Hertz 2011 Annual Report Download - page 174

SCHEDULE I
CONDENSED FINANCIAL INFORMATION OF REGISTRANT
HERTZ GLOBAL HOLDINGS, INC.
PARENT COMPANY BALANCE SHEETS
(In Thousands of Dollars)
December 31,
2011 2010
ASSETS
Cash and cash equivalents ................................. $ 571 $ 164
Accounts receivable from Hertz affiliate ........................ 412 1,396
Taxes receivable ......................................... 37,181 27,457
Prepaid expenses and other assets ........................... 79 18
Investments in subsidiaries ................................. 2,628,834 2,485,816
Deferred charges ........................................ 5,544 7,839
Total assets ......................................... $2,672,621 $ 2,522,690
LIABILITIES AND STOCKHOLDERS’ EQUITY
Accrued liabilities ........................................ $ 2,118 $ 2,079
Debt ................................................. 409,241 387,085
Deferred taxes on income .................................. 26,606 31,577
Total liabilities ....................................... 437,965 420,741
Stockholders’ equity:
Common Stock, $0.01 par value, 2,000,000,000 shares authorized,
417,022,853 and 413,462,889 shares issued and outstanding ..... 4,170 4,135
Additional paid-in capital ................................. 3,205,964 3,183,225
Accumulated deficit ..................................... (947,064) (1,123,234)
Accumulated other comprehensive income (loss) ............... (28,414) 37,823
Total stockholders’ equity ............................... 2,234,656 2,101,949
Total liabilities and stockholders’ equity ..................... $2,672,621 $ 2,522,690
The accompanying notes are an integral part of these financial statements.
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