Hertz 2012 Annual Report Download - page 116
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REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM (Continued)
Because of its inherent limitations, internal control over financial reporting may not prevent or detect
misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the
risk that controls may become inadequate because of changes in conditions, or that the degree of
compliance with the policies or procedures may deteriorate.
As described in Management’s Report on Internal Control Over Financial Reporting appearing under
Item 9A, management has excluded Dollar Thrifty from its assessment of internal control over financial
reporting as of December 31, 2012 because it was acquired by the Company in a purchase business
acquisition during November 2012. We have also excluded Dollar Thrifty from our audit of internal
control over financial reporting. Dollar Thrifty is a wholly-owned subsidiary whose total assets and total
revenues represent approximately 21% and 2%, respectively, of the related consolidated financial
statement amounts as of and for the year ended December 31, 2012.
/s/ PricewaterhouseCoopers LLP
Florham Park, New Jersey
March 4, 2013
92