Hertz 2013 Annual Report Download - page 139
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Table of Contents
The impact of offsetting derivative instruments is depicted below (in millions of dollars):
As of December 31, 2013:
Gasoline swaps $1.8
$ —
$1.8
$(0.1)
$ —
$1.7
Interest rate caps 9.1
—
9.1
—
—
9.1
Foreign exchange forward contracts 1.7
—
1.7
(1.5)
—
0.2
Foreign exchange options 0.1
—
0.1
(0.1)
—
—
Total $12.7
$ —
$12.7
$(1.7)
$ —
$11.0
Interest rate caps $8.9
$ —
$8.9
$ —
$ —
$8.9
Foreign exchange forward contracts 5.3
—
5.3
(1.7)
—
3.6
Total $14.2
$ —
$14.2
$(1.7)
$ —
$12.5
As of December 31, 2012:
Interest rate caps $0.9
$ —
$0.9
$ —
$ —
$0.9
Foreign exchange forward contracts 3.4
—
3.4
(1.3)
—
2.1
Foreign exchange options 0.2
—
0.2
(0.2)
—
—
Total $4.5
$ —
$4.5
$(1.5)
$ —
$3.0
Interest rate caps $0.9
$ —
$0.9
$ —
$ —
$0.9
Gasoline swaps 0.1
—
0.1
—
—
0.1
Foreign exchange forward contracts 4.5
—
4.5
(1.5)
—
3.0
Total $5.5
$ —
$5.5
$(1.5)
$ —
$4.0
135
Source: HERTZ CORP, 10-K, March 31, 2014 Powered by Morningstar® Document Research℠
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