Hertz 2013 Annual Report Download - page 160
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Table of Contents
Revenues $4,544.9
$4,259.1
$4,068.3
Expenses:
Direct operating 2,555.2
2,385.7
2,262.7
Depreciation of revenue earning equipment and lease charges 2,713.6
2,378.5
1,986.2
Selling, general and administrative 482.3
474.1
349.2
Interest expense, net of interest income 336.6
253.5
299.2
Other (income) expense, net 54.1
(10.7)
62.4
Total expenses 6,141.8
5,481.1
4,959.7
Loss before income taxes (1,596.9)
(1,222.0)
(891.4)
Benefit for taxes on income 597.1
477.7
347.3
Equity in earnings of subsidiaries, net of tax 1,393.8
1,015.5
742.5
Net income (loss) $394.0
$271.2
$198.4
The accompanying notes are an integral part of these financial statements.
156
Source: HERTZ CORP, 10-K, March 31, 2014 Powered by Morningstar® Document Research℠
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