Hertz 2013 Annual Report Download - page 182
Download and view the complete annual report
Please find page 182 of the 2013 Hertz annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172 -
173 -
174 -
175 -
176 -
177 -
178 -
179 -
180 -
181 -
182 -
183 -
184 -
185 -
186 -
187 -
188 -
189 -
190 -
191
 |
 |
Income (loss) before income taxes $739.2
$493.6
$355.2
$25.3
$(150.1)
Interest expense 678.9
597.8
650.3
726.5
653.7
Portion of rent estimated to represent the interest factor 214.8
151.1
146.2
157.4
143.4
Earnings before income taxes and fixed charges $1,632.9
$1,242.5
$1,151.7
$909.2
$647.0
Interest expense (including capitalized interest) $688.6
$601.4
$652.4
$727.4
$654.9
Portion of rent estimated to represent the interest factor 214.8
151.1
146.2
157.4
143.4
Fixed charges $903.4
$752.5
$798.6
$884.8
$798.3
Ratio of earnings to fixed charges 1.8
1.7
1.4
1.0
(b)
__________________________________
(a) Prior period amounts have been revised, for a description of the revisions to prior periods, see Note 2 to the Notes to our audited annual
consolidated financial statements included in this Annual Report under the caption "Item 8 - Financial Statements and Supplementary
Data."
(b) Earnings before income taxes and fixed charges for the years ended December 31, 2009 were inadequate to cover fixed charges for the
period by $151.3 million.
Source: HERTZ CORP, 10-K, March 31, 2014 Powered by Morningstar® Document Research℠
The information contained herein may not be copied, adapted or distributed and is not warranted to be accurate, complete or timely. The user assumes all risks for any damages or losses arising from any use of this information,
except to the extent such damages or losses cannot be limited or excluded by applicable law. Past financial performance is no guarantee of future results.