Hertz 2013 Annual Report Download - page 73

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Table of Contents


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Revenues:
Worldwide car rental $8,706.9
$7,161.7
$6,940.8
Worldwide equipment rental 1,538.0
1,385.4
1,209.5
All other operations 527.0
477.8
149.0
Total revenues 10,771.9
9,024.9
8,299.3
Expenses:
Direct operating 5,752.0 4,806.0 4,573.1
Depreciation of revenue earning equipment and lease charges 2,525.5 2,128.9 1,896.2
Selling, general and administrative 1,021.8 968.0 767.5
Interest expense 678.9 597.8 650.3
Interest income (11.6)(4.9)(5.5)
Other (income) expense, net 66.1 35.5 62.5
Total expenses 10,032.7
8,531.3
7,944.1
Income before income taxes 739.2
493.6
355.2
Provision for taxes on income (345.2)(222.4)(137.2)
Net income 394.0
271.2
218.0
Less: Net income attributable to noncontrolling interest —
—
(19.6)
Net income attributable to The Hertz Corporation and Subsidiaries' common stockholder $394.0
$271.2
$198.4
The accompanying notes are an integral part of these financial statements.
70
Source: HERTZ CORP, 10-K, March 31, 2014 Powered by Morningstar® Document Research℠
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