Hertz 2013 Annual Report Download - page 82
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Table of Contents
Total revenues
$3,069.4
$ —
$3,069.4
$8,220.6
$(5.0)
$8,215.6
Direct operating
1,525.4
14.1
1,539.5
4,282.6 (g) 30.1
4,312.7
Depreciation of revenue
earning equipment
and lease charges
676.7
(1.8)
674.9
1,904.8 (h) (22.3)
1,882.5
Selling, general and
administrative
276.8
(5.3)
271.5
803.1 (i) (3.5)
799.6
Other (income)
expense, net
44.8
—
44.8
43.1
2.3
45.4
Income before income
taxes
374.0
(7.0)
367.0
685.7
(11.6)
674.1
(Provision) benefit for
taxes on income
(132.4)
2.5
(129.9)
(287.7)
4.3
(283.4)
Net income (loss)
attributable to The
Hertz Corporation and
Subsidiaries' common
stockholder
241.6
(4.5)
237.1
398.0
(7.3)
390.7
_______________________________________________________________________________
(g) Primarily consists of $3.1 million adjustments related to under accruals and certain reclassifications of $23.1 million to conform to the current
presentation.
(h) Primarily consists of $22.1 million adjustment related to vendor incentives.
(i) Primarily consists of $21.2 million adjustment related to vendor incentives, offset by certain reclassifications of $23.1 million to conform to the
current presentation.
Total revenues
$1,960.9
$0.8
$1,961.7
$2,225.1
$1.1
$2,226.2
Direct operating
1,114.1
0.9
1,115.0
1,188.9
5.3
1,194.2
Depreciation of revenue earning
equipment and lease charges
515.1
(6.4)
508.7
519.8
(5.3)
514.5
Selling, general and
administrative
207.8
6.2
214.0
206.6
11.8
218.4
(Loss) income before income
taxes
(24.0)
0.1
(23.9)
171.6
(10.7)
160.9
(Provision) benefit for taxes on
income
(24.2)
(0.1)
(24.3)
(70.7)
5.7
(65.0)
Net income (loss) attributable to
The Hertz Corporation and
Subsidiaries' common
stockholder
(48.2)
—
(48.2)
100.9
(5.0)
95.9
79
Source: HERTZ CORP, 10-K, March 31, 2014 Powered by Morningstar® Document Research℠
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