Hertz 2014 Annual Report Download - page 98

Table of Contents
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
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Cash and cash equivalents $ 490
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$ 411
Restricted cash and cash equivalents 571
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861
Receivables, net of allowance of $67 and $62, respectively 1,597
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1,397
Inventories, net 67
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87
Prepaid expenses and other assets 917
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715
Revenue earning equipment:
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Cars 14,622
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14,456
Less accumulated depreciation - cars (3,411)
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(2,681)
Other equipment 3,613
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3,535
Less accumulated depreciation - other equipment (1,171)
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(1,119)
Revenue earning equipment, net 13,653
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14,191
Property and equipment:
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Land, buildings and leasehold improvements 1,268
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1,271
Service equipment and other 1,148
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978
Less accumulated depreciation (1,094)
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(964)
Property and equipment, net 1,322
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1,285
Other intangible assets, net 4,009
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4,124
Goodwill 1,359
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1,352
Total assets $ 23,985
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$ 24,423
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Accounts payable $ 1,008
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$ 1,022
Accrued liabilities 1,148
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1,171
Accrued taxes, net 134
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146
Debt 15,993
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16,309
Public liability and property damage 385
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351
Deferred taxes on income, net 2,853
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2,857
Total liabilities 21,521
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21,856
Commitments and contingencies
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Equity:
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Preferred Stock, $0.01 par value, 200 shares authorized, no shares issued and outstanding —
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—
Common Stock, $0.01 par value, 2,000 shares authorized, 463 and 450 shares issued and 459 and 446
shares outstanding 5 4
Additional paid-in capital 3,325 3,226
Accumulated deficit (664) (582)
Accumulated other comprehensive income (loss) (115) 6
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2,551 2,654
Treasury Stock, at cost, 4 shares and 4 shares (87) (87)
Total equity 2,464 2,567
Total liabilities and equity $ 23,985
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$ 24,423
The accompanying notes are an integral part of these financial statements.
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Source: HERTZ GLOBAL HOLDINGS INC, 10-K, July 16, 2015 Powered by Morningstar® Document Research℠
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