AutoNation 2005 Annual Report Download - page 24

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Table of Contents
related revenue is recognized. We may also participate in future profit, pursuant to retrospective commission arrangements, that would be
recognized over the life of the policies. Rebates, holdbacks, floorplan assistance and certain other dealer credits received from manufacturers
are recorded as offsets to the cost of the vehicle and recognized into income upon the sale of the vehicle or when earned under a specific
manufacturer program, whichever is later.
Other — Additionally, significant estimates have been made by us in the accompanying Consolidated Financial Statements including
allowances for doubtful accounts, and for accruals related to self-insurance programs, certain legal proceedings and estimated tax liabilities.
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