Avis 2010 Annual Report Download - page 117

Table of Contents
As of December 31, 2009
F
-
53
Parent
Subsidiary
Issuers
Guarantor
Subsidiaries
Non
-
Guarantor
Subsidiaries
Eliminations
Total
Assets
Current assets:
Cash and cash equivalents
$
242
$
70
$
7
$
163
$
-
$
482
Receivables, net
-
82
136
72
-
290
Deferred income taxes
8
-
111
4
(16
)
107
Other current assets
674
60
70
77
(30
)
851
Total current assets
924
212
324
316
(46
)
1,730
Property and equipment, net
-
57
344
41
-
442
Deferred income taxes
54
274
257
12
-
597
Goodwill
-
-
74
2
-
76
Other intangibles, net
-
7
385
86
-
478
Other non
-
current assets
166
69
10
48
(45
)
248
Intercompany receivables (payables)
22
637
(938
)
279
-
-
Investment in subsidiaries
137
932
2,203
-
(3,272
)
-
Total assets exclusive of assets under
vehicle programs
1,303
2,188
2,659
784
(3,363
)
3,571
Assets under vehicle programs:
Program cash
-
-
-
157
-
157
Vehicles, net
-
10
141
5,816
-
5,967
Receivables from vehicle
manufacturers and other
-
-
-
170
-
170
Investment in Avis Budget Rental
Car Funding (AESOP) LLC-
related party
-
-
-
228
-
228
-
10
141
6,371
-
6,522
Total assets
$
1,303
$
2,198
$
2,800
$
7,155
$
(3,363
)
$
10,093
Liabilities and stockholders
’
equity
Current liabilities:
Accounts payable and other current
liabilities
$
572
$
168
$
471
$
105
$
(44
)
$
1,272
Current portion of long
-
term debt
-
10
2
-
-
12
Total current liabilities
572
178
473
105
(44
)
1,284
Long
-
term debt
345
1,770
4
-
-
2,119
Other non
-
current liabilities
164
123
267
118
(42
)
630
Total liabilities exclusive of liabilities
under vehicle programs
1,081
2,071
744
223
(86
)
4,033
Liabilities under vehicle programs:
Debt
-
10
31
673
-
714
Due to Avis Budget Rental Car
Funding (AESOP) LLC-related
party
-
-
-
3,660
-
3,660
Deferred income taxes
-
-
1,093
174
-
1,267
Other
-
-
-
197
-
197
-
10
1,124
4,704
-
5,838
Total stockholders
’
equity
222
117
932
2,228
(3,277
)
222
Total liabilities and stockholders
’
equity
$
1,303
$
2,198
$
2,800
$
7,155
$
(3,363
)
$
10,093