Hertz 2015 Annual Report Download - page 4

Table of Contents


Unless the context otherwise requires in this Annual Report on Form 10-K (“Annual Report”) we use the following defined terms:
(i) “Hertz Holdings” means Hertz Global Holdings, Inc., our top-level holding company;
(ii) “Hertz” means The Hertz Corporation, our primary operating company and a direct wholly-owned subsidiary of Hertz Investors, Inc.,
which is wholly-owned by Hertz Holdings;
(iii) "the Company," “we,” “us” and “our” mean Hertz Holdings and its consolidated subsidiaries;
(iv) "Dollar Thrifty" means Dollar Thrifty Automotive Group, Inc., a consolidated subsidiary of the Company;
(v) “HERC” means Hertz Equipment Rental Corporation, Hertz's wholly-owned equipment rental subsidiary, together with our various other
wholly-owned international subsidiaries that conduct our industrial, construction, material handling and entertainment equipment rental
business;
(vi) "Donlen" means Donlen Corporation, a consolidated subsidiary of the Company. Donlen conducts our fleet leasing and fleet
management services;
(vii) “cars” means cars, crossovers and light trucks (including sport utility vehicles and, outside North America, light commercial vehicles);
(viii) “program cars” means cars purchased by car rental companies under repurchase or guaranteed depreciation programs with car
manufacturers;
(ix) “non-program cars” means cars not purchased under repurchase or guaranteed depreciation programs for which we are exposed to
residual risk;
(x) “company-operated” rental locations are those through which we, or an agent of ours, rent cars that we own or lease; and
(xi) “equipment” means industrial, construction and material handling equipment.

Certain statements contained or incorporated by reference in this Annual Report and in reports we subsequently file with the United States
Securities and Exchange Commission ("SEC") on Forms 10-K and 10-Q and file or furnish on Form 8-K, and in related comments by our
management, include "forward-looking statements." Forward-looking statements include information concerning our liquidity and our possible or
assumed future results of operations, including descriptions of our business strategies. These statements often include words such as "believe,"
"expect," "project," "potential," "anticipate," "intend," "plan," "estimate," "seek," "will," "may," "would," "should," "could," "forecasts" or similar
expressions. These statements are based on certain assumptions that we have made in light of our experience in the industry as well as our
perceptions of historical trends, current conditions, expected future developments and other factors we believe are appropriate in these
circumstances. We believe these judgments are reasonable, but you should understand that these statements are not guarantees of performance
or results, and our actual results could differ materially from those expressed in the forward-looking statements due to a variety of important
factors, both positive and negative, that may be revised or supplemented in subsequent reports on Forms 10-K, 10-Q and 8-K.
Some important factors that could affect our actual results and cause them to differ materially from those expressed in forward-looking statements
include, among others, those that may be disclosed from time to time in subsequent
i
 ℠
The information contained herein may not be copied, adapted or distributed and is not warranted to be accurate, complete or timely. The user assumes all risks for any damages or losses arising from any use of this information,
except to the extent such damages or losses cannot be limited or excluded by applicable law. Past financial performance is no guarantee of future results.