Attached files
| file | filename |
|---|---|
| EX-21.1 - EXHIBIT 21.1 - HERTZ CORP | a2196932zex-21_1.htm |
| EX-32.2 - EXHIBIT 32.2 - HERTZ CORP | a2196932zex-32_2.htm |
| EX-31.2 - EXHIBIT 31.2 - HERTZ CORP | a2196932zex-31_2.htm |
| EX-31.1 - EXHIBIT 31.1 - HERTZ CORP | a2196932zex-31_1.htm |
| EX-32.1 - EXHIBIT 32.1 - HERTZ CORP | a2196932zex-32_1.htm |
| 10-K - FORM 10-K - HERTZ CORP | a2196932z10-k.htm |
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THE HERTZ CORPORATION AND SUBSIDIARIES
COMPUTATION OF CONSOLIDATED RATIO OF EARNINGS
TO FIXED CHARGES (UNAUDITED)
(In Millions of Dollars Except Ratios)
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Successor |
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Predecessor | |||||||||||||||||||
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For the Periods From | |||||||||||||||||
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Years ended December 31, | December 21, 2005 to December 31, 2005 |
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January 1, 2005 to December 20, 2005 |
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2009 | 2008 | 2007 | 2006 |
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Income (loss) before income taxes and noncontrolling interest |
$ | (144.3 | ) | $ | (1,383.4 | ) | $ | 388.8 | $ | 240.7 | $ | (33.2 | ) | $ | 574.9 | |||||||
Interest expense |
653.7 | 870.5 | 917.0 | 903.0 | 26.9 | 510.3 | ||||||||||||||||
Portion of rent estimated to represent the interest factor |
149.9 | 155.7 | 165.1 | 147.8 | 4.1 | 131.4 | ||||||||||||||||
Earnings (loss) before income taxes, noncontrolling interest and fixed charges |
$ | 659.3 | $ | (357.2 | ) | $ | 1,470.9 | $ | 1,291.5 | $ | (2.2 | ) | $ | 1,216.6 | ||||||||
Interest expense (including capitalized interest) |
$ | 654.9 | $ | 873.3 | $ | 921.9 | $ | 909.2 | $ | 26.9 | $ | 513.3 | ||||||||||
Portion of rent estimated to represent the interest factor |
149.9 | 155.7 | 165.1 | 147.8 | 4.1 | 131.4 | ||||||||||||||||
Fixed charges |
$ | 804.8 | $ | 1,029.0 | $ | 1,087.0 | $ | 1,057.0 | $ | 31.0 | $ | 644.7 | ||||||||||
Ratio of earnings to fixed charges |
(a | ) | (a | ) | 1.4 | 1.2 | (a | ) | 1.9 | |||||||||||||
- (a)
- Earnings (loss) before income taxes, noncontrolling interest and fixed charges for the years ended December 31, 2009 and December 31, 2008 and the Successor period ended December 31, 2005 were inadequate to cover fixed charges for the period by $145.5 million, $1,386.2 million and $33.2 million, respectively.
THE HERTZ CORPORATION AND SUBSIDIARIES COMPUTATION OF CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES (UNAUDITED) (In Millions of Dollars Except Ratios)