Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Item 7.01. Regulation FD Disclosure.
As previously disclosed, the company has agreed with its bondholders that the company would periodically furnish specified consolidated unaudited interim financial information. Such consolidated financial information as of and for the month ended October 31, 2005 is set forth below:
| Month Ended |
| October 31, 2005 |
| (dollars in millions) |
Total revenue | $335.1 |
Net cash provided by operating activities | $39.1 |
Purchases of rental equipment | $13.8 |
Purchases of property and equipment | $5.9 |
Dollar utilization | 74.4% |
| As of October 31, 2005 |
| (in millions) |
Total debt | $2,918.0 |
Cash position plus borrowing availability * | $834.9 |
* Includes full availability under the company’s $200 million accounts receivable securitization facility. In the event the company’s long-term senior secured ratings are downgraded below B2 by Moody’s Investors Service, Inc. or below B+ by Standard & Poor’s, this facility is subject to termination. The company’s current long-term senior secured ratings are B2 by Moody’s Investors Service, Inc. and BB by Standard & Poor’s.
Cash position of $183.8 million as of October 31, 2005, also includes $75 million in an investment account for a traffic control subsidiary to conduct traffic control business with the state of Florida.
The company's results for the month ended October 31, 2005 have not been finalized and, consequently, the financial information set forth above is preliminary and subject to such changes as may determined by the company to be appropriate in connection with, among other things, the previously announced SEC inquiry, internal company reviews, and possible restatements of financial results from prior periods.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, each Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized on this 21st day of November, 2005.
UNITED RENTALS, INC.
Name: Martin E. Welch
Title: Interim Chief Financial Officer
UNITED RENTALS (NORTH AMERICA), INC.
Name: Martin E. Welch
Title: Interim Chief Financial Officer