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Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. junior Avg
|
- 10-K Annual report
- 3.1 EX-3.1
- 3.2 EX-3.2
- 4.6.8 EX-4.6.8
- 4.7.10 EX-4.7.10
- 4.9.1 EX-4.9.1
- 4.9.2 EX-4.9.2
- 4.9.3 EX-4.9.3
- 4.9.4 EX-4.9.4
- 4.9.5 EX-4.9.5
- 4.9.6 EX-4.9.6
- 4.9.7 EX-4.9.7
- 4.9.11 EX-4.9.11
- 4.9.13 EX-4.9.13
- 4.9.14 EX-4.9.14
- 4.9.25 EX-4.9.25
- 4.10 EX-4.10
- 4.12 EX-4.12
- 4.13.2 EX-4.13.2
- 10.30 EX-10.30
- 10.31 EX-10.31
- 10.32 EX-10.32
- 12 EX-12
- 21.1 EX-21.1
- 23 EX-23
- 31.1 EX-31.1
- 31.2 EX-31.2
- 32.1 EX-32.1
- 32.2 EX-32.2
Exhibit 12
HERTZ GLOBAL HOLDINGS, INC. AND SUBSIDIARIES
COMPUTATION OF CONSOLIDATED RATIO OF EARNINGS
TO FIXED CHARGES (UNAUDITED)
(In Thousands of Dollars Except Ratios)
|
| Successor |
| Successor |
|
|
| Predecessor |
| Predecessor |
| ||||||||||||||||||||||
|
|
|
| For the periods from |
|
|
|
|
|
|
| ||||||||||||||||||||||
|
| Year ended |
| December 21, |
|
|
| January 1, |
| Year ended |
| Year ended |
| Year ended |
| ||||||||||||||||||
Income (loss) before income taxes and minority interest |
|
| $ | 200,651 |
|
|
| $ | (33,218 | ) |
|
|
|
| $ | 574,906 |
|
|
| $ | 502,552 |
|
|
| $ | 237,492 |
|
|
| $ | 216,394 |
|
|
Interest expense |
|
| 943,210 |
|
|
| 26,812 |
|
|
|
|
| 510,403 |
|
|
| 408,171 |
|
|
| 372,924 |
|
|
| 376,710 |
|
| ||||||
Portion of rent estimated to represent the interest factor |
|
| 147,800 |
|
|
| 4,084 |
|
|
|
|
| 131,449 |
|
|
| 119,918 |
|
|
| 118,813 |
|
|
| 115,879 |
|
| ||||||
Earnings (loss) before income taxes, minority interest and fixed charges |
|
| $ | 1,291,661 |
|
|
| $ | (2,322 | ) |
|
|
|
| $ | 1,216,758 |
|
|
| $ | 1,030,641 |
|
|
| $ | 729,229 |
|
|
| $ | 708,983 |
|
|
Interest expense (including capitalized interest) |
|
| $ | 949,405 |
|
|
| $ | 26,939 |
|
|
|
|
| $ | 513,275 |
|
|
| $ | 409,046 |
|
|
| $ | 373,522 |
|
|
| $ | 377,852 |
|
|
Portion of rent estimated to represent the interest factor |
|
| 147,800 |
|
|
| 4,084 |
|
|
|
|
| 131,449 |
|
|
| 119,918 |
|
|
| 118,813 |
|
|
| 115,879 |
|
| ||||||
Fixed charges |
|
| $ | 1,097,205 |
|
|
| $ | 31,023 |
|
|
|
|
| $ | 644,724 |
|
|
| $ | 528,964 |
|
|
| $ | 492,335 |
|
|
| $ | 493,731 |
|
|
Ratio of earnings to fixed charges |
|
| 1.2 |
|
|
| (a) |
|
|
|
|
| 1.9 |
|
|
| 1.9 |
|
|
| 1.5 |
|
|
| 1.4 |
|
|
(a) Earnings (loss) before income taxes, minority interest and fixed charges for the period ended December 31, 2005 were inadequate to cover fixed charges by $33.3 million.