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Filing tables
Filing exhibits
- 10-K/A Annual report
- 4.17 Exhibit 4.17
- 4.1.8 Exhibit 4.1.8
- 4.2.8 Exhibit 4.2.8
- 4.3.8 Exhibit 4.3.8
- 4.4.9 EXHIBIT4.4.9
- 4.5.1 Exhibit 4.5.1
- 4.5.10 Exhibit 4.5.10
- 4.5.4 Exhibit 4.5.4
- 4.5.7 Exhibit 4.5.7
- 4.5.9 Exhibit 4.5.9
- 4.6.1 Exhibit 4.6.1
- 4.6.2 Exhibit 4.6.2
- 4.7.2 Exhibit 4.7.2
- 4.8.2 Exhibit 4.8.2
- 4.9.2 Exhibit 4.9.2
- 4.9.3 Exhibit 4.9.3
- 4.10.2 Exhibit 4.10.2
- 4.11.10 Exhibit 4.11.10
- 4.11.7 Exhibit 4.11.7
- 4.11.8 Exhibit 4.11.8
- 4.12.1 Exhibit 4.12.1
- 4.12.2 Exhibit 4.12.2
- 4.13.5 Exhibit 4.13.5
- 4.14.5 Exhibit 4.14.5
- 4.16.1 Exhibit 4.16.1
- 4.16.2 Exhibit 4.16.2
- 4.16.3 Exhibit 4.16.3
- 4.18.1 Exhibit 4.18.1
- 4.18.2 Exhibit 4.18.2
- 4.18.3 Exhibit 4.18.3
- 4.18.4 Exhibit 4.18.4
- 4.18.5 Exhibit 4.18.5
- 4.18.6 Exhibit 4.18.6
- 4.18.7 Exhibit 4.18.7
- 10.21 Exhibit 10.21
- 10.6.13 Exhibit 10.6.13
- 10.6.14 Exhibit 10.6.14
- 12.1 Exhibit 12.1
- 21.1 Exhibit 21.1
- 23.1 Exhibit 23.1
- 31.1 Exhibit 31.1
- 31.2 Exhibit 31.2
- 32.1 Exhibit 32.1
- 32.2 Exhibit 32.2
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Exhibit 12.1
HERTZ GLOBAL HOLDINGS, INC. AND SUBSIDIARIES
COMPUTATION OF CONSOLIDATED RATIO OF EARNINGS
TO FIXED CHARGES (UNAUDITED)
(In Millions of Dollars Except Ratios)
Years ended December 31, | |||||||||||||||||||
2013 | 2012(a) | 2011(a) | 2010(a) | 2009(a) | |||||||||||||||
Income (loss) before income taxes | $ | 663.1 | $ | 441.4 | $ | 305.6 | $ | (21.6 | ) | $ | (176.9 | ) | |||||||
Interest expense | 716.0 | 649.9 | 699.7 | 773.4 | 680.3 | ||||||||||||||
Portion of rent estimated to represent the interest factor | 214.8 | 151.1 | 146.2 | 157.4 | 143.4 | ||||||||||||||
Earnings before income taxes and fixed charges | $ | 1,593.9 | $ | 1,242.4 | $ | 1,151.5 | $ | 909.2 | $ | 646.8 | |||||||||
Interest expense (including capitalized interest) | $ | 725.7 | $ | 653.5 | $ | 701.8 | $ | 774.3 | $ | 681.5 | |||||||||
Portion of rent estimated to represent the interest factor | 214.8 | 151.1 | 146.2 | 157.4 | 143.4 | ||||||||||||||
Fixed charges | $ | 940.5 | $ | 804.6 | $ | 848 | $ | 931.7 | $ | 824.9 | |||||||||
Ratio of earnings to fixed charges | 1.7 | 1.5 | 1.4 | (b) | (b) |
__________________________________
(a) | Prior period amounts have been revised, for a description of the revisions to prior periods, see Note 2 to the Notes to our audited annual consolidated financial statements included in this Annual Report under the caption “Item 8—Financial Statements and Supplementary Data." |
(b) | Earnings before income taxes and fixed charges for the years ended December 31, 2010 and 2009 were inadequate to cover fixed charges for the period by $15.5 million and $178.1 million, respectively. |