For Dollar Rent A Car, what years are covered in the cash flow statement?
Dollar_Rent_A_Car Franchise · 2025 FDDAnswer from 2025 FDD Document
Net cash provided by (used in) financing activities | 655 | 1,316 | 488 | | | | Effect of foreign currency exchange rate changes on cash and cash equivalents | (26) | 25 | (25) | | | | and restricted cash and cash equivalents | | | | | | | Net increase (decrease) in cash and cash equivalents and restricted cash and | (74) | (212) | (1,232) | | | | cash equivalents during the period | | | | | |
THE HERTZ CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS (Continued) (In millions)
| Years Ended Decemb | ber 31, | ||||||
|---|---|---|---|---|---|---|---|
| 2024 | 2023 | 2022 | |||||
| Cash and cash equivalents and restricted cash and cash equivalents at beginning of period | 1,206 | 1,418 | 2,650 | ||||
| Cash and cash equivalents and restricted cash and cash equivalents at end of period | $ | 1,132 | $ | 1,206 | $ | 1,418 | |
| Supplemental disclosures of cash flow information: | |||||||
| Cash paid during the period for: | |||||||
| Interest, net of amounts capitalized: | |||||||
| Vehicle | $ | 511 | $ | 469 | $ | 204 | |
| Non-vehicle | 287 | 252 | 168 | ||||
| Income taxes, net of refunds | 53 | 33 | 78 | ||||
| Operating lease liabilities | 589 | 547 | 454 | ||||
| Supplemental disclosures of non-cash information: | |||||||
Source: Item 23 — RECEIPTS (FDD pages 102–301)
What This Means (2025 FDD)
According to Dollar Rent A Car's 2025 Franchise Disclosure Document, the cash flow statement includes data for the years 2022, 2023, and 2024. This allows prospective franchisees to review the brand's recent financial performance over a three-year period.
The cash flow statement provides insights into Dollar Rent A Car's cash and cash equivalents at the beginning and end of each period, as well as supplemental disclosures of cash flow information. This includes cash paid for interest on both vehicle and non-vehicle related expenses, income taxes, and operating lease liabilities. Additionally, the statement details non-cash information such as purchases of revenue earning vehicles included in accounts payable, sales of revenue earning vehicles included in vehicle receivables, and assets acquired through finance leases.
Analyzing these figures can help a potential Dollar Rent A Car franchisee understand how the company manages its cash, invests in its fleet and other assets, and handles its financial obligations. Reviewing these trends over multiple years provides a more comprehensive view of the company's financial health and stability. This information is valuable for assessing the overall financial risk and potential return on investment associated with a Dollar Rent A Car franchise.