Financial Statements for Avis Budget Group Inc.

Search Images Maps Play YouTube News Gmail Drive More »

Help | Sign in

Recent Quotes (30 days)

You have no recent quotes

chg | %

Avis Budget Group Inc. financials

Watch this stock

Income Statement

Balance Sheet

Cash Flow

View: Quarterly Data | Annual Data

Hide charts

In Millions of USD (except for per share items)	3 months ending 2013-03-31	3 months ending 2012-12-31	3 months ending 2012-09-30	3 months ending 2012-06-30	3 months ending 2012-03-31
Revenue	1,217.00	1,213.00	1,582.00	1,334.00	1,168.00
Other Revenue, Total	474.00	485.00	588.00	532.00	455.00
Total Revenue	1,691.00	1,698.00	2,170.00	1,866.00	1,623.00
Cost of Revenue, Total	964.00	977.00	1,074.00	983.00	919.00
Gross Profit	253.00	236.00	508.00	351.00	249.00
Selling/General/Admin. Expenses, Total	224.00	229.00	244.00	233.00	219.00
Research & Development	-	-	-	-	-
Depreciation/Amortization	387.00	372.00	436.00	392.00	363.00
Interest Expense(Income) - Net Operating	-	-	-	-	-
Unusual Expense (Income)	58.00	58.00	12.00	-20.00	1.00
Other Operating Expenses, Total	-	-	-	-	-
Total Operating Expense	1,748.00	1,761.00	1,910.00	1,737.00	1,649.00
Operating Income	-57.00	-63.00	260.00	129.00	-26.00
Interest Income(Expense), Net Non-Operating	-	-	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	-	-
Other, Net	-	-	-	-	-
Income Before Tax	-57.00	-63.00	260.00	129.00	-26.00
Income After Tax	-46.00	-46.00	280.00	79.00	-23.00
Minority Interest	-	-	-	-	-
Equity In Affiliates	-	-	-	-	-
Net Income Before Extra. Items	-46.00	-46.00	280.00	79.00	-23.00
Accounting Change	-	-	-	-	-
Discontinued Operations	-	-	-	-	-
Extraordinary Item	-	-	-	-	-
Net Income	-46.00	-46.00	280.00	79.00	-23.00
Preferred Dividends	-	-	-	-	-
Income Available to Common Excl. Extra Items	-46.00	-46.00	280.00	79.00	-23.00
Income Available to Common Incl. Extra Items	-46.00	-46.00	280.00	79.00	-23.00
Basic Weighted Average Shares	-	-	-	-	-
Basic EPS Excluding Extraordinary Items	-	-	-	-	-
Basic EPS Including Extraordinary Items	-	-	-	-	-
Dilution Adjustment	0.00	0.00	1.00	1.00	0.00
Diluted Weighted Average Shares	107.70	106.90	118.00	121.90	105.90
Diluted EPS Excluding Extraordinary Items	-0.43	-0.43	2.38	0.66	-0.22
Diluted EPS Including Extraordinary Items	-	-	-	-	-
Dividends per Share - Common Stock Primary Issue	0.00	0.00	0.00	0.00	0.00
Gross Dividends - Common Stock	-	-	-	-	-
Net Income after Stock Based Comp. Expense	-	-	-	-	-
Basic EPS after Stock Based Comp. Expense	-	-	-	-	-
Diluted EPS after Stock Based Comp. Expense	-	-	-	-	-
Depreciation, Supplemental	-	-	-	-	-
Total Special Items	-	-	-	-	-
Normalized Income Before Taxes	-	-	-	-	-
Effect of Special Items on Income Taxes	-	-	-	-	-
Income Taxes Ex. Impact of Special Items	-	-	-	-	-
Normalized Income After Taxes	-	-	-	-	-
Normalized Income Avail to Common	-	-	-	-	-
Basic Normalized EPS	-	-	-	-	-
Diluted Normalized EPS	-0.05	0.04	2.47	0.56	-0.18

In Millions of USD (except for per share items)	12 months ending 2012-12-31	12 months ending 2011-12-31	12 months ending 2010-12-31	12 months ending 2009-12-31
Revenue	5,297.00	4,338.00	3,882.00	3,906.00
Other Revenue, Total	2,060.00	1,562.00	1,303.00	1,225.00
Total Revenue	7,357.00	5,900.00	5,185.00	5,131.00
Cost of Revenue, Total	5,392.00	4,482.00	3,927.00	4,091.00
Gross Profit	-95.00	-144.00	-45.00	-185.00
Selling/General/Admin. Expenses, Total	925.00	756.00	569.00	551.00
Research & Development	-	-	-	-
Depreciation/Amortization	125.00	95.00	90.00	96.00
Interest Expense(Income) - Net Operating	-	-	-	-
Unusual Expense (Income)	50.00	26.00	53.00	23.00
Other Operating Expenses, Total	-	-	-	-
Total Operating Expense	7,057.00	5,864.00	5,113.00	5,208.00
Operating Income	300.00	36.00	72.00	-77.00
Interest Income(Expense), Net Non-Operating	-	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	-
Other, Net	-	-	-	-
Income Before Tax	300.00	36.00	72.00	-77.00
Income After Tax	290.00	-29.00	54.00	-47.00
Minority Interest	-	-	-	-
Equity In Affiliates	-	-	-	-
Net Income Before Extra. Items	290.00	-29.00	54.00	-47.00
Accounting Change	-	-	-	-
Discontinued Operations	-	-	-	-
Extraordinary Item	-	-	-	-
Net Income	290.00	-29.00	54.00	-47.00
Preferred Dividends	-	-	-	-
Income Available to Common Excl. Extra Items	290.00	-29.00	54.00	-47.00
Income Available to Common Incl. Extra Items	290.00	-29.00	54.00	-47.00
Basic Weighted Average Shares	-	-	-	-
Basic EPS Excluding Extraordinary Items	-	-	-	-
Basic EPS Including Extraordinary Items	-	-	-	-
Dilution Adjustment	4.00	0.00	7.00	0.00
Diluted Weighted Average Shares	121.60	105.20	126.70	102.20
Diluted EPS Excluding Extraordinary Items	2.42	-0.28	0.48	-0.46
Diluted EPS Including Extraordinary Items	-	-	-	-
Dividends per Share - Common Stock Primary Issue	0.00	0.00	0.00	0.00
Gross Dividends - Common Stock	-	-	-	-
Net Income after Stock Based Comp. Expense	-	-	-	-
Basic EPS after Stock Based Comp. Expense	-	-	-	-
Diluted EPS after Stock Based Comp. Expense	-	-	-	-
Depreciation, Supplemental	-	-	-	-
Total Special Items	-	-	-	-
Normalized Income Before Taxes	-	-	-	-
Effect of Special Items on Income Taxes	-	-	-	-
Income Taxes Ex. Impact of Special Items	-	-	-	-
Normalized Income After Taxes	-	-	-	-
Normalized Income Avail to Common	-	-	-	-
Basic Normalized EPS	-	-	-	-
Diluted Normalized EPS	1.63	0.06	0.84	-0.20

In Millions of USD (except for per share items)	As of 2013-03-31	As of 2012-12-31	As of 2012-09-30	As of 2012-06-30	As of 2012-03-31
Cash & Equivalents	569.00	606.00	554.00	454.00	606.00
Short Term Investments	-	-	-	-	-
Cash and Short Term Investments	569.00	606.00	554.00	454.00	606.00
Accounts Receivable - Trade, Net	591.00	553.00	640.00	638.00	555.00
Receivables - Other	-	-	-	-	-
Total Receivables, Net	591.00	553.00	640.00	638.00	555.00
Total Inventory	-	-	-	-	-
Prepaid Expenses	189.00	174.00	181.00	-	-
Other Current Assets, Total	522.00	377.00	551.00	674.00	560.00
Total Current Assets	1,871.00	1,710.00	1,926.00	1,766.00	1,721.00
Property/Plant/Equipment, Total - Gross	11,464.00	10,619.00	11,666.00	12,652.00	10,696.00
Accumulated Depreciation, Total	-1,302.00	-1,345.00	-1,323.00	-1,380.00	-1,279.00
Goodwill, Net	646.00	375.00	348.00	344.00	359.00
Intangibles, Net	910.00	731.00	708.00	707.00	724.00
Long Term Investments	362.00	362.00	362.00	361.00	354.00
Other Long Term Assets, Total	1,760.00	1,798.00	1,615.00	839.00	862.00
Total Assets	16,557.00	15,218.00	16,376.00	15,983.00	14,187.00
Accounts Payable	344.00	309.00	360.00	338.00	320.00
Accrued Expenses	501.00	428.00	512.00	470.00	417.00
Notes Payable/Short Term Debt	0.00	0.00	0.00	0.00	0.00
Current Port. of LT Debt/Capital Leases	29.00	57.00	81.00	39.00	227.00
Other Current liabilities, Total	701.00	684.00	704.00	748.00	706.00
Total Current Liabilities	1,575.00	1,478.00	1,657.00	1,595.00	1,670.00
Long Term Debt	10,780.00	9,654.00	10,761.00	11,267.00	9,525.00
Capital Lease Obligations	-	-	-	-	-
Total Long Term Debt	10,780.00	9,654.00	10,761.00	11,267.00	9,525.00
Total Debt	10,809.00	9,711.00	10,842.00	11,306.00	9,752.00
Deferred Income Tax	2,126.00	2,163.00	2,017.00	1,068.00	1,065.00
Minority Interest	-	-	-	-	-
Other Liabilities, Total	1,382.00	1,166.00	1,150.00	1,575.00	1,492.00
Total Liabilities	15,863.00	14,461.00	15,585.00	15,505.00	13,752.00
Redeemable Preferred Stock, Total	-	-	-	-	-
Preferred Stock - Non Redeemable, Net	0.00	0.00	0.00	0.00	0.00
Common Stock, Total	1.00	1.00	1.00	1.00	1.00
Additional Paid-In Capital	7,966.00	8,211.00	8,232.00	8,242.00	8,321.00
Retained Earnings (Accumulated Deficit)	-2,422.00	-2,376.00	-2,330.00	-2,610.00	-2,689.00
Treasury Stock - Common	-4,938.00	-5,189.00	-5,215.00	-5,230.00	-5,320.00
Other Equity, Total	85.00	-	103.00	77.00	126.00
Total Equity	694.00	757.00	791.00	478.00	435.00
Total Liabilities & Shareholders' Equity	16,557.00	15,218.00	16,376.00	15,983.00	14,187.00
Shares Outs - Common Stock Primary Issue	-	-	-	-	-
Total Common Shares Outstanding	108.14	107.05	106.88	106.79	106.27

In Millions of USD (except for per share items)	As of 2012-12-31	As of 2011-12-31	As of 2010-12-31	As of 2009-12-31
Cash & Equivalents	606.00	534.00	911.00	482.00
Short Term Investments	-	-	-	-
Cash and Short Term Investments	606.00	534.00	911.00	482.00
Accounts Receivable - Trade, Net	553.00	507.00	315.00	290.00
Receivables - Other	-	-	-	-
Total Receivables, Net	661.00	599.00	343.00	949.00
Total Inventory	-	-	-	-
Prepaid Expenses	174.00	179.00	140.00	127.00
Other Current Assets, Total	269.00	229.00	244.00	172.00
Total Current Assets	1,710.00	1,541.00	1,638.00	1,730.00
Property/Plant/Equipment, Total - Gross	10,692.00	9,656.00	7,493.00	7,011.00
Accumulated Depreciation, Total	-889.00	-807.00	-646.00	-602.00
Goodwill, Net	375.00	353.00	76.00	76.00
Intangibles, Net	731.00	713.00	481.00	478.00
Long Term Investments	362.00	343.00	290.00	228.00
Other Long Term Assets, Total	1,798.00	759.00	846.00	1,002.00
Total Assets	15,218.00	12,938.00	10,327.00	10,093.00
Accounts Payable	309.00	312.00	209.00	151.00
Accrued Expenses	346.00	373.00	236.00	304.00
Notes Payable/Short Term Debt	0.00	0.00	0.00	0.00
Current Port. of LT Debt/Capital Leases	57.00	37.00	8.00	12.00
Other Current liabilities, Total	766.00	748.00	480.00	817.00
Total Current Liabilities	1,478.00	1,470.00	933.00	1,284.00
Long Term Debt	9,654.00	8,732.00	7,009.00	6,493.00
Capital Lease Obligations	-	-	-	-
Total Long Term Debt	9,654.00	8,732.00	7,009.00	6,493.00
Total Debt	9,711.00	8,769.00	7,017.00	6,505.00
Deferred Income Tax	2,163.00	982.00	1,333.00	1,267.00
Minority Interest	-	-	-	-
Other Liabilities, Total	1,166.00	1,342.00	642.00	827.00
Total Liabilities	14,461.00	12,526.00	9,917.00	9,871.00
Redeemable Preferred Stock, Total	-	-	-	-
Preferred Stock - Non Redeemable, Net	-	-	-	-
Common Stock, Total	1.00	1.00	1.00	1.00
Additional Paid-In Capital	8,211.00	8,532.00	8,828.00	9,098.00
Retained Earnings (Accumulated Deficit)	-2,376.00	-2,666.00	-2,637.00	-2,691.00
Treasury Stock - Common	-5,189.00	-5,533.00	-5,874.00	-6,149.00
Other Equity, Total	110.00	78.00	92.00	-37.00
Total Equity	757.00	412.00	410.00	222.00
Total Liabilities & Shareholders' Equity	15,218.00	12,938.00	10,327.00	10,093.00
Shares Outs - Common Stock Primary Issue	-	-	-	-
Total Common Shares Outstanding	107.05	105.48	103.73	102.32

In Millions of USD (except for per share items)	3 months ending 2013-03-31	12 months ending 2012-12-31	9 months ending 2012-09-30	6 months ending 2012-06-30	3 months ending 2012-03-31
Net Income/Starting Line	-46.00	290.00	336.00	56.00	-23.00
Depreciation/Depletion	387.00	125.00	1,192.00	756.00	363.00
Amortization	-	-	-	-	-
Deferred Taxes	-	128.00	-	-	-
Non-Cash Items	11.00	1,398.00	-64.00	-68.00	-23.00
Changes in Working Capital	-52.00	-52.00	60.00	-22.00	-64.00
Cash from Operating Activities	300.00	1,889.00	1,524.00	722.00	253.00
Capital Expenditures	-3,608.00	-11,199.00	-9,044.00	-6,987.00	-3,073.00
Other Investing Cash Flow Items, Total	2,400.00	9,126.00	6,032.00	4,022.00	2,106.00
Cash from Investing Activities	-1,208.00	-2,073.00	-3,012.00	-2,965.00	-967.00
Financing Cash Flow Items	-25.00	-29.00	-28.00	-20.00	-15.00
Total Cash Dividends Paid	-	-	-	-	-
Issuance (Retirement) of Stock, Net	9.00	-	12.00	12.00	6.00
Issuance (Retirement) of Debt, Net	889.00	279.00	1,519.00	2,170.00	792.00
Cash from Financing Activities	873.00	250.00	1,503.00	2,162.00	783.00
Foreign Exchange Effects	-2.00	6.00	5.00	1.00	3.00
Net Change in Cash	-37.00	72.00	20.00	-80.00	72.00
Cash Interest Paid, Supplemental	-	552.00	-	-	-
Cash Taxes Paid, Supplemental	-	65.00	-	-	-

In Millions of USD (except for per share items)	12 months ending 2012-12-31	12 months ending 2011-12-31	12 months ending 2010-12-31	12 months ending 2009-12-31
Net Income/Starting Line	290.00	-29.00	54.00	-47.00
Depreciation/Depletion	125.00	95.00	90.00	96.00
Amortization	-	-	-	-
Deferred Taxes	128.00	32.00	-20.00	-60.00
Non-Cash Items	1,398.00	1,356.00	1,456.00	1,394.00
Changes in Working Capital	-52.00	124.00	60.00	108.00
Cash from Operating Activities	1,889.00	1,578.00	1,640.00	1,491.00
Capital Expenditures	-11,199.00	-8,724.00	-8,092.00	-6,814.00
Other Investing Cash Flow Items, Total	9,126.00	6,351.00	6,489.00	6,980.00
Cash from Investing Activities	-2,073.00	-2,373.00	-1,603.00	166.00
Financing Cash Flow Items	-29.00	-110.00	-71.00	-72.00
Total Cash Dividends Paid	-	-	-	-
Issuance (Retirement) of Stock, Net	-	-	0.00	0.00
Issuance (Retirement) of Debt, Net	279.00	534.00	451.00	-1,393.00
Cash from Financing Activities	250.00	424.00	380.00	-1,465.00
Foreign Exchange Effects	6.00	-6.00	12.00	32.00
Net Change in Cash	72.00	-377.00	429.00	224.00
Cash Interest Paid, Supplemental	552.00	465.00	483.00	461.00
Cash Taxes Paid, Supplemental	65.00	51.00	142.00	20.00