Gross revenues from rentals and services rendered
Unidas’ revenues are derived from the rendering of corporate fleet rental, corporate fleet management and car rental services and payments under its franchising activities.
In relation to corporate fleet rental, revenues are derived from long term rentals to corporate clients.
In the car rental business, revenues are derived from the rental of cars to corporate and individual clients for leisure or business, including through travel agencies, from car replacements to insurance companies and from medium term rentals to corporate clients. Revenues from other services, including protection against damages, drivers and fees in general, are also considered.
Revenues from Unidas’ corporate fleet management activities are derived from payments by corporate clients for services rendered.
In relation to franchising, the Company’s revenues are derived from payments of initial franchising fees and royalties as a percentage of the revenues of the franchisees.
Sale of used cars
Sale of used cars reflects revenues resulting from the sale of cars previously used in Unidas’corporate fleet rental and car rental businesses.