AutoNation (AN)

Cash and Cash Equivalents

Revolving Line of Credit (as limited by applicable covenants)⁽¹⁾

Secured Used Floorplan Facilities⁽²⁾

Under our amended credit agreement, we have a $700.0 million revolving credit facility. The amount available to be borrowed under the revolving credit facility is reduced on a dollar-for-dollar basis by the cumulative amount of any outstanding letters of credit, which totaled $64.7 million at December 31, 2009, and $72.4 million at December 31, 2008. The amounts included in the table above reflect our borrowing capacity as limited under the maximum consolidated leverage ratio contained in our amended credit agreement. For additional information regarding our amended credit agreement, please refer to “Notes Payable and Long-Term Debt—Senior Unsecured Notes and Amended Credit Agreement” below.

We maintain secured used floorplan facilities primarily collateralized by used vehicle inventories and related receivables. At December 31, 2009, the aggregate capacity under these facilities was $170.0 million. As of that date, $80.8 million had been borrowed under these facilities. The remaining borrowing capacity under these facilities of $89.2 million was limited to $53.1 million based on the eligible used vehicle inventory that could have been pledged as collateral.