On Jan. 26, GM
- Excluding special items, GM reported a loss of $2.09 per diluted share for Q4 2005, compared with earnings of $1.28 per share a year ago.
- For Q4 2005, GM's automotive operations had an adjusted loss of $1.5 billion, compared with earnings of $268 million a year ago.
- GM hopes to save about $3 billion annually as a result of its agreement with the United Auto Workers union.
(Figures in millions, except per-share data)
Income Statement Highlights
Avg. Est. |
Q4 2005 |
Q4 2004 |
% Change |
|
---|---|---|---|---|
Sales |
$41,700 |
$51,180 |
$51,428 |
-0.5% |
Net Profit |
-- |
$(4,777) |
$(99) |
N/A |
EPS |
$(0.15) |
$(8.45) |
$(0.18) |
N/A |
Get back to basics with a look at the income statement.
Margin Checkup
Q4 2005 |
Q4 2004 |
Change |
|
---|---|---|---|
Gross Margin |
6.35% |
14.58% |
-8.23% |
Op. Margin |
-5.81% |
3.16% |
-8.98% |
Net Margin |
-9.33% |
-0.19% |
-9.14% |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
Assets |
Q4 2005 |
Q4 2004 |
% Change |
---|---|---|---|
Cash+ ST Invest. |
$50,610 |
$57,730 |
-12.3% |
Inventory |
$14,372 |
$12,247 |
+17.4% |
Accounts Rec. |
$15,420 |
$21,236 |
-27.4% |
Liabilities |
Q4 2005 |
Q4 2004 |
% Change |
---|---|---|---|
Notes/loans payable |
$285,750 |
$300,279 |
-4.8% |
Accounts Pay. |
$29,913 |
$28,830 |
+3.8% |
Related companies:
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Ford
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DaimlerChrysler
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Toyota
Motor
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TRW
Automotive Holdings
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Navistar International
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Related Foolishness:
- Will GM Keep Sputtering?
- Foolish Fundamentals: Return on Invested Capital
- Foolish Fundamentals: The Income Statement
Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check Fool.com for more of our in-depth discussion of what the numbers mean.
At the time of publication, John Reeves did not own shares in any of the companies mentioned. Fool rules are here.