General Motors Company · NYSE:GM
General Motors — Q4 2017 Earnings Presentation
8 slides from General Motors's earnings presentation, Jan 16, 2018
Slide 1: Impact of Tax Reform: Significant Benefit for General Motors
IMPACT OF TAX REFORM TAX REFORM TO BE A SIGNIFICANT BENEFIT FOR GENERAL MOTORS Lower statutory corporate tax rate beginning 2018 Positive economic impact on long term cash tax position Deferred tax assets continue to reduce cash tax in the medium term Tax reform expected to be favorable for consumer
Slide 2: Delivered on Commitments for Fourth Straight Year
Enter Header 2017 commitment 2017E EBIT-adj.1 Approx. = 2016 Adjusted auto free cash flow2 Approx. $6B North America EBIT-adj. margins > 10% China Strong equity income South America Profitable U.S. Dealer inventory < 2016 Shareholder return Approx. $7B DELIVERED ON COMMITMENTS FOR FOURTH STRAIGHT YE
Slide 3: Information Relevant to This Presentation
INFORMATION RELEVANT TO THIS PRESENTATION Cautionary Note on Forward-Looking Statements: This presentation and related comments by management may include forward-looking statements. These statements are based on current expectations about possible future events and thus are inherently uncertain. Our
Slide 4: Use of Non-GAAP Financial Measures
USE OF NON - GAAP F INANCIAL MEASURES Non-GAAP Financial Measures: Unless otherwise indicated, our non-GAAP measures discussed in our Annual Report on Form 10-K for the fiscal year ended December 31, 2016, our subsequent filings with the Securities and Exchanged Commission and this presentation are
Slide 5: More Information
MORE INFORMATION GM’s Investor Relations website contains a significant amount of information about GM, including financial and other information for investors, GM encourages investors to visit our website, www.gm.com/investors, as information is updated and new information is posted. Important info
Slide 6: EPS-Diluted-Adjusted on a Consolidated Operations Basis
RECONCILIATION OF EPS-DILUTED-ADJUSTED ON A CONSOLIDATED OPERATIONS BASIS (FOR 2013-2016) AND ON A CONTINUING OPERATIONS BASIS (FOR 2016) 1Additional information on adjustments available in respective 10-K Note: Results may not sum due to rounding 2013 2014 2015 2016 Diluted earnings per common shar
Slide 7: EPS-Diluted-Adjusted
RECONCILIATION OF EPS-DILUTED-ADJUSTED ON A CONTINUING OPERATIONS BASIS 1Additional information on adjustments available in respective 10-Q filed on October 24, 2017 Note: Results may not sum due to rounding and are approximate and subject to change Year Ending December 31, 2017 Diluted earnings per
Slide 8: EBIT-Adjusted on a Consolidated Operations Basis
RECONCILIATION OF EBIT-ADJUSTED ON A CONSOLIDATED OPERATIONS BASIS (FOR 2014-2016) AND ON A CONTINUING OPERATIONS BASIS (FOR 2016) Note: Results may not sum due to rounding ($B) EBIT-Adjusted GMIO excluding China GMSA GMI 2014 (0.84) (0.18) (1.02) 2015 (0.66) (0.62) (1.28) 2016 (0.84) (0.37) (1.21)