1. FINANCIAL HIGHLIGHTS
(Dollars in millions, except per share amounts) Years ended December 31, 2005 2004 2003
Total net sales and revenues $192,604 $193,517 $185,837
Worldwide production (units in thousands) 9,051 9,098 8,246
Income (loss) from continuing operations $«(10,458) $÷÷2,804 $÷÷2,899
(Loss) from discontinued operations – – $÷÷÷(219)
Gain on sale of discontinued operations – – $÷÷1,179
Cumulative effect of accounting change (109) – –
Net income (loss) $«(10,567) $÷÷2,804 $÷÷3,859
Net profit margin from continuing operations (5.4) % 1.4% 1.6%
Diluted earnings (loss) per share attributable to $1-2/3 par value common stock
Continuing operations $÷«(18.50) $÷÷÷4.94 $÷÷÷5.09
Net income $÷«(18.69) $÷÷÷4.94 $÷÷÷7.20
Income adjusted to exclude Hughes Electronics and special items (1)
Income (loss) $÷«(3,354) $÷÷3,629 $÷÷3,234
Diluted earnings (loss) per share attributable to $1-2/3 par value common stock $÷÷«(5.93) $÷÷÷6.40 $÷÷÷5.69
Book value per share of $1-2/3 par value common stock $÷÷25.81 $÷÷48.41 $÷÷44.31
Number of $1-2/3 par value common stock shares outstanding
as of December 31 (in millions) 565 565 562
(1) A reconciliation of adjusted amounts to amounts determined in accordance with accounting principles generally accepted in the United States may be found at
www.gm.com/company/investor_information/, Earnings Releases, Financial Highlights.
Net Sales Income (Loss) from Net Profit Margin from Earnings (Loss) per Share
and Revenues Continuing Operations Continuing Operations from Continuing Operations
billions billions percent dollars
$192.6 $193.5
$185.8
$2.8 $2.9 1.4% 1.6% $4.94 $5.09
05 04 03
$(10.5) (5.4)% $(18.50)
05 04 03 05 04 03 05 04 03
4 General Motors Corporation