2003 Annual Report Financial Highlights

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2003 Annual Report Financial Highlights

  1. 1. Financial Highlights (Dollars in millions, except per share amounts) Years ended December 31, 2003 2002 2001 Total net sales and revenues $185,524 $177,324 $169,051 Worldwide wholesale sales (units in thousands) 8,098 8,411 8,073 Income from continuing operations $÷÷2,862 $÷÷1,975 $÷÷1,222 (Loss) from discontinued operations $÷÷÷(219) $÷÷÷(239) $÷÷÷(621) Gain on sale of discontinued operations $÷÷1,179 – – Net income $÷÷3,822 $÷÷1,736 $÷÷÷«601 Net profit margin from continuing operations 1.5% 1.1% 0.7% Diluted earnings per share attributable to $1-2/3 par value common stock Continuing operations $÷÷÷5.03 $÷÷÷3.51 $÷÷÷2.20 Net income $÷÷÷7.14 $÷÷÷3.35 $÷÷÷1.77 Income adjusted to exclude Hughes Electronics and special items (1) Income $÷÷3,197 $÷÷3,924 $÷÷2,000 Diluted earnings per share attributable to $1-2/3 par value common stock $÷÷÷5.62 $÷÷÷6.98 $÷÷÷3.60 Book value per share of $1-2/3 par value common stock $÷÷44.96 $÷÷÷9.06 $÷÷24.81 Number of $1-2/3 par value common stock shares outstanding as of December 31 (in millions) 562 560 558 (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 Net Profit Margin Earnings per Share and Revenues from Continuing from Continuing from Continuing billions Operations Operations Operations billions percent dollars $185.5 $2.9 1.5% $5.03 $177.3 $169.1 1.1% $2.0 $3.51 0.7% $1.2 $2.20 2003 2002 2001 2003 2002 2001 2003 2002 2001 2003 2002 2001 Net sales and Income from Net profit margin Earnings per share revenues were continuing from continuing from continuing $185.5 billion, operations was operations operations up 4.6%. $2.9 billion, was 1.5%, up increased to up $0.9 billion. from 1.1% $5.03 from $3.51. 4 General Motors Corporation

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