General Motors reported total net sales and revenues of $193.5 billion for 2004, up 4.1% from 2003. Income from continuing operations was $2.8 billion, down slightly from $2.9 billion in 2003. Diluted earnings per share from continuing operations decreased to $4.95 from $5.03. Key financial metrics such as net sales, income from continuing operations, net profit margin, and earnings per share are shown for 2004, 2003, and 2002.

1. Financial Highlights
(Dollars in millions, except per share amounts) Years ended December 31, 2004 2003 2002
Total net sales and revenues $193,517 $185,837 $177,867
Worldwide wholesale sales (units in thousands) 8,241 8,098 8,411
Income from continuing operations $÷÷2,805 $÷÷2,862 $÷÷1,975
(Loss) from discontinued operations – $÷÷÷(219) $÷÷÷(239)
Gain on sale of discontinued operations – $÷÷1,179 –
Net income $÷÷2,805 $÷÷3,822 $÷÷1,736
Net profit margin from continuing operations 1.4% 1.5% 1.1%
Diluted earnings per share attributable to $1-2/3 par value common stock
Continuing operations $÷÷÷4.95 $÷÷÷5.03 $÷÷÷3.51
Net income $÷÷÷4.95 $÷÷÷7.14 $÷÷÷3.35
Income adjusted to exclude Hughes Electronics and special items (1)
Income $÷÷3,630 $÷÷3,197 $÷÷3,924
Diluted earnings per share attributable to $1-2/3 par value common stock $÷÷÷6.40 $÷÷÷5.62 $÷÷÷6.98
Book value per share of $1-2/3 par value common stock $÷÷49.06 $÷÷44.96 $÷÷÷9.06
Number of $1-2/3 par value common stock shares outstanding
as of December 31 (in millions) 565 562 560
(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 from Net Profit Margin from Earnings per Share from
and Revenues Continuing Operations Continuing Operations Continuing Operations
billions billions percent dollars
$193.5 $2.9 1.5% $4.95 $5.03
$185.8 $2.8
$177.9 1.4%
1.1%
$2.0 $3.51
04 03 02 04 03 02 04 03 02 04 03 02
Net sales and revenues Income from continuing Net profit margin from Earnings per share from
were $193.5 billion, operations was $2.8 billion, continuing operations was continuing operations
up 4.1%. down $0.1 billion. 1.4%, down from 1.5%. decreased to $4.95
from $5.03.
2 General Motors Corporation