Pasewark Financial Statement Analysis
Acct 3309
General Motors Corporation
General Information
1. Name or corporation: General Motors Corporation
2. Corporate headquarters located in: Detroit, Michigan
3. Fiscal years ends: December 31, 2007
4. Primary products or services of the corporation: Worldwide development, production, and marketing of cars, trucks, and parts.
5. Transfer Agent: GMAC LLC
Location of Transfer Agent: Detroit, Michigan
6. See Seasonality Chart
7. Trend of common stock over the last 2 years: Fairly constant. During 4th quarter high price stock increased and low stock price decreased.
8. Stock traded within a narrow range.
Internet Information
1. Internet address for General Motors Corporation: www.gm.com
2. Purpose of web site:
• Describe the corporation
• Publicize recent corporate events
• Advertise corporate products
• Identify the location of retail sales sites
• Publicize corporate citizenship
• Provide customer service information
• Provide product financing information
• Provide employment information
3. Information related to investors:
• Operating highlights
• Information relating to corporate governance
• Stock price information
• Press releases
• Annual reports
• SEC filings
• Proxy statements
• Investor relations contacts
Securities and Exchange Commission’s EDGAR Database
1. Latest Form 10-K: Filed February 29, 2008
2. SIC Code: 3711
3. CIK Number: 0000040730
Primary Financial Statements
Income Statement/ Growth in Revenue and Profits
1. Percentage of Revenue Growth = Current Year Revenue - Previous Year Revenue
Previous Year revenue
% Growth Revenue = 181,122 – 205,601 = - 11.9%
205,601
2. See Trend Analysis Charts
3. Explanation of the change in revenue from Management Discussion and Analysis Section of Annual Report pg. 48:
“In 2007, the global automotive industry...