Summary - Funding Rounds

Founding Date

1992
General Motors Financial is a subsidiary of General Motors

General Motors Financial Income Statement

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

6.5b9.6b12.2b14.0b

Revenue growth, %

48%

Sales and marketing expense

726.0m853.0m845.0m

Operating expense total

1.3b1.5b1.4b12.3b

Interest expense

1.6b2.1b2.6b3.2b

Pre tax profit

837.0m913.0m1.2b1.9b

Income tax expense

191.0m159.0m111.0m323.0m

Net Income

566.0m537.0m646.0m754.0m661.0m1.6b

Quarterly

USDQ4, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q3, 2017Q1, 2018Q2, 2018

Revenue

1.1b1.1b1.2b1.3b1.4b1.5b1.7b2.1b2.3b2.5b2.9b3.2b3.4b3.5b

Sales and marketing expense

136.0m154.0m158.0m165.0m181.0m185.0m193.0m203.0m223.0m229.0m224.0m221.0m223.0m

Operating expense total

269.0m280.0m297.0m165.0m181.0m320.0m193.0m203.0m392.0m229.0m346.0m365.0m382.0m

Interest expense

315.0m354.0m368.0m380.0m391.0m412.0m463.0m501.0m541.0m619.0m672.0m732.0m803.0m

Pre tax profit

210.0m222.0m265.0m208.0m214.0m225.0m231.0m225.0m266.0m228.0m260.0m310.0m443.0m536.0m

Income tax expense

77.0m90.0m50.0m64.0m39.0m52.0m61.0m77.0m81.0m58.0m124.0m74.0m94.0m

Net Income

121.0m145.0m175.0m158.0m150.0m186.0m179.0m164.0m189.0m147.0m202.0m202.0m369.0m442.0m

General Motors Financial Balance Sheet

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

1.1b3.0b3.1b3.2b4.3b4.9b

PP&E

132.0m

Goodwill

1.2b1.2b1.2b1.2b1.2b1.2b

Total Assets

38.0b47.7b65.9b87.8b97.0b109.9b

Accounts Payable

946.0m1.0b1.2b1.5b1.6b1.9b

Total Liabilities

57.9b79.1b86.7b98.3b

Additional Paid-in Capital

4.8b5.8b6.5b6.5b7.5b8.1b

Retained Earnings

1.5b2.0b2.7b3.4b3.5b4.7b

Total Equity

6.3b7.4b10.3b11.7b

Financial Leverage

6 x6.5 x9.4 x9.4 x

Quarterly

USDQ4, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q3, 2017Q1, 2018Q2, 2018

Cash

1.1b1.2b1.4b1.5b2.1b2.1b1.6b2.9b3.1b2.6b2.7b4.0b4.2b4.0b

PP&E

132.0m133.0m150.0m165.0m207.0m253.0m

Goodwill

1.2b1.2b1.2b1.2b1.2b1.2b1.2b1.2b1.2b1.2b1.2b1.2b1.2b1.2b

Total Assets

38.0b39.9b42.4b43.6b49.3b55.3b59.5b72.8b77.6b82.1b94.5b106.1b101.0b102.6b

Accounts Payable

946.0m933.0m984.0m990.0m970.0m1.1b1.1b1.2b1.5b1.4b1.5b

Total Liabilities

31.7b33.5b35.7b37.0b52.1b73.5b95.7b90.3b91.6b

Additional Paid-in Capital

4.8b4.8b4.8b4.8b5.8b5.8b5.8b6.5b6.5b6.5b6.5b7.5b7.5b7.6b

Retained Earnings

1.5b1.6b1.8b2.0b2.2b2.4b2.5b2.8b3.0b3.2b3.6b3.9b3.9b4.4b

Total Equity

6.3b6.4b6.7b6.6b7.2b10.5b10.7b11.0b

Financial Leverage

6 x6.2 x6.4 x6.6 x6.9 x10.1 x9.4 x9.3 x

General Motors Financial Cash Flow

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

566.0m537.0m646.0m754.0m1.1b

Depreciation and Amortization

545.0m992.0m2.4b4.8b6.7b7.7b

Accounts Payable

195.0m133.0m282.0m214.0m153.0m262.0m

Cash From Operating Activities

1.4b1.6b2.4b4.9b6.8b7.4b

Purchases of PP&E

(52.0m)(90.0m)(107.0m)(94.0m)(60.0m)

Cash From Investing Activities

(10.5b)(22.3b)(24.8b)(21.9b)(17.5b)

Dividends Paid

(550.0m)(434.0m)

Cash From Financing Activities

10.8b20.1b20.2b16.3b11.1b

Quarterly

USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q3, 2017Q1, 2018Q2, 2018

Net Income

150.0m186.0m179.0m164.0m189.0m147.0m202.0m

Accounts Payable

970.0m1.1b1.1b1.2b1.5b1.4b1.5b

Cash From Operating Activities

465.0m904.0m1.4b2.2b3.9b5.0b1.7b3.6b

Purchases of PP&E

(7.0m)(15.0m)(37.0m)(64.0m)(71.0m)

Cash From Investing Activities

(16.4b)(18.5b)(18.1b)(3.6b)(7.9b)

Dividends Paid

(30.0m)(30.0m)

Cash From Financing Activities

13.0b14.1b14.7b2.8b4.5b