General Motors 2010 Annual Report Download - page 283

GENERAL MOTORS COMPANY AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
Predecessor
GMNA GME GMIO GMSA Corporate Eliminations
Total
Automotive
For the Year Ended December 31, 2008
Sales
External customers .......................... $82,938 $32,440 $18,181 $14,173 $ — $ — $147,732
Intersegment ............................... 3,249 2,207 5,869 308 — (11,633) —
Other revenue .............................. ———411,206 — 1,247
Total net sales and revenue ..................... $86,187 $34,647 $24,050 $14,522 $ 1,206 $(11,633) $148,979
Income (loss) before interest and income taxes ...... $(12,203) $ (2,625) $ (555) $ 1,076 $(13,041) $ 41 $ (27,307)
Interest income ............................... 655 655
Interest expense .............................. 2,525 2,525
Income tax expense ........................... 1,766 1,766
Net income (loss) attributable to stockholders ...... $(16,677) $ (30,943)
Expenditures for property ...................... $ 4,242 $ 1,345 $ 1,063 $ 343 $ 537 $ — $ 7,530
Depreciation, amortization and impairment of long-
lived assets and finite-lived intangible assets ..... $ 5,910 $ 2,353 $ 700 $ 243 $ 808 $ — $ 10,014
Equity in income (loss) of and disposition of interest
in Ally Financial ........................... $ — $ — $ — $ — $ (6,183) $ — $ (6,183)
Equity income (loss), net of tax .................. $ (201) $ 31 $ 354 $ — $ 2 $ — $ 186
Significant noncash charges (gains)
Impairment charges related to investment in Ally
Financial Common Membership Interests ...... $ — $ — $ — $ — $ 7,099 $ — $ 7,099
Impairment charges related to investment in Ally
Financial Preferred Membership Interests ...... ————1,001 — 1,001
Impairment charges related to equipment on
operating leases .......................... 380 222 — — 157 — 759
Impairment charges related to investments in
NUMMI and CAMI ....................... 119——— — — 119
Other than temporary impairment charges related
to debt and equity securities ................ 47——— 15 — 62
Impairment charges related to goodwill ......... 154 456 — — — — 610
Impairment charges related to long-lived assets . . . 411 497 94 8 — — 1,010
Net curtailment gain related to finalization of
Settlement Agreement ..................... (4,901) — — — — — (4,901)
Salaried post-65 healthcare settlement .......... 1,704——— — —1,704
CAW settlement ............................ 340——— — — 340
Valuation allowances against deferred tax
assets (a) ................................ ————1,450 — 1,450
Total significant noncash charges (gains) .......... $ (1,746) $ 1,175 $ 94 $ 8 $ 9,722 $ — $ 9,253
(a) Amounts exclude changes related to income tax expense (benefit) in jurisdictions with a full valuation allowance throughout the
period.
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