Proyecciones financieras 2009-2014 gm

Appendix I 2009-2014 FINANCIAL PROJECTIONS

2009-2014 Financial Projections Summary
1 Tough industry conditions contribute to significant negative OCF of $(14.0)B in 2009 before improving to near breakeven by 2011 and to over $6.0B in 2012-14 (I2)

2

In the Baseline scenario, projecting U.S. TARP peak requirements of $22.5B in 2011 with pay-down by 2017 absent U.S. pension fundingrequirements (I3-I6)

3

Total funding requirements of $28.5B in 2011 including incremental funding for foreign operations (I5)
Foreign operations are working to obtain funding locally

4

Downside and Upside sensitivities to GM liquidity and funding also included (I7-I8)

I1

89

Baseline Global Cash Flow
2009 - 2014, Annual
($ Billions) Automotive Adjusted OCF Before Special ItemsSpecial Items* Automotive Adjusted OCF After Special Items GMAC Asset Carve-Out Cash Flows GMAC Distributions & Other GMAC Flows Adjusted Cash Flow After GMAC Related Flows VEBA Contributions Debt Financing / Maturities U.S. Government Funding U.S. Pension Funding Gov't Loan for GMAC Equity Rights Offering Section 136 Loans Other Non-Operating Cash Flows 2009 (14.0) (4.1) (18.1) 1.0 (0.8) (17.9) 2.312.0 0.9 2.0 (0.1) 2010 (3.8) (1.4) (5.1) 0.5 0.1 (4.5) (1.1) 1.7 2.0 2.0 (0.2) (0.0) 13.3 51.1 (37.8) 2011 (0.6) (0.5) (1.1) 1.4 0.3 (1.1) (5.3) 4.5 (0.9) 1.8 (0.0) (0.7) 12.6 51.2 (38.6) 2012 6.6 (0.3) 6.3 0.2 6.5 (1.1) (3.2) (3.0) 1.4 (0.0) 0.5 13.1 46.3 (33.2) 19.5 0.7 7.2 27.5 4.0 31.5 2013 6.5 (5.8) 0.7 0.2 0.9 (1.1) (3.6) (2.9) 5.9 0.5 (0.0) (0.4) 12.7 46.2 (33.5) 16.6 5.9 0.7 7.7 30.9 3.033.9 2014 6.4 (6.3) 0.2 0.2 0.3 (1.1) (2.7) (2.9) 6.4 (0.0) (0.0) (0.0) 12.7 47.0 (34.3) 13.7 12.3 0.7 7.6 34.4 1.5 35.9

(0.8) Net Cash Flow Memo: Cash Balance 13.3 Debt Balance 45.3 Net Liquidity (32.0) Memo: U.S. TARP Funding Support 16.0 U.S. Pension Funding U.S. Gov't GMAC Rights Offering Loan 0.9 U.S. Gov't Warrant Notes Payable 0.7 Section 136 Loan Principal 2.0 Total U.S. GovernmentFunding 19.6 Incremental Funding Requirements** 4.0 Total Funding Requirements 23.6 * Includes asset sales, cash restructuring costs and U.S. pension ** From foreign governments or other sources Note: Debt balances stated on a managerial basis

18.0 22.5 0.9 0.7 0.7 4.0 5.8 23.7 29.1 6.0 6.0 29.7 35.1 contributions

I2

Baseline Global Cash Flow
2009, Monthly
($ Billions) Special Items*Automotive Adjusted OCF After Special Items GMAC Asset Carve-Out Cash Flows GMAC Distributions & Other GMAC Flows Jan Feb (4.5) (0.7) (5.2) 0.1 Mar 0.2 (1.1) 1Q09 Apr May 0.5 (0.3) 0.2 0.1 0.3 (0.2) (0.0) 0.1 Jun (0.5) 0.7 0.2 0.1 0.3 (0.4) (0.0) (0.1) 2Q09 (0.2) (1.0) (1.2) 0.2 (1.0) 2.3 2.6 (0.0) 3.9 Jul (1.9) (0.4) (2.3) 0.1 0.1 (2.2) 1.5 0.3 (0.0) (0.3) Aug 1.1 (0.2) 0.9 0.1 1.0 (1.1) 0.3 (0.0) 0.2Sep 1.4 0.3 1.7 0.1 1.8 (0.1) (2.0) 0.3 (0.0) (0.0) 3Q09 0.5 (0.3) 0.2 0.3 0.1 0.6 0.3 (2.0) 1.0 (0.0) (0.2) Oct 0.2 (0.2) (0.0) 0.1 0.1 (0.2) 0.3 (0.0) 0.3 Nov (0.5) (0.3) (0.7) 0.1 (0.6) 0.0 0.3 (0.0) (0.2) Dec (0.7) (0.1) (0.8) 0.1 (0.7) (0.1) 0.3 (0.0) (0.4) 4Q09 (1.0) (0.6) (1.6) 0.3 (1.2) (0.2) 1.0 (0.0) (0.4) 2009 (14.0) (4.1) (18.1) 1.0 (0.8) (17.9) 2.3 12.0 0.9 2.0 (0.1) (0.8) 13.3 45.3(32.0) 16.0 0.9 0.7 2.0 19.6 4.0 23.6 Automotive Adjusted OCF Before Special Items (9.1) (0.4) (9.5) 0.1 (0.9) (13.3) (0.1) (2.2) (1.5)

(0.8) (15.6) (1.6) 0.1 0.2 (0.9) 0.1 -

Adjusted Cash Flow After GMAC Related Flows (10.3) (5.2) VEBA Contributions Debt Financing / Maturities U.S. Government Funding U.S. Pension Funding Gov't Loan for GMAC Equity Rights Offering Section 136 Loans OtherNon-Operating Cash Flows (0.3) 5.4 0.9 (0.0) 0.4 4.0 (0.0)

(0.8) (16.2) (1.5) (0.3) 2.0 0.0 (0.1) 11.4 0.9 (0.0) 2.9 2.6 (0.0) 3.9

(4.4) (0.7) 1.0 (4.1) Net Cash Flow Memo: Cash Balance 9.7 9.0 10.0 10.0 Debt Balance 52.2 56.7 58.4 58.4 Net Liquidity (42.5) (47.7) (48.4) (48.4) Memo: U.S. TARP Funding Support 9.4 13.4 15.4 15.4 U.S. Pension Funding U.S. Gov't GMAC Rights Offering Loan 0.9 0.9...