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Tuesday, December 10, 2013

General Motors

Exhibit 1 General Motors Company and Subsidiaries Supplemental animate (Unaudited) The accompanying tables and charts for securities analysts include earnings before interest and taxes modify for special items (EBIT-adjusted) and self-propelling free cash flow which ar non prep ard in accordance with Accounting Principles for the most part Accepted in the United States of America (U.S. GAAP) and have not been audited or reviewed by GMs independent auditors. EBIT-adjusted and automotive free cash flow be adopted non-GAAP monetary measures. wariness believes these non-GAAP pecuniary measures provide meaningful supplemental cultivation regarding GMs direct results because they exclude amounts that management does not consider part of operating results when assessing and measuring the operational and financial process of the organization. Management believes these measures allow it to readily view operating trends, suffice analytical comparisons and benchmark perform ance between periods and among geographical regions. Accordingly, GM believes these non-GAAP financial measures are utile in allowing for greater transparency of GMs core operations and they are so used by management in its financial and operational decision-making.
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While management believes that these non-GAAP financial measures provide useful information, they are not operating measures under U.S. GAAP, and there are limitations associated with their use. GMs calculation of these non-GAAP financial measures may not be completely comparable to similarly titled measures of different companies out-of-pocket to p otential differences between companies in th! eir method of calculation. As a result, the use of these non-GAAP financial measures has limitations and should not be considered in isolation from, or as a substitute for, different measures much(prenominal) as Net income (loss) or Net income (loss) attributable to oil stockholders. Due to these limitations, these non-GAAP financial measures are used as a supplement to...If you want to get a full es submit, say it on our website: OrderCustomPaper.com

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