ALLY FY 2008 Earnings Report — Ally Financial Inc. Revenue & Financial Results | Market Cap Arena

Ally Financial Inc.ALLY

FY 2008 Earnings

Reported February 26, 2009

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2008	Prior Q	FY 2007	QoQ Change	YoY Change
Revenue	$21.2B	—	$28.1B	—	-24.5%
Op. Income	$4.7B	—	-$1.8B	—	362.3%
Gross Margin	36.1%	—	37.7%	—	-1.7pp
Net Margin	8.8%	—	-8.3%	—	17.1pp
EPS (Diluted)	$4.53	—	$-9.41	—	148.1%
Free Cash Flow	$3.6B	—	-$15.8B	—	122.5%

Revenue Flow

Item	Amount
REVENUE	$21.2B
Cost of Revenue	$13.5B
GROSS PROFIT	$7.7B
R&D Expenses	$0
Selling & Marketing	$154M
General & Administrative	$4.1B
SG&A Expenses	$4.3B
Other Expenses	-$1.4B
Operating Expenses	$2.9B
Cost & Expenses	$16.5B
OPERATING INCOME	$4.7B
Interest Income	$18.1B
Interest Expense	$10.4B
Other Income/Expenses	$0
INCOME BEFORE TAX	$4.7B
Income Tax Expense	-$136M
Net Income from Continuing Ops	$4.9B
Net Income from Discontinued Ops	-$3.0B
Other Adjustments	$0
NET INCOME	$1.9B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.9B
D&A	$9.0B
EBIT	$4.7B
EBITDA	$13.7B
EPS	$5
EPS Diluted	$5

Income Statement

Item	Amount
REVENUE	$21.2B
Cost of Revenue	$13.5B
GROSS PROFIT	$7.7B
R&D Expenses	$0
Selling & Marketing	$154M
General & Administrative	$4.1B
SG&A Expenses	$4.3B
Other Expenses	-$1.4B
Operating Expenses	$2.9B
Cost & Expenses	$16.5B
OPERATING INCOME	$4.7B
Interest Income	$18.1B
Interest Expense	$10.4B
Other Income/Expenses	$0
INCOME BEFORE TAX	$4.7B
Income Tax Expense	-$136M
Net Income from Continuing Ops	$4.9B
Net Income from Discontinued Ops	-$3.0B
Other Adjustments	$0
NET INCOME	$1.9B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.9B
D&A	$9.0B
EBIT	$4.7B
EBITDA	$13.7B
EPS	$5
EPS Diluted	$5

Cash Flow Statement

Item	Amount
Net Income	$1.9B
Depreciation & Amortization	$9.0B
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	$4.7B
Change in Working Capital	-$1.4B
OPERATING CASH FLOW	$14.1B
Capital Expenditure	-$10.5B
Acquisitions (Net)	$319M
Purchases of Investments	-$16.2B
Sales/Maturities of Investments	$21.6B
Other Investing Activities	$15.8B
NET CASH FROM INVESTING	$10.9B
Net Debt Issuance	-$37.7B
Common Stock Repurchased	$0
Common Dividends Paid	-$113M
Other Financing Activities	$4.7B
NET CASH FROM FINANCING	-$28.2B
FREE CASH FLOW	$3.6B
Net Change in Cash	-$2.5B

Balance Sheet

Item	Amount
Cash & Equivalents	$18.3B
Short-Term Investments	$7.4B
Net Receivables	$2.9B
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$31.2B
PP&E (Net)	$26.8B
Goodwill	$1.4B
Intangible Assets	$2.8B
Long-Term Investments	$115.7B
Tax Assets	$0
Other Non-Current Assets	$11.6B
TOTAL NON-CURRENT ASSETS	$158.3B
TOTAL ASSETS	$189.5B
Account Payables	$4.1B
Short-Term Debt	$10.4B
Deferred Revenue	$0
Other Current Liabilities	$19.8B
TOTAL CURRENT LIABILITIES	$34.3B
Long-Term Debt	$116.7B
Deferred Revenue NC	$602M
Deferred Tax Liabilities	$558M
Other Non-Current Liabilities	$15.4B
TOTAL NON-CURRENT LIABILITIES	$133.3B
TOTAL LIABILITIES	$167.6B
Common Stock	$9.7B
Additional Paid-In Capital	$0
Retained Earnings	$6.3B
Treasury Stock	$0
Accum. Other Comp. Income	-$389M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$21.9B
Minority Interest	$0
TOTAL EQUITY	$21.9B
TOTAL LIABILITIES & EQUITY	$189.5B
Total Debt	$127.1B
Net Debt	$108.8B