In: Accounting
Create a 1 page overview of the financial report for each of the 3 companies (Ford, GM and Fiat Chrysler) Please go to the websites and pull up the financial reports
Fiat Chrysler Automobiles
FCA posted another record performance in 2017, achieving ambitious financial targets. FCA have now reached or exceeded all key financial goals for the first four years of the current five-year plan while also adhering to the principles of sustainability that will help ensure a vibrant and responsible future for the Group. It improved Adjusted EBIT by 16 percent to €7.1 billion, with Group margin increasing to 6.4 percent from 5.5 percent in 2016. Each segments was profitable and showed improvement over the prior year. Adjusted net profit climbed 50 percent to €3.8 billion and Net profit nearly doubled to €3.5 billion. It also generated €1.6 billion in cash flows from industrial operating activities which contributed to Net industrial debt being reduced by almost half, to €2.4 billion at year-end. Worldwide combined shipments came in at 4.7 million units and net revenues were €111 billion, both in line with 2016.
FCA's Total current assets stood at €36,274 millions and total non current assets is €60025 millions.
Its current liabilities is €47269 millions and non current liabilities is €28043 millions.
Its net profit is €3510 millions. Its BEPS is €2.27 and DEPS is €2.24.
Auditor express its opinion as the financial statements gives true and fair view.
Worldwide combined shipments came in at 4.7 million units and net revenues were €111 billion, both in line with 2016.
FORD Motors
In 2017 Ford motors achieved its eighth consecutive year of solid earnings and positive operating-related cash flow. Its consistent profitability has enabled it to distribute more than $15 billion to its shareholders since 2012.
Financial highlights :-
Revenue | 145.7 |
Operating margin | 5.0% |
Operating Cash flows | 3.9 |
Net income attributable to Ford Motor Company | 7.6 |
Adjusted pre-tax profit | 8.4 |
FCA's Total current assets stood at $115,902 millions and total non current assets is $141906 millions.
Its current liabilities is $94,600 millions and non current liabilities is $128192 millions.
In auditors opinion, the consolidated financial statements referred to above present fairly, in all material respects, the financial position of the Company as of December 31, 2017. Also, the Company maintained, in all material respects, effective internal control over financial reporting as of December 31, 2017, based on criteria established in Internal Control - Integrated Framework (2013) issued by the COSO.
General Motors Company
GM Renaissance Center in Detroit, Michigan. |
|
Formerly |
General Motors Corporation |
---|---|
Type |
Public |
Traded as | NYSE: GM S&P 100 Component S&P 500 Component |
Industry | Automotive |
Predecessor | Motor Liquidation Company |
Founded | June 8, 2009; 9 years ago September 16, 1908; 109 years ago[1] (as the General Motors Corporation) |
Founders | William C. Durant Charles Stewart Mott Frederic L. Smith[citation needed] |
Headquarters | Detroit, Michigan, U.S. |
Number of locations |
396 facilities on six continents[2] |
Area served |
Worldwide (except Hong Kong, Macau, Cuba, Iran, North Korea, Somalia, Sudan, Syria, and Belize) |
Key people |
Mary T. Barra (Chairman and CEO)[3] Dan Ammann (President) Dhivya Suryadevara (CFO)[4] |
Products | Automobiles Automobile parts Commercial vehicles |
Production output |
9,600,000 vehicles (2017)[5] |
Services | Vehicle financing |
Revenue | US$145.588 billion (2017)[5] |
Operating income |
US$10.016 billion (2017)[5] |
Net income |
US$ -3.864 billion (2017)[5] |
Total assets | US$212.482 billion (2017)[5] |
Total equity | US$ 35.001 billion (2017)[5] |
Number of employees |
180,000 (December 2017) [5][2] |
Divisions | Buick Cadillac Chevrolet GMC |
Subsidiaries |
List[show] |
Website | www.gm.com |
Footnotes / references [6] |
The GM Renaissance Center in Detroit, Michigan.
General Motors Company commonly referred to as General Motors (GM), is an American multinational corporation headquartered in Detroit that designs, manufactures, markets, and distributes vehicles and vehicle parts, and sells financial services. With global headquarters in Detroit's Renaissance Center, GM manufactures cars and trucks in 35 countries.
GM stock has a topline or revenue of $145.59B for 2017. Net profit or loss currently stood at $-3.86B
General Motors Income Statement - Key Financial Ratios
PS Ratio (price sales ratio)
0.34
Operating Margin
4
Net Profit Margin
6.5
Dividend Yield
4.42%
Assets: GM total assets, which was at $212.48B for 2017.
Liabilities: The total liabilities for GM stock stand at $176.28B.