BRIEF-GM Q4 adjusted earnings per share $0.67

Thu, 06 Feb - 10:36pm

Feb 6 (Reuters) - GM GM.N :

* Q4 net income $900 million or 57 cents per share; Q4 adjusted earnings per

share $0.67; Q4 revenue $40.5 billion

* Q4 earnings per share view $0.88, revenue view $41.08 billion -- Thomson

Reuters I/B/E/S

* Says one-time charges in Q4 2013 amounted to $200 million, or 10 cents per

share

* Says Q4 2013 special items include $700 million charge on chevrolet brand

exit in Europe, $500 million loss due to closing manufacturing operations in

Australia

* Says one-time charges in Q4 2013 offset by favorable tax settlement, stake

sale in ally financial

* Says Q4 2013 EBIT-adjusted profit $1.9 billion, up from $1.2 billion in Q4

2012

* Says automotive net cash flow from operating activities $2.8 billion in

quarter, up from $500 million year-ago

* Says adjusted automotive free cash flow in Q4 2013 flat at $1.1 billion

* Says Q4 2013 profit in north america $1.88 billion versus $1.14 billion

year-ago

* Says reports loss of $345 million in europe in Q4 2013 versus loss of $761

million year-ago

* Says earns $208 million in international operations in Q4 2013 versus profit

of $676 million year-ago

* Says earned $400 million in china in Q4 2013, lost $200 million in

international operations ex-China

* Says reports profit of $27 million in south america in Q4 2013 versus $135

million in Q4 2012

* Says full-year 2013 revenue up 2 percent to $155.4 billion; 2013 net income

fell 22.4 percent to $3.8 billion

* Says GM Financial reports profit of $225 million in Q4 2013 versus $146

million year-ago

* Says ended 2013 with total automotive liquidity of $38.3 billion, up from

$37.2 billion at end of 2012

* Says cut underfunded position of U.S. pension plans by almost half at

2013-end

* Says expects 2014 capital expenditures to be about $7.5 billion, matching

2013 level

* Says to pay profit-sharing bonus of up to $7,500 to each of 48,500 U.S.

hourly workers

* Source text: Href="Link">http://r.reuters.com/qep66v

* Further company coverage GM.N

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