valuacion de general motors usando un modelo de opciones reales

Valuación GM
Non-recurring Events
Discontinued
Operations
Extraordinary
Items
Effect Of
Accounting
Changes
- - - 805,000
- - - -
- - - -
Other Items - - - -
Net Income (2,542,000) (15,471,000) (3,251,000) -722
Preferred Stock And Other
Adjustments
Net Income Applicable To
Common Shares
- - - -
($2,542,000) ($15,471,000) ($3,251,000) $ -722,00
Cash Flow
PERIOD ENDING 30-Sep-08 30-Jun-08 31-Mar-08 31-Dec-07
Net Income (2,542,000) (15,471,000) (3,251,000) -722
Operating Activities, Cash Flows Provided By or Used In
Depreciation - - - -
Adjustments To Net Income - - - -
Changes In Accounts
Receivables
- - - -
Changes In Liabilities - - - -
Changes In Inventories - - - -
Changes In Other Operating
Activities
Total Cash Flow From
Operating Activities
Investing Activities, Cash Flows Provided By or Used In
- - - -
(7,473,000) -598 (1,590,000) 3,869,000
Capital Expenditures (1,402,000) (2,180,000) (1,945,000) (2,603,000)
Investments 961,000 674,000 295,000 (2,605,000)
Other Cashflows from
Investing Activities
Total Cash Flows From
Investing Activities
Financing Activities, Cash Flows Provided By or Used In
1,438,000 966,000 638,000 3,508,000
997,000 -540 (1,012,000) (1,700,000)
Dividends Paid - -141 -142 -142
Sale Purchase of Stock - - - -
Javier Herrou Febrero 2009 Página 10 de 54