Guarantor Consolidating Financial Statements

The payment of principal and interest on senior notes is currently guaranteed solely by AFSI (the "Guarantor") and none of our other subsidiaries (the "Non-Guarantor Subsidiaries"). The separate financial statements of the Guarantor are not included herein because the Guarantor is a 100% owned consolidated subsidiary and is unconditionally liable for the obligations represented by the senior notes.

The consolidating financial statements present consolidating financial data for (i) General Motors Financial Company, Inc. (on a parent only basis), (ii) the Guarantor, (iii) the combined Non-Guarantor Subsidiaries, (iv) an elimination column for adjustments to arrive at the information for the parent company and our subsidiaries on a consolidated basis and (v) the parent company and our subsidiaries on a consolidated basis as of June 30, 2013 and December 31, 2012, and for the three and six months ended June 31, 2013 and 2012.

Investments in subsidiaries are accounted for by the parent company using the equity method for purposes of this presentation. Results of operations of subsidiaries are therefore reflected in the parent company's investment accounts and earnings. The principal elimination entries set forth below eliminate investments in subsidiaries and intercompany balances and transactions.

GENERAL MOTORS FINANCIAL COMPANY, INC.

CONSOLIDATING BALANCE SHEET

June 30, 2013

(unaudited, in millions)



	General Motors Financial Company, Inc.			Guarantor			Non- Guarantors			Eliminations			Consolidated
Assets
Cash and cash equivalents				$	1,053		$	704					$	1,757
Finance receivables, net				687			22,258						22,945
Restricted cash							1,426						1,426
Property and equipment, net				4			117						121
Leased vehicles, net							2,655						2,655
Deferred income taxes	$	29		(125		)	216						120
Goodwill	1,095						63						1,158
Related party receivables	39						66						105
Other assets	47			32			219						298
Due from affiliates	4,241			863						(5,104		)
Investment in affiliates	6,156			2,602						(8,758		)
Total assets	$	11,607		$	5,116		$	27,724		$	(13,862	)	$	30,585
Liabilities and Shareholder's Equity
Liabilities:
Secured debt							$	17,548					$	17,548
Unsecured debt	$	4,000					1,238						5,238
Accounts payable and accrued expenses	113			$	110		269						492
Deferred income							123						123
Taxes payable	78						46						124
Related party taxes payable	644												644
Other liabilities				12			123						135
Related party payable	7						372						379
Due to affiliates	863			1,498			2,743			(5,104		)
Total liabilities	5,705			1,620			22,462			(5,104		)	24,683
Shareholder's equity:
Common stock							801			(801		)
Additional paid-in capital	4,763			79			2,632			(2,711		)	4,763
Accumulated other comprehensive loss	(68		)	(4		)	(48		)	52			(68		)
Retained earnings	1,207			3,421			1,877			(5,298		)	1,207
Total shareholder's equity	5,902			3,496			5,262			(8,758		)	5,902
Total liabilities and shareholder's equity	$	11,607		$	5,116		$	27,724		$	(13,862	)	$	30,585

GENERAL MOTORS FINANCIAL COMPANY, INC.

CONSOLIDATING BALANCE SHEET

December 31, 2012

(in millions)



	General Motors Financial Company, Inc.			Guarantor			Non- Guarantors			Eliminations			Consolidated
Assets
Cash and cash equivalents				$	1,252		$	37					$	1,289
Finance receivables, net				1,558			9,440						10,998
Restricted cash							744						744
Property and equipment, net				4			48						52
Leased vehicles, net							1,703						1,703
Deferred income taxes	$	39		(28		)	96						107
Goodwill	1,095						13						1,108
Related party receivables	66												66
Other assets	14			18			98						130
Due from affiliates	2,063									$	(2,063	)
Investment in affiliates	3,274			2,193						(5,467		)
Total assets	$	6,551		$	4,997		$	12,179		$	(7,530	)	$	16,197
Liabilities and Shareholder's Equity
Liabilities:
Secured debt							$	9,378					$	9,378
Unsecured debt	$	1,500											1,500
Accounts payable and accrued expenses	22			$	90		105						217
Deferred income							70						70
Taxes payable	91			4			(2		)				93
Related party taxes payable	559												559
Other liabilities							1						1
Due to affiliates				1,669			394			$	(2,063	)
Total liabilities	2,172			1,763			9,946			(2,063		)	11,818
Shareholder's equity:
Common stock							570			(570		)
Additional paid-in capital	3,459			79			123			(202		)	3,459
Accumulated other comprehensive (loss) income	(3		)	(11		)	13			(2		)	(3		)
Retained earnings	923			3,166			1,527			(4,693		)	923
Total shareholder's equity	4,379			3,234			2,233			(5,467		)	4,379
Total liabilities and shareholder's equity	$	6,551		$	4,997		$	12,179		$	(7,530	)	$	16,197

GENERAL MOTORS FINANCIAL COMPANY, INC.

CONSOLIDATING STATEMENT OF INCOME

Three Months Ended June 30, 2013

(unaudited, in millions)



	General Motors Financial Company, Inc.			Guarantor			Non- Guarantors		Eliminations			Consolidated
Revenue
Finance charge income				$	30		$	617				$	647
Leased vehicle income							136					136
Other income	$	35		83			81		$	(146	)	53
Equity in income of affiliates	187			158					(345		)
	222			271			834		(491		)	836
Costs and expenses
Salaries and benefits				54			62					116
Other operating expenses	(5		)	(24		)	104					75
Total operating expenses	(5		)	30			166					191
Leased vehicle expenses							101					101
Provision for loan losses				60			40					100
Interest expense	50			54			206		(146		)	164
Acquisition and integration expenses							16					16
	45			144			529		(146		)	572
Income before income taxes	177			127			305		(345		)	264
Income tax (benefit) provision	(1		)	(13		)	100					86
Net income	$	178		$	140		$	205	$	(345	)	$	178

Comprehensive income	$	119		$	146		$	150	$	(296	)	$	119

GENERAL MOTORS FINANCIAL COMPANY, INC.

CONSOLIDATING STATEMENT OF INCOME

Three Months Ended June 30, 2012

(unaudited, in millions)



	General Motors Financial Company, Inc.			Guarantor			Non- Guarantors				Eliminations			Consolidated
Revenue
Finance charge income				$	34		$	370						$	404
Leased vehicle income							66							66
Other income	$	11		47			66				$	(107	)	17
Equity in income of affiliates	141			170							(311		)
	152			251			502				(418		)	487
Costs and expenses
Salaries and benefits				48			23							71
Other operating expenses	4			(33		)	51							22
Total operating expenses	4			15			74							93
Leased vehicle expenses							51							51
Provision for loan losses				68			(6		)					62
Interest expense	14			42			115				(107		)	64
	18			125			234			—	(107		)	270
Income before income taxes	134			126			268				(311		)	217
Income tax (benefit) provision	(3		)	(14		)	97							80
Net income	$	137		$	140		$	171			$	(311	)	$	137

Comprehensive income	$	130		$	140		$	155			$	(295	)	$	130

GENERAL MOTORS FINANCIAL COMPANY, INC.

CONSOLIDATING STATEMENT OF INCOME

Six Months Ended June 30, 2013

(unaudited, in millions)



	General Motors Financial Company, Inc.			Guarantor			Non- Guarantors		Eliminations			Consolidated
Revenue
Finance charge income				$	69		$	993				$	1,062
Leased vehicle income							243					243
Other income	$	49		124			128		$	(230	)	71
Equity in income of affiliates	300			304					(604		)
	349			497			1,364		(834		)	1,376
Costs and expenses
Salaries and benefits				102			88					190
Other operating expenses	(2		)	(49		)	160					109
Total operating expenses	(2		)	53			248					299
Leased vehicle expenses							181					181
Provision for loan losses				127			67					194
Interest expense	71			89			316		(230		)	246
Acquisition and integration expenses							22					22
	69			269			834		(230		)	942
Income before income taxes	280			228			530		(604		)	434
Income tax (benefit) provision	(4		)	(27		)	181					150
Net income	$	284		$	255		$	349	$	(604	)	$	284

Comprehensive income	$	219		$	262		$	288	$	(550	)	$	219

GENERAL MOTORS FINANCIAL COMPANY, INC.

CONSOLIDATING STATEMENT OF INCOME

Six Months Ended June 30, 2012

(unaudited, in millions)



	General Motors Financial Company, Inc.			Guarantor			Non- Guarantors			Eliminations			Consolidated
Revenue
Finance charge income				$	69		$	693					$	762
Leased vehicle income							119						119
Other income	$	22		110			155			$	(250	)	37
Equity in income of affiliates	259			319						(578		)
	281			498			967			(828		)	918
Costs and expenses
Salaries and benefits				97			47						144
Other operating expenses	8			(57		)	96						47
Total operating expenses	8			40			143						191
Leased vehicle expenses							92						92
Provision for loan losses				128			(18		)				110
Interest expense	29			100			248			(250		)	127
	37			268			465			(250		)	520
Income before income taxes	244			230			502			(578		)	398
Income tax (benefit) provision	(5		)	(28		)	182						149
Net income	$	249		$	258		$	320		$	(578	)	$	249

Comprehensive income	$	246		$	258		$	317		$	(575	)	$	246

GENERAL MOTORS FINANCIAL COMPANY, INC.

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

Six Months Ended June 30, 2013

(unaudited, in millions)



	General Motors Financial Company, Inc.			Guarantor			Non- Guarantors			Eliminations			Consolidated
Net cash provided by operating activities	$	86		$	184		$	431					$	701
Cash flows from investing activities:
Purchases of consumer finance receivables, net				(2,695		)	(4,222		)	$	3,105		(3,812		)
Principal collections and recoveries on consumer finance receivables				1			3,053						3,054
Proceeds from sale of consumer finance receivables, net				3,105						(3,105		)
Funding of commercial finance receivables, net				(2,065		)	(7,807		)	1,467			(8,405		)
Collections of commercial finance receivables				985			7,038						8,023
Proceeds from sale of commercial finance receivables, net				1,467						(1,467		)
Purchases of leased vehicles, net							(1,176		)				(1,176		)
Proceeds from termination of leased vehicles							84						84
Acquisition of international operations, net of cash on hand	(2,547		)	(863		)	440			863			(2,107		)
Purchases of property and equipment							(4		)				(4		)
Change in restricted cash							(158		)				(158		)
Change in other assets				(10		)	8						(2		)
Net change in investment in affiliates	(29		)	(97		)				126
Net cash (used in) provided by investing activities	(2,576		)	(172		)	(2,744		)	989			(4,503		)
Cash flows from financing activities:
Borrowings and issuance of secured debt	1,100						7,985						9,085
Payments on secured debt	(1,100		)				(5,907		)				(7,007		)
Borrowings on unsecured debt	2,500						522						3,022
Payments on unsecured debt							(633		)				(633		)
Repayment of debt to Ally Financial							(1,416		)				(1,416		)
Capital contribution from parent	1,300												1,300
Debt issuance costs	(29		)				(34		)				(63		)
Net capital contribution to subsidiaries							130			(130		)
Net change in (due from) due to affiliates	(1,281		)	(211		)	2,354			(862		)
Net cash (used in) provided by financing activities	2,490			(211		)	3,001			(992		)	4,288
Net increase (decrease) in cash and cash equivalents				(199		)	688			(3		)	486
Effect of foreign exchange rate changes on cash and cash equivalents							(21		)	3			(18		)
Cash and cash equivalents at beginning of period				1,252			37						1,289
Cash and cash equivalents at end of period	$			$	1,053		$	704		$			$	1,757

GENERAL MOTORS FINANCIAL COMPANY, INC.

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

Six Months Ended June 30, 2012

(unaudited, in millions)



	General Motors Financial Company, Inc.			Guarantor			Non- Guarantors			Eliminations			Consolidated
Net cash provided by operating activities	$	94		$	98		$	390					$	582
Cash flows from investing activities:
Purchases of consumer finance receivables, net				(2,870		)	(2,748		)	$	2,748		(2,870		)
Principal collections and recoveries on consumer finance receivables							2,040						2,040
Proceeds from sale of consumer finance receivables, net				2,748						(2,748		)
Funding of commercial finance receivables, net				(173		)							(173		)
Collections of commercial finance receivables				46									46
Purchases of leased vehicles, net							(621		)				(621		)
Proceeds from termination of leased vehicles							18						18
Purchases of property and equipment				(1		)	(5		)				(6		)
Change in restricted cash							235						235
Change in other assets	(7		)	29			(4		)				18
Net change in investment in affiliates				2,210						(2,210		)
Net cash (used in) provided by investing activities	(7		)	1,989			(1,085		)	(2,210		)	(1,313		)
Cash flows from financing activities:
Borrowings and issuance of secured debt							5,063						5,063
Payments on secured debt							(3,929		)				(3,929		)
Debt issuance costs							(23		)				(23		)
Net capital contribution to subsidiaries							(2,210		)	2,210
Net change in (due from) due to affiliates	(87		)	(1,694		)	1,781
Net cash (used in) provided by financing activities	(87		)	(1,694		)	682			2,210			1,111
Net increase (decrease) in cash and cash equivalents				393			(13		)				380
Effect of foreign exchange rate changes on cash and cash equivalents
Cash and cash equivalents at beginning of period				500			72						572
Cash and cash equivalents at end of period	$			$	893		$	59		$			$	952