BK19 Cred Ag Co 29

RNS Number:3314B
General Motors Accept Corp Canada
10 April 2006

                                                           Deloitte & Touche LLP
                                                           BCE Place
                                                           181 Bay Street
                                                           Suite 1400
                                                           Toronto ON  M5J 2V1
                                                           Canada

                                                           Tel: 416-601-6150
                                                           Fax: 416-601-6151
                                                           www.deloitte.ca


Report on the Application of Specified Procedures


To the Directors of
General Motors Acceptance Corporation of Canada, Limited (the "Company")


We are the auditors of the Company and have audited in accordance with Canadian
generally accepted auditing standards the consolidated balance sheets of the
Company as at December 31, 2005 and 2004 and the consolidated statements of
income and retained earnings and of cash flows for the years then ended.  Our
report dated March 15, 2006 addressed to the shareholder expressed our opinion
without reservation on these financial statements.  Our audit of the Company's
financial statements was not directed to the determination of the individual
amounts set out in the selected annual financial information nor have we
performed an audit of those individual amounts.  The Company's management has
derived the accompanying selected annual financial information from these
financial statements.  Our responsibility is to compare the accompanying
selected annual financial information to the financial statements that we
audited.

We have compared the selected annual financial information of the Company as at
and for the years ended December 31, 2005 and 2004, to the audited financial
statements referred to above, or to amounts derived therefrom, and found the
amounts agreed.  However, we express no opinion on those amounts.

This report is solely for the use of the Directors of the Company in connection
with filing the selected annual financial information of the Company with the
regulatory authorities.



Chartered Accountants

Toronto, Ontario
March 15, 2006





            General Motors Acceptance Corporation of Canada, Limited

                       SELECTED FINANCIAL INFORMATION (1)


Selected Income Statement (in thousands)         For the year ended December 31,
                                                       2005               2004

   Total financing revenue                       $  2,477,354       $  2,152,125

   Net income                                    $     16,611       $    142,188
                                                                             


Selected Balance Sheet (in thousands)              December 31,     December 31,
                                                       2005               2004

   Cash and cash equivalents                     $  2,019,288       $  2,785,666
   Finance receivables and loans, net (2)           5,332,143          6,373,832
   Investment in operating leases, net              9,053,848          7,079,305
   All other assets                                 4,136,918          4,584,089

TOTAL ASSETS                                     $ 20,542,197       $ 20,822,892

   Unsecured debt (3)                            $ 10,047,714       $ 16,311,725
   Secured debt (3)                                 6,394,304            633,233
   All other liabilities                            2,342,632          1,907,252
      Total liabilities                            18,784,650         18,852,210

   Total shareholder's equity                       1,757,547          1,970,682

TOTAL LIABILITIES AND SHAREHOLDER'S EQUITY       $ 20,542,197       $ 20,822,892


(1) The above financial information is derived from the audited consolidated
financial statements of the Company, for the fiscal year ended December 31, 2005
which were prepared in accordance with Canadian generally accepted accounting
principles, as applicable to public enterprises. Certain amounts in the prior
year have been reclassified to conform to the current year's presentation.

(2) Net of allowance for credit losses of $31,713 and $36,754 at December 31,
2005 and December 31, 2004, respectively.

(3) Includes short-term debt of $226,755 and $2,321,486 at December 31, 2005 and
December 31, 2004, respectively.



                      This information is provided by RNS
            The company news service from the London Stock Exchange
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