DIRECTV 2007 Annual Report Download - page 133

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27MAR200806140685
Comparative Performance
The following graph compares our five-year cumulative return to stockholders against the
Standard and Poor’s 500 Composite Stock Price Index (the S&P 500 Index) and the Standard and
Poor’s 500 GICS Broadcasting & Cable TV Sub-Industry Index (the S&P 500 Broadcasting and Cable
TV Index). Our performance includes the historical performance of General Motors, or GM, Class H
common stock, which was listed on the NYSE under ticker symbol ‘‘GMH’’. The GM Class H common
stock was a tracking stock intended to reflect our financial performance prior to our split-off from GM
on December 23, 2003. For the period from December 31, 2002 through December 22, 2003, the table
below reflects the performance of the GM Class H common stock, and for the period from
December 23, 2003 through December 31, 2007, the table reflects the performance of DIRECTV
Common Stock. Our common stock traded under the ticker symbol ‘‘HS’’ from December 23, 2003
through March 16, 2004. On March 16, 2004, Hughes Electronics Corporation changed its name to The
DIRECTV Group, Inc. and, effective March 17, 2004, its ticker symbol was changed to ‘‘DTV’’.
The comparison assumes $100 investment in us, the S&P 500 Index, and the S&P 500
Broadcasting and Cable TV Index on December 31, 2002, and reflects dividend reinvestment and
annual weighting of the industry peer indices by individual company market capitalization.
The following table sets forth our five-year cumulative return along with the S&P 500 Index, and
the S&P 500 Broadcasting and Cable TV Index.
0
50
250
200
150
100
2002 2003 2004 200720062005
DOLLARS
DIRECTV S&P 500 Index S&P 500 Broadcasting & Cable TV Index
2002 2003 2004 2005 2006 2007
DIRECTV .......................................... 100 155 156 132 233 216
S&P 500 Index ........................................ 100 129 143 150 173 183
S&P 500 Broadcasting & Cable TV Index ..................... 100 138 125 105 151 116