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Financial time series data are not adequately modeled by normal distribution, and empirical evidence on the non-normality assumption is well documented in the financial literature (details are illustrated by \\textit{R. F. Engle} [Econometrica 50, 987--1007 (1982; Zbl 0491.62099)] and \\textit{T. Bollerslev} [J. Econom. 31, 307--327 (1986; Zbl 0616.62119)]). An ARMA representation has been used by \\textit{A. Thavaneswaran} et al. [Math. Comput. Modelling 41, No. 6--7, 723--733 (2005; Zbl 1079.62088)], to derive the kurtosis of the various class of GARCH models such as power GARCH, non-Gaussian GARCH, nonstationary and random coefficient GARCH. Several empirical studies have shown that mixture distributions are more likely to capture heteroskedasticity observed in high frequency data than normal distribution. In this paper, some results on moment properties are generalized to stationary ARMA process with GARCH errors. 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