ge investor communications brochure 2q2007

7/30/2019 Ge Investor Communications Brochure 2q2007

1/6

Financial Strength

InvestorInormation

Ticker SymbolGE

ExchangeNYSE

P/E ~17

Dividend Yield ~3%

Market Cap $390B

Shares O/S 10.3B

Perormance HighlightsInrastructure and Commercial Finance, which account or 56%

o segment prot, led our strong perormance this quarter withprot growth o 23% and 18%, respectively. Global demand orour Inrastructure products and services is unprecedented andstrong global origination at Commercial Finance contributed todouble-digit growth in assets, revenues, and earnings. We arebuilding a highly visible and sustainable growth pipeline aroundthe world. We are winning with technology and deepeningcustomer relationships through services. We are increasing our2007 share repurchase program to $14 billion to return more valueto shareholders.

Je Immelt, Chairman & CEO

07dividendincreasedto$1.12;31stconsecutiveannualincrease

Updated

July13,2007

2Q07

0.0

0.4

0.8

1.2

1.6

YTD '07YTD 06'06'0504

EarningsPerShareromContinuingOperations

(in dollars)14%AAGR Up13%

Growth (V%)

Orders +32%

Revenues +12%

Assets +20%

EPS (V%)

2Q07 +13% to $0.52

Returns

ROTC +30 bps. to 18.3%

Margins

Segment op. prot +70 bps. to 17%

Cash

YTD cash generation (CFOA) +11%to $11.6B

Key perormance metrics Solid 2Q perormance

0.0

0.2

0.4

0.6

0.8

1.0

YTD '07YTD 06'06'0504

DividendsPaidPerShare(in dollars)

10%AAGR Up12%

0

36

72

108

144

180

YTD '07YTD 06'06'0504

ConsolidatedRevenues(ContinuingOperations)(IN BILLIONS)

11%AAGR Up9%


2/6

Revenues Earnings Returns

2-3XGDP

10%+

20%

Reliableexecution &

financial discipline

Safe & reliable growth company

Invest inleadershipbusinesses

Great people& team

Growth asa process

Invest & deliver

A Growth Company

Growth

Initiatives

GEspends~$15Bannuallyto maintaintechnical leader-ship (globalinrastructure,ecomagination,early health)

GEemploys45,000salespeopleocused oncommercialexcellence

GEhas60+ImaginationBreakthroughsinthemarket(representing eithertechnical orcommercialinnovation)

Executing long-term strategy

GEs Growth Initiatives

Inrastructure technology Demographics

Developing markets Value rom liquidity

Digital connections Scarcity/environmental

BuiltortheFutureBuiltortheFuture

1 Investinleadershipbusinesses

Inrastructure strong segment prot +23%Commercial Finance strong segment prot +18%NBCU rebounding positive earnings growthRedeployment on track closed Smiths Aeospace,

completed GE-Hitachi and announced Plastics sale

++++

2 Reliableexecution&fnancialdiscipline

Segment prot growth +11%2Q segment op. prot +70 bps.ROTC expands +30 bps., CFOA growth +11%+07 buyback increased to $14B

++++

3 Growthasaprocess Organic revenue growth +8%Services revenues +12%; CSAs at $96B, +10%Global growth +21% developing countries 29%IBs contributing $5B revenue growth in 2007

++++

4 Greatpeople&team GE union members vote yes on new our-year contract+

0

4

8

12

16

'04 '05 YTD '07YTD '06'06

GrowthPlatormsRevenues(in billions)

20%AAGR 23%

0

5

10

15

20

25

30

35

YTD '07YTD '06'06'05'04

ServicesRevenues(in billions)

11%AAGR +11%

0

10

20

30

40

50

60

70

80

90

YTD '07YTD '06'06'05'04

GlobalRevenues(in billions)

14%AAGR +15%


3/6

Todays interdependent global economy iscreating new opportunities or growth and the corresponding challenges o man-aging that growth responsibly. In bothinstances, GEs size is an advantage. GE isleveraging its size to make a big impact in

the ollowing areas:Ecomagination accelerating the devel-opment, marketing and visibility o productsthat will help our customers meet pressingenvironmental issues across a variety oindustries. We have also set ambitioustargets or reducing the emission o green-house gases and increasing the energyeciency o our operations.

Delivering on ecomagination The com-panys second report on how GE is deliver-ing on its environmental commitmentscan be viewed and downloaded on line athttp://ge.ecomagination.com/site/down-

loads/news/2006ecoreport.pd

EmergingMarkets a vital part o GEsgrowth strategy in the years ahead but tobe successul we must integrate citizenshiprom day one, solve big needs and createvalue or local communities.

Nearly 60% o our growth will come romdeveloping countries in the next decade.

Emerging markets will represent ~25% oglobal talent by 2010.

Compliance&Governance our compli-ance systems have brought all our businessleaders into the process not just ournance and legal stas. Maintaining highstandards o compliance and governancesupports a high perormance, high integrity

culture. Voted best in the world by Financial Timesor Corporate Governance.

Environment,Health&Saety our EHSmanagement system is designed to estab-lish global standards and to promote busi-ness leadership, responsibility andaccountabilityor perormance. GE does this by providingour employees with the inormation andtraining they need to meet GEs EHS expec-tations and maintain the monitoring systemsto ensure we meet these expectations every-where we operate, including emerging mar-

kets.

Investing in a sustainable uture Thecompanys third citizenship report on how GEuses its capabilities to help address some othe worlds most pressing needs can beviewed and downloaded online at www.ge.com/citizenship.

Solving Big Needs

Our

Contributions

The GE amilycontributed $215+million and gavemore than onemillion volunteerhours worldwide

Provided two moreCollege BoundGrants: $20MM toCincinnati, Ohio,and $15MM toStamord,Connecticut,public schools

GE employees andretirees serve asmentors, tutors,helpers, buildersand riends. Everyyear, we completemore than 1,000serviceprojects

A Good Company

Its up to us to use our platorm to be a

good citizen, because not only is it a nicething to do, its a business imperative. Je Immelt

Recognitions

#1GlobalMost

AdmiredCompany

1998, 1999, 2000, 2001,

2002, 2005, 2006, 2007

Fortune Magazine

2007WorldsMost

EthicalCompany

Ethisphere Magazine

WorldsMost

RespectedCompanies

2005, 2006

Barrons

2006BestCompany

orLeaders

Chief Executive

Magazine

WorldsMost

RespectedCompany

1998, 1999, 2000, 2001,2002, 2003, 2004, 2005

Financial Times

100BestCompanies

orWorkingMothers

2004, 2005, 2006

Working Mother

EnergyStarpartnero

theyear

2004, 2005, 2006, 2007

EPA/DOE

2005,2006,2007IR

MagazineAward

Grand Prix or best

overall investor

relations

2006,2007IR

MagazineAward

Best Corporate

Governance

2006Top40Diverse

Companies

Black Enterprise

Magazine

2006OSHALeadership

Award

or commitment to

health and saety

2005KLDGlobal

ClimateIndexor environmental

technology leadership

2005CEDCorporate

CitizenshipAward

or commitment to

integrity and corporate

ethics

2004CatalystAward

or eorts to advance

women employees

2004,2005,2006

DowJones

SustainabilityIndex

or global citizenship


4/6

GEInrastructure

GE Inrastructure is one o the worlds

leading providers o undamental technolo-gies to developed, developing and emerg-

ing countries, including aircrat engine,

energy, oil and gas, rail and water process

technologies and services. GE Inrastruc-

ture also provides aviation and energy

leasing and nancing services.

2Q07 Wins

Finalized an agreement with Hitachi to

proceed with a global nuclear energy

alliance

Announced plans to produce South

Aricas rst seawater desalination plant

Signed an agreement with Airbus or 60

new A320 amily aircrat

Named the #1 U.S. wind energy provider

by The American Wind Energy Association

GECommercialFinance

GE Commercial Finance oers an array o

services and products aimed at enablingbusiness worldwide to grow. GE Commer-

cial Finance provides loans, operating

leases, nancing programs, commercial

insurance and reinsurance, and other

services.

2Q07 Wins

Launched a $250 million equity und with

NBCU to invest in media and technology

companies

Acquired oce buildings and real estate

in the Western U.S. and parts o Canada

Closed several multi-million dollar

nancings

Our Businesses

GE is in tremendous shape. With our portolio

changes substantially completed, we havereorganized our business to more closely

ocus on our customers, urther simpliy our

operations, and sustain our momentum.

Je Immelt


5/6

GEMoney

GE Money is a leading provider o credit

services to consumers, retailers and auto

dealers in countries around the world,oering nancial products such as private

label credit cards, personal loans, bank

cards, auto loans and leases, mortgages,

corporate travel and purchasing cards,

debt consolidation and home equity loans

and credit insurance.

2Q07 Wins:

Joined orces with the Atlanta Braves to

introduce the rst Major League Baseball

season ticket nancing program

Renewed several key nancing

partnerships including Wal*Mart,

eBay and Lowes

Won the 2007 Global Award or Best

Finance Company by Cards International

GEHealthcare

GE Healthcare is a leader in the develop-

ment o a new paradigm o patient care.

GE Healthcares expertise in medical

imaging and inormation technologies,

medical diagnostics, patient monitoring

systems, disease research, drug discovery

and biopharmaceutical manuacturingtechnologies is dedicated to detecting

disease earlier and helping physicians

tailor treatment or individual patients.

2Q07 Wins:

Acquired Wave Biotech LLC

Launched the Voluson e system, a

compact ultrasound system designed

specically or womens healthcare

Won the 2007 Frost & Sullivan Award

or Best Customer Value in the North

American patient monitoring markets

NBCUniversal

NBC Universal is one o the worlds leading

media and entertainment companies in the

development, production and marketing oentertainment, news and inormation to a

global audience.

2Q07 Wins:

Enjoyed strong ratings perormances

across its portolio led by the Today

show, Americas Got Talent and NBC

Sports productions

USA was the #1 basic cable network and

MSNBC led cable news growth

Will launch 20 additional local television

channels in 23 new countries across

Europe, Asia and Latin America

GEIndustrial

GE Industrial provides a broad range o

products and services throughout the

world, including appliances, lighting and

industrial products; actory automation

systems; plastics, security and sensors

technology, and equipment nancing,

management and operating services

2Q07 Wins:

Unveiled GE Ca a high quality

stainless steel line o appliances at

aordable prices

Celebrated the 20th anniversary o the

Joint Venture between General Electric

and FANUC LTD o Japan

By the

Numbers

There are morethan fvemillionGE share owners.

GE operates inmorethan100countriesaroundthe globe.

GE invests $1Bannually intraining plusdevelopmentinitiatives

GE ranked#1GlobalMostAdmiredCompanyFortune Magazine


6/6

We begin 2007 with a stronger set o businesses. Our key nancial metricsare heading in the right direction. Our cash position gives us tremendousfexibility. We see ull-year 2007 EPS rom continuing operations o $2.182.23, an increase o 1012% over comparable 2006 earnings. We believethat our strategic moves position GE or sustained growth in the uture.

Contact

Inormation

GeneralElectric

Company

3135 Easton Turnpike

Faireld, Connecticut

06828

GE Investor

Communications

T 203.373.2468

F 203.373.2071

www.ge.com/investor

2Q07 Segment Perormance (Continuing Operations)

Revenue SegmentProit -a)

($ in millions) $ V% $ V%

Inrastructure $13,913 23% $2,589 23%

Commercial Finance 6,383 15 1,250 18

GE Money 6,145 17 952 8

Healthcare 4,127 (1) 731 (8)

NBC Universal 3,625 (6) 904 2

Industrial 6,220 (4) 482 1

Corporate Items & Eliminations 1,903 (1,509)

TOTALCOMPANY $42,316 12% $5,399 12%

(a-FinancialServicebusinessesonanater-taxbasis

2007 Earnings Guidance (Continuing Operations)

EPS $2.182.23 +15%

Revenues ~$170B ~10%Net Income ~$2223B 12%+Cash ~$2223B

This document contains orward-looking statements that is, statements related to uture, not past , events. In this context,orward-looking statements oten address our expected uture business and inancial perormance, and oten contain words suchas expects, anticipates, intends, plans, believes, seeks, or will. Forward-looking statements by their nature addressmatters that are, to dierent degrees, uncertain. For us, particular uncertainties which could adversely or positively aect ouruture results include: the behavior o inancial markets, including luctuations in interest rates and commodity prices; strategicactions, including dispositions; uture integration o acquired businesses; uture inancial perormance o major industries whichwe serve, including, without limitation, the air and rail transportation, energy generation, media, real estate and healthcareindustries; unanticipated loss development in our insurance businesses; and numerous other matters o national, regional andglobal scale, including those o a political, economic, business, competitive and regulatory nature. These uncertainties may causeour actual uture results to be materially dierent than those expressed in our orward-looking statements. We do not undertaketo update our orward-looking statements.

a Well positioned or 2007 & beyond

Dramatically improved business portolio

High quality, consistent & sustainable double-digit earnings growth

Tremendous inancial lexibility excellent cash low solid Triple A

TotalCompany

3Q07Outlook

($ in billions except EPS)

$ V%

Revenues ~$42 ~10%Earnings $5.55.7 +13-18%

EPS $.54.56 +15-19%

Continuing Ops basis

20070055-3

ge investor communications brochure 2q2007

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