EX-99.B 7 ex99b.htm EXHIBIT 99(B) ex99b.htm
Exhibit 99(b)
 
General Electric Company
Immaterial Corrections
 

 
During the course of an internal review in connection with our ongoing U.S. Securities and Exchange Commission (SEC) investigation, we identified certain immaterial items with respect to the Statement of Cash Flows that we have corrected from amounts in previous filings. The items primarily relate to elimination of intercompany transactions between GE and GECS and include effects of clerical errors, errors in elimination classifications among operating, investing and financing activities and transaction-reporting errors involving identification of inter-company transactions that had not previously been eliminated in the Consolidated Statement of Cash Flows.
 
To assist in understanding the effects of these immaterial items, we set forth below the adjusted data that will be included in future Exchange Act reports;
 
·  
Statements of Cash Flows data for the years ended December 31, 2005, 2006 and 2007.
 
·  
Condensed Statements of Cash Flows data for the three months ended March 31, 2007, six months ended June 30, 2007, nine months ended September 30, 2007 and three months ended March 31, 2008.
 

 
(1)
 
 

Condensed Statement of Cash Flows
General Electric Company and consolidated affiliates
 
 
Three months ended March 31 (Unaudited)
  
 
Consolidated
  
GE(a)
  
Financial Services (GECS)
  
 
2008
  
2008
  
2008
  
(In millions)
As
reported
  
Adjust-
ment
  
As
adjusted
  
As
reported
  
Adjust-
ment
  
As
adjusted
  
As
reported
  
Adjust-
ment
  
As
adjusted
  
                                                       
Cash flows – operating activities
    
  
    
  
    
  
    
  
    
  
    
  
    
  
    
  
      
Net earnings
$
4,304
  
$
–
  
$
4,304
  
$
4,304
  
$
–
  
$
4,304
  
$
2,395
  
$
–
  
$
2,395
  
Loss from discontinued operations
  
57
    
–
    
57
    
57
    
–
    
57
    
71
    
–
    
71
  
Adjustments to reconcile net earnings to cash
                                                      
provided from operating activities
                                                      
Depreciation and amortization of property, plant and equipment
  
2,682
    
–
    
2,682
    
556
    
–
    
556
    
2,126
    
–
    
2,126
  
Net earnings from continuing operations retained by GECS
  
–
    
–
    
–
    
(1,336
)
  
–
    
(1,336
)
  
–
    
–
    
–
  
Deferred income taxes
  
(969
)
  
–
    
(969
)
  
(352
)
  
–
    
(352
)
  
(617
)
  
–
    
(617
)
Decrease in GE current receivables
  
787
    
(681
)
  
106
    
396
    
–
    
396
    
–
    
–
    
–
  
Increase in inventories
  
(1,381
)
  
(31
)
  
(1,412
)
  
(1,375
)
  
–
    
(1,375
)
  
(6
)
  
–
    
(6
)
Increase (decrease) in accounts payable
  
(422
)
  
714
    
292
    
125
    
–
    
125
    
(450
)
  
644
    
194
  
Increase in GE progress collections
  
1,412
    
24
    
1,436
    
1,553
    
–
    
1,553
    
–
    
–
    
–
  
Provision for losses on GECS financing receivables
  
1,359
    
–
    
1,359
    
–
    
–
    
–
    
1,359
    
–
    
1,359
  
All other operating activities
  
(1,487
)
  
108
    
(1,379
)
  
926
    
–
    
926
    
(2,269
)
  
–
    
(2,269
)
Cash from operating activities - continuing operations
  
6,342
    
134
    
6,476
    
4,854
    
–
    
4,854
    
2,609
    
644
    
3,253
  
Cash from operating activities - discontinued operations
  
449
    
–
    
449
    
–
    
–
    
–
    
449
    
–
    
449
  
Cash from operating activities
  
6,791
    
134
    
6,925
    
4,854
    
–
    
4,854
    
3,058
    
644
    
3,702
  
                                                       
Cash flows – investing activities
                                                      
Additions to property, plant and equipment
  
(3,733
)
  
15
    
(3,718
)
  
(894
)
  
–
    
(894
)
  
(2,955
)
  
–
    
(2,955
)
Dispositions of property, plant and equipment
  
3,212
    
–
    
3,212
    
–
    
–
    
–
    
3,212
    
–
    
3,212
  
Net increase in GECS financing receivables
  
(11,782
)
  
29
    
(11,753
)
  
–
    
–
    
–
    
(11,712
)
  
(644
)
  
(12,356
)
Proceeds from sale of discontinued operations
  
203
    
–
    
203
    
203
    
–
    
203
    
–
    
–
    
–
  
Proceeds from principal business dispositions
  
4,305
    
–
    
4,305
    
–
    
–
    
–
    
4,305
    
–
    
4,305
  
Payments for principal businesses purchased
  
(12,759
)
  
–
    
(12,759
)
  
(107
)
  
–
    
(107
)
  
(12,652
)
  
–
    
(12,652
)
All other investing activities
  
(647
)
  
(88
)
  
(735
)
  
(35
)
  
–
    
(35
)
  
(388
)
  
–
    
(388
)
Cash used for investing activities – continuing operations
  
(21,201
)
  
(44
)
  
(21,245
)
  
(833
)
  
–
    
(833
)
  
(20,190
)
  
(644
)
  
(20,834
)
Cash used for investing activities – discontinued operations
  
(437
)
  
–
    
(437
)
  
–
    
–
    
–
    
(437
)
  
–
    
(437
)
Cash used for investing activities
  
(21,638
)
  
(44
)
  
(21,682
)
  
(833
)
  
–
    
(833
)
  
(20,627
)
  
(644
)
  
(21,271
)
                                                       
Cash flows – financing activities
                                                      
Net increase (decrease) in borrowings (maturities of 90 days or less)
  
2,296
    
(90
)
  
2,206
    
(1,658
)
  
–
    
(1,658
)
  
3,847
    
–
    
3,847
  
Newly issued debt (maturities longer than 90 days)
  
35,833
    
–
    
35,833
    
39
    
–
    
39
    
35,942
    
–
    
35,942
  
Repayments and other reductions (maturities longer than 90 days)
  
(20,250
)
  
–
    
(20,250
)
  
(46
)
  
–
    
(46
)
  
(20,204
)
  
–
    
(20,204
)
Net purchases of GE shares for treasury
  
(864
)
  
–
    
(864
)
  
(864
)
  
–
    
(864
)
  
–
    
–
    
–
  
Dividends paid to shareowners
  
(3,110
)
  
–
    
(3,110
)
  
(3,110
)
  
–
    
(3,110
)
  
(1,130
)
  
–
    
(1,130
)
All other financing activities
  
498
    
–
    
498
    
–
    
–
    
–
    
498
    
–
    
498
  
Cash from (used for) financing activities – continuing operations
  
14,403
    
(90
)
  
14,313
    
(5,639
)
  
–
    
(5,639
)
  
18,953
    
–
    
18,953
  
Cash from (used for) financing activities – discontinued operations
  
–
    
–
    
–
    
–
    
–
    
–
    
–
    
–
    
–
  
Cash from (used for) financing activities
  
14,403
    
(90
)
  
14,313
    
(5,639
)
  
–
    
(5,639
)
  
18,953
    
–
    
18,953
  
                                                       
Increase (decrease) in cash and equivalents
  
(444
)
  
–
    
(444
)
  
(1,618
)
  
–
    
(1,618
)
  
1,384
    
–
    
1,384
  
Cash and equivalents at beginning of year
  
16,031
    
–
    
16,031
    
6,702
    
–
    
6,702
    
9,739
    
–
    
9,739
  
Cash and equivalents at March 31
  
15,587
    
–
    
15,587
    
5,084
    
–
    
5,084
    
11,123
    
–
    
11,123
  
Less cash and equivalents of discontinued operations at March 31
  
296
    
–
    
296
    
–
    
–
    
–
    
296
    
–
    
296
  
Cash and equivalents of continuing operations at March 31
$
15,291
  
$
–
  
$
15,291
  
$
5,084
  
$
–
  
$
5,084
  
$
10,827
  
$
–
  
$
10,827
  

(a)
Represents the adding together of all affiliated companies except General Electric Capital Services, Inc. (GECS or financial services) which is presented on a one-line basis.
Separate information is shown for “GE” and “Financial Services (GECS).” Transactions between GE and GECS have been eliminated from the “Consolidated” columns.

 

 
(2)
 
 

Statement of Cash Flows
General Electric Company and consolidated affiliates
 
 
Twelve months ended December 31 (Unaudited)
  
 
Consolidated
  
GE(a)
  
Financial Services (GECS)
  
 
2007
  
2007
  
2007
  
(In millions)
As
reported
  
Adjust-
ment
  
As
adjusted
  
As
reported
  
Adjust-
ment
  
As
adjusted
  
As
reported
  
Adjust-
ment
  
As
adjusted
  
                                                       
Cash flows – operating activities
                                                      
Net earnings
$
22,208
  
$
–
  
$
22,208
  
$
22,208
  
$
–
  
$
22,208
  
$
10,301
  
$
–
  
$
10,301
  
Loss from discontinued operations
  
260
    
–
    
260
    
260
    
–
    
260
    
2,127
    
–
    
2,127
  
Adjustments to reconcile net earnings to cash
                                                      
provided from operating activities
                                                      
Depreciation and amortization of property, plant and equipment
  
10,278
    
–
    
10,278
    
2,149
    
–
    
2,149
    
8,129
    
–
    
8,129
  
Earnings from continuing operations retained by GECS
  
–
    
–
    
–
    
(5,137
)
  
–
    
(5,137
)
  
–
    
–
    
–
  
Deferred income taxes
  
623
    
–
    
623
    
564
    
–
    
564
    
59
    
–
    
59
  
Decrease (increase) in GE current receivables
  
980
    
(1,848
)
  
(868
)
  
14
    
–
    
14
    
–
    
–
    
–
  
Decrease (increase) in inventories
  
(1,494
)
  
(68
)
  
(1,562
)
  
(1,496
)
  
–
    
(1,496
)
  
2
    
–
    
2
  
Increase (decrease) in accounts payable
  
469
    
(1,376
)
  
(907
)
  
(1,073
)
  
–
    
(1,073
)
  
1,784
    
(1,209
)
  
575
  
Increase in GE progress collections
  
4,458
    
164
    
4,622
    
4,620
    
–
    
4,620
    
–
    
–
    
–
  
Provision for losses on GECS financing receivables
  
4,546
    
–
    
4,546
    
–
    
–
    
–
    
4,546
    
–
    
4,546
  
All other operating activities
  
657
    
285
    
942
    
1,192
    
–
    
1,192
    
(524
)
  
–
    
(524
)
Cash from operating activities - continuing operations
  
42,985
    
(2,843
)
  
40,142
    
23,301
    
–
    
23,301
    
26,424
    
(1,209
)
  
25,215
  
Cash from (used for) operating activities - discontinued operations
  
2,982
    
198
    
3,180
    
(857
)
  
–
    
(857
)
  
3,839
    
–
    
3,839
  
Cash from operating activities
  
45,967
    
(2,645
)
  
43,322
    
22,444
    
–
    
22,444
    
30,263
    
(1,209
)
  
29,054
  
                                                       
Cash flows – investing activities
                                                      
Additions to property, plant and equipment
  
(17,870
)
  
65
    
(17,805
)
  
(2,968
)
  
–
    
(2,968
)
  
(15,219
)
  
–
    
(15,219
)
Dispositions of property, plant and equipment
  
8,460
    
–
    
8,460
    
–
    
–
    
–
    
8,460
    
–
    
8,460
  
Net increase in GECS financing receivables
  
(47,121
)
  
2,889
    
(44,232
)
  
–
    
–
    
–
    
(45,368
)
  
1,209
  
(44,159
)
Proceeds from sales of discontinued operations
  
11,574
    
–
    
11,574
    
10,826
    
–
    
10,826
    
117
    
–
    
117
  
Proceeds from principal business dispositions
  
2,746
    
–
    
2,746
    
1,047
    
–
    
1,047
    
1,699
    
–
    
1,699
  
Payments for principal businesses purchased
  
(17,215
)
  
–
    
(17,215
)
  
(9,645
)
  
–
    
(9,645
)
  
(7,570
)
  
–
    
(7,570
)
All other investing activities
  
(10,275
)
  
164
    
(10,111
)
  
(1,697
)
  
–
    
(1,697
)
  
(8,931
)
  
–
    
(8,931
)
Cash used for investing activities – continuing operations
  
(69,701
)
  
3,118
    
(66,583
)
  
(2,437
)
  
–
    
(2,437
)
  
(66,812
)
  
1,209
    
(65,603
)
Cash from (used for) investing activities – discontinued operations
  
(2,723
)
  
(198
)
  
(2,921
)
  
1,003
    
–
    
1,003
    
(3,726
)
  
–
    
(3,726
)
Cash used for investing activities
  
(72,424
)
  
2,920
    
(69,504
)
  
(1,434
)
  
–
    
(1,434
)
  
(70,538
)
  
1,209
    
(69,329
)
                                                       
Cash flows – financing activities
                                                      
Net increase (decrease) in borrowings (maturities of 90 days or less)
  
2,339
    
(275
)
  
2,064
    
(3,284
)
  
–
    
(3,284
)
  
3,398
    
–
    
3,398
  
Newly issued debt (maturities longer than 90 days)
  
100,866
    
–
    
100,866
    
8,751
    
–
    
8,751
    
92,016
    
–
    
92,016
  
Repayments and other reductions (maturities longer than 90 days)
  
(49,826
)
  
–
    
(49,826
)
  
(298
)
  
–
    
(298
)
  
(49,528
)
  
–
    
(49,528
)
Net purchases of GE shares for treasury
  
(12,319
)
  
–
    
(12,319
)
  
(12,319
)
  
–
    
(12,319
)
  
–
    
–
    
–
  
Dividends paid to shareowners
  
(11,492
)
  
–
    
(11,492
)
  
(11,492
)
  
–
    
(11,492
)
  
(7,291
)
  
–
    
(7,291
)
All other financing activities
  
(1,204
)
  
–
    
(1,204
)
  
–
    
–
    
–
    
(1,204
)
  
–
    
(1,204
)
Cash from (used for) financing activities – continuing operations
  
28,364
    
(275
)
  
28,089
    
(18,642
)
  
–
    
(18,642
)
  
37,391
    
–
    
37,391
  
Cash used for financing activities – discontinued operations
  
(152
)
  
–
    
(152
)
  
(146
)
  
–
    
(146
)
  
(6
)
  
–
    
(6
)
Cash from (used for) financing activities
  
28,212
    
(275
)
  
27,937
    
(18,788
)
  
–
    
(18,788
)
  
37,385
    
–
    
37,385
  
                                                       
Increase (decrease) in cash and equivalents during year
  
1,755
    
–
    
1,755
    
2,222
    
–
    
2,222
    
(2,890
)
  
–
    
(2,890
)
Cash and equivalents at beginning of year
  
14,276
    
–
    
14,276
    
4,480
    
–
    
4,480
    
12,629
    
–
    
12,629
  
Cash and equivalents at end of year
  
16,031
    
–
    
16,031
    
6,702
    
–
    
6,702
    
9,739
    
–
    
9,739
  
Less cash and equivalents of discontinued operations at end of year
  
284
    
–
    
284
    
–
    
–
    
–
    
284
    
–
    
284
  
Cash and equivalents of continuing operations at end of year
$
15,747
  
$
–
  
$
15,747
  
$
6,702
  
$
–
  
$
6,702
  
$
9,455
  
$
–
  
$
9,455
  

(a)
Represents the adding together of all affiliated companies except General Electric Capital Services, Inc. (GECS or financial services) which is presented on a one-line basis.
Separate information is shown for “GE” and “Financial Services (GECS).” Transactions between GE and GECS have been eliminated from the “Consolidated” columns.

 

 
(3)
 
 

Condensed Statement of Cash Flows
General Electric Company and consolidated affiliates
 
 
Nine months ended September 30 (Unaudited)
  
 
Consolidated
  
GE(a)
  
Financial Services (GECS)
  
 
2007
  
2007
  
2007
  
(In millions)
As
reported
  
Adjust-
ment
  
As
adjusted
  
As
reported
  
Adjust-
ment
  
As
adjusted
  
As
reported
  
Adjust-
ment
  
As
adjusted
  
                                                       
Cash flows – operating activities
                                                      
Net earnings
$
15,521
  
$
–
  
$
15,521
  
$
15,521
  
$
–
  
$
15,521
  
$
7,056
  
$
–
  
$
7,056
  
Loss (earnings) of discontinued operations
  
135
    
–
    
135
    
(1,868
)
  
–
    
(1,868
)
  
2,003
    
–
    
2,003
  
Adjustments to reconcile net earnings to cash
                                                      
provided from operating activities
                                                      
Depreciation and amortization of property, plant and equipment
  
7,432
    
–
    
7,432
    
1,577
    
–
    
1,577
    
5,855
    
–
    
5,855
  
Net earnings retained by GECS
  
–
    
–
    
–
    
(1,185
)
  
–
    
(1,185
)
  
–
    
–
    
–
  
Deferred income taxes
  
778
    
–
    
778
    
239
    
–
    
239
    
539
    
–
    
539
  
Decrease (increase) in GE current receivables
  
(230
)
  
(526
)
  
(756
)
  
406
    
–
    
406
    
–
    
–
    
–
  
Increase in inventories
  
(1,963
)
  
(54
)
  
(2,017
)
  
(1,959
)
  
–
    
(1,959
)
  
(4
)
  
–
    
(4
)
Decrease in accounts payable
  
(1,979
)
  
(754
)
  
(2,733
)
  
(1,071
)
  
–
    
(1,071
)
  
(611
)
  
(816
)
  
(1,427
)
Increase in GE progress collections
  
2,805
    
193
    
2,998
    
2,805
    
–
    
2,805
    
–
    
–
    
–
  
Provision for losses on GECS financing receivables
  
3,216
    
–
    
3,216
    
–
    
–
    
–
    
3,216
    
–
    
3,216
  
All other operating activities
  
(963
)
  
499
    
(464
)
  
2,202
    
–
    
2,202
    
(3,039
)
  
–
    
(3,039
)
Cash from operating activities – continuing operations
  
24,752
    
(642
)
  
24,110
    
16,667
    
–
    
16,667
    
15,015
    
(816
)
  
14,199
  
Cash from (used for) operating activities – discontinued operations
  
3,917
    
198
    
4,115
    
(856
)
  
–
    
(856
)
  
4,773
    
–
    
4,773
  
Cash from operating activities
  
28,669
    
(444
)
  
28,225
    
15,811
    
–
    
15,811
    
19,788
    
(816
)
  
18,972
  
                                                       
Cash flows – investing activities
                                                      
Additions to property, plant and equipment
  
(12,195
)
  
78
    
(12,117
)
  
(2,025
)
  
–
    
(2,025
)
  
(10,335
)
  
–
    
(10,335
)
Dispositions of property, plant and equipment
  
7,228
    
–
    
7,228
    
–
    
–
    
–
    
7,228
    
–
    
7,228
  
Net increase in GECS financing receivables
  
(24,675
)
  
320
    
(24,355
)
  
–
    
–
    
–
    
(24,535
)
  
–
    
(24,535
)
Payments for principal businesses purchased
  
(14,910
)
  
–
    
(14,910
)
  
(7,388
)
  
–
    
(7,388
)
  
(7,522
)
  
–
    
(7,522
)
Proceeds from sales of discontinued operations
  
11,457
    
–
    
11,457
    
10,826
    
–
    
10,826
    
–
    
–
    
–
  
Proceeds from principal business dispositions
  
2,114
    
–
    
2,114
    
1,012
    
–
    
1,012
    
1,102
    
–
    
1,102
  
All other investing activities
  
(7,643
)
  
746
    
(6,897
)
  
(2,108
)
  
–
    
(2,108
)
  
(5,441
)
  
816
    
(4,625
)
Cash from (used for) investing activities – continuing operations
  
(38,624
)
  
1,144
    
(37,480
)
  
317
    
–
    
317
    
(39,503
)
  
816
    
(38,687
)
Cash from (used for) investing activities – discontinued operations
  
(3,805
)
  
(198)
    
(4,003
)
  
1,002
    
–
    
1,002
    
(4,807
)
  
–
    
(4,807
)
Cash from (used for) investing activities
  
(42,429
)
  
946
    
(41,483
)
  
1,319
    
–
    
1,319
    
(44,310
)
  
816
    
(43,494
)
                                                       
Cash flows – financing activities
                                                      
Net decrease in borrowings (maturities of 90 days or less)
  
(8,087
)
  
(502
)
  
(8,589
)
  
(2,853
)
  
–
    
(2,853
)
  
(8,467
)
  
–
    
(8,467
)
Newly issued debt (maturities longer than 90 days)
  
81,448
    
–
    
81,448
    
4,663
    
–
    
4,663
    
76,832
    
–
    
76,832
  
Repayments and other reductions (maturities longer than 90 days)
  
(36,801
)
  
–
    
(36,801
)
  
(171
)
  
–
    
(171
)
  
(36,630
)
  
–
    
(36,630
)
Net purchases of GE shares for treasury
  
(7,220
)
  
–
    
(7,220
)
  
(7,220
)
  
–
    
(7,220
)
  
–
    
–
    
–
  
Dividends paid to shareowners
  
(8,651
)
  
–
    
(8,651
)
  
(8,651
)
  
–
    
(8,651
)
  
(5,871
)
  
–
    
(5,871
)
All other financing activities
  
(1,068
)
  
–
    
(1,068
)
  
–
    
–
    
–
    
(1,068
)
  
–
    
(1,068
)
Cash from (used for) financing activities – continuing operations
  
19,621
    
(502
)
  
19,119
    
(14,232
)
  
–
    
(14,232
)
  
24,796
    
–
    
24,796
  
Cash used for financing activities – discontinued operations
  
(149
)
  
–
    
(149
)
  
(146
)
  
–
    
(146
)
  
(3
)
  
–
    
(3
)
Cash from (used for) financing activities
  
19,472
    
(502
)
  
18,970
    
(14,378
)
  
–
    
(14,378
)
  
24,793
    
–
    
24,793
  
                                                       
Increase in cash and equivalents
  
5,712
    
–
    
5,712
    
2,752
    
–
    
2,752
    
271
    
–
    
271
  
Cash and equivalents at beginning of year
  
14,276
    
–
    
14,276
    
4,480
    
–
    
4,480
    
12,629
    
–
    
12,629
  
Cash and equivalents at September 30
  
19,988
    
–
    
19,988
    
7,232
    
–
    
7,232
    
12,900
    
–
    
12,900
  
Less cash and equivalents of discontinued operations at September 30
  
140
    
–
    
140
    
–
    
–
    
–
    
140
    
–
    
140
  
Cash and equivalents of continuing operations at September 30
$
19,848
  
$
–
  
$
19,848
  
$
7,232
  
$
–
  
$
7,232
  
$
12,760
  
$
–
  
$
12,760
  

(a)
Represents the adding together of all affiliated companies except General Electric Capital Services, Inc. (GECS or financial services) which is presented on a one-line basis.
Separate information is shown for “GE” and “Financial Services (GECS).” Transactions between GE and GECS have been eliminated from the “Consolidated” columns.

 

 
(4)
 
 

Condensed Statement of Cash Flows
General Electric Company and consolidated affiliates
 
 
Six months ended June 30 (Unaudited)
  
 
Consolidated
  
GE(a)
  
Financial Services (GECS)
  
 
2007
  
2007
  
2007
  
(In millions)
As
reported
  
Adjust-
ment
  
As
adjusted
  
As
reported
  
Adjust-
ment
  
As
adjusted
  
As
reported
  
Adjust-
ment
  
As
adjusted
  
                                                       
Cash flows – operating activities
                                                      
Net earnings
$
9,928
  
$
–
  
$
9,928
  
$
9,928
  
$
–
  
$
9,928
  
$
5,189
  
$
–
  
$
5,189
  
Loss (earnings) from discontinued operations
  
(62
)
  
–
    
(62
)
  
(65
)
  
–
    
(65
)
  
3
    
–
    
3
  
Adjustments to reconcile net earnings to cash
                                                      
provided from operating activities
                                                      
Depreciation and amortization of property, plant and equipment
  
4,864
    
–
    
4,864
    
994
    
–
    
994
    
3,870
    
–
    
3,870
  
Net earnings retained by GECS
  
–
    
–
    
–
    
(557
)
  
–
    
(557
)
  
–
    
–
    
–
  
Deferred income taxes
  
361
    
–
    
361
    
87
    
–
    
87
    
274
    
–
    
274
  
Decrease in GE current receivables
  
615
    
129
    
744
    
1,606
    
–
    
1,606
    
–
    
–
    
–
  
Decrease (increase) in inventories
  
(1,362
)
  
(39
)
  
(1,401
)
  
(1,372
)
  
–
    
(1,372
)
  
10
    
–
    
10
  
Increase (decrease) in accounts payable
  
(598
)
  
80
    
(518
)
  
(573
)
  
–
    
(573
)
  
244
    
–
    
244
  
Increase in GE progress collections
  
1,601
    
157
    
1,758
    
1,601
    
–
    
1,601
    
–
    
–
    
–
  
Provision for losses on GECS financing receivables
  
2,475
    
–
    
2,475
    
–
    
–
    
–
    
2,475
    
–
    
2,475
  
All other operating activities
  
681
    
(119
)
  
562
    
(90
)
  
–
    
(90
)
  
795
    
–
    
795
  
Cash from operating activities - continuing operations
  
18,503
    
208
    
18,711
    
11,559
    
–
    
11,559
    
12,860
    
–
    
12,860
  
Cash used for operating activities - discontinued operations
  
(71
)
  
(280
)
  
(351
)
  
(54
)
  
–
    
(54
)
  
(17
)
  
–
    
(17
)
Cash from operating activities
  
18,432
    
(72
)
  
18,360
    
11,505
    
–
    
11,505
    
12,843
    
–
    
12,843
  
                                                       
Cash flows – investing activities
                                                      
Additions to property, plant and equipment
  
(8,950
)
  
13
    
(8,937
)
  
(1,569
)
  
–
    
(1,569
)
  
(7,498
)
  
–
    
(7,498
)
Dispositions of property, plant and equipment
  
4,805
    
–
    
4,805
    
–
    
–
    
–
    
4,805
    
–
    
4,805
  
Net increase in GECS financing receivables
  
(10,835
)
  
(260
)
  
(11,095
)
  
–
    
–
    
–
    
(11,798
)
  
–
    
(11,798
)
Payments for principal businesses purchased
  
(13,185
)
  
–
    
(13,185
)
  
(7,356
)
  
–
    
(7,356
)
  
(5,829
)
  
–
    
(5,829
)
Proceeds from sales of discontinued operations
  
–
    
–
    
–
    
–
    
–
    
–
    
–
    
–
    
–
  
Proceeds from principal business dispositions
  
2,114
    
–
    
2,114
    
1,012
    
–
    
1,012
    
1,102
    
–
    
1,102
  
All other investing activities
  
(4,162
)
  
229
    
(3,933
)
  
(622
)
  
–
    
(622
)
  
(3,584
)
  
–
    
(3,584
)
Cash used for investing activities – continuing operations
  
(30,213
)
  
(18
)
  
(30,231
)
  
(8,535
)
  
–
    
(8,535
)
  
(22,802
)
  
–
    
(22,802
)
Cash from investing activities – discontinued operations
  
195
    
280
    
475
    
178
    
–
    
178
    
17
    
–
    
17
  
Cash used for investing activities
  
(30,018
)
  
262
    
(29,756
)
  
(8,357
)
  
–
    
(8,357
)
  
(22,785
)
  
–
    
(22,785
)
                                                       
Cash flows – financing activities
                                                      
Net decrease in borrowings (maturities of 90 days or less)
  
(6,694
)
  
(190
)
  
(6,884
)
  
(2,805
)
  
–
    
(2,805
)
  
(6,623
)
  
–
    
(6,623
)
Newly issued debt (maturities longer than 90 days)
  
52,364
    
–
    
52,364
    
4,679
    
–
    
4,679
    
47,734
    
–
    
47,734
  
Repayments and other reductions (maturities longer than 90 days)
  
(24,645
)
  
–
    
(24,645
)
  
(125
)
  
–
    
(125
)
  
(24,520
)
  
–
    
(24,520
)
Net purchase of GE treasury shares
  
(1,392
)
  
–
    
(1,392
)
  
(1,392
)
  
–
    
(1,392
)
  
–
    
–
    
–
  
Dividends paid to shareowners
  
(5,768
)
  
–
    
(5,768
)
  
(5,768
)
  
–
    
(5,768
)
  
(4,632
)
  
–
    
(4,632
)
All other financing activities
  
(580
)
  
–
    
(580
)
  
–
    
–
    
–
    
(580
)
  
–
    
(580
)
Cash from (used for) financing activities – continuing operations
  
13,285
    
(190
)
  
13,095
    
(5,411
)
  
–
    
(5,411
)
  
11,379
    
–
    
11,379
  
Cash used for financing activities – discontinued operations
  
(124
)
  
–
    
(124
)
  
(124
)
  
–
    
(124
)
  
–
    
–
    
–
  
Cash from (used for) financing activities
  
13,161
    
(190
)
  
12,971
    
(5,535
)
  
–
    
(5,535
)
  
11,379
    
–
    
11,379
  
                                                       
Increase (decrease) in cash and equivalents
  
1,575
    
–
    
1,575
    
(2,387
)
  
–
    
(2,387
)
  
1,437
    
–
    
1,437
  
Cash and equivalents at beginning of year
  
14,275
    
–
    
14,275
    
4,480
    
–
    
4,480
    
12,629
    
–
    
12,629
  
Cash and equivalents at June 30
  
15,850
    
–
    
15,850
    
2,093
    
–
    
2,093
    
14,066
    
–
    
14,066
  
Less cash and equivalents of discontinued operations at June 30
  
–
    
–
    
–
    
–
    
–
    
–
    
–
    
–
    
–
  
Cash and equivalents of continuing operations at June 30
$
15,850
  
$
–
  
$
15,850
  
$
2,093
  
$
–
  
$
2,093
  
$
14,066
  
$
–
  
$
14,066
  

(a)
Represents the adding together of all affiliated companies except General Electric Capital Services, Inc. (GECS or financial services) which is presented on a one-line basis.
Separate information is shown for “GE” and “Financial Services (GECS).” Transactions between GE and GECS have been eliminated from the “Consolidated” columns.

 

 
(5)
 
 

Condensed Statement of Cash Flows
General Electric Company and consolidated affiliates
 
 
Three months ended March 31 (Unaudited)
  
 
Consolidated
  
GE(a)
  
Financial Services (GECS)
  
 
2007
  
2007
  
2007
  
(In millions)
As
reported
  
Adjust-
ment
  
As
adjusted
  
As
reported
  
Adjust-
ment
  
As
adjusted
  
As
reported
  
Adjust-
ment
  
As
adjusted
  
                                                       
Cash flows – operating activities
                                                      
Net earnings
$
4,571
  
$
–
  
$
4,571
  
$
4,571
  
$
–
  
$
4,571
  
$
3,023
  
$
–
  
$
3,023
  
Loss from discontinued operations
  
357
    
–
    
357
    
357
    
–
    
357
    
401
    
–
    
401
  
Adjustments to reconcile net earnings to cash
                                                      
provided from operating activities
                                                      
Depreciation and amortization of property, plant and equipment
  
2,440
    
–
    
2,440
    
518
    
–
    
518
    
1,922
    
–
    
1,922
  
Net earnings from continuing operations retained by GECS
  
–
    
–
    
–
    
448
    
–
    
448
    
–
    
–
    
–
  
Deferred income taxes
  
89
    
–
    
89
    
11
    
–
    
11
    
78
    
–
    
78
  
Decrease in GE current receivables
  
1,483
    
50
    
1,533
    
1,463
    
–
    
1,463
    
–
    
–
    
–
  
Increase in inventories
  
(1,155
)
  
(18
)
  
(1,173
)
  
(1,149
)
  
–
    
(1,149
)
  
(6
)
  
–
    
(6
)
Decrease in accounts payable
  
(800
)
  
373
    
(427
)
  
(530
)
  
–
    
(530
)
  
(110
)
  
–
    
(110
)
Increase in GE progress collections
  
680
    
150
    
830
    
680
    
–
    
680
    
–
    
–
    
–
  
Provision for losses on GECS financing receivables
  
936
    
–
    
936
    
–
    
–
    
–
    
936
    
–
    
936
  
All other operating activities
  
(3,906
)
  
160
    
(3,746
)
  
955
    
–
    
955
    
(4,610
)
  
–
    
(4,610
)
Cash from operating activities - continuing operations
  
4,695
    
715
    
5,410
    
7,324
    
–
    
7,324
    
1,634
    
–
    
1,634
  
Cash from operating activities - discontinued operations
  
247
    
(62
)
  
185
    
50
    
–
    
50
    
197
    
–
    
197
  
Cash from operating activities
  
4,942
    
653
    
5,595
    
7,374
    
–
    
7,374
    
1,831
    
–
    
1,831
  
                                                       
Cash flows – investing activities
                                                      
Additions to property, plant and equipment
  
(4,751
)
  
(2
)
  
(4,753
)
  
(767
)
  
–
    
(767
)
  
(4,049
)
  
–
    
(4,049
)
Dispositions of property, plant and equipment
  
2,715
    
–
    
2,715
    
–
    
–
    
–
    
2,715
    
–
    
2,715
  
Net increase in GECS financing receivables
  
(1,211
)
  
(180
)
  
(1,391
)
  
–
    
–
    
–
    
(1,082
)
  
–
    
(1,082
)
Proceeds from sale of discontinued operations
  
–
    
–
    
–
    
–
    
–
    
–
    
–
    
–
    
–
  
Proceeds from principal business dispositions
  
1,131
    
–
    
1,131
    
29
    
–
    
29
    
1,102
    
–
    
1,102
  
Payments for principal businesses purchased
  
(5,752
)
  
–
    
(5,752
)
  
(2,218
)
  
–
    
(2,218
)
  
(3,534
)
  
–
    
(3,534
)
All other investing activities
  
946
    
(189
)
  
757
    
134
    
–
    
134
    
739
    
–
    
739
  
Cash used for investing activities – continuing operations
  
(6,922
)
  
(371
)
  
(7,293
)
  
(2,822
)
  
–
    
(2,822
)
  
(4,109
)
  
–
    
(4,109
)
Cash used for investing activities – discontinued operations
  
(254
)
  
62
    
(192
)
  
(42
)
  
–
    
(42
)
  
(212
)
  
–
    
(212
)
Cash used for investing activities
  
(7,176
)
  
(309
)
  
(7,485
)
  
(2,864
)
  
–
    
(2,864
)
  
(4,321
)
  
–
    
(4,321
)
                                                       
Cash flows – financing activities
                                                      
Net decrease in borrowings (maturities of 90 days or less)
  
(8,691
)
  
(344
)
  
(9,035
)
  
(1,677
)
  
–
    
(1,677
)
  
(7,227
)
  
–
    
(7,227
)
Newly issued debt (maturities longer than 90 days)
  
34,218
    
–
    
34,218
    
4,654
    
–
    
4,654
    
29,551
    
–
    
29,551
  
Repayments and other reductions (maturities longer than 90 days)
  
(15,195
)
  
–
    
(15,195
)
  
(50
)
  
–
    
(50
)
  
(15,145
)
  
–
    
(15,145
)
Net dispositions of GE shares for treasury
  
53
    
–
    
53
    
53
    
–
    
53
    
–
    
–
    
–
  
Dividends paid to shareowners
  
(2,886
)
  
–
    
(2,886
)
  
(2,886
)
  
–
    
(2,886
)
  
(3,872
)
  
–
    
(3,872
)
All other financing activities
  
(273
)
  
–
    
(273
)
  
–
    
–
    
–
    
(273
)
  
–
    
(273
)
Cash from financing activities – continuing operations
  
7,226
    
(344
)
  
6,882
    
94
    
–
    
94
    
3,034
    
–
    
3,034
  
Cash used for financing activities – discontinued operations
  
(8
)
  
–
    
(8
)
  
(8
)
  
–
    
(8
)
  
–
    
–
    
–
  
Cash from financing activities
  
7,218
    
(344
)
  
6,874
    
86
    
–
    
86
    
3,034
    
–
    
3,034
  
                                                       
Increase in cash and equivalents
  
4,984
    
–
    
4,984
    
4,596
    
–
    
4,596
    
544
    
–
    
544
  
Cash and equivalents at beginning of year
  
14,276
    
–
    
14,276
    
4,480
    
–
    
4,480
    
12,629
    
–
    
12,629
  
Cash and equivalents at March 31
  
19,260
    
–
    
19,260
    
9,076
    
–
    
9,076
    
13,173
    
–
    
13,173
  
Less cash and equivalents of discontinued operations at March 31
  
162
    
–
    
162
    
–
    
–
    
–
    
162
    
–
    
162
  
Cash and equivalents of continuing operations at March 31
$
19,098
  
$
–
  
$
19,098
  
$
9,076
  
$
–
  
$
9,076
  
$
13,011
  
$
–
  
$
13,011
  

(a)
Represents the adding together of all affiliated companies except General Electric Capital Services, Inc. (GECS or financial services) which is presented on a one-line basis.
Separate information is shown for “GE” and “Financial Services (GECS).” Transactions between GE and GECS have been eliminated from the “Consolidated” columns.

 

 
(6)
 
 

Statement of Cash Flows
General Electric Company and consolidated affiliates
 
 
Twelve months ended December 31 (Unaudited)
  
 
Consolidated
  
GE(a)
  
Financial Services (GECS)
  
 
2006
  
2006
  
2006
  
(In millions)
As
reported
  
Adjust-
ment
  
As
adjusted
  
As
reported
  
Adjust-
ment
  
As
adjusted
  
As
reported
  
Adjust-
ment
  
As
adjusted
  
                                                       
Cash flows – operating activities
                                                      
Net earnings
$
20,742
  
$
–
  
$
20,742
  
$
20,742
  
$
–
  
$
20,742
  
$
10,658
  
$
–
  
$
10,658
  
Earnings from discontinued operations
  
(1,362
)
  
–
    
(1,362
)
  
(1,362
)
  
–
    
(1,362
)
  
(403
)
  
–
    
(403
)
Adjustments to reconcile net earnings to cash
                                                      
provided from operating activities
                                                      
Depreciation and amortization of property, plant and equipment
  
8,459
    
–
    
8,459
    
1,953
    
–
    
1,953
    
6,506
    
–
    
6,506
  
Earnings from continuing operations retained by GECS
  
–
    
–
    
–
    
(408
)
  
–
    
(408
)
  
–
    
–
    
–
  
Deferred income taxes
  
1,710
    
–
    
1,710
    
703
    
–
    
703
    
1,007
    
–
    
1,007
  
Decrease (increase) in GE current receivables
  
(2,205
)
  
11
    
(2,194
)
  
760
    
–
    
760
    
–
    
–
    
–
  
Increase in inventories
  
(1,481
)
  
(33
)
  
(1,514
)
  
(1,458
)
  
–
    
(1,458
)
  
(23
)
  
–
    
(23
)
Increase (decrease) in accounts payable
  
(36
)
  
99
    
63
    
289
    
–
    
289
    
185
    
–
    
185
  
Increase in GE progress collections
  
927
    
(285
)
  
642
    
927
    
–
    
927
    
–
    
–
    
–
  
Provision for losses on GECS financing receivables
  
3,130
    
–
    
3,130
    
–
    
–
    
–
    
3,130
    
–
    
3,130
  
All other operating activities
  
2,152
    
888
    
3,040
    
1,626
    
–
    
1,626
    
723
    
–
    
723
  
Cash from operating activities - continuing operations
  
32,036
    
680
    
32,716
    
23,772
    
–
    
23,772
    
21,783
    
–
    
21,783
  
Cash from (used for) operating activities - discontinued operations
  
(1,390
)
  
129
    
(1,261
)
  
855
    
–
    
855
    
(2,245
)
  
–
    
(2,245
)
Cash from operating activities
  
30,646
    
809
    
31,455
    
24,627
    
–
    
24,627
    
19,538
    
–
    
19,538
  
                                                       
Cash flows – investing activities
                                                      
Additions to property, plant and equipment
  
(15,912
)
  
122
    
(15,790
)
  
(2,913
)
  
–
    
(2,913
)
  
(13,170
)
  
–
    
(13,170
)
Dispositions of property, plant and equipment
  
6,796
    
–
    
6,796
    
–
    
–
    
–
    
6,796
    
–
    
6,796
  
Net increase in GECS financing receivables
  
(37,651
)
  
212
    
(37,439
)
  
–
    
–
    
–
    
(40,563
)
  
–
    
(40,563
)
Proceeds from sales of discontinued operations
  
11,009
    
–
    
11,009
    
1,987
    
–
    
1,987
    
9,022
    
–
    
9,022
  
Proceeds from principal business dispositions
  
1,883
    
–
    
1,883
    
1,497
    
–
    
1,497
    
386
    
–
    
386
  
Payments for principal businesses purchased
  
(11,573
)
  
–
    
(11,573
)
  
(4,274
)
  
–
    
(4,274
)
  
(7,299
)
  
–
    
(7,299
)
All other investing activities
  
(4,553
)
  
(1,450
)
  
(6,003
)
  
100
    
–
    
100
    
(5,945
)
  
–
    
(5,945
)
Cash used for investing activities – continuing operations
  
(50,001
)
  
(1,116
)
  
(51,117
)
  
(3,603
)
  
–
    
(3,603
)
  
(50,773
)
  
–
    
(50,773
)
Cash used for investing activities – discontinued operations
  
(1,401
)
  
(129
)
  
(1,530
)
  
(914
)
  
–
    
(914
)
  
(487
)
  
–
    
(487
)
Cash used for investing activities
  
(51,402
)
  
(1,245
)
  
(52,647
)
  
(4,517
)
  
–
    
(4,517
)
  
(51,260
)
  
–
    
(51,260
)
                                                       
Cash flows – financing activities
                                                      
Net increase in borrowings (maturities of 90 days or less)
  
4,527
    
436
    
4,963
    
1,233
    
–
    
1,233
    
6,464
    
–
    
6,464
  
Newly issued debt (maturities longer than 90 days)
  
88,360
    
–
    
88,360
    
130
    
–
    
130
    
88,276
    
–
    
88,276
  
Repayments and other reductions (maturities longer than 90 days)
  
(49,337
)
  
–
    
(49,337
)
  
(93
)
  
–
    
(93
)
  
(49,244
)
  
–
    
(49,244
)
Net purchases of GE shares for treasury
  
(8,554
)
  
–
    
(8,554
)
  
(8,554
)
  
–
    
(8,554
)
  
–
    
–
    
–
  
Dividends paid to shareowners
  
(10,420
)
  
–
    
(10,420
)
  
(10,420
)
  
–
    
(10,420
)
  
(9,847
)
  
–
    
(9,847
)
All other financing activities
  
(1,174
)
  
–
    
(1,174
)
  
–
    
–
    
–
    
(1,174
)
  
–
    
(1,174
)
Cash from (used for) financing activities – continuing operations
  
23,402
    
436
    
23,838
    
(17,704
)
  
–
    
(17,704
)
  
34,475
    
–
    
34,475
  
Cash from (used for) financing activities – discontinued operations
  
(171
)
  
–
    
(171
)
  
59
    
–
    
59
    
(230
)
  
–
    
(230
)
Cash from (used for) financing activities
  
23,231
    
436
    
23,667
    
(17,645
)
  
–
    
(17,645
)
  
34,245
    
–
    
34,245
  
                                                       
Increase in cash and equivalents during year
  
2,475
    
–
    
2,475
    
2,465
    
–
    
2,465
    
2,523
    
–
    
2,523
  
Cash and equivalents at beginning of year
  
11,801
    
–
    
11,801
    
2,015
    
–
    
2,015
    
10,106
    
–
    
10,106
  
Cash and equivalents at end of year
  
14,276
    
–
    
14,276
    
4,480
    
–
    
4,480
    
12,629
    
–
    
12,629
  
Less cash and equivalents of discontinued operations at end of year
  
177
    
–
    
177
    
–
    
–
    
–
    
177
    
–
    
177
  
Cash and equivalents of continuing operations at end of year
$
14,099
  
$
–
  
$
14,099
  
$
4,480
  
$
–
  
$
4,480
  
$
12,452
  
$
–
  
$
12,452
  

(a)
Represents the adding together of all affiliated companies except General Electric Capital Services, Inc. (GECS or financial services) which is presented on a one-line basis.
Separate information is shown for “GE” and “Financial Services (GECS).” Transactions between GE and GECS have been eliminated from the “Consolidated” columns.

 

 
(7)
 
 

Statement of Cash Flows
General Electric Company and consolidated affiliates
 
 
Twelve months ended December 31 (Unaudited)
  
 
Consolidated
  
GE(a)
  
Financial Services (GECS)
  
 
2005
  
2005
  
2005
  
(In millions)
As
reported
  
Adjust-
ment
  
As
adjusted
  
As
reported
  
Adjust-
ment
  
As
adjusted
  
As
reported
  
Adjust-
ment
  
As
adjusted
  
                                                       
Cash flows – operating activities
                                                      
Net earnings
$
16,720
  
$
–
  
$
16,720
  
$
16,720
  
$
–
  
$
16,720
  
$
7,577
  
$
–
  
$
7,577
  
Loss from discontinued operations
  
634
    
–
    
634
    
634
    
–
    
634
    
1,427
    
–
    
1,427
  
Adjustments to reconcile net earnings to cash
                                                      
provided from operating activities
                                                      
Depreciation and amortization of property, plant and equipment
  
7,841
    
–
    
7,841
    
1,845
    
–
    
1,845
    
5,996
    
–
    
5,996
  
Earnings from continuing operations retained by GECS
  
–
    
–
    
–
    
(1,188
)
  
–
    
(1,188
)
  
–
    
–
    
–
  
Deferred income taxes
  
(1,063
)
  
–
    
(1,063
)
  
(119
)
  
–
    
(119
)
  
(944
)
  
–
    
(944
)
Increase in GE current receivables
  
(1,090
)
  
(1,019
)
  
(2,109
)
  
(382
)
  
–
    
(382
)
  
–
    
–
    
–
  
Decrease (increase) in inventories
  
(556
)
  
–
    
(556
)
  
(586
)
  
–
    
(586
)
  
30
    
–
    
30
  
Increase (decrease) in accounts payable
  
240
    
(231
)
  
9
    
891
    
(93
)
  
798
    
(310
)
  
–
    
(310
)
Increase in GE progress collections
  
510
    
(372
)
  
138
    
510
    
–
    
510
    
–
    
–
    
–
  
Provision for losses on GECS financing receivables
  
3,239
    
–
    
3,239
    
–
    
–
    
–
    
3,239
    
–
    
3,239
  
All other operating activities
  
3,628
    
87
    
3,715
    
1,577
    
–
    
1,577
    
1,918
    
–
    
1,918
  
Cash from operating activities – continuing operations
  
30,103
    
(1,535
)
  
28,568
    
19,902
    
(93
)
  
19,809
    
18,933
    
–
    
18,933
  
Cash from operating activities – discontinued operations
  
7,588
    
101
    
7,689
    
1,707
    
–
    
1,707
    
5,881
    
–
    
5,881
  
Cash from operating activities
  
37,691
    
(1,434
)
  
36,257
    
21,609
    
(93
)
  
21,516
    
24,814
    
–
    
24,814
  
                                                       
Cash flows – investing activities
                                                      
Additions to property, plant and equipment
  
(13,762
)
  
343
    
(13,419
)
  
(2,225
)
  
93
    
(2,132
)
  
(11,597
)
  
–
    
(11,597
)
Dispositions of property, plant and equipment
  
6,019
    
–
    
6,019
    
–
    
–
    
–
    
6,019
    
–
    
6,019
  
Net increase in GECS financing receivables
  
(15,834
)
  
1,141
    
(14,693
)
  
–
    
–
    
–
    
(16,388
)
  
–
    
(16,388
)
Proceeds from sales of discontinued operations
  
8,106
    
–
    
8,106
    
–
    
–
    
–
    
8,106
    
–
    
8,106
  
Proceeds from principal business dispositions
  
476
    
–
    
476
    
267
    
–
    
267
    
209
    
–
    
209
  
Payments for principal businesses purchased
  
(11,436
)
  
–
    
(11,436
)
  
(4,269
)
  
–
    
(4,269
)
  
(7,167
)
  
–
    
(7,167
)
All other investing activities
  
(350
)
  
25
    
(325
)
  
1,519
    
–
    
1,519
    
(2,444
)
  
–
    
(2,444
)
Cash used for investing activities – continuing operations
  
(26,781
)
  
1,509
    
(25,272
)
  
(4,708
)
  
93
    
(4,615
)
  
(23,262
)
  
–
    
(23,262
)
Cash used for investing activities – discontinued operations
  
(8,318
)
  
(101
)
  
(8,419
)
  
(1,733
)
  
–
    
(1,733
)
  
(6,585
)
  
–
    
(6,585
)
Cash used for investing activities
  
(35,099
)
  
1,408
    
(33,691
)
  
(6,441
)
  
93
    
(6,348
)
  
(29,847
)
  
–
    
(29,847
)
                                                       
Cash flows – financing activities
                                                      
Net decrease in borrowings (maturities of 90 days or less)
  
(4,622
)
  
26
    
(4,596
)
  
(418
)
  
–
    
(418
)
  
(4,040
)
  
–
    
(4,040
)
Newly issued debt (maturities longer than 90 days)
  
66,524
    
–
    
66,524
    
1,704
    
–
    
1,704
    
65,055
    
–
    
65,055
  
Repayments and other reductions (maturities longer than 90 days)
  
(53,130
)
  
–
    
(53,130
)
  
(3,424
)
  
–
    
(3,424
)
  
(49,706
)
  
–
    
(49,706
)
Net purchases of GE shares for treasury
  
(4,844
)
  
–
    
(4,844
)
  
(4,844
)
  
–
    
(4,844
)
  
–
    
–
    
–
  
Dividends paid to shareowners
  
(9,352
)
  
–
    
(9,352
)
  
(9,352
)
  
–
    
(9,352
)
  
(7,816
)
  
–
    
(7,816
)
All other financing activities
  
(1,128
)
  
–
    
(1,128
)
  
–
    
–
    
–
    
(1,128
)
  
–
    
(1,128
)
Cash from (used for) financing activities – continuing operations
  
(6,552
)
  
26
    
(6,526
)
  
(16,334
)
  
–
    
(16,334
)
  
2,365
    
–
    
2,365
  
Cash from financing activities – discontinued operations
  
433
    
–
    
433
    
26
    
–
    
26
    
407
    
–
    
407
  
Cash from (used for) financing activities
  
(6,119
)
  
26
    
(6,093
)
  
(16,308
)
  
–
    
(16,308
)
  
2,772
    
–
    
2,772
  
                                                       
Decrease in cash and equivalents during year
  
(3,527
)
  
–
    
(3,527
)
  
(1,140
)
  
–
    
(1,140
)
  
(2,261
)
  
–
    
(2,261
)
Cash and equivalents at beginning of year
  
15,328
    
–
    
15,328
    
3,155
    
–
    
3,155
    
12,367
    
–
    
12,367
  
Cash and equivalents at end of year
  
11,801
    
–
    
11,801
    
2,015
    
–
    
2,015
    
10,106
    
–
    
10,106
  
Less cash and equivalents of discontinued operations at end of year
  
3,139
    
–
    
3,139
    
–
    
–
    
–
    
3,139
    
–
    
3,139
  
Cash and equivalents of continuing operations at end of year
$
8,662
  
$
–
  
$
8,662
  
$
2,015
  
$
–
  
$
2,015
  
$
6,967
  
$
–
  
$
6,967
  

(a)
Represents the adding together of all affiliated companies except General Electric Capital Services, Inc. (GECS or financial services) which is presented on a one-line basis.
Separate information is shown for “GE” and “Financial Services (GECS).” Transactions between GE and GECS have been eliminated from the “Consolidated” columns.

 

 
(8)