EX-99 6 geccex99.htm GECC EXHIBIT 99
Exhibit 99
 
Financial Measures that Supplement Generally Accepted Accounting Principles
General Electric Capital Corporation and consolidated affiliates
 
We sometimes use information derived from consolidated financial information but not presented in our financial statements prepared in accordance with U.S. generally accepted accounting principles (GAAP). Certain of these data are considered “non-GAAP financial measures” under the U.S. Securities and Exchange Commission rules. Specifically, we have referred to delinquency rates on certain financing receivables of the GE Commercial Finance and GE Consumer Finance segments. The reasons we use this non-GAAP financial measure and its reconciliation to the most directly comparable GAAP financial measures follow.
 
Delinquency Rates on Certain Financing Receivables
 
GE Commercial Finance
 
 
At
 
 
6/30/06(a)
 
12/31/05
 
6/30/05
 
             
Managed
1.29
%
1.31
%
1.31
%
Off-book
0.45
 
0.76
 
0.98
 
On-book
1.55
 
1.53
 
1.42
 

 
GE Consumer Finance
 
 
At
 
 
6/30/06(a)
 
12/31/05
 
6/30/05
 
             
Managed
5.22
%
5.08
%
5.15
%
Off-book
4.92
 
5.28
 
4.71
 
On-book
5.24
 
5.07
 
5.18
 
             

(a)
Subject to update.

 
We believe that delinquency rates on managed financing receivables provide a useful perspective of our portfolio quality and are key indicators of financial performance. Further, investors use such information, including the results of both the on-book and securitized portfolios, which are relevant to our overall performance.