EX-99 6 geccex999302007.htm GECC EX99 9302007 geccex999302007.htm
 
 
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 Money 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
 
 
9/30/07(a)
 
12/31/06
 
9/30/06
 
             
Managed
1.35
%
1.22
%
1.33
%
Off-book
0.72
 
0.52
 
0.59
 
On-book
1.50
 
1.42
 
1.55
 

 
GE Money
 
 
At
 
 
9/30/07(a)
 
12/31/06
 
9/30/06
 
             
Managed
5.24
%
5.21
%
5.33
%
Off-book
5.87
 
5.49
 
5.50
 
On-book
5.16
 
5.19
 
5.32
 
             

(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 off-book securitized portfolios, which are relevant to our overall performance.