| Income Statement for General Electric Co. |
| (Amounts are in millions) |
|
12/2009 |
|
12/2008 |
|
12/2007 |
|
|
Press Release |
|
Press Release |
|
Press Release |
| Net Sales or Revenues |
|
$156,783.00 |
|
$182,515.00 |
|
$172,738.00 |
| Cost of Goods Sold |
|
$75,921.00 |
|
$83,772.00 |
|
$73,125.00 |
|
|
 |
|
|
|
|
| Gross Profit |
|
$80,862.00 |
|
$98,743.00 |
|
$99,613.00 |
| |
|
|
|
|
|
|
| Research & Development Expense |
|
$0.00 |
|
$0.00 |
|
$0.00 |
| Selling, General, & Admin. Expense |
|
$0.00 |
|
$0.00 |
|
$4,546.00 |
|
|
|
|
|
|
|
| Income Before Depreciation |
|
$80,862.00 |
|
$98,743.00 |
|
$95,067.00 |
| |
|
|
|
|
|
|
| Depreciation, Depletion, Amortization |
|
$0.00 |
|
$0.00 |
|
$0.00 |
| Non-Operating Income |
|
($51,749.00) |
|
($53,393.00) |
|
($44,682.00) |
| Interest Expense |
|
$18,769.00 |
|
$26,209.00 |
|
$23,787.00 |
|
|
|
|
|
|
|
| Pretax Income |
|
$10,344.00 |
|
$19,141.00 |
|
$26,598.00 |
| |
|
|
|
|
|
|
| Provision for Income Taxes |
|
($1,090.00) |
|
$1,052.00 |
|
$4,130.00 |
| Minority Interest |
|
$0.00 |
|
$0.00 |
|
$0.00 |
| Investment Gains (Losses) |
|
$0.00 |
|
$0.00 |
|
$0.00 |
| Other Income |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
|
|
|
|
|
|
| Income Before Extraordinaries |
|
$11,434.00 |
|
$18,089.00 |
|
$22,468.00 |
| |
|
|
|
|
|
|
| Extraordinary Items & Disc. Operations |
|
($193.00) |
|
($679.00) |
|
($260.00) |
|
|
|
|
|
|
|
| Net Income |
|
$11,241.00 |
|
$17,410.00 |
|
$22,208.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
| Basic Earnings Per Share |
|
$1.01 |
|
$1.72 |
|
$2.18 |
| Diluted Earnings Per Share |
|
$1.01 |
|
$1.72 |
|
$2.17 |
| |
|
|
|
|
|
|
| Weighted Average Basic Shares Outstanding |
|
10,614.00 |
|
10,080.00 |
|
10,182.00 |
| Weighted Average Diluted Shares Outstanding |
|
10,615.00 |
|
10,098.00 |
|
10,218.00 |
| |
|
|
|
|
|
|
| Income Before Non-Recurring Items |
|
$12,597.82 |
|
$18,164.00 |
|
$22,468.00 |
| Income From Non-Recurring Items |
|
($1,379.82) |
|
($75.00) |
|
$0.00 |
| Diluted Earnings Per Share before extras |
|
$1.16 |
|
$1.79 |
|
$2.20 |
| |
|
|
|
|
|
|
| Dividend (preferred) |
|
N/A |
|
N/A |
|
N/A |
| Dividend (common) |
|
$6,494.97 |
|
$13,065.76 |
|
$11,622.14 |
| Dividend Per Share (common) |
|
$0.61 |
|
$1.24 |
|
$1.15 |
|
