GE 2005 Annual Report Download - page 69
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(69)
Consolidated Statement of Changes in Shareowners’ Equity
(In millions)
2005
(Restated)
2004
(Restated)
2003
(Restated)
CHANGES IN SHAREOWNERS’ EQUITY (note 23)
Balance at January 1 $110,908 $ 79,662 $ 63,979
Dividends and other transactions with shareowners (13,249) 10,009 (5,520)
Changes other than transactions with shareowners
Increase attributable to net earnings 16,711 17,160 15,561
Investment securities – net (437) 412 710
Currency translation adjustments – net (4,318) 3,936 5,061
Cash flow hedges – net (47) 150 32
Minimum pension liabilities – net (217) (421 ) (161)
Total changes other than transactions with shareowners 11,692 21,237 21,203
Balance at December 31 $109,351 $ 110,908 $ 79,662
The notes to consolidated financial statements are an integral part of this statement.