GE 2005 Annual Report Download - page 77

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(77)
2005
First quarter Second quarter Third quarter Fourth quarter
Quarterly Information (unaudited)
(In millions; per share amounts
in dollars)
As
previously
reported
As
restated
As
previously
reported
As
restated
As
previously
reported
As
restated
As
previously
reported
As
restated
Statement of Earnings
Consolidated
GECS commercial paper interest
rate swap adjustment
(a) $ – $ 358 $
–
$ (239) $ – $ 271 $
–
$ 150
Interest and other financial charges 3,679 3,667 3,793 3,782 3,727 3,714 3,988 3,975
Earnings from continuing operations
before income taxes and
accounting changes 4,351 4,721 5,365 5,137 5,717 6,001 6,696 6,859
Provision for income taxes (789 ) (934) (993) (904) (1,148) (1,259) (924) (988)
Earnings from continuing operations
before accounting changes 3,562 3,787 4,372 4,233 4,569 4,742 5,772 5,871
Earnings before accounting changes 3,965 4,190 4,647 4,508 4,677 4,850 3,064 3,163
Net earnings 3,965 4,190 4,647 4,508 4,677 4,850 3,064 3,163
(a) Included in total revenues.
Per share amounts
Earnings from continuing
operations before
accounting changes
Diluted earnings per share $ 0.33 $ 0.36 $ 0.41 $ 0.40 $ 0.43 $ 0.45 $ 0.55 $ 0.56
Basic earnings per share 0.34 0.36 0.41 0.40 0.43 0.45 0.55 0.56
Earnings before accounting
changes
Diluted earnings per share $ 0.37 $ 0.39 $ 0.44 $ 0.42 $ 0.44 $ 0.46 $ 0.29 $ 0.30
Basic earnings per share 0.37 0.40 0.44 0.43 0.44 0.46 0.29 0.30
Net earnings
Diluted earnings per share $ 0.37 $ 0.39 $ 0.44 $ 0.42 $ 0.44 $ 0.46 $ 0.29 $ 0.30
Basic earnings per share 0.37 0.40 0.44 0.43 0.44 0.46 0.29 0.30
GECS
GECS commercial paper interest
rate swap adjustment
(a) $ – $ 358 $
–
$ (239) $ – $ 271 $
–
$ 150
Interest and other financial charges 3,422 3,410 3,610 3,599 3,520 3,507 3,756 3,743
Earnings from continuing operations
before income taxes and
accounting changes 2,075 2,445 2,234 2,006 3,057 3,341 2,879 3,042
Provision for income taxes (210 ) (355) (210) (121) (480) (591) (204) (268)
Earnings from continuing operations
before accounting changes 1,865 2,090 2,024 1,885 2,577 2,750 2,675 2,774
Earnings before accounting changes 2,268 2,493 2,299 2,160 2,685 2,858 (33) 66
Net earnings 2,268 2,493 2,299 2,160 2,685 2,858 (33) 66
(a) Included in total revenues.