GE 2005 Annual Report Download - page 89

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(89)
Note 3
GE Other Income
(In millions) 2005 2004 2003
Sales of business interests $630 $464 $110
Associated companies 256 191 118
Licensing and royalty income 227 145 135
Marketable securities and bank deposits 96 92 75
Other items 555 184 207
Total $1,764 $ 1,076 $ 645
Note 4
GECS Revenues from Services
(In millions) 2005 2004 2003
Interest on loans $20,096 $ 17,314 $ 15,448
Operating lease rentals 11,582 10,744 7,199
Investment income 4,278 2,801 1,628
Fees 4,180 3,254 2,494
Financing leases 3,990 4,160 4,206
Premiums earned by insurance activities 2,951 2,428 3,432
Other income 9,692 9,353 6,343
Total(a) $56,769 $ 50,054 $ 40,750
(a) Included $1,295 million, $962 million and $867 million from consolidated, liquidating securitization entities in 2005, 2004 and 2003,
respectively. Of these amounts, $634 million in 2005 related to Australian Financial Investments Group (AFIG), a December 2004
acquisition.
Note 5
Supplemental Cost Information
Total expenditures for research and development were $3,425 million, $3,091 million and $2,656 million in 2005,
2004 and 2003, respectively. The portion we funded was $2,741 million in 2005, $2,443 million in 2004 and $2,103
million in 2003.
Rental expense under operating leases is shown below.
(In millions) 2005 2004 2003
GE $939 $874 $733
GECS
994 931 827