GE 2006 Annual Report Download - page 109

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    
Note 30
Quarterly Information (Unaudited)
First quarter Second quarter Third quarter Fourth quarter
(In millions; per-share amounts in dollars) 2006 2005 2006 2005 2006 2005 2006 2005
CONSOLIDATED OPERATIONS
Earnings from continuing operations $ 4,177 $ 3,785 $ 4,948 $ 4,237 $ 4,962 $ 4,765 $ 6,579 $ 5,874
Earnings (loss) from discontinued operations 263 405 (2) 271 (95) 85 (3) (2,711)
Net earnings $ 4,440 $ 4,190 $ 4,946 $ 4,508 $ 4,867 $ 4,850 $ 6,576 $ 3,163
Per-share amounts — earnings from
continuing operations
Diluted earnings per share $ 0.40 $ 0.36 $ 0.48 $ 0.40 $ 0.48 $ 0.45 $ 0.64 $ 0.56
Basic earnings per share 0.40 0.36 0.48 0.40 0.48 0.45 0.64 0.56
Per-share amounts — earnings (loss) from
discontinued operations
Diluted earnings per share 0.03 0.04 — 0.03 (0.01) 0.01 — (0.26)
Basic earnings per share 0.03 0.04 — 0.03 (0.01) 0.01 — (0.26)
Per-share amounts — net earnings
Diluted earnings per share 0.42 0.39 0.48 0.42 0.47 0.46 0.64 0.30
Basic earnings per share 0.43 0.40 0.48 0.43 0.47 0.46 0.64 0.30
SELECTED DATA
GE
Sales of goods and services $23,086 $20,833 $24,448 $22,408 $24,478 $21,567 $27,096 $25,622
Gross profit from sales 5,781 5,824 6,701 6,358 6,283 5,978 7,644 7,455
GECS
Total revenues 14,889 13,963 15,455 13,722 16,112 15,137 17,146 14,729
Earnings from continuing operations 2,405 2,088 2,594 1,889 2,607 2,773 2,889 2,777
For GE, gross profit from sales is sales of goods and services less
costs of goods and services sold.
Earnings-per-share amounts are computed independently each
quarter for earnings from continuing operations, earnings (loss)
from discontinued operations and net earnings. As a result, the
sum of each quarter’s per-share amount may not equal the total
per-share amount for the respective year; and the sum of per-
share amounts from continuing operations and discontinued
operations may not equal the total per-share amounts for net
earnings for the respective quarters.
ge 2006 annual report 107