GE 2006 Annual Report Download - page 92

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    
SELECTED FINANCING RECEIVABLES RATIOS
Note 14
December 31 2006 2005
ALLOWANCE FOR LOSSES ON FINANCING
RECEIVABLES AS A PERCENTAGE OF TOTAL
FINANCING RECEIVABLES
Commercial Finance
GE Money
Infrastructure
Other
Total
0.58%
2.37
0.21
0.36
1.38
0.84%
2.49
1.15
0.26
1.57
NONEARNING FINANCING RECEIVABLES
AS A PERCENTAGE OF TOTAL
FINANCING RECEIVABLES
Commercial Finance
GE Money
Infrastructure
Other
Total
1.0%
2.1
1.1
1.5
1.0%
2.1
0.1
0.7
1.4
GECS Allowance for Losses on Financing Receivables
(In millions) 2006 2005 2004
BALANCE AT JANUARY 1
Commercial Finance
GE Money
Infrastructure
$ 1,110
3,234
220
$ 1,562
3,473
583
$ 1,952
3,984
293
Other 29 30 27
4,593 5,648 6,256
PROVISION CHARGED TO OPERATIONS
Commercial Finance 121 293 327
GE Money
Infrastructure
Other
3,767
(64)
15
3,337
210
1
3,219
325
17
3,839 3,841 3,888
OTHER REDUCTIONS, NET (5) (487) (74)
GROSS WRITE-OFFS
Commercial Finance
GE Money
Infrastructure
Other
(558)
(4,773)
(112)
(34)
(892)
(4,447)
(572)
(48)
(928)
(4,423)
(27)
(74)
(5,477) (5,959) (5,452)
RECOVERIES
Commercial Finance 188 180 161
GE Money
Infrastructure
1,533
1,359
846
2
Other 9 11 21
1,730 1,550 1,030
BALANCE AT DECEMBER 31
Commercial Finance
GE Money
Infrastructure
893
3,715
44
1,110
3,234
220
1,562
3,473
583
Other 28 29 30
Total $ 4,680 $ 4,593 $ 5,648
See note 13 for amounts related to consolidated, liquidating
securitization entities.
90 ge 2006 annual report