GE 2007 Annual Report Download - page 113

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ge 2007 annual report 111
 
The increase in off-book delinquency for GE Money in the U.S. from
5.49% at December 31, 2006, to 6.64% at December 31, 2007,
refl ects both a change in the mix of the receivables securitized
during 2007 — for example, our Care Credit receivables which
generally have a higher delinquency rate than our core private
label credit card portfolio — as well as the rise in delinquency
across the broader portfolio of U.S. credit card receivables.
We believe that delinquency rates on managed fi nancing
receivables provide a useful perspective on our on and off-book
portfolio quality and are key indicators of fi nancial performance.
Five-year financial performance graph: 2003 – 2007
COMPARISON OF FIVE-YEAR CUMULATIVE RETURN AMONG GE,
S&P 500 AND DOW JONES INDUSTRIAL AVERAGE
The annual changes for the fi ve-year period shown in the graph
on this page are based on the assumption that $100 had been
invested in GE stock, the Standard & Poor’s 500 Stock Index and
the Dow Jones Industrial Average on December 31, 2002, and
that all quarterly dividends were reinvested. The total cumulative
dollar returns shown on the graph represent the value that such
investments would have had on December 31, 2007.
2006
2005
200420032002 2007
FIVE-YEAR FINANCIAL
PERFORMANCE
(In dollars)
GE
S&P 500
DJIA
170
156
158
131
100
175
2002 2003 2004 2005 2006 2007
GE $100 $131 $158 $156 $170 $175
S&P 500 100 129 143 150 173 183
DJIA 100 128 135 137 164 178