GE 2007 Annual Report Download - page 99

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ge 2007 annual report 97
(In millions) 2007 2006 2005
GE
NET DISPOSITIONS (PURCHASES) OF GE SHARES FOR TREASURY
Open market purchases under share repurchase program $ (13,896) $ (8,054) $ (5,024)
Other purchases (1,017) (2,458) (1,844)
Dispositions 2,594 1,958 2,024
$ (12,319) $ (8,554) $ (4,844)
GECS
ALL OTHER OPERATING ACTIVITIES
Net change in other assets $ (1,513) $ (1,711) $ (969)
Amortization of intangible assets 888 604 444
Realized gains on sale of investment securities (885) (132) (377)
Other 986 1,962 2,820
$ (524) $ 723 $ 1,918
NET INCREASE IN GECS FINANCING RECEIVABLES
Increase in loans to customers $(410,336) $(372,582) $(311,585)
Principal collections from customers — loans 322,419 297,165 264,182
Investment in equipment for fi nancing leases (26,489) (25,618) (23,508)
Principal collections from customers — fi nancing leases 20,868 18,791 21,770
Net change in credit card receivables (38,378) (25,790) (21,391)
Sales of fi nancing receivables 86,548 67,471 54,144
$ (45,368) $ (40,563) $ (16,388)
ALL OTHER INVESTING ACTIVITIES
Purchases of securities by insurance activities $ (13,279) $ (11,891) $ (8,825)
Dispositions and maturities of securities by insurance activities 15,602 11,635 10,792
Other assets — investments (10,220) (6,237) (919)
Other (1,034) 548 (3,492)
$ (8,931) $ (5,945) $ (2,444)
NEWLY ISSUED DEBT HAVING MATURITIES LONGER THAN 90 DAYS
Short-term (91 to 365 days) $ 1,226 $ 1,237 $ 4,675
Long-term (longer than one year) 90,766 86,024 60,177
Proceeds — nonrecourse, leveraged lease 24 1,015 203
$ 92,016 $ 88,276 $ 65,055
REPAYMENTS AND OTHER REDUCTIONS OF DEBT HAVING MATURITIES LONGER THAN 90 DAYS
Short-term (91 to 365 days) $ (43,938) $ (42,268) $ (38,132)
Long-term (longer than one year) (4,481) (5,572) (10,743)
Principal payments — nonrecourse, leveraged lease (1,109) (1,404) (831)
$ (49,528) $ (49,244) $ (49,706)
ALL OTHER FINANCING ACTIVITIES
Proceeds from sales of investment contracts $ 12,641 $ 16,418 $ 15,806
Redemption of investment contracts (13,862) (17,603) (16,934)
Other 17 11 —
$ (1,204) $ (1,174) $ (1,128)
Certain supplemental information related to GE and GECS cash fl ows is shown below.