GE 2008 Annual Report Download - page 92

90 ge 2008 annual report
notes to consolidated financial statements
REVENUES
Total revenues(a) Intersegment revenues (b) External revenues
(In millions) 2008 2007 2006 2008 2007 2006 2008 2007 2006
Energy Infrastructure $ 38,571 $ 30,698 $ 25,221 $ 664 $ 351 $ 488 $ 37,907 $ 30,347 $ 24,733
Technology Infrastructure 46,316 42,801 37,687 273 113 216 46,043 42,688 37,471
NBC Universal 16,969 15,416 16,188 89 35 52 16,880 15,381 16,136
Capital Finance 67,008 66,301 56,378 1,333 1,128 1,013 65,675 65,173 55,365
Consumer & Industrial 11,737 12,663 13,202 196 143 235 11,541 12,520 12,967
Corporate items and eliminations 1,914 4,609 2,892 (2,555) (1,770) (2,004) 4,469 6,379 4,896
Total $182,515 $172,488 $151,568 $— $— $—$182,515 $172,488 $151,568
(a) Revenues of GE businesses include income from sales of goods and services to customers and other income.
(b) Sales from one component to another generally are priced at equivalent commercial selling prices.
Revenues from customers located in the United States were $85,301 million, $86,247 million and $81,057 million in 2008, 2007 and 2006,
respectively. Revenues from customers located outside the United States were $97,214 million, $86,241 million and $70,511 million in
2008, 2007 and 2006, respectively.
Assets (a) (b) Property, plant and equipment additions (c) Depreciation and amortization
At December 31 For the years ended December 31 For the years ended December 31
(In millions) 2008 2007 2006 2008 2007 2006 2008 2007 2006
Energy Infrastructure $ 33,836 $ 31,466 $ 24,456 $ 1,226 $ 1,054 $ 867 $ 838 $ 774 $ 672
Technology Infrastructure 58,967 57,670 49,641 1,395 1,954 1,389 1,520 1,569 1,269
NBC Universal 33,781 33,089 31,425 131 306 352 354 357 361
Capital Finance 572,903 583,965 491,000 15,313 17,832 14,489 10,238 8,864 6,971
Consumer & Industrial 5,065 5,351 5,740 284 363 373 397 434 497
Corporate items and eliminations 93,217 84,142 95,011 281 247 195 221 310 262
Total $797,769 $795,683 $697,273 $18,630 $21,756 $17,665 $13,568 $12,308 $10,032
(a) Assets of discontinued operations are included in Corporate items and eliminations for all periods presented.
(b) Total assets of the Energy Infrastructure, Technology Infrastructure, NBC Universal, Capital Finance and Consumer & Industrial operating segments at December 31, 2008,
include investment in and advances to associated companies of $640 million, $711 million, $954 million, $18,694 million and $394 million, respectively, which contributed
approximately $91 million, $67 million, $134 million, $2,217 million and $33 million, respectively, to segment pre-tax income for the year ended December 31, 2008.
Aggregate summarized financial information for significant associated companies assuming a 100% ownership interest included: total assets of $154,825 million, primarily
financing receivables of $85,554 million; total liabilities of $128,959 million, primarily bank deposits of $65,514 million; revenues totaling $22,347 million; and net earnings
totaling $3,583 million.
(c) Additions to property, plant and equipment include amounts relating to principal businesses purchased.
Interest and other financial charges Provision (benefit) for income taxes
(In millions) 2008 2007 2006 2008 2007 2006
Capital Finance $25,094 $22,611 $17,079 $(1,914) $1,225 $1,560
Corporate items and eliminations (a) 1,115 1,151 1,800 2,966 2,930 2,384
Total $26,209 $23,762 $18,879 $ 1,052 $4,155 $3,944
(a) Included amounts for Energy Infrastructure, Technology Infrastructure, NBC Universal and Consumer & Industrial for which our measure of segment profit excludes interest and
other financial charges and income taxes.
Property, plant and equipment —net associated with operations
based in the United States were $27,667 million, $27,188 million
and $25,699 million at year-end 2008, 2007 and 2006, respectively.
Property, plant and equipment —net associated with operations
based outside the United States were $50,863 million,
$50,700 million and $44,929 million at year-end 2008, 2007 and
2006, respectively.