GE 2013 Annual Report Download - page 71

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’   
GE 2013 ANNUAL REPORT 69
Selected Financial Data
The following table provides key information for Consolidated, GE and GECC.
(Dollars in millions; per-share amounts in dollars) 2013 2012 2011 2010 2009
GENERAL ELECTRIC COMPANY AND CONSOLIDATED AFFILIATES
Revenues and other income $ 146,045 $ 146,684 $ 146,542 $ 148,875 $ 153,686
Earnings from continuing operations attributable to the Company 15,177 14,624 14,122 12,577 10,993
Earnings (loss) from discontinued operations, net of taxes,
attributable to the Company (2,120) (983) 29 (933) 32
Net earnings attributable to the Company 13,057 13,641 14,151 11,644 11,025
Dividends declared (a) 8,060 7,372 7,498 5,212 6,785
Return on average GE shareowners’ equity (b) 12.2% 12.1% 12.1% 12.3% 11.7%
Per common share
Earnings from continuing operations—diluted $ 1.47 $ 1.38 $ 1.23 $ 1.15 $ 1.00
Earnings (loss) from discontinued operations—diluted (0.21) (0.09) — (0.09) —
Net earnings—diluted 1.27 1.29 1.23 1.06 1.01
Earnings from continuing operations—basic 1.48 1.39 1.23 1.15 1.00
Earnings (loss) from discontinued operations—basic (0.21) (0.09) — (0.09) —
Net earnings—basic 1.28 1.29 1.24 1.06 1.01
Dividends declared 0.79 0.70 0.61 0.46 0.61
Stock price range 28.09–20.68 23.18–18.02 21.65–14.02 19.70–13.75 17.52–5.87
Year-end closing stock price 28.03 20.99 17.91 18.29 15.13
Cash and equivalents 88,555 77,268 84,440 78,917 70,469
Total assets of continuing operations 654,221 681,684 714,018 729,895 751,677
Total assets 656,560 684,999 718,003 745,426 780,309
Long-term borrowings 221,665 236,084 243,459 293,323 336,172
Common shares outstanding—average (in thousands) 10,222,198 10,522,922 10,591,146 10,661,078 10,613,717
Common shareowner accounts—average 512,000 537,000 570,000 588,000 605,000
Employees at year end (c)
United States 135,000 134,000 131,000 121,000 122,000
Other countries 172,000 171,000 170,000 152,000 168,000
Total employees (c) 307,000 305,000 301,000 273,000 290,000
GE DATA
Short-term borrowings $ 1,841 $ 6,041 $ 2,184 $ 456 $ 504
Long-term borrowings 11,515 11,428 9,405 9,656 11,681
Noncontrolling interests 836 777 1,006 4,098 5,797
GE shareowners’ equity 130,566 123,026 116,438 118,936 117,291
Total capital invested $ 144,758 $ 141,272 $ 129,033 $ 133,146 $ 135,273
Return on average total capital invested (b) 11.3% 11.7% 11.7% 12.0% 10.7%
Borrowings as a percentage of total capital invested (b) 9.2% 12.4% 9.0% 7.6% 9.0%
Working capital (b) $ (1,278) $ (567) $ (1,712) $ (3,035) $ (1,596)
GECC DATA
Revenues $ 44,067 $ 45,364 $ 48,324 $ 49,163 $ 51,065
Earnings from continuing operations attributable to GECC 8,258 7,345 6,480 3,083 1,364
Earnings (loss) from discontinued operations, net of taxes,
attributable to GECC (2,054) (1,130) 30 (928) 51
Net earnings attributable to GECC 6,204 6,215 6,510 2,155 1,415
Net earnings attributable to GECC common shareowner 5,906 6,092 6,510 2,155 1,415
GECC shareowners’ equity 82,694 81,890 77,110 68,984 70,833
Total borrowings and bank deposits 371,062 397,039 442,830 470,363 493,223
Ratio of debt to equity at GECC (d) 4.49:1 4.85:1 5.74:1 6.82:1 6.96:1
Total assets (e) $ 516,829 $ 539,351 $ 584,643 $ 605,365 $ 650,465
Transactions between GE and GECC have been eliminated from the consolidated information.
(a) Included $1,031 million of preferred stock dividends ($806 million related to our preferred stock redemption) in 2011 and $300 million in both 2010 and 2009.
(b) Indicates terms are defined in the Glossary.
(c) Excludes NBC Universal employees of 14,000 in both 2010 and 2009.
(d) Ratios of 3.19:1, 3.66:1, 4.23:1, 5.25:1 and 5.45:1 for 2013, 2012, 2011, 2010 and 2009, respectively, net of cash and equivalents and with classification of hybrid debt as
equity. For purposes of these ratios, cash and debt balances have been adjusted to include amounts classified as assets and liabilities of businesses held for sale and
discontinued operations.
(e) GECC’s total assets excludes deferred income tax liabilities, which are presented as assets for purposes of our consolidating balance sheet presentation.