| Income Statement for General Electric Company (GE) | | | | | | | Income | in Millions of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Operating Revenue | 169,719 | 163,391 | 148,019 | 151,300 | 132,890 | | Adjustments to Revenue | - | - | - | - | - | | Cost of Revenue | (62,847) | (64,952) | (58,276) | (53,374) | (44,250) | | Gross Operating Profit | 106,872 | 98,439 | 89,743 | 97,926 | 88,640 | | | Selling/General/Admin Expense | (48,312) | (44,467) | (44,586) | (57,663) | (51,848) | | Research & Development | - | - | - | - | - | | EBITDA | 58,560 | 53,972 | 45,157 | 40,263 | 36,792 | | Depreciation & Amortization | (10,278) | (9,158) | (8,538) | (8,385) | (6,956) | | EBIT | 48,282 | 44,814 | 36,619 | 31,878 | 29,836 | | Interest Income | 329 | - | - | - | - | | Other Income, Net | 1,149 | - | 1,683 | 1,064 | 790 | | Total Income Avail For Interest Expense | 51,301 | 44,814 | 38,302 | 32,942 | 30,626 | | Interest Expense | (23,787) | (19,286) | (15,187) | (11,907) | (10,432) | | Pre-Tax Income | 27,514 | 25,528 | 23,115 | 21,035 | 20,194 | | Income Taxes | (4,130) | (3,954) | (3,854) | (3,513) | (4,315) | | Minority Interest | (916) | (908) | (986) | (928) | (290) | | Net Income from Continuing Operations | 22,468 | 20,666 | 18,275 | 16,593 | 15,589 | | Net Income from Discontinued Operations | (260) | 163 | (1,922) | - | - | | Net Income from Total Operations | 22,208 | 20,829 | 16,353 | 16,593 | 15,589 | | | Normalized Income | 20,927 | 20,666 | 18,275 | 16,593 | 15,589 | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | 1,541 | - | - | - | - | | Income from Cum. Effect of Acct Change | - | - | - | - | (587) | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | 22,208 | 20,829 | 16,353 | 16,593 | 15,002 | | | Results | in Dollars (Preferred Dividends in Millions) | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Dividends Paid Per Share | 1.12 | 1.00 | 0.88 | 0.80 | 0.76 | | Preferred Dividends | - | - | - | - | - | | | Basic EPS from Continuing Operations | 2.21 | 1.99 | 1.73 | 1.60 | 1.56 | | Basic EPS from Discontinued Operations | -0.03 | 0.02 | -0.18 | 0.00 | 0.00 | | Basic EPS from Total Operations | 2.18 | 2.01 | 1.55 | 1.60 | 1.56 | | | Diluted EPS from Continuing Operations | 2.20 | 1.99 | 1.72 | 1.59 | 1.55 | | Diluted EPS from Discontinued Operations | -0.03 | 0.01 | -0.18 | 0.00 | 0.00 | | Diluted EPS from Total Operations | 2.17 | 2.00 | 1.54 | 1.59 | 1.55 | | | |
