EX-99.D 6 exhibit99d.htm EXHIBIT 99(D) exhibit99d.htm
Exhibit 99(d)
 

 
Revised Selected Financial Data for the Five Years Ended December 31, 2011
 
The following selected financial data should be read in conjunction with our financial statements and the related Notes to Consolidated Financial Statements.

(In millions)
  
2011 
    
2010 
    
2009 
    
2008 
    
2007 
  
                               
Revenues
$
49,068 
  
$
49,856 
  
$
51,776 
  
$
68,541 
  
$
69,372 
  
Earnings from continuing operations
                              
    attributable to GECC
  
6,584 
    
3,120 
    
1,253 
    
7,470 
    
12,216 
  
Earnings (loss) from discontinued
                              
    operations, net of taxes attributable to GECC
  
 (74)
    
 (965)
    
 162 
    
 (415)
    
 (1,915)
  
Net earnings attributable to GECC
  
6,510 
    
2,155 
    
1,415 
    
7,055 
    
10,301 
  
GECC Shareowner's equity
  
77,110 
    
68,984 
    
70,833 
    
53,279 
    
57,676 
  
Short-term borrowings
  
136,333 
    
118,797 
    
130,754 
    
159,904 
    
175,421 
  
Non-recourse borrowings of consolidated
                              
   securitization entities
  
29,258 
    
30,018 
    
3,622 
    
4,464 
    
5,575 
  
Bank deposits
  
43,115 
    
37,298 
    
33,519 
    
36,854 
    
11,968 
  
Long-term borrowings
  
234,391 
    
284,407 
    
325,429 
    
311,523 
    
304,467 
  
Return on average shareowner's equity(a)
  
9.57 
%
  
5.72 
%
  
2.66 
%
  
15.74 
%
  
26.48 
%
Ratio of earnings to fixed charges
  
1.51 
    
1.12 
    
0.82 
    
1.23 
    
1.64 
  
Ratio of debt to equity
  
5.75:1
(b)
  
6.82:1
(b)
  
6.96:1
(b)
  
9.62:1
    
8.62:1
  
Financing receivables - net
  
288,847 
    
311,606 
    
316,358 
    
352,627 
    
354,094 
  
Total assets
$
584,536 
  
$
605,255 
  
$
650,372 
  
$
661,009 
  
$
646,560 
  
                               
                               
(a)
Represents earnings from continuing operations before accounting changes divided by average total shareowner’s equity, excluding effects of discontinued operations (on an annual basis, calculated using a five-point average). Average total shareowner’s equity, excluding effects of discontinued operations, as of the end of each of the years in the five-year period ended December 31, 2011, is described in the Supplemental Information section in Management’s Discussion and Analysis of Financial Condition and Results.
 
(b)  
Ratios of 4.23:1, 5.25:1 and 5.39:1 for 2011, 2010 and 2009, respectively, net of cash and equivalents and with classification of hybrid debt as equity.
 

 
(1)