general electrics

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Imagination at work

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Page 1: General Electrics

“Imagination at work”

Page 2: General Electrics

History

• In 1890, Thomas Alva Edison established the Edison General Electric Company.

• At the same time Charles A. Coffin was growing his business, The Thompson Company.

• The two companies united in 1892 and formed The General Electric Company.

• In 1964, there were almost 400 separate product line & over three million catalog items.

• $320 million reported (1998) in benefits from Six Sigma implementation.

Page 3: General Electrics

About general electricFounder: --Thomas Edison --Charles Coffin --Elihu Thomson --Edwin HoustonCEO: -- Jeffrey R. Immelt Headquarter : --Fairfield,

Connecticut, U.S Industry: --ConglomerateArea served: --WorldwideTicker Symbol:  --GENumber of employees: --327,000 Website: -- www.ge.com

Page 4: General Electrics

Corporate recognition and rankings

In 2011, Fortune ranked GE the 6th largest firm in the U.S and the 14th most profitable. Other rankings for 2011/2012 include the following:

#18 company for leaders (Fortune) #6 best global brand (Interbrand) #82 green company (Newsweek) #91 most admired company (Fortune) #19 most innovative company (Fast Company) For 2012, GE's brand was valued at $28.8

billion.

Page 5: General Electrics

Jeffrey R. Immelt (CEO) James J. Mulva Ann M. Fudge Andrea Jung James I. Cash, Jr John J. Brennan James E. Rohr Robert W. Lane Mary L. Schapiro

Rochelle B. Lazarus Douglas A. Warner III James S. Tisch Susan Hockfi eld Marijn E. Dekkers W. Geoffrey Beattie Robert J. Swieringa Francisco D’Souza

Board of director

Page 6: General Electrics
Page 7: General Electrics

Vision and mission Vision: 'We bring good things to life'.

Mission: "Passionate, Curious, Resourceful, Accountable, Teamwork, Committed, Open, Energizing, Always With Unyielding Integrity"

Page 8: General Electrics
Page 9: General Electrics

Operating segments Power & Water Oil & Gas Aviation Healthcare Energy Management Transportation Appliances & Lighting GE capital

Page 10: General Electrics

Power and water• Power Generation Products and

Services (PGP and PGS)• Renewable Energy• Distributed Power • Water Process Technologies• Nuclear

Page 11: General Electrics

OIL & GAS

Turbo machinery Solutions (TMS) Drilling & Surface (D&S) Measurement & Controls (M&C)Major products Aero-derivative gas turbines Heavy-duty gas turbines Choke valves Drilling systems Erill stem valves

Page 12: General Electrics

HEALTHCARE

• Healthcare Systems • Life Sciences • Healthcare ITMajor products• X-ray• Digital mammography• Computed tomography• Magnetic resonance

Page 13: General Electrics

GE CAPITAL

• Commercial Lending and Leasing (CLL)

• Consumer • Real Estate• Energy Financial Services• GE Capital Aviation Services (GECAS)

Page 14: General Electrics

ENERGY MANAGEMENT Industrial Solutions Digital Energy

Major productsCircuit breakersRelaysArrestersSwitchgearPanel boards

Page 15: General Electrics

AVIATION

• Commercial Engines • Commercial Services

MAJOR PRODUCTSBombersTankersHelicoptersSurveillance aircraft

Page 16: General Electrics

TRANSPORTATION Locomotives Locomotive Services & Solutions Marine, Stationary & Drilling

Page 17: General Electrics

APPLIANCES & LIGHTING

• Appliances • Lighting

Page 18: General Electrics
Page 19: General Electrics

Growth Leaders

Customers value

Innovation

Great Technolog

yCommerci

al Excellence

Globalization

SIX PART GROWTH PROCESS

Execute for Growth

Page 20: General Electrics

Power & water18%

Oil& gas12%

Energy5%

Aviation16%

Health care12%

Trans-portation

4%

Appli-anances

5%

G.E.cap-ital28%

Revenue 2013-14

Page 21: General Electrics
Page 22: General Electrics

S W

O T

Page 23: General Electrics

StrengthGlobal

strength and recognition

Experience

R&D Excellent management

Page 24: General Electrics

Weakness

PollutionDependence on third party

materials

Underperforming in Asian

markets.

Page 25: General Electrics

OpportunitiesGreen

TechnologyIncreasing

Geographic growth

Aviation industry growth

Page 26: General Electrics

Threats

Competitions

Government Policy

Currency fluctuation

s.

Page 27: General Electrics

AssetsFiscal year is January-December.

All values USD millions. 2010 2011 2012 2013 2014

Cash & Short Term Investments 79.38B 84.74B 77.6B 88.64B 90.23BCash Only 78.96B 84.5B 77.36B 88.56B 90.21BShort-Term Investments 417M 241M 248M 80M 22M

Total Accounts Receivable337.63

B307.47

B287.49

B272.44

B257.15

B

Accounts Receivables, Net328.68

B299.91

B279.53

B263.33

B248.05

B

Accounts Receivables, Gross 329.1B300.36

B279.99

B263.78

B253.62

BBad Debt/Doubtful Accounts (428M) (452M) (462M) (447M) (5.57B)Other Receivables 8.95B 7.56B 7.96B 9.11B 9.1BInventories 11.53B 13.79B 15.37B 17.33B 17.69BFinished Goods 4.5B 5.02B 6.1B 6.79B 7.18BWork in Progress - - - - -Raw Materials 6.97B 8.74B 9.3B 10.22B 9.82BProgress Payments & Other 52M 35M (20M) 311M 693MOther Current Assets 0 0 0 0 0Miscellaneous Current Assets - - - - -

Total Current Assets428.53

B 406B380.47

B 378.4B365.07

B

Page 28: General Electrics

Net Property, Plant & Equipment 66.21B 65.74B 69.74B 68.83B 66.39BProperty, Plant & Equipment - Gross

110.05B

108.12B

116.76B

116.47B

113.32B

Buildings 10.99B 10.93B 10.99B 11.41B 9.92BLand & Improvements 573M 611M 612M 707M 700MComputer Software and Equipment - - - - -Other Property, Plant & Equipment - - - (347M) (462M)Accumulated Depreciation 43.83B 42.38B 47.02B 47.64B 46.93B

Total Investments and Advances118.58

B138.22

B126.41

B 88.68B 89.83BOther Long-Term Investments 90.83B 94.17B 85.12B 67.39B 69.14BLong-Term Note Receivable 1.1B 1.32B 714M 993M 766MIntangible Assets 74.45B 84.69B 94.88B 91.96B 90.71BNet Goodwill 64.47B 72.63B 73.45B 77.65B 76.55BNet Other Intangibles 9.97B 12.07B 21.43B 14.31B 14.16BOther Assets 62.35B 21.27B 13.12B 27.43B 33.05BTangible Other Assets 58.45B 18.33B 10.32B 24.2B 30.77B

Total Assets778.97

B747.93

B717.26

B656.56

B648.35

B

Page 29: General Electrics

Liabilities & Shareholders' Equity2010 2011 2012 2013 2014

ST Debt & Current Portion LT Debt 128.46B 148.33B 110.49B 86.94B 79.23BShort Term Debt 52.33B 54.92B 52.06B 38.61B 31.73BCurrent Portion of Long Term Debt 76.13B 93.41B 58.43B 48.33B 47.5BAccounts Payable 14.66B 16.4B 15.68B 16.47B 16.34BIncome Tax Payable - - - - -Other Current Liabilities 24.1B 27B 27.75B 28.73B 27.54BDividends Payable 1.56B 1.8B 1.98B 2.22B 2.32BAccrued Payroll - - - - -Miscellaneous Current Liabilities 22.54B 25.2B 25.77B 26.51B 25.22BTotal Current Liabilities 167.22B 191.72B 153.91B 132.13B 123.11BLong-Term Debt 350.18B 305.12B 303.57B 296.1B 285.75BLong-Term Debt excl. Capitalized Leases 350.18B 305.12B 303.57B 296.1B 285.75BNon-Convertible Debt 350.18B 305.12B 303.57B 296.1B 285.75BConvertible Debt 0 0 0 0 0Capitalized Lease Obligations - - - 0 0Provision for Risks & Charges 54.94B 72.57B 67.73B 54.4B -Deferred Taxes 2.84B (131M) (75M) (275M) (2.54B)Deferred Taxes - Credit 30.6B 30.56B 31.86B - -Deferred Taxes - Debit 27.76B 30.69B 31.93B 275M 2.54BOther Liabilities 51.84B 29.84B 31.72B 37.14B 102.66BOther Liabilities (excl. Deferred Income) 51.84B 29.84B 31.72B 37.14B 102.66BDeferred Income - - - - -Total Liabilities 654.78B 629.8B 588.79B 519.78B 511.52B

Page 30: General Electrics

Non-Equity Reserves 0 0 0 0 0Preferred Stock (Carrying Value) 0 0 0 0 0Redeemable Preferred Stock 0 0 0 0 0Non-Redeemable Preferred Stock 0 0 0 0 0Common Equity (Total) 118.94B 116.44B 123.03B 130.57B 128.16BCommon Stock Par/Carry Value 702M 702M 702M 702M 702MRetained Earnings 131.14B 137.79B 144.06B 149.05B 155.33BESOP Debt Guarantee 0 0 0 0 0Cumulative Translation Adjustment/Unrealized For. Exch. Gain (1.37B) (1.04B) (310M) (131M) (2.61B)Unrealized Gain/Loss Marketable Securities (636M) (30M) 677M 307M 1.01BRevaluation Reserves 0 0 0 0 0Treasury Stock (31.94B)(31.77B)(34.57B)(42.56B)(42.59B)Total Shareholders' Equity 118.94B 116.44B 123.03B 130.57B 128.16BAccumulated Minority Interest 5.26B 1.7B 5.44B 6.22B 8.67BTotal Equity 124.2B 118.13B 128.47B 136.78B 136.83BLiabilities & Shareholders' Equity

778.97B

747.93B

717.26B

656.56B

648.35B

Page 31: General Electrics

Thank you