GE second quarter ’10 supplemental information • • • • • • • • • • GE Capital segment results GE Capital segment assets GE Capital non-earnings/write-offs GECS funding Debt/equity ratio – GECS & GECS Tier 1 Common ratio estimate – GECC & GECS GE Capital Ending Net Investment GE Capital non-earning exposure walk Industrial CFOA from continuing operations Effective tax rate GE (ex. GECS) GE Capital segment results ($ in millions – net earnings) 2Q’10 2Q’09 V% CLL $312 $243 28% Real Estate (524) (237) U Consumer 735 252 F GECAS 288 285 1 EFS 126 65 94 Corporate & elims. (107) (177) 40 GE Capital continuing operations $830 $431 93% Preliminary 2010 second quarter results/2 GE Capital segment assets ($ in billions) 2Q’10 2Q’09 V% $202.4 $224.6 (10)% Real Estate 76.6 84.0 (9) Consumer 162.0 178.3 (9) GECAS 48.6 47.2 3 EFS 20.5 23.0 (11) Corporate & elims. 77.9 65.8 18 $588.0 $622.9 CLL GE Capital – continuing operations (6)% Preliminary 2010 second quarter results/3 GE Capital non-earnings/write-offs ($ in millions) Non-earning assets/non-earnings % fin. rec. 2Q’10 1Q’10 2Q’09 $4,424 3.08% $4,829 3.18% $4,724 3.01% 1,618 3.68 1,748 3.67 1,325 2.88 GECAS 77 0.62 77 0.61 EFS 77 1.03 CLL Real Estate Consumer Corporate & elims. GE Capital Total write-offs/write-offs % fin. rec. 2Q’10 1Q’10 2Q’09 $423 1.14 $425 1.15% Real Estate 186 1.62 188 1.63 76 0.66 189 1.47 GECAS 18 0.58 71 2.20 - 80 1.01 241 2.83 EFS (0) (0.02) - - 6,350 4.79 6,803 4.75 6,554 4.75 Consumer 1,542 4.47 1,719 5.00 1,462 4.40 105 4.64 100 4.10 70 2.10 Corporate & elims. (0) (0.01) 2 0.34 5 0.56 $12,652 3.70% $13,637 3.73% $13,104 3.58% CLL GE Capital $2,168 2.45% $2,405 2.71% $372 0.94% $1,915 2.11% Preliminary 2010 second quarter results/4 GECS funding ($ in billions) Unsecured term issuances Debt composition Securitization LT debt - TLGP $503 5 48 $500 4 59 $482 33 58 -a) ’09 TLGP Pre-funding 13 $84 13 Early funding of ’10 maturities $70 Early funding of ’11 maturities 38 71 LT debt nonguaranteed 344 325 282 '08 32 $11 -c) '09 '10 (c- Completed as of 7/9/10 Highlights Alternative funding/others-b) Comm’l paper Bank lines CP coverage Cash & equiv. LT debt<1 yr. 56 50 65 47 63 46 • Plan to issue ~$20-$25B LT debt in ’10 to prefund 50%+ of ’11 LTD plan … ~$11B completed … ~41% of the issuances in 7 non-US currencies 2Q'09 4Q'09 2Q'10 $55 100%+ $50 $82 $52 100%+ $64 $70 $52 100%+ $62 $63 • Business ENI reduction and a stronger USD drove debt reduction (a- Includes ~$(20)B YTD FX impact, partially offset by ~$4B YTD FAS 133 (b- Includes GE-GECS inter-company loan (~$1.3B in 2Q’10,~$1.6B in 4Q’09, ~$1.5B in 2Q’09) … 2010 YTD Alt. Funding FX impact ~$(3)B • ~$20B of syndicated bank lines extended by one year to May 2013 maturity date • Liquidity position remains strong Preliminary 2010 second quarter results/5 Debt/equity ratio ($ in billions) GECS GECC 4Q’09 1Q’10 2Q’10 As reported Debt Shareowner’s equity–a) Book leverage (debt/equity) Debt Subtract: hybrids from debt Subtract: cash & equiv. from debt Adjusted book debt Shareowner’s equity–a) Add: hybrids to equity Adjusted book equity Adjusted leverage $497.5 $501.7 $476.6 73.7 71.6 69.8 6.7 7.0 4Q’09 1Q’10 2Q’10 $500.3 $506.6 $481.7 70.8 68.5 67.3 6.8 7.1 497.5 501.7 476.6 (7.7) (7.7) (7.7) (63.7) (59.6) (61.2) 426.1 434.4 407.7 500.3 (7.7) (64.4) 428.2 7.4 7.2 506.6 481.7 (7.7) (7.7) (60.0) (61.5) 438.9 412.5 73.7 7.7 81.4 71.6 7.7 79.3 69.8 7.7 77.5 70.8 7.7 78.5 68.5 7.7 76.2 67.3 7.7 75.0 5.2 5.5 5.3 5.5 5.8 5.5 (a- Total equity ex. noncontrolling interests Preliminary 2010 second quarter results/6 Tier 1 common ratio estimate ($ in billions) GECC GECS 4Q’09 1Q’10 2Q’10 4Q’09 1Q’10 2Q’10 $73.7 $71.6 $69.8 $70.8 $68.5 $67.3 Shareholder’s equity–a) - Intang. & GW - Unr. G/(L) on invt. & hdg. - Other additions/(deductions) 73.7 (32.0) 2.5 (1.1) 71.6 (31.3) 2.1 (1.2) 69.8 (29.5) 2.0 (1.1) 70.8 (32.4) 2.2 (1.1) 68.5 (31.7) 1.7 (1.2) 67.3 (29.9) 1.0 (1.1) Tier 1 common 43.1 41.2 41.2 39.5 37.3 37.3 569.1 528.5 508.4 602.1 544.6 525.3 7.6 7.8 8.1 6.6 6.8 7.1 As reported Shareholder’s equity–a) Estimated risk weighted assets GECC Tier 1 common ratio (a- Total equity ex. noncontrolling interests Preliminary 2010 second quarter results/7 GE Capital Ending Net Investment ($ in billions) GECC assets (cont. ops.) Subtract: non-debt liabilities GECC ENI Subtract: cash & equivalents GE Capital ENI (ex. cash) 1Q’10 2Q’10 $617.2 42.0 588.0 39.8 575.2 548.2 59.6 61.2 $515.6-a) $487.0 (a- Includes FX $(6) from 1/1 Preliminary 2010 second quarter results/8 GE Capital non-earnings exposure ($ in billions) Commercial Consumer $6.4 $6.2 (0.3) (1.0) 1Q’10 coverage (1.2) (2.2) 212% 247% coverage $3.9 (2.1) 4.2 (1.4) 197% coverage (2.4) $4.3 nonmortgage reserves 1Q’10 coverage 217% 279% coverage 1.6 $0.9 Other Est. loss 2Q’10 Interbanca Collateral Workout 2Q’10 NPL 100% full recovery collateral exposure reserves nonrecovery earnings Non- Mortgage 2Q’10 nonnon- mortgage earnings earnings Cure Est. collateral value (0.1) 0.3 Est. MI Est. loss exposure 2Q’10 reserves Preliminary 2010 second quarter results/9 Industrial CFOA from continuing operations ($ in millions) Cash from GE’s operating activities as reported Less GECS dividends Cash from GE’s operating activities excluding dividends from GECS (Industrial CFOA) 2Q’10 2Q’10 YTD 2Q’09 YTD $3,763 $6,314 $7,044 – – – $3,763 $6,314 $7,044 YTD V% (10)% (10)% Preliminary 2010 second quarter results/10 Effective tax rate GE (ex. GECS) ($ in millions) GE earnings from continuing operations before income taxes Less GECS earnings from continuing ops. attributable to the company Adjusted earnings from continuing ops. before income taxes GE (ex. GECS) provision for income taxes – continuing ops. Effective tax rate GE (ex. GECS) 2Q’10 2Q’09 $4,401 $3,775 822 367 $3,579 $3,408 $986 $897 27.5% 26.3% Preliminary 2010 second quarter results/11