GE second quarter ’12 supplemental information • • • • • • • • • • • • • GE Capital segment results GE Capital segment assets GE Capital non-earnings/write-offs GECC funding GECC leverage ratio GECC tier 1 common ratio estimate GE Capital Ending Net Investment GE Capital reserves Industrial CFOA from continuing operations Effective tax rate GE (ex. GECC) GE Industrial segment organic revenue growth GE Industrial segment revenue growth ex. FX Operating earnings & EPS GE Capital segment results ($ in millions – net earnings) 2Q’12 2Q’11 V% $626 $701 (11)% Real Estate 221 (335) F Consumer 907 1,042 (13) GECAS 308 321 (4) EFS 122 139 (12) GECC Corporate (62) (253) 75 $2,122 $1,615 CLL GE Capital 31% Preliminary 2012 second quarter results 2 GE Capital segment assets ($ in billions) 2Q’12 2Q’11 $185.3 $198.2 Real Estate 57.9 67.7 (14) Consumer 134.9 145.4 (7) GECAS 49.9 48.8 2 EFS 19.6 18.1 8 109.7 120.4 (9) $557.3 $598.6 CLL GECC Corporate GE Capital V% (7)% (7)% Preliminary 2012 second quarter results 3 GE Capital non-earnings/write-offs ($ in millions) Non-earning assets/non-earnings % fin. rec. 2Q’12 CLL 1Q’12 2Q’11 $3,370 2.72% $3,273 2.58% $3,488 2.65% Real Estate 630 2.27 761 2.41 1,003 2.72 GECAS 56 0.47 17 0.14 EFS 2 0.05 Consumer GECC Corporate GE Capital Total write-offs/write-offs % fin. rec. 2Q’12 CLL $184 0.59% 1Q’12 $212 0.66% 2Q’11 $273 0.82% Real Estate 146 1.97 186 2.32 118 1.24 64 0.53 GECAS 11 0.38 – 0.00 3 0.08 29 0.55 136 2.21 EFS 24 1.82 (0) (0.01) (7 ) (0.42 ) 4,143 3.78 4,403 3.96 4,893 4.12 Consumer 787 2.85 932 3.31 962 3.27 22 3.76 42 6.10 88 5.83 GECC Corporate 10 6.43 (0 ) (0.04 ) 8 2.02 $8,224 2.95% $8,524 2.97% $9,671 3.15% $1,162 1.64% $1,329 1.83% $1,357 1.76% GE Capital Preliminary 2012 second quarter results 4 GECC funding ($ in billions) Debt composition –a) Non-recourse Securitization LT debt - TLGP $463 29 45 $443 Unsecured term issuances 29 35 $418-b) 281 268 261 Alternative funding/others 67 67 66 Comm’l paper 41 44 43 2Q'11 4Q'11 2Q'12 $54 100%+ $78 $73 $52 100%+ $77 $83 LT debt nonguaranteed Bank lines CP coverage Cash & equiv. LT debt<1 yr. $25 $27 '10 '11 $22 31 17 $49 100%+ $66 $67 '12 YTD • Completed ~$22B LT debt issuance YTD in 9 currencies 1Q: $11.7 2Q: $8.8 3Q: $1.6 • Liquidity in the global CP markets continues to be strong • Alternative funding ~16% of total debt, securitization ~7% • Liquidity position remains strong (a- Continuing operations (b- Includes ~$(2.7B) YTD FX impact and ~$0.5B YTD FAS 133 Preliminary 2012 second quarter results 5 GECC leverage ratio –a) ($ in billions) As reported Debt Equity–b) Leverage ratio Debt Less: hybrid debt Less: cash & equiv. Adjusted debt Equity–b) Add: hybrid debt Adjusted equity Adjusted leverage ratio 2Q’11 1Q’12 2Q’12 $463.2 75.1 $432.1 79.2 $418.2 79.8 6.2 5.5 5.2 463.2 (7.7 ) (78.1 ) 377.4 432.1 (7.7) (76.4 ) 348.0 418.2 (7.7 ) (66.5 ) 344.0 75.1 7.7 82.8 79.2 7.7 86.9 79.8 7.7 87.6 4.6 4.0 3.9 (a- Includes discontinued operations for all periods (b- Total equity ex. non-controlling interests Preliminary 2012 second quarter results 6 GECC tier 1 common ratio estimate –a), -b) ($ in billions) As reported Shareowners’ equity–c) 2Q’11 1Q’12 2Q’12 $75.1 $79.2 $79.8 Shareowners’ equity–c) - Preferred equity - Intang. & GW - Unr. G/(L) on invt. & hdg. - Other additions/(deductions) 75.1 – (30.0 ) 2.0 (0.8 ) 79.2 – (28.8) 0.7 (0.7 ) 79.8 (2.3 ) (28.5 ) 0.5 (0.7 ) Tier 1 common 46.3 50.4 48.8 507.5 482.7 482.7 Estimated risk weighted assets Tier 1 common ratio 9.1% 10.4% 10.1% (a- Includes discontinued operations for all periods (b- Based on Basel One RWA estimates (c- Total equity ex. noncontrolling interests Preliminary 2012 second quarter results 7 GE Capital ending net investment ($ in billions) 2Q’11 1Q’12 2Q’12 $605.6 (7.0) (62.9) $573.4 (1.3) (60.1) $558.8 (1.5) (58.4) GE Capital ENI 535.7 512.0 498.9 Less: cash & equivalents (78.0) (76.2) (66.3) GE Capital ENI (ex. cash) $457.7 $435.8 $432.6 GECC total assets Less: assets of discontinued operations Less: non-interest bearing liabilities Preliminary 2012 second quarter results 8 GE Capital reserves ($ in billions) Allowances for losses $6.9 $5.7 Commercial 3.1 2.3 Consumer Coverage: Reserves Non-earnings $5.2 2.1 3.8 3.4 3.1 2Q'11 1Q'12 2Q'12 2.26% 72% 1.99% 67% 1.86% 63% Environment continues to improve Preliminary 2012 second quarter results 9 Industrial CFOA from continuing operations ($ in millions) 2Q’12 YTD Cash from GE’s operating activities as reported Less GECC dividends Cash from GE’s operating activities excluding dividends from GECC (Industrial CFOA) 2Q’11 YTD $6,789 $4,380 3,000 – $3,789 $4,380 YTD V% 55% (13)% Preliminary 2012 second quarter results 10 Effective tax rate GE (ex. GECC) ($ in millions) 2Q’12 2Q’11 GE earnings from continuing operations before income taxes $4,069 $4,170 Less GECC earnings from continuing ops. attributable to the company 2,122 1,615 $1,947 $2,555 $392 $546 Adjusted earnings from continuing ops. before income taxes GE (ex. GECC) provision for income taxes – continuing ops. Effective tax rate GE (ex. GECC) 20% 21% Preliminary 2012 second quarter results 11 GE Industrial segment organic revenue growth ($ in millions) Industrial segment revenue Less the effects of: Acquisitions, business dispositions (other than dispositions of businesses acquired for investment) & currency exchange rates Industrial revenues excluding the effects of acquisitions, business dispositions (other than dispositions of businesses acquired for investment), currency exchange rates 2Q’12 2Q’11 $25,043 $23,016 99 287 $24,944 $22,729 V% 9% 10% Preliminary 2012 second quarter results 12 GE Industrial segment revenue growth ex. FX ($ in millions) Industrial segment revenue Less FX: Industrial segment revenues excluding the effect of FX 2Q’12 2Q’11 V% $25,043 $23,016 9% $23,016 11% (615) $25,658 Preliminary 2012 second quarter results 13 Operating earnings & EPS ($ in millions except earnings per share) Earnings from continuing operations attributable to GE Adjustment (net of tax): non-operating pension costs/(income) Operating earnings 2Q’12 2Q’11 V% $3,658 $3,570 352 181 $4,010 $3,751 7% $0.34 $0.33 3% .03 .02 $0.38 $0.34 2% Earnings per share – diluted–a) Continuing earnings per share Adjustment (net of tax): non-operating pension costs/(income) Operating earnings per share 12% (a- Earnings per share amounts are computed independently. As a result, the sum of per share amounts may not equal the total Preliminary 2012 second quarter results 14