GE third 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) Segment operating profit margin GE Capital segment results ($ in millions – net earnings) 3Q’10 3Q’09 V% CLL $443 $130 F Real Estate (405) (538) 25 Consumer 826 443 86 GECAS 158 187 (16) 55 41 34 Corporate & elims. (206) (122) (69) GE Capital continuing operations $871 $141 F EFS Preliminary 2010 third quarter results/2 GE Capital segment assets ($ in billions) 3Q’10 3Q’09 V% $203.6 $219.1 (7)% Real Estate 75.2 83.7 (10) Consumer 166.5 177.9 (6) GECAS 48.7 47.4 3 EFS 19.8 22.6 (12) Corporate & elims. 80.9 78.0 4 $594.8 $628.7 CLL GE Capital – continuing operations (5)% Preliminary 2010 third quarter results/3 GE Capital non-earnings/write-offs ($ in millions) Non-earning assets/non-earnings % fin. rec. 3Q’10 2Q’10 3Q’09 $4,308 3.04% $4,424 3.08% $5,393 3.55% 1,425 3.35 1,618 3.68 1,320 2.90 GECAS – 0.00 77 0.62 EFS 163 2.24 CLL Real Estate Consumer Corporate & elims. GE Capital Total write-offs/write-offs % fin. rec. 3Q’10 CLL $254 0.71% 2Q’10 $423 1.14% 3Q’09 $399 1.03% Real Estate 222 2.05 186 1.62 106 0.92 194 1.50 GECAS 7 0.23 18 0.58 - 77 1.03 360 4.31 EFS (0.00 ) (0.02 ) – – 6,291 4.67 6,350 4.79 6,463 4.81 90 4.32 105 4.64 78 2.53 $12,278 3.61% $12,652 3.70% $13,808 3.88% Consumer Corporate & elims. GE Capital – – 1,327 3.97 1,542 4.47 1,407 4.14 0.00 0.03 (0.00 ) (0.01 ) 7 0.87 $1,809 2.12% $2,168 2.45% $1,919 2.13% Preliminary 2010 third quarter results/4 GECS funding ($ in billions) Securitization LT debt - TLGP Debt composition $508 55 4 $500 59 4 Unsecured term issuances $486-a) 30 55 ’09 TLGP Pre-funding 13 $84 13 Early funding of ’10 maturities $70 Early funding of ’11 maturities 38 71 LT debt nonguaranteed 338 325 293 '08 $20-c) 32 '09 '10 (c- Completed as of 10/14/10 Alternative funding/others -b) Comm’l. paper Bank lines CP coverage Cash & equiv. LT debt <1 yr. 61 50 65 47 67 41 3Q'09 4Q'09 3Q'10 $52 100%+ $57 $69 $52 100%+ $64 $70 $52 100%+ $66 $63 (a- Includes ~$(9)B YTD FX impact, partially offset by ~$6B YTD FAS 133 (b- Includes GE-GECS inter-company loan Highlights • Plan to issue ~$25 LT debt in ’10 … ~$20B completed in 9 currencies … ~41% in non-U.S. currencies • ~$41B business ENI reduction (ex. FX) YTD helped debt reduction, offset by FAS 167 consolidation • Alternative funding growth driven by U.S. & international bank deposits • Liquidity position remains strong Preliminary 2010 third quarter results/5 Debt/equity ratio ($ in billions) 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 GECC GECS 4Q’09 2Q’10 3Q’10 4Q’09 2Q’10 3Q’10 $497.5 73.7 $476.6 69.8 $481.4 70.5 $500.3 70.8 $481.7 67.3 $486.5 66.9 6.7 6.8 6.8 7.1 7.2 7.3 497.5 (7.7 ) (63.7 ) 426.1 476.6 (7.7 ) (61.2 ) 407.7 481.4 (7.7 ) (65.4 ) 408.3 500.3 (7.7 ) (64.4 ) 428.2 481.7 (7.7 ) (61.5 ) 412.5 486.5 (7.7 ) (66.0 ) 412.8 73.7 7.7 81.4 69.8 7.7 77.5 70.5 7.7 78.2 70.8 7.7 78.5 67.3 7.7 75.0 66.9 7.7 74.6 5.2 5.3 5.2 5.5 5.5 5.5 (a- Total equity ex. noncontrolling interests Preliminary 2010 third quarter results/6 Tier 1 common ratio estimate –a) ($ in billions) GECC GECS 4Q’09 2Q’10 3Q’10 4Q’09 2Q’10 3Q’10 $73.7 $69.8 $70.5 $70.8 $67.3 $66.9 Shareowner’s equity–b) - Intang. & GW - Unr. G/(L) on invt. & hdg. - Other additions/(deductions) 73.7 (32.0 ) 2.5 (1.1 ) 69.8 (29.5 ) 2.0 (1.1 ) 70.5 (30.1 ) 2.2 (0.5 ) 70.8 (32.4 ) 2.2 (1.1 ) 67.3 (29.9 ) 1.0 (1.1 ) 66.9 (30.1 ) 2.1 (0.5 ) Tier 1 common 43.1 41.2 42.0 39.5 37.3 38.4 569.1 508.4 510.0 602.1 525.3 527.8 As reported Shareowner’s equity–b) Estimated risk weighted assets Tier 1 common ratio 7.6% 8.1% 8.2% 6.6% 7.1% 7.3% (a- Estimated based on SCAP requirements (b- Total equity ex. noncontrolling interests Preliminary 2010 third quarter results/7 GE Capital ending net investment ($ in billions) GECC assets (cont. ops.) Subtract: non-debt liabilities GECC ENI Subtract: cash & equivalents GE Capital ENI (ex. cash) 1Q’10 2Q’10 3Q’10 $617.2 42.0 $588.0 39.8 $594.8 40.0 575.2 548.2 554.8 59.6 61.2 65.4 $515.6 $487.0 $489.4 Preliminary 2010 third quarter results/8 GE Capital non-earnings exposure ($ in billions) Commercial Consumer $6.3 2Q’10 coverage $5.9 (0.3) (2.0) 247% (1.3) 260% coverage 4.3 (1.2) $4.0 (1.6) (1.6) 205% coverage (2.3) $4.2 nonmortgage reserves 2Q’10 coverage 279% 298% coverage 1.5 $0.9 (0.1) Other Est. loss 3Q’10 Interbanca Collateral Workout 3Q’10 NPL 100% full recovery collateral exposure reserves nonrecovery earnings Non- Mortgage 3Q’10 nonnon- mortgage earnings earnings Cure Est. collateral value Est. MI 0.3 Est. loss exposure 3Q’10 reserves Preliminary 2010 third quarter results/9 Industrial CFOA from continuing operations ($ 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) 3Q’10 3Q’10 YTD 3Q’09 YTD $3,828 $10,142 $11,442 – – – $3,828 $10,142 $11,442 YTD V% (11)% (11)% Preliminary 2010 third quarter results/10 Effective tax rate GE (ex. GECS) ($ 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) 3Q’10 3Q’09 $4,004 $3,105 832 133 $3,172 $2,972 $705 $654 22.2% 22.0% Preliminary 2010 third quarter results/11 Segment operating profit margin ($ in millions) Revenues 3Q’10 Op. profit $8,359 $1,656 $9,769 $1,649 Technology Infrastructure 9,210 1,474 9,306 1,645 Home & Bus. Solutions 2,125 104 2,136 104 $19,694 $3,234 $21,211 $3,398 4,069 625 4,079 732 $23,763 $3,859 $25,290 $4,130 As reported Energy Infrastructure Industrial ex. Media NBCU Total Industrial Op. profit % 16.4% 16.2% Revenues 3Q’09 Op. Op. profit profit % 16.0% V pts. 0.4 pts. 16.3% (0.1) pts. Preliminary 2010 third quarter results/12