GE fourth 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 Operating earnings & EPS GE Capital segment results ($ in millions – net earnings) 4Q’12 4Q’11 V% TY’12 TY’11 V% $544 $777 (30)% $2,423 2,720 (11)% Consumer 755 617 22 3,240 3,703 (13) Real Estate 309 (153) F 803 (928) F GECAS 343 315 9 1,220 1,150 6 EFS 107 110 (3) 432 440 (2) GECC Corporate (250) (6) U (717) (501) (43) $1,808 $1,660 $7,401 $6,584 CLL GE Capital 9% 12% Preliminary 2012 fourth quarter results 2 GE Capital segment assets ($ in billions) 4Q’12 4Q’11 $182.4 $193.9 Consumer 139.0 138.5 Flat Real Estate 46.2 60.9 (24) GECAS 49.4 48.8 1 EFS 19.2 18.4 5 101.8 122.4 (17) $538.1 $582.9 CLL GECC Corporate GE Capital V% (6)% (8)% Preliminary 2012 fourth quarter results 3 GE Capital non-earnings/write-offs ($ in millions) Non-earning assets/non-earnings % fin. rec. 4Q’12 CLL 3Q’12 Total write-offs/write-offs % fin. rec. 4Q’11 4Q’12 $3,392 2.79% $3,309 2.56% Real Estate 444 2.12 682 2.59 790 2.41 Real Estate 350 5.93 115 1.71 140 1.68 GECAS (0) 0.00 50 0.43 55 0.46 GECAS 2 0.07 - 1 0.00 EFS 0 0.00 2 0.04 22 0.37 EFS - (3) (0.20) (1) (0.06) 4,194 3.64 4,155 3.71 4,585 4.03 Consumer 806 2.84 723 2.61 895 3.12 13 2.70 16 2.98 65 5.10 GECC Corporate 3 2.30 2 1.42 16 4.80 $7,528 2.75% $8,297 3.00% $8,826 2.99% $1,518 2.20% $989 1.42% $1,237 1.66% GECC Corporate GE Capital GE Capital $357 1.17% $152 0.49% 4Q’11 $2,877 2.37% Consumer CLL 3Q’12 $186 0.57% Preliminary 2012 fourth quarter results 4 GECC funding ($ in billions) Debt composition –a) Non-recourse securitization LT debt - TLGP LT debt nonguaranteed $443 29 35 268 $420 31 13 264 Unsecured term issuances $397-b) 30 $27 $9 253 '11 Deposits/CDs Alternative funding/other Comm’l. paper Bank lines CP coverage Cash & equiv. LT debt non-gtd. <1 yr. –c) 43 24 44 45 24 43 46 25 43 4Q'11 3Q'12 4Q'12 $52 100%+ $77 $80 $48 100%+ $78 $55 $32 $48 100%+ $62 $35 (a- Continuing operations (b- Includes ~$2.6 YTD FX impact & ~$0.2B YTD FAS 133 (c- Excludes callable LT debt non-guaranteed, LT debt from alternative funding/ other sources '12 '13 YTD • Completed $32B of LT debt issuance in 11 currencies in ’12 … including ~$4B in 4Q • Liquidity in the global CP markets continues to be strong • Alternative funding & deposits/CDs ~18% of total debt, securitization ~8% • Liquidity position remains strong • Completed MetLife deposit acquisition Preliminary 2012 fourth quarter results 5 GECC leverage ratio –a) ($ 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 4Q’12 3Q’12 4Q’11 $397.4 81.9 $420.5 81.3 $ 443.4 77.1 4.9 5.2 5.7 397.4 (7.7 ) (62.1 ) 327.6 420.5 (7.7) (77.9 ) 334.9 443.4 (7.7 ) (77.0 ) 358.7 81.9 7.7 89.7 81.3 7.7 89.1 77.1 7.7 84.8 3.7 3.8 4.2 (a- Includes discontinued operations for all periods (b- Total equity ex. non-controlling interests Preliminary 2012 fourth quarter results 6 GECC tier 1 common ratio estimate –a), -b) ($ in billions) 4Q’12 3Q’12 2Q’12 1Q’12 4Q’11 $81.9 $81.3 $79.8 $79.2 $77.1 Shareowners’ equity–c) - Preferred equity - Intang. & GW - Unr. G/(L) on invt. & hdg. - Other additions/(deductions) 81.9 (4.0 ) (28.6 ) 0.0 (0.8 ) 81.3 (4.0 ) (28.7 ) 0.4 (0.6 ) 79.8 (2.3 ) (28.5) 0.5 (0.7 ) 79.2 – (28.8 ) 0.7 (0.7 ) 77.1 (28.8 ) 1.1 (0.7 ) Tier 1 common 48.6 48.4 48.8 50.4 48.7 476.8 476.7 482.7 482.7 490.3 As reported Shareowners’ equity–c) Estimated risk weighted assets Tier 1 common ratio Tangible Common Equity / Tangible Assets 10.2% 10.2% 10.1% 10.4% 9.9% 9.7% 9.1% 9.3% 9.3% 8.7% (a- Includes discontinued operations for all periods (b- Based on Basel One RWA estimates (c- Total equity ex. non-controlling interests Preliminary 2012 fourth quarter results 7 GE Capital ending net investment ($ in billions) 4Q’12 3Q’12 2Q’12 1Q’12 4Q’11 GECC total assets $539.2 $561.6 $558.8 $573.4 $584.5 Less: assets of discontinued operations (1.1) (1.2) (1.5) (1.3) (1.7) Less: non-interest bearing liabilities (57.6) (57.5) (58.4) (60.1) (61.4) GE Capital ENI 480.5 502.9 498.9 512.0 521.4 Less: cash & equivalents (61.9) (77.7) (66.3) (76.2) (76.7) GE Capital ENI (ex. cash) $418.6 $425.2 $432.6 $435.8 $444.7 Preliminary 2012 fourth quarter results 8 GE Capital reserves ($ in billions) Allowances for losses $6.2 $5.4 Commercial Consumer Coverage: Reserves Non-earnings 2.6 $5.0 2.0 1.4 3.6 3.4 3.6 4Q'11 3Q'12 4Q'12 2.10% 70% 1.94% 65% 1.82% 66% Preliminary 2012 fourth quarter results 9 Industrial CFOA from continuing operations ($ in millions) 4Q’12 4Q’11 V% TY’12 TY’11 V% $7,174 $5,513 30% $17,826 $12,057 48% 980 – 6,426 – $6,194 $5,513 $11,400 $12,057 Less the effect of pension contributions – – 432 – Industrial CFOA excluding pension contributions $6,194 $5,513 $11,832 $12,057 Cash from GE’s operating activities as reported Less GECC dividends Cash from GE’s operating activities excluding dividends from GECC (Industrial CFOA) 12% 12% (5)% (2)% Preliminary 2012 fourth quarter results 10 Effective tax rate GE (ex. GECC) ($ in millions) 4Q’12 4Q’11 TY’12 TY’11 GE earnings from continuing operations before income taxes $5,128 $4,417 $16,852 $19,231 Less GECC earnings from continuing ops. attributable to the company 1,808 1,660 7,401 6,584 $3,320 $2,757 $9,451 $12,647 $694 $402 $2,013 $4,839 Adjusted earnings from continuing ops. before income taxes GE (ex. GECC) provision for income taxes – continuing ops. Effective tax rate GE (ex. GECC) 21% 15% 21% 38% Preliminary 2012 fourth quarter results 11 GE Industrial segment organic revenue growth ($ in millions) Industrial segment revenue Less the effects of: Acquisitions, business dispositions (other than dispositions of businesses acquired for investment) & currency exchange rates 4Q’12 4Q’11 $28,216 $27,145 4% (24 ) V% 40 Industrial revenues excluding the effects of acquisitions, business dispositions (other than dispositions of businesses acquired for investment), currency exchange rates $28,240 $27,105 4% TY’12 TY’11 V% $102,811 $95,225 8% 972 1,112 $101,839 $94,113 8% Preliminary 2012 fourth quarter results 12 Operating earnings & EPS ($ in millions except earnings per share) Earnings from continuing operations attributable to GE Adjustment (net of tax): non-operating pension costs/(income) Operating earnings Earnings per share – diluted–a) Continuing earnings per share Adjustment (net of tax): non-operating pension costs/(income) Operating earnings per share Less: preferred stock redemption Operating earnings per share excluding the effect of the preferred stock redemption 4Q’12 4Q’11 V% TY’12 TY’11 $4,316 $3,970 9% $14,679 $14,227 350 172 1,386 688 $4,666 $4,142 13% $16,065 $14,915 8% $0.41 $0.37 11% $1.39 $1.24 12% .03 .02 .13 .06 $0.44 $0.39 $1.52 $1.31 – – – .08 $0.44 $0.39 $1.52 $1.38 13% 13% V% 3% 16% 10% (a- Earnings per share amounts are computed independently. As a result, the sum of per share amounts may not equal the total Preliminary 2012 fourth quarter results 13