5:45 PM GE (General Electric) Financial Overview/Highlights 2010 | |
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15% RETURN TO GROWTH Disciplined execution drove a 15% (percent) rise in GE earnings from continuing operations 20% INVESTING IN INNOVATION GE boosted company-funded R&D spending by 20 percent in 2010. $79B FINANCIAL FLEXIBILITY GE had 79 billion dollars in consolidated cash and equivalents at year-end 2010, with 19 billion dollars in cash at the parent. $175B RECORD INDUSTRIAL BACKLOG Strong equipment and services orders growth resulted in a record 175 billion dollars backlog. 6,300 U.S MANUFACTURING JOBS In the past two years, GE has announced creation of more than 6,300 new U.S. manufacturing jobs, many in regions hardest hit by the economic recession 24% TOTAL SHAREHOLDER RETURN GE total shareholder return (TSR) appreciated 24 percent in 2010, nine percentage points better than the S&P 500 TSR 40% DELIVERING FOR SHAREOWNERS Two dividend increases in 2010 improvement versus the beginning of the year. $17B US EXPORTS International sales of American-made products totaled $17 billion in 2010, more than double the level of company US exports in 2001 CONSOLIDATED REVENUES  EARNINGS FROM CONTINUING OPERATIONS ATTRIBUTABLE TO GE  GE CASH FLOW FROM OPERATING ACTIVITIES  GE EARNINGS GROWTH RATES  | |
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