GE Works 2011 Annual Report CONTENTS 2 Letter to Shareowners 10 Business Overview 29 Board of Directors 31 Financial Section 142 Corporate Information 2011 SUMMARY CONSOLIDATED REVENUES (In $ billions) 2007 170 NBCU 155 2008 180 163 154 139 150 133 2009 2010 financial and strategic highlights 2011 147 142 22% GROWTH CONTINUES 22% increase in Operating EPS excluding impact of the preferred stock redemption, and 20% rise in Operating earnings. $200B RECORD INDUSTRIAL BACKLOG Record equipment and service orders drove the backlog to a record of $200 billion. GE ex NBCU EARNINGS ATTRIBUTABLE TO GE (In $ billions) 2007 22.3 NBCU 20.4 17.8 15.9 GE ex NBCU 10.8 9.5 2008 2009 2010 2011 $85B FINANCIAL …show more content…
We need each other to be successful. We made the decision to invest $1 billion in our Appliance business, modernizing our factories in the U.S. Our first two new products will be introduced early in 2012, with other major launches throughout the next two years. Most of 2 GE 2011 ANNUAL REPORT our appliance product manufacturing will move back from China and Mexico to the U.S. We think we can make more money and serve our customers better. We also think this will make us a better manufacturing company in every corner of the world. But it is only possible because our designers, factory workers, managers and marketers work together. GE is a “We Company.” We are solving problems, tough problems. We are in the seventh year of a clean energy business strategy called ecomagination. Clean energy goes in and out of focus for governments and consumers. But, at GE, we are steadfast in our investing. In 2011, we had $21 billion of clean energy revenue, growing twice as fast as the Company average. Ecomagination drives growth because we are solving problems for our customers. At coal mines, from Pennsylvania to Peru, our water solutions allow customers to operate productively while achieving high environmental standards. We demonstrate every day that, through innovation, we can meet societal needs and do it profitably. We deliver results. That is the ultimate output of a strong culture. Over the next few years, our performance will accelerate. We aim to reward investors by
Net income on the income statement: $2,377,000,000 ($5.37 per share), which is an increase of 15% compared to 2014.
Cost of Goods Sold – totaled $3,294,000.00 for year 6, and from years 6 to 7 grew +32.8% or $1,048,000.00.
I think that if GE stays the course with innovative, ground breaking technology and development, investing in greener more efficient materials and
2008 1.66 0.82 $6,976 2008 2.43times 5.89times 8.83times 8.64times 1.38times 2008 0.69 2.22 0.15 $864
In the seven years (since 1994), that Lou Gerstner reigned over IBM, the company’s earnings per
Find an annual report for a company of your choice and answer the following questions:
When analyzing the DuPont model, we determined that GIS has a higher profit margin, low asset turnover ratio, and low financial leverage versus the industry average, leading GIS not to perform with the same efficiency as the Industry Composite. GIS’s return on equity (ROE) was 28.25% in 2011, dipped to 24.41% in 2012, and then rose to 27.80% in 2013. GIS three-year average ROE of 26.82% is below the industry three-year median of 30.78%. This is largely attributable to a decrease on Equity due to the acquisitions that began on 2011. GIS asset turnover ratio remained steady for the past three years with a median of 0.79; however, competitors achieved a higher asset turnover ratio, of 1.07. The three-year average equity multiplier of 3.21 shows that their financial leverage is slightly lower compared to the industry median of 3.33, which indicates that the company relies less on debt rather than equity to finance its assets.
The inancial analysis of the company for 1995, comparing data from 1993 and 1994 Very well researched
From ready-to-eat cereal to convenient meals to wholesome snacks, General Mills is one of the biggest food products manufacturers and competes in growing food categories that are on-trend with consumer tastes around the world. The company markets many well-known brands, such as Haagen Daazs, Yoplait, Betty Crocker, Totinos, and Cheerios, among others. Main rivals include Kellogg, Kraft, Conagra Foods, and Sara Lee. General Mills sells its products in three segments: U.S. retail (63% of net sales), International (25% of net sales), and Bakeries and Foodservices (12% of net sales). In addition, General Mills sells cereals and ice cream through its Cereal Partners Worldwide and Haagen Daazs Japan
Also; Citigroup, Inc. another competitor for the GE Company made a total of $64.95 billion in 2011, and when we compare it with GE and SI its earnings where even less in the same year, making General Electric a leader in the industry. With this valuable information GE management can analyze its competitor’s financial statements results and from there they can evaluate their faults and create new ways to increase their annuals earnings and secure their place as one of leading companies in their industry. Another way GE can go forward in the industry is by adapting its services and products to other countries that need them.
billion (Exhibit 1 provides a summary of financial information). After a decade of rapid growth,
I chose to look into General Electric for this project because they are an energy supplier and multi-national company. Energy providers have a reputation as a money hungry companies that care about the bottom line more than people and the planet. It is easy for a person to assume that a corporation of GE’s size, money would be its only concern. What I learned was that GE has a public image problem more than a Corporate Social Responsibility (CSR) problem. The company has been working to make the people of the planet more Earth friendly by creating technology that has higher efficiency with fewer emissions and lower resource demands. GE has a well-established strategy for Corporate Social Responsibility. As a result of CSR the company
worth $32,8 billion, which is more than CBS. The market has several segments of the its
Consolidated revenues of 1,656.55 billion in the financial year 2011-12. Number of employees: 55,000 plus.