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25-Jan-2010 1:11 PM

GECAS revenue up 1%, profits rise in 4Q2009

General Electric (GE) revenue down 10% - financial highlights:

  • Three months ended 31-Dec-2009:
    • Total revenue: USD41,438 million, -10% year-on-year;
      • Technology Infrastructure: USD11,274 million, -10%;
        • Aviation: USD4,750 million, -8%;
        • Transportation: USD617 million, -56%;
      • Capital Finance: USD12,522 million, -15%;
        • GECAS: USD1,219 million, +1%;
    • Total costs: USD38,817 million, -11%;
    • Profit from continuing operations: USD3,145 million, -19%;
    • Segment profit (loss): USD5,375 million, -16%;
      • Technology Infrastructure: USD2,105 million, -16%;
        • Aviation: USD950 million, -18%;
        • Transportation: (USD157 million), compared to a profit of USD212 million in the previous corresponding period;
      • Capital Finance: USD336 million, -67%;
        • GECAS: USD277 million, +16%;
    • Net profit: USD3,013 million, -19%;
  • 12 months ended 31-Dec-2009:
    • Total revenue: USD156,783 million, -14%;
      • Technology Infrastructure: USD42,474 million, -8%;
        • Aviation: USD18,728 million, -3%;
        • Transportation: USD3,827 million. -24%;
      • Capital Finance: USD50,622 million, -24%;
        • GECAS: USD4,705 million, -4%;
    • Total costs: USD146,439 million, -10%;
    • Profit from continuing operations: USD11,434 million, -39%;
    • Segment profit: USD19,339 million, -27%;
      • Technology Infrastructure: USD7,489 million, -8%;
        • Aviation: USD3,923 million, +6%;
        • Transportation: USD473 million, -51%;
      • Capital Finance: USD2,344 million, -73%;
        • GECAS: USD1,023 million, -14%;
    • Net profit: USD11,241 millions, -38%. [more]

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