GE: Financial Health Analysis

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…Costs & Expenses Cost of Goods Sold 34.0 31.6 31.0 Cost of Services Sold 10.1 10.4 10.2 Interest & Charges 9.3 9.7 8.9 Insurance Losses 9.1 9.6 8.9 Provision for Losses 1.5 1.6 1.5 Other Costs & Expenses 23.5 23.4 24.2 Minority Interest .2 .3 .3 Total Costs/Expenses (87.7) (86.6) (86.0) Earnings Before Taxes 12.3 13.4 14.0 Provision for Taxes (3.3) (4.2) (4.4) Net Earnings 9.0 9.2 9.6 Exhibit 5 Common-Size Balance Sheet Analysis: GE 1997-1999 ITEM 1997 [%] 1998 [%] 1999 [%] Assets Cash & Equivalents 1.1 1.2 2.1 Investment Securities 22.1 22.1 20.2 Current Receivables 2.5 2.3 2.1 Inventories 1.7 1.7 1.7 GECS Receivables 41.2 41.2 41.3 Fixed Assets 9.9 10.0 10.1 Other 21.5 21.5 22.5 Total Assets 100.0 100.0 100.0 Liabilities & Equity Short-Term Liabilities 39.8 39.8 39.8 Long-Term Liabilities 47.8 48.1 48.4 Total Liabilities 87.6 87.9 88.2 Common Stock .2 .2 .1 Other Capital 3.4 3.6 3.8 Retained Earnings 13.8 13.7 13.6 Treasury Stock (5.0) (5.3) (5.6) Total Liability & Equity 100.0 100.0 100.0