General Electric (GE) 2010年年度报告「NYSE」.pdf

1、GE REvEnuEWoRld PoPulationGE 2010 annual ReportGROWTH STaRTS Here.GE 2010 Annual Report General Electric CompanyFairfield,Connecticut 1892201015518217215115020072006200820092010CONSOLIDATED REVENUES(In$billions)10.918.022.419.312.620072006200820092010EARNINGS FROM CONTINUING OPERATIONS ATTRIBUTABLE

2、TO GE(In$billions)16.816.013.920072006GECS Dividend*IndustrialCFOA20082009201023.323.819.116.414.7CASH FLOW FROM OPERATING ACTIVITIES(In$billions)*No GECS dividend paid in 2009 and 2010.15%RETURN TO GROWTHDisciplined execution drove a 15%rise in GE earnings from continuing operations20%INVESTING IN

3、INNOVATIONGE boosted company-funded R&D spending by 20%in 2010$79BFINANCIAL FLEXIBILITYGE had$79 billion in consolidated cash and equivalents at year-end 2010,with$19 billion in cash at the parent$175BRECORD INDUSTRIAL BACKLOGStrong equipment and services orders growth resulted in a record$175 billi

4、on backlog6,300U.S.MANUFACTURING JOBSIn 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 recession24%TOTAL SHAREHOLDER RETURNGE total shareholder return(TSR)appreciated 24%in 2010,nine percentage points better than

5、 the S&P 500 TSR40%DELIVERING FOR SHAREOWNERSTwo dividend increases in 2010 provided a total 40%improvement versus the beginning of the yearOn the cover GEs product and services offerings are aligned with human needs and growth opportunities around the world.As global population has grown over the p

6、ast 118 years,GEs revenue has grown at an even faster rate.$17BU.S.EXPORTSInternational sales of American-made products totaled$17 billion in 2010,more than double the level of company U.S.exports in 2001 CONTENTS 1 Letter to Shareowners 9 Business Overview 28 Board of Directors 29 Financial Section