General Electric (GE) 2006年年度报告「NYSE」.pdf

1、General Electric 2006 Annual ReportGeneral Electric CompanyFairfield,Connecticut ge 2006 annual report Invest and Deliver Thanks to the customers,partners and GE employeeswho appear in this annual report for contributing their time and support.This document was printed on paper that contains from 10

2、%to 100%post-consumer material.The majority of the power utilized was renewable energy,produced with GE s wind and biogas technologies,and powered by GE steam engines and turbine engines.The paper was supplied by participants of the Sustainable Initiative Programs.GE employed a printer that produces

3、 all of its own electricity and is a verifi ed totally enclosed facility that produces virtually no volatile organic compound emissions.Visit our interactive online annual reportat Partners,Inc.Principal Photography:Douglas Menuez,John Midgley,Jason Schmidt Printing:Cenveo Anderson Lithograph conten

4、ts3 Letter to Investors 12 Winning in the Future 20 Leadership Businesses 24 Execution&Financial Discipline 26 Growth as a Process 34 Our People 40 Governance 44 Citizenship 45 Financial Section 114 Corporate Management 116 Corporate Information CONSOLIDATED REVENUES 2002 2003 2004 2005 2006(In$bill

5、ions)163 148 134 112 113 DILUTED EARNINGS PER SHARE FROM CONTINUING OPERATIONS BEFORE ACCOUNTING CHANGES 2002 2003 2004 2005 2006(In dollars)1.99 1.76 1.591.46 1.40 GE CUMULATIVE CASH FLOWS 2002 2003 2004 2005 2006(In$billions)84 60 A.Cash flows from 38 operating activities B.Dividends paid 23 C.Sha

6、res 10 repurchased($)Performance Summary A B C Throughout the economic cycles,GE s long-term financial goals are:organic revenue growth of 23X GDP;greater than 10%annual earnings growth;operating cash flow exceeding earnings growth;and a return on average total capital of 20%.here is how ge performe