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THE GENERAL ELECTRIC COMPANY General Electric Company is an American multinational conglomerate incorporated in Schenectady, New York and headquartered in Fairfield, Connecticut, Unites States. The Company operates through four segments: Energy Technology, Capital Finance and Consumer & Industrial.

COMPANY HISTORY: The history of General Electric Company is a significant part of the history of technology in the United States. General Electric (GE) has evolved from Thomas Edison's home laboratory into one of the largest companies in the world, following the evolution of electrical technology from the simplest early applications into the high-tech wizardry of the early 21st century. The company has also evolved into a conglomerate, with an increasing shift from technology to services, and with 11 main operating units Thomas Edison & GE 1876 was also the year that Thomas Alva Edison opened a laboratory in Menlo Park, New Jersey, where he could explore the possibilities of the dynamo and other electrical devices that he had seen in the Exposition. Out of that laboratory was to come perhaps the greatest invention of the age - a successful incandescent electric lamp. By 1890, Edison established the Edison General Electric Company by bringing his various businesses together. During that period, a competitor emerged. The Thomson-Houston Company became a dominant electrical innovation company

through a series of mergers led by Charles A. Coffin, a former shoe manufacturer from Lynn, Massachusetts. As both businesses expanded, it had become increasingly difficult for either company to produce complete electrical installations relying solely on their own patents and technologies. In 1892, the two companies combined. They called the new organization the General Electric Company. Several of Edison's early business offerings are still part of GE today, including lighting, transportation, industrial products, power transmission, and medical equipment. The first GE Appliances electric fans were produced at the Ft. Wayne electric works as early as the 1890s, while a full line of heating and cooking devices were developed in 1907. GE Aircraft Engines, the division's name only since 1987, actually began its story in 1917 when the U.S. government began its search for a company to develop the first airplane engine "booster" for the fledgling U.S. aviation industry. Thomas Edison's experiments with plastic filaments for light bulbs in 1893 led to the first GE Plastics department, created in 1930. GE's leaders through the years have built a diverse portfolio of leading businesses; a stream of powerful company-wide initiatives that drives growth and reduces cost; financial strength and Controllership that allow it to capitalize on opportunities through numerous cycles; and a set of common values that allows it to face any environment with confidence. ABOUT GE GE is a diversified infrastructure, finance and media company taking on the world's toughest challenges. From aircraft engines and power generation to financial services, medical imaging, and television programming, GE operates in more than 100 countries and employs about 300,000 people worldwide.
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General Electric

GE has a strong set of global businesses in infrastructure, finance and media aligned to meet today's needs, including the demand for global infrastructure; growing and changing demographics that need access to healthcare, finance, and information and entertainment; and environmental technologies. In 2010, GE delivered solid results despite the tough economic climate with earnings of $12.6 billion. Industrial cash flow from operating activities for the year remained strong at over $14.7 billion. GE traces its beginnings to Thomas A. Edison, who established Edison Electric Light Company in 1878. In 1892, a merger of Edison General Electric Company and Thomson-Houston Electric Company created General Electric Company. GE is the only company listed in the Dow Jones Industrial Index today that was also included in the original index in 1896. Locations Headquarters General Electric Company 3135 Easton Turnpike United States Fairfield, CT 06828-0001 Global Locations 160 countries

ECOMAGINATION Ecomagination puts into practice GE's belief that financial and environmental performance can work together to drive company growth while taking on some of the world's toughest challenges.


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General Electric

HEALTHYMAGINATION GEs "healthymagination" is about better health for more people. GE has committed $6 billion to continuously develop innovations that help clinicians and healthcare providers deliver high-quality healthcare at lower cost to more people around the world.

Worldwide, GE invests about $1 billion annually on training and education programs to develop some of the best leaders and some of the most widely practiced business techniques. The centerpiece of its commitment to excellence in leadership development is the John F. Welch Leadership Center at Crotonville, New York, the world's first major corporate business school. COMMUNITY GE applies its long-standing spirit of innovation and unique set of capabilities to take on tough challenges in our communities. GE signature programs, Developing Health Globally and Developing Futures, each represent a $130-million commitment to making a lasting impact in the communities where employees work and live and beyond. In 2009, GE introduced a new signature program, Developing Health, which aims to address the disparities in quality and access of healthcare in underserved communities in the United States. GE BUSINESSES GE has a strong set of global businesses in infrastructure and finance aligned to meet todays needs, including the demand for global infrastructure; growing and changing demographics that need access to healthcare, finance and information; and environmental technologies.


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General Electric

Infrastructure Infrastructure businesses are helping build the energy, health, transportation, and technology infrastructure of the new century. These businesses provide the products and services that help developing regions participate in the global economy while also helping developed regions upgrade with cleaner, more efficient and better infrastructure technologies. Finance Our financial business offers an array of products and services aimed at enabling commercial businesses, consumers, and markets worldwide to build a stronger, better future. With a smaller, more focused structure, GE Capital is concentrating on the strategic partnerships and joint ventures that help GE as a whole capitalize on market-specific opportunities. Energy Energy Services Oil & Gas Power & Water

Technology Infrastructure Aviation Healthcare Transportation

GE Capital Americas Asia Pacific Aviation Financial Services Consumer Finance Europe Middle Africa Energy Services Real Estate
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General Electric

Home & Business Solutions Appliances & Lighting Intelligent Platforms

CORPORATE CITIZENSHIP GE's approach to corporate citizenship and to business are driven by a common understanding of the role we can play in helping to solve the world's toughest problems. Our goals are to make money (strong, sustained economic performance), make it ethically (rigorous compliance with financial and legal rules), and make a difference (ethical actions, beyond formal requirements, to advance GEs reputation and long-term health). GE's corporate citizenship strategy is defined by three key pillars of energy and climate change, sustainable healthcare and community building, and underpinned by a foundation of operational excellence in the way that it does business. GE highlights its citizenship performance with data points, metrics, actions and progress made in the following priority areas: GE People Talent is the lifeblood of any organization, and GE views employees as its highestpriority resource. While GEs people number nearly 300,000with more than half located outside the United States quality is always a more important measure than quantity. Maintaining the right environment for employees is essential to keeping this quality at the highest levels. From internships to comprehensive benefits and compensation, GE takes a thorough approach to providing skills and value to employees. Innovative programs are in place to perpetuate a culture of health for GEs people, while labor relations policies and employment practices ensure an environment grounded in fairness. The ability of

employees to deliver candid feedback is an important component, as is a rigorous initiative to foster diversity. In addition, GE continues to invest in leadership and development training. To attract, retain and bring out the best in its people, GE offers challenging, rewarding careers where employees are able to continuously learn growing their personal and professional capabilities, as well as GEs ability to excel. Compliance & Governance In a time of rigorous regulatory oversight and enforcement, strong compliance and governance processes are more important than ever for global organizations. Merely having regulations in place is not enoughcompanies must devote significant attention and resources to ensuring that such rules are truly embedded in their actions every day. GE infuses compliance and governance into every aspect of its business. On a companywide level, the Regulatory Excellence initiative has mandated a full reexamination of GEs compliance systems and processes to assure that risks are anticipated and managed effectively. Processes are in place for executive accountability and compliance training, and an open reporting environment and acquisition framework set the tone for a culture of integrity. Public Policy The advancement of global policy initiatives is an important activity for organizations large and small. In GEs case, the motivation for such an endeavor goes beyond the commercial. By furthering discussion in such areas as trade, energy, healthcare, education and human rights, GE is able to share best practices while gaining new knowledge around solving the worlds biggest problems.

Grounded in thought leadership, GEs public policy activity bridges the worlds of business, government affairs, citizenship and philanthropy. Whether it regards economic reform, technological innovation or the rule of law, our approach seeks the most effective partnerships between government and industry and informing policy discussions is a proven path to such collaboration. Environment, Health & Safety In the context of citizenship, the term environment has two important connotations. It refers to both GEs communities and the organizations workplace, within which the health and safety of employees must be ensured. At GE, a dedicated team is responsible for applying world-class expectations, operational tools and training that ranges from greenhouse gas emissions and water use to workplace illness and injury. GEs focus on environment, health and safety (EHS) extends beyond the Companys walls, as it works with suppliers to provide a safe and healthy workplace for its own employees and reduce the environmental impact on local communities RESEARCH & DEVELOPMENT At GE, Research has been the cornerstone of innovation for over a century. Today GE has approximately 36,000 technologists working across their businesses and global research centers at the intersections of technology and industry to solve some of the worlds toughest problems. Global Research Highlights GE Global Research is the hub of technology development for all of GE's businesses, with 10 global laboratories organized by scientific disciplines all focused on leveraging technology breakthroughs across multiple GE businesses. Each lab crosses geographic borders where people from the US, Europe, China and India collaborate and build on each success.

Beyond the strong partnerships that scientists have with GE's business divisions, GE continues to look for the best partnerships with its customers, industry leaders, government and academia to enhance the company's technology capabilities. Together, we are innovating 24 hours a day, driving growth for GE's businesses and redefining what's possible.

WORLDWIDE ACTIVITIES GE is working in over 100 countries of the world; more than half of GEs revenues come from outside the United States. Northern Asia With its accelerated growth rate and migration of population to urban areas, China is a market of tremendous opportunity for GE - particularly for its infrastructure businesses. GE's "Company to Country" strategy for China means localizing its business to China, building on local capabilities and developing local resources.

China India

Japan Korea (South)



Southeast Asia GE has long been a vital part of the Southeast Asian economies. Today GE is supplying cutting-edge technology to hospitals in Malaysia; helping to build the infrastructure of Indonesia; providing clean energy and water solutions to the Philippines; building aircraft engines in Vietnam; and much more.

Cambodia Indonesia Malaysia

Philippines Singapore Thailand


Australia / New Zealand The story of GE in Australia began in 1902 when GE installed an electric motor for raising Sydney's Pyrmont Bridge over the harbor. GE's presence in New Zealand began more recently in 1982. Today, GE is making new and sizable investments in New Zealand, with the recent purchases of AGZ (NZ) Ltd. and the commercial property portfolio of AMP. Together, the two countries are home to more than 6,000 employees who serve across four businesses.


New Zealand

Europe Eastern Europe is growing at three times the global rate. GE has been a part of that growth, providing new technologies to build the region's infrastructure, and investing $52 million to build a Global Research Center in Munich, Germany. Russia has been one European country in which GE has made significant investments. GE is one of the largest foreign companies in Russia, operating multiple businesses including an equipment fleet with more than 1,500 large units.

Austria Belgium Czech Republic Denmark Finland France Germany Greece

Hungary Ireland Israel Italy Luxembourg Netherlands Norway Poland

Portugal Romania Russia Spain Sweden Switzerland Turkey United Kingdom

Middle East / Africa GE established its first foreign office in Africa in 1898. More than a century later, our African roots are deep. Today we are working in partnership with the government of South Africa to boost industry and commerce in the country's economy. The Middle East is diversifying beyond its oil-based economy with explosive development. GE is enabling growth with crucial investments of infrastructure resources such as oil and gas as well as aviation.

Algeria Angola Bahrain Egypt Ghana Iraq

Jordan Kenya Kuwait Lebanon Nigeria Oman

Qatar Saudi Arabia South Africa United Arab Emirates

NORTH AMERICA North America is where GE is headquartered today. As developing markets surpass developed countries in growth over the next ten years, GE's North American presence will exercise its leadership and innovation on an ever-broader scale as we seek to create jobs and opportunity everywhere we serve.


United States

LATIN AMERICA Latin America is heating up due to rapid growth in key industries and a more open trade market. GEs "Company to Country" strategy is helping to build Latin America's transportation, healthcare and infrastructure needs. And its citizenship efforts are resulting in cleaner water and education for underprivileged areas.

Argentina Brazil Chile

Colombia Mexico Peru


LEADERSHIP Jeff Immelt, CEO Jeffrey R. Immelt is GE's Chairman and CEO. Since beginning his tenure in 2001, he has worked to transform GE into a leader in essential themes tied to world development, such as emerging markets, environmental solutions, demographics and digital connections. Mr. Immelt also laid the vision for GE's ambitious ecomagination initiative and has been named one of the "World's Best CEOs" three times by Barron's. Executive Leaders GE's new generation of growth leaders - the men and women who are driving GE's many businesses. Highly regarded as the top leaders in their industries, each is leading their respective organizations to become closer to their customers, while finding new operational efficiencies and ways to work toward a better future. Board of Directors GE's Board of Directors ensures the company serves the interests of shareowners and other key stakeholders with the highest standards of integrity and compliance. Serving equally as tough critics and wise counselors, they provide in-depth oversight of the major strategic issues of the company.

GOVERNANCE Governance principles stand as the strong framework for GE's governance structure. Abstract of Governance Principles 1. Role of Board and Management 2. Functions of Board

3. Qualifications 4. Independence of Directors 5. Size of Board and Selection Process 6. Board Committees 7. Independence of Committee Members 8. Meetings of Non-Management Directors 9. Board Leadership 10. 11. 12.

Self-Evaluation Setting Board Agenda Ethics and Conflicts of Interest

Reporting of Concerns to Non-Management Directors or the Audit Committee 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. Compensation of the Board Succession Plan Annual Compensation Review of Senior Management Access to Senior Management Access to Independent Advisors Director Education Policy on Poison Pills Majority Vote Standard Stock Ownership Requirements Shareowner Approval of Severance and Death Benefits Potential Impact on Compensation from Executive Misconduct


The reach of GE businesses is reflected in its expansive line of products and services that span many industries and customers world wide. GE businesses all share one important trait: each harnesses the power of imagination to make life better for customers and consumers all around the world.

Appliances GE is one of the largest manufacturers of major appliances in the world, producing Monogram, GE Profile and many more brands. Discover how GE appliances deliver their remarkable efficiency.

Aviation GE is the world's leading provider of aviation services and the leading producer of jet engines. GE supply the world with engines for commercial, corporate, military and marine industries. Consumer Electronics Built with reliability and usability in mind, GE products use the best of technology making life easier every room of the house.

Electrical Distribution GE provides a wide assortment of integrated equipment and systems to ensure safe and reliable power delivery. Electrical distribution and control solutions manage power in a variety of residential, commercial and industrial applications.


GE electrifies the world by providing energy products and services to more than 120 countries. With its coal, oil, natural gas, nuclear energy, water and wind technologies it can deliver solid productivity returns and significant environmental benefits.

Finance Business GE Commercial Finance serves clients in over 35 countries by providing loans, operating leases, financing programs, commercial insurance and equipment leasing to help global business grow.

Finance Consumer GE Money is a leading provider of credit services, offering credit, loans, mortgages and more. GE serves consumers, retailers, auto dealers and mortgage lenders worldwide.

Healthcare GE provides medical technologies and services that are shaping a new age of patient care. From medical imaging and information technologies to diagnostics and drug discovery, it help clinicians around the world reimagine new ways to help their patients live longer fuller lives.

Lighting Since the day Thomas Edison discovered a better filament for the incandescent lamp, GE has been lighting up the world. 128 years later, GE still provide a range of innovative products for consumer, commercial and industrial markets.

Oil & Gas GE provides global technology-based products, services and complete solutions to the oil and gas industry.

Rail GE is the leading supplier to the world's railroads, pioneering locomotive and railroad management technologies that are economically advantageous and ecologically sound.

Software & Services GE is a global provider of software, hardware, services, and expertise in manufacturing; remote monitoring and diagnostics; and customer vertical solutions.

Water For over 100 years, GE has been a leading global supplier of water treatment, wastewater treatment and efficient process systems solutions.

Principal Subsidiaries of GE American Silicones, Inc.; Bently Nevada, LLC; Caribe GE International Electric Meters Corp. (Puerto Rico); Cardinal Cogen, Inc.; Datex-Ohmeda, Inc.; Elano Corporation; GEAE Technology, Inc.; GE CGR Europe (France); GE Drives and Controls, Inc.; GE Druck Holdings Limited; GE Electric Canada, Inc.; GE Energy Europe, BV (Netherlands); GE Energy Parts Inc.; GE Energy Products, Inc.; GE Energy Services, Inc.; GE Energy Services-Dallas, LP; GE Engine Services Distribution, LLC; GE Engine Services, Inc.; GE Fanuc Automation Corporation (50%); GE Gas Turbines (Greenville) L.L.C.; GE Hungary Co., Ltd.; GE Interlogix,

Inc.; GE Investment, Inc.; GE Keppel Energy Services Pte., Inc. (Singapore); GE Medical Global Technology Co., LLC; GE Medical Systems Information Technologies, Inc.; GE Medical Systems, Inc.; GE Packaged Power L.P.; GE Petrochemicals, Inc.; GE Plastic Finishing, Inc.; GE Plastics Espaa ScPA (Spain & Canary Islands, Balearic Island); GE Plastics Pacific Pte. Ltd. (Singapore); GE Polymerland, Inc.; GE Power Systems Licensing Inc.; GE Quartz, Inc.; GE Silicones WV, LLC; GE Superabrasives, Inc.; GE Transportation Parts, LLC; GE Transportation Services, LLC; GE Transportation Systems Global Signaling, LLC; GEA Products LP; General Electric International (Benelux) BV (Netherlands); General Electric International, Inc.; Granite Services, Inc.; National Broadcasting Company; Nuclear Fuel Holding Co., Inc.; Nuovo Pignone Holding S.p.A. (Italy); OEC Medical Systems Inc.; PII Limited (U.K.); Reuter-Stokes, Inc.; Sensing Solutions, Inc.; Viceroy, Inc.; General Electric Capital Services, Inc.; General Electric Capital Corporation; GE Global Insurance Holding Corporation.

FINANCIAL REPORT Fourth Quarter Earnings & Total Year 2011 GE announced fourth-quarter 2011 Operating Earnings of $4.1 billion, or $0.39 per share, up 6% and 11% respectively from the fourth-quarter of 2010. Revenues were $38.0 billion for the quarter and $147.3 billion for the year. Record Infrastructure orders of $28.6 billion in the fourth quarter enabled GE to end the year with a backlog of $200 billion, the largest in its history.