资源描述:
《GE的2008年年报》由会员上传分享,免费在线阅读,更多相关内容在行业资料-天天文库。
1、InfrastructureFinanceMediaWeareGE2008AnnualReport2008SummaryCONSOLIDATEDREVENUES20042005200620072008(In$billions)1831721521361245-yearaveragegrowthrateof12%EARNINGSFROMCONTINUINGOPERATIONS20042005200620072008(In$billions)22.519.318.117.315.65-yearaveragegrowt
2、hrateof7%EarningsGrowthRates20042005200620072008GE18%11%12%16%(19%)S&P50025%10%14%(7%)(30%)CONTENTS2008COMPANYHIGHLIGHTS1LettertoInvestors•Earningswere$18.1billion,thethirdhighestinCompanyhistory9BusinessOverview14Governance•Revenuesgrew6%toaCompanyrecordof$1
3、83billion16BoardofDirectors•Globalrevenuesgrew13%17FinancialSection•InfrastructureandMediasegmentsgrewoperatingprofit10%108CorporateInformation•Totalequipmentandservicesbackloggrewto$172billion,anincreaseof9%•Servicesgrew10%withabacklogof$121billion•Industrial
4、organicrevenuesgrew8%•Invested$15billionintheintellectualfoundationoftheCompany,includingproducts,training,marketing,andprogramming•Filed2,537patentapplicationsin2008,anincreaseof8%•Named4thmostvaluablebrandintheworldbyBusinessWeekNote:Financialresultsfromcon
5、tinuingoperationsunlessotherwisenotedpicturedlefttoright(*seated)JeffreyR.Immelt,ChairmanoftheBoard&ChiefExecutiveOfficerMichaelA.Neal,*ViceChairman,GEandChairman&ChiefExecutiveOfficer,GECapitalKeithS.Sherin,ViceChairman,GEandChiefFinancialOfficerJohnG.Rice,*
6、ViceChairman,GEandPresident&ChiefExecutiveOfficer,TechnologyInfrastructureJohnKrenickiJr.,ViceChairman,GEandPresident&ChiefExecutiveOfficer,EnergyInfrastructureDearFellowOwners,2008wasatoughyear,andweexpect2009tobeeventougher.TheliquiditychallengeIreportedinl
7、astyear’sletterhasbecomeaglobalfinancialmeltdown.In2008,weworkedhardtokeeptheCompanysafeandtoanticipatehowthefinancialcrisiswouldimpactourbusinesses.Inthepast,Ibelievedthatourdiversifiedportfoliowouldprotectusinallkindsofeconomiccycles.Butweneveranticipatedag
8、lobalfinancialsystemfailureanditscontinuingeconomicfallout.208941_anderson-narrative.indd12/23/095:01PMThemacro-environmenthasbeenbrutal.Thelossesinthewholefinancialservicesindustryareproj