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Proprietary material for authorized CWA use only. This material may not be reproduced, distributed, or used without permission from CWA. Quick Overview.

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Presentation on theme: "Proprietary material for authorized CWA use only. This material may not be reproduced, distributed, or used without permission from CWA. Quick Overview."— Presentation transcript:

1 Proprietary material for authorized CWA use only. This material may not be reproduced, distributed, or used without permission from CWA. Quick Overview Rank #7 in Fortune 500 in terms of revenues ($15 billion) If ranked separately, all of GE segments would appear on Fortune 500 1899-2006: 108 consecutive years of growth $51,750 = profit per employee (2005) “Most Admired Company” (Fortune Magazine) AAA credit rating Sole company from original Dow Jones Industrial Average 5 million shareowners

2 Proprietary material for authorized CWA use only. This material may not be reproduced, distributed, or used without permission from CWA. Six Operating Segments GE Infrastructure GE Industrial GE Healthcare NBC Universal GE Commercial Finance GE Money

3 Proprietary material for authorized CWA use only. This material may not be reproduced, distributed, or used without permission from CWA. Many Businesses GE Infrastructure –Aviation –Aviation Financial Services –Energy –Energy Financial Services –Oil & Gas –Transportation GE Healthcare NBC Universal GE Commercial Finance –Capital Solutions –Real Estate GE Money GE Industrial –(Advanced Materials) –Consumer & Industrial Appliances Electrical Distribution Systems Lighting –Equipment Services –Fanuc Automation –Inspection Technologies –Plastics –Security –Sensing

4 Proprietary material for authorized CWA use only. This material may not be reproduced, distributed, or used without permission from CWA. Revenues Show Steady Increase

5 Proprietary material for authorized CWA use only. This material may not be reproduced, distributed, or used without permission from CWA. 47% Increase in Revenues per Employee Over 6 Years Note: 2006 is estimated (based on assumption of 320,000 employees)

6 Proprietary material for authorized CWA use only. This material may not be reproduced, distributed, or used without permission from CWA. High Profits Plateau, Then Jump in 2006

7 Proprietary material for authorized CWA use only. This material may not be reproduced, distributed, or used without permission from CWA. Profits per Employee Increase Slowly, Then Jump in 2006 Note: 2006 is estimated (based on assumption of 320,000 employees)

8 Proprietary material for authorized CWA use only. This material may not be reproduced, distributed, or used without permission from CWA. GE Infrastructure Revenues and Profits

9 Proprietary material for authorized CWA use only. This material may not be reproduced, distributed, or used without permission from CWA. GE Industrial Revenues and Profits

10 Proprietary material for authorized CWA use only. This material may not be reproduced, distributed, or used without permission from CWA. GE Healthcare Revenues and Profits

11 Proprietary material for authorized CWA use only. This material may not be reproduced, distributed, or used without permission from CWA. NBC Universal Revenues and Profits

12 Proprietary material for authorized CWA use only. This material may not be reproduced, distributed, or used without permission from CWA. GE Commercial Finance Revenues and Profits

13 Proprietary material for authorized CWA use only. This material may not be reproduced, distributed, or used without permission from CWA. GE Money Revenues and Profits

14 Proprietary material for authorized CWA use only. This material may not be reproduced, distributed, or used without permission from CWA. GE Employees

15 Proprietary material for authorized CWA use only. This material may not be reproduced, distributed, or used without permission from CWA. GE Pension Plan 20052004200320022001 Assets ($ millions)$49,096$46,665$43,879$37,811$45,006 Liabilities ($ millions)$43,331$39,969$37,827$33,266$30,423 Funding Ratio113%114%116%114%148% No company contributions since 1987 Last pension increase in 2000 Bargaining 2003: 13 th month check

16 Proprietary material for authorized CWA use only. This material may not be reproduced, distributed, or used without permission from CWA. Stock Price September 7, 2001: $39.66 January 19, 2007: $36.95

17 Proprietary material for authorized CWA use only. This material may not be reproduced, distributed, or used without permission from CWA. Executive Compensation Top executives made over $382.2 million 2001 through 2005 –Five named executives listed in proxy statement (6 in 2001 only) Pay for non-performance? –GE stock price down 6.8% (9/7/2001 – 1/19/2007) –S&P increased 31.74% (9/7/2001 – 1/19/2007)


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