6
April 10, 2013 To the Investment Community, On March 11, GE announced the release of its 2012 Annual Report, available here. The title and theme of “GE Works” is reflected in GE Chairman and CEO Jeff Immelt’s letter to shareowners, which addresses the Company’s performance, culture, and how GE can thrive in the years ahead. On March 19, John Dineen, president & CEO GE Healthcare, presented at the Bank of America Global Industrials Conference in London where he discussed GE Healthcare’s portfolio, the market environment and key drivers for margin expansion, as shown in the slide on the left. The presentation can be found here. On March 21, Jaime Irick, GM North America Professional Solutions GE Lighting, presented at the Bernstein Power Demand/Energy Efficiency Conference where he discussed the changing market environment due to the expansion of LED and its impact on GE’s lighting business. The presentation can be found here. As always, for all presentations, news and other helpful information please visit our investor website at http://www.ge.com/investor-relations . Please see “GE Reports” to keep informed about the latest company developments. We will update it daily to share information and our perspectives on GE activities around the world. Please visit our website at http://www.gereports.com/ Regards, Business Highlights Industrial Businesses page 2 GE Capital page 5 Other Company News page 6 Investor Events page 6 Contact Trevor A. Schauenberg Vice President Corporate Investor Communications 3135 Easton Turnpike Fairfield, CT 06828 USA T 203 373 2424 F 203 373 2071 [email protected] March 2013 Investor Update Results are preliminary and unaudited. Caution Concerning Forward-Looking Statements: This document contains “forward-looking statements” – that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance and financial condition, and often contain words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “see,” or “will.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain. For us, particular uncertainties that could cause our actual results to be materially different than those expressed in our forward-looking statements include: current economic and financial conditions, including volatility in interest and exchange rates, commodity and equity prices and the value of financial assets; potential market disruptions or other impacts arising in the United States or Europe from developments in sovereign debt situations; the impact of conditions in the financial and credit markets on the availability and cost of General Electric Capital Corporation’s (GECC) funding and on our ability to reduce GECC’s asset levels as planned; the impact of conditions in the housing market and unemployment rates on the level of commercial and consumer credit defaults; changes in Japanese consumer behavior that may affect our estimates of liability for excess interest refund claims (GE Money Japan); pending and future mortgage securitization claims and litigation in connection with WMC, which may affect our estimates of liability, including possible loss estimates; our ability to maintain our current credit rating and the impact on our funding costs and competitive position if we do not do so; the adequacy of our cash flows and earnings and other conditions which may affect our ability to pay our quarterly dividend at the planned level or to repurchase shares at planned levels; GECC’s ability to pay dividends to GE at the planned level; our ability to convert pre-order commitments into orders; the level of demand and financial performance of the major industries we serve, including, without limitation, air and rail transportation, energy generation, real estate and healthcare; the impact of regulation and regulatory, investigative and legal proceedings and legal compliance risks, including the impact of financial services regulation; our capital allocation plans, as such plans may change and affect planned share repurchases and strategic actions, including acquisitions, joint ventures and dispositions; our success in completing announced transactions and integrating acquired businesses; the impact of potential information technology or data security breaches; and numerous other matters of national, regional and global scale, including those of a political, economic, business and competitive nature. These uncertainties may cause our actual future results to be materially different than those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements. “This document may also contain non-GAAP financial information. Management uses this information in its internal analysis of results and believes that this information may be informative to investors in gauging the quality of our financial performance, identifying trends in our results and providing meaningful period-to-period comparisons. For a reconciliation of non-GAAP measures presented in this document, see the accompanying supplemental information posted to the investor relations section of our website at www.ge.com.” “In this document, “GE” refers to the Industrial businesses of the Company including GECC on an equity basis. “GE (ex. GECC)” and/or “Industrial” refer to GE excluding Financial Services.” 147 2012 CONSOLIDATED REVENUES 2012 OPERATING EARNINGS 2012 CASH FLOW FROM OPERATING ACTIVITIES (CFOA) 14.9 16.1 12.4 GE SCORECARD 2012 RESULTS Industrial Segment Earnings Growth +10% Industrial Operating Earnings % of Total 55% Cash from GE Capital $6.4 billion Industrial Segment Organic Revenue Growth +8% Margin Growth +30 bps, 15.1% Cash Returned to Investors $12.4 billion Returns on Total Capital 11.7% RELATIVE PERFORMANCE INDUSTRIAL VS. 20 PEERS GE PEERS QUARTILE Organic Growth (%) 8 3 1st Margin (%) 15.1 11.5 2nd Returns (%) 15.5 10.3 2nd GE CAPITAL VS. BANKS GE REGIONAL BANKS MONEY CENTER BANKS Tier 1 Common Ratio—Basel 3¹ (%) 8.8 8.1 8.7 Liquidity Coverage Ratio² (%) 296 61 116 Net Interest Margin³ (%) 4.9 3.7 2.9 ¹ GECC is not currently subject to minimum regulatory capital requirements. This U.S. Basel 3 estimate is based on GECC’s current understanding of the Standardized Approach as issued in a Notice of Proposed rulemaking by U.S. federal banking agencies in 2012. This estimate may evolve over time as U.S. Basel 3 rules and their applicability to GECC are finalized. Peer data is based on publicly available information incorporating either U.S. Basel 3 standardized or U.S. advanced approaches. ² Financial data as of 3Q 2012. GECC information; Peer comparisons using assumptions based on December 2010 guidance and publicly available company data. It does not reflect the revised guidance issued in January 2013. GECC elevated due to 4Q 2012 maturities; 4Q 2012 LCR estimate 211%. ³ GECC includes operating lease income (net of depreciation) and excludes retailer payments, cash and the legacy insurance business. Note: Financial results from continuing operations unless otherwise noted. “Last year we set focused execution goals for GE: double-digit industrial earnings growth; margin expansion; restarting the GE Capital dividend to the parent; reducing the size of GE Capital; and balanced capital allocation. We achieved all of our goals for the year.” JEFF IMMELT, CHAIRMAN AND CEO 2012 PERFORMANCE

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Page 1: March 2013 Investor Update - GE · March 2013 Investor Update ... 70% compared with 2005 engines, saving railroad customers more than $1.5 billion in infrastructure ... S _a^VaP\b

April 10, 2013

To the Investment Community,

On March 11, GE announced the release of its 2012 Annual Report, available here. The title and theme of “GE Works” is reflected in GE Chairman and CEO Jeff Immelt’s letter to shareowners, which addresses the Company’s performance, culture, and how GE can thrive in the years ahead.

On March 19, John Dineen, president & CEO GE Healthcare, presented at the Bank of America Global Industrials Conference in London where he discussed GE Healthcare’s portfolio, the market environment and key drivers for margin expansion, as shown in the slide on the left. The presentation can be found here.

On March 21, Jaime Irick, GM North America Professional Solutions GE Lighting, presented at the Bernstein Power Demand/Energy Efficiency Conference where he discussed the changing market environment due to the expansion of LED and its impact on GE’s lighting business. The presentation can be found here.

As always, for all presentations, news and other helpful information please visit our investor website at http://www.ge.com/investor-relations.

Please see “GE Reports” to keep informed about the latest company developments. We will update it daily to share information and our perspectives on GE activities around the world. Please visit our website at http://www.gereports.com/

Regards,

Business HighlightsIndustrial Businesses page 2

GE Capital page 5

Other Company News page 6

Investor Events page 6

ContactTrevor A. Schauenberg Vice President Corporate Investor Communications

3135 Easton Turnpike Fairfield, CT 06828 USA

T 203 373 2424 F 203 373 2071 [email protected]

March 2013 Investor Update

Results are preliminary and unaudited.

Caution Concerning Forward-Looking Statements:

This document contains “forward-looking statements” – that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance and financial condition, and often contain words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “see,” or “will.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain. For us, particular uncertainties that could cause our actual results to be materially different than those expressed in our forward-looking statements include: current economic and financial conditions, including volatility in interest and exchange rates, commodity and equity prices and the value of financial assets; potential market disruptions or other impacts arising in the United States or Europe from developments in sovereign debt situations; the impact of conditions in the financial and credit markets on the availability and cost of General Electric Capital Corporation’s (GECC) funding and on our ability to reduce GECC’s asset levels as planned; the impact of conditions in the housing market and unemployment rates on the level of commercial and consumer credit defaults; changes in Japanese consumer behavior that may affect our estimates of liability for excess interest refund claims (GE Money Japan); pending and future mortgage securitization claims and litigation in connection with WMC, which may affect our estimates of liability, including possible loss estimates; our ability to maintain our current credit rating and the impact on our funding costs and competitive position if we do not do so; the adequacy of our cash flows and earnings and other conditions which may affect our ability to pay our quarterly dividend at the planned level or to repurchase shares at planned levels; GECC’s ability to pay dividends to GE at the planned level; our ability to convert pre-order commitments into orders; the level of demand and financial performance of the major industries we serve, including, without limitation, air and rail transportation, energy generation, real estate and healthcare; the impact of regulation and regulatory, investigative and legal proceedings and legal compliance risks, including the impact of financial services regulation; our capital allocation plans, as such plans may change and affect planned share repurchases and strategic actions, including acquisitions, joint ventures and dispositions; our success in completing announced transactions and integrating acquired businesses; the impact of potential information technology or data security breaches; and numerous other matters of national, regional and global scale, including those of a political, economic, business and competitive nature. These uncertainties may cause our actual future results to be materially different than those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.

“This document may also contain non-GAAP financial information. Management uses this information in its internal analysis of results and believes that this information may be informative to investors in gauging the quality of our financial performance, identifying trends in our results and providing meaningful period-to-period comparisons. For a reconciliation of non-GAAP measures presented in this document, see the accompanying supplemental information posted to the investor relations section of our website at www.ge.com.”

“In this document, “GE” refers to the Industrial businesses of the Company including GECC on an equity basis. “GE (ex. GECC)” and/or “Industrial” refer to GE excluding Financial Services.”

150154

180

147 147

2008 2009 2010 2011 2012

CONSOLIDATED REVENUES(In $ billions)

20092008 2010 2011 2012

OPERATING EARNINGS(In $ billions)

20092008 2010 2011 2012

19.117.8

16.414.7

12.1

CASH FLOW FROM OPERATING ACTIVITIES (CFOA)(In $ billions)

14.916.1

9.9

16.9

12.4

ON THE COVER Top left: Shelli Wilding and George Crichton,GE Oil & Gas. Top right: Juana Hoskins, GE Healthcare.Bottom right: Phan Ng .oc Đang, GE Power & Water. Bottomleft: GE Aviation jet engine testing facility, Peebles, Ohio

GE SCORECARD2012 RESULTS

Industrial Segment Earnings Growth +10%

Industrial Operating Earnings % of Total 55%

Cash from GE Capital $6.4 billion

Industrial Segment Organic Revenue Growth +8%

Margin Growth +30 bps, 15.1%

Cash Returned to Investors $12.4 billion

Returns on Total Capital 11.7%

RELATIVE PERFORMANCE

INDUSTRIAL VS. 20 PEERS GE PEERS QUARTILE

Organic Growth (%) 8 3 1st

Margin (%) 15.1 11.5 2nd

Returns (%) 15.5 10.3 2nd

GE CAPITAL VS. BANKS GEREGIONAL

BANKSMONEY

CENTER BANKS

Tier 1 Common Ratio—Basel 3¹ (%) 8.8 8.1 8.7

Liquidity Coverage Ratio² (%) 296 61 116

Net Interest Margin³ (%) 4.9 3.7 2.9

¹ GECC is not currently subject to minimum regulatory capital requirements. This U.S. Basel 3 estimate is based on GECC’s current understanding of the Standardized Approach as issued in a Notice of Proposed rulemaking by U.S. federal banking agencies in 2012. This estimate may evolve over time as U.S. Basel 3 rules and their applicability to GECC are finalized. Peer data is based on publicly available information incorporating either U.S. Basel 3 standardized or U.S. advanced approaches.

² Financial data as of 3Q 2012. GECC information; Peer comparisons using assumptions based on December 2010 guidance and publicly available company data. It does not reflect the revised guidance issued in January 2013. GECC elevated due to 4Q 2012 maturities; 4Q 2012 LCR estimate 211%.

³ GECC includes operating lease income (net of depreciation) and excludes retailer payments, cash and the legacy insurance business.

Note: Financial results from continuing operations unless otherwise noted.

PICTURED: Dr. Tianhong Zhang, GE Power & Water

“ Last year we set focused execution goals for GE: double-digit industrial earnings growth; margin expansion; restarting the GE Capital dividend to the parent; reducing the size of GE Capital; and balanced capital allocation. We achieved all of our goals for the year.” JEFF IMMELT, CHAIRMAN AND CEO

2012 PERFORMANCE

Visit our interactive online annual report at www.ge.com/annualreportThanks to the customers, partners and GE employees who appear in this annual report for contributing their time and support .

The paper used in this report was supplied by participants of the Responsible Initiative Programs. The majority of the power utilized to manufacture this paper was renewable energy, produced with GE’s wind and biogas technologies, and powered by GE steam engines and turbine engines.

CITIZENSHIP AT GE

As a 130-year-old technology company, GE has proven its sustainability. Working to solve some of the world’s biggest challenges, Citizenship is in the products we make, how we make them, and in the difference we make in communities around the world.

www.gecitizenship.com

GE’s newest Evolution Series locomotive prototype (pictured) reduces emissions by more than 70% compared with 2005 engines, saving railroad customers more than $1.5 billion in infrastructure and operational costs.

GE is one of the largest employers in the U.S. and the world, with 134,000 U.S. employees and 305,000 employees globally, as of the end of 2012.

IN 2012, WE

nonprofit organizations.

breast cancer technologies to women. Healthymagination and Susan G. Komen for the Cure have partnered to bring the latest breast cancer technologies to more women, by encouraging women to be screened through targeted programs in the U.S., China and Saudi Arabia.

product portfolio.

GE and the New York Stock Exchange have been partners for more than 120 years and share a commitment to innovation. GE is a proud partner of NYSE Big StartUp, an initiative that includes Corporate Connections, a unique technology-matching platform designed to connect companies like ours with innovative young companies and entrepreneurs in the U.S. To learn more, visit nysebigstartup.com

BARRON’S

World’s Most Respected Companies

FORBES

World’s Most Innovative Companies

BLOOMBERG BUSINESSWEEK

Best Companies for Leadership

ETHISPHERE

World’s Most Ethical Companies

FORTUNE

World’s Most Admired Companies

Des

ign

by A

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on w

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.add

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.com

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POWER & WATER• GE received contracts totaling approximately $500 million to provide equipment and long-term services, directly and

via engineering procurement contractors, for the Emirates Aluminium (EMAL) smelter complex in Abu Dhabi. The project is expected to result in lower emissions, addressing the United Arab Emirates’ (UAE) goal to achieve cleaner and more efficient industrial growth and enabling EMAL to produce aluminum with better fuel efficiency. Read the press release.

• GE and the Sakhalin provincial government signed a memorandum of understanding (MOU) to work together in developing power generation projects to meet the future energy needs of Sakhalin Island, off the east coast of Russia. The MOU covers a wide range of GE technology options, including aeroderivative gas turbines, gas engines, coal gasification and wind power. Read the press release.

• GE supplied two Frame 6B 3-series gas turbine-generators for the UBE Batam Power Plant, which will help to reduce power generation costs and support future economic growth for Batam, an industrial island south of Singapore. Owned by PT Medco Power Indonesia through its subsidiary, the new gas-fired facility will increase the island’s electricity supply and reduce its dependency on oil-fired power generation. Read the press release.

• GE announced that a prototype of the world’s most efficient high-output wind turbine, the new 2.5-120, is operational at a test site in Wieringermeer, Netherlands. The 2.5-120 is the company’s first brilliant wind turbine, driving higher power output, improving service productivity and creating new revenue streams for customers. Read the press release.

• The city of Ávila, Spain, will install GE’s ZeeWeed* 500D ultrafiltration membrane bioreactor (MBR) technology to double the amount of water treated at its existing wastewater treatment plant. The city chose to upgrade the facility with MBR technology to increase the capacity and to comply with new regulations for nutrient removal while keeping the same footprint and reusing most of the existing infrastructure. Read the press release.

OIL & GAS• GE Oil & Gas, a leading supplier of equipment and services for liquefied natural gas projects

worldwide, received a US$620 million, 22-year contractual service agreement to provide a broad range of advanced technology services for QGC’s Queensland Curtis LNG plant off the east coast of Australia. Read the press release.

• GE Oil & Gas received a 16-year service contract extension valued at $333 million for Sakhalin-2, one of the world’s largest integrated oil and gas projects that operates in the harsh subarctic environment of Sakhalin Island in the Russian far east. The agreement underscores GE’s commitment in local resources and a local workforce for the facility, which delivers economic benefits for both the Sakhalin region and all of Russia. Read the press release.

* Trademark of the General Electric Company; may be registered in one or more countries.

Industrial Businesses

March 2013 Investor Update 2

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ENERGY MANAGEMENT• As the number of mission-critical facilities continues to grow exponentially worldwide, so does the need for efficient,

reliable power to these essential applications. For example, the data center industry has seen its electrical use double from the years 2000 to 2005 — to 247 terawatt hours per year. In addition, the amount of information managed by data centers is expected to grow by a factor of 50 over the next decade. Helping to address these growing power concerns, GE unveiled its new Critical Power business. The business provides data centers, hospitals, telecommunication networks and other mission-critical facilities with end-to-end solutions to keep electricity flowing to crucial equipment during power disturbances and outages. The announcement was made at the Datacenter Dynamics conference in New York. Read the press release.

• Sustainable development of Alberta’s vast oil sands is a key priority, and in early 2013 construction began on the world’s first refinery specifically designed to reduce environmental impacts as it turns tarry bitumen crude into clean-burning diesel fuel. GE’s Power Conversion business is playing an enabling role in the refinery, near Edmonton and owned by the North West Redwater Partnership, by supplying GE’s Series 9000-RCM large electric motors to drive the refinery’s reciprocating compressors, under a $14 million contract that includes related services. Read the press release.

• GE’s Power Conversion business signed a turnkey contract with the Lindoe Offshore Renewables Center, a Danish center for testing renewable energy technology, for the construction, commissioning and handover of one of the world’s most advanced facilities to test wind turbine nacelles with an output power of up to 10 megawatts. The Lindoe Nacelle Testing project will be located in the Lindø Industrial Park on Funen, Denmark’s fourth-largest island. It will be ready for first tests in 2014. Read the press release.

AVIATION• Dublin, Ireland-based low-cost carrier Ryanair announced its commitment to purchase

175 CFM56-7BE-powered Boeing 737-800 airplanes. Pending shareholder approval, the engine order is valued at $3.7 billion U.S. at list price. Read the press release.

• Panama-based AviancaTaca Holdings announced that is has selected the advanced technology LEAP-1A engines to power 33 Airbus A320neo family aircraft, in addition to ordering CFM56-5B engines to power an additional 18 Airbus A320ceo family aircraft. The airline has also opted for a comprehensive engine maintenance service package. The agreement has a total combined value of $2.7 billion U.S. at list price. Read the press release.

• Hong Kong-based China Aircraft Leasing Company announced its selection of CFM56-5B engines to power 25 new Airbus A320 family aircraft. The firm engine order is valued at $500 million U.S. at list price and deliveries are scheduled between 2014 and 2016. Read the press release.

• Turkish Airlines (THY) ordered additional GE CF6-80E1 engines to power its new two firm Airbus A330-300 aircraft, with options for an additional three A330 aircraft. The maintenance, repair and overhaul of these additional CF6-80E1 engines will be covered under THY’s 12-year OnPointSM solutions agreement, which was announced in November. The total value of the engines and OnPoint solutions agreement for the five CF6-powered A330s is more than $300 million. Read the press release.

Industrial Businesses continued

March 2013 Investor Update 3

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HEALTHCARE• GE Healthcare announced the first U.S. installation of its Centricity™ Cardio Enterprise solution at Oklahoma State University

Medical Center. This robust IT solution supports GE Healthcare’s enterprise imaging strategy by offering cardiologists a single point of access to patient data, images and reports across the continuum of care while enhancing physician productivity and helping to improve charge capture accuracy. Read the press release.

• GE Healthcare announced it has entered into an agreement with HealthTrust, a group purchasing organization headquartered in the Nashville, Tennessee area, to provide infant care solutions including phototherapy technology, warmers and incubators, to hospitals that are members of HealthTrust. The agreement commenced on March 1, 2013. Read the press release.

• GE Healthcare announced the U.S. Food and Drug Administration (FDA) approval of a new indication for AdreView1 (Iobenguane I 123 Injection), the first and only FDA approved molecular imaging agent to link nerve function in the heart to a patient’s mortality risk. AdreView is approved for the scintigraphic assessment of myocardial sympathetic innervation (cardiac nerve activity) to assist in the evaluation of patients with New York Heart Association (NYHA) Class II or Class III heart failure and left ventricular ejection fraction (LVEF) ≤ 35% to help identify patients with one and two-year mortality risks as indicated by an H/M ratio >1.6. In patients with congestive heart failure, utility has not been established for selecting therapy, monitoring response to therapy, or to identify a patient with high risk of death2. Read the press release.

• Two new 1.5T MR scanners from GE Healthcare, the Optima* MR360 Advance and Brivo* MR355 Inspire, have recently received 510(k) clearance. Redesigned with new enclosures symbolizing GE’s Humanizing MR strategy, both systems are engineered to address the demand for increased performance, and reduced total cost of ownership for the facility while providing a comfortable experience for the patient. Read the press release.

TRANSPORTATION• GE Transportation donated $25,000 to the Chicago Public School’s Early College Science Technology Engineering and

Mathematics (STEM) Schools (ECSS), ECSS prepares Chicago Public School students for college and professional careers by teaching them the skills needed to succeed in a competitive and global economy. Having recently relocated its corporate headquarters to Chicago, GE Transportation is continuing its tradition of supporting the communities in which it works all over the world. Read the press release.

1Jacobson AF, Senior R, Cerqueira MD, et al. Myocardial iodine-123 meta-iodobenzylguanidine imaging and cardiac events in heart failure: results of the prospective ADMIRE-HF (AdreView Myocardial Imaging for Risk Evaluation in Heart Failure) Study. J Am Coll Cardiol. 2010;55:2212-2221

2AdreView Prescribing Information, GE Healthcare. 2013.

*Optima and Brivo are both trademarks of the General Electic Company.

Industrial Businesses continued

March 2013 Investor Update 4

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HOME & BUSINESS SOLUTIONS • GE Lighting has implemented its technologically advanced T5 High Bay system at

MASkargo Advance Cargo Centre, a 108-acre cargo handling complex located in Kuala Lumpur International Airport, Malaysia. The system, which is ideal for the warehouse industrial vertical, replaced 1,470 sets of halide lamps with Hi-Beam Lighting T5H0 high bay coupled with GE ELBS and GE T5HO 47W Watt-Miser lamps. In addition to improving the illumination within the complex to 200 lux, the reduction of maintenance and energy use will result in annual savings of $300,000. Read the press release.

• Watsons, a Hong Kong-based health and beauty retailer, has upgraded its store signage lighting at 400 locations with GE Lighting LED Tetra® Max sign lighting. This new lighting solution provides Watsons storefronts with an inviting environment and a 67 percent savings on maintenance and energy costs. Read the press release.

March 2013 Investor Update 5

GE Capital

• GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing arm of GE, announced it will lease three Airbus A320 aircraft to Vueling Airlines to expand the low-cost carrier’s fleet. Delivery of the first aircraft is scheduled for this month. Read the press release.

• GE Capital Aviation Services Limited announced delivery of two new Boeing 737-800 aircraft to Japan’s Solaseed Air to help renew the carrier’s fleet. Both aircraft came from GECAS’ existing order book with Boeing. Read the press release.

• GE Capital Aviation Services announced delivery of two Airbus A320-200 aircraft to Tyrolean Airways to expand the airline’s fleet. Read the press release.

• GE Capital, Corporate Finance announced it is syndication agent on a $225 million senior secured credit facility to Federal Signal Corporation. The funds refinance debt and will be used to support ongoing working capital needs. GE Capital Markets served as joint lead arranger and joint book manager. Read the press release.

• GE Capital, Corporate Finance announced it provided $16 million in equipment financing to the Dutra Group, Inc. The funds refinance existing debt used to support the company’s marine fleet. Read the press release.

Industrial Businesses continued

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CITIZENSHIP, ECOMAGINATIONSM, HEALTHYMAGINATION • The Association of American Medical Colleges projects that the U.S. will have a

shortage of 45,000 primary care physicians by the end of this decade. In an effort to help overcome this shortage, the GE Foundation has partnered with NMF to build a primary care provider pipeline targeted at providing medical, nursing and physician assistant students the opportunity to explore primary healthcare in targeted U.S. cities. At its core, the Primary Care Leadership Program (PCLP) is a service-learning rotation that aims to enhance student training by combining care delivery, leadership practice management and an independent project. Read the press release.

• GE and the NFL announced the Head Health Initiative, a four-year, $60 million collaboration to speed diagnosis and improve treatment for mild traumatic brain injury. The goal of the research and innovation program, guided by healthcare experts, is to improve the safety of athletes, members of the military and society overall. Read the press release.

• GE announced that three distinguished engineers, one from the company’s Global Research Center, and two from its Aviation business, have been elected to the National Academy of Engineering. Read the press release.

March 2013 Investor Update 6

Other Company News

RECENT INVESTOR EVENTSVisit the Events & Presentations section of our investor website to view the presentations.

February 21, 2013*: Barclays Capital Industrial Select Conference

March 19, 2013: Bank of America Global Industrials Conference 2013

March 21, 2013: Bernstein Power Demand/Energy Efficiency Conference

UPCOMING INVESTOR EVENTS (subject to change)April 19, 2013**: GE 1st Quarter 2013 Earnings Webcast

Jeff Immelt, Chairman and CEO – GE; Keith Sherin, Vice Chairman and CFO – GE; and Trevor Schauenberg, VP Investor Communications – GE will hold a webcast to discuss 1st quarter 2013 results

April 24, 2013**: 2013 Annual Meeting of Shareowners GE will convene its 2013 Annual Meeting of Shareowners in New Orleans, Louisiana

May 22, 2013**: 2013 Electrical Products Group (EPG) Jeff Immelt, Chairman and CEO will present

June 19, 2013**: GE Aviation & GECAS Analyst Meeting/Paris Air Show David Joyce, President & CEO, GE Aviation and Norman Liu, President & CEO, GE Capital Aviation Services will host an analyst meeting in conjunction with the Paris Air Show

*Webcast replays are retained on our website for a limited period of time. **Meeting will be webcast.