GE Financial Synopsis and Brief History

Stock Ticker Symbol: GE
52 Week High: $32.98
52 Week Low: $21.30

Financial Synopsis and History

For the six months ended 6/03, revenues fell less than 1% to $63.83 billion. Net income before accounting change fell 12% to $7.01 billion. Results reflect lower U.S. gas turbine sales at Power Systems and reduced operating margins.

Recent Earnings Announcement

For the 3 months ended 06/30/2003, revenues were 33,373; after tax earnings were 3,794. (Preliminary; reported in millions of dollars.)

Segment Operations (From the GE 2002 Annual Report)

Insurance
(In Millions)	2002	2001	2000
Revenues
GE Financial Assurance	$12,317	$12,826	$12,888
Mortgage Insurance	$1,090	$1,075	$973
GE Global Insurance Holding (ERC)	$9,432	$9,453	$10,223
Other Insurance	$457	$536	$682
Total Revenues	$23,296	$23,890	$24,766
Net Earnings
GE Financial Assurance	$644	$726	$672
Mortgage Insurance	$460	$407	$356
GE Global Insurance Holding (ERC)	$(1827)	$32	$505
Other Insurance	$214	$169	$109
Total Net Earnings	$(509)	$1,334	$1,642

Date	Open	High	Low	Close	Volume	Adj. Close
Jul 03	28.48	29.50	26.90	28.44	22,288,940	28.44
Jun 03	$0.19 Cash Dividend
Jun 03	29.42	31.66	28.53	28.68	20,550,900	28.68
May 03	29.45	29.45	27.35	28.70	19,460,638	28.51
Apr 03	25.55	29.78	25.50	29.45	21,207,804	29.26
Mar 03	$0.19 Cash Dividend
Mar 03	24.20	28.00	23.16	25.50	26,107,161	25.33
Feb 03	23.35	24.20	21.30	24.05	23,505,810	23.89
Jan 03	24.65	26.26	22.45	23.14	23,240,361	22.81
Dec 02	$0.19 Cash Dividend
Dec 02	27.98	27.98	24.10	24.35	20,521,171	24.00
Nov 02	25.28	27.40	23.20	27.12	28,840,770	26.53
Oct 02	24.75	27.21	21.40	25.25	34,091,673	24.70
Sep 02	$0.18 Cash Dividend
Sep 02	29.50	29.70	23.51	24.65	31,835,515	24.11
Aug 02	32.10	32.98	28.27	30.15	26,539,059	29.29
Jul 02	29.06	32.20	23.02	32.20	39,648,950	31.28

Growth Rates
.	1 year	3 years	5 years
Sales %	4.59	5.67	7.71
EPS %	7.32	12.06	13.04
Dividend %	10.61	14.47	15.19

data from MultexInvestor.com, and finance.yahoo.com

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