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This excerpt taken from the GE 10-K filed Feb 18, 2009. Property, plant and equipment
totaled $78.5 billion at December 31, 2008, up $0.6 billion from 2007,
primarily reflecting acquisitions and additions of commercial aircraft at the
GECAS business of Capital Finance. GE property, plant and equipment consisted of
investments for its own productive use, whereas the largest element for GECS was
equipment provided to third parties on operating leases. Details by category of
investment are presented in Note 14 to the consolidated financial statements in
Part II, Item 8. “Financial Statements and Supplementary Data” of this Form 10-K
Report.
GE
additions to property, plant and equipment totaled $3.0 billion in both 2008 and
2007. Total expenditures, excluding equipment leased to others, for the past
five years were $14.5 billion, of which 33% was investment for growth through
new capacity and product development; 31% was investment in productivity through
new equipment and process improvements; and 36% was investment for other
purposes such as improvement of research and development facilities and safety
and environmental protection.
GECS
additions to property, plant and equipment were $13.3 billion and $15.2 billion
during 2008 and 2007, respectively, primarily reflecting acquisitions and
additions of commercial aircraft at the GECAS business of Capital
Finance.
(44)
This excerpt taken from the GE 8-K filed Oct 8, 2008. PROPERTY, PLANT AND EQUIPMENT
amounted to $77.9 billion at December 31, 2007, up $7.3 billion from 2006,
primarily reflecting acquisitions and additions of commercial aircraft at the
GECAS business of Capital Finance and fleet vehicles at the CLL business of
Capital Finance. GE property, plant and equipment consisted of investments for
its own productive use, whereas the largest element for GECS was equipment
provided to third parties on operating leases. Details by category of investment
are presented in note 14.
GE
additions to property, plant and equipment during 2007 totaled $3.0 billion,
compared with $2.9 billion in 2006. Total expenditures, excluding equipment
leased to others, for the past five years were $13.2 billion, of which 32% was
investment for growth through new capacity and product development; 33% was
investment in productivity through new equipment and process improvements; and
35% was investment for other purposes such as improvement of research and
development facilities and safety and environmental protection.
GECS
additions to property, plant and equipment were $15.2 billion and $13.2 billion
during 2007 and 2006, respectively, primarily reflecting acquisitions and
additions of vehicles at the CLL business and commercial aircraft at the GECAS
business of Capital Finance.
This excerpt taken from the GE 10-K filed Feb 20, 2008. PROPERTY, PLANT AND EQUIPMENT
amounted to $77.9 billion at December 31, 2007, up $7.2 billion from 2006,
primarily reflecting acquisitions and additions of commercial aircraft at the
Aviation Financial Services business of Infrastructure and fleet vehicles at
Commercial Finance. GE property, plant and equipment consisted of investments
for its own productive use, whereas the largest element for GECS was equipment
provided to third parties on operating leases. Details by category of investment
are presented in note 14.
GE
additions to property, plant and equipment during 2007 totaled $3.0 billion,
compared with $2.9 billion in 2006. Total expenditures, excluding equipment
leased to others, for the past five years were $13.2 billion, of which 32% was
investment for growth through new capacity and product development; 33% was
investment in productivity through new equipment and process improvements; and
35% was investment for other purposes such as improvement of research and
development facilities and safety and environmental protection.
GECS
additions to property, plant and equipment were $15.2 billion and $13.2 billion
during 2007 and 2006, respectively, primarily reflecting acquisitions and
additions of vehicles at Commercial Finance and commercial aircraft at the
Aviation Financial Services business of Infrastructure.
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