Ultrasound Historical Financial Summary
Adj. Net Income Reconciliation
($ in Millions)
Net income attributable to GE Health Care
Add: Non-operating benefit (income) costs
Add: Restructuring costs-a)
Add: Acquisition and disposition related charges (benefits) -b)
Add: Spin-Off and separation costs-c)
Add: (Gain)/loss of business dispositions/divestments-d)
Add: Amortization of acquisition-related intangible assets
Add: Investment revaluation (gain)/loss-e)
Add: Tax effect of reconciling items
Less: Impact of tax law changes-f)
2019
2020
2021
$1,524
$13,846
$2,247
སྐྱེ - 8 @ ྣ · མྱེ 。
5
3
160
134
155
14
2
3
(2)
83
90
(22)
(3)
(73)
(51)
(62)
40
77
Less: Income (loss) from discontinued operations, net of taxes
Adjusted Net Income (Non-GAAP)
(128)
$1,892
11,839
18
$2,121
$2,347
(GE HealthCare
(a Consists of severance, facility closures, and other charges associated with historical restructuring programs
(b - Consists of legal, consulting, and other transaction and integration fees, and adjustments to contingent consideration, as well as other purchase accounting related charges and other costs directly related to the transactions
(c Costs incurred in the Spin-Off and separation from GE as well as the planned IPO of GE's Healthcare business in 2019 including system implementation, audit and advisory fees, legal entity separation, and other one-time costs
(d- Consists of gains and losses resulting from the sale of assets and investments
(e-Primarily relates to valuation adjustments for equity investments
(f Consists of benefit from U.K. tax rate change
© 2022, General Electric Company. Proprietary information. All rights reserved.
112View entire presentation