Investor Presentaiton
GE
GEPIL Investors Call
December 10, 2020
:
Confidential. Not to be copied, reproduced, or distributed without prior approval.
CAUTION CONCERNING FORWARD-LOOKING STATEMENTS:
This document contains "forward-looking statements" - that is, statements related to future
events that by their nature address matters that are, to different degrees, uncertain. For
details on the uncertainties that may cause our actual future results to be materially different
than those expressed in our forward-looking statements, see
http://www.ge.com/investor-relations/disclaimer-caution-concerning-forwardlooking-
statements as well as our annual reports on Form 10-K and quarterly reports on Form 10-Q.
We do not undertake to update our forward-looking statements. This document also includes
certain forward-looking projected financial information that is based on current estimates
and forecasts. Actual results could differ materially. to total risk-weighted assets.]
NON-GAAP FINANCIAL MEASURES:
In this document, we sometimes use information derived from consolidated financial data but not presented in
our financial statements prepared in accordance with U.S. generally accepted accounting principles (GAAP).
Certain of these data are considered "non-GAAP financial measures" under the U.S: Securities and Exchange
Commission rules. These hon-GAAP financial measures supplement our GAAP disclosures and should not be
considered an alternative to the GAAP measure. The reasons we use these non-GAAP financial measures and
the reconciliations to their most directly comparable GAAP financial measures are posted to the investor
relations section of our website at www.ge.com. [We use non-GAAP financial measures including the following:
⚫ Operating earnings and EPS, which is earnings from continuing operations excluding non-service-related
pension costs of our principal pension plans.
⚫ GE Industrial operating & Verticals earnings and EPS, which is operating earnings of our industrial businesses
and the GE Capital businesses that we expect to retain.
• GE Industrial & Verticals revenues, which is revenue of our industrial businesses and the GE Capital businesses
that we expect to retain.
• Industrial segment organic revenue, which is the sum of revenue from all of our industrial segments less the
effects of acquisitions/dispositions and currency exchange.
•Industrial segment organic operating profit, which is the sum of segment profit from all of our industrial
segments less the effects of acquisitions/dispositions and currency exchange.
⚫ Industrial cash flows from operating activities (Industrial CFOA), which is GE's cash flow from operating
activities excluding dividends received from GE Capital.
⚫ Capital ending net investment (ENI), excluding liquidity, which is a measure we use to measure the size of our
Capital segment.
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⚫ GE Capital Tier 1 Common ratio estimate is a ratio of equityView entire presentation