General Electric Company
Industry: Conglomerates

General Electric Company (GE) is a diversified industrial corporations engaged in developing, manufacturing and marketing a wide variety of products for the generation, transmission, distribution, control and utilization of electricity. The Company operates in 11 segments: Advanced Materials, Commercial Finance, Consumer Finance, Consumer and Industrial, Energy, Equipment and Other Services, Healthcare, Infrastructure, Insurance, NBC Universal and Transportation. During the year ended December 31, 2004, GE acquired the commercial lending business of Transamerica Finance Corporation. Also in 2004, GE acquired Australian Financial Investments Group. On May 11, 2004, GE completed the merger of NBC with Vivendi Universal Entertainment LLLP. In December 2004, GE Infrastructure completed the acquisition of InVision Technologies, Inc. Also in December 2004, GE sold a majority interest in Gecis.

Business Summary
General Electric Company (GE) is a diversified industrial corporation engaged in developing, manufacturing and marketing a wide variety of products for the generation, transmission, distribution, control and utilization of electricity. The Company operated in 11 segments. On June 23, 2005, GE announced reorganization of its 11 businesses into six industry-focused businesses effective July 5, 2005. The six businesses are GE Infrastructure, GE Industrial, GE Commercial Financial Services, GE NBC Universal, GE Healthcare and GE Consumer Finance. During the year ended December 31, 2004, GE acquired the commercial lending business of Transamerica Finance Corporation. Also in 2004, GE acquired Australian Financial Investments Group. On May 11, 2004, GE completed the merger of NBC with Vivendi Universal Entertainment LLLP. In December 2004, GE Infrastructure completed the acquisition of InVision Technologies, Inc. Also in December 2004, GE sold a majority interest in Gecis.

Financial Summary
For the nine months ended 30 September 2005, General Electric Company's revenue increased 13% to $123.21B. Net income increased 19% to $13.29B. Revenues reflects improved sales in Commercial Finance, Consumer Finance, Healthcare, Industrial, Infrastructure as well as NBC Universal business segments. Net income also reflects an increase in gross margins. GE is a conglomerate involved in the energy and finance sectors.