GE 2005 Annual Report Download - page 78

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(78)
2004
First quarter Second quarter Third quarter Fourth quarter
Quarterly Information (unaudited)
(In millions) As
previously
reported
As
restated
As
previously
reported
As
restated
As
previously
reported
As
restated
As
previously
reported
As
restated
Statement of Earnings
Consolidated
GECS commercial paper interest
rate swap adjustment
(a) $
–
$ (233) $ – $ 970 $
–
$ (381 ) $ – $ 162
Interest and other financial charges 2,744 2,734 2,687 2,677 2,886 2,873 3,339 3,327
Earnings from continuing operations
before income taxes and
accounting changes 3,860 3,637 4,359 5,339 4,941 4,573 6,611 6,785
Provision for income taxes (892) (805) (701) (1,085) (1,000) (856 ) (893) (962)
Earnings from continuing operations
before accounting changes 2,968 2,832 3,658 4,254 3,941 3,717 5,718 5,823
Earnings before accounting changes 3,366 3,230 3,751 4,347 4,071 3,847 5,631 5,736
Net earnings 3,366 3,230 3,751 4,347 4,071 3,847 5,631 5,736
(a) Included in total revenues.
Per share amounts
Earnings from continuing
operations before accounting
changes
Diluted earnings per share $ 0.29 $ 0.28 $ 0.35 $ 0.41 $ 0.37 $ 0.35 $ 0.54 $ 0.55
Basic earnings per share 0.29 0.28 0.35 0.41 0.37 0.35 0.54 0.55
Earnings before accounting
changes
Diluted earnings per share $ 0.33 $ 0.32 $ 0.36 $ 0.42 $ 0.38 $ 0.36 $ 0.53 $ 0.54
Basic earnings per share 0.33 0.32 0.36 0.42 0.39 0.36 0.53 0.54
Net earnings
Diluted earnings per share $ 0.33 $ 0.32 $ 0.36 $ 0.42 $ 0.38 $ 0.36 $ 0.53 $ 0.54
Basic earnings per share 0.33 0.32 0.36 0.42 0.39 0.36 0.53 0.54
GECS
GECS commercial paper interest
rate swap adjustment
(a) $
–
$ (233) $ – $ 970 $
–
$ (381 ) $ – $ 162
Interest and other financial charges 2,605 2,595 2,755 2,745 2,646 2,633 3,115 3,103
Earnings from continuing operations
before income taxes and
accounting changes 1,998 1,775 1,676 2,656 2,673 2,305 3,019 3,193
Provision for income taxes (426) (339) (245) (629 ) (550) (406 ) (292) (361)
Earnings from continuing operations
before accounting changes 1,572 1,436 1,431 2,027 2,123 1,899 2,727 2,832
Earnings before accounting changes 1,971 1,834 1,523 2,120 2,253 2,029 2,640 2,745
Net earnings 1,971 1,834 1,523 2,120 2,253 2,029 2,640 2,745
(a) Included in total revenues.