GE 2015 Annual Report Download - page 124

MD&A SUPPLEMENTAL INFORMATION
96 GE 2015 FORM 10-K
INDUSTRIAL SEGMENT ORGANIC REVENUE GROWTH
(Dollars in millions) 2015 2014 V%
Industrial segment revenues $ 108,796 $ 109,727 (1)%
Less the effects of:
Acquisitions, business dispositions (other than dispositions of businesses acquired
for investment) and currency exchange rates (2,479) 1,270
Industrial segment revenues excluding effects of acquisitions, business dispositions
(other than dispositions of businesses acquired for investment) and currency exchange
rates (Industrial segment organic revenues) $ 111,276 $ 108,457 3%
(Dollars in millions) 2014 2013 V%
Industrial segment revenues $ 109,727 $ 103,383 6%
Less the effects of:
Acquisitions, business dispositions (other than dispositions of businesses acquired
for investment) and currency exchange rates 1,870 2,175
Industrial segment revenues excluding effects of acquisitions, business dispositions
(other than dispositions of businesses acquired for investment) and currency exchange
rates (Industrial segment organic revenues) $ 107,856 $ 101,208 7%
(Dollars in millions) 2013 2012 V%
Industrial segment revenues $ 103,383 $ 102,548 1%
Less the effects of:
Acquisitions, business dispositions (other than dispositions of businesses acquired
for investment) and currency exchange rates 1,566 842
Industrial segment revenues excluding effects of acquisitions, business dispositions
(other than dispositions of businesses acquired for investment) and currency exchange
rates (Industrial segment organic revenues) $ 101,816 $ 101,707 0%
Organic revenue growth measures revenue excluding the effects of acquisitions, business dispositions and currency exchange rates.
We believe that this measure provides management and investors with a more complete understanding of underlying operating results
and trends of established, ongoing operations by excluding the effect of acquisitions, dispositions and currency exchange, which
activities are subject to volatility and can obscure underlying trends. We also believe that presenting organic revenue growth separately
for our industrial businesses provides management and investors with useful information about the trends of our industrial businesses
and enables a more direct comparison to other non-financial businesses and companies. Management recognizes that the term
"organic revenue growth" may be interpreted differently by other companies and under different circumstances. Although this may have
an effect on comparability of absolute percentage growth from company to company, we believe that these measures are useful in
assessing trends of the respective businesses or companies and may therefore be a useful tool in assessing period-to-period
performance trends.
96 GE 2015 FORM 10-K