GE 2015 Annual Report Download - page 40

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AVIATIONENERGY MANAGEMENT
MISSION: Developing transformational
medical technologies & services that are
shaping a new age of patient care
Major products: diagnostic imaging systems
(MRI, CT, nuclear & molecular imaging, digital
mammography), surgical imaging products,
ultrasound, pharmaceutical research &
production tools
Digital solutions: Centricity™, Dose
Management, Workforce Optimization,
Asset Optimization, Health Cloud
MISSION: Being a global technology
leader for the transmission, distribution &
conversion of electrical power
Major products: electrical distribution &
control products & services, lighting &
power panels, grid management products
& grid modernization services, industrial
automation & software solutions, advanced
motor, drive & control technologies
Digital solutions: Grid IQ™, Proficy
Monitoring & Analysis™, SmallWorld™
Revenues Profits Revenues Profits Revenues Profits
MISSION: Providing our aviation
customers with the most technologically
advanced & productive engines,
systems & services for their success
Major products: jet & turboprop engines,
components & integrated systems for
commercial, military, business & general
aviation aircraft & ship propulsion
applications, global service network
Digital solutions: Flight Efficiency Services,
Fuel Management, Fleet Management
Margins: 16.3% 40bps Backlog: $17.2B 4%
U.S. orders: $8.7B 1%
Europe orders: $3.5B 8%
Growth region orders: $5.3B 6%
Margins: 3.6% 20bps Ex. Alstom 4.1% 70bps
Backlog: $11.7B 134% Ex. Alstom $3.4B 33%
(flat organically)
Margins: 22.3% 160bps Backlog: $151.2B 13%
# commercial engines shipped: 2,588 17
# GEnx engines shipped: 260 27
# military engines shipped: 766 302
Commercial spares rate: $37.1 million/day $6.9M
Other 2015 resultsOther 2015 results Other 2015 results
HEALTHCARE
Advanced materials/
manufacturing &
engineering
productivity
Diagnostics
technology &
first-mover in
growth markets
Electrification,
controls &
power conversion
technology
+ Positive: Grid Solutions growth through
Alstom, strength in electrification & more
renewables on the grid
– Negative: Continued pressure from oil prices
& excess capacity
Outlook: Positioning the business for long-term
growth & margin expansion with Alstom
+ Positive: Continued growth in developed
markets, demand for IT/analytics-
based solutions, biopharmaceutical
market expansion
– Negative: Pressure in emerging markets
Outlook: Positioning the business for long-
term growth
+ Positive: Lower fuel costs & continued
strength in air passenger traffic
– Negative: Military spending uncertain
Outlook: Delivering through commercial
product transition
term
growth
2015 Ex.
Revenues = $6.6B 9%
Profits = $0.3B 12%
CONTRIBUTION
TO GE STORE
CONTRIBUTION
TO GE STORE
CONTRIBUTION
TO GE STORE
$18.2B 4%
$17.6B
$3.0B
0%
$3.0B
1%
$18.3B
2013 2014 2015 2013 2014 2015
5%
$2.9B
$21.9B
9%
$24.0B
3%
$24.7B
$4.3B
14%
$5.0B
2013 2014 2015 2013 2014 2015
11%
$5.5B
3%
$7.3B
$7.6B
$0.1B
10%
$0.3B
124%
$0.2B
2014 2015 2013 2014 2015
2013
4%
$7.6B
12 GE 2015 FORM 10-K