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Actual Statements of Net Earnings
General Electric Company (GE)
(Dollars and Shares in Millions, Except Per Share Amounts)

 Actual
 12 Months
12/31/03		   12 Months
12/31/04		   12 Months
12/31/05		  
 
Net Sales$112,886  $134,481  $149,702 
Cost of Goods Sold(51,206)  (61,759)  (66,814) 
   
Gross Margin61,680  72,722  82,888 
 54.6%  54.1%  55.4% 
   
Operating Expenses33,609  41,295  45,572 
   
Operating Earnings28,071  31,427  37,316 
 24.9%  23.4%  24.9% 
   
Other Income (Expense):   
Historical Interest Expense(10,460)  (11,656)  (15,187) 
Other Income (Expense)1,470  534  (1,922) 
 (8,990)  (11,122)  (17,109) 
   
Earnings Before Income Tax19,081  20,305  20,207 
Provision (Credit) For Income Tax3,845  3,486  3,854 
   
Net Earnings$15,236  $16,819  $16,353 
   
Dividends$7,643  $8,278  $9,352 
Common Shares Outstanding (Fully Diluted)10,090  10,447  10,619