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Ge Income Statement 2009

In: Business and Management

Submitted By Jakeypoo123
Words 257
Pages 2
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Top of FormIncome Statement | Bottom of Form | | View: Annual Data | Quarterly Data | All numbers in thousands | Period Ending | Dec 31, 2009 | Dec 31, 2008 | Dec 31, 2007 | Total Revenue | 156,783,000 | 182,515,000 | 172,738,000 | Cost of Revenue | 78,938,000 | 83,772,000 | 73,125,000 | | Gross Profit | 77,845,000 | 98,743,000 | 99,613,000 | | | | | | Operating Income or Loss | 29,113,000 | 56,722,000 | 59,316,000 | | | | | | | | Net Income | 11,025,000 | 17,410,000 | 22,208,000 | | | | | |

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Splits: Jun 8, 1971 [2:1], Jun 2, 1983 [2:1], May 26, 1987 [2:1], May 16, 1994 [2:1], May 12, 1997 [2:1], May 8, 2000 [3:1] As of December 31, 2009, General Electric’s (GE) Total Revenue has decreased from a year ago to a total of $156,783,000,000. The Gross Profit has also decreased from a year ago to $77,845,000,000 (Total Revenue – Cost of Revenue). The Net Income has also decreased from a year ago to $11,025,000,000. This is showing that over the course of a few years, GE’s company is losing money in these categories. The graph above shows major uncertainty. There is lots of increases and decreases. The company doesn’t seem to be very stable at this time. Would I invest into this company? The answer would be “NO” at this moment, because the numbers are down from a year, and I believe there is just too much risk involved in the company, right now.

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