Exhibit 99(c)
Revised General Electric Capital Corporation Revenues,
Earnings From Continuing Operations and Total Assets for the
Five Years Ended December 31, 2009 and the
Quarters of 2009 and 2008 (Pages 1-2)
Exhibit 99(c)
General Electric Capital Corporation
(In millions) | | 2009 | | | 2008 | | | 2007 | | | 2006 | | | 2005 | |
| | | | | | | | | | | | | | | |
Revenues, as previously reported | $ | 50,673 | | $ | 67,994 | | $ | 66,999 | | $ | 57,482 | | $ | 51,061 | |
Net financing and corporate assets transferred | | | | | | | | | | | | | | | |
from GECS to GECC | | 610 | | | 632 | | | 1,191 | | | 1,223 | | | 1,168 | |
Net assets of insurance operations transferred | | | | | | | | | | | | | | | |
from GECC to GECS | | (32 | ) | | (49 | ) | | (42 | ) | | (38 | ) | | (38 | ) |
Revenues, as revised | $ | 51,251 | | $ | 68,577 | | $ | 68,148 | | $ | 58,667 | | $ | 52,191 | |
| | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | |
Earnings from continuing operations attributable | | | | | | | | | | | | | | | |
to GECC, as previously reported | $ | 1,579 | | $ | 8,014 | | $ | 11,946 | | $ | 10,095 | | $ | 8,428 | |
Net financing and corporate assets transferred | | | | | | | | | | | | | | | |
from GECS to GECC | | 178 | | | 142 | | | 449 | | | 340 | | | 307 | |
Net assets of insurance operations transferred | | | | | | | | | | | | | | | |
from GECC to GECS | | (20 | ) | | (30 | ) | | (26 | ) | | (23 | ) | | (24 | ) |
Earnings from continuing operations attributable | | | | | | | | | | | | | | | |
to GECC, as revised | $ | 1,737 | | $ | 8,126 | | $ | 12,369 | | $ | 10,412 | | $ | 8,711 | |
| | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | |
(In millions) | | | | | | | | | | | | | | | |
December 31 | | 2009 | | | 2008 | | | 2007 | | | 2006 | | | 2005 | |
| | | | | | | | | | | | | | | |
Total assets, as previously reported | $ | 623,097 | | $ | 637,410 | | $ | 620,732 | | $ | 544,255 | | $ | 475,259 | |
Net financing and corporate assets transferred | | | | | | | | | | | | | | | |
from GECS to GECC | | 3,454 | | | 2,549 | | | 3,382 | | | (4,584 | ) | | 922 | |
Reduction in GECS/GECC intercompany receivables | | (3,159 | ) | | (3,017 | ) | | (2,888 | ) | | (2,705 | ) | | (2,290 | ) |
Net assets of insurance operations transferred | | | | | | | | | | | | | | | |
from GECC to GECS | | (690 | ) | | (661 | ) | | (640 | ) | | (635 | ) | | (605 | ) |
Total assets, as revised | $ | 622,702 | | $ | 636,281 | | $ | 620,586 | | $ | 536,331 | | $ | 473,286 | |
| | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | |
| | | | | First | | | Second | | | Third | | | Fourth | |
(In millions) | | 2009 | | | Quarter | | | Quarter | | | Quarter | | | Quarter | |
| | | | | | | | | | | | | | | |
Revenues, as previously reported | $ | 50,673 | | $ | 13,636 | | $ | 12,588 | | $ | 11,865 | | $ | 12,584 | |
Net financing and corporate assets transferred | | | | | | | | | | | | | | | |
from GECS to GECC | | 610 | | | 149 | | | 159 | | | 140 | | | 162 | |
Net assets of insurance operations transferred | | | | | | | | | | | | | | | |
from GECC to GECS | | (32 | ) | | (10 | ) | | (11 | ) | | – | | | (11 | ) |
Revenues, as revised | $ | 51,251 | | $ | 13,775 | | $ | 12,736 | | $ | 12,005 | | $ | 12,735 | |
| | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | |
Earnings from continuing operations attributable | | | | | | | | | | | | | | | |
to GECC, as previously reported | $ | 1,579 | | $ | 992 | | $ | 393 | | $ | 87 | | $ | 107 | |
Net financing and corporate assets transferred | | | | | | | | | | | | | | | |
from GECS to GECC | | 178 | | | 43 | | | 45 | | | 54 | | | 36 | |
Net assets of insurance operations transferred | | | | | | | | | | | | | | | |
from GECC to GECS | | (20 | ) | | (6 | ) | | (7 | ) | | – | | | (7 | ) |
Earnings from continuing operations attributable | | | | | | | | | | | | | | | |
to GECC, as revised | $ | 1,737 | | $ | 1,029 | | $ | 431 | | $ | 141 | | $ | 136 | |
| | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | |
(In millions) | | | | | March 31, | | | June 30, | | | Sept. 31, | | | Dec. 31, | |
| | | | | 2009 | | | 2009 | | | 2009 | | | 2009 | |
| | | | | | | | | | | | | | | |
Total assets, as previously reported | | | | $ | 612,344 | | $ | 625,549 | | $ | 630,786 | | $ | 623,097 | |
Net financing and corporate assets transferred | | | | | | | | | | | | | | | |
from GECS to GECC | | | | | 2,766 | | | 2,493 | | | 3,172 | | | 3,454 | |
Reduction in GECS/GECC intercompany receivables | | | | | (3,005 | ) | | (3,021 | ) | | (3,026 | ) | | (3,159 | ) |
Net assets of insurance operations transferred | | | | | | | | | | | | | | | |
from GECC to GECS | | | | | (672 | ) | | (685 | ) | | (689 | ) | | (690 | ) |
Total assets, as revised | | | | $ | 611,433 | | $ | 624,336 | | $ | 630,243 | | $ | 622,702 | |
| | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | |
| | | | | First | | | Second | | | Third | | | Fourth | |
(In millions) | | 2008 | | | Quarter | | | Quarter | | | Quarter | | | Quarter | |
| | | | | | | | | | | | | | | |
Revenues, as previously reported | $ | 67,994 | | $ | 17,123 | | $ | 18,149 | | $ | 17,624 | | $ | 15,098 | |
Net financing and corporate assets transferred | | | | | | | | | | | | | | | |
from GECS to GECC | | 632 | | | 213 | | | 60 | | | 240 | | | 119 | |
Net assets of insurance operations transferred | | | | | | | | | | | | | | | |
from GECC to GECS | | (49 | ) | | (18 | ) | | (11 | ) | | (10 | ) | | (10 | ) |
Revenues, as revised | $ | 68,577 | | $ | 17,318 | | $ | 18,198 | | $ | 17,854 | | $ | 15,207 | |
| | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | |
Earnings from continuing operations attributable | | | | | | | | | | | | | | | |
to GECC, as previously reported | $ | 8,014 | | $ | 2,481 | | $ | 2,750 | | $ | 2,088 | | $ | 695 | |
Net financing and corporate assets transferred | | | | | | | | | | | | | | | |
from GECS to GECC | | 142 | | | 25 | | | 46 | | | 67 | | | 4 | |
Net assets of insurance operations transferred | | | | | | | | | | | | | | | |
from GECC to GECS | | (30 | ) | | (11 | ) | | (7 | ) | | (7 | ) | | (5 | ) |
Earnings from continuing operations attributable | | | | | | | | | | | | | | | |
to GECC, as revised | $ | 8,126 | | $ | 2,495 | | $ | 2,789 | | $ | 2,148 | | $ | 694 | |
| | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | |
December 31 (In millions) | | | | | March 31, | | | June 30, | | | Sept. 31, | | | Dec. 31, | |
| | | | | 2008 | | | 2008 | | | 2008 | | | 2008 | |
| | | | | | | | | | | | | | | |
Total assets, as previously reported | | | | $ | 658,500 | | $ | 672,451 | | $ | 655,195 | | $ | 637,410 | |
Net financing and corporate assets transferred | | | | | | | | | | | | | | | |
from GECS to GECC | | | | | 3,168 | | | 1,544 | | | 1,896 | | | 2,549 | |
Reduction in GECS/GECC intercompany receivables | | | | | (2,817 | ) | | (2,888 | ) | | (2,924 | ) | | (3,017 | ) |
Net assets of insurance operations transferred | | | | | | | | | | | | | | | |
from GECC to GECS | | | | | (654 | ) | | (655 | ) | | (655 | ) | | (661 | ) |
Total assets, as revised | | | | $ | 658,197 | | $ | 670,452 | | $ | 653,512 | | $ | 636,281 | |