GE Posts 2002 Annual Report.Business Editors FAIRFIELD, Conn.--(BUSINESS WIRE)--March 7, 2003 GE's 2002 Annual Report is now available on the company's Web site at www.ge.com/investor. The report, titled "Only GE," includes Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Jeff Immelt's letter to stakeholders Stakeholders All parties that have an interest, financial or otherwise, in a firm-stockholders, creditors, bondholders, employees, customers, management, the community, and the government. , in which he discusses the company's performance in 2002 and defines his team's strategy to transform GE into a "global Technology, Services and Financial enterprise capable of expanding growth, cash, and returns on capital through the cycles." The report also delivers on another element of GE's practice of increased transparency with a much fuller Financial Section. The 69-page Financial Section contains more extensive "plain language" discussion of GE's results and various aspects of its financial statements. The online Financial Section features new interactive capabilities that enable the viewer to organize information and explore the document more easily. "Our annual report is an affirmation A solemn and formal declaration of the truth of a statement, such as an Affidavit or the actual or prospective testimony of a witness or a party that takes the place of an oath. An affirmation is also used when a person cannot take an oath because of religious convictions. of GE's unique strengths and resources - our terrific people, our business diversity and global reach, our technology and services leadership, and our commitment to performance with integrity," Immelt said. "These have been the keys to our success, and they are the base on which we are building an even stronger GE for the future." GE (NYSE NYSE See: New York Stock Exchange :GE) is a diversified diversified (di·verˑ·s technology, services and manufacturing company with a commitment to achieving customer success. GE operates in more than 100 countries and employs approximately 315,000 people worldwide. For more information, visit the company's Web site at http://www.ge.com. Caution Concerning Forward-Looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. This document includes certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. Actual results may differ materially from these expectations due to changes in global political, economic, business, competitive, market and regulatory factors. More detailed information about those factors is contained in GE's filings with the Securities and Exchange Commission. |
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