GE Releases 2005 Annual Report; ''Go Big'' Theme Emphasizes Strength of Size and Opportunities for Growth.FAIRFIELD, Conn. -- GE (NYSE NYSE See: New York Stock Exchange : GE) today announced that its 2005 Annual Report is now available on the company's Web site at www.ge.com/annual05. The annual report entitled en·ti·tle tr.v. en·ti·tled, en·ti·tling, en·ti·tles 1. To give a name or title to. 2. To furnish with a right or claim to something: , "Go Big," reviews GE's 2005 performance and provides an overview on the company's three strategic priorities for sustained performance in 2006. "Great companies want to grow and become big. GE is a big company that uses its size as a platform to be great and drive future growth," writes GE 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 in his 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. . "Sustaining our performance requires superior execution around the three imperatives of size: sustain a strong portfolio of leadership businesses, drive common initiatives that expand performance, and develop people to grow a common culture that is adaptive, ethical and drives execution." The report features a series of chapters that focus on GE's key stakeholders and initiatives, including investors, customers, employees, developing markets and outreach Outreach is an effort by an organization or group to connect its ideas or practices to the efforts of other organizations, groups, specific audiences or the general public. and articulates how GE's size delivers value for all of these constituencies. "Our depth allows us to lead in big markets by providing unmatched solutions for our customers; our breadth allows us to spread concepts across the Company, leveraging one small idea to create a big financial gain; and our strength allows us to take the risks required to grow," writes Immelt in his letter to stakeholders. "The next few years should be good ones for your Company. We are well positioned for accelerating growth, expanding returns and strategic success." GE continues to provide useful disclosure in the financial section, which contains detailed discussion of Company results and various aspects of its financial statements. The on-line financial section includes interactive features and navigation aids that improve the user experience. GE will begin mailing more than 3.8 million reports and proxy statements Proxy Statement A document containing the information that a company is required by the SEC to provide to shareholders so they can make informed decisions about matters that will be brought up at an annual stockholder meeting. today in preparation for its annual shareowners meeting on Wednesday, April 26, 2006 in Philadelphia, Pennsylvania Pennsylvania (pĕnsəlvā`nyə), one of the Middle Atlantic states of the United States. It is bordered by New Jersey, across the Delaware River (E), Delaware (SE), Maryland (S), West Virginia (SW), Ohio (W), and Lake Erie and New York . GE (NYSE: GE) is Imagination at Work -- a diversified diversified (di·verˑ·s technology, media and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. company focused on solving some of the world's toughest problems. With products and services ranging from aircraft engines, power generation, water processing and security technology to medical imaging, business and consumer financing, media content and advanced materials Advanced Materials is a leading peer-reviewed materials science journal published every two weeks. Advanced Materials includes Communications, Reviews, and Feature Articles from the cutting edge of materials science, including topics in chemistry, physics, , GE serves customers in more than 100 countries and employs more than 300,000 people worldwide. For more information, visit the company's Web site at 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. 2005 results are preliminary and quarterly information is unaudited. This document contains "forward-looking statements" - that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance, and often contain words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," or "will." Forward-looking statements by their nature address matters that are, to different degrees, uncertain. For us, particular uncertainties which could adversely or positively affect our future results include: the behavior of financial markets, including fluctuations in interest rates and commodity prices; strategic actions, including dispositions; future integration of acquired businesses; future financial performance of major industries which we serve, including, without limitation, the air and rail transportation, energy generation, media, real estate and healthcare industries; unanticipated loss development in our insurance businesses; and numerous other matters of national, regional and global scale, including those of a political, economic, business, competitive and regulatory nature. These uncertainties may cause our actual future results to be materially different than those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements. |
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