8-K/AExhibits & Filings

GENERAL ELECTRIC CO 8-K/A Report, Exhibit Filing (Jan 9, 2023)

Filed January 9, 2023For Securities:GE

Summary

This 8-K Amendment filed by General Electric Company (GE) primarily concerns the inclusion of unaudited pro forma financial information. This information provides a hypothetical view of GE's financial position and earnings as if certain transactions had occurred. Investors should note that this filing does not present actual results but rather adjusted figures for comparative analysis, particularly relevant as GE continues its strategic transformation, including the planned spin-off of its energy businesses into GE Vernova. The pro forma data covers the Statement of Financial Position as of September 30, 2022, and Statements of Earnings (Loss) for the nine months ended September 30, 2022, and the full years 2021, 2020, and 2019. This supplementary information is crucial for understanding the potential impact of GE's ongoing portfolio adjustments and strategic realignments on its future financial performance and structure. Investors should review these pro forma statements in conjunction with GE's official SEC filings for actual reported results.

Key Highlights

  • 1Filing includes unaudited pro forma financial information for General Electric (GE).
  • 2Pro forma data covers Statement of Financial Position as of September 30, 2022.
  • 3Pro forma earnings data is provided for the nine months ended September 30, 2022, and full years 2021, 2020, and 2019.
  • 4This information is presented as hypothetical to show the impact of certain events or transactions.
  • 5The filing is an amendment to a previous 8-K, indicating supplementary financial data is being provided.
  • 6GE continues to emphasize its strategic transformation, including the planned spin-off of its energy businesses (GE Vernova).

Frequently Asked Questions

The primary purpose of this 8-K Amendment is to provide investors with unaudited pro forma financial information. This supplementary data presents GE's financial position and earnings as if certain transactions or events had already occurred, offering a hypothetical view for analytical purposes.

No, the pro forma financial information is not GE's actual reported financial results. It is unaudited and presented on a hypothetical basis to illustrate the potential impact of specific transactions, such as planned divestitures or spin-offs, on the company's financial statements.

GE is providing pro forma financial information to help investors better understand the potential impact of its ongoing strategic initiatives, such as the planned spin-off of its energy businesses into GE Vernova, on its financial structure and performance. It aids in analyzing the company's projected future financial condition.

The unaudited pro forma financial information includes the Statement of Financial Position as of September 30, 2022, and the Statements of Earnings (Loss) for the nine months ended September 30, 2022, and for the full years ended December 31, 2021, 2020, and 2019.