executive summary For General Electric

Income Statement 2/10/20222/10/2023 Percent Change Revenue (Sales)$77,019 $77,786 11% Cost of Goods Sold53,896 55,535 13% Gross Profit23,123 22,251 -1-4% Operating Expenses23,147 19,764 -1-15% EBIT (Operating Income)(24)2,487 -1-10463% Interest Expense1,876 1,607 -1-14% EBT(1,900)880 -1-146% Tax(286)476 NANA Non-Recurring Events(4,906)(179)NANA Net Income(6,520)225 NANA Balance Sheet2/10/20222/10/2023 Percent Change Assets Cash and Short Term Investments$28,067$24,871-1-11% Accounts Receivable15,620 17,976 115% Inventory15,847 17,403 110% Other Current Assets6,814 5,983 -1-12% Total Current Assets66,348 66,233 -10% Property Plant & Equipment15,609 14,478 -1-7% Goodwill26,182 25,798 -1-1% Intangibles9,330 7,625 -1-18% Other Long-Term Assets81,405 73,653 -1-10% Total Assets198,874 187,787 -1-6% Liabilities Accounts Payable16,243 18,644 115% Other Current Liabilities35,710 38,304 17% Total Current Liabilities51,953 56,948 110% Long-Term Debt30,824 28,593 -1-7% Other Long-Term Liabilities74,484 64,665 -1-13% Total Liabilities157,261 150,206 -1-4% Equity Common Stock15 15 00% Retained Earnings85,110 84,693 -10% Treasury Stock(81,093)(81,209)NANA Paid in Capital & Other36,279 32,868 -1-9% Total Equity40,311 36,367 -1-10% Total Liabilities and Equity197,572 186,573 -1-6%