GENERAL ELECTRIC CO
10-Q/A, 1995-11-14
ELECTRONIC & OTHER ELECTRICAL EQUIPMENT (NO COMPUTER EQUIP)
Previous: DEVON GROUP INC, 10-Q, 1995-11-14
Next: GENERAL INSTRUMENT CORP /DE/, 10-Q, 1995-11-14




<PAGE>

                                       
                                       
                      SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, D.C. 20549
                                   FORM 10-Q/A
                                  AMENDMENT # 1  
      (Mark One)
      
[x]   QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
      EXCHANGE ACT OF 1934

               For the quarterly period ended September 30, 1995
                                              ------------------
                                       
                                      OR
                                       
[ ]   TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
      EXCHANGE ACT OF 1934

                   For the transition period from        to
                                                ------    ------
                                       
                          Commission file number 1-35
                                                 ----
                                       
                                   GENERAL ELECTRIC COMPANY
             ----------------------------------------------------
            (Exact name of registrant as specified in its charter)

             New York                                   14-0689340
  (State or other jurisdiction of                     (I.R.S. Employer
   incorporation or organization)                   Identification No.)

   3135 Easton Turnpike, Fairfield, CT                   06431-0001
   -----------------------------------                  ------------
(Address of principal executive offices)                 (Zip Code)

(Registrant's telephone number, including area code)   (203) 373-2211

                                                     --------------
                                       
              ---------------------------------------------------
             (Former name, former address and former fiscal year,
                         if changed since last report)
                                       
      Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to
such filing requirements for the past 90 days.
Yes   x   No
     ---     ---
      There were 1,670,275,112 shares of common stock, par value of $0.32 per
share, outstanding at September 30, 1995.
      



<PAGE>
                                  SIGNATURES

                                       


      Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.

                           General Electric Company
                                       
                                 (Registrant)
                                       




November 14, 1995    Philip D. Ameen
- -----------------    ---------------------------------------------------
      Date           Vice President and Comptroller
                     Duly Authorized Officer and Principal
                     Accounting Officer


<PAGE>
1 of 2

                                                                    Exhibit 11
                       GENERAL ELECTRIC COMPANY
                  COMPUTATION OF PER SHARE EARNINGS

(Shares in thousands; dollar amounts, except
earnings per share, in millions)
<TABLE>
<CAPTION>
                                                                         Fully
                                                Earnings    Primary    diluted
Nine months ended September 30, 1995          per common   earnings   earnings
- ------------------------------------               share  per share  per share
                                               ---------- ---------- ---------
<S>                                            <C>        <C>        <C>
Net earnings applicable to common stock           $4,708     $4,708     $4,708
Dividend equivalents (net of tax) applicable
  to deferred incentive compensation shares            -          7          7
                                                --------   --------   --------
   Earnings for per-share calculations            $4,708     $4,715     $4,715
                                                --------   --------   --------
Average number of shares outstanding           1,688,137  1,688,137  1,688,137
Average number of deferred incentive
   compensation shares                                 -      8,272      8,272
Average stock option shares                            -     12,480     16,458
Average number of restricted stock units               -      1,258      1,414
                                              ---------- ---------- ----------
   Shares for earnings calculation             1,688,137  1,710,147  1,714,281
                                              ---------- ---------- ----------
Earnings per share                                 $2.79      $2.76      $2.75
- ------------------                              ========   ========   ========

Nine months ended September 30, 1994
- ------------------------------------

Net earnings applicable to common stock           $3,958     $3,958     $3,958
Dividend equivalents (net of tax) applicable
  to deferred incentive compensation shares            -          5          5
                                                --------   --------   --------
   Earnings for per-share calculations            $3,958     $3,963     $3,963
                                                --------   --------   --------
Average number of shares outstanding           1,709,431  1,709,431  1,709,431
Average number of deferred incentive
   compensation shares                                 -      8,547      8,547
Average stock option shares                            -     10,366     10,366
Average number of restricted stock units               -      1,118      1,118
                                              ---------- ---------- ----------
   Shares for earnings calculation             1,709,431  1,729,462  1,729,462
                                              ---------- ---------- ----------
Earnings per share                                 $2.32      $2.29      $2.29
- ------------------                              ========   ========   ========
</TABLE>
<PAGE>
2 of 2

                                                                    Exhibit 11
                       GENERAL ELECTRIC COMPANY
                  COMPUTATION OF PER SHARE EARNINGS

(Shares in thousands; dollar amounts, except
earnings per share, in millions)
<TABLE>
<CAPTION>
                                                                         Fully
                                                Earnings    Primary    diluted
Third quarter ended September 30, 1995        per common   earnings   earnings
- --------------------------------------             share  per share  per share
                                               ---------- ---------- ---------
<S>                                          <C>          <C>        <C>
Net earnings applicable to common stock           $1,610     $1,610     $1,610
Dividend equivalents (net of tax) applicable
  to deferred incentive compensation shares            -          4          4
                                                --------   --------   --------
   Earnings for per-share calculations            $1,610     $1,614     $1,614
                                                --------   --------   --------
Average number of shares outstanding           1,676,351  1,676,351  1,676,351
Average number of deferred incentive
   compensation shares                                 -      7,855      7,855
Average stock option shares                            -     14,801     17,006
Average number of restricted stock units               -      1,210      1,358
                                              ---------- ---------- ----------
   Shares for earnings calculation             1,676,351  1,700,217  1,702,570
                                              ---------- ---------- ----------
Earnings per share                                 $0.96      $0.95      $0.95
- ------------------                              ========   ========   ========

Third quarter ended September 30, 1994
- --------------------------------------

Net earnings applicable to common stock           $1,368     $1,368     $1,368
Dividend equivalents (net of tax) applicable
  to deferred incentive compensation shares            -          3          3
                                                --------   --------   --------
   Earnings for per-share calculations            $1,368     $1,371     $1,371
                                                --------   --------   --------
Average number of shares outstanding           1,711,014  1,711,014  1,711,014
Average number of deferred incentive
   compensation shares                                 -      8,473      8,473
Average stock option shares                            -     10,508     10,508
Average number of restricted stock units               -      1,117      1,117
                                              ---------- ---------- ----------
   Shares for earnings calculation             1,711,014  1,731,112  1,731,112
                                              ---------- ---------- ----------
Earnings per share                                 $0.80      $0.79      $0.79
- ------------------                              ========   ========   ========

</TABLE>



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission