Revenue during the quarter grew 4.02 percent to $42,004 million from $40,382 million in the previous year period. Gross margin for the quarter expanded 168 basis points over the previous year period to 17.09 percent. Operating margin for the quarter stood at negative 71.06 percent as compared to a negative 76.93 percent for the previous year period.

However, the adjusted operating income for the quarter stood at $5,635 million compared to $5,417 million in the prior year period. At the same time, adjusted operating margin was almost stable in the quarter to 13.42 percent, when compared with prior year period.

Working capital of General Electric Co has turned negative to $103 million on Dec. 31, 2014 from positive $171,750 million on Dec. 31, 2013. Current ratio was at 0.80 as on Dec. 31, 2014, down from 1.83 on Dec. 31, 2013.

Debt comes down significantly
General Electric Co has recorded a decline in total debt over the last one year. It stood at $365 million as on Dec. 31, 2014, down 99.84 percent or $221,683 million from $222,048 million on Dec. 31, 2013. Total debt was 56.30 percent of total assets as on Dec. 31, 2014, compared with 33,817.85 percent on Dec. 31, 2013. Debt to equity ratio was at 0.56 as on Dec. 31, 2014, down from 338.18 as on Dec. 31, 2013.