Unraveling the finances of a conglomerate such as General Electric Co. isn’t as simple as dividing by three as the company looks to spin off its energy and health-care businesses from its core operations.
The wholesale removal of significant portions of the industrial giant’s portfolio will ripple throughout GE’s financial statements, hitting cash, earnings, debt and assets. Deconstructing a streamlined set of financials for an aviation-focused GE, plus drafting financial reports for two newly minted public companies, will be no small feat.
“It really is a huge task and a huge lift to try to separate big companies from one ...
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