The world capital markets have access to more than $2 trillion global liquidity We’re tapping into liquidity to create investor value in a new era of strong global capital markets. GE’s focus on execution and fi nancial discipline helps generate cash fl ow for reinvestment, and provides the strategic framework to evaluate acquisition, divestiture and partnership opportunities. In 2006, GE’s Aviation Financial Services (AFS) business sold 41 aircraft to Genesis Lease Ltd., which specializes in airplane leasing. GE tapped into the global capital markets by taking an 11% stake in Genesis’ initial public offering, which raised $641 million on its fi rst day as a public company. Harnessing the power of the global capital markets, GE can con- tinue to manage and strengthen its portfo- lio of assets to drive growth. ge 2006 annual report 17
demographics We’re capitalizing on demographic trends by pursuing the right opportunities in healthcare. As the world’s population over 60 is growing at twice the rate of the total population, the cost of healthcare continues to rise. GE is helping to convert this demographic trend into a growth opportunity with a focus on early diagnosis and treatment. By integrating GE’s advanced imaging systems, breakthrough research in biomarker devel- opment for early diagnosis of Alzheimer’s disease and software developed by Satoshi Minoshima, M.D. Ph.D., at the University of Washington, physicians can diagnose and detect neurodegenerative diseases before the onset of symptoms. Over the next decade, $250 billion in healthcare spending is expected to shift from disease treatment to diagnosis 18 ge 2006 annual report
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