As reported here two weeks ago, the most significant GE entity, GE Capital Finance Australasia, fell into the red in 2002, with its consumer finance business recording steep losses. The group recorded a loss before tax of $16.5 million, compared with a pre tax profit of $29.1 million.• The consumer finance side of the business made significant losses for the second year running. The loss after tax on the consumer finance segment widened to $89.4 million in 2002, from a loss of $24.7 million in 2001.• Commercial finance recorded a net profit of $25.6 million, up from a net profit of $11.2 million in 2001.• Insurance recorded a net profit of $16.6 million, down from a net profit of $20.9 million in 2001.There's quite a bit more to the complex financial reporting structure of GE Capital in Australia, most of which will be published here tomorrow.