EX-12 2 ex12.htm EXHIBIT 12 Exhibit 12
Exhibit 12
 
General Electric Company
Ratio of Earnings to Fixed Charges
 

 
(Dollars in millions)
Six months ended
June 30, 2005
         
General Electric Company and consolidated affiliates
        
Earnings (a)
  
$
11,731
 
Plus:
Interest and other financial charges included in expense
    
7,727
  
 
One-third of rental expense (b)
    
322
  
Adjusted “earnings”
  
$
19,780
  
         
Fixed Charges:
        
 
Interest and other financial charges
  
$
7,727
  
 
Interest capitalized
    
60
  
 
One-third of rental expense (b)
    
322
  
         
Total fixed charges
  
$
8,109
  
         
Ratio of earnings to fixed charges
   
2.44
  
         

(a)
 
Earnings before income taxes and minority interest.
 
(b)
Considered to be representative of interest factor in rental expense