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

 
(Dollars in millions)
Nine months ended
September 30, 2005
         
General Electric Company and consolidated affiliates
        
Earnings (a)
  
$
18,111
 
Plus:
Interest and other financial charges included in expense
    
11,569
  
 
One-third of rental expense (b)
    
482
  
Adjusted “earnings”
  
$
30,162
  
         
Fixed Charges:
        
 
Interest and other financial charges
  
$
11,569
  
 
Interest capitalized
    
81
  
 
One-third of rental expense (b)
    
482
  
         
Total fixed charges
  
$
12,132
  
         
Ratio of earnings to fixed charges
   
2.49
  
         

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