EX-12 3 ex12.htm EXHIBIT 12 Exhibit 12

Exhibit 12
Ratio of Earnings to Fixed Charges

 
(Dollars in millions)
Three months ended
March 31, 2006
       
General Electric Company and consolidated affiliates
      
Earnings (a)
  
$
5,191
Plus:
Interest and other financial charges included in expense
    
4,396
 
One-third of rental expense (b)
    
130
Adjusted “earnings”
  
$
9,717
       
Fixed Charges:
      
 
Interest and other financial charges
  
$
4,396
 
Interest capitalized
    
22
 
One-third of rental expense (b)
    
130
Total fixed charges
  
$
4,548
       
Ratio of earnings to fixed charges
   
2.14
       

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