EX-12.A 7 ex12a.htm ex12a.htm
Exhibit 12(a)

General Electric Company
Computation of Ratio of Earnings to Fixed Charges

 
Years ended December 31
(Dollars in millions)
 
2009 
 
 
2008 
 
 
2007 
 
 
2006 
 
 
2005 
 
 
 
   
 
 
   
 
 
   
 
 
   
 
 
General Electric Company and
 
 
 
 
 
 
 
 
 
 
 
 
 
 
   consolidated affiliates
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Earnings(a)
$
10,096 
 
$
19,782 
 
$
27,528 
 
$
24,150 
 
$
22,024 
Plus:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
   Interest and other financial charges
 
 
 
 
 
 
 
 
 
 
 
 
 
 
      included in expense(b)
 
18,770 
 
 
26,295 
 
 
24,103 
 
 
19,104 
 
 
14,884 
   One-third of rental expense(c)
 
610 
 
 
477 
 
 
648 
 
 
592 
 
 
589 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Adjusted “earnings”
$
29,476 
 
$
46,554 
 
$
52,279 
 
$
43,846 
 
$
37,497 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Fixed charges:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
   Interest and other financial charges
 
 
 
 
 
 
 
 
 
 
 
 
 
 
      included in expense(b)
$
18,770 
 
$
26,295 
 
$
24,103 
 
$
19,104 
 
$
14,884 
   Interest capitalized
 
42 
 
 
73 
 
 
93 
 
 
71 
 
 
75 
   One-third of rental expense(c)
 
610 
 
 
477 
 
 
648 
 
 
592 
 
 
589 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total fixed charges
$
19,422 
 
$
26,845 
 
$
24,844 
 
$
19,767 
 
$
15,548 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Ratio of earnings to fixed charges
 
1.52 
 
 
1.73 
 
 
2.10 
 
 
2.22 
 
 
2.41 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(a)
Earnings before income taxes, noncontrolling interests, discontinued operations and undistributed earnings of equity investees.
 
(b)
Included interest on tax deficiencies.
 
(c)
Considered to be representative of interest factor in rental expense.