EX-12 5 exhibit12.htm EXHIBIT 12 exhibit12.htm
 
Exhibit 12
General Electric Company
Computation of Ratio of Earnings to Fixed Charges


 
Three months
 
ended
 
March 31,
 
2013
(Dollars in millions)
(Unaudited)
     
General Electric Company and consolidated affiliates
   
Earnings(a)
$
4,065
Plus:
   
   Interest and other financial charges included in expense(b)
 
2,621
   One-third of rental expense(c)
 
139
Adjusted “earnings”
$
6,825
     
Fixed charges:
   
  Interest and other financial charges included in expense(b)
$
 2,621
  Interest capitalized
 
 6
  One-third of rental expense(c)
 
 139
Total fixed charges
$
 2,766
     
Ratio of earnings to fixed charges
 
 2.47
     
     
(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.