Exhibit 12

General Electric Capital Corporation and consolidated affiliates

Computation of Ratio of Earnings to Fixed Charges

and

Computation of Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends

Three months ended March 31, 2014

(Unaudited)

			Ratio of
			earnings to
			combined
	Ratio of		fixed charges
	earnings to		and preferred
	fixed charges		stock dividends
(Dollars in millions)
Earnings(a)	$	2,018	$	2,018
Plus:
Interest included in expense(b)		2,161		2,161
One-third of rental expense(c)		32		32
Adjusted “earnings”	$	4,211	$	4,211
Fixed charges:
Interest included in expense(b)	$	2,161	$	2,161
Interest capitalized		7		7
One-third of rental expense(c)		32		32
Total fixed charges	$	2,200	$	2,200
Ratio of earnings to fixed charges		1.91
Preferred stock dividend requirements			$	–
Ratio of earnings before provision for income taxes to
earnings from continuing operations				1.10
Preferred stock dividend factor on pre-tax basis				–
Fixed charges			$	2,200
Total fixed charges and preferred stock dividend requirements			$	2,200
Ratio of earnings to combined fixed charges and
preferred stock dividends				1.91

(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.