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


 
Nine months
 
ended
 
September 30,
 
2012
(Dollars in millions)
(Unaudited)
     
General Electric Company and consolidated affiliates
    
Earnings(a)
$
10,450 
Plus:
    
   Interest and other financial charges included in expense(b)
  
9,548 
   One-third of rental expense(c)
  
387 
Adjusted “earnings”
$
20,385 
     
Fixed charges:
    
  Interest and other financial charges included in expense(b)
$
9,548 
  Interest capitalized
  
21 
  One-third of rental expense(c)
  
387 
Total fixed charges
$
9,956 
     
Ratio of earnings to fixed charges
  
2.05 
     
     
(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.

 
 



 
(1)