EX-12 2 geccex12.htm GECC EXHIBIT 12 geccex12.htm
 
Exhibit 12
 

General Electric Capital Corporation and consolidated affiliates
 
Computation of Ratio of Earnings to Fixed Charges
 
Six months ended June 30, 2007
 
(Unaudited)
 
 
Ratio of
earnings to
fixed charges
  
(Dollars in millions)
      
       
Earnings(a)
$
4,909
  
Plus
      
Interest included in expense
  
10,847
  
One-third of rental expense(b)
  
175
  
Adjusted “earnings”
$
15,931
  
       
Fixed charges
      
Interest included in expense
$
10,847
  
Interest capitalized
  
41
  
One-third of rental expense(b)
  
175
  
Total fixed charges
$
11,063
  
       
Ratio of earnings to fixed charges
  
1.44
  
       

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