EX-12 2 geccex129302007.htm GECC EX12 9302007 geccex129302007.htm
 
 
Exhibit 12
 

General Electric Capital Corporation and consolidated affiliates
 
Computation of Ratio of Earnings to Fixed Charges
 
Nine months ended September 30, 2007
 
(Unaudited)
 

 
 
Ratio of
earnings to
fixed charges
  
(Dollars in millions)
      
       
Earnings(a)
$
9,470
  
Plus
      
Interest included in expense
  
16,404
  
One-third of rental expense(b)
  
252
  
Adjusted “earnings”
$
26,126
  
       
Fixed charges
      
Interest included in expense
$
16,404
  
Interest capitalized
  
59
  
One-third of rental expense(b)
  
252
  
Total fixed charges
$
16,715
  
       
Ratio of earnings to fixed charges
  
1.56
  
       

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