Exhibit 12 General Electric Company
Ratio of Earnings to Fixed Charges(Dollars in millions) Three months ended
March 31, 2000GE except GECS Earnings (a) $3,521 Less: Equity in undistributed earnings of General Electric Capital Services, Inc. (b) (769) Plus: Interest and other financial charges included in expense 253 One-third of rental expense (c) 51 Adjusted "earnings" $3,056 Fixed Charges: Interest and other financial charges $253 Interest capitalized 0 One-third of rental expense (c) 51 Total fixed charges $304 Ratio of earnings to fixed charges 10.05 General Electric Company and consolidated affiliates Earnings (a) $4,107 Plus: Interest and other financial charges included in expense 2,857 One-third of rental expense (c) 158 Adjusted "earnings" $7,122 Fixed Charges: Interest and other financial charges $2,857 Interest capitalized 25 One-third of rental expense (c) 158 Total fixed charges $3,040 Ratio of earnings to fixed charges 2.34 (a) Earnings before income taxes and minority interest.
(b) Earnings after income taxes, net of dividends.
(c) Considered to be representative of interest factor in rental expense.
General Electric (GE)
Filed: 15 May 00, 12:00am