Exhibit 12
General Electric Company
Ratio of Earnings to Fixed Charges
(Dollars in millions) | Nine months ended September 30, 2006 (Restated) | |||
General Electric Company and consolidated affiliates | ||||
Earnings from continuing operations before income taxes and minority interest | $ | 17,761 | ||
Plus: | Interest and other financial charges included in expense | 14,156 | ||
One-third of rental expense (a) | 496 | |||
Adjusted “earnings” | $ | 32,413 | ||
Fixed Charges: | ||||
Interest and other financial charges | $ | 14,156 | ||
Interest capitalized | 59 | |||
One-third of rental expense (a) | 496 | |||
Total fixed charges | $ | 14,711 | ||
Ratio of earnings to fixed charges | 2.20 | |||
(a) | Considered to be representative of interest factor in rental expense. |