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Exhibit 12
General Electric Company
Ratio of Earnings to Fixed Charges
(Dollars in millions) | Six months ended June 30, 2007 | ||
General Electric Company and consolidated affiliates | |||
Earnings (a) | $ | 12,315 | |
Plus | |||
Interest and other financial charges included in expense | 11,536 | ||
One-third of rental expense (b) | 330 | ||
Adjusted “earnings” | $ | 24,181 | |
Fixed Charges | |||
Interest and other financial charges included in expense | $ | 11,536 | |
Interest capitalized | 54 | ||
One-third of rental expense (b) | 330 | ||
Total fixed charges | $ | 11,920 | |
Ratio of earnings to fixed charges | 2.03 | ||
(a) | Earnings before income taxes, minority interest and discontinued operations. |
(b) | Considered to be representative of interest factor in rental expense. |