Exhibit 12 GENERAL ELECTRIC COMPANY RATIO OF EARNINGS TO FIXED CHARGES (Dollars in millions) Three months ended March 31, 1995 ----------------- GE except GECS "Earnings" <F1> $1,827 Less: Equity in undistributed earnings of General Electric Capital Services, Inc. <F2> (366) Plus: Interest and other financial charges included in expense 126 One-third of rental expense <F3> 43 --------- Adjusted "earnings" $1,630 ========= Fixed Charges: Interest and other financial charges $126 Interest capitalized 1 One-third of rental expense <F3> 43 --------- Total fixed charges $170 ========= Ratio of earnings to fixed charges 9.59 ========= General Electric Company and consolidated affiliates "Earnings" <F1> $2,121 Plus: Interest and other financial charges included in expense 1,678 One-third of rental expense <F3> 80 --------- Adjusted "earnings" $3,879 ========= Fixed Charges: Interest and other financial charges $1,678 Interest capitalized 4 One-third of rental expense <F3> 80 --------- Total fixed charges $1,762 ========= Ratio of earnings to fixed charges 2.20 ========= <FN> <F1> Earnings from continuing operations before income taxes and minority interest. <F2> Earnings after income taxes, net of dividends. <F3> Considered to be representative of interest factor in rental expense