Attached files
| file | filename |
|---|---|
| 10-Q - GECC 10-Q 03-31-2011 - GENERAL ELECTRIC CAPITAL CORP | gecc10-q03312011.htm |
| EX-32 - GECC EXHIBIT 32 - GENERAL ELECTRIC CAPITAL CORP | geccexhibit32.htm |
| EX-31.B - GECC EXHIBIT 31(B) - GENERAL ELECTRIC CAPITAL CORP | geccexhibit31b.htm |
| EX-99.A - GECC EXHIBIT 99(A) - GENERAL ELECTRIC CAPITAL CORP | geccexhibit99a.htm |
| EX-31.A - GECC EXHIBIT 31(A) - GENERAL ELECTRIC CAPITAL CORP | geccexhibit31a.htm |
Exhibit 12
General Electric Capital Corporation and consolidated affiliates
Computation of Ratio of Earnings to Fixed Charges
Three months ended March 31, 2011
(Unaudited)
|
Ratio of
|
||
|
earnings to
|
||
|
fixed charges
|
||
|
(Dollars in millions)
|
||
|
Earnings(a)
|
$
|
2,250
|
|
Plus:
|
||
|
Interest included in expense(b)
|
3,660
|
|
|
One-third of rental expense(c)
|
53
|
|
|
Adjusted “earnings”
|
$
|
5,963
|
|
Fixed charges:
|
||
|
Interest included in expense(b)
|
$
|
3,660
|
|
Interest capitalized
|
6
|
|
|
One-third of rental expense(c)
|
53
|
|
|
Total fixed charges
|
$
|
3,719
|
|
Ratio of earnings to fixed charges
|
1.60
|
|
|
(a)
|
Earnings before income taxes, noncontrolling interests, discontinued operations and undistributed earnings of equity investees.
|
|
(b)
|
Included interest on tax deficiencies.
|
|
(c)
|
Considered to be representative of interest factor in rental expense.
|