Attached files
| file | filename |
|---|---|
| 10-Q - GENERAL ELECTRIC CAPITAL CORP | gecc10q1q15.htm |
| EX-99 - GENERAL ELECTRIC CAPITAL CORP | gecc10q1q15ex99.htm |
| EX-31.B - GENERAL ELECTRIC CAPITAL CORP | gecc10q1q15ex31b.htm |
| EX-31.A - GENERAL ELECTRIC CAPITAL CORP | gecc10q1q15ex31a.htm |
| EXCEL - IDEA: XBRL DOCUMENT - GENERAL ELECTRIC CAPITAL CORP | Financial_Report.xls |
| EX-32 - GENERAL ELECTRIC CAPITAL CORP | gecc10q1q15ex32.htm |
|
Exhibit 12
|
||
|
General Electric Capital Corporation and consolidated affiliates
|
||
|
Computation of Ratio of Earnings to Fixed Charges and
|
||
|
Computation of Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends
|
||
|
Three months ended March 31, 2015
|
||
|
(Unaudited)
|
||
|
(Dollars in millions)
|
||
|
Loss(a)
|
$
|
(6,434)
|
|
Plus:
|
||
|
Interest included in expense(b)
|
1,888
|
|
|
One-third of rental expense(c)
|
30
|
|
|
Adjusted "losses"
|
$
|
(4,516)
|
|
Fixed charges:
|
||
|
Interest included in expense(b)
|
$
|
1,888
|
|
Interest capitalized
|
5
|
|
|
One-third of rental expense(c)
|
30
|
|
|
Total fixed charges
|
$
|
1,923
|
|
Ratio of earnings to fixed charges(d)
|
-
|
|
|
Preferred stock dividend requirements
|
$
|
-
|
|
Ratio of earnings before provision for income taxes to earnings from continuing operations(d)
|
-
|
|
|
Preferred stock dividend factor on pre-tax basis
|
$
|
-
|
|
Fixed charges
|
1,923
|
|
|
Total fixed charges and preferred stock dividend requirements
|
$
|
1,923
|
|
Ratio of earnings to combined fixed charges and preferred stock dividends(d)
|
-
|
|
|
(a)
|
Loss before income taxes, noncontrolling interests, discontinued operations and undistributed earnings of equity investees.
|
|
(b)
|
Included interest on tax deficiencies and interest on discontinued operations.
|
|
(c)
|
Considered to be representative of interest factor in rental expense.
|
|
(d)
|
For the three months ended March 31, 2015, in connection with the GE Capital Exit Plan, we incurred loss from operations, and as a result, our earnings were insufficient to cover our fixed charges by $6,439 million.
|