**Exhibit        12**

**General        Electric Capital Services, Inc. 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, 2006**

|                                                                       | **Ratio                  of****earnings                  to****fixed                  charges** |   | **Ratio                  of****earnings                  to****combined****fixed                  charges****and                  preferred****stock                  dividends** |   |
|----------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
| *(Dollars                  in millions)*                                   | **As****previously****reported**                                                                |   | **As****restated**                                                                                                                                                                |   | **As****previously****reported** |   | **As****restated** |   |
|                                                                       |                                                                                            |   |                                                                                                                                                                              |   |   |   |   |   |   |   |   |   |
| Earnings                  from continuing operations                       | $                                                                                               | 2,270  |                                                                                                                                                                              | $      | 2,405 |   | $ | 2,270 |   | $ | 2,405 |   |
| Provision                  for income taxes                                |                                                                                            | 366    |                                                                                                                                                                              |   | 452 |   |   | 366 |   |   | 452 |   |
| Minority                  interest                                         |                                                                                            | 75     |                                                                                                                                                                              |   | 75 |   |   | 75 |   |   | 75 |   |
| Earnings                  from continuing operations before income taxes   |                                                                                            |   |                                                                                                                                                                              |   |   |   |   |   |   |   |   |   |
| and                  minority interest                                     |                                                                                            | 2,711  |                                                                                                                                                                              |   | 2,932 |   |   | 2,711 |   |   | 2,932 |   |
|                                                                       |                                                                                            |   |                                                                                                                                                                              |   |   |   |   |   |   |   |   |   |
| Fixed                  charges:                                            |                                                                                            |   |                                                                                                                                                                              |   |   |   |   |   |   |   |   |   |
| Interest                                                                   |                                                                                            | 4,161  |                                                                                                                                                                              |   | 4,148 |   |   | 4,161 |   |   | 4,148 |   |
| One-third                  of rentals(a)                                   |                                                                                            | 80     |                                                                                                                                                                              |   | 80 |   |   | 80 |   |   | 80 |   |
| Total                  fixed charges                                       |                                                                                            | 4,241  |                                                                                                                                                                              |   | 4,228 |   |   | 4,241 |   |   | 4,228 |   |
| Less                  interest capitalized, net of amortization            |                                                                                            | (19    | )                                                                                                                                                                                 |   | (19 | ) |   | (19 | ) |   | (19 | ) |
|                                                                       |                                                                                            |   |                                                                                                                                                                              |   |   |   |   |   |   |   |   |   |
| Earnings                  from continuing operations before income taxes   |                                                                                            |   |                                                                                                                                                                              |   |   |   |   |   |   |   |   |   |
| and                  minority interest plus fixed charges                  | $                                                                                               | 6,933  |                                                                                                                                                                              | $      | 7,141 |   | $ | 6,933 |   | $ | 7,141 |   |
|                                                                       |                                                                                            |   |                                                                                                                                                                              |   |   |   |   |   |   |   |   |   |
| Ratio                  of earnings to fixed charges                        |                                                                                            | 1.63   |                                                                                                                                                                              |   | 1.69 |   |   | 1.63 |   |   | 1.69 |   |
|                                                                       |                                                                                            |   |                                                                                                                                                                              |   |   |   |   |   |   |   |   |   |
| Preferred                  stock dividend requirements                     |                                                                                            |   |                                                                                                                                                                              |   |   |   | $ | - |   | $ | - |   |
|                                                                       |                                                                                            |   |                                                                                                                                                                              |   |   |   |   |   |   |   |   |   |
| Ratio                  of earnings before provision for income taxes to    |                                                                                            |   |                                                                                                                                                                              |   |   |   |   |   |   |   |   |   |
| earnings                  from continuing operations                       |                                                                                            |   |                                                                                                                                                                              |   |   |   |   | 1.16 |   |   | 1.19 |   |
|                                                                       |                                                                                            |   |                                                                                                                                                                              |   |   |   |   |   |   |   |   |   |
| Preferred                  stock dividend factor on pre-tax basis          |                                                                                            |   |                                                                                                                                                                              |   |   |   |   | - |   |   | - |   |
| Fixed                  charges                                             |                                                                                            |   |                                                                                                                                                                              |   |   |   |   | 4,241 |   |   | 4,228 |   |
|                                                                       |                                                                                            |   |                                                                                                                                                                              |   |   |   |   |   |   |   |   |   |
| Total                  fixed charges and preferred stock dividend          |                                                                                            |   |                                                                                                                                                                              |   |   |   |   |   |   |   |   |   |
| requirements                                                               |                                                                                            |   |                                                                                                                                                                              |   |   |   | $ | 4,241 |   | $ | 4,228 |   |
|                                                                       |                                                                                            |   |                                                                                                                                                                              |   |   |   |   |   |   |   |   |   |
| Ratio                  of earnings to combined fixed charges and preferred |                                                                                            |   |                                                                                                                                                                              |   |   |   |   |   |   |   |   |   |
| stock                  dividends                                           |                                                                                            |   |                                                                                                                                                                              |   |   |   |   | 1.63 |   |   | 1.69 |   |
|                                                                       |                                                                                            |   |                                                                                                                                                                              |   |   |   |   |   |   |   |   |   |

| (a) | Considered                  to be representative of interest factor in rental expense. |   |
|-----|----------------------------------------------------------------------------------------|--------|