Exhibit 12-B CHRYSLER CORPORATION ENTERPRISE AS A WHOLE COMPUTATIONS OF RATIOS OF EARNINGS TO FIXED CHARGES AND PREFERRED STOCK DIVIDENDS Year Ended December 31, 1993 1992 1991(1) 1990 1989 (Dollars in millions) Net earnings (loss) from continuing operations before cumulative effect of changes in accounting principles $2,415 $ 505 $ (538) $ 68 $ 323 Add back: Taxes on income 1,423 429 (272) 79 242 Fixed charges 1,433 1,732 2,179 2,783 3,126 Amortization of previously capitalized interest 94 87 86 81 78 Deduct: Capitalized interest 176 176 162 140 123 Undistributed earnings from less than fifty-percent owned affiliates 2 7 11 6 35 Earnings available for fixed charges $5,187 $2,570 $1,282 $2,865 $3,611 Fixed charges: Interest expense $1,104 $1,405 $1,869 $2,458 $2,844 Interest expense of unconsolidated subsidiaries - - - 15 10 Capitalized interest 176 176 162 140 123 Credit line commitment fees 10 10 15 6 9 Interest portion of rent expense 143 139 126 119 121 Gross-up of preferred stock dividends of majority-owned subsidiaries (CFC) to a pre-tax basis - 2 7 45 19 Total fixed charges $1,433 $1,732 $2,179 $2,783 $3,126 Ratio of earnings to fixed charges 3.62 1.48 .59 1.03 1.16 Preferred stock dividend requirements 127 128 - - - Ratio of earnings to fixed charges and preferred stock dividend requirements 3.33 1.38 - - - Equity taken up in earnings of less than fifty-percent owned affiliates $ 2 $ 11 $ 13 $ 8 $ 39 Deduct - Dividends paid by affiliates - 4 2 2 4 Undistributed earnings from less than fifty-percent owned affiliates $ 2 $ 7 $ 11 $ 6 $ 35 <FN> (1) In 1991, earnings were not sufficient to cover fixed charges. The coverage deficiency was $897 million. For purposes of computing the ratios of earnings to fixed charges and preferred stock dividend requirements, earnings are determined by adding back fixed charges to earnings (loss) from continuing operations (including equity in net earnings of unconsolidated subsidiaries) before taxes on income and excluding undistributed earnings from less than fifty percent owned affiliates. Fixed charges consist of interest expense, credit line commitment fees, the interest portion of rent expense and the preferred stock dividend requirements of its majority-owned subsidiaries increased to an amount representing the pre-tax earnings that would be required to cover such dividend requirements. The year ended December 31, 1989 has been restated to exclude the effects of discontinued operations.