EXHIBIT 12-B CHRYSLER CORPORATION ENTERPRISE AS A WHOLE COMPUTATIONS OF RATIOS OF EARNINGS TO FIXED CHARGES AND PREFERRED STOCK DIVIDEND REQUIREMENTS Six Months Ended June 30, (Unaudited) ------------------ 1995 1994 -------- ------ (in millions of dollars) Net earnings from continuing operations $ 727 $ 1,894 Add back: Taxes on income 481 1,242 Fixed charges 682 648 Amortization of previously capitalized interest 49 49 Deduct: Capitalized interest 90 89 Undistributed earnings from less than fifty-percent owned affiliates 8 6 -------- -------- Earnings available for fixed charges $ 1,841 $ 3,738 ======== ========= Fixed charges: Interest expense $ 515 $ 482 Interest expense of unconsolidated subsidiaries 0 0 Capitalized interest 90 89 Credit line commitment fees 4 6 Interest portion of rent expense 73 71 Gross up of preferred stock dividends of majority-owned subsidiaries (CFC) to a pretax basis 0 0 -------- -------- Total fixed charges $ 682 $ 648 ======== ======== Ratio of earnings to fixed charges 2.70 5.77 Preferred stock dividend requirements 28 66 Ratio of earnings to fixed charges and preferred stock dividend requirements 2.59 5.24 Equity taken up in earnings of less than fifty-percent owned affiliates $ 8 $ 6 Deduct: Dividends paid by affiliates 0 0 -------- -------- Undistributed earnings from less than fifty-percent owned affiliates $ 8 $ 6 ======== ======== For the purpose of computing the ratios of earnings to fixed charges and preferred stock dividends, earnings are determined by adding back fixed charges to consolidated earnings 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, interest portion of rental 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.