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EXHIBIT 11
CHRYSLER CORPORATION AND CONSOLIDATED SUBSIDIARIES
EARNINGS PER COMMON SHARE DATA
APB 15 CALCULATION
Year Ended December 31
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1994 1993 1992
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(in millions of dollars and shares,
except per-common-share amounts)
PRIMARY:
Net earnings (loss) $3,713 $(2,551) $ 723
Preferred stock dividends (80) (80) (69)
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Earnings (loss) attributable to common stock $3,633 $(2,631) $ 654
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Weighted average shares outstanding 354.3 345.1 292.8
Shares issued on exercise of dilutive options 10.3 -- 9.8
Shares purchased with proceeds of options (5.8) -- (7.3)
Shares contingently issuable 0.4 -- 0.6
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Shares applicable to primary earnings (loss) 359.2 345.1 295.9
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FULLY DILUTED:
Net earnings $3,713 $ -- $ 723
Preferred stock dividends -- -- --
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Earnings attributable to common stock $3,713 $ -- $ 723
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Weighted average shares outstanding 354.3 -- 292.8
Shares issued on exercise of dilutive options 11.1 -- 11.2
Shares purchased with proceeds of options (6.5) -- (7.9)
Shares applicable to convertible
preferred stock 47.9 -- 41.4
Shares contingently issuable 1.0 -- 1.7
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Shares applicable to fully diluted
earnings 407.8 -- 339.2
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PER COMMON SHARE DATA:
Primary:
Earnings before cumulative effect of
changes in accounting principles $ 10.11 $ 6.77 $ 1.47
Cumulative effect of changes in
accounting principles -- (14.39) 0.74
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Net earnings (loss) per common share $ 10.11 $ (7.62) $ 2.21
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Fully Diluted:
Earnings before cumulative effect of
changes in accounting principles $ 9.10 $ -- $ 1.49
Cumulative effect of changes in
accounting principles -- -- 0.64
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Net earnings per common share $ 9.10 $ -- $ 2.13
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NOTE: Primary earnings (loss) per common share amounts were computed by
dividing earnings (loss) after deduction of preferred stock dividends
by the average number of common and dilutive equivalent shares
outstanding. In 1994 and 1992, fully diluted per common share amounts
assume conversion of the convertible preferred stock, the elimination
of the related preferred stock dividend requirement, and the issuance
of common stock for all other potentially dilutive equivalent shares
outstanding. Computations of primary earnings (loss) per common share
exclude the effect of common stock equivalents and shares contingently
issuable for any year in which their inclusion would have the effect of
increasing the earnings per common share amount or decreasing the loss
per common share amount otherwise computed. Fully diluted per common
share amounts are not applicable for loss periods.