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EXHIBIT 11
CHRYSLER CORPORATION AND CONSOLIDATED SUBSIDIARIES
EARNINGS PER COMMON SHARE DATA
APB OPINION NO. 15 CALCULATION
PERIOD ENDED JUNE 30,
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THREE MONTHS
ENDED SIX MONTHS ENDED
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1996 1995 1996 1995
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(IN MILLIONS OF DOLLARS AND SHARES)
PRIMARY:
Net earnings............................................ $1,037 $ 135 $2,042 $ 631
Preferred stock dividend................................ (1) (3) (2) (17)
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Earnings attributable to common stock................... $1,036 $ 132 $2,040 $ 614
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Weighted average shares outstanding..................... 738.7 750.2 745.6 734.0
Shares issued on exercise of dilutive options........... 22.4 12.4 24.1 12.9
Shares purchased with proceeds of options............... (14.4) (6.1) (16.2) (6.4)
Shares contingently issuable............................ 1.0 1.0 0.9 0.8
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Shares applicable to primary earnings................... 747.7 757.5 754.4 741.3
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FULLY DILUTED:
Net earnings............................................ $1,037 $ 135 $2,042 $ 631
Preferred stock dividend................................ -- (3) -- --
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Earnings attributable to common stock................... $1,037 $ 132 $2,042 $ 631
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Weighted average shares outstanding..................... 738.7 750.2 745.6 734.0
Shares issued on exercise of dilutive options........... 22.4 24.2 24.1 18.8
Shares purchased with proceeds of options............... (14.4) (17.2) (15.6) (12.0)
Shares applicable to convertible preferred stock........ 4.5 21.4 5.8 59.4
Shares contingently issuable............................ 1.8 1.7 1.7 1.3
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Shares applicable to fully diluted earnings............. 753.0 780.3 761.6 801.5
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PER COMMON SHARE DATA: (In dollars)
Primary:
Earnings before cumulative effect of a change in
accounting principle............................... $ 1.39 $ 0.17 $ 2.70 $ 0.96
Cumulative effect of a change in accounting
principle.......................................... -- -- -- (0.13)
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Net earnings per common share......................... $ 1.39 $ 0.17 $ 2.70 $ 0.83
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Fully Diluted:
Earnings before cumulative effect of a change in
accounting principle............................... $ 1.38 $ 0.17 $ 2.68 $ 0.91
Cumulative effect of a change in accounting
principle.......................................... -- -- -- (0.12)
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Net earnings per common share......................... $ 1.38 $ 0.17 $ 2.68 $ 0.79
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NOTE: Primary earnings per common share amounts were computed by dividing
earnings after deduction of preferred stock dividends by the average number of
common and dilutive equivalent shares outstanding. Computations of primary
earnings per common share exclude the effect of common stock equivalents and
shares contingently issuable for any period in which their inclusion would have
the effect of increasing the earnings per common share amount otherwise
computed. 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 equivalents outstanding, unless such conversion has the effect of
increasing the earnings per common share amount otherwise computed. All per
share data has been adjusted to reflect the two-for-one stock split.