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EXHIBIT 11
SIRROM CAPITAL CORPORATION
Per share data
For the quarter ending March 31, 1996
Net asset value, beginning of period $9.61
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Net operating income $0.28
Net realized and unrealized gains and
losses on investments $0.64
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Total from investments operations $0.92
Less: Dividend on net investment income $0.26
Distribution on realized capital gains $0.00
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Total distributions $0.26
Net asset value, end of period $10.27
Per share market value, end of period $22.88
Shares outstanding, end of period 9,195,116
Ratios/Supplemental Data: December 31, March 31, March 31,
1995 1995 1996
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Net assets, end of period (in thousands) $88,346 $61,628 $94,406
Ratio of operating expenses to average
net assets (1) 12.60% 2.58% 13.9%(2)
Ratio of net operating income to average
net assets 13.20% 3.73% 11.3%(2)
(1) Operating expenses include overhead expenses, amortization expense, state
income taxes, and interest expense.
(2) Represents annualized ratios based on the three months ended March 31, 1996