EXHIBIT 11-A
COMPUTATION OF PRO FORMA COMBINED
EARNINGS (LOSS) PER SHARE
BASIC PRO FORMA COMBINED EARNINGS (LOSS) PER SHARE:
POOLING
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JUNE 30, DECEMBER 31,
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1998 1997 1997 1996 1995
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CHRYLSER
Weighted average common shares outstanding..... 646.2 688.3 675.5 730.3 748.4
Shares offered in offering..................... 30.0 24.7 24.7 -- --
Stock options, net............................. 10.4 6.7 6.8 7.4 7.1
Conversion of preferred stock.................. 0.7 1.7 1.3 4.4 34.7
Conversion of other contingently issuable
shares....................................... 2.3 1.6 1.7 1.7 1.5
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689.6 723.0 710.0 743.8 791.7
Conversion ratio............................... 0.6235 0.6235 0.6235 0.6235 0.6235
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Pro forma weighted average common shares
outstanding.................................. 430.0 450.8 442.7 463.8 493.6
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DAIMLER-BENZ
Weighted average Ordinary Shares/ADS
outstanding.................................. 517.7 515.4 515.7 513.9 513.0
Ordinary share rights adjustment factor........ 1.019 1.019 1.019 1.019 1.019
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Pro forma weighted average Ordinary Shares/ADS
outstanding.................................. 527.5 525.2 525.5 523.7 522.7
Conversion ratio............................... 1.005 1.005 1.005 1.005 1.005
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530.1 527.8 528.1 526.3 525.4
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Basic pro forma combined weighted average
shares outstanding........................... 960.1 978.6 970.8 990.1 1,019.0
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Pro forma combined net earnings (loss)......... DM5,721 DM3,542 DM12,906 DM8,359 DM(2,689)
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Basic pro forma combined earnings (loss) per
share........................................ DM5.96 DM3.62 DM13.29 DM8.44 DM(2.64)
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COMPUTATION OF PRO FORMA COMBINED
EARNINGS (LOSS) PER SHARE
BASIC PRO FORMA COMBINED EARNINGS (LOSS) PER SHARE: (CONTINUED)
POOLING
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JUNE 30, DECEMBER 31,
------------------------ --------------------------------------
1998 1997 1997 1996 1995
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Diluted pro forma combined earnings (loss) per
share:
Chrysler pro forma weighted average shares
outstanding.................................. 430.0 450.8 442.7 463.8 493.6
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Daimler-Benz weighted average Ordinary
shares/ADS outstanding....................... 517.7 515.4 515.7 513.9 513.0
Dilutive conertible bonds and notes............ 24.4 8.6 12.5 4.0 --
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542.1 524.0 538.2 517.9 522.7
Ordinary Share rights adjustment factor........ 1.019 1.019 1.019 1.019 1.019
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552.4 534.0 538.2 527.7 522.7
Conversion ratio............................... 1,005 1,005 1,005 1,005 1,005
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555.2 536.7 540.9 530.4 525.4
Diluted pro forma combined weighted average
shares outstanding........................... 985.2 987.5 983.6 994.2 1,019.0
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Pro forma combined net earnings (loss)......... DM5,721 DM3,542 DM12,906 DM8,359 DM(2,689)
Interest expense on convertible bonds and
notes........................................ 24 14 38 7 --
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DM5,745 DM3,556 DM12,944 DM8,366 DM(2,689)
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Diluted pro forma combined earnings (loss) per
share........................................ DM5.83 DM3.60 DM13.16 DM8.41 DM(2.64)
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