11-K 1 ssip01.txt SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 11-K (Mark One) ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE __X__ SECURITIES EXCHANGE ACT OF 1934 [NO FEE REQUIRED] For the fiscal year ended December 30, 2000 OR TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE _____ SECURITIES EXCHANGE ACT OF 1934 [NO FEE REQUIRED] For the transition period from ________________ to ________________ Commission file number 1-3950 FORD MOTOR COMPANY SAVINGS AND STOCK INVESTMENT PLAN FOR SALARIED EMPLOYEES (Full title of the plan) FORD MOTOR COMPANY One American Road Dearborn, Michigan 48126 (Name of issuer of the securities held pursuant to the plan and the address of its principal executive office) 2 Required Information -------------------- Financial Statements and Schedules ---------------------------------- Statement of Net Assets Available for Plan Benefits, as of December 30, 2000 and December 30, 1999. Statement of Changes in Net Assets Available for Plan Benefits for the year ended December 30, 2000. Schedule I - Schedule of Assets Held for Investment Purposes as of December 30, 2000. Schedule II - Reportable Transactions for the year ended December 30, 2000. Exhibit ------- Designation Description Method of Filing ----------- ----------- ---------------- Exhibit 23 Consent of PricewaterhouseCoopers LLP Filed with this Report. Signature --------- Pursuant to the requirements of the Securities Exchange Act of 1934, the Ford Motor Company Savings and Stock Investment Plan for Salaried Employees Committee has duly caused this Annual Report to be signed by the undersigned thereunto duly authorized. SAVINGS AND STOCK INVESTMENT PLAN FOR SALARIED EMPLOYEES By: /s/Molly Scott ---------------------------------- Molly Scott, Member Savings and Stock Investment Plan for Salaried Employees Committee June 18, 2001 3 EXHIBIT INDEX -------------- Sequential Page Number Designation Description at Which Found ----------- ----------- -------------- Exhibit 23 Consent of PricewaterhouseCoopers LLP Ford Motor Company Savings and Stock Investment Plan for Salaried Employees Report on Audits of Financial Statements and Supplemental Schedules For the Years Ended December 30, 2000 and 1999
Ford Motor Company Savings and Stock Investment Plan for Salaried Employees Contents ------------------------------------------------------------------------------- Page(s) Report of Independent Accountants........................................................1 Financial Statements Statement of Net Assets Available for Plan Benefits as of December 30, 2000 and 1999..............................................................2 Statement of Changes in Net Assets Available for Plan Benefits for the Year Ended December 30, 2000...........................................3 Notes to Financial Statements.........................................................4-10 Additional Information Schedule I - Schedule of Assets Held for Investment Purposes as of December 30, 2000...................................................................11-12 Schedule II - Reportable Transactions for the Year Ended December 30, 2000..............13
Report of Independent Accountants To the Board of Directors of Ford Motor Company In our opinion, the accompanying statements of net assets available for benefits and the related statements of changes in net assets available for benefits present fairly, in all material respects, the net assets available for benefits of Ford Motor Company Savings and Stock Investment Plan (the "Plan") at December 30, 2000 and 1999, and the changes in net assets available for benefits for the year ended December 30, 2000, in conformity with accounting principles generally accepted in the United States of America. These financial statements are the responsibility of the Plan's management; our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits of these statements in accordance with auditing standards generally accepted in the United States of America, which require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion. Our audits were conducted for the purpose of forming an opinion on the basic financial statements taken as a whole. The supplemental schedules of Assets Held for Investment Purposes and Reportable Transactions are presented for the purpose of additional analysis and are not a required part of the basic financial statements but are supplementary information required by the Department of Labor's Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. These supplemental schedules are the responsibility of the Plan's management. The supplemental schedules have been subjected to the auditing procedures applied in the audits of the basic financial statements and, in our opinion, are fairly stated in all material respects in relation to the basic financial statements taken as a whole. June 4, 2001 1
Ford Motor Company Savings and Stock Investment Plan for Salaried Employees Statement of Net Assets Available for Plan Benefits As of December 30, 2000 and 1999 ------------------------------------------------------------------------------- 2000 1999 Assets Investments, at fair value $12,925,071,754 $15,434,400,096 Loan funds receivable 127,427,611 143,204,943 --------------- --------------- Total assets $13,052,499,365 $15,577,605,039 --------------- --------------- Liabilities Employee stock ownership plan, loan payable $ 298,894,713 $ 505,649,084 Employee stock ownership plan, interest payable $ 1,744,735 1,282,101 --------------- --------------- Total liabilities $ 300,639,448 $ 506,931,185 --------------- --------------- Net assets available for plan benefits $12,751,859,917 $15,070,673,854 --------------- ---------------
The accompanying notes are an integral part of the financial statements. 2
Statement of Changes in Net Assets Available for Plan Benefits For the Year Ended December 30, 2000 ------------------------------------------------------------------------------- Nonparticipant- Directed Fund ------------- Ford Stock Participant- Fund Directed Funds Total Additions Additions to net assets attributed to Interest and dividend income $ 731,724,942 $ 381,177,391 $ 1,112,902,333 --------------- --------------- --------------- $ 731,724,942 $ 381,177,391 $ 1,112,902,333 Contributions Employee contributions 143,389,271 214,796,627 358,185,898 Company contributions on behalf of employees 3,402,098 13,058,136 16,460,234 Company matching 155,526,988 1,170,926 156,697,914 --------------- --------------- ---------------- 302,318,357 229,025,689 531,344,046 Other additions Loan repayment (principal) 30,751,396 (30,751,396) - Loan repayment (interest) 5,238,821 5,290,829 10,529,650 Transfers in from other plan 11,246 401,661 412,907 --------------- --------------- ---------------- 36,001,463 (25,058,906) 10,942,557 Total additions 1,070,044,762 585,144,174 1,655,188,936 Deductions Deductions from net assets attributed to Net depreciation in fair value of investments $(1,862,082,375) $ (715,381,504) $ (2,577,463,879) Withdrawal of participants' accounts (317,332,995) (537,366,187) (854,699,182) Net transfers between funds (230,965,689) 230,965,689 - Loan funds transferred (out) in (24,301,488) 23,899,825 (401,663) Administrative expense - (2,318,308) (2,318,308) Interest expense (27,375,289) - (27,375,289) Transfer out to other plans (262,867,358) (248,877,194) (511,744,552) --------------- -------------- ---------------- Total deductions (2,724,925,194) (1,249,077,679) (3,974,002,873) --------------- -------------- ---------------- Net decrease (1,654,880,432) (663,933,505) (2,318,813,937) --------------- -------------- ---------------- Net assets available for benefits Begining of year 7,969,359,481 7,101,314,373 15,070,673,854 --------------- --------------- ---------------- End of year $ 6,314,479,049 $ 6,437,380,868 $ 12,751,859,917 --------------- --------------- ----------------
The accompanying notes are an integral part of the financial statements. 3 Ford Motor Company Savings and Stock Investment Plan for Salaried Employees Notes to Financial Statements ------------------------------------------------------------------------------- 1. Description of the Plan The following description of the Ford Motor Company Savings and Stock Investment Plan for Salaried Employees (the "Plan") provides only general information. The Plan was established effective February 1, 1956. The provisions of the Plan are governed in all respects by the detailed terms and conditions contained in the plan agreement. Participants should refer to the plan agreement for a complete description of the Plan's provisions. Type and purpose of the plan The Plan is a defined contribution plan established to encourage and facilitate systematic savings and investment by eligible salaried employees of Ford Motor Company (the "Company") and to provide them with an opportunity to become stockholders of the Company. The Plan includes provisions for voting shares of Company stock. It is subject to certain provisions of the Employee Retirement Income Security Act of 1974 ("ERISA") applicable to defined contribution pension plans. Eligibility With certain exceptions, regular full-time salaried employees are eligible to participate in the Plan twelve months after their original date of hire. Certain other part-time and temporary employees also may be eligible to participate in the Plan. Participation in the Plan is voluntary. Contributions The Plan has both a Pre-Tax Program and an After-Tax Program. Under the Plan and subject to limits required to be imposed by the Internal Revenue Code, participants may elect a reduction in their pre-tax base salary up to 15%. Participants may also elect reductions in their distributions under the Company's Performance Bonus Plan and Flexible Compensation Account program. A contribution in an amount corresponding to each reduction is made by the Company on their behalf to the Plan. Such contributions are excluded from the participants' taxable income and are classified as Company contributions on behalf of employees. Subject to limitations imposed by the Internal Revenue Code, participants may also contribute up to 10% of their base monthly salaries to the Plan on an after-tax basis. These after-tax contributions are classified as employee contributions. The investment programs are the same for all savings contributions. The Company matches at the rate of $.60 for each dollar of contributions up to 10% of participants' base salaries. All Company matching contributions are invested in the Ford Stock Fund. Contributions to the Pre-Tax Program from the Performance Bonus Plan and Flexible Compensation Account Program are not eligible for the Company match. Participant accounts Each participant's account is credited with the participant's contributions and allocations of (a) the Company's contribution and (b) plan earnings. Allocations are based on participant earnings or account balances, as defined. Plan administrative expenses are paid by the Company and not charged to participants' accounts. Per the plan agreement, certain fund options charge redemption fees on transfers of funds which are paid by the participants. These redemption fees are charged to the individual participant account fund assets. The fees totaled approximately $386,000 and $173,000 for the years ended December 31, 2000 and 1999, respectively. The benefit to which a participant is entitled is the benefit that can be provided from the participant's vested account. 4 Ford Motor Company Savings and Stock Investment Plan for Salaried Employees Notes to Financial Statements ------------------------------------------------------------------------------- 1. Description of the Plan (continued) Vesting and distributions Pre-Tax Program assets, After-Tax Program assets and assets resulting from Company matching contributions (Ford Stock Fund) are accounted for separately. Company matching contributions vest five years after the original date of hire. At that time, all assets attributable to Company matching contributions held in participants' accounts become vested, and all future contributions vest when they are made. Pre-Tax Program assets may not be withdrawn by participants until the termination of their employment or until they reach age 59-1/2, except in the case of personal financial hardship. Investment options and participation Participant contributions are invested in accordance with the participant's election in one or more of several investment options. The types of investment options, and the number of participants in each option at December 30, 2000, are as follows: Participants Ford Stock Fund 64,765 Interest Income Fund 29,658 Common Stock Fund 17,223 Other 169,624 The Ford Stock Fund is an investment in Ford common stock with a portion of the Fund's assets being invested in short-term investments. The Interest Income Fund is a broadly diversified, stable value investment fund. The Interest Income Fund invests in a diversified portfolio of fixed income securities, including investment contracts with insurance companies and other organizations. During 2000 and 1999, the Plan entered into five benefit-responsive investment contracts with various companies. The contracts are included in the financial statements at their contract values as reported to the Plan by the companies. There is no immediate recognition of investment gains and losses on the fixed income securities. Instead, the gain or loss is recognized over time by adjusting the interest rate credited to the fund under the contracts. There were no reserves against contract value for credit risk of the contract issuer or otherwise during 2000 or 1999. The average yield and crediting interest rates were approximately 6.16% for 2000 and 5.73% for 1999. The crediting interest rate is based on a formula agreed upon with the issuer, but may not be less than 0%. Such interest rates are reviewed on an annual basis for resetting. The Common Stock Fund is a broadly diversified, passively managed equity fund administered by Comerica Bank. Fund assets are invested in stocks through a series of Comerica Bank commingled pools. Details of investments held as of December 30, 2000 are set forth in Schedule I - Schedule of Assets Held for Investment Purposes. 5 Ford Motor Company Savings and Stock Investment Plan for Salaried Employees Notes to Financial Statements ------------------------------------------------------------------------------- 1. Description of the Plan (continued) Transfer of assets The Plan permits the transfer of assets among investment options, with certain restrictions related to transfers from the Stable Value Income Fund. Loans The Plan permits loans to participants from both their Pre-Tax and After-Tax Program accounts with certain restrictions related to loans from the Stable Value Income Fund. Monthly loan interest rates are based on the prime rate published in The Wall Street Journal. Forfeitures and plan administration expenses The Plan permits the Company to use assets forfeited by participants to pay plan administrative expenses and, to the extent not used to pay such expenses, to reduce the Company's future contributions to the Plan. To the extent that forfeited assets are not available to pay certain administrative expenses, the Company pays such expenses directly. Plan administration expenses amounted to approximately $1,933,000 and $1,960,000 for the years ended December 30, 2000 and 1999, respectively, of which approximately $1,371,000 and $1,430,000, respectively, was paid with participant forfeitures. Employee stock ownership plan The Plan operates, in part, as a leveraged employee stock ownership plan (ESOP) and is designed to comply with Section 4975 (e) (7) and the regulations thereunder of the Internal Revenue Code of 1986, as amended (Code) and is subject to the applicable provisions of the Employee Retirement Income Security Act of 1974, as amended (ERISA). The Plan purchased Company common shares using the proceeds of loans from the Company and held the shares in an ESOP trust account established under the Plan. The borrowings are to be repaid quarterly over the period ended December 3, 2001. As the Plan makes each payment of principal, an appropriate percentage of stock will be allocated to eligible employee accounts. The shares vest fully upon allocation. The borrowings are collateralized by the unallocated shares of stock. 2. Summary of Significant Accounting Policies Basis of accounting The financial statements of the Plan are prepared under the accrual method of accounting. Investments The investment in the Ford Stock Fund and the investments in all other funds except the Stable Value Income Fund are valued on the basis of established year-end market prices. Investments in the Stable Value Income Fund, primarily fixed rate insurance contracts, are stated at contract value, which approximates fair value. Contributions Contributions to the Plan from employees and from the Company and participating subsidiaries (as defined in the Plan) are recorded in the period that payroll deductions are made from plan participants. 6 Ford Motor Company Savings and Stock Investment Plan for Salaried Employees Notes to Financial Statements ------------------------------------------------------------------------------- 2. Summary of Significant Accounting Policies (continued) Payment of benefits Benefits are recorded when paid. Use of estimates in the preparation of financial statements The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of additions and deductions during the reporting period. Actual results could differ from those estimates. Risks and uncertainties The Plan's invested assets ultimately consist of stocks, bonds, fixed income securities, and other investment securities. Investment securities are exposed to various risks, such as interest rate, market and credit. Due to the level of risk associated with certain investment securities and the level of uncertainty related to changes in the value of investment securities, it is at least reasonably possible that changes in risks in the near term would materially affect participants' account balances and the amounts reported in the statement of net assets available for plan benefits and the statement of changes in net assets available for plan benefits. Other Purchases and sales of investments are reflected on a trade-date basis. Realized gains and losses on sales of investments are determined using specific identification. Dividend income is recorded on the ex-dividend date. Income from other investments is recorded as earned on an accrual basis. 3. Investments The following present investments that represent 5% or more of the Plan's net assets: 2000 1999 Interest Income Fund $1,676,659,606 $1,872,912,595 Ford Stock Fund 6,314,479,062 7,969,359,481 Common Stock Fund 1,166,378,566 1,430,806,664 The Plan presents in the statement of changes in net assets available for Plan benefits the net appreciation (depreciation) in the fair value of its investments which consists of the Plan's realized gains or losses and the unrealized appreciation (depreciation) on those investments. During 2000, the Plan's investments depreciated in value by $2,577,463,879 as follows: Mutal Funds $ 797,800,949 Common stock 1,625,582,857 Common and comingled trust fund 154,080,073 -------------- $2,577,463,879 -------------- 7 Ford Motor Company Savings and Stock Investment Plan for Salaried Employees Notes to Financial Statements ------------------------------------------------------------------------------- 4. Plan Amendment During 1999, the Plan was amended to reduce the participation waiting period from twelve months after the original date of hire to the first day of the second month following the date of hire, effective January 1, 2000. The Company matching contributions, however, will continue to be provided after twelve months of service. The Plan was also amended to permit participants to contribute up to 25% of salary on either or both a pre-tax or after-tax basis, effective April 1, 2000. 5. Employee Stock Ownership Plan Effective January 1, 1989, the Company, by action of the Board of Directors, established within the Plan an ESOP. All shares of Company stock in the Plan at any time, including all shares allocated to participants' accounts and shares held in an ESOP suspense account, and forfeited shares are included in the ESOP, along with other assets attributable to post-1988 contributions to the Plan. The Plan obtained loans from the Company to purchase shares of company stock for quarterly allocation. The following summarizes the loans taken out by the Plan:
Original Total Number of Date of principle Interest quarterly quarterly first Date of loan balance rate payments payments payment 6/7/00 $ 54,700,000 6.52% $ 55,333,061 1 8/10/00 6/28/00 221,200,000 6.54% 5,489,358 7 8/10/00 8/31/00 407,490,000 7.04% 72,592,927 6 9/1/00 12/17/99 505,649,084 6.52% 67,817,343 8 03/01/00 11/25/98 26,403,776 5.00% 5,418,883 5 12/01/98 08/27/98 107,797,613 5.72% 18,629,451 6 09/01/98 12/30/97 293,053,220 8.50% 39,999,202 8 03/02/98
All loans were either paid off or matured prior to December 31, 2000, except the June 28, 2000 and August 31, 2000 loans which both mature December 3, 2001. The Company shares are held in a suspense account within the Plan until quarterly loan payments are made. A percentage of shares equivalent to the percentage of principal and interest paid down by the quarterly payment are released for distribution when each quarterly dividend payment is made. The trustee purchases additional shares to the extent that shares released from the suspense account are not adequate to satisfy the requirement for dividend shares allocated to participants' accounts. As of December 30, 2000 and 1999, the share activity is as follows:
2000 1999 Allocated Unallocated Allocated Unallocated Ford Motor Company common shares Number of shares 27,842,832 11,700,442 5,338,419 2,709,700 Cost $ 961,755,288 $ 278,510,030 $ 246,807,955 $ 140,385,247
8 Ford Motor Company Savings and Stock Investment Plan for Salaried Employees Notes to Financial Statements ------------------------------------------------------------------------------- 5. Employee Stock Ownership Plan (continued) Cash dividends earned on Company stock held in the Plan generally are used to make quarterly loan payments. If cash is not available to make the full payment, the trustee may sell shares held in the suspense account or the Company, at its option, may elect to make additional contributions to the Plan. If cash exceeds the loan payment amounts, the cash is used to reduce the Company's contribution for additional share requirements. The following highlights certain ESOP activity: 2000 loan activity Shares purchased with loan cash 39,543,274 Cost of shares purchased with loan cash $ 1,240,265,318 Loan principal paid 890,144,371 Loan interest paid 26,495,157 6. Tax Status The Internal Revenue Service ("IRS") has determined and informed the Company by letter dated December 13, 1995, that the Plan and the related trust are designed in accordance with applicable sections of the Internal Revenue Code (the "Code"). The Plan has since been amended, however, the Plan sponsor has applied for an updated IRS letter. The Plan is currently designed and being operated in compliance with the Code. Therefore, no provision for income taxes has been included in the Plan's financial statements. 7. Plan Termination The Company, by action of the Board of Directors, may terminate the Plan at any time. Termination of the Plan would not affect the rights of a participant as to (a) the continuance of investment, distribution or withdrawal of the securities, cash and cash value of the Ford Stock Fund units in the account of the participant as of the effective date of such termination, or (b) continuance of vesting of such securities and cash attributable to Company matching contributions or earnings thereon. There are currently no plans to terminate the Plan. 8. Other To conform the financial statements to the accrual basis of accounting, the plan administrator made adjustments resulting in differences between the data shown on page 2 of this report and the 1999 Form 5500 filed with the Department of Labor. On August 7, 2000, the Company announced the final results of its recapitalization, known as the Value Enhancement Plan ("VEP"). Under the VEP, Ford shareholders exchanged each of their old Ford Common or Class B shares for one new Ford Common or Class B share, as the case may be, plus at their election, either $20 in cash, 0.748 additional new Ford Common shares, or a combination of $5.17 in cash and 0.555 additional new Ford Common shares. As a result of the elections made by shareholders under the VEP, the total cash elected was $5.7 billion and the total number of new Ford Common and Class B shares that became issued and outstanding was 1.893 billion. 9 Ford Motor Company Savings and Stock Investment Plan for Salaried Employees Notes to Financial Statements ------------------------------------------------------------------------------- 8. Other (continued) On June 28, 2000, Ford distributed 130 million shares of Visteon Corporation ("Visteon"), which represented its 100% ownership interest, by means of a tax-free spin-off in the form of a dividend on Ford Common and Class B Stock. Holders of Ford Common and Class B Stock on the record date received 0.130933 shares of Visteon common stock for each share of Ford stock, and participants in U.S. employee savings plans on the record date received $1.72 in cash per share of Ford stock, based on the volume-weighted average price of Visteon stock of $13.1326 per share on June 28, 2000. The total value of the distribution (including the $365 million cash dividend) was $2.1 billion, or $1.72 per diluted share of Ford stock. 10
Ford Motor Company Savings and Stock Additional Information Investment Plan for Salaried Employees Schedule I Schedule of Assets Held for Investment Purposes As of December 30, 2000 ----------------------------------------------------------------------------------------------------------------------------------- (a) (b) (c) (d) (e) Description of investment Identity of issuer, including maturity date, lessor, borrower or rate of interest, collateral, similar party par or maturity value Cost** Current value * Fidelity Investments Interest Income Fund, 1,676,659,606 units $ - $ 1,676,659,606 * Fidelity Investments T. Rowe Price Spectrum Growth Fund, 704,189 units 11,069,853 * Fidelity Investments Scudder International Fund, 632,434 units 31,817,733 * Fidelity Investments Vanguard LifeStrategy Conservative Growth Fund, 618,513 units 9,092,142 * Fidelity Investments Domini Social Equity Fund, 42,185 units 1,456,368 * Fidelity Investments T. Rowe Price Spectrum Income Fund, 1,466,702 units 15,796,384 * Fidelity Investments Vanguard LifeStrategy Moderate Growth Fund, 568,535 units 9,801,541 * Fidelity Investments T. Rowe Price New Horizons Funds, 3,780,935 units 90,326,527 * Fidelity Investments Scudder Global Fund, 419,061 units 11,197,307 * Fidelity Investments Vanguard LifeStrategy Growth Fund, 575,770 units 11,279,337 * Fidelity Investments T. Rowe Price International Stock Fund, 2,564,498 units 37,236,508 * Fidelity Investments Scudder Global Discovery Fund, 859,582 units 26,844,756 * Fidelity Investments T. Rowe Price International Discovery Fund, 1,647,530 units 41,929,644 * Fidelity Investments Scudder Income Fund, 400,921 units 5,027,555 * Fidelity Investments T. Rowe Price New Asia Fund, 2,153,429 units 14,858,661 * Fidelity Investments Scudder Growth and Income Fund, 1,039,858 units 25,112,580 * Fidelity Investments Vanguard Growth Index Fund, 5,582,025 units 170,698,328 * Fidelity Investments T. Rowe Price High Yield Fund, 2,952,098 units 20,487,559 * Fidelity Investments Scudder Greater Europe Growth Fund, 1,920,498 units 59,631,456 * Fidelity Investments Vanguard Explorer Fund, 755,754 units 45,413,248 * Fidelity Investments T. Rowe Price New Era Fund, 332,929 units 8,090,170 * Fidelity Investments Scudder Japan Fund, 2,054,275 units 20,522,205 * Fidelity Investments Vanguard International Value Fund, 188,068 units 4,895,400 * Fidelity Investments T. Rowe Price Latin America Fund, 1,096,572 units 10,483,224 * Fidelity Investments Vanguard Value Index Fund, 1,314,307 units 30,058,208 * Fidelity Investments Vanguard Investment Index Plus Fund, 3,208,660 units 387,349,483 * Barclays Global Investors Bond Fund, 3,922,597 units 66,370,333 * Ford Motor Company Ford Stock Fund, 749,938,131 units 6,314,479,062 * Comerica Bank, N. A. Common Stock Fund, 17,274,564 units 1,166,378,566 * Fidelity Investments Fidelity Funds, 2,289,135 units 74,992,073 * Fidelity Investments Fidelity Puritan Fund, 1,508,644 units 28,407,762 * Fidelity Investments Fidelity Trend Fund, 88,458 units 4,989,922 * Fidelity Investments Fidelity Magellan Fund, 2,836,971 units 338,450,658 * Fidelity Investments Fidelity Contrafund, 7,106,628 units 349,432,905 * Fidelity Investments Fidelity Equity-Income Fund, 1,108,012 units 59,201,084 * Fidelity Investments Fidelity Growth Company Fund, 6,098,836 units 435,639,889 * Fidelity Investments Fidelity Investment Grade Bond Fund, 4,257,063 units 30,480,570 * Fidelity Investments Fidelity Growth and Income Portfolio, 5,793,928 units 243,924,385 * Fidelity Investments Fidelity Value Fund, 801,900 units 37,168,069 * Fidelity Investments Fidelity Government Income Fund, 3,103,327 units 30,629,836 * Fidelity Investments Fidelity Retirement Growth Fund, 7,004,475 units 154,168,501
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Ford Motor Company Savings and Stock Additional Information Investment Plan for Salaried Employees Schedule I Schedule of Assets Held for Investment Purposes As of December 30, 2000 ----------------------------------------------------------------------------------------------------------------------------------- (a) (b) (c) (d) (e) Description of investment Identity of issuer, including maturity date, lessor, borrower or rate of interest, collateral, similar party par or maturity value Cost** Current value * Fidelity Investments Fidelity Overseas Fund, 756,535 units 26,002,111 * Fidelity Investments Fidelity Europe Fund, 743,247 units 22,126,476 * Fidelity Investments Fidelity Pacific Basin Fund, 829,619 units 14,344,117 * Fidelity Investments Fidelity Real Estate Investment Portfolio Fund, 1,130,492 units 20,914,102 * Fidelity Investments Fidelity Balanced Fund, 706,112 units 11,546,095 * Fidelity Investments Fidelity International Growth and Income Fund, 377,286 units 8,571,945 * Fidelity Investments Fidelity Capital Appreciation Fund, 1,236,789 units 27,493,811 * Fidelity Investments Fidelity Canada Fund, 435,274 units 9,149,462 * Fidelity Investments Fidelity Utilities Fund, 2,022,105 units 32,535,666 * Fidelity Investments Fidelity Asset Manager, 1,242,276 units 20,895,085 * Fidelity Investments Fidelity Worldwide Fund, 903,163 units 14,116,444 * Fidelity Investments Fidelity Stock Selector, 1,300,846 units 32,313,018 * Fidelity Investments Fidelity Asset Manager Growth, 1,437,411 units 22,869,215 * Fidelity Investments Fidelity Asset Manager Income, 1,069,948 units 12,550,489 * Fidelity Investments Fidelity Dividend Growth Fund, 6,311,357 units 189,088,266 * Fidelity Investments Fidelity New Markets Income Fund, 1,081,934 units 12,323,231 * Fidelity Investments Fidelity Global Balanced Fund, 165,477 units 2,884,257 * Fidelity Investments Fidelity Small Capital Selector Fund, 1,929,546 units 31,316,539 * Fidelity Investments Fidelity International Bond Fund, 184,519 units 1,542,579 * Participant Loans Participant loans, interest rates varying from 6 to 12.5 percent 127,427,611 ------------------ $ 12,751,859,917 ------------------
Note: The current values of each fund are based principally upon the closing prices of the underlying investments as reported in the New York Stock Exchange Transactions listing as of the last trading day of 2000. Current values also include interest and dividends receivable. *Denotes party-in-interest ** Cost for participant directed funds are not required per Department of Labor Reporting 12
Ford Motor Company Savings and Stock Additional Information Investment Plan for Salaried Employees Schedule II Schedule of Reportable Transactions For the Year Ended December 30, 2000 ----------------------------------------------------------------------------------------------------------------------------------- Identity of Description Purchase Selling Lease Expenses Cost of Current value Net gain party involved of asset price price rental incurred asset of asset or (loss) REPORTING Single transaction in CRITERION I excess of five percent of current value of plan assets. None. REPORTING Series of transactions CRITERION II in other than securities in excess of five percent of current value of plan assets. None. REPORTING Series of transactions CRITERION III in securities in excess of five percent of current value of plan assets. None. REPORTING Single transactions with a nonregu- CRITERION IV lated entity in excess of five percent of current value of plan assets. None.
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