EX-99.6 8 k80087exv99w6.htm EX-99.6 CONDENSED SECTOR STATEMENT OF CASH FLOWS EX-99.6 Condensed Sector Statement of Cash Flows
 

Exhibit 99.6

Ford Motor Company and Subsidiaries
CONDENSED SECTOR STATEMENT OF CASH FLOWS
For the Periods Ended September 30, 2003 and 2002
(in millions)

                                     
        Nine Months 2003     Nine Months 2002  
       
   
 
                Financial             Financial  
        Automotive     Services     Automotive     Services  
       
   
   
   
 
            (unaudited)         (unaudited)  
Cash and cash equivalents at January 1
   $ 5,180     $ 7,070     $ 4,064     $ 3,133  
 
Cash flows from operating activities before securities trading
     4,875       13,318       10,877       11,457  
Net sales/(purchases) of trading securities
     1,516       (166 )     (4,698 )     (53 )
 
  
   
   
   
 
   
Net cash flows from operating activities
     6,391       13,152       6,179       11,404  
Cash flows from investing activities
                                
 
Capital expenditures
     (5,568 )     (271 )     (4,632 )     (452 )
 
Acquisitions of receivables and lease investments
     —       (42,305 )     —       (60,461 )
 
Collections of receivables and lease investments
     —       33,921       —       38,204  
 
Net acquisitions of daily rental vehicles
     —       (1,487 )     —       (1,658 )
 
Purchases of securities
     (7,356 )     (490 )     (1,460 )     (423 )
 
Sales and maturities of securities
     4,136       589       1,232       390  
 
Proceeds from sales of receivables and lease investments
     —       15,781       —       28,237  
 
Proceeds from sale of businesses
     77       204       —       —  
 
Repayment of debt from discontinued operations
     —       1,421       —       —  
 
Net investing activity with Financial Services
     2,975       —       409       —  
 
Cash paid for acquisitions
     —       —       (22 )     —  
 
Cash recognized on consolidation of joint ventures
     256       —       —       —  
 
Other
     696       20       (72 )     690  
 
  
   
   
   
 
   
Net cash (used in)/provided by investing activities
     (4,784 )     7,383       (4,545 )     4,527  
Cash flows from financing activities
                                
 
Cash dividends
     (549 )     —       (555 )     —  
 
Net sales/(purchases) of Common Stock
     (43 )     —       196       —  
 
Proceeds from mandatorily redeemable convertible preferred securities
     —       —       4,900       —  
 
Changes in short-term debt
     (179 )     3,405       (123 )     (13,332 )
 
Proceeds from issuance of other debt
     883       16,338       281       13,991  
 
Principal payments on other debt
     (689 )     (23,173 )     (736 )     (13,193 )
 
Net financing activity with Automotive
     —       (2,975 )     —       (409 )
 
Other
     (6 )     9       (20 )     60  
 
  
   
   
   
 
   
Net cash (used in)/provided by financing activities
     (583 )     (6,396 )     3,943       (12,883 )
Effect of exchange rate changes on cash
     188       286       (14 )     207  
Net transactions with Automotive/Financial Services
     425       (425 )     (966 )     966  
 
  
   
   
   
 
   
Net increase/(decrease) in cash and cash equivalents
     1,637       14,000       4,597       4,221  
 
  
   
   
   
 
Cash and cash equivalents at September 30
   $ 6,817     $ 21,070     $ 8,661     $ 7,354