EX-99.7 9 k80087exv99w7.htm EX-99.7 CONDENSED CONSOLID. STATMT. OF CASH FLOWS EX-99.7 Condensed Consolid. Statmt. of Cash Flows
 

Exhibit 99.7

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

                     
        Nine Months  
       
 
        2003     2002  
       
   
 
        (unaudited)  
Cash and cash equivalents at January 1
  $ 12,250     $ 7,197  
 
Cash flows from operating activities before securities trading
    18,193       22,334  
Net sales/(purchases) of trading securities
    1,350       (4,751 )
 
 
   
 
   
Net cash flows from operating activities
    19,543       17,583  
Cash flows from investing activities
               
 
Capital expenditures
    (5,839 )     (5,084 )
 
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
    (7,846 )     (1,883 )
 
Sales and maturities of securities
    4,725       1,622  
 
Proceeds from sales of receivables and lease investments
    15,781       28,237  
 
Proceeds from sale of businesses
    281        
 
Repayment of debt from discontinued operations
    1,421        
 
Cash paid for acquisitions
          (22 )
 
Cash recognized on consolidation of joint ventures
    256        
 
Other
    716       618  
 
 
   
 
   
Net cash (used in)/provided by investing activities
    (376 )     (427 )
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
    3,226       (13,455 )
 
Proceeds from issuance of other debt
    17,221       14,272  
 
Principal payments on other debt
    (23,862 )     (13,929 )
 
Other
    3       40  
 
 
   
 
   
Net cash (used in)/provided by financing activities
    (4,004 )     (8,531 )
Effect of exchange rate changes on cash
    474       193  
 
 
   
 
   
Net increase/(decrease) in cash and cash equivalents
    15,637       8,818  
 
 
   
 
Cash and cash equivalents at September 30
  $ 27,887     $ 16,015