EX-99.6 8 k82214exv99w6.htm EX-99.6 CONDENSED SECTOR STATEMENT OF CASH FLOWS exv99w6
 

Exhibit 99.6

Ford Motor Company and Subsidiaries
CONDENSED SECTOR STATEMENT OF CASH FLOWS
For the Periods Ended December 31, 2003 and 2002
(in millions)

                                     
        Full Year 2003     Full Year 2002  
       
   
 
                Financial             Financial  
        Automotive     Services     Automotive     Services  
       
   
   
   
 
        (unaudited)                  
Cash and cash equivalents at January 1
  $ 5,157     $ 7,064     $ 4,053     $ 3,131  
                           
Cash flows from operating activities before securities trading
    1,336       17,052       9,479       15,261  
Net sales/(purchases) of trading securities
    1,282       525       (6,206 )     (23 )
 
 
   
   
   
 
   
Net cash flows from operating activities
    2,618       17,577       3,273       15,238  
Cash flows from investing activities
                               
 
Capital expenditures
    (7,370 )     (379 )     (6,774 )     (502 )
 
Acquisitions of receivables and lease investments
          (62,980 )           (81,690 )
 
Collections of receivables and lease investments
          42,727             45,767  
 
Net acquisitions of daily rental vehicles
          (1,505 )           (1,846 )
 
Purchases of securities
    (8,925 )     (1,149 )     (3,446 )     (609 )
 
Sales and maturities of securities
    8,673       709       3,445       479  
 
Proceeds from sales of receivables and lease investments
          21,145             41,289  
 
Proceeds from sale of businesses
    77       204       257        
 
Repayment of debt from discontinued operations
          1,421              
 
Net investing activity with Financial Services
    3,708             1,053        
 
Cash paid for acquisitions
                (289 )      
 
Cash recognized on initial consolidation of joint ventures
    256                    
 
Other
    716       55             407  
 
 
   
   
   
 
   
Net cash (used in)/provided by investing activities
    (2,865 )     248       (5,754 )     3,295  
Cash flows from financing activities
                               
 
Cash dividends
    (733 )           (743 )      
 
Net sales/(purchases) of Common Stock
    9             287        
 
Proceeds from mandatorily redeemable convertible preferred securities
                4,900        
 
Preferred Stock — Series B redemption
                (177 )      
 
Changes in short-term debt
    (237 )     1,542       (31 )     (14,140 )
 
Proceeds from issuance of other debt
    1,144       21,942       318       15,524  
 
Principal payments on other debt
    (1,097 )     (27,683 )     (859 )     (15,760 )
 
Net financing activity with Automotive
          (3,708 )           (1,053 )
 
Other
    (15 )     (4 )     (23 )     369  
 
 
   
   
   
 
   
Net cash (used in)/provided by financing activities
    (929 )     (7,911 )     3,672       (15,060 )
Effect of exchange rate changes on cash
    260       551       37       336  
Net transactions with Automotive/Financial Services
    1,186       (1,186 )     (124 )     124  
 
 
   
   
   
 
   
Net increase/(decrease) in cash and cash equivalents
    270       9,279       1,104       3,933  
 
 
   
   
   
 
Cash and cash equivalents at December 31
  $ 5,427     $ 16,343     $ 5,157     $ 7,064