EX-99.7 8 k86881exv99w7.htm CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS exv99w7
 

Exhibit 99.7

Ford Motor Company and Subsidiaries
CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS
For the Periods Ended June 30, 2004 and 2003
(in millions)

                 
    First Half
    2004
  2003
    (unaudited)
Cash and cash equivalents at January 1
  $ 21,770     $ 12,221  
 
Cash flows from operating activities before securities trading
    13,442       14,144  
Net sales/(purchases) of trading securities
    (423 )     (370 )
 
   
 
     
 
 
Net cash flows from operating activities
    13,019       13,774  
 
Cash flows from investing activities
               
Capital expenditures
    (2,790 )     (3,533 )
Acquisitions of receivables and lease investments
    (33,037 )     (28,920 )
Collections of receivables and lease investments
    23,156       18,800  
Net acquisitions of daily rental vehicles
    (2,902 )     (1,545 )
Purchases of securities
    (6,026 )     (4,574 )
Sales and maturities of securities
    5,703       2,469  
Proceeds from sales of receivables and lease investments
    5,370       13,573  
Proceeds from sale of businesses
    125       281  
Repayment of debt from discontinued operations
          1,421  
Cash paid for acquisitions
    (30 )      
Other
    67       451  
 
   
 
     
 
 
Net cash (used in)/provided by investing activities
    (10,364 )     (1,577 )
 
Cash flows from financing activities
               
Cash dividends
    (366 )     (366 )
Net sales/(purchases) of Common Stock
    (101 )     (3 )
Changes in short-term debt
    8,412       (2,453 )
Proceeds from issuance of other debt
    7,831       8,545  
Principal payments on other debt
    (24,401 )     (12,943 )
Other
    (7 )     43  
 
   
 
     
 
 
Net cash (used in)/provided by financing activities
    (8,632 )     (7,177 )
 
Effect of exchange rate changes on cash
    (145 )     415  
 
   
 
     
 
 
Net increase/(decrease) in cash and cash equivalents
    (6,122 )     5,435  
 
   
 
     
 
 
Cash and cash equivalents at June 30
  $ 15,648     $ 17,656