EX-99.4 5 k88887exv99w4.htm SECTOR BALANCE SHEET exv99w4
 

Exhibit 99.4

Ford Motor Company and Subsidiaries
SECTOR BALANCE SHEET
(in millions)

                 
    September 30,   December 31,
    2004
  2003
ASSETS   (unaudited)        
Automotive
               
Cash and cash equivalents
  $ 6,713     $ 5,423  
Marketable securities
    10,320       10,749  
Loaned securities
    2,332       5,667  
 
   
 
     
 
 
Total cash, marketable and loaned securities
    19,365       21,839  
Receivables, net
    3,340       2,698  
Inventories
    10,981       9,151  
Deferred income taxes
    3,802       3,225  
Other current assets
    8,146       6,829  
 
   
 
     
 
 
Total current assets
    45,634       43,742  
Equity in net assets of affiliated companies
    1,856       1,930  
Net property
    41,287       41,919  
Deferred income taxes
    11,190       12,090  
Goodwill and other intangible assets
    6,064       6,053  
Assets of discontinued/held-for-sale operations
    114       410  
Other assets
    15,639       14,497  
 
   
 
     
 
 
Total Automotive assets
    121,784       120,641  
           
Financial Services
               
Cash and cash equivalents
    10,703       16,343  
Investments in securities
    1,262       1,123  
Finance receivables, net
    112,011       110,893  
Net investment in operating leases
    31,785       31,859  
Retained interest in sold receivables
    9,473       13,017  
Goodwill and other intangible assets
    950       1,008  
Assets of discontinued/held-for-sale operations
          388  
Other assets
    12,478       17,292  
Receivable from Automotive
    2,246       3,356  
 
   
 
     
 
 
Total Financial Services assets
    180,908       195,279  
 
   
 
     
 
 
Total assets
  $ 302,692     $ 315,920  
 
   
 
     
 
 
LIABILITIES AND STOCKHOLDERS’ EQUITY
               
Automotive
               
Trade payables
  $ 16,751     $ 15,279  
Other payables
    3,349       2,940  
Accrued liabilities
    34,568       32,144  
Debt payable within one year
    1,004       1,806  
Current payable to Financial Services
    216       124  
 
   
 
     
 
 
Total current liabilities
    55,888       52,293  
               
Senior debt
    12,562       13,832  
Subordinated debt
    5,155       5,155  
 
   
 
     
 
 
Total long-term debt
    17,717       18,987  
Other liabilities
    41,405       45,085  
Deferred income taxes
    3,045       2,352  
Liabilities of discontinued/held-for-sale operations
    69       152  
Payable to Financial Services
    2,030       3,232  
 
   
 
     
 
 
Total Automotive liabilities
    120,154       122,101  
Financial Services
               
Payables
    2,299       2,189  
Debt
    145,986       159,011  
Deferred income taxes
    11,062       11,061  
Other liabilities and deferred income
    8,309       9,211  
Liabilities of discontinued/held-for-sale operations
          37  
 
   
 
     
 
 
Total Financial Services liabilities
    167,656       181,509  
               
Minority interests
    813       659  
               
Stockholders’ equity
               
Capital stock
               
Common Stock, par value $0.01 per share (1,837 million shares issued)
    18       18  
Class B Stock, par value $0.01 per share (71 million shares issued)
    1       1  
Capital in excess of par value of stock
    5,357       5,374  
Accumulated other comprehensive income/(loss)
    (794 )     (414 )
Treasury stock
    (1,768 )     (1,749 )
Earnings retained for use in business
    11,255       8,421  
 
   
 
     
 
 
Total stockholders’ equity
    14,069       11,651  
 
   
 
     
 
 
Total liabilities and stockholders’ equity
  $ 302,692     $ 315,920