EX-99.7 8 k88887exv99w7.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 September 30, 2004 and 2003
(in millions)

                 
    Nine Months
    2004
  2003
    (unaudited)
Cash and cash equivalents at January 1
  $ 21,766     $ 12,223  
 
Cash flows from operating activities before securities trading
    13,993       18,109  
Net sales/(purchases) of trading securities
    3,970       1,350  
 
   
 
     
 
 
Net cash flows from operating activities
    17,963       19,459  
 
Cash flows from investing activities
               
Capital expenditures
    (4,902 )     (5,829 )
Acquisitions of receivables and lease investments
    (47,338 )     (42,239 )
Collections of receivables and lease investments
    37,035       33,921  
Net acquisitions of daily rental vehicles
    (2,739 )     (1,487 )
Purchases of securities
    (7,597 )     (7,846 )
Sales and maturities of securities
    7,285       4,725  
Proceeds from sales of receivables and lease investments
    9,265       15,781  
Proceeds from sale of businesses
    537       1,702  
Repayment of debt from discontinued operations
           
Cash paid for acquisitions
    (30 )      
Cash recognized on consolidation of joint ventures
          256  
Other
    110       716  
 
   
 
     
 
 
 
Net cash (used in)/provided by investing activities
    (8,374 )     (300 )
 
Cash flows from financing activities
               
Cash dividends
    (549 )     (549 )
Net sales/(purchases) of Common Stock
    (127 )     (43 )
Changes in short-term debt
    8,700       3,232  
Proceeds from issuance of other debt
    12,544       17,221  
Principal payments on other debt
    (34,490 )     (23,862 )
Other
    (11 )     3  
 
   
 
     
 
 
 
Net cash (used in)/provided by financing activities
    (13,933 )     (3,998 )
 
Effect of exchange rate changes on cash
    (6 )     474  
 
   
 
     
 
 
Net increase/(decrease) in cash and cash equivalents
    (4,350 )     15,635  
 
   
 
     
 
 
Cash and cash equivalents at September 30
  $ 17,416     $ 27,858