Exhibit 99.5

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

				March 31,			December 31,
				2003			2002
				(unaudited)
ASSETS
Cash and cash equivalents				$	19,237		$	12,250
Marketable securities					17,938			18,271
Receivables					2,296			2,065
Net investment in operating leases					37,540			40,055
Finance receivables, net					92,765			97,030
Retained interest in sold receivables					18,092			17,618
Inventories					7,953			6,980
Equity in net assets of affiliated companies					3,520			3,569
Net property					38,151			37,935
Deferred income taxes					15,204			15,213
Goodwill					5,677			5,557
Other intangible assets					1,049			1,060
Assets of discontinued/held-for-sale operations					92			2,504
Other assets					29,810			29,250
		Total assets		$	289,324		$	289,357
LIABILITIES AND STOCKHOLDERS’ EQUITY
Payables				$	20,480		$	18,981
Accrued liabilities					27,276			25,088
Debt					159,010			162,222
Other liabilities and deferred income					55,697			56,276
Deferred income taxes					14,370			14,561
Liabilities of discontinued/held-for-sale operations					89			969
		Total liabilities			276,922			278,097
Company-obligated mandatorily redeemable preferred securities of subsidiary trusts holding solely junior subordinated debentures of the Company					5,670			5,670
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					5,435			5,420
Accumulated other comprehensive income/(loss)					(6,119	)		(6,531	)
Treasury stock					(1,974	)		(1,977	)
Earnings retained for use in business					9,371			8,659
			Total stockholders’ equity		6,732			5,590
			Total liabilities and stockholders’ equity	$	289,324		$	289,357