EX-99.4 5 k91160exv99w4.htm SECTOR BALANCE SHEET exv99w4
 

Exhibit 99.4

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

                 
    December 31,     December 31,  
    2004     2003  
    (unaudited)          
ASSETS
               
Automotive
               
Cash and cash equivalents
  $ 10,143     $ 6,856  
Marketable securities
    8,291       9,316  
Loaned securities
    1,058       5,667  
 
           
Total cash, marketable and loaned securities
    19,492       21,839  
Receivables, net
    2,896       2,698  
Inventories
    10,766       9,151  
Deferred income taxes
    3,837       3,225  
Other current assets
    7,891       6,829  
 
           
Total current assets
    44,882       43,742  
Equity in net assets of affiliated companies
    1,907       1,930  
Net property
    42,906       41,919  
Deferred income taxes
    10,996       12,090  
Goodwill and other intangible assets
    6,374       6,053  
Assets of discontinued/held-for-sale operations
    180       410  
Other assets
    8,962       9,300  
 
           
Total Automotive assets
    116,207       115,444  
Financial Services
               
Cash and cash equivalents
    13,368       16,352  
Investments in securities
    1,216       1,123  
Finance receivables, net
    113,824       110,003  
Net investment in operating leases
    31,763       31,859  
Retained interest in sold receivables
    9,166       12,569  
Goodwill and other intangible assets
    897       947  
Assets of discontinued/held-for-sale operations
    2,186       1,810  
Other assets
    13,746       17,260  
Receivable from Automotive
    2,753       3,356  
 
           
Total Financial Services assets
    188,919       195,279  
 
           
Total assets
  $ 305,126     $ 310,723  
 
           
 
LIABILITIES AND STOCKHOLDERS’ EQUITY
               
Automotive
               
Trade payables
  $ 16,030     $ 15,279  
Other payables
    3,065       2,940  
Accrued liabilities
    33,573       32,143  
Debt payable within one year
    977       1,806  
Current payable to Financial Services
    1,382       124  
 
           
Total current liabilities
    55,027       52,292  
Senior debt
    12,303       13,832  
Subordinated debt
    5,155       5,155  
 
           
Total long-term debt
    17,458       18,987  
Other liabilities
    35,790       39,889  
Deferred income taxes
    3,042       2,352  
Liabilities of discontinued/held-for-sale operations
    42       152  
Payable to Financial Services
    1,371       3,232  
 
           
Total Automotive liabilities
    112,730       116,904  
Financial Services
               
Payables
    2,394       2,188  
Debt
    154,538       159,011  
Deferred income taxes
    10,549       11,079  
Other liabilities and deferred income
    8,206       9,148  
Liabilities of discontinued/held-for-sale operations
    93       83  
 
           
Total Financial Services liabilities
    175,780       181,509  
 
Minority interests
    876       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
    5,321       5,374  
Accumulated other comprehensive income/(loss)
    953       (414 )
Treasury stock
    (1,728 )     (1,749 )
Earnings retained for use in business
    11,175       8,421  
 
           
Total stockholders’ equity
    15,740       11,651  
 
           
Total liabilities and stockholders’ equity
  $ 305,126     $ 310,723  
 
           

Certain amounts in prior year’s financial statements have been reclassified to conform with current year presentation.