Ford Motor (F) 8-K Financial statements and exhibits

Exhibit 99.2

Ford Motor Company and Subsidiaries
SECTOR STATEMENT OF INCOME
For the Periods Ended March 31, 2003 and 2002
(in millions, except per share amounts)

			First Quarter
			2003			2002
			(unaudited)
AUTOMOTIVE
Sales			$	34,200		$	32,171
Costs and expenses
Cost of sales				31,084			29,923
Selling, administrative and other expenses				2,313			2,308
	Total costs and expenses			33,397			32,231
Operating income/(loss)				803			(60	)
Interest income				148			112
Interest expense				313			361
	Net interest income/(expense)			(165	)		(249	)
Equity in net income/(loss) of affiliated companies				21			(61	)
Income/(loss) before income taxes — Automotive				659			(370	)
FINANCIAL SERVICES
Revenues				6,688			7,290
Costs and expenses
Interest expense				1,644			1,988
Depreciation				2,567			2,561
Operating and other expenses				1,206			1,438
Provision for credit and insurance losses				593			960
	Total costs and expenses			6,010			6,947
Income/(loss) before income taxes — Financial Services				678			343
TOTAL COMPANY
Income/(loss) before income taxes				1,337			(27	)
Provision for/(benefit from) for income taxes				336			(20	)
Income/(loss) before minority interests				1,001			(7	)
Minority interests in net income of subsidiaries				102			73
Income/(loss) from continuing operations				899			(80	)
Income/(loss) from discontinued/held-for-sale operations				(3	)		(12	)
Cumulative effect of change in accounting principle				—			(1,002	)
Net income/(loss)			$	896		$	(1,094	)
Income/(loss) attributable to Common and Class B Stock after preferred stock dividends			$	896		$	(1,098	)
Average number of shares of Common and Class B Stock outstanding				1,832			1,807
AMOUNTS PER SHARE OF COMMON AND CLASS B STOCK
Basic income/(loss)
		Income/(loss) from continuing operations	$	0.49		$	(0.05	)
		Income/(loss) from discontinued/held-for-sale operations		—			(0.01	)
		Cumulative effect of change in accounting principle		—			(0.55	)
		Net income/(loss)	$	0.49		$	(0.61	)
Diluted income/(loss)
		Income/(loss) from continuing operations	$	0.45		$	(0.05	)
		Income/(loss) from discontinued/held-for-sale operations		—			(0.01	)
		Cumulative effect of change in accounting principle		—			(0.55	)
		Net income/(loss)	$	0.45		$	(0.61	)
Cash dividends			$	0.10		$	0.10