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

Exhibit 99.4

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

				March 31,			December 31,
				2003			2002
			(unaudited)
ASSETS
Automotive
Cash and cash equivalents				$	7,138		$	5,180
Marketable securities					17,315			17,464
		Total cash and marketable securities			24,453			22,644
Receivables					2,296			2,065
Inventories					7,953			6,980
Deferred income taxes					3,389			3,462
Other current assets					5,112			4,551
Current receivable from Financial Services					1,366			1,062
		Total current assets			44,569			40,764
Equity in net assets of affiliated companies					2,479			2,470
Net property					36,556			36,364
Deferred income taxes					11,791			11,694
Goodwill					4,921			4,805
Other intangible assets					803			812
Assets of discontinued/held-for-sale operations					92			98
Other assets					11,536			10,783
		Total Automotive assets			112,747			107,790
Financial Services
Cash and cash equivalents					12,099			7,070
Investments in securities					623			807
Finance receivables, net					92,765			97,030
Net investment in operating leases					37,540			40,055
Retained interest in sold receivables					18,092			17,618
Goodwill					756			752
Other intangible assets					246			248
Assets of discontinued/held-for-sale operations					—			2,406
Other assets					15,822			16,643
Receivable from Automotive					4,503			4,803
		Total Financial Services assets			182,446			187,432
		Total assets		$	295,193		$	295,222
LIABILITIES AND STOCKHOLDERS’ EQUITY
Automotive
Trade payables				$	15,477		$	14,606
Other payables					2,540			2,485
Accrued liabilities					29,734			27,644
Debt payable within one year					329			557
		Total current liabilities			48,080			45,292
Long-term debt					13,643			13,607
Other liabilities					47,928			46,886
Deferred income taxes					231			303
Liabilities of discontinued/held-for-sale operations					89			138
Payable to Financial Services					4,503			4,803
		Total Automotive liabilities			114,474			111,029
Financial Services
Payables					2,463			1,890
Debt					145,038			148,058
Deferred income taxes					11,502			11,644
Other liabilities and deferred income					7,948			9,448
Liabilities of discontinued/held-for-sale operations					—			831
Payable to Automotive					1,366			1,062
		Total Financial Services liabilities			168,317			172,933
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		$	295,193		$	295,222