Ford Motor (F) 8-K Ford Announces Third-quarter Financial Results

Exhibit 99.2

Ford Motor Company and Subsidiaries
SECTOR STATEMENT OF INCOME
For the Periods Ended September 30, 2003 and 2002
(in millions, except per share amounts)

		Third Quarter						Nine Months
		2003			2002			2003			2002
		(unaudited)						(unaudited)
AUTOMOTIVE
Sales		$	30,337		$	32,396		$	98,719		$	99,764
Costs and expenses
Cost of sales			28,437			30,568			91,205			92,736
Selling, administrative and other expenses			2,536			2,467			7,321			7,140
	Total costs and expenses		30,973			33,035			98,526			99,876
Operating income/(loss)			(636	)		(639	)		193			(112	)
Interest income			445			378			727			661
Interest expense			373			340			915			1,037
	Net interest income/(expense)		72			38			(188	)		(376	)
Equity in net income/(loss) of affiliated companies			(45	)		(17	)		48			(97	)
Income/(loss) before income taxes — Automotive			(609	)		(618	)		53			(585	)
FINANCIAL SERVICES
Revenues			6,551			6,942			19,727			21,242
Costs and expenses
Interest expense			1,552			1,868			4,794			5,741
Depreciation			2,095			2,530			6,939			7,631
Operating and other expenses			1,342			1,180			3,767			3,832
Provision for credit and insurance losses			530			792			1,802			2,523
	Total costs and expenses		5,519			6,370			17,302			19,727
Income/(loss) before income taxes — Financial Services			1,032			572			2,425			1,515
TOTAL COMPANY
Income/(loss) before income taxes			423			(46	)		2,478			930
Provision for/(benefit from) income taxes			141			81			672			350
Income/(loss) before minority interests			282			(127	)		1,806			580
Minority interests in net income/(loss) of subsidiaries			45			117			245			285
Income/(loss) from continuing operations			237			(244	)		1,561			295
Income/(loss) from discontinued/held-for-sale operations			2			(27	)		(4	)		(48	)
Loss on disposal of discontinued/held-for-sale operations			—			(55	)		(5	)		(95	)
Cumulative effect of change in accounting principle			(264	)		—			(264	)		(1,002	)
Net income/(loss)		$	(25	)	$	(326	)	$	1,288		$	(850	)
Income/(loss) attributable to Common and Class B Stock after Preferred Stock dividends		$	(25	)	$	(330	)	$	1,288		$	(861	)
Average number of shares of Common and Class B Stock outstanding			1,831			1,822			1,832			1,814
AMOUNTS PER SHARE OF COMMON AND CLASS B STOCK
Basic income/(loss)
	Income/(loss) from continuing operations	$	0.13		$	(0.14	)	$	0.85		$	0.16
	Income/(loss) from discontinued/held-for-sale operations		—			(0.01	)		—			(0.03	)
	Loss on disposal of discontinued/held-for-sale operations		—			(0.03	)		—			(0.05	)
	Cumulative effect of change in accounting principle		(0.14	)		—			(0.15	)		(0.55	)
	Net income/(loss)	$	(0.01	)	$	(0.18	)	$	0.70		$	(0.47	)
Diluted income/(loss)
	Income/(loss) from continuing operations	$	0.13		$	(0.14	)	$	0.81		$	0.16
	Income/(loss) from discontinued/held-for-sale operations		—			(0.01	)		—			(0.03	)
	Loss on disposal of discontinued/held-for-sale operations		—			(0.03	)		—			(0.05	)
	Cumulative effect of change in accounting principle		(0.14	)		—			(0.13	)		(0.55	)
	Net income/(loss)	$	(0.01	)	$	(0.18	)	$	0.68		$	(0.47	)
Cash dividends		$	0.10		$	0.10		$	0.30		$	0.30