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

Exhibit 99.3

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

			Fourth Quarter						Full Year
			2003			2002			2003			2002
			(unaudited)						(unaudited)
Sales and revenues
Automotive sales			$	39,849		$	34,615		$	138,442		$	134,273
Financial Services revenue				6,159			6,859			25,754			27,983
		Total sales and revenues		46,008			41,474			164,196			162,256
Automotive interest income				143			173			870			834
Costs and expenses
Cost of sales				38,694			32,373			129,821			125,043
Selling, administrative and other expenses				6,052			6,447			23,902			24,894
Interest expense				1,981			2,057			7,690			8,836
Provision for credit and insurance losses				556			753			2,357			3,275
		Total costs and expenses		47,283			41,630			163,770			162,048
Automotive equity in net income/(loss) of affiliated companies				26			6			74			(91	)
Income/(loss) before income taxes				(1,106	)		23			1,370			951
Provision for/(benefit from) income taxes				(532	)		(47	)		135			301
Income/(loss) before minority interests				(574	)		70			1,235			650
Minority interests in net income/(loss) of subsidiaries				69			82			314			367
Income/(loss) from continuing operations				(643	)		(12	)		921			283
Income/(loss) from discontinued/held-for-sale operations				(1	)		(14	)		(8	)		(62	)
Loss on disposal of discontinued/held-for-sale operations				(149	)		(104	)		(154	)		(199	)
Cumulative effect of change in accounting principle				—			—			(264	)		(1,002	)
Net income/(loss)			$	(793	)	$	(130	)	$	495		$	(980	)
Income/(loss) attributable to Common and Class B Stock after Preferred Stock dividends			$	(793	)	$	(134	)	$	495		$	(995	)
Average number of shares of Common and Class B Stock outstanding				1,833			1,833			1,832			1,819
AMOUNTS PER SHARE OF COMMON AND CLASS B STOCK
Basic income/(loss)
	Income/(loss) from continuing operations		$	(0.35	)	$	(0.01	)	$	0.50		$	0.15
	Income/(loss) from discontinued/held-for-sale operations			—			(0.01	)		—			(0.04	)
	Loss on disposal of discontinued/held-for-sale operations			(0.08	)		(0.05	)		(0.09	)		(0.11	)
	Cumulative effect of change in accounting principle			—			—			(0.14	)		(0.55	)
	Net income/(loss)		$	(0.43	)	$	(0.07	)	$	0.27		$	(0.55	)
Diluted income/(loss)
	Income/(loss) from continuing operations		$	(0.35	)	$	(0.01	)	$	0.50		$	0.15
	Income/(loss) from discontinued/held-for-sale operations			—			(0.01	)		—			(0.03	)
	Loss on disposal of discontinued/held-for-sale operations			(0.08	)		(0.05	)		(0.09	)		(0.11	)
	Cumulative effect of change in accounting principle			—			—			(0.14	)		(0.55	)
	Net income/(loss)		$	(0.43	)	$	(0.07	)	$	0.27		$	(0.54	)
Cash dividends			$	0.10		$	0.10		$	0.40		$	0.40