Exhibit 99.4
Ford Motor Company and Subsidiaries
SECTOR BALANCE SHEET
(in millions)
June 30, | December 31, | |||||||
2004 | 2003 | |||||||
(unaudited) | ||||||||
ASSETS | ||||||||
Automotive | ||||||||
Cash and cash equivalents | $ | 5,937 | $ | 5,427 | ||||
Marketable securities | 11,537 | 10,749 | ||||||
Loaned securities | 5,317 | 5,667 | ||||||
Total cash, marketable and loaned securities | 22,791 | 21,843 | ||||||
Receivables, net | 3,016 | 2,721 | ||||||
Inventories | 10,614 | 9,181 | ||||||
Deferred income taxes | 3,083 | 3,225 | ||||||
Other current assets | 8,166 | 6,839 | ||||||
Total current assets | 47,670 | 43,809 | ||||||
Equity in net assets of affiliated companies | 1,897 | 1,930 | ||||||
Net property | 40,680 | 41,993 | ||||||
Deferred income taxes | 10,640 | 12,092 | ||||||
Goodwill and other intangible assets | 6,187 | 6,254 | ||||||
Assets of discontinued/held-for-sale operations | 2 | 68 | ||||||
Other assets | 15,417 | 14,495 | ||||||
Total Automotive assets | 122,493 | 120,641 | ||||||
Financial Services | ||||||||
Cash and cash equivalents | 9,711 | 16,343 | ||||||
Investments in securities | 1,156 | 1,123 | ||||||
Finance receivables, net | 108,459 | 110,893 | ||||||
Net investment in operating leases | 32,412 | 31,859 | ||||||
Retained interest in sold receivables | 16,396 | 13,017 | ||||||
Goodwill and other intangible assets | 999 | 1,008 | ||||||
Assets of discontinued/held-for-sale operations | 385 | 388 | ||||||
Other assets | 12,067 | 17,292 | ||||||
Receivable from Automotive | 3,016 | 3,356 | ||||||
Total Financial Services assets | 184,601 | 195,279 | ||||||
Total assets | $ | 307,094 | $ | 315,920 | ||||
LIABILITIES AND STOCKHOLDERS’ EQUITY | ||||||||
Automotive | ||||||||
Trade payables | $ | 15,947 | $ | 15,289 | ||||
Other payables | 3,547 | 2,942 | ||||||
Accrued liabilities | 35,415 | 32,171 | ||||||
Debt payable within one year | 760 | 1,806 | ||||||
Current payable to Financial Services | 598 | 124 | ||||||
Total current liabilities | 56,267 | 52,332 | ||||||
Senior debt | 12,987 | 13,832 | ||||||
Subordinated debt | 5,155 | 5,155 | ||||||
Total long-term debt | 18,142 | 18,987 | ||||||
Other liabilities | 43,184 | 45,104 | ||||||
Deferred income taxes | 1,652 | 2,352 | ||||||
Liabilities of discontinued/held-for-sale operations | 21 | 94 | ||||||
Payable to Financial Services | 2,418 | 3,232 | ||||||
Total Automotive liabilities | 121,684 | 122,101 | ||||||
Financial Services | ||||||||
Payables | 2,385 | 2,189 | ||||||
Debt | 149,199 | 159,011 | ||||||
Deferred income taxes | 11,010 | 11,061 | ||||||
Other liabilities and deferred income | 8,379 | 9,211 | ||||||
Liabilities of discontinued/held-for-sale operations | 91 | 37 | ||||||
Total Financial Services liabilities | 171,064 | 181,509 | ||||||
Minority interests | 785 | 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 | 5,341 | 5,374 | ||||||
Accumulated other comprehensive income/(loss) | (1,209 | ) | (414 | ) | ||||
Treasury stock | (1,761 | ) | (1,749 | ) | ||||
Earnings retained for use in business | 11,171 | 8,421 | ||||||
Total stockholders’ equity | 13,561 | 11,651 | ||||||
Total liabilities and stockholders’ equity | $ | 307,094 | $ | 315,920 | ||||