Exhibit 99.7
Ford Motor Company and Subsidiaries
CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS
For the Periods Ended June 30, 2004 and 2003
(in millions)
First Half | ||||||||
2004 | 2003 | |||||||
(unaudited) | ||||||||
Cash and cash equivalents at January 1 | $ | 21,770 | $ | 12,221 | ||||
Cash flows from operating activities before securities trading | 13,442 | 14,144 | ||||||
Net sales/(purchases) of trading securities | (423 | ) | (370 | ) | ||||
Net cash flows from operating activities | 13,019 | 13,774 | ||||||
Cash flows from investing activities | ||||||||
Capital expenditures | (2,790 | ) | (3,533 | ) | ||||
Acquisitions of receivables and lease investments | (33,037 | ) | (28,920 | ) | ||||
Collections of receivables and lease investments | 23,156 | 18,800 | ||||||
Net acquisitions of daily rental vehicles | (2,902 | ) | (1,545 | ) | ||||
Purchases of securities | (6,026 | ) | (4,574 | ) | ||||
Sales and maturities of securities | 5,703 | 2,469 | ||||||
Proceeds from sales of receivables and lease investments | 5,370 | 13,573 | ||||||
Proceeds from sale of businesses | 125 | 281 | ||||||
Repayment of debt from discontinued operations | — | 1,421 | ||||||
Cash paid for acquisitions | (30 | ) | — | |||||
Other | 67 | 451 | ||||||
Net cash (used in)/provided by investing activities | (10,364 | ) | (1,577 | ) | ||||
Cash flows from financing activities | ||||||||
Cash dividends | (366 | ) | (366 | ) | ||||
Net sales/(purchases) of Common Stock | (101 | ) | (3 | ) | ||||
Changes in short-term debt | 8,412 | (2,453 | ) | |||||
Proceeds from issuance of other debt | 7,831 | 8,545 | ||||||
Principal payments on other debt | (24,401 | ) | (12,943 | ) | ||||
Other | (7 | ) | 43 | |||||
Net cash (used in)/provided by financing activities | (8,632 | ) | (7,177 | ) | ||||
Effect of exchange rate changes on cash | (145 | ) | 415 | |||||
Net increase/(decrease) in cash and cash equivalents | (6,122 | ) | 5,435 | |||||
Cash and cash equivalents at June 30 | $ | 15,648 | $ | 17,656 | ||||