Exhibit 99.7
Ford Motor Company and Subsidiaries
CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS
For the Periods Ended September 30, 2004 and 2003
(in millions)
Nine Months | ||||||||
2004 | 2003 | |||||||
(unaudited) | ||||||||
Cash and cash equivalents at January 1 | $ | 21,766 | $ | 12,223 | ||||
Cash flows from operating activities before securities trading | 13,993 | 18,109 | ||||||
Net sales/(purchases) of trading securities | 3,970 | 1,350 | ||||||
Net cash flows from operating activities | 17,963 | 19,459 | ||||||
Cash flows from investing activities | ||||||||
Capital expenditures | (4,902 | ) | (5,829 | ) | ||||
Acquisitions of receivables and lease investments | (47,338 | ) | (42,239 | ) | ||||
Collections of receivables and lease investments | 37,035 | 33,921 | ||||||
Net acquisitions of daily rental vehicles | (2,739 | ) | (1,487 | ) | ||||
Purchases of securities | (7,597 | ) | (7,846 | ) | ||||
Sales and maturities of securities | 7,285 | 4,725 | ||||||
Proceeds from sales of receivables and lease investments | 9,265 | 15,781 | ||||||
Proceeds from sale of businesses | 537 | 1,702 | ||||||
Repayment of debt from discontinued operations | — | — | ||||||
Cash paid for acquisitions | (30 | ) | — | |||||
Cash recognized on consolidation of joint ventures | — | 256 | ||||||
Other | 110 | 716 | ||||||
Net cash (used in)/provided by investing activities | (8,374 | ) | (300 | ) | ||||
Cash flows from financing activities | ||||||||
Cash dividends | (549 | ) | (549 | ) | ||||
Net sales/(purchases) of Common Stock | (127 | ) | (43 | ) | ||||
Changes in short-term debt | 8,700 | 3,232 | ||||||
Proceeds from issuance of other debt | 12,544 | 17,221 | ||||||
Principal payments on other debt | (34,490 | ) | (23,862 | ) | ||||
Other | (11 | ) | 3 | |||||
Net cash (used in)/provided by financing activities | (13,933 | ) | (3,998 | ) | ||||
Effect of exchange rate changes on cash | (6 | ) | 474 | |||||
Net increase/(decrease) in cash and cash equivalents | (4,350 | ) | 15,635 | |||||
Cash and cash equivalents at September 30 | $ | 17,416 | $ | 27,858 | ||||