| | | | | | | | |
| | December 31, | | | December 31, | |
| | 2004 | | | 2003 | |
| | (unaudited) | | | | | |
ASSETS | | | | | | | | |
Automotive | | | | | | | | |
Cash and cash equivalents | | $ | 10,143 | | | $ | 6,856 | |
Marketable securities | | | 8,291 | | | | 9,316 | |
Loaned securities | | | 1,058 | | | | 5,667 | |
| | | | | | |
Total cash, marketable and loaned securities | | | 19,492 | | | | 21,839 | |
Receivables, net | | | 2,896 | | | | 2,698 | |
Inventories | | | 10,766 | | | | 9,151 | |
Deferred income taxes | | | 3,837 | | | | 3,225 | |
Other current assets | | | 7,891 | | | | 6,829 | |
| | | | | | |
Total current assets | | | 44,882 | | | | 43,742 | |
Equity in net assets of affiliated companies | | | 1,907 | | | | 1,930 | |
Net property | | | 42,906 | | | | 41,919 | |
Deferred income taxes | | | 10,996 | | | | 12,090 | |
Goodwill and other intangible assets | | | 6,374 | | | | 6,053 | |
Assets of discontinued/held-for-sale operations | | | 180 | | | | 410 | |
Other assets | | | 8,962 | | | | 9,300 | |
| | | | | | |
Total Automotive assets | | | 116,207 | | | | 115,444 | |
Financial Services | | | | | | | | |
Cash and cash equivalents | | | 13,368 | | | | 16,352 | |
Investments in securities | | | 1,216 | | | | 1,123 | |
Finance receivables, net | | | 113,824 | | | | 110,003 | |
Net investment in operating leases | | | 31,763 | | | | 31,859 | |
Retained interest in sold receivables | | | 9,166 | | | | 12,569 | |
Goodwill and other intangible assets | | | 897 | | | | 947 | |
Assets of discontinued/held-for-sale operations | | | 2,186 | | | | 1,810 | |
Other assets | | | 13,746 | | | | 17,260 | |
Receivable from Automotive | | | 2,753 | | | | 3,356 | |
| | | | | | |
Total Financial Services assets | | | 188,919 | | | | 195,279 | |
| | | | | | |
Total assets | | $ | 305,126 | | | $ | 310,723 | |
| | | | | | |
|
LIABILITIES AND STOCKHOLDERS’ EQUITY | | | | | | | | |
Automotive | | | | | | | | |
Trade payables | | $ | 16,030 | | | $ | 15,279 | |
Other payables | | | 3,065 | | | | 2,940 | |
Accrued liabilities | | | 33,573 | | | | 32,143 | |
Debt payable within one year | | | 977 | | | | 1,806 | |
Current payable to Financial Services | | | 1,382 | | | | 124 | |
| | | | | | |
Total current liabilities | | | 55,027 | | | | 52,292 | |
Senior debt | | | 12,303 | | | | 13,832 | |
Subordinated debt | | | 5,155 | | | | 5,155 | |
| | | | | | |
Total long-term debt | | | 17,458 | | | | 18,987 | |
Other liabilities | | | 35,790 | | | | 39,889 | |
Deferred income taxes | | | 3,042 | | | | 2,352 | |
Liabilities of discontinued/held-for-sale operations | | | 42 | | | | 152 | |
Payable to Financial Services | | | 1,371 | | | | 3,232 | |
| | | | | | |
Total Automotive liabilities | | | 112,730 | | | | 116,904 | |
Financial Services | | | | | | | | |
Payables | | | 2,394 | | | | 2,188 | |
Debt | | | 154,538 | | | | 159,011 | |
Deferred income taxes | | | 10,549 | | | | 11,079 | |
Other liabilities and deferred income | | | 8,206 | | | | 9,148 | |
Liabilities of discontinued/held-for-sale operations | | | 93 | | | | 83 | |
| | | | | | |
Total Financial Services liabilities | | | 175,780 | | | | 181,509 | |
|
Minority interests | | | 876 | | | | 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 | | | 5,321 | | | | 5,374 | |
Accumulated other comprehensive income/(loss) | | | 953 | | | | (414 | ) |
Treasury stock | | | (1,728 | ) | | | (1,749 | ) |
Earnings retained for use in business | | | 11,175 | | | | 8,421 | |
| | | | | | |
Total stockholders’ equity | | | 15,740 | | | | 11,651 | |
| | | | | | |
Total liabilities and stockholders’ equity | | $ | 305,126 | | | $ | 310,723 | |
| | | | | | |