Exhibit 99.4
Ford Motor Company and Subsidiaries
SECTOR BALANCE SHEET
(in millions)
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 | ||||
Certain amounts in prior year’s financial statements have been reclassified to conform with current year presentation.