Exhibit 99.7
Ford Motor Company and Subsidiaries
CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS
For the Periods Ended December 31, 2004 and 2003
(in millions)
Full Year | ||||||||
2004 | 2003 | |||||||
(unaudited) | ||||||||
Cash and cash equivalents at January 1 | $ | 23,208 | $ | 13,314 | ||||
Cash flows from operating activities before securities trading | 18,681 | 15,484 | ||||||
Net sales/(purchases) of trading securities | 5,692 | 2,154 | ||||||
Net cash flows from operating activities | 24,373 | 17,638 | ||||||
Cash flows from investing activities | ||||||||
Capital expenditures | (6,745 | ) | (7,736 | ) | ||||
Acquisitions of retail and other finance receivables and operating leases | (62,852 | ) | (59,503 | ) | ||||
Collections of retail and other finance receivables and operating leases | 50,810 | 44,118 | ||||||
Net acquisitions of daily rental vehicles | (2,492 | ) | (1,505 | ) | ||||
Purchases of securities | (8,470 | ) | (10,074 | ) | ||||
Sales and maturities of securities | 8,414 | 9,382 | ||||||
Proceeds from sales of retail and other finance receivables and operating leases | 6,481 | 18,401 | ||||||
Proceeds from sale of businesses | 537 | 281 | ||||||
Repayment of debt from discontinued operations | — | 1,421 | ||||||
Cash paid for acquisitions | (30 | ) | — | |||||
Cash recognized on initial consolidation of joint ventures | — | 256 | ||||||
Other | (364 | ) | 1,599 | |||||
Net cash (used in)/provided by investing activities | (14,711 | ) | (3,360 | ) | ||||
Cash flows from financing activities | ||||||||
Cash dividends | (732 | ) | (733 | ) | ||||
Net sales/(purchases) of Common Stock | (151 | ) | 9 | |||||
Changes in short-term debt | 4,937 | 1,305 | ||||||
Proceeds from issuance of other debt | 22,223 | 23,086 | ||||||
Principal payments on other debt | (36,021 | ) | (28,780 | ) | ||||
Other | (120 | ) | (82 | ) | ||||
Net cash (used in)/provided by financing activities | (9,864 | ) | (5,195 | ) | ||||
Effect of exchange rate changes on cash | 505 | 811 | ||||||
Net increase/(decrease) in cash and cash equivalents | 303 | 9,894 | ||||||
Cash and cash equivalents at December 31 | $ | 23,511 | $ | 23,208 | ||||
Certain amounts in prior year’s financial statements have been reclassified to conform with current year presentation.