Exhibit 99.6
Ford Motor Company and Subsidiaries
CONDENSED SECTOR STATEMENT OF CASH FLOWS
For the Periods Ended June 30, 2003 and 2002
(in millions)
First Half 2003 | First Half 2002 | |||||||||||||||||
Financial | Financial | |||||||||||||||||
Automotive | Services | Automotive | Services | |||||||||||||||
(unaudited) | (unaudited) | |||||||||||||||||
Cash and cash equivalents at January 1 | $ | 5,180 | $ | 7,070 | $ | 4,064 | $ | 3,133 | ||||||||||
Cash flows from operating activities before securities trading | 5,748 | 8,444 | 8,096 | 8,082 | ||||||||||||||
Net sales/(purchases) of trading securities | 10 | (380 | ) | (3,766 | ) | (60 | ) | |||||||||||
Net cash flows from operating activities | 5,758 | 8,064 | 4,330 | 8,022 | ||||||||||||||
Cash flows from investing activities | ||||||||||||||||||
Capital expenditures | (3,415 | ) | (118 | ) | (2,936 | ) | (300 | ) | ||||||||||
Acquisitions of receivables and lease investments | — | (28,962 | ) | — | (44,454 | ) | ||||||||||||
Collections of receivables and lease investments | — | 18,800 | — | 27,078 | ||||||||||||||
Net acquisitions of daily rental vehicles | — | (1,545 | ) | — | (1,896 | ) | ||||||||||||
Purchases of securities | (4,255 | ) | (319 | ) | (1,030 | ) | (320 | ) | ||||||||||
Sales and maturities of securities | 2,093 | 376 | 898 | 268 | ||||||||||||||
Proceeds from sales of receivables and lease investments | — | 13,573 | — | 19,430 | ||||||||||||||
Proceeds from sale of businesses | 77 | 204 | — | — | ||||||||||||||
Net investing activity with Financial Services | 1,867 | — | 29 | — | ||||||||||||||
Cash paid for acquisitions | — | — | (22 | ) | — | |||||||||||||
Other | 489 | (37 | ) | (45 | ) | 426 | ||||||||||||
Net cash (used in)/provided by investing activities | (3,144 | ) | 1,972 | (3,106 | ) | 232 | ||||||||||||
Cash flows from financing activities | ||||||||||||||||||
Cash dividends | (366 | ) | — | (369 | ) | — | ||||||||||||
Net sales/(purchases) of Common Stock | (3 | ) | — | 92 | — | |||||||||||||
Proceeds from mandatorily redeemable convertible preferred securities | — | — | 4,900 | — | ||||||||||||||
Changes in short-term debt | (119 | ) | (2,342 | ) | (91 | ) | (6,929 | ) | ||||||||||
Proceeds from issuance of other debt | 825 | 7,720 | 265 | 12,359 | ||||||||||||||
Principal payments on other debt | (548 | ) | (12,395 | ) | (691 | ) | (13,965 | ) | ||||||||||
Repayment of debt from discontinued operations | — | 1,421 | — | — | ||||||||||||||
Net financing activity with Automotive | — | (1,867 | ) | — | (29 | ) | ||||||||||||
Other | (5 | ) | 48 | (14 | ) | 478 | ||||||||||||
Net cash (used in)/provided by financing activities | (216 | ) | (7,415 | ) | 4,092 | (8,086 | ) | |||||||||||
Effect of exchange rate changes on cash | 175 | 240 | 75 | 249 | ||||||||||||||
Net transactions with Automotive/Financial Services | (267 | ) | 267 | (1,001 | ) | 1,001 | ||||||||||||
Net increase/(decrease) in cash and cash equivalents | 2,306 | 3,128 | 4,390 | 1,418 | ||||||||||||||
Cash and cash equivalents at June 30 | $ | 7,486 | $ | 10,198 | $ | 8,454 | $ | 4,551 | ||||||||||