Ford Motor (F) 8-K FORD REPORTS 2nd QUARTER NET PROFIT OF $417 MILLION, ON TRACK FOR FULL YEAR

Exhibit 99.7

Ford Motor Company and Subsidiaries
CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS
For the Periods Ended June 30, 2003 and 2002
(in millions)

			First Half
			2003			2002
			(unaudited)
Cash and cash equivalents at January 1			$	12,250		$	7,197
Cash flows from operating activities before securities trading				14,192			16,178
Net sales/(purchases) of trading securities				(370	)		(3,826	)
		Net cash flows from operating activities		13,822			12,352
Cash flows from investing activities
	Capital expenditures			(3,533	)		(3,236	)
	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			(4,574	)		(1,350	)
	Sales and maturities of securities			2,469			1,166
	Proceeds from sales of receivables and lease investments			13,573			19,430
	Proceeds from sale of businesses			281			—
	Cash paid for acquisitions			—			(22	)
	Other			452			381
		Net cash (used in)/provided by investing activities		(3,039	)		(2,903	)
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			(2,461	)		(7,020	)
	Proceeds from issuance of other debt			8,545			12,624
	Principal payments on other debt			(12,943	)		(14,656	)
	Repayment of debt from discontinued operations			1,421			—
	Other			43			464
		Net cash (used in)/provided by financing activities		(5,764	)		(3,965	)
Effect of exchange rate changes on cash				415			324
		Net increase/(decrease) in cash and cash equivalents		5,434			5,808
Cash and cash equivalents at June 30			$	17,684		$	13,005