Exhibit 99.1
Ford Motor Company
SELECTED CONSOLIDATED DETAIL
----------------------------
2002 Compared with 2001
First Quarter
---------------------------------
2002 2001
------------- -------------
<s> <c> <c>
Worldwide vehicle unit sales of
cars and trucks (in thousands)
- North America 1,093 1,103
- Outside North America 585 702
------- -------
Total 1,678 1,805
======= =======
Sales and revenues (Mils.)
- Automotive $32,321 $34,650
- Financial Services 7,536 7,796
------- -------
Total $39,857 $42,446
======= =======
Net income (Mils.)
- Automotive $ (308) $ 689
- Financial Services 216 370
------- -------
Income before cumulative effect of change in
accounting principle (92) 1,059
- Cumulative effect of change in accounting principle (708) -
------- -------
Total net income $ (800) $ 1,059
======= =======
Adjusted net income before cumulative effect of change
in accounting principle (Mils.) a/ $ (108) $ 1,131
Unusual items (Mils.)
- SFAS 133 $ 16 $ (72)
Capital expenditures (Mils.)
- Automotive $ 1,537 $ 1,357
- Financial Services 181 131
------- -------
Total $ 1,718 $ 1,488
======= =======
Automotive capital expenditures as a
percentage of sales 4.8% 3.9%
Automotive net cash at December 31 (Mils.)
- Cash and marketable securities $19,506 $15,767
- VEBA 2,027 3,379
------- -------
Gross cash including VEBA 21,533 19,146
- Debt 13,916 12,036
------- -------
Automotive net cash including VEBA $ 7,617 $ 7,110
======= =======
AMOUNTS PER SHARE OF COMMON AND CLASS B STOCK
Income assuming dilution
- Automotive $ (0.17) $ 0.36
- Financial Services 0.12 0.20
------- -------
Subtotal (0.05) 0.56
- Cumulative effect of change in accounting principle (0.40) -
------- -------
Total $ (0.45) $ 0.56
======= =======
Adjusted net income before cumulative effect of change
in accounting principle a/ $ (0.06) $ 0.60
Unusual items
- SFAS 133 $ 0.01 $ (0.04)
a/ Excludes unusual items disclosed by the Company.
Prior periods have been restated.