Exhibit 99.1
Ford Motor Company
SELECTED CONSOLIDATED DETAIL
----------------------------
2002 Compared with 2001
Second Quarter First Half
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2002 2001 2002 2001
------------ ------------ ------------ -------------
(unaudited) (unaudited)
<s> <c> <c> <c> <c>
Worldwide vehicle unit sales of
cars and trucks (in thousands)
- - North America 1,183 1,143 2,275 2,245
- - Outside North America 671 713 1,256 1,416
----- ----- ----- -----
Total 1,854 1,856 3,531 3,661
===== ===== ===== =====
Sales and revenues (Mils.)
- - Automotive $ 35,238 $ 34,552 $ 67,559 $ 69,202
- - Financial Services 7,094 7,762 14,630 15,558
-------- -------- -------- --------
Total $ 42,332 $ 42,314 $ 82,189 $ 84,760
======== ======== ======== ========
Net income (Mils.)
- - Automotive $ 178 $(1,194) $ (130) $ (505)
- - Financial Services 392 442 608 812
-------- ------- -------- --------
Income before cumulative effect of
change in accounting principle 570 (752) 478 307
- - Cumulative effect of change in
accounting principle - - (1,002) -
-------- ------- -------- --------
Total net income $ 570 $ (752) $ (524) $ 307
======== ======= ======== ========
Adjusted net income before cumulative
effect of change in accounting principle
(Mils.) a/ $ 610 $ (551) $ 502 $ 580
Unusual items (Mils.)
- - SFAS 133 $ 1 $ (87) $ 17 $ (159)
- - End-of-life vehicle legislation (41) - (41) -
- - Mazda restructuring actions - (114) - (114)
Capital expenditures (Mils.)
- - Automotive $ 1,402 $ 1,229 $ 2,938 $ 2,586
- - Financial Services 119 99 300 230
-------- -------- -------- --------
Total $ 1,521 $ 1,328 $ 3,238 $ 2,816
======== ======== ======== ========
Automotive capital expenditures as a
percentage of sales 4.0% 3.6% 4.3% 3.7%
Automotive net cash at June 30 (Mils.)
- - Cash and marketable securities $ 23,425 $ 16,205 $ 23,425 $ 16,205
- - VEBA 1,480 2,729 1,480 2,729
-------- -------- -------- --------
Gross cash including VEBA 24,905 18,934 24,905 18,934
- - Debt 14,050 12,061 14,050 12,061
-------- -------- -------- --------
Automotive net cash including VEBA $ 10,855 $ 6,873 $ 10,855 $ 6,873
======== ======== ======== ========
AMOUNTS PER SHARE OF COMMON AND CLASS B STOCK
Income assuming dilution
- - Automotive $ 0.10 $ (0.66) $ (0.08) $ (0.28)
- - Financial Services 0.19 0.24 0.34 0.44
-------- -------- -------- --------
Subtotal 0.29 (0.42) 0.26 0.16
- - Cumulative effect of change in
accounting principle - - (0.55) -
-------- -------- -------- --------
Total $ 0.29 $ (0.42) $ (0.29) $ 0.16
======== ======== ======== ========
Adjusted net income before cumulative effect
of change in accounting principle a/ $ 0.31 $ (0.31) $ 0.27 $ 0.31
Unusual items
- - SFAS 133 $ - $ (0.05) $ 0.01 $ (0.09)
- - End-of-life vehicle legislation (0.02) - (0.02) -
- - Mazda restructuring actions - (0.06) - (0.06)
a/ Excludes unusual items disclosed by the Company
Prior periods have been reclassed.