SECTOR BALANCE SHEET Ford Motor Company and Subsidiaries (in millions) December 31, 2004 December 31, 2003 ASSETS Automotive Cash and cash equivalents $ 10,143 $  6,856 Marketable securities (Note 5) 8,291 9,316 Loaned securities (Note 5) 1,058 5,667 Total cash, marketable and loaned securities 19,492 21,839 Receivables, less allowances of $388 and $384 2,896 2,698 Inventories (Note 6) 10,766 9,151 Deferred income taxes 3,837 3,225 Other current assets 7,712 6,829 Total current assets 44,703 43,742 Equity in net assets of affiliated companies 1,907 1,930 Net property (Note 8) 42,906 41,919 Deferred income taxes 10,894 12,090 Goodwill and other intangible assets (Note 9) 6,374 6,053 Assets of discontinued/held-for-sale operations 180 410 Other assets 9,458 9,300 Total Automotive assets 116,422 115,444 Financial Services Cash and cash equivalents 13,368 16,352 Investments in securities (Note 5) 1,216 1,123 Finance receivables, net (Note 10) 113,824 110,003 Net investment in operating leases (Note 11) 31,763 31,859 Retained interest in sold receivables (Note 12) 9,166 12,569 Goodwill and other intangible assets (Note 9) 897 947 Assets of discontinued/held-for-sale operations 2,186 1,810 Other assets 13,746 17,260 Receivable from Automotive (Note 1) 2,753 3,356 Total Financial Services assets 188,919 195,279 Total assets $ 305,341 $  310,723 LIABILITIES AND STOCKHOLDERS’ EQUITY Automotive Trade payables $ 16,030 $  15,279 Other payables  3,065 2,940 Accrued liabilities (Note 14) 33,573 32,143 Debt payable within one year (Note 15) 977 1,806 Current payable to Financial Services (Note 1) 1,382 124 Total current liabilities 55,027 52,292 Senior debt (Note 15) 12,303 13,832 Subordinated debt (Note 15) 5,155 5,155 Total long-term debt 17,458 18,987 Other liabilities (Note 14) 35,699 39,889 Deferred income taxes 3,042 2,352 Liabilities of discontinued/held-for-sale operations 42 152 Payable to Financial Services (Note 1) 1,371 3,232 Total Automotive liabilities 112,639 116,904 Financial Services Payables 2,394 2,188 Debt (Note 15) 154,538 159,011 Deferred income taxes 10,549 11,079 Other liabilities and deferred income 8,206 9,148 Liabilities of discontinued/held-for-sale operations 93 83 Total Financial Services liabilities 175,780 181,509 Minority interests 877 659 Stockholders’ equity Capital stock (Note 17) Common Stock, par value $0.01 per share (1,837 million shares issued) 18 18 Class B Stock, par value $0.01 per share (71 million shares issued) 1 1 Capital in excess of par value of stock 5,321 5,374 Accumulated other comprehensive income/(loss)  1,258 (414) Treasury stock (1,728) (1,749) Earnings retained for use in business 11,175 8,421 Total stockholders’ equity 16,045 11,651 Total liabilities and stockholders’ equity $ 305,341 $  310,723 The accompanying notes are part of the financial statements. 5 6