NOTES TO THE FINANCIAL STATEMENTS 8 9  Financial Services Sector a/ Total Company (in millions) Ford 2004  Credit  Hertz  Other  Elims  Total  Elims b/ Total Revenues External customer $ 17,404 $ 6,681 $ 433 $ - $ 24,518 $ - $  171,652 Intersegment 478 19 13 (13) 497 (6,828) - Income Income/(loss) before income taxes 4,431 493 84 - 5,008 - 4,853 Other disclosures Depreciation and amortization 4,981 1,612 35 - 6,628 - 13,052 Automotive interest income 1,113 Interest expense 5,333 408 109 - 5,850 - 7,071 Cash out flow for capital expenditures 62 325 71 458 6,745 Unconsolidated affiliates Equity in net income/(loss) (2) - - - (2) - 253 Investment in 170 170 2,077 Total assets at year end 172,621 14,417 1,881 - 188,919 - 305,341 2003 Revenues External customer $ 19,774 $ 5,926 $  378 $  - $  26,078 $  - $ 164,338 Intersegment 316 26 48 (51) 339 (5,655) - Income Income/(loss) before income taxes 2,956 228 63 - 3,247 - 1,339 Other disclosures Depreciation and amortization 7,076 1,658 48 - 8,782 - 14,266 Automotive interest income 870 Interest expense 5,831 373 116 - 6,320 - 7,643 Cash out flow for capital expenditures 30 254 95 379 7,736 Unconsolidated affiliates Equity in net income/(loss) 12 - (3) - 9 - 83 Investment in 196 37 233 2,163 Total assets at year end 179,135 12,920 3,224 - 195,279 - 310,723 2002 Revenues External customer $ 22,169 $ 5,615 $  354 $  - $  28,138 $  -  $ 162,258 Intersegment 269 33 61 (76) 287 (5,686) - Income Income/(loss) before income taxes 1,979 200 (61) - 2,118 - 1,064 Other disclosures Depreciation and amortization 8,493 1,639 42 - 10,174 - 15,080 Automotive interest income 834 Interest expense 6,929 377 162 - 7,468 - 8,801 Cash out flow for capital expenditures 83 255 164 502 7,263 Unconsolidated affiliates Equity in net income/(loss) 11 - - - 11 - (80) Investment in 197 29 226 2,696 Total assets at year end 170,369 11,479 5,584 - 187,432 - 290,202 a/ Financial Services sector’s interest income is recorded as Revenues. b/ Includes intersector transactions occurring in the ordinary course of business.