CONSOLIDATED STATEMENT OF INCOME Ford Motor Company and Subsidiaries  For the Years Ended December 31, 2004, 2003 and 2002  (in millions, except per share amounts)  2004  2003  2002 Sales and revenues Automotive sales $ 147,134  $ 138,260  $ 134,120 Financial Services revenues 24,518 26,078 28,138 Total sales and revenues 171,652 164,338 162,258 Costs and expenses  Cost of sales 135,856 129,685 125,027 Selling, administrative and other expenses 23,903 24,394 25,196 Interest expense 7,071 7,643 8,801 Provision for credit and insurance losses 1,212 2,248 3,053 Total costs and expenses 168,042 163,970 162,077 Automotive interest income and other non-operating income/(expense), net 988 897 974 Automotive equity in net income/(loss) of affiliated companies 255 74 (91) Income/(loss) before income taxes 4,853 1,339 1,064 Provision for/(benefit from) income taxes  937 123 342 Income/(loss) before minority interests 3,916 1,216 722 Minority interests in net income/(loss) of subsidiaries 282 314 367 Income/(loss) from continuing operations 3,634 902 355 Income/(loss) from discontinued operations  (147) (143) (333) Cumulative effect of change in accounting principle - (264) (1,002) Net income/(loss) $ 3,487  $  495  $  (980) Income/(loss) attributable to Common and Class B Stock  after Preferred Stock dividends $ 3,487  $  495  $  (995) Average number of shares of Common and Class B  stock outstanding 1,830 1,832 1,819 AMOUNTS PER SHARE OF COMMON AND CLASS B STOCK Basic income/(loss) Income/(loss) from continuing operations $ 1.99  $  0.49  $  0.19 Income/(loss) from discontinued operations (0.08) (0.08) (0.19) Cumulative effect of change in accounting principle  - (0.14) (0.55) Net income/(loss) $ 1.91  $  0.27  $  Diluted income/(loss) Income/(loss) from continuing operations $ 1.80  $  0.49  $  0.19 Income/(loss) from discontinued operations (0.07) (0.08) (0.18) Cumulative effect of change in accounting principle  - (0.14) (0.55) Net income/(loss) $ 1.73  $  0.27  $  (0.54) Cash dividends  $ 0.40  $  0.40  $  0.40 The accompanying notes are part of the financial statements. 5 5