The accompanying notes are part of the financial statements. 5 4 2004 2003 2002 AUTOMOTIVE Sales (Note 2) $  147,134  $ 138,260  $ 134,120 Costs and expenses (Note 2) Cost of sales 135,856 129,685 125,027 Selling, administrative and other expenses 11,455 10,131 9,697 Total costs and expenses 147,311 139,816 134,724 Operating income/(loss) (177) (1,556) (604) Interest expense 1,221 1,323 1,333 Interest Income and other non-operating income/(expense), net 988 897 974 Equity in net income/(loss) of affiliated companies 255 74 (91) Income/(loss) before income taxes – Automotive (155) (1,908) (1,054) FINANCIAL SERVICES Revenues (Note 2) 24,518 26,078 28,138 Costs and expenses (Note 2) Interest expense 5,850 6,320 7,468 Depreciation 6,618 8,771 10,154 Operating and other expenses 5,830 5,492 5,345 Provision for credit and insurance losses 1,212 2,248 3,053 Total costs and expenses  19,510 22,831 26,020 Income/(loss) before income taxes - Financial Services 5,008 3,247 2,118 TOTAL COMPANY Income/(loss) before income taxes 4,853 1,339 1,064 Provision for/(benefit from) income taxes (Note 3) 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 (Note 4) (147) (143) (333) Cumulative effect of change in accounting principle (Note 16 and 9) - (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 (NOTE 17) 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 Ford Motor Company and Subsidiaries  For the Years Ended December 31, 2004, 2003 and 2002  (in millions, except per share amounts) SECTOR STATEMENT OF INCOME