Ford 2004 Annual Report Download - page 96

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9 4
SELECTED FINANCIAL DATA
2004 2003 2002 2001 2000
SUMMARY OF OPERATIONS
Total Company
Sales and revenues $ 171,652 $ 164,338 $ 162,258 $ 160,654 $ 169,298
Income/(loss) before income taxes $ 4,853 $ 1,339 $ 1,064 $ (7,325) $ 8,387
Provision/(credit) for income taxes 937 123 342 (2,064) 2,750
Minority interests in net income of subsidiaries 282 314 367 24 127
Income/(loss) from continuing operations 3,634 902 355 (5,285) 5,510
Income/(loss) from discontinued operations (147) (143) (333) (168) (2,043)
Cumulative effects of change in accounting principle - (264) (1,002) - -
Net income/(loss) $ 3,487 $ 495 $ (980) $ (5,453) $ 3,467
Automotive sector
Sales $ 147,134 $ 138,260 $ 134,120 $ 130,601 $ 140,621
Operating income/(loss) (177) (1,556) (604) (7,471) 5,276
Income/(loss) before income taxes (155) (1,908) (1,054) (8,762) 5,421
Financial Services sector
Revenues $ 24,518 $ 26,078 $ 28,138 $ 30,053 $ 28,677
Income/(loss) before income taxes 5,008 3,247 2,118 1,437 2,966
Total Company Data Per Share of Common
and Class B Stock a/
Basic:
Income/(loss) from continuing operations $ 1.99 $ 0.49 $ 0.19 $ (2.93) $ 3.73
Income/(loss) from discontinued operations (0.08) (0.08) (0.19) (0.09) (1.39)
Cumulative effects of change in accounting principle - (0.14) (0.55) - -
Net income/(loss) $ 1.91 $ 0.27 $ (0.55) $ (3.02) $ 2.34
Diluted:
Income/(loss) from continuing operations $ 1.80 $ 0.49 $ 0.19 $ (2.93) $ 3.66
Income/(loss) from discontinued/held-for-sale operations (0.07) (0.08) (0.18) (0.09) (1.36)
Cumulative effects of change in accounting principle - (0.14) (0.55) - -
Net income/(loss) $ 1.73 $ 0.27 $ (0.54) $ (3.02) $ 2.30
Cash dividends b/ $ 0.40 $ 0.40 $ 0.40 $ 1.05 $ 1.80
Common stock price range (NYSE Composite)
High $ 17.34 $ 17.33 $ 18.23 $ 31.42 $ 31.46
Low 12.61 6.58 6.90 14.70 21.69
Average number of shares of Common and
Class B stock outstanding (in millions) 1,830 1,832 1,819 1,820 1,483
SECTOR BALANCE SHEET DATA AT YEAR-END
Assets
Automotive sector $ 116,422 $ 115,444 $ 102,770 $ 88,319 $ 94,312
Financial Services sector 188,919 195,279 187,432 188,224 189,078
Total assets $ 305,341 $ 310,723 $ 290,202 $ 276,543 $ 283,390
Long-term Debt
Automotive sector $ 17,458 $ 18,987 $ 13,607 $ 13,467 $ 11,769
Financial Services sector 89,082 100,764 106,505 106,741 86,877
Total long-term debt $ 106,540 $ 119,751 $ 120,112 $ 120,208 $ 98,646
Stockholders’ Equity $ 16,045 $ 11,651 $ 5,590 $ 7,786 $ 18,610
a/ Share data have been adjusted to reflect stock dividends and stock splits. Common stock price range (NYSE Composite) has been adjusted to reflect the Visteon
spin-off, a recapitalization known as our Value Enhancement Plan, and The Associates spin-off.
b/ Adjusted for the Value Enhancement Plan effected in August 2000, cash dividends were $1.16 per share in 2000.
The following table sets forth selected financial data concerning Ford for each of the last five years (dollar amounts in millions,
except per share amounts). Prior-year amounts have been reclassified to conform to current year presentation.