Ford Reports Q1 2006 Financial Results

Prior year amounts have been revised to reflect a reclassification between Financial Services sector Cash and cash equivalents and Marketable securities as of December 31, 2005.


                     FORD MOTOR COMPANY AND SUBSIDIARIES

                             SECTOR BALANCE SHEET
                                (in millions)

                                                    March 31,    December 31,
                                                      2006           2005
                                                   (unaudited)
    ASSETS
    Automotive
    Cash and cash equivalents                        $10,104        $13,388
    Marketable securities                              9,044          6,860
    Loaned securities                                  3,160          3,461
     Total cash, marketable and loaned securities     22,308         23,709
    Receivables, net                                   3,279          3,061
    Inventories                                       11,962         10,271
    Deferred income taxes                              1,083          1,187
    Other current assets                               9,049          8,177
    Current receivable from Financial Services           324              -
     Total current assets                             48,005         46,405
    Equity in net assets of affiliated companies       1,736          1,756
    Net property                                      40,621         40,378
    Deferred income taxes                             11,746         11,049
    Goodwill and other intangible assets               6,055          5,928
    Assets of discontinued/held-for-sale operations        -              5
    Other assets                                       8,369          8,308
     Total Automotive assets                         116,532        113,829
    Financial Services
    Cash and cash equivalents                         11,075         15,018
    Marketable securities                              5,688          3,812
    Finance receivables, net                         109,531        111,436
    Net investment in operating leases                24,411         22,951
    Retained interest in sold receivables              1,399          1,420
    Goodwill and other intangible assets                  17             17
    Other assets                                       6,909          7,457
    Current receivable from Automotive                     -             83
     Total Financial Services assets                 159,030        162,194
     Intersector elimination                            (324)           (83)
     Total assets                                   $275,238       $275,940

    LIABILITIES AND STOCKHOLDERS' EQUITY
    Automotive
    Trade payables                                                          $18,052                $16,554
        Other  payables                                                                          4,195                    4,222
        Accrued  liabilities  and  deferred  revenue                    30,191                  28,733
        Deferred  income  taxes                                                                852                        804
        Debt  payable  within  one  year                                              1,264                        978
        Current  payable  to  Financial  Services                                    -                          83
          Total  current  liabilities                                                54,554                  51,374
        Long-term  debt                                                                        16,510                  16,900
        Other  liabilities                                                                  40,135                  38,639
        Deferred  income  taxes                                                                355                        586
          Total  Automotive  liabilities                                        111,554                107,499
        Financial  Services
        Payables                                                                                      1,758                    2,037
        Debt                                                                                          133,330                136,454
        Deferred  income  taxes                                                          10,239                  10,349
        Other  liabilities  and  deferred  income                            5,186                    5,605
        Payable  to  Automotive                                                                324                            -
          Total  Financial  Services  liabilities                        150,837                154,445

        Minority  interests                                                                  1,122                    1,122

        Stockholders'  equity
        Capital  stock
          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                        4,778                    4,872
        Accumulated  other  comprehensive  income/(loss)          (3,156)                (3,562)
        Treasury  stock                                                                            (680)                    (833)
        Earnings  retained  for  use  in  business                          11,088                  12,461
          Total  stockholders'  equity                                              12,049                  12,957
          Intersector  elimination                                                        (324)                      (83)
          Total  liabilities  and  stockholders'  equity          $275,238              $275,940
 


« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7  Next Page »



Review Article Be the first to review this article

Featured Video
Editorial
Jeff RoweJeff's MCAD Blogging
by Jeff Rowe
Re-Use Your CAD: The ModelCHECK Handbook
Jobs
Business Partner Manager for Cityworks - Azteca Systems, LLC at Sandy, UT
GIS Analyst II for Air Worldwide at Boston, MA
Senior Structural Engineer for Design Everest at San Francisco, CA
Upcoming Events
Design & Manufacturing, Feb 7 - 9, 2017 Anaheim Convention Center, Anaheim, CA at Anaheim Convention Center Anaheim CA - Feb 7 - 9, 2017
Innorobo 2017 at Docks de Paris Paris France - May 16 - 18, 2017
Display Week 2017 at Los Angeles Convention Center 1201 S Figueroa St Los Angeles CA - May 21 - 26, 2017
SolidCAM: Program your CNCs directly inside your existing CAD system.



Internet Business Systems © 2016 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy Advertise