Ford Posts Third Quarter 2009 Net Income of $1 Billion; Cash Flow Turns Positive; North America Profitable

* Jaguar Land Rover's revenue of $7 billion and wholesales of 125,000 units were treated as special items in the first nine months of 2008.

** Earnings per share for special items is calculated on a basis that includes pre-tax profit, provision for taxes, less income attributable to non-controlling interests and the effect of discontinued operations; additional information regarding the method of calculating earnings per share is available in the materials supporting the November 2, 2009 conference calls at www.shareholder.ford.com.

    U.S. GAAP RECONCILIATION OF AUTOMOTIVE GROSS CASH


    (in billions)                                 Sep 30,
                                                   2009
                                                   B/(W)              Memo:
                                 Dec 31,  Sep 30, Dec 31, Memo: Sep  June 30,
                                   2008    2009    2008   30, 2008    2009
                                  ------- ------- ------- ---------   -----

    Cash and Cash Equivalents       $6.4  $10.1   $3.7      $10.6    $11.9
    Marketable Securities            9.3   14.6    5.3       11.5      9.7
    Loaned Securities                  -      -      -          -        -
                                       -      -      -          -        -
       Total Cash/Marketable &
        Loaned Securities          $15.7  $24.7   $9.0      $22.1    $21.6
    Securities-In-Transit *            -   (0.2)  (0.2)      (0.7)    (0.2)
    UAW-Ford TAA/Other              (2.3)  (0.7)   1.6       (2.5)    (0.4)
                                   -----  -----    ---      -----    -----
       Gross Cash                  $13.4  $23.8  $10.4      $18.9    $21.0
                                   =====  =====  =====      =====    =====

* The purchase or sale of marketable securities for which the cash settlement was not made by period-end and for which there was a payable or receivable recorded on the balance sheet at period-end.

    U.S. GAAP RECONCILIATION OF AUTOMOTIVE OPERATING-RELATED CASH FLOWS*

    (in billions)                                   2009
                                                    ----
                                                             First
                                        Third      O/(U)      Nine     O/(U)
                                       Quarter     2008      Months    2008
                                      ---------    -----    --------  -----

    Cash Flows from Operating
     Activities of Continuing
     Operations**                         $3.0     $8.6      $0.8     $8.0

    Items Included in
     Operating-Related Cash Flows:
    Capital Expenditures                  (1.0)     0.8      (3.4)     1.3
    Net Transactions Between
     Automotive and Financial
     Services Sectors                     (0.4)    (0.3)     (1.3)     0.1
    Net Cash Flows from
     Non-Designated Derivatives           (0.1)    (0.4)     (0.1)    (1.2)

    Items Not Included in
     Operating-Related Cash Flows:
    Cash Impact of Job Security
     Benefits & Pers. Reduction
     Program                                     0.2                -              0.7            0.2
        Pension  Contributions                                    0.1                -              0.8          (0.1)
        Tax  Refunds  and  Tax  Payments
          from  Affiliates                                            (0.2)        (0.2)          (0.5)          0.4
        Other**                                                              (0.3)          0.5            (0.4)          0.2
                                                                                  -----            ---          -----            ---
              Operating-Related  Cash  Flows              $1.3          $9.0          $(3.4)        $8.9
                                                                                    ====          ====          =====          ====
 


« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10  Next Page »



Review Article Be the first to review this article

Featured Video
Jobs
System Designer/Engineer for Bluewater at Southfield, MI
Sr Mechanical Design Engineer for Medtronic at mounds view, MN
Mechanical Design Engineer 3 for KLA-Tencor at Milpitas, CA
Director of Process Engineering. for Tekni-Plex at Toledo, OH
Geospatial Analyst - Senior for BAE Systems Intelligence & Security at Springfield, VA
Senior Mechanical Engineer for BAE Systems Intelligence & Security at Arlington, VA
Upcoming Events
Formlabs LA 3D Printing Roadshow at Munky King Lost Angeles CA - Feb 8 - 9, 2018
ESPRIT World 2018 at Indianapolis Marriott Downtown 350 West Maryland Street Indianapolis IN - Jun 11 - 15, 2018
HxGN LIVE 2018 at The Venetian Las Vegas NV - Jun 12 - 15, 2018
IMTS2018 International Manufacturing Tech Show at McCormick Place Chicago IL - Sep 10 - 15, 2018
Tebis
SolidCAM: SolidCAM SEE IT LIVE



Internet Business Systems © 2018 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — 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 PolicyAdvertise