Ford 2008 Annual Report Download - page 34

Download and view the complete annual report

Please find page 34 of the 2008 Ford annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 148

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148

Management’s Discussion and Analysis of Financial Condition and Results of Operations
32 Ford Motor Company | 2008 Annual Report
&7! 72 7$!7!72-!.7,! 7.73,!73.7(. 7.7 .!7 7 ! !(7
(. 87!-$!7.7 ! !77$7.3!-! 7 7.7!(!;77&7! 72 7!3! 7 7.2 77
!(!7E 7 .7!(!7..3-7--7!7 )5777227.7-.77" )87$3% 7 7 .!7-!2! 7
1 !;77'7.! !87 7! 72 7 .!7.7-!$!! 7(. 7$!!7$7 72.! .!7.72!!2$277
=F73!--!7!7 7.. 772 !7.87.7$!(.- 87-.7.72.) .3-7$! !7.7 9 27/7
. 7.<7.(.!-.3!-! 7$7 7(-(!7! 7.!-! ;7
7
4! 7 7 7 73,!73.7(. 87,7.7$!7 7-!2! 7 7$  .!7.2$ 773 7$7 7! 7
2 7.7,--7.7 .!72! 7.! !.-7!3 7$737 7--. .-7!37.3(7$7 . 7 7
 .-73 7$  .!77 717 7(.-$77 7--. .-7.7.-$-. 7!7..7,! 7 7! 72 7
E 7:,!7.7(.-$:5;77
7
&7--,!7 .3-7(!7 .!-77,!7.7(.-$77(.!$7. !77--. .-7E!72!--!871 7
 .5O7
7
(OLJLEOH9DOXHD
(OLJLEOH9DOXHD(OLJLEOH9DOXHD
(OLJLEOH9DOXHD
$GYDQFH5DWH
$GYDQFH5DWH$GYDQFH5DWH
$GYDQFH5DWH
%RUURZLQJ%DVH
%RUURZLQJ%DVH%RUURZLQJ%DVH
%RUURZLQJ%DVH

86UHFHLYDEOHV
  
86LQYHQWRU\ 
  
3OHGJHRILQWHUFRPSDQ\QRWHV  1$ 
3OHGJHRIHTXLW\LQ)RUG&UHGLWDQGFHUWDLQIRUHLJQVXEVLGLDULHVQHW
RILQWHUFRPSDQ\WUDQVDFWLRQV   
86SURSHUW\SODQWDQGHTXLSPHQWVXEMHFWWRLQGHQWXUHOLPLWDWLRQ
 1$ 
2WKHU86PDFKLQHU\DQGHTXLSPHQW 
  
,QWHOOHFWXDOSURSHUW\DQG86WUDGHPDUNVE
 1$ 
 
(OLJLEOHYDOXHERUURZLQJEDVH    
N
NNNNNNNN7
D %DVHGRQIRUPXODVVHWIRUWKLQWKH&UHGLW$JUHHPHQWDQGQRWQHFHVVDULO\LQGLFDWLYHRIIDLUPDUNHWYDOXHZKLFKFRXOGEHPDWHULDOO\
KLJKHURUORZHUUHFHLYDEOHVLQYHQWRU\LQWHUFRPSDQ\QRWHVDQGSURSHUW\SODQWDQGHTXLSPHQWUHIOHFWQHWERRNYDOXHDW
'HFHPEHUHTXLW\RI)RUG&UHGLWLVEDVHGRQLWVERRNYDOXHDW'HFHPEHUQHWRIFHUWDLQLQWHUFRPSDQ\WUDQVDFWLRQV
DQGHTXLW\LQRWKHUVXEVLGLDULHVLVEDVHGRQDPXOWLSOHRIWKHLUWZR\HDUDYHUDJH(%,7'$OHVVGHEW
E 9DOXHUHIOHFWVLQGHSHQGHQWWKLUGSDUW\YDOXDWLRQRIWUDGHPDUNV
77237D@87B>>K87 7,!7.7(.-$7.7 7  .-7$  .!7.2$ 773 7$737--. .-7
,7=BD8@KD72!--!7.7=J8DGF72!--!87 !(-87,!7$- 7!7--. .-7(.7. !77D;@G7 7@;777.77
2.7.%$ 73.!7 7 .)7! 7.$ 7 7=@>;@73!--!7(-(!7-.7.(.7 7$773$.7D87B>>M87 7
$- !7--. .-7(.7. !7,$-7.(737@;DD7 7@7. 7237D@87B>>K;777
7
&73,!73.7!.737=@;@73!--!7(7237D@87B>>J7!2.!-7$7 7!2(7$! 7!77
..7";;7.7 7!-$!777$ -.7#-!8723#7 7. !.--737 77$. 7 72!.7
!17. 7!2.!2 87-!2!. !77 .!7! 2.7 7.7.7$- 77 7+.$.7.7(7!( ! $87.7
$ !7!7 72!.7!( 7-(-;7
2
'7.! !7 7$ 2.7.2 87 . !873.)$ 87.7%$2 7.$- 87 7! 72 7 .!7
9.2 7.79.-. !7.$- 7,! 7 7 7 73 773,7287.7.7.7!7 -7
.$- ;7
7
22+*6771-$!7$7$7(-(!7! 7.!-! 7!$7.3(87. 7237D@87B>>K87,7.7
=JBB72!--!77 7 . $.--922! 7$ 2 !(7! 7.!-! !7,! 7!.!.-7! ! $ !87!-$!7=@F@72!--!77
,-,!7$ 2 !(7$$7! 7.!-! !7.7=GK@72!--!77-.-7! 7.!-! !7 7!7$ 2 !(7.!-!. ;77
7 7=@MG72!--!73,7$7 7-!872 72. $7!7B>>M;777 7=GBJ72!--!7.(.!-.3-77$87=@B@72!--!7
.722! 7 $7+$7D>87B>>M87=BG72!--!7.722! 7 $7+$7D>87B>@>87=DBJ72!--!7.722! 7
$7!-7@87B>@B87.7 72.!71!737+$7D>87B>>M;777
2