Ford 2013 Annual Report Download - page 147

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Ford Motor Company | 2013 Annual Report 145
Selected Financial Data
On January 1, 2010, we adopted the new accounting standard regarding consolidation of variable interest entities
(“VIEs”). We have applied the standard retrospectively to periods covered in this Report, and present prior-year financial
statement data on a basis that is revised for the application of this standard. In addition, we have reclassified certain prior
year amounts on our consolidated financial statements to conform to current year presentation. The following table sets
forth selected financial data for each of the last five years (dollar amounts in millions, except for per share amounts):
SUMMARY OF INCOME 2013 2012 2011 2010 2009
Total Company
Revenues $ 146,917 $ 133,559 $ 135,605 $ 128,122 $ 115,125
Income/(Loss) before income taxes $ 7,001 $7,720 $8,681 $7,149 $ 2,599
Provision for/(Benefit from) income taxes (147)2,056 (11,541) 592 (113)
Income/(Loss) from continuing operations 7,148 5,664 20,222 6,557 2,712
Income/(Loss) from discontinued operations — — — — 5
Net income/(loss) 7,148 5,664 20,222 6,557 2,717
Less: Income/(Loss) attributable to noncontrolling interests (7) (1) 9(4) —
Net income/(loss) attributable to Ford Motor Company $ 7,155 $5,665 $20,213 $6,561 $ 2,717
Automotive Sector
Revenues $ 139,369 $ 126,567 $ 128,168 $ 119,280 $ 103,868
Income/(Loss) before income taxes 5,329 6,010 6,250 4,146 785
Financial Services Sector
Revenues $ 7,548 $6,992 $7,437 $8,842 $ 11,257
Income/(Loss) before income taxes 1,672 1,710 2,431 3,003 1,814
Amounts Per Share Attributable to Ford Motor Company Common and Class B Stock
Average number of shares of Ford Common and Class B Stock outstanding
(in millions) 3,935 3,815 3,793 3,449 2,992
Basic income/(loss) $ 1.82 $1.48 $5.33 $1.90 $0.91
Diluted income/(loss) 1.76 1.42 4.94 1.66 0.86
Cash dividends declared 0.40 0.15 0.05 — —
Common Stock price range (NYSE Composite Intraday)
High 18.02 13.08 18.97 17.42 10.37
Low 12.10 8.82 9.05 9.75 1.50
SECTOR BALANCE SHEET DATA AT YEAR-END
Assets
Automotive sector $ 90,326 $86,458 $78,786 $ 64,606 $ 79,118
Financial Services sector 115,057 105,012 100,612 102,407 118,040
Intersector elimination (1,631) (252) (1,112) (2,083) (3,224)
Total assets $ 203,752 $ 191,218 $ 178,286 $ 164,930 $ 193,934
Debt
Automotive sector $ 15,683 $14,256 $13,094 $ 19,077 $ 33,610
Financial Services sector 99,005 90,802 86,595 85,112 98,671
Intersector elimination (a) — — (201)(201) (646)
Total debt $ 114,688 $ 105,058 $ 99,488 $ 103,988 $ 131,635
Total Equity/(Deficit) $26,416 $15,989 $15,071 $(642) $ (7,782)
__________
(a) Debt related to Ford’s acquisition of Ford Credit debt securities.
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