Analyze Ford Motors Company 2012 income statement. Analyze Ford Motor Company\'s

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Analyze Ford Motors Company 2012 income statement.

Analyze Ford Motor Company's 2012 Income Statement. Statement shown below:



Ford Motor Co. (DE) (NYS: F) Exchange rate used is that of the Year End reported date As Reported Annual Income Statement Report Date 12/31/2013 12/31/2012 12/31/2011 Currency USD USD USD Audit Status Not Qualified Not Qualified Not Qualified Consolidated Yes Yes Yes Scale Millions Millions Millions Automotive revenues 139369 126567 128168 Financial services revenues 7548 7685 8096 Total revenues 146917 134252 136264 Automotive cost of sales 125234 112578 113345 Selling, administrative & other expenses 13176 12182 11578 Financial Services interest expense 2860 3115 - Interest expense - - 4431 Financial services provision for credit & insurance losses 208 86 -33 Total costs & expenses 141478 127961 129321 Automotive interest expense 829 713 - Interest income 163 272 387 Realized & unrealized gains (losses) on cash equivalents & marketable securities 190 85 -77 Gains (losses) on the sale of held-for-sale operations, equity & cost investments, & other dispositions - - 436 Gains (losses) on the sale of held-for-sale operations, equity & cost investments, business combinations, & other dispositions - 594 - Gains (losses) on changes in investments in affiliates -113 - - Gains (losses) on extinguishment of debt -18 - -60 Royalty income 577 - - Other non-operating income, net 175 234 139 Automotive interest income & other income (loss), net 974 1185 825 Financial services other loss (income), net -348 -369 -413 Equity in net income (loss) of affiliated companies 1069 588 500 Income (loss) before income taxes 7001 7720 8681 Current provision for (benefit from) income taxes - federal -19 4 -4 Current provision for (benefit from) income taxes - non-U.S. 302 270 298 Current provision for (benefit from) income taxes - state & local -40 3 -24 Total current provision for (benefit from) income taxes 243 277 270 Deferred provision for (benefit from) income taxes - federal -200 2076 -9785 Deferred provision for (benefit from) income taxes - non-U.S. 321 -126 -1590 Deferred provision for (benefit from) income taxes - state & local -511 -171 -436 Total deferred provision for (benefit from) income taxes -390 1779 -11811 Provision for (benefit from) income taxes -147 2056 -11541 Income (loss) from continuing operations - - 20222 Net income (loss) 7148 5664 20222 Less: income (loss) attributable to noncontrolling interests 7 1 -9 Net income (loss) attributable to Ford Motor Company 7155 5665 20213 Weighted average shares outstanding-basic 3935 3815 3793 Weighted average shares outstanding-diluted 4087 4015 4111 Year end shares outstanding 3943.822 3922.248 3922.248 Income (loss) per share from continuing operations-basic - - 5.33 Net income (loss) per share-basic 1.82 1.48 5.33 Income (loss) per share from continuing operations-diluted - - 4.94 Net income (loss) per share-diluted 1.76 1.42 4.94 Cash dividends declared 0.4 0.15 0.05 Total number of employees 181000 171000 164000 Number of common stockholders 143770 151240 158445 Number of class B stockholders 39 66 81

Explanation / Answer

According to the given Income statement, here the total revenue in the year 2011 is $136,264, but it was fallen in 2012 and again it was showing an increase trend in the year 2013 i.e. $146,917. It is a positive sign to the Ford Motor company.

Even though the total revenues are good but the net income of the firm is decreasing from the year 2011 to 2013. It is showing in the year 2011 is $20,213 and decreased in the year 2012 of $5,664 and again increased to $7,155. Hence, here it is identified there is a drastic change in net income of the firm. The net income is decreased from $20,213 to $7,155. The net income difference between the year from 2011 to 2013 is [$20,213 - $7,155] $13,058. Here, the net income per share is also decreased from $5.33 to $1.82.

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