SHOW STEP BY STEP CALCULATIONS

FORD MOTOR COMPANY AND SUBSIDIARIES CONSOLIDATED STATEMENT oF CASH FLOWS (in millions) For the years ended December 31 Cash flows from operating activities of continuing operations 2013 2014 2012 7,175 s 3,186 Depreciation and tooling amortization 6,504 7,385 Provision for credit and insurance losses Pension and OPEB Equity investment (earningsynosses in excess of dividends received Foreign currency adjustments 1,249 543) 189 Net (gain) loss on changes in investments in affiliates Stock compensation (116) 113 798 159 Net change in wholesale and other receivables 180 140 (3,044) Provision for deferred income taxes 1.178) (848) 1,063 Decrease/increase) in accounts receivable and other assets Decrease/(ncrease) in inventory 1,754 (2,040) (572) IncreaselCDecrease) in accounts payable and accrued and other liabilities Other (1401) 1.231 5,734 Net cash provided byl(used in) operating activities 0,444 14,507 Cash flows from investing activities of continuing operations Acquisitions of finance receivables and operating leases (51.673) (45.822) Collections of finance receivables and operating leases Purchases of marketable securities (48.694) (95,135 Sales and maturities of marketable seourities 118,247 93,749 Change related to Venezuelan operations (Note 1) (21 Proceeds from sales of retail finance receivables (Note 22) 141 Net cash provided by (used in) investing activities (19,731) (4.290) Cash flows from financing activities of continuing operations 1952) (1.574) Purchases of Common Stock (213) (125) Net changes in short-term debt Proceeds from issuance of other debt 40,543 Principal payments on other debt 25 Net cash provided byl(used in)financing activities Effect of exchange rate changes on cash and cash equivalents (517) (37) Net increase/(decrease) in cash and cash equivalents (1,191 Cash and cash equivalents at January 1 14,468 15.659 Net increase/(decrease) in cash and cash equivalents (1.191) 10,757 Cash and cash equivalents at December 31 14.468 s 15,659 The accompanying notes are part of the financial statements