Very good, thanks. With increased vehicle sales the 5% that is mentioned will bring in more revenue and profits.
Our guidance today is unchanged from our earnings announcement. In terms of our financial performance, we expect total company pretax profit to be about equal to or higher than last year. This would mark the fourth consecutive year of total company pre-tax operating profit at or better than $8 billion. We also expect automotive operating margins to be about equal to 2012 and this also would represent the fourth consecutive year of automotive operating margins at or better than 5%.
And finally we expect automotive operating related cash flow to be substantially higher than 2012 including capital spending of about $7 billion this also would be the fourth consecutive year of very robust operating related cash flows. Beyond this year and as already mentioned we continue to work toward our mid decade outlook which is aligned to our One Ford plan and the capital strategy outlined here today. - See more at: http://www.earningsimpact.com/Transcript/82802/F/Ford-Motor-Company---J-P--Morgan-2013-Automotive-Conference/Page/7#sthash.LXnBakeN.dpuf
bottom line: expect better than 8b, as stated. Assume minimum of 5% , conservative.
Market Data 
Markets 
AI
