Document YDN2YyDgRbRGadwy3JJ0YBBD0

Dana Corporation Page 100 of 176 Table of Contents Statement of Income Information: Net sales Gross profit Net income Dana's share of net income Financial Position Information: Current assets Noncurrent assets Current liabilities Noncurrent liabilities Net worth Dana's share of net worth 2003 2002 2001 $1,929 294 107 32 $1,724 306 109 32 $1,616 293 126 23 $ 802 1,255 559 587 911 586 $ 668 994 423 464 774 495 At December 31, 2003, we had guaranteed $1 of short-term borrowings of a non-U. S. manufacturing affiliate accounted for under the equity method of accounting. The principal components of DCC's investments in equity affiliates engaged in leasing and financing activities (those with an investment balance exceeding $20) at December 31, 2003 follow. Investment Ownership DCL Leasing Partners LP Express Stop Financing Indiantown Cogeneration LP Pasco Cogen Ltd. Provident Auto Leasing Investor LLC Scrubgrass Generating Co. Terabac Investors LP Triumph Trust 49.9% 50.0 15.0 50.1 30.4 30.0 79.0 66.4 With the exception of Express Stop Financing, the DCC investments relate to special purpose entities as opposed to operating entities. At December 31, 2003 the investment in the affiliated entities presented above was $298. Our aggregate investment at December 31, 2003 for all DCC affiliates that engage in financing activities was $388. Summarized combined financial information of all of our equity affiliates engaged in lease financing activities follows. 2003 2002 2001 Statement of Income Information: Lease finance and other revenue Net Income DCC's share of net income $ 164 71 31 $ 146 39 34 $170 (18) (1) http://www.sec.gov/Archives/edgar/data/26780/000095015204001384/105571ael0vk.htm 8/1/2004