Harley-Davidson permanently ceases production of Buell motorcycles

----
$9,353,068 $7,828,625 $7,199,737
========== ========== ==========

(2) During the second quarter of 2009, the Company reclassified its
finance receivables held for sale to finance receivables held for
investment, net due to a change in the Company’s intent to structure
future securitization transactions in a manner that does not qualify
for accounting sale treatment under the provisions of Statement of
Financial Accounting Standards No. 140, "Accounting for Transfers and
Servicing of Financial Assets and Extinguishment of Liabilities."



Harley-Davidson, Inc.
Condensed Consolidated Statements of Cash Flows
(In thousands)
(Unaudited)

Nine months ended
September 27, September 28,
2009 2008

 --- ----

Net cash provided
by (used by)
operating
activities $511,052 $(221,222)

Cash flows from
Investing
activities:
Capital
expenditures (89,411) (153,687)
Finance
receivables held
for investment,
net (519,916) (111,250)
Collection of
retained
securitization
interests 45,843 75,379
Net change in
marketable
securities - 2,019
Acquisition of
business, net of
cash acquired - (95,224)
Other, net (4,566) (1,192)