American Airlines 2002 Annual Report Download - page 50

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48
AMR CORPORATION
CONSOLIDATED STATEMENTS OF OPERATIONS
(in millions, except per share amounts)
Year Ended December 31,
2002 2001 2000
Revenues
Passenger - American Airlines $ 14,440 $ 15,780 $ 16,394
- AMR Eagle 1,332 1,378 1,452
Cargo 561 662 721
Other revenues 966 1,143 1,136
Total operating revenues 17,299 18,963 19,703
Expenses
Wages, salaries and benefits 8,392 8,032 6,783
Aircraft fuel 2,562 2,888 2,495
Depreciation and amortization 1,366 1,404 1,202
Other rentals and landing fees 1,198 1,197 999
Commissions, booking fees and credit card expense 1,125 1,509 1,651
Maintenance, materials and repairs 1,108 1,165 1,095
Aircraft rentals 840 829 607
Food service 698 778 777
Other operating expenses 2,632 3,021 2,713
Special charges 718 1,466 -
U.S. Government grant (10) (856) -
Total operating expenses 20,629 21,433 18,322
Operating Income (Loss) (3,330) (2,470) 1,381
Other Income (Expense)
Interest income 71 110 154
Interest expense (685) (538) (467)
Interest capitalized 86 144 151
Miscellaneous – net (2) (2) 68
(530) (286) (94)
Income (Loss) From Continuing Operations Before
Income Taxes, Extraordinary Loss and Cumulative
Effect of Accounting Change (3,860) (2,756) 1,287
Income tax provision (benefit) (1,337) (994) 508
Income (Loss) From Continuing Operations Before
Extraordinary Loss and Cumulative Effect of
Accounting Change (2,523) (1,762) 779
Income From Discontinued Operations, Net of
Applicable Income Taxes and Minority Interest --43
Income (Loss) Before Extraordinary Loss and
Cumulative Effect of Accounting Change (2,523) (1,762) 822
Extraordinary Loss, Net of Applicable Income Taxes --(9)
Cumulative Effect of Accounting Change, Net of
Applicable Income Taxes (988) - -
Net Earnings (Loss) $ (3,511) $ (1,762) $ 813
Continued on next page.