Amtrak 2013 Annual Report Download - page 65

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National Railroad Passenger Corporation and Subsidiaries (Amtrak)
Notes to Consolidated Financial Statements (continued)
1411-1359280 26
4. Basis of Presentation and Summary of Significant Accounting Policies (continued)
Revenue Recognition
“Passenger related” revenue in the Consolidated Statements of Operations, for fiscal years 2013
and 2012, includes ticket revenue, state contribution revenue associated with requested service
provided by Amtrak, and food and beverage revenue as follows (in millions):
2013 2012
Ticket $ 2,056.2
$ 1,968.2
State contribution 187.1 179.0
Food and beverage 123.4 122.0
Total passenger related revenue $ 2,366.7
$ 2,269.2
These revenues are recognized as operating revenues when the related services are provided.
Amounts received for tickets that have been sold but not used are reflected as “Deferred ticket
revenue” in the Consolidated Balance Sheets.
“Commuter” revenue includes the revenues earned under contractual arrangements to operate
various commuter rail services for a cost-based fee.
“State capital payments” revenue includes the amortization of state funds used to acquire
depreciable assets. These state capital payments are deferred when received and amortized over
the estimated composite life of the related assets purchased with the funds. The unamortized
amounts are included in “Deferred state capital payments” in the Consolidated Balance Sheets.
“Other” revenue, for fiscal years 2013 and 2012, includes revenue from reimbursable
engineering and capital improvement activities; other transportation revenue from use of
Amtrak-owned tracks and other services; commercial development revenue from retail, parking,
advertising, real property leases/easements/sales, and right-of-way fees; freight access fee
revenue from the use of Amtrak-owned tracks by freight railroad companies; and other gains.