Amtrak 2012 Annual Report Download - page 48

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notably the cost of electric power for propulsion of the electric locomotive fleet in the NEC, expenses
incurred for ticket sales using credit cards, property and liability insurance, financing related costs, and
bank and armored car fees.
Base Activity:
The FY12 base budget request is $228.0M an increase of $16.5M over the FY11 actual.
o $2.1M is inflation primarily related to salaries, wages and propulsion.
o NEC Advisory Commission $4.2M (cost will be offset by reimbursable revenue)
o $4.6M increase is for propulsion
o $3.0M for salaries (includes employees returning from SAM implementation)
o $1.1M for Benefits
o Reduction to Professional fees ($1.5M)
New Activity:
FY12 budget contains $3.7M of financing costs for locomotive acquisition and Strategic Asset
Management implementation savings of ($0.9M).
Finance - Operating Expenses Summary FY10-
FY12
$ millions
FY10
Actual
FY11
Actual
FY12
Budget $%
Salaries $14.2 $15.3 $17.9 $2.6 16.7%
Wages & Overtime $4.7 $4.9 $4.3 ($0.6) -12.0%
Employee Benefits $10.2 $11.0 $11.3 $0.3 2.7%
Employee Related $0.3 $0.5 $0.6 $0.1 22.9%
Salaries, Wages and Benefits $29.4 $31.6 $34.0 $2.4 7.5%
Fuel, Power, & Utilities $103.2 $90.7 $93.5 $2.8 3.1%
Facility, Communication, & Office $2.9 $2.4 $2.7 $0.2 9.6%
Advertising and Sales $36.7 $41.2 $43.8 $2.6 6.4%
Casualty and Other Claims Total $0.2 $0.1 $0.2 $0.1 71.5%
Professional Fees $6.9 $5.7 $7.0 $1.3 22.0%
Data Processing Services and Supplies $0.7 $1.2 $0.9 ($0.3) -21.5%
Financial $44.6 $38.9 $43.2 $4.3 11.0%
Indirect Costs Capitalized To P&E $0.0 ($0.4) $0.0 $0.4 -100.0%
Total Operating Expenses $224.5 $211.5 $225.3 $13.8 6.5%
FY12 Incr/(Decr) vs FY11
FY2012 Budget Post Board 1.20.12.doc 48 of 79