US Postal Service 2004 Annual Report Download - page 23

financial review
2004 annual report united states postal service | 21
Filtration฀System฀projects.฀These฀projects฀will฀provide฀a฀level฀
of฀protection฀to฀our฀employees฀and฀customers฀from฀potential฀
contamination.
Number฀of฀Employees฀
At฀year-end,฀we฀had฀707,485฀career฀employees,฀substantially฀
all฀of฀whom฀reside฀in฀the฀United฀States.฀We฀also฀had฀100,111฀
noncareer฀employees.฀See฀Operating฀Statistics฀on฀page฀54฀for฀
additional฀detail.
Available฀Information฀
The฀United฀States฀Postal฀Service฀is฀not฀subject฀to฀the฀informa-
tional฀requirements฀of฀the฀Securities฀Exchange฀Act฀of฀1934฀
(Exchange฀Act).฀We฀do฀not฀file฀periodic฀reports,฀proxy฀state-
ments฀or฀other฀information฀with฀the฀SEC.
Financial฀and฀other฀information฀can฀be฀accessed฀on฀the฀“About฀
USPS฀and฀News”฀section฀of฀our฀ website฀ at฀ usps.com.฀We฀
make฀available,฀free฀of฀charge,฀copies฀of฀our฀annual฀report,฀as฀
soon฀as฀reasonably฀practicable฀after฀it฀is฀produced.฀Copies฀of฀
financial฀and฀other฀information฀are฀available฀free฀of฀charge฀by฀
sending฀a฀request฀to฀United฀States฀Postal฀Service฀Public฀Affairs฀
and฀Communications,฀475฀L’Enfant฀Plaza,฀SW,฀Washington,฀DC฀
20260-5241.฀
Information฀ on฀ our฀ website฀ is฀ not฀ incorporated฀ into฀ this฀
document.฀
Item 2. Properties
The฀Postal฀Service฀currently฀controls฀more฀than฀34,000฀leased฀
or฀owned฀facilities฀in฀the฀United฀States,฀its฀possessions,฀and฀
territories.฀We฀also฀contract฀with฀almost฀3,000฀more฀locations฀
to฀distribute฀our฀products.฀The฀size฀of฀our฀facilities฀range฀from฀
fifty฀square฀feet฀to฀as฀large฀as฀33.7฀acres฀under฀one฀roof.฀The฀
types฀of฀real฀estate฀include,฀but฀are฀not฀limited฀to,฀standard฀Post฀
Offices,฀carrier฀facilities,฀mail฀processing฀plants,฀retail฀outlets,฀
business฀office฀space,฀warehouse฀space,฀vehicle฀maintenance฀
facilities,฀and฀other฀permanent฀or฀temporary฀space.฀The฀vast฀
majority฀of฀these฀facilities฀are฀Post฀Offices,฀stations,฀branches,฀
and฀carrier฀annexes.฀We฀have฀416฀processing฀and฀distribution฀
facilities฀and฀bulk฀mail฀facilities,฀and฀25฀other฀facilities฀primarily฀
devoted฀to฀logistics฀and฀transportation฀management.
Real฀estate฀inventory 2004
Owned฀facilities 8,807
Owned฀interior฀square฀feet 215,293
Owned฀land฀in฀square฀feet 939,056
Leased฀facilities 25,413
Leased฀interior฀square฀feet 97,817
GSA/other฀government฀facilities 425
GSA/other฀government฀interior฀square฀feet 4,194
Annual฀rent฀paid฀to฀lessors $946
We฀ have฀ one฀ of฀ the฀ largest฀ vehicle฀ fleets฀ in฀ the฀ country,฀
including฀an฀extensive฀fleet฀of฀alternative฀fuel฀vehicles.
Vehicle฀inventory 2004
1/2-Ton฀Trucks 179,508
2฀and฀1/2-Ton฀Trucks 7,484
Trailers 4,683
Service฀Vehicles 5,379
Administrative฀Vehicles 5,546
All฀other 9,538
Total฀Owned 212,138
Item 3. Legal proceedings
We฀are฀subject฀to฀various฀claims฀and฀liabilities฀that฀arise฀in฀
the฀ordinary฀and฀normal฀course฀of฀postal฀operations.฀These฀
claims฀generally฀cover฀labor,฀tort,฀and฀contract฀disputes฀and฀
are฀regularly฀reviewed฀by฀management฀and,฀where฀significant,฀
by฀the฀Audit฀and฀Finance฀Committee฀of฀the฀Board฀of฀Governors,฀
or฀the฀full฀Board฀of฀Governors.฀In฀our฀evaluation,฀no฀single฀claim฀
is฀material฀to฀our฀financial฀statements฀taken฀as฀a฀whole.฀We฀
have฀accrued฀in฀our฀financial฀statements฀of฀September฀30,฀
2004,฀the฀estimated฀impact฀of฀those฀claims฀we฀think฀it฀prob-
able฀we฀will฀pay.
Item 4. Submission of matters to a vote of
security holders
Not฀applicable฀to฀this฀report.
Part I
Americans฀on฀the฀move.฀In฀2004฀we฀
processed฀43฀million฀changes฀of฀address.฀
(Square฀feet฀in฀thousands)฀(Dollars฀in฀millions)