US Postal Service 2008 Annual Report Download - page 67

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2008 Annual Report United States Postal Service | 67
2008 Quarter 1 Quarter 2 Quarter 3 Quarter 4
(Dollars in millions, unaudited)
Operating revenue $ 20,369 $ 18,916 $ 17,910 $ 17,737
Total operating expenses 19,683 19,622 19,015 19,418
Income (loss) from operations 686 (706) (1,105) (1,681)
Interest income (expense) — net (14) (1) 7 8
Net Income (loss) $ 672 $ (707) $ (1,098) $ (1,673)
2007 Quarter 1 Quarter 2 Quarter 3 Quarter 4
(Dollars in millions, unaudited)
Operating revenue $ 19,637 $ 18,277 $ 18,347 $ 18,517
Total operating expenses 22,656 19,577 18,837 19,035
(Loss) from operations (3,019) (1,300) (490) (518)
Interest income (expense) — net 48 61 37 39
Net (Loss) $ (2,971) $ (1,239) $ (453) $ (479)
Note: 2006 quarterly data was not prepared using the same standards and principles of those used in 2007 and 2008.
Therefore, it is not comparative to these years and would be misleading to include here.
Selected Quarterly Financial Data