US Postal Service 2009 Annual Report Download - page 2

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Table of Contents
1 Meeting the Challenge: The Power of the Mail
2 Financial Highlights
3 The Delivery Challenge: Less Mail, More Addresses
4 The Challenge to Deliver: Letter from the Postmaster
General and CEO and the Chairman of the Board
of Governors
6 Meeting the Challenge: Innovative Products and
Pricing Incentives
8 The Challenge of a Changing Economy
10 The Challenge to Our Employees
12 The Challenge of Emerging Technologies
14 The Challenge of Sustainability
16 The Board of Governors
18 The Executive Committee
20 Message from the Audit and Finance Committee
22 Message from the Chief Financial Offi cer and
Executive Vice President
24 American Expressions: The 2010 Stamp Program
29 Business
34 Risk Factors
38 Properties
39 Management’s Discussion and Analysis of Financial
Condition and Results of Operations
59 Controls and Procedures
60 Report of Independent Registered Public
Accounting Firm
61 Financial Statements
66 Notes to the Financial Statements
80 Operating Statistics
84 Financial History Summary
85 Selected Quarterly Financial Data
86 Glossary
Year References
All references to a specifi c year or “the year” refer to
the Postal Service fi scal year ending September 30.
However, specifi c month and year references pertain
to the calendar date.