US Postal Service 2009 Annual Report Download - page 63

Download and view the complete annual report

Please find page 63 of the 2009 US Postal Service annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 92

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92

2009 Annual Report United States Postal Service | 61
Statements of Operations
(dollars in millions)
Years Ended September 30,
2009 2008 2007
Operating revenue $ 68,090 $ 74,932 $ 74,778
Operating expenses:
Compensation and benefi ts 53,154 53,585 54,186
Retiree health benefi ts 3,390 7,407 10,084
Transportation 6,026 6,961 6,502
Other 9,260 9,785 9,333
Total operating expenses 71,830 77,738 80,105
Loss from operations (3,740) (2,806) (5,327)
Interest and investment income 26 36 195
Interest expense (80) (36) (10)
Net Loss $ (3,794) $ (2,806) $ (5,142)
See accompanying notes to the fi nancial statements.
FINANCIAL STATEMENTS