US Postal Service 2012 Annual Report Download - page 79

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2012 Report on Form 10-K United States Postal Service- 78 -
STATEMENTS OF OPERATIONS
(Dollars in millions)
Operating revenue $ 65,223 $ 65,711 $ 67,052
Operating expenses
Compensation and benefits 47,689 48,310 48,909
Retiree health benefits 13,729 2,441 7,747
Workers' compensation 3,729 3,672 3,566
Transportation 6,630 6,389 5,878
Other 9,187 9,822 9,326
Total operating expenses 80,964 70,634 75,426
Loss from operations (15,741) (4,923) (8,374)
Interest and investment income 25 28 25
Interest expense (190) (172) (156)
Net loss $ (15,906) $ (5,067) $ (8,505)
See accompanying notes to the financial statements
2012 2011 2010
Years Ended September 30,