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2013 Report on Form 10-K United States Postal Service 103
NOTE 13 — SELECTED QUARTERLY FINANCIAL DATA
2013
(Dollars in millions, unaudited)
Operating revenue
$
17,660
$
16,348
$
16,177
$
17,133
Total operating expenses 18,880 18,173 16,876 18,199
Loss from operations
(1,220)
(1,825)
(699)
(1,066)
Interest expense - net
(44)
(41)
(41)
(41)
Net Loss
$
(1,264)
$
(1,866)
$
(740)
$
(1,107)
2012
(Dollars in millions, unaudited)
Operating revenue
$
17,677
$
16,227
$
15,613
$
15,706
Total operating expenses
a
20,923
19,364
20,755
19,922
Loss from operations
(3,246)
(3,137)
(5,142)
(4,216)
Interest expense - net
(41)
(40)
(43)
(41)
Net Loss
$
(3,287)
$
(3,177)
$
(5,185)
$
(4,257)
2011
(Dollars in millions, unaudited)
Operating revenue
$
17,877
$
16,234
$
15,766
$
15,834
Total operating expenses
18,167
18,426
18,831
15,210
b
(Loss) Income from operations
(290)
(2,192)
(3,065)
624
Interest expense - net
(39)
(36)
(35)
(34)
Net (Loss) Income
$
(329)
$
(2,228)
$
(3,100)
$
590
Quarter 1
Quarter 2
Quarter 3
Quarter 4
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Quarter 2
Quarter 3
Quarter 4
b - Includes the impact of the $5.5 billion reduction in the PSRHBF contribution due to P.L. 112-33.
a - Includes the impact of the $5.5 billion increase in PSRHBF contribution due to P.L. 112-33 w hich changed the due date of the
scheduled payment of $5.5 billion originally due by September 30, 2011 to be due by August 1, 2012. In addition, it also includes
the regularly scheduled $5.6 billion contribution to the PSRHBF required by P.L. 109-435.
Quarter 1
Quarter 2
Quarter 3
Quarter 4