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Statements of Operations

Years Ended September 30,

 

2008

2007

2006

(Dollars in millions)

Operating revenue

$ 74,932

$74,778

$72,650

Operating expenses:

Compensation and benefits

53,585

54,186

54,665

Retiree health benefits

7,407

10,084

1,637

Transportation

6,961

6,502

6,045

Other

9,785

9,333

9,334

Total operating expenses

77,738

80,105

71,681

(Loss) Income from operations


(2,806)


(5,327)


969


Interest and investment income

36

195

167

Interest expense on deferred retirement obligations

(231)

Other interest expense

(36)

(10)

(5)

Net (Loss) Income

$ (2,806)

$ (5,142)

$ 900

See accompanying notes to the financial statements.

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