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. |