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The image is the profile of an eagle's head adjoining the words United States Postal Service to form the corporate signature, along with the text About

Home >Financials > 2009 Annual Report - The Challenge to Deliver > Financial Highlights

Link to "Meeting The Challenge: The Power Of The Mail"Link to contents for "Front Cover"      Link to "The Delivery Challenge: Less Mail, More Addresses"

Financial Highlights

2009 was a difficult year for both the U.S. economy and the Postal Service. As the economy weakened, mail volumes and revenue continued to decline. The Postal Service met the challenge with focused cost reductions and increased efficiency.

 

Financial Highlights

 

Years Ended September 30

Percent Change From Preceding Year

 

2009

2008

2007

2009

2008

2007

(dollars in millions, audited)

Operating revenue

$68,090

$74,932

$74,778

(9.1%)

0.2%

2.9%

Operating expenses *

$71,830

$77,738

$80,105

(7.6%)

(3.0%)

11.8%

Loss from operations

$(3,740)

$(2,806)

$(5,327)

 

 

 

Operating margin

(5.5%)

(3.7%)

(7.1%)

 

 

 

Net loss

$(3,794)

$(2,806)

$(5,142)

 

 

 

Purchases of capital property and equipment

$1,839

$1,995

$2,715

(7.8%)

(26.5%)

3.2%

Debt

$10,200

$7,200

$4,200

 

 

 

Interest expense

$80

$36

$10

 

 

 

Capital contributions of U.S. government since reorganization

$3,087

$3,034

$3,034

 

 

 

Deficit since reorganization

$(8,500)

$(4,706)

$(1,900)

 

 

 

Total net (deficiency) capital

$(5,413)

$(1,672)

$1,134

 

 

 

(unaudited)

Number of career employees

623,128

663,238

684,762

(6.0%)

(3.1%)

(1.6%)

Mail volume (pieces in millions)

177,058

202,703

212,234

(12.7%)

(4.5%)

(0.4%)

New delivery points served

923,595

1,199,764

1,818,326

 

 

 

*The net impact of P.L. 111-68 legislation was $4 billion reduction of expenses in 2009.




Link to "Meeting The Challenge: The Power Of The Mail"Link to contents for "Front Cover"      Link to "The Delivery Challenge: Less Mail, More Addresses"
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