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(Dollars in billions)

	1999*	1998*	1997*	1996*	1995*
Statements of Operations
Total revenue	$62.8	$60.1	$58.3	$56.6	$54.5
Total expense	62.4	59.5	57.0	55.0	52.7
Net income (loss)	$0.4	$0.6	$1.3	$1.6	$1.8
(Dollars in millions)
Operating revenue	$62,655	$60,005	$58,133	$56,309	$54,176
Revenue forgone appropriation	71	67	83	93	117
Total operating revenue	62,726	60,072	58,216	56,402	54,293
Compensation and benefits	47,333	45,596	44,093	42,676	41,931
Other expenses	13,309	12,190	11,038	10,437	8,799
Total operating expenses	60,642	57,786	55,131	53,113	50,730
Income from operations	2,084	2,286	3,085	3,289	3,563
Interest and investment income	29	44	115	142	216
Interest expense on deferred retirement obligations	(1,592)	(1,613)	(1,629)	(1,496)	(1,443)
Other interest expense	(158)	(167)	(307)	(368)	(566)
Emergency preparedness, net	-	-	-	-	-
Net income (loss)	$363	$550	$1,264	$1,567	$1,770
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Balance Sheets
Assets
Current Assets	$1,296	$1,893	$1,736	$1,670	$2,975
Property and equipment, deferred retirement costs and other assets	54,713	53,015	51,675	50,157	46,146
Total Assets	$56,009	$54,908	$53,411	$51,827	$49,121
Liabilities
Current liabilities	$15,436	$15,278	$14,107	$12,796	$11,499
Other liabilities	37,466	37,652	37,439	37,746	34,794
Long-term debt	3,554	2,788	3,225	3,909	7,019
Equity	(447)	(810)	(1,360)	(2,624)	(4,191)
Total liabilities and net capital (deficiency)	$56,009	$54,908	$53,411	$51,827	$49,121
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Changes in Net Capital (Deficiency)
Beginning balances
Capital contributions of the U.S. government	$3,034	$3,034	$3,034	$3,034	$3,034
Equity (Deficit) since reorganization	(3,844)	(4,394)	(5,658)	(7,225)	(8,995)
Total beginning balance net capital (deficiency)	(810)	(1,360)	(2,624)	(4,191)	(5,961)
Net income (loss)	363	550	1,264	1,567	1,770
Ending balance	$(447)	$(810)	$(1,360)	$(2,624)	$(4,191)

* Certain reclassifications have been made to previously reported amounts.