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Statements of Operations

Years Ended September 30,


blank 2007 2006 2005
(Dollars in millions)
Operating revenue $ 74,778 $    72,650
$    69,907
Operating expenses:
Compensation and benefits 54,186 54,665 52,449
Retiree health benefits 10,084 1,637 1,495
Transportation 6,502 6,045 5,437
Other 9,333 9,334 8,900
Total operating expenses 80,105 71,681
68,281

(Loss) Income from Operations
(5,327) 969 1,626
Interest and investment income 195 167

86
Interest expense on deferred retirement obligations (231) (263)
Other interest expense (10) (5) (4)
Net (Loss) Income $ (5,142) $    900 $    1,445

See accompanying notes to the financial statements

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