American Airlines 2006 Annual Report Download - page 53

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49
AMR CORPORATION
CONSOLIDATED STATEMENTS OF OPERATIONS
(in millions, except per share amounts)
Year Ended December 31,
2006 2005 2004
Revenues
Passenger - American Airlines $ 17,862 $ 16,614 $ 15,021
- Regional Affiliates 2,502 2,148 1,876
Cargo 827 784 738
Other revenues 1,372 1,166 1,010
Total operating revenues 22,563 20,712 18,645
Expenses
Wages, salaries and benefits 6,813 6,755 6,719
Aircraft fuel 6,402 5,615 3,969
Other rentals and landing fees 1,283 1,262 1,187
Depreciation and amortization 1,157 1,164 1,292
Commissions, booking fees and credit card expense 1,076 1,113 1,107
Maintenance, materials and repairs 971 985 961
Aircraft rentals 606 591 609
Food service 508 507 558
Other operating expenses 2,687 2,809 2,377
Total operating expenses 21,503 20,801 18,779
Operating Income (Loss) 1,060 (89) (134)
Other Income (Expense)
Interest income 279 149 66
Interest expense (1,030) (957) (871)
Interest capitalized 29 65 80
Miscellaneous – net (107) (25) 108
(829) (768) (617)
Income (Loss) Before Income Taxes
231
(857)
(751)
Income tax - - -
Net Earnings (Loss) $ 231 $ (857) $ (751)
Earnings (Loss) Per Share
Basic $ 1.13 $ (5.18) $ (4.68)
Diluted $ 0.98 $ (5.18) $ (4.68)
The accompanying notes are an integral part of these financial statements.