American Airlines 2009 Annual Report Download - page 53

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50
AMR CORPORATION
CONSOLIDATED STATEMENTS OF OPERATIONS
(in millions, except per share amounts)
Year Ended December 31,
2009
2008
2007
Revenues
Passenger - American Airlines
$ 15,037
$ 18,234
$ 17,651
- Regional Affiliates
2,012
2,486
2,470
Cargo
578
874
825
Other revenues
2,290
2,172
1,989
Total operating revenues
19,917
23,766
22,935
Expenses
Wages, salaries and benefits
6,807
6,655
6,770
Aircraft fuel
5,553
9,014
6,670
Other rentals and landing fees
1,353
1,298
1,278
Depreciation and amortization
1,104
1,207
1,202
Maintenance, materials and repairs
1,280
1,237
1,057
Commissions, booking fees and credit card expense
853
997
1,028
Aircraft rentals
505
492
591
Food service
487
518
534
Special charges
171
1,213
63
Other operating expenses
2,808
3,024
2,777
Total operating expenses
20,921
25,655
21,970
Operating Income (Loss)
(1,004)
(1,889)
965
Other Income (Expense)
Interest income
34
181
337
Interest expense
(744)
(803)
(962)
Interest capitalized
42
33
20
Miscellaneous – net
(80)
360
96
(748)
(229)
(509)
Income (Loss) Before Income Taxes
(1,752)
(2,118)
456
Income tax (benefit)
(284)
-
-
Net Earnings (Loss)
$ (1,468)
$ (2,118)
$ 456
Earnings (Loss) Per Share
Basic
$ (4.99)
$ (8.16)
$ 1.86
Diluted
$ (4.99)
$ (8.16)
$ 1.71
The accompanying notes are an integral part of these financial statements.