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46 | 2006 Annual Report United States Postal Service
Statements of Changes in Net Capital
Years ended September 30, 2006, 2005 and 2004
Capital
Contributions of
U.S. Government
Retained Earnings
(Deficit) Since
Reorganization Total Net Capital
(Dollars in millions)
Balance, September 30, 2003 $ 3,034 $ (2,168) $ 866
Net Income – 3,065 3,065
Balance, September 30, 2004 3,034 897 3,931
Net Income – 1,445 1,445
Balance, September 30, 2005 3,034 2,342 5,376
Net Income – 900 900
Balance, September 30, 2006 $ 3,034 $ 3,242 $ 6,276
See accompanying notes to the financial statements
(2,168)