US Postal Service 2014 Annual Report Download - page 46

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2014 Report on Form 10-K United States Postal Service 42
United States Postal Service
Statements of Operations
(in millions)
Year Ended September 30,
2014
2013
2012
Revenue
Operating revenue
$
67,764
$
67,195
$
65,079
Other revenue
66
123
144
Total revenue
67,830
67,318
65,223
Operating expenses
Compensation and benefits
46,000
46,708
47,689
Retiree health benefits
8,685
8,450
13,729
Workers’ compensation
2,554
1,061
3,729
Transportation
6,586
6,735
6,630
Other operating expenses
9,353
9,174
9,187
Total operating expenses
73,178
72,128
80,964
Loss from operations
(5,348
)
(4,810
)
(15,741
)
Interest and investment income
24
24
25
Interest expense
(184
)
(191
)
(190
)
Net loss
$
(5,508
)
$
(4,977
)
$
(15,906
)
See accompanying notes to the financial statements.