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Postal Serivice by the numbers
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bowtieighth
Posted 4/22/2014 22:06 (#3831086 - in reply to #3830289)
Subject: If there are no tax $, what are "Capital contributions of the US government"?


Bethany, MO

The Year In Review

Financial Highlights

2011 was a difficult year for both the U.S. economy and the Postal Service. As the economy continued to remain

weak, mail volumes and revenue continued to decline. The Postal Service met the challenge with focused cost

reductions and increased efficiency.

Years ended Sept. 30 Percent change from preceding year

(dollars in millions) 2011 2010 2009 2011 2010 2009

Operating revenue $ 65,711 $ 67,052 $ 68,090 (2.0%) (1.5%) (9.1%)

Operating expenses * $ 70,634 $ 75,426 $ 71,830 (6.4%) 5.0% (7.6%)

Loss from operations $ (4,923) $ (8,374) $ (3,740)

Operating margin (7.5%) (12.5%) (5.5%)

Net loss $ (5,067) $ (8,505) $ (3,794)

Purchases of capital property and equipment $ 1,190 $ 1,393 $ 1,839 (14.6%) (24.3%) (7.8%)

Debt $ 13,000 $ 12,000 $ 10,200

Interest expense $ 172 $ 156 $ 80

Capital contributions of U.S. government $ 3,132 $ 3,132 $ 3,087

Deficit since reorganization $ (22,072) $ (17,005) $ (8,500)

Total net deficiency $ (18,940) $ (13,873) $ (5,413)

Number of career employees 557,251 583,908 623,128 (4.6%) (6.3%) (6.0%)

Mail volume (pieces in millions) 167,934 170,860 176,744 (1.7%) (3.3%) (12.8%)

New delivery points served 636,530 739,580 923,595

*P.L.112-33 had a net impact of a $5.5 billion reduction of expenses in 2011. P.L.111-68 had a net impact of a $4.0 billion reduction of expense in 2009.



Here's $9.3 billion in 3 years.
 
 
 
 
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