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| 1996 ICC Annual Report ABC Home Page | Report Index |
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| 1996 ICC Annual Report ABC Home Page | Report Index |
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Schedule 300 - Statement of Operations
| LINE NO. |
ITEM (a) |
RESPONDENT (b) |
CONSOLIDATED (c) |
| 1 | Freight revenue - Intercity common carrier | 1,102,370,134 | 1,111,651,293 |
| 2 | Freight revenue - Intercity contract carrier | ||
| 3 | Freight revenue - Local cartage | ||
| 4 | Intercity transportation for other motor carriers | ||
| 5 | Other operating revenue | 290,439 | 306,377 |
| 6 | Private carriage & CIH revenue | ||
| 7 | Household goods carrier operating revenue | ||
| 8 | TOTAL OPERATING REVENUES (Lines 1 through 7) | 1,102,660,573 | 1,111,957,670 |
| 9 | Carrier operating expenses | 1,111,048,189 | 1,120,277,204 |
| 10 | Household goods carrier operating expenses | ||
| 11 | TOTAL OPERATING EXPENSES (Line 9 + 10) | 1,111,048,189 | 1,120,277,204 |
| 12 | NET CARRIER OPERATING INCOME (Line 8 - line 11) | (8,387,616) | (8,319,534) |
| 13 | Income from noncarrier operatins - credit | 1,775,201 | 1,775,201 |
| 14 | Expense from noncarrier operations - debit | (2,990,577) | (2,990,577) |
| 15 | Interest & dividend income | 134,624 | 168,032 |
| 16 | Lease of distinct operating unit - net (debit) credit | ||
| 17 | Other nonoperating Income (deductions) | (1,576,553) | (1,649,136) |
| 18 | Nonoperating gains (losses) on dispos of assets, land, & struct | ||
| 19 | Interest & amortization of debt discount expense & premium | (8,782,976) | (8,782,976) |
| 20 | TOTAL OTHER INCOME (EXPENSE) (Line 13 through 19) | (11,440,281) | (11,479,456) |
| 21 | ORDINARY INCOME BEFORE TAXES (Line 12 + line 20) | (19,827,897) | (19,798,990) |
| 22 | Income taxes currently payable - Federal | (2,700,157) | (2,685,655) |
| 23 | Income taxes currently payable - State | (901,371) | (896,262) |
| 24 | Deferred taxes | (2,242,359) | (2,244,978) |
| 25 | Deferred investment tax credit (if applicable) | ||
| 26 | Amortization of investment tax credit (if applicable) | ||
| 27 | TOTAL PROVISION FOR INCOME TAX (Lines 22 through 26) | (5,843,887) | (5,826,895) |
| 28 | ORDINARY INCOME (LOSS) AFTER TAXES (Line 21 - line 27) | (13,984,010) | (13,972,095) |
| 29 | Earnings (losses) applicable to minority stockholders or subs | ||
| 30 | Equity in undistributed earninds (losses) of affiliates | ||
| 31 | Gain (or loss) on discontinued segments | ||
| 32 | Income (loss) before extrardinary losses and acct changes (Line 28 +/- lines 29 through 31) | (13,984,010) | (13,972,095) |
| 33 | Extraordinary items (net) + ioncome taxes on extraordinary items | ||
| 34 | Provisions for deferred taxes - extraordinary items | ||
| 35 | Cumulative effect of changes in accounting principles | ||
| 36 | TOTAL EXTRAORDINARY ITEMS & ACCOUNTING CHANGE | 0 | 0 |
| 37 | NET INCOME (LOSS) | (13,984,010) | (13,972,095) |
| 38 | OPERATING RATION (Line 11 / Line 8) | 100.76 | 100.75 |
| Note: Include packer wages and warehouse labor for household goods carriers on line 13 and 14 | |||
