strategic-management

154 KRISTOPHER J. BLANCHARD
EXHIBIT 2 National Railroad Passenger Corporation and Subsidiaries (Amtrak)
Consolidated Statements of Operations (in thousands)
2008 2007 2006 2005
Revenues:
Passenger Related $1,955,422.00 $1,730,926.00 $1,565,540.00 $1,435,884.00
Commuter $ 129,545.00 $ 117,424.00 $ 115,394.00 $ 119,354.00
Other $ 340,504.00 $ 302,254.00 $ 328,598.00 $ 302,322.00
State Capital Payments $ 27,309.00 $ 2,011.00 $ 33,045.00 $ 28,692.00
Total Revenues $2,452,780.00 $2,152,615.00 $2,042,577.00 $1,886,252.00
Salaries, Wages, and Benefits $1,625,186.00 $1,661,838.00 $1,557,929.00 $1,511,656.00
Train Operations $ 220,368.00 $ 209,881.00 $ 203,201.00 $ 193,277.00
Fuel, Power, and Utilities $ 370,032.00 $ 284,184.00 $ 275,677.00 $ 228,511.00
Materials
Facility, Communications,
$ 201,676.00 $ 179,044.00 $ 144,240.00 $ 132,544.00
and Office Related $ 151,919.00 $ 141,154.00 $ 136,299.00 $ 130,390.00
Advertising and Sales $ 98,056.00 $ 83,160.00 $ 75,389.00 $ 71,093.00
Casualty and Other Claims $ 62,936.00 $ 25,708.00 $ 59,215.00 $ 25,771.00
Depreciation—net of amortization $ 498,563.00 $ 454,085.00 $ 446,252.00 $ 557,901.00
Other
Indirect costs capitalized to
$ 294,189.00 $ 247,091.00 $ 218,457.00 $ 194,992.00
property and equipment -$ 113,304.00 -$ 106,537.00 -$ 111,183.00 -$ 105,839.00
Total Expenses
Net loss from continuing operations
$3,409,621.00 $3,179,608.00 $3,005,476.00 $2,940,296.00
before other (income) and expense
Other (Income) and Expense:
$ 956,841.00 $1,026,993.00 $ 962,899.00 $1,054,044.00
Interest income -$ 90,593.00 -$ 99,349.00 -$ 94,967.00 -$ 82,062.00
Interest expense $ 266,530.00 $ 193,265.00 $ 200,058.00 $ 206,783.00
Other expense—net $ 175,937.00 $ 93,916.00 $ 105,091.00 $ 124,721.00
Net loss
Net (income) loss from
$1,132,778.00 $1,120,909.00 $1,067,990.00 $1,178,765.00
discontinued operations $ 0.00 $ 0.00 $ 0.00 $ 13,580.00
Net loss $1,132,778.00 $1,120,909.00 $1,067,990.00 $1,192,345.00
EXHIBIT 3 National Railroad Passenger Corporation and Subsidiaries (Amtrak)
Consolidated Balance Sheets
2008 2007 2006 2005
Assets
Current Assets
Cash and cash equivalents $329,813.00 $223,949.00 $ 37,988.00 $ 75,261.00
Restricted cash $ 10,012.00 $ 10,393.00 $ 3,081.00
Short-term investments $ 0.00 $ 9,950.00 $174,000.00 $ 63,164.00
Accounts receivable $100,892.00 $141,645.00 $ 88,248.00 $ 96,810.00
Materials and supplies—net $155,583.00 $174,897.00 $152,939.00 $147,202.00
Other current assets $ 40,927.00 $ 44,026.00 $ 37,997.00 $ 72,786.00
continued