Welcome to Scribd, the world's digital library. Read, publish, and share books and documents. See more ➡
Download
Standard view
Full view
of .
Add note
Save to My Library
Sync to mobile
Look up keyword
Like this
3Activity
×
0 of .
Results for:
No results containing your search query
P. 1
USPS BOG Open Session Nov 15 2011

USPS BOG Open Session Nov 15 2011

Ratings: (0)|Views: 3,844|Likes:
Published by bsheehan

More info:

Published by: bsheehan on Nov 15, 2011
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as PDF, PPT, TXT or read online from Scribd
See More
See less

05/02/2012

pdf

text

original

 
CONFIDENTIAL
 –
For Internal Review and Discussion Only
 
 
Financial Matters:2011 Financial Results
Board of Governors’
 Open Session
 
November 15, 2011
Joe CorbettChief Financial Officer & Executive Vice President
 
 
3
Financial Results
September YTD
(Billions)
FY2011FY2010
Revenue
$65.7$67.1
Expenses
67.967.7 Operating Income (Loss)*(2.2)(0.6) 
Retiree Hlth. Benefits Pre-Funding
-(5.5) 
Workers Comp: Fair Value Adj.
(1.0)(2.0) 
Workers Comp Claims, Adj. & Contingency
(1.9)(0.4) Net Income (Loss)($5.1)($8.5)Volume
(Pieces)
167.9170.9
 
* Before RHB Pre-Funding, Non-
Cash Adjustments to Workers’ Compensation Liabilities &
Contingency.

You're Reading a Free Preview

Download
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->