How to Read
Our Annual Report
2000 Highlights
Letter from
the Postmaster General/CEO
2000 Year
in Review
Delivering
the Future
The Governors
of the Postal Service
Audit Committee
Financial
Section
How to Read
Our Financial Statements
Quick
Find index
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2000 Annual Report
- page 28 of 70
In this section, we give
you the first piece of the puzzle and discuss our revenue and expenses
for the year. We discuss in detail what each of the various products
we offer contributed to our total revenue and how our revenue for
2000 compared to our revenue in the past two years. We also describe
the rather lengthy and complicated process we must go through in
order to bring the rates we are allowed to charge into line with
the expenses we must pay. In addition to our revenue, we discuss
our expenses for 2000 and how these expenses compared to our expenses
in 1998 and 1999. For both our revenue and our expenses, we give
our estimate of what we think they will be next year.
In the next chart we show our net cash provided by operations. This
is part of our presentation on understanding our financial condition
that is summarized on pages 46*
and 47**.
Lower cash from
operations
results primarily from
higher costs.
* page 42 in the printed version
** page 43 in the printed version
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