Highway Trust Fund
Financial Report for Fiscal Year 2004
(Reissued June 30, 2005)
— Financial Section —
(Dollars in thousands)
|
Consolidated Statements of Net Cost
CONSOLIDATED STATEMENTS OF NET COST
For the Years Ended September 30, 2004 and 2003
(Dollars in thousands)
|
PROGRAM COSTS - Surface Transportation (Note 10) |
2004 |
2003 |
| Intragovernmental gross costs |
$ 477,181 |
$ 309,087 |
Less: intragovernmental earned revenue
 |
(9,305)
|
(35,775)
|
| Intragovernmental net costs |
467,876 |
273,312 |
Gross costs with the public |
30,965,084 |
31,259,651 |
Less: earned revenues from the public
|
(4,533)
|
(32,158)
|
Net costs with the public
|
30,960,551
|
31,227,493
|
NET COST OF OPERATIONS
 |
$31,428,427
|
$31,500,805
|
Accompanying notes are an integral part of these financial statements.
|
