Consolidating Statement of Net Cost

CONSOLIDATING STATEMENT OF NET COST
For The Year Ended September 30, 2004
(Dollars in thousands)

Program Costs - Surface Transportation	Federal Aid Highways	Other Highway Trust Funds	FMCSA Trust Fund	Corpus Hwy. Trust Fund	FTA Trust Fund	NHTSA Trust Fund	FRA Trust Fund	Total
Intragovernmental gross costs	$  384,458	$ 1,189	$ 64,062	$ -	$ 11,749	$ 15,723	$ -	$  477,181
Less: intragovernmental earned revenue	(3,206)	-	(422)	-	-	(5,677)	-	(9,305)
Intragovernmental net costs	381,252	1,189	63,640	-	11,749	10,046	-	467,876
Gross costs with the public	29,969,398	300,493	299,450	-	148,833	246,910	-	30,965,084
Less: earned revenues from the public	(4,273)	-	(142)	-	21	(139)	-	(4,533)
Net costs with the public	29,965,125	300,493	299,308	-	148,854	246,771	-	30,960,551
NET COST OF OPERATIONS	$30,346,377	$301,682	$362,948	$ -	$160,603	$256,817	$ -	$31,428,427

Notes:

1. Intra-OA transactions are not material.
2. The HTF accounts of the Bureau of Transportation statistics are included in the column for Federal Aid Highways. Such amounts are not material to the Federal Aid Highways or HTF as a whole.