Consolidated Statements of Net Cost
United States Department of Commerce Consolidated Statements of Net Cost
For the Years Ended September 30, 2007 and 2006 (Note 17) (In Thousands)
|
FY 2007 |
FY 2006 |
Strategic Goal 1: Provide the Information and Tools to Maximize U.S. Competitiveness
and Enable Economic Growth for American Industries, Workers, and Consumers |
|
|
Gross Costs |
$2,133,671 |
$2,124,582 |
Less: Earned Revenue
![single underline](images/rule_single.gif) |
(298,730)
![single underline](images/rule_single.gif) |
(308,300)
![single underline](images/rule_single.gif) |
Net Program Costs
![single underline](images/rule_single.gif) |
1,834,941
![single underline](images/rule_single.gif) |
1,816,282
![single underline](images/rule_single.gif) |
Strategic Goal 2: Foster Science and Technological Leadership by Protecting
Intellectual Property, Enhancing Technical Standards, and Advancing Measurement Science |
|
|
Gross Costs |
2,781,232 |
2,528,674 |
Less: Earned Revenue
![single underline](images/rule_single.gif) |
(1,967,068)
![single underline](images/rule_single.gif) |
(1,821,454)
![single underline](images/rule_single.gif) |
Net Program Costs
![single underline](images/rule_single.gif) |
814,164
![single underline](images/rule_single.gif) |
707,220
![single underline](images/rule_single.gif) |
Strategic Goal 3: Observe, Protect, and Manage the Earth’s Resources to
Promote Environmental Stewardship |
|
|
Gross Costs |
4,062,583 |
4,171,133 |
Less: Earned Revenue
![single underline](images/rule_single.gif) |
(276,781)
![single underline](images/rule_single.gif) |
(277,747)
![single underline](images/rule_single.gif) |
Net Program Costs
![single underline](images/rule_single.gif) |
3,785,802
![single underline](images/rule_single.gif) |
3,893,386
![single underline](images/rule_single.gif) |
NET COST OF OPERATIONS
![double underline](images/rule_double.gif) |
$6,434,907
![double underline](images/rule_double.gif) |
$6,416,888
![double underline](images/rule_double.gif) |
The accompanying notes are an integral part of these statements.
|