Financial Highlights for the USPTO FY 2003 Performance and Accountability Report

Financial Highlights
(Dollars in Thousands)

	%  Change 2003 over 2002	September 30, 2003	September 30, 2002
Fund Balance with Treasury	6.4%	$   985,586	$   926,130
Property and Equipment, net	(1.5)%	117,365	119,184
Other Assets	(3.3)%	48,575	50,221
Total Assets	5.1%		$ 1,095,535
Deferred Revenue	8.2%	$   504,193	$   465,974
Accounts Payable	7.2%	80,124	74,758
Accrued Payroll, Benefits, and Leave	10.9%	75,453	68,042
Other Liabilities	16.4%	88,579	76,073
Total Liabilities	9.3%	$   748,349	$   684,847
Net Position	(1.8)%	403,177	410,688
Total Liabilities & Net Position	5.1%	$ 1,151,526	$ 1,095,535
Total Cost	3.9%	$ 1,206,073	$ 1,160,995
Total Earned Revenue	9.5%	(1,162,243)	(1,061,347)
Net Cost from Operations	(56.0)%	$    43,830	$    99,648
Total Outlays/(Collections), Net	588.1%	$  (49,077)	$    10,054
Federal Personnel	(3.1)%	6,723	6,939
Contractor Personnel, approx.	7.5%	4,300	4,000
Disbursements by Electronic Funds Transfer (EFT)	-	99%	99%
On-Time Payments to Vendors	(2.0)%	97%	99%

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