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[quote user="schlimm"]I finally found some Amtrak numbers, though not the ones sam1 refers to. Interesting, nevertheless. In FY 2009 Total revenues were $2.35 bil., of that only $1.95 bil. was from passenger and commuter operations.                  Salaries and benefits were $1.7 bil.                  Net depreciation was $562 mil.                  Track usage to host RR's was $115 mil. So it appears that wages and benefits (90% union) eat up almost all the ticket revenues. [/quote] I used the same financial statements.  However, I showed the differences between FY08 and FY09, whereas you are showing just a couple of numbers from the financial statements.  The financial statements contained in the Monthly Operating Report have not been audited.  If prior practices hold forth, some of the results shown in the audited annual report will be different from the numbers shown here.  Salaries, wages, and benefits account for approximately 48 per cent of total expenses.  They represent 72.2 per cent of revenues.  They account for 93.6 per cent of passenger related revenues.  However, the flaw in this thinking is that all the salary, wage, and benefit expense is attributable to passenger revenues.  This is probably not true.
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