Consolidated Statements of Changes in Net Position

U.S. Patent and Trademark Office
Consolidated Statements of Changes in Net Position
For the years ended September 30, 2004 and 2003
(Dollars in Thousands)

	2004		2003
	Cumulative Results of Operations	Unexpended Appropriations	Cumulative Results of Operations	Unexpended Appropriations
Net Position, Beginning of Year	$403,152	$ 25	$410,010	$  678
Budgetary Financing Sources:
Appropriations Used	2	(2)	653	(653)
Other Budgetary Financing Sources (Note 2)	75,584	-	-	-
Other Financing Sources:
Imputed Financing (Note 9)	40,448	-	36,319	-
Total Financing Sources	116,034	(2)	36,972	(653)
Net Income from Operations	(50,158)	-	(43,830)	-
Net Position, End of Year	$469,028	$ 23	$403,152	$   25
The accompanying notes are an integral part of these financial statements.

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