Consolidated Statements of Financing

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

	2004	2003
RESOURCES USED TO FINANCE ACTIVITIES
Budgetary Resources Obligated:
Obligations Incurred	$1,233,357	$1,190,941
Spending Authority from Offsetting Collections and Recoveries	(1,332,082)	(1,200,570)
Net Obligations	(98,725)	(9,629)
Other Resources - Imputed Financing from Cost Absorbed by Others	40,448	36,319
Total Resources Used to Finance Activities	58,277	26,690
RESOURCES USED TO FINANCE ITEMS NOT PART OF THE NET COST OF OPERATIONS
Change in Budgetary Resources Obligated for Goods, Services, and Benefits Ordered        but not yet Provided	43,765	(23,522)
Resources that Fund Costs Recognized in Prior Periods (Note 12)	(138)	-
Budgetary Offsetting Collections that do not Affect Net Cost of Operations (Note 12)	74,649	36,612
Resources that Finance the Acquisition of Assets Capitalized on the Balance Sheet	(75,511)	(61,062)
Total Resources Used to Finance Items not Part of the Net Cost of Operations	42,765	(47,972)
COMPONENTS OF NET COST OF OPERATIONS THAT WILL NOT REQUIRE OR GENERATE RESOURCES IN THE CURRENT PERIOD
Components Requiring or Generating Resources in Future Periods:
Costs that will be Funded by Resources in Future Periods (Note 12)	2,510	6,687
Net Decrease/(Increase) in Revenue Receivables not Generating Resources until            Collected	7,528	(4,761)
Total Components of Net Cost of Operations that will Require or Generate Resources in            Future Periods	10,038	1,926
Components not Requiring or Generating Resources:
Depreciation, Amortization, or Loss on Asset Dispositions	55,573	62,881
Other Costs that will not Require Resources	59	305
Total Components of Net Cost of Operations that will not Require or Generate            Resources	55,632	63,186
Total Components of Net Cost of Operations that will not Require or Generate Resources in the Current Period	65,670	65,112
Net Cost from Operations	$   50,158	$   43,830
The accompanying notes are an integral part of these financial statements.

< Previous Page | Next Page >