1 / 22

Mailers' Technical Advisory Committee

MTAC. Mailers' Technical Advisory Committee. FINANCIAL PERFORMANCE APRIL, FY 2005. Richard J. Strasser, Jr. Chief Financial Officer & Executive Vice President. Summary: October 1, 2004 – April 30, 2005. Unusually high revenue/volume growth in November

azana
Download Presentation

Mailers' Technical Advisory Committee

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. MTAC Mailers' Technical Advisory Committee FINANCIAL PERFORMANCE APRIL, FY 2005 Richard J. Strasser, Jr. Chief Financial Officer & Executive Vice President

  2. Summary: October 1, 2004 – April 30, 2005 • Unusually high revenue/volume growth in November • Slight revenue/volume growth in October and December • Slight revenue/volume decline in January • Slight revenue/volume growth in February and March • Increased expenses due to cost inflation and additional volumes and deliveries • Productivity increase held down expenses • Net income below last year, but over plan

  3. Var Actual Plan %Plan SPLY Revenue $5,675 +89 $5,764 +1.6 -1.5% Expense 5,704 5,691 [+13] [+0.2] +4.0% Net Income $ 60 -$ 16 +76 Income Statement – April 2005 $367 Numbers may not add due to rounding ($ Millions) [ ] = Unfavorable variance to plan

  4. 2005 Volume Compared to SPLY – April YTD +3.4B +2.7%

  5. Volume – Percent Change to SPLY April YTD +2.7%

  6. 8 Quarter Moving Average – First-Class Volume Q4 ‘01 % SPLY Q3 ‘04

  7. 8 Quarter Moving Average – Priority Volume Q3 ‘98 % SPLY Q3 ‘03

  8. 8 Quarter Moving Average – Standard Volume Q1 ‘99 % SPLY Q1 ‘03

  9. 8 Quarter Moving Average – Total Mail Volume Q1 ‘99 % SPLY Q4 ‘03

  10. 12 Month Moving Average–First-Class Volume % SPLY 2004 2005

  11. 12 Month Moving Average – Priority Volume % SPLY 2004 2005

  12. 12 Month Moving Average – Standard Volume % SPLY 2004 2005

  13. Total Mail Volume 12 Month Moving Average Total Revenue and Mail Volume % SPLY 2004 2005

  14. Actual Revenue Compared to SPLY – April YTD

  15. Revenue Change Volume FY 2005 Change First-Class 59.0B -0.1% -$261M Standard 59.7B +6.1% +$528M -$28M Periodicals 5.4B -1.5% Express 32.1M +0.8% +$3M 535.2M +2.8% Priority +$75M Package Svc. 689.1M +1.2% -$13M Other 0.9B +8.4% +$211M Total 126.3B +2.7% +$515M Volume and Revenue - Change to SPLY- April YTD

  16. Var Actual Plan %Plan SPLY Revenue $41,886 +2.6 $40,807 +1,079 +1.2% Expense 39,861 40,106 -245 -0.6 +3.7% Net Income $ 2,025 $ 702 +1,324 Numbers may not add due to rounding ($ Millions) Income Statement – April YTD $2,933

  17. Change From SPLY 1.8M Deliveries – April Year-to-Date Deliveries 143.3M

  18. Total Factor Productivity Defined TFP Change in Combined Workload Change in Resources Used =

  19. Total Factor Productivity – April YTD Change in Combined Workload TFP = 1.4% 1.8% 0.3% Change in Resources Used Numbers may not add due to rounding

  20. * *April YTD Total Factor Productivity – April YTD Cumulative 1972 – 2005 FY Percent Growth

  21. FY 2004 Forecast Quarter 3 Outlook Volume 49.6B 50.3B Above Forecast Revenue $16.6B $16.3B Expenses +$0.3B Net Income/Loss FY 2005 Quarter 3 – Summary Outlook FY 2005 Above Forecast $16.8B $17.0B Below Forecast -$0.2B Above Forecast

  22. MTAC Mailers' Technical Advisory Committee FINANCIAL PERFORMANCE APRIL, FY 2005 Richard J. Strasser, Jr. Chief Financial Officer & Executive Vice President

More Related