U.S. Department of Transportation
FEDERAL AVIATION ADMINISTRATION
FRANCHISE FUND
Condensed Information
FINANCING SOURCES AND NET POSITION
(Dollars in Thousands)
Unaudited
Cumulative results of operations
2013
2012
Beginning balance, net position
$
656,012
$
620,946
Financing sources
Transfers-in/out without reimbursement
(13,552)
(11,850)
Imputed financing from costs absorbed by others
61,656
63,134
Total financing sources
48,104
51,284
Profit (loss)
(9,861)
(16,218)
Ending balance, net position
$
694,255
$
656,012
142
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Federal Aviation Administration
Fiscal Year 2013
Performance and Accountability Report