CFR > Title 14 - Aeronautics and Space > CHAPTER II—OFFICE OF THE SECRETARY, DEPARTMENT OF TRANSPORTATION (AVIATION PROCEEDINGS) > SUBCHAPTER A—ECONOMIC REGULATIONS (parts 200 to 298) > PART 241—UNIFORM SYSTEM OF ACCOUNTS AND REPORTS FOR LARGE CERTIFICATED AIR CARRIERS > 241.7—Chart of Profit and Loss Accounts

241.7—Chart of Profit and Loss Accounts

Objective classification of profit and loss elements Functional or financial activity to which applicable (00)
Group I carriers Group II carriers Group III carriers
operating revenues and expenses
Transport revenues:
01Passenger:
01.1Passenger—first class 31, 32 31, 32 31, 32.
01.2Passenger—coach 31, 32 31, 32 31, 32.
05Mail:
Code of Federal Regulations 129
05.1Priority 31, 32 31, 32 31, 32.
05.2Nonpriority 31, 32 31, 32 31, 32.
05.3Foreign 31, 32 31, 32 31, 32.
06Property:
06.1Freight 31, 32 31, 32 31, 32.
06.2Excess passenger baggage 31, 32 31, 32 31, 32.
07Charter:
07.1Passenger 32 32 32.
07.2Property 32 32 32.
19Air transport—other:
19.1Reservation cancellation fees 31, 32 31, 32 31, 32.
19.2Miscellaneous operating revenues 31, 32 31, 32 31, 32.
08Public service revenues (subsidy) 48 48 48.
Transport-related revenues and expenses:
09In-flight sales:
09.1Liquor and food—gross revenues 48 48 48.
09.2Movies and stereo—gross revenues 48 48 48.
09.3Other—gross revenues 48 48 48.
09.4Liquor and food—depreciation expense 71 71 71.
09.5Liquor and food—other expense 71 71 71.
09.6Movies and stereo—depreciation expense 71 71 71.
09.7Movies and stereo—other expense 71 71 71.
09.8Other—depreciation expense 71 71 71.
09.9Other—expense 71 71 71.
10Restaurant and food service (ground):
10.1Gross revenues 48 48 48.
10.2Depreciation expense 71 71 71.
10.3Other expenses 71 71 71.
11Rents:
11.1Gross revenues 48 48 48.
11.2Depreciation expense 71 71 71.
11.3Other expenses 71 71 71.
12Limousine service:
12.1Gross revenues 48 48 48.
12.2Depreciation expense 71 71 71.
12.3Other expenses 71 71 71.
13Interchange sales:
13.1Associated companies—gross revenues 48 48 48.
13.2Outside—gross revenues 48 48 48.
13.3Associated companies—depreciation expense 71 71 71.
13.4Associated companies—other expense 71 71 71.
13.5Outside—depreciation expense 71 71 71.
13.6Outside—other expense 71 71 71.
14General service sales:
14.1Associated companies—gross revenues 48 48 48.
14.2Outside—gross revenues 48 48 48.
14.3Associated companies—depreciation expense 71 71 71.
14.4Associated companies—other expense 71 71 71.
14.5Outside—depreciation expense 71 71 71.
14.6Outside—other expense 71 71 71.
16Substitute (replacement) service:
16.1Gross revenues 48 48 48.
16.2Expense 71 71 71.
17Air cargo service:
17.1Gross revenues 48 48 48.
17.2Depreciation expense 71 71 71.
17.3Other expense 71 71 71.
18Other transport related items:
18.1Gross revenues 48 48 48.
18.2Depreciation expense 71 71 71.
18.3Other expense 71 71 71.
19Other operating revenues:
19.1Reservations cancellation fees 31, 32 31, 32 31, 32.
19.9Miscellaneous operating revenues 31, 32, 41 31, 32, 41 31, 32, 41.
Transport expenses:
21General management personnel 53, 69 53, 55, 64, 67, 68 53, 55, 61, 62, 63, 65, 66, 68.
23Pilots and copilots 51 51 51.
24Other flight personnel 51, 69 51, 55 51, 55.
Code of Federal Regulations 130
25Maintenance labor:
25.1Labor—airframes and other flight equipment 52 52.
25.2Labor—aircraft engines 52 52.
25.6Labor—flight equipment 52
25.9Labor—ground property and equipment 52, 53 52, 53 52, 53.
26Aircraft and traffic handling personnel 69
26.1General aircraft and traffic handling personnel 64, 67 61, 62, 63, 65.
26.2Aircraft control personnel 64 61.
26.3Passenger handling personnel 64, 67 62, 65.
26.4Cargo handling personnel 64, 67 62, 65.
28Trainees, instructors and unallocated shop labor:
28.1Trainees and instructors 51, 53, 69 51, 53, 55, 64,67, 68 51, 53, 55, 61, 62, 63, 65, 66, 68.
28.2Unallocated shop labor 53 53 53.
30Communications personnel 53, 69 53, 55, 64, 67, 68 53, 55, 61, 62, 63, 65, 66, 68.
31Recordkeeping and statistical personnel 53, 69 53, 55, 64, 67, 68 53, 55, 61, 62, 63, 65, 66, 68.
32Lawyers and law clerks 69 68 68.
33Traffic solicitors 69 67 65.
34Purchasing personnel 53, 69 53, 68 53, 68.
35Other personnel 53, 69 53, 55, 64, 67, 68 53, 55, 61, 62, 63, 65, 66, 68.
36Personnel expenses 51, 53, 69 51, 53, 55, 64, 67, 68 51, 53, 55, 61, 62, 63, 65, 66, 68.
37Communications purchased 53, 69 53, 55, 64, 67, 68 53, 55, 61, 62, 63, 65, 66, 68.
38Light, heat, power, and water 53, 69 53, 55, 64, 67, 68 53, 55, 61, 62, 63, 65, 66, 68.
39Traffic commissions 69
39.1Commissions—passenger 67 65.
39.2Commissions—property 67 65.
40Legal fees and expenses 69 68 68.
41 Professional and technical fees and expenses 51, 53, 69 51, 53, 55, 64, 67, 68 51, 53, 55, 61, 62, 63, 65, 66, 68
43 General services purchased:
43.1 Airframe and other flight equipment repairs 52 52
43.2 Aircraft engine repairs 52 52
43.6 Flight equipment repairs 52
43.7 Aircraft interchange charges 51, 52 51, 52 51, 52
43.8 General interchange service charges 52, 69 52, 55, 64, 67, 68 52, 55, 61, 62, 63, 65, 66, 68
43.9 Other services 52, 53, 69 52, 53, 55, 64, 67, 68 52, 53, 55, 61, 62, 63, 65, 66, 68
44Landing fees 69 64 61.
45Aircraft fuels and oils 51
45.1Aircraft fuels 51 51.
45.2Aircraft oils 51 51.
46Maintenance materials:
46.1Airframes and other flight equipment 52 52
46.2Aircraft engines 52 52.
46.6Flight equipment 52
46.9Ground property and equipment 52, 53 52, 53 52, 53.
47Rentals 51, 53, 69 51, 53, 55, 64, 67, 68 51, 53, 55, 61, 62, 63, 65, 66, 68.
49Shop and servicing supplies 53, 69 53, 64 53, 61.
50Stationery, printing, and office supplies 53, 69 53, 55, 64, 67, 68 53, 55, 61, 62, 63, 65, 66, 68.
51Passenger food expense 69 55 55.
53Other supplies 51, 53, 69 51, 53, 55, 64, 67, 68 51, 53, 55, 61, 62, 63, 65, 66, 68.
54Inventory adjustments 53, 69 53, 55 53, 55.
55Insurance—general 51, 53, 69 51, 53, 68 51, 53, 68.
56Insurance—traffic liability 69 55, 64 55, 62.
57Employee benefits and pensions 51, 53, 69 51, 53, 55, 64, 67, 68 51, 53, 55, 61, 62, 63, 65, 66, 68.
58Injuries, loss and damage 51, 53, 69 51, 53, 55, 64, 67, 68 51, 53, 55, 61, 62, 63, 65, 66, 68.
59Schedules and timetables 69 67 65, 66.
60Advertising 69 67 66.
61Foreign exchange gains and losses 69 68 68.
Code of Federal Regulations 131
62Other promotional and publicity expenses 69 67 66.
63Interrupted trips expense 69 55 55.
64Memberships 53, 69 53, 55, 64, 67, 68 53, 55, 61, 62, 63, 65, 66, 68.
65Corporate and fiscal expenses 69 68 68.
66Uncollectible accounts 69 68 68.
67Clearance, customs and duties 69 64 61, 62.
68Taxes—payroll 51, 53, 69 51, 53, 55, 64, 67, 68 51, 53, 55, 61, 62, 63, 65, 66, 68.
69Taxes—other than payroll 51, 69 51, 68 51, 68.
71Other expenses 51, 53, 69 51, 53, 55, 64, 67, 68 51, 53, 55, 61, 62, 63, 65, 66 68.
72Aircraft overhauls 52, 53 52, 53 52, 53.
72.1Airworthiness allowance provisions—airframes 52, 53 52, 53 52, 53.
72.3Airframe overhauls deferred 52, 53 52, 53 52, 53.
72.6Airworthiness allowance provisions—aircraft engines 52, 53 52, 53 52, 53.
72.8Aircraft engine overhauls deferred 52, 53 52, 53 52, 53.
73Provisions for obsolescence and deterioration—expendable parts:
73.1Current provisions 70 70 70.
73.2Inventory decline credits 70 70 70.
74Amortizations:
74.1Developmental and preoperating expenses 70 70 70.
74.2Other intangibles 70 70 70.
75Depreciation:
75.1Airframes 70 70 70.
75.2Aircraft engines 70 70 70.
75.3Airframe parts 70 70 70.
75.4Aircraft engine parts 70 70 70.
75.5Other flight equipment 70 70 70.
75.6Flight equipment 70 70 70.
75.8Maintenance equipment and hangars 70 70 70.
75.9General ground property 70 70 70.
76Amortization expense, capital leases:
76.1Amortization—capitalized flight equipment 70 70 70
76.2Amortization—capitalized other property and equipment 70 70 70
77Uncleared expense credits:
77.8Uncleared interchange expense credits 53, 69 53, 55, 64, 67, 68 53, 55, 61, 62, 63, 65, 66, 68.
77.9Other uncleared expense credits 53, 69 53, 55, 64, 67, 68 53, 55, 61, 62, 63, 65, 66, 68.
78Direct maintenance—flight equipment 52 52 52.
79Applied burden Dr/Cr:
79.6Flight equipment 52 Dr, 53 Cr 52 Dr, 53 Cr 52 Dr, 53 Cr.
79.8General ground property 52 Dr, 53 Cr 52 Dr, 53 Cr 52 Dr, 53 Cr.
nonoperating income and expense
81Interest on long-term debt and capital leases:
81.1Interest expense, long-term debt 81 81 81
81.2Interest expense, capital leases 81 81 81
82Other interest:
82.1Interest expense, short-term debt 81 81 81
83.1Imputed interest capitalized—credit 81 81 81
83.2Imputed interest deferred—debit 81 81 81
83.3Imputed interest deferred—credit 81 81 81
83.4Interest capitalized—credit 81 81 81
84.1Amortization of discount and expense on debt 81 81 81
84.2Amortization of premium on debt 81 81 81
85Foreign exchange gains and losse 81 81 81
89Other nonoperating income and expense-net:
80.0Interest income 81 81 81
86.0Income from nontransport ventures 81 81 81
87.0Equity in income of investor controlled companies 81 81 81
88.1Intercompany transaction adjustment-credit 81 81 81
88.2Dividend income 81 81 81
88.3Net unrealized gain or loss on marketable equity securities 81 81 81.
88.4Net realized gain or loss on marketable equity securities 81 81 81.
88.5Capital gains and losses—operating property 81 81 81.
88.6Capital gains and losses—other 81 81 81.
88.7Unapplied cash discounts 81 81 81.
Code of Federal Regulations 132
88.9Other miscellaneous nonoperating credits 81 81 81.
89.1Intercompany transaction adjustment—debit 81 81 81.
89.9Other miscellaneous nonoperating debits 81 81 81.
income taxes
91Provision for income taxes:
91.1Income taxes before investment tax credits 91 91 91.
91.2Investment tax credits utilized 91 91 91.
92Provisions for deferred income taxes:
92.1Current provisions for deferred taxes 91 91 91.
92.2Application of deferred taxes 91 91 91.
92.3Adjustment of deferred taxes 91 91 91.
93Investment tax credits deferred and amortized:
93.1Investment tax credits deferred 91 91 91.
93.2Amortization of deferred investment tax credits 91 91 91.
94Excess profits taxes 91 91 91.
discontinued operations
95Discontinued operations:
95.1Income from discontinued operations 96 96 96.
95.2Loss on disposal of discontinued operations 96 96 96.
extraordinary items
96Extraordinary items 97 97 97.
97Income taxes applicable to extraordinary items 97 97 97.
changes in accounting principles
98Cumulative effects of change in accounting principles 98 98 98.

Code of Federal Regulations

[ER-755, 37 FR 19726, Sept. 21, 1972, as amended by ER-781, 37 FR 25223, Nov. 29, 1972; 37 FR 28277, Dec. 22, 1972; ER-797, 38 FR 10926, May 3, 1973; ER-841, 39 FR 11995, Apr. 2, 1974; ER-948, 41 FR 12295, Mar. 25, 1976; ER-980, 42 FR 35, Jan. 3, 1977; ER-1013, 42 FR 37515, July 21, 1977; ER-1401, 50 FR 242, Jan. 3, 1985; Amdt. 241-56, 52 FR 9129, Mar. 23, 1987; Amdt. 241-58, 54 FR 5594, Feb. 6, 1989]