Department Of Defense Agency Financial Report 2007 - Section 2: Financial Information Page 18

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Department of Defense Agency Financial Report 2007
Section 2: Financial Information
0
CONSOLIDATED STATEMENT OF NET COST
Department of Defense
For the years ended September 30, 2007 and 2006
($ in millions)
2007
2006
Restated
Program Costs
Gross Costs
$
668,138.4
$
634,544.0
Less: Earned Revenue
(45,686.4)
(48,495.7)
Net Program Costs
$
622,452.0
$
586,048.3
Cost Not Assigned to Programs
-
-
Less: Earned Revenue Not Attributable to Programs
-
-
Net Cost of Operations
$
622,452.0
$
586,048.3
The accompanying notes are an integral part of these financial statements.

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