14 C.F.R. Section 7 Chart of Profit and Loss Accounts
Title 14 - Aeronautics and Space
[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]
Title 14: Aeronautics and Space
PART 241—UNIFORM SYSTEM OF ACCOUNTS AND REPORTS FOR LARGE CERTIFICATED AIR CARRIERS
Profit and Loss Classification
Section 7 Chart of Profit and Loss Accounts
---------------------------------------------------------------------------------------------------------------- Functional or financial activity to which applicable (00) Objective classification of profit -------------------------------------------------------------------------- and loss elements Group I carriers Group II carriers Group III carriers---------------------------------------------------------------------------------------------------------------- operating revenues and expensesTransport revenues:01 Passenger: 01.1 Passenger_first class......... 31, 32................. 31, 32................. 31, 32. 01.2 Passenger_coach............... 31, 32................. 31, 32................. 31, 32.05 Mail: 05.1 Priority...................... 31, 32................. 31, 32................. 31, 32. 05.2 Nonpriority................... 31, 32................. 31, 32................. 31, 32. 05.3 Foreign....................... 31, 32................. 31, 32................. 31, 32.06 Property: 06.1 Freight....................... 31, 32................. 31, 32................. 31, 32. 06.2 Excess passenger baggage...... 31, 32................. 31, 32................. 31, 32.07 Charter: 07.1 Passenger..................... 32..................... 32..................... 32. 07.2 Property...................... 32..................... 32..................... 32.19 Air transport_other: 19.1 Reservation cancellation fees. 31, 32................. 31, 32................. 31, 32. 19.2 Miscellaneous operating 31, 32................. 31, 32................. 31, 32. revenues.08 Public service revenues (subsidy). 48..................... 48..................... 48.Transport-related revenues and expenses:09 In-flight sales: 09.1 Liquor and food_gross revenues 48..................... 48..................... 48. 09.2 Movies and stereo_gross 48..................... 48..................... 48. revenues. 09.3 Other_gross revenues.......... 48..................... 48..................... 48. 09.4 Liquor and food_depreciation 71..................... 71..................... 71. expense. 09.5 Liquor and food_other expense. 71..................... 71..................... 71. 09.6 Movies and stereo_depreciation 71..................... 71..................... 71. expense. 09.7 Movies and stereo_other 71..................... 71..................... 71. expense. 09.8 Other_depreciation expense.... 71..................... 71..................... 71. 09.9 Other_expense................. 71..................... 71..................... 71.10 Restaurant and food service (ground): 10.1 Gross revenues................ 48..................... 48..................... 48. 10.2 Depreciation expense.......... 71..................... 71..................... 71. 10.3 Other expenses................ 71..................... 71..................... 71.11 Rents: 11.1 Gross revenues................ 48..................... 48..................... 48. 11.2 Depreciation expense.......... 71..................... 71..................... 71. 11.3 Other expenses................ 71..................... 71..................... 71.12 Limousine service: 12.1 Gross revenues................ 48..................... 48..................... 48. 12.2 Depreciation expense.......... 71..................... 71..................... 71. 12.3 Other expenses................ 71..................... 71..................... 71.13 Interchange sales: 13.1 Associated companies_gross 48..................... 48..................... 48. revenues. 13.2 Outside_gross revenues........ 48..................... 48..................... 48. 13.3 Associated 71..................... 71..................... 71. companies_depreciation expense. 13.4 Associated companies_other 71..................... 71..................... 71. expense. 13.5 Outside_depreciation expense.. 71..................... 71..................... 71. 13.6 Outside_other expense......... 71..................... 71..................... 71.14 General service sales: 14.1 Associated companies_gross 48..................... 48..................... 48. revenues. 14.2 Outside_gross revenues........ 48..................... 48..................... 48. 14.3 Associated 71..................... 71..................... 71. companies_depreciation expense. 14.4 Associated companies_other 71..................... 71..................... 71. expense. 14.5 Outside_depreciation expense.. 71..................... 71..................... 71. 14.6 Outside_other expense......... 71..................... 71..................... 71.16 Substitute (replacement) service: 16.1 Gross revenues................ 48..................... 48..................... 48. 16.2 Expense....................... 71..................... 71..................... 71.17 Air cargo service: 17.1 Gross revenues................ 48..................... 48..................... 48. 17.2 Depreciation expense.......... 71..................... 71..................... 71. 17.3 Other expense................. 71..................... 71..................... 71.18 Other transport related items: 18.1 Gross revenues................ 48..................... 48..................... 48. 18.2 Depreciation expense.......... 71..................... 71..................... 71. 18.3 Other expense................. 71..................... 71..................... 71.19 Other operating revenues: 19.1 Reservations cancellation fees 31, 32................. 31, 32................. 31, 32. 19.9 Miscellaneous operating 31, 32, 41............. 31, 32, 41............. 31, 32, 41. revenues.Transport expenses:21 General management personnel...... 53, 69................. 53, 55, 64, 67, 68..... 53, 55, 61, 62, 63, 65, 66, 68.23 Pilots and copilots............... 51..................... 51..................... 51.24 Other flight personnel............ 51, 69................. 51, 55................. 51, 55.25 Maintenance labor: 25.1 Labor_airframes and other ....................... 52..................... 52. flight equipment. 25.2 Labor_aircraft engines........ ....................... 52..................... 52. 25.6 Labor_flight equipment........ 52..................... ....................... ....................... 25.9 Labor_ground property and 52, 53................. 52, 53................. 52, 53. equipment.26 Aircraft and traffic handling 69..................... ....................... ....................... personnel. 26.1 General aircraft and traffic ....................... 64, 67................. 61, 62, 63, 65. handling personnel. 26.2 Aircraft control personnel.... ....................... 64..................... 61. 26.3 Passenger handling personnel.. ....................... 64, 67................. 62, 65. 26.4 Cargo handling personnel...... ....................... 64, 67................. 62, 65.28 Trainees, instructors and unallocated shop labor: 28.1 Trainees and instructors...... 51, 53, 69............. 51, 53, 55, 64,67, 68.. 51, 53, 55, 61, 62, 63, 65, 66, 68. 28.2 Unallocated shop labor........ 53..................... 53..................... 53.30 Communications personnel.......... 53, 69................. 53, 55, 64, 67, 68..... 53, 55, 61, 62, 63, 65, 66, 68.31 Recordkeeping and statistical 53, 69................. 53, 55, 64, 67, 68..... 53, 55, 61, 62, 63, 65, personnel. 66, 68.32 Lawyers and law clerks............ 69..................... 68..................... 68.33 Traffic solicitors................ 69..................... 67..................... 65.34 Purchasing personnel.............. 53, 69................. 53, 68................. 53, 68.35 Other personnel................... 53, 69................. 53, 55, 64, 67, 68..... 53, 55, 61, 62, 63, 65, 66, 68.36 Personnel expenses................ 51, 53, 69............. 51, 53, 55, 64, 67, 68. 51, 53, 55, 61, 62, 63, 65, 66, 68.37 Communications purchased.......... 53, 69................. 53, 55, 64, 67, 68..... 53, 55, 61, 62, 63, 65, 66, 68.38 Light, heat, power, and water..... 53, 69................. 53, 55, 64, 67, 68..... 53, 55, 61, 62, 63, 65, 66, 68.39 Traffic commissions............... 69..................... ....................... ....................... 39.1 Commissions_passenger......... ....................... 67..................... 65. 39.2 Commissions_property.......... ....................... 67..................... 65.40 Legal fees and expenses........... 69..................... 68..................... 68.41 Professional and technical fees 51, 53, 69............. 51, 53, 55, 64, 67, 68. 51, 53, 55, 61, 62, 63, and expenses. 65, 66, 6843 General services purchased: 43.1 Airframe and other flight ....................... 52..................... 52 equipment repairs. 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 52, 69................. 52, 55, 64, 67, 68..... 52, 55, 61, 62, 63, 65, charges. 66, 68 43.9 Other services................ 52, 53, 69............. 52, 53, 55, 64, 67, 68. 52, 53, 55, 61, 62, 63, 65, 66, 6844 Landing fees...................... 69..................... 64..................... 61.45 Aircraft fuels and oils........... 51..................... ....................... ....................... 45.1 Aircraft fuels................ ....................... 51..................... 51. 45.2 Aircraft oils................. ....................... 51..................... 51.46 Maintenance materials: 46.1 Airframes and other flight ....................... 52..................... 52 equipment. 46.2 Aircraft engines.............. ....................... 52..................... 52. 46.6 Flight equipment.............. 52..................... ....................... ....................... 46.9 Ground property and equipment. 52, 53................. 52, 53................. 52, 53.47 Rentals........................... 51, 53, 69............. 51, 53, 55, 64, 67, 68. 51, 53, 55, 61, 62, 63, 65, 66, 68.49 Shop and servicing supplies....... 53, 69................. 53, 64................. 53, 61.50 Stationery, printing, and office 53, 69................. 53, 55, 64, 67, 68..... 53, 55, 61, 62, 63, 65, supplies. 66, 68.51 Passenger food expense............ 69..................... 55..................... 55.53 Other supplies.................... 51, 53, 69............. 51, 53, 55, 64, 67, 68. 51, 53, 55, 61, 62, 63, 65, 66, 68.54 Inventory adjustments............. 53, 69................. 53, 55................. 53, 55.55 Insurance_general................. 51, 53, 69............. 51, 53, 68............. 51, 53, 68.56 Insurance_traffic liability....... 69..................... 55, 64................. 55, 62.57 Employee benefits and pensions.... 51, 53, 69............. 51, 53, 55, 64, 67, 68. 51, 53, 55, 61, 62, 63, 65, 66, 68.58 Injuries, loss and damage......... 51, 53, 69............. 51, 53, 55, 64, 67, 68. 51, 53, 55, 61, 62, 63, 65, 66, 68.59 Schedules and timetables.......... 69..................... 67..................... 65, 66.60 Advertising....................... 69..................... 67..................... 66.61 Foreign exchange gains and losses. 69..................... 68..................... 68.62 Other promotional and publicity 69..................... 67..................... 66. expenses.63 Interrupted trips expense......... 69..................... 55..................... 55.64 Memberships....................... 53, 69................. 53, 55, 64, 67, 68..... 53, 55, 61, 62, 63, 65, 66, 68.65 Corporate and fiscal expenses..... 69..................... 68..................... 68.66 Uncollectible accounts............ 69..................... 68..................... 68.67 Clearance, customs and duties..... 69..................... 64..................... 61, 62.68 Taxes_payroll..................... 51, 53, 69............. 51, 53, 55, 64, 67, 68. 51, 53, 55, 61, 62, 63, 65, 66, 68.69 Taxes_other than payroll.......... 51, 69................. 51, 68................. 51, 68.71 Other expenses.................... 51, 53, 69............. 51, 53, 55, 64, 67, 68. 51, 53, 55, 61, 62, 63, 65, 66 68.72 Aircraft overhauls................ 52, 53................. 52, 53................. 52, 53. 72.1 Airworthiness allowance 52, 53................. 52, 53................. 52, 53. provisions_airframes. 72.3 Airframe overhauls deferred... 52, 53................. 52, 53................. 52, 53. 72.6 Airworthiness allowance 52, 53................. 52, 53................. 52, 53. provisions_aircraft engines. 72.8 Aircraft engine overhauls 52, 53................. 52, 53................. 52, 53. deferred.73 Provisions for obsolescence and deterioration_expendable parts: 73.1 Current provisions............ 70..................... 70..................... 70. 73.2 Inventory decline credits..... 70..................... 70..................... 70.74 Amortizations: 74.1 Developmental and preoperating 70..................... 70..................... 70. expenses. 74.2 Other intangibles............. 70..................... 70..................... 70.75 Depreciation: 75.1 Airframes..................... 70..................... 70..................... 70. 75.2 Aircraft engines.............. 70..................... 70..................... 70. 75.3 Airframe parts................ 70..................... 70..................... 70. 75.4 Aircraft engine parts......... 70..................... 70..................... 70. 75.5 Other flight equipment........ 70..................... 70..................... 70. 75.6 Flight equipment.............. 70..................... 70..................... 70. 75.8 Maintenance equipment and 70..................... 70..................... 70. hangars. 75.9 General ground property....... 70..................... 70..................... 70.76 Amortization expense, capital leases: 76.1 Amortization_capitalized 70..................... 70..................... 70 flight equipment. 76.2 Amortization_capitalized other 70..................... 70..................... 70 property and equipment.77 Uncleared expense credits: 77.8 Uncleared interchange expense 53, 69................. 53, 55, 64, 67, 68..... 53, 55, 61, 62, 63, 65, credits. 66, 68. 77.9 Other uncleared expense 53, 69................. 53, 55, 64, 67, 68..... 53, 55, 61, 62, 63, 65, credits. 66, 68.78 Direct maintenance_flight 52..................... 52..................... 52. equipment.79 Applied burden Dr/Cr: 79.6 Flight equipment.............. 52 Dr, 53 Cr........... 52 Dr, 53 Cr........... 52 Dr, 53 Cr. 79.8 General ground property....... 52 Dr, 53 Cr........... 52 Dr, 53 Cr........... 52 Dr, 53 Cr. nonoperating income and expense81 Interest on long-term debt and capital leases: 81.1 Interest expense, long-term 81..................... 81..................... 81 debt. 81.2 Interest expense, capital 81..................... 81..................... 81 leases.82 Other interest: 82.1 Interest expense, short-term 81..................... 81..................... 81 debt. 83.1 Imputed interest 81..................... 81..................... 81 capitalized_credit. 83.2 Imputed interest 81..................... 81..................... 81 deferred_debit. 83.3 Imputed interest 81..................... 81..................... 81 deferred_credit. 83.4 Interest capitalized_credit... 81..................... 81..................... 81 84.1 Amortization of discount and 81..................... 81..................... 81 expense on debt. 84.2 Amortization of premium on 81..................... 81..................... 81 debt.85 Foreign exchange gains and losse.. 81..................... 81..................... 8189 Other nonoperating income and expense-net: 80.0 Interest income............... 81..................... 81..................... 81 86.0 Income from nontransport 81..................... 81..................... 81 ventures. 87.0 Equity in income of investor 81..................... 81..................... 81 controlled companies. 88.1 Intercompany transaction 81..................... 81..................... 81 adjustment-credit. 88.2 Dividend income............... 81..................... 81..................... 81 88.3 Net unrealized gain or loss on 81..................... 81..................... 81. marketable equity securities. 88.4 Net realized gain or loss on 81..................... 81..................... 81. marketable equity securities. 88.5 Capital gains and 81..................... 81..................... 81. losses_operating property. 88.6 Capital gains and losses_other 81..................... 81..................... 81. 88.7 Unapplied cash discounts...... 81..................... 81..................... 81. 88.9 Other miscellaneous 81..................... 81..................... 81. nonoperating credits. 89.1 Intercompany transaction 81..................... 81..................... 81. adjustment_debit. 89.9 Other miscellaneous 81..................... 81..................... 81. nonoperating debits. income taxes91 Provision for income taxes: 91.1 Income taxes before investment 91..................... 91..................... 91. tax credits. 91.2 Investment tax credits 91..................... 91..................... 91. utilized.92 Provisions for deferred income taxes: 92.1 Current provisions for 91..................... 91..................... 91. deferred taxes. 92.2 Application of deferred taxes. 91..................... 91..................... 91. 92.3 Adjustment of deferred taxes.. 91..................... 91..................... 91.93 Investment tax credits deferred and amortized: 93.1 Investment tax credits 91..................... 91..................... 91. deferred. 93.2 Amortization of deferred 91..................... 91..................... 91. investment tax credits.94 Excess profits taxes.............. 91..................... 91..................... 91. discontinued operations95 Discontinued operations: 95.1 Income from discontinued 96..................... 96..................... 96. operations. 95.2 Loss on disposal of 96..................... 96..................... 96. discontinued operations. extraordinary items96 Extraordinary items............... 97..................... 97..................... 97.97 Income taxes applicable to 97..................... 97..................... 97. extraordinary items. changes in accounting principles98 Cumulative effects of change in 98..................... 98..................... 98. accounting principles.----------------------------------------------------------------------------------------------------------------
