September Monthly Performance Report - Amtrak

Monthly
Performance Report

For

September 2014

* All Financial Data is Preliminary and Unaudited *

November 12, 2014

Table of Contents

A. Financial Results Page #
1. Summary Performance Report versus Budget
Executive Summary A-1.1
Operating Results – Month, YTD A-1.3
Capital Spend Summary – YTD A-1.4

2. Metrics A-2.1
Metrics
A-3.1
3. Ridership and Revenue A-3.4
Ticket Revenue and Ridership Summary A-3.5
Ridership and Ticket Revenue by Route A-3.6
Current Month
Year to Date A-4.1
Ridership and Revenue - Sleeper Class A-4.6
A-4.8
4. Actual and Forecast Results A-4.10
Income Statement by Business Lines
Month, vs. Budget and Prior Year A-5.1
Capital Project Overview A-5.4
Regular Projects
Mechanical Production Report B-1
Engineering Production Report
C-1
5. Actual Analysis to Prior Year
Consolidated Income Statement D-1
Balance Sheet D-3

B. Legislative Report E-1
Legislative Updates E-2
E-7
C. Route Performance Report – Fully Allocated
Summary YTD Route Results

D. Workforce Statistics
Headcount Data
Other Employee Costs

E. Performance Indicators
Delay Minutes Summary Report
Host Railroad Delay Minutes Report
On-Time Performance

i

INANCIAL ESULTS

Performance Summary for the Year to Date Period Ending
September 2014

Executive Summary:

The Preliminary and Unaudited September year to date results are favorable to the budget due to
lower benefits and train operations. Reimbursable revenues are favorable, but they are partially
offset by increased Reimbursable expenses. The change in Operating Ratio (Strategy
Management Objective F1) reflects the favorable Reimbursable M of W activity on the Michigan
line and lower expenses. Capital spending is under budget due to the timing of progress
payments on new electric locomotives and delayed infrastructure work.

Operating Ratio (1) ‐ Cumulative Basis (Cash Expense / Cash Revenue)  

1.15

1.10

1.05
Better

1.00

0.95

Budget Actual Forecast

0.90

Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep

(1) Operating Ratio is defined as Total Operating Expense adjusted for Depreciation, Project related costs covered by Capital funding (PRJ), non-cash portion of OPEBs and
the Inspector General's office - covered by a separate grant, divided by Total Operating Revenue less State Capital amortization.

A - 1.1

Performance Summary for the Year to Date Period Ending
September 2014

Adjusted Loss (1) (Cash Revenue ‐ Cash Expenses)

$50

Budget Actual Forecast

$0

($50) Better
($100)

($150)

($200)

($250)

($300)

($350)

($400)
Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep

Capital Spend 

$1,600 Authorized Actual Forecast
$1,400

$1,200

$1,000

$800

$600

$400

$200

$0
(1) Adjusted CLoaspsitOaislcfautnrdeiansgo(nPaRNblJeo),vpnrooxny-cfaosr hFDepedocertrioanl Oopf eOrPaJtaEinnBgsSaunpdptohretFnIenesbepde. cIttoer qGueManlsearNrael'st Looffsicse,Aa- pdcjoruvsetereddfobryMDaeaspyerepcairaattioeng,JrNaunentt.Interest EJxuplense, ProAjeuctgrelated cSosetps
covered by

(1) Adjusted Loss is a reasonable proxy for Federal Operating Support need. It equals Net Loss, adjusted for Depreciation, Net Interest Expense, Project related costs
covered by Capital funding (PRJ), non-cash portion of OPEBs and the Inspector General's office - covered by a separate grant.

A - 1.2

Summary Financial Results

Operating Results for the Period Ending - September 2014

($ millions)

Actual Month Variance to Actual YTD Variance to
Variance to Prior Year Variance to Prior Year
Fav(Unfav) Fav(Unfav)
Budget Budget
Fav(Unfav) Fav(Unfav)

Revenue: $173.9 $3.5 $10.4 $2,148.1 ($6.3) $91.9
Ticket Revenue - Adjusted 11.4 1.3 0.8 125.7 1.5 2.3
Food & Beverage 20.0 (0.9) 238.5
State Supported Train Revenue 3.8 10.8 (13.0) 51.5
Total Passenger Related Revenue 205.3 22.0 2,512.3 (17.8) 145.6
4.2
Other Revenue 54.2 8.0 (1.1) 722.0 120.4 97.9
Total Revenue 259.5 20.9 3,234.3 102.6 243.5

Expense: 177.5 (1.8) (4.3) 2,096.4 51.3 (1.0)
Salaries, Wages & Benefits 14.6 11.3 2.3 228.1 67.5 43.8
Train Operations 28.7 1.2 362.1 18.5
Fuel, Power, & Utilities 18.2 2.4 (25.9) 200.0 8.1
Materials 22.2 (0.6) (1.0) 189.2 5.3 (12.8)
Facility, Communication, & Office 8.5 (7.2) 0.9 96.4 (15.5)
Advertising & Sales 4.0 (0.3) 1.7 57.6 (7.2)
Casualty & Other Claims 44.0 (11.1) 0.2 699.3 2.3 (1.4)
Depreciation, net 63.9 16.7 (4.9) 439.1 (2.8) 9.7
Other Expenses (0.8) (35.7) (12.1) (134.6) 14.2 (30.3)
Indirect Costs Capitalized to P&E (10.9) (41.8) (92.7) (67.0)
Total Expenses 380.8 (37.3) 4,233.6 (6.9) 8.2
41.2 (49.7)

Net Loss from Operations 121.4 (29.3) (20.9) 999.3 143.8 193.8

Non-Operating Exp/(Inc) 2.0 2.8 23.7 24.2 36.4 38.0
Net Loss $123.4 ($26.5) $2.8 $1,023.5 $180.1 $231.8

Proforma Non-Cash Adjustments: (21.7) 13.4 (2.7) (149.8) 49.1 (27.0)
Less: Change in OPEB's and PRJ (44.3) (16.7) (3.3) (703.4) (14.2) 27.5
Less: Depreciation (0.8) (0.2)
Less: Inspector General (0.9) (3.0) (23.7) (18.4) (1.3) (38.0)
Less: Non-Operating Exp/(Inc) (2.0) (2.8) (1.4) (24.2) (36.4) (23.5)
Add: State Capital Payment Amortization 3.7 (0.9) (29.1) 61.0 (22.0) 170.5
Adjusted Loss 58.2 (36.3) 188.7 155.5

(1) Adjustment to exclude Depreciation, Net Interest, Project related revenue/costs covered by Capital funding (PRJ), non-cash portion of OPEBs, State Capital Payments and the Inspector
General's office.

A - 1.3

Capital Spending for the Year to Date period Ending

September 2014

Capital Spend Total Authorized Under/(Over) %
($ millions)
YTD FY14 YTD FY14 Authorized Variance

Engineering $637.7 $744.4 $106.7 14.3%
- ADA 24.5 38.2 13.7 35.9%
71.2 16.7%
Mechanical 355.0 426.2 46.3 22.9%
All Else * 156.3 202.6 16.9%
Total $1,173.5 $1,411.4 $237.9

* Excludes early buyout, Project Revenue and Inspector General projects.

Items impacting Year to Date Capital Spending:
Capital spending is under authorized due to the timing of progress payments on new
electric locomotives and delayed infrastructure work.

A - 1.4

METRICS

Key Performance Indicators

Preliminary and Unaudited Results For the Month Ended September 30, 2014

Budget Prior Year

Actual Budget/Goal Prior Year (1) Fav / (Unfav) (2) Fav / (Unfav) (2)

KPIs $0.193 $0.192 $0.179 $0.001 $0.015
RASM - Revenue per Seat Mile (a) $0.221 $0.209 $0.201 ($0.012) ($0.019)
CASM - Expenses per Seat Mile (b)
(NTS) Cost Recovery Ratio (c) 88% 92% 89% -4% -1%
Ridership (000's) (d) 2,520 2,486 2,385 33 135
Passenger Miles per total core employee (000's) 0.7
On-Time Performance (Endpoint) 31 30 30 -11.1% 0.5
Customer Satisfaction Index (e) 73.9% 85.0% 79.0% (5) -5.1%
Host Railroad Performance (f) n/a
79 84 83 (4)
1,385 n/a 1,024 (361)

Other Indicators 1,099,364 1,060,112 1,052,940 39,252 46,424
Seat Miles (000's) 532,765 534,965 515,103 (2,200) 17,662
Passenger Miles (000's) 3,174 3,126 3,124
Train Miles (000's) 48.5% 50.5% 48.9% 49 51
Average Load Factor 2.3 2.2 2.3 -2.0% -0.5%
Core diesel gallons per train mile (g) 63 59 62
Seat Miles per total core employee (000's) - n/a 206 0.1 0.0
Customer Injuries 3.9 1.7
Equipment - % of Units in Service: (h) 84.9% n/a 84.7% n/a 206
90.0% n/a 90.2%
Locomotive Fleet $178,097 $174,221 $167,106 n/a -0.2%
Passenger Fleet $0.3343 $0.3257 $0.3244 n/a 0.2%
Unadjusted Ticket Revenue ($000's) $70.68 $70.08 $70.08 $3,875 $10,991
Average Ticket Yield $72.05 $69.96 $64.04 $0.0086 $0.0013
Average Ticket Price $87.77 $80.68 $74.84 $0.61 $0.61
Core Revenue per Train Mile (i) 1.11 $2.09 $8.02
Core Expenses per Train Mile (j) 1.06 $3.48 1.12 $7.09 ($12.93)
Adjusted Operating Ratio (k) $3.08 $3.61 0.05 0.06
Average cost per gallon of diesel (l) $0.40 $0.52
$17,300 $11,730 $13,844
F&B Metrics(3) $28,581 $18,743 $28,032 $5,569 $3,456
Total F&B Revenue (000's) (m) ($11,281) ($7,013) ($14,188) ($9,838) ($548)
Total F&B Expenses (000's) ($4,268)
F&B Contribution/(Loss) (000's) 60.5% 62.6% 49.4% $2,907
F&B Cost Recovery Ratio $3.38 $2.28 $2.77 -2.1% 11.1%
F&B Revenue per 100 Passenger Miles $5.58 $3.64 $5.61 $1.10 $0.61
F&B Cost per 100 Passenger Miles ($1.93) $0.03

Notes:
(a) This is calculated as NTS Total Operating Revenue divided by Available Seat Miles to be consistent with the KPI's.
(b) This is calculated as NTS Total Operating Expense less Depreciation and non-cash OPEB's divided by Available Seat Miles.
(c) This is calculated as RASM divided by CASM.
(d) FY13 Riders have been adjusted for changes to the collection of Multi-Pass data
(e) CSI score has a one month lag.
(f) Minutes of delay per ten thousand Train Miles.
(g) Beginning in February FY11, train gallons include only fuel used on operating routes.
(h) As of April FY11, In Service statistics are obtained from the WMS system, which may not match prior Monthly Performance Reports.
(i) This is calculated as Total Core Operating Revenue divided by Total Train Miles.
(j) This is calculated as Total Core Operating Expense less Depreciation and non-cash OPEB's divided by Total Train Miles.
(k) This YTD measure is calculated as Total Operating Expenses (excluding Depreciation, OIG, OPEB's and PRJ) by Total Operating Revenue (excluding state capital payments).
(l) This includes net Fuel Hedge.
(m) Total Food and Beverage revenue includes an allocated portion of State Supported Revenue to cover F&B costs on State Routes.
(1) Beginning in FY11, statistics are from the Amtrak Performance Tracking (SAM_APT) System, which may not match prior Monthly Performance Reports.
(2) Variances may not foot due to rounding.
(3) F&B Metrics are based on statistical allocations using APT route data.

A - 2.1

Key Performance Indicators

Preliminary and Unaudited Results for Fiscal YTD September 30, 2014

Actual / Prior Year / Budget Prior Year
Average * Average (1)*
Budget/Goal Fav / (Unfav) (2) Fav / (Unfav) (2)

KPIs $0.200 $0.197 $0.184 $0.003 $0.016
RASM - Revenue per Seat Mile (a) $0.206 $0.219 $0.212 $0.013 $0.005
CASM - Expenses per Seat Mile (b)
(NTS) Cost Recovery Ratio (c) 97% 90% 87% 7% 10%
Ridership (000's) (d) 30,921 31,607 30,855 (685) 66
Passenger Miles per total core employee (000's) * 0.0
On-Time Performance (Endpoint) 32 32 32 0.0
Customer Satisfaction Index (e) 72.4% 85.0% 82.3% -12.6% -9.9%
Host Railroad Performance (f) * -
83 84 83 (1)
1,281 n/a 974 n/a (307)

Other Indicators 12,749,095 12,965,495 12,991,033 (216,400) (241,938)
Seat Miles (000's) 6,654,530 6,795,769 6,792,826 (141,239) (138,296)
Passenger Miles (000's) 37,999 37,949 38,167
Train Miles (000's) 52.2% 52.4% 52.3% 50 (168)
Average Load Factor 2.3 2.2 2.3 -0.2% -0.1%
Core diesel gallons per train mile (g) * 61 61 62
Seat Miles per total core employee (000's) * 2,044 n/a 2,371 0.1 0.0
Customer Injuries 0.3 -0.8
Equipment - % of Units in Service: (h) 85.0% n/a 84.2% n/a 327
89.4% n/a 89.7%
Locomotive Fleet * $2,188,567 $2,203,197 $2,105,017 n/a -0.8%
Passenger Fleet * $0.3289 $0.3242 $0.3099 n/a 0.3%
Unadjusted Ticket Revenue ($000's) $70.78 $69.71 $68.22 ($14,630) $83,550
Average Ticket Yield $71.81 $72.19 $67.45 $0.0047 $0.0143
Average Ticket Price $78.55 $84.22 $78.37 $1.07 $2.56
Core Revenue per Train Mile (i) 1.11 ($0.38) $4.36
Core Expenses per Train Mile (j) 1.06 $3.44 1.12 ($5.67) ($0.18)
Adjusted Operating Ratio (k) $3.18 $3.32 0.05 0.06
Average cost per gallon of diesel (l) $0.27 $0.14
$170,391 $149,902 $156,411
F&B Metrics(3) $326,358 $283,536 $335,965 $20,489 $13,980
Total F&B Revenue (000's) (m) ($155,967) ($133,634) ($179,553) ($42,821) $9,607
Total F&B Expenses (000's) ($22,333)
F&B Contribution/(Loss) (000's) 52.2% 52.9% 46.6% $23,587
F&B Cost Recovery Ratio $2.66 $2.28 $2.37 -0.7% 5.7%
F&B Revenue per 100 Passenger Miles $5.09 $4.32 $5.09 $0.38
F&B Cost per 100 Passenger Miles ($0.78) $0.29
($0.00)

Notes:
(a) This is calculated as NTS Total Operating Revenue divided by Available Seat Miles to be consistent with the KPI's.
(b) This is calculated as NTS Total Operating Expense less Depreciation and non-cash OPEB's divided by Available Seat Miles.
(c) This is calculated as RASM divided by CASM.
(d) FY13 Riders have been adjusted for changes to the collection of Multi-Pass data
(e) CSI score has a one month lag.
(f) Minutes of delay per ten thousand Train Miles.
(g) Beginning in February FY11, train gallons include only fuel used on operating routes.
(h) As of April FY11, In Service statistics are obtained from the WMS system, which may not match prior Monthly Performance Reports.
(i) This is calculated as Total Core Operating Revenue divided by Total Train Miles.
(j) This is calculated as Total Core Operating Expense less Depreciation and non-cash OPEB's divided by Total Train Miles.
(k) This is calculated as Total Operating Expenses (excluding Depreciation, OIG, OPEB's and PRJ) by Total Operating Revenue (excluding state capital payments).
(l) This includes net Fuel Hedge.
(m) Total Food and Beverage revenue includes an allocated portion of State Supported Revenue to cover F&B costs on State Routes.
(1) Beginning in FY11, statistics are from the Amtrak Performance Tracking (SAM_APT) System, which may not match prior Monthly Performance Reports.
(2) Variances may not foot due to rounding.
(3) F&B Metrics are based on statistical allocations using APT route data.
* Note: These metrics are reported as the YTD average.

A - 2.2

SUMMARY METRICS

Results as of September, 2014

LoRcAoSmMot-ivReesv-e%nuoef pUenritSseoauttMoifleService RASM YTD

Actual - FY14 Budget/Goal Prior Year - FY13 YTD - ACTUAL YTD - BUDGET/GOAL YTD - PRIOR YEAR

% out of service 28% $0.22 $0.22
Revenue per Seat Mile 26% $0.20 $0.21
24% $0.20
$0.19
22% $0.18 RASM $0.18
20% $0.16 $0.17
18% $0.16
$0.15
16% $0.14 WorseBetter $0.14
$0.13
14% Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep $0.12 September-14
$0.12 $0.200
$0.N19o4v $0.1D91ec $0.21J0an $0.183Feb $0.193 Mar $0.211 Apr $0.211 May $0.218 Jun $0.210 Jul $0.199 Aug$0.188 Se$p0.193 YTD - ACTUAL $0.197
12% Actual - FOYc1t4 $08.62.095% $0.8260.74% $0.18938.8% $0.16881.9% $0.18485.2% $0.198 84.6% $0.202 84.1% $0.198 84.4% $0.207 85.8%$0.209 85.7%$0.200 84.9$%0.192 YTD - $0.184
$08.31.850% $0.8158.77% $0.18933.3% $0.15893.6% $0.16984.6% $0.190 85.0% $0.186 83.8% $0.191 84.4% $0.198 84.8%$0.193 84.7%$0.183 84.7$%0.179
FY14 - LocoBudget/8G6o.3a%l BUDGET/GOAL
FY13 - LocoPrior Ye8a1r.8- %FY13 YTD - PRIOR YEAR

CASM - Expenses per Seat Mile CASM YTD

Actual - FY14 Budget/Goal Prior Year - FY13 YTD - ACTUAL YTD - BUDGET/GOAL YTD - PRIOR YEAR

CASM - Expenses per Seat Mile $0.30 $0.23

$0.28 $0.22

$0.26 $0.21

Worse CASM

$0.24 $0.20

$0.22 $0.19

$0.20 $0.18

$0.18 $0.17

$0.16 Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep $0.16 September-14
$0.188 $0.197 $0.200 $0.237 $0.227 $0.210 $0.205 $0.227 $0.200 $0.192 $0.181 $0.221 $0.206
Actual - FY14 $0.209 $0.210 $0.206 $0.225 $0.244 $0.217 $0.223 $0.228 $0.239 $0.217 $0.208 $0.209 YTD - ACTUAL $0.219
Budget/Goal $0.208 $0.206 $0.196 $0.206 $0.225 $0.207 $0.212 $0.218 $0.199 $0.260 $0.202 $0.201 YTD - BUDGET/GOAL $0.212
Prior Year - FY13 YTD - PRIOR YEAR

A - 2.3

SUMMARY METRICS

Results as of September, 2014

(NTS) Cost Recovery Ratio CRR YTD

Actual - FY14 Budget/Goal Prior Year - FY13

Actual - FY14 Budget/Goal Prior Year - FY13 100.0%

120.0%

Worse Core (NTS) Recovery Ratio

110.0% 90.0%

100.0%

RASM/CASM 90.0% 80.0%

80.0%

70.0% 70.0%

60.0%

50.0% Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep 60.0% September-14
103.1% 97.3% 105.1% 77.2% 84.8% 100.1% 102.5% 96.1% 104.9% 103.5% 103.5% 87.6% 97%
Actual - FY14 98.1% 98.7% 96.0% 74.6% 75.2% 91.4% 90.4% 87.0% 86.6% 96.0% 95.9% 91.9% Actual - FY14 90%
Budget/Goal 86.5% 90.8% 98.4% 77.1% 75.1% 91.8% 87.8% 87.9% 99.3% 74.4% 90.7% 88.6% Budget/Goal 87%
Prior Year - FY13 Prior Year - FY13

RIDERSHIP (000's) YTD (000's)

Actual - FY14 Budget/Goal Prior Year - FY13

Actual - FY14 Budget/Goal Prior Year - FY13

3,000 32,000
31,000
2,800 30,000
29,000
2,600 28,000
27,000
# of Riders 2,400 # of Riders 26,000
25,000
2,200 24,000
23,000
Better
Actual - FY14
2,000 Budget/Goal
Prior Year - FY13
1,800 Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep September-14
2,626 2,551 2,712 2,207 2,094 2,576 2,593 2,700 2,696 2,845 2,803 2,520 30,921
Actual - FY14 2,683 2,624 2,641 2,245 2,210 2,720 2,716 2,798 2,781 2,882 2,819 2,486 31,607
Budget/Goal 2,529 2,502 2,555 2,236 2,162 2,754 2,597 2,741 2,749 2,853 2,792 2,385 30,855
Prior Year - FY13

A - 2.4

SUMMARY METRICS

Results as of September, 2014

Passenger Miles per Core employee (000's) YTD Average (000's)

Actual - FY14 Budget/Goal Prior Year - FY13 FY12 Avg FY11 Avg

Actual - FY14 Budget/Goal Prior Year - FY13 FY12 Avg FY11 Avg

Passenger Miles/Core Employee 45 Jul Aug Sep Passenger Miles/Core Employee 40
38 37 31
40 37 36 30 35
39 38 30
35 30
Better

30

25 25

20 Avg Oct Nov Dec Jan Feb Mar Apr May Jun 20

Actual - FY14 32 30 34 26 24 31 31 33 35 Actual - FY14 September-14
Budget/Goal 32
Budget/Goal 30 30 32 27 25 34 31 33 35 Prior Year - FY13 32
FY12 Avg 32
Prior Year - FY13 30 30 32 27 25 34 31 34 37 FY11 Avg 32
32
FY12 Avg 32

FY11 Avg 32

Seat Miles per Core employee (000's) YTD Average (000's)

Actual - FY14 Budget/Goal Prior Year - FY13 FY12 Avg FY11 Avg

Actual - FY14 Budget - FY12 Prior Year - FY13 FY12 Avg FY11 Avg

70 Aug Sep 65
67 63
Seat Miles/Core Employee 65 63 59 Seat Miles/Core Employee
68 62
60

60

55 55

50 Better

45 Avg Oct Nov Dec Jan Feb Mar Apr May Jun Jul 50 September-14
63 62 62 56 51 59 59 60 63 66 61
Actual - FY14 61 60 60 63 60 53 62 60 63 62 62 Actual - FY14 61
Budget - FY12 61 58 59 62 60 54 63 61 65 64 67 Budget/Goal 62
Prior Year - FY13 Prior Year - FY13 61
FY12 Avg FY12 Avg 61
FY11 Avg FY11 Avg

A - 2.5

SUMMARY METRICS

Results as of September, 2014

Average Load Factor YTD

Actual - FY14 Budget/Goal Prior Year - FY13 Budget/Goal

Actual - FY14 Prior Year - FY13

Passenger Miles/Seat Miles 55%

70%

Passenger Miles/Seat Miles 60% 50%

50% 45%
Worse
40%
40%

30% Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep 35% September-14
50.1% 48.7% 55.1% 47.1% 46.7% 52.5% 52.5% 54.6% 56.4% 57.2% 55.2% 48.5% 52.2%
Actual - FY14 50.8% 50.3% 51.8% 44.5% 47.3% 54.8% 51.6% 52.8% 57.4% 59.1% 56.7% 50.5% Actual - FY14 52.4%
Budget/Goal 52.1% 50.4% 52.1% 44.5% 47.3% 54.8% 51.6% 52.8% 57.4% 58.2% 55.7% 48.9% Budget/Goal 52.3%
Prior Year - FY13 Prior Year - FY13

ON TIME PERFORMANCE YTD

Actual - FY14 Prior Year - FY13 Actual - FY14

Prior Year - FY13

90% 100%

Worse

% Trains on Time 85%

80% % Trains on Time 80%

75% 60%

70%

65% 40%

60% Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep 20% September-14
78.5% 77.9% 73.5% 67.8% 68.2% 75.6% 75.8% 71.7% 69.7% 67.2% 69.6% 73.9% 72.4%
Actual - FY14 82.6% 85.8% 86.0% 85.7% 87.9% 85.2% 84.3% 83.4% 75.9% 74.8% 78.1% 79.0% Actual - FY14 82.3%
Prior Year - FY13 Prior Year - FY13

A - 2.6

SUMMARY METRICS

Results as of September, 2014

TICKET REVENUE ($000's) YTD ($000's)

Actual - FY14 Budget/Goal Prior Year - FY13

Actual - FY14 Budget/Goal Prior Year - FY13 $2,300,000

$220,000 $2,200,000

$200,000 $2,100,000

Ticket Revenue Ticket Revenue $2,000,000

$180,000

$1,900,000

$160,000 $1,800,000
$140,000
Better $1,700,000

$1,600,000

$120,000 Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep $1,500,000 September-14
182,804 178,210 200,052 154,069 147,156 181,570 186,450 194,786 196,261 199,773 189,340 178,097 $2,188,567
Actual - FY14 187,869 191,775 191,029 151,015 147,918 188,071 183,884 193,510 197,828 202,536 193,540 174,221 Actual - FY14 $2,203,197
Budget/Goal 170,944 174,314 177,992 147,892 140,982 185,098 174,175 185,524 191,715 198,376 190,901 167,106 Budget/Goal $2,105,017
Prior Year - FY13 Prior Year - FY13

TICKET YIELD YTD

Actual - FY14 Budget/Goal Prior Year - FY13

Actual - FY14 Budget/Goal Prior Year - FY13

$0.3600 $0.3600
$0.3500
Ticket Rev/Psgr Mile $0.3400 Better Ticket Rev/Psgr Mile $0.3400
$0.3200 $0.3300
$0.3200
$0.3000 $0.3100
$0.3000
$0.2800 $0.2900
$0.2800
$0.2600 Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep $0.2700 September-14
$0.3364 $0.3429 $0.3309 $0.3304 $0.3469 $0.3350 $0.3418 $0.3389 $0.3213 $0.3042 $0.2989 $0.3343 $0.2600 $0.3289
Actual - FY14 $0.3486 $0.3561 $0.3302 $0.3160 $0.3296 $0.3117 $0.3361 $0.3245 $0.3118 $0.3066 $0.3043 $0.3257 $0.3242
Budget/Goal $0.3170 $0.3260 $0.3085 $0.3094 $0.3141 $0.3068 $0.3184 $0.3111 $0.3021 $0.2944 $0.2960 $0.3244 Actual - FY14 $0.3099
Prior Year - FY13 Budget/Goal
Prior Year - FY13

A - 2.7

SUMMARY METRICS

Results as of September, 2014

Gallons per train mile YTD

Actual - FY14 Budget/Goal Prior Year - FY13 FY12 Avg FY11 Avg

Actual - FY14 Budget/Goal Prior Year - FY13 FY12 FY11

Fuel Gallons/Train Mile 2.5

Fuel Gallons/Train Mile 3.0 2.3
Better

2.6

2.0

2.2

1.8

1.8

1.4 Avg Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep 1.5 September-14
2.3
Actual - FY14 2.1 2.3 2.2 2.5 2.3 2.3 2.4 2.3 2.4 2.3 2.3 2.3 Actual - FY14 2.2
Budget/Goal 2.3
Budget/Goal 2.4 2.3 2.2 2.2 2.4 2.2 2.2 2.1 2.1 2.2 2.1 2.2 Prior Year - FY13 2.3
FY12 2.2
Prior Year - FY13 2.3 2.3 2.4 2.2 2.4 2.1 2.3 2.3 2.1 2.3 2.3 2.3 FY11

FY12 Avg 2.3

FY11 Avg 2.2

Average Cost per diesel gallon YTD

Actual - FY14 Budget/Goal Prior Year - FY13 Actual - FY14 Budget/Goal Prior Year - FY13

Fuel Cost/Fuel Gallons $5.00 Fuel Cost/Fuel Gallons $3.80
$4.50 $3.60
$4.00 Better $3.40
$3.50 $3.20
$3.00 Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep $3.00 September-14
$2.50 $3.21 $3.01 $3.01 $3.51 $3.09 $3.37 $3.06 $3.38 $2.94 $3.27 $3.14 $3.08 $2.80 $3.18
$2.00 $3.37 $3.35 $3.31 $3.45 $3.44 $3.55 $3.47 $3.54 $3.46 $3.41 $3.49 $3.48 $2.60 $3.44
$1.50 $3.66 $3.41 $3.34 $2.95 $3.74 $3.39 $3.59 $3.25 $3.23 $2.76 $3.02 $3.61 $2.40 $3.32
$1.00 $2.20
$2.00
Actual - FY14
Budget/Goal Actual - FY14
Prior Year - FY13 Budget/Goal
Prior Year - FY13

A - 2.8

RIDERSHIP

AND

REVENUE

Ticket Revenue and Ridership Summary – September 2014

Beginning in FY14 Amtrak began counting ridership for multi-ride tickets with eTicketing rather
than the estimates used previously. With this change there will be a drop in reported ridership
due to less trips taken on a typical pass (mostly with Monthly passes) than was allocated in the
old methodology. This change will not impact ticket revenues. In order to have accurate
ridership comparisons with last year, some tables and reports will include an additional column
of FY13 ridership that was re-stated using the current method.

September FY14 ridership of 2.52 million trips was +3% vs September FY13 (+6% when
adjusted) and 1% ahead of budget. September FY14 ticket revenues of $178.1 million were +6%
vs last September and 2% ahead of budget. There was weak travel demand on many state
corridor and most long distance routes in September. However, strong growth on the NEC, the
Auto Train, and several larger state corridor routes helped drive September’s good year-over-year
results for the Amtrak system. The deferred revenue allocation in September was $2.2 million,
and there $1.3 million in forfeited tickets that were included in September’s ticket revenues.

September FY14

Ridership (millions) Ticket Revenue ($ millions)

FY13 FY14 % change FY14 vs % change vs.

Service FY14 Actuals Adjusted* Budget Actuals Adj* Budget FY14 FY13 Budget FY13 Budget

Amtrak Total 2.52 2.44 2.38 2.49 +3.3 +5.7 +1.3 $178.1 $167.1 $174.2 +6.6 +2.2

NEC Spine 1.00 0.91 0.90 0.93 +10.0 +11.2 +7.5 $101.8 $90.6 $93.9 +12.3 +8.4
Acela 0.31 0.28 0.28 0.29 +10.0 +10.0 +5.1 $50.8 $44.0 $46.4 +15.4 +9.6
Northeast Regional 0.69 0.63 0.62 0.64 +9.9 +11.6 +8.4 $50.5 $46.4 $47.4 +8.9 +6.6
1.17 1.18 1.13 1.19 -0.4 +3.7 -1.2 $37.3 $36.4 $39.3 +2.2 -5.2
State Corridors 0.35 0.35 0.35 0.37 -2.0 -2.1 -6.0 $39.1 $40.0 $41.1 -2.4 -4.9
Long Distance

September FY14 Amtrak on-time performance of 74% was -5 points vs last September. Acela
OTP was 76%, -4 points vs last September. Northeast Regional OTP was 75%, -2 points vs last
year. OTP on state corridor trains was 77%, -4 points vs last year. Long distance OTP was 50%,
-19 points vs last year. Gasoline prices averaged $3.48 per gallon nationwide in September,
which is a small decline from both the prior month (-2%) and last September (-3%).

Amtrak FY14 year-end ridership of 30.9 million trips was -2% vs last year’s reported Actuals but
slightly ahead (+0.2%) of last year’ adjusted ridership. FY14 total ticket revenues were $2.19
billion which were 4% ahead of last year but 1% below budget…

FY14

Ridership (millions) Ticket Revenue ($ millions)

FY13 FY14 % change FY14 vs % change vs.

Service FY14 Actuals Adjusted* Budget Actuals Adj* Budget FY14 FY13 Budget FY13 Budget

Amtrak Total 30.92 31.56 30.85 31.61 -2.0 +0.2 -2.2 $2,188.7 $2,105.0 $2,203.2 +4.0 -0.7

NEC Spine 11.65 11.40 11.28 11.55 +2.2 +3.3 +0.8 $1,191.4 $1,101.0 $1,153.3 +8.2 +3.3
Acela 3.55 3.34 3.34 3.44 +6.0 +6.0 +3.2 $585.8 $530.8 $557.7 +10.4 +5.0
Northeast Regional 8.08 8.04 7.92 8.11 +0.5 +2.0 -0.3 $603.5 $568.7 $594.1 +6.1 +1.6
14.73 15.41 14.82 15.22 -4.4 -0.6 -3.2 $486.6 $478.1 $502.9 +1.8 -3.2
State Corridors 4.54 4.75 4.76 4.84 -4.4 -4.5 -6.0 $510.7 $525.9 $547.0 -2.9 -6.6
Long Distance

A - 3.1

Acela
Acela ridership in September was 10% ahead of last year and 5% ahead of budget. Ticket
revenues were 15% ahead of last year and 10% ahead of budget. Acela’s strong performance vs
last year was due in part to the impact of last year’s Metro-North power outage during the last
week of September FY13. In addition, there was an extra business day this year compared to last
September which benefited this year’s reported performance. Acela’s performance compared to
year ago and budget would been even better if not for the catenary problem this year on
September 16th. Cancelled Acela service throughout most of the day resulted in an estimated
5,100 lost trips worth about $1.0 million in lost ticket revenues. First class ridership in
September was 16% ahead of last year. Business class ridership was +9% vs last year. Due in
part to last year’s Metro-North power outage, ridership in both north of NY (+30%) and south of
NY (+20%) segments were significantly ahead of September FY13. Ridership south of NY was
+1% vs last year and was impacted by this years’ service disruption…

Acela Year-over-Year % Change

FY13 Riders hip Ticket Revenues
Q1 FY14 Year Ago Budget Year Ago Budget
Q2 FY14
Q3 FY14 -2% -2% +5% -2%
July FY14
August FY14 +17% +6% +17% +4%
September FY14
-4% -4% +6% +4%

+7% +6% +11% +8%

+6% +7% +6% +5%

-2% -1% -1% -1%

+10% +5% +15% +10%

Northeast Regional
Northeast Regional ridership in September FY14 was +10% vs last year (+12% adjusted) and
+8% vs budget. Ticket revenues were 9% ahead of last year and +7% vs budget. Business class
ridership was +8% vs last year, and coach ridership (minus multi-ride travel) was +13% year-
over-year. Changes in revenue management strategies continued to have a positive impact on
ridership demand throughout September (for most of the month, year-over-year daily demand on
single trip tickets were consistently ahead of last year). The service disruption on September 16th
had minimal net impact on Northeast Regional (estimated 3,000 lost trips worth $225,000 in lost
ticket revenues) as Northeast Regional carried many Acela riders after the catenary was repaired.
Demand north of NY was +5% vs last year. Trips through NY were +7% vs last year. Ridership
in south of NY markets was +12% vs last September. In particular the south-end endpoint market
of NY-DC was 22% ahead of last year…

Northeast Regional Year-over-Year % Change

Riders hip Ticket Revenues
Year Ago Budget
Year Ago Year Ago (adj.)* Budget
-1% +6% -2%
FY13 +½% -

Q1 FY14 +6% +8% +1% +9% -1%
Q2 FY14 -3% -1% -1% +7% +5%
Q3 FY14 -6% -5% -7% +4% 0%
July FY14 +1% +2% +2% +1% 0%
August FY14 +6% +8% +8% +3% +2%
September FY14 +10% +12% +8% +9% +7%

* Accounts for the change in multi-ride reporting

A - 3.2

State Corridors
September State Corridor ridership was slightly below (-½%) last year (+4% adjusted) and -1%
vs budget. State Corridor ticket revenues were +2% vs last year but -5% vs budget. As with
previous months, some routes in this business line continued to perform well including the Pacific
Surfliner, Empire, and Keystone. However, only seven of the 29 routes met or exceeded ticket
revenue Budget in September, and for FY14 total year only eight routes ended ahead of ticket
revenue Budget. Several western routes including the Cascades (-12%), San Joaquin (-8%) and
Capitol Corridor (-5%) are significantly below FY14 ticket revenue Budget. Several routes
continued to be impacted by trackwork in September. In addition, poor OTP continued to impact
most state corridor routes during the month, and competitive low-cost bus service continues to
impact certain markets, especially on Midwest state corridor trains and NER Virginia. Some state
corridor routes have lost trips to long distance trains in overlapping markets…

State Corridor Year-over-Year % Change

FY13 Riders hip Budget Ticket Revenues
Year Ago Year Ago (adj.) -1% Year Ago Budget

+2% - +4% +2%

Q1 FY14 -3% +1% -2% +3% -4%

Q2 FY14 -8% -4% -4% -1% -3%

Q3 FY14 -4% -1% -4% +3% -3%

July FY14 -5% -2% -3% +1% -3%

August FY14 -4% -½% -2% +2% -2%

September FY14 -½% -4% -1% +2% -5%

* Accounts for the change in multi-ride reporting

Long Distance
September long distance train ridership was 2% below last September and 6% below budget.
Long distance ticket revenues were 2% below last year and 5% below budget. Only three of the
15 long distance trains (Auto Train, Southwest Chief, and California Zephyr) exceeded
September’s ticket revenue budget. Sleeper ridership for the month was +5% vs last year, but
coach ridership was -3% vs last September. Poor on-time performance continued to impact most
long distance trains in September which extremely low scores on the Capitol Ltd., Empire
Builder, California Zephyr, Lake Shore Ltd., and Texas Eagle…

Long Distance Year-over-Year % Change

Riders hip Ticket Revenues
Year Ago Budget
Year Ago Budget
+2% -2%
FY13 +½% -1%
Q1 FY14
Q2 FY14 -3% -3% 0% -6%
Q3 FY14
July FY14 -9% -10% -7% -11%
August FY14
September FY14 -3% -3% -1% -5%

-4% -5% -4% -6%

-6% -7% -6% -7%

-2% -6% -2% -5%

A - 3.3

Confidential/Proprietary/Deliberative Process Materials

September FY14

Ridership Ticket Revenue

FY13 FY14 % chg. FY14 vs FY14 % chg. FY14 vs

NEC Spine FY14 Actuals Adjusted* Budget Actuals Adj.* Budget FY14 FY13 Budget FY13 Budget
1 - Acela 307,557 $50,791,138
5 - Northeast Regional 690,389 279,607 279,607 292,569 +10.0 +10.0 +5.1 $50,507,353 $44,003,087 $46,359,095 +15.4 +9.6
99 - Special Trains
1,500 628,436 618,656 636,921 +9.9 +11.6 +8.4 $476,528 $46,385,340 $47,383,803 +8.9 +6.6
Subtotal
999,446 600 600 300 +150.0 +150.0 +400.0 $101,775,020 $233,220 $128,730 +104.3 +270.2
State Supported
3 - Ethan Allen 908,643 898,863 929,790 +10.0 +11.2 +7.5 $90,621,647 $93,871,628 +12.3 +8.4
4 - Vermonter
7 - Albany-Niagara Falls-Toronto 3,618 3,663 3,663 4,141 -1.2 -1.2 -12.6 $197,566 $193,724 $216,829 +2.0 -8.9
9 - Downeaster 6,289 5,918 5,918 5,745 +6.3 +6.3 +9.5 $366,597 $335,176 $336,286 +9.4 +9.0
12 - New Haven-Springfield 30,826 29,420 29,420 +4.8 +0.2 $1,742,944 $1,696,626 $1,876,011 +2.7 -7.1
14 - Keystone 44,511 48,485 44,475 30,755 +4.8 +0.1 -4.6 $759,839 $699,492 $749,319 +8.6 +1.4
15 - Empire (NYP-ALB) 28,932 27,600 27,040 46,639 -8.2 +7.0 -4.2 $898,955 $869,777 $956,093 +3.4 -6.0
20 - Chicago-St. Louis (Lincoln Service) 111,814 114,976 100,916 +10.8 +10.1 $3,011,784 $2,814,677 $2,938,229 +7.0 +2.5
21 - Hiawatha 92,184 86,347 85,017 30,191 +4.8 +8.4 +6.0 $3,805,375 $3,509,833 $3,702,454 +8.4 +2.8
22 - Wolverine 46,765 48,113 47,833 101,533 -2.8 -2.2 -9.3 $1,112,597 $1,110,493 $1,329,918 +0.2 -16.3
23 - Chicago-Carbondale (Illini/Saluki) 67,052 65,785 62,395 +7.5 +6.5 $1,424,542 $1,318,697 $1,387,719 +8.0 +2.7
24 - Chicago-Quincy (IL Zephyr/Carl Sandburg) 35,032 35,125 35,125 86,975 +6.8 -0.3 -8.2 $1,302,917 $1,275,074 $1,414,654 +2.2 -7.9
29 - Heartland Flyer 24,517 25,816 25,816 51,534 -2.8 -5.0 -7.2 $679,356 $722,376 $755,952 -6.0 -10.1
35 - Pacific Surfliner 16,253 17,345 17,345 -6.3 -14.4 $416,604 $448,553 $514,879 -7.1 -19.1
36 - Cascades 5,002 5,297 5,307 62,967 +1.9 -5.7 -7.2 $130,915 $141,280 $137,531 -7.3 -4.8
37 - Capitol Corridor 216,427 207,310 204,590 38,178 -0.3 +5.8 -0.4 $5,316,135 $4,893,818 $5,438,265 +8.6 -2.2
39 - San Joaquin 65,766 68,231 67,601 -2.7 -7.9 $2,429,863 $2,486,035 $2,869,230 -2.3 -15.3
40 - Adirondack 119,034 132,937 114,707 26,431 -5.0 +3.8 +1.5 $2,250,004 $2,197,096 $2,287,964 +2.4 -1.7
41 - Blue Water 90,475 91,129 89,729 18,993 -6.3 +0.8 -6.8 $2,859,737 $2,945,302 $3,380,593 -2.9 -15.4
46 - Washington-Lynchburg 10,622 10,784 10,784 -1.5 -1.7 $596,977 $577,686 $580,781 +3.3 +2.8
47 - Washington-Newport News 13,275 13,859 13,859 5,390 -5.6 -4.2 -8.7 $445,586 $434,801 $458,688 +2.5 -2.9
50 - Washington-Norfolk 14,366 12,131 12,131 217,293 +4.4 +18.4 +11.5 $861,551 $754,823 $786,892 +14.1 +9.5
51 - Washington-Richmond 26,081 38,980 38,600 -32.4 -3.5 $1,527,735 $2,096,143 $1,570,689 -27.1 -2.7
54 - Hoosier State 11,810 10,810 10,810 71,422 -3.6 +9.3 +4.5 $538,056 $635,697 +9.0 -15.4
56 - Kansas City-St. Louis (MO River Runner) 15,087 117,286 -10.5 -4.2 $655,802 493,804 $678,298 -3.3
57 - Pennsylvanian 2,433 - - - -7.3 - - -9.9
65 - Pere Marquette 14,421 2,489 2,489 97,083 -0.7 -2.2 -6.7 $54,902 $60,967 -1.5 -8.3
66 - Carolinian 16,948 14,673 14,703 10,807 -1.5 -1.9 +0.4 $411,660 $55,733 $448,884 -0.2 -1.3
67 - Piedmont 6,989 16,397 16,317 +3.9 -2.5 $788,890 $412,446 $799,201 +2.6 -0.8
74-81, 85 - Buses 22,210 6,778 6,778 14,545 -4.2 +3.1 -9.0 $207,116 $768,935 $208,866 +5.9 -11.1
96 - Special Trains 13,246 22,868 23,018 12,884 +18.4 -3.5 -14.3 $1,329,931 $195,583 $1,496,765 -4.6 -7.4
13,259 14,039 27,026 -33.1 -5.6 $272,002 $1,394,524 $293,683 +2.8 +12.1
Subtotal - 11,306 +9.3 - $671,087 $264,662 $598,880 +6.8 -50.1
2,590 - - 15,747 - +42.4 $192,651 $628,189 $386,280 -72.9
Long Distance 2,220 2,220 - +16.7 $710,484 -5.2
16 - Silver Star 1,174,575 -1.2 $37,259,677 $39,296,497 +2.2
18 - Cardinal 1,178,745 1,132,645 2,626 -2.2 +3.7 $36,445,840
19 - Silver Meteor 15,458 -1.7
25 - Empire Builder
26 - Capitol Ltd. 16,877 +3.4
27 - California Zephyr 7,171 +3.1
28 - Southwest Chief
30 - City of New Orleans 24,397 -2.9
32 - Texas Eagle 15,449 -0.1
33 - Sunset Ltd.
34 - Coast Starlight --
45 - Lake Shore Ltd. 1,819 +16.7
48 - Palmetto
52 - Crescent 1,188,668 -0.4
63 - Auto Train
28,038 30,128 30,128 29,665 -6.9 -6.9 -5.5 $2,168,491 $2,321,273 $2,315,529 -6.6 -6.4
Subtotal 8,467 8,717 8,717 9,573 -2.9 -2.9 -11.6 $613,259 $586,743 $640,558 +4.5 -4.3
-1.7 -1.7 -3.3 +1.3 -1.2
25,167 25,611 25,611 26,020 -17.0 -17.0 -20.0 $2,561,769 $2,528,919 $2,594,109 -23.2 -23.5
33,378 40,222 40,222 41,740 +1.4 +1.4 -0.2 $4,818,166 $6,276,639 $6,295,013 -4.8 -7.8
19,488 19,212 19,212 19,521 +16.7 +16.7 -3.5 $1,673,020 $1,756,936 $1,814,777 +14.9 +0.4
30,878 26,453 26,453 32,005 +7.1 +7.1 +6.5 $4,753,864 $4,137,748 $4,733,289 +7.4 +7.2
28,588 26,696 26,696 26,838 +4.7 +4.7 -1.0 $3,821,720 $3,558,004 $3,565,048 -1.4 -7.2
19,924 19,024 19,024 20,116 +0.5 -0.7 -7.8 $1,449,742 $1,470,312 $1,562,473 +0.0 -6.0
23,703 23,589 23,869 25,702 +3.8 +3.8 -0.2 $1,899,162 $1,898,771 $2,019,315 +2.0 -0.3
+1.5 +1.5 -2.2 -0.9 -2.5
7,180 6,914 6,914 7,193 -11.6 -11.6 -17.8 $838,211 $821,764 $841,114 -5.5 -8.8
38,294 37,722 37,722 39,172 -3.2 -3.2 -1.9 $3,660,755 $3,693,394 $3,753,280 -10.3 -9.3
27,036 30,568 30,568 32,886 -11.3 -11.3 -7.1 $2,418,995 $2,559,500 $2,652,021 -4.9 -3.5
15,438 15,947 15,947 15,736 +5.1 +5.1 +1.2 $1,186,567 $1,322,928 $1,307,907 +4.8 +7.3
22,270 25,107 25,107 23,961 $2,417,447 $2,542,486 $2,503,910
17,721 16,855 16,855 17,509 -2.0 -2.1 -6.0 $4,780,860 $4,563,101 $4,454,950 -2.4 -4.9

345,570 352,765 353,045 367,637 $39,062,029 $40,038,519 $41,053,293

Amtrak Total 2,519,591 2,440,153 2,384,553 2,486,095 +3.3 +5.7 +1.3 $178,096,726 $167,106,006 $174,221,418 +6.6 +2.2

* In FY14, Amtrak began counting actual lifted ridership for multi-ride tickets (due to eTicketing), rather than the estimated multi-ride ridership used previously. To ensure accurate
comparisons, an additional FY13 ridership column has been included in this report with data re-stated using this same method. This change has no impact on ticket revenues.

A - 3.4

Amtrak Market Research and Analysis

Confidential/Proprietary/Deliberative Process Materials

FY14

Ridership Ticket Revenue

FY13 FY14 % chg. FY14 vs FY14 % chg. FY14 vs
FY13 Budget
NEC Spine FY14 Actuals Adjusted* Budget Actuals Adj.* Budget FY14 FY13 Budget +10.4 +5.0
1 - Acela 3,545,306 $585,770,219 +6.1 +1.6
5 - Northeast Regional 8,083,237 3,343,143 3,343,143 3,436,037 +6.0 +6.0 +3.2 $603,529,930 $530,820,821 $557,744,935 +46.3 +53.5
99 - Special Trains
17,539 8,044,216 7,924,316 8,107,530 +0.5 +2.0 -0.3 $2,124,746 $568,744,563 $594,149,467
Subtotal
8,647 8,647 8,427 +102.8 +102.8 +108.1 $1,452,138 $1,384,218

11,646,082 11,396,006 11,276,106 11,551,994 +2.2 +3.3 +0.8 $1,191,424,895 $1,101,017,522 $1,153,278,620 +8.2 +3.3

State Supported 52,755 53,271 53,271 55,255 -1.0 -1.0 -4.5 $2,898,957 $2,825,134 $2,982,717 +2.6 -2.8
3 - Ethan Allen 89,640 84,109 84,109 88,468 +6.6 +6.6 +1.3 $5,531,708 $5,029,712 $5,403,599 +10.0 +2.4
4 - Vermonter 410,344 406,973 406,973 427,065 +0.8 +0.8 -3.9 $24,712,104 $23,796,560 $25,586,361 +3.8 -3.4
7 - Albany-Niagara Falls-Toronto 514,708 559,977 515,857 535,846 -8.1 -0.2 -3.9 $8,638,103 $8,211,723 $8,571,172 +5.2 +0.8
9 - Downeaster 370,896 390,027 383,517 398,227 -4.9 -3.3 -6.9 $12,238,623 $11,944,482 $12,670,926 +2.5 -3.4
12 - New Haven-Springfield 1,326,450 1,466,504 1,286,214 1,316,119 -9.6 +3.1 +0.8 $37,804,213 $35,442,502 $37,032,548 +6.7 +2.1
14 - Keystone 1,119,959 1,081,329 1,064,799 1,109,084 +3.6 +5.2 +1.0 $47,472,663 $44,299,328 $47,144,031 +7.2 +0.7
15 - Empire (NYP-ALB) 633,531 655,465 651,975 649,866 -3.3 -2.8 -2.5 $16,792,321 $16,382,439 $17,200,660 +2.5 -2.4
20 - Chicago-St. Louis (Lincoln Service) 799,638 820,789 778,469 786,590 -2.6 +2.7 +1.7 $16,794,044 $16,287,184 $16,814,131 +3.1 -0.1
21 - Hiawatha 477,157 509,100 509,100 509,192 -6.3 -6.3 -6.3 $18,900,614 $19,398,853 $19,841,086 -2.6 -4.7
22 - Wolverine 315,963 340,741 340,741 338,209 -7.3 -7.3 -6.6 $9,272,724 $9,562,149 $9,980,123 -3.0 -7.1
23 - Chicago-Carbondale (Illini/Saluki) 214,951 228,722 228,722 228,110 -6.0 -6.0 -5.8 $5,521,055 $5,788,619 $6,098,984 -4.6 -9.5
24 - Chicago-Quincy (IL Zephyr/Carl Sandburg) 77,861 81,226 81,346 82,364 -4.1 -4.3 -5.5 $1,965,642 $2,022,956 $2,093,804 -2.8 -6.1
29 - Heartland Flyer 2,681,173 2,705,823 2,670,613 2,741,740 -0.9 +0.4 -2.2 $65,514,742 $62,576,548 $65,526,377 +4.7 -0.0
35 - Pacific Surfliner 782,519 811,692 802,732 853,420 -3.6 -2.5 -8.3 $28,440,469 $29,269,205 $32,306,925 -2.8 -12.0
36 - Cascades 1,419,134 1,701,185 1,460,455 1,490,040 -16.6 -2.8 -4.8 $27,105,046 $27,699,783 $28,580,210 -2.1 -5.2
37 - Capitol Corridor 1,188,228 1,219,818 1,203,278 1,238,767 -2.6 -1.3 -4.1 $38,087,608 $39,401,591 $41,560,868 -3.3 -8.4
39 - San Joaquin 133,764 133,008 133,008 138,193 +0.6 +0.6 -3.2 $7,538,465 $7,035,147 $7,443,719 +7.2 +1.3
40 - Adirondack 191,231 191,106 191,106 193,566 +0.1 +0.1 -1.2 $6,487,869 $6,228,730 $6,424,491 +4.2 +1.0
41 - Blue Water 189,723 186,125 186,125 192,248 +1.9 +1.9 -1.3 $12,604,973 $11,744,966 $12,303,072 +7.3 +2.5
46 - Washington-Lynchburg 344,335 578,368 573,788 366,854 -40.5 -40.0 -6.1 $22,057,190 $32,916,626 $23,569,806 -33.0 -6.4
47 - Washington-Newport News 152,135 127,937 127,937 154,652 +18.9 +18.9 -1.6 $7,748,910 $6,233,871 $8,019,268 +24.3 -3.4
50 - Washington-Norfolk 190,833 212,112 -10.0 $9,594,953 $10,186,199 -5.8
51 - Washington-Richmond 33,930 - - 37,248 - - -8.9 - - -13.1
54 - Hoosier State 189,402 36,768 36,768 203,418 -7.7 -7.7 -6.9 $802,581 $892,553 $923,054 -10.1 -8.4
56 - Kansas City-St. Louis (MO River Runner) 230,767 199,470 199,890 221,759 -5.0 -5.2 +4.1 $5,341,229 $5,617,913 $5,833,693 -4.9 +5.9
57 - Pennsylvanian 100,961 218,917 217,947 105,862 +5.4 +5.9 -4.6 $11,447,786 $10,431,324 $10,805,886 +9.7 -4.8
65 - Pere Marquette 302,601 104,491 104,491 329,182 -3.4 -3.4 -8.1 $3,101,530 $3,152,828 $3,257,498 -1.6 -7.7
66 - Carolinian 170,413 317,550 319,380 186,147 -4.7 -5.3 -8.5 $19,136,311 $19,841,847 $20,726,802 -3.6 -3.2
67 - Piedmont 170,266 179,556 +0.1 -5.1 $3,402,929 $3,325,948 $3,514,996 +2.3 -6.1
74-81, 85 - Buses - - - $7,686,264 $8,161,199 $8,181,610 -5.8 -16.4
96 - Special Trains 26,991 - - 29,184 - - -7.5 $1,930,798 $2,577,784 $2,309,600 -25.1
29,314 29,314 -7.9 -7.9 -3.2
Subtotal -3.2 $486,572,424 $478,099,504 $502,894,216 +1.8
14,731,993 15,410,071 14,821,481 15,218,787 -4.4 -0.6

Long Distance 405,695 414,077 414,077 429,962 -2.0 -2.0 -5.6 $34,557,675 $34,095,273 $36,195,278 +1.4 -4.5
16 - Silver Star 109,154 113,103 113,103 119,332 -3.5 -3.5 -8.5 $7,763,143 $7,733,458 $8,339,549 +0.4 -6.9
18 - Cardinal 348,581 373,162 373,162 380,856 -6.6 -6.6 -8.5 -2.7 -6.8
19 - Silver Meteor 450,932 536,391 536,391 536,935 -15.9 -15.9 -16.0 $38,499,563 $39,558,152 $41,325,913 -19.1 -21.1
25 - Empire Builder 235,926 229,668 229,668 230,112 +2.7 +2.7 +2.5 $54,545,844 $67,394,779 $69,118,017 -3.7 -6.1
26 - Capitol Ltd. 366,564 376,932 376,932 390,387 -2.8 -2.8 -6.1 $20,591,711 $21,373,833 $21,938,124 -1.3 -7.2
27 - California Zephyr 352,162 355,815 355,815 355,669 -1.0 -1.0 -1.0 $49,206,656 $49,864,217 $53,004,450 -1.1 -3.9
28 - Southwest Chief 251,106 256,816 256,816 257,368 -2.2 -2.2 -2.4 $44,631,296 $45,129,813 $46,425,318 -5.9 -8.7
30 - City of New Orleans 313,338 340,081 343,571 348,592 -7.9 -8.8 -10.1 $20,186,510 $21,440,868 $22,102,338 -10.2 -13.9
32 - Texas Eagle 105,041 102,924 102,924 104,255 +2.1 +2.1 +0.8 $24,833,403 $27,650,161 $28,829,608 +2.6 -1.4
33 - Sunset Ltd. 459,450 479,522 479,522 486,358 -4.2 -4.2 -5.5 $12,597,724 $12,275,400 $12,771,282 -1.5 -4.7
34 - Coast Starlight 373,331 395,455 395,455 400,698 -5.6 -5.6 -6.8 $42,150,907 $42,786,995 $44,250,103 -3.3 -6.4
45 - Lake Shore Ltd. 203,168 207,915 207,915 214,209 -2.3 -2.3 -5.2 $31,841,366 $32,919,676 $34,029,358 -4.7 -9.3
48 - Palmetto 294,306 306,733 306,733 310,456 -4.1 -4.1 -5.2 $17,083,752 $17,929,176 $18,845,503 +3.4 -0.3
52 - Crescent 274,445 265,274 265,274 270,555 +3.5 +3.5 +1.4 $33,336,475 $32,233,213 $33,445,857 +7.2 +3.2
63 - Auto Train $78,831,501 $73,505,625 $76,403,224
4,543,199 4,753,868 4,757,358 4,835,744 -4.4 -4.5 -6.0 -2.9 -6.6
Subtotal $510,657,526 $525,890,638 $547,023,922

Amtrak Total 30,921,274 31,559,945 30,854,945 31,606,525 -2.0 +0.2 -2.2 $2,188,654,846 $2,105,007,664 $2,203,196,758 +4.0 -0.7

* In FY14, Amtrak began counting actual lifted ridership for multi-ride tickets (due to eTicketing), rather than the estimated multi-ride ridership used previously. To ensure accurate
comparisons, an additional FY13 ridership column has been included in this report with data re-stated using this same method. This change has no impact on ticket revenues.

A - 3.5

Amtrak Market Research and Analysis

Confidential/Proprietary/Deliberative Process Materials

Amtrak Long Distance Ridership & Ticket Revenues, FY14 vs FY13

(Sleeper Class Only)

September… Ridership Ticket Revenue

16 - Silver Star FY14 FY13 % Chg. FY14 FY13 % Chg.
18 - Cardinal -1.6 +2.4
19 - Silver Meteor 2,062 2,096 $502,944 $491,092
25 - Empire Builder +62.7 +37.2
26 - Capitol Ltd. 989 608 +8.9 $209,326 $152,591 +12.3
27 - California Zephyr -11.0 -16.8
28 - Southwest Chief 3,188 2,927 +5.3 $834,748 $743,198
30 - City of New Orleans -3.3
32 - Texas Eagle 7,042 7,909 +18.0 $2,787,179 $3,348,247 +20.5
33 - Sunset Ltd. +6.5 +10.3
34 - Coast Starlight 4,002 3,801 +8.4 $826,423 $854,451 +10.3
45 - Lake Shore Ltd. -1.5
52 - Crescent 6,875 5,825 -0.8 $2,751,168 $2,283,840 +2.9
63 - Auto Train -0.3
5,696 5,347 +11.3 $2,013,127 $1,825,318 +2.6
Total +9.1 +4.4
3,013 2,779 -4.8 $496,210 $449,916 +5.3
FY14… +3.4 +5.9
2,884 2,929 $710,454 $690,642
16 - Silver Star
18 - Cardinal 1,381 1,392 $415,532 $416,783
19 - Silver Meteor
25 - Empire Builder 7,267 6,531 $1,842,937 $1,795,899
26 - Capitol Ltd.
27 - California Zephyr 3,656 3,351 $971,201 $930,468
28 - Southwest Chief
30 - City of New Orleans 2,184 2,294 $637,805 $605,525
32 - Texas Eagle
33 - Sunset Ltd. 7,699 7,443 $1,950,369 $1,841,104
34 - Coast Starlight
45 - Lake Shore Ltd. 57,938 55,232 +4.9 $16,949,424 $16,429,075 +3.2
52 - Crescent
63 - Auto Train Ridership Ticket Revenue

Total FY14 FY13 % Chg. FY14 FY13 % Chg.
+0.6 +5.1
30,852 30,681 $7,783,079 $7,403,868
+25.0 +20.0
8,602 6,882 +2.5 $1,921,896 $1,602,029 +4.4
-9.0 -12.0
42,922 41,889 +0.8 $11,807,364 $11,305,101 -5.2
+0.9 +0.9
76,850 84,413 +0.5 $24,609,832 $27,969,145 +2.3
-2.3 -0.5
45,992 45,626 -9.3 $9,134,208 $9,631,771 -7.9
+6.4 +7.0
73,128 72,472 +3.2 $25,137,815 $24,904,228 +2.9
+5.3 +2.7
61,358 61,082 -3.5 $19,785,355 $19,333,538 +6.9
+1.9 +5.0
36,041 36,908 $6,200,900 $6,232,679

36,372 40,090 $8,219,399 $8,924,688

19,824 18,634 $5,743,184 $5,365,783

76,626 74,217 $18,747,147 $18,217,737

38,178 36,263 $9,942,877 $9,681,068

28,946 29,993 $8,119,036 $7,593,853

113,530 111,456 $31,488,355 $29,994,827

689,221 690,606 -0.2 $188,640,448 $188,160,316 +0.3

Amtrak Market Research and Analysis A - 3.6

ACTUAL ANALYSIS

TO

BUDGET

NATIONAL RAILROAD PASSENGER CORPORATION

Consolidated Income Statement - Fiscal Year 2014
For the Month of SEP, 2014

Operating Business View - Preliminary and Unaudited

For the Month For the Year to Date
2013 SEP
($ thousands) 2014 SEP 2014 SEP Actual Variance Fav / (Unfav) 2014 YTD 2014 YTD 2013 YTD Variance Fav / (Unfav)
Actual Budget Actual
REVENUES: Budget Prior Year Budget Actual Budget Prior Year
Passenger Related:
173,924 170,445 163,490 3,479 10,434 2,148,077 2,154,340 2,056,227 (6,263) 91,850
Ticket Revenue 11,352 10,064 10,520 1,288 832 125,726 124,257 123,415 1,469 2,311
Food & Beverage 20,047 20,965 9,295 (918) 238,540 251,576 187,083 (13,036)
State Supported Train Revenue 3,850 10,752 (17,829) 51,457
Total Passenger Related Revenue 205,323 201,473 183,305 (3,459) 22,018 2,512,344 2,530,173 2,366,725 (4,503) 145,618
Commuter Revenue 6,812 10,271 10,916 (4,104) 119,032 123,536 112,230
Other: 8,528 90,140 6,802
Reimbursable Revenue 22,987 14,458 19,600 212 3,387 258,998 168,858 188,173 3,534
Commercial Development 6,416 6,204 6,575 (159) 77,869 74,334 84,313 (802) 70,825
Other Transportation 7,871 (4,311) (3,896) (6,444)
Freight Access Fees & Other 6,398 12,181 11,766 2,328 2,329 144,997 145,799 141,681 10,076 3,316
Total Other Revenue 4,070 4,069 6,758 1,662 60,116 50,040 60,279 102,948
43,671 7,148 19,575 (163)
Total Operating Revenue 255,805 36,913 42,009 541,979 439,031 474,446 80,616 67,533
248,657 236,230 3,173,355 3,092,740 2,953,402 219,953
EXPENSES:
Salaries, Wages and Benefits: 26,440 25,469 21,905 (971) (4,535) 302,026 301,024 271,863 (1,002) (30,163)
94,517 94,900 90,204 383 (4,313) 1,110,899 1,110,886 1,078,324 (13) (32,575)
Salaries 52,509 51,754 57,082 (754) 4,574 62,779
Wages & Overtime (415) 652,437 701,993 715,217 49,556
Employee Benefits Expenses 3,987 3,572 4,003 (1,758) 16 31,022 33,754 30,015 2,732 (1,007)
Employee Related 177,453 175,695 173,194 11,251 (4,259) (967)
Total Salaries, Wages and Benefits 2,386 2,262 2,096,384 2,147,658 2,095,418 51,273
Train Operations 14,622 25,872 16,884 (621) 1,211 228,137 295,627 271,974 67,490 43,838
Fuel, Power, & Utilities 28,687 31,073 29,898 (7,229) (25,854) 362,076 380,568 370,131 18,492 8,055
Materials 18,236 17,615 (7,618) (311) 200,017 205,365 187,255
Facility, Communication, & Office 22,245 15,016 21,286 (11,120) (958) 189,155 173,642 181,948 5,348 (12,762)
Advertising & Sales 16,656 881 96,381 98,647 95,013 (15,513) (7,207)
Casualty & Other Claims 8,478 8,168 9,359 1,670 57,635 54,862 67,378 (1,369)
Depreciation 3,987 (7,133) 5,658 3 3,307 703,424 717,583 675,906 2,266 9,743
Amort of Gain on Sale/Leaseback 44,315 60,971 47,621 16,659 (3,070) (4,115) (4,081) (6,861) (2,773)
Depreciation, net of amortization (343) (3,413) (35,664) 236 699,309 713,502 669,045 14,159 (27,518)
Other Expenses 43,972 (340) 44,208 (10,874) (4,904) 439,131 346,446 372,123 (2,746)
Indirect Costs Capitalized to P&E 63,919 60,631 59,015 (12,123) (134,619) (141,549) (126,390) 34
(751) 28,255 (12,874) (37,282) 14,193 (30,264)
Total Expense (11,625) (30,133) (41,837) 4,233,606 4,274,768 4,183,895 (92,685) (67,009)
Operating Income (Loss) 380,848 339,011 (22,262) (1,060,251) (1,182,028) (1,230,493) (6,930)
(125,043) 343,567 (102,781) 8,230
Other (Income) and Expense (94,910) 41,162
Other Income-Net (139) 241 121,778 (49,711)
Interest Income (170) - (176) 170,242
Interest Expense 2,313 (192) 20,922
Loss of Extinguishment of Debt 4,971 4,754 139 381 (20,642) - (20,858) 20,642 (216)
- 25,742 (22) (5) (2,045) (2,290) (2,371) (245) (326)
Other Expense - Net 2,003 - 2,659 46,886 62,872 74,976 28,090
4,780 18,610 - 10,476 15,986 10,476
- 4,754 24,199 - 62,223 - 38,024
2,776 60,581
23,738 36,382

Net Loss (127,046) (99,689) (128,523) (27,357) 1,476 (1,084,449) (1,242,610) (1,292,716) 158,160 208,266

Adj for Depreciation, OPEBs, PRJ & Interest 68,882 77,845 99,431 (8,963) (30,549) 895,796 898,468 933,542 (2,672) (37,746)
Adjusted Income or (Loss) (58,165) (21,844) (29,092) (36,320) (29,072) (188,654) (344,141) (359,174) 155,488 170,520

RECONCILIATION TO CONSOLIDATED STATEMENT OF OPERATIONS:

Total Operating Revenue 255,805 248,657 236,230 7,148 19,575 3,173,355 3,092,740 2,953,402 80,616 219,953
2,323 872 1,367 60,985 39,000 37,451 21,985 23,534
Federal and State Capital Payments 3,690 2,817 102,601
238,553 8,020 20,942 3,234,341 3,131,740 2,990,853 41,162 243,487
Total Revenue 259,495 251,474 339,011 (37,282) (41,837) 4,233,606 4,274,768 4,183,895 143,763 (49,711)
(100,458) (29,261) (20,895) (999,265) (1,143,028) (1,193,041) 36,382 193,776
Total Expenses 380,848 343,567 (25,742) 23,738 180,145 38,024
(126,200) 2,776 (24,199) (60,581) (62,223) 231,800
Income or (Loss) from Operations (121,353) (92,092) (26,485) 2,843 (1,023,464) (1,203,610) (1,255,264)

Interest, net (2,003) (4,780)

Net Income or (Loss) (123,357) (96,872)

Note: Numbers may not add due to rounding. A - 4.1

NATIONAL RAILROAD PASSENGER CORPORATION

Consolidated Income Statement - Fiscal Year 2014
For the Month of SEP, 2014

Operating excluding Project - Preliminary and Unaudited

For the Month For the Year to Date
2013 SEP
($ thousands) 2014 SEP 2014 SEP Actual Variance Fav / (Unfav) 2014 YTD 2014 YTD 2013 YTD Variance Fav / (Unfav)
Actual Budget Actual
REVENUES: Budget Prior Year Budget Actual Budget Prior Year
Passenger Related:
173,924 170,445 163,490 3,479 10,434 2,148,077 2,154,340 2,056,227 (6,263) 91,850
Ticket Revenue 11,352 10,064 10,520 1,288 832 125,726 124,257 123,415 1,469 2,311
Food & Beverage 20,047 20,965 9,295 (918) 238,540 251,576 187,083 (13,036)
State Supported Train Revenue 205,323 3,850 10,752 (17,829) 51,457
Total Passenger Related Revenue 6,812 201,473 183,305 (3,459) 22,018 2,512,344 2,530,173 2,366,725 (4,503) 145,618
Commuter Revenue 10,271 10,916 (4,104) 119,032 123,536 112,230
Other: 22,987 8,528 85,373 6,802
Reimbursable Revenue 6,416 14,458 19,600 212 3,387 254,231 168,858 188,173 3,534
Commercial Development 7,871 6,204 6,575 (159) 77,869 74,334 84,313 (802) 66,059
Other Transportation 6,398 (4,311) (3,896) (6,444)
Freight Access Fees & Other 12,181 11,766 2,328 2,329 144,997 145,799 141,681 10,076 3,316
Total Other Revenue 43,671 4,070 4,069 6,758 1,662 60,116 50,040 60,279 98,182
255,805 7,148 19,575 75,849 (163)
Total Operating Revenue 36,913 42,009 537,213 439,031 474,446 62,767
248,657 236,230 3,168,589 3,092,740 2,953,402 215,187
EXPENSES:
Salaries, Wages and Benefits: 26,187 25,469 21,717 (718) (4,470) 299,521 301,024 269,930 1,504 (29,590)
94,418 94,812 89,927 394 (4,491) 1,105,877 1,109,895 1,072,644 4,018 (33,233)
Salaries 52,688 51,705 56,786 (982) 4,098 52,115 62,310
Wages & Overtime (360) 649,327 701,443 711,637 3,223
Employee Benefits Expenses 3,931 3,572 3,967 (1,666) 35 30,531 33,754 29,560 60,860 (972)
Employee Related 177,225 175,558 172,397 11,360 (4,828) 2,083,771 67,608 (1,485)
Total Salaries, Wages and Benefits 2,386 2,371 2,085,256 2,146,116 271,974 18,492 43,955
Train Operations 14,513 25,872 16,884 934 1,211 228,019 295,627 370,131 12,416 8,055
Fuel, Power, & Utilities 28,687 31,073 29,898 (5,371) (24,411) 362,076 380,568 171,006 (9,156) (4,769)
Materials 15,162 16,096 (9,249) (311) 175,774 188,191 177,105 2,266 (5,693)
Facility, Communication, & Office 20,387 15,016 20,366 (11,120) (20) 182,798 173,642 95,013 (2,773) (1,369)
Advertising & Sales 8,478 8,168 9,359 16,656 881 96,381 98,647 67,378 14,159 9,743
Casualty & Other Claims 3,987 (7,133) 1,670 57,635 54,862 675,906 (27,518)
Depreciation 44,315 60,971 5,658 3 3,307 703,424 717,583 (6,861) 34 (2,746)
Amort of Gain on Sale/Leaseback 47,621 16,659 (3,070) (4,115) (4,081) 669,045 14,193 (30,264)
Depreciation, net of amortization (343) (340) (3,413) (25,177) 236 699,309 713,502 348,433 (53,830) (38,685)
Other Expenses 43,972 60,631 44,208 (10,060) 1,559 387,118 333,288 (139,407) 10,231
Indirect Costs Capitalized to P&E 52,475 27,298 54,034 (11,984) (149,638) (145,681) 3,957
(1,931) (11,991) (13,914) (22,366) 4,114,448 (10,280)
Total Expense (15,217) (33,314) 4,124,728 4,238,762 (1,161,047) 114,034 204,908
Operating Income (Loss) 362,955 340,590 329,641 (13,738) (956,139) (1,146,022) 189,883
(107,150) (91,932) (93,412)
Other (Income) and Expense
Other Income-Net (139) - 241 139 381 (20,642) - (20,858) 20,642 (216)
Interest Income (170) (192) (176) (22) (5) (2,045) (2,290) (2,371) (245) (326)
Interest Expense 2,313 4,971 20,922 2,659 46,886 62,872 74,976 28,090
Loss of Extinguishment of Debt 4,754 18,610 - 10,476 15,986 10,476
- - 25,742 - 4,754 24,199 - 62,223 - 38,024
Other Expense - Net 2,003 4,780 2,776 60,581
23,738 36,382

Net Loss (109,153) (96,712) (119,153) (12,441) 10,000 (980,338) (1,206,603) (1,223,270) 226,265 242,932

Adj for Depreciation, OPEBs, PRJ & Interest 50,989 74,868 90,061 (23,879) (39,073) 791,684 862,462 864,096 (70,778) (72,412)
Adjusted Income or (Loss) (58,165) (21,844) (29,092) (36,320) (29,072) (188,654) (344,141) (359,174) 155,488 170,520

Note: Numbers may not add due to rounding. A - 4.2

NATIONAL RAILROAD PASSENGER CORPORATION

Consolidated Income Statement - Fiscal Year 2014
For the Month of SEP, 2014

Core - Preliminary and Unaudited

For the Month For the Year to Date
2013 SEP
($ thousands) 2014 SEP 2014 SEP Actual Variance Fav / (Unfav) 2014 YTD 2014 YTD 2013 YTD Variance Fav / (Unfav)
Actual Budget Actual
REVENUES: Budget Prior Year Budget Actual Budget Prior Year
Passenger Related:
173,924 170,445 163,477 3,479 10,447 2,148,043 2,154,340 2,056,203 (6,297) 91,840
Ticket Revenue 11,352 10,064 10,520 1,288 832 125,726 124,257 123,415 1,469 2,311
Food & Beverage 20,047 20,965 9,295 (918) 238,540 251,576 187,083 (13,036)
State Supported Train Revenue 205,323 3,850 10,752 (17,864) 51,457
Total Passenger Related Revenue - 201,473 183,292 22,031 2,512,309 2,530,173 2,366,702 145,608
Commuter Revenue - 1,441 - (1,441) - - 1,441 -
Other: 580 (1,441)
Reimbursable Revenue 16 1,057 (1,520) (477) 2,100 12,119 14,278 5,136 (2,160)
Commercial Development 35 - (18) 16 100 419 - (318) 6,982
Other Transportation 8,266 (905) 100
Freight Access Fees & Other 14,537 12,115 11,644 (3,848) (3,378) 144,315 145,220 140,584
Total Other Revenue 23,399 4,007 3,993 10,529 10,544 64,529 49,334 59,361 15,195 3,731
228,722 11,812 5,168
Total Operating Revenue 17,214 14,116 6,185 9,283 221,063 209,252 205,082 (6,052) 15,981
218,687 198,849 10,035 29,873 2,733,373 2,739,425 2,573,224 160,148
EXPENSES:
Salaries, Wages and Benefits: 25,162 24,631 20,806 (531) (4,356) 287,567 290,846 259,387 3,279 (28,180)
86,141 86,188 81,387 47 (4,754) 1,015,060 1,012,268 982,699 (2,792) (32,361)
Salaries 46,863 47,788 50,579 3,715 646,394 73,766 64,000
Wages & Overtime 924 582,394 656,160 4,424
Employee Benefits Expenses 3,667 3,489 3,813 (178) 146 28,689 33,113 28,252 78,677 (437)
Employee Related 161,833 162,096 156,585 262 (5,249) 1,916,732 68,317 3,022
Total Salaries, Wages and Benefits 14,329 11,499 2,538 1,913,710 1,992,387 16,246 44,195
Train Operations 25,828 16,866 2,242 1,548 226,768 295,085 270,963 19,698 11,286
Fuel, Power, & Utilities 27,474 29,717 29,022 3,470 (12,324) 347,815 364,062 359,101 2,329 (9,531)
Materials 10,954 14,425 (1,369) (3,821) 145,942 165,640 136,411 2,238 (4,973)
Facility, Communication, & Office 18,124 14,303 17,250 (316) (873) 162,929 165,258 157,956 (2,771) (1,317)
Advertising & Sales 8,160 9,353 (11,065) 876 96,315 98,552 13,250 9,743
Casualty & Other Claims 8,477 (7,133) 16,357 1,725 57,634 54,862 94,998 (28,440)
Depreciation 3,933 60,671 5,658 3,007 700,734 713,984 67,376 34 (2,746)
Amort of Gain on Sale/Leaseback 44,315 47,321 3 (3,070) (4,115) (4,081) 672,293 13,284 (31,186)
Depreciation, net of amortization (343) (340) (3,413) 16,359 (63) 696,619 709,903 (6,861) (14,690)
Other Expenses 43,972 60,331 43,908 (21,536) (11,535) 319,277 318,752 665,432 (526) 32,305
Indirect Costs Capitalized to P&E 47,603 26,067 36,068 (5,679) (8,298) (235,789) (189,666) 304,587 46,123
(9,977) (15,656) (18,275) (203,484) 38,852
Total Expense (8,584) (31,655) 3,731,219 3,974,835 243,615 199,001
Operating Income (Loss) 326,722 318,137 295,066 1,450 (1,782) (997,847) (1,235,410) 3,770,072 237,563
(98,000) (99,450) (96,218) (1,196,847)
Other (Income) and Expense
Other Income-Net (139) - 241 139 381 (2,619) - (20,858) 2,619 (18,239)
Interest Income (8) (192) (176) (184) (168) (1,209) (2,290) (2,355) (1,081) (1,146)
Interest Expense 4,971 20,920 3,585 19,534 42,094 62,872 74,927 20,778 32,833
Loss of Extinguishment of Debt 1,386 4,754 4,754 10,476 10,476
- - 25,739 - 24,500 - - 62,190 - 23,924
Other Expense - Net 4,780 3,541 38,266 60,581 22,316
1,239

Net Loss (99,238) (104,230) (121,957) 4,991 22,718 (1,036,112) (1,295,991) (1,259,037) 259,879 222,925

Adj for Depreciation, OPEBs, PRJ & Interest 50,224 74,568 89,759 (24,344) (39,535) 803,061 858,863 860,450 (55,802) (57,389)
Adjusted Income or (Loss) (49,014) (29,662) (32,198) (19,353) (16,816) (233,051) (437,128) (398,587) 204,077 165,536

Note: Numbers may not add due to rounding. A - 4.3

NATIONAL RAILROAD PASSENGER CORPORATION

Consolidated Income Statement - Fiscal Year 2014
For the Month of SEP, 2014

Projects - Preliminary and Unaudited

For the Month For the Year to Date
2013 SEP
($ thousands) 2014 SEP 2014 SEP Actual Variance Fav / (Unfav) 2014 YTD 2014 YTD 2013 YTD Variance Fav / (Unfav)
Actual Budget Actual
REVENUES: Budget Prior Year Budget Actual Budget Prior Year
Passenger Related:
-- - -- - - - --
Ticket Revenue -- - -- - - - --
Food & Beverage -- - -- - - - --
State Supported Train Revenue -- - -- - - - --
Total Passenger Related Revenue -- - -- - - - --
Commuter Revenue
Other: -- - -- 4,766 - - 4,766 4,766
Reimbursable Revenue -- - -- - -
Commercial Development -- - -- - - - --
Other Transportation -- - -- - -
Freight Access Fees & Other -- - -- - - --
Total Other Revenue -- - -- 4,766 -
4,766 - --
Total Operating Revenue
- 4,766 4,766
EXPENSES:
Salaries, Wages and Benefits: - 4,766 4,766

Salaries 253 - 188 (253) (66) 2,505 - 1,932 (2,505) (573)
Wages & Overtime 99 88 277 (11) 178 5,022 991 5,679 (4,031) 658
Employee Benefits Expenses 49 297 228 476 3,110 551 3,579 (2,559) 469
Employee Related (179) (55) (19) (36)
Total Salaries, Wages and Benefits 55 - 37 (92) 569 491 - 455 (491) 518
Train Operations 136 797 (109) 11,128 1,542 11,646 (9,586) (118)
Fuel, Power, & Utilities 228 (109)
Materials 109 - - - - 118 - - (118) -
Facility, Communication, & Office - - (1,443) - - - - (7,993)
Advertising & Sales - 1,519 1,632 (1,555) 17,174 16,249 (1,513)
Casualty & Other Claims 3,074 - 920 (1,858) (938) 24,242 - 4,843 (7,068)
Depreciation 1,858 - - - 6,357 - - (6,357) -
Amort of Gain on Sale/Leaseback - - - - - - - -
Depreciation, net of amortization - - - - - - - - - -
Other Expenses - - - - - - - - - -
Indirect Costs Capitalized to P&E - - - - - - - - - -
- 956 4,980 - - 13,158 23,690 - (28,324)
Total Expense - 365 1,040 (10,488) (6,464) 4,132 13,017 - (2,002)
Operating Income (Loss) 11,444 (815) (140) 52,014 (38,855)
1,180 2,977 9,369 15,019 36,006 69,446 (10,887) (39,432)
Other (Income) and Expense (2,977) (9,369) (14,916) (8,524) (36,006) (69,446) (34,665)
Other Income-Net 17,893 (14,916) (8,524) 108,878 (72,872)
Interest Income (17,893) - (104,112) (68,105)
Interest Expense -
Loss of Extinguishment of Debt - - - -- -- - --
- - - -- -- - --
Other Expense - Net - - - -- -- - --
- - -- -- - --
- - -- -- - --

Net Loss (17,893) (2,977) (9,369) (14,916) (8,524) (104,112) (36,006) (69,446) (68,105) (34,665)

Adj for Depreciation, OPEBs, PRJ & Interest 17,893 2,977 9,369 14,916 8,524 104,112 36,006 69,446 68,105 34,665
Adjusted Income or (Loss) - - - - - - - - - -

Note: Numbers may not add due to rounding. A - 4.4

NATIONAL RAILROAD PASSENGER CORPORATION

Consolidated Income Statement - Fiscal Year 2014
For the Month of SEP, 2014

Ancillary - Preliminary and Unaudited

For the Month For the Year to Date
2013 SEP
($ thousands) 2014 SEP 2014 SEP Actual Variance Fav / (Unfav) 2014 YTD 2014 YTD 2013 YTD Variance Fav / (Unfav)
Actual Budget Actual
REVENUES: Budget Prior Year Budget Actual Budget Prior Year
Passenger Related:
- - 13 - (13) 34 - 24 34 10
Ticket Revenue - - - - - - - - - -
Food & Beverage - - - - - - - - - -
State Supported Train Revenue - - - -
Total Passenger Related Revenue 6,812 10,271 13 (3,459) (13) 34 123,536 24 34 10
Commuter Revenue 9,475 (2,663) 119,032 110,790 (4,503) 8,242
Other: 22,407 13,401 9,006 154,580
Reimbursable Revenue 6,399 6,169 21,120 231 1,287 242,113 73,916 183,037 87,533 59,076
Commercial Development (396) 67 6,575 (462) (175) 77,768 578 84,313 3,853 (6,545)
Other Transportation (8,139) 62 123 (518) 681 706 1,097 103
Freight Access Fees & Other 76 (8,201) (8,215) (4,413) 918 (5,119) (415)
Total Other Revenue 20,272 19,699 573 (7,621) 229,780 (5,331)
27,083 29,970 27,893 (10,298) 316,150 353,315 269,364 86,370 46,786
Total Operating Revenue 37,381 (2,887) 435,216 380,178 81,901 55,039

EXPENSES: 1,025 838 911 (187) (114) 11,954 10,178 10,543 (1,776) (1,411)
Salaries, Wages and Benefits: 8,278 8,624 8,540 346 262 90,817 97,627 89,945 6,810 (872)
5,824 3,918 6,207 (1,907) 383 66,933 45,283 65,244 (21,650)
Salaries (182) (111) (1,201) (1,689)
Wages & Overtime 264 83 154 (1,928) 421 1,843 641 1,308 (17,817) (535)
Employee Benefits Expenses 15,391 13,463 15,812 (140) (166) 171,546 153,729 167,040 (709)
Employee Related 144 (337) 2,246 (4,506)
Total Salaries, Wages and Benefits 184 44 18 (2,536) (12,087) 1,251 542 1,011 (7,281) (239)
Train Operations 1,212 1,356 876 (1,550) 853 14,261 16,507 11,030 (11,486)
Fuel, Power, & Utilities 4,208 1,671 (7,880) 29,832 22,551 34,595 (3,231)
Materials 2,263 3,116 5 5 19,869 19,149 28 4,763
Facility, Communication, & Office 713 (55) (55) 8,384 (2) (720)
Advertising & Sales 2 7 6 300 300 67 94 15 909
Casualty & Other Claims 55 - - 2 - 2 (52)
Depreciation 300 - - - 0
Amort of Gain on Sale/Leaseback - 300 - 300 300 2,690 3,599 3,613 909
Depreciation, net of amortization - - 300 (3,640) 13,095 - - - (53,304) 923
Other Expenses - 17,966 (4,381) (3,686) (42,165) -
Indirect Costs Capitalized to P&E 4,872 300 4,361 2,690 3,599 3,613
8,047 1,231 (13,781) (1,658) 67,840 14,536 43,845 (129,582) 923
Total Expense 3,665 34,575 (16,668) (11,956) 86,151 43,985 64,077 (47,680) (23,995)
Operating Income (Loss) 36,233 2,806 (22,073)
(9,150) 22,452 393,509 263,927 344,377
Other (Income) and Expense 7,518 41,708 89,388 35,801 (49,132)
Other Income-Net - 5,907
Interest Income (162) -
Interest Expense 927 - - -- (18,023) - - 18,023 18,023
Loss of Extinguishment of Debt - (836) -
- - - 162 162 4,792 - (16) 836 820
Other Expense - Net 765 - - -
3 (927) (924) - 49 (4,792) (4,743)
(14,067)
- -- - --

3 (765) (762) 33 14,067 14,100

Net Loss (9,915) 7,518 2,803 (17,432) (12,718) 55,774 89,388 35,767 (33,614) 20,007

Adj for Depreciation, OPEBs, PRJ & Interest 765 300 303 (465) (462) (11,377) 3,599 3,646 14,976 15,023
Adjusted Income or (Loss) (9,150) 7,817 3,106 (17,897) (13,180) 44,398 92,987 39,413 (18,638) 35,030

Note: Numbers may not add due to rounding. A - 4.5

National Railroad Passenger Corporation (Amtrak)
Capital Program Expenditures Excluding Debt Service

September 2014 YTD

($ thousands)

YTD Authorized

Department & Program YTD Actual Funding1 Variance
Engineering
5,121 8,130 3,009
Structures – Movable Bridge-Movable Span 1,408 2,563 1,155
Structures – Bridge Ties 14,714 17,500 2,786
Structures – Undergrade–Fixed Bridge 1,058
Structures - Culvert 745 3,853 313
Structures - Fence 4,005 (152)
Structures – Interlocking Structures 615 282
Structures - Tunnel 333 6,840 2,959
Structures – Retaining Wall 3,881 2,430 1,299
Structures - Major Bridge Special Projects 1,131 214
Structures – M/E Facility 350 4,120
Structures – M/W Base 136 12,199 812
Structures - Station 8,078 23,903
Structures – Trans Department Facility 2,356 3,168 806
Structures – Sunnyside Yard New Mechanical Facilit 66,728 90,631 2,853
Communications & Signals- Abs Locations 713
Communications & Signals- Adv Civil Spd Enforc Sys 194 1,000 10,934
Communications & Signal – Interlocking-C&S 1,147 4,000 942
Communications & Signals - Cetc 961
Electric Traction - Catenary 106 819 1,748
Electric Traction - Catenary Pole 26,864 37,798 1,469
Electric Traction - Transmission 613
Electric Traction - Frequency Converters 7,394 8,336 (590)
Electric Traction - Signal Power 4,854 5,816 710
Electric Traction - Substations 3,464 5,212 1,774
Safety And Security 3,430 4,899 (104)
Track - Ballast 8,936
Track - Drainage 186 798 (412)
Track – Fasteners 3,190 2,600 104
Track - Rail 2,303 3,013 293
Track – Wood/Concrete Crosstie/Timber 6,075 7,849 (283)
Track – Total Track Renewal/Construction 1,734 1,630 13,103
Track – Track Laying System 12,014 20,950 1,143
Track - Turnouts 3,645 3,233 3,552
Track – Crossings-Road 1,046 1,150 742
Track - Geometry 24,454 24,747 2,737
Deputy Chief Engineer Construction - Applications 34,405 34,122 377
Track – Interlocking Renewal 63,150 76,253 3,733
Track – Equipment-Roadway 44,573 45,716 2,295
Life Safety – 1St Avenue Construction 9,585 13,137
Life Safety – Nrt Ventilation Construction 1,838 2,580 95
Life Safety – Standpipe Installation 13,898 16,635 186
Life Safety – Misc Design & Construction Project 6,478 6,855 (197)
NYC High Speed Rail Improvements 17,649 21,382 4,621
NJHSRIP - Design 20,276 22,571 -
Sandy Recovery 2,666
Gateway Program 55 150 2,465
Other 14 200 6,677
Engineering Total 1,397 1,200
729 5,350 13
Mechanical - - 116,374
Amfleet Programs 112,237 114,903
Locomotives 3,675 6,140
Acquisitions 125,473 132,150
Superliners 105 118
Facility Improvements
Horizon/Surfliner Programs 666,275 782,650
Viewliner Programs
Talgo Programs 75,436 71,973 (3,463)
Acela Programs 130,030 120,874 (9,157)
Heritage Programs 72,954
Mandatory Projects 6,928 79,883
General Safety & Reliability 55,343 56,257 914
Mechanical It Projects 5,985
Other 3,798 9,783 1,940
9,724 11,664
Mechanical Total 7,589 (29)
7,560 99
Environmental 401 500 (1,771)
Environmental Risk Reduction 56,759 (408)
Environmental Remediation Program 54,988 1,028
Wilmington West Yard 1,008 600 2,475
Other 222 212
1,250 (140)
Environmental Total 6,725 9,200 70,640
888 1,100
Emergency Management 740 2,323
Safety & Security Program 600 2,847
355,591 426,231
Emergency Management 100
1,878 4,201 -
1,958 4,805 5,271

50 150
- -
3,885 9,156

38,030 39,237 1,207
38,030 39,237 1,207

A - 4.6

National Railroad Passenger Corporation (Amtrak)
Capital Program Expenditures Excluding Debt Service

September 2014 YTD

($ thousands)

YTD Authorized

Department & Program YTD Actual Funding1 Variance
Transportation / Operations
2,320 3,225 904
System/Business Application Improvement 2,379 7,309 4,930
Station and Facility Improvements 16,874 23,141 6,267
Operations Foundation Program
Other - - -
Transportation Total 21,573 33,675 12,102

Finance & Treasury 5,655 10,650 4,994
Technology/ System Upgrades & Facility Imrpovement 5,655 10,650 4,994

Finance & Treasury Total 36,662 45,218 8,556
36,662 45,218 8,556
Amtrak Technologies Total
Technology/ System Upgrades - - -
1,396 2,587 1,191
Amtrak Technologies Total
91 260 169
Procurement 1,487 2,847 1,359
Vehicle Replacement
Facility Purchases And Improvements 17,514 20,800 3,286
Other 17,514 20,800 3,286

Procurement Total 9,352 19,968 10,616
9,352 19,968 10,616
Real Estate Total
Station / Facility Development 448 454 6
160 853 692
Real Estate Total 1,332 2,406 1,074
9,468 11,256 1,788
NEC IID 5,014 5,325 311
Existing Partnership Agreements 596 - (596)
420 676 256
NEC IID Total 17,438 20,970 3,531

Marketing & Sales 1,173,464 1,411,401 237,937
E-Ticketing
E-Commerce (477) (1,000) (523)
On-Board 1,172,987 1,410,401
Customer Service 237,414
Pricing
Facilities And Infrastructure
Other

Marketing & Sales Total

Departmental Total

MANUAL ADJUSTMENTS
Engineering CUS Adjustment2

Totals with All Adjustments

All Capital Projects (PRJ) 108,872 65,006 (43,865)

Totals Excluding PRJ 1,064,115 1,345,394 281,279

1) Authorized amounts were reset following Board approval and do not reflect earlier published amounts.
2) Expenditures include the reimbursable portion of Chicago Union Station projects that are primarily funded by METRA.
3) Excludes early lease buyouts, Inspector General activity and non-capitalizable assessments.
BOLD Numbers are subtotals

A - 4.7

CHIEF MECHANICAL OFFICER
FY14 PRODUCTION REPORT

SEPTEMBER 2014

PROJECT # WBS PROJECT NAME FY14  Plan  Plan SEP Actuals SEP Plan YTD  Actuals YTD  Variance  Actuals  %Complete  Actuals YTD  %  YTD Actuals to  Units Completed ‐ September September  Comments
through SEP through SEP YTD  to Plan YTD to Plan YTD FY14 Plan

20047439 C.ME.201291 Amfleet I Coach Overhaul Level 2 63 6 4 63 62 (1) 98% 98% 82635, 81522, 82638, 82520 Due to car availability, project ended year one (1) car short in 
FY14.  In order to maintain production flow, released one (1) 
70% 70% additional Amfleet I Café L2 which was available for overhaul.

20047440 C.ME.100101 Amfleet II Coach Overhaul Level 1 30 3 2 30 21 (9) 0% 0% 25041, 25098 Completed 21 of the planned 30 cars in FY14 due to 
incremental funding authorization for 9 cars transferred to 
20047441 C.ME.100011 Amfleet II Coach Overhaul Level 2 001 0 9 9 106% 106% 25039 the Level 2 work scope.
Project added in April with authorized incremental funding 
20077405 C.ME.100377 Amfleet I Café/Club Overhaul Level 2 18 1 0 18 19 1 100% 100% 82798, 82799, 82797, 82800,  which resulted in 9 cars receiving a Level 2 overhaul instead 
82801, 82997 of a Level 1.
20082564 C.ME.100413 Amfleet I Coach Overhaul Level 1 26 3 6 26 26 0 100% 100% 43392 Project exceeded plan by one (1) unit due to car availability 
20082565 C.ME.100414 Amfleet I Café/Club Overhaul Level 1 0 issues noted in the Amfleet I Coach L2 project above.  Project 
20097417 C.ME.100649 Cab Car Overhaul Level 1 911 9 9 0 100% 100% will  continue into FY15.
Completed planned cars in FY14 and will continue project 
500 5 5 100% 100% into FY15.
Completed planned cars in FY14 and will continue project 
0% 0% into FY15.
101% 101% Project complete for FY14 and will transition production line 
100% 100% to a Level 2 project in FY15.
100% 100%
20117405 C.ME.100869 Amfleet II Diner Overhaul Level 1 611 6 6 0 67% 67% 28012 Completed planned cars in FY14 and will transition 
100% 100% production line to a Level 2 project in FY15.

C.EN.100397 ELECTRIC TRACTION CATENARY MEA 000 0 1 1 0% 0%
0% 0%
 CAPITAL TOTAL BEAR 157 15 15 157 158 1 100% 100%
20079897 C.ME.100005 F59 Overhaul 0 60% 60%
20067400 C.ME.100006 P32‐8 Overhaul 400 4 4 0 100% 100% Project is completed
Project is completed
20037434 C.ME.100013 NPCU Overhaul 100 1 1 (1) 83% 83% One unit WIP 90222 was too damaged to finish ‐ to carry 
20037435 over to FY15
20037436 B.ME.100117 Comet Car Overhaul for Caltrans 301 3 2 0 125% 125% 90219 Project is completed
C.EN.100860 Theater Car Conversion 1 88% 88% Project is completed
C.ME.201290 Car Wreck Program 900 9 9 5 100% 100% 32093, 32107, 32116 Project is completed
C.ME.100040 Superliner II Sleeper Overhaul 0 60% 60% 34136 32115 ‐ to carry over to FY15
C.ME.100041 Superliner II Lounge Overhaul 000 0 1 (4) 105% 105% 33031, 33037, 33036, 33042 to carry over to FY15
C.ME.100042 Superliner II Coach Overhaul 0 100% 100% Project is completed
000 0 5 95% 95%
(2) 100% 100%
17 1 3 17 17 100% 100%
2 100% 100%
10 1 0 10 6 (1) 100% 100%
125% 125%
111 1 1 0 136% 136%
110% 110%
20037437 C.ME.100043 Superliner II Diner Overhaul 12 1 1 12 10 (2) 38046 38054 had to carry over to FY15 & 38066 had COT&S done in 
117% 117% Chicago but never sent to BEE, expected to OH in FY15.
1
20037438 C.ME.100044 Superliner II Trans Sleeper Dorm Overhaul 8 0 1 8 10 117% 117% 39012 Project is completed
20057418 C.ME.100176 Superliner I  Lounge Overhaul 801 8 7 0 33014 33000 to carry over to FY15

20057422 C.ME.100177 Superliner I Coach Overhaul Level 2 27 1 2 27 27 (1) 34061, 35007 Project is completed

20067417 C.ME.100240 Superliner I Diner Overhaul 511 5 3 0 38017 38024 and 38019 carry over to FY15
0
20079871 C.ME.100384 Superliner I Sleeper Overhaul Level 2 21 1 2 21 22 0 32021, 32018 32017 to carry over to FY15; we did 32018 (a FY15 unit early)
0
20097404 C.ME.100640 Surfliner Coach Overhaul 100 1 1 1 Project is completed
Project is completed, 54528 is stored dead due to cracked 
20097405 C.ME.100641 Horizon Coach Overhaul ‐ Level 2 21 2 2 21 20 25 54554, 54508 carbody
6900 Project is completed
20097407 C.ME.100643 Horizon Café Overhaul 400 4 4 24 62016 Project is completed
20097410 C.ME.100644 Surfliner Cab Car Overhaul Project is completed
20097413 C.ME.100646 Surfliner Custom Coach Overhaul 101 1 1 Project is completed
20067411 C.ME.100239 Viewliner Sleeper ‐ Overhaul Project is completed
20067420 C.ME.100241 Heritage Diner Overhaul 100 1 1

20107400 C.ME.201157 Positive Train Control 13 1 1 13 13

CAPITAL TOTAL BEECH GROVE 400 4 5

69 5 7 69 94 96, 201, 47, 164, 42, 205, 10 94 PTC installations in FY14

240 15 24 240 264

20107405 C.ME.100785 Acela Overhaul 600 6 7 1 As a result of TS06 being completed in early October and by 
maintaining and/or exceeding a 56 day dwell time on some 
trainsets the completion of 7 Trainsets was accomplished 
this fisical year.   

CAPITAL TOTAL HIGH SPEED RAIL 600 6 7 1

A - 4.8

CHIEF MECHANICAL OFFICER
FY14 PRODUCTION REPORT

SEPTEMBER 2014

PROJECT # WBS PROJECT NAME FY14  Plan  Plan SEP Actuals SEP Plan YTD  Actuals YTD  Variance  Actuals  %Complete  Actuals YTD  %  YTD Actuals to  Units Completed ‐ September September  Comments
through SEP through SEP YTD  to Plan YTD to Plan YTD FY14 Plan

CAPITAL TOTAL CMO 403 30 39 403 429 26 106% 106%
LCPM (events ‐ not units):
20097421 12 1 2 12 12 0 100% 100% 10, 28 Project is completed
C.ME.100653 P‐42 Locomotive Paint (Beech Grove)
20097421 001 0 7 7 0% 0% 830
20097421 C.ME.100653 P‐40 4 Year Air (Chicago) (1) 97% 97% 133, 97, 142
20097421 C.ME.100653 COT&S 5 Year Air (Chicago) 36 2 3 36 35 3 109% 109% 193, 41, 204, 194 Carried over to be completed FY15
20097421 C.ME.100653 COT&S 8 Year Air (Chicago) 2 108% 108% Completed carried over from FY13 units
20097421 C.ME.100653 Radiator Hatch (Chicago) 35 4 4 35 38 5 120% 120% 174 Completed carried over from FY13 units
20097421 C.ME.100653 Air Compressor (Chicago) (3) 92% 92% 174 Completed carried over from FY13 units
20097421 C.ME.100653 Air Dryer (Chicago) 25 2 1 25 27 0 100% 100% 47, 815, 830 Material out of stock will carry over to FY15
C.ME.100653 Engine Change (Chicago) 91, 117, 195
20097421 25 2 1 25 30 5 114% 114%
C.ME.100653 5 Year Truck (Chicago)
20097421 38 2 3 38 35 (3) 92% 92%
20097421 C.ME.100653 HVAC (Chicago) (6) 90% 90%
20097421 C.ME.100653 Injectors (Chicago) 25 3 3 25 25 (6) 71% 71%
C.ME.100653 Radiator Fans (Chicago)
20097421 36 2 3 36 41 (3) 86% 86% 142, 28, 50 Completed carried over from FY13 units
C.ME.100653 Equipment Blowers (Chicago)
20097421 36 2 2 36 33 0 100% 100% 142, 10 Material delay will carry over to FY15
C.ME.100653 COT&S (Albany) ‐ P42
20097421 63 6 7 63 57 (1) 67% 67% 815, 12, 97, 131, 204, 71, 159 3 Wrecked and 3 reassigned to Albany
C.ME.100653 Air Compressor (Albany) ‐ P42
20097421 21 3 3 21 15 0 100% 100% 97, 204, 129 Power constraints
C.ME.100653 10 Year Truck (Albany) ‐ P42
20097421 22 1 1 22 19 (1) 75% 75% 29 Power constraints
C.ME.100653 Injectors (Albany) ‐ P42
20097421 301 3 3 0 100% 100% 105
20097421 C.ME.100653 Radiator Hatch (Albany) ‐ P42 0 100% 100%
C.ME.100653 Radiator Fans (Albany) ‐ P42 310 3 2 110‐Closed by mistake, rescheduled for 12/1/14
20097421 0 100% 100%
C.ME.100653 4 Year Air Dryer (Albany) ‐ P42 301 3 3 105
20097421 2 0% 0%
C.ME.100653 Equipment Blowers (Albany) ‐ P42 410 4 3 Only 3 on the schedule, 101, 103, 104 all complete
1 133% 133%
311 3 3 101
311 3 3 0 100% 100% 705
1 133% 133%
300 3 3
0 100% 100%
000 0 2
(2) 67% 67%
20097421 C.ME.100653 Equipment Blowers (Albany) ‐ P32 310 3 4
(2) 67% 67%
20097421 C.ME.100653 COT&S (Albany) ‐ P32 410 4 4
20097421 C.ME.100653 10 Year Truck (Albany) ‐ P32 300 3 4 (2) 100% 100%
20097421 C.ME.100653 Injectors (Albany) ‐ P32
20097421 C.ME.100653 Radiator Hatch (Albany) ‐ P32 700 7 7
20097421 C.ME.100653 Radiator Fans (Albany) ‐ P32
600 6 4 Quality issue with new radiators, awaiting resolution
PROJECT TOTAL LCPM Fans changed with radiators, linked to the radiator quality 
600 6 4 issue. 

425 36 38 425 423

A - 4.9

Engineering Department
FY14 Major Production Summary thru September 2014

Operation FY14
Actual
System Total
742.9
Surfacing (pass miles) 108,300
Wood Ties (each) 103,060
Concrete Ties (each)
Holland Welder (each) 1,852
Field Welding (each) 1,403
Undercutting (track miles) 9.15
Track Panels Installed (miles) 2.58
Turnouts (each)
Rail (track miles) 41
Rail Train-Pick Up (track miles) 108.2
Rail Train- Unload (track miles) 13.2
Slot Machine (miles) 30.5
Vac Trains (miles) 0.00
Badger Ditcher (Pass miles) 31.9
Shoulder Cleaner (track miles) 0.04
Rail Grinding (pass miles) 12.4
Switch Switch/Crossing Grinding (each)
Bridge Decks Retimbered (each) 0.0
Bridge Ties (each) 0
Bridge Install Concrete Ballast Deck (each) 6
Electric Catenary Hardware Renewed (miles) 397
ET Transformers (each) 1
ET Breakers (each) 17.1
Signal Cable Replaced (miles) 3
3
61.9

HSR Project: Signal Power Conduit installed (miles) 15.1
HSR Project: Signal Power Cable installed (miles) 1.24
HSR Project: Comm Interduct Conduit and Cable installed (miles) 23.0
HSR Project: Cable Pull Boxes installed (ea) 105

A - 4.10

ACTUAL ANALYSIS

TO

PRIOR YEAR

National Railroad Passenger Corporation and Subsidiaries (Amtrak)

Consolidated Statements of Operations

(In Thousands of Dollars)

Preliminary Subject to Audit Year Ended

Revenues: September 30,
Passenger related ..................................................................................................... $
Commuter ................................................................................................................ 2014 2013 fav / (unfav)
State capital payments .............................................................................................
Other ........................................................................................................................ 2,512,346 $ 2,366,726 145,620 6.2% /a
Total revenues ........................................................................................................ 119,032 112,230 6,802 6.1% /b
60,985 37,451 62.8% /c
541,979 474,447 23,534 14.2% /d
67,532 8.1%
3,234,342 2,990,854 243,488

Expenses: 2,096,384 2,095,418 (966) (0.0%) /e
Salaries, wages, and benefits ................................................................................... 228,137 271,974 43,837 16.1% /f
Train operations ....................................................................................................... 362,075 370,131 8,056 /g
Fuel, power, and utilities ......................................................................................... 200,017 187,255 (12,762) 2.2% /h
Materials .................................................................................................................. 189,155 181,948 (7,207) (6.8%) /i
Facility, communication, and office related ............................................................ 96,381 95,013 (1,368) (4.0%) /j
Advertising and sales .............................................................................................. 57,635 67,378 9,743 (1.4%) /k
Casualty and other claims ....................................................................................... 699,309 669,045 (30,264) 14.5% /l
Depreciation ............................................................................................................ 439,133 372,123 (67,010) (4.5%) /m
Other ........................................................................................................................ (134,619) (126,390) (18.0%) /n
Indirect cost capitalized to property and equipment ............................................... 8,229 6.5%
Total expenses ........................................................................................................ 4,233,607 4,183,895 (49,712) (1.2%)
Net loss from continuing operations before
999,265 1,193,041 193,776 16.2%
other (income) and expense ..............................................................................

Other (Income) and Expense: (2,045) (2,371) (326) (13.7%) /o
Interest income ........................................................................................................ 46,886 74,976 28,090 37.5%
Interest expense ....................................................................................................... 10,476 10,476 100.0%
Loss on early extinguishment of debt ..................................................................... - (20,858) (1.0%)
Other (income) expense, net .................................................................................... (20,642) 62,223 (216) 61.1%
Other expense, net ................................................................................................. 24,199 38,024

Net loss .................................................................................................................... $ 1,023,464 $ 1,255,264 231,800 18.5%

Unaudited Consolidated Financial Statements are Subject to Change

A - 5.1

September 2014 YTD Consolidated Statement of Operations - Variance Explanations:

Revenues:

/a Passenger related revenues were favorable to prior year by $145.6M primarily due to
increased Northeast Corridor ridership as a result of Superstorm Sandy in FY13 and
State Supported revenues. Ticket revenues for the Northeast Corridor are up 8%,
State/Corridor trains are up 2% and Long Distance trains are down 3%.

/b Commuter revenues are favorable by $6.8M primarily due to increased contracted
maintenance of equipment services for ConnDOT as well as increased operating revenue
from Metrolink and MARC.

/c State capital payments are favorable by $23.5M due to changes in the amortization of state
supported assets as well as increased capital contributions from state partners.

/d Other revenues were favorable by $67.5M primarily due to increased reimbursable
revenues for Michigan maintenance of way work.

Expenses:

/e Salaries, wages and benefits were unfavorable by $1.0M primarily due to higher salaries
and contractual wage increases offset by lower post-retirement benefit costs and the
expiration of the management pension program.

/f Train Operations were favorable by $43.8M primarily due to decreased host railroad
expenses including lower schedule adherence payments for poor on time performance.

/g Fuel, Power and Utilities were favorable by $8.1M primarily due to favorable fuel prices
and energy usage.

/h Materials were unfavorable by $12.8M primarily due to changes in component overhaul
pricing, increased rolling stock repair and increased uncapitalizable activity for locomotive
repair and maintenance.

/i Facility, Communications and Office Related expenses were unfavorable by $7.2M
primarily due to reimbursable maintenance of way activity, increased data communication
costs and snow removal expenses.

/j Advertising and Sales were unfavorable by $1.4M primarily due to increased advertising
programs to boost ridership and revenue as well as increased credit commissions due to
higher net ticket sales.

A - 5.2

September 2014 YTD Consolidated Statement of Operations - Variance Explanations:
(cont.)
/k Casualty and other claims were favorable by $9.7M primarily due to lower anticipated

claims activity for the fiscal year.
/l Depreciation, net of amortization was unfavorable by $30.3M, primarily due to an increase

in the depreciable fixed asset base.
/m Other expense was unfavorable by $67.0M primarily due to increased reimbursable

expenses for Michigan maintenance of way work and uncapitalizable work on asset
improvement initiatives.
/n Indirect cost capitalized to P&E were favorable by $8.2M primarily due to increased capital
spending.
/o Other expense, net was favorable by $38.0M primarily due to the sale of air rights above
the NEC (Cira Sale) and reduced interest expenses related to capital lease retirements.

A - 5.3

National Railroad Passenger Corporation and Subsidiaries (Amtrak)

Consolidated Balance Sheets

(In Thousands of Dollars, Except Share Data)

(Unaudited)

September 30,

ASSETS 2014 2013 $ Change % Change
Current Assets:
Cash and cash equivalents ............................................................................................... $ 423,775 $ 282,280 141,495 50.1% /a
Restricted cash and cash equivalents............................................................................... 5,414 6,813 (1,399) (20.5%) /a
Accounts receivable, net of allowances of $606 and $3,076
298,700 202,702 95,998 47.4% /b
at September 30, 2014 and September 30, 2013, respectively……….......................
Materials and supplies, net of allowances of $46,074 and $45,423 267,954 258,133 9,821 3.8% /c
21,388 16,223 5,165 31.8% /d
at September 30, 2014 and September 30, 2013, respectively………....................... 8,375 14,972 (6,597) (44.1%) /e
Prepaid expenses.............................................................................................................. 244,483 31.3%
Other current assets ......................................................................................................... 1,025,606 781,123
Total current assets .......................................................................................................

Property and Equipment: 1,666,345 1,531,045 135,300 8.8%
Locomotives .................................................................................................................... 2,800,426 2,922,180 (121,754) (4.2%)
Passenger cars and other rolling stock ............................................................................ 11,854,686 11,321,458 533,228 4.7%
Right-of-way and other properties .................................................................................. 1,431,056 1,126,936 304,120 27.0%
Construction in progress.................................................................................................. 5.7%
Leasehold improvements ................................................................................................ 526,529 498,153 28,376 5.1%
Property and equipment, gross .................................................................................... 18,279,042 17,399,772 879,270 7.7%
Less - Accumulated depreciation and amortization ........................................................ (6,933,269) (6,437,387) (495,882) 3.5% /f
Total property and equipment, net .............................................................................. 11,345,773 10,962,385 383,388

Other Assets, Deposits, and Deferred Charges: $ 54,440 $ 53,755 685 1.3% /g
Notes receivable on sale-leasebacks ............................................................................... 138,891 149,906 (11,015) (7.3%) /h
Deferred charges, deposits, and other ............................................................................. 193,331 203,661 (10,330) (5.1%)
Total other assets, deposits, and deferred charges ..................................................... 12,564,710 11,947,169 617,541 5.2%
Total assets .....................................................................................................................

LIABILITIES and CAPITALIZATION $ 320,065 $ 304,942 15,123 5.0% /i
Current Liabilities: 602,553 592,768 9,785 1.7% /j
Accounts payable ............................................................................................................ 133,733 127,653 6,080 4.8% /k
Accrued expenses and other current liabilities ................................................................ 105,433 134,393 (21.5%) /l
Deferred ticket revenue ................................................................................................... 1,161,784 1,159,756 (28,960) 0.2%
Current maturities of long-term debt and capital lease obligations ................................ 2,028
Total current liabilities .................................................................................................

Long-Term Debt and Capital Lease Obligations: 330,669 510,079 (179,410) (35.2%) /m
Capital lease obligations ................................................................................................. 292,408 324,401 (31,993) (9.9%) /n
Mortgages ........................................................................................................................ 208,236 43,038 165,198 383.8% /o
Equipment and other debt ............................................................................................... 336,715 277,694 59,021 21.3% /p
Railroad rehabiliation and improvement financing loan ................................................. 1,168,028 1,155,212 12,816 1.1%
Total long-term debt and capital lease obligations ....................................................

Other Liabilities and Deferred Credits: 1,137,308 1,065,993 71,315 6.7% /q
Deferred state capital payments ...................................................................................... 188,627 178,709 9,918 5.5% /r
Casualty reserves ............................................................................................................. 69,452 73,567 (4,115) (5.6%) /s
Deferred gain on sale-leasebacks .................................................................................... 4.0% /t
Postretirement employee benefits obligation .................................................................. 1,120,891 1,077,310 43,581 (2.5%) /u
Environmental reserve .................................................................................................... 52,070 53,420 (1,350) 0.0%
Deferred income taxes ............................................................................................. 3,879 3,879 (3.1%) /v
Other liabilities................................................................................................................. 0 4.4%
Total other liabilities and deferred credits ................................................................. 146,880 151,648 (4,768) 2.6%
Total liabilities ............................................................................................................... 2,719,107 2,604,526 114,581
5,048,919 4,919,494 129,425

Commitments and Contingencies

Capitalization:

Preferred stock - $100 par, 109,396,994 shares authorized,

issued and outstanding at September 30, 2014 and September 30, 2013................... 10,939,699 10,939,699 0 0.0%

Common stock - $10 par, 10,000,000 shares authorized, 9,385,694 0 0.0%
1,511,580 5.7% /w
issued and outstanding at September 30, 2014 and September 30, 2013................... 93,857 93,857 (1,023,464) 3.4% /x
(0.0%)
Other paid-in capital ........................................................................................................ 28,209,440 26,697,860 0 6.9%
488,116 5.2%
Accumulated deficit......................................................................................................... (31,355,439) (30,331,975) 617,541

Accumulated other comprehensive loss........................................................................... (371,766) (371,766)

Total capitalization ........................................................................................................ 7,515,791 7,027,675
Total liabilities and capitalization ................................................................................ $ 12,564,710 $ 11,947,169

Unaudited Consolidated Financial Statements are Subject to Change

A - 5.4

September 2014 Balance Sheet Variance Explanations:

/a Cash and cash equivalents increased $140.1M – reflects the timing of FY13 and FY14
appropriations and grants net of cash used for operations, capital investments and debt service
during the period.

/b Accounts receivable, net increased $96.0M – due primarily to higher state partner receivable
balances.

/c Materials and supplies, net increased $9.8M – due to inventory purchases and usage in support of
operations.

/d Prepaid expenses increased $5.2M – reflects the timing of capitalization of leased equipment and
the amortization of insurance premiums.

/e Other current assets decreased $6.6M – primarily due to fuel hedge activity and amortization of
prepaid payroll taxes.

/f Property and equipment, net of accumulated depreciation and amortization increased $383.4M –
reflects improvements to property and right of way partially offset by the accumulated
depreciation on assets and the disposition of out of service equipment.

/g Notes receivable on sale-leasebacks increased $0.7M – reflects increases in defeased deposits
related to the replacement or elimination of certain guarantors of the sale-leaseback of
Amfleet/Superliner passenger cars.

/h Deferred charges, deposits and other decreased $11.0M – due to a decrease in deferred rent
resulting from the sale of the Cira Centre.

/i Accounts payable increased $15.1M – reflects an increase in general accounts payable.

/j Accrued expenses and other current liabilities increased $9.8M – primarily due to the settlement
of retroactive wage increases as well as regular wage and salary accruals, retirement, benefits and
federal tax payments.

/k Deferred ticket revenue increased $6.1M – reflects the change from prior fiscal year end in
advance ticket sales.

/l Current maturities of long-term debt and lease obligations decreased $29.0M – primarily due to
the retirement of certain capital leases.

/m Capital lease obligations decreased $179.4M – reflects a reduction of defeased lease payments on
leased locomotives and rolling stock due to their replacement or termination.

/n Mortgages decreased $32.0M – reflects payments on the Penn Station mortgage.

/o Equipment and other debt increased $165.2M – primarily relates to the establishment of two new
long term debt facilities.

/p Railroad rehabilitation and improvement financing increased $59.0M – relates to the purchase of
new electric locomotives.

A - 5.5

September 2014 Balance Sheet Variance Explanations: (continued)

/q Deferred state capital payments increased $71.3M – due to capital contributions from various
state transportation agencies as well as other rail operators such as New Jersey (NJT), New York
(LIRR), and Maryland (MARC) for joint benefit projects less amortization.

/r Casualty reserves increased $9.9M – reflects the most recent actuarial analysis and calculation of
future reserve levels for employee, passenger and other claims.

/s Deferred gain on sale-leasebacks decreased $4.1M – reflects amortization of deferred gain on sale
and leaseback transactions for Amfleet and Superliner passenger cars and a reduction for
terminated lease transactions.

/t Postretirement employee benefits obligation increased $43.6M – reflects the most recent actuarial
analysis reflecting the aging of the workforce and projected increases in future healthcare rates.

/u Environmental reserve decreased $1.4M – reflects the estimated liability for environmental clean-
up projects.

/v Other liabilities decreased $4.8M – reflects the recognition of deferred revenue from the East
Side Access project.

/w Debt and other paid-in capital increased $1,511.6M – reflects appropriations and grants received
since FY13.

/x Accumulated deficit increased $1023.5M – reflects net losses incurred since FY13.

A - 5.6

EGISLATIVE EPORT

Status of FY2015 Transportation

Appropriations Bill

Current to September 30, 2014

House Approvals Senate Approvals Conference Approvals
Public Law
SubComm SubComm
Markup House Vote Senate Vote
Markup 6/3/14
-------
5/7/14 House Vote Senate Vote
---------- 6/10/14 Committee
Committee Markup
6/5/14
Markup

5/21/14

Background:
 The Obama Administration released its Fiscal 2014 appropriations proposals on March 4. As in
some past years, the Administration proposes a restructuring of passenger rail programs within the
DOT budget. There would be a National High Performance Rail System, totaling $4.775 billion
in Fiscal 2015. Of that, $2.45 billion would be for Current Passenger Rail Service, divided among
Amtrak business lines: Northeast Corridor ($550 million), State Corridors ($225 million), Long
Distance ($850 million), National Assets/Debt/PTC ($475 million), Stations ADA Compliance
($350 million). Beyond Amtrak, $2.325 billion would go to a Rail Service Investment Program
for corridor improvements, PTC (commuter rail), and other improvements.
 Amtrak submitted its Fiscal 2015 appropriations request on March 18. The request is $1.62
billion, which includes $701 million for operations ($83 million for State Corridors and $618
million for Long Distance), $760 million for capital ($445 million for NEC, $20 million for State
Corridors, $295 million for Long Distance), $150 million for debt service. The request envisions
transferring $290 million in NEC operating profit to NEC capital, instead of to general operations
as in past years, so the net operating loss is forecast to be $333 million.
 The Transportation, Housing and Urban Development Subcommittee of the House Appropriations
Committee on May 7 approved a Fiscal 2015 appropriations bill. H.R.4745 includes $1.190
billion for Amtrak, of which $340 million is for operations and $850 million for capital. The bill
also provides $24 million for Amtrak Office of Inspector General. The Appropriations Committee
approved it on May 21. A Moran (D-Va.) amendment to increase Amtrak capital funding by $200
million failed on a vote of 22-28.
 The Transportation, Housing and Urban Development Subcommittee of the Senate Appropriations
Committee on June 3 approved a Fiscal 2015 appropriations bill. The bill, S.2438, includes
$1.390 billion for Amtrak, of which $350 million is for operations and $1.040 billion for capital.
The bill also provides $23 million for Amtrak Office of Inspector General. The Appropriations
Committee approved it on June 5.
 H.R.4745 was debated on the House floor on June 9 and 10, and approved on June 10, 229-192.
Several amendments affecting Amtrak were defeated and several adopted. Those defeated
included cutting all of Amtrak’s $340 million operating grant (Broun, voice vote), cutting $34
million of the operating grant (Broun, 154-248), cutting $1 million from Amtrak OIG (Broun,
160-266), cutting all programs in the bill by 1% (Blackburn, 159-260), prohibiting Amtrak from
running routes with 50% or less cost recovery (7 routes, Sessions, 167-250). Those adopted
included prohibiting Amtrak from using operating funds to support food and beverage service
(Gingrey, voice vote), prohibiting Amtrak from using operating funds to operate the route
identified in 2013 as having the highest lost per passenger (Sunset Limited, Sessions, voice vote).
 H.J.Res.124, the FY15 Continuing Appropriations Resolution, funded federal programs at the
same level as FY14, less 0.0554% in across-the-board cuts. Amtrak is funded at an annualized
rate of $1.389 billion. The Continuing Resolution runs through December 11.

B-1

Summary and Status of Legislation Impacting Amtrak - 112th Congress

Bill Number Title/Sponsor Co-Sponsors Summary Legislative Action to Date
0
Resolves that the Transportation Security Administration 1/3/2013 Referred to Committee on
0 should continue efforts to improve transportation security, Homeland Security.
including on rail systems, and continuing development of
H.Res.15 Transportation Security the National Explosives Detection Canine Team Program.
Rep. Sheila Jackson Lee (D-TX)

H.R.152 Disaster Relief Appropriations Act Making supplemental appropriations in connection with 1/4/2013 Introduced in House.
of 2013 Superstorm Sandy. The initial bill provided $32 million for 1/15/2013 Frelinguysen amendment to
Rep. Harold Rogers (R-KY) Amtrak for operating costs and losses arising from the H.R.152 approved, 228-192.
storm. An amendment by Rep. Rodney Frelinghuysen (R- 1/15/2013 Approved by House, 241-180.
NJ) to expand the bill was approved and included $86 1/28/2013 Approved by Senate, 62-36.
million in capital projects in the Northeast Corridor that 1/29/2013 Enacted as P.L.113-2.
address infrastructure recovery, mitigation, and resiliancy,
bringing the Amtrak total to $118 million.

S.4 Rebuild America Act 1/22/2013 Referred to Committee on
Sen. Harry Reid (D-NV) Expresses the sense of the Senate that Congress should Commerce, Science and Transportation.
14 increase jobs and improve infrastructure by making
investments in transportation, including rail.

2/5/2013 Referred to five committees,

Repeals the budget sequester, raises revenues, and including Committee on Transportation and

H.R.505 Balancing Act 17 redistributes budget cuts to meet overall sequester cap. Infrastructure.
Rep. Keith Ellison (D-MN) Provides $6 billion in general capital for Amtrak for state of

good repair projects.

S.387 American Infrastructure 2/26/2013 Referred to Committee on
Investment Fund Act Establishes a fund to facilitate investments in infrastructure Commerce, Science and Transportation.
Sen. John D. Rockefeller, IV (D- projects that significantly enhance the economic
WV) 1 competitiveness of the US. Authorizes $5 billion in FY14
and FY15 (each). Passenger and freight rail are among the
eligible transportation programs.

3/6/2013 House version approved by House,

Making appropriations for FY13 for a range of federal 267-151. 3/20/2013

programs, including the Department of Transportation, Senate-amended version approved by

Full-Year Continuing through September 30, 2013. Most programs funded at Senate, 73-26. 3/21/2013
Appropriations Act
H.R.933 Rep. Harold Rogers (R-KY) 0 their FY12 levels, less 5.03% sequester from March 1. Senate-amended version approved by
Funds Amtrak at a level of $1.347 billion (annualized). House, 318-109.

House version included an additional cut of 0.098% for 3/26/2013 Enacted as P.L.113-6.

discretionary, non-defense programs, but this was not part

of final bill.

H.R.946 National Right-to-Work Act 3/5/2013 Referred to Committee on
Rep. Steve King (R-IA) Amends Railway Labor Act to remove requirement that Education and the Workforce.
117 certain railroad employees become members of unions
H.R.949 Invest in American Jobs Act of representing that class of employee.
2013
Rep. Nick J. Rahall, II (D-WV) 3/5/2013 Referred to several House
committees.
Amends 49USC24305(f) from an Amtrak domestic buying
preference clause for manufactured and unmanufactured
items to a Buy America clauce for steel, iron, and
62 manufactured goods. It applies existing Buy America
provisions in 49USC24405 for passenger rail capital grants
to loans under the Railroad Revitalization and Regulatory
Reform Act of 1976.

H.R.1539 Northeast Corridor Rail Tunnel 4/12/2013 Referred to Committee on
Safety Act Authorizes the Secretary of Transportation to spend $898 Transportation and Infrastructure.
Rep. Peter T. King (R-NY) 2 million on completing New York tunnel life safety projects
and rehabilitation of tunnels in Baltimore and Washington.

4/12/2013 Referred to Committee on

National High Performance Directs the Department of Transportation to create a Transportation and Infrastructure.
Passenger Rail Transportation-
Oriented Development Act of 2013 transportation-oriented development initiative that generates
Rep. Thomas Petri (R-WI)
H.R.1544 1 revenue captured from increased property values around

stations that can be used to help pay for urban and regional

passenger rail corridors.

5/21/2013 Referred to Committee on

Pets on Trains Act of 2013 Requires Amtrak to propose a pet policy that allows Transportation and Infrastructure.
Rep. Jeff Denham (R-CA)
H.R.2066 38 passengers to transport domesticated cats and dogs on

certain Amtrak trains.

Making appropriations for the Departments of 6/19/2013 Approved by appropriations
Transportation and Housing and Urban Development, and
H.R.2610 Transportation, Housing and Urban 0 related agencies for the fiscal year ending September 30, subcommittee.
Development, and Related 2014, and for other purposes. Includes $950 million for 6/27/2013 Approved by Appopriations
Agencies Appropriations Act, 2014 Amtrak. Committee, H.Rep. 113-136.
Rep. Tom Latham (R-IA) Superseded by H.R.3547 (below)

Making appropriations for the Departments of 6/25/2013 Approved by appropriations
Transportation and Housing and Urban Development, and
S.1243 Transportation, Housing and Urban 0 related agencies for the fiscal year ending September 30, subcommittee.
Development, and Related 2014, and for other purposes. Includes $1.450 billion for 6/27/2013 Approved by Appopriations
Agencies Appropriations Act, 2014 Amtrak. Committee, S.Rep. 113-45.
Sen. Patty Murray (D-WA) Superseded by H.R.3547 (below)

H.R.2534 Transportation and Regional 6/27/2013 Referred to Committee on Ways
Infrastructure Project Act Allows states to issue up to $50 billion in bonds for a range and Means.
Rep. Ed Whitfield (R-KY) 1 of transportation infrastructure projects, including rail, with
federal tax credits for bond holders.

S.1250 Transportation and Regional 6/27/2013 Referred to Committee on
Infrastructure Project Act Allows states to issue up to $50 billion in bonds for a range Finance.
Sen. Ron Wyden (D-OR) 2 of transportation infrastructure projects, including rail, with
federal tax credits for bond holders.

Railroad Safety and Positive Train 8/1/2013 Referred to Committee on
Control Extension Act
S.1462 Sen. John Thune (R-SD) 15 Extends PRIIA deadline for implementing Positive Train Commerce, Science, and Transportation
Control from 2015 to 2020.

9/10/2013 Introduced in House.

9/20/2013 Modified version approved by

House, 230-189.

9/27/2013 Approved by Senate, with

amendment, 54-44.

Making appropriations for federal programs through 9/29/2013 Approved by House, with

November 15, 2013 (Senate) or December 15, 2013 amendment, 248-174 and 231-192.

9/30/2013 Approved by Senate, with
(House), and for other purposes. Includes $1.344 billion for amendment, 54-46.
Amtrak, on an annualized basis. A series of votes in both
H.J.Res.59 Continuing Resolution, Fiscal 2014 0 Houses to add or remove language in the Continuing 9/30/2013 Approved by House, with
Rep. Harold Rogers (R-KY) Resolution were held September 20-30, with much of the amendment, 248-174 and 228-201.
9/30/2013 Approved by Senate, with
language involving health care provisions. The issue was amendment, 54-46.
not resolved before the start of the Fiscal Year on October 10/1/2013 H.Res.368 approved by House,
1. insisting on its amendments to H.J.Res.59

and naming conferees, 228-199.

10/1/2013 House message on H.Res.368

tabled by Senate, 54-46.

Superseded by H.R.2775 (below)

B-2

Summary and Status of Legislation Impacting Amtrak - 112th Congress

7/22/2013 Introduced in House.

9/12/2013 Approved by House, 235-191.

This bill began as a measure to require creation of a 10/16/2013 Approved by Senate, with

program to verify household income in connection with the amendments, 83-16 and 81-18.
10/16/2013 Approved by House, without
Patient Protection and Affordable Care Act, but was
amended to include continuing appropriations for 2014. The amendment, 285-144.
Continuing Appropriations Act, 104 bill requires House-Senate budget conferees to meet and 10/17/2013 Enacted as P.L.113-46.
H.R.2775 2014
Rep. Diane Black (R-TN)
report by December 13, 2013. It makes appropriations for

federal programs through January 15, 2014. It contains a

debt limit suspension to February 7, 2014. Includes $1.344

billion for Amtrak, on an annualized basis.

11/14/2013 Referred to Committee on

Pets on Trains Act of 2013 Requires Amtrak to propose a pet policy that allows Commerce, Science and Transportation
Sen. Sheldon Whitehouse (R-RI)
S.1710 2 passengers to transport domesticated cats and dogs on

certain Amtrak trains.

11/20/2013 Referred to Committee on

Railway and Inspection Requires Federal Railroad Administration to require Transportation and Infrastructure
Transparency Act
H.R.3551 Rep. Robert Andrews (D-NJ) 0 railroads to have bridges, switches, and signals inspected

by independent, third-party professional engineers.

12/4/2013 Referred to Committee on

H.R.3634 Commuter Rail Passenger Safety 15 Amends the Railroad Revitalization and Regulatory Reform Transportation and Infrastructure
Act Act of 1976 to make the installing of positive train control
Rep. Sean Patrick Maloney (D-NY) systems eligible for railroad rehabilitation and improvement
direct loans and loan guarantees.

H.J.Res.106 Continuing Appropriations 1/10/2014 Introduced in House.
extension 1/14/2014 Approved by House, voice vote.
Rep. Harold Rogers (R-KY) 0 Extended P.L.113-46 (above) through to January 18, 2014. 1/15/2014 Approved by Senate, 86-14.
1/15/2014 Enacted as P.L.113-73.

11/20/2013 Introduced in House.

Consolidated Appropriations Act, This bill began as a measure involving space launch liability 1/15/2014 Modified version approved by
2014
H.R.3547 Rep. Lamar Smith (R-TX) 3 indemnification, but was amended to provide final House, 359-67.
appropriations for 2014. It funds Amtrak at a level of 1/16/2014 Approved by Senate, 72-26.

$1.390 billion (annualized). 1/17/2014 Enacted as P.L.113-76.

4/10/2014 Referred to Committee on the

Amends the Omnibus Crime Control and Safe Streets Act Judiciary

of 1968 to modify the public safety and community policing

S.2254 COPS Improvements Act of 2014 10 grant program (COPS ON THE BEAT grant program); also
Sen. Amy Klobuchar (D-MN) includes officers of the Amtrak Police Department within the

definition of "career law enforcement officer" for purposes

of such grant program.

4/9/2014 Referred to Committees on

Minority-owned and women-owned To ensure that minority-owned and women-owned Transportation and Infrastructure and Small

H.R.4439 businesses Rep. Corrine 0 businesses have a full and fair opportunity to compete in Business

Brown (D-FL) federally funded rail projects and contracts.

Making appropriations for the Departments of 5/7/2014 Approved by appropriations
Transportation and Housing and Urban Development, and
H.R.4745 Transportation, Housing and Urban 0 related agencies for the fiscal year ending September 30, subcommittee.
Development, and Related 2015, and for other purposes. Includes $1.190 billion for 5/21/2014 Approved by Appopriations
Agencies Appropriations Act, 2015 Amtrak. Committee, H.Rep. 113-464.
Rep. Tom Latham (R-IA) 6/10/2014 Approved by entire House, 229-
192.

Redesignating Union Station in 5/8/2014 Referred to Committee on
Washington
S.2308 Sen. Claire McCaskill (D-MO) 3 Making the new name of the station (which has divided Environment and Public Works
ownership) the "Harry S. Truman Union Station"

Redesignating Union Station in 5/9/2014 Referred to Committee on
Washington
H.R.4638 Rep. Emanuel Cleaver (D-MO) 10 Making the new name of the station (which has divided Transportation and Infrastructure
ownership) the "Harry S. Truman Union Station"

Making appropriations for the Departments of 6/3/2014 Approved by appropriations
Transportation and Housing and Urban Development, and
S.2438 Transportation, Housing and Urban 0 related agencies for the fiscal year ending September 30, subcommittee.
Development, and Related 2015, and for other purposes. Includes $1.390 billion for 6/5/2014 Approved by Appopriations
Agencies Appropriations Act, 2015 Amtrak. Committee, S.Rep. 113-182.
Sen. Patty Murray (D-WA)

6/5/2014 Referred to Committee on

Equity in Law Enforcement Act of To extend the same Federal benefits to law enforcement Judiciary
2014
S.2441 Sen. Jack Reed (D-RI) 6 officers serving private institutions of higher education and
rail carriers that apply to law enforcement officers serving

units of State and local government.

6/11/2014 Referred to Committee on

Transportation and Infrastructure

7/28/2014 Motion to suspend rules (bypass

committee) and approve bill passed on voice

vote in House 7/29/2014

Redesignating 30th Street Station Referred to Senate Committee on
in Philadelphia
H.R.4838 Rep. Chaka Fattah (D-PA) 21 Making the new name of the station (owned by Amtrak) the Commerce, Science and Transportation

"William H. Gray III 30th Street Station" 7/31/2014 Discharged from Committee and

passed by Senate, unanimous consent

8/8/2014 Enacted as P.L.113-158

7/10/2014 Referred to Senate Committee on

Redesignating 30th Street Station Commerce, Science and Transportation
in Philadelphia
S.2594 Sen. Robert Casey (D-PA) 1 Making the new name of the station (owned by Amtrak) the Superseded by H.R.4838 (above)
"William H. Gray III 30th Street Station"

9/9/2014 Introduced in House.

Making appropriations for federal programs through 9/17/2014 Approved by House, 319-108.

H.J.Res.124 Continuing Resolution, Fiscal 2015 0 December 11, 2014, and for other purposes. Includes 9/18/2014 Approved by Senate, 78-22.
Rep. Harold Rogers (R-KY)
$1.389 billion for Amtrak, on an annualized basis (including 9/19/2014 Enacted as P.L.113-164

across-the-board cut of 0.0554%).

S.2784 Rail Safety Improvement Act of 3 To reauthorize federal rail safety programs. 9/10/2014 Referred to Senate Committee on
2014 Commerce, Science and Transportation
Sen. Richard Blumenthal (D-CT)

9/11/2014 Referred to Committee on

Transportation and Infrastructure

Reauthorizes Amtrak for four years. Funding levels are 9/17/2014 Approved by Committee on
lower than in PRIIA of 2008 but somewhat above recent Transportation and Infrastructure

appropriations. Funding would be divided between

"Northeast Corridor" and "National Network" accounts.

Passenger Rail Reform and Amtrak could not move funds between the two accounts.
Investment Act of 2014
H.R.5449 Rep. Bill Shuster (R-PA) 8 Authorizes $300 million a year in state matching capital
grants for passenger rail. Creates an advisory committee for

state corridors. Requires Amtrak to hire a consultant to

study all Amtrak services. Requires FRA to conduct two

competitive piolt programs on Amtrak routes. Amtrak must

eliminate Food and Beverage losses without reducing

employee levels.

Railroad employees at grade 9/18/2014 Referred to Committee on
crossings
H.R.5638 Rep. Thomas E. Petri (R-WI) 2 To allow railroad employees to remain on duty as necessaryTransportation and Infrastructure
S.2891 to clear a blockage of vehicular traffic at grade crossings.
Innovation in Surface
Transportation Act of 2014 9/18/2014 Referred to Committee on
Sen. Cory Booker (D-NJ) To allow local jurisdictions to compete for a larger share of Environment and Public Works
4 federal funds on a competitive basis. Freight rail providers
and local rail authorities would be eligible for such funding.

B-3

OUTE ERFORMANCE
EPORT

National Railroad Passenger Corporation (Amtrak)

Financial Performance of Routes - Fully allocated overhead, excluding Depreciation and Interest (see notes below)
September 2014 YTD - Preliminary and Unaudited

Route Performance Results Exclude Depreciation and Interest.

All numbers are in $ millions except Passenger Mile and Seat Mile Calculations.

Northeast Corridor Trains Total Costs excl. Contribution / Contribution / Fully Allocated Fully Allocated
OPEB's, APT Asset (Loss) before Contribution / Contribution /
Allocation and IG (Loss) excl. Fully Allocated (Loss) per Pass (Loss) per Seat Mile
APT Asset Contribution /
Route Total Costs OPEB's, APT Asset OPEB's & Allocation APT Asset Mile (cents) (cents)
Number Revenue $289.8 Allocation* (Loss) 45.9 29.5
RT01 Train Name $440.5 Allocation & IG IG $308.0 $308.0 14.1 7.3
RT05 Acela $603.8 $4.6 $176.7 n/a $176.7 (81.3) (27.5)
RT99 Northeast Regional $625.6 $734.9 $314.0 $6.0 n/a ($2.6) 25.0 13.9
NEC Special Trains ($2.6) n/a $482.2
Total $2.1 $185.2 $8.4 $482.2 n/a
$1,231.6
($2.5) $0.1

$496.7 $14.5

State Supported and Other Total Costs excl. Contribution / Contribution / Fully Allocated Fully Allocated
Short Distance Corridor Trains OPEB's, APT Asset (Loss) before Contribution / Contribution /
Allocation and IG (Loss) excl. Fully Allocated (Loss) per Pass (Loss) per Seat Mile
APT Asset Contribution /
Route Total Costs OPEB's, APT Asset OPEB's & Allocation APT Asset Mile (cents) (cents)
Number Revenue $5.5 Allocation* (Loss) (4.8) (2.1)
RT03 Train Name $9.8 Allocation & IG IG ($0.5) ($0.5) 4.2 1.9
RT04 Ethan Allen Express $5.1 $1.0 n/a $1.0 (0.1) (0.0)
RT07 Vermonter $11.0 $29.0 ($0.4) $0.1 ($0.1) n/a ($0.1) (4.4) (1.5)
RT09 Maple Leaf $29.5 $15.4 ($1.9) n/a ($1.9) (16.1) (7.7)
RT12 The Downeaster $13.9 $24.9 $1.2 $0.2 ($5.2) n/a ($5.2) (5.2) (2.2)
RT14 New Haven - Springfield $20.2 $51.4 ($6.2) n/a ($6.2) (4.3) (1.6)
RT15 Keystone Service $46.1 $56.3 $0.6 $0.7 ($5.9) n/a ($5.9) (2.3) (1.1)
RT20 Empire Service $51.7 $36.4 ($2.5) n/a ($2.5) (3.3) (1.2)
RT21 Chicago-St.Louis $34.6 $24.0 ($1.6) $0.3 ($2.1) n/a ($2.1) (7.1) (3.4)
RT22 Hiawathas $22.4 $37.4 ($7.1) n/a ($7.1) (5.7) (2.5)
RT23 Wolverines $31.2 $19.4 ($4.7) $0.5 ($3.3) n/a ($3.3) (6.7) (2.5)
RT24 Illini $16.5 $16.0 ($2.4) n/a ($2.4) (14.3) (6.0)
RT29 Illinois Zephyr $14.0 ($5.3) $0.9 ($1.9) n/a ($1.9) (9.6) (2.9)
RT35 Heartland Flyer $9.1 ($22.3) n/a (5.9) (3.4)
RT36 Pacific Surfliner $7.3 $122.2 ($4.6) $1.3 ($7.3) n/a ($22.3) (12.6) (3.2)
RT37 Cascades $101.9 ($12.1) n/a ($7.3) (2.5) (1.0)
RT39 Capitols $66.8 ($1.8) $0.7 ($4.1) n/a (0.2) (0.1)
RT40 San Joaquins $60.6 $68.8 ($0.1) n/a ($12.1) (3.7) (1.8)
RT41 Adirondack $57.9 $85.0 ($1.6) $0.5 ($1.5) n/a ($4.1) 9.1 6.4
RT46 Blue Water $82.2 $12.4 $3.9 n/a ($0.1) 8.1 5.6
RT47 Washington-Lynchburg $12.6 $13.5 ($6.3) $0.8 $6.3 n/a ($1.5) 5.0 1.8
RT50 Washington-Newport News $12.3 $1.4 n/a $3.9 (6.6) (1.9)
RT51 Washington - Norfolk $12.2 $8.1 ($2.9) $0.4 ($1.9) n/a $6.3 (55.2) (26.6)
RT54 Washington - Richmond $25.0 $18.3 ($2.9) n/a $1.4 (6.0) (2.6)
RT56 Hoosier State ($2.1) $0.3 ($2.1) n/a ($1.9) (6.8) (4.4)
RT57 Kansas City-St.Louis $9.2 $7.7 ($3.7) n/a ($2.9) (12.5) (6.8)
RT65 Pennsylvanian $10.3 $12.0 ($1.8) $0.1 ($1.9) n/a ($2.1) 2.3 1.9
RT66 Pere Marquette $2.1 n/a ($3.7) (8.8) (3.9)
RT67 Carolinian $3.1 $5.9 ($20.2) $2.1 ($1.6) n/a ($1.9) 1.1 0.8
RT96 Piedmont $13.6 $15.5 $0.0 n/a $2.1 (4.4) (1.9)
Non NEC Special Trains $13.1 $16.5 ($6.1) $1.2 ($85.7) n/a ($1.6)
Total n/a $0.0
$5.5 $7.3 ($10.9) $1.2
$22.7 $20.3 ($85.7)
($2.8) $1.3
$6.5 $8.0
$2.7 $2.6 $0.2 $0.3
$755.0 $825.4
($1.2) $0.3

$4.0 $0.2

$6.6 $0.4

$1.5 $0.2

($1.7) $0.2

($2.8) $0.1

($1.8) $0.3

($3.4) $0.3

($1.8) $0.1

$2.5 $0.4

($1.5) $0.2

$0.1 $0.0

($70.3) $15.4

Long Distance Trains Total Costs excl. Contribution / Contribution / Fully Allocated Fully Allocated
(Loss) before Contribution / Contribution /
OPEB's, APT Asset (Loss) excl. Fully Allocated (Loss) per Pass (Loss) per Seat Mile
APT Asset Contribution /
Route Total Allocation and IG OPEB's, APT Asset OPEB's & Allocation APT Asset Mile (cents) (cents)
Number Revenue Allocation* (Loss) (19.5) (12.1)
RT16 Train Name Costs Allocation & IG IG ($40.2) ($40.2) (34.8) (19.1)
RT18 Silver Star $41.2 ($15.4) n/a ($15.4) (13.9) (8.9)
RT19 Cardinal $8.7 $79.9 ($38.6) $1.6 ($30.1) n/a ($30.1) (16.4) (7.7)
RT25 Silver Meteor ($53.3) n/a ($53.3) (23.2) (15.6)
RT26 Empire Builder $44.3 $23.6 ($14.9) $0.5 ($25.9) n/a ($25.9) (21.0) (12.3)
RT27 Capitol Limited $60.5 ($62.4) n/a ($62.4) (20.3) (12.8)
RT28 California Zephyr $23.0 $72.9 ($28.6) $1.5 ($61.7) n/a ($61.7) (22.7) (14.4)
RT30 Southwest Chief $55.8 ($25.2) n/a ($25.2) (19.4) (13.1)
RT32 City of New Orleans $49.4 $111.1 ($50.6) $2.7 ($31.8) n/a ($31.8) (42.6) (22.2)
RT33 Texas Eagle $22.3 ($36.9) n/a ($36.9) (23.5) (14.7)
RT34 Sunset Limited $27.4 $48.0 ($24.9) $0.9 ($53.6) n/a ($53.6) (16.9) (10.1)
RT45 Coast Starlight $14.2 ($32.0) n/a ($32.0) (12.8) (5.7)
RT48 Lake Shore Limited $47.7 $115.8 ($59.9) $2.5 ($10.5) n/a ($10.5) (29.0) (15.7)
RT52 Palmetto $34.5 ($46.2) n/a ($46.2) (1.8) (1.3)
RT63 Crescent $18.3 $108.9 ($59.5) $2.1 n/a ($4.3) (19.2) (11.3)
Auto Train $35.9 ($4.3) n/a
Total $80.9 $46.7 ($24.4) $0.8 ($529.6) n/a ($529.6)
$564.2
$58.0 ($30.6) $1.2

$50.2 ($36.0) $1.0

$99.3 ($51.6) $2.0

$65.1 ($30.6) $1.4

$28.2 ($9.9) $0.6

$80.7 ($44.8) $1.4

$83.4 ($2.5) $1.8

$1,071.7 ($507.5) $22.0

Total National Train System $2,550.8 $2,632.0 ($81.2) $52.0 ($133.1) n/a ($133.1) (2.0) (1.0)

* Under Development - will be included once it is completed.

Reconciling Items between National Train System and Consolidated Statement of Operations

Revenue Expense Net Notes:
- This report is being produced using the Amtrak Performance Tracking system, which allocates costs to
Total National Train System $2,550.8 $2,683.9 ($133.1) all customers, including freight and commuter railroads. This report reflects the information as it existed
in the general ledger at the time it was produced. Future changes to the general ledger data may affect
Ancillary Customers $422.7 $475.6 ($52.9) the placement of data within this report. Project (PRJ) related costs are excluded from this fully allocated
report because they are paid for with Capital funding. An APT Asset Allocation is under development and
Freight and Other Customers $199.8 $374.8 ($174.9) will be allocated to routes and included in this report when available.

Depreciation, net $0.0 $699.3 ($699.3)

Operating Results $3,173.4 $4,233.6 ($1,060.3)

Interest Expense, net $0.0 $24.2 ($24.2)
State Capital Payments $61.0 $0.0 $61.0
Net Results $3,234.3 ($1,023.5)
$4,257.8

C-1

National Railroad Passenger Corporation (Amtrak)

Financial Performance of Routes - Fully allocated overhead, excluding Depreciation and Interest (see notes below)
September 2013 YTD - Preliminary and Unaudited

Route Performance Results Exclude Depreciation and Interest.

All numbers are in $ millions except Passenger Mile and Seat Mile Calculations.

Northeast Corridor Trains Total Costs excl. Contribution / Contribution / Fully Allocated Fully Allocated
(Loss) before Contribution / Contribution /
OPEB's, APT Asset (Loss) excl. Fully Allocated (Loss) per Pass (Loss) per Seat Mile
APT Asset Contribution /
Route Total Allocation and IG OPEB's, APT Asset OPEB's & Allocation APT Asset Mile (cents) (cents)
Number Revenue Allocation* (Loss) 35.3 21.8
RT01 Train Name Costs Allocation & IG IG $222.7 $222.7 11.4 5.6
RT05 Acela $542.7 $141.0 n/a $141.0 24.6 2.6
RT99 Northeast Regional $585.8 $308.5 $234.1 $11.4 n/a $0.4 19.5 10.2
NEC Special Trains $0.4 n/a $364.1
Total $4.7 $430.3 $155.5 $14.5 $364.1 n/a
$1,133.1
$4.3 $0.4 $0.1

$743.0 $390.1 $26.0

State Supported and Other Total Costs excl. Contribution / Contribution / Fully Allocated Fully Allocated
Short Distance Corridor Trains (Loss) before Contribution / Contribution /
(Loss) per Pass (Loss) per Seat Mile
OPEB's, APT Asset (Loss) excl. APT Asset Fully Allocated
Allocation Contribution / Mile (cents) (cents)
Route Total Allocation and IG OPEB's, APT Asset OPEB's & APT Asset (25.0) (10.5)
Number Revenue ($2.5) Allocation* (Loss) (12.5) (5.6)
RT03 Train Name Costs Allocation & IG IG ($3.0) ($2.5) (5.6) (3.0)
RT04 Ethan Allen Express $3.9 ($6.8) n/a ($3.0) (4.6) (1.6)
RT07 Vermonter $8.6 $6.2 ($2.3) $0.2 ($2.1) n/a ($6.8) (34.5) (17.1)
RT09 Maple Leaf $25.5 ($11.6) n/a ($2.1) (4.9) (2.1)
RT12 The Downeaster $13.9 $11.2 ($2.5) $0.4 ($6.1) n/a (12.8) (4.5)
RT14 New Haven - Springfield $12.3 ($16.7) n/a ($11.6) (8.0) (3.7)
RT15 Keystone Service $42.9 $31.2 ($5.6) $1.2 ($9.2) n/a ($6.1) (3.5) (1.3)
RT20 Empire Service $45.2 ($2.3) n/a (24.7) (7.7)
RT21 Chicago-St.Louis $31.4 $15.4 ($1.5) $0.6 ($26.0) n/a ($16.7) (8.5) (3.4)
RT22 Hiawathas $23.7 ($5.2) n/a ($9.2) (8.6) (3.3)
RT23 Wolverines $20.9 $23.2 ($10.8) $0.8 ($3.3) n/a ($2.3) (24.7) (11.0)
RT24 Illini $17.1 ($3.5) n/a (9.2) (2.8)
RT29 Illinois Zephyr $14.8 $47.7 ($4.8) $1.3 ($21.5) n/a ($26.0) (7.5) (3.9)
RT35 Heartland Flyer $5.1 ($9.4) n/a ($5.2) (15.2) (4.5)
RT36 Pacific Surfliner $95.6 $59.6 ($14.4) $2.3 ($17.0) n/a ($3.3) (10.6) (4.3)
RT37 Cascades $60.8 ($18.1) n/a ($3.5) 1.6 1.3
RT39 Capitols $56.1 $39.0 ($7.6) $1.6 $0.6 n/a (5.9) (2.8)
RT40 San Joaquins $74.2 ($2.3) n/a ($21.5) 8.8 5.9
RT41 Adirondack $14.5 $25.0 ($1.2) $1.0 $3.7 n/a ($9.4) 1.2 0.7
RT46 Blue Water $12.4 $1.4 n/a 3.5 1.3
RT47 Washington-Lynchburg $12.2 $45.2 ($24.4) $1.7 $0.8 n/a ($17.0) ---
RT50 Washington-Newport News $31.0 ($0.5) n/a ($18.1) (190.9) ---
RT51 Washington - Norfolk $6.5 $21.5 ($4.4) $0.8 ($10.9) n/a (3.2) (87.6)
RT54 Washington - Richmond $0.0 ($1.2) n/a $0.6 (10.7) (1.6)
RT56 Hoosier State $0.9 $17.4 ($2.6) $0.7 ($5.5) n/a ($2.3) (9.7) (6.9)
RT57 Kansas City-St.Louis $14.5 ($1.6) n/a $3.7 (1.3) (5.7)
RT65 Pennsylvanian $11.1 $8.2 ($3.2) $0.3 ($1.2) n/a $1.4 (16.4) (1.0)
RT66 Pere Marquette $5.4 ($3.0) n/a $0.8 2.1 (7.1)
RT67 Carolinian $21.8 $112.8 ($17.2) $4.3 $0.1 n/a ($0.5) (9.1) 1.3
RT96 Piedmont $5.4 ($183.8) n/a ($10.9) (3.8)
Non NEC Special Trains $3.4 $67.7 ($6.8) $2.6 n/a ($1.2)
Total $691.5 n/a ($5.5)
$70.5 ($14.4) $2.6 ($1.6)
($1.2)
$89.6 ($15.4) $2.6 ($3.0)
$0.1
$13.2 $1.3 $0.6 ($183.8)

$14.1 ($1.8) $0.5

$8.2 $4.0 $0.3

$28.6 $2.4 $1.1

$5.4 $1.1 $0.2

$0.5 ($0.5) $0.0

$11.6 ($10.7) $0.2

$15.1 ($0.6) $0.6

$16.0 ($4.9) $0.6

$6.7 ($1.3) $0.3

$22.2 ($0.4) $0.9

$8.1 ($2.7) $0.3

$3.1 $0.2 $0.1

$844.5 ($153.0) $30.8

Long Distance Trains Total Costs excl. Contribution / Contribution / Fully Allocated Fully Allocated
(Loss) before Contribution / Contribution /
OPEB's, APT Asset (Loss) excl. Fully Allocated (Loss) per Pass (Loss) per Seat Mile
APT Asset Contribution /
Route Total Allocation and IG OPEB's, APT Asset OPEB's & Allocation APT Asset Mile (cents) (cents)
Number Revenue Allocation* (Loss) (25.2) (16.1)
RT16 Train Name Costs Allocation & IG IG ($52.0) ($52.0) (38.9) (23.2)
RT18 Silver Star $37.9 ($18.0) n/a ($18.0) (19.1) (12.2)
RT19 Cardinal $8.6 $86.7 ($48.9) $3.2 ($43.2) n/a ($43.2) (15.6) (9.3)
RT25 Silver Meteor ($60.8) n/a ($60.8) (22.4) (15.5)
RT26 Empire Builder $42.4 $25.6 ($17.1) $0.9 ($25.4) n/a ($25.4) (24.7) (14.7)
RT27 Capitol Limited $72.9 ($75.0) n/a ($75.0) (22.9) (15.1)
RT28 California Zephyr $23.5 $82.6 ($40.2) $3.0 ($71.0) n/a ($71.0) (21.1) (14.2)
RT30 Southwest Chief $55.7 ($24.9) n/a ($24.9) (17.0) (12.7)
RT32 City of New Orleans $49.1 $128.6 ($55.7) $5.1 ($32.6) n/a ($32.6) (48.4) (25.1)
RT33 Texas Eagle $23.2 ($41.4) n/a ($41.4) (26.3) (17.0)
RT34 Sunset Limited $30.0 $47.2 ($23.6) $1.7 ($62.4) n/a ($62.4) (17.2) (10.8)
RT45 Coast Starlight $13.8 ($34.2) n/a ($34.2) (17.2) (8.1)
RT48 Lake Shore Limited $47.7 $125.9 ($70.2) $4.8 ($14.9) n/a ($14.9) (29.9) (16.2)
RT52 Palmetto $35.2 ($47.8) n/a ($47.8) (15.6) (11.5)
RT63 Crescent $19.1 $115.6 ($66.6) $4.4 ($35.7) n/a ($35.7) (22.0) (13.8)
Auto Train $34.5 ($639.4) n/a
Total $75.4 $46.3 ($23.2) $1.7 n/a ($639.4)
$568.8
$60.1 ($30.2) $2.5

$53.2 ($39.4) $2.0

$106.0 ($58.3) $4.1

$66.8 ($31.6) $2.6

$32.8 ($13.7) $1.2

$79.1 ($44.7) $3.1

$106.2 ($30.8) $4.9

$1,163.0 ($594.2) $45.2

Total National Train System $2,393.4 $2,750.5 ($357.1) $102.1 ($459.1) n/a ($459.1) (6.8) (3.5)

* Under Development - will be included once it is completed.

Reconciling Items between National Train System and Consolidated Statement of Operations

Revenue Expense Net Notes:
- This report is being produced using the Amtrak Performance Tracking system, which allocates costs to
Total National Train System $2,393.4 $2,852.6 ($459.1) all customers, including freight and commuter railroads. This report reflects the information as it existed
in the general ledger at the time it was produced. Future changes to the general ledger data may affect
Ancillary Customers $369.6 $376.4 ($6.8) the placement of data within this report. Project (PRJ) related costs are excluded from this fully allocated
report because they are paid for with Capital funding.
Freight and Other Customers $190.5 $289.4 ($98.9) An APT Asset Allocation is under development and will be allocated to routes and included in this report
when available.
Depreciation, net $0.0 $665.6 ($665.6)

Operating Results $2,953.5 $4,183.9 ($1,230.4)

Interest Expense, net $0.0 $62.2 ($62.2)
State Capital Payments $37.5 $0.0 $37.5
Net Results $2,990.9 ($1,255.3)
$4,246.1

C-2

National Railroad Passenger Corporation (Amtrak)

Financial Performance of Routes - Fully allocated overhead, excluding Depreciation and Interest
September 2014 YTD - Preliminary and Unaudited vs. September 2013 YTD - Preliminary and Unaudited Variances

Route Performance Results Exclude Depreciation and Interest.

All numbers are in $ millions except Passenger Mile and Seat Mile Calculations.

Northeast Corridor Trains Total Costs excl. Contribution / Contribution / Fully Fully Allocated Fully Allocated
(Loss) before Allocated Contribution / Contribution /
OPEB's, APT Asset (Loss) excl. Contribution / (Loss) per Pass (Loss) per Seat Mile
APT Asset
Route Total Allocation and IG OPEB's, APT Asset OPEB's & Allocation APT Asset (Loss) Mile (cents) (cents)
Number Allocation* $85.3 10.7 7.8
RT01 Train Name Revenue Costs Allocation & IG IG $85.3 $35.7 2.6 1.7
RT05 Acela $35.7 n/a ($2.9) (105.9) (30.1)
RT99 Northeast Regional $61.2 $18.7 $79.9 $5.4 ($2.9) n/a 5.5 3.7
NEC Special Trains $118.1 n/a $118.1
Total $39.9 ($10.2) $29.7 $6.1 n/a

($2.6) ($0.3) ($2.9) $0.0

$98.4 $8.2 $106.6 $11.5

State Supported and Other Total Costs excl. Contribution / Contribution / Fully Fully Allocated Fully Allocated
Short Distance Corridor Trains (Loss) before Allocated Contribution / Contribution /
Contribution / (Loss) per Pass (Loss) per Seat Mile
OPEB's, APT Asset (Loss) excl. APT Asset
Allocation (Loss) Mile (cents) (cents)
Route Total Allocation and IG OPEB's, APT Asset OPEB's & APT Asset $2.0 20.2 8.4
Number Revenue $2.0 Allocation* $4.0 16.7 7.5
RT03 Train Name Costs Allocation & IG IG $4.0 $6.7 5.6 3.0
RT04 Ethan Allen Express $1.2 $6.7 n/a $0.2 0.2 0.1
RT07 Vermonter $2.4 $0.7 $1.9 $0.1 $0.2 n/a $6.5 18.4 9.4
RT09 Maple Leaf $4.0 $6.5 n/a ($0.1) (0.4) (0.1)
RT12 The Downeaster ($0.0) $1.4 $3.8 $0.3 ($0.1) n/a 8.5 2.9
RT14 New Haven - Springfield $7.9 $10.9 n/a $10.9 5.7 2.6
RT15 Keystone Service $3.2 $2.2 $6.2 $0.5 $6.7 n/a $6.7 0.2 0.0
RT20 Empire Service $6.5 $0.2 n/a $0.2 17.6 4.3
RT21 Chicago-St.Louis $3.1 ($0.0) ($0.0) $0.3 $19.0 n/a 2.8 0.9
RT22 Hiawathas ($1.3) $2.0 n/a $19.0 1.9 0.8
RT23 Wolverines $10.3 ($1.7) $6.2 $0.3 $0.9 n/a $2.0 10.4 5.0
RT24 Illini ($0.6) $1.6 n/a $0.9 (0.4) (0.1)
RT29 Illinois Zephyr ($0.9) ($3.7) ($0.5) $0.4 ($0.8) n/a $1.6 1.5 0.5
RT35 Heartland Flyer $2.2 $2.1 n/a ($0.8) 2.6 1.3
RT36 Pacific Surfliner $6.3 $3.3 $9.8 $1.1 $4.9 n/a $2.1 8.1 3.2
RT37 Cascades ($0.2) $13.9 n/a $4.9 (1.7) (1.5)
RT39 Capitols $1.8 $2.7 $5.8 $0.9 ($0.7) n/a 2.2 1.0
RT40 San Joaquins $8.0 $0.9 n/a $13.9 0.3 0.4
RT41 Adirondack ($1.9) $0.9 ($0.4) $0.6 $0.2 n/a ($0.7) 7.0 4.9
RT46 Blue Water ($0.1) $4.9 n/a $0.9 1.4 0.5
RT47 Washington-Lynchburg ($0.0) $7.8 $18.1 $0.9 $0.5 n/a $0.2 n/a n/a
RT50 Washington-Newport News ($6.0) ($1.4) n/a $4.9 135.7 61.1
RT51 Washington - Norfolk $2.7 $2.1 $1.5 $0.5 $8.0 n/a $0.5 (2.9) (1.0)
RT54 Washington - Richmond $10.3 ($0.9) n/a ($1.4) 4.0 2.5
RT56 Hoosier State $2.2 $1.4 $0.5 $0.4 $1.8 n/a $8.0 (2.8) (1.1)
RT57 Kansas City-St.Louis ($0.9) ($0.4) n/a ($0.9) 3.6 2.9
RT65 Pennsylvanian $2.0 ($0.8) $1.4 $0.2 $3.3 n/a $1.8 7.6 3.2
RT66 Pere Marquette $0.1 $1.4 n/a ($0.4) (1.0) (0.5)
RT67 Carolinian $0.9 ($9.4) ($3.0) $2.2 ($0.1) n/a $3.3 4.7 2.0
RT96 Piedmont $1.1 $98.1 n/a $1.4
Non NEC Special Trains ($0.7) $0.9 $0.7 $1.4 n/a ($0.1)
Total $63.6 n/a $98.1
$1.7 $3.5 $1.4

$4.6 $12.6 $1.3

$0.9 ($1.1) $0.4

$0.7 $0.6 $0.3

$0.1 $0.0 $0.1

$10.3 $4.2 $0.7

($2.3) $0.5 $0.1

($11.5) ($1.2) ($0.2)

$5.8 $7.9 $0.1

($0.4) ($1.3) $0.4

($0.5) $1.5 $0.2

($0.6) ($0.5) $0.1

$1.9 $2.8 $0.5

$0.1 $1.2 $0.2

$0.5 ($0.1) $0.1

$19.1 $82.7 $15.4

Long Distance Trains Total Costs excl. Contribution / Contribution / Fully Fully Allocated Fully Allocated
(Loss) before Allocated Contribution / Contribution /
OPEB's, APT Asset (Loss) excl. Contribution / (Loss) per Pass (Loss) per Seat Mile
APT Asset
Route Total Allocation and IG OPEB's, APT Asset OPEB's & Allocation APT Asset (Loss) Mile (cents) (cents)
Number Allocation* $11.8 5.7 3.9
RT16 Train Name Revenue Costs Allocation & IG IG $11.8 $2.6 4.1 4.1
RT18 Silver Star $2.6 n/a $13.1 5.2 3.3
RT19 Cardinal $3.4 $6.9 $10.2 $1.6 n/a $7.5 (0.8) 1.7
RT25 Silver Meteor $13.1 n/a ($0.5) (0.8) (0.0)
RT26 Empire Builder $0.1 $2.0 $2.1 $0.4 $7.5 n/a $12.6 3.7 2.5
RT27 Capitol Limited ($0.5) n/a $9.3 2.6 2.3
RT28 California Zephyr $1.9 $9.7 $11.6 $1.5 n/a ($0.4) (1.6) (0.3)
RT30 Southwest Chief $12.6 n/a $0.9 (2.3) (0.4)
RT32 City of New Orleans ($12.4) $17.5 $5.1 $2.4 $9.3 n/a $4.5 5.8 2.9
RT33 Texas Eagle ($0.4) n/a $8.8 2.7 2.3
RT34 Sunset Limited ($0.5) ($0.8) ($1.3) $0.8 $0.9 n/a $2.3 0.3 0.7
RT45 Coast Starlight $4.5 n/a $4.4 4.5 2.4
RT48 Lake Shore Limited $0.1 $10.2 $10.3 $2.3 $8.8 n/a $1.6 0.9 0.4
RT52 Palmetto $2.3 n/a $31.4 13.8 10.2
RT63 Crescent $0.3 $6.7 $7.0 $2.3 $4.4 n/a 2.9 2.5
Auto Train $1.6 n/a $109.8
Total ($0.9) ($0.4) ($1.3) $0.9 n/a
$31.4
($2.5) $2.1 ($0.4) $1.3 $109.8

$0.5 $3.0 $3.4 $1.0

($0.0) $6.7 $6.7 $2.1

($0.7) $1.8 $1.1 $1.2

($0.8) $4.6 $3.8 $0.6

$1.4 ($1.6) ($0.2) $1.7

$5.5 $22.8 $28.3 $3.1

($4.6) $91.3 $86.6 $23.2

Total National Train System $157.3 $118.5 $275.9 $50.1 $326.0 n/a $326.0 4.8 2.5

C-3

ORKFORCE TATISTICS