City Sales Vehicle Sales District Sales
Revenue Summary Licensing Revenues Contract Revenues Stock Holdings Dividends Revenues
Expense Summary Factory Branch Racing Marketing Marketing Efficiency Employee Breakdown Pension Payments Warranties And Parts Total Delivery Cost Outsourced Contracts
Monthly Report Quarterly Annual
Body/Fuel Type Demand Labor Skills Prestige/Image Vehicle Class Market Share Company Directory Top 50 All-Time Vehicle Sales Top 50 12 Months Vehicle Sales Market Cap Table
All-Time Market Share Recent World Market Share Monthly Revenues, Expenses, and Cash Flow Yearly Profits/Losses Vehicle Sales Charts Networth

# Results of Operations

The following tables included throughout Results of Operations set forth in millions the Company's consolidated result of operations for the years: 1904 and 1903.

| 1904 |  | 1903 |  | Change $ |  | Change %
Revenues: |  |  |  |  |  |  |
Sales: | 3.846 |  | 2.867 |  | 0.979 |  | 34.150
Costs and expenses: |  |  |  |  |  |  |
Cost of Sales: | 1.908 |  | 1.657 |  | 0.250 |  | 15.105
General and Administrative: | 0.100 |  | 0.096 |  | 0.003 |  | 3.594
Cost of Labor: | 0.193 |  | 0.168 |  | 0.026 |  | 15.208
Cost of Marketing: | 0.000 |  | 0.000 |  | 0.000 |  | -100.000
Cost of Racing: | 0.000 |  | 0.000 |  | 0.000 |  | -100.000
Net Expense: | 3.683 |  | 2.718 |  | 0.964 |  | 35.477
Operating Profit: | 0.163 |  | 0.148 |  | 0.015 |  | 9.820
Taxes | 0.050 |  | 0.033 |  | 0.017 |  | 50.588
Net Income: | 0.113 |  | 0.115 |  | -0.002 |  | -1.935

Vehicle Name | Produced | Sold | Income | Inventory
--- | --- | --- | --- | ---
Vehicle Name | Produced | Sold | Income | Inventory
1901 Philadelphia Motors Phillie | 450 | 450 | 1,290,000 | 0
1900 Philadelphia Motors Athletic | 1,170 | 1,127 | 2,186,100 | 47
1904 Philadelphia Motors Phillie | 200 | 200 | 590,000 | 0
1904 Philadelphia Motors Eagle | 0 | 0 | 0 | 0

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