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# 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: 1949 and 1948.

| 1949 |  | 1948 |  | Change $ |  | Change %
Revenues: |  |  |  |  |  |  |
Sales: | 1990.557 |  | 1032.787 |  | 957.770 |  | 92.736
Costs and expenses: |  |  |  |  |  |  |
Cost of Sales: | 1458.904 |  | 858.747 |  | 600.157 |  | 69.888
General and Administrative: | 77.699 |  | 66.314 |  | 11.385 |  | 17.169
Cost of Labor: | 85.808 |  | 79.663 |  | 6.145 |  | 7.713
Cost of Marketing: | 65.748 |  | 49.404 |  | 16.344 |  | 33.083
Cost of Racing: | 3.761 |  | 5.534 |  | -1.773 |  | -32.039
Net Expense: | 2065.745 |  | 1524.526 |  | 541.218 |  | 35.501
Operating Profit: | -75.187 |  | -491.739 |  | 416.552 |  | -115.290
Taxes | 8.626 |  | 0.000 |  | 8.626 |  | 86258702.414
Net Income: | -83.813 |  | -491.739 |  | 407.926 |  | -117.044

Vehicle Name | Produced | Sold | Income | Inventory
--- | --- | --- | --- | ---
Vehicle Name | Produced | Sold | Income | Inventory
1930 Philadelphia Motors Black Mamba | 2 | 2 | 0 | 0
1935 Philadelphia Motors Copperhead | 305 | 305 | 488,000 | 0
1937 Philadelphia Motors Quaker Diesel | 3,010 | 3,010 | 2,979,900 | 0
1936 Philadelphia Motors Amalfi | 7,889 | 7,889 | 7,889,000 | 0
1937 Philadelphia Motors Arrow | 321 | 321 | 423,720 | 0
1937 Philadelphia Motors Pennsylvania Sport | 5,132 | 5,132 | 7,281,680 | 0
1937 Philadelphia Motors Appalachian Diesel | 93 | 93 | 88,350 | 0
1939 Donut Khepri | 9,311 | 9,311 | 12,907,760 | 0
1946 Philadelphia Motors Eagle | 4,980 | 4,980 | 3,909,300 | 0
1946 Philadelphia Motors Lackawanna | 8,414 | 8,414 | 8,077,440 | 0
1947 Philadelphia Motors Chimaera | 41,864 | 41,864 | 38,692,400 | 0
1946 Donut Apple Fritter | 1,672 | 1,672 | 1,454,640 | 0
1946 Gordon-Brull Cure | 417 | 417 | 642,180 | 0
1946 Philadelphia Motors Continental | 11,782 | 11,782 | 32,134,560 | 0
1946 Philadelphia Motors Senator | 3,406 | 3,406 | 28,569,200 | 0
1946 Philadelphia Motors Erie | 1,055 | 1,055 | 1,661,625 | 0
1946 Philadelphia Motors Altoona | 15,465 | 15,465 | 38,688,000 | 0
1946 Philadelphia Motors Scranton | 10,574 | 10,574 | 39,007,510 | 0
1946 Philadelphia Motors Amalfi | 22,036 | 22,036 | 22,357,860 | 0
1946 Philadelphia Motors Ninja | 18,178 | 18,178 | 17,716,710 | 0
1946 Philadelphia Motors Valley Forge | 5,684 | 5,684 | 4,944,650 | 0
1946 Philadelphia Motors Washington | 12,231 | 12,231 | 26,033,090 | 0
1946 Donut Glaze | 16,185 | 16,185 | 14,442,668 | 0
1946 Philadelphia Motors Zenith | 3,030 | 3,030 | 3,154,520 | 0
1946 Philadelphia Motors Cairo | 2,593 | 2,593 | 2,074,400 | 0
1946 Philadelphia Motors Cairo Diesel | 515 | 515 | 417,150 | 0
1946 Philadelphia Motors Magician | 14,017 | 14,017 | 15,477,930 | 0
1946 Philadelphia Motors Sunflower | 14,557 | 14,557 | 19,809,875 | 0
1946 Donut Shop | 1,101 | 1,101 | 1,056,960 | 0
1946 Philadelphia Motors Phillie | 43 | 43 | 34,830 | 0
1946 Philadelphia Motors Quaker | 42,608 | 42,608 | 38,512,160 | 0
1946 Philadelphia Motors Quaker Diesel | 5,888 | 5,888 | 5,099,360 | 0
1946 Philadelphia Motors Arrow | 4,678 | 4,678 | 7,614,620 | 0
1946 Philadelphia Motors Black Mamba | 12,422 | 12,422 | 59,660,650 | 0
1946 Philadelphia Motors Cobra | 32,917 | 32,917 | 70,145,700 | 0
1946 Philadelphia Motors Pennsylvania | 11,825 | 11,825 | 10,889,220 | 0
1946 Philadelphia Motors Pennsylvania XT | 12,635 | 12,635 | 12,403,170 | 0
1946 Philadelphia Motors Appalachian | 6,241 | 6,241 | 5,055,210 | 0
1946 Philadelphia Motors Appalachian Diesel | 822 | 822 | 628,830 | 0
1947 Philadelphia Motors Mouse | 1,676 | 1,676 | 854,760 | 0
1947 Gordon-Brull Wind | 338 | 338 | 598,260 | 0
1947 Gordon-Brull L8686 | 4,841 | 4,841 | 7,724,300 | 0
1948 Philadelphia Motors Lackawanna | 10,244 | 10,244 | 23,300,360 | 0
1948 Donut Allegheny | 22,122 | 22,122 | 32,542,470 | 0
1948 Philadelphia Motors Cairo | 7,679 | 7,679 | 11,928,660 | 0
1948 Philadelphia Motors Giza | 1,337 | 1,337 | 3,394,580 | 0
1948 Philadelphia Motors Magician | 41,500 | 41,500 | 82,700,440 | 0
1949 Gordon-Brull Mage | 16,205 | 16,205 | 65,305,090 | 0
1948 Donut Spell | 56,921 | 56,921 | 81,785,860 | 0
1948 Philadelphia Motors Sunflower | 33,584 | 33,584 | 73,966,670 | 0
1948 Donut Lavendar | 47,517 | 47,517 | 74,748,510 | 0
1949 Gordon-Brull Redwood | 16,653 | 16,653 | 62,628,420 | 0
1949 Donut Shop | 19 | 19 | 34,200 | 0
1948 Gordon-Brull Corsican | 3,772 | 3,772 | 7,799,000 | 0
1949 Philadelphia Motors Scranton | 2,849 | 2,849 | 19,183,860 | 0
1949 Philadelphia Motors Altoona | 14,715 | 14,715 | 45,911,960 | 0
1949 Philadelphia Motors Erie | 18,174 | 18,174 | 43,549,800 | 0
1948 Donut Wilkes-Barre | 31,052 | 31,052 | 46,892,695 | 0
1949 Philadelphia Motors Altoona Diesel | 3,916 | 3,916 | 11,897,200 | 0
1949 Donut Apple Fritter | 2,265 | 2,265 | 4,376,450 | 0
1949 Gordon-Brull Senator | 512 | 512 | 6,758,400 | 0
1949 Philadelphia Motors Continental | 7,169 | 7,169 | 30,942,000 | 0
1949 Philadelphia Motors Praetor | 12,102 | 12,102 | 37,420,110 | 0
1948 Philadelphia Motors Baron | 24,957 | 24,957 | 43,404,200 | 0
1948 Philadelphia Motors Gray Squirrel | 3,323 | 3,323 | 5,050,490 | 0
1949 Philadelphia Motors Tidewater | 1,228 | 1,228 | 2,049,300 | 0
1949 Philadelphia Motors Phillie | 616 | 616 | 1,083,200 | 0
1949 Philadelphia Motors Quaker | 40,705 | 40,705 | 59,411,450 | 0
1949 Philadelphia Motors Boone | 4,034 | 4,034 | 9,119,500 | 0
1948 Philadelphia Motors Amalfi | 45,424 | 45,424 | 84,258,600 | 0
1948 Philadelphia Motors Ninja | 29,524 | 29,524 | 54,910,500 | 0
1948 Donut Berliner | 26,263 | 26,263 | 32,111,830 | 0
1949 Philadelphia Motors Eagle | 18,610 | 18,610 | 29,294,040 | 0
1949 Philadelphia Motors Independence | 11,359 | 11,359 | 26,334,850 | 0
1949 Gordon-Brull WolfHound | 8,131 | 8,131 | 26,884,530 | 0
1949 Gordon-Brull Republique | 3,454 | 3,454 | 16,854,600 | 0
1949 Philadelphia Motors Arrow | 5,863 | 5,863 | 14,923,200 | 0
1949 Philadelphia Motors Zenith | 5,875 | 5,875 | 12,384,870 | 0
1949 Donut Glaze | 12,643 | 12,643 | 17,060,100 | 0
1949 Philadelphia Motors Valley Forge | 9,367 | 9,367 | 17,493,300 | 0
1949 Philadelphia Motors Washington | 2,209 | 2,209 | 7,964,100 | 0
1949 Philadelphia Motors Appalachian | 9,934 | 9,934 | 16,915,440 | 0
1949 Philadelphia Motors Adirondack | 1,377 | 1,377 | 3,367,150 | 0
1949 Philadelphia Motors Black Mamba | 3,253 | 3,253 | 27,761,000 | 0
1949 Philadelphia Motors Cobra | 15,457 | 15,457 | 50,064,000 | 0
1949 Philadelphia Motors Boomslang | 26,016 | 26,016 | 67,968,720 | 0
1949 Philadelphia Motors Inland Taipan | 1,784 | 1,784 | 24,725,800 | 0
1949 Philadelphia Motors Chimaera | 1,985 | 1,985 | 4,371,450 | 0
1949 Philadelphia Motors Gryffon | 7,071 | 7,071 | 11,943,630 | 0
1949 Philadelphia Motors Pennsylvania | 9,501 | 9,501 | 18,115,095 | 0
1949 Philadelphia Motors Pennsylvania XT | 7,752 | 7,752 | 19,941,000 | 0
1949 Donut Maryland | 19,376 | 19,376 | 27,956,240 | 0
1949 Donut Shop Petrol | 119 | 119 | 201,110 | 0

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