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-80- SMITHSONIAN INSTITUTION Financial Summary ($1,000's) SI PRESS and EXPOSITION BOOKS [[table, 6 columns]] [[underlined]] | FY 1979 Actual | FY 1980 Budget | FY 1980 Projection | FY 1981 Budget | FY 1982 Estimate SI PRESS [[/underlined]] Gross Revenue | 1,982 | 1,179 | 1,940 | 1,712 | 1,071 Less: Cost of Sales/Returns | [[underlined]] (751) | (472) | (930) | (1,021) | (645) [[/underlined]] Gross Profit | 1,231 | 707 | 1,010 | 691 | 426 Less: Production Costs | (527) | (197) | (325) | (205) | (130) Operating Costs | [[underlined]] (412) | (270) | (345) | (253) | (306) [[/underlined]] Total Expense | [[underlined]] (939) | (467) | (670) | (458) | (436) [[/underlined]] Net Gain/(Loss) | [[double-underlined]] 292 | 240 | 340 | 233 | (10) [[/double-underlined]] Inventory @ Cost | 672 | | 783* Fulltime Staff (Trust) | 3 | 6 | 6 | 6 | 7 Federal Appropriation | 774 | 828 | 828 | 887 | 900 [[underlined]] EXPOSITION BOOKS [[/underlined]] Gross Revenue | 3,877 | 4,605 | 3,600 | 4,027 | 3,956 Less: Cost of Sales/Returns | [[underlined]] (1,364) | (1,626) | (1,525) | (1,516) | (1,489) [[/underlined]] Gross Profit | 2,513 | 2,979 | 2,075 | 2,511 | 2,467 Less: Production Costs | (946) | (1,488) | (1,300) | (1,626) | (1,597) Operating Costs | [[underlined]] (531) | (776) | (525) | (778) | (630) [[/underlined]] Total Expense | [[underlined]] (1,477) | (2,264) | (1,825) | (2,404) | (2,227) [[/underlined]] Net Gain/(Loss) | [[double-underlined]] 1,036 | 715 | 250 | 107 | 240 [[/double-underlined]] Inventory @ Cost | 954 | | 675* Fulltime Staff (Trust) | 15 | 15 | 15 | 15 | 15 *as of 6/30/80 [[/table]]