CFR

280.11—Example of calculation and sample report.

(a) Example of calculation. The provisions of this part may be illustrated by the following example:

Company A operates several vessels engaged in carrying cargo, passengers and mail from the west coast of the United States outbound to foreign ports in the Far East, cargo between the foreign ports in the Far East, and cargo from foreign ports in the Far East inbound to the west coast of the United States. Company A's operation on this service is subsidized under an ODS agreement made in accordance with § 280.3. Total annual subsidy payable for Company A's service is $1 million. In 1976 Company A's total gross revenue was $10 million, computed as follows:

Of the $4 million outbound gross freight revenue $1,600,000, or 40 percent, was earned from carriage of competitive cargo. Of the $4 million inbound gross freight revenue $1,200,000, or 30 percent, was earned from carriage of competitive cargo. Accordingly, total ODS payable to Company A for voyages terminated during the calendar year 1976 is reduced by $240,000, from $1 million to $760,000, as follows:

(b) Sample report. Reports providing the information required by §§ 280.7 and 280.9 shall be made in the following form:

MA—819 (company)

	Trade Route No.		Trade Route No.		Trade Route No.
Report of Revenues Earned for ___ 1 Pursuant to 46 CFR Part 280
Form Approval—OMB No. 41.R2954-15
	Dollars	Percent	Dollars	Percent	Dollars	Percent
Outbound freight revenue:
Military and Premium Rated Civilian
Competitive
Total Outbound Freight Revenue		100		100		100
Inbound freight revenue:
Military and premium rated civilian
Competitive
Total inbound freight revenue		100		100		100
Wayport freight revenue
Miscellaneous revenue
Total gross revenue
Code of Federal Regulations 102
1 Enter Calendar Year _ or Cumulative Quarterly Period Ending __ as applicable for the report being filed.

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