Table 2
Trusteed pension funds: Revenue and expenditures

Trusteed pension funds: Revenue and expenditures
	Third quarter 2012^p	Fourth quarter 2012^p	Third quarter to fourth quarter 2012
	millions of dollars	millions of dollars	% change
Total revenue	30,998	36,138	16.6
Revenue from contributions	11,903	15,898	33.6
Investment income	7,887	10,945	38.8
Net profit on sale of securities	10,667	8,371	-21.5
Miscellaneous revenue	327	588	79.8
Revenue, funds under $10 million	215	337	56.7
Total expenditures	14,579	16,081	10.3
Pension payments out of funds	11,209	11,770	5.0
Cost of pensions purchased	82	163	98.8
Cash withdrawals	1,585	2,038	28.6
Administration costs	1,004	1,169	16.4
Net loss on sale of securities	333	309	-7.2
Other expenditures	290	545	87.9
Expenditures, funds under $10 million	75	87	16.0
Net income	16,419	20,057	22.2

preliminary

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