*Pages 1--2 from Microsoft Word - 43943.doc* Appendix C Annual Financial Reports - 2002 & 2003– 0 20 40 60 80 100 1 Annual Financial Report -Acronyms, Terminologies and Explanations- The Commercial Operator License Examinations (COLE) Annual Financial Report provides a composite analysis of the costs incurred by COLE managers in preparing and administering the examinations, as well as the cost to examinees. The “reporting period” for the COLE Annual Financial Report is January 1 through December 31 The Annual Financial Report from each COLE manager must be submitted to the Public Safety and Critical Infrastructure Division of the Federal Communications Commission’s Wireless Telecommunications Bureau. For purposes of this Annual Financial Report, the subheadings are defined as follows: Revenue : The funds, per COLE manager, accumulated during the reporting period. Expenses : The costs, per COLE manager, associated with preparing and administering the examinations reported during the reporting period. Rev- Exp (Revenue minus expenses): generally indicates the amount of profit a COLE manager clears during the reporting period. Amounts shown in this column that appear in parenthesis indicate that the COLE manager operated at a loss during the reporting period due to expenses exceeding revenue. Examinees : Total number of persons examined during the reporting period. All reports should be filed with: Public Safety and Critical Infrastructure Division, FCC, (3 rd Floor), Washington, D. C. 20554 2