Consolidated Statements of Earnings In thousands except share data Years ended December 31, 2002 2001 2000 Revenues: Airfreight $ 1,206,057 971,980 1,053,461 Ocean freight and ocean services 728,174 590,684 542,411 Customs brokerage and import services 362,672 320,406 310,854 Total revenues 2,296,903 1,883,070 1,906,726 Operating Expenses: Airfreight consolidation 921,103 717,478 828,033 Ocean freight consolidation 564,060 451,803 427,437 Customs brokerage and import services 129,527 107,253 102,901 Salaries and related costs 359,769 325,545 290,581 Rent and occupancy costs 40,816 36,294 29,253 Depreciation and amortization 22,725 23,544 22,481 Selling and promotion 19,796 20,163 20,231 Other 68,098 54,973 58,285 Total operating expenses 2,125,894 1,737,053 1,779,202 Operating income 171,009 146,017 127,524 38 expd 02 Earnings