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Mecom said that it accrued total operating exceptional charges of €38.3m in 2011.
Total operating expenses, including the restructuring charge, rose 1percentto to $282 million.
Neither federal law nor S.E.C. rules expressly limit the fees that mutual funds charge as part of their annual total operating fees, the G.A.O. said.
However, total operating income fell by a third, from $24m to $16m, thanks in part to $7m in severance charges.
Total operating expenses increased by $30 million to $742 million.
Total operating revenue slipped 6.8percenttoto about $2.4 billion, from $2.53 billion.
Total operating expenses plunged to $321 million from $1.32 billion.
That was about one percent of total operating funds.
Unhedged fuel is 16percentt of our total operating costs.
On a combined basis, total operating revenue declined 23percentt and total unit revenue declined 17percentt.
For total operating expenses for Ithaca of $2.2 billion.
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