TABLE II.C3.-STATEMENT OF OPERATIONS OF THE DI TRUST FUND
                      DURING FISCAL YEAR 1994
                          [In thousands]

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Total assets, September 30, 1993...............                     $10,305,117 

Receipts:
  Contributions:
    Employment taxes...........................     $33,088,320 
    Payments from general fund of the Treasury
      representing employee-employer contri-
      butions on deemed wage credits for
      military service.........................          32,516
                                                    -----------
      Gross contributions......................      33,120,836
    Less payment to the general fund of the
      Treasury for contributions subject to
      refund...................................          79,940
                                                    -----------
      Net contributions........................                      33,040,896 
  Income from taxation of benefit payments:
    Withheld from benefit payments to non-
      resident aliens..........................           3,990
    All other, not subject to withholding......         301,000
                                                    -----------
      Total income from taxation of benefits...                         304,990 
  Investment income and interest adjustments:
    Interest on investments....................         697,549
    Interest on interfund transfers due to
      adjustment in allocation of administra-
      tive expenses............................             975
                                                    -----------
      Total investment income and interest
        adjustments............................                         698,524
                                                                    -----------
Total receipts.................................                      34,044,410

Disbursements:
  Benefit payments:
    Gross benefit payments.....................      36,972,334
    Less collected overpayments................         142,853
    Less net reimbursement from general fund
      for unnegotiated checks..................          11,693
                                                    -----------
      Net benefit payments.....................                      36,817,788
  Transfer to the Railroad Retirement "Social
    Security Equivalent Benefit Account".......                         105,955
  Payment for costs of vocational rehabilita-
    tion services for disabled beneficiaries...                          33,449
  Administrative expenses:
    Department of Health and Human Services....         989,858
    Department of the Treasury.................          28,363
    Demonstration projects and experiments.....           3,785
                                                    -----------
      Gross administrative expenses............       1,022,006 
    Less receipts from sales of supplies,
      materials, etc...........................             134
                                                    -----------
      Net administrative expenses..............                       1,021,872
                                                                    -----------
Total disbursements............................                      37,979,064
                                                                    ===========
Net increase in assets.........................                      -3,934,654
                                                                    ===========
Total assets, September 30, 1994...............                       6,370,463
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Note: Totals do not necessarily equal the sums of rounded components.