NOTES TO FINANCIAL STATEMENTS
June 30, 2000 (Unaudited)
1. ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES
AMR Investment Services Trust (the "Trust") is registered under the Investment Company Act of 1940, as
amended, as a no-load, open-end management investment company which was organized as a trust under the
laws of the State of New York pursuant to a Declaration of Trust dated as of June 27, 1995 and amended on
August 11, 1995. Beneficial interests in the Trust are divided into ten separate series, each having distinct
investment objectives and policies. These financial statements relate to the AMR Investment Services Money
Market Portfolio, the AMR Investment Services U.S. Government Money Market Portfolio and the AMR
Investment Services Municipal Money Market Portfolio (each a "Portfolio" and collectively the "Portfolios"). The
assets of each Portfolio belong only to that Portfolio, and the liabilities of each Portfolio are borne solely by that
Portfolio and no other. The Trust commenced active operations on November 1, 1995.
AMR Investment Services, Inc. (the "Manager") is a wholly-owned subsidiary of AMR Corporation, the parent
company of American Airlines, Inc. ("American"), and was organized in 1986 to provide business management,
advisory, administrative and asset management consulting services.
The following is a summary of the significant accounting policies followed by the Portfolios.
Securities of the Portfolios are valued using the amortized cost method. In the event that a deviation of 1/2 of 1%
or more exists between the $1.00 per share price of the Portfolios, calculated at amortized cost, and the price
per share calculated by reference to market quotations, or if there is any other deviation which the Board believes
would result in a material dilution to shareholders or purchasers, the Board will promptly consider the appropriate
action which should be initiated.
Security Transactions and Investment Income
Security transactions are recorded o