| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROFESSIONAL FEES | 15,459 | 0 | 15,459 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 425 SHS TIME WARNER INC | 13,365 | 13,672 |
| 200 SHS ALLIANT TECHSYSTEMS INC | 0 | 0 |
| 150 SHS BARD (C R) INC | 12,058 | 13,765 |
| 650 SHS CISCO SYSTEMS INC | 18,976 | 13,149 |
| 300 SHS KELLOGG CO | 15,687 | 15,324 |
| 300 SHS LIBERTY GLOBAL INC C | 0 | 0 |
| 150 SHS MCDONALDS CORP | 7,283 | 11,514 |
| 670 SHS ORACLE CORP | 0 | 0 |
| 230 SHS PEPSICO INC | 15,292 | 15,026 |
| 200 SHS PROCTER & GAMBLE | 12,610 | 12,866 |
| 300 SHS SCOTTS MIRACLE GRO CO A | 0 | 0 |
| 180 SHS AGNICO EAGLE MINES LTD | 7,646 | 13,806 |
| 350 SHS TEVA PHARMACEUTICAL | 17,603 | 18,245 |
| 95 SHS FIRST SOLAR INC | 14,082 | 12,363 |
| 450 SHS JPMORGAN CHASE & CO | 19,479 | 19,089 |
| 400 SHS MICROSOFT CORPORATION | 10,212 | 11,164 |
| 400 SHS NATIONAL OILWELL VARCO INC | 15,432 | 26,900 |
| 475 SHS US BANCORP | 11,771 | 12,811 |
| 300 SHS URS CORP | 13,400 | 12,483 |
| 115 SHS ABBOTT LABORATORIES | 5,264 | 5,510 |
| 800 SHS AECOM TECHNOLOGY | 21,712 | 22,376 |
| 450 SHS ALBERTO CULVER | 10,870 | 16,668 |
| 225 SHS AMERICAN ELECTRIC POWER | 6,709 | 8,096 |
| 300 SHS BANK OF NEW YORK MELLON | 8,482 | 9,060 |
| 425 SHS BRISTOL MYERS SQUIBB | 0 | 0 |
| 240 SHS COMMSCOPE INC | 0 | 0 |
| 185 SHS CONOCOPHILLIPS | 10,397 | 12,599 |
| 610 SHS CORNING INC | 11,286 | 11,784 |
| 80 SHS DEVON ENERGY | 4,812 | 6,281 |
| 140 SHS EOG RESOURCES INC | 0 | 0 |
| 225 SHS EXXON MOBIL CORP | 0 | 0 |
| 200 SHS FIRSTENERGY CORP | 7,938 | 7,404 |
| 20 SHS GOOGLE INC CL A | 0 | 0 |
| 275 SHS HOME DEPOT INC | 0 | 0 |
| 300 SHS KROGER CO | 0 | 0 |
| 383 SHS MARRIOTT INTERNATIONAL | 0 | 0 |
| 110 SHS MONSANTO CO | 0 | 0 |
| 430 SHS MORGAN STANLEY | 11,545 | 11,700 |
| 285 SHS PETSMART INC | 0 | 0 |
| 60 PLAINS ALL AMERICAN PIPELINE | 2,875 | 3,767 |
| 125 SHS SPDR GOLD TRUST | 11,031 | 17,340 |
| 220 SHS SOUTHERN CO | 7,003 | 8,411 |
| 465 SHS SUNPOWER CORP | 0 | 0 |
| 345 TEREX CORP NEW | 4,478 | 10,709 |
| 250 SHS TRAVELERS COS | 0 | 0 |
| 265 SHS UNION PACIFIC CORP | 17,752 | 24,555 |
| 600 SHS ABB LTD ADR | 11,149 | 13,470 |
| 120 SHS SCHULMBERGER LTD | 0 | 0 |
| 798 SHS TAIWAN SEMICONDUCTOR MFG CO | 7,303 | 10,007 |
| 1,484 SHS ACTIVISION BLIZZARD | 18,573 | 18,461 |
| 35 SHS APPLE INC | 8,482 | 11,290 |
| 240 SHS CHEVRON CORP | 18,671 | 21,900 |
| 175 SHS DOLBY LABORATORIES | 9,626 | 11,673 |
| 300 SHS GILEAD SCIENCES INC | 11,313 | 10,872 |
| 600 SHS HUDSON CITY BANCORP | 7,778 | 7,644 |
| 350 SHS KRAFT FOODS INC A | 10,385 | 11,028 |
| 350 SHS LIBERTY GLOBAL INC C | 11,258 | 11,861 |
| 185 SHS LIBERTY MEDIA STARZ SER A | 10,017 | 12,299 |
| 500 SHS MACY'S INC | 10,373 | 12,650 |
| 175 SHS NEWMONT MINING CORP | 10,483 | 10,750 |
| 704 SHS NUANCE COMMUNICATIONS INC | 11,484 | 12,799 |
| 650 SHS PETROHAWK ENERGY CORP | 11,645 | 11,863 |
| 150 SHS TRACTOR SUPPLY COMPANY | 4,420 | 7,274 |
| 250 SHS TECH RESOURCES LIMITED | 10,298 | 15,457 |
| 192 SHS TIME WARNER INC | 14,220 | 3,431 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| 100,000 AUSTRALIAN GOVT | FMV | 95,971 | 101,857 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| KERR, RUSSELL | 1,689 | 0 | 1,689 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK CHARGES | 35 | 0 | 35 | |
| INSURANCE | 18,272 | 0 | 18,272 | |
| OFFICE EXPENSES | 196 | 0 | 196 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| INCOME FROM K-1 | -280 | -280 |
| Description | Amount |
|---|---|
| 1099 TIMING DIFFERENCES | 1,727 |
| K-1 PLAINS ALL AMERICAN PIPELIN | 280 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVERNESS COUNSEL FEES | 9,447 | 9,447 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 105 | 105 | 0 |