| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 3,195 | 1,598 | 1,597 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| BANK UNITED MED TERM NOTE | 19,602 | 25 |
| COMCAST CORP. 7.0% | 7,500 | 7,605 |
| GENERAL MOTORS CORP. 6.25% | 25,000 | 8,350 |
| GENERAL MOTORS CORP. 7.375% | 25,000 | 7,950 |
| GOODYEAR TIRE AND RUBBER | 0 | 0 |
| HILTON HOTELS CORP. BOND | 15,146 | 14,738 |
| NB CAPITAL TRUST II | 0 | 0 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ALTRIA GROUP INC | 8,545 | 9,848 |
| AMERICAN CENTURY GNMA | 19,988 | 20,777 |
| BANK OF AMERICA CORP PFD | 0 | 0 |
| BROADWIND ENERGY | 3,500 | 462 |
| CHEVRON CORP | 29,677 | 36,500 |
| CITIGROUP CAPITAL XIX PRD | 0 | 0 |
| COCA COLA | 22,175 | 32,885 |
| CONOCOPHILLIPS | 13,767 | 20,430 |
| CNO FINANCIAL GROUP | 6,125 | 68 |
| COUNTRYWIDE CAP. V 7.0% PF | 0 | 0 |
| DTE ENERGY TRUST I PF | 10,000 | 10,588 |
| DUKE ENERGY CORP | 10,347 | 17,810 |
| EBAY | 19,500 | 13,915 |
| FIFTH THIRD CAP TR V PFD | 0 | 0 |
| GENERAL ELECTRIC | 9,447 | 5,487 |
| GENERAL MOTORS 7.5 PFD | 25,000 | 7,950 |
| 29,886 | 59,397 | |
| GREAT PLAINS ENERGY INC | 15,795 | 9,695 |
| COMMONWEALTH REIT | 11,749 | 6,378 |
| INTEL CORP | 3,960 | 4,206 |
| MICROSOFT | 25,270 | 27,910 |
| ML CAPITAL TRUST PFD | 0 | 0 |
| NATIONAL CITY CAP PFD | 0 | 0 |
| NEW YORK COMMUNITY BANCORP | 8,100 | 9,425 |
| PHILLIP MORRIS | 9,572 | 11,706 |
| PUBLIC STORAGE PREFFERED | 0 | 0 |
| SPECTRA ENERGY | 7,713 | 12,495 |
| THORNBERG MTG ASSET CORP | 13,820 | 0 |
| VANGUARD FIXED INC. SEC. | 3,172 | 3,470 |
| WALMART | 25,575 | 26,965 |
| WEST. ASSETS EMERG. MKTS 07969 | 0 | 0 |
| WEST. ASSETS EMERG. MKTS OUTSIDE | 3,936 | 4,200 |
| WEST. ASSETS WW 07969 | 0 | 0 |
| WEST. ASSETS WW 47190 | 0 | 0 |
| WG&L HOLDINGS INC. | 9,914 | 10,731 |
| YAHOO | 10,017 | 4,989 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| AMERIGAS PARTNERS LP | AT COST | 5,754 | 19,524 |
| IMPACT ENERGY LLC | AT COST | 13,234 | 13,339 |
| NOTES | AT COST | 5,000 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT FEES | 95 | 95 | 0 | |
| MISCELLANEOUS | 11 | 11 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| AMERIGAS K-1-ORD BUS INCOME | -37 | -37 | -37 |
| IMPACT ENERGY K-1 ORD BUSINESS INCOME | 1,148 | 1,148 | 1,148 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL INCOME TAXES PAID | 314 | 0 | 0 |