| Description of Property | Date Acquired | Cost or Other Basis | Prior Years' Depreciation | Computation Method | Rate / Life (# of years) |
Current Year's Depreciation Expense | Net Investment Income | Adjusted Net Income | Cost of Goods Sold Not Included |
|---|
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| AT&T, INC | 9,800 | 13,436 |
| BRISTOL-MYERS SQUIBB CO | 42,110 | 118,060 |
| CISCO SYSTEMS INC | 15,878 | 27,820 |
| CYPRESS SEMICONDUCTR | 9,400 | 14,280 |
| DENBURY RESOURCES INC | 24,000 | 16,260 |
| EXCO RESOURCES INC | 10,200 | 4,340 |
| GABELLI GLOBAL GOLD, NATURAL R | 27,792 | 17,500 |
| GENERAL ELECTRIC CO | 34,000 | 50,540 |
| HELMERICH PAYNE | 13,200 | 13,484 |
| INTERSIL CORPORATION | 24,600 | 43,410 |
| ITRON INC | 11,500 | 12,687 |
| MARKEL CORP | 177,050 | 273,136 |
| NEWMONT MINING CORP | 40,510 | 22,680 |
| OTTER TAIL CORP | 7,840 | 12,384 |
| STMICROELECTRONICS | 24,930 | 22,410 |
| VSE CORPORATION | 168,229 | 382,220 |
| XILINX INC. | 19,600 | 21,645 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Administrative Fees | 7,500 | 7,500 | ||
| State or Local Filing Fees | 25 | 25 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 990-PF Estimated Tax for 2014 | 400 | |||
| 990-PF Excise Tax for 2013 | 13 |