| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX PREPARATION AND ACCOUNTING FEES | 3,750 | 1,875 | 0 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| FMC STRATEGIC VALUE FUND | 551,114 | 805,273 |
| 1500 SH BERKSHIRE HATHAWAY CL B | 96,802 | 204,030 |
| 5250 SH BROOKFIELD ASSET MGMT INC | 70,282 | 183,593 |
| 900 SH GRACO INC | 24,300 | 66,060 |
| 700 SH GREIF INC | 32,925 | 22,946 |
| 1300 SH NESTLE SA SPONSORED ADRS | 62,620 | 99,701 |
| 6300 SH OLD REPUBLIC INTL CORP | 72,600 | 113,652 |
| 1300 SH US BANCORP | 32,083 | 54,834 |
| 3 SH BERKSHIRE HATHAWAY CL A | 467,450 | 613,788 |
| 550 SH RAYTHEON CO | 22,112 | 64,570 |
| 3100 SHARES SKF FRUEHER AR SVENSKA | 82,451 | 54,926 |
| 1100 SH CONOCO PHILLIPS | 59,625 | 58,685 |
| 263 SH PENTAIR | 9,484 | 14,707 |
| 1200 SH RECKITT BENCKISER GROUP | 63,401 | 117,557 |
| 1000 SH NOBLE CORP | 20,363 | 13,470 |
| 1900 SH SCIENCE APPLICATIONS INTL CORP | 68,443 | 87,134 |
| 3500 SH GENERAL ELECTRIC CO | 83,816 | 101,220 |
| 1200 INDIVIOR | 1,616 | 3,744 |
| 1000 LYONDELLBASELL INDUSTRIES | 85,253 | 92,910 |
| 2800 MICROSOFT CORP | 117,978 | 147,392 |
| 900 SH OCCIDENTAL PETE CORP | 65,959 | 67,086 |
| 3000 SH PEYTO EXPL & DEV CORP | 85,702 | 61,917 |
| 800 SH UNITED TECHNOLOGIES CORP | 75,371 | 78,728 |
| WELLS FARGO & CO | 62,749 | 64,968 |
| ZIMMER HLDGS INC | 79,497 | 73,199 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT ADVISORY FEES | 14,620 | 14,620 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAX PAID RELATED TO DIVIDENDS | 1,864 | 1,864 | 0 | |
| 990-PF TAX ON INVESTMENT INCOME | 2,207 | 2,207 | 0 |