| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 2,228 | 2,228 | 2,228 | 1,114 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| IRRIGATION WELL | 2003-03-07 | 40,582 | 40,582 | S/L | 10.0000 | ||||
| 7 TOWER PIVOT SYSTEM | 2003-04-15 | 35,252 | 35,252 | S/L | 10.0000 | ||||
| IRRIGATION WELL | 2004-07-08 | 6,997 | 6,997 | S/L | 10.0000 | ||||
| IRRIGATION PUMP & MOTOR | 2005-04-12 | 11,030 | 9,927 | S/L | 10.0000 | 1,103 | 1,103 | 1,103 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| DISNEY WALT CO MTNS | 181,486 | 167,589 |
| GENERAL ELEC CAP CORP 5.5% 1/8/20 | 235,958 | 246,085 |
| GLAXOSMITH KLINE 5.65% | 121,557 | 112,652 |
| LOWES COMPANIES INC 6.10% | 182,490 | 168,224 |
| MORGAN STANLEY 7.30% 5/13/19 | 111,482 | 118,615 |
| ORACLE CORPORATION 5.0% | 204,619 | 196,220 |
| SIMON PPTY GROUP LP 5.25% | 113,585 | 106,047 |
| UNITED PARCEL SERVICE 5.125% | 168,933 | 168,525 |
| WALMART STORES |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| AMERICAN CAMPUS COMMUNITIES | 137,863 | 161,718 |
| APPLE COMPUTER INC | 151,716 | 272,749 |
| AT&T INCORPORATED | 127,026 | 147,091 |
| BLACKROCK INC | 56,448 | 126,934 |
| CALIFORNIA RESOURCES INC | 5,922 | 3,681 |
| CHEVRON CORPORATION | 122,130 | 163,671 |
| CISCO SYSTEMS | 149,007 | 195,623 |
| COACH INC | 128,421 | 116,436 |
| COCA COLA INC | 113,617 | 159,971 |
| CULLEN FROST BANKERS INC | 102,285 | 149,615 |
| DUPONT E I DE NEMOURS | 84,917 | 161,041 |
| EATON CORP | 144,841 | 177,036 |
| GENERAL ELECTRIC CORP | 158,718 | 154,577 |
| GENERAL MILLS | 88,271 | 119,992 |
| GENERAL MOTORS INC | 91,990 | 106,894 |
| INTEL CORP | 130,853 | 221,913 |
| JOHNSON & JOHNSON INC | 115,402 | 194,186 |
| JPMORGAN CHASE | 141,641 | 201,320 |
| KINDER MORGAN INC | 144,502 | 179,141 |
| KLA-TENCOR CORP | 90,126 | 136,140 |
| KRAFT FOODS INC | 97,256 | 143,993 |
| LOCKHEED MARTIN CORP | 85,885 | 196,036 |
| MCDONALDS CORP | 112,405 | 150,857 |
| MERCK & CO | 109,722 | 146,234 |
| METLIFE INC | 152,507 | 158,267 |
| MICROSOFT CORP | 127,641 | 221,288 |
| NOVARTIS AG | 120,364 | 214,415 |
| OCCIDENTAL PETROLEUM | 140,961 | 134,780 |
| PAYCHEX INC | 83,138 | 128,168 |
| PEPSICO INC | 107,745 | 158,861 |
| PNC FINANCIAL SERVICES | 124,100 | 194,137 |
| PPL CORPORATION | 59,411 | 73,278 |
| PROCTOR & GAMBLE | 103,472 | 147,748 |
| QUALCOMM INC | 136,420 | 139,666 |
| TEVA PHARMACEUTICAL | 143,994 | 214,225 |
| TOTAL SPONSORED ADR | 151,651 | 139,469 |
| UNITED PARCEL SERVICE INC | 119,854 | 194,770 |
| KIMBERLY CLARK | ||
| BANK HAWAII CORP | ||
| MATTELL INC | ||
| APPLIED MATERIALS | ||
| DARDEN RESTAURANTS | ||
| EATON CORP | ||
| ONEIK INC |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| DODGE & COX INCOME FD | AT COST | 214,442 | 213,623 |
| PIMCO TOTAL RETURN FD | |||
| VANGUARD I/T INV GR FD-ADM | AT COST | 220,535 | 214,241 |
| VANGUARD S/T INV GR FD-ADM | AT COST | 215,261 | 212,832 |
| VANGUARD TOTAL BOND MARKET | AT COST | 214,700 | 215,493 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| FARMLAND INPROVEMENTS | 93,861 | 93,861 | ||
| 2326 ACRES DAWSON COUNTY | 1,236,778 | 1,236,778 | 1,468,766 | |
| 744 ACRES GAINES COUNTY | 177,500 | 177,500 | 200,100 | |
| 1/8 UI WICHITA COUNTY | 13,130 | 13,130 | 2,491 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 2,062 | 2,062 | 2,062 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| OIL & GAS MINERAL INTERESTS | 81,024 | 68,170 | 391,130 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| AGRICULTURE RENTS | ||||
| LANDLORD PRODUCTION COSTS | 54,854 | 54,854 | 54,854 | |
| OIL & GAS ROYALTIES | ||||
| OPERATING CHARGES | 1,258 | 1,258 | 1,258 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL EXCISE TAX | 21,526 | 21,526 | 21,526 | |
| FOREIGN TAX ON INVESTMENTS | 6,493 | 6,493 | 6,493 | |
| OIL & GAS ROYALTIES | 6,726 |