| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX PREPARATION AND ACCOUNTING FEES | 3,850 | 1,925 | 0 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| FMC STRATEGIC VALUE FUND | 555,413 | 758,411 |
| 1500 SH BERKSHIRE HATHAWAY CL B | 96,802 | 216,450 |
| 5250 SH BROOKFIELD ASSET MGMT INC | 68,037 | 183,855 |
| 900 SH GRACO INC | 24,300 | 67,410 |
| 700 SH GREIF INC | 0 | 0 |
| 1300 SH NESTLE SA SPONSORED ADRS | 62,620 | 94,439 |
| 6300 SH OLD REPUBLIC INTL CORP | 72,600 | 106,218 |
| 1300 SH US BANCORP | 32,083 | 58,188 |
| 3 SH BERKSHIRE HATHAWAY CL A | 548,500 | 647,100 |
| 550 SH RAYTHEON CO | 0 | 0 |
| 3100 SHARES SKF FRUEHER AR SVENSKA | 82,451 | 52,621 |
| 1100 SH CONOCO PHILLIPS | 0 | 0 |
| 263 SH PENTAIR | 9,484 | 14,499 |
| 1200 SH RECKITT BENCKISER GROUP | 63,401 | 107,124 |
| 1000 SH NOBLE CORP | 0 | 0 |
| 1900 SH SCIENCE APPLICATIONS INTL CORP | 0 | 0 |
| 3500 SH GENERAL ELECTRIC CO | 83,816 | 101,850 |
| 1200 INDIVIOR | 0 | 0 |
| 1600 LYONDELLBASELL INDUSTRIES | 133,025 | 127,280 |
| 2800 MICROSOFT CORP | 117,978 | 167,776 |
| 900 SH OCCIDENTAL PETE CORP | 65,850 | 65,619 |
| 3000 SH PEYTO EXPL & DEV CORP | 85,702 | 77,143 |
| 400 SH UNITED TECHNOLOGIES CORP | 37,685 | 40,880 |
| 1200 SH WELLS FARGO & CO | 62,749 | 55,212 |
| 700 SH ZIMMER HLDGS INC | 79,497 | 73,780 |
| 800 SH ANHEUSER BUSCH | 95,078 | 92,392 |
| 1400 SH APPLE INC | 133,301 | 158,956 |
| 8 SH CALIFORNIA RES CORP | 104 | 82 |
| 9400 SH EXTENDED STAY AMER INC | 134,353 | 134,420 |
| 3300 SH PFIZER INC | 105,880 | 104,643 |
| 1900 SH TANGER FACTORY OUTLET CENTERS INC | 67,664 | 66,120 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT ADVISORY FEES | 15,670 | 15,670 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAX PAID RELATED TO DIVIDENDS | 2,686 | 2,686 | 0 |