| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 2400 SHS BRIGGS & STRATTON | 3,767 | 31,392 |
| 500 SHS W R BERKLEY | 26,041 | 36,955 |
| 300 SHS ECOLAB | 31,383 | 44,205 |
| 600 SHS EISAI CO LTS | 36,555 | 45,900 |
| 1300 SHS ELEKTA AB | 9,710 | 15,453 |
| 2000 SHS OSSUR HF | 7,833 | 9,509 |
| 270 AMERICAN FINANCIAL | 23,540 | 24,443 |
| 300 SHS MICROSOFT | 19,274 | 30,471 |
| 200 SHS TRAVELERS COS | 23,561 | 23,950 |
| 20000 SHS BEIJING ENTERPRISES | 13,277 | 10,193 |
| 1500 SHS SANTEN PHARMACEUTICAL | 24,535 | 21,685 |
| 3000 SHS PING AN INSURANCE CO | 30,025 | 26,497 |
| 10000 SHS PREDICTIVE CHNOLOGY GROUP | 11,859 | 9,200 |
| 453 SHS DELL TECHNOLOGIES | 20,673 | 22,138 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| 38000 SHS CHINA EVERBRIGHT INTERNATIONAL | AT COST | 45,024 | 34,073 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ALM FOUNDATION ADVERTISING | 100 | 0 | 0 | |
| MISCELLANEOUS FEES | 99 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAXES | 633 | 0 | 0 |