| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 537 | 0 | 537 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| INTESTMENTS - PARTNERSHIPS | AT COST | 12,537,808 | 12,537,808 |
| UBS 9382 | FMV | 25,720,121 | 26,795,404 |
| UBS 3914 | FMV | 933,757 | 937,112 |
| US TRUST 9190 | FMV | 25,054,585 | 21,963,828 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL | 335 | 0 | 335 |
| Description | Amount |
|---|---|
| PRIOR PERIOD ADJUSTMENT | 1,823,578 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FILING FEE | 799 | 799 | 0 | |
| SWITCH - NONDEDUCTIBLE EXPENSE | 3,640 | 0 | 0 | |
| SWITCH - CHARITABLE CONTRIBUTIONS | 206 | 0 | 206 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| SWITCH | -57,907 | -57,907 | -57,907 |
| THE VARDE EUROPE FUND LP | 397,895 | 397,895 | 397,895 |
| VARDE INVESTMENT PARTNERS LTD | 375,171 | 375,171 | 375,171 |
| MISCELLANEOUS INCOME | 1,061 | 1,061 | 1,061 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROFESSIONAL FEES | 99 | 99 | 0 | |
| MANAGEMENT FEE - UBS 03914 | 3,772 | 3,772 | 0 | |
| MANAGEMENT FEE - US TRUST 9190 | 28,800 | 28,800 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAX | 271 | 271 | 0 | |
| FEDERAL INCOME TAX | 27,980 | 27,980 | 0 |