| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 1,000 | 0 | 0 | 0 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| AT & T | 22,893 | 15,340 |
| ALTRIA GROUP | 7,754 | 28,266 |
| BANK OF AMERICA | 11,920 | 30,200 |
| LUMENT TECHNOLOGIES | 27,182 | 13,010 |
| DOW INC | 29,692 | 21,965 |
| MICROSOFT CORP | 10,745 | 11,645 |
| PHILIP MORRIS | 13,784 | 41,505 |
| THE MOSAIC CO | 10,116 | 7,249 |
| VERIZON COMMUNICATIONS | 12,348 | 9,493 |
| VODAPHONE GROUP | 30,315 | 6,798 |
| WARNER BROTHERS | 7,003 | 2,772 |
| WILLIAMS COMPANY | 29,976 | 22,904 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| WARRANTS- OCCIDENTAL PETROLEUM | 9,905 |
| Description | Amount |
|---|---|
| DECREASE | 915 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OFFICE EXPENSE | 18 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX | 366 |