# EXHIBIT 43



ECONOMIC DEVELOPMENT COMMISSION ANNUAL REPORT

Fiscal/Calendar Year Ending

December 31, 2006



| **Company Name:** | Financial Trust Company, Inc. |  |
| ------------------------------------------------------------------------------------- | ------------------------------- | ------------ |
| Gross Sales (Ineligible Sales) & Eligible for Tax Benefits ... | ( \$ - ) | 26749299 ✓ |
| Other Income (Ineligible) & Eligible for Tax Benefits | ( \$ - ) | 51064302 ✓ |
| Gross Wages Paid in the V.I. (Include vacation & sick pay, bonuses, overtime, etc.) | \$ | 750035 ✓ |
| Average No. of Employees; Full Time & (Part Time/Other)... | 11 |  |
| Average No. of Residents; Full Time & (Part Time/Other)... | 11 |  |
| Average No. of Non-Residents; Full Time & (Part Time/Other)... |  |  |
| Other Employee Costs (Unemployment & health insurance, pension, allowance, etc.) | \$ | 216796 |
| Employee Income Taxes Paid and Withheld | \$ | 212272 |

TAXES AND DUTIES (Provide dollar amount paid, and value of exemption/refund for each tax)

| **Gross Receipts:** | Amount Paid | \$ |
| -------------------------------------------------- | ------------------------------------------ | --------------- |
|  | Dollar Value of Exemption | 1069972 |
| **Real Property Tax:** | Amount Paid | \$ |
|  | Dollar Value of Exemption | \$ |
| **Excise Taxes:** | Total Paid | \$ |
|  | Dollar Value of Exemption/Refund | \$ |
| **Income Taxes:** | Total Paid | \$ |
|  | Dollar Value of Exemption/Refund | 1488733 |
|  | Total Paid | 15036447 |
| **Customs Duties:** | Total Paid | \$ |
|  | Dollar Value of Exemption/Refund | \$ |
| **Other:** | Hotel room taxes paid | \$ |
|  | Other Taxes, Fee Paid to V.I. Government | \$ |
|  |  | - 150 + 43927 |
| **TOTAL TAXES PAID:** |  | \$ |
|  |  | 1532660 |
| **TOTAL VALUE OF EXEMPTIONS AND OR REFUNDS:** |  | \$ |
|  |  | 16106419 |

EXPENDITURES FOR GOODS, SERVICES, PLANT & EQUIPMENT

|  | Eligible Supplier | V.I. Suppliers | Non-Local | Totals |
| --------------------------------------- | --------------------- | ---------------- | -------------- | -------------------------- |
| **Goods and Services:** |  |  |  |  |
| Raw materials, components |  |  | \$ | - |
| Food, beverage |  |  | \$ | - |
| Freight Charges |  |  | \$ | - |
| Insurance |  | 19485 | 7284 | \$ 26769 ✓ |
| Legal/ Accounting | 13329 | 6866 | 17216 | \$ 37411 ✓ |
| Advertising / Promotion |  | 2476 |  | \$ 2476 ✓ |
| Utilities (itel., water, elect. etc.) |  | 38846 | 3355 | \$ 42269 ✓ |
| Interest & Other Bank Chg. |  | 79 | 307 | \$ 386 ✓ |
| Supplies |  | 15279 | 2555 | \$ 26129 ✓ |
| Repairs/Maintenance | 2251 | 892 | 3923 | \$ 7066 ✓ |
| Other (List Separately) | - 14000 | 351631 | 24950 | \$ 387041 - 390580 |
| **Subtotal, Goods and Svcs:** | **26,443 37943** | **435554** | **59590** | **\$ 531,567 533087** |
| **Capital Expenditures:** |  |  |  | \$ |
| Building & Improvements |  |  |  | \$ |
| Leasehold Improvements |  |  |  | \$ |
| Machinery / Equipment |  |  |  | \$ 0 |
| Furniture / Fixtures |  | 1781 | 744 | \$ 2524 |
| Vehicles |  |  |  | \$ |
| Other (List Separately) |  |  |  | \$ |
| **Subtotal, Capital Expend:** |  | **1781** | **744** | **\$ 2524** |
| **GRAND TOTALS** | **37943** | **437335** | **60334** | **\$ 535611** |

CUMULATIVE CAPITAL EXPENDITURES UNDER EDC CERTIFICATE

Name/Signature of Preparer: Jeanne Brenne (Signature) Date: 10/13/06
 Jeanne [Redacted] (Pres Name) Telephone Number: 340-775-2525



Fiscal/Calendar Year Ending

December 31, 2005

Company Name: Financial Trust Company, Inc.

**EXPENDITURES FOR GOODS, SERVICES, PLANT & EQUIPMENT -Other**

|  | Eligible Supplier | V.I. Suppliers | Non-Local | Totals |
| ---------------------------------- | ------------------- | ---------------- | --------------- | -------------------------------------- |
| <b>Goods and Services:</b> |  |  |  |  |
| Dues |  |  | 19553 | \$ 19553 ✓ |
| Postage and delivery |  | 5122 |  | \$ 5122 ✓ |
| Travel and transportation |  | 7044 | 402 | \$ 7446 ✓ |
| market services |  |  | 4995 | \$ 4995 ✓ |
| Charitable contributions |  |  |  |  |
| Company |  | 5635 |  | \$ 5535 |
| Foundation |  | 250764 |  | \$ 250764 ✓ |
| Co-op marketing fee/compliance | <u>12500</u> | <u>14000</u> ✓ |  | \$ <u>12500</u> <u>14000</u> ✓ |
| Rent |  | 83186 |  | \$ 83186 ✓ |
| <b>Subtotal, Goods and Svcs:</b> | <u>12500</u> | <u>14000</u> | <u>351631</u> | <u>\$ <u>28600</u> <u>390500</u></u> |

 H 12,500 CO-OP ALT. RETAIL EDC.
 H 14,500 EDC COMPLIANCE FEES.




*Investors Dream*

**EDC ANNUAL REPORT**

Value of Exemptions of Stockholders/Partners/Members

BENEFICIARY Financial Trust Company, Inc.

Fiscal Year Ending December 31, 2005

Case 1:22-cv-10904-JSR Document 194-6 Filed 06/20/23 Page 4 of 4

| Stockholders, Partners or Members | Social Security No. | Physical Address | % Distributable Shares | EDC Income | Business Activity | Total Tax Due | EDC Credit | Balance Tax Due |
| ----------------------------------- | --------------------- | --------------------------------------------------------- | ------------------------ | ------------------------------------------------------------- | ------------------- | --------------- | ------------ | ----------------- |
| Jeffrey E. Epstein | [REDACTED] | Little Saint James
St. Thomas U.S. Virgin
Islands | 100 | See page 1 of Economic Development Commission Annual Report | | | | |
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|  |  |  | **TOTAL** | \$ |  | \$ | \$ |  |

Note: Totals of EDC Credit and Balance Tax Due must be carried forward to the EDC Annual Report and reported under Taxes and Duties (See instructions).



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