Statements¶
EFTA00196567¶
OFFICE SERVICING YOUR ACCOUNT¶
Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY¶
| | |¶
| :--- | :--- |¶
| ACCOUNT EXECUTIVE | ZICHERMAN, IRA |¶
| TELEPHONE | |¶
| VISIT OUR WEBSITE | www.bearstearns.com |¶
| Financial Summary | 3 |
| Your Portfolio Holdings | 4 |
| Transaction Detail | 5 |
| Fund Activity | 5 |
| Your Messages | 7 |
What’s In This Statement¶
| FINANCIAL TRUST COMPANY INC |
| C/O AMERICAN YACHT HARBOR * |
| 6100 RED HOOK SUITE B-3 |
| QUARTERS #2 |
| ST THOMAS VI 00802 |
Bear, Steams Securities Corp.¶
One Metrotech Center North¶
Brooklyn, New York 11201-3859¶
FINANCIAL TRUST COMPANY INC¶
THROUGH December 31, 2002¶
ACCOUNT NUMBER¶
STATEMENT PERIOD November 30, 2002¶
TAXPAYER NUMBER On File¶
| LAST STATEMENT | November 29, 2002 |¶
| :--- | :--- |¶
Your Portfolio at a Glance¶
| TOTAL VALUE OF SECURITIES THIS PERIOD | 9,756,423 |
| NET CREDIT BALANCE | 877,181 |
| MONEY MARKET FUND BALANCE | 2,331,232 |
| NET EQUITY THIS PERIOD | $12,964,836 |
| NET EQUITY LAST STATEMENT | 33,803,464 |
| CHANGE SINCE LAST STATEMENT | -20,838,628 |
There are no “Stop Loss” orders or other pending buy or sell open orders on file for your account.¶
Market Value of Your Portfolio¶
Important Message¶
If any information regarding 2002interest, dividends, miscellaneous income, gross proceeds or original issue discount is required to be reported to the IRS for this account, a Consolidated Form 1099 will be mailed to you by January 31,2003 or a 1042Sby March 17,2003.¶
Please report any difference or non-receipt of checks or stocks, indicated as delivered to you, to Client Services at 800-634-1428; or write to Client Services at Bear, Steams Securities Corp., One Metrotech Center North, Brooklyn, N.Y. 11201-3859.¶
SIPC¶
This summary is for informational purposes only. It is not intended as a tax document.¶
This statement should be retained for your records. See reverse side for important information.¶
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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY¶
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Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859¶
FINANCIAL TRUST COMPANY INC¶
STATEMENT BACKER IS PRINTED ON THIS PAGE¶
027¶
EFTA00196569¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT¶
Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
3 of 7¶
Cash Flow Analysis¶
| THIS PERIOD | |
| OpeningBalance | $1,474,539.19 |
| Money Fund | 19,520,670.97 |
| Funds Deposited | 10,000,000.00 |
| Dividends/Interest | 157,619.28 |
| Amount Credited | $29,678,290.25 |
| Securities Bought | -254,977.50 |
| Money Fund | -20,670.97 |
| Funds Withdrawn | -30,000,000.00 |
| Amount Debited | $-30,275,648.47 |
| Net Cash Activity | -597,358.22 |
| Closing Balance | $877,180.97 |
Same day transfers of cash between account types are not included in this section; such transfers, as well as details for all other transactions this period, appear in Transaction Detail.¶
Cash Balance Summary¶
| OPENING | CLOSING | |
| Cash | 791,335.43 | 448,954.71 |
| Margin | 191,204.00 | 166,977.00 |
| Short | 491,999.76 | 261,249.26 |
| Net Cash Balance | $1,474,539.19 | $877,180.97 |
Income Summary¶
| THIS PERIOD | YEAR TO DATE | |
| Dividends | 177,874.17 | 1,122,184.41 |
| Credit Balance Int. | 416.08 | 17,865.78 |
| Total | $178,290.25 | $1,140,050.19 |
| Foreign Tax Withheld | 0.00 | -4,500.00 |
Portfolio Composition¶
| SHORT | LONG | |
| Cash/Cash Equivalent | 3,208,413 | |
| Equities | 254,000 | 10,010,423 |
| Total | $254,000 | $13,218,836 |
CLEARED THROUGH ITS WHOLLY OWNED SUBSDIARY¶
Bear, Steams Securities Corp.¶
One Metratech Center North Brooklyn, New York 11201-3859¶
FINANCIAL TRUST COMPANY INC¶
| STATEMENT PERIOD | November 30, 2002 |
|---|---|
| THROUGH | December 31, 2002 |
| ACCOUNT NUMBER | |
| TAXPAYER NUMBER | On File |
| LAST STATEMENT | November 29, 2002 |
Your Portfolio Allocation¶
Unshaded portions denote debit balance and/or short market values. The allocation percentage is derived from the absolute market value of your portfolio.¶
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EFTA00196570¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT¶
Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
4 of 7¶
Your Portfolio Holdings¶
CASH & CASH EQUIVALENTS¶
| DESCRIPTION | SYMBOL/CUSIP | QUANTITY | PRICE | MARKET VALUE | ESTIMATED ANNUAL INCOME | CURRENT YIELD (%) |
|---|---|---|---|---|---|---|
| CASH BALANCE | 877,181 | |||||
| DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES EST, 30 DAY AVG YIELD 1,2200% | DICXX | 2,331,231.89 | 1.0000 | 2,331,232 | 32,637 | 1.4000 |
| TOTAL CASH & CASH EQUIVALENTS | $3,208,413 | $32,637 |
EQUITIES¶
Equities & Options¶
| DESCRIPTION | SYMBOL/CUSIP | ACCT TYPE | QUANTITY | PRICE | MARKET VALUE | ESTIMATED ANNUAL INCOME | CURRENT YIELD (%) |
|---|---|---|---|---|---|---|---|
| FLEXTRONICS INTERNATIONAL LTD | FLEX | CASH | 100,000 | 8.1900 | 819,000 | ||
| GALYANS TRADING INC | GLYN | CASH | 150,000 | 10.0000 | 1,500,000 | ||
| HOLLINGER INTERNATIONAL INC CL A | HLR | SHRT | -25,000 | 10.1600 | -254,000 | -5,000 | 1.9685 |
| TYCO INTERNATIONAL LTD | TYC | CASH | 100,000 | 17.0800 | 1,708,000 | 5,000 | 0.2927 |
| VECTOR GROUP LTD | VGR | CASH | 393,008 | 11.6200 | 4,566,753 | 628,813 | 13.7694 |
| SENTIGEN HOLDING CP RSTD Total Equities& Options | CASH | 333,334 | 4.2500 | 1,416,670 | |||
| TOTAL EQUITIES | $9,756,423 | $628,813 |
| YOUR TOTAL ESTIMATED ANNUAL INCOME | $661,450 |
| YOUR PRICED PORTFOLIOHOLDINGS | $12,964,836 |
CLEARED THROUGH ITS¶
WHOLLY OWNED SUBSDIARY¶
Bear, Steams Securities Corp.¶
One Metrotech Center North¶
Brooklyn, New York 11201-3859¶
STATEMENT PERIOD November 30, 2002¶
THROUGH December 31, 2002¶
FINANCIAL TRUST COMPANY INC¶
AGCOUNT NUMBER¶
TAXPAYER NUMBER On File¶
| LAST STATEMENT | November 29, 2002 |¶
| :--- | :--- |¶
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v639¶
EFTA00196571¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
Bear, Steams Securities Corp.¶
One Metrotech Center North Brooklyn, New York 11201-3859¶
5 of 7¶
FINANCIAL TRUST COMPANY INC¶
Transaction Detail¶
INVESTMENT ACTIVITY¶
| SETTLEMENT DATE | TRADE DATE | TRANSACTION | DESCRIPTION | SYMBOL/CUSIP | QUANTITY | PRICE | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|---|---|---|---|
| 12/24/02 | 12/19/02 | BOUGHT | HOLLINGER INTERNATIONAL INC CL A UNSOLICITED COVER SHORT, | HLR | 25,000 | 10.13900 | 254,977.50 | |
| TOTAL | $-254,977.50 | |||||||
DEPOSITS AND WITHDRAWALS¶
| DATE | TRANSACTION | DESCRIPTION | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|
| 12/02/02 | FND WIRED | MDA CITIBANK NA NDS WIRED TO | 30,000,000.00 | |
| 12/02/02 | FUNDS REC | FNDS WIRED TO CITIBANK FROM JPMORGAN CHASE BANK | 10,000,000.00 | |
| TOTAL | -$30,000,000.00 | $10,000,000.00 | ||
MONEY FUND ACTIVITY¶
| MO/DAY | TRANSACTION | DESCRIPTION | SYMBOL/CUSIP | QUANTITY | PRICE | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|---|---|---|
| 11/30/02 | OPENINGBALANCE | 21,810,560.92 | |||||
| 12/02/02 | SOLD | DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES | DICXX | -19,500,000 | 1.0000 | 19,500,000.00 | |
| 12/02/02 | DIVIDEND | DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES MONTHLY DIVIDEND | DICXX | 20,670.97 | |||
| 12/02/02 | REINVEST | DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES DIVIDEND REINVESTED | DICXX | 20,670.97 | 20,670.97 |
027¶
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EFTA00196572¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT¶
Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
CLEARED THROUGH ITS CLEARLY WOUNDED SUBSIDIARY¶
Bear, Steams Securities Corp.¶
One Metratech Center North¶
Brooklyn, New York 11201-3859¶
6 of 7¶
FINANCIAL TRUST COMPANY INC¶
Transaction Detail (continued)¶
STATEMENT PERIOD November 30, 2002¶
THROUGH December 31, 2002¶
MONEY FUND ACTIVITY (continued)¶
| LAST STATEMENT | November 29, 2002 |¶
| :--- | :--- |¶
| DATE MO/DAY | TRANSACTION | DESCRIPTION | SYMBOL/CUSIP | QUANTITY | PRICE | DEBIT AMOUNT | CREDIT AMOUNT |
| 12/31/02 | CLOSINGBALANCE | 2,331,231.89 | |||||
| TOTAL | -20,670.97 | $19,520,670.97 |
DIVIDENDS¶
| DATE | DESCRIPTION | SYMBOL/CUSIP | QUANTITY | RATE ($) | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|---|---|
| 12/30/02 | VECTOR GROUP LTD | VGR | 393,008 | 0.4000 | 157,203.20 | |
| REC 12/20/02 PAY 12/30/02 | ||||||
| TOTAL | $157,203.20 | |||||
INTEREST¶
| DATE | DESCRIPTION | SYMBOL/CUSIP | QUANTITY | RATE (%) | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|---|---|
| 12/23/02 | INTEREST ON CREDIT BALANCE AT 0 3/4% 11/21 THRU 12/20 | 0.7500 | 416.08 | |||
| TOTAL | $416.08 | |||||
MISCELLANEOUS¶
| DATE MO/DAY | TRANSACTION | DESCRIPTION | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|
| 12/02/02 | JOURNAL | MARK TO MARKET | 2,499.00 | |
| 12/02/02 | JOURNAL | MARK TO MARKET SHORT POS | 2,499.00 | |
| 12/09/02 | JOURNAL | MARK TO MARKET | 28,499.00 | |
| 12/09/02 | JOURNAL | MARK TO MARKET SHORT POS | 28,499.00 |
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EFTA00196573¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT¶
Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
7 of 7¶
Transaction Detail (continued)¶
MISCELLANEOUS (continued)¶
| DATE MO/DAY | TRANSACTION | DESCRIPTION | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|
| 12/16/02 | JOURNAL | MARK TO MARKET | 26,999.00 | |
| 12/16/02 | JOURNAL | MARK TO MARKET SHORT POS | 26,999.00 | |
| 12/23/02 | JOURNAL | MARK TO MARKET | 22,999.00 | |
| 12/23/02 | JOURNAL | MARK TO MARKET SHORT POS | 22,999.00 | |
| 12/30/02 | JOURNAL | MARK TO MARKET | 2,227.00 | |
| 12/30/02 | JOURNAL | MARK TO MARKET SHORT POS | 2,227.00 | |
| TOTAL | -83,223.00 | $83,223.00 | ||
Your messages¶
As part of the National Association of Securities Dealer’s (NASD) Investor Education Program, you may obtain information on the NASD’s Public Disclosure Program by contacting the NASD at telephone number (800) 289-9999 or via the internet address which is www.nasdr.com. In addition, a brochure explaining the Public Disclosure Program is available from the NASD upon request.¶
CLEARED THROUGH ITS¶
CLEARLY WOUNDED SUBSIDIARY¶
Bear, Steams Securities Corp.¶
One Metrotech Center North¶
Brooklyn, New York 11201-3859¶
STATEMENT PERIOD November 30, 2002¶
FINANCIAL TRUST COMPANY INC¶
ACCOUNT NUMBER¶
THROUGH December 31, 2002¶
TAXPAYER NUMBER On File¶
| LAST STATEMENT | November 29, 2002 |¶
| :--- | :--- |¶
******* End of Statement*******¶
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