Statements¶
EFTA00196656¶
OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
CLEARED THROUGH ITS¶
WHOLLY OWNED SUBSDIARY¶
| | |¶
| :--- | :--- |¶
| ACCOUNT EXECUTIVE | ZICHERMAN, IRA |¶
| TELEPHONE | |¶
| VISIT OUR WEBSITE | www.bearstearns.com |¶
| Financial Summary | 3 |
| Your Portfolio Holdings | 4 |
| Transaction Detail | 5 |
| Trades Not Yet Settled | 7 |
| 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¶
ACCOUNT NUMBER¶
THROUGH December 31, 2003¶
STATEMENT PERIOD November 29, 2003¶
TAXPAYER NUMBER On File¶
| LAST STATEMENT | November 28, 2003 |¶
| :--- | :--- |¶
Your Portfolio at a Glance¶
| TOTAL VALUE OF SECURITIES THIS PERIOD | 39,407,916 |
| NET CREDIT BALANCE | 672,183 |
| NET EQUITY THIS PERIOD | $40,080,099 |
| NET EQUITY LAST STATEMENT | 39,725,998 |
| CHANGE SINCE LAST STATEMENT | 354,101 |
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 2003 interest, 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 February 2, 2004 or a 1042S by March 15, 2004.¶
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.¶
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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EFTA00196657¶
CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY¶
2 of 7¶
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¶
EFTA00196658¶
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 | $506,974.66 |
| Dividends/Interest | 165,274.40 |
| Amount Credited | $165,274.40 |
| Funds Withdrawn | -66.00 |
| Amount Debited | $-66.00 |
| Net Cash Activity | 165,208.40 |
| ClosingBalance | $672,183.06 |
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 | 246.53 | 672,183.06 |
| Margin | 506,728.13 | 0.00 |
| Net Cash Balance | $506,974.66 | $672,183.06 |
Income Summary¶
| THIS PERIOD | YEAR TO DATE | |
| Dividends | 165,063.20 | 708,950.11 |
| Substitute Payment | 0.00 | 194,747.20 |
| Credit Balance Int. | 211.20 | 1,707.90 |
| Total | $165,274.40 | $905,405.21 |
| Margin Int. Paid | 0.00 | -44,988.13 |
Portfolio Composition¶
| Cash/Cash Equivalent | 672,183 |
| Equities | 39,407,916 |
| Total | $40,080,099 |
Bear, Steams Securities Corp.¶
One Metrotech Center North¶
Brooklyn, New York 11201-3859¶
FINANCIAL TRUST COMPANY INC¶
| STATEMENT PERIOD | November 29, 2003 |
|---|---|
| THROUGH | December 31, 2003 |
ACCOUNT NUMBER¶
TAXPAYER NUMBER On File¶
| LAST STATEMENT | November 28, 2003 |¶
| :--- | :--- |¶
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.¶
EFTA00196659¶
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 | 672,183 | |||||
| TOTAL CASH & CASH EQUIVALENTS | $672,183 |
EQUITIES¶
Equities & Options¶
| DESCRIPTION | SYMBOL/CUSIP | ACCT TYPE | QUANTITY | PRICE | MARKET VALUE | ESTIMATED ANNUAL INCOME | CURRENT YIELD (%) |
|---|---|---|---|---|---|---|---|
| FLEXTRONICS INTERNATIONAL LTD | FLEX | CASH | 100,000 | 14.8400 | 1,484,000 | ||
| GALYANS TRADING INC | GLYN | CASH | 150,000 | 12.0400 | 1,806,000 | ||
| MBNA CORP | KRB | CASH | 1,000,000 | 24.8500 | 24,850,000 | 400,000 | 1.6097 |
| TYCO INTERNATIONAL LTD | TYC | CASH | 100,000 | 26.5000 | 2,650,000 | 5,000 | 0.1887 |
| VECTOR GROUP LTD | VGR | CASH | 412,658 | 16.3200 | 6,734,579 | 660,253 | 9.8039 |
| SENTIGEN HOLDING CP RSTD | CASH | 333,334 | 5.6500 | 1,883,337 | |||
| Total Equities& Options | $39,407,916 | $1,065,253 | |||||
| TOTAL EQUITIES | $39,407,916 | $1,065,253 |
| YOUR TOTAL ESTIMATED ANNUAL INCOME | $1,065,253 |
| YOUR PRICED PORTFOLIO HOLDINGS | $40,080,099 |
CLEARED THROUGH ITS¶
WHOLLY OWNED SUBSDIARY¶
Bear, Steams Securities Corp.¶
One Metrotech Center North¶
Brooklyn, New York 11201-3859¶
STATEMENT PERIOD November 29, 2003¶
THROUGH December 31, 2003¶
FINANCIAL TRUST COMPANY INC¶
AGCOUNT NUMBER¶
TAXPAYER NUMBER On File¶
| LAST STATEMENT | November 28, 2003 |¶
| :--- | :--- |¶
027¶
01/01/04;12:54 001¶
EFTA00196660¶
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 Metrotech Center North Brooklyn, New York 11201-3859¶
5 of 7¶
FINANCIAL TRUST COMPANY INC¶
Transaction Detail¶
STATEMENT PERIOD November 29, 2003¶
THROUGH December 31, 2003¶
INVESTMENT ACTIVITY¶
ACCOUNT NUMBER¶
TAXPAYER NUMBER On File¶
| LAST STATEMENT | November 28, 2003 |¶
| :--- | :--- |¶
| ELEMENT DATE | TRADE DATE | TRANSACTION | DESCRIPTION | SYMBOL/CUSIP | QUANTITY | PRICE | DEBIT AMOUNT | CREDIT AMOUNT | |
|---|---|---|---|---|---|---|---|---|---|
| 12/05/03 | JOURNAL | JOURNAL | FLEXTRONICS INTERNATIONAL LTD JOURNAL FROM TYPE 2 TO 1 | FLEX | 100,000 | ||||
| 12/05/03 | JOURNAL | JOURNAL | GALYANS TRADING INC JOURNAL FROM TYPE 2 TO 1 | GLYN | 150,000 | ||||
| 12/05/03 | JOURNAL | JOURNAL | MBNA CORP JOURNAL FROM TYPE 2 TO 1 | KRB | 1,000,000 | ||||
| 12/05/03 | JOURNAL | JOURNAL | TYCO INTERNATIONAL LTD JOURNAL FROM TYPE 2 TO 1 | TYC | 100,000 | ||||
| 12/05/03 | JOURNAL | JOURNAL | VECTOR GROUP LTD JOURNAL FROM TYPE 2 TO 1 | VGR | 412,658 | ||||
| 12/05/03 | JOURNAL | JOURNAL | FLEXTRONICS INTERNATIONAL LTD JOURNAL FROM TYPE 2 TO 1 | FLEX | -100,000 | ||||
| 12/05/03 | JOURNAL | JOURNAL | GALYANS TRADING INC JOURNAL FROM TYPE 2 TO 1 | GLYN | -150,000 | ||||
| 12/05/03 | JOURNAL | JOURNAL | MBNA CORP JOURNAL FROM TYPE 2 TO 1 | KRB | -1,000,000 | ||||
| 12/05/03 | JOURNAL | JOURNAL | TYCO INTERNATIONAL LTD JOURNAL FROM TYPE 2 TO 1 | TYC | -100,000 | ||||
| 12/05/03 | JOURNAL | JOURNAL | VECTOR GROUP LTD JOURNAL FROM TYPE 2 TO 1 | VGR | -412,658 | ||||
| TOTAL | |||||||||
027¶
01/01/04;12:54 001¶
EFTA00196661¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
CLEARED THROUGH ITS¶
WHOLLY OWNED SUBSDIARY¶
6 of 7¶
Transaction Detail (continued)¶
| DATE | TRANSACTION | DESCRIPTION | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|
| 12/03/03 | CHECK | CK HYPERION PARTNERS II L.P. | 66.00 | |
| TOTAL | -66.00 | |||
DEPOSITS AND WITHDRAWALS¶
Bear, Steams Securities Corp.¶
One Metrotech Center North¶
Brooklyn, New York 11201-3859¶
DIVIDENDS¶
| DATE | DESCRIPTION | SYMBOL/CUSIP | QUANTITY | RATE ($) | DEBIT AMOUNT | CREDIT AMOUNT | |
|---|---|---|---|---|---|---|---|
| 12/30/03 | VECTOR GROUP LTD | VGR | 412,658 | 0.4000 | 165,063.20 | ||
| REC 12/19/03 PAY 12/30/03 | |||||||
| TOTAL | $165,063.20 | ||||||
INTEREST¶
| DATE | DESCRIPTION | SYMBOL/CUSIP | QUANTITY | RATE (%) | DEBIT AMOUNT | CREDIT AMOUNT | |
|---|---|---|---|---|---|---|---|
| 12/22/03 | INTEREST ON CREDIT BALANCE ACCT 038-66056 AT 00,50000% 11/21 - 12/20 | 211.20 | |||||
| TOTAL | $211.20 | ||||||
STATEMENT PERIOD November 29, 2003¶
ACCOUNT NUMBER¶
| LAST STATEMENT | November 28, 2003 |¶
| :--- | :--- |¶
THROUGH December 31, 2003¶
TAXPAYER NUMBER On File¶
FINANCIAL TRUST COMPANY INC¶
MISCELLANEOUS¶
| DATE MO/DAY | TRANSACTION | DESCRIPTION | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|
| 12/05/03 | JOURNAL | JOURNAL FROM TYPE 2 TO 1 | 506,728.13 | |
| 12/05/03 | JOURNAL | JOURNAL FROM TYPE 2 TO 1 | 506,728.13 | |
| TOTAL | -506,728.13 | $506,728.13 |
027¶
01/01/04;12:54 001¶
EFTA00196662¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
CLEARED THROUGH ITS CLEARLY WOUNDED SUBSIDIARY¶
7 of 7¶
Bear, Steams Securities Corp.¶
One Mebrotech Center North¶
Brooklyn, New York 11201-3859¶
FINANCIAL TRUST COMPANY INC¶
Trades Executed Pending Settlement¶
| SETTLEMENT DATE | TRADE DATE | TRANSACTION | DESCRIPTION | SYMBOL/CUSIP | QUANTITY | PRICE | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|---|---|---|---|
| 01/05/04 | 12/29/03 | BOUGHT | IFIL(IST FIN ITAL) EUR1 INVST CL UNSOLICITED UN- - - | 100,000.00 | 3.2300 | 323,000.00 | ||
| TOTAL | $323,000.00 | $0.00 | ||||||
The above trades do not appear in any other section of this statement.¶
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.¶
Excess SIPC Account Protection Update¶
Bear, Stearns Securities Corp. (“BSSC”), a member of the Securities Investor Protection Corporation (“SIPC”), provides account protection for the net equity of a customer’s funds and securities positions. SIPC provides $500,000 of primary net equity protection, including $100,000 for claims for cash (“SIPC Coverage”). Visit www.sipc.org for more information about SIPC Coverage. BSSC provides the additional protection (“Excess SIPC”) through a commercial insurer, Effective February 16, 2004, the commercial insurer for Excess SIPC will change to Customer Asset Protection Company (“CAPCO”), a licensed New York insurance company. Account protection applies when a SIPC member firm fails financially and is unable to meet its obligations to its securities customers, but does not apply to losses from the rise or fall in the market value of investments or to SIPC ineligible assets such as options, futures, foreign exchange transactions, or any investment contracts that are not registered as securities.¶
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