EFTA00196725¶
OFFICE SERVICING YOUR ACCOUNT¶
Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
| | |¶
| :--- | :--- |¶
| ACCOUNT EXECUTIVE | ZICHERMAN, IRA |¶
| TELEPHONE | |¶
| VISIT OUR WEBSITE | www.bearstearns.com |¶
What’s In This Statement¶
| Financial Summary | 3 |
| Your Portfolio Holdings | 4 |
| Transaction Detail | 5 |
| Fund Activity | 6 |
| Your Messages | 8 |
CLEARED THROUGH ITS¶
WHOLLY OWNED SUBSIDIARY¶
| 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¶
TAXPAYER NUMBER On File¶
| LAST STATEMENT | December 31, 2002 |¶
| :--- | :--- |¶
STATEMENT PERIOD January 1, 2003¶
Your Portfolio at a Glance¶
THROUGH January 31, 2003¶
There are no “Stop Loss” orders or other pending buy or sell open orders on file for your account.¶
| TOTAL VALUE OF SECURITIES THIS PERIOD | 27,422,070 |
| NET DEBIT BALANCE | -5,094,865 |
| NET EQUITY THIS PERIOD | $22,327,205 |
| NET EQUITY LAST STATEMENT | 12,964,836 |
| CHANGE SINCE LAST STATEMENT | 9,362,369 |
Market Value of Your Portfolio¶
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.¶
027 02/01/03:15:36 001¶
V640¶
EFTA00196726¶
CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY¶
2 of 8¶
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¶
EFTA00196727¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT¶
Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
3 of 8¶
Cash Flow Analysis¶
| THIS PERIOD | |
| OpeningBalance | $877,180.97 |
| Money Fund | 2,339,825.50 |
| Funds Deposited | 8,000,000.00 |
| Dividends/Interest | 368.24 |
| Amount Credited | $10,340,193.74 |
| Securities Bought | -16,307,705.00 |
| Money Fund | -3,284.55 |
| Dividends/Interest Charged | -1,250.00 |
| Amount Debited | $-16,312,239.55 |
| Net Cash Activity | -5,972,045.81 |
| Closing Balance | $-5,094,864.84 |
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 | 448,954.71 | 0.90 |
| Margin | 166,977.00 | -5,337,366.00 |
| Short | 261,249.26 | 242,500.26 |
| Net Cash Balance | $877,180.97 | $-5,094,864.84 |
Income Summary¶
| THIS PERIOD | YEAR TO DATE | |
|---|---|---|
| Dividends | 2,024.51 | 2,024.51 |
| Credit Balance Int. | 368.24 | 368.24 |
| Total | $2,392.75 | $2,392.75 |
Portfolio Composition¶
| SHORT | LONG | |
|---|---|---|
| Cash/Cash Equivalent | 5,094,865 | |
| Equities | 243,000 | 27,665,070 |
| Total | $5,337,865 | $27,665,070 |
Bear, Steams Securities Corp.¶
One Metrotech Center North¶
Brooklyn, New York 11201-3859¶
FINANCIAL TRUST COMPANY INC¶
STATEMENT PERIOD January 1, 2003¶
THROUGH January 31, 2003¶
ACCOUNT NUMBER¶
Your Portfolio Allocation¶
TAXPAYER NUMBER On File¶
| LAST STATEMENT | December 31, 2002 |¶
| :--- | :--- |¶
02/01/03;15:36 001¶
Unshaded portions denote debit balance and/or short market values. The allocation percentage is derived from the absolute market value of your portfolio.¶
EFTA00196728¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT¶
Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
4 of 8¶
Your Portfolio Holdings¶
CASH & CASH EQUIVALENTS¶
| DESCRIPTION | SYMBOL/CUSIP | QUANTITY | PRICE | MARKET VALUE | ESTIMATED ANNUAL INCOME | CURRENT YIELD (%) |
|---|---|---|---|---|---|---|
| CASH BALANCE | -5,094,865 | |||||
| TOTAL CASH & CASH EQUIVALENTS | $-5,094,865 |
EQUITIES¶
Equities & Options¶
| DESCRIPTION | SYMBOL/CUSIP | ACCT TYPE | QUANTITY | PRICE | MARKET VALUE | ESTIMATED ANNUAL INCOME | CURRENT YIELD (%) |
|---|---|---|---|---|---|---|---|
| FLEXTRONICS INTERNATIONAL LTD | FLEX | MRGN | 100,000 | 8.0600 | 806,000 | ||
| GALYANS TRADING INC | GLYN | MRGN | 150,000 | 10.1400 | 1,521,000 | ||
| HOLLINGER INTERNATIONAL INC CL A | HLR | SHRT | -25,000 | 9.7200 | -243,000 | -5,000 | 2.0576 |
| MBNA CORP | KRB | MRGN | 1,000,000 | 16.8300 | 16,830,000 | 320,000 | 1.9014 |
| TYCO INTERNATIONAL LTD | TYC | MRGN | 100,000 | 16.0100 | 1,601,000 | 5,000 | 0.3123 |
| VECTOR GROUP LTD | VGR | MRGN | 393,008 | 12.9100 | 5,073,733 | 628,813 | 12.3935 |
| SENTIGEN HOLDING CP RSTD | CASH | 333,334 | 5.5000 | 1,833,337 | |||
| Total Equities& Options | $27,422,070 | $948,813 | |||||
| TOTAL EQUITIES | $27,422,070 | $948,813 |
CLEARED THROUGH ITS¶
WHOLLY OWNED SUBSDIARY¶
| YOUR TOTAL ESTIMATED ANNUAL INCOME | $948,813 |
| YOUR PRICED PORTFOLIOHOLDINGS | $22,327,205 |
Bear, Steams Securities Corp.¶
One Metrotech Center North¶
Brooklyn, New York 11201-3859¶
STATEMENT PERIOD January 1, 2003¶
THROUGH January 31, 2003¶
FINANCIAL TRUST COMPANY INC¶
AGCOUNT NUMBER¶
TAXPAYER NUMBER On File¶
| LAST STATEMENT | December 31, 2002 |¶
| :--- | :--- |¶
027¶
02/01/03;15:36 001¶
EFTA00196729¶
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 8¶
FINANCIAL TRUST COMPANY INC¶
Transaction Detail¶
STATEMENT PERIOD January 1, 2003¶
THROUGH January 31, 2003¶
INVESTMENT ACTIVITY¶
TAXPAYER NUMBER On File¶
| LAST STATEMENT | December 31, 2002 |¶
| :--- | :--- |¶
| SETTLEMENT DATE | TRADE DATE | TRANSACTION | DESCRIPTION | SYMBOL/CUSIP | QUANTITY | PRICE | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|---|---|---|---|
| 01/27/03 | JOURNAL | FLEXTRONICS INTERNATIONAL LTD JOURNAL FROM TYPE 1 TO 2 | FLEX | -100,000 | ||||
| 01/27/03 | JOURNAL | GALYANS TRADING INC JOURNAL FROM TYPE 1 TO 2 | GLYN | -150,000 | ||||
| 01/27/03 | JOURNAL | TYCO INTERNATIONAL LTD JOURNAL FROM TYPE 1 TO 2 | TYC | -100,000 | ||||
| 01/27/03 | JOURNAL | VECTOR GROUP LTD JOURNAL FROM TYPE 1 TO 2 | VGR | -393,008 | ||||
| 01/27/03 | JOURNAL | FLEXTRONICS INTERNATIONAL LTD JOURNAL FROM TYPE 1 TO 2 | FLEX | 100,000 | ||||
| 01/27/03 | JOURNAL | GALYANS TRADING INC JOURNAL FROM TYPE 1 TO 2 | GLYN | 150,000 | ||||
| 01/27/03 | JOURNAL | TYCO INTERNATIONAL LTD JOURNAL FROM TYPE 1 TO 2 | TYC | 100,000 | ||||
| 01/27/03 | JOURNAL | VECTOR GROUP LTD JOURNAL FROM TYPE 1 TO 2 | VGR | 393,008 | ||||
| 01/28/03 | 01/23/03 | BOUGHT | MBNA CORP UNSOLICITED AS OF 01/23/03 | KRB | 1,000,000 | 16,24770 | 16,307,705.00 | |
| TOTAL | $-16,307,705.00 | |||||||
DEPOSITS AND WITHDRAWALS¶
| DATE | TRANSACTION | DESCRIPTION | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|
| 01/27/03 | FUNDS REC | FNDS WIRED TO CITIBANK FROM JPMORGAN CHASE BANK | 8,000,000.00 | |
| TOTAL | $8,000,000.00 | |||
027¶
02/01/03;15:36 001¶
EFTA00196730¶
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, Stearns Securities Corp.¶
One Metratech Center North¶
Brooklyn, New York 11201-3859¶
6 of 8¶
FINANCIAL TRUST COMPANY INC¶
Transaction Detail (continued)¶
STATEMENT PERIOD January 1, 2003¶
THROUGH January 31, 2003¶
MONEY FUND ACTIVITY¶
ACCOUNT NUMBER¶
TAXPAYER NUMBER On File¶
| LAST STATEMENT | December 31, 2002 |¶
| :--- | :--- |¶
| DATE MO/DAY | TRANSACTION | DESCRIPTION | SYMBOL/CUSIP | QUANTITY | PRICE | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|---|---|---|
| 01/01/03 | OPENINGBALANCE | 2,331,231.89 |
| 01/02/03 | REINVEST | DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES DIVIDEND REINVESTED | DICXX | 3,284.55 | 3,284.55 | ||
| 01/02/03 | DIVIDEND | DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES AMT INCLUDED IN 2002 - 1099 | DICXX | 3,284.55 | |||
| 01/27/03 | SOLD | DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES | DICXX | -2,334,516.44 | 1.0000 | 2,334,516.44 | |
| 01/27/03 | DIVIDEND | DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES DIVS | DICXX | 2,024.51 |
| 01/31/03 | CLOSINGBALANCE | 0.00 | |
| TOTAL | -3,284.55 | $2,339,825.50 | |
DIVIDENDS¶
| DATE | DESCRIPTION | SYMBOL/CUSIP | QUANTITY | RATE ($) | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|---|---|
| 01/02/03 | HOLLINGER INTERNATIONAL INC CL A DIV CHG 25000 SHS SHORT REC 01/01/03 PAY 01/15/03 | HLR | 1,250.00 | |||
| TOTAL | -1,250.00 | |||||
027¶
02/01/03;15:36 001¶
EFTA00196731¶
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 8¶
Bear, Steams Securities Corp.¶
One Metrotech Center North¶
Brooklyn, New York 11201-3859¶
FINANCIAL TRUST COMPANY INC¶
Transaction Detail (continued)¶
INTEREST¶
STATEMENT PERIOD January 1, 2003¶
THROUGH January 31, 2003¶
| DATE | DESCRIPTION | SYMBOL/CUSIP | QUANTITY | RATE (%) | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|---|---|
| 01/21/03 | INTEREST ON CREDIT BALANCE AT 0 3/4% 12/21 THRU 12/30 | 0.7500 | 100.20 | |||
| 01/21/03 | INTEREST ON CREDIT BALANCE AT 0 3/4% 12/31 THRU 01/20 | 0.7500 | 268.04 | |||
| TOTAL | $368.24 | |||||
ACCOUNT NUMBER¶
| LAST STATEMENT | December 31, 2002 |¶
| :--- | :--- |¶
TAXPAYER NUMBER On File¶
MISCELLANEOUS¶
| DATE MO/DAY | TRANSACTION | DESCRIPTION | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|
| 01/06/03 | JOURNAL | MARK TO MARKET | 5,250.00 | |
| 01/06/03 | JOURNAL | MARK TO MARKET SHORT POS | 5,250.00 | |
| 01/13/03 | JOURNAL | MARK TO MARKET | 1,249.00 | |
| 01/13/03 | JOURNAL | MARK TO MARKET SHORT POS | 1,249.00 | |
| 01/21/03 | JOURNAL | MARK TO MARKET | 12,500.00 | |
| 01/21/03 | JOURNAL | MARK TO MARKET SHORT POS | 12,500.00 | |
| 01/27/03 | JOURNAL | JOURNAL FROM TYPE 1 TO 2 | 449,322.00 | |
| 01/27/03 | JOURNAL | JOURNAL FROM TYPE 1 TO 2 | 2,336,541.00 | |
| 01/27/03 | JOURNAL | MARK TO MARKET | 9,000.00 | |
| 01/27/03 | JOURNAL | JOURNAL FROM TYPE 1 TO 2 | 449,322.00 | |
| 01/27/03 | JOURNAL | JOURNAL FROM TYPE 1 TO 2 | 2,336,541.00 | |
| 01/27/03 | JOURNAL | MARK TO MARKET SHORT POS | 9,000.00 | |
| 01/28/03 | JOURNAL | JOURNAL FROM TYPE 1 TO 2 | 8,000,000.00 | |
| 01/28/03 | JOURNAL | JOURNAL FROM TYPE 1 TO 2 | 8,000,000.00 | |
| TOTAL | -10,813,862.00 | $10,813,862.00 |
027¶
02/01/03;15:36 001¶
EFTA00196732¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
8 of 8¶
Your messages¶
The interest, if any, charged to your account during December 2002 was computed on the net debit balance through December 30. The interest, if any, charged to your account during January 2003 is computed from December 31, 2002.¶
CLEARED THROUGH ITS¶
CLEARLY WOUNDED SUBSIDIARY¶
******* End of Statement*******¶
Bear, Steams Securities Corp.¶
One Metrotech Center North¶
Brooklyn, New York 11201-3859¶
FINANCIAL TRUST COMPANY INC¶
STATEMENT PERIOD January 1, 2003¶
THROUGH January 31, 2003¶
ACCOUNT NUMBER¶
TAXPAYER NUMBER On File¶
| LAST STATEMENT | December 31, 2002 |¶
| :--- | :--- |¶
027¶
02/01/03;15:36 001¶
V640¶
EFTA00196733¶