EFTA00196815¶
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 |
| Trades Not Yet Settled | 8 |
| Your Messages | 8 |
| FINANCIAL TRUST COMPANY INC |
| C/O AMERICAN YACHT HARBOR * |
| 6100 RED HOOK SUITE B-3 |
| QUARTERS #2 |
| ST THOMAS VI 00802 |
CLEARED THROUGH ITS¶
WHOLLY OWNED SUBSIDIARY¶
Your Portfolio at a Glance¶
There are no “Stop Loss” orders or other pending buy or sell open orders on file for your account.¶
Market Value of Your Portfolio¶
| TOTAL VALUE OF SECURITIES THIS PERIOD | 57,179,974 |
| NET DEBIT BALANCE | -7,479,796 |
| NET EQUITY THIS PERIOD | $49,700,178 |
| NET EQUITY LAST STATEMENT | 40,080,099 |
| CHANGE SINCE LAST STATEMENT | 9,620,079 |
Bear, Steams Securities Corp.¶
One Metrotech Center North¶
Brooklyn, New York 11201-3859¶
| LAST STATEMENT | December 31, 2003 |¶
| :--- | :--- |¶
ACCOUNT NUMBER¶
FINANCIAL TRUST COMPANY INC¶
STATEMENT PERIOD January 1, 2004¶
TAXPAYER NUMBER On File¶
THROUGH January 30, 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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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¶
EFTA00196817¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
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Cash Flow Analysis¶
| THIS PERIOD | |
| OpeningBalance | $672,183.06 |
| Funds Deposited | 6,000,556.00 |
| Dividends/Interest | 102,254.30 |
| Amount Credited | $6,102,810.30 |
| Securities Bought | -14,248,560.00 |
| Dividends/Interest Charged | -6,229.80 |
| Amount Debited | $-14,254,789.80 |
| Net Cash Activity | -8,151,979.50 |
| Closing Balance | $-7,479,796.44 |
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 | 672,183.06 | 0.06 |
| Margin | 0.00 | -7,479,796.50 |
| Net Cash Balance | $672,183.06 | $-7,479,796.44 |
Income Summary¶
| THIS PERIOD | YEAR TO DATE | |
|---|---|---|
| Dividends | 100,000.00 | 100,000.00 |
| Credit Balance Int. | 398.34 | 398.34 |
| Total | $100,398.34 | $100,398.34 |
| Margin Int. Paid | -4,373.84 | -4,373.84 |
Portfolio Composition¶
| SHORT | LONG | |
| Cash/Cash Equivalent | 7,479,796 | |
| Equities | 57,179,974 | |
| Total | $7,479,796 | $57,179,974 |
Bear, Steams Securities Corp.¶
One Metratech Center North Brooklyn, New York 112D1-3859¶
FINANCIAL TRUST COMPANY INC¶
STATEMENT PERIOD January 1, 2004¶
THROUGH January 30, 2004¶
| ACCOUNT NUMBER | |
|---|---|
| TAXPAYER NUMBER | On File |
| LAST STATEMENT | December 31, 2003 |
Your Portfolio Allocation¶
01/31/04;09:43 001¶
Unshaded portions denote debit balance and/or short market values. The allocation percentage is derived from the absolute market value of your portfolio.¶
EFTA00196818¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
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Your Portfolio Holdings¶
CASH & CASH EQUIVALENTS¶
| DESCRIPTION | SYMBOL/CUSIP | QUANTITY | PRICE | MARKET VALUE | ESTIMATED ANNUAL INCOME | CURRENT YIELD (%) |
|---|---|---|---|---|---|---|
| CASH BALANCE | -7,479,796 | |||||
| TOTAL CASH & CASH EQUIVALENTS | $-7,479,796 |
EQUITIES¶
Equities & Options¶
| DESCRIPTION | SYMBOL/CUSIP | ACCT TYPE | QUANTITY | PRICE | MARKET VALUE | ESTIMATED ANNUAL INCOME | CURRENT YIELD (%) |
|---|---|---|---|---|---|---|---|
| BANK OF AMERICA CORP | BAC | MRGN | 100,000 | 81.4600 | 8,146,000 | 320,000 | 3.9283 |
| WALT DISNEY CO HOLDING CO | DIS | CASH | 250,000 | 24.0000 | 6,000,000 | 52,500 | 0.8750 |
| FLEXTRONICS INTERNATIONAL LTD | FLEX | CASH | 100,000 | 19.0000 | 1,900,000 | ||
| GALYANS TRADING INC | GLYN | CASH | 150,000 | 8.8090 | 1,321,350 | ||
| IFIL(IST FIN ITAL) EUR1 INVST CL | T44352291 | CASH | 100,000 | 3.0450 | 304,500 | ||
| MBNA CORP | KRB | MRGN | 1,000,000 | 26.9600 | 26,960,000 | 480,000 | 1.7804 |
| TYCO INTERNATIONAL LTD | TYC | MRGN | 100,000 | 26.7500 | 2,675,000 | 5,000 | 0.1869 |
| VECTOR GROUP LTD | VGR | MRGN | 412,658 | 17.1000 | 7,056,452 | 660,253 | 9.3567 |
| SENTIGEN HOLDING CP RSTD | 9380646 | CASH | 333,334 | 8.4500 | 2,816,672 | ||
| Total Equities& Options | $57,179,974 | $1,517,753 | |||||
| TOTAL EQUITIES | $57,179,974 | $1,517,753 |
CLEARED THROUGH ITS¶
WHOLLY OWNED SUBSDIARY¶
Bear, Steams Securities Corp.¶
One Metrotech Center North¶
Brooklyn, New York 11201-3859¶
FINANCIAL TRUST COMPANY INC¶
STATEMENT PERIOD January 1, 2004¶
THROUGH January 30, 2004¶
AGCOUNT NUMBER¶
TAXPAYER NUMBER On File¶
| LAST STATEMENT | December 31, 2003 |¶
| :--- | :--- |¶
027¶
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EFTA00196819¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT¶
Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
CLEARED THROUGH ITS CLEARLY WOUNDED SUBSIDIARY¶
5 of 8¶
Bear, Steams Securities Corp.¶
One Meterotech Center North Brooklyn, New York 11201-3859¶
FINANCIAL TRUST COMPANY INC¶
Your Portfolio Holdings (continued)¶
STATEMENT PERIOD January 1, 2004¶
THROUGH January 30, 2004¶
ACCOUNT NUMBER¶
| YOUR PORTFOLIOHOLDINGSESTIMATED ANNUAL INCOME | $1,517,753 |
| YOUR PRICED PORTFOLIOHOLDINGS | $49,700,178 |
TAXPAYER NUMBER On File¶
| LAST STATEMENT | December 31, 2003 |¶
| :--- | :--- |¶
Transaction Detail¶
INVESTMENT ACTIVITY¶
| 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- - - | T44352291 | 100,000 | 3.23000 | 323,000.00 | |
| 01/07/04 | JOURNAL | TYCO INTERNATIONAL LTD JOURNAL FROM TYPE 1 TO 2 | TYC | -100,000 | ||||
| 01/07/04 | JOURNAL | VECTOR GROUP LTD JOURNAL FROM TYPE 1 TO 2 | VGR | -412,658 | ||||
| 01/07/04 | JOURNAL | TYCO INTERNATIONAL LTD JOURNAL FROM TYPE 1 TO 2 | TYC | 100,000 | ||||
| 01/07/04 | JOURNAL | VECTOR GROUP LTD JOURNAL FROM TYPE 1 TO 2 | VGR | 412,658 |
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EFTA00196820¶
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 8¶
FINANCIAL TRUST COMPANY INC¶
Transaction Detail (continued)¶
STATEMENT PERIOD January 1, 2004¶
INVESTMENT ACTIVITY (continued)¶
THROUGH January 30, 2004¶
TAXPAYER NUMBER On File¶
| LAST STATEMENT | December 31, 2003 |¶
| :--- | :--- |¶
| SETTLEMENT DATE | TRADE DATE | TRANSACTION | DESCRIPTION | SYMBOL/CUSIP | QUANTITY | PRICE | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|---|---|---|---|
| 01/08/04 | 01/05/04 | BOUGHT | WALT DISNEY CO HOLDING CO WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED AS OF 01/05/04 | DIS | 250,000 | 23.99000 | 6,012,505.00 | |
| 01/09/04 | 01/06/04 | BOUGHT | BANK OF AMERICA CORP AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT SOLICITED | BAC | 100,000 | 79.07050 | 7,913,055.00 | |
| 01/30/04 | JOURNAL | MBNA CORP JOURNAL FROM TYPE 1 TO 2 | KRB | -1,000,000 | ||||
| 01/30/04 | JOURNAL | MBNA CORP JOURNAL FROM TYPE 1 TO 2 | KRB | 1,000,000 | ||||
| TOTAL | $-14,248,560.00 | |||||||
DEPOSITS AND WITHDRAWALS¶
| DATE | TRANSACTION | DESCRIPTION | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|
| 01/05/04 | FUNDS REC | FNDS WIRED TO CITIBANK FROM IPMCHASE | 6,000,000.00 | |
| 01/06/04 | FUNDS REC | FNDS WIRED TO CITIBANK FROM GOLDMAN SACHS CO | 556.00 | |
| TOTAL | $6,000,556.00 | |||
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V824¶
EFTA00196821¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
CLEARED THROUGH ITS CLEARLY WOUNDED SUBSIDIARY¶
Bear, Steams Securities Corp.¶
One Metrotech Center North¶
Brooklyn, New York 11201-3859¶
7 of 8¶
FINANCIAL TRUST COMPANY INC¶
Transaction Detail (continued)¶
DIVIDENDS¶
STATEMENT PERIOD January 1, 2004¶
THROUGH January 30, 2004¶
ACCOUNT NUMBER¶
| DATE | DESCRIPTION | SYMBOL/CUSIP | QUANTITY | RATE ($) | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|---|---|
| 01/02/04 | MBNA CORP | KRB | 1,000,000 | 0.1000 | 100,000.00 | |
| REC 12/15/03 PAY 01/01/04 | ||||||
| TOTAL | $100,000.00 | |||||
TAXPAYER NUMBER On File¶
| LAST STATEMENT | December 31, 2003 |¶
| :--- | :--- |¶
INTEREST¶
| DATE | DESCRIPTION | SYMBOL/CUSIP | QUANTITY | RATE (%) | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|---|---|
| 01/21/04 | INT DB 12/31 - 01/20 @02,50000% BAL 7475820 AVG 4271898 | 6,229.80 | ||||
| 01/21/04 | INTEREST ON CREDIT BALANCE ACCT AT 00,50000% 12/21 - 01/20 | 398.34 | ||||
| 01/29/04 | ADJ 1/21/04 INT CHRG TO FF+7 | 1,855.96 | ||||
| TOTAL | -6,229.80 | $2,254.30 | ||||
MISCELLANEOUS¶
| DATE MO/DAY | TRANSACTION | DESCRIPTION | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|
| 01/07/04 | JOURNAL | JOURNAL FROM TYPE 1 TO 2 | 437,234.00 | |
| 01/07/04 | JOURNAL | JOURNAL FROM TYPE 1 TO 2 | 437,234.00 | |
| TOTAL | -437,234.00 | $437,234.00 |
027¶
01/31/04;09:43 001¶
EFTA00196822¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT¶
Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
CLEARED THROUGH ITS CLEARLY WOUNDED SUBSIDIARY¶
8 of 8¶
Bear, Steams Securities Corp.¶
One Metrotech Center North Brooklyn, New York 11201-3859¶
FINANCIAL TRUST COMPANY INC¶
Trades Executed Pending Settlement¶
STATEMENT PERIOD January 1, 2004¶
| SETTLEMENT DATE | TRADE DATE | TRANSACTION | DESCRIPTION | SYMBOL/CUSIP | QUANTITY | PRICE | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|---|---|---|---|
| 02/03/04 | 01/29/04 | BOUGHT | WALT DISNEY CO HOLDING CO WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED | DIS | 1,000,000.00 | 24.5543 | 24,614,305.00 | |
| TOTAL | $24,614,305.00 | $0.00 | ||||||
The above trades do not appear in any other section of this statement.¶
Your messages¶
Excess SIPC Account Protection Update¶
Effective February 16, 2004, the commercial insurer through which Bear, Stearns Securities Corp. obtains excess SIPC protection will change to Customer Asset Protection Company (“CAPCO”), a New York licensed insurance company. CAPCO has an A+ financial strength rating from Standard and Poor’s.¶
The interest, if any, charged to your account during December 2003 was computed on the net debit balance through December 30. The interest, if any, charged to your account during January 2004 is computed from December 31, 2003.¶
******* End of Statement*******¶
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EFTA00196823¶