EFTA00196922¶
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 | 6 |
Fund Activity … 7¶
Trades Not Yet Settled … 9¶
| FINANCIAL TRUST COMPANY INC |
| C/O AMERICAN YACHT HARBOR |
| 6100 RED HOOK SUTE B-3 |
| QUAETERS #2 |
| ST THOMAS VI 00802-1348 |
CLEARED THROUGH ITS¶
WHOLLY OWNED SUBSIDIARY¶
Your Portfolio at a Glance¶
Bear, Steams Securities Corp.¶
One Metrotech Center North¶
Brooklyn, New York 11201-3859¶
ACCOUNT NUMBER¶
*This portfolio includes one or more unpriced securities that are not reflected in the Total Value of Securities and the Net Equity This Period.¶
| TOTAL VALUE OF SECURITIES THIS PERIOD* | 37,891,418 |
| NET CREDIT BALANCE | 76,888 |
| MONEY MARKET FUND BALANCE | 25,497,698 |
| NET EQUITY THIS PERIOD | $63,466,004 |
| NET EQUITY LAST STATEMENT | 119,729,154 |
| CHANGE SINCE LAST STATEMENT | -56,263,150 |
| LAST STATEMENT | December 31, 2004 |¶
| :--- | :--- |¶
There are no “Stop Loss” orders or other pending buy or sell open orders on file for your account.¶
FINANCIAL TRUST COMPANY INC¶
STATEMENT PERIOD January 1, 2005¶
THROUGH January 31, 2005¶
TAXPAYER NUMBER On File¶
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.¶
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EFTA00196923¶
CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY¶
2 of 9¶
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¶
EFTA00196924¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
3 of 9¶
Cash Flow Analysis¶
| THIS PERIOD | |
| OpeningBalance | $0.00 |
| Securities Sold | 809,475.98 |
| Money Fund | 41,327,043.60 |
| Dividends/Interest | 336,783.97 |
| Miscellaneous | 475,000.00 |
| Amount Credited | $42,948,303.55 |
| Securities Bought | -339,842.12 |
| Money Fund | -781,573.46 |
| Funds Withdrawn | -41,750,000.00 |
| Amount Debited | $-42,871,415.58 |
| Net Cash Activity | 76,887.97 |
| Closing Balance | $76,887.97 |
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 | 0.00 | 76,887.97 |
| Net Cash Balance | $0.00 | $76,887.97 |
Income Summary¶
| THIS PERIOD | YEAR TO DATE | |
|---|---|---|
| Dividends | 334,896.00 | 334,896.00 |
| Credit Balance Int. | 1,887.97 | 1,887.97 |
| Total | $336,783.97 | $336,783.97 |
Portfolio Composition¶
| Cash/Cash Equivalent | 25,574,586 |
| Equities | 37,891,418 |
| Total | $63,466,004 |
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, 2005¶
THROUGH January 31, 2005¶
ACCOUNT NUMBER¶
Your Portfolio Allocation¶
TAXPAYER NUMBER On File¶
| LAST STATEMENT | December 31, 2004 |¶
| :--- | :--- |¶
EFTA00196925¶
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¶
4 of 9¶
Your Portfolio Holdings¶
CASH & CASH EQUIVALENTS¶
STATEMENT PERIOD January 1, 2005¶
| DESCRIPTION | SYMBOL/CUSIP | QUANTITY | PRICE | MARKET VALUE | ESTIMATED ANNUAL INCOME | CURRENT YIELD (%) |
|---|---|---|---|---|---|---|
| CASH BALANCE | 76,888 | |||||
| DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES EST. 30 DAY AVG YIELD 2,1700% | DICXX | 25,497,697.67 | 1.0000 | 25,497,698 | 509,954 | 2.0000 |
| TOTAL CASH & CASH EQUIVALENTS | $25,574,586 | $509,954 |
FINANCIAL TRUST COMPANY INC¶
THROUGH January 31, 2005¶
ACCOUNT NUMBER¶
| LAST STATEMENT | December 31, 2004 |¶
| :--- | :--- |¶
TAXPAYER NUMBER On File¶
EQUITIES¶
Equities & Options¶
The research ratings for Bear Stearns (BSC) are shown for certain securities covered by the Firm’s Equity Research Department. The first rating represents the stock’s total return relative to the other stocks covered by that Analyst. The key for the stock rating values is as follows: O = Outperform; P = Peer Perform; U = Underperform. The second rating represents the rating of the coverage universe relative to the regional broader market index. The key for the sector rating is as follows: MO = Market Overweight; MW = Market Weight; MU = Market Underweight. In cases where a BSC rating is present, the name of an independent, third-party research provider and their rating may also be displayed, where such research is available. The various providers have normalized their ratings systems as follows: B = Buy; H = Hold; S = Sell. The ratings information contained herein is for informational purposes only and is not intended to provide tax, legal or investment advice. Bear Stearns is neither soliciting any action based on such information, nor endorsing any recommendation or opinion expressed by any independent, third-party research provider. The symbol indicates that continuing coverage of the subject company is temporarily not available due to legal reasons.¶
Independent, third-party research on certain companies covered by the Firm’s research is available to customers of Bear Stearns at no cost. Customers can access this research at www.bearstearns.com or can call (800) 517-2327 to request that a copy of this research be sent to them.¶
| DESCRIPTION | SYMBOL/CUSIP | ACCT TYPE | QUANTITY | PRICE | MARKET VALUE | ESTIMATED ANNUAL INCOME | CURRENT YIELD (%) |
|---|---|---|---|---|---|---|---|
| BEAR STEARNS COMPANIES INC | BSC | CASH | 300,000 | 101.0600 | 30,318,000 | 300,000 | 0.9895 |
| DEERFIELD TRIARC CAP CORP ACCREDITED INVESTORS | CASH | 1,000,000 | Unpriced | ||||
| IFIL(IST FIN ITAL) EUR1 INVST CL | IFPSF | CASH | 100,000 | 4.5820 | 458,200 | 8,000 | 1.7460 |
027¶
02/01/05;07:55 001¶
EFTA00196926¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
CLEARED THROUGH ITS WHOLLY OWNED SUBSDIARY¶
5 of 9¶
Bear, Steams Securities Corp.¶
One Metrotech Center North¶
Brooklyn, New York 11201-3859¶
Equities & Options (continued)¶
Your Portfolio Holdings (continued)¶
FINANCIAL TRUST COMPANY INC¶
| DESCRIPTION | SYMBOL/CUSIP | ACCT TYPE | QUANTITY | PRICE | MARKET VALUE | ESTIMATED ANNUAL INCOME | CURRENT YIELD (%) |
|---|---|---|---|---|---|---|---|
| KERZNER INTERNATIONAL LTD BSC RATING: STOCK P/SECTOR MW NED DAVIS RESEARCH RATING: B | KZL | CASH | 10,000 | 60.3300 | 603,300 | ||
| TOO INC BSC RATING: STOCK P/SECTOR MW GARP RESEARCH RATING: B | TOO | CASH | 50,000 | 27.1600 | 1,358,000 | ||
| VECTOR GROUP LTD | VGR | CASH | 276,990 | 16.2400 | 4,498,318 | 443,184 | 9.8522 |
| WYNN RESORTS LTD BSC RATING: STOCK O/SECTOR MW WALL STREET STRATEGIES RATING: B | WYNN | CASH | 10,000 | 65.5600 | 655,600 | ||
| Total Equities& Options | $37,891,418 | $751,184 | |||||
| TOTAL EQUITIES | $37,891,418 | $751,184 |
STATEMENT PERIOD January 1, 2005¶
THROUGH January 31, 2005¶
ACCOUNT NUMBER¶
| LAST STATEMENT | December 31, 2004 |¶
| :--- | :--- |¶
TAXPAYER NUMBER On File¶
| YOUR PORTFOLIOHOLDINGSESTIMATED ANNUAL INCOME | $1,261,138 |
| YOUR PRICED PORTFOLIOHOLDINGS | $63,466,004 |
027¶
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V870¶
EFTA00196927¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY¶
Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859¶
6 of 9¶
FINANCIAL TRUST COMPANY INC¶
Transaction Detail¶
INVESTMENT ACTIVITY¶
| SETTLEMENT DATE | TRADE DATE | TRANSACTION | DESCRIPTION | SYMBOL/CUSIP | QUANTITY | PRICE | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|---|---|---|---|
| 01/03/05 | 12/29/04 | BOUGHT | KERZNER INTERNATIONAL LTD AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED | KZL | 5,600 | 60.62520 | 339,842.12 | |
| 01/03/05 | 12/29/04 | SOLD | VECTOR GROUP LTD UNSOLICITED SEE NOTE "S" ON BACK | VGR | -50,000 | 16.25000 | 809,475.98 | |
| TOTAL | $-339,842.12 | $809,475.98 | ||||||
DEPOSITS AND WITHDRAWALS¶
| DATE | TRANSACTION | DESCRIPTION | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|
| 01/03/05 | FND WIRED | MDA# CUSTODIAL_TRUST COMPANY FNDS WIRED TO | 20,000,000.00 | |
| 01/03/05 | FND WIRED | CITRANK_NA BOOK | 20,000,000.00 | |
| 01/05/05 | FND WIRED | MDA MELLON_BANK N A B00000 | 1,000,000.00 | |
| 01/06/05 | FND WIRED | MDA# MELLON_BANK N A B00000 | 750,000.00 | |
| TOTAL | -41,750,000.00 | |||
027¶
02/01/05;07:55 001¶
EFTA00196928¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY¶
Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859¶
7 of 9¶
FINANCIAL TRUST COMPANY INC¶
Transaction Detail (continued)¶
| DATE MO/DAY | TRANSACTION | DESCRIPTION | SYMBOL/CUSIP | QUANTITY | PRICE | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|---|---|---|
| 01/01/05 | OPENINGBALANCE | 65,990,490.35 |
| 01/03/05 | SOLD | DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES | DICXX | -40,000,000 | 1.0000 | 40,000,000.00 | |
| 01/03/05 | REINVEST | DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES DIVIDEND REINVEST | DICXX | 52,677.46 | 52,677.46 | ||
| 01/03/05 | DIVIDEND | DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES AMT INCLUDED IN 2004 - 1099 | DICXX | 52,677.46 | |||
| 01/05/05 | SOLD | DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES | DICXX | -524,366.14 | 1.0000 | 524,366.14 | |
| 01/06/05 | BOUGHT | DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES | DICXX | 728,896 | 1.0000 | 728,896.00 | |
| 01/06/05 | SOLD | DREYFUS CASH MANAGEMENT-CL A INSTITUTIONAL SHARES | DICXX | -750,000 | 1.0000 | 750,000.00 |
| 01/31/05 | CLOSINGBALANCE | 25,497,697.67 | |
| TOTAL | -781,573.46 | $41,327,043.60 | |
DIVIDENDS¶
| DATE | DESCRIPTION | SYMBOL/CUSIP | QUANTITY | RATE($) | DEBIT AMOUNT | CREDIT AMOUNT |
| 01/03/05 | MBNA CORPREC 12/15/04 PAY 01/01/05 | KRB | 50,000 | 0.1200 | 6,000.00 | |
| 01/06/05 | WALT DISNEY CO HOLDING COREC 12/10/04 PAY 01/06/05 | DIS | 1,057,900 | 0.2400 | 253,896.00 |
027¶
02/01/05;07:55 001¶
EFTA00196929¶
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¶
8 of 9¶
FINANCIAL TRUST COMPANY INC¶
Transaction Detail (continued)¶
DIVIDENDS (continued)¶
| DATE | DESCRIPTION | SYMBOL/CUSIP | QUANTITY | RATE ($) | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|---|---|
| 01/28/05 | BEAR STEARNS COMPANIES INC REC 01/14/05 PAY 01/28/05 | BSC | 300,000 | 0.2500 | 75,000.00 | |
| TOTAL | $334,896.00 | |||||
THROUGH January 31, 2005¶
STATEMENT PERIOD January 1, 2005¶
ACCOUNT NUMBER¶
| LAST STATEMENT | December 31, 2004 |¶
| :--- | :--- |¶
TAXPAYER NUMBER On File¶
INTEREST¶
| DATE | DESCRIPTION | SYMBOL/CUSIP | QUANTITY | RATE (%) | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|---|---|
| 01/21/05 | INTEREST ON CREDIT BALANCE | 1,887.97 | ||||
| ACCT | ||||||
| AT 01,50000% T2/20 - 01/20 | ||||||
| TOTAL | $1,887.97 | |||||
MISCELLANEOUS¶
| DATE MO/DAY | TRANSACTION | DESCRIPTION | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|
| 01/05/05 | JOURNAL | JOURNAL FROM TYPE 2 TO 1 | 6,000.00 | |
| 01/05/05 | JOURNAL | FROM | 150,000.00 | |
| 01/05/05 | JOURNAL | FROM | 325,000.00 | |
| 01/05/05 | JOURNAL | JOURNAL FROM TYPE 2 TO 1 | 6,000.00 | |
| 01/06/05 | JOURNAL | JOURNAL FROM TYPE 2 TO 1 | 253,896.00 | |
| 01/06/05 | JOURNAL | JOURNAL FROM TYPE 2 TO 1 | 253,896.00 | |
| TOTAL | -259,896.00 | $734,896.00 | ||
027¶
02/01/05;07:55 001¶
EFTA00196930¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶
CLEARED THROUGH ITS CLEARLY WOUNDED SUBSIDIARY¶
9 of 9¶
Bear, Steams Securities Corp.¶
One Meterobite 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 |
|---|---|---|---|---|---|---|---|---|
| 02/01/05 | 01/27/05 | BOUGHT | COLGATE PALMOLIVE CO UNSOLICITED | CL | 200,000.00 | 52.4197 | 10,495,945.00 | |
| TOTAL | $10,495,945.00 | $0.00 | ||||||
The above trades do not appear in any other section of this statement.¶
******* End of Statement******¶
027¶
02/01/05;07:55 001¶
EFTA00196931¶