EFTA01142015.pdf

SOUTHERN TRUST COMPANY, INC. FINANCIAL REPORT AS OF June 30, 2013 EFTA01142015  SOUTHERN TRUST COMPANY, INC. Statement of Assets, Liabilities and Shareholder's Equity Income Tax Basis as of June 30, 2013 ASSETS Current assets Cash and cash equivalents $ 24,744,690 Due from brokers 544,381 Marketable securities, at cost 5,474,980 Total current assets $ 30,764,051 Property and equipment Furniture, fixtures and equipment 3,197 Less: accumulated depreciation and amortization Property and equipment - net 3,197 Other assets Investment partnerships 500,000 Sundry other assets 28,624 Total other assets 528,624 TOTAL ASSETS $ 31,295,872 LIABILITIES AND SHAREHOLDER'S EQUITY Current liabilities Sundry current liabilities $ 41,207 Total current liabilities 41,207 Shareholder's Equity Common Stock - no par value: authorized, issued, and outstanding 1000 shares 1,000 Additional paid in capital 28,624 Retained earnings 31,225,041 Total shareholder's equity 31,254,665 TOTAL LIABILITIES AND SHAREHOLDER'S EQUITY 31,295,872 EFTA01142016  SOUTHERN TRUST COMPANY, INC. Statement of Revenues and Expenses Income Tax Basis For the Year Ended June 30, 2013 Revenues Fee income 31,500,000 Investment income 25,125 Total revenues 31,525,125 Expenses Employee costs and compensation 209,555 Occupancy expenses 48,265 Professional activites 11,136 Other operating expense 21,255 Charitable expenses 9,873 Total expenses 300,084 Net income 31,225,041 EFTA01142017