EFTA01203200.pdf

SUMMARY OF CASH FLOW - BLACK FAMILY LBF HOLDINGS BAL 2014 AND FY 2015 LDB 2011 LLC TOTAL LDB BFP APO 1 APO 2 LDB 2014 LLC GRATS INFLOWS APO - (NET DISTRIBUTION FROM BFP LP) 38,520,720 16,689,090 37,862,090 21,627,008 203,685,204 318,384,111 APO - (NET DISTRIBUTION FROM GRATS 203,685,204 (203,685,204) HERITAGE FY 2014 228,000 228,000 INFLOWS - INVESTMENTS TIMBER 16,000,000 16,000,000 ART SALE 1,840,000 1,840,000 WARREN ST 4,000,000 4,000,000 DIVIDENDS 482,906 579,158 1,062,064 QUADRANGLE DISTRIB 1,381,087 1,381,087 TOTAL INFLOWS 244,045,924 33,399,995 579,158 43,243,177 21,627,008 342,895,262 OUTFLOWS • INVESTMENT FCI CAPITAL CALL (10,000,000) (10,000,000) COF III CONINVEST III CAPITAL CALL (5,736,524) (5,736,524) ATHENE CAPITAL CALL (40,000,000) (40,000,000) SEARCHLIGHT CAPITAL CALL (450,000) (450,000) TENFORE CAPITAL CALL (500,000) (500,000) PHAIDON/ PUBLISHING ARTSPACE (2,550,000) (2,550,000) PHAIDON PRESS (716,400) (5,308,680) (6,025,080) REGAN ARTS (799,252) (4,256,869) (5,056,122) OUTFLOWS • PERSONAL HOUSEHOLD (15,000,000) (15,000,000) TOWNHOUSE - CONSTRUCTION (3,615,370) (7,384,630) (11,000,000) SH MEADOW CONSTRUCTION & EXP (6,320,000) (6,320,000) MIAMI PROPERTY (8,000,000) (8,000,000) BOAT (4,284,000) (4,284,000) PLANE (6,468,000) (6,468,000) FAMILY OFFICE (2,596,000) (2,596,000) BOFA ART LOAN (8,862,652) (8,862,652) ART EXPENSE CONSULTANT/ INSURANCE (700,000) (700,000) LEGAL & ACCOUNTING (200,000) (200,000) CHARITY NOT FUNDED WITH LISTED SEC (24,883,405) (24,883,405) CHARITY ADD'L (21,000,000) (21,000,000) IRS' (42,839,829) (42,839,829) NYS/ CA/ IA TAX• (27,290,630) (27,290,630) USE TAX (5,000,000) (1,308,000) (102,000) (6,410,000) TOTAL OUTFLOWS (160,143,886) (58,832,524) (10,658,282) (26,537,549) (256,172,242) NET IN (OUT) 83,902,037 (25,432,529) (10,079,124) 16,705,628 21,627,008 86,723,020 INTRA-FAMILY TRANSFERS INT ON DEBT (44,650,533) 44,650,533 39,251,505 (25,432,529) 34,571,409 16,705,628 21,627,008 86,723,020 • BAL DUE BY 4/15/16: IRS $7.2MM; NYS $4.5MM EFTA01203200