EFTA02725304

2006 BLACK FAMILY TRUST SUMMARY OF TRUST ACCOUNTING INCOME 2007-2012 DESCRIPTION 2007 2008 2009 2010 2011 2012 TOTAL per Trust accounting (Sch A-2 - pgs 36.50) Partnership Distributions Apollo Credit Opp Fund I $ 54,785,356 $ 8,405,145 $ 25,921,685 $ 72,572,319 161,684,505 Black Family Partners LP 5,041,180 14,288,749 97,064,735 82,409,654 198,804,318 59,826,536 $ 22,693,894 $ 122,986,420 $ 154,981,973 $ 360,488,823 Dividend Income $ 619,169 878,277 810,821 810,822 637,074 3,756,163 Interest Income $ 11,704,160 7,676,706 53,337 59,988 8,118 1,775 19,504,084 Grantor Loan Interest Income 3,700,295 1,697,397 352,955 5,750447 Management Fee Income 3,780,599 393,213 4,173,812 TOTAL $ 15,404,455 5 9,993,272 $ 61,111,105 $ 27,345,302 $ 124,198,573 $ 155,620,822 393,673,529 EFTA_R1_02212790 EFTA02725304 2006 BLACK FAMILY TRUST SUMMARY OF DISTRIBUTIONS 2007-2012 DESCRIPTION 2007 2008 2009 2010 2011 2012 TOTAL (Rh E + Sch E-1) INCOME DISTRIBUTIONS: Leon Black $ 18,914,231 19,288,749 $ 92,064,735 $ 82,409,654 $ 212,677,369 • PRINCIPAL DISTRIBUTIONS: GRAT Annuity Payments Judahs' Trusts $ 284,725,234 5 341,670,279 $ 626,395513 Disbursements on behalf of Black Famity Partners 125,988,501 125,988,501 Benjamin Black 120,000 120,000 TOTAL $ 410,713,735 $ 341,670,279 18,914,231 $ 19,288,749 92,064.735 $ 82,529.654 $ 965,181,383 • DISTRIBUTION OF INCOME SUBSEQUENT TO DECEMBER 31, 2012 Third Quarter 2012 Dividend Income • Distributed on January 13, 2013 $ 10,825,800 Total Income Distributions Paid through December 31, 2012 212,677,369 Total Income Distributions (accounting income through quarter ended September 30, 2012) 5 223,503,169 EFTA_R1_02212791 EFTA02725305 2006 BLACK FAMILY TRUST RECONCILIATION OF CASH ON HAND DECEMBER 31, 2012 Principal Balance Income Balance Combined Balances Balances Per Bank statements DESCRIPTION (Sch G) (Sch G-1) (Sch G + Sch G-1) (G/L) Bank of America 2006 Trust Account $ 10,000.00 $ 1.51 $ 10,002 $ 10,002 JPM 18559007 (3,593,288.25) 3,756,578.39 163,290 163,291 USTC 11.9582-4 1,494,576.07 37.00 1,494,613 1,494,613 USTC 11-9583-2 644,275.33 501,989.28 1,146,265 1,146,265 USTC 4548 / 5828049 (144,149,119.44) 171,529,996.48 27,380,877 27,380,877 USTC 4902 / 5828403 (14,913,878.06) 15,040,223.54 126,345 126,345 USTC 6216 (394,793.92) 470,925.80 76,132 76,132 TOTAL $ (160,902,228.27) $ 191,299,752.00 $ 30,397,524 $ 30,397,524 EFTA_R1_02212792 EFTA02725306 SURROGATE'S COURT OF THE STATE OF NEW YORK COUNTY OF NEW YORK ACCOUNTING OF Leon D. Black John J. Hannan as Trustees of BLACK FAMILY 2006 TRUST File No: ACCOUNTING BY: Executor Administrator X Other [specify] Trustee TO THE SURROGATE'S COURT OF THE COUNTY OF NEW YORK: The undersigned does hereby render the account of the proceedings as follows: Period of account from December 21, 2006 to December 31, 2012 This is a first intermediate account containing the following schedules. PRINCIPAL Schedule A Principal Received 4 Schedule AA Subsequent Receipts of Principal 5 Schedule A-1 Realized Increases 6 Schedule B Realized Decreases 7 Schedule C Administration Expenses and Taxes 13 Schedule C-1 Unpaid Administration Expenses 17 Schedule E Distributions of Principal 18 Schedule F New Investments, Exchanges and Stock Distributions 20 Schedule G Principal Remaining on Hand 33 INCOME Schedule AA-1 Income Received 35 Schedule A-2 Income Collected 36 Schedule A-3 Realized Increases 51 Schedule B-1 Realized Decreases 52 Schedule C-2 Administration Expenses Chargeable to Income 53 Schedule El Distributions of Income 54 Schedule F-1 New Investments, Exchanges and Stock Distributions 56 Schedule G-1 Income Remaining on Hand 57 OTHER EFTA_R1_02212793 EFTA02725307 SUMMARY STATEMENT PRINCIPAL ACCOUNT CHARGES: Schedule "A" (Principal Received) 0.00 Schedule "AA" (Subsequent Receipts of Principal) 1,087,387,810.56 Schedule "A-1" (Realized Increases in Principal) 0.00 Total Principal Charges $ 1,087,387,81036 CREDITS: Schedule "B" (Realized Decreases in Principal) 0.00 Schedule "C" (Administration Expenses and Taxes) 495,46534 Schedule "E" (Distributions of Principal) 752,504,014.00 Total Principal Credits Principal Balance on Hand Shown by Schedule "G" INCOME ACCOUNT CHARGES: Schedule "A-2" Total Income Charges CREDITS: Schedule "C-2" Schedule "E-1" Total Income Credits (Income Collected) (Administration Expenses) (Distributions of Income) Balance of Undistributed Income as Shown in Schedule "0-1" $ 752,999,479.54 $ 334,388,331 02 $ 393,673,530.30 $ 393,673,530.30 247,732.77 212,677,369.00 $ 212,925,101.77 $ 180,748,428.53 EFTA_R1_02212794 EFTA02725308 SUMMARY STATEMENT COMBINED ACCOUNTS Principal on Hand : Cash $ (150,788,164.74) Other Property 485,176,495.76 Total $ 334,388,331.02 Income on Hand : Cash $ 180,748,428.53 Other Property 0.00 Total 180,748,428.53 Total on Hand as of December 31, 2012 $ 515 136 759.55 The foregoing principal balance of $334,388,331.02 consists of $(150,788,164.74) in cash and $485,176,495.76 in other property on hand as of the 31st day of December, 2012. It is subject to deductions of estimated principal commissions amounting to $0.00, shown in Schedule I and to the proper charge to principal of expenses of this accounting. The foregoing income balance of $180,748,428.53 consists of $180,748,428.53 in cash and $0.00 in other property on hand as of the 31st day of December, 2012. It is subject to deductions of estimated income commissions amounting to $0.00, shown in Schedule I and to the proper charge to income of expenses of this accounting. The attached schedules are part of this account. Leon D. Black Trustee John J. Hannan Trustee EFTA_R1_02212795 EFTA02725309 BLACK FAMILY 2006 TRUST Schedule A Statement of Principal Received Inventory Value None Page 1 (4) EFTA_R1_02212796 EFTA02725310 BLACK FAMILY 2006 TRUST Schedule AA Statement of Subsequent Receipts of Principal Date Received Receipts Subsequent to Inventory 04/30/2007 USTC 4548 / 5828049 07/31/2007 Black Family Partners LP Inventory Value 431,696,805.00 460,545,600.00 07/31/2007 USTC 4548 / 5828049 2,388,409.62 08/31/2007 USTC 4548 / 5828049 5,312.31 01/01/2008 Black Family Partners LP 115,787,745.00 05/31/2008 Black Family Partners LP 20,911.63 10/31/2008 Black Family Partners LP 50,000,000.00 12/31/2008 Black Family Partners LP 20,135,706.00 12/31/2008 Black Family Partners LP 6,797,321.00 11/05/2012 Bank of America 2006 Trust Account 10,000.00 Total Receipts Subsequent To Inventory $ 1,087,387,810.56 Total Schedule AA $ 1,087,387,810.56_ Page I (5) EFTA_R1_02212797 EFTA02725311 BLACK FAMILY 2006 TRUST Schedule A-I Statement of Increases on Sales, Liquidation or Distribution Total None Page 1 Proceeds or Distribution Value Inventory Value (6) Increase $ 0.00 5_ 0.00 EFTA_R1_02212798 EFTA02725312 BLACK FAMILY 2006 TRUST Schedule B Statement of Decreases Due to Sales, Liquidation, Collection, Distribution, or Uncollectibility Collections Proceeds or Inventory Distribution Value Value Decrease 07/31/2007 Black Family Partners LP $ 460,545,600.00 $ 460,545,600.00 $ 0.00 Strategic Proceeds 01/01/2008 Black Family Partners LP 115,787,745.00 115,787,745.00 0.00 05/31/2008 Black Family Partners LP 20,911.63 20,911.63 0.00 10/31/2008 Black Family Partners LP 50,000,000.00 50,000,000.00 0.00 12/31/2008 Black Family Partners LP 6,797,321.00 6,797,321.00 0.00 12/31/2008 Black Family Partners LP 20,135,706.00 20,135,706.00 0.00 12/31/2009 Black Family Partners LP 5,000,000.00 5,000,000.00 0.00 02/28/2011 Loan Payable - BPF 33,000,000.00 33,000,000.00 0.00 07/31/2012 Black Family 1997 Trust 6,000,000.00 6,000,000.00 0.00 Loan Payment of Loan 10/31/2012 Due to Black Family 125,936.47 125,936.47 0.00 Partners 1.P From HAO Total Collections 697.413.220.10 $ 697.413.220.10 $ 0.00 Distributions 12/31/2007 Black Family Partners LP $ 50,000,000.00 $ 50,000,000.00 $ 0.00 Lone Cascade 12/31/2007 Black Family Partners LP 900,000.00 900,000.00 0.00 HAO Capital Fund 12/31/2007 Black Family Partners LP 10,315,748.00 10,315,748.00 0.00 Portland Global 12/31/2007 Black Family Partners LP 32,122,793.00 32,122,793.00 0.00 Knowledge Universe 12/31/2007 Black Family Partners LP 1,992,376.00 1,992,376.00 0.00 Icrete LLC 12/31/2007 Black Family Partners LP 435,398.00 435,398.00 0.00 Apollo Fund V $ 95.766.315.00 $ 95.766.315.00 $ 0.00 Page I (7) EFTA_R1_02212799 EFTA02725313 Schedule II (Continued) Proceeds or Distribution Value Inventory Value Decrease Distributions Total Distributions Redemptions 04/30/2007 0 Par $ 739,755,802.10 $ 739,755,802.10 $ 0.00 Commercial Paper 05/31/2007 0 Par 19,912,500.00 19,912,500.00 0.00 Commercial Paper Sale of JP Morgan Chase 05/31/2007 0 Par 449,027,211.99 449,027,211.99 0.00 Commercial Paper 05/31/2007 USTC NA MRA / BA 37,855.00 37,855.00 0.00 M/MKT 06/30/2007 0 Par 319,576,082.43 319,576,082.43 0.00 Commercial Paper 06/30/2007 USTC NA MRA / BA 5,974,924.00 5,974,924.00 0.00 M/MKT 07/31/2007 0 Par 275,613,490.57 275,613,490.57 0.00 Commercial Paper 07/31/2007 0 Par 413,904,725.68 413,904,725.68 0.00 Commercial Paper 07/31/2007 USTC NA MRA / BA 2,522,299.00 2,522,299.00 0.00 M/MKT 07/31/2007 USTC NA MRA / BA 82,966.00 82,966.00 0.00 M/MKT 08/31/2007 0 Par 469,950,839.12 469,950,839.12 0.00 Commercial Paper 08/31/2007 0 Par 520,194,272.58 520,194,272.58 0.00 Commercial Paper 08/31/2007 USTC NA MRA / BA 987,988.00 987,988.00 0.00 M/MKT 08/31/2007 USTC NA MRA / BA 46,724.00 46,724.00 0.00 M/MKT 09/30/2007 0 Par 379,562,391.47 379,562,391.47 0.00 Commercial Paper Page 2 (8) EFTA_R1_02212800 EFTA02725314 Schedule B (Continued) Redemptions 09/30/2007 10/31/2007 10/31/2007 10/31/2007 10/31/2007 10/31/2007 11/30/2007 11/30/2007 11/30/2007 11/30/2007 11/30/2007 USTC NA MRA / BA M/MKT 12/31/2007 5,800,000 Par American Express Credit Corp 12/31/2007 0 Par Commercial Paper 12/31/2007 0 Par Commercial Paper 12/31/2007 0 Par Commercial Paper 0 Par Commercial Paper 0 Par Commercial Paper 0 Par Commercial 1'aper USTC NA MRA / BA M/MKT USTC NA MRA / BA M/MKT USTC NA MRA / BA M/MKT Page 3 16,700,000 Par American Express Credit Corp 0 Par Commercial Paper 0 Par Commercial Paper USTC NA MRA / BA M/MKT Proceeds or Distribution Value Inventory Value $ 420,185,216.31 $ 420,185,216.31 $ 514,700,332.12 514,700,332.12 440,733,571.22 440,733,571.22 254.00 3,903,671.00 2,166,769.00 16,700,000.00 254.00 3,903,671.00 2,166,769.00 16,700,000.00 469,382,492.58 469,382,492.58 384,232,137.76 384,232,137.76 40,465.00 3,807.00 5,800,000.00 40,465.00 3,807.00 5,800,000.00 373,600,899.05 373,600,899.05 30,171,202.95 30,171,202.95 325,388,125.33 325,388,125.33 (9) Decrease 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 EFTA_R1_02212801 EFTA02725315 Schedule B (Continued) Proceeds or Inventory Distribution Value Value Decrease Redemptions 12/31/2007 USTC NA MRA / BA 31,534.00 $ 31,534.00 $ 0.00 M/MKT 12/31/2007 USTC NA MRA / BA 22,528.00 22,528.00 0.00 M/MKT 01/31/2008 0 Par 350,812,693.73 350,812,693.73 0.00 Commercial Paper 01/31/2008 0 Par 224,683,393.61 224,683,393.61 0.00 Commercial Paper 01/31/2008 USTC NA MRA / BA 4,035,726.00 4,035,726.00 0.00 M/MKT 01/31/2008 USTC NA MRA / BA 5,366,660.00 5,366,660.00 0.00 M/MKT 02/29/2008 0 Par 305,591,471.52 305,591,471.52 0.00 Commercial Paper 02/29/2008 0 Par 202,075,657.09 202,075,657.09 0.00 Commercial Paper 02/29/2008 USTC NA MRA / BA 30,785.00 30,785.00 0.00 M/MKT 02/29/2008 USTC NA MRA / BA 5,292.00 5,292.00 0.00 M/MKT 03/01/2008 0 Par 290,634,601.22 290,634,601.22 0.00 Commercial Paper 03/31/2008 0 Par 417,194,080.21 417,194,080.21 0.00 Commercial Paper 04/30/2008 18,000,000 Par 18,000,000.00 18,000,000.00 0.00 American Express Credit Corp 04/30/2008 4,000,000 Par 4,000,000.00 4,000,000.00 0.00 American Express Credit Corp 04/30/2008 0 Par 43,185,957.19 43,185,957.19 0.00 Commercial Paper Page 4 (10) EFTA_R1_02212802 EFTA02725316 Schedule B (Continued) Redemptions 04/30/2008 0 Par Commercial Paper 04/30/2008 0 Par Commercial Paper 04/30/2008 0 Par Commercial Paper 04/30/2008 0 Par Commercial Paper 04/30/2008 USTC NA MRA / BA M/MKT 04/30/2008 USTC NA MRA / BA M/MKT 04/30/2008 USTC NA MRA / BA M/MKT 04/30/2008 USTC NA MRA / BA M/MKT 05/31/2008 4,700,000 Par American Express Credit Corp 05/31/2008 0 Par Commercial Paper 06/30/2008 0 Par Commercial Paper 07/31/2008 0 Par Commercial Paper 08/31/2008 0 Par Commercial Paper 09/30/2008 0 Par Commercial Paper 10/31/2008 0 Par Commercial Paper 11/30/2008 0 Par Commercial Paper Page 5 Proceeds or Distribution Value Inventory Value Decrease $ 196,478,895.98 $ 196,478,895.98 $ 0.00 127,648,117.20 127,648,117.20 91,525,233.00 47,878,284.48 22,349,714.00 46,410.00 76,088.00 14,646,599.00 4,700,000.00 0.00 91,525,233.00 0.00 47,878,284.48 0.00 22,349,714.00 0.00 46,410.00 0.00 76,088.00 0.00 14,646,599.00 0.00 4,700,000.00 0.00 185,170,403.45 185,170,403.45 167,437,127.02 167,437,127.02 80,968,835.51 80,968,835.51 209,777,591.36 209,777,591.36 122,423,468.85 122,423,468.85 109,444,626.00 109,444,626.00 20,212,466.12 20,212,466.12 0.00 0.00 0.00 0.00 0.00 0.00 0.00 EFTA_R1_02212803 EFTA02725317 Schedule B (Continued) Proceeds or Distribution Value Redemptions Inventory Value Decrease 12/31/2008 Black Family Partners LP $ 46,812,983.41 $ 46,812,983.41 $ 0.00 12/31/2008 0 Par 25,062,209.39 25,062,209.39 0.00 Commercial Paper Total Redemptions $ 9.922.488.447.60 $9.922.488.447.60 $ 0.00 Returns of Principal 08/31/2008 Apollo Credit Opp Fund I $ 4,001,054.00 $ 4,001,054.00 $ 0.00 Return of Capital Total Returns of Principal $ 4.001.054.00 $ 4.001.054.00 $ 0.00 Total Schedule B 90,719,669,036.70 50.719.669.036.70 $ 0.00 Page 6 (12) EFTA_R1_02212804 EFTA02725318 BLACK FAMILY 2006 TRUST Schedule C Statement of Administration Expenses Charged to Principal Administration Expenses Empire Valuation 06/30/2012 Valuation Services Total Interest Expense 01/31/2012 Black Family Partners LP 07/31/2012 Black Family Partners LP 10/31/2012 Black Family Partners LP 17/31/2012 Black Family Partners LP Total Reclassification $ 10,000.00 10,000.00 28,671.78 42,253.15 8,342.00 164,318.00 $ 243,584.93 12/31/2012 Reclassification of Expenses to Income (247,732.77) Total (247,732.77) US Trust Co 05/31/2009 615.75 06/30/2009 (365.75) 03/31/2012 Liabilty Hold on Account 1.00 Total 251.00 Total $ 6,103.16 Fees and Commissions US Trust Co 06/29/2007 66,890.03 09/28/2007 82,045.97 09/28/2007 71,366.72 Page 1 (13) EFTA_R1_02212805 EFTA02725319 Schedule C (Continued) Fees and Commissions US Trust Co 12/31/2007 82,375.35 12/31/2007 74,859.62 12/31/2007 Allocation of expense to Black Family Partners (153,326.34) 03/31/2008 76,129.81 03/31/2008 62,586.70 04/30/2008 25,454.93 04/30/2008 20,911.63 05/31/2008 22,351.59 06/30/2008 2.96 06/30/2008 21,953.14 07/31/2008 1,666.66 07/31/2008 21,957.36 08/31/2008 2.76 08/31/2008 21,973.19 09/30/2008 21,026.88 10/31/2008 16,244.95 11/30/2008 10,649.12 Page 2 (14) EFTA_R1_02212806 EFTA02725320 Schedule C (Continued) Fees and Commissions US Trust Co 11/30/2008 1,666.67 12/31/2008 Reversal of Expense (1,666.67) 12/31/2008 10,663.61 12/31/2008 Allocation of Expense to Black Family Partners (84,858.29) 02/28/2009 5.37 03/31/2009 5.38 04/30/2009 5.38 05/31/2009 5.38 06/30/2009 5.38 07/31/2009 499.73 08/31/2009 499.74 09/30/2009 2,249.75 10/31/2009 2,249.62 11/30/2009 2,796.75 12/31/2009 2,796.73 01/31/2010 4,377.89 09/30/2010 464.12 Page 3 (15) EFTA_R1_02212807 EFTA02725321 Schedule C (Continued) Fees and Commissions US Trust Co 12/31/2010 $ 472.81 07/31/2011 535.50 08/31/2011 Reversal of Expense (0.07) 10/31/2011 Reversal of Expense (535.43) Total 489,362.38 Total 489,362.38 Total Schedule C 495 465 54 Page 4 (16) EFTA_R1_02212808 EFTA02725322 BLACK FAMILY 2006 TRUST Schedule C-1 Statement of Unpaid Administration Expenses None Page 1 (17) EFTA_R1_02212809 EFTA02725323 BLACK FAMILY 2006 TRUST Schedule E Statement of Distributions of Principal Distribution Value Annuity Payments - Judah Trusts B-J 12/31/2007 Cash Annuity Payments to Judah Trusts 12/31/2008 Cash Annuity Payments to Judah Trusts Total To Or For Beneficiary Benjamin Black 04/30/2012 Cash Total To Or For Beneficiary Leon Black 05/31/2007 Cash 08/31/2007 Cash 09/30/2007 Cash I1/30/2007 Cash 12/31/2007 Cash Reclassification of Distribution for Annuity 12/31/2007 Cash Non-taxable interest income from Grantor 12/31/2007 Cash Reclassification of Distribution BFP 12/31/2007 Cash Reclassification of Distribution BFP 12/31/2007 Cash 12/31/2007 Cash 12/31/2008 Cash Reclassification of Distribution for Annuity 12/31/2008 Cash Page 1 (18) $ 284,725,234.00 341,670,279.00 120,000.00 50,000,000.00 100,000,000.00 20,000,000.00 70,000,000.00 (284,725,234.00) 3,700,295.00 (5,222,186.00) (25,000,000.00) 56,247,125.00 15,000,000.00 (177,450,265.00) 62,655,162.08 $ 626,395,513.00 120,000.00 EFTA_R1_02212810 EFTA02725324 Schedule E (Continued) Distribution Value Leon Black (Continued) 12/31/2008 Cash $ 114,795,102.92 Total To Or For Beneficiary 0.00 Payments on Behalf of Black Family Partners 12/31/2007 Black Family Partners LP $ 50,000,000.00 Lone Cascade 12/31/2007 Black Family Partners LP 900,000.00 HAO Capital Fund 12/31/2007 Black Family Partners LP 10,315,748.00 Portland Global 12/31/2007 Black Family Partners LP 32,122,793.00 Knowledge Universe 12/31/2007 Black Family Partners LP 1,992,376.00 Icrete LLC 12/31/2007 Black Family Partners LP 435,398.00 Apollo Fund V 12/31/2007 Cash 25,000,000.00 12/31/2007 Cash 5,222,186.00 Total To Or For Beneficiary $ 125,988,501.00 Total Distributions of Principal to Beneficiaries $ 752,504,014.00 Total Schedule E Page 2 (19) $ 752 504 014 00 EFTA_R1_02212811 EFTA02725325 BLACK FAMILY 2006 TRUST Schedule F Statement of New Investments, Exchanges and Stock Distributions New Investments American Express Credit Corp Inventory Value 06/30/2007 5,000,000 Par Purchased S 5,000,000.00 07/31/2007 8,000,000 Par Purchased 8,000,000.00 08/31/2007 4,600,000 Par Purchased 4,600,000.00 08/31/2007 18,000,000 Par Purchased 18,000,000.00 09/30/2007 400,000 Par Purchased 400,000.00 11/30/2007 4,500,000 Par Purchased 4,500,000.00 12/31/2007 4,000,000 Par Purchased 4,000,000.00 04/30/2008 4,700,000 Par Purchased 4,700,000.00 Apollo Credit Opp Fund I 04/30/2008 Purchased 75,150,000.00 06/30/2008 Purchased 593,443.00 08/31/2008 Purchased 7,114,069.00 10/31/2008 Purchased 2,396,762.00 12/31/2008 Purchased 42,906,833.00 03/31/2010 Purchased 2,942,657.00 04/30/2010 l'urchased 16,291,281.00 Apollo Inv V 05/31/2008 Purchased 9,992,240.00 12/31/2008 Purchased 617,752.72 12/31/2008 Purchased 966.53 12/31/2009 Purchased 674,569.00 Artwork - "Gun Powder on Paper" 01/31/2012 Purchased 566,150.00 1'age 1 (20) EFTA_R1_02212812 EFTA02725326 Schedule F (Continued) Inventory Value New Investments Artwork - "Matisse Nu De Dos" 12/31/2010 Purchased $ 2,000,000.00 02/28/2011 Purchased 53,133,721.88 Artwork - "The Sword" 12/31/2011 Purchased 2,850,000.00 Artwork - Head of a Woman (Fernande) 1909 11/30/2012 Purchased 7,500,000.00 Artwork - Picasso 05/31/2012 Purchased 1,350,000.00 Black Family Partners LP 05/31/2007 Purchased 32,000.00 05/31/2007 Purchased 31,968,000.00 08/09/2007 Purchased 435,398.00 11/30/2007 Purchased 10,000,000.00 12/31/2007 Purchased 2,000,000.00 12/31/2007 Purchased 900,000.00 12/31/2007 Purchased 50,000,000.00 12/31/2007 Purchased 430,917.00 04/30/2008 Purchased 3,993,734.17 04/30/2008 Purchased 456,829.72 04/30/2008 Purchased 539.60 04/30/2008 Purchased 47,878,284.48 04/30/2008 Purchased 150,000,000.00 Loan Receivable 08/31/2008 Purchased 42.16 08/31/2008 Purchased 22,086.20 08/31/2008 Purchased 20,000,000.00 10/31/2008 Purchased 60,000,000.00 Page 2 (21) EFTA_R1_02212813 EFTA02725327 Schedule F (Continued) New Investments Inventory Value 12/31/2008 Purchased $ 85,170.71 12/31/2009 Purchased 6,242,871.00 12/31/2009 Purchased 5,041,180.00 Commercial Paper 04/30/2007 Purchased 1,168,547,069.70 05/31/2007 Purchased 381,300,542.68 06/30/2007 Purchased 321,961,241.80 07/31/2007 Purchased 274,176,698.45 07/31/2007 Purchased 872,818,847.88 08/31/2007 Purchased 468,380,966.00 08/31/2007 Purchased 403,584,956.80 09/30/2007 Purchased 377,035,951.38 09/30/2007 Purchased 400,369,133.17 10/31/2007 Purchased 444,397,590.46 10/31/2007 Purchased 520,221,814.24 11/30/2007 Purchased 466,669,034.58 11/30/2007 Purchased 316,013,613.02 12/31/2007 Purchased 314,680,559.19 12/31/2007 Purchased 285,267,966.87 01/31/2008 Purchased 356,225,892.67 01/31/2008 Purchased 230,895,702.35 02/29/2008 Purchased 305,025,531.56 02/29/2008 Purchased 202,203,759.31 03/01/2008 Purchased 279,876,768.59 03/31/2008 Purchased 397,682,729.22 04/30/2008 Purchased 200,835,402.76 04/30/2008 Purchased 83,826,215.22 05/31/2008 Purchased 161,074,218.56 06/30/2008 Purchased 124,656,635.74 Page 3 (22) EFTA_R1_02212814 EFTA02725328 Schedule F (Continued) New Investments Inventory Value 07/31/2008 Purchased $140,219,410.16 08/31/2008 Purchased 126,322,336.60 09/30/2008 Purchased 106,222,331.11 10/31/2008 Purchased 8,394,610.00 11/30/2008 Purchased 18,190,342.72 12/31/2008 Purchased 6,872,179.17 12/31/2008 Purchased 146,354.23 Loan Receivable - 2009 Family Trust 08/31/2010 Purchased 5,825,000.00 08/31/2011 Purchased 6,982,000.00 08/31/2012 Purchased 8,382,350.00 Total New Investments 16,450,053,254.36 Exchanges and Stock Distributions American Express Credit Corp 06/30/2007 5,000,000 Par Purchased 5,000,000.00 07/31/2007 8,000,000 Par Purchased 8,000,000.00 08/31/2007 4,600,000 Par Purchased 4,600,000.00 08/31/2007 18,000,000 Par Purchased 18,000,000.00 09/30/2007 400,000 Par Purchased 400,000.00 36,000,000 Par On Hand $ 36,000,000.00 11/30/2007 (16,700,000) Par Redeemed see sch. B (16,700,000.00) 11/30/2007 4,500,000 Par Purchased 4,500,000.00 23,800,000 Par On Hand $ 23,800,000.00 12/31/2007 (5,800,000) Par Redeemed see sch. B (5,800,000.00) 12/31/2007 4,000,000 Par Purchased 4,000,000.00 22,000,000 Par On Hand S 22,000,000.00 Page 4 (23) EFTA_R1_02212815 EFTA02725329 Schedule F (Continued) Inventory Value Exchanges and Stock Distributions 04/30/2008 (18,000,000) 04/30/2008 4,700,000 8,700,000 04/30/2008 (4,000,000) 05/31/2008 (4,700,000) Par Redeemed $ (18,000,000.00) see sch. B Par Purchased 4,700,000.00 Par On Hand $ 8,700,000.00 Par Redeemed (4,000,000.00) see sch. B Par Redeemed (4,700,000.00) sce sch. B Apollo Credit Opp Fund I 04/30/2008 Purchased 75,150,000.00 06/30/2008 Purchased 593,443.00 08/31/2008 Purchased 7,114,069.00 08/31/2008 Return of principal (4,001,054.00) Return of Capital 10/31/2008 Purchased 2,396,762.00 12/31/2008 Purchased 42,906,833.00 03/31/2010 Purchased 2,942,657.00 04/30/2010 Purchased 16,291,281.00 On I land $ 143,393,991.00 Apollo Inv V 05/31/2008 Purchased 9,992,240.00 12/31/2008 Purchased 617,752.72 12/31/2008 Purchased 966.53 12/31/2009 Purchased 674,569.00 On Hand $ 11,285,528.25 Page 5 (24) EFTA_R1_02212816 EFTA02725330 Schedule F (Continued) Inventory Value Exchanges and Stock Distributions Artwork - "Gun Powder on Paper" 01/31/2012 Purchased On Hand $ 566,150.00 $ 566,150.00 Artwork - "Matisse Nu De Dos" 12/31/2010 Purchased 2,000,000.00 02/28/2011 Purchased 53,133,721.88 On Hand $ 55,133,721.88 Artwork - "The Sword" 12/31/2011 Artwork - Head of a Woman (Fernande) 1909 11/30/2012 Artwork - Picasso 05/31/2012 Purchased On Hand Purchased On Hand Purchased On Hand 2,850,000.00 $ 2,850,000.00 7,500,000.00 $ 7,500,000.00 1,350,000.00 $ 1,350,000.00 Black Family Partners LP 05/31/2007 Purchased 32,000.00 05/31/2007 Purchased 31,968,000.00 07/31/2007 Received 460,545,600.00 see sch. AA On Hand $ 492,545,600.00 07/31/2007 Collected (460,545,600.00) Strategic Proceeds see sch. B 08/09/2007 Purchased 435,398.00 11/30/2007 Purchased 10,000,000.00 Page 6 (25) EFTA_R1_02212817 EFTA02725331 Schedule F (Continued) Inventory Value Exchanges and Stock Distributions 12/31/2007 Purchased $ 2,000,000.00 12/31/2007 Purchased 900,000.00 12/31/2007 Purchased 50,000,000.00 On Hand 12/31/2007 Distribution see sch. E To Payments on Behalf of Black Family Partners Lone Cascade 12/31/2007 Distribution see sch. E To Payments on Behalf of Black Family Partners HAO Capital Fund 12/31/2007 Distribution see sch. E To Payments on Behalf of Black Family Partners Portland Global 12/31/2007 Distribution see sch. E To Payments on Behalf of Black Family Partners Knowledge Universe 12/31/2007 Distribution see sch. E To Payments on Behalf of Black Family Partners Icrete LLC 12/31/2007 Distribution see sch. E To Payments on Behalf of Black Family Partners Apollo Fund V 12/31/2007 Purchased 430,917.00 01/01/2008 Received 115,787,745.00 see sch. AA On Hand $ 115,787,745.00 01/01/2008 Collected (115,787,745.00) see sch. B 04/30/2008 Purchased 3,993,734.17 04/30/2008 Purchased 456,829.72 Page 7 (26) $ 95,335,398.00 (50,000,000.00) (900,000.00) (10,315,748.00) (32,122,793.00) (1,992,376.00) (435,398.00) I EFTA_R1_02212818 EFTA02725332 Schedule F (Continued) Inventory Value Exchanges and Stock Distributions 04/30/2008 Purchased 539.60 04/30/2008 Purchased 47,878,284.48 04/30/2008 Purchased 150,000,000.00 Loan Receivable On Hand $ 202,329,387.97 05/31/2008 Collected (20,911.63) see sch. B 05/31/2008 Received 20,911.63 see sch. AA 08/31/2008 Purchased 42.16 08/31/2008 Purchased 22,086.20 08/31/2008 Purchased 20,000,000.00 10/31/2008 Received 50,000,000.00 see sch. AA 10/31/2008 Purchased 60,000,000.00 On Hand $332,351,516.33 10/31/2008 Collected (50,000,000.00) see sch. B 12/31/2008 Collected (6,797,321.00) see sch. B 12/31/2008 Collected (20,135,706.00) see sch. B 12/31/2008 Purchased 85,170.71 On Hand $255,503,660.04 12/31/2008 Redeemed (46,812,983.41) see sch. B 12/31/2008 Received 20,135,706.00 see sch. AA 12/31/2008 Received 6,797,321.00 see sch. AA 12/31/2009 Purchased 6,242,871.00 On Hand $ 241,866,574.63 Page 8 (27) EFTA_R1_02212819 EFTA02725333 Schedule F (Continued) Inventory Value Exchanges and Stock Distributions 12/31/2009 Collected $ (5,000,000.00) see sch. B 12/31/2009 Purchased 5,041,180.00 On Hand $241,907,754.63 Commercial Paper 04/30/2007 Purchased 1,168,547,069.70 04/30/2007 Redeemed (739,755,802.10) see sch. B 05/31/2007 Purchased 381,300,542.68 On Hand $810,091,810.28 05/31/2007 Redeemed (19,912,500.00) Sale of JP Morgan Chase see sch. B 05/31/2007 Redeemed (449,027,211.99) see sch. B 06/30/2007 Purchased 321,961,241.80 On I land $ 663,113,340.09 06/30/2007 Redeemed (319,576,082.43) see sch. B 07/31/2007 Purchased 274,176,698.45 On Hand $617,713,956.11 07/31/2007 Redeemed (275,613,490.57) see sch. B 07/31/2007 Purchased 872,818,847.88 On Hand 8,214,919,313.42 07/31/2007 Redeemed (413,904,725.68) see sch. B 08/31/2007 Purchased 468,380,966.00 On Hand 8,269,395,553.74 08/31/2007 Redeemed (469,950,839.12) see sch. B 08/31/2007 Purchased 403,584,956.80 Page 9 (28) EFTA_R1_02212820 EFTA02725334 Schedule F (Continued) Inventory Value Exchanges and Stock Distributions On I land 8,203,029,671.42 08/31/2007 Redeemed (520,194,2'72.58) see sch. B 09/30/2007 Purchased 377,035,951.38 On Hand 8,059,871,35022 09/30/2007 Redeemed (379,562,391.47) see sch. B 09/30/2007 Purchased 400,369,133.17 On Hand 4080,678,091.92 09/30/2007 Redeemed (420,185,216.31) see sch. B 10/31/2007 Redeemed (514,700,332.12) see sch. B 10/31/2007 Purchased 444,397,590.46 On Hand $590,190,133.95 10/31/2007 Redeemed (440,733,571.22) see sch. B 10/31/2007 Purchased 520,221,814 24 11/30/2007 Purchased 466,669,034.58 On Hand 4136,347,411.55 11/30/2007 Redeemed (469,382,492.58) see sch. B 11/30/2007 Purchased 316,013,613.02 On Hand $982,978,531.99 11/30/2007 Redeemed (384,232,137.76) see sch. B 12/31/2007 Purchased 314,680,559.19 On Hand $ 913,426,953.42 12/31/2007 Redeemed (373,600,899.05) see sch. B 12/31/2007 Redeemed (30,171,202.95) see sch. B 12/31/2007 Purchased 285,267,966.87 Page 10 (29) EFTA_R1_02212821 EFTA02725335 Schedule F (Continued) Inventory Value Exchanges and Stock Distributions On Hand $794,922,818.29 12/31/2007 Redeemed (325,388,125.33) see sch. B 01/31/2008 Purchased 356,225,892.67 On Hand $825,760,585.63 01/31/2008 Redeemed (350,812,693.73) see sch. B 01/31/2008 Redeemed (224,683,393.61) see sch. B 01/31/2008 Purchased 230,895,702.35 02/29/2008 Purchased 305,025,531.56 On Hand $786,185,732.20 02/29/2008 Redeemed (305,591,471.52) see sch. B 02/29/2008 Purchased 202,203,759.31 On Hand $682,798,019.99 02/29/2008 Redeemed (202,075,657.09) see sch. B 03/01/2008 Purchased 279,876,768.59 On Hand $ 760,599,131.49 03/01/2008 Redeemed (290,634,601.22) see sch. B 03/31/2008 Redeemed (417,194,080.21) see sch. B 03/31/2008 Purchased 397,682,729.22 On Hand $450,453,179.28 04/30/2008 Redeemed (43,185,957.19) see sch. B 04/30/2008 Purchased 200,835,402.76 On Hand $608,102,624.85 04/30/2008 Redeemed (196,478,895.98) see sch. B Page I 1 (30) EFTA_R1_02212822 EFTA02725336 Schedule F (Continued) Inventory Value Exchanges and Stock Distributions 04/30/2008 Redeemed 4127,648,117.20) see sch. B 04/30/2008 Purchased 83,826,215.22 On Hand $ 367,801,826.89 04/30/2008 Redeemed (91,525,233.00) see sch. B 04/30/2008 Redeemed (47,878,284.48) see sch. B 05/31/2008 Purchased 161,074,218.56 On Hand $389,472,527.97 05/31/2008 Redeemed (185,170,403.45) see sch. 13 06/30/2008 Purchased 124,656,635.74 On Hand $328,958,760.26 06/30/2008 Redeemed (167,437,127.02) see sch. B 07/31/2008 Purchased 140,219,410.16 On Hand $301,741,043.40 07/31/2008 Redeemed (80,968,835.51) see sch. B 08/31/2008 Purchased 126,322,336.60 On Iland $347,094,544.49 08/31/2008 Redeemed (209,777,591.36) see sch. B 09/30/2008 Purchased 106,222,331.11 On iland $ 243,539,284.24 09/30/2008 Redeemed (122,423,468.85) see sch. B 10/31/2008 Purchased 8,394,610.00 On Hand $ 129,510,425.39 10/31/2008 Redeemed (109,444,626.00) see sch. B 11/30/2008 Purchased 18,190,342.72 Page 12 (31) EFTA_R1_02212823 EFTA02725337 Schedule F (Continued) Exchanges and Stock Distributions On Hand Inventory Value $ 38,256,142.11 11/30/2008 Redeemed see sch. B (20,212,466.12) 12/31/2008 Purchased 6,872,179.17 On Hand $ 24,915,855.16 12/31/2008 Redeemed see sch. B (25,062,209.39) 12/31/2008 Purchased 146,354.23 Loan Receivable - 2009 Family Trust 08/31/2010 Purchased 5,825,000.00 08/31/2011 Purchased 6,982,000.00 08/31/2012 Purchased 8,382,350.00 On Hand $ 21,189,350.00 Page 13 (32) EFTA_R1_02212824 EFTA02725338 BLACK FAMILY 2006 TRUST Schedule C Statement of Principal Remaining On Hand Cash and Cash Equivalents Bank of America 2006 Trust Account $ Inventory Value 12/31/2012 10,000.00 Due to Black Family Partners LP From HAO (125,936.47) JPM 18559007 (3,593,288.25) Loan Receivable Alexandra Samuel Black 2012 Trust 5,120,000.00 Loan Receivable Victoria R. Black 2012 Trust 5,120,000.00 USTC 11-9582-4 1,494,576.07 USTC 11-9583-2 644,275.33 USTC 4548 / 5828049 (144,149,119.44) USTC 4902 / 5828403 (14,913,878.06) USTC 6216 (394,793.92) Total Cash and Cash S (150,788,164.74) Equivalents Tangible Personal Property Artwork - "Gun Powder on Paper" 566,150.00 Artwork - "Matisse Nu Dc Dos" 55,133,721.88 Artwork - "The Sword" 2,850,000.00 Page 1 (33) EFTA_R1_02212825 EFTA02725339 Schedule G (Continued) Inventory Value 12/31/2012 Tangible Personal Property Artwork - Head of a Woman (Femande) 1909 Artwork - Picasso $ 7,500,000.00 1,350,000.00 Total Tangible Personal $ 67,399,871.88 Property Miscellaneous Apollo Credit Opp Fund I Apollo Inv V Black Family Partners LP Total Miscellaneous Par Value Mortgages & Notes Loan Receivable - 2009 Family Trust $ 143,393,991.00 11,285,528.25 241,907,754.63 21,189,350.00 $ 396,587,273.88 Total Mortgages & Notes $ 21,189,350.00 Total Schedule G Pagc 2 (34) $ 334,388,331.02 EFTA_R1_02212826 EFTA02725340 BLACK FAMILY 2006 TRUST Schedule AA-1 Statement of Income Received None Page 1 (35) EFTA_R1_02212827 EFTA02725341 BLACK FAMILY 2006 TRUST Schedule A-2 Statement of All Income Collected American Express Credit Corp 07/31/2007 Interest 1,436.10 08/31/2007 Interest 47,534.88 08/31/2007 Interest 19,587.50 09/30/2007 Interest 72,195.24 09/30/2007 Interest 23,167.96 10/31/2007 Interest 80,171.30 10/31/2007 Interest 80,916.98 11/30/2007 Interest 75,634.55 11/30/2007 Interest 75,634.55 12/31/2007 Interest 68,651.07 12/31/2007 Interest 23,981.47 01/31/2008 Interest 76,121.93 01/31/2008 Interest 22,824.51 02/29/2008 Interest 61,303.72 02/29/2008 Interest 13,622.98 03/31/2008 Interest 43,344.86 03/31/2008 Interest 9,632.18 04/30/2008 Interest 42,127.49 04/30/2008 Interest 9,361.70 05/02/2008 Interest 4,079.17 05/31/2008 Interest 23,770.49 06/30/2008 Interest 8,548.54 883,649.17 Apollo Credit Mgmt 02/29/2012 Partnership Distribution 79,719.97 04/30/2012 Partnership Distribution 61,188.83 07/31/2012 Partnership Distribution 59,550.89 10/31/2012 Partnership Distribution 79,059.76 Page 1 (36) EFTA_R1_02212828 EFTA02725342 Schedule A-2 (Continued) Apollo Credit Mgmt (Continued) Apollo Credit Opp Fund I $ 279,519.45 06/30/2009 Partnership Distribution $ 3,954,832.00 08/31/2009 Partnership Distribution 14,000,000.00 10/31/2009 Partnership Distribution 4,377,058.00 12/31/2009 Partnership Distribution 32,453,466.00 08/31/2010 Partnership Distribution 3,711,096.00 12/31/2010 Partnership Distribution 4,694,049.00 04/30/2011 Partnership Distribution 3,715,886.00 06/30/2011 Partnership Distribution 4,283,832.00 09/30/2011 Partnership Distribution 3,412,298.00 12/31/2011 Partnership Distribution 14,509,669.00 04/30/2012 Partnership Distribution 6,755,549.00 06/30/2012 Partnership Distribution 2,915,284.00 09/30/2012 Partnership Distribution 17,429,408.00 11/30/2012 Partnership Distribution 17,812,291.00 12/31/2012 Partnership Distribution 27,380,268.00 161,404,986.00 Apollo Inv V 12/31/2008 Dividend Income - MV Shares 617,752.72 12/31/2008 Dividend Income - MV Shares 966.53 12/31/2009 Dividend Income - ATV Shares 878,277.00 12/31/2010 Dividend Income - AIV Shares 811,041.16 01/31/2011 Dividend Income - MV Shares 202,731.30 04/30/2011 Dividend Income - MV Shares 202,736.46 07/31/2011 Dividend Income - MV Shares 202,740.47 10/31/2011 Dividend Income - MV Shares 202,745.47 01/31/2012 Dividend Income - MV Shares 202,751.97 04/30/2012 Dividend Income - AIV Shares 144,806.78 Page 2 (37) EFTA_R1_02212829 EFTA02725343 Schedule A-2 (Continued) Apollo Inv V (Continued) 07/31/2012 Dividend Income - MV Shares 10/31/2012 Dividend Income - MV Shares $ 144,807.42 144,806.10 $ 3.756.163.38 Bank of America 2006 Trust Account 11/30/2012 Interest 0.66 12/31/2012 Interest 0.85 1.51 Black Family 1997 Trust Loan 07/31/2012 Interest on Loan 37.00 37.00 Black Family Partners LP 12/31/2009 Partnership Distribution as part of $5,000,000 Transaction $ 5,041,180.00 09/30/2010 Partnership Distribution 14,288,749.00 01/14/2011 Partnership Distribution 11,388,308.00 01/14/2011 Partnership Distribution 11,676,427.00 04/30/2011 Partnership Distribution 5,000,000.00 04/30/2011 Partnership Distribution 12,000,000.00 04/30/2011 Partnership Distribution 5,000,000.00 05/31/2011 Partnership Distribution 2,000,000.00 06/30/2011 Partnership Distribution 5,000,000.00 06/30/2011 Partnership Distribution 2,000,000.00 09/30/2011 Partnership Distribution 23,000,000.00 12/31/2011 Partnership Distribution 20,000,000.00 01/31/2012 Partnership Distribution 3,409,654.00 03/31/2012 Partnership Distribution 30,000,000.00 04/30/2012 Partnership Distribution 6,500,000.00 05/31/2012 Partnership Distribution 10,000,000.00 06/30/2012 Partnership Distribution 13,500,000.00 Page 3 (38) EFTA_R1_02212830 EFTA02725344 Schedule A-2 (Continued) Black Family Partners LP (Continued) 10/31/2012 Partnership Distribution $ 19,000,000.00 $ 198,804,318.00 Commercial Paper 04/30/2007 Interest 244,197.90 05/31/2007 Interest on JP Morgan Chase 81,655.40 05/31/2007 Interest on Gen'l Electr 23,271.49 05/31/2007 Interest 972,788.01 06/30/2007 Interest 1,523,917.57 07/31/2007 Interest 1,486,509.43 07/31/2007 Interest 95,27432 08/31/2007 Accrued Interest on Wells (14,960.00) Fargo 08/31/2007 Interest on Wells Fargo 32,413.33 08/31/2007 Interest on Barclays 152,093.44 08/31/2007 Interest 1,821,160.88 08/31/2007 Interest on General Electric 93,980.53 08/31/2007 Interest on Lloyds Bk 86,537.50 08/31/2007 Interest on Three Pillars 88,875.92 08/31/2007 Interest 1,265,727.42 09/30/2007 Interest 72,306.66 09/30/2007 Interest 1,387,608.53 09/30/2007 Interest 1,714,783.69 09/30/2007 Interest on Washington Mut Bk 206,163.18 10/31/2007 Interest 1,449,667.88 10/31/2007 Interest First Tenn 81,464.87 10/31/2007 Interest 1,286,428.78 10/31/2007 Interest on First Tenn 92,000.01 10/31/2007 Interest on Wells Fargo 53,472.22 11/30/2007 Interest on Wells Fargo 28,800.00 Page 4 (39) EFTA_R1_02212831 EFTA02725345 Schedule A-2 (Continued) Commercial Paper (Continued) 11/30/2007 Interest $ 1,083,507.42 11/30/2007 Interest on First Tenn 28,786.67 11/30/2007 Interest 1,208,862.24 11/30/2007 Interest on Barclays 62,220.02 12/31/2007 Interest on First Tenn 29,823.99 12/31/2007 Interest 1,109,100.95 12/31/2007 Interest on First Term 25,681.77 12/31/2007 Interest on General Electric 4,822.20 12/31/2007 Interest on Goldman Sachs 16,312.23 12/31/2007 Interest on HSBC 4,595.95 12/31/2007 Interest on Merrill Lynch 638.85 12/31/2007 Interest on Prudential 4,544.20 12/31/2007 Interest 933,383.00 12/31/2007 Interest 26,700.00 12/31/2007 Interest 9,236.10 12/31/2007 Reclassification of Interest to (7,987,804.24) Black Family Partners LP 01/31/2008 Interest 1,317,306.31 01/31/2008 Interest 816,606.39 02/29/2008 Interest 808,528.48 02/29/2008 Interest 524,342.91 03/31/2008 Interest 852,919.79 03/31/2008 Interest 612,381.85 04/30/2008 Interest on American Gen Fin 2,436.40 04/30/2008 Interest on American Honda 18,951.66 04/30/2008 Interest on Bnk Nova Scotia 9,533.34 04/30/2008 Interest on Citigroup 18,025.02 04/30/2008 Interest on Dexia Del 16,975.02 04/30/2008 Interest on Du Ponte 7,680.00 04/30/2008 Interest on General Elec 15,981.72 Page 5 (40) EFTA_R1_02212832 EFTA02725346 Schedule A-2 (Continued) Commercial Paper (Continued) 04/30/2008 Interest on Shell 2,766.72 04/30/2008 Interest 480,485.69 04/30/2008 Interest 177,015.89 04/30/2008 Accrued Interest on sale 171,791.20 05/31/2008 Interest 414,596.55 06/30/2008 Interest 462,872.98 07/31/2008 Interest 231,164.49 08/31/2008 Interest 311,408.64 09/30/2008 Interest 217,531.15 10/31/2008 Interest 255,374.00 11/30/2008 Interest 87,533.88 12/31/2008 Interest 45,613.70 12/31/2008 Reclassification of Interest to (1,818,115.42) Black Family Partners LP $ 16.948.258.67 Due to Black Family Partners Partnership Income 12/31/2007 Partnership Income $ 8,671,740.72 12/31/2008 Partnership Income 1,879,582.75 12/31/2012 Partnership Income (10,551,323.47) 0.00 Interest Income from Grantor 12/31/2007 Income From Grantor 3,700,295.00 12/31/2008 Income From Grantor 1,697,397.00 12/31/2009 Interest from Grantor 352,955.00 5,750,647.00 JPM 18559007 02/28/2011 Interest 5 30.35 03/31/2011 Interest 28.01 05/31/2011 Interest 34.52 Page 6 (41) EFTA_R1_02212833 EFTA02725347 Schedule A-2 (Continued) JPM 18559007 (Continued) 06/30/2011 Interest 36.19 08/31/2011 Interest 40.52 09/30/2011 Interest 41.36 11/30/2011 Interest 46.02 12/31/2011 Interest 45.03 02/29/2012 Interest 19.21 03/31/2012 Interest 16.07 05/31/2012 Interest 17.74 06/30/2012 Interest 18.41 08/31/2012 Interest 19.48 09/30/2012 Interest 19.64 11/30/2012 Interest 1.26 12/31/2012 Interest 1.20 $ 415.01 Pass Thru Account 12/31/2007 Non Fiduciary Accounting (12.09) Adjustment from General Ledger 11/30/2010 Management fee: Apollo Cr 3,780,611.00 Opp 03/31/2011 Management fee: Apollo Cr 78,265.53 Opp 05/31/2011 Management fee: Apollo Cr 106,768.92 Opp 07/31/2011 Management fee: Apollo Cr 108,048.87 Opp 11/30/2011 Management fee: Apollo Cr 100,129.81 opP 4,173,812.04 USTC 11-9583-2 07/31/2007 Interest 398,719.01 08/31/2007 Interest 526.81 Page 7 (42) EFTA_R1_02212834 EFTA02725348 Schedule A-2 (Continued) USTC 11-9583-2 (Continued) 09/30/2007 Interest 2.18 10/31/2007 Interest 2.27 11/30/2007 Interest 2.21 12/31/2007 Interest 2.25 12/31/2007 Reclassification of Income to (399,245.82) Black Family Partners LP 03/31/2008 Interest 3.88 04/30/2008 Interest 0.06 01/31/2010 Interest 5,181.69 02/28/2010 Interest 8,060.98 03/31/2010 Interest 8,273.68 04/30/2010 Interest 6,442.31 05/31/2010 Interest 4,029.80 06/30/2010 Interest 3,900.80 07/31/2010 Interest 4,031.82 08/31/2010 Interest 3,123.20 09/30/2010 Interest 3,016.27 10/31/2010 Interest 3,119.91 11/30/2010 Interest 2,255.87 12/31/2010 Interest 2,261.79 01/31/2011 Interest 2,349.53 02/28/2011 Interest 1,828.02 03/31/2011 Interest 6.32 04/30/2011 Interest 359.68 05/31/2011 Interest 482.90 06/30/2011 Interest 467.39 07/31/2011 Interest 483.03 08/31/2011 Interest 206.73 09/30/2011 Interest 106.99 10/31/2011 Interest 111.18 Page 8 (43) r. EFTA_R1_02212835 EFTA02725349 Schedule A-2 (Continued) USTC 11-9583-2 (Continued) 11/30/2011 Interest 107.60 12/31/2011 Interest 111.19 01/31/2012 Interest 110.90 02/29/2012 Interest 103.75 03/31/2012 Interest 110.92 04/30/2012 Interest 107.35 05/31/2012 Interest 110.94 06/30/2012 Interest 107.37 07/31/2012 Interest 110.95 08/31/2012 Interest 110.96 09/30/2012 Interest 107.39 10/31/2012 Interest 97.96 11/30/2012 Interest 75.78 12/31/2012 Interest 77.66 $ 61,563.46 USTC 4548 / 5828049 01/31/2009 Interest 42,990.89 02/28/2009 Interest 25.70 03/31/2009 Interest 14.92 04/30/2009 Interest 12.34 05/31/2009 Interest 9.43 07/31/2009 Interest 7.88 07/31/2009 Interest 567.62 08/31/2009 Interest 554.30 09/30/2009 Interest 1,199.87 10/31/2009 Interest 2,219.14 11/30/2009 Interest 2,634.91 12/31/2009 Interest 2,758.85 01/31/2010 Interest 3,302.92 Page 9 (44) EFTA_R1_02212836 EFTA02725350 Schedule A-2 (Continued) USTC 4548 / 5828049 (Continued) 02/28/2010 Interest 1,871.42 03/31/2010 Interest 0.09 06/30/2010 Interest 0.34 09/30/2010 Interest 265.00 12/31/2010 Interest 196.47 01/31/2011 Interest 139.88 05/31/2011 Interest 12.21 07/31/2011 Interest 8.21 08/31/2011 Interest 226.53 09/30/2011 Interest 70.42 10/31/2011 Interest 5.61 11/30/2011 Interest 0.02 12/31/2011 Interest 0.03 01/31/2012 Interest 0.03 02/29/2012 Interest 0.03 03/31/2012 Interest 0.81 04/30/2012 Interest 0.03 05/31/2012 Interest 11.21 06/30/2012 Interest 0.03 07/31/2012 Interest 6.40 08/31/2012 Interest 0.16 09/30/2012 Interest 0.16 10/31/2012 Interest 0.03 11/30/2012 Interest 0.26 12/31/2012 Interest 49.80 59,163.95 USTC 4902 I 5828403 02/28/2010 Interest 104.74 01/31/2011 Interest 17.27 Page 10 (45) EFTA_R1_02212837 EFTA02725351 Schedule A-2 (Continued) USTC 4902 / 5828403 (Continued) 04/30/2011 Interest $ 29.85 05/31/2011 Interest 16727 06/30/2011 Interest 15.69 07/31/2011 Interest 12.04 08/31/2011 Interest 10.34 09/30/2011 Interest 14.94 10/31/2011 Interest 4.22 11/30/2011 Interest 3.99 12/31/2011 Interest 8.32 01/31/2012 Interest 5.15 02/29/2012 Interest 2.33 03/31/2012 Interest 0.02 06/30/2012 Interest 0.09 09/30/2012 Interest 0.09 10/31/2012 Interest 11.44 $ 407.79 USTC 6216 10/01/2008 Interest $ 29,6'72.13 10/31/2008 Interest 219,536.34 11/30/2008 Interest 145,335.45 12/31/2008 Interest 75,185.20 01/31/2009 Interest 40.06 02/28/2009 Interest 31.74 03/31/2009 Interest 35.15 04/30/2009 Interest 34.04 05/31/2009 Interest 30.14 06/30/2009 Interest 27.74 07/31/2009 Interest 28.72 08/31/2009 Interest 26.15 Page 11 (46) EFTA_R1_02212838 EFTA02725352 Schedule A-2 (Continued) USTC 6216 (Continued) 09/30/2009 Interest 10/31/2009 Interest 11/30/2009 Interest 12/31/2009 Interest 01/31/2010 Interest 02/28/2010 Interest 03/31/2010 Interest 04/30/2010 Interest 05/31/2010 Interest 06/30/2010 Interest 07/31/2010 Interest 08/31/2010 Interest 09/30/2010 Interest 10/31/2010 Interest 11/30/2010 Interest 12/31/2010 Interest 01/31/2011 Interest 02/28/2011 Interest 03/31/2011 Interest 04/30/2011 Interest 05/31/2011 Interest 06/30/2011 Interest 07/31/2011 Interest 08/31/2011 Interest 09/30/2011 Interest 10/31/2011 Interest 11/30/2011 Interest 12/31/2011 Interest 01/31/2012 Interest 02/29/2012 Interest Page 12 S (47) 22.66 22.36 21.56 21.73 21.74 19.64 21.75 21.05 25.40 30.98 32.03 32.04 31.02 32.07 31.05 32.09 32.11 29.01 32.13 31.11 32.16 31.14 32.19 20.98 18.70 19.33 18.71 19.34 19.29 18.05 EFTA_R1_02212839 EFTA02725353 Schedule A-2 (Continued) USTC 6216 (Continued) 03/31/2012 Interest $ 19.30 04/30/2012 Interest 18.68 05/31/2012 Interest 19.73 06/30/2012 Interest 21.60 07/31/2012 Interest 19.32 08/31/2012 Interest 19.22 09/30/2012 Interest 14.55 10/31/2012 Interest 12.89 11/30/2012 Interest 12.48 12/31/2012 Interest 11.75 $ 470,925.80 USTC NA MRA / BA M/MKT 05/31/2007 Interest 176.75 05/31/2007 Interest 43,003.27 06/30/2007 Interest 2,522.05 06/30/2007 Interest 33,652.98 07/31/2007 Interest 3,086.42 07/31/2007 Interest 78,500.25 08/31/2007 Interest 3,445.24 08/31/2007 Interest 12,328.06 08/31/2007 Interest 89.63 08/31/2007 Interest 9,843.34 09/30/2007 Interest 2,337.89 09/30/2007 Interest 2,210.77 09/30/2007 Interest 3,170.12 09/30/2007 Interest 12,659.13 10/31/2007 Interest 1,815.99 10/31/2007 Interest 4,437.65 10/31/2007 Interest 3,626.35 Page 13 (48) EFTA_R1_02212840 EFTA02725354 Schedule A-2 (Continued) USTC NA MRA / BA M/MKT (Continued) 10/31/2007 Interest 10,172.95 11/30/2007 Interest 2,906.40 11/30/2007 Interest 2,482.05 11/30/2007 Interest 2,304.59 11/30/2007 Interest 2,731.61 12/31/2007 Interest 2,353.51 12/31/2007 Interest 3,866.68 12/31/2007 Interest 2,51937 12/31/2007 Interest 1,858.01 01/31/2008 Interest 35,792.51 01/31/2008 Interest 23,013.15 02/29/2008 Interest 33,421.92 02/29/2008 Interest 20,628.57 03/31/2008 Interest 25,465.56 03/31/2008 Interest 12,591.44 04/30/2008 Interest 34,916.57 04/30/2008 Interest 22,572.53 05/31/2008 Interest 13,988.36 05/31/2008 Interest 19,585.96 06/30/2008 Interest 48.10 06/30/2008 Interest 31,627.30 07/31/2008 Interest 42.59 07/31/2008 Interest 70,100.41 08/31/2008 Interest 42.16 08/31/2008 Interest 112,869.21 09/30/2008 Interest 3.98 09/30/2008 Interest 74,754.96 10/31/2008 Interest 96,180.27 11/3onoos Interest 106,937.48 Page 14 (49) EFTA_R1_02212841 EFTA02725355 Schedule A-2 (Continued) USTC NA MRA / BA M/MKT (Continued) 12/31/2008 Interest Total Schedule A-2 Page 15 (50) $ 96,977.98 $ 1,079,662.07 $ 393,671530.30 EFTA_R1_02212842 EFTA02725356 BLACK FAMILY 2006 TRUST Schedule A-3 Statement Showing Increases Resulting from Sales or Other Disposition of Income Assets Total None Page I Proceeds or Distribution Value Inventory Value (50 Increase 0.00 $ 0.00 $ 0.00 EFTA_R1_02212843 EFTA02725357 BLACK FAMILY 2006 TRUST Schedule B-I Statement Showing Decreases Resulting from Sales or Other Disposition of Income Assets Total None Page I Proceeds or Distribution Value Inventory Value (52) Decrease 0.00 0.00 $ 0.00 EFTA_R1_02212844 EFTA02725358 BLACK FAMILY 2006 TRUST Schedule C-2 Statement of Administration Expenses Chargeable to Income Administration Expenses Reclassification 12/31/2012 Reclassification of Expenses to Income 247,732.77 Total $ 247,732.77 Total $ 247,732.77 Total Schedule C-2 $ 247a 732 O 77 nameawasmn res. Page 1 (53) EFTA_R1_02212845 EFTA02725359 BLACK FAMILY 2006 TRUST Schedule E-1 Statement of Distributions of Income Leon Black Distribution Value 12/31/2009 Cash 5,000,000.00 Distribution to Leon Black Due to 2007 Loan 12/31/2009 Cash 352,955.00 Interest on 2007 loan 12/31/2009 Cash 13,561,276.00 09/30/2010 Cash 14,288,749.00 12/31/2010 Cash 5,000,000.00 01/14/2011 Cash 11,388,308.00 01/14/2011 Cash 11,676,427.00 01/31/2011 Cash (5,000,000.00) Reversal of Prior Year Distribution 04/30/2011 Cash 5,000,000.00 04/30/2011 Cash 12,000,000.00 04/30/2011 Cash 5,000,000.00 05/31/2011 Cash 2,000,000.00 06/30/2011 Cash 2,000,000.00 06/30/2011 Cash 5,000,000.00 09/30/2011 Cash 23,000,000.00 12/31/2011 Cash 20,000,000.00 01/31/2012 Cash 3,409,654.00 03/31/2012 Cash 27,000,000.00 03/31/2012 Cash 3,000,000.00 04/30/2012 Cash 5,000,000.00 04/30/2012 Cash 1,500,000.00 05/31/2012 Cash 10,000,000.00 06/30/2012 Cash 13,500,000.00 Page 1 (54) EFTA_R1_02212846 EFTA02725360 BLACK FAMILY 2006 TRUST Schedule F-I Statement of New Investments, Exchanges and Stock Distributions of Income Assets Inventory Value Exchanges and Stock Distributions Page 1 (56) EFTA_R1_02212847 EFTA02725361 BLACK FAMILY 2006 TRUST Schedule G-1 Statement of Income Remaining On Hand Cash and Cash Equivalents Bank of America 2006 Trust Account Due to Black Family Partners Partnership Income $ Inventory Value 12/31/2012 1.51 (10,551,323.47) JPM 18559007 3,756,578.39 USTC 11-9582-4 37.00 USTC 11-9583-2 501,989.28 USTC 4548 / 5828049 171,529,996.48 USTC 4902 / 5828403 15,040,223.54 USTC 6216 470,925.80 Total Cash and Cash Equivalents Total Schedule G-1 Page 1 (57) $ 180,748,428.53 $ 180,748,428.53 EFTA_R1_02212848 EFTA02725362