United States Virgin Islands

United States Virgin Islands ECONOMIC DEVELOPMENT COMMISION ANNUAL REPORT Fiscal/Calendar Year Ending December 31. 2009 TNIseasta AGSM Financial Trust Company. Inc. Gross Sales (Ineligible Sales) 8 Eligible for Tax Benefits ( $ )$ 100000 Other Income (Ineligible) 8 Eligible for Tax Benefits ( $ )$ -16947243 Gross Wages Paid in the V.I. (Include vacation 8 sick pay, bonuses. overtime. etc.) $ 718715 Average No. of Employees; Full Time 8 (Part Time/Other)... 10 Average No. of Residents: Full Time 8 (Part Time/Other)... 9 Average No. of Non-Residents: Full Time 8 (Part Time/Other).. Other Employee Costs (Unemployment 8 health insurance. pension, allowance. etc.) $ 207563 Employee Income Taxes Paid and Withheld 191454 TAXES AND DUTIES (Provide dollar amount paid, and value of exemption/refund for each tax) Gross Receipts: Amount Paid Dollar Value of Exemption Real Property Tax: Amount Paid Dollar Value of Exemption Excise Taxes: Total Paid Dollar Value of Exemption/Refund Income Taxes: Total Paid Dollar Value of Exemption/Refund Customs Duties: Total Paid Dollar Value of Exemption/Refund Other: Hotel room taxes paid Other Taxes. Fee Paid to V.I. Government TOTAL TAXES PAID: TOTAL VALUE OF EXEMPTIONS AND OR REFUNDS: 4000 1297 1297 4000 EXPENDITURES FOR GOODS, SERVICES, PLANT & EQUIPMENT Goods and Services: Raw materials. components Food. beverage Freight Charges Eligible Supplier V.I. Suppliers Non-Local Totals Insurance 2640 12124 3570 $ 18334 Legal/ Accounting 115143 382306 $ 497449 Advertising / Promotion 1798 1798 Utilities (tel.. water. elect. etc.) 35952 35952 Interest 8 Other Bank Chg. Supplies 3709 14454 806 $ 18969 Repairs/Maintenance 1521 4215 5736 Other (List Separately) 19000 110425 395 $ 129820 Subtotal, Goods and Svcs: 26870 294111 387077 $ 708058 Capital Expenditures: Building 8 Improvements Leasehold Improvements Machinery / Equipment 10455 10455 Furniture / Fixtures Vehicles Other (List Separately) Subtotal, Capital Expend: 10455 10455 GRAND TOTALS 26870 304566 387077 $ 718513 CUMULATIVE CAPITAL EXPENDITURES UNDER EDC CERTIFICATE 705364 Name/Signature of Preparer: Date: tsrateJ Jeanne Brennan iPrO4 NaM0) Telephone Number: EFTA00725863 Fiscal/Calendar Year Ending December 31. 2009 Company Name: Financial Trust Company. Inc. PLANT & EQUIPMENT -Other V.I. Suppliers Non-Local Totals EXPENDITURES FOR GOODS, SERVICES, Eligible Supplier Goods and Services: Dues and subscribtions 1020 395 S 1415 Seminars and education 1328 1328 Postage and delivery 2284 S 2284 Travel and related 6518 S 6518 Meals and transportaion 4311 S 4311 EDC Fees 19000 - S 19000 Rent 93779 S 93779 Other expenses 1185 1185 Subtotal, Goods and Svcs: 19000 110425 395 $ 129820 EXPENDITURES FOR CHARITABLE CONTRIBUTIONS V.I. Educational V.I. Charity V.I. Foundation Funding Totals Company 25000 14580 - S 39580 Foundation 6000 6825 - S 12825 31000 21405 S 52405 EFTA00725864