EFTA Document EFTA01406584

EFTA01406584 EFTA01406585 SOUTHERN TRUST COMPANY, INC. FINANCIAL REPORT As Of June 30, 2017 t SOUTHERN TRUST COMPANY, INC. (and stibsidiaries) Statement of Assets, Liabilities and Shareholder's Equity Income Tax Basis as of June 30, 2017 ASSETS Current Assets Cash and cash equivalents Due from brokers Marketable securities, at cost 30,387,375 20,715,902 38,259,585 $ $ 89,362,862 Total Current Assets 144,486 Fixed Assets 46,700,206 Investment Partnerships, tax basis Investment In Subsidiaries Southern Financial LLC $ 161,552,065 72,149,122 233,701,187 Haze Trust 3,773,108 Other Assets $ 373,681,849 TOTAL ASSETS LIABILITIES AND SHAREHOLDER'S EQUITY Current Liabilities $ 35,193 Accounts payable 35,193 Total Current Liabilities $ Long term Liabilities Shareholder loan $ 30,500,000 30,500,000 Total Long term Liabilities $ Shareholder's Equity Common Stock 1,000 38,798,643 304,347,013 Additional paid in capital Retained earnings EFTA01406586 343,146,656 Total Shareholder's Equity TOTAL LIABILITIES AND SHAREHOLDER'S EQUITY $ 373,681,849 SOUTHERN TRUST COMPANY, INC. (and subsidiaries) Sbatemen't of Revenues and Expenses Income Tax Basis For the Period Jan 1, 2017 thru June 30, 2017 Revenues Fee income Dividends and interest Short term capital losses Long term capital gains Other net investment losses Subsidiary equity income - Southern Financial LLC Subsidiary equity income - Haze Trust Total Revenues $ 8,000,000 1,303,192 (70,947) 4,782,837 (152,000) 1,612,744 521,009 15,996,835 E:Aenses Employee costs and compensation Occupancy and related expenses Professional and consulting expenses Other operating expenses Charitable expenses 511,194 63,367 1,272,672 102,865 20,500 1,970, 598 Total Expenses 14,026, 237 Net Income $ EFTA01406587