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Gladys H. Abell
George T Abell

 

Summary Financial Information

June 30, 2008


NET ASSETS

 

Market Value

Carrying Value
Cash and cash equivalents $      822,288 $       822,288
Marketable Securities 144,559,509 140,080,926
Real estate and minerals 8,668,750 1,029,813
Other assets 40,513 40,513
______________ ______________
$ 154,091,360 $ 141,973,540
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CORPUS

 

July 1, 2007 $  144,689,388
ADD:
Interest and dividends $   4,906,071
Royalties 1,407,134
Capital gain 846,382
Other 149,937 $    7,309,524
_______________
DEDUCT:
Grants $   8,598,806
Administrative expenses 1,266,389
Production and ad valorem taxes 160,177
$    10,025,372
_________________
June 30, 2008 $ 141,973,540
Adjustment to fair market value 12,117,820
_________________
June 30, 2008 $ 154,091,360
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