SOUTHERN TRUST COMPANY, INC.
(and subsidiaries)
Statement of Revenues and Expenses
Income Tax Basis
For the Period January 1, 2015 to June 30, 2015
Revenues
Investment income 288,826
Subsidiary equity income - Southern Financial LLC 280,164
Subsidiary equity income - Haze Trust 548,262
Total revenues 1,117,253
Expenses
Employee costs and compensation 589,339
Occupancy and related expenses 109,188
Professional and consulting expenses 1,724,642
Other operating expense 41,752
Charitable expenses 61,921
Total expenses 2,526,843
Net income(loss) $ (1,409,590)
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0 117574
CONFIDENTIAL SDNY_GM_00263758
EFTA01457868