Notes to Financial Statements. 16 9 145 INDEPENDENT AUDITORS' REPORT The Partners Parker & Parsley 82-I, Ltd. (A Texas Limited Partnership): We have audited the balance sheet of Parker & Parsley 82-I, Ltd. as of December 31, 1998, and the related statements of operations, partners' capital and cash flows for the year then ended. These financial statements are the responsibility of the Partnership's management. Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with generally accepted auditing standards. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinion. In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of Parker & Parsley 82-I, Ltd. as of December 31, 1998, and the results of its operations and its cash flows for the year then ended in conformity with generally accepted accounting principles. Ernst & Young LLP Dallas, Texas March 15, 1999 10 146 INDEPENDENT AUDITORS' REPORT The Partners Parker & Parsley 82-I, Ltd. (A Texas Limited Partnership): We have audited the financial statements of Parker & Parsley 82-I, Ltd. as of December 31, 1997, and the related statements of operations, partners' capital and cash flows for the years ended December 31, 1997 and 1996. These financial statements are the responsibility of the Partnership's management. Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits in accordance with generally accepted auditing standards. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement pr...
Notes to Financial Statements. 7 ITEM 2.MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.................. 8 PART II. OTHER INFORMATION ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K.................... 11 27.1 Financial Data Schedule Signatures............................................. 12 PART I. FINANCIAL INFORMATION ITEM 1. FINANCIAL STATEMENTS PARKER & PARSLEY 88-B, L.P. (A DELAWARE LIMITED PARTNERSHIP) BALANCE SHEETS ASSETS JUNE 30, DECEMBER 31, 1999 1998 ----------- ------------ (UNAUDITED) Current assets: Cash...................................................... $ 132,191 $ 110,641 Accounts receivable -- oil and gas sales.................. 105,172 71,128 ----------- ----------- Total current assets.............................. 237,363 181,769 ----------- ----------- Oil and gas properties -- at cost, based on the successful efforts accounting method.............................. 7,123,321 7,131,466 Accumulated depletion..................................... (6,045,396) (5,978,933) ----------- ----------- Net oil and gas properties........................ 1,077,925 1,152,533 ----------- ----------- $ 1,315,288 $ 1,334,302 =========== =========== LIABILITIES AND PARTNERS' CAPITAL Current Liabilities: Accounts payable -- affiliate............................. $ 25,004 $ 17,477 Partners' capital: Managing general partner.................................. 12,871 13,137 Limited partners (8,954 interests)........................ 1,277,413 1,303,688 ----------- ----------- 1,290,284 1,316,825 ----------- ----------- $ 1,315,288 $ 1,334,302 =========== =========== The financial information included as of June 30, 1999 has been prepared by management without audit by independent public accountants. The accompanying notes are an integral part of these financial statements. 3 126 PARKER & PARSLEY 88-B, L.P. (A DELAWARE LIMITED PARTNERSHIP) STATEMENTS OF OPERATIONS (UNAUDITED)
Notes to Financial Statements. All audited financial statements of the Parent Group Members that are consolidated to include the Borrowers will contain notes clearly stating that (A) all of the Assets are owned by the Borrowers and (B) each Borrower is a separate legal entity.
Notes to Financial Statements. .... 7 (ERNST & YOUNG LOGO) - ERNST & YOUNG LLP - Phone:(612)343-1000 220 South Sixth Street, Ste 1400 xxx.xx.xom Xxxxxxxxxxx, XX 00000-0000 Report of Indepenxxxx Xxxxxxxx Xxx Xxxxx xf Directors Jasc Software, Inc. We have audited the accompanying balance sheets of Jasc Software, Inc. as of December 31, 2003 and 2002, and the related statements of income, changes in stockholders' equity, and cash flows for the years then ended. These financial statements are the responsibility of the Company's management. Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits in accordance with auditing standards generally accepted in the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion. In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of Jasc Software, Inc. as of December 31, 2003 and 2002, and the results of its operations and its cash flows for the years then ended, in conformity with accounting principles generally accepted in the United States. /s/ Ernst & Young LLP January 30, 2004 A Member Practice of Ernst & Young Global Jasc Software, Inc. Balance Sheets DECEMBER 31 ------------------------- 2003 2002 ----------- ----------- ASSETS Current assets: Cash and cash equivalents $ 867,667 $ 802,375 Accounts receivable (less allowances for uncollectible accounts and product returns totaling $2,033,000 in 2003 and $613,000 in 2002) 7,935,331 7,055,901 Note receivable 60,000 -- Inventories 1,161,846 460,392 Prepaid expenses 1,139,067 335,234 ----------- ----------- Total current assets 11,163,911 8,653,902 Property and equipment: Equipment and software 3,545,408 3,218,391 Leasehold improvements 236,019 236,019 ----------- ----------- 3,781,427 3,454,410 Less accumulated depreciation and amortization (3,046,287) (2,581,881) ----------- ----------- 735,140 872,529 Restricted cash -- 30,000 Deposits 43,324 55,113 Other assets, net 52,150 73,009 Acq...
Notes to Financial Statements. 7 ITEM 2.MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.................. 8 PART II. OTHER INFORMATION ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K.................... 11 27.1 Financial Data Schedule Signatures............................................. 12 PART I. FINANCIAL INFORMATION
Notes to Financial Statements. DECEMBER 31, 1994 ---------- The Brazilian Investment Fund, Inc. (the "Fund") was incorporated on November 7, 1990, and is registered as a non-diversified, closed- end management investment company under the Investment Company Act of 1940, as amended. The Fund's common stock is not registered under the Securities Act of 1933. The Fund makes its investments in Brazil through an investment fund established in compliance with Brazilian law. The accompanying financial statements are prepared on a consolidated basis and present the financial position and results of operations of the investment fund and the Fund.
Notes to Financial Statements. 7 ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS................. 8
Notes to Financial Statements. REPORT OF INDEPENDENT ACCOUNTANTS Management Savings Plan Committee of the BellSouth Savings and Security Plan: We have audited the accompanying statements of net assets available for plan benefits with fund information of the BellSouth Savings and Security Plan as of December 31, 1996 and 1995, and the related statements of changes in net assets available for plan benefits with fund information for each of the three years in the period ended December 31, 1996. These financial statements are the responsibility of the Plan's management. Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits in accordance with generally accepted auditing standards. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion. In our opinion, the financial statements referred to above present fairly, in all material respects, the net assets available for plan benefits of the Plan as of December 31, 1996 and 1995, and the changes in net assets available for plan benefits for each of the three years in the period ended December 31, 1996, in conformity with generally accepted accounting principles. Our audits were performed for the purpose of forming an opinion on the basic financial statements taken as a whole. The supplemental Schedule of Assets Held for Investment Purposes is presented for the purpose of additional analysis and is not a required part of the basic financial statements. The fund information in the statements of net assets available for plan benefits and the statements of changes in net assets available for plan benefits is presented for purposes of additional analysis rather than to present the net assets available for plan benefits and changes in net assets available for plan benefits of each fund. The supplemental schedule and fund information have been subjected to the auditing procedures applied in the audits of the basic financial statements and, in our opinion, are fairly stated in all material respects in relation to the basic...
Notes to Financial Statements. Class A Class C -------------------------------------------- --------------------------------------- Year Ended September 30, Year Ended September 30, -------------------------------------------- --------------------------------------- 2008 2007 2008 2007 ------------------------------------------------------------------------------------------------------------------------- Georgia Fund Shares Amount Shares Amount Shares Amount Shares Amount ------------------------------------------------------------------------------------------------------------------------- Net proceeds from sales of shares 133,446 $ 1,007,467 55,767 $ 428,951 4,765 $ 35,143 671 $ 5,139 ------------------------------------------------------------------------------------------------------------------------- Investment of dividends 84,583 635,793 89,584 686,239 1,333 9,949 878 6,767 ------------------------------------------------------------------------------------------------------------------------- Exchanged from associated funds 2,371 17,724 14,116 108,485 -- -- 9,095 70,034 ------------------------------------------------------------------------------------------------------------------------- Converted from Class D* -- -- -- -- 127,826 966,365 -- -- ------------------------------------------------------------------------------------------------------------------------- Total 220,400 1,660,984 159,467 1,223,675 133,924 1,011,457 10,644 81,940 ------------------------------------------------------------------------------------------------------------------------- Cost of shares repurchased (372,487) (2,790,699) (398,383) (3,046,381) (26,748) (199,380) (34,679) (267,937) ------------------------------------------------------------------------------------------------------------------------- Exchanged into associated funds (13,495) (95,817) (5,517) (42,676) -- -- -- -- ------------------------------------------------------------------------------------------------------------------------- Total (385,982) (2,886,516) (403,900) (3,089,057) (26,748) (199,380) (34,679) (267,937) ------------------------------------------------------------------------------------------------------------------------- Increase (decrease) (165,582) $(1,225,532) (244,433) $(1,865,382) 107,176 $ 812,077 (24,035) $(185,997) ------------------------------------------------------------------------------------------------------------------------- Class D -------------------------------------------- October 1, 2007...
Notes to Financial Statements. (7) Pursuant to Rule 31a-1(b)(9) of the Investment Company Act of 1940, prepare quarterly broker security transaction summaries.
