HomeMy WebLinkAbout03-0960 General Power Of Attorney
Harco National Insurance Company
cio Capital Bonding Corporation
525 Penn Street, Reading, Pennsylvania 19601
HNICQP No- 1214
Know All Men By These Presents, that Harco National insurance Company, a corporation organized under the
laws of the State of Illinois, with its principal office located in Rolling Meadows, Illinois, hereby constitutes and appoints
Jason Wolgemuth
in the City of ., County of Cumberland _, State of Pennsylvania .,
its true and lawful Attorney-in-Fact for it and in its name, place and stead, to execute on behalf of the said company, as Sole
Surety, subject to the limitations herein set forth Bail Bonds and Recognizances only, in a penalty not to exceed
$250,000.00 Two Hundred Fifty Thousand Dollars and No Cents for each bond or recognizance.
Each bail bond or recognizance must be accompanied by an individual, numbered Power of Attorney properly
executed.
This General Power of Attorney shall become void on 12/31/2006 unless previously revoked.
The execution of such bonds or undertakings in pursuance of these presents shall be binding upon said Company as
fully and amply, to all intents and purposes, as if they had been duly executed and acknowledged by the regularly elected
officers of the Company at its office in Rolling Meadows, Illinois, in their own proper persons.
In Witness Whereof, Harco National Insurance Company has caused these presents to be signed by its authorized
National Program Administrator, and its corporate seal to be hereunto affixed this 20th day of December 2002.
State Of Pennsylvania
County Of Berks
SS:
Harco National Insurance Company
By Nationa'a'a'a'~ Progran~inistrator
Qualifying Power Only. Not To Be Attached To Any Bond.
Valid Only If Individual Power Of Attorney Is Attached To Each Bond Executed.
Vincent J. Smith being duly sworn, deposes and says that he is the National Program Administrator of the Harco
National Insurance Company Bond Program, the corporation which is described in and which executed the foregoing
instrument; that he knows the corporate seal of said corporation; that the seal affixed to the said instrument is the corporate
seal of Harco National Insurance Company and was thereto affixed by authority of a resolution is now in full force and effect, as
follows:
Be It Resolved, that any one of the following persons: President or any Vice President of Harco National Insurance
Company or the National Program Administrator of the Harco National Insurance Company Bond Program, is hereby
authorized to execute on behalf of Harco National Insurance Company Powers of Attorney authorizing and qualifying the
Attorney-in-Fact named therein to execute on behalf of Harco National Insurance Company Criminal bail bonds in a principal
sum not to exceed one million ($1,000,000.00) dollars on any one bond, and further that any one of the aforesaid authorized
persons is hereby authorized to affix the corporate seal of the said Company to Powers of Attorney executed pursuant to this
resolution.
Sworn to before me this
20th day of December 2002
~.~ 7~-~ _Notary Public
Reading, Pennsylvania
My Commission Expires July 24, 2006
Form HNICQP
Detach this w..allet size
license and carry on your
person.
JASON MICHAEL WOLGEMUTH
License Number 85476
License Type: Resident Agent
Expiration Date: 12-02-2004 Lines of Authority:
WOLGEMUTH, JASON MICHAEL
606 SHOWERS ST.
HARRISBURG, PA ] 7104
Casualty and Allied
Lines, Property and
Allied Lines
your iicense is
to Continuing Education (CE) requirements, this requirement MUST BE
You must n(
·
For
an on the services of the Insurance
within 15
ays
our website at
)t p~duCe business Until they
are app.ointed with aa insttrer.
You must notify the Insurance Department in writing within 10 days of any convictions for a
misdemeanor or felony.
DETACH BELOW
-wwww-insurance.state.pa.u~
JASON MICHAEL WOLGEMUTH
License Number 85476
is licensed to engage in the business of insurance in the Commonwealth of Pennsylvania in the capacity stated below, subject to applicable laws and rules.
Lines of AUthority:
Casualty and Allied Lines,
Property and Allied Lines
2002-10-10_08:51:23-26908p001
COMMONWEALTH OF PENNSYLVANIA
INSURANCE DEP.~.RTMENT
CERTIFICATE OF AUTHORITY
Effective Date: April I, 2002
HARCo NATIONAL INSUtL4NCE COMPANY
NAIC ~rD 26433
.HAS COMPLi'ED WITH THE REQUIREMENTS OF THE LAWS OF THE COMMONWEALTH OF
PENNSYLVANIA RELATING TO ADMISSION IN SAID COMMONWEALTH FOR THE PURPOSE OF
TRANSACTING INSURANCE BUSINEss IN PENNSYLVANIA AND THAT THE ABOVE NAMED
COMPANY IS HEREBy AUTHot:UZED TO TRANSACT THE BUSINESS OF:
40-5-102 (c)(l) Auto Liabit/~
40-5-102 (c) (6) Burc, larv 40-5- I 0') (c) ~' ~)
= . and Thett - ' ' --
40-5-t02 (c) (9) Elevator 40-5-102 (c) (7)
40-5-102 (c I3) Glass 40-5-102 (c) (I)
40-5-102 (c) (12) Mine and MachineQ, 40-5-102 ih) (21
40-5-I02 (c) (d) Other L/ability 40-5-102 {b.)(3)
' ~ 40-5-102 (c) (13]
40-'% I 0'~ th) (l) Properly. and Allied Lines
40-5-102 (c) (14) Worker's Compensation 40-5-102 (c) (8
Boiler and Machinery
Credit
Fidelity and SureR.
Inland Mar/ne and Ph','sicaI Damage
Ocean Mar/ne
Personal Property Floater
Water Damage
FOR THE YEAR ENDING MARCH .3 I, 2003, IN ACCORDANCE WITH ITS CHARTER AND IN
CONFORMITY WITH THE LAWS OF SAID COMMONWEALTH OF PENNSYLVANIA,
I'N WITNESS WHEREOF, I HAVE HEREUNTO SET MY HAND AND AFFIXED MY OFFICIAL SEAL,
THE DATE AND YEAR FIRST ABOVE WR/TTEN.
,M. DIANE KO~--~~~N
INSURANCE COMMISSIONER
PROPERTY AND CASUALTY COMPANIES · ASSOCIATION EDFFlON
NAIC Group Code oo00
(Curren{ Pedod
Organized under the Laws of
Country of Domicile
0000
(Pdor Period)
I)[hois
QUARTERLY STATEMENT
AS OF September 30, 2002
OF THE CONDITION AND AFFAIRS OF THE
Harco Nationa~ Insurance Company
NAIC Company Code 26433 Employer's ID Number
, State of Domicile or Port of Entry.
264337.002.2.0't 00103
13-6108721
Incorporated: November 17 1954 Commenced Business: Jenuaw I 1955
Statutory Home Office: 2850 West Golf Road RollinqMeedows~ IL 60008
Main Administrative Office: 2850 West Golf Road Roll[hq Meadows IL 60008 847-734.4100
Mait Address: P.o. Box 68309 Schaumburql IL 80168-0309
Primary Location of Books and Records: 2850 west Go~f Road
Internal Website Address:
Rolling Meadows, IL 60098
847.734,4100
Statement Contact: Madbeth Kalberq
MKALBERG~iAT-HARCO.COM
(E-Mail Address)
Policyowner Relations Contact: 2880 West Go~f Road
President
Secretary
847-321-4974
847-321-4812
(Fax Number)
Roi[in o Me{ldows, IL
OFFICERS
........... ~t~.?.~!~ ~t~ ........................
Michae~ David t~[inson
Chief Financial Office.[ ......... ~¥!d ~ug?~ EiSa,! .........................
Vice-Presidents
Alfred Josenh Birch Kevin James Hamm James Robert Miller
David Edward Thomas
60008 847*734-41 O0
David Euqene Kimpel David Gerald Pirrunq
Michael David Biinson
DIRECTORS OR TRUSTEES
John J. Bonoidmo Manquedta Rod~quez German Peter Rittenhouse Kelloqq Edward Anthony Kerbs
Genroe Edward Kinq James Robert Miller Thomas Dean Silver Stephen Louis Steohano
Kenneth Charles Coon
State of IL ........... ;.
Counb/of. ~qgK ........... ss
The ofcers of this reporting enUty being du~y sworn, each depose en~ say (hat they are the descnbed officers of said red~rbng entJb/, and that on the reporting peded stated
above, ail of the herein described assets were [he absolute propeAy of (he said repo~ng antJly, tree and dear from any liens or claims [hereon. except as herein s~at~, and
that :his statement, together with related exhibits, schedules and explana~ns therein contained, annexed or reran'ed to. ia a ~it and bus s[atemenl ol all (he assets and
liabilities and ol the condiUon and affairs of the said mooning enlity as of (he redoing pednd staled above, and oi its income and deductions therefrom for the pedod ended,
and have been completed in accordance with the NAIC A~nual Statement (hs~ct(ons and Accounting Practices and Procedures manual excepl Io [he extenl that; (1) slate
law may differ, or, (2) thai state rules or regulations require di~ierencos in reporbng not related to accoun~g practices and pi'ocedures, accon3ing to' (ha best of their
in(arma,,flon, )mowledge and belial, respectvely.
,~/ (Signature~ [Signature}
Stephen Louis Stephano Michaet David Blinson
(Pdnted Name) (Printed Name)
President Secrelary
Subsc4ibed and sworn to before me (his
12~h day of November .2002
Notary Pub (seal)
', ~-L'ZA3E'T;~ '3. i~ELW'..'/ S
(Signature) ~,/
David Eugene Kimpel
(P~ted Name)
Chief Financial Officer
:autremem as o[ ::,apmmoer .~u, zuuz or me . rl dl L;u Ill dLl~[li~l IIl:~ UI dll~l~ "'~ UI I IpQI t ~
ASSETS
Current S~a[ement Date
Nonac~m~ted
Assets I Assets
1. BondSstocks, ............................................ 1 79'637'4'481'i "
2. 2.1 Pr~fermdstocks I 17,716,514
3.1 Fi~ liens
3.2 Other than first liens ...........................
4. Real estate:
4.1Pmpe~escocupiedbythecompany(tess$ 0 encumbrances}
4,2 ProperJes t~eld for ~le producaon of income
(less $ 0 encumbrances} ............................
4.3 Properties held for seta (less $ ........ 0 encumbrances) ...........
5. Cash ($ .1.!~99 ) and short-term investment'~ ( $ 7,7~5,081 ) .......
6. Other invested assets
7. Receivable for secunt~es ...................................
8. Aggregate wdta-ins for invested assa~
9. Subtotals, cash and investe~ asea~ (Lines 1 to 8) ...............
10. Agents' balances or uncollected premiums:
10 1 Premiums and agent~' balances in coume of collection .....
10.2 Premiums, agents' balances and installments :~ooked but Oeferred and not
yet due (including $ .... g. earned but unbilted premiurr~
10.3 Accrued reVospectr~e premiums
11. Fun~s held by or deposited with reinsured companies
12. Bills receivable, [a~en for premiums .
~3. Amounts receivable unaer hig~ deductible policies ..
14. Reinsurance recoverables on loss and ~o~s adjustment expense payments
15. Federal and foreLgn income (ex recoverable and inJerest U~ereon
(inciudi~S .. ~,7~3,~6'~ neldeferredtaxasseg
16. Guaranty f~nds receivable or (m ~eposit
t7. Electronic data processing epuipment an~ software
18, Interest, dividends and real estate income due and accrued
19. flat adjustments in assets and liabilities :ua in foreign exchange rares
20. Receivable from parent, subsidiaries and affilia:es
21, Amounts due from t to protected ceils
22. Equities and deposit~ in pools and assooa~ions
23. Amounts receivable relating to uninsurea accident and health plans
24. Other assets nonaami[ted
25. Aggregate wine-ins for o~er than invested assets
26. Total assets excluding protected cell assets (Lines 9 through 25)
DETAILS OF WRITE.INS
27. Protected cell assets
28. TOTALS (Lines 26 and 27)
7,894,681
228,35.:
164,686,739
14,279,357
28.796.94~
3 4
Net Admitted December 31,
Asset~ Prior Year Net
(Cole. 1 - 2 ) Admi~te~ Asset~
79,837,448i. 7t,584777i
17.716,~14 ..
59.2~9,74!.. 75,174.610
0801.
0802·
0803.'
0898. Summary of remaining write, ins for Line B from overflow page
0899. Totals (Lines 0801 thru 0803 nlus 0898) (Line 8 above)
2501 ~Ue (rem.loss ~1 ustmen! companies and other rece~abies
2502. ........
2503.
'" :' :~,'nerv of remaining write-ins for Line 25 ~rem overflow page
....... nee ~50 thru 2503 plus 25981 (Line 25 above)
164,68§173~ 176,.467~078
14.279,357
28.796,94,
7,292,117
19,032,522
473.482! 473482,
473,482!
473.482 473.482
225716.118 7,118.931 218,597,187 208,574,011
225,718.118 7,118.931 218,597,187 208.574.011
473.482
1.813,50'~ 1.813.50{ 1,854,422
I3,783.867 6.056,208 7.73~,~611 2,65~,653
878.2171 589 243 288,974 194,63~
998,0061 99B,006 1.082,585
St=,eme.t a. of Se~e,..o, 30, 2002 of the ...... ~a~?. ~ .a.t!?.~.a.I. !n.s~;~c~.C.gmp~y ..........................................
LIABILITIES, SURPLUS AND OTHER FUNDS
1. Losses/cu~Tenta~dentyear$ 29.516,000 ) ......
2. Reinsurance payable on paid loxes and Ios~ adius~lem ex~e~e~ ............
3. Los~ adjusm~ent expenses ......
4. Commissions payable, contingent commissions ~nd other similar cha~es ..........
5. O~er expenses (excluding taxes, licenses and fees)
6. Texes, licenses and fees (excluding federal and foreign income taxes)
0 on reeli~J ~;~iia[ g;ins ibsses)
7. Federal and foreign income rexes (including $
(including $ ......... O, net deferred tax liabiI{ty)
8, Borrowed money $ ....... ~ and interest t~eraon $ .... 0
9. Unearned premiums (after ~e~uc~ng unesmed premiums for ceded reinsurance of $ . 8,~,35,786
and including wari'ant~ reserves of $ ...... ~ ..............
10. Advance premium
11. Dividends declared and u~paid:
11 1 Stoc~holdem
11,2 Policy~oldem
12. Ceded reinsurance premiums oayable (net of ceding c~mmiss~ons)
13, Funds held by com0any under reinsurance ImeatJes :
14. AmounS wi~hetd or retained by company ~or a~count of o~ers .....
15, Remittances and items not ailocoted .................
16, Provision for reinsurance ....................
17. Net adiua~'nen~ in eseets and fiabi[iLies due to foreign exci~ange rates
18, Dra~ ou=tanding
19. Paya~W to parent su~idianes and affiliat~
20. Payable for s~es
21, LiaO~li~ tot amoun~ her0 ;~de} u~ins;~ a~de~t and'health plans
22, Caoi~lno~s$ ~ andinterest~emon$
23, Aggr~ate wnte-ins ~r liabiliEes
24. To~I lia~ii~es excluding pmt~ ~1 liaDili~e~ (Lin'es 1 ~roug~ 23)
26, To~I liabili~es (Lines 24 ~Q 25~
27. Aggr~ate wnt~ins for special su~lus lunds
28, Common ~oi~l stock
29. Prafe~ea ~pJ~l stocX
30. Aggr~ate w~te-~ns for othe[ ~an sp~ai su~ius funQs
31. Su~lus notes
32, Gro~ pai~ in and ~n~uted su~ius
33. Unassigned funds (su~ius)
34.1 0 sh~res ~mmon (value incluaed in Line
342 O shsrec prefe~ed (vaiue incluQed in Line 29
35. Surplus as r~aras poli~hol~e~ (Li~es 27 ~o 33, less
36. TOTALS
0 ~
0 )
1
Currant
Statement Bate
51.934,471
1,036.240
2,O,~,783I
... 47,598]
40,3~7,280
12,'!'73:52C
3,628.537
20,24~
3,B64,~36
809,468
3,344,346
256.511
130.858.8431
2
Oecem~er3t.
pnOrYesr
35.938.345!
7,080,521 i
1,617.965i
' 1,15g,lO~!
253.4381
29043,.842!
5,2B~7 4361
io.242l
'15,435.824t
102,g36~315
102.936.3181
3,500.004
3.500,004[
46.090,004
3~.148.3361
87.738.344i
46.090,004
56.047,685t
105.637693
218.597.187i 208.574.0111
DETAILS OF WRITE-INS
2301. Escheataple Funds
2302, O!her ~coounts Payable
2303.
2398, Summary ;3f remaining write-ins for Line 23 Irom overflow page
2399. Totals/Lir~es 2301 through 2303 ~lus 239~,) iLme 23 abovel
2701.
2702.
2703.
2798. Summary of remaining wine-ins for Line 27 from overflow page
2799. Totals {Lines 270t through 2703 plus 27981 [Line 27 aOovei
3001.
3002.
3003,
3098. Summary ofremaining wdte-insfor Uno 30 from Ore.ow page
3099. To~ ILines3001 thmugh 3003 BlUe 309~(Lins 30 ~Pove~
256.5~11 1.353.9681
STATEMENT OF INCOME
UNDERWRITING INCOME
1. Premiums earned:
1.1 Direct {written $ .... 72.627, ?.! 5 )
1.2 Assumed (w~n $. 2~,314,926 )
1.3 Ceded (written $ ,., .1.8.7~!,188 }
t,4 Net (written $ ~'~,1.6 !,,~3 )
DEDUCTIONS:
Current Year
63,162,~
15.940.469t
64,61~,o17i
2, Losses incurred (current accident year $ . 4~,.10~,.000. ): 48,709,409
2..1 Direct
2,2 Assumed 10,054,672
18.754.865
2.3 Ceded
2.4 Net ..................................... 40,00g,216t
3. Loss expenses incurred .................................. ' I* 7,9~2,~26
5, Aggregate w~e-ins for ur~de~r~ng deduclJone ..........................
6. Total unde~v~ng d~uc~ons (Lines 2 ~r~ugh 5) ......... 68,711,3761
7. Net income of protected
6. Ne~ unde~ri~ng g~in (les~) (Line 1 minus Line 6 · ~ne 7~ ........... ' '" ~3 8~3'359)
INVESTMENT iNCOME
2
~or Year
to gate
Deoemoer l I
4.4,394,566t 61.029.745,
2.629.673{ 3.840,074!
8.870.0411 13,259.632!
38,154.198! 51.610,1571
'
25.312,8531 36,635,549i
1,245 ~941
4.389273! 6,674.346
22,169.4741 31,570,208
3.960,175[ 5.795.926
. 11,~94,5411 i5325,,55)
9, Net inves~ent income az, mad ...................................
1 O. Net realized capital gains (losses) .....................
11. Net irwestrnent gain {loss) (Unes 9 *- 1(~)
OTHER INCOME
12, Net gain or (loss) (mm agents' or premium Palancas charged o(1
(amount recovered $ ...... 3 amount cha~ed off $ . . .23,009 ) .
13. Finance and se~ice charges not inciuded in premiums .......
14. Aggregate write-ins for miscellaneous income ................
15. To,al other income (Lines 12 through 14) ............
16. Net income betore dividends to policyholders and before [ederel and foreign income
taxes (Lines 8 + 11 + 15)
17. Dividends to policyholders ......................
18, Net income, after divibends to policyholders but before federal and forai~n income
taxes (Line 16 minus Line 17}
19. Fede?a~ and foreign income taxes incurred
20. Net income (Line 18 minus Dna 19) (to Line 22)
CAPITAL AND SURPLUS ACCOUNT
2'~. Surp, Jus es regards policyholders, Decem~:.er 31 pher yeor
GAINS AND (LOSSES) IN SURPLUS
37.644,1901 53,691
510,00S{ (2,061,402)I
4,615.6401 4.304,873 5,449.g101
(5.708895)! 2.919,327) 4.929,6631
22. Net income (from Line 20)
23. Net unrealized capitat gai,~ or losses
24. Change in net unrealiz~ foreign exchange caoital gain (loss)
25. Change in net deferred income tax
Change in noP, a~3~11'[~3 assets
27 Change in provision for reinsurance
28. Change in surplus notes
29. Surp)us (contnbuted to) withdrawn Ireo~ prcteoled ~)ls
30, Cumulative effect of changes in accounung pnnciples
31. Capita~ changes:
31.1 Paid in
31.2 Transferred ff0'm surplus (Stock Oividend)
31.3 Transferred to surplus
32. Surplus adjustments:
32.1 Paid in
32.2 Transferred iO ~pital (Stock Oivioend)
32.3 Transferred frern capital
33, Net remir,3nces h~m or (tm) Home
34. Dividends ~o etcokho~ders
35. Change in treasury stoc~
36, Aggregate write-ins for gains and )cases in surplus
37, Change in surplus as regards po~ic./holders (Lines 22 ~hrougn 36}
I
(5,009,620) 7,716.207i 8,337.696
(5,009.620)
7.716,207 8,337.696
2 128.511 2,793.628~ 3.142,841
(7J36.131)i 4.92~ 379i 5,194.855
105,637 693) 56687 6~5! 56667.645
(7,138.131) 4,922.37gi
(15.791,609) (3,066.022)
5.063.006 251,679
(52,517 316,978
2,167.562
38. Surplus as r~ards polJcyholdem, as of statement da e Lines 21 plus 371
DETAILS OF WRITE.INS
501.
0502,
0503, . .
0598. Summarf of remaining write.ins for Line 5 from ovediow gage
0599. TOTALS (Lines 0501 ~rouQh 0503 elus 0598) (L~ne 5 abevei
1401. Miscellaneous
1402.
1403.
1496. Summary of remaining wnteJns for mine 14 Imm ovedlow page
1499. TOTALS ('Lines 1401 U~muan 1403 otus 1498) (Line 14 above)
3601.
3602,
36~'& ~ - ~'-a,-y of remaining write-ins for Line 36 from overflow page
369g. TOTALS ¢.Jnes 3601 through 3603 Plus 36981 (Line 36 above)
10'379,5931
(I7.993!
~498
5.194,855
(1,779,623)
936.946t
(357,111
2,167,56z
_42,59D.00~
11789g.349): 4,692.576 48.750048
87738.34Jt 614802211 105.637.693
57498
57496~
S~tament as of September 30, 2002 of the Ha!,!;.o Natio.n al. !nsu {anco Company
CASH FLOW
Cash from Operations
1. Premiums collected netof reinsurance
Z Loss and ices adjustment expenses paid (net of salvage and subrogation)
3. Unden~ng expenses paid
4. Other under~nl~eg income (expenses) ....................................
5. Cash fl~m unde~viitJng (Line 1 minus Line 2 minus Line 3 plus Line 4 .........
6, Net investment income .............................................................
7, Other income (expenses):
7.1 Agents' ba ances ~a~ged off ...................................................
7.2 Net funds held underreinaumnce treaties
7.3 Net amount withheld or retained for acc,~unt of ot~em .................................
1 2 :
Current pOOr Year
Year to Ended
Date Oecemoer 31
66,298,407 47.383.480i
27.645.477}' 30,056.689
20,417.024 15,747,570
18.235,906 1,579.221
4,971,008" 5,999,311
· (23.006 (17.993)
1,644.623 360.163
7.4 Aggregate write-ins for mtscellaneous items ......................................... 57498
7.5 T(:ta] o~er income (L~es 7.1 to 7.4) 1,621.617 .... 399,6681
8. Div~ends to peticyholdem on direct business, less $ 0 div,:iends on reinsurance assumed or ceded (net)
22,494.18C 4.330.485[
10. Net cash fTOm opera,ns (Line 5 plus Line 6 plus Line 7.5 minus Line 8 pius Line 9 ..............
Cash from Investments
11. Proceeds from investments sold. matured or repaid:
11.1 Bonds 48,533.~7! . 71,711,927
11~2 Stocks 4,104,871 . i' )$,S.27A71
11.4 Re~l es~te
11.5 Other invested assets ............................
11.5 Net gains or (losses) on cash and shorFterm investmeoLs ........
11.7 Miscellaneous proceeds ............................
11.8 Total investmenl proceeds (Lines 11.1 to 11.71 ................
12. Cost of investments acquired (long-term only):
12,1 Bonds
12.2 Stocks
12.3 Mortgage loans
12.4 Real estate
12.50t~er invested assets
12,6 Miscellaneous appi~CaUons ..
12,7 Total investments a~uired (Lines 12.1 to 12.61
13. Net cash from investments (Line 1L6 minus Line 12,7)
Cash from Financing and Miscellaneous Sources
14, Cash provided:
14.1 Surplus notes, cepitaI and su'mus psid in
14.2 Capital notes $ 0 less amounts repaid S 0
14.3 Net ~'ansfem from affiliates
14.4 Borrowed funds received
14.5 Other cash ~rovided
14.~ Total(Lines 14,1 to 14.5)
15. Cash applied:
15.1 Dividends to steckholder~ oaid
15.2 Net transfem to affiliates
15.3 Borrowed funds repaid
15.4 Other applica~ons ,..
15.5 Torsi (Lines 15.1 [o 15.4)
16. Net cash lrom financing and miscellaneous sources (Line 14.6 minus Line ~5 5)
11781 RECONCILIATION OF CASH AND SHORT-TERM INVESTMENTS
Nat change in cash an~ short-term investments (Line 10. plus Line 13, ptu$ Line
Cash and short-term investments:
18.1 Beginning of year
18.2 End of defied (Line 17 plus Line 18 1)
52.638,247 87,339.398
57.815.66 51,811,355
26.373,25C ~,629,769
12.319.833 (15A35,824
96.506.7~0 111,005,300!
{43.970.5~3~ (23,665.90;
42.590.000
12.290! 153.744
12,2901 43.343.744
448.967 296.915
448.967 ~
(436.677 43.074161941il,
(21.813,010) 23, ,
29,707,691 5,996.27.
7.894681 29.707.691
DETAILS OF WRITE-INS
7.401 Miscellaneous
7.403
7.496 S~a~ el rer~aining write.ins for Line 7.4 from ove~ow page
7.499 Totals IUnes d7 401 tr~rouqh 07·403 * 07 498) (Line 07 4 aOovel
57,498
57 49~j