EFTA01203202.pdf

SUMMARY OF CASH FLOW - BLACK FAMILY L8F HOLDINGS NOV - DEC 2014 AND FY 2015 LDB 2011 LLC TOTAL NOV 5 2014 LDB BFP LP APO 1 APO 2 LDB 2014 LLC GRATS INFLOWS - APOLLO APO - (NET DISTRIBUTION FROM BFP LP): NOV - DEC 2014 9,114,138 16,689,090 8,494,141 4,851,894 45,223,359 84,372,622 FY 2015 29,406,582 29,367,949 16,775,114 158,461,845 234,011,490 APO - (NET DISTRIBUTION FROM BFP LP) 38,520,720 16,689,090 37,862,090 21,627,008 203,685,204 318,384,111 GRAT ANNUITIES NOV - DEC 2014 29,566,366 (29,566,366) FY 2015 174,118,838 (174,118,838) GRAT ANNUITIES (APO DISTR TO BFP LP TO GRAT) 203,685,204 (203,685,204) HERITAGE FY 2014 228,000 228,000 INFLOWS - INVESTMENTS TIMBER ESTIMATE Per EA 16,000,000 16,000,000 ART SALE Per HG 1,840,000 1,840,000 WARREN ST 4,052,563 4,052,563 DIVIDENDS 482,900 579,200 1,062,100 LOAN CASCADE - PARTIAL WITHDRAWAL 10,000,000 KNOWLEDGE UNIVERSE - LIQUIDATION Per EA 4,000,000 4,000,000 QUADRANGLE DISTRIB 1,381,087 1,381,087 TOTAL INFLOWS 244,045,924 47,399,990 579,200 43,295,740 21,627,008 346,947,861 OUTFLOWS - INVESTMENT FCI CAPITAL CALL Per EA (10,000,000) (10,000,000) COF III CONINVEST III CAPITAL CALL Per EA (5,736,520) (5,736,520) ATHENE CAPITAL CALL Per EA (40,000,000) (40,000,000) SEARCHLIGHT CAPITAL CALL Per EA (450,000) (450,000) TENFORE CAPITAL CALL Per EA (500,000) (500,000) PHAIDON/ PUBLISHING ARTSPACE INVESTED $5.2MM (3,050,000) (3,050,000) PHAIDON PRESS INVESTED 577.8MM (716,400) (5,308,680) (6,025,080) REGAN ARTS INVESTED 53MM (799,600) (4,555,800) (5,355,400) OUTFLOWS -PERSONAL HOUSEHOLD (15,000,000) (15,000,000) TOWNHOUSE•- CONSTRUCTION (3,615,370) (7,384,630) (11,000,000) SH MEADOW - CONSTR. & EXP INVESTED 51.1MM (7,154,100) (7,154,100) MIAMI PROPERTY INVESTED $8.25MM (8,250,000) (8,250,000) BOAT - NET OF CHARTER REVENUE (4,284,000) (4,284,000) PLANE - NET OF APOLLO REIMB (6,468,000) (6,468,000) FAMILY OFFICE (2,596,000) (2,596,000) BOFA - ART LOAN (8,861,000) (8,861,000) ART EXPENSE - CONSULTANT/ INSURANCE (1,000,000) (1,000,000) LEGAL & ACCOUNTING (200,000) (200,000) CHARITY NOT FUNDED WITH LISTED SEC (24,883,400) (24,883,400) CHARITY - ADD'L (21,000,000) (21,000,000) IRS" (42,944,500) (42,944,500) NYS/ CA/ IA TAX•• (27,346,750) (27,346,750) USE TAX (7,000,000) (1,308,000) (102,000) (8,410,000) TOTAL OUTFLOWS (162,603,020) (58,832,520) (10,658,630) (28,420,580) (260,514,750) NET IN (OUT) 81,442,904 (11,432,530) (10,079,430) 14,875,160 21,627,008 86,433,111 INTRA-FAMILY TRANSFERS - INT ON DEBT (44,650,533) 44,650,533 NET CASH 36,792,371 (11,432,530) 34,571,103 14,875,160 21,627,008 86,433,111 TOWNHOUSE PURCHASE PRICE: 50.8MM) " 8AL DUE BY 4/15/16: IRS - $7.2MM; NYS - 54.5MM Prepared by Richard Joslin EFTA01203202