LEON AND DEBRA BLACK NO LOOK THROUGH BALANCE SHEET Apr 30, 2014 NOTE Assets CASH U.S. TRUST 63.137.056 JP MORGAN 7.766.090 70.903.146 FINE ART AND TANGIBLE INVESTMENTS ART FINE (1) 1.634.237.229 ART - BRONZES - CHINESE 330.474.000 ART - RARE BOOKS & MANUSCRIPTS 76.483.850 JEWELRY 46.622.879 ART BRONZES - SOUTHEAST ASIA 23.850.000 2.111.667.958 FINANCIAL INVESTMENTS GRAT ANNUITIES RECEIVABLE (2) 1.574.520.072 MARKETABLE SECURITIES 7.426.085 APOLLO RELATED INVESTMENTS 22.234.263 OTHER PRIVATE EQUITY/ DEBT & RESTRICTED STOCK 5.097.700 INVESTMENT PARTNERSHIPS 28.779 DISTRIBUTION RECEIVABLE- BFP LP 874.086 1.610.180.985 BLACK FAMILY PARTNERS, LP (LOOK THROUGH) 10.5382% CASH - US TRUST 398.434 CASH - JP MORGAN 173.418 BRH HOLDINGS. LP (APO) - $27.13 265.108.234 DUE FROM APOLLO AFFILIATE 36.621.770 INVESTMENT PARTNERSHIPS 25.164.166 INTRA-FAMILY RECEIVABLE (NET) 6.644.322 HERITAGE PAYMENT RECEIVABLE 261.025 334.371.369 REAL ESTATE RESIDENCE - 29.000.000 RESIDENCE - 1.000.000 RESIDENCE - 30.000.000 RESIDENCE - 50.000.000 RESIDENCE - 2.000.000 112.000.000 TANGIBLE PERSONAL PROPERTY HOUSEHOLD PROPERTY (3) 23.124.425 OTHER PERSONAL ITEMS (4) 536.000 23.660.425 PLANE, BOAT, AUTOS AVIONETA HOLDINGS LLC (PLANE) 22.100.000 AVIONETA HOLDINGS LLC (PLANE) - DEBT (5) (22.100.000) BJAV MARINE LTD. (STARFIRE) 26.000.000 BJAV MARINE LTD. (STARFIRE) DEBT (6) (17.896.667) AUTOMOBILES (7) 404.197 8.507.530 OTHER ASSETS LIFE INSURANCE - CSV (8) 18.901.825 DRB PRODUCTIONS. INC. (9) 1.580.007 20.481.832 TOTAL ASSETS 4,291,773,245 LIABILITIES NOTE PAYABLE - APO 1 AGREEMENT (10) (1.695.786.393) LOAN PAYABLE BOFA (ART) (11) (470.000.000) NET PAYABLE BLACK FAMILY PARTNERS LP (12) (55.370.351) (2.221.156.744) TOTAL LIABILITIES (2,221,156,744) NET WORTH 2.070.616,501 COMMITMENTS CHARITABLE (13) 28.429.428 Page 1 of 4 EFTA01192329