From: Richard Josli Sent: Friday, November 21, 2014 1:43 PM To: jeffrey E. Subject: RE: Trust reporting - BFP LP look through OK From: jeffrey E. [mailto:[email protected] Sent: Friday, November 21, 2014 8:11 AM To: Richard Joslin Subject: Re: Trust reporting - BFP LP look through DO NOT On Fri, Nov 21, 2014 at 8:09 AM, Richard Joslin wrote: I prepared the attached version of financial statements to accompany the previously handed out materials. I have shown BFP LP assets on a look though basis, with BFP assets apportioned 19.72% to the trusts. While 89% of BFP LP assets is APO/ BRH, there is 8.2% or approx. S46M of financial investments that are the trust's aliquot share. I think this provides a better reflection of the trust's financial investments and a slightly better reflection of overall composition of assets by class. Not essential as a distribution today but I thought it might be helpful. Let me know if you think I should add to package, i.e. email RR and hand out at meeting. I received the insurance policies yesterday and I have a two page handout summarizing the carriers and the premium allocation among the trusts based on FMV. I think it would be helpful to have this approved. Richard Joslin CFO Elysium Management LLC EFTA_R1_01409803 EFTA02387836