Page 104 - Aug 2019 BOG Book_Neat

Exhibit D
(Continued)

Note 5 - INVESTMENTS

Investments held as of June 30, 2018 and 2017 are summarized as follows:

2018 2017
Fair Fair
Cost Value Cost Value

LSBA:
Unrestricted:
Common stock $ 2,659,538 $ 4,782,909 $ 2,609,399 $ 4,410,409
Corporate bonds 3,384,453 3,297,235 3,075,753 3,044,815
Temporarily restricted:
Common stock 512,091 507,648 - -
Corporate bonds 464,583 459,680 - -
Variable annuity
contract 394,914 394,914 383,411 383,411

Total - LSBA 7,415,579 9,442,386 6,068,563 7,838,635

LCLCE:
Permanently restricted:
Bank certificate of
deposit 13,319 13,319 19,159 19,159

Total - LCLCE 13,319 13,319 19,159 19,159

Totals $ 7,428,898 $ 9,455,705 $ 6,087,722 $ 7,857,794

Presented below is a summary of realized and unrealized gains and losses on investments
for the years ended June 30, 2018 and 2017:

2018
Excess of
Fair Fair Value
Cost Value Over Cost

Balances as of June 30, 2018 $ 7,428,898 $ 9,455,705 $ 2,026,807
Balances as of June 30, 2017 $ 6,087,722 $ 7,857,794 1,770,072

Unrealized gain on investments 256,735
Realized loss for the year (149,384)

Gain on investments, net $ 107,351

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