IDS CERTIFICATE COMPANY
Investments in Securities of Unaffiliated Issuers Schedule I
($ in thousands)
Bal Held at
12/31/98
Principal Amt
of Bonds & Notes Cost Value at
or (Notes 12/31/98
Issuer Name and Issue Title # of Shares a & c) (Note a)
BONDS AND NOTES
United States Government-
Direct Obligations
US TREASURY BOND 6.875% 2000 165 165 169
US TREASURY BOND 5.625% 2000 200 198 204
-------------- --------------- -----------
Total U.S. Government - Direct Obligations 365 363 373
-------------- --------------- -----------
Other Bonds and Notes
United States Government Agencies
FHLMC-GNMA 40 D CMO 6.500% 2011 13,169 13,126 13,185 (f)
GNMA ARM #8377 6.625% 2018 716 714 726 (f)
GNMA ARM #8251 6.625% 2017 63 63 64 (f)
GNMA ARM #8365 6.875% 2018 1,636 1,636 1,661 (f)
GNMA ARM #8274 7.000% 2017 2,096 2,095 2,122 (f)
GNMA ARM #8293 7.000% 2017 488 488 494 (f)
GNMA ARM #8283 7.000% 2017 285 284 288 (f)
GNMA ARM #8353 6.875% 2018 919 914 933 (f)
GNMA ARM #8341 6.875% 2018 119 119 121 (f)
GNMA ARM #8240 6.625% 2017 749 740 760 (f)
GNMA ARM #8440 7.000% 2018 813 813 823 (f)
GNMA ARM #8206 6.875% 2017 1,107 1,107 1,121 (f)
GNMA ARM #8428 7.000% 2018 299 299 303 (f)
GNMA ARM #8157 6.875% 2023 4,537 4,614 4,593 (f)
GNMA ARM #8638 6.875% 2025 7,528 7,589 7,627 (f)
FNMA 30 YR #27880 9.000% 2016 48 49 50 (f)
FNMA 15 YR #34543 9.250% 2001 64 64 68 (f)
FNMA 30 YR #36225 9.000% 2016 129 131 136 (f)
FNMA 30 YR #040877 9.000% 2017 44 45 46 (f)
FNMA 30 YR #51617 10.000% 2017 89 89 96 (f)
FNMA 30 YR #52185 10.000% 2017 58 58 62 (f)
FNMA 15 YR #13705 11.000% 2000 15 16 16 (f)
FNMA 15 YR #18275 11.000% 2000 4 5 5 (f)
FNMA 15 YR #18745 11.000% 2000 3 3 3 (f)
FNMA 15 YR #2469 11.000% 2000 8 8 8 (f)
FNMA 15 YR #13157 11.000% 2000 8 8 8 (f)
FNMA 15 YR #13548 11.000% 2000 22 23 24 (f)
FNMA 15 YR #18986 11.000% 2000 5 5 6 (f)
FNMA 15 YR #64520 11.000% 2001 28 28 30 (f)
FNMA 15 YR #64523 11.000% 2000 23 23 25 (f)
FNMA 15 YR #19070 11.000% 2000 3 3 3 (f)
Bal Held at
12/31/98
Principal Amt
of Bonds & Notes Cost Value at
or (Notes 12/31/98
Issuer Name and Issue Title # of Shares a & c) (Note a)
FNMA 15 YR #19261 11.000% 2000 10 10 10 (f)
FNMA 15 YR #22569 11.000% 2000 6 6 7 (f)
FNMA 15 YR #22271 11.000% 2000 22 23 24 (f)
FNMA 15 YR #22674 11.000% 2000 16 16 17 (f)
FNMA 15 YR #22405 11.000% 2000 23 23 25 (f)
FNMA 15 YR #25899 11.000% 2001 6 6 6 (f)
FNMA 15 YR #58405 11.000% 2003 23 23 24 (f)
FNMA 15 YR #70299 10.750% 2001 98 99 104 (f)
FNMA 15 YR #66458 10.000% 2004 2,407 2,417 2,491
FNMA 15 YR 70694 MEG 9.500% 2005 1,144 1,152 1,213
FNMA 15 6.0 #50973 6.000% 2009 30,586 29,967 30,711 (f)
FNMA 10YR #303115 6.500% 2004 10,151 9,662 10,291 (f)
FNMA 15YR #124848 8.000% 2008 8,589 8,567 8,852 (f)
FNMA 15YR #303445 5.500% 2009 16,480 15,859 16,290 (f)
FNMA #73227 MULT-FAM 6.700% 2005 2,429 2,451 2,476 (f)
FNMA 15YR 190534 6.000% 2018 15,777 15,530 15,841
FNMA 15 YR #A250857 7.000% 2012 14,753 14,722 15,067 (f)
FNMA 15YR #250671 7.500% 2011 15,426 15,466 15,865 (f)
FNMA 15 YR #313561 8.000% 2012 15,003 15,288 15,513 (f)
FNMA 15YR #303779 6.000% 2011 29,895 29,374 29,988 (f)
FNMA 7.0 15YR 250670 7.000% 2011 4,934 4,970 5,038 (f)
FNMA 15YR #313522 7.000% 2012 29,007 29,172 29,624 (f)
FNMA 15YR #367005 7.000% 2012 10,717 10,660 10,953 (f)
FNMA 15YR #313042 7.000% 2011 11,095 11,139 11,331 (f)
FNMA 92 203 E CMO 6.250% 2005 3,779 3,756 3,777 (f)
FANNIEMAE GR TRST 6.610% 2018 10,000 9,998 9,965 (f)
FNMA 97-2C CMO 7.000% 2020 29,869 29,882 30,152 (f)
FN 98 50 CLASS PA 6.000% 2012 15,000 15,046 14,989 (f)
FNMA 98-8 A SEQ CMO 6.500% 2024 8,394 8,397 8,428 (f)
FNMA 97-74 G SEQ CMO 6.500% 2024 7,930 7,899 7,963 (f)
FNMA 96-10 C CMO SEQ 6.500% 2023 6,739 6,512 6,830 (f)
FNMA 97-17 CMO 7.000% 2022 45,323 45,072 45,557 (f)
FN 97 11 K SEQ CM0 7.125% 2023 7,803 7,830 7,855 (f)
FNMA ARM #70007 6.697% 2017 1,574 1,574 1,598 (f)
FNMA ARM #70009 6.924% 2018 2,261 2,261 2,296 (f)
FNMA ARM #70117 7.091% 2017 489 489 496 (f)
FNMA ARM #79384 7.790% 2019 738 738 758 (f)
FNMA ARM #70202 7.446% 2019 1,565 1,565 1,598 (f)
FNMA ARM #92069 7.351% 2018 2,017 2,017 2,057 (f)
FNMA ARM #93787 7.157% 2019 1,694 1,694 1,728 (f)
FNMA ARM #97822 7.363% 2020 269 269 274 (f)
FNMA ARM#88879 3X3 7.843% 2019 1,863 1,863 1,963 (f)
FNMA ARM#105989 3X3 7.829% 2020 1,441 1,441 1,520 (f)
FNMA ARM #249907 8.000% 2024 7,238 7,344 7,399 (f)
FNMA ARM#89125 SEMI 7.001% 2019 4,843 4,943 4,967 (f)
FNMA ARM #303259 7.286% 2025 4,811 4,939 4,921 (f)
FNMA ARM#190726 SEMI 7.173% 2033 9,260 9,444 9,479 (f)
Bal Held at
12/31/98
Principal Amt
of Bonds & Notes Cost Value at
or (Notes 12/31/98
Issuer Name and Issue Title # of Shares a & c) (Note a)
FHLMC CTF SER B-77 8.125% 2007 91 91 91 (f)
FHLMC 15 YR #200035 9.000% 2001 142 141 147 (f)
FHLMC 15 YR #200064 8.000% 2002 211 207 216 (f)
FHLMC 15 YR #212119 9.500% 2001 62 62 65 (f)
FHLMC 15 YR #218648 9.500% 2002 28 28 30 (f)
FHLMC 15 YR #200048 9.000% 2001 343 340 357
FHLMC 15YR #380025 9.500% 2003 387 386 410
FHLMC 15 YR #219679 9.500% 2003 305 303 323 (f)
FHLMC 15 YR #200022 10.500% 2000 36 36 38 (f)
FHLMC 15 YR #219757 11.000% 2003 656 679 695
FHLMC 15 YR #502175 10.500% 2004 78 79 82 (f)
FHLMC LOANS #885005 9.500% 2002 800 797 847 (f)
FHLMC 15 YR #885009 9.500% 2003 1,870 1,862 1,979
FHLMC LOANS #885008 10.000% 2003 1,375 1,380 1,458 (f)
FHLMC GOLD E00151 7.500% 2017 4,926 5,061 5,069 (f)
FHLMC 5YR BLN #G5015 7.000% 1999 54 55 55 (f)
FHLMC 15YR #G10336 7.500% 2010 4,431 4,366 4,560 (f)
FHLMC 15YR #G10344 G 7.500% 2010 9,991 9,945 10,281 (f)
FHLMC 15YR #10342 7.000% 2010 15,527 15,157 15,877 (f)
FHLMC 5YR BLN #G5025 7.500% 2000 10,133 10,151 10,259 (f)
FHLMC 15YR G10364 7.000% 2010 12,965 12,901 13,257 (f)
FHLM 15 6.5 #G10369 6.500% 2010 29,881 29,544 30,338 (f)
FHLMC 15 #G10350 GLD 6.500% 2010 17,304 17,269 17,575 (f)
FHLMC 15YR #E00383 7.000% 2010 13,355 13,335 13,656 (f)
FHLMC 15YR GOLD 6.500% 2010 14,825 14,758 15,056 (f)
FH GD 15YR #E00426 6.500% 2011 7,021 6,959 7,126 (f)
FH15YR #G10439 GOLD 6.500% 2011 3,629 3,546 3,684 (f)
FHLMC 15YR G10627 6.500% 2011 23,454 23,128 23,806 (f)
FHLMC 15YR G10665 GD 7.000% 2012 60,986 60,850 62,358 (f)
FHLMC T-009 A2 HEL 6.430% 2013 10,000 10,000 10,040 (f)
FHLMC 15YR 11.000% 2003 781 799 829 (f)
FHLMC GOLD E00484 6.500% 2012 6,235 6,099 6,332 (f)
FHLMC GOLD #E00476 6.500% 2012 14,824 14,503 15,038 (f)
FHLMC15YR E00388GOLD 7.000% 2010 8,289 8,178 8,476 (f)
FHLMC ARM #840035 7.364% 2019 765 765 776 (f)
FHLMC ARM #840045 7.644% 2019 2,911 2,911 2,955 (f)
FHLMC ARM #605050 7.555% 2018 290 290 296 (f)
FHLMC ARM #605041 7.594% 2019 226 226 231 (f)
FHLMC ARM #605048 7.201% 2018 1,022 1,022 1,039 (f)
FHLMC ARM #605079 7.470% 2018 927 927 946 (f)
FHLMC ARM #605175 7.567% 2019 2,398 2,398 2,443 (f)
FHLMC ARM #605352 7.239% 2018 1,665 1,665 1,693 (f)
FHLMC ARM #605433 7.336% 2017 1,177 1,177 1,194 (f)
FHLMC ARM #605432 6.996% 2017 407 407 414 (f)
FHLMC ARM #405185 7.415% 2018 1,232 1,232 1,247 (f)
FHLMC ARM #405249 7.463% 2018 1,471 1,471 1,497 (f)
FHLMC ARM #630074 7.250% 2018 404 404 409 (f)
FHLMC ARM #605854 7.497% 2019 1,820 1,820 1,854 (f)
Bal Held at
12/31/98
Principal Amt
of Bonds & Notes Cost Value at
or (Notes 12/31/98
Issuer Name and Issue Title # of Shares a & c) (Note a)
FHLMC ARM #630048 6.875% 2018 11 11 12 (f)
FHLMC ARM #405092 7.118% 2019 909 909 922 (f)
FHLMC ARM #840072 7.351% 2019 1,279 1,279 1,297 (f)
FHLMC ARM #605454 7.110% 2017 3,465 3,465 3,510 (f)
FHLMC ARM #405437 7.525% 2019 217 217 221 (f)
FHLMC ARM #405455 7.527% 2019 652 652 661 (f)
FHLMC ARM #405243 7.385% 2019 528 528 537 (f)
FHLMC ARM #606025 6.912% 2019 3,789 3,789 3,812 (f)
FHLMC ARM #606024 6.881% 2019 1,003 1,003 1,009 (f)
FHLMC ARM #405517 7.000% 2019 279 280 285 (f)
FHLMC ARM#605853 7.472% 2019 2,241 2,241 2,286 (f)
FHLMC ARM #405014 7.213% 2019 500 500 508 (f)
FHLMC ARM #401587 7.375% 2018 1,595 1,595 1,619 (f)
FHLMC ARM 840031 7.409% 2019 205 205 208 (f)
FHLMC ARM #840036 7.417% 2019 940 940 957 (f)
FHLMC ARM #405615 7.150% 2019 692 692 702 (f)
FHLMC ARM #405360 7.493% 2019 717 717 729 (f)
FHLMC ARM #606151 7.609% 2019 3,276 3,276 3,341 (f)
FHLMC ARM #635054 7.476% 2020 193 193 197 (f)
FHLMC ARM #405675 7.542% 2020 1,187 1,187 1,207 (f)
FHLMC ARM #405692 7.514% 2020 1,582 1,582 1,610 (f)
FHLMC ARM #606301 7.841% 2020 3,987 3,987 4,093 (f)
FHLMC ARM #405744 7.579% 2020 844 844 859 (f)
FHLMC ARM#865008 3X3 8.448% 2018 4,787 4,787 4,903 (f)
FHLMC ARM #845154 7.537% 2022 2,335 2,405 2,359 (f)
FHLMC ARM #845654 7.766% 2024 7,827 7,939 7,977 (f)
FHLMC ARM #350190 7.625% 2022 3,624 3,729 3,689 (f)
FHLMC ARM #845523 7.473% 2023 3,775 3,881 3,836 (f)
FHLMC ARM #845733 7.502% 2024 12,966 13,191 13,230 (f)
FHLMC ARM #845730 7.516% 2024 15,253 15,737 15,434 (f)
FHLMC ARM #845973 7.482% 2024 4,633 4,633 4,745 (f)
FHLMC ARM #845999 7.355% 2027 13,966 14,085 14,211 (f)
FHLMC ARM #846072 7.477% 2022 3,561 3,648 3,646 (f)
FHLMC ARM#846107LIB 7.946% 2025 4,339 4,436 4,420 (f)
FHLMC ARM#785363 3X1 7.864% 2025 3,137 3,178 3,165 (f)
FHLMC ARM #606903 7.157% 2022 530 535 531 (f)
FHLMC ARM#785615 3X1 6.655% 2026 8,411 8,365 8,650 (f)
FHLMC ARM#785634 3X1 6.743% 2026 8,652 8,680 8,933 (f)
FHLMC ARM#785619 3X1 6.605% 2026 3,433 3,452 3,543 (f)
FHLMC ARM#785672 3X1 6.705% 2026 4,804 4,826 4,854 (f)
-------------- --------------- -----------
Total United States Government Agencies 856,406 854,043 869,850
-------------- --------------- -----------
Municipal Bonds
California
CAL HSG 95-O TAX MUN 7.740% 2016 10,645 10,645 11,159 (b) (f)
CAL HSG FIN 1996-M 7.890% 2016 8,245 8,245 8,583 (b) (f)
Bal Held at
12/31/98
Principal Amt
of Bonds & Notes Cost Value at
or (Notes 12/31/98
Issuer Name and Issue Title # of Shares a & c) (Note a)
Illinois
CHICAGO IL SAN DIST 9.250% 2000 1,000 1,021 1,060 (b) (f)
*CHIC IL GAS SPY SRC 7.500% 2015 4,500 4,500 4,768 (b) (f)
Minnesota
WEST MN MUNI POWER 10.250% 2015 3,120 3,120 3,120 (b) (f)
New York
NEW YORK CITY NT GO 7.750% 2000 335 335 339 (b) (f)
NEW YORK PWR AUTH 9.500% 2001 180 186 187 (b) (f)
Pennsylvania
WY VALLEY PA SWR 5.125% 2007 115 115 119 (b) (f)
Texas
AUSTIN TX UTILITY 10.750% 2015 3,735 3,908 4,102 (b) (f)
-------------- --------------- -----------
Total Municipal Bonds 31,875 32,075 33,437
-------------- --------------- -----------
Public Utility
AES CORP SNR SUB NTS 8.375% 2007 5,000 4,979 4,987 (b) (d) (f)
ALLIED WASTE 144A 7.375% 2004 800 799 808 (d) (f)
AVON ENERGY 6.730% 2002 4,750 4,750 4,888 (b) (d) (f)
BAROID CORP 8.000% 2003 5,000 4,990 5,269
BARRETT RESOURCES 7.550% 2007 3,000 3,003 3,186 (f)
CMS ENERGY 7.375% 2000 4,700 4,697 4,789 (f)
CSW INVESTMENTS 144A 6.950% 2001 10,000 9,993 10,302 (b) (d) (f)
CABLE & WIRELESS COM 6.375% 2003 6,000 5,976 6,040 (f)
CAL ENERGY CO INC 9.500% 2006 4,000 4,027 4,440 (f)
CROSS TIMBERS OIL CO 8.750% 2009 3,000 3,000 2,670 (f)
CYTEC INDUSTRIES INC 6.500% 2003 10,500 10,491 10,138 (f)
DETROIT EDISON 6.280% 2000 7,000 6,980 7,099 (f)
EL PASO ELEC CO 7.250% 1999 2,000 2,000 2,002 (f)
ENRON CORP 6.625% 2003 5,000 5,027 5,130 (f)
ENRON CORP 6.450% 2001 10,000 10,000 10,255 (f)
INTL SPECIALTY PROD 9.000% 1999 15,000 15,019 15,039
JERSEY CENTRAL P&L 6.040% 2000 5,000 5,000 5,053
KN ENERGY INC 6.450% 2003 8,000 7,988 8,031 (f)
KANSAS CITY P&L 7.340% 1999 10,000 10,000 10,150
MCN INV`T CORP MTN 6.890% 2002 9,000 9,030 9,322 (f)
NEW PARK RESOURCES 8.625% 2007 2,500 2,528 2,500 (f)
NIAGARA MHWK PWR 7.375% 2003 3,000 3,097 3,139 (f)
NORAM ENERGY CORP 7.500% 2000 5,000 4,990 5,150 (f)
NORCEN ENERGY RES 6.800% 2002 10,000 9,986 10,173 (f)
NOVACOR CHEMICALS 6.500% 2000 10,000 9,986 10,074 (f)
OCCIDENTAL PETROLEUM 6.410% 2000 5,000 4,980 5,060 (f)
ORYX ENERGY 8.650% 1999 15,000 15,000 15,000
Bal Held at
12/31/98
Principal Amt
of Bonds & Notes Cost Value at
or (Notes 12/31/98
Issuer Name and Issue Title # of Shares a & c) (Note a)
PUBLIC SERV E&G CAP 6.800% 2002 10,000 10,025 10,277 (d) (f)
PUB SERVICE ELEC GAS 6.740% 2001 12,000 12,000 12,342 (d) (f)
PACIFIC GAS TRANS 6.640% 2000 5,000 5,000 5,100 (f)
PAGING NETWORK 10.000% 2008 2,000 2,000 1,950 (f)
PRAXAIR INC 6.750% 2003 5,000 4,819 5,136 (f)
QWEST COMMUNICATION 7.250% 2008 3,000 3,000 3,075 (b) (d) (f)
SALTON SEA CL A 6.690% 2000 2,081 2,081 2,095 (f)
SMITH INT`L INC 7.240% 2001 10,000 10,000 10,281 (b) (d) (f)
TELEPORT COMM 9.875% 2006 4,000 4,073 4,555 (f)
TEXAS UTILITIES 6.370% 2000 10,000 10,000 10,211 (f)
TOSCO CORP 7.000% 2000 5,000 4,997 5,094 (f)
USX CORP 7.200% 2004 13,000 13,327 13,480 (f)
USA WASTE SERVICES 6.500% 2002 10,000 9,997 10,264 (f)
WILLIAMS CO INC 6.500% 2002 12,000 11,992 12,133 (f)
-------------- --------------- -----------
Total Public Utility 281,331 281,627 286,687
-------------- --------------- -----------
Finance
AG CAP FND SR.NT FLT 6.494% 2004 20,000 19,982 18,550 (d) (f)
AT&T CAPITAL CORP 6.900% 2002 15,000 14,919 14,953 (f)
ADVANTA MTG 98-1 A2 6.250% 2014 5,000 5,000 5,006 (f)
AERCO LDT S-1A CL C1 6.885% 2023 13,496 13,353 12,889 (d) (f)
O`N`E` LOAN TRUST 97 7.906% 2007 25,000 25,000 25,000 (b) (d) (f)
ALLIANCE INV CBO FLT 6.713% 2006 19,000 19,000 18,620 (d) (f)
ARISTAR FINL 7.875% 1999 3,000 3,000 3,007 (f)
ATHENA CBO LIMIT FLT 5.939% 2010 10,000 9,966 9,950 (f)
BANKAMERICA CORP 9.750% 2000 10,000 10,126 10,599
BANPONCE FIN CORP 6.580% 2003 5,000 4,987 5,217 (f)
BISTRO TRST 1997-100 6.350% 2002 7,000 6,986 7,076 (d) (f)
BISTRO TRT 98-1000 6.580% 2001 14,000 14,000 14,206 (d) (f)
CA INF BK SDG E1 A2 6.040% 2002 1,500 1,500 1,511 (f)
CAPITAL ONE BANK 7.350% 2000 5,000 4,998 5,145 (f)
CAPITAL ONE BANK 6.375% 2003 5,500 5,486 5,477 (f)
CARAVELLE INV B FLTG 7.088% 2005 17,500 17,500 17,325 (f)
CARCO AUTO 97-1 6.689% 2004 12,000 12,000 12,051 (f)
CCMSC 1997-2 CLSS A1 6.450% 2004 4,508 4,509 4,604 (f)
COMMERCIAL CREDIT 8.250% 2001 9,000 8,944 9,661 (f)
CONTI FINANCIAL CORP 8.375% 2003 5,000 4,990 3,750 (f)
CONTI MTG HEL TRTA-6 6.690% 2016 10,000 10,000 10,192 (f)
CONTI 98-1 CLASS A5 6.430% 2016 10,000 9,998 10,118 (f)
COUNTRYWIDE FUNDING 8.420% 1999 19,700 19,700 19,796
ECH FUNDING 98-1 A-2 6.385% 2010 19,000 19,000 18,216 (d) (f)
EQCC 97-3 A6 ABS HEL 6.610% 2021 5,000 5,010 5,107 (f)
FDIC 96-1C CLASS 1A 6.750% 2026 5,030 5,028 5,028 (f)
FMAC LLC 98-D CL A-1 6.111% 2019 5,000 5,025 5,033 (d) (f)
FINOVA CAP C MTN 6.190% 2000 3,000 3,016 3,011 (f)
FBMS 93-2 CL B1 CMO 7.500% 2033 6,286 6,434 6,791 (f)
FIRST DOMINION CBO 1 6.981% 2013 19,000 19,000 16,934 (d) (f)
Bal Held at
12/31/98
Principal Amt
of Bonds & Notes Cost Value at
or (Notes 12/31/98
Issuer Name and Issue Title # of Shares a & c) (Note a)
FULB 97-C1 A-1 MBS 7.150% 2004 9,399 9,548 9,768 (f)
FULB 97-C2 CLASS A1 6.479% 2004 8,918 8,954 9,066 (f)
FIRST USA DEP NT 6.375% 2000 5,000 4,994 5,129 (f)
FIRSTPLUS 98-A-A NIM 8.500% 2023 6,310 6,281 5,839 (f)
GATX CAPITAL CORP 6.500% 2000 5,000 5,000 5,082 (f)
GATX CAP CORP MTN 6.360% 2002 5,000 4,946 4,974 (f)
GMAC 96-C1 COMM MBS 6.790% 2003 4,331 4,344 4,469 (f)
GMAC 97-C2 A CMBS 6.451% 2004 4,769 4,788 4,908 (f)
GS-96PROTECT LIFE A1 7.020% 2027 6,302 6,407 6,673 (f)
GMAC 7.750% 1999 20,000 19,998 20,013 (f)
GREAT WESTERN FINL 6.375% 2000 3,000 2,996 3,036 (f)
GREENTREE EQP 96-B 7.700% 2018 7,424 7,530 7,544 (f)
GREENPOINT BANK 6.700% 2002 9,250 9,283 9,387 (f)
HELLER FINANCIAL 6.500% 2000 8,000 8,001 8,098 (f)
HELLER FINANCIAL 6.440% 2002 5,000 4,983 5,108 (f)
HOMESIDE LENDING 6.875% 2002 10,000 9,998 10,421 (f)
HOUSEHOLD FIN MTN 7.100% 2002 10,000 9,995 10,426 (f)
INDOSUEZ CAP B-2 CLO 6.727% 2010 16,500 16,500 16,005 (d) (f)
INTL LEASE FINANCE 7.950% 1999 12,000 12,000 12,017 (f)
IROQUOIS TRUST 97-1A 7.000% 2006 10,000 10,004 10,092 (d) (f)
IROQUOIS TRUST 97-2A 6.752% 2007 15,000 14,988 15,143 (d) (f)
KEYCORP SENIOR 7.430% 2000 4,000 3,998 4,118 (f)
LBCMT 98-C1 A-1 CMBS 6.330% 2004 3,778 3,795 3,861 (f)
LBCMT 98-C4 A1A CMBS 5.870% 2035 4,978 5,003 5,012 (f)
LONG ISL SAV BK 7.000% 2002 5,000 4,992 5,186 (f)
MBNA AMER BANK NA 7.540% 2001 10,000 9,996 10,522
MBNA CORP 6.500% 2000 5,000 4,999 5,069 (f)
ML CBO14 98-E&P-1 FL 7.119% 2010 11,000 11,000 9,782 (d) (f)
MARGARETTEN FIN'L 6.750% 2000 15,250 15,310 15,561 (f)
MERCHANDISE MART LLC 6.747% 1999 15,000 15,000 15,000 (b) (d) (f)
ML CLO 98 PILG-3 7.000% 2010 7,500 7,448 6,962 (f)
ML CBO 98 AIG-2 B-1 7.100% 2010 6,500 6,475 6,050 (f)
ML CBO 98 SER 1 B1 6.945% 2009 10,500 10,477 9,618 (f)
MONEYSTORE 97-A 7.210% 2021 4,000 4,000 4,101 (f)
JPMS 96-C2 CL A 6.470% 2027 3,452 3,470 3,518 (f)
JPM 98-C6 A1 CMBS 6.373% 2030 3,685 3,701 3,750 (f)
MS CAP 1996-WFI MBS 7.220% 2028 10,000 10,118 10,587 (f)
MS CAP 1 1997-XL A-1 6.590% 2030 14,507 14,567 15,027 (f)
MS CAPI 97-ALIC A1 A 6.300% 2000 7,241 7,241 7,320 (f)
MS CAP 98-WF1 CMBS 6.250% 2007 2,417 2,427 2,471 (f)
MCF 96-MC2 CLS A1 6.758% 2004 9,202 9,260 9,508 (f)
NORWEST FINANCIAL 7.250% 2000 4,500 4,498 4,612
ORIX CR ALL 144A MTN 6.640% 2002 16,000 16,000 16,124 (d) (f)
PAMCOIII CLO 98-1 B2 6.570% 2010 19,000 19,000 18,620 (d) (f)
PENSKE TRUCK LEASING 7.750% 1999 3,000 3,009 3,027 (f)
BANK POPULAR N.A. 6.625% 2002 12,000 11,991 12,583 (f)
PROVIDENT BANK 6.125% 2000 5,000 4,995 5,072
PROVIDIAN 97-4-A CRD 6.250% 2007 10,500 10,486 10,814 (f)
Bal Held at
12/31/98
Principal Amt
of Bonds & Notes Cost Value at
or (Notes 12/31/98
Issuer Name and Issue Title # of Shares a & c) (Note a)
PROVIDIAN BANK 6.700% 2003 13,000 12,992 13,097 (f)
PHMS 1993-39 A8 SUPP 6.500% 2008 10,056 9,711 10,098 (f)
RFMSI 1998-S23 CL A1 6.000% 2028 14,834 14,939 14,788 (f)
SASCO 98-C3 CLASS B 5.792% 2001 4,995 4,961 5,013 (d) (f)
SL CMBS 97-C1 CLS A 6.875% 2004 15,203 15,318 15,691 (d) (f)
SBMS VII 91-1 B1 9.700% 2006 422 422 421 (f)
SANWA BUS CREDIT MTN 7.250% 2001 10,000 9,995 10,416 (b) (d) (f)
SAXON 98-1 AF3 HEL 6.450% 2024 2,000 1,999 2,018 (f)
SAXON 95-1 BA2 ARM 7.668% 2025 1,490 1,511 1,512 (f)
SOMERS CBO FLT 5.975% 2012 11,000 10,928 10,945 (f)
SASCO96-CL1 AIC 5.944% 2028 2,673 2,673 2,670 (f)
TCW GEM II 144A FLT 6.781% 2012 25,000 23,802 7,500 (b) (d) (f)
TRANS OCEAN CRP 144A 6.670% 2007 10,141 10,095 10,442 (d) (f)
UCFC 95 CA2 ASSET BK 6.575% 2011 1,618 1,619 1,620 (f)
UCFC 97-B CL A-4 ABS 6.940% 2023 7,000 6,994 7,160 (f)
UNIFRAX INVESTMENT 10.500% 2003 5,000 5,030 5,200 (f)
VAN KAMPEN CLOII LMT 6.940% 2008 5,000 5,000 4,531 (d) (f)
VANDERBILT 98-A A2 6.140% 2006 3,000 3,000 3,018 (f)
WAYLAND FUND 7.790% 2004 5,000 5,000 5,000 (b) (d) (f)
WELLSFORD RESID PROP 7.250% 2000 5,000 4,989 5,144 (f)
ICI INVESTMENTS EMTN 6.750% 2002 10,000 10,068 10,126 (f)
-------------- --------------- -----------
Total Finance 875,165 874,297 858,306
-------------- --------------- -----------
Industrial
AAF MCQUAY 8.875% 2003 10,000 10,113 9,738 (f)
AGCO CORP 8.500% 2006 5,000 4,969 4,800 (f)
AK STEEL CORP 9.125% 2006 3,000 3,058 3,135 (f)
ADVANCED LIGHTING 8.000% 2008 2,000 2,016 1,910 (b) (d) (f)
AMER AIRLINES LESSEE 6.400% 2008 2,538 2,538 2,538 (b) (d) (f)
AMER AIRLINES LESSEE 6.400% 2008 2,338 2,338 2,338 (b) (d) (f)
AMER AIRLINES LESSEE 6.400% 2008 2,445 2,445 2,445 (b) (d) (f)
AMER AIRLINES LESSEE 6.400% 2008 2,650 2,650 2,650 (b) (d) (f)
AMER AIRLINES LESSEE 6.400% 2008 821 821 821 (b) (d) (f)
AMER AIRLINES LESSEE 6.400% 2008 820 820 820 (b) (d) (f)
AMERICAN STANDARD 10.875% 1999 1,000 1,010 1,024 (f)
AMERISERVE FOOD SER 10.125% 2007 4,000 4,109 3,640 (f)
ANTENNA TV SA 9.000% 2007 5,000 4,911 4,400 (f)
APPLIED MATERIALS 6.650% 2000 5,000 5,000 5,073 (f)
ARGO-TECH CORP 8.625% 2007 2,000 2,000 1,905 (f)
ARMCO STEEL 144A 8.875% 2008 2,000 1,984 2,020 (f)
AVIATION SALES 8.125% 2008 2,000 1,995 1,985 (f)
BECKMAN INSTRUMENTS 7.100% 2003 5,000 5,000 5,179 (f)
A.H. BELO 6.875% 2002 17,885 18,266 18,671 (f)
BLACK & DECKER 7.500% 2003 10,000 10,299 10,652 (f)
BOYD GAMING CORP 9.250% 2003 5,000 4,985 5,162 (f)
BROWN GROUP 8.600% 1999 5,000 5,000 5,012
BURLINGTON NORTHERN 6.375% 2005 5,000 4,998 5,255
Bal Held at
12/31/98
Principal Amt
of Bonds & Notes Cost Value at
or (Notes 12/31/98
Issuer Name and Issue Title # of Shares a & c) (Note a)
CSX CORP 7.050% 2002 10,000 9,995 10,390 (f)
REYNOLDS METALS CAN 6.625% 2002 15,600 15,696 16,085 (f)
CAPSTAR HOTEL 8.750% 2007 3,000 2,996 2,936 (f)
CHIQUITA BRANDS INTL 10.250% 2006 3,000 2,985 3,131 (f)
CHRYSLER FINANCE 7.590% 2000 5,000 5,000 5,135 (f)
CINCINNATI MILACRON 7.875% 2000 5,000 5,038 5,110 (f)
CINEMARK USA INC 8.500% 2008 2,000 1,996 1,990 (f)
COLTEC INDUSTRIES 7.500% 2008 2,000 1,997 2,117 (f)
COMCAST CABLE 8.125% 2004 10,000 9,993 11,093 (f)
CONTAINER CORP AMER 9.750% 2003 4,000 3,982 4,045 (f)
CONT'L CABLEVISION 8.300% 2006 4,000 3,990 4,502 (d)
COX COMMUNICATIONS 6.375% 2000 25,000 24,959 25,357 (f)
CROWN CORK & SEAL 6.750% 2003 14,950 15,004 15,036 (f)
DAYTON HUDSON 6.400% 2003 10,000 9,980 10,330 (f)
DAYTON HUDSON CO 6.800% 2001 5,000 5,000 5,173 (f)
DOMAN INDUSTRIES LTD 9.250% 2007 3,000 3,014 2,220 (f)
DOMINO`S 144A 10.375% 2009 2,000 2,015 1,990 (d) (f)
BERGEN BRUNSWIG(DUR) 7.000% 2006 20,000 20,032 20,325 (f)
ERAC USA 144A 6.950% 2004 9,000 9,112 9,217 (d) (f)
ENTERPRIS RENT-A-CAR 8.750% 1999 5,000 4,999 5,147 (d)
EXTENDICARE HLTH SER 9.350% 2007 1,000 1,000 920 (f)
EYE CARE CENTERS 8.958% 2008 2,000 2,000 1,885 (d) (f)
FEDDERS N. AMERICA 9.375% 2007 3,000 3,016 3,023 (f)
FEDERAL-MOGUL 8.800% 2007 4,000 3,989 4,270 (f)
FORD MOTOR CREDIT 6.375% 2000 10,000 10,050 10,173
FORD MOTOR CR MTN 7.060% 2001 5,000 4,990 5,190 (f)
FURON COMPANY 8.125% 2008 2,000 2,000 1,980 (f)
GATC 6.320% 2000 10,000 9,993 10,159 (f)
GE CAPITAL CORP 8.125% 1999 12,000 12,000 12,025 (f)
GENESIS HEALTHCARE 9.250% 2006 5,000 5,000 4,844 (f)
GIANT INDUSTRIES 9.000% 2007 5,000 5,000 4,900 (f)
GRAHAM PACKAGING FLT 9.375% 2008 1,500 1,500 1,470 (f)
HAYES WHEELS INT'L 9.125% 2007 3,000 3,006 3,120 (f)
HAYES WHEELS INT`L 9.125% 2007 1,000 1,000 1,040 (f)
HERITAGE MEDIA 8.750% 2006 4,500 4,567 4,849 (f)
HOWMET INC* 10.000% 2003 3,000 3,156 3,296 (f)
ITT CORP 6.250% 2000 5,000 4,930 4,954 (f)
ISPMEX 144A LIQUID 10.125% 2003 4,605 4,605 4,104 (d) (f)
INTEGON CORP 9.500% 2001 2,000 1,987 2,207
INT`L SHIPHOLDING 7.750% 2007 2,000 1,990 1,868 (f)
INTERPOOL INC 6.625% 2003 12,500 12,486 12,421 (f)
K-III COMM PUT/96 8.500% 2006 5,000 4,983 5,150 (f)
KAUFMAN & BROAD HOME 7.750% 2004 3,000 2,979 2,955 (f)
KROGER CO 8.150% 2006 4,000 4,004 4,471 (f)
LTV CORPORATION 8.200% 2007 5,000 4,972 4,731 (f)
LAMAR ADVERTISING 8.625% 2007 5,000 5,007 5,181 (f)
LGETT&PLATT MTN SERD 7.185% 2002 10,000 9,964 10,476 (d) (f)
LIFE STYLE FURN 10.875% 2006 3,000 3,025 3,300 (f)
Bal Held at
12/31/98
Principal Amt
of Bonds & Notes Cost Value at
or (Notes 12/31/98
Issuer Name and Issue Title # of Shares a & c) (Note a)
MJD COMMUNICATIONS 9.159% 2008 3,000 3,000 2,910 (f)
MARK IV 7.500% 2007 3,000 2,986 2,898 (f)
MAXXIM MEDICAL 10.500% 2006 4,000 4,029 4,310 (f)
MEDIAONE GROUP INC 6.850% 2002 15,500 15,495 15,982 (f)
FRED MEYERS INC 7.150% 2003 5,000 4,992 5,216 (f)
MULTICARE CO 9.000% 2007 4,000 4,013 3,800 (f)
MURRIN-MURRIN 144A 8.813% 2005 1,600 1,600 1,408 (d) (f)
MURRIN-MURRIN 144A 8.813% 2005 2,400 2,400 2,112 (d) (f)
NEWS AMER HLDGS 7.500% 2000 10,000 9,986 10,279 (f)
NORFOLK SOUTHERN 6.950% 2002 15,000 15,162 15,655 (f)
NORTEK INC 9.125% 2007 2,500 2,522 2,575 (f)
OFFSHORE LOGISTICS 7.875% 2008 2,000 2,005 1,910 (f)
OUTDOOR SYSTEMS INC 9.375% 2006 5,000 5,000 5,419 (f)
PARACELSUS HEALTH 10.000% 2006 5,000 5,051 4,600 (f)
PARAMOUNT COMMUN 5.875% 2000 5,350 5,290 5,371 (f)
PARK-OHIO INDUSTRIES 9.250% 2007 1,000 1,004 1,022 (f)
PENNEY J.C. & CO 7.250% 2002 10,000 9,997 10,490 (f)
PHARMERICA INC 8.375% 2008 2,000 2,017 1,800 (f)
PILLOWTEX CORP 9.000% 2007 4,000 4,057 4,160 (f)
PRINTPACK INC 9.875% 2004 2,500 2,500 2,562 (f)
QUAKER OATS 6.940% 2003 1,500 1,503 1,578 (f)
QUAKER OATS 6.470% 2000 10,000 10,015 10,159 (f)
REPAP WISCONSIN 9.250% 2002 15,000 15,425 15,656 (f)
RITE AID CORP 6.700% 2001 5,000 4,999 5,151 (f)
ROLLINS TRUCK 6.875% 2001 5,000 4,999 5,124 (f)
RYDER SYSTEM 7.910% 2000 5,000 5,013 5,117 (f)
RYERSON TULL 8.500% 2001 5,000 5,000 5,212 (f)
S C INTERNATIONAL 9.250% 2007 5,000 5,023 5,025 (f)
SCOTSMAN GROUP INC 8.625% 2007 3,500 3,491 3,587 (f)
SEA CONTAINERS LTD 7.875% 2008 2,000 2,000 1,925 (f)
SHOP VAC CORP 10.625% 2003 2,000 2,000 2,183 (f)
SHOWBOAT INC 9.250% 2008 4,000 3,803 4,160
SMITHFIELD FOODS INC 7.625% 2008 2,000 1,993 1,932 (f)
STENA AB 10.500% 2005 3,000 3,000 3,053
SUNAMERICA 9.000% 1999 20,000 20,000 20,016
SUPERVALU INC 7.250% 1999 8,000 7,991 8,072 (f)
SUPERVALU INC 6.500% 2000 5,000 4,998 5,110 (f)
TEEKAY SHIPPING CORP 8.320% 2008 3,000 3,028 2,989 (f)
TELEWEST PLC 9.625% 2006 2,000 2,000 2,075
TENET HEALTHCARE CO 8.625% 2003 7,000 6,984 7,332 (f)
TITAN WHEEL INT`L IN 8.750% 2007 4,100 4,082 4,018 (f)
TRICO MARINE SERVICE 8.500% 2005 3,000 2,986 2,580 (f)
TYSON FOODS 6.410% 2000 10,000 10,004 10,214 (f)
US INDUSTRIES 144A 7.125% 2003 6,000 5,982 5,912 (d) (f)
UNION TANK CAR 6.500% 2008 6,207 6,198 6,363 (f)
UNITED AIR 1991A-1 9.200% 2008 4,281 4,043 5,068
US HOME CORP 7.750% 2005 1,500 1,497 1,432 (f)
UNITED STATIONERS 8.375% 2008 1,000 1,000 1,004 (f)
Bal Held at
12/31/98
Principal Amt
of Bonds & Notes Cost Value at
or (Notes 12/31/98
Issuer Name and Issue Title # of Shares a & c) (Note a)
VIACOM INC 6.750% 2003 5,000 4,997 5,161
WALBRO CORP 10.125% 2007 3,000 3,037 2,940 (f)
WHITMAN CORP 6.250% 2000 5,000 4,976 5,074 (f)
AMER AIRLINES LESSE 6.400% 2008 1,248 1,248 1,248 (b) (d) (f)
AMER AIRLINES LESSE 6.400% 2008 1,248 1,248 1,248 (b) (d) (f)
AMER AIRLINES LESSE 6.400% 2008 1,248 1,248 1,248 (b) (d) (f)
AMER AIRLINES LESSE 6.400% 2008 853 853 853 (b) (d) (f)
AMER AIRLINES LESSE 6.400% 2008 855 855 855 (b) (d) (f)
AMER AIRLINES LESSE 6.400% 2008 924 924 924 (b) (d) (f)
AMER AIRLINES LESSE 6.400% 2008 923 923 923 (b) (d) (f)
AMER AIRLINES LESSE 6.400% 2008 925 925 925 (b) (d) (f)
WORLD COLOR PRESS 8.375% 2008 3,000 3,000 3,015 (b) (d) (f)
WYMAM GORDON CO 8.000% 2007 1,000 994 1,013 (f)
ASTRON CBO LTD FLT 6.392% 2010 17,500 17,500 15,794 (d) (f)
-------------- --------------- -----------
Total Industrial 685,814 687,198 695,211
-------------- --------------- -----------
Total Other Bonds and Notes 2,730,591 2,729,241 2,743,492
-------------- --------------- -----------
TOTAL BONDS AND NOTES 2,730,956 2,729,604 2,743,865
-------------- --------------- -----------
PREFERRED STOCK
Public Utility
ALLTEL 7.75 $100 PAR 7.750% 2005 18 1,845 1,851 (d)
AMERICAN WTRWRKS $25 8.500% 2000 800 20,000 21,032 (b) (d)
AMERITECH NZ A $100 7.040% 2001 40 4,112 4,170 (d) (f)
APPALACHIAN PWR $100 6.850% 2004 30 3,003 3,315
APPALACHIAN PWR $100 5.900% 2008 10 997 1,151 (f)
APPALACHIAN PWR $100 5.920% 2008 11 1,090 1,268
ATLANTIC CITY EL 100 7.800% 2006 90 8,990 10,024
BELL ATLANTIC NZ144A 7.080% 2001 25 2,612 2,689 (d) (f)
BELL ATL NZ$100 144A 5.800% 2004 100 10,000 11,025 (d)
BOSTON EDISON $100 8.000% 2001 90 9,000 9,872
CENTRAL ILL LT $100 5.850% 2008 65 6,508 7,280
COMMONWEALTH EDISON 8.850% 2003 49 4,919 4,924 (b) (d)
COMMWLTH ED $100 PVT 8.200% 2002 42 4,133 4,246 (d)
CON EDISON $100 SR J 6.125% 2002 150 15,029 15,947
DUKE ENERGY $100 V 6.400% 2002 30 3,000 3,262
DUKE ENRGY $100 SR U 6.300% 2001 30 3,000 3,201
DUKE ENRGY $100 SR T 6.200% 2000 30 3,000 3,139
DUKE ENRGY 1992D $25 6.200% 2001 200 5,003 5,212
DUKE ENRGY 1992C $25 6.100% 2000 250 6,256 6,375
DUKE ENRGY 1992B $25 5.950% 1999 15 375 383 (f)
EASTERN EDISON $100 6.625% 2008 210 20,925 22,273
ENTERGY ARKANSAS $25 9.920% 2002 26 661 682
Bal Held at
12/31/98
Principal Amt
of Bonds & Notes Cost Value at
or (Notes 12/31/98
Issuer Name and Issue Title # of Shares a & c) (Note a)
ENTERGY LA INC PFD 8.000% 2001 70 7,000 7,254
ENTERGY LA $100 7.000% 1999 80 8,000 8,135
GREEN MTN PWR CL-D/3 8.625% 2000 28 2,800 2,827 (b) (d)
HAWAII ELEC $100 8.500% 2005 50 5,107 5,178 (b) (d)
MAUI ELEC $100 8.500% 2005 50 5,087 5,178 (b) (d)
INDIANA MICH POWER 6.300% 2009 52 5,222 5,770
IND MICH POWER $100 6.250% 2009 20 2,005 2,198 (f)
INDIANA MICHIGAN PWR 5.900% 2009 33 3,126 3,516
JERSEY CENTRAL P&L 8.650% 2005 110 11,250 11,827
KEYSPAN ENERGY PFD 7.950% 2000 274 6,866 7,319
LOUISVILLE G&E PFD 5.875% 2008 12 1,197 1,286 (f)
MAINE YANKEE $100 7.480% 2001 23 2,286 2,315
MIDAMERICAN ENERGY 7.800% 2006 73 7,559 8,338
MN P & L 144A $100 7.125% 2002 50 4,983 5,126 (b) (d)
MN P&L 144A 6.70 6.700% 2002 100 10,000 10,387 (b) (d)
NO IND PUB SERV $100 8.850% 2003 26 2,630 2,644 (b) (d)
NO IND PUB SERV $100 6.500% 2002 115 11,857 12,214 (f)
NORTHWEST NAT GA 100 6.950% 2002 170 17,088 18,902
OHIO POWER CO $100 5.900% 2009 36 3,536 3,960
OHI PWR CO $100 6.020% 2008 10 991 1,109
OHIO PWR CO $100 6.350% 2008 5 506 565
OTTER TAIL PWR $100 6.300% 2007 180 18,000 19,766
PECO ENERGY 6.120% 2003 160 16,003 16,501
PACIFIC GAS & ELEC 6.300% 2009 120 2,963 3,275 (f)
PACIFIC GAS & ELEC 6.570% 2007 718 18,036 19,372
PACIFICORP $100 PAR 7.700% 2001 150 15,000 16,341
POTOMAC ELEC PWR $50 6.800% 2007 161 7,955 8,824
PRAXAIR INC 7.480% 2000 70 7,037 7,319
PUBLIC SER ELEC & GA 5.970% 2008 6 612 540 (f)
ROCHESTER G&E $100 6.600% 2009 53 5,184 5,726
ROCHESTER G & E $100 7.650% 1999 20 2,000 2,041
SAN DIEGO G&E $25 1.762% 2008 59 1,580 1,796 (f)
SO CA EDISON $100 6.050% 2008 45 4,501 4,829 (f)
SO CA EDISON $100 6.450% 2002 202 20,344 21,679
SO INDIANA G&E 100 6.500% 2002 75 7,500 7,805 (b) (d)
TEXAS UTILITIES 6.375% 2008 54 5,426 5,737
TEXAS UTIL $100 PAR 6.980% 2008 50 5,000 5,460
UBS PRIVATE SER H 5.040% 2002 15 15,000 15,300 (b) (d) (f)
VIRGINIA ELEC & PWR 5.580% 2000 18 1,758 1,790 (f)
VIRGINIA ELEC & PWR 6.350% 2000 201 20,144 21,013
WASHINGTON WTR POWER 6.950% 2007 57 5,764 6,724
-------------- --------------- -----------
Total Public Utility 6,112 433,361 461,207
-------------- --------------- -----------
Finance
ABN AMRO NA FRAP 5.94% 15 15,000 15,525 (d) (f)
CHASE MANHAT FRAP 4.96% 110 5,500 5,569 (f)
COMERICA FRAP 6.84% 150 7,796 7,837 (f)
Bal Held at
12/31/98
Principal Amt
of Bonds & Notes Cost Value at
or (Notes 12/31/98
Issuer Name and Issue Title # of Shares a & c) (Note a)
EURO AMER BANK FRAP 5.84% 10 10,000 10,462 (f)
FLEET FIN 6.59% FRAP 6.59% 130 6,662 6,939 (f)
MORGAN STANLEY GROUP 5.91% 100 5,000 5,138 (f)
PNC BK FRAP SERF 6.05% 440 22,160 22,495 (f)
WELLS FRGO FRAP SERH 6.59% 432 22,108 23,193 (f)
-------------- --------------- -----------
Total Finance 1,387 94,226 97,158
-------------- --------------- -----------
Industrial
NORTHBROOK HLDG 1000 6.600% 2001 10 10,000 10,362 (b) (d) (f)
WHIRLPOOL FIN $100 B 6.550% 2008 180 18,103 19,102 (d)
WHIRLPL FINL PFD144A 6.090% 2002 37 3,688 3,839 (b) (d) (f)
-------------- --------------- -----------
Total Industrial 227 31,791 33,303
-------------- --------------- -----------
TOTAL PREFERRED STOCK 7,726 559,378 591,669
-------------- --------------- -----------
TOTAL Investments in Securities of Unaffiliated Issuers 3,288,982 3,335,534
TOTAL Reserve for Possible Losses on Corporate Issues 0 0
--------------- -----------
3,288,982 3,335,534
=============== ===========
NOTES:
a) See Notes 1 and 3 to the financial statements regarding determination of cost and fair values.
b) In the absence of market quotations, securities are valued by IDS Certificate Company at fair value.
c) Aggregate cost of investment in securities of unaffiliated issuers for federal income tax
purposes was $3,288,060.
d) Securities acquired in private negotiation which may require registration under federal securities
law if they were to be publicly sold. Also see Note 3B to financial statements.
e) Non-income producing securities.
f) Securities classified as available for sale and carried at fair value on the balance sheet. Also
see Notes 1 and 3A to financial statements.
IDS CERTIFICATE COMPANY SCHEDULE II
Investments in and Advances to Affiliates and Income Thereon
December 31, 1998, 1997 and 1996
($ in thousands)
Balance December 31, 1998
-------------------------------------------------
Interest
Dividends
Principal Carrying Credited
Amount or Cost Value to Income
Name of Issuer and Title of Issue No. of Shares (a)&(c) (b) (d)
-------------------- ----------- ------------- ----------------
Wholly Owned Subsidiary (b):
Real Estate Investment Company:
Investors Syndicate Development Corporation:
Capital Stock.......................................................... 100 $2,998 $418 $0
====================
Other Controlled Company:
Real Estate Development Company:
Mankato Ventures, First Mortgage Loan.................... $0 0 0 0
====================
Other Affiliates (as defined in Sec. 2(a)(3) of the
Investment Company Act of 1940)............................... $0 0 0 0
==================== ----------- ------------- ----------------
Total affiliates........................................................... $2,998 $418 $0
=========== ============= ================
IDS CERTIFICATE COMPANY SCHEDULE II
Investments in and Advances to Affiliates and Income Thereon
December 31, 1998, 1997 and 1996
($ in thousands)
Balance December 31, 1997
-------------------------------------------------
Interest
Dividends
Principal Carrying Credited
Amount or Cost Value to Income
Name of Issuer and Title of Issue No. of Shares (a)&(c) (b) (d)
-------------------- ----------- ------------- ----------------
Wholly Owned Subsidiary (b):
Real Estate Investment Company:
Investors Syndicate Development Corporation:
Capital Stock.......................................................... 100 $2,998 $6,772 $0
====================
Other Controlled Company:
Real Estate Development Company:
Mankato Ventures, First Mortgage Loan.................... $0 0 0 0
====================
Other Affiliates (as defined in Sec. 2(a)(3) of the
Investment Company Act of 1940)............................... $0 0 0 0
==================== ----------- ------------- -------------
Total affiliates........................................................... $2,998 $6,772 $0
=========== ============= =============
IDS CERTIFICATE COMPANY SCHEDULE II
Investments in and Advances to Affiliates and Income Thereon
December 31, 1998, 1997 and 1996
($ in thousands)
Balance December 31, 1996
-------------------------------------------------
Interest
Dividends
Principal Carrying Credited
Amount or Cost Value to Income
Name of Issuer and Title of Issue No. of Shares (a)&(c) (b) (d)
-------------------- ----------- ------------- ----------------
Wholly Owned Subsidiary (b):
Real Estate Investment Company:
Investors Syndicate Development Corporation:
Capital Stock.......................................................... 100 $2,998 $6,444 $0
====================
Other Controlled Company:
Real Estate Development Company:
Mankato Ventures, First Mortgage Loan.................... $0 0 0 36
====================
Other Affiliates (as defined in Sec. 2(a)(3) of the
Investment Company Act of 1940)............................... $0 0 0 0
==================== ----------- ------------- -------------
Total affiliates........................................................... $2,998 $6,444 $36
=========== ============= =============
IDS CERTIFICATE COMPANY SCHEDULE II
Investments in and Advances to Affiliates and Income Thereon
December 31, 1998, 1997 and 1996
($ in thousands)
NOTES:
(a) The aggregate cost for federal income tax purposes at December 31, 1998, 1997 and 1996 was $438,
$6,776 and $5,159 respectively, subject to possible adjustment in certain circumstances under
consolidated income tax return regulations.
(b) Investments in stocks of wholly owned subsidiaries are carried at cost adjusted for equity in undistributed
net income since organization or acquisition of the subsidiaries.
(c) Changes in investment in affiliate during the three years ended December 31, 1998 are summarized
below:
Cost at Additions (Deductions) Cost at
Name of Issuer and Dec. 31, Dec. 31,
Title of Issue 1995 1996 1997 1998 1998
-------------------- ----------- ------- ------- ------- -----------
Mankato Ventures,
First Mortgage
Loan $462 (462) 0 0 $0
(d) There were no dividends or interest earned which were not credited to income.
IDS CERTIFICATE COMPANY SCHEDULE III
Mortgage Loans on Real Estate and Interest
Earned on Mortgages
Year Ended December 31, 1998
($ in thousands)
Part 1 - Mortgage loans on real estate at end of period
----- --------------------------------------------
Amount of principal
unpaid at end of period
----------------------
Subject Amount
Carrying to of
Number Prior amount of delinquent mortgages
of liens mortgages (c), interest being
Description (a) loans (b) (g),(h) and (i) Total (d) forclosed
- -------------------------------------------------- ----- ------ ----------- ------------- -------- --------
First mortgages:
Insured by Federal Housing Administration -
liens on:
Residential - under $100 0 $0 $0 $0 $0
Apartment and business - under $100 0 0 0 0 0
----- ----------- ------------- -------- --------
Total 0 0 0 0 0
----- ----------- ------------- -------- --------
Partially guaranteed under Serviceman's
Readjustment Act of 1944, as amended -
liens on:
Residential - under $100 0 0 0 0 0
Apartment and business - under $100 0 0 0 0 0
----- ----------- ------------- -------- --------
Total 0 0 0 0 0
----- ----------- ------------- -------- --------
Other - liens on:
Residential 0 0 0 0 0
----- ----------- ------------- -------- --------
Apartment and business:
Under $100 1 83 83 0 0
$100 to $150 1 139 139 0 0
$150 to $200 2 383 383 0 0
$200 to $250 1 240 240 0 0
$250 to $300 1 35 296 0 0
$300 to $350 1 341 341 0 0
$350 to $400 0 0 0 0 0
$400 to $450 0 0 0 0 0
$450 to $500 0 0 0 0 0
Over $500:
Loan No. Mortgagor Property Location
20-00001 NSP, LTD Bloomington, MN 1 529 529 0 0
20-00002 CCH-Space Center Houston, TX 1 1,916 1,916 0 0
21-47106 1225 No. County Road 18 LTD Plymouth, MN 1 1,573 1,573 0 0
21-47110 Lloyd Engelsma Brooklyn Park, MN 1 1,998 1,998 0 0
Part 1 - Mortgage loans on real estate at end of period
----- --------------------------------------------
Amount of principal
unpaid at end of period
----------------------
Subject Amount
Carrying to of
Number Prior amount of delinquent mortgages
of liens mortgages (c), interest being
Description (a) loans (b) (g),(h) and (i) Total (d) forclosed
- -------------------------------------------------- ----- ------ ----------- ------------- -------- --------
21-47128 Century Income Properties Fund Brookfield, WI 1 1,659 1,659 0 0
21-47139 Treasure's Island Inc. Eagan, MN 1 1,446 1,446 0 0
21-47140 Harbour Run LTD Mentor-On-The-Lake, OH 1 4,056 4,056 0 0
21-47141 John E. Smith Lafayette, IN 1 3,092 3,092 0 0
21-47142 34th Street Properties Partnership Gainsville, FL 1 9,842 9,842 0 0
21-47147 Columbus Real Estate Co. Hilliard, OH 1 7,426 7,426 0 0
21-47150 Bircain Apartment Company LP Gladstone, MO 1 2,368 2,368 0 0
21-47152 Richard D. Fownes Trustee Boston, MA 1 3,198 3,198 0 0
21-47154 Kenneth Grandberg Trustee Randolp, MA 1 3,044 3,044 0 0
21-47157 John A. Belanich Tampa, FL 1 3,514 3,514 0 0
21-47160 James Esshaki DBA Taylor, MI 1 5,831 5,831 0 0
21-47164 K & M Hamilton Development Co. Halmilton, OH 1 5,605 5,605 0 0
21-47165 Bowling Freen Partnership Sussex, WI 1 2,570 2,570 0 0
21-47167 Wilder Corp of Delaware Ruskin, FL 1 5,239 5,239 0 0
21-47168 Wilder Corp of Delaware Riverview, FL 1 2,892 2,892 0 0
21-47172 Dial Reit Inc. Fremont, NE 1 2,858 2,858 0 0
21-47173 Cinram Associates Fairfield, NJ 1 3,935 3,935 0 0
21-47181 Westlake #1 Limited Partnership Charlotte, NC 1 2,152 2,152 0 0
21-47184 Mcnab Commerce Center Association Pompano Beach, FL 1 2,094 2,094 0 0
21-47186 Mack Edison Company Edison, NJ 1 6,264 6,264 0 0
21-47187 Industrial Development Association Mebane, NC 1 2,962 2,962 0 0
21-47190 Dial Reit Inc. Davenport, IA 1 3,928 3,928 0 0
21-47191 SSC Associates Ltd Ptnshp St. Clair Shores, MI 1 5,915 5,915 0 0
21-47195 Tipotex Inc. Pharr, TX 1 1,750 1,750 0 0
21-47196 Wilder Corporation Pharr, TX 1 3,794 3,794 0 0
21-47197 Wilder Corporation Alamo, TX 1 897 897 0 0
21-47198 Investors Real Estate Trust Grand Forks, ND 1 3,898 3,898 0 0
21-47199 Warren and Kelso Company Cheltenham Twsp, PA 1 2,749 2,749 0 0
21-47204 Fort Walton Mary Esther, FL 1 2,968 2,968 0 0
21-47205 Kavanagh Tucson, AZ 1 3,692 3,692 0 0
21-47206 Hicker Albuquerque, NM 1 5,490 5,490 0 0
21-47207 Newport VII Albuquerque, NM 1 2,455 2,455 0 0
21-47208 Newport VI Albuquerque, NM 1 963 963 0 0
21-47209 Fountain Lake Brandeton, FL 1 4,688 4,688 0 0
21-47210 Orion West Haven, CT 1 4,337 4,337 0 0
21-47211 Plaza 7000 Greenwood Village, CO 1 2,437 2,437 0 0
21-47212 Howard Lake-Maple Plain Howard Lake, MN 1 1,353 1,353 0 0
21-47213 Crec-Plymouth Plymouth, MN 1 967 967 0 0
21-47214 West Health Inc. Plymouth, MN 1 10,636 10,636 0 0
21-47215 Invespro Urbandale, IA 1 3,436 3,436 0 0
21-47216 Invespro Urbandale, IA 1 2,705 2,705 0 0
21-47217 Airport Tempe, AZ 1 7,032 7,032 0 0
21-47218 D&R Northpoin Sterling, VA 1 1,943 1,943 0 0
21-47219 NewPort IX Albuquerque, NM 1 2,648 2,648 0 0
Part 1 - Mortgage loans on real estate at end of period
----- --------------------------------------------
Amount of principal
unpaid at end of period
----------------------
Subject Amount
Carrying to of
Number Prior amount of delinquent mortgages
of liens mortgages (c), interest being
Description (a) loans (b) (g),(h) and (i) Total (d) forclosed
- -------------------------------------------------- ----- ------ ---------------- ---------- -------- --------
21-47221 300 First LLC Minneapolis, MN 1 2,873 2,873 0 0
21-47222 Transwestern Houston, TX 1 2,078 2,078 0 0
21-47223 Westwood Plaza Houston, TX 1 3,801 3,801 0 0
21-47224 Custer Office Plano, TX 1 1,962 1,962 0 0
21-47225 Valley Mining Eagan, MN 1 2,905 2,905 0 0
21-47226 Jake's LP Austin, TX 1 2,772 2,772 0 0
21-47227 PW Holdings Falls Township, PA 1 4,654 4,654 0 0
21-47228 Lafayette Square Bridgeport, CT 1 4,464 4,464 0 0
21-47230 Wilcrest Gree Houston, TX 1 2,179 2,179 0 0
21-47231 Midtown Mall Hastings, MN 1 2,090 2,090 0 0
21-47232 DHIR Group LLC Milwaukee, WI 1 4,969 4,969 0 0
21-47233 Capital Plaza Jefferson City, MO 1 2,187 2,187 0 0
21-47234 Southwest Medical Littleton, CO 1 3,284 3,284 0 0
21-47235 2507 & 2473 Assc Southport, CT 1 2,547 2,547 0 0
21-47237 Abmar Valley Roanoke, VA 1 1,876 1,876 0 0
21-47238 Cicero Place Cicero, IN 1 3,458 3,458 0 0
21-47240 Crystal Plaza Baltimore, MD 1 3,995 3,995 0 0
21-47241 Pal, Inc Sioux Falls, SD 1 1,288 1,288 0 0
21-47242 Northpoint AT San Antonio, TX 1 1,730 1,730 0 0
21-47243 Pam-Joy Realty Chesapeake. VA 1 3,060 3,060 0 0
21-47245 Tide Mill Southport, CT 1 2,497 2,497 0 0
21-47246 JLC, IX PF LTD Dallas, TX 1 1,036 1,036 0 0
21-47247 Airport Land Tempe, AZ 1 4,961 4,961 0 0
21-47248 HMJ Moorehead, MN 1 6,088 6,088 0 0
21-47249 MIDEB Ventura, CA 1 5,389 5,389 0 0
21-47250 Thomas Ribis Alexandria, VA 1 2,789 2,789 0 0
21-47251 Arcadia Villa Phoenix, AZ 1 2,850 2,850 0 0
21-47252 Broken Arrow Broken Arrow, OK 1 3,400 3,400 0 0
21-47253 Palo Verde Plaxa Phoenix, AZ 1 1,700 1,700 0 0
21-47254 Village S. Tulsa, OK 1 3,550 3,550 0 0
21-47255 Gaughan Forest Lake/Stillwater, 1 6,239 6,239 0 0
21-47256 Fremont Apts Rapid City, SD 1 1,242 1,242 0 0
21-47257 Corpus Assets Corpus Christi, TX 1 7,241 7,241 0 0
21-47259 Alza Plaza Santa Clarita, CA 1 1,960 1,960 0 0
21-47260 Eisenhower 3 Ann Arbor, MI 1 3,094 3,094 0 0
21-47261 KKMP Properties Bloomington, MN 1 1,195 1,195 0 0
21-47262 312 Third Street Fargo, ND 1 5,885 5,885 0 0
21-47263 G.O.L.D Columbus, OH 1 2,229 2,229 0 0
21-47264 Esnet Properties Orem, UT 1 1,997 1,997 0 0
21-47265 Eaglecreek A Lakewood, CO 1 2,300 2,300 0 0
21-47266 Independence Clarkston, MI 1 4,475 4,475 0 0
21-47267 Blairhill LLC Charlotte, NC 1 1,497 1,497 0 0
21-47268 Lemans Limited Seebring, FL 1 5,700 5,700 0 0
21-47269 Hampton Inn Spokane, WA 1 4,800 4,800 0 0
21-47270 Brookhollow-2 Houston, TX 1 2,850 2,850 0 0
21-47271 Wilsonville Wilsonville, OR 1 2,000 2,000 0 0
21-47273 Sears Bldg Rapid City, SD 1 1,000 1,000 0 0
21-47274 Edison Towson, MD 1 1,200 1,200 0 0
21-47275 Colorado & SA Colorado Springs, CO 1 1,065 1,065 0 0
21-47277 Alvernon Place Tucson, AZ 1 2,290 2,290 0 0
21-47278 Financial PAC Kennewick, WA 1 6,800 6,800 0 0
21-47279 Daniel G Chetek, WI 1 2,100 2,100 0 0
21-47282 Cary Bldg LP Springfield, VA 1 2,250 2,250 0 0
0-3027654 DFB Associates Costa Mesa, CA 1 824 824 0 0
----- ----------- ------------- -------- --------
109 334,630 334,891 0 0
----- ----------- ------------- -------- --------
Total Other 109 334,630 334,891 0 0
----- ----------- ------------- -------- --------
Unallocated Reserve for Losses 350
-----------
Total First Mortgage Loans on Real Estate 109 $334,280 $334,891 $0 $0
===== =========== ============= ======== ========
Part 2 - Interest earned
on mortgages
-------------------------
Average
Interest gross rate
due and of interest
accrued on mortgages
at end of held at end
period of period
Description (a) (e) (f)
- -------------------------------------------------- ----------- -------------
First mortgages:
Insured by Federal Housing Administration -
liens on:
Residential - under $100 0.000%
Apartment and business - under $100 0.000%
-------------
Total 0.000%
-------------
Partially guaranteed under Serviceman's
Readjustment Act of 1944, as amended -
liens on:
Residential - under $100 0.000%
Apartment and business - under $100 0.000%
-------------
Total 0.000%
-------------
Other - liens on:
Residential 0.000%
-------------
Apartment and business:
Under $100 9.375%
$100 to $150 9.750%
$150 to $200 10.566%
$200 to $250 8.875%
$250 to $300 9.500%
$300 to $350 8.500%
$350 to $400 0.000%
$400 to $450 0.000%
$450 to $500 0.000%
Over $500:
Loan No. Mortgagor Property Location
20-00001 NSP, LTD Bloomington, MN 8.750%
20-00002 CCH-Space Center Houston, TX 8.000%
21-47106 1225 No. County Road 18 LTD Plymouth, MN 8.000%
21-47110 Lloyd Engelsma Brooklyn Park, MN 8.750%
Part 2 - Interest earned
on mortgages
-------------------------
Average
Interest gross rate
due and of interest
accrued on mortgages
at end of held at end
period of period
Description (a) (e) (f)
- -------------------------------------------------- ----------- -------------
21-47128 Century Income Properties Fund Brookfield, WI 8.250%
21-47139 Treasure's Island Inc. Eagan, MN 7.480%
21-47140 Harbour Run LTD Mentor-On-The-Lake, OH 6.910%
21-47141 John E. Smith Lafayette, IN 10.000%
21-47142 34th Street Properties Partnership Gainsville, FL 7.050%
21-47147 Columbus Real Estate Co. Hilliard, OH 7.500%
21-47150 Bircain Apartment Company LP Gladstone, MO 7.250%
21-47152 Richard D. Fownes Trustee Boston, MA 8.000%
21-47154 Kenneth Grandberg Trustee Randolp, MA 8.250%
21-47157 John A. Belanich Tampa, FL 7.650%
21-47160 James Esshaki DBA Taylor, MI 8.500%
21-47164 K & M Hamilton Development Co. Halmilton, OH 8.125%
21-47165 Bowling Freen Partnership Sussex, WI 7.200%
21-47167 Wilder Corp of Delaware Ruskin, FL 7.500%
21-47168 Wilder Corp of Delaware Riverview, FL 7.500%
21-47172 Dial Reit Inc. Fremont, NE 7.090%
21-47173 Cinram Associates Fairfield, NJ 7.260%
21-47181 Westlake #1 Limited Partnership Charlotte, NC 7.212%
21-47184 Mcnab Commerce Center Association Pompano Beach, FL 8.250%
21-47186 Mack Edison Company Edison, NJ 6.850%
21-47187 Industrial Development Association Mebane, NC 7.220%
21-47190 Dial Reit Inc. Davenport, IA 7.875%
21-47191 SSC Associates Ltd Ptnshp St. Clair Shores, MI 7.125%
21-47195 Tipotex Inc. Pharr, TX 7.400%
21-47196 Wilder Corporation Pharr, TX 7.400%
21-47197 Wilder Corporation Alamo, TX 7.400%
21-47198 Investors Real Estate Trust Grand Forks, ND 8.188%
21-47199 Warren and Kelso Company Cheltenham Twsp, PA 8.125%
21-47204 Fort Walton Mary Esther, FL 8.125%
21-47205 Kavanagh Tucson, AZ 8.000%
21-47206 Hicker Albuquerque, NM 8.250%
21-47207 Newport VII Albuquerque, NM 8.125%
21-47208 Newport VI Albuquerque, NM 8.125%
21-47209 Fountain Lake Brandeton, FL 8.375%
21-47210 Orion West Haven, CT 7.875%
21-47211 Plaza 7000 Greenwood Village, CO 7.625%
21-47212 Howard Lake-Maple Plain Howard Lake, MN 7.750%
21-47213 Crec-Plymouth Plymouth, MN 7.750%
21-47214 West Health Inc. Plymouth, MN 7.450%
21-47215 Invespro Urbandale, IA 8.375%
21-47216 Invespro Urbandale, IA 8.375%
21-47217 Airport Tempe, AZ 8.375%
21-47218 D&R Northpoin Sterling, VA 8.500%
21-47219 NewPort IX Albuquerque, NM 7.850%
Part 2 - Interest earned
on mortgages
-------------------------
Average
Interest gross rate
due and of interest
accrued on mortgages
at end of held at end
period of period
Description (a) (e) (f)
- -------------------------------------------------- ----------- -------------
21-47221 300 First LLC Minneapolis, MN 7.440%
21-47222 Transwestern Houston, TX 7.370%
21-47223 Westwood Plaza Houston, TX 7.500%
21-47224 Custer Office Plano, TX 7.320%
21-47225 Valley Mining Eagan, MN 7.210%
21-47226 Jake's LP Austin, TX 6.950%
21-47227 PW Holdings Falls Township, PA 6.650%
21-47228 Lafayette Square Bridgeport, CT 7.140%
21-47230 Wilcrest Gree Houston, TX 7.080%
21-47231 Midtown Mall Hastings, MN 7.140%
21-47232 DHIR Group LLC Milwaukee, WI 7.400%
21-47233 Capital Plaza Jefferson City, MO 7.150%
21-47234 Southwest Medical Littleton, CO 7.180%
21-47235 2507 & 2473 Assc Southport, CT 7.020%
21-47237 Abmar Valley Roanoke, VA 7.100%
21-47238 Cicero Place Cicero, IN 7.000%
21-47240 Crystal Plaza Baltimore, MD 7.020%
21-47241 Pal, Inc Sioux Falls, SD 7.050%
21-47242 Northpoint AT San Antonio, TX 6.970%
21-47243 Pam-Joy Realty Chesapeake. VA 6.960%
21-47245 Tide Mill Southport, CT 6.980%
21-47246 JLC, IX PF LTD Dallas, TX 7.010%
21-47247 Airport Land Tempe, AZ 6.890%
21-47248 HMJ Moorehead, MN 6.960%
21-47249 MIDEB Ventura, CA 6.750%
21-47250 Thomas Ribis Alexandria, VA 6.900%
21-47251 Arcadia Villa Phoenix, AZ 6.800%
21-47252 Broken Arrow Broken Arrow, OK 6.800%
21-47253 Palo Verde Plaxa Phoenix, AZ 6.800%
21-47254 Village S. Tulsa, OK 6.800%
21-47255 Gaughan Forest Lake/Stillwater, MN 6.830%
21-47256 Fremont Apts Rapid City, SD 6.750%
21-47257 Corpus Assets Corpus Christi, TX 6.900%
21-47259 Alza Plaza Santa Clarita, CA 6.950%
21-47260 Eisenhower 3 Ann Arbor, MI 6.980%
21-47261 KKMP Properties Bloomington, MN 7.060%
21-47262 312 Third Street Fargo, ND 6.900%
21-47263 G.O.L.D Columbus, OH 6.950%
21-47264 Esnet Properties Orem, UT 6.810%
21-47265 Eaglecreek A Lakewood, CO 6.770%
21-47266 Independence Clarkston, MI 6.890%
21-47267 Blairhill LLC Charlotte, NC 6.910%
21-47268 Lemans Limited Seebring, FL 6.850%
21-47269 Hampton Inn Spokane, WA 7.150%
21-47270 Brookhollow-2 Houston, TX 6.800%
21-47271 Wilsonville Wilsonville, OR 6.850%
21-47273 Sears Bldg Rapid City, SD 6.850%
21-47274 Edison Towson, MD 6.850%
21-47275 Colorado & SA Colorado Springs, CO 6.550%
21-47277 Alvernon Place Tucson, AZ 7.000%
21-47278 Financial PAC Kennewick, WA 6.750%
21-47279 Daniel G Chetek, WI 7.250%
21-47282 Cary Bldg LP Springfield, VA 6.850%
0-3027654 DFB Associates Costa Mesa, CA 9.500%
-------------
7.394%
-------------
Total Other 7.394%
-------------
Unallocated Reserve for Losses
Total First Mortgage Loans on Real Estate 7.394%
=============
Part 3 - Location of mortgaged properties
($ in thousands)
Amount of principal
unpaid at end of period
--------------------
Carrying Subject
amount of to Amount of
State in Number Prior mortgages delinquent mortgages
which mortgaged of liens (c),(g), interest being
property is located loans (b) (h)and(i) Total (d) foreclosed
- ------------------- ------ ---- -------- --------- -------- -----------
Arizona 6 22,524 22,524 0 0
California 4 8,316 8,316 0 0
Colorado 4 9,086 9,086 0 0
Connecticut 4 13,845 13,845 0 0
Florida 8 36,936 36,936 0 0
Indiana 2 6,550 6,550 0 0
Iowa 3 10,068 10,068 0 0
Massachusetts 2 6,241 6,241 0 0
Maryland 2 5,195 5,195 0 0
Michigan 4 19,316 19,316 0 0
Minnesota 14 40,092 40,092 0 0
Missouri 2 4,555 4,555 0 0
Nebraska 1 2,858 2,858 0 0
New Jersey 2 10,199 10,199 0 0
New Mexico 4 11,556 11,556 0 0
North Carolina 3 6,611 6,611 0 0
North Dakota 2 9,783 9,783 0 0
Ohio 4 19,317 19,317 0 0
Oklahoma 4 7,373 7,373 0 0
Oregon 1 2,000 2,000 0 0
Pennsylvania 2 7,403 7,403 0 0
South Dakota 4 3,871 3,871 0 0
Texas 15 34,122 34,383 0 0
Utah 1 1,997 1,997 0 0
Virginia 5 11,918 11,918 0 0
Washington 2 11,600 11,600 0 0
Wisconsin 4 11,298 11,298 0 0
------ -------- --------- -------- --------
109 334,630 334,891 0 0
------ -------- --------- -------- --------
Unallocated Reserve
for Losses 350
--------
Total 109 $334,280 $334,891 $0 $0
====== ======== ========= ======== ========
NOTES:
(a) The classification "residential" includes single dwellings only. Residential
multiple dwellings are included in "apartment and business".
(b) Real estate taxes and easements, which in the opinion of the Company are not
undue burden on the properties, have been excluded from the determination of
"prior liens".
(c) In this schedule III, carrying amount of mortgage loans represents unpaid
principal balances plus unamortized premiums less unamortized discounts and
reserve for loss.
(d) Interest in arrears for less than three months has been disregarded in
computing the total amount of principal subject to delinquent interest. The
amounts of mortgage loans being forclosed are also included in amounts subject
to delinquent interest.
(e) Information as to interest due and accrued for the various classes within
the types of mortgage loans is not readily available and the obtaining thereof
would involve unreasonable effort and expense.
The Company does not accrue interest on loans which are over three months
delinquent.
(f) Information as to interest income by type and class of loan has been omitted
because it is not readily available and the obtaining thereof would involve
unreasonable effort and expense. In lieu thereof, the average gross interest
rates (exclusive of amortization of discounts and premiums) on mortgage loans
held at December 31, 1998 are shown by type and class of loan.
The average gross interest rates on mortgage loans held at December 31, 1998,
1997 and 1996 are summarized as follows:
1998 1997 1996
----------- ----------- --------
First mortgages:
Insured by Federal Housing Administration 0.000% 0.000% 0.000%
Partially guaranteed under Servicemen's
Readjustment Act of 1944, as amended 0.000 0.000 0.000
Other 7.394 8.212 8.450
----------- ----------- --------
Combined average 7.394% 8.212% 8.450%
=========== =========== ========
(g) Following is a reconciliation of the carrying amount of mortgage loans for
the years ended December 31, 1998, 1997 and 1996.
1998 1997 1996
----------- ----------- -----------
Balance at beginning of period $212,433 $218,697 $233,394
Additions during period:
New loans acquired:
Nonaffiliated companies (j) 163,398 45,200 18,301
Amortization of discount/ premium 0 0 0
----------- ----------- -----------
Total additions 163,398 45,200 18,301
----------- ----------- -----------
375,831 263,897 251,695
----------- ----------- -----------
Deductions during period:
Collections of principal 41,551 51,464 32,998
----------- ----------- -----------
Balance at end of period $334,280 $212,433 $218,697
=========== =========== ===========
(h) The aggregate cost of mortgage loans for federal income tax purposes at
December 31, 1998 was $334,891.
(i) At December 31, 1998, a reserve for loss of $611 is recorded which
represents $261 on impaired mortgage loans and $350 of unallocated reserves.
(j) New loans acquired during 1996 include $2,000 of proceeds received from sale
of real estate in lieu of cash.
IDS CERTIFICATE COMPANY SCHEDULE V
Qualified Assets on Deposit
December 31, 1998
($ thousands)
Investment Securities
------------------------------
Bonds and Mortgage
Notes Stocks Loans Other
Name of Depositary (a) (b) (c) (d) Total
- ------------------------------------------ ------------- ------------- ----------- -------------- -------------
Deposits with states or their depositaries to
meet requirements of statutes and
agreements:
Illinois - Secretary of
State of Illinois $50 $0 $0 $0 $50
New Jersey - Commissioner
of Banking and Insurance
of New Jersey 50 0 0 0 50
Pennsylvania - Treasurer
of the State of
Pennsylvania 149 0 0 0 149
Texas - Treasurer of the
State of Texas 115 0 0 0 115
------------- ------------- ----------- -------------- -------------
Total deposits with states or their
depositaries to meet requirements of
statues and agreements 364 0 0 0 364
Central depositary - American
Express Trust Company 2,593,297 559,377 334,280 57,010 3,543,964
------------- ------------- ----------- -------------- -------------
Total $2,593,661 $559,377 $334,280 $57,010 $3,544,328
============= ============= =========== ============== =============
Notes:
(a) Represents amortized cost of bonds and notes.
(b) Represents average cost of individual issues of stocks.
(c) Represents unpaid principal balance of mortgage loans less unamortized discounts and reserve for losses.
(d) Represents amortized cost of purchased call options and interest rate floors of $56,973 and $37, respectively.
IDS CERTIFICATE COMPANY SCHEDULE VI
Certificate Reserves
Part 1 - Summary of Changes
Year ended December 31, 1998
($ in thousands)
Balance at beginning of period
------------------------------------------
Number
of
Yield accounts Amount
to maturity with of Amount
on an annual security maturity of
Description payment basis holders value reserves
--------------------------- ------------ ------------ ------------
Installment certificates:
Reserves to mature:
Series 15, includes extended maturities 2.40 Inst/2.50 Ext. 0 0 0
" 20, " " " 2.52 Inst/2.50 Ext. 11 134 124
" 15A, " " " 2.66 Inst/3.04 Ext. 5 48 38
" 22A, " " " 3.09 1,020 21,961 16,045
" I-76, " " " 3.35 695 16,407 8,110
" Reserve Plus Flexible Payment (note a) 286 2,605 1,366
" IC-Q-Installment (note a) 104 1,132 492
" IC-Q-Ins (note a) 8,748 106,483 47,907
" IC-Q-Ins Emp (note a) 39 511 207
" IC-I (note a) 55,233 983,323 258,004
" IC-I-Emp (note a) 360 6,142 1,713
" Inst (note a) 3,134 66,052 1,807
" Inst-Emp (note a) 17 255 6
" RP-Q-Installment (note a) 199 2,729 1,726
" RP-Q-Flexible Payment (note a) 18 236 94
" RP-Q-Ins (note a) 244 5,083 1,765
" RP-Q-Ins Emp (note a) 3 84 14
" RP-I (note a) 412 12,663 3,431
" RP-I-Emp (note a) 3 1,182 9
" Inst-R (note a) 18 4,788 42
" Inst-R-Emp (note a) 0 0 0
------------ ------------ ------------
Total 70,549 1,231,818 342,900
------------ ------------ ------------
Payments made in advance of certificate
year requirements and accrued interest
thereon:
Series 15, includes extended maturities 2 Not Not 0
" 20, " " " 2 Readily Applicable 7
" 15A, " " " 3 Available 10
" 22A, " " " 3 608
" I-76, " " " 3.5 343
------------
Total 968
------------
Additions
------------------------------------------
Charged
Charged Reserve to other
to profit payments by accounts
and loss certificate (per
or income holders part 2)
------------ ------------ ------------
Installment certificates:
Reserves to mature:
Series 15, includes extended maturities 2.40 Inst/2.50 Ext. 0 0 0
" 20, " " " 2.52 Inst/2.50 Ext. 3 1 9
" 15A, " " " 2.66 Inst/3.04 Ext. 1 0 1
" 22A, " " " 3.09 444 209 648
" I-76, " " " 3.35 255 261 26
" Reserve Plus Flexible Payment (note a) 0 204 37
" IC-Q-Installment (note a) 0 69 13
" IC-Q-Ins (note a) 0 4,405 933
" IC-Q-Ins Emp (note a) 0 24 6
" IC-I (note a) 0 73,942 7,631
" IC-I-Emp (note a) 0 469 61
" Inst (note a) 0 6,209 118
" Inst-Emp (note a) 0 31 1
" RP-Q-Installment (note a) 0 26 49
" RP-Q-Flexible Payment (note a) 0 1 3
" RP-Q-Ins (note a) 0 65 33
" RP-Q-Ins Emp (note a) 0 1 1
" RP-I (note a) 0 825 102
" RP-I-Emp (note a) 0 0 0
" Inst-R (note a) 0 40 0
" Inst-R-Emp (note a) 0 1 0
------------ ------------ ------------
Total 703 86,783 9,672
------------ ------------ ------------
Payments made in advance of certificate
year requirements and accrued interest
thereon:
Series 15, includes extended maturities 2 0 0 0
" 20, " " " 2 0 2 0
" 15A, " " " 3 1 (7) 0
" 22A, " " " 3 27 146 17
" I-76, " " " 3.5 16 36 1
------------ ------------ ------------
Total 44 177 18
------------ ------------ ------------
Deductions
------------------------------------------
Credited
Cash to other
surrenders accounts
prior to (per
Maturities maturity part 2)
------------ ------------ ------------
Installment certificates:
Reserves to mature:
Series 15, includes extended maturities 2.40 Inst/2.50 Ext. 0 0 0
" 20, " " " 2.52 Inst/2.50 Ext. 5 30 47
" 15A, " " " 2.66 Inst/3.04 Ext. 9 5 0
" 22A, " " " 3.09 439 732 2,192
" I-76, " " " 3.35 0 1,408 290
" Reserve Plus Flexible Payment (note a) 101 379 0
" IC-Q-Installment (note a) 5 161 0
" IC-Q-Ins (note a) 7,224 22,205 48
" IC-Q-Ins Emp (note a) 16 88 0
" IC-I (note a) 0 91,236 0
" IC-I-Emp (note a) 0 713 0
" Inst (note a) 0 945 0
" Inst-Emp (note a) 0 7 0
" RP-Q-Installment (note a) 25 345 9
" RP-Q-Flexible Payment (note a) 0 8 0
" RP-Q-Ins (note a) 409 618 12
" RP-Q-Ins Emp (note a) 0 1 0
" RP-I (note a) 0 1,512 0
" RP-I-Emp (note a) 0 9 0
" Inst-R (note a) 0 30 0
" Inst-R-Emp (note a) 0 0 0
------------ ------------ ------------
Total 8,233 120,432 2,598
------------ ------------ ------------
Payments made in advance of certificate
year requirements and accrued interest
thereon:
Series 15, includes extended maturities 2 0 0 0
" 20, " " " 2 0 3 2
" 15A, " " " 3 0 0 1
" 22A, " " " 3 10 21 213
" I-76, " " " 3.5 0 44 19
------------ ------------ ------------
Total 10 68 235
------------ ------------ ------------
Balance at close of period
------------------------------------------
Number
of
accounts Amount
with of Amount
security maturity of
holders value reserves
------------ ------------ ------------
Installment certificates:
Reserves to mature:
Series 15, includes extended maturities 2.40 Inst/2.50 Ext. 0 0 0
" 20, " " " 2.52 Inst/2.50 Ext. 5 59 55
" 15A, " " " 2.66 Inst/3.04 Ext. 3 28 26
" 22A, " " " 3.09 841 18,616 13,983
" I-76, " " " 3.35 568 13,074 6,954
" Reserve Plus Flexible Payment (note a) 236 2,167 1,127
" IC-Q-Installment (note a) 88 1,000 408
" IC-Q-Ins (note a) 4,498 53,344 23,768
" IC-Q-Ins Emp (note a) 24 245 133
" IC-I (note a) 44,058 765,696 248,341
" IC-I-Emp (note a) 266 3,763 1,530
" Inst (note a) 6,090 66,052 7,189
" Inst-Emp (note a) 27 255 31
" RP-Q-Installment (note a) 157 2,185 1,422
" RP-Q-Flexible Payment (note a) 16 205 90
" RP-Q-Ins (note a) 118 2,659 824
" RP-Q-Ins Emp (note a) 2 24 15
" RP-I (note a) 299 9,199 2,846
" RP-I-Emp (note a) 0 0 0
" Inst-R (note a) 43 4,788 52
" Inst-R-Emp (note a) 3 28 1
------------ ------------ ------------
Total 57,342 943,387 308,795
------------ ------------ ------------
Payments made in advance of certificate
year requirements and accrued interest
thereon:
Series 15, includes extended maturities 2 Not Not 0
" 20, " " " 2 Readily Applicable 4
" 15A, " " " 3 Available 3
" 22A, " " " 3 554
" I-76, " " " 3.5 333
------------
Total 894
------------
Balance at beginning of period
------------------------------------------
Number
of
accounts Amount
with of Amount
security maturity of
holders value reserves
------------ ------------ ------------
Additional credits and accrued interest
thereon:
Series 15, includes extended maturities 2.5 Not Not 0
" 20, " " " 2.5 Readily Applicable 27
" 15A, " " " 3 Available 5
" 22A, " " " 3 3,600
" I-76, " " " 3.5 1,873
" Reserve Plus Flexible Payment (note a) 0
" IC-Q-Installment (note a) 0
" IC-Q-Ins (note a) 0
" IC-Q-Ins Emp (note a) 0
" IC-I (note a) 312
" IC-I-Emp (note a) 3
" Inst (note a) 2
" Inst-Emp (note a) 0
" RP-Q-Installment (note a) 0
" RP-Q-Flexible Payment (note a) 0
" RP-Q-Ins (note a) 0
" RP-Q-Ins Emp (note a) 0
" RP-I (note a) 4
" RP-I-Emp (note a) 0
------------
Total 5,826
------------
Reserve for accrued extra contribution 3rd year 13,889
Reserve for accrued extra contribution 6th year 10
Accrued interest on reserves in default I-76 3.5 2
Reserve for additional credits to be allowed
Installment Certificates-Special Additional Not Not
Credits I-76 Readily Applicable 0
Accrued for additional credits to be allowed at Available
next anniversary 148
Reserve for death and disability refund options 0
Reserve for reconversion of paid-up certificates 54
------------
Total installment certificates 363,797
------------
Additions
------------------------------------------
Charged
Charged Reserve to other
to profit payments by accounts
and loss certificate (per
or income holders part 2)
------------ ------------ ------------
Additional credits and accrued interest
thereon:
Series 15, includes extended maturities 2.5 0 Not 0
" 20, " " " 2.5 1 Applicable 3
" 15A, " " " 3 0 0
" 22A, " " " 3 96 296
" I-76, " " " 3.5 59 80
" Reserve Plus Flexible Payment (note a) 37 0
" IC-Q-Installment (note a) 13 0
" IC-Q-Ins (note a) 934 0
" IC-Q-Ins Emp (note a) 5 0
" IC-I (note a) 7,624 0
" IC-I-Emp (note a) 61 0
" Inst (note a) 125 0
" Inst-Emp (note a) 1 0
" RP-Q-Installment (note a) 49 0
" RP-Q-Flexible Payment (note a) 3 0
" RP-Q-Ins (note a) 33 0
" RP-Q-Ins Emp (note a) 1 0
" RP-I (note a) 102 0
" RP-I-Emp (note a) 0 0
------------ ------------
Total 9,144 379
------------ ------------
Reserve for accrued extra contribution 3rd year 1,743 (5,574) 0
Reserve for accrued extra contribution 6th year 9 (19) 0
Accrued interest on reserves in default I-76 3.5 7 0 0
Reserve for additional credits to be allowed
Installment Certificates-Special Additional
Credits I-76 0 0 0
Accrued for additional credits to be allowed at
next anniversary 262 0 0
Reserve for death and disability refund options 0 0 0
Reserve for reconversion of paid-up certificates 0 0 0
------------ ------------ ------------
Total installment certificates 11,912 81,367 10,069
------------ ------------ ------------
Deductions
------------------------------------------
Credited
Cash to other
surrenders accounts
prior to (per
Maturities maturity part 2)
------------ ------------ ------------
Additional credits and accrued interest
thereon:
Series 15, includes extended maturities 2.5 0 0 0
" 20, " " " 2.5 2 7 10
" 15A, " " " 3 2 0 0
" 22A, " " " 3 93 166 483
" I-76, " " " 3.5 0 329 73
" Reserve Plus Flexible Payment (note a) 0 0 37
" IC-Q-Installment (note a) 0 0 13
" IC-Q-Ins (note a) 0 0 934
" IC-Q-Ins Emp (note a) 0 0 5
" IC-I (note a) 0 0 7,635
" IC-I-Emp (note a) 0 0 62
" Inst (note a) 0 0 119
" Inst-Emp (note a) 0 0 1
" RP-Q-Installment (note a) 0 0 49
" RP-Q-Flexible Payment (note a) 0 0 3
" RP-Q-Ins (note a) 0 0 33
" RP-Q-Ins Emp (note a) 0 0 1
" RP-I (note a) 0 0 102
" RP-I-Emp (note a) 0 0 0
------------ ------------ ------------
Total 97 502 9,560
------------ ------------ ------------
Reserve for accrued extra contribution 3rd year 0 0 0
Reserve for accrued extra contribution 6th year 0 0 0
Accrued interest on reserves in default I-76 3.5 0 1 6
Reserve for additional credits to be allowed
Installment Certificates-Special Additional
Credits I-76 0 0 0
Accrued for additional credits to be allowed at
next anniversary 0 0 281
Reserve for death and disability refund options 0 0 0
Reserve for reconversion of paid-up certificates 0 1 0
------------ ------------ ------------
Total installment certificates 8,340 121,004 12,680
------------ ------------ ------------
Balance at close of period
------------------------------------------
Number
of
accounts Amount
with of Amount
security maturity of
holders value reserves
------------ ------------ ------------
Additional credits and accrued interest
thereon:
Series 15, includes extended maturities 2.5 Not Not 0
" 20, " " " 2.5 Readily Applicable 12
" 15A, " " " 3 Available 3
" 22A, " " " 3 3,250
" I-76, " " " 3.5 1,610
" Reserve Plus Flexible Payment (note a) 0
" IC-Q-Installment (note a) 0
" IC-Q-Ins (note a) 0
" IC-Q-Ins Emp (note a) 0
" IC-I (note a) 301
" IC-I-Emp (note a) 2
" Inst (note a) 8
" Inst-Emp (note a) 0
" RP-Q-Installment (note a) 0
" RP-Q-Flexible Payment (note a) 0
" RP-Q-Ins (note a) 0
" RP-Q-Ins Emp (note a) 0
" RP-I (note a) 4
" RP-I-Emp (note a) 0
------------
Total 5,190
------------
Reserve for accrued extra contribution 3rd year 10,058
Reserve for accrued extra contribution 6th year 0
Accrued interest on reserves in default I-76 3.5 2
Reserve for additional credits to be allowed
Installment Certificates-Special Additional Not Not
Credits I-76 Readily Applicable 0
Accrued for additional credits to be allowed at Available
next anniversary 129
Reserve for death and disability refund options 0
Reserve for reconversion of paid-up certificates 53
------------
Total installment certificates 325,121
------------
Balance at beginning of period
------------------------------------------
Number
of
accounts Amount
with of Amount
security maturity of
holders value reserves
------------ ------------ ------------
Fully paid certificates:
Single-Payment certificates:
SP 74 3.5 1 8 8
SP 75 3.5 0 0 0
SP 76 3.5 0 0 0
SP 77 3.5 64 485 483
SP 78 3.5 391 2,838 2,771
SP 79 3.5 448 3,340 3,157
SP 80 3.5 424 3,430 3,125
SP 81A 3.5 344 2,056 1,806
SP 82A 3.5 300 2,793 2,375
SP 82B 3.5 542 4,890 4,111
SP 83A 3.5 93 678 562
SP 83B 3.5 222 2,101 1,712
IC-2-84 3.5 840 8,234 6,490
IC-2-85 3.5 440 4,580 4,682
IC-2-86 3.5 243 2,699 2,480
IC-2-87 3.5 292 3,853 3,300
IC-2-88 3.5 598 8,681 6,735
Reserve Plus Single Payment (note a) 979 4,640 7,570
Cash Reserve Single Payment (note b) 39 218 178
IC-Flexible Savings (formally Variable Term) (note d) 99,887 683,370 746,512
IC-Flexible Savings Emp (formally Variable Term) (note d) 1,409 13,702 16,219
IC-Preferred Investors (note d) 63 70,037 71,008
IC-Investors (note d) 568 691,996 741,439
IC-Special Deposits (note d) 138 189,063 195,319
IC-1-84 (note c) 57 405 426
Cash Reserve Variable Payment (note b) 535 2,687 3,473
Cash Reserve Variable Payment-3mo. (note e) 48,811 213,126 224,176
IC-Future Value (note f) 17,346 191,851 191,851
IC-Future Value Emp (note f) 328 3,658 3,658
IC-Stock Market (note g) 92,416 312,493 346,548
IC-Market Strategy (note g) 0 0 0
IC-AEBI Stock Market (note g) 16 2,401 2,716
------------ ------------ ------------
Total 267,834 2,430,313 2,594,890
------------ ------------ ------------
Additions
------------------------------------------
Charged
Charged Reserve to other
to profit payments by accounts
and loss certificate (per
or income holders part 2)
------------ ------------ ------------
Fully paid certificates:
Single-Payment certificates:
SP 74 3.5 0 0 0
SP 75 3.5 0 0 0
SP 76 3.5 0 0 0
SP 77 3.5 2 0 0
SP 78 3.5 62 0 0
SP 79 3.5 102 0 0
SP 80 3.5 102 0 0
SP 81A 3.5 59 0 0
SP 82A 3.5 78 0 0
SP 82B 3.5 128 0 0
SP 83A 3.5 19 0 0
SP 83B 3.5 56 0 0
IC-2-84 3.5 204 0 0
IC-2-85 3.5 0 0 214
IC-2-86 3.5 0 0 114
IC-2-87 3.5 0 0 148
IC-2-88 3.5 0 0 303
Reserve Plus Single Payment (note a) 0 1 281
Cash Reserve Single Payment (note b) 0 1 7
IC-Flexible Savings (formally Variable Term) (note d) 0 86,531 32,199
IC-Flexible Savings Emp (formally Variable Term) (note d) 0 2,482 819
IC-Preferred Investors (note d) 0 163,550 4,445
IC-Investors (note d) 0 206,028 38,873
IC-Special Deposits (note d) 0 91,975 9,606
IC-1-84 (note c) 0 0 15
Cash Reserve Variable Payment (note b) 0 388 123
Cash Reserve Variable Payment-3mo. (note e) 0 192,333 8,132
IC-Future Value (note f) 0 0 1
IC-Future Value Emp (note f) 0 0 0
IC-Stock Market (note g) 0 167,931 30,686
IC-Market Strategy (note g) 0 72,061 654
IC-AEBI Stock Market (note g) 0 4,977 227
------------ ------------ ------------
Total 812 988,258 126,847
------------ ------------ ------------
Deductions
------------------------------------------
Credited
Cash to other
surrenders accounts
prior to (per
Maturities maturity part 2)
------------ ------------ ------------
Fully paid certificates:
Single-Payment certificates:
SP 74 3.5 0 0 8
SP 75 3.5 0 0 0
SP 76 3.5 0 0 0
SP 77 3.5 381 21 83
SP 78 3.5 1,772 319 349
SP 79 3.5 0 427 56
SP 80 3.5 0 401 0
SP 81A 3.5 0 257 0
SP 82A 3.5 0 283 0
SP 82B 3.5 0 724 0
SP 83A 3.5 0 71 0
SP 83B 3.5 0 222 0
IC-2-84 3.5 0 1,151 8
IC-2-85 3.5 0 830 0
IC-2-86 3.5 0 513 8
IC-2-87 3.5 0 597 0
IC-2-88 3.5 0 1,099 0
Reserve Plus Single Payment (note a) 0 1,109 60
Cash Reserve Single Payment (note b) 0 11 0
IC-Flexible Savings (formally Variable Term) (note d) 0 362,709 0
IC-Flexible Savings Emp (formally Variable Term) (note d) 0 2,984 0
IC-Preferred Investors (note d) 0 161,632 0
IC-Investors (note d) 0 236,219 0
IC-Special Deposits (note d) 0 129,253 0
IC-1-84 (note c) 0 112 0
Cash Reserve Variable Payment (note b) 0 911 0
Cash Reserve Variable Payment-3mo. (note e) 0 238,745 0
IC-Future Value (note f) 54,334 17,197 0
IC-Future Value Emp (note f) 1,021 208 0
IC-Stock Market (note g) 0 104,850 0
IC-Market Strategy (note g) 0 2,343 0
IC-AEBI Stock Market (note g) 0 1,180 0
------------ ------------ ------------
Total 57,508 1,266,378 572
------------ ------------ ------------
Balance at close of period
------------------------------------------
Number
of
accounts Amount
with of Amount
security maturity of
holders value reserves
------------ ------------ ------------
Fully paid certificates:
Single-Payment certificates:
SP 74 3.5 0 0 0
SP 75 3.5 0 0 0
SP 76 3.5 0 0 0
SP 77 3.5 0 0 0
SP 78 3.5 61 723 393
SP 79 3.5 388 2,838 2,776
SP 80 3.5 356 2,999 2,826
SP 81A 3.5 297 1,770 1,608
SP 82A 3.5 259 2,466 2,170
SP 82B 3.5 452 4,041 3,515
SP 83A 3.5 83 595 510
SP 83B 3.5 189 1,833 1,546
IC-2-84 3.5 686 6,783 5,535
IC-2-85 3.5 360 3,877 4,066
IC-2-86 3.5 188 2,152 2,073
IC-2-87 3.5 239 3,190 2,851
IC-2-88 3.5 486 7,301 5,939
Reserve Plus Single Payment (note a) 820 308,978 6,683
Cash Reserve Single Payment (note b) 32 176 175
IC-Flexible Savings (formally Variable Term) (note d) 76,191 438,276 502,533
IC-Flexible Savings Emp (formally Variable Term) (note d) 1,247 13,712 16,536
IC-Preferred Investors (note d) 67 76,339 77,371
IC-Investors (note d) 549 687,325 750,121
IC-Special Deposits (note d) 115 157,232 167,647
IC-1-84 (note c) 51 354 329
Cash Reserve Variable Payment (note b) 443 2,330 3,073
Cash Reserve Variable Payment-3mo. (note e) 44,122 175,219 185,896
IC-Future Value (note f) 11,209 120,321 120,321
IC-Future Value Emp (note f) 219 2,429 2,429
IC-Stock Market (note g) 110,202 391,171 440,315
IC-Market Strategy (note g) 5,134 69,753 70,372
IC-AEBI Stock Market (note g) 33 6,428 6,740
------------ ------------ ------------
Total 254,478 2,490,611 2,386,349
------------ ------------ ------------
Balance at beginning of period
------------------------------------------
Number
of
accounts Amount
with of Amount
security maturity of
holders value reserves
------------ ------------ ------------
Additional credits and accrued interest thereon:
SP 74 3.5 Not Not 10
SP 75 3.5 Applicable Applicable 0
SP 76 3.5 0
SP 77 3.5 529
SP 78 3.5 2,787
SP 79 3.5 2,959
SP 80 3.5 2,665
SP 81A 3.5 1,257
SP 82A 3.5 1,602
SP 82B 3.5 2,675
SP 83A 3.5 289
SP 83B 3.5 823
IC-2-84 3.5 3,171
IC-2-85 3.5 84
IC-2-86 3.5 41
IC-2-87 3.5 58
IC-2-88 3.5 120
Reserve Plus Single Payment (note a) 0
Cash Reserve Single Payment (note b) 0
IC-Flexible Savings (formally Variable Term) (note d) 1,575
IC-Flexible Savings Emp (formally Variable Term) (note d) 144
IC-Preferred Investors (note d) 39
IC-Investors (note d) 1,733
IC-Special Deposits (note d) 414
IC-1-84 (note c) 9
Cash Reserve Variable Payment (note b) 0
Cash Reserve Variable Payment-3mo. (note e) 370
IC-Future Value (note f) 55,702
IC-Future Value Emp (note f) 1,132
IC-Stock Market (note g) 1,486
IC-Market Strategy (note g) 0
IC-AEBI Stock Market (note g) 43
------------
Total 81,717
------------
Additions
------------------------------------------
Charged
Charged Reserve to other
to profit payments by accounts
and loss certificate (per
or income holders part 2)
------------ ------------ ------------
Additional credits and accrued interest thereon:
SP 74 3.5 0 0 0
SP 75 3.5 0 0 0
SP 76 3.5 0 0 0
SP 77 3.5 2 0 14
SP 78 3.5 62 0 74
SP 79 3.5 97 0 85
SP 80 3.5 88 0 80
SP 81A 3.5 42 0 39
SP 82A 3.5 53 0 53
SP 82B 3.5 86 0 87
SP 83A 3.5 10 0 11
SP 83B 3.5 27 0 32
IC-2-84 3.5 101 0 128
IC-2-85 3.5 154 0 0
IC-2-86 3.5 80 0 0
IC-2-87 3.5 107 0 0
IC-2-88 3.5 221 0 0
Reserve Plus Single Payment (note a) 283 0 0
Cash Reserve Single Payment (note b) 7 0 0
IC-Flexible Savings (formally Variable Term) (note d) 35,433 0 0
IC-Flexible Savings Emp (formally Variable Term) (note d) 4,642 0 0
IC-Preferred Investors (note d) 949 0 0
IC-Investors (note d) 42,092 0 0
IC-Special Deposits (note d) 10,270 0 0
IC-1-84 (note c) 17 0 2
Cash Reserve Variable Payment (note b) 131 0 0
Cash Reserve Variable Payment-3mo. (note e) 8,181 0 0
IC-Future Value (note f) 15,595 0 0
IC-Future Value Emp (note f) 351 0 0
IC-Stock Market (note g) 2,529 (1) 0
IC-Market Strategy (note g) 746 0 0
IC-AEBI Stock Market (note g) 82 0 0
------------ ------------ ------------
Total 122,438 (1) 605
------------ ------------ ------------
Deductions
------------------------------------------
Credited
Cash to other
surrenders accounts
prior to (per
Maturities maturity part 2)
------------ ------------ ------------
Additional credits and accrued interest thereon:
SP 74 3.5 0 0 10
SP 75 3.5 0 0 0
SP 76 3.5 0 0 0
SP 77 3.5 429 25 91
SP 78 3.5 1,846 315 358
SP 79 3.5 0 423 57
SP 80 3.5 0 333 0
SP 81A 3.5 0 176 0
SP 82A 3.5 0 203 0
SP 82B 3.5 0 501 0
SP 83A 3.5 0 35 0
SP 83B 3.5 0 116 0
IC-2-84 3.5 0 572 4
IC-2-85 3.5 0 13 153
IC-2-86 3.5 0 6 82
IC-2-87 3.5 0 7 107
IC-2-88 3.5 0 12 223
Reserve Plus Single Payment (note a) 0 0 283
Cash Reserve Single Payment (note b) 0 0 7
IC-Flexible Savings (formally Variable Term) (note d) 0 3,802 32,214
IC-Flexible Savings Emp (formally Variable Term) (note d) 0 171 4,451
IC-Preferred Investors (note d) 0 132 819
IC-Investors (note d) 0 3,272 38,873
IC-Special Deposits (note d) 0 726 9,606
IC-1-84 (note c) 0 4 17
Cash Reserve Variable Payment (note b) 0 7 124
Cash Reserve Variable Payment-3mo. (note e) 0 122 8,139
IC-Future Value (note f) 21,505 5,539 1
IC-Future Value Emp (note f) 420 73 0
IC-Stock Market (note g) 0 130 2,416
IC-Market Strategy (note g) 0 0 655
IC-AEBI Stock Market (note g) 0 2 79
------------ ------------ ------------
Total 24,200 16,717 98,769
------------ ------------ ------------
Balance at close of period
------------------------------------------
Number
of
accounts Amount
with of Amount
security maturity of
holders value reserves
------------ ------------ ------------
Additional credits and accrued interest thereon:
SP 74 3.5 Not Not 0
SP 75 3.5 Applicable Applicable 0
SP 76 3.5 0
SP 77 3.5 0
SP 78 3.5 404
SP 79 3.5 2,661
SP 80 3.5 2,500
SP 81A 3.5 1,162
SP 82A 3.5 1,505
SP 82B 3.5 2,347
SP 83A 3.5 275
SP 83B 3.5 766
IC-2-84 3.5 2,824
IC-2-85 3.5 72
IC-2-86 3.5 33
IC-2-87 3.5 51
IC-2-88 3.5 106
Reserve Plus Single Payment (note a) 0
Cash Reserve Single Payment (note b) 0
IC-Flexible Savings (formally Variable Term) (note d) 992
IC-Flexible Savings Emp (formally Variable Term) (note d) 164
IC-Preferred Investors (note d) 37
IC-Investors (note d) 1,680
IC-Special Deposits (note d) 352
IC-1-84 (note c) 7
Cash Reserve Variable Payment (note b) 0
Cash Reserve Variable Payment-3mo. (note e) 290
IC-Future Value (note f) 44,252
IC-Future Value Emp (note f) 990
IC-Stock Market (note g) 1,468
IC-Market Strategy (note g) 91
IC-AEBI Stock Market (note g) 44
------------
Total 65,073
------------
Balance at beginning of period
------------------------------------------
Number
of
accounts Amount
with of Amount
security maturity of
holders value reserves
------------ ------------ ------------
Accrued for additional credits to be allowed
at next anniversaries:
SP 74 Not Not 0
SP 75 Applicable Applicable 0
SP 76 0
SP 77 12
SP 78 37
SP 79 43
SP 80 39
SP 81A 23
SP 82A 18
SP 82B 54
SP 83A 7
SP 83B 16
IC-2-84 65
IC-2-85 33
IC-2-86 16
IC-2-87 23
IC-2-88 43
IC-Stock Market 18,318
IC-Market Strategy 0
IC-AEBI Stock Market 64
------------
Total 18,811
------------
Additions
------------------------------------------
Charged
Charged Reserve to other
to profit payments by accounts
and loss certificate (per
or income holders part 2)
------------ ------------ ------------
Accrued for additional credits to be allowed
at next anniversaries:
SP 74 0 0 0
SP 75 0 0 0
SP 76 0 0 0
SP 77 2 0 0
SP 78 46 0 0
SP 79 76 0 0
SP 80 72 0 0
SP 81A 34 0 0
SP 82A 49 0 0
SP 82B 79 0 0
SP 83A 10 0 0
SP 83B 30 0 0
IC-2-84 113 0 0
IC-2-85 54 0 0
IC-2-86 29 0 0
IC-2-87 36 0 0
IC-2-88 72 0 0
IC-Stock Market 44,383 0 0
IC-Market Strategy 2,179 0 0
IC-AEBI Stock Market 328 0 0
------------ ------------ ------------
Total 47,592 0 0
------------ ------------ ------------
Deductions
------------------------------------------
Credited
Cash to other
surrenders accounts
prior to (per
Maturities maturity part 2)
------------ ------------ ------------
Accrued for additional credits to be allowed
at next anniversaries:
SP 74 0 0 0
SP 75 0 0 0
SP 76 0 0 0
SP 77 0 0 14
SP 78 0 0 74
SP 79 0 0 85
SP 80 0 0 80
SP 81A 0 0 39
SP 82A 0 0 53
SP 82B 0 1 87
SP 83A 0 0 11
SP 83B 0 0 32
IC-2-84 0 0 128
IC-2-85 0 0 61
IC-2-86 0 0 33
IC-2-87 0 0 41
IC-2-88 0 0 80
IC-Stock Market 0 663 28,280
IC-Market Strategy 0 0 0
IC-AEBI Stock Market 0 0 148
------------ ------------ ------------
Total 0 664 29,246
------------ ------------ ------------
Balance at close of period
------------------------------------------
Number
of
accounts Amount
with of Amount
security maturity of
holders value reserves
------------ ------------ ------------
Accrued for additional credits to be allowed
at next anniversaries:
SP 74 Not Not 0
SP 75 Applicable Applicable 0
SP 76 0
SP 77 0
SP 78 9
SP 79 34
SP 80 31
SP 81A 18
SP 82A 14
SP 82B 45
SP 83A 6
SP 83B 14
IC-2-84 50
IC-2-85 26
IC-2-86 12
IC-2-87 18
IC-2-88 35
IC-Stock Market 33,758
IC-Market Strategy 2,179
IC-AEBI Stock Market 244
------------
Total 36,493
------------
Balance at beginning of period
------------------------------------------
Number
of
accounts Amount
with of Amount
security maturity of
holders value reserves
------------ ------------ ------------
R Series Single-Payment certificates:
R-76 3.5 9 92 78
R-77 3.5 42 506 425
R-78 3.5 74 721 551
R-79 3.5 100 1,068 797
R-80 3.5 119 1,211 849
R-81 3.5 50 572 351
R-82A 3.5 228 1,778 980
RP-Q (note a) 590 1,042 2,404
R-II 3.5 169 1,696 713
RP-2-84 3.5 515 6,321 2,526
RP-2-85 3.5 152 650 658
RP-2-86 3.5 49 344 324
RP-2-87 3.5 110 624 527
RP-2-88 3.5 140 789 609
Cash Reserve RP (note b) 8 18 34
IC-Flexible Savings RP (note d) 14,722 134,813 151,753
RP-Preferred Investors (note d) 4 3,046 3,132
Cash Reserve RP-3 mo. (note e) 3,127 28,298 29,587
IC-Flexible Savings RP Emp (note d) 393 4,455 5,390
RP-Future Value (note f) 10,988 168,857 168,857
RP-Future Value Emp (note f) 258 5,035 5,035
RP-Stock Market (note g) 10,285 59,553 67,221
RP-Market Strategy (note g) 0 0 0
D-1 (note a) 211 28,044 34,272
------------ ------------ ------------
Total 42,343 449,533 477,073
------------ ------------ ------------
Additions
------------------------------------------
Charged
Charged Reserve to other
to profit payments by accounts
and loss certificate (per
or income holders part 2)
------------ ------------ ------------
R Series Single-Payment certificates:
R-76 3.5 0 0 4
R-77 3.5 0 0 21
R-78 3.5 0 0 24
R-79 3.5 0 0 38
R-80 3.5 0 0 39
R-81 3.5 0 0 17
R-82A 3.5 0 0 48
RP-Q (note a) 0 0 87
R-II 3.5 0 0 34
RP-2-84 3.5 0 0 120
RP-2-85 3.5 0 0 32
RP-2-86 3.5 0 0 13
RP-2-87 3.5 0 0 25
RP-2-88 3.5 0 0 30
Cash Reserve RP (note b) 0 0 1
IC-Flexible Savings RP (note d) 0 23,393 6,706
RP-Preferred Investors (note d) 0 2,153 143
Cash Reserve RP-3 mo. (note e) 0 41,298 1,062
IC-Flexible Savings RP Emp (note d) 0 769 290
RP-Future Value (note f) 0 (17) 0
RP-Future Value Emp (note f) 0 17 0
RP-Stock Market (note g) 1 38,041 5,983
RP-Market Strategy (note g) 0 15,941 141
D-1 (note a) 0 806 1,582
------------ ------------ ------------
Total 1 122,401 16,440
------------ ------------ ------------
Deductions
------------------------------------------
Credited
Cash to other
surrenders accounts
prior to (per
Maturities maturity part 2)
------------ ------------ ------------
R Series Single-Payment certificates:
R-76 3.5 0 18 0
R-77 3.5 0 149 0
R-78 3.5 0 156 0
R-79 3.5 0 63 0
R-80 3.5 0 206 10
R-81 3.5 0 58 0
R-82A 3.5 0 167 0
RP-Q (note a) 0 541 0
R-II 3.5 0 149 0
RP-2-84 3.5 0 662 0
RP-2-85 3.5 0 153 0
RP-2-86 3.5 0 183 0
RP-2-87 3.5 0 126 0
RP-2-88 3.5 0 131 0
Cash Reserve RP (note b) 0 0 0
IC-Flexible Savings RP (note d) 0 60,068 0
RP-Preferred Investors (note d) 0 3,095 0
Cash Reserve RP-3 mo. (note e) 0 48,880 0
IC-Flexible Savings RP Emp (note d) 0 1,143 0
RP-Future Value (note f) 37,243 12,780 0
RP-Future Value Emp (note f) 1,276 100 0
RP-Stock Market (note g) 0 21,884 0
RP-Market Strategy (note g) 0 463 0
D-1 (note a) 0 7,504 0
------------ ------------ ------------
Total 38,519 158,679 10
------------ ------------ ------------
Balance at close of period
------------------------------------------
Number
of
accounts Amount
with of Amount
security maturity of
holders value reserves
------------ ------------ ------------
R Series Single-Payment certificates:
R-76 3.5 8 72 64
R-77 3.5 30 338 297
R-78 3.5 56 523 419
R-79 3.5 87 984 772
R-80 3.5 87 916 672
R-81 3.5 44 481 310
R-82A 3.5 192 1,491 861
RP-Q (note a) 477 814 1,950
R-II 3.5 136 1,350 598
RP-2-84 3.5 410 4,741 1,984
RP-2-85 3.5 122 509 537
RP-2-86 3.5 33 159 154
RP-2-87 3.5 86 482 426
RP-2-88 3.5 105 627 508
Cash Reserve RP (note b) 8 18 35
IC-Flexible Savings RP (note d) 12,026 105,502 121,784
RP-Preferred Investors (note d) 5 2,255 2,333
Cash Reserve RP-3 mo. (note e) 2,492 21,903 23,067
IC-Flexible Savings RP Emp (note d) 334 4,342 5,306
RP-Future Value (note f) 7,645 118,817 118,817
RP-Future Value Emp (note f) 193 3,676 3,676
RP-Stock Market (note g) 11,994 79,218 89,362
RP-Market Strategy (note g) 601 15,487 15,619
D-1 (note a) 199 23,613 29,156
------------ ------------ ------------
Total 37,370 388,318 418,707
------------ ------------ ------------
Balance at beginning of period
------------------------------------------
Number
of
accounts Amount
with of Amount
security maturity of
holders value reserves
------------ ------------ ------------
Additional Interest on R-Series Single
Payment Reserves:
R-76 3.5 Not Not 3
R-77 3.5 Applicable Applicable 7
R-78 3.5 16
R-79 3.5 20
R-80 3.5 25
R-81 3.5 9
R-82A 3.5 42
RP-Q (note a) 0
R-II 3.5 23
RP-2-84 3.5 73
RP-2-85 3.5 20
RP-2-86 3.5 9
RP-2-87 3.5 15
RP-2-88 3.5 17
Cash Reserve RP (note b) 0
IC-Flexible Savings RP (note d) 329
RP-Preferred Investors (note d) 5
Cash Reserve RP-3 mo. (note e) 47
IC-Flexible Savings RP Emp (note d) 11
IC-Future Value (note f) 55,838
IC-Future Value Emp (note f) 1,769
RP-Stock Market (note g) 309
RP-Market Strategy (note g) 0
D-1 (note a) 0
------------
Total 58,587
------------
Accrued for additional credits to be allowed
at next anniversaries:
RP-Stock Market 3,597
RP-Market Strategy 0
------------
Total single payment 3,234,675
------------
Paid-up certificates:
Series 15 and 20 3.25 14 123 108
" 15A and 22A 3.5 662 8,525 7,638
" I-76 3.5 648 3,194 2,094
------------ ------------ ------------
Total 1,324 11,842 9,840
------------ ------------ ------------
Additions
------------------------------------------
Charged
Charged Reserve to other
to profit payments by accounts
and loss certificate (per
or income holders part 2)
------------ ------------ ------------
Additional Interest on R-Series Single
Payment Reserves:
R-76 3.5 4 0 0
R-77 3.5 20 0 0
R-78 3.5 23 0 0
R-79 3.5 38 0 0
R-80 3.5 37 0 0
R-81 3.5 17 0 0
R-82A 3.5 46 0 0
RP-Q (note a) 87 0 0
R-II 3.5 32 0 0
RP-2-84 3.5 109 0 0
RP-2-85 3.5 29 0 0
RP-2-86 3.5 12 0 0
RP-2-87 3.5 24 0 0
RP-2-88 3.5 27 0 0
Cash Reserve RP (note b) 1 0 0
IC-Flexible Savings RP (note d) 7,390 0 0
RP-Preferred Investors (note d) 141 0 0
Cash Reserve RP-3 mo. (note e) 1,061 0 0
IC-Flexible Savings RP Emp (note d) 322 0 0
IC-Future Value (note f) 14,621 0 0
IC-Future Value Emp (note f) 516 0 0
RP-Stock Market (note g) 488 0 0
RP-Market Strategy (note g) 159 0 0
D-1 (note a) 1,701 0 0
------------ ------------ ------------
Total 26,905 0 0
------------ ------------ ------------
Accrued for additional credits to be allowed
at next anniversaries:
RP-Stock Market 8,936 0 0
RP-Market Strategy 446 0 0
------------ ------------ ------------
Total single payment 207,130 1,110,658 143,892
------------ ------------ ------------
Paid-up certificates:
Series 15 and 20 3.25 3 0 0
" 15A and 22A 3.5 217 0 1,176
" I-76 3.5 72 0 369
------------ ------------ ------------
Total 292 0 1,545
------------ ------------ ------------
Deductions
------------------------------------------
Credited
Cash to other
surrenders accounts
prior to (per
Maturities maturity part 2)
------------ ------------ ------------
Additional Interest on R-Series Single
Payment Reserves:
R-76 3.5 0 1 4
R-77 3.5 0 1 21
R-78 3.5 0 3 24
R-79 3.5 0 1 38
R-80 3.5 0 2 39
R-81 3.5 0 1 18
R-82A 3.5 0 4 48
RP-Q (note a) 0 0 87
R-II 3.5 0 2 34
RP-2-84 3.5 0 7 120
RP-2-85 3.5 0 1 32
RP-2-86 3.5 0 4 13
RP-2-87 3.5 0 1 25
RP-2-88 3.5 0 2 29
Cash Reserve RP (note b) 0 0 1
IC-Flexible Savings RP (note d) 0 764 6,706
RP-Preferred Investors (note d) 0 1 143
Cash Reserve RP-3 mo. (note e) 0 12 1,062
IC-Flexible Savings RP Emp (note d) 0 34 289
IC-Future Value (note f) 19,220 4,795 0
IC-Future Value Emp (note f) 534 36 0
RP-Stock Market (note g) 0 41 482
RP-Market Strategy (note g) 0 0 140
D-1 (note a) 0 119 1,582
------------ ------------ ------------
Total 19,754 5,832 10,937
------------ ------------ ------------
Accrued for additional credits to be allowed
at next anniversaries:
RP-Stock Market 0 99 5,502
RP-Market Strategy 0 0 0
------------ ------------ ------------
Total single payment 139,981 1,448,369 145,036
------------ ------------ ------------
Paid-up certificates:
Series 15 and 20 3.25 6 2 5
" 15A and 22A 3.5 1,531 680 1,356
" I-76 3.5 0 387 9
------------ ------------ ------------
Total 1,537 1,069 1,370
------------ ------------ ------------
Balance at close of period
------------------------------------------
Number
of
accounts Amount
with of Amount
security maturity of
holders value reserves
------------ ------------ ------------
Additional Interest on R-Series Single
Payment Reserves:
R-76 3.5 Not Not 2
R-77 3.5 Applicable Applicable 5
R-78 3.5 12
R-79 3.5 19
R-80 3.5 21
R-81 3.5 7
R-82A 3.5 36
RP-Q (note a) 0
R-II 3.5 19
RP-2-84 3.5 55
RP-2-85 3.5 16
RP-2-86 3.5 4
RP-2-87 3.5 13
RP-2-88 3.5 13
Cash Reserve RP (note b) 0
IC-Flexible Savings RP (note d) 249
RP-Preferred Investors (note d) 2
Cash Reserve RP-3 mo. (note e) 34
IC-Flexible Savings RP Emp (note d) 10
IC-Future Value (note f) 46,444
IC-Future Value Emp (note f) 1,715
RP-Stock Market (note g) 274
RP-Market Strategy (note g) 19
D-1 (note a) 0
------------
Total 48,969
------------
Accrued for additional credits to be allowed
at next anniversaries:
RP-Stock Market 6,932
RP-Market Strategy 446
------------
Total single payment 2,962,969
------------
Paid-up certificates:
Series 15 and 20 3.25 10 110 98
" 15A and 22A 3.5 358 6,307 5,464
" I-76 3.5 613 3,131 2,139
------------ ------------ ------------
Total 981 9,548 7,701
------------ ------------ ------------
Balance at beginning of period
------------------------------------------
Number
of
accounts Amount
with of Amount
security maturity of
holders value reserves
------------ ------------ ------------
Additional credits and accrued interest thereon:
Series 15 and 20 2.5 Not Not 3
" 15A and 22A 3 Applicable Applicable 273
" I-76 3.5 165
------------
Total 441
------------
Accrued for additional credits to be allowed
at next anniversaries 42
------------ ------------ ------------
Total paid-up 1,324 11,842 10,323
------------ ------------ ------------
Optional settlement certificates:
Series 1, IST&G 3 13 6
Other series and conversions from Single
Payment certificates 2.5-3-3-3.5 8,329 101,339
Series R-76 thru R-82A 3 46 173
Series R-II & RP-2-84 thru 88 3.5 29 464
Reserve Plus Single-Payment (note a) 146 1,429
Reserve Plus Flex-Pay & IC-Q-Inst (note a) 18 105
Series R-Installment (note a) 59 301
Series R-Single-Payment (note a) 27 72
Add'l credits and accrued int. thereon 2.5-3 Not Not 11,139
Add'l credits and accrued int. thereon-IST&G 2.5-3 Applicable Applicable 0
Accrued for additional credits to be allowed
at next anniversaries 860
Accrued for additional credits to be allowed
at next anniversaries-R-76 thru R-82A & R-II 4
Accrued for additional credits to be allowed
at next anniversaries-IST&G 0
------------ ------------
Total optional settlement 8,667 115,892
------------ ------------
Not
Due to unlocated certificate holders Applicable 291
------------
Total certificate reserves 3,724,978
============
Additions
------------------------------------------
Charged
Charged Reserve to other
to profit payments by accounts
and loss certificate (per
or income holders part 2)
------------ ------------ ------------
Additional credits and accrued interest thereon:
Series 15 and 20 2.5 0 0 1
" 15A and 22A 3 6 0 46
" I-76 3.5 6 0 19
------------ ------------ ------------
Total 12 0 66
------------ ------------ ------------
Accrued for additional credits to be allowed
at next anniversaries 58 0 0
------------ ------------ ------------
Total paid-up 362 0 1,611
------------ ------------ ------------
Optional settlement certificates:
Series 1, IST&G 3 0 0 0
Other series and conversions from Single
Payment certificates 2.5-3-3-3.5 2,938 0 3,807
Series R-76 thru R-82A 3 5 0 13
Series R-II & RP-2-84 thru 88 3.5 15 0 5
Reserve Plus Single-Payment (note a) 52 0 60
Reserve Plus Flex-Pay & IC-Q-Inst (note a) 2 0 49
Series R-Installment (note a) 9 0 21
Series R-Single-Payment (note a) 2 0 0
Add'l credits and accrued int. thereon 2.5-3 296 0 1,715
Add'l credits and accrued int. thereon-IST&G 2.5-3 0 0 0
Accrued for additional credits to be allowed
at next anniversaries 1,678 0 0
Accrued for additional credits to be allowed
at next anniversaries-R-76 thru R-82A & R-II 8 1 0
Accrued for additional credits to be allowed
at next anniversaries-IST&G 0 0 0
------------ ------------ ------------
Total optional settlement 5,005 1 5,670
------------ ------------ ------------
Not
Due to unlocated certificate holders Applicable 164
------------ ------------ ------------
Total certificate reserves 224,409 1,192,026 161,406
============ ============ ============
Provision for certificate reserves and additional
credits, per Statement of Operations 168,134
Provision for reconversion applied against reserve recoveries from
terminations prior to maturity in Statement of Operations 0
Income (loss) from purchased and written call options included
in provision for certificate reserves in Statement of Operations 56,275
------------
224,409
============
Deductions
------------------------------------------
Credited
Cash to other
surrenders accounts
prior to (per
Maturities maturity part 2)
------------ ------------ ------------
Additional credits and accrued interest thereon:
Series 15 and 20 2.5 1 0 0
" 15A and 22A 3 102 19 53
" I-76 3.5 0 18 0
------------ ------------ ------------
Total 103 37 53
------------ ------------ ------------
Accrued for additional credits to be allowed
at next anniversaries 0 0 66
------------ ------------ ------------
Total paid-up 1,640 1,106 1,489
------------ ------------ ------------
Optional settlement certificates:
Series 1, IST&G 3 1 0 0
Other series and conversions from Single
Payment certificates 2.5-3-3-3.5 6,067 7,438 0
Series R-76 thru R-82A 3 42 18 0
Series R-II & RP-2-84 thru 88 3.5 76 20 0
Reserve Plus Single-Payment (note a) 58 264 0
Reserve Plus Flex-Pay & IC-Q-Inst (note a) 20 39 0
Series R-Installment (note a) 47 28 0
Series R-Single-Payment (note a) 18 18 0
Add'l credits and accrued int. thereon 2.5-3 993 939 360
Add'l credits and accrued int. thereon-IST&G 2.5-3 0 0 0
Accrued for additional credits to be allowed
at next anniversaries 16 0 1,721
Accrued for additional credits to be allowed
at next anniversaries-R-76 thru R-82A & R-II 1 1 8
Accrued for additional credits to be allowed
at next anniversaries-IST&G 0 0 0
------------ ------------ ------------
Total optional settlement 7,339 8,765 2,089
------------ ------------ ------------
Not
Due to unlocated certificate holders Applicable 10 88
------------ ------------ ------------
Total certificate reserves 157,300 1,579,254 161,382
============ ============ ============
Balance at close of period
------------------------------------------
Number
of
accounts Amount
with of Amount
security maturity of
holders value reserves
------------ ------------ ------------
Additional credits and accrued interest thereon:
Series 15 and 20 2.5 Not Not 3
" 15A and 22A 3 Applicable Applicable 151
" I-76 3.5 172
------------
Total 326
------------
Accrued for additional credits to be allowed
at next anniversaries 34
------------ ------------ ------------
Total paid-up 981 9,548 8,061
------------ ------------ ------------
Optional settlement certificates:
Series 1, IST&G 3 12 5
Other series and conversions from Single
Payment certificates 2.5-3-3-3.5 7,454 94,579
Series R-76 thru R-82A 3 32 131
Series R-II & RP-2-84 thru 88 3.5 19 388
Reserve Plus Single-Payment (note a) 124 1,219
Reserve Plus Flex-Pay & IC-Q-Inst (note a) 22 97
Series R-Installment (note a) 47 256
Series R-Single-Payment (note a) 31 38
Add'l credits and accrued int. thereon 2.5-3 Not Not 10,858
Add'l credits and accrued int. thereon-IST&G 2.5-3 Applicable Applicable 0
Accrued for additional credits to be allowed
at next anniversaries 801
Accrued for additional credits to be allowed
at next anniversaries-R-76 thru R-82A & R-II 3
Accrued for additional credits to be allowed
at next anniversaries-IST&G 0
------------ ------------
Total optional settlement 7,741 108,375
------------ ------------
Not
Due to unlocated certificate holders Applicable 357
------------
Total certificate reserves 3,404,883
============
Notes:
(a) On these series of certificates, there is no minimum rate of accrual of
interest. Interest is declared for a quarter or quarters by IDSC and
credited to the reserves maintained at the end of each calendar quarter.
(b) On these series of certificates, there is no minimum rate of accrual of
interest. Interest is declared for a quarter or quarters by IDSC and
credited to the reserves maintained or paid in cash at the end of each
calendar month.
(c) On these series of certificates, there is no minimum rate of accrual of
interest. Interest is declared by IDSC for the first four certificate
quarters, then annually thereafter, and credited to the reserves maintained
at the end of each certificate year.
(d) On this series of certificates, there is no minimum rate of accrual of
interest. Interest is declared for the term selected and credited to the
reserves maintained or paid in cash at the end of each certificate month.
(e) On this series of certificates, there is no minimum rate of accrual of
interest. Interest is declared by IDSC for a three-month term and credited
to the reserves maintained or paid in cash at the end of each certificate
month.
(f) On this series of certificates, there is no minimum rate of accrual of
interest. Interest is declared by IDSC for a four, five, six, seven, eight,
nine or ten year maturity and credited to the reserves maintained at
maturity.
(g) On this series of certificates, the certificate holder may elect to receive
minimum interest only or minimum interest plus participation interest.
Minimum interest is declared by IDSC for a twelve-month term and is
credited to the the reserves maintained at the end of each certificate
term. Participation interest is determined at the end of each certificate
term by multiplying the market participation rate in effect at the
beginning of the certificate term for each certificate times any total
percentage appreciation in a broad stock market indicator subject to
specified maximums. Participation interest is credited to the reserves
maintained at the end of each certificate term.
Part 2 - Description of Additions to Reserves Charged to Other
Accounts and Deductions from Reserves Credited to Other Accounts
Year ended December 31, 1998
($ in thousands)
Additions to reserves charged to other accounts
------------------------------------------------------------------------------------
Transfers of
maturities to
Reconversions extended
of paid-up maturities-
certificate charged to
charged Charged reserves to
to paid-up to mature, addi-
reserves and advance tional credits/
reserve for payments interest and
reconversions reserve advance payments Total
--------------------- ---------------- ------------------------- ----------
Reserves to mature installment
certificates:
Series 15, including extended
maturities 0 0 0 0
Series 20, including extended
maturities 0 1 8 9
Series 15A, including extended
maturities 0 1 0 1
Series 22A, including extended
maturities 165 159 324 648
Series I-76 7 19 0 26
Series Reserve Plus Flexible Payment 0 0 37 37
Series IC-Q-Installment 0 0 13 13
Series IC-Q-Ins 0 0 933 933
Series IC-Q-Ins Emp 0 0 6 6
Series IC-I 0 0 7,631 7,631
Series IC-I-Emp 0 0 61 61
Series Inst 0 0 118 118
Series Inst-Emp 0 0 1 1
Series RP-Q-Installment 0 0 49 49
Series RP-Q-Flexible Payment 0 0 3 3
Series RP-Q-Ins 0 0 33 33
Series RP-Q-Ins Emp 0 0 1 1
Series RP-I 0 0 102 102
Series RP-I Emp 0 0 0 0
-------------- ---------------- ------------------------- ----------
Total 172 180 9,320 9,672
============== ================ ========================= ==================
Part 2 - Description of Additions to Reserves Charged to Other
Accounts and Deductions from Reserves Credited to Other Accounts
Year ended December 31, 1998
($ in thousands)
Deductions from reserves credited to other accounts
-------------------------------------------------------------------------------------
Conversions
to optional Maturities
settlement transferred
Conversions certificates- to extended
to paid-up credited maturities-
certificates- to optional credited to
credited settlement reserves to
to paid-up reserves and mature-
surrender surrender extended
income income maturities Total
----------------- ------------------- ------------------ ----------------
0 0 0 0
0 39 8 47
0 0 0 0
974 894 324 2,192
290 0 0 290
0 0 0 0
0 0 0 0
0 48 0 48
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 9 0 9
0 0 0 0
0 12 0 12
0 0 0 0
0 0 0 0
0 0 0 0
- ----------------- ------------------- ------------------ ----------------
1,264 1,002 332 2,598
================= =================== ================== ================
Part 2 - Description of Additions to Reserves Charged to Other
Accounts and Deductions from Reserves Credited to Other Accounts
Year ended December 31, 1998
($ in thousands)
Additions to reserves charged to other accounts
----------------------------------------------------------------------------
Additions Additions to
to advance reserves to
Reconversions payments- mature-extended
of paid-up charged to maturities
Payments made in advance certificates- default charged to
of current certificate charged to interest reserves to
year requirements and paid-up on late mature from
accrued interest thereon: reserves payments maturity Total
--------------------- ----------------- ------------------------ ----------
Series 15, including extended
maturities 0 0 0 0
Series 20, including extended
maturities 0 0 0 0
Series 15A, including extended
maturities 0 0 0 0
Series 22A, including extended
maturities 5 0 12 17
Series I-76 0 1 0 1
Series Reserve Plus Flexible Payment 0 0 0 0
Series IC-Q Installment 0 0 0 0
Series IC-Q Ins 0 0 0 0
Series IC-Q Ins Emp 0 0 0 0
Series IC-I 0 0 0 0
Series IC-I Emp 0 0 0 0
Series RP-Q Installment 0 0 0 0
Series RP-Q Flexible Payment 0 0 0 0
Series RP-Q Ins 0 0 0 0
Series RP-Q Ins Emp 0 0 0 0
Series RP-I 0 0 0 0
Series RP-I Emp 0 0 0 0
----------------- ----------------- ------------------------ ----------
Total 5 1 12 18
================= ================= ======================== ==========
Part 2 - Description of Additions to Reserves Charged to Other
Accounts and Deductions from Reserves Credited to Other Accounts
Year ended December 31, 1998
($ in thousands)
Deductions from reserves credited to other accounts
-------------------------------------------------------------------------------------------------------
Maturities
Conversions transferred
Applied to to optional to extended
certificates- settlement maturities- Conversions
credited to certificates- credited to to paid-up
reserves to credited reserves certificates-
mature, to optional to mature- credited to
loading settlement extended paid-up
and insurance reserves maturities reserves Total
-------------------- --------------------- ------------------ -------------------- ---------
0 0 0 0 0
1 1 0 0 2
1 0 0 0 1
159 41 12 1 213
19 0 0 0 19
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
-------------------- --------------------- ------------------ -------------------- ---------
180 42 12 1 235
==================== ===================== ================== ==================== =========
Certificate Reserves
($ in thousands)
Part 2 - Descriptions of Additions to Reserves Charged to Other
Accounts and Deductions from Reserves Credited to Other Accounts
Additional credits on installment certificates and
accrued interest thereon:
Other additions represent:
Transfers from accruals for additional credits to be allowed at next anniversaries $ 281
Reconversions of paid-up certificates-charged to paid-up reserves 32
Transfers from maturities to extended maturities 66
----------
$ 379
==========
Other deductions represent:
Transfers to reserves on a quarterly basis for Reserve Plus Flexible-
Payment, IC-Q-Installment and R-Flexible-Payment $ 8,993
Conversions to optional settlement certificates-credited to optional
settlement reserves 225
Conversions to paid-up certificates-credited to paid-up reserves 276
Transfers to extended maturities at maturity 66
----------
$ 9,560
==========
Accrual for additional credits to be allowed on installment
certificates at next anniversaries:
Other deductions represent:
Transfers to reserves for additional credits on installment certificates $ 281
==========
Reserve for death and disability refund options:
Other deductions represent:
Payments, in excess of installment reserves, made to certificate holders
who exercised the death and disability refund options. $ 0
==========
Reserve for reconversions of paid-up certificates:
The amount shown as charged to profit and loss has been deducted from
reserve recoveries in the accompanying Statement of Operations $ 0
==========
Other deductions represent:
Amounts credited to installment certificate reserves to mature, on
reconversions of paid-up certificates. $ 0
==========
Paid-up certificates:
Other additions represent:
Conversions from installment certificates (charged to installment reserves
less surrender charges) $ 1,545
Transfers from accrual for additional credits to be allowed at next
anniversaries 66
----------
$ 1,611
==========
Other deductions represent:
Transfers credited to installment reserves on reconversions to installment
certificates $ 209
Transfers for accrual for additional credits and accrued interest thereon 66
Transfers to settlement options 1,214
----------
$ 1,489
Certificate Reserves
($ in thousands)
Part 2 - Descriptions of Additions to Reserves Charged to Other
Accounts and Deductions from Reserves Credited to Other Accounts
Default interest on installment certificates:
Other additions represent:
Reconversions of paid-up certificates charged to paid-up reserves $ 0
==========
Other deductions represent:
Conversions to paid-up certificates - credited to paid-up reserves $ 5
Transfers to advance payments as late payments are credited to
certificates 1
----------
$ 6
==========
Optional settlement certificates:
Other additions represent:
Transfers from installment certificate reserves (less surrender charges),
single-payment and Series D certificate reserves upon election of
optional settlement privileges $ 2,743
Transfers from paid-up certificate reserves 1,214
Transfers from accruals for additional credits to be allowed at next
anniversaries 1,713
----------
$ 5,670
==========
Other deductions represent:
Transfers to reserve for additional credits and accrued interest thereon $ 1,721
Transfers to optional settlement reserves 368
----------
$ 2,089
==========
Single-Payment certificates:
Other additions represent:
Transfers from accruals for additional credits to be allowed at next
anniversaries $ 605
Transfers from accruals on a quarterly basis on:
Reserve Plus Single-Payment 281
Cash Reserve Single-Payment 7
Flexible Savings 32,199
Flexible Savings-Emp 819
Preferred Investors 4,445
Investors 38,873
Special Deposits 9,606
Cash Reserve 123
Cash Reserve-3mo 8,132
Future Value 1
Stock Market 30,686
Market Strategy 654
AEBI Stock Market 227
R82-B 87
Cash Reserve-RP 1
Cash Reserve-RP-3mo 1,062
Flexible Saving-RP 6,706
Flexible Savings-RP-Emp 290
Preferred Investors-RP 143
Stock Market-RP 5,983
Market Strategy-RP 141
Transfers from accruals at anniversaries maintained in a separate
reserve account. 2,821
----------
$ 143,892
==========
Certificate Reserves
($ in thousands)
Part 2 - Descriptions of Additions to Reserves Charged to Other
Accounts and Deductions from Reserves Credited to Other Accounts
Single-Payment certificates continued:
Other deductions represent:
Transfers to optional settlement reserves:
Single-Payment $ 1,882
R Single-Payment 10
Transfers to reserves for additional credits and accrued interest thereon 2,821
Transfers to a separate reserve account from the accrual account 605
Transfers to reserves on a quarterly basis:
Reserve Plus Single-Payment 281
Cash Reserve Single-Payment 7
Flexible Savings 32,199
Flexible Savings-Emp 819
Preferred Investors 4,451
Investors 38,873
Special Deposits 9,606
Cash Reserve 124
Cash Reserve-3mo 8,133
Stock Market 30,686
AEBI Stock Market 227
R82-B 87
Cash Reserve-RP 1
Cash Reserve-RP-3mo 1,062
Flexible Saving-RP 6,706
Flexible Savings-RP-Emp 289
Preferred Investors-RP 143
Stock Market-RP 5,984
Transfers to Federal tax withholding 40
----------
$ 145,036
==========
Due to unlocated certificate holders:
Other additions represent:
Amounts equivalent to payments due certificate holders who could
not be located $ 164
==========
Other deductions represent:
Payments to certificate holders credited to cash $ 88
==========
Part 3 - Information Regarding Installment Certificates
Classified by Age Groupings
($ in thousands)
Year ended December 31, 1998
Deductions from Reserves
---------------------------
Number of Cash
Accounts with Amount of Amount of Surrenders
Months Certificate Holders Maturity Value Reserves Prior to
Certificate Series Paid December 31, December 31, December 31, Maturity Other
------------ ----------------------------------------------------------------------------
1997 1998 1997 1998 1997 1998
--------- ------ ------- ------- ------ -------
20, including extended maturities 169-180 0 0 0 0 0 0 0 0
181-192 0 0 0 0 0 0 0 0
193-204 0 0 0 0 0 0 0 0
205-216 0 0 0 0 0 0 0 0
217-228 0 0 0 0 0 0 0 0
229-240 (a) 1 0 8 0 7 0 0 8
241-252 0 1 0 13 0 8 0 0
253-264 0 0 0 0 0 0 0 0
265-276 0 0 0 0 0 0 0 0
277-288 0 0 0 0 0 0 0 0
289-300 0 0 0 0 0 0 0 0
301-312 1 0 14 0 11 0 0 11
313-324 0 0 0 0 0 0 0 0
325-336 1 0 14 0 12 0 0 0
337-348 4 2 46 25 42 26 0 0
349-360 (a) 4 2 52 21 52 20 30 28
--------- ----- ------ ----- ------ ------ ------- ------
Total 11 5 134 59 24 54 30 47
--------- ----- ------ ------ ----- ------- ------- ------
15A, including extended maturities 97-108 0 0 0 0 0 0 0 0
109-120 0 0 17 0 10 0 0 0
121-132 1 0 0 0 0 10 0 0
133-144 0 1 0 0 0 0 0 0
145-156 0 0 0 0 0 0 0 0
157-168 0 0 0 0 0 0 0 0
169-180 (a) 0 0 0 0 0 0 0 0
181-192 0 0 0 0 0 0 0 0
193-204 0 0 0 0 0 0 0 0
205-216 1 0 7 0 6 0 0 0
217-228 1 1 10 11 9 6 0 0
229-240 1 1 5 17 5 10 0 0
241-252 1 0 9 0 8 0 5 0
--------- ----- ----- ------ ----- ------ ------- ------
Total 5 3 48 28 38 26 5 0
--------- ------ ---- ----- ----- ------- ------ ------
Part 3 - Information Regarding Installment Certificates
Classified by Age Groupings
($ in thousands)
Year ended December 31, 1998
Deductions from Reserves
-------------------------
Number of Cash
Accounts with Amount of Amount of Surrenders
Months Certificate Holders Maturity Value Reserves Prior to
Certificate Series Paid December 31, December 31, December 31, Maturity Other
------------ ---------------------------------------------------------------------------
1997 1998 1997 1998 1997 1998
-------- --------- ------- --------- --------- --------
22A, including extended maturities 61-72 1 0 19 0 3 0 0 0
73-84 0 1 0 19 0 4 0 0
85-96 1 0 13 0 3 0 0 6
97-108 1 1 19 13 6 4 0 0
109-120 1 0 15 0 5 0 0 0
121-132 3 1 75 15 29 6 0 0
133-144 1 3 19 75 8 31 0 0
145-156 4 1 94 19 45 8 0 0
157-168 0 4 0 94 0 50 0 0
169-180 1 0 19 0 11 0 0 0
181-192 2 1 131 19 84 11 0 0
193-204 8 3 270 103 182 71 0 97
205-216 10 5 266 148 195 109 0 27
217-228 13 11 266 304 212 240 0 0
229-240 19 13 345 263 295 223 28 49
241-252 17 14 542 253 498 232 14 20
253-264 (a) 91 16 1,954 594 1,680 581 148 836
265-276 114 21 3,347 685 1,999 415 96 176
277-288 118 104 2,916 3,008 1,852 1,907 71 95
289-300 118 101 2,869 2,533 1,946 1,706 95 41
301-312 107 115 2,296 2,807 1,640 2,015 23 153
313-324 103 96 1,916 2,049 1,444 1,546 35 51
325-336 82 95 1,569 1,773 1,248 1,412 21 21
337-348 80 76 1,130 1,494 950 1,253 44 27
349-360 68 69 1,062 1,000 940 884 40 84
361-372 30 62 468 932 436 868 66 30
373-384 27 28 341 416 334 408 32 253
-------- -------- -------- ---------- -------- --------- ---- -------
Total 1,020 841 21,961 18,616 16,045 13,984 713 1,966
-------- ----- -------- -------- --------- ---------- ---- ------
Part 3 - Information Regarding Installment Certificates
Classified by Age Groupings
($ in thousands)
Year ended December 31, 1998
Deductions from Reserves
-----------------------------
Number of Cash
Accounts with Amount of Amount of Surrenders
Months Certificate Holders Maturity Value Reserves Prior to
Certificate Series Paid December 31, December 31, December 31, Maturity Other
------------------------------------------------------------------------------------- ---------
1997 1998 1997 1998 1997 1998
----------- ------- ----------- -------- -------
I-76 61-72 1 1 62 62 6 7 0 0
73-84 0 0 0 0 0 0 0 0
85-96 0 0 0 0 0 0 0 0
97-108 0 0 0 0 0 0 0 0
109-120 0 1 0 12 0 3 0 0
121-132 1 0 46 0 11 0 11 0
133-144 2 1 68 37 17 10 0 0
145-156 3 1 52 31 15 9 0 0
157-168 2 3 55 52 18 17 10 0
169-180 3 1 86 25 30 9 0 20
181-192 31 2 793 43 313 16 0 19
193-204 89 23 2,359 624 991 267 81 32
205-216 107 72 2,706 1,790 1,225 812 319 46
217-228 110 88 2,519 2,233 1,227 1,092 83 46
229-240 148 97 3,069 2,153 1,610 1,129 258 0
241-252 127 117 2,962 2,328 1,676 1,308 406 73
253-264 71 101 1,630 2,334 971 1,414 213 18
265-276 0 60 0 1,350 0 861 27 0
---- ----- --------- ------ ------ ----- ------- -----------
Total 695 568 16,407 13,074 8,110 6,954 1,408 254
--------- -------- --------- -------- -------- ------- -------
Reserve Plus Flexible Payment 145-156 0 0 0 0 0 0 0 0
157-168 50 0 510 0 209 0 0 0
169-180 138 41 1,169 429 694 187 57 0
181-192 98 110 926 932 463 544 183 0
193-204 0 85 0 806 0 396 137 0
----------- -------- --------- ------ ------- ---- -------
Total 286 236 2,605 2,167 1,366 1,127 377 0
----------- ------ ----------- -------- ------- -------- -------
IC-Q-Installment 121-132 0 0 0 0 0 0 0 0
133-144 15 0 150 0 93 0 0 0
145-156 49 12 588 120 185 67 30 0
157-168 40 42 394 534 214 177 52 0
169-180 0 34 0 346 0 164 79 0
----------- --------- -------- ------- ------- -------- -------
Total 104 88 1,132 1,000 492 408 161 0
----------- --------- -------- -------- ------ --------- -------
Part 3 - Information Regarding Installment Certificates
Classified by Age Groupings7
($ in thousands)
Year ended December 31, 1998
Deductions from Reserves
------------------------------------
Number of Cash
Accounts with Amount of Amount of Surrenders
Months Certificate Holders Maturity Value Reserves Prior to
Certificate Series Paid December 31, December 31, December 31, Maturity Other
--------------------------------------------------------------------------------------------------------------
1997 1998 1997 1998 1997 1998
-------- -------- -------- --------- -------- ------------
IC-Q-Ins 37-48 0 0 0 0 0 0 0 0
49-60 1 0 12 0 6 0 0 0
61-72 1,450 1 18,833 12 8,872 7 0 0
73-84 2,495 751 31,597 9,366 13,737 4,132 5,748 0
85-96 1,620 1,487 19,313 17,909 8,652 7,794 7,536 0
97-108 1,499 1,104 16,776 12,973 7,701 5,870 3,799 0
109-120 1,618 1,003 19,301 11,317 8,717 5,189 2,894 0
121-132 48 98 472 1,240 149 588 1,980 48
133-144 17 40 179 408 73 130 42 0
145-156 0 14 0 119 0 58 17 0
-------- ---------------------------------------- --------------------------- -----------
Total 8,748 4,498 106,483 53,344 47,907 23,768 22,016 48
-------- ---------------------------------------- --------------------------- -----------
IC-Q-Ins Emp 49-60 0 0 0 0 0 0 0 0
61-72 9 0 96 0 61 0 0 0
73-84 10 4 126 30 64 19 47 0
85-96 7 7 63 78 45 48 23 0
97-108 5 6 45 57 11 44 6 0
109-120 8 5 181 45 26 14 2 0
121-132 0 2 0 35 0 7 7 0
-------- ---------------------------------------- --------------------------- -----------
Total 39 24 511 245 207 132 85 0
-------- ---------------------------------------- --------------------------- -----------
IC-I 1-12 4,757 5 89,119 99 7,336 9 0 0
13-24 10,813 3,898 193,840 71,494 28,085 11,472 1,583 0
25-36 13,109 9,013 233,170 159,367 54,541 35,951 4,663 0
37-48 11,764 10,741 213,507 185,076 64,318 57,299 10,541 0
49-60 9,583 9,633 165,479 172,242 63,685 63,221 11,135 0
61-72 5,207 7,823 88,208 131,773 40,039 59,111 11,199 0
73-84 0 2,945 0 45,645 0 21,278 20,646 0
-------- ---------------------------------------- --------------------------- -----------
Total 55,233 44,058 983,323 765,696 258,004 248,341 59,767 0
-------- ---------------------------------------- --------------------------- -----------
IC-I-Emp 1-12 39 0 456 0 50 0 0 0
13-24 69 26 1,869 295 221 60 17 0
25-36 94 55 1,422 997 324 248 33 0
37-48 71 64 953 709 394 278 114 0
49-60 53 58 892 802 419 397 57 0
61-72 34 44 550 675 305 359 72 0
73-84 0 19 0 285 0 188 167 0
-------- ---------------------------------------- --------------------------- -----------
Total 360 266 6,142 3,763 1,713 1,530 460 0
-------- ---------------------------------------- --------------------------- -----------
Part 3 - Information Regarding Installment Certificates
Classified by Age Groupings
($ in thousands)
Year ended December 31, 1998
Deductions from Reserves
-------------------------
Number of Cash
Months Accounts with Amount of Amount of Surrenders
Certificate Series Paid Certificate Holders Maturity Value Reserves Prior to
December 31, December 31, December 31, Maturity Other
-----------------------------------------------------------------------------------------------------------
1997 1998 1997 1998 1997 1998
----------- --------- ---------- -------- --------- -------------
Inst 1-12 3,134 3,774 66,052 66,052 1,807 3,012 174 0
13-24 0 2,316 0 0 0 4,177 458 0
----------- --------- ---------- --------- -------- ----------------- --------- ---------
3,134 6,090 66,052 66,052 1,807 7,189 632 0
----------- --------- ---------- --------- ------- ---------------- --------- ---------
Inst-Emp 1-12 17 20 255 255 6 21 3 0
13-24 0 7 0 0 0 10 3 0
----------- --------- --------- --------- ------- ----------------- -------- ---------
17 27 255 255 6 31 6 0
----------- --------- --------- --------- ------- ----------------- -------- ---------
R Flexible Payment 133-144 0 0 0 0 0 0 0 0
145-156 43 0 662 0 377 0 0 0
157-168 21 39 337 593 155 365 14 0
169-180 70 15 960 253 571 105 39 0
181-192 65 51 770 735 623 435 120 9
193-204 0 52 0 604 0 517 88 0
----------- ---------- -------- --------- ------- ---- ----------- ------- ---------
Total 199 157 2,729 2,185 1,726 1,422 261 9
----------- ---------- -------- --------- -------- ----------------- -------- ---------
RP-Q-Installment 121-132 0 0 0 0 0 0 0 0
133-144 10 0 133 0 53 0 0 0
145-156 8 9 103 126 41 52 3 0
157-168 0 7 0 79 0 38 4 0
----------- ----------- ------- --------- ------- ----------------- -------- ---------
Total 18 16 236 205 94 90 7 0
----------- ------------ ------ --------- ------- ----------------- -------- ---------
RP-Q-Ins 49-60 0 0 0 0 0 0 0 0
61-72 19 0 255 0 148 0 0 0
73-84 42 13 905 131 327 95 62 0
85-96 52 29 1,808 613 283 184 145 0
97-108 49 39 997 1,068 411 250 51 0
109-120 78 35 1,084 829 580 290 111 0
121-132 3 0 24 0 13 0 115 12
133-144 1 2 10 18 3 5 0 0
----------- ---------- -------- --------- -------- ----------------- -------- ---------
Total 244 118 5,083 2,659 1,765 824 484 12
----------- ---------- -------- --------- --------- ---------------- --------- --------
RP-Q-Ins Emp 49-60 0 0 0 0 0 0 0 0
61-72 2 0 78 0 0 0 0 0
73-84 1 1 6 18 10 0 0 0
85-96 0 1 0 6 4 10 1 0
97-108 0 0 0 0 0 5 0 0
----------- ---------- --------- --------- -------- ------------------ -------- ---------
Total 3 2 84 24 14 15 1 0
------------ -------- ----------- ------- ------------ ------------- ----------- --------
Part 3 - Information Regarding Installment Certificates
Classified by Age Groupings
($ in thousands)
Year ended December 31, 1998
Deductions from Reserves
-----------------------------
Number of Cash
Accounts with Amount of Amount of Surrenders
Months Certificate Holders Maturity Value Reserves Prior to
Certificate Series Paid December 31, December 31, December 31, Maturity Other
------------ -----------------------------------------------------------------------------------------------
1997 1998 1997 1998 1997 1998
--------- -------------------- --------------------- ---------
RP-I 1-12 39 0 1,738 0 120 0 0 0
13-24 54 32 1,763 1,652 289 218 11 0
25-36 90 46 2,452 1,479 605 387 16 0
37-48 83 63 2,710 1,806 782 546 206 0
49-60 84 58 2,574 1,574 1,076 441 452 0
61-72 62 60 1,426 1,709 559 923 287 0
73-84 0 40 0 979 0 331 281 0
--------- -------------------- --------------------- -------------------- --------
Total 412 299 12,663 9,199 3,431 2,846 1,253 0
--------- -------------------- --------------------- -------------------- --------
RP-I-Emp 1-12 0 0 0 0 0 0 0 0
13-24 1 0 600 0 1 0 0 0
25-36 1 0 6 0 2 0 1 0
37-48 0 0 0 0 0 0 0 0
49-60 1 0 576 0 6 0 6 0
--------- -------------------- --------------------- -------------------- --------
Total 3 0 1,182 0 9 0 7 0
--------- -------------------- --------------------- -------------------- --------
Inst-R 1-12 18 34 4,788 4,021 42 42 27 0
13-24 0 9 0 767 0 11 1 0
--------- -------------------- --------------------- -------------------- --------
Total 18 43 4,788 4,788 42 53 28 0
--------- -------------------- --------------------- -------------------- --------
Inst-R-E 1-12 0 3 0 28 0 1 0 0
--------- -------------------- --------------------- -------------------- --------
Total All Series 70,549 57,342 1,231,818 943,387 342,900 308,795 87,701 2,336
========= ==================== ===================== ==================== ========
(a) Includes accounts on which all payments necessary to mature have been made,
but additional time must elapse before the certificate maturity year is
completed. Also includes accounts for which maturity election has been
made, but no further payments have been received.
Part 4 - Amounts Periodically Credited to Certificate Holders' Accounts
to Accumulate the Maturity Amount of Installment Certificates.
Information as to (1) amounts periodically credited to each class of
security holders' accounts from installment payments and (2) such other
amounts periodically credited to accumulate the maturity amount of the
certificate (on a $1,000 face-amount certificate basis for the term of
the certificate), is filed in Part 4 of Schedule IX as part of Post-
effective Amendment No. 9 to Registration Statement No. 2-17681, Post
effective Amendment No. 1 to Registration Statement No. 2-23772 and
Post-effective Amendment No. 1 to Registration Statement No. 2-258081
and is incorporated herein by reference.
IDS CERTIFICATE COMPANY SCHEDULE VII
Valuation and Qualifying Accounts
Years ended December 31, 1998, 1997 and 1996
($ thousands)
Year ended December 31, 1998
- ----------------------------------------------------------------------------------------------------------------------
-----------------------
Additions
-----------------------
Reserves Balance Charged Balance
deducted from at to costs Deductions at
assets to beginning and from end
which they apply of period expenses Other reserves of period
- ------------------------------- --------------- ----------- ------- -------------- ---------------
Allowance for losses:
Securities $605 $0 $0 $605 (a) $0
Conventional first
mortgage loans 611 0 0 0 611
Year ended December 31, 1997
- ----------------------------------------------------------------------------------------------------------------------
-----------------------
Additions
-----------------------
Reserves Balance Charged Balance
deducted from at to costs Deductions at
assets to beginning and from end
which they apply of period expenses Other reserves of period
- ------------------------------- --------------- ----------- ------- -------------- ---------------
Allowance for losses:
Securities $715 $0 $0 $110 (a) $605
Conventional first
mortgage loans 611 0 0 0 611
Year ended December 31, 1996
- ----------------------------------------------------------------------------------------------------------------------
-----------------------
Additions
-----------------------
Reserves Balance Charged Balance
deducted from at to costs Deductions at
assets to beginning and from end
which they apply of period expenses Other reserves of period
- ------------------------------- --------------- ----------- ------- -------------- ---------------
Allowance for losses:
Securities $110 $605 $0 $0 $715
Conventional first
mortgage loans 611 0 0 0 611
Other assets 2,468 0 0 2,468 (b) 0
a) Applicable to reversal on securities sold.
b) Applicable to reversal on other assets sold.