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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 11-K
ANNUAL REPORT
Pursuant to Section 15 (d)
of the Securities Exchange Act of 1934
for the period ended September 3, 1999
TRUMP PLAZA HOTEL & CASINO SAVINGS PLAN
(Full title of the Plan)
TRUMP HOTELS AND CASINO RESORTS, INC.
(Name of Issuer of the securities held pursuant to the Plan)
1000 Boardwalk
Atlantic City, New Jersey 08401
(Address of principal executive office)
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TRUMP PLAZA HOTEL & CASINO SAVINGS PLAN
FINANCIAL STATEMENTS
AS OF SEPTEMBER 3, 1999 AND DECEMBER 31, 1998
TOGETHER WITH AUDITORS' REPORT
INDEX
Page
----------
REPORT OF INDEPENDENT PUBLIC ACCOUNTANTS 1
FINANCIAL STATEMENTS:
Statements of Net Assets Applicable to Participants' Equity as of September 3, 1999 and
December 31, 1998 2
Statement of Changes in Net Assets Applicable to Participants' Equity for the Period Ended 3
September 3, 1999
NOTES TO FINANCIAL STATEMENTS 4-8
SUPPLEMENTAL SCHEDULE:
I -- Item 27d - Schedule of Reportable Transactions for the Period Ended
September 3, 1999 9
REPORT OF INDEPENDENT PUBLIC ACCOUNTANTS
To the Benefits Committee of the
Trump Plaza Hotel & Casino Savings Plan:
We have audited the accompanying statements of net assets applicable to
participants' equity of the Trump Plaza Hotel & Casino Savings Plan (the "Plan")
as of September 3, 1999 and December 31, 1998, and the related statement of
changes in net assets applicable to participants' equity for the period from
January 1, 1999 through September 3, 1999. These financial statements and the
schedule referred to below are the responsibility of the Plan's management. Our
responsibility is to express an opinion on these financial statements and
schedule based on our audits.
We conducted our audits in accordance with generally accepted auditing
standards. Those standards require that we plan and perform the audit to obtain
reasonable assurance about whether the financial statements are free of material
misstatement. An audit includes examining, on a test basis, evidence supporting
the amounts and disclosures in the financial statements. An audit also includes
assessing the accounting principles used and significant estimates made by
management, as well as evaluating the overall financial statement presentation.
We believe that our audits provide a reasonable basis for our opinion.
In our opinion, the financial statements referred to above present fairly, in
all material respects, the net assets applicable to participants' equity of the
Plan as of September 3, 1999 and December 31, 1998, and the changes in its net
assets applicable to participants' equity for the period from January 1, 1999
through September 3, 1999, in conformity with generally accepted accounting
principles.
Our audits were performed for the purpose of forming an opinion on the basic
financial statements taken as a whole. The supplemental schedule of reportable
transactions is presented for the purpose of additional analysis and is not a
required part of the basic financial statements but is supplementary information
required by the Department of Labor's Rules and Regulations for Reporting and
Disclosure under the Employee Retirement Income Security Act of 1974. The fund
information in the statements of net assets applicable to participants' equity
and the statement of changes in net assets applicable to participants' equity is
presented for purposes of additional analysis rather than to present the net
assets applicable to participants' equity and the changes in net assets
applicable to participants' equity of each fund. The supplemental schedule and
fund information have been subjected to the auditing procedures applied in the
audits of the basic financial statements and, in our opinion, are fairly stated
in all material respects in relation to the basic financial statements taken as
a whole.
/s/ ARTHUR ANDERSEN LLP
Roseland, New Jersey
December 24, 1999
TRUMP PLAZA HOTEL & CASINO SAVINGS PLAN
STATEMENTS OF NET ASSETS APPLICABLE TO PARTICIPANTS' EQUITY
AS OF SEPTEMBER 3, 1999 AND DECEMBER 31, 1998
September 3, 1999 December 31, 1998
------------------ ------------------
ASSETS:
Investments at market value (Notes 1 and 3)-
The Chicago Trust Company Stated Principal Value
Investment Trust Fund $ - $ 7,031,086
SoGen International Fund - 1,095,700
Massachusetts Investors Trust Fund - 9,684,178
Oppenheimer Quest Value Fund - 2,616,935
Oppenheimer Quest Opportunity Value Fund - 3,922,014
Montag & Caldwell Growth Fund - 11,255,975
AIM Constellation Fund - 2,655,376
Templeton Foreign Fund - 2,906,921
Oppenheimer Quest Capital Value Fund - 5,766,660
Davis New York Venture Fund - 824,714
Franklin Small Cap Growth Fund - 613,748
Pimco Total Return Fund - -
Montag & Caldwell Balanced Fund - -
Vanguard Index 500 Fund - -
GAM International Fund - -
Trump Hotels & Casino Resorts, Inc. Common Stock - 826,132
Participants' Loans Receivable - 5,456,052
Other - 107,526
Contributions Receivable from Participants - 247,391
----------- -------------
NET ASSETS APPLICABLE TO PARTICIPANTS' EQUITY $ - $55,010,408
=========== =============
The accompanying notes to financial statements are an integral part of these
statements.
TRUMP PLAZA HOTEL & CASINO SAVINGS PLAN
STATEMENTS OF NET ASSETS APPLICABLE TO PARTICIPANTS' EQUITY
AS OF SEPTEMBER 3, 1999 AND DECEMBER 31, 1998
The Chicago Trust
Company Stated
Principal Value Massachusetts
Investment Trust So Gen Investors Trust
Fund International Fund Fund
------------------- -------------------- ------------------
NET ASSETS APPLICABLE TO PARTICIPANTS' EQUITY, beginning
of period $ 7,031,086 $ 1,095,700 $ 9,684,178
------------------- -------------------- ------------------
Contributions-
Participants 474,637 89,493 541,029
Plan Sponsor (net of forfeitures) 53,031 19,179 119,338
Participant Rollovers 11,839 467 3,688
------------------- -------------------- ------------------
Total contributions 539,507 109,139 664,055
Dividend income - - 69,853
Interest income - - 7
Realized/unrealized appreciation (depreciation)
of investments 302,477 112,003 209,344
Distributions to participants (836,117) (74,970) (425,887)
Loans issued to participants (366,728) (63,789) (477,036)
Loan principal repayments 352,273 49,981 337,202
Administrative expenses (27,358) (751) (4,213)
Interfund transfers (net) 1,232,574 (167,788) (1,056,286)
Transfers from (to) related plans 15,579 1,195 68,976
Merger into Trump Casino Services Savings Plan (8,243,293) (1,060,720) (9,070,193)
------------------- -------------------- ------------------
Decrease in net assets (7,031,086) (1,095,700) (9,684,178)
------------------- -------------------- ------------------
NET ASSETS APPLICABLE TO PARTICIPANTS' EQUITY, end of
period $ - $ - $ -
=================== ==================== ==================
The accompanying notes to financial statements are an integral part of this
statement.
Oppenheimer Montag &
Quest Caldwell
Oppenheimer Quest Opportunity Growth
Value Fund Value Fund Fund
----------------- --------------- --------------
NET ASSETS APPLICABLE TO PARTICIPANTS' EQUITY, beginning
of period $ 2,616,935 $ 3,922,014 $ 11,255,975
----------------- --------------- --------------
Contributions-
Participants 205,943 322,498 771,795
Plan Sponsor (net of forfeitures) 48,214 72,228 167,308
Participant Rollovers 2,122 4,000 4,032
------------------ --------------- --------------
Total contributions 256,279 398,726 943,135
Dividend income - - -
Interest income 3 - 62
Realized/unrealized appreciation (depreciation)
of investments 24,659 248,245 1,439,345
Distributions to participants (112,352) (152,095) (505,732)
Loans issued to participants (113,700) (200,067) (754,470)
Loan principal repayments 116,779 175,274 600,773
Administrative expenses (1,222) (2,480) (6,574)
Interfund transfers (net) (334,073) (426,447) 364,929
Transfers from (to) related plans 3,648 7,743 144,010
Merger into Trump Casino Services Savings Plan (2,456,956) (3,970,913) (13,481,453)
------------------ --------------- --------------
Decrease in net assets (2,616,935) (3,922,014) (11,255,975)
------------------ --------------- --------------
NET ASSETS APPLICABLE TO PARTICIPANTS' EQUITY, end of
period $ - $ - $ -
================== =============== ==============
Oppenheimer
Quest Davis
AIM Templeton Capital New York
Constellation Foreign Value Venture
Fund Fund Fund Fund
--------------- -------------- --------------- ---------------
NET ASSETS APPLICABLE TO PARTICIPANTS' EQUITY, beginning
of period $ 2,655,376 $ 2,906,921 $ 5,766,660 $ 824,714
--------------- -------------- --------------- --------------
Contributions-
Participants 189,274 222,837 324,239 107,212
Plan Sponsor (net of forfeitures) 40,826 49,974 74,108 24,766
Participant Rollovers 467 467 467 688
--------------- -------------- --------------- --------------
Total contributions 230,567 273,278 398,814 132,666
Dividend income - - - -
Interest income - (5) - 3
Realized/unrealized appreciation (depreciation)
of investments 205,348 784,309 (210,264) 113,224
Distributions to participants (96,183) (198,770) (231,193) (42,997)
Loans issued to participants (119,060) (215,529) (328,964) (46,007)
Loan principal repayments 122,281 156,514 223,868 50,553
Administrative expenses (1,424) (1,960) (3,232) (560)
Interfund transfers (net) (282,770) 53,804 (439,656) 245,308
Transfers from (to) related plans (195) 125 6,858 23,499
Merger into Trump Casino Services Savings Plan (2,713,940) (3,758,687) (5,182,891) (1,300,403)
--------------- -------------- --------------- --------------
Decrease in net assets (2,655,376) (2,906,921) (5,766,660) (824,714)
--------------- -------------- --------------- --------------
NET ASSETS APPLICABLE TO PARTICIPANTS' EQUITY, end of
period $ - $ - $ - $ -
=============== ============== =============== ==============
Montag &
Pimco Caldwell
Franklin Small Total Return Balanced Vanguard Index
Cap Growth Fund Fund Fund 500 Fund
--------------- ------------ ------------ --------------
NET ASSETS APPLICABLE TO PARTICIPANTS' EQUITY, beginning
of period $ 613,748 $ - $ - $ -
--------------- ------------ ------------ --------------
Contributions-
Participants 50,516 1,693 3,867 25,531
Plan Sponsor (net of forfeitures) 10,066 493 934 3,895
Participant Rollovers 344 - - -
--------------- ------------ ------------ --------------
Total contributions 60,926 2,186 4,801 29,426
Dividend income - 887 233 2,122
Interest income - - - -
Realized/unrealized appreciation (depreciation)
of investments 53,799 (1,963) 269 12,029
Distributions to participants (6,551) - (268) (22,354)
Loans issued to participants (20,023) - (329) (16,872)
Loan principal repayments 16,964 915 1,332 12,326
Administrative expenses (208) - (10) (160)
Interfund transfers (net) (99,963) 60,763 8,042 1,096,301
Transfers from (to) related plans 11,570 - - (90)
Merger into Trump Casino Services Savings Plan (630,262) (62,788) (14,070) (1,112,728)
--------------- ------------ ------------ --------------
Decrease in net assets (613,748) - - -
--------------- ------------ ------------ --------------
NET ASSETS APPLICABLE TO PARTICIPANTS' EQUITY, end of
period $ - $ - $ - $ -
=============== ============ ============ ==============
GAM Trump Hotels & Participants'
International Casino Resorts, Loans
Fund Inc. Common Stock Receivable
------------- ----------------- ----------------
NET ASSETS APPLICABLE TO PARTICIPANTS' EQUITY, beginning
of period $ - $ 826,132 $ 5,456,052
------------ ----------------- ----------------
Contributions-
Participants 1,572 84,783 -
Plan Sponsor (net of forfeitures) 151 16,574 -
Participant Rollovers - - -
------------ ----------------- ---------------
Total contributions 1,723 101,357 -
Dividend income - - -
Interest income - 37 -
Realized/unrealized appreciation (depreciation)
of investments (1,050) 247,776 -
Distributions to participants - (10,848) (146,281)
Loans issued to participants (1,508) (81,888) 2,805,965
Loan principal repayments 360 85,936 (1,975,409)
Administrative expenses (10) (251) -
Interfund transfers (net) 24,278 (177,775) -
Transfers from (to) related plans 106 1,698 33,813
Merger into Trump Casino Services Savings Plan (23,899) (992,174) (6,174,140)
------------ ----------------- ---------------
Decrease in net assets - (826,132) (5,456,052)
------------ ----------------- ---------------
NET ASSETS APPLICABLE TO PARTICIPANTS' EQUITY, end of
period $ - $ - $ -
============ ================= ==============
Other Total
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NET ASSETS APPLICABLE TO PARTICIPANTS' EQUITY, beginning
of period $ 354,917 $ 55,010,408
------------ ----------------
Contributions-
Participants (247,897) 3,169,022
Plan Sponsor (net of forfeitures) 23 701,108
Participant Rollovers - 28,581
------------ ----------------
Total contributions (247,874) 3,898,711
Dividend income - 73,095
Interest income 321,230 321,337
Realized/unrealized appreciation (depreciation)
of investments - 3,539,550
Distributions to participants 4,574 (2,858,024)
Loans issued to participants 5 -
Loan principal repayments (327,922) -
Administrative expenses (1,115) (51,528)
Interfund transfers (net) (101,241) -
Transfers from (to) related plans - 318,535
Merger into Trump Casino Services Savings Plan (2,574) (60,252,084)
------------ ----------------
Decrease in net assets (354,917) (55,010,408)
------------ ----------------
NET ASSETS APPLICABLE TO PARTICIPANTS' EQUITY, end of
period $ - $ -
============ ================
TRUMP PLAZA HOTEL & CASINO SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS
SEPTEMBER 3, 1999 AND DECEMBER 31, 1998
1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
------------------------------------------
Basis of Accounting
- -------------------
The accompanying financial statements of the Trump Plaza Hotel & Casino Savings
Plan (the "Plan") have been prepared on the accrual basis of accounting.
Plan Expenses
- -------------
Expenses related to the administration of the Plan have been paid by Trump Plaza
Associates (the "Plan Sponsor"). These costs represent trustee fees and
professional services and amounted to approximately $58,000 for the period ended
September 3, 1999.
Investments
- -----------
The investments included in the statements of net assets applicable to
participants' equity are stated at market value. Market value, which is
equivalent to current value, is the unit valuation of the security at the plan
year-end as determined by The Chicago Trust Company, the trustee of the Plan
(the "Trustee"). Accounting records are maintained on the accrual basis,
investment transactions are recorded on the trade date basis and gains and
losses are calculated based upon an aggregate participant cost that is
maintained on an average unit cost basis.
Use of Estimates
- ----------------
The preparation of financial statements in conformity with generally accepted
accounting principles requires management to make estimates and assumptions that
affect the reported amount of net assets and disclosure of contingent assets and
liabilities at the date of the financial statements and the reported amounts of
revenues and expenses during the reporting period. Actual results could differ
from those estimates.
2. PLAN DESCRIPTION
----------------
The following description of the Plan provides only general information.
Participants should refer to the Plan document for a more complete description
of the Plan's provisions.
General
- -------
The Plan is a 401(k) Savings Plan, which was established by the Plan Sponsor and
became effective on November 1, 1986. All full or part-time, non-union
employees become eligible for participation in the Plan on the enrollment date
immediately following the completion of 12 months of service and the attainment
of age 18.
The Plan is administered by a committee appointed by the Plan Sponsor (the "Plan
Administrator").
TRUMP PLAZA HOTEL & CASINO SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS
SEPTEMBER 3, 1999 AND DECEMBER 31, 1998
Contributions
- -------------
Participants
------------
Non-highly compensated participants, as defined, are eligible to voluntarily
contribute to the Plan up to 20% of their annual compensation, as defined.
Highly compensated participants, as defined, are eligible to voluntarily
contribute to the Plan up to 7% of their annual compensation, as defined. Tax
deferred contributions are subject to a limit by the Internal Revenue Code. The
1999 limit was $10,000 per participant. Contributions to the Plan are invested
by the Trustee, as designated by the participant, in increments of 5%.
Plan Sponsor
------------
The Plan Sponsor contributes to the Plan 50% of each participant's
contributions, not to exceed 3% of the participant's annual compensation, as
defined.
Participant Rollovers
---------------------
The Plan permits eligible participants, as defined, to rollover cash or other
property acceptable to the Plan Administrator from another qualified plan in
addition to qualified voluntary participant contributions.
Distributions to Participants
- -----------------------------
Each participant has a fully vested interest in the amount of his or her
contributions together with the allocable Plan earnings. Contributions from the
Plan Sponsor vest based on the vesting schedule described below. The full value
of the participant's vested interest in his or her account in the Plan will be
distributed upon termination of the participant's employment. The normal form
of payment is by lump sum; however, if a participant's vested benefit from all
contributions exceeds $5,000, a participant has the right to receive payment in
equal periodic monthly, quarterly, semi-annual or annual installments over a
period not to exceed ten years.
A participant may also withdraw all or part of his or her account upon
attainment of age 59-1/2 or financial hardship, as defined in the Plan.
Upon termination of employment prior to eligibility for retirement, a
participant is eligible to receive the vested balance in his or her account.
There were no payments due to participants who have requested to withdraw their
funds prior to September 3, 1999 or December 31, 1998.
Vesting
- -------
Voluntary contributions are fully vested at all times and are not subject to
forfeiture.
TRUMP PLAZA HOTEL & CASINO SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS
SEPTEMBER 3, 1999 AND DECEMBER 31, 1998
The Plan Sponsor's contributions vest based upon the participant's years of
continuous service as follows-
Years of Continuous Service Percentage Vested
--------------------------- -----------------
Less than two years 0%
Two years 25%
Three years 50%
Four years 75%
Five years or more 100%
Forfeitures
- -----------
The portion of a former participant's account which is not distributed because
of the vesting provision will reduce the amount of the Plan Sponsor's future
contributions. For the period ending September 3, 1999, $91,094 was used to
reduce Plan Sponsor contributions. As of September 3, 1999 and December 31,
1998, $37,688 and $87,415 were available to reduce future Plan Sponsor
contributions, respectively.
Loans
- -----
The Plan permits participants to borrow from their accounts at terms established
by the Plan Administrator. Participants may borrow up to the lesser of $50,000
or 50% of their vested account balance for specific reasons, as defined by the
Plan. Each loan is secured by the borrower's vested interest in the Plan and is
subject to other requirements, as defined. Interest on loans is charged at a
rate that is comparable to similar loans made by commercial lenders. Loan
repayment terms range up to five years (fifteen years if the loan was used to
purchase a primary residence). A small administrative fee is required to
process all loans.
3. INVESTMENTS
-----------
Participants can invest their funds in sixteen available investment vehicles as
described below-
Money Market Fund
- -----------------
The Chicago Trust Company Stated Principal Value Investment Trust Fund - A money
- ----------------------------------------------------------------------
market equivalent account. This fund invests in short-term high quality
financial instruments issued by insurance companies and banks.
Mutual Funds
- ------------
SoGen International Fund - A multi-asset global mutual fund. The investment
- ------------------------
objective and style of this fund is to provide long-term growth of capital by
investing primarily in common stocks of United States and foreign companies.
Massachusetts Investors Trust Fund - A growth and income mutual fund. The
- ----------------------------------
investment objective of this fund is to provide reasonable current income and
long-term growth of capital and income.
Oppenheimer Quest Value Fund - An equity mutual fund. The investment objective
- ----------------------------
of this fund is to seek capital appreciation by investing primarily in equity
securities believed to be under valued in relation to factors such as the
companies' assets, earnings or growth potential.
TRUMP PLAZA HOTEL & CASINO SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS
SEPTEMBER 3, 1999 AND DECEMBER 31, 1998
Oppenheimer Quest Opportunity Value Fund - An asset allocation mutual fund. The
- ----------------------------------------
investment objective and style of this fund is to seek long-term capital
appreciation by investing in stocks, bonds and cash equivalents.
Montag & Caldwell Growth Fund - An equity growth mutual fund. The investment
- -----------------------------
objective of this fund is to seek long-term capital appreciation consistent
primarily with investments in a combination of equity, convertible, fixed-income
and short-term securities.
AIM Constellation Fund - An aggressive equity mutual fund. The investment
- ----------------------
objective of this fund is to seek capital appreciation through investments in
common stocks, with emphasis on medium-sized and smaller emerging growth
companies.
Templeton Foreign Fund - Mutual fund investing in virtually any type of security
- ----------------------
in any country outside of the United States, in developed or emerging markets.
The fund's objective is long-term capital growth.
Oppenheimer Quest Capital Value Fund - An equity mutual fund. The investment
- ------------------------------------
objective of this fund is to seek capital appreciation by investing primarily in
equity securities believed to be undervalued in relation to factors such as the
companies' assets, earnings, or growth potential or cash flows. This fund also
may invest in high-yield, non investment grade bonds.
Davis New York Venture Fund - Mutual fund investing primarily in equity
- ---------------------------
securities of United States and foreign companies with the objective of capital
appreciation.
Franklin Small Cap Growth Fund - Mutual fund investing in equity securities of
- ------------------------------
companies with a market capitalization of less than $1 billion.
Pimco Total Return Fund - An asset allocation mutual fund. The investment
- ------------------------
objective of this fund is to seek total return consistent with the preservation
of capital by investing in stocks, bonds and cash equivalents.
Montag & Caldwell Balanced Fund - Mutual fund investing in various equity and
- -------------------------------
debt securities to achieve total return.
Vanguard Index 500 Fund - Mutual fund that seeks investment results that
- -----------------------
correspond with the price and yield performance of the Standard & Poors 500
Index.
GAM International Fund - An equity mutual fund. The investment objective is
- -----------------------
long-term capital appreciation primarily through investing in equity markets
worldwide, excluding that of the United States.
Common Stock
- ------------
Trump Hotels & Casino Resorts, Inc. ("THCR") Common Stock - This is the common
- ----------------------------------------------------------
stock of the holding company that owns Trump Plaza Hotel & Casino, Trump Taj
Mahal Hotel & Casino, Trump Marina Hotel & Casino and Trump Indiana, Inc.
TRUMP PLAZA HOTEL & CASINO SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS
SEPTEMBER 3, 1999 AND DECEMBER 31, 1998
4. TAX STATUS
----------
The Plan obtained its latest determination letter on August 18, 1994, which
covered all amendments through January 1, 1993, in which the Internal Revenue
Service stated that the Plan, as then designed, was in compliance with the
applicable requirements of the Internal Revenue Code. The Plan has been amended
since receiving the determination letter. However, the Plan Administrator
believes that the Plan is currently designed and being operated in compliance
with the applicable requirements of the Internal Revenue Code. Therefore, they
believe that the Plan was qualified and the related trust was tax-exempt as of
the financial statement date.
5. PLAN MERGER
-----------
Effective September 3, 1999, the Plan was merged into the Trump Casino Services
Savings Plan (the "TCS Plan"). The TCS Plan was renamed the Trump Savings Plan.
The transfer of assets is not expected to adversely affect the future payment of
benefits to the participants who are now members of the Plan.
While the Plan Sponsor has not expressed any intent to terminate the Plan, the
Plan Sponsor may do so at any time subject to the provisions of the Employee
Retirement Income Security Act of 1974. In the event of termination, each
participant is entitled to the value of his or her separate account.
6. RELATED PARTY TRANSACTIONS
--------------------------
Certain Plan investments are shares of a money market fund managed by The
Chicago Trust Company. The Chicago Trust Company is the Trustee as defined by
the Plan and, therefore, these transactions qualify as party-in-interest.
Certain Plan investments include shares of THCR common stock ("Common Stock")
and, therefore, these transactions qualify as party-in-interest. As of
September 3, 1999 and December 31, 1998, the Plan holds Common Stock with a
market value of $0 and $826,132, respectively. During the period ended
September 3, 1999, Common Stock was acquired at a cost of $1,787,750; and Common
Stock was sold with an original cost basis of $1,905,606.
The Plan Sponsor has sister companies that also sponsor similar Savings Plans.
Transactions between the Plan and plans sponsored by the sister companies are as
follows-
Transfers to the Trump Marina Hotel & Casino Savings Plan, net $ 111,948
Transfers to the Trump Taj Mahal Hotel & Casino Savings Plan, net 275,106
Transfers to the Trump Plaza Hotel & Casino Savings Plan, net 318,535
Transfers out of the Trump Casino Services Savings Plan, net (702,420)
Transfers out of the Trump Indiana Savings Plan, net (3,169)
----------
Net Related Plan Transfers $ -
==========
SCHEDULE I
TRUMP PLAZA HOTEL & CASINO SAVINGS PLAN
ITEM 27D - SCHEDULE OF REPORTABLE TRANSACTIONS
FOR THE PERIOD ENDED SEPTEMBER 3, 1999 (A)
EMPLOYER IDENTIFICATION #22-2449800, PLAN NUMBER 001
(a) Identity of Party Involved (b) Description of Asset
- --------------------------------------------------------------------------- ------------------------------------------------------
The Chicago Trust Company Stated Principal Value Investment Trust Fund-
96 Purchases
145 Sales
MFS Funds Massachusetts Investors Trust Fund-
243 Purchases
358 Sales
Montag Montag & Caldwell Growth Fund-
281 Purchases
459 Sales
Templeton Funds, Inc. Templeton Foreign Fund-
205 Purchases
241 Sales
Trump Hotels & Casino Resorts, Inc. Trump Hotels & Casino Resorts, Inc. Common Stock -
186 Purchases
161 Sales
The Chicago Trust Company Loan Fund-
128 Purchases
172 Sales
(h) Current Value (i) Net Gain
(c) Purchase (d) Selling (g) Cost of of Asset on (Loss)
(a) Identity of Party Involved Price Price Asset Transaction Date
- --------------------------------------- --------------- --------------- -------------- ----------------- -------------
The Chicago Trust Company
$ 5,518,841 N/A $ 5,518,841 $ 5,518,841 N/A
N/A $ 4,609,111 4,471,410 4,609,111 $ 137,701
MFS Funds
1,941,513 N/A 1,941,513 1,941,513 N/A
N/A 2,773,307 2,419,031 2,773,307 354,276
Montag
3,789,369 N/A 3,789,369 3,789,369 N/A
N/A 3,003,236 2,482,027 3,003,236 521,209
Templeton Funds, Inc.
1,705,809 N/A 1,705,809 1,705,809 N/A
N/A 1,638,352 1,631,472 1,638,352 6,880
Trump Hotels & Casino Resorts, Inc.
1,787,750 N/A 1,787,750 1,787,750 N/A
N/A 1,869,159 1,905,606 1,869,159 (36,447)
The Chicago Trust Company
2,885,662 N/A 2,885,662 2,885,662 N/A
N/A 2,167,574 2,167,574 2,167,574 -
(A) Reportable transactions are those purchases and sales of the same security
which, individually or in the aggregate, exceed 5% of Plan assets at January 1,
1999.
Note: In addition to the above purchases and sales, on September 3, 1999 all of
the assets of the Plan were transferred to the Trump Casino Services Savings
Plan as a result of the merger of the two plans.
The accompanying notes to financial statements are an integral part of this
schedule.