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EXHIBIT 99.7
5600 MOWRY SCHOOL RD. CORP (FIRESIDE THRIFT)
11/13/97 PROFIT AND LOSS
JANUARY THROUGH OCTOBER 1997
OCT '97 TOTAL SEPT. '97
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Ordinary Income/Expense
Income
44-1050 - Rental Income 85,027.72 822,351.47
44-1051 - Rental Inc. Fireside Sub-lease 8,242.00 82,420.00
44-1200 - HVAC Income 820.00 8,200.00
44-1250 - Late Charge Income 182.28 1,781.68
44-1300 - Other Income 1,018.99 17,492.06
44-1400 - Tenant Imp. Income 0.00 1,925.30
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Total Income 95,290.99 934,170.51 838,879.52
Expense
44-3095 - Legal Fees 4,482.50 4,482.50
44-3035 - Dues & Subscriptions 0.00 79.00
44-3185 - Telephone 0.00 513.30
44-3000 - Advertising/Signs 618.70 640.35
44-3005 - Bank Service Charge 0.00 102.88
44-3010 - Commissions 0.00 2,380.25
44-3020 - Consultant/Professional Fees 0.00 2,400.00
44-3030 - Depreciation 0.00 131,116.16
44-3040 - Garbage 1,315.88 7,225.00
44-3050 - Gas & Electricity 734.97 96,419.26
44-3060 - Insurance - Liability 0.00 15,835.18
44-3070 - Interest Exp/Finance Charges 0.00 6,186.54
44-3080 - Janitorial 2,795.06 31,450.60
44-3090 - Janitorial Supplies 2,120.49 12,860.00
44-3100 - Licenses & Permits 0.00 722.00
44-3110 - Loan Fees 0.00 3,640.00
44-3120 - Maintenance & Repairs
44-3132 - Carpet Cleaning 0.00 1,750.00
44-3121 - Electrical 0.00 741.01
44-3122 - Elevator/Phone 764.31 5,651.89
44-3123 - HVAC 2,717.00 8,276.86
44-3124 - Landscaping/Interior 0.00 384.83
44-3125 - Landscaping/Exterior 620.00 5,622.40
44-3126 - Lighting/Interior 247.68 6,642.67
44-3127 - Plumbing 67.50 567.34
44-3128 - Structural 0.00 500.00
44-3129 - Miscellaneous 450.50 781.28
44-3130 - Parking Lot 0.00 1,634.00
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Total 44-3120 - Maintenance & Repairs 4,866.99 32,552.28
44-3140 - Miscellaneous Expense 61.49 262.32
44-3150 - Pest Control 0.00 567.00
44-3160 - Property Taxes 0.00 104,356.67
44-3170 - Salaries & Wages - M&R 0.00 1,941.53
44-3180 - Security/Fire Alarm/Phone 265.61 1,361.38
44-3190 - Water 1,051.10 3,413.10
69-0000 - Uncategorized Expenses 0.00 0.00
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Total Expense 18,312.79 460,507.30 442,194.51
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Net Ordinary Income 76,978.20 473,663.21 396,685.01
Other Income/Expense
Other Income
94-2000 - Interest Expense 464.02 4,380.61
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Total Other Income 464.02 4,380.61
Other Expense
93-1000 - Interest Expense-Properties
93-1001 - Banc One 33,471.31 335,525.76
93-1000 - Interest Expense-Properties - ... 0.00 4,550.57
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Total 93-1000 - Interest Expense-Properties 33,471.31 340,076.33
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Total Other Expense 33,471.31 340,076.33
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