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American Western Life
Insurance Company in Liquidation |
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Balance Sheet |
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December 31, 2007 |
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Date of Liquidation - August 28, 1997 |
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Balances as of |
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Net Change |
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August 28, 1997 |
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December 31, 2007 |
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Increase (Decrease) |
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Assets |
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Invested Assests |
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Bonds |
$1,851,849 |
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$0 |
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($1,851,849) |
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Real Estate |
585,603 |
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0 |
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(585,603) |
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Cash |
402,607 |
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916,196 |
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513,589 |
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Short Term Investments |
5,101 |
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0 |
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(5,101) |
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Total Invested Assets |
2,845,160 |
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916,196 |
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(1,928,964) |
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Other Assets |
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Other Assets |
30,664 |
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0 |
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(30,664) |
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Furniture, Fixtures, Equip |
753,930 |
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1,500 |
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(752,430) |
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Total Other Assets |
784,594 |
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1,500 |
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(783,094) |
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Receivables |
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Premiums Receivable |
18,185 |
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0 |
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(18,185) |
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Investment Income Receivable |
26,844 |
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0 |
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(26,844) |
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Due From Reinsurers |
268,487 |
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0 |
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(268,487) |
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Miscellaneous Receivable |
348,704 |
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0 |
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(348,704) |
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Litigation Recoverable |
0 |
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0 |
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0 |
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Taxes Recoverable |
69,942 |
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0 |
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(69,942) |
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Total Receivables |
732,162 |
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0 |
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(732,162) |
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Total Assets |
$4,361,916 |
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$917,696 |
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($3,444,220) |
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Liabilities & Capital |
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Liabilites |
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Reserves |
$4,788,728 |
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$0 |
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($4,788,728) |
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Deposits |
60,739 |
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0 |
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(60,739) |
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Accounts Payable - POC's |
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642,267 |
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642,267 |
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Taxes Payable |
(3,866) |
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0 |
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3,866 |
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Accounts Payable |
164,491 |
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0 |
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(164,491) |
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Asset Valuation Reserve |
44,131 |
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0 |
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(44,131) |
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Payable to Guaranty Assoc |
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3,214 |
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3,214 |
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Other Liabilities |
150 |
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125,000 |
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124,850 |
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Unclaimed Property |
55,451 |
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117 |
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(55,334) |
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Total Liabilities |
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