Epstein Secrets

5.737 151.512,480 123517506 114.600,920 146,692,053 122,884,255 111404,333 132261188 121,231375 EXCLUDES DESCENDANT'S TRUSTS EFTA00295588 LEON & BLACK PROJECTED CASH FLOW FY2015 FY 201$ FY2015 FY2015 FY2015 FY2015 FY2015 FY2015 FY2015 FY2015 FY2015 FY2015 FY2015 FY2015 ACTUAL JAN- JU

HING COSTS EFTA00295586 SUMMARY OF CASH FLOW - BLACK FAMILY ACTUAL JAN+MAY AND PROJECTED JUN - DEC A

208 139,135,273 204,909,700 NET DISTRIBUTION FROM GRATS 153,308,781 - (153,308,781) INFLOWS - INVESTMENTS TIMBER 15,533,493 15,533,493 101 WARREN ST 4,061,810 4,061,810 AZ PROPERTY 1,410,497 1,410,497 K-12 INC 1,524,867 1,524,867 LOAN CASCADE - PARTIAL WITHDRAWL 10,000,000 10,000,000 K

SUMMARY OF CASH FLOW - BLACK FAMILY BAL 2014 AND FY 2015 LDB LBF HOLDINGS

14 1/24/2015 3/3/2015 4/24/2015 6/3/2014 7/24/2015 9/3/2014 10/24/2015 12/3/2015 HERITAGE FY 2014 INFLOWS - INVESTMENTS TIMBER ART SALE WARREN ST DIVIDENDS QUADRANGLE DISTRIB APO 1 INTEREST INTERFAMILY TOTAL INFLOWS OUTFLOWS - INVESTMENT FCI CAPITAL CALL COF III CONINVEST III CAPITAL CA

HING COSTS EFTA00708554 SUMMARY OF CASH FLOW - BLACK FAMILY ACTUAL JAN+MAY AND PROJECTED JUN - DEC A

208 139,135,273 204,909,700 NET DISTRIBUTION FROM GRATS 153,308,781 - (153,308,781) INFLOWS - INVESTMENTS TIMBER 15,533,493 15,533,493 101 WARREN ST 4,061,810 4,061,810 AZ PROPERTY 1,410,497 1,410,497 K-12 INC 1,524,867 1,524,867 LOAN CASCADE - PARTIAL WITHDRAWL 10,000,000 10,000,000 K

SUMMARY OF CASH FLOW • BLACK FAMILY LBF HOLDINGS 12/20/2014 to 12/31/2015 L

2,242 DISTRIBUTIONS FROM SFP 1/1/2015 1,278,152 (15,973494) 2,004,640 INFLOWS - INVESTMENTS TIMBER Per EA 15.704.910 ART SALE Per HG WARREN ST 4,052.563 DIVIDENDS 482.900 S79,200 LOAN CASCADE PARTIAL WITHDRAWAL 10,000.000 ; HERITAGE 504.887: KNOWLEDGE UNIVERSE • LIQUIDATION 111 Per E

SUMMARY OF CASH FLOW - BLACK FAMILY 12/15/2014 to 12/31/2015 PREPARED BY 811

10124/2015 12/3/2015 GRAT ANNUITIES IAPO DISTR TO RIP IP TO GRAT) DISTRIBUTIONS FROM CUP INFLOWS INVESTMENTS TIMBER Per EA ART SALE Per HG WARREN ST DIVIDENDS LOAN CASCADE PARTIAL WITHDRAWAL HERITAGE KINOWLECGE UNIVERSE LIQUIDATION MI Per EA KINOWLECGE UNIVERSE - LIQUIDATION 42 DUNE REAL EST

DETAIL LEON & DEBRA BLACK PROJECTED CASH FLOW FY 2015 FY 2015 FY 2015

11/7/2014 FY2015 DEC FY 2015 TOTAL BFP DISTRIBUTIONS 3,137,447 6,902,384 4,408.339 4,887,567 4,887,567 4,887,567 29,110,871 SALE - 101 WARREN ST 4,061,810 4,061,810 DISTRIB (LP) - BLUE STAR 5,997 5,997 DISTRIB (LP) - M RELATED 45.500 45,500 45,500 45,500 182,000 MISC INFLOWS 260

SUMMARY OF CASH FLOW - BLACK FAMILY 12/15/2014 to 12/31/2015 PREPARED OW RI

UP 1/1/2015 1,278,152 115,973,494) 2,004,640 1.145.060 11845,642 INFLOWS • INVESTMENTS TIMBER Per EA ART SALE Mr NG 1.377.500 1,322,500 WARREN ST 4.052.563 4,052,563 OMDENDS 482.900 579,200 1,062,100 LOAN CASCADE PARTIAL WITHDRAWAL 10.000.000 10,000000 HERITAGE 504.47 504.187 KNOWL