Focus Report Sec Form X 17a 5 (Page 8 of 15) in pdf

FINANCIAL AND OPERATIONAL COMBINED UNIFORM SINGLE REPORT

PART II

BROKER OR DEALER

as of _____________________

COMPUTATION OF BASIC NET CAPITAL REQUIREMENT

Part A

11. Minimum net capital required (6

% of line 19) ................................................................................................................................... $

3756

12. Minimum dollar net capital requirement of reporting broker or dealer and minimum net capital requirement

of subsidiaries computed in accordance with Note (A) ....................................................................................................................... $

3758

13. Net capital requirement (greater of line 11 or 12) ................................................................................................................................ $

3760

14. Excess net capital (line 10 less 13) ..................................................................................................................................................... $

3770

15. Excess net capital at 1000% (line 10 less 10% of line 19) ..................................................................................................................

3780

COMPUTATION OF AGGREGATE INDEBTEDNESS

16. Total A.I. liabilities from Statement of Financial Condition .................................................................................................................... $

3790

17. Add:

A. Drafts for immediate credit ..................................................................................................... $

3800

B. Market value of securities borrowed for which no equivilent value

is paid or credited ................................................................................................................... $

3810

C. Other unrecorded amounts (List) ............................................................................................ $

3820 $

3830

18. Deduct: Adjustment based on deposits in Special Reserve Bank Accounts (15c3-1(c)(1)(vii)) ........................................................... $

3838

19. Total aggregate indebtedness .............................................................................................................................................................. $

3840

20. Percentage of aggregate indebtedness to net capital (line 19 ÷ by lne 10) ......................................................................................... %

3850

21. Percentage of aggregate indebtedness to net capital after anticipated capital withdrawals

(line 19 ÷ by line 10 less Item 4880 page 25) ................................................................................................................................... %

3853

COMPUTATION OF ALTERNATE NET CAPITAL REQUIREMENT

Part B

22. 2% of combined aggregate debt items as shown in Formula for Reserve Requirements pursuant to Rule 15c3-3

prepared as of date of the net capital computation including both brokers or dealers and consolidated subsidiaries’ debits ...............

3870

23. Minimum dollar net capital requirement of reporting broker or dealer and minimum net capital requirement of

subsidiaries computed in accordance with Note (A) ............................................................................................................................ $

3880

24. Net capital requirement (greater of line 22 or 23) ................................................................................................................................ $

3760

25. Excess net capital (line 10 less 24) ..................................................................................................................................................... $

3910

26. Percentage of Net Capital to Aggregate Debits (line 10 ÷ by line17 page 8) ....................................................................................... %

3851

27. Percentage of Net Capital, after anticipated capital withdrawals, to Aggregate Debits

(line 10 less item 4880 page 11 ÷ by line 17 page 8) ........................................................................................................................ %

3854

28. Net capital in excess of the greater of:

A. 5% of combines aggregate debit items or $120,000 .................................................................................................................... $

3920

OTHER RATIOS

Part C

29. Percentage of debt to debt-equity total computed in accordance with Rule 15c3-1(d) ........................................................................ %

3860

30. Options deductions/Net Capital ratio (1000% test) total deductions exclusive of liquidating equity under

Rule 15c3-1(a)(6), (a)(7) and (c)(2)(x) ÷ Net Capital ........................................................................................................................ %

3852

NOTES:

(A) The minimum net capital requirement should be computed by adding the minimum dollar net capital requirement of the reporting broker dealer and, for each

subsidiary to be consolidated, the greater of:

1. Minimum dollar net capital requirement , or

2. 6

% of aggregate indebtedness or 2% of aggregate debits if alternative method is used.

(B) Do not deduct the value of securities borrowed under subordination agrements or secured demand notes covered by subordination agrements not in satisfactory form

and the market values of memberships in exchanges contributed for use of company (contra to item 1740) and partners’ securities which were included in non-allowable

assets.

(C) For reports filed pursuant to paragraph (d) of Rule 17a-5, respondent should provide a list of material non-allowable assets.

SEC 1695 (07-02) 13 of 28