Financial Statement for Compulsory Licenses
for Distribution of Digital Audio Recording Equipment and Media for Calendar
Year 2001 |
| Royalty fees deposited |
$3,703,469.97 |
| Interest income |
$156,173.86
|
| Gain on matured securities |
$21,526.28
|
| Transfers in |
$242,868.96
|
| Total |
$4,124,039.07
|
| |
|
| Less: |
| Licensing operating costs |
$26,197.95
|
| Refunds issued |
$67,283.75
|
| Cost of investments |
$1,295,192.50
|
| Cost of initial investments |
$106,500.41
|
| CARP Operating costs |
$49,464.17
|
| Distribution of fees |
$2,579,377.25
|
| Transfers out |
|
| Total |
$4,124,016.03
|
| |
|
| Balance as of September 30, 2002 |
$23.04 |
| Plus: Face amount of securities due |
$1,296,846.70
|
| |
|
| Audio Home Recording Act royalty fees for calendar
year 2001 available for distribution by the Library of Congress |
$1,296,869.74
|
$3,703,469.97
|
