ML19261A117

NRC-2019-000288 - Resp 1 - Final, Agency Records Subject to the Request Are Enclosed (Spot Check SONGS 2 and 3 - 2008)

ML19261A117
Person / Time
Site:	Palo Verde, San Onofre
Issue date:	09/12/2019
From:	NRC/OCIO
To:
Shared Package
ML19261A098	List: ML19261A095 ML19261A096 ML19261A099 ML19261A100 ML19261A102 ML19261A103 ML19261A104 ML19261A105 ML19261A106 ML19261A107 ML19261A108 ML19261A109 ML19261A110 ML19261A111 ML19261A112 ML19261A113 ML19261A114 ML19261A117
References
FOIA, NRC-2019-000288
Download: ML19261A117 (48)

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, J SCE Nuclear Decommissioning Trust December 31, 2006 - Estimated Liquidation Value Calculation

% of D

% of Qualified Trust Cost Fund Market Value Fund

!Fixed Income 1,442,378,376.89 68.7% $

1.510,301 819.09 49.6%

BlackRock 276,523,894.26 281,850,455.22 Alliance Bernstein Fixe,d 366,953,881.16 373,612,877.63 PIMCO 319,214,468.19 327,152,413.50 STW 479,686,133.28 527,686,072.74 Cash 1u. s. Eguit~

528,475,028.80

.25.2% $

1,210,266184.54 39.8%

Deutsche Asset Mgmt Alliance Bernstein Equity 330,528,401.87 619,663,782.15 State Street (SSgA) 197,946,626.93 590,602,402.39 Cash llnternatlonai

!i 1.29,827 354.92 6.2% $

322,161,906.33 10.6%

PanAgora 129,827,354.92 322,161,906.33 Cash I Qualified Trust Total 2 100 680.760,61 100.0% $

3,042,129 909.Slt, }00.0%

Non-Qualified Trust lu.s. egult~

48,673,340.96 46,2% $

86,984,723.43 6M%

Deutsche Asset Mgmt 1,795,08 1,795.08 RCM 33,780,444.13 43,715,511.97 State Street (SSgA) 14,891, 101,75 43,267,416.38 Cash I Fixed Income 56 47 4 106.'23 53.7% s 57,621,867.84 39.8%

PIMCO 56,474,706.23 57,621,867.84 Cash lrntemationaf 101,410.87 0.1% 5 126,735.91 0.1%

Self-Directed (093-109)1

'10'1,410.87 126,735.91 Cash

!Total Non-Qualified Trust 105 249 468.06 100.0% $

144 '733 327, 18 100.0%

!Total Trust

$ 2,205,930,218.67

$ 3,187,463,237.14 Source: Trustee statements. *Market value adjusted for estimated deferred taxes on unrealized gains.

Capital Gains Tax Rat,es Qualified Federal State Combined Nonquallfied Federal State Combined 20.00%

8.84%

27.07%

36.00%

8.26%

40.37% *

• Note: Beginning in September 2004, we began using the new income tax rate of40.37% to calculate the Estimated Liquidation Value W:\\Pensions\\Palo Verde\\2006 Palo Verde TFC Report\\12.0SNquldation values ex BBB.xis 9/9/2008 p

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Liquidation Market value Liq Value*

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w/o uidation value fac.toc 1491;913584.82 { $ 1,490,232,805.~ $ 1 280,408,448.64 BBB and Below

,471,921,622.71 371,810,154.11 325,003,452.95 514,691,529.13 1,025,691,882.86 $1,210,266,184.54

$ 1,025,691,682.86 541,389,052,00 484,302,630.86 270 093.()96.57 $

322,161,906.33 $

270,093,096.57 270,093,096.57 I '..1, *

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- 2 787 698. 364.25

$3,022,660,896.07

$ 2,767,706,402. 14 0 9928 0.993404 7 1,51,8,427.90 f':rP.JD.J,3 1,795.08 39,704,727.57 31,811,905.26 57.158,758.98 57,158,758.98 118 51UO 116,512.20 128 793 699.09 4.4%

2,916,492,063.34

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SCE Nuclear Decommissioning Trust December 31, 2006

• Estimated Liquidation Value Calculation Qualified Trust Cost Market Value San Onofre 1 80,841,027.10 165,317,029.51 San Onofre 2 672,219,957.62 957,747,958.55 San Onofre 3 818,958,663.09 1,192,376,395.12 Total San Onofre 1,572,019,647.81 2,315,441,383.18 Palo Verde 1 170.370,918.92 234,690,759.73 Palo Verde 2 174,095,119.22 238,418,295.19 Palo Verde3 184,195,074.66 254,179,471.86 Total Palo Verde 528,661,112.80 727,28~.526. 78 Qualified Trust Total!

2,100,680,760.61 3,042.729,909.96 Non-Qualified Trus,t San Onofre 1 79,115,352.47 117,314,622.09 San Onofre 2 25.807, 150.97 27.043.411.80 San Onofre 3 269,671.20 308,904.00 Total San Onofre 105, 192.174.64 144,666,937.89 Palo Verde 1 28,045.41 32,508.28 Palo Verde 2 2.9,238.01 33,901.08 Palo Verde 3 Total Palo Verde 57,2-83.42 66,409.36 Nonquallfled Trust T'otal 105,249,458.06 144,733,347.25 Total Trust (Qualified & Non.Qualified}

San Onofre 1 159,956,379.57 282,631,651.60 San Onofre2 698,027,108.59 984,791,370.35 San Onofre3 819,228,334.29 1,192,685,299.12 Total San Onofre 1,677,211,822.45 2,460,108,321.07 Paio Verde i 1 rU.Jl:lts,\\lti4.jj

~:.14,l~j,~tlts.Ul Palo Verde 2 174,124,357.23 238,452.196.27 Palo Verde 3 184,195,074,66 254,179.471.86 Total Palo Verde 528,718,396,22 727,304,936.14 Total Trust 2,205,930,218.67 3,187,463,257.21 Source: Trustee statements. *Market value adjusted for estimated deferred taxes on unrealized gains.

Caeital Gains Tax Rates Qualified Federal 20.00%

State 8.84%

Combined 27.07%

Nonqualified Federal 35.00%

Stale 8.26%

Combined 40.37% *

'Note.' Beginning in S:eptember 2004, we began using the new income tax rate of 40. 37% to calculate the Estimate*d Liquidation Value W:IPenslons\\Palo ve,de\\20Cl6 Palo Verde TFC Repon\\12.06 liquldaiJon values ex BBB.xis.

9/9/2008 Liquidation Value*

142,447,686.14 880,449,818.14 1,091,284,746.70 2,114,182,250.98 217,278,092.43 221,004,724.99 235,233,295.85 673,516,113.27 2,787,698,364.25 96%

101,893,586.49 26,544,333.61 293,065.73 128,73.0,985.83 30,706.62 32,018.60 62,725.22 128,793,711.05 4%

244,341,272.63 906,994,151.75 1,091,577,812.43 2,242,913,236.82 l 1 /,"jlJIS, /\\1\\1.Ub 221.036,743.59 235,233,295.85 673,578,838.49 2,916,492,075.30 Liq Value Adjusted Mkl Value Adjusted for BBB and below for BBB and below 21 fi. 719,883.89 219.419,790.93 233,546,32 1.68 668,685,996.50 233,142,803.70 236,845, 753.3*5 252,502,973.62 722.491,530.67 deferred taxes 17,422,919.81 17,425,962.42 18,956,651.94 53,805,534.17

SCE Nuclear Decommissioning Trust December 31, 2006 - Estimated Liquidation Value Calculation Qualified Trust Cost Market Value San Onofre 1 80,841.027,10 165,317,029.51 San Onofre 2 672,219,957.62 957,747,958.55 San Onofre 3 818,958,663 09 1,192,376,395.12 Total San Onofre 1,572,019,647.81 2,315.441,383.18 Palo Verde 1 170,370,918.92 234,690,759.73 Palo Verde 2 174.095.11922 238.418,295.19 Palo Verde3 184,195,074.66 254,179,471.86 Total Palo Verde 528,661,112.80 727,288,526.78 Qualified Trust Tota!I 2,100,680,760.61 3,042,729,909.96 Non-Qualified Tru!rt San Onofre 1 79,115,352.47 117,314,622.09 San Onofre 2 25,807,150.97 27,043,411.80 San Onofre 3 269,671.20 308,904.00 Total San Onofre 105,192.174.64 144,666,937.89 Palo Verde 1 28,045.41 32,508.28 Palo Verde2 29,238.01 33,901.08 Palo Verde 3 Total Palo Verde 57,283.42 66,409.36 Nonqualified Trust Total 105,249,458.06 144,733,347.25 Total Trust {Qualifiied & Non-Qualified)

San Onofre 1 159,956,379.57 282,631,651.60 San Onofre 2 698,027,108.59 984,791,370.35 San Onofre 3 819,228,334.29 1,192,685,299.12 Total San Onofre 1,677,211,822.45 2,460,108,321.07 Palo Verde 1 170,:l9ll,9R4.:l'.'I

?'.'14,7?:\\?RR.01 Palo Verde 2 174.124,357.23 238,452.196.27 Palo Verde 3 184,195,074.66 254,179,471.86 Total Palo Verde 528,718,396.22 727,354,936.14 Total Trust 2,205,930,218.67 3,187,463,257.21 Source: Tnistee statements. *Market value adjusted for estimated deferred taxes on unre-alized gains.

Ca~ital Gains Tax Rates Qualified Federal 20.00%

State 8.84%

Combined 27.07%

Nonqualified Federal 35.00%

State 8.26%

Combined 40.37% *

"Note: Beginning in September 2004, we began using the new income tax. rate of 40.37% to calculate the Estimated Liquidaiion Value W:IPensionslPalo Verde\\2006 Palo Verde TFC Report\\12.06 Oquidation values ex BBB.xis 9/9/2006 liquidation Value*

142,447,686.14 880,449,818.14 1,091,284,746.70 2,114,182,250.98 217,278,092.43 221,004,724.99 235,233,295.85 673,516,113.27 673,578,838.49 2,916,492,075.30 Liq Value Mkt Value Adjusted Adjusted for BBB and below for BBB and below 215,719,883.89 233.142,803.70 219,419,790.93 236,845,753.35

~46,321.66::::::::,,.252,602,973.62 668,685,996.50 7~ 1~530.67 deferred taxes 17,422,919.81 F,425,962.42 18,956,651.94 53,805,534.17

BBB AAA AA A

19,784,374.88 20,069,013.89 19,991,962.11 1) 877415-9J6.89 59793091 81 14p41627.67 Total 1.482,219,260.26 1.35%

93.60%

4.03%

1.01%

100.00%

Step 1 Step 2 Step3 Step 4 Step 5 Liquirdation Value per 12/31/06 Spreadsheet Liquidation Value adjusted for BBB and below Calculation of "Factor" to exclude BBB and below (A)

Total! BBB and below Market Value (B)

Total! BBB and below Book Value (C)

Total! BBB and below Liquidation Value*

PALO VERDE UNIT 1 217,278,092.43 215,719,883.89 j 20,069,013.89 19,784,374.88 19,991,962.11 PALO VERDE UNIT 2 221,004,724.99 219,419,790.93 I PALO VERDE UNIT3 235,233,295.85 233,546,321.68 j PALO VERDE TOTAL 673,516.1 13.27 668,685,996.501

• uquidation Value is calculated by taking the difference between the market value and the book value multiplied by the capital gains tax rate (.2707) and subtracting the result from the Market Value (D)

(E)

(F)

(G)

(H)

(I)

The "Manager" Market Value for the Fixed Income portion of the Qualified Trust is reduced by (A) above The 1'Manager" Liquidation Value for the Fixed Income portion of the Qualified Trust is reduced by (C) above The Manager" Market Value for the US Equity and International portions of the Qualified Trust are added to (D) above The Factor is the result of dividing (D) above by (F)

The "Manager" Liquidation Value for the US Equity and International portions of the Qualified Trust are added to (E) above The "Factor" is the result of dividing (E) above by (H)

The adjusted liquidation value is determined by applying the factor (I) to the Liquidation Value of the Units

TRCSAE SAE F093082 SCE-SONGS 2-QUAL ASSETS INVESTMENTS:

MONTHLY 2006-12-31 CYCLE 2 STATEMENT OF NET ASSETS AVAILABLE FOR BENEFITS 31 DECEMBER 2006 COST 672,219,957.62 UNREALIZED APPRECIATION-INVEST 285,528,000.93 957,747,958.55 TOTAL ASSETS 957.747,958.55 LIABILITIES TOTAL LIABILITIES 0.00 NET ASSETS 957,747,958.55 11:02:47 RUN DATE: 24-JAN~07 PAGE:

1 NA100

TRCSAE SAE F093083 SCE-SONGS 3-QUAL ASSETS INVESTMENTS:

MONTHLY 2006-12-31 CYCLE 2 STATEMENT OF NET ASSETS AVAILABLE FOR BENEFITS 31 DECEMBER 2006 COST 818,958,663.0~1 UNREALIZED APPRECIATION-INVEST 373,417,732.03 11,192,376.395.12 TOTAL ASSETS 1,192,376.395.12 LIABILITIES TOTAL LIABILITIES 0.00 NET ASSETS 1,192,376,395.12 11 :02:47 RUN DATE: 24-JAN-07 PAGE:

1 NA100

TRCSAE MONTHLY 2006-12-31 CYCLE 2 SAE F093093 SCE-SONGS 1-NQ STATEMENT OF NET ASSETS AVAILABLE FOR BENEFITS 31 DECEMBER 2006 ASSETS INVESTMENTS:

COST 79,115,352.47 UNREALIZED APPRECIATION-INVEST 38,199,269.62 117,314,622.09 TOTAL ASSETS 1

314,622.09 LIABILITIES TOTAL LIABILITIES 0.00 NET ASSETS 117,314,622.09 11:02:47 RUN DATE: 24-JAN-07 PAGE:

1 NA100

TRCSAE SAE F093094 SCE-SONGS 2-NQ ASSETS INVESTMENTS:

MONTHLY 2006-12-31 CYCLE 2 STATEMENT OF NET ASSETS AVAILABLE FOR BENEFITS 31 DECEMBER 2006 COST 25,807,150.97 UNREALIZED APPRECIATION-INVEST 1,236,260.83 27,043,411.80 TOTAL ASSETS 27,043,411.80 LIABILITIES TOTAL LIABILITIES 0.00 NET ASSETS 27,043,411.80 11:02:47 RUN DATE: 24-JAN-07 PAGE:

1 NA100

TRCSAE SAE F093095 SCE-SONGS 3-NQ ASSETS INVESTMENTS:

MONTHLY 2006-12-31 CYCLE 2 STATEMENT OF NET ASSETS AVAILABLE FOR BENEFITS 31 DECEMIBER 2006 COST 269,671.20 UNREALIZED APPRECIATION-INVEST 39,232.80 308,904.00 TOTAL ASSETS 308,904.00 LIABILITIES TOTAL LIABILITIES 0.00 NET ASSETS 308,904.00 11 :02:47 RUN DATE: 24-JAN-07 PAGE:

1 NA100

TRCSAE MONTHLY 2006-12-31 CYCLE 2 STATEMENT OF NET ASSETS AVAILABLE FOR BENEFITS SAE F093084 31 DECEMBER 2006 SCE-PALO VERDE 1-QUAL ASSETS INVESTMENTS:

COST 170,370,918.92'.

UNREALIZED APPRECIATION-INVEST 64,319,840.81 234,690,759.73 TOTAL ASSETS 234,690,759.73 LIABILITIES TOTAL LIABILITIES 0.00 NET ASSETS 234,690,759.73 11:02:47 RUN DATE: 24-JAN-07 PAGE:

1 NA100

TRCSAE MONTHLY 2006-12-31 CYCLE 2 STATEMENT OF NET ASSETS AVAILABLE FOR BENEFITS SAE F093085 31 DECEMBER 2006 SCE-PALO VERDE..2-QUAL ASSETS INVESTMENTS:

COST 174,095,119.22'.

UNREALIZED APPRECIATION-INVEST 64,323,175.97 238,418,295.19 TOTAL ASSETS 238,418,295.19 LIABILITIES TOTAL LIABILITIES 0.00 NET ASSETS 238,418,295.19 11:02:47 RUN DATE: 24-JAN-07 PAGE:

1 NA100

TRCSAE MONTHLY 2006-12-31 CYCLE 2 STATEMENT OF NET ASSETS AVAILABLE FOR BENEFITS SAE F093086 31 DECEMBER 2006 SCE-PALO VERDE 3-QUAL ASSETS INVESTMENTS:

COST 184,195,074.66 UNREALIZED APPRECIATION-INVEST 69,984,397.20

254.179,471.86 TOTAL ASSETS 254.179,471.86 LIABILITIES TOTAL LIABILITIES 0.00 NET ASSETS 254, 179,471.86 11:02:47 RUN DATE: 24-JAN-07 PAGE:

1 NA100

TRCSAE MONTHLY 2006-12-31 CYCLE 2 STATEMENT OF NET ASSElrS AVAILABLE FOR BENEFITS SAE F093096 31 DECEMBER 2006 SCE-c.PALO VERDE_.1-NQ ASSETS INVESTMENTS:

COST 28,045.41 UNREALIZED APPRECIATION-INVEST TOTAL ASSETS LIABILITIES TOTAL LIABILITIES NET ASSETS 4,462.87 32.508.28 32,508.28 0.00 32,508.. 28 11:02:47 RUN DATE: 24-JAN-07 PAGE:

1 NA100

TRCSAE MONTHLY 2006-12-31 CYCLE 2 STATEMENT OF NET ASSETS AVAILABLE FOR BENEFITS SAE F093097 31 DECEMBER 2006 SCE-PALO VERDE 2-NQ ASSETS INVESTMENTS:

COST 29,238.01 UNREALIZED APPRECIATION-INVEST TOTAL ASSETS LIABILITIES TOTAL LIABILITIES NET ASSETS 4,663.07 33,901.08 33,901.08 0.00 33,901.08 11:02:47 RUN DATE: 24-JAN-07 PAGE:

1 NA100

~~t:U\\Nt\\, N.I\\..

FACX VALU~

OR

>IO. OF Slt\\R'ES RATE TAX COST WTO UN'JT VALOB PR[C8 V>JAJR lNCOMB

!!ST. ANNlfAL ACCROJ!D OOOOP't'l2310609276l.ARCCF012 00001?'!'12J10609276l.ARCCF012 OOOOPT123106092761ARCCF012

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~-~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ OOOOPTl23106092761A.RCCF0l2

~ -

0 0 c..

E a.

~

COJ,LEC'r'IVE TRUST FIJHDS 53,636,999.844 SEMPRA NXYJ'- t<X)N-OUAL[PIEO MT l.lNI~

53,636,999.899 S3, 63 6, 999. 84.4 T01'AL COLLBC'rlVlll T RUS'I' PIJ.l\\lOS

~ Sl, 636,999.844

=

ex,

a.

II) en

=

r-Ln CASH

~3,636,999.844 TO'l'AL FUND SHTTLBD TAX COS')'

g:i Ml\\RKE'r PRlCBS' A.ND CNCCME ARE FROM SOURCBS WE

~

BELIEVE 1\\RB RB~JABLE Bll'J' ARE NOT GVARAffl'BlID.

..,.. * *'J'RADED rosn*10N

.818 43,926,219.01 43,926,:119.DP 43,926.219.01~

'3,926,2l9.01" 0.00 43,926,219.01*

43,926, 219.0l*

~ Sl!Ml>M-NOT-SONGS \\llH'l' ~l - NQ S'l'IITBMBm' OP lHVBSTl<ENTS - ACCRUIID LL ACCOIJNT 092-761 D&::1!MBeR )1,2006 FAX Memo No, ot~i Tu:

.J(M:t.

j MaBonlank 1

Co./Dept.:

I FAX Numb*r:

f I

~~~---11*

_Ptione_N_wn_be_r: ____

, I I

l.435 76,992,032. H 76,992, D32. 4 4 *

'16,992,032.44" 1f>,992,032.H*'

0.00

• u., 992,032. 44

• 0000P'tl23106D9 2 76] ARCCl'012 OOOOPTl2J1060~2'161AllCCFOl2 O.DD OOOOPT123106092?61ARCCF0l2 O.OD 0000PTl23l06-092761ARCCl'Ol, 0.00 OOOOl?'l't23106092761AOOC'~Ol~

0.00 OOOOPTl231060~27~1ARCCFOl; 0000PT123106092761ARCCFOJ:

ODOOP'Pl23106092'161A.RCCF01:

OOOOPT123l06092761ARCCF01:

OOOOl?'L'123l0609276lARCCF01!

OOOOPT12310609276lARCCFOl:

OOOOPT123106092'16l1\\RCCt>Ol:

OOOOPTl 2310609'.!76:I.ARCCE'Ol:

T D000F'J't23106D92?61ARCCF0t :

PROOOCBD 00 01-2!- 0? 0DOOP'l'l2J106092'161AACCF0l:

PAGE 1 OOOOPTl2310609276l.l\\RCCP01

l'ACB VALUE OR NAMB OF SBCURl'I'\\'

RA'l'l!

JOO, OF Sll8RES

'!'AX COS1' VALUE INCJOME OOOOeTl23106092762hRCCP0t2 0000PT12 31D6092762/1RCCl'O 12 l>RlC!!.

VALUB BST. ANNUAL ACCRUED OOOOl?'I'123106092762AR<X.'F012

~ -------------*------------------ --- - - -------------------- ------------ OOOOP'1'123106092762AR('CP012

~

c-.... = =

c...

E Q.

~

Q.

Q) en

~

t.n COl,LllCTJ.VE ':CRUST FUNDS 7,195,341.05 Sl!ro'M NDT-OON-QUAC.IFrED lt'l' UNIT 7,195,347.05 7,195,347. 05 1'0'tAL COLLBC'flVE TRUST FUNDS 7,195,347. 05 TOTAL lNVESTMll:1'1T'S CASH

'1,195,347.05

'l'O'l'AL FOND SB'rl'J,El) 'l'AX COST

~

MAAl>T PRlCE:S AND INC'OME ARE FR{M SOURCES WE

~

BE:J.,CEVB ARB RELIAIIL!l B\\J'J' ARB NOT GUAAANT81ID.

~

~ 'l'RAD80 POSCTION 1.052

'l,572,400.7t; 7,572,400. 76*

7,572,400.76"

'1, 5'12, 400. 76*

0.00 7,5'12, 400. 76*

7, ~72, 400. ?6*

x S&l(PRA-NDT-So>>GS UNl'l' U -NQ STATEt>!KN1' 01' ll>l'Jll!S'ft>!RNTS -

AOCR\\JBO

~ ACCOUNT 092-762 DD:'.:l!MBBR 31,2006

=

0

l UJ

E:

1.HS 10,328,400.08 10,328, 400. 08" 10,328, 400.08*

10,328,400.08" 0.00 10,32B, 400.0B*

OOOOP'.rt23106092762ARCCP012 0000PT123106092?62A.RCCF012 I), 00 000 OPT123106092762AACCF'Ol.2 0.00 OOOOPTl23106092?62J\\RCCF012 0.00 0000PT123l06092?62ARCCF012 0.00 0000PT123l06092762ARCCP0l2 00001?'1'12310609~762ARCCP01~

ODOOP'J'l23106092762ARCX:f0lj ll000PTl23106092?62ARCCP012 0000PT12l106092?62ARCCF012 0000P'rl23106092762ARCCF01li 0000PT123L06092762ARCCF01 OOOOPT123106092762ARCCF01 T 0000PT123106092762A!\\CCF0l PRODUCED ON 01-13-07 OOOOPT123106092762ARCCF01 PAG8 1

0000P'l'123106092762ARCCF01

......... + * ** -

• * * * **-~ --......... '"*-** -

H

• -* HH*--**--*- **u*- -....... 0

+*u -

. **

• U- + *+-

+

.... =

PACH VI\\LUE Oil NO. Ol' SllllRBS' NAME 01' SBCURI"l'Y COLLeJC'l'IVE 'l'RUS'l' FUNDS' 30,994, $65.385 SSMPnA NOT-QU11LTPlBO ><T UNIT 30,994,565.38$

30,994, !>65.385

'I'OTAL COLLECTIVE '!'RUST PONDS co 30, 99<1, 565-. 385

=

=

C'I co C.

Cl)

Cl) cc LO CASH 30,994,565.385 TOTAL FUND SETTLE:D TAX COS'J'

~

MMU\\ET PRJCES AND 'INCOME ARB FROO SOURC'£S WB C'I BBttEVB ARE RELii\\llLE BU'l' ARR NOT GOI\\RJ\\Nl'EEl).

~.- TRAD80 POSITIO<f

'l'AX COOT RA'l'B W'tD UNIT VALUE

• 730 22,638, 619.83 22,638,619.83~

22,638,6l9.83" 22,638,619.83~

0.00 22, 638,619.83*

22,638, 6H. SJ*

x SFMPRA-ND'l'- SOM'.:'S ONl T U -OUAL S'l'ATEMEm' 01' INVl!STM©fl'S -

ACCRUED if: ACCOUNT 092-763 DEX:EMBBR Jl,2006 3

_J lLJ

IE J>J;UCB VALUB l.54S 4?, 90S,915.6~

4.'l,905,915.64*

4'l, 905,915. 64k 47,905,915.64" 0.00 4'1, 905,915. 64..

!NCO)IB BST. ANNUAL ACCRUED OOOOP'r'l23105092763ARL'CF012 00001"1'123106092763ARCCP012 0 D 00,1>Tl23l0 6 0 92 '163 ARCCFO 12 OOOOPT123106092?63ARCCF012, o.oo o.oo o.oo 00 0 01?'1'12 3 l O 60 9 27 6 3ARCCF<l J.2 OOOOl/'1'123l06092763ARCCF012 DOOOM123106092763ARCCc;-Ol2 ODOOP'l'l23106092?63i\\RCCF012 0000PT123106092?63ARCCF012 0.00 OOOOPT12310609i763ARCCP012 000 0 E'Tl2 3106092 76JARCCF'Dl2 OODOPT123106092763ARCCF012 OOOOPT123106092763ARCCF01,

000 OT!1'123106092763AR<r.P'Ol, 0000 P'J'l2310 6 092? 6J ARCCFO l, OOD-OI>'l'12J106092763ARCCF01, 000-0PT12}106092'163ARCCP01, T 0000PT123106092763ARCCFO) ;

PRODIJ'CBD OH Ol-23-01 OOODPT12310~092763ARCCP<JJ; PAGE l

OOOOPT123106092763ARCC'F'Ol,

FACl3 VALUE Oll Nl\\lolE OF SECURITY TAX COST INOOliE OOODPT123106092'164ARCCP012 OOOOPT123106092?64ARCCP012 EST. 1'lilmJAL ACCRUJl.(J OOOOPT123106092164ARo:::P012 r-~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ OOOOPT123106092764ARCCF012 ND. OF SH11"RES W'l'D llN1T VALUE PRlC~

VALUE

=

=

',;;t =

COLLBCT1VB TRUST FIJNDS

~ 161,149,318.15 SBMPAA.IJDII'-QUAL~Pi l!O M'l' UNl'l' a: 161,149,318.)5 C"')

',;;t

~ 161,149,318.15

=

= 161, 149,318.15

N

~

C.ASH

a.

'fOTAL COLLEC'!'rvE TROST FUNDS TOTAL lNVBS'l'l,le:m'S

~ 1.61,149, 31$,15 TO'fAL P1JND

1. 105 178, 172,44-0.39 l.78, 172,44-0.39*

1'18,l.72,440.H*

178,172,440.39*

D.00 SE'M'l,80 TAX COS'l' 178,ln,*t<l0.39..

=

"d LO

~

MARKI!,"!' P.RICBS AND INCOMll ARB FROM SOURCES WE

~

BBLlE\\71?. ARE RLIABLE BUT ARE NO'I' GlJAAA.NT&e:D.

• TAADBD POOJ'l'ION x SllMPRA" ND'l'- SONGS Vl'f.I'f 112-QIJJU, STATEMl?IIIT Of' rNVESTMRNTS - ACCRUED

~ ACCOUNT 092-764 DB:::'BHB.ER 31,2006 l..545 249,076,105,60 249,076,105.60*

249,076, lOS. 60*

249, 076,105.60*

0.00 OOOOPT12l106092764i>.RCCP012 OOOOPT123106092164AJ\\CCP01~

0. 00 0000P'r123106092'164ARCCP012

0. 00 0000I?Tlnto6092'/64ARCCP012 0. 00 0000PT123106092764-ARCCF01l 0.00 OOOOF'l'l23106092764ARCCF012 OOOOPTl23106092?64/\\RCCP012 OOOOPTl 23106092764ARCCF012 0000l"l'l23106092?64ARCCF01.2 OOOOPTl23106092?64ARCCF012 000-0PT12H06092164ARCCF012 OOOOPT123106092764ARCCF01; OOOOPT123106092764ARCCF01, T oooOeT123106092764ARCCF01; PRODUCED ON 01-23-07 OOOOP'l'l23106092764ARCCF01, PAGE l

OOOOPT123106092?6<lARCCF01,

PACI! VAC.UE OR NAME OP SEX;URI'I'Y Rl\\TE TAX COST MARRE'l' PRICI!

VALUE

'.I.NCOMll BS"!'. ANIIIDIL ACCRUJIO 0000PT123106092765ARCCP012 OOOOPT123106'092765ARCCF0l.2 OOOOPT123l0609276SARCCPOl2

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~-~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 0000PT123l06092765ARCCP012 NO. OP Sl\\AAES WTD UlUT VALUE

=

Ln = =

a..

e 20.S, 577,00?.67

~ 205,677,00'7.67

'<at

205, 577.007.67

=

~ 205,577,007.6?

=

N (X)

C.

Cl)

V> 206,517,007.67

(.0

'<at l"-

u-,

'<at COLLEC'rlVB TRUST PONDS SRMPRA NOT-QUAJ.~FIEO MT UNIT

~J. COLLSC'l't\\JB 'l'RUST FUNDS CASH TOTAL, PlJND SETTLED TAX COST

~

MARK~ !.>RICES AW J:NCOMB ARE FROH SOURCBS W&

N BBLJBVE: AllB RELJABLB $OT ARE NOT GUARANTBE:D,

-.:t * 'l'R.ADED POS1 UON x SBMl.>RA-ND'r-SONGS lml'J' 113-QUAf,

~ ACOOUNI' 0!>2-'165 a

UJ

E l. 012 220,570,317.88 220, 570,317. 88..

220,510, 31.'7. 88..

220,S?O, 317.88k o.oo 220,570,317.88~

220, 570, 317 -8!)*

S1'A'l'RM8Nl' OP JNVES'l'MlINTS - ACCRUED DEX:BMBBR 31 12006

1. 545 n*1, 144, 56?. 9.s 311, ?44, 56'1. 95*

'.ll'l. 7'4,567.95..

0. 00 317,'14',56?. 95~

o.oo o.oo OOOOP'I'l.23106092765AkCCl"012 OOOOP'l'l:l3106092'}65ARCCE'()12 0000PT12310609J1651\\.RCCF01:7.

OOOOPTl23106092165ARCCF012 0.00 0000PT123106092765AR<:'CPOJ 2 0. 00 00001"1'123l06092765AR<'CF'Ol.2 OOOOJ/'l'l23l06092165ARCCF012 0000l'Tl2J106092765ARCCPOl, OOOOPT123t0609276SARCC'P01, OOOOPT123l06092765ARC'CF0l~

OOOOP'I'L23106092765/'.RCCF012 OOOOP'!'12'.l106092?65ARCCFOl; OOOOPTl23106092765ARCCP01~

T OOOOPT123106092765ARCCP01; PRODUCED ON 01-2?.- 0'1 OOOOP'f12H06092765ARC'CF01; PAGE 1

OOOOPT123106092765ARC'CPOl;

FAC8 VALUE TAX COST OR N'AMB OF SECUR['l'l/

RATE NO. OF' SHArulS m'D UNIT VALUEl eRICB VAI,UB F.9T. AttNIJAL Ao:-RIJED 0000PT12l106716166ARCCB0t2 0000PT123t067l6166ARCCB0l2 ooooe*rl23L06?16l66ARCCB0t2 i:-- ------------------ -------------------- ----------------- ~--------- 00001?Tl23106'116166ARCCR012 0

0......

(0 0

~

e C.

CT) 0 =

0 0 C'I =

0..,

en SJ,636,999.844

'1,195,347.05 60,832,346.894 60,832, :H.6.894 60,832, :H6.89-4 60,832, H6.894 COW.RCTl.VR 'l'lUJS'I' FUNDS SBMPRA NDT-}X)N* QUALlPISO MT UNIT S1lMPRA-ND'.l'- SONGS UN1T ll-NQ SEMPAA-NIYI'- SOOGS UNJ'T 12**J(Q

• * *TQ'l'AL ALL ACCOUNTS*~************

CASH TOTAi., COLLJlCT1VB TRUST PVNOS TOTA!:. l NVES'BffTS SEMl'RA* NDT* SO:OOS UNI'l' U - >>;l SEMPRA-NDT- 00:00S ONI'l' d2-NQ

" " 'l'O'l'AL CASH....

~ 60,832, ~46.894 TOTAL FlMI)

Ln CT)

~

SBTTLED 'l'llX COST

~

X

~

LL 14A.Rl(R'I' PRlCE!S Afro INCOM8 ARE FR£ll.! 90UR.(<E'.S \\i/R BSLIEVB ARB RELIA.BLB BUT ARE NC!l' GUARANTEED.

• 'l'AADIID POS't,'ION

.818

l. 052

. 846 43,9Z6,2H.Ol

?;572,400.?6 Sl, 49l\\,6l9.7?

Sl,496,619. 'I'/*

51, 496,619,'11"'

51,(98,619.7?"

0.00 0.00 0.00 51,498,619.77~

H,498, 619. 77*

SEMPAA ND'1' -.NON-QUAL-Pl.A.H S'l'ATRME.NT OP INVES'l'M8NTS -

ACCT<OEO llCCOUNT 716-166 OBCEMBER 31, 2006 l.435 76,992, 032-, H lD,328,400,08 87,320, 02.52 B7,J20,H2.52*

8</,320,H2. 52

• 87,320,432.52~

o.oo o.oo o.oo OOOOJ>T123 l 061 l 6l 66ARt'CE012 OOOOPT123l06716166ARCCE0l2 0000P'l'l23106716166ARCCE012 0.00 0000.PTl2Jl067l6166ARCCB0l2 0.00 OODDPT12Jl06716l66ARCCB0l,I Q.00 0000PT12J106716166ARCCB0l2 0.00 OOOOPT123106716166ARCCB012

0. 00 000 0P'l'l231067l6166ARCCll0l2

0. DO 000 0P'1'123l(l<i7l6l66ARCCB0l2 OOOOPT123106?16166ARCC.E012 OOOOPT123106?16166ARCCE012 OOOO&Tl23106?16166ARCCE012 0000&Tl23l06?16l66ARCC"ED12 OOOOPT1:l3106'll.6166l\\JlOCEOU 0000ll'l:'123l06716166ARCCE012 0000PT123106716166~B0l2 0000PJ'1231067t6166ARt;:CB012 0 0 O{)PTl:>.J 10 6 7 l 616 6,\\RCCBO l.2 OOOOPT123106716166ARCCB012 T 0000PT12~106716166ARCCR0l2 PRODOCI!O ON 01 01 OOOOPTl2ll067i6166ARCCE012 PAGE 1

0000PT12l1067161661>.RCCE012

PP.CB VALUE TA)( COS1' lfARKl!:I' OR NAME OF SOCURlTV RATE MO. Dr' SKAR.BS VALOR l!RICE VALOE BS'l', 7'.NNUAL ACCRUIID r---- ---------------------- ---------- ----------- -------- ----- - ---------

0 DOOP'l'l2 3 '.l O 611G167 J\\ROCIW 12 ODOOP'l'12310671616'7ARCCE01, OOOOPTl2310671616?ARCCE01i OOOOPT123106716167!\\RCCR01,

=

~

,._ = =

0..

E

~ 30;99~,565. 385

"" Hl,149,:HB. 15

~ 20S, S'71.. 007.61 co 39'1,720,891.205

§l 397,720, 891.205 N

co H'l,'120,891.205 l

39'1,?20,891.205

(.0 Lt')

COt.t.ECTIVE TRUST 171mDS SEMPRA ND'l'*QUALIFIBO MT UNl'l'

&1:Ml'RA-NDT- 00>>3S UNlT tl-QUAL Sil!PRA-HD'l'- SOI\\US UNIT '2-QUAL SEMPRA- }IDl'- SONGS UNI'!' r:J-QUM,

"",._*'lOI'l\\L ALL ACCOUNT'S~***.~,. ~ A -A-it-t*....-

CASH

'l'O'l'AL COLLECTIVE TRUST FUNDS TOTAL INVESTMBm'S SEMPRA-NOT-SONGS UNIT 11-QU/\\L SEMPRA-NDT-S~ UNIT ¥2 - QUAL SEMPAA-Wl)ll'*S~S UNIT n-QUAL

~ J97, 720,891.205 TOT.I\\(.. l'UND N

N..-

X LL.

SETTLBO TAX C'OS'r

}{AJIKBT PRICl?.S Afro 1:NCOMB II.RE PROK S00RC8S WE BELIBVB ARE RELIABLE auT ARE NOT GUA~TBBD.

• 'l'RADED POSITION

. '130 1.105 l.012 1.059 22 ; f>.38,619. 83 178, t'/2, 440.39 220,570,317.88 421,lBl,318.10 421,381, 3'18.10..

4Zl, 381, 3'18..10*

<1.21,3s1, na.10*

1).00 0.00

0. 00 Q.00 421,381,318.10..

421.,38.1,378,10*

SE!(PRA NDT-Q\\JAL-COMB Pu.N STA'l'Rl4E:NT 01.' INVBS'T~S -

ACCRUED z:

C)

_J

_J LU

IE Acx:'OUJ:o'I' 'l16-l67 DECEMBER 31,2006 4'7,905,915.611 249,076, 1.05.60 n*,,1,4,567.95 614,726,589.19 61.4, 126, 5B9.19*

6H,726,5B9.19*

o.oo o.oo o.oo o.oo 614,726,589.19~

o.oo 0.00 o.oo 0.00 o.oo OOOiOe'l'12 310 6'11616 7 ARCcrt.11, 000 01?1'12310671616? AR<X'E>>l; OOOO'M'l2310671.6l6'l1\\RCCB1)l; OOOOPT123106716167ARCCB01; OOODP"r1231067lf>l.67AACCB01, 0000PT123l06716167ARCCB0i:

OOOOPTl?.l106716167ARCCBOl; OOOOPT12~1067l6167AR:CCB0l~

o.oo oooo~r123106?l6t6?ARt,"'C(!)()1:

o. oo oOOOP'.rt2310671616?A.RCCeo1:

OOOOPTl2Jl067t&167ARCCBOL; 0000PTl23106716167ARCCB01; OOOOPTl23106?16t67ARCC.EOl; OOOOPT1H1.06?l6167ARCCE0l :

OOOOPT123106716167ARCCF.l01 '.

0DOO:P'1'123l06716167ARCCB01; OOOOPTl23l06716167.I\\RCCB0l:

OODDPT12ll06?16167ARCCn011 000 0 P'l'1J3l06'11616 7 ARCCEDl:

OOOOP'1'123l0671616'lARCCB01'.

OOOOP'J'12310671616'lARCCEOl'.

• r OOOOP1'123106716167ARCCE01'.

PRODUCF.:D ON 01-23, 0? OOOOPT123106716167ARCCR0l'.

PAGE

l.

000l>PTl23106716167AACCB0l'.

(

CITY OF RIVERSIDE DECOMMISSIONING TRUST FUND UNIT # 2 PERIODIC CASH-BASIS STATEMENT 12/01/06 TO 12/31/06 THIS INTERIM STATEME!IIT HAS NOT BEEN AUDITED AND IS UNCERTIFIED.

PLEASE REVIEW CABEFULL Y AND REPORT ANY ERRORS PROMPTLY.

26 CINDY REELEY CITY OF RIVERSl,DE 3900 MAIN STREET, 4TH FLOOR RIVERSIDE CA 9~~522-0600 11.1....,.1.1.1... 1.1.,.1.111 **** 11 ** 11... 11... 11... 11 **** 1 ** 11 ACCOUNT 13118208 ADMINISTRATOR: JANE ERWIN TELEPHONE NO. 415-273-2506 CAPACITY: TRUSTEE MARKET VALUATIONS OF SECURITIES AND OTHER ASSETS ARE BASED UPON REPORTS OF INDEPENDENT PRICING SERVICES, BROKERS QUOTATIONS, PUBLISHED BID AND ASK PRICES ANO OTHER SOURCES INDEPENDENT OF UNION BANK OF CALIFORNIA, N.A. AND HIGHMARK CAPITAL MANAGEMENT. INC:.

AL THOUGH THESE SOURCES ARE CONSIDERED TO BE REASONABLY CORRECT.

UNION BANK OF CALIFORNIA. N.A. MAKES NO REPRESENTATIONS OR WARRANTIES AS TO THEIR ACCURACY.

SCHEDULE ASSET SUIIAARY ASSET STATEf.lNT CITY OF RIVERSIDE #2-ESCROW FOR THE PER 100 12/01/06 THROUGH 12/31/06 T A B L E O F C O N T E N T S SCHEDULE OF INCOME RECEIVED MISCELLANEOUS CASH RECEIPTS ANO OISBURSEf.fNTS lNVESTI.ENTS PURCHASED INVESTMENTS SOLD ACCOUNT 13118208 PAGE 3

5 6

7 8

.... ~.~

i PAGE 1 OF 8 CITY OF RIVERSIDE #2-ESCROW ACCOUNTING Pm IOD: 12/01/06 THROUGH 12/31/06 ACCOUNT NUMBER: 13118208 CAPACITY: TRUSTEE ASSET

SUMMARY

DESCRIPTION INTEREST-BEARING CASH U.S. GOVERNMfNT SECURITIES TOTAL ASSETS BOO( VALUE 96.!579.44 22.778,923.67 22,875,!503.11

% OF TOTAL MARKET VALUE 0.420 96.579.44 99.580 22,872.975.45 100.000 22,969,554.89 ADMINISTRATOR: JANE ERWIN TELEPHONE NO: 415-273-2506

% OF ESTIMATED ANNUAL YLD ON TOTAL INC<IE MARKET 0.420 4.264.51 4.420 99.580 1.166,203.63 5.100 100.000 1.170,468.14 5.100

,.r~*

(

PAGE 3 OF 8 CITY OF RIVERSIDE #2-ESCROW ACCOUNTING PERIOD: 12/01/06 THROUGH 12/31/06 ACCOUNT NUMBER: 13118208 CAPACITY: TRUSTEE ii' '

ASSET STATEMENT DESCRIPTION INTEREST-BEARING CASH 96,579.44 SHARES/PAR VALUE HIGHMARK l,(JNEY MARKET 100'/. US TREASURY FD FIDUCIARY SH

• • • CASH MANAGEMENT SWEEP MARKET PRICE/ 1. OF PAR 100.CXY/.

CUSIP#: 431114503 SUBTOTAL U.S. GOVERt&ENT SECURITIES 6.CXX),CXX) SHARES/PAR VALUE FEDERAL HOME LN BKS BONDS OTO 03/10/2004 3.5cxr!.

12/10/2007 MARKET PRICE/ Y. OF PAR 98.438%

CUSIP#: 3133X4A43 728,CXX) SHARES/PAR VALUE FEDERAL HOME LN BKS BOS OTO 04/14/2005 4.125%

04/18/2008 MARKET PRICE/ r. OF PAR 98.719%

CUSIP#: 3133XBJQ9 864,450 SHARES/PAR VALUE FEDERAL HOl,f LN BKS CONS BO OTO 05/08/2CXl6 5.250%

()6/12/2009 MARKET PRICE / 1. OF PAR 100.5311.

CUSIP#: 3133XFLG9 600.CXX) SHARES/PAR VALUE FEDERAL HOME LN BKS CONS BO OTO 05/10/2<XX) 7 6251. 05/ 14/2010 MARKET PRICE / 1. OF PAR 108.2191.

CUSIP#: 3133MBJA6

1. 185.CXX) SHARES/PAR vALUE FEDERAL HOME LN MTG CORP MTN OTO 07 /25/ 2CXl6 6 (XX)'/. 07/25/2013 MAR~.ET PRICE / '/, OF PAR 100 851%

CUSIP!i: 3128X5FC7 800( VALUE/

UNREALIZl:D G/L 96.!579.44 0.00 96,!579.44 0.00 6, CXX), (XX). 00

-93.:720.00 732. !i79. 40

- 13.905.08 874. '!05.91

-5.()65.68 659.916.00

-10.(i02.00

1. 185.COO.OO 10.084.35 ADMINISTRATOR: JANE ERWIN TELEPHONE NO: 415-273-2506 ADJ. PRIOR CURRENT l.t(T VALUE ESTIMATED YLO ON r.JT VALUE UNREALIZED G/L ANNUAL INCOE MARKET 96.579.44 96,579.44 5,906,280.00 718.674.32 869,040.23 649.314.00 1.195.084.35 96,579.44 0.00 96,579.44 0.00 5.910,CXX).00

-3, 720.00 721.178.64

-2. 504.32 874,105.91

-5.()65.68 654.936.00

-5.622.00 1.200. 713 10

-5.628.i5 4.264.51 4.420 4,264.51 4.420 210.CXX).00 3.560 30.030.00 4.180 45.383.63 5.220 45.750.00 7.050 71.100 00 5 950

n

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PAGE 5 OF 8 CITY OF RIVERSIDE #2-ESCROW ACCOUNTING PERIOD: 12/01/06 THROUGH 12/31/06 ACCOUNT NUMBER: 13118208 CAPACITY: TRUSTEE ASSET STATEMENT DESCRIPTION SUBTOTAL TOTAL ASSETS BOO< VALUE/

UNREALIZED G/L 22.7713.923.67 911,051.78 22,87S,503.11

~l.051. 78 SCHEDULE OF INCOME RECEIVED DATE DESCRIPTION INTEREST INCClf INTEREST-BEARING CASH HIGIIAAK 100% US TREASURY I.ONEY J.l(T CURRENT J.l(T VALUE 22.872.975.45 22.969.554.89 12/01/06 CASH RECEIPT OF INTEREST EARNED - PAYABLE 11/30/06 CURRENT 7 DAY AVERAGE 4.59%

TOTAL HIGIIARK 100% US TREASURY WNEY J.l(T TOTAL INTEREST-BEARING CASH U.S. GOVERMNT SECURITIES FHI.B BOS 3.500% 1:1/10/07 12/11/06 CASH RECEIPT OF INTEREST EARNED - PAYABLE 12/ 10/06 TOTAL FHLB BOS 3.500% 12/10/07 TOTAL U.S. GOVERtt.fNT SECURITIES, TOTAL 1NTEREST JNCCJ.f ADMINISTRATOR: JANE ERWIN TELEPHONE NO: 415-273-2506 ADJ. PRIOR J.l(T VALUE ESTI~TEO YLD ON UNREALIZED GIL ANNUAL INCClf MARKET 23,012.623.60

-139.648.15 1.166,200.63 5.100 i '

'<",t

{

23.1<1.203.04

-139.648.15 1.170,468.14 5.100 2.175.73 2.175.73 2,175.73 105,000.00 105,000.00 105.000.00 107,175.73

(,

CITY OF RIVERSIDE #2-ESCROW ACCOUNTING PERIOD: 12/01/06 THROUGH 12/31/06 PAGE 7 OF 8 ACCOUNT NUMBER: 13118208 CAPACITY: TRUSTEE ADMINISTRATOR: JANE ERWIN TELEPHONE NO: 415-273-2506 INVESTMENTS PURCHASED DATE 12/13/06 DESCRIPTION BRa<ERAGE BOO( VALUE CASH AKIUNT INTEREST-BEARING CASH HI GftWl.K 100% US TREASURY t.llNEY t.l(T PURCHASES 12/01/06 TO 12/31/06

.00 202.035.73

-202.035.73 TOTAL HI<H4ARK 100% US TREASURY t.l)NEY t.l(T

.00 202,005.73

-202,005.73 TOTAL INTEREST-BEARING CASH

.00 202,005.73

-202,005.73 U.S. GOVERtlENT SECURITIES FHLB BOS 5.25% 6/12/09 PURCHASED 864,450 SHARES/UNITS

.00 874,105.91

-874, 105.91 THROUGH GOVT PERSPECTIVES, LLC/CHASE TRADE DATE 12/12/06 864.450 PAR VALUE AT 101. 117 1.

TOTAL FHLB BOS 5.25% 6/12/09

.00 874,105.91

-874, 105.91 TOTAL U.S. GOVERtlfNT SECURITIES

.00 874.105.91

-874, 105.91 TOTAL ACQUISITIONS

. 00 1,076, 141.64

-1.076, 141.64 THE LAST TRANSACTION UNDER THE INTE'REST BEARING CASH REFLECTS THE TOTAL PURCHASES FOR THIS STATEMENT PERIOD ATTRIBUTED TO DAILY CASH MANAGEMENT. PLEASE CONTACT YOUR ACCOUNT ADMINISTRATOR IF YOU WANT TO SEE THE DETAIL OF THE TRANSACTIONS.

• II CITY OF RIVERSIDE DECOMMISSIONING TRUST FUND UNIT # 3 PERIODIC CASH-BASIS STATEMENT 12/01/06 TO 12/31/06 THIS INTERIM STATEMENT HAS NOT BEEN AUDITED AND IS UNCERTIFIED.

PLEASE REVIEW CAf!EFULLY AND REPORT ANY ERRORS PROMPTLY.

CINDY REELEY CITY OF RIVERSl,DE 3900 MAIN STREET, 4 TH FLOOR RIVERSIDE CA 9~?522-0600 11.1.... 1.1.1.1 *** I, I, nl, I I I,,,.11 ** 11 *** 11... 11... 11 **** 1 ** 11 ACCOUNT 13118226 ADMINISTRATOR: JANE ERWIN TELEPHONE NO. 415-273-2506 CAPACITY: TRUSTEE MARKET VALUATIONS OF SECURITIES AND OTHER ASSETS ARE BASED UPON REPORTS OF INDEPENDENT PRICING SERVICES.

BROKERS QUOTATIONS, PUBLISHED BID AND ASK PRICES AND OTHER SOURCES INDEPENDENT OF UNION BANK OF CALIFORNIA, N.A. AND HIGHMARK CAPITAL MANAGEMENT. INC:.

Al THOUGH THESE SOURCES ARE CONSIDERED TO BE REASONABLY CORRECT, UNION BANK OF CALIFORNIA, N.A. MAKES NO REPRESENTATIONS OR WARRANTIES AS TO THEIR ACCURACY.

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SCHEDULE ASSET SUl,t,IARY ASSET STATEMENT CITY OF RIVERSIDE #3-ESCROW FOR THE PERIOD 12/01/06 THROUGH 12/31/06 T A B L E O f C O N T E N T S SCHEDULE OF INCot.f RECEIVED MISCELLANEOUS CASH RECEIPTS ANID DISBURSEMENTS INVESTMENTS PURCHASED INVESTMENTS SOLD ACCOUNT 13118226 PAGE 3

5 6

7 8

(

l,

PAGE 1 OF 8 CITY OF RIVERSIDE #3-ESCROW ACCOUNTING PERIOD: 12/01/ 06 THROUGH 12/31/06 ACCOUNT NUMBER: 13118226 CAPACITY: TRUSTEE ASSET

SUMMARY

DESCRIPTION INTEREST-BEARING CASH U.S. GOVERtf.ENT SECURITIES TOTAL ASSETS I *:

o

% OF BOO( VALUE TOTAL 39,643.02 0.160 25.671.324.69 99.850 25,710.967. 71 100.000 MAAKET VALUE 39,643.02

25. 713.007 80 25,752,650.82 ADMINISTRATOR: JANE ERWIN TELEPHONE NO: 415-273-2506

% OF ESTIMATED ANttlAL YLD ON TOTAL INCClf MARKET 0.150

1. 750.46 4.420 99.850 1.259.363.88 4.900 100.000 1,261,114.33 4.900

\\

PAGE 3 OF 8 CITY OF RIVERSIDE #3-ESCROW ACCOUNTING PERIOD : 12/01/06 THROUGH 12/31/06 ACCOUNT NUMBER: 13118226 CAPACITY: TRUSTEE ASSET STATEMENT DESCRIPTION INTEREST-BEARING CASH 39,643.02 SHARES/PAR VALUE HIGHMARK t.ONEY MARKET 1CXl% US TREASURY FD FIDUCIARY SH

• • • CASH MANAGEMENT SWEEP MARKET PRICE / Y. OF PAR 100.CXl%

CUSIP#: 431114503 SUBTOTAL U.S. GOVERtlEHT SECURITIES 9,500,(XJ() SHARES/PAR VALUE FEDERAL HOME LN BKS BONDS OTO 03/10/2004 3.5CX)'/.

12/10/2007 MARKET PRICE /% OF PAR 98.4381.

CUSIP#: 3133X4A43 572.000 SHARES/PAR VALUE FEDERAL HOM: LN BKS BOS OTO 04/14/2005 4. 125%

04/18/2008 MARKET PRICE / Y. OF PAR 98. 719'/.

CUSIP#: 3133XBJQ9 830,550 SHARES/PAR VALUE FEDERAL HOME LN BKS CONS BO OTO 05/08/2<Xl6 5.25Cr/.

06/12/2009 MARKET PRICE/ 1. OF PAR 100.531%

CUSIP#: 3133XFLG9 400.000 SHARES/PAR VALUE FEDERAL HOME LN BKS CONS BO OTO 05/10/2(XJ() 7. 625% 05/14/2010 MARKET PRICE /% OF PAR 108.21~

CUSIP#: 3133MBJA6 1.685.(XJ() SHARES/PAR VALUE FEDERAL HOME LN MTG CORP MTN OTO 07/25/2006 6.000'/. 07/2512013 MARKET PRICE / % OF PAR 100 851o/.

CUSIP#: 3128X5FC7 i,fi I

I l

I BOO( VALUE/

UNREALIZED G/L 3!3. 643.02 0.00 3!:l,643. 02 0.00 9,500,000.00

-146,. 390. 00 575.598.09

-10.925.41 839.827.24

-4.867.02 439.944.00

-7.068.00 1. 685. (XJ(). 00 14.339.35 CURRENT M<.T VALUE 39.643.02 39.643.02 9.351.610.00 564,672.68 834.960.22 432.876.00 1.699.339.35 ADMINISTRATOR: JANE ERWIN TELEPHONE NO: 415-273-2506 ADJ. PRIOR t.1<.T VALUE ESTI~TEO YLO ON UNREALIZED GIL ANNUAL INC(lf MARKET 39,643.02 1.750.46 4.420 0.00 39,643.02 0.00 1,750.46 4.420 9.357.500.00

-5.890.00 332,500.00 3.560 566.640.36 23,595.00 4.180

-1.967.68 839.827.24 43,603.88 5.220

-4.867.02 436.624.00 30.500.00 7 050

-3.748.00 1.707. 343. 10 101. 100.00 5.950

-8.003. 75

I PAGE 5 OF 8 CITY OF RIVERSIDE #3-ESCROW ACCOUNTING PERIOD: 12/01/06 THROUGH 12/31/06 ACCOUNT NUMBER: 13118226 CAPACITY: TRUSTEE ASSET STATEMENT DESCRIPTION SUBTOTAL TOTAL ASSETS 8001\\ VALUE/

UNREAL.IZED GIL 25.671,324.69 41.683.11 25,no,961.11 41.683.11 SCHEDULE OF I NCOME RECEI VED DATE DESCRIPTION INTEREST I t<<:OiE INTEREST-BEARING CASH HIGl4ARK 100% US TREASURY liOl~fY t.l(T CURRENT t.l(T VALUE 25.713.007.80 25.752,650.82 12/01/06 CASH RECEIPT OF INTEREST EARNED - PAYABLE 11/30/06 CURRENT 7 DAY AVERAGE 4.59%

TOTAL HIGl4ARK 100% US TREASURY t.lJHEY t.l(T TOTAL INTEREST-BEARit<<l CASH U.S. GOVERtlfNT SECURITIES FHLB BOS 3.500% 12/10/07 12/ 11/06 CASH RECEIPT OF INTEREST EARNED - PAYABLE 12/ 10/06 TOTAL Al.B BOS 3.500% 12/10/07 TOTAL U.S. OOVERtlfNT SECURITIES TOTAL INTEREST Itro.E ADMINISTRATOR: JANE ERWIN TELEPHONE NO: 415-273-2506 ADJ. PRIOR t.l(T VALUE ESTIMATED YLD ON UNREALIZED G/L ANMJAL I t<<:OiE MMKET 25,848,466.65

-135,458.85 1.259,363.88 1~

U '

• I

_. l y:

~

/

L (

25,888, 1f>>.61 1,261.114.33 4.900

-135.458.85 AIIJUNT 1,937.25 1,937.25 1,937.25 166. 250.00 166,250.00 166,250.00 168,187.25

\\ '

I \\

CITY OF RIVERSIDE #3-ESCROW ACCOUNTING PERIOD: 12/01/06 THROUGH 12/31/06 PAGE 7 OF 8 ACCOUNT NUMBER: 13118226 CAPACITY: TRUSTEE ADMINISTRATOR: JANE ERWIN TELEPHONE NO: 415-273-2506 INVESTMENTS PURCHASED DATE 12/ 13/06 DESCRIPTION BRO(ERAGE BOO( VALUE CASH Al,IJUNT INTEREST-BEARING CASH HIGICAAK 100% US TREASURY ll>fEY lf;T PURCHASES 12/01/06 TO 12/31/06

.00 205,077.25

-205.077.25 TOTAL HIGIIARI( 100% US TREASURY ll>IU I.KT

.00 205.077.25

-205.077.25 TOTAL INTEREST-BEARING CASH

.00 205,077.25

-205,077.25 U.S. GOVERtlENT SECURITIES FHLB BOS 5.25% 6/12/00 PURCHASED 830,550 SHARES/UNITS THROUGH GOVT PERSPECTIVES, LLC/CHASE

.00 839,827.24

-839,827.24 TRADE DATE 12/ 12/06 830,550 PAR VALUE AT 101. 117 ~

TOTAL Flt.B BOS 5.25% 6/12/00

.00 839,827.24

-839.827.24 TOTAL U.S. GOVERtlENT SECURITIES

.00 839.827.24

-839.827.24 TOTAL ACQUISITIONS

.00 1,044,904.49

-1.044,904. 49 THE LAST TRANSACTION UNDER THE INTEREST BEARING CASH REFLECTS THE TOTAL PURCHASES FOR THIS STATEMENT PERIOD ATTRIBUTED TO DAILY CASH MANAGEMENT PLEASE CONTACT YOUR ACCOUNT ADMINISTRATOR IF YOU WANT TO SEE THE DETAIL OF THE TRANSACTIONS.

CITY OF ANAHEIM DECOMMISSIONING TRUST FUND PERIODIC CASH-BASIS STATEMENT 12/01/06 TO 12/31/06 THIS INTERIM STATEMENT HAS NOT BEEN AUDITED ANO IS UNCERTIFIED.

PLEASE REVIEW CAREFULLY AND REPORT ANY ERRORS PROMPTLY.

CITY OF ANAHEIM ATTN: KRISTINE HIDGE CITY TREASURER 201 S. ANAHEIM BL VD., #901 ANAHEIM CA 92805-3861 ll,l,,,,l,ll,,l,ll,,,,l11l,,,ll,l,,l,,ll,,,,,ll,,l,l,ll,,ll,,,I ACCOUNT 13199905 ADMINISTRATOR: JANE ERWIN TELEPHONE NO. 415-273-2506 CAPACITY: TRUSTEE MARKET VALUATIONS OF SECURITIES AND OTHEfl ASSETS ARE BASED UPON REPORTS OF INDEPENDENT PRICING SERVICES.

BROKERS QUOTATIONS. PUBLISHED BIO AND ASK PRICES AND OTHER SOURCES INDEPENDENT OF UNION BANK OF CALIFORNIA, N.A. AND HIGHMARK CAPITAL MANAGEMENT, INIC.

AL THOUGH THESE SOURCES ARE CONSIDERED TO BE REASONABLY CORRECT, UNION BANK OF CALIFORNIA. N.A. MAKES NO HEPRESENTATIONS OR WARRANTIES AS TO THEIR ACCURACY.

FOm,1,i,..,, ri v1:c1 SCHEDULE ASSET

SUMMARY

ASSET STATEMENT CITY OF ANAHEIM-ESCROW FOR THE PERIOD 12/01/06 THROUGH 12/31/06 T A B L E O F C O N T E N T S SCHEDULE OF INCOME RECEIVED MISCELLANEOUS CASH RECEIPTS ANO OISBURSEMENTS INVESTMENTS PURCHASED INVESTMENTS SOLO ACCOUNT 13199905 PAGE 3

6 7

8 9

CITY OF ANAHEIM-ESCROW ACCOUNTING PrnIOD: 12/01/06 THROUGH 12/31/06 ACCOUNT NUMBER: 13199905 CAPACITY: TRUSTEE ASSET

SUMMARY

DESCRIPTION INTEREST -BEARING CASH U.S. GOVERNMENT SECURITIES TOTAL ASSETS

% OF

, BOOK VALUE TOTAL 387,867.43 0.400 97,926,448.15 99.610 98.314,315.58 100.000 MARKET VALUE 387,867.43 98,299,868.95 98,687,736.38 ADMINISTRATOR : JANE ERWIN TELEPHONE NO: 415-273-2506 ESTIMATED

% OF ANNUAL YLD ON TOTAL INCOME MARKET 0.390 19,971.65

5. 150 99.610 5,211,912.25 5.300 100.000 5,231,883.90 5.300

PAGE 3 OF 10 CITY OF ANAHEIM-ESCROW ACCOUNTING PERIOD: 12/01/06 THROUGH 12/31/06 ACCOUNT NUMBER: 13199905 CAPACITY: TRUSTEE ASSET STATEMENT DESCRIPTION INTEREST-BEARING CASH 387,867.43 SHARES/PAR VALUE FEDERATED GOVERNMENT OBLIGATIONS INSTITUTIONAL SHARES IIONEY MARKET #5 MARKET PRICE / 1, OF PAR 100.00'/o CUSIP#: 60934N104 SUBTOTAL U.S. GOVERNMENT SECURITIES 6,000,000 SHARES/PAR VALUE FEDERAL FARM CR BKS BONDS OTO 08/08/2006 5.60% 08/08/2008 MARKET PRICE/ 1, OF PAR 100.031%

CUSIP#: 31331VP75 2,500,000 SHARES/PAR VALUE FEDERAL FARM CREDIT BANK BONDS OTO 10/03/2006 5. 250'/. 04/03/2009 MARKET PRICE/% OF PAR 99.906%

CUSIP#: 31331V5Q5 4,000,000 SHARES/PAR VALUE FEDERAL HOME LN BKS BONDS OTO 07/02/2003 2.0600'/.

01/02/2007 MARKET PRICE / % OF PAR 100.00'/.

CUSIP#: 31339XYH1 7,500,000 SHARES/PAR VALUE FEDERAL HOME LN BKS BOS OTO 10/26/2005 4.480%

01/26/2007 MARKET PRICE /% OF PAR 99.969%

CUSIP#: 3133XOKG5 5,000,000 SHARES/PAR VALUE FEDERAL HOME LN BKS BONDS OTO 04/24/2006 5.00% 04/24/2009 MARKET PRICE /% OF PAR 99.8441, CUSIP#:* 3133XFBPO BOOK. VALUE/

UNREALIZED G/L 38'.i',867.43 0.00 387,867.43 0.00 6,00:), 000. 00

• 1.860.00 2,SCX),000. 00

-2,350.00 4,(XX),000. 00 0.00 7.500,000.00

-2,325.00 5, 00), 000. 00

-7,800.00 CURRENT M(T VALUE 387,867.43 387,867.43 6,001,860.00 2,497,650.00 4,000,000.00 7,497,675.00 4,992,200.00 ADMINISTRATOR: JANE ERWIN TELEPHONE NO: 415-273-2506 ADJ, PRIOR M(T VALUE ESTIMATED YLD ON UNREALIZED GIL ANNUAL INCM MARKET 387,867.43 19,971.65 5 150 0.00 387,867.43 19,971.65 5.150 0.00 6,005,640.00 336,000.00 5.600

-3, 780.00 2,499,225.00 131,250.00 5.260

-1.575.00 3,988,760.00 82,400.00 2.060 11.240 00 7,490.625.00 336,000.00 4.480 7,050.00 4.998,450.00 275,000.00 5.510

-6.250.00

PAGE 5 OF 10 CITY OF ANAHEIM-ESCROW ACCOUNTING PERIOD: 12/01/06 THROUGH 12/31/06 ACCOUNT NUMBER: 13199905 CAPACITY: TRUSTEE ASSET STATEMENT DESCRIPTION OTO r:Jj/06/21JJ6 5.625% 9/06/2011 MARKET PRICE/% OF PAR 100.031%

CUSIP#: 3133XGJY1 3,100,000 SHARES/PAR VALUE FEDERAL HOME LN BKS BONDS OTO 09/12/2006 5.801. 09/12/2011 MARKET PRICE / Y. OF PAR 99.938%

CUSIP#; 3133XGNH3 4,SCX),000 SHARES/PAR VALUE FEDERAL HOME LN BKS BONDS OTO 12/01/2/JJ6 5. 10% 12/01/2011 MARKET PRICE / % OF PAR 99.063'/.

CUSIP#: 3133XHVF6 5,200,000 SHARES/PAR VALUE FEDERAL HOME LN BKS BONDS OTO 12/12/2/JJ6 5,230'/. 12/12/2011

~IARKET PRICE / % OF PAR 99.375%

CUSIP#: 3133XHZD7 4,200,000 SHARES/PAR VALUE FEDERAL HOME LN MTG CORP MEDIUM TERM NOTES OTO 05/10/2/JJ6 5.700'/. 05/10/2011 MARKET PRICE / % OF PAR 100.057%

CUSIP#: 3128X45A5 4,000,000 SHARES/PAR VALUE FEDERAL HOME LN MTG CORP NOTES OTO 05/22/2/JJ6 5. 60'/. 05/22/2CJ:S SERIES 1 MARKET PRICE /% OF PAR 100.094%

CUSIP#: 3128X47M7 7,000,000 SHARES/PAR VALUE FEDERAL HOME LN MTG CORP NOTES OTO 11/03/2006 5. 11% 11/03/2(X)9 MARKET PRICE / % OF PAR 99.84%

CUSIP#: 3128X5MS4 5,000,000 SHARES/PAR VALUE FEDERAL HO~t LOAN BANK BONDS OTO 10/05/2006 5.400'/. 10/05/2(X)9 MARKET PRICE / % OF PAR 99.781%

CUS1P#: 3133XH2Q4 1,900.000 SHARES/PAR VALUE STUDENT LN MARKETING ASSN MEDIUM r*) RM fJl ~.

1,, t 11*

BOa< VALUE/

UNREALIZED G/L 3, 100,000.00

_,,922.00 4, 5CX), 000 00

-4?, 165.00 5, 2CXl,OOO.OO

-32,500.00 4, 2CX),000.00

2,394.00 4,CXX>,000 00 3.760.00 7,000.000.00

-1 1.200.00 5, oco, 000. 00

-10,950.00 1,9Ll3,343. 75 90,321.25 CURRENT t.f(.l VALUE 3,098,078.00 4,457,835.00 5,167,500.00 4,202,394.00 4,003,760.00 6,988,800.00 4.989,050.00 2.033,665.00 ADMINISTRATOR: JANE ERWIN TELEPHONE NO: 415-273-2506 ADJ. PRIOR t,tn VALUE ESTIMATED YLD ON UNREALIZED G/L ANNUAL INCO!.E MARKET 3,104,836.00

-6, 758.00 179,800.00 5.800 4,500,000.00

-42, 165.00 229,500.00

5. 150 5,200.000.00 271,960.00 5.260

-32,500.00 4,203,948.00 239,400.00

5. 700

-1,554 00 4,005,720.00 224,000.00 5.600

-1,960.00 7,023,590.00 357,700.00 5.120

-34,790.00 4,996.900.00

-7,850.00 270.000.00 5.410 2,054,033.00

-20.368.00 129,770.00 6.380

PAGE 7 OF 10 CITY OF ANAHEIM-ESCROW ACCOUNTING PERIOD: 12/01/06 THROUGH 12/31/06 ACCOUNT NUMBER: 13199905 CAPACITY: TRUSTEE SCHEDULE OF INCOME RECEIVED DATE DESCRIPTION FHLB BOS

5. 750% 6/02/11 12/04/06 CASH RECEIPT OF INTEREST EARNED - PAYABLE 12/02/06 TOTAL FHLB BOS 5.750% 6/02/11 2.280% 12/11/06 12/11/06 CASH RECEIPT OF INTEREST EARNED - PAYABLE 12/ 11/06 TOTAL FtfM

2. 2el0% 12111/06 TOTAL U.S. GOVERmENT SECURITIES TOTAL INTEREST INCOME TOTAL INCOM: RECEIVED ADMINISTRATOR: JANE ERWIN TELEPHONE NO: 415-273-2506 M<<JUNT 126,500.00 126,500.00 57,057.00 57,CJS7.00 290,860.63 295,365.43 295,365.43 MISCELLANEOUS CASH RECEI PTS AND DISBURSEMENTS DATE DESCRIPTION OTHER CASH RECEIPTS MISCELLANEOUS CASH RECEIPTS 12/01/06 CASH RECEIPT - OTHER RECEIPTS INTEREST FOR TRADE ERROR ON 11/22./06 FOl~M 0181P. Ii ii'H.1; TOTAL MISCELLANEOUS CASH RECEIPTS TOTAL OTHER CASH RECEIPTS M<<JUNT I 9.66 9.66 9.66

PAGE 9 OF 10 CITY OF ANAHEIM-ESCROW ACCOUNTING PERIOD: 12/01/06 THROUGH 12/31/06 ACCOUNT NUMBER: 13199905 CAPACITY: TRUSTEE INVESTMENTS PURCHASED DATE DESCRIPTION TOTAL U.S. GOVERNMENT SECURITIES TOTAL ACQUISITIONS BRa<ERAGE

.00

.00 ADMINISTRATOR: JANE ERWIN TELEPHONE NO: 415-273-2506 BOOK VALUE CASH MllUNT 9,700,000.00

-9,700,000.00 9,938,318.09

-9,938,318.09 THE LAST TRANSACTION UNDER THE INTEREST BEARING CASH REFLECTS THE TOTAL PURCHASES FOR THIS STATEMENT PERIOD ATTRIBUTED TO DAILY CASH MANAGEMENT.

PLEASE CONTACT YOUR ACCOUNT ADMINISTRATOR IF YOU WANT TO SEE THE DETAIL OF THE TRANSACTIONS.

INVESTMENTS SOLD SETILEMENT DATE DESCRIPTION INTEREST-BEARING CASH FEDERATED GOVT OBLIG IS IIA<T #5 12/01 /06 SOLO SHARES/UNITS OF 4,500,000.00 TRADE DATE 12/01/06 4.500,000 UNITS AT 1 %

12/ 11/06 SOLD SHARES/UNITS OF 137,943.00 TRADE DATE 12/11/06 137,943 UNITS AT 1 Y.

TOTAL FEDERATED GOVT OBLIG IS l.t.l<T #5 TOTAL INTEREST-BEARING CASH U.S. GOVERNMENT SECURITIES FNMA 2.28% 12/11/06 12/11/06 MATURED SHARES/UNITS OF 5.005.000.00 J.tiRt,- "! " f 111*>:-<,

PRIOR M<J VALUE BROKERAGE BOOK VALUE

.00

.00

.00

.00

.00 4,500.000.00 4,500,000 00 137,943.00 137.943.00 4,637,943.00 4,637,943.00 4,637,943.00 4,637,943.00 5.000,295.30 5,005.000.00 REALIZED G L:

TRANSACTION PRIOR M<T VALUE PROCEEDS BOOK VALUE 4.500,000.00 137,943.00 4,637,943.00 4,637,943.00 5,005,000.00

.00

.00

.00

.00

.00

.00

.00

.00 4,704.70

.00