Bethlen Almanac 1997 (Ligonier)
The Hungarian Reformed Federation of America
Commissions due to field workers 3,482 General expenses due & accrued 22,440 Adjustment due to foreign exchange rates 165,023 Liabilities for employees benefits 1,210,133 Interest maintenance reserve 292,481 Asset valuation reserve 350,291 Aggregate write-ins for liabilities 203.359 TOTAL LIABILITIES $ 14,962,303 UNASSIGNED FUNDS $ 8,241,632 SURPLUS KEY INDICATORS Assets $ 23,203,935 New insurance written 2,052,000 Insurance in force 45,080,000 Certificates in force 15,453 Investment income 1,312,703 Investment yield (%) 5.8 Solvency ratio 154.75 Unassigned funds - surplus 8,241,632 Mortality rate experience 68.7 Dues income 450,075 BENEFITS PAID TO MEMBERS Death $ 476.146 Matured 155,697 Surrender 194,062 STUDENT AID & LOAN FUND Financial Status - December 31,1996 Balance on checking account $ 5,188.58 12/31/1995 Income 1996 22,835.21 Disbursements 7,525.00 Balance 12/31/1996 $ 20,498.79 26
