Bethlen Almanac 1999 (Ligonier)

The Hungarian Reformed Federation of America

Statistics from the Annual Statement Year Ended December 31, 1998

• Total admitted assets

$23,760,992

• Total liabilities

14,704,745

• New investment income

1,531,983

• Unassigned funds (surplus)

9,056,247

• Net income

156,006

• Increase (decrease)

22,886

In capital and surplus • Insurance in force

44,513,385

• New insurance written in 1998

1,454,000

• Number of certificates in force: 14,675

• Number of certificates issued in 1998:196

Benefits paid to members in 1998:

Death

319,766

Matured

135,463

Surrender

132,778

Student Aid & Loan Fund of the HRFA

Balance on checking account

$

6,516.29

(12/31/97)

Income - 1998

9,907.00

Disbursements - 1998

10,500.00

Balance-12/31/1998

5,923.29

Savings Accounts of the Student Aid & Loan Fund

• Registered Bond 60,000.00

60M Pacific Bell

• Registered Bond 40,000.00

40M US Leasing

• RIMCO US Treasury MM 18,309.71

• Checking Account at

Riggs National Bank 5,923.29

TOTAL ASSETS as of 12/31/1998 $ 124,233.00

Suzanne V. Virgulák, Treasurer

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