Attached is the summary of cash balances held at 31 December
Cash balances decreased by approximately £1.1 million during the
month. Loan repayments, interest and other income was approximately
£20,000. Catch up dividend distributions were approximately
£188,000. Liquidation expenses were approximately £943,000.
Attached is the summary of the loan book position at 31 December
During December 2014, one facility was redeemed in part
realising approximately £18,000.
The loan tables shown have been converted to Sterling using
exchange rates as at 31 December 2014.
Given that the vast majority of assets have now been
realised, there are sometimes very little in the way of
developments from month to month. Accordingly, in order to save
costs, it has been decided that our standard website updates will,
in future, be published quarterly rather than monthly. This means
that the next standard update (i.e. with cash and loan book
figures) will be issued in April 2015 based on figures to 31 March
However, the website will be updated for any matters
of significance as they arise and the six monthly report to 9
January 2015 will be uploaded in early February.
The best way to make contact is to write to the bank at PO Box
197, Third Floor, Sixty Circular Road, Douglas, Isle of Man, IM99
1SN, or email email@example.com.
If you need to telephone the bank, please use the number +44 1624
699222. All other numbers in previous use are now switched off or
auto-forward to +44 1624 699222. Please be aware that all telephone
calls are recorded for security purposes.