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Equity Investments (using Equity Method) Equity Investments (at Fair Value) Fair Value Adjustment Equity Debt Investments (at Fair Value) Fair Value Adjustments Debt Debt Investments

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    • Equity Investments (using Equity Method)
    • Equity Investments (at Fair Value)
    • Fair Value Adjustment Equity
    • Debt Investments (at Fair Value)
    • Fair Value Adjustments Debt
    • Debt Investments (at Amortized Cost)
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On January 1, 2019, Nillis had the following 2 equity investments: 1. Number of Shares owned Cost per Share when purchased Market value per share on 12/31/2018 $17 $42 Jones Corporation RCV Industries 200 $23 $65 75 Nillis owns 2% of the outstanding stock of RCV and 23% of the outstanding stock of Jones Corporation. The remaining 77% of Jones stock is held primarily by heirs of the company's founder, who closely control the operations of the company and prevail in all shareholder matters. The following information is available about the performance of these 2 investments during 2019. 2019 Net Market value per share on 12/31/2019 $15 $75 Dividends paid Income $1,260,000 $15,900,000 Jones Corporation RCV Industries none $1.50 per share The RCV dividend was paid on 7/15/2019. Nillis anticipates they will sell the RCV stock by the end of 2020 to cash in on the substantial gain. The Jones stock will be held on the hopes that the price will rebound over the long term

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