STATEMENT OF NET WORTH OF: PETER PAN AND WENDY PAN AS AT 2008- 08 - 18
ASSETS
Fixed Property
Vehicles
Machinery
Equipment
Furniture
Other assets
Life insurance
policies
Loans
Shares
Credit balances/
deposits
Farm/ Plot no
District
Municipal
Valuation
Erf no 227
Ekhuruleni
R 450 000
Erf no 145
Leeupoort
R 350 000
Make model first year of registration
Toyota Condor 2.4 2005
Opel Corsa Lite
2005
Trailer
1988
Cell phones x 2, Laptop x 2, computer, projector, fax machine,
digital camera, video camera, printer, drum set, lawnmower, tools
Lounge suite x 2, sound system, TV x 3, fridge, washing machine,
dish washer, tumble dryer, beds x 3, dining room suite
Jewellery, fire arms, paintings, zebra skin
Company policy Maturity Amount
Number date
Old Mutual 012345 Life Policy 2000 000
Old Mutual 012236 Life Policy 3000 000
By whom due Interest rate Date payable
Paul Pan
10%
25/12/2009
Company Number held
Telkom
100 shares @ R 1 500 ea
Financial
Account
Institution
type
Standard Bank
Savings
Cash on hand
Present
value
Rand
1000 000
600 000
135 000
56 000
14 000
65 000
LIABILITIES
Mortgage
Farm/Plot no
Name of
bond/s
Bond Holder/s
Owing under
instalment
Sale/lease
agreements
70 000
Loans
32 000
Surrender
value
Owing on
credit cards
3 500
3 500
Maturity
Date
Erf no 227
Peter and Wendy Pan 2027
Erf no 145
Peter and Wendy Pan 2024
To whom owing
Interest
Instalment
Rate
amount
Honda Finance
22%
3 508.69
GMSA
18%
2 018.00
Furniture City
25%
2 300.00
Joshua Doore
22%
700.00
Game
18%
350.00
Foschini
24%
250.00
Name of
Interest
Instalment
financial institution
rate
amount
Standard Bank Overdraft 18.5%
200.00
Direct Axis
25%
1 041.00
Type Name of Limit Interest Instalment
of
company
rate
Amount
card
Blue Bean Standard 8 200 22%
368
Master Card Standard 58 500 19.5% 2900
Virgin Active ABSA 21 000 18.5% 1482
Amounts
Owing
Rand
500 000
375 000
118 000
35 000
12 000
4 500
4 000
2 300
6 500
30 000
6 400
52 000
18 000
10 000
Market Value
175 000
Liability for
Income tax
Other
Liabilities
Date last assessment paid:
June 2008 Peter Pan
June 2007 Wendy Pan
Description
Period
11 000
Terms of
repayment
7 000
2 500
TOTAL ASSETS R
TOTAL LIBILITIES
LESS TOTAL LIABILITIES R ___________
SURPLUS/DEFICIT OF ASSETS OVER LIABILITIES R ___________
SIGNATURE/S
Peter Pan
Wendy Pan
DATE: 18 August 2008