LL&E ROYALTY TRUST 2015 Tax Information
Roger D. Parsons, as Trustee for LL&E Royalty Trust 1-248-585-9900 x3121 Internet news source may be accessed at: www.irdirect.net/lrtr
TABLE OF CONTENTS Page
Highlights — Tax Matters Relating to LL&E Royalty Trust ............................................................................................
4
How To Compute 2015 Taxable Income (Taxpayers Receiving Units in the Original Distribution) ................................
8
Worksheets: Worksheet Worksheet Worksheet Worksheet
A: Computation of 2015 Taxable Income .......................................................................................... B: Computation of Cost Depletion..................................................................................................... C: Computation of Unit Owner’s Original Basis and Depletable Basis (for Units Acquired Prior to September 7, 1983) ................................................................................................................... D: Computation of Unit Owner’s Gain or (Loss) on Sale of Units ....................................................
11 12 15 16
Tables: Federal Tax and Cost Depletion Data Table Table Table Table Table Table Table Table
Ia: 2015 Partnership Income Amounts Per Unit ................................................................................. Ib: 2015 Trust Administrative Expense Amounts Per Unit ................................................................ II: 2015 Cost Depletion Rates (for all Unit owners, except corporations and nonresident aliens who received Units in the June 28, 1983 distribution) .................................................................. III: 2015 Cost Depletion Amounts Per Unit (for corporations and nonresident aliens who received Units in the June 28, 1983 distribution) .......................................................................... IV: Factors For Computing Unit Owner’s Basis (for all Unit owners, except corporations and nonresident aliens who received Units in the June 28, 1983 distribution)..................................... V: Net Basis Adjustment Per Unit (cash to accrual adjustment) ........................................................ VI: Allocation of Basis to Accounts Receivable (for all Unit owners who acquired Units on or after January 1, 1987) .................................................................................................................... VII: Allocation of Cost or Selling Price by Property ............................................................................
17 17 18 18 19 30 40 50
State Tax and Percentage Depletion Data Table VIII: 2015 Gross Royalty Income Amounts........................................................................................... Table IX: 2015 Net Trust Income Amounts .................................................................................................. Table X: 2015 Cost Depletion Rates — Jay Field (Alabama)...................................................................... Table XI: 2015 Cost Depletion Rates — Jay Field (Florida)......................................................................... Table XII: 2015 Cost Depletion Rates — South Pass 89 (Federal Only) ....................................................... Table XIII: 2015 Cost Depletion Rates — Offshore Louisiana (Federal Only) ...............................................
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51 51 52 52 53 53
LL&E ROYALTY TRUST 2015 Federal Income Tax Information LL&E Royalty Trust (the “Trust”) was created on June 28, 1983 pursuant to a trust agreement between Burlington Resources, Inc., formerly The Louisiana Land and Exploration Company (the “Company”) and The Bank of New York Trust Company, N.A. formerly JPMorgan Chase Bank, formerly Texas Commerce Bank National Association, successor in interest to New First City Texas-Houston, N.A., as Trustee (the “Trustee”). Upon creation of the Trust, the Company conveyed to the Trust various overriding royalty interests (equivalent to net profits interests) in certain productive oil and gas properties and a 3 percent royalty interest in certain fee lands owned by the Company (collectively referred to herein as the “Royalties”). LL&E Royalty Partnership (the “Partnership”) holds title to the Royalties. The Trust and the Company are the only partners, with respective interests of 99 percent and 1 percent. The Trust is a fixed-investment grantor trust and the Trustee has only such powers as are necessary for the collection and distribution of revenues from the Royalties, the payment of Trust liabilities and the conservation and protection of the Trust corpus. Manner of Presentation of Tax Data This booklet contains worksheets and specific instructions designed to help Unit owners compute their 2015 taxable income. All Unit owners will use this booklet to compute their income from the Royalties, Trust administrative expenses, and depletion deduction. Furthermore, Unit owners who sold Units during 2015 will use this booklet to compute gain or loss on sale. Calculations on the worksheets included in this booklet usually consist of multiplying the appropriate table amounts by the number of Units in each block held by the owner. If you owned different blocks of Units purchased at different times, you must make your computations for each separate block or period. The tables included in this booklet typically set forth the tax data by means of “per Unit” factors or amounts. To determine the appropriate factor or amount applicable to a Unit, you must locate in the left margin of the table the time period correlating to the date of acquisition of a particular Unit. After finding this date, read across the row to the column corresponding to the last monthly cash distribution you received with respect to that Unit. THE INSTRUCTIONS CONTAINED IN THIS BOOKLET ARE DESIGNED TO ASSIST UNIT OWNERS IN THEIR INCOME TAX COMPLIANCE AND ARE MERELY RECOMMENDATIONS. THE CORRECTNESS OF RETURNS PREPARED IN CONFORMITY WITH THESE INSTRUCTIONS MAY BE QUESTIONED BY TAX AUTHORITIES. A UNIT OWNER SHOULD CONSULT THEIR OWN ADVISOR ON ALL TAX COMPLIANCE MATTERS. Roger D. Parsons, Trustee 354 Indusco Ct Troy, MI 48083
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HIGHLIGHTS Tax Matters Relating to LL&E Royalty Trust The Trust and the Partnership For income tax purposes, the Trust is treated as a grantor trust. Each Unit owner of a grantor trust is taxable on a pro rata share of the income and deductions thereof. Thus, each Unit owner is treated as a partner in the Partnership and, as a result, each Unit owner must take into account their pro rata share of all items of Partnership income and deduction in computing their federal income tax liability. Since the transfer of a Unit also represents a transfer of an interest in the Partnership, the Partnership is considered a publicly-traded partnership for federal income tax purposes. The amount of income a Unit owner is required to include as income from the Partnership is based on the taxable year of the Partnership (which ends with or within the taxable year of the Unit owner) and the Partnership’s method of accounting. The Partnership determines taxable income on a calendar year basis. Therefore, a Unit owner with a taxable year other than the calendar year reports its portion of the Partnership’s income and deductions in its taxable year in which the Partnership’s taxable year ends. If a Unit owner acquired a Unit or disposed of a Unit during the year, a short period computation is required. Thus, monthly data has been provided. The Partnership is required to use the accrual method of accounting. Therefore, each Unit owner must also recognize, for federal income tax purposes, their share of the Partnership’s income on the accrual basis method of accounting. Partnership Income and Cash Distributions During 2015, Unit owners who held their Units on each record date received no cash distributions per Unit and recognized approximately $.0137 per Unit of taxable loss (before deducting depletion). Each year, there is a difference in the amount of cash distributed and taxable income before depletion reported because the Partnership must utilize the accrual method of accounting for tax purposes. Under the accrual method, the partnership’s monthly taxable income is determined based on minerals actually produced and sold that month. Cash distributions of income to Unit owners, however, do not occur until three months after the month in which minerals are produced and sold. Because the Partnership uses the accrual method to report income, cash distributions received will differ from income reported to Unit owners for income tax purposes. For the year 2015, taxable income from the Partnership was less than cash receipts because income from minerals produced and sold in the last quarter of 2015 (for which cash is not available for distribution until 2016) was less than income from minerals produced and sold in the last quarter of 2014 (for which cash was available for distribution in 2015). The Trustee has advanced funds to the Trust to enable the Trust to pay certain administrative expenses. To illustrate the effect of the difference in timing of income recognition (accrual method) and the actual distribution of partnership income, the following reconciliation is provided: 2015 Accrual Basis to Cash Per Unit Reconciliation 2015 partnership income (accrual basis).................................................................................................... Add: 2014 partnership income distributed in 2015.................................................................................... Subtract: 2015 partnership income distributed in 2016 ............................................................................. Add: 2015 amounts advanced to trust ........................................................................................................ Less: Trust administrative expenses .......................................................................................................... 2015 Cash basis income ............................................................................................................................. 2015 Actual cash distributions ...................................................................................................................
4
$ $ $ $ $ $ $
— — — 0.0137 (0.0137) — —
Classification of Partnership Income Rulings received from Internal Revenue Service confirm that the Trust is a fixed-investment grantor trust which is prohibited from engaging in any business or other investment activity. Royalty income (such as that flowing through the Trust) not derived from a trade or business is characterized as portfolio income rather than passive activity income. As a result, income from the Trust should be characterized as portfolio income for federal income tax purposes. Tax-exempt organizations are subject to tax on their unrelated business income. Previously, income and deductions from publicly traded partnership interests acquired by tax-exempt organizations after December 17, 1987 were automatically treated as unrelated business income and deductions. Effective for partnership years beginning after 1993, income and deductions from publicly traded partnerships are no longer automatically treated as unrelated business income and deductions. As a result, tax-exempt Unit owners should consult their tax advisors to determine if they are subject to tax on net income attributable to Units in the Trust. Depletion Each Unit owner is entitled to a depletion deduction. The allowable deduction is generally calculated as the greater of the amount determined under the cost method or percentage method. All Unit owners may use the cost method but only those Unit owners acquiring Units after October 11, 1990 may utilize the percentage method to calculate their depletion deduction. These Unit owners calculate their depletion deduction for each property under both the cost and percentage methods to determine which provides the greater deduction. Cost Method The depletion deduction determined under the cost method is computed separately for each Unit owner using the Unit owner’s depletable basis in each Royalty property. Unit owners acquiring Units in the original distribution are not eligible to use the percentage method. Unit owners acquiring Units in the original distribution who held such Units at least through December 4, 2015 (except for foreign corporations and nonresident aliens) should use the worksheet titled “How To Compute 2015 Taxable Income” to compute their allowable depletion deduction under the cost method. Worksheet B will assist other Unit owners in calculating their depletion deduction under the cost method. Units Acquired Prior To September 7, 1983 (Except for Domestic Corporations and Nonresident Aliens Receiving Units in the June 28, 1983 Distribution) — Although the Trust was not created until June 28, 1983, income from the Royalties accrued from April 1, 1983. The Company (rather than the Unit owners) was taxed on the income accrued from April 1, 1983 through June 28, 1983. The subsequent distributions which were attributable to production during the April 1 through June 28 period are referred to herein as the “Cash Payment Rights”. Since the Cash Payment Rights do not represent taxable income to the Unit owners, the receipt of the Cash Payment Rights resulted in a nontaxable return of capital and a corresponding reduction of a Unit owner’s tax basis. If you acquired Units anytime before September 7, 1983 (except for Units owners who are corporations or nonresident aliens receiving Units in the initial June 28, 1983 distribution), you must use Worksheet C to determine your original basis (taking into account the effects of the Cash Payment Rights) and your depletable basis before calculating your depletion deduction under the cost method on Worksheet B. Units Acquired After September 6, 1983 — The basis of Unit owners who acquired Units subsequent to September 6, 1983 should not be reduced by any Cash Payment Rights. The amount paid for each Unit purchased will be the original basis in such Units. Domestic Corporations Receiving Units in the June 28, 1983 Distribution — For a domestic corporation receiving Units in the June 28, 1983 distribution, the cost depletion deduction per Unit is set forth in Table III.
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Percentage Method Unit owners who acquired their Units after October 11, 1990, may be entitled to claim a depletion deduction calculated based on the percentage method (if it results in a greater deduction than that determined under the cost method). The depletion deduction available under the percentage method is determined by multiplying the gross income from each property by a statutory percentage rate (currently 15 percent). The actual depletion deduction available is limited to the lesser of this amount or the net income from the property. However, percentage depletion deductions may not exceed 65% of a Unit owner’s taxable income from all sources. Any amount disallowed due to the 65% limit may be carried forward to future tax years. Information to compute depletion with respect to such Units under the percentage method is included in Tables VIII and IX. Table VIII reflects gross income by month for each property. Table IX reflects net income by month for each property. The depletion deduction determined under the percentage method should be compared to the deduction determined under the cost method for each property for the relevant period. The depletion deduction with respect to such Units acquired after October 11, 1990, will be the greater of the amount determined under the cost or percentage method for each property. Sale of Units If a Unit owner sold Units during the year, the realized gain or loss is the difference between the selling price and the adjusted basis of the Units sold. To calculate the adjusted basis of your Units, an adjustment is required to reflect the difference between amounts reported as taxable income and actual cash distributions (the “Net Basis Adjustment”). Worksheet D will assist a Unit owner in calculating gain or loss on the sale of Units. Internal Revenue Code Section 1254 provides that depletion deductions claimed for property placed in service after December 31, 1986 generally must be recaptured as ordinary income upon disposition of the property. However, the Section 1254 depletion recapture provisions do not apply to property placed in service after December 31, 1986 if it was acquired pursuant to a binding written contract entered into before September 25, 1985. Because the Partnership acquired the Royalties before September 25, 1985, it does not appear that a Unit owner will be subject to this provision. However, little guidance exists as to the interpretation of this provision. Therefore, Unit owners should consult their tax advisors with respect to the potential application of this provision. Table VII presents allocation factors for properties owned by the Partnership. These allocation factors are based primarily on the projected future net revenues from proved reserves at the beginning of specified periods, as estimated by petroleum engineers. These relative estimated amounts are provided to assist Unit owners in determining gain or loss allocable to state jurisdictions upon disposition of a Unit, in computing allocation factors for state income or franchise tax purposes, and in otherwise fulfilling tax obligations. Basis of Unit Owners To allow a Unit owner to recover their investment through cost depletion, the Partnership has made an election under Internal Revenue Code Section 754. The tables in this booklet include the effect of such election. In connection with that election, the regulations under Internal Revenue Code Section 743 require that a purchasing Unit owner must notify the partnership within 30 days of the sale or exchange and include a statement in their income tax return for the year of purchase indicating the allocation of their purchase price among the various assets of the Partnership. The statement should indicate that a Section 754 election has been made by the Partnership in connection with the purchase of a Unit in the Trust and that information regarding the allocation of the purchase price is maintained by the Partnership. The Internal Revenue Service has ruled that a partner must maintain a single aggregate adjusted tax basis in partnership interests acquired in multiple transactions. Upon a sale of a portion of such aggregate interest, such partner would be required to allocate their aggregate tax basis between the interest sold and the interest retained by some equitable apportionment method such as the relative fair market values of such interests on the date of sale. It is unclear whether the ruling would apply to owners of publicly traded units of beneficial interests in a trust (such as the Trust) which owns interests in a partnership (such as the Partnership). More recently, the Internal Revenue Service issued final regulations affecting the determination of the holding period of partnership interests. These regulations have specific provisions relating to partners of publicly traded partnerships. Unit owners disposing of units during the year should consult their tax advisors as to the application of the ruling with respect to basis allocation, and the new regulations with respect to holding period.
6
WHFIT Classification The Trustee assumes that some Units are held by middlemen, as such term is broadly defined in the U.S. Treasury Regulations. Such middlemen may include custodians, nominees, certain joint owners, and brokers holding an interest for a custodian in street name. Therefore, the Trustee considers the Trust to be a widely held fixed investment trust (“WHFIT”) classified as a non-mortgage widely held fixed investment trust (“NMWHFIT”) for federal income tax purposes. Roger D. Parsons (“Trustee”), 354 Indusco Ct, Troy, MI 48083, telephone number 248-585-9900 x3121, is the representative of the Trust that will provide tax information in accordance with the applicable U.S. Treasury Regulations governing the information reporting requirements of the trust as a WHFIT and NMWHFIT. Notwithstanding the foregoing, the middlemen holding Units on behalf of Unit owners, and not the Trustee of the Trust, are solely responsible for complying with the information reporting requirements under the U.S. Treasury Regulations with respect to such Units, including the issuance of IRS Forms 1099 and certain written tax statements. Unit owners whose Units are held by middlemen should consult with such middlemen regarding the information that will be reported to them by the middlemen with respect to the Units. Nonresident State Income Tax Returns Because the Partnership owns interests in various jurisdictions, Unit owners may have to file a return in jurisdictions other than their state of residence.. Tables VIII-XIII provide information to determine income by property which can be used to determine a Unit owner’s income in each state. Each Unit owner should consult their individual tax advisor regarding the requirements for filing state income tax returns in their state of residence and the states from which the Trust’s income is derived. Foreign Persons The federal and state income taxation of nonresident aliens and foreign corporations is highly complex and it is recommended that such persons or entities consult their tax advisors.
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LL&E ROYALTY TRUST 2015 Tax Information HOW TO COMPUTE 2015 TAXABLE INCOME (Taxpayers Receiving Units in the Original Distribution) When and how a Unit owner acquired Trust Units determines the parts of this booklet needed to compute taxable income. The following will help determine which parts apply to you. I.
A taxpayer receiving Units in the initial June 28, 1983 distribution, who is not a corporation or nonresident alien, and holding such Units at least through December 4, 2015 has the following federal income tax items to report for such Units:
Per Unit
Item of Income or Expense
Partnership Income ................................................................. Trust Administrative Expenses (show as a reduction to your Partnership Income) ..................................................... Cost Depletion (show as a reduction to your Partnership Income) ................................................................................... II.
$ .0000 $ .0137 $ .0000
Number of Units Owned
Total
Where to Enter on Form 1040 (See Example on Page 7)
Part II, × __________ = $__________ Schedule E Part II, × __________ = $__________ Schedule E Part II, × __________ = $__________ Schedule E
All domestic corporations receiving Units in the initial June 28, 1983 distribution and holding such Units at least through December 4, 2015 have the following income tax items to report for such Units: Per Unit
Item of Income or Expense
Number of Units Owned
Total
Partnership Income ............................................................................................. $ .0000 × __________ = $__________ Trust Administrative Expenses .......................................................................... $ .0137 × __________ = $__________ Cost Depletion ...................................................................................................... $ .0000 × __________ = $__________ III. Unit owners that are not in Groups I or II above must use Worksheets A and B to determine taxable income. Computation of taxable income is on Worksheet A, and computation of cost depletion is on Worksheet B. Unit owners that are not in Groups I or II above, acquiring Units anytime before September 7, 1983, should complete Worksheet C before completing Worksheet A or Worksheet B. Other Unit owners should proceed first to Worksheet B before completing Worksheet A.
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EXAMPLE — SCHEDULE E (FORM 1040) REPORTING
The above illustration is for a taxpayer, who is not a corporation or nonresident alien, receiving 100 Units in the initial June 28, 1983 distribution and holding such Units at least through December 4, 2015.
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Items of 2015 income or expense were calculated as follows: Per Unit
Item of Income or Expense
Partnership Income ......................................................... $ .0000 × Trust Administrative Expenses (show as a reduction to your Partnership Income)....................... $ .0137 × Cost Depletion (show as a reduction to your Partnership Income) ..................................................... $ .0000 ×
10
Number of Units Owned
Total
100
=
$ 0.00
100
=
$ 1.37
100
=
$ 0.00
Where to Enter on Form 1040
Part II, Schedule E Part II, Schedule E Part II, Schedule E
LL&E ROYALTY TRUST 2015 TAX INFORMATION
WORKSHEET A COMPUTATION OF 2015 TAXABLE INCOME THIS WORKSHEET COVERS ___________________ UNITS ACQUIRED ________________________ (See Specific Instructions Below)
Table Factor
Item of Income or Expense
1. Partnership Income (Table Ia) ...................................... 2. Trust Administrative Expenses (Table Ib) ................... 3. Cost Depletion Deduction (Worksheet B) ....................
Number of Units Owned
Total (Multiply Number of Units by Table Factor)
Where to Enter on Form 1040. (See Specific Instructions)
Schedule E, Part II Schedule E, Part II $___________× __________ = $___________ Schedule E, $___________ Part II
$___________× __________ = $___________
SPECIFIC INSTRUCTIONS • If you own Units in several blocks or the number of Units you own in a single block changed during the year, you should reproduce the necessary copies of this worksheet and complete a separate worksheet for each block of Units acquired on a different date or at a different price or held for a different period. • The factor amounts from Tables Ia and Ib are the components of taxable income allocable to you on a per Unit basis. • Use Worksheet B to calculate your cost depletion deduction. • References are to the 2015 Form 1040, Schedule E (Supplemental Income Schedule). An illustration of how to fill out Form 1040 Schedule E is included herein. Corporations, partnerships and trusts and estates should refer to Internal Revenue Service instructions for Forms 1120, 1065 and 1041, respectively, for proper reporting of income of the Trust.
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LL&E ROYALTY TRUST 2015 TAX INFORMATION
WORKSHEET B COMPUTATION OF COST DEPLETION THIS WORKSHEET COVERS ___________________ UNITS ACQUIRED ________________________ (See Specific Instructions on Page 10) Group I:
For all Unit owners acquiring Units prior to September 7, 1983, except corporations which received Units in the June 28, 1983 distribution and except nonresident aliens who received Units in the June 28, 1983 distribution. A. Depletable basis (Worksheet C, line 5) .......................................................................................... $ B. Cost depletion rate (Table II) ......................................................................................................... C. Cost depletion deduction (multiply line A by line B. Transfer amount to Worksheet A, line 3) ... $
Group II: For all Unit owners acquiring Units after September 6, 1983. A. Original cost of Units ..................................................................................................................... B. Factor for computing Unit Owner’s basis (Table IV) .................................................................... C. Basis before Accounts Receivable Adjustment (multiply line A by line B) .................................. D. Less: Allocation of Basis to Accounts Receivable (Table VI factor × line A amount) .................. E. Depletable basis (line C less line D)............................................................................................... F. Cost depletion rate (Table II) .......................................................................................................... G. Cost depletion deduction (multiply line E by line F. Transfer amount to Worksheet A, line 3) ....
$ $ $ $ $
Group III: Domestic corporations which received Units in the June 28, 1983 distribution. A. Cost depletion amount per Unit (Table III).................................................................................... $ B. Number of Units owned ................................................................................................................. C. Cost depletion deduction (multiply line A by line B. Transfer amount to Worksheet A, line 3) ... $ Group IV: Foreign corporations which received Units in the June 28, 1983 distribution and nonresident aliens who received Units in the June 28, 1983 distribution. A. Cost depletion amount per Unit (see instructions for Group IV) ................................................... $ B. Number of Units owned ................................................................................................................. C. Cost depletion deduction (multiply line A by line B. Transfer amount to Worksheet A, line 3) ... $
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LL&E ROYALTY TRUST 2015 TAX INFORMATION WORKSHEET B SPECIFIC INSTRUCTIONS If you own Units in several blocks or the number of Units you own in a single block changed during the year, you should reproduce the necessary copies of Worksheet B and complete separate worksheets for each block of Units acquired on a different date or at a different price or held for a different period. Group I instructions: •
Calculate your depletable basis on Worksheet C and enter on line A.
•
Enter your cost depletion factor from Table II on line B.
•
Determine your cost depletion deduction by multiplying your basis on line A by the cost depletion factor on line B and enter on line C.
Group II instructions: •
Enter your original cost of acquisition on line A.
•
Enter your factor for computing Unit owner’s basis from Table IV on line B.
•
Determine your basis before accounts receivable adjustment on line C by multiplying your basis on line A by the factor for computing Unit owner’s basis on line B.
•
Determine your allocation of basis to accounts receivable on line D by multiplying your basis on line A by the Table VI factor.
•
Determine your depletable basis on line E by subtracting line D from line C.
•
Enter your cost depletion rate from Table II on line F.
•
Determine your cost depletion deduction by multiplying your depletable basis on line E by the cost depletion factor on line F and enter on line G.
Group III instructions: •
Enter the cost depletion amount per Unit from Table III on line A.
•
Enter the number of Units you own on line B.
•
Determine your cost depletion deduction by multiplying the depletion amount per Unit on line A by the number of Units owned on line B and enter on line C.
Group IV instructions: •
1. 2. 3. 4.
To compute the Group IV cost depletion amount per Unit for use on line A, you must combine the cost depletion amount per Unit from Table III, and the cost depletion amount per Unit attributable to your tax on the initial June 28, 1983 distribution (the lesser of the tax withheld per your 1983 Form 1042S or your actual 1983 tax) as follows:
Cost depletion amount per Unit from Table III ........................................................................ Tax per Unit on initial June 28, 1983 distribution .................................................................... Factor for computing Unit Owner’s basis ................................................................................. Remaining depletable amount (multiply line 2 by line 3)......................................................... 13
$___________ $___________ ×.03524 __________
5. Cost depletion rate from Table II .............................................................................................. 6. Cost depletion amount per Unit on tax (line (4) multiplied by line (5)) ................................... 7. Cost depletion amount per Unit for Group IV, Worksheet B, line A (sum of lines (1) and (6)) .........................................................................................................
____________ $___________ $___________
•
Enter the number of Units you own on line B.
•
Determine your cost depletion deduction by multiplying the cost depletion amount per Unit on line A by the number of Units owned on line B and enter on line C.
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LL&E ROYALTY TRUST 2015 TAX INFORMATION
WORKSHEET C COMPUTATION OF UNIT OWNER’S ORIGINAL BASIS AND DEPLETABLE BASIS (FOR UNITS ACQUIRED PRIOR TO SEPTEMBER 7, 1983) THIS WORKSHEET COVERS ___________________ UNITS ACQUIRED ________________________ (See Specific Instructions Below) 1. Amount of taxable dividend on original distribution of Units or cost of acquisition (See Specific Instructions below).
$ ________________
2. Less: Cash Payment Rights attributable to the distribution a. For July, 1983 distribution .................. $.07886 × ______________
Units =
$ (________________)
b. For August, 1983 distribution ............. $.09217 × ______________
Units =
$ (________________)
c. For September, 1983 distribution........ $.07039 × ______________
Units =
$ (________________)
3. Original basis (line 1 less lines 2a, 2b and 2c).
$ ________________
4. Factor for Computing Unit Owner’s Basis (Table IV)
________________
5. Depletable Basis (multiply line 3 by line 4)
$ ________________ SPECIFIC INSTRUCTIONS
• If you own Units in several blocks or the number of Units you own in a single block changed during the year, you should reproduce the necessary copies of this worksheet and complete separate worksheets for each block of Units acquired on a different date or at a different price or held for a different period. • For Units acquired in the original distribution on June 28, 1983, line 1 should be the amount of the 1983 taxable dividend on the original distribution ($13.125 per Unit for individual Unit owners and $.77847 per Unit for corporate or nonresident alien Unit owners) multiplied by the number of Units distributed to you. For Units purchased prior to September 7, 1983, line 1 should be the amount you paid for the Units. • If you received a July, 1983 cash distribution, you must multiply $.07886 by the number of Units you held and enter the amount on line 2a. • If you received an August, 1983 cash distribution, you must multiply $.09217 by the number of Units you held and enter the amount on line 2b. • If you received a September, 1983 cash distribution, you must multiply $.07039 by the number of Units you held and enter the amount on line 2c. • Unit owners included in Group I, Worksheet B, should transfer the line 5 amount to Worksheet B, Group I, line A to compute cost depletion. NOTE:
This worksheet should be preserved indefinitely as part of a Unit owner’s tax records to permit computation of cost depletion allowances and determination of gain or loss upon disposition of Units.
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LL&E ROYALTY TRUST 2015 TAX INFORMATION
WORKSHEET D COMPUTATION OF UNIT OWNER’S GAIN OR (LOSS) ON SALE OF UNITS THIS WORKSHEET COVERS UNITS ACQUIRED (See Specific Instructions Below) 1. AMOUNT REALIZED FROM SALE OF UNITS
$ ________________
2. ADJUSTED BASIS: a. Original basis ...................................................................................... $ ________________ b. Factor For Computing Unit Owner’s Basis (Table IV) ......................
________________
c. Basis Before Other Adjustments (line 2a multiplied by line 2b) ........ $ ________________ d. Plus/Minus: Net Basis Adjustment ____________ X _____________ Units Sold = ................................ $ ________________ (Table V) e. Minus: 2015 Depletion ....................................................................... $ (________________) f. Adjusted Basis (line 2c plus / minus line 2d minus line 2e) ......................................................... $ ________________ 3. GAIN OR (LOSS) (line 1 minus line 2f) ................................................................................
$ ________________
SPECIFIC INSTRUCTIONS • If you own Units in several blocks or the number of Units you own in a single block changed during the year, you should reproduce the necessary copies of this worksheet and complete a separate worksheet for each block of Units acquired on a different date or at a different price or held for a different period. • Enter the amount realized from the sale of Units on line 1. • For Unit owners who acquired their Units before September 7, 1983, see Worksheet C, line 3 to compute original basis on line 2a. For Unit owners who acquired their Units subsequent to September 6, 1983, original basis on line 2a is equal to the purchase price of the Units. • Enter your Factor For Computing Unit Owner’s Basis from Table IV on line 2b. • Determine your Basis Before Other Adjustments on line 2c by multiplying your Original Basis on line 2a by your Factor For Computing Unit Owner’s Basis on line 2b. • Determine your Net Basis Adjustment on line 2d by multiplying the Net Basis Adjustment Factor from Table V by the number of Units sold. • Enter the amount of your 2015 depletion deduction on line 2e. • Determine your Adjusted Basis on line 2f by adding/subtracting line 2d and subtracting line 2e from line 2c. • Determine your Gain or (Loss) by subtracting line 2f from line 1.
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LL&E ROYALTY TRUST
2015 TAX INFORMATION
TABLE Ia 2015 PARTNERSHIP INCOME AMOUNTS PER UNIT LL&E ROYALTY PARTNERSHIP EIN 72-0970033 (Cumulative) For Unit acquired of record not on/after Inception Jan. 6 Feb. 6 Mar. 6 Apr. 7 May. 6 Jun. 6 Jul. 7 Aug. 6 Sep. 5 Oct. 6 Nov. 6
later than - Jan. 5, '15 - Feb. 5 - Mar. 5 - Apr. 6 - May 5 - Jun. 5 - Jul. 6 - Aug. 5 - Sep. 4 - Oct. 5 - Nov. 5 - Dec. 4
Month in which last 2015 distribution was received 2015 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
$.00000
$.00000 .00000
$.00000 .00000 .00000
$.00000 .00000 .00000 .00000
$.00000 .00000 .00000 .00000 .00000
$.00000 .00000 .00000 .00000 .00000 .00000
$.00000 .00000 .00000 .00000 .00000 .00000 .00000
$.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
$.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
$.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
$.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
$.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
TABLE Ib 2015 TRUST ADMINISTRATIVE EXPENSE AMOUNTS PER UNIT (Cumulative) For Unit acquired of record not on/after Inception Jan. 6 Feb. 6 Mar. 6 Apr. 7 May. 6 Jun. 6 Jul. 7 Aug. 6 Sep. 5 Oct. 6 Nov. 6
later than - Jan. 5, '15 - Feb. 5 - Mar. 5 - Apr. 6 - May 5 - Jun. 5 - Jul. 6 - Aug. 5 - Sep. 4 - Oct. 5 - Nov. 5 - Dec. 4
Month in which last 2015 distribution was received 2015 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
$.00014 . . . . . . . . . . .
$.00542 .00527
$.00586 .00572 .00044
$.00586 .00572 .00044 .00000
$.00765 .00751 .00224 .00179 .00179
$.00830 .00816 .00289 .00244 .00244 .00065
$.00962 .00948 .00420 .00376 .00376 .00197 .00132
$.00962 .00948 .00420 .00376 .00376 .00197 .00132 .00000
$.01360 .01346 .00818 .00774 .00774 .00595 .00530 .00398 .00398
$.01360 .01346 .00818 .00774 .00774 .00595 .00530 .00398 .00398 .00000
$.01366 .01352 .00824 .00780 .00780 .00601 .00536 .00404 .00404 .00006 .00006
$.01367 .01353 .00826 .00781 .00781 .00602 .00537 .00405 .00405 .00007 .00007 .00001
17
LL&E ROYALTY TRUST 2015 TAX INFORMATION
TABLE II 2015 COST DEPLETION RATES (For all unit owners, except corporations and nonresident aliens who received Units in the June 28, 1983 distribution) (Cumulative) For Unit acquired of record not on/after Inception
later than - Dec. 4, '15
Month in which last 2015 distribution was received 2015 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
.00000
.00000
.00000
.00000
.00000
.00000
.00000
.00000
.00000
.00000
.00000
.00000
Aug
Sep
Oct
Nov
Dec
$.00000
$.00000
$.00000
$.00000
$.00000
LL&E ROYALTY TRUST 2015 TAX INFORMATION
TABLE III 2015 COST DEPLETION AMOUNTS PER UNIT (For corporations and nonresident aliens who received Units in the June 28, 1983 distribution) (Cumulative)
Jan Cumulative cost depletion per Unit
$.00000
Month in which last 2015 distribution was received 2015 Feb Mar Apr May Jun Jul $.00000
$.00000
$.00000
$.00000
$.00000
18
$.00000
LL&E ROYALTY TRUST 2015 TAX INFORMATION
TABLE IV FACTORS FOR COMPUTING UNIT OWNER'S BASIS (For all unit owners, except corporations and nonresident aliens who received Units in the June 28, 1983 distribution)
For Unit acquired of record not later than on/after
Jay Field (Alabama)
Jay Field (Florida)
South Pass 89 (Federal)
Offshore Fee Louisiana Lands (Federal) (Louisiana)
Total
Inception Sep. 7 Oct. 6 Nov. 8
- Sep. 6, '83 - Oct. 5 - Nov. 7 - Dec. 5
.00065 .00065 .00065 .00065
.03459 .03460 .03505 .03531
.00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000
.03524 .03525 .03570 .03596
Dec. 6, '83 Jan. 6 Feb. 7 Mar. 6 Apr. 6 May 8 Jun. 6 Jul. 6 Aug. 7 Sep. 6 Oct. 6 Nov. 6
- Jan. 5, '84 - Feb. 6 - Mar. 5 - Apr. 5 - May 7 - Jun. 5 - Jul. 5 - Aug. 6 - Sep. 5 - Oct. 5 - Nov. 5 - Dec. 5
.00060 .00060 .00060 .00060 .00061 .00062 .00063 .00063 .00064 .00064 .00065 .00065
.03083 .03115 .03144 .03172 .03221 .03264 .03310 .03360 .03406 .03452 .03509 .03556
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.03143 .03175 .03204 .03232 .03282 .03326 .03373 .03423 .03470 .03516 .03574 .03621
Dec. 6, '84 Jan. 8 Feb. 6 Mar. 6 Apr. 9 May 7 Jun. 6 Jul. 6 Aug. 6 Sep. 6 Oct. 8 Nov. 6
- Jan. 7, '85 - Feb. 5 - Mar. 5 - Apr. 8 - May 6 - Jun. 5 - Jul. 5 - Aug. 5 - Sep. 5 - Oct. 7 - Nov. 5 - Dec. 5
.00065 .00065 .00065 .00067 .00069 .00069 .00069 .00070 .00073 .00073 .00075 .00076
.03595 .03647 .03692 .03741 .03808 .03872 .03946 .04031 .04125 .04196 .04278 .04358
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.03660 .03712 .03757 .03808 .03877 .03941 .04015 .04101 .04198 .04269 .04353 .04434
(Continued)
19
LL&E ROYALTY TRUST 2015 TAX INFORMATION
TABLE IV FACTORS FOR COMPUTING UNIT OWNER'S BASIS (For all unit owners, except corporations and nonresident aliens who received Units in the June 28, 1983 distribution)
For Unit acquired of record not later than on/after
Jay Field (Alabama)
Jay Field (Florida)
South Pass 89 (Federal)
Offshore Fee Louisiana Lands (Federal) (Louisiana)
Total
Dec. 6, '85 Jan. 7 Feb. 6 Mar. 6 Apr. 8 May 6 Jun. 6 Jul. 8 Aug. 6 Sep. 6 Oct. 7 Nov. 6
- Jan. 6, '86 - Feb. 5 - Mar. 5 - Apr. 7 - May 5 - Jun. 5 - Jul. 7 - Aug. 5 - Sep. 5 - Oct. 6 - Nov. 5 - Dec. 5
.00069 .00070 .00077 .00083 .00092 .00101 .00102 .00114 .00125 .00143 .00159 .00178
.03906 .04317 .04690 .05253 .05906 .06221 .06282 .06681 .07003 .07539 .08196 .08771
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.03975 .04387 .04767 .05336 .05998 .06322 .06384 .06795 .07128 .07682 .08355 .08949
Dec. 6, '86 Jan. 6 Feb. 6 Mar. 6 Apr. 7 May 6 Jun. 6 Jul. 7 Aug. 6 Sep. 9 Oct. 6 Nov. 6
- Jan. 5, '87 - Feb. 5 - Mar. 5 - Apr. 6 - May 5 - Jun. 5 - Jul. 6 - Aug. 5 - Sep. 8 - Oct. 5 - Nov. 5 - Dec. 7
.00075 .00062 .00058 .00055 .00054 .00050 .00041 .00037 .00000 .00047 .00054 .00081
.02069 .02080 .02065 .02072 .02055 .01988 .01915 .01697 .01440 .01300 .01109 .00918
.01508 .01310 .01320 .01539 .01711 .01832 .01675 .01760 .01840 .01918 .01893 .02448
.00741 .00644 .00649 .00756 .00841 .00900 .00823 .00865 .00934 .00943 .00930 .01203
.00461 .00401 .00404 .00471 .00523 .00560 .00512 .00538 .00563 .00587 .00579 .00749
.04863 .04505 .04504 .04902 .05194 .05341 .04976 .04908 .04788 .04806 .04576 .05414
Dec. 8, '87 Jan. 6 Feb. 6 Mar. 8 Apr. 6 May 6 Jun. 7 Jul. 7 Aug. 6 Sep. 7 Oct. 6 Nov. 8
- Jan. 5, '88 - Feb. 5 - Mar. 7 - Apr. 5 - May 5 - Jun. 6 - Jul. 6 - Aug. 5 - Sep. 6 - Oct. 5 - Nov. 7 - Dec. 5
.00238 .00238 .00246 .00248 .00253 .00254 .00268 .00274 .00279 .00282 .00295 .00283
.07389 .07485 .07700 .07835 .07981 .08129 .08362 .08509 .08710 .08884 .09131 .09069
.01455 .01341 .01452 .01443 .01437 .01393 .01519 .01531 .01593 .01576 .01728 .01485
.00688 .00634 .00686 .00682 .00679 .00658 .00718 .00724 .00753 .00745 .00817 .00702
.00313 .00288 .00312 .00310 .00309 .00299 .00327 .00329 .00342 .00339 .00371 .00319
.10090 .09993 .10403 .10525 .10666 .10740 .11202 .11375 .11685 .11834 .12351 .11865
(Continued)
20
LL&E ROYALTY TRUST 2015 TAX INFORMATION
TABLE IV FACTORS FOR COMPUTING UNIT OWNER'S BASIS (For all unit owners, except corporations and nonresident aliens who received Units in the June 28, 1983 distribution)
For Unit acquired of record not later than on/after
Jay Field (Alabama)
Jay Field (Florida)
South Pass 89 (Federal)
Offshore Fee Louisiana Lands (Federal) (Louisiana)
Total
Dec. 6, '88 Jan. 6 Feb. 7 Mar. 7 Apr. 6 May 6 Jun. 6 Jul. 6 Aug. 8 Sep. 6 Oct. 6 Nov. 7
- Jan. 5, '89 - Feb. 6 - Mar. 6 - Apr. 5 - May 5 - Jun. 5 - Jul. 5 - Aug. 7 - Sep. 5 - Oct. 5 - Nov. 6 - Dec. 5
.00291 .00277 .00289 .00293 .00326 .00362 .00332 .00324 .00301 .00322 .00340 .00336
.08800 .08771 .08988 .09131 .09581 .10072 .09921 .09950 .09864 .10211 .10498 .10567
.01147 .00946 .01169 .01312 .01952 .02662 .02187 .02105 .01732 .02187 .02654 .02730
.00425 .00350 .00433 .00486 .00723 .00986 .00810 .00780 .00642 .00810 .00983 .01011
.00354 .00292 .00361 .00405 .00602 .00821 .00675 .00649 .00534 .00675 .00819 .00842
.11057 .10669 .11281 .11673 .13253 .14997 .14002 .13882 .13134 .14282 .15387 .15582
Dec. 6, '89 Jan. 6 Feb. 6 Mar. 6 Apr. 6 May 8 Jun. 6 Jul. 6 Aug. 7 Sep. 6 Oct. 6 Nov. 6
- Jan. 5, '90 - Feb. 5 - Mar. 5 - Apr. 5 - May 7 - Jun. 5 - Jul. 5 - Aug. 6 - Sep. 5 - Oct. 5 - Nov. 5 - Dec. 5
.00614 .00608 .00589 .00595 .00595 .00604 .00564 .00549 .00549 .00633 .00704 .00801
.15592 .15551 .15362 .15467 .15476 .15654 .15274 .15134 .15238 .16154 .16935 .18019
.01935 .01831 .01587 .01619 .01595 .01732 .01310 .01163 .01217 .02064 .02749 .03726
.00556 .00526 .00456 .00465 .00458 .00497 .00376 .00334 .00350 .00593 .00790 .01070
.00476 .00450 .00390 .00398 .00392 .00426 .00322 .00286 .00299 .00508 .00676 .00916
.19193 .18985 .18401 .18561 .18533 .18931 .17860 .17478 .17666 .19974 .21883 .24571
Dec. 6, '90 Jan. 8 Feb. 6 Mar. 6 Apr. 6 May 7 Jun. 6 Jul. 6 Aug. 6 Sep. 6 Oct. 8 Nov. 6
- Jan. 7, '91 - Feb. 5 - Mar. 5 - Apr. 5 - May 6 - Jun. 5 - Jul. 5 - Aug. 5 - Sep. 5 - Oct. 7 - Nov. 5 - Dec. 5
.01220 .01118 .00939 .00860 .00835 .00800 .00752 .00692 .00691 .00697 .00694 .00700
.26605 .25596 .23864 .23051 .22786 .22427 .21975 .21362 .21355 .21406 .21375 .21430
.02559 .02082 .01260 .00875 .00751 .00578 .00365 .00075 .00071 .00094 .00081 .00107
.00280 .00228 .00138 .00096 .00082 .00063 .00040 .00008 .00008 .00010 .00009 .00012
.00655 .00532 .00322 .00224 .00192 .00148 .00093 .00019 .00018 .00024 .00021 .00027
.31322 .29558 .26524 .25107 .24647 .24017 .23225 .22156 .22143 .22231 .22180 .22276
(Continued)
21
LL&E ROYALTY TRUST 2015 TAX INFORMATION
TABLE IV FACTORS FOR COMPUTING UNIT OWNER'S BASIS (For all unit owners, except corporations and nonresident aliens who received Units in the June 28, 1983 distribution)
For Unit acquired of record not later than on/after
Jay Field (Alabama)
Jay Field (Florida)
South Pass 89 (Federal)
Offshore Fee Louisiana Lands (Federal) (Louisiana)
Total
Dec. 6, '91 Jan. 7 Feb. 6 Mar. 6 Apr. 7 May 6 Jun. 6 Jul. 7 Aug. 6 Sep. 8 Oct. 6 Nov. 6
- Jan. 6, '92 - Feb. 5 - Mar. 5 - Apr. 6 - May 5 - Jun. 5 - Jul. 6 - Aug. 5 - Sep. 7 - Oct. 5 - Nov. 5 - Dec. 7
.00471 .00558 .00530 .00543 .00524 .00548 .00589 .00604 .00642 .00659 .00694 .00719
.12288 .13130 .12873 .13037 .12783 .13028 .13544 .13703 .14047 .14312 .14646 .15024
.00356 .01564 .01067 .01191 .00578 .00752 .01253 .01355 .01645 .01593 .01916 .01993
.00074 .00327 .00223 .00249 .00121 .00157 .00262 .00283 .00344 .00333 .00400 .00416
.00032 .00140 .00096 .00107 .00052 .00067 .00112 .00121 .00147 .00143 .00172 .00178
.13230 .15757 .14815 .15156 .14072 .14570 .15790 .16099 .16865 .17078 .17874 .18378
Dec. 8, '92 Jan. 6 Feb. 6 Mar. 6 Apr. 6 May 6 Jun. 9 Jul. 7 Aug. 6 Sep. 8 Oct. 6 Nov. 6
- Jan. 5, '93 - Feb. 5 - Mar. 5 - Apr. 5 - May 5 - Jun. 8 - Jul. 6 - Aug. 5 - Sep. 7 - Oct. 5 - Nov. 5 - Dec. 6
.00591 .00590 .00605 .00613 .00628 .00647 .00673 .00680 .00716 .00750 .00781 .00799
.12444 .12570 .12787 .12768 .12988 .13312 .13639 .13917 .14152 .14551 .14958 .15058
.01705 .01377 .01357 .01195 .01115 .00914 .00974 .00816 .00991 .01228 .01295 .01155
.00543 .00438 .00432 .00381 .00355 .00291 .00310 .00260 .00316 .00391 .00412 .00368
.00093 .00075 .00074 .00065 .00061 .00050 .00053 .00045 .00054 .00067 .00071 .00063
.15387 .15059 .15264 .15030 .15154 .15220 .15655 .15723 .16236 .16995 .17526 .17451
Dec. 7, '93 Jan. 6 Feb. 8 Mar. 8 Apr. 6 May 6 Jun. 7 Jul. 6 Aug. 6 Sep. 7 Oct. 6 Nov. 8
- Jan. 5, '94 - Feb. 7 - Mar. 7 - Apr. 5 - May 5 - Jun. 6 - Jul. 5 - Aug. 5 - Sep. 6 - Oct. 5 - Nov. 7 - Dec. 5
.01484 .01496 .01504 .01527 .01552 .01591 .01642 .01667 .01680 .01675 .01677 .01704
.29935 .30035 .30080 .30296 .30537 .31000 .31574 .31859 .32122 .32185 .32200 .32353
.00678 .00671 .00685 .00719 .00751 .00864 .01009 .00986 .00864 .00639 .00473 .00484
.00138 .00136 .00139 .00146 .00153 .00176 .00205 .00200 .00176 .00130 .00096 .00098
.00048 .00047 .00048 .00051 .00053 .00061 .00071 .00069 .00061 .00045 .00033 .00034
.32286 .32388 .32459 .32742 .33050 .33696 .34506 .34786 .34907 .34677 .34481 .34675
(Continued)
22
LL&E ROYALTY TRUST 2015 TAX INFORMATION
TABLE IV FACTORS FOR COMPUTING UNIT OWNER'S BASIS (For all unit owners, except corporations and nonresident aliens who received Units in the June 28, 1983 distribution)
For Unit acquired of record not later than on/after
Jay Field (Alabama)
Jay Field (Florida)
South Pass 89 (Federal)
Offshore Fee Louisiana Lands (Federal) (Louisiana)
Total
Dec. 6, '94 Jan. 6 Feb. 7 Mar. 7 Apr. 6 May 6 Jun. 6 Jul. 6 Aug. 8 Sep. 6 Oct. 6 Nov. 7
- Jan. 5, '95 - Feb. 6 - Mar. 6 - Apr. 5 - May 5 - Jun. 5 - Jul. 5 - Aug. 7 - Sep. 5 - Oct. 5 - Nov. 6 - Dec. 5
.01770 .01793 .01812 .01869 .01917 .01954 .02008 .02014 .02015 .02031 .02051 .02149
.32379 .32416 .32656 .33024 .33422 .33740 .34160 .34173 .34158 .34206 .34371 .34846
.00378 .00367 .00365 .00501 .00629 .00673 .00777 .00703 .00579 .00556 .00680 .00937
.00222 .00216 .00215 .00295 .00370 .00396 .00457 .00414 .00341 .00327 .00400 .00552
.00038 .00037 .00036 .00050 .00063 .00067 .00078 .00070 .00058 .00056 .00068 .00094
.34787 .34829 .35084 .35739 .36401 .36830 .37480 .37374 .37151 .37176 .37570 .38578
Dec. 6, '95 Jan. 6 Feb. 6 Mar. 6 Apr. 6 May 7 Jun. 6 Jul. 6 Aug. 6 Sep. 6 Oct. 8 Nov. 6
- Jan. 5, '96 - Feb. 5 - Mar. 5 - Apr. 5 - May 6 - Jun. 5 - Jul. 5 - Aug. 5 - Sep. 5 - Oct. 7 - Nov. 5 - Dec. 5
.02472 .02530 .02549 .02543 .02549 .02542 .02513 .02500 .02501 .02524 .02545 .02569
.41713 .42222 .42414 .42386 .42567 .42755 .42617 .42573 .42570 .42735 .42982 .43283
.00704 .00864 .00886 .00828 .00812 .00772 .00641 .00544 .00467 .00480 .00459 .00488
.00419 .00514 .00527 .00493 .00483 .00460 .00381 .00324 .00278 .00285 .00273 .00290
.00063 .00077 .00079 .00074 .00073 .00069 .00057 .00049 .00042 .00043 .00041 .00044
.45371 .46207 .46455 .46324 .46484 .46598 .46209 .45990 .45858 .46067 .46300 .46674
Dec. 6, '96 Jan. 7 Feb. 6 Mar. 6 Apr. 8 May 6 Jun. 6 Jul. 8 Aug. 6 Sep. 6 Oct. 7 Nov. 6
- Jan. 6, '97 - Feb. 5 - Mar. 5 - Apr. 7 - May 5 - Jun. 5 - Jul. 7 - Aug. 5 - Sep. 5 - Oct. 6 - Nov. 5 - Dec. 5
.02703 .02780 .02775 .02744 .02689 .02693 .02735 .02754 .02763 .02773 .02798 .02834
.46161 .46991 .47007 .46748 .46277 .46326 .46664 .46795 .47046 .47251 .47676 .48121
.00341 .00462 .00447 .00354 .00182 .00158 .00220 .00234 .00246 .00266 .00321 .00402
.00369 .00500 .00484 .00383 .00197 .00171 .00238 .00253 .00267 .00288 .00348 .00435
.00026 .00035 .00033 .00026 .00014 .00012 .00016 .00018 .00018 .00020 .00024 .00030
.49600 .50768 .50746 .50255 .49359 .49360 .49873 .50054 .50340 .50598 .51167 .51822
(Continued)
23
LL&E ROYALTY TRUST 2015 TAX INFORMATION
TABLE IV FACTORS FOR COMPUTING UNIT OWNER'S BASIS (For all unit owners, except corporations and nonresident aliens who received Units in the June 28, 1983 distribution)
For Unit acquired of record not later than on/after
Jay Field (Alabama)
Jay Field (Florida)
South Pass 89 (Federal)
Offshore Fee Louisiana Lands (Federal) (Louisiana)
Total
Dec. 6, '97 Jan. 6 Feb. 6 Mar. 6 Apr. 7 May 6 Jun. 6 Jul. 7 Aug. 6 Sep. 9 Oct. 6 Nov. 6
- Jan. 5, '98 - Feb. 5 - Mar. 5 - Apr. 6 - May 5 - Jun. 5 - Jul. 6 - Aug. 5 - Sep. 8 - Oct. 5 - Nov. 5 - Dec. 7
.00859 .00849 .00916 .00954 .00954 .00979 .00996 .01047 .01066 .01081 .01224 .01303
.16699 .16602 .17403 .18401 .18402 .18648 .19232 .19651 .19885 .20188 .20386 .20979
.02031 .01604 .01467 .01505 .01515 .01244 .01057 .01015 .00961 .00615 .00617 .00789
.00955 .00754 .00690 .00708 .00712 .00585 .00497 .00477 .00452 .00289 .00290 .00371
.00161 .00127 .00116 .00119 .00120 .00098 .00084 .00080 .00076 .00049 .00049 .00062
.20705 .19936 .20593 .21685 .21703 .21555 .21866 .22270 .22439 .22223 .22566 .23504
Dec. 8, '98 Jan. 6 Feb. 6 Mar. 6 Apr. 6 May 6 Jun. 8 Jul. 7 Aug. 6 Sep. 8 Oct. 6 Nov. 6
- Jan. 5, '99 - Feb. 5 - Mar. 5 - Apr. 5 - May 5 - Jun. 7 - Jul. 6 - Aug. 5 - Sep. 7 - Oct. 5 - Nov. 5 - Dec. 6
.04452 .04450 .04440 .04438 .04441 .04456 .04466 .04488 .04500 .04546 .04586 .04616
.61989 .61964 .61870 .61852 .61868 .61886 .61859 .61930 .62012 .62325 .62725 .62962
.00185 .00169 .00113 .00103 .00095 .00096 .00074 .00092 .00124 .00226 .00379 .00520
.00102 .00093 .00062 .00057 .00052 .00053 .00041 .00051 .00068 .00124 .00208 .00286
.00015 .00014 .00009 .00009 .00008 .00008 .00006 .00008 .00010 .00019 .00032 .00043
.66742 .66690 .66494 .66460 .66464 .66498 .66446 .66570 .66714 .67241 .67930 .68427
Dec. 7, '99 Jan. 6 Feb. 8 Mar. 7 Apr. 6 May 6 Jun. 6 Jul. 6 Aug. 8 Sep. 6 Oct. 6 Nov. 7
- Jan. 5, '00 - Feb. 7 - Mar. 6 - Apr. 5 - May 5 - Jun. 5 - Jul. 5 - Aug. 7 - Sep. 5 - Oct. 5 - Nov. 6 - Dec. 5
.04492 .04509 .04538 .04559 .04545 .04555 .04580 .04602 .04620 .04641 .04664 .04684
.61855 .62054 .62374 .62612 .62521 .62671 .62907 .63096 .63335 .63564 .63864 .64106
.00509 .00534 .00615 .00660 .00492 .00446 .00493 .00514 .00508 .00516 .00539 .00549
.00336 .00352 .00405 .00435 .00324 .00294 .00325 .00339 .00335 .00340 .00355 .00362
.00013 .00013 .00016 .00017 .00012 .00011 .00012 .00013 .00013 .00013 .00014 .00014
.67205 .67462 .67947 .68283 .67894 .67977 .68317 .68564 .68811 .69074 .69435 .69715
(Continued)
24
LL&E ROYALTY TRUST 2015 TAX INFORMATION
TABLE IV FACTORS FOR COMPUTING UNIT OWNER'S BASIS (For all unit owners, except corporations and nonresident aliens who received Units in the June 28, 1983 distribution)
For Unit acquired of record not later than on/after
Jay Field (Alabama)
Jay Field (Florida)
South Pass 89 (Federal)
Offshore Fee Louisiana Lands (Federal) (Louisiana)
Total
Dec. 6, '00 Jan. 6 Feb. 6 Mar. 6 Apr. 6 May 8 Jun. 6 Jul. 6 Aug. 7 Sep. 6 Oct. 6 Nov. 6
- Jan. 5, '01 - Feb. 5 - Mar. 5 - Apr. 5 - May 7 - Jun. 5 - Jul. 5 - Aug. 6 - Sep. 5 - Oct. 5 - Nov. 5 - Dec. 5
.05051 .05093 .05080 .05083 .05094 .05135 .05167 .05179 .05209 .05231 .05279 .05271
.68842 .69329 .69512 .69830 .70054 .70409 .70677 .70810 .71005 .71051 .71403 .71364
.00272 .00284 .00249 .00216 .00179 .00201 .00190 .00157 .00138 .00108 .00119 .00102
.00363 .00379 .00332 .00288 .00239 .00268 .00253 .00209 .00184 .00144 .00158 .00135
.00013 .00014 .00012 .00011 .00009 .00010 .00009 .00008 .00007 .00005 .00006 .00005
.74541 .75100 .75184 .75428 .75575 .76024 .76295 .76363 .76544 .76540 .76966 .76877
Dec. 6, '01 Jan. 8 Feb. 6 Mar. 6 Apr. 6 May 7 Jun. 6 Jul. 6 Aug. 6 Sep. 6 Oct. 5 Nov. 6
- Jan. 7, '02 - Feb. 5 - Mar. 5 - Apr. 5 - May 6 - Jun. 5 - Jul. 5 - Aug. 5 - Sep. 5 - Oct. 4 - Nov. 5 - Dec. 5
.05456 .05445 .05442 .05435 .05437 .05442 .05448 .05455 .05461 .05461 .05480 .05488
.74435 .74357 .74336 .74273 .74291 .74334 .74385 .74429 .74489 .74494 .74620 .74688
.00043 .00029 .00024 .00013 .00016 .00024 .00034 .00042 .00053 .00053 .00076 .00088
.00109 .00073 .00062 .00034 .00041 .00061 .00086 .00106 .00134 .00136 .00195 .00225
.00003 .00002 .00002 .00001 .00001 .00002 .00003 .00003 .00004 .00004 .00006 .00007
.80046 .79907 .79866 .79756 .79786 .79862 .79956 .80036 .80141 .80148 .80377 .80496
Dec. 6, '02 Jan. 7 Feb. 6 Mar. 6 Apr. 5 May 6 Jun. 6 Jul. 8 Aug. 6 Sep. 6 Oct. 7 Nov. 6
- Jan. 6, '03 - Feb. 5 - Mar. 5 - Apr. 4 - May 5 - Jun. 5 - Jul. 7 - Aug. 5 - Sep. 5 - Oct. 6 - Nov. 5 - Dec. 5
.04793 .04785 .04782 .04789 .04797 .04822 .04856 .04901 .04920 .04939 .04975 .05000
.64432 .64368 .64355 .64404 .64429 .64652 .65012 .65447 .65586 .65626 .66040 .66185
.00017 .00014 .00013 .00016 .00012 .00013 .00016 .00020 .00020 .00017 .00017 .00015
.00729 .00607 .00584 .00676 .00519 .00572 .00690 .00858 .00880 .00752 .00758 .00640
.00039 .00033 .00032 .00037 .00028 .00031 .00037 .00046 .00048 .00041 .00041 .00035
.70010 .69806 .69765 .69923 .69786 .70089 .70612 .71272 .71455 .71374 .71831 .71875
(Continued)
25
LL&E ROYALTY TRUST 2015 TAX INFORMATION
TABLE IV FACTORS FOR COMPUTING UNIT OWNER'S BASIS (For all unit owners, except corporations and nonresident aliens who received Units in the June 28, 1983 distribution)
For Unit acquired of record not later than on/after
Jay Field (Alabama)
Jay Field (Florida)
South Pass 89 (Federal)
Offshore Fee Louisiana Lands (Federal) (Louisiana)
Total
Dec. 6, '03 Jan. 6 Feb. 6 Mar. 6 Apr. 6 May 6 Jun. 8 Jul. 7 Aug. 6 Sep. 8 Oct. 6 Nov. 6
- Jan. 5, '04 - Feb. 5 - Mar. 5 - Apr. 5 - May 5 - Jun. 7 - Jul. 6 - Aug. 5 - Sep. 7 - Oct. 5 - Nov. 5 - Dec. 6
.05651 .05674 .05666 .05661 .05654 .05654 .05654 .05653 .05648 .05646 .05645 .05644
.75355 .75495 .75417 .75386 .75343 .75350 .75342 .75327 .75307 .75270 .75266 .75250
.00010 .00013 .00010 .00009 .00007 .00008 .00007 .00007 .00006 .00005 .00005 .00004
.00287 .00350 .00272 .00245 .00203 .00208 .00200 .00188 .00167 .00133 .00130 .00114
.00026 .00032 .00025 .00022 .00019 .00019 .00018 .00017 .00015 .00012 .00012 .00010
.81329 .81564 .81389 .81322 .81226 .81239 .81221 .81192 .81144 .81067 .81059 .81022
Dec. 7, '04 Jan. 6 Feb. 8 Mar. 8 Apr. 6 May 6 Jun. 7 Jul. 6 Aug. 6 Sep. 7 Oct. 6 Nov. 8
- Jan. 5, '05 - Feb. 7 - Mar. 7 - Apr. 5 - May 5 - Jun. 6 - Jul. 5 - Aug. 5 - Sep. 6 - Oct. 5 - Nov. 7 - Dec. 5
.05322 .05363 .05362 .05395 .05396 .05418 .05414 .05415 .05417 .05425 .05417 .05410
.70727 .70812 .70800 .70998 .71010 .71057 .71022 .71030 .71044 .71110 .71052 .70987
.00009 .00011 .00009 .00012 .00012 .00013 .00010 .00010 .00012 .00017 .00012 .00007
.00196 .00199 .00181 .00238 .00257 .00262 .00198 .00215 .00238 .00354 .00253 .00141
.00007 .00007 .00007 .00009 .00010 .00010 .00007 .00008 .00009 .00013 .00009 .00005
.76260 .76391 .76359 .76652 .76685 .76760 .76651 .76677 .76720 .76919 .76742 .76550
Dec. 6, '05 Jan. 6 Feb. 7 Mar. 7 Apr. 6 May 6 Jun. 6 Jul. 6 Aug. 8 Sep. 6 Oct. 7 Nov. 7
- Jan. 5, '06 - Feb. 6 - Mar. 6 - Apr. 5 - May 5 - Jun. 5 - Jul. 5 - Aug. 7 - Sep. 5 - Oct. 6 - Nov. 6 - Dec. 5
.06321 .06324 .06323 .06314 .06312 .06358 .06406 .06461 .06519 .06560 .06589 .06624
.82859 .82885 .82880 .82801 .82795 .82901 .83356 .83929 .84483 .84729 .84813 .84811
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00001 .00001 .00000 .00000
.00008 .00008 .00008 .00002 .00002 .00003 .00009 .00015 .00021 .00019 .00014 .00009
.89188 .89217 .89210 .89116 .89110 .89262 .89771 .90405 .91024 .91309 .91416 .91444
(Continued)
26
LL&E ROYALTY TRUST 2015 TAX INFORMATION
TABLE IV FACTORS FOR COMPUTING UNIT OWNER'S BASIS (For all unit owners, except corporations and nonresident aliens who received Units in the June 28, 1983 distribution)
For Unit acquired of record not later than on/after
Jay Field (Alabama)
Jay Field (Florida)
South Pass 89 (Federal)
Offshore Fee Louisiana Lands (Federal) (Louisiana)
Total
Dec 6, '06 Jan. 6 Feb. 6 Mar. 6 Apr. 6 May 6 Jun. 6 Jul. 6 Aug. 7 Sep. 6 Oct. 6 Nov. 6
- Jan. 5, '07 - Feb. 5 - Mar. 5 - Apr. 5 - May 5 - Jun. 5 - Jul. 5 - Aug. 6 - Sep. 5 - Oct. 6 - Nov. 5 - Dec. 5
.06550 .06660 .06660 .06799 .06799 .06799 .06798 .07047 .07047 .07044 .07039 .07039
.81923 .81990 .81997 .82418 .82413 .82417 .82397 .85027 .85025 .84981 .84907 .84907
.00007 .00006 .00007 .00004 .00004 .00004 .00003 .00018 .00018 .00012 .00001 .00001
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00049 .00042 .00046 .00031 .00028 .00030 .00018 .00127 .00125 .00080 .00007 .00007
.88530 .88697 .88710 .89253 .89244 .89250 .89216 .92219 .92215 .92117 .91954 .91954
Dec 6, '07 Jan. 5 Feb. 6 Mar. 6 Apr. 8 May 6 Jun. 6 Jul. 8 Aug. 7 Sep. 6 Oct. 8 Nov. 6
- Jan. 4, '08 - Feb. 5 - Mar. 5 - Apr. 7 - May 5 - Jun. 5 - Jul. 7 - Aug. 5 - Sep. 5 - Oct. 7 - Nov. 5 - Dec. 5
.10536 .10662 .10662 .10662 .10659 .10660 .10659 .10659 .10659 .10659 .10665 .10667
.81116 .82686 .82684 .82687 .82667 .82670 .82667 .82667 .82667 .82667 .82710 .82728
.00002 .00025 .00023 .00025 .00004 .00007 .00004 .00004 .00004 .00004 .00050 .00070
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00003 .00028 .00026 .00029 .00005 .00008 .00005 .00004 .00005 .00005 .00058 .00081
.91658 .93401 .93395 .93403 .93335 .93345 .93335 .93334 .93335 .93335 .93483 .93546
Dec. 6, '08 Jan. 6 Feb. 6 Mar. 6 Apr. 7 May 6 Jun. 6 Jul. 7 Aug. 6 Sep. 5 Oct. 6 Nov. 6
- Jan. 5, '09 - Feb. 5 - Mar. 5 - Apr. 6 - May 5 - Jun. 5 - Jul. 6 - Aug. 5 - Sep. 4 - Oct. 5 - Nov. 5 - Dec. 4
.11110 .11102 .11100 .11099 .11098 .11099 .11213 .11213 .11212 .11210 .11210 .11210
.85535 .85474 .85459 .85448 .85441 .85447 .86327 .86327 .86319 .86303 .86303 .86303
.00048 .00018 .00010 .00005 .00001 .00004 .00023 .00022 .00014 .00001 .00001 .00001
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00011 .00004 .00002 .00001 .00000 .00001 .00005 .00005 .00003 .00000 .00000 .00000
.96704 .96598 .96571 .96553 .96540 .96551 .97568 .97567 .97548 .97514 .97514 .97514
(Continued)
27
LL&E ROYALTY TRUST 2015 TAX INFORMATION
TABLE IV FACTORS FOR COMPUTING UNIT OWNER'S BASIS (For all unit owners, except corporations and nonresident aliens who received Units in the June 28, 1983 distribution)
For Unit acquired of record not later than on/after
Jay Field (Alabama)
Jay Field (Florida)
South Pass 89 (Federal)
Offshore Fee Louisiana Lands (Federal) (Louisiana)
Total
Dec. 6, '09 Jan. 6 Feb. 6 Mar. 6 Apr. 7 May 6 Jun. 6 Jul. 7 Aug. 6 Sep. 5 Oct. 6 Nov. 6
- Jan. 5, '10 - Feb. 5 - Mar. 5 - Apr. 6 - May 5 - Jun. 5 - Jul. 6 - Aug. 5 - Sep. 4 - Oct. 5 - Nov. 5 - Dec. 4
.11235 .11235 .11235 .11237 .11237 .11237 .11496 .11496 .11496 .11496 .11496 .11496
.86493 .86492 .86491 .86512 .86512 .86512 .88504 .88504 .88504 .88504 .88504 .88504
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.97728 .97727 .97726 .97749 .97749 .97749 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000
Dec. 6, '10 Jan. 6 Feb. 6 Mar. 6 Apr. 7 May 6 Jun. 6 Jul. 7 Aug. 6 Sep. 5 Oct. 6 Nov. 6
- Jan. 5, '11 - Feb. 4 - Mar. 4 - Apr. 5 - May 5 - Jun. 6 - Jul. 5 - Aug. 5 - Sep. 5 - Oct. 5 - Nov. 4 - Dec. 5
.09184 .09184 .09184 .09184 .09184 .09184 .09184 .09184 .09184 .09184 .09184 .09184
.70703 .70703 .70703 .70703 .70703 .70703 .70703 .70703 .70703 .70703 .70703 .70703
.05485 .05485 .05485 .05485 .05485 .05485 .05485 .05485 .05485 .05485 .05485 .05485
.14629 .14629 .14629 .14629 .14629 .14629 .14629 .14629 .14629 .14629 .14629 .14629
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000
Dec. 6, '11 Jan. 6 Feb. 7 Mar. 6 Apr. 6 May. 5 Jun. 6 Jul. 6 Aug. 7 Sep. 6 Oct. 6 Nov. 6
- Jan. 5, '12 - Feb. 6 - Mar. 5 - Apr. 5 - May 4 - Jun. 5 - Jul. 5 - Aug. 6 - Sep. 5 - Oct. 5 - Nov. 5 - Dec. 5
.09807 .09807 .09807 .09807 .09807 .09807 .09807 .09807 .09807 .09807 .09807 .09807
.75502 .75502 .75502 .75502 .75502 .75502 .75502 .75502 .75502 .75502 .75502 .75502
.09899 .09899 .09899 .09899 .09899 .09899 .09899 .09899 .09899 .09899 .09899 .09899
.04792 .04792 .04792 .04792 .04792 .04792 .04792 .04792 .04792 .04792 .04792 .04792
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000
(Continued)
28
LL&E ROYALTY TRUST 2015 TAX INFORMATION
TABLE IV FACTORS FOR COMPUTING UNIT OWNER'S BASIS (For all unit owners, except corporations and nonresident aliens who received Units in the June 28, 1983 distribution)
For Unit acquired of record not later than on/after
Jay Field (Alabama)
Jay Field (Florida)
South Pass 89 (Federal)
Offshore Fee Louisiana Lands (Federal) (Louisiana)
Total
Dec 6, '12 Jan. 5 Feb. 6 Mar. 6 Apr. 6 May. 7 Jun. 6 Jul. 6 Aug. 6 Sep. 6 Oct. 5 Nov. 6
- Jan. 4, '13 - Feb. 5 - Mar. 5 - Apr. 5 - May 6 - Jun. 5 - Jul. 5 - Aug. 5 - Sep. 5 - Oct. 4 - Nov. 5 - Dec. 5
.09807 .09807 .09807 .09807 .09807 .09807 .09807 .09807 .09807 .09807 .09807 .09807
.75502 .75502 .75502 .75502 .75502 .75502 .75502 .75502 .75502 .75502 .75502 .75502
.09899 .09899 .09899 .09899 .09899 .09899 .09899 .09899 .09899 .09899 .09899 .09899
.04792 .04792 .04792 .04792 .04792 .04792 .04792 .04792 .04792 .04792 .04792 .04792
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000
Dec 6, '13 Jan. 7 Feb. 6 Mar. 6 Apr. 5 May. 6 Jun. 6 Jul. 5 Aug. 6 Sep. 6 Oct. 7 Nov. 6
- Jan. 6, '14 - Feb. 5 - Mar. 5 - Apr. 4 - May 5 - Jun. 5 - Jul. 4 - Aug. 5 - Sep. 5 - Oct. 6 - Nov. 5 - Dec. 5
.09807 .09807 .09807 .09807 .09807 .09807 .09807 .09807 .09807 .09807 .09807 .09807
.75502 .75502 .75502 .75502 .75502 .75502 .75502 .75502 .75502 .75502 .75502 .75502
.09899 .09899 .09899 .09899 .09899 .09899 .09899 .09899 .09899 .09899 .09899 .09899
.04792 .04792 .04792 .04792 .04792 .04792 .04792 .04792 .04792 .04792 .04792 .04792
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000
Dec. 6, '14
- Dec. 4, '15
.08951
.68910
.14918
.07222
.00000
1.00000
(Continued)
29
LL&E ROYALTY TRUST
2015 TAX INFORMATION
TABLE V NET BASIS ADJUSTMENT PER UNIT (Cash to accrual adjustment) (Cumulative) For Unit acquired of record not on/after
Month in which last 2015 distribution was received 2015
later than
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Inception Jan. 6 Feb. 6 Mar. 6 Apr. 7 May 6 Jun. 6 Jul. 7 Aug. 6 Sep. 9 Oct. 6 Nov. 6
- Jan. 5, '87 - Feb. 5 - Mar. 5 - Apr. 6 - May 5 - Jun. 5 - Jul. 6 - Aug. 5 - Sep. 8 - Oct. 5 - Nov. 5 - Dec. 7
(.12440) (.10248) (.09278) (.13171) (.15426) (.17533) (.17798) (.19735) (.19281) (.20091) (.17689) (.15995)
(.12968) (.10776) (.09806) (.13699) (.15954) (.18061) (.18326) (.20263) (.19809) (.20619) (.18217) (.16523)
(.13012) (.10820) (.09850) (.13743) (.15998) (.18105) (.18370) (.20307) (.19853) (.20663) (.18261) (.16567)
(.13012) (.10820) (.09850) (.13743) (.15998) (.18105) (.18370) (.20307) (.19853) (.20663) (.18261) (.16567)
(.13191) (.10999) (.10029) (.13922) (.16177) (.18284) (.18549) (.20486) (.20032) (.20842) (.18440) (.16746)
(.13256) (.11064) (.10094) (.13987) (.16242) (.18349) (.18614) (.20551) (.20097) (.20907) (.18505) (.16811)
(.13388) (.11196) (.10226) (.14119) (.16374) (.18481) (.18746) (.20683) (.20229) (.21039) (.18637) (.16943)
(.13388) (.11196) (.10226) (.14119) (.16374) (.18481) (.18746) (.20683) (.20229) (.21039) (.18637) (.16943)
(.13786) (.11594) (.10624) (.14517) (.16772) (.18879) (.19144) (.21081) (.20627) (.21437) (.19035) (.17341)
(.13786) (.11594) (.10624) (.14517) (.16772) (.18879) (.19144) (.21081) (.20627) (.21437) (.19035) (.17341)
(.13792) (.11600) (.10630) (.14523) (.16778) (.18885) (.19150) (.21087) (.20633) (.21443) (.19041) (.17347)
(.13793) (.11601) (.10631) (.14524) (.16779) (.18886) (.19151) (.21088) (.20634) (.21444) (.19042) (.17348)
Dec. 8, '87 Jan. 6 Feb. 6 Mar. 8 Apr. 6 May 6 Jun. 7 Jul. 7 Aug. 6 Sep. 7 Oct. 6 Nov. 8
- Jan. 5, '88 - Feb. 5 - Mar. 7 - Apr. 5 - May 5 - Jun. 6 - Jul. 6 - Aug. 5 - Sep. 6 - Oct. 5 - Nov. 7 - Dec. 5
(.12468) (.12173) (.14401) (.15723) (.15045) (.13863) (.16144) (.16705) (.17395) (.16920) (.17595) (.13685)
(.12996) (.12701) (.14929) (.16251) (.15573) (.14391) (.16672) (.17233) (.17923) (.17448) (.18123) (.14213)
(.13040) (.12745) (.14973) (.16295) (.15617) (.14435) (.16716) (.17277) (.17967) (.17492) (.18167) (.14257)
(.13040) (.12745) (.14973) (.16295) (.15617) (.14435) (.16716) (.17277) (.17967) (.17492) (.18167) (.14257)
(.13219) (.12924) (.15152) (.16474) (.15796) (.14614) (.16895) (.17456) (.18146) (.17671) (.18346) (.14436)
(.13284) (.12989) (.15217) (.16539) (.15861) (.14679) (.16960) (.17521) (.18211) (.17736) (.18411) (.14501)
(.13416) (.13121) (.15349) (.16671) (.15993) (.14811) (.17092) (.17653) (.18343) (.17868) (.18543) (.14633)
(.13416) (.13121) (.15349) (.16671) (.15993) (.14811) (.17092) (.17653) (.18343) (.17868) (.18543) (.14633)
(.13814) (.13519) (.15747) (.17069) (.16391) (.15209) (.17490) (.18051) (.18741) (.18266) (.18941) (.15031)
(.13814) (.13519) (.15747) (.17069) (.16391) (.15209) (.17490) (.18051) (.18741) (.18266) (.18941) (.15031)
(.13820) (.13525) (.15753) (.17075) (.16397) (.15215) (.17496) (.18057) (.18747) (.18272) (.18947) (.15037)
(.13821) (.13526) (.15754) (.17076) (.16398) (.15216) (.17497) (.18058) (.18748) (.18273) (.18948) (.15038)
Dec. 6, '88 Jan. 6 Feb. 7 Mar. 7 Apr. 6 May 6 Jun. 6 Jul. 6 Aug. 8 Sep. 6 Oct. 6 Nov. 7
- Jan. 5, '89 - Feb. 6 - Mar. 6 - Apr. 5 - May 5 - Jun. 5 - Jul. 5 - Aug. 7 - Sep. 5 - Oct. 5 - Nov. 6 - Dec. 5
(.11135) (.08175) (.10819) (.12124) (.15982) (.21034) (.22290) (.21912) (.17602) (.21200) (.23045) (.24291)
(.11663) (.08703) (.11347) (.12652) (.16510) (.21562) (.22818) (.22440) (.18130) (.21728) (.23573) (.24819)
(.11707) (.08747) (.11391) (.12696) (.16554) (.21606) (.22862) (.22484) (.18174) (.21772) (.23617) (.24863)
(.11707) (.08747) (.11391) (.12696) (.16554) (.21606) (.22862) (.22484) (.18174) (.21772) (.23617) (.24863)
(.11886) (.08926) (.11570) (.12875) (.16733) (.21785) (.23041) (.22663) (.18353) (.21951) (.23796) (.25042)
(.11951) (.08991) (.11635) (.12940) (.16798) (.21850) (.23106) (.22728) (.18418) (.22016) (.23861) (.25107)
(.12083) (.09123) (.11767) (.13072) (.16930) (.21982) (.23238) (.22860) (.18550) (.22148) (.23993) (.25239)
(.12083) (.09123) (.11767) (.13072) (.16930) (.21982) (.23238) (.22860) (.18550) (.22148) (.23993) (.25239)
(.12481) (.09521) (.12165) (.13470) (.17328) (.22380) (.23636) (.23258) (.18948) (.22546) (.24391) (.25637)
(.12481) (.09521) (.12165) (.13470) (.17328) (.22380) (.23636) (.23258) (.18948) (.22546) (.24391) (.25637)
(.12487) (.09527) (.12171) (.13476) (.17334) (.22386) (.23642) (.23264) (.18954) (.22552) (.24397) (.25643)
(.12488) (.09528) (.12172) (.13477) (.17335) (.22387) (.23643) (.23265) (.18955) (.22553) (.24398) (.25644)
( ) Indicates negative amount. NOTE: This table automatically adjusts a Unit owner's basis for the cumulative difference between net taxable income recognized and cash distributions.
30
(Continued)
LL&E ROYALTY TRUST
2015 TAX INFORMATION
TABLE V NET BASIS ADJUSTMENT PER UNIT (Cash to accrual adjustment) (Cumulative) For Unit acquired of record not on/after
Month in which last 2015 distribution was received 2015
later than
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Dec. 6, '89 Jan. 6. Feb. 6 Mar. 6 Apr. 6 May 8 Jun. 6 Jul. 6 Aug. 7 Sep. 6 Oct. 6 Nov. 6
- Jan. 5, '90 - Feb. 5 - Mar. 5 - Apr. 5 - May 7 - Jun. 5 - Jul. 5 - Aug. 6 - Sep. 5 - Oct. 5 - Nov. 5 - Dec. 5
(.23210) (.22796) (.21122) (.21709) (.21194) (.22886) (.19668) (.19837) (.21649) (.29225) (.36124) (.43465)
(.23738) (.23324) (.21650) (.22237) (.21722) (.23414) (.20196) (.20365) (.22177) (.29753) (.36652) (.43993)
(.23782) (.23368) (.21694) (.22281) (.21766) (.23458) (.20240) (.20409) (.22221) (.29797) (.36696) (.44037)
(.23782) (.23368) (.21694) (.22281) (.21766) (.23458) (.20240) (.20409) (.22221) (.29797) (.36696) (.44037)
(.23961) (.23547) (.21873) (.22460) (.21945) (.23637) (.20419) (.20588) (.22400) (.29976) (.36875) (.44216)
(.24026) (.23612) (.21938) (.22525) (.22010) (.23702) (.20484) (.20653) (.22465) (.30041) (.36940) (.44281)
(.24158) (.23744) (.22070) (.22657) (.22142) (.23834) (.20616) (.20785) (.22597) (.30173) (.37072) (.44413)
(.24158) (.23744) (.22070) (.22657) (.22142) (.23834) (.20616) (.20785) (.22597) (.30173) (.37072) (.44413)
(.24556) (.24142) (.22468) (.23055) (.22540) (.24232) (.21014) (.21183) (.22995) (.30571) (.37470) (.44811)
(.24556) (.24142) (.22468) (.23055) (.22540) (.24232) (.21014) (.21183) (.22995) (.30571) (.37470) (.44811)
(.24562) (.24148) (.22474) (.23061) (.22546) (.24238) (.21020) (.21189) (.23001) (.30577) (.37476) (.44817)
(.24563) (.24149) (.22475) (.23062) (.22547) (.24239) (.21021) (.21190) (.23002) (.30578) (.37477) (.44818)
Dec. 6, '90 Jan. 8 Feb. 6 Mar. 6 Apr. 6 May 7 Jun. 6 Jul. 6 Aug. 6 Sep. 6 Oct. 8 Nov. 6
- Jan. 7, '91 - Feb. 5 - Mar. 5 - Apr. 5 - May 6 - Jun. 5 - Jul. 5 - Aug. 5 - Sep. 5 - Oct. 7 - Nov. 5 - Dec. 5
(.44958) (.40074) (.30292) (.24591) (.22664) (.20302) (.16115) (.13041) (.13051) (.13443) (.13327) (.13513)
(.45486) (.40602) (.30820) (.25119) (.23192) (.20830) (.16643) (.13569) (.13579) (.13971) (.13855) (.14041)
(.45530) (.40646) (.30864) (.25163) (.23236) (.20874) (.16687) (.13613) (.13623) (.14015) (.13899) (.14085)
(.45530) (.40646) (.30864) (.25163) (.23236) (.20874) (.16687) (.13613) (.13623) (.14015) (.13899) (.14085)
(.45709) (.40825) (.31043) (.25342) (.23415) (.21053) (.16866) (.13792) (.13802) (.14194) (.14078) (.14264)
(.45774) (.40890) (.31108) (.25407) (.23480) (.21118) (.16931) (.13857) (.13867) (.14259) (.14143) (.14329)
(.45906) (.41022) (.31240) (.25539) (.23612) (.21250) (.17063) (.13989) (.13999) (.14391) (.14275) (.14461)
(.45906) (.41022) (.31240) (.25539) (.23612) (.21250) (.17063) (.13989) (.13999) (.14391) (.14275) (.14461)
(.46304) (.41420) (.31638) (.25937) (.24010) (.21648) (.17461) (.14387) (.14397) (.14789) (.14673) (.14859)
(.46304) (.41420) (.31638) (.25937) (.24010) (.21648) (.17461) (.14387) (.14397) (.14789) (.14673) (.14859)
(.46310) (.41426) (.31644) (.25943) (.24016) (.21654) (.17467) (.14393) (.14403) (.14795) (.14679) (.14865)
(.46311) (.41427) (.31645) (.25944) (.24017) (.21655) (.17468) (.14394) (.14404) (.14796) (.14680) (.14866)
Dec. 6, '91 Jan. 7 Feb. 6 Mar. 6 Apr. 7 May 6 Jun. 6 Jul. 7 Aug. 6 Sep. 8 Oct. 6 Nov. 6
- Jan. 6, '92 - Feb. 5 - Mar. 5 - Apr. 6 - May 5 - Jun. 5 - Jul. 6 - Aug. 5 - Sep. 7 - Oct. 5 - Nov. 5 - Dec. 7
(.14184) (.19886) (.20045) (.20084) (.15896) (.17660) (.21567) (.22697) (.25442) (.25238) (.27646) (.28264)
(.14712) (.20414) (.20573) (.20612) (.16424) (.18188) (.22095) (.23225) (.25970) (.25766) (.28174) (.28792)
(.14756) (.20458) (.20617) (.20656) (.16468) (.18232) (.22139) (.23269) (.26014) (.25810) (.28218) (.28836)
(.14756) (.20458) (.20617) (.20656) (.16468) (.18232) (.22139) (.23269) (.26014) (.25810) (.28218) (.28836)
(.14935) (.20637) (.20796) (.20835) (.16647) (.18411) (.22318) (.23448) (.26193) (.25989) (.28397) (.29015)
(.15000) (.20702) (.20861) (.20900) (.16712) (.18476) (.22383) (.23513) (.26258) (.26054) (.28462) (.29080)
(.15132) (.20834) (.20993) (.21032) (.16844) (.18608) (.22515) (.23645) (.26390) (.26186) (.28594) (.29212)
(.15132) (.20834) (.20993) (.21032) (.16844) (.18608) (.22515) (.23645) (.26390) (.26186) (.28594) (.29212)
(.15530) (.21232) (.21391) (.21430) (.17242) (.19006) (.22913) (.24043) (.26788) (.26584) (.28992) (.29610)
(.15530) (.21232) (.21391) (.21430) (.17242) (.19006) (.22913) (.24043) (.26788) (.26584) (.28992) (.29610)
(.15536) (.21238) (.21397) (.21436) (.17248) (.19012) (.22919) (.24049) (.26794) (.26590) (.28998) (.29616)
(.15537) (.21239) (.21398) (.21437) (.17249) (.19013) (.22920) (.24050) (.26795) (.26591) (.28999) (.29617)
( ) Indicates negative amount. NOTE: This table automatically adjusts a Unit owner's basis for the cumulative difference between net taxable income recognized and cash distributions.
31
(Continued)
LL&E ROYALTY TRUST
2015 TAX INFORMATION
TABLE V NET BASIS ADJUSTMENT PER UNIT (Cash to accrual adjustment) (Cumulative) For Unit acquired of record not on/after
Month in which last 2015 distribution was received 2015
later than
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Dec. 8, '92 Jan. 6 Feb. 6 Mar. 6 Apr. 6 May 6 Jun. 9 Jul. 7 Aug. 6 Sep. 8 Oct. 6 Nov. 6
- Jan. 5, '93 - Feb. 5 - Mar. 5 - Apr. 5 - May 5 - Jun. 8 - Jul. 6 - Aug. 5 - Sep. 7 - Oct. 5 - Nov. 5 - Dec. 6
(.25669) (.24848) (.24845) (.24882) (.24605) (.22353) (.22004) (.20401) (.21660) (.23792) (.24933) (.23997)
(.26197) (.25376) (.25373) (.25410) (.25133) (.22881) (.22532) (.20929) (.22188) (.24320) (.25461) (.24525)
(.26241) (.25420) (.25417) (.25454) (.25177) (.22925) (.22576) (.20973) (.22232) (.24364) (.25505) (.24569)
(.26241) (.25420) (.25417) (.25454) (.25177) (.22925) (.22576) (.20973) (.22232) (.24364) (.25505) (.24569)
(.26420) (.25599) (.25596) (.25633) (.25356) (.23104) (.22755) (.21152) (.22411) (.24543) (.25684) (.24748)
(.26485) (.25664) (.25661) (.25698) (.25421) (.23169) (.22820) (.21217) (.22476) (.24608) (.25749) (.24813)
(.26617) (.25796) (.25793) (.25830) (.25553) (.23301) (.22952) (.21349) (.22608) (.24740) (.25881) (.24945)
(.26617) (.25796) (.25793) (.25830) (.25553) (.23301) (.22952) (.21349) (.22608) (.24740) (.25881) (.24945)
(.27015) (.26194) (.26191) (.26228) (.25951) (.23699) (.23350) (.21747) (.23006) (.25138) (.26279) (.25343)
(.27015) (.26194) (.26191) (.26228) (.25951) (.23699) (.23350) (.21747) (.23006) (.25138) (.26279) (.25343)
(.27021) (.26200) (.26197) (.26234) (.25957) (.23705) (.23356) (.21753) (.23012) (.25144) (.26285) (.25349)
(.27022) (.26201) (.26198) (.26235) (.25958) (.23706) (.23357) (.21754) (.23013) (.25145) (.26286) (.25350)
Dec. 7, '93 Jan. 6 Feb. 8 Mar. 8 Apr. 6 May 6 Jun. 7 Jul. 6 Aug. 6 Sep. 7 Oct. 6 Nov. 8
- Jan. 5, '94 - Feb. 7 - Mar. 7 - Apr. 5 - May 5 - Jun. 6 - Jul. 5 - Aug. 5 - Sep. 6 - Oct. 5 - Nov. 7 - Dec. 5
(.23720) (.23444) (.23999) (.24085) (.24971) (.27724) (.31038) (.32463) (.29358) (.24116) (.20447) (.19970)
(.24248) (.23972) (.24527) (.24613) (.25499) (.28252) (.31566) (.32991) (.29886) (.24644) (.20975) (.20498)
(.24292) (.24016) (.24571) (.24657) (.25543) (.28296) (.31610) (.33035) (.29930) (.24688) (.21019) (.20542)
(.24292) (.24016) (.24571) (.24657) (.25543) (.28296) (.31610) (.33035) (.29930) (.24688) (.21019) (.20542)
(.24471) (.24195) (.24750) (.24836) (.25722) (.28475) (.31789) (.33214) (.30109) (.24867) (.21198) (.20721)
(.24536) (.24260) (.24815) (.24901) (.25787) (.28540) (.31854) (.33279) (.30174) (.24932) (.21263) (.20786)
(.24668) (.24392) (.24947) (.25033) (.25919) (.28672) (.31986) (.33411) (.30306) (.25064) (.21395) (.20918)
(.24668) (.24392) (.24947) (.25033) (.25919) (.28672) (.31986) (.33411) (.30306) (.25064) (.21395) (.20918)
(.25066) (.24790) (.25345) (.25431) (.26317) (.29070) (.32384) (.33809) (.30704) (.25462) (.21793) (.21316)
(.25066) (.24790) (.25345) (.25431) (.26317) (.29070) (.32384) (.33809) (.30704) (.25462) (.21793) (.21316)
(.25072) (.24796) (.25351) (.25437) (.26323) (.29076) (.32390) (.33815) (.30710) (.25468) (.21799) (.21322)
(.25073) (.24797) (.25352) (.25438) (.26324) (.29077) (.32391) (.33816) (.30711) (.25469) (.21800) (.21323)
Dec. 6, '94 Jan. 6 Feb. 7 Mar. 7 Apr. 6 May 6 Jun. 6 Jul. 6 Aug. 8 Sep. 6 Oct. 6 Nov. 7
- Jan. 5, '95 - Feb. 6 - Mar. 6 - Apr. 5 - May 5 - Jun. 5 - Jul. 5 - Aug. 7 - Sep. 5 - Oct. 5 - Nov. 6 - Dec. 5
(.19011) (.18817) (.18091) (.20170) (.22231) (.23352) (.25322) (.24497) (.22857) (.21905) (.23255) (.27755)
(.19539) (.19345) (.18619) (.20698) (.22759) (.23880) (.25850) (.25025) (.23385) (.22433) (.23783) (.28283)
(.19583) (.19389) (.18663) (.20742) (.22803) (.23924) (.25894) (.25069) (.23429) (.22477) (.23827) (.28327)
(.19583) (.19389) (.18663) (.20742) (.22803) (.23924) (.25894) (.25069) (.23429) (.22477) (.23827) (.28327)
(.19762) (.19568) (.18842) (.20921) (.22982) (.24103) (.26073) (.25248) (.23608) (.22656) (.24006) (.28506)
(.19827) (.19633) (.18907) (.20986) (.23047) (.24168) (.26138) (.25313) (.23673) (.22721) (.24071) (.28571)
(.19959) (.19765) (.19039) (.21118) (.23179) (.24300) (.26270) (.25445) (.23805) (.22853) (.24203) (.28703)
(.19959) (.19765) (.19039) (.21118) (.23179) (.24300) (.26270) (.25445) (.23805) (.22853) (.24203) (.28703)
(.20357) (.20163) (.19437) (.21516) (.23577) (.24698) (.26668) (.25843) (.24203) (.23251) (.24601) (.29101)
(.20357) (.20163) (.19437) (.21516) (.23577) (.24698) (.26668) (.25843) (.24203) (.23251) (.24601) (.29101)
(.20363) (.20169) (.19443) (.21522) (.23583) (.24704) (.26674) (.25849) (.24209) (.23257) (.24607) (.29107)
(.20364) (.20170) (.19444) (.21523) (.23584) (.24705) (.26675) (.25850) (.24210) (.23258) (.24608) (.29108)
( ) Indicates negative amount. NOTE: This table automatically adjusts a Unit owner's basis for the cumulative difference between net taxable income recognized and cash distributions.
32
(Continued)
LL&E ROYALTY TRUST
2015 TAX INFORMATION
TABLE V NET BASIS ADJUSTMENT PER UNIT (Cash to accrual adjustment) (Cumulative) For Unit acquired of record not on/after
Month in which last 2015 distribution was received 2015
later than
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Dec. 6, '95 Jan. 6 Feb. 6 Mar. 6 Apr. 6 May 7 Jun. 6 Jul. 6 Aug. 6 Sep. 6 Oct. 8 Nov. 6
- Jan. 5, '96 - Feb. 5 - Mar. 5 - Apr. 5 - May 6 - Jun. 5 - Jul. 5 - Aug. 5 - Sep. 5 - Oct. 7 - Nov. 5 - Dec 5
(.31575) (.36807) (.39090) (.40792) (.40631) (.39247) (.34311) (.30431) (.27425) (.27840) (.28009) (.29253)
(.32103) (.37335) (.39618) (.41320) (.41159) (.39775) (.34839) (.30959) (.27953) (.28368) (.28537) (.29781)
(.32147) (.37379) (.39662) (.41364) (.41203) (.39819) (.34883) (.31003) (.27997) (.28412) (.28581) (.29825)
(.32147) (.37379) (.39662) (.41364) (.41203) (.39819) (.34883) (.31003) (.27997) (.28412) (.28581) (.29825)
(.32326) (.37558) (.39841) (.41543) (.41382) (.39998) (.35062) (.31182) (.28176) (.28591) (.28760) (.30004)
(.32391) (.37623) (.39906) (.41608) (.41447) (.40063) (.35127) (.31247) (.28241) (.28656) (.28825) (.30069)
(.32523) (.37755) (.40038) (.41740) (.41579) (.40195) (.35259) (.31379) (.28373) (.28788) (.28957) (.30201)
(.32523) (.37755) (.40038) (.41740) (.41579) (.40195) (.35259) (.31379) (.28373) (.28788) (.28957) (.30201)
(.32921) (.38153) (.40436) (.42138) (.41977) (.40593) (.35657) (.31777) (.28771) (.29186) (.29355) (.30599)
(.32921) (.38153) (.40436) (.42138) (.41977) (.40593) (.35657) (.31777) (.28771) (.29186) (.29355) (.30599)
(.32927) (.38159) (.40442) (.42144) (.41983) (.40599) (.35663) (.31783) (.28777) (.29192) (.29361) (.30605)
(.32928) (.38160) (.40443) (.42145) (.41984) (.40600) (.35664) (.31784) (.28778) (.29193) (.29362) (.30606)
Dec. 6, '96 Jan. 7 Feb. 6 Mar. 6 Apr. 8 May 6 Jun. 6 Jul. 8 Aug. 6 Sep. 6 Oct. 7 Nov. 6
- Jan. 6, '97 - Feb. 5 - Mar. 5 - Apr. 7 - May 5 - Jun. 5 - Jul. 7 - Aug. 5 - Sep. 5 - Oct. 6 - Nov. 5 - Dec. 5
(.31748) (.39377) (.39231) (.34057) (.23845) (.21690) (.24104) (.25673) (.27217) (.28524) (.31818) (.35110)
(.32276) (.39904) (.39758) (.34584) (.24372) (.22217) (.24631) (.26201) (.27744) (.29052) (.32345) (.35637)
(.32320) (.39949) (.39803) (.34629) (.24416) (.22261) (.24675) (.26245) (.27789) (.29096) (.32389) (.35681)
(.32320) (.39949) (.39803) (.34629) (.24416) (.22261) (.24675) (.26245) (.27789) (.29096) (.32389) (.35681)
(.32499) (.40128) (.39982) (.34808) (.24596) (.22441) (.24855) (.26424) (.27968) (.29275) (.32569) (.35861)
(.32564) (.40193) (.40047) (.34873) (.24661) (.22506) (.24920) (.26489) (.28033) (.29340) (.32634) (.35925)
(.32696) (.40325) (.40179) (.35004) (.24792) (.22637) (.25051) (.26621) (.28165) (.29472) (.32765) (.36057)
(.32696) (.40325) (.40179) (.35004) (.24792) (.22637) (.25051) (.26621) (.28165) (.29472) (.32765) (.36057)
(.33094) (.40722) (.40576) (.35402) (.25190) (.23035) (.25449) (.27019) (.28563) (.29870) (.33163) (.36455)
(.33094) (.40722) (.40576) (.35402) (.25190) (.23035) (.25449) (.27019) (.28563) (.29870) (.33163) (.36455)
(.33100) (.40729) (.40583) (.35409) (.25197) (.23041) (.25456) (.27025) (.28569) (.29876) (.33169) (.36461)
(.33101) (.40730) (.40584) (.35410) (.25198) (.23043) (.25457) (.27026) (.28570) (.29877) (.33171) (.36463)
Dec. 6, '97 Jan. 6 Feb. 6 Mar. 6 Apr. 7 May 6 Jun. 6 Jul. 7 Aug. 6 Sep. 9 Oct. 6 Nov. 6
- Jan. 5, '98 - Feb. 5 - Mar. 5 - Apr. 6 - May 5 - Jun. 5 - Jul. 6 - Aug. 5 - Sep. 8 - Oct. 5 - Nov. 5 - Dec. 6
(.33644) (.29552) (.27568) (.27558) (.27663) (.24803) (.22254) (.20479) (.18743) (.17106) (.16707) (.16704)
(.34172) (.30080) (.28096) (.28085) (.28190) (.25330) (.22781) (.21007) (.19270) (.17634) (.17234) (.17231)
(.34216) (.30124) (.28140) (.28130) (.28234) (.25375) (.22826) (.21051) (.19315) (.17678) (.17279) (.17276)
(.34216) (.30124) (.28140) (.28130) (.28234) (.25375) (.22826) (.21051) (.19315) (.17678) (.17279) (.17276)
(.34395) (.30303) (.28319) (.28309) (.28414) (.25554) (.23005) (.21230) (.19494) (.17857) (.17458) (.17455)
(.34460) (.30368) (.28384) (.28374) (.28479) (.25619) (.23070) (.21295) (.19559) (.17922) (.17523) (.17520)
(.34592) (.30500) (.28516) (.28506) (.28610) (.25751) (.23202) (.21427) (.19691) (.18054) (.17654) (.17652)
(.34592) (.30500) (.28516) (.28506) (.28610) (.25751) (.23202) (.21427) (.19691) (.18054) (.17654) (.17652)
(.34990) (.30898) (.28914) (.28904) (.29008) (.26149) (.23600) (.21825) (.20089) (.18452) (.18052) (.18050)
(.34990) (.30898) (.28914) (.28904) (.29008) (.26149) (.23600) (.21825) (.20089) (.18452) (.18052) (.18050)
(.34996) (.30904) (.28920) (.28910) (.29014) (.26155) (.23606) (.21831) (.20095) (.18458) (.18059) (.18056)
(.34997) (.30905) (.28921) (.28911) (.29016) (.26156) (.23607) (.21832) (.20096) (.18459) (.18060) (.18057)
( ) Indicates negative amount. NOTE: This table automatically adjusts a Unit owner's basis for the cumulative difference between net taxable income recognized and cash distributions.
33
(Continued)
LL&E ROYALTY TRUST
2015 TAX INFORMATION
TABLE V NET BASIS ADJUSTMENT PER UNIT (Cash to accrual adjustment) (Cumulative) For Unit acquired of record not on/after
Month in which last 2015 distribution was received 2015
later than
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Dec. 7, '98 Jan. 6 Feb. 6 Mar. 6 Apr. 6 May 6 Jun. 8 Jul. 7 Aug. 6 Sep. 8 Oct. 6 Nov. 6
- Jan. 5, '99 - Feb. 5 - Mar. 5 - Apr. 5 - May 5 - Jun. 7 - Jul. 6 - Aug. 5 - Sep. 7 - Oct. 5 - Nov. 5 - Dec. 6
(.16928) (.16475) (.15172) (.14936) (.14478) (.14146) (.13625) (.13771) (.13976) (.15135) (.17297) (.19560)
(.17455) (.17002) (.15699) (.15463) (.15005) (.14673) (.14152) (.14298) (.14503) (.15662) (.17825) (.20087)
(.17500) (.17046) (.15743) (.15507) (.15050) (.14718) (.14196) (.14343) (.14547) (.15706) (.17869) (.20131)
(.17500) (.17046) (.15743) (.15507) (.15050) (.14718) (.14196) (.14343) (.14547) (.15706) (.17869) (.20131)
(.17679) (.17226) (.15923) (.15687) (.15229) (.14897) (.14376) (.14522) (.14727) (.15886) (.18048) (.20311)
(.17744) (.17290) (.15988) (.15752) (.15294) (.14962) (.14441) (.14587) (.14792) (.15951) (.18113) (.20375)
(.17876) (.17422) (.16119) (.15883) (.15426) (.15093) (.14572) (.14718) (.14923) (.16082) (.18245) (.20507)
(.17876) (.17422) (.16119) (.15883) (.15426) (.15093) (.14572) (.14718) (.14923) (.16082) (.18245) (.20507)
(.18274) (.17820) (.16517) (.16281) (.15824) (.15491) (.14970) (.15116) (.15321) (.16480) (.18643) (.20905)
(.18274) (.17820) (.16517) (.16281) (.15824) (.15491) (.14970) (.15116) (.15321) (.16480) (.18643) (.20905)
(.18280) (.17826) (.16523) (.16288) (.15830) (.15498) (.14976) (.15123) (.15327) (.16486) (.18649) (.20911)
(.18281) (.17828) (.16525) (.16289) (.15831) (.15499) (.14978) (.15124) (.15329) (.16488) (.18650) (.20913)
Dec. 7, '99 Jan. 6 Feb. 8 Mar. 7 Apr. 6 May 6 Jun. 6 Jul. 6 Aug. 8 Sep. 6 Oct. 6 Nov. 7
- Jan. 5, '00 - Feb. 7 - Mar. 6 - Apr. 5 - May 5 - Jun. 5 - Jul. 5 - Aug. 7 - Sep. 5 - Oct. 5 - Nov. 6 - Dec. 5
(.21669) (.24109) (.27999) (.30367) (.28615) (.27191) (.26972) (.30275) (.31778) (.31773) (.31164) (.30868)
(.22197) (.24637) (.28526) (.30894) (.29142) (.27719) (.27500) (.30802) (.32305) (.32300) (.31691) (.31395)
(.22241) (.24681) (.28571) (.30939) (.29187) (.27763) (.27544) (.30847) (.32349) (.32345) (.31736) (.31440)
(.22241) (.24681) (.28571) (.30939) (.29187) (.27763) (.27544) (.30847) (.32349) (.32345) (.31736) (.31440)
(.22420) (.24860) (.28750) (.31118) (.29366) (.27942) (.27723) (.31026) (.32529) (.32524) (.31915) (.31619)
(.22485) (.24925) (.28815) (.31183) (.29431) (.28007) (.27788) (.31091) (.32593) (.32589) (.31980) (.31684)
(.22617) (.25057) (.28947) (.31315) (.29563) (.28139) (.27920) (.31222) (.32725) (.32721) (.32112) (.31816)
(.22617) (.25057) (.28947) (.31315) (.29563) (.28139) (.27920) (.31222) (.32725) (.32721) (.32112) (.31816)
(.23015) (.25455) (.29345) (.31713) (.29960) (.28537) (.28318) (.31620) (.33123) (.33119) (.32510) (.32214)
(.23015) (.25455) (.29345) (.31713) (.29960) (.28537) (.28318) (.31620) (.33123) (.33119) (.32510) (.32214)
(.23021) (.25461) (.29351) (.31719) (.29967) (.28543) (.28324) (.31627) (.33129) (.33125) (.32516) (.32220)
(.23022) (.25462) (.29352) (.31720) (.29968) (.28544) (.28325) (.31628) (.33131) (.33126) (.32517) (.32221)
Dec. 6, '00 Jan. 6 Feb. 6 Mar. 6 Apr. 6 May 8 Jun. 6 Jul. 6 Aug. 7 Sep. 6 Oct. 6 Nov. 6
- Jan. 5, '01 - Feb. 5 - Mar. 5 - Apr. 5 - May 7 - Jun. 5 - Jul. 5 - Aug. 6 - Sep. 5 - Oct. 5 - Nov. 5 - Dec. 5
(.34029) (.36952) (.35900) (.33061) (.28595) (.28880) (.26935) (.25419) (.22373) (.19303) (.18783) (.16998)
(.34556) (.37479) (.36427) (.33588) (.29122) (.29407) (.27462) (.25946) (.22900) (.19830) (.19310) (.17525)
(.34601) (.37524) (.36472) (.33633) (.29167) (.29452) (.27507) (.25991) (.22945) (.19875) (.19355) (.17570)
(.34601) (.37524) (.36472) (.33633) (.29167) (.29452) (.27507) (.25991) (.22945) (.19875) (.19355) (.17570)
(.34780) (.37703) (.36651) (.33812) (.29346) (.29631) (.27686) (.26170) (.23124) (.20054) (.19534) (.17749)
(.34845) (.37768) (.36716) (.33877) (.29411) (.29696) (.27751) (.26235) (.23189) (.20119) (.19599) (.17814)
(.34976) (.37899) (.36847) (.34008) (.29542) (.29827) (.27882) (.26366) (.23320) (.20250) (.19730) (.17945)
(.34976) (.37899) (.36847) (.34008) (.29542) (.29827) (.27882) (.26366) (.23320) (.20250) (.19730) (.17945)
(.35374) (.38297) (.37245) (.34406) (.29940) (.30225) (.28280) (.26764) (.23718) (.20648) (.20128) (.18343)
(.35374) (.38297) (.37245) (.34406) (.29940) (.30225) (.28280) (.26764) (.23718) (.20648) (.20128) (.18343)
(.35381) (.38304) (.37252) (.34413) (.29947) (.30232) (.28287) (.26771) (.23725) (.20655) (.20135) (.18350)
(.35382) (.38305) (.37253) (.34414) (.29948) (.30233) (.28288) (.26772) (.23726) (.20656) (.20136) (.18351)
( ) Indicates negative amount. NOTE: This table automatically adjusts a Unit owner's basis for the cumulative difference between net taxable income recognized and cash distributions.
34
(Continued)
LL&E ROYALTY TRUST
2015 TAX INFORMATION
TABLE V NET BASIS ADJUSTMENT PER UNIT (Cash to accrual adjustment) (Cumulative) For Unit acquired of record not
Month in which last 2015 distribution was received 2015 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
- Jan. 7, '02 - Feb. 5 - Mar. 5 - Apr. 5 - May 6 - Jun. 5 - Jul. 5 - Aug. 5 - Sep. 5 - Oct. 4 - Nov. 5 - Dec. 5
(.17287) (.15392) (.15295) (.13957) (.13768) (.14153) (.14685) (.15718) (.16616) (.16777) (.18177) (.18945)
(.17814) (.15919) (.15822) (.14485) (.14295) (.14681) (.15213) (.16245) (.17143) (.17305) (.18704) (.19473)
(.17859) (.15964) (.15866) (.14529) (.14340) (.14725) (.15257) (.16289) (.17188) (.17349) (.18749) (.19517)
(.17859) (.15964) (.15866) (.14529) (.14340) (.14725) (.15257) (.16289) (.17188) (.17349) (.18749) (.19517)
(.18038) (.16143) (.16046) (.14708) (.14519) (.14904) (.15436) (.16469) (.17367) (.17528) (.18928) (.19696)
(.18103) (.16208) (.16110) (.14773) (.14584) (.14969) (.15501) (.16534) (.17432) (.17593) (.18993) (.19761)
(.18234) (.16339) (.16242) (.14905) (.14716) (.15101) (.15633) (.16665) (.17564) (.17725) (.19125) (.19893)
(.18234) (.16339) (.16242) (.14905) (.14716) (.15101) (.15633) (.16665) (.17564) (.17725) (.19125) (.19893)
(.18632) (.16737) (.16640) (.15303) (.15114) (.15499) (.16031) (.17063) (.17962) (.18123) (.19523) (.20291)
(.18632) (.16737) (.16640) (.15303) (.15114) (.15499) (.16031) (.17063) (.17962) (.18123) (.19523) (.20291)
(.18639) (.16744) (.16646) (.15309) (.15120) (.15505) (.16037) (.17069) (.17968) (.18129) (.19529) (.20297)
(.18640) (.16745) (.16648) (.15310) (.15121) (.15506) (.16038) (.17071) (.17969) (.18130) (.19530) (.20298)
Dec. 6, '02 Jan. 7 Feb. 6 Mar. 6 Apr. 5 May 6 Jun. 6 Jul. 8 Aug. 6 Sep. 6 Oct. 7 Nov. 6
- Jan. 6, '03 - Feb. 5 - Mar. 5 - Apr. 4 - May 5 - Jun. 5 - Jul. 7 - Aug. 5 - Sep. 5 - Oct. 6 - Nov. 5 - Dec. 5
(.20902) (.20493) (.19863) (.21138) (.20405) (.22736) (.23770) (.27728) (.28698) (.27445) (.27173) (.26669)
(.21429) (.21021) (.20391) (.21665) (.20933) (.23263) (.24298) (.28255) (.29226) (.27972) (.27700) (.27196)
(.21473) (.21065) (.20435) (.21709) (.20977) (.23307) (.24342) (.28300) (.29270) (.28016) (.27745) (.27241)
(.21473) (.21065) (.20435) (.21709) (.20977) (.23307) (.24342) (.28300) (.29270) (.28016) (.27745) (.27241)
(.21653) (.21244) (.20614) (.21888) (.21156) (.23487) (.24521) (.28479) (.29449) (.28196) (.27924) (.27420)
(.21718) (.21309) (.20679) (.21953) (.21221) (.23552) (.24586) (.28544) (.29514) (.28260) (.27989) (.27485)
(.21849) (.21441) (.20811) (.22085) (.21353) (.23683) (.24718) (.28676) (.29646) (.28392) (.28121) (.27617)
(.21849) (.21441) (.20811) (.22085) (.21353) (.23683) (.24718) (.28676) (.29646) (.28392) (.28121) (.27617)
(.22247) (.21839) (.21209) (.22483) (.21751) (.24081) (.25116) (.29074) (.30044) (.28790) (.28519) (.28015)
(.22247) (.21839) (.21209) (.22483) (.21751) (.24081) (.25116) (.29074) (.30044) (.28790) (.28519) (.28015)
(.22254) (.21845) (.21215) (.22489) (.21757) (.24087) (.25122) (.29080) (.30050) (.28796) (.28525) (.28021)
(.22255) (.21846) (.21216) (.22490) (.21758) (.24089) (.25123) (.29081) (.30051) (.28798) (.28526) (.28022)
Dec. 6, '03 Jan. 6 Feb. 6 Mar. 6 Apr. 6 May 6 Jun. 8 Jul. 7 Aug. 6 Sep. 8 Oct. 6 Nov. 6
- Jan. 5, '04 - Feb. 5 - Mar. 5 - Apr. 5 - May 5 - Jun. 7 - Jul. 6 - Aug. 5 - Sep. 7 - Oct. 5 - Nov. 5 - Dec. 6
(.29703) (.32227) (.31108) (.29032) (.24583) (.25223) (.24551) (.24733) (.24005) (.22400) (.21845) (.20297)
(.30230) (.32755) (.31635) (.29560) (.25110) (.25750) (.25078) (.25261) (.24532) (.22927) (.22372) (.20824)
(.30274) (.32799) (.31679) (.29604) (.25155) (.25795) (.25122) (.25305) (.24576) (.22971) (.22416) (.20868)
(.30274) (.32799) (.31679) (.29604) (.25155) (.25795) (.25122) (.25305) (.24576) (.22971) (.22416) (.20868)
(.30453) (.32978) (.31859) (.29783) (.25334) (.25974) (.25301) (.25484) (.24756) (.23151) (.22596) (.21048)
(.30518) (.33043) (.31924) (.29848) (.25399) (.26039) (.25366) (.25549) (.24820) (.23216) (.22661) (.21113)
(.30650) (.33175) (.32055) (.29980) (.25530) (.26171) (.25498) (.25681) (.24952) (.23347) (.22792) (.21244)
(.30650) (.33175) (.32055) (.29980) (.25530) (.26171) (.25498) (.25681) (.24952) (.23347) (.22792) (.21244)
(.31048) (.33573) (.32453) (.30378) (.25928) (.26568) (.25896) (.26079) (.25350) (.23745) (.23190) (.21642)
(.31048) (.33573) (.32453) (.30378) (.25928) (.26568) (.25896) (.26079) (.25350) (.23745) (.23190) (.21642)
(.31054) (.33579) (.32460) (.30384) (.25935) (.26575) (.25902) (.26085) (.25356) (.23752) (.23196) (.21648)
(.31055) (.33580) (.32461) (.30385) (.25936) (.26576) (.25904) (.26086) (.25358) (.23753) (.23198) (.21650)
on/after
later than
Dec. 6, '01 Jan. 8 Feb. 6 Mar. 6 Apr. 6 May 7 Jun. 6 Jul. 6 Aug. 6 Sep. 6 Oct. 5 Nov. 6
Nov
Dec
( ) Indicates negative amount. NOTE: This table automatically adjusts a Unit owner's basis for the cumulative difference between net taxable income recognized and cash distributions.
35
(Continued)
LL&E ROYALTY TRUST
2015 TAX INFORMATION
TABLE V NET BASIS ADJUSTMENT PER UNIT (Cash to accrual adjustment) (Cumulative) For Unit acquired of record not on/after
later than
Dec. 7, '04 Jan. 6 Feb. 8 Mar. 8 Apr. 6 May 6 Jun. 7 Jul. 6 Aug. 6 Sep. 7 Oct. 6 Nov. 8
- Jan. 5, '05 - Feb. 7 - Mar. 7 - Apr. 5 - May 5 - Jun. 6 - Jul. 5 - Aug. 5 - Sep. 6 - Oct. 5 - Nov. 7 - Dec. 5
Dec. 6, '05 Jan. 6 Feb. 7 Mar. 7 Apr. 6 May 6 Jun. 6 Jul. 6 Aug. 8 Sep. 6 Oct. 7 Nov. 7
- Jan. 5, '06 - Feb. 6 - Mar. 6 - Apr. 5 - May 5 - Jun. 5 - Jul. 5 - Aug. 7 - Sep. 5 - Oct. 6 - Nov. 6 - Dec. 5
Dec. 6, '06 Jan. 6 Feb. 6 Mar. 6 Apr. 6 May 6 Jun. 6 Jul. 6 Aug. 7 Sep. 6 Oct. 6 Nov. 6
- Jan. 5, '07 - Feb. 5 - Mar. 5 - Apr. 5 - May 5 - Jun. 5 - Jul. 5 - Aug. 6 - Sep. 5 - Oct. 5 - Nov. 5 - Dec. 5
Month in which last 2015 distribution was received 2015 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
(.21664) (.22488) (.22481) (.24520) (.23332) (.24873) (.21654) (.21438) (.21004) (.21513) (.18604) (.19111)
(.21709) (.22532) (.22525) (.24565) (.23376) (.24917) (.21699) (.21482) (.21048) (.21558) (.18649) (.19155)
(.21709) (.22532) (.22525) (.24565) (.23376) (.24917) (.21699) (.21482) (.21048) (.21558) (.18649) (.19155)
(.21888) (.22711) (.22704) (.24744) (.23555) (.25097) (.21878) (.21662) (.21227) (.21737) (.18828) (.19334)
(.21953) (.22776) (.22769) (.24809) (.23620) (.25162) (.21943) (.21727) (.21292) (.21802) (.18893) (.19399)
(.22084) (.22908) (.22901) (.24940) (.23752) (.25293) (.22075) (.21858) (.21424) (.21934) (.19025) (.19531)
(.22084) (.22908) (.22901) (.24940) (.23752) (.25293) (.22075) (.21858) (.21424) (.21934) (.19025) (.19531)
(.22482) (.23306) (.23299) (.25338) (.24150) (.25691) (.22473) (.22256) (.21822) (.22332) (.19423) (.19929)
(.22482) (.23306) (.23299) (.25338) (.24150) (.25691) (.22473) (.22256) (.21822) (.22332) (.19423) (.19929)
(.22489) (.23312) (.23305) (.25345) (.24156) (.25698) (.22479) (.22262) (.21828) (.22338) (.19429) (.19935)
(.22490) (.23313) (.23306) (.25346) (.24158) (.25699) (.22480) (.22264) (.21829) (.22339) (.19430) (.19936)
(.18238) (.17952) (.17663) (.17539) (.17396) (.17874) (.19891) (.23022) (.25881) (.25265) (.23042) (.20442)
(.18765) (.18479) (.18190) (.18066) (.17923) (.18401) (.20418) (.23549) (.26409) (.25792) (.23570) (.20969)
(.18809) (.18523) (.18235) (.18111) (.17968) (.18445) (.20462) (.23594) (.26453) (.25837) (.23614) (.21013)
(.18809) (.18523) (.18235) (.18111) (.17968) (.18445) (.20462) (.23594) (.26453) (.25837) (.23614) (.21013)
(.18989) (.18703) (.18414) (.18290) (.18147) (.18625) (.20642) (.23773) (.26632) (.26016) (.23793) (.21193)
(.19053) (.18768) (.18479) (.18355) (.18212) (.18690) (.20707) (.23838) (.26697) (.26081) (.23858) (.21258)
(.19185) (.18899) (.18610) (.18486) (.18344) (.18821) (.20838) (.23969) (.26829) (.26212) (.23990) (.21389)
(.19185) (.18899) (.18610) (.18486) (.18344) (.18821) (.20838) (.23969) (.26829) (.26212) (.23990) (.21389)
(.19583) (.19297) (.19008) (.18884) (.18742) (.19219) (.21236) (.24367) (.27227) (.26610) (.24388) (.21787)
(.19583) (.19297) (.19008) (.18884) (.18742) (.19219) (.21236) (.24367) (.27227) (.26610) (.24388) (.21787)
(.19589) (.19304) (.19015) (.18891) (.18748) (.19225) (.21242) (.24374) (.27233) (.26617) (.24394) (.21794)
(.19591) (.19305) (.19016) (.18892) (.18749) (.19227) (.21244) (.24375) (.27234) (.26618) (.24395) (.21795)
(.20124) (.19415) (.18897) (.18129) (.17769) (.16817) (.16304) (.20252) (.19646) (.18950) (.14902) (.14365)
(.20651) (.19943) (.19425) (.18656) (.18297) (.17344) (.16832) (.20779) (.20174) (.19477) (.15429) (.14892)
(.20695) (.19987) (.19469) (.18700) (.18341) (.17389) (.16876) (.20824) (.20218) (.19522) (.15473) (.14936)
(.20695) (.19987) (.19469) (.18700) (.18341) (.17389) (.16876) (.20824) (.20218) (.19522) (.15473) (.14936)
(.20875) (.20166) (.19648) (.18880) (.18520) (.17568) (.17055) (.21003) (.20397) (.19701) (.15653) (.15116)
(.20940) (.20231) (.19713) (.18945) (.18585) (.17633) (.17120) (.21068) (.20462) (.19766) (.15718) (.15181)
(.21071) (.20363) (.19845) (.19076) (.18717) (.17765) (.17252) (.21199) (.20594) (.19898) (.15849) (.15312)
(.21071) (.20363) (.19845) (.19076) (.18717) (.17765) (.17252) (.21199) (.20594) (.19898) (.15849) (.15312)
(.21469) (.20761) (.20243) (.19474) (.19115) (.18163) (.17650) (.21597) (.20992) (.20296) (.16247) (.15710)
(.21469) (.20761) (.20243) (.19474) (.19115) (.18163) (.17650) (.21597) (.20992) (.20296) (.16247) (.15710)
(.21475) (.20767) (.20249) (.19480) (.19121) (.18169) (.17656) (.21604) (.20998) (.20302) (.16253) (.15716)
(.21477) (.20768) (.20250) (.19482) (.19122) (.18170) (.17657) (.21605) (.20999) (.20303) (.16255) (.15718)
(.21137) (.21960) (.21953) (.23993) (.22805) (.24346) (.21127) (.20911) (.20476) (.20986) (.18077) (.18584)
Nov
Dec
( ) Indicates negative amount. NOTE: This table automatically adjusts a Unit owner's basis for the cumulative difference between net taxable income recognized and cash distributions.
36
(Continued)
LL&E ROYALTY TRUST
2015 TAX INFORMATION
TABLE V NET BASIS ADJUSTMENT PER UNIT (Cash to accrual adjustment) (Cumulative) For Unit acquired of record not on/after
Month in which last 2015 distribution was received 2015
later than
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Dec 6, '07 Jan. 5 Feb. 6 Mar. 6 Apr. 8 May 6 Jun. 6 Jul. 8 Aug. 6 Sep. 6 Oct. 8 Nov. 6
- Jan. 4, '08 - Feb. 5 - Mar. 5 - Apr. 7 - May 5 - Jun. 5 - Jul. 7 - Aug. 5 - Sep. 5 - Oct. 7 - Nov. 5 - Dec. 5
(.14102) (.16199) (.15823) (.15607) (.14947) (.14456) (.13886) (.13555) (.12709) (.12692) (.14658) (.14591)
(.14629) (.16726) (.16350) (.16134) (.15475) (.14983) (.14413) (.14083) (.13236) (.13219) (.15185) (.15118)
(.14674) (.16771) (.16395) (.16179) (.15519) (.15027) (.14458) (.14127) (.13280) (.13264) (.15230) (.15163)
(.14674) (.16771) (.16395) (.16179) (.15519) (.15027) (.14458) (.14127) (.13280) (.13264) (.15230) (.15163)
(.14853) (.16950) (.16574) (.16358) (.15698) (.15207) (.14637) (.14306) (.13459) (.13443) (.15409) (.15342)
(.14918) (.17015) (.16639) (.16423) (.15763) (.15272) (.14702) (.14371) (.13524) (.13508) (.15474) (.15407)
(.15049) (.17147) (.16771) (.16555) (.15895) (.15403) (.14834) (.14503) (.13656) (.13639) (.15606) (.15539)
(.15049) (.17147) (.16771) (.16555) (.15895) (.15403) (.14834) (.14503) (.13656) (.13639) (.15606) (.15539)
(.15447) (.17545) (.17169) (.16953) (.16293) (.15801) (.15232) (.14901) (.14054) (.14037) (.16004) (.15937)
(.15447) (.17545) (.17169) (.16953) (.16293) (.15801) (.15232) (.14901) (.14054) (.14037) (.16004) (.15937)
(.15454) (.17551) (.17175) (.16959) (.16299) (.15808) (.15238) (.14907) (.14060) (.14044) (.16010) (.15943)
(.15455) (.17552) (.17176) (.16960) (.16300) (.15809) (.15239) (.14908) (.14061) (.14045) (.16011) (.15944)
Dec 6, '08 Jan. 6 Feb. 6 Mar. 6 Apr. 7 May 6 Jun. 6 Jul. 7 Aug. 6 Sep. 5 Oct. 6 Nov. 6
- Jan. 5, '09 - Feb. 5 - Mar. 5 - Apr. 6 - May 5 - Jun. 5 - Jul. 6 - Aug. 5 - Sep. 4 - Oct. 5 - Nov. 5 - Dec. 4
(.14888) (.13527) (.13168) (.12989) (.12298) (.12362) (.13333) (.13340) (.13191) (.12209) (.12206) (.12717)
(.15416) (.14054) (.13695) (.13516) (.12825) (.12889) (.13861) (.13867) (.13718) (.12736) (.12733) (.13245)
(.15460) (.14099) (.13739) (.13560) (.12870) (.12934) (.13905) (.13912) (.13762) (.12781) (.12778) (.13289)
(.15460) (.14099) (.13739) (.13560) (.12870) (.12934) (.13905) (.13912) (.13762) (.12781) (.12778) (.13289)
(.15639) (.14278) (.13919) (.13740) (.13049) (.13113) (.14084) (.14091) (.13942) (.12960) (.12957) (.13468)
(.15704) (.14343) (.13984) (.13805) (.13114) (.13178) (.14149) (.14156) (.14007) (.13025) (.13022) (.13533)
(.15836) (.14474) (.14115) (.13936) (.13245) (.13310) (.14281) (.14288) (.14138) (.13157) (.13154) (.13665)
(.15836) (.14474) (.14115) (.13936) (.13245) (.13310) (.14281) (.14288) (.14138) (.13157) (.13154) (.13665)
(.16234) (.14872) (.14513) (.14334) (.13643) (.13708) (.14679) (.14686) (.14536) (.13555) (.13552) (.14063)
(.16234) (.14872) (.14513) (.14334) (.13643) (.13708) (.14679) (.14686) (.14536) (.13555) (.13552) (.14063)
(.16240) (.14879) (.14519) (.14340) (.13650) (.13714) (.14685) (.14692) (.14542) (.13561) (.13558) (.14069)
(.16241) (.14880) (.14521) (.14342) (.13651) (.13715) (.14686) (.14693) (.14544) (.13562) (.13559) (.14070)
Dec. 6, '09 Jan. 6 Feb. 6 Mar. 6 Apr. 6 May 6 Jun. 8 Jul. 6 Aug. 6 Sep. 7 Oct. 6 Nov. 6
- Jan. 5, '10 - Feb. 5 - Mar. 5 - Apr. 5 - May 5 - Jun. 7 - Jul. 5 - Aug. 5 - Sep. 6 - Oct. 5 - Nov. 5 - Dec. 5
(.12203) (.12179) (.10993) (.10023) (.10023) (.09989) (.11073) (.09958) (.09950) (.09829) (.09183) (.09090)
(.12730) (.12706) (.11521) (.10551) (.10551) (.10516) (.11601) (.10485) (.10477) (.10357) (.09710) (.09617)
(.12774) (.12750) (.11565) (.10595) (.10595) (.10560) (.11645) (.10530) (.10522) (.10401) (.09754) (.09662)
(.12774) (.12750) (.11565) (.10595) (.10595) (.10560) (.11645) (.10530) (.10522) (.10401) (.09754) (.09662)
(.12954) (.12930) (.11744) (.10774) (.10774) (.10740) (.11824) (.10709) (.10701) (.10580) (.09934) (.09841)
(.13019) (.12995) (.11809) (.10839) (.10839) (.10805) (.11889) (.10774) (.10766) (.10645) (.09999) (.09906)
(.13150) (.13126) (.11941) (.10971) (.10971) (.10936) (.12021) (.10906) (.10898) (.10777) (.10130) (.10037)
(.13150) (.13126) (.11941) (.10971) (.10971) (.10936) (.12021) (.10906) (.10898) (.10777) (.10130) (.10037)
(.13548) (.13524) (.12339) (.11369) (.11369) (.11334) (.12419) (.11304) (.11296) (.11175) (.10528) (.10435)
(.13548) (.13524) (.12339) (.11369) (.11369) (.11334) (.12419) (.11304) (.11296) (.11175) (.10528) (.10435)
(.13554) (.13530) (.12345) (.11375) (.11375) (.11340) (.12425) (.11310) (.11302) (.11181) (.10534) (.10442)
(.13556) (.13532) (.12346) (.11376) (.11376) (.11342) (.12426) (.11311) (.11303) (.11182) (.10536) (.10443)
( ) Indicates negative amount. NOTE: This table automatically adjusts a Unit owner's basis for the cumulative difference between net taxable income recognized and cash distributions.
37
(Continued)
LL&E ROYALTY TRUST
2015 TAX INFORMATION
TABLE V NET BASIS ADJUSTMENT PER UNIT (Cash to accrual adjustment) (Cumulative) For Unit acquired of record not
Month in which last 2015 distribution was received 2015 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
- Jan. 5, '11 - Feb. 4 - Mar. 4 - Apr. 5 - May 5 - Jun. 6 - Jul. 5 - Aug. 5 - Sep. 5 - Oct. 5 - Nov. 4 - Dec. 5
(.09081) (.09081) (.09043) (.09043) (.09030) (.08256) (.06125) (.06117) (.05378) (.04587) (.04578) (.04155)
(.09609) (.09609) (.09571) (.09571) (.09558) (.08784) (.06653) (.06645) (.05906) (.05115) (.05106) (.04683)
(.09653) (.09653) (.09615) (.09615) (.09602) (.08828) (.06697) (.06689) (.05950) (.05159) (.05150) (.04727)
(.09653) (.09653) (.09615) (.09615) (.09602) (.08828) (.06697) (.06689) (.05950) (.05159) (.05150) (.04727)
(.09832) (.09832) (.09794) (.09794) (.09781) (.09007) (.06876) (.06868) (.06129) (.05338) (.05329) (.04906)
(.09897) (.09897) (.09859) (.09859) (.09846) (.09072) (.06941) (.06933) (.06194) (.05403) (.05394) (.04971)
(.10029) (.10029) (.09991) (.09991) (.09978) (.09204) (.07073) (.07065) (.06326) (.05535) (.05526) (.05103)
(.10029) (.10029) (.09991) (.09991) (.09978) (.09204) (.07073) (.07065) (.06326) (.05535) (.05526) (.05103)
(.10427) (.10427) (.10389) (.10389) (.10376) (.09602) (.07471) (.07463) (.06724) (.05933) (.05924) (.05501)
(.10427) (.10427) (.10389) (.10389) (.10376) (.09602) (.07471) (.07463) (.06724) (.05933) (.05924) (.05501)
(.10433) (.10433) (.10395) (.10395) (.10382) (.09608) (.07477) (.07469) (.06730) (.05939) (.05930) (.05507)
(.10434) (.10434) (.10396) (.10396) (.10383) (.09609) (.07478) (.07470) (.06731) (.05940) (.05931) (.05508)
Dec. 6, '11 Jan. 6 Feb. 7 Mar. 6 Apr. 6 May. 5 Jun. 6 Jul. 6 Aug. 7 Sep. 6 Oct. 6 Nov. 6
- Jan. 5, '12 - Feb. 6 - Mar. 5 - Apr. 5 - May 4 - Jun. 5 - Jul. 5 - Aug. 6 - Sep. 5 - Oct. 5 - Nov. 5 - Dec. 5
(.04155) (.03591) (.03591) (.03316) (.03269) (.03045) (.02794) (.02782) (.02770) (.02685) (.02552) (.02552)
(.04683) (.04119) (.04119) (.03844) (.03796) (.03572) (.03322) (.03309) (.03297) (.03213) (.03079) (.03079)
(.04727) (.04163) (.04163) (.03888) (.03841) (.03616) (.03366) (.03354) (.03341) (.03257) (.03123) (.03123)
(.04727) (.04163) (.04163) (.03888) (.03841) (.03616) (.03366) (.03354) (.03341) (.03257) (.03123) (.03123)
(.04906) (.04342) (.04342) (.04067) (.04020) (.03796) (.03545) (.03533) (.03521) (.03436) (.03303) (.03303)
(.04971) (.04407) (.04407) (.04132) (.04085) (.03861) (.03610) (.03598) (.03586) (.03501) (.03368) (.03368)
(.05103) (.04539) (.04539) (.04264) (.04216) (.03992) (.03742) (.03730) (.03717) (.03633) (.03499) (.03499)
(.05103) (.04539) (.04539) (.04264) (.04216) (.03992) (.03742) (.03730) (.03717) (.03633) (.03499) (.03499)
(.05501) (.04937) (.04937) (.04662) (.04614) (.04390) (.04140) (.04128) (.04115) (.04031) (.03897) (.03897)
(.05501) (.04937) (.04937) (.04662) (.04614) (.04390) (.04140) (.04128) (.04115) (.04031) (.03897) (.03897)
(.05507) (.04943) (.04943) (.04668) (.04621) (.04396) (.04146) (.04134) (.04122) (.04037) (.03903) (.03903)
(.05508) (.04944) (.04944) (.04669) (.04622) (.04398) (.04147) (.04135) (.04123) (.04038) (.03905) (.03905)
Dec. 6, '12 Jan. 5 Feb. 6 Mar. 6 Apr. 6 May. 7 Jun. 6 Jul. 6 Aug. 6 Sep. 6 Oct. 5 Nov. 6
- Jan. 4, '13 - Feb. 5 - Mar. 5 - Apr. 5 - May 6 - Jun. 5 - Jul. 5 - Aug. 5 - Sep. 5 - Oct. 4 - Nov. 5 - Dec. 5
(.02552) (.02372) (.02372) (.02372) (.02015) (.02015) (.02015) (.02015) (.01098) (.01014) (.00917) (.00810)
(.03079) (.02899) (.02899) (.02899) (.02542) (.02542) (.02542) (.02542) (.01625) (.01541) (.01444) (.01337)
(.03123) (.02944) (.02944) (.02944) (.02587) (.02587) (.02587) (.02587) (.01670) (.01585) (.01488) (.01381)
(.03123) (.02944) (.02944) (.02944) (.02587) (.02587) (.02587) (.02587) (.01670) (.01585) (.01488) (.01381)
(.03303) (.03123) (.03123) (.03123) (.02766) (.02766) (.02766) (.02766) (.01849) (.01765) (.01668) (.01561)
(.03368) (.03188) (.03188) (.03188) (.02831) (.02831) (.02831) (.02831) (.01914) (.01830) (.01733) (.01626)
(.03499) (.03320) (.03320) (.03320) (.02963) (.02963) (.02963) (.02963) (.02045) (.01961) (.01864) (.01757)
(.03499) (.03320) (.03320) (.03320) (.02963) (.02963) (.02963) (.02963) (.02045) (.01961) (.01864) (.01757)
(.03897) (.03718) (.03718) (.03718) (.03361) (.03361) (.03361) (.03361) (.02443) (.02359) (.02262) (.02155)
(.03897) (.03718) (.03718) (.03718) (.03361) (.03361) (.03361) (.03361) (.02443) (.02359) (.02262) (.02155)
(.03903) (.03724) (.03724) (.03724) (.03367) (.03367) (.03367) (.03367) (.02450) (.02365) (.02268) (.02161)
(.03905) (.03725) (.03725) (.03725) (.03368) (.03368) (.03368) (.03368) (.02451) (.02367) (.02270) (.02163)
on/after
later than
Dec. 6, '10 Jan. 6 Feb. 5 Mar. 5 Apr. 6 May 6 Jun. 7 Jul. 6 Aug. 6 Sep. 6 Oct. 6 Nov. 5
Nov
Dec
( ) Indicates negative amount. NOTE: This table automatically adjusts a Unit owner's basis for the cumulative difference between net taxable income recognized and cash distributions.
38
(Continued)
LL&E ROYALTY TRUST
2015 TAX INFORMATION
TABLE V NET BASIS ADJUSTMENT PER UNIT (Cash to accrual adjustment) (Cumulative) For Unit acquired of record not on/after
Month in which last 2015 distribution was received 2015
later than
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Dec 6, '13 Jan. 7 Feb. 6 Mar. 6 Apr. 5 May. 6 Jun. 6 Jul. 5 Aug. 6 Sep. 6 Oct. 7 Nov. 6
- Jan. 6, '14 Feb. 5 Mar. 5 Apr. 4 May. 5 Jun. 5 Jul. 4 Aug. 5 Sep. 5 Oct. 6 Nov. 5 Dec. 5
(.00794) (.00764) (.00390) (.00260) (.00231) (.00212) (.00180) (.00180) (.00180) (.00180) (.00176) (.00176)
(.01321) (.01291) (.00917) (.00787) (.00758) (.00739) (.00707) (.00707) (.00707) (.00707) (.00703) (.00703)
(.01365) (.01336) (.00961) (.00832) (.00803) (.00784) (.00752) (.00752) (.00752) (.00752) (.00747) (.00747)
(.01365) (.01336) (.00961) (.00832) (.00803) (.00784) (.00752) (.00752) (.00752) (.00752) (.00747) (.00747)
(.01545) (.01515) (.01141) (.01011) (.00982) (.00963) (.00931) (.00931) (.00931) (.00931) (.00927) (.00926)
(.01610) (.01580) (.01206) (.01076) (.01047) (.01028) (.00996) (.00996) (.00996) (.00996) (.00992) (.00991)
(.01741) (.01711) (.01337) (.01208) (.01179) (.01159) (.01128) (.01128) (.01127) (.01127) (.01123) (.01123)
(.01741) (.01711) (.01337) (.01208) (.01179) (.01159) (.01128) (.01128) (.01127) (.01127) (.01123) (.01123)
(.02139) (.02109) (.01735) (.01606) (.01577) (.01557) (.01526) (.01526) (.01525) (.01525) (.01521) (.01521)
(.02139) (.02109) (.01735) (.01606) (.01577) (.01557) (.01526) (.01526) (.01525) (.01525) (.01521) (.01521)
(.02145) (.02116) (.01742) (.01612) (.01583) (.01564) (.01532) (.01532) (.01532) (.01532) (.01527) (.01527)
(.02147) (.02117) (.01743) (.01613) (.01584) (.01565) (.01533) (.01533) (.01533) (.01533) (.01529) (.01528)
Dec 6, '14 Jan. 6 Feb. 6 Mar. 6 Apr. 7 May. 6 Jun. 6 Jul. 7 Aug. 6 Sep. 5 Oct. 6 Nov. 6
- Jan. 5, '15 Feb. 5 Mar. 5 Apr. 6 May. 5 Jun. 5 Jul. 6 Aug. 5 Sep. 4 Oct. 5 Nov. 5 Dec. 4
(.00014)
(.00542) (.00527)
(.00586) (.00572) (.00044)
(.00586) (.00572) (.00044) .00000
(.00765) (.00751) (.00224) (.00179) (.00179)
(.00830) (.00816) (.00289) (.00244) (.00244) (.00065)
(.00962) (.00948) (.00420) (.00376) (.00376) (.00197) (.00132)
(.00962) (.00948) (.00420) (.00376) (.00376) (.00197) (.00132) .00000
(.01360) (.01346) (.00818) (.00774) (.00774) (.00595) (.00530) (.00398) (.00398)
(.01360) (.01346) (.00818) (.00774) (.00774) (.00595) (.00530) (.00398) (.00398) .00000
(.01366) (.01352) (.00824) (.00780) (.00780) (.00601) (.00536) (.00404) (.00404) (.00006) (.00006)
(.01367) (.01353) (.00826) (.00781) (.00781) (.00602) (.00537) (.00405) (.00405) (.00007) (.00007) (.00001)
( ) Indicates negative amount. NOTE: This table automatically adjusts a Unit owner's basis for the cumulative difference between net taxable income recognized and cash distributions.
39
(Continued)
LL&E ROYALTY TRUST 2015 TAX INFORMATION
TABLE VI ALLOCATION OF BASIS TO ACCOUNTS RECEIVABLE (For all unit owners who acquired Units on or after January 1, 1987)
For Unit acquired of record not on/after later than
Jay Field (Alabama)
Jay Field (Florida)
Fort Worth South Pass Basin 89 (Texas) (Federal)
Offshore Louisiana (Federal)
Fee Lands (Louisiana)
Total
Inception
- Dec. 31, '86
.00000
.00000
.00000
.00000
.00000
.00000
.00000
Jan. 1, '87 Jan. 6 Feb. 6 Mar. 6 Apr. 7 May 6 Jun. 6 Jul. 7 Aug. 6 Sep. 9 Oct. 6 Nov. 6
- Jan. 5, '87 - Feb. 5 - Mar. 5 - Apr. 6 - May 5 - Jun. 5 - Jul. 6 - Aug. 5 - Sep. 8 - Oct. 5 - Nov. 5 - Dec. 7
.00025 .00021 .00022 .00025 .00028 .00030 .00027 .00029 .00000 .00031 .00031 .00040
.00311 .00270 .00272 .00317 .00353 .00378 .00346 .00363 .00380 .00396 .00391 .00505
.00009 .00008 .00008 .00009 .00010 .00011 .00010 .00011 .00011 .00011 .00011 .00015
.01508 .01310 .01320 .01539 .01711 .01832 .01675 .01760 .01840 .01918 .01893 .02448
.00741 .00644 .00649 .00756 .00841 .00900 .00823 .00865 .00934 .00943 .00930 .01203
.00461 .00401 .00404 .00471 .00523 .00560 .00512 .00538 .00563 .00587 .00579 .00749
.03055 .02654 .02675 .03117 .03466 .03711 .03393 .03566 .03728 .03886 .03835 .04960
Dec. 8, '87 Jan. 6 Feb. 6 Mar. 8 Apr. 6 May 6 Jun. 7 Jul. 7 Aug. 6 Sep. 7 Oct. 6 Nov. 8
- Jan. 5, '88 - Feb. 5 - Mar. 7 - Apr. 5 - May 5 - Jun. 6 - Jul. 6 - Aug. 5 - Sep. 6 - Oct. 5 - Nov. 7 - Dec. 5
.00086 .00079 .00086 .00085 .00085 .00082 .00090 .00090 .00094 .00093 .00102 .00088
.01102 .01016 .01100 .01094 .01088 .01055 .01151 .01160 .01207 .01194 .01309 .01125
.00007 .00007 .00007 .00007 .00007 .00007 .00008 .00008 .00008 .00008 .00009 .00007
.01455 .01341 .01452 .01443 .01437 .01393 .01519 .01531 .01593 .01576 .01728 .01485
.00688 .00634 .00686 .00682 .00679 .00658 .00718 .00724 .00753 .00745 .00817 .00702
.00313 .00288 .00312 .00310 .00309 .00299 .00327 .00329 .00342 .00339 .00371 .00319
.03651 .03365 .03643 .03621 .03605 .03494 .03813 .03842 .03997 .03955 .04336 .03726
Dec. 6, '88 Jan. 6 Feb. 7 Mar. 7 Apr. 6 May 6 Jun. 6 Jul. 6 Aug. 8 Sep. 6 Oct. 6 Nov. 7
- Jan. 5, '89 - Feb. 6 - Mar. 6 - Apr. 5 - May 5 - Jun. 5 - Jul. 5 - Aug. 7 - Sep. 5 - Oct. 5 - Nov. 6 - Dec. 5
.00070 .00058 .00071 .00080 .00119 .00162 .00133 .00128 .00106 .00133 .00162 .00167
.00896 .00739 .00913 .01026 .01525 .02081 .01709 .01645 .01353 .01709 .02074 .02133
.00040 .00033 .00041 .00046 .00069 .00094 .00077 .00074 .00061 .00077 .00093 .00096
.01147 .00946 .01169 .01312 .01952 .02662 .02187 .02105 .01732 .02187 .02654 .02730
.00425 .00350 .00433 .00486 .00723 .00986 .00810 .00780 .00642 .00810 .00983 .01011
.00354 .00292 .00361 .00405 .00602 .00821 .00675 .00649 .00534 .00675 .00819 .00842
.02932 .02418 .02988 .03355 .04990 .06806 .05591 .05381 .04428 .05591 .06785 .06979
(Continued)
40
LL&E ROYALTY TRUST 2015 TAX INFORMATION
TABLE VI ALLOCATION OF BASIS TO ACCOUNTS RECEIVABLE (For all unit owners who acquired Units on or after January 1, 1987)
For Unit acquired of record not on/after later than
Jay Field (Alabama)
Jay Field (Florida)
Fort Worth South Pass Basin 89 (Texas) (Federal)
Offshore Louisiana (Federal)
Fee Lands (Louisiana)
Total
Dec. 6, '89 Jan. 6. Feb. 6 Mar. 6 Apr. 6 May 8 Jun. 6 Jul. 6 Aug. 7 Sep. 6 Oct. 6 Nov. 6
- Jan. 5, '90 - Feb. 5 - Mar. 5 - Apr. 5 - May 7 - Jun. 5 - Jul. 5 - Aug. 6 - Sep. 5 - Oct. 5 - Nov. 5 - Dec. 5
.00207 .00196 .00170 .00173 .00171 .00185 .00140 .00125 .00130 .00221 .00294 .00399
.02676 .02532 .02194 .02239 .02206 .02394 .01812 .01608 .01683 .02854 .03801 .05152
.00020 .00019 .00017 .00017 .00017 .00018 .00014 .00012 .00013 .00022 .00029 .00039
.01935 .01831 .01587 .01619 .01595 .01732 .01310 .01163 .01217 .02064 .02749 .03726
.00556 .00526 .00456 .00465 .00458 .00497 .00376 .00334 .00350 .00593 .00790 .01070
.00476 .00450 .00390 .00398 .00392 .00426 .00322 .00286 .00299 .00508 .00676 .00916
.05870 .05554 .04814 .04911 .04839 .05252 .03974 .03528 .03692 .06262 .08339 .11302
Dec. 6, '90 Jan. 8 Feb. 6 Mar. 6 Apr. 6 May 7 Jun. 6 Jul. 6 Aug. 6 Sep. 6 Oct. 8 Nov. 6
- Jan. 7, '91 - Feb. 5 - Mar. 5 - Apr. 5 - May 6 - Jun. 5 - Jul. 5 - Aug. 5 - Sep. 5 - Oct. 7 - Nov. 5 - Dec. 5
.00626 .00509 .00308 .00214 .00184 .00141 .00089 .00018 .00017 .00023 .00020 .00026
.07966 .06480 .03921 .02723 .02339 .01799 .01137 .00234 .00222 .00294 .00253 .00332
.00003 .00002 .00001 .00001 .00001 .00001 .00000 .00000 .00000 .00000 .00000 .00000
.02559 .02082 .01260 .00875 .00751 .00578 .00365 .00075 .00071 .00094 .00081 .00107
.00280 .00228 .00138 .00096 .00082 .00063 .00040 .00008 .00008 .00010 .00009 .00012
.00655 .00532 .00322 .00224 .00192 .00148 .00093 .00019 .00018 .00024 .00021 .00027
.12089 .09833 .05950 .04133 .03549 .02730 .01724 .00354 .00336 .00445 .00384 .00504
Dec. 6, '91 Jan. 7 Feb. 6 Mar. 6 Apr. 7 May 6 Jun. 6 Jul. 7 Aug. 6 Sep. 8 Oct. 6 Nov. 6
- Jan. 6, '92 - Feb. 5 - Mar. 5 - Apr. 6 - May 5 - Jun. 5 - Jul. 6 - Aug. 5 - Sep. 7 - Oct. 5 - Nov. 5 - Dec. 7
.00027 .00117 .00080 .00089 .00043 .00056 .00094 .00101 .00123 .00119 .00143 .00149
.00298 .01310 .00893 .00998 .00484 .00630 .01050 .01135 .01378 .01334 .01605 .01669
.00009 .00038 .00026 .00029 .00014 .00018 .00030 .00033 .00040 .00038 .00046 .00048
.00356 .01564 .01067 .01191 .00578 .00752 .01253 .01355 .01645 .01593 .01916 .01993
.00074 .00327 .00223 .00249 .00121 .00157 .00262 .00283 .00344 .00333 .00400 .00416
.00032 .00140 .00096 .00107 .00052 .00067 .00112 .00121 .00147 .00143 .00172 .00178
.00796 .03496 .02385 .02663 .01292 .01680 .02801 .03028 .03677 .03560 .04282 .04453
(Continued)
41
LL&E ROYALTY TRUST 2015 TAX INFORMATION
TABLE VI ALLOCATION OF BASIS TO ACCOUNTS RECEIVABLE (For all unit owners who acquired Units on or after January 1, 1987)
For Unit acquired of record not on/after later than
Jay Field (Alabama)
Jay Field (Florida)
Fort Worth South Pass Basin 89 (Texas) (Federal)
Offshore Louisiana (Federal)
Fee Lands (Louisiana)
Total
Dec. 8, '92 Jan. 6 Feb. 6 Mar. 6 Apr. 7 May 6 Jun. 9 Jul. 7 Aug. 6 Sep. 8 Oct. 6 Nov. 6
- Jan. 5 '93 - Feb. 5 - Mar. 5 - Apr. 5 - May 5 - Jun. 8 - Jul. 6 - Aug. 5 - Sep. 7 - Oct. 5 - Nov. 5 - Dec. 6
.00100 .00081 .00080 .00070 .00066 .00054 .00057 .00048 .00058 .00072 .00076 .00068
.01105 .00892 .00880 .00775 .00723 .00593 .00631 .00529 .00642 .00796 .00839 .00749
.00011 .00009 .00009 .00008 .00007 .00006 .00006 .00005 .00007 .00008 .00009 .00008
.01705 .01377 .01357 .01195 .01115 .00914 .00974 .00816 .00991 .01228 .01295 .01155
.00543 .00438 .00432 .00381 .00355 .00291 .00310 .00260 .00316 .00391 .00412 .00368
.00093 .00075 .00074 .00065 .00061 .00050 .00053 .00045 .00054 .00067 .00071 .00063
.03557 .02872 .02832 .02494 .02327 .01908 .02031 .01703 .02068 .02562 .02702 .02411
Dec. 7, '93 Jan. 6 Feb. 8 Mar. 8 Apr. 6 May 6 Jun. 7 Jul. 6 Aug. 6 Sep. 7 Oct. 6 Nov. 8
- Jan. 5, '94 - Feb. 7 - Mar. 7 - Apr. 5 - May 5 - Jun. 6 - Jul. 5 - Aug. 5 - Sep. 6 - Oct. 5 - Nov. 7 - Dec. 5
.00130 .00129 .00131 .00138 .00144 .00166 .00193 .00189 .00166 .00122 .00091 .00093
.01550 .01535 .01566 .01644 .01717 .01976 .02305 .02254 .01974 .01460 .01081 .01107
.00003 .00003 .00003 .00003 .00004 .00004 .00005 .00005 .00004 .00003 .00002 .00002
.00678 .00671 .00685 .00719 .00751 .00864 .01009 .00986 .00864 .00639 .00473 .00484
.00138 .00136 .00139 .00146 .00153 .00176 .00205 .00200 .00176 .00130 .00096 .00098
.00048 .00047 .00048 .00051 .00053 .00061 .00071 .00069 .00061 .00045 .00033 .00034
.02547 .02521 .02572 .02701 .02822 .03247 .03788 .03703 .03245 .02399 .01776 .01818
Dec. 6, '94 Jan. 6 Feb. 7 Mar. 7 Apr. 6 May 6 Jun. 6 Jul. 6 Aug. 8 Sep. 6 Oct. 6 Nov. 7
- Jan. 5, '95 - Feb. 6 - Mar. 6 - Apr. 5 - May 5 - Jun. 5 - Jul. 5 - Aug. 7 - Sep. 5 - Oct. 5 - Nov. 6 - Dec. 5
.00097 .00094 .00094 .00129 .00162 .00173 .00200 .00181 .00149 .00143 .00175 .00241
.01132 .01100 .01092 .01501 .01885 .02017 .02327 .02106 .01735 .01664 .02037 .02808
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00378 .00367 .00365 .00501 .00629 .00673 .00777 .00703 .00579 .00556 .00680 .00937
.00222 .00216 .00215 .00295 .00370 .00396 .00457 .00414 .00341 .00327 .00400 .00552
.00038 .00037 .00036 .00050 .00063 .00067 .00078 .00070 .00058 .00056 .00068 .00094
.01867 .01814 .01802 .02476 .03109 .03326 .03839 .03474 .02862 .02746 .03360 .04632
(Continued)
42
LL&E ROYALTY TRUST 2015 TAX INFORMATION
TABLE VI ALLOCATION OF BASIS TO ACCOUNTS RECEIVABLE (For all unit owners who acquired Units on or after January 1, 1987)
For Unit acquired of record not on/after later than
Jay Field (Alabama)
Jay Field (Florida)
Fort Worth South Pass Basin 89 (Texas) (Federal)
Offshore Louisiana (Federal)
Fee Lands (Louisiana)
Total
Dec. 6, '95 Jan. 6 Feb. 6 Mar. 6 Apr. 6 May 7 Jun. 6 Jul. 6 Aug. 6 Sep. 6 Oct. 8 Nov. 6
- Jan. 5, '96 - Feb. 5 - Mar. 5 - Apr. 5 - May 6 - Jun. 5 - Jul. 5 - Aug. 5 - Sep. 5 - Oct. 7 - Nov. 5 - Dec. 5
.00309 .00379 .00389 .00363 .00356 .00339 .00281 .00238 .00205 .00210 .00201 .00214
.03779 .04638 .04755 .04441 .04356 .04145 .03437 .02918 .02506 .02574 .02460 .02618
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00704 .00864 .00886 .00828 .00812 .00772 .00641 .00544 .00467 .00480 .00459 .00488
.00419 .00514 .00527 .00493 .00483 .00460 .00381 .00324 .00278 .00285 .00273 .00290
.00063 .00077 .00079 .00074 .00073 .00069 .00057 .00049 .00042 .00043 .00041 .00044
.05274 .06472 .06636 .06199 .06080 .05785 .04797 .04073 .03498 .03592 .03434 .03654
Dec. 6, '96 Jan. 7 Feb. 6 Mar. 6 Apr. 8 May 6 Jun. 6 Jul. 8 Aug. 6 Sep. 6 Oct. 7 Nov. 6
- Jan. 6, '97 - Feb. 5 - Mar. 5 - Apr. 7 - May 5 - Jun. 5 - Jul. 7 - Aug. 5 - Sep. 5 - Oct. 6 - Nov. 5 - Dec. 5
.00248 .00335 .00324 .00257 .00132 .00115 .00160 .00170 .00179 .00193 .00233 .00292
.03094 .04188 .04053 .03208 .01654 .01433 .01993 .02122 .02235 .02413 .02915 .03648
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00341 .00462 .00447 .00354 .00182 .00158 .00220 .00234 .00246 .00266 .00321 .00402
.00369 .00500 .00484 .00383 .00197 .00171 .00238 .00253 .00267 .00288 .00348 .00435
.00026 .00035 .00033 .00026 .00014 .00012 .00016 .00018 .00018 .00020 .00024 .00030
.04078 .05520 .05341 .04228 .02179 .01889 .02627 .02797 .02945 .03180 .03841 .04807
Dec. 6, '97 Jan. 6 Feb. 6 Mar. 6 Apr. 7 May 6 Jun. 6 Jul. 7 Aug. 6 Sep. 9 Oct. 6 Nov. 6
- Jan. 5, '98 - Feb. 5 - Mar. 5 - Apr. 6 - May 5 - Jun. 5 - Jul. 6 - Aug. 5 - Sep. 8 - Oct. 5 - Nov. 5 - Dec. 7
.00081 .00064 .00059 .00060 .00061 .00050 .00042 .00041 .00039 .00025 .00025 .00032
.01158 .00914 .00836 .00858 .00863 .00709 .00602 .00578 .00548 .00351 .00352 .00450
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.02031 .01604 .01467 .01505 .01515 .01244 .01057 .01015 .00961 .00615 .00617 .00789
.00955 .00754 .00690 .00708 .00712 .00585 .00497 .00477 .00452 .00289 .00290 .00371
.00161 .00127 .00116 .00119 .00120 .00098 .00084 .00080 .00076 .00049 .00049 .00062
.04386 .03463 .03168 .03250 .03271 .02686 .02282 .02191 .02076 .01329 .01333 .01704
(Continued)
43
LL&E ROYALTY TRUST 2015 TAX INFORMATION
TABLE VI ALLOCATION OF BASIS TO ACCOUNTS RECEIVABLE (For all unit owners who acquired Units on or after January 1, 1987)
For Unit acquired of record not on/after later than
Jay Field (Alabama)
Jay Field (Florida)
Fort Worth South Pass Basin 89 (Texas) (Federal)
Offshore Louisiana (Federal)
Fee Lands (Louisiana)
Total
Dec. 8, '98 Jan. 6 Feb. 6 Mar. 6 Apr. 6 May 6 Jun. 8 Jul. 7 Aug. 6 Sep. 8 Oct. 6 Nov. 6
- Jan. 5, '99 - Feb. 5 - Mar. 5 - Apr. 5 - May 5 - Jun. 7 - Jul. 6 - Aug. 5 - Sep. 7 - Oct. 5 - Nov. 5 - Dec. 6
.00122 .00112 .00074 .00068 .00063 .00063 .00049 .00061 .00082 .00149 .00250 .00343
.01497 .01373 .00915 .00834 .00772 .00775 .00603 .00746 .01002 .01830 .03071 .04214
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00185 .00169 .00113 .00103 .00095 .00096 .00074 .00092 .00124 .00226 .00379 .00520
.00102 .00093 .00062 .00057 .00052 .00053 .00041 .00051 .00068 .00124 .00208 .00286
.00015 .00014 .00009 .00009 .00008 .00008 .00006 .00008 .00010 .00019 .00032 .00043
.01921 .01761 .01173 .01071 .00990 .00995 .00773 .00958 .01286 .02348 .03940 .05406
Dec. 7, '99 Jan. 6 Feb. 8 Mar. 7 Apr. 6 May 6 Jun. 6 Jul. 6 Aug. 8 Sep. 6 Oct. 6 Nov. 7
- Jan. 5, '00 - Feb. 7 - Mar. 6 - Apr. 5 - May 5 - Jun. 5 - Jul. 5 - Aug. 7 - Sep. 5 - Oct. 5 - Nov. 6 - Dec. 5
.00309 .00325 .00374 .00401 .00299 .00271 .00300 .00312 .00309 .00313 .00327 .00334
.03839 .04028 .04637 .04974 .03712 .03361 .03717 .03873 .03827 .03888 .04062 .04143
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00509 .00534 .00615 .00660 .00492 .00446 .00493 .00514 .00508 .00516 .00539 .00549
.00336 .00352 .00405 .00435 .00324 .00294 .00325 .00339 .00335 .00340 .00355 .00362
.00013 .00013 .00016 .00017 .00012 .00011 .00012 .00013 .00013 .00013 .00014 .00014
.05006 .05252 .06047 .06487 .04839 .04383 .04847 .05051 .04992 .05070 .05297 .05402
Dec. 6, '00 Jan. 6 Feb. 6 Mar. 6 Apr. 6 May 8 Jun. 6 Jul. 6 Aug. 7 Sep. 6 Oct. 6 Nov. 6
- Jan. 5, '01 - Feb. 5 - Mar. 5 - Apr. 5 - May 7 - Jun 5 - Jul. 5 - Aug. 6 - Sep. 5 - Oct. 5 - Nov. 5 - Dec. 5
.00381 .00398 .00349 .00303 .00251 .00282 .00266 .00220 .00193 .00151 .00166 .00142
.04716 .04928 .04313 .03748 .03108 .03486 .03285 .02718 .02386 .01867 .02058 .01761
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00272 .00284 .00249 .00216 .00179 .00201 .00190 .00157 .00138 .00108 .00119 .00102
.00363 .00379 .00332 .00288 .00239 .00268 .00253 .00209 .00184 .00144 .00158 .00135
.00013 .00014 .00012 .00011 .00009 .00010 .00009 .00008 .00007 .00005 .00006 .00005
.05745 .06003 .05255 .04566 .03786 .04247 .04003 .03312 .02908 .02275 .02507 .02145
(Continued)
44
LL&E ROYALTY TRUST 2015 TAX INFORMATION
TABLE VI ALLOCATION OF BASIS TO ACCOUNTS RECEIVABLE (For all unit owners who acquired Units on or after January 1, 1987)
For Unit acquired of record not on/after later than
Jay Field (Alabama)
Jay Field (Florida)
Fort Worth South Pass Basin 89 (Texas) (Federal)
Offshore Louisiana (Federal)
Fee Lands (Louisiana)
Total
Dec. 6, '01 Jan. 8 Feb. 6 Mar. 6 Apr. 6 May 7 Jun. 6 Jul. 6 Aug. 6 Sep. 6 Oct. 5 Nov. 6
- Jan. 7, '02 - Feb. 5 - Mar. 5 - Apr. 5 - May 6 - Jun. 5 - Jul. 5 - Aug. 5 - Sep. 5 - Oct. 4 - Nov. 5 - Dec. 5
.00142 .00095 .00081 .00044 .00053 .00080 .00112 .00138 .00175 .00177 .00253 .00292
.01770 .01182 .01004 .00547 .00664 .00994 .01399 .01722 .02177 .02205 .03158 .03648
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00043 .00029 .00024 .00013 .00016 .00024 .00034 .00042 .00053 .00053 .00076 .00088
.00109 .00073 .00062 .00034 .00041 .00061 .00086 .00106 .00134 .00136 .00195 .00225
.00003 .00002 .00002 .00001 .00001 .00002 .00003 .00003 .00004 .00004 .00006 .00007
.02067 .01381 .01173 .00639 .00775 .01161 .01634 .02011 .02543 .02575 .03688 .04260
Dec. 6, '02 Jan. 7 Feb. 6 Mar. 6 Apr. 5 May 6 Jun. 6 Jul. 8 Aug. 6 Sep. 6 Oct. 7 Nov. 6
- Jan. 6, '03 - Feb. 5 - Mar. 5 - Apr. 4 - May 5 - Jun. 5 - Jul. 7 - Aug. 5 - Sep. 5 - Oct. 6 - Nov. 5 - Dec. 5
.00235 .00195 .00188 .00218 .00167 .00184 .00222 .00276 .00283 .00242 .00244 .00206
.02888 .02405 .02314 .02679 .02056 .02266 .02736 .03401 .03489 .02979 .03005 .02538
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00017 .00014 .00013 .00016 .00012 .00013 .00016 .00020 .00020 .00017 .00017 .00015
.00729 .00607 .00584 .00676 .00519 .00572 .00690 .00858 .00880 .00752 .00758 .00640
.00039 .00033 .00032 .00037 .00028 .00031 .00037 .00046 .00048 .00041 .00041 .00035
.03908 .03254 .03131 .03626 .02782 .03066 .03701 .04601 .04720 .04031 .04065 .03434
Dec. 6, '03 Jan. 6 Feb. 6 Mar. 6 Apr. 6 May 6 Jun. 8 Jul. 7 Aug. 6 Sep. 8 Oct. 6 Nov. 6
- Jan. 5, '04 - Feb. 5 - Mar. 5 - Apr. 5 - May 5 - Jun. 7 - Jul. 6 - Aug. 5 - Sep. 7 - Oct. 5 - Nov. 5 - Dec. 6
.00232 .00282 .00220 .00198 .00164 .00168 .00161 .00152 .00135 .00107 .00105 .00092
.02887 .03515 .02737 .02468 .02038 .02096 .02009 .01887 .01678 .01333 .01304 .01147
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00010 .00013 .00010 .00009 .00007 .00008 .00007 .00007 .00006 .00005 .00005 .00004
.00287 .00350 .00272 .00245 .00203 .00208 .00200 .00188 .00167 .00133 .00130 .00114
.00026 .00032 .00025 .00022 .00019 .00019 .00018 .00017 .00015 .00012 .00012 .00010
.03442 .04192 .03264 .02942 .02431 .02499 .02395 .02251 .02001 .01590 .01556 .01367
(Continued)
45
LL&E ROYALTY TRUST 2015 TAX INFORMATION
TABLE VI ALLOCATION OF BASIS TO ACCOUNTS RECEIVABLE (For all unit owners who acquired Units on or after January 1, 1987)
For Unit acquired of record not on/after later than
Jay Field (Alabama)
Jay Field (Florida)
Fort Worth South Pass Basin 89 (Texas) (Federal)
Offshore Louisiana (Federal)
Fee Lands (Louisiana)
Total
Dec. 7, '04 Jan. 6 Feb. 8 Mar. 8 Apr. 6 May 6 Jun. 7 Jul. 6 Aug. 6 Sep. 7 Oct. 6 Nov. 8
- Jan. 5, '05 - Feb. 7 - Mar. 7 - Apr. 5 - May 5 - Jun. 6 - Jul. 5 - Aug. 5 - Sep. 6 - Oct. 5 - Nov. 7 - Dec. 5
.00090 .00092 .00083 .00110 .00118 .00121 .00091 .00099 .00110 .00163 .00117 .00065
.01122 .01139 .01034 .01364 .01472 .01501 .01137 .01233 .01364 .02031 .01450 .00811
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00009 .00010 .00009 .00012 .00012 .00013 .00010 .00010 .00012 .00017 .00012 .00007
.00196 .00199 .00181 .00238 .00257 .00262 .00198 .00215 .00238 .00354 .00253 .00141
.00007 .00007 .00007 .00009 .00010 .00010 .00007 .00008 .00009 .00013 .00009 .00005
.01424 .01447 .01314 .01733 .01869 .01907 .01443 .01565 .01733 .02578 .01841 .01029
Dec. 6, '05 Jan. 6 Feb. 7 Mar. 7 Apr. 6 May 6 Jun. 6 Jul. 6 Aug. 8 Sep. 6 Oct. 7 Nov. 7
- Jan. 5, '06 - Feb. 6 - Mar. 6 - Apr. 5 - May 5 - Jun. 5 - Jul. 5 - Aug. 7 - Sep. 5 - Oct. 6 - Nov. 6 - Dec. 5
.00084 .00090 .00084 .00021 .00017 .00037 .00099 .00162 .00233 .00203 .00148 .00098
.01045 .01117 .01046 .00267 .00208 .00460 .01235 .02019 .02894 .02523 .01843 .01221
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00001 .00001 .00000 .00000
.00008 .00008 .00008 .00002 .00002 .00003 .00009 .00015 .00021 .00019 .00014 .00009
.01137 .01215 .01138 .00290 .00227 .00500 .01343 .02196 .03149 .02746 .02005 .01328
Dec. 6, '06 Jan. 6 Feb. 6 Mar. 6 Apr. 6 May 6 Jun. 6 Jul. 6 Aug. 7 Sep. 6 Oct. 6 Nov. 6
- Jan. 5, '07 - Feb. 5 - Mar. 5 - Apr. 5 - May 5 - Jun. 5 - Jul. 5 - Aug. 6 - Sep. 5 - Oct. 5 - Nov. 5 - Dec. 5
.00098 .00084 .00092 .00062 .00055 .00060 .00036 .00253 .00250 .00161 .00014 .00014
.01195 .01024 .01118 .00748 .00670 .00729 .00443 .03080 .03039 .01951 .00169 .00165
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00007 .00006 .00007 .00004 .00004 .00004 .00003 .00018 .00018 .00012 .00001 .00001
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00049 .00042 .00046 .00031 .00028 .00030 .00018 .00127 .00125 .00080 .00007 .00007
.01349 .01156 .01263 .00845 .00757 .00823 .00500 .03478 .03432 .02204 .00191 .00187
(Continued)
46
LL&E ROYALTY TRUST 2015 TAX INFORMATION
TABLE VI ALLOCATION OF BASIS TO ACCOUNTS RECEIVABLE (For all unit owners who acquired Units on or after January 1, 1987)
For Unit acquired of record not on/after later than
Jay Field (Alabama)
Jay Field (Florida)
Fort Worth South Pass Basin 89 (Texas) (Federal)
Offshore Louisiana (Federal)
Fee Lands (Louisiana)
Total
Dec. 6, '07 Jan. 5 Feb. 6 Mar. 6 Apr. 8 May 6 Jun. 6 Jul. 8 Aug. 6 Sep. 6 Oct. 8 Nov. 6
- Jan. 4, '08 - Feb. 5 - Mar. 5 - Apr. 7 - May 5 - Jun. 5 - Jul. 7 - Aug. 5 - Sep. 5 - Oct. 7 - Nov. 5 - Dec. 5
.00012 .00128 .00118 .00133 .00021 .00035 .00022 .00019 .00020 .00021 .00263 .00367
.00090 .00991 .00918 .01031 .00160 .00274 .00174 .00150 .00158 .00163 .02036 .02846
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00002 .00025 .00023 .00025 .00004 .00007 .00004 .00004 .00004 .00004 .00050 .00070
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00003 .00028 .00026 .00029 .00005 .00008 .00005 .00004 .00005 .00005 .00058 .00081
.00107 .01172 .01085 .01218 .00190 .00324 .00205 .00177 .00187 .00193 .02407 .03364
Dec 6, '08 Jan. 6 Feb. 6 Mar. 6 Apr. 7 May 6 Jun. 6 Jul. 7 Aug. 6 Sep. 5 Oct. 6 Nov. 6
- Jan. 5, '09 - Feb. 5 - Mar. 5 - Apr. 6 - May 5 - Jun. 5 - Jul. 6 - Aug. 5 - Sep. 4 - Oct. 5 - Nov. 5 - Dec. 4
.00549 .00200 .00113 .00053 .00015 .00044 .00257 .00247 .00162 .00011 .00011 .00011
.04223 .01542 .00871 .00408 .00112 .00338 .01978 .01905 .01249 .00082 .00086 .00085
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00048 .00018 .00010 .00005 .00001 .00004 .00023 .00022 .00014 .00001 .00001 .00001
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00011 .00004 .00002 .00001 .00000 .00001 .00005 .00005 .00003 .00000 .00000 .00000
.04831 .01764 .00996 .00467 .00128 .00387 .02263 .02179 .01428 .00094 .00098 .00097
Dec. 6, '09 Jan. 6 Feb. 6 Mar. 6 Apr. 6 May 6 Jun. 8 Jul. 6 Aug. 6 Sep. 7 Oct. 6 Nov. 6
- Jan. 5, '10 - Feb. 5 - Mar. 5 - Apr. 5 - May 5 - Jun. 7 - Jul. 5 - Aug. 5 - Sep. 6 - Oct. 5 - Nov. 5 - Dec. 6
.00009 .00005 .00000 .00116 .00117 .00118 .00000 .00000 .00000 .00000 .00000 .00000
.00068 .00037 .00004 .00892 .00903 .00911 .00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00077 .00042 .00004 .01008 .01020 .01029 .00000 .00000 .00000 .00000 .00000 .00000
(Continued)
47
LL&E ROYALTY TRUST 2015 TAX INFORMATION
TABLE VI ALLOCATION OF BASIS TO ACCOUNTS RECEIVABLE (For all unit owners who acquired Units on or after January 1, 1987)
For Unit acquired of record not on/after later than
Jay Field (Alabama)
Jay Field (Florida)
Fort Worth South Pass Basin 89 (Texas) (Federal)
Offshore Louisiana (Federal)
Fee Lands (Louisiana)
Total
Dec. 6, '10 Jan. 6 Feb. 5 Mar. 5 Apr. 6 May 6 Jun. 7 Jul. 6 Aug. 6 Sep. 6 Oct. 6 Nov. 5
- Jan. 5, '11 - Feb. 4 - Mar. 4 - Apr. 5 - May 5 - Jun. 6 - Jul. 5 - Aug. 5 - Sep. 5 - Oct. 5 - Nov. 4 - Dec. 5
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
Dec. 6, '11 Jan. 6 Feb. 7 Mar. 6 Apr. 6 May. 5 Jun. 6 Jul. 6 Aug. 7 Sep. 6 Oct. 6 Nov. 6
- Jan. 5, '12 - Feb. 6 - Mar. 5 - Apr. 5 - May 4 - Jun. 5 - Jul. 5 - Aug. 6 - Sep. 5 - Oct. 5 - Nov. 5 - Dec. 5
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
Dec. 6, '12 Jan. 5 Feb. 6 Mar. 6 Apr. 6 May. 7 Jun. 6 Jul. 6 Aug. 6 Sep. 6 Oct. 5 Nov. 6
- Jan. 4, '13 - Feb. 5 - Mar. 5 - Apr. 5 - May 6 - Jun. 5 - Jul. 5 - Aug. 5 - Sep. 5 - Oct. 4 - Nov. 5 - Dec. 5
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
(Continued)
48
LL&E ROYALTY TRUST 2015 TAX INFORMATION
TABLE VI ALLOCATION OF BASIS TO ACCOUNTS RECEIVABLE (For all unit owners who acquired Units on or after January 1, 1987)
For Unit acquired of record not on/after later than
Jay Field (Alabama)
Jay Field (Florida)
Fort Worth South Pass Basin 89 (Texas) (Federal)
Offshore Louisiana (Federal)
Fee Lands (Louisiana)
Total
Dec 6, '13 Jan. 7 Feb. 6 Mar. 6 Apr. 5 May. 6 Jun. 6 Jul. 5 Aug. 6 Sep. 6 Oct. 7 Nov. 6
- Jan. 6, '14 - Feb. 5 - Mar. 5 - Apr. 4 - May 5 - Jun. 5 - Jul. 4 - Aug. 5 - Sep. 5 - Oct. 6 - Nov. 5 - Dec. 5
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
Dec 6, '14 Jan. 6 Feb. 6 Mar. 6 Apr. 7 May. 6 Jun. 6 Jul. 7 Aug. 6 Sep. 5 Oct. 6 Nov. 6
- Jan. 5, '15 - Feb. 5 - Mar. 5 - Apr. 6 - May 5 - Jun. 5 - Jul. 6 - Aug. 5 - Sep. 4 - Oct. 5 - Nov. 5 - Dec. 4
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
(Continued)
49
LL&E ROYALTY TRUST 2015 TAX INFORMATION
TABLE VII ALLOCATION OF COST OR SELLING PRICE BY PROPERTY Jay Field (Alabama) For Unit acquired of record not on/after later than Inception Dec. 6, 1983 Dec. 6, 1984 Dec. 6, 1985 Dec. 6, 1986 Dec. 8, 1987 Dec. 6, 1988 Dec. 6, 1989 Dec. 6, 1990 Dec. 6, 1991 Dec. 8, 1992 Dec. 7, 1993 Dec. 6, 1994 Dec. 6, 1995 Dec. 6, 1996 Dec. 6, 1997 Dec. 8, 1998 Dec. 7, 1999 Dec. 6, 2000 Dec. 6, 2001 Dec. 6, 2002 Dec. 6, 2003 Dec. 7, 2004 Dec. 6, 2005 Dec. 6, 2006 Dec. 6, 2007 Dec. 6, 2008 Dec. 5, 2009 Dec. 7, 2010 Dec. 6, 2011 Dec. 6, 2012 Dec. 6, 2013 Dec. 6, 2014
Dec. 5, 1983 Dec. 5, 1984 Dec. 5, 1985 Dec. 5, 1986 Dec. 7, 1987 Dec. 5, 1988 Dec. 5, 1989 Dec. 5, 1990 Dec. 5, 1991 Dec. 7, 1992 Dec. 6, 1993 Dec. 5, 1994 Dec. 5, 1995 Dec. 5, 1996 Dec. 5, 1997 Dec. 7, 1998 Dec. 6, 1999 Dec. 5, 2000 Dec. 5, 2001 Dec. 5, 2002 Dec. 5, 2003 Dec. 6, 2004 Dec. 5, 2005 Dec. 5, 2006 Dec. 5, 2007 Dec. 5, 2008 Dec. 4, 2009 Dec. 6, 2010 Dec. 5, 2011 Dec. 5, 2012 Dec. 5, 2013 Dec. 5, 2014 Dec. 4, 2015
Jay Field (Florida)
Fort Worth Basin (Texas)
South Pass 89 (Federal)
Offshore Louisiana (Federal)
Fee Lands (Louisiana)
Total
For all Units owners, except corporations which received Units in the June 28, 1983 distribution and except nonresident aliens who received Units in the June 28, 1983 distribution (1) .04370 .03802 .03969 .03737 .00808 .02354 .02387 .03530 .05178 .03345 .02817 .05103 .05202 .05856 .06074 .01855 .06345 .06182 .06636 .06866 .06002 .06737 .06326 .07390 .07286 .10907 .11356 .11496 .09184 .09807 .09807 .09807 .08951
.55086 .47932 .50036 .47103 .10183 .30192 .30568 .45581 .65896 .37476 .31062 .60860 .60625 .71650 .75879 .26396 .77947 .76687 .82082 .85626 .73909 .83858 .78754 .91912 .88538 .84587 .87427 .88504 .70702 .75502 .75502 .75502 .68910
.02399 .01348 .01604 .00932 .00294 .00199 .01376 .00347 .00024 .01077 .00317 .00125 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.14562 .20844 .16752 .28072 .49355 .39850 .39114 .32966 .21171 .44746 .47916 .26625 .20240 .13353 .08366 .46312 .09621 .10170 .04736 .02067 .00430 .00301 .00667 .00000 .00525 .02092 .00998 .00000 .05485 .09899 .09899 .09899 .14918
.19365 .22165 .22294 .14405 .24261 .18839 .14490 .09469 .02317 .09349 .15264 .05413 .11911 .07947 .09055 .21777 .05285 .06704 .06316 .05285 .18649 .08341 .13743 .00022 .00000 .00000 .00000 .00000 .14629 .04792 .04792 .04792 .07222
.04218 .03909 .05345 .05751 .15099 .08566 .12065 .08107 .05414 .04007 .02624 .01874 .02022 .01194 .00626 .03660 .00802 .00257 .00230 .00156 .01010 .00763 .00510 .00676 .03651 .02414 .00219 .00000 .00000 .00000 .00000 .00000 .00000
1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000 1.00000
For corporations which received Units in the June 28, 1983 distribution and nonresident aliens who received Units in the June 28, 1983 distribution (2)
N/A
N/A NOTES: (1)
(2)
None
None
$.02682
$.01375
$.49648
These factors are stated in decimal fractions of one dollar (of basis or proceeds), and may be used in allocating the cost of a Unit purchased, or the proceeds from a Unit disposed of, during the period indicated. They represent the suggested allocation to the various properties in proportion to estimated relative values. These Unit owners have, in part, a carryover basis. The amounts shown represent the adjusted basis per Unit for the underlying properties in the hands of each distributee on June 28, 1983, according to information received from the Company. The amounts do not include the Cash Payment Rights or any tax paid on the distribution by a foreign corporation or nonresident alien.
50
None
$.53705
LL&E ROYALTY TRUST 2015 TAX INFORMATION
TABLE VIII 2015 GROSS ROYALTY INCOME AMOUNTS (IMPORTANT: these "per Unit" amounts are noncumulative except for the Total column and are stated in decimal fractions of one dollar) Month in which last 2015 distribution was received 2015 Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Dec
Total
Jay Field (Alabama)
$.00000
$.00000
$.00000
$.00000
$.00000
$.00000
$.00000
$.00000
$.00000
$.00000
$.00000
$.00000
$.00000
Jay Field (Florida)
$.00000
$.00000
$.00000
$.00000
$.00000
$.00000
$.00000
$.00000
$.00000
$.00000
$.00000
$.00000
$.00000
South Pass 89 (Federal Only)
$.00000
$.00000
$.00000
$.00000
$.00000
$.00000
$.00000
$.00000
$.00000
$.00000
$.00000
$.00000
$.00000
Offshore LA (Federal Only)
$.00000
$.00000
$.00000
$.00000
$.00000
$.00000
$.00000
$.00000
$.00000
$.00000
$.00000
$.00000
$.00000
Nov
TABLE IX 2015 NET TRUST INCOME AMOUNTS (Equivalent to net Trust Income before depletion) (IMPORTANT: these "per Unit" amounts are noncumulative except for the Total column and are stated in decimal fractions of one dollar) Month in which last 2015 distribution was received 2015 Jan
Feb
Mar
Apr
May
Jun
Jul
Dec
Total
Jay Field (Alabama)
($0.00001)
($0.00052)
($0.00004)
$0.00000
($0.00018)
($0.00006)
($0.00013)
$0.00000
($0.00039)
$0.00000
($0.00001)
$0.00000
($0.00134)
Jay Field (Florida)
($0.00011)
($0.00398)
($0.00034)
$0.00000
($0.00135)
($0.00049)
($0.00099)
$0.00000
($0.00300)
$0.00000
($0.00005)
($0.00001)
($0.01032)
South Pass 89 (Federal Only)
($0.00001)
($0.00052)
($0.00004)
$0.00000
($0.00018)
($0.00006)
($0.00013)
$0.00000
($0.00039)
$0.00000
($0.00001)
$0.00000
($0.00134)
Offshore LA (Federal Only)
($0.00001)
($0.00025)
($0.00002)
$0.00000
($0.00009)
($0.00003)
($0.00006)
$0.00000
($0.00019)
$0.00000
$0.00000
$0.00000
($0.00065)
51
Aug
Sep
Oct
Nov
LL&E ROYALTY TRUST 2015 TAX INFORMATION
TABLE X 2015 COST DEPLETION RATES JAY FIELD (ALABAMA) (Cumulative) For Unit acquired of record not on/after Inception Jan. 6 Feb. 6 Mar. 6 Apr. 7 May. 6 Jun. 6 Jul. 7 Aug. 6 Sep. 5 Oct. 6 Nov. 6
later than
Jan
Feb
Mar
- Jan. 5, '15 - Feb. 5 - Mar. 5 - Apr. 6 - May 5 - Jun. 5 - Jul. 6 - Aug. 5 - Sep. 4 - Oct. 5 - Nov. 5 - Dec. 4
.00000
.00000 .00000
.00000 .00000 .00000
Month in which last 2015 distribution was received 2015 Apr May Jun Jul Aug Sep .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
Oct .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
Nov .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
Dec .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
TABLE XI 2015 COST DEPLETION RATES JAY FIELD (FLORIDA) (Cumulative) For Unit acquired of record not on/after Inception Jan. 6 Feb. 6 Mar. 6 Apr. 7 May. 6 Jun. 6 Jul. 7 Aug. 6 Sep. 5 Oct. 6 Nov. 6
Month in which last 2015 distribution was received 2015
later than
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
- Jan. 5, '15 - Feb. 5 - Mar. 5 - Apr. 6 - May 5 - Jun. 5 - Jul. 6 - Aug. 5 - Sep. 4 - Oct. 5 - Nov. 5 - Dec. 4
.00000
.00000 .00000
.00000 .00000 .00000
.00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
52
Nov .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
Dec .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
LL&E ROYALTY TRUST 2015 TAX INFORMATION
TABLE XII 2015 COST DEPLETION RATES SOUTH PASS 89 (FEDERAL ONLY) (Cumulative) For Unit acquired of record not on/after Inception Jan. 6 Feb. 6 Mar. 6 Apr. 7 May. 6 Jun. 6 Jul. 7 Aug. 6 Sep. 5 Oct. 6 Nov. 6
Month in which last 2015 distribution was received 2015
later than
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
- Jan. 5, '15 - Feb. 5 - Mar. 5 - Apr. 6 - May 5 - Jun. 5 - Jul. 6 - Aug. 5 - Sep. 4 - Oct. 5 - Nov. 5 - Dec. 4
.00000
.00000 .00000
.00000 .00000 .00000
.00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
Nov .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
Dec .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
TABLE XIII 2015 COST DEPLETION RATES OFFSHORE LOUISIANA (FEDERAL ONLY) (Cumulative) For Unit acquired of record not on/after Inception Jan. 6 Feb. 6 Mar. 6 Apr. 7 May. 6 Jun. 6 Jul. 7 Aug. 6 Sep. 5 Oct. 6 Nov. 6
Month in which last 2015 distribution was received 2015
later than
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
- Jan. 5, '15 - Feb. 5 - Mar. 5 - Apr. 6 - May 5 - Jun. 5 - Jul. 6 - Aug. 5 - Sep. 4 - Oct. 5 - Nov. 5 - Dec. 4
.00000
.00000 .00000
.00000 .00000 .00000
.00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
.00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
53
Nov .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
Dec .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000 .00000
