ADD EXHB 6 ex1a15_1.htm EXHIBIT 1A-15.1

 

Exhibit 1A-15.1

 

CF Industry Guide 5 Table III

ILS Fixed Horizon LLC

Table III

Operating Results for the year ended December 31, 2023, of projected closed within 5 years (unaudited)

 

    ILS Growth Fund I LP     ILS Income Fund I LP     ILS RE Capital LLC     ILS RE Capital II LLC  
Gross Revenues:                                
Revenue from Operations   $ 13,390,319.27     $ 1,409,109.40     $ 888,044.12     $ 280,628.07  
Less: Operating Expenses   $ 183,798.28     $ 32,665.41     $ 6,198.10     $ 12,273.00  
Less: Interest Expenses   $ 922,696.38     $ 5,061.31     $ 557,884.70     $ 189,951.22  
Less: Depreciation   $ -             $ -     $ -  
More: Other Income (Bank interest)   $ 96.10     $ 17.35     $ 199.48     $ 5.52  
Less: Other Expenses (Franchise Tax)   $ 75,669.40     $ 5,110.68     $ -     $ -  
Net Income-GAAP Basis   $ 12,208,251.31     $ 1,366,289.35     $ 324,160.80     $ 78,409.37  
Cash Flow:                                
Net cash flows from operating activities   $ (9,595,172.41 )   $ (1,277,247.25 )   $ 21,340.68     $ (1,452.19 )
Net cash flows from investing activities   $ (1,405.00 )   $ 1,655.40     $ 2,972.70     $ 1,718.00  
Net cash flows from financing activities   $ 9,596,830.06     $ 1,275,583.48     $ (65,353.53 )   $ -  
Net Cash generated (deficiency) after cash distributions   $ 252.65     $ (8.37 )   $ (41,040.15 )   $ 265.81  
Net Cash generated (deficiency) after cash distributions and special items   $ 252.65     $ (8.37 )   $ (41,040.15 )   $ 265.81  
Cash Distributions to Investors Source (on GAAP basis):   $ -     $ -     $ -     $ -  
Investment Income   $ -     $ -     $ -     $ -  
Return of Capital   $ -     $ -     $ -     $ -  
Source (on cash basis):   $ -     $ -     $ -     $ -  
Sales   $ -     $ -     $ -     $ -  
Refinancing   $ -     $ -     $ -     $ -  
Operations   $ -     $ -     $ -     $ -  
Other   $ -     $ -     $ -     $ -  

 

   
 

 

CF Industry Guide 5 Table III

ILS Fixed Horizon LLC

Table III

Operating Results for the year ended December 31, 2022, of projected closed within 5 years (unaudited)

 

    ILS Growth Fund I LP     ILS Income Fund I LP     ILS RE Capital LLC     ILS RE Capital II LLC  
Gross Revenues:                                
Revenue from Operations   $ 8,612,232.55     $ 968,364.39     $ 214,328.58     $ -  
Less: Operating Expenses   $ 43,111.53     $ 9,316.02     $ 49,073.02     $ 5,999.86  
Less: Interest Expenses   $ 1,268,988.77     $ 58,374.83     $ 122,469.56     $ -  
Less: Depreciation   $ -     $ -     $ -     $ -  
More: Other Income (Bank interest/Discounted Notes)   $ 39.32     $ 25,890.83     $ 84.35     $ 0.34  
Less: Other Expenses (Franchise Tax)   $ 12,800.00     $ -     $ -     $ -  
Net Income-GAAP Basis   $ 7,287,371.57     $ 926,564.37     $ 42,870.35     $ (5,999.52 )
Cash Flow:                                
Net cash flows from operating activities   $ (38,127,913.50 )   $ (3,145,064.53 )   $ 56,659.79     $ 4,109.24  
Net cash flows from investing activities   $ (13,344.60 )   $ 1,655.40     $ (15,489.20 )   $ (4,667.25 )
Net cash flows from financing activities   $ 38,160,372.16     $ 3,143,689.63     $ 1,000.00     $ 1,000.00  
Net Cash generated (deficiency) after cash distributions   $ 19,114.06     $ 280.50     $ 42,170.59     $ 441.99  
Net Cash generated (deficiency) after cash distributions and special items   $ 19,114.06     $ 280.50     $ 42,170.59     $ 441.99  
Cash Distributions to Investors Source (on GAAP basis):   $ -     $ -     $ -     $ -  
Investment Income   $ -     $ -     $ -     $ -  
Return of Capital   $ -     $ -     $ -     $ -  
Source (on cash basis):   $ -     $ -     $ -     $ -  
Sales   $ -     $ -     $ -     $ -  
Refinancing   $ -     $ -     $ -     $ -  
Operations   $ -     $ -     $ -     $ -  
Other   $ -     $ -     $ -     $ -  

 

   
 

 

CF Industry Guide 5 Table III

ILS Fixed Horizon LLC

Table III

Operating Results for the year ended December 31, 2021, of projected closed within 5 years (unaudited)

 

    ILS Growth Fund I LP     ILS Income Fund I LP  
Gross Revenues:                
Revenue from Operations   $ 3,867,082.61     $ 565,363.80  
Less: Operating Expenses   $ 37,236.03     $ 9,579.36  
Less: Interest Expenses   $ 845,960.52     $ 120,712.36  
Less: Depreciation   $ -     $ -  
More: Other Income (Bank interest)   $ 29.12     $ 10.18  
Less: Other Expenses (Franchise Tax)   $ 1,542.00     $ -  
Net Income-GAAP Basis   $ 2,982,373.18     $ 435,082.26  
Cash Flow:                
Net cash flows from operating activities   $ (18,129,817.68 )   $ (4,356,240.81 )
Net cash flows from investing activities   $ 1,655.40     $ 1,655.40  
Net cash flows from financing activities   $ 18,119,869.36     $ 4,352,673.18  
Net Cash generated (deficiency) after cash distributions   $ (8,292.92 )   $ (1,912.23 )
Net Cash generated (deficiency) after cash distributions and special items   $ (8,292.92 )   $ (1,912.23 )
Cash Distributions to Investors Source (on GAAP basis):   $ -     $ -  
Investment Income   $ -     $ -  
Return of Capital   $ -     $ -  
Source (on cash basis):   $ -     $ -  
Sales   $ -     $ -  
Refinancing   $ -     $ -  
Operations   $ -     $ -  
Other   $ -     $ -  

 

   
 

 

CF Industry Guide 5 Table III

ILS Fixed Horizon LLC

Table III

Operating Results for the year ended December 31, 2020, of projected closed within 5 years (unaudited)

 

    ILS Growth Fund I LP     ILS Income Fund I LP  
Gross Revenues:                
Revenue from Operations   $ 1,281,558.92     $ 155,971.86  
Less: Operating Expenses   $ 10,576.23     $ 5,949.00  
Less: Interest Expenses   $ 454,197.64     $ 78,663.26  
Less: Depreciation   $ -     $ -  
More: Other Income (Bank interest)   $ 138.38     $ 20.00  
Less: Other Expenses (Franchise Tax)   $ -     $ -  
Net Income-GAAP Basis   $ 816,923.43     $ 71,379.60  
Cash Flow:                
Net cash flows from operating activities   $ (9,669,327.45 )   $ (1,080,891.70 )
Net cash flows from investing activities   $ 1,655.40     $ 1,655.40  
Net cash flows from financing activities   $ 9,676,412.23     $ 1,078,985.11  
Net Cash generated (deficiency) after cash distributions   $ 8,740.18     $ (251.19 )
Net Cash generated (deficiency) after cash distributions and special items   $ 8,740.18     $ (251.19 )
Cash Distributions to Investors Source (on GAAP basis):   $ -     $ -  
Investment Income   $ -     $ -  
Return of Capital   $ -     $ -  
Source (on cash basis):   $ -     $ -  
Sales   $ -     $ -  
Refinancing   $ -     $ -  
Operations   $ -     $ -  
Other   $ -     $ -  

 

   
 

 

CF Industry Guide 5 Table III

ILS Fixed Horizon LLC

Table III

Operating Results for the year ended December 31, 2019, of projected closed within 5 years (unaudited)

 

    ILS Growth Fund I LP     ILS Income Fund I LP  
Gross Revenues:                
Revenue from Operations   $ 214,959.85     $ 44,871.37  
Less: Operating Expenses   $ 16,480.40     $ 13,915.40  
Less: Interest Expenses   $ 82,735.59     $ 9,346.85  
Less: Depreciation   $ -     $ -  
More: Other Income (Bank interest)   $ 177.91     $ 62.69  
Less: Other Expenses (Franchise Tax)   $ -     $ -  
Net Income-GAAP Basis   $ 115,921.77     $ 21,671.81  
Cash Flow:                
Net cash flows from operating activities   $ (1,916,368.34 )   $ (63,242.09 )
Net cash flows from investing activities   $ 1,655.40     $ 1,655.40  
Net cash flows from financing activities   $ 1,920,042.58     $ 53,325.15  
Net Cash generated (deficiency) after cash distributions   $ 5,329.64     $ (8,261.54 )
Net Cash generated (deficiency) after cash distributions and special items   $ 5,329.64     $ (8,261.54 )
Cash Distributions to Investors Source (on GAAP basis):   $ -     $ -  
Investment Income   $ -     $ -  
Return of Capital   $ -     $ -  
Source (on cash basis):   $ -     $ -  
Sales   $ -     $ -  
Refinancing   $ -     $ -  
Operations   $ -     $ -  
Other   $ -     $ -