Exhibit 99.1
 CONSOLIDATED FIXED-INCCOME SECURITY AND
CASH AND CASH EQUIVALENTS PORTFOLIO
APCAPITAL, INC. AND SUBSIDIARIES
 Fair
    
    
    Amortized
    
    
    ParCUSIP
    
    Description
    
    Value (1)
    
    
    Cost
    
    
    Value(in thousands)AVAILABLE-FOR-SALE DEBT SECURITIESStates And Political Subdivisions709141-Q5-7
    
    PENNSYLVANIA ST
    
    $
    9,563
    
    
    $
    9,433
    
    
    $
    9,000196454-FL-1
    
    CO DEPT TRANSN REV
    
    
    6,979
    
    
    
    6,955
    
    
    
    6,575646135-2Y-8
    
    NEW JERSEY ST TRANSN TR FD AUTH
    
    
    6,888
    
    
    
    6,869
    
    
    
    6,50095667Q-AN-6
    
    WEST VA ST SCH BLDG AUTH REV
    
    
    6,800
    
    
    
    6,851
    
    
    
    6,500718814-XK-7
    
    PHOENIX ARIZONA
    
    
    6,748
    
    
    
    6,645
    
    
    
    6,300646039-JA-6
    
    NEW JERSEY ST
    
    
    6,612
    
    
    
    6,551
    
    
    
    6,225741701-VD-5
    
    PRINCE GEORGES CNTY MD
    
    
    6,421
    
    
    
    6,324
    
    
    
    6,000167723-BD-6
    
    CHICAGO ILL TRAN AUTH CAP GRNT RC
    
    
    6,370
    
    
    
    6,392
    
    
    
    6,000928172-HL-2
    
    VIRGINIA ST PUB BLDG AUTH PUB FAC
    
    
    6,366
    
    
    
    6,264
    
    
    
    6,000977056-8D-5
    
    WISCONSIN ST
    
    
    6,339
    
    
    
    6,248
    
    
    
    6,000709141-Z7-3
    
    PENNSYLVANIA ST
    
    
    6,329
    
    
    
    6,219
    
    
    
    5,965373383-N7-9
    
    GEORGIA ST
    
    
    5,737
    
    
    
    5,776
    
    
    
    5,485186343-UR-8
    
    CLEVELAND OHIO
    
    
    5,378
    
    
    
    5,399
    
    
    
    5,050575827-3X-6
    
    MASSACHUSETTS ST CONS LN-SER C 5
    
    
    5,355
    
    
    
    5,264
    
    
    
    5,000391554-AP-7
    
    GREATER ALBANY SCH DIST NO 8J OR
    
    
    5,335
    
    
    
    5,268
    
    
    
    5,000592013-7M-2
    
    METROPOLITAN GOVT NASHVILLE & DAV
    
    
    5,332
    
    
    
    5,251
    
    
    
    5,000419780-S5-1
    
    HAWAII ST REF-SER DG
    
    
    5,303
    
    
    
    5,213
    
    
    
    5,000594700-CA-2
    
    MICHIGAN ST TRUNK LINE FD
    
    
    5,290
    
    
    
    5,222
    
    
    
    5,00092817F-XF-8
    
    VIRGINIA ST PUB SCH AUTH
    
    
    5,279
    
    
    
    5,218
    
    
    
    5,000181054-7U-5
    
    CLARK CNTY NEV SCH DIST
    
    
    5,278
    
    
    
    5,209
    
    
    
    5,000452151-PZ-0
    
    ILLINOIS ST
    
    
    5,266
    
    
    
    5,197
    
    
    
    5,00079575D-LQ-1
    
    SALT RIV PROJ ARIZ AGRIC IMPT
    
    
    5,243
    
    
    
    5,294
    
    
    
    5,000527839-BY-9
    
    LEWIS CNTY WASH PUB UTIL
    
    
    5,227
    
    
    
    5,226
    
    
    
    5,000972176-6H-9
    
    WILSON CNTY TENN
    
    
    3,153
    
    
    
    3,288
    
    
    
    3,075972176-6J-5
    
    WILSON CNTY TENN
    
    
    3,087
    
    
    
    3,194
    
    
    
    3,005665093-EE-6
    
    NORTHERN COOK CNTY ILL SOLID WASTE
    
    
    1,252
    
    
    
    1,269
    
    
    
    1,200665093-EF-3
    
    NORTHERN COOK CNTY ILL SOLID WASTE
    
    
    1,251
    
    
    
    1,269
    
    
    
    1,200250092-F4-0
    
    DES MOINES IOWA
    
    
    1,060
    
    
    
    1,046
    
    
    
    1,000969073-HN-8
    
    WILL CNTY ILL CMNTY HIGH SCH DIST
    
    
    1,054
    
    
    
    1,080
    
    
    
    1,000615401-HU-3
    
    MOON AREA SCH DIST PA
    
    
    537
    
    
    
    529
    
    
    
    500708796-AP-2
    
    PENNSYLVANIA HSG FIN AGY SINGLE
    
    
    523
    
    
    
    500
    
    
    
    500Subtotal States And Political Subdivisions
    
    
    151,355
    
    
    
    150,463
    
    
    
    143,080Corporate Securities904764-AG-2
    
    UNILEVER CAP CORP
    
    
    6,935
    
    
    
    6,678
    
    
    
    6,50000508Y-AB-8
    
    ACUITY BRANDS INC
    
    
    6,883
    
    
    
    6,494
    
    
    
    6,500210805-DP-9
    
    CONTINENTAL AIRLS PASS THRU
    
    
    5,795
    
    
    
    6,500
    
    
    
    6,500459200-AL-5
    
    INTERNATIONAL BUSINESS MACHS CORP
    
    
    6,573
    
    
    
    6,425
    
    
    
    6,000002824-AS-9
    
    ABBOTT LABS
    
    
    6,201
    
    
    
    5,992
    
    
    
    6,000883203-BG-5
    
    TEXTRON INC
    
    
    6,009
    
    
    
    6,017
    
    
    
    6,00079286L-DN-9
    
    ST PAUL COS INC
    
    
    6,005
    
    
    
    6,000
    
    
    
    6,000084664-AD-3
    
    BERKSHIRE HATHAWAY FIN CORP SR
    
    
    5,846
    
    
    
    5,727
    
    
    
    6,00026353L-JB-8
    
    DU PONT E I DE NEMOURS & CO
    
    
    5,723
    
    
    
    5,618
    
    
    
    6,000




---



##### 



Exhibit 99.1
 Fair
    
    
    Amortized
    
    
    ParCUSIP
    
    Description
    
    Value (1)
    
    
    Cost
    
    
    Value(in thousands)AVAILABLE-FOR-SALE DEBT SECURITIESCorporate Securities (continued)456866-AK-8
    
    INGERSOLL RAND CO
    
    
    5,127
    
    
    
    4,770
    
    
    
    5,00075952U-AE-3
    
    RELIASTAR FINL CORP
    
    
    5,011
    
    
    
    4,993
    
    
    
    5,00024713@-AA-4
    
    DELOITTE & TOUCHE USA LLP
    
    
    4,059
    
    
    
    4,000
    
    
    
    4,00045072G-AA-0
    
    I-PRETSL II COMBINATION LTD
    
    
    2,276
    
    
    
    2,276
    
    
    
    2,276075887-AS-8
    
    BECTON DICKINSON & CO
    
    
    487
    
    
    
    476
    
    
    
    500573284-AE-6
    
    MARTIN MARIETTA
    
    
    474
    
    
    
    475
    
    
    
    47537033L-FE-1
    
    GENERAL MILLS INC
    
    
    375
    
    
    
    373
    
    
    
    375Subtotal Corporate Securities
    
    
    73,779
    
    
    
    72,814
    
    
    
    73,126Mortgage-Backed Securities393505-XC-1
    
    GREEN TREE FINANCIAL CORP
    
    
    100
    
    
    
    103
    
    
    
    104Subtotal Mortgage-Backed Securities
    
    
    100
    
    
    
    103
    
    
    
    104TOTAL AVAILABLE-FOR-SALE DEBT SECURITIES
    
    $
    225,234
    
    
    $
    223,380
    
    
    $
    216,310
 
 (1)
    =
    Available-for-sale debt securities are carried in the balance sheet at fair value. Fair
    
    Amortized
    
    ParCUSIP
    
    Description
    
    Value
    
    Cost (2)
    
    Value(in thousands)HELD-TO-MATURITY DEBT SECURITIESU.S. Government and Agency Obligations3128X3-Y4-9
    
    FHLMC NOTE
    
    15,004
    
    15,011
    
    15,0003133XF-KV-7
    
    FHLB NOTE
    
    15,277
    
    15,000
    
    15,00031331S-JW-4
    
    FFCB NOTE
    
    14,719
    
    14,949
    
    15,0003136F6-TH-2
    
    FNMA NOTE
    
    9,925
    
    9,919
    
    10,0003133X9-ZA-1
    
    FHLB NOTE
    
    4,962
    
    5,000
    
    5,0003133X7-HV-9
    
    FHLB NOTE
    
    4,601
    
    4,591
    
    4,550Subtotal U.S. Government and Agency Obligations
    
    64,488
    
    64,470
    
    64,550States And Political Subdivisions64711R-BD-7
    
    NM FIN AUTH ST TRANSN REV SR
    
    6,959
    
    7,290
    
    6,805677519-SC-5
    
    OHIO ST
    
    6,878
    
    6,946
    
    6,61529270C-HK-4
    
    ENERGY N W WASH ELEC REV
    
    6,950
    
    6,901
    
    6,500341150-QU-7
    
    FLORIDA ST
    
    6,832
    
    6,878
    
    6,500576002-AS-8
    
    MASSACHUSETTS ST SPL OBLIG
    
    6,789
    
    6,867
    
    6,500645916-WU-7
    
    NEW JERSEY ECONOMIC DEV AUTH REV
    
    6,777
    
    6,832
    
    6,50093974A-NH-3
    
    WA ST REF-VAR PURP-SER R-03-A
    
    6,694
    
    6,736
    
    6,500736742-MA-2
    
    PORTLAND ORE SWR SYS REV
    
    6,259
    
    6,575
    
    6,000167484-3S-1
    
    CHICAGO ILL
    
    6,205
    
    6,436
    
    6,000455393-AM-0
    
    INDIANAPOLIS IND THERMAL ENERGY
    
    6,217
    
    6,355
    
    6,000928109-JY-4
    
    VIRGINIA ST
    
    6,133
    
    6,332
    
    6,000576000-AZ-6
    
    MASSACHUSETTS ST SCH BLDG AUTH
    
    6,122
    
    6,331
    
    6,000040654-KT-1
    
    ARIZONA ST TRANSN BRD HWY REV
    
    6,139
    
    6,294
    
    6,000647310-G3-9
    
    NEW MEXICO ST SEVERANCE TAX
    
    5,603
    
    6,036
    
    6,00020772F-JN-1
    
    CONNECTICUT ST
    
    6,216
    
    6,113
    
    5,730837147-XX-0
    
    SC ST PUB SVC AUTH REV REF-SER D
    
    5,665
    
    5,736
    
    5,430341426-PT-5
    
    FLORIDA ST BRD OF ED PUB ED-SER J
    
    5,544
    
    5,598
    
    5,290




---



##### 



Exhibit 99.1
 Fair
    
    Amortized
    
    ParCUSIP
    
    Description
    
    Value
    
    Cost (2)
    
    Value(in thousands)HELD-TO-MATURITY DEBT SECURITIESStates And Political Subdivisions (continued)472682-LZ-4
    
    JEFFSN CNTY ALA SWR REV CAP IMPT
    
    5,511
    
    5,459
    
    5,230591745-F5-8
    
    METROPOLITAN ATLANTA RAPID TRAN
    
    5,157
    
    5,390
    
    5,040478700-B2-2
    
    JOHNSON CNTY KANS UNI SCH DIST
    
    5,146
    
    5,371
    
    5,000181324-MB-7
    
    CLARK CNTY WASH SCH DIST NO 119
    
    5,064
    
    5,301
    
    5,000262608-NQ-1
    
    DU PAGE & WILL CNTYS ILL CMNTY SCH
    
    5,357
    
    5,287
    
    5,000576004-ED-3
    
    MASSACHUSETTS ST SPL OBLIG
    
    5,281
    
    5,272
    
    5,000677519-3S-7
    
    OHIO ST
    
    5,230
    
    5,257
    
    5,000442436-2F-7
    
    HSTN TEX WTR & SWR SYS
    
    5,311
    
    5,237
    
    5,000604128-3H-9
    
    MINNESOTA ST
    
    5,222
    
    5,219
    
    5,00046613Q-AM-6
    
    JEA FLA ST JOHNS RIV PWR PK SYS
    
    5,184
    
    5,216
    
    5,000199820-QY-0
    
    COMAL TEX INDPT SCH DIST
    
    5,095
    
    5,215
    
    5,00040785E-MW-3
    
    HAMILTON SOUTHEASTERN IND CONS SCH
    
    4,850
    
    5,083
    
    4,725385640-FG-7
    
    GRAND IS NEB ELEC REV SYS
    
    4,605
    
    4,632
    
    4,485235416-ZU-1
    
    DALLAS TEX WTRWKS & SWR SYS REV
    
    4,694
    
    4,654
    
    4,455509228-EQ-1
    
    LAKE CNTY ILL ADLAI E STEVENSON HS
    
    3,872
    
    3,965
    
    3,750491552-PM-1
    
    KENTUCKY ST TPK AUTH ECONOMIC DEV
    
    3,570
    
    3,661
    
    3,500040663-2J-4
    
    ARIZONA ST UNIV REVS
    
    3,332
    
    3,456
    
    3,220927793-NT-2
    
    RPAR HOLDINGS REF-US RT 58 CORR
    
    3,087
    
    3,165
    
    3,000927793-NU-9
    
    VIRGINIA COMWLTH TRANSN BRD TRANS
    
    3,066
    
    3,157
    
    3,000509228-ER-9
    
    LAKE CNTY ILL ADLAI E STEVENSON HS
    
    2,864
    
    2,940
    
    2,795040663-2K-1
    
    ARIZONA ST UNIV REVS
    
    2,743
    
    2,822
    
    2,645259291-DD-1
    
    DOUGLAS CNTY NEB SCH DIST NO 001
    
    2,568
    
    2,628
    
    2,500235416-A7-9
    
    DALLAS TEX WTRWKS & SWR SYS REV
    
    2,093
    
    2,116
    
    2,04597705L-FZ-5
    
    WISCONSIN ST
    
    2,055
    
    2,125
    
    2,000438670-FF-3
    
    HONOLULU HAWAII CITY & CNTY
    
    1,896
    
    1,964
    
    1,855678519-FD-6
    
    OKLAHOMA CITY OKLA
    
    1,104
    
    1,146
    
    1,075345874-PH-8
    
    FOREST LAKE MINN INDPT SCH DIST
    
    1,016
    
    1,067
    
    1,000463813-GW-9
    
    IRVING TEX INDPT SCH DIST
    
    1,025
    
    1,063
    
    1,000659048-CN-0
    
    NORTH DAVIESS IND SCH BLDG CORP
    
    1,023
    
    1,050
    
    1,000718814-UE-4
    
    PHOENIX ARIZ
    
    1,008
    
    1,041
    
    1,00093974A-NL-4
    
    WA ST REF-VAR PURP-SER R-03-A
    
    1,010
    
    1,029
    
    1,000452001-WT-3
    
    ILL EDL AUTH REVS
    
    793
    
    779
    
    750575566-S6-2
    
    MASS BAY TRANS ATH
    
    760
    
    758
    
    750641459-VK-5
    
    NEVADA ST G/O RFDG
    
    664
    
    661
    
    650181211-DJ-9
    
    CLARK CNTY WASH SCH DIST NO 101
    
    587
    
    601
    
    570263417-GJ-0
    
    DU PAGE CNTY ILL CMNTY HS
    
    541
    
    540
    
    520341535-PW-6
    
    FLORIDA ST BRD ED PUB ED
    
    528
    
    530
    
    500517840-WW-0
    
    LAS VEGAS VALLEY NEV WTR DIST
    
    525
    
    528
    
    500799098-DD-7
    
    SAN MIGUEL CNTY COLO SCH DIST
    
    511
    
    528
    
    500442352-AH-3
    
    HOUSTON TEX AREA WTR CORP
    
    537
    
    528
    
    500040654-JV-8
    
    AZ ST TRANSN BRD HWY REV SER B 5
    
    525
    
    526
    
    50051166F-AD-1
    
    LAKELAND FLA ENERGY SYS REV
    
    521
    
    525
    
    50054811B-EP-2
    
    LOWER COLO RIV AUTH TEX TRANSMISS
    
    501
    
    514
    
    500159195-MY-9
    
    CHANNELVIEW TEX INDPT SCH DIST
    
    486
    
    487
    
    475655181-BJ-3
    
    NOBLESVILLE-SOUTHEASTN PUB LIBR
    
    480
    
    484
    
    460Subtotal States And Political Subdivisions
    
    224,980
    
    229,233
    
    217,365




---



##### 



Exhibit 99.1
 Fair
    
    Amortized
    
    ParCUSIP
    
    Description
    
    Value
    
    Cost (2)
    
    Value(in thousands)HELD-TO-MATURITY DEBT SECURITIESCorporate Securities74740F-GF-7
    
    QUAKER OATS CO
    
    6,740
    
    6,418
    
    6,000134429-AM-1
    
    CAMPBELL SOUP CO
    
    6,387
    
    6,296
    
    6,00041011W-AH-3
    
    JOHN HANCOCK GLOBAL FDG
    
    6,377
    
    6,261
    
    6,000855707-AB-1
    
    ST AUTO FINL CORP SR
    
    5,811
    
    6,052
    
    6,00005566H-BF-3
    
    BNP PARIBAS US
    
    4,756
    
    4,967
    
    5,000035229-CD-3
    
    ANHEUSER BUSCH
    
    4,323
    
    4,390
    
    4,310438516-AK-2
    
    HONEYWELL INTL INC
    
    3,155
    
    3,124
    
    3,000615337-AA-0
    
    THE MONY GROUP
    
    2,621
    
    2,635
    
    2,510075887-AR-0
    
    BECTON DICKINSON CO
    
    1,009
    
    1,027
    
    1,000693506-AY-3
    
    PPG INDUSTRIES INC
    
    841
    
    848
    
    830751277-AM-6
    
    RALSTON PURINA CO
    
    525
    
    522
    
    50036962E-4Z-9
    
    GEN ELEC CAP CORP
    
    403
    
    410
    
    400Subtotal Corporate Securities
    
    42,948
    
    42,950
    
    41,550Mortgage-Backed Securities31394K-AD-6
    
    FHLMC MULTICLASS SER 2687
    
    15,314
    
    15,149
    
    15,00031394N-4U-9
    
    FHLMC MULTICLASS SER 2713
    
    15,175
    
    15,144
    
    15,00031394P-3P-6
    
    FHLMC MULTICLASS SER 2740
    
    15,172
    
    15,138
    
    15,00031395L-VJ-7
    
    FHLMC MULTICLASS PREASSIGN 00465
    
    13,785
    
    13,729
    
    13,58631394M-A2-6
    
    FHLMC MULTICLASS SER 2708
    
    13,324
    
    13,123
    
    13,00031395K-PG-2
    
    FHLMC MULTICLASS SER 2903
    
    9,709
    
    10,363
    
    10,44931394K-G6-5
    
    FHLMC MULTICLASS SER 2693
    
    10,187
    
    10,091
    
    10,00031395K-CV-3
    
    FHLMC MULTICLASS SER 2905
    
    9,953
    
    9,994
    
    10,00031394W-HE-1
    
    FHLMC MULTICLASS SER 2784
    
    5,413
    
    5,608
    
    5,66731394G-H7-1
    
    FHLMC REMIC SERIES 2649
    
    4,827
    
    5,278
    
    5,47931394W-HQ-4
    
    FHLMC MULTICLASS SER 2784
    
    4,730
    
    4,696
    
    4,68831393D-DS-7
    
    FNMA REMIC TRUST 2003-58
    
    4,416
    
    4,485
    
    4,65131394G-N8-2
    
    FHLMC REMIC SERIES 2659
    
    4,088
    
    4,318
    
    4,38531393Y-XE-0
    
    FNMA REMIC SER 2004-45
    
    4,059
    
    4,283
    
    4,30631393T-CP-9
    
    FNMA REMIC TRUST 2003-92
    
    4,088
    
    4,217
    
    4,26631394Y-LZ-5
    
    FHLMC MULTICLASS SER
    
    3,790
    
    4,007
    
    4,03431394Y-BU-7
    
    FHLMC MULTICLASS PREASSIGN
    
    3,227
    
    3,365
    
    3,37931395A-LR-4
    
    FHLMC MULTICLASS SER 2807
    
    2,947
    
    3,046
    
    2,97131394Y-6G-4
    
    FHLMC MULTICLASS PREASSIGN
    
    1,963
    
    2,040
    
    2,05431393Y-US-2
    
    FNMA REMIC TR 2004-42
    
    1,187
    
    1,231
    
    1,23131362J-E6-8
    
    FNMA ARM #062257
    
    71
    
    72
    
    7136224V-H5-7
    
    GNMA POOL #339652
    
    36
    
    36
    
    3431375A-G3-7
    
    FNMA P/T 328818
    
    18
    
    18
    
    1736225A-ET-3
    
    GNMA PLATINUM P/T 780146
    
    12
    
    12
    
    1131368H-US-0
    
    FNMA ARM MEGA POOL #190593
    
    2
    
    2
    
    231372N-AL-8
    
    FNMA DWARF P/T POOL
    
    0
    
    0
    
    0Subtotal Mortgage-Backed Securities
    
    148,860
    
    150,818
    
    150,663TOTAL HELD-TO-MATURITY DEBT SECURITIES
    
    $481,276
    
    $487,471
    
    $474,128
 
 (2)
    
    Held-to-maturity debt securities are carried in the balance sheet at amortized cost.




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##### 



Exhibit 99.1
 CUSIP
    
    Description
    
    Cost(in thousands)CASH & CASH EQUIVALENTS31846V-41-9
    
    FIRST AMER TREAS OBLIG
    
    
    825665278-70-1
    
    NORTHERN INSTL FDS GOVT SELECT
    
    
    77,803Subtotal Money Market Funds
    
    
    78,62836959R-LH-6
    
    GENERAL ELEC CAP SVCS
    
    
    10,94874433G-LH-7
    
    PRUDENTIAL FUNDING
    
    
    10,45189233G-LH-7
    
    TOYOTA MOTOR CREDIT CORP
    
    
    10,45142823J-L3-7
    
    HEWLETT PACKARD CO
    
    
    9,962Subtotal Commercial Paper
    
    
    41,812CERTIFICATE OF DEPOSIT
    
    
    100ZERO BALANCE CASH SWEEP ACCOUNTS
    
    
    (1,971
    )Subtotal Cash and CDs
    
    
    (1,871)TOTAL CASH & CASH EQUIVALENTS
    
    $
    118,569