Gulf Coast Ultra Deep Royalty Trust
For the period ended Mar 31, 2024. Filed May 13, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 13, 2024
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Extracted filing text, with the paragraph anchors used by the comparison.
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Statements of Changes in Trust Corpus
STATEMENTS OF CHANGES IN TRUST CORPUS (Unaudited)
| Three Months Ended | ||
|---|---|---|
| March 31, | ||
| 2024 | 2023 | |
| Trust corpus, beginning of period | $43,741 | $1,245,494 |
| Trust contributions | 515,916 | - |
| Amortization of overriding royalty interests in subject interests | - | (21,780) |
| Impairment of subject interests | - | (308,071) |
| Income in excess of administrative expenses (administrative expenses in excess of income) | (420,383) | 206,081 |
| Distributions paid | - | (621,894) |
| Trust corpus, end of period | $139,274 | $499,830 |
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