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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Statements of Distributable Income
STATEMENTS OF DISTRIBUTABLE INCOME (Unaudited)
| Three Months Ended | |||
|---|---|---|---|
| March 31, | |||
| 2024 · 2023 | |||
| Royalty income | $ | - | $386,947 |
| Interest income and other | 1,340 | 8,810 | |
| Administrative expenses | (421,723) | (189,676) | |
| Income in excess of administrative expenses (administrative expenses in excess of income) (Note 4) | $(420,383) | $206,081 | |
| Distributable income (Note 4) | $ | - | $197,331 |
| Distributable income per royalty trust unit | $ | - | $0.000857 |
| Royalty trust units outstanding at end of period | 230,172,696 | 230,172,696 | |
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