EFTA00662880.pdf

MARC and CAROLYN ROWAN Check Number: UUUU1d316 To: Leon Black LEOBLA01 Date: 04/09/2014 Invoice Number Date Account Number 2013HERITAGE 04/09/2014 TOTALS: Amount $838,675.00 Discount Paid Amount $0.00 $838,675.00 $838,675.00 $0.00 $838,675.00 0 VMS PRICK IS VOID INITNOtiTA OREM A BLUR BOIIIMI AND BACKGROUND PLUS A KNIOKT FINGERPRINTWATINUARK ON TUNACK • HOLD AT AMUR TO VIEW t MARC and CAROLYN ROWAN US TRUST/BANK OF AMERICA 114 WEST 47TH STREET 5TH FLOOR NEW YORK, NY 10036 BATE Pay Eight Hundred Thirty Eight Thousand Sc< Hundred Seventy Five Dollars and 00 Cents Apr 9, 2014 to the Order of: Leon Black 0000013326r I:0 & &500010i: 39400 i47 20 000013326 57-1/ 115 AMOUNT $838,675.00 EFTA00662880 TRA Holder Mac Rowan .aze „e4gMO: ota; Oatrrof THA 11.4.1it.. . . Total -;ist, 'mon Snare" T R 4 .iv1.4.4d Tan tlenrin T.RAPaynent D•- r'llr . canter -RA Payrnr arra, Capital Sam A July 2007 CYtha ,ge• • • • 95,619.3% 34160,307 29.650.7'6 26789.162 9,766,621 8,307.089 1,217121 4.853,556 2,433.706 8.307,089 May 2013 Cations< 7173.235 2.651,629 2,242,966 3,027,717 1,395,484 1,180.415 1%159 911,174 27,682 1.120,415 November 2013 fachange 481,221 175,465 136.802 Total 103,373,919 37,687,401 32.030,523 30,616 78 11,262 105 9.487 SOS 1,383,487 5 642 730 2.461,288 9,487,505 er. rtrz-jr L.ollo Operating C•aup Co•pora:c T.1) Related Pretax' fA03) Unds OyYned Payments per Sham. Payment- 54382,642 S 02161 11,796,908 L-emNi%/1.oLcie— •TM payment is taxable In the year ended December 32, 2014. • • Pretax paymea represents a dirithution from the Apollo Operating Group his amount is not drstnnuted to cuss A unit holders as the anoint Is used for corporate tax rebted payments. Taxable inconiewIth respect to the pretax payment is included in your 8821 Holdings K-1 for 2013. • • aro the course of the review of the 2013 exchengm. the original allocation of TM benefits resulting from the 2007 step up was revised and updated to reflect the proper methodology On 2007, the tax step up resulting from the echange incktded assumption of Eabllities that net allocated and taxed to the Founders. In calculating the allocatkm of litA payments in the past years, the effect of the step up resulting from the assumption of liabilities was not included in the allocations of IRA payments.) The DM payment amount relating to the 2007 exchange reflects a onetime adjustment for overpayments in prior years rewriting from the above. The following reflects proceeds received in past years and the adjustment reflected in the amount above: Za.HAC 20145737 2007-2012 Payments- Recalculated 30,703,135 2007-2012 Payments- Actual 30260,166 A4ustment to Prior Year Pimp-its 442170 2013 784 Payment Due 7164.120 Adjusted 2013 Payment 8,307,099 3018 EFTA00662881