MERRILL LYNCH PREFERRED CAPITAL TRUST V

CIK:0001052636|SEC Filings

Condensed Statements of Earnings (USD $) In Thousands, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
EARNINGS
Earnings	$ 15,949	$ 15,949	$ 47,846	$ 47,846

Statements of Cash Flows (LP) (USD $) In Thousands, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:
Earnings	$ 15,949	$ 15,949	$ 47,846	$ 47,846
Change in interest receivable from affiliates			0	(15,949)
Cash provided by operating activities			47,846	31,897
CASH FLOWS FROM FINANCING ACTIVITIES:
Cash used for financing activities			(47,846)	(31,897)
NET CHANGE IN CASH			0	0
CASH, BEGINNING OF PERIOD			0	0
CASH, END OF PERIOD	0	0	0	0
MERRILL LYNCH PREFERRED FUNDING V, L. P.
CASH FLOWS FROM OPERATING ACTIVITIES:
Earnings	18,580	18,578	55,740	55,734
Accretion of interest on securities issued by U.S. Government and agencies	(4)	(2)	(13)	(7)
Change in interest receivable from affiliates			0	(18,576)
Cash provided by operating activities			55,727	37,151
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of investment securities			(10,309)	(10,310)
Maturities of investment securities			10,327	10,319
Cash provided by investing activities			18	9
CASH FLOWS FROM FINANCING ACTIVITIES:
Distributions to limited partner			(47,846)	(31,897)
Distributions to general partner			(7,899)	(5,263)
Cash used for financing activities			(55,745)	(37,160)
NET CHANGE IN CASH			0	0
CASH, BEGINNING OF PERIOD			0	0
CASH, END OF PERIOD	$ 0	$ 0	$ 0	$ 0

Condensed Balance Sheets (USD $) In Thousands, unless otherwise specified	Sep. 30, 2013	Dec. 31, 2012
ASSETS
Investment in affiliate partnership preferred securities	$ 876,300	$ 876,300
Total Assets	876,300	876,300
STOCKHOLDERS' EQUITY
Preferred securities (7.28% Trust Originated Preferred Securities; 34,000,000 authorized, issued, and outstanding; $25 liquidation amount per security)	850,000	850,000
Common securities (7.28% Trust Common Securities; 1,052,000 authorized, issued, and outstanding; $25 liquidation amount per security)	26,300	26,300
Total Stockholders' Equity	$ 876,300	$ 876,300