Flag Service Organization (FSO) 990-T Filings 2008-2012

FSO Book Value 2012 Book Value $290,655,686

FSO Book Value 2011 Book Value $210,075,914

FSO Book Value 2010 Book Value $251,896,300

FSO Book Value 2009 Book Value $246,516,017

FSO Book Value 2008 Book Value $234,764,273

Notes:

1. FSO book value declines by about $39,000,000 in 2011. This appears to be a financial transfer from one part of the Church to another.

2. FSO book value then surges by the addition of $80,000,000 in 2012. This again appears to be a financial transfer from one part of the Church to another.