false EX-99.J.SBSEF XYZ 9876543210 9876543210 2023-01-01 2023-12-31 9876543210 sbsef05ej2:A02Member 2023-12-31 9876543210 sbsef05ej2:A02Member 2022-12-31 9876543210 sbsef05ej2:A02Member 2023-01-01 2023-12-31 9876543210 2022-01-01 2022-12-31 iso4217:EUR xbrli:shares iso4217:USD xbrli:shares

Ex. J (Affiliate Financials) Mockup 

THIS DOCUMENT IS A TECHNICAL ILLUSTRATION OF HOW CERTAIN DISCLOSURES IN SEC FILINGS ARE TO BE TAGGED. IT DOES NOT INDICATE WHICH PARTICULAR DISCLOSURES MUST BE INCLUDED AND/OR TAGGED IN COMMISSION FILINGS, AND IT DOES NOT CONSTITUTE LEGAL GUIDANCE OF ANY SORT.

Affiliate 2

Balance Sheet (in millions)

    Dec. 31, 2023   Dec. 31, 2022
Assets    
Current Assets                
  Cash and cash equivalents   10,530       10,000  
  Restricted cash and cash equivalents     800       800  
  Accounts receivable, net of allowance for credit losses   300       300  
  Other current assets   100       100  
     Total current assets     11,730        11,200   
Property and equipment, net of accumulated depreciation   700       700  
Operating lease assets     600       600  
Other non-current assets   300       300  
Total Assets   13,330       12,800  
Liabilities                
Current liabilities                
  Accounts payable and Accrued expense   1,320       1,320  
  Other current liabilities   880       880  
  Short-term debt     2,000       2,000  
     Total current liabilities     4,200       4,200  
Long-term debt   5,000       5,000  
Operating lease liabilities     600       600  
Other non-current liabilities   260       260  
Total Liabilities   10,060       10,060  
Stockholders’ Equity                
   Common stock     100        100   
   Retained earnings      3,170       2,640  
Total Stockholders' Equity   3,270       2,740  
Total Equity and Liabilities   13,330       12,800  

 

Income and Expense Statement (in millions)

   Dec.31, 2023  Dec. 31, 2022
Revenue  5,500     5,500  
Operating Expenses            
Compensation & benefits  3,000    3,000  
Professional fees and outside services  1,500    1,500  
Other expenses  500    500  
  Total Operating Expenses  5,000    5,000  
Other non-operating income  30    30  
Profit (Loss)  530    530