Opening Capital 100000

Herman Monthly off Base Willem Monthly off Base

Feb-09 -£265.56 -0.27%
Mar-09 £20,287.16 20.29% 48778.72 48.78%
Apr-09 £36,391.89 36.39% 5,262.54 5.26%
May-09 £21,898.12 21.90% 29,237.69 29.24%
Jun-09 £19,422.23 19.42% 30,607.39 30.61%
Jul-09 £41,007.84 41.01% 8,938.83 8.94%
Aug-09 £41,881.18 41.88% 48,013.82 48.01%
Sep-09 £14,890.77 14.89% -21,203.53 -21.20%
Oct-09 £66,766.16 66.77% 31,886.42 31.89%
Nov-09 £40,089.00 40.09% 27,062.47 27.06%
Dec-09 £17,999.73 18.00% 52,250.29 52.25%
Jan-10 -£4,473.28 -4.47% 36,167.47 36.17%

Herman Monthly off Base Willem Monthly off Base

Jan-09 £100,000.00 0.00% £100,000.00 0.00%
Feb-09 £99,734.44 99.73% £100,000.00 0.00%
Mar-09 £120,021.60 120.02% 148778.72 148.78%
Apr-09 £156,413.49 156.41% 154,041.26 154.04%
May-09 £178,311.61 178.31% 183,278.95 183.28%
Jun-09 £197,733.84 197.73% 213,886.34 213.89%
Jul-09 £238,741.68 238.74% 222,825.17 222.83%
Aug-09 £280,622.86 280.62% 270,838.99 270.84%
Sep-09 £295,513.63 295.51% 249,635.46 249.64%
Oct-09 £362,279.79 362.28% 281,521.88 281.52%
Nov-09 £402,368.79 402.37% 308,584.35 308.58%
Dec-09 £420,368.52 420.37% 360,834.64 360.83%
Jan-10 £415,895.24 415.90% 397,002.11 397.00%

40%
Herman Cumm Capital build Herman Net RHerman Cumm Herman MonthlWillem
Feb-09 -£265.56 -£265.56 -£265.56 -£265.56 -0.27%
Mar-09 £20,287.16 £20,021.60 £8,114.86 £7,849.30 8.11% £48,778.72
Apr-09 £36,391.89 £56,413.49 £14,556.76 £22,406.06 14.56% £5,262.54
May-09 £21,898.12 £78,311.61 £8,759.25 £31,165.31 8.76% £29,237.69
Jun-09 £19,422.23 £97,733.84 £7,768.89 £38,934.20 7.77% £30,607.39
Jul-09 £41,007.84 £138,741.68 £16,403.14 £55,337.34 16.40% £8,938.83
Aug-09 £41,881.18 £180,622.86 £16,752.47 £72,089.81 16.75% £48,013.82
Sep-09 £14,890.77 £195,513.63 £5,956.31 £78,046.12 5.96% -£21,203.53
Oct-09 £66,766.16 £262,279.79 £26,706.46 £104,752.58 26.71% £31,886.42
Nov-09 £40,089.00 £302,368.79 £16,035.60 £120,788.18 16.04% £27,062.47
Dec-09 £17,999.73 £320,368.52 £7,199.89 £127,988.07 7.20% £52,250.29
Jan-10 -£4,473.28 £315,895.24 £0.00 £127,988.07 0.00% £36,167.47

£300,000.00

Monthly Net RMonthly Cummulative Returns £250,000.00

Feb-09 -£265.56 -£265.56
Mar-09 £27,626.35 £27,360.79 £200,000.00
Apr-09 £16,661.77 £44,022.56
May-09 £20,454.32 £64,476.89 £150,000.00
Jun-09 £20,011.85 £84,488.74
Jul-09 £19,978.67 £104,467.40 £100,000.00
Aug-09 £35,958.00 £140,425.40
Sep-09 £5,956.31 £146,381.71 £50,000.00
Oct-09 £39,461.03 £185,842.74
£0.00
Nov-09 £26,860.59 £212,703.33
Dec-09 £28,100.01 £240,803.34
-£50,000.00
Jan-10 £14,466.99 £255,270.33

£200,000.00
% Return on Equity
Feb-09 -0.13%
Mar-09 13.68% % Return
Apr-09 22.01%
140.00%
May-09 32.24%
Jun-09 42.24% 120.00%
Jul-09 52.23%
100.00%
Aug-09 70.21%
Sep-09 73.19% 80.00%
Oct-09 92.92%
60.00% 52
42.24%
40.00% 32.24%
22.01%
20.00% 13.68%
-0.13%
0.00%
 100.00%
80.00%
60.00% 52
Nov-09 106.35% 42.24%
Dec-09 120.40% 40.00% 32.24%
Jan-10 127.64% 22.01%
20.00% 13.68%
-0.13%
0.00%
-20.00%

Fe

Ap

Ju
ar

ay

n-
b-

r-0
-0

09
-0
09

9
9

9
% Re

Monthly Net RNet % Per month Reinvested CapitalEquity Build uReinvested Capital Cumm % R
Feb-09 -£265.56 -0.13% Feb-09 -£265.56 -£265.56 -0.13%
Mar-09 £27,626.35 13.81% Mar-09 £27,626.35 £227,360.79 113.68%
Apr-09 £16,661.77 8.33% Apr-09 £18,941.17 £246,301.96 123.15%
May-09 £20,454.32 10.23% May-09 £25,189.70 £271,491.66 135.75%
Jun-09 £20,011.85 10.01% Jun-09 £27,165.25 £298,656.91 149.33%
Jul-09 £19,978.67 9.99% Jul-09 £29,833.84 £328,490.75 164.25%
Aug-09 £35,958.00 17.98% Aug-09 £59,059.35 £387,550.10 193.78%
Sep-09 £5,956.31 2.98% Sep-09 £11,541.84 £399,091.94 199.55%
Oct-09 £39,461.03 19.73% Oct-09 £78,742.90 £477,834.83 238.92%
Nov-09 £26,860.59 13.43% Nov-09 £64,174.62 £542,009.46 271.00%
Dec-09 £28,100.01 14.05% Dec-09 £76,152.35 £618,161.81 309.08%
Jan-10 £14,466.99 7.23% Jan-10 £44,714.70 £662,876.51 331.44%

Equity Build up
Feb-09 -£265.56
Mar-09 £227,360.79
Apr-09 £246,301.96
May-09 £271,491.66
Jun-09 £298,656.91
Jul-09 £328,490.75
Aug-09 £387,550.10
Sep-09 £399,091.94
Oct-09 £477,834.83
Nov-09 £542,009.46
Dec-09 £618,161.81
Jan-10 £662,876.51
 £80,000.00

£60,000.00

£40,000.00

£20,000.00

£0.00

-£20,000.00

-£40,000.00
Fe

Ap

Ju

Ju

Au

Se

Oc

No
n-

l-0
ar

ay
b-

p-

t-0
g-0
r-0
-0

09

09
09

-0

9
9

9
9

9
Herman Monthly off Base Willem Monthly off Base

£450,000.00

£400,000.00

£350,000.00

£300,000.00

£250,000.00

£200,000.00

£150,000.00

£100,000.00

£50,000.00

£0.00
Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09 Oct-09 No

Herman Willem

£140,000.00
40%
Cumm Capital build Willem Net Return Willem CummWillem Monthly % £120,000.00

£100,000.00

£80,000.00
 £140,000.00

£120,000.00
£0.00 £0.00
£48,778.72 £19,511.49 £19,511.49 19.51% £100,000.00
£54,041.26 £2,105.02 £21,616.50 2.11%
£80,000.00
£83,278.95 £11,695.08 £33,311.58 11.70%
£113,886.34 £12,242.96 £45,554.54 12.24% £60,000.00
£122,825.17 £3,575.53 £49,130.07 3.58%
£170,838.99 £19,205.53 £68,335.60 19.21% £40,000.00
£149,635.46 £0.00 £68,335.60 0.00%
£181,521.88 £12,754.57 £81,090.16 12.75% £20,000.00
£208,584.35 £10,824.99 £91,915.15 10.82%
£260,834.64 £20,900.12 £112,815.27 20.90% £0.00
£297,002.11 £14,466.99 £127,282.26 14.47%
-£20,000.00

Fe
b-
09
Herman
Willem

300,000.00

250,000.00

200,000.00

150,000.00

100,000.00

£50,000.00

£0.00

£50,000.00

Monthly Net Returns Monthly Cummulative Returns

% Return on Equity
127.64%
120.40%
106.35%
92.92%

70.21% 73.19%
52.23%
42.24%
32.24%
22.01%
%
 106.35%
92.92%

70.21% 73.19%
52.23%
42.24%
32.24%
22.01%
%
Ap

Ju

Ju

Au

Se

Oc

No

De

Jan
ay

n-

l-0

p-

t-0

c-0
g-0
r-0

v-0

-1
09
-0

09
9
09

0
9

9
9

9
9

% Return on Equity

einvested Capital Cumm % Returns

£800,000.00 400.00

£700,000.00 350.00

£600,000.00 300.00

£500,000.00 250.00

£400,000.00 200.00

£300,000.00 150.00

£200,000.00 100.00

£100,000.00 50.00%

£0.00 0.00%

-£100,000.00 -50.00%
Fe

Ap

Ju

Ju

Au

Se

Oc

No

De

Jan
ar

n-
ay

l-0
b-

p-

t-0

c-0
r-0

g-0

v-0

-1
-0

09
09

-0

09
9

0
9

9
9

9
9

Equity Build up Reinvested Capital Cumm % Returns

Equity Build up
Feb-09 Mar-09
0% 5% Apr-09
Jan-10 6%
15%
May-09
6%

Jun-09
Dec-09 7%
14%

Jul-09
 Apr-09
Jan-10 6%
15%
May-09
6%

Jun-09
Dec-09 7%
14%

Jul-09
7%

Nov-09 Aug-09
12% 9%

Sep-09
Oct-09 9%
11%
Au

Se

Oc

No

De

Jan
p-

c-0
t-0
g-0

v-0

-1
09

0
9

9
9

Monthly off Base

Aug-09 Sep-09 Oct-09 Nov-09 Dec-09 Jan-10

em

£140,000.00

£120,000.00

£100,000.00

£80,000.00
£140,000.00

£120,000.00

£100,000.00

£80,000.00

£60,000.00

£40,000.00

£20,000.00

£0.00

-£20,000.00
Fe

Ap

Ju

Ju

Au

Se

Oc

No

De

Jan
ay
ar

n-

l-0
b-

p-

t-0

c-0
r-0

g-0

v-0

-1
-0

09
09

-0

09
9

0
9

9
9

9
9

Herman Net Return Herman Cumm Herman Monthly % Willem Net Return
Willem Cumm Willem Monthly % Column L
 400.00%

350.00%

300.00%

250.00%

200.00%

150.00%

100.00%

50.00%

0.00%

-50.00%
No

De

Jan
c-0
v-0

-1
0
9
9

eturns

Build up Equity Build up

09 Mar-09 £800,000.00
5% Apr-09
6% £700,000.00

May-09 £600,000.00
6%
£500,000.00
Jun-09 £400,000.00
7%
£300,000.00
Jul-09 £200,000.00
 Apr-09
6% £700,000.00

May-09 £600,000.00
6%
£500,000.00
Jun-09 £400,000.00
7%
£300,000.00
Jul-09 £200,000.00
7%
£100,000.00
Aug-09
9% £0.00

-£100,000.00
Sep-09
9%

Fe

Ap

Ju

Ju

Au

Se

Oc

No
ar

n-
ay

l-0
b-

p-

t-0
r-0

v-0
g-0
09
-0

09
09

-0

9
9

9
9

9
ld up

£662,876.51
£662,876.51

0
-1
Jan
9
c-0
De
9
v-0
No
9
t-0
Oc
09
p-
Se
9
g-0
Au
09