The Surplus Notes were issued to AICIQ. This would be an inter-company liability. It is carried on the books of AICIQ as an asset. The total amount was reserved.The Company - Parent Only As an insurance holding company, the AICI’s assets consist primarily of the equity interest in AIC, a surplus note issued by AIC and cash and cash equivalents held at the holding company level. The Company’s liquidity needs are primarily to service debt and pay operating expenses. At September 30, 2004 the Company has $2.4 million in cash and cash equivalents and $766,000 of restricted cash equivalents. The Company also holds a surplus note for $20 million issued by AIC, bearing interest at the rate of 9% per annum payable quarterly. The Company does not expect to have access to any surplus note interest payments or dividend payments from AIC, as these payments would require NEDOI approval as AIC is currently under the supervision of the NEDOI.