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Case 1:20-cr-00330-AJN Document 97-15 Filed 12/14/20 Page 5 of 10

6. In our professional opinion, notwithstanding the issues highlighted above, the conclusions that we reach in this report are substantiated by all of the data that we have been able to review.

7. We have not carried out nor commissioned any independent valuation of assets and have recorded valuations at the lower of historic cost or net realisable value in accordance with IFRS. The accounting policies adopted are to value investments at cost, motor vehicles and [REDACTED] have been depreciated at 20% per annum. The carrying value of jewellery and chattels is presented at lower of cost or estimated net realisable values based on the information provided by Ghislaine Maxwell’s spouse. For the purposes of this Report and exchange of £1: US$1.30 has been used throughout the period.

8. The statement of financial condition does not include the following categories of asset and liability:

• Contingent assets including any contingent proceeds arising from inheritances; cash recoveries from litigation against third parties; future income derived from intellectual property rights;
• Taxation liabilities including a potential $1,500,000 liability arising from the New York state audit for the year ending 31 December 2016;
• Any other contingent liabilities including potential damages or costs arising from civil litigation in the United States or other jurisdictions

Summary of Facts and Conclusions & Summary of Assets (E&OE)

9. This Financial Condition Report summarizes the total assets of Ghislaine Maxwell and her spouse in the time period from 2015-2020.

10. All of Ghislaine Maxwell’s assets either owned directly by her, or transferred by her to trusts, or owned by her spouse are fully recorded in this Financial Condition Report.

11. Ghislaine Maxwell’s net worth at 1 January 2015 was approximately US$20,200,000.

12. The 2015 tax return records the sale of a residential property in New York City for $15,075,000. The address of this property is [REDACTED]. This report tracks the application of these proceeds all of which are accounted for at all times under review. The proceeds were deposited at [REDACTED]
[REDACTED]
[REDACTED]

13. Ghislaine Maxwell married her spouse in 2016 and commenced filing joint US tax returns from the 2016 tax year until today. In 2016 Ghislaine Maxwell transferred the majority of her assets into a trust controlled by her spouse [REDACTED]

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