1. VILLA ALHAMBRA OF CORAL GABLES
CONDOMINIUM ASSOCIATION, INC.
FINANCIAL STATEMENTS
For the period ending
January 31, 2012
FOR MANAGEMENT PURPOSES ONLY
The Continental Group, Inc ● 2950 N 28th Terr
Hollywood, FL 33020 ● 954-925-8200
Notes: 1. Effective December 31, 2010 through December 31, 2012 as part of the Reform and Consumer
Protection Act, all deposits held in non-interest bearing transaction accounts (checking accounts) will be
fully insured, regardless of the amount in the account, at all FDIC-Insured institutions. For all accounts,
including interest bearing accounts that do not qualify for the unlimited FDIC insurance, FDIC coverage is
now permanently set at $250,000 per depositor at FDIC insured institutions.
2. Financial information is provided for owners who are members of this association only. The information
is believed to be accurate as of the date the documents are posted. Any owner receiving this information
shall not use the information in any way which is inconsistent with the requirements of governing state or
federal law.

2. 02/15/2012 2:34:49 PM Standard_Balance_Sheet
0T85 VILLA ALHAMBRA OF CORAL GABLES
CONDOMINIUM ASSOCIATION, INC.
01/31/2012
THE CONTINENTAL GROUP, INC.
2950 N 28 TERRACE
Hollywood FL 33020
Account Description As of Prior Month Inc/(Dec)
Jan
ASSETS
**CURRENT ASSETS
10010 13 Cash-Operating - Bank United 76,434 53,064 23,370
10017 13 Cash-Working Capital - Bank United 33,297 33,282 15
10300 Accounts Receivable 1,124 250 874
10500 Prepaid Insurance 8,709 11,255 (2,546)
10505 Prepaid Expenses 3,559 4,186 (626)
12090 13 Cash-Deposits Bank United 8,215 8,215 0
**TOTAL CURRENT ASSETS $131,337 $110,251 $21,086
**OTHER ASSETS
19010 Utility Deposits 3,874 3,874 0
**TOTAL OTHER ASSETS $3,874 $3,874 $0
**TOTAL ASSETS $135,211 $114,125 $21,086
LIABILITIES
**CURRENT LIABILITIES
20000 Accounts Payable 2 0 2
20005 Collection Fees due 175 130 45
20010 Accrued Expenses 7,532 16,479 (8,947)
20080 Security Deposits 7,750 7,750 0
20100 Prepaid Assessments 19,611 12,668 6,944
**TOTAL CURRENT LIABILITIES $35,071 $37,026 ($1,956)
**RESERVE LIABILITIES
30000 01 Reserves A/C Equipment 466 0 466
30000 113d Reserves Bldg 1 Ext Painting 1,510 0 1,510
30000 113g Reserves Bldg 1 Roofing 1,134 0 1,134
30000 113q Reserves Bldg 1 Elevator 369 0 369
**TOTAL RESERVE LIABILITIES $3,479 $0 $3,479
**TOTAL LIABILITIES $38,550 $37,026 $1,524
EQUITY
**MEMBERS EQUITY
38015 Cap Contribution Int 310 310 0
38880 Fund Balance 76,789 76,789 0
Current Year Net Income/(Loss) $19,562 $0 $19,562
**TOTAL MEMBERS EQUITY $96,661 $77,099 $19,562
**TOTAL LIABILITIES & EQUITY $135,211 $114,125 $21,086
Page 1 of 1

3. 02/15/2012 2:32:31 PM Income Statement Budget vs Actual
0T85 VILLA ALHAMBRA OF CORAL GABLES
CONDOMINIUM ASSOCIATION, INC.
01/31/2012
THE CONTINENTAL GROUP, INC.
2950 N 28 TERRACE
Hollywood FL 33020
Account Description Jan Actual Jan Jan YTD Actual YTD Variance
Budget Variance Budget
REVENUE
40000 Owner Assessments 16,483 16,483 0 16,483 16,483 0
40002 00 Reserve Income 3,479 3,479 0 3,479 3,479 0
40011 Late Fee Income 125 0 125 125 0 125
40033 Parking Income 27,500 0 27,500 27,500 0 27,500
40080 Interest Income 15 0 15 15 0 15
**TOTAL REVENUE $47,602 $19,962 $27,640 $47,602 $19,962 $27,640
EXPENSES
**ADMINISTRATIVE
50005 Accounting Fees 208 208 0 208 208 0
50015 Bank Charges 10 8 (2) 10 8 (2)
50045 00 Legal Fees 2,831 500 (2,331) 2,831 500 (2,331)
50048 Annual Condo Fees 12 12 0 12 12 0
50050 00 License,Taxes,Permit 21 50 29 21 50 29
50050 15 License,Taxes,Permit - Ele 0 21 21 0 21 21
50053 Corporate Annual Rep 0 5 5 0 5 5
50075 Office Supplies 2 100 98 2 100 98
50090 00 Professional Fees 0 208 208 0 208 208
50090 30 Professional Fees - Ins. A 0 83 83 0 83 83
50090 45 Professional Fees - Reserv 0 458 458 0 458 458
50110 Miscellaneous 0 56 56 0 56 56
**TOTAL ADMINISTRATIVE $3,083 $1,709 ($1,374) $3,083 $1,709 ($1,374)
**PROPERTY INSURANCE
52030 Multiperil Insurance 2,546 2,517 (29) 2,546 2,517 (29)
**TOTAL PROPERTY INSURANCE $2,546 $2,517 ($29) $2,546 $2,517 ($29)
**UTILITIES
54050 00 Electricity/Gas 880 1,167 287 880 1,167 287
54070 00 Water & Sewer 0 1,292 1,292 0 1,292 1,292
54100 00 Telephone 590 492 (98) 590 492 (98)
**TOTAL UTILITIES $1,470 $2,951 $1,481 $1,470 $2,951 $1,481
**CONTRACTS
60023 Carpet Contract 0 125 125 0 125 125
60035 Elevator Contract 555 495 (60) 555 495 (60)
60046 30 Equipment Contract - Life 102 160 58 102 160 58
60065 Access System Maintenance 428 400 (28) 428 400 (28)
60066 Health Benefits 192 125 (67) 192 125 (67)
60074 Hvac System 250 250 0 250 250 0
60075 Janitorial Service 1,350 1,410 60 1,350 1,410 60
60090 Lawn Maintenance 750 750 0 750 750 0
61000 Management Services 1,550 1,574 24 1,550 1,574 24
61010 Pest Control 250 250 0 250 250 0
61055 Trash Removal 537 300 (237) 537 300 (237)
61075 Window Services 0 417 417 0 417 417
**TOTAL CONTRACTS $5,965 $6,256 $291 $5,965 $6,256 $291
Page 1 of 2

4. 02/15/2012 2:32:31 PM Income Statement Budget vs Actual
0T85 VILLA ALHAMBRA OF CORAL GABLES
CONDOMINIUM ASSOCIATION, INC.
01/31/2012
THE CONTINENTAL GROUP, INC.
2950 N 28 TERRACE
Hollywood FL 33020
Account Description Jan Actual Jan Jan YTD Actual YTD Variance
Budget Variance Budget
**REPAIRS/MAINTENANCE
70005 R&M-Air Conditioning 0 83 83 0 83 83
70025 R&M-Building 0 83 83 0 83 83
70038 R&M-Driveway 0 100 100 0 100 100
70043 63 Repairs/Maintenance Painti 0 83 83 0 83 83
70045 R&M-Electrical 409 250 (159) 409 250 (159)
70048 32 R&M Equipment - Life Safet 0 42 42 0 42 42
70050 R&M-Entry System 0 100 100 0 100 100
70060 R&M-General 0 1,250 1,250 0 1,250 1,250
70119 R&M-Trash Chute 60 100 40 60 100 40
70125 R&M-Signage 0 25 25 0 25 25
70134 Landscaping 0 167 167 0 167 167
70216 R&M Janitorial Supplies 0 100 100 0 100 100
70289 00 Contingency 0 667 667 0 667 667
**TOTAL REPAIRS/MAINTENANCE $469 $3,050 $2,581 $469 $3,050 $2,581
**SPECIAL PROJECTS
74005 00 Special Projects 15,984 0 (15,984) 15,984 0 (15,984)
**TOTAL SPECIAL PROJECTS $15,984 $0 ($15,984) $15,984 $0 ($15,984)
**RESERVE TRANSFERS
80000 00 Reserve Transfers 3,479 3,479 0 3,479 3,479 0
**TOTAL RESERVE TRANSFERS $3,479 $3,479 $0 $3,479 $3,479 $0
**PRIOR YEAR ACTIVITY
70298 00 Prior Year Expense (4,957) 0 4,957 (4,957) 0 4,957
**TOTAL PRIOR YEAR ACTIVITY ($4,957) $0 $4,957 ($4,957) $0 $4,957
**TOTAL EXPENSES $28,039 $19,962 ($8,077) $28,039 $19,962 ($8,077)
NET INCOME/(LOSS) $19,562 $0 $19,562 $19,562 $0 $19,562
Page 2 of 2

5. 02/09/2012 2:33:05 PM Deposits In Transits
0T85 VILLA ALHAMBRA OF CORAL GABLES CONDOMINIUM
ASSOCIATION, INC.
OPR2 BANK UNITED OPR
For Deposits Dated Through: 01/31/2012
Batch Date Description Amount
Bank Code Total $0.00

10. 02/09/2012 1:48:20 PM Summary Batch Report for Cash Receipts
For Batch No 1 To 999999999
For Batch Dates 01/01/2012 To 01/31/2012
Entity Batch No GL Date Bank Batch Total
0T85 - VILLA ALHAMBRA OF CORAL GABLES 1667652 01/03/2012 OPR2 BANK UNITED OPR 396.16
0T85 - VILLA ALHAMBRA OF CORAL GABLES 1668029 01/03/2012 OPR2 BANK UNITED OPR 568.04
0T85 - VILLA ALHAMBRA OF CORAL GABLES 1668143 01/03/2012 OPR2 BANK UNITED OPR 577.64
0T85 - VILLA ALHAMBRA OF CORAL GABLES 1669111 01/04/2012 OPR2 BANK UNITED OPR 1,214.47
0T85 - VILLA ALHAMBRA OF CORAL GABLES 1669208 01/04/2012 OPR2 BANK UNITED OPR 1,338.96
0T85 - VILLA ALHAMBRA OF CORAL GABLES 1670575 01/05/2012 OPR2 BANK UNITED OPR 2,981.47
0T85 - VILLA ALHAMBRA OF CORAL GABLES 1671877 01/06/2012 OPR2 BANK UNITED OPR 75.00
0T85 - VILLA ALHAMBRA OF CORAL GABLES 1672164 01/06/2012 OPR2 BANK UNITED OPR 851.33
0T85 - VILLA ALHAMBRA OF CORAL GABLES 1673820 01/09/2012 OPR2 BANK UNITED OPR 412.66
0T85 - VILLA ALHAMBRA OF CORAL GABLES 1675202 01/10/2012 OPR2 BANK UNITED OPR 427.48
0T85 - VILLA ALHAMBRA OF CORAL GABLES 1676324 01/11/2012 OPR2 BANK UNITED OPR 27,500.00
0T85 - VILLA ALHAMBRA OF CORAL GABLES 1676604 01/11/2012 OPR2 BANK UNITED OPR 3,705.14
0T85 - VILLA ALHAMBRA OF CORAL GABLES 1677394 01/11/2012 OPR2 BANK UNITED OPR 848.00
0T85 - VILLA ALHAMBRA OF CORAL GABLES 1677874 01/12/2012 OPR2 BANK UNITED OPR 4,197.36
0T85 - VILLA ALHAMBRA OF CORAL GABLES 1680511 01/17/2012 OPR2 BANK UNITED OPR 4,795.92
0T85 - VILLA ALHAMBRA OF CORAL GABLES 1681733 01/18/2012 OPR2 BANK UNITED OPR 399.66
0T85 - VILLA ALHAMBRA OF CORAL GABLES 1683180 01/20/2012 OPR2 BANK UNITED OPR -442.72
0T85 - VILLA ALHAMBRA OF CORAL GABLES 1683286 01/20/2012 OPR2 BANK UNITED OPR 442.66
0T85 - VILLA ALHAMBRA OF CORAL GABLES 1683324 01/20/2012 OPR2 BANK UNITED OPR 113.62
0T85 - VILLA ALHAMBRA OF CORAL GABLES 1684236 01/23/2012 OPR2 BANK UNITED OPR 412.66
0T85 - VILLA ALHAMBRA OF CORAL GABLES 1685630 01/25/2012 OPR2 BANK UNITED OPR -75.00
0T85 - VILLA ALHAMBRA OF CORAL GABLES 1686894 01/26/2012 OPR2 BANK UNITED OPR 399.66
0T85 - VILLA ALHAMBRA OF CORAL GABLES 1688987 01/30/2012 OPR2 BANK UNITED OPR 1,702.66
0T85 - VILLA ALHAMBRA OF CORAL GABLES 1690212 01/31/2012 OPR2 BANK UNITED OPR 859.18
BANK UNITED OPR Total: 53,702.01
Page: 1

11. 02/09/2012 1:53:46 PM AP Check History Report
VILLA ALHAMBRA OF CORAL GABLES
CONDOMINIUM ASSOCIATION, INC.
For Checks Dated 01/01/2012 to 01/31/2012
For All Check Numbers
Bank: OPR2 BANK UNITED OPR 0T85 VILLA ALHAMBRA OF CORAL GABLES CONDOMINIUM ASSOCIATION, INC.
Check Vendor Ck Date Void Date Workflow Status
ACH Vch # Invoice Proc Date GL Acct# Sub GL Desc Inv Amt Amt Paid Vch. Description
Print
Status
020374 CONT00 CONTINENTAL GROUP INC. 01/03/2012 2,198.00 Corp Mailed
None
2688608 058399 01/03/2012 60075 Janitorial Service 648.00 P/E 12-16-11
None
2688611 1201-92042 01/03/2012 61000 Management Services 1,550.00 January admin svc
020375 HIVA00 HI-VAC AIR CONDITIONING SVC 01/03/2012 263.00 None
None
2688583 47097 01/03/2012 70005 R&M-Air Conditioning 127.00 Replaced fan belt
None
2688592 26984 01/03/2012 70005 R&M-Air Conditioning 136.00 Installed (8) alumin
020376 LUKE00 LUKES-SAWGRASS LANDSCAPE 01/03/2012 750.00 Corp Mailed
None
2688612 1112-98542 01/03/2012 60090 Lawn Maintenance 750.00 December svc
020377 POWE03 POWER EXTERMINATORS,INC 01/03/2012 250.00 Corp Mailed
None
2688547 273626 01/03/2012 61010 Pest Control 250.00 October svc
020378 WAST04 WASTE MANAGEMENT 01/03/2012 474.25 Corp Mailed
None
2688596 8468067-2194-6 01/03/2012 61055 Trash Removal 474.25 December svc
020379 FLOR02 FLORIDA POWER & LIGHT 01/06/2012 819.07 ACH
None
2693196 89495-36307 01/06/2012 54050 00 Electricity/Gas 819.07 SVC 11/18/11 - 12/20
020380 URIB02 MAGALI URIBARRI 01/06/2012 839.56 OnSite Released
None
2693203 010312 01/06/2012 50110 Miscellaneous 839.56 Reimb-x-mas brunch
020381 MINO16 MINORCA CONDOMINIUM 01/06/2012 150.00 None
None
2693197 010312 01/06/2012 50110 Miscellaneous 150.00 Mtg Room
020382 POWE03 POWER EXTERMINATORS,INC 01/06/2012 250.00 Corp Mailed
None
2693200 275513 01/06/2012 61010 Pest Control 250.00 November svc
020383 ATT01 AT&T 01/09/2012 456.71 ACH
None
2695157 30544887520010 01/09/2012 54100 00 Telephone 456.71 SVC 12/25/11 - 1/24/
449/122511
Page 1 of 3

12. 02/09/2012 1:53:46 PM AP Check History Report
VILLA ALHAMBRA OF CORAL GABLES
CONDOMINIUM ASSOCIATION, INC.
For Checks Dated 01/01/2012 to 01/31/2012
For All Check Numbers
Bank: OPR2 BANK UNITED OPR 0T85 VILLA ALHAMBRA OF CORAL GABLES CONDOMINIUM ASSOCIATION, INC.
Check Vendor Ck Date Void Date Workflow Status
ACH Vch # Invoice Proc Date GL Acct# Sub GL Desc Inv Amt Amt Paid Vch. Description
Print
Status
020384 ATT01 AT&T 01/09/2012 133.01 ACH
None
2695166 30544466569100 01/09/2012 54100 00 Telephone 133.01 SVC 12/26/11 - 1/25/
445/122611
020385 CONT00 CONTINENTAL GROUP INC. 01/09/2012 648.00 Corp Mailed
None
2695174 058949 01/09/2012 60075 Janitorial Service 648.00 P/E 12-30-11
020386 ECOL00 ECOLO ODOR CONTROL 01/16/2012 60.00 Corp Mailed
None
2702643 161815 01/16/2012 70119 R&M-Trash Chute 60.00 January svc
020387 FIRE25 FIRE CONTROLS, INC 01/16/2012 112.35 Corp Mailed
None
2702696 58169 01/16/2012 60050 Fire Alarm System 112.35 JAN-MAR 2012
020388 FLORA9 FLORIDA FIRE SAFETY INC 01/16/2012 379.74 Corp Mailed
None
2702852 30996 01/16/2012 60050 Fire Alarm System 379.74 Fire alarm annual in
020389 LUKE00 LUKES-SAWGRASS LANDSCAPE 01/16/2012 750.00 None
None
2702854 1201-98743 01/16/2012 60090 Lawn Maintenance 750.00 January svc
020390 POWE03 POWER EXTERMINATORS,INC 01/16/2012 250.00 Corp Mailed
None
2702855 277375 01/16/2012 61010 Pest Control 250.00 December svc
020391 CORN23 CORNERSTONE PROPERTY 01/23/2012 408.75 Corp Mailed
SERVICES
None
2709379 3202 01/23/2012 70045 R&M-Electrical 408.75 Model #WH2-120C
elec
020392 HALP00 HALPERN RODRIGUEZ LLP 01/23/2012 1,425.00 None
None
2709380 3979 01/23/2012 50045 00 Legal Fees 1,425.00 General
020393 HALP00 HALPERN RODRIGUEZ LLP 01/23/2012 1,405.50 None
None
2709382 3980 01/23/2012 50045 00 Legal Fees 1,405.50 #558
020394 HIVA00 HI-VAC AIR CONDITIONING SVC 01/23/2012 250.00 Corp Mailed
None
2709385 1322 01/23/2012 60074 Hvac System 250.00 January svc
Page 2 of 3

13. 02/09/2012 1:53:46 PM AP Check History Report
VILLA ALHAMBRA OF CORAL GABLES
CONDOMINIUM ASSOCIATION, INC.
For Checks Dated 01/01/2012 to 01/31/2012
For All Check Numbers
Bank: OPR2 BANK UNITED OPR 0T85 VILLA ALHAMBRA OF CORAL GABLES CONDOMINIUM ASSOCIATION, INC.
Check Vendor Ck Date Void Date Workflow Status
ACH Vch # Invoice Proc Date GL Acct# Sub GL Desc Inv Amt Amt Paid Vch. Description
Print
Status
020395 JERR18 JERRY GONZALEZ & ASSOC. INC 01/23/2012 15,983.75 OnSite Released
None
2709497 011012 01/23/2012 74005 00 Special Projects 15,983.75 Project Deposit
020396 CONT00 CONTINENTAL GROUP INC. 01/30/2012 648.00 None
None
2715908 060032 01/30/2012 60075 Janitorial Service 648.00 P/E 1-13-12
020397 FLOR02 FLORIDA POWER & LIGHT 01/30/2012 880.21 None
None
2715919 89495-36307 01/30/2012 54050 00 Electricity/Gas 880.21 SVC 12/20/11 - 1/23/
020398 VILL012 VILLA ZAMORA 01/30/2012 442.72 None
None
2715904 012012 01/30/2012 10550 A/R Clearing 442.72 TRANS TO OPR2
020399 WAST04 WASTE MANAGEMENT 01/30/2012 537.49 None
None
2715906 8500458-2194-7 01/30/2012 61055 Trash Removal 537.49 January svc
Bank Totals 30,765.11
Total Number of Checks 26
Page 3 of 3

14. 02/09/2012 1:54:42 PM AP Voucher Detail Report
0T85 VILLA ALHAMBRA OF CORAL GABLES
CONDOMINIUM ASSOCIATION, INC.
For 01/01/2012 01/31/2012
Entity Vch # Vendor Inv # Amount Voucher Description Bank Chk # Chk Date Amount
Account: 10550 A/R Clearing
0T85 2715904 VILL012 VILLA ZAMORA 012012 442.72 TRANS TO OPR2 OPR2 020398 01/30/2012 442.72
Account: 10550 A/R Clearing 442.72
Account: 50045-00 Legal Fees
0T85 2709380 HALP00 HALPERN RODRIGUE 3979 1,425.00 General OPR2 020392 01/23/2012 1,425.00
0T85 2709382 HALP00 HALPERN RODRIGUE 3980 1,405.50 #558 OPR2 020393 01/23/2012 1,405.50
Account: 50045-00 Legal Fees 2,830.50
Account: 50075 Office Supplies
0T85 2688601 CONT00 CONTINENTAL GROU J108386 01.08 November supplies/postag OPR2
0T85 2688601 CONT00 CONTINENTAL GROU J108386 -01.08 November supplies/postag OPR2
0T85 2702856 CONT00 CONTINENTAL GROU T85/MC112011 02.13 November misc chrgs OPR2
Account: 50075 Office Supplies 02.13
Account: 50110 Miscellaneous
0T85 2693197 MINO16 MINORCA CONDOMIN 010312 150.00 Mtg Room OPR2 020381 01/06/2012 150.00
0T85 2693203 URIB02 MAGALI URIBARRI 010312 839.56 Reimb-x-mas brunch OPR2 020380 01/06/2012 839.56
Account: 50110 Miscellaneous 989.56
Account: 54050-00 Electricity/Gas
0T85 2693196 FLOR02 FLORIDA POWER & 89495-36307 819.07 SVC 11/18/11 - 12/20/11 OPR2 020379 01/06/2012 819.07
0T85 2715919 FLOR02 FLORIDA POWER & 89495-36307 880.21 SVC 12/20/11 - 1/23/12 OPR2 020397 01/30/2012 880.21
Account: 54050-00 Electricity/Gas 1,699.28
Account: 54100-00 Telephone
0T85 2695157 ATT01 AT&T 30544887520010 456.71 SVC 12/25/11 - 1/24/12 OPR2 020383 01/09/2012 456.71
449/122511
0T85 2695166 ATT01 AT&T 30544466569100 133.01 SVC 12/26/11 - 1/25/12 OPR2 020384 01/09/2012 133.01
445/122611
Account: 54100-00 Telephone 589.72
Account: 60050 Fire Alarm System
0T85 2702696 FIRE25 FIRE CONTROLS, I 58169 112.35 JAN-MAR 2012 OPR2 020387 01/16/2012 112.35
0T85 2702852 FLORA9 FLORIDA FIRE SAF 30996 379.74 Fire alarm annual inspec OPR2 020388 01/16/2012 379.74
Account: 60050 Fire Alarm System 492.09
Account: 60074 Hvac System
0T85 2709385 HIVA00 HI-VAC AIR CONDI 1322 250.00 January svc OPR2 020394 01/23/2012 250.00
Account: 60074 Hvac System 250.00
Account: 60075 Janitorial Service
0T85 2688608 CONT00 CONTINENTAL GROU 058399 648.00 P/E 12-16-11 OPR2 020374 01/03/2012 648.00
0T85 2695174 CONT00 CONTINENTAL GROU 058949 648.00 P/E 12-30-11 OPR2 020385 01/09/2012 648.00
0T85 2715908 CONT00 CONTINENTAL GROU 060032 648.00 P/E 1-13-12 OPR2 020396 01/30/2012 648.00
Account: 60075 Janitorial Service 1,944.00
Account: 60090 Lawn Maintenance
0T85 2688612 LUKE00 LUKES-SAWGRASS L 1112-98542 750.00 December svc OPR2 020376 01/03/2012 750.00
0T85 2702854 LUKE00 LUKES-SAWGRASS L 1201-98743 750.00 January svc OPR2 020389 01/16/2012 750.00
Account: 60090 Lawn Maintenance 1,500.00
Account: 61000 Management Services
Page: 1

15. 02/09/2012 1:54:42 PM AP Voucher Detail Report
0T85 VILLA ALHAMBRA OF CORAL GABLES
CONDOMINIUM ASSOCIATION, INC.
For 01/01/2012 01/31/2012
Entity Vch # Vendor Inv # Amount Voucher Description Bank Chk # Chk Date Amount
0T85 2688611 CONT00 CONTINENTAL GROU 1201-92042 1,550.00 January admin svc OPR2 020374 01/03/2012 1,550.00
Account: 61000 Management Services 1,550.00
Account: 61010 Pest Control
0T85 2688547 POWE03 POWER 273626 250.00 October svc OPR2 020377 01/03/2012 250.00
EXTERMINAT
0T85 2693200 POWE03 POWER 275513 250.00 November svc OPR2 020382 01/06/2012 250.00
EXTERMINAT
0T85 2702855 POWE03 POWER 277375 250.00 December svc OPR2 020390 01/16/2012 250.00
EXTERMINAT
Account: 61010 Pest Control 750.00
Account: 61055 Trash Removal
0T85 2688596 WAST04 WASTE 8468067-2194-6 474.25 December svc OPR2 020378 01/03/2012 474.25
MANAGEMENT
0T85 2715906 WAST04 WASTE 8500458-2194-7 537.49 January svc OPR2 020399 01/30/2012 537.49
MANAGEMENT
Account: 61055 Trash Removal 1,011.74
Account: 70005 R&M-Air Conditioning
0T85 2688583 HIVA00 HI-VAC AIR CONDI 47097 127.00 Replaced fan belt OPR2 020375 01/03/2012 127.00
0T85 2688592 HIVA00 HI-VAC AIR CONDI 26984 136.00 Installed (8) aluminum f OPR2 020375 01/03/2012 136.00
Account: 70005 R&M-Air Conditioning 263.00
Account: 70045 R&M-Electrical
0T85 2709379 CORN23 CORNERSTONE 3202 408.75 Model #WH2-120C electron OPR2 020391 01/23/2012 408.75
PROP
Account: 70045 R&M-Electrical 408.75
Account: 70119 R&M-Trash Chute
0T85 2702643 ECOL00 ECOLO ODOR CONTR 161815 60.00 January svc OPR2 020386 01/16/2012 60.00
Account: 70119 R&M-Trash Chute 60.00
Account: 74005-00 Special Projects
0T85 2709497 JERR18 JERRY GONZALEZ & 011012 15,983.75 Project Deposit OPR2 020395 01/23/2012 15,983.75
Account: 74005-00 Special Projects 15,983.75
Totals: 30,767.24 30,765.11
Page: 2

16. 02/09/2012 2:19:06 PM Bank Reconciliation
0T85 VILLA ALHAMBRA OF CORAL GABLES CONDOMINIUM
ASSOCIATION, INC.
WC02 BANK UNITED MM W. CAPITAL
As of Date: 01/31/2012
Bank Balance As Of $33,296.72
01/31/2012
Deposits in Transits 0.00
Outstanding Checks AP 0.00
_________________
Bank Balance As Of $33,296.72
01/31/2012
Book Balance As Of $33,282.05
01/31/2012
Adjustments Interest Income 14.07
Interest Income 0.60
_________________
Adjusted Book Balance $33,296.72

17. 02/09/2012 2:19:06 PM Outstanding Check List
0T85 VILLA ALHAMBRA OF CORAL GABLES
CONDOMINIUM ASSOCIATION, INC.
WC02 BANK UNITED MM W. CAPITAL
For Checks Dated Through: 01/31/2012
Check Date Vendor Type Amount
Report Total $0.00

18. 02/09/2012 2:19:06 PM Deposits In Transits
0T85 VILLA ALHAMBRA OF CORAL GABLES CONDOMINIUM
ASSOCIATION, INC.
WC02 BANK UNITED MM W. CAPITAL
For Deposits Dated Through: 01/31/2012
Batch Date Description Amount
Bank Code Total $0.00

20. 02/09/2012 1:42:14 PM Delinquent Report
0T85 VILLA ALHAMBRA OF CORAL GABLES CONDOMINIUM ASSOCIATION, INC.
As of 01/31/2012
Building: 0000 - VILLA ALHAMBRA CONDO ASSOC
C/O THE CONTINENTAL GROUP INC
50 ALHAMBRA CIR
CORAL GABLES, FL 33134
Unit Resident Address Status Date Last Pay Last Pay Current Over 30 Over 60 Over 90 Balance
Date Amount Days Days Days
RM Reminder Notice
0312 01 Jose Luis Ruiz 50 Alhambra Cir 312 01/17/2012 01/20/2012 442.66 5.00 25.00 30.00
0405 01 Luciano Visentin 50 Alhambra Cir 405 01/17/2012 01/03/2012 288.82 30.00 60.96 90.96
Totals: 2 35.00 85.96 0.00 0.00 120.96
DM Demand Letter
0403 01 Victor Planchart 50 Alhambra Cir 403 01/17/2012 12/12/2011 30.00 50.00 408.25 95.00 75.00 628.25
Totals: 1 50.00 408.25 95.00 75.00 628.25
NL No Letters
0304 01 Maria Victoria Rua 50 Alhambra Cir 304 07/06/2011 02/07/2012 774.32 374.66 374.66
Totals: 1 0.00 374.66 0.00 0.00 374.66
0000 Totals: 85.00 868.87 95.00 75.00 1,123.87
RN Reminder Collection Cost 10.00 5.00 0.00 0.00 15.00
MM Maintenance Fees 0.00 813.87 70.00 0.00 883.87
LF Late Fees 50.00 25.00 0.00 0.00 75.00
DN Demand Collection Cost 25.00 25.00 25.00 75.00 150.00
Grand Totals: 85.00 868.87 95.00 75.00 1,123.87
RN Reminder Collection Cost 10.00 5.00 0.00 0.00 15.00
MM Maintenance Fees 0.00 813.87 70.00 0.00 883.87
LF Late Fees 50.00 25.00 0.00 0.00 75.00
DN Demand Collection Cost 25.00 25.00 25.00 75.00 150.00
Page: 1

21. 02/09/2012 2:33:44 PM Prepaid Insurance Schedule Report
0T85 VILLA ALHAMBRA OF CORAL GABLES
CONDOMINIUM ASSOCIATION, INC.
Month ending January 31, 2012
Description Policy # From To Total Premium Paid To Date Included in Total Prepaid
A/P Expensed Balance
Directors & Officers Inv 05/16/2011 05/16/2012 1,106.20 1,106.20 0.00 785.61 320.59
051351620
11
Crime Inv 05/16/2011 05/16/2012 205.64 205.64 0.00 146.16 59.48
051351620
11
Boiler & Machinery Inv 05/16/2011 05/16/2012 980.00 980.00 0.00 696.87 283.13
051351620
11
Umbrella Inv 05/16/2011 05/16/2012 2,147.67 2,147.67 0.00 1,526.85 620.82
051351620
11
General Liability Inv 05/16/2011 05/16/2012 3,108.84 3,108.84 0.00 2,210.67 898.17
051351620
11
Wrap Around Inv 05/16/2011 05/16/2012 3,069.24 3,069.24 0.00 2,181.96 887.28
051351620
11
Property Inv 05/16/2011 05/16/2012 19,526.90 19,526.90 0.00 13,887.81 5,639.09
051351620
11
Total 30,144.49 30,144.49 0.00 21,435.93 8,708.56
Expense for the Month Remaining Prepaid Comments
Description Policy # Days Per Day Adjustment Total Days Months
Directors & Officers Inv 31 3.01 0.00 93.31 106 3.5 52030
051351620
11
Crime Inv 31 0.56 0.00 17.36 106 3.5 52030
051351620
11
Boiler & Machinery Inv 31 2.67 0.00 82.77 106 3.5 52030
051351620
11
Umbrella Inv 31 5.85 0.00 181.35 106 3.5 52030
051351620
11
General Liability Inv 31 8.47 0.00 262.57 106 3.5 52030
051351620
11
Wrap Around Inv 31 8.36 0.00 259.16 106 3.5 52030
051351620
11
Property Inv 31 53.21 0.00 1,649.51 106 3.5 52030
051351620
11
Total 82.13 0.00 2,546.03
Page 1 of 1

22. 02/09/2012 3:16:33 PM Prepaid Expenses Schedule Report
0T85 VILLA ALHAMBRA OF CORAL GABLES CONDOMINIUM
ASSOCIATION, INC.
Month ending January 31, 2012
Description GL Account From To Total AmountTotal Exp.Prepaid Balance
Long Term Entries
Elevator Contract- Otis Elevator 60035 01/01/2012 05/31/2012 2,776.66 555.33 2,221.33
Equip Contract-Life Safety- Fire Controls 60046-30 01/01/2012 08/31/2012 83.33 10.42 72.91
Annual Condo Fees- Florida DBPR 50048 01/01/2012 12/31/2012 144 12 132
Miami Dade County Buisness Permit 50050-00 01/01/2012 07/31/2012 145.4 20.77 124.63
Florida Fire Safety Annual Inspection 60046-30 01/01/2012 08/31/2012 180.12 22.52 157.6
Florida Fire Safety Annual Inspection 60046-30 01/01/2012 12/31/2012 379.74 31.66 348.08
Access System Maintenance- Security Innovation 60065 01/01/2012 02/28/2012 856 428 428
Fire Alarm System- Fire Controls 60050 01/01/2012 03/31/2012 112.35 37.45 74.9
Total 4,677.60 1,118.15 3,559.45

23. 02/09/2012 2:31:18 PM Bank Reconciliation
0T85 VILLA ALHAMBRA OF CORAL GABLES CONDOMINIUM
ASSOCIATION, INC.
SEC2 BANK UNITED SEC DEP
As of Date: 01/31/2012
Bank Balance As Of $8,715.00
01/31/2012
Deposits in Transits 0.00
Outstanding Checks AP -500.00
_________________
Bank Balance As Of $8,215.00
01/31/2012
Book Balance As Of $8,215.00
01/31/2012
_________________
Adjusted Book Balance $8,215.00

24. 02/09/2012 2:31:18 PM Outstanding Check List
0T85 VILLA ALHAMBRA OF CORAL GABLES
CONDOMINIUM ASSOCIATION, INC.
SEC2 BANK UNITED SEC DEP
For Checks Dated Through: 01/31/2012
Check Date Vendor Type Amount
202 12/12/2011 COST69 LUCIANO COSTA Printed $500.00
Report Total $500.00

25. 02/09/2012 2:31:18 PM Deposits In Transits
0T85 VILLA ALHAMBRA OF CORAL GABLES CONDOMINIUM
ASSOCIATION, INC.
SEC2 BANK UNITED SEC DEP
For Deposits Dated Through: 01/31/2012
Batch Date Description Amount
Bank Code Total $0.00

27. 0T85 Villa Alhambra of Coral Gables Condominium Association, Inc.
Schedule of Utility Deposits
January 31, 2012
19010
Description Account # Date Amount
Florida Power and Light 89495-36307 10/29/2008 724.00
Florida Power and Light 89495-36307 10/09 3,150.00
Org pd by Developer
Total $ 3,874.00

28. 02/09/2012 1:52:32 PM Open Invoice Report
As Of 01/31/2012
Vch # Typ Invoice GL Date Account Hold Invoice Amt Amount Paid Balance Aged Inv Days
Inv Date Due Date Description Bank Code
For Entity: VILLA ALHAMBRA OF CORAL GABLES CONDOMINIUM ASSOCIATION, INC.
2702856 Regular T85/MC112011 01/16/2012 CONTINENTAL GROUP INC. Yes 02.13 00.00 02.13 15
12/20/2011 01/16/2012 November misc chrgs OPR2 BANK UNITED OPR
0T85 50075 Office Supplies 02.13 00.00 02.13
Vendor Totals Invoices: 02.13 00.00 02.13
Credits: 00.00
Checks:
Page 1 of 1

29. 0T85 Villa Alhambra of Coral Gables Condominium Association, Inc.
Schedule of Collection Fees Due
January 31, 2012
Reimbursed to The Continental Group, Inc.
Description Date Amount Date Check# Amount
Collection Charges/Credits 9/30/10 100.00
Collection Charges/Credits 1/31/11 80.00
Collection Charges/Credits 2/11/11 20148 (100.00)
Collection Charges/Credits 3/31/11 100.00 20171 (35.00)
Collection Charges/Credits 4/30/11 95.00 20196 (15.00)
Collection Charges/Credits 5/31/11 80.00 20212 (20.00)
Collection Charges/Credits 6/30/11 10.00 20237 (5.00)
Collection Charges/Credits 7/31/11 155.00 20279 (30.00)
Collection Charges/Credits 8/31/11 (5.00) Credit 25.00
Collection Charges/Credits 9/30/11 25.00 20345 (415.00)
Collection Charges/Credits 10/31/11 30.00
Collection Charges/Credits 11/30/11 25.00
Collection Charges/Credits 12/31/11 30.00
Collection Charges/Credits 1/31/12 45.00
Subtotal $ 770.00 $ (595.00)
Total Collection Fees Due $ 175.00
Note: Fees charged to homeowners and due to management company for collection correspondence. Remittance occurs only
after homeowner receipts have satisfied all association receivable balances.

30. 02/10/2012 9:39:50 AM Accrued Expenses Schedule Report
0T85 VILLA ALHAMBRA OF CORAL GABLES
CONDOMINIUM ASSOCIATION, INC.
Month ending January 31, 2012
Description Invoice AmountFrom To Account Number Calculated Amount
Accounting Fees-2011- Gerstle,Rosen &Goldberg $2,500.00 01/01/2011 12/31/2011 50005 $2,500.00
Water & Sewer- Miami Dade (est) $3,296.22 10/22/2011 01/23/2012 54070-00 $3,296.22
Health Benefits- TCG $576.00 11/01/2011 01/31/2012 60066 $576.00
Janitorial Service- TCG $702.00 01/14/2012 01/27/2012 60075 $702.00
Accounting Fees 2012 $208.00 01/01/2012 01/31/2012 50005 $208.00
Pest Control- Power $250.00 01/01/2012 01/31/2012 61010 $250.00
Exterminators
Total $7,532.22

31. 0T85 Villa Alhambra of Coral Gables Condominium Association, Inc.
Schedule of Security Deposits
January 31, 2012
DEPOSIT REFUNDS BALANCE
UNIT # OWNER'S/RENTER'S NAME DATE AMOUNT DATE AMOUNT CK #
0307 Norman Cerna Barquero 07/28/08 500.00 500.00
0307 Norman Cerna Barquero 12/10/08 500.00 500.00
0312 Mendatta, LLC 03/23/09 500.00 500.00
0312 Mendatta, LLC 07/29/09 500.00 500.00
0403 Victor Planchart 12/15/08 500.00 500.00
0405 Luciano Visentin 04/02/09 500.00 12/12/11 500.00 202 -
0406 Mendatta, LLC 03/23/09 500.00 500.00
0406 Mendatta, LLC 08/24/09 500.00 500.00
0407 Tito Cabrera Bello 05/13/09 500.00 500.00
0306 Christiana Meitzner 09/16/09 500.00 500.00
0310 Joao Fernando Kfouri 09/16/09 500.00 500.00
0311 Maria Riquezes Curiel 10/05/09 500.00 500.00
0403 Victor Planchart 10/12/09 500.00 500.00
0308 Celso Miragaya 11/18/09 500.00 500.00
0112 Chico Industries 12/08/09 500.00 500.00
0311 Maria Riquezes Curiel 02/01/10 500.00 500.00
404 Jennifer Homes, Inc. 03/29/11 250.00 250.00
-
-
$9,750.00 $2,000.00 $ 7,750.00
$7,750.00
Total
Bank fees (35.00)
Cash to transfer to OPR fr bank a/c closure 11/30/10 500.00
Cash Balance $ 8,215.00
Diff $0.00

32. 02/09/2012 1:44:44 PM Prepaid Report
0T85 VILLA ALHAMBRA OF CORAL GABLES CONDOMINIUM ASSOCIATION, INC.
As of 01/31/2012
Building: 0000 - VILLA ALHAMBRA CONDO ASSOC
C/O THE CONTINENTAL GROUP INC
50 ALHAMBRA CIR
CORAL GABLES, FL 33134
Unit Resident Address Status Date Last Pay Last Pay Current Over 30 Over 60 Over 90 Balance
Date Amount Days Days Days
No Collection Status
0101 01 Randall Gluss 50 Alhambra Cir 101 02/06/2012 864.69 -0.06 -0.06
0103 01 Christian VonDerGoltz 50 Alhambra Cir 103 01/30/2012 851.33 -851.33 -851.33 -790.69 -976.94 -3,470.29
0107 01 Marta Megassini 50 Alhambra Cir 107 01/31/2012 859.18 -859.18 -20.00 -879.18
0108 01 Joseph Monagle 50 Alhambra Cir 108 02/08/2012 851.33 -0.24 -0.24
0109 01 Gaspar Fernandez 50 Alhambra Cir 109 01/11/2012 787.60 -787.60 -175.68 -963.28
0110 01 Rober Gordon 50 Alhambra Cir 110 01/30/2012 851.33 -851.33 -851.33
0302 01 Michael E Dearing 50 Alhambra Cir 302 01/23/2012 412.66 -412.66 -412.66
0303 01 Ernesto Velazquez 50 Alhambra Cir 303 02/06/2012 358.25 -295.81 -156.01 -451.82
0307 01 Norman Cerna 50 Alhambra Cir 307 02/06/2012 349.78 -263.91 -263.91
0310 01 Joao Fernando Kfouri 50 Alhambra Cir 310 01/26/2012 399.66 -399.66 -50.02 -449.68
0409 01 Narciso Iturralde 50 Alhambra Cir 409 02/06/2012 358.25 -80.19 -80.19
0410 01 Chandan Sridhar 50 Alhambra Cir 410 01/18/2012 399.66 -399.66 -0.12 -399.78
Totals: 12 -4,825.39 -1,473.39 -790.69 -1,132.95 -8,222.42
RM Reminder Notice
0104 01 Alexandra V Mandado 50 Alhambra Cir 104 04/18/2011 02/03/2012 848.00 -219.56 -219.56
0301 01 Juan Gonzalez 50 Alhambra Cir 301 04/18/2011 12/22/2011 479.78 -529.22 -529.22
0305 01 Francisco M Perez 50 Alhambra Cir 305 01/13/2011 01/12/2012 4,197.36 -3,847.58 -3,847.58
0404 01 Manuel Cao Quintero 50 Alhambra Cir 404 01/17/2012 01/17/2012 4,795.92 -4,366.38 -4,366.38
0407 01 Tito Cabrera Bello 50 Alhambra Cir 407 10/18/2011 02/06/2012 349.78 -288.82 -288.82
Totals: 5 -8,722.34 -529.22 0.00 0.00 -9,251.56
NL No Letters
0408 01 Fernando Perez 50 Alhambra Cir 408 07/06/2011 01/11/2012 267.48 -2,137.40 -2,137.40
Totals: 1 -2,137.40 0.00 0.00 0.00 -2,137.40
0000 Totals: -15,685.13 -2,002.61 -790.69 -1,132.95 -19,611.38
Page: 1

33. 02/09/2012 1:44:44 PM Prepaid Report
0T85 VILLA ALHAMBRA OF CORAL GABLES CONDOMINIUM ASSOCIATION, INC.
As of 01/31/2012
Building: 0000 - VILLA ALHAMBRA CONDO ASSOC
C/O THE CONTINENTAL GROUP INC
50 ALHAMBRA CIR
CORAL GABLES, FL 33134
Unit Resident Address Status Date Last Pay Last Pay Current Over 30 Over 60 Over 90 Balance
Date Amount Days Days Days
MM Maintenance Fees -15,685.13 -2,002.61 -790.69 -1,132.95 -19,611.38
Grand Totals: -15,685.13 -2,002.61 -790.69 -1,132.95 -19,611.38
MM Maintenance Fees -15,685.13 -2,002.61 -790.69 -1,132.95 -19,611.38
Page: 2

34. 0T85 Villa Alhambra of Coral Gables Condominium Association, Inc.
Income Statement - Schedule of Prior Year Expense
January 31, 2012 GL Code 70298
Service
Description GL Code Date Period Amount
Window Services Accrual 2011 61075 04/11-12/11 4,500.00
Water & Sewer Accrual 2011 54070-00 12/31/2011 456.74
Total $ 4,956.74