13F-HR 1 f13-123107.txt FOURTH QUARTER 2007 ` UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Quarter Ended: December 31, 2007 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatment. [ ] adds new holdings entries Institutional Investment Manager Filing this Report Name: Chas. P. Smith & Associates, PA, CPA's Address: 1509 South Florida Avenue Lakeland, FL 33803 13F File Number: 28-6224 The institutional investment manager filing this report and the person by whom it is signed hereby represents that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Chas. P. Smith Title: President Phone: 863-688-1725 Signature, Place, and Date of Signing Chas. P. Smith, Lakeland, Florida, January 11, 2008 Report Type (Check only one.): [x] 13F HOLDINGS REPORT [ ] 13F NOTICE [ ] 13F COMBINATION REPORT List of Other Managers Reporting for this Manager: I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES AND EXCHANGE ACT OF 1934. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 66 Form 13F Information Table Value Total: 242927 FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- AT&T Corp New COM 00206R102 752 18101 SH SOLE 18101 Allegheny Technologies Inc COM 01741R102 461 5341 SH SOLE 5341 American Intl Group Com COM 026874107 4915 84299 SH SOLE 84299 Amgen Inc COM 031162100 2451 52788 SH SOLE 52788 Anadarko Pete Corp Com COM 032511107 267 4070 SH SOLE 4070 Anheuser Busch COM 035229103 5032 96148 SH SOLE 96148 Apple Computers COM 037833100 368 1858 SH SOLE 1858 BP Amoco P L C Sponsored Adr COM 055622104 842 11504 SH SOLE 11504 Bank Of America Corp New COM 060505104 640 15500 SH SOLE 15500 Berkshire Hathaway Inc Del Cl COM 084670108 4106 29 SH SOLE 29 Berkshire Hathaway Inc Del Cl COM 084670207 20204 4266 SH SOLE 4266 Cdt Ventures Inc Com COM 125128108 0 20000 SH SOLE 20000 Chesapeake Energy Corp Com COM 165167107 4882 124540 SH SOLE 124540 ChevronTexaco Corp Com COM 166764100 13010 139402 SH SOLE 139402 Cisco Sys Inc COM 17275R102 6137 226695 SH SOLE 226695 Coca-Cola COM 191216100 3387 55195 SH SOLE 55195 Colgate Palmolive COM 194162103 234 2996 SH SOLE 2996 Colonial Bancorp Inc Com COM 195493309 340 25116 SH SOLE 25116 ConocoPhillips Com COM 20825C104 10143 114875 SH SOLE 114875 Csx Corp Com COM 126408103 338 7680 SH SOLE 7680 Dell Computer COM 24702R101 2823 115192 SH SOLE 115192 Dow Chem Co COM 260543103 217 5500 SH SOLE 5500 Du Pont E I De Nemours Com COM 263534109 264 5998 SH SOLE 5998 Duke Energy Corp COM 26441c105 203 10069 SH SOLE 10069 Exxon Mobil Corp Com COM 30231G102 24677 263385 SH SOLE 263385 FPL Group Inc. COM 302571104 242 3568 SH SOLE 3568 Fuelnation Inc Com New COM 359528205 0 10000 SH SOLE 10000 General Electric Co COM 369604103 7462 201286 SH SOLE 201286 Global Crossing COM G3921A100 0 13195 SH SOLE 13195 Home Depot COM 437076102 3685 136794 SH SOLE 136794 Intel COM 458140100 5186 194511 SH SOLE 194511 International Pwr Grou Com COM 46018A100 1 11525 SH SOLE 11525 Johnson & Johnson COM 478160104 8048 120664 SH SOLE 120664 Kinder Morgan Mgmt Llc Shs COM 49455U100 688 12997 SH SOLE 12997 Lowes Cos Inc Com COM 548661107 1425 62993 SH SOLE 62993 Merck & Co, Inc. COM 589331107 217 3736 SH SOLE 3736 Microsoft COM 594918104 5750 161506 SH SOLE 161506 Nokia Corp Sponsored Adr COM 654902204 6432 167541 SH SOLE 167541 Oracle Corp Com COM 68389X105 5860 259535 SH SOLE 259535 Pepsico COM 713448108 5190 68383 SH SOLE 68383 Pfizer COM 717081103 4147 182442 SH SOLE 182442 Proctor & Gamble COM 742718109 3481 47406 SH SOLE 47406 Provident Energy Tr Unit COM 74386K104 1505 150550 SH SOLE 150550 SLM Corp COM 78442P106 2186 108561 SH SOLE 108561 Southern Co Com COM 842587107 234 6029 SH SOLE 6029 Street Tracks Gold Tr Gold Shs COM 863307104 1251 15165 SH SOLE 15165 Student Loan Corp COM 863902102 1579 14351 SH SOLE 14351 Tompkins Trust Co Inc Com COM 890110109 734 18921 SH SOLE 18921 Union Pac Corp Com COM 907818108 394 3140 SH SOLE 3140 United Healthcare Corp Com COM 91324P102 6197 106470 SH SOLE 106470 Unitrin Inc Com COM 913275103 509 10600 SH SOLE 10600 Vanguard Intl Eqty Idx Emr Mkt COM 922042858 6302 60423 SH SOLE 60423 Vanguard Whitehall Fds High Di COM 921946406 659 12897 SH SOLE 12897 Verizon Communications Com COM 92343V104 352 8061 SH SOLE 8061 Wal-Mart Stores Inc COM 931142103 224 4712 SH SOLE 4712 Walgreens, Inc. COM 931422109 1663 43680 SH SOLE 43680 Wrigley COM 982526105 3816 65175 SH SOLE 65175 iShares Comex Gold Tr Ishares COM 464285105 2973 36060 SH SOLE 36060 iShares Gsci Comm Idx Unit Ben COM 46428R107 7933 150420 SH SOLE 150420 iShares Tr Msci Eafe Idx COM 464287465 229 2916 SH SOLE 2916 iShares Tr Msci Emerg Mkt COM 464287234 201 1335 SH SOLE 1335 iShares Tr Msci Val Idx COM 464288877 19961 277422 SH SOLE 277422 iShares Tr Russell 2000 COM 464287655 560 7382 SH SOLE 7382 iShares Tr S&P 100 Idx Fd COM 464287101 7452 108310 SH SOLE 108310 iShares Tr S&P Gbl Energy COM 464287341 10459 73717 SH SOLE 73717 iShares Tr S&P Smlcp Grow COM 464287887 1047 7763 SH SOLE 7763