Evercore Partners Inc. (Parent Company Only) Financial Statements (Tables)

12 Months Ended

Dec. 31, 2012

Condensed Statements Of Financial Condition, Parent Company Only

EVERCORE PARTNERS INC.

(parent company only)

CONDENSED STATEMENTS OF FINANCIAL CONDITION

	December 31,
	2012			2011
ASSETS
Equity Investment in Subsidiary	$	490,856		$	452,027
Deferred Tax Asset		225,741			188,256
Other Assets		—			14,310
TOTAL ASSETS	$	716,597		$	654,593
LIABILITIES AND STOCKHOLDERS’ EQUITY
Liabilities
Payable to Related Party	$	7,282		$	6,217
Taxes Payable		11,872			—
Amounts Due Pursuant to Tax Receivable Agreement		165,350			137,448
Long-term Debt—Notes Payable		101,375			99,664
Other Liabilities		2,212			3,600
TOTAL LIABILITIES		288,091			246,929
Stockholders’ Equity
Common Stock
Class A, par value $0.01 per share (1,000,000,000 shares authorized, 35,040,501 and 31,014,265 issued at December 31, 2012 and 2011, respectively, and 29,576,986 and 27,941,307 outstanding at December 31, 2012 and 2011, respectively)		350			310
Class B, par value $0.01 per share (1,000,000 shares authorized, 43 and 47 issued and outstanding at December 31, 2012 and 2011, respectively)		—			—
Additional Paid-In-Capital		654,275			575,122
Accumulated Other Comprehensive Income (Loss)		(9,086	)		(12,058	)
Retained Earnings (Deficit)		(77,079	)		(76,703	)
Treasury Stock at Cost (5,463,515 and 3,072,958 shares at December 31, 2012 and 2011, respectively)		(139,954	)		(79,007	)
TOTAL STOCKHOLDERS’ EQUITY		428,506			407,664
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	716,597		$	654,593

Condensed Statements Of Operations, Parent Company Only

EVERCORE PARTNERS INC.

(parent company only)

CONDENSED STATEMENTS OF OPERATIONS

	For the Years Ended December 31,
	2012		2011		2010
REVENUES
Interest Income	$	7,955	$	7,817	$	7,693
TOTAL REVENUES		7,955		7,817		7,693
Interest Expense		7,955		7,817		7,693
NET REVENUES		—		—		—
EXPENSES
TOTAL EXPENSES		—		—		—
OPERATING INCOME		—		—		—
Equity in Income of Subsidiary		53,229		21,083		20,618
Provision for Income Taxes		24,340		14,131		11,664
NET INCOME (LOSS)	$	28,889	$	6,952	$	8,954

Condensed Statements Of Cash Flows, Parent Company Only

EVERCORE PARTNERS INC.

(parent company only)

CONDENSED STATEMENTS OF CASH FLOWS

	For the Years Ended December 31,
	2012			2011			2010
CASH FLOWS FROM OPERATING ACTIVITIES
Net Income (Loss)	$	28,889		$	6,952		$	8,954
Undistributed Income of Subsidiary		(53,229	)		(21,083	)		(20,618	)
Accretion on Long-term Debt		1,711			1,582			1,464
(Increase) Decrease in Operating Assets:
Other Assets		14,310			12,105			(1,324	)
Increase (Decrease) in Operating Liabilities:
Payable to Uncombined Affiliates		—			957			—
Taxes Payable		11,872			—			—
Other Liabilities		(3,101	)		(574	)		—
Net Cash Provided by (Used in) Operating Activities		452			(61	)		(11,524	)
CASH FLOWS FROM INVESTING ACTIVITIES
Cash Paid for Acquisitions, net of cash acquired		—			(30,397	)		—
Investment in Subsidiary		24,239			(22,994	)		23,760
Net Cash Provided by (Used in) Investing Activities		24,239			(53,391	)		23,760
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from Equity Offering		—			168,140			77,185
Purchase of Evercore LP Units		(395	)		(95,342	)		(76,763	)
Foreign Currency Translation		—			—			(300	)
Dividends		(24,296	)		(19,346	)		(12,358	)
Net Cash (Used in) Provided by Financing Activities		(24,691	)		53,452			(12,236	)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		—			—			—
CASH AND CASH EQUIVALENTS—Beginning of Year		—			—			—
CASH AND CASH EQUIVALENTS—End of Year	$	—		$	—		$	—