<PAGE>
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 11-K
ANNUAL REPORT
Pursuant to Section 15 (d)
of the Securities Exchange Act of 1934
for the period ended September 3, 1999
TRUMP INDIANA SAVINGS PLAN
(Full title of the Plan)
TRUMP HOTELS AND CASINO RESORTS, INC.
(Name of Issuer of the securities held pursuant to the Plan)
1000 Boardwalk
Atlantic City, New Jersey 08401
(Address of principal executive office)
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
<PAGE>
TRUMP INDIANA SAVINGS PLAN
FINANCIAL STATEMENTS
AS OF SEPTEMBER 3, 1999 AND DECEMBER 31, 1998
TOGETHER WITH AUDITORS' REPORT
<PAGE>
INDEX
<TABLE>
<CAPTION>
Page
----
<S> <C>
REPORT OF INDEPENDENT PUBLIC ACCOUNTANTS 1
FINANCIAL STATEMENTS:
Statements of Net Assets Applicable to Participants' Equity as of September 3, 1999 and
December 31, 1998 2
Statement of Changes in Net Assets Applicable to Participants' Equity for the
Period Ended September 3, 1999 3
NOTES TO FINANCIAL STATEMENTS 4-8
SUPPLEMENTAL SCHEDULE:
I--Item 27d - Schedule of Reportable Transactions for the Period Ended September 3, 1999
9
</TABLE>
<PAGE>
REPORT OF INDEPENDENT PUBLIC ACCOUNTANTS
To the Benefits Committee of
the Trump Indiana Savings Plan:
We have audited the accompanying statements of net assets applicable to
participants' equity of the Trump Indiana Savings Plan (the "Plan") as of
September 3, 1999 and December 31, 1998, and the related statement of changes in
net assets applicable to participants' equity for the period from January 1,
1999 through September 3, 1999. These financial statements and the schedule
referred to below are the responsibility of the Plan's management. Our
responsibility is to express an opinion on these financial statements and
schedule based on our audits.
We conducted our audits in accordance with generally accepted auditing
standards. Those standards require that we plan and perform the audit to obtain
reasonable assurance about whether the financial statements are free of material
misstatement. An audit includes examining, on a test basis, evidence supporting
the amounts and disclosures in the financial statements. An audit also includes
assessing the accounting principles used and significant estimates made by
management, as well as evaluating the overall financial statement presentation.
We believe that our audits provide a reasonable basis for our opinion.
In our opinion, the financial statements referred to above present fairly, in
all material respects, the net assets applicable to participants' equity of the
Plan as of September 3, 1999 and December 31, 1998, and the changes in its net
assets applicable to participants' equity for the period from January 1, 1999
through September 3, 1999, in conformity with generally accepted accounting
principles.
Our audits were performed for the purpose of forming an opinion on the basic
financial statements taken as a whole. The supplemental schedule of reportable
transactions is presented for the purpose of additional analysis and is not a
required part of the basic financial statements but is supplementary information
required by the Department of Labor's Rules and Regulations for Reporting and
Disclosure under the Employee Retirement Income Security Act of 1974. The fund
information in the statements of net assets applicable to participants' equity
and the statement of changes in net assets applicable to participants' equity is
presented for purposes of additional analysis rather than to present the net
assets applicable to participants' equity and the changes in net assets
applicable to participants' equity of each fund. The supplemental schedule and
fund information have been subjected to the auditing procedures applied in the
audits of the basic financial statements and, in our opinion, are fairly stated
in all material respects in relation to the basic financial statements taken as
a whole.
/s/ ARTHUR ANDERSEN LLP
Roseland, New Jersey
December 24, 1999
<PAGE>
TRUMP INDIANA SAVINGS PLAN
STATEMENTS OF NET ASSETS APPLICABLE TO PARTICIPANTS' EQUITY
AS OF SEPTEMBER 3, 1999 AND DECEMBER 31, 1998
<TABLE>
<CAPTION>
September 3, 1999 December 31, 1998
----------------- -----------------
ASSETS:
<S> <C> <C>
Investments at market value (Notes 1 and 3)-
The Chicago Trust Company Stated Principal Value Investment Trust Fund $ - $ 155,385
SoGen International Fund - 111,593
Massachusetts Investors Trust Fund - 302,900
Oppenheimer Quest Value Fund - 330,156
Oppenheimer Quest Opportunity Value Fund - 430,883
Montag & Caldwell Growth Fund - 418,811
AIM Constellation Fund - 359,835
Templeton Foreign Fund - 155,106
Oppenheimer Quest Capital Value Fund - 34,753
Davis New York Venture Fund - 15,509
Franklin Small Cap Growth Fund - 17,651
Pimco Total Return Fund - -
Montag & Caldwell Balanced Fund - -
Vanguard Index 500 Fund - -
GAM International Fund - -
Trump Hotels & Casino Resorts, Inc. Common Stock - 19,704
Participants' Loans Receivable - 257,478
Other - 92,519
Receivables-
Contributions Receivable from Plan Sponsor - 113,071
Contributions Receivable from Participants - 76,239
----------- ----------
NET ASSETS APPLICABLE TO PARTICIPANTS' EQUITY $ - $2,891,593
=========== ==========
</TABLE>
The accompanying notes to financial statements are an integral part of these
statements.
<PAGE>
TRUMP INDIANA SAVINGS PLAN
STATEMENT OF CHANGES IN NET ASSETS APPLICABLE TO PARTICIPANTS' EQUITY
FOR THE PERIOD ENDED SEPTEMBER 3, 1999
<TABLE>
<CAPTION>
The Chicago Trust
Company Stated
Principal Value SoGen Massachusetts
Investment Trust Fund International Fund Investors Trust Fund
--------------------- ------------------ --------------------
<S> <C> <C> <C>
NET ASSETS APPLICABLE TO PARTICIPANTS' EQUITY,
beginning of period $ 155,385 $ 111,593 $ 302,900
--------- --------- ---------
Contributions-
Participants 35,145 35,949 99,681
Plan Sponsor (net of forfeitures) 226 9,459 24,156
Participant Rollovers 15,104 901 901
--------- --------- ---------
Total contributions 50,475 46,309 124,738
Dividend income -- -- 2,577
Interest income (32) -- --
Realized/unrealized appreciation (depreciation) of
investments 7,377 15,918 6,513
Distributions to participants (9,264) (15,511) (50,151)
Loans issued to participants (12,461) (10,152) (26,418)
Loan principal repayments 4,171 10,127 18,434
Administrative expenses (325) (293) (679)
Interfund transfers (net) (10,598) (4,032) (8,838)
Transfers to related plans (632) -- (852)
Merger into Trump Casino Services Savings Plan (184,096) (153,959) (368,224)
--------- --------- ---------
Decrease in net assets (155,385) (111,593) (302,900)
--------- --------- ---------
NET ASSETS APPLICABLE TO PARTICIPANTS' EQUITY, end of
period $ -- $ -- $ --
========== ========= =========
</TABLE>
The accompanying notes to financial statements are an integral part of this
statement.
<PAGE>
<TABLE>
<CAPTION>
Oppenheimer
Quest Montag & AIM
Oppenheimer Opportunity Caldwell Constellation Templeton
Quest Value Fund Value Fund Growth Fund Fund Foreign Fund
----------------- ----------- ----------- ----------- -----------
<S> <C> <C> <C> <C> <C>
NET ASSETS APPLICABLE TO PARTICIPANTS' EQUITY,
beginning of period $ 330,156 $ 430,883 $ 418,811 $ 359,835 $ 155,106
----------- ----------- ----------- ----------- -----------
Contributions-
Participants 104,103 127,120 114,077 92,992 48,137
Plan Sponsor (net of forfeitures) 24,479 28,674 24,523 18,592 9,451
Participant Rollovers 1,351 -- 901 901 901
----------- ----------- ----------- ----------- -----------
Total contributions 129,933 155,794 139,501 112,485 58,489
Dividend income -- -- -- -- --
Interest income -- -- -- -- --
Realized/unrealized appreciation (depreciation) of
investments 2,656 30,905 54,746 33,085 43,322
Distributions to participants (59,504) (84,163) (76,848) (53,247) (33,062)
Loans issued to participants (34,469) (38,554) (38,931) (36,498) (20,023)
Loan principal repayments 17,622 26,332 21,688 20,148 10,966
Administrative expenses (847) (965) (905) (728) (470)
Interfund transfers (net) (5,061) (6,927) 11,142 (5,143) (5,957)
Transfers to related plans (735) -- (950) -- --
Merger into Trump Casino Services Savings Plan (379,751 (513,305) (528,254) (429,937) (208,371)
----------- ----------- ----------- ----------- -----------
Decrease in net assets (330,156) (430,883) (418,811) (359,835) (155,106)
----------- ----------- ----------- ----------- -----------
NET ASSETS APPLICABLE TO PARTICIPANTS' EQUITY, end of
period $ -- $ -- $ -- $ -- $ --
=========== =========== =========== =========== ===========
<CAPTION>
Davis New Pimco Montag &
Oppenheimer York Franklin Total Caldwell
Quest Capital Venture Small Cap Return Balanced
Value Fund Fund Growth Fund Fund Fund
----------- ----------- -------------- ----------------------
<S> <C> <C> <C> <C> <C>
NET ASSETS APPLICABLE TO PARTICIPANTS' EQUITY, $ 34,753 $ 15,509 $ 17,651 $ -- $ --
beginning of period ----------- ----------- ----------- ----------- -----------
Contributions-
Participants 17,691 16,268 12,038 82 669
Plan Sponsor (net of forfeitures) 5,420 3,767 3,003 18 84
Participant Rollovers 1,351 -- -- -- --
----------- ----------- ----------- ----------- ----------
Total contributions 24,462 20,035 15,041 100 753
Dividend income -- -- -- -- 1
Interest income -- -- -- -- --
Realized/unrealized appreciation (depreciation) of
investments (2,859) 2,606 5,569 (1) 25
Distributions to participants (18,387) (4,756) (3,196) (35) (288)
Loans issued to participants (3,852) (1,449) (1,285) -- (96)
Loan principal repayments 3,803 1,100 315 -- 15
Administrative expenses (101) (39) (27) -- (4)
Interfund transfers (net) 503 3,635 19,709 -- 378
Transfers to related plans -- -- -- -- --
Merger into Trump Casino Services Savings Plan (38,322) (36,641) (53,777) (64) (784)
----------- ----------- ----------- ----------- -----------
Decrease in net assets (34,753) (15,509) (17,651) -- --
----------- ----------- ----------- ----------- -----------
NET ASSETS APPLICABLE TO PARTICIPANTS' EQUITY, end of
period $ -- $ -- $ -- $ -- $ --
=========== =========== =========== =========== ===========
<CAPTION>
Trump Hotels &
Vanguard GAM Casino Resorts,
Index 500 International Inc. Common
Fund Fund Stock
----------- ----------- -----------
<S> <C> <C> <C>
NET ASSETS APPLICABLE TO PARTICIPANTS' EQUITY,
beginning of period $ -- $ -- $ 19,704
----------- ----------- -----------
Contributions-
Participants 2,338 100 13,719
Plan Sponsor (net of forfeitures) 658 37 4,222
Participant Rollovers -- -- 450
----------- ----------- -----------
Total contributions 2,996 137 18,391
Dividend income 7 -- --
Interest income -- -- 38
Realized/unrealized appreciation (depreciation) of
investments (17) (1) 9,024
Distributions to participants (287) (36) (4,254)
Loans issued to participants (908) -- (1,458)
Loan principal repayments 180 -- 526
Administrative expenses (17) -- --
Interfund transfers (net) 3,080 -- 8,109
Transfers to related plans -- -- --
Merger into Trump Casino Services Savings Plan (5,034) (100) (50,080)
----------- ----------- -----------
Decrease in net assets -- -- (19,704)
----------- ----------- -----------
NET ASSETS APPLICABLE TO PARTICIPANTS' EQUITY, end of
period $ -- $ -- $ --
=========== =========== ===========
<CAPTION>
Participants'
Loans
Receivable Other Total
-------------- ------------- ----------
<S> <C> <C> <C>
NET ASSETS APPLICABLE TO PARTICIPANTS' EQUITY,
beginning of period $ 257,478 $ 281,829 $ 2,891,593
----------- ----------- -----------
Contributions-
Participants -- (153,321) 566,788
Plan Sponsor (net of forfeitures) -- (114,545) 42,224
Participant Rollovers -- -- 22,761
----------- ----------- -----------
Total contributions -- (267,866) 631,773
Dividend income -- -- 2,585
Interest income -- 4,581 4,587
Realized/unrealized appreciation (depreciation) of
investments -- -- 208,868
Distributions to participants (50,604) 2,016 (461,577)
Loans issued to participants 226,554 -- --
Loan principal repayments (120,169) (15,258) --
Administrative expenses -- (635) (6,035)
Interfund transfers (net) -- -- --
Transfers to related plans -- -- (3,169)
Merger into Trump Casino Services Savings Plan (313,259) (4,667) (3,268,625)
----------- ----------- -----------
Decrease in net assets (257,478) (281,829) (2,891,593)
----------- ----------- -----------
NET ASSETS APPLICABLE TO PARTICIPANTS' EQUITY, end of
period $ -- $ -- $ --
=========== =========== ===========
</TABLE>
<PAGE>
TRUMP INDIANA SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS
AS OF SEPTEMBER 3, 1999 AND DECEMBER 31, 1998
1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
-----------------------------------------
Basis of Accounting
- -------------------
The accompanying financial statements of the Trump Indiana Savings Plan (the
"Plan") have been prepared on the accrual basis of accounting.
Plan Expenses
- -------------
Expenses related to the administration of the Plan have been paid by Trump
Indiana, Inc. (the "Plan Sponsor"). These costs represent trustee fees and
professional services and amounted to approximately $31,000 for the period ended
September 3, 1999.
Investments
- -----------
The investments included in the statements of net assets applicable to
participants' equity are stated at market value. Market value, which is
equivalent to current value, is the unit valuation of the security at the plan
year-end as determined by The Chicago Trust Company, the trustee of the Plan
(the "Trustee"). Accounting records are maintained on the accrual basis,
investment transactions are recorded on the trade date basis and gains and
losses are calculated based upon an aggregate participant cost that is
maintained on an average unit cost basis.
Use of Estimates
- ----------------
The preparation of financial statements in conformity with generally accepted
accounting principles requires management to make estimates and assumptions that
affect the reported amount of net assets and disclosure of contingent assets and
liabilities at the date of the financial statements and the reported amounts of
revenues and expenses during the reporting period. Actual results could differ
from those estimates.
2. PLAN DESCRIPTION
----------------
The following description of the Plan provides only general information.
Participants should refer to the Plan document for a more complete description
of the Plan's provisions.
General
- -------
The Plan is a 401(k) Savings Plan, which was established by the Plan Sponsor and
became effective on January 1, 1997. All full or part-time, non-union employees
become eligible for participation in the Plan on the enrollment date immediately
following the completion of 12 months of service and the attainment of age 18.
In addition, union employees covered by a collective bargaining agreement that
provides for participation in the Plan may enroll upon meeting the same
requirements as non-union employees.
The Plan is administered by a committee appointed by the Plan Sponsor (the "Plan
Administrator").
<PAGE>
TRUMP INDIANA SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS
AS OF SEPTEMBER 3, 1999 AND DECEMBER 31, 1998
Contributions
- -------------
Participants
------------
Compensated participants, as defined, are eligible to voluntarily contribute to
the Plan up to 20% of their annual compensation, as defined. Tax deferred
contributions are subject to a limit by the Internal Revenue Code. The 1999
limit was $10,000 per participant. Contributions to the Plan are invested by
the Trustee, as designated by the participant, in increments of 5%.
Plan Sponsor
------------
The Plan Sponsor contributes to the Plan 50% of each participant's
contributions, not to exceed 3% of the participant's annual compensation, as
defined.
Participant Rollovers
---------------------
The Plan permits eligible participants, as defined, to rollover cash or other
property acceptable to the Plan Administrator from another qualified plan in
addition to qualified voluntary participant contributions.
Distributions to Participants
- -----------------------------
Each participant has a fully vested interest in the amount of his or her
contributions together with the allocable Plan earnings. Contributions from the
Plan Sponsor vest based on the vesting schedule described below. The full value
of the participant's vested interest in his or her account in the Plan will be
distributed upon termination of the participant's employment. The normal form
of payment is by lump sum; however, if a participant's vested benefit from all
contributions exceeds $5,000, a participant has the right to receive payment in
equal periodic monthly, quarterly, semi-annual or annual installments over a
period not to exceed ten years.
A participant may also withdraw all or part of his or her account upon
attainment of age 59-1/2 or financial hardship, as defined in the Plan.
Upon termination of employment prior to eligibility for retirement, a
participant is eligible to receive the vested balance in his or her account.
There were no payments due to participants who have requested to withdraw their
funds prior to September 3, 1999 or December 31, 1998.
Vesting
- -------
Voluntary contributions are fully vested at all times and are not subject to
forfeiture.
The Plan Sponsor's contributions vest based upon the participant's years of
continuous service as follows-
<TABLE>
<CAPTION>
Years of Continuous Service Percentage Vested
------------------------------- ------------------------
<S> <C>
Less than two years 0%
Two years 25%
Three years 50%
Four years 75%
Five years or more 100%
</TABLE>
<PAGE>
TRUMP INDIANA SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS
AS OF SEPTEMBER 3, 1999 AND DECEMBER 31, 1998
Forfeitures
- -----------
The portion of a former participant's account which is not distributed because
of the vesting provision will reduce the amount of the Plan Sponsor's future
contributions. For the period ending September 3, 1999, $68,105 was used to
reduce Plan Sponsor contributions. As of September 3, 1999 and December 31,
1998, $51,759 and $60,069 were available to reduce future Plan Sponsor
contributions, respectively.
Loans
- -----
The Plan permits participants to borrow from their accounts at terms established
by the Plan Administrator. Participants may borrow up to the lesser of $50,000
or 50% of their vested account balance for specific reasons, as defined by the
Plan. Each loan is secured by the borrower's vested interest in the Plan and is
subject to other requirements, as defined. Interest on loans is charged at a
rate that is comparable to similar loans made by commercial lenders. Loan
repayment terms range up to five years (fifteen years if the loan was used to
purchase a primary residence). A small administrative fee is required to
process all loans.
3. INVESTMENTS
-----------
Participants can invest their funds in sixteen available investment vehicles as
described below-
Money Market Fund
- -----------------
The Chicago Trust Company Stated Principal Value Investment Trust Fund - A money
- ----------------------------------------------------------------------
market equivalent account. This fund invests in short-term high quality
financial instruments issued by insurance companies and banks.
Mutual Funds
- ------------
SoGen International Fund - A multi-asset global mutual fund. The investment
- ------------------------
objective and style of this fund is to provide long-term growth of capital by
investing primarily in common stocks of United States and foreign companies.
Massachusetts Investors Trust Fund - A growth and income mutual fund. The
- ----------------------------------
investment objective of this fund is to provide reasonable current income and
long-term growth of capital and income.
Oppenheimer Quest Value Fund - An equity mutual fund. The investment objective
- ----------------------------
of this fund is to seek capital appreciation by investing primarily in equity
securities believed to be undervalued in relation to factors such as the
companies' assets, earnings or growth potential.
Oppenheimer Quest Opportunity Value Fund - An asset allocation mutual fund. The
- ----------------------------------------
investment objective and style of this fund is to seek long-term capital
appreciation by investing in stocks, bonds and cash equivalents.
Montag & Caldwell Growth Fund - An equity growth mutual fund. The investment
- -----------------------------
objective of this fund is to seek long-term capital appreciation consistent
primarily with investments in a combination of equity, convertible, fixed-income
and short-term securities.
AIM Constellation Fund - An aggressive equity mutual fund. The investment
- ----------------------
objective of this fund is to seek capital appreciation through investments in
common stocks, with emphasis on medium-sized and smaller emerging growth
companies.
<PAGE>
TRUMP INDIANA SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS
AS OF SEPTEMBER 3, 1999 AND DECEMBER 31, 1998
Templeton Foreign Fund - Mutual fund investing in virtually any type of security
- ----------------------
in any country outside of the United States, in developed or emerging markets.
The fund's objective is long-term capital growth.
Oppenheimer Quest Capital Value Fund - An equity mutual fund. The investment
- ------------------------------------
objective of this fund is to seek capital appreciation by investing primarily in
equity securities believed to be undervalued in relation to factors such as the
companies' assets, earnings, or growth potential or cash flows. This fund also
may invest in high-yield, non investment grade bonds.
Davis New York Venture Fund - Mutual fund investing primarily in equity
- ---------------------------
securities of United States and foreign companies with the objective of capital
appreciation.
Franklin Small Cap Growth Fund - Mutual fund investing in equity securities of
- ------------------------------
companies with a market capitalization of less than $1 billion.
Pimco Total Return Fund - An asset allocation mutual fund. The investment
- -----------------------
objective of this fund is to seek total return consistent with the preservation
of capital by investing in stocks, bonds and cash equivalents.
Montag & Caldwell Balanced Fund - Mutual fund investing in various equity and
- -------------------------------
debt securities to achieve total return.
Vanguard Index 500 Fund - Mutual fund that seeks investment results that
- -----------------------
correspond with the price and yield performance of the Standard & Poors 500
Index.
GAM International Fund - An equity mutual fund. The investment objective is
- ----------------------
long-term capital appreciation primarily through investing in equity markets
worldwide, excluding that of the United States.
Common Stock
- ------------
Trump Hotels & Casino Resorts, Inc. ("THCR") Common Stock - This is the common
- ---------------------------------------------------------
stock of the holding company that owns Trump Plaza Hotel & Casino, Trump Taj
Mahal Hotel & Casino, Trump Marina Hotel & Casino and Trump Indiana, Inc.
4. TAX STATUS
----------
The Plan has not yet received a determination letter from the Internal Revenue
Service stating whether the Plan, as designed, is in compliance with the
applicable requirements of the Internal Revenue Code. However, the Plan
Administrator believes that the Plan is currently designed and being operated in
compliance with the applicable requirements of the Internal Revenue Code.
Therefore, they believe that the Plan was qualified and the related trust was
tax exempt as of the financial statement date.
5. PLAN MERGER
-----------
Effective September 3, 1999, the Plan was merged into the Trump Casino Services
Savings Plan (the "TCS Plan"). The TCS Plan was renamed the Trump Savings Plan.
The transfer of assets is not expected to adversely affect the future payment of
benefits to the participants who are now members of the Plan.
<PAGE>
TRUMP INDIANA SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS
AS OF SEPTEMBER 3, 1999 AND DECEMBER 31, 1998
While the Plan Sponsor has not expressed any intent to terminate the Plan, the
Plan Sponsor may do so at any time subject to the provisions of the Employee
Retirement Income Security Act of 1974. In the event of termination, each
participant is entitled to the value of his or her separate account.
6. RELATED PARTY TRANSACTIONS
--------------------------
Certain Plan investments are shares of a money market fund managed by The
Chicago Trust Company. The Chicago Trust Company is the Trustee as defined by
the Plan and, therefore, these transactions qualify as party-in-interest.
Certain Plan investments include shares of THCR common stock ("Common Stock")
and, therefore, these transactions qualify as party-in-interest. As of
September 3, 1999 and December 31, 1998, the Plan holds Common Stock with a
market value of $0 and $19,704, respectively. During the period ended September
3, 1999, Common Stock was acquired at a cost of $103,050; and Common Stock was
sold with an original cost basis of $79,067.
The Plan Sponsor has sister companies that also sponsor similar Savings Plans.
Transactions between the Plan and plans sponsored by the sister companies are as
follows-
<TABLE>
<S> <C>
Transfers to the Trump Marina Hotel & Casino Savings Plan, net $ 111,948
Transfers to the Trump Taj Mahal Hotel & Casino Savings, Plan, net 275,106
Transfers to the Trump Plaza Hotel & Casino Savings Plan, net 318,535
Transfers out of the Trump Casino Services Savings Plan, net (702,420)
Transfers out of the Trump Indiana Savings Plan, net (3,169)
---------
Net Related Plan Transfers $ -
=========
</TABLE>
<PAGE>
SCHEDULE I
TRUMP INDIANA SAVINGS PLAN
ITEM 27D - SCHEDULE OF REPORTABLE TRANSACTIONS
FOR THE PERIOD ENDED SEPTEMBER 3, 1999 (A)
EMPLOYER IDENTIFICATION #22-3216299, PLAN NUMBER 001
<TABLE>
<CAPTION>
(d) Selling
(a) Identity of Party Involved (b) Description of Asset (c) Purchase Price Price
------------------------------ ------------------------ ------------------ -----
<S> <C> <C> <C>
The Chicago Trust Company Stated Principal Value Investment Trust Fund-
125 Purchases $ 117,450 N/A
94 Sales N/A $ 96,116
MFS Funds Massachusetts Investors Trust Fund-
104 Purchases 195,160 N/A
181 Sales N/A 136,350
Oppenheimer Quest Value Fund-
98 Purchases 177,246 N/A
200 Sales N/A 130,306
Oppenheimer Quest Opportunity Value Fund-
178 Purchases 218,795 N/A
235 Sales N/A 167,033
Montag Montag & Caldwell Growth Fund-
109 Purchases 208,969 N/A
192 Sales N/A 154,270
AIM Funds, Inc. AIM Constellation Fund-
97 Purchases 147,873 N/A
183 Sales N/A 110,854
Templeton Funds, Inc. Templeton Foreign Fund-
96 Purchases 84,297 N/A
165 Sales N/A 74,355
Trump Hotels & Casino Resorts, Inc. Trump Hotels & Casino Resorts, Inc. Common Stock-
78 Purchases 103,050 N/A
42 Sales N/A 81,818
The Chicago Trust Company Loan Fund-
65 Purchases 253,217 N/A
65 Sales N/A 197,436
(h) Current Value
of Asset on (i) Net
(a) Identity of Party Involved (b) Description of Asset (g) Cost of Asset Transaction Gain
Date (Loss)
------------------------------ ------------------------ ----------------- ---------------- ------
The Chicago Trust Company Stated Principal Value Investment Trust Fund-
125 Purchases $ 117,450 $ 117,450 N/A
94 Sales 92,139 96,116 $ 3,977
MFS Funds Massachusetts Investors Trust Fund-
104 Purchases 195,160 195,160 N/A
181 Sales 129,300 136,350 7,050
Oppenheimer Quest Value Fund-
98 Purchases 177,246 177,246 N/A
200 Sales 126,267 130,306 4,039
Oppenheimer Quest Opportunity Value Fund-
178 Purchases 218,795 218,795 N/A
235 Sales 160,948 167,033 6,085
Montag Montag & Caldwell Growth Fund-
109 Purchases 208,969 208,969 N/A
192 Sales 130,889 154,270 23,381
AIM Funds, Inc. AIM Constellation Fund-
97 Purchases 147,873 147,873 N/A
183 Sales 100,220 110,854 10,634
Templeton Funds, Inc. Templeton Foreign Fund-
96 Purchases 84,297 84,297 N/A
165 Sales 75,067 ) 74,355 ) (712)
Trump Hotels & Casino Resorts, Inc. Trump Hotels & Casino Resorts, Inc. Common Stock-
78 Purchases 103,050 103,050 N/A
42 Sales 79,067 81,818 2,751
The Chicago Trust Company Loan Fund-
65 Purchases 253,217 253,217 N/A
65 Sales 197,436 197,436 -
</TABLE>
(A) Reportable transactions are those purchases and sales of the same security
which, individually or in the aggregate, exceed 5% of Plan assets at January 1,
1999.
Note: In addition to the above purchases and sales, on September 3, 1999 all of
the assets of the Plan were transferred to the Trump Casino Services Savings
Plan as a result of the merger of the two plans.
The accompanying notes to financial statements are an integral part of this
schedule.
13
<PAGE>
Exhibit 23.1
CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS
As independent public accountants, we hereby consent to the incorporation of our
report included in this Form 11-K into the Trump Hotels & Casino Resorts, Inc.
previously filed Form S-8 Registration Statement No. 333-2201.
/s/ ARTHUR ANDERSEN LLP
Roseland, New Jersey
December 24, 1999
