Notes to Financial Statements
1. SIGNIFICANT ACCOUNTING POLICIES
The Money Market Portfolios (Money Market) is a no load, open-end, diversified management investment
company (mutual fund), registered under the Investment Company Act of 1940, as amended. The Money
Market has two portfolios (the Portfolios) consisting of The Money Market Portfolio and The U.S. Government
Securities Money Market Portfolio. The Portfolios' investment objective is high current income. Each of the
Portfolios issues a separate series of shares and maintains a totally separate and distinct investment portfolio. The
shares of the Money Market are issued in private placements and are thus exempt from registration under the
Securities Act of 1933.
The following is a summary of significant accounting policies consistently followed by the Portfolios in the
preparation of their financial statements. The policies are in conformity with generally accepted accounting
principles for investment companies.
a. Security Valuation:
Portfolio securities are valued at amortized cost, which approximates value. Each of the Portfolios must maintain
a dollar weighted average maturity of 90 days or less and only purchase instruments having remaining maturities
of 397 days or less. If the Portfolio has a remaining weighted average maturity of greater than 90 days, the
Portfolio will be stated at value based on recorded closing sales on a national securities exchange or, in the
absence of a recorded sale, within the range of the most recent quoted bid and asked prices. The Board has
established procedures designed to stabilize, to the extent reasonably possible, each Portfolio's price per share as
computed for the purpose of sales and redemptions at $1.00.
b. Income Taxes:
The Portfolios intend to continue to qualify for the tax treatment applicable to regulated investment companies
under the Internal Revenue Code and to make the requisite distributions to shareholders which will be sufficient to
relieve the Portfolios from income