/raid1/www/Hosts/bankrupt/TCR

/raid1/www/Hosts/bankrupt/TCR_Public/050820.mbx T R O U B L E D C O M P A N Y R E P O R T E R Saturday, August 20, 2005, Vol. 9, No. 197 Headlines COLLINS & AIKMAN: Files Schedules of Assets & Debts COLLINS & AIKMAN: Accessory Mats' Schedules of Assets & Debts COLLINS & AIKMAN: Amco's Schedules of Assets & Debts COLLINS & AIKMAN: Argentina's Schedules of Assets & Debts COLLINS & AIKMAN: Asia's Schedules of Assets & Debts COLLINS & AIKMAN: Becker Group's Schedules of Assets & Debts COLLINS & AIKMAN: Brut Plastics' Schedules of Assets & Debts COLLINS & AIKMAN: Fabrics' Schedules of Assets & Debts COLLINS & AIKMAN: Gibraltar's Schedules of Assets & Debts FOOTSTAR INC: Earns $800,000 of Net Income in July 2005 INTERSTATE BAKERIES: Posts $9MM Net Loss for Period Ended June 25 KEYSTONE CONSOLIDATED: Earns $4.7 Mil. of Net Income in June 2005 MIIX GROUP: Posts $367,178 Cumulative Net Loss in June 2005 SONICBLUE INC: Files June 2005 Monthly Operating Report SOUTHERN INVESTORS: Posts $25,644 Net Loss for July 2005 TRINITY ENERGY: Earns $4,403 of Net Income in June 2005 WINSTAR COMMS: Posts $12,605 Net Loss in May 2005 WINSTAR COMMS: Posts $4,571 Net Loss in June 2005 ********* COLLINS & AIKMAN: Files Schedules of Assets & Debts --------------------------------------------------- A. Real Property $0 B. Personal Property B.1 Cash on Hand - B.2 Bank Account - B.3 Security Deposits - B.4 Household Goods - B.5 Books, Art Work & Collectibles - B.6 Wearing Apparel - B.7 Furs and Jewelry - B.8 Hobby Equipment - B.9 Insurance Policy Interests ACE American Insurance Company unknown American Guarantee & Liability Insurance unknown American Home Assurance Co. unknown Arch Specialty Insurance Company unknown Axis Specialty Insurance Company unknown Berkeley Insurance Company unknown Federal Insurance Company unknown Global Aerospace unknown Great American Alliance Insurance Co. unknown Hartford Fire Insurance Co. unknown Lexington Insurance Company unknown Liberty Insurance Underwriters, Inc. unknown Lloyds of London unknown National Union Fire Ins Co of Pittsburgh unknown New Hampshire Ins Co. unknown Ohio Casualty Insurance Co. unknown RLI Insurance Company unknown St. Paul Fire & Marine Insurance Co. unknown Twin City Fire Insurance Company unknown Underwriters at Lloyds London unknown White Rock Insurance Company unknown XL Insurance America Inc. unknown XL Specialty Insurance Co. unknown B.10 Annuities - B.11 Interest in Retirement Plans - B.12 Stock Interests Investment in C&A Products Co. 83,367,715 Others unknown B.13 Interests in Partnership and Joint Ventures - B.14 Government and Corporate Bonds - B.15 Accounts Receivable B.16 Alimony - B.17 Other Liquidated Debts - B.18 Equitable and Future Interests - B.19 Contingent and Non-Contingent Interests - B.20 Other Contingent and Non-liquidated Claims - B.21 Intellectual Property - Apparatus And Method Of Extrusion unknown Apparatus For Fabricating Textile unknown Cup Holder For Confined Spaces unknown Extrusion unknown High Temperature Resistant Sewing Threads and Method of Making unknown Interior Trim Spring Clip unknown Kontinuierliches Verfahren Zum Extrudieren Eines Thermoplastischen Materials Mit Hohem Fuellstoffgehalt Und Vorrichtung Zur Durchfuehrung Des Verfahrens unknown Plastics Extrusion Method unknown B.22 Licenses, Franchises and Other Intangibles - B.23 Vehicles and Accessories - B.24 Boats, Motors and Accessories - B.25 Aircraft and Accessories - B.26 Office Equipment - B.27 Machinery - B.28 Inventory - B.29 Animals - B.30 Crops - B.31 Farming Equipment - B.32 Farm Supplies - B.33 Others - TOTAL SCHEDULED ASSETS $83,367,715 ======================================================== C. Property Claimed as Exempt Not applicable D. Secured Claims JPMorgan Chase Bank NA 105,000,000 JPMorgan Chase Bank NA 108,800,000 JPMorgan Chase Bank NA 473,000,000 JPMorgan Chase Bank NA 927,801 JPMorgan Chase Bank NA 575,828 JPMorgan Chase Bank NA 3,378,337 Air & Water Systems Inc. 4,157 E. Unsecured Priority Claims 0 F. Unsecured Non-Priority Claims BNY Midwest Trust Company 500,000,000 BNY Midwest Trust Company 20,739,764 BNY Midwest Trust Company 400,900,000 BNY Midwest Trust Company 13,429,629 JPMorgan Chase Bank NA unknown TOTAL SCHEDULED LIABILITIES $1,626,755,516 ======================================================== Headquartered in Troy, Michigan, Collins & Aikman Corporation -- http://www.collinsaikman.com/-- is a global leader in cockpit modules and automotive floor and acoustic systems and is a leading supplier of instrument panels, automotive fabric, plastic-based trim, and convertible top systems. The Company has a workforce of approximately 23,000 and a network of more than 100 technical centers, sales offices and manufacturing sites in 17 countries throughout the world. The Company and its debtor-affiliates filed for chapter 11 protection on May 17, 2005 (Bankr. E.D. Mich. Case No. 05-55927). When the Debtors filed for protection from their creditors, they listed $3,196,700,000 in total assets and $2,856,600,000 in total debts. (Collins & Aikman Bankruptcy News, Issue No. 11; Bankruptcy Creditors' Service, Inc., 215/945-7000) COLLINS & AIKMAN: Accessory Mats' Schedules of Assets & Debts ------------------------------------------------------------- A. Real Property 7 acres of land with building on site at $434,559 1212 7th St. SW, Canton, Ohio 44707 Land held by Zainesville, Ohio plant 10,000 B. Personal Property B.1 Cash on Hand 2,000 B.2 Bank Account Key Bank Acct No. 42-813-3635 296,164 B.3 Security Deposits American Electric Power 67,399 Deposit for Industrial Insurance 1,000 Fallsway 15,040 Glenmoor Country Club 30,900 Miscellaneous Deposits 3,256 B.9 Insurance Policy Interests unknown B.12 Stock Interests unknown B.15 Accounts Receivable C&A Auto Holding GmbH (Germany) 10,049 C&A Automotive Exteriors, Inc. 588,716 C&A Canada, Inc (Canada) 37,792 C&A Carpet & Acoustics (MI) Inc. 19,594,089 C&A Carpet & Acoustics (TN) Inc. 42,015,574 C&A Plastics, Inc. 617 C&A Products Co. 81,445,624 Carcorp, Inc. 5,544,079 CW Management Corporation 794,240 Hopkins Services, Inc. 404,498 B.21 Intellectual Property 290,426 B.23 Vehicles and Accessories 0 B.26 Office Equipment Computer Software 24,706 Office Furniture & Fixtures 48,067 B.27 Machinery CIP 657,129 Machine & Equipment 5,979,921 Tooling 2,400,817 B.28 Inventory Finished Goods 619,821 Raw Material 2,068,672 Work in Progress 407,078 B.33 Others Buildings 5,726,771 Crib Supplies 25,000 Ford Returnable Containers (Holmesville) 126,115 Ford Returnable Containers (Canton) 71,015 Honda Returnable Containers 21,747 Land Improvements 22,051 Lease Hold Improvements 88,006 Subaru Returnable Containers 5,189 Toyota Returnable 3,957 Other Assets 614,106 ------------ TOTAL SCHEDULED ASSETS $170,051,630 ============ C. Property Claimed as Exempt Not applicable D. Secured Claims JPMorgan Chase Bank NA $473,000,000 JPMorgan Chase Bank NA 108,800,000 JPMorgan Chase Bank NA 105,000,000 JPMorgan Chase Bank NA 3,378,337 JPMorgan Chase Bank NA 927,801 JPMorgan Chase Bank NA 575,828 E. Unsecured Priority Claims 0 F. Unsecured Non-Priority Claims BNY Midwest Trust Company 500,000,000 BNY Midwest Trust Company 400,900,000 BNY Midwest Trust Company 20,739,764 BNY Midwest Trust Company 13,429,629 C&A Fabrics, Inc. 126,499,071 ISP Elastomer 1,109,071 JPS Automotive, Inc. 4,006,820 Others 5,794,149 -------------- TOTAL SCHEDULED LIABILITIES $1,072,478,504 ============== Headquartered in Troy, Michigan, Collins & Aikman Corporation -- http://www.collinsaikman.com/-- is a global leader in cockpit modules and automotive floor and acoustic systems and is a leading supplier of instrument panels, automotive fabric, plastic-based trim, and convertible top systems. The Company has a workforce of approximately 23,000 and a network of more than 100 technical centers, sales offices and manufacturing sites in 17 countries throughout the world. The Company and its debtor-affiliates filed for chapter 11 protection on May 17, 2005 (Bankr. E.D. Mich. Case No. 05-55927). When the Debtors filed for protection from their creditors, they listed $3,196,700,000 in total assets and $2,856,600,000 in total debts. (Collins & Aikman Bankruptcy News, Issue No. 12; Bankruptcy Creditors' Service, Inc., 215/945-7000) COLLINS & AIKMAN: Amco's Schedules of Assets & Debts ---------------------------------------------------- A. Real Property $0 B. Personal Property B.12 Stock Interests unknown B.15 Accounts Receivable Intercompany from Dura 25,899,701 Convertible Systems, Inc. Trade Receivables 30,258 B.28 Inventory Raw Material Freight Purchases Toluca 2,617,139 WIP Toluca 245,123 ----------- TOTAL SCHEDULED ASSETS $28,792,221 =========== C. Property Claimed as Exempt Not applicable D. Secured Claims JPMorgan Chase Bank N.A. $473,000,000 JPMorgan Chase Bank N.A. 108,800,000 JPMorgan Chase Bank N.A. 105,000,000 JPMorgan Chase Bank N.A. 3,378,337 JPMorgan Chase Bank N.A. 927,801 JPMorgan Chase Bank N.A. 575,828 The Chase Manhattan Bank Unknown E. Unsecured Priority Claims 0 F. Unsecured Non-Priority Claims BNY Midwest Trust Company 500,000,000 BNY Midwest Trust Company 400,900,000 BNY Midwest Trust Company 20,739,764 BNY Midwest Trust Company 13,429,629 C&A Products Co. 9,143,098 Dura De Mexico 4,845,199 Others 1,414,212 ------------ TOTAL SCHEDULED LIABILITIES $950,471,902 ============ Headquartered in Troy, Michigan, Collins & Aikman Corporation -- http://www.collinsaikman.com/-- is a global leader in cockpit modules and automotive floor and acoustic systems and is a leading supplier of instrument panels, automotive fabric, plastic-based trim, and convertible top systems. The Company has a workforce of approximately 23,000 and a network of more than 100 technical centers, sales offices and manufacturing sites in 17 countries throughout the world. The Company and its debtor-affiliates filed for chapter 11 protection on May 17, 2005 (Bankr. E.D. Mich. Case No. 05-55927). When the Debtors filed for protection from their creditors, they listed $3,196,700,000 in total assets and $2,856,600,000 in total debts. (Collins & Aikman Bankruptcy News, Issue No. 12; Bankruptcy Creditors' Service, Inc., 215/945-7000) COLLINS & AIKMAN: Argentina's Schedules of Assets & Debts --------------------------------------------------------- A. Real Property $0 B. Personal Property B.1 Cash on Hand 1,861 B.12 Stock Interests unknown B.15 Accounts Receivable 30,749 B.17 Other Liquidated Debts 26,997 ------- TOTAL SCHEDULED ASSETS $59,607 ======= C. Property Claimed as Exempt Not applicable D. Secured Claims JP Morgan Chase Bank unknown JPMorgan Chase Bank N.A. $473,000,000 JPMorgan Chase Bank N.A. 108,800,000 JPMorgan Chase Bank N.A. 105,000,000 JPMorgan Chase Bank N.A. 3,378,337 JPMorgan Chase Bank N.A. 927,801 JPMorgan Chase Bank N.A. 575,828 E. Unsecured Priority Claims 0 F. Unsecured Non-Priority Claims JPMorgan Chase Bank N.A. unknown BNY Midwest Trust Company 500,000,000 BNY Midwest Trust Company 400,900,000 BNY Midwest Trust Company 20,739,764 BNY Midwest Trust Company 13,429,629 ------------ TOTAL SCHEDULED LIABILITIES $935,069,393 ============ Headquartered in Troy, Michigan, Collins & Aikman Corporation -- http://www.collinsaikman.com/-- is a global leader in cockpit modules and automotive floor and acoustic systems and is a leading supplier of instrument panels, automotive fabric, plastic-based trim, and convertible top systems. The Company has a workforce of approximately 23,000 and a network of more than 100 technical centers, sales offices and manufacturing sites in 17 countries throughout the world. The Company and its debtor-affiliates filed for chapter 11 protection on May 17, 2005 (Bankr. E.D. Mich. Case No. 05-55927). When the Debtors filed for protection from their creditors, they listed $3,196,700,000 in total assets and $2,856,600,000 in total debts. (Collins & Aikman Bankruptcy News, Issue No. 12; Bankruptcy Creditors' Service, Inc., 215/945-7000) COLLINS & AIKMAN: Asia's Schedules of Assets & Debts ---------------------------------------------------- A. Real Property $0 B. Personal Property B.1 Cash on Hand 1,266 B.2 Bank Account 113,437 B.3 Security Deposits NTT Telephone Services UFJ Sogoh Kanri K.K. 261 Car Package Deposit B.9 Insurance Policy Interests unknown B.12 Stock Interests unknown B.17 Other Liquidated Debts C&A Asia (Eng & Des) 113,905 C&A Asia (Prepaids-Textron) 1,424 C&A Asia (VAT-Kanagawa) 4,982 B.26 Office Equipment Computer Equipment (Japan Plant) Furniture & Fixtures (Japan Plant) Software (Japan Plant) B.33 Others 22,043 -------- TOTAL SCHEDULED ASSETS $309,264 ======== C. Property Claimed as Exempt Not applicable D. Secured Claims JPMorgan Chase Bank NA $105,000,000 JPMorgan Chase Bank NA 108,800,000 JPMorgan Chase Bank NA 473,000,000 JPMorgan Chase Bank NA 3,378,337 JPMorgan Chase Bank NA 927,801 JPMorgan Chase Bank NA 575,828 E. Unsecured Priority Claims 0 F. Unsecured Non-Priority Claims C&A Automotive Exteriors, Inc. 151,032 C&A Products Co. 707,619 JPMorgan Chase Bank N.A. unknown BNY Midwest Trust Company 500,000,000 BNY Midwest Trust Company 400,900,000 BNY Midwest Trust Company 20,739,764 BNY Midwest Trust Company 13,429,629 -------------- TOTAL SCHEDULED LIABILITIES $1,627,610,010 ============== Headquartered in Troy, Michigan, Collins & Aikman Corporation -- http://www.collinsaikman.com/-- is a global leader in cockpit modules and automotive floor and acoustic systems and is a leading supplier of instrument panels, automotive fabric, plastic-based trim, and convertible top systems. The Company has a workforce of approximately 23,000 and a network of more than 100 technical centers, sales offices and manufacturing sites in 17 countries throughout the world. The Company and its debtor-affiliates filed for chapter 11 protection on May 17, 2005 (Bankr. E.D. Mich. Case No. 05-55927). When the Debtors filed for protection from their creditors, they listed $3,196,700,000 in total assets and $2,856,600,000 in total debts. (Collins & Aikman Bankruptcy News, Issue No. 12; Bankruptcy Creditors' Service, Inc., 215/945-7000) COLLINS & AIKMAN: Becker Group's Schedules of Assets & Debts ------------------------------------------------------------ A. Real Property $0 B. Personal Property B.1 Cash on Hand 2,050 B.2 Bank Account 21,602 B.3 Security Deposits 60,246 B.9 Insurance Policy Interests unknown B.12 Stock Interests unknown B.13 Interests in Partnership and Joint Ventures 2,221,465 B.15 Accounts Receivable C&A Auto Holding GmbH (Germany) 6,760 C&A Automotive Canada Co. 1,525,252 C&A Automotive Exteriors, Inc. 204,393,722 C&A Automotive Systems AB 287,700 C&A Carpet & Acoustics (TN) Inc. 1,072,091 C&A Mobis, LLC 199,465 Carcorp, Inc. 14,806,715 Owosso Thermal Forming, LLC 27,978 Textron Sa de CV (Mex) 3,600 B.26 Office Equipment Havre De Grace Furniture 59,885 Nashville Furniture & Fixtures 17,665 Becker Tool Office Furniture & Fixtures 52,562 B.27 Machinery O'Fallon Machinery & Equipment 474,178 Havre De Grace Machinery & Equipment 7,038,851 Nashville Machinery & Equipment 5,069,203 Becker Tool Machinery & Equipment 4,460,994 B.28 Inventory Havre de Grace Chemicals 50,203 Havre de Grace Chemicals Injection Mold 156,073 Havre de Grace Finished Goods 929,466 Nashville Finished Goods 477,260 Havre de Grace Hardware 43,503 Havre de Grace Raw Material 180,539 Nashville Raw Material 2,946,067 Havre de Grace WIP 1,215 Nashville WIP (340,494) B.33 Others Other long-term assets O'Fallon 483,687 Havre de Grace Prepaid property tax 80,279 Havre de Grace Contract Settlement 70,713 Nashville Buildings 766,039 Havre de Grace Buildings 1,940,345 Tooling 22,044,576 Prepaid Expenses 1,412,669 Other Assets 9,138,670 ------------ TOTAL SCHEDULED ASSETS $282,182,797 ============ C. Property Claimed as Exempt Not applicable D. Secured Claims JPMorgan Chase Bank NA $105,000,000 JPMorgan Chase Bank NA 108,800,000 JPMorgan Chase Bank NA 473,000,000 JPMorgan Chase Bank NA 3,378,337 JPMorgan Chase Bank NA 927,801 JPMorgan Chase Bank NA 575,828 E. Unsecured Priority Claims 0 F. Unsecured Non-Priority Claims BNY Midwest Trust Company 500,000,000 BNY Midwest Trust Company 400,900,000 BNY Midwest Trust Company 20,739,764 BNY Midwest Trust Company 13,429,629 C&A Products Co. 254,737,442 C&A Plastics, Inc. 91,255,613 C&A Automotive Interiors, Inc. 5,371,947 C&A Intellimold, Inc. 168,433 JPMorgan Chase Bank unknown JPS Automotive, Inc. 5,371,947 Others 1,5318,044 -------------- TOTAL SCHEDULED LIABILITIES $1,307,292,819 ============== Headquartered in Troy, Michigan, Collins & Aikman Corporation -- http://www.collinsaikman.com/-- is a global leader in cockpit modules and automotive floor and acoustic systems and is a leading supplier of instrument panels, automotive fabric, plastic-based trim, and convertible top systems. The Company has a workforce of approximately 23,000 and a network of more than 100 technical centers, sales offices and manufacturing sites in 17 countries throughout the world. The Company and its debtor-affiliates filed for chapter 11 protection on May 17, 2005 (Bankr. E.D. Mich. Case No. 05-55927). When the Debtors filed for protection from their creditors, they listed $3,196,700,000 in total assets and $2,856,600,000 in total debts. (Collins & Aikman Bankruptcy News, Issue No. 12; Bankruptcy Creditors' Service, Inc., 215/945-7000) COLLINS & AIKMAN: Brut Plastics' Schedules of Assets & Debts ------------------------------------------------------------ A. Real Property $0 B. Personal Property B.9 Insurance Policy Interests unknown B.12 Stock Interests unknown ------- TOTAL SCHEDULED ASSETS $0 ======= C. Property Claimed as Exempt Not applicable D. Secured Claims Caterpillar Financial Services Corp. unknown Comerica Bank unknown JPMorgan Chase Bank N.A. $473,000,000 JPMorgan Chase Bank N.A. 108,800,000 JPMorgan Chase Bank N.A. 105,000,000 JPMorgan Chase Bank N.A. 3,378,337 JPMorgan Chase Bank N.A. 927,801 JPMorgan Chase Bank N.A. 575,828 E. Unsecured Priority Claims 0 F. Unsecured Non-Priority Claims BNY Midwest Trust Company 500,000,000 BNY Midwest Trust Company 20,739,764 BNY Midwest Trust Company 400,900,000 BNY Midwest Trust Company 13,429,629 JPMorgan Chase Bank N.A. unknown ------------ TOTAL SCHEDULED LIABILITIES $935,069,393 ============ Headquartered in Troy, Michigan, Collins & Aikman Corporation -- http://www.collinsaikman.com/-- is a global leader in cockpit modules and automotive floor and acoustic systems and is a leading supplier of instrument panels, automotive fabric, plastic-based trim, and convertible top systems. The Company has a workforce of approximately 23,000 and a network of more than 100 technical centers, sales offices and manufacturing sites in 17 countries throughout the world. The Company and its debtor-affiliates filed for chapter 11 protection on May 17, 2005 (Bankr. E.D. Mich. Case No. 05-55927). When the Debtors filed for protection from their creditors, they listed $3,196,700,000 in total assets and $2,856,600,000 in total debts. (Collins & Aikman Bankruptcy News, Issue No. 12; Bankruptcy Creditors' Service, Inc., 215/945-7000) COLLINS & AIKMAN: Fabrics' Schedules of Assets & Debts ------------------------------------------------------ A. Real Property $0 B. Personal Property B.1 Cash on Hand 6,800 B.2 Bank Account 6,000 B.3 Security Deposits ADT 1,525 BB&T Factors Corp. 440 Brenntag Southeast 12,374 CFS Enterprise 806 Chemical Sales 2,000 Davis Enterprises 7,500 Instron 230 O'Mara unknown O'Mara % Wachovia 294 Southern Yarn Dyers 50 Yarn Samples 215,955 Yarn Samples 172,566 Yarn Samples 18,264 B.9 Insurance Policy Interests unknown B.12 Stock Interests unknown B.15 Accounts Receivable C&A Accessory Mats, Inc. 126,499,071 C&A Automotive Exteriors, Inc. 7,750 C&A Automotive Interiors, Inc. 2,997,196 C&A Carpet & Acoustics (TN), Inc. 26,342 C&A Holdings SA de CV (Mex) 35,900 C&A Plastics, Inc. 841,712 Carcorp, Inc. 3,837,118 Dura Convertible Systems, Inc. 41,349 JPS Automotive, Inc. 1,466,729 Owosso Thermal Forming LLC 640 Southwest Laminates, Inc. 88,478,872 B.26 Office Equipment Farmville Furniture & Fixtures 187,623 Farmville Software 10,469 Lowell Office Furniture & Fixtures 28,623 Roxboro Furniture & Fixtures 545,361 Roxboro Software 10,460 B.27 Machinery Farmville Machinery & Equipment 14,513,128 Farmville Computer Equipment 258,495 Farmville Construction in Progress 1,620,698 Lowell Machinery & Equipment 1,484,799 Lowell Construction in Progress 291,782 Roxboro Machinery & Equipment 22,313,644 Roxboro Large Computer Equipment 213,045 Roxboro Small Computer Equipment 77,343 Roxboro Construction in Progress 137,065 B.28 Inventory Farmville Finished Goods 2,991,159 Farmville Raw Materials 5,613,891 Farmville Work In Process 1,471,739 Lowell Finished Yarn 108,959 Lowell Raw Yarn, Dyes & Chemicals 351,041 Lowell Work In Process 879,224 Roxboro Finished Goods 4,061,411 Roxboro Raw Materials 6,509,953 Roxboro Work In Process 668,514 Various Other Inventory 1,194,308 B.33 Others Farmville Leasehold Improvements & Others 321,127 Lowell Gain/Loss Sale Leaseback 28,945 Lowell Lease Improvements-Building 1,555,282 Lowell Other Intangibles 209,524 Roxboro Lease Hold Improvements 1,104,583 Roxboro Loss on Sale Leaseback 5,574,322 Various Other Assets 3,626,665 ------------ TOTAL SCHEDULED ASSETS $302,640,664 ============ C. Property Claimed as Exempt Not applicable D. Secured Claims Carcorp, Inc. unknown Fleet National Bank unknown General Electric Capital Corporation unknown Joan Fabrics Corporation unknown JPMorgan Chase Bank unknown JPMorgan Chase Bank N.A. $473,000,000 JPMorgan Chase Bank N.A. 105,000,000 JPMorgan Chase Bank N.A. 108,800,000 JPMorgan Chase Bank N.A. 3,378,337 JPMorgan Chase Bank N.A. 927,801 JPMorgan Chase Bank N.A. 575,828 The Chase Manhattan Bank unknown E. Unsecured Priority Claims 0 F. Unsecured Non-Priority Claims BNY Midwest Trust Company 500,000,000 BNY Midwest Trust Company 400,900,000 BNY Midwest Trust Company 20,739,764 BNY Midwest Trust Company 13,429,629 C&A Products Co. 370,075,164 Carpet & Acoustics SA de CV 1,456,223 UNIFI, Inc. 6,628,187 Others 8,162,921 -------------- TOTAL SCHEDULED LIABILITIES $1,321,391,888 ============== Headquartered in Troy, Michigan, Collins & Aikman Corporation -- http://www.collinsaikman.com/-- is a global leader in cockpit modules and automotive floor and acoustic systems and is a leading supplier of instrument panels, automotive fabric, plastic-based trim, and convertible top systems. The Company has a workforce of approximately 23,000 and a network of more than 100 technical centers, sales offices and manufacturing sites in 17 countries throughout the world. The Company and its debtor-affiliates filed for chapter 11 protection on May 17, 2005 (Bankr. E.D. Mich. Case No. 05-55927). When the Debtors filed for protection from their creditors, they listed $3,196,700,000 in total assets and $2,856,600,000 in total debts. (Collins & Aikman Bankruptcy News, Issue No. 12; Bankruptcy Creditors' Service, Inc., 215/945-7000) COLLINS & AIKMAN: Gibraltar's Schedules of Assets & Debts --------------------------------------------------------- A. Real Property $0 B. Personal Property B.1 Cash on Hand 9,933 B.12 Stock Interests 120,948,761 B.15 Accounts Receivable 41,630,781 ------------ TOTAL SCHEDULED ASSETS $162,589,475 ============ C. Property Claimed as Exempt Not applicable D. Secured Claims JPMorgan Chase Bank N.A. $473,000,000 JPMorgan Chase Bank N.A. 108,800,000 JPMorgan Chase Bank N.A. 105,000,000 JPMorgan Chase Bank N.A. 3,378,337 JPMorgan Chase Bank N.A. 927,801 JPMorgan Chase Bank N.A. 575,828 JPMorgan Chase Bank unknown E. Unsecured Priority Claims 0 F. Unsecured Non-Priority Claims Accrued Foreign Taxes Payable 18,853 BNY Midwest Trust Company 500,000,000 BNY Midwest Trust Company 400,900,000 BNY Midwest Trust Company 20,739,764 BNY Midwest Trust Company 13,429,629 C&A Europe, Inc. 41,558,380 C&A Luxembourg SA (LUXCO2) 16,318 C&A Products Co. 23,351 JPMorgan Chase Bank N.A. unknown -------------- TOTAL SCHEDULED LIABILITIES $1,668,368,261 ============== Headquartered in Troy, Michigan, Collins & Aikman Corporation -- http://www.collinsaikman.com/-- is a global leader in cockpit modules and automotive floor and acoustic systems and is a leading supplier of instrument panels, automotive fabric, plastic-based trim, and convertible top systems. The Company has a workforce of approximately 23,000 and a network of more than 100 technical centers, sales offices and manufacturing sites in 17 countries throughout the world. The Company and its debtor-affiliates filed for chapter 11 protection on May 17, 2005 (Bankr. E.D. Mich. Case No. 05-55927). When the Debtors filed for protection from their creditors, they listed $3,196,700,000 in total assets and $2,856,600,000 in total debts. (Collins & Aikman Bankruptcy News, Issue No. 12; Bankruptcy Creditors' Service, Inc., 215/945-7000) FOOTSTAR INC: Earns $800,000 of Net Income in July 2005 ------------------------------------------------------- On Aug. 17, 2005, Footstar, Inc., and its debtor-affiliates filed their monthly operating report for the period from July 3, 2005, to July 30, 2005, with the U.S. Bankruptcy Court for the Southern District of New York. The Debtors reported an $800,000 net income on $48,400,000 of net sales for the period from July 3, 2005, to July 30, 2005. The Debtors also reported a cumulative net loss of $41,000,000 on $1,111,900,000 of net sales from March 3, 2004, through July 30, 2005. At July 30, 2005, Footstar, Inc.'s consolidated balance sheet showed: Total Current Assets $369,200,000 Total Assets 413,200,000 Current Liabilities Subject to Compromise 176,700,000 Total Liabilities 349,100,000 Total Shareholders' Equity $64,100,000 A full-text copy of Footstar, Inc.'s Monthly Operating Report for the period from July 3, 2005, to July 30, 2005, is available at no charge at: http://ResearchArchives.com/t/s?e8 Headquartered in West Nyack, New York, Footstar Inc., retails family and athletic footwear. As of August 28, 2004, the Company operated 2,373 Meldisco licensed footwear departments nationwide in Kmart, Rite Aid and Federated Department Stores. The Company also distributes its own Thom McAn brand of quality leather footwear through Kmart, Wal-Mart and Shoe Zone stores. The Company and its debtor-affiliates filed for chapter 11 protection on March 3, 2004 (Bankr. S.D.N.Y. Case No. 04-22350). Paul M. Basta, Esq., at Weil Gotshal & Manges represents the Debtors in their restructuring efforts. When the Debtor filed for chapter 11 protection, it listed $762,500,000 in total assets and $302,200,000 in total debts. INTERSTATE BAKERIES: Posts $9MM Net Loss for Period Ended June 25 ----------------------------------------------------------------- Interstate Bakeries Corporation and Subsidiaries Unaudited Consolidated Monthly Operating Report Four Weeks Ended June 25, 2005 REVENUE Gross Income $254,370,698 Less Cost of Goods Sold Ingredients, Packaging, & Outside Purchasing 60,049,610 Direct & Indirect Labor 48,212,623 Overhead & Production Administration 11,483,834 ------------ Total Cost of Goods Sold 119,746,067 ------------ Gross Profit $134,624,631 ------------ OPERATING EXPENSES Owner-Draws/Salaries - Selling & Delivery Employee Salaries $61,227,033 Advertising and Marketing 2,084,654 Insurance (Property, Casualty, & Medical) 13,724,510 Payroll Taxes 5,204,683 Lease and Rent 4,388,570 Telephone and Utilities 1,084,501 Corporate Expense (Including Salaries) 8,978,300 Other Expenses 27,448,595 ------------ Total Operating Expenses $124,140,845 ------------ EBITDA $10,483,786 Restructuring & Reorganization Charges 14,068,311 Depreciation and Amortization 5,991,881 Other Income (1,940) Gain/Loss Sale of Property - Interest Expense 3,433,545 ------------ Operating Income (Loss) (13,008,011) Income Tax Expense (Benefit) (3,951,944) ------------ Net Income (Loss) ($9,056,067) ============ CURRENT ASSETS Accounts Receivable at end of period $169,245,808 Increase (Decrease) in Accounts Receivable (9,306,264) Inventory at end of period 70,058,447 Increase (Decrease) in Inventory for period (138,307) Cash at end of period 149,367,184 Increase (Decrease) in Cash for period 13,779,548 LIABILITIES Increase (Decrease) in Liabilities Not Subject to Compromise 6,107,624 Increase (Decrease) in Liabilities Subject to Compromise 185,054 Taxes payable: Federal Payroll Taxes 11,591,931 State/Local Payroll Taxes 3,955,233 State Sales Taxes 949,318 Real Estate and Personal Property Taxes 16,094,163 Other 5,337,757 ------------ Total Taxes Payable $37,928,403 ============ The Company and seven of its debtor-affiliates filed for chapter 11 protection on September 22, 2004 (Bankr. W.D. Mo. Case No. 04-45814). J. Eric Ivester, Esq., and Samuel S. Ory, Esq., at Skadden, Arps, Slate, Meagher & Flom LLP, represent the Debtors in their restructuring efforts. When the Debtors filed for protection from their creditors, they listed $1,626,425,000 in total assets and $1,321,713,000 (excluding the $100,000,000 issue of 6.0% senior subordinated convertible notes due August 15, 2014, on August 12, 2004) in total debts. (Interstate Bakeries Bankruptcy News, Issue No. 25; Bankruptcy Creditors' Service, Inc., 215/945-7000) KEYSTONE CONSOLIDATED: Earns $4.7 Mil. of Net Income in June 2005 ----------------------------------------------------------------- On Aug. 15, 2005, Keystone Consolidated Industries, Inc., and its debtor-affiliates filed their monthly operating report for the month of July 2005 with the U.S. Bankruptcy Court for the Eastern District of Wisconsin. Keystone Consolidated reported a $4,692,372 net income on $29,440,244 of net sales in July 2005. At July 31, 2005, Keystone Consolidated's balance sheet shows: Current Assets $71,790,505 Total Assets 307,287,228 Current Liabilities 154,218,108 Total Liabilities 338,083,101 Stockholders' Deficit $(32,907,873) A full-text copy of Keystone Consolidated Industries' July 2005 Monthly Operating Report is available at no charge at: http://ResearchArchives.com/t/s?e4 Headquartered in Dallas, Texas, Keystone Consolidated Industries, Inc., makes carbon steel rod, fabricated wire products, including fencing, barbed wire, welded wire and woven wire mesh for the agricultural, construction and do-it-yourself markets. The Company filed for chapter 11 protection on Feb. 26, 2004, (Bankr. E.D. Wisc. Case No. 04-22422). Daryl L. Diesing, Esq., at Whyte Hirschboeck Dudek S.C., and David L. Eaton, Esq., at Kirkland & Ellis LLP, represent the Debtors in their restructuring efforts. When the Company filed for protection from their creditors, it listed $196,953,000 in total assets and $365,312,000 in total debts. MIIX GROUP: Posts $367,178 Cumulative Net Loss in June 2005 ----------------------------------------------------------- On July 25, 2005, The MIIX Group, Inc., and its debtor-affiliate, New Jersey State Medical Underwriters, Inc., filed their monthly operating reports for the period from June 1, 2005, to June 30, 2005, with the U.S. Bankruptcy Court for the District of Delaware. MIIX Group reports a cumulative net loss of $367,178 on $8,293 of total revenue for the period from Dec. 21, 2004 thru June 30, 2005. New Jersey State Medical Underwriters, Inc., reports a cumulative net loss of $374,402 on $2,810,965 of total revenue for the period from Dec. 21, 2004, thru June 30, 2005. At June 30, 2005, The MIIX Group's and New Jersey State Medical Underwriters, Inc.'s balance sheets reflect: New Jersey State Medical The MIIX Group Underwriters, Inc. -------------- ------------------ Total Assets $8,448,041 $13,907,139 Total Liabilities 8,937,488 6,231,194 Stockholders' Equity ($489,447) $7,675,945 A full-text copy of MIIX Group and New Jersey State Medical Underwriters, Inc.'s monthly operating reports for the period from June 1, 2005 to June 30, 2005, is available at no charge at: http://ResearchArchives.com/t/s?d0 Headquartered in Lawrenceville, New Jersey, The MIIX Group, Inc. - - http://www.miix.com/-- provides management services to medical malpractice insurance companies. The Company along with its debtor-affiliate filed for chapter 11 protection on Dec. 20, 2004 (Bankr. D. Del. Case No. 04-13588). Andrew J. Flame, Esq., at Drinker Biddle & Reath LLP represents the Debtors in their restructuring efforts. When the Debtors filed for protection from their creditors, they estimated assets between $10 million and $50 million and debts between $10 million and $50 million. SONICBLUE INC: Files June 2005 Monthly Operating Report ------------------------------------------------------- At June 30, 2005, SONICblue Incorporated reports that it is sitting on $78,586,731 of cash, has accrued $720,386 in postpetition liabilities and faces a $236,604,166 mountain of prepetition debts. A full-text copy of SONICblue Inc.'s June 2005 Operating Report is available at no charge at http://ResearchArchives.com/t/s?ec Headquartered in Santa Clara, California, SONICblue Incorporated is involved in the converging Internet, digital media, entertainment and consumer electronics markets. The Company, together with three of its wholly owned subsidiaries, Diamond Multimedia Systems, Inc., ReplayTV, Inc., and Sensory Science Corporation, filed voluntary petitions for bankruptcy under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Northern District of California, San Jose Division (Case No. 03-51775). SOUTHERN INVESTORS: Posts $25,644 Net Loss for July 2005 -------------------------------------------------------- On Aug. 15, 2005, Southern Investors Service Company, Inc., filed its monthly operating report for July 2005 with the U.S. Bankruptcy Court for Southern District of Texas. Southern Investors reports a net loss of $25,644 on $0 revenues for the month of July 2005. At July 31, 2005, Southern Investors' balance sheet reflects: Current Assets $2,707,254 Total Assets 2,707,254 Post-Petition Liabilities 58,505 Pre-Petition Liabilities 8,636,056 Total Liabilities 8,694,561 Total Owner's Equity Deficit ($5,987,307) A full-text copy of Southern Investors' monthly operating report for the month of July 2005 is available at no charge at: http://ResearchArchives.com/t/s?ea Headquartered in Houston, Texas, Southern Investors Service Company, Inc., manages residential developments and office buildings that are owned by others. The Company filed for chapter 11 protection on April 8, 2005. (Bankr. S.D. Tx. Case No. 05- 35538). Basil A. Umari, Esq. of Andrews & Kurth LLP, represents the Debtors in their restructuring efforts. When the Debtors filed for protection from their creditors, they reported assets of $2,377,000 and Debts totaling $8,607,000. TRINITY ENERGY: Earns $4,403 of Net Income in June 2005 ------------------------------------------------------- On July 21, 2005, Trinity Energy Resources, Inc., filed its monthly operating report for the month ended June 2005 with the United States Bankruptcy Court for the Southern District of Texas, Houston Division. Trinity Energy reported a $4,403 net income on $12,536 revenues for the month from June 1, 2005, to June 30, 2005. At June 30, 2005, Trinity Energy's balance sheet showed: Total Current Assets $654,245 Total Assets 1,478,567 Total Liabilities 1,880,944 Total Owner's Equity Deficit ($402,377) A full-text copy of Trinity Energy's June 2005 monthly operating report is available at no charge at: http://ResearchArchives.com/t/s?d8 Headquartered in Houston, Texas, Trinity Energy Resources, Inc., develops and operates proven oil and gas reserves in the Rocky Mountains, Texas, and Louisiana, with international interests in the African Republic of Chad. The Company filed for chapter 11 protection on Jan. 31, 2003 (Bankr. S.D. Tex. Case No. 03-31453). John William Mahoney, Esq., at Williams Birnberg & Andersen represents the Debtor in its restructuring efforts. When the Debtor filed for protection from its creditors, it listed $1,009,626 in total assets and $1,619,031 in total debts as of Sept. 30, 2002. On April 23, 2003, the Bankruptcy Court appointed Elizabeth M. Guffy as the Debtor's Chapter 11 Trustee. WINSTAR COMMS: Posts $12,605 Net Loss in May 2005 ------------------------------------------------- Winstar Communications, Inc. Balance Sheet As of May 31, 2005 ASSETS Unrestricted Cash and Equivalents $25,162,419 Restricted Cash and Cash Equivalents - Accounts Receivable (Net) - Notes Receivable - Inventories - Prepaid Expenses - Professional Retainers - Other Current Assets - ------------ Total Current Assets 25,162,419 ------------ Real Property and Improvements Machinery & Equipment - Furniture, Fixtures & Office Equipment - Leasehold Improvements - Vehicles - Less: Accumulated Depreciation - ------------ Total Property & Equipment - ------------ Loans to Insiders Other Assets - ------------ Total Other Assets - ------------ TOTAL ASSETS $25,162,419 ============ LIABILITIES & SHAREHOLDERS' EQUITY Accounts Payable - Taxes Payable - Wages Payable - Notes Payable - Rent/Leases - Building/Equipment - Secured Debt/Adequate Projection Payments - Professional Fees - Amounts Due to Insiders - Other Post Conversion Liabilities - ------------ Total Post Conversion Liabilities - ------------ Secured Debt - Priority Debt - Unsecured Debt - ------------ Total Pre-Conversion Liabilities - ------------ Owners' Equity Capital Stock - Additional Paid In Capital - Partners' Capital Account - Owners' Equity Account $57,559,619 Retained Earnings - Pre-Conversion - Retained Earnings - Post-Conversion (32,397,199) Adjustments to Owner Equity - Post Conversion Contributions (Distributions) (Draws) - ------------ Net Owners' Equity 25,162,419 ------------ TOTAL LIABILITIES & OWNERS' EQUITY $25,162,419 ============ Winstar Communications, Inc. Statement of Operations For the Month Ended May 31, 2005 Gross Revenues - Les: Returns and Allowances - ------------ Net Revenue - Beginning Inventory - Add: Purchases - Add: Cost of Labor - Add: Other Costs - Less: Ending Inventory - Cost of Goods Sold - ------------ Gross Profit - Advertising - Auto and Truck Expense - Bad Debts - Contributions - Employee Benefits Program - Insider Compensation - Insurance - Management Fees/Bonuses - Office Expense - Payroll - Pension & Profit-Sharing Plan - Postage - Repairs and Maintenance - Rent and Lease Expenses - Salaries/Commissions/Fees - Supplies - Taxes - Payroll - Taxes - Real Estate - Taxes - Other - Travel and Entertainment - Utilities - Other - Total Operating Expenses before Depreciation - Depreciation/Depletion/Amortization - ------------ Net Profit (Loss) before other income and expenses - Other Income $42,494 Worker's Comp Refund - Tax Refund - Leasehold Buyback - Interest Expense - Other Expense 145 Pmt from Sale of Assets - Tera - Compensation as Director per Court Order - Payment per Stipulation - Pmt from Sale of Assets - American Communications - Return of DIP Loan Disbursement - Pmt from Sale of Del Telecom International Stock - Pmt per NW Nexus Sale Order - Pmt per 1/7 Order and APA Agreement - Payment per 2/10/03 Court Order - Pmt PTO Employment Contract - Turnover of Funds to IDT - Turnover of Bank Account - Insurance Expense 404 Reimbursement of Expenses 1,806 Payroll 17,744 Sale of Assets - ------------ Net Profit (Loss) before reorganization Items 22,395 Professional Fees - U.S. Trustee Quarterly Fees - Interest Earned on Accumulated Cash from Chapter 11 - Gain (Loss) from Sale of Equipment - Other Reorganization Expenses 35,000 ------------ Total Reorganization Expenses 35,000 Income Taxes - ------------ Net Profit (Loss) ($12,605) ============ No Statement of Cash Receipts and Disbursements in the May 2005 Operating Report. Headquartered in New York, New York, Winstar Communications, Inc., provides broadband services to business customers. The Company and its debtor-affiliates filed for chapter 11 protection on April 18, 2001 (Bankr. D. Del. Case Nos. 01-01430 through 01-01462). The Debtors obtained the Court's approval converting their case to a chapter 7 liquidation proceeding in January 2002. Christine C. Shubert serves as the Debtors' chapter 7 trustee. When the Debtors filed for bankruptcy, they listed $4,975,437,068 in total assets and $4,994,467,530 in total debts. (Winstar Bankruptcy News, Issue No. 69; Bankruptcy Creditors' Service, Inc., 215/945-7000) WINSTAR COMMS: Posts $4,571 Net Loss in June 2005 ------------------------------------------------- Winstar Communications, Inc. Balance Sheet As of June 30, 2005 ASSETS Unrestricted Cash and Equivalents $25,157,849 Restricted Cash and Cash Equivalents - Accounts Receivable (Net) - Notes Receivable - Inventories - Prepaid Expenses - Professional Retainers - Other Current Assets - ------------ Total Current Assets 25,157,849 ------------ Real Property and Improvements Machinery & Equipment - Furniture, Fixtures & Office Equipment - Leasehold Improvements - Vehicles - Less: Accumulated Depreciation - ------------ Total Property & Equipment - ------------ Loans to Insiders Other Assets - ------------ Total Other Assets - ------------ TOTAL ASSETS $25,157,849 ============ LIABILITIES & SHAREHOLDER'S EQUITY Accounts Payable - Taxes Payable - Wages Payable - Notes Payable - Rent/Leases - Building/Equipment - Secured Debt/Adequate Projection Payments - Professional Fees - Amounts Due to Insiders - Other Post Conversion Liabilities - ------------ Total Post Conversion Liabilities - ------------ Secured Debt - Priority Debt - Unsecured Debt - ------------ Total Pre-Conversion Liabilities - ------------ Owners' Equity Capital Stock - Additional Paid In Capital - Partners' Capital Account - Owners' Equity Account $57,559,619 Retained Earnings - Pre-Conversion - Retained Earnings - Post-Conversion (32,401,770) Adjustments to Owner Equity - Post Conversion Contributions (Distributions) (Draws) - ------------ Net Owners' Equity 25,157,849 ------------ TOTAL LIABILITIES & SHAREHOLDER'S EQUITY $25,157,849 ============ Winstar Communications, Inc. Statement of Operations For the Month Ended June 30, 2005 Gross Revenues - Les: Returns and Allowances - ------------ Net Revenue - Beginning Inventory - Add: Purchases - Add: Cost of Labor - Add: Other Costs - Less: Ending Inventory - Cost of Goods Sold - ------------ Gross Profit - Advertising - Auto and Truck Expense - Bad Debts - Contributions - Employee Benefits Program - Insider Compensation - Insurance - Management Fees/Bonuses - Office Expense - Payroll - Pension & Profit-Sharing Plan - Postage - Repairs and Maintenance - Rent and Lease Expenses - Salaries/Commissions/Fees - Supplies - Taxes - Payroll - Taxes - Real Estate - Taxes - Other - Travel and Entertainment - Utilities - Other - Total Operating Expenses before Depreciation - Depreciation/Depletion/Amortization - ------------ Net Profit (Loss) before other income and expenses - Other Income $15,093 Worker's Comp Refund - Tax Refund - Leasehold Buyback - Interest Expense - Other Expense 1,465 Pmt from Sale of Assets - Tera - Compensation as Director per Court Order - Payment per Stipulation - Pmt from Sale of Assets - American Communications - Return of DIP Loan Disbursement - Pmt from Sale of Del Telecom International Stock - Pmt per NW Nexus Sale Order - Pmt per 1/7 Order and APA Agreement - Payment per 2/10/03 Court Order - Pmt PTO Employment Contract - Turnover of Funds to IDT - Turnover of Bank Account - Insurance Expense - Reimbursement of Expenses 1,206 Payroll 16,993 Sale of Assets - ------------ Net Profit (Loss) before reorganization Items (4,571) Professional Fees - U.S. Trustee Quarterly Fees - Interest Earned on Accumulated Cash from Chapter 11 - Gain (Loss) from Sale of Equipment - Other Reorganization Expenses - Total Reorganization Expenses - Income Taxes - ------------ Net Profit (Loss) ($4,571) ============ Winstar Communications, Inc. Cash Receipts and Disbursements For the Month Ended June 30, 2005 Cash Beginning of Month $25,162,419 Receipts: Cash Sales - Accounts Receivable - Return of DIP Loan Disbursement - Holding Funds - Insurance Refund/Dividend - Final Settlement - Liquidation of Wells Fargo Acct. - Liquidation of Fleet Account per stipulation - Transfer from AON - Leasehold Buyback - Closing of Bank Account - Pmt from Sale of Assets - Tera - Pmt from Sale of Assets - American Communications - Pmt from Sale of Del Telecom International Stock - Transfers - Claim Settlement - Refund of Overpayment - Tax Refund - Worker's Comp Refund - Collection on Preferences - Due to Buyer - Turnover of Bank Account - Reimbursement - Moving Expenses - Refund of Health Insurance Premium - Interest 15,093 Wire into Account from Hartford Insurance Co. - Recovery of Refund - Fireman's Fund Insurance Co. - Payment from Sales of Assets - ------------ Total Receipts $15,093 Disbursements: Employee Benefits - Net Payroll 16,993 Payroll Taxes - Sales, Use, & Other Taxes - Chapter 11 Quarterly Fees - Chapter 11 Administrative Claims - Insurance - Additional Payment of Funds - CTG Revised Acctg - Pmt per NW Nexus Sale Order - Pmt per 1/7 and APA Agreement - Advertising Fees - License Fees - Legal Fees per Court Order - Administrative 145 Telephone - Compensation as Director per Count Order - Distribution per Orders of 12/12/02 - Payment per 2/10/03 Court Order - Pmt PTO Employment Contract - Owner Draw - Reimbursement of Check from SF Interactive - Reimbursement of Expenses 1,206 Reimbursement of Expenses per Order of 5/13/03 - Turnover of Funds in IDT - Trustee Bond - Professional Fees - Trustee Expense - Trustee Commission - Bankruptcy Service Payments - Rent - Moving Expenses - Payment Per Stipulation Distribution Per Orders of 12/12/02 - Payment of Carve Out per order of 12/11/02 - Payment per stipulation and order of 4/15/03 - per carve out - Per order of 4/15/03 - payment of Chapter 11 Carve out - Pmt per order of 4/15/03 - pmt of Carve out Chapter 11 fees - Attorney's Fees for Counsel for Trustee 1,320 Accounting Fees for acct. for Chapter 7 Trustee - Tax Consultant Fees - Payment - Summary Judgment - Payment of Claims - ------------ Total Disbursements 19,663 ------------ Net Cash Flow (4,571) ------------ Cash - End of Month $25,157,849 ============ Headquartered in New York, New York, Winstar Communications, Inc., provides broadband services to business customers. The Company and its debtor-affiliates filed for chapter 11 protection on April 18, 2001 (Bankr. D. Del. Case Nos. 01-01430 through 01-01462). The Debtors obtained the Court's approval converting their case to a chapter 7 liquidation proceeding in January 2002. Christine C. Shubert serves as the Debtors' chapter 7 trustee. When the Debtors filed for bankruptcy, they listed $4,975,437,068 in total assets and $4,994,467,530 in total debts. (Winstar Bankruptcy News, Issue No. 69; Bankruptcy Creditors' Service, Inc., 215/945-7000) ********* Monday's edition of the TCR delivers a list of indicative prices for bond issues that reportedly trade well below par. Prices are obtained by TCR editors from a variety of outside sources during the prior week we think are reliable. Those sources may not, however, be complete or accurate. The Monday Bond Pricing table is compiled on the Friday prior to publication. Prices reported are not intended to reflect actual trades. 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