TCR_Public/060527.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, May 27, 2006, Vol. 10, No. 125

                             Headlines

ALLIED HOLDINGS: Posts $416,000 Net Loss in March 2006
CALPINE CORP: Files Amended Schedules of Assets and Liabilities
CALPINE CORP: Baytown Power Files Schedules of Assets and Debts
CALPINE CORP: Calgen Expansion Files Schedules of Assets and Debts
CALPINE CORP: Calgen Finance Files Schedules of Assets and Debts

CALPINE CORPORATION: Calpine Construction Files Schedules
CALPINE CORP: Calpine Operating Files Schedules of Assets & Debts
CALPINE CORP: CPE Finance Files Schedules of Assets & Liabilities
CALPINE CORP: 85 Debtors File Schedules of Assets & Liabilities
COLLINS & AIKMAN: Posts $22.7 Million Net Loss in April 2006

FEDERAL-MOGUL: Global Posts $27.1 Million Net Loss in March 2006
FLYI INC: Files Monthly Operating Report for April 2006
FLYI INC: Independence Air Posts $8.1 Mil. Net Loss in April 2006
WINN-DIXIE: Posts $81 Million Net Loss in Four Weeks Ended May 3

                             *********

ALLIED HOLDINGS: Posts $416,000 Net Loss in March 2006
------------------------------------------------------

           Allied Holdings, Inc., and its Debtor Subsidiaries
                  Unaudited Consolidated Balance Sheet
                         As of March 31, 2006
                             (In Thousands)

                                 Assets

Current Assets:
      Cash and cash equivalents                              $297
      Receivables, net of allowances                       57,647
      Related party receivables                            14,837
      Inventories                                           5,149
      Deferred income taxes                                   202
      Prepayments and other current assets                 48,750
                                                        ---------
         Total current assets                             126,882

Property and equipment, net                               119,524
Goodwill, net                                               3,545
Other noncurrent assets                                    22,640
Investment in related parties                              26,402
                                                        ---------
TOTAL ASSETS                                             $298,993
                                                        =========

                 Liabilities and Stockholders' Deficit

Current liabilities not subject to compromise
       DIP facility                                      $150,496
       Accounts and notes payable                          49,182
       Accrued liabilities                                 65,231
                                                        ---------
         Total current liabilities                        264,909

Long-term liabilities not subject to compromise
       Postretirement benefits                              4,309
       Deferred income taxes                                  218
       Other long term liabilities                         20,313
                                                        ---------
         Total long term liabilities                       24,840

Liabilities subject to compromise                         199,281
Stockholders deficit                                     (190,037)
                                                        ---------
       Total liabilities & stockholders deficit          $298,993
                                                        =========


           Allied Holdings, Inc., and its Debtor Subsidiaries
             Unaudited Consolidated Statement of Operations
                 For the Month Ended March 31, 2006
                             (In Thousands)

Revenues                                                  $92,703

Operating Expenses
      Salaries, Wages & Fringe benefits                    45,825
      Operating supplies & expenses                        17,396
      Purchased transportation                             11,692
      Insurance, claims                                     4,286
      Operating tax & licenses                              2,686
      Depreciation & amortization                           2,336
      Rents                                                   609
      Communications & utilities                              702
      Other operating expenses                                791
                                                        ---------
         Total Operating Expenses                          86,323
                                                        ---------
         Operating Income (Loss)                            6,380


Other Income (Expense)
      Interest expense                                     (4,789)
      Investment income                                         3
      Foreign exchange                                       (726)
                                                        ---------
                                                           (5,512)
                                                        ---------

Income before reorganization items and income taxes           868
Reorganization items                                       (1,265)
                                                        ---------
Loss before income taxes                                     (397)
Income tax expense                                            (19)
                                                        ---------
NET INCOME (LOSS)                                           ($416)
                                                        =========

The Debtors disclose cash disbursements totaling $5,115,326
during March 2006.

Headquartered in Decatur, Georgia, Allied Holdings, Inc. (OTC Pink
Sheets: AHIZQ.PK) -- http://www.alliedholdings.com/-- and its
affiliates provide short-haul services for original equipment
manufacturers and provide logistical services.  The Company
and 22 of its affiliates filed for chapter 11 protection on
July 31, 2005 (Bankr. N.D. Ga. Case Nos. 05-12515 through
05-12537).  Jeffrey W. Kelley, Esq., at Troutman Sanders, LLP,
represents the Debtors in their restructuring efforts.  Henry S.
Miller at Miller Buckfire & Co., LLC, serves as the Debtors'
financial advisor.  Anthony J. Smits, Esq., at Bingham McCutchen
LLP, provides the Official Committee of Unsecured Creditors with
legal advice and Russell A. Belinsky at Chanin Capital Partners,
LLC, provides financial advisory services to the Committee.  When
the Debtors filed for protection from their creditors, they
estimated more than $100 million in assets and debts. (Allied
Holdings Bankruptcy News, Issue No. 22; Bankruptcy Creditors'
Service, Inc., 215/945-7000)


CALPINE CORP: Files Amended Schedules of Assets and Liabilities
---------------------------------------------------------------
Calpine Corporation amended its Schedules of Assets and
Liabilities to indicate that Peter Cartwright's claim is
contingent, unliquidated, and disputed.  The Debtors scheduled
Mr. Cartwright for $7,882,000.

A full-text copy of the Amended Schedules is available for free
at http://ResearchArchives.com/t/s?9bf

Headquartered in San Jose, California, Calpine Corporation --
http://www.calpine.com/-- supplies customers and communities with        
electricity from clean, efficient, natural gas-fired and
geothermal power plants.  Calpine owns, leases and operates
integrated systems of plants in 21 U.S. states and in three
Canadian provinces.  Its customized products and services include
wholesale and retail electricity, gas turbine components and
services, energy management and a wide range of power plant
engineering, construction and maintenance and operational
services.  The Company filed for chapter 11 protection on Dec. 20,
2005 (Bankr. S.D.N.Y. Lead Case No. 05-60200).  Richard M. Cieri,
Esq., Matthew A. Cantor, Esq., Edward Sassower, Esq., and Robert
G. Burns, Esq., Kirkland & Ellis LLP represent the Debtors in
their restructuring efforts.  Miller Buckfire & Co. serves as the
Debtors' financial advisor.  Michael S. Stamer, Esq., at Akin
Gump Strauss Hauer & Feld LLP, represents the Official Committee
of Unsecured Creditors.  Lazard Freres & Co. LLC serves as the
Committee's financial advisor.  As of Dec. 19, 2005, the Debtors
listed $26,628,755,663 in total assets and $22,535,577,121 in
total liabilities.  (Calpine Bankruptcy News, Issue No. 16;
Bankruptcy Creditors' Service, Inc., 215/945-7000)


CALPINE CORP: Baytown Power Files Schedules of Assets and Debts
---------------------------------------------------------------

A.     Real Estate                                           $0

B.     Personal Property
B.13   Stock interests                             undetermined
          See http://ResearchArchives.com/t/s?9c7
B.14   Interests in partnerships                   undetermined
          See http://ResearchArchives.com/t/s?9c7

       TOTAL SCHEDULED ASSETS                                $0
                                                            ===

C.     Property Claimed as Exempt                Not applicable

D.     Secured Claims
          Wilmington Trust FSB                   $1,740,013,735
          Morgan Stanley Senior Funding             711,365,755
          The Bank of Nova Scotia                             0

E.     Unsecured priority claims
          Taxing authorities                       Undetermined
          See http://ResearchArchives.com/t/s?9c8

F.     Unsecured non-priority claims                          0

       TOTAL SCHEDULED LIABILITIES               $2,451,379,490
                                                ===============

Headquartered in San Jose, California, Calpine Corporation --
http://www.calpine.com/-- supplies customers and communities with        
electricity from clean, efficient, natural gas-fired and
geothermal power plants.  Calpine owns, leases and operates
integrated systems of plants in 21 U.S. states and in three
Canadian provinces.  Its customized products and services include
wholesale and retail electricity, gas turbine components and
services, energy management and a wide range of power plant
engineering, construction and maintenance and operational
services.  The Company filed for chapter 11 protection on Dec. 20,
2005 (Bankr. S.D.N.Y. Lead Case No. 05-60200).  Richard M. Cieri,
Esq., Matthew A. Cantor, Esq., Edward Sassower, Esq., and Robert
G. Burns, Esq., Kirkland & Ellis LLP represent the Debtors in
their restructuring efforts.  Miller Buckfire & Co. serves as the
Debtors' financial advisor.  Michael S. Stamer, Esq., at Akin
Gump Strauss Hauer & Feld LLP, represents the Official Committee
of Unsecured Creditors.  Lazard Freres & Co. LLC serves as the
Committee's financial advisor.  As of Dec. 19, 2005, the Debtors
listed $26,628,755,663 in total assets and $22,535,577,121 in
total liabilities.  (Calpine Bankruptcy News, Issue No. 16;
Bankruptcy Creditors' Service, Inc., 215/945-7000)


CALPINE CORP: Calgen Expansion Files Schedules of Assets and Debts
------------------------------------------------------------------

A.     Real Estate                                           $0

B.     Personal Property
B.13   Stock interests                             undetermined
          See http://ResearchArchives.com/t/s?9c9
B.14   Interests in partnerships                   undetermined
          See http://ResearchArchives.com/t/s?9c9

       TOTAL SCHEDULED ASSETS                                $0
                                                            ===

C.     Property Claimed as Exempt                Not applicable

D.     Secured Claims
          Wilmington Trust FSB                    1,740,013,735
          Morgan Stanley Senior Funding             711,365,755
          The Bank of Nova Scotia                             0

E.     Unsecured priority claims
          Taxing authorities                       Undetermined
          See http://ResearchArchives.com/t/s?9ca

F.     Unsecured non-priority claims
          Intercompany claims
             Baytown Energy Center, LP                   29,085
             CalGen Project Equipment
                Finance Company One, LLC                 12,873
             Calpine Corporation                    158,496,428
             Calpine Generating Company, LLC            992,814
             Calpine Oneta Power, L.P.                   53,759
             Carville Energy LLC                         31,393
             Columbia Energy LLC                      7,578,318
             Corpus Christi Cogeneration L.P.            28,113
             Decatur Energy Center, LLC                  43,210
             Delta Energy Center, LLC               (85,721,274)
             Freestone Power Generation LP               58,636
             Los Medanos Energy Center LLC          (77,891,364)
             Morgan Energy Center, LLC                   34,160
             Pastoria Energy Facility L.L.C.          2,808,798
             Zion Energy LLC                             22,767

       TOTAL SCHEDULED LIABILITIES               $2,457,957,206
                                                ===============

Headquartered in San Jose, California, Calpine Corporation --
http://www.calpine.com/-- supplies customers and communities with        
electricity from clean, efficient, natural gas-fired and
geothermal power plants.  Calpine owns, leases and operates
integrated systems of plants in 21 U.S. states and in three
Canadian provinces.  Its customized products and services include
wholesale and retail electricity, gas turbine components and
services, energy management and a wide range of power plant
engineering, construction and maintenance and operational
services.  The Company filed for chapter 11 protection on Dec. 20,
2005 (Bankr. S.D.N.Y. Lead Case No. 05-60200).  Richard M. Cieri,
Esq., Matthew A. Cantor, Esq., Edward Sassower, Esq., and Robert
G. Burns, Esq., Kirkland & Ellis LLP represent the Debtors in
their restructuring efforts.  Miller Buckfire & Co. serves as the
Debtors' financial advisor.  Michael S. Stamer, Esq., at Akin
Gump Strauss Hauer & Feld LLP, represents the Official Committee
of Unsecured Creditors.  Lazard Freres & Co. LLC serves as the
Committee's financial advisor.  As of Dec. 19, 2005, the Debtors
listed $26,628,755,663 in total assets and $22,535,577,121 in
total liabilities.  (Calpine Bankruptcy News, Issue No. 16;
Bankruptcy Creditors' Service, Inc., 215/945-7000)


CALPINE CORP: Calgen Finance Files Schedules of Assets and Debts
----------------------------------------------------------------

A.     Real Estate                                           $0

B.     Personal Property
B.13   Stock interests                             undetermined
          See http://ResearchArchives.com/t/s?9cb
B.14   Interests in partnerships                   undetermined
          See http://ResearchArchives.com/t/s?9cb

       TOTAL SCHEDULED ASSETS                                $0
                                                            ===

C.     Property Claimed as Exempt                Not applicable

D.     Secured Claims
          Wilmington Trust FSB                    1,740,013,735

E.     Unsecured priority claims
          Taxing authorities                       Undetermined
          See http://ResearchArchives.com/t/s?9cc

F.     Unsecured non-priority claims                          0

       TOTAL SCHEDULED LIABILITIES               $1,740,013,735
                                                ===============

Headquartered in San Jose, California, Calpine Corporation --
http://www.calpine.com/-- supplies customers and communities with        
electricity from clean, efficient, natural gas-fired and
geothermal power plants.  Calpine owns, leases and operates
integrated systems of plants in 21 U.S. states and in three
Canadian provinces.  Its customized products and services include
wholesale and retail electricity, gas turbine components and
services, energy management and a wide range of power plant
engineering, construction and maintenance and operational
services.  The Company filed for chapter 11 protection on Dec. 20,
2005 (Bankr. S.D.N.Y. Lead Case No. 05-60200).  Richard M. Cieri,
Esq., Matthew A. Cantor, Esq., Edward Sassower, Esq., and Robert
G. Burns, Esq., Kirkland & Ellis LLP represent the Debtors in
their restructuring efforts.  Miller Buckfire & Co. serves as the
Debtors' financial advisor.  Michael S. Stamer, Esq., at Akin
Gump Strauss Hauer & Feld LLP, represents the Official Committee
of Unsecured Creditors.  Lazard Freres & Co. LLC serves as the
Committee's financial advisor.  As of Dec. 19, 2005, the Debtors
listed $26,628,755,663 in total assets and $22,535,577,121 in
total liabilities.  (Calpine Bankruptcy News, Issue No. 16;
Bankruptcy Creditors' Service, Inc., 215/945-7000)


CALPINE CORPORATION: Calpine Construction Files Schedules
---------------------------------------------------------

A.     Real Estate                                           $0

B.     Personal Property
B.1    Cash on Hand                                         165
B.2    Bank Accounts
          HSH Nordbank                               50,000,000
          Union Bank of California                      553,929
B.13   Stock interests                             undetermined
          See http://ResearchArchives.com/t/s?9c4
B.14   Interests in partnerships                   undetermined
          See http://ResearchArchives.com/t/s?9c4
B.18   Other liquidated debts                           559,930
B.28   Office equipment and supplies                  2,393,815
B.29   Machinery, fixtures, equipment               146,264,453
          See http://ResearchArchives.com/t/s?9c5
B.35   Other personal property                          344,576

       TOTAL SCHEDULED ASSETS                      $200,116,869
                                                  =============

C.     Property Claimed as Exempt                Not applicable

D.     Secured Claims                                         0

E.     Unsecured priority claims
          Taxing authorities                       Undetermined
          See http://ResearchArchives.com/t/s?9c6

F.     Unsecured non-priority claims
          Trade payables                                343,210
          Intercompany claims
             Calpine Central, L.P.                           23
             Calpine Corporation                    721,424,857
             Calpine Eastern Corporation                 13,750
             Calpine Greenfield (Holdings) Corp.     38,100,000
             Calpine Power Company                      206,827
             CCFC Equipment Finance Company LLC     105,676,897
             CPN Pipeline Company                        15,494
             Dighton Power Associates Ltd.                   19
             Hillabee Energy Center LLC                 129,386
             Towantic Energy, LLC                           625
             Less: Receivables                      (99,822,938)
          Deferred compensation                         101,397

       TOTAL SCHEDULED LIABILITIES                 $766,189,547
                                                  =============

Headquartered in San Jose, California, Calpine Corporation --
http://www.calpine.com/-- supplies customers and communities with        
electricity from clean, efficient, natural gas-fired and
geothermal power plants.  Calpine owns, leases and operates
integrated systems of plants in 21 U.S. states and in three
Canadian provinces.  Its customized products and services include
wholesale and retail electricity, gas turbine components and
services, energy management and a wide range of power plant
engineering, construction and maintenance and operational
services.  The Company filed for chapter 11 protection on Dec. 20,
2005 (Bankr. S.D.N.Y. Lead Case No. 05-60200).  Richard M. Cieri,
Esq., Matthew A. Cantor, Esq., Edward Sassower, Esq., and Robert
G. Burns, Esq., Kirkland & Ellis LLP represent the Debtors in
their restructuring efforts.  Miller Buckfire & Co. serves as the
Debtors' financial advisor.  Michael S. Stamer, Esq., at Akin
Gump Strauss Hauer & Feld LLP, represents the Official Committee
of Unsecured Creditors.  Lazard Freres & Co. LLC serves as the
Committee's financial advisor.  As of Dec. 19, 2005, the Debtors
listed $26,628,755,663 in total assets and $22,535,577,121 in
total liabilities.  (Calpine Bankruptcy News, Issue No. 16;
Bankruptcy Creditors' Service, Inc., 215/945-7000)


CALPINE CORP: Calpine Operating Files Schedules of Assets & Debts
-----------------------------------------------------------------

A.     Real Estate                                           $0

B.     Personal Property
B.1    Cash on Hand                                       2,382
B.2    Bank Accounts
          Union Bank of California-No. 1870033954     1,286,857
          Union Bank of California-No. 1870034101     5,580,560
          Union Bank of California-No. 1870034446     1,115,747
          Others                                         73,436
B.13   Stock interests                             undetermined
          See http://ResearchArchives.com/t/s?9c1
B.14   Interests in partnerships                   undetermined
          See http://ResearchArchives.com/t/s?9c1
B.18   Other liquidated debts                             4,655
B.25   Automobiles, trucks, trailers                     12,374
B.28   Office equipment and supplies                  6,155,933
B.29   Machinery, fixtures, equipment                73,039,302
          See http://ResearchArchives.com/t/s?9c2
B.30   Inventory                                      4,796,979
B.35   Other personal property                        2,389,057

       TOTAL SCHEDULED ASSETS                       $94,457,282
                                                   ============

C.     Property Claimed as Exempt                Not applicable

D.     Secured Claims                                         0

E.     Unsecured priority claims
          Taxing authorities                       Undetermined
          See http://ResearchArchives.com/t/s?9c3

F.     Unsecured non-priority claims
          Trade payables
             Deer Park Energy Center LP                 676,829
             General Electric International Inc.      1,977,420
             Hickham Industries Inc.                  1,063,031
             Kenny Construction Co.                   2,079,769
             Nabors Drilling USA Inc.                 1,327,982
             Western Area Power Administration          965,183
             Others                                  20,862,809
          Intercompany claims                       296,509,360
             Brazos Valley Energy LP                     22,129
             Calpine Acadia Holdings, LLC                89,467
             Calpine Central, L.P.                   10,077,647
             Calpine Construction Finance Co. LP          5,000
             Calpine Construction Mgmt. Co. Inc.        754,279
             Calpine Corporation                    139,614,697
             Calpine Eastern Corporation              1,326,621
             Calpine Gilroy Cogen, L.P.                  15,105
             Calpine King City, Inc.                         76
             Calpine Pittsburg, LLC                      25,023
             Calpine Power Company                        4,487
             Calpine Power, L.P.                            963
             Calpine Power America, LP                2,456,300
             CPN Pipeline Company                       206,152
             CPN Pleasant Hill, LLC                      10,710
             Geysers Power Company, LLC              69,507,239
             Gilroy Energy Center, LLC                  205,209
             Hillabee Energy Center, LLC                  2,713
             Metcalf Holdings, LLC                          865
             Power Systems MFG., LLC                  6,991,425
             Thomassen Turbine Systems B.V.               5,929
             Less: Receivables                     (140,798,241)
          Deferred compensation                          31,133

       TOTAL SCHEDULED LIABILITIES                 $119,507,951
                                                  =============

Headquartered in San Jose, California, Calpine Corporation --
http://www.calpine.com/-- supplies customers and communities with        
electricity from clean, efficient, natural gas-fired and
geothermal power plants.  Calpine owns, leases and operates
integrated systems of plants in 21 U.S. states and in three
Canadian provinces.  Its customized products and services include
wholesale and retail electricity, gas turbine components and
services, energy management and a wide range of power plant
engineering, construction and maintenance and operational
services.  The Company filed for chapter 11 protection on Dec. 20,
2005 (Bankr. S.D.N.Y. Lead Case No. 05-60200).  Richard M. Cieri,
Esq., Matthew A. Cantor, Esq., Edward Sassower, Esq., and Robert
G. Burns, Esq., Kirkland & Ellis LLP represent the Debtors in
their restructuring efforts.  Miller Buckfire & Co. serves as the
Debtors' financial advisor.  Michael S. Stamer, Esq., at Akin
Gump Strauss Hauer & Feld LLP, represents the Official Committee
of Unsecured Creditors.  Lazard Freres & Co. LLC serves as the
Committee's financial advisor.  As of Dec. 19, 2005, the Debtors
listed $26,628,755,663 in total assets and $22,535,577,121 in
total liabilities.  (Calpine Bankruptcy News, Issue No. 16;
Bankruptcy Creditors' Service, Inc., 215/945-7000)


CALPINE CORP: CPE Finance Files Schedules of Assets & Liabilities
-----------------------------------------------------------------

A.     Real Estate                                           $0

B.     Personal Property
B.13   Stock interests                             undetermined
          See http://ResearchArchives.com/t/s?9cd
B.14   Interests in partnerships                   undetermined
          See http://ResearchArchives.com/t/s?9cd

       TOTAL SCHEDULED ASSETS                                $0
                                                            ===

C.     Property Claimed as Exempt                Not applicable

D.     Secured Claims
          Wilmington Trust FSB                    1,740,013,735
          Morgan Stanley Senior Funding             711,365,755
          The Bank of Nova Scotia                             0

E.     Unsecured priority claims
          Taxing authorities                       Undetermined
          See http://ResearchArchives.com/t/s?9ce

F.     Unsecured non-priority claims
          Intercompany claims
             Calpine Generating Company, LLC       (122,859,458)
             Zion Energy LLC                         (2,188,324)

       TOTAL SCHEDULED LIABILITIES               $2,326,331,708
                                                ===============

Headquartered in San Jose, California, Calpine Corporation --
http://www.calpine.com/-- supplies customers and communities with        
electricity from clean, efficient, natural gas-fired and
geothermal power plants.  Calpine owns, leases and operates
integrated systems of plants in 21 U.S. states and in three
Canadian provinces.  Its customized products and services include
wholesale and retail electricity, gas turbine components and
services, energy management and a wide range of power plant
engineering, construction and maintenance and operational
services.  The Company filed for chapter 11 protection on Dec. 20,
2005 (Bankr. S.D.N.Y. Lead Case No. 05-60200).  Richard M. Cieri,
Esq., Matthew A. Cantor, Esq., Edward Sassower, Esq., and Robert
G. Burns, Esq., Kirkland & Ellis LLP represent the Debtors in
their restructuring efforts.  Miller Buckfire & Co. serves as the
Debtors' financial advisor.  Michael S. Stamer, Esq., at Akin
Gump Strauss Hauer & Feld LLP, represents the Official Committee
of Unsecured Creditors.  Lazard Freres & Co. LLC serves as the
Committee's financial advisor.  As of Dec. 19, 2005, the Debtors
listed $26,628,755,663 in total assets and $22,535,577,121 in
total liabilities.  (Calpine Bankruptcy News, Issue No. 16;
Bankruptcy Creditors' Service, Inc., 215/945-7000)


CALPINE CORP: 85 Debtors File Schedules of Assets & Liabilities
---------------------------------------------------------------
About 85 Debtors filed schedules of assets and liabilities and
statements of financial affairs disclosing $0 assets and $0
liabilities.  The Debtors are:

   1.  Amelia Energy Center, LP;
   2.  Augusta Development Company, LLC;
   3.  Blue Spruce Holdings, LLC;
   4.  Broad River Holdings, LLC;
   5.  Calpine Bethpage 3 Pipeline Construction Company, Inc.;
   6.  Calpine California Development Company, LLC;
   7.  Calpine Power Inc.;
   8.  CCFC Project Equipment Finance Company One, LLC;
   9.  Celtic Power Corporation;
   10. CES GP, LLC;
   11. Cogenamerica Asia, Inc.;
   12. Cogenamerica Parlin Supply Corp.;
   13. CPN Acadia, Inc.;
   14. CPN Berks Generation, Inc.;
   15. CPN Berks LLC;
   16. CPN Cascade, Inc.;
   17. CPN Decatur Pipeline, Inc.;
   18. CPN East Fuels, LLC;
   19. CPN Oxford, Inc.;
   20. CPN Pleasant Hill Operating, LLC;
   21. CPN Power Services GP, LLC;
   22. CPN Power Services, LP;
   23. Deer Park Power GP, LLC;
   24. Deer Park Power, LP;
   25. Fontana Energy Center, LLC;
   26. Geothermal Energy Partners, LLC;
   27. Hammond Energy LLC;
   28. JMC Bethpage, Inc.;
   29. Lake Wales Energy Center, LLC;
   30. Magic Valley Gas Pipeline GP, LLC;
   31. Magic Valley Gas Pipeline LP;
   32. Mt. Vernon Energy LLC;
   33. NTC GP, LLC;
   34. Odyssey Land Acquisition Company;
   35. Pajaro Energy Center, LLC;
   36. Pastoria Energy Center, LLC;
   37. Philadelphia Biogas Supply Inc.;
   38. Phipps Bend Energy Center, LLC;
   39. Skipanon Natural Gas, LLC;
   40. South Point Holdings, LLC;
   41. VEC Holdings, LLC;
   42. Venture Acquisition Company;
   43. Vineyard Energy Center, LLC;
   44. Calpine Amelia Energy Center LP, LLC;
   45. Calpine Amelia Energy Center GP, LLC;
   46. Calpine Bethpage 3, LLC;
   47. Calpine California Energy Finance, LLC;
   48. Calpine California Equipment Finance Company, LLC;
   49. Calpine Capital Trust;
   50. Calpine Capital Trust II;
   51. Calpine Capital Trust III;
   52. Calpine Capital Trust IV;
   53. Calpine Capital Trust V;
   54. Calpine Clear Lake Energy, LP;
   55. Calpine Clear Lake Energy GP, LLC;
   56. Calpine Decatur Pipeline, L.P.;
   57. Calpine Decatur Pipeline Inc.;
   58. Calpine East Fuels, Inc.;
   59. Calpine Energy Holdings, Inc.;
   60. Calpine Finance Company;
   61. Calpine Gas Holdings LLC;
   62. Calpine Gordonsville GP Holdings, LLC;
   63. Calpine Gordonsville LP Holdings, LLC;
   64. Calpine Hidalgo Power GP, LLC;
   65. Calpine Hidalgo Power, LP;
   66. Calpine Investment Holdings, LLC;
   67. Calpine Kennedy Airport, Inc.;
   68. Calpine Leasing, Inc.;
   69. Calpine Long Island, Inc.;
   70. Calpine Lost Pines Operations, Inc.;
   71. Calpine Louisiana Pipeline Company;
   72. Calpine Magic Valley Pipeline, Inc.;
   73. Calpine NCTP GP, LLC;
   74. Calpine NCTP, LP;
   75. Calpine NTC, LP;
   76. Calpine PowerAmerica - NH, LLC;
   77. Calpine PowerAmerica - NY, LLC;
   78. Calpine PowerAmerica-OR, LLC;
   79. Calpine PowerAmerica-CT, LLC;
   80. Calpine Sonoran Pipeline, LLC;
   81. Calpine Stony Brook Power Marketing, LLC;
   82. Calpine Texas Pipeline LP, Inc.;
   83. Calpine Texas Pipeline GP, Inc.;
   84. Calpine ULC I Holding, LLC; and
   85. Calpine University Power, Inc.

Headquartered in San Jose, California, Calpine Corporation --
http://www.calpine.com/-- supplies customers and communities with        
electricity from clean, efficient, natural gas-fired and
geothermal power plants.  Calpine owns, leases and operates
integrated systems of plants in 21 U.S. states and in three
Canadian provinces.  Its customized products and services include
wholesale and retail electricity, gas turbine components and
services, energy management and a wide range of power plant
engineering, construction and maintenance and operational
services.  The Company filed for chapter 11 protection on Dec. 20,
2005 (Bankr. S.D.N.Y. Lead Case No. 05-60200).  Richard M. Cieri,
Esq., Matthew A. Cantor, Esq., Edward Sassower, Esq., and Robert
G. Burns, Esq., Kirkland & Ellis LLP represent the Debtors in
their restructuring efforts.  Miller Buckfire & Co. serves as the
Debtors' financial advisor.  Michael S. Stamer, Esq., at Akin
Gump Strauss Hauer & Feld LLP, represents the Official Committee
of Unsecured Creditors.  Lazard Freres & Co. LLC serves as the
Committee's financial advisor.  As of Dec. 19, 2005, the Debtors
listed $26,628,755,663 in total assets and $22,535,577,121 in
total liabilities.  (Calpine Bankruptcy News, Issue No. 16;
Bankruptcy Creditors' Service, Inc., 215/945-7000)


COLLINS & AIKMAN: Posts $22.7 Million Net Loss in April 2006
------------------------------------------------------------

                   Collins & Aikman Corporation
                          Balance Sheet
                       As of April 30, 2006

                              ASSETS

Cash                                                $69,333,677
Accounts receivable-trade, net                      151,179,343
Other non-trade receivables                           5,902,346
Inventories, net                                     99,547,283
Tooling and molding, net-current                     58,156,592
Prepaids & other current assets                      68,545,801
Deferred tax assets-current                             (87,825)
                                                ---------------
TOTAL CURRENT ASSETS                                452,577,217

Investments in subsidiaries                       2,534,708,519
Fixed assets, net                                   322,630,793
Goodwill, net                                       978,554,071
Deferred tax assets-long term                        25,938,826
Tooling and molding, net-long term                    8,407,797
Other noncurrent assets                              90,781,082
Intercompany accounts - net                         153,178,858
Prepetition intercompany - net                      683,934,662
                                                ---------------
TOTAL ASSETS                                     $5,250,711,824
                                                ===============

                        LIABILITIES & EQUITY

Notes payable                                                $0
Short term borrowings                                         0
Advance on receivables                                        0
Current portion-long term debt                      245,562,575
Current portion-capital leases                                0
Accounts payable                                     40,689,531
Accrued interest payable                              7,270,105
Accrued & other liabilities                          86,691,682
Income taxes payable                                 (5,639,514)
                                                ---------------
TOTAL CURRENT LIABILITIES                           374,574,380

Liabilities subject to compromise                 2,388,837,987
                                                ---------------
Total liabilities                                 2,763,412,366

Total equity                                      2,487,299,458
                                                ---------------
TOTAL LIABILITIES & EQUITY                       $5,250,711,824
                                                ===============



                   Collins & Aikman Corporation
                         Income Statement
                   Month Ending April 30, 2006

Net outside sales                                  $129,530,638
I/C Net sales                                        10,469,584
                                                ---------------
Total sales                                         140,000,222

Cost of goods sold                                  139,335,155
                                                ---------------
Gross profit                                            665,067

Selling, general & administrative expenses           19,473,769
                                                ---------------
Operating income                                    (18,808,702)

Interest expenses                                     7,168,400
Intercompany interest, net                           (2,473,350)
Preferred stock accretion                                     0
Miscellaneous (income)/expense                                0
Corporate allocation adjustment                               0
Commission income                                      (179,991)
Commission expense                                            0
Royalty income                                         (449,357)
Royalty expense                                               0
Joint Venture (Income)/Expense                                0
Minority interest in cons net income                          0
Dividend income                                               0
Discount/Income for Carcorp.                                  0
Gain/(Loss) early extinguishments of debt                     0
Discount/Premium on hedges                                    0
(Gain)/Loss on hedges                                         0
(Gain)/Loss on swaps                                          0
NAAIS Intercompany sales profit                               0
Loss on sale of receivables                                   0
Restructuring provision                                       0
Foreign transactions - (Gain)/Loss                     (246,380)
Amort of discount on NPV of liabilities                       0
(Gain)/Loss on sale-leaseback transaction                     0
                                                ---------------
Income from continuing operations before taxes      (22,628,024)

Federal income tax                                            0
State income tax                                              0
Foreign income tax                                       23,999
                                                ---------------
Income from continuing operations                   (22,652,023)

Discontinued operations                                 110,035
Gain/Loss on sale of divisions                                0
Extraordinary items                                           0
Integration                                                   0
                                                ---------------
NET INCOME (LOSS)                                  ($22,762,058)
                                                  =============

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).  Richard M. Cieri, Esq., at Kirkland & Ellis LLP,
represents C&A in its restructuring.  Lazard Freres & Co., LLC,
provides the Debtor with investment banking services.  Michael S.
Stammer, Esq., at Akin Gump Strauss Hauer & Feld LLP, represents
the Official Committee of Unsecured Creditors Committee.  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. 31; Bankruptcy
Creditors' Service, Inc., 215/945-7000)


FEDERAL-MOGUL: Global Posts $27.1 Million Net Loss in March 2006
----------------------------------------------------------------

                Federal-Mogul Global, Inc., et al.  
                     Unaudited Balance Sheet
                      As of March 31, 2006
                          (In millions)

                             Assets

Cash and equivalents                                     $755.5
Accounts receivable                                       623.4
Inventories                                               444.5
Deferred taxes                                             95.2
Prepaid expenses and other current assets                  91.4
                                                     ----------
Total current assets                                    2,010.1
  
Summary of Unpaid Postpetition Debits                     (54.2)
Intercompany Loans Receivable (Payable)                 2,087.7
                                                     ----------
Intercompany Balances                                   2,033.6
  
Property, plant and equipment                             864.2
Goodwill                                                  945.7
Other intangible assets                                   405.3
Insurance recoverable                                     779.9
Other non-current assets                                  937.3
                                                     ----------
Total Assets                                           $7,976.1
                                                      =========
  
               Liabilities and Shareholders' Equity
  
Short-term debt                                          $542.4
Accounts payable                                          230.5
Accrued compensation                                       65.3
Restructuring and rationalization reserves                 22.4
Current portion of asbestos liability                         -
Interest payable                                            2.4
Other accrued liabilities                                 261.7
                                                     ----------
Total current liabilities                               1,124.7
  
Long-term debt                                                -
Post-employment benefits                                1,896.8
Other accrued liabilities                                 804.4
Liabilities subject to compromise                       5,994.5
  
Shareholders' equity:  
   Preferred stock                                      1,050.6
   Common stock                                           565.8
   Additional paid-in capital                           8,054.7
   Accumulated deficit                                (10,248.2)
   Accumulated other comprehensive income              (1,267.1)
   Other                                                      -
                                                     ----------
Total Shareholders' Equity                             (1,844.2)
                                                     ----------
Total Liabilities and Shareholders' Equity             $7,976.1
                                                      =========
  
  
                Federal-Mogul Global, Inc., et al.  
                Unaudited Statement of Operations  
            For the Three Months Ended March 31, 2006  
                          (In millions)  
  
Net sales                                                $315.4
Cost of products sold                                     260.7
                                                     ----------
Gross margin                                               54.6
  
Selling, general & administrative expenses                (50.5)
Amortization                                               (1.2)
Reorganization items                                       (7.1)
Interest income (expense), net                            (13.4)
Other income (expense), net                                (4.3)
                                                     ----------
Earnings before Income Taxes                              (21.9)
  
Income Tax (Expense) Benefit                                5.2
                                                     ----------
Earnings before effect of change in acctg principle       (27.1)
Cumulative effect of change in acctg principle                -
                                                     ----------
Net Loss                                                 ($27.1)
                                                        =======
  
  
                Federal-Mogul Global, Inc., et al.  
                Unaudited Statement of Cash Flows  
                For the month ended March 31, 2006  
                          (In millions)  
  
Cash Provided From (Used By) Operating Activities:  
   Net loss                                              ($27.1)
Adjustments to reconcile net earnings (loss) to net cash:  
   Depreciation and amortization                           13.2
   Adjustments of assets held for sale to fair value       10.4
   Asbestos Charge                                            -
   Summary of unpaid postpetition debits                      -
   Cumulative effect of change in acctg principle             -
   Change in post-employment benefits                      (9.6)
   Decrease/(increase) in accounts receivable             (52.6)
   Decrease/(increase) in inventories                      13.5
   Increase/(decrease) in accounts payable                  9.2
   Change in other assets and other liabilities            55.1
   Change in restructuring charge                           2.5
   Refunds (payments) against asbestos liability              -
                                                     ----------
Net Cash Provided From Operating Activities               14.6
  
Cash Provided From (Used By) Investing Activities:  
   Expenditures for property, plant & equipment            (8.2)
   Proceeds from sale of property, plant & equipment         -
   Proceeds from sale of businesses                        (0.1)
   Business acquisitions, net of cash acquired                -
   Other                                                      -
                                                     ----------
Net Cash Provided From (Used By) Investing Activities      (8.3)
  
Cash Provided From (Used By) Financing Activities:  
   Increase (decrease) in debt                            (28.8)
   Sale of accounts receivable under securitization           -
   Dividends                                                  -
   Other                                                   (4.8)
                                                     ----------
Net Cash Provided From Financing Activities               (33.6)
  
Increase (Decrease) in Cash and Equivalents               (27.2)
  
Cash and equivalents at beginning of period               782.7
                                                     ----------
Cash and equivalents at end of period                    $755.5
                                                        =======

Headquartered in Southfield, Michigan, Federal-Mogul Corporation
-- http://www.federal-mogul.com/-- is one of the world's largest
automotive parts companies with worldwide revenue of some
$6 billion.  The Company filed for chapter 11 protection on
Oct. 1, 2001 (Bankr. Del. Case No. 01-10582).  Lawrence J. Nyhan
Esq., James F. Conlan Esq., and Kevin T. Lantry Esq., at Sidley
Austin Brown & Wood, and Laura Davis Jones Esq., at Pachulski,
Stang, Ziehl, Young, Jones & Weintraub, P.C., represent the
Debtors in their restructuring efforts.  When the Debtors filed
for protection from their creditors, they listed US$10.15 billion
in assets and US$8.86 billion in liabilities.  Federal-Mogul
Corp.'s U.K. affiliate, Turner & Newall, is based at Dudley Hill,
Bradford. Peter D. Wolfson, Esq., at Sonnenschein Nath &
Rosenthal; and Charlene D. Davis, Esq., Ashley B. Stitzer, Esq.,
and Eric M. Sutty, Esq., at The Bayard Firm represent the Official
Committee of Unsecured Creditors.  (Federal-Mogul Bankruptcy News,
Issue No. 108; Bankruptcy Creditors' Service, Inc., 215/945-7000)


FLYI INC: Files Monthly Operating Report for April 2006
-------------------------------------------------------

                              FLYi Inc.
                     Consolidated Balance Sheet
                        As of April 30, 2006

ASSETS

Current assets
     Cash                                               $193,823
     Short term investments                            1,000,000
     Net accounts receivable                         379,627,803
     IC Notes receivable                               4,252,000
                                                   -------------
     Total Current Assets                           $385,073,626
                                                   -------------
Other assets
     Restricted cash                                           0
     Long term investments                             7,435,000
     Intangible assets                                         0
     Debt issuance cost                                        0
     Aircraft deposits                                         0
     Long term deferred tax                                    0
     Other assets                                     14,055,412
                                                   -------------
     Total Other Assets                              $21,490,412
                                                   -------------
     TOTAL ASSETS                                   $406,564,038
                                                   =============

LIABILITIES
Liabilities not subject to compromise                         $0
Liabilities subject to compromise
     Secured debt                                              0
     Priority debt                                             0
     Unsecured debt                                  244,926,756
                                                   -------------
     Total Liabilities                              $244,926,756
                                                   -------------
Owner Equity
     Common stock                                      1,088,716
     Additional paid in capital                      158,254,512
     Treasury stock                                  (35,717,477)
     Pre-petition retained earnings                   39,858,773
     Postpetition retained earnings                   (1,847,242)
                                                   -------------
     Net Owners' Equity                             $161,637,282
                                                   -------------
     TOTAL LIABILITIES AND OWNER'S EQUITY           $406,564,038
                                                   =============


                              FLYi Inc.
                      Statement of Operations
                             April 2006

Revenues                                                      $0
Other income and expenses
     Interest income                                      (3,936)
     Interest expense                                          -
     Other miscellaneous                                       -
                                                   -------------
     Net Profit(Loss)                                    ($3,936)
                                                   =============

Headquartered in Dulles, Virginia, FLYi, Inc., aka Atlantic Coast
Airlines Holdings, Inc. -- http://www.flyi.com/-- is the parent
of Independence Air Inc., a small airline based at Washington
Dulles International Airport.  The Debtor and its six affiliates
filed for chapter 11 protection on Nov. 7, 2005 (Bankr. D. Del.
Case Nos. 05-20011 through 05-20017).  Brendan Linehan Shannon,
Esq., M. Blake Cleary, Esq., and Matthew Barry Lunn, Esq., at
Young, Conaway, Stargatt & Taylor, represent the Debtors in their
restructuring efforts.  Brett H. Miller, Esq., at Otterbourg,
Steindler, Houston & Rosen, P.C., represents the Official
Committee of Unsecured Creditors.  As of Sept. 30, 2005, the
Debtors listed assets totaling $378,500,000 and debts totaling
$455,400,000. (FLYi Bankruptcy News, Issue No. 18; Bankruptcy
Creditors' Service, Inc., 215/945-7000)


FLYI INC: Independence Air Posts $8.1 Mil. Net Loss in April 2006
-----------------------------------------------------------------

                        Independence Air Inc.
                     Consolidated Balance Sheet
                        As of April 30, 2006

ASSETS

Current assets
     Cash                                            $17,870,147
     Short term investments                            6,300,000
     Restricted cash                                   4,717,398
     Net accounts receivable                         108,871,873
     Net expandable parts and fuel                       100,730
     Net prepaid expenses                              8,383,202
     Deferred tax asset                                       (1)
                                                   -------------
Total current assets                                $146,243,349
                                                   -------------
Other assets:
     Restricted cash                                  14,881,031
     Aircraft deposits                                12,662,000
     Other assets                                        488,679
                                                   -------------
Total other assets                                   $28,031,710
                                                   -------------
     TOTAL ASSETS                                   $174,275,059
                                                   =============
LIABILITIES

Liabilities not subject to compromise
     Accounts payable                                 $7,322,583
     Air traffic liability                             1,162,335
     Accrued liabilities                               1,311,865
     Amounts due to insiders                               8,333
                                                   -------------
Total postpetition liabilities                        $9,805,116
                                                   -------------

Liabilities subject to compromise
     Secured debt                                     $1,729,225
     Priority debt                                     1,319,657
     Unsecured debt                                  401,991,245
     Other accruals                                   17,881,482
                                                   -------------
Total prepetition liabilities                       $422,921,608
                                                   -------------
Total Liabilities                                   $432,726,724
                                                   -------------
Owner Equity
     Common stock                                              0
     Treasury stock                                    7,435,000
     Owner's equity account                                    -
     Pre-petition retained earnings                 (243,575,613)
     Postpetition retained earnings                  (22,311,052)
     Adjustment to owner equity                                0
                                                   -------------
Net Owners' Equity                                 ($258,451,665)
                                                   -------------
     TOTAL LIABILITIES AND OWNER'S EQUITY           $174,275,059
                                                   =============


                        Independence Air Inc.
                       Statement of Operations
                             April 2006

Revenues
Operating Revenue
     Passenger revenue                                     ($165)
     Other revenue                                        17,853
                                                   -------------
Total operating revenues                                 $17,688
                                                   -------------
Operating expenses
Insider compensation                                      $8,333
     Wages                                               506,331
     Fringes and benefits                                291,600
     Aircraft fuel                                       (25,846)
     Aircraft maintenance and materials                4,818,892
     Traffic commissions                                    (266)
     Facilities rent                                    (602,730)
     Landing fees                                       (615,341)
     Depreciation and amortization                            31
     Others                                            2,181,925
     Retirement and restructuring charge                 693,916
                                                   -------------
Total operating expense                               $7,256,845
                                                   -------------
Net operating income                                  (7,239,157)
                                                   -------------
Net Profit (Loss) before other income & expenses      (7,239,157)
                                                   -------------
Other income and expenses
     Interest income                                    (146,523)
     Interest expense                                      5,055
     Other miscellaneous                                  10,181
                                                   -------------
     Total other (income) expense                       (131,287)
                                                   -------------
Net Profit (Loss) before reorganization items         (7,107,870)
                                                   -------------
Reorganization items
     Professional fees                                  (942,446)
     Income taxes                                        (55,754)
                                                   -------------
Net Profit (Loss)                                    ($8,106,070)
                                                   =============

Headquartered in Dulles, Virginia, FLYi, Inc., aka Atlantic Coast
Airlines Holdings, Inc. -- http://www.flyi.com/-- is the parent
of Independence Air Inc., a small airline based at Washington
Dulles International Airport.  The Debtor and its six affiliates
filed for chapter 11 protection on Nov. 7, 2005 (Bankr. D. Del.
Case Nos. 05-20011 through 05-20017).  Brendan Linehan Shannon,
Esq., M. Blake Cleary, Esq., and Matthew Barry Lunn, Esq., at
Young, Conaway, Stargatt & Taylor, represent the Debtors in their
restructuring efforts.  Brett H. Miller, Esq., at Otterbourg,
Steindler, Houston & Rosen, P.C., represents the Official
Committee of Unsecured Creditors.  As of Sept. 30, 2005, the
Debtors listed assets totaling $378,500,000 and debts totaling
$455,400,000. (FLYi Bankruptcy News, Issue No. 18; Bankruptcy
Creditors' Service, Inc., 215/945-7000)


WINN-DIXIE: Posts $81 Million Net Loss in Four Weeks Ended May 3
----------------------------------------------------------------

                 Winn-Dixie Stores, Inc., et al.
              Unaudited Consolidated Balance Sheet
                         At May 3, 2006
                         (In thousands)

                             ASSETS
       
Current assets:
     Cash and cash equivalents                         $156,314  
     Marketable securities                               14,262   
     Trade and other receivables, net                   155,838   
     Insurance claims receivable                         44,652   
     Income tax receivable                               30,382
     Merchandise inventories, net                       470,261   
     Prepaid expenses and other current assets           44,876   
                                                   ------------
Total current assets                                    916,585   
          
Property, plant and equipment, net                      525,805   
Other assets, net                                       116,617   
                                                   ------------
Total assets                                         $1,559,007   
          
              LIABILITIES AND SHAREHOLDERS' DEFICIT
       
Current liabilities:
     Current borrowings under DIP Credit Facility        $40,969
     Current portion of long-term debt                       230   
     Current obligations under capital leases              3,832   
     Accounts payable                                    225,372   
     Reserve for self-insurance liabilities               90,355   
     Accrued wages and salaries                           76,642   
     Accrued rent                                         29,677   
     Accrued expenses                                    112,115   
                                                   -------------
Total current liabilities                                579,192   
          
Reserve for self-insurance liabilities                   143,911   
Long-term debt                                               184   
Obligations under capital leases                           4,672   
Other liabilities                                         15,980   
                                                   -------------
Total liabilities not subject to compromise              743,939   
          
Liabilities subject to compromise                      1,180,520   
                                                   -------------
Total liabilities                                      1,924,459   
          
Shareholders' deficit:
     Common stock                                        141,858
     Additional paid-in-capital                           34,125   
     Accumulated deficit                                (507,126)
     Accumulated other comprehensive loss                (34,309)
                                                   -------------
Total shareholders' deficit                             (365,452)
          
TOTAL LIABILITIES AND SHAREHOLDERS' DEFICIT           $1,559,007


                 Winn-Dixie Stores, Inc., et al.
         Unaudited Consolidated Statement of Operations
                  Four Weeks Ended May 3, 2006
                         (In thousands)

Net sales                                               $575,138
Cost of sales                                            422,773   
                                                   -------------
Gross profit on sales                                    152,365
   
Other operating and administrative expenses              161,016  
Restructuring charges                                      2,783   
                                                   -------------
Operating loss                                           (11,434)

Interest expense, net                                        265   
                                                   -------------
Loss before reorganization items and income taxes        (11,699)
Reorganization items, net expense                          3,054   
Income tax expense                                             -     
                                                   -------------
Net loss from continuing operations                      (14,753)
          
Discontinued operations:
       
     Loss from discontinued operations                    (8,177)
     Loss on disposal of discontinued operations         (58,829)
     Income tax expense                                        -
                                                   -------------
Net loss from discontinued operations                    (67,006)
                                                   -------------
Net loss                                                $(81,759)


                   Winn-Dixie Stores, Inc., et al.
            Unaudited Consolidated Statement of Cash Flows
                     Four Weeks Ended May 3, 2006
                            (In thousands)

Cash flows from operating activities:
   Net loss                                             $(81,759)
   Adjustments to reconcile net loss to
    net cash provided by operating activities:
      Loss on sales of assets, net                         1,914
      Reorganization items, net expense                    3,054
      Depreciation and amortization                        8,007
      Stock compensation plans                               546
      Change in operating assets and liabilities:
         Trade and other receivables                      10,482
         Merchandise inventories                          23,628
         Prepaid expenses and other current assets        (4,023)
         Accounts payable                                 (1,207)
         Reserve for self-insurance liabilities            1,327   
         Lease liability on closed facilities             63,284   
         Income taxes receivable                             (16)
         Defined benefit plan                                (89)
         Other accrued expenses                            3,829
                                                   -------------
      Net cash provided by operating
       activities before reorganization items             28,977
      Cash effect of reorganization items                 (5,576)
                                                   -------------
Net cash provided by operating activities                 23,401   
          
Cash flows from investing activities:
     Purchases of property, plant and equipment           (2,840)
     Decrease in investments and other assets              3,273
     Proceeds from sales of assets                         1,237
     Purchases of marketable securities                     (251)
     Sales of marketable securities                        1,264
     Other                                                (1,859)
                                                   -------------
Net cash used in investing activities                        824
          
Cash flows from financing activities:
     Gross borrowings on DIP Credit Facility               1,056
     Gross payments on DIP Credit Facility                  (639)
     Principal payments on long-term debt                    (18)
     Principal payments on capital lease obligations        (118)
     Other                                                    94
                                                   -------------
Net cash provided by financing activities                    375
                                                   -------------
Increase in cash and cash equivalents                     24,600
Cash and cash equivalents at beginning of period         131,714
                                                   -------------
Cash and cash equivalents at end of period              $156,314
          
Headquartered in Jacksonville, Florida, Winn-Dixie Stores, Inc.
-- http://www.winn-dixie.com/-- is one of the nation's largest
food retailers.  The Company operates stores across the
Southeastern United States and in the Bahamas and employs
approximately 90,000 people.  The Company, along with 23 of its
U.S. subsidiaries, filed for chapter 11 protection on Feb. 21,
2005 (Bankr. S.D.N.Y. Case No. 05-11063, transferred Apr. 14,
2005, to Bankr. M.D. Fla. Case Nos. 05-03817 through 05-03840).
D.J. Baker, Esq., at Skadden Arps Slate Meagher & Flom LLP, and
Sarah Robinson Borders, Esq., and Brian C. Walsh, Esq., at King &
Spalding LLP, represent the Debtors in their restructuring
efforts.  Paul P. Huffard at The Blackstone Group, LP, gives
financial advisory services to the Debtors.  Dennis F. Dunne,
Esq., at Milbank, Tweed, Hadley & McCloy, LLP, and John B.
Macdonald, Esq., at Akerman Senterfitt give legal advice to the
Official Committee of Unsecured Creditors.  Houlihan Lokey &
Zukin Capital gives financial advisory services to the
Committee.  When the Debtors filed for protection from their
creditors, they listed $2,235,557,000 in total assets and
$1,870,785,000 in total debts.    

                             *********

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.  Prices for actual
trades are probably different.  Our objective is to share
information, not make markets in publicly traded securities.
Nothing in the TCR constitutes an offer or solicitation to buy or
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Each Tuesday edition of the TCR contains a list of companies with
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share in public markets.  At first glance, this list may look like
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Monthly Operating Reports are summarized in every Saturday edition
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For copies of court documents filed in the District of Delaware,
please contact Vito at Parcels, Inc., at 302-658-9911.  For
bankruptcy documents filed in cases pending outside the District
of Delaware, contact Ken Troubh at Nationwide Research &
Consulting at 207/791-2852.

                             *********

S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter is a daily newsletter co-published
by Bankruptcy Creditors' Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Frederick, Maryland,
USA.  Marie Therese V. Profetana, Shimero Jainga, Joel Anthony
Lopez, Emi Rose S.R. Parcon, Rizande B. Delos Santos, Cherry A.
Soriano-Baaclo, Christian Q. Salta, Jason A. Nieva, Lucilo Junior
M. Pinili, Tara Marie A. Martin and Peter A. Chapman, Editors.

Copyright 2006.  All rights reserved.  ISSN: 1520-9474.

This material is copyrighted and any commercial use, resale or
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