/raid1/www/Hosts/bankrupt/TCR

/raid1/www/Hosts/bankrupt/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 sell any security of any kind. It is likely that some entity affiliated with a TCR editor holds some position in the issuers' public debt and equity securities about which we report. Each Tuesday edition of the TCR contains a list of companies with insolvent balance sheets whose shares trade higher than $3 per share in public markets. At first glance, this list may look like the definitive compilation of stocks that are ideal to sell short. Don't be fooled. Assets, for example, reported at historical cost net of depreciation may understate the true value of a firm's assets. A company may establish reserves on its balance sheet for liabilities that may never materialize. The prices at which equity securities trade in public market are determined by more than a balance sheet solvency test. A list of Meetings, Conferences and Seminars appears in each Wednesday's edition of the TCR. Submissions about insolvency- related conferences are encouraged. Send announcements to conferences@bankrupt.com/ On Thursdays, the TCR delivers a list of recently filed chapter 11 cases involving less than $1,000,000 in assets and liabilities delivered to nation's bankruptcy courts. The list includes links to freely downloadable images of these small-dollar petitions in Acrobat PDF format. Each Friday's edition of the TCR includes a review about a book of interest to troubled company professionals. All titles are available at your local bookstore or through Amazon.com. Go to http://www.bankrupt.com/books/to order any title today. Monthly Operating Reports are summarized in every Saturday edition of the TCR. 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 publication in any form (including e-mail forwarding, electronic re-mailing and photocopying) is strictly prohibited without prior written permission of the publishers. Information contained herein is obtained from sources believed to be reliable, but is not guaranteed. The TCR subscription rate is $725 for 6 months delivered via e- mail. Additional e-mail subscriptions for members of the same firm for the term of the initial subscription or balance thereof are $25 each. For subscription information, contact Christopher Beard at 240/629-3300. *** End of Transmission ***