EX-99.1 2 d70875_ex99-1.htm QUARTERLY OPERATING REPORT
 
Exhibit 99.1
 
CASE NAME: INTEGRATED ELECTRICAL SERVICES, INC. ET AL.
 
CASE NUMBER: 06-30602-BJH-11 Chapter 11
rwd, 7/97  
 
UNITED STATES BANKRUPTCY COURT
 
NORTHERN DISTRICT OF TEXAS
 
DIVISION 6
 
FOR POST CONFIRMATION USE
 
QUARTERLY OPERATING REPORT
 
AND
 
QUARTERLY BANK RECONCILEMENT
 
In accordance with Title 28, Section 1746, of the United States Code, I declare under penalty of perjury that I have examined the attached Post Confirmation Quarterly Operating Report, and the Post Confirmation Quarterly Bank Reconcilement and, to the best of my knowledge, these documents are true, correct and complete. Declaration of the preparer (other than responsible party), is based on all information of which preparer has any knowledge.
 
RESPONSIBLE PARTY:
     
Original Signature of Responsible Party    
   
       
Printed Name of Responsible Party   David A. Miller
   
       
Title   Senior Vice President & Chief Financial Officer
   
       
Date   February 15, 2007
   
PREPARER:    
       
Original Signature of Preparer    
   
       
Printed Name of Preparer    
   
       
Title    
   
       
Date    
   


  POST CONFIRMATION
QUARTERLY BANK RECONCILEMENT
 
CASE NAME: INTEGRATED ELECTRICAL SERVICES, INC. ET AL.
   
CASE NUMBER: 06-30602-BJH-11 Chapter 11 rwd, 7/97
 
  The reorganized debtor must complete the reconciliation below for each bank account, including all general, payroll and tax accounts, as well as all savings and investment accounts, money market accounts, certificates of deposits, governmental obligations, etc. Accounts with restricted funds should be identified by placing an asterisk next to the account number. Attach additional sheets for each bank reconcilement if necessary.
   
QUARTER ENDING: DECEMBER 31, 2006 *** ALL DOLLAR AMOUNTS IN THOUSANDS ***  
 
Bank Reconciliations Account #1   Account #2   Account #3     TOTAL  
   
A. Bank   Summary       Summary    Deposit         
B.Account Number  See Attached               In       
C.Purpose (Type)  Corporate       Subsidiaries    Transit       
  
1.Balance Per Bank Statement$ 13,320       Not Available                   NM   
2.Add:  Total Deposits Not Credited$ 0       Not Available           +      NM   
3.Subtract:  Outstanding Checks   ($1,744 )    Not Available           –      NM   
4.Other Reconciling Items  ($ 559 )    Not Available           + / -      NM   
5.Month End Balance Per Books$ 11,017       ($5,046 ) 632     =   $ 6,603   
  
6.Number of Last Check Written See Attached    NotAvailable  Not Available           
  
7.Cash:  Currency on Hand$ 0   $ 0  0   +  $ 0  
8.Total Cash - End Of Month$ 11,017     ($5,046 ) 632   =  $ 6,603  
  
     
CASH IN:
INVESTMENT ACCOUNTS		    
 
Bank, Account Name & Number Date of
Purchase		   Type of
Instrument		     Value  
 
9. Bank of America, -522-1-4 EDW    Various       Money Market       +      $ 32,035   
10. Bank of America, -506-1-0 EDW*    Various       Money Market (restricted cash) (1)       +    $ 20,000   
11. BofA, Liquidity Mgmt Acct, -5754    Various       Columbia Treasury Reeserve       +    $ 3,766   
12.       +    $ 0   
13. Total Cash Investments          =    $ 55,801   
 
                               
 
14. TOTAL CASH LINE 8 - PLUS LINE 13 = LINE 14 ****          $ 62,404   
 
                            ****  
  **** Must tie to Line 4, Quarterly Operating Report
  
  (1) This account represents restricted cash held by Bank of America pursuant to the Company’s revolving credit facility and is classified in other non-current assets on the Company’s Form 10-Q for the quarter ended December 31, 2006.


LOCATION NAME: INTEGRATED ELECTRICAL SERVICES, INC. ET AL.                                 Monthly Operating Report  
                                  ACCRUAL BASIS-5  
CASE NUMBER: 06-30602-BJH-11 Chapter 11                                            
                                                       
BANK RECONCILIATIONS - ACCOUNTS 1 - 11                                                      
Account #1 Account #2 Account #3 Account #4 Account #5 Account #6 Account #7 Account #8
A.      BANK: Bank of America   Bank of America   First American   Amegy   Wells Fargo   Regions Bank   LaSalle   Bank of America        
B.      ACCOUNT NUMBER: 375-666-2809   375-666-5754   335-519-729   316-474   494-507-3211   78-8700-0154   5800384397   4426201230        
C.      PURPOSE (TYPE): Business
Capital		   Operating
Acct		   P/R Tax
Escrow		   Master
Concentration		   Master
Concentration		   Master
Concentration		   Master
Concentration		   BCBS     Total #1 - 8  
1. BALANCE PER BANK STATEMENT $ 7,230   $ —   $ 4,036   $ 117   $ 132   $ 117   $ 276   $ —   $ 11,908  
2. ADD: TOTAL DEPOSITS NOT CREDITED $ —   $ —   $ —   $ —   $ —   $ —   $ —   $ —   $ —  
3. SUBTRACT: OUTSTANDING CHECKS $ —   $ —   $ —   $ —   $ —   $ —   $ —   $ —   $ —  
4. OTHER RECONCILING ITEMS $ —   $ (563 ) $ —   $ —   $ —   $ —   $ —   $ —   $ (563 )
5. MONTH END BALANCE PER BOOKS $ 7,230   $ (563 ) $ 4,036   $ 117   $ 132   $ 117   $ 276   $ —   $ 11,345  
6. NUMBER OF LAST CHECK WRITTEN   n/a     n/a     n/a     n/a     n/a     n/a     n/a     n/a     n/a  
                                                         
BANK RECONCILIATIONS - ACCOUNTS 12 - 22                                                      
Account #9 Account #10 Account #11 Account #12 Account #14 Account #15 Account #16 Account #17
A.      BANK: JP Morgan Chase   JP Morgan Chase   JPM Chase   Bank of America   Bank of America   JP Morgan Chase   Wachovia   US Bank        
B.      ACCOUNT NUMBER: 323-297-692   601-854-698   601-854-706   442-620-1256   0013-9000-0900   601-854-714   2000-0140-45185   4346-84-7728        
C.      PURPOSE (TYPE): Master
Concentration		   A/P Account
(ZBA)		   A/P Account
(ZBA)		   Payroll
(ZBA)		   Payroll (ZBA)
(closed)		   A/P   Master
Concentration		   Master
Concentration		   Total 9 - 16  
1. BALANCE PER BANK STATEMENT $ 100   $  —   $ —   $  —   $ —   $ —   $ 817   $ 495   $ 1,412  
2. ADD: TOTAL DEPOSITS NOT CREDITED $ —   $  —   $ —   $  —   $ —   $ —   $ —   $ —   $ —  
3. SUBTRACT: OUTSTANDING CHECKS $ —   $  (124 )   $ (558 )   $  —   $ —   $ (1,062 ) $ —   $ —   $ (1,744 )
4. OTHER RECONCILING ITEMS $ —   $  5   $ —   $  (1 )   $ —   $ —   $ —   $ —   $ 4  
5. MONTH END BALANCE PER BOOKS $ 100    $  (119 )   $ (558 ) $  (1 )   $ —    $ (1,062 )   $ 817    $ 495    $ (328 ) 
6. NUMBER OF LAST CHECK WRITTEN   n/a     7,659     3,382     n/a     n/a      15,482     n/a     n/a     n/a  
                                                         
BANK RECONCILIATIONS - ALL ACCOUNTS                                                      
    TOTAL                                                  
A.      BANK:                                                      
B.      ACCOUNT NUMBER: All                                                  
C.      PURPOSE (TYPE): Accounts                                                  
1. BALANCE PER BANK STATEMENT $ 13,320                                                  
2. ADD: TOTAL DEPOSITS NOT CREDITED $ —                                                  
3. SUBTRACT: OUTSTANDING CHECKS $ (1,744 )                                                
4. OTHER RECONCILING ITEMS $ (559 )                                                
5. MONTH END BALANCE PER BOOKS $ 11,017                                                  
6. NUMBER OF LAST CHECK WRITTEN See Details Above                                                  
                                                         
INVESTMENT ACCOUNTS                                                      
                                                         
    DATE OF   TYPE OF   PURCHASE   CURRENT                                
BANK, ACCOUNT NAME & NUMBER PURCHASE   INSTRUMENT   PRICE   VALUE                                
7. Bank of America, 220-08522-1-4 EDW various   Money Market   $ 32,035   $ 32,035                                
8. Bank of America, 249-00506-1-0 EDW* various   Money Market   $ 20,000   $ 20,000                                
9. Bank of America, Liquidity Management
    Account, 3756665754		 various   Columbia Treasury
Reserves		   $ 3,766   $ 3,766                                
10. TOTAL INVESTMENTS             $ 55,801   $ 55,801                                
                                                         
CASH                                                      
                                                         
11. CURRENCY ON HAND / DEPOSIT IN TRANSIT                   $  632                                
                                                         
12. TOTAL CASH AT SUBSIDIARIES                   $  (5,046 )                              
                                                         
13. TOTAL CASH - END OF MONTH                   $  62,404                                


POST CONFIRMATION
QUARTERLY OPERATING REPORT
 
CASE NAME: INTEGRATED ELECTRICAL SERVICES, INC. ET AL. rwd, 7/97
 
CASE NUMBER: 06-30602-BJH-11 Chapter 11
 
QUARTER ENDING: DECEMBER 31, 2006 ALL DOLLAR AMOUNTS IN THOUSANDS  
               
1. BEGINNING OF QUARTER CASH BALANCE:       $ 44,485  
  
               
  CASH RECEIPTS:            
 
  CASH RECEIPTS DURING CURRENT QUARTER:            
     (a).  Cash receipts from business operations+   $ 271,805  
     (b).  Cash receipts from loan proceeds+   $ 0  
     (c).  Cash receipts from contributed capital+   $ 0  
     (d).  Cash receipts from tax refunds+   $ 0  
     (e).  Cash receipts from other sources+   $ 6,555  
2.              TOTAL CASH RECEIPTS=   $ 278,360  
               
  CASH DISBURSEMENTS:            
 
     (A).  PAYMENTS MADE UNDER THE PLAN:            
               (1).  Administrative+     ($43 )
               (2).  Secured Creditors+     ($79 )
               (3).  Priority Creditors+   $ 0  
               (4).  Unsecured Creditors+   $ 0  
               (5).  Additional Plan Payments+   $ 0  
     (B).  OTHER PAYMENTS MADE THIS QUARTER:            
               (1).  General Business+    ($259,966 )
               (2).  Other Disbursements+     ($353 )
               
3.              TOTAL DISBURSEMENTS THIS QUARTER=    ($260,441 )
               
4. CASH BALANCE END OF QUARTER =          
  Line 1 - Plus Line 2 - Minus Line 3 = Line 4    $ 62,404