8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 2, 2010

ABITIBIBOWATER INC.

(Exact name of Registrant as Specified in Charter)

Delaware	001-33776	98-0526415
(State or other Jurisdiction of Incorporation or Organization)	(Commission File Number)	(I.R.S. Employer Identification Number)

AbitibiBowater Inc. 1155 Metcalfe Street, Suite 800 Montréal, Québec, Canada	H3B 5H2
(Address of principal executive offices)	(Zip Code)

(514) 875-2160

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

ITEM 5.02. DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.

AbitibiBowater Inc. (the “Company”) announced on June 3, 2010 that the board of directors appointed on that date Richard Garneau as a director of the Company and also announced the departure of Anthony F. Griffiths as a member of the board. Mr. Garneau’s appointment and Mr. Griffiths’s departure are effective as of June 3, 2010. Mr. Garneau was appointed to replace Mr. Griffiths on the Human Resources and Compensation Committee and Nominating and Governance Committee.

ITEM 8.01. OTHER EVENTS.

Monthly Operating Report

On June 2, 2010, the Company and certain of its U.S. subsidiaries (collectively, the “U.S. Debtors”) filed the Monthly Operating Report for the period from April 1, 2010 to April 30, 2010 (the “MOR”) with the United States Bankruptcy Court for the District of Delaware (the “U.S. Bankruptcy Court”) (In re: AbitibiBowater Inc., et al., Chapter 11, Case No. 09-11296). A copy of the MOR is attached as Exhibit 99.1 to this report and is incorporated herein by reference.

The MOR is limited in scope, covers a limited time period, and has been prepared solely for the purpose of the U.S. Debtors’ compliance with the monthly reporting requirements of the U.S. Bankruptcy Court. The financial information in the MOR has not been audited, reviewed or otherwise verified for accuracy or completeness by independent accountants. The financial statements in the MOR are not intended to be prepared in conformity with U.S. GAAP because they do not include all of the information and footnote disclosures required by U.S. GAAP for complete financial statements, and the information contained in the MOR is not intended to reconcile to the consolidated financial statements of the Company in its Annual Report on Form 10-K for the fiscal year ended December 31, 2009 filed with the Securities and Exchange Commission on March 31, 2010, as amended, nor any consolidated financial statements in subsequently filed Quarterly Reports on Form 10-Q. The statement of operations and cash flows presented in the MOR for any interim period are not necessarily indicative of the results that may be expected for a full quarter, full year, or any interim period. Readers are cautioned not to place undue reliance on the MOR. The MOR is in a format required by the U.S. Bankruptcy Court and should not be used for investment purposes.

Monitor’s Report

On June 4, 2010, Ernst & Young Inc. (“E&Y”), as Monitor, filed its forty-third report (the “Monitor’s Report”) with the Superior Court of Quebec in Canada (the “Canadian Court”) in connection with the creditor protection proceedings previously instituted by certain wholly-owned subsidiaries of the Company, namely Abitibi-Consolidated Inc. and certain of its subsidiaries, and Bowater Canadian Holdings Incorporated and certain of its subsidiaries (collectively, the “Canadian Petitioners”), under the Companies Creditors Arrangement Act (Canada). The purpose of the Monitor’s Report is to report to the Canadian Court with respect to the four week cash flow results of the Canadian

2

Petitioners for the period from April 5, 2010 to May 2, 2010 and to provide details on: (i) an update regarding the overview of the current market conditions in the forest products industry provided in the forty-first report of the Monitor, dated May 5, 2010, (ii) the receipts and disbursements of Abitibi-Consolidated Inc. and its subsidiaries and Bowater Canadian Forest Products Inc. for the reporting period, with a discussion of the variances from the respective forecasts set forth in the forty-first report of the Monitor, (iii) the current liquidity and revised cash flow forecasts of Abitibi-Consolidated Inc. and its subsidiaries and Bowater Canadian Forest Products Inc. for the 13-week period ended August 1, 2010 and (iv) an update with respect to certain key performance indicators tracked by the Canadian Petitioners. A copy of the Monitor’s Report is attached as Exhibit 99.2 and is incorporated herein by reference.

The Monitor’s Report is limited in scope, covers a limited time period, and has been prepared solely for the purpose of the Canadian Petitioners’ compliance with the monthly reporting requirements of the Canadian Court. The financial information in the Monitor’s Report has not been audited, reviewed or otherwise verified for accuracy or completeness by E&Y. Some of the information referred to in the Monitor’s Report consists of forecasts and projections.

Readers are cautioned that, since these projections are based upon assumptions about future events and conditions, the actual results will vary from the projections, even if the assumptions materialize, and the variations could be significant. The Monitor’s Report is in a format required by the Canadian Court and should not be used for investment purposes.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.

Exhibit No.	Description
99.1	Monthly Operating Report for the Period April 1, 2010 to April 30, 2010, dated May 31, 2010
99.2	Forty-Third Report of the Monitor, dated June 3, 2010

3

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	ABITIBIBOWATER INC.
Date: June 8, 2010	By:	/S/    JACQUES P. VACHON
	Name:	Jacques P. Vachon
	Title:	Senior Vice-President, Corporate Affairs and Chief Legal Officer

4

INDEX OF EXHIBITS

Exhibit No.	Description
99.1	Monthly Operating Report for the Period April 1, 2010 to April 30, 2010, dated May 31, 2010
99.2	Forty-Third Report of the Monitor, dated June 3, 2010

5

EX-99.1

Exhibit 99.1

UNITED STATES BANKRUPTCY COURT

DISTRICT OF DELAWARE

In re: Abitibibowater Inc., et al.,	Chapter 11
	Case No. 09-11296
Debtor:

Monthly Operating Report

For the Period April 1^st, 2010 to April 30^th, 2010

REQUIRED DOCUMENTS	Form No.
Debtors Consolidating Schedule of Receipts and Disbursements	MOR-1
Debtors Consolidating Schedule of Operating Receipts and Disbursements	MOR-1a
Schedule of Cash Disbursements by Debtor Entity	MOR-2
Schedule of Debtors Bank Account Balances	MOR-3
Schedule of Professional Fees Paid	MOR-4
Declaration Regarding the Reconciliation of the Debtors Bank Accounts	MOR-5
Debtors Consolidating Balance Sheet	MOR-6
Debtors Consolidating Statement of Operations	MOR-7
Declaration Regarding the Status of Post-Petition Taxes of the Debtors	MOR-8
Combined Listing of Post-Petition Aged Accounts Payable	MOR-9
Combined Listing of Aged Accounts Receivable	MOR-10
Summary of Debtors Post-Petition Inter-Company Receivables and Payables	MOR-11
Debtors Questionnaire	MOR-12
Supplement to Debtors Questionnaire	MOR-12a

I declare under penalty of perjury (28 U.S.C. Section 1746) that this report and the attached documents are true and correct to the best of my knowledge and belief.

/s/ William G. Harvey	March 31 st, 2010
Signature of Authorized Individual*	Date
William G. Harvey	Executive Vice President & Chief Financial Officer
Printed Name of Authorized Individual	Title of Authorized Individual

* Authorized Individual must be an officer, director or shareholder if debtor is a corporation; a partner if debtor is a partnership; a manager or member if debtor is a limited liability company.

In re: Abitibibowater Inc., et al.,

NOTES TO THE MONTHLY OPERATING REPORT

1. Background and Basis of Presentation: On April 16, 2009 and December 21, 2009, Abitibibowater, Inc. (“ABI” or the “Company”) and certain of its U.S. and Canadian subsidiaries (collectively, the “Debtor Entities”) filed voluntary petitions in the United States Bankruptcy Court for the District of Delaware (the “U.S. Court”) seeking relief under Chapter 11 of the United States Bankruptcy Code (the “Bankruptcy Code”). On April 17, 2009, certain of the Company’s Canadian subsidiaries also filed to reorganize (the “Canadian Petition”) under the Companies’ Creditors Arrangement Act (“CCAA”) in the Superior Court of Justice in Canada, Province of Quebec, District of Montreal (the “Canadian Court”). Certain U.S. and Canadian legal entities, as well as some operations, (“Non-Debtor Affiliates”) were not included in the Chapter 11 filings and will continue to operate outside of the Chapter 11 process.

The unaudited financial statements included herein include the accounts and results of operations of the U.S. filed debtors. The information contained in this Monthly Operating Report (“MOR”) is provided to fulfill the reporting requirements set forth by the Office of the United States Trustee. All information contained herein is unaudited and subject to future adjustment.

In accordance with U.S. generally accepted accounting principles (GAAP), the Company has applied American Institute of Certified Public Accountant’s Statement of Position (“SOP”) 90-7, “Financial Reporting by Entities in Reorganization under the Bankruptcy Code” (“SOP 90-7”), in preparing the financial statements. SOP 90-7 requires that the financial statements, for periods subsequent to the Chapter 11 filing, distinguish transactions and events that are directly associated with the reorganization from the ongoing operations of the business. Accordingly, certain revenues, expenses (including professional fees), realized gains and losses and provisions for losses that are realized or incurred in the bankruptcy proceedings, are recorded in reorganization items on the accompanying unaudited statements of operations. In addition, pre-petition obligations that may be impacted by the bankruptcy reorganization process have been classified on the unaudited balance sheet at April 30th, 2010 as Liabilities Subject to Compromise.

These financial statements are not intended to be prepared in conformity with U.S. GAAP, because they do not include all of the information and footnote disclosures required by U.S. GAAP for complete financial statements. The information contained in this MOR: (a) has not been audited or reviewed by independent registered public accountants, (b) is limited to the time period indicated, and (c) is not intended to reconcile to the consolidated financial statements filed by the Company in its Annual Report on Form 1O-K for the Year ended December 31, 2009 (“2009 Form 1O-K”) filed with the Securities and Exchange Commission (“SEC”) on March 31st, 2010, or with consolidated financial statements in subsequently filed Quarterly Reports on Form 10-Q.

Preparation of the MOR requires management to make estimates and assumptions about future events that affect the reported amounts of assets, liabilities, revenues and expenses and disclosure of contingent assets and liabilities. The Company cannot determine future events and their effects with certainty, particularly while the Chapter 11 cases are proceeding. Therefore, the determination of estimates requires the exercise of judgment based on various assumptions, and other factors such as historical experience, current and expected economic conditions, and in some cases, actuarial calculations. The Company constantly reviews these significant factors and makes adjustments when appropriate.

The statement of operations and cash flows presented in the MOR for any interim period are not necessarily indicative of the results that may be expected for a full quarter, full year, or any future interim period. While every effort has been made to assure the accuracy and completeness of this MOR, errors or omissions may have inadvertently occurred and the Company reserves the right to amend the MOR as necessary. In particular, the Company is in the process of reconciling its pre-petition and post-petition liabilities, as well as its liabilities subject to compromise and not subject to compromise, and such amounts are subject to reclassification and/or adjustment in the future.

For the reasons discussed above, the Company cautions readers not to place undue reliance upon information contained in the MOR. For further information, refer to the Company’s consolidated financial statements and footnotes included in its 2009 Form 10-K filed with the SEC on March 31st, 2010 and other filings with the SEC.

2. DIP Credit Facility: In connection with the commencement of the Chapter 11 proceedings, on April 16, 2009 the Company and certain of its affiliates filed a motion with the U.S. Court seeking approval to enter into a post petition credit agreement (the “DIP Credit Agreement”). On April 17, 2009, the U.S. Court granted interim approval of the DIP Credit Agreement. Final approval of the DIP Credit Agreement was granted by the U.S. Court on June 4, 2009.

The DIP Credit Agreement, as amended, provides for a term loan in the aggregate principal amount of up to USD $360,000,000, consisting of USD $166,000,000 for term loan borrowings of the US Borrowers, and a USD $40,000,000 term loan for borrowings of Bowater Canada ( the “Initial Loan”), plus subject to further approval from the Bankruptcy Court only after notice and a further hearing, an incremental USD $154,000,000 which may be advanced after the date of this order (the Incremental Facility).

The use of proceeds under the DIP Credit Agreement may be used for: (a) working capital; (b) other general corporate purposes of the Bowater Debtors; (c) payment of any related transaction costs, fees and expenses; (d) the payment of Adequate Protection Obligations; and (e) the costs of administration of these cases. On April 20th and 21st, 2009, the company drew down the current available amount of the DIP agreement.

3. MOR-1 and MOR-1a: The detail presented in MOR-1 represents the total receipts and disbursements, taken directly from the debtors’ bank statements, for the period April 1st, 2010 through April 30th, 2010. The beginning and ending balances are also reported directly from the bank statements. Due to the nature of the debtor’s cash management system, the actual operating receipts and disbursements are captured within the numbers presented. MOR-1a breaks out the operating receipts and disbursements. Major categories of disbursements have been listed. The Company continues to refine the process by which items in the “Other” category are identified. These refinements will appear in subsequent month MORs.

4. Significant Accounting Policies: The significant accounting policies are consistent with those listed in the Company’s 2009 Form 10-K filed with the SEC on March 31^st, 2010.

5. Liabilities Subject to Compromise: SOP 90-7 requires prepetition liabilities that are subject to compromise to be reported at the amounts expected to be allowed, even if they may be settled for lesser amounts. The amounts currently classified as Liabilities Subject to Compromise may be subject to future adjustments, depending on court actions, further developments with respect to disputed claims, determinations of the secured status of certain claims, the values of any collateral securing such claims, or other events. Certain accounts included in the Liabilities Subject to Compromise may be entitled to administrative expense priority under section 503(b)(9) of the Bankruptcy Code. As of April 30th, 2010, the components of Liabilities Subject to Compromise consisted of:

Unsecured Debt	$	3,019,652,337
Accounts Payable		100,615,196
OPEB & Pension		754,098,308
Liabilities Subject to Compromise	$	3,874,365,841

Under the Bankruptcy Code, the Debtors generally must assume or reject pre-petition executory contracts, including but not limited to real property leases, subject to the approval of the Bankruptcy Courts and certain other conditions. In this context, “assumption” means that the company agrees to perform its obligations and cure all existing defaults under the contract or lease, and “rejection” means that it is relieved from its obligations to perform further under the contract or

lease, but is subject to a pre-petition claim for damages for the breach thereof subject to certain limitations. Any damages resulting from rejection of executory contracts that are permitted to be recovered under the Bankruptcy Code will be treated as Liabilities Subject to Compromise unless such claims were secured prior to the Petition Date.

Since the Petition Date, the Company has received Court approval to reject a number of leases and other executory contracts of various types. The Company is reviewing all of its executory contracts and unexpired leases to determine which additional contracts and leases it will reject. The Company expects that additional Liabilities Subject to Compromise will arise due to rejection of executory contracts, including leases, and from the determination of the U.S. Court (or agreement by parties in interest) of allowed claims for contingencies and other disputed amounts. The Company also expects that the assumption of additional executory contracts and unexpired leases will convert certain of the liabilities shown on the accompanying financial statements as subject to compromise to post-petition liabilities. Due to the uncertain nature of many of the potential claims, the Company cannot project the magnitude of such claims with any degree of certainty.

In re: Abitibibowater Inc., et al.,	Chapter 11
	Case No. 09-11296
Debtor

MOR-1

Debtors Consolidating Schedule of Receipts and Disbursements (1)

For the period of April 1, 2010 through April 30, 2010

(Dollars in Thousands)

	All Debtor’s Grand Totals			AbitibiBowater Inc. 09-11296			AbitibiBowater US Holding LLC 09-11297		Donohue Corp. 09-11298		Abitibi Consolidated Sales Corporation (ACSC) 09-11299			Abitibi- Consolidated Alabama Corporation 09-11300			Alabama River Newsprint Company (ARNC) 09-11301			Abitibi- Consolidated Corporation 09-11302			Augusta Woodlands, LLC 09-11303		Tenex Data Inc. 09-11304		Abitibi- Consolidated Finance LP 09-11305
					No Accounts			No Accounts							No Accounts											No Accounts
Beginning Cash Balance	$	464,172		$	—		$	—	$	701	$	6,439		$	—		$	1,882		$	618		$	273	$	—	$	51
Total Cash Receipts	$	838,536		$	—		$	—	$	—	$	187,923		$	—		$	1,851		$	16,217		$	—	$	—	$	—
Total Cash Disbursements	$	(807,736	)	$	—		$	—	$	—	$	(183,325	)	$	—		$	(182	)	$	(14,922	)	$	—	$	—	$	—
Ending Cash Balance	$	494,973		$	—		$	—	$	701	$	11,038		$	—		$	3,551		$	1,912		$	273	$	—	$	51
	Bowater Newsprint South LLC 09-11306			Bowater Newsprint South Operations LLC 09-11307			Bowater Finance II, LLC 09-11308		Bowater Alabama LLC 09-11309		Coosa Pines Golf Club, LLC 09-11310			Bowater Incorporated 09-11311			Catawba Property Holdings LLC 09-11312			Bowater Finance Company Inc. 09-11314			Bowater South American Holdings, Inc. 09-11315		Bowater America Inc. (BAI) 09-11316		Lake Superior Forest Products Inc. 09-11317
								No Accounts				No Accounts						No Accounts						No Accounts		No Accounts
Beginning Cash Balance	$	1		$	1		$	—	$	156	$	—		$	436,060		$	—		$	3		$	—	$	—	$	1
Total Cash Receipts	$	—		$	86		$	—	$	687	$	—		$	467,871		$	—		$	—		$	—	$	—	$	50
Total Cash Disbursements	$	—		$	(0	)	$	—	$	—	$	—		$	(448,319	)	$	—		$	—		$	—	$	—	$	(0	)
Ending Cash Balance	$	1		$	87		$	—	$	843	$	—		$	455,612		$	—		$	3		$	—	$	—	$	51

In re: Abitibibowater Inc., et al.,	Chapter 11
	Case No. 09-11296
Debtor

MOR-1 (Continued)

Debtors Consolidating Schedule of Receipts and Disbursements (1)

For the period of April 1, 2010 through April 30, 2010

(Dollars in Thousands)

	Bowater Canada Finance Corporation			Bowater Canadian Holdings Incorporated			Abitibi Bowater Canada Inc.			Bowater Canadian Forest Products Inc.			Bowater Maritimes Inc.			Bowater LaHave Corporation			Bowater Canadian Limited			Bowater Nuway Inc.			Bowater Nuway Mid- States Inc.		Bowater Ventures Inc.			Abitibi Bowater US Holding 1 Corp			ABH LLC 1		ABH Holding Company LLC
	09-11319			09-11320			09-11321			09-11322			09-11324			09-11325			09-11326			09-11328			09-11329		09-11330			09-11331			09-14485		09-14487
																									No Accounts					No Accounts					No Accounts
Beginning Cash Balance	$	2		$	664		$	0		$	16,156		$	358		$	41		$	762		$	1		$	—	$	2		$	1		$	—	$	—
Total Cash Receipts	$	—		$	—		$	2		$	163,556		$	295		$	—		$	—		$	—		$	—	$	—		$	—		$	—	$	—
Total Cash Disbursements	$	(1	)	$	(0	)	$	(0	)	$	(160,549	)	$	(434	)	$	(0	)	$	(2	)	$	(0	)	$	—	$	(0	)	$	(0	)	$	—	$	—
Ending Cash Balance	$	2		$	664		$	2		$	19,163		$	219		$	40		$	760		$	0		$	—	$	2		$	1		$	—	$	—

Notes:

(1) The debtors accounting systems are designed to provide operating reports in accordance with GAAP. The accounting systems are not designed to produce reports that are consistent with the requirements of the U.S. Trustee. As a result, the information presented in this cash flow was prepared using bank account statements as supplied to the debtors from the banks and therefore the ending cash balance on MOR-1 may not agree with the ending cash balance on MOR-6. The numbers presented in the cash flow are subject to change as additional information is made available. The information contained herein is provided to fulfill the requirements of the Office of the United States Trustee. All information contained herein is unaudited and subject to future adjustments.

(2) Receipts and disb. include cash transactions from bank stmnts., including all activity within the accounts of a Debtor, and activity to and from affiliated Debtors.

(3) All amounts are stated in U.S. Dollars. Accounts normally stated in Canadian Dollars, British Pounds, or Euros are converted to USD at the end of month exchange rates.

In re: Abitibibowater Inc., et al.,	Chapter 11
	Case No. 09-11296
Debtor:

MOR-1a

Debtors Consolidated Schedule of Receipts and Disbursements (1)

For the period of April 1, 2010 through April 30, 2010

(Dollars in Thousands)

	All Debtor’s Grand Totals		AbitibiBowater Inc. 09-11296		AbitibiBowater US Holding LLC 09-11297		Donohue Corp. 09-11298		Abitibi Consolidated Sales Corporation (ACSC) 09-11299		Abitibi Consolidated Alabama Corporation 09-11300		Alabama River Newsprint Company (ARNC) 09-11301		Abitibi- Consolidated Corporation 09-11302		Augusta Woodlands, LLC 09-11303		Tenex Data Inc. 09-11304		Abitibi- Consolidated Finance LP 09-11305		Bowater Newsprint South LLC 09-11306
Total Cash Receipts	$	340,031	$	—	$	—	$	—	$	110,825	$	—	$	1,851	$	7,694	$	—	$	—	$	—	$	—
Disbursements:
Payroll & Payroll Taxes	$	42,709	$	—	$	—	$	—	$	—	$	—	$	64	$	1,333	$	—	$	—	$	—	$	—
Non-Payroll Labor	$	6,360	$	—	$	—	$	—	$	—	$	—	$	13	$	—	$	—	$	—	$	—	$	—
Raw Materials	$	70,700	$	—	$	—	$	—	$	—	$	—	$	—	$	6,874	$	—	$	—	$	—	$	—
Utilities (6)	$	16,021	$	—	$	—	$	—	$	—	$	—	$	0	$	—	$	—	$	—	$	—	$	—
Freight	$	15,889	$	—	$	—	$	—	$	237	$	—	$	0	$	—	$	—	$	—	$	—	$	—
SG&A	$	19,677	$	—	$	—	$	—	$	726	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Supplies	$	13,729	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Rent	$	58	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Customer Rebates	$	564	$	—	$	—	$	—	$	564	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Interest	$	8,725	$	—	$	—	$	—	$	4,457	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Security Deposits	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Taxes	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Other	$	10,217	$	—	$	—	$	—	$	—	$	—	$	2	$	—	$	—	$	—	$	—	$	—
Total Cash Disbursements	$	204,647	$	—	$	—	$	—	$	5,983	$	—	$	80	$	8,206	$	—	$	—	$	—	$	—

Notes:

(1) MOR 1-a is intended to represent the operating cash flow of each debtor, including operating cash activity of each debtor as well as payments made on behalf of a debtor by an affiliated entity.

(2) MOR 1-a excludes $ 1.1 billion of intercompany cash settlements, and $13.0 million of currency exchange transactions.

(3) The debtors accounting systems are designed to provide operating reports in accordance with GAAP. The accounting systems are not designed to produce reports that are consistent with the requirements of the U.S. Trustee. As a result, the information presented in this cash flow was prepared using bank account statements as supplied to the debtors from the banks. The numbers presented in the cash flow are subject to change as additional information is made available. The information contained herein is provided to fulfill the requirements of the Office of the United States Trustee. All information contained herein is unaudited and subject to future adjustments.

(4) All amounts are stated in U.S. Dollars. Accounts normally stated in Canadian Dollars, British Pounds, or Euros have been converted to USD at end of month foreign exchange rates.

(5) The amounts listed in Other are in the process of still being identified so in the future they can be accurately shown in one of the existing disbursement categories.

In re: Abitibibowater Inc., et al.,	Chapter 11
	Case No. 09-11296
Debtor:

MOR-1a (continued)

Debtors Consolidated Schedule of Receipts and Disbursements (1)

For the period of April 1, 2010 through April 30, 2010

(Dollars in Thousands)

	Bowater Newsprint South Operations LLC		Bowater Finance II, LLC		Bowater Alabama LLC (6)		Coosa Pines Golf Club, LLC		Bowater Incorporated		Catawba Property Holdings LLC		Bowater Finance Company Inc.		Bowater South American Holdings, Inc.		Bowater America Inc. (BAI)		Lake Superior Forest Products Inc.		Bowater Canada Finance Corporation		Bowater Canadian Holdings Incorporated
	09-11307		09-11308		09-11309		09-11310		09-11311		09-11312		09-11314		09-11315		09-11316		09-11317		09-11319		09-11320
Total Cash Receipts	$	86	$	—	$	687	$	—	$	166,852	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Disbursements:
Payroll & Payroll Taxes	$	1,589	$	—	$	3,676	$	—	$	22,568	$	—	$	—	$	—	$	1,035	$	—	$	—	$	—
Non-Payroll Labor	$	410	$	—	$	1,850	$	—	$	3,198	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Raw Materials	$	473	$	—	$	6,401	$	—	$	37,077	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Utilities (6)	$	129	$	—	$	1,838	$	—	$	10,868	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Freight	$	5	$	—	$	1,611	$	—	$	8,135	$	—	$	—	$	—	$	16	$	—	$	—	$	—
SG&A	$	44	$	—	$	546	$	—	$	12,845	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Supplies	$	1,190	$	—	$	1,946	$	—	$	8,570	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Rent	$	—	$	—	$	44	$	—	$	1	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Customer Rebates	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Interest	$	—	$	—	$	—	$	—	$	2,898	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Security Deposits	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Taxes	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Other	$	2	$	—	$	57	$	—	$	1,288	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Total Cash Disbursements	$	3,842	$	—	$	17,969	$	—	$	107,447	$	—	$	—	$	—	$	1,050	$	—	$	—	$	—

Notes:

(1) MOR 1-a is intended to represent the operating cash flow of each debtor, including operating cash activity of each debtor as well as payments made on behalf of a debtor by an affiliated entity.

(2) MOR 1-a excludes $ 1.1 billion of intercompany cash settlements, and $13.0 million of currency exchange transactions.

(3) The debtors accounting systems are designed to provide operating reports in accordance with GAAP. The accounting systems are not designed to produce reports that are consistent with the requirements of the U.S. Trustee. As a result, the information presented in this cash flow was prepared using bank account statements as supplied to the debtors from the banks. The numbers presented in the cash flow are subject to change as additional information is made available. The information contained herein is provided to fulfill the requirements of the Office of the United States Trustee. All information contained herein is unaudited and subject to future adjustments.

(4) All amounts are stated in U.S. Dollars. Accounts normally stated in Canadian Dollars, British Pounds, or Euros have been converted to USD at end of month foreign exchange rates.

(5) The amounts listed in Other are in the process of still being identified so in the future they can be accurately shown in one of the existing disbursement categories.

(6) Cash disbursements for Coosa Pines and Coosa Woodlands were previously reported under Bowater, Inc. but now correctly appear under Bowater Alabama due to a change in data systems.

In re: Abitibibowater Inc., et al.,	Chapter 11
	Case No. 09-11296
Debtor:

MOR-1a (continued)

Debtors Consolidated Schedule of Receipts and Disbursements (1)

For the period of April 1, 2010 through April 30, 2010

(Dollars in Thousands)

	AbitibiBowater Canada Inc.		Bowater Canadian Forest Products Inc.		Bowater Maritimes Inc.		Bowater LaHave Corporation		Bowater Canadian Limited		Bowater Nuway Inc.		Bowater Nuway Mid-States Inc.		Bowater Ventures Inc.		AbitibiBowater US Holding1 Corp		ABH LLC 1		ABH Holding Company LLC
	09-11321		09-11322		09-11324		09-11325		09-11326		09-11328		09-11329		09-11330		09-11331		09-14485		09-14487
Total Cash Receipts	$	—	$	52,036	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Disbursements:
Payroll & Payroll Taxes	$	—	$	12,440	$	—	$	—	$	—	$	—	$	5	$	—	$	—	$	—	$	—
Non-Payroll Labor	$	—	$	888	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Raw Materials	$	—	$	19,875	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Utilities (6)	$	—	$	3,160	$	—	$	—	$	—	$	—	$	24	$	—	$	—	$	—	$	—
Freight	$	—	$	5,886	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
SG&A	$	—	$	5,515	$	—	$	—	$	—	$	—	$	0	$	—	$	—	$	—	$	—
Supplies	$	—	$	2,022	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Rent	$	—	$	13	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Customer Rebates	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Interest	$	—	$	1,371	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Security Deposits	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Taxes	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Other	$	—	$	8,868	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—
Total Cash Disbursements	$	—	$	60,039	$	—	$	—	$	—	$	—	$	30	$	—	$	—	$	—	$	—

Notes:

(1) MOR 1-a is intended to represent the operating cash flow of each debtor, including operating cash activity of each debtor as well as payments made on behalf of a debtor by an affiliated entity.

(2) MOR 1-a excludes $ 1.1 billion of intercompany cash settlements, and $13.0 million of currency exchange transactions.

(3) The debtors accounting systems are designed to provide operating reports in accordance with GAAP. The accounting systems are not designed to produce reports that are consistent with the requirements of the U.S. Trustee. As a result, the information presented in this cash flow was prepared using bank account statements as supplied to the debtors from the banks. The numbers presented in the cash flow are subject to change as additional information is made available. The information contained herein is provided to fulfill the requirements of the Office of the United States Trustee. All information contained herein is unaudited and subject to future adjustments.

(4) All amounts are stated in U.S. Dollars. Accounts normally stated in Canadian Dollars, British Pounds, or Euros have been converted to USD at end of month foreign exchange rates.

(5) The amounts listed in Other are in the process of still being identified so in the future they can be accurately shown in one of the existing disbursement categories.

In re: Abitibibowater Inc., et al.,	Chapter 11
	Case No. 09-11296
Debtor

MOR-2

Schedule of Cash Disbursements by Debtor Entity

(Dollars in Thousands)

Debtor Entity	Notes		Bankruptcy Case Number	Disbursements for the Period April 1, 2010 to April 30, 2010 (1)
AbitibiBowater Inc.	(2	)	09-11296	$	—
AbitibiBowater US Holding LLC	(2	)	09-11297	$	—
Donohue Corp.	(2	)	09-11298	$	—
Abitibi Consolidated Sales Corporation (ACSC)			09-11299	$	6
Abitibi-Consolidated Alabama Corporation	(2	)	09-11300	$	—
Alabama River Newsprint Company (ARNC)	(2	)	09-11301	$	0
Abitibi-Consolidated Corporation			09-11302	$	8
Augusta Woodlands, LLC	(2	)	09-11303	$	—
Tenex Data Inc.	(2	)	09-11304	$	—
Abitibi-Consolidated Finance LP	(2	)	09-11305	$	—
Bowater Newsprint South LLC	(2	)	09-11306	$	—
Bowater Newsprint South Operations LLC			09-11307	$	4
Bowater Finance II, LLC	(2	)	09-11308	$	—
Bowater Alabama LLC			09-11309	$	18
Coosa Pines Golf Club, LLC	(2	)	09-11310	$	—
Bowater Incorporated			09-11311	$	107
Catawba Property Holdings LLC	(2	)	09-11312	$	—
Bowater Finance Company, Inc.	(2	)	09-11314	$	—
Bowater South American Holdings, Inc.	(2	)	09-11315	$	—
Bowater America Inc. (BAI)			09-11316	$	1
Lake Superior Forest Products Inc.	(2	)	09-11317	$	—
Bowater Canada Finance Corporation	(2	)	09-11319	$	—
Bowater Canadian Holdings Incorporated	(2	)	09-11320	$	—
AbitibiBowater Canada Inc.	(2	)	09-11321	$	—
Bowater Canadian Forest Products Inc. (3)			09-11322	$	60
Bowater Maritimes Inc. (3)	(2	)	09-11324	$	—
Bowater LaHave Corporation	(2	)	09-11325	$	—
Bowater Canadian Limited	(2	)	09-11326	$	—
Bowater Nuway Inc.	(2	)	09-11328	$	—
Bowater Nuway Mid-States Inc.	(2	)	09-11329	$	0
Bowater Ventures Inc.	(2	)	09-11330	$	—
AbitibiBowater US Holding 1 Corp	(2	)	09-11331	$	—
ABH LLC 1	(2	)	09-14485	$	—
ABH Holding Company LLC	(2	)	09-14487	$	—
Total Disbursements				$	205

Notes:

(1) Disbursement amounts in the bank accounts include payments issued during the period, excluding inter-company cash settlements and transfers between accounts of $ 1.1 billion, and $ 13.0 million in currency exchange. Any disbursements made in Canadian Dollars have been converted to USD at month-end exchange rates.

(2) Indicates Debtor entities that have no disbursements or disbursements of $500 or less during the period.

re: Abitibibowater Inc.	Chapter 11
	Case No. 09-11296
Debtor

MOR-3

Schedule of Debtors Bank Account Balances

(Currency in Thousands)

	Case #	Debtor Entity	Bank Name	Bank Account Ending In:	Curr	Bank Balance @ April 30, 2010
09	11298	Donohue Corp (DNC)	Bank of America	6296	USD	$	701
09	11299	Abitibi Cons Sales Corp (ACSC)	Bank of America	1568	USD	$	8,476
09	11299	Abitibi Cons Sales Corp (ACSC)	Bank of America	1576	USD	$	559
09	11299	Abitibi Cons Sales Corp (ACSC)	Bank of America	6171	USD	$	29
09	11299	Abitibi Cons Sales Corp (ACSC)	Bank of America	2316	USD	$	132
09	11299	Abitibi Cons Sales Corp (ACSC)	Bank of America	2696	USD	$	1,842
09	11301	Alabama River Newsprint Company	Regions	8852	USD	$	1,759
09	11301	Alabama River Newsprint Company	Regions	8852-I	USD	$	1,791
09	11301	Alabama River Newsprint Company	Regions	6609	USD	$	—
09	11301	Alabama River Newsprint Company	Regions	2789	USD	$	—
09	11301	Alabama River Newsprint Company	Regions	5391	USD	$	—
09	11302	Abitibi-Consolidated Corporation	Bank of America	6482	USD	$	402
09	11302	Abitibi-Consolidated Corporation	Bank of America	9128	USD	$	725
09	11302	Abitibi-Consolidated Corporation	Bank of America	2704	USD	$	—
09	11302	Abitibi-Consolidated Corporation	Bank of America	8511	USD	$	4
09	11302	Abitibi-Consolidated Corporation	Bank of America	0430	USD	$	737
09	11302	Abitibi-Consolidated Corporation	Bank of America	0429	USD	$	23
09	11302	Abitibi-Consolidated Corporation	Bank of America	7832	USD	$	0
09	11302	Abitibi-Consolidated Corporation	Bank of America	9656	USD	$	0
09	11302	Abitibi-Consolidated Corporation	Bank of America	2388	USD	$	22
09	11303	Augusta Woodlands LLC	Wachovia	7669	USD	$	—
09	11303	Augusta Woodlands LLC	Bank of America	3020	USD	$	273
09	11305	Abitibi-Consolidated Finance LP	CIBC	4615	USD	$	51
09	11306	Bowater Newsprint South LLC	Wachovia	7229	USD	$	1
09	11307	Bowater Newsprint South Ops (BNSO)	Regions Bank	9429	USD	$	87
09	11309	Bowater Alabama (BALI)	Coosa Pines Federal Credit Union	2022	USD	$	843
09	11311	Bowater Incorporated (BI)	Wachovia	9066	USD	$	32,923
09	11311	Bowater Incorporated (BI)	Wachovia	3394	USD	$	—
09	11311	Bowater Incorporated (BI)	Wachovia	7224	USD	$	2
09	11311	Bowater Incorporated (BI)	Wachovia London	8026	USD	$	(0	)
09	11311	Bowater Incorporated (BI)	Wachovia London	8036	GBP	$	6,634
09	11311	Bowater Incorporated (BI)	Wachovia London	8166	EUR	$	8,576
09	11311	Bowater Incorporated (BI)	Bank of America	2618	USD	$	3,661
09	11311	Bowater Incorporated (BI)	Bank of America	5097	USD	$	—
09	11311	Bowater Incorporated (BI)	Wells Fargo	0687	USD	$	352
09	11311	Bowater Incorporated (BI)	Wells Fargo	3255	USD	$	—
09	11311	Bowater Incorporated (BI)	Wells Fargo	3274	USD	$	—
09	11311	Bowater Incorporated (BI)	Wells Fargo	3289	USD	$	—
09	11311	Bowater Incorporated (BI)	Wells Fargo	3293	USD	$	—
09	11311	Bowater Incorporated (BI)	Bank of New York	3002	USD	$	380,427
09	11311	Bowater Incorporated (BI)	Bank of New York	5679	USD	$	—
09	11311	Bowater Incorporated (BI)	Bank of New York	5229	USD	$	—
09	11311	Bowater Incorporated (BI)	Bank of New York	6153	USD	$	1,161
09	11311	Bowater Incorporated (BI)	Regions Bank	3536	USD	$	6
09	11311	Bowater Incorporated (BI)	BB&T	1324	USD	$	185
09	11311	Bowater Incorporated (BI)	BB&T	6446	USD	$	294
09	11311	Bowater Incorporated (BI)	SunTrust	1261	USD	$	50
09	11311	Bowater Incorporated (BI)	JPMorgan Chase	4478	USD	$	16
09	11311	Bowater Incorporated (BI)	Arrowpoint Fed CU	2195	USD	$	0
09	11311	Bowater Incorporated (BI)	Carolina First	2882	USD	$	1
09	11311	Bowater Incorporated (BI)	Wachovia	9438	USD	$	15,000

re: Abitibibowater Inc.	Chapter 11
	Case No. 09-11296
Debtor

MOR-3 (continued)

Schedule of Debtors Bank Account Balances

(Currency in Thousands)

	Case #	Debtor Entity	Bank Name	Bank Account Ending In:	Curr	Bank Balance @ April 30, 2010
09	11314	Bowater Finance Company Inc.	Wachovia	7062	USD	$	3
09	11317	Lake Superior Forest Products Inc.	Bank of America	1105	USD	$	51
09	11319	Bowater Canada Finance Corporation	Wachovia	7892	USD	$	0
09	11319	Bowater Canada Finance Corporation	Wachovia	9074	USD	$	1
09	11319	Bowater Canada Finance Corporation	Wachovia	7143	USD	$	1
09	11320	Bowater Canadian Holdings Incorporated	Wachovia	9382	USD	$	651
09	11320	Bowater Canadian Holdings Incorporated	Toronto Dominion	5387	CAD	$	12
09	11321	AbitibiBowater Canada Inc.	Wachovia	7711	USD	$	2
09	11322	Bowater Canadian Forest Products (BCFPI)	Bank of Montreal	0135	USD	$	3,777
09	11322	Bowater Canadian Forest Products (BCFPI)	Bank of Montreal	2181	CAD	$	3,990
09	11322	Bowater Canadian Forest Products (BCFPI)	Bank of Montreal	0811	CAD	$	15
09	11322	Bowater Canadian Forest Products (BCFPI)	Bank of Montreal	5945	CAD	$	—
09	11322	Bowater Canadian Forest Products (BCFPI)	Bank of Montreal	8611	CAD	$	—
09	11322	Bowater Canadian Forest Products (BCFPI)	Bank of Montreal	5990	USD	$	230
09	11322	Bowater Canadian Forest Products (BCFPI)	Bank of Montreal	9511	CAD	$	1,040
09	11322	Bowater Canadian Forest Products (BCFPI)	Bank of Montreal	7609	CAD	$	1,872
09	11322	Bowater Canadian Forest Products (BCFPI)	Bank of Montreal	1445	USD	$	485
09	11322	Bowater Canadian Forest Products (BCFPI)	Bank of Montreal	2392	USD	$	583
09	11322	Bowater Canadian Forest Products (BCFPI)	Toronto Dominion	4845	USD	$	570
09	11322	Bowater Canadian Forest Products (BCFPI)	Toronto Dominion	6782	CAD	$	3,131
09	11322	Bowater Canadian Forest Products (BCFPI)	Toronto Dominion	9460	CAD	$	—
09	11322	Bowater Canadian Forest Products (BCFPI)	Toronto Dominion	9428	CAD	$	—
09	11322	Bowater Canadian Forest Products (BCFPI)	Toronto Dominion	9444	CAD	$	—
09	11322	Bowater Canadian Forest Products (BCFPI)	Toronto Dominion	7762	CAD	$	—
09	11322	Bowater Canadian Forest Products (BCFPI)	Toronto Dominion	8039	CAD	$	—
09	11322	Bowater Canadian Forest Products (BCFPI)	Toronto Dominion	3089	CAD	$	312
09	11322	Bowater Canadian Forest Products (BCFPI)	Toronto Dominion	7746	CAD	$	—
09	11322	Bowater Canadian Forest Products (BCFPI)	Toronto Dominion	7754	CAD	$	—
09	11322	Bowater Canadian Forest Products (BCFPI)	Bank of America	0351	USD	$	590
09	11322	Bowater Canadian Forest Products (BCFPI)	Bank of America	3801	USD	$	—
09	11322	Bowater Canadian Forest Products (BCFPI)	Bank of America	0364	USD	$	302
09	11322	Bowater Canadian Forest Products (BCFPI)	Banque Nationale du Canada	0027	CAD	$	464
09	11322	Bowater Canadian Forest Products (BCFPI)	Bank of Nova Scotia	5412	CAD	$	1
09	11322	Bowater Canadian Forest Products (BCFPI)	Bank of Nova Scotia	4114	CAD	$	401
09	11322	Bowater Canadian Forest Products (BCFPI)	Wachovia	9531	USD	$	0
09	11322	Bowater Canadian Forest Products (BCFPI)	Wachovia London	8036	GBP	$	704
09	11322	Bowater Canadian Forest Products (BCFPI)	Lloyds of London	2394	GBP	$	325
09	11322	Bowater Canadian Forest Products (BCFPI)	Lloyds of London	9992	GBP	$	15
09	11324	Bowater Maritime Inc (DAL)	Bank of Montreal	5982	USD	$	66
09	11324	Bowater Maritime Inc (DAL)	Bank of Montreal	5889	CAD	$	156
09	11324	Bowater Maritime Inc (DAL)	Bank of Montreal	8603	CAD	$	—
09	11325	Bowater LaHave Corporation	Wachovia	6638	USD	$	40
09	11326	Bowater Canadian Limited	CIBC	5917	CAD	$	20
09	11326	Bowater Canadian Limited	CIBC	6918	CAD	$	753
09	11328	Bowater Nuway Inc (BEN)	Wachovia	6806	USD	$	0
09	11330	Bowater Ventures Inc	Wachovia	9612	USD	$	1
09	11330	Bowater Ventures Inc	Wachovia	7148	USD	$	1
09	11331	AbitibiBowater US Holding 1 Corp	Wachovia	9155	USD	$	1

In re: Abitibibowater Inc., et al.,	Chapter 11
	Case No. 09-11296
Debtor

MOR-4

Schedule of Professional Fees and Expenses Paid (1)

For the Period April 1, 2010 to April 30, 2010

Professional Firm	Amount Paid This Period		Cumulative Amount Paid
Paul, Weiss, Rifkind, Wharton & Garrison LLP	$	543,743	$	6,734,990
Young Conaway Stargatt & Taylor, LLP			$	862,156
Deloitte Tax LLP	$	478,745	$	1,752,782
Ernst & Young LLP	$	44,454	$	780,107
Troutman Sanders LLP	$	59,536	$	1,156,630
PricewaterhouseCoopers LLP, U.S.			$	1,282,254
Huron Consulting LLC	$	146,922	$	3,138,895
Blackstone Advisory Services L.P.	$	546,306	$	3,550,822
Hogan Hartson LLP			$	69,220
			$	—
Totals	$	1,819,706	$	19,327,856
Notes:
(1)    Professional fees include payments to professionals or consultants not in the ordinary course.

In re: Abitibibowater Inc., et al.,	Chapter 11
	Case No. 09-11296
Debtor

MOR-5

Declaration Regarding the Reconciliation of the Debtors’ Bank Accounts

As of April 30^th, 2010

William G. Harvey hereby declares under penalty of perjury:

1. I am the Executive Vice President and Chief Financial Officer for Abitibibowater Inc, et al., the above-captioned debtors and debtors in possession (collectively, the “Debtors”). I am familiar with the Debtors’ day-to-day operations, business, affairs and books and records.

2. I am authorized to submit this Declaration of behalf of the Debtors.

3. I hereby certify that the bank accounts of the Debtor and all affiliated Debtors are reconciled on a regular and timely basis.

Dated: May 31st , 2010	Respectfully submitted,
	/s/ William G. Harvey
	By:	William G. Harvey
	Title:	Executive Vice President & Chief Financial Officer

In re: Abitibibowater Inc., et al.,	Chapter 11
	Case No. 09-11296
Debtor

MOR-6

Debtor Consolidating Balance Sheet

As of April 30^th, 2010

	AbitibiBowater Inc.		AbitibiBowater US Holding LLC		Donohue Corp.		Abitibi Consolidated Sales Corporation		Abitibi- Consolidated Alabama Corporation		Alabama River Newsprint Company		Abitibi- Consolidated Corporation		Augusta Woodlands, LLC		Tenex Data Inc.	Abitibi- Consolidated Finance LP		Bowater Newsprint South LLC
	09-11296		09-11297		09-11298		09-11299		09-11300		09-11301		09-11302		09-11303		09-11304	09-11305		09-11306
ASSETS
Cash and Cash Equivalents	—		—		701,342		1,987,556		—		1,759,105		348,484		273,430		—	51,047		—
Receivables Net	—		—		—		10,236,323		4,524,305		582,713		11,323,797		—		—	—		—
Inventories	—		—		—		27,806,999		—		916,945		1,516,341		—		—	—		—
Prepaid Expense and Other	—		—		—		447,716		—		45,397		1,312,558		—		—	—		—
Note Receivables from Affiliates	377,858,469		—		515,069,986		262,576,119		—		—		92,000,000		—		—	36,310,682		—
Income Tax Receivable	—		—		—		—		—		—		—		—		—	—		—
Deferred Income Taxes	—		—		—		—		—		—		—		—		—	—		—
Total Current Assets	377,858,469		—		515,771,328		303,054,713		4,524,305		3,304,160		106,501,180		273,430		—	36,361,729		—
Plant and Equipment	—		—		—		8,893,386		898,483		14,942,658		42,756,736		24,877		—	—		—
Less Accumulated Depreciation	—		—		—		(7,921,497	)	(898,483	)	(9,443,688	)	(11,264,109	)	—		—	—		—
Plant and Equipment - Net	—		—		—		971,889		—		5,498,970		31,492,627		24,877		—	—		—
Goodwill / Intangible Assets	—		—		—		31,916		—		—		34,315		—		—	—		—
Investment in Subsidiaries	3,155,282,839		688,900,001		1,257,832,309		442,700,623		36,002,166		—		31,483,052		—		—	—		—
Other Assets	11,903,520		990		—		15,570,194		—		—		43,959,222		—		—	—		—
Total Assets	3,545,044,828		688,900,991		1,773,603,637		762,329,335		40,526,471		8,803,130		213,470,396		298,307		—	36,361,729		—
LIABILITIES AND SHAREHOLDERS’ EQUITY
Trade Accounts Payable	—		—		—		2,955,543		(4,257,261	)	(1,677,042	)	6,285,984		(2	)	—	—		—
Accrued Liabilites	7,020,258		—		(40,990,993	)	90,903,627		(7,269	)	400,769		18,475,216		—		—	—		—
Current Portion of Long Term Debt	—		—		—		—		—		—		—		—		—	—		—
Due to Affiliates	94,921,001		—		35,711,059		(88,543,545	)	(12,423,951	)	(198,432	)	344,405,874		(4,371,680	)	—	(14,270,771	)	24,800,000
Income Tax Payable	(30,588,546	)	(11,987,501	)	9,284,916		597,778		(3,999,490	)	—		(5,535,918	)	(17,890	)	—	—		—
Total Current Liabilities	71,352,713		(11,987,501	)	4,004,982		5,913,403		(20,687,971	)	(1,474,705	)	363,631,156		(4,389,572	)	—	(14,270,771	)	24,800,000
Long Term Debt	—		—		—		—		—		—		—		—		—	—		—
Reclassification to Current Portion	—		—		—		—		—		—		—		—		—	—		—
Long Term Debt Net of Current Installments	—		—		—		—		—		—		—		—		—	—		—
Loans from Affiliates	—		—		—		—		—		—		—		—		—	—		—
Other Liabilities	1		—		—		19,292,993		(1	)	(4,801,200	)	112,980,650		—		—	1		2,000,000
Deferred Income Taxes	(1,670,339	)	(11,797,935	)	(135,769,440	)	(41,114,383	)	26,782,890		—		(202,989,475	)	—		—	—		77,447,000
Liabilities Subject to Compromise
Debt	296,279,094		—		—		—		—		—		—		—		—	8,864,694		—
Debt Affiliate	725,156,300		787,337,635		—		468,375,376		262,575,505		—		—		—		—	—		—
Accounts Payable	—		—		—		6,803,104		—		3,405,382		4,743,231		—		—	—		—
Other	3,720,827		—		—		129,576,183				25,584,341		5,706,582		—		—	—		—
Total Liabilities	1,094,838,596		763,552,199		(131,764,458	)	588,846,676		268,670,423		22,713,818		284,072,144		(4,389,572	)	—	(5,406,076	)	104,247,000
Shareholder Equity—Net	2,450,206,232		(74,651,208	)	1,905,368,095		173,482,659		(228,143,952	)	(13,910,688	)	(70,601,748	)	4,687,879		—	41,767,805		(104,247,000	)
Total Liabilities and Shareholders’ Equity	3,545,044,828		688,900,991		1,773,603,637		762,329,335		40,526,471		8,803,130		213,470,396		298,307		—	36,361,729		—

NOTE: The information contained herein is provided to fulfill the requirements of the Office of the U. S Trustee. All information is unaudited and subject to further adjustment

In re: Abitibibowater Inc., et al.,	Chapter 11
	Case No. 09-11296
Debtor

MOR-6 (continued)

Debtor Consolidating Balance Sheet

As of April 30th, 2010

	Bowater Newsprint South Operations LLC		Bowater Finance II LLC	Bowater Alabama LLC		Coosa Pines Golf Club LLC		Bowater Incorporated		Catawba Property Holdings LLC	Bowater Finance Company Inc.		Bowater South American Holdings Inc.	Bowater America Inc.		Lake Superior Forest Products Inc.		Bowater Canada Finance Corporation		Bowater Canadian Holdings Incorporated
	09-11307		09-11308	09-11309		09-11310		09-11311		09-11312	09-11314		09-11315	09-11316		09-11317		09-11319		09-11320
ASSETS
Cash and Cash Equivalents	87,316		—	843,181		—		433,616,942		—	2,714		—	—		50,606		428		663,789
Receivables Net	12,783,757		—	11,079,286		—		79,360,392		—	—		—	116,526,899		—		—		—
Inventories	9,998,845		—	38,072,625		—		97,520,981		—	—		—	(542,924	)	—		—		—
Prepaid Expense and Other	1,563,376		—	4,534,168		—		23,920,113		—	—		—	—		—		—		—
Note Receivables from Affiliates	—		—	—		—		1,056,155,768		—	30,060,355		—	—		—		—		46,803,833
Income Tax Receivable	—		—	—		—		—		—	—		—	—		—		—		—
Deferred Income Taxes	—		—	—		—		—		—	—		—	—		—		—		—
Total Current Assets	24,433,294		—	54,529,260		—		1,690,574,196		—	30,063,069		—	115,983,975		50,606		428		47,467,622
Plant and Equipment	376,979,738		—	463,867,607		1,792,022		2,592,055,170		—	—		—	3,403,000		—		—		—
Less Accumulated Depreciation	(199,253,276	)	—	(215,949,149	)	(1,537,791	)	(1,939,667,484	)	—	—		—	(3,403,000	)	—		—		—
Plant and Equipment - Net	177,726,462		—	247,918,458		254,231		652,387,686		—	—		—	—		—		—		—
Goodwill / Intangible Assets	—		—	—		—		—		—	—		—	9,100,000		—		—		—
Investment in Subsidiaries	—		—	—		—		2,624,217,961		—	(3,010,119	)	—	9,342,497		87,120,061		818,915,994		2,789,462,558
Other Assets	—		—	—		—		60,951,174		—	—		—	—		—		1,225,459		—
Total Assets	202,159,756		—	302,447,718		254,231		5,028,131,017		—	27,052,950		—	134,426,472		87,170,667		820,141,881		2,836,930,180
LIABILITIES AND SHAREHOLDERS’ EQUITY
Trade Accounts Payable	1,447,634		—	5,709,136		—		27,813,232		—	—		—	2,118,654		—		—		—
Accrued Liabilites	3,561,881		—	10,371,513		10,150		67,445,815		—	—		—	1,181,271		(11,980,000	)	—		(425,939	)
Current Portion of Long Term Debt	—		—	—		—		163,894,737		—	—		—	—		—		—		—
Due to Affiliates	21,101,206		—	(131,946,379	)	(267,040	)	(794,031,825	)	—	(11,188	)	—	730,834,945		77,063,005		490,571		1,346,656
Income Tax Payable	—		—	—		—		43,129,290		—	—		—	—		—		—		(1	)
Total Current Liabilities	26,110,721		—	(115,865,730	)	(256,890	)	(491,748,751	)	—	(11,188	)	—	734,134,870		65,083,005		490,571		920,716
Long Term Debt	—		—	—		—		—		—	—		—	—		—		—		—
Reclassification to Current Portion	—		—	—		—		—		—	—		—	—		—		—		—
Long Term Debt Net of Current Installments	—		—	—		—		—		—	—		—	—		—		—		—
Loans from Affiliates	—		—	—		—		—		—	—		—	—		—		—		—
Other Liabilities	127,682		—	976,742		—		(31,588,862	)	—	(1	)	—	(1	)	1		(2	)	1
Deferred Income Taxes	(5,396,946	)	—	56,995,190		(55,865	)	4,330,121		—	—		—	3,360,062		10,063,421		29,132,351		—
Liabilities Subject to Compromise
Debt	4,583,540		—	—		—		1,610,903,016		—	—		—	—		—		676,178,440		—
Debt Affiliate	—		—	—		—		506,918,541		—	—		—	—		—		—		108,127,642
Accounts Payable	2,431,311		—	12,485,901		—		33,869,601		—	—		—	—		—		—		—
Other	9,072,862		—	62,663,847		6		308,058,351		—	—		—	—		—		—		—
Total Liabilities	36,929,170		—	17,255,950		(312,749	)	1,940,742,017		—	(11,189	)	—	737,494,931		75,146,427		705,801,360		109,048,359
Shareholder Equity - Net	165,230,586		—	285,191,768		566,980		3,087,389,000		—	27,064,139		—	(603,068,459	)	12,024,240		114,340,521		2,727,881,821
Total Liabilities and Shareholders’ Equity	202,159,756		—	302,447,718		254,231		5,028,131,017		—	27,052,950		—	134,426,472		87,170,667		820,141,881		2,836,930,180

NOTE: The information contained herein is provided to fulfill the requirements of the Office of the U. S Trustee. All information is unaudited and subject to further adjustment

In re: Abitibibowater Inc., et al.,	Chapter 11
	Case No. 09-11296
Debtor

MOR-6 (continued)

Debtor Consolidating Balance Sheet

As of April 30^th, 2010

	AbitibiBowater Canada Inc.		Bowater Canadian Forest Products Inc.		Bowater Maritimes Inc.		Bowater LaHave Corporation		Bowater Canadian Limited		Bowater Nuway Inc.		Bowater Nuway Mid-states Inc.		Bowater Ventures Inc.	AbitibiBowater US Holding 1 Corp.	ABH LLC 1	ABH Holding Company LLC	Grand Total
	09-11321		09-11322		09-11324		09-11325		09-11326		09-11328		09-11328		09-11330	09-11331	09-14485	09-14487
ASSETS
Cash and Cash Equivalents	3,362		15,794,021		196,176		40,565		759,805		355		—		1,284	—	—	—	457,181,508
Receivables Net	—		78,499,421		56,939		—		—		—		—		—	—	—	—	324,973,832
Inventories	—		96,623,193		226,805		—		—		—		136,211		—	—	—	—	272,276,021
Prepaid Expense and Other	—		3,798,149		(750	)	—		—		—		87,135		—	—	—	—	35,707,862
Note Receivables from Affiliates	—		485,819,839		—		—		—		482,838,923		—		—	—	250,919,443	—	3,636,413,417
Income Tax Receivable	—		—		—		—		—		—		—		—	—	—	—	—
Deferred Income Taxes	—		—		—		—		—		—		—		—	—	—	—	—
Total Current Assets	3,362		680,534,623		479,170		40,565		759,805		482,839,278		223,346		1,284	—	250,919,443	—	4,726,552,640
																			—
Plant and Equipment	—		1,710,165,910		7,259,074		—		—		—		21,390,029		—	—	—	—	5,244,428,690
Less Accumulated Depreciation	—		(1,217,748,248	)	(2,187,378	)	—		—		—		(18,488,095	)	—	—	—	—	(3,627,762,198	)
Plant and Equipment - Net	—		492,417,662		5,071,696		—		—		—		2,901,934		—	—	—	—	1,616,666,492
Goodwill / Intangible Assets	—		46,899,000		—		—		—		—		—		—	—	—	—	56,065,231
Investment in Subsidiaries	1,641,734,485		966,863,513		—		79,809,309		7,646,956		5,100,000		—		820,283	—	—	250,919,443	14,891,143,931
Other Assets	—		119,013,507		(23,496,163	)	—		—		—		—		—	—	—	—	229,127,903
Total Assets	1,641,737,847		2,305,728,305		(17,945,297	)	79,849,874		8,406,761		487,939,278		3,125,280		821,567	—	250,919,443	250,919,443	21,519,556,197
LIABILITIES AND SHAREHOLDERS’ EQUITY
Trade Accounts Payable	—		751,779		6,581		—		—		1		601		—	—	—	—	41,154,840
Accrued Liabilites	5,987		86,037,799		686,579		—		—		15,809		77,894		—	—	—	—	232,790,367
Current Portion of Long Term Debt	—		42,105,263		—		—		—		—		—		—	—	—	—	206,000,000
Due to Affiliates	6,075,765		(157,372,488	)	50,738,576		—		14,735		(2,068,850	)	73,613,057		128,110	—	—	—	255,738,411
Income Tax Payable	1		547,336		155		—		118,626		—		—		—	—	—	—	1,548,756
Total Current Liabilities	6,081,753		(27,930,311	)	51,431,891		—		133,361		(2,053,040	)	73,691,552		128,110	—	—	—	737,232,374
Long Term Debt	—		—		—		—		—		—		—		—	—	—	—	—
Reclassification to Current Portion	—		—		—		—		—		—		—		—	—	—	—	—
Long Term Debt Net of Current Installments	—		—		—		—		—		—		—		—	—	—	—	—
Loans from Affiliates	—		—		—		—		—		—		—		—	—	—	—	—
Other Liabilities	(1	)	76,694,851		(27,907,633	)	—		(1	)	(2	)	94,601		—	—	—	—	147,869,819
Deferred Income Taxes	22,310,841		35,407		137,199		—		(116,166	)	(794,126	)	8,388,413		—	—	—	—	(160,721,780	)
Liabilities Subject to Compromise
Debt	—		422,843,553		—		—		—		—		—		—	—	—	—	3,019,652,337
Debt Affiliate	329,334,714		366,849,029		156,480,557		—		—		—		—		—	—	—	—	3,711,155,299
Accounts Payable	—		35,411,949		1,333,355		—		—		50,347		81,015		—	—	—	—	100,615,196
Other	—		166,415,187		43,227,303		(1	)	—		(3	)	72,823		—	—	—	—	754,098,308
Total Liabilities	357,727,307		1,040,319,665		224,702,672		(1	)	17,194		(2,796,824	)	82,328,404		128,110	—	—	—	8,309,901,553
Shareholder Equity - Net	1,284,010,540		1,265,408,640		(242,647,969	)	79,849,875		8,389,567		490,736,102		(79,203,124	)	693,457	—	250,919,443	250,919,443	13,209,654,644
Total Liabilities and Shareholders’ Equity	1,641,737,847		2,305,728,305		(17,945,297	)	79,849,874		8,406,761		487,939,278		3,125,280		821,567	—	250,919,443	250,919,443	21,519,556,197

NOTE: The information contained herein is provided to fulfill the requirements of the Office of the U. S Trustee. All information is unaudited and subject to further adjustments

In re: Abitibibowater Inc., et al.,	Chapter 11
	Case No. 09-11296
Debtor

MOR-7

Debtor Consolidating Statement of Operations

For the Period April 1^st, 2010 to April 30^th, 2010

	AbitibiBowater Inc.		AbitibiBowater US Holding LLC		Donohue Corp.		Abitibi Consolidated Sales Corporation		Abitibi- Consolidated Alabama Corporation		Alabama River Newsprint Company		Abitibi- Consolidated Corporation		Augusta Woodlands, LLC	Tenex Data Inc.	Abitibi- Consolidated Finance LP		Bowater Newsprint South LLC
	09-11296		09-11297		09-11298		09-11299		09-11300		09-11301		09-11302		09-11303	09-11304	09-11305		09-11306
Statement of Operations
Sales - Net	—		—		—		110,862,886		—		(40,639	)	(49,948	)	—	—	—		—
Cost of Sales	—		—		—		110,385,313		—		(51,760	)	307,293		—	—	—		—
Gross Profit (Loss)	—		—		—		477,573		—		11,121		(357,241	)	—	—	—		—
Operating Expenses
Selling, General and Administrative	812,333		—		2,500		(9,213,105	)	1,250		—		—		—	—	—		—
Research and Development	—		—		—		—		—		—		—		—	—	—		—
Restructuring and other Costs	—		—		—		(13,334	)	—		1,030		(702,763	)	—	—	—		—
Total Operating Expenses	812,333		—		2,500		(9,226,439	)	1,250		1,030		(702,763	)	—	—	—		—
Operating Income (Loss)	(812,333	)	—		(2,500	)	9,704,012		(1,250	)	10,091		345,522		—	—	—		—
Interest Income (Expense)	—		—		1,011,312		(905,982	)	—		141		(1,911	)	—	—	(52,114	)	—
Other Income (Expense) Net	40,666		(3	)	—		5,626,084		—		42,610		(1,528	)	—	—	881		—
Equity in Earnings of Subs	—		—		—		—		—		—		—		—	—	—		—
Income Before Taxes	(771,667	)	(3	)	1,008,812		14,424,114		(1,250	)	52,842		342,083		—	—	(51,233	)	—
Income Tax Expense	—		—		—		—		—		—		—		—	—	—		—
Net Income before Discontinued Operations	(771,667	)	(3	)	1,008,812		14,424,114		(1,250	)	52,842		342,083		—	—	(51,233	)	—
Discontinued Operations	—		—		—		—		—		—		—		—	—	—		—
Net Income (Loss)	(771,667	)	(3	)	1,008,812		14,424,114		(1,250	)	52,842		342,083		—	—	(51,233	)	—

NOTE 1: The information contained herein is provided to fulfill the requirements of the Office of the U. S Trustee. All information is unaudited and subject to further adjustments.

In re: Abitibibowater Inc., et al.,	Chapter 11
	Case No. 09-11296
Debtor

MOR-7 (continued)

Debtor Consolidating Statement of Operations

For the Period April 1^st, 2010 to April 30^th, 2010

	Bowater Newsprint South Operations LLC		Bowater Finance II LLC	Bowater Alabama LLC		Coosa Pines Golf Club LLC		Bowater Incorporated		Catawba Property Holdings LLC	Bowater Finance Company Inc.	Bowater South American Holdings Inc.	Bowater America Inc.	Lake Superior Forest Products Inc.		Bowater Canada Finance Corporation		Bowater Canadian Holdings Incorporated
	09-11307		09-11308	09-11309		09-11310		09-11311		09-11312	09-11314	09-11315	09-11316	09-11317		09-11319		09-11320
Statement of Operations
Sales - Net	10,635,103		—	18,127,373		—		74,630,167		—	—	—	82,684,408	—		—		—
Cost of Sales	10,752,659		—	18,641,291		(3,112	)	65,683,337		—	—	—	81,864,611	—		—		—
Gross Profit (Loss)	(117,556	)	—	(513,918	)	3,112		8,946,830		—	—	—	819,797	—		—		—
Operating Expenses
Selling, General and Administrative	16,094		—	70,784		—		3,589,142		—	—	—	54,028	—		—		—
Research and Development	—		—	—		—		—		—	—	—	—	—		—		—
Restructuring and other Costs	—		—	—		—		3,213,467		—	—	—	—	—		—		—
Total Operating Expenses	16,094		—	70,784		—		6,802,609		—	—	—	54,028	—		—		—
Operating Income (Loss)	(133,650	)	—	(584,702	)	3,112		2,144,221		—	—	—	765,769	—		—		—
Interest Income (Expense)	(540	)	—	(146	)	—		(4,028,085	)	—	—	—	—	(17	)	(3,975,179	)	(569,496	)
Other Income (Expense) Net	54,892		—	55,578		—		(536,719	)	—	—	—	72,335	47,089		72,353		22,951
Equity in Earnings of Subs	—		—	—		—		—		—	—	—	—	(509,200	)	—		—
Income Before Taxes	(79,298	)	—	(529,270	)	3,112		(2,420,583	)	—	—	—	838,104	(462,128	)	(3,902,826	)	(546,545	)
Income Tax Expense	—		—	—		—		—		—	—	—	31,667	—		—		—
Net Income before Discontinued Operations	(79,298	)	—	(529,270	)	3,112		(2,420,583	)	—	—	—	869,771	(462,128	)	(3,902,826	)	(546,545	)
Discontinued Operations	—		—	—		—		—		—	—	—	—	—		—		—
Net Income (Loss)	(79,298	)	—	(529,270	)	3,112		(2,420,583	)	—	—	—	869,771	(462,128	)	(3,902,826	)	(546,545	)

NOTE 1: The information contained herein is provided to fulfill the requirements of the Office of the U. S Trustee. All information is unaudited and subject to further adjustments.

In re: Abitibibowater Inc., et al.,	Chapter 11
	Case No. 09-11296
Debtor

MOR-7 (continued)

Debtor Consolidating Statement of Operations

For the Period April 1^st to April 30^th, 2010

	AbitibiBowater Canada Inc.		Bowater Canadian Forest Products Inc.		Bowater Maritimes Inc.		Bowater LaHave Corporation		Bowater Canadian Limited		Bowater Nuway Inc.		Bowater Nuway Mid-states Inc.		Bowater Ventures Inc.		AbitibiBowater US Holding 1 Corp.	ABH LLC 1	ABH Holding Company LLC	Grand Total
	09-11321		09-11322		09-11324		09-11325		09-11326		09-11328		09-11328		09-11330		09-11331	09-14485	09-14487
Statement of Operations
Sales - Net	—		52,521,499		777		—		—		—		(26,808	)	—		—	—	—	349,344,818
Cost of Sales	—		54,118,151		136,472		—		—		185,788		59,401		—		—	—	—	342,079,444
Gross Profit (Loss)	—		(1,596,652	)	(135,695	)	—		—		(185,788	)	(86,209	)	—		—	—	—	7,265,374
Operating Expenses																				—
Selling, General and Administrative	—		1,744,018		—		—		—		—		1,388		—		—	—	—	(2,921,568	)
Research and Development	—		—		—		—		—		—		—		—		—	—	—	—
Restructuring and other Costs	—		2,754,082		—		—		—		—		—		—		—	—	—	5,252,482
Total Operating Expenses	—		4,498,100		—		—		—		—		1,388		—		—	—	—	2,330,914
																				—
Operating Income (Loss)	—		(6,094,752	)	(135,695	)	—		—		(185,788	)	(87,597	)	—		—	—	—	4,934,460
																				—
Interest Income (Expense)	(31	)	(3,331,820	)	(425,635	)	(464	)	(5	)	—		—		(32	)	—	—	—	(12,280,004	)
Other Income (Expense) Net	69,035		1,396,015		1,306,890		—		—		(890	)	185		—		—	—	—	8,268,424
Equity in Earnings of Subs	—		4,216		—		—		—		—		—		—		—	—	—	(504,984	)
Income Before Taxes	69,004		(8,026,341	)	745,560		(464	)	(5	)	(186,678	)	(87,412	)	(32	)	—	—	—	417,896
																				—
Income Tax Expense	—		—		—		—		—		—		—		—		—	—	—	31,667
																				—
Net Income before Discontinued Operations	69,004		(8,026,341	)	745,560		(464	)	(5	)	(186,678	)	(87,412	)	(32	)	—	—	—	449,563
Discontinued Operations	—		—		—		—		—		—		—		—		—	—	—	—
Net Income (Loss)	69,004		(8,026,341	)	745,560		(464	)	(5	)	(186,678	)	(87,412	)	(32	)	—	—	—	449,563

NOTE 1: The information contained herein is provided to fulfill the requirements of the Office of the U. S Trustee. All information is unaudited and subject to further adjustments.

In re: Abitibibowater Inc., et al.,	Chapter 11
	Case No. 09-11296
Debtor

MOR-8

Declaration Regarding the Status of Post-Petition Taxes of the Debtors As of April 30^th, 2010

Joseph B. Johnson hereby declares under penalty of perjury:

1. I am the Senior Vice President, Finance and Chief Accounting Officer for Abitibibowater Inc, et al., the above-captioned debtors and debtors in possession (collectively, the “Debtors”). I am familiar with the Debtors’ day-to-day operations, business, affairs and books and records.

2. I am authorized to submit this Declaration of behalf of the Debtors.

3. To the best of my knowledge, I certify that the Debtor and all affiliated Debtors have paid all taxes from April 1^st, 2010, through April 30^th, 2010, the end of this reporting period.

Dated: May 31st, 2010	Respectfully submitted,
	/s/ Joseph B. Johnson
	By:	Joseph B. Johnson
	Title:	Senior Vice President, Finance and Chief Accounting Officer

In re: Abitibibowater Inc., et al.,	Chapter 11
	Case No. 09-11296
Debtor

MOR-9

Combined Listing of Post-Petition Aged Accounts Payable

As of April 30^th, 2010

(Dollars in Thousands)

			Number of Days Outstanding
	Notes			0-30		31-60		61-90		Over 90		Totals
Accounts Payable	(1	)	$	33,459	$	5,227	$	1,729	$	741	$	41,155
Total Post-Petition Payables			$	33,459	$	5,227	$	1,729	$	741	$	41,155

Notes:

(1) The post-petition accounts payable reported represents open and outstanding trade vendor invoices, based on invoice date, that have been entered into the Debtors’ accounts payable system. These amounts do not include any payables based on accruals for which invoices have not been received nor services performed.

In re: Abitibibowater Inc., et al.,	Chapter 11
	Case No. 09-11296
Debtor

MOR-10

Combined Listing of Aged Accounts Receivable

As of April 30^th , 2010

(Dollars in Thousands)

						Number of Days Outstanding
	Notes			Current			1-30			31-60			61-90			Over 90			Totals
Accounts Receivable	(1	)	$	220,606		$	25,087		$	3,545		$	2,727		$	20,724			272,690
Other Receivables	(2	)	$	37,398		$	—		$	—		$	—		$	14,886		$	52,284
Totals	(3	)	$	258,004		$	25,087		$	3,545		$	2,727		$	35,610		$	324,974
				79.4	%		7.7	%		1.1	%		0.8	%		11.0	%		100.0	%

Notes:

(1) All amounts have been converted to U.S. Dollars.

(2) Other receivables primarily include:

-A/R Excise/Commodity Taxes - $7.1 million

-A/R Roads/Land Refurb Credit - $15.0 million

-Other A/R miscellaneous items - $30.2 million

In re: Abitibibowater Inc., et al.,	Chapter 11
	Case No. 09-11296
Debtor

MOR - 11

Summary of Debtors Post-Petition Intercompany Receivables and Payables

(Dollars in Thousands)

		March 31, 2010									April 30, 2010									Change
Case #	Debtor Entity	Intercompany Balances			Intercompany Notes			Total			Intercompany Balances			Intercompany Notes			Total			Intercompany Balances			Intercompany Notes			Total
09-11296	AbitibiBowater Incorporated		(94,190	)		(347,298	)		(441,488	)		(94,921	)		(347,298	)		(442,219	)		(731	)		—			(731	)
09-11297	AbitibiBowater US Holding LLC		—			(787,338	)		(787,338	)		—			(787,338	)		(787,338	)		—			—			—
09-11298	Donohue Corp.		(36,016	)		535,135			499,120			(38,557	)		536,146			497,589			(2,541	)		1,011			(1,530	)
09-11299	Abitibi Consolidated Sales Corporation		87,911			(190,741	)		(102,829	)		88,544			(191,752	)		(103,208	)		632			(1,011	)		(379	)
09-11300	Abitibi-Consolidated Alabama Corporation		12,582			(262,606	)		(250,024	)		12,622			(262,606	)		(249,983	)		41			—			41
09-11301	Alabama River Newsprint Company		—			—			—			—			—			—			—			—			—
09-11302	Abitibi-Consolidated Corporation		(304,937	)		52,000			(252,937	)		(304,406	)		54,541			(249,864	)		531			2,541			3,073
09-11303	Augusta Woodlands, LLC		4,372			40,000			44,372			4,372			37,459			41,830			—			(2,541	)		(2,541	)
09-11304	Tenex Data Inc.		—			—			—			—			—			—			—			—			—
09-11305	Abitibi- Consolidated Finance LP		14,271			36,313			50,584			14,271			36,310			50,581			(0	)		(3	)		(3	)
09-11306	Bowater Newsprint South LLC		(23,500	)		—			(23,500	)		(24,800	)		—			(24,800	)		(1,300	)		—			(1,300	)
09-11307	Bowater Newsprint South Operations LLC		(22,084	)		—			(22,084	)		(21,101	)		—			(21,101	)		983			—			983
09-11308	Bowater Finance II LLC		—			—			—			—			—			—			—			—			—
09-11309	Bowater Alabama LLC		137,266			—			137,266			131,679			—			131,679			(5,586	)		—			(5,586	)
09-11310	Coosa Pines Golf Club LLC		262			—			262			267			—			267			5			—			5
09-11311	Bowater Incorporated		788,504			546,171			1,334,675			794,032			543,312			1,337,343			5,528			(2,860	)		2,668
09-11312	Catawba Property Holdings LLC		—			—			—			—			—			—			—			—			—
09-11314	Bowater Finance Company Inc.		11			30,060			30,072			11			30,060			30,072			—			—			—
09-11315	Bowater South American Holdings Inc.		—			—			—			—			—			—			—			—			—
09-11316	Bowater America Inc.		(728,208	)		—			(728,208	)		(730,835	)		—			(730,835	)		(2,627	)		—			(2,627	)
09-11317	Lake Superior Forest Products Inc.		(77,061	)		—			(77,061	)		(77,063	)		—			(77,063	)		(2	)		—			(2	)
09-11319	Bowater Canada Finance Corporation		(492	)		—			(492	)		(491	)		—			(491	)		1			—			1
09-11320	Bowater Canadian Holdings Incorporated		(1,370	)		(60,716	)		(62,086	)		(1,347	)		(61,285	)		(62,632	)		23			(569	)		(546	)
09-11321	AbitibiBowater Canada Inc.		(6,090	)		(329,335	)		(335,425	)		(6,076	)		(329,335	)		(335,410	)		15			—			15
09-11322	Bowater Canadian Forest Products Inc.		168,425			115,970			284,395			172,144			118,551			290,695			3,719			2,581			6,300
09-11324	Bowater Maritimes Inc.		(50,619	)		(156,581	)		(207,200	)		(50,739	)		(156,481	)		(207,219	)		(120	)		100			(20	)
09-11325	Bowater LaHave Corporation		—			—			—			—			—			—			—			—			—
09-11326	Bowater Canadian Limited		(15	)		—			(15	)		(15	)		—			(15	)		0			—			0
09-11328	Bowater Nuway Inc.		2,255			482,839			485,093			2,069			482,839			484,908			(186	)		—			(186	)
09-11329	Bowater Nuway Mid-states Inc.		(73,556	)		—			(73,556	)		(73,613	)		—			(73,613	)		(57	)		—			(57	)
09-11330	Bowater Ventures Inc.		(128	)		—			(128	)		(128	)		—			(128	)		—			—			—
09-11331	AbitibiBowater US Holding 1 Corp.		—			—			—			—			—			—			—			—			—
09-14485	ABH LLC 1		—			250,919			250,919			—			250,919			250,919			—			0			0
09-14486	ABH LLC 2		—			—			—			—			—			—			—			—			—
09-14487	ABH Holding Company LLC		—			—			—			—			—			—			—			—			—
	CCAA Filing Companies		264,988			116,957			381,945			264,281			117,742			382,022			(707	)		785			78
	Non-Filing Companies		(62,580	)		(71,752	)		(134,332	)		(60,201	)		(71,786	)		(131,986	)		2,380			(34	)		2,346
	Total	$	(0	)	$	(0	)	$	(0	)	$	—		$	—		$	—		$	0		$	0		$	0

In re: Abitibibowater Inc., et al.,	Chapter 11
	Case No. 09-11296
Debtor

MOR-12

Debtors’ Questionnaire

For the Period April 1^st, 2010 to April 30^th, 2010

	Yes	No
1.      Have any assets been sold or transferred outside the normal course of business this period? If yes, provide an explanation below.	¨	x
2.      Have any funds been disbursed from any account other than a debtor in possession account this reporting period? If yes, provide an explanation below.	¨	x
3.      Have all post-petition tax returns been timely filed? If no, provide an explanation below.	x	¨
4.      Are workers compensation, general liability and other necessary Insurance coverage in effect? If no, provide an explanation below.	x	¨
5.      Has any bank account been opened during the reporting period? If yes, provide documentation identifying the opened account(s). If an investment account has been opened provide the required documentation pursuant to the Delaware Local Rule 4001-3.	¨	x

In re: Abitibibowater Inc., et al.,	Chapter 11
	Case No. 09-11296
Debtor

MOR-12a

Supplement to Debtors’ Questionnaire

For Period April 1^st, 2010 to April 30^th, 2010

Listing of bank accounts opened during the reporting period.

Debtor	Bank Name	Date Opened
(none)

EX-99.2

Exhibit 99.2

CANADA	SUPERIOR COURT
PROVINCE OF QUÉBEC DISTRICT OF MONTRÉAL No.: 500-11-036133-094	Commercial Division Sitting as a court designated pursuant to the Companies’ Creditors Arrangement Act, R.S.C., c. C-36, as amended
	IN THE MATTER OF THE PLAN OF COMPROMISE OR ARRANGEMENT OF:
	ABITIBIBOWATER INC., a legal person incorporated under the laws of the State of Delaware, having its principal executive offices at 1155 Metcalfe Street, in the City and District of Montréal, Province of Quebec, H3B 5H2;
	And
	ABITIBI-CONSOLIDATED INC., a legal person incorporated under the laws of Canada, having its principal executive offices at 1155 Metcalfe Street, in the City and District of Montréal, Province of Quebec, H3B 5H2;
	And
	BOWATER CANADIAN HOLDINGS INC., a legal person incorporated under the laws of the Province of Nova Scotia, having its principal executive offices at 1155 Metcalfe Street, in the City and District of Montréal, Province of Quebec, H3B 5H2;
	And
	the other Petitioners listed on Appendices “A”, “B” and “C”;
	Petitioners
	And
	ERNST & YOUNG INC., a legal person under the laws of Canada, having a place of business at 800 René-Lévesque Blvd. West, Suite 1900, in the City and District of Montréal, Province of Quebec, H3B 1X9;
	Monitor

FORTY-THIRD REPORT OF THE MONITOR

JUNE 3, 2010

INTRODUCTION

1. On April 17, 2009, Abitibi-Consolidated Inc. (“ACI”) and its subsidiaries listed in Appendix “A” hereto (collectively with ACI, the “ACI Petitioners”) and Bowater Canadian Holdings Incorporated (“BCHI”), its subsidiaries and affiliates listed in Appendix “B” hereto (collectively with BCHI, the “Bowater Petitioners”) (the ACI Petitioners and the Bowater Petitioners are collectively referred to herein as the “Petitioners”) filed for and obtained protection from their creditors under the Companies’ Creditors Arrangement Act (the “CCAA” and the “CCAA Proceedings”) pursuant to an Order of this Honourable Court, as amended on May 6, 2009 (the “Initial Order”). Pursuant to an Order of this Honourable Court dated November 10, 2009, Abitibi-Consolidated (U.K.) Inc., a subsidiary of ACI, was added to the list of the ACI Petitioners.

2. Pursuant to the Initial Order, Ernst & Young Inc. (“EYI”) was appointed as monitor of the Petitioners (the “Monitor”) under the CCAA and a stay of proceedings in favour of the Petitioners was granted until May 14, 2009 (the “Stay Period”). The Stay Period has been subsequently extended to June 18, 2010 pursuant to further Orders of this Honourable Court.

3. On April 16, 2009, AbitibiBowater Inc. (“ABH”), Bowater Inc. (“BI”), and certain of their direct and indirect U.S. and Canadian subsidiaries, including BCHI and Bowater Canadian Forest Products Inc. (“BCFPI”) (collectively referred to herein as “U.S. Debtors”), filed voluntary petitions (collectively, the “Chapter 11 Proceedings”) for relief under Chapter 11 of the U.S. Bankruptcy Code, 11 U.S.C. §§ 101 et seq. (the “U.S. Bankruptcy Code”) in the United States Bankruptcy Court for the District of Delaware (the “U.S. Bankruptcy Court”).

4. BCHI, Bowater Canada Finance Corporation, Bowater Canadian Limited, AbitibiBowater Canada Inc., BCFPI, Bowater LaHave Corporation and Bowater Maritimes Inc. have commenced both CCAA Proceedings and Chapter 11 Proceedings and are referred to herein collectively as the “Cross-Border Petitioners” and are also included in the definition of “Petitioners”.

- 2 -

5. The Petitioners are all subsidiaries of ABH (ABH, collectively with its subsidiaries, are referred to as the “ABH Group”).

6. On April 17, 2009, ABH and the petitioners listed on Appendix “C” hereto (collectively with ABH, the “18.6 Petitioners”) obtained Orders under Section 18.6 of the CCAA in respect of voluntary proceedings initiated under Chapter 11 of the U.S. Bankruptcy Code and EYI was appointed as the information officer in respect of the 18.6 Petitioners.

7. On April 16, 2009, ACI and ACCC filed petitions for recognition under Chapter 15 of the U.S. Bankruptcy Code. On April 21, 2009, the U.S. Bankruptcy Court granted the recognition orders under Chapter 15 of the U.S. Bankruptcy Code.

8. On April 22, 2009, the Court amended the Initial Order to extend the stay of proceedings to the partnerships (the “Partnerships”) listed in Appendix “D” hereto.

BACKGROUND

9. ABH is one of the world’s largest publicly traded pulp and paper manufacturers. It produces a wide range of newsprint and commercial printing papers, market pulp and wood products. The ABH Group owns interests in or operates pulp and paper facilities, wood products facilities and recycling facilities located in Canada, the United States, the United Kingdom and South Korea. The Petitioners’ United Kingdom subsidiary, Bridgewater Paper Company Ltd. (“Bridgewater”), filed for administration, pursuant to the United Kingdom’s Insolvency Act of 1986, on February 2, 2010. The UK administrator announced on May 19, 2010 that it had sold the property formerly owned by Bridgewater.

10. Incorporated in Delaware and headquartered in Montreal, Quebec, ABH functions as a holding company and its business is conducted principally through four direct

- 3 -

subsidiaries: BI, Bowater Newsprint South LLC (“Newsprint South”) (BI, Newsprint South and their respective subsidiaries are collectively referred to as the “BI Group”), ACI (ACI and its subsidiaries are collectively referred to as the “ACI Group”) and AbitibiBowater US Holding LLC (“ABUSH”) (ABUSH and its respective subsidiaries are collectively referred to as the “DCorp Group”).

11. ACI is a direct and indirect wholly-owned subsidiary of ABH.

12. ABH wholly owns BI which in turn, wholly owns BCHI which, in turn, indirectly owns BCFPI which carries on the main Canadian operations of BI.

13. ACCC, a wholly-owned subsidiary of ACI, and BCFPI hold the majority of ABH’s Canadian assets and operations.

PURPOSE

14. This is the forty-third report of the Monitor (the “Forty-Third Report”) in these CCAA Proceedings, the purpose of which is to report to this Honourable Court with respect to the following:

(i) the Petitioners’ four-week cash flow results for the period from April 5, 2010 to May 2, 2010 (the “Reporting Period”), in accordance with the first stay extension order of this Honourable Court dated May 14, 2009 (the “First Stay Extension Order”), and to provide details with respect to the following:

(a) an update in respect of the market condition overview in the forest products industry provided in the forty-first report of the Monitor dated May 5, 2010 (the “Forty-First Report”);

(b) the receipts and disbursements of the ACI Group and BCFPI for the Reporting Period with a discussion of the variances from the respective forecasts (the “ACI Forecast” and the “BCFPI Forecast”) as set forth in the Forty-First Report;

- 4 -

(c) the current liquidity and revised cash flow forecasts of the ACI Group and BCFPI for the 13-week period ending August 1, 2010; and

(d) an update with respect to certain key performance indicators (“KPIs”) tracked by the Petitioners.

TERMS OF REFERENCE

15. In preparing this Forty-Third Report, the Monitor has been provided with and, in making comments herein, has relied upon unaudited financial information, the ABH Group’s books and records, financial information and projections prepared by the ABH Group and discussions with management of the ABH Group (the “Management”). The Monitor has not audited, reviewed or otherwise attempted to verify the accuracy or completeness of such information and, accordingly, the Monitor expresses no opinion or other form of assurance in respect of such information contained in this Forty-Third Report. Some of the information referred to in this Forty-Third Report consists of forecasts and projections. An examination or review of the financial forecast and projections, as outlined in the Canadian Institute of Chartered Accountants Handbook, has not been performed. Future-oriented financial information referred to in this Forty-Third Report was prepared by the ABH Group based on Management’s estimates and assumptions. Readers are cautioned that, since these projections are based upon assumptions about future events and conditions the actual results will vary from the projections, even if the assumptions materialize, and the variations could be significant.

16. Capitalized terms not defined in this Forty-Third Report are as defined in the previous reports of the Monitor and the Initial Order. All references to dollars are in U.S. currency and are translated at a rate of CDN$1.00=US$0.98 unless otherwise noted.

- 5 -

17. Copies of all of the Monitor’s Reports, in both English and French, including a copy of this Forty-Third Report, and all motion records and Orders in the CCAA Proceedings will be available on the Monitor’s website at www.ey.com/ca/abitibibowater. The Monitor has also established a bilingual toll-free telephone number that is referenced on the Monitor’s website so that parties may contact the Monitor if they have questions with respect to the CCAA Proceedings.

18. Copies of all of the U.S. Bankruptcy Court’s orders are posted on the website for Epiq Bankruptcy Solutions LCC (“Epiq”) at http://chapter11.epiqsystems.com/abitibibowater. The Monitor has included a link to Epiq’s website from the Monitor’s website.

CURRENT MARKET CONDITIONS IN THE FOREST PRODUCTS INDUSTRY

19. Pursuant to the First Stay Extension Order, the Monitor has provided this Honourable Court with regular reports on the Petitioners’ cash flows for each reporting period following the date of the First Stay Extension Order. These reports have included details with respect to the market conditions in the forest products industry.

20. According to a report on RISI.com (a leading forest products industry source) on May 14, 2010 (the “RISI Report”), the price of pulp has continued to rise. The RISI Report notes that the price of northern softwood bleached kraft pulp (“NSBK”) is currently $1,000 per tonne, the highest price for pulp since 1995 (not adjusted for inflation), as illustrated in the chart below.

- 6 -

21. As illustrated below, prices for newsprint have been increasing since the historic lows of 2009.

22. The Petitioners announced on May 17, 2010 that they would be indefinitely idling their Gatineau facility. The Gatineau mill had been temporarily idled on April 15, 2010 and is capable of producing approximately 360,000 tonnes of newsprint and commercial printing papers per year. The Gatineau mill supplied a significant proportion of its output to the European market.

23. Kruger Inc. (“Kruger”), a competitor of the Petitioners, announced on May 19, 2010 that it would be idling production at two facilities, including its mill in Trois-Rivieres, Quebec, which produces coated and supercalendered paper and a machine at its Wayagamack mill, which produced directory paper (and which had been idled since the end of 2009). Kruger has noted that these actions were taken as a result of persistently poor market conditions and the high value of the Canadian dollar.

- 7 -

24. The RISI Report noted that the reorganization plan of Smurfit-Stone Container Canada Inc. (“Smurfit”), another Canadian forest product company, was approved in Canada. Smurfit’s insolvency proceeding included filings in both Canada (pursuant to the CCAA) and the United States (pursuant to Chapter 11 of the U.S. Bankruptcy Code).

RECEIPTS AND DISBURSEMENTS FROM APRIL 5, 2010 TO MAY 2, 2010 FOR THE ACI GROUP AND BCFPI

The ACI Group

25. The table below summarizes the ACI Group’s (including DCorp) actual receipts and disbursements for the Reporting Period, which is detailed in Appendix “E” of this Forty-Third Report, with a comparison to the ACI Forecast amounts provided in the Forty-First Report.

The ACI Group

	US$000
	Actual			Forecast			Variance
Opening Cash	$	190,514		$	190,514		$	—		—
Receipts		195,970			183,422			12,548		7	%
Disbursements
Net Trade Disbursements		(102,165	)		(103,993	)		1,828		2	%
Intercompany		2,164			—			2,164		N/A
Other		(66,666	)		(80,418	)		13,752		17	%
		(166,667	)		(184,411	)		17,744		10	%
Financing
Securitization Inflows / (Outflows)		—			(1,235	)		1,235		100	%
Adequate Protection by DCorp to ACCC Term Lenders		(3,180	)		(3,181	)		1		0	%
Financing Fees		(121	)		—			(121	)	N/A
Restructuring & Other Items		(6,250	)		(4,250	)		(2,000	)	(47	)%
Foreign Exchange Translation		(8,509	)		—			(8,509	)	N/A
		(18,060	)		(8,666	)		(9,394	)	(108	)%
Net Cash Flow		11,243			(9,655	)		20,898		216	%
Ending Cash	$	201,757		$	180,859		$	20,898		12	%
Immediately Available Liquidity	$	254,708		$	252,142		$	2,566		1	%
Total Available Liquidity	$	318,854		$	312,458		$	6,396		2	%

- 8 -

26. The chart above translates funds in Canadian dollars at a rate of CDN$1.00=US$0.90 while the forecast in Appendix “G” uses a rate of CDN$1.00=US$0.98 to more closely match current currency exchange rates.

27. As detailed in the twenty-ninth report of the Monitor dated December 16, 2009 (the “Twenty-Ninth Report”) the sale of the ACCC MPCo Interest closed on December 9, 2009 for gross proceeds of CDN$615 million (the “Proceeds”). Certain of the Proceeds were paid to the Monitor for distribution as follows:

(i) CDN$200.0 million to the Senior Secured Noteholders (i.e. the holders of the 13.75% notes due 2011); and

(ii) CDN$130.0 million to the ACI Group pursuant to the ULC DIP Facility.

28. The Monitor continues to hold the following amounts related to the sale of the ACCC MPCo Interest pursuant to an order of this Honourable Court dated November 16, 2009:

(i) CDN$50.0 million that is available as liquidity to the ACI Group subject to providing notice to certain creditors (the “ULC DIP Facility Available Upon Notice”);

(ii) CDN$50.0 million that is available to the ACI Group subject to Court approval for the use of such funds (the “ULC DIP Facility Available Upon Court Approval”); and

(iii) Approximately CDN$52.3 million that is not available to the ACI Group (the “Restricted ULC Reserve Deposit”).

29. The Monitor will continue to hold the funds related to the sale of the ACCC MPCo Interest until further order of this Honourable Court.

30. Pursuant to an order issued by the U.S. Bankruptcy Court, funds related to the sale of certain DCorp recycling assets, approximately $11.3 million, (the “Recycling Proceeds”) and funds related to the sale of DCorp’s West Tacoma

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mill, approximately $4.1 million, (the “West Tacoma Proceeds”) are only available to the ACI Group on ten days’ notice to the agent for the ACCC Term Lenders. The Recycling Proceeds and West Tacoma Proceeds are held in a designated account and are separate from the ACI Group’s general operating funds.

31. During the Reporting Period, the Monitor received approximately $2.6 million related to the sale of ACCC’s St. Raymond sawmill (the “St. Raymond Proceeds”). The St. Raymond Proceeds will be held by the Monitor until further order of this Honourable Court.

32. As shown in the table above, the ACI Group’s total receipts for the Reporting Period, net of joint venture remittances, were approximately $12.5 million higher than projected in the ACI Forecast. Disbursements were approximately $17.7 million lower than projected in the ACI Forecast and Financing net cash outflows were approximately $9.4 million more than projected in the ACI Forecast. Overall, the ending cash balance was approximately $20.9 million higher than the ACI Forecast and Immediately Available Liquidity was approximately $2.6 million higher than the ACI Forecast.

33. “Immediately Available Liquidity” in the chart above includes cash on hand plus liquidity available pursuant to the ULC DIP Facility Available Upon Notice and amounts available through the ACI Group’s Amended Securitization Program. “Total Available Liquidity” includes Immediately Available Liquidity plus the ULC DIP Facility Available Upon Court Approval, the Recycling Proceeds, the St. Raymond Proceeds, proceeds related to the sale of equipment at DCorp’s Alabama River facility (the “Alabama River Equipment Proceeds”) and the West Tacoma Proceeds. Proceeds received from the sale of DCorp’s Lufkin facility will be included in Total Available Liquidity when the sale closes (approximately $20.5 million, the “Lufkin Proceeds”).

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Receipts

34. A breakdown of the receipts for the Reporting Period is outlined in the table below:

			$US 000
Receipts	Para.		Actual			Forecast			Variance			Variance %
A/R Collections	35	(i)	$	171,168		$	164,644		$	6,524		4	%
Intercompany A/R Settlement	35	(i)		10,145			—			10,145		N/A
Joint Venture Remittances, Net	35	(i)		(19,341	)		(20,474	)		1,133		6	%
Collections on Behalf of Joint Ventures	35	(ii)		766			18,720			(17,954	)	(96	)%
Net A/R Collections				162,738			162,890			(152	)	(0	)%
Other Inflows	35	(iii)		33,232			20,532			12,700		62	%
Total Receipts			$	195,970		$	183,422		$	12,548		7	%

35. The variance analysis has been compiled based on discussions with Management and the following represents the more significant reasons for the variances:

(i) A/R Collections, inclusive of receipts related to Intercompany A/R Settlements, net Joint Venture Remittances, and Collections on Behalf of Joint Ventures, were approximately $162.7 million during the Reporting Period compared to a forecast amount of $162.9 million resulting in a nominal variance.

Intercompany A/R Settlements represent payments to the ACI Group from an affiliated ABH Group entity for ACI Group accounts receivable that were collected by the affiliated entity, such as BI or BCFPI.

(ii) Collections on Behalf of Joint Ventures totalled approximately $0.8 million during the Reporting Period. This amount represents amounts collected by the ACI Group for accounts receivable that belong to a joint venture partner. Such amounts will be paid to the joint venture partner on a monthly basis or in accordance with the joint venture agreement. The collections on behalf of joint ventures were $0.8 million for the Reporting Period as compared to a forecast amount of approximately $18.7 million, resulting in a negative variance of approximately $18.0 million.

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This variance is partly due to the fact that certain portions of amounts collected on behalf of joint ventures are also included in the “A/R Collections” line and have not yet been specifically allocated to “Collections on Behalf of Joint Ventures” as these amounts are allocated on a monthly basis.

During the Reporting Period, disbursements related to Joint Venture Remittances totalled approximately $19.3 million resulting in a positive variance of approximately $1.1 million.

(iii) Other Inflows, which includes sales of woodchips to third parties, tax refunds and other miscellaneous receipts, totalled approximately $33.2 million during the Reporting Period. The ACI Forecast included projected receipts of $20.5 million, resulting in a positive variance of approximately $12.7 million. The primary reason for this difference is that certain sales tax refund receipts, which were forecast to be received at the end of May, were collected during the Reporting Period. Significant receipts included:

(a) Approximately $14.2 million in respect of sales tax refunds; and

(b) Approximately $1.4 million for the sale of wood chips.

Disbursements

36. A breakdown of the disbursements related to Net Trade Disbursements for the Reporting Period is outlined below:

			$US 000
	Para.		Actual			Forecast			Variance			Variance %
Trade Payables	37	(i)	$	(106,057	)	$	(100,538	)	$	(5,519	)	(5	)%
Intercompany A/P Settlement	37	(i)		3,892			—			3,892		N/A
Capital Expenditures	37	(ii)		—			(3,455	)		3,455		100	%
Net Trade Disbursements			$	(102,165	)	$	(103,993	)	$	1,828		2	%

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37. The variance analysis with respect to the disbursements for the more significant variances has been compiled based on discussions with Management and the following represents a summary of the reasons for the variances:

(i) Disbursements related to Trade Payables were approximately $106.1 million during the Reporting Period, which was approximately $5.5 million greater than the ACI Forecast. This negative variance can be explained by the fact that:

(a) Capital Expenditures have been included in the actual amount for Trade Payables disbursements until such time as the ACI Group identifies and allocates the disbursements which are capital in nature; and

(b) The ACI Group regularly disburses amounts on behalf of other affiliated entities which are included in Trade Payables (as noted above, the ACI Group was reimbursed by affiliates for approximately $3.9 million of such amounts, detailed on the Intercompany A/P Settlements line, during the Reporting Period). The quantum of amounts disbursed on behalf of other entities is not known until such time as the Petitioners reconcile their intercompany accounts, which is done on a regular basis.

(ii) As noted above, Capital Expenditures are not tracked on a weekly basis. The disbursements related to capital expenditures have been included in the Trade Payables disbursement line.

38. The net cash flows related to intercompany collections are detailed in the chart below:

			$US 000
	Para.		Actual			Forecast		Variance			Variance %
A/R Collections - Affiliates	38	(i)	$	22,974		$	—	$	22,974		N/A
Intercompany A/R Settlements	38	(ii)		(20,810	)		—		(20,810	)	N/A
			$	2,164		$	—	$	2,164		N/A

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(i) A/R Collections – Affiliates totalled approximately $23.0 million during the Reporting Period. As part of its normal Cash Management System, the ACI Group regularly collects accounts receivable on behalf of other ABH Group entities. As it is not possible to forecast which customers will incorrectly pay the ACI Group on behalf of the other entities, collections on behalf of affiliates are not forecast by the Petitioners. The funds are paid on a regular basis by the ACI Group to the appropriate ABH Group entity, which payments are reflected in the Intercompany A/R Settlements line of the “Intercompany” section of the cash flow statement. As discussed in the next section, an amount of approximately $20.8 million was paid out to affiliates during the Reporting Period by the ACI Group to reimburse affiliates for collections made on their behalf by the ACI Group.

(ii) The ACI Group does not forecast the disbursement of Intercompany A/R Settlements as it is not possible to predict which customers will pay the incorrect ABH Group entity for accounts receivable. The corresponding receipt of these amounts collected from affiliate customers is included in the A/R Collections – Affiliates line included in the “Intercompany” section of the cash flow statement.

39. Disbursements related to “Other” items are summarized in the chart below:

	Para.		$US 000								Variance %
			Actual			Forecast			Variance
Marine Freight Payments	39	(i)	$	(6,859	)	$	(8,299	)	$	1,440	17	%
Utility Payments	39	(ii)		(21,906	)		(31,335	)		9,429	30	%
Payroll & Benefits	39	(iii)		(37,901	)		(40,784	)		2,883	7	%
			$	(66,666	)	$	(80,418	)	$	13,752	17	%

(i) Marine Freight Payments totalled approximately $6.8 million during the Reporting Period. This compares to an amount of $8.3 million in the ACI Forecast. This positive variance is primarily due to the fact that a payment to a major shipper was made after the Reporting Period. Lower sales tonnage requiring the use of marine freight also contributed to this variance.

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(ii) Utility Payments totalled approximately $21.9 million during the Reporting Period. This compares to an amount of approximately $31.3 million in the ACI Forecast. The ACI Forecast contemplated that contractually agreed upon amounts (representing an estimate of consumption) would be paid to certain hydroelectricity suppliers. Actual consumption was less than this amount.

(iii) Total payments for Payroll & Benefits were approximately $37.9 million during the Reporting Period compared to an amount of approximately $40.8 million in the ACI Forecast. The reason for this variance is due in part to a lower than forecast pension payment (approximately $1.0 million) and the timing of payment of certain payroll taxes (approximately $1.4 million).

Financing

40. Details regarding the ACI Group’s financing activities are summarized in the following table:

Financing	Para.		$US 000									Variance %
			Actual			Forecast			Variance
Securitization Inflows / (Outflows)	41	(i)	$	—		$	(1,235	)	$	1,235		100	%
Adequate Protection by DCorp to ACCC Term Lenders	41	(ii)		(3,180	)		(3,181	)		1		0	%
Financing Fees	41	(iii)		(121	)		—			(121	)	N/A
Restructuring & Other Items	41	(iv)		(6,250	)		(4,250	)		(2,000	)	(47	)%
Foreign Exchange Translation	41	(v)		(8,509	)		—			(8,509	)	N/A
			$	(18,060	)	$	(8,666	)	$	(9,394	)	(108	)%

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41. The variance analysis with respect to the ACI Group’s financing activities has been compiled based on discussions with Management and the following represents a summary of the reasons for the variances:

(i) Securitization Inflows/(Outflows) were forecast to be an outflow of approximately $1.2 million during the Reporting Period. No disbursements were made due to the fact that the scheduled interest payment was made in the week following the Reporting Period.

(ii) Adequate Protection by DCorp to ACCC Term Lenders was consistent with the ACI Forecast.

(iii) Financing Fees represent amounts disbursed in respect of letter of credit facilities and were not forecast.

(iv) Payments for Restructuring & Other Items totalled approximately $6.3 million compared to a forecast of approximately $4.3 million. The difference is primarily due to the timing of invoice receipt from professional service firms and represents the reversal of earlier positive variances.

(v) Amounts on the Foreign Exchange Translation line represent the difference between the actual exchange rate between Canadian and U.S. dollars at the time of conversion as compared to the forecast rate of CDN$1.00=US$0.90. During the Reporting Period the value of the Canadian dollar fluctuated between US$0.9803 and US$1.0039.

BCFPI

42. The following table summarizes the receipts and disbursements of BCFPI for the Reporting Period, which is detailed in Appendix “F” of this Forty-Third Report:

BCFPI

	US$000
	Actual			Forecast			Variance
Receipts	$	48,836		$	46,015		$	2,821		6	%
Disbursements
Net Trade Disbursements		(30,822	)		(29,052	)		(1,770	)	(6	)%
Intercompany		2,844			—			2,844		N/A
Other		(19,130	)		(17,220	)		(1,910	)	(11	)%
		(47,108	)		(46,273	)		(835	)	(2	)%
Financing
Interest		(386	)		(1,183	)		797		67	%
Restructuring Costs		(1,224	)		(1,172	)		(52	)	(4	)%
Foreign Exchange Translation		(3,217	)		—			(3,217	)	N/A
		(4,827	)		(2,355	)		(2,472	)	105	%
Net Cash Flows		(3,099	)		(2,612	)		(487	)	19	%
Opening Cash		12,966			12,966			—		—
Ending Cash	$	9,867		$	10,354		$	(487	)	(5	)%

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43. The chart above translates funds held in Canadian dollars at a rate of CDN$1.00=US$0.90 while the forecast in Appendix “H” uses a rate of CDN$1.00=US$0.98 to more closely match current currency exchange rates.

44. As detailed in the table above, BCFPI’s total receipts for the Reporting Period were approximately $2.8 million higher than the BCFPI Forecast. Disbursements were $0.8 million higher than the BCFPI Forecast and Financing cash outflows were approximately $2.5 greater than the BCFPI Forecast. BCFPI had cash on hand of approximately $9.9 million at May 2, 2010. Overall, the ending cash balance was approximately $0.5 million lower than the BCFPI Forecast.

Receipts

45. A breakdown of the BCFPI receipts is summarized in the table below:

Receipts	Para.		US$000									Variance %
			Actual			Forecast			Variance
A/R Collections	46	(i)	$	13,711		$	50,282		$	(36,571	)	(73	)%
Intercompany A/R Settlements	46	(i)		32,014			—			32,014		N/A
Total A/R Collections				45,725			50,282			(4,557	)	(9	)%
Advances from/(to) Bowater Inc.	46	(ii)		(3,000	)		(7,000	)		4,000		(57	)%
Other Inflows	46	(iii)		6,111			2,733			3,378		124	%
Total Receipts			$	48,836		$	46,015		$	2,821		6	%

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46. The variance analysis with respect to the receipts has been compiled based on discussions with Management and the following represents a summary of the reasons for the significant variances:

(i) Total A/R Collections were approximately $45.7 million resulting in a negative variance of approximately $4.6 million. This variance is primarily due to the timing of collections from BCFPI’s customers.

Pursuant to BCFPI’s normal practice and the Cash Management System, sales which are made to customers domiciled in the United States are made through an affiliate, Bowater America Inc. (“BAI”). BAI, which is a subsidiary of BI, collects the accounts receivable from third party customers and then remits these funds through an Intercompany A/R Settlement to BCFPI. BCFPI continues to reconcile its intercompany trade receivables on a regular basis.

In addition to the above, BI collects substantially all accounts receivable related to BCFPI’s sale of pulp. Such amounts were reconciled and transferred from BI to BCFPI on a monthly basis but such transfers are now done weekly.

(ii) On a net basis, Repayments to Bowater Inc. totalled a repayment $3.0 million during the Reporting Period. Repayments of $7.0 million were forecast in the BCFPI Forecast. The variance above is due to the fact that collections from customers were less than forecast. The timing of reimbursement for payments made on behalf of Bowater Mersey also contributed to the lower repayment.

(iii) Amounts received related to Other Inflows were approximately $6.1 million during the Reporting Period. Receipts related to Other Inflows were forecast to be approximately $2.7 million, resulting in a positive variance of approximately $3.4 million. This variance was primarily due to the early receipt of certain sales tax refunds and sundry mill level deposits.

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Disbursements

47. Details regarding BCFPI’s disbursements related to Net Trade Disbursements are summarized in the following table:

	Para.		US$000									Variance %
			Actual			Forecast			Variance
Trade Payables	48	(i)	$	(25,390	)	$	(32,190	)	$	6,800		21	%
Intercompany A/P Settlements - Receipts	48	(ii)		5,222			5,000			222		4	%
Intercompany A/P Settlements - Disbursements	48	(iii)		(439	)		—			(439	)	N/A
Capital Expenditures	48	(iv)		—			(1,862	)		1,862		100	%
Payments on Behalf of Affiliates	48	(v)		(10,215	)		—			(10,215	)	N/A
Net Trade Disbursements			$	(30,822	)	$	(29,052	)	$	(1,770	)	(6	)%

48. The variance analysis with respect to BCFPI’s disbursements has been compiled based on discussions with Management and the following represents a summary of the reasons provided for these variances:

(i) Disbursements related to Trade Payables were approximately $6.8 million less than projected during the Reporting Period. This positive variance is due primarily to higher than forecast downtime at BCFPI’s Gatineau mill.

(ii) Intercompany A/P Settlements – Receipts represents BCFPI being reimbursed for disbursements made on behalf of related entities. During the Reporting Period, BCFPI received approximately $5.2 million for disbursements made on behalf of Bowater Mersey.

(iii) Intercompany A/P Settlements – Disbursements represents BCFPI reimbursing related entities for payments made on its behalf. During the Reporting Period, such payments totalled approximately $0.4 million and are primarily reimbursements to the ACI Group for freight costs.

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(iv) Capital Expenditures are not tracked on a weekly basis. As such, disbursements for this line item have been included in Trade Payables.

(v) Payments on Behalf of Affiliates were $10.2 million during the Reporting Period. These payments primarily represent disbursements made by BCFPI on behalf of Bowater Mersey. Due to the integrated nature of the operations of the Petitioners and the Cash Management System, such payments occur on a regular basis.

49. Actual receipts and disbursements related to intercompany accounts receivable transactions are summarized in the table below:

	Para.		US$000								Variance %
			Actual			Forecast		Variance
A/R Collections - Affiliates	49	(i)	$	5,222		$	—	$	5,222		N/A
Intercompany A/R Settlements	49	(ii)		(2,378	)		—		(2,378	)	N/A
			$	2,844		$	—	$	2,844		N/A

(i) Receipts related to A/R Collections – Affiliates totalled approximately $5.2 million during the Reporting Period. Such amounts are regularly collected by BCFPI as part of the operation of the Cash Management System.

(ii) Payments for Intercompany A/R Settlements totalled approximately $2.4 million during the Reporting Period. Intercompany A/R Settlements represent payments made by BCFPI to reimburse related entities for accounts receivable incorrectly paid to BCFPI by ABH-affiliated customers.

50. Disbursements for “Other” items are as follows and are summarized in the table below:

	Para.		US$000									Variance %
			Actual			Forecast			Variance
Freight	50	(i)	$	(6,143	)	$	(4,831	)	$	(1,312	)	(27	)%
Payroll and Benefits	50	(ii)		(12,987	)	$	(12,389	)		(598	)	(5	)%
			$	(19,130	)	$	(17,220	)	$	(1,910	)	(11	)%

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(i) Disbursements for Freight totalled approximately $6.1 million during the Reporting Period. This compares to an amount of approximately $4.8 million in the BCFPI Forecast. This difference is primarily due to the timing of payments to certain outbound freight providers.

(ii) During the Reporting Period, payments in respect of Payroll and Benefits totalled approximately $13.0 million. The BCFPI Forecast projected disbursements in the amount of $12.4 million.

Financing

51. Details regarding financing are summarized in the following table:

Financing	Para.	US$000									Variance %
		Actual			Forecast			Variance
Interest	52	$	(386	)	$	(1,183	)	$	797		67	%
Restructuring Costs	53		(1,224	)		(1,172	)		(52	)	(4	)%
Foreign Exchange Translation	54		(3,217	)		—			(3,217	)	N/A
Cash Flow from Financing/Restructuring		$	(4,827	)	$	(2,355	)	$	(2,472	)	(105	)%

52. Disbursements related to Interest, which were forecast to be approximately $1.2 million, were approximately $0.4 million. This variance is due to the fact that interest forecast to be paid in the week ended May 2, 2010 was paid the following week, which is outside of the Reporting Period.

53. Restructuring Costs were consistent with the BCFPI Forecast.

54. Amounts on the Foreign Exchange Translation line represent the difference between the actual exchange rate at the time of conversion between Canadian and U.S. dollars as compared to the forecast rate of CDN$1.00=US$0.90.

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CURRENT LIQUIDITY POSITION AND THE 13-WEEK CASH FLOW FORECASTS

55. Attached as Appendices “G” and “H”, respectively, are the updated 13-week cash flow forecasts of the ACI Group (including DCorp) and BCFPI through August 1, 2010.

56. The 13-week cash flow forecasts attached as Appendices “G” and “H” have been prepared using an exchange rate of CDN$1.00=US$0.98. Previous forecasts have been prepared using a rate of CDN$1.00=US$0.90. As a result, certain items denominated in Canadian funds have changed due to the impact of foreign exchange (e.g. the ULC DIP Facility Available Upon Notice was $45 million at a rate of CDN$1.00=US$0.90 but is now $49 million at a rate of CDN$1.00=US$0.98 due to the fact that such reserve is held in Canadian funds).

57. As at May 2, 2010, the ACI Group had cash on hand of approximately $212.8 (at a rate of CDN$1.00=US$0.98 or $201.8 million at a rate of CDN$1.00=US$0.90). In addition to this amount, the ACI Group also has the ULC DIP Facility Available Upon Notice ($49 million) and the ULC DIP Facility Available Upon Court Approval (a further $49 million) available as liquidity. The ACI Group also held $11.3 million representing the Recycling Proceeds and approximately $4.1 million representing the West Tacoma Proceeds. As noted above, the Monitor received, and will hold in trust, approximately $2.8 million (at a rate of CDN$1.00=US$0.98) in respect of the sale of a sawmill in St. Raymond, Quebec. Other amounts, including the Belgo Proceeds and the Alabama River Equipment Proceeds are also included in Total Available Liquidity.

58. The ACI Group’s actual liquidity to May 2, 2010 and forecast total Immediately Available Liquidity for the 13 weeks ending August 1, 2010 is set forth in Appendix “G” and is summarized in the graph below. Forecast liquidity in the chart below assumes the exchange rate between Canadian and U.S. dollars is converted at a rate of CDN$1.00=US$0.98. Actual liquidity has been translated at a rate of either CDN$1.00=US$0.80 or CDN$1.00=US$0.90, depending on the period.

- 22 -

59. The ACI Group’s Immediately Available Liquidity at August 1, 2010, which is the end of the 13-week period in the forecast in Appendix “G”, is projected to be approximately $211.0 million.

60. The projected Immediately Available Liquidity in the graph above excludes certain items including the ULC DIP Facility Available Upon Court Approval ($49 million), approximately $20.8 million forecast to be received from the sale of DCorp’s Lufkin facility, the West Tacoma Proceeds (approximately $4.1 million), the Belgo Proceeds (approximately $1.7 million), the St. Raymond Proceeds (approximately $2.8 million) the Alabama River Equipment Proceeds (approximately $1.3 million) and the Recycling Proceeds (approximately $11.3 million). Thus, the ACI Group’s Total Available Liquidity at August 1, 2010 is projected to be approximately $301.9 million.

61. The Monitor has been advised that the closing of the sale of the Applicants’ Lufkin facility has been delayed. The purchasers have recently communicated an unwillingness to close the transaction in accordance with the terms of the purchase and sale agreement as already approved by the U.S. Court. Negotiations between the parties are continuing and the Monitor has been advised that these negotiations may lead to the purchaser submitting a revised proposal. The impact of this revision is not yet clear.

- 23 -

62. Actual results since the date of the issuance of the Initial Order and BCFPI’s forecast liquidity for the 13 weeks ended August 1, 2010, which includes the projected intercompany repayment to BI in the amount of $35.0 million, is set forth in Appendix “H” and is summarized in the graph below. The estimate of liquidity in the following graph assumes that a minimum cash balance of $10.0 million will be maintained and funds will be transferred from BI, as necessary, on that basis. Forecast liquidity in the chart below assumes the exchange rate between Canadian and U.S. dollars is converted at a rate of CDN$1.00=US$0.98. Actual liquidity has been translated at a rate of either CDN$1.00=US$0.80 or CDN$1.00=US$0.90, depending on the period, as the rate employed by the Applicants to convert Canadian funds to U.S. funds has been adjusted several times since the beginning of these CCAA Proceedings.

63. On August 26, 2009 and September 1, 2009, this Honourable Court and the U.S. Bankruptcy Court, respectively, approved certain agreements between the ACI Group, BCFPI and Smurfit-Stone Container Canada Inc. (“Smurfit”) relating to the sale of certain timberlands by Smurfit, which will result in BCFPI receiving net proceeds in the amount of approximately CDN$28.7 million (the “Smurfit Timberland Proceeds”). The Smurfit Timberland Proceeds were paid to the Monitor’s trust account in the week ended October 25, 2009 and are to be held in

- 24 -

trust by the Monitor pending further order of this Honourable Court. For purposes of the forecast, the proceeds are reflected as being held in trust by the Monitor and are not used for operating purposes due to the uncertainty regarding the timing of the release of these funds.

64. BCFPI’s liquidity as at August 1, 2010 is projected to be approximately $10.0 million, not including the Smurfit Timberland Proceeds.

65. Management has informed the Monitor that BCFPI’s forecast cash requirements will be supported by BI through intercompany advances, if necessary.

KEY PERFORMANCE INDICATORS

66. As first reported in the seventh report of the Monitor dated June 15, 2009, the Petitioners track certain key performance indicators in the course of managing their business. Appendices “I” and “J” contain certain key performance indicators which have been updated through April 30, 2010, the most current data available as at the date of this Forty-Third Report.

All of which is respectfully submitted.

ERNST & YOUNG INC.

in its capacity as the Court-Appointed Monitor

of the Petitioners

Per:

Alex Morrison, CA, CIRP

Senior Vice President

John Barrett, CA, CIRP

Vice President

Todd Ambachtsheer, CA, CIRP

Vice President

- 25 -

APPENDIX “A”

ABITIBI PETITIONERS

1. Abitibi-Consolidated Company of Canada

2. Abitibi-Consolidated Inc.

3. 3224112 Nova Scotia Limited

4. Marketing Donohue Inc.

5. Abitibi-Consolidated Canadian Office Products Holding Inc.

6. 3834328 Canada Inc.

7. 6169678 Canada Inc.

8. 4042140 Canada Inc.

9. Donohue Recycling Inc.

10. 1508756 Ontario Inc.

11. 3217925 Nova Scotia Company

12. La Tuque Forest Products Inc.

13. Abitibi-Consolidated Nova Scotia Incorporated

14. Saguenay Forest Products Inc.

15. Terra Nova Explorations Ltd.

16. The Jonquière Pulp Company

17. The International Bridge and Terminal Company

18. Scramble Mining Ltd.

19. 9150-3383 Québec Inc.

20. Abitibi-Consolidated (U.K.) Inc.

- 26 -

APPENDIX “B”

BOWATER PETITIONERS

1. Bowater Canada Finance Corporation

2. Bowater Canadian Limited

3. Bowater Canadian Holdings. Inc.

4. 3231378 Nova Scotia Company

5. AbitibiBowater Canada Inc.

6. Bowater Canada Treasury Corporation

7. Bowater Canadian Forest Products Inc.

8. Bowater Shelburne Corporation

9. Bowater LaHave Corporation

10. St-Maurice River Drive Company Limited

11. Bowater Treated Wood Inc.

12. Canexel Hardboard Inc.

13. 9068-9050 Québec Inc.

14. Alliance Forest Products Inc. (2001)

15. Bowater Belledune Sawmill Inc.

16. Bowater Maritimes Inc.

17. Bowater Mitis Inc.

18. Bowater Guérette Inc.

19. Bowater Couturier Inc.

- 27 -

APPENDIX “C”

18.6 PETITIONERS

1. AbitibiBowater US Holding 1 Corp.

2. AbitibiBowater Inc.

3. Bowater Ventures Inc.

4. Bowater Incorporated

5. Bowater Nuway Inc.

6. Bowater Nuway Mid-States Inc.

7. Catawba Property Holdings LLC

8. Bowater Finance Company Inc.

9. Bowater South American Holdings Incorporated

10. Bowater America Inc.

11. Lake Superior Forest Products Inc.

12. Bowater Newsprint South LLC

13. Bowater Newsprint South Operations LLC

14. Bowater Finance II, LLC

15. Bowater Alabama LLC

16. Coosa Pines Golf Club Holdings, LLC

- 28 -

APPENDIX “D”

PARTNERSHIPS

1. Bowater Canada Finance Limited Partnership

2. Bowater Pulp and Paper Canada Holdings Limited Partnership

3. Abitibi-Consolidated Finance LP

- 29 -

APPENDIX “E”

ACI GROUP ACTUAL RECEIPTS AND DISBURSEMENTS

- 30 -

Abitibi-Consolidated Inc. and its Subsidiaries (the “ACI Group”)

Actual to Forecast Comparison

4 Weeks Ended May 2, 2010

US$000

	Actual
Week Ended	11-Apr-10		18-Apr-10		25-Apr-10		2-May-10		Total
Opening Cash	190,514		177,426		161,221		175,578		190,514
Receipts
A/R Collections	29,760		41,980		50,393		49,035		171,168
Intercompany A/R Settlement	3,197		2,816		3,798		334		10,145
Joint Venture Remittances, Net	—		(17,629	)	—		(1,712	)	(19,341	)
Collections on Behalf of Joint Ventures	39		—		321		406		766
Net A/R Collections	32,996		27,167		54,512		48,063		162,738
Other Inflows	3,018		7,419		3,866		18,929		33,232
Total Receipts	36,014		34,586		58,378		66,992		195,970
Disbursements
Trade Payables	(27,915	)	(25,099	)	(26,850	)	(26,193	)	(106,057	)
Intercompany A/P Settlement - Receipts	231		—		—		3,661		3,892
Capital Expenditures	—		—		—		—		—
Net A/P Variance	(27,684	)	(25,099	)	(26,850	)	(22,532	)	(102,165	)
A/R Collections - Affiliates	4,074		4,144		6,049		8,707		22,974
Intercompany A/R Settlements	(7,283	)	(8,531	)	(2,563	)	(2,433	)	(20,810	)
	(3,209	)	(4,387	)	3,486		6,274		2,164
Marine Freight Payments	(655	)	(1,373	)	(2,273	)	(2,558	)	(6,859	)
Utility Payments	(3,851	)	(7,280	)	(4,576	)	(6,199	)	(21,906	)
Payroll & Benefits	(9,180	)	(7,768	)	(9,932	)	(11,021	)	(37,901	)
Net Other Disbursements	(13,686	)	(16,421	)	(16,781	)	(19,778	)	(66,666	)
Total Disbursements	(44,579	)	(45,907	)	(40,145	)	(36,036	)	(166,667	)
Financing
Securitization Inflows / (Outflows)	—		—		—		—		—
Adequate Protection by DCorp to ACCC Term Lenders	—		—		—		(3,180	)	(3,180	)
Financing Fees	—		—		(121	)	—		(121	)
Restructuring & Other Items	(1,958	)	(3,194	)	(718	)	(380	)	(6,250	)
Foreign Exchange Translation	(2,565	)	(1,690	)	(3,037	)	(1,217	)	(8,509	)
	(4,523	)	(4,884	)	(3,876	)	(4,777	)	(18,060	)
Cash Flow From Operations	(13,088	)	(16,205	)	14,357		26,179		11,243
Opening Cash Balance	190,514		177,426		161,221		175,578		190,514
Cash Flow From Operations	(13,088	)	(16,205	)	14,357		26,179		11,243
Ending Cash Balance	177,426		161,221		175,578		201,757		201,757

Note: The above totals are subject to rounding adjustments

- 31 -

Abitibi-Consolidated Inc. and its Subsidiaries (the “ACI Group”)

Actual to Forecast Comparison

4 Weeks Ended May 2, 2010

US$000

	Forecast
Week Ended	11-Apr-10		18-Apr-10		25-Apr-10		2-May-10		Total
Opening Cash	190,514		188,938		171,712		173,538		190,514
Receipts
A/R Collections	35,888		36,796		38,983		52,977		164,644
Intercompany A/R Settlement	—		—		—		—		—
Joint Venture Remittances, Net	—		(17,545	)	(2,929	)	—		(20,474	)
Collections on Behalf of Joint Ventures	4,700		4,700		4,700		4,620		18,720
Net A/R Collections	40,588		23,951		40,754		57,597		162,890
Other Inflows	2,821		6,137		6,755		4,819		20,532
Total Receipts	43,409		30,088		47,509		62,416		183,422
Disbursements
Trade Payables	(25,042	)	(25,042	)	(25,042	)	(25,413	)	(100,538	)
Intercompany A/P Settlement - Receipts	—		—		—		—		—
Capital Expenditures	(866	)	(866	)	(866	)	(858	)	(3,455	)
Net A/P Variance	(25,908	)	(25,907	)	(25,908	)	(26,270	)	(103,993	)
A/R Collections - Affiliates	—		—		—		—		—
Intercompany A/R Settlements	—		—		—		—		—
	—		—		—		—		—
Marine Freight Payments	(1,750	)	(3,050	)	(1,750	)	(1,750	)	(8,299	)
Utility Payments	(6,820	)	(6,820	)	(10,519	)	(7,177	)	(31,335	)
Payroll & Benefits	(9,507	)	(10,538	)	(6,507	)	(14,232	)	(40,784	)
Net Other Disbursements	(18,077	)	(20,407	)	(18,775	)	(23,159	)	(80,418	)
Total Disbursements	(43,985	)	(46,314	)	(44,683	)	(49,429	)	(184,411	)
Financing
Securitization Inflows / (Outflows)	—		—		—		(1,235	)	(1,235	)
Adequate Protection by DCorp to ACCC Term Lenders	—		—		—		(3,181	)	(3,181	)
Financing Fees									—
Restructuring & Other Items	(1,000	)	(1,000	)	(1,000	)	(1,250	)	(4,250	)
Foreign Exchange Translation	—		—		—		—		—
	(1,000	)	(1,000	)	(1,000	)	(5,666	)	(8,666	)
Cash Flow From Operations	(1,576	)	(17,226	)	1,826		7,321		(9,655	)
Opening Cash Balance	190,514		188,938		171,712		173,538		190,514
Cash Flow From Operations	(1,576	)	(17,226	)	1,826		7,321		(9,655	)
Ending Cash Balance	188,938		171,712		173,538		180,859		180,859

Note: The above totals are subject to rounding adjustments

- 32 -

Abitibi-Consolidated Inc. and its Subsidiaries (the “ACI Group”)

Actual to Forecast Comparison

4 Weeks Ended May 2, 2010

US$000

	Variance
Week Ended	11-Apr-10		18-Apr-10		25-Apr-10		2-May-10		Total
Opening Cash	—		(11,512	)	(10,491	)	2,040		—
Receipts
A/R Collections	(6,128	)	5,184		11,410		(3,942	)	6,524
Intercompany A/R Settlement	3,197		2,816		3,798		334		10,145
Joint Venture Remittances, Net	—		(84	)	2,929		(1,712	)	1,133
Collections on Behalf of Joint Ventures	(4,661	)	(4,700	)	(4,379	)	(4,214	)	(17,954	)
Net A/R Collections	(7,592	)	3,216		13,758		(9,534	)	(152	)
Other Inflows	197		1,282		(2,889	)	14,110		12,700
Total Receipts	(7,395	)	4,498		10,869		4,576		12,548
Disbursements
Trade Payables	(2,873	)	(57	)	(1,808	)	(780	)	(5,519	)
Intercompany A/P Settlement - Receipts	231		—		—		3,661		3,892
Capital Expenditures	866		866		866		858		3,455
Net A/P Variance	(1,776	)	808		(942	)	3,738		1,828
A/R Collections - Affiliates	4,074		4,144		6,049		8,707		22,974
Intercompany A/R Settlements	(7,283	)	(8,531	)	(2,563	)	(2,433	)	(20,810	)
	(3,209	)	(4,387	)	3,486		6,274		2,164
Marine Freight Payments	1,095		1,677		(523	)	(808	)	1,440
Utility Payments	2,969		(460	)	5,943		978		9,429
Payroll & Benefits	327		2,770		(3,425	)	3,211		2,883
Net Other Disbursements	4,391		3,986		1,994		3,381		13,752
Total Disbursements	(594	)	407		4,538		13,393		17,744
Financing
Securitization Inflows / (Outflows)	—		—		—		1,235		1,235
Adequate Protection by DCorp to ACCC Term Lenders	—		—		—		1		1
Financing Fees	—		—		(121	)	—		(121	)
Restructuring & Other Items	(958	)	(2,194	)	282		870		(2,000	)
Foreign Exchange Translation	(2,565	)	(1,690	)	(3,037	)	(1,217	)	(8,509	)
	(3,523	)	(3,884	)	(2,876	)	889		(9,394	)
Cash Flow From Operations	(11,512	)	1,021		12,531		18,858		20,898
Opening Cash Balance	—		(11,512	)	(10,491	)	2,040		—
Cash Flow From Operations	(11,512	)	1,021		12,531		18,858		20,898
Ending Cash Balance	(11,512	)	(10,491	)	2,040		20,898		20,898

Note: The above totals are subject to rounding adjustments

- 33 -

APPENDIX “F”

BCFPI ACTUAL RECEIPTS AND DISBURSEMENTS

- 34 -

Bowater Canadian Forest Products Inc. (“BCFPI”)

Actual to Forecast Comparison

4 Weeks Ended May 2, 2010

US$000

	Actual
Week Ended	11-Apr-10		18-Apr-10		25-Apr-10		2-May-10		Total
Opening Cash	12,966		10,736		12,604		9,407		12,966
Receipts
A/R Collections	3,991		3,583		2,775		3,362		13,711
Intercompany A/R Settlements	4,015		22,008		3,558		2,433		32,014
Total A/R Collections	8,006		25,591		6,333		5,795		45,725
Advances from Bowater Inc.	5,000		(13,000	)	5,000		—		(3,000	)
Other Inflows	934		568		2,131		2,478		6,111
Total Receipts	13,940		13,159		13,464		8,273		48,836
Disbursements
Trade Payables	(8,276	)	(5,660	)	(6,638	)	(4,816	)	(25,390	)
Intercompany A/P Settlements - Receipts	124		—		—		5,098		5,222
Intercompany A/P Settlements - Disbursements	(112	)	—		—		(327	)	(439	)
Capital Expenditures	—		—		—		—		—
Payments on Behalf of Affiliates	(2,085	)	(882	)	(5,463	)	(1,785	)	(10,215	)
Net A/P	(10,349	)	(6,542	)	(12,101	)	(1,830	)	(30,822	)
A/R Collections - Affiliates	1,129		899		876		2,318		5,222
Intercompany A/R Settlements	(747	)	(42	)	(187	)	(1,402	)	(2,378	)
	382		857		689		916		2,844
Freight	(2,396	)	(823	)	(1,820	)	(1,104	)	(6,143	)
Payroll and Benefits	(2,464	)	(3,419	)	(2,264	)	(4,840	)	(12,987	)
Total Disbursements	(14,827	)	(9,927	)	(15,496	)	(6,858	)	(47,108	)
Cash Flow From Operations	(887	)	3,232		(2,032	)	1,415		1,728
Financing
Interest	—		—		(386	)	—		(386	)
Restructuring Costs	(556	)	(603	)	(65	)	—		(1,224	)
Foreign Exchange Translation	(787	)	(761	)	(714	)	(955	)	(3,217	)
Cash Flow from Financing/Restructuring	(1,343	)	(1,364	)	(1,165	)	(955	)	(4,827	)
Net Cash Flows	(2,230	)	1,868		(3,197	)	460		(3,099	)
Opening Cash Balance	12,966		10,736		12,604		9,407		12,966
Cash Flow From Operations	(2,230	)	1,868		(3,197	)	460		(3,099	)
Ending Cash Balance	10,736		12,604		9,407		9,867		9,867

Note: The above totals are subject to rounding adjustments

- 35 -

Bowater Canadian Forest Products Inc. (“BCFPI”)

Actual to Forecast Comparison

4 Weeks Ended May 2, 2010

US$000

	Forecast
Week Ended	11-Apr-10		18-Apr-10		25-Apr-10		2-May-10		Total
Opening Cash	12,966		11,878		10,813		10,610		12,966
Receipts
A/R Collections	4,935		17,579		10,025		17,743		50,282
Intercompany A/R Settlements	—		—		—		—		—
Total A/R Collections	4,935		17,579		10,025		17,743		50,282
Advances from Bowater Inc.	5,000		(11,000	)	1,000		(2,000	)	(7,000	)
Other Inflows	350		1,548		350		485		2,733
Total Receipts	10,285		8,127		11,375		16,228		46,015
Disbursements
Trade Payables	(8,142	)	(8,142	)	(8,142	)	(7,766	)	(32,190	)
Intercompany A/P Settlements - Receipts	—		5,000		—		—		5,000
Intercompany A/P Settlements - Disbursements	—		—		—		—		—
Capital Expenditures	(467	)	(467	)	(467	)	(462	)	(1,862	)
Payments on Behalf of Affiliates	—		—				—		—
Net A/P	(8,609	)	(3,608	)	(8,608	)	(8,227	)	(29,052	)
A/R Collections - Affiliates	—		—		—		—		—
Intercompany A/R Settlements	—		—		—		—		—
	—		—		—		—		—
Freight	(1,225	)	(1,225	)	(1,225	)	(1,157	)	(4,831	)
Payroll and Benefits	(1,247	)	(4,067	)	(1,079	)	(5,997	)	(12,389	)
Total Disbursements	(11,080	)	(8,900	)	(10,912	)	(15,381	)	(46,273	)
Cash Flow From Operations	(795	)	(772	)	463		847		(257	)
Financing
Interest	—		—		(373	)	(810	)	(1,183	)
Restructuring Costs	(293	)	(293	)	(293	)	(293	)	(1,172	)
Foreign Exchange Translation	—		—		—		—		—
Cash Flow from Financing/Restructuring	(293	)	(293	)	(666	)	(1,103	)	(2,355	)
Net Cash Flows	(1,088	)	(1,065	)	(203	)	(256	)	(2,612	)
Opening Cash Balance	12,966		11,878		10,813		10,610		12,966
Cash Flow From Operations	(1,088	)	(1,065	)	(203	)	(256	)	(2,612	)
Ending Cash Balance	11,878		10,813		10,610		10,354		10,354

Note: The above totals are subject to rounding adjustments

- 36 -

Bowater Canadian Forest Products Inc. (“BCFPI”)

Actual to Forecast Comparison

4 Weeks Ended May 2, 2010

US$000

	Variance
Week Ended	11-Apr-10		18-Apr-10		25-Apr-10		2-May-10		Total
Opening Cash	—		(1,142	)	1,791		(1,203	)	—
Receipts
A/R Collections	(944	)	(13,996	)	(7,250	)	(14,381	)	(36,571	)
Intercompany A/R Settlements	4,015		22,008		3,558		2,433		32,014
Total A/R Collections	3,071		8,012		(3,692	)	(11,948	)	(4,557	)
Advances from Bowater Inc.	—		(2,000	)	4,000		2,000		4,000
Other Inflows	584		(980	)	1,781		1,993		3,378
Total Receipts	3,655		5,032		2,089		(7,955	)	2,821
Disbursements
Trade Payables	(134	)	2,482		1,504		2,950		6,800
Intercompany A/P Settlements - Receipts	124		(5,000	)	—		5,098		222
Intercompany A/P Settlements - Disbursements	(112	)	—		—		(327	)	(439	)
Capital Expenditures	467		467		467		462		1,862
Payments on Behalf of Affiliates	(2,085	)	(882	)	(5,463	)	(1,785	)	(10,215	)
Net A/P	(1,740	)	(2,934	)	(3,493	)	6,397		(1,770	)
A/R Collections - Affiliates	1,129		899		876		2,318		5,222
Intercompany A/R Settlements	(747	)	(42	)	(187	)	(1,402	)	(2,378	)
	382		857		689		916		2,844
Freight	(1,171	)	402		(595	)	53		(1,312	)
Payroll and Benefits	(1,217	)	648		(1,185	)	1,157		(598	)
Total Disbursements	(3,747	)	(1,027	)	(4,584	)	8,523		(835	)
Cash Flow From Operations	(92	)	4,004		(2,495	)	568		1,985
Financing
Interest	—		—		(13	)	810		797
Restructuring Costs	(263	)	(310	)	228		293		(52	)
Foreign Exchange Translation	(787	)	(761	)	(714	)	(955	)	(3,217	)
Cash Flow from Financing/Restructuring	(1,050	)	(1,071	)	(499	)	148		(2,472	)
Net Cash Flows	(1,142	)	2,933		(2,994	)	716		(487	)
Opening Cash Balance	—		(1,142	)	1,791		(1,203	)	—
Cash Flow From Operations	(1,142	)	2,933		(2,994	)	716		(487	)
Ending Cash Balance	(1,142	)	1,791		(1,203	)	(487	)	(487	)

Note: The above totals are subject to rounding adjustments

- 37 -

APPENDIX “G”

ACI GROUP CASH FLOW FORECAST

- 38 -

Abitibi Consolidated Inc. and its subsidiaries (the “ACI Group”)

Weekly Cash Flow Forecast

13 Weeks Ending August 1, 2010

US$000

Week ended	Notes	9-May-10		16-May-10		23-May-10		30-May-10		6-Jun-10		13-Jun-10		20-Jun-10		27-Jun-10		4-Jul-10		11-Jul-10		18-Jul-10		25-Jul-10		1-Aug-10		Total
Opening Cash	1	212,798		210,595		191,223		199,635		204,320		199,585		202,858		181,306		176,719		177,148		177,099		157,602		148,119		212,798
Receipts
Total A/R Collections	3	35,869		37,142		47,007		52,739		35,776		37,652		35,896		36,771		45,594		33,787		37,303		36,252		36,036		507,824
Collections on Behalf of Joint Ventures	4	4,392		4,392		4,392		4,392		4,830		4,903		4,903		4,903		4,737		4,612		4,612		4,612		4,636		60,315
Other Inflows	5	2,816		2,750		2,816		2,750		8,713		7,052		8,595		2,750		4,821		2,819		2,750		2,750		4,820		56,202
Total Receipts		43,076		44,284		54,214		59,881		49,320		49,607		49,394		44,425		55,152		41,218		44,665		43,614		45,491		624,341
Disbursements
Trade Payables	6	(24,643	)	(24,643	)	(24,643	)	(24,643	)	(33,372	)	(27,523	)	(27,523	)	(27,523	)	(25,893	)	(24,670	)	(24,670	)	(24,670	)	(25,703	)	(340,119	)
Capital Expenditures	7	(838	)	(838	)	(838	)	(838	)	(861	)	(865	)	(865	)	(865	)	(850	)	(838	)	(838	)	(838	)	(838	)	(11,011	)
Marine Freight Payments	8	(1,600	)	(1,600	)	(1,600	)	(3,400	)	(1,600	)	(1,600	)	(1,600	)	(3,400	)	(1,600	)	(1,600	)	(1,600	)	(3,400	)	(1,600	)	(26,200	)
Utility Payments	9	(7,774	)	(6,304	)	(10,068	)	(6,304	)	(5,275	)	(6,304	)	(10,355	)	(6,304	)	(6,418	)	(6,304	)	(6,304	)	(10,136	)	(8,133	)	(95,984	)
Payroll & Benefits	10	(8,052	)	(9,563	)	(7,552	)	(15,711	)	(7,074	)	(8,942	)	(7,427	)	(6,627	)	(13,906	)	(6,755	)	(8,704	)	(9,755	)	(9,856	)	(119,927	)
Joint Venture Remittances, Net	11	—		(19,607	)	—		(3,200	)	—		—		(19,375	)	(3,193	)	—		—		(20,945	)	(3,197	)	—		(69,518	)
Restructuring & Other Items	12	(1,100	)	(1,100	)	(1,100	)	(1,100	)	(1,350	)	(1,100	)	(1,100	)	(1,100	)	(1,350	)	(1,100	)	(1,100	)	(1,100	)	(1,350	)	(15,050	)
Total Disbursements		(44,007	)	(63,656	)	(45,802	)	(55,197	)	(49,532	)	(46,334	)	(68,246	)	(49,012	)	(50,017	)	(41,268	)	(64,161	)	(53,097	)	(47,481	)	(677,810	)
Financing
Repayment / Interest Under Securitization Program	13	(1,272	)	—		—		—		(1,235	)	—		—		—		(1,235	)	—		—		—		(1,235	)	(4,978	)
Adequate Protection and Fees by DCorp to ACCC Term Lenders	14	—		—		—		—		(3,287	)	—		—		—		(3,470	)	—		—		—		(3,297	)	(10,054	)
Securitization Renewal Fees	13	—		—		—		—		—		—		(2,700	)	—		—		—		—		—		—		(2,700	)
Total Financing		(1,272	)	—		—		—		(4,522	)	—		(2,700	)	—		(4,705	)	—		—		—		(4,532	)	(17,732	)
Total Change in Cash		(2,203	)	(19,372	)	8,412		4,685		(4,735	)	3,273		(21,551	)	(4,587	)	429		(50	)	(19,497	)	(9,483	)	(6,521	)	(71,200	)
Ending Cash Balance		210,595		191,223		199,635		204,320		199,585		202,858		181,306		176,719		177,148		177,099		157,602		148,119		141,598		141,598
Ending Cash Balance		210,595		191,223		199,635		204,320		199,585		202,858		181,306		176,719		177,148		177,099		157,602		148,119		141,598		141,598
ULC DIP Facility Available Upon Notice	15	49,000		49,000		49,000		49,000		49,000		49,000		49,000		49,000		49,000		49,000		49,000		49,000		49,000		49,000
Availability Under Securitization Program	13	1,386		10,266		23,448		19,315		10,776		11,195		13,561		16,755		21,049		12,867		17,076		23,312		20,408		20,408
Immediately Available Liquidity		260,980		250,489		272,083		272,635		259,362		263,053		243,868		242,474		247,197		238,965		223,678		220,431		211,005		211,005
ULC DIP Facility Available Upon Court Approval	15	49,000		49,000		49,000		49,000		49,000		49,000		49,000		49,000		49,000		49,000		49,000		49,000		49,000		49,000
West Tacoma Proceeds Held in Trust	16	4,051		4,051		4,051		4,051		4,051		4,051		4,051		4,051		4,051		4,051		4,051		4,051		4,051		4,051
Belgo Proceeds Held in Trust	16	1,734		1,734		1,734		1,734		1,734		1,734		1,734		1,734		1,734		1,734		1,734		1,734		1,734		1,734
Lufkin Proceeds Held in Trust	16	—		—		—		—		20,750		20,750		20,750		20,750		20,750		20,750		20,750		20,750		20,750		20,750
Recycling Proceeds Held in Trust	16	11,265		11,265		11,265		11,265		11,265		11,265		11,265		11,265		11,265		11,265		11,265		11,265		11,265		11,265
St. Raymond Proceeds Held in Trust	16	2,810		2,810		2,810		2,810		2,810		2,810		2,810		2,810		2,810		2,810		2,810		2,810		2,810		2,810
Alabama River Equipment Proceeds Held in Trust	16	1,250		1,250		1,250		1,250		1,250		1,250		1,250		1,250		1,250		1,250		1,250		1,250		1,250		1,250
Total Available Liquidity	15, 16	331,089		320,598		342,193		342,744		350,221		353,913		334,727		333,333		338,056		329,825		314,538		311,291		301,865		301,865
Securitization Schedule	17
Availability Based on Receivable Pool Balance		121,091		129,971		143,154		139,021		130,482		130,901		133,267		136,460		140,754		132,572		136,782		143,018		140,113		140,113
Amount Drawn Under Facility		119,706		119,706		119,706		119,706		119,706		119,706		119,706		119,706		119,706		119,706		119,706		119,706		119,706		119,706
Available Liquidity Before Interest, Fees and Repayments		1,386		10,266		23,448		19,315		10,776		11,195		13,561		16,755		21,049		12,867		17,076		23,312		20,408		20,408
Interest and Repayments	18	(1,272	)	—		—		—		(1,235	)	—		—		—		(1,235	)	—		—		—		(1,235	)	(4,978	)
Restricted ULC Reserve Deposit	19	51,254		51,254		51,254		51,254		51,254		51,254		51,254		51,254		51,254		51,254		51,254		51,254		51,254		51,254

The above forecast uses an exchange rate of CDN$1.00=US$0.98.

Note: The above totals are subject to rounding adjustments in the underlying balances.

The information and analysis in this document have not been audited or reviewed and, accordingly, no assurances are provided thereon. In addition, because forecasts are dependent upon numerous assumptions regarding future events, actual results will be different than forecast, and such differences may be material.

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Abitibi Consolidated Inc. and its subsidiaries (the “ACI Group”)

Notes to Weekly Cash Flow Forecast

13 Weeks Ending August 1, 2010

US$000

1. Opening Cash in the forecast includes cash on hand and reflects a foreign exchange rate of CDN$1.00=USD$0.98 (previously CDN$1.00=USD$0.90). As a result of this change the opening cash per the forecast does not agree with the prior week’s actual closing cash balance.

2. The cash flow forecast includes mills owned by the ACI Group and its subsidiaries and includes the operations of the DCorp Group. This weekly cash flow forecast may differ from the ACI Monthly Forecast as the underlying assumptions are updated weekly and will vary with the ongoing operations of the ACI Group, whereas the ACI Monthly Forecast is based on longer-term assumptions used to forecast future monthly cash flow.

3. Total A/R Collections represent amounts estimated to be collected from the ACI Group’s customers. The timing of collections is based on the ACI Group’s collection terms with its customers and the latest sales forecast.

4. Collections on Behalf of Joint Ventures represent amounts estimated to be collected by the ACI Group on behalf of its joint venture partners. The ACI Group has agreements with its joint venture partners whereby the ACI Group collects the joint venture partners’ accounts receivable (for a fee) and remits these funds to the joint venture in accordance with their agreement.

5. Other Inflows represent miscellaneous receipts including, but not limited to, such items as tax refunds, insurance proceeds or collection/management fees received from joint ventures, as estimated by the ACI Group.

6. Trade Payables represent amounts estimated to be paid to suppliers for the purchase of the ACI Group’s raw materials, repairs and maintenance and other goods and services related to production. Also included are disbursements related to selling, general and administration expenses.

7. Capital Expenditures represent amounts estimated to be paid pursuant to the ACI Group’s most recent capital expenditure budget.

8. Marine Freight Payments represent amounts estimated to be paid to the ACI Group’s outbound marine freight suppliers.

9. Utility Payments represent amounts estimated to be payable to the ACI Group’s utility suppliers.

10. Payroll and Benefits represent estimated amounts for salaries, wages, benefits and current service pension costs.

11. Joint Venture Remittances, Net represent the estimated payment of accounts receivable funds collected by the ACI Group on behalf of the respective joint venture, net of any collection/management fees.

12. Restructuring and Other Items represent amounts estimated by the ACI Group for restructuring costs and other miscellaneous payments.

13. Under the Amended Securitization Program, the ACI Group will not draw on the available capital unless such a draw is required for liquidity purposes. However, borrowing availability under the Amended Securitization Program is still immediately available as liquidity. The Repayment/Interest Under the Securitization Program represents the estimated repayment (including interest) of funds. Availability Under the Securitization Program represents the amount of immediately available liquidity under the ACI Group’s Amended Securitization Program. Securitization Renewal Fees represent amounts paid to renew the Amended Securitization facility in accordance with its terms.

14. Adequate Protection and fees by DCorp to ACCC Term Lenders represents an estimate of payments pursuant to the adequate protection order issued by the U.S. Bankruptcy Court.

15. Immediately Available Liquidity is calculated as cash on hand, amounts available under the Amended Securitization Program and the portion of the ULC DIP Facility that is available upon notice ($49 million). Total Available Liquidity includes an additional $49 million of the ULC Reserve, which availability is subject to Court approval, as well as the Lufkin Proceeds Held in Trust, Recycling Proceeds Held in Trust, West Tacoma Proceeds Held in Trust, St. Raymond Proceeds Held in Trust, Belgo Proceeds Held in Trust and Alabama River Equipment Proceeds Held in Trust, available upon 10 days’ notice to the agent for the ACCC Term Lenders.

16. The estimated and/or actual, as the case may be, net proceeds from the sale of the Lufkin mill ($20.8 million), the recycling assets ($11.3 million), St. Raymond mill ($2.8 million), West Tacoma mill ($4.1 million), Belgo mill ($1.7 million) and Alabama River equipment ($1.3 million) will be held in escrow or a designated account and are only available upon 10 days’ notice to the agent for the ACCC Term Lenders.

17. The Securitization Summary represents the ACI Group’s estimated calculation of amounts owing or available under the Amended Securitization Program based on the eligible accounts receivable (net of any fees, interest or allowances).

18. The Interest and Repayments represent interest related to the Amended Securitization Program, as well as repayments of funds.

19. Based on the current foreign exchange rate used in the forecast of CDN$1.00=USD$0.98, of the $276.7 million ($254.1 million at $0.90 USD FX) paid to the ULC Reserve, the Company drew $127.4 million ($117 million at $0.90 USD FX) as of the date of closing of the MPCo sale and has $49 million ($45 million at $0.90 USD FX) immediately available for liquidity purposes, with an additional $49 million ($45 million at $0.90 USD FX) availability subject to Court approval. The remaining $51.3 million ($47.1 million at 0.$90 USD FX) of the ULC Reserve will be held in cash, but will not be made available to the Company.

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APPENDIX “H”

BCFPI CASH FLOW FORECAST

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Bowater Canadian Forest Products Inc.

Chapter 11/CCAA Cash Flow

13 Week Period Ending August 1, 2010

US$000s

Week Ended	Notes	9-May-10		16-May-10		23-May-10		30-May-10		6-Jun-10		13-Jun-10		20-Jun-10		27-Jun-10		4-Jul-10		11-Jul-10		18-Jul-10		25-Jul-10		1-Aug-10		Total
Receipts
Trade Receipts	1, 2	19,280		20,042		10,598		18,431		9,449		12,299		12,584		12,423		12,927		10,589		10,697		11,830		11,504		172,652
Intercompany A/P Settlements	3	—		2,000		—		2,000		—		—		—		—		—		—		—		—		—		4,000
Advances/(Repayments) from Bowater Inc.	4	(5,000	)	(13,000	)	(1,000	)	(10,000	)	4,000		(2,000	)	(2,000	)	(1,000	)	(1,000	)	(1,000	)	(1,000	)	(2,000	)	—		(35,000	)
Other Receipts	5	1,251		497		350		350		1,711		350		350		350		1,711		350		350		350		350		8,320
Total Receipts		15,531		9,539		9,948		10,781		15,160		10,649		10,934		11,773		13,638		9,939		10,047		10,180		11,854		149,972
Disbursements
Trade Payables	6	(10,530	)	(6,530	)	(6,530	)	(6,530	)	(9,311	)	(7,113	)	(7,113	)	(7,113	)	(6,655	)	(6,311	)	(6,311	)	(6,311	)	(6,326	)	(92,686	)
Freight	7	(1,093	)	(1,093	)	(1,093	)	(1,093	)	(1,148	)	(1,157	)	(1,157	)	(1,157	)	(1,071	)	(1,006	)	(1,006	)	(1,006	)	(1,015	)	(14,096	)
Payroll and Benefits	8	(895	)	(3,190	)	(768	)	(2,120	)	(3,775	)	(2,081	)	(1,893	)	(2,081	)	(3,824	)	(1,992	)	(1,840	)	(1,952	)	(3,007	)	(29,419	)
Capital Expenditures	9	(452	)	(452	)	(452	)	(452	)	(465	)	(467	)	(467	)	(467	)	(458	)	(452	)	(452	)	(452	)	(452	)	(5,935	)
Total Disbursements		(12,970	)	(11,265	)	(8,844	)	(10,195	)	(14,699	)	(10,818	)	(10,630	)	(10,818	)	(12,008	)	(9,760	)	(9,609	)	(9,721	)	(10,800	)	(142,137	)
Net Cash Flow From Operations		2,561		(1,726	)	1,104		585		461		(169	)	303		955		1,630		178		439		460		1,054		7,835
Financing and Restructuring
Interest	10	(200	)	—		(380	)	(831	)	—		—		—		(391	)	(810	)	—		—		(378	)	(831	)	(3,821	)
Restructuring Costs	11	(319	)	(319	)	(319	)	(319	)	(319	)	(319	)	(319	)	(319	)	(319	)	(319	)	(319	)	(319	)	(319	)	(4,141	)
Cash Flow From Financing/ Restructuring		(519	)	(319	)	(699	)	(1,150	)	(319	)	(319	)	(319	)	(709	)	(1,129	)	(319	)	(319	)	(697	)	(1,150	)	(7,961	)
Net Cash Flow		2,042		(2,045	)	405		(564	)	143		(487	)	(15	)	245		502		(140	)	120		(237	)	(95	)	(126	)
Opening Bank Balance		10,126		12,168		10,123		10,529		9,965		10,107		9,620		9,605		9,850		10,352		10,212		10,332		10,095		10,126
Cash Flow		2,042		(2,045	)	405		(564	)	143		(487	)	(15	)	245		502		(140	)	120		(237	)	(95	)	(126	)
Closing Bank Balance	2	12,168		10,123		10,529		9,965		10,107		9,620		9,605		9,850		10,352		10,212		10,332		10,095		10,000		10,000
Settlement Proceeds Held in Trust by Monitor	12	28,167		28,167		28,167		28,167		28,167		28,167		28,167		28,167		28,167		28,167		28,167		28,167		28,167		28,167
Closing Bank Balance Including Settlement Proceeds		40,336		38,291		38,696		38,132		38,275		37,788		37,772		38,018		38,520		38,380		38,500		38,263		38,167		38,167
Intercompany A/R Balance	13
Ending Balance		33,199		36,185		38,844		37,872		39,616		40,132		40,546		40,808		40,510		40,644		40,747		40,427		40,320		40,320
Cumulative Advances from Bowater Inc.
Opening Advance Balance		35,000		30,000		17,000		16,000		6,000		10,000		8,000		6,000		5,000		4,000		3,000		2,000		—		35,000
Advance / (Repayment)	4	(5,000	)	(13,000	)	(1,000	)	(10,000	)	4,000		(2,000	)	(2,000	)	(1,000	)	(1,000	)	(1,000	)	(1,000	)	(2,000	)	—		(35,000	)
Closing Advance Balance		30,000		17,000		16,000		6,000		10,000		8,000		6,000		5,000		4,000		3,000		2,000		—		—		—

The above forecast uses an exchange rate of CDN$1.00=US$0.98

Amounts in the above table are subject to rounding adjustments from the underlying balances

The information and analysis in this document have not been audited or reviewed and, accordingly, no assurances are provided thereon. In addition, because forecasts are dependent upon numerous assumptions regarding future events, actual results will be different than forecast, and such difference may be material.

- 42 -

Bowater Canadian Forest Products Inc. (“BCFPI”)

Notes to CCAA Cash Flow

13 Week Period Ending August 1, 2010

US$000s

1. Trade Receipts are based on BCFPI’s estimate of collection terms and BCFPI’s latest sales forecast.

2. The cash flows included in the forecast include only those BCFPI mills in Canada. No funding or dividends from foreign subsidiaries are included in the forecast.

3. Intercompany A/P Settlements represents the reimbursement of funds disbursed on behalf of Bowater Mersey.

4. Advances/(Repayments) from Bowater Inc. represents amounts received pursuant to the BI/BCFPI DIP Facility to maintain sufficient liquidity.

5. Other Receipts include the sale of woodchips, sundry mill level deposits and sales tax refunds.

6. Trade Payables represent payments for raw materials, repairs and maintenance, utilities, insurance and other costs.

7. Freight represents disbursements in respect of costs to deliver product to customers.

8. Payroll and Benefits represent amounts paid to employees for salaries and wages (including the related withholdings), pension payments and other benefits due under employee benefit programs. The forecast assumes that only those pension payments in respect of current service costs will be paid.

9. Capital Expenditures are costs scheduled to be made in accordance with agreements with BCFPI’s various capital equipment suppliers and reflect requirements pursuant to BCFPI’s most recent capital expenditure budget.

10. Interest represents interest costs and renewal fees for the company’s senior secured revolving facility, the existing secured term loan and the BI/BCFPI DIP facility. Interest on Advances from Bowater Inc. are accrued at the 1 month LIBOR rate plus 2%.

11. Restructuring Costs represent costs related to the restructuring including transaction fees related to the new DIP facility.

12. Settlement Proceeds Held in Trust represent funds received by BCFPI pursuant to an agreement it had with Smurfit-Stone Container Canada Inc. The amount held in trust by the Monitor does not form part of the Closing Bank Balance.

13. The Intercompany A/R Balance represents pre-filing and post-filing sales to paper customers in the United States by BCFPI through Bowater America Inc. This amount is assumed not to be stayed and is collected by BCFPI from Bowater America Inc. in the normal course. This balance represents trade A/R only and does not represent any amounts funded from BI to BCFPI pursuant to the BI/BCFPI DIP Facility.

- 43 -

APPPENDIX “I”

ACI GROUP KEY PERFORMANCE INDICATORS

- 44 -

ACI Group

KPI Analysis

Newsprint, Specialty Paper & Pulp

Sales tonnage (MT)	September	October	November	December	January	February	March	April
Newsprint	123,303	134,539	134,309	142,165	121,084	91,235	142,627	94,276
Specialty Paper	108,382	106,850	102,796	91,047	89,914	86,604	96,506	99,449
Pulp	2,478	4,726	5,347	5,513	4,270	4,187	6,949	6,087
	234,163	246,115	242,451	238,725	215,267	182,026	246,082	199,812
Net sales (US$000)	143,566	146,853	144,830	139,663	130,193	112,015	145,064	132,237
Net selling price per tonne (US$)	613	597	597	585	605	615	589	662
Mill Uptime (%)	76	78	81	80	77	79	79	83
Lumber
Sales (mbf)	66	63	81	68	64	76	102	86
Net sales (US$000)	19,739	18,932	22,071	18,907	19,048	22,947	32,866	29,302
Sales per mbf (US$)	297	301	273	280	296	303	322	342

- 45 -

APPENDIX “J”

BCFPI KEY PERFORMANCE INDICATORS

- 46 -

Bowater Canadian Forest Products Inc.

KPI Analysis

Newsprint, Specialty Paper & Pulp

Sales tonnage (MT)	September	October	November	December	January	February	March	April
Newsprint	21,734	21,538	22,681	20,217	16,002	28,217	41,719	34,099
Specialty Paper	6,588	5,603	5,702	4,986	5,348	3,470	7,541	4,726
Pulp	25,279	26,584	24,075	32,379	23,094	35,612	30,892	25,977
	53,601	53,724	52,458	57,582	44,444	67,299	80,152	64,802
Net sales (US$000)	29,188	30,076	30,592	34,018	26,416	39,998	46,027	40,826
Net selling price per tonne (US$)	545	560	583	591	594	594	574	630
Mill Uptime (%)	80	73	81	80	77	82	83	79
Lumber
Sales (mbf)	34	38	41	32	33	47	56	52
Net sales (US$000)	8,510	9,509	10,188	8,337	8,472	13,257	16,333	15,733
Sales per mbf (US$)	250	250	249	257	259	282	290	302

- 47 -