EX-99.35 37 g73863ex99-35.txt GREAT HAWAIIAN CRUISE-NOV 01 OPERATING REPORT EXHIBIT 99.35 Debtor: GREAT HAWAIIAN CRUISE LINE, INC. CASE NUMBER: 01-10975(EIK) MONTHLY OPERATING REPORT AS OF NOVEMBER 30, 2001 AND FOR THE PERIOD OCTOBER 23, 2001 THROUGH NOVEMBER 30, 2001 In accordance with title 28, section 1746, of the United States Code, I declare under penalty of perjury that I have examined the attached Preliminary December Monthly Operating Report (Attachments 1 through 9) and, to the best of my knowledge, these documents are true, correct, and complete. /s/ Nicholas J. Davison --------------------------------- Nicholas J. Davison Senior Vice President /s/ Randall L. Talcott ---------------------------------- Randall L. Talcott Vice President - Finance DEBTOR: GREAT HAWAIIAN CRUISE LINE, INC. CASE NUMBER: 01-10975 (EIK) Monthly Operating Report As of November 30, 2001 And For the Period October 23, 2001 Through November 30, 2001 CONTENTS Attachment 1 Summary of Bank and Investment Accounts Attachment 2 Schedule of Receipts and Disbursements Attachment 3 Bank and Investment Account Statements Attachment 4 Income Statement Attachment 5 Balance Sheet Attachment 6 Summary of Due To/Due From Intercompany Accounts Attachment 7 Accounts Receivable Aging Attachment 8 Accounts Payable Detail Attachment 9 Notes to November Monthly Operating Report 20-Jan-02 Summary Of Bank And Investment Accounts Attachment 1 10:05 AM Great Hawaiian Cruise Line. Inc. Case No: 01-10975 (EIK) Unaudited SUMMARY For Period Of 23 October - 30 November, 2001 GREAT HAWAIIAN CRUISE LINE, INC.
Balances -------------------------------- Receipts & Bank Opening Closing Disbursements Statements Account Account As Of 10/23/01 As Of 11/30/01 Included Included Reconciled ------- -------------- -------------- ------------- ---------- ---------- No Bank Or Investment NA NA NA NA NA Accounts
20-Jan-02 Receipts & Disbursements Attachment 2 12:27 PM Great Hawaiian Cruise Line, Inc. Summary Case No: 01-10975 (EIK) Great Hawaiian Cruise Line For Period Of 23 October - 30 November, 2001 Attach 2&3
No Receipts Or Disbursements Due To No Bank Or Investment Accounts 20-Jan-02 Concentration & Investment Account Statements Attachment 3 12:44 PM Great Hawaiian Cruise Line, Inc. Summary Case No: 01-10975 (EIK) Great Hawaiian Cruise Line For Period Of 23 October - 30 November, 2001 Attach 2&3
No Statements Due To No Concentration Or Investment Accounts AMCV US SET OF BOOKS Date: 21-JAN-02 18:30:22 INCOME STATEMENT Page: 1 Current Period: NOV-01 currency USD Company=50 (GREAT HAWAII CRUISE LN)
PTD-Actual NOV-01 ---------- Revenue Gross Revenue 0.00 Allowances 0.00 ---------- Net Revenue 0.00 Operating Expenses Air 0.00 Hotel 0.00 Commissions 0.00 Onboard Expenses 0.00 Passenger Expenses 0.00 Vessel Expenses 0.00 Layup/Drydock Expense 0.00 Vessel Insurance 0.00 ---------- Total Operating Expenses 0.00 ---------- Gross Profit 0.00 SG&A Expenses Sales & Marketing 0.00 Pre-Opening Costs 0.00 ---------- Total SG&A Expenses 0.00 ---------- EBITDA 0.00 Depreciation 0.00 ---------- Operating Income 0.00 Other Expense/(Income) Interest Income 0.00 Interest Expense 0.00 Equity in Earnings for Sub 769,216.96 ---------- Total Other Expense/(Income) (769,216.96) ---------- Net Pretax Income/(Loss) 769,216.96 ---------- Income Tax Expense (13,472.25) ---------- Net Income/(Loss) 782,689.21 ----------
Attachment 4 currency USD Company=50 (GREAT HAWAII CRUISE LN) AMCV US SET OF BOOKS Date: 21-JAN-02 15:10:55 BALANCE SHEET Page: 1 Current Period: NOV-01
YTD-Actual YTD-Actual NOV-01 OCT-01 ------------- ------------- ASSETS Cash and Equivalent 0.00 0.00 Restricted Cash 0.00 0.00 Marketable Securities 0.00 0.00 Accounts Receivable 0.00 0.00 Inventories 0.00 0.00 Prepaid Expenses 0.00 0.00 Other Current Assets 0.00 0.00 ------------- ------------- Total Current Assets 0.00 0.00 Fixed Assets 0.00 0.00 Accumulated Depreciation 0.00 0.00 ------------- ------------- Net Fixed Assets 0.00 0.00 Net Goodwill 0.00 0.00 Intercompany Due To/From (24,594,729.45) (24,608,201.70) Net Deferred Financing Fees 0.00 0.00 Net Investment in Subsidiaries 42,301,325.14 41,532,108.18 Other Non Current Assets 0.00 0.00 ------------- ------------- Total Other Assets 17,706,595.69 16,923,906.48 ------------- ------------- Total Assets 17,706,595.69 16,923,906.48 ------------- -------------
Attachment 5 AMCV US SET OF BOOKS Date: 21-JAN-02 15:10:55 BALANCE SHEET Page: 2 Current Period: NOV-01 currency USD Company-50(GREAT HAWAII CRUISE LN)
YTD-Actual YTD-Actual NOV-01 OCT-01 ------------- ------------- LIABILITIES Accounts Payable 0.00 0.00 Accrued Liabilities 0.00 0.00 Deposits 0.00 0.00 ------------- ------------- Total Current Liabilities 0.00 0.00 Long Term Debt 0.00 0.00 Other Long Term Liabilities (1,816,230.95)(Note 1) (1,816,230.95) ------------- ------------- Total Liabilities (1,816,230.95) (1,816,230.95) OTHER Liabilities Subject to Compromise 0.00 0.00 Total Other 0.00 0.00 OWNER'S EQUITY Common Stock 8,440.25 8,440.25 Add'1 Paid In Capital 76,531,536.87 76,531,536.87 Current Net Income (Loss) (10,994,645.71) (11,777,334.92) Retained Earnings (46,022,504.77) (46,022,504.77) ------------- ------------- Total Owner's Equity 19,522,826.64 18,740,137.43 ------------- ------------- Total Liabilities & Other & 17,706,595.69 16,923,906.48 ------------- -------------
Great Hawaiian Cruise Line, Inc. 01-10975 Summary List of Due To/Due From Accounts For the Period October 22, 2001 through November 30, 2001
BEGINNING ENDING AFFILIATE NAME CASE NUMBER BALANCE DEBITS CREDITS BALANCE American Classic Voyages Co. 01-10954 (3,585,960.47) -- -- (3,585,960.47) AMCV Cruise Operations Inc, 01-10967 (28,812.26) 13,472.25 -- (15,340.01) The Delta Queen Steamboat Co. 01-10970 1,286.35 -- -- 1,286.35 Oceanic Ship Co, N/A (1,803.12) -- -- (1,803.12) Great Hawaiian Properties Corporation 01-10971 3,667,617.75 -- -- 3,667,617.75 American Hawaiian Properties Corporation 01-10976 743.26 -- -- 743.26 Great Independence Ship Co. 01-10969 (24,661,273.21) -- -- (24 661,273 21) -------------- --------- ---- -------------- (24,608,201.70) 13,472.25 -- (24,594,729.45) ============== ========= ==== ==============
Attachment 6 Great Hawaiian Cruise Line, Inc. Monthly Operating Report As of November 30, 2001 And for the Period October 23, 2001 thru November 30, 2001 Attachment 7 Not Applicable Great Hawaiian Cruise Line, Inc. Monthly Operating Report As of November 30, 2001 And for the Period October 23, 2001 thru November 30, 2001 Attachment 8 Not Applicable DEBTOR: GREAT HAWAIIAN CRUISE LINE, INC. CASE NUMBER: 01-10975 (EIK) PRELIMINARY MONTHLY OPERATING REPORT AS OF NOVEMBER 30, 2001 AND FOR THE PERIOD OCTOBER 23, 2001 THROUGH NOVEMBER 30, 2001 ATTACHMENT 9 NOTES TO NOVEMBER MONTHLY OPERATING REPORT The information contained herein is unaudited. All assets presented herein continue to be held at historical book values, net of accumulated depreciation or amortization. The Company has not attempted to adjust its books to reflect fair market values of its assets, nor has it attempted to adjust asset book values to reflect any potential impairments. Liabilities included in these financial statements reflect amounts known by the Company to have been incurred. The Company has listed in prior filings with the United States Trustee potential additional claims it believes may be asserted against the Company. To the best of the Debtor's knowledge and belief, based on currently available information, all Federal income and payroll taxes due and owing have been paid. 1. Other long-term liabilities consists of deferred tax assets and liabilities, net. Deferred tax assets and liabilities have been recognized for the expected future tax consequences of temporary differences between carrying amounts and the tax bases of assets and liabilities. The Debtor has not recorded adjustments to these amounts pending the outcome of Chapter 11 proceedings.