EX-99.36 38 g73863ex99-36.txt GREAT HAWAIIAN CRUISE - DEC 01 OPERATING REPORT EXHIBIT 99.36 DEBTOR: GREAT HAWAIIAN CRUISE LINE, INC. CASE NUMBER: 01-10975 (EIK) MONTHLY OPERATING REPORT AS OF DECEMBER 31, 2001 AND FOR THE MONTH THEN ENDED Great Hawaiian Cruise Line, Inc. (the "Debtor") received the information required to analyze and reconcile the accounts and other information contained in the attached December Monthly Operating Report too late to perform such analyses and reconciliations prior to the report's filing. Accordingly, the accounts and other information contained in the December Monthly Operating Report are subject to adjustment and reconciliation and may change materially once the analyses and reconciliations are performed. Subject to the foregoing possible material modifications and possible revisions, in accordance with title 28, section 1746, of the United States Code, I declare under penalty of perjury that I have examined the attached December Monthly Operating Report (Attachments 1 through 9) and the accompanying attachments and, to the best of my knowledge, these documents are true, correct, and complete. /s/ Nicholas J. Davison ------------------------------- Nicholas J. Davison Senior Vice /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 DECEMBER 31, 2001 AND FOR THE MONTH THEN ENDED 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 December Monthly Operating Report
Summary Of Bank And Investment Accounts Attachment 1 Summary Great Hawaiian Cruise Line. Inc. Great Hawaiian Case No: 01-10975 (EIK) UNAUDITED Cruise Line, Inc. For Month Of December, 2001
Balances --------------------------------- Receipts & Bank Opening Closing Disbursements Statements Account Account As Of 12/01/01 As Of 12/31/01 Included Included Reconciled -------------- -------------- ------------- ---------- ---------- No Bank Or Investment NA NA NA NA NA Accounts
Receipts & Disbursements Attachment 2 Summary Great Hawaiian Cruise Line, Inc. Great Hawaiian Case No: 01-10975 (EIK) Cruise Line For Month Of December, 2001 Attach 2&3 No Receipts Or Disbursements Due To No Bank Or Investment Accounts Concentration & Investment Account Statements Attachment 3 Summary Great Hawaiian Cruise Line, Inc. Great Hawaiian Case No: 01-10975 (EIK) Cruise Line For Month Of December, 2001 Attach 2&3 No Statements Due To No Concentration Or Investment Accounts AMCV US SET OF BOOKS INCOME STATEMENT Page: 1 Current Period: DEC-O1 Currency USD Company = 50 (GREAT HAWAII CRUISE LN)
PTD-Actual DEC-O1 ---------- Revenue Gross Revenue 0.00 Allowances 0.00 ------- Net Revenue 0.00 Operating Expenses Air Hotel 0.00 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 S&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 0.00 ------- Total Other Expense/(Income) 0.00 ------- Net Pretax Income/(Loss) 0.00 ------- Income Tax Expense 0.00 ------- Net Income/(Loss) 0.00 -------
AMCV US SET OF BOOKS BALANCE SHEET Page: 1 Current Period: DEC-O1 Currency USD Company = 50 (GREAT HAWAII CRUISE LN)
YTD-Actual YTD-Actual DEC-O1 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 (13,195.66) 0.00 Other Current Assets 0.00 0.00 -------------- -------------- Total Current Assets 13,195.66) 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 (24,581,533.79) (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 17,719,791.35 16,923,906.48 -------------- -------------- Total Assets 17,706,595.69 16,923,906.48 -------------- --------------
AMCV US SET OF BOOKS BALANCE SHEET Page: 2 Current Period: DEC-O1 Currency USD Company = 50 (GREAT HAWAII CRUISE LN)
YTD-Actual YTD-Actual DEC-O1 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) (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 -------------- --------------
Summary List of Due To/Due From Accounts For the Period Ending December 31, 2001
BEGINNING ENDING AFFILIATE NAME CASE NUMBER BALANCE DEBITS CREDITS BALANCE -------------- ----------- ------------- -------- -------- -------------- American Classic Voyages Co. 01-10954 (3,585,960.47) -- 569.54 (3,586,530.01) AMCV Cruise Operations, Inc. 01-10967 (15,340.01) 14,542.02 776.82 (1,574.81) 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 -------------- --------- -------- -------------- (24,594,729.45) 14,542.02 1,346.36 (24,581,533.79) ============== ========= ======== ==============
Great Hawaiian Cruise Line, Inc. Monthly Operating Report As of December 31, 2001 And for the Period December 1, 2001 thru December 31, 2001 Attachment 7 Not Applicable Great Hawaiian Cruise Line, Inc. Monthly Operating Report As of December 31, 2001 And for the Period December 1, 2001 thru December 31, 2001 Attachment 8 Not Applicable DEBTOR: GREAT HAWAIIAN CRUISE LINE, INC. CASE NUMBER: 01-10975 (EIK) MONTHLY OPERATING REPORT AS OF DECEMBER 31, 2001 AND FOR THE MONTH THEN ENDED ATTACHMENT 9 NOTES TO DECEMBER 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. 2. Investment in subsidiaries has not been adjusted to record net income of subsidiaries for the period, pending final review and analysis of all accounts.