EX-99.4 6 ex99-4.htm Exhibit 99.4

In re  Farmland Transportation

 

Case No. 02-50564

         A Missouri Corporation

 

 

 

 

 

 

 

 

 

 

 

MONTHLY OPERATING REPORT SUMMARY

 

FOR THE MONTH OF AUGUST, 2003

REVENUE

Gross Income

 $                            -  

Less Cost of Goods Sold

 $                3,144.60 

Materials

 $                            -  

Direct Labor

 $                            -  

Overhead

 $                3,144.60 

Gross Profit

 $            (3,144.60)

OPERATING EXPENSES

Owner/Officer-Draws/Salaries

 $                            -  

Other Employee Salaries

 $                6,350.33 

Advertising and Marketing

 $                            -  

Insurance

 $             (14,077.36)

Payroll Taxes

 $                   766.52 

Lease and Rent

 $                            -  

Telephone and Utlities

 $                2,108.47 

Attorney and other Professional Fees

 $                            -  

UST Quarterly Fees

 $                            -  

Other Expenses

 $            210,735.91 

Total Operating Expenses

 $         205,883.87 

Net Income (Loss)

($209,028.47)

CURRENT ASSETS

Accounts Receivable at end of month

 $            713,541.98 

Increase (Decrease) in AR for month

 $            (29,109.06)

Inventory at end of month

 $                           -  

Increase (Decrease) in Inventory for month

 $                           -  

Cash at end of the month

 $             (1,241.40)

Increase (Decrease) in Cash for month

 $             13,710.44 

LIABILITIES

Increase (Decrease) in post-petition debt

 $            27,413.81 

Increase (Decrease) in pre-petition debt

 $        (133,767.54)

Taxes Payable:

Federal Payroll Taxes

 $                        -  

State Payroll Taxes

 $                        -  

Local Payroll Taxes

 $                        -  

State Sales Taxes

 $                        -  

Real Estate and Personal

 $                        -  

Property Taxes

 $                        -  

Other (footnote)

 $                        -  

Total Taxes Payable

 $                          -  

Footnote:

PRE Fed Income Tax

0.00