EX-99.5 7 ex99-5.htm Exhibit 99.5

 

 

 

In re  SFA, Inc

 

Case No. 02-50562

         A Missouri Corporation

 

 

 

 

 

 

 

 

 

 

 

MONTHLY OPERATING REPORT SUMMARY

 

FOR THE MONTH OF AUGUST, 2003

REVENUE

Gross Income

 $                           -  

Less Cost of Goods Sold

 $                           -  

Materials

 $                           -  

Direct Labor

 $                           -  

Overhead

 $                           -  

Gross Profit

 $                           -  

OPERATING EXPENSES

Owner/Officer-Draws/Salaries

 $                           -  

Other Employee Salaries

 $                           -  

Advertising and Marketing

 $                           -  

Insurance

 $                1,095.18

Payroll Taxes

 $                           -  

Lease and Rent

 $                 (118.77)

Telephone and Utlities

 $                 (176.63)

Attorney and other Professional Fees

 $                           -  

UST Quarterly Fees

 $                           -  

Other Expenses

 $          (448,597.77)

Total Operating Expenses

 $        (447,797.99)

Net Income (Loss)

 $          447,797.99 

CURRENT ASSETS

Accounts Receivable at end of month

 $            119,451.36 

Increase (Decrease) in AR for month

 $            (34,765.45)

Inventory at end of month

 $              14,012.40 

Increase (Decrease) in Inventory for month

 $                            -  

Cash at end of the month

 $                6,708.23 

Increase (Decrease) in Cash for month

 $          (190,634.91)

LIABILITIES

Increase (Decrease) in post-petition debt

 $            (12,983.10)

Increase (Decrease) in pre-petition debt 

 $            (38,454.53)

Taxes Payable:

Federal Payroll Taxes

 $                           -  

State Payroll Taxes

 $                           -  

Local Payroll Taxes

 $                           -  

State Sales Taxes

 $                           -  

Real Estate and Personal

 $                           -  

Property Taxes

 $                           -  

Other (footnote)

 $              (3,000.00)

Total Taxes Payable

 $              (3,000.00)

Footnote:

Accrued Advalorem Taxes

(3,000.00)

Tonnage Tax

0.00 

Pre Income Tax Payable

0.00 

Pre Tonage Tax

0.00 

Pre Federal Gas Tax Payable

0.00 

Pre Accrued Advalorem Taxes

0.00 

(3,000.00)