EX-99.5 7 ex99-5.htm Exhibit 99.5

In re  SFA, Inc

 

Case No. 02-50562

 

 

 

 

 

 

 

 

 

 

 

 

 

MONTHLY OPERATING REPORT SUMMARY

 

FOR THE MONTH OF NOVEMBER, 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

 $                          -   

Payroll Taxes

 $                          -   

Lease and Rent

 $               1,051.45 

Telephone and Utlities

 $                          -   

Attorney and other Professional Fees

 $               1,131.25 

UST Quarterly Fees

 $                          -   

Other Expenses

 $           122,734.44 

Total Operating Expenses

 $           124,917.14 

Net Income (Loss)

 $         (124,917.14)

CURRENT ASSETS

Accounts Receivable at end of month

 $            107,811.87 

Increase (Decrease) in AR for month

 $              (1,406.48)

Inventory at end of month

 $               1,169.56 

Increase (Decrease) in Inventory for month

 $                          -   

Cash at end of the month

 $             38,822.43 

Increase (Decrease) in Cash for month

 $             (1,111.40)

LIABILITIES

Increase (Decrease) in post-petition debt

 $              (2,354.79)

Increase (Decrease) in pre-petition debt 

 $           117,385.69 

Taxes Payable:

Federal Payroll Taxes

 $                          -   

State Payroll Taxes

 $                          -   

Local Payroll Taxes

 $                          -   

State Sales Taxes

 $                          -   

Real Estate and Personal

 $                          -   

Property Taxes

 $                          -   

Other (footnote)

 $                 (733.26)

Total Taxes Payable

 $                 (733.26)

Footnote:

Accrued Advalorem Taxes

(733.26)

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 

(733.26)