-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, LVXVJ+ARPQ276GVf94gmuH6zPdyCdTby/o3MVvQaR/SDg4VbJCvSjfG61ZhE8/OW IhBzxK6UbNUV48y5yhFGEQ== 0001116502-01-500755.txt : 20010720 0001116502-01-500755.hdr.sgml : 20010720 ACCESSION NUMBER: 0001116502-01-500755 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20010620 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 20010719 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GERALD STEVENS INC/ CENTRAL INDEX KEY: 0000037525 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 650971499 STATE OF INCORPORATION: FL FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-05531 FILM NUMBER: 1684384 BUSINESS ADDRESS: STREET 1: PO BOX 350526 CITY: FT LAUDERDALE STATE: FL ZIP: 33335-0526 BUSINESS PHONE: 9547135000 MAIL ADDRESS: STREET 1: 301 EAST LAS OLAS BLVD STREET 2: SUITE 300 CITY: FT LAUDERDALE STATE: FL ZIP: 33301 FORMER COMPANY: FORMER CONFORMED NAME: FLORAFAX INTERNATIONAL INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: SPOTTS FLORAFAX CORP DATE OF NAME CHANGE: 19740924 FORMER COMPANY: FORMER CONFORMED NAME: SPOTTS CORP DATE OF NAME CHANGE: 19671205 8-K 1 gs-8k.txt CURRENT REPORT 5 SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): June 20, 2001 ------------- GERALD STEVENS, INC. -------------------- (Exact name of registrant as specified in its charter) Florida 0-05531 65-0971499 ---------------- ---------------------- --------------- (State or other (Commission File (IRS Employer jurisdiction of Number) Identification No.) incorporation) 1800 Eller Drive, Fort Lauderdale, Florida 33316 ------------------------------------------------ (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: 954/627-1000 Item 5. Other Events ------------ As previously announced, on April 23, 2001, Gerald Stevens, Inc. filed voluntary petitions for itself and certain of its subsidiaries (the "Debtors") under Chapter 11 of the United States Bankruptcy Code (the "Bankruptcy Code") in the United States Bankruptcy Court in Miami, Florida (the "Chapter 11 Cases"). The Chapter 11 Cases have been substantively consolidated, and the cases are being administered jointly. The Debtors continue to operate the business and manage their property as debtors-in-possession pursuant to sections 1107 and 1108 of the Bankruptcy Code. On June 20, 2001, the Debtors submitted to the Bankruptcy Court their Monthly Financial Report for Business (the "Report") for the period beginning April 23, 2001 and ending May 31, 2001. A copy of the Report (excluding attachments filed with the Report submitted to the Bankruptcy Court) is attached hereto as Exhibit 99.1 Item 7. Financial Statements, Pro Forma Financial Statements, and Exhibits ------------------------------------------------------------------ (c) Exhibits. Exhibit No. Description ----------- ----------- 99.1 Monthly Financial Report For Business (Excluding Attachments) For the Period Beginning April 23, 2001 and Ending May 31, 2001 2 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed by the undersigned, thereunto duly authorized. GERALD STEVENS, INC. --------------------------------- (Registrant) By /s/ WAYNE MOOR -------------------- Wayne Moor Senior Vice President and Chief Financial Officer Dated: July 19, 2001 3 GERALD STEVENS, INC. Current Report on Form 8-K Exhibit Index Exhibit No. Description - ----------- ----------- 99.1 Monthly Financial Report For Business (Excluding Attachments) For the Period Beginning April 23, 2001 and Ending May 31, 2001 4 EX-99.1 2 ex99-1.txt MONTHLY FINANCIAL REPORT FOR BUSINESS GERALD STEVENS, INC. and SUBSIDIARIES CASE NUMBERS 01-13984 BKC-RAM through 01-14039-BKC-RAM MONTHLY FINANCIAL REPORT -------------- ------------------- FOR THE PERIOD BEGINNING 4/23/01 AND ENDING 5/31/01 -------------- -------------------
CURRENT MONTH ------------- CORPORATE CANADA ROYERS --------- ------ ------ 1 CASH AT BEGINNING OF PERIOD 1,799,448.84 315,845.12 172,083.10 2 RECEIPTS A Cash Sales 4,436,177.02 33,038.90 1,972,539.99 Less Cash Refunds (24,224.31) (21,120.96) --------------------------------------------------------- Net Cash Sales 4,411,952.71 33,038.90 1,951,419.03 B Collections of Postpetition AR (Incl CC) 13,180,007.77 184,588.02 787,629.92 C Collections of Prepetition AR 4,126,687.00 1,149,161.99 D Other Receipts 2,056,033.00 0.00 --------------------------------------------------------- 3 TOTAL RECEIPTS 23,774,680.48 217,626.92 3,888,210.94 --------------------------------------------------------- 4 TOTAL CASH AVAILABLE FOR OPERATIONS 25,574,129.32 533,472.04 4,060,294.04 5 DISBURSEMENTS A US Trustee Quarterly Fees - - B Net Payroll 6,123,710.54 70,780.91 1,216,973.36 C Payroll Taxes Paid 2,343,943.74 - 289,294.14 D Sales and Use Taxes Paid 1,097,581.61 31,356.89 - E Other Taxes Paid 59,190.04 - 1,473.77 F Rent 2,357,013.20 12,257.49 105,352.33 G Other Lease Payments 28,350.94 - - H Telephone 187,455.23 3,244.00 20,658.72 I Utilities 126,565.34 2,995.04 17,318.39 J Travel and Entertainment 130,122.66 - 1,554.37 K Vehicle Expense 534,996.26 2,444.46 93,856.33 L Office Supplies 67,535.61 1,720.73 49,757.00 M Advertising 1,144,825.47 3,695.14 54,667.62 N Insurance (Attachment 7) 2,222,677.47 5,024.44 - O Purchases of Fixed Assets 3,879.45 - - P Purchases of Inventory 4,383,604.13 51,415.94 588,390.68 Q Manufacturing Supplies 43,192.38 - - R Repairs and Maintenance 77,944.29 2,101.77 25,381.52 S Other Operating Expenses (Attach List) 4,656,848.82 12,664.13 27,850.14 --------------------------------------------------------- 6 TOTAL CASH DISBURSEMENTS 25,589,437.18 199,700.94 2,492,528.37 --------------------------------------------------------- 7 CASH AT END OF PERIOD (Item 4 Minus Item 6) (15,307.86) 333,771.10 1,567,765.67 ========================================================= [restubbed table] CURRENT MONTH ------------- NAT. FLORA AGA TOTAL ---------- --- ----- 1 CASH AT BEGINNING OF PERIOD 93,826.08 19,166.46 2,400,369.60 2 RECEIPTS - A Cash Sales 66,025.37 - 6,507,781.28 Less Cash Refunds - (45,345.27) ------------------------------------------------------ Net Cash Sales 66,025.37 - 6,462,436.01 B Collections of Postpetition AR (Incl CC) 33,844.01 428,047.68 14,614,117.40 C Collections of Prepetition AR - 5,275,848.99 D Other Receipts - 2,056,033.00 ------------------------------------------------------ 3 TOTAL RECEIPTS 99,869.38 428,047.68 28,408,435.40 ------------------------------------------------------ 4 TOTAL CASH AVAILABLE FOR OPERATIONS 193,695.46 447,214.14 30,808,805.00 5 DISBURSEMENTS 28,408,435.40 A US Trustee Quarterly Fees - B Net Payroll - - 7,411,464.81 C Payroll Taxes Paid - - 2,633,237.88 D Sales and Use Taxes Paid - - 1,128,938.50 E Other Taxes Paid - - 60,663.81 F Rent 24,133.34 17,997.41 2,516,753.77 G Other Lease Payments 3,320.14 1,317.10 32,988.18 H Telephone 9,154.85 904.89 221,417.69 I Utilities 599.30 3,566.98 151,045.05 J Travel and Entertainment 19,386.71 2,367.26 153,431.00 K Vehicle Expense 14.18 14,811.48 646,122.71 L Office Supplies 7,536.56 3,413.62 129,963.52 M Advertising 31,702.73 - 1,234,890.96 N Insurance (Attachment 7) - - 2,227,701.91 O Purchases of Fixed Assets 3,746.00 1,781.75 9,407.20 P Purchases of Inventory - 1,668,677.43 6,692,088.18 Q Manufacturing Supplies - - 43,192.38 R Repairs and Maintenance 2,454.49 - 107,882.07 S Other Operating Expenses (Attach List) 67,002.35 6,742.12 4,771,107.56 ------------------------------------------------------ 6 TOTAL CASH DISBURSEMENTS 169,050.65 1,721,580.04 30,172,297.18 ------------------------------------------------------ 7 CASH AT END OF PERIOD (Item 4 Minus Item 6) 24,644.81 (1,274,365.90) 636,507.82 ======================================================
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