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 ======================================================