EX-99.1 2 ex99-1.txt MONTHLY FINANCIAL REPORT GERALD STEVENS, INC. and SUBSIDIARIES EXHIBIT 99.1 CASE NUMBERS 01-13984 BKC-RAM through 01-14039-BKC-RAM MONTHLY FINANCIAL REPORT
--------------- --------------------- FOR THE PERIOD BEGINNING 6/1/01 AND ENDING 6/30/01 --------------- --------------------- CURRENT MONTH ------------- CORPORATE CANADA ROYERS --------- ------ ------ 1 CASH AT BEGINNING OF PERIOD (15,307.86) 333,771.10 1,567,765.67 2 RECEIPTS A Cash Sales 6,655,570.48 110,181.36 455,029.50 Less Cash Refunds - - (38.47) --------------------------------------------------------- Net Cash Sales 6,655,570.48 110,181.36 454,991.03 B Collections of Postpetition AR (Incl CC) 5,584,852.87 - 1,133,959.75 C Collections of Prepetition AR - - 151,123.42 D Other Receipts 568,977.66 - 386,577.71 Intercompany cash transfers, Net (209,329.07) - (1,713,639.88) --------------------------------------------------------- 3 TOTAL RECEIPTS 12,600,071.94 110,181.36 413,012.03 --------------------------------------------------------- 4 TOTAL CASH AVAILABLE FOR OPERATIONS 12,584,764.08 443,952.46 1,980,777.70 5 DISBURSEMENTS A US Trustee Quarterly Fees - - - B Net Payroll 3,259,593.61 39,212.25 625,273.40 C Payroll Taxes Paid 1,294,187.37 2,649.36 204,386.33 D Sales and Use Taxes Paid 1,020,323.29 - 157,271.60 E Other Taxes Paid 79,907.86 - 3,328.49 F Rent 918,457.69 29,930.76 106,314.81 G Other Lease Payments 28,736.24 460.80 - H Telephone 322,588.19 1,348.65 18,106.03 I Utilities 239,432.10 4,707.05 25,482.22 J Travel and Entertainment 40,323.83 - 1,437.40 K Vehicle Expense 469,624.33 4,007.15 38,651.64 L Office Supplies 51,624.73 677.36 14,014.91 M Advertising 1,397,188.57 2,794.21 25,684.53 N Insurance (Attachment 7) 929,111.89 3,190.52 - O Purchases of Fixed Assets - - 3,615.00 P Purchases of Inventory 2,253,188.39 155,553.41 295,173.92 Q Manufacturing Supplies 28,241.34 - - R Repairs and Maintenance 79,960.70 820.79 11,316.72 S Other Operating Expenses (Attach List) 1,746,735.99 198,600.15 5,401.53 --------------------------------------------------------- 6 TOTAL CASH DISBURSEMENTS 14,159,226.12 443,952.46 1,535,458.53 --------------------------------------------------------- 7 CASH AT END OF PERIOD (Item 4 Minus Item 6) (1,574,462.04) - 445,319.17 ========================================================= [restubbed table] CURRENT MONTH ------------- NAT. FLORA AGA TOTAL ---------- --- ----- 1 CASH AT BEGINNING OF PERIOD 24,644.81 (1,274,365.90) 636,507.82 2 RECEIPTS - A Cash Sales 70,931.15 - 7,291,712.49 Less Cash Refunds (4,711.15) - (4,749.62) -------------------------------------------------------- Net Cash Sales 66,220.00 - 7,286,962.87 B Collections of Postpetition AR (Incl CC) 27,075.48 247,431.16 6,993,319.26 C Collections of Prepetition AR 4,611.32 - 155,734.74 D Other Receipts - - 955,555.37 Intercompany cash transfers, Net (38,943.58) 1,961,912.53 - -------------------------------------------------------- 3 TOTAL RECEIPTS 58,963.22 2,209,343.69 15,391,572.24 -------------------------------------------------------- 4 TOTAL CASH AVAILABLE FOR OPERATIONS 83,608.03 934,977.79 16,028,080.06 5 DISBURSEMENTS A US Trustee Quarterly Fees - - - B Net Payroll 1,507.87 - 3,925,587.13 C Payroll Taxes Paid - 1,501,223.06 D Sales and Use Taxes Paid - 1,177,594.89 E Other Taxes Paid - 83,236.35 F Rent 17,997.41 1,072,700.67 G Other Lease Payments 11,542.42 5,725.21 46,464.67 H Telephone 7,731.13 6,126.47 355,900.47 I Utilities 2,699.32 7,702.45 280,023.14 J Travel and Entertainment 3,916.67 642.36 46,320.26 K Vehicle Expense 1,371.42 513,654.54 L Office Supplies 3,026.21 2,432.19 71,775.40 M Advertising 28,665.43 - 1,454,332.74 N Insurance (Attachment 7) - 932,302.41 O Purchases of Fixed Assets - 3,615.00 P Purchases of Inventory 1,326.66 845,216.47 3,550,458.85 Q Manufacturing Supplies 708.23 28,949.57 R Repairs and Maintenance 1,372.20 2,973.34 96,443.75 S Other Operating Expenses (Attach List) 10,250.34 4,150.69 1,965,138.70 -------------------------------------------------------- 6 TOTAL CASH DISBURSEMENTS 72,038.25 895,046.24 17,105,721.60 -------------------------------------------------------- 7 CASH AT END OF PERIOD (Item 4 Minus Item 6) 11,569.78 39,931.55 (1,077,641.54) ========================================================
Note: Final Report for Canadian Operations - Divested via Management Agreement on June 21, 2001 - Sale Closure Pending Ending cash Balance in Canada transferred to new Management Group commensurate with execution of Management Services Agreement 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 6/30/01 --------------- --------------------- CUMULATIVE FROM FILING DATE --------------------------- CORPORATE CANADA ROYERS --------- ------ ------ 1 CASH AT BEGINNING OF PERIOD 1,799,448.84 315,845.12 172,083.10 2 RECEIPTS A Cash Sales 11,091,747.50 143,220.26 2,427,569.49 Less Cash Refunds (24,224.31) - (21,159.43) -------------------------------------------------------- Net Cash Sales 11,067,523.19 143,220.26 2,406,410.06 B Collections of Postpetition AR (Incl CC) 18,764,860.64 184,588.02 1,921,589.67 C Collections of Prepetition AR 4,126,687.00 - 1,300,285.41 D Other Receipts 2,625,010.66 - 386,577.71 Intercompany cash transfers, Net (209,329.07) - (1,713,639.88) -------------------------------------------------------- 3 TOTAL RECEIPTS 36,374,752.42 327,808.28 4,301,222.97 -------------------------------------------------------- 4 TOTAL CASH AVAILABLE FOR OPERATIONS 38,174,201.26 643,653.40 4,473,306.07 5 DISBURSEMENTS A US Trustee Quarterly Fees - - - B Net Payroll 9,383,304.15 109,993.16 1,842,246.76 C Payroll Taxes Paid 3,638,131.11 2,649.36 493,680.47 D Sales and Use Taxes Paid 2,117,904.90 31,356.89 157,271.60 E Other Taxes Paid 139,097.90 - 4,802.26 F Rent 3,275,470.89 42,188.25 211,667.14 G Other Lease Payments 57,087.18 460.80 - H Telephone 510,043.42 4,592.65 38,764.75 I Utilities 365,997.44 7,702.09 42,800.61 J Travel and Entertainment 170,446.49 - 2,991.77 K Vehicle Expense 1,004,620.59 6,451.61 132,507.97 L Office Supplies 119,160.34 2,398.09 63,771.91 M Advertising 2,542,014.04 6,489.35 80,352.15 N Insurance (Attachment 7) 3,151,789.36 8,214.96 - O Purchases of Fixed Assets 3,879.45 - 3,615.00 P Purchases of Inventory 6,636,792.52 206,969.35 883,564.60 Q Manufacturing Supplies 71,433.72 - - R Repairs and Maintenance 157,904.99 2,922.56 36,698.24 S Other Operating Expenses (Attach List) 6,403,584.81 211,264.28 33,251.67 -------------------------------------------------------- 6 TOTAL CASH DISBURSEMENTS 39,748,663.30 643,653.40 4,027,986.90 -------------------------------------------------------- 7 CASH AT END OF PERIOD (Item 4 Minus Item 6) (1,574,462.04) - 445,319.17 ======================================================== [restubbed table] CUMULATIVE FROM FILING DATE --------------------------- 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 136,956.52 - 13,799,493.77 Less Cash Refunds (4,711.15) - (50,094.89) -------------------------------------------------------- Net Cash Sales 132,245.37 - 13,749,398.88 B Collections of Postpetition AR (Incl CC) 60,919.49 675,478.84 21,607,436.66 C Collections of Prepetition AR 4,611.32 - 5,431,583.73 D Other Receipts - - 3,011,588.37 Intercompany cash transfers, Net (38,943.58) 1,961,912.53 - -------------------------------------------------------- 3 TOTAL RECEIPTS 158,832.60 2,637,391.37 43,800,007.64 -------------------------------------------------------- 4 TOTAL CASH AVAILABLE FOR OPERATIONS 252,658.68 2,656,557.83 46,200,377.24 5 DISBURSEMENTS A US Trustee Quarterly Fees - - - B Net Payroll 1,507.87 - 11,337,051.94 C Payroll Taxes Paid - - 4,134,460.94 D Sales and Use Taxes Paid - - 2,306,533.39 E Other Taxes Paid - - 143,900.16 F Rent 24,133.34 35,994.82 3,589,454.44 G Other Lease Payments 14,862.56 7,042.31 79,452.85 H Telephone 16,885.98 7,031.36 577,318.16 I Utilities 3,298.62 11,269.43 431,068.19 J Travel and Entertainment 23,303.38 3,009.62 199,751.26 K Vehicle Expense 14.18 16,182.90 1,159,777.25 L Office Supplies 10,562.77 5,845.81 201,738.92 M Advertising 60,368.16 - 2,689,223.70 N Insurance (Attachment 7) - - 3,160,004.32 O Purchases of Fixed Assets 3,746.00 1,781.75 13,022.20 P Purchases of Inventory 1,326.66 2,513,893.90 10,242,547.03 Q Manufacturing Supplies - 708.23 72,141.95 R Repairs and Maintenance 3,826.69 2,973.34 204,325.82 S Other Operating Expenses (Attach List) 77,252.69 10,892.81 6,736,246.26 -------------------------------------------------------- 6 TOTAL CASH DISBURSEMENTS 241,088.90 2,616,626.28 47,278,018.78 -------------------------------------------------------- 7 CASH AT END OF PERIOD (Item 4 Minus Item 6) 11,569.78 39,931.55 (1,077,641.54) ========================================================