EX-99.2 4 ex99-2.txt MONTHLY FINANCIAL REPORT FOR BUSINESS OF FLORAFAX MONTHLY FINANCIAL REPORT FOR BUSINESS FOR THE PERIOD BEGINNING JUNE 14, 2001 AND ENDING JUNE 30, 2001 Name of Debtor: Florafax Financial Services, Corp. et al. Case Number: 01-16333-BKC-RAM to 01-16337-BKC-RAM Date of Petition: June 13, 2001
1 Cash at beginning of period $ (59,620.38) 2 RECEIPTS: A. Cash sales Less: cash refunds Net cash sales B Collection on postpetition AR C Collection on prepetition AR 2,356,165.28 D Other receipts 1,646.25 -------------------- 3 TOTAL RECEIPTS 2,357,811.53 4 TOTAL CASH AVAILABLE FOR OPERATIONS 2,298,191.15 5 A. US Trustee Quarterly Fee B Net payroll 138,425.33 C Net payroll taxes paid 48,695.99 D Sales and use taxes 33,551.89 E Other taxes 102.53 F Rent 10.00 G Other leases 1,335.25 H Telephone I Utilities 883.35 J Travel and entertainment 10,955.90 K Vehicle expenses L Office supplies 5,724.66 M Advertising 12,801.41 N Insurance O Purchases of fixed assets P Purchases of inventory 84,008.54 Q Manufacturing supplies R Repairs and maintenance 300.00 S Other operating expenses 28,890.04 -------------------- 6 TOTAL DISBURSEMENTS 365,684.89 -------------------- 7 TOTAL CASH DISBURSEMENTS $ 1,932,506.26 ====================
MONTHLY FINANCIAL REPORT FOR BUSINESS FOR THE PERIOD BEGINNING JULY 1, 2001 AND ENDING JULY 31, 2001 Name of Debtor: Florafax Financial Services, Corp. et al. Case Number: 01-16333-BKC-RAM to 01-16337-BKC-RAM Date of Petition: June 13, 2001
1 Cash at beginning of period $ 1,932,506.26 2 RECEIPTS: A. Cash sales Less: cash refunds Net cash sales B Collection on postpetition AR C Collection on prepetition AR 1,019,843.02 D Other receipts 11,265,295.95 * -------------------- 3 TOTAL RECEIPTS 12,285,138.97 4 TOTAL CASH AVAILABLE FOR OPERATIONS 14,217,645.23 5 A. US Trustee Quarterly Fee B Net payroll 148,807.09 C Net payroll taxes paid 53,075.65 D Sales and use taxes 696.64 E Other taxes F Rent 25,427.18 G Other leases 2,005.00 H Telephone 55,748.70 I Utilities 5,219.55 J Travel and entertainment 12,545.82 K Vehicle expenses L Office supplies 26,144.55 M Advertising 64,424.19 N Insurance O Purchases of fixed assets P Purchases of inventory 47,076.14 Q Manufacturing supplies R Repairs and maintenance 6,835.61 S Other operating expenses 13,769,639.11 ** -------------------- 6 TOTAL DISBURSEMENTS 14,217,645.23 -------------------- 7 TOTAL CASH DISBURSEMENTS $ - ====================
* Includes $10,710,000 received upon the sale of the assets and operations of the Debtor to Teleflora LLC on July 10, 2001. See Attachment 8 - Significant Developments. ** Includes $10,710,000 received from the sale of the Debtor to Teleflora LLC on July 10, 2001 that was paid to Bank of America pursuant to the terms of a credit agreement with the Debtor's parent, Gerald Stevens, Inc. See Attachment 8 - Significant Developments.