Unassociated Document

In re: The Penn Traffic Company, et al
Debtors

11/29 - 12/26 Total Cash Flow

($ in thousands)	Stub W/E		W/E			11/18-11/28			Cumulative
	11-21-09		11-28-09			Total			to Date

Cash Receipts:
Sales Receipts	$	6,910	$	14,284		$	21,195		$	21,195
Other Receipts (A/R Coll./Dep.)		574		627			1,201			1,201
Miscellaneous Retail Receipts		1,961		270			2,231			2,231
Store Closure/Sale Proceeds		-		-			-			-
Total Receipts		9,445		15,181			24,626			24,626

Cash Disbursements:
Trade Payments:
Product		1,870		8,365			10,235			10,235
Non-Product		-		-			-			-
Total Trade Payments		1,870		8,365			10,235			10,235

Operating Expenses:
Store Payroll, Taxes & Benefits		1,211		2,884			4,095			4,095
Corp. Payroll, Taxes & Benefits		475		527			1,002			1,002
Severance/WARN and Retention		-		-			-			-
Union Benefits		-		-			-			-
401K Plans		-		-			-			-
Utilities		-		-			-			-
Rent Cam & RE Taxes		-		-			-			-
Insurance Premiums & Claims		110		240			350			350
Capital Expenditures		-		-			-			-
Sales Tax Payable		157		857			1,014			1,014
Store Currency & Coin Orders		1,298		2,393			3,691			3,691
Other (WUnion/Util. Rmb/Bank fees)		934		1,415			2,349			2,349
Liquidator Expense Reimbursement		-		-			-			-
Miscellaneous Expense		-		-			-			-
Total Operating Expenses		4,185		8,315			12,500			12,500

Financing Expenses:
Term/Standby LC Interest		-		-			-			-
Suppl. RE Facility Interest		-		-			-			-
DIP & Revolver Interest & Fees		250		-			250			250
Debt Paydown / L/C Collat.		-		-			-			-
Total Non-Operating Expenses		250		-			250			250

Net Operating Cash Flow		3,140		(1,499	)		1,641			1,641

Bankruptcy Expenses:
Deposits/Cash-in-Advance		1,149		558			1,708			1,708
Professional Fees		-		-			-			-
UST Fees		-		-			-			-
Claims Agent		-		-			-			-
Cure Costs		-		-			-			-
Funds Transferred to/(from) Escrow		-		-			-			-
Total Bankruptcy Expenses		1,149		558			1,708			1,708

Total Disbursements		7,455		17,238			24,693			24,693

Net Cash Flows	$	1,990	$	(2,057	)	$	(67	)	$	(67	)

	In re The Penn Traffic Company, et al		Case No. 09-14078 (PJW)
	Debtor		Reporting Period: November 28, 2009

SCHEDULE OF PROFESSIONAL FEES AND EXPENSES PAID

This schedule is to include all retained professional payments from case inception to current month.

Amount

Check

Amount Paid

Year-To-Date

Payee

Period Covered

Approved

Payor

Number

Date

Fees

Expenses

Fees

Expenses

No professional fees and expenses paid in this reporting period

THE PENN TRAFFIC COMPANY

(Debtor-in-Possession)

Consolidated Statement of Operations

(In thousands)

Unaudited

	2 - Weeks Ended November 28, 2009

	Penn			Fayetteville/		Pennway		Penny		Sunrise		Penn Traffic		Consolidated
	Traffic			Utica		Express		Curtiss		Properties		Eliminations		Penn Traffic

Revenues	$	28,685		$	961	$	149	$	-	$	3	$	-	$	29,798

Cost and Operating Expenses
Cost of sales		20,623			674		-		-		-		-		21,297
Selling and administrative expenses		9,892			231		135		-		2		-		10,259
Asset impairment charge		-			-		-		-		-		-		-
Goodwill impairment charge		-			-		-		-		-		-		-

Operating Income		(1,830	)		56		14		-		2		-		(1,758	)
Interest expense		416			-		-		-		-		-		416
Reorganization expense		-			-		-		-		-		-		-

(Loss) Income from continuing operations before taxes		(2,246	)		56		14		-		2		-		(2,174	)

Provision for income taxes		-			-		-		-		-		-		-

(Loss) Income before loss from discontinued operations, net of tax		(2,246	)		56		14		-		2		-		(2,174	)

(Loss) income from discontinued operations, net of tax		(21	)		-		-		-		-		-		(21	)

(Loss) Income before extraordinary item		(2,267	)		56		14		-		2		-		(2,195	)

Extraordinary item		-			-		-		-		-		-		-

Net (Loss) Income	$	(2,267	)	$	56	$	14	$	-	$	2	$	-	$	(2,195	)

(1) The following legal entities: Big M Supermarkets, Inc., Commander Foods,Inc., P&C Food Markets, Inc of Vermont, and PT-Development, LLC, are not reported on the above schedule due to the fact that there was no or nominal activity for the reporting period of November 18, 2009 through November 28, 2009 for these entities.

In re: The Penn Traffic Company, et al		Csae No. 09-14078 (PJW)
Debtors		Reporting Period: November 28, 2009

MOR 3

Consolidated Balance Sheet

As of November 28, 2009

Unaudited

(In Thousands)

	Penn			Fayetteville/					Pennway					Penny			Sunrise			Penn Traffic		Consolidated
	Traffic			Utica		Big M			Express			Dairy Dell		Curtiss			Properties			Eliminations		Penn Traffic
ASSETS

Current Assets:
Cash and short-term investments		32,983			31		(2	)		-			-		-			-			-		33,012
Accounts and notes receivables		16,621			-		-			637			-		-			-			-		17,258
Inventories		31,882			1,047		-			-			-		-			-			-		32,929
Prepaid expenses and other current assets		10,114			-		-			-			-		-			-			-		10,114
Assets Held for Sale		-			-		-			-			-		-			-			-		-
		91,600			1,078		(2	)		637			-		-			-			-		93,313

Noncurrent Assets:
Capital leases		6,596			-		-			-			-		-			-			-		6,596
Property, plant and equipment		42,469			4,018		-			124			-		-			-			-		46,611
Goodwill		63			-		-			-			-		-			-			-		63
Intangible assets		2,417			-		-			-			-		-			-			-		2,417
Other assets		2,489			-		-			-			-		-			-			-		2,489
		145,634			5,096		(2	)		761			-		-			-			-		151,489

LIABILITIES AND STOCKHOLDERS' EQUITY

Current Liabilities:
Current portion of obligations under capital leases		-			-		-			-			-		-			-			-		-
Current maturities under long-term debt		16,315			-		-			-			-		-			-			-		16,315
Trade account and drafts payables		2,674			-		(9	)		-			-		-			-			-		2,665
Other current liabilities		3,627			54		-			18			-		2			-			-		3,701
Accrued interest expense		-			-		-			-			-		-			-			-		-
Deferred income taxes		-			-		-			-			-		-			-			-		-
		22,616			54		(9	)		18			-		2			-			-		22,681

Intercompany payables		(55,131	)		-		54,751			(3,256	)		-		4,025			(389	)		-		-

Noncurrent Liabilities:
Obligations under capital leases		-			-		-			-			-		-			-			-		-
Long-term debt		3,074			-		-			-			-		-			-			-		3,074
Deferred income taxes		-			-		-			-			-		-			-			-		-
Other noncurrent liabilities		-			-		-			-			-		-			-			-		-

Total Liabilities Subject to Compromise		115,913			-		-			-			-		2,652			-			-		118,565

Stockholders' Equity:
Preferred stock		(20	)		-		-			-			-		20			-			-		-
Common Stock		36			-		20			1			-		30			1			-		88
Capital in excess of par		128,246			-		-			-			-		-			-			-		128,246
Stock warrants		-			-		-			-			-		-			-			-		-
Retained Earnings		(68,828	)		5,042		(54,764	)		3,997			-		(6,729	)		388			-		(120,894	)
Accumulated other comprehensive loss		(270	)		-		-			-			-		-			-			-		(270	)
Treasury stock, 53,000 shares at cost		-			-		-			-			-		-			-			-		-
Total Stockholders Equity		59,164			5,042		(54,744	)		3,998			-		(6,679	)		389			-		7,170

		145,636			5,096		(2	)		760			-		-			-			-		151,490
		2			-		(0	)		(1	)		-		-			-			-		1

In re: The Penn Traffic Company, et al		Case No. 09-14078 (PJW)
Debtors	MOR 4	Reporting Period: November 28, 2009
	Status of Post Petition Taxes

		Period 10								11/18/09										11/28/09
		Beginning			11/07/09			Paid Thru		Beginning			Amount Withheld			Amount		Date	Check No.	Ending
		Tax Liability			Thru 11/21/09			11/18/2009		Tax Liability			or Accrued			Paid		Paid	or EFT	Tax Liability			Per G/L

	Federal
242300	Withholding		(195,118	)		(631,284	)		610,291		(216,111	)												(196,267	)
242001	FICA -Employee		(176,840	)		(550,592	)		533,750		(193,682	)												(184,620	)
242000	FICA -Employer		(355,022	)		(362,379	)		537,518		(179,883	)												(397,971	)
														(766,863	)
																	560,955	11/23/09	274972700078632
																	12,470	11/25/09	274972900075674
																	4,257	11/25/09	274972900408287
	Totals		(726,979	)		(1,544,256	)		1,681,559		(589,676	)		(766,863	)		577,681				(778,858	)		(778,858	)

242100	Unemployment		(49,947	)		(3,921	)		40,739		(13,130	)		(1,509	)		-				(14,639	)		(14,639	)
	Income
	Other
	Total Federal Taxes		(776,926	)		(1,548,177	)		1,722,297		(602,806	)		(768,372	)		577,681				(793,497	)		(793,497	)

	State
242452	Withholding- PA		(53,239	)		(56,276	)		89,605		(19,911	)		(17,524	)									(37,435	)
242456	Withholding- VT		(616	)		(2,003	)		1,939		(680	)		(786	)		636	11/25/09	3286881					(669	)
242450	Withholding- NY		(69,618	)		(211,992	)		208,595		(73,015	)		(66,971	)									(69,193	)
																	68,848	11/25/09	NY09WT001722561
																	1,945	11/25/09	NY09WT001722579
	Total State Withholding		(123,473	)		(270,272	)		300,139		(93,606	)		(85,281	)		71,429				(107,458	)		(107,297	)

	Local Taxes
242552	Local -EIT		(26,349	)		(16,845	)		-		(43,194	)		(5,195	)		-							(48,389	)
242900	Local -LST		(5,489	)		(3,039	)		-		(8,528	)		(986	)		-							(9,514	)
	Total Local Taxes		(31,838	)		(19,884	)		-		(51,722	)		(6,181	)		-				(57,903	)		(57,903	)

	Sales
242650 + 242750	Sales - NY		(153,003	)		(485,600	)		-		(638,602	)		(180,468	)		807,583	11/25/09	NY09ST00156012					26,442
																	37,929	11/25/09	NY09ST000156016
242652 + 242752	Sales - PA		(157,978	)		(72,496	)		-		(230,474	)		(53,465	)		156,402	11/20/09	1300026095879					(127,538	)
242651	Sales - OH		(472	)		(139	)				(611	)		-			-							(611	)
242656 + 242756	Sales - VT		(10,060	)		(5,787	)		-		(15,848	)		(2,144	)		10,060	11/25/09	1257785876613					(7,931	)

	Total Sales Tax		(321,513	)		(564,022	)		-		(885,535	)		(236,077	)		1,011,974				(109,638	)		(109,638	)

	Excise																				-
242250	Unemployment - NY		(84,784	)		(7,276	)		69,310		(22,750	)		(2,907	)		-							(25,643	)
242252	Unemployment - PA		(95,651	)		(8,572	)		77,316		(26,907	)		(3,412	)		-							(30,230	)
242256	Unemployment - VT		(1,067	)		(367	)				(1,435	)		(160	)		-							(1,595	)
242257	Unemployment - NH		577			(89	)				488			(48	)		-							440
243100	Real property		(385,105	)		(166,000	)		385,105		(166,000	)		(166,000	)		-							(332,001	)
243500	Tobacco		69,816			-			-		69,816			(9,060	)		19,057	11/20/09	006122					79,812
	Total Excise		(496,214	)		(182,305	)		531,731		(146,788	)		(181,587	)		19,057				(309,318	)		(309,217	)

	Other
242856	Meals and Room - VT		(1,407	)		(846	)		-		(2,253	)		(203	)		1,407	11/25/09	1257792790394					(1,049	)
242857	Meals and Room - NH		(630	)		(280	)		630		(280	)		(112	)		-							(392	)
243200	Mercantile Tax		(14,184	)		(1,289	)		-		(15,473	)		-			-							(15,474	)
	Total Other		(16,221	)		(2,416	)		630		(18,007	)		(315	)		1,407				(16,914	)		(16,915	)

	Total Taxes		(1,766,186	)		(2,587,075	)		2,554,797		(1,798,464	)		(1,277,813	)		1,681,548				(1,394,729	)		(1,394,467	)

In re The Penn Traffic Company et al		Case No. 09-14978 (PJW)
Debtors		Reporting Period: November 28, 2009

MOR 4b

SUMMARY OF UNPAID POSTPETITION DEBTS

Attach aged listing of accounts payable.

			Number of Days Past Due
	Current		0-30	31-60	61-90	Over 90	Total
Accounts Payable		2,665,846
Wages Payable		1,693,501
Taxes Payable		1,394,729
Rent/Leases-Building		612,416
Rent/Leases-Equipment		0
Secured Debt/Adequate Protection Payments		0
Professional Fees		0
Amounts Due to Insiders*
Other:__________________
Other:__________________________
Total Postpetition Debts		6,366,492

In re	The Penn Traffic Company			Case N09 -14078 (PJW)
	Debtor			Reporting Per November 28, 2009

ACCOUNTS RECEIVABLE RECONCILIATION AND AGING

MOR 5a

Accounts Receivable Reconciliation	Amount
Total Accounts Receivable at the beginning of the reporting period	$	16,900,309
+ Amounts billed during the period (Aged)	$	38,038,396
- Amounts collected during the period (Aged)	$	37,672,616
- Amounts collected during the period (Not Aged)	$	645,453
Total Accounts Receivable at the end of the reporting period	$	16,620,636

Accounts Receivable Aging	Amount
0 - 30 days old	$	4,649,873
31 - 90 days old	$	1,191,776
91 - 180 days old	$	102,056
181 - 365 days old	$	(29,898	)
365 + days old	$	662,991
Subtotal Aged Accounts Receivable	$	6,576,800
Accounts Receivable Not Aged	$	11,702,969
Total Accounts Receivable	$	18,279,769
-Amount considered uncollectible (Bad Debt)	$	1,659,133
Accounts Receivable (Net)	$	16,620,636

DEBTOR QUESTIONNAIRE

Must be completed each month		Yes	No
1	Have any assets been sold or transferred outside the normal course of business this reporting period? If yes, provide an explanation below.		X
2	Have any funds been disbursed from any account other than a debtor in possession account this reporting period?		X
3	Have all postpetition tax returns been timely filed? If no, provide an explanation below.	X
4	Are workers compensation, general liability and other necessary insurance coverages in effect? If no, provide an explanation below.	X
5	Has any bank account been opened during the reporting period? If yes, provide documentation identifying the opened account(s). If an investment account has been opened provide the required documentation pursuant to the Delaware Local Rule 4001-3.	(1) X

(1)	Documentation already provided as part of Initial Monthly Operating Report

In re	Pennway Express, Inc.			Case N09 -14080 (PJW)
	Debtor			Reporting Per November 28, 2009

ACCOUNTS RECEIVABLE RECONCILIATION AND AGING

MOR 5b

Accounts Receivable Reconciliation	Amount
Total Accounts Receivable at the beginning of the reporting period	$	597,622
+ Amounts billed during the period	$	75,768
- Amounts collected during the period	$	36,885
Total Accounts Receivable at the end of the reporting period	$	636,505

Accounts Receivable Aging	Amount
0 - 30 days old	$	262,091
31 - 90 days old	$	277,479
91 - 180 days old	$	22,682
181 - 365 days old	$	71,550
365 + days old	$	2,703
Subtotal Aged Accounts Receivable	$	636,505
Accounts Receivable Not Aged	$	-
Total Accounts Receivable	$	636,505
-Amount considered uncollectible (Bad Debt)
Accounts Receivable (Net)	$	636,505

DEBTOR QUESTIONNAIRE

Must be completed each month		Yes	No
1	Have any assets been sold or transferred outside the normal course of business this reporting period? If yes, provide an explanation below.		X
2	Have any funds been disbursed from any account other than a debtor in possession account this reporting period?		X
3	Have all postpetition tax returns been timely filed? If no, provide an explanation below.	X
4	Are workers compensation, general liability and other necessary insurance coverages in effect? If no, provide an explanation below.	X
5	Has any bank account been opened during the reporting period? If yes, provide documentation identifying the opened account(s). If an investment account has been opened provide the required documentation pursuant to the Delaware Local Rule 4001-3.		X

In re	P.T. Fayetteville/Utica, LLC			Case N09 -14087 (PJW)
	Debtor			Reporting Per November 28, 2009

ACCOUNTS RECEIVABLE RECONCILIATION AND AGING

MOR 5c

Accounts Receivable Reconciliation	Amount
Total Accounts Receivable at the beginning of the reporting period	$	355
+ Amounts billed during the period	$	401
- Amounts collected during the period	$	355
Total Accounts Receivable at the end of the reporting period	$	401

Accounts Receivable Aging	Amount
0 - 30 days old
31 - 90 days old
91 - 180 days old
181 - 365 days old
365 + days old
Subtotal Aged Accounts Receivable	$	-
Accounts Receivable Not Aged	$	401
Total Accounts Receivable	$	401
Amount considered uncollectible (Bad Debt)
Accounts Receivable (Net)	$	401

DEBTOR QUESTIONNAIRE

Must be completed each month		Yes	No
1	Have any assets been sold or transferred outside the normal course of business this reporting period? If yes, provide an explanation below.		X
2	Have any funds been disbursed from any account other than a debtor in possession account this reporting period?		X
3	Have all postpetition tax returns been timely filed? If no, provide an explanation below.	X
4	Are workers compensation, general liability and other necessary insurance coverages in effect? If no, provide an explanation below.	X
5	Has any bank account been opened during the reporting period? If yes, provide documentation identifying the opened account(s). If an investment account has been opened provide the required documentation pursuant to the Delaware Local Rule 4001-3.		X

	The Penn Traffic Company
	Bank Account Balances
				Actual
	Bank Name	A/C#		11-28-09
1	First Commonwealth Bank		4983		722
2	Bank of America Business Capital		2194		2,144,821
3	Bank of America Business Capital		3549		(1,842	)
4	Bank of America Business Capital		2204		17,556
5	Bank of America Business Capital		5976		22,658,988
6	Banc of America Securities LLC		4712		-
7	Bank of America Business Capital		6956		(71,732	)
8	HSBC Bank USA, National Association		3033		11,117
9	Bank of America Business Capital		2069		(1,991,043	)
10	Bank of America Business Capital		3549		43,779
11	HSBC Bank USA, National Association		9521		1,454,362
12	Bank of America Business Capital		2069		(270,601	)
13	HSBC Bank USA, National Association		7256		73,779
14	HSBC Bank USA, National Association		4225		248,436
15	HSBC Bank USA, National Association		4439		39,496
16	Bank of America Business Capital		2084		1,696,966
17	Fifth Third Bank		4602		3,842,343
18	Fifth Third Bank		4651		-
19	Lake Region Bank		5136		164,327
20	Lake Region Bank		5224		-
21	Lake Region Bank		5312		-
22	Lake Region Bank		5558		-
23	HSBC Bank USA, National Association		0463		(2,679,804	)
24	HSBC Bank USA, National Association		0974		3,172,318
25	HSBC Bank USA, National Association		7312		3,721
26	First Citizens Bank		1002		125,270
27	NBT Bank		2424		60,824
28	Peoples State Bank		3200		76,427
29	Ameriserv Financial Bank		5230		1,974,296
30	RBS Citizens, National Association		5043		-
31	First Commonwealth Bank		2264		-
32	Hamlin Bank		0306		-
33	HSBC Bank USA, National Association		6050		-
34	M&T Bank		6855		-
35	Merchants Bank		1875		-
36	National City Bank/PNC Bank		8153		-
37	Northwest Savings Bank		3249		-
38	Northwest Savings Bank		3245		-
39	PNC Bank		8142		-
40	S&T Bank		6912		-
41	Bank of America Business Capital		8023		217,334
42	Bank of America Business Capital		2852		-
43	Bank of America Business Capital		2865		-
44	Bank of America Business Capital		2878		-
45	Bank of America Business Capital		7938		-
46	Bank of America Business Capital		1347
	Total			$	33,011,860

The Penn Traffic Co.

Taxes Paid After 11/18/09

	Tax	Amount		Date
Legal Entity	Paid	Paid		Paid

Penn Traffic Co.	PA Sales Tax		156,401.67	11/20/09
Penn Traffic Co.	NY Tobacco		19,056.89	11/20/09
Penn Traffic Co.	Fed-SS-MED		560,954.65	11/23/09
PT Fayetteville/Utica, LLC	Fed-SS-MED		12,469.86	11/25/09
Pennway Express Inc.	Fed-SS-MED		4,256.93	11/25/09
Penn Traffic Co.	NY Withholding		68,847.91	11/25/09
PT Fayetteville/Utica, LLC	NY Withholding		1,944.78	11/25/09
Penn Traffic Co.	VT Withholding		635.92	11/25/09
Penn Traffic Co.	NY Sales Tax		807,583.14	11/25/09
PT Fayetteville/Utica, LLC	NY Sales Tax		37,929.00	11/25/09
Penn Traffic Co.	VT Sales Tax		10,060.00	11/25/09
Penn Traffic Co.	VT Meals & Rooms Tax		1,407.00	11/25/09

			1,681,547.75