EX-99.6 9 dex996.txt STATEMENT OF SOURCES AND USES OF CASH Exhibit 99.6 Page 12
CASE NAME: Aerovox, Inc. STATEMENT OF SOURCES AND USES OF CASH FORM OPR-6 CASE NUMBER: 01-14680 jnf FOR MONTH ENDED: 28-Jul-01 25-Aug-01 29-Sep-01 27-Oct-01 01-Dec-01 --------- --------- --------- --------- --------- SOURCES OF CASH Net Income (Loss) ($663,280) ($869,898) ($770,427) ($888,411) ($1,010,724) ------------ --------------- -------------- ----------------- ------------- Depreciation and Amortization 281,044 286,760 243,404 285,386 292,400 ------------ --------------- -------------- ----------------- ------------- Other non-cash ------------ --------------- -------------- ----------------- ------------- A/R Allowance 19,166 800,000 14,205 23,851 12,531 ------------ --------------- -------------- ----------------- ------------- OPERATIONS Add: Decrease in Assets ------------ --------------- -------------- ----------------- ------------- Accounts Receivable 1,246,708 0 400,947 482,840 302,260 ------------ --------------- -------------- ----------------- ------------- Inventory, at cost 39,673 220,150 538,077 56,623 659,422 ------------ --------------- -------------- ----------------- ------------- Prepaid Expenses and current assets 0 642,414 38,961 42,661 0 ------------ --------------- -------------- ----------------- ------------- Property, Plant and Equipment 0 0 0 0 0 ------------ --------------- -------------- ----------------- ------------- Other (including Intercompany Activity) 127,502 1,083 1,311,034 410,958 233,528 ------------ --------------- -------------- ----------------- ------------- Increases in Liabilities: Pre Petition Liabilities 627,130 0 60,587 0 0 ------------ --------------- -------------- ----------------- ------------- Post Petition Liabilities 0 247,713 80,775 485,042 307,127 ------------ --------------- -------------- ----------------- ------------- Other Liabilities per Book 0 0 680,712 0 0 ------------ --------------- -------------- ----------------- ------------- TOTAL SOURCES OF CASH (A) 1,677,943 1,328,221 2,598,276 898,949 796,544 ------------ --------------- -------------- ----------------- ------------- USES OF CASH Less: Increase in Assets: Accounts Receivable 0 (356,957) 0 0 0 ------------ --------------- -------------- ----------------- ------------- Inventory, at cost 0 0 0 0 0 ------------ --------------- -------------- ----------------- ------------- Prepaids and Other assets (81,804) 0 0 0 (35,668) ------------ --------------- -------------- ----------------- ------------- Property, Plant, and Equipment (22,489) (35,362) (33,993) (9,779) (21,801) ------------ --------------- -------------- ----------------- ------------- Other (including Intercompany Activity) (77,690) (1,075,913) (1,351,754) (104,298) (173,488) ------------ --------------- -------------- ----------------- ------------- Decreases in Liabilities: Pre Petition Liabilities 0 (409,001) 0 (51,075) (26,761) ------------ --------------- -------------- ----------------- ------------- Post Petition Liabilities (270,890) 0 0 0 0 ------------ --------------- -------------- ----------------- ------------- Other Liabilities per Book (128,345) (20,293) (550,895) (100,639) (1,524) ------------ --------------- -------------- ----------------- ------------- TOTAL USES OF CASH (B) (581,218) (1,897,525) (1,936,642) (265,791) (259,243) ------------ --------------- -------------- ----------------- ------------- NET SOURCE (USE) OF CASH (A-B=NET) $1,096,725 ($569,303) $661,634 $633,158 $537,301 ------------ --------------- -------------- ----------------- ------------- CASH-BEGINNING BALANCE (See OPR-1) $2,120,007 $3,216,732 $2,647,429 $3,309,063 $3,942,222 ------------ --------------- -------------- ----------------- ------------- CASH-ENDING BALANCE (See OPR-1) $3,216,732 $2,647,429 $3,309,063 $3,942,222 $4,479,523 ============ =============== ============== ================= =============