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 jfn FOR MONTH ENDED: 25-Aug-01 29-Sep-01 27-Oct-01 1-Dec-01 29-Dec-01 SOURCES OF CASH Net Income (Loss) ($869,898) ($770,427) ($888,411) ($1,010,724) ($297,579) ----------- ---------- ---------- ----------- ---------- Depreciation and Amortization 286,760 243,404 285,386 292,400 283,689 ----------- ---------- ---------- ----------- ---------- Other non-cash =========== ========== ========== =========== ========== A/R Allowance 800,000 14,205 23,851 12,531 10,000 ----------- ---------- ---------- ----------- ---------- OPERATIONS Add: Decrease in Assets ----------- ---------- ---------- ----------- ---------- Accounts Receivable 0 400,947 482,840 302,260 236,289 ----------- ---------- ---------- ----------- ---------- Inventory, at cost 220,150 538,077 56,623 659,422 182,809 ----------- ---------- ---------- ----------- ---------- Prepaid Expenses and current assets 642,414 38,961 42,661 0 0 ----------- ---------- ---------- ----------- ---------- Property, Plant and Equipment 0 0 0 0 0 ----------- ---------- ---------- ----------- ---------- Other (including Intercompany Activity) 1,083 1,311,034 410,958 233,528 424,141 ----------- ---------- ---------- ----------- ---------- Increases in Liabilities: Pre Petition Liabilities 0 60,587 0 0 0 ----------- ---------- ---------- ----------- ---------- Post Petition Liabilities 247,713 80,775 485,042 307,127 0 ----------- ---------- ---------- ----------- ---------- Other Liabilities per Book 0 680,712 0 0 214,526 ----------- ---------- ---------- ----------- ---------- TOTAL SOURCES OF CASH (A) 1,328,221 2,598,276 898,949 796,544 1,053,875 ----------- ---------- ---------- ----------- ---------- USES OF CASH Less: Increase in Assets: Accounts Receivable (356,957) 0 0 0 0 ----------- ---------- ---------- ----------- ---------- Inventory, at cost 0 0 0 0 0 ----------- ---------- ---------- ----------- ---------- Prepaids and Other assets 0 0 0 (35,668) (24,195) ----------- ---------- ---------- ----------- ---------- Property, Plant, and Equipment (35,362) (33,993) (9,779) (21,801) (5,883) ----------- ---------- ---------- ----------- ---------- Other (including Intercompany Activity) (1,075,913) (1,351,754) (104,298) (173,488) (312,436) ----------- ---------- ---------- ----------- ---------- Decreases in Liabilities: Pre Petition Liabilities (409,001) 0 (51,075) (26,761) (391,159) ----------- ---------- ---------- ----------- ---------- Post Petition Liabilities 0 0 0 0 (536,475) ----------- ---------- ---------- ----------- ---------- Other Liabilities per Book (20,293) (550,895) (100,639) (1,524) (243,504) ----------- ---------- ---------- ----------- ---------- TOTAL USES OF CASH (B) (1,897,525) (1,936,642) (265,791) (259,243) (1,513,652) ----------- ---------- ---------- ----------- ---------- NET SOURCE (USE) OF CASH (A-B=NET) ($569,303) $661,634 $633,158 $537,301 ($459,776) ----------- ---------- ---------- ----------- ---------- CASH-BEGINNING BALANCE (See OPR-1) $3,216,732 $2,647,429 $3,309,063 $3,942,222 $4,479,523 ----------- ---------- ---------- ----------- ---------- CASH-ENDING BALANCE (See OPR-1) $2,647,429 $3,309,063 $3,942,222 $4,479,523 $4,019,747 =========== ========== ========== =========== ==========