EX-2.3 5 a04-4049_1ex2d3.htm EX-2.3

Exhibit 2.3

 

 

 

Monthly Operating Report

 

 

 

 

 

ACCRUAL BASIS

 

 

 

 

 

02/13/95, RWD, 2/96

 

CASE NAME:

Daisytek International Corporation

 

 

 

 

CASE NUMBER:

03-35724-HDH-11

 

 

 

 

JUDGE:

Harlin D. Hale

 

 

UNITED STATES BANKRUPTCY COURT

 

NORTHERN DISTRICT OF TEXAS

 

6 DIVISION

 

MONTHLY OPERATING REPORT

 

MONTH ENDING: February 29, 2004

 

 

IN ACCORDANCE WITH TITLE 28, SECTION 1746, OF THE UNITED STATES CODE, I DECLARE UNDER PENALTY OF PERJURY THAT I HAVE EXAMINED THE FOLLOWING MONTHLY OPERATING REPORT (ACCRUAL BASIS-1 THROUGH ACCRUAL BASIS-7) AND THE ACCOMPANYING ATTACHMENTS AND, TO THE BEST OF MY KNOWLEDGE, THESE DOCUMENTS ARE TRUE, CORRECT AND COMPLETE. DECLARATION OF THE PREPARER (OTHER THAN RESPONSIBLE PARTY): IS BASED ON ALL INFORMATION OF WHICH PREPARER HAS ANY KNOWLEDGE.

 

 

RESPONSIBLE PARTY:

 

 

 

 

 

 

 

/s/ Dale Booth

 

Chief Executive Officer

 

ORIGINAL SIGNATURE OF RESPONSIBLE PARTY

TITLE

 

 

 

 

 

Dale Booth

 

March 20, 2004

 

PRINTED NAME OF RESPONSIBLE PARTY

DATE

 

 

 

 

 

 

 

 

 

PREPARER:

 

 

 

 

 

 

 

/s/ Lee Weiner

 

Director of Treasury

 

ORIGINAL SIGNATURE OF PREPARER

TITLE

 

 

 

 

 

Lee Weiner

 

March 20, 2004

 

PRINTED NAME OF PREPARER

DATE

 

 

 

 

 

Monthly Operating Report

 

 

 

 

 

ACCRUAL BASIS-1

 

 

 

 

 

02/13/95, RWD, 2/96

 

CASE NAME:

Daisytek International Corporation

 

 

 

 

CASE NUMBER:

03-35724-HDH-11

 

 

COMPARATIVE BALANCE SHEET

 

 

 

 

SCHEDULE
AMOUNT

 

MONTH
10/31/03

 

MONTH
11/30/03

 

MONTH
12/31/03

 

MONTH
1/31/04

 

MONTH
2/29/04

 

ASSETS

 

 

 

 

 

 

 

 

 

 

 

 

 

1.

 

UNRESTRICTED CASH

 

 

 

 

 

 

 

 

 

 

 

 

 

2.

 

RESTRICTED CASH

 

 

 

 

 

 

 

 

 

 

 

 

 

3.

 

TOTAL CASH

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

4.

 

ACCOUNTS RECEIVABLE (NET)

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

5.

 

INVENTORY

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

6.

 

NOTES RECEIVABLE

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

7.

 

PREPAID EXPENSES

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

8.

 

OTHER - InterCompany A/R

 

$

0

 

$

51,171,133

 

$

51,171,133

 

$

51,171,133

 

$

51,171,133

 

$

51,091,592

 

9.

 

TOTAL CURRENT ASSETS

 

$

0

 

$

51,171,133

 

$

51,171,133

 

$

51,171,133

 

$

51,171,133

 

$

51,091,592

 

10.

 

PROPERTY, PLANT & EQUIPMENT

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

11.

 

LESS: ACCUMULATED DEPRECIATION / DEPLETION

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

12.

 

NET PROPERTY, PLANT & EQUIPMENT

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

13.

 

DUE FROM INSIDERS

 

 

 

$

1,380,999

 

$

1,380,999

 

$

1,380,999

 

$

1,380,999

 

$

1,380,999

 

14.

 

OTHER ASSETS - Reserve-due from Insiders

 

 

 

$

(1,380,999

)

$

(1,380,999

)

$

(1,380,999

)

$

(1,380,999

)

$

(1,380,999

)

15

 

OTHER -Investment in Daisytek

 

 

 

$

31,185,325

 

$

31,185,325

 

$

31,185,325

 

$

31,185,325

 

$

31,185,325

 

16.

 

TOTAL ASSETS

 

$

0

 

$

82,356,458

 

$

82,356,458

 

$

82,356,458

 

$

82,356,458

 

$

82,276,917

 

POSTPETITION LIABILITIES

 

 

 

 

 

 

 

 

 

 

 

 

 

17.

 

ACCOUNTS PAYABLE

 

 

 

$

1,233,455

 

$

1,233,455

 

$

1,233,455

 

$

1,233,455

 

$

1,153,914

 

18.

 

TAXES PAYABLE

 

 

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

19.

 

NOTES PAYABLE

 

 

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

20.

 

PROFESSIONAL FEES*

 

 

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

21.

 

SECURED DEBT*

 

 

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

22.

 

OTHER (ATTACH LIST)

 

 

 

 

 

 

 

 

 

 

 

 

 

23.

 

TOTAL POSTPETITION LIABILITIES

 

 

 

$

1,233,455

 

$

1,233,455

 

$

1,233,455

 

$

1,233,455

 

$

1,153,914

 

PREPETITION LIABILITIES

 

 

 

 

 

 

 

 

 

 

 

 

 

24.

 

SECURED DEBT*

 

 

 

 

 

 

 

 

 

 

 

 

 

25.

 

PRIORITY DEBT

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

26.

 

UNSECURED DEBT

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

27.

 

OTHER-A/P on Behalf of Daisytek International

 

 

 

$

2,566,024

 

$

2,566,024

 

$

2,566,024

 

$

2,566,024

 

$

2,566,024

 

28.

 

TOTAL PREPETITION LIABILITIES

 

$

0

 

$

2,566,024

 

$

2,566,024

 

$

2,566,024

 

$

2,566,024

 

$

2,566,024

 

29.

 

TOTAL LIABILITIES

 

$

0

 

$

3,799,479

 

$

3,799,479

 

$

3,799,479

 

$

3,799,479

 

$

3,719,938

 

EQUITY

 

 

 

 

 

 

 

 

 

 

 

 

 

30.

 

PREPETITION OWNERS’ EQUITY

 

 

 

$

78,261,404

 

$

78,261,404

 

$

78,261,404

 

$

78,261,404

 

$

78,261,404

 

31.

 

POSTPETITION CUMULATIVE PROFIT OR (LOSS)

 

 

 

$

295,575

 

$

295,575

 

$

295,575

 

$

295,575

 

$

295,575

 

32.

 

DIRECT CHARGES TO EQUITY (ATTACH EXPLANATION) -Common Stock

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

33.

 

TOTAL EQUITY

 

$

0

 

$

78,556,979

 

$

78,556,979

 

$

78,556,979

 

$

78,556,979

 

$

78,556,979

 

34.

 

TOTAL LIABILITIES & OWNERS’ EQUITY

 

$

0

 

$

82,356,458

 

$

82,356,458

 

$

82,356,458

 

$

82,356,458

 

$

82,276,917

 

 

*Reference should be made to the Monthly Operating Report of Daisytek, Incorporated for an account of secured debt and professional fees.

 

 

 

 

Monthly Operating Report

 

 

 

 

 

ACCRUAL BASIS-2

 

 

 

 

 

02/13/95, RWD, 2/96

 

CASE NAME:

Daisytek International Corporation

 

 

 

 

CASE NUMBER:

03-35724-HDH-11

 

 

INCOME STATEMENT

 

 

 

 

 

MONTH
8/1/2003-8/31/2003

 

MONTH
10/1/2003-10/31/2003

 

MONTH
11/1/2003 - 11/30/2003

 

MONTH
12/1/2003-12/31/2003

 

MONTH
1/1/2004 - 1/31/0024

 

MONTH
2/1/2004 - 2/29/2004

 

REVENUES

 

 

 

 

 

 

 

 

 

 

 

 

 

1.

 

GROSS REVENUES

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

2.

 

LESS: RETURNS & DISCOUNTS

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

3.

 

NET REVENUE

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

COST OF GOODS SOLD

 

 

 

 

 

 

 

 

 

 

 

 

 

4.

 

MATERIAL

 

 

 

 

 

 

 

 

 

 

 

 

 

5.

 

DIRECT LABOR

 

 

 

 

 

 

 

 

 

 

 

 

 

6.

 

DIRECT OVERHEAD

 

 

 

 

 

 

 

 

 

 

 

 

 

7.

 

TOTAL COST OF GOODS SOLD

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

8.

 

GROSS PROFIT

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

OPERATING EXPENSES

 

 

 

 

 

 

 

 

 

 

 

 

 

9.

 

OFFICER / INSIDER COMPENSATION

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

10.

 

SELLING & MARKETING

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

11.

 

GENERAL & ADMINISTRATIVE

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

12.

 

RENT & LEASE

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

13.

 

OTHER (ATTACH LIST)

 

 

 

 

 

 

 

 

 

 

 

 

 

14.

 

TOTAL OPERATING EXPENSES

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

15.

 

INCOME BEFORE NON-OPERATING INCOME & EXPENSE

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

OTHER INCOME & EXPENSES

 

 

 

 

 

 

 

 

 

 

 

 

 

16.

 

NON-OPERATING INCOME (ATT. LIST)

 

 

 

 

 

 

 

 

 

 

 

 

 

17.

 

NON-OPERATING EXPENSE (ATT. LIST)

 

 

 

 

 

 

 

 

 

 

 

 

 

18.

 

(INTEREST INCOME EXPENSE)

 

$

(142,933

)

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

19.

 

DEPRECIATION / DEPLETION

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

20.

 

AMORTIZATION

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

21.

 

OTHER (ATTACH LIST)

 

 

 

 

 

 

 

 

 

 

 

 

 

22.

 

NET OTHER INCOME & EXPENSES

 

$

(142,933

)

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

REORGANIZATION EXPENSES

 

 

 

 

 

 

 

 

 

 

 

 

 

23.

 

PROFESSIONAL FEES*

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

24.

 

U.S. TRUSTEE FEES

 

$

250

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

25.

 

OTHER (ATTACH LIST)

 

 

 

 

 

 

 

 

 

 

 

 

 

26.

 

TOTAL REORGANIZATION EXPENSES

 

$

250

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

27.

 

INCOME TAX

 

$

54,314

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

28.

 

NET PROFIT (LOSS)

 

$

88,369

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

 

*Reference should be made ot the Monthly Operating Report of Daisytek, Incorporated for an account of professional fees

 

 

 

 

Monthly Operating Report

 

 

 

 

 

ACCRUAL BASIS-3

 

 

 

 

 

02/13/95, RWD, 2/96

 

CASE NAME:

Daisytek International Corporation

 

 

 

 

CASE NUMBER:

03-35724-HDH-11

 

 

 

 

 

 

 

MONTH
8/1/2003-8/31/2003

 

MONTH
10/1/2003-10/31/2003

 

MONTH
11/1/2003 - 11/30/2003

 

MONTH
12/1/2003 - 12/31/2003

 

MONTH
1/1/2004 - 1/31/2004

 

MONTH
2/1/2004 - 2/29/2004

 

CASH RECEIPTS AND DISBURSEMENTS

 

 

 

 

 

 

 

 

 

 

 

 

 

1.

 

CASH - BEGINNING OF MONTH

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

RECEIPTS FROM OPERATIONS

 

 

 

 

 

 

 

 

 

 

 

 

 

2.

 

CASH SALES

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

COLLECTION OF ACCOUNTS RECEIVABLE

 

 

 

 

 

 

 

 

 

 

 

 

 

3.

 

PREPETITION

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

4.

 

POSTPETITION

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

5.

 

TOTAL OPERATING RECEIPTS

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

NON - OPERATING RECEIPTS

 

 

 

 

 

 

 

 

 

 

 

 

 

6.

 

LOANS & ADVANCES (ATTACH LIST)

 

 

 

 

 

 

 

 

 

 

 

 

 

7.

 

SALE OF ASSETS

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

8.

 

OTHER (ATTACH LIST)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TOTAL OTHER

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

9.

 

TOTAL NON-OPERATING RECEIPTS

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

10.

 

TOTAL RECEIPTS

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

11.

 

TOTAL CASH AVAILABLE

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

OPERATING DISBURSEMENTS

 

 

 

 

 

 

 

 

 

 

 

 

 

12.

 

NET PAYROLL

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

13.

 

PAYROLL TAXES PAID

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

14.

 

SALES, USE & OTHER TAXES PAID

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

15.

 

SECURED / RENTAL / LEASES

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

16.

 

UTILITIES

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

17.

 

INSURANCE

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

18.

 

INVENTORY PURCHASES

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

19.

 

VEHICLE EXPENSES

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

20.

 

TRAVEL

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

21.

 

ENTERTAINMENT

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

22.

 

REPAIRS & MAINTENANCE

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

23.

 

SUPPLIES

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

24.

 

ADVERTISING

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

25.

 

OTHER (ATTACH LIST)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Bank Fees

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

 

 

Other operating

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

 

 

TOTAL OTHER

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

26.

 

TOTAL OPERATING DISBURSEMENTS

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

REORGANIZATION EXPENSES

 

 

 

 

 

 

 

 

 

 

 

 

 

27.

 

PROFESSIONAL FEES*

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

28.

 

U.S. TRUSTEE FEES

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

29.

 

OTHER (ATTACH LIST)

 

 

 

 

 

 

 

 

 

 

 

 

 

30.

 

TOTAL REORGANIZATION EXPENSES

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

31.

 

TOTAL DISBURSEMENTS

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

32.

 

NET CASH FLOW

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

33.

 

CASH - END OF MONTH

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

 

*Reference should be made to the Monthly Operating Report of Daisytek, Incorporated for an account of professional fees.

 

 

 

 

Monthly Operating Report

 

 

 

 

 

ACCRUAL BASIS-4

 

 

 

 

 

02/13/95, RWD, 2/96

 

CASE NAME:

Daisytek International Corporation

 

 

 

 

CASE NUMBER:

03-35724-HDH-11

 

 

 

 

 

 

SCHEDULE
AMOUNT

 

MONTH
10/31/03

 

MONTH
11/30/2003

 

MONTH
12/31/2003

 

MONTH
1/31/2004

 

MONTH
2/29/2004

 

ACCOUNTS RECEIVABLE AGING

 

 

 

 

 

 

 

 

 

 

 

 

 

1.

 

0-30

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

2.

 

31-60

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

3.

 

61-90

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

4.

 

91+

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

5.

 

TOTAL ACCOUNTS RECEIVABLE

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

6.

 

AMOUNT CONSIDERED UNCOLLECTIBLE

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

7.

 

ACCOUNTS RECEIVABLE (NET)

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

 

AGING OF POSTPETITION TAXES AND PAYABLES

MONTH: February 29, 2004

 

 

 

 

 

0-30
DAYS

 

31-60
DAYS

 

61-90
DAYS

 

91+
DAYS

 

TOTAL

 

TAXES PAYABLE

 

 

 

 

 

 

 

 

 

 

 

1.

 

FEDERAL

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

2.

 

STATE

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

3.

 

LOCAL

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

4.

 

OTHER (ATTACH LIST)

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

5.

 

TOTAL TAXES PAYABLE

 

$

0

 

$

0

 

$

0

 

$

0

 

$

0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

6.

 

ACCOUNTS PAYABLE

 

$

0

 

$

0

 

$

0

 

$

1,153,914

 

$

1,153,914

 

 

*Rejected Leases

 

STATUS OF POSTPETITION TAXES

MONTH: February 29, 2004

 

 

 

 

 

BEGINNING
TAX
LIABILITY*

 

AMOUNT
WITHHELD AND/
0R ACCRUED

 

AMOUNT
PAID

 

ENDING
TAX
LIABILITY

 

FEDERAL

 

 

 

 

 

 

 

 

 

1.

 

WITHHOLDING**

 

$

0

 

$

0

 

$

0

 

$

0

 

2.

 

FICA-EMPLOYEE**

 

$

0

 

$

0

 

$

0

 

$

0

 

3.

 

FICA-EMPLOYER**

 

$

0

 

$

0

 

$

0

 

$

0

 

4.

 

UNEMPLOYMENT

 

$

0

 

$

0

 

$

0

 

$

0

 

5.

 

INCOME

 

$

0

 

$

0

 

$

0

 

$

0

 

6.

 

OTHER (ATTACH LIST)

 

$

0

 

$

0

 

$

0

 

$

0

 

7.

 

TOTAL FEDERAL TAXES

 

$

0

 

$

0

 

$

0

 

$

0

 

STATE AND LOCAL

 

 

 

 

 

 

 

 

 

8.

 

WITHHOLDING

 

$

0

 

$

0

 

$

0

 

$

0

 

9.

 

SALES

 

$

0

 

$

0

 

$

0

 

$

0

 

10.

 

EXCISE

 

$

0

 

$

0

 

$

0

 

$

0

 

11.

 

UNEMPLOYMENT

 

$

0

 

$

0

 

$

0

 

$

0

 

12.

 

REAL PROPERTY

 

$

0

 

$

0

 

$

0

 

$

0

 

13.

 

PERSONAL PROPERTY

 

$

0

 

$

0

 

$

0

 

$

0

 

14.

 

OTHER (ATTACH LIST)

 

$

0

 

$

0

 

$

0

 

$

0

 

15.

 

TOTAL STATE & LOCAL

 

$

0

 

$

0

 

$

0

 

$

0

 

16.

 

TOTAL TAXES

 

$

0

 

$

0

 

$

0

 

$

0

 

 

*                 The beginning tax liability should represent the liability from the prior month or, if this is the first operating report, the amount should be zero.

**          Attach photocopies of IRS Form 6123 or your FTD coupon and payment receipt to verify payment or deposit.

 

 

 

 

Monthly Operating Report

 

 

 

 

 

ACCRUAL BASIS-5

 

 

 

 

 

02/13/95, RWD, 2/96

 

CASE NAME:

Daisytek International Corporation

 

 

 

 

 

 

CASE NUMBER:

03-35724-HDH-11

 

 

 

The debtor in possession must complete the reconciliation below for each bank account, including all general, payroll and tax accounts, as well as all savings and investment accounts, money market accounts, certificates of deposit, government obligations, etc. Accounts with restricted funds should be identified by placing an asterisk next to the account number. Attach additional sheets if necessary.

 

 

MONTH:    February 29, 2004

 

BANK RECONCILIATIONS

 

 

 

 

 

Account #1

 

Account #2

 

Account #3

 

TOTAL

 

A.

 

BANK:

 

 

 

 

 

 

 

 

 

B.

 

ACCOUNT NUMBER:

 

 

 

 

 

 

 

 

 

C.

 

PURPOSE (TYPE:)

 

 

 

 

 

 

 

 

 

1.

 

BALANCE PER BANK STATEMENT

 

 

 

 

 

 

 

$

0

 

2.

 

ADD: TOTAL DEPOSITS NOT CREDITED

 

 

 

 

 

 

 

$

0

 

3.

 

SUBTRACT: OUTSTANDING CHECKS

 

 

 

 

 

 

 

$

0

 

4.

 

OTHER RECONCILING ITEMS

 

 

 

 

 

 

 

$

0

 

5.

 

MONTH END BALANCE PER BOOKS

 

 

 

 

 

 

 

$

0

 

6.

 

NUMBER OF LAST CHECK WRITTEN

 

 

 

 

 

 

 

 

 

 

INVESTMENT ACCOUNTS

 

BANK, ACCOUNT NAME & NUMBER

 

DATE OF
PURCHASE

 

TYPE OF
INSTRUMENT

 

PURCHASE
PRICE

 

CURRENT
VALUE

 

7.

 

 

 

 

 

 

 

 

 

 

 

8.

 

 

 

 

 

 

 

 

 

 

 

9.

 

 

 

 

 

 

 

 

 

 

 

10.

 

 

 

 

 

 

 

 

 

 

 

11.

 

TOTAL INVESTMENTS

 

 

 

 

 

$

0

 

$

0

 

 

CASH

 

12.

 

CURRENCY ON HAND

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

13.

 

TOTAL CASH - END OF MONTH

 

 

 

 

 

 

 

$

0

 

 

 

 

 

Monthly Operating Report

 

 

 

 

 

ACCRUAL BASIS-6

 

 

 

 

 

02/13/95, RWD, 2/96

 

CASE NAME:

Daisytek International Corporation

 

 

 

 

CASE NUMBER:

03-35724-HDH-11

 

 

PAYMENTS TO INSIDERS AND PROFESSIONALS

MONTH:

 

February 29, 2004

 

OF THE TOTAL DISBURSEMENTS SHOWN FOR THE MONTH, LIST THE AMOUNT PAID TOINSIDERS (AS DEFINED IN SECTION 101 (31) (A)-(F) OF THE U.S. BANKRUPTCY CODE) AND TO PROFESSIONALS. ALSO, FOR PAYMENTS TO INSIDERS, IDENTIFY THE TYPE OF COMPENSATION PAID (e.g. SALARY, BONUS,COMMISSIONS, INSURANCE, HOUSING ALLOWANCE, TRAVEL, CAR ALLOWANCE, ETC.). ATTACH ADDITIONAL SHEETS IF NECESSARY.

 

INSIDERS

 

NAME

 

TYPE OF
PAYMENT

 

AMOUNT
PAID

 

TOTAL PAID
TO DATE

 

1.

 

See Monthly Operating Report for Daisytek, Incorporated

 

 

 

 

 

 

 

2.

 

 

 

 

 

 

 

 

 

3.

 

 

 

 

 

 

 

 

 

4.

 

 

 

 

 

 

 

 

 

5.

 

 

 

 

 

 

 

 

 

6.

 

TOTAL PAYMENTS TO INSIDERS

 

 

 

$

0

 

$

0

 

 

PROFESSIONALS

 

NAME

 

DATE OF COURT
ORDER AUTHORIZING
PAYMENT

 

AMOUNT
APPROVED

 

AMOUNT
PAID

 

TOTAL PAID
TO DATE

 

TOTAL
INCURRED
& UNPAID *

 

1.

 

See Monthly Operating Report for Daisytek, Incorporated

 

 

 

 

 

 

 

 

 

 

 

2.

 

 

 

 

 

 

 

 

 

 

 

 

 

3.

 

 

 

 

 

 

 

 

 

 

 

 

 

4.

 

 

 

 

 

 

 

 

 

 

 

 

 

5.

 

 

 

 

 

 

 

 

 

 

 

 

 

6.

 

TOTAL PAYMENTS TO PROFESSIONALS

 

 

 

$

0

 

$

0

 

$

0

 

$

0

 

 

* INCLUDE ALL FEES INCURRED, BOTH APPROVED AND UNAPPROVED

 

POSTPETITION STATUS OF SECURED NOTES, LEASES PAYABLE AND ADEQUATE PROTECTION PAYMENTS

 

NAME OF CREDITOR

 

SCHEDULED
MONTHLY
PAYMENTS
DUE

 

AMOUNTS
PAID
DURING
MONTH

 

TOTAL
UNPAID
POSTPETITION

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TOTAL

 

0.00

 

0.00

 

0.00

 

 

 

 

 

Monthly Operating Report

 

 

 

 

 

ACCRUAL BASIS-7

 

 

 

 

 

02/13/95, RWD, 2/96

 

CASE NAME:

Daisytek International Corporation

 

 

 

 

CASE NUMBER:

03-35724-HDH-11

 

 

 

MONTH:

 

February 29, 2004

 

QUESTIONNAIRE

 

 

 

 

 

YES

 

NO

 

1.

 

HAVE ANY ASSETS BEEN SOLD OR TRANSFERRED OUTSIDE THE NORMAL COURSE OF BUSINESS THIS REPORTING PERIOD?

 

 

 

ý

 

2.

 

HAVE ANY FUNDS BEEN DISBURSED FROM ANY ACCOUNT OTHER THAN A DEBTOR IN POSSESSION ACCOUNT?

 

 

 

ý

 

3.

 

ARE ANY POSTPETITION RECEIVABLES (ACCOUNTS, NOTES, OR LOANS) DUE FROM RELATED PARTIES?

 

 

 

ý

 

4.

 

HAVE ANY PAYMENTS BEEN MADE ON PREPETITION LIABILITIES THIS REPORTING PERIOD?

 

 

 

ý

 

5.

 

HAVE ANY POSTPETITION LOANS BEEN RECEIVED BY THE DEBTOR FROM ANY PARTY?

 

 

 

ý

 

6.

 

ARE ANY POSTPETITION PAYROLL TAXES PAST DUE?

 

 

 

ý

 

7.

 

ARE ANY POSTPETITION STATE OR FEDERAL INCOME TAXES PAST DUE?

 

 

 

ý

 

8.

 

ARE ANY POSTPETITION REAL ESTATE TAXES PAST DUE?

 

 

 

ý

 

9.

 

ARE ANY OTHER POSTPETITION TAXES PAST DUE?

 

 

 

ý

 

10.

 

ARE ANY AMOUNTS OWED TO POSTPETITION CREDITORS DELINQUENT?

 

 

 

ý

 

11.

 

HAVE ANY PREPETITION TAXES BEEN PAID DURING THE REPORTING PERIOD?

 

 

 

ý

 

12.

 

ARE ANY WAGE PAYMENTS PAST DUE?

 

 

 

ý

 

 

IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS “YES,” PROVIDE A DETAILED EXPLANATION OF EACH ITEM. ATTACH ADDITIONAL SHEETS IF NECESSARY

 

 

 

INSURANCE

 

 

 

 

 

YES

 

NO

 

1.

 

ARE WORKER’S COMPENSATION, GENERAL LIABILITY AND OTHER NECESSARY INSURANCE COVERAGES IN EFFECT?

 

ý

 

 

 

2.

 

ARE ALL PREMIUM PAYMENTS PAID CURRENT?

 

ý

 

 

 

3.

 

PLEASE ITEMIZE POLICIES BELOW.

 

 

 

 

 

 

IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS “NO,” OR IF ANY POLICIES HAVE BEEN CANCELLED OR NOT RENEWED DURING THIS REPORTING PERIOD, PROVIDE AN EXPLANATION BELOW. ATTACH ADDITIONAL SHEETS IF NECESSARY.

 

 

 

INSTALLMENT PAYMENTS

 

TYPE OF
POLICY

 

CARRIER

 

PERIOD COVERED

 

PAYMENT AMOUNT
& FREQUENCY

 

See Daisytek, Incorporated