-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, NfAp8hWkOdWTb3Y6VYA1GA2xTza6XkBYILv7MDAHWRjgNuUd6JOCWNBSM9g1VyFX fymUeH1lEplgZAax9BAM1Q== 0000912057-01-524268.txt : 20010719 0000912057-01-524268.hdr.sgml : 20010719 ACCESSION NUMBER: 0000912057-01-524268 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 6 CONFORMED PERIOD OF REPORT: 20010219 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 20010718 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CINEMASTAR LUXURY THEATERS INC CENTRAL INDEX KEY: 0000931085 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MOTION PICTURE THEATERS [7830] IRS NUMBER: 330451054 STATE OF INCORPORATION: CA FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-25252 FILM NUMBER: 1683724 BUSINESS ADDRESS: STREET 1: 12230 EL CAMINO REAL STREET 2: SUITE 320 CITY: SAN DIEGO STATE: CA ZIP: 92130 BUSINESS PHONE: 6195092777 MAIL ADDRESS: STREET 1: 12230 EL CAMINO REAL STREET 2: SUITE 320 CITY: SAN DIEGO STATE: CA ZIP: 92130 FORMER COMPANY: FORMER CONFORMED NAME: NICKELODEON THEATER CO INC DATE OF NAME CHANGE: 19941128 8-K 1 a2054189z8-k.txt FORM 8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of Earliest Event Reported): February 19, 2001 CINEMASTAR LUXURY THEATERS, INC. ------------------------------------------------ (Exact Name of Registrant as Specified in Charter) DELAWARE 0-25252 33-0451054 ------------------------------- ---------------- --------------------- (State or Other Jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 7220 AVENIDA ENCINAS SUITE 203, CARLSBAD, CALIFORNIA 92009 ------------------------------------------------------------- (Address of Principal Executive Offices, including Zip Code) Registrant's telephone number, including area code (760) 929-2525 -------------- ITEM 5 OTHER EVENTS. Cinemastar Luxury Theaters, Inc. (the "Company") hereby files copies of reports, attached hereto as Exhibits 99.1 through 99.5, that are required to be filed with the United States Bankruptcy Court and the United States Trustee pursuant to Bankruptcy Rule 2015 and the United States Trustee's "Operating Guidelines and Financial Reporting Requirements". These reports are filed in connection with the Company's voluntary petition to reorganize under Chapter 11 of the U.S. Bankruptcy Code, dated January 4, 2001. ITEM 7 FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS. (c) Exhibits. 99.1 Debtor in possession monthly operating report for the month of January 2001 99.2 Debtor in possession monthly operating report for the month of February 2001 99.3 Debtor in possession monthly operating report for the month of March 2001 99.4 Debtor in possession monthly operating report for the month of April 2001 99.5 Debtor in possession monthly operating report for the month of May 2001 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CINEMASTAR LUXURY THEATERS, INC. Dated: July 17, 2001 By: /s/ Donald H. Harnois, Jr. ---------------------------------------------- Donald H. Harnois, Jr. Vice President and Chief Financial Officer EXHIBIT INDEX
Exhibit # Item - -------------- ---------------------------------------------------- 99.1 Debtor in possession monthly operating report for the month of January 2001 99.2 Debtor in possession monthly operating report for the month of February 2001 99.3 Debtor in possession monthly operating report for the month of March 2001 99.4 Debtor in possession monthly operating report for the month of April 2001 99.5 Debtor in possession monthly operating report for the month of May 2001
EX-99.1 2 a2054189zex-99_1.txt EXHIBIT 99.1 EXHIBIT 99.1 CHRISTOPHER CELENTINO, STATE BAR # 131688 LUCE, FORWARD, HAMILTON & SCRIPPS, LLP 600 WEST BROADWAY, SUITE 2600 SAN DIEGO, CA 92101 Attorney for Debtor-In-Possession UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF CALIFORNIA In Re: CinemaStar Luxury Theaters, Inc., Debtor(s) CASE NUMBER: 01-00110-JM11 CHAPTER 11 DEBTOR-IN-POSSESSION MONTHLY OPERATING REPORT FOR THE MONTH OF: JANUARY 2001 TO: THE HONORABLE JUDGE MYERS UNITED STATES BANKRUPTCY JUDGE The Debtor-In-Possession hereby files its Monthly Operating Report pursuant to the United States Trustee's Operating and Reporting Requirements for Chapter 11 cases. DATED: February 19, 2001 s/ Christopher Celentino --------------------------------- Attorney for Debtor-In-Possession Page 1 of 14 - ------------------------------------------------------------------------------- UNITED STATES DEPARTMENT OF JUSTICE OFFICE OF THE UNITED STATES TRUSTEE SOUTHERN DISTRICT OF CALIFORNIA - ------------------------------------------------------------------------------- In Re: CinemaStar Luxury Theaters, Inc., Debtor(s) CHAPTER 11 (BUSINESS) CASE NO. 01-00110-JM11 OPERATING REPORT NO. 1 FOR THE MONTH ENDING: JANUARY 31, 2001 I. CASH RECEIPTS AND DISBURSEMENTS A. (GENERAL ACCOUNT *) - --------------------------------------------------------------------------------------- --------------------- 1. TOTAL RECEIPTS PER ALL PRIOR GENERAL ACCOUNT REPORTS n/a - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 2. LESS: TOTAL DISBURSEMENTS PER ALL PRIOR GENERAL ACCOUNT REPORTS n/a - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 3. BEGINNING BALANCE 0.00 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 4. RECEIPTS DURING CURRENT PERIOD - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- ACCOUNTS RECEIVABLE - PRE-FILING 0.00 - --------------------------------------------------------------------------------------- --------------------- ACCOUNTS RECEIVABLE - POST-FILING 0.00 - --------------------------------------------------------------------------------------- --------------------- GENERAL SALES 981,652.24 - --------------------------------------------------------------------------------------- --------------------- OTHER (SPECIFY) Advanced ticket sales, Mexico mgmnt fees 99,816.60 - --------------------------------------------------------------------------------------- --------------------- OTHER ** (SPECIFY) 0.00 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- TOTAL RECEIPTS THIS PERIOD 1,081,468.84 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 5. BALANCE: 1,081,468.84 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 6. LESS: TOTAL DISBURSEMENTS DURING CURRENT PERIOD 620,189.04 - --------------------------------------------------------------------------------------- --------------------- (Total from Page 2) - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 7. ENDING BALANCE 461,279.80 - --------------------------------------------------------------------------------------- ---------------------
- ------------------------------------------------------- ----------------------------------------------------- 8. GENERAL ACCOUNT NUMBER 07007494381 - ------------------------------------------------------- ----------------------------------------------------- DEPOSITORY NAME AND LOCATION Union Bank of California - ------------------------------------------------------------------------------------------------------------- 445 South Figueroa St., Los Angeles, CA 90051 - -------------------------------------------------------------------------------------------------------------
* ALL RECEIPTS MUST BE DEPOSITED INTO THE GENERAL ACCOUNT ** INCLUDE THE RECEIPTS FROM THE SALE OF ANY REAL OR PERSONAL PROPERTY OUT OF THE ORDINARY COURSE OF BUSINESS; ATTACH AN EXHIBIT SPECIFYING WHAT WAS SOLD, TO WHOM, TERMS, AND DATE OF COURT ORDER OR REPORT OF SALE. Page 2 of 14 TOTAL DISBURSEMENTS DURING CURRENT PERIOD (General Account)
- --------------------------------------------------------------------------------------------------------------- CHECKS - --------------------------------------------------------------------------------------------------------------- Date Check # Payee Purpose Amount - --------------------------------------------------------------------------------------------------------------- 1/11/01 126 Pepsi Concession Inventory 1,663.01 - --------------------------------------------------------------------------------------------------------------- 1/11/01 127 Pepsi Concession Inventory 1,930.72 - --------------------------------------------------------------------------------------------------------------- 1/12/01 128 E Alejandre salary 1,011.13 - --------------------------------------------------------------------------------------------------------------- 1/12/01 129 J George void - - --------------------------------------------------------------------------------------------------------------- 1/12/01 130 M Whitacre void - - --------------------------------------------------------------------------------------------------------------- 1/12/01 131 M Whitacre salary 466.74 - --------------------------------------------------------------------------------------------------------------- 1/12/01 132 J George salary 620.45 - --------------------------------------------------------------------------------------------------------------- 1/17/01 133 Office Furniture Office furniture purchase 3,501.34 - --------------------------------------------------------------------------------------------------------------- 1/17/01 134 Pepsi Concession Inventory 1,738.15 - --------------------------------------------------------------------------------------------------------------- 1/16/01 135 Pepsi Concession Inventory 15,000.00 - --------------------------------------------------------------------------------------------------------------- 1/16/01 136 Quality Concessions Concession Inventory 1,950.00 - --------------------------------------------------------------------------------------------------------------- 1/16/01 137 Sony Film Payable 20,000.00 - --------------------------------------------------------------------------------------------------------------- 1/16/01 138 J Bailor salary 543.88 - --------------------------------------------------------------------------------------------------------------- 1/17/01 139 US postal service Postage 500.00 - --------------------------------------------------------------------------------------------------------------- 1/18/01 140 Pacer Cats POS maintenance 10,120.46 - --------------------------------------------------------------------------------------------------------------- 1/19/01 141 Optimal Web svcs - monthly fee 50.00 - --------------------------------------------------------------------------------------------------------------- 1/22/01 142 Manulife Employee benefits - 401K 2,666.55 - --------------------------------------------------------------------------------------------------------------- 1/29/01 143 Void void 0.00 - --------------------------------------------------------------------------------------------------------------- 1/23/01 144 Waxie Operating costs - 2,146.84 janitorial - --------------------------------------------------------------------------------------------------------------- 1/23/01 145 City Clerk SB20 Business licenses 1,695.26 - --------------------------------------------------------------------------------------------------------------- 1/25/01 146 SB Dept Public Health Business licenses 843.75 - --------------------------------------------------------------------------------------------------------------- 1/25/01 147 Jessica George Emp. Benefits - tuition 90.79 reimbursement - --------------------------------------------------------------------------------------------------------------- 1/25/01 148 SD Union Tribune Film advertising 3,750.24 - --------------------------------------------------------------------------------------------------------------- 1/25/01 149 State Comp Ins. Workers Comp Insurance 12,000.01 - --------------------------------------------------------------------------------------------------------------- 1/25/01 150 Paul Hobby travel reimbursement 4,679.16 - --------------------------------------------------------------------------------------------------------------- 1/25/01 151 Union Bank of Cal interest pmt 60,088.86 - --------------------------------------------------------------------------------------------------------------- 1/26/01 152 Union Bank of Cal credit card charge backs 1,400.93 - --------------------------------------------------------------------------------------------------------------- 1/26/01 153 City of Riverside Business licenses 220.00 - --------------------------------------------------------------------------------------------------------------- 1/26/01 154 Image Com Copy machine - purchase 2,000.01 - --------------------------------------------------------------------------------------------------------------- 1/29/01 155 Dianne Peacock travel reimbursement 93.00 - --------------------------------------------------------------------------------------------------------------- 1/29/01 156 City Clerk SB20 Business licenses 50.00 - --------------------------------------------------------------------------------------------------------------- 1/30/01 157 Allen Elrod reimbursement 270.93 - --------------------------------------------------------------------------------------------------------------- 1/31/01 158 Van Asch Janitorial Operating costs - 737.11 janitorial - --------------------------------------------------------------------------------------------------------------- 1/31/01 159 County of Riverside Business licenses 492.00 - --------------------------------------------------------------------------------------------------------------- TOTAL 152,321.32 - --------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------- WIRE TRANSFERS - --------------------------------------------------------------------------------------------------------------- 1/16/01 1.01 Mission Grove Properties Theater rent 29,766.97 - --------------------------------------------------------------------------------------------------------------- 1/16/01 1.02 Mission Grove Theater rent 59,283.43 - ---------------------------------------------------------------------------------------------------------------- Page 3 of 14 - ---------------------------------------------------------------------------------------------------------------- Properties - ---------------------------------------------------------------------------------------------------------------- 1/25/01 1.05 20th Century Fox Films Payable 28,686.80 - --------------------------------------------------------------------------------------------------------------- 1/25/01 1.06 Buena Vista Films Payable 14,211.25 - --------------------------------------------------------------------------------------------------------------- 1/25/01 1.07 Miramax Films Payable 6,945.73 - --------------------------------------------------------------------------------------------------------------- 1/25/01 1.08 Paramount Films Payable 11,650.74 - --------------------------------------------------------------------------------------------------------------- 1/25/01 1.09 Universal Films Payable 14,690.48 - --------------------------------------------------------------------------------------------------------------- 1/25/01 1.10 Warner Films Payable 12,470.05 - --------------------------------------------------------------------------------------------------------------- 1/25/01 1.11 Newline Films Payable 121.11 - --------------------------------------------------------------------------------------------------------------- 1/25/01 1.12 ManuLife Emp. Benefits - 401K - 7,558.32 for 2 months - --------------------------------------------------------------------------------------------------------------- 1/25/01 1.13 Metropolitan Prov. Concession Inventory 7,946.91 - --------------------------------------------------------------------------------------------------------------- 1/31/01 1.14 Metropolitan Prov. Concession Inventory - --------------------------------------------------------------------------------------------------------------- TOTAL 193,331.79 - --------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------- TRANSFERS TO PAYROLL ACCOUNT - --------------------------------------------------------------------------------------------------------------- 1/19/01 UBOC Acct. # 07007494365 Jan 19, 2001 Payroll Run 135,505.65 - --------------------------------------------------------------------------------------------------------------- 1/22/01 UBOC Acct. # 07007494365 Special Run: Closing 2,030.28 Galaxy 6 Thtr - --------------------------------------------------------------------------------------------------------------- 1/26/01 UBOC Acct. # 07007494365 Feb 2, 2001 Payroll Run 137,000.00 - --------------------------------------------------------------------------------------------------------------- TOTAL 274,535.93 - --------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------- TOTAL DISBURSEMENTS DURING CURRENT PERIOD 620,189.04 - ----------------------------------------------------------------------------------------------------------------
Page 4 of 14 I. CASH RECEIPTS AND DISBURSEMENTS (Continued) B. (PAYROLL ACCOUNT) - --------------------------------------------------------------------------------------- --------------------- 1. TOTAL RECEIPTS PER ALL PRIOR PAYROLL ACCOUNT REPORTS n/a - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 2. LESS: TOTAL DISBURSEMENTS PER ALL PRIOR PAYROLL ACCOUNT REPORTS n/a - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 3. BEGINNING BALANCE 0.00 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 4. RECEIPTS DURING CURRENT PERIOD 274,535.93 - --------------------------------------------------------------------------------------- --------------------- TRANSFERRED FROM GENERAL ACCOUNT - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 5. BALANCE: 274,535.93 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 6. LESS: TOTAL DISBURSEMENTS DURING CURRENT PERIOD 139,834.08 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 7. ENDING BALANCE 134,701.85 - --------------------------------------------------------------------------------------- ---------------------
- ------------------------------------------------------- ----------------------------------------------------- 8. PAYROLL ACCOUNT NUMBER 07007494365 - ------------------------------------------------------- ----------------------------------------------------- DEPOSITORY NAME AND LOCATION Union Bank of California - ------------------------------------------------------------------------------------------------------------- 445 South Figueroa St., Los Angeles, CA 90051 - -------------------------------------------------------------------------------------------------------------
Page 5 of 14 TOTAL DISBURSEMENTS DURING CURRENT PERIOD (Payroll Account) - ---------------------------------------------------------------------------------------------------------------- January 19, 2001 Payroll Run - Summary of Expense - ---------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------- Wages Earned - Normal Recurring 92,402.56 - ---------------------------------------------------------------------------------------------------------------- Wages Earned - Adjustments & Voids 3,746.88 - ---------------------------------------------------------------------------------------------------------------- Wage Garnishments 117.00 - ---------------------------------------------------------------------------------------------------------------- Federal Income Taxes 12,230.22 - ---------------------------------------------------------------------------------------------------------------- Social Security 15,264.35 - ---------------------------------------------------------------------------------------------------------------- Medicare 3,569.85 - ---------------------------------------------------------------------------------------------------------------- State Unemployment Taxes - Employer 3,581.36 - ---------------------------------------------------------------------------------------------------------------- Federal Unemployment Taxes 966.96 - ---------------------------------------------------------------------------------------------------------------- State Unemployment Taxes - Employee 1,273.49 - ---------------------------------------------------------------------------------------------------------------- State Income Taxes 2,352.98 - ---------------------------------------------------------------------------------------------------------------- Total 135,505.65 - ---------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------- January 19, 2001 Payroll Run - Summary of Disbursements - ---------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------- Direct Deposits 79,132.34 - ---------------------------------------------------------------------------------------------------------------- ADP Checks Issued 52,626.44 - ---------------------------------------------------------------------------------------------------------------- Manual Checks Issued 3,746.88 - ---------------------------------------------------------------------------------------------------------------- TOTAL 135,505.66 - ---------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------- January 22, 2001 Special Payroll Run: Closing Galaxy 6 - ---------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------- Manual Checks Issued 2,030.28 - ---------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------- January 24, 2001 Special Payroll Run: Closing Galaxy 6 - ---------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------- Manual Checks Issued 2,298.15 - ---------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------- TOTAL DISBURSEMENTS THIS PERIOD 139,834.09 - ----------------------------------------------------------------------------------------------------------------
Page 6 of 14 I. CASH RECEIPTS AND DISBURSEMENTS (Continued) B. (TAX ACCOUNT) - --------------------------------------------------------------------------------------- --------------------- 1. TOTAL RECEIPTS PER ALL PRIOR TAX ACCOUNT REPORTS n/a - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 2. LESS: TOTAL DISBURSEMENTS PER ALL PRIOR TAX ACCOUNT REPORTS n/a - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 3. BEGINNING BALANCE 0.00 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 4. RECEIPTS DURING CURRENT PERIOD - --------------------------------------------------------------------------------------- --------------------- TRANSFERRED FROM GENERAL ACCOUNT 25,000.00 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 5. BALANCE: 25,000.00 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 6. LESS: TOTAL DISBURSEMENTS DURING CURRENT PERIOD 0.00 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 7. ENDING BALANCE 25,000.00 - --------------------------------------------------------------------------------------- ---------------------
- ------------------------------------------------------- ----------------------------------------------------- 8. TAX ACCOUNT NUMBER 02180038712 - ------------------------------------------------------- ----------------------------------------------------- DEPOSITORY NAME AND LOCATION Union Bank of California - ------------------------------------------------------------------------------------------------------------- 445 South Figueroa St., Los Angeles, CA 90051 - ------------------------------------------------------------------------------------------------------------- - -------------------------------------------------------------------------------------------------------------------
D. SUMMARY SCHEDULE OF CASH - --------------------------------------------------------------------------------------- --------------------- ENDING BALANCE FOR PERIOD - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- GENERAL ACCOUNT 461,279.80 - --------------------------------------------------------------------------------------- --------------------- PAYROLL ACCOUNT 134,701.85 - --------------------------------------------------------------------------------------- --------------------- TAX ACCOUNT 25,000.00 - --------------------------------------------------------------------------------------- --------------------- OTHER ACCOUNTS *: 2,047,121.15 - --------------------------------------------------------------------------------------- --------------------- OTHER MONIES *: 0.00 - --------------------------------------------------------------------------------------- --------------------- PETTY CASH ** 0.00 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- TOTAL CASH AVAILABLE 2,668,102.80 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- ---------------------
* SPECIFY THE FUND AND THE TYPE OF HOLDING (I.E., CD, SAVINGS ACCOUNT, INVESTMENT SECURITIES, ETC.) AND THE DEPOSITORY NAME, LOCATION, AND ACCOUNT NUMBER ** ATTACH EXHIBIT ITEMIZING ALL PETTY CASH TRANSACTIONS NOTE: ATTACH COPIES OF ALL MONTHLY ACCOUNTS FROM FINANCIAL INSTITUTIONS FOR EACH ACCOUNT Page 7 of 14 OTHER ACCOUNTS (SUPPLEMENT TO SCHEDULE I.D.)
- ---------------------------------------------------------------- --------------------- ---------------------- Bank / Account Type Account # Balance - ---------------------------------------------------------------- --------------------- ---------------------- - ---------------------------------------------------------------- --------------------- ---------------------- Bank of America - ---------------------------------------------------------------- --------------------- ---------------------- Master Concentration 14501-09188 970,239.84 - ---------------------------------------------------------------- --------------------- ---------------------- Merchant 14501-09189 65,766.25 - ---------------------------------------------------------------- --------------------- ---------------------- - ---------------------------------------------------------------- --------------------- ---------------------- Union Bank of California - ---------------------------------------------------------------- --------------------- ---------------------- Master Concentration 0700494-349 908,359.33 - ---------------------------------------------------------------- --------------------- ---------------------- FOB Cinemastar Luxury Cinemas, Inc. 0700494-373 102,758.73 - ---------------------------------------------------------------- --------------------- ---------------------- Merchant 0700494-357 0.00 - ---------------------------------------------------------------- --------------------- ---------------------- Moviefone 0700494-146 0.00 - ---------------------------------------------------------------- --------------------- ---------------------- - ---------------------------------------------------------------- --------------------- ---------------------- Total 2,047,121.15 - ---------------------------------------------------------------- --------------------- ---------------------- - ---------------------------------------------------------------- --------------------- ----------------------
Page 8 of 14 II. STATUS OF PAYMENTS TO SECURED CREDITORS, LESSORS, AND OTHER PARTIES TO EXECUTORY CONTRACTS
- --------------------------------------------------------------------------------------------------------------------- CREDITOR, LESSOR, ETC. FREQUENCY OF PAYMENTS AMOUNT OF PAYMENT POST-PETITION TOTAL DUE (Mo./Qtr.) PAYMENTS NOT MADE (NUMBER) - --------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------- Oceanside Mission Market Monthly $57,678.10 1 $57,678.10 (paid in Place (Lessor MM 13 Theater) February) - --------------------------------------------------------------------------------------------------------------------- Coudres Family Ptrship Monthly $35,740.55 1 $35,740.55 (paid in (Lessor PR 10 Theater) February) - --------------------------------------------------------------------------------------------------------------------- MDA - San Bernardino Monthly $96,851.61 0 $0.00 (Lessor SB20 Thtr) - --------------------------------------------------------------------------------------------------------------------- Mission Grove Theater Monthly $89,050.40 0 $0.00 Properties I&II (Lessor MG 18 Theater) - --------------------------------------------------------------------------------------------------------------------- United Title Company Monthly $4,983.40 0 $0.00 (Lessor - Corp Offices) - --------------------------------------------------------------------------------------------------------------------- Union Bank of California Monthly $57,472.22 1 $57,472.10 (paid in ($2,000,000 loan, principal February) and interest) - --------------------------------------------------------------------------------------------------------------------- Midland Loan Services Monthly $17,646.36 1 $17,646.36 (Mortgage Note on Chula Vista Property) - --------------------------------------------------------------------------------------------------------------------- Union Bank of California Monthly $646.80 0 $0.00 (Auto Lease) - ---------------------------------------------------------------------------------------------------------------------
III. TAX LIABILITIES - ------------------------------------------------------------------------------------ ------------------------ FOR THE REPORTING PERIOD: - ------------------------------------------------------------------------------------ ------------------------ GROSS SALES SUBJECT TO SALES TAX 157,604.04 - ------------------------------------------------------------------------------------ ------------------------ TOTAL WAGES PAID 100,594.87 - ------------------------------------------------------------------------------------ ------------------------
- --------------------------------------- ----------------------- ---------------------- ---------------------- TOTAL POST-PETITION AMOUNT DELINQUENT DATE DELINQUENT AMOUNTS OWING AMOUNT DUE - --------------------------------------- ----------------------- ---------------------- ---------------------- - --------------------------------------- ----------------------- ---------------------- ---------------------- FEDERAL WITHHOLDING - --------------------------------------- ----------------------- ---------------------- ---------------------- STATE WITHHOLDING - --------------------------------------- ----------------------- ---------------------- ---------------------- FICA-EMPLOYER'S SHARE - --------------------------------------- ----------------------- ---------------------- ---------------------- FICA - EMPLOYEE'S SHARE - --------------------------------------- ----------------------- ---------------------- ---------------------- FEDERAL UNEMPLOYMENT - --------------------------------------- ----------------------- ---------------------- ---------------------- STATE WITHHOLDING - --------------------------------------- ----------------------- ---------------------- ---------------------- SALES AND USE 12,214.29 - --------------------------------------- ----------------------- ---------------------- ---------------------- REAL PROPERTY 164,718.89 - --------------------------------------- ----------------------- ---------------------- ---------------------- OTHER (SPECIFY) - --------------------------------------- ----------------------- ---------------------- ---------------------- - --------------------------------------- ----------------------- ---------------------- ---------------------- TOTAL 176,933.18 - --------------------------------------- ----------------------- ---------------------- ----------------------
Page 9 of 14 IV. AGING OF ACCOUNTS PAYABLE AND ACCOUNTS RECEIVABLE
------------------------------------------------ - ---------------------------- ------------------------------- ACCOUNTS RECEIVABLE ACCOUNTS PAYABLE * ------------------------ ----------------------- (POST-PETITION ONLY) Pre-Petition Post-Petition - ---------------------------- ------------------------------- ------------------------ ----------------------- 30 days or less 231,847.11 - ---------------------------- ------------------------------- ------------------------ ----------------------- 31-60 days - ---------------------------- ------------------------------- ------------------------ ----------------------- 61-90 days - ---------------------------- ------------------------------- ------------------------ ----------------------- 91-120 days - ---------------------------- ------------------------------- ------------------------ ----------------------- Over 120 days - ---------------------------- ------------------------------- ------------------------ ----------------------- TOTALS: 231,847.11 - ---------------------------- ------------------------------- ------------------------ -----------------------
V. INSURANCE COVERAGE
- ----------------------- --------------------- -------------------- --------------------- -------------------- NAME OF CARRIER AMOUNT OF COVERAGE POLICY EXPIRATION PREMIUM PAID DATE THROUGH: - ----------------------- --------------------- -------------------- --------------------- -------------------- General Liability Royal Insurance of $2,000,000 10/14/01 2/14/01 America - ----------------------- --------------------- -------------------- --------------------- -------------------- Umbrella Liability St. Paul's $10,000,000 10/14/01 2/14/01 Insurance Company - ----------------------- --------------------- -------------------- --------------------- -------------------- Automobile Liability Royal Insurance of $1,000,000 10/14/01 2/14/01 America - ----------------------- --------------------- -------------------- --------------------- -------------------- Directors & Officers National Union Fire $5,000,000 6/20/01 2/14/01 Liability Insurance Company - ----------------------- --------------------- -------------------- --------------------- -------------------- Workers Compensation State (of CA) Variable n/a 2/14/01 Compensation Insurance Fund - ----------------------- --------------------- -------------------- --------------------- -------------------- Property Royal Insurance of $35,212,960 10/14/01 2/14/01 America - ----------------------- --------------------- -------------------- --------------------- -------------------- Vacant Property Royal Indemnity $1,500,000 12/14/01 2/14/01 Company - ----------------------- --------------------- -------------------- --------------------- -------------------- Foreign Package ACE USA $1,000,000 10/15/01 2/14/01 - ----------------------- --------------------- -------------------- --------------------- --------------------
VI. UNITED STATES TRUSTEE QUARTERLY FEES (TOTAL PAYMENTS)
- ------------------- ------------------- --------------- ----------------- ----------------- ----------------- Qtrly Period Total Qtrly Fees Date Paid Amount Paid Qtrly Fee Still Ending Disbursements Owing - ------------------- ------------------- --------------- ----------------- ----------------- ----------------- - ------------------- ------------------- --------------- ----------------- ----------------- ----------------- - ------------------- ------------------- --------------- ----------------- ----------------- ----------------- - ------------------- ------------------- --------------- ----------------- ----------------- -----------------
* POST-PETITION ACCOUNTS PAYABLE SHOULD NOT INCLUDE PROFESSIONALS' FEES AND EXPENSES WHICH HAVE BEEN INCURRED BUT NOT YET AWARDED BY THE COURT. POST-PETITION ACCOUNTS PAYABLE SHOULD INCLUDE PROFESSIONALS' FEES AND EXPENSES AUTHORIZED BY COURT ORDER BUT WHICH REMAIN UNPAID AS OF THE CLOSE OF THE PERIOD OF THE REPORT. Page 10 of 14 VII. PROFIT AND LOSS STATEMENT (ACCRUAL BASIS ONLY)
Cumulative Current Month Post-Petition ------------- ------------- Admission Revenue 852,093 852,093 Concession Revenue 332,330 332,330 Video Revenue 17,590 17,590 Screen Advertising 7,375 7,375 Other Revenues 4,501 4,501 - -------------------------------------------------------------------------- Theater Revenue 1,213,890 1,213,890 Film Rental Expense 402,727 402,727 Concession COGS 44,796 44,796 - -------------------------------------------------------------------------- Theater Cost of Goods Sold 447,523 447,523 - -------------------------------------------------------------------------- Theater Gross Margin 766,368 766,368 - -------------------------------------------------------------------------- Salaries 104,655 104,655 Payroll Taxes 12,247 12,247 Rent Expense 321,888 321,888 CAM Expense 25,946 25,946 Utility Expense 40,439 40,439 Advertising Expense 17,461 17,461 Co-op Advertising Expense 5,819 5,819 Repairs & Maint Expense 10,409 10,409 Janitorial Services 25,825 25,825 Janitorial Supplies Expense 7,254 7,254 Insurance Expense 26,180 26,180 Property Taxes 95,299 95,299 Security Expense 4,360 4,360 Travel & Entertainment 264 264 Vehicle Expense 0 0 Supplies Expense 4,089 4,089 Banking Fees 1,419 1,419 Equipment Rental Expense 1,290 1,290 Outside Services Expense 0 0 Other Theater Expense 1,153 1,153 Pre-Opening Expense 0 0 - -------------------------------------------------------------------------- Theater Operating Expenses 705,995 705,995 - -------------------------------------------------------------------------- Operating Income 60,373 60,373 - -------------------------------------------------------------------------- General & Administrative Expenses 59,048 59,048 Deprec & Amortization 209,875 209,875 Interest Expense 59,311 59,311 Interest/Dividend Income 2 2 Taxes 482 482 Non-Recurring Income/Expense 0 0 - -------------------------------------------------------------------------- Non-Operating (Income)/Expense 328,718 328,718 - -------------------------------------------------------------------------- Net Income (268,345) (268,345) ==========================================================================
Page 11 of 14 VIII. BALANCE SHEET (ACCRUAL BASIS ONLY)
Current Month End ----------------- Cash 2,418,346 Accts Receivable (19,208) Conc Inventory 13,487 Concession Rebates 10,445 Supplies Inventory 9,777 Prepaids 465,629 - -------------------------------------------------------------------------- Current Assets 2,898,478 Fixed Assets 24,347,030 Accumulated Depreciation (12,930,220) - -------------------------------------------------------------------------- Net Fixed Assets 11,416,810 Deposits-Leases 43,789 Deposits-Concession 940 Deposits 200 Loan Orig Fee (20,690) Investment CLT SA de CV 22,875 Investment in Mexico 339,643 Goodwill - Mexico (128,003) - -------------------------------------------------------------------------- Other Assets 258,755 - -------------------------------------------------------------------------- Assets 14,574,042 ========================================================================== Accounts Payable 2,970,914 Accrued Payroll 266,628 Other Accruals 649,739 Deferred Revenue 475,072 Concession Advances 49,971 Short Term Notes Payable 0 - -------------------------------------------------------------------------- Current Liabilities 4,412,325 Deferred Rent Accrual 4,142,631 Capital Leases (10,301) Notes Payable 1,718,631 Credit Facility Debt 2,280,000 Intercompany Accounts 2,126,962 - -------------------------------------------------------------------------- Long-Term Liabilities 10,257,923 Common Stock 62,892 Additional Paid In Capital 29,642,292 Treasury Stock 0 Retained Earnings (26,278,047) Current Year Retained Earnings (3,523,342) Current Year Dividends 0 - -------------------------------------------------------------------------- Shareholders' Equity (96,206) - -------------------------------------------------------------------------- Liabilities & Equity 14,574,042 =============================================================================
Page 12 of 14 STATEMENT OF CASH FLOWS (Supplement to Balance Sheet)
Current Month ------------- CASH FLOW FROM OPERATIONS Net Income / (Loss) (268,345) Depreciation & Amortization 209,875 Non-Cash Interest Expense 0 Deferred Rent 74,758 Changes in Operating Assets & Liabilities: Change in Current Assets 105,081 Change in Other Assets 12,694 Change in Accounts Payable (157,050) Change in Other Liabilities (69,576) - --------------------------------------------------------------------------- Net Cash Provided By / (Used In) Operations (92,563) CASH FLOW FROM INVESTING ACTIVITIES Purchase of Property (1,029) Sale of Property 0 - --------------------------------------------------------------------------- Net Cash Provided By / (Used In) Investing Activities (1,029) CASH FLOW FROM FINANCING ACTIVITIES Payment of Debt & Capital Lease Obligations (70,000) Proceeds from Debt Issuance / Drawdown 0 Proceeds from Issuance of Common Stock 0 - --------------------------------------------------------------------------- Net Cash Provided By / (Used In) Financing Activities (70,000) - --------------------------------------------------------------------------- Net Increase / (Decrease) in Cash (163,592) - --------------------------------------------------------------------------- Beginning of Period Cash Balance 2,581,938 - --------------------------------------------------------------------------- - --------------------------------------------------------------------------- End of Period Cash Balance 2,418,346 ===========================================================================
Page 13 of 14 IX. QUESTIONNAIRE 1. Has the debtor-in-possession made any payments on its pre-petition unsecured debt, except as has been authorized by the court? No X Yes Explain: 2. Has the debtor-in-possession during this reporting period provided compensation or remuneration to any officers, directors, principals or other insiders without appropriate authorization? No X Yes Amount, to whom, and for what period: 3. State what progress was made during the reporting period toward filing a plan of reorganization: Debtor has closed two non-performing theaters, (Galaxy 6 and Chula Vista 10, which is operated by a subsidiary of the debtor) is very close to signing lease amendments on two theater leases and is in negotiations with a third landlord. Debtor has reduced headcount at its corporate office and cancelled non-economic office equipment leases. 4. Describe potential future events which may have a significant impact on the case. 5. Attach copies of all Orders granting relief from the automatic stay that were entered during the reporting period. 6. Did you receive any exempt income this month, which is not set forth in the operating report? No X Yes If yes, please set forth the amounts and the source of the income. I, DONALD H. HARNOIS, JR., CHIEF FINANCIAL OFFICER, declare under penalty of perjury that I have fully read and understood the foregoing debtor-in-possession operating report and that the information contained herein is true and complete to the best of my knowledge. Date: February 19, 2001 s/ Donald H. Harnois, Jr. ------------------------------------ Principal for debtor-in-possession EX-99.2 3 a2054189zex-99_2.txt EXHIBIT 99.2 EXHIBIT 99.2 Christopher Celentino, State Bar # 131688 Luce, Forward, Hamilton & Scripps, LLP 600 West Broadway, Suite 2600 San Diego, CA 92101 Attorney for Debtor-In-Possession UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF CALIFORNIA In Re: CinemaStar Luxury Theaters, Inc., Debtor(s) CASE NUMBER: 01-00110-JM11 CHAPTER 11 DEBTOR-IN-POSSESSION MONTHLY OPERATING REPORT FOR THE MONTH OF: FEBRUARY 2001 TO: THE HONORABLE JUDGE MYERS UNITED STATES BANKRUPTCY JUDGE The Debtor-In-Possession hereby files its Monthly Operating Report pursuant to the United States Trustee's Operating and Reporting Requirements for Chapter 11 cases. DATED: March 18, 2001 s/ Christopher Celentino ----------------------------------- Attorney for Debtor-In-Possession Page 1 of 17 - ------------------------------------------------------------------------------ UNITED STATES DEPARTMENT OF JUSTICE OFFICE OF THE UNITED STATES TRUSTEE SOUTHERN DISTRICT OF CALIFORNIA - ------------------------------------------------------------------------------ In Re: CinemaStar Luxury Theaters, Inc., Debtor(s) CHAPTER 11 (BUSINESS) CASE NO. 01-00110-JM11 OPERATING REPORT NO. 2 FOR THE MONTH ENDING: FEBRUARY 28, 2001 I. CASH RECEIPTS AND DISBURSEMENTS A. (GENERAL ACCOUNT *) - --------------------------------------------------------------------------------------- --------------------- 1. TOTAL RECEIPTS PER ALL PRIOR GENERAL ACCOUNT REPORTS 1,081,468.84 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 2. LESS: TOTAL DISBURSEMENTS PER ALL PRIOR GENERAL ACCOUNT REPORTS 620,189,.04 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 3. BEGINNING BALANCE 461,279.80 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 4. RECEIPTS DURING CURRENT PERIOD - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- ACCOUNTS RECEIVABLE - PRE-FILING 0.00 - --------------------------------------------------------------------------------------- --------------------- ACCOUNTS RECEIVABLE - POST-FILING 0.00 - --------------------------------------------------------------------------------------- --------------------- GENERAL SALES 1,194,064.16 - --------------------------------------------------------------------------------------- --------------------- OTHER (SPECIFY) Advanced ticket sales, Mexico mgmnt fees 28,540.40 - --------------------------------------------------------------------------------------- --------------------- OTHER ** (SPECIFY) 0.00 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- TOTAL RECEIPTS THIS PERIOD 1,222,604.56 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 5. BALANCE: 1,683,884.36 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 6. LESS: TOTAL DISBURSEMENTS DURING CURRENT PERIOD 1,428,496.00 - --------------------------------------------------------------------------------------- --------------------- (Total from Page 2) - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 7. ENDING BALANCE 255,388.36 - --------------------------------------------------------------------------------------- ---------------------
- ------------------------------------------------------- ----------------------------------------------------- 8. GENERAL ACCOUNT NUMBER 07007494381 - ------------------------------------------------------- ----------------------------------------------------- DEPOSITORY NAME AND LOCATION Union Bank of California - ------------------------------------------------------------------------------------------------------------- 445 South Figueroa St., Los Angeles, CA 90051 - -------------------------------------------------------------------------------------------------------------
* All receipts must be deposited into the general account ** Include the receipts from the sale of any real or personal property out of the ordinary course of business; attach an exhibit specifying what was sold, to whom, terms, and date of Court Order or Report of Sale. Page 2 of 17 TOTAL DISBURSEMENTS DURING CURRENT PERIOD (General Account) - -------------------------------------------------------------------------------------------------------------- DATE CHECK # PAYEE PURPOSE AMOUNT - -------------------------------------------------------------------------------------------------------------- CHECK RUNS - -------------------------------------------------------------------------------------------------------------- 2/1/01 160 United Title Company Corp Rent 4,983.30 - -------------------------------------------------------------------------------------------------------------- 161 Mission Grove Theater MG18 Rent 64,443.41 - -------------------------------------------------------------------------------------------------------------- 162 Mission Grove Theater II MG18 Rent addition 32,355.40 - -------------------------------------------------------------------------------------------------------------- 163 AON Risk Services Insurance 12,608.00 - -------------------------------------------------------------------------------------------------------------- 164 Union Tribune Advertising 866.76 - -------------------------------------------------------------------------------------------------------------- 165 MGM Films Film Rental 5,082.75 - -------------------------------------------------------------------------------------------------------------- 166 Staples Office Supplies 775.58 - -------------------------------------------------------------------------------------------------------------- 167 Phone Systems Plus Corp phone repair 150.00 - -------------------------------------------------------------------------------------------------------------- 168 Waxie Sanitary Supply Janitorial Supplies 2,586.09 - -------------------------------------------------------------------------------------------------------------- 169 Office Furniture Outlet Office Furniture 7,889.23 Inc - -------------------------------------------------------------------------------------------------------------- 16200 MGM Films Film Rental 1,890.71 - -------------------------------------------------------------------------------------------------------------- 16201 Airborne Express Film Transportation 2,500.00 - -------------------------------------------------------------------------------------------------------------- 16202 City Of Riverside Utilities 22,817.60 - -------------------------------------------------------------------------------------------------------------- 16203 Kombiz Lavasany Reimbursements 131.38 - -------------------------------------------------------------------------------------------------------------- 16204 Manulife Financial 401K 2,580.67 - -------------------------------------------------------------------------------------------------------------- 16205 Murphy's Printing Office Supplies 806.25 - -------------------------------------------------------------------------------------------------------------- 16206 Dianne Peacock Reimbursements 100.00 - -------------------------------------------------------------------------------------------------------------- 16207 The Press Enterprise Advertising 23,605.94 - -------------------------------------------------------------------------------------------------------------- 16208 State Comp Ins. Fund Workers Comp 20,286.86 - -------------------------------------------------------------------------------------------------------------- 16209 Union Tribune Advertising 566.40 - -------------------------------------------------------------------------------------------------------------- 16210 United Parcel Service Postage & Freight 16.45 - -------------------------------------------------------------------------------------------------------------- 16211 void MM13 Rent - - -------------------------------------------------------------------------------------------------------------- 16212 Prudential Insurance 9,928.84 - -------------------------------------------------------------------------------------------------------------- 16213 Prudential Insurance 334.00 - -------------------------------------------------------------------------------------------------------------- 16214 Union Bank of California Clays Car 645.30 - -------------------------------------------------------------------------------------------------------------- 16215 The Guardian Insurance 4,102.68 - -------------------------------------------------------------------------------------------------------------- 16216 Stanley Steamer Repairs and Maintenance 1,105.24 - -------------------------------------------------------------------------------------------------------------- 16217 Waxie Sanitary Supply Janitorial Supplies 200.76 - -------------------------------------------------------------------------------------------------------------- 16218 Oceanside Mission MM13 Rent 123,901.09 Marketplace - -------------------------------------------------------------------------------------------------------------- 16219 Coudres Family Limited PR10 Rent 76,776.01 - -------------------------------------------------------------------------------------------------------------- 16220 MGM Films Film Rental 798.30 - -------------------------------------------------------------------------------------------------------------- 16221 void - - -------------------------------------------------------------------------------------------------------------- 16222 Accountants On Call Temporary help 129.84 - -------------------------------------------------------------------------------------------------------------- 16223 AC Nielsen EDI, Inc. Telecommunications 100.00 - -------------------------------------------------------------------------------------------------------------- 16224 Airborne Express Film Transportation 130.00 - -------------------------------------------------------------------------------------------------------------- 16225 All City Electrical Repairs and Maintenance 300.50 Service - -------------------------------------------------------------------------------------------------------------- 16226 AON Risk Services Insurance 11,580.00 - -------------------------------------------------------------------------------------------------------------- 16227 Armored Transport Cash Deposits 1,179.83 - -------------------------------------------------------------------------------------------------------------- 16228 Arrowhead Mountain Water Corp Water 76.79 - -------------------------------------------------------------------------------------------------------------- Page 3 of 17 - -------------------------------------------------------------------------------------------------------------- 16229 void - - -------------------------------------------------------------------------------------------------------------- 16230 Brake Water Film Transportation 716.00 Transportation - -------------------------------------------------------------------------------------------------------------- 16231 Business Wire Public Relations 100.00 - -------------------------------------------------------------------------------------------------------------- 16232 CAPS Alarm Monitoring 57.50 - -------------------------------------------------------------------------------------------------------------- 16233 City Of Oceanside Water/Sewage & Trash MM13 3,503.09 - -------------------------------------------------------------------------------------------------------------- 16234 City Of San Bernardino Security Service 2,509.71 - -------------------------------------------------------------------------------------------------------------- 16235 City Of San Bernardino License and Fees 50.00 - -------------------------------------------------------------------------------------------------------------- 16236 City Of San Bernardino Trash Removal SB20 488.61 - -------------------------------------------------------------------------------------------------------------- 16237 Clay Colbert Reimbursements 541.57 - -------------------------------------------------------------------------------------------------------------- 16238 Crown Point Design Uniforms 35.88 Embroidery - -------------------------------------------------------------------------------------------------------------- 16239 CR&R Inc Trash Removal PR10 463.54 - -------------------------------------------------------------------------------------------------------------- 16240 DC Electronics Alarm Monitoring 215.00 - -------------------------------------------------------------------------------------------------------------- 16241 De Lage Landen Telephone 123.99 - -------------------------------------------------------------------------------------------------------------- 16242 Deluxe Business Forms Bank fees & charges 188.59 - -------------------------------------------------------------------------------------------------------------- 16243 Dept of Motor Vehicles Registrations 139.00 - -------------------------------------------------------------------------------------------------------------- 16244 Eastern Municipal Water Water/Sewage PR10 115.60 Dist - -------------------------------------------------------------------------------------------------------------- 16245 Ernest Deutsch Refund on gift 30.00 certificates - -------------------------------------------------------------------------------------------------------------- 16246 Federal Express Postage & Freight 306.64 - -------------------------------------------------------------------------------------------------------------- 16247 First Sierra Financial Equipment Rental 1,111.72 - -------------------------------------------------------------------------------------------------------------- 16248 Gary's Tux Shop Uniforms 105.45 - -------------------------------------------------------------------------------------------------------------- 16249 Grainger Repairs and Maintenance 197.17 - -------------------------------------------------------------------------------------------------------------- 16250 Janitorial Maintenance Janitorial Maintenance 18,155.00 - -------------------------------------------------------------------------------------------------------------- 16251 JLA Credit Equipment Rental 974.11 - -------------------------------------------------------------------------------------------------------------- 16252 LaSalle Lighting Services Operating Supplies 632.20 - -------------------------------------------------------------------------------------------------------------- 16253 L A Times Corp Newspaper 18.00 - -------------------------------------------------------------------------------------------------------------- 16254 Mail boxes Etc. Postage & Freight 15.31 - -------------------------------------------------------------------------------------------------------------- 16255 Manulife Financial 401k 1,388.51 - -------------------------------------------------------------------------------------------------------------- 16256 Max Reynolds Inc Repairs and Maintenance 3,930.00 - -------------------------------------------------------------------------------------------------------------- 16257 McCormack Auction Co Transportation & Storage 1,200.00 UV10 - -------------------------------------------------------------------------------------------------------------- 16258 McDonald & Assoc. Accrued Advertising 244.00 - -------------------------------------------------------------------------------------------------------------- 16259 Merrill Corp Public Relations 1,177.00 - -------------------------------------------------------------------------------------------------------------- 16260 MGM Films Accrued Advertising 470.25 - -------------------------------------------------------------------------------------------------------------- 16261 Mike Prouty Refund on gift 13.00 certificates - -------------------------------------------------------------------------------------------------------------- 16262 Movie Ad Corp Accrued Advertising 106.65 - -------------------------------------------------------------------------------------------------------------- 16263 Newcourt Leasing Corp Computer Lease 1,014.44 - -------------------------------------------------------------------------------------------------------------- 16264 Nichols Sales Repairs and Maintenance 379.00 - -------------------------------------------------------------------------------------------------------------- 16265 Optimal Integrated Computer Supplies & 50.00 Solutions Maintenance - -------------------------------------------------------------------------------------------------------------- 16266 Paramount Pictures Accrued Advertising 855.00 - -------------------------------------------------------------------------------------------------------------- 16267 Pitney Bowes Equipment Rental 107.50 - -------------------------------------------------------------------------------------------------------------- 16268 Proctor Companies Repairs and 53.95 - -------------------------------------------------------------------------------------------------------------- Page 4 of 17 - -------------------------------------------------------------------------------------------------------------- Maintenance - -------------------------------------------------------------------------------------------------------------- 16269 PRO-TEC Lock & Safe Repairs and Maintenance 344.39 - -------------------------------------------------------------------------------------------------------------- 16270 Prudential Insurance 9,928.84 - -------------------------------------------------------------------------------------------------------------- 16271 Prudential Insurance 329.50 - -------------------------------------------------------------------------------------------------------------- 16272 Reel Source Outside Services 175.00 - -------------------------------------------------------------------------------------------------------------- 16273 Rotor Rooter Repairs and Maintenance 203.75 - -------------------------------------------------------------------------------------------------------------- 16274 San Bernardino County Sun Accrued Advertising 5,249.18 - -------------------------------------------------------------------------------------------------------------- 16275 SDG&E Utilities 14,243.63 - -------------------------------------------------------------------------------------------------------------- 16276 Security Link Ameritech Security Service 30.48 - -------------------------------------------------------------------------------------------------------------- 16277 Sky Courier Film Transportation 36.40 - -------------------------------------------------------------------------------------------------------------- 16278 Solomon Friedman Accrued Advertising 352.76 - -------------------------------------------------------------------------------------------------------------- 16279 Source One Operating Supplies 7,530.10 - -------------------------------------------------------------------------------------------------------------- 16280 Southern California Utilities 33,215.00 Edison - -------------------------------------------------------------------------------------------------------------- 16281 Staples Office Supplies 428.52 - -------------------------------------------------------------------------------------------------------------- 16282 State Board of Licenses and Fees 367.00 Equalization - -------------------------------------------------------------------------------------------------------------- 16283 Terminix International Pest Control 57.48 - -------------------------------------------------------------------------------------------------------------- 16284 Texaco Corp Gas Card 292.22 - -------------------------------------------------------------------------------------------------------------- 16285 Topal Theater Services Consulting Fees 300.00 - -------------------------------------------------------------------------------------------------------------- 16286 Union Tribune Corp Newspaper 79.81 - -------------------------------------------------------------------------------------------------------------- 16287 Union Bank of California Clays Car 645.30 - -------------------------------------------------------------------------------------------------------------- 16288 United Parcel Service Postage & Freight 6.28 - -------------------------------------------------------------------------------------------------------------- 16289 Universal Pictures Accrued Advertising 545.60 - -------------------------------------------------------------------------------------------------------------- 16290 Roy Van Asch Janitorial Janitorial Maintenance 1,875.80 - -------------------------------------------------------------------------------------------------------------- 16291 Verizon Wireless Telephone 1,106.50 - -------------------------------------------------------------------------------------------------------------- 16292 Verizon California Telephone 218.58 - -------------------------------------------------------------------------------------------------------------- 16293 Western Municipal Water MG18 Water 246.60 Dist - -------------------------------------------------------------------------------------------------------------- 16294 Sony Pictures Classics Accrued Advertising 455.00 - -------------------------------------------------------------------------------------------------------------- 16295 Airgas Concessions 50.15 - -------------------------------------------------------------------------------------------------------------- 16296 Heritage Foods Concessions 1,125.90 - -------------------------------------------------------------------------------------------------------------- 16297 Blytheco Computer Maintenance 1,115.63 - -------------------------------------------------------------------------------------------------------------- 16298 void - - -------------------------------------------------------------------------------------------------------------- 16299 Janet Bailor Tuition Reimbursement 500.00 - -------------------------------------------------------------------------------------------------------------- 16300 Dan Cahill Reimbursements 89.50 - -------------------------------------------------------------------------------------------------------------- 16301 CinemaStar Luxury Petty cash 643.56 Theaters - -------------------------------------------------------------------------------------------------------------- 16302 Department Of Motor Licenses and Fees 46.00 Vehicles - -------------------------------------------------------------------------------------------------------------- 16303 Kombiz Lavasany Reimbursements 486.01 - -------------------------------------------------------------------------------------------------------------- 16304 Murphy's Printing Printing 677.25 - -------------------------------------------------------------------------------------------------------------- 16305 North County Transit Corp Travel 100.00 District - -------------------------------------------------------------------------------------------------------------- 16306 Pacific Bell Telephone 150.00 - -------------------------------------------------------------------------------------------------------------- 16307 Patricia Bacame Refund on gift 74.00 certificates - -------------------------------------------------------------------------------------------------------------- Page 5 of 17 - -------------------------------------------------------------------------------------------------------------- 16308 Kim Zolna Reimbursements 220.25 - -------------------------------------------------------------------------------------------------------------- 16309 void - - -------------------------------------------------------------------------------------------------------------- 16310 MGM Films Film Rental 231.83 - -------------------------------------------------------------------------------------------------------------- 16311 Allen Elrod Reimbursements 256.66 - -------------------------------------------------------------------------------------------------------------- 16312 Jack S. Huff Refund on gift 36.00 certificates - -------------------------------------------------------------------------------------------------------------- 16313 Redevelopment Agency SB20 Rent 111,200.00 - -------------------------------------------------------------------------------------------------------------- 16314 United Parcel Service Postage & Freight 16.45 - -------------------------------------------------------------------------------------------------------------- 16315 US Toys Operating Supplies 457.93 - -------------------------------------------------------------------------------------------------------------- 16316 Waxie Sanitary Supply Janitorial Supplies 1,603.79 - -------------------------------------------------------------------------------------------------------------- 16317 MGM Films Film Rental 87,291.05 - -------------------------------------------------------------------------------------------------------------- TOTAL 764,750.62 - -------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------- WIRE TRANSFERS - -------------------------------------------------------------------------------------------------------------- 1-Feb 42 Pepsi Concession inventory 2,668.83 - -------------------------------------------------------------------------------------------------------------- 43 January expense - - -------------------------------------------------------------------------------------------------------------- 44 Metropolitan Prov. Concession inventory 7,920.41 - -------------------------------------------------------------------------------------------------------------- 45 Universal Film 4,941.03 - -------------------------------------------------------------------------------------------------------------- 46 Newline Film 12,234.08 - -------------------------------------------------------------------------------------------------------------- 47 Warner Film 7,423.29 - -------------------------------------------------------------------------------------------------------------- 48 Gramercy Film 20,023.35 - -------------------------------------------------------------------------------------------------------------- 49 Paramount Film 54,585.96 - -------------------------------------------------------------------------------------------------------------- 50 Miramax Film 1,715.34 - -------------------------------------------------------------------------------------------------------------- 51 20th Century Film 17,227.21 - -------------------------------------------------------------------------------------------------------------- 52 Buena Vista Film 41,499.56 - -------------------------------------------------------------------------------------------------------------- 53 20th Century Fox Film 8,910.76 - -------------------------------------------------------------------------------------------------------------- 54 Warner Bros. Film 13,827.77 - -------------------------------------------------------------------------------------------------------------- 55 Universal Film 2,350.60 - -------------------------------------------------------------------------------------------------------------- 56 Gramercy Film 11,999.38 - -------------------------------------------------------------------------------------------------------------- 57 Newline Film 3,770.42 - -------------------------------------------------------------------------------------------------------------- 58 Paramount Pictures Film 28,331.74 - -------------------------------------------------------------------------------------------------------------- 59 Miramax Film 9,443.68 - -------------------------------------------------------------------------------------------------------------- 8-Feb 60 Buena Vista Film 16,265.26 - -------------------------------------------------------------------------------------------------------------- 61 20th Century Fox Film 4,366.05 - -------------------------------------------------------------------------------------------------------------- 62 Buena Vista Film 5,352.57 - -------------------------------------------------------------------------------------------------------------- 63 void - - -------------------------------------------------------------------------------------------------------------- 64 Miramax Film 4,384.55 - -------------------------------------------------------------------------------------------------------------- 65 Newline Film 12,903.68 - -------------------------------------------------------------------------------------------------------------- 66 Paramount Film 13,332.73 - -------------------------------------------------------------------------------------------------------------- 67 Universal Film 1,728.12 - -------------------------------------------------------------------------------------------------------------- 15-Feb 68 Gramercy Film 6,364.81 - -------------------------------------------------------------------------------------------------------------- 69 Warner Film 356.14 - -------------------------------------------------------------------------------------------------------------- 70 20th Century Film 3,178.81 - -------------------------------------------------------------------------------------------------------------- 71 Buena Vista Film 6,568.25 - -------------------------------------------------------------------------------------------------------------- 72 Newline/Fineline Film 451.48 - -------------------------------------------------------------------------------------------------------------- 73 Miramax Film 258.18 - -------------------------------------------------------------------------------------------------------------- 74 Newline/Fineline Film 4,881.80 - -------------------------------------------------------------------------------------------------------------- 75 Paramount Film 9,425.32 - -------------------------------------------------------------------------------------------------------------- 76 Universal Film 2,306.87 - -------------------------------------------------------------------------------------------------------------- 77 USA/Gramercy Film 6,044.39 - -------------------------------------------------------------------------------------------------------------- 22-Feb 78 Warner Film 7,512.27 - -------------------------------------------------------------------------------------------------------------- Page 6 of 17 - -------------------------------------------------------------------------------------------------------------- 79 20th Century Film 3,424.73 - -------------------------------------------------------------------------------------------------------------- 80 Buena Vista Film 455.24 - -------------------------------------------------------------------------------------------------------------- 81 Miramax Film 1,742.88 - -------------------------------------------------------------------------------------------------------------- 82 Newline Film 4,408.06 - -------------------------------------------------------------------------------------------------------------- 83 Paramount Film 6,476.88 - -------------------------------------------------------------------------------------------------------------- 84 Universal Film 2,840.26 - -------------------------------------------------------------------------------------------------------------- 85 USA/Gramercy Film 1,559.50 - -------------------------------------------------------------------------------------------------------------- 28-Feb 86 Warner Film 8,511.90 - -------------------------------------------------------------------------------------------------------------- 87 Pepsi Concession inventory 2,526.05 - -------------------------------------------------------------------------------------------------------------- 88 Pepsi Concession inventory 3,823.77 - -------------------------------------------------------------------------------------------------------------- 22-Feb 89 Pepsi Concession inventory 4,078.94 - -------------------------------------------------------------------------------------------------------------- 90 March expense - - -------------------------------------------------------------------------------------------------------------- 91 Metropolitan Concession inventory 5,930.36 - -------------------------------------------------------------------------------------------------------------- 92 January expense - - -------------------------------------------------------------------------------------------------------------- 93 Metro Concession inventory 6,553.43 - -------------------------------------------------------------------------------------------------------------- 15-Feb 106 Metro Concession inventory 7217.91 - -------------------------------------------------------------------------------------------------------------- 16-Feb UBOC [interest and principle 57,472.22 pmt for Jan] - --------------------------------------------------------------------------------------------------------------- 27-Feb UBOC [interest and principle 53,477.64 pmt for Jan] - -------------------------------------------------------------------------------------------------------------- TOTAL 525,054.46 - --------------------------------------------------------------------------------------------------------------- MISC. DISBURSEMENTS - -------------------------------------------------------------------------------------------------------------- 22-Feb Sales Tax (Jan.) 12,214.29 - -------------------------------------------------------------------------------------------------------------- Direct Postage Purchase 10.00 - -------------------------------------------------------------------------------------------------------------- Earthlink Chgs 79.80 - -------------------------------------------------------------------------------------------------------------- Bank Charges 386.83 - -------------------------------------------------------------------------------------------------------------- TOTAL 12,690.92 - -------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------- TRANSFERS TO PAYROLL ACCOUNT - -------------------------------------------------------------------------------------------------------------- 13-Feb UBOC Acct. # 07007494365 Feb. 16 payroll run 26,000.00 - -------------------------------------------------------------------------------------------------------------- 21-Feb UBOC Acct. # 07007494365 100,000.00 - -------------------------------------------------------------------------------------------------------------- TOTAL 126,000.00 - -------------------------------------------------------------------------------------------------------------- - -------------------------------------------------------------------------------------------------------------------------------- TOTAL ACCOUNTS PAYABLE DISBURSEMENTS 1,428,496.00 ================================================================================================================================
Page 7 of 17 I. CASH RECEIPTS AND DISBURSEMENTS (Continued) B. (PAYROLL ACCOUNT) - --------------------------------------------------------------------------------------- --------------------- 1. TOTAL RECEIPTS PER ALL PRIOR PAYROLL ACCOUNT REPORTS 274,535.93 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 2. LESS: TOTAL DISBURSEMENTS PER ALL PRIOR PAYROLL ACCOUNT REPORTS 139,834.08 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 3. BEGINNING BALANCE 134,701.85 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 4. RECEIPTS DURING CURRENT PERIOD 126,000.00 - --------------------------------------------------------------------------------------- --------------------- TRANSFERRED FROM GENERAL ACCOUNT - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 5. BALANCE: 260,701.85 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 6. LESS: TOTAL DISBURSEMENTS DURING CURRENT PERIOD 218,959.74 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 7. ENDING BALANCE 41,742.11 - --------------------------------------------------------------------------------------- ---------------------
- ------------------------------------------------------- ----------------------------------------------------- 8. PAYROLL ACCOUNT NUMBER 07007494365 - ------------------------------------------------------- ----------------------------------------------------- DEPOSITORY NAME AND LOCATION Union Bank of California - ------------------------------------------------------------------------------------------------------------- 445 South Figueroa St., Los Angeles, CA 90051 - -------------------------------------------------------------------------------------------------------------
Page 8 of 17 TOTAL DISBURSEMENTS DURING CURRENT PERIOD (Payroll Account) - ------------------------------------------------------------------------------------------------------------------------- February 2, 2001 Payroll Run - Summary of Expense - ------------------------------------------------------------------------------------------------------------------------- - ------------------------------------------------------------------------------------------------------------------------- Wages Earned - Normal Recurring 78,201.35 - ------------------------------------------------------------------------------------------------------------------------- Wages Earned - Adjustments & Voids 6,619.39 - ------------------------------------------------------------------------------------------------------------------------- Wage Garnishments - - ------------------------------------------------------------------------------------------------------------------------- Federal Income Taxes 10,125.70 - ------------------------------------------------------------------------------------------------------------------------- Social Security 13,279.00 - ------------------------------------------------------------------------------------------------------------------------- Medicare 3,105.59 - ------------------------------------------------------------------------------------------------------------------------- State Unemployment Taxes - Employer 765.48 - ------------------------------------------------------------------------------------------------------------------------- Federal Unemployment Taxes 1,935.08 - ------------------------------------------------------------------------------------------------------------------------- State Unemployment Taxes - Employee 2,966.23 - ------------------------------------------------------------------------------------------------------------------------- State Income Taxes 963.80 - ------------------------------------------------------------------------------------------------------------------------- Total 117,961.64 - ------------------------------------------------------------------------------------------------------------------------- ADP charges 306.93 - ------------------------------------------------------------------------------------------------------------------------- TOTAL 118,268.57 - ------------------------------------------------------------------------------------------------------------------------- - ------------------------------------------------------------------------------------------------------------------------- February 2, 2001 Payroll Run - Summary of Disbursements - ------------------------------------------------------------------------------------------------------------------------- - ------------------------------------------------------------------------------------------------------------------------- ADP Checks Issued 111,342.25 - ------------------------------------------------------------------------------------------------------------------------- Manual Checks Issued 6,619.36 - ------------------------------------------------------------------------------------------------------------------------- TOTAL 117,961.64 ========================================================================================================================= - ------------------------------------------------------------------------------------------------------------------------- February 16, 2001 Payroll Run - Summary of Expense - ------------------------------------------------------------------------------------------------------------------------- - ------------------------------------------------------------------------------------------------------------------------- Wages Earned - Normal Recurring 61,933.82 - ------------------------------------------------------------------------------------------------------------------------- Wages Earned - Adjustments & Voids 7,951.95 - ------------------------------------------------------------------------------------------------------------------------- Wage Garnishments - ------------------------------------------------------------------------------------------------------------------------- Federal Income Taxes 8,786.48 - ------------------------------------------------------------------------------------------------------------------------- Social Security 11,009.52 - ------------------------------------------------------------------------------------------------------------------------- Medicare 2,574.77 - ------------------------------------------------------------------------------------------------------------------------- State Unemployment Taxes - Employer 2,090.61 - ------------------------------------------------------------------------------------------------------------------------- Federal Unemployment Taxes 539.51 - ------------------------------------------------------------------------------------------------------------------------- State Unemployment Taxes - Employee 799.07 - ------------------------------------------------------------------------------------------------------------------------- State Income Taxes 1,743.95 - ------------------------------------------------------------------------------------------------------------------------- Total 97,429.68 - ------------------------------------------------------------------------------------------------------------------------- ADP charges 2,696.22 - ------------------------------------------------------------------------------------------------------------------------- ADP charges 565.27 - ------------------------------------------------------------------------------------------------------------------------- TOTAL 100,691.17 - ------------------------------------------------------------------------------------------------------------------------- - ------------------------------------------------------------------------------------------------------------------------- February 16, 2001 Payroll Run - Summary of Disbursements - ------------------------------------------------------------------------------------------------------------------------- - ------------------------------------------------------------------------------------------------------------------------- ADP Checks Issued 89,477.73 - ------------------------------------------------------------------------------------------------------------------------- Manual Checks Issued 7,951.95 - ------------------------------------------------------------------------------------------------------------------------- TOTAL 97,429.68 ========================================================================================================================= - ------------------------------------------------------------------------------------------------------------------------- TOTAL PAYROLL ACCOUNT DISBURSEMENTS 218,959.74 =========================================================================================================================
Page 9 of 17 I. CASH RECEIPTS AND DISBURSEMENTS (Continued) B. (TAX ACCOUNT) - --------------------------------------------------------------------------------------- --------------------- 1. TOTAL RECEIPTS PER ALL PRIOR TAX ACCOUNT REPORTS 25,000.00 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 2. LESS: TOTAL DISBURSEMENTS PER ALL PRIOR TAX ACCOUNT REPORTS 0.00 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 3. BEGINNING BALANCE 25,000.00 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 4. RECEIPTS DURING CURRENT PERIOD - --------------------------------------------------------------------------------------- --------------------- TRANSFERRED FROM GENERAL ACCOUNT 0.00 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 5. BALANCE: 25,000.00 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 6. LESS: TOTAL DISBURSEMENTS DURING CURRENT PERIOD - --------------------------------------------------------------------------------------- --------------------- Date: 2/23/01, Ref.# 50617323, To: CA State Board of Equalization 12,214.29 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- TOTAL DISBURSEMENTS THIS PERIOD 12,214.29 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 7. ENDING BALANCE 12,785.71 - --------------------------------------------------------------------------------------- ---------------------
- ------------------------------------------------------- ----------------------------------------------------- 8. TAX ACCOUNT NUMBER 02180038712 - ------------------------------------------------------- ----------------------------------------------------- DEPOSITORY NAME AND LOCATION Union Bank of California - ------------------------------------------------------------------------------------------------------------- 445 South Figueroa St., Los Angeles, CA 90051 - ------------------------------------------------------------------------------------------------------------- - -------------------------------------------------------------------------------------------------------------------
D. SUMMARY SCHEDULE OF CASH - --------------------------------------------------------------------------------------- --------------------- ENDING BALANCE FOR PERIOD - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- GENERAL ACCOUNT 255,388.36 - --------------------------------------------------------------------------------------- --------------------- PAYROLL ACCOUNT 41,742.11 - --------------------------------------------------------------------------------------- --------------------- TAX ACCOUNT 12,785.71 - --------------------------------------------------------------------------------------- --------------------- OTHER ACCOUNTS *: 2,016,467.35 - --------------------------------------------------------------------------------------- --------------------- OTHER MONIES *: 0.00 - --------------------------------------------------------------------------------------- --------------------- PETTY CASH ** 0.00 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- TOTAL CASH AVAILABLE 2,326,383.53 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- ---------------------
* SPECIFY THE FUND AND THE TYPE OF HOLDING (I.E., CD, SAVINGS ACCOUNT, INVESTMENT SECURITIES, ETC.) AND THE DEPOSITORY NAME, LOCATION, AND ACCOUNT NUMBER ** ATTACH EXHIBIT ITEMIZING ALL PETTY CASH TRANSACTIONS NOTE: ATTACH COPIES OF ALL MONTHLY ACCOUNTS FROM FINANCIAL INSTITUTIONS FOR EACH ACCOUNT Page 10 of 17 OTHER ACCOUNTS (SUPPLEMENT TO SCHEDULE I.D.)
- ---------------------------------------------------------------- --------------------- ---------------------- BANK / ACCOUNT TYPE Account # Balance - ---------------------------------------------------------------- --------------------- ---------------------- - ---------------------------------------------------------------- --------------------- ---------------------- BANK OF AMERICA - ---------------------------------------------------------------- --------------------- ---------------------- Master Concentration 14501-09188 970,239.84 - ---------------------------------------------------------------- --------------------- ---------------------- Merchant 14501-09189 150,898.25 - ---------------------------------------------------------------- --------------------- ---------------------- Moviefone 14502-09192 260.25 - ---------------------------------------------------------------- --------------------- ---------------------- - ---------------------------------------------------------------- --------------------- ---------------------- UNION BANK OF CALIFORNIA - ---------------------------------------------------------------- --------------------- ---------------------- Master Concentration 0700494-349 893,086.33 - ---------------------------------------------------------------- --------------------- ---------------------- FOB Cinemastar Luxury Cinemas, Inc. 0700494-373 1,985.68 - ---------------------------------------------------------------- --------------------- ---------------------- Merchant 0700494-357 0.00 - ---------------------------------------------------------------- --------------------- ---------------------- Moviefone 0700494-146 0.00 - ---------------------------------------------------------------- --------------------- ---------------------- - ---------------------------------------------------------------- --------------------- ---------------------- Total 2,016,467.35 ================================================================ ===================== ====================== - ---------------------------------------------------------------- --------------------- ----------------------
Page 11 of 17 II. STATUS OF PAYMENTS TO SECURED CREDITORS, LESSORS, AND OTHER PARTIES TO EXECUTORY CONTRACTS
- --------------------------------------------------------------------------------------------------------------------- CREDITOR, LESSOR, ETC. FREQUENCY OF PAYMENTS AMOUNT OF PAYMENT POST-PETITION TOTAL DUE (Mo./Qtr.) PAYMENTS NOT MADE (NUMBER) - --------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------- Oceanside Mission Market Monthly $57,678.10 0 $0.00 Place (Lessor MM 13 Theater) - --------------------------------------------------------------------------------------------------------------------- Coudres Family Ptrship Monthly $35,740.55 0 $0.00 (Lessor PR 10 Theater) - --------------------------------------------------------------------------------------------------------------------- MDA - San Bernardino Monthly $96,851.61 0 $0.00 (Lessor SB20 Thtr) - --------------------------------------------------------------------------------------------------------------------- Mission Grove Theater Monthly $89,050.40 0 $0.00 Properties I&II (Lessor MG 18 Theater) - --------------------------------------------------------------------------------------------------------------------- United Title Company Monthly $4,983.40 0 $0.00 (Lessor - Corp Offices) - --------------------------------------------------------------------------------------------------------------------- Union Bank of California Monthly $57,472.22 0 $0.00 ($2,000,000 loan, principal and interest) - --------------------------------------------------------------------------------------------------------------------- Midland Loan Services Monthly $17,646.36 2 $17,646.36 (Mortgage Note on Chula Vista Property) - --------------------------------------------------------------------------------------------------------------------- Union Bank of California Monthly $646.80 0 $0.00 (Auto Lease) - ---------------------------------------------------------------------------------------------------------------------
III. TAX LIABILITIES - ------------------------------------------------------------------------------------ ------------------------ FOR THE REPORTING PERIOD: - ------------------------------------------------------------------------------------ ------------------------ GROSS SALES SUBJECT TO SALES TAX 153,668.68 - ------------------------------------------------------------------------------------ ------------------------ TOTAL WAGES PAID 189,029.76 - ------------------------------------------------------------------------------------ ------------------------
- --------------------------------------- ----------------------- ---------------------- ---------------------- TOTAL POST-PETITION AMOUNT DELINQUENT DATE DELINQUENT AMOUNTS OWING AMOUNT DUE - --------------------------------------- ----------------------- ---------------------- ---------------------- - --------------------------------------- ----------------------- ---------------------- ---------------------- FEDERAL WITHHOLDING - --------------------------------------- ----------------------- ---------------------- ---------------------- STATE WITHHOLDING - --------------------------------------- ----------------------- ---------------------- ---------------------- FICA-EMPLOYER'S SHARE - --------------------------------------- ----------------------- ---------------------- ---------------------- FICA - EMPLOYEE'S SHARE - --------------------------------------- ----------------------- ---------------------- ---------------------- FEDERAL UNEMPLOYMENT - --------------------------------------- ----------------------- ---------------------- ---------------------- STATE WITHHOLDING - --------------------------------------- ----------------------- ---------------------- ---------------------- SALES AND USE 11,909.35 0.00 - --------------------------------------- ----------------------- ---------------------- ---------------------- REAL PROPERTY 164,718.89 0.00 - --------------------------------------- ----------------------- ---------------------- ---------------------- OTHER (SPECIFY) - --------------------------------------- ----------------------- ---------------------- ---------------------- - --------------------------------------- ----------------------- ---------------------- ---------------------- TOTAL 176,628.24 0.00 - --------------------------------------- ----------------------- ---------------------- ----------------------
Page 12 of 17 IV. AGING OF ACCOUNTS PAYABLE AND ACCOUNTS RECEIVABLE
- ---------------------------- ------------------------------- ------------------------------------------------ ACCOUNTS RECEIVABLE ACCOUNTS PAYABLE * ------------------------ ----------------------- (POST-PETITION ONLY) Pre-Petition Post-Petition - ---------------------------- ------------------------------- ------------------------ ----------------------- 30 days or less 411,631.11 - ---------------------------- ------------------------------- ------------------------ ----------------------- 31-60 days - ---------------------------- ------------------------------- ------------------------ ----------------------- 61-90 days - ---------------------------- ------------------------------- ------------------------ ----------------------- 91-120 days - ---------------------------- ------------------------------- ------------------------ ----------------------- Over 120 days ============================ =============================== ======================== ======================= TOTALS: 411,631.11 - ---------------------------- ------------------------------- ------------------------ -----------------------
V. INSURANCE COVERAGE
- ----------------------- --------------------- -------------------- --------------------- -------------------- NAME OF CARRIER AMOUNT OF COVERAGE POLICY EXPIRATION PREMIUM PAID DATE THROUGH: - ----------------------- --------------------- -------------------- --------------------- -------------------- General Liability Royal Insurance of $2,000,000 10/14/01 3/14/01 America - ----------------------- --------------------- -------------------- --------------------- -------------------- Umbrella Liability St. Paul's $10,000,000 10/14/01 3/14/01 Insurance Company - ----------------------- --------------------- -------------------- --------------------- -------------------- Automobile Liability Royal Insurance of $1,000,000 10/14/01 3/14/01 America - ----------------------- --------------------- -------------------- --------------------- -------------------- Directors & Officers National Union Fire $5,000,000 6/20/01 3/14/01 Liability Insurance Company - ----------------------- --------------------- -------------------- --------------------- -------------------- Workers Compensation State (of CA) Variable n/a 3/14/01 Compensation Insurance Fund - ----------------------- --------------------- -------------------- --------------------- -------------------- Property Royal Insurance of $35,212,960 10/14/01 3/14/01 America - ----------------------- --------------------- -------------------- --------------------- -------------------- Vacant Property Royal Indemnity $1,500,000 12/14/01 3/14/01 Company - ----------------------- --------------------- -------------------- --------------------- -------------------- Foreign Package ACE USA $1,000,000 10/15/01 3/14/01 - ----------------------- --------------------- -------------------- --------------------- --------------------
VI. UNITED STATES TRUSTEE QUARTERLY FEES (TOTAL PAYMENTS)
- ------------------- ------------------- --------------- ----------------- ----------------- ----------------- Qtrly Period Total Qtrly Fees Date Paid Amount Paid Qtrly Fee Still Ending Disbursements Owing - ------------------- ------------------- --------------- ----------------- ----------------- ----------------- - ------------------- ------------------- --------------- ----------------- ----------------- ----------------- - ------------------- ------------------- --------------- ----------------- ----------------- ----------------- - ------------------- ------------------- --------------- ----------------- ----------------- -----------------
* POST-PETITION ACCOUNTS PAYABLE SHOULD NOT INCLUDE PROFESSIONALS' FEES AND EXPENSES WHICH HAVE BEEN INCURRED BUT NOT YET AWARDED BY THE COURT. POST-PETITION ACCOUNTS PAYABLE SHOULD INCLUDE PROFESSIONALS' FEES AND EXPENSES AUTHORIZED BY COURT ORDER BUT WHICH REMAIN UNPAID AS OF THE CLOSE OF THE PERIOD OF THE REPORT. Page 13 of 17 VII. PROFIT AND LOSS STATEMENT (ACCRUAL BASIS ONLY) Cumulative Current Month Post-Petition ------------- ------------- Admission Revenue 852,093 1,935,562 Concession Revenue 332,330 733,207 Video Revenue 17,590 36,889 Screen Advertising 7,375 14,751 Other Revenues 4,501 4,598 - ---------------------------------------------------------------------------- Theater Revenue 1,213,890 2,725,006 Film Rental Expense 402,727 1,031,325 Concession COGS 44,796 108,227 - ---------------------------------------------------------------------------- Theater Cost of Goods Sold 447,523 1,139,552 - ---------------------------------------------------------------------------- Theater Gross Margin 766,368 1,585,455 - ---------------------------------------------------------------------------- Salaries 104,655 259,290 Payroll Taxes 12,247 30,363 Rent Expense 321,888 671,152 CAM Expense 25,946 63,655 Utility Expense 40,439 108,137 Advertising Expense 17,461 37,932 Co-op Advertising Expense 5,819 10,261 Repairs & Maint Expense 10,409 24,218 Janitorial Services 25,825 45,814 Janitorial Supplies Expense 7,254 14,674 Insurance Expense 26,180 37,760 Property Taxes 95,299 291,020 Security Expense 4,360 11,111 Travel & Entertainment 264 711 Vehicle Expense 0 0 Supplies Expense 4,089 13,634 Banking Fees 1,419 22,459 Equipment Rental Expense 1,290 2,669 Outside Services Expense 0 1,500 Other Theater Expense 1,153 15,480 Pre-Opening Expense 0 0 - ---------------------------------------------------------------------------- Theater Operating Expenses 705,995 1,661,842 - ---------------------------------------------------------------------------- Operating Income 60,373 (76,387) - ---------------------------------------------------------------------------- General & Administrative Expenses 59,048 171,695 Deprec & Amortization 209,875 455,042 Interest Expense 59,311 122,076 Interest/Dividend Income 2 12,708 Taxes 482 961 Non-Recurring Income/Expense 0 (90,000) - ---------------------------------------------------------------------------- Non-Operating (Income)/Expense 328,718 672,482 - ---------------------------------------------------------------------------- Net Income (268,345) (748,870) ============================================================================
Page 14 of 17 VIII. BALANCE SHEET (ACCRUAL BASIS ONLY)
Current Month End ----------------- Cash 2,418,346 Accts Receivable (19,208) Conc Inventory 13,487 Concession Rebates 10,445 Supplies Inventory 9,777 Prepaids 465,629 - ----------------------------------------------------------------------------- Current Assets 2,898,478 Fixed Assets 24,347,030 Accumulated Depreciation (12,930,220) - ----------------------------------------------------------------------------- Net Fixed Assets 11,416,810 Deposits-Leases 43,789 Deposits-Concession 940 Deposits 200 Loan Orig Fee (20,690) Investment CLT SA de CV 22,875 Investment in Mexico 339,643 Goodwill - Mexico (128,003) - ----------------------------------------------------------------------------- Other Assets 258,755 - ----------------------------------------------------------------------------- Assets 14,574,042 ============================================================================= Accounts Payable 2,970,914 Accrued Payroll 266,628 Other Accruals 649,739 Deferred Revenue 475,072 Concession Advances 49,971 Short Term Notes Payable 0 - ----------------------------------------------------------------------------- Current Liabilities 4,412,325 Deferred Rent Accrual 4,142,631 Capital Leases (10,301) Notes Payable 1,718,631 Credit Facility Debt 2,280,000 Intercompany Accounts 2,126,962 - ----------------------------------------------------------------------------- Long-Term Liabilities 10,257,923 Common Stock 62,892 Additional Paid In Capital 29,642,292 Treasury Stock 0 Retained Earnings (26,278,047) Current Year Retained Earnings (3,523,342) Current Year Dividends 0 - ----------------------------------------------------------------------------- Shareholders' Equity (96,206) - ----------------------------------------------------------------------------- Liabilities & Equity 14,574,042 =============================================================================
Page 15 of 17 STATEMENT OF CASH FLOWS (Supplement to Balance Sheet)
Current Month ------------- CASH FLOW FROM OPERATIONS Net Income / (Loss) (268,345) Depreciation & Amortization 209,875 Non-Cash Interest Expense 0 Deferred Rent 74,758 Changes in Operating Assets & Liabilities: Change in Current Assets 105,081 Change in Other Assets 12,694 Change in Accounts Payable (157,050) Change in Other Liabilities (69,576) - ----------------------------------------------------------------------------- Net Cash Provided By / (Used In) Operations (92,563) CASH FLOW FROM INVESTING ACTIVITIES Purchase of Property (1,029) Sale of Property 0 - ----------------------------------------------------------------------------- Net Cash Provided By / (Used In) Investing Activities (1,029) CASH FLOW FROM FINANCING ACTIVITIES Payment of Debt & Capital Lease Obligations (70,000) Proceeds from Debt Issuance / Drawdown 0 Proceeds from Issuance of Common Stock 0 - ----------------------------------------------------------------------------- Net Cash Provided By / (Used In) Financing Activities (70,000) - ----------------------------------------------------------------------------- Net Increase / (Decrease) in Cash (163,592) - ----------------------------------------------------------------------------- Beginning of Period Cash Balance 2,581,938 - ----------------------------------------------------------------------------- - ----------------------------------------------------------------------------- End of Period Cash Balance 2,418,346 =============================================================================
Page 16 of 17 IX. QUESTIONNAIRE 1. Has the debtor-in-possession made any payments on its pre-petition unsecured debt, except as has been authorized by the court? No X Yes Explain: 2. Has the debtor-in-possession during this reporting period provided compensation or remuneration to any officers, directors, principals or other insiders without appropriate authorization? No X Yes Amount, to whom, and for what period: 3. State what progress was made during the reporting period toward filing a plan of reorganization: Debtor has signed lease amendments for two of its theater properties which will reduce rent expense at each location by 40% over the life of the lease. 4. Describe potential future events which may have a significant impact on the case. 5. Attach copies of all Orders granting relief from the automatic stay that were entered during the reporting period. 6. Did you receive any exempt income this month, which is not set forth in the operating report? No X Yes If yes, please set forth the amounts and the source of the income. I, DONALD H. HARNOIS, JR., CHIEF FINANCIAL OFFICER, declare under penalty of perjury that I have fully read and understood the foregoing debtor-in-possession operating report and that the information contained herein is true and complete to the best of my knowledge. Date: March 18, 2001 s/ Donald H. Harnois, Jr. ---------------------------------- Principal for debtor-in-possession EX-99.3 4 a2054189zex-99_3.txt EXHIBIT 99.3 EXHIBIT 99.3 Christopher Celentino, State Bar # 131688 Luce, Forward, Hamilton & Scripps, LLP 600 West Broadway, Suite 2600 San Diego, CA 92101 Attorney for Debtor-In-Possession UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF CALIFORNIA In Re: CinemaStar Luxury Theaters, Inc., Debtor(s) CASE NUMBER: 01-00110-JM11 CHAPTER 11 DEBTOR-IN-POSSESSION MONTHLY OPERATING REPORT FOR THE MONTH OF: MARCH 2001 TO: THE HONORABLE JUDGE MYERS UNITED STATES BANKRUPTCY JUDGE The Debtor-In-Possession hereby files its Monthly Operating Report pursuant to the United States Trustee's Operating and Reporting Requirements for Chapter 11 cases. DATED: April 18, 2001 s/ Christopher Celentino --------------------------------- Attorney for Debtor-In-Possession Page 1 of 17 - ------------------------------------------------------------------------------ UNITED STATES DEPARTMENT OF JUSTICE OFFICE OF THE UNITED STATES TRUSTEE SOUTHERN DISTRICT OF CALIFORNIA - ------------------------------------------------------------------------------ In Re: CinemaStar Luxury Theaters, Inc., Debtor(s) CHAPTER 11 (BUSINESS) CASE NO. 01-00110-JM11 OPERATING REPORT NO. 3 FOR THE MONTH ENDING: MARCH 31, 2001 I. CASH RECEIPTS AND DISBURSEMENTS A. (GENERAL ACCOUNT *) - --------------------------------------------------------------------------------------- --------------------- 1. TOTAL RECEIPTS PER ALL PRIOR GENERAL ACCOUNT REPORTS 2,304,073.40 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 2. LESS: TOTAL DISBURSEMENTS PER ALL PRIOR GENERAL ACCOUNT REPORTS 2,048,685.04 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 3. BEGINNING BALANCE 255,388.36 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 4. RECEIPTS DURING CURRENT PERIOD - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- ACCOUNTS RECEIVABLE - PRE-FILING 0.00 - --------------------------------------------------------------------------------------- --------------------- ACCOUNTS RECEIVABLE - POST-FILING 0.00 - --------------------------------------------------------------------------------------- --------------------- GENERAL SALES 997,259.94 - --------------------------------------------------------------------------------------- --------------------- OTHER (SPECIFY) Advanced ticket sales, Mexico mgmnt fees 119,454.19 - --------------------------------------------------------------------------------------- --------------------- OTHER ** (SPECIFY) 0.00 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- TOTAL RECEIPTS THIS PERIOD 1,116,714.13 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 5. BALANCE: 1,372,102.49 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 6. LESS: TOTAL DISBURSEMENTS DURING CURRENT PERIOD 1,659,889.78 - --------------------------------------------------------------------------------------- --------------------- (Total from Page 2) - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 7. ENDING BALANCE (287,787.29) - --------------------------------------------------------------------------------------- ---------------------
- ------------------------------------------------------- ----------------------------------------------------- 8. GENERAL ACCOUNT NUMBER 07007494381 - ------------------------------------------------------- ----------------------------------------------------- DEPOSITORY NAME AND LOCATION Union Bank of California - ------------------------------------------------------------------------------------------------------------- 445 South Figueroa St., Los Angeles, CA 90051 - -------------------------------------------------------------------------------------------------------------
* ALL RECEIPTS MUST BE DEPOSITED INTO THE GENERAL ACCOUNT ** INCLUDE THE RECEIPTS FROM THE SALE OF ANY REAL OR PERSONAL PROPERTY OUT OF THE ORDINARY COURSE OF BUSINESS; ATTACH AN EXHIBIT SPECIFYING WHAT WAS SOLD, TO WHOM, TERMS, AND DATE OF COURT ORDER OR REPORT OF SALE. Page 2 of 17 TOTAL DISBURSEMENTS DURING CURRENT PERIOD (General Account)
- --------------------------------------------------------------------------------------------------------------- DATE CHECK # PAYEE PURPOSE AMOUNT - --------------------------------------------------------------------------------------------------------------- CHECKS - --------------------------------------------------------------------------------------------------------------- 3/1/01 16318 Coudres Family Limited PR10 rent 41,035.45 - --------------------------------------------------------------------------------------------------------------- 3/1/01 16319 Mission Grove Theaters MG18 rent 64,443.41 - --------------------------------------------------------------------------------------------------------------- 3/1/01 16320 Oceanside Mission MM13 rent 73,880.84 Marketplace - --------------------------------------------------------------------------------------------------------------- 3/1/01 16321 Redevelopment Agency SB20 rent 82,000.00 - --------------------------------------------------------------------------------------------------------------- 3/1/01 16322 United Title Company Corp rent 4,983.30 - --------------------------------------------------------------------------------------------------------------- 3/1/01 16323 Target Corporate Events 236.42 - --------------------------------------------------------------------------------------------------------------- 3/2/01 16324 City Of San Bernardino Citation issued by Fire 241.02 Dept - --------------------------------------------------------------------------------------------------------------- 3/2/01 16325 Mission Grove Theaters II Rent 32,355.40 - --------------------------------------------------------------------------------------------------------------- 3/2/01 16326 Prentis Properties Balance due Corp Rent 10,972.78 - --------------------------------------------------------------------------------------------------------------- 3/5/01 16327 Julian Burke Replace window and 603.23 tinting - --------------------------------------------------------------------------------------------------------------- 3/9/01 16328 Accountants On Call Temporary Help 649.20 - --------------------------------------------------------------------------------------------------------------- 3/9/01 16329 Airborne Express Film Transportation 109.20 - --------------------------------------------------------------------------------------------------------------- 3/9/01 16330 AM/Comm Systems Inc Operating Supplies 31.75 - --------------------------------------------------------------------------------------------------------------- 3/9/01 16331 American Express Corp Credit Card 1,159.00 - --------------------------------------------------------------------------------------------------------------- 3/9/01 16332 AON Risk Services Insurance 514.00 - --------------------------------------------------------------------------------------------------------------- 3/9/01 16333 Armored Transport Cash transportation 905.69 - --------------------------------------------------------------------------------------------------------------- 3/9/01 16334 Brakewater Transport Film Transportation 905.00 - --------------------------------------------------------------------------------------------------------------- 3/9/01 16335 Chrysler Financial Corp lease car 310.16 - --------------------------------------------------------------------------------------------------------------- 3/9/01 16336 City Clerk Licenses and Permits 810.45 - --------------------------------------------------------------------------------------------------------------- 3/9/01 16337 City of Riverside Water Sewage MG18 123.88 - --------------------------------------------------------------------------------------------------------------- 3/9/01 16338 Clay Colbert Reimbursement 722.66 - --------------------------------------------------------------------------------------------------------------- 3/9/01 16339 CTS Net internet service Internet service corp. 374.76 - --------------------------------------------------------------------------------------------------------------- 3/9/01 16340 DC electronics 2 Inc Alarm Monitoring 215.00 - --------------------------------------------------------------------------------------------------------------- 3/9/01 16341 First Sierra financial MM13 trash compactor 647.67 - --------------------------------------------------------------------------------------------------------------- 3/9/01 16342 Globe ticket and label Co Ticket stock 2,855.45 - --------------------------------------------------------------------------------------------------------------- 3/9/01 16343 The Guardian Dental Insurance 2,081.79 - --------------------------------------------------------------------------------------------------------------- 3/9/01 16344 Inland Lighting Supplies Operating Supplies 1,693.13 Inc - --------------------------------------------------------------------------------------------------------------- 3/9/01 16345 Janitorial Maintenance Cleaning Services 16,376.00 - --------------------------------------------------------------------------------------------------------------- 3/9/01 16346 Java City Concession Supplies 465.43 - --------------------------------------------------------------------------------------------------------------- 3/9/01 16347 JLA Credit Corp Equipment lease 1,036.21 - --------------------------------------------------------------------------------------------------------------- 3/9/01 16348 La Mousse Concession Supplies 102.15 - --------------------------------------------------------------------------------------------------------------- 3/9/01 16349 Los Angeles Times Corp Paper 18.00 - --------------------------------------------------------------------------------------------------------------- 3/9/01 16350 Manulife Financial 401k 1,835.17 - --------------------------------------------------------------------------------------------------------------- 3/9/01 16351 National Screen Service Advertising 164.06 - --------------------------------------------------------------------------------------------------------------- 3/9/01 16352 Nextel Communication cell phones 195.78 - --------------------------------------------------------------------------------------------------------------- 3/9/01 16353 North County Times Advertising 3,479.74 - --------------------------------------------------------------------------------------------------------------- 3/9/01 16354 Otis Spunkmeyer Concession Supplies 212.50 - --------------------------------------------------------------------------------------------------------------- 3/9/01 16355 Void - - --------------------------------------------------------------------------------------------------------------- 3/9/01 16356 Void - - --------------------------------------------------------------------------------------------------------------- Page 3 of 17 - --------------------------------------------------------------------------------------------------------------- 3/9/01 16357 Prudential Insurance 11,130.92 - --------------------------------------------------------------------------------------------------------------- 3/9/01 16358 Pure Flo Water Corp water 17.85 - --------------------------------------------------------------------------------------------------------------- 3/9/01 16359 Redevelopment Agency SB20 rent 12,500.00 - --------------------------------------------------------------------------------------------------------------- 3/9/01 16360 RPI Furniture & Fixtures SB20 253.50 - --------------------------------------------------------------------------------------------------------------- 3/9/01 16361 SDG&E Utilities 15,599.54 - --------------------------------------------------------------------------------------------------------------- 3/9/01 16362 Sky Courier Film Transportation 35.00 - --------------------------------------------------------------------------------------------------------------- 3/9/01 16363 Southern California Utilities 26,188.20 Edison - --------------------------------------------------------------------------------------------------------------- 3/9/01 16364 Texaco Corp gas card 577.61 - --------------------------------------------------------------------------------------------------------------- 3/9/01 16365 Theatrical Distribution Advertising 26.18 Services - --------------------------------------------------------------------------------------------------------------- 3/9/01 16366 Void - - --------------------------------------------------------------------------------------------------------------- 3/9/01 16367 Verizon Wireless Pagers 192.65 - --------------------------------------------------------------------------------------------------------------- 3/9/01 16368 Verizon California phone service SB20 & pr10 593.75 - --------------------------------------------------------------------------------------------------------------- 3/9/01 16369 Waxie Sanitary Supply Janitorial Supplies 6,057.96 - --------------------------------------------------------------------------------------------------------------- 3/9/01 16370 Wholesale Commercial Dist Operating Supplies 335.05 - --------------------------------------------------------------------------------------------------------------- 3/9/01 16371 MGM Films Film Rental 31,388.20 - --------------------------------------------------------------------------------------------------------------- 3/9/01 16372 Sony Picture Classics Co Op Advertising 150.00 - --------------------------------------------------------------------------------------------------------------- 3/9/01 16373 Airgas Concession Supplies 62.75 - --------------------------------------------------------------------------------------------------------------- 3/9/01 16374 Heritage Foods Concession Supplies 416.09 - --------------------------------------------------------------------------------------------------------------- 3/12/01 16375 United Parcel Service mail service 16.45 - --------------------------------------------------------------------------------------------------------------- 3/12/01 16376 Pacific Bell phone service 1,325.06 - --------------------------------------------------------------------------------------------------------------- 3/14/01 16377 MGM Films Film Rental 13,021.60 - --------------------------------------------------------------------------------------------------------------- 3/16/01 16378 Dan Cahill Reimbursement 129.32 - --------------------------------------------------------------------------------------------------------------- 3/16/01 16379 Gloria Randolph reimburse of gift 23.00 certificates - --------------------------------------------------------------------------------------------------------------- 3/16/01 16380 Manulife Financial 401k 1,388.51 - --------------------------------------------------------------------------------------------------------------- 3/16/01 16381 Media Tech Source Projection Supplies 591.50 - --------------------------------------------------------------------------------------------------------------- 3/16/01 16382 Murphy's Printing Printing 107.50 - --------------------------------------------------------------------------------------------------------------- 3/16/01 16383 Pacific Bell phone service 150.00 - --------------------------------------------------------------------------------------------------------------- 3/16/01 16384 Peggy O'Neil reimburse of gift 37.00 certificates - --------------------------------------------------------------------------------------------------------------- 3/16/01 16385 Pure Flo Water Corp water 11.90 - --------------------------------------------------------------------------------------------------------------- 3/16/01 16386 Kim Zolna Reimbursement 732.48 - --------------------------------------------------------------------------------------------------------------- 3/22/01 16387 Airborne Express Film Transportation 582.40 - --------------------------------------------------------------------------------------------------------------- 3/22/01 16388 AON Risk Services Insurance 12,480.00 - --------------------------------------------------------------------------------------------------------------- 3/22/01 16389 Armored Transport Cash transportation 1,029.02 - --------------------------------------------------------------------------------------------------------------- 3/22/01 16390 Blytheco computer support 33.75 - --------------------------------------------------------------------------------------------------------------- 3/22/01 16391 City Clerk Licenses and Permits 225.00 - --------------------------------------------------------------------------------------------------------------- 3/22/01 16392 City Of Oceanside Water Sewage trash MM13 1,643.34 - --------------------------------------------------------------------------------------------------------------- 3/22/01 16393 City Of San Bernardino security service 1,616.16 - --------------------------------------------------------------------------------------------------------------- 3/22/01 16394 Void - - --------------------------------------------------------------------------------------------------------------- 3/22/01 16395 CR&R Inc refuse PR10 480.97 - --------------------------------------------------------------------------------------------------------------- 3/22/01 16396 Energi Licenses and Fees 75.00 - --------------------------------------------------------------------------------------------------------------- 3/22/01 16397 First Sierra financial MM13 trash compactor 647.67 - --------------------------------------------------------------------------------------------------------------- 3/22/01 16398 Institute of Management Dues and Subscriptions 27.00 - --------------------------------------------------------------------------------------------------------------- 3/22/01 16399 Kombiz Lavasany Reimbursement 277.79 - --------------------------------------------------------------------------------------------------------------- 3/22/01 16400 Mail Boxes Etc mail service 8.36 - --------------------------------------------------------------------------------------------------------------- 3/22/01 16401 Max Reynolds Repairs and 3,572.46 - --------------------------------------------------------------------------------------------------------------- Page 4 of 17 - --------------------------------------------------------------------------------------------------------------- maintenance - --------------------------------------------------------------------------------------------------------------- 3/22/01 16402 Nationwide Neighborhood Advertising 160.00 - --------------------------------------------------------------------------------------------------------------- 3/22/01 16403 Pacific Bell phone service 1,441.28 - --------------------------------------------------------------------------------------------------------------- 3/22/01 16404 Paramount Pictures Co Op Advertising 975.00 - --------------------------------------------------------------------------------------------------------------- 3/22/01 16405 The Press Enterprise Advertising 18,035.19 - --------------------------------------------------------------------------------------------------------------- 3/22/01 16406 Printek Business Check Printing 1,071.11 Solutions - --------------------------------------------------------------------------------------------------------------- 3/22/01 16407 Prudential Insurance 632.44 - --------------------------------------------------------------------------------------------------------------- 3/22/01 16408 Void - - --------------------------------------------------------------------------------------------------------------- 3/22/01 16409 San Bernardino County Sun Advertising 10,251.50 - --------------------------------------------------------------------------------------------------------------- 3/22/01 16410 Sky Courier Film Transportation 18.20 - --------------------------------------------------------------------------------------------------------------- 3/22/01 16411 Solomon Friedman Advertising 50.28 - --------------------------------------------------------------------------------------------------------------- 3/22/01 16412 State Comp insurance Fund Insurance 8,125.94 - --------------------------------------------------------------------------------------------------------------- 3/22/01 16413 Treasurer Tax collector Prop taxes 92,629.08 - --------------------------------------------------------------------------------------------------------------- 3/22/01 16414 Void - - --------------------------------------------------------------------------------------------------------------- 3/22/01 16415 Universal pictures Co Op Advertising 488.77 - --------------------------------------------------------------------------------------------------------------- 3/22/01 16416 Van Asch Janitorial Cleaning Services 1,875.80 - --------------------------------------------------------------------------------------------------------------- 3/22/01 16417 Verizon California phone services SB20 & 2,037.97 Pr10 - --------------------------------------------------------------------------------------------------------------- 3/22/01 16418 Waxie Sanitary Supply Janitorial Supplies 43.65 - --------------------------------------------------------------------------------------------------------------- 3/22/01 16419 Western Municipal Water Water Sewage MG18 300.80 - --------------------------------------------------------------------------------------------------------------- 3/22/01 16420 MGM Films Film Rental 6,385.38 - --------------------------------------------------------------------------------------------------------------- 3/22/01 16421 Sony Picture Classics Co Op Advertising 50.00 - --------------------------------------------------------------------------------------------------------------- 3/22/01 16422 Airgas Concession Supplies 76.87 - --------------------------------------------------------------------------------------------------------------- 3/22/01 16423 Heritage Foods Concession Supplies 1,072.85 - --------------------------------------------------------------------------------------------------------------- 3/22/01 16424 Clay Colbert Reimbursement 98.74 - --------------------------------------------------------------------------------------------------------------- 3/23/01 16425 Chrysler Financial Corp lease car 620.32 - --------------------------------------------------------------------------------------------------------------- 3/23/01 16426 North County Times Advertising 4,628.08 - --------------------------------------------------------------------------------------------------------------- 3/23/01 16427 Pacific Bell phone service 1,424.56 - --------------------------------------------------------------------------------------------------------------- 3/23/01 16428 Proctor Companies Repairs and maintenance 318.83 conc. - --------------------------------------------------------------------------------------------------------------- 3/23/01 16429 San Bernardino County Sun Advertising 2,023.00 - --------------------------------------------------------------------------------------------------------------- 3/23/01 16430 Union Tribune Advertising 944.00 - --------------------------------------------------------------------------------------------------------------- 3/23/01 16431 Universal Pictures Co Op Advertising 303.05 - --------------------------------------------------------------------------------------------------------------- 3/28/01 16432 MGM Films Film Rental 3,272.15 - --------------------------------------------------------------------------------------------------------------- 3/28/01 16433 Allen Elrod Reimbursement 1,101.75 - --------------------------------------------------------------------------------------------------------------- 3/29/01 16434 Coudres Family Limited PR10 rent 41,035.45 - --------------------------------------------------------------------------------------------------------------- 3/29/01 16435 Crown Point Design Uniforms 3,864.00 - --------------------------------------------------------------------------------------------------------------- 3/29/01 16436 Mission Grove Theater MG18 rent 62,795.90 - --------------------------------------------------------------------------------------------------------------- 3/29/01 16437 Mission Grove Theater II MG18 rent 31,982.75 - --------------------------------------------------------------------------------------------------------------- 3/29/01 16438 Oceanside Mission MM13 rent 66,947.53 Marketplace - --------------------------------------------------------------------------------------------------------------- 3/29/01 16439 Redevelopment Agency SB20 rent 82,000.00 - --------------------------------------------------------------------------------------------------------------- 3/29/01 16440 Redevelopment Agency SB20 rent 12,500.00 - --------------------------------------------------------------------------------------------------------------- 3/29/01 16441 State Board of Licenses and Fees 1,206.00 Equalization - --------------------------------------------------------------------------------------------------------------- Page 5 of 17 - --------------------------------------------------------------------------------------------------------------- 3/29/01 16442 United Title Company Corp rent 4,983.30 - --------------------------------------------------------------------------------------------------------------- 3/30/01 16443 City of Riverside Licenses and permits MG18 4,054.36 - --------------------------------------------------------------------------------------------------------------- TOTAL 966,330.05 - --------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------- WIRE TRANSFERS - --------------------------------------------------------------------------------------------------------------- 1-Mar 90 Pepsi Concession Supplies 3,556.25 - --------------------------------------------------------------------------------------------------------------- 91-93 Numbers previously used - - - --------------------------------------------------------------------------------------------------------------- 1-Mar 94 Metropolitan Provisions Concession Supplies 8,841.65 - --------------------------------------------------------------------------------------------------------------- 5-Mar 95 Insight Direct Inc. Computer Supplies 1,258.39 - --------------------------------------------------------------------------------------------------------------- 4-Jan 96 Number previously used - - - --------------------------------------------------------------------------------------------------------------- 7-Mar 97 20th Century Fox Film Rental 3,102.08 - --------------------------------------------------------------------------------------------------------------- 7-Mar 98 Buena Vista Film Rental 22,327.09 - --------------------------------------------------------------------------------------------------------------- 7-Mar 99 Miramax Films Film Rental 2,674.79 - --------------------------------------------------------------------------------------------------------------- 7-Mar 100 Newline Pictures Film Rental 2,402.03 - --------------------------------------------------------------------------------------------------------------- 7-Mar 101 Paramount Pictures Film Rental 39,451.65 - --------------------------------------------------------------------------------------------------------------- 7-Mar 102 Sony Picture Classics Film Rental 3,420.26 - --------------------------------------------------------------------------------------------------------------- 7-Mar 103 Universal Film Exchanges Film Rental 1,092.97 - --------------------------------------------------------------------------------------------------------------- 7-Mar 104 USA Films Film Rental 3,210.63 - --------------------------------------------------------------------------------------------------------------- 7-Mar 105 Warner Bros. Film Rental 14,118.45 - --------------------------------------------------------------------------------------------------------------- 106 Number previously used - - - --------------------------------------------------------------------------------------------------------------- 8-Mar 107 Metropolitan Provisions Concession Supplies 8,043.35 - --------------------------------------------------------------------------------------------------------------- 14-Mar 108 20th Century Fox Film Rental 9,060.23 - --------------------------------------------------------------------------------------------------------------- 14-Mar 109 Buena Vista Film Rental 7,504.70 - --------------------------------------------------------------------------------------------------------------- 14-Mar 110 Miramax Films Film Rental 1,774.35 - --------------------------------------------------------------------------------------------------------------- 14-Mar 111 Newline Pictures Film Rental 281.76 - --------------------------------------------------------------------------------------------------------------- 14-Mar 112 Paramount Pictures Film Rental 16,157.76 - --------------------------------------------------------------------------------------------------------------- 14-Mar 113 Sony Picture Classics Film Rental 2,833.43 - --------------------------------------------------------------------------------------------------------------- 14-Mar 114 USA Films Film Rental 3,788.54 - --------------------------------------------------------------------------------------------------------------- 14-Mar 115 Warner Bros. Film Rental 17,318.63 - --------------------------------------------------------------------------------------------------------------- 4-Jan 116 Void - - - --------------------------------------------------------------------------------------------------------------- 4-Jan 117 Number previously used - - - --------------------------------------------------------------------------------------------------------------- 8-Mar 118 Pepsi Concession Supplies 3,376.58 - --------------------------------------------------------------------------------------------------------------- 15-Mar 119 Metropolitan Provisions Concession Supplies 13,849.78 - --------------------------------------------------------------------------------------------------------------- 21-Mar 120 20th Century Fox Film Rental 3,844.08 - --------------------------------------------------------------------------------------------------------------- 21-Mar 121 Buena Vista Film Rental 6,150.83 - --------------------------------------------------------------------------------------------------------------- 21-Mar 122 DreamWorks Distribution Film Rental 29,269.11 - --------------------------------------------------------------------------------------------------------------- 21-Mar 123 Miramax Films Film Rental 786.96 - --------------------------------------------------------------------------------------------------------------- 21-Mar 124 Newline Pictures Film Rental 2,200.08 - --------------------------------------------------------------------------------------------------------------- 21-Mar 125 Paramount Pictures Film Rental 10,127.78 - --------------------------------------------------------------------------------------------------------------- 21-Mar 126 Sony Picture Classics Film Rental 2,097.73 - --------------------------------------------------------------------------------------------------------------- 21-Mar 127 USA Films Film Rental 3,101.12 - --------------------------------------------------------------------------------------------------------------- 21-Mar 128 Warner Bros. Film Rental 6,714.88 - --------------------------------------------------------------------------------------------------------------- 28-Mar 129-0 20th Century Fox Film Rental 1,630.73 - --------------------------------------------------------------------------------------------------------------- 22-Mar 129-1 Metropolitan Provisions Concession Supplies 6,322.66 - --------------------------------------------------------------------------------------------------------------- 28-Mar 130 Buena Vista Film Rental 3,095.71 - --------------------------------------------------------------------------------------------------------------- 28-Mar 131 DreamWorks Distribution Film Rental 12,875.58 - --------------------------------------------------------------------------------------------------------------- 28-Mar 132 Miramax Films Film Rental 6,639.73 - --------------------------------------------------------------------------------------------------------------- Page 6 of 17 - --------------------------------------------------------------------------------------------------------------- 28-Mar 133 Newline Pictures Film Rental 14,314.43 - --------------------------------------------------------------------------------------------------------------- 28-Mar 134 Paramount Pictures Film Rental 5,546.99 - --------------------------------------------------------------------------------------------------------------- 28-Mar 135 Sony Picture Classics Film Rental 2,746.89 - --------------------------------------------------------------------------------------------------------------- 28-Mar 136 USA Films Film Rental 2,394.91 - --------------------------------------------------------------------------------------------------------------- 28-Mar 137 Warner Bros. Film Rental 7,663.77 - --------------------------------------------------------------------------------------------------------------- 138-169 Numbers previously used - - --------------------------------------------------------------------------------------------------------------- 26-Mar 170 Riverside County Prop taxes 54,644.22 Treasurer - --------------------------------------------------------------------------------------------------------------- 22-Mar 171 Pepsi Concession Supplies 3,125.34 - --------------------------------------------------------------------------------------------------------------- 27-Mar 172 Sony Picture Prepaid Film Rental 27,500.00 - --------------------------------------------------------------------------------------------------------------- 20-Mar 173 Sony Pictures Prepaid Film Rental 32,200.00 - --------------------------------------------------------------------------------------------------------------- 29-Mar 174 Pepsi Concession Supplies 2,047.95 - --------------------------------------------------------------------------------------------------------------- 29-Mar 175 Metropolitan Provisions Concession Supplies 6,938.99 - --------------------------------------------------------------------------------------------------------------- 16-Mar 185 Metropolitan Provisions Concession Supplies 3,579.14 - --------------------------------------------------------------------------------------------------------------- TOTAL 447,004.96 - --------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------- DIRECT DEBITS TO UNION BANK OF CALIFORNIA ACCT # 0700494381 - --------------------------------------------------------------------------------------------------------------- 13-Mar Direct postage purchase 200.00 - --------------------------------------------------------------------------------------------------------------- 29-Mar Sales Tax (Feb) 12,653.00 - --------------------------------------------------------------------------------------------------------------- 29-Mar Wire trf - Int & Principle on Credit Facility Debt 55,802.87 - --------------------------------------------------------------------------------------------------------------- 31-Mar Bank Charges - A/P Account Activity 373.69 - --------------------------------------------------------------------------------------------------------------- 31-Mar Bank Charges - Payroll Account Activity 2,525.21 - --------------------------------------------------------------------------------------------------------------- TOTAL 71,554.77 - --------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------- TRANSFERS TO PAYROLL ACCOUNT - --------------------------------------------------------------------------------------------------------------- 6-Mar UBOC Acct. # 07007494365 Mar 16th Payroll Run 90,000.00 - --------------------------------------------------------------------------------------------------------------- 22-Mar UBOC Acct. # 07007494365 Mar 30th Payroll Run 85,000.00 - --------------------------------------------------------------------------------------------------------------- TOTAL 175,000.00 - --------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------- TOTAL ACCOUNTS PAYABLE DISBURSEMENTS 1,659,889.78 - --------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------
Page 7 of 17 I. CASH RECEIPTS AND DISBURSEMENTS (Continued) B. (PAYROLL ACCOUNT) - --------------------------------------------------------------------------------------- --------------------- 1. TOTAL RECEIPTS PER ALL PRIOR PAYROLL ACCOUNT REPORTS 400,535.93 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 2. LESS: TOTAL DISBURSEMENTS PER ALL PRIOR PAYROLL ACCOUNT REPORTS 358,793.82 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 3. BEGINNING BALANCE 41,742.11 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 4. RECEIPTS DURING CURRENT PERIOD 175,000.00 - --------------------------------------------------------------------------------------- --------------------- TRANSFERRED FROM GENERAL ACCOUNT - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 5. BALANCE: 216,742.11 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 6. LESS: TOTAL DISBURSEMENTS DURING CURRENT PERIOD 283,813.12 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 7. ENDING BALANCE (67,071.01) - --------------------------------------------------------------------------------------- ---------------------
- ------------------------------------------------------- ----------------------------------------------------- 8. PAYROLL ACCOUNT NUMBER 07007494365 - ------------------------------------------------------- ----------------------------------------------------- DEPOSITORY NAME AND LOCATION Union Bank of California - ------------------------------------------------------------------------------------------------------------- 445 South Figueroa St., Los Angeles, CA 90051 - -------------------------------------------------------------------------------------------------------------
Page 8 of 17 TOTAL DISBURSEMENTS DURING CURRENT PERIOD (Payroll Account) - --------------------------------------------------------------------------------------------------------------------------- MARCH 2, 2001 PAYROLL RUN - SUMMARY OF EXPENSE - --------------------------------------------------------------------------------------------------------------------------- Wages Earned - Normal Recurring 66,520.58 - --------------------------------------------------------------------------------------------------------------------------- Wages Earned - Adjustments & Voids - --------------------------------------------------------------------------------------------------------------------------- Wage Garnishments - - --------------------------------------------------------------------------------------------------------------------------- Federal Income Taxes 8,783.75 - --------------------------------------------------------------------------------------------------------------------------- Social Security 10,602.86 - --------------------------------------------------------------------------------------------------------------------------- Medicare 2,479.77 - --------------------------------------------------------------------------------------------------------------------------- State Unemployment Taxes - Employer 1,908.39 - --------------------------------------------------------------------------------------------------------------------------- Federal Unemployment Taxes 492.49 - --------------------------------------------------------------------------------------------------------------------------- State Unemployment Taxes - Employee 769.61 - --------------------------------------------------------------------------------------------------------------------------- State Income Taxes 1,702.07 - --------------------------------------------------------------------------------------------------------------------------- 93,259.52 - --------------------------------------------------------------------------------------------------------------------------- March 2, 2001 Payroll Run - Summary of Disbursements - --------------------------------------------------------------------------------------------------------------------------- ADP Checks Issued 93,259.52 - --------------------------------------------------------------------------------------------------------------------------- Manual Checks, etc. 429.72 - --------------------------------------------------------------------------------------------------------------------------- TOTAL 93,689.24 - --------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------- MARCH 16, 2001 PAYROLL RUN - SUMMARY OF EXPENSE - --------------------------------------------------------------------------------------------------------------------------- Wages Earned - Normal Recurring 63,544.42 - --------------------------------------------------------------------------------------------------------------------------- Wages Earned - Adjustments & Voids - --------------------------------------------------------------------------------------------------------------------------- Wage Garnishments - --------------------------------------------------------------------------------------------------------------------------- Federal Income Taxes 8,509.46 - --------------------------------------------------------------------------------------------------------------------------- Social Security 10,160.72 - --------------------------------------------------------------------------------------------------------------------------- Medicare 2,376.25 - --------------------------------------------------------------------------------------------------------------------------- State Unemployment Taxes - Employer 1,579.81 - --------------------------------------------------------------------------------------------------------------------------- Federal Unemployment Taxes 407.69 - --------------------------------------------------------------------------------------------------------------------------- State Unemployment Taxes - Employee 737.44 - --------------------------------------------------------------------------------------------------------------------------- State Income Taxes 1,732.15 - --------------------------------------------------------------------------------------------------------------------------- 89,047.94 - --------------------------------------------------------------------------------------------------------------------------- March 16, 2001 Payroll Run - Summary of Disbursements - --------------------------------------------------------------------------------------------------------------------------- ADP Checks Issued 88,153.48 - --------------------------------------------------------------------------------------------------------------------------- Manual Checks Issued 894.46 - --------------------------------------------------------------------------------------------------------------------------- TOTAL 89,047.94 - --------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------- MARCH 30, 2001 PAYROLL RUN - SUMMARY OF EXPENSE - --------------------------------------------------------------------------------------------------------------------------- Wages Earned - Normal Recurring 61,887.07 - --------------------------------------------------------------------------------------------------------------------------- Wages Earned - Adjustments & Voids - --------------------------------------------------------------------------------------------------------------------------- Wage Garnishments - --------------------------------------------------------------------------------------------------------------------------- Federal Income Taxes 11,977.16 - --------------------------------------------------------------------------------------------------------------------------- Social Security 11,605.88 - --------------------------------------------------------------------------------------------------------------------------- Medicare 2,714.36 - --------------------------------------------------------------------------------------------------------------------------- State Unemployment Taxes - Employer 1,504.13 - --------------------------------------------------------------------------------------------------------------------------- Federal Unemployment Taxes 388.17 - --------------------------------------------------------------------------------------------------------------------------- State Unemployment Taxes - Employee 842.34 - --------------------------------------------------------------------------------------------------------------------------- State Income Taxes 2,713.72 - --------------------------------------------------------------------------------------------------------------------------- 93,632.83 - --------------------------------------------------------------------------------------------------------------------------- March 30, 2001 Payroll Run - Summary of Disbursements - --------------------------------------------------------------------------------------------------------------------------- ADP Checks Issued 93,632.83 - --------------------------------------------------------------------------------------------------------------------------- Manual Checks Issued 7,443.11 - --------------------------------------------------------------------------------------------------------------------------- TOTAL 101,075.94 - --------------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------------- TOTAL PAYROLL ACCOUNT DISBURSEMENTS 283,813.12 - --------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------------
Page 9 of 17 I. CASH RECEIPTS AND DISBURSEMENTS (Continued) B. (TAX ACCOUNT) - --------------------------------------------------------------------------------------- --------------------- 1. TOTAL RECEIPTS PER ALL PRIOR TAX ACCOUNT REPORTS 25,000.00 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 2. LESS: TOTAL DISBURSEMENTS PER ALL PRIOR TAX ACCOUNT REPORTS 12,214.29 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 3. BEGINNING BALANCE 12,785.71 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 4. RECEIPTS DURING CURRENT PERIOD - --------------------------------------------------------------------------------------- --------------------- TRANSFERRED FROM GENERAL ACCOUNT 0.00 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 5. BALANCE: 12,785.71 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 6. LESS: TOTAL DISBURSEMENTS DURING CURRENT PERIOD - --------------------------------------------------------------------------------------- --------------------- Date: 2/23/01, To: CA State Board of Equalization 12,653.00 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- TOTAL DISBURSEMENTS THIS PERIOD 12,653.00 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 7. ENDING BALANCE 132.71 - --------------------------------------------------------------------------------------- ---------------------
- ------------------------------------------------------- ----------------------------------------------------- 8. TAX ACCOUNT NUMBER 02180038712 - ------------------------------------------------------- ----------------------------------------------------- DEPOSITORY NAME AND LOCATION Union Bank of California - ------------------------------------------------------------------------------------------------------------- 445 South Figueroa St., Los Angeles, CA 90051 - ------------------------------------------------------------------------------------------------------------- - -------------------------------------------------------------------------------------------------------------------
D. SUMMARY SCHEDULE OF CASH - --------------------------------------------------------------------------------------- --------------------- ENDING BALANCE FOR PERIOD - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- GENERAL ACCOUNT (287,787.29) - --------------------------------------------------------------------------------------- --------------------- PAYROLL ACCOUNT (67,071.01) - --------------------------------------------------------------------------------------- --------------------- TAX ACCOUNT 132.71 - --------------------------------------------------------------------------------------- --------------------- OTHER ACCOUNTS *: 1,439,153.19 - --------------------------------------------------------------------------------------- --------------------- OTHER MONIES *: 0.00 - --------------------------------------------------------------------------------------- --------------------- PETTY CASH ** 0.00 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- TOTAL CASH AVAILABLE 1,084,427.60 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- ---------------------
* SPECIFY THE FUND AND THE TYPE OF HOLDING (I.E., CD, SAVINGS ACCOUNT, INVESTMENT SECURITIES, ETC.) AND THE DEPOSITORY NAME, LOCATION, AND ACCOUNT NUMBER ** ATTACH EXHIBIT ITEMIZING ALL PETTY CASH TRANSACTIONS NOTE: ATTACH COPIES OF ALL MONTHLY ACCOUNTS FROM FINANCIAL INSTITUTIONS FOR EACH ACCOUNT Page 10 of 17 OTHER ACCOUNTS (SUPPLEMENT TO SCHEDULE I.D.)
- ---------------------------------------------------------------- --------------------- ---------------------- BANK / ACCOUNT TYPE Account # Balance - ---------------------------------------------------------------- --------------------- ---------------------- - ---------------------------------------------------------------- --------------------- ---------------------- BANK OF AMERICA - ---------------------------------------------------------------- --------------------- ---------------------- Master Concentration 14501-09188 0.00 - ---------------------------------------------------------------- --------------------- ---------------------- Merchant 14501-09189 0.00 - ---------------------------------------------------------------- --------------------- ---------------------- Moviefone 14502-09192 0.00 - ---------------------------------------------------------------- --------------------- ---------------------- - ---------------------------------------------------------------- --------------------- ---------------------- UNION BANK OF CALIFORNIA - ---------------------------------------------------------------- --------------------- ---------------------- Master Concentration 0700494-349 1,382,017.99 - ---------------------------------------------------------------- --------------------- ---------------------- FOB Cinemastar Luxury Cinemas, Inc. 0700494-373 3,378.70 - ---------------------------------------------------------------- --------------------- ---------------------- Merchant 0700494-357 53,756.50 - ---------------------------------------------------------------- --------------------- ---------------------- Moviefone 0700494-146 0.00 - ---------------------------------------------------------------- --------------------- ---------------------- - --------------------------------------------------------------- --------------------- ----------------------- Total 1,439,153.19 - ---------------------------------------------------------------- --------------------- ---------------------- - ---------------------------------------------------------------- --------------------- ---------------------- - ---------------------------------------------------------------- --------------------- ----------------------
Page 11 of 17 II. STATUS OF PAYMENTS TO SECURED CREDITORS, LESSORS, AND OTHER PARTIES TO EXECUTORY CONTRACTS
- --------------------------------------------------------------------------------------------------------------------- CREDITOR, LESSOR, ETC. FREQUENCY OF PAYMENTS AMOUNT OF PAYMENT POST-PETITION TOTAL DUE (Mo./Qtr.) PAYMENTS NOT MADE (NUMBER) - --------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------- Oceanside Mission Market Monthly $57,678.10 0 $0.00 Place (Lessor MM 13 Theater) - --------------------------------------------------------------------------------------------------------------------- Coudres Family Ptrship Monthly $35,740.55 0 $0.00 (Lessor PR 10 Theater) - --------------------------------------------------------------------------------------------------------------------- MDA - San Bernardino Monthly $96,851.61 0 $0.00 (Lessor SB20 Thtr) - --------------------------------------------------------------------------------------------------------------------- Mission Grove Theater Monthly $89,050.40 0 $0.00 Properties I&II (Lessor MG 18 Theater) - --------------------------------------------------------------------------------------------------------------------- United Title Company Monthly $4,983.40 0 $0.00 (Lessor - Corp Offices) - --------------------------------------------------------------------------------------------------------------------- Union Bank of California Monthly $57,472.22 0 $0.00 ($2,000,000 loan, principal and interest) - --------------------------------------------------------------------------------------------------------------------- Midland Loan Services Monthly $17,646.36 3 $17,646.36 (Mortgage Note on Chula Vista Property) - --------------------------------------------------------------------------------------------------------------------- Union Bank of California Monthly $646.80 0 $0.00 (Auto Lease) - ---------------------------------------------------------------------------------------------------------------------
III. TAX LIABILITIES - ------------------------------------------------------------------------------------ ------------------------ FOR THE REPORTING PERIOD: - ------------------------------------------------------------------------------------ ------------------------ GROSS SALES SUBJECT TO SALES TAX 141,530.23 - ------------------------------------------------------------------------------------ ------------------------ TOTAL WAGES PAID 283,813.12 - ------------------------------------------------------------------------------------ ------------------------
- --------------------------------------- ----------------------- ---------------------- ---------------------- TOTAL POST-PETITION AMOUNT DELINQUENT DATE DELINQUENT AMOUNTS OWING AMOUNT DUE - --------------------------------------- ----------------------- ---------------------- ---------------------- - --------------------------------------- ----------------------- ---------------------- ---------------------- FEDERAL WITHHOLDING - --------------------------------------- ----------------------- ---------------------- ---------------------- STATE WITHHOLDING - --------------------------------------- ----------------------- ---------------------- ---------------------- FICA-EMPLOYER'S SHARE - --------------------------------------- ----------------------- ---------------------- ---------------------- FICA - EMPLOYEE'S SHARE - --------------------------------------- ----------------------- ---------------------- ---------------------- FEDERAL UNEMPLOYMENT - --------------------------------------- ----------------------- ---------------------- ---------------------- STATE WITHHOLDING - --------------------------------------- ----------------------- ---------------------- ---------------------- SALES AND USE 10,968.61 0.00 - --------------------------------------- ----------------------- ---------------------- ---------------------- REAL PROPERTY 17,445.59 0.00 - --------------------------------------- ----------------------- ---------------------- ---------------------- OTHER (SPECIFY) - --------------------------------------- ----------------------- ---------------------- ---------------------- - --------------------------------------- ----------------------- ---------------------- ---------------------- TOTAL 28,414.20 0.00 - --------------------------------------- ----------------------- ---------------------- ----------------------
Page 12 of 17 IV. AGING OF ACCOUNTS PAYABLE AND ACCOUNTS RECEIVABLE
- ---------------------------- ------------------------------- ------------------------------------------------ ACCOUNTS RECEIVABLE ACCOUNTS PAYABLE * ------------------------ ----------------------- (POST-PETITION ONLY) Pre-Petition Post-Petition - ---------------------------- ------------------------------- ------------------------ ----------------------- 30 days or less 140,575.68 - ---------------------------- ------------------------------- ------------------------ ----------------------- 31-60 days - ---------------------------- ------------------------------- ------------------------ ----------------------- 61-90 days - ---------------------------- ------------------------------- ------------------------ ----------------------- 91-120 days - ---------------------------- ------------------------------- ------------------------ ----------------------- Over 120 days - ---------------------------- ------------------------------- ------------------------ ----------------------- TOTALS: 140,575.68 - ---------------------------- ------------------------------- ------------------------ -----------------------
V. INSURANCE COVERAGE
- ----------------------- --------------------- -------------------- --------------------- -------------------- NAME OF CARRIER AMOUNT OF COVERAGE POLICY EXPIRATION PREMIUM PAID DATE THROUGH: - ----------------------- --------------------- -------------------- --------------------- -------------------- General Liability Royal Insurance of $2,000,000 10/14/01 4/14/01 America - ----------------------- --------------------- -------------------- --------------------- -------------------- Umbrella Liability St. Paul's $10,000,000 10/14/01 4/14/01 Insurance Company - ----------------------- --------------------- -------------------- --------------------- -------------------- Automobile Liability Royal Insurance of $1,000,000 10/14/01 4/14/01 America - ----------------------- --------------------- -------------------- --------------------- -------------------- Directors & Officers National Union Fire $5,000,000 6/20/01 4/14/01 Liability Insurance Company - ----------------------- --------------------- -------------------- --------------------- -------------------- Workers Compensation State (of CA) Variable n/a 4/14/01 Compensation Insurance Fund - ----------------------- --------------------- -------------------- --------------------- -------------------- Property Royal Insurance of $35,212,960 10/14/01 4/14/01 America - ----------------------- --------------------- -------------------- --------------------- -------------------- Vacant Property Royal Indemnity $1,500,000 12/14/01 4/14/01 Company - ----------------------- --------------------- -------------------- --------------------- -------------------- Foreign Package ACE USA $1,000,000 10/15/01 4/14/01 - ----------------------- --------------------- -------------------- --------------------- --------------------
VI. UNITED STATES TRUSTEE QUARTERLY FEES (TOTAL PAYMENTS)
- ------------------- ------------------- --------------- ----------------- ----------------- ----------------- Qtrly Period Total Qtrly Fees Date Paid Amount Paid Qtrly Fee Still Ending Disbursements Owing - ------------------- ------------------- --------------- ----------------- ----------------- ----------------- - ------------------- ------------------- --------------- ----------------- ----------------- ----------------- - ------------------- ------------------- --------------- ----------------- ----------------- ----------------- - ------------------- ------------------- --------------- ----------------- ----------------- -----------------
* POST-PETITION ACCOUNTS PAYABLE SHOULD NOT INCLUDE PROFESSIONALS' FEES AND EXPENSES WHICH HAVE BEEN INCURRED BUT NOT YET AWARDED BY THE COURT. POST-PETITION ACCOUNTS PAYABLE SHOULD INCLUDE PROFESSIONALS' FEES AND EXPENSES AUTHORIZED BY COURT ORDER BUT WHICH REMAIN UNPAID AS OF THE CLOSE OF THE PERIOD OF THE REPORT. Page 13 of 17 VII. PROFIT AND LOSS STATEMENT (ACCRUAL BASIS ONLY)
Cumulative Current Month Post-Petition ----------------- ------------------ Admission Revenue 723,954 2,659,515 Concession Revenue 277,456 1,010,664 Video Revenue 15,805 52,694 Screen Advertising 7,375 22,126 Other Revenues 1,393 5,991 - ----------------------------------------------------------------------------- Theater Revenue 1,025,983 3,750,990 Film Rental Expense 293,608 1,324,998 Concession COGS 37,404 145,290 - ----------------------------------------------------------------------------- Theater Cost of Goods Sold 331,011 1,470,288 - ----------------------------------------------------------------------------- Theater Gross Margin 694,972 2,280,702 - ----------------------------------------------------------------------------- Salaries 114,489 375,381 Payroll Taxes 12,850 43,213 Rent Expense 268,111 927,365 CAM Expense 33,420 97,075 Utility Expense 84,340 192,477 Advertising Expense 20,644 58,575 Co-op Advertising Expense 4,615 14,876 Repairs & Maint Expense 13,992 39,160 Janitorial Services 26,590 72,404 Janitorial Supplies Expense 489 15,209 Insurance Expense 20,069 57,830 Property Taxes 25,937 357,203 Security Expense 4,489 15,600 Travel & Entertainment 0 1,006 Vehicle Expense 0 0 Supplies Expense 3,347 17,210 Banking Fees 1,899 24,857 Equipment Rental Expense 1,324 3,993 Outside Services Expense 0 1,500 Other Theater Expense 9,635 25,161 Pre-Opening Expense 0 0 - ----------------------------------------------------------------------------- Theater Operating Expenses 646,239 2,340,095 - ----------------------------------------------------------------------------- Operating Income 48,733 (59,393) - ----------------------------------------------------------------------------- General & Administrative Expense 84,447 304,788 Deprec & Amortization 209,888 664,931 Interest Expense 48,605 146,237 Interest/Dividend Income (4,181) (20,456) Taxes 482 1,443 Non-Recurring Income/Expense 0 (90,000) - ----------------------------------------------------------------------------- Non-Operating (Income)/Expense 339,241 1,006,944 - ----------------------------------------------------------------------------- Net Income (290,508) (1,066,336) =============================================================================
Page 14 of 17 VIII. BALANCE SHEET (ACCRUAL BASIS ONLY)
Current Month End -------------------- Cash 1,724,037 Accts Receivable (25,752) Conc Inventory 40,696 Concession Rebates 8,584 Supplies Inventory 9,777 Prepaids 379,840 - --------------------------------------------------------------------------- Current Assets 2,137,182 Fixed Assets 24,350,280 Accumulated Depreciation (13,136,065) - --------------------------------------------------------------------------- Net Fixed Assets 11,214,215 Deposits-Leases 43,789 Deposits-Concession 965 Deposits 200 Investment CLT SA de CV 22,875 Investment in Mexico 339,643 Goodwill - Mexico (132,046) - --------------------------------------------------------------------------- Other Assets 275,426 - --------------------------------------------------------------------------- Assets 13,626,823 =========================================================================== Accounts Payable 2,450,167 Accrued Payroll 216,626 Other Accruals 664,866 Deferred Revenue 465,427 Concession Advances 44,234 Short Term Notes Payable 0 - --------------------------------------------------------------------------- Current Liabilities 3,841,320 Capital Leases (10,401) Credit Facility Debt 2,245,000 Notes Payable 1,717,721 - --------------------------------------------------------------------------- Debt and Capital Leases 3,952,321 Deferred Rent Accrual 4,156,581 Intercompany Accounts 2,125,024 - --------------------------------------------------------------------------- Long-Term Liabilities 6,281,604 Common Stock 62,892 Additional Paid In Capital 29,642,292 Treasury Stock 0 Retained Earnings (26,278,047) Current Year Retained Earnings (3,875,558) Current Year Dividends 0 - --------------------------------------------------------------------------- Shareholders' Equity (448,422) - --------------------------------------------------------------------------- Liabilities & Equity 13,626,823 ===========================================================================
Page 15 of 17 STATEMENT OF CASH FLOWS (Supplement to Balance Sheet)
Current Month -------------- CASH FLOW FROM OPERATIONS Net Income / (Loss) (290,508) Depreciation & Amortization 209,888 Non-Cash Interest Expense 0 Deferred Rent 13,950 Changes in Operating Assets & Liabilities: Change in Current Assets 26,980 Change in Other Assets (25) Change in Accounts Payable (509,782) Change in Other Liabilities (46,397) - -------------------------------------------------------------------------- Net Cash Provided By / (Used In) Operations (595,893) CASH FLOW FROM INVESTING ACTIVITIES Purchase of Property (3,250) Sale of Property 0 - -------------------------------------------------------------------------- Net Cash Provided By / (Used In) Investing Activities (3,250) CASH FLOW FROM FINANCING ACTIVITIES Payment of Debt & Capital Lease Obligations (35,000) Proceeds from Debt Issuance / Drawdown 0 Proceeds from Issuance of Common Stock 0 - -------------------------------------------------------------------------- Net Cash Provided By / (Used In) Financing Activities (35,000) - -------------------------------------------------------------------------- Net Increase / (Decrease) in Cash (634,143) - -------------------------------------------------------------------------- Beginning of Period Cash Balance 2,358,180 - -------------------------------------------------------------------------- - -------------------------------------------------------------------------- End of Period Cash Balance 1,724,037 ==========================================================================
Page 16 of 17 IX. QUESTIONNAIRE 1. Has the debtor-in-possession made any payments on its pre-petition unsecured debt, except as has been authorized by the court? No X Yes Explain: 2. Has the debtor-in-possession during this reporting period provided compensation or remuneration to any officers, directors, principals or other insiders without appropriate authorization? No X Yes Amount, to whom, and for what period: 3. State what progress was made during the reporting period toward filing a plan of reorganization: Debtor has prepared detailed financial projections and anticipates getting a plan on file by the end of April 2001. 4. Describe potential future events which may have a significant impact on the case. 5. Attach copies of all Orders granting relief from the automatic stay that were entered during the reporting period. 6. Did you receive any exempt income this month, which is not set forth in the operating report? No X Yes If yes, please set forth the amounts and the source of the income. I, DONALD H. HARNOIS, JR., CHIEF FINANCIAL OFFICER, declare under penalty of perjury that I have fully read and understood the foregoing debtor-in-possession operating report and that the information contained herein is true and complete to the best of my knowledge. Date: April 18, 2001 s/ Donald H. Harnois, Jr. ----------------------------------- Principal for debtor-in-possession EX-99.4 5 a2054189zex-99_4.txt EXHIBIT 99.4 EXHIBIT 99.4 Christopher Celentino, State Bar # 131688 Luce, Forward, Hamilton & Scripps, LLP 600 West Broadway, Suite 2600 San Diego, CA 92101 Attorney for Debtor-In-Possession UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF CALIFORNIA In Re: CinemaStar Luxury Theaters, Inc., Debtor(s) CASE NUMBER: 01-00110-JM11 CHAPTER 11 DEBTOR-IN-POSSESSION MONTHLY OPERATING REPORT FOR THE MONTH OF: APRIL 2001 TO: THE HONORABLE JUDGE MYERS UNITED STATES BANKRUPTCY JUDGE The Debtor-In-Possession hereby files its Monthly Operating Report pursuant to the United States Trustee's Operating and Reporting Requirements for Chapter 11 cases. DATED: May 17, 2001 s/ Christopher Celentino --------------------------------- Attorney for Debtor-In-Possession Page 1 of 16 - ------------------------------------------------------------------------ UNITED STATES DEPARTMENT OF JUSTICE OFFICE OF THE UNITED STATES TRUSTEE SOUTHERN DISTRICT OF CALIFORNIA - ------------------------------------------------------------------------ In Re: CinemaStar Luxury Theaters, Inc., Debtor(s) CHAPTER 11 (BUSINESS) CASE NO. 01-00110-JM11 OPERATING REPORT NO. 4 FOR THE MONTH ENDING: APRIL 30, 2001 I. CASH RECEIPTS AND DISBURSEMENTS A. (GENERAL ACCOUNT *) - --------------------------------------------------------------------------------------- --------------------- 1. TOTAL RECEIPTS PER ALL PRIOR GENERAL ACCOUNT REPORTS 3,420,787.53 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 2. LESS: TOTAL DISBURSEMENTS PER ALL PRIOR GENERAL ACCOUNT REPORTS 3,708,574.82 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 3. BEGINNING BALANCE (287,787.29) - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 4. RECEIPTS DURING CURRENT PERIOD - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- ACCOUNTS RECEIVABLE - PRE-FILING 0.00 - --------------------------------------------------------------------------------------- --------------------- ACCOUNTS RECEIVABLE - POST-FILING 0.00 - --------------------------------------------------------------------------------------- --------------------- GENERAL SALES 1,114,608.83 - --------------------------------------------------------------------------------------- --------------------- OTHER (SPECIFY) Advanced ticket sales, Mexico mgmnt fees 94,063.42 - --------------------------------------------------------------------------------------- --------------------- OTHER ** (SPECIFY) 0.00 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- TOTAL RECEIPTS THIS PERIOD 1,208,672.25 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 5. BALANCE: 920,884.96 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 6. LESS: TOTAL DISBURSEMENTS DURING CURRENT PERIOD 1,444,067.47 - --------------------------------------------------------------------------------------- --------------------- (Total from Page 2) - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 7. ENDING BALANCE (523,182.51) - --------------------------------------------------------------------------------------- ---------------------
- ------------------------------------------------------- ----------------------------------------------------- 8. GENERAL ACCOUNT NUMBER 07007494381 - ------------------------------------------------------- ----------------------------------------------------- DEPOSITORY NAME AND LOCATION Union Bank of California - ------------------------------------------------------------------------------------------------------------- 445 South Figueroa St., Los Angeles, CA 90051 - -------------------------------------------------------------------------------------------------------------
* ALL RECEIPTS MUST BE DEPOSITED INTO THE GENERAL ACCOUNT ** INCLUDE THE RECEIPTS FROM THE SALE OF ANY REAL OR PERSONAL PROPERTY OUT OF THE ORDINARY COURSE OF BUSINESS; ATTACH AN EXHIBIT SPECIFYING WHAT WAS SOLD, TO WHOM, TERMS, AND DATE OF COURT ORDER OR REPORT OF SALE. Page 2 of 16 TOTAL DISBURSEMENTS DURING CURRENT PERIOD (General Account)
- ---------------------------------------------------------------------------------------------------------------- DATE CHECK # PAYEE PURPOSE AMOUNT - ---------------------------------------------------------------------------------------------------------------- CHECKS - ---------------------------------------------------------------------------------------------------------------- 4/4/01 16444 MGM Films Film Rental 1,770.68 - ---------------------------------------------------------------------------------------------------------------- 4/6/01 16445 A&B Carpet cleaning Maintenance 8,371.25 - ---------------------------------------------------------------------------------------------------------------- 4/6/01 16446 Void - - ---------------------------------------------------------------------------------------------------------------- 4/6/01 16447 American Express Movie Ad mylars 610.90 - ---------------------------------------------------------------------------------------------------------------- 4/6/01 16448 AON Risk Services Insurance 514.00 - ---------------------------------------------------------------------------------------------------------------- 4/6/01 16449 Best Access System Maintenance 4.86 - ---------------------------------------------------------------------------------------------------------------- 4/6/01 16450 C.A.P.S. Alarm Monitoring 75.00 - ---------------------------------------------------------------------------------------------------------------- 4/6/01 16451 City Of Riverside Utilities 11,263.44 - ---------------------------------------------------------------------------------------------------------------- 4/6/01 16452 City Of San Bernardino SB Trash 561.00 - ---------------------------------------------------------------------------------------------------------------- 4/6/01 16453 Continental Stock Outside Services 553.47 Transfer - ---------------------------------------------------------------------------------------------------------------- 4/6/01 16454 James Cowan Security 994.37 - ---------------------------------------------------------------------------------------------------------------- 4/6/01 16455 DC Electronics Alarm Monitoring 215.00 - ---------------------------------------------------------------------------------------------------------------- 4/6/01 16456 De Lage Landen Phone systems 69.09 - ---------------------------------------------------------------------------------------------------------------- 4/6/01 16457 Eastern Municipal Water Utilities 100.16 Dist - ---------------------------------------------------------------------------------------------------------------- 4/6/01 16458 Emeritus Comm Telephone 736.43 - ---------------------------------------------------------------------------------------------------------------- 4/6/01 16459 Gold Medal Products Repairs & Maintenance 24.77 - ---------------------------------------------------------------------------------------------------------------- 4/6/01 16460 The Guardian Insurance 1,685.20 - ---------------------------------------------------------------------------------------------------------------- 4/6/01 16461 Indep Marketing Edge Dues & Subscription 147.50 - ---------------------------------------------------------------------------------------------------------------- 4/6/01 16462 Inland Empire Glass Repairs & Maintenance 125.00 - ---------------------------------------------------------------------------------------------------------------- 4/6/01 16463 Janitorial Maint Janitorial Maintenance 14,132.00 - ---------------------------------------------------------------------------------------------------------------- 4/6/01 16464 JLA Credit Trash compactor lease 369.58 - ---------------------------------------------------------------------------------------------------------------- 4/6/01 16465 AM LaSalle Electric Repairs & Maintenance 137.75 - ---------------------------------------------------------------------------------------------------------------- 4/6/01 16466 Kombiz Lavasany Reimbursement 155.62 - ---------------------------------------------------------------------------------------------------------------- 4/6/01 16467 Los Angeles Times Corp Paper 18.00 - ---------------------------------------------------------------------------------------------------------------- 4/6/01 16468 Manulife Financial 401k 1,808.48 - ---------------------------------------------------------------------------------------------------------------- 4/6/01 16469 National Envior Waste Trash MG18 2,520.45 - ---------------------------------------------------------------------------------------------------------------- 4/6/01 16470 National Screen Service Advertising 59.46 - ---------------------------------------------------------------------------------------------------------------- 4/6/01 16471 Pacific Bell Telephone 1,433.58 - ---------------------------------------------------------------------------------------------------------------- 4/6/01 16472 Paramount Pictures Co Op Advertising 25.00 - ---------------------------------------------------------------------------------------------------------------- 4/6/01 16473 Patricia Crotts Gift Cert reimburse 34.00 - ---------------------------------------------------------------------------------------------------------------- 4/6/01 16474 Practical Automation Repairs & Maintenance 548.00 - ---------------------------------------------------------------------------------------------------------------- 4/6/01 16475 Proctor Companies Repairs & Maintenance 55.92 Concess - ---------------------------------------------------------------------------------------------------------------- 4/6/01 16476 Pure Flo Water Corp Water 22.60 - ---------------------------------------------------------------------------------------------------------------- 4/6/01 16477 Reel Source Outside Services 350.00 - ---------------------------------------------------------------------------------------------------------------- 4/6/01 16478 SDG&E Utilities 14,820.81 - ---------------------------------------------------------------------------------------------------------------- 4/6/01 16479 Sky Courier Film Transport 54.60 - ---------------------------------------------------------------------------------------------------------------- 4/6/01 16480 Solomon Friedman Co Op Advertising 59.62 - ---------------------------------------------------------------------------------------------------------------- 4/6/01 16481 Southern California Utilities 18,437.76 Edison - ---------------------------------------------------------------------------------------------------------------- 4/6/01 16482 Staples Office Supplies 280.34 - ---------------------------------------------------------------------------------------------------------------- 4/6/01 16483 Structural Termite & Maintenance 480.00 Pest - ---------------------------------------------------------------------------------------------------------------- 4/6/01 16484 Verizon California Telephone 290.60 - ---------------------------------------------------------------------------------------------------------------- 4/6/01 16485 Waxie Sanitary Supply Janitorial Supplies 158.56 - ---------------------------------------------------------------------------------------------------------------- 4/6/01 16486 West Coast Products Repairs and Maintenance 149.50 - ---------------------------------------------------------------------------------------------------------------- 4/6/01 16487 Sony Picture Classics Co Op Advertising 46.00 - ---------------------------------------------------------------------------------------------------------------- Page 3 of 16 - ---------------------------------------------------------------------------------------------------------------- 4/6/01 16488 Airgas Concessions 123.60 - ---------------------------------------------------------------------------------------------------------------- 4/6/01 16489 Heritage Foods Concessions 785.18 - ---------------------------------------------------------------------------------------------------------------- 4/6/01 16490 Airborne Express Film Transport 361.40 - ---------------------------------------------------------------------------------------------------------------- 4/9/01 16491 Media Tech Source Projection Supplies 416.49 - ---------------------------------------------------------------------------------------------------------------- 4/9/01 16492 Airborne Express Film Transport 195.00 - ---------------------------------------------------------------------------------------------------------------- 4/10/01 16493 Bill & Vivian Becker Repairs & Maintenance 596.00 - ---------------------------------------------------------------------------------------------------------------- 4/12/01 16494 Frank Sidley Gift Cert reimburse 41.00 - ---------------------------------------------------------------------------------------------------------------- 4/12/01 16495 Van Asch Janitorial Janitorial Maintenance 937.90 - ---------------------------------------------------------------------------------------------------------------- 4/12/01 16496 MGM Films Film Rental 17,322.82 - ---------------------------------------------------------------------------------------------------------------- 4/13/01 16497 Otis Spunkmeyer Concessions 212.50 - ---------------------------------------------------------------------------------------------------------------- 4/13/01 16498 Coronado Island Marriott Gift Cert reimburse 194.00 - ---------------------------------------------------------------------------------------------------------------- 4/13/01 16499 Juan Mendez Gift Cert reimburse 22.50 - ---------------------------------------------------------------------------------------------------------------- 4/13/01 16500 Manulife Financial 401k 2,596.71 - ---------------------------------------------------------------------------------------------------------------- 4/13/01 16501 Scripps Health Gift Cert reimburse 160.00 - ---------------------------------------------------------------------------------------------------------------- 4/13/01 16502 MGM Films Film Rental 2,373.81 - ---------------------------------------------------------------------------------------------------------------- 4/18/01 16503 MGM Films Film Rental 6,200.17 - ---------------------------------------------------------------------------------------------------------------- 4/19/01 16504 A&B Carpet cleaning Maintenance 2,280.45 - ---------------------------------------------------------------------------------------------------------------- 4/19/01 16505 Airborne Express Film Transport 156.00 - ---------------------------------------------------------------------------------------------------------------- 4/19/01 16506 Armored Transport Cash Transport 660.00 - ---------------------------------------------------------------------------------------------------------------- 4/19/01 16507 Blytheco Computer Maintenance 225.00 - ---------------------------------------------------------------------------------------------------------------- 4/19/01 16508 Brake Water System Film Transport 1,182.00 - ---------------------------------------------------------------------------------------------------------------- 4/19/01 16509 City Clerk Licenses 735.13 - ---------------------------------------------------------------------------------------------------------------- 4/19/01 16510 City of Oceanside Utilities 1,653.31 - ---------------------------------------------------------------------------------------------------------------- 4/19/01 16511 City Of Riverside Utilities 12,376.59 - ---------------------------------------------------------------------------------------------------------------- 4/19/01 16512 City Of San Bernardino Security 1,212.12 - ---------------------------------------------------------------------------------------------------------------- 4/19/01 16513 Dept of Industrial Licenses and Permits 2,610.00 Relations - ---------------------------------------------------------------------------------------------------------------- 4/19/01 16514 Eastern Municipal Water Utilities 184.88 Dist - ---------------------------------------------------------------------------------------------------------------- 4/19/01 16515 Don Harnois Reimbursement 321.75 - ---------------------------------------------------------------------------------------------------------------- 4/19/01 16516 Inland Lighting Supplies Operating Supplies 153.84 - ---------------------------------------------------------------------------------------------------------------- 4/19/01 16517 Murphy's Printing Office Supplies 7,206.53 - ---------------------------------------------------------------------------------------------------------------- 4/19/01 16518 North County Times Advertising 4,796.08 - ---------------------------------------------------------------------------------------------------------------- 4/19/01 16519 Pacific Bell Telephone 656.51 - ---------------------------------------------------------------------------------------------------------------- 4/19/01 16520 Paramount Pictures Co Op Advertising 773.00 - ---------------------------------------------------------------------------------------------------------------- 4/19/01 16521 The Press Enterprise Advertising 17,600.31 - ---------------------------------------------------------------------------------------------------------------- 4/19/01 16522 Prudential Insurance 5,099.37 - ---------------------------------------------------------------------------------------------------------------- 4/19/01 16523 Prudential Insurance 632.44 - ---------------------------------------------------------------------------------------------------------------- 4/19/01 16524 San Bernardino County Sun Advertising 8,205.13 - ---------------------------------------------------------------------------------------------------------------- 4/19/01 16525 Sky Courier Film Transport 36.40 - ---------------------------------------------------------------------------------------------------------------- 4/19/01 16526 Southern California Utilities 13,678.18 Edison - ---------------------------------------------------------------------------------------------------------------- 4/19/01 16527 Structural Termite & Maintenance 255.00 Pest - ---------------------------------------------------------------------------------------------------------------- 4/19/01 16528 Union Tribune Advertising 755.20 - ---------------------------------------------------------------------------------------------------------------- 4/19/01 16529 United Handicap Assembled Office Supplies 203.18 - ---------------------------------------------------------------------------------------------------------------- 4/19/01 16530 Waxie Sanitary Supply Janitorial Supplies 5,231.11 - ---------------------------------------------------------------------------------------------------------------- 4/19/01 16531 Western Municipal Water Utilities 338.69 - ---------------------------------------------------------------------------------------------------------------- 4/19/01 16532 Airgas Concessions 50.00 - ---------------------------------------------------------------------------------------------------------------- 4/23/01 16533 CinemaStar Luxury Petty Cash 611.88 - ---------------------------------------------------------------------------------------------------------------- Page 4 of 16 - ---------------------------------------------------------------------------------------------------------------- Theaters - ---------------------------------------------------------------------------------------------------------------- 4/27/01 16534 Airborne Express Film Transport 382.20 - ---------------------------------------------------------------------------------------------------------------- 4/27/01 16535 California Choice Benefit Emp. Benefits 1,600.00 - ---------------------------------------------------------------------------------------------------------------- 4/27/01 16536 Inland Lighting Supplies Operating Supplies 378.40 - ---------------------------------------------------------------------------------------------------------------- 4/27/01 16537 Manulife Financial 401k 1,173.69 - ---------------------------------------------------------------------------------------------------------------- 4/27/01 16538 Sky Courier Film Transport 127.40 - ---------------------------------------------------------------------------------------------------------------- 4/27/01 16539 MGM Films Film Rental 7,444.19 - ---------------------------------------------------------------------------------------------------------------- TOTAL 217,795.39 - ---------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------- WIRE TRANSFERS - ---------------------------------------------------------------------------------------------------------------- 4-Apr 176 20th Century Fox Film Rental 1,146.46 - ---------------------------------------------------------------------------------------------------------------- 4-Apr 177 Buena Vista Film Rental 3,197.35 - ---------------------------------------------------------------------------------------------------------------- 4-Apr 178 Dreamworks Film Rental 6,274.58 - ---------------------------------------------------------------------------------------------------------------- 4-Apr 179 Miramax Film Rental 3,376.51 - ---------------------------------------------------------------------------------------------------------------- 4-Apr 180 Newline Film Rental 3,525.47 - ---------------------------------------------------------------------------------------------------------------- 4-Apr 181 Paramount Film Rental 21,867.77 - ---------------------------------------------------------------------------------------------------------------- 4-Apr 182 Sony Classics Film Rental 2,430.46 - ---------------------------------------------------------------------------------------------------------------- 4-Apr 183 USA/Gramercy Film Rental 2,308.73 - ---------------------------------------------------------------------------------------------------------------- 4-Apr 184 Warner Film Rental 28,700.01 - ---------------------------------------------------------------------------------------------------------------- 185 March [Concession pmt] - - ---------------------------------------------------------------------------------------------------------------- 5-Apr 186 Pepsi Concessions 2,291.25 - ---------------------------------------------------------------------------------------------------------------- 5-Apr 187 Metro Concessions 5,465.69 - ---------------------------------------------------------------------------------------------------------------- 9-Apr 188 Bay Park Moving UV10 Moving 6,224.50 - ---------------------------------------------------------------------------------------------------------------- 9-Apr 189 Sky Trucking UV10 Moving 1,500.00 - ---------------------------------------------------------------------------------------------------------------- 9-Apr 190 J&S Leasing UV10 Moving 2,800.00 - ---------------------------------------------------------------------------------------------------------------- 11-Apr 191 20th Century Fox Film Rental 3,264.15 - ---------------------------------------------------------------------------------------------------------------- 11-Apr 192 Buena Vista Film Rental 1,483.27 - ---------------------------------------------------------------------------------------------------------------- 11-Apr 193 Dreamworks Film Rental 3,287.13 - ---------------------------------------------------------------------------------------------------------------- 11-Apr 194 Miramax Film Rental 2,214.67 - ---------------------------------------------------------------------------------------------------------------- 11-Apr 195 Newline Film Rental 1,387.06 - ---------------------------------------------------------------------------------------------------------------- 11-Apr 196 Paramount Film Rental 10,875.31 - ---------------------------------------------------------------------------------------------------------------- 11-Apr 197 Sony Classics Film Rental 3,466.82 - ---------------------------------------------------------------------------------------------------------------- 11-Apr 198 Gramercy Film Rental 1,920.08 - ---------------------------------------------------------------------------------------------------------------- 11-Apr 199 Warner Bros. Film Rental 12,443.45 - ---------------------------------------------------------------------------------------------------------------- 13-Apr 200 Sony Columbia Film Rental 4,909.00 - ---------------------------------------------------------------------------------------------------------------- 13-Apr 201 Universal Film Rental 112,452.69 - ---------------------------------------------------------------------------------------------------------------- 13-Apr 202 Warner Film Rental 25,516.84 - ---------------------------------------------------------------------------------------------------------------- 13-Apr 203 20th Century Fox Film Rental 205,291.44 - ---------------------------------------------------------------------------------------------------------------- 13-Apr 204 Buena Vista Film Rental 97,047.07 - ---------------------------------------------------------------------------------------------------------------- 13-Apr 205 Dreamworks Film Rental 6,174.00 - ---------------------------------------------------------------------------------------------------------------- 13-Apr 206 Miramax Film Rental 36,894.36 - ---------------------------------------------------------------------------------------------------------------- 13-Apr 207 Newline Film Rental 6,766.68 - ---------------------------------------------------------------------------------------------------------------- 13-Apr 208 Paramount Film Rental 96,166.47 - ---------------------------------------------------------------------------------------------------------------- 13-Apr 209 Metro Concessions 8,139.67 - ---------------------------------------------------------------------------------------------------------------- 13-Apr 210 Pepsi Concessions 3,097.92 - ---------------------------------------------------------------------------------------------------------------- 13-Apr 211 Metro Concessions 32,000.00 - ---------------------------------------------------------------------------------------------------------------- 6-Apr 212 Sony [deposit for Joe Film Rental 25,500.00 Dirt] - ---------------------------------------------------------------------------------------------------------------- 18-Apr 213 VSP Emp. Benefit 505.00 - ---------------------------------------------------------------------------------------------------------------- 18-Apr 214 California Choice Benefit Insurance 8,100.00 - ---------------------------------------------------------------------------------------------------------------- 18-Apr 215 20th Century Fox Film Rental 11,253.68 - ---------------------------------------------------------------------------------------------------------------- Page 5 of 16 - ---------------------------------------------------------------------------------------------------------------- 18-Apr 216 Buena Vista Film Rental 681.38 - ---------------------------------------------------------------------------------------------------------------- 18-Apr 217 Dreamworks Film Rental 1,626.89 - ---------------------------------------------------------------------------------------------------------------- 18-Apr 218 Miramax Film Rental 32,017.98 - ---------------------------------------------------------------------------------------------------------------- 18-Apr 219 Newline Film Rental 638.85 - ---------------------------------------------------------------------------------------------------------------- 18-Apr 220 Paramount Classics Film Rental 346.91 - ---------------------------------------------------------------------------------------------------------------- 18-Apr 221 Paramount Film Rental 8,288.04 - ---------------------------------------------------------------------------------------------------------------- 18-Apr 222 Sony Classics Film Rental 2,386.04 - ---------------------------------------------------------------------------------------------------------------- 18-Apr 223 Gramercy Film Rental 2,222.70 - ---------------------------------------------------------------------------------------------------------------- 18-Apr 224 Warner Bros. Film Rental 5,379.97 - ---------------------------------------------------------------------------------------------------------------- 18-Apr 225 Pepsi Concessions 4,288.22 - ---------------------------------------------------------------------------------------------------------------- 18-Apr 226 Metro Concessions 8,615.38 - ---------------------------------------------------------------------------------------------------------------- 26-Apr 227 20th Century Fox Film Rental 5,468.01 - ---------------------------------------------------------------------------------------------------------------- 26-Apr 228 Buena Vista Film Rental 3,855.14 - ---------------------------------------------------------------------------------------------------------------- 26-Apr 229 Dreamworks Film Rental 142.80 - ---------------------------------------------------------------------------------------------------------------- 26-Apr 230 Miramax Film Rental 31,672.95 - ---------------------------------------------------------------------------------------------------------------- 26-Apr 231 Newline Film Rental 22,024.79 - ---------------------------------------------------------------------------------------------------------------- 26-Apr 232 Paramount Film Rental 32,113.57 - ---------------------------------------------------------------------------------------------------------------- 26-Apr 233 Sony Classics Film Rental 1,866.91 - ---------------------------------------------------------------------------------------------------------------- 26-Apr 234 Gramercy/USA Film Rental 1,895.70 - ---------------------------------------------------------------------------------------------------------------- 26-Apr 235 Warner Film Rental 19,980.54 - ---------------------------------------------------------------------------------------------------------------- 23-Apr 236 Warner (advance on Film Rental 20,000.00 "Driven") - ---------------------------------------------------------------------------------------------------------------- 26-Apr 237 Metro Concessions 8,456.36 - ---------------------------------------------------------------------------------------------------------------- 26-Apr 238 Pepsi Concessions 3,234.19 - ---------------------------------------------------------------------------------------------------------------- TOTAL 1,028,468.86 - ---------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------- DIRECT DEBITS TO UNION BANK OF CALIFORNIA ACCT # 0700494381 - ---------------------------------------------------------------------------------------------------------------- 9-Apr Bank Charges 21.00 - ---------------------------------------------------------------------------------------------------------------- 25-Apr Trf - pmt of State Tax 9,799.00 - ---------------------------------------------------------------------------------------------------------------- 25-Apr Bank Charges 557.67 - ---------------------------------------------------------------------------------------------------------------- 30-Apr Credit Card Fees 2,500.05 - ---------------------------------------------------------------------------------------------------------------- 30-Apr Merchant Deposit Adjustments -74.50 - ---------------------------------------------------------------------------------------------------------------- TOTAL 12,803.22 - ---------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------- TRANSFERS TO PAYROLL ACCOUNT - ---------------------------------------------------------------------------------------------------------------- 5-Apr UBOC Acct. # 07007494365 April 13 Payroll Run 85,000.00 - ---------------------------------------------------------------------------------------------------------------- 10-Apr UBOC Acct. # 07007494365 April 13 Payroll Run 15,000.00 - ---------------------------------------------------------------------------------------------------------------- 27-Apr UBOC Acct. # 07007494365 April 27 Payroll Run 85,000.00 - ---------------------------------------------------------------------------------------------------------------- TOTAL 185,000.00 - ---------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------- TOTAL ACCOUNTS PAYABLE DISBURSEMENTS 1,444,067.47 - ---------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------
Page 6 of 16 I. CASH RECEIPTS AND DISBURSEMENTS (Continued) B. (PAYROLL ACCOUNT) - --------------------------------------------------------------------------------------- --------------------- 1. TOTAL RECEIPTS PER ALL PRIOR PAYROLL ACCOUNT REPORTS 575,535.93 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 2. LESS: TOTAL DISBURSEMENTS PER ALL PRIOR PAYROLL ACCOUNT REPORTS 645,132.16 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 3. BEGINNING BALANCE (67,071.01) - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 4. RECEIPTS DURING CURRENT PERIOD 185,000.00 - --------------------------------------------------------------------------------------- --------------------- TRANSFERRED FROM GENERAL ACCOUNT - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 5. BALANCE: 117,928.99 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 6. LESS: TOTAL DISBURSEMENTS DURING CURRENT PERIOD 178,245.63 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 7. ENDING BALANCE (60,316.64) - --------------------------------------------------------------------------------------- ---------------------
- ------------------------------------------------------- ----------------------------------------------------- 8. PAYROLL ACCOUNT NUMBER 07007494365 - ------------------------------------------------------- ----------------------------------------------------- DEPOSITORY NAME AND LOCATION Union Bank of California - ------------------------------------------------------------------------------------------------------------- 445 South Figueroa St., Los Angeles, CA 90051 - -------------------------------------------------------------------------------------------------------------
Page 7 of 16 TOTAL DISBURSEMENTS DURING CURRENT PERIOD (Payroll Account) - ---------------------------------------------------------------------------------------------------------------------------- APRIL 13, 2001 PAYROLL RUN - SUMMARY OF EXPENSE - ---------------------------------------------------------------------------------------------------------------------------- Wages Earned - Normal Recurring 58,932.93 - ---------------------------------------------------------------------------------------------------------------------------- Wages Earned - Adjustments & Voids 2,125.46 - ---------------------------------------------------------------------------------------------------------------------------- Wage Garnishments 27.23 - ---------------------------------------------------------------------------------------------------------------------------- Federal Income Taxes 7,645.31 - ---------------------------------------------------------------------------------------------------------------------------- Social Security 9,609.35 - ---------------------------------------------------------------------------------------------------------------------------- Medicare 2,247.25 - ---------------------------------------------------------------------------------------------------------------------------- State Unemployment Taxes - Employer 1,483.50 - ---------------------------------------------------------------------------------------------------------------------------- Federal Unemployment Taxes 382.84 - ---------------------------------------------------------------------------------------------------------------------------- State Unemployment Taxes - Employee 697.48 - ---------------------------------------------------------------------------------------------------------------------------- State Income Taxes 1,474.29 - ---------------------------------------------------------------------------------------------------------------------------- 84,625.64 - ---------------------------------------------------------------------------------------------------------------------------- April 13, 2001 Payroll Run - Summary of Disbursements - ---------------------------------------------------------------------------------------------------------------------------- ADP Checks Issued [Net salary, plus tax, less manual] 82,500.18 - ---------------------------------------------------------------------------------------------------------------------------- Manual Checks, etc. 2,125.46 - ---------------------------------------------------------------------------------------------------------------------------- TOTAL 84,625.64 - ---------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------------- APRIL 27, 2001 PAYROLL RUN - SUMMARY OF EXPENSE - ---------------------------------------------------------------------------------------------------------------------------- Wages Earned - Normal Recurring 65,519.81 - ---------------------------------------------------------------------------------------------------------------------------- Wages Earned - Adjustments & Voids 952.19 - ---------------------------------------------------------------------------------------------------------------------------- Wage Garnishments 27.23 - ---------------------------------------------------------------------------------------------------------------------------- Federal Income Taxes 8,418.97 - ---------------------------------------------------------------------------------------------------------------------------- Social Security 10,620.65 - ---------------------------------------------------------------------------------------------------------------------------- Medicare 2,483.89 - ---------------------------------------------------------------------------------------------------------------------------- State Unemployment Taxes - Employer 1,699.00 - ---------------------------------------------------------------------------------------------------------------------------- Federal Unemployment Taxes 438.45 - ---------------------------------------------------------------------------------------------------------------------------- State Unemployment Taxes - Employee 770.84 - ---------------------------------------------------------------------------------------------------------------------------- State Income Taxes 1,490.32 - ---------------------------------------------------------------------------------------------------------------------------- 92,421.35 - ---------------------------------------------------------------------------------------------------------------------------- April 27, 2001 Payroll Run - Summary of Disbursements - ---------------------------------------------------------------------------------------------------------------------------- ADP Checks Issued [Net salary, plus tax, less manual] 91,469.17 - ---------------------------------------------------------------------------------------------------------------------------- Manual Checks Issued 952.19 - ---------------------------------------------------------------------------------------------------------------------------- TOTAL 92,421.36 - ---------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------------- Bank and ADP charges and fees 1,198.63 1,198.63 - ---------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------------- TOTAL PAYROLL ACCOUNT DISBURSEMENTS 178,245.63 - ---------------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------
Page 8 of 16 I. CASH RECEIPTS AND DISBURSEMENTS (Continued) B. (TAX ACCOUNT) - --------------------------------------------------------------------------------------- --------------------- 1. TOTAL RECEIPTS PER ALL PRIOR TAX ACCOUNT REPORTS 25,000.00 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 2. LESS: TOTAL DISBURSEMENTS PER ALL PRIOR TAX ACCOUNT REPORTS 24,903.29 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 3. BEGINNING BALANCE 96.71 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 4. RECEIPTS DURING CURRENT PERIOD - --------------------------------------------------------------------------------------- --------------------- TRANSFERRED FROM GENERAL ACCOUNT 15,000.00 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 5. BALANCE: 15,096.71 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 6. LESS: TOTAL DISBURSEMENTS DURING CURRENT PERIOD - --------------------------------------------------------------------------------------- --------------------- Date: 2/23/01, To: CA State Board of Equalization 9,799.00 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- TOTAL DISBURSEMENTS THIS PERIOD 9,799.00 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 7. ENDING BALANCE 5,297.71 - --------------------------------------------------------------------------------------- ---------------------
- ------------------------------------------------------- ----------------------------------------------------- 8. TAX ACCOUNT NUMBER 02180038712 - ------------------------------------------------------- ----------------------------------------------------- DEPOSITORY NAME AND LOCATION Union Bank of California - ------------------------------------------------------- ----------------------------------------------------- 445 South Figueroa St., Los Angeles, CA 90051 - ------------------------------------------------------------------------------------------------------------- - -------------------------------------------------------------------------------------------------------------------
D. SUMMARY SCHEDULE OF CASH - --------------------------------------------------------------------------------------- --------------------- ENDING BALANCE FOR PERIOD - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- GENERAL ACCOUNT (523,182.51) - --------------------------------------------------------------------------------------- --------------------- PAYROLL ACCOUNT (60,316.64) - --------------------------------------------------------------------------------------- --------------------- TAX ACCOUNT 5,297.71 - --------------------------------------------------------------------------------------- --------------------- OTHER ACCOUNTS *: 1,388,517.83 - --------------------------------------------------------------------------------------- --------------------- OTHER MONIES *: 0.00 - --------------------------------------------------------------------------------------- --------------------- PETTY CASH ** 0.00 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- TOTAL CASH AVAILABLE 810,316.39 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- ---------------------
* SPECIFY THE FUND AND THE TYPE OF HOLDING (I.E., CD, SAVINGS ACCOUNT, INVESTMENT SECURITIES, ETC.) AND THE DEPOSITORY NAME, LOCATION, AND ACCOUNT NUMBER ** ATTACH EXHIBIT ITEMIZING ALL PETTY CASH TRANSACTIONS NOTE: ATTACH COPIES OF ALL MONTHLY ACCOUNTS FROM FINANCIAL INSTITUTIONS FOR EACH ACCOUNT Page 9 of 16 OTHER ACCOUNTS (SUPPLEMENT TO SCHEDULE I.D.)
- ---------------------------------------------------------------- --------------------- ---------------------- BANK / ACCOUNT TYPE Account # Balance - ---------------------------------------------------------------- --------------------- ---------------------- - ---------------------------------------------------------------- --------------------- ---------------------- BANK OF AMERICA - ---------------------------------------------------------------- --------------------- ---------------------- Master Concentration 14501-09188 0.00 - ---------------------------------------------------------------- --------------------- ---------------------- Merchant 14501-09189 0.00 - ---------------------------------------------------------------- --------------------- ---------------------- Moviefone 14502-09192 0.00 - ---------------------------------------------------------------- --------------------- ---------------------- - ---------------------------------------------------------------- --------------------- ---------------------- UNION BANK OF CALIFORNIA - ---------------------------------------------------------------- --------------------- ---------------------- Master Concentration 0700494-349 1,245,653.93 - ---------------------------------------------------------------- --------------------- ---------------------- FOB Cinemastar Luxury Cinemas, Inc. 0700494-373 3,378.70 - ---------------------------------------------------------------- --------------------- ---------------------- Merchant 0700494-357 139,485.20 - ---------------------------------------------------------------- --------------------- ---------------------- Moviefone 0700494-146 0.00 - ---------------------------------------------------------------- --------------------- ---------------------- - ---------------------------------------------------------------- --------------------- ---------------------- Total 1,388,517.83 - ---------------------------------------------------------------- --------------------- ---------------------- - ---------------------------------------------------------------- --------------------- ----------------------
Page 10 of 16 II. STATUS OF PAYMENTS TO SECURED CREDITORS, LESSORS, AND OTHER PARTIES TO EXECUTORY CONTRACTS
- --------------------------------------------------------------------------------------------------------------------- CREDITOR, LESSOR, ETC. FREQUENCY OF PAYMENTS AMOUNT OF PAYMENT POST-PETITION TOTAL DUE (Mo./Qtr.) PAYMENTS NOT MADE (NUMBER) - --------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------- Oceanside Mission Market Monthly $57,678.10 0 $0.00 Place (Lessor MM 13 Theater) - --------------------------------------------------------------------------------------------------------------------- Coudres Family Ptrship Monthly $35,740.55 0 $0.00 (Lessor PR 10 Theater) - --------------------------------------------------------------------------------------------------------------------- MDA - San Bernardino Monthly $96,851.61 0 $0.00 (Lessor SB20 Thtr) - --------------------------------------------------------------------------------------------------------------------- Mission Grove Theater Monthly $89,050.40 0 $0.00 Properties I&II (Lessor MG 18 Theater) - --------------------------------------------------------------------------------------------------------------------- United Title Company Monthly $4,983.40 0 $0.00 (Lessor - Corp Offices) - --------------------------------------------------------------------------------------------------------------------- Union Bank of California Monthly $57,472.22 0 $0.00 ($2,000,000 loan, principal and interest) - --------------------------------------------------------------------------------------------------------------------- Midland Loan Services Monthly $17,646.36 4 $17,646.36 (Mortgage Note on Chula Vista Property) - --------------------------------------------------------------------------------------------------------------------- Union Bank of California Monthly $646.80 0 $0.00 (Auto Lease) - ---------------------------------------------------------------------------------------------------------------------
III. TAX LIABILITIES - ------------------------------------------------------------------------------------ ------------------------ FOR THE REPORTING PERIOD: - ------------------------------------------------------------------------------------ ------------------------ GROSS SALES SUBJECT TO SALES TAX 125,648.99 - ------------------------------------------------------------------------------------ ------------------------ TOTAL WAGES PAID 173,914.88 - ------------------------------------------------------------------------------------ ------------------------
- --------------------------------------- ----------------------- ---------------------- ---------------------- TOTAL POST-PETITION AMOUNT DELINQUENT DATE DELINQUENT AMOUNTS OWING AMOUNT DUE - --------------------------------------- ----------------------- ---------------------- ---------------------- - --------------------------------------- ----------------------- ---------------------- ---------------------- FEDERAL WITHHOLDING - --------------------------------------- ----------------------- ---------------------- ---------------------- STATE WITHHOLDING - --------------------------------------- ----------------------- ---------------------- ---------------------- FICA-EMPLOYER'S SHARE - --------------------------------------- ----------------------- ---------------------- ---------------------- FICA - EMPLOYEE'S SHARE - --------------------------------------- ----------------------- ---------------------- ---------------------- FEDERAL UNEMPLOYMENT - --------------------------------------- ----------------------- ---------------------- ---------------------- STATE WITHHOLDING - --------------------------------------- ----------------------- ---------------------- ---------------------- SALES AND USE 9,423.66 0.00 - --------------------------------------- ----------------------- ---------------------- ---------------------- REAL PROPERTY 17,445.59 17,445.59 4/10/01 - --------------------------------------- ----------------------- ---------------------- ---------------------- OTHER (SPECIFY) - --------------------------------------- ----------------------- ---------------------- ---------------------- - --------------------------------------- ----------------------- ---------------------- ---------------------- TOTAL 26,869.25 17,445.59 - --------------------------------------- ----------------------- ---------------------- ----------------------
Page 11 of 16 IV. AGING OF ACCOUNTS PAYABLE AND ACCOUNTS RECEIVABLE
- ---------------------------- ------------------------------- ------------------------------------------------ ACCOUNTS RECEIVABLE ACCOUNTS PAYABLE * ------------------------ ----------------------- (POST-PETITION ONLY) Pre-Petition Post-Petition - ---------------------------- ------------------------------- ------------------------ ----------------------- 30 days or less 93,646.36 - ---------------------------- ------------------------------- ------------------------ ----------------------- 31-60 days 15,430.68 - ---------------------------- ------------------------------- ------------------------ ----------------------- 61-90 days - ---------------------------- ------------------------------- ------------------------ ----------------------- 91-120 days - ---------------------------- ------------------------------- ------------------------ ----------------------- Over 120 days - ---------------------------- ------------------------------- ------------------------ ----------------------- TOTALS: 109,077.04 - ---------------------------- ------------------------------- ------------------------ -----------------------
V. INSURANCE COVERAGE
- ----------------------- --------------------- -------------------- --------------------- -------------------- NAME OF CARRIER AMOUNT OF COVERAGE POLICY EXPIRATION PREMIUM PAID DATE THROUGH: - ----------------------- --------------------- -------------------- --------------------- -------------------- General Liability Royal Insurance of $2,000,000 10/14/01 5/14/01 America - ----------------------- --------------------- -------------------- --------------------- -------------------- Umbrella Liability St. Paul's $10,000,000 10/14/01 5/14/01 Insurance Company - ----------------------- --------------------- -------------------- --------------------- -------------------- Automobile Liability Royal Insurance of $1,000,000 10/14/01 5/14/01 America - ----------------------- --------------------- -------------------- --------------------- -------------------- Directors & Officers National Union Fire $5,000,000 6/20/01 5/14/01 Liability Insurance Company - ----------------------- --------------------- -------------------- --------------------- -------------------- Workers Compensation State (of CA) Variable n/a 5/14/01 Compensation Insurance Fund - ----------------------- --------------------- -------------------- --------------------- -------------------- Property Royal Insurance of $35,212,960 10/14/01 5/14/01 America - ----------------------- --------------------- -------------------- --------------------- -------------------- Vacant Property Royal Indemnity $1,500,000 12/14/01 5/14/01 Company - ----------------------- --------------------- -------------------- --------------------- -------------------- Foreign Package ACE USA $1,000,000 10/15/01 5/14/01 - ----------------------- --------------------- -------------------- --------------------- --------------------
VI. UNITED STATES TRUSTEE QUARTERLY FEES (TOTAL PAYMENTS)
- ------------------- ------------------- --------------- ----------------- ----------------- ----------------- Qtrly Period Total Qtrly Fees Date Paid Amount Paid Qtrly Fee Still Ending Disbursements Owing - ------------------- ------------------- --------------- ----------------- ----------------- ----------------- 3/31/01 3,552,815.00 8,000.00 5/17/01 8,000.00 0.00 - ------------------- ------------------- --------------- ----------------- ----------------- ----------------- - ------------------- ------------------- --------------- ----------------- ----------------- ----------------- - ------------------- ------------------- --------------- ----------------- ----------------- -----------------
* POST-PETITION ACCOUNTS PAYABLE SHOULD NOT INCLUDE PROFESSIONALS' FEES AND EXPENSES WHICH HAVE BEEN INCURRED BUT NOT YET AWARDED BY THE COURT. POST-PETITION ACCOUNTS PAYABLE SHOULD INCLUDE PROFESSIONALS' FEES AND EXPENSES AUTHORIZED BY COURT ORDER BUT WHICH REMAIN UNPAID AS OF THE CLOSE OF THE PERIOD OF THE REPORT. Page 12 of 16 VII. PROFIT AND LOSS STATEMENT (ACCRUAL BASIS ONLY)
Cumulative Current Month Post-Petition --------------- ----------------- Admission Revenue 793,876 3,453,391 Concession Revenue 313,506 1,325,310 Video Revenue 18,236 70,929 Screen Advertising 8,333 30,460 Other Revenues 1,727 8,468 - --------------------------------------------------------------------------- Theater Revenue 1,135,678 4,888,558 Film Rental Expense 395,378 1,720,441 Concession COGS 47,199 192,136 - --------------------------------------------------------------------------- Theater Cost of Goods Sold 442,577 1,912,577 - --------------------------------------------------------------------------- Theater Gross Margin 693,101 2,975,981 - --------------------------------------------------------------------------- Salaries 125,683 501,064 Payroll Taxes 14,012 57,225 Rent Expense 268,118 1,195,483 CAM Expense 30,135 127,210 Utility Expense 63,190 255,667 Advertising Expense 21,708 80,283 Co-op Advertising Expense 2,281 17,156 Repairs & Maint Expense 11,434 52,606 Janitorial Services 18,252 90,655 Janitorial Supplies Expense 8,730 24,035 Insurance Expense 11,580 69,410 Property Taxes 27,325 112,983 Security Expense 2,709 18,308 Travel & Entertainment 351 1,581 Vehicle Expense 0 0 Supplies Expense 14,915 32,696 Banking Fees 3,222 25,799 Equipment Rental Expense 1,458 5,450 Outside Services Expense 7 1,507 Other Theater Expense 7,546 37,311 Pre-Opening Expense 0 0 - --------------------------------------------------------------------------- Theater Operating Expenses 632,653 2,706,429 - --------------------------------------------------------------------------- Operating Income 60,448 269,552 - --------------------------------------------------------------------------- General & Administrative Expens 57,791 363,303 Deprec & Amortization 209,927 874,858 Interest Expense 45,618 191,855 Interest/Dividend Income (0) (16,905) Taxes 482 1,925 Non-Recurring Income/Expense 0 (90,000) - --------------------------------------------------------------------------- Non-Operating (Income)/Expense 313,818 1,325,036 - --------------------------------------------------------------------------- Net Income (253,370) (1,055,484) ===========================================================================
Page 13 of 16 VIII. BALANCE SHEET (ACCRUAL BASIS ONLY)
Current Month End ----------------- Cash 1,469,373 Accts Receivable (13,109) Conc Inventory 36,281 Concession Rebates 8,091 Supplies Inventory 9,777 Prepaids 528,644 - -------------------------------------------------------------------------- Current Assets 2,039,056 Fixed Assets 24,490,280 Accumulated Depreciation (13,341,948) - -------------------------------------------------------------------------- Net Fixed Assets 11,148,332 Deposits-Leases 43,789 Deposits-Concession 965 Deposits 200 Investment CLT SA de CV 22,875 Investment in Mexico 339,643 Goodwill - Mexico (136,089) - -------------------------------------------------------------------------- Other Assets 271,383 - ------------------------------------------------------------------------- Assets 13,458,770 ========================================================================== Accounts Payable 2,202,841 Accrued Payroll 236,312 Other Accruals 651,654 Deferred Revenue 473,835 Concession Advances 38,900 Short Term Notes Payable 0 - -------------------------------------------------------------------------- Current Liabilities 3,603,542 Capital Leases (10,401) Credit Facility Debt 2,210,000 Notes Payable 1,717,721 - -------------------------------------------------------------------------- Debt and Capital Leases 3,917,321 Deferred Rent Accrual 4,170,530 Intercompany Accounts 2,263,755 - -------------------------------------------------------------------------- Long-Term Liabilities 6,434,285 Common Stock 62,892 Additional Paid In Capital 29,642,292 Treasury Stock 0 Retained Earnings (26,278,047) Current Year Retained Earnings (3,923,514) Current Year Dividends 0 - -------------------------------------------------------------------------- Shareholders' Equity (496,377) - -------------------------------------------------------------------------- Liabilities & Equity 13,458,770 ==========================================================================
Page 14 of 16 STATEMENT OF CASH FLOWS (Supplement to Balance Sheet)
Current Month ------------- CASH FLOW FROM OPERATIONS Net Income / (Loss) (255,032) Depreciation & Amortization 209,927 Non-Cash Interest Expense 0 Deferred Rent 13,950 Changes in Operating Assets & Liabilities: Change in Current Assets (24,840) Change in Other Assets 0 Change in Accounts Payable (259,526) Change in Other Liabilities 106,617 - ----------------------------------------------------------------------------- Net Cash Provided By / (Used In) Operations (208,905) CASH FLOW FROM INVESTING ACTIVITIES Purchase of Property 0 Sale of Property 0 - ----------------------------------------------------------------------------- Net Cash Provided By / (Used In) Investing Activities 0 CASH FLOW FROM FINANCING ACTIVITIES Payment of Debt & Capital Lease Obligations (35,000) Proceeds from Debt Issuance / Drawdown 0 Proceeds from Issuance of Common Stock 0 - ----------------------------------------------------------------------------- Net Cash Provided By / (Used In) Financing Activities (35,000) - ----------------------------------------------------------------------------- Net Increase / (Decrease) in Cash (243,905) - ----------------------------------------------------------------------------- Beginning of Period Cash Balance 1,713,278 - ----------------------------------------------------------------------------- - ----------------------------------------------------------------------------- End of Period Cash Balance 1,469,373 =============================================================================
Page 15 of 16 IX. QUESTIONNAIRE 1. Has the debtor-in-possession made any payments on its pre-petition unsecured debt, except as has been authorized by the court? No X Yes Explain: 2. Has the debtor-in-possession during this reporting period provided compensation or remuneration to any officers, directors, principals or other insiders without appropriate authorization? No X Yes Amount, to whom, and for what period: 3. State what progress was made during the reporting period toward filing a plan of reorganization: n/a 4. Describe potential future events which may have a significant impact on the case. 5. Attach copies of all Orders granting relief from the automatic stay that were entered during the reporting period. 6. Did you receive any exempt income this month, which is not set forth in the operating report? No X Yes If yes, please set forth the amounts and the source of the income. I, DONALD H. HARNOIS, JR., CHIEF FINANCIAL OFFICER, declare under penalty of perjury that I have fully read and understood the foregoing debtor-in-possession operating report and that the information contained herein is true and complete to the best of my knowledge. Date: May 17, 2001 s/ Donald H. Harnois, Jr. ------------------------------------- Principal for debtor-in-possession EX-99.5 6 a2054189zex-99_5.txt EXHIBIT 99.5 EXHIBIT 99.5 Christopher Celentino, State Bar # 131688 Luce, Forward, Hamilton & Scripps, LLP 600 West Broadway, Suite 2600 San Diego, CA 92101 Attorney for Debtor-In-Possession UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF CALIFORNIA In Re: CinemaStar Luxury Theaters, Inc., Debtor(s) CASE NUMBER: 01-00110-JM11 CHAPTER 11 DEBTOR-IN-POSSESSION MONTHLY OPERATING REPORT FOR THE MONTH OF: MAY 2001 TO: THE HONORABLE JUDGE MYERS UNITED STATES BANKRUPTCY JUDGE The Debtor-In-Possession hereby files its Monthly Operating Report pursuant to the United States Trustee's Operating and Reporting Requirements for Chapter 11 cases. DATED: June 17, 2001 s/ Christopher Celentino ----------------------------------- Attorney for Debtor-In-Possession Page 1 of 17 - ---------------------------------------------------------------------------- UNITED STATES DEPARTMENT OF JUSTICE OFFICE OF THE UNITED STATES TRUSTEE SOUTHERN DISTRICT OF CALIFORNIA - ---------------------------------------------------------------------------- In Re: CinemaStar Luxury Theaters, Inc., Debtor(s) CHAPTER 11 (BUSINESS) CASE NO. 01-00110-JM11 OPERATING REPORT NO. 5 FOR THE MONTH ENDING: MAY 31, 2001 I. CASH RECEIPTS AND DISBURSEMENTS A. (GENERAL ACCOUNT *) - --------------------------------------------------------------------------------------- --------------------- 1. TOTAL RECEIPTS PER ALL PRIOR GENERAL ACCOUNT REPORTS 4,629,459.78 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 2. LESS: TOTAL DISBURSEMENTS PER ALL PRIOR GENERAL ACCOUNT REPORTS 5,152,642.29 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 3. BEGINNING BALANCE (523,182.51) - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 4. RECEIPTS DURING CURRENT PERIOD - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- ACCOUNTS RECEIVABLE - PRE-FILING 0.00 - --------------------------------------------------------------------------------------- --------------------- ACCOUNTS RECEIVABLE - POST-FILING 0.00 - --------------------------------------------------------------------------------------- --------------------- GENERAL SALES 1,626,045.50 - --------------------------------------------------------------------------------------- --------------------- OTHER (SPECIFY) Advanced ticket sales, Mexico mgmnt fees 51,899.57 - --------------------------------------------------------------------------------------- --------------------- OTHER ** (SPECIFY) 0.00 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- TOTAL RECEIPTS THIS PERIOD 1,677,945.07 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 5. BALANCE: 1,154,762.56 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 6. LESS: TOTAL DISBURSEMENTS DURING CURRENT PERIOD 1,543,790.92 - --------------------------------------------------------------------------------------- --------------------- (Total from Page 2) - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 7. ENDING BALANCE (389,028.36) - --------------------------------------------------------------------------------------- ---------------------
- ------------------------------------------------------- ----------------------------------------------------- 8. GENERAL ACCOUNT NUMBER 07007494381 - ------------------------------------------------------- ----------------------------------------------------- DEPOSITORY NAME AND LOCATION Union Bank of California - ------------------------------------------------------------------------------------------------------------- 445 South Figueroa St., Los Angeles, CA 90051 - -------------------------------------------------------------------------------------------------------------
* ALL RECEIPTS MUST BE DEPOSITED INTO THE GENERAL ACCOUNT ** INCLUDE THE RECEIPTS FROM THE SALE OF ANY REAL OR PERSONAL PROPERTY OUT OF THE ORDINARY COURSE OF BUSINESS; ATTACH AN EXHIBIT SPECIFYING WHAT WAS SOLD, TO WHOM, TERMS, AND DATE OF COURT ORDER OR REPORT OF SALE. Page 2 of 17 TOTAL DISBURSEMENTS DURING CURRENT PERIOD (General Account)
- ----------------------------------------------------------------------------------------------------------------- DATE CHECK # PAYEE PURPOSE AMOUNT - ----------------------------------------------------------------------------------------------------------------- CHECKS - ----------------------------------------------------------------------------------------------------------------- 5/1/01 16540 Coudres Family Rent 40,321.79 - ----------------------------------------------------------------------------------------------------------------- 5/1/01 16541 Mission Grove Theater Rent 64,443.41 - ----------------------------------------------------------------------------------------------------------------- 5/1/01 16542 Mission Grove Theater Rent 32,355.40 - ----------------------------------------------------------------------------------------------------------------- 5/1/01 16543 Oceanside Mission Mkt Rent 66,947.53 Place - ----------------------------------------------------------------------------------------------------------------- 5/1/01 16544 Redevelopment Agency Rent 82,000.00 - ----------------------------------------------------------------------------------------------------------------- 5/1/01 16545 Redevelopment Agency Rent 12,500.00 - ----------------------------------------------------------------------------------------------------------------- 5/1/01 16546 United Title Company Rent 4,983.30 - ----------------------------------------------------------------------------------------------------------------- 5/3/01 16547 MGM Films Film Payable 1,417.06 - ----------------------------------------------------------------------------------------------------------------- 5/4/01 16548 Airborne Express Film Transport 527.80 - ----------------------------------------------------------------------------------------------------------------- 5/4/01 16549 All City Electrical R & M 326.56 - ----------------------------------------------------------------------------------------------------------------- 5/4/01 16550 American Express Movie Ad mylars 255.75 - ----------------------------------------------------------------------------------------------------------------- 5/4/01 16551 Armored Transport Security 245.69 - ----------------------------------------------------------------------------------------------------------------- 5/4/01 16552 CA Chamber of Commerce Licenses and permits 214.73 - ----------------------------------------------------------------------------------------------------------------- 5/4/01 16553 City of Riverside Licenses and permits 145.19 - ----------------------------------------------------------------------------------------------------------------- 5/4/01 16554 City of San Bernardino Licenses and permits 561.00 - ----------------------------------------------------------------------------------------------------------------- 5/4/01 16555 Continental Stock Outside Services 553.47 Transfer - ----------------------------------------------------------------------------------------------------------------- 5/4/01 16556 CTS Net Internet Svcs Computer 807.56 - ----------------------------------------------------------------------------------------------------------------- 5/4/01 16557 Dan's Window Service Repairs & Maintenance 275.00 - ----------------------------------------------------------------------------------------------------------------- 5/4/01 16558 DC Electronics Two Repairs & Maintenance 215.00 - ----------------------------------------------------------------------------------------------------------------- 5/4/01 16559 De Lage Landen Telephone 69.09 - ----------------------------------------------------------------------------------------------------------------- 5/4/01 16560 Emeritus Communications Telephone 510.63 - ----------------------------------------------------------------------------------------------------------------- 5/4/01 16561 G Neil Direct Mail Office Supplies 87.20 - ----------------------------------------------------------------------------------------------------------------- 5/4/01 16562 Gold Medal Products Repairs & Maintenance 1,433.40 - ----------------------------------------------------------------------------------------------------------------- 5/4/01 16563 Void - - - ----------------------------------------------------------------------------------------------------------------- 5/4/01 16564 Hyperion Solutions Computer - Corp. 6,804.00 - ----------------------------------------------------------------------------------------------------------------- 5/4/01 16565 Janitorial Maintenance Janitorial Maintenance 16,751.00 - ----------------------------------------------------------------------------------------------------------------- 5/4/01 16566 JSA Publishing Other Advertising - Corp. 345.00 Consultants - ----------------------------------------------------------------------------------------------------------------- 5/4/01 16567 K Lavasany Reimbursement 367.90 - ----------------------------------------------------------------------------------------------------------------- 5/4/01 16568 LA Times Corp Paper 18.00 - ----------------------------------------------------------------------------------------------------------------- 5/4/01 16569 National Screen Svc Advertising 140.56 - ----------------------------------------------------------------------------------------------------------------- 5/4/01 16570 Optimal Integrated Slns Computer Supplies 50.00 - ----------------------------------------------------------------------------------------------------------------- 5/4/01 16571 Pacific Bell Telephone 28.41 - ----------------------------------------------------------------------------------------------------------------- 5/4/01 16572 Paramount Pictures Advertising 2,440.00 - ----------------------------------------------------------------------------------------------------------------- 5/4/01 16573 Proctor Companies Repairs & Maintenance 42.40 - ----------------------------------------------------------------------------------------------------------------- 5/4/01 16574 Prudential Emp. Benefits 15.89 - ----------------------------------------------------------------------------------------------------------------- 5/4/01 16575 Prudential Emp. Benefits 632.44 - ----------------------------------------------------------------------------------------------------------------- 5/4/01 16576 Pure Flo Water Water, Corp. 17.85 - ----------------------------------------------------------------------------------------------------------------- 5/4/01 16577 Renaissance Radiology Misc. P10 35.00 - ----------------------------------------------------------------------------------------------------------------- 5/4/01 16578 Rocky Mtn Employee Emp. Benefits 593.75 Benefits - ----------------------------------------------------------------------------------------------------------------- 5/4/01 16579 Sky Courier Film Transport 72.80 - ----------------------------------------------------------------------------------------------------------------- 5/4/01 16580 SO CAL Edison Utilities 4,726.75 - ----------------------------------------------------------------------------------------------------------------- Page 3 of 17 - ----------------------------------------------------------------------------------------------------------------- 5/4/01 16581 Staples Office Supplies 447.62 - ----------------------------------------------------------------------------------------------------------------- 5/4/01 16582 State Compensation Ins. Worker's Comp. 10,111.78 Fund - ----------------------------------------------------------------------------------------------------------------- 5/4/01 16583 Structural Termite and Repairs & Maintenance 85.00 Pest - ----------------------------------------------------------------------------------------------------------------- 5/4/01 16584 Roy M Van Asch Janitorial Maintenance 1,875.80 - ----------------------------------------------------------------------------------------------------------------- 5/4/01 16585 Verizon Telephone 240.04 - ----------------------------------------------------------------------------------------------------------------- 5/4/01 16586 Waxie Sanitary Supply Janitorial Supplies 1,021.71 - ----------------------------------------------------------------------------------------------------------------- 5/4/01 16587 K Zolna Reimbursement 1,271.82 - ----------------------------------------------------------------------------------------------------------------- 5/4/01 16588 Lions Gate Advertising 150.00 - ----------------------------------------------------------------------------------------------------------------- 5/4/01 16589 Heritage Foods Concessions supplies 1,690.34 - ----------------------------------------------------------------------------------------------------------------- 5/7/01 16590 Airguard Corona Operating supplies 631.64 - ----------------------------------------------------------------------------------------------------------------- 5/10/01 16591 MGM Films Film Payable 1,173.01 - ----------------------------------------------------------------------------------------------------------------- 5/15/01 16592 Arthur Andersen Accounting 5,000.00 - ----------------------------------------------------------------------------------------------------------------- 5/15/01 16593 Levitz, Zacks & Ciceric Accounting & Audit 50,000.00 - ----------------------------------------------------------------------------------------------------------------- 5/15/01 16594 Airguard Corona Operating supplies 9.03 - ----------------------------------------------------------------------------------------------------------------- 5/15/01 16595 Crown Point Design and Uniforms 1,503.38 Embroider - ----------------------------------------------------------------------------------------------------------------- 5/15/01 16596 Manulife Financial Emp. Benefits 2,604.50 - ----------------------------------------------------------------------------------------------------------------- 5/15/01 16597 Star Track Operating supplies 350.00 - ----------------------------------------------------------------------------------------------------------------- 5/21/01 16598 US Trustee Audit & Acctng Fees 8,000.00 - ----------------------------------------------------------------------------------------------------------------- 5/21/01 16599 A&B Carpet Cleaning Repairs & Maintenance 540.00 - ----------------------------------------------------------------------------------------------------------------- 5/21/01 16600 Airborne Express Film Transport 436.80 - ----------------------------------------------------------------------------------------------------------------- 5/21/01 16601 American Express Movie Ad mylars 2,082.50 - ----------------------------------------------------------------------------------------------------------------- 5/21/01 16602 AON Risk Insurance 514.00 - ----------------------------------------------------------------------------------------------------------------- 5/21/01 16603 Armored Transport Security 906.69 - ----------------------------------------------------------------------------------------------------------------- 5/21/01 16604 Brake Water Transport Film Transport 1,398.00 - ----------------------------------------------------------------------------------------------------------------- 5/21/01 16605 City of Oceanside Utilities 2,773.82 - ----------------------------------------------------------------------------------------------------------------- 5/21/01 16606 City of Riverside Utilities 11,708.86 - ----------------------------------------------------------------------------------------------------------------- 5/21/01 16607 City of San Bernardino Security 2,689.89 - ----------------------------------------------------------------------------------------------------------------- 5/21/01 16608 City of San Bernardino Licenses and Permits 50.00 - ----------------------------------------------------------------------------------------------------------------- 5/21/01 16609 Continental Stock Outside Services 553.47 Transfer - ----------------------------------------------------------------------------------------------------------------- 5/21/01 16610 CR&R Utilities 713.19 - ----------------------------------------------------------------------------------------------------------------- 5/21/01 16611 Dreamworks Dist. Advertising 1,578.32 - ----------------------------------------------------------------------------------------------------------------- 5/21/01 16612 Globe Ticket & Label Operating supplies 5,659.99 - ----------------------------------------------------------------------------------------------------------------- 5/21/01 16613 Inpro Corp. Repairs & Maintenance 130.68 - ----------------------------------------------------------------------------------------------------------------- 5/21/01 16614 JLA Credit Corporation Trash compactor lease 779.86 - ----------------------------------------------------------------------------------------------------------------- 5/21/01 16615 Merrill Communications Annual & Proxy Fees 340.00 - ----------------------------------------------------------------------------------------------------------------- 5/21/01 16616 MGM Films Film Payable 5,711.68 - ----------------------------------------------------------------------------------------------------------------- 5/21/01 16617 National Environmental Utilities 7,309.31 Waste - ----------------------------------------------------------------------------------------------------------------- 5/21/01 16618 North County Times Advertising 4,696.59 - ----------------------------------------------------------------------------------------------------------------- 5/21/01 16619 Optimal Integrated Slns Computer Supplies 50.00 - ----------------------------------------------------------------------------------------------------------------- 5/21/01 16620 Pacific Bell Telephone 1,545.35 - ----------------------------------------------------------------------------------------------------------------- 5/21/01 16621 Paramount Pictures Film Payable 459.00 - ----------------------------------------------------------------------------------------------------------------- 5/21/01 16622 Pure Flo Water Water, Corp. 47.98 - ----------------------------------------------------------------------------------------------------------------- 5/21/01 16623 Reel Source Outside Services 350.00 - ----------------------------------------------------------------------------------------------------------------- 5/21/01 16624 R&J Fial Uniforms 37.34 - ----------------------------------------------------------------------------------------------------------------- 5/21/01 16625 Rocky Mtn Employee Emp. Benefits 625.00 Benefits - ----------------------------------------------------------------------------------------------------------------- 5/21/01 16626 Roto-Rooter Plumbers Repairs & Maintenance 280.38 - ----------------------------------------------------------------------------------------------------------------- 5/21/01 16627 San Bernardino County Sun Advertising 6,724.31 - ----------------------------------------------------------------------------------------------------------------- 5/21/01 16628 SDG&E Utilities 11,738.33 - ----------------------------------------------------------------------------------------------------------------- Page 4 of 17 - ----------------------------------------------------------------------------------------------------------------- 5/21/01 16629 Solomon Friedman Co Op Advertising 158.97 - ----------------------------------------------------------------------------------------------------------------- 5/21/01 16630 SO CAL Edison Utilities 14,871.21 - ----------------------------------------------------------------------------------------------------------------- 5/21/01 16631 State Board Equalization Licenses and Permits 891.84 - ----------------------------------------------------------------------------------------------------------------- 5/21/01 16632 Structural Termite and Repairs & Maintenance 170.00 Pest - ----------------------------------------------------------------------------------------------------------------- 5/21/01 16633 Theatrical Distr. Svc Advertising 13.94 - ----------------------------------------------------------------------------------------------------------------- 5/21/01 16634 Universal Advertising 292.61 - ----------------------------------------------------------------------------------------------------------------- 5/21/01 16635 Verizon Telephone 102.37 - ----------------------------------------------------------------------------------------------------------------- 5/21/01 16636 Waxie Sanitary Supply Janitorial Supplies 6,422.42 - ----------------------------------------------------------------------------------------------------------------- 5/21/01 16637 West Coast Svcs Repairs & Maintenance 98.79 - ----------------------------------------------------------------------------------------------------------------- 5/21/01 16638 Western Municipal Water Utilities 390.70 Dist. - ----------------------------------------------------------------------------------------------------------------- 5/23/01 16639 Airgas Concessions supplies 214.94 - ----------------------------------------------------------------------------------------------------------------- 5/23/01 16640 Heritage Foods Concessions supplies 1,518.49 - ----------------------------------------------------------------------------------------------------------------- 5/24/01 16641 Dan Cahill Reimbursement 90.65 - ----------------------------------------------------------------------------------------------------------------- 5/24/01 16642 CinemaStar Luxury Petty Cash 672.06 Theaters - ----------------------------------------------------------------------------------------------------------------- 5/24/01 16643 K Lavasany Reimbursement 341.84 - ----------------------------------------------------------------------------------------------------------------- 5/24/01 16644 Manulife Financial Emp. Benefits 2,482.25 - ----------------------------------------------------------------------------------------------------------------- 5/24/01 16645 Union Tribune Advertising 755.20 - ----------------------------------------------------------------------------------------------------------------- 5/31/01 16646 Airborne Express Film Transport 800.80 - ----------------------------------------------------------------------------------------------------------------- 5/31/01 16647 Airguard Corona Operating supplies 227.27 - ----------------------------------------------------------------------------------------------------------------- 5/31/01 16648 AON Risk Insurance 18,472.00 - ----------------------------------------------------------------------------------------------------------------- 5/31/01 16649 The Cawley Company Uniforms 456.55 - ----------------------------------------------------------------------------------------------------------------- 5/31/01 16650 CV City Employees Federal Gift Cert. reimburse 546.50 - ----------------------------------------------------------------------------------------------------------------- 5/31/01 16651 City of San Bernardino Utilities 336.60 - ----------------------------------------------------------------------------------------------------------------- 5/31/01 16652 Del Mar Office Products Office Supplies 101.02 - ----------------------------------------------------------------------------------------------------------------- 5/31/01 16653 Dept of Industrial Licenses and Permits 110.00 Relations - ----------------------------------------------------------------------------------------------------------------- 5/31/01 16654 Emeritus Communications Telephone 633.61 - ----------------------------------------------------------------------------------------------------------------- 5/31/01 16655 Gold Medal Products Repairs & Maintenance 154.45 - ----------------------------------------------------------------------------------------------------------------- 5/31/01 16656 Don Harnois Reimbursement 689.75 - ----------------------------------------------------------------------------------------------------------------- 5/31/01 16657 Janitorial Maintenance Janitorial Maintenance 19,131.00 - ----------------------------------------------------------------------------------------------------------------- 5/31/01 16658 LA Times Advertising 24.00 - ----------------------------------------------------------------------------------------------------------------- 5/31/01 16659 MGM Films Film Payable 172.69 - ----------------------------------------------------------------------------------------------------------------- 5/31/01 16660 MWR San Diego Gift Cert. reimburse 584.50 - ----------------------------------------------------------------------------------------------------------------- 5/31/01 16661 Nat. Steel & Shipbldg Gift Cert. reimburse 624.00 - ----------------------------------------------------------------------------------------------------------------- 5/31/01 16662 Paramount Pictures Co Op Advertising 606.00 - ----------------------------------------------------------------------------------------------------------------- 5/31/01 16663 Practical Automation Repairs & Maintenance 15.36 - ----------------------------------------------------------------------------------------------------------------- 5/31/01 16664 The Press Advertising 22,691.02 - ----------------------------------------------------------------------------------------------------------------- 5/31/01 16665 Proctor Companies Repairs & Maintenance 412.88 - ----------------------------------------------------------------------------------------------------------------- 5/31/01 16666 Scripps Health Gift Cert. reimburse 664.00 - ----------------------------------------------------------------------------------------------------------------- 5/31/01 16667 Sky Courier Film Transport 91.00 - ----------------------------------------------------------------------------------------------------------------- 5/31/01 16668 Solomon Friedman Co Op Advertising 340.83 - ----------------------------------------------------------------------------------------------------------------- 5/31/01 16669 SO CAL Edison Utilities 5,987.69 - ----------------------------------------------------------------------------------------------------------------- 5/31/01 16670 Structural Termite and Repairs & Maintenance 170.00 Pest - ----------------------------------------------------------------------------------------------------------------- 5/31/01 16671 Roy M Van Asch Janitorial Maintenance 1,875.80 - ----------------------------------------------------------------------------------------------------------------- 5/31/01 16672 Verizon Telephone 309.86 - ----------------------------------------------------------------------------------------------------------------- 5/31/01 16673 Waxie Sanitary Supply Janitorial Supplies 3,432.52 - ----------------------------------------------------------------------------------------------------------------- 5/31/01 16674 Western Municipal Water Utilities 153.51 Dist. - ----------------------------------------------------------------------------------------------------------------- Page 5 of 17 - ----------------------------------------------------------------------------------------------------------------- 5/31/01 16675 Heritage Foods Concessions supplies 1,101.24 - ----------------------------------------------------------------------------------------------------------------- TOTAL 613,280.05 - ----------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------- WIRE TRANSFERS - ----------------------------------------------------------------------------------------------------------------- 5/1/01 239 20th Century Fox Film Payable 18,772.60 - ----------------------------------------------------------------------------------------------------------------- 5/3/01 240 Buena Vista Film Payable 142.61 - ----------------------------------------------------------------------------------------------------------------- 5/3/01 241 Miramax Film Payable 18,632.32 - ----------------------------------------------------------------------------------------------------------------- 5/3/01 242 New Line Film Payable 5,459.48 - ----------------------------------------------------------------------------------------------------------------- 5/3/01 243 Sony Film Payable 831.78 - ----------------------------------------------------------------------------------------------------------------- 5/3/01 244 Universal Film Payable 8,882.81 - ----------------------------------------------------------------------------------------------------------------- 5/3/01 245 USA Films Film Payable 1,255.65 - ----------------------------------------------------------------------------------------------------------------- 5/3/01 246 Warner Brothers Film Payable 2,784.48 - ----------------------------------------------------------------------------------------------------------------- 5/3/01 247 Metropolitan Provisions Concessions supplies 8,657.48 - ----------------------------------------------------------------------------------------------------------------- 5/3/01 248 Pepsi-Cola Concessions supplies 3,755.61 - ----------------------------------------------------------------------------------------------------------------- 5/8/01 249 Sony Pictures Film - Deposits 47,000.00 - ----------------------------------------------------------------------------------------------------------------- 5/9/01 250 20th Century Fox Film Payable 16,249.43 - ----------------------------------------------------------------------------------------------------------------- 5/9/01 251 Miramax Films Film Payable 12,244.23 - ----------------------------------------------------------------------------------------------------------------- 5/9/01 252 New Line Film Payable 4,093.80 - ----------------------------------------------------------------------------------------------------------------- 5/9/01 253 Paramount Pictures Film Payable 23,343.51 - ----------------------------------------------------------------------------------------------------------------- 5/9/01 254 Sony Film Payable 866.78 - ----------------------------------------------------------------------------------------------------------------- 5/9/01 255 Universal Film Payable 6,716.72 - ----------------------------------------------------------------------------------------------------------------- 5/9/01 256 USA Films Film Payable 603.30 - ----------------------------------------------------------------------------------------------------------------- 5/9/01 257 Warner Brothers Film Payable 501.32 - ----------------------------------------------------------------------------------------------------------------- 5/9/01 258 Metropolitan Provisions Concessions supplies 13,615.33 - ----------------------------------------------------------------------------------------------------------------- 5/9/01 259 Pepsi-Cola Concessions supplies 1,561.56 - ----------------------------------------------------------------------------------------------------------------- 5/14/01 260 Metropolitan Provisions Concessions supplies 32,000.00 - ----------------------------------------------------------------------------------------------------------------- 261 Metropolitan Provisions Concessions supplies -32,000.00 - ----------------------------------------------------------------------------------------------------------------- 5/17/01 262 20th Century Fox Film Payable 5,943.70 - ----------------------------------------------------------------------------------------------------------------- 5/17/01 263 Miramax Film Payable 6,191.25 - ----------------------------------------------------------------------------------------------------------------- 5/17/01 264 New Line Film Payable 4,579.69 - ----------------------------------------------------------------------------------------------------------------- 5/17/01 265 Paramount Pictures Film Payable 9,037.20 - ----------------------------------------------------------------------------------------------------------------- 5/17/01 266 Sony Film Payable 319.29 - ----------------------------------------------------------------------------------------------------------------- 5/17/01 267 Universal Film Payable 2,173.89 - ----------------------------------------------------------------------------------------------------------------- 5/17/01 268 USA Films Film Payable 507.15 - ----------------------------------------------------------------------------------------------------------------- 5/17/01 269 Warner Brothers Film Payable 321.67 - ----------------------------------------------------------------------------------------------------------------- 5/17/01 270 Pepsi-Cola Concessions supplies 6,901.63 - ----------------------------------------------------------------------------------------------------------------- 5/17/01 271 Metropolitan Provisions Concessions supplies 10,418.22 - ----------------------------------------------------------------------------------------------------------------- 5/24/01 272 Pepsi-Cola Concessions supplies 7,886.23 - ----------------------------------------------------------------------------------------------------------------- 5/23/01 273 20th Century Fox Film Payable 3,101.25 - ----------------------------------------------------------------------------------------------------------------- 5/23/01 274 Miramax Film Payable 4,014.54 - ----------------------------------------------------------------------------------------------------------------- 5/23/01 275 New Line Film Payable 2,318.52 - ----------------------------------------------------------------------------------------------------------------- 5/23/01 276 Paramount Pictures Film Payable 4,893.98 - ----------------------------------------------------------------------------------------------------------------- 5/23/01 277 Universal Film Payable 155,797.25 - ----------------------------------------------------------------------------------------------------------------- 5/23/01 278 USA Films Film Payable 5,519.28 - ----------------------------------------------------------------------------------------------------------------- 5/23/01 279 Warner Brothers Film Payable 6,438.65 - ----------------------------------------------------------------------------------------------------------------- 5/23/01 280 Metropolitan Provisions Concessions supplies 10,868.04 - ----------------------------------------------------------------------------------------------------------------- 5/30/01 281 20th Century Fox Film Payable 1,282.51 - ----------------------------------------------------------------------------------------------------------------- 5/30/01 282 Miramax Film Payable 3,316.13 - ----------------------------------------------------------------------------------------------------------------- 5/30/01 283 New Line Film Payable 3,339.45 - ----------------------------------------------------------------------------------------------------------------- 5/30/01 284 Paramount Pictures Film Payable 3,543.24 - ----------------------------------------------------------------------------------------------------------------- 5/30/01 285 Universal Film Payable 66,346.37 - ----------------------------------------------------------------------------------------------------------------- 5/30/01 286 USA Films Film Payable 1,210.74 - ----------------------------------------------------------------------------------------------------------------- 5/30/01 287-a Warner Brothers Film Payable 21,384.11 - ----------------------------------------------------------------------------------------------------------------- 5/29/01 287-b Sony Pictures Film - Deposits 37,000.00 - ----------------------------------------------------------------------------------------------------------------- Page 6 of 17 - ----------------------------------------------------------------------------------------------------------------- 5/31/01 288 Pepsi-Cola Concessions supplies 5,076.84 - ----------------------------------------------------------------------------------------------------------------- 5/31/01 289 Metropolitan Provisions Concessions supplies 19,106.47 - ----------------------------------------------------------------------------------------------------------------- TOTAL 604,808.09 - ----------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------- DIRECT DEBITS TO UNION BANK OF CALIFORNIA ACCT # 0700494381 - ----------------------------------------------------------------------------------------------------------------- 1-May Wire trf - Int & Principle on Credit Facility Debt 52,815.82 - ----------------------------------------------------------------------------------------------------------------- 4-May ADP fees 525.67 - ----------------------------------------------------------------------------------------------------------------- 18-May ADP fees 600.80 - ----------------------------------------------------------------------------------------------------------------- 23-May Trf - pmt of State Sales 9,424.00 Tax - ----------------------------------------------------------------------------------------------------------------- 29-May Bank Charges 428.80 - ----------------------------------------------------------------------------------------------------------------- 31-May Wire trf - Int & Principle on Credit Facility Debt 52,795.68 - ----------------------------------------------------------------------------------------------------------------- 31-May Deposit Adjustments 222.49 - ----------------------------------------------------------------------------------------------------------------- 31-May Merchant Bank Charges 3,044.53 - ----------------------------------------------------------------------------------------------------------------- TOTAL 119,857.79 - ----------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------- DISBURSEMENTS FOR CINEMAS - ----------------------------------------------------------------------------------------------------------------- 29-May Gramercy Wire #58 492.08 - ----------------------------------------------------------------------------------------------------------------- 29-May Checks 11619 and 11620 269.20 - ----------------------------------------------------------------------------------------------------------------- 30-May Wire #59 83.71 - ----------------------------------------------------------------------------------------------------------------- TOTAL 844.99 - ----------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------- INTERCOMPANY TRANSFERS - ----------------------------------------------------------------------------------------------------------------- 3-May To UBOC Acct. # Payroll 110,000.00 07007494365 - ----------------------------------------------------------------------------------------------------------------- 16-May To UBOC Acct. # Payroll 65,000.00 07007494365 - ----------------------------------------------------------------------------------------------------------------- 16-May To UBOC Acct. # Tax payable 10,000.00 2180038712 - ----------------------------------------------------------------------------------------------------------------- 23-May To UBOC Acct. # Payroll 10,000.00 07007494365 - ----------------------------------------------------------------------------------------------------------------- 29-May To UBOC Acct. # Tax payable 10,000.00 2180038712 - ----------------------------------------------------------------------------------------------------------------- TOTAL 205,000.00 - ----------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------- TOTAL ACCOUNTS PAYABLE DISBURSEMENTS 1,543,790.92 =================================================================================================================
Page 7 of 17 I. CASH RECEIPTS AND DISBURSEMENTS (Continued) B. (PAYROLL ACCOUNT) - --------------------------------------------------------------------------------------- --------------------- 1. TOTAL RECEIPTS PER ALL PRIOR PAYROLL ACCOUNT REPORTS 760,535.93 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 2. LESS: TOTAL DISBURSEMENTS PER ALL PRIOR PAYROLL ACCOUNT REPORTS 820,852.57 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 3. BEGINNING BALANCE (60,316.64) - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 4. RECEIPTS DURING CURRENT PERIOD 185,000.00 - --------------------------------------------------------------------------------------- --------------------- TRANSFERRED FROM GENERAL ACCOUNT - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 5. BALANCE: 124,683.36 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 6. LESS: TOTAL DISBURSEMENTS DURING CURRENT PERIOD 187,184.63 - --------------------------------------------------------------------------------------- --------------------- - --------------------------------------------------------------------------------------- --------------------- 7. ENDING BALANCE (62,501.27) - --------------------------------------------------------------------------------------- ---------------------
- ------------------------------------------------------- ----------------------------------------------------- 8. PAYROLL ACCOUNT NUMBER 07007494365 - ------------------------------------------------------- ----------------------------------------------------- DEPOSITORY NAME AND LOCATION Union Bank of California - ------------------------------------------------------------------------------------------------------------- 445 South Figueroa St., Los Angeles, CA 90051 - -------------------------------------------------------------------------------------------------------------
Page 8 of 17 TOTAL DISBURSEMENTS DURING CURRENT PERIOD (Payroll Account) - ----------------------------------------------------------------------------------------------------------------- MAY 11, 2001 PAYROLL RUN - SUMMARY OF EXPENSE - ----------------------------------------------------------------------------------------------------------------- Wages Earned - Normal Recurring 63,425.79 - ----------------------------------------------------------------------------------------------------------------- Wages Earned - Adjustments & Voids 249.85 - ----------------------------------------------------------------------------------------------------------------- Wage Garnishments 27.23 - ----------------------------------------------------------------------------------------------------------------- Federal Income Taxes 8,197.43 - ----------------------------------------------------------------------------------------------------------------- Social Security 10,244.95 - ----------------------------------------------------------------------------------------------------------------- Medicare 2,395.85 - ----------------------------------------------------------------------------------------------------------------- State Unemployment Taxes - Employer 1,618.59 - ----------------------------------------------------------------------------------------------------------------- Federal Unemployment Taxes 383.58 - ----------------------------------------------------------------------------------------------------------------- State Unemployment Taxes - Employee 732.25 - ----------------------------------------------------------------------------------------------------------------- State Income Taxes 1,486.37 - ----------------------------------------------------------------------------------------------------------------- TOTAL 88,761.89 - ----------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------- MAY 11, 2001 PAYROLL RUN - SUMMARY OF DISBURSEMENTS - ----------------------------------------------------------------------------------------------------------------- ADP Checks Issued [Net salary plus tax] 88,512.04 - ----------------------------------------------------------------------------------------------------------------- Manual Checks, etc. 249.85 - ----------------------------------------------------------------------------------------------------------------- TOTAL 88,761.89 - ----------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------- MAY 25, 2001 PAYROLL RUN - SUMMARY OF EXPENSE - ----------------------------------------------------------------------------------------------------------------- Wages Earned - Normal Recurring 70,928.43 - ----------------------------------------------------------------------------------------------------------------- Wages Earned - Adjustments & Voids 176.94 - ----------------------------------------------------------------------------------------------------------------- Wage Garnishments 27.23 - ----------------------------------------------------------------------------------------------------------------- Federal Income Taxes 8,839.31 - ----------------------------------------------------------------------------------------------------------------- Social Security 11,335.94 - ----------------------------------------------------------------------------------------------------------------- Medicare 2,651.29 - ----------------------------------------------------------------------------------------------------------------- State Unemployment Taxes - Employer 1,515.35 - ----------------------------------------------------------------------------------------------------------------- Federal Unemployment Taxes 444.51 - ----------------------------------------------------------------------------------------------------------------- State Unemployment Taxes - Employee 781.28 - ----------------------------------------------------------------------------------------------------------------- State Income Taxes 1,722.46 - ----------------------------------------------------------------------------------------------------------------- TOTAL 98,422.74 - ----------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------- MAY 25, 2001 PAYROLL RUN - SUMMARY OF DISBURSEMENTS - ----------------------------------------------------------------------------------------------------------------- ADP Checks Issued [Net salary plus tax] 98,245.80 - ----------------------------------------------------------------------------------------------------------------- Manual Checks Issued 176.94 - ----------------------------------------------------------------------------------------------------------------- TOTAL 98,422.74 - ----------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------- TOTAL PAYROLL ACCOUNT DISBURSEMENTS 187,184.63 =================================================================================================================
Page 9 of 17 I. CASH RECEIPTS AND DISBURSEMENTS (Continued) B. (TAX ACCOUNT) - ----------------------------------------------------------------------------------------------------------------- 1. TOTAL RECEIPTS PER ALL PRIOR TAX ACCOUNT REPORTS 40,000.00 - ----------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------- 2. LESS: TOTAL DISBURSEMENTS PER ALL PRIOR TAX ACCOUNT REPORTS 34,702.29 - ----------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------- 3. BEGINNING BALANCE 5,297.71 - ----------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------- 4. RECEIPTS DURING CURRENT PERIOD - ----------------------------------------------------------------------------------------------------------------- TRANSFERRED FROM GENERAL ACCOUNT 20,000.00 - ----------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------- 5. BALANCE: 25,297.71 - ----------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------- 6. LESS: TOTAL DISBURSEMENTS DURING CURRENT PERIOD - ----------------------------------------------------------------------------------------------------------------- Date: 5/23/01, To: CA State Board of Equalization 9,424.00 - ----------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------- TOTAL DISBURSEMENTS THIS PERIOD 9,424.00 - ----------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------- 7. ENDING BALANCE 15,873.71 - -----------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------ -------------------------------------------------------- 8. TAX ACCOUNT NUMBER 02180038712 - ------------------------------------------------------ --------------------------------------------------------- DEPOSITORY NAME AND LOCATION Union Bank of California - ----------------------------------------------------------------------------------------------------------------- 445 South Figueroa St., Los Angeles, CA 90051 - -----------------------------------------------------------------------------------------------------------------
D. SUMMARY SCHEDULE OF CASH - ----------------------------------------------------------------------------------------------------------------- ENDING BALANCE FOR PERIOD - ----------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------- GENERAL ACCOUNT (389,028.36) - ----------------------------------------------------------------------------------------------------------------- PAYROLL ACCOUNT (62,501.27) - ----------------------------------------------------------------------------------------------------------------- TAX ACCOUNT 15,873.71 - ----------------------------------------------------------------------------------------------------------------- OTHER ACCOUNTS *: 1,626,485.18 - ----------------------------------------------------------------------------------------------------------------- OTHER MONIES *: 0.00 - ----------------------------------------------------------------------------------------------------------------- PETTY CASH ** 0.00 - ----------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------- TOTAL CASH AVAILABLE 1,190,829.26 - ----------------------------------------------------------------------------------------------------------------- - -----------------------------------------------------------------------------------------------------------------
* SPECIFY THE FUND AND THE TYPE OF HOLDING (I.E., CD, SAVINGS ACCOUNT, INVESTMENT SECURITIES, ETC.) AND THE DEPOSITORY NAME, LOCATION, AND ACCOUNT NUMBER ** ATTACH EXHIBIT ITEMIZING ALL PETTY CASH TRANSACTIONS NOTE: ATTACH COPIES OF ALL MONTHLY ACCOUNTS FROM FINANCIAL INSTITUTIONS FOR EACH ACCOUNT Page 10 of 17 OTHER ACCOUNTS (SUPPLEMENT TO SCHEDULE I.D.)
- ----------------------------------------------------------------------------------------------------------------- BANK / ACCOUNT TYPE Account # Balance - ----------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------- BANK OF AMERICA - ----------------------------------------------------------------------------------------------------------------- Master Concentration 14501-09188 0.00 - ----------------------------------------------------------------------------------------------------------------- Merchant 14501-09189 0.00 - ----------------------------------------------------------------------------------------------------------------- Moviefone 14502-09192 0.00 - ----------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------- UNION BANK OF CALIFORNIA - ----------------------------------------------------------------------------------------------------------------- Master Concentration 0700494-349 1,497,257.05 - ----------------------------------------------------------------------------------------------------------------- FOB Cinemastar Luxury Cinemas, Inc. 0700494-373 2,533.71 - ----------------------------------------------------------------------------------------------------------------- Merchant 0700494-357 126,694.42 - ----------------------------------------------------------------------------------------------------------------- Moviefone 0700494-146 0.00 - ----------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------- Total 1,626,485.18 - ----------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------- - -----------------------------------------------------------------------------------------------------------------
Page 11 of 17 II. STATUS OF PAYMENTS TO SECURED CREDITORS, LESSORS, AND OTHER PARTIES TO EXECUTORY CONTRACTS
- ----------------------------------------------------------------------------------------------------------------- CREDITOR, LESSOR, ETC. FREQUENCY OF PAYMENTS AMOUNT OF PAYMENT POST-PETITION TOTAL DUE (Mo./Qtr.) PAYMENTS NOT MADE (NUMBER) - ----------------------------------------------------------------------------------------------------------------- Oceanside Mission Market Monthly $57,678.10 0 $0.00 Place (Lessor MM 13 Theater) - ----------------------------------------------------------------------------------------------------------------- Coudres Family Ptrship Monthly $35,740.55 0 $0.00 (Lessor PR 10 Theater) - ----------------------------------------------------------------------------------------------------------------- MDA - San Bernardino Monthly $96,851.61 0 $0.00 (Lessor SB20 Thtr) - ----------------------------------------------------------------------------------------------------------------- Mission Grove Theater Monthly $89,050.40 0 $0.00 Properties I&II (Lessor MG 18 Theater) - ----------------------------------------------------------------------------------------------------------------- United Title Company Monthly $4,983.40 0 $0.00 (Lessor - Corp Offices) - ----------------------------------------------------------------------------------------------------------------- Union Bank of California Monthly $57,472.22 0 $0.00 ($2,000,000 loan, principal and interest) - ----------------------------------------------------------------------------------------------------------------- Midland Loan Services Monthly $17,646.36 5 $17,646.36 (Mortgage Note on Chula Vista Property) - ----------------------------------------------------------------------------------------------------------------- Union Bank of California Monthly $646.80 0 $0.00 (Auto Lease) - -----------------------------------------------------------------------------------------------------------------
III. TAX LIABILITIES - ----------------------------------------------------------------------------------------------------------------- FOR THE REPORTING PERIOD: - ----------------------------------------------------------------------------------------------------------------- GROSS SALES SUBJECT TO SALES TAX 249,461.77 - ----------------------------------------------------------------------------------------------------------------- TOTAL WAGES PAID 187,184.63 - -----------------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------- TOTAL POST-PETITION AMOUNT DELINQUENT DATE DELINQUENT AMOUNTS OWING AMOUNT DUE - ----------------------------------------------------------------------------------------------------------------- FEDERAL WITHHOLDING - ----------------------------------------------------------------------------------------------------------------- STATE WITHHOLDING - ----------------------------------------------------------------------------------------------------------------- FICA-EMPLOYER'S SHARE - ----------------------------------------------------------------------------------------------------------------- FICA - EMPLOYEE'S SHARE - ----------------------------------------------------------------------------------------------------------------- FEDERAL UNEMPLOYMENT - ----------------------------------------------------------------------------------------------------------------- STATE WITHHOLDING - ----------------------------------------------------------------------------------------------------------------- SALES AND USE 18,709.65 0.00 - ----------------------------------------------------------------------------------------------------------------- REAL PROPERTY 17,445.59 17,445.59 4/10/01 - ----------------------------------------------------------------------------------------------------------------- OTHER (SPECIFY) - ----------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------- TOTAL 36,155.24 17,445.59 - -----------------------------------------------------------------------------------------------------------------
Page 12 of 17 IV. AGING OF ACCOUNTS PAYABLE AND ACCOUNTS RECEIVABLE
- ----------------------------------------------------------------------------------------------------------------- ACCOUNTS RECEIVABLE ACCOUNTS PAYABLE * ------------------------------------------------- (POST-PETITION ONLY) Pre-Petition Post-Petition - ----------------------------------------------------------------------------------------------------------------- 30 days or less 60,243.57 - ----------------------------------------------------------------------------------------------------------------- 31-60 days 1,543.12 - ----------------------------------------------------------------------------------------------------------------- 61-90 days - ----------------------------------------------------------------------------------------------------------------- 91-120 days - ----------------------------------------------------------------------------------------------------------------- Over 120 days - ----------------------------------------------------------------------------------------------------------------- TOTALS: 61,786.69 - -----------------------------------------------------------------------------------------------------------------
V. INSURANCE COVERAGE
- ----------------------------------------------------------------------------------------------------------------- NAME OF CARRIER AMOUNT OF COVERAGE POLICY EXPIRATION PREMIUM PAID DATE THROUGH: - ----------------------------------------------------------------------------------------------------------------- General Liability Royal Insurance of $2,000,000 10/14/01 6/14/01 America - ----------------------------------------------------------------------------------------------------------------- Umbrella Liability St. Paul's $10,000,000 10/14/01 6/14/01 Insurance Company - ----------------------------------------------------------------------------------------------------------------- Automobile Liability Royal Insurance of $1,000,000 10/14/01 6/14/01 America - ----------------------------------------------------------------------------------------------------------------- Directors & Officers National Union Fire $5,000,000 6/20/01 6/20/01 Liability Insurance Company - ----------------------------------------------------------------------------------------------------------------- Workers Compensation State (of CA) Variable n/a 6/14/01 Compensation Insurance Fund - ----------------------------------------------------------------------------------------------------------------- Property Royal Insurance of $35,212,960 10/14/01 6/14/01 America - ----------------------------------------------------------------------------------------------------------------- Vacant Property Royal Indemnity $1,500,000 12/14/01 6/14/01 Company - ----------------------------------------------------------------------------------------------------------------- Foreign Package ACE USA $1,000,000 10/15/01 6/14/01 - -----------------------------------------------------------------------------------------------------------------
VI. UNITED STATES TRUSTEE QUARTERLY FEES (TOTAL PAYMENTS)
- ----------------------------------------------------------------------------------------------------------------- Qtrly Period Total Qtrly Fees Date Paid Amount Paid Qtrly Fee Still Ending Disbursements Owing - ----------------------------------------------------------------------------------------------------------------- 3/31/01 3,552,815.00 8,000.00 5/17/01 8,000.00 0.00 - ----------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------- - -----------------------------------------------------------------------------------------------------------------
* POST-PETITION ACCOUNTS PAYABLE SHOULD NOT INCLUDE PROFESSIONALS' FEES AND EXPENSES WHICH HAVE BEEN INCURRED BUT NOT YET AWARDED BY THE COURT. POST-PETITION ACCOUNTS PAYABLE SHOULD INCLUDE PROFESSIONALS' FEES AND EXPENSES AUTHORIZED BY COURT ORDER BUT WHICH REMAIN UNPAID AS OF THE CLOSE OF THE PERIOD OF THE REPORT. Page 13 of 17 VII. PROFIT AND LOSS STATEMENT (ACCRUAL BASIS ONLY)
Cumulative Current Month Post-Petition ------------- ------------- Admission Revenue 1,144,682 4,598,073 Concession Revenue 474,034 1,799,344 Video Revenue 21,305 92,234 Screen Advertising 10,366 40,825 Other Revenues 7,659 16,127 - -------------------------------------------------------------------------------------------------- Theater Revenue 1,658,045 6,546,603 Film Rental Expense 729,666 2,450,107 Concession COGS 65,180 259,543 - -------------------------------------------------------------------------------------------------- Theater Cost of Goods Sold 794,846 2,709,650 - -------------------------------------------------------------------------------------------------- Theater Gross Margin 863,199 3,836,953 - -------------------------------------------------------------------------------------------------- Salaries 144,167 645,231 Payroll Taxes 15,241 72,465 Rent Expense 268,111 1,463,593 CAM Expense 31,257 158,467 Utility Expense 47,106 302,773 Advertising Expense 20,225 100,508 Co-op Advertising Expense 9,857 27,013 Repairs & Maint Expense 9,088 61,694 Janitorial Services 21,007 111,662 Janitorial Supplies Expense 9,755 31,562 Insurance Expense 17,615 95,282 Property Taxes 27,325 140,308 Security Expense 2,901 21,209 Travel & Entertainment 598 2,178 Vehicle Expense 0 0 Supplies Expense 1,829 26,830 Banking Fees 4,004 29,803 Equipment Rental Expense 0 5,450 Outside Services Expense 0 1,507 Other Theater Expense 3,289 40,887 Pre-Opening Expense 0 0 - -------------------------------------------------------------------------------------------------- Theater Operating Expenses 633,373 3,338,424 - -------------------------------------------------------------------------------------------------- Operating Income 229,825 498,528 - -------------------------------------------------------------------------------------------------- General & Administrative Expenses 69,755 434,648 Deprec & Amortization 209,927 1,084,785 Interest Expense 45,598 237,453 Interest/Dividend Income (0) (16,905) Taxes 482 2,407 Non-Recurring Income/Expense 0 (90,000) - -------------------------------------------------------------------------------------------------- Non-Operating (Income)/Expense 325,762 1,652,388 - -------------------------------------------------------------------------------------------------- Net Income (95,936) (1,153,859) ==================================================================================================
Page 14 of 17 VIII. BALANCE SHEET (ACCRUAL BASIS ONLY)
Current Month End ----------------- Cash 1,613,557 Accts Receivable (3,341) Conc Inventory 62,392 Concession Rebates 6,971 Supplies Inventory 9,777 Prepaids 644,667 - ----------------------------------------------------------------------------------------- Current Assets 2,334,023 Fixed Assets 24,490,280 Accumulated Depreciation (13,547,832) - ----------------------------------------------------------------------------------------- Net Fixed Assets 10,942,448 Deposits-Leases 43,789 Deposits-Concession 965 Deposits 200 Investment CLT SA de CV 22,875 Investment in Mexico 339,643 Goodwill - Mexico (140,133) - ----------------------------------------------------------------------------------------- Other Assets 267,339 - ----------------------------------------------------------------------------------------- Assets 13,543,810 ========================================================================================= Accounts Payable 2,381,250 Accrued Payroll 265,104 Other Accruals 729,867 Deferred Revenue 460,370 Concession Advances 26,535 Short Term Notes Payable 0 - ----------------------------------------------------------------------------------------- Current Liabilities 3,863,125 Capital Leases (10,401) Credit Facility Debt 2,175,000 Notes Payable 1,717,721 - ----------------------------------------------------------------------------------------- Debt and Capital Leases 3,882,321 Deferred Rent Accrual 4,184,480 Intercompany Accounts 2,206,198 - ----------------------------------------------------------------------------------------- Long-Term Liabilities 6,390,678 Common Stock 62,892 Additional Paid In Capital 29,642,292 Treasury Stock 0 Retained Earnings (26,278,047) Current Year Retained Earnings (4,019,450) Current Year Dividends 0 - ----------------------------------------------------------------------------------------- Shareholders' Equity (592,314) - ----------------------------------------------------------------------------------------- Liabilities & Equity 13,543,810 =========================================================================================
Page 15 of 17 STATEMENT OF CASH FLOWS (Supplement to Balance Sheet)
Current Month ------------- CASH FLOW FROM OPERATIONS Net Income / (Loss) (95,936) Depreciation & Amortization 209,927 Non-Cash Interest Expense 0 Deferred Rent 13,950 Changes in Operating Assets & Liabilities: Change in Current Assets (150,782) Change in Other Assets 0 Change in Accounts Payable 178,408 Change in Other Liabilities 23,619 - ------------------------------------------------------------------------------------------------ Net Cash Provided By / (Used In) Operations 179,184 CASH FLOW FROM INVESTING ACTIVITIES Purchase of Property 0 Sale of Property 0 - ------------------------------------------------------------------------------------------------ Net Cash Provided By / (Used In) Investing Activities 0 CASH FLOW FROM FINANCING ACTIVITIES Payment of Debt & Capital Lease Obligations (35,000) Proceeds from Debt Issuance / Drawdown 0 Proceeds from Issuance of Common Stock 0 - ------------------------------------------------------------------------------------------------ Net Cash Provided By / (Used In) Financing Activities (35,000) - ------------------------------------------------------------------------------------------------ Net Increase / (Decrease) in Cash 144,184 - ------------------------------------------------------------------------------------------------ Beginning of Period Cash Balance 1,469,373 - ------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------ End of Period Cash Balance 1,613,557 ================================================================================================
Page 16 of 17 IX. QUESTIONNAIRE 1. Has the debtor-in-possession made any payments on its pre-petition unsecured debt, except as has been authorized by the court? No X Yes Explain: 2. Has the debtor-in-possession during this reporting period provided compensation or remuneration to any officers, directors, principals or other insiders without appropriate authorization? No X Yes Amount, to whom, and for what period: 3. State what progress was made during the reporting period toward filing a plan of reorganization: An initial plan of reorganization was filed on June 4, 2001. 4. Describe potential future events which may have a significant impact on the case. 5. Attach copies of all Orders granting relief from the automatic stay that were entered during the reporting period. 6. Did you receive any exempt income this month, which is not set forth in the operating report? No X Yes If yes, please set forth the amounts and the source of the income. I, DONALD H. HARNOIS, JR., CHIEF FINANCIAL OFFICER, declare under penalty of perjury that I have fully read and understood the foregoing debtor-in-possession operating report and that the information contained herein is true and complete to the best of my knowledge. Date: June 17, 2001 s/ Donald H. Harnois, Jr. ---------------------------------- Principal for debtor-in-possession -----END PRIVACY-ENHANCED MESSAGE-----