Huffy (HUFCQ) 8-K Results of Operations and Financial Condition

Huffy Corporation Consolidated
OPERATING STATEMENT
PERIOD ENDING: JULY 2, 2005
	Case No: 04-39148
($000)	Totals	Totals
	Current Month	Since Filing
Net Sales	10,190	135,973
Total Cost of Sales	8,466	116,462
Adjusted Gross Profit	1,724	19,511
% Net Sales	16.9%	14.3%
Operating Expenses;
Total Selling Expenses	1,296	8,613
% Net Sales	12.7%	6.3%
Other Product Line Expenses	507	4,764
% Net Sales	5.0%	3.5%
Corporate Expenses, Net	732	7,170
Total Operating Expenses	2,535	20,547
% Net Sales	24.9%	15.1%
Operating Income	(811)	(1,036)
% Net Sales	-8.0%	-0.8%
Other (Income)/Expense	64	(351)
EBIT Excl. Restructuring	(875)	(685)
% Net Sales	-8.6%	-0.5%
Restructuring & Other Expense	1,360	17,741	A
Interest Expense	340	4,177
Pre-Tax Income From Contin. Ops	��         (2,575)	(22,603)
Loss/(Gain) on Discontinued OPS	(126)	2,213
Pre-Tax	(2,449)	(24,816)
Provision for Taxes	(925)	(1,737)
Net Earnings	(1,524)	(23,079)
A- REFLECTS WRITE DOWN OF INTANGIBLE ASSETS
FOR YEAR-END 2004 OF $9.9 MILLION

Huffy Corporation Consolidated	Jun-05	May-05	19-Oct-04
Balance Sheet	Current	Prior	At
PERIOD ENDING: JULY 2, 2005	Month	Month	Filing
Total Cash	$622	$832	$2,638
Net Receivables	$21,300	$33,991	$33,453
Net Inventory	$35,090	$28,637	$21,730
Total Prepaids	$5,530	$6,266	$8,497
Net PP & E	$1,456	$1,501	$3,943
Goodwill-net of Amortization	$21,485	$21,485	$21,485
Other Assets	$11,126	$11,162	$28,258	A
Total Assets	$96,609	$103,874	$120,004
Liabilities & Equity
Post Petition Liabilities
Accounts Payable	$26,341	$23,548	$0
Accrued Liabilities	$2,311	$3,177	$6,746
Wages & Salaries/Commissions	$526	$537	$0
Total Post Petition Liabilities	$29,178	$27,262	$6,746
Bank Debt	$16,387	$22,932	$31,342
Prepetition Liabilities
Accounts Payable	$64,278	$64,278	$66,858
Other Current Liabilities	$1,742	$1,742	$832
Accrued Liabilities	$14,039	$15,328	$16,673
Mortgage/Notes & Capital Leases	$722	$738	$661
Salaried Pension	$26,494	$26,321	$24,176
Long Term Liabilities	$16,974	$16,954	$22,842
Intercompany Accounts	$0	$0	$0
Liabilities Subject to Compromise	$124,249	$125,361	$132,042
Total Liabilities	$169,814	$175,555	$170,130
Shareholder's Equity
Owners Capital	$35,907	$35,907	$35,907
Pre Petition Retained Earnings	($86,033)	($86,033)	($86,033)
Post Petition Retained Earnings	($23,079)	($21,555)	$0
Total Shareholder's Equity	($73,205)	($71,681)	($50,126)
Total Liabilities & Equity	$96,609	$103,874	$120,004
Variance	$0	$0	$0
A- REFLECTS WRITE DOWN OF INTANGIBLE ASSETS
FOR YEAR-END 2004 OF $9.9 MILLION

TRANSMITTAL OF FINANCIAL REPORTS AND
CERTIFICATION OF COMPLIANCE WITH
UNITED STATES TRUSTEE OPERATING REQUIREMENTS FOR
THE PERIOD ENDED:  JULY 2, 2005
IN RE:					:	CASE NO:  04-39148
					:	Chapter 11
					:	Judge:  Lawrence S. Walter
					:
HUFFY CORPORATION
	Debtor
As debtor in possession, I affirm:
1.	That I have reviewed the financial statements attached hereto, consisting of:
	√	Operating Statement			(Form 2)
	√	Balance Sheet			(Form 3)
	√	Summary of Operations			(Form 4)
	√	Monthly Cash Statement			(Form 5)
	√	Cash Report			(Form 5A)
	√	Statement of Compensation			(Form 6)
	√	Schedule of In-Force Insurance			(Form 7)
and that they have been prepared in accordance with normal and customary accounting
practices, and fairly and accurately reflect the debtor's financial activity for the period stated;
2.	That the insurance, including workers' compensation and unemployment insurance,
as described in Section 4 of the Reporting Requirements For Chapter 11 Cases is in effect; and,
(If not, attach a written explanation)			YES  √			NO
3.	That all postpetition taxes as described in Sections 1 and 14 of the Operating
Instructions and Reporting Requirements For Chapter 11 cases are current.
(If not, attach a written explanation)			YES  √			NO
4.	No professional fees (attorney, accountant, etc.) have been paid without specific
court authorization.
(If not, attach a written explanation)			YES  √			NO
5.	All United States Trustee Quarterly fees have been paid and are current.
6.	Have you filed your prepetition tax returns.
(If not, attach a written explanation)			YES  √			NO
I hereby certify, under penalty of perjury, that the information provided above and in the attached
documents is true and correct to the best of my information and belief.
	Dated:  7/28/2005		/s/ Steven D. Lipton
			(Debtor in Possession)
			Senior Vice President and Controller
			Title
			(937) 865-2829
			Phone
								FORM 1
Huffy Bike and Huffy Corporate
OPERATING STATEMENT
PERIOD ENDING: JULY 2, 2005
				Case No: 04-39148
($000)				Totals			Totals
				Current Month			Since Filing
Net Sales				7,096			114,817
Adjusted Gross Profit				903			13,499
% Net Sales				12.7%			11.8%
Total Selling Expenses				638			5,109
% Net Sales				9.0%			4.4%
Other Product Line Expenses				464			4,353
% Net Sales				6.5%			3.8%
Corporate Expenses, Net				732			7,170
Total Operating Expenses				1,834			16,632
% Net Sales				25.8%			14.5%
Operating Income				(931)			(3,133)
% Net Sales				-13.1%			-2.7%
Other (Income)/Expense				4			(417)
EBIT Excl. Restructuring				(935)			(2,716)
% Net Sales				-13.2%			-2.4%
Restructuring & Other Expense				1,360			8,281
Interest Expense				164			2,772
Pre-Tax Income From Contin. Ops				(2,459)			(13,769)
Loss/(Gain) on Discontinued OPS				6			(2,528)
Pre-Tax				(2,465)			(11,241)
Provision for Taxes				(931)			(7,512)
Net Earnings				(1,534)			(3,729)

FORM 2

Huffy Bike and Huffy Corporate	Jun-05	May-05	19-Oct-04
Balance Sheet	Current	Prior	At
PERIOD ENDING: JULY 2, 2005	Month	Month	Filing
Total Cash	$277	$489	$1,563
Net Receivables	$14,426	$25,398	$24,479
Net Inventory	$27,587	$22,805	$9,097
Total Prepaids	$4,908	$5,409	$8,180
Net PP & E	$1,358	$1,397	$3,028
Goodwill-net of Amortization	$5,620	$5,620	$5,620
Other Assets	$2,651	$2,687	$2,277
Total Assets	$56,827	$63,805	$54,244
Liabilities & Equity
Post Petition Liabilities
Accounts Payable	$22,081	$20,899	$0
Accrued Liabilities	$3,474	$1,964	$5,061
Wages & Salaries/Commissions	$291	$291	$0
Total Post Petition Liabilities	$25,846	$23,154	$5,061
Bank Debt	$9,607	$14,848	$17,931
Prepetition Liabilities
Accounts Payable	$52,836	$52,836	$55,477
Other Current Liabilities	$266	$266	$450
Accrued Liabilities	$11,365	$11,365	$15,454
Mortgage/Notes & Capital Leases	$130	$146	$139
Salaried Pension	$26,494	$26,321	$24,176
Long Term Liabilities	$16,974	$20,227	$22,842
Intercompany Accounts with Entities	($73,344)	($73,545)	($77,668)
Liabilities Subject to Compromise	$34,721	$37,616	$40,870
Total Liabilities	$70,174	$75,618	$63,862
Shareholder's Equity
Owners Capital	($4,789)	($4,789)	($4,789)
Pre Petition Retained Earnings	($4,829)	($4,829)	($4,829)
Post Petition Retained Earnings	($3,729)	($2,195)	$0
Total Shareholder's Equity	($13,347)	($11,813)	($9,618)
Total Liabilities & Equity	$56,827	$63,805	$54,244
Variance	$0	$0	$0

FORM 3

		HUFFY BIKES & CORPORATE
		SUMMARY OF OPERATIONS
		Period Ended: JULY 2, 2005
				Case No: 04-39148
	Schedule of Postpetition Taxes Payable
	Beginning	Accrued/	Payments/	Ending
( $ in 000)	Balance	Withheld	Deposits	Balance
Income Taxes Withheld:
Federal:	$0	$0	$0	$0
State:				$0
Local:				$0
FICA Withheld:				$0
Employers FICA:	$0	$0	$0	$0
Unemployment Tax:
Federal:	$0	$0		$0
State:	$0	$0		$0
Sales, Use & Excise
Taxes:	$0	$0		$0
Property Taxes:	$0	$0		$0
Real Estate Taxes	$0	$0		$0
TOTALS:	$0	$0	$0	$0
		AGING OF ACCOUNTS RECEIVABLE
		AND POSTPETITION ACCOUNTS PAYABLE
Age in Days	0-30	30-60	Over 60	TOTALS
Post Petition	22,081,141	-	-	22,081,141
Accounts Payable
Accounts Receivable	15,153,809	502,172	969,944	16,625,925
For all postpetiton accounts payable over 30 days old, please attach a sheet listing each such
account to whom the account is owed, the date the account was opened, and the reason for
non-payment of the account.
Describe events or factors occurring during this reporting period materially affecting operations
and formulation of a Plan of Reorganization:
				FORM 4

CASE NAME:	Huffy
CASE NUMBER:	04-39148
MONTH & YEAR	June-05
TOTAL CASH FLOW	Beginning			Net Cash	Ending
Description	Balance	Receipts	Disbursements	Flow	Balance
Corporate Office	$508,283	$22,193,696	($22,572,439)	($378,743)	$129,540
Huffy Bicycle Company	($18,945)	$32,866,482	($32,700,051)	$166,431	$147,486
Total Cash Flow	$489,338	$55,060,178	($55,272,490)	($212,312)	$277,026

FORM 5

MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS

Period Ending:  June 2005

Case No:  04-39148

The following information is to be provided for each shareholder, officer, director, manager, insider, or owner that is employed by the debtor in possession.

Attach additional pages if necessary.

Name:

W. Anthony Huffman

Capacity:

                  Shareholder

                  Officer

        X       Director

                  Insider

Detailed Description of Duties:

Serves as Director of Huffy Corporation.

Serves on Nominating and Governance Committee.

Current Compensation Paid:		Weekly	or	Monthly
Current Benefits Paid:		Weekly	or	Monthly
	Health Insurance			$    861.35
	Life Insurance
	Retirement			2,936.75
	Company Vehicle
	Entertainment
	Travel (Reimbursed)
	Other Benefits (Dental, AD&D)			73.75
	Total Benefits			3,871.85
Current Other Payment Paid:		Weekly	or	Monthly
	Rent Paid
	Loans
	Other (Describe)
	Other (Describe)
	Other (Describe)
	Total Other Payments
CURRENT TOTAL OF ALL PAYMENTS:		Weekly	or	Monthly
				$ 3,871.85
Dated:
		Principal, Officer, Director, or Insider

xviii.

FORM 6

MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS

Period Ending:  June 2005

Case No:  04-39148

The following information is to be provided for each shareholder, officer, director, manager, insider, or owner that is employed by the debtor in possession.

Attach additional pages if necessary.

Name:

Donald K. Miller

Capacity:

                  Shareholder

                  Officer

        X       Director

                  Insider

Detailed Description of Duties:

Serves as a Director of Huffy Corporation.

Serves on Audit Committee.

Current Compensation Paid:		Weekly	or	Monthly
Current Benefits Paid:		Weekly	or	Monthly
	Health Insurance
	Life Insurance
	Retirement
	Company Vehicle
	Entertainment
	Travel (Reimbursed)
	Other Benefits (Dental, AD&D)
	Total Benefits
Current Other Payment Paid:		Weekly	or	Monthly
	Rent Paid
	Loans
	Other (Describe)
	Other (Describe)
	Other (Describe)
	Total Other Payments
CURRENT TOTAL OF ALL PAYMENTS:		Weekly	or	Monthly
				$  0.00
Dated:
		Principal, Officer, Director, or Insider

xviii.

FORM 6

MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS

Period Ending:  June 2005

Case No:  04-39148

The following information is to be provided for each shareholder, officer, director, manager, insider, or owner that is employed by the debtor in possession.

Attach additional pages if necessary.

Name:

James F. Robeson

Capacity:

                  Shareholder

                  Officer

        X       Director

                  Insider

Detailed Description of Duties:

Serves as Director of Huffy Corporation.

Serves on Audit Committee (Chairman) and Compensation Committee.

Current Compensation Paid:		Weekly	or	Monthly
Current Benefits Paid:		Weekly	or	Monthly
	Health Insurance
	Life Insurance
	Retirement
	Company Vehicle
	Entertainment
	Travel (Reimbursed)
	Other Benefits (Dental, AD&D)
	Total Benefits
Current Other Payment Paid:		Weekly	or	Monthly
	Rent Paid
	Loans
	Other (Describe)
	Other (Describe)
	Other (Describe)
	Total Other Payments
CURRENT TOTAL OF ALL PAYMENTS:		Weekly	or	Monthly
				$  0.00
Dated:
		Principal, Officer, Director, or Insider

xviii.

FORM 6

MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS

Period Ending:  June 2005

Case No:  04-39148

The following information is to be provided for each shareholder, officer, director, manager, insider, or owner that is employed by the debtor in possession.

Attach additional pages if necessary.

Name:

Thomas C. Sullivan

Capacity:

                  Shareholder

                  Officer

        X       Director

                  Insider

Detailed Description of Duties:

Serves as Chairman of Huffy Corporation.

Serves on Compensation Committee (Chairman).

Current Compensation Paid:		Weekly	or	Monthly
Current Benefits Paid:		Weekly	or	Monthly
	Health Insurance
	Life Insurance
	Retirement
	Company Vehicle
	Entertainment
	Travel (Reimbursed)
	Other Benefits (Dental, AD&D)
	Total Benefits
Current Other Payment Paid:		Weekly	or	Monthly
	Rent Paid
	Loans
	Other (Describe)
	Other (Describe)
	Other (Describe)
	Total Other Payments
CURRENT TOTAL OF ALL PAYMENTS:		Weekly	or	Monthly
				$  0.00
Dated:
		Principal, Officer, Director, or Insider

xviii.

FORM 6

MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS

Period Ending:  June 2005

Case No:  04-39148

The following information is to be provided for each shareholder, officer, director, manager, insider, or owner that is employed by the debtor in possession.

Attach additional pages if necessary.

Name:

Joseph P. Viviano

Capacity:

                  Shareholder

                  Officer

        X       Director

                  Insider

Detailed Description of Duties:

Serves as Director of Huffy Corporation.

Serves on Compensation Committee and Nominating and Governance Committee (Chairman).

Current Compensation Paid:		Weekly	or	Monthly
Current Benefits Paid:		Weekly	or	Monthly
	Health Insurance
	Life Insurance
	Retirement
	Company Vehicle
	Entertainment
	Travel (Reimbursed)
	Other Benefits (Dental, AD&D)
	Total Benefits
Current Other Payment Paid:		Weekly	or	Monthly
	Rent Paid
	Loans
	Other (Describe)
	Other (Describe)
	Other (Describe)
	Total Other Payments
CURRENT TOTAL OF ALL PAYMENTS:		Weekly	or	Monthly
				$  0.00
Dated:
		Principal, Officer, Director, or Insider

xviii.

FORM 6

MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS

Period Ending:  June 2005

Case No:  04-39148

The following information is to be provided for each shareholder, officer, director, manager, insider, or owner that is employed by the debtor in possession.

Attach additional pages if necessary.

Name:

Nancy A. Michaud

Capacity:

                  Shareholder

        X       Officer

                  Director

                  Insider

Detailed Description of Duties:

Senior Vice President - General Counsel

 and Secretary -

responsible for and manages all legal aspects of the Debtor’s business.  Serves as Corporate

Secretary.

Current Compensation Paid:		Weekly	or	Monthly
				$ 19,923.08
Current Benefits Paid:		Weekly	or	Monthly
	Health Insurance			963.35
	Life Insurance			6.00
	Retirement
	Company Vehicle			800.00
	Entertainment
	Travel (Reimbursed)			695.12
	Other Benefits (Dental, AD&D, LTD)			157.06
	Total Benefits			2,621.53
Current Other Payment Paid:		Weekly	or	Monthly
	Rent Paid
	Loans
	Other (Describe) Financial Planning
	Other (Describe)
	Other (Describe)
	Total Other Payments
CURRENT TOTAL OF ALL PAYMENTS:		Weekly	or	Monthly
				$ 22,544.61
Dated:
		Principal, Officer, Director, or Insider

xviii.

FORM 6

MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS

Period Ending:  June 2005

Case No:  04-39148

The following information is to be provided for each shareholder, officer, director, manager, insider, or owner that is employed by the debtor in possession.

Attach additional pages if necessary.

Name:

John A. Muskovich

Capacity:

                  Shareholder

        X       Officer

                  Director

                  Insider

Detailed Description of Duties:

Chief Executive Officer - responsible for overall

management and supervision, strategic planning and development of Debtor’s business.

Current Compensation Paid:		Weekly	or	Monthly
				$ 30,461.54
Current Benefits Paid:		Weekly	or	Monthly
	Health Insurance			963.35
	Life Insurance			6.00
	Retirement
	Company Vehicle			1,000.00
	Entertainment
	Travel (Reimbursed)			1,961.28
	Other Benefits (Dental, AD&D, LTD)			201.13
	Total Benefits			4,131.76
Current Other Payment Paid:		Weekly	or	Monthly
	Rent Paid
	Loans
	Other (Describe) Financial Planning
	Other (Describe)
	Other (Describe)
	Total Other Payments
CURRENT TOTAL OF ALL PAYMENTS:		Weekly	or	Monthly
				$ 34,593.30
Dated:
		Principal, Officer, Director, or Insider

xviii.

FORM 6

MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS

Period Ending:  June 2005

Case No:  04-39148

The following information is to be provided for each shareholder, officer, director, manager, insider, or owner that is employed by the debtor in possession.

Attach additional pages if necessary.

Name:

Robert W. Lafferty

Capacity:

                  Shareholder

        X       Officer

                  Director

                  Insider

Detailed Description of Duties:

Senior Vice President - Finance, Chief Financial Officer

and Treasurer - responsible for all finance and treasury functions of the Debtors’ business.

Current Compensation Paid:		Weekly	or	Monthly
				$ 23,230.78
Current Benefits Paid:		Weekly	or	Monthly
	Health Insurance			963.35
	Life Insurance			6.00
	Company Vehicle			800.00
	Entertainment
	Travel (Reimbursed)
	Other Benefits (Dental, AD&D, LTD)			170.89
	Total Benefits			1,940.24
Current Other Payment Paid:		Weekly	or	Monthly
	Rent Paid
	Loans
	Other (Describe) Executive Life
	Other (Describe) Financial Planning
	Other (Describe)
	Total Other Payments
CURRENT TOTAL OF ALL PAYMENTS:		Weekly	or	Monthly
				$25,171.02
Dated:
		Principal, Officer, Director, or Insider

xviii.

FORM 6

MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS

Period Ending:  June 2005

Case No:  04-39148

The following information is to be provided for each shareholder, officer, director, manager, insider, or owner that is employed by the debtor in possession.

Attach additional pages if necessary.

Name:

Steven D. Lipton

Capacity:

                  Shareholder

        X       Officer

                  Director

                  Insider

Detailed Description of Duties:

Senior Vice President -  Controller  - responsible for all accounting functions of  the Debtors’ business.

Current Compensation Paid:		Weekly	or	Monthly
				$ 15,384.62
Current Benefits Paid:		Weekly	or	Monthly
	Health Insurance			465.06
	Life Insurance			48.00
	Company Vehicle			1,600.00
	Entertainment
	Travel (Reimbursed)			91.04
	Other Benefits (Dental, AD&D, LTD)			90.26
	Total Benefits			2,294.36
Current Other Payment Paid:		Weekly	or	Monthly
	Rent Paid
	Loans
	Other (Describe)
	Other (Describe)
	Other (Describe)
	Total Other Payments
CURRENT TOTAL OF ALL PAYMENTS:		Weekly	or	Monthly
				$ 17,678.98
Dated:
		Principal, Officer, Director, or Insider

xviii.

FORM 6

 SCHEDULE OF IN-FORCE INSURANCE

Period Ending:  JULY 2, 2005

Case No. 04-39148  

INSURANCE TYPE	CARRIER	EXPIRATION DATE
General Business Policy	Lexington Ins. Co.	9/1/05
Directors & Officers Liability	Federal Ins. Co. (Chubb)	1/1/06
Excess Directors & Officers Liability	Zurich Ins. Co.	1/1/06
Excess Directors & Officers Liability	National Union Fire Ins. Co.	1/1/06
Outside Directors Liability	Federal Ins. Co. (Chubb)	1/1/06
Fiduciary Liability & Crime	Federal Ins. Co. (Chubb)	1/1/06
Employed Lawyers	Executive Risk Indemnity (Chubb)	1/1/06
Cargo & War	Fireman’s Fund Ins. Co.	7/1/06
General Liability	Lexington Ins. Co.	9/1/05
Automobile Liability	Progressive Preferred Ins. Co.	7/1/06
Umbrella Liability	National Union fire Ins. Co. (AIG)	9/1/05
Property	American Guaranty & Liability	9/1/05
Excess California Earthquake	Clarendon/Empire/Glencoe	7/1/06
International Liability	ACE American Ins. Co.	9/1/05
Kidnap/Ransom	Federal Ins. Co. (Chubb)	8/15/05
Pollution Legal Liability	American International Specialty Lines	1/6/10
Illinois Workers’ Compensation	Virginia Surety Company	7/1/06
Ohio Workers’ Compensation	Ohio State Fund	Ongoing
California Workers’ Compensation	California State Fund	Ongoing

FORM 7

TRANSMITTAL OF FINANCIAL REPORTS AND
CERTIFICATION OF COMPLIANCE WITH
UNITED STATES TRUSTEE OPERATING REQUIREMENTS FOR
THE PERIOD ENDED:  JULY 2, 2005
IN RE:				:	CASE NO:  04-39149
				:	Chapter 11
				:	Judge:  Lawrence S. Walter
				:
HUFFY RISK MANAGEMENT
	Debtor
As debtor in possession, I affirm:
1.	That I have reviewed the financial statements attached hereto, consisting of:
	√	Operating Statement		(Form 2)
	√	Balance Sheet		(Form 3)
	N/A	Summary of Operations		(Form 4)
	N/A	Monthly Cash Statement		(Form 5)
	N/A	Cash Report		(Form 5A)
	N/A	Statement of Compensation		(Form 6)
	√	Schedule of In-Force Insurance		(Form 7)
and that they have been prepared in accordance with normal and customary accounting
practices, and fairly and accurately reflect the debtor's financial activity for the period stated;
2.	That the insurance, including workers' compensation and unemployment insurance,
as described in Section 4 of the Reporting Requirements For Chapter 11 Cases is in effect; and,
(If not, attach a written explanation)			YES  √		NO
3.	That all postpetition taxes as described in Sections 1 and 14 of the Operating
Instructions and Reporting Requirements For Chapter 11 cases are current.
(If not, attach a written explanation)			YES  √		NO
4.	No professional fees (attorney, accountant, etc.) have been paid without specific
court authorization.
(If not, attach a written explanation)			YES  √		NO
5.	All United States Trustee Quarterly fees have been paid and are current.
6.	Have you filed your prepetition tax returns.
(If not, attach a written explanation)			YES  √		NO
I hereby certify, under penalty of perjury, that the information provided above and in the attached
documents is true and correct to the best of my information and belief.
	Dated:  7/28/2005		/s/ Steven D. Lipton
			(Debtor in Possession)
			Senior Vice President & Controller
			Title
			(937) 865-2829
			Phone
						FORM 1

HUFFY RISK MANAGEMENT (HRMI)
OPERATING STATEMENT
PERIOD ENDING: JULY 2, 2005
	Case No: 04-39149
($000)	Totals	Totals
	Current Month	Since Filing
Net Sales	-	-
Adjusted Gross Profit	-	-
% Net Sales	#DIV/0!	#DIV/0!
Total Selling Expenses	-	-
% Net Sales	#DIV/0!	#DIV/0!
Other Product Line Expenses	-	-
% Net Sales	#DIV/0!	#DIV/0!
Corporate Expenses, Net	-	-
Total Operating Expenses	-	-
% Net Sales	#DIV/0!	#DIV/0!
Operating Income	-	-
% Net Sales	#DIV/0!	#DIV/0!
Other (Income)/Expense	-	-
EBIT Excl. Restructuring	-	-
% Net Sales	#DIV/0!	#DIV/0!
Restructuring & Other Expense	-	-
Interest Expense	-	968
Pre-Tax Income From Contin. Ops	-	(968)
Loss/(Gain) on Discontinued OPS	-	236
Pre-Tax	-	(1,204)
Provision for Taxes	0	0
Net Earnings	-	(1,204)

FORM 2

HUFFY RISK MANAGEMENT (HRMI)	Jun-05	May-05	19-Oct-04
Balance Sheet	Current	Prior	At
PERIOD ENDING: JULY 2, 2005	Month	Month	Filing
Total Cash	$0	$0	$0
Net Receivables	$0	$0	$0
Net Inventory	$0	$0	$0
Total Prepaids	$0	$0	$0
Net PP & E	$0	$0	$0
Goodwill-net of Amortization	$0	$0	$0
Other Assets	$0	$0	$0
Total Assets	$0	$0	$0
Liabilities & Equity
Post Petition Liabilities
Accounts Payable	$0	$0	$0
Accrued Liabilities	$0	$0	$0
Wages & Salaries/Commissions	$0	$0	$0
Total Post Petition Liabilities	$0	$0	$0
Bank Debt	$0	$0	$0
Prepetition Liabilities
Accounts Payable	$0	$0	$0
Other Current Liabilities	$1,741	$1,741	$675
Accrued Liabilities	$0	$0	$0
Mortgage/Notes & Capital Leases	$0	$0	$0
Salaried Pension	$0	$0	$0
Long Term Liabilities	$0	$0	$0
Intercompany Huffy	($993)	($993)	($1,132)
Liabilities Subject to Compromise	$748	$748	($457)
Total Liabilities	$748	$748	($457)
Shareholder's Equity
Owners Capital	$180	$180	$180
Pre Petition Retained Earnings	$277	$277	$277
Post Petition Retained Earnings	($1,205)	($1,205)	$0
Total Shareholder's Equity	($748)	($748)	$457
Total Liabilities & Equity	$0	$0	$0
Variance	$0	$0	$0

FORM 3

SCHEDULE OF IN-FORCE INSURANCE

Period Ending:  JULY 2, 2005

Case No. 04-39149   

INSURANCE TYPE	CARRIER	EXPIRATION DATE
Workers’ Compensation	Commerce and Industry Ins. Co	7/1/05
General Business Policy	Lexington Ins. Co.	7/1/05
Directors & Officers Liability	Federal Ins. Co. (Chubb)	1/1/06
Excess Directors & Officers Liability	Zurich Ins. Co.	1/1/06
Excess Directors & Officers Liability	National Union Fire Ins. Co.	1/1/06
Outside Directors Liability	Federal Ins. Co. (Chubb)	1/1/06
Fiduciary Liability & Crime	Federal Ins. Co. (Chubb)	1/1/06
Employed Lawyers	Executive Risk Indemnity (Chubb)	1/1/06
Cargo & War	Fireman’s Fund Ins. Co.	7/1/05
General Liability	Lexington Ins. Co.	7/1/05
Automobile Liability	Progressive Preferred Ins. Co.	7/1/05
Worker’s Compensation (CA)	Commerce & Industry Ins. Co.	7/1/05
Excess Worker’s Compensation	Employers Reinsurance Corporation	7/1/05
Umbrella Liability	National Union fire Ins. Co. (AIG)	7/1/05
Property	American Guaranty & Liability	7/1/05
Excess California Earthquake	Clarendon/Empire/Glencoe	7/1/05
International Liability	ACE American Ins. Co.	7/1/05
Kidnap/Ransom	Federal Ins. Co. (Chubb)	8/15/05
Non-Owned Aircraft Liability	XL Specialty Ins. Co.	7/1/05
Pollution Legal Liability	American International Specialty Lines	1/6/10

FORM 7

TRANSMITTAL OF FINANCIAL REPORTS AND
CERTIFICATION OF COMPLIANCE WITH
UNITED STATES TRUSTEE OPERATING REQUIREMENTS FOR
THE PERIOD ENDED:  JULY 2, 2005
IN RE:				:	CASE NO:  04-39150
				:	Chapter 11
				:	Judge:  Lawrence S. Walter
				:
HUFCO-OHIO, INC.
	Debtor
As debtor in possession, I affirm:
1.	That I have reviewed the financial statements attached hereto, consisting of:
	N/A	Operating Statement		(Form 2)
	N/A	Balance Sheet		(Form 3)
	N/A	Summary of Operations		(Form 4)
	N/A	Monthly Cash Statement		(Form 5)
	N/A	Cash Report		(Form 5A)
	N/A	Statement of Compensation		(Form 6)
	√	Schedule of In-Force Insurance		(Form 7)
and that they have been prepared in accordance with normal and customary accounting
practices, and fairly and accurately reflect the debtor's financial activity for the period stated;
2.	That the insurance, including workers' compensation and unemployment insurance,
as described in Section 4 of the Reporting Requirements For Chapter 11 Cases is in effect; and,
(If not, attach a written explanation)			YES  √		NO
3.	That all postpetition taxes as described in Sections 1 and 14 of the Operating
Instructions and Reporting Requirements For Chapter 11 cases are current.
(If not, attach a written explanation)			YES  √		NO
4.	No professional fees (attorney, accountant, etc.) have been paid without specific
court authorization.
(If not, attach a written explanation)			YES  √		NO
5.	All United States Trustee Quarterly fees have been paid and are current.
6.	Have you filed your prepetition tax returns.
(If not, attach a written explanation)			YES  √		NO
I hereby certify, under penalty of perjury, that the information provided above and in the attached
documents is true and correct to the best of my information and belief.
	Dated:7/28/2005		/s/ Steven D. Lipton
			(Debtor in Possession)
			Senior Vice President and Controller
			Title
			(937) 865-2829
			Phone
						FORM 1

HUFCO-OHIO, INC.

TAXES

As of February 26, 2005 all state tax returns for CRS for 2002 and 2003 have been filed.  Extensions are in the process of being requested for the 2004 returns and the returns will be filed by those dates.

SCHEDULE OF IN-FORCE INSURANCE

Period Ending:  JULY 2, 2005

Case No. 04-39150  

INSURANCE TYPE	CARRIER	EXPIRATION DATE
General Business Policy	Lexington Ins. Co.	9/1/05
Directors & Officers Liability	Federal Ins. Co. (Chubb)	1/1/06
Excess Directors & Officers Liability	Zurich Ins. Co.	1/1/06
Excess Directors & Officers Liability	National Union Fire Ins. Co.	1/1/06
Outside Directors Liability	Federal Ins. Co. (Chubb)	1/1/06
Fiduciary Liability & Crime	Federal Ins. Co. (Chubb)	1/1/06
Employed Lawyers	Executive Risk Indemnity (Chubb)	1/1/06
Cargo & War	Fireman’s Fund Ins. Co.	7/1/06
General Liability	Lexington Ins. Co.	9/1/05
Automobile Liability	Progressive Preferred Ins. Co.	7/1/06
Umbrella Liability	National Union fire Ins. Co. (AIG)	9/1/05
Property	American Guaranty & Liability	9/1/05
Excess California Earthquake	Clarendon/Empire/Glencoe	7/1/06
International Liability	ACE American Ins. Co.	9/1/05
Kidnap/Ransom	Federal Ins. Co. (Chubb)	8/15/05
Pollution Legal Liability	American International Specialty Lines	1/6/10
Illinois Workers’ Compensation	Virginia Surety Company	7/1/06
Ohio Workers’ Compensation	Ohio State Fund	Ongoing
California Workers’ Compensation	California State Fund	Ongoing

FORM 7

TRANSMITTAL OF FINANCIAL REPORTS AND
CERTIFICATION OF COMPLIANCE WITH
UNITED STATES TRUSTEE OPERATING REQUIREMENTS FOR
THE PERIOD ENDED:  JULY 2, 2005
IN RE:				:	CASE NO:  04-39151
				:	Chapter 11
				:	Judge:  Lawrence S. Walter
				:
HCAC, INC.
	Debtor
As debtor in possession, I affirm:
1.	That I have reviewed the financial statements attached hereto, consisting of:
	N/A	Operating Statement		(Form 2)
	N/A	Balance Sheet		(Form 3)
	N/A	Summary of Operations		(Form 4)
	N/A	Monthly Cash Statement		(Form 5)
	N/A	Cash Report		(Form 5A)
	N/A	Statement of Compensation		(Form 6)
	√	Schedule of In-Force Insurance		(Form 7)
and that they have been prepared in accordance with normal and customary accounting
practices, and fairly and accurately reflect the debtor's financial activity for the period stated;
2.	That the insurance, including workers' compensation and unemployment insurance,
as described in Section 4 of the Reporting Requirements For Chapter 11 Cases is in effect; and,
(If not, attach a written explanation)			YES  √		NO
3.	That all postpetition taxes as described in Sections 1 and 14 of the Operating
Instructions and Reporting Requirements For Chapter 11 cases are current.
(If not, attach a written explanation)			YES  √		NO
4.	No professional fees (attorney, accountant, etc.) have been paid without specific
court authorization.
(If not, attach a written explanation)			YES  √		NO
5.	All United States Trustee Quarterly fees have been paid and are current.
6.	Have you filed your prepetition tax returns.
(If not, attach a written explanation)			YES  √		NO
I hereby certify, under penalty of perjury, that the information provided above and in the attached
documents is true and correct to the best of my information and belief.
	Dated:  7/28/2005		/s/ Steven D. Lipton
			(Debtor in Possession)
			Senior Vice President & Controller
			Title
			(937) 865-2829
			Phone
						FORM 1

SCHEDULE OF IN-FORCE INSURANCE

Period Ending:  JULY 2, 2005

Case No. 04-39151   

INSURANCE TYPE	CARRIER	EXPIRATION DATE
General Business Policy	Lexington Ins. Co.	9/1/05
Directors & Officers Liability	Federal Ins. Co. (Chubb)	1/1/06
Excess Directors & Officers Liability	Zurich Ins. Co.	1/1/06
Excess Directors & Officers Liability	National Union Fire Ins. Co.	1/1/06
Outside Directors Liability	Federal Ins. Co. (Chubb)	1/1/06
Fiduciary Liability & Crime	Federal Ins. Co. (Chubb)	1/1/06
Employed Lawyers	Executive Risk Indemnity (Chubb)	1/1/06
Cargo & War	Fireman’s Fund Ins. Co.	7/1/06
General Liability	Lexington Ins. Co.	9/1/05
Automobile Liability	Progressive Preferred Ins. Co.	7/1/06
Umbrella Liability	National Union fire Ins. Co. (AIG)	9/1/05
Property	American Guaranty & Liability	9/1/05
Excess California Earthquake	Clarendon/Empire/Glencoe	7/1/06
International Liability	ACE American Ins. Co.	9/1/05
Kidnap/Ransom	Federal Ins. Co. (Chubb)	8/15/05
Pollution Legal Liability	American International Specialty Lines	1/6/10
Illinois Workers’ Compensation	Virginia Surety Company	7/1/06
Ohio Workers’ Compensation	Ohio State Fund	Ongoing
California Workers’ Compensation	California State Fund	Ongoing

FORM 7

TRANSMITTAL OF FINANCIAL REPORTS AND
CERTIFICATION OF COMPLIANCE WITH
UNITED STATES TRUSTEE OPERATING REQUIREMENTS FOR
THE PERIOD ENDED:  JULY 2, 2005
IN RE:				:	CASE NO:  04-39152
				:	Chapter 11
				:	Judge:  Lawrence S. Walter
				:
HUFCO-DELAWARE COMPANY
	Debtor
As debtor in possession, I affirm:
1.	That I have reviewed the financial statements attached hereto, consisting of:
	N/A	Operating Statement		(Form 2)
	N/A	Balance Sheet		(Form 3)
	N/A	Summary of Operations		(Form 4)
	N/A	Monthly Cash Statement		(Form 5)
	N/A	Cash Report		(Form 5A)
	N/A	Statement of Compensation		(Form 6)
	√	Schedule of In-Force Insurance		(Form 7)
and that they have been prepared in accordance with normal and customary accounting
practices, and fairly and accurately reflect the debtor's financial activity for the period stated;
2.	That the insurance, including workers' compensation and unemployment insurance,
as described in Section 4 of the Reporting Requirements For Chapter 11 Cases is in effect; and,
(If not, attach a written explanation)			YES  √		NO
3.	That all postpetition taxes as described in Sections 1 and 14 of the Operating
Instructions and Reporting Requirements For Chapter 11 cases are current.
(If not, attach a written explanation)			YES  √		NO
4.	No professional fees (attorney, accountant, etc.) have been paid without specific
court authorization.
(If not, attach a written explanation)			YES  √		NO
5.	All United States Trustee Quarterly fees have been paid and are current.
6.	Have you filed your prepetition tax returns.
(If not, attach a written explanation)			YES  √		NO
I hereby certify, under penalty of perjury, that the information provided above and in the attached
documents is true and correct to the best of my information and belief.
	Dated:  7/28/2005		/s/ Steven D. Lipton
			(Debtor in Possession)
			Senior Vice President and Controller
			Title
			(937) 865-2829
			Phone
						FORM 1

SCHEDULE OF IN-FORCE INSURANCE

Period Ending:  JULY 2, 2005

Case No. 04-39152  

INSURANCE TYPE	CARRIER	EXPIRATION DATE
General Business Policy	Lexington Ins. Co.	9/1/05
Directors & Officers Liability	Federal Ins. Co. (Chubb)	1/1/06
Excess Directors & Officers Liability	Zurich Ins. Co.	1/1/06
Excess Directors & Officers Liability	National Union Fire Ins. Co.	1/1/06
Outside Directors Liability	Federal Ins. Co. (Chubb)	1/1/06
Fiduciary Liability & Crime	Federal Ins. Co. (Chubb)	1/1/06
Employed Lawyers	Executive Risk Indemnity (Chubb)	1/1/06
Cargo & War	Fireman’s Fund Ins. Co.	7/1/06
General Liability	Lexington Ins. Co.	9/1/05
Automobile Liability	Progressive Preferred Ins. Co.	7/1/06
Umbrella Liability	National Union fire Ins. Co. (AIG)	9/1/05
Property	American Guaranty & Liability	9/1/05
Excess California Earthquake	Clarendon/Empire/Glencoe	7/1/06
International Liability	ACE American Ins. Co.	9/1/05
Kidnap/Ransom	Federal Ins. Co. (Chubb)	8/15/05
Pollution Legal Liability	American International Specialty Lines	1/6/10
Illinois Workers’ Compensation	Virginia Surety Company	7/1/06
Ohio Workers’ Compensation	Ohio State Fund	Ongoing
California Workers’ Compensation	California State Fund	Ongoing

FORM 7

TRANSMITTAL OF FINANCIAL REPORTS AND
CERTIFICATION OF COMPLIANCE WITH
UNITED STATES TRUSTEE OPERATING REQUIREMENTS FOR
THE PERIOD ENDED:  JULY 2, 2005
IN RE:				:	CASE NO:  04-39153
				:	Chapter 11
				:	Judge:  Lawrence S. Walter
				:
HUFFY SPORTS, INC.
	Debtor
As debtor in possession, I affirm:
1.	That I have reviewed the financial statements attached hereto, consisting of:
	N/A	Operating Statement		(Form 2)
	N/A	Balance Sheet		(Form 3)
	N/A	Summary of Operations		(Form 4)
	N/A	Monthly Cash Statement		(Form 5)
	N/A	Cash Report		(Form 5A)
	N/A	Statement of Compensation		(Form 6)
	√	Schedule of In-Force Insurance		(Form 7)
and that they have been prepared in accordance with normal and customary accounting
practices, and fairly and accurately reflect the debtor's financial activity for the period stated;
2.	That the insurance, including workers' compensation and unemployment insurance,
as described in Section 4 of the Reporting Requirements For Chapter 11 Cases is in effect; and,
(If not, attach a written explanation)			YES  √		NO
3.	That all postpetition taxes as described in Sections 1 and 14 of the Operating
Instructions and Reporting Requirements For Chapter 11 cases are current.
(If not, attach a written explanation)			YES  √		NO
4.	No professional fees (attorney, accountant, etc.) have been paid without specific
court authorization.
(If not, attach a written explanation)			YES  √		NO
5.	All United States Trustee Quarterly fees have been paid and are current.
6.	Have you filed your prepetition tax returns.
(If not, attach a written explanation)			YES  √		NO
I hereby certify, under penalty of perjury, that the information provided above and in the attached
documents is true and correct to the best of my information and belief.
	Dated:  7/28/2005		/s/ Steven D. Lipton
			(Debtor in Possession)
			Senior Vice President and Controller
			Title
			(937) 865-2829
			Phone
						FORM 1

SCHEDULE OF IN-FORCE INSURANCE

Period Ending:  JULY 2, 2005

Case No. 04-39153  

INSURANCE TYPE	CARRIER	EXPIRATION DATE
General Business Policy	Lexington Ins. Co.	9/1/05
Directors & Officers Liability	Federal Ins. Co. (Chubb)	1/1/06
Excess Directors & Officers Liability	Zurich Ins. Co.	1/1/06
Excess Directors & Officers Liability	National Union Fire Ins. Co.	1/1/06
Outside Directors Liability	Federal Ins. Co. (Chubb)	1/1/06
Fiduciary Liability & Crime	Federal Ins. Co. (Chubb)	1/1/06
Employed Lawyers	Executive Risk Indemnity (Chubb)	1/1/06
Cargo & War	Fireman’s Fund Ins. Co.	7/1/06
General Liability	Lexington Ins. Co.	9/1/05
Automobile Liability	Progressive Preferred Ins. Co.	7/1/06
Umbrella Liability	National Union fire Ins. Co. (AIG)	9/1/05
Property	American Guaranty & Liability	9/1/05
Excess California Earthquake	Clarendon/Empire/Glencoe	7/1/06
International Liability	ACE American Ins. Co.	9/1/05
Kidnap/Ransom	Federal Ins. Co. (Chubb)	8/15/05
Pollution Legal Liability	American International Specialty Lines	1/6/10
Illinois Workers’ Compensation	Virginia Surety Company	7/1/06
Ohio Workers’ Compensation	Ohio State Fund	Ongoing
California Workers’ Compensation	California State Fund	Ongoing

FORM 7

TRANSMITTAL OF FINANCIAL REPORTS AND
CERTIFICATION OF COMPLIANCE WITH
UNITED STATES TRUSTEE OPERATING REQUIREMENTS FOR
THE PERIOD ENDED: JULY 2, 2005
IN RE:				:	CASE NO:  04-39154
				:	Chapter 11
				:	Judge:  Lawrence S. Walter
				:
AMERICAN SPORTS DESIGN COMPANY
	Debtor
As debtor in possession, I affirm:
1.	That I have reviewed the financial statements attached hereto, consisting of:
	√	Operating Statement		(Form 2)
	√	Balance Sheet		(Form 3)
	√	Summary of Operations		(Form 4)
	N/A	Monthly Cash Statement		(Form 5)
	N/A	Cash Report		(Form 5A)
	N/A	Statement of Compensation		(Form 6)
	√	Schedule of In-Force Insurance		(Form 7)
and that they have been prepared in accordance with normal and customary accounting
practices, and fairly and accurately reflect the debtor's financial activity for the period stated;
2.	That the insurance, including workers' compensation and unemployment insurance,
as described in Section 4 of the Reporting Requirements For Chapter 11 Cases is in effect; and,
(If not, attach a written explanation)			YES  √		NO
3.	That all postpetition taxes as described in Sections 1 and 14 of the Operating
Instructions and Reporting Requirements For Chapter 11 cases are current.
(If not, attach a written explanation)			YES  √		NO
4.	No professional fees (attorney, accountant, etc.) have been paid without specific
court authorization.
(If not, attach a written explanation)			YES  √		NO
5.	All United States Trustee Quarterly fees have been paid and are current.
6.	Have you filed your prepetition tax returns.
(If not, attach a written explanation)			YES  √		NO
I hereby certify, under penalty of perjury, that the information provided above and in the attached
documents is true and correct to the best of my information and belief.
	Dated:  7/28/2005		/s/ Steven D. Lipton
			(Debtor in Possession)
			Senior Vice President and Controller
			Title
			(937) 865-2829
			Phone
						FORM 1

AMERICAN SPORTS DESIGN
OPERATING STATEMENT
PERIOD ENDING: JULY 2, 2005
	Case No: 04-39154
($000)	Totals	Totals
	Current Month	Since Filing
Net Sales	-	125
Adjusted Gross Profit	-	125
% Net Sales	#DIV/0!	100.0%
Total Selling Expenses	-	-
% Net Sales	#DIV/0!	0.0%
Other Product Line Expenses	-	44
% Net Sales	#DIV/0!	35.2%
Corporate Expenses, Net	-	-
Total Operating Expenses	-	44
% Net Sales	#DIV/0!	35.2%
Operating Income	-	81
% Net Sales	#DIV/0!	64.8%
Other (Income)/Expense	-	-
EBIT Excl. Restructuring	-	81
% Net Sales	#DIV/0!	64.8%
Restructuring & Other Expense	-	-
Interest Expense	-	-
Pre-Tax Income From Contin. Ops	-	81
Loss/(Gain) on Discontinued OPS	-	-
Pre-Tax	-	81
Provision for Taxes	0	(7)
Net Earnings	-	88

       FORM 2

AMERICAN SPORTS DESIGN	Jun-05	May-05	19-Oct-04
Balance Sheet	Current	Prior	At
PERIOD ENDING: JULY 2, 2005	Month	Month	Filing
Total Cash	$0	$0	$0
Net Receivables	$150	$150	$91
Net Inventory	$0	$0	$0
Total Prepaids	$0	$0	$0
Net PP & E	$0	$0	$0
Goodwill-net of Amortization	$824	$824	$824
Other Assets	$0	$0	$0
Total Assets	$974	$974	$915
Liabilities & Equity
Post Petition Liabilities
Accounts Payable	$0	$0	$0
Accrued Liabilities	($7)	($7)	$0
Wages & Salaries/Commissions	$0	$0	$0
Total Post Petition Liabilities	($7)	($7)	$0
Bank Debt	$0	$0	$0
Prepetition Liabilities
Accounts Payable	$0	$0	$0
Other Current Liabilities	$0	$0	$0
Accrued Liabilities	$0	$0	$0
Mortgage/Notes & Capital Leases	$0	$0	$0
Salaried Pension	$0	$0	$0
Long Term Liabilities	$0	$0	$0
Intercompany Accounts with Huffy	$3,709	$3,709	$3,731
Liabilities Subject to Compromise	$3,709	$3,709	$3,731
Total Liabilities	$3,702	$3,702	$3,731
Shareholder's Equity
Owners Capital	$0	$0	$0
Pre Petition Retained Earnings	($2,816)	($2,816)	($2,816)
Post Petition Retained Earnings	$88	$88	$0
Total Shareholder's Equity	($2,728)	($2,728)	($2,816)
Total Liabilities & Equity	$974	$974	$915
Variance	$0	$0	$0

FORM 3

		AMERICAN SPORTS DESIGN
		SUMMARY OF OPERATIONS
		Period Ended: JULY 2, 2005		Case No: 04-39154
	Schedule of Postpetition Taxes Payable
	Beginning	Accrued/	Payments/	Ending
( $ in 000)	Balance	Withheld	Deposits	Balance
Income Taxes Withheld:
Federal:	$0	$0	$0	$0
State:				$0
Local:				$0
FICA Withheld:				$0
Employers FICA:	$0	$0	$0	$0
Unemployment Tax:
Federal:	$0	$0		$0
State:	$0	$0		$0
Sales, Use & Excise
Taxes:	$0	$0		$0
Property Taxes:	$0	$0		$0
Real Estate Taxes	$0	$0		$0
TOTALS:	$0	$0	$0	$0
		AGING OF ACCOUNTS RECEIVABLE
		AND POSTPETITION ACCOUNTS PAYABLE
Age in Days	0-30	30-60	Over 60
Post Petition	-	-	-	-
Accounts Payable
Accounts Receivable	-	-	194,334	194,334
For all postpetiton accounts payable over 30 days old, please attach a sheet listing each such
account to whom the account is owed, the date the account was opened, and the reason for
non-payment of the account.
Describe events or factors occurring during this reporting period materially affecting operations
and formulation of a Plan of Reorganization:
				FORM 4

SCHEDULE OF IN-FORCE INSURANCE

Period Ending:  JULY 2, 2005

Case No. 04-39154  

INSURANCE TYPE	CARRIER	EXPIRATION DATE
General Business Policy	Lexington Ins. Co.	9/1/05
Directors & Officers Liability	Federal Ins. Co. (Chubb)	1/1/06
Excess Directors & Officers Liability	Zurich Ins. Co.	1/1/06
Excess Directors & Officers Liability	National Union Fire Ins. Co.	1/1/06
Outside Directors Liability	Federal Ins. Co. (Chubb)	1/1/06
Fiduciary Liability & Crime	Federal Ins. Co. (Chubb)	1/1/06
Employed Lawyers	Executive Risk Indemnity (Chubb)	1/1/06
Cargo & War	Fireman’s Fund Ins. Co.	7/1/06
General Liability	Lexington Ins. Co.	9/1/05
Automobile Liability	Progressive Preferred Ins. Co.	7/1/06
Umbrella Liability	National Union fire Ins. Co. (AIG)	9/1/05
Property	American Guaranty & Liability	9/1/05
Excess California Earthquake	Clarendon/Empire/Glencoe	7/1/06
International Liability	ACE American Ins. Co.	9/1/05
Kidnap/Ransom	Federal Ins. Co. (Chubb)	8/15/05
Pollution Legal Liability	American International Specialty Lines	1/6/10
Illinois Workers’ Compensation	Virginia Surety Company	7/1/06
Ohio Workers’ Compensation	Ohio State Fund	Ongoing
California Workers’ Compensation	California State Fund	Ongoing

FORM 7

TRANSMITTAL OF FINANCIAL REPORTS AND
CERTIFICATION OF COMPLIANCE WITH
UNITED STATES TRUSTEE OPERATING REQUIREMENTS FOR
THE PERIOD ENDED:  JULY 2, 2005
IN RE:				:	CASE NO:  04-39155
				:	Chapter 11
				:	Judge:  Lawrence S. Walter
				:
HUFFY SPORTS WASHINGTON, INC.
	Debtor
As debtor in possession, I affirm:
1.	That I have reviewed the financial statements attached hereto, consisting of:
	√	Operating Statement		(Form 2)
	√	Balance Sheet		(Form 3)
	N/A	Summary of Operations		(Form 4)
	N/A	Monthly Cash Statement		(Form 5)
	N/A	Cash Report		(Form 5A)
	N/A	Statement of Compensation		(Form 6)
	√	Schedule of In-Force Insurance		(Form 7)
and that they have been prepared in accordance with normal and customary accounting
practices, and fairly and accurately reflect the debtor's financial activity for the period stated;
2.	That the insurance, including workers' compensation and unemployment insurance,
as described in Section 4 of the Reporting Requirements For Chapter 11 Cases is in effect; and,
(If not, attach a written explanation)			YES  √		NO
3.	That all postpetition taxes as described in Sections 1 and 14 of the Operating
Instructions and Reporting Requirements For Chapter 11 cases are current.
(If not, attach a written explanation)			YES  √		NO
4.	No professional fees (attorney, accountant, etc.) have been paid without specific
court authorization.
(If not, attach a written explanation)			YES  √		NO
5.	All United States Trustee Quarterly fees have been paid and are current.
6.	Have you filed your prepetition tax returns.
(If not, attach a written explanation)			YES  √		NO
I hereby certify, under penalty of perjury, that the information provided above and in the attached
documents is true and correct to the best of my information and belief.
	Dated:  7/28/2005		/s/ Steven D. Lipton
			(Debtor in Possession)
			Senior Vice President and Controller
			Title
			(937) 865-2829
			Phone
						FORM 1

HUFFY SPORTS WASHINGTON
OPERATING STATEMENT
PERIOD ENDING: JULY 2, 2005
	Case No: 04-39155
($000)	Totals	Totals
	Current Month	Since Filing
Net Sales	-	-
Adjusted Gross Profit	-	-
% Net Sales	#DIV/0!	#DIV/0!
Total Selling Expenses	-	-
% Net Sales	#DIV/0!	#DIV/0!
Other Product Line Expenses	-	1
% Net Sales	#DIV/0!	#DIV/0!
Corporate Expenses, Net	-	-
Total Operating Expenses	-	1
% Net Sales	#DIV/0!	#DIV/0!
Operating Income	-	(1)
% Net Sales	#DIV/0!	#DIV/0!
Other (Income)/Expense	-	-
EBIT Excl. Restructuring	-	(1)
% Net Sales	#DIV/0!	#DIV/0!
Restructuring & Other Expense	-	-
Interest Expense	-	-
Pre-Tax Income From Contin. Ops	-	(1)
Loss/(Gain) on Discontinued OPS	-	1,325
Pre-Tax	-	(1,326)
Provision for Taxes	$0	1,480
Net Earnings	-	(2,806)

FORM 2

HUFFY SPORTS WASHINGTON	Jun-05	May-05	19-Oct-04
Balance Sheet	Current	Prior	At
PERIOD ENDING: JULY 2, 2005	Month	Month	Filing
Total Cash	$0	$0	$0
Net Receivables	$0	$0	$0
Net Inventory	$0	$0	$0
Total Prepaids	$0	$0	$92
Net PP & E	$19	$19	$596
Goodwill-net of Amortization	$0	$0	$0
Other Assets	$0	$0	$1,480
Total Assets	$19	$19	$2,168
Liabilities & Equity
Post Petition Liabilities
Accounts Payable	$0	$0	$0
Accrued Liabilities	$0	$0	$0
Wages & Salaries/Commissions	$0	$0	$0
Total Post Petition Liabilities	$0	$0	$0
Bank Debt	$0	$0	$0
Prepetition Liabilities
Accounts Payable	$438	$438	$914
Other Current Liabilities	$20	$20	$20
Accrued Liabilities	$0	$0	$0
Mortgage/Notes & Capital Leases	$0	$0	$0
Salaried Pension	$0	$0	$0
Long Term Liabilities	$0	$0	$0
Intercompany Accounts with Huffy	$7,031	$7,031	$5,898
Liabilities Subject to Compromise	$7,489	$7,489	$6,832
Total Liabilities	$7,489	$7,489	$6,832
Shareholder's Equity
Owners Capital	$0	$0	$0
Pre Petition Retained Earnings	($4,664)	($4,664)	($4,664)
Post Petition Retained Earnings	($2,806)	($2,806)	$0
Total Shareholder's Equity	($7,470)	($7,470)	($4,664)
Total Liabilities & Equity	$19	$19	$2,168
Variance	$0	$0	$0

FORM 3

SCHEDULE OF IN-FORCE INSURANCE

Period Ending:  JULY 2, 2005

Case No. 04-39155  

INSURANCE TYPE	CARRIER	EXPIRATION DATE
General Business Policy	Lexington Ins. Co.	9/1/05
Directors & Officers Liability	Federal Ins. Co. (Chubb)	1/1/06
Excess Directors & Officers Liability	Zurich Ins. Co.	1/1/06
Excess Directors & Officers Liability	National Union Fire Ins. Co.	1/1/06
Outside Directors Liability	Federal Ins. Co. (Chubb)	1/1/06
Fiduciary Liability & Crime	Federal Ins. Co. (Chubb)	1/1/06
Employed Lawyers	Executive Risk Indemnity (Chubb)	1/1/06
Cargo & War	Fireman’s Fund Ins. Co.	7/1/06
General Liability	Lexington Ins. Co.	9/1/05
Automobile Liability	Progressive Preferred Ins. Co.	7/1/06
Umbrella Liability	National Union fire Ins. Co. (AIG)	9/1/05
Property	American Guaranty & Liability	9/1/05
Excess California Earthquake	Clarendon/Empire/Glencoe	7/1/06
International Liability	ACE American Ins. Co.	9/1/05
Kidnap/Ransom	Federal Ins. Co. (Chubb)	8/15/05
Pollution Legal Liability	American International Specialty Lines	1/6/10
Illinois Workers’ Compensation	Virginia Surety Company	7/1/06
Ohio Workers’ Compensation	Ohio State Fund	Ongoing
California Workers’ Compensation	California State Fund	Ongoing

FORM 7

TRANSMITTAL OF FINANCIAL REPORTS AND
CERTIFICATION OF COMPLIANCE WITH
UNITED STATES TRUSTEE OPERATING REQUIREMENTS FOR
THE PERIOD ENDED:  JULY 2, 2005
IN RE:				:	CASE NO:  04-39156
				:	Chapter 11
				:	Judge:  Lawrence S. Walter
				:
HUFCO-GEORGIA, INC.
	Debtor
As debtor in possession, I affirm:
1.	That I have reviewed the financial statements attached hereto, consisting of:
	N/A	Operating Statement		(Form 2)
	N/A	Balance Sheet		(Form 3)
	N/A	Summary of Operations		(Form 4)
	N/A	Monthly Cash Statement		(Form 5)
	N/A	Cash Report		(Form 5A)
	N/A	Statement of Compensation		(Form 6)
	√	Schedule of In-Force Insurance		(Form 7)
and that they have been prepared in accordance with normal and customary accounting
practices, and fairly and accurately reflect the debtor's financial activity for the period stated;
2.	That the insurance, including workers' compensation and unemployment insurance,
as described in Section 4 of the Reporting Requirements For Chapter 11 Cases is in effect; and,
(If not, attach a written explanation)			YES  √		NO
3.	That all postpetition taxes as described in Sections 1 and 14 of the Operating
Instructions and Reporting Requirements For Chapter 11 cases are current.
(If not, attach a written explanation)			YES  √		NO
4.	No professional fees (attorney, accountant, etc.) have been paid without specific
court authorization.
(If not, attach a written explanation)			YES  √		NO
5.	All United States Trustee Quarterly fees have been paid and are current.
6.	Have you filed your prepetition tax returns.
(If not, attach a written explanation)			YES  √		NO
I hereby certify, under penalty of perjury, that the information provided above and in the attached
documents is true and correct to the best of my information and belief.
	Dated:  7/28/2005		/s/ Steven D. Lipton
			(Debtor in Possession)
			Senior Vice President and Controller
			Title
			(937) 865-2829
			Phone
						FORM 1

SCHEDULE OF IN-FORCE INSURANCE

Period Ending:  JULY 2, 2005

Case No. 04-39156   

INSURANCE TYPE	CARRIER	EXPIRATION DATE
General Business Policy	Lexington Ins. Co.	9/1/05
Directors & Officers Liability	Federal Ins. Co. (Chubb)	1/1/06
Excess Directors & Officers Liability	Zurich Ins. Co.	1/1/06
Excess Directors & Officers Liability	National Union Fire Ins. Co.	1/1/06
Outside Directors Liability	Federal Ins. Co. (Chubb)	1/1/06
Fiduciary Liability & Crime	Federal Ins. Co. (Chubb)	1/1/06
Employed Lawyers	Executive Risk Indemnity (Chubb)	1/1/06
Cargo & War	Fireman’s Fund Ins. Co.	7/1/06
General Liability	Lexington Ins. Co.	9/1/05
Automobile Liability	Progressive Preferred Ins. Co.	7/1/06
Umbrella Liability	National Union fire Ins. Co. (AIG)	9/1/05
Property	American Guaranty & Liability	9/1/05
Excess California Earthquake	Clarendon/Empire/Glencoe	7/1/06
International Liability	ACE American Ins. Co.	9/1/05
Kidnap/Ransom	Federal Ins. Co. (Chubb)	8/15/05
Pollution Legal Liability	American International Specialty Lines	1/6/10
Illinois Workers’ Compensation	Virginia Surety Company	7/1/06
Ohio Workers’ Compensation	Ohio State Fund	Ongoing
California Workers’ Compensation	California State Fund	Ongoing

FORM 7

TRANSMITTAL OF FINANCIAL REPORTS AND
CERTIFICATION OF COMPLIANCE WITH
UNITED STATES TRUSTEE OPERATING REQUIREMENTS FOR
THE PERIOD ENDED:  JULY 2, 2005
IN RE:				:	CASE NO:  04-39157
				:	Chapter 11
				:	Judge:  Lawrence S. Walter
				:
LAMAR SNOWBOARDS, INC.
	Debtor
As debtor in possession, I affirm:
1.	That I have reviewed the financial statements attached hereto, consisting of:
	√	Operating Statement		(Form 2)
	√	Balance Sheet		(Form 3)
	N/A	Summary of Operations		(Form 4)
	N/A	Monthly Cash Statement		(Form 5)
	N/A	Cash Report		(Form 5A)
	N/A	Statement of Compensation		(Form 6)
	√	Schedule of In-Force Insurance		(Form 7)
and that they have been prepared in accordance with normal and customary accounting
practices, and fairly and accurately reflect the debtor's financial activity for the period stated;
2.	That the insurance, including workers' compensation and unemployment insurance,
as described in Section 4 of the Reporting Requirements For Chapter 11 Cases is in effect; and,
(If not, attach a written explanation)			YES  √		NO
3.	That all postpetition taxes as described in Sections 1 and 14 of the Operating
Instructions and Reporting Requirements For Chapter 11 cases are current.
(If not, attach a written explanation)			YES  √		NO
4.	No professional fees (attorney, accountant, etc.) have been paid without specific
court authorization.
(If not, attach a written explanation)			YES  √		NO
5.	All United States Trustee Quarterly fees have been paid and are current.
6.	Have you filed your prepetition tax returns.
(If not, attach a written explanation)			YES  √		NO
I hereby certify, under penalty of perjury, that the information provided above and in the attached
documents is true and correct to the best of my information and belief.
	Dated:  7/28/2005		/s/ Steven D. Lipton
			(Debtor in Possession)
			Senior Vice President and Controller
			Title
			(937) 865-2829
			Phone
						FORM 1

LAMAR SNOWBOARDS
OPERATING STATEMENT
PERIOD ENDING: JULY 2, 2005
	Case No: 04-39157
($000)	Totals	Totals
	Current Month	Since Filing
Net Sales	-	-
Adjusted Gross Profit	-	-
% Net Sales	#DIV/0!	#DIV/0!
Total Selling Expenses	-	-
% Net Sales	#DIV/0!	#DIV/0!
Other Product Line Expenses	-	-
% Net Sales	#DIV/0!	#DIV/0!
Corporate Expenses, Net	-	-
Total Operating Expenses	-	-
% Net Sales	#DIV/0!	#DIV/0!
Operating Income	-	-
% Net Sales	#DIV/0!	#DIV/0!
Other (Income)/Expense	-	-
EBIT Excl. Restructuring	-	-
% Net Sales	#DIV/0!	#DIV/0!
Restructuring & Other Expense	-	-
Interest Expense	-	-
Pre-Tax Income From Contin. Ops	-	-
Loss/(Gain) on Discontinued OPS	-	-
Pre-Tax	-	-
Provision for Taxes	0	349
Net Earnings	-	(349)

FORM 2

LAMAR SNOWBOARDS	Jun-05	May-05	19-Oct-04
Balance Sheet	Current	Prior	At
PERIOD ENDING: JULY 2, 2005	Month	Month	Filing
Total Cash	$0	$0	$0
Net Receivables	$0	$0	$0
Net Inventory	$0	$0	$0
Total Prepaids	$0	$0	$0
Net PP & E	$0	$0	$0
Goodwill-net of Amortization	$0	$0	$0
Other Assets	$0	$0	$349
Total Assets	$0	$0	$349
Liabilities & Equity
Post Petition Liabilities
Accounts Payable	$0	$0	$0
Accrued Liabilities	$0	$0	$0
Wages & Salaries/Commissions	$0	$0	$0
Total Post Petition Liabilities	$0	$0	$0
Bank Debt	$0	$0	$0
Prepetition Liabilities
Accounts Payable	$0	$0	$0
Other Current Liabilities	$0	$0	$0
Accrued Liabilities	$0	$0	$0
Mortgage/Notes & Capital Leases	$0	$0	$0
Salaried Pension	$0	$0	$0
Long Term Liabilities	$0	$0	$0
Intercompany Accounts with Huffy	$349	$349	$349
Liabilities Subject to Compromise	$349	$349	$349
Total Liabilities	$349	$349	$349
Shareholder's Equity
Owners Capital	$0	$0	$0
Pre Petition Retained Earnings	$0	$0	$0
Post Petition Retained Earnings	($349)	($349)	$0
Total Shareholder's Equity	($349)	($349)	$0
Total Liabilities & Equity	$0	$0	$349
Variance	$0	$0	$0

FORM 3

SCHEDULE OF IN-FORCE INSURANCE

Period Ending:  JULY 2, 2005

Case No. 04-39157   

INSURANCE TYPE	CARRIER	EXPIRATION DATE
General Business Policy	Lexington Ins. Co.	9/1/05
Directors & Officers Liability	Federal Ins. Co. (Chubb)	1/1/06
Excess Directors & Officers Liability	Zurich Ins. Co.	1/1/06
Excess Directors & Officers Liability	National Union Fire Ins. Co.	1/1/06
Outside Directors Liability	Federal Ins. Co. (Chubb)	1/1/06
Fiduciary Liability & Crime	Federal Ins. Co. (Chubb)	1/1/06
Employed Lawyers	Executive Risk Indemnity (Chubb)	1/1/06
Cargo & War	Fireman’s Fund Ins. Co.	7/1/06
General Liability	Lexington Ins. Co.	9/1/05
Automobile Liability	Progressive Preferred Ins. Co.	7/1/06
Umbrella Liability	National Union fire Ins. Co. (AIG)	9/1/05
Property	American Guaranty & Liability	9/1/05
Excess California Earthquake	Clarendon/Empire/Glencoe	7/1/06
International Liability	ACE American Ins. Co.	9/1/05
Kidnap/Ransom	Federal Ins. Co. (Chubb)	8/15/05
Pollution Legal Liability	American International Specialty Lines	1/6/10
Illinois Workers’ Compensation	Virginia Surety Company	7/1/06
Ohio Workers’ Compensation	Ohio State Fund	Ongoing
California Workers’ Compensation	California State Fund	Ongoing

FORM 7

TRANSMITTAL OF FINANCIAL REPORTS AND
CERTIFICATION OF COMPLIANCE WITH
UNITED STATES TRUSTEE OPERATING REQUIREMENTS FOR
THE PERIOD ENDED:  JULY 2, 2005
IN RE:				:	CASE NO:  04-39158
				:	Chapter 11
				:	Judge:  Lawrence S. Walter
				:
HUFCO-NEW BRUNSWICK, INC.
	Debtor
As debtor in possession, I affirm:
1.	That I have reviewed the financial statements attached hereto, consisting of:
	N/A	Operating Statement		(Form 2)
	N/A	Balance Sheet		(Form 3)
	N/A	Summary of Operations		(Form 4)
	N/A	Monthly Cash Statement		(Form 5)
	N/A	Cash Report		(Form 5A)
	N/A	Statement of Compensation		(Form 6)
	√	Schedule of In-Force Insurance		(Form 7)
and that they have been prepared in accordance with normal and customary accounting
practices, and fairly and accurately reflect the debtor's financial activity for the period stated;
2.	That the insurance, including workers' compensation and unemployment insurance,
as described in Section 4 of the Reporting Requirements For Chapter 11 Cases is in effect; and,
(If not, attach a written explanation)			YES  √		NO
3.	That all postpetition taxes as described in Sections 1 and 14 of the Operating
Instructions and Reporting Requirements For Chapter 11 cases are current.
(If not, attach a written explanation)			YES  √		NO
4.	No professional fees (attorney, accountant, etc.) have been paid without specific
court authorization.
(If not, attach a written explanation)			YES  √		NO
5.	All United States Trustee Quarterly fees have been paid and are current.
6.	Have you filed your prepetition tax returns.
(If not, attach a written explanation)			YES  √		NO
I hereby certify, under penalty of perjury, that the information provided above and in the attached
documents is true and correct to the best of my information and belief.
	Dated:  7/28/2005		/s/ Steven D. Lipton
			(Debtor in Possession)
			Senior Vice President and Controller
			Title
			(937) 865-2829
			Phone
						FORM 1

SCHEDULE OF IN-FORCE INSURANCE

Period Ending:  JULY 2, 2005

Case No. 04-39158   

INSURANCE TYPE	CARRIER	EXPIRATION DATE
General Business Policy	Lexington Ins. Co.	9/1/05
Directors & Officers Liability	Federal Ins. Co. (Chubb)	1/1/06
Excess Directors & Officers Liability	Zurich Ins. Co.	1/1/06
Excess Directors & Officers Liability	National Union Fire Ins. Co.	1/1/06
Outside Directors Liability	Federal Ins. Co. (Chubb)	1/1/06
Fiduciary Liability & Crime	Federal Ins. Co. (Chubb)	1/1/06
Employed Lawyers	Executive Risk Indemnity (Chubb)	1/1/06
Cargo & War	Fireman’s Fund Ins. Co.	7/1/06
General Liability	Lexington Ins. Co.	9/1/05
Automobile Liability	Progressive Preferred Ins. Co.	7/1/06
Umbrella Liability	National Union fire Ins. Co. (AIG)	9/1/05
Property	American Guaranty & Liability	9/1/05
Excess California Earthquake	Clarendon/Empire/Glencoe	7/1/06
International Liability	ACE American Ins. Co.	9/1/05
Kidnap/Ransom	Federal Ins. Co. (Chubb)	8/15/05
Pollution Legal Liability	American International Specialty Lines	1/6/10
Illinois Workers’ Compensation	Virginia Surety Company	7/1/06
Ohio Workers’ Compensation	Ohio State Fund	Ongoing
California Workers’ Compensation	California State Fund	Ongoing

FORM 7

TRANSMITTAL OF FINANCIAL REPORTS AND
CERTIFICATION OF COMPLIANCE WITH
UNITED STATES TRUSTEE OPERATING REQUIREMENTS FOR
THE PERIOD ENDED:  JULY 2, 2005
IN RE:				:	CASE NO:  04-39159
				:	Chapter 11
				:	Judge:  Lawrence S. Walter
				:
HUFCO-GEORGIA II, INC.
	Debtor
As debtor in possession, I affirm:
1.	That I have reviewed the financial statements attached hereto, consisting of:
	N/A	Operating Statement		(Form 2)
	N/A	Balance Sheet		(Form 3)
	N/A	Summary of Operations		(Form 4)
	N/A	Monthly Cash Statement		(Form 5)
	N/A	Cash Report		(Form 5A)
	N/A	Statement of Compensation		(Form 6)
	√	Schedule of In-Force Insurance		(Form 7)
and that they have been prepared in accordance with normal and customary accounting
practices, and fairly and accurately reflect the debtor's financial activity for the period stated;
2.	That the insurance, including workers' compensation and unemployment insurance,
as described in Section 4 of the Reporting Requirements For Chapter 11 Cases is in effect; and,
(If not, attach a written explanation)			YES  √		NO
3.	That all postpetition taxes as described in Sections 1 and 14 of the Operating
Instructions and Reporting Requirements For Chapter 11 cases are current.
(If not, attach a written explanation)			YES  √		NO
4.	No professional fees (attorney, accountant, etc.) have been paid without specific
court authorization.
(If not, attach a written explanation)			YES  √		NO
5.	All United States Trustee Quarterly fees have been paid and are current.
6.	Have you filed your prepetition tax returns.
(If not, attach a written explanation)			YES  √		NO
I hereby certify, under penalty of perjury, that the information provided above and in the attached
documents is true and correct to the best of my information and belief.
	Dated:  7/28/2005		/s/ Steven D. Lipton
			(Debtor in Possession)
			Senior Vice President and Controller
			Title
			(937) 865-2829
			Phone
						FORM 1

SCHEDULE OF IN-FORCE INSURANCE

Period Ending:  JULY 2, 2005

Case No. 04-39159   

INSURANCE TYPE	CARRIER	EXPIRATION DATE
General Business Policy	Lexington Ins. Co.	9/1/05
Directors & Officers Liability	Federal Ins. Co. (Chubb)	1/1/06
Excess Directors & Officers Liability	Zurich Ins. Co.	1/1/06
Excess Directors & Officers Liability	National Union Fire Ins. Co.	1/1/06
Outside Directors Liability	Federal Ins. Co. (Chubb)	1/1/06
Fiduciary Liability & Crime	Federal Ins. Co. (Chubb)	1/1/06
Employed Lawyers	Executive Risk Indemnity (Chubb)	1/1/06
Cargo & War	Fireman’s Fund Ins. Co.	7/1/06
General Liability	Lexington Ins. Co.	9/1/05
Automobile Liability	Progressive Preferred Ins. Co.	7/1/06
Umbrella Liability	National Union fire Ins. Co. (AIG)	9/1/05
Property	American Guaranty & Liability	9/1/05
Excess California Earthquake	Clarendon/Empire/Glencoe	7/1/06
International Liability	ACE American Ins. Co.	9/1/05
Kidnap/Ransom	Federal Ins. Co. (Chubb)	8/15/05
Pollution Legal Liability	American International Specialty Lines	1/6/10
Illinois Workers’ Compensation	Virginia Surety Company	7/1/06
Ohio Workers’ Compensation	Ohio State Fund	Ongoing
California Workers’ Compensation	California State Fund	Ongoing

FORM 7

TRANSMITTAL OF FINANCIAL REPORTS AND
CERTIFICATION OF COMPLIANCE WITH
UNITED STATES TRUSTEE OPERATING REQUIREMENTS FOR
	THE PERIOD ENDED:  JULY 2, 2005
IN RE:					:	CASE NO:  04-39160
					:	Chapter 11
					:	Judge:  Lawrence S. Walter
					:
HUFFY SPORTS OUTLET, INC.
		Debtor
As debtor in possession, I affirm:
1.		That I have reviewed the financial statements attached hereto, consisting of:
		N/A	Operating Statement		(Form 2)
		√	Balance Sheet		(Form 3)
		N/A	Summary of Operations		(Form 4)
		N/A	Monthly Cash Statement		(Form 5)
		N/A	Cash Report		(Form 5A)
		N/A	Statement of Compensation		(Form 6)
		√	Schedule of In-Force Insurance		(Form 7)
and that they have been prepared in accordance with normal and customary accounting
practices, and fairly and accurately reflect the debtor's financial activity for the period stated;
2.		That the insurance, including workers' compensation and unemployment insurance,
as described in Section 4 of the Reporting Requirements For Chapter 11 Cases is in effect; and,
(If not, attach a written explanation)				YES  √		NO
3.		That all postpetition taxes as described in Sections 1 and 14 of the Operating
Instructions and Reporting Requirements For Chapter 11 cases are current.
(If not, attach a written explanation)				YES  √		NO
4.		No professional fees (attorney, accountant, etc.) have been paid without specific
court authorization.
(If not, attach a written explanation)				YES  √		NO
5.		All United States Trustee Quarterly fees have been paid and are current.
6.		Have you filed your prepetition tax returns.
(If not, attach a written explanation)				YES  √		NO
I hereby certify, under penalty of perjury, that the information provided above and in the attached
documents is true and correct to the best of my information and belief.
		Dated:  7/28/2005		/s/ Steven D. Lipton
				(Debtor in Possession)
				Senior Vice President and Controller
				Title
				(937) 865-2829
				Phone
							FORM 1

LAMAR SNOWBOARDS	Jun-05	May-05	19-Oct-04
Balance Sheet	Current	Prior	At
PERIOD ENDING: JULY 2, 2005	Month	Month	Filing
Total Cash	$0	$0	$0
Net Receivables	$0	$0	$0
Net Inventory	$0	$0	$0
Total Prepaids	$0	$0	$0
Net PP & E	$0	$0	$0
Goodwill-net of Amortization	$0	$0	$0
Other Assets	$0	$0	$349
Total Assets	$0	$0	$349
Liabilities & Equity
Post Petition Liabilities
Accounts Payable	$0	$0	$0
Accrued Liabilities	$0	$0	$0
Wages & Salaries/Commissions	$0	$0	$0
Total Post Petition Liabilities	$0	$0	$0
Bank Debt	$0	$0	$0
Prepetition Liabilities
Accounts Payable	$0	$0	$0
Other Current Liabilities	$0	$0	$0
Accrued Liabilities	$0	$0	$0
Mortgage/Notes & Capital Leases	$0	$0	$0
Salaried Pension	$0	$0	$0
Long Term Liabilities	$0	$0	$0
Intercompany Accounts with Huffy	$349	$349	$349
Liabilities Subject to Compromise	$349	$349	$349
Total Liabilities	$349	$349	$349
Shareholder's Equity
Owners Capital	$0	$0	$0
Pre Petition Retained Earnings	$0	$0	$0
Post Petition Retained Earnings	($349)	($349)	$0
Total Shareholder's Equity	($349)	($349)	$0
Total Liabilities & Equity	$0	$0	$349
Variance	$0	$0	$0

FORM 3

SCHEDULE OF IN-FORCE INSURANCE

Period Ending:  JULY 2, 2005

Case No. 04-39160   

INSURANCE TYPE	CARRIER	EXPIRATION DATE
General Business Policy	Lexington Ins. Co.	9/1/05
Directors & Officers Liability	Federal Ins. Co. (Chubb)	1/1/06
Excess Directors & Officers Liability	Zurich Ins. Co.	1/1/06
Excess Directors & Officers Liability	National Union Fire Ins. Co.	1/1/06
Outside Directors Liability	Federal Ins. Co. (Chubb)	1/1/06
Fiduciary Liability & Crime	Federal Ins. Co. (Chubb)	1/1/06
Employed Lawyers	Executive Risk Indemnity (Chubb)	1/1/06
Cargo & War	Fireman’s Fund Ins. Co.	7/1/06
General Liability	Lexington Ins. Co.	9/1/05
Automobile Liability	Progressive Preferred Ins. Co.	7/1/06
Umbrella Liability	National Union fire Ins. Co. (AIG)	9/1/05
Property	American Guaranty & Liability	9/1/05
Excess California Earthquake	Clarendon/Empire/Glencoe	7/1/06
International Liability	ACE American Ins. Co.	9/1/05
Kidnap/Ransom	Federal Ins. Co. (Chubb)	8/15/05
Pollution Legal Liability	American International Specialty Lines	1/6/10
Illinois Workers’ Compensation	Virginia Surety Company	7/1/06
Ohio Workers’ Compensation	Ohio State Fund	Ongoing
California Workers’ Compensation	California State Fund	Ongoing

FORM 7

TRANSMITTAL OF FINANCIAL REPORTS AND
CERTIFICATION OF COMPLIANCE WITH
UNITED STATES TRUSTEE OPERATING REQUIREMENTS FOR
THE PERIOD ENDED:  JULY 2, 2005
IN RE:				:	CASE NO:  04-39161
				:	Chapter 11
				:	Judge:  Lawrence S. Walter
				:
HUFFY SPORTS DELAWARE, INC.
	Debtor
As debtor in possession, I affirm:
1.	That I have reviewed the financial statements attached hereto, consisting of:
	√	Operating Statement		(Form 2)
	√	Balance Sheet		(Form 3)
	N/A	Summary of Operations		(Form 4)
	N/A	Monthly Cash Statement		(Form 5)
	N/A	Cash Report		(Form 5A)
	N/A	Statement of Compensation		(Form 6)
	√	Schedule of In-Force Insurance		(Form 7)
and that they have been prepared in accordance with normal and customary accounting
practices, and fairly and accurately reflect the debtor's financial activity for the period stated;
2.	That the insurance, including workers' compensation and unemployment insurance,
as described in Section 4 of the Reporting Requirements For Chapter 11 Cases is in effect; and,
(If not, attach a written explanation)			YES  √		NO
3.	That all postpetition taxes as described in Sections 1 and 14 of the Operating
Instructions and Reporting Requirements For Chapter 11 cases are current.
(If not, attach a written explanation)			YES  √		NO
4.	No professional fees (attorney, accountant, etc.) have been paid without specific
court authorization.
(If not, attach a written explanation)			YES  √		NO
5.	All United States Trustee Quarterly fees have been paid and are current.
6.	Have you filed your prepetition tax returns.
(If not, attach a written explanation)			YES  √		NO
I hereby certify, under penalty of perjury, that the information provided above and in the attached
documents is true and correct to the best of my information and belief.
	Dated:  7/28/2005		/s/ Steven D. Lipton
			(Debtor in Possession)
			Senior Vice President and Controller
			Title
			(937) 865-2829
			Phone
						FORM 1

HUFFY SPORTS DELAWARE
OPERATING STATEMENT
PERIOD ENDING: JULY 2, 2005
	Case No: 04-39161
($000)	Totals	Totals
Net Sales	-	-
Adjusted Gross Profit	-	-
% Net Sales	#DIV/0!	#DIV/0!
Total Selling Expenses	-	-
% Net Sales	#DIV/0!	#DIV/0!
Other Product Line Expenses	-	-
% Net Sales	#DIV/0!	#DIV/0!
Corporate Expenses, Net	-	-
Total Operating Expenses	-	-
% Net Sales	#DIV/0!	#DIV/0!
Operating Income	-	-
% Net Sales	#DIV/0!	#DIV/0!
Other (Income)/Expense	-	-
EBIT Excl. Restructuring	-	-
% Net Sales	#DIV/0!	#DIV/0!
Restructuring & Other Expense	-	-
Interest Expense	-	-
Pre-Tax Income From Contin. Ops	-	-
Loss/(Gain) on Discontinued OPS	-	77
Pre-Tax	-	(77)
Provision for Taxes	0	0
Net Earnings	-	(77)

FORM 2

HUFFY SPORTS DELAWARE	Jun-05	May-05	19-Oct-04
Balance Sheet	Current	Prior	At
PERIOD ENDING: JULY 2, 2005	Month	Month	Filing
Total Cash	$0	$0	$0
Net Receivables	$0	$0	$0
Net Inventory	$0	$0	$0
Total Prepaids	$0	$0	$0
Net PP & E	$0	$0	$0
Goodwill-net of Amortization	$305	$305	$305
Other Assets	$0	$0	$0
Total Assets	$305	$305	$305
Liabilities & Equity
Post Petition Liabilities
Accounts Payable	$0	$0	$0
Accrued Liabilities	$0	$0	$0
Wages & Salaries/Commissions	$0	$0	$0
Total Post Petition Liabilities	$0	$0	$0
Bank Debt	$0	$0	$0
Prepetition Liabilities
Accounts Payable	$21	$21	$21
Other Current Liabilities	$36	$36	$36
Accrued Liabilities	$129	$129	$146
Mortgage/Notes & Capital Leases	$0	$0	$0
Salaried Pension	$0	$0	$0
Long Term Liabilities	$0	$0	$0
Intercompany Accounts with Huffy	($38,133)	($38,133)	($38,227)
Liabilities Subject to Compromise	($37,947)	($37,947)	($38,024)
Total Liabilities	($37,947)	($37,947)	($38,024)
Shareholder's Equity
Owners Capital	$40,516	$40,516	$40,516
Pre Petition Retained Earnings	($2,187)	($2,187)	($2,187)
Post Petition Retained Earnings	($77)	($77)	$0
Total Shareholder's Equity	$38,252	$38,252	$38,329
Total Liabilities & Equity	$305	$305	$305
Variance	$0	$0	$0

FORM 3

SCHEDULE OF IN-FORCE INSURANCE

Period Ending:  JULY 2, 2005

Case No. 04-39161   

INSURANCE TYPE	CARRIER	EXPIRATION DATE
General Business Policy	Lexington Ins. Co.	9/1/05
Directors & Officers Liability	Federal Ins. Co. (Chubb)	1/1/06
Excess Directors & Officers Liability	Zurich Ins. Co.	1/1/06
Excess Directors & Officers Liability	National Union Fire Ins. Co.	1/1/06
Outside Directors Liability	Federal Ins. Co. (Chubb)	1/1/06
Fiduciary Liability & Crime	Federal Ins. Co. (Chubb)	1/1/06
Employed Lawyers	Executive Risk Indemnity (Chubb)	1/1/06
Cargo & War	Fireman’s Fund Ins. Co.	7/1/06
General Liability	Lexington Ins. Co.	9/1/05
Automobile Liability	Progressive Preferred Ins. Co.	7/1/06
Umbrella Liability	National Union fire Ins. Co. (AIG)	9/1/05
Property	American Guaranty & Liability	9/1/05
Excess California Earthquake	Clarendon/Empire/Glencoe	7/1/06
International Liability	ACE American Ins. Co.	9/1/05
Kidnap/Ransom	Federal Ins. Co. (Chubb)	8/15/05
Pollution Legal Liability	American International Specialty Lines	1/6/10
Illinois Workers’ Compensation	Virginia Surety Company	7/1/06
Ohio Workers’ Compensation	Ohio State Fund	Ongoing
California Workers’ Compensation	California State Fund	Ongoing

          FORM 7

TRANSMITTAL OF FINANCIAL REPORTS AND
CERTIFICATION OF COMPLIANCE WITH
UNITED STATES TRUSTEE OPERATING REQUIREMENTS FOR
THE PERIOD ENDED:  JULY 2, 2005
IN RE:				:	CASE NO:  04-39162
				:	Chapter 11
				:	Judge:  Lawrence S. Walter
				:
HUFFY SPORTS CANADA, INC.
	Debtor
As debtor in possession, I affirm:
1.	That I have reviewed the financial statements attached hereto, consisting of:
	√	Operating Statement		(Form 2)
	√	Balance Sheet		(Form 3)
	√	Summary of Operations		(Form 4)
	√	Monthly Cash Statement		(Form 5)
	√	Cash Report		(Form 5A)
	N/A	Statement of Compensation		(Form 6)
	√	Schedule of In-Force Insurance		(Form 7)
and that they have been prepared in accordance with normal and customary accounting
practices, and fairly and accurately reflect the debtor's financial activity for the period stated;
2.	That the insurance, including workers' compensation and unemployment insurance,
as described in Section 4 of the Reporting Requirements For Chapter 11 Cases is in effect; and,
(If not, attach a written explanation)			YES  √		NO
3.	That all postpetition taxes as described in Sections 1 and 14 of the Operating
Instructions and Reporting Requirements For Chapter 11 cases are current.
(If not, attach a written explanation)			YES  √		NO
4.	No professional fees (attorney, accountant, etc.) have been paid without specific
court authorization.
(If not, attach a written explanation)			YES  √		NO
5.	All United States Trustee Quarterly fees have been paid and are current.
6.	Have you filed your prepetition tax returns.
(If not, attach a written explanation)			YES		NO    √
I hereby certify, under penalty of perjury, that the information provided above and in the attached
documents is true and correct to the best of my information and belief.
	Dated:  7/28/2005		/s/ Steven D. Lipton
			(Debtor in Possession)
			Senior Vice President and Controller
			Title
			(937) 865-2829
			Phone
						FORM 1

HUFFY SPORTS CANADA, INC.

TAXES

While we do not believe that any taxes are due, we have not filed our 2003 Canadian Income Tax Return due to the pending restatement of our 2003 financial statements.  We have engaged Ernst and Young Canada to complete and file the return on our behalf.  We do not believe that we will incur any penalties in excess of $1000.

HUFFY SPORTS CANADA
OPERATING STATEMENT
PERIOD ENDING: JULY 2, 2005
	Case No: 04-39162
($000)	Totals	Totals
	Current Month	Since Filing
Net Sales	2,917	19,775
Total Cost of Sales	2,273	15,144
Adjusted Gross Profit	644	4,631
% Net Sales	22.1%	23.4%
Total Selling Expenses	658	3,504
% Net Sales	22.6%	17.7%
Other Product Line Expenses	43	176
% Net Sales	1.5%	0.9%
Corporate Expenses, Net	-	-
Total Operating Expenses	701	3,680
% Net Sales	24.0%	18.6%
Operating Income	(57)	951
% Net Sales	-2.0%	4.8%
Other (Income)/Expense	60	66
EBIT Excl. Restructuring	(117)	885
% Net Sales	-4.0%	4.5%
Restructuring & Other Expense	-	-
Interest Expense	45	236
Pre-Tax Income From Contin. Ops	(162)	649
Loss/(Gain) on Discontinued OPS	(138)	2,382
Pre-Tax	(24)	(1,733)
Provision for Taxes	(9)	917
Net Earnings	(15)	(2,650)

FORM 2

HUFFY SPORTS CANADA	Jun-05	May-05	19-Oct-04
Balance Sheet	Current	Prior	At
PERIOD ENDING: JULY 2, 2005	Month	Month	Filing
Total Cash	$345	$343	$1,075
Net Receivables	$6,724	$8,443	$8,883
Net Inventory	$7,503	$5,832	$12,633
Total Prepaids	$622	$857	$225
Net PP & E	$0	$0	$89
Goodwill-net of Amortization	$14,736	$14,736	$14,736
Other Assets	$0	$0	$459
Total Assets	$29,930	$30,211	$38,100
Liabilities & Equity
Post Petition Liabilities
Accounts Payable	$4,260	$2,649	$0
Accrued Liabilities	$971	$1,078	$1,685
Wages & Salaries/Commissions	$214	$246	$0
Total Post Petition Liabilities	$5,445	$3,973	$1,685
Bank Debt	$6,780	$8,084	$13,411
Prepetition Liabilities
Accounts Payable	$10,983	$10,983	$10,446
Other Current Liabilities	($323)	($323)	($349)
Accrued Liabilities	$712	$712	$1,073
Mortgage/Notes & Capital Leases	$0	$0	$0
Salaried Pension	$0	$0	$0
Long Term Liabilities	$0	$0	$0
Intercompany Liabilities	$81,213	$81,647	$84,064
Liabilities Subject to Compromise	$92,585	$93,019	$95,234
Total Liabilities	$104,810	$105,076	$110,330
Shareholder's Equity
Owners Capital	$0	$0	$0
Pre Petition Retained Earnings	($72,230)	($72,230)	($72,230)
Post Petition Retained Earnings	($2,650)	($2,635)	$0
Total Shareholder's Equity	($74,880)	($74,865)	($72,230)
Total Liabilities & Equity	$29,930	$30,211	$38,100
Variance	$0	$0	$0

FORM 3

		HUFFY SPORTS CANADA
		SUMMARY OF OPERATIONS
		Period Ended: JULY 2, 2005		Case No: 04-39162
	Schedule of Postpetition Taxes Payable
	Beginning	Accrued/	Payments/	Ending
( $ in 000)	Balance	Withheld	Deposits	Balance
Income Taxes Withheld:
Federal:	$0	$0	$0	$0
State:				$0
Local:				$0
FICA Withheld:				$0
Employers FICA:	$0	$0	$0	$0
Unemployment Tax:
Federal:	$0	$0		$0
State:	$0	$0		$0
Sales, Use & Excise
Taxes:	$0	$0		$0
Property Taxes:	$0	$0		$0
Real Estate Taxes	$0	$0		$0
TOTALS:	$0	$0	$0	$0
		AGING OF ACCOUNTS RECEIVABLE
		AND POSTPETITION ACCOUNTS PAYABLE
Age in Days	0-30	30-60	Over 60
Post Petition	4,260,206	-	-	4,260,206
Accounts Payable
Accounts Receivable	8,459,389	205,811	549	8,665,749
For all postpetiton accounts payable over 30 days old, please attach a sheet listing each such
account to whom the account is owed, the date the account was opened, and the reason for
non-payment of the account.
Describe events or factors occurring during this reporting period materially affecting operations
and formulation of a Plan of Reorganization:
				FORM 4

CASE NAME:	Huffy Sports Canada
CASE NUMBER:	04-39162
MONTH & YEAR	June-05
TOTAL CASH FLOW	Beginning			Net Cash	Ending
Description	Balance	Receipts	Disbursements	Flow	Balance
Huffy Sports Canada	$342,670	$7,444,199	($7,441,700)	$2,499	$345,169
Total Cash Flow	$342,670	$7,444,199	($7,441,700)	$2,499	$345,169

FORM 5

SCHEDULE OF IN-FORCE INSURANCE

Period Ending:  JULY 2, 2005

Case No. 04-39162   

INSURANCE TYPE	CARRIER	EXPIRATION DATE
General Business Policy	Lexington Ins. Co.	9/1/05
Directors & Officers Liability	Federal Ins. Co. (Chubb)	1/1/06
Excess Directors & Officers Liability	Zurich Ins. Co.	1/1/06
Excess Directors & Officers Liability	National Union Fire Ins. Co.	1/1/06
Outside Directors Liability	Federal Ins. Co. (Chubb)	1/1/06
Fiduciary Liability & Crime	Federal Ins. Co. (Chubb)	1/1/06
Employed Lawyers	Executive Risk Indemnity (Chubb)	1/1/06
Cargo & War	Fireman’s Fund Ins. Co.	7/1/06
General Liability	Lexington Ins. Co.	9/1/05
Automobile Liability	Progressive Preferred Ins. Co.	7/1/06
Umbrella Liability	National Union fire Ins. Co. (AIG)	9/1/05
Property	American Guaranty & Liability	9/1/05
Excess California Earthquake	Clarendon/Empire/Glencoe	7/1/06
International Liability	ACE American Ins. Co.	9/1/05
Kidnap/Ransom	Federal Ins. Co. (Chubb)	8/15/05
Pollution Legal Liability	American International Specialty Lines	1/6/10
Illinois Workers’ Compensation	Virginia Surety Company	7/1/06
Ohio Workers’ Compensation	Ohio State Fund	Ongoing
California Workers’ Compensation	California State Fund	Ongoing

FORM 7

TRANSMITTAL OF FINANCIAL REPORTS AND
CERTIFICATION OF COMPLIANCE WITH
UNITED STATES TRUSTEE OPERATING REQUIREMENTS FOR
THE PERIOD ENDED:  JULY 2, 2005
IN RE:				:	CASE NO:  04-39163
				:	Chapter 11
				:	Judge:  Lawrence S. Walter
				:
LEHIGH AVENUE PROPERTY HOLDINGS, INC.
	Debtor
As debtor in possession, I affirm:
1.	That I have reviewed the financial statements attached hereto, consisting of:
	N/A	Operating Statement		(Form 2)
	N/A	Balance Sheet		(Form 3)
	N/A	Summary of Operations		(Form 4)
	N/A	Monthly Cash Statement		(Form 5)
	N/A	Cash Report		(Form 5A)
	N/A	Statement of Compensation		(Form 6)
	√	Schedule of In-Force Insurance		(Form 7)
and that they have been prepared in accordance with normal and customary accounting
practices, and fairly and accurately reflect the debtor's financial activity for the period stated;
2.	That the insurance, including workers' compensation and unemployment insurance,
as described in Section 4 of the Reporting Requirements For Chapter 11 Cases is in effect; and,
(If not, attach a written explanation)			YES  √		NO
3.	That all postpetition taxes as described in Sections 1 and 14 of the Operating
Instructions and Reporting Requirements For Chapter 11 cases are current.
(If not, attach a written explanation)			YES  √		NO
4.	No professional fees (attorney, accountant, etc.) have been paid without specific
court authorization.
(If not, attach a written explanation)			YES  √		NO
5.	All United States Trustee Quarterly fees have been paid and are current.
6.	Have you filed your prepetition tax returns.
(If not, attach a written explanation)			YES  √		NO
I hereby certify, under penalty of perjury, that the information provided above and in the attached
documents is true and correct to the best of my information and belief.
	Dated:  7/28/2005		/s/ Steven D. Lipton
			(Debtor in Possession)
			Senior Vice President and Controller
			Title
			(937) 865-2829
			Phone
						FORM 1

SCHEDULE OF IN-FORCE INSURANCE

Period Ending:  JULY 2, 2005

Case No. 04-39163   

INSURANCE TYPE	CARRIER	EXPIRATION DATE
General Business Policy	Lexington Ins. Co.	9/1/05
Directors & Officers Liability	Federal Ins. Co. (Chubb)	1/1/06
Excess Directors & Officers Liability	Zurich Ins. Co.	1/1/06
Excess Directors & Officers Liability	National Union Fire Ins. Co.	1/1/06
Outside Directors Liability	Federal Ins. Co. (Chubb)	1/1/06
Fiduciary Liability & Crime	Federal Ins. Co. (Chubb)	1/1/06
Employed Lawyers	Executive Risk Indemnity (Chubb)	1/1/06
Cargo & War	Fireman’s Fund Ins. Co.	7/1/06
General Liability	Lexington Ins. Co.	9/1/05
Automobile Liability	Progressive Preferred Ins. Co.	7/1/06
Umbrella Liability	National Union fire Ins. Co. (AIG)	9/1/05
Property	American Guaranty & Liability	9/1/05
Excess California Earthquake	Clarendon/Empire/Glencoe	7/1/06
International Liability	ACE American Ins. Co.	9/1/05
Kidnap/Ransom	Federal Ins. Co. (Chubb)	8/15/05
Pollution Legal Liability	American International Specialty Lines	1/6/10
Illinois Workers’ Compensation	Virginia Surety Company	7/1/06
Ohio Workers’ Compensation	Ohio State Fund	Ongoing
California Workers’ Compensation	California State Fund	Ongoing

FORM 7

TRANSMITTAL OF FINANCIAL REPORTS AND
CERTIFICATION OF COMPLIANCE WITH
UNITED STATES TRUSTEE OPERATING REQUIREMENTS FOR
THE PERIOD ENDED:  JULY 2, 2005
IN RE:				:	CASE NO:  04-39164
				:	Chapter 11
				:	Judge:  Lawrence S. Walter
				:
FIRST TEAM SPORTS, INC.
	Debtor
As debtor in possession, I affirm:
1.	That I have reviewed the financial statements attached hereto, consisting of:
	√	Operating Statement		(Form 2)
	√	Balance Sheet		(Form 3)
	N/A	Summary of Operations		(Form 4)
	N/A	Monthly Cash Statement		(Form 5)
	N/A	Cash Report		(Form 5A)
	N/A	Statement of Compensation		(Form 6)
	√	Schedule of In-Force Insurance		(Form 7)
and that they have been prepared in accordance with normal and customary accounting
practices, and fairly and accurately reflect the debtor's financial activity for the period stated;
2.	That the insurance, including workers' compensation and unemployment insurance,
as described in Section 4 of the Reporting Requirements For Chapter 11 Cases is in effect; and,
(If not, attach a written explanation)			YES  √		NO
3.	That all postpetition taxes as described in Sections 1 and 14 of the Operating
Instructions and Reporting Requirements For Chapter 11 cases are current.
(If not, attach a written explanation)			YES  √		NO
4.	No professional fees (attorney, accountant, etc.) have been paid without specific
court authorization.
(If not, attach a written explanation)			YES  √		NO
5.	All United States Trustee Quarterly fees have been paid and are current.
6.	Have you filed your prepetition tax returns.
(If not, attach a written explanation)			YES  √		NO
I hereby certify, under penalty of perjury, that the information provided above and in the attached
documents is true and correct to the best of my information and belief.
	Dated:  7/28/2005		/s/ Steven D. Lipton
			(Debtor in Possession)
			Senior Vice President and Controller
			Title
			(937) 865-2829
			Phone
						FORM 1

FIRST TEAM SPORTS
OPERATING STATEMENT
PERIOD ENDING: JULY 2, 2005
	Case No: 04-39164
($000)	Totals	Totals
	Current Month	Since Filing
Net Sales	-	-
Adjusted Gross Profit	-	-
% Net Sales	#DIV/0!	#DIV/0!
Total Selling Expenses	-	-
% Net Sales	#DIV/0!	#DIV/0!
Other Product Line Expenses	-	-
% Net Sales	#DIV/0!	#DIV/0!
Corporate Expenses, Net	-	-
Total Operating Expenses	-	-
% Net Sales	#DIV/0!	#DIV/0!
Operating Income	-	-
% Net Sales	#DIV/0!	#DIV/0!
Other (Income)/Expense	-	-
EBIT Excl. Restructuring	-	-
% Net Sales	#DIV/0!	#DIV/0!
Restructuring & Other Expense	-	-
Interest Expense	-	70
Pre-Tax Income From Contin. Ops	-	(70)
Loss/(Gain) on Discontinued OPS	-	(108)
Pre-Tax	-	38
Provision for Taxes	0	3,505
Net Earnings	-	(3,467)

FORM 2

FIRST TEAM SPORTS	Jun-05	May-05	19-Oct-04
Balance Sheet	Current	Prior	At
PERIOD ENDING: JULY 2, 2005	Month	Month	Filing
Total Cash	$0	$0	$0
Net Receivables	$0	$0	$0
Net Inventory	$0	$0	$0
Total Prepaids	$0	$0	$0
Net PP & E	$0	$0	$0
Goodwill-net of Amortization	$0	$0	$0
Other Assets	$0	$0	$3,466
Total Assets	$0	$0	$3,466
Liabilities & Equity
Post Petition Liabilities
Accounts Payable	$0	$0	$0
Accrued Liabilities	$0	$0	$0
Wages & Salaries/Comissions	$0	$0	$0
Total Post Petition Liabilities	$0	$0	$0
Bank Debt	$0	$0	$0
Prepetition Liabilities
Accounts Payable	$0	$0	$0
Other Current Liabilities	$0	$0	$0
Accrued Liabilities	$0	$0	$0
Mortgage/Notes & Capital Leases	$592	$592	$522
Salaried Pension	$0	$0	$0
Long Term Liabilities	$0	$0	$0
Intercompany Accounts with Huffy	$2,367	$2,367	$2,436
Liabilities Subject to Compromise	$2,959	$2,959	$2,958
Total Liabilities	$2,959	$2,959	$2,958
Shareholder's Equity
Owners Capital	$0	$0	$0
Pre Petition Retained Earnings	$508	$508	$508
Post Petition Retained Earnings	($3,467)	($3,467)	$0
Total Shareholder's Equity	($2,959)	($2,959)	$508
Total Liabilities & Equity	$0	$0	$3,466
Variance	$0	$0	$0

FORM 3

SCHEDULE OF IN-FORCE INSURANCE

Period Ending:  JULY 2, 2005

Case No. 04-39164   

INSURANCE TYPE	CARRIER	EXPIRATION DATE
General Business Policy	Lexington Ins. Co.	9/1/05
Directors & Officers Liability	Federal Ins. Co. (Chubb)	1/1/06
Excess Directors & Officers Liability	Zurich Ins. Co.	1/1/06
Excess Directors & Officers Liability	National Union Fire Ins. Co.	1/1/06
Outside Directors Liability	Federal Ins. Co. (Chubb)	1/1/06
Fiduciary Liability & Crime	Federal Ins. Co. (Chubb)	1/1/06
Employed Lawyers	Executive Risk Indemnity (Chubb)	1/1/06
Cargo & War	Fireman’s Fund Ins. Co.	7/1/06
General Liability	Lexington Ins. Co.	9/1/05
Automobile Liability	Progressive Preferred Ins. Co.	7/1/06
Umbrella Liability	National Union fire Ins. Co. (AIG)	9/1/05
Property	American Guaranty & Liability	9/1/05
Excess California Earthquake	Clarendon/Empire/Glencoe	7/1/06
International Liability	ACE American Ins. Co.	9/1/05
Kidnap/Ransom	Federal Ins. Co. (Chubb)	8/15/05
Pollution Legal Liability	American International Specialty Lines	1/6/10
Illinois Workers’ Compensation	Virginia Surety Company	7/1/06
Ohio Workers’ Compensation	Ohio State Fund	Ongoing
California Workers’ Compensation	California State Fund	Ongoing

FORM 7

TRANSMITTAL OF FINANCIAL REPORTS AND
CERTIFICATION OF COMPLIANCE WITH
UNITED STATES TRUSTEE OPERATING REQUIREMENTS FOR
THE PERIOD ENDED:  JULY 2, 2005
IN RE:				:	CASE NO:  04-39165
				:	Chapter 11
				:	Judge:  Lawrence S. Walter
				:
TOMMY ARMOUR GOLF COMPANY
	Debtor
As debtor in possession, I affirm:
1.	That I have reviewed the financial statements attached hereto, consisting of:
	√	Operating Statement		(Form 2)
	√	Balance Sheet		(Form 3)
	N/A	Summary of Operations		(Form 4)
	N/A	Monthly Cash Statement		(Form 5)
	N/A	Cash Report		(Form 5A)
	N/A	Statement of Compensation		(Form 6)
	√	Schedule of In-Force Insurance		(Form 7)
and that they have been prepared in accordance with normal and customary accounting
practices, and fairly and accurately reflect the debtor's financial activity for the period stated;
2.	That the insurance, including workers' compensation and unemployment insurance,
as described in Section 4 of the Reporting Requirements For Chapter 11 Cases is in effect; and,
(If not, attach a written explanation)			YES  √		NO
3.	That all postpetition taxes as described in Sections 1 and 14 of the Operating
Instructions and Reporting Requirements For Chapter 11 cases are current.
(If not, attach a written explanation)			YES  √		NO
4.	No professional fees (attorney, accountant, etc.) have been paid without specific
court authorization.
(If not, attach a written explanation)			YES  √		NO
5.	All United States Trustee Quarterly fees have been paid and are current.
6.	Have you filed your prepetition tax returns.
(If not, attach a written explanation)			YES  √		NO
I hereby certify, under penalty of perjury, that the information provided above and in the attached
documents is true and correct to the best of my information and belief.
	Dated:  7/28/2005		/s/ Steven D. Lipton
			(Debtor in Possession)
			Senior Vice President and Controller
			Title
			(937) 865-2829
			Phone
						FORM 1

TOMMY ARMOUR GOLF
OPERATING STATEMENT
PERIOD ENDING: JULY 2, 2005
	Case No: 04-39165
($000)	Totals	Totals
	Current Month	Since Filing
Net Sales	-	-
Adjusted Gross Profit	-	-
% Net Sales	#DIV/0!	#DIV/0!
Total Selling Expenses	-	-
% Net Sales	#DIV/0!	#DIV/0!
Other Product Line Expenses	-	-
% Net Sales	#DIV/0!	#DIV/0!
Corporate Expenses, Net	-	-
Total Operating Expenses	-	-
% Net Sales	#DIV/0!	#DIV/0!
Operating Income	-	-
% Net Sales	#DIV/0!	#DIV/0!
Other (Income)/Expense	-	-
EBIT Excl. Restructuring	-	-
% Net Sales	#DIV/0!	#DIV/0!
Restructuring & Other Expense	-	-
Interest Expense	-	-
Pre-Tax Income From Contin. Ops	-	-
Loss/(Gain) on Discontinued OPS	-	230
Pre-Tax	-	(230)
Provision for Taxes	0	0
Net Earnings	-	(230)

FORM 2

TOMMY ARMOUR GOLF	Jun-05	May-05	19-Oct-04
Balance Sheet	Current	Prior	At
PERIOD ENDING: JULY 2, 2005	Month	Month	Filing
Total Cash	$0	$0	$0
Net Receivables	$0	$0	$0
Net Inventory	$0	$0	$0
Total Prepaids	$0	$0	$0
Net PP & E	$0	$0	$230
Goodwill-net of Amortization	$0	$0	$0
Other Assets	$0	$0	$0
Total Assets	$0	$0	$230
Liabilities & Equity
Post Petition Liabilities
Accounts Payable	$0	$0	$0
Accrued Liabilities	$0	$0	$0
Wages and Salaries/Commissions	$0	$0	$0
Total Post Petition Liabilities	$0	$0	$0
Bank Debt	$0	$0	$0
Prepetition Liabilities
Accounts Payable	$0	$0	$0
Other Current Liabilities	$0	$0	$0
Accrued Liabilities	$0	$0	$0
Mortgage/Notes & Capital Leases	$0	$0	$0
Salaried Pension	$0	$0	$0
Long Term Liabilities	$0	$0	$0
Intercompany Accounts with Huffy	$354	$354	$354
Liabilities Subject to Compromise	$354	$354	$354
Total Liabilities	$354	$354	$354
Shareholder's Equity
Owners Capital	$0	$0	$0
Pre Petition Retained Earnings	($124)	($124)	($124)
Post Petition Retained Earnings	($230)	($230)	$0
Total Shareholder's Equity	($354)	($354)	($124)
Total Liabilities & Equity	$0	$0	$230
Variance	$0	$0	$0

FORM 3

SCHEDULE OF IN-FORCE INSURANCE

Period Ending:  JULY 2, 2005

Case No. 04-39165   

INSURANCE TYPE	CARRIER	EXPIRATION DATE
General Business Policy	Lexington Ins. Co.	9/1/05
Directors & Officers Liability	Federal Ins. Co. (Chubb)	1/1/06
Excess Directors & Officers Liability	Zurich Ins. Co.	1/1/06
Excess Directors & Officers Liability	National Union Fire Ins. Co.	1/1/06
Outside Directors Liability	Federal Ins. Co. (Chubb)	1/1/06
Fiduciary Liability & Crime	Federal Ins. Co. (Chubb)	1/1/06
Employed Lawyers	Executive Risk Indemnity (Chubb)	1/1/06
Cargo & War	Fireman’s Fund Ins. Co.	7/1/06
General Liability	Lexington Ins. Co.	9/1/05
Automobile Liability	Progressive Preferred Ins. Co.	7/1/06
Umbrella Liability	National Union fire Ins. Co. (AIG)	9/1/05
Property	American Guaranty & Liability	9/1/05
Excess California Earthquake	Clarendon/Empire/Glencoe	7/1/06
International Liability	ACE American Ins. Co.	9/1/05
Kidnap/Ransom	Federal Ins. Co. (Chubb)	8/15/05
Pollution Legal Liability	American International Specialty Lines	1/6/10
Illinois Workers’ Compensation	Virginia Surety Company	7/1/06
Ohio Workers’ Compensation	Ohio State Fund	Ongoing
California Workers’ Compensation	California State Fund	Ongoing

          FORM 7

TRANSMITTAL OF FINANCIAL REPORTS AND
CERTIFICATION OF COMPLIANCE WITH
UNITED STATES TRUSTEE OPERATING REQUIREMENTS FOR
THE PERIOD ENDED:  JULY 2, 2005
IN RE:				:	CASE NO:  04-39166
				:	Chapter 11
				:	Judge:  Lawrence S. Walter
				:
HUF CANADA, INC.
	Debtor
As debtor in possession, I affirm:
1.	That I have reviewed the financial statements attached hereto, consisting of:
	√	Operating Statement		(Form 2)
	√	Balance Sheet		(Form 3)
	N/A	Summary of Operations		(Form 4)
	N/A	Monthly Cash Statement		(Form 5)
	N/A	Cash Report		(Form 5A)
	N/A	Statement of Compensation		(Form 6)
	√	Schedule of In-Force Insurance		(Form 7)
and that they have been prepared in accordance with normal and customary accounting
practices, and fairly and accurately reflect the debtor's financial activity for the period stated;
2.	That the insurance, including workers' compensation and unemployment insurance,
as described in Section 4 of the Reporting Requirements For Chapter 11 Cases is in effect; and,
(If not, attach a written explanation)			YES  √		NO
3.	That all postpetition taxes as described in Sections 1 and 14 of the Operating
Instructions and Reporting Requirements For Chapter 11 cases are current.
(If not, attach a written explanation)			YES  √		NO
4.	No professional fees (attorney, accountant, etc.) have been paid without specific
court authorization.
(If not, attach a written explanation)			YES  √		NO
5.	All United States Trustee Quarterly fees have been paid and are current.
6.	Have you filed your prepetition tax returns.
(If not, attach a written explanation)			YES  √		NO
I hereby certify, under penalty of perjury, that the information provided above and in the attached
documents is true and correct to the best of my information and belief.
	Dated:  7/28/2005		/s/ Steven D. Lipton
			(Debtor in Possession)
			Senior Vice President and Controller
			Title
			(937) 865-2829
			Phone
						FORM 1

HUFFY CANADA
OPERATING STATEMENT
PERIOD ENDING: JULY 2, 2005
	Case No: 04-39166
($000)	Totals	Totals
	Current Month	Since Filing
Net Sales	46	1,125
Total Cost of Sales	-	-
Adjusted Gross Profit	46	1,125
% Net Sales	100.0%	100.0%
Total Selling Expenses	-	-
% Net Sales	0.0%	0.0%
Other Product Line Expenses	-	190
% Net Sales	0.0%	16.9%
Corporate Expenses, Net	-	-
Total Operating Expenses	-	190
% Net Sales	0.0%	16.9%
Operating Income	46	935
% Net Sales	100.0%	83.1%
Other (Income)/Expense	-	-
EBIT Excl. Restructuring	46	935
% Net Sales	100.0%	83.1%
Restructuring & Other Expense	-	9,890	A
Interest Expense	-	-
Pre-Tax Income From Contin. Ops	46	(8,955)
Loss/(Gain) on Discontinued OPS	-	678
Pre-Tax	46	(9,633)
Provision for Taxes	17	(456)
Net Earnings	29	(9,177)
A- REFLECTS WRITE DOWN OF INTANGIBLE ASSETS
FOR YEAR-END 2004 OF $9.8 MILLION

FORM 2

HUFFY CANADA	Jun-05	May-05	19-Oct-04
Balance Sheet	Current	Prior	At
PERIOD ENDING: JULY 2, 2005	Month	Month	Filing
Total Cash	$0	$0	$0
Net Receivables	$0	$0	$0
Net Inventory	$0	$0	$0
Total Prepaids	$0	$0	$0
Net PP & E	$0	$0	$0
Goodwill-net of Amortization	$0	$0	$0
Other Assets	$8,475	$8,475	$20,227	A
Total Assets	$8,475	$8,475	$20,227
Liabilities & Equity
Post Petition Liabilities
Accounts Payable	$0	$0	$0
Accrued Liabilities	$170	$153	$0
Wages & Salaries/Commissions	$0	$0	$0
Total Post Petition Liabilities	$170	$153	$0
Bank Debt	$0	$0	$0
Prepetition Liabilities
Accounts Payable	$0	$0	$0
Other Current Liabilities	$3	$3	$0
Accrued Liabilities	$0	$0	$0
Mortgage/Notes & Capital Leases	$0	$0	$0
Salaried Pension	$0	$0	$0
Long Term Liabilities	$0	$0	$0
Intercompany Accounts with Huffy	$17,479	$17,525	$20,227
Total PrePetition Liabilities	$17,482	$17,528	$20,227
Total Liabilities	$17,652	$17,681	$20,227
Shareholder's Equity
Owners Capital	$0	$0	$0
Pre Petition Retained Earnings	$0	$0	$0
Post Petition Retained Earnings	($9,177)	($9,206)	$0
Total Shareholder's Equity	($9,177)	($9,206)	$0
Total Liabilities & Equity	$8,475	$8,475	$20,227
Variance	$0	$0	$0
A- REFLECTS WRITE DOWN OF INTANGIBLE ASSETS
FOR YEAR-END 2004 OF $9.9 MILLION

FORM 3

		HUFFY CANADA
		SUMMARY OF OPERATIONS
		Period Ended: JULY 2, 2005		Case No: 04-39166
	Schedule of Postpetition Taxes Payable
	Beginning	Accrued/	Payments/	Ending
( $ in 000)	Balance	Withheld	Deposits	Balance
Income Taxes Withheld:
Federal:	$0	$0	$0	$0
State:				$0
Local:				$0
FICA Withheld:				$0
Employers FICA:	$0	$0	$0	$0
Unemployment Tax:
Federal:	$0	$0		$0
State:	$0	$0		$0
Sales, Use & Excise
Taxes:	$0	$0		$0
Property Taxes:	$0	$0		$0
Real Estate Taxes	$0	$0		$0
TOTALS:	$0	$0	$0	$0
		AGING OF ACCOUNTS RECEIVABLE
		AND POSTPETITION ACCOUNTS PAYABLE
Age in Days	0-30	30-60	Over 60
Post Petition	-	-	-	-
Accounts Payable
Accounts Receivable	-	-	-	-
For all postpetiton accounts payable over 30 days old, please attach a sheet listing each such
account to whom the account is owed, the date the account was opened, and the reason for
non-payment of the account.
Describe events or factors occurring during this reporting period materially affecting operations
and formulation of a Plan of Reorganization:
				FORM 4

SCHEDULE OF IN-FORCE INSURANCE

Period Ending:  JULY 2, 2005

Case No. 04-39166   

INSURANCE TYPE	CARRIER	EXPIRATION DATE
General Business Policy	Lexington Ins. Co.	9/1/05
Directors & Officers Liability	Federal Ins. Co. (Chubb)	1/1/06
Excess Directors & Officers Liability	Zurich Ins. Co.	1/1/06
Excess Directors & Officers Liability	National Union Fire Ins. Co.	1/1/06
Outside Directors Liability	Federal Ins. Co. (Chubb)	1/1/06
Fiduciary Liability & Crime	Federal Ins. Co. (Chubb)	1/1/06
Employed Lawyers	Executive Risk Indemnity (Chubb)	1/1/06
Cargo & War	Fireman’s Fund Ins. Co.	7/1/06
General Liability	Lexington Ins. Co.	9/1/05
Automobile Liability	Progressive Preferred Ins. Co.	7/1/06
Umbrella Liability	National Union fire Ins. Co. (AIG)	9/1/05
Property	American Guaranty & Liability	9/1/05
Excess California Earthquake	Clarendon/Empire/Glencoe	7/1/06
International Liability	ACE American Ins. Co.	9/1/05
Kidnap/Ransom	Federal Ins. Co. (Chubb)	8/15/05
Pollution Legal Liability	American International Specialty Lines	1/6/10
Illinois Workers’ Compensation	Virginia Surety Company	7/1/06
Ohio Workers’ Compensation	Ohio State Fund	Ongoing
California Workers’ Compensation	California State Fund	Ongoing

FORM 7

TRANSMITTAL OF FINANCIAL REPORTS AND
CERTIFICATION OF COMPLIANCE WITH
UNITED STATES TRUSTEE OPERATING REQUIREMENTS FOR
THE PERIOD ENDED:  JULY 2, 2005
IN RE:				:	CASE NO:  04-39167
				:	Chapter 11
				:	Judge:  Lawrence S. Walter
				:
HESPELER HOCKEY HOLDING, INC.
	Debtor
As debtor in possession, I affirm:
1.	That I have reviewed the financial statements attached hereto, consisting of:
	N/A	Operating Statement		(Form 2)
	N/A	Balance Sheet		(Form 3)
	N/A	Summary of Operations		(Form 4)
	N/A	Monthly Cash Statement		(Form 5)
	N/A	Cash Report		(Form 5A)
	N/A	Statement of Compensation		(Form 6)
	√	Schedule of In-Force Insurance		(Form 7)
and that they have been prepared in accordance with normal and customary accounting
practices, and fairly and accurately reflect the debtor's financial activity for the period stated;
2.	That the insurance, including workers' compensation and unemployment insurance,
as described in Section 4 of the Reporting Requirements For Chapter 11 Cases is in effect; and,
(If not, attach a written explanation)			YES  √		NO
3.	That all postpetition taxes as described in Sections 1 and 14 of the Operating
Instructions and Reporting Requirements For Chapter 11 cases are current.
(If not, attach a written explanation)			YES  √		NO
4.	No professional fees (attorney, accountant, etc.) have been paid without specific
court authorization.
(If not, attach a written explanation)			YES  √		NO
5.	All United States Trustee Quarterly fees have been paid and are current.
6.	Have you filed your prepetition tax returns.
(If not, attach a written explanation)			YES  √		NO
I hereby certify, under penalty of perjury, that the information provided above and in the attached
documents is true and correct to the best of my information and belief.
	Dated:  7/28/2005		/s/ Steven D. Lipton
			(Debtor in Possession)
			Senior Vice President and Controller
			Title
			(937) 865-2829
			Phone
						FORM 1

SCHEDULE OF IN-FORCE INSURANCE

Period Ending:  JULY 2, 2005

Case No. 04-39167   

INSURANCE TYPE	CARRIER	EXPIRATION DATE
General Business Policy	Lexington Ins. Co.	9/1/05
Directors & Officers Liability	Federal Ins. Co. (Chubb)	1/1/06
Excess Directors & Officers Liability	Zurich Ins. Co.	1/1/06
Excess Directors & Officers Liability	National Union Fire Ins. Co.	1/1/06
Outside Directors Liability	Federal Ins. Co. (Chubb)	1/1/06
Fiduciary Liability & Crime	Federal Ins. Co. (Chubb)	1/1/06
Employed Lawyers	Executive Risk Indemnity (Chubb)	1/1/06
Cargo & War	Fireman’s Fund Ins. Co.	7/1/06
General Liability	Lexington Ins. Co.	9/1/05
Automobile Liability	Progressive Preferred Ins. Co.	7/1/06
Umbrella Liability	National Union fire Ins. Co. (AIG)	9/1/05
Property	American Guaranty & Liability	9/1/05
Excess California Earthquake	Clarendon/Empire/Glencoe	7/1/06
International Liability	ACE American Ins. Co.	9/1/05
Kidnap/Ransom	Federal Ins. Co. (Chubb)	8/15/05
Pollution Legal Liability	American International Specialty Lines	1/6/10
Illinois Workers’ Compensation	Virginia Surety Company	7/1/06
Ohio Workers’ Compensation	Ohio State Fund	Ongoing
California Workers’ Compensation	California State Fund	Ongoing

FORM 7