In re Farmland Transportation Case No. 02-50564 | ||||
MONTHLY OPERATING REPORT SUMMARY | ||||
FOR THE MONTH OF JUNE, 2003 | ||||
REVENUE | ||||
Gross Income | $ 1,735.91 | |||
Less Cost of Goods Sold | $ (363.05) | |||
Materials | $ - | |||
Direct Labor | $ - | |||
Overhead | $ (363.05) | |||
Gross Profit | $ 2,098.96 | |||
OPERATING EXPENSES | ||||
Owner/Officer-Draws/Salaries | $ - | |||
Other Employee Salaries | $ 10,114.57 | |||
Advertising and Marketing | $ - | |||
Insurance | $ - | |||
Payroll Taxes | $ 1,964.33 | |||
Lease and Rent | $ 37.44 | |||
Telephone and Utlities | $ 912.12 | |||
Attorney and other Professional Fees | $ - | |||
UST Quarterly Fees | $ - | |||
Other Expenses | $ (150,001.84) | |||
Total Operating Expenses | $ (136,973.38) | |||
Net Income (Loss) | $139,072.34 | |||
CURRENT ASSETS | ||||
Accounts Receivable at end of month | $ 1,048,546.14 | |||
Increase (Decrease) in AR for month | $ (52,541.21) | |||
Inventory at end of month | $ - | |||
Increase (Decrease) in Inventory for month | $ - | |||
Cash at end of the month | $ (24,420.32) | |||
Increase (Decrease) in Cash for month | $ (14,232.55) | |||
LIABILITIES | ||||
Increase (Decrease) in post-petition debt | $ (80,194.99) | |||
Increase (Decrease) in pre-petition debt | $ 926.20 | |||
Taxes Payable: | ||||
Federal Payroll Taxes | $ - | |||
State Payroll Taxes | $ - | |||
Local Payroll Taxes | $ - | |||
State Sales Taxes | $ - | |||
Real Estate and Personal | $ - | |||
Property Taxes | $ - | |||
Other (footnote) | $ (185,874.00) | |||
Total Taxes Payable | $ (185,874.00) | |||
Footnote: | ||||
PRE Fed Income Tax | (185,874.00) |
- Company Dashboard
- Filings
-
8-K Filing
Farmland Industries Inactive 8-KMonthly Operating Report Summary
Filed: 29 Jul 03, 12:00am