EXHIBIT 99.2
UNITED STATES BANKRUPTCY COURT
DISTRICT OF DELAWARE
In re: Axion International, Inc. | Case No.: 15-12415 |
Reporting Period: January 1 to 31, 2016 |
MONTHLY OPERATING REPORT
File with Court and submit copy to United States Trustee within 20 days after end of month
Submit copy of report to any official committee appointed in the case.
Document | Explanation | Affidavit/Supplement | ||||||
REQUIRED DOCUMENTS | Form No. | Attached | Attached | Attached | ||||
Schedule of Cash Receipts and Disbursements | MOR-1 | Y | Y | |||||
Bank Reconciliation (or copies of debtor's bank reconciliations) | MOR-1a | Y | ||||||
Schedule of Professional Fees Paid | MOR-1b | Y | ||||||
Copies of bank statements | Y | |||||||
Cash disbursements journals | Y | |||||||
Statement of Operations | MOR-2 | Y | Y | |||||
Balance Sheet | MOR-3 | Y | Y | |||||
Status of Postpetition Taxes | MOR-4 | Y | ||||||
Copies of IRS Form 6123 or payment receipt | N | |||||||
Copies of tax returns filed during reporting period | N | |||||||
Summary of Unpaid Postpetition Debts | MOR-4 | Y | ||||||
Listing of aged accounts payable | MOR-4 | Y | ||||||
Accounts Receivable Reconciliation and Aging | MOR-5 | Y | ||||||
Debtor Questionnaire | MOR-5 | Y |
I declare under penalty of perjury (28 U.S.C. Section 1746) that this report and the attached documents are true and correct to the best of my knowledge and belief.
/s/ Donald W. Fallon | February 22, 2016 | |
Signature of Debtor | Date | |
/s/ Donald W. Fallon | February 22, 2016 | |
Signature of Joint Debtor | Date | |
/s/ Donald W. Fallon | February 22, 2016 | |
Signature of Authorized Individual* | Date | |
Donald W. Fallon | CFO & Treasurer | |
Printed Name of Authorized Individual | Title of Authorized Individual |
*Authorized individual must be an officer, director or shareholder if debtor is a corporation; a partner if debtor is a partnership; a manager or member if debtor is a limited liability company.
MOR
(04/07)
In re Axion International, Inc. | Case No. 15-12415 (15-12416 & 15-12417) |
Debtor | Reporting Period: January 1 to 31, 2016 |
SCHEDULE OF CASH RECEIPTS AND DISBURSEMENTS
Amounts reported should be per the debtor's books, not the bank statement. The beginning cash should be the ending cash from the prior month or, if this is the first report, the amount should be the balance on the date the petition was filed. The amounts reported in the "CURRENT MONTH - ACTUAL" column must equal the sum of the four bank account columns. The amounts reported in the "PROJECTED" columns should be taken from the SMALL BUSINESS INITIAL REPORT (FORM IR-1) . Attach copies of the bank statements and the cash disbursements journal. The total disbursements listed in the disbursements journal must equal the total disbursements reported on this page. A bank reconciliation must be attached for each account. [See MOR-1 (CON'T)]
BANK ACCOUNTS | CURRENT MONTH | CUMULATIVE FILING TO DATE | ||||||||||||||||||||||||||
OPER. | PAYROLL | Utility Dep | ACTUAL | PROJECTED | ACTUAL | PROJECTED | ||||||||||||||||||||||
CASH BEGINNING OF MONTH | $ | 1,541,083 | $ | (1,203 | ) | $ | - | $ | 1,539,880 | $ | 566,846 | $ | 36,452 | $ | 3,050 | |||||||||||||
RECEIPTS | ||||||||||||||||||||||||||||
CASH SALES | ||||||||||||||||||||||||||||
ACCOUNTS RECEIVABLE | $ | 311,516 | $ | 311,516 | $ | 755,436 | $ | 2,453,164 | $ | 2,901,695 | ||||||||||||||||||
LOANS AND ADVANCES | $ | - | $ | 700,000 | $ | 650,000 | $ | 1,350,000 | ||||||||||||||||||||
SALE OF ASSETS | $ | 42,750 | $ | 42,750 | $ | 47,500 | ||||||||||||||||||||||
OTHER (ATTACH LIST) | $ | - | $ | (5,727 | ) | |||||||||||||||||||||||
TRANSFERS (FROM DIP ACCTS) | $ | 165,000 | $ | 9,499 | $ | 174,499 | $ | 478,999 | ||||||||||||||||||||
MISCELLANEOUS | $ | 8 | $ | 8 | $ | 8 | ||||||||||||||||||||||
TOTAL RECEIPTS | $ | 354,274 | $ | 165,000 | $ | 9,499 | $ | 528,772 | $ | 1,455,436 | $ | 3,623,943 | $ | 4,251,695 | ||||||||||||||
DISBURSEMENTS | ||||||||||||||||||||||||||||
NET PAYROLL | $ | 94,503 | $ | 114,936 | $ | 209,439 | $ | 344,275 | $ | 536,354 | $ | 824,632 | ||||||||||||||||
PAYROLL TAXES | $ | 51,431 | $ | 44,519 | $ | 95,950 | $ | 206,598 | ||||||||||||||||||||
EMPLOYEE BENEFITS | $ | 51,850 | $ | 51,850 | $ | 52,777 | $ | 95,473 | $ | 73,593 | ||||||||||||||||||
SALES, USE, & OTHER TAXES | $ | - | $ | - | ||||||||||||||||||||||||
INVENTORY PURCHASES | $ | 473,882 | $ | 473,882 | $ | 760,522 | $ | 823,802 | $ | 1,353,894 | ||||||||||||||||||
SECURED/ RENTAL/ LEASES | $ | 50,525 | $ | 50,525 | $ | 99,421 | $ | 50,525 | ||||||||||||||||||||
INSURANCE | $ | 8,553 | $ | 8,553 | $ | 13,401 | $ | 157,475 | $ | 161,747 | ||||||||||||||||||
ADMINISTRATIVE | $ | 11,887 | $ | 11,887 | $ | 16,480 | $ | 19,623 | $ | 34,207 | ||||||||||||||||||
SELLING | $ | - | $ | - | $ | - | ||||||||||||||||||||||
OTHER (ATTACH LIST) | $ | 316,622 | $ | 316,622 | $ | 421,276 | $ | 447,205 | $ | 1,157,596 | ||||||||||||||||||
$ | - | $ | - | $ | - | |||||||||||||||||||||||
OWNER DRAW * | $ | - | $ | - | $ | - | ||||||||||||||||||||||
TRANSFERS (TO DIP ACCTS) | $ | 174,499 | $ | 174,499 | $ | - | $ | 478,999 | $ | - | ||||||||||||||||||
$ | - | $ | - | $ | - | |||||||||||||||||||||||
PROFESSIONAL FEES | $ | 39,525 | $ | 39,525 | $ | 125,000 | $ | 159,525 | $ | 285,000 | ||||||||||||||||||
U.S. TRUSTEE QUARTERLY FEES | $ | 7,150 | $ | 7,150 | $ | 7,150 | $ | 25,000 | ||||||||||||||||||||
COURT COSTS | $ | - | $ | - | $ | - | ||||||||||||||||||||||
TOTAL DISBURSEMENTS | $ | 1,280,427 | $ | 159,455 | $ | - | $ | 1,439,882 | $ | 1,733,731 | $ | 3,031,625 | $ | 3,966,194 | ||||||||||||||
NET CASH FLOW | $ | (926,153 | ) | $ | 5,545 | $ | 9,499 | $ | (911,110 | ) | $ | (278,295 | ) | $ | 592,318 | $ | 285,501 | |||||||||||
(RECEIPTS LESS DISBURSEMENTS) | ||||||||||||||||||||||||||||
CASH - END OF MONTH | $ | 614,930 | $ | 4,342 | $ | 9,499 | $ | 628,770 | $ | 288,551 | $ | 628,770 | $ | 288,551 |
* COMPENSATION TO SOLE PROPRIETORS FOR SERVICES RENDERED TO BANKRUPTCY ESTATE
THE FOLLOWING SECTION MUST BE COMPLETED
DISBURSEMENTS FOR CALCULATING U.S. TRUSTEE QUARTERLY FEES: (FROM CURRENT MONTH ACTUAL COLUMN) | ||||
TOTAL DISBURSEMENTS | $ | 1,439,882 | ||
LESS: TRANSFERS TO DEBTOR IN POSSESSION ACCOUNTS | $ | (174,499 | ) | |
PLUS: ESTATE DISBURSEMENTS MADE BY OUTSIDE SOURCES (i.e. from escrow accounts) | $ | |||
TOTAL DISBURSEMENTS FOR CALCULATING U.S. TRUSTEE QUARTERLY FEES | $ | 1,265,383 |
FORM MOR-1
(04/07)
In re Axion International, Inc. | Case No. 15-12415 (15-12416 & 15-12417) |
Debtor | Reporting Period: January 1 to 31, 2016 |
SCHEDULE OF CASH RECEIPTS AND DISBURSEMENTS
ATTACHED LISTS TO MOR-1 |
CASH BEGINNING OF MONTH - 11/30/15 vs 12/2/15 | ||||||||||||
OPER | PAYROLL | Combined | ||||||||||
Balance at 11/30/15 per Bank Reconciliation | 133,852 | 569 | ||||||||||
12/1/2015 transactions (prepetition) | (97,969 | ) | ||||||||||
Cash December 2, 2015, per this Schedule | 35,883 | 569 | 36,452 |
Other Receipts List: | Month | Cumu | ||||||
AR Terms Discounts | $ | - | $ | (5,727 | ) |
Other Disbursements List: | ||||||||||||||||
Actual | Projection | |||||||||||||||
Description | Month | Cumu | Month | Cumu | ||||||||||||
Utility Deposits | $ | - | $ | 26,453 | $ | - | $ | 40,000 | ||||||||
Freight | 77,625 | 46,169 | 74,025 | 215,025 | ||||||||||||
Operating Expenses - Texas Facility | 67,072 | 18,035 | 93,704 | 173,958 | ||||||||||||
Operating Expenses - Ohio Facility | 8,100 | 11,917 | 25,876 | 51,752 | ||||||||||||
Emergency Repairs - Texas facility | 21,021 | 22,810 | - | 57,146 | ||||||||||||
Restart Extruder #1 - Texas Facility | - | 5,199 | - | 80,000 | ||||||||||||
Legal - commercial/corporate counsel | 498 | 64,000 | 154,000 | |||||||||||||
Audit & Tax Professional | 25,000 | 75,000 | ||||||||||||||
Interest - State of Ohio laon | 7,968 | 15,937 | ||||||||||||||
Interest - DiP Loan | - | 8,633 | ||||||||||||||
S/U tax remittence | 195 | |||||||||||||||
Rutgers Royalty Payment | 75,922 | |||||||||||||||
Real & Personal Property Taxe | 66,189 | |||||||||||||||
Budget Variance @ 10% | - | 130,703 | 286,145 | |||||||||||||
TOTAL | $ | 316,622 | $ | 130,583 | $ | 421,276 | $ | 1,157,596 |
PAYROLLS | ||||||||||||||||||||||||||||
Description | Actual | Cash Accts | Projected | |||||||||||||||||||||||||
1/15/16 | 1/29/16 | Total | Operating | Payroll | Month | Cumu | ||||||||||||||||||||||
Gross | $ | 94,503 | $ | 99,771 | $ | 194,274 | $ | 94,503 | $ | 99,771 | ||||||||||||||||||
Fee | 1,286 | 1,260 | 2,546 | 2,546 | ||||||||||||||||||||||||
401(k) | 2,660 | 2,736 | 5,396 | 5,396 | ||||||||||||||||||||||||
Garnishments | 3,534 | 3,518 | 7,052 | 7,052 | ||||||||||||||||||||||||
Taxes | 51,431 | 44,519 | 95,950 | 51,431 | 44,519 | |||||||||||||||||||||||
AFLAC | 219 | 219 | 219 | |||||||||||||||||||||||||
Health | 29,351 | 29,351 | 29,351 | |||||||||||||||||||||||||
Dental | 1,717 | 1,717 | 1,717 | |||||||||||||||||||||||||
Life | 279 | 279 | 279 | |||||||||||||||||||||||||
HSA Reimb | 171 | 171 | 171 | |||||||||||||||||||||||||
TX workers comp | 20,284 | 20,284 | 20,284 | |||||||||||||||||||||||||
OH workers comp | - | |||||||||||||||||||||||||||
TOTAL | $ | 153,585 | $ | 203,653 | $ | 357,239 | $ | 197,784 | $ | 159,454 | ||||||||||||||||||
- | ||||||||||||||||||||||||||||
Net Payroll | $ | 102,154 | $ | 107,284 | $ | 209,439 | $ | 94,503 | $ | 114,936 | $ | 480,358 | $ | 824,632 | ||||||||||||||
Payroll Taxes | 51,431 | 44,519 | 95,950 | 51,431 | 44,519 | - | ||||||||||||||||||||||
Employee Benefits | - | 51,850 | 51,850 | 51,850 | - | 20,816 | 73,593 | |||||||||||||||||||||
TOTAL | $ | 153,585 | $ | 203,653 | $ | 357,239 | $ | 197,784 | $ | 159,454 | $ | 501,174 | $ | 898,225 |
FORM MOR-1
(04/07)
In re Axion International, Inc. | Case No. 15-12415 |
Debtor | Reporting Period: January 1 to 31, 2016 |
BANK RECONCILIATIONS - OPERATING ACCOUNT
Continuation Sheet for MOR-1
A bank reconciliation must be included for each bank account. The debtor's bank reconciliation may be substituted for this page. |
Month: | January 31, 2016 | GL Account # | CZ1060 |
General Ledger Reconciliation | Per the Bank | |||||||||||||
Balance per GL- Begin of Period | $ | 1,541,139.49 | Ending Balance per Bank Statement | $ | 816,962.89 | |||||||||
Plus: | 363,102.00 | Plus: Outstanding Deposits | ||||||||||||
Deposits | 354,602.00 | |||||||||||||
Transfer from Utility Deposit acct | 8,500.00 | 0131PNCOA | ||||||||||||
Less: | (1,290,032.22 | Less: Outstanding Disbursements | (202,753.62 | ) | ||||||||||
Disbursements | 960,887.36 | |||||||||||||
Bank Charges | 212.00 | 0131PNCOA | ||||||||||||
Transfer to Other Acct - AXI PNC PR | 165,000.00 | 0131PNCOA | ||||||||||||
Transfer to Utility Deposit Account | 17,998.56 | 0131PNCOA | ||||||||||||
Wire to Paychex - paydate - 01/15/16 | 138,499.40 | 0131-PAYR | ||||||||||||
Rounding | 0.20 | 0131PNCOA | ||||||||||||
FUTA Tax for 2015 wired to Paychex | 7,434.70 | 0131PNCOA | ||||||||||||
Balance per GL - End of Period | $ | 614,209.27 | Reconciled Balance per the Bank | $ | 614,209.27 | |||||||||
Difference | - |
Outstanding Disbursements: | ||||||
AP CK# | AP Amount | |||||
11488 | LOOP 340 OVERHEAD DOOR | 20,322.98 | ||||
11489 | MCLENNAN COUNTY TAX OFFICE | 66,189.28 | ||||
11493 | US Trustee | 325.00 | ||||
11495 | U.S. Trustee | 325.00 | ||||
11496 | U.S. Trustee | 6,500.00 | ||||
PR 012916 | PHILLIP BUTLER | 66.15 | ||||
11497 | ADVANCED POLYMERS SUPPLY INC. | 18,966.05 | ||||
11498 | ANTHEM BCBS OH GROUP | 29,351.25 | ||||
11499 | ANTHEM DENTAL | 1,717.35 | ||||
11500 | ANTHEM LIFE | 279.00 | ||||
11501 | CITY OF WACO WATER OFFICE | 1,684.10 | ||||
11502 | COASTAL COMPOUNDED RESINS | 15,020.80 | ||||
11503 | COMDOC | 196.53 | ||||
11504 | COSHOCTON ENVIRONMENTAL TESTIN | 60.00 | ||||
11505 | DIRECT ENERGY BUSINESS | 27,289.03 | ||||
11506 | THE ENERGY COOPERATIVE | 1,810.68 | ||||
11507 | KERRY D. IRONS, M.D., P.A. | 56.00 | ||||
11508 | LIFT LEASE & FINANCE CORP | 6,608.74 | ||||
11509 | PARSONS OFFICE SYSTEMS INC | 31.30 | ||||
11510 | RING CENTRAL | 1,091.80 | ||||
11511 | SAGE SOFTWARE INC | 2,465.68 | ||||
11512 | SPOONER INC. | 175.00 | ||||
11513 | SUNBRIGHT DISPOSAL SERVICES | 202.64 | ||||
11514 | TCEQ | 200.00 | ||||
11515 | TIME WARNER CABLE | 395.75 | ||||
11516 | UPS | 118.94 | ||||
11517 | VERIZON WIRELESS | 431.88 | ||||
EWDEBIT 012916 | DUPUY OXYGEN & SUPPLY | 187.57 | ||||
EWDEBIT 012916-1 | DUPUY OXYGEN & SUPPLY | 214.36 | ||||
EWDEBIT 012916-2 | TRACTOR SUPPLY CO | 10.34 | ||||
EWDEBIT 012916-3 | RICHARDS SUPPLY COMPANY | 274.96 | ||||
EWDEBIT 013116 | HOME DEPOT | 143.73 | ||||
EWDEBIT 013116-1 | HOME DEPOT | 16.19 | ||||
EWDEBIT 013116-2 | WALMART | 25.54 | ||||
202,753.62 |
In re Axion International, Inc. | Case No. 15-12415 |
Debtor | Reporting Period: January 1 to 31, 2016 |
BANK RECONCILIATIONS - PAYROLL ACCOUNT
Continuation Sheet for MOR-1
A bank reconciliation must be included for each bank account. The debtor's bank reconciliation may be substituted for this page. |
Month: | January 1, 2016 | GL Account # | CZ1070 |
General Ledger Reconciliation | Per the Bank | |||||||||||||
Balance per GL- Begin of Period | $ | (1,203.25 | ) | Ending Balance per Bank Statement | $ | 6,461.47 | ||||||||
Plus: | 165,000.00 | Plus: Outstanding Deposits | - | |||||||||||
Deposits | 165,000.00 | |||||||||||||
Less: | (159,502.66 | ) | Less: Outstanding Disbursements | |||||||||||
Disbursements | 159,331.66 | Disbursements (Column 1) | (2,167.38 | ) | ||||||||||
Paychex Fee | 171.00 | |||||||||||||
FSA Reimbursement | ||||||||||||||
FSA Reimbursement | ||||||||||||||
Balance per GL - End of Period | $ | 4,294.09 | Reconciled Balance per the Bank | $ | 4,294.09 | |||||||||
Difference | - | |||||||||||||
Outstanding Deposits: | FSA balance in account | 1,894.45 | ||||||||||||
Diff in 401K w/h 1/16/15 & 3/13/15 pay | 272.93 | |||||||||||||
Total Outstanding Checks: | 2167.38 |
In re Axion International, Inc. | Case No. 15-12415 |
Debtor | Reporting Period: January 1 to 31, 2016 |
BANK RECONCILIATIONS - UTILITY DEPOSIT ACCOUNT
Continuation Sheet for MOR-1
A bank reconciliation must be included for each bank account. The debtor's bank reconciliation may be substituted for this page |
Month: | January 31, 2016 | GL Account # | CZ1060 |
General Ledger Reconciliation | Per the Bank | |||||||||||||
Balance per GL- Begin of Period | $ | - | Ending Balance per Bank Statement | $ | 9,498.56 | |||||||||
Plus: | 9,498.56 | Plus: Outstanding Deposits | ||||||||||||
Deposits | 9,498.56 | |||||||||||||
Less: | - | Less: Outstanding Disbursements | - | |||||||||||
Disbursements | ||||||||||||||
Balance per GL - End of Period | $ | 9,498.56 | Reconciled Balance per the Bank | $ | 9,498.56 | |||||||||
Difference | - |
In re Axion International, Inc. | Case No. 15-12415 (15-12416 & 15-12417) |
Debtor | Reporting Period: January 1 to 31, 2016 |
SCHEDULE OF PROFESSIONAL FEES AND EXPENSES PAID
This schedule is to include all retained professional payments from case inception to current month
Amount | Check | Amount Paid | Year-To-Date | |||||||||||||||
Payee | Period Covered | Approved | Payor | Number | Date | Fees | Expenses | Fees | Expenses | |||||||||
NONE | ||||||||||||||||||
Professional fees listed on MOR-1 is based on estimated fees and was transferred to Bayard’s trust account in anticipation of payment of these fees. MOR-1b will be updated with actual payments when they are disbursed from the trust account.
FORM MOR-1b
(04/07)
AXION INTERNATIONAL INC | ||||||||||||
General Ledger | Cash Receipts & Cash Disbursements Journals | |||||||||||
For the Period From Jan 1, 2016 to Jan 31, 2016 | ||||||||||||
Filter Criteria includes: Report order is by ID. Report is printed with shortened descriptions and in Detail Format. | ||||||||||||
Account ID | Account Description | Date | Reference | Jrnl | Trans Description | CDJ | PR | CRJ | DiP | Trfs | Other | |
CZ1060 | Operating Account PNC (AXI) | 1/1/16 | Beginning Balance | |||||||||
CZ1060 | Operating Account PNC (AXI) | 1/1/16 | ACH 010116 PNC | CDJ | AFLAC | (218.76) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/4/16 | WT 010416 PNC | CDJ | COLL OH RE HOLDINGS LLC. | (27,318.18) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/4/16 | WT 010416-1 PNC | CDJ | WACO AMIGOS REAL ESTATE LLC | (23,207.19) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/4/16 | DEBIT 010416 | CDJ | PVP PIPE SUPPLIES | (75.85) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/4/16 | DEBIT 010416-1 | CDJ | LOWE'S HOME CENTERS, LLC | (9.80) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/4/16 | DEBIT 010416-2 | CDJ | WALMART | (60.22) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/4/16 | EWDEBIT 010416 | CDJ | TRACTOR SUPPLY CO | (22.08) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/4/16 | EWDEBIT 010416-1 | CDJ | HOME DEPOT | (32.31) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/4/16 | EWDEBIT 010416-2 | CDJ | HARBOR FREIGHT TOOLS | (98.44) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/4/16 | EWDEBIT 010416-3 | CDJ | HOME DEPOT | (179.28) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/4/16 | EWDEBIT 010416-4 | CDJ | RICHARDS SUPPLY COMPANY | (120.91) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/4/16 | EWDEBIT 010416-5 | CDJ | MURPHY USA | (30.00) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/4/16 | EWDEBIT 121815 | CDJ | RADWELL INTERNATIONAL INC | (712.80) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/4/16 | EWDEBIT 010416-6 | CDJ | HOME DEPOT | (33.90) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/5/16 | 12166 | CRJ | PINNACLE RECYCLING | 1,116.40 | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/5/16 | EWDEBIT 010516 | CDJ | ZORO.COM | (581.53) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/5/16 | EWDEBIT 010516-1 | CDJ | WALMART | (66.31) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/5/16 | EWDEBIT 010516-3 | CDJ | METALS 2 GO | (186.93) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/5/16 | EWDEBIT 010516-2 | CDJ | PRO HEAT INC. | (97.20) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/5/16 | DEBIT 010516 | CDJ | FALCON INDUSTRIES, INC. | (13.76) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/5/16 | EWDEBIT 010516-5 | CDJ | PRO HEAT INC. | (913.66) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/6/16 | 11451 | CDJ | CINTAS CORPORATION | (141.04) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/6/16 | 11452 | CDJ | COSHOCTON ENVIRONMENTAL TESTIN | (60.00) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/6/16 | 11453 | CDJ | FEDEX | (32.53) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/6/16 | 11454 | CDJ | GILBERT + TOBIN | (497.79) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/6/16 | 11455 | CDJ | PITNEY BOWES POSTAGE BY PHONE | (3.29) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/6/16 | 11456 | CDJ | SUNBRIGHT DISPOSAL SERVICES | (400.36) | ||||||
��CZ1060 | Operating Account PNC (AXI) | 1/6/16 | 11457 | CDJ | TERMINIX | (48.26) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/6/16 | 11458 | CDJ | COASTAL COMPOUNDED RESINS | (3,899.20) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/6/16 | 11459 | CDJ | MIDWEST KNIFE GRINDING, INC. | (835.00) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/6/16 | 11460 | CDJ | ATMOS ENERGY | (261.19) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/6/16 | WT 010616 PNC | CDJ | BAYARD, P.A. | (5,000.00) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/6/16 | WT 010615-1 PNC | CDJ | HERZOG | (10,000.00) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/6/16 | WT 010616-2 PNC | CDJ | GP HARMON RECYCLING LLC | (33,635.88) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/6/16 | WT 010616-3 PNC | CDJ | SCHNEIDER NATIONAL, INC. | (3,253.00) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/6/16 | WT 010616-1 PNC | CDJ | AMINO TRANSPORT | (5,250.00) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/6/16 | EWDEBIT 010616 | CDJ | RICHARDS SUPPLY COMPANY | (11.28) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/6/16 | EWDEBIT 010616-1 | CDJ | FASTENAL COMPANY | (173.56) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/6/16 | EWDEBIT 010616-2 | CDJ | GRAYBAR | (46.85) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/6/16 | EWDEBIT 010616-3 | CDJ | APPLIED INDUSTRIAL TECHNOLOGIE | (829.33) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/6/16 | EWDEBIT 010616-4 | CDJ | CRAWFORD ELECTRIC SUPPLY | (122.89) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/6/16 | EWDEBIT 010616-5 | CDJ | CRAWFORD ELECTRIC SUPPLY | (4.43) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/6/16 | EWDEBIT 010616-6 | CDJ | RICHARDS SUPPLY COMPANY | (116.40) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/6/16 | EWDEBIT 010616-7 | CDJ | CRAWFORD ELECTRIC SUPPLY | (441.15) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/6/16 | EWDEBIT 010616-8 | CDJ | RICHARDS SUPPLY COMPANY | (68.55) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/6/16 | EWDEBIT 010616-9 | CDJ | HOME DEPOT | (25.72) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/6/16 | EWDEBIT 010616-10 | CDJ | SMOOT-ANDERSON CO., INC. | (39.87) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/7/16 | 11461 | CDJ | AREMA | (5,500.00) |
Account ID | Account Description | Date | Reference | Jrnl | Trans Description | CDJ | PR | CRJ | DiP | Trfs | Other | |
CZ1060 | Operating Account PNC (AXI) | 1/7/16 | 11462 | CDJ | ADVANCED POLYMERS SUPPLY INC. | (3,514.75) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/7/16 | EWDEBIT 010516-4 | CDJ | PRO HEAT INC. | (343.05) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/7/16 | WT 010716 PNC | CDJ | J.B. HUNT TRANSPORT, INC. | (6,388.00) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/7/16 | EWDEBIT 010716 | CDJ | CRAWFORD ELECTRIC SUPPLY | (72.42) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/7/16 | EWDEBIT 011116-1 | CDJ | HOLUBEC MACHINE, INC. | (1,055.44) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/7/16 | EWDEBIT 010716-1 | CDJ | PRO HEAT INC. | (260.85) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/8/16 | ACH 010816 PNC | CRJ | RAILWORKS TRACK SYSTEMS INC | 79,170.00 | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/8/16 | DEBIT 010816 | CDJ | SAGE SOFTWARE INC | (169.94) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/8/16 | EWDEBIT 010816 | CDJ | CRAWFORD ELECTRIC SUPPLY | (164.93) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/8/16 | EWDEBIT 010816-1 | CDJ | WALMART | (34.26) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/11/16 | WT 011116 PNC | CRJ | RAIL CANTECH | 55,085.00 | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/11/16 | 11463 | CDJ | AMERIGAS | (256.28) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/11/16 | 11464 | CDJ | ATMOS ENERGY | (111.35) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/11/16 | 11465 | CDJ | NETWORK BILLING SYSTEM, LLC. | (99.40) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/11/16 | 11466 | CDJ | THE CHADLER GROUP, INC. | (8,552.76) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/11/16 | 11467 | CDJ | CINTAS CORPORATION | (180.62) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/11/16 | 11468 | CDJ | CITY OF ZANESVILLE | (111.60) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/11/16 | 11469 | CDJ | DUPUY OXYGEN & SUPPLY | (20.19) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/11/16 | 11470 | CDJ | FEDEX | (95.50) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/11/16 | 11471 | CDJ | MUSKINGUM COUNTY UTILITIES | (4,401.31) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/11/16 | 11472 | CDJ | SUNBRIGHT DISPOSAL SERVICES | (577.86) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/11/16 | 11473 | CDJ | CINTAS CORPORATION | (496.29) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/11/16 | 11474 | CDJ | COASTAL COMPOUNDED RESINS | (4,347.20) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/11/16 | 11475 | CDJ | COMDOC, INC. | (278.26) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/11/16 | WT 011116 PNC | CDJ | GP HARMON RECYCLING LLC | (46,364.06) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/11/16 | EWDEBIT 011116 | CDJ | METALS 2 GO | (222.13) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/11/16 | EWDEBIT 011116-2 | CDJ | ATWOODS OF WACO | (34.59) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/11/16 | EWDEBIT 011116-3 | CDJ | AUTOMATION DIRECT | (1,080.00) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/11/16 | EWDEBIT 011116-4 | CDJ | FASTENAL COMPANY | (101.00) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/11/16 | EWDEBIT 011116-5 | CDJ | BRANDING IRONS UNLIMITED | (1,203.39) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/11/16 | EWDEBIT 011116-6 | CDJ | DUPUY OXYGEN & SUPPLY | (49.23) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/11/16 | EWDEBIT 011116-7 | CDJ | METALS 2 GO | (737.53) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/11/16 | EWDEBIT 011116-8 | CDJ | HOME DEPOT | (94.09) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/11/16 | EWDEBIT 011116-9 | CDJ | TRACTOR SUPPLY CO | (35.93) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/11/16 | EWDEBIT 011116-10 | CDJ | FAST SIGNS | (571.56) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/11/16 | EWDEBIT 011116-11 | CDJ | HARBOR FREIGHT TOOLS | (129.00) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/12/16 | DEBIT 011216 | CDJ | ZANE FEED AND SUPPLY | (39.00) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/12/16 | DEBIT 011216-1 | CDJ | PVC FITINGS ONLINE.COM | (40.98) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/12/16 | 11476 | CDJ | FORD CREDIT | (506.48) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/12/16 | 11477 | CDJ | SIDWELL MATERIALS, INC. | (1,210.00) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/12/16 | EWDEBIT 011216-2 | CDJ | CENTRAL TEXAS SECURITY & FIRE | (205.68) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/12/16 | EWDEBIT 011216 | CDJ | TRACTOR SUPPLY CO | (76.10) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/13/16 | WT 011316 PNC | CRJ | ARLINGTON PLASTICS MACHINERY I | 42,750.00 | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/14/16 | ACH 011416 PNC | CRJ | TENNESSEE VALLEY AUTHORITY | 6,050.00 | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/14/16 | WT 011416 PNC | CDJ | AMINO TRANSPORT | (3,925.00) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/14/16 | WT 011416-1 PNC | CDJ | SCHNEIDER NATIONAL, INC. | (3,035.00) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/15/16 | ACH 01152016 | CDJ | TEXAS COMPTROLLER OF PUBLIC AC | (195.37) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/15/16 | EWDEBIT 011516 | CDJ | RICHARDS SUPPLY COMPANY | (21.80) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/15/16 | EWDEBIT 011516-1 | CDJ | RICHARDS SUPPLY COMPANY | (167.84) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/15/16 | EWDEBIT 011516-2 | CDJ | RICHARDS SUPPLY COMPANY | (369.56) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/18/16 | 7755 | CRJ | JR'S CRANE & EXCAVATION | 480.00 | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/18/16 | 090934 | CRJ | JAMES BRUNSON | 7.50 | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/18/16 | DEBIT 011816 | CDJ | LOWE'S HOME CENTERS, LLC | (69.23) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/18/16 | EWDEBIT 011816 | CDJ | CENTRAL TEXAS SECURITY & FIRE | (698.21) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/18/16 | EWDEBIT 011816-1 | CDJ | HGM LIFT PARTS | (95.56) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/18/16 | EWDEBIT 011816-2 | CDJ | CENTURY SAW & TOOL | (115.94) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/18/16 | EWDEBIT 011816-3 | CDJ | CHASE DENTAL & MEDICAL SUPPLY | (1,327.60) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/18/16 | EWDEBIT 011816-4 | CDJ | TRACTOR SUPPLY CO | (14.10) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/18/16 | EWDEBIT 011816-5 | CDJ | HARBOR FREIGHT TOOLS | (48.66) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/18/16 | EWDEBIT 011816-6 | CDJ | TRACTOR SUPPLY CO | (41.76) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/18/16 | EWDEBIT 011816-7 | CDJ | HOME DEPOT | (155.31) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/18/16 | EWDEBIT 011816-8 | CDJ | CRAWFORD ELECTRIC SUPPLY | (563.01) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/18/16 | EWDEBIT 011816-9 | CDJ | HOME DEPOT | (135.17) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/18/16 | EWDEBIT 011816-10 | CDJ | RICHARDS SUPPLY COMPANY | (33.21) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/18/16 | EWDEBIT 011816-11 | CDJ | HOME DEPOT | (37.19) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/18/16 | EWDEBIT 011816-12 | CDJ | RICHARDS SUPPLY COMPANY | (74.00) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/18/16 | EWDEBIT 011816-13 | CDJ | DUPUY OXYGEN & SUPPLY | (211.93) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/18/16 | EWDEBIT 011816-14 | CDJ | HOME DEPOT | (156.18) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/18/16 | EWDEBIT 011816-15 | CDJ | RADWELL INTERNATIONAL INC | (127.44) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/18/16 | EWDEBIT 011816-16 | CDJ | ZORO.COM | (182.96) |
Account ID | Account Description | Date | Reference | Jrnl | Trans Description | CDJ | PR | CRJ | DiP | Trfs | Other | |
CZ1060 | Operating Account PNC (AXI) | 1/19/16 | 11478 | CDJ | COSHOCTON ENVIRONMENTAL TESTIN | (60.00) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/19/16 | 11478V | CDJ | COSHOCTON ENVIRONMENTAL TESTIN | 60.00 | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/19/16 | 11479 | CDJ | COSHOCTON ENVIRONMENTAL TESTIN | (60.00) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/19/16 | 11480 | CDJ | FEDEX | (73.33) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/19/16 | 11481 | CDJ | TIME WARNER CABLE | (801.38) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/19/16 | 11482 | CDJ | ADVANCED POLYMERS SUPPLY INC. | (7,515.72) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/19/16 | 11483 | CDJ | COASTAL COMPOUNDED RESINS | (7,926.40) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/19/16 | 11484 | CDJ | LEWIS BOLT & NUT CO | (18,076.80) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/19/16 | 269026 | CRJ | FAIRFIELD COUNTY SC | 30,174.00 | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/19/16 | WT 011916 PNC | CDJ | AMINO TRANSPORT | (10,000.00) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/19/16 | WT 011916-1 PNC | CDJ | EMERALD PACIFIC RESOURCES | (16,291.74) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/19/16 | WT 011916-2 PNC | CDJ | GP HARMON RECYCLING LLC | (69,845.75) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/19/16 | WT 011916-3 PNC | CDJ | J.B. HUNT TRANSPORT, INC. | (9,577.00) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/19/16 | WT 011916-4 PNC | CDJ | KIBBECHEM, INC. | (18,256.74) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/19/16 | WT 011916-5 PNC | CDJ | PRESS-SEAL CORPORATION | (49,464.00) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/19/16 | WT 011916-6 PNC | CDJ | EPIQ BANKRUPTCY SOLUTIONS | (34,524.69) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/19/16 | EWDEBIT 011916 | CDJ | METALS 2 GO | (48.86) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/19/16 | EWDEBIT 011916-1 | CDJ | ZORO.COM | (117.12) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/19/16 | EWDEBIT 011916-2 | CDJ | HOME DEPOT | (15.12) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/19/16 | EWDEBIT 011916-3 | CDJ | HOME DEPOT | (103.47) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/20/16 | EWDEBIT 012016 | CDJ | HOME DEPOT | (150.47) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/20/16 | EWDEBIT 012015-1 | CDJ | HOME DEPOT | 150.47 | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/20/16 | EWDEBIT 012015-2 | CDJ | HOME DEPOT | (193.77) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/20/16 | EWDEBIT 012016-3 | CDJ | RICHARDS SUPPLY COMPANY | (166.80) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/20/16 | EWDEBIT 012016-1 | CDJ | ZORO.COM | (63.45) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/20/16 | EWDEBIT 012016-2 | CDJ | RADWELL INTERNATIONAL INC | (95.63) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/21/16 | DEBIT 012116 | CDJ | HARBOR FREIGHT TOOLS | (31.96) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/21/16 | DEBIT 012116-1 | CDJ | HYDRO SUPPLY | (168.43) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/21/16 | DEBIT 012116-2 | CDJ | LOWE'S HOME CENTERS, LLC | (37.96) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/21/16 | DEBIT 012116-3 | CDJ | STAPLES | (36.46) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/21/16 | DEBIT 012116-4 | CDJ | WALMART | (10.69) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/21/16 | WT 012116 PNC | CDJ | AMINO TRANSPORT | (700.00) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/21/16 | WT 012116-1 PNC | CDJ | SCHNEIDER NATIONAL, INC. | (3,540.00) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/21/16 | WT 012116-2 PNC | CDJ | J.B. HUNT TRANSPORT, INC. | (15,955.00) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/21/16 | EWDEBIT 012116 | CDJ | HOME DEPOT | (318.24) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/21/16 | EWDEBIT 012116-1 | CDJ | HYDRADYNE, LLC | (341.90) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/21/16 | EWDEBIT 012116-2 | CDJ | RICHARDS SUPPLY COMPANY | (801.89) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/22/16 | DEBIT 012216 | CDJ | TTL COMPONENTS | (16.26) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/22/16 | EWDEBIT 012216 | CDJ | DUPUY OXYGEN & SUPPLY | (267.95) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/22/16 | EWDEBIT 012216-1 | CDJ | APPLIED INDUSTRIAL TECHNOLOGIE | (1,356.20) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/22/16 | EWDEBIT 012216-2 | CDJ | APPLIED INDUSTRIAL TECHNOLOGIE | (1.59) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/22/16 | EWDEBIT 012216-3 | CDJ | HARBOR FREIGHT TOOLS | (164.50) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/24/16 | EWDEBIT 012416 | CDJ | KEITH'S ACE HARDWARE-HEWITT | (18.38) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/24/16 | EWDEBIT 012416-1 | CDJ | KEITH'S ACE HARDWARE-HEWITT | 18.38 | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/24/16 | EWDEBIT 012416-2 | CDJ | KEITH'S ACE HARDWARE-HEWITT | (77.30) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/24/16 | EWDEBIT 012416-3 | CDJ | KEITH'S ACE HARDWARE-HEWITT | 51.36 | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/24/16 | EWDEBIT 012416-4 | CDJ | HOME DEPOT | (118.28) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/24/16 | EWDEBIT 012416-5 | CDJ | LOWES | (22.38) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/25/16 | ACH 012516 | CDJ | THE HARTFORD | (20,283.80) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/25/16 | 451766 | CRJ | NEW JERSEY TRANSIT | 123,156.00 | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/25/16 | 11488 | CDJ | LOOP 340 OVERHEAD DOOR | (20,322.98) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/25/16 | EWDEBIT 012516 | CDJ | ADVANCE AUTO PARTS | (6.48) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/25/16 | EWDEBIT 012516-1 | CDJ | HOME DEPOT | (115.67) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/25/16 | EWDEBIT 012516-2 | CDJ | HYDRADYNE, LLC | (119.08) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/25/16 | EWDEBIT 012516-3 | CDJ | HYDRADYNE, LLC | (1.85) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/25/16 | EWDEBIT 012516-4 | CDJ | MURPHY USA | (30.00) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/25/16 | EWDEBIT 012516-5 | CDJ | UNIVERSAL FOREST PRODUCT | (729.00) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/25/16 | EWDEBIT 012516-6 | CDJ | WALMART | (186.76) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/25/16 | EWDEBIT 012516-7 | CDJ | DUPUY OXYGEN & SUPPLY | (107.18) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/25/16 | EWDEBIT 012516-8 | CDJ | DUPUY OXYGEN & SUPPLY | (187.57) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/25/16 | EWDEBIT 012516-9 | CDJ | HOME DEPOT | 116.89 | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/25/16 | EWDEBIT 012516-10 | CDJ | APPLIED INDUSTRIAL TECHNOLOGIE | (504.89) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/26/16 | 11489 | CDJ | MCLENNAN COUNTY TAX OFFICE | (66,189.28) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/26/16 | 11490 | CDJ | MIDWEST KNIFE GRINDING, INC. | (666.10) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/26/16 | DEBIT 012616 | CDJ | STAPLES | (35.38) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/26/16 | DEBIT 012616-1 | CDJ | STAPLES | (112.54) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/26/16 | EWDEBIT 012616 | CDJ | APPLIED INDUSTRIAL TECHNOLOGIE | (1,218.31) |
Account ID | Account Description | Date | Reference | Jrnl | Trans Description | CDJ | PR | CRJ | DiP | Trfs | Other | |
CZ1060 | Operating Account PNC (AXI) | 1/26/16 | EWDEBIT 012616-1 | CDJ | AUTO ZONE | (31.88) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/26/16 | EWDEBIT 012616-2 | CDJ | HOLUBEC MACHINE, INC. | (243.56) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/26/16 | EWDEBIT 012616-3 | CDJ | RICHARDS SUPPLY COMPANY | (634.40) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/26/16 | EWDEBIT 012616-4 | CDJ | ZORO.COM | (70.76) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/27/16 | 681580 | CRJ | QN MANAGEMENT SOLUTIONS INC. | 16,269.50 | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/27/16 | 11491 | CDJ | THE CHADLER GROUP, INC. | (8,552.76) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/27/16 | 11491V | CDJ | THE CHADLER GROUP, INC. | 8,552.76 | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/27/16 | 11492 | CDJ | CHADLER SOLUTIONS | (8,552.76) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/27/16 | CASH 012716 | CRJ | MISCELLANEOUS | 6.50 | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/27/16 | EWDEBIT 012716 | CDJ | ZORO.COM | (54.34) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/27/16 | EWDEBIT 012716-1 | CDJ | PRO HEAT INC. | (1,027.05) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/27/16 | EWDEBIT 012716-2 | CDJ | DUPUY OXYGEN & SUPPLY | (267.95) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/27/16 | EWDEBIT 012716-3 | CDJ | HYDRADYNE, LLC | (53.65) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/27/16 | EWDEBIT 012716-4 | CDJ | INDUSTRIAL REPAIR SERVICE | (646.39) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/27/16 | 11492V | CDJ | CHADLER SOLUTIONS | 8,552.76 | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/28/16 | 11493 | CDJ | US Trustee | (325.00) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/28/16 | 11494 | CDJ | U.S. Trustee | (6,500.00) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/28/16 | 11495 | CDJ | U.S. Trustee | (325.00) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/28/16 | 11494V | CDJ | U.S. Trustee | 6,500.00 | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/28/16 | 11496 | CDJ | U.S. Trustee | (6,500.00) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/28/16 | EWDEBIT 012816 | CDJ | METALS 2 GO | (54.03) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/29/16 | PR 012916 | CDJ | PHILLIP BUTLER | (66.15) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/29/16 | 11497 | CDJ | ADVANCED POLYMERS SUPPLY INC. | (18,966.05) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/29/16 | 11498 | CDJ | ANTHEM BCBS OH GROUP | (29,351.25) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/29/16 | 11499 | CDJ | ANTHEM DENTAL | (1,717.35) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/29/16 | 11500 | CDJ | ANTHEM LIFE | (279.00) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/29/16 | 11501 | CDJ | CITY OF WACO WATER OFFICE | (1,684.10) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/29/16 | 11502 | CDJ | COASTAL COMPOUNDED RESINS | (15,020.80) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/29/16 | 11503 | CDJ | COMDOC | (196.53) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/29/16 | 11504 | CDJ | COSHOCTON ENVIRONMENTAL TESTIN | (60.00) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/29/16 | 11505 | CDJ | DIRECT ENERGY BUSINESS | (27,289.03) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/29/16 | 11506 | CDJ | THE ENERGY COOPERATIVE | (1,810.68) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/29/16 | 11507 | CDJ | KERRY D. IRONS, M.D., P.A. | (56.00) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/29/16 | 11508 | CDJ | LIFT LEASE & FINANCE CORP | (6,608.74) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/29/16 | 11509 | CDJ | PARSONS OFFICE SYSTEMS INC | (31.30) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/29/16 | 11510 | CDJ | RING CENTRAL | (1,091.80) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/29/16 | 11511 | CDJ | SAGE SOFTWARE INC | (2,465.68) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/29/16 | 11512 | CDJ | SPOONER INC. | (175.00) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/29/16 | 11513 | CDJ | SUNBRIGHT DISPOSAL SERVICES | (202.64) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/29/16 | 11514 | CDJ | TCEQ | (200.00) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/29/16 | 11515 | CDJ | TIME WARNER CABLE | (395.75) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/29/16 | 11516 | CDJ | UPS | (118.94) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/29/16 | 11517 | CDJ | VERIZON WIRELESS | (431.88) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/29/16 | WT 012916 PNC | CDJ | RUTGERS, THE STATE UNIV OF NEW | (75,921.58) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/29/16 | WT 012916-1 PNC | CDJ | J.B. HUNT TRANSPORT, INC. | (16,055.00) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/29/16 | WT 012916-2 PNC | CDJ | AMINO TRANSPORT | (10,275.00) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/29/16 | WT 012916-3 PNC | CDJ | EMERALD PACIFIC RESOURCES | (81,645.28) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/29/16 | WT 012916-4 PNC | CDJ | GP HARMON RECYCLING LLC | (57,268.13) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/29/16 | WT 012916-5 PNC | CDJ | SCHNEIDER NATIONAL, INC. | (1,515.00) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/29/16 | EWDEBIT 012916 | CDJ | DUPUY OXYGEN & SUPPLY | (187.57) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/29/16 | EWDEBIT 012916-1 | CDJ | DUPUY OXYGEN & SUPPLY | (214.36) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/29/16 | EWDEBIT 012916-2 | CDJ | TRACTOR SUPPLY CO | (10.34) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/29/16 | EWDEBIT 012916-3 | CDJ | RICHARDS SUPPLY COMPANY | (274.96) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/31/16 | 0131-PAYR | GENJ | Payroll for 01-15-15 | (138,499.40) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/31/16 | EWDEBIT 013116 | CDJ | HOME DEPOT | (143.73) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/31/16 | EWDEBIT 013116-1 | CDJ | HOME DEPOT | (16.19) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/31/16 | EWDEBIT 013116-2 | CDJ | WALMART | (25.54) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/31/16 | 0131PNCOA | GENJ | to record transfer to payroll account | (155,000.00) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/31/16 | 0131PNCOA | GENJ | to record transfer to payroll account | (10,000.00) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/31/16 | 0131PNCOA | GENJ | to record bank fees for the month of Jan 2016 | (212.00) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/31/16 | 0131PNCOA | GENJ | To record allocation of additional FUTA tax - see worksheet | (7,434.70) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/31/16 | 0131PNCOA | GENJ | to record transfer from payroll account | (8,500.00) | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/31/16 | 0131PNCOA | GENJ | to record transfer to payroll account | 8,500.00 | ||||||
CZ1060 | Operating Account PNC (AXI) | 1/31/16 | 0131PNCOA | GENJ | to record transfer to payroll account | (9,498.56) | ||||||
CZ1060 | Operating Account PNC (AXI) | Current Period Change | ||||||||||
1/31/16 | Ending Balance | |||||||||||
CZ1070 | Payroll Account PNC (AXI) | 1/1/16 | Beginning Balance | |||||||||
CZ1070 | Payroll Account PNC (AXI) | 1/15/16 | 011516 | CDJ | Paychex | (171.00) | ||||||
CZ1070 | Payroll Account PNC (AXI) | 1/31/16 | 0131-PAYR | GENJ | Payroll for 01-15 and 01-31 | (159,331.66) | ||||||
CZ1070 | Payroll Account PNC (AXI) | 1/31/16 | 0131PNCOA | GENJ | to record transfer to payroll account | 155,000.00 | ||||||
CZ1070 | Payroll Account PNC (AXI) | 1/31/16 | 0131PNCOA | GENJ | to record transfer to payroll account | 10,000.00 | ||||||
CZ1070 | Payroll Account PNC (AXI) | Current Period Change | ||||||||||
1/31/16 | Ending Balance | |||||||||||
CZ1080 | Utility Deposit Account | 1/1/16 | Beginning Balance | |||||||||
CZ1080 | Utility Deposit Account | 1/31/16 | 0131PNCOA | GENJ | to record transfer to payroll account | (8,500.00) | ||||||
CZ1080 | Utility Deposit Account | 1/31/16 | 0131PNCOA | GENJ | to record transfer from payroll account | 8,500.00 | ||||||
CZ1080 | Utility Deposit Account | 1/31/16 | 0131PNCOA | GENJ | to record transfer to payroll account | |||||||
CZ1080 | Utility Deposit Account | Current Period Change | 9,498.56 | |||||||||
1/31/16 | Ending Balance | |||||||||||
(908,912.30) | (357,286.92) | 354,264.90 | - | - | - | |||||||
Collections on AR >> | 311,515.90 | |||||||||||
Receipt for sale of obsolete equipment >> | 42,750.00 | |||||||||||
Rounding >> | (1.00) | |||||||||||
Combined CRJ >> | 354,264.90 | |||||||||||
Disbursements operations >> | (908,912.30) | |||||||||||
Disbursements payroll >> | (357,286.92) | |||||||||||
Total diisbursements per GL >> | (1,266,199.22) | |||||||||||
Total diisbursements per Cash Flow >> | (1,265,383.37) | |||||||||||
Timing differences >> | (815.85) | |||||||||||
(Timing differences relate to transactions recorded in GL but not in cash flow worksheets differently, typically at monthend.) |
In re: Axion International, Inc. | Case No.: 15-12415 |
Debtor | Reporting Period: January 1 to 31, 2016 |
STATEMENT OF OPERATIONS
(Income Statement)
The Statement of Operations is to be prepared on an accrual basis. The accrual basis of accounting recognizes revenue when it is realized and expenses when they are incurred, regardless of when cash is actually received or paid.
Cumulative | ||||||||
REVENUES | Month | Filing to Date | ||||||
Gross Revenues | $ | 774,529 | $ | 1,436,243 | ||||
Less: Returns and Allowances | $ | - | $ | - | ||||
Net Revenue | $ | 774,529 | $ | 1,436,243 | ||||
COST OF GOODS SOLD | ||||||||
Beginning Inventory | $ | 1,493,482 | $ | 3,295,975 | ||||
Add: Purchases | $ | 434,138 | $ | 758,956 | ||||
Add: Cost of Labor & Production Costs | $ | 485,238 | $ | 931,932 | ||||
Add: Other Costs (attach schedule) | $ | 57,616 | $ | 139,181 | ||||
Less: Ending Inventory | $ | (1,395,898 | ) | $ | (2,889,380 | ) | ||
Cost of Goods Sold | $ | 1,074,576 | $ | 2,236,663 | ||||
Gross Profit | $ | (300,047 | ) | $ | (800,421 | ) | ||
OPERATING EXPENSES | ||||||||
Personnel Costs - Sales & Marketing | $ | 44,396 | $ | 82,305 | ||||
Personnel Costs - General & Administrative | $ | 97,858 | $ | 184,847 | ||||
Travel & Meals | $ | 10,525 | $ | 29,259 | ||||
Advertising & Trade Shows | $ | 12,728 | $ | 17,422 | ||||
Office Expenses | $ | 4,171 | $ | 8,265 | ||||
Board of Directors | $ | - | $ | (12,074 | ) | |||
Investor Relations & Shareholders Services | $ | 1,418 | $ | 2,858 | ||||
Insurance | $ | 30,533 | $ | 61,792 | ||||
Legal & Other Professional Fees | $ | 1,929 | $ | 2,427 | ||||
Other (attach schedule) | $ | - | ||||||
Total Operating Expenses Before Depreciation | $ | 203,558 | $ | 377,101 | ||||
Depreciation/Depletion/Amortization | $ | 10,195 | $ | 20,391 | ||||
Net Profit (Loss) Before Other Income & Expenses | $ | (513,800 | ) | $ | (1,197,912 | ) | ||
OTHER INCOME AND EXPENSES | ||||||||
Other Income (attach schedule) | $ | - | ||||||
Interest Expense | $ | 80,752 | $ | 59,523 | ||||
Other Expense (attach schedule) | $ | - | ||||||
Net Profit (Loss) Before Reorganization Items | $ | (594,552 | ) | $ | (1,257,435 | ) | ||
REORGANIZATION ITEMS | ||||||||
Professional Fees | $ | 39,525 | $ | 159,525 | ||||
U. S. Trustee Quarterly Fees | $ | 7,150 | $ | 7,150 | ||||
Interest Earned on Accumulated Cash from Chapter 11 (see continuation sheet) | $ | - | ||||||
Gain (Loss) from Sale of Equipment | $ | - | ||||||
Other Reorganization Expenses (attach schedule) | $ | - | ||||||
Total Reorganization Expenses | $ | - | ||||||
Income Taxes | $ | - | ||||||
Net Profit (Loss) | $ | (641,226 | ) | $ | (1,424,110 | ) |
*"Insider" is defined in 11 U.S.C. Section 101(31).
FORM MOR-2
(04/07)
In re: Axion International, Inc. | Case No.: 15-12415 |
Debtor | Reporting Period: January 1 to 31, 2016 |
STATEMENT OF OPERATIONS - continuation sheet
Cumulative | ||||||||
BREAKDOWN OF "OTHER" CATEGORY | Month | Filing to Date | ||||||
Other Costs | ||||||||
Freight costs to customers | $ | (2,585 | ) | $ | 27,629 | |||
Royalties Under License | $ | 11,753 | $ | 20,907 | ||||
Purchasing & Product Development departments | $ | 47,187 | $ | 89,383 | ||||
$ | 1,262 | $ | 1,262 | |||||
Other Operational Expenses | ||||||||
Other Income | ||||||||
Other Expenses | ||||||||
Other Reorganization Expenses | ||||||||
Reorganization Items - Interest Earned on Accumulated Cash from Chapter 11:
Interest earned on cash accumulated during the chapter 11 case, which would not have been earned but for the bankruptcy proceeding, should be reported as a reorganization item.
FORM MOR-2 CONT'D
(04/07)
In re Axion International, Inc. | Case No. 15-12415 |
Debtor | Reporting Period: January 1 to 31, 2016 |
BALANCE SHEET
The Balance Sheet is to be completed on an accrual basis only. Pre-petition liabilities must be classified separately from postpetition obligations.
BOOK VALUE AT END OF | BOOK VALUE ON | |||||||
ASSETS | CURRENT REPORTING MONTH | PETITION DATE | ||||||
CURRENT ASSETS | ||||||||
Unrestricted Cash and Equivalents | $ | 628,002 | $ | 134,421 | ||||
Restricted Cash and Cash Equivalents (see continuation sheet) | $ | - | $ | - | ||||
Accounts Receivable (Net) | $ | 1,202,863 | $ | 2,034,172 | ||||
Notes Receivable | $ | - | $ | - | ||||
Inventories | $ | 1,373,265 | $ | 1,803,405 | ||||
Prepaid Expenses | $ | 346,280 | $ | 114,429 | ||||
Professional Retainers | $ | - | $ | - | ||||
Other Current Assets (attach schedule) | $ | - | $ | - | ||||
TOTAL CURRENT ASSETS | $ | 3,550,410 | $ | 4,086,426 | ||||
PROPERTY AND EQUIPMENT | ||||||||
Real Property and Improvements | $ | - | ||||||
Machinery and Equipment | $ | 11,462,203 | $ | 11,484,181 | ||||
Furniture, Fixtures and Office Equipment | $ | 259,596 | $ | 259,596 | ||||
Leasehold Improvements | $ | 36,467 | $ | 19,818 | ||||
Vehicles | $ | - | $ | - | ||||
Less Accumulated Depreciation | $ | (3,537,172 | ) | $ | (3,320,092 | ) | ||
TOTAL PROPERTY & EQUIPMENT | $ | 8,221,095 | $ | 8,443,503 | ||||
OTHER ASSETS | ||||||||
Loans to Insiders* | $ | - | $ | - | ||||
Other Assets (attach schedule) | $ | - | $ | - | ||||
TOTAL OTHER ASSETS | $ | - | $ | - | ||||
TOTAL ASSETS | $ | 11,771,505 | $ | 12,529,929 |
BOOK VALUE AT END OF | BOOK VALUE ON | |||||||
LIABILITIES AND OWNER EQUITY | CURRENT REPORTING MONTH | PETITION DATE | ||||||
LIABILITIES NOT SUBJECT TO COMPROMISE (Postpetition) | ||||||||
Accounts Payable | $ | 204,305 | $ | - | ||||
Taxes Payable (refer to FORM MOR-4) | $ | 30,777 | $ | 73,275 | ||||
Wages Payable | $ | 124,087 | $ | 202,788 | ||||
Notes Payable | $ | - | $ | - | ||||
Rent / Leases - Building/Equipment | $ | 593,176 | $ | 554,793 | ||||
Secured Debt / Adequate Protection Payments | $ | 850,000 | $ | 200,000 | ||||
Professional Fees | $ | - | $ | - | ||||
Amounts Due to Insiders* | $ | - | $ | - | ||||
Other Postpetition Liabilities (attach schedule) | $ | 754,673 | $ | 673,980 | ||||
TOTAL POSTPETITION LIABILITIES | $ | 2,557,018 | $ | 1,704,837 | ||||
LIABILITIES SUBJECT TO COMPROMISE (Pre-Petition) | ||||||||
Secured Debt | $ | 9,423,019 | $ | 9,386,118 | ||||
Priority Debt | $ | - | $ | - | ||||
Unsecured Debt | $ | 6,871,849 | $ | 7,083,172 | ||||
TOTAL PRE-PETITION LIABILITIES | $ | 16,294,868 | $ | 16,469,290 | ||||
TOTAL LIABILITIES | $ | 18,851,886 | $ | 18,174,127 | ||||
OWNER EQUITY | ||||||||
Capital Stock | $ | 54,725,760 | $ | 54,737,834 | ||||
Additional Paid-In Capital | $ | - | $ | - | ||||
Preferred Stock | $ | 4,079,980 | $ | 4,079,980 | ||||
Owner's Equity Account | $ | - | $ | - | ||||
Retained Earnings - Pre-Petition | $ | (64,462,011 | ) | $ | (64,462,011 | ) | ||
Retained Earnings - Postpetition | $ | (1,424,110 | ) | $ | - | |||
Adjustments to Owner Equity (attach schedule) | $ | - | $ | - | ||||
Postpetition Contributions (Distributions) (Draws) (attach schedule) | $ | - | $ | - | ||||
NET OWNER EQUITY | $ | (7,080,381 | ) | $ | (5,644,197 | ) | ||
TOTAL LIABILITIES AND OWNERS' EQUITY | $ | 11,771,505 | $ | 12,529,929 |
*"Insider" is defined in 11 U.S.C. Section 101(31).
FORM MOR-3
(04/07)
In re: Axion International, Inc. | Case No. 15-12415 |
Debtor | Reporting Period: January 1 to 31, 2016 |
BALANCE SHEET - continuation sheet
BOOK VALUE AT END OF | BOOK VALUE ON | |||||||
ASSETS | CURRENT REPORTING MONTH | PETITION DATE | ||||||
Other Current Assets | ||||||||
Other Assets | ||||||||
BOOK VALUE AT END OF | BOOK VALUE ON | |||||||
LIABILITIES AND OWNER EQUITY | CURRENT REPORTING MONTH | PETITION DATE | ||||||
Other Postpetition Liabilities | ||||||||
Customer deposit | $ | 167,300 | $ | 167,300 | ||||
Sales tax payable | $ | 44,944 | $ | 45,141 | ||||
Ford credit truck loan | $ | 20,486 | $ | 21,261 | ||||
Bureau of Workers Comp - Ohio | $ | 13,277 | $ | 16,577 | ||||
Royalties payable | $ | 94,346 | $ | 147,503 | ||||
Accrued interest | $ | 414,320 | $ | 276,198 | ||||
Miscellaneous month-end cutoff invoices | ||||||||
Adjustments to Owner Equity | ||||||||
Postpetition Contributions (Distributions) (Draws) | ||||||||
Restricted Cash is cash that is restricted for a specific use and not available to fund operations. Typically, restricted cash is segregated into a separate account, such as an escrow account.
FORM MOR-3 CONT'D
(04/07)
In re: Axion International, Inc. | Case No. 15-12415 |
Debtor | Reporting Period: January 1 to 31, 2016 |
STATUS OF POSTPETITION TAXES
The beginning tax liability should be the ending liability from the prior month or, if this is the first report, the amount should be zero. Attach photocopies of IRS Form 6123 or payment receipt to verify payment or deposit of federal payroll taxes. Attach photocopies of any tax returns filed during the reporting period.
Beginning | Amount | Ending | ||||||||||
Tax | Withheld or | Amount | Date | Check No. | Tax | |||||||
Federal | Liability | Accrued | Paid | Paid | or EFT | Liability | ||||||
Withholding | ||||||||||||
FICA-Employee | ||||||||||||
FICA-Employer | Through our payroll processor, Paychex, we have remitted and filed our tax returns when due. | |||||||||||
Unemployment | ||||||||||||
Income | ||||||||||||
Other:_________________ | ||||||||||||
Total Federal Taxes | ||||||||||||
State and Local | ||||||||||||
Withholding | ||||||||||||
Sales | ||||||||||||
Excise | Through our payroll processor, Paychex, we have remitted and filed our tax returns when due. | |||||||||||
Unemployment | ||||||||||||
Real Property | ||||||||||||
Personal Property | ||||||||||||
Other:_________________ | ||||||||||||
Total State and Local | ||||||||||||
Total Taxes |
SUMMARY OF UNPAID POSTPETITION DEBTS
Attach aged listing of accounts payable.
Number of Days Past Due | ||||||||||||||||||||||||
Current | 0-30 | 31-60 | 61-90 | Over 90 | Total | |||||||||||||||||||
Accounts Payable | $ | 203,484 | $ | 821 | $ | - | $ | - | $ | - | $ | 204,305 | ||||||||||||
Wages Payable | $ | 124,087 | $ | - | $ | - | $ | - | $ | - | $ | 124,087 | ||||||||||||
Taxes Payable | $ | 30,777 | $ | - | $ | - | $ | - | $ | - | $ | 30,777 | ||||||||||||
Rent/Leases-Building | $ | 593,176 | $ | - | $ | - | $ | - | $ | - | $ | 593,176 | ||||||||||||
Rent/Leases-Equipment | $ | - | ||||||||||||||||||||||
Secured Debt/Adequate Protection Payments | $ | 850,000 | $ | - | $ | - | $ | - | $ | - | $ | 850,000 | ||||||||||||
Professional Fees | $ | - | ||||||||||||||||||||||
Amounts Due to Insiders* | $ | - | ||||||||||||||||||||||
Other:__________________________ | $ | - | ||||||||||||||||||||||
Other:__________________________ | $ | - | ||||||||||||||||||||||
Total Postpetition Debts | $ | 1,801,524 | $ | 821 | $ | - | $ | - | $ | - | $ | 1,802,345 |
Explain how and when the Debtor intends to pay any past-due postpetition debts.
*"Insider" is defined in 11 U.S.C. Section 101(31).
FORM MOR-4
(04/07)
In re: Axion International, Inc. | Case No. 15-12415 |
Debtor | Reporting Period: January 1 to 31, 2016 |
AXION INTERNATIONAL INC
Aged Payables
As of Jan 31, 2016
Filter Criteria includes: 1) Includes Drop Shipments. Report order is by ID. Report is printed in Detail Format.
Vendor ID | Vendor | Date | Date Due | Invoice/CM # | 0 - 30 | 31 - 60 | 61 - 90 | Over 90 days | Amount Due | Vendor Type | |||||||||||||||||||||
ADVA01 | ADVANCED POLYMERS SUPPLY INC. | 1/27/16 | �� | 2/6/16 | 1571 | 3,757.00 | 3,757.00 | RAW | |||||||||||||||||||||||
ADVA01 | ADVANCED POLYMERS SUPPLY INC. | 1/29/16 | 2/8/16 | 1572 | 3,384.70 | 3,384.70 | RAW | ||||||||||||||||||||||||
ADVA01 | ADVANCED POLYMERS SUPPLY INC. | 7,141.70 | 7,141.70 | ||||||||||||||||||||||||||||
AFLA01 | AFLAC | 1/13/16 | 2/1/16 | 606002 | 218.76 | 218.76 | INSURANC | ||||||||||||||||||||||||
AFLA01 | AFLAC | 218.76 | 218.76 | ||||||||||||||||||||||||||||
AMER02 | AMERIGAS | 12/9/15 | 2/7/16 | 3046870588 | 355.51 | 355.51 | MRO | ||||||||||||||||||||||||
AMER02 | AMERIGAS | 12/11/15 | 2/9/16 | 3046950912 | 136.90 | 136.90 | MRO | ||||||||||||||||||||||||
AMER02 | AMERIGAS | 12/31/15 | 2/29/16 | 3047548113 | 328.47 | 328.47 | MRO | ||||||||||||||||||||||||
AMER02 | AMERIGAS | 1/8/16 | 3/8/16 | 3047862028 | 124.06 | 124.06 | MRO | ||||||||||||||||||||||||
AMER02 | AMERIGAS | 1/13/16 | 3/13/16 | 3048031445 | 227.14 | 227.14 | MRO | ||||||||||||||||||||||||
AMER02 | AMERIGAS | 351.20 | 820.88 | 1,172.08 | |||||||||||||||||||||||||||
AMER04 | AMERICAN ELECTRIC POWER | 1/1/16 | 1/7/16 | 07916818029JAN | 16.55 | 16.55 | UTILITY | ||||||||||||||||||||||||
AMER04 | AMERICAN ELECTRIC POWER | 1/12/16 | 2/3/16 | 07916818029FEB | 128.94 | 128.94 | UTILITY | ||||||||||||||||||||||||
AMER04 | AMERICAN ELECTRIC POWER | 145.49 | 145.49 | ||||||||||||||||||||||||||||
amer05 | AMERICAN ELECTRIC POWER | 1/11/16 | 2/2/16 | 07366925936JAN | 5,768.24 | 5,768.24 | UTILITY | ||||||||||||||||||||||||
amer05 | AMERICAN ELECTRIC POWER | 5,768.24 | 5,768.24 | ||||||||||||||||||||||||||||
ASSOC01 | ASSOCIATION OF OHIO RECYCLERS | 1/26/16 | 1/26/16 | 0183 | 300.00 | 300.00 | PROF | ||||||||||||||||||||||||
ASSOC01 | ASSOCIATION OF OHIO RECYCLERS | 300.00 | 300.00 | ||||||||||||||||||||||||||||
ATMO02 | ATMOS ENERGY | 1/27/16 | 2/11/16 | 3046665508JAN16 | 318.05 | 318.05 | UTILITY | ||||||||||||||||||||||||
ATMO02 | ATMOS ENERGY | 318.05 | 318.05 | ||||||||||||||||||||||||||||
BWCS01 | BWC STATE INSURANCE FUND | 1/21/16 | 2/20/16 | PAYRADJCREDIT | -8,502.22 | -8,502.22 | INSURANC | ||||||||||||||||||||||||
BWCS01 | BWC STATE INSURANCE FUND | -8,502.22 | -8,502.22 | ||||||||||||||||||||||||||||
CINT01 | CINTAS CORPORATION | 1/6/16 | 2/10/16 | 637451590 | 180.62 | 180.62 | MRO | ||||||||||||||||||||||||
CINT01 | CINTAS CORPORATION | 1/13/16 | 2/10/16 | 637451965 | 180.62 | 180.62 | MRO | ||||||||||||||||||||||||
CINT01 | CINTAS CORPORATION | 1/20/16 | 2/10/16 | 637453334 | 180.62 | 180.62 | MRO | ||||||||||||||||||||||||
CINT01 | CINTAS CORPORATION | 1/20/16 | 1/30/16 | 530582279 | 190.88 | 190.88 | MRO | ||||||||||||||||||||||||
CINT01 | CINTAS CORPORATION | 1/27/16 | 2/10/16 | 637452710 | 315.67 | 315.67 | MRO | ||||||||||||||||||||||||
CINT01 | CINTAS CORPORATION | 1/27/16 | 2/10/16 | 530583865 | 462.61 | 462.61 | MRO | ||||||||||||||||||||||||
CINT01 | CINTAS CORPORATION | 1/29/16 | 2/10/16 | 8402589007 | 259.05 | 259.05 | MRO | ||||||||||||||||||||||||
CINT01 | CINTAS CORPORATION | 1,770.07 | 1,770.07 | ||||||||||||||||||||||||||||
COAS01 | COASTAL COMPOUNDED RESINS | 1/29/16 | 1/29/16 | 4805 | 3,956.80 | 3,956.80 | RAW | ||||||||||||||||||||||||
COAS01 | COASTAL COMPOUNDED RESINS | 3,956.80 | 3,956.80 | ||||||||||||||||||||||||||||
COMP01 | COMPUTERSHARE, INC | 1/11/16 | 2/10/16 | US_CSSI963042 | 697.74 | 697.74 | INVEST | ||||||||||||||||||||||||
COMP01 | COMPUTERSHARE, INC | 697.74 | 697.74 | ||||||||||||||||||||||||||||
COSH01 | COSHOCTON ENVIRONMENTAL TESTING LLC | 1/20/16 | 2/19/16 | 632-38398 | 60.00 | 60.00 | MRO | ||||||||||||||||||||||||
COSH01 | COSHOCTON ENVIRONMENTAL TESTING LLC | 1/26/16 | 2/25/16 | 632-38428 | 60.00 | 60.00 | MRO | ||||||||||||||||||||||||
COSH01 | COSHOCTON ENVIRONMENTAL TESTING LLC | 120.00 | 120.00 | ||||||||||||||||||||||||||||
DUPU01 | DUPUY OXYGEN & SUPPLY | 1/16/16 | 2/15/16 | 375372 | 25.54 | 25.54 | MRO | ||||||||||||||||||||||||
DUPU01 | DUPUY OXYGEN & SUPPLY | 25.54 | 25.54 | ||||||||||||||||||||||||||||
ENER01 | THE ENERGY COOPERATIVE | 1/11/16 | 1/27/16 | 1302242100DEC | 403.64 | 403.64 | UTILITY | ||||||||||||||||||||||||
ENER01 | THE ENERGY COOPERATIVE | 403.64 | 403.64 | ||||||||||||||||||||||||||||
GILB01 | GILBERT + TOBIN | 1/8/16 | 2/7/16 | 313095 | 1,929.22 | 1,929.22 | PROF | ||||||||||||||||||||||||
GILB01 | GILBERT + TOBIN | 1,929.22 | 1,929.22 | ||||||||||||||||||||||||||||
GPHA01 | GP HARMON RECYCLING LLC | 1/14/16 | 1/14/16 | 451000880587/890039 | 18,159.05 | 18,159.05 | RAW | ||||||||||||||||||||||||
GPHA01 | GP HARMON RECYCLING LLC | 1/14/16 | 1/14/16 | 451000890121 | 15,744.30 | 15,744.30 | RAW | ||||||||||||||||||||||||
GPHA01 | GP HARMON RECYCLING LLC | 1/15/16 | 1/15/16 | 451000890773 | 12,544.35 | 12,544.35 | RAW | ||||||||||||||||||||||||
GPHA01 | GP HARMON RECYCLING LLC | 1/15/16 | 1/15/16 | 451000893370 | 13,554.45 | 13,554.45 | RAW | ||||||||||||||||||||||||
GPHA01 | GP HARMON RECYCLING LLC | 1/28/16 | 1/28/16 | 451000890890 | 10,905.00 | 10,905.00 | RAW |
Vendor ID | Vendor | Date | Date Due | Invoice/CM # | 0 - 30 | 31 - 60 | 61 - 90 | Over 90 days | Amount Due | Vendor Type | |||||||||||||||||||||
GPHA01 | GP HARMON RECYCLING LLC | 1/28/16 | 1/28/16 | 451000895625 | 15,227.55 | 15,227.55 | RAW | ||||||||||||||||||||||||
GPHA01 | GP HARMON RECYCLING LLC | 1/29/16 | 1/29/16 | 451000895626 | 11,107.20 | 11,107.20 | RAW | ||||||||||||||||||||||||
GPHA01 | GP HARMON RECYCLING LLC | 97,241.90 | 97,241.90 | ||||||||||||||||||||||||||||
HART02 | THE HARTFORD | 1/26/16 | 2/15/16 | AAC290709 FEB16 | 8,936.43 | 8,936.43 | INSURANC | ||||||||||||||||||||||||
HART02 | THE HARTFORD | 8,936.43 | 8,936.43 | ||||||||||||||||||||||||||||
HERZ01 | HERZOG | 1/26/16 | 2/25/16 | JOB#46346 | 42,190.40 | 42,190.40 | SUBCONTR | ||||||||||||||||||||||||
HERZ01 | HERZOG | 42,190.40 | 42,190.40 | ||||||||||||||||||||||||||||
KERR01 | KERRY D. IRONS, M.D., P.A. | 1/12/16 | 2/11/16 | 58504 | 28.00 | 28.00 | HR | ||||||||||||||||||||||||
KERR01 | KERRY D. IRONS, M.D., P.A. | 1/14/16 | 2/13/16 | 58536 | 28.00 | 28.00 | HR | ||||||||||||||||||||||||
KERR01 | KERRY D. IRONS, M.D., P.A. | 56.00 | 56.00 | ||||||||||||||||||||||||||||
LIFT01 | LIFT TRUCK SUPPLY, INC. | 1/25/16 | 2/4/16 | 24035491 | 429.40 | 429.40 | RENTAL | ||||||||||||||||||||||||
LIFT01 | LIFT TRUCK SUPPLY, INC. | 429.40 | 429.40 | ||||||||||||||||||||||||||||
MICR01 | MICROSOFT CORPORATION | 1/12/16 | 2/11/16 | E01001QPM5 | 1,179.75 | 1,179.75 | IT | ||||||||||||||||||||||||
MICR01 | MICROSOFT CORPORATION | 1/12/16 | 2/11/16 | E01001QP7W | 33.25 | 33.25 | IT | ||||||||||||||||||||||||
MICR01 | MICROSOFT CORPORATION | 1/12/16 | 2/11/16 | E01001QPSG | 209.14 | 209.14 | IT | ||||||||||||||||||||||||
MICR01 | MICROSOFT CORPORATION | 1/12/16 | 2/11/16 | E01001QPB5 | 32.18 | 32.18 | IT | ||||||||||||||||||||||||
MICR01 | MICROSOFT CORPORATION | 1,454.32 | 1,454.32 | ||||||||||||||||||||||||||||
MUSK01 | MUSKINGUM COUNTY TREASURER | 1/28/16 | 2/19/16 | 5130031700120151ST | 2,817.11 | 2,817.11 | TAXES | ||||||||||||||||||||||||
MUSK01 | MUSKINGUM COUNTY TREASURER | 1/28/16 | 2/19/16 | 5130031600520151ST | 31,980.80 | 31,980.80 | TAXES | ||||||||||||||||||||||||
MUSK01 | MUSKINGUM COUNTY TREASURER | 34,797.91 | 34,797.91 | ||||||||||||||||||||||||||||
MUSK02 | MUSKINGUM COUNTY UTILITIES | 1/6/16 | 2/9/16 | 2016-8 | 1,634.00 | 1,634.00 | UTILITY | ||||||||||||||||||||||||
MUSK02 | MUSKINGUM COUNTY UTILITIES | 1,634.00 | 1,634.00 | ||||||||||||||||||||||||||||
PITN01 | PITNEY BOWES GLOBAL FINANCIAL SERVICES | 1/13/16 | 2/6/16 | 2135020-JA16 | 31.52 | 31.52 | LEASE | ||||||||||||||||||||||||
PITN01 | PITNEY BOWES GLOBAL FINANCIAL SERVICES | 31.52 | 31.52 | ||||||||||||||||||||||||||||
SPOO01 | SPOONER INC. | 1/27/16 | 2/26/16 | 75-013016 | 175.00 | 175.00 | INSURANC | ||||||||||||||||||||||||
SPOO01 | SPOONER INC. | 175.00 | 175.00 | ||||||||||||||||||||||||||||
SUNB03 | SUNBELT RENTALS | 1/18/16 | 1/18/16 | 44384632-028 | 1,274.67 | 1,274.67 | MRO | ||||||||||||||||||||||||
SUNB03 | SUNBELT RENTALS | 1,274.67 | 1,274.67 | ||||||||||||||||||||||||||||
TERM01 | TERMINIX | 1/20/16 | 2/8/16 | 351821483 | 48.26 | 48.26 | MRO | ||||||||||||||||||||||||
TERM01 | TERMINIX | 48.26 | 48.26 | ||||||||||||||||||||||||||||
VINT01 | VINTAGE FILINGS | 1/29/16 | 1/29/16 | 1-407751 | 570.00 | 570.00 | INVEST | ||||||||||||||||||||||||
VINT01 | VINTAGE FILINGS | 570.00 | 570.00 | ||||||||||||||||||||||||||||
Report Total | 203,484.04 | 820.88 | 204,304.92 |
In re Axion International, Inc. | Case No. 15-12415 |
Debtor | Reporting Period: January 1 to 31, 2016 |
ACCOUNTS RECEIVABLE RECONCILIATION AND AGING
Accounts Receivable Reconciliation | Amount | |||
Total Accounts Receivable at the beginning of the reporting period | $ | 629,172 | ||
+ Amounts billed during the period | $ | 954,415 | ||
- Amounts collected during the period | $ | (311,516 | ) | |
Total Accounts Receivable at the end of the reporting period | $ | 1,272,071 |
Accounts Receivable Aging | Amount | |||
0 - 30 days old | $ | 1,207,561 | ||
31 - 60 days old | $ | - | ||
61 - 90 days old | $ | (11 | ) | |
91+ days old | $ | 64,521 | ||
Total Accounts Receivable | $ | 1,272,071 | ||
Amount considered uncollectible (Bad Debt) | $ | (69,208 | ) | |
Accounts Receivable (Net) | $ | 1,202,863 |
DEBTOR QUESTIONNAIRE
Must be completed each month | Yes | No | |||
1. | Have any assets been sold or transferred outside the normal course of business this reporting period? If yes, provide an explanation below. | No | |||
2. | Have any funds been disbursed from any account other than a debtor in possession account this reporting period? If yes, provide an explanation below. | No | |||
3. | Have all postpetition tax returns been timely filed? If no, provide an explanation below. | Yes | |||
4. | Are workers compensation, general liability and other necessary insurance coverages in effect? If no, provide an explanation below. | Yes | |||
5. | Has any bank account been opened during the reporting period? If yes, provide documentation identifying the opened account(s). If an investment account has been opened provide the required documentation pursuant to the Delaware Local Rule 4001-3. | Yes, Utility Deposit Account on 12/30/15 |
FORM MOR-5
(04/07)