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Exhibit 99.1
UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF NEW YORK
Case No. 02-12834 and 02-41729 through 02-41957*
Chapter 11
ADELPHIA COMMUNICATIONS CORPORATION, et al.
(Name of Debtors)
Monthly Operating Report for
the period ended November 30, 2004 **
Debtors' Address:
5619 DTC Parkway
Greenwood Village, CO 80111
Willkie Farr & Gallagher LLP
(Debtors' Attorneys)
Monthly Operating Loss: $(7,613)
($ in thousands)
Report Preparer:
The undersigned, having reviewed the attached report and being familiar with the Debtors' financial affairs, verifies under the penalty of perjury, that the information contained therein is complete, accurate and truthful to the best of my knowledge.**
Date: December 23, 2004
/s/ SCOTT MACDONALD Scott Macdonald Senior Vice President and Chief Accounting Officer |
Indicate if this is an amended statement by checking here
AMENDED STATEMENT
* Refer to Schedule VI for a listing of Debtors by Case Number.
** Shortly prior to the filing of this Monthly Operating Report, Adelphia Communications Corporation filed its Annual Report on Form 10-K for the year ended December 31, 2003 (the "2003 Form 10-K"). The 2003 Form 10-K can be read over the Internet at the Securities and Exchange Commission's website at http://www.sec.gov. The 2003 Form 10-K includes the audited consolidated financial statements (the "audited financial statements") of Adelphia Communications Corporation and its subsidiaries for the years ended December 31, 2003, 2002 and 2001 and related financial information. As further described in the 2003 Form 10-K, the audited financial statements reflect, among other things, the correction of prior errors in the application of generally accepted accounting principles contained in publicly filed documents.
Given the contemporaneous completion of the audited financial statements and the filing of the attached report, the Debtors have not been able to reconcile the financial information for the Debtors included in the attached report with the audited financial statements nor have the Debtors been able to update related disclosure concerning the status of PricewaterhouseCoopers, LLP audit with respect to such financial statements, which occurred on December 23, 2004, and the filing of the 2003 Form 10-K. As a result, this report was prepared on a basis consistent with the prior Monthly Operating Reports and does not reflect the corrections made in the 2003 Form 10-K and the audited financial statements. The Debtors expect that the adjustments that must be made to the financial information contained in this report to be consistent with the audited financial statements will be material. The Debtors intend to file their December Monthly Operating Report on a basis consistent with the 2003 Form 10-K and the audited financial statements.
ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
UNAUDITED CONSOLIDATED BALANCE SHEET
(Dollars in thousands, except per share amounts)
| November 30, 2004 | ||||||
---|---|---|---|---|---|---|---|
ASSETS: | |||||||
Current Assets: | |||||||
Cash and cash equivalents | $ | 293,151 | |||||
Restricted cash | 5,121 | ||||||
Subscriber receivables — net | 130,566 | ||||||
Other current assets | 265,828 | ||||||
Total current assets | 694,666 | ||||||
Restricted cash | 9,545 | ||||||
Investments | 25,240 | ||||||
Intercompany receivables | 27,633,084 | ||||||
Related party receivables | 1,786,272 | ||||||
Property, plant and equipment — net | 6,889,833 | ||||||
Intangible assets — net | 15,295,819 | ||||||
Other noncurrent assets — net | 196,060 | ||||||
Total assets | $ | 52,530,519 | |||||
LIABILITIES AND STOCKHOLDERS' EQUITY: | |||||||
Current liabilities: | |||||||
Accounts payable | $ | 117,191 | |||||
Subscriber advance payments and deposits | 32,567 | ||||||
Accrued and other liabilities | 235,838 | ||||||
Current portion of parent and subsidiary debt | 674,193 | ||||||
Total current liabilities | 1,059,789 | ||||||
Noncurrent liabilities: | |||||||
Accrued and other liabilities | 170,364 | ||||||
Deferred income taxes | 2,004,762 | ||||||
Intercompany payables | 590,774 | ||||||
Related party payables | 164,619 | ||||||
Total noncurrent liabilities | 2,930,519 | ||||||
Liabilities subject to compromise | 46,081,628 | ||||||
Total liabilities | 50,071,936 | ||||||
Minority interests | 534,725 | ||||||
Stockholders' equity: | |||||||
Convertible preferred stock | 397 | ||||||
Class A and Class B common stock, $.01 par value, 1,500,000,000 shared authorized, 254,842,461 254,842,636 shares issued and outstanding | 2,548 | ||||||
Additional paid-in capital | 9,467,136 | ||||||
Accumulated other comprehensive loss | (6,721 | ) | |||||
Accumulated deficit | (4,543,945 | ) | |||||
Treasury stock, at cost | (149,401 | ) | |||||
4,770,014 | |||||||
Amounts due from Rigas family entities under co-borrowing credit facilities | (2,846,156 | ) | |||||
Total stockholders' equity | 1,923,858 | ||||||
Total liabilities and stockholders' equity | $ | 52,530,519 | |||||
The accompanying notes are an integral part of these unaudited consolidated financial statements.
2
ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS
(Dollars in thousands, except per share amounts)
| Month Ended November 30, 2004 | Twenty-nine Months Ended November 30, 2004 | |||||||
---|---|---|---|---|---|---|---|---|---|
Revenue | $ | 331,256 | $ | 8,765,843 | |||||
Cost and expenses: | |||||||||
Direct operating and programming | 211,786 | 5,628,347 | |||||||
Selling, general and administrative | 23,661 | 606,893 | |||||||
Depreciation and amortization | 87,488 | 2,291,392 | |||||||
Impairment of long-lived and other assets | — | 72,134 | |||||||
Non-recurring professional fees | 9,383 | 166,278 | |||||||
Operating income before reorganization expenses due to bankruptcy | (1,062 | ) | 799 | ||||||
Reorganization expenses due to bankruptcy | 6,551 | 207,223 | |||||||
Operating loss | (7,613 | ) | (206,424 | ) | |||||
Other income (expense): | |||||||||
Interest expense | (40,564 | ) | (977,220 | ) | |||||
Equity in losses of affiliates — net | (187 | ) | (110,741 | ) | |||||
Minority interest in losses of subsidiaries — net | 787 | 26,131 | |||||||
Other-than-temporary impairment of investments and other assets | — | (72,909 | ) | ||||||
Other | 265 | 10,276 | |||||||
(39,699 | ) | (1,124,463 | ) | ||||||
Net loss from continuing operations before income taxes | (47,312 | ) | (1,330,887 | ) | |||||
Income tax benefit | — | 35 | |||||||
Net loss from continuing operations | (47,312 | ) | (1,330,852 | ) | |||||
Discontinued operations | — | (46,139 | ) | ||||||
Net loss applicable to common stockholders | $ | (47,312 | ) | $ | (1,376,991 | ) | |||
Net loss per weighted average share outstanding — basic and diluted | $ | (0.19 | ) | $ | (5.43 | ) | |||
Weighted average shares outstanding (in thousands) — basic and diluted | 253,748 | 253,748 | |||||||
The accompanying notes are an integral part of these unaudited consolidated financial statements.
3
ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS
(Dollars in thousands)
| Month Ended November 30, 2004 | Twenty-nine Months Ended November 30, 2004 | ||||||||
---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||||||
Net loss | $ | (47,312 | ) | $ | (1,376,991 | ) | ||||
Adjustments to reconcile net loss to net cash provided by operating activities: | ||||||||||
Depreciation and amortization | 87,488 | 2,291,392 | ||||||||
Amortization of bank financing costs | 4,522 | 66,550 | ||||||||
Impairment of long-lived and other assets | — | 72,134 | ||||||||
Other-than-temporary impairment of investments and other assets | — | 72,909 | ||||||||
Minority interest in losses of subsidiaries — net | (787 | ) | (26,131 | ) | ||||||
Equity in losses of affiliates, net | 187 | 110,741 | ||||||||
Gain on sale of assets — net | — | (8,642 | ) | |||||||
Depreciation, amortization and other non-cash items from discontinued operations | — | 46,366 | ||||||||
Other non-cash items | — | 3,856 | ||||||||
Reorganization expenses due to bankruptcy | 6,551 | 207,223 | ||||||||
Non-recurring professional fees, net of amounts paid | 6,947 | 50,747 | ||||||||
Change in assets and liabilities: | ||||||||||
Subscriber receivables — net | (2,396 | ) | (4,711 | ) | ||||||
Other assets — net | (8,304 | ) | (69,821 | ) | ||||||
Accounts payable | 16,354 | 14,270 | ||||||||
Subscriber advance payments and deposits | (3,564 | ) | 29,694 | |||||||
Accrued interest and other liabilities | (28,176 | ) | 236,833 | |||||||
Liabilities subject to compromise | 308 | (113,011 | ) | |||||||
Intercompany receivables and payables — net | 6,574 | (17,741 | ) | |||||||
Net cash provided by operating activities before payment of reorganization expenses | 38,392 | 1,585,667 | ||||||||
Reorganization expenses paid during the period | (9,221 | ) | (175,994 | ) | ||||||
Net cash provided by operating activities | 29,171 | 1,409,673 | ||||||||
Cash flows from investing activities: | ||||||||||
Expenditures for property, plant and equipment | (41,385 | ) | (1,787,323 | ) | ||||||
Cash paid for acquisitions | — | (2,899 | ) | |||||||
Changes in restricted cash | (17 | ) | (12,523 | ) | ||||||
Proceeds on asset sales | — | 9,906 | ||||||||
Investment distributions and contributions — net | — | (2,620 | ) | |||||||
Related party receivables and payables — net | (3,428 | ) | 36,045 | |||||||
Net cash used in investing activities | (44,830 | ) | (1,759,414 | ) | ||||||
Cash flows from financing activities: | ||||||||||
Proceeds from debt | — | 688,572 | ||||||||
Payments of debt | (14,475 | ) | (124,238 | ) | ||||||
Payment of bank financing costs | — | (63,066 | ) | |||||||
Net cash provided by financing activities | (14,475 | ) | 501,268 | |||||||
Change in cash and cash equivalents | (30,134 | ) | 151,527 | |||||||
Cash and cash equivalents, beginning of period | 323,285 | 141,624 | ||||||||
Cash and cash equivalents, end of period | $ | 293,151 | $ | 293,151 | ||||||
The accompanying notes are an integral part of these unaudited consolidated financial statements.
4
ADELPHIA COMMUNICATIONS CORPORATION, et. al.
(DEBTORS-IN-POSSESSION)
NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
(Dollars in thousands)
1. Organization, Business and Proceedings under Chapter 11
Adelphia Communications Corporation and its subsidiaries ("Adelphia" or the "Company") own, operate and manage cable television systems and other related businesses. Adelphia's operations primarily consist of providing analog and digital cable services, high-speed Internet access and other advanced services over Adelphia's cable networks. These services are generally provided to residential customers. Cable systems operated by Adelphia are located in 31 states and Puerto Rico, with large clusters in Los Angeles, Western Pennsylvania, Ohio, Western New York, New England, Florida, Virginia and Colorado Springs.
Solely for the purposes of the accompanying unaudited consolidated financial statements, the accounts of Adelphia, including its majority-owned subsidiaries and subsidiaries that are at least 50% owned and controlled by Adelphia, are included with the exception of those subsidiaries/entities (the "Non-Filing Entities") who did not file voluntary petitions under Chapter 11 of Title 11 of the United States Code (the "Bankruptcy Code") and Century-ML Cable Venture ("CMLCV"), a joint venture of which Adelphia is the managing partner and whose bankruptcy filing is administered separately. The Non-Filing Entities as of November 30, 2004 include Palm Beach Group Cable, Inc., Palm Beach Group Cable Joint Venture, Century-ML Cable Corporation, Praxis Capital Ventures, L.P., St. Marys Television, Inc. ("St. Marys"), Adelphia Brasil, Ltda, STV Communications and Main Security Surveillance, Inc. As of and for the month ended November 30, 2004, the Non-Filing Entities were not significant to the consolidated results of operations, financial position, or cash flows of the filing entities. The accompanying unaudited consolidated financial statements do not include any entities owned and/or controlled by John J. Rigas or his family (the "Rigas Family" or "Rigas Entities").
Bankruptcy Proceedings
On June 25, 2002, Adelphia and all of its wholly-owned subsidiaries (excluding Century Communications Corporation ("Century") which filed on June 10, 2002) (all filing entities, including Century, herein known as the "Debtors" or "Filing Entities"), except for the Non-Filing Entities and CMLCV which filed on September 30, 2002 (see Note 18), each filed a voluntary petition for relief under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the Southern District of New York (the "Bankruptcy Court"). The Debtors are operating their business as debtors-in-possession under Chapter 11. On July 11, 2002, the Office of the United States Trustee for the Southern District of New York (the "U.S. Trustee") appointed a statutory committee of unsecured creditors (the "Creditors' Committee"). In addition, on July 31, 2002, the U.S. Trustee appointed a statutory committee of equity holders (the "Equity Committee" and collectively with the Creditors' Committee, the "Committees"). The Committees have the right to, among other things, review and object to certain business transactions and may participate in the formulation of the Company's long-term business plan and plan of reorganization. The Company has received several extensions from the Bankruptcy Court of the period within which to file a plan of reorganization (the "Exclusive Period") and solicit acceptances thereof (the "Solicitation Period"), with the latest extension of the Exclusive Period and the Solicitation Period being through February 17, 2004 and April 20, 2004, respectively. On February 9, 2004, the Debtors filed a motion requesting an additional extension of the Exclusive Period and Solicitation Period to April 17, 2004 and June 19, 2004, respectively. On February 5, 2004, the Equity Committee filed a motion to terminate the Debtors' Exclusive Period and Solicitation Period. On February 17, 2004, the Rigas Family filed a motion to terminate the Debtors' Exclusive Period and Solicitation Period. Other objections have been filed to the Debtors' extension motion by parties in interest in these cases, including by the agents for the pre-petition lenders and certain other creditors. Bridge orders were entered by the Bankruptcy Court extending the Exclusive Period and Solicitation Period until the hearing on the motions is held and a determination by the Bankruptcy Court is made. A hearing on all of these motions has been adjourned, due to the exploration of the sales process discussed below, to a date to be determined by the Bankruptcy Court. Until such hearing, the Exclusive Period and the Solicitation Period are continuing.
5
ADELPHIA COMMUNICATIONS CORPORATION, et. al.
(DEBTORS-IN-POSSESSION)
NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
(Dollars in thousands)
On February 25, 2004, the Debtors filed their proposed joint plan of reorganization (the "Plan") and related draft disclosure statement with the Bankruptcy Court. In addition, on February 25, 2004, the Company announced that it executed a commitment letter and certain related documents pursuant to which, and subject to the terms and conditions set forth therein, four financial institutions committed to provide to the Debtors up to $8.8 billion in exit financing, which amounts will be used by the Debtors to make the cash payments contemplated by the Debtors' proposed plan of reorganization and to pay transaction costs associated with the reorganization of the Debtors. The commitment letter and the related documents were amended on several occasions during the first and second quarters of 2004 to give effect to certain developments in the bankruptcy cases of the Debtors, including in response to the April 22, 2004 announcement by the Debtors of their intention to pursue a possible sale of their equity or assets.
The proposed exit financing facilities are comprised of (i) $5,500,000 of senior secured credit facilities, which includes $4,750,000 of term loans and a $750,000 revolving credit line, and (ii) a $3,300,000 bridge facility. The revolving credit line would generally not be used on the closing date to finance the cash payments to be made under the Debtors' proposed plan of reorganization or to pay transaction costs associated with the reorganization of the Debtors. Rather, the revolving credit line would be used following the completion of the Debtors' reorganization to fund the working capital requirements of the Debtors. The aggregate commitment of the exit lenders under the terms of the exit financing commitment is subject to reduction under certain circumstances, which are described in the commitment letter, as amended. In addition, the Company has the right to terminate the commitment of the exit lenders after the execution of a definitive sale agreement that has been approved by Adelphia's board of directors providing for the sale of all or substantially all of the assets of the Debtors or all or substantially all of the equity of Adelphia. The obligation of the exit lenders to fund the exit financing facilities is subject to certain conditions which are enumerated in the commitment letter and the attachments thereto, each as amended. No assurance can be given that such conditions will be satisfied.
On June 30, 2004, and after the Debtors and the exit lenders agreed on certain modifications to the terms of the exit financing commitment, the Bankruptcy Court entered an order approving the exit financing commitment. Following the Bankruptcy Court's definitive approval of the exit financing commitment, the Company paid the exit lenders a nonrefundable fee of $10,000 and reimbursed the exit lenders for certain expenses they had incurred through the date of such approval, including certain legal expenses incurred by them through such date. Additional fees will be payable by the Company under the terms of the exit financing commitment irrespective of whether the exit financing facilities are utilized. Certain other fees will only become payable if the exit financing facilities are funded.
The Debtors are not soliciting acceptances of the Plan at this time, and any such solicitation will be made only after the disclosure statement relating to the Plan has been approved by the Bankruptcy Court. In order to successfully emerge from bankruptcy, the Debtors must, among other things: (1) obtain an order of the Bankruptcy Court approving the disclosure statement as containing "adequate information", (2) solicit the acceptance of the Plan from the holders of claims and equity interests in each class that is impaired and not deemed by the Bankruptcy Court to have rejected the Plan, (3) obtain an order from the Bankruptcy Court confirming the Plan and (4) consummate the Plan. No date for a hearing on the disclosure statement has been scheduled at this time. In order to obtain a confirmation order, the Bankruptcy Court will have to find, among other things, that each class of impaired claims or equity interests has either accepted the Plan or the Plan meets the requirements of the Bankruptcy Code to confirm the Plan over the dissenting classes. In addition, the Bankruptcy Court must find that the Plan meets certain other requirements specified in the Bankruptcy Code. Confirmation of the Plan would resolve, among other things, the Debtors' pre-petition obligations, determine the revised capital structure of the newly reorganized Debtors and provide for their corporate governance following emergence from bankruptcy. There can be no assurance that the Bankruptcy Court will find that the Plan satisfies all requirements necessary for confirmation by the Bankruptcy Court. There also can be no assurance that modifications to the Plan will not be required for confirmation or that such modifications would not necessitate the resolicitation of votes of holders of claims and equity interests. In addition, if the Plan is rejected by certain classes of claims or equity interests, the Bankruptcy Court may determine not to confirm it. The Debtors believe that there is substantial opposition from many of the Debtors' constituents to the terms of the Plan as filed on February 25, 2004. The Debtors are in the process of amending the Plan to
6
ADELPHIA COMMUNICATIONS CORPORATION, et. al.
(DEBTORS-IN-POSSESSION)
NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
(Dollars in thousands)
address the opposition of certain constituents. While the Plan proposes, among other things, the reorganization of the Debtors and claims against them, it does not address the reorganization of CMLCV.
On April 22, 2004, Adelphia announced that it intended to pursue a sale of the Company while simultaneously continuing to prepare to emerge as a stand-alone company pursuant to the Plan. Adelphia intends to pursue the dual track process to determine which alternative is in the best interest of the Debtors' constituents. The Bankruptcy Court approved the Company's engagement of UBS Investment Bank and Allen & Company LLC as financial advisors on September 14, 2004 and Sullivan & Cromwell LLP as legal advisors on July 21, 2004 in connection with a possible sale of the Company. On September 21, 2004, the Company announced that it has formally launched the sales process. As part of that process, the Company is allowing interested parties to bid on any or all of seven strategic clusters of cable systems. On October 22, 2004, the Bankruptcy Court approved the bidding procedures and related bidding protections in connection with the potential sale of substantially all the assets of or the equity in the Company (the "Bid Procedures Order"). Based on these non-binding indications of interest, on November 1, 2004, Adelphia invited qualified bidders to submit final, legally binding bids in accordance with the Bid Procedures Order. The Company has established a date in January 2005 as the deadline for the submission of final, legally-binding offers; however, the Company has reserved the right to change the deadline if such a change is deemed to be warranted.
In order to motivate existing employees and stave off attrition that likely would result from a dual track emergence strategy, the Debtors adopted certain key employee compensation and retention programs, which were approved by the Bankruptcy Court on September 21, 2004 (the "KERP Programs"). The KERP Programs include (1) an amended performance retention plan; (2) an amended severance plan; (3) amended forms of employment agreements for senior managers; and (4) a key employee continuity program. The key employee continuity program consists of the Adelphia Communications Corporation Key Employee Continuity Program (as amended, the "Stay Plan") and the Adelphia Communications Corporation Sale Bonus Program (as amended, the "Sale Plan"). The Stay Plan provides for the payment of cash bonuses to certain eligible employees of the Debtors if such employees continue their employment with the Debtors or their successors for a period of at least nine months from the date the award is granted. The Sale Plan provides for the payment of cash bonuses to certain eligible employees of the Debtors if such employees continue their employment with the Debtors or their successors until, and for the six month period following, a "change in control" (as defined in the Sale Plan).
Bankruptcy Costs and Fees
In connection with the effectiveness of a plan or plans of reorganization, the Company will incur certain costs and fees (in addition to any costs or fees associated with the proposed exit financing facilities). Certain of these costs and fees will be due once the plan of reorganization is approved by the Bankruptcy Court and include cure costs and success fees. The Company is currently aware of certain success fees that potentially could be paid to representatives of the Company and the Committees upon the Company's emergence from bankruptcy. Currently, these success fees are estimated to be between $21,500 to $34,950. As no plan or plans of reorganization have been confirmed by the Bankruptcy Court, no accrual for such amounts has been recorded in the accompanying unaudited consolidated financial statements.
Basis of Presentation
Until a plan or plans of reorganization is confirmed by the Bankruptcy Court, the unaudited consolidated financial statements of the Company have been prepared using guidance prescribed by the American Institute of Certified Public Accountants' ("AICPA") Statement of Position 90-7 "Financial Reporting by Entities in Reorganization Under the Bankruptcy Code" ("SOP 90-7") and generally accepted accounting principles in the United States of America ("GAAP"). These unaudited consolidated financial statements are not intended to present fairly the financial position of the Company as of November 30, 2004, or the results of its operations or its cash flows for the one and twenty-nine month periods ended November 30, 2004 in conformity with GAAP because the accompanying unaudited consolidated financial statements exclude the financial position, results of operations and cash flows of the Non-Filing Entities and CMLCV. Furthermore, the accompanying unaudited consolidated financial statements do not include all of the information and footnote disclosures required by GAAP for complete financial statements.
7
ADELPHIA COMMUNICATIONS CORPORATION, et. al.
(DEBTORS-IN-POSSESSION)
NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
(Dollars in thousands)
The accompanying unaudited consolidated financial statements of the Company have been prepared on a going concern basis, which assumes the realization of assets and the payment of liabilities in the ordinary course of business, and do not reflect any adjustments that might result if the Company is unable to continue as a going concern. As a result of the reorganization proceedings under Chapter 11 of the Bankruptcy Code, the Company may take, or may be required to take, actions which may cause assets to be realized, or liabilities to be liquidated, for amounts other than those reflected in the accompanying unaudited consolidated financial statements. SOP 90-7 requires that pre-petition liabilities that are subject to compromise be segregated in the unaudited consolidated balance sheet as liabilities subject to compromise and that revenue, expenses, realized gains and losses, and provisions for losses resulting directly from the reorganization due to the bankruptcy be reported separately as reorganization expenses in the unaudited consolidated statements of operations. See Note 5 to these unaudited consolidated financial statements for further discussion.
As a result of the Company's recurring losses, the Chapter 11 filing and circumstances relating to these events (including the Company's debt structure), actions taken by Rigas management and current economic conditions, realization of assets and liquidation of liabilities are subject to significant uncertainty. In order to provide liquidity through June 2004, the Company entered into an Amended and Restated Credit and Guaranty Agreement dated as of August 26, 2002, as amended, with a group of lenders led by JP Morgan Securities Inc. and Citigroup Global Markets Inc., as Co-Lead Arrangers (the "DIP Lenders"), for a Debtor-in-Possession Credit Facility (the "DIP Facility"). On May 6, 2004, the Bankruptcy Court entered an order authorizing and approving a form of Second Amended and Restated Credit and Guaranty Agreement (the "Extended DIP Facility") and a related commitment letter and fee letter, each dated April 16, 2004, and the payment of related fees and expenses. On May 10, 2004, the Company closed on the Extended DIP Facility, which replaced and superceded the DIP Facility. Certain terms of the Extended DIP Facility are more fully described in Note 2 below. The Company believes that cash flows from operations, along with the financing provided through the Extended DIP Facility, should allow the Company to continue as a going concern; however, there can be no assurance of this. The Company's ability to continue as a going concern is also dependent upon its ability to maintain compliance with covenants under the Extended DIP Facility and the ability to generate sufficient cash flow from operations and financing sources to meet its obligations as they become due.
In the event a Chapter 11 plan or plans of reorganization is confirmed by the Bankruptcy Court and becomes effective, continuation of the Company's business thereafter will be dependent on the Company's ability to achieve positive operating results and maintain satisfactory capital and liquidity. Until a plan or plans of reorganization is confirmed by the Bankruptcy Court and becomes effective, there can be no assurance that the Company will emerge from these bankruptcy proceedings. Furthermore, the effect on the Company's business from the terms and conditions of such a plan or plans of reorganization cannot be determined at this time and, therefore, also raises substantial doubt regarding the Company's ability to continue as a going concern.
The accompanying unaudited consolidated financial statements have been derived from the books and records of the Company. However, certain financial information has not been subject to procedures that would typically be applied to financial information presented in accordance with GAAP. Upon the application of such procedures (e.g., tests for asset impairment), the Company believes that the financial information of the Debtors will change, and these changes will be material. The Company's intangible assets primarily consist of purchased franchises and goodwill that resulted from the allocation of the purchase price of previously acquired cable systems. In accordance with Statement of Financial Accounting Standards ("SFAS") No. 142, "Goodwill and Other Intangible Assets", the Company discontinued amortizing its purchased franchise and goodwill intangibles as of January 1, 2002. SFAS No. 142 requires annual testing for impairment of goodwill and indefinite-lived intangible assets (e.g., purchased franchise intangibles), or more frequently as warranted by events or changes in circumstances. At this time, the Company has not completed its impairment test of its purchased franchise and goodwill intangible assets. Any adjustment as a result of an analysis performed in accordance with SFAS No. 142, may have a material impact on the Company's financial statements. Additionally, the Company has not completed its adoption of SFAS No. 144, "Accounting for the Impairment or Disposal of Long-Lived Assets", which addresses the financial accounting and reporting for the impairment of long-lived assets and long-lived assets to be disposed of. Once the Company has completed its adoption of SFAS No. 144, an
8
ADELPHIA COMMUNICATIONS CORPORATION, et. al.
(DEBTORS-IN-POSSESSION)
NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
(Dollars in thousands)
adjustment to the financial statements may be required and this adjustment may be material to the financial statements. Furthermore, the Company disclosed in its Current Report on Form 8-K, dated June 10, 2002, that it believes that certain financial information reported by Rigas management was unreliable. As such, the books and records of the Company from which the accompanying unaudited consolidated financial statements of the Debtors are derived may not accurately reflect the financial condition, results of operations and cash flows of the Debtors.
The Company is reviewing its books and records and other information on an on-going basis to determine whether the accompanying unaudited consolidated financial statements of the Debtors should be supplemented or otherwise amended. The Company reserves the right to file, at any time, such supplements or amendments to these accompanying unaudited consolidated financial statements. The accompanying unaudited consolidated financial statements should not be considered an admission regarding any of the Debtors' income, expenditures or general financial condition, but rather, a current compilation of the Debtors' books and records. The Company does not make, and specifically disclaims, any representation or warranty as to the completeness or accuracy of the information set forth herein.
All significant intercompany accounts have been presented gross for purposes of these unaudited consolidated financial statements and accordingly, have not been eliminated in consolidation. GAAP would require that these intercompany balances be eliminated in consolidation. See Note 8 to these unaudited consolidated financial statements for further discussion.
As previously stated, certain footnote disclosures normally included in unaudited consolidated financial statements prepared in accordance with GAAP have been condensed or omitted. In the opinion of management, all disclosures considered necessary for an informative presentation have been included herein. As further discussed inDismissal of Former Independent Public Accountants/New Management below, PricewaterhouseCoopers, LLP ("PwC"), the Company's independent auditors, has not completed its audit as of and for the years ended December 31, 2003, 2002 and 2001.
The Company had previously announced and disclosed in its periodic filings with the SEC that it intended to prepare restated consolidated financial statements for the years ended December 31, 2000 and 1999 and to have these restated financial statements audited by PwC. However, the Company cannot locate appropriate supporting documentation with respect to certain amounts or account balances reflected in the Company's consolidated balance sheets for the years ended December 31, 2000 and 1999. Therefore, the Company has written-off these unsupported amounts or balances to the consolidated statements of operations for the years ended December 31, 2000 and 1999. The Company has determined that it is unable to present restated consolidated financial statements with respect to the years ended December 31, 2000 and 1999 because the Company cannot conclude that the restated consolidated financial statements would present, in all material respects, the Company's financial position as of December 31, 1999 and its results of operations and cash flows for the years ended December 31, 2000 and 1999, in each case in accordance with GAAP, consistently applied. Therefore, the Company's consolidated financial statements will not contain data with respect to the years ended December 31, 2000 and 1999.
Dispositions
As more fully described in Note 17, in April 2004, the Company transferred the economic risks and benefits of certain assets which provide competitive local exchange carrier ("CLEC") telecommunication services. Accordingly, the Company presented such CLEC assets as discontinued operations in April 2004.
In November 2004, the Company entered into an agreement to sell its security business for approximately $38,000. This agreement is subject to Bankruptcy Court approval and normal closing conditions. Pursuant to the bidding procedures order filed with the Bankruptcy Court on November 22, 2004, qualified bidders will have the opportunity to submit higher or otherwise better offers, with an initial bid increment of $1,900, and, if there is an auction, in subsequent increments of $200. The transaction is expected to close in first quarter 2005.
9
ADELPHIA COMMUNICATIONS CORPORATION, et. al.
(DEBTORS-IN-POSSESSION)
NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
(Dollars in thousands)
Change in Useful Life
In March 2004, effective January 1, 2004, the Company changed the useful life used to calculate the depreciation of converter boxes from five years to four years due to the introduction of advanced set-top boxes which provide high definition and digital video recording capabilities.
Reclassification
Certain amounts for the twenty-nine months ended November 30, 2004 have been reclassified to conform with the November 30, 2004 monthly presentation.
In accordance with SFAS No. 150, "Accounting for Certain Financial Instruments with Characteristics of both Liabilities and Equity," the Company has reclassified "Cumulative redeemable exchangeable preferred stock" as a liability in the accompanying unaudited consolidated balance sheet.
Dismissal of Former Independent Public Accountants/New Management
As disclosed in its Current Report on Form 8-K filed on June 14, 2002, as amended, the Company, on June 9, 2002, dismissed Deloitte & Touche LLP ("Deloitte"), its former independent public accountants. As a result of actions taken by management of the Company during the time that members of the Rigas Family held all of the senior management positions ("Rigas Management"), the Company has not yet completed its financial statements as of and for the years ended December 31, 2003, 2002 and 2001 or received its independent auditor's report thereon. In addition, the Company has not filed with the Securities and Exchange Commission ("SEC") its Annual Reports on Form 10-K as of and for the years ended December 31, 2003, 2002 and 2001. Furthermore, the Company has not timely filed its Quarterly Reports on Form 10-Q for the quarters ended September 30, 2004, June 30, 2004, March 31, 2004, September 30, 2003, June 30, 2003, March 31, 2003, September 30, 2002, June 30, 2002 and March 31, 2002. As of the date Deloitte was dismissed as the Company's independent accountants, Deloitte had not completed its audit or issued its independent auditors' report with respect to the Company's financial statements as of and for the year ended December 31, 2001. In addition, Deloitte withdrew the audit reports it had issued with respect to the financial statements of the Company and its subsidiaries. The Company is performing a review of its historical books and records, accounting policies and practices and financial statements to determine whether its books and records and financial statements need to be adjusted in light of the actions taken by management of the Company during the time that the Rigas Family held director and officer positions at the Company. Adelphia's current management is actively engaged in preparing financial statements for 2003, 2002 and 2001. In addition, PwC is preparing the audits for the years ended December 31, 2003, 2002 and 2001. See Note 3 to these unaudited consolidated financial statements for further information. As previously stated, the Company no longer intends to present its restated consolidated financial statements for the years ended December 31, 2000 and 1999.
On November 6, 2002, the Company filed a lawsuit against Deloitte charging them with, among other matters, professional negligence, breach of contract, fraud and wrongful conduct. The Company is seeking compensation for all injury from Deloitte's conduct, as well as punitive damages. Deloitte filed preliminary objections to the complaint. On June 11, 2003, the Bankruptcy Court denied Deloitte's preliminary objections in their entirety. On September 15, 2003, Deloitte filed an answer and counterclaims with respect to the Company's complaint and also asserted claims against the Rigas Family. On January 9, 2004, the Company filed an answer to Deloitte's counterclaims. Discovery in the action has commenced.
Effective March 18, 2003, the Company appointed William Schleyer to serve as its new Chief Executive Officer and Ronald Cooper to serve as its new President and Chief Operating Officer. The new Chief Executive Officer replaced the interim Chief Executive Officer, who, along with other new members of management, took control of the Company in May 2002. On March 7, 2003 the Bankruptcy Court entered an order approving the employment of Messrs. Schleyer and Cooper. Mr. Schleyer's employment agreement provides that he will be permitted to use the Company's aircraft in accordance with the corporate aircraft policy approved by the Board of Directors, and prohibits personal use of the aircraft. In October 2003, the Board of Directors approved an aircraft policy that provides, among other things, that
10
ADELPHIA COMMUNICATIONS CORPORATION, et. al.
(DEBTORS-IN-POSSESSION)
NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
(Dollars in thousands)
reimbursed commuting under a timeshare arrangement does not constitute personal use of the aircraft if significant advantages to the Company in terms of time, money, security or productivity may be realized.
2. Debt and Other Obligations
Due to the commencement of the Chapter 11 filings and the Company's failure to comply with certain financial covenants, the Company is in default on substantially all of its pre-petition debt obligations. Except as otherwise may be determined by the Bankruptcy Court, the stay protection afforded by the Chapter 11 filings prevents any action from being taken with regard to any of the defaults under the pre-petition debt obligations. All of the pre-petition obligations are classified as liabilities subject to compromise in the accompanying consolidated balance sheet as of November 30, 2004. See Note 4 to these unaudited consolidated financial statements for further information.
Extended DIP Facility
In connection with the Chapter 11 filings, the Company entered into the $1,500,000 DIP Facility. On May 6, 2004, the Bankruptcy Court entered an order approving the $1,000,000 Extended DIP Facility and on May 10, 2004, the Company closed on the Extended DIP Facility. The Extended DIP Facility superceded and replaced in its entirety the DIP Facility. The Extended DIP Facility matures on the earlier of March 31, 2005 or upon the occurrence of certain other events, including, with respect to each designated subsidiary borrowing group, the effective date of a reorganization plan of the loan parties in such designated subsidiary borrowing group that is confirmed pursuant to an order of the Bankruptcy Court. Upon the closing of the Extended DIP Facility, the Company borrowed an aggregate of approximately $390,750 thereunder and used all such proceeds to repay all of the then outstanding principal, accrued interest and certain related fees and expenses under the DIP Facility. The proceeds from borrowings under the Extended DIP Facility can be used for general corporate purposes and investments, as defined in the Extended DIP Facility. The Extended DIP Facility is secured with a first priority lien on all of Adelphia's unencumbered assets, a priming first priority lien on all its assets securing its pre-petition bank debt and a junior lien on all other assets subject to valid pre-existing liens. The Extended DIP Facility consists of an $800,000 revolving credit facility (the "Tranche A Loan") and a $200,000 loan (the "Tranche B Loan"). Loans under the Extended DIP Facility bear interest at the Alternate Base Rate (greatest of the Prime Rate, the Base CD Rate plus 1% or the Federal Funds Effective Rate plus .5%) plus 1.5% or the Adjusted LIBOR Rate, as defined in the Extended DIP Facility, plus 2.5%.
The Extended DIP Facility contains certain restrictive covenants, which include limitations on the ability of the loan parties to (i) incur additional guarantees, liens and indebtedness, (ii) sell or otherwise dispose of certain assets and (iii) pay dividends or make other distributions, loans or payments with respect to any shares of capital stock, subject to certain exceptions set forth in the Extended DIP Facility. The Extended DIP Facility also requires compliance with certain financial covenants with respect to operating results and capital expenditures. These financial covenants became effective for periods beginning May 1, 2003.
On December 23, 2004, Amendment No. 3 and Waiver ("Amendment No. 3") to the Extended DIP Facility became effective. Under the terms of Amendment No. 3, (x) the date by which the Company is required to deliver to the DIP Lenders its consolidated audited balance sheet and related consolidated audited statement of income and cash flows for the fiscal years ended December 31, 2002 and December 31, 2003 has been extended from December 31, 2004 until no later than January 31, 2005 and (y) the date by which each of the designated subsidiary borrowing groups under the Extended DIP Facility is required to deliver to the DIP Lenders a consolidating schedule containing balance sheets and related statements of income and cash flows for such designated subsidiary borrower group for the fiscal years ended December 31, 2002 and December 31, 2003 has been extended from February 28, 2005 until no later than March 31, 2005. In addition, under the terms of Amendment No. 3, the dollar amount of asset dispositions that the loan parties under the Extended DIP Facility are permitted to complete without the consent of the DIP Lenders has been increased from $30,000 to up to $50,000. Under the terms of Amendment No. 3, the DIP Lenders have also agreed to waive compliance by the loan parties with a provision of the Extended DIP Facility that would otherwise prohibit the loan parties from making a Pre-Petition Payment (as defined in
11
ADELPHIA COMMUNICATIONS CORPORATION, et. al.
(DEBTORS-IN-POSSESSION)
NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
(Dollars in thousands)
the Extended DIP Facility) to a particular vendor; this waiver will allow the loan parties to make a Pre-Petition Payment to such vendor in an amount up to $150.
On June 29, 2004 and July 30, 2004, certain loan parties made mandatory prepayments of principal on the Extended DIP Facility in connection with the consummation of certain asset sales. As a result, the total commitment for the entire Extended DIP Facility was reduced to $996,425, with the total commitment of the Tranche A Loan being reduced to $796,822 and the total commitment of the Tranche B Loan being reduced to $199,603. As of November 30, 2004, $425,572 under the Tranche A Loan has been drawn and letters of credit totaling $116,387 have been issued under the Tranche A Loan, leaving availability of $254,863 under the Tranche A Loan. Furthermore, as of November 30, 2004, $199,603 under the Tranche B Loan has been drawn.
The foregoing summary of certain material terms and conditions of the Extended DIP Facility do not represent a complete summary of all of the material terms and conditions of the Extended DIP Facility and is qualified in its entirety by reference to the Extended DIP Facility and Amendment No. 1, Amendment No. 2 and Amendment No. 3 thereto, copies of which are attached as exhibits to the Company's Current Reports on Form 8-K filed with the SEC on May 12, 2004, July 27, 2004, September 27, 2004 and December 23, 2004, respectively.
Co-Borrowing Credit Facilities
As disclosed in the Company's Current Report on Form 8-K filed on May 24, 2002, various subsidiaries of the Company entered into co-borrowing credit facilities with certain entities owned by the Rigas Family. Historically, the Company's financial statements reported borrowings attributable only to the Company under such co-borrowing credit facilities and provided footnote disclosure as to the total amount of borrowings permitted under such facilities without disclosing the amount of borrowings attributable to entities owned by the Rigas Family. As a result, the entire amount of indebtedness for which the Company's affiliates could be liable under the co-borrowing credit facilities was not reflected as indebtedness on the Company's historical financial statements.
As discussed in Note 1, at this time, PwC has not completed its audits of the Company's financial statements as of and for the years ended December 31, 2003, 2002 and 2001. As disclosed in its Current Reports on Form 8-K filed on May 24, 2002 and June 10, 2002, after initial discussions with the SEC in early May 2002, the Company announced on May 24, 2002 that it had tentatively concluded that it would increase the Company's indebtedness to reflect the full amount of borrowings by entities owned by the Rigas Family for which subsidiaries of the Company are jointly and severally liable. Accordingly, the accompanying unaudited consolidated financial statements reflect an increase of $2,846,156 of such indebtedness of parent and subsidiary debt in liabilities subject to compromise with a corresponding receivable from such Rigas Entities reflected as a reduction in stockholders' equity. Since consultations are continuing with the SEC and PwC, and PwC has not yet completed its audit of the Company's financial statements, the accounting treatment for the increase in parent and subsidiary debt and the reduction in stockholders' equity for the corresponding receivable reflected in the accompanying unaudited financial statements has yet to be finalized. The final accounting treatment may result in a materially different treatment from that presented herein.
On July 6, 2003, the Creditors' Committee filed an adversary proceeding against the Debtors' Pre-Petition Agents and Pre-Petition Secured Lenders (collectively, the "Defendants") on behalf of the Debtors and their estates seeking, among other things, to: (i) recover as fraudulent transfers the principal and interest paid by the Debtors to the Defendants; (ii) avoid as a fraudulent transfer the Debtors' obligation, if any, to repay the Defendants; (iii) recover damages for breaches of fiduciary duties to the Debtors and for aiding and abetting fraud and breaches of fiduciary duties by the Rigas Family; (iv) equitably disallow, subordinate or re-characterize each of the Defendants' claims in the Debtors' bankruptcy proceedings; (v) avoid and recover certain preferential transfers made to certain of the Defendants; and (vi) recover damages for violations of the Bank Holding Company Act. On July 29, 2003, the Bankruptcy Court entered a Stipulation and Order Regarding (a) the Creditors' Committee's Motion for Leave to Prosecute Claims and
12
ADELPHIA COMMUNICATIONS CORPORATION, et. al.
(DEBTORS-IN-POSSESSION)
NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
(Dollars in thousands)
Causes of Action Against the Defendants, (b) the Equity Committee's Motion to Intervene in the Adversary Proceeding and (c) the Pre-Petition Agents' Responses in Opposition to the Motion of the Creditors' Committee and the Equity Committee and Alternative Motions to Dismiss the Creditors' Committee's Complaint. On July 31, 2003, the Equity Committee filed a motion seeking authority to file additional claims against the Pre-Petition Lenders. By decision and order of the Bankruptcy Court, on August 5, 2003, the Bankruptcy Court determined that the Creditors' Committee had met the applicable legal standards to assert claims on behalf of the Debtors. On or about October 3, 2003, certain of the Defendants filed objections to the Creditors' Committee's motion seeking standing to pursue the adversary proceeding filed against the Defendants. On or about January 13, 2004, the Creditors' Committee filed its memorandum of law in opposition to objections to standing and Motions to Dismiss. On or about June 4, 2004, the Pre-Petition Agents filed oppositions to the Equity Committee's Motion to Intervene. A hearing has been scheduled for December 20, 2004 to hear issues, among others, the Motions to Dismiss.
In late March and early April 2004, each of the Debtors' Pre-Petition Agents filed adversary proceedings against the Debtors, seeking, among other things, a judicial determination of certain of their rights pursuant to their respective credit agreements. The Debtors have not responded yet to any of these actions.
13
ADELPHIA COMMUNICATIONS CORPORATION, et. al.
(DEBTORS-IN-POSSESSION)
NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
(Dollars in thousands)
Parent and Subsidiary Debt
The following information is an update of certain disclosures relating to the book value of the Company's debt, as reflected on its books and records, included in Note 4 to Adelphia's consolidated financial statements contained in the Annual Report on Form 10-K as of and for the year ended December 31, 2000. The book value of such indebtedness does not necessarily reflect the amount of the claim of the holders' of such indebtedness in the Company's bankruptcy proceeding.
| November 30, 2004 | |||
---|---|---|---|---|
Parent Debt: | ||||
91/4% Senior Notes due 2002 | $ | 325,000 | ||
81/8% Senior Notes due 2003 | 149,817 | |||
101/2% Senior Notes due 2004 | 150,000 | |||
71/2% Senior Notes due 2004 | 100,000 | |||
101/4% Senior Notes due 2006 | 487,698 | |||
97/8% Senior Notes due 2007 | 348,417 | |||
83/8% Senior Notes due 2008 | 299,438 | |||
73/4% Senior Notes due 2009 | 300,000 | |||
77/8% Senior Notes due 2009 | 350,000 | |||
93/8% Senior Notes due 2009 | 497,048 | |||
107/8% Senior Notes due 2010 | 745,316 | |||
101/4% Senior Notes due 2011 | 1,000,000 | |||
6% Convertible Subordinated Notes due 2006 | 1,024,924 | |||
31/4% Convertible Subordinated Notes due 2021 | 978,253 | |||
97/8% Senior Debentures due 2005 | 129,286 | |||
91/2% Pay-In-Kind Notes due 2004 | 31,847 | |||
Total parent debt | $ | 6,917,044 | ||
Subsidiary Debt: | ||||
Notes to banks | $ | 3,970,532 | ||
Extended DIP Facility | 625,176 | |||
105/8% Senior Notes of Olympus due 2006 | 202,243 | |||
11% Senior Subordinated Notes of FrontierVision Due 2006 | 207,953 | |||
117/8% Senior Discount Notes Series A of FrontierVision due 2007 | 244,639 | |||
117/8% Senior Discount Notes Series B of FrontierVision due 2007 | 89,953 | |||
Zero Coupon Senior Discount Notes of Arahova due 2003 | 412,601 | |||
91/2% Senior Notes of Arahova due 2005 | 250,590 | |||
87/8% Senior Notes of Arahova due 2007 | 245,371 | |||
83/4% Senior Notes of Arahova due 2007 | 219,168 | |||
83/8% Senior Notes of Arahova due 2007 | 96,046 | |||
83/8% Senior Notes of Arahova due 2017 | 94,924 | |||
Senior Discount Notes of Arahova due 2008 | 348,086 | |||
Other subsidiary debt and capital leases | 171,468 | |||
Total subsidiary debt | $ | 7,178,750 | ||
Total parent and subsidiary debt, exclusive of co-borrowing credit facilities | 14,095,794 | |||
Debt under co-borrowing credit facilities attributable to Rigas Entities | 2,846,156 | |||
$ | 16,941,950 | |||
14
ADELPHIA COMMUNICATIONS CORPORATION, et. al.
(DEBTORS-IN-POSSESSION)
NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
(Dollars in thousands)
In connection with the Company's ongoing review of its books and records and other information, an adjustment was made for liabilities subject to compromise regarding classification of leases. For purposes of this report only, leases which are being paid on a current basis, have not been treated as liabilities subject to compromise.
Total parent and subsidiary debt, exclusive of debt under co-borrowing credit facilities attributable to Rigas Entities, of $14,095,794 consists of liabilities subject to compromise of $13,421,601, bank financing under the Extended DIP Facility of $625,176 and capital leases of $49,017.
Weighted average interest rate payable by subsidiaries under credit agreements with banks | 5.70 | % |
On December 29, 2003, certain holders of prepetition convertible subordinated debt issued by Adelphia Communications Corporation ("ACC") and the Bank of New York, as trustee with respect to such debt, filed a lawsuit (the "X-Clause Litigation") against ACC seeking, among other things, a declaratory judgment stating that under the provisions of the applicable indentures, such holders are entitled to receive and retain their pro rata portion of payment on their claims to the extent that distributions are made to ACC's senior note holders in the form of Common Stock under any plan proposed in the chapter 11 cases. By order dated April 13, 2004, the Bankruptcy Court dismissed the X-Clause Litigation, without prejudice, because the issue presented was not ripe for decision.
Interest Expense
Interest expense totaled $40,564 and $977,220 for the one and twenty-nine month periods ended November 30, 2004, respectively, of which $14,440 and $383,277 is attributable to the Rigas Entities under co-borrowing credit facilities. In accordance with SOP 90-7, interest expense is reported only to the extent that it will be paid during Chapter 11 proceedings or will be allowed on a secured or unsecured claim. Had the Company not filed voluntary petitions under Chapter 11 of the Bankruptcy Code, the amount of interest expense that would have been reported in the unaudited consolidated statement of operations, for the one and twenty-nine month periods ended November 30, 2004 is $102,186 and $2,768,648, respectively.
Other
In July 2003 and again in January 2004, the Rigas Family sought approval from the Bankruptcy Court to use cash from the Rigas Entities to fund the Rigas Family members' civil and criminal defense costs. The Rigas Family claimed they were entitled to this funding based on certain purported indemnity and other rights they claimed they had as officers, directors, and controlling shareholders of the Rigas Entities. In an order dated August 7, 2003, the Bankruptcy Court granted the Rigas Family members' request to the extent of $15,000. In a decision rendered from the bench on February 18, 2004 and entered as an order on March 9, 2004, the Bankruptcy Court amended that order to allow an additional $12,800 to be spent on criminal defense costs and denied the Rigas Family members' request for additional funding for civil defense cost.
Adelphia and the Creditors' Committee appealed the February 18, 2004 ruling and moved for a stay pending the appeal of the Bankruptcy's Court's March 9, 2004 order. A hearing on the motion for a stay pending appeal was held on March 17, 2004 in the District Court. On March 22, 2004 the District Court denied Adelphia's motion for a stay pending appeal of the Bankruptcy Court's March 9, 2004 order. On September 14, 2004, the Rigas Family members again moved to amend the August 7, 2003 and March 9, 2004 orders, seeking approximately $11,000 of additional cash from the Rigas Entities to fund civil and criminal defense costs. While that motion was pending, the District Court issued a decision on September 27, 2004, vacating the Bankruptcy Court's March 9, 2004 Order and remanding the matter back to the Bankruptcy Court for further consideration.
On November 8, 2004, a hearing regarding evidentiary issues relating to the Rigas Family members' latest motion at which time the court granted Adelphia's motion to exclude certain evidence. Another evidentiary hearing was held on November 22, 2004 concerning the ability of the Rigases to obtain
15
ADELPHIA COMMUNICATIONS CORPORATION, et. al.
(DEBTORS-IN-POSSESSION)
NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
(Dollars in thousands)
additional funding of attorneys fees both pursuant to the request which was granted but vacated by the District Court and the latest request for an additional $11,000. The Bankruptcy Court has not yet ruled on the Rigas Family members' motions. As of November 30, 2004, the Rigas Entities had advanced $27,800 to the Rigas Family for defense costs.
3. Correction in Accounting Policies and Practices / Provision for Accounting Changes
Effective January 1, 2003, the Company, as part of its ongoing review of its historical books and records and its financial statements, corrected certain of its erroneous accounting policies and practices for Property, Plant and Equipment ("PP&E") relating to the capitalization of labor, labor-related costs, certain overhead costs, and certain materials (collectively, "Capitalized Costs") used in the maintenance of its cable systems. The erroneous capitalization of costs that were corrected included, among other things, Capitalized Costs for service calls and normal, ongoing maintenance to cable systems. Some of the items that had been capitalized included system electrical power, converter repairs, equipment repairs and maintenance contracts. The Company believes that the corrections were necessary in order to be in compliance with GAAP. At the time the Company filed its current report on Form 8-K dated February 25, 2003, the Company was still evaluating Capitalized Costs related to installation activities and internal construction (collectively, "Capitalized Installation and Construction Activities"). In April 2003, the Company corrected its erroneous accounting policies and practices related to Capitalized Installation and Construction Activities and recorded an adjustment of approximately $15,000 in the April 2003 accounting month to correct for these errors for the months of January through March 2003. These errors included the incorrect capitalization of reconnect and disconnect activities, which are prohibited by GAAP, as well as the improper capitalization or overcapitalization of certain overhead costs. This adjustment had the effect of increasing expenses and reducing capital expenditures in April 2003.
The Company has not restated previously filed Adelphia Monthly Operating Reports and has not completed its review and analysis of its new accounting policies and practices for PP&E relating to Capitalized Costs, including Capitalized Installation and Construction Activities, on the financial statements for the years ended December 31, 2003, 2002 and 2001. However, the Company has recorded total adjustments of $144,000 in 2002 for estimated corrections in accounting polices and practices, comprised of (i) a May 2002 adjustment expensing approximately $21,000 for certain costs erroneously capitalized under Rigas Management accounting policies and practices, (ii) a December 2002 adjustment expensing approximately $21,000 for certain costs erroneously capitalized under Rigas Management accounting policies and practices, and (iii) an estimated provision for accounting changes of $51,000 in June 2002 and $8,500 per month from July 2002 through December 2002.
The Company estimates that the new accounting policies and practices relating to Capitalized Costs, including Capitalized Installation and Construction Activities, for PP&E will materially increase expenses and decrease capital expenditures as compared to the accounting policies and practices of the Company under Rigas Management. The impact of the new accounting policies and practices relating to Capitalized Costs, including Capitalized Installation and Construction Activities, for PP&E on the Company's results of operations will vary based upon levels of activities. Furthermore, the Company is currently unable to determine the impact on depreciation expense attributable to these corrections for any period since the adjustments to the historical costs of PP&E for 2003, 2002 and 2001 have not yet been finalized. The impact of these changes and any other further changes will likely be material.
Additionally, management has not completed its overall review of the Company's historical books and records, accounting policies and practices and financial statements, and accordingly, the Company may record additional adjustments for corrections in erroneous accounting policies and practices in addition to those adjustments already recorded for PP&E, and such adjustments may be material. PwC has not completed its audit of the Company's books for any period and their audit could result in further adjustments to the Company's results of operations and those adjustments could be material.
4. Liabilities Subject to Compromise
As discussed in Note 1 to the accompanying unaudited consolidated financial statements, the Company has been operating as a debtor-in-possession under Chapter 11 of the Bankruptcy Code since
16
ADELPHIA COMMUNICATIONS CORPORATION, et. al.
(DEBTORS-IN-POSSESSION)
NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
(Dollars in thousands)
June 25, 2002. The Company is authorized to operate its business in the ordinary course pursuant to Chapter 11 of the Bankruptcy Code.
Due to the commencement of the Chapter 11 cases and the Company's failure to comply with certain financial covenants, the Company is in default on substantially all of its pre-petition debt obligations. As a result of the Chapter 11 filing, all actions to collect the payment of pre-petition indebtedness are subject to compromise or other treatment under a plan or plans of reorganization. Generally, actions to enforce or otherwise effect payment of pre-Chapter 11 liabilities are stayed. However, as part of the first day orders and subsequent motions granted by the Bankruptcy Court, the Bankruptcy Court approved Adelphia's motions to pay certain pre-petition obligations including, but not limited to, employee wages, salaries, commissions, incentive compensation and other related benefits. The Company has been paying and intends to continue to pay undisputed post-petition claims in the ordinary course of business. In addition, the Company may assume or reject pre-petition executory contracts and unexpired leases with the approval of the Bankruptcy Court. Unless otherwise agreed to by the parties, the cost of curing any pre-petition executory contract or unexpired lease is borne by the Debtors. Any damages resulting from the rejection of executory contracts and unexpired leases are treated as general unsecured claims and will be classified as liabilities subject to compromise.
By order dated October 24, 2003 (the "Bar Date Order"), the Bankruptcy Court established a bar date for filing proofs of claim against the Debtors' estates of the later of January 9, 2004 at 5:00 P.M. (Eastern Time) or 30 days after the date upon which the Debtors amend their respective Schedules of Liabilities or the Bankruptcy Court enters a rejection order. A bar date is the date by which proofs of claims must be filed if a claimant disagrees with how such claimant's claim appears on the Debtor's Schedules of Liabilities. The Company provided notice to all known claimants of the bar date and their need to file a proof of claim with the Bankruptcy Court. The aggregate amount of claims filed exceeds $3.2 trillion, but excludes any estimated amounts for unliquidated claims. The Debtors believe that many of these claims are duplicative, based upon contingencies that have not occurred, or otherwise are overstated, and are therefore invalid. Differences between amounts recorded by the Debtors and claims filed by creditors are being investigated and resolved in connection with the Debtors' claims resolution process. That process has commenced and, in light of the number of claims asserted, will take significant time to complete. While the ultimate number and allowed amounts of such claims are not presently determinable, the Debtors have commenced the process of objecting to such invalid claims by filing their first omnibus objection to claims dated October 12, 2004 (the "Objection"). The Objection includes approximately 1,500 claims filed by 22 creditors totaling in excess of $4.5 billion. On November 30, 2004, the Court approved the Objection subject to the adjournment of certain claims to allow the parties to continue to reconcile such claims. On July 31, 2003, each Debtor filed with the Bankruptcy Court its Schedules of Liabilities and Statement of Financial Affairs. On or about October 8, 2003, each Debtor filed its First Amendment to its Schedules of Liabilities and Statement of Financial Affairs. On or about October 24, 2003, certain of the Debtors filed a Second Amendment to their respective Schedules of Liabilities. Between February 27 and March 1, 2004, each Debtor filed its Schedules of Assets and February 2004 Amendments to Schedules of Liabilities and Executory Contracts and February 2004 Amendments to the Statement of Financial Affairs. On April 23, 2004 one of the Debtors filed its April 2004 Amendments to its Schedules of Liabilities.
On December 3, 2003, the SEC filed a proof of claim in the Chapter 11 Cases against ACC for, among other things, unliquidated claims for penalties, disgorgement, and prejudgment interest arising from violations of the federal securities laws (the "SEC Claim"). On July 14, 2004, the Creditors' Committee initiated an adversary proceeding against the SEC alleging, among other things, that (i) pursuant to sections 510(b) and 726(a) of the Bankruptcy Code the SEC Claim should be subordinated to prevent the SEC from claiming a recovery for junior stockholders and subordinated noteholders prior to senior creditors being paid in full, and (ii) the court should grant declaratory relief that the SEC Claim applies only to ACC (as opposed to all of the Debtors) because, pursuant to the Bar Date Order, the failure to file separate proofs of claim against each of the Debtors bars the SEC from pursuing claims against any entity other than ACC. In response, on August 12, 2004, the SEC filed an Answer to the adversary proceeding initiated by the Creditors' Committee asserting, among other things, (i) it may recover against debtors affiliated with ACC that engaged in fraud, received the fruits of ACC's fraud, or otherwise commingled assets with ACC if the various estates are substantively consolidated (and if not, reserves the right to file an action to substantively consolidate the estates) and (ii) that the relief sought by the Creditors' Committee rests upon contingent
17
ADELPHIA COMMUNICATIONS CORPORATION, et. al.
(DEBTORS-IN-POSSESSION)
NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
(Dollars in thousands)
events that may not occur as anticipated by the Creditors' Committee and, therefore, are not ripe for judicial review. Presently, the parties are submitting legal briefs on the issue of whether the Creditors' Committee's suit is ripe for adjudication.
Liabilities subject to compromise consist of the following:
| November 30, 2004 | ||
---|---|---|---|
Parent and subsidiary debt | $ | 13,421,601 | |
Parent and subsidiary debt under co-borrowing credit facilities attributable to Rigas Family Entities | 2,846,156 | ||
Accounts payable | 881,598 | ||
Accrued and other liabilities | 508,145 | ||
Intercompany payables | 27,031,286 | ||
Related party payables | 1,244,048 | ||
Cumulative redeemable exchangeable preferred stock | 148,794 | ||
$ | 46,081,628 | ||
Liabilities subject to compromise have been reported in accordance with SOP 90-7. Such amounts may be subject to future adjustments depending on Bankruptcy Court actions, further developments with respect to disputed claims, determinations of the secured status of certain claims, the values of any collateral securing such claims, or other events. Such adjustments may be material to the amounts reported as liabilities subject to compromise.
Valuation methods used in Chapter 11 reorganization cases vary depending on the purpose for which they are prepared and used and are rarely based on GAAP, the basis of which the accompanying financial statements are prepared, unless otherwise noted. Accordingly, the values set forth in the accompanying unaudited consolidated financial statements are not likely to be indicative of the values presented to or used by the Bankruptcy Court.
5. Non-Recurring Professional Fees and Reorganization Expenses Due to Bankruptcy
The Company is incurring certain non-recurring professional fees that, although not directly related to the Chapter 11 filing, relate to the Company's reorganization and have been incurred in response to the actions taken by Rigas Management. These expenses include the re-audit, legal, special investigation and forensic consultant fees of the Company and the Special Committee of the Board of Directors and have been included in non-recurring professional fees in the accompanying unaudited consolidated statements of operations. Based on the Company's interpretation of SOP 90-7, only those fees directly related to the Chapter 11 filing should be expensed and included in reorganization expenses due to bankruptcy in the unaudited consolidated statements of operations. These expenses include legal, restructuring and financial consultant fees for the Company and for Committee representatives.
6. Accounts Payable, Accrued Expenses and Other Liabilities
To the Company's knowledge, all undisputed post-petition trade payables are current and all premiums for insurance policies, including all workers' compensation and disability insurance policies, required to be paid are fully paid as of November 30, 2004.
As stated in Note 1, the Company is reviewing its books and records and other information on an ongoing basis to determine whether the accompanying unaudited consolidated financial statements should be supplemented or otherwise amended. Management is currently performing a review to substantiate the completeness of all liabilities. Such review is ongoing and may result in additional adjustments to the accompanying unaudited consolidated financial statements.
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(DEBTORS-IN-POSSESSION)
NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
(Dollars in thousands)
7. Preferred Stock
In accordance with the accounting direction provided in SOP 90-7, the Company has discontinued accruing for its preferred stock dividends as of June 25, 2002, the filing date of the Chapter 11 cases. Had the Company not filed voluntary petitions under Chapter 11 of the Bankruptcy Code, preferred stock dividends would have been $5,750 and $166,750 for the respective one and twenty-nine month periods ended November 30, 2004.
On August 11, 2003, the Debtors initiated an adversary proceeding against the holders of various series of preferred stock of Adelphia (the "Preferred Stockholders"), seeking, among other things, to enjoin the Preferred Stockholders from exercising certain purported rights to elect directors to the Board of Directors due to Adelphia's failure to pay dividends and alleged breaches of debt-like covenants contained in the Certificates of Designations relating to the preferred stock. On August 13, 2003, certain of the Preferred Stockholders filed an action in the Delaware Chancery Court seeking a declaratory judgment of their purported right to appoint two directors to the Board of Directors (the "Delaware Action"). On August 13, 2003, the Bankruptcy Court granted the Debtors a temporary restraining order, which, among other things, stayed the Delaware Action and temporarily enjoined the Preferred Stockholders from exercising their purported rights to elect directors to the Board of Directors. Thereafter, the Delaware Action was withdrawn.
On October 29, 2004, Adelphia filed a motion with the Bankruptcy Court to postpone the conversion of Adelphia's 7.5% Series E Mandatory Convertible Preferred Stock into shares of Class A Common Stock from November 15, 2004 to February 1, 2005, to the extent such conversion was not already stayed by the Debtors' bankruptcy filing, in order to protect the Debtors' net operating loss carryovers. The motion was heard on November 10, 2004, and an order granting such postponement was entered by the Bankruptcy Court on November 18, 2004, effective as of November 14, 2004.
8. Intercompany Receivables and Payables
The accompanying unaudited consolidated financial statements include intercompany receivables and payables related to all of Adelphia's majority-owned subsidiaries and subsidiaries that are at least 50% owned and controlled by the Company. The intercompany receivables and payables are presented at the gross amount with the total receivables balance included in assets and the total intercompany payables balance included in liabilities in the accompanying unaudited consolidated balance sheet. Intercompany payables have been segregated between pre- and post- bankruptcy petition and none of the intercompany balances have been collateralized (other than certain post-bankruptcy petition intercompany receivables that are required to be collateralized under the terms of the Extended DIP Facility until such time as such intercompany receivables are paid). The intercompany balances do not net to zero as the Non-Filing Entities and CMLCV have not been included in the accompanying consolidated financial statements, as discussed in Note 1.
9. Related Party Receivables and Payables
Related party receivables and payables represent advances to and payables from certain related parties, including entities owned and/or controlled by the Rigas Family. Related party receivables and payables are presented at the gross amount with the total receivable balance included in assets and the payables included in the liabilities in the accompanying unaudited consolidated balance sheet. Related party payables have been segregated between pre-and post-bankruptcy petition, and none of the related party balances have been collateralized. Management is continuing to evaluate the proper classification and recoverability of related party receivables and may record reserves against such receivables in the future.
10. Cash and Cash Equivalents and Restricted Cash
The Company considers all highly liquid investments with a maturity date of three months or less to be cash equivalents.
As of November 30, 2004, the Company has restricted cash of $5,473 for the payment of franchise obligations, as required by an agreement with the Company's insurance provider. Also included
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(DEBTORS-IN-POSSESSION)
NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
(Dollars in thousands)
in restricted cash is $3,612 related to revenue received from customers which was placed in trust as a result of a dispute arising from the acquisition of certain cable systems from Verizon Media Ventures, Inc. The remainder of the restricted cash balance primarily consists of cash collateral supporting obligations under certain of the Company's franchise agreements and surety bonding obligations.
11. Subscriber Receivables
Subscriber receivables consist of monthly amounts due from the Company's customers and are reported net of allowance for doubtful accounts of $14,384.
12. Prepaid Expenses and Other Assets—Net
Included in other assets—net are unamortized deferred financing fees of $154,976 relating to pre-petition debt obligations. Such amounts are not currently being amortized. See Note 4 to these unaudited consolidated financial statements for further discussion. SOP 90-7 requires that in cases where the underlying debt becomes an allowed claim and the allowed claim differs from the net carrying amount of the debt, the amount of the debt will be adjusted for any unamortized deferred loan fees to equal the value of the allowed claim. Any gain or loss from such adjustments to the underlying debt as compared to the allowed claim will be reflected in the statement of operations.
13. Other-than-Temporary Impairment of Investments, Long-Lived Assets and Certain Other Assets
As discussed in Note 1, the Company is reviewing its books and records and other information on an ongoing basis to determine whether the accompanying unaudited consolidated financial statements should be supplemented or otherwise amended. Additionally, as discussed in Note 1, PwC has not completed its audit as of and for the years ended December 31, 2003, 2002 and 2001. The Company is performing an evaluation of impairment related to several investments and long-lived and certain other assets. This evaluation includes a review of the accounting treatment when the transaction originated and a review of the accounting subsequent to the date of origination, including periodic evaluations for impairment. These evaluations may result in adjustments to the unaudited consolidated financial results contained herein and financial statements as of and for the periods ended December 31, 2003, 2002 and 2001. The adjustments may be material to these periods.
Listed below are certain investments and other assets for which (with the exception of property, plant and equipment and intangible assets) the Company has recorded an asset impairment charge during the twenty-nine month period ended November 30, 2004. All adjustments to be made to prior periods as a result of the Company's restatement of prior year financial statements have not been reflected in the unaudited consolidated financial statements contained herein pending the completion of the audit as of and for the years ended December 31, 2003, 2002 and 2001.
The tables below present the impairment of long-lived and other assets and other than temporary impairment of investments and other assets that have been recorded by the Company since July 1, 2002.
| Twenty-nine Months Ended November 30, 2004 | ||
---|---|---|---|
Impairment of Long-Lived and Other Assets: | |||
Internal Operations, Call Center and Billing System | $ | 63,910 | |
Competitive Local Exchange Carriers | 8,224 | ||
$ | 72,134 | ||
Other-than-Temporary Impairment of Investments and Other Assets: | |||
Buffalo Sabres | 68,612 | ||
Interactive Digital TV Investments | 1,697 | ||
Praxis Capital Ventures, L.P. | 2,600 | ||
$ | 72,909 | ||
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(DEBTORS-IN-POSSESSION)
NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
(Dollars in thousands)
Internal Operations, Call Center and Billing System
From 1998 through mid-2002, the Company was developing an internal operations, call center and billing system known as "Convergence." After careful evaluation of the functionality and usability of Convergence, the Company decided not to pursue continued rollout and terminated additional funding for the system. In October 2002, the Company recognized an impairment charge related to the abandonment of the Convergence system in the amount of $63,910. Additional adjustments totaling $7,610 were recorded in October to reclassify payroll and other operating expenses improperly capitalized during 2002. The Company's remaining investment in this system of approximately $30,000 will be adjusted in connection with the restatement of its prior year financial statements.
Closure of the CLECs
In August 2002, the Company filed a motion with the Bankruptcy Court for approval to close operations in 14 markets that were served by the Company's CLECs. The CLECs provided local telephone service to certain geographic markets and competed with local telephone exchange carriers. The Company's Board of Directors approved the closure, and approval was granted by the Bankruptcy Court by order dated September 25, 2002. The Company expects that, in connection with the restatement of its financial statements for prior periods, the property, plant and equipment associated with these CLECs will be written down by approximately $100,000. The remaining net book value of the property, plant and equipment of approximately $20,000 was depreciated over its estimated remaining useful life beginning in November 2002 through April 2003. Furthermore, in November 2002, the Company recognized an additional impairment of $6,873 on certain of its CLEC assets and recorded a reserve on its CLEC trade accounts receivables of $1,351.
Buffalo Sabres
As disclosed in the Company's Current Report on Form 8-K filed on May 24, 2002, the Company had entered into various arrangements with Niagara Frontier Hockey, L.P. ("NFHLP"), a Delaware limited partnership owned by the Rigas Family. Among other assets, NFHLP owned the Buffalo Sabres, a National Hockey League team. The Company made approximately $165,000 of loans and advances, including accrued interest, to NFHLP and its subsidiaries. In November 2002, the Company recognized impairments of those loans and advances of $31,447. On January 13, 2003, NFHLP and certain of its subsidiaries (the "Niagara Debtors") filed voluntary petitions to reorganize under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the Western District of New York (the "NFHLP Bankruptcy Court").
On or about March 13, 2003, certain of the Niagara Debtors entered into an Asset Purchase Agreement with Hockey Western New York LLC for the sale of certain assets and assumption of certain liabilities of NFHLP. In March 2003, the Company recognized an additional impairment of $37,922 as a result of the then pending sale of certain assets, including the Buffalo Sabres, and assumption of certain liabilities of NFHLP. On April 23, 2003, the sale was completed. The Company did not recover any of its loans and advances in NFHLP from such sale. The March 2003 impairment charge, combined with the November 2002 charge, and with anticipated adjustments related to restatement of the Company's prior year financial statements, completely wrote off the Company's loans and advances in NFHLP and its subsidiaries. On or about August 14, 2003, the NFHLP Bankruptcy Court approved the Niagara Debtors' Disclosure Statement. On September 25, 2003, the NFHLP Bankruptcy Court approved the NFHLP joint plan of liquidation. The Niagara Debtors filed a complaint, dated November 4, 2003, against, among others, the Company and the Creditors' Committee seeking to enforce certain purported rights against the Company and the Creditors' Committee related to the waiver of the Company's claims. Certain of the Niagara Debtors' prepetition lenders have intervened and filed cross-claims against the Company and the Creditors' Committee. Proceedings as to the complaint itself have been suspended. With respect to the cross-complaint, motion practice and discovery is proceeding concurrently, but no hearing on dispositive motions has been scheduled.
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(DEBTORS-IN-POSSESSION)
NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
(Dollars in thousands)
Interactive Digital TV Investments
The Company has investments in interactive digital TV product ventures. In December 2002, the Company recognized a loss of $1,697 for declines in investment value deemed other than temporary.
Praxis Capital Ventures, L.P.
As disclosed in the Company's Current Report on Form 8-K filed on May 24, 2002 the Company entered into certain transactions with Praxis Capital Partners, LLC ("Praxis Capital"), a Delaware limited liability company and Praxis Capital Management, LLC, a Delaware limited liability company, through Praxis Capital Ventures, L.P. ("PCVLP"), a Delaware limited partnership in which ACC Operations, Inc. (a wholly-owned Company subsidiary) is a 99.5% Limited Partner. Formed in June 2001, PCVLP focused on private equity investments in the telecommunications market. At June 30, 2002, the net book value of the Company's portion of these investments was approximately $1,247. In addition, the Company had recorded $1,053 of prepaid management service fees to PCVLP. The Company has recorded reserves totaling $2,600 related to PCVLP. The Company is continuing to evaluate the PCVLP investments, which consist primarily of investments in private companies whose securities have no actively traded market. By order dated October 20, 2003, the Debtors rejected the partnership agreement with Praxis Capital. Peter L. Venetis, the son-in-law of John J. Rigas and a former director of the Company, is the managing director of Praxis Capital Management, LLC.
Devon Mobile Communications, L.P.
Pursuant to the Agreement of Limited Partnership of Devon Mobile Communications, L.P., a Delaware limited partnership ("Devon Mobile"), dated as of November 3, 1995 (the "Devon Mobile Limited Partnership Agreement"), the Company owned a 49.9% limited partnership interest in Devon Mobile, which, through its subsidiaries, held licenses to operate regional wireless telephone businesses in several states. Devon Mobile had certain business and contractual relationships with the Company and with former subsidiaries or divisions of the Company which were spun-off as TelCove in January 2002. In late May 2002, the Company notified Devon G.P., Inc., the general partner of Devon Mobile, that it would likely terminate certain discretionary operational funding to Devon Mobile. In July 2002, the Company learned that its former subsidiary, TelCove, had elected to terminate certain services it provided to Devon Mobile. On August 19, 2002, Devon Mobile and certain of its subsidiaries filed voluntary petitions to reorganize under Chapter 11 of the Bankruptcy Code with the United States Bankruptcy Court (the "Devon Bankruptcy Court"). In July 2002, the Company recorded an asset impairment reserve against the investment in and receivables from Devon Mobile of $1,221 and $53,646, respectively. In November 2002, the Company refined its evaluation of exposure to Devon Mobile and recorded additional impairments of $51,087, which related primarily to the Company's guarantee of certain obligations of Devon Mobile, other receivables from Devon Mobile, and an incremental investment in Devon Mobile that is expected to result from the Company's restatement of prior year financial information. All such impairments are included in equity in losses of affiliates—net in the accompanying unaudited consolidated statements of operations. As of November 2002, the Company has fully reserved for its investment and receivables in Devon Mobile.
On January 17, 2003, the Company filed proofs of claim against Devon Mobile and its subsidiaries for approximately $129,000 in debt and equity claims, as well as an additional claim of approximately $35,000 relating to the Company's guarantee of certain Devon Mobile obligations (collectively, the "Company Claims"). On June 23, 2003, Devon Mobile filed a disclosure statement for the joint plan of liquidation (the "Disclosure Statement"). On or about July 25, 2003, the Devon Bankruptcy Court approved the Disclosure Statement. By order dated October 1, 2003, the Devon Bankruptcy Court confirmed Devon's First Amended Joint Plan of Liquidation (the "Devon Plan"). The Devon Plan went effective on October 17, 2003, at which time the Company's limited partnership interest in Devon Mobile was extinguished. According to the Disclosure Statement, Devon Mobile and the Official Committee of Unsecured Creditors appointed in the Devon Mobile Chapter 11 cases disagree with the Company Claims and intend to file an objection seeking an order eliminating such claims in their entirety. As of the date hereof, Devon Mobile has not objected to the Company Claims. On or about January 8, 2004, Devon Mobile filed proofs of claim in the Company's Chapter 11 cases in respect of, among other things, certain transfers alleged to be made
22
ADELPHIA COMMUNICATIONS CORPORATION, et. al.
(DEBTORS-IN-POSSESSION)
NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
(Dollars in thousands)
by Devon Mobile to the Company prior to the commencement of the Company's Chapter 11 cases (the "Devon Claims"). On May 20, 2004, the Company and Devon Mobile filed a stipulation in the Company's Chapter 11 cases granting Devon Mobile limited relief from the automatic stay to (i) file a complaint against the Company based on the Devon Claims and (ii) file objections to the Company Claims in the Devon Bankruptcy Court (the "Devon Stay Stipulation"). The Devon Stay Stipulation was approved by the Bankruptcy Court on June 10, 2004. On June 21, 2004, Devon Mobile filed a complaint (the "Devon Complaint") in the Company's Chapter 11 cases in respect of the Devon Claims. On August 20, 2004, the Company filed an answer and counterclaim in response to the Devon Complaint denying the allegations made in the Devon Complaint and asserting various counterclaims against Devon Mobile, which encompassed the Company Claims (the "Company Answer"). On September 21, 2004, the Bankruptcy Court entered an order approving an amendment to the Devon Stay Stipulation which provides that the Company Claims will be prosecuted to final order in the Bankruptcy Court and will be given full force and effect by the Devon Bankruptcy Court taking into account the rights of set-off and/or recoupment of the parties with respect thereto. On September 30, 2004 Devon Mobile filed an answer with respect to the counterclaims asserted by the Company in the Company Answer and denying liability for the Company Claims. On October 13, 2004, the Company filed a motion for judgment on the pleadings dismissing Devon Mobile's demand for punitive damages and, by stipulation, Devon Mobile withdrew its punitive damages claims without prejudice. On November 22, 2004, the Company filed a motion for leave (the "Motion for Leave") to file a third-party complaint against Devon G.P., Inc. ("Devon G.P"), the general partner of Devon Mobile, and Lisa-Gaye Shearing Mead, the sole owner and President of Devon G.P. As of the date hereof, the Motion for Leave remains pending before the Bankruptcy Court. Any recovery of the Company Claims is uncertain at this time. The Company cannot predict the outcome of these legal proceedings or estimate the possible effects on the financial condition or results of operations of the Company.
Property, Plant and Equipment, and Intangible Assets
As stated previously, the Company's property, plant and equipment and intangible assets are currently being evaluated by management for asset impairment and other issues. These issues include the ownership of assets, prior capitalization policies, estimated useful lives, amounts allocated to specific assets in connection with acquisitions, and impairment. The complete results of these evaluations are unknown at this time but could result in material adjustments to the net book value of property, plant and equipment and intangible assets at December 31, 2003, 2002 and 2001, as well as results of operations for the periods then ended.
As more fully discussed in Note 3, the Company has corrected many of its erroneous accounting policies and practices for PP&E with respect to the accounting for Capitalized Costs and Capitalized Installation and Construction Activities for the twenty-two months ended November 30, 2004. The Company is continuing its review of the historical books and records and other information; accordingly, these issues should not be considered the only issues related to these assets that are under evaluation by the Company, and the Company reserves the right to amend, update or supplement this information.
14. Net Loss Per Weighted Average Share of Common Stock
Basic net loss per weighted average share of common stock is computed based on the weighted average number of common shares outstanding after giving effect to dividend requirements on the Company's preferred stock (see Note 7). Diluted net loss per common share is equal to basic net loss per common share because the Company's convertible preferred stock and outstanding stock options do not have a dilutive effect for the periods presented. In the future, however, the convertible preferred stock and outstanding stock options could have a dilutive effect on earnings per share.
15. Supplemental Cash Flow Information
Cash payments for interest were $35,856 and $931,418 for the one and twenty-nine month periods ended November 30, 2004, respectively. Included in these amounts are cash payments made by the Company of $14,524 and $391,664 for the one and twenty-nine month periods ended November 30, 2004, respectively, for interest on the co-borrowing credit facilities attributable to the Rigas family entities. Such
23
ADELPHIA COMMUNICATIONS CORPORATION, et. al.
(DEBTORS-IN-POSSESSION)
NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
(Dollars in thousands)
payments are included in the related party receivables and payables, net in the accompanying unaudited consolidated statements of cash flows.
16. EBITDA
The following is a summary of Earnings Before Interest, Taxes, Depreciation and Amortization ("EBITDA") from the accompanying unaudited consolidated statements of operations for the one and twenty-nine month periods ended November 30, 2004. EBITDA is an alternative performance measure that is customarily used by companies that own, operate and manage cable television systems and other related telecommunications businesses. Management believes that EBITDA provides an alternative measure that is useful in evaluating the Company's liquidity. EBITDA is not a performance measure in accordance with GAAP and the use of EBITDA is not meant to replace or supercede any information presented in accordance with GAAP.
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ADELPHIA COMMUNICATIONS CORPORATION, et. al.
(DEBTORS-IN-POSSESSION)
NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
(Dollars in thousands)
Presented below is a reconciliation of EBITDA to net loss and net cash provided by operating activities as presented in the accompanying unaudited consolidated financial statements.
Reconciliation of EBITDA to Net loss from continuing operations:
| Month Ended November 30, 2004 | Twenty-nine Months Ended November 30, 2004 | ||||||
---|---|---|---|---|---|---|---|---|
EBITDA | $ | 80,740 | $ | 1,937,725 | ||||
Adjustments to reconcile EBITDA to net loss from continuing operations: | ||||||||
Depreciation and amortization | (87,488 | ) | (2,291,392 | ) | ||||
Interest expense | (40,564 | ) | (977,220 | ) | ||||
Income tax benefit | — | 35 | ||||||
Net loss from continuing operations | $ | (47,312 | ) | $ | (1,330,852 | ) | ||
Reconciliation of EBITDA to Net Cash Provided by Operating Activities:
| Month Ended November 30, 2004 | Twenty-nine Months Ended November 30, 2004 | |||||||
---|---|---|---|---|---|---|---|---|---|
EBITDA | $ | 80,740 | $ | 1,937,725 | |||||
Adjustments to reconcile EBITDA to net cash provided by operating activities: | |||||||||
Amortization of bank financing costs | 4,522 | 66,550 | |||||||
Impairment of long-lived and other assets | — | 72,134 | |||||||
Other-than-temporary impairment of investments and other assets | — | 72,909 | |||||||
Minority interest in losses of subsidiaries — net | (787 | ) | (26,131 | ) | |||||
Equity in losses of affiliates, net | 187 | 110,741 | |||||||
Gain on sale of assets — net | — | (8,642 | ) | ||||||
Depreciation, amortization and other non-cash items from discontinued operations | — | 46,366 | |||||||
Other non-cash items | — | 3,856 | |||||||
Reorganization expenses due to bankruptcy | 6,551 | 207,223 | |||||||
Non-recurring professional fees, net of amounts paid | 6,947 | 50,747 | |||||||
Change in Assets and Liabilities: | |||||||||
Subscriber receivables — net | (2,396 | ) | (4,711 | ) | |||||
Other assets — net | (8,304 | ) | (69,821 | ) | |||||
Accounts payable | 16,354 | 14,270 | |||||||
Subscriber advance payments and deposits | (3,564 | ) | 29,694 | ||||||
Accrued interest and other liabilities | (28,176 | ) | 236,833 | ||||||
Liabilities subject to compromise | 308 | (113,011 | ) | ||||||
Intercompany receivables and payables — net | 6,574 | (17,741 | ) | ||||||
Reorganization expenses paid during the period | (9,221 | ) | (175,994 | ) | |||||
Interest expense | (40,564 | ) | (977,220 | ) | |||||
Income tax benefit | — | 35 | |||||||
Discontinued operations | — | (46,139 | ) | ||||||
Net cash provided by operating activities | $ | 29,171 | $ | 1,409,673 | |||||
25
ADELPHIA COMMUNICATIONS CORPORATION, et. al.
(DEBTORS-IN-POSSESSION)
NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
(Dollars in thousands)
17. TelCove Spin-off and Bankruptcy Proceedings
Adelphia Business Solutions, Inc., which has since changed its name to TelCove, Inc. ("TelCove"), was a consolidated subsidiary of Adelphia as of December 31, 2001. TelCove owns, operates and manages entities which provide CLEC telecommunications services. On January 11, 2002, the Company distributed in the form of a dividend, all of the shares of common stock of TelCove owned by Adelphia to holders of Adelphia's Class A and Class B common stock (the "Spin-off"). As a result of the Spin-off, the Rigas Family held a majority of the total voting power of TelCove common stock. The distribution of TelCove common stock was recorded on the date of the Spin-off. Accordingly, the accompanying unaudited consolidated financial statements do not include the accounts of TelCove. On March 27, 2002, TelCove and certain of its direct subsidiaries filed voluntary petitions to reorganize under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the Southern District of New York (the "Bankruptcy Court"). On December 19, 2003, the Bankruptcy Court entered an order confirming TelCove's Modified Third Amended Joint Plan of Reorganization Under Chapter 11 of the Bankruptcy Code, dated December 18, 2003.
Prior to the TelCove Spin-off (and in some circumstances following the TelCove Spin-off), Adelphia and TelCove (i) shared certain collocation space, real property interests, fiber-optic cable assets, strands and network infrastructure and related equipment (collectively, the "Shared Assets"); (ii) engaged in joint undertakings, including the construction and overlash of fiber-optic cable networks and facilities, necessary for the construction and operation of a telecommunications network and cable network; and (iii) provided one another with certain services that are or were crucial to the operation of each other's businesses (the "Shared Services").
In order to reduce the Company's dependence on TelCove for access to certain collocation space, real property interests, fiber-optic cable assets, strands and network infrastructure and related equipment shared by the Company and TelCove (the "Shared Assets") and certain services, provided by the Company and TelCove to one another that are or were crucial to the operation of each others' businesses (the "Shared Services"), as well as to gain operational independence from TelCove and validate and memorialize the ownership of the Shared Assets, on December 3, 2003, the Debtors and TelCove entered into a Master Reciprocal Settlement Agreement pursuant to which the parties, among other things, memorialized their agreement relating to their ownership and use of the Shared Assets. On March 23, 2004, the Bankruptcy Court approved the Master Reciprocal Settlement Agreement.
In the TelCove plan of reorganization and the related disclosure statement, TelCove alleged that it had substantial claims against the Company totaling more than $1,000,000 (the "Alleged Claims"). On November 25, 2003, the Company filed a proof of claim for administrative expenses against TelCove in the approximate amount of $71,000 (collectively, "Adelphia's Administrative Claims").
On February 21, 2004, the parties executed a global settlement agreement (the "Global Settlement") which resolves, among other things, the Alleged Claims, Adelphia's Administrative Claims, and TelCove's alleged counterclaims and defenses thereto. The Global Settlement provides that on the closing date, the Company will transfer to TelCove certain settlement consideration, including, $60,000 in cash, plus an additional payment of up to $2,500 related to certain outstanding payables, as well as certain vehicles, real property and intellectual property licenses used in the operation of TelCove's businesses. The Global Settlement also provides for the transfer by the Company to TelCove of certain CLEC market assets, together with various licenses, franchises and permits related to the operation and ownership of such assets, and for the execution of various annexes to the Global Settlement (the "Annex Agreements), which provide, among other things, for (i) a five-year business commitment to TelCove by the Company; (ii) future use by TelCove of certain fiber capacity in assets owned by the Company; (iii) the mutual release by the parties from any and all liabilities, claims and causes of action which either party has or may have against the other party; and (iv) TelCove's management, pending transfer, of the Company's active CLEC markets pursuant to a master management agreement that amended and superceded pre-existing management agreements between the Company and TelCove. On March 23, 2004, the Bankruptcy Court approved the Global Settlement.
The Global Settlement was consummated on April 7, 2004, at which time the Company paid $57,941 to TelCove and transferred the economic risks and benefits of the CLEC market assets to TelCove pursuant
26
ADELPHIA COMMUNICATIONS CORPORATION, et. al.
(DEBTORS-IN-POSSESSION)
NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
(Dollars in thousands)
to the terms of the Global Settlement and entered into the Annex Agreements which are effective in accordance with their terms. On August 20, 2004, the Company paid TelCove an additional $2,464 pursuant to the Global Settlement in connection with the resolution and release of certain claims. On August 21, 2004, the CLEC market assets were transferred to TelCove.
18. Century-ML Cable Venture Bankruptcy Filing
On September 30, 2002, CMLCV, a50/50 joint venture between Century and ML Media Partners, L.P. ("ML Media") filed a voluntary petition to reorganize under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court. This bankruptcy proceeding is administered separately from that of Adelphia. CMLCV is operating its business as a debtor-in-possession and is continuing to serve its subscribers in three communities in Puerto Rico. At this time, CMLCV is expected to generate sufficient cash to fund foreseeable operations and capital requirements. The CMLCV Chapter 11 filing is not expected to have a material impact on the operations of CMLCV's subsidiary, Century-ML Cable Corporation, which serves communities in Puerto Rico.
CMLCV, since October 2002, has been filing a separate monthly operating report with the Bankruptcy Court. As more fully disclosed in CMLCV's separate Monthly Operating Report, there is litigation pending in the Bankruptcy Court between ML Media and CMLCV, Century, the Company and Highland Holdings ("Highland"), a Rigas Family partnership. In connection with the parties' December 13, 2001 Leveraged Recapitalization Agreement ("Recap Agreement"), there is a pre-petition dispute relating primarily to an alleged secured obligation in the amount of $279,800 to ML Media for its 50% ownership in CMLCV. If there is an adverse outcome against the Company relating to this litigation, the Company may be required to pay $279,800 to ML Media for its 50% ownership in CMLCV, as well as interest and other amounts that may result from the outcome of this litigation, or Century may be required to surrender its 50% ownership in CMLCV to ML Media. A hearing was held on September 24, 2002, and a decision was rendered on January 17, 2003, wherein the Bankruptcy Court; (i) denied all of the parties' motions for summary judgment on the issue of whether there has been an acceleration of the September 30, 2002 closing date under the Recap Agreement, except that the Bankruptcy Court (ii) found "as a matter of law, that, assuming that the Recap Agreement is enforceable, payment by the Company was due on September 30, 2002 and payment by Adelphia, Century and Highland was due on October 1, 2002, one day later, and that, having failed to make payment, each of the Company, Century and Highland is now in default." The Bankruptcy Court granted summary judgment only to such extent.
In a decision and order dated March 31, 2003, the Bankruptcy Court denied ML Media's request to become manager of CMLCV's cable systems. In a decision and order dated April 21, 2003, the Bankruptcy Court denied ML Media's motion to dismiss the CMLCV bankruptcy petition, rejecting ML Media's claim that Century improperly filed the petition without ML Media's consent. On September 5, 2003, a hearing was held to determine whether ML Media's motions to dismiss and for summary judgment should be granted. Although the Bankruptcy Court has not yet issued a written decision on the motions, at a status conference held on April 15, 2004, the Court announced that it would be issuing a decision in which it would (a) dismiss all of the counterclaims of Adelphia and Century except for aiding and abetting of a breach of fiduciary duties, and (b) dismiss all of the Venture's counterclaims except for constructive fraudulent conveyance. On September 17, 2003, the Bankruptcy Court entered an order authorizing Adelphia's and Century's rejection of the Recap Agreement.
On May 12, 2003, the Bankruptcy Court directed ML Media, Century, Adelphia and Highland to enter into mediation to resolve the dispute. Settlement discussions between Adelphia and ML Media are continuing.
No accrual for the outcome of the above described litigation is included in the accompanying unaudited financial statements.
By order dated December 2, 2003, the Bankruptcy Court established a bar date for filing proofs of claim against CMLCV's estate of January 15, 2004 at 5:00 P.M. (Eastern Time).
On October 8, 2004, the Venture filed various claims in the Adelphia Debtors' bankruptcy proceedings relating to, among other things, Adelphia's conduct as manager of the Venture, alleged
27
ADELPHIA COMMUNICATIONS CORPORATION, et. al.
(DEBTORS-IN-POSSESSION)
NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
(Dollars in thousands)
breaches of Adelphia's fiduciary duties to the Venture, and receivables alleged to be owing to the Venture by various Adelphia Debtors. The Venture cannot estimate at this time its recovery, if any, related to such claims.
On March 17, 2004, ML Media presented a non-binding written indication of interest (the "Vaughn Indication of Interest") for the acquisition of 100% of CMLCV by an investor group led by James C. Vaughn (the "Vaughn Group"). The Vaughn Group has since indicated that it is not prepared to proceed with a transaction on the terms set forth in the Vaughn Indication of Interest and has submitted a revised bid at a lower price. ML Media and Century are engaged in a process exploring the potential sale of the Venture to a third party, and from time to time have explored other potential transactions relating to CMLCV.
19. Statistical information
The table below provides information on the number of basic customers, digital customers and high speed internet customers as of November 30, 2004 and October 31, 2004. As further described in its Current Report on Form 8-K filed May 25, 2003, the Company corrected the methodology for calculating customers previously used; therefore, the customer data set forth below may not be comparable to customer data reported prior to such correction.
| Filing Entities | Brazil | CMLCV and St. Marys | Rigas Entities | Total | |||||
---|---|---|---|---|---|---|---|---|---|---|
November 30, 2004: | ||||||||||
Basic customers | 4,820,587 | 51,293 | 143,325 | 228,676 | 5,243,881 | |||||
Digital customers | 1,864,871 | — | 67,359 | 85,754 | 2,017,984 | |||||
High speed internet customers | 1,295,865 | 4,197 | 5,796 | 76,264 | 1,382,122 | |||||
Total revenue generating units | 7,981,323 | 55,490 | 216,480 | 390,694 | 8,643,987 | |||||
October 31, 2004: | ||||||||||
Basic customers | 4,855,724 | 50,774 | 143,429 | 229,961 | 5,279,888 | |||||
Digital customers | 1,874,579 | — | 67,768 | 85,718 | 2,028,065 | |||||
High speed internet customers | 1,271,781 | 4,143 | 5,253 | 75,043 | 1,356,220 | |||||
Total revenue generating units | 8,002,084 | 54,917 | 216,450 | 390,722 | 8,664,173 | |||||
20. Bankruptcy Court Reporting Schedules
The Bankruptcy Court reporting schedules included in this report beginning on page 29 are for the period from November 1 through November 30, 2004 and have been prepared for the purpose of filing with the Bankruptcy Court and are not required by GAAP. The accompanying Bankruptcy Court reporting schedules, as with all other information contained herein, have been obtained from the books and records of the Company and are unaudited.
28
ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES
Summary
| For the Month Ended November 30, 2004 | Reference | |||
---|---|---|---|---|---|
Gross wages paid | $ | 45,779,096 | Schedule I | ||
Employee payroll taxes withheld | 10,235,780 | Schedule I | |||
Employer payroll taxes due | 3,225,300 | Schedule I | |||
Payroll taxes paid* | 19,913,346 | Schedule II* | |||
Sales and other taxes due | 6,665,199 | Schedule III | |||
Gross taxable sales | 82,147,403 | Schedule III | |||
Real estate and personal property taxes paid | 6,179,033 | Schedule IV | |||
Sales and other taxes paid | 5,986,684 | Schedule V | |||
Cash disbursements | 366,274,763 | Schedule VI | |||
Insurance coverage | N/A | Schedule VII |
- *
- The amount reported above for payroll taxes paid is based upon the date paid and not the date due.
29
ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES
Schedule I
Court Reporting schedules for Payroll and Payroll Taxes
for the Month Ended November 30, 2004
Week Ending Date | Gross Wages Paid | Employee Payroll Taxes Withheld | Employer Payroll Taxes Due | |||||||
---|---|---|---|---|---|---|---|---|---|---|
12-Nov-04 | $ | 21,864,016 | $ | 4,769,749 | $ | 1,545,061 | ||||
26-Nov-04 | 23,915,080 | 5,466,031 | 1,680,239 | |||||||
Total | $ | 45,779,096 | $ | 10,235,780 | $ | 3,225,300 |
30
ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES
Schedule II Page 1 of 3
Court Reporting schedules for Payroll Taxes Paid
for the Month Ended November 30, 2004
Payee | Payroll Taxes Paid | Payment Date | ||
---|---|---|---|---|
INTERNAL REVENUE SERVICE | 5,882,371 | 11/01/04 | ||
STATE OF ALABAMA | 7,453 | 11/01/04 | ||
STATE OF ARIZONA | 2,028 | 11/01/04 | ||
STATE OF CALIFORNIA | 167,756 | 11/01/04 | ||
STATE OF COLORADO | 73,227 | 11/01/04 | ||
STATE OF CONNECTICUT | 11,722 | 11/01/04 | ||
STATE OF GEORGIA | 7,273 | 11/01/04 | ||
STATE OF IDAHO | 4,810 | 11/01/04 | ||
STATE OF INDIANA | 897 | 11/01/04 | ||
STATE OF KANSAS | 366 | 11/01/04 | ||
STATE OF KENTUCKY | 22,544 | 11/01/04 | ||
STATE OF MAINE | 24,401 | 11/01/04 | ||
STATE OF MARYLAND | 11,406 | 11/01/04 | ||
STATE OF MASSACHUSETTS | 25,514 | 11/01/04 | ||
STATE OF MICHIGAN | 398 | 11/01/04 | ||
STATE OF NEW YORK | 106,790 | 11/01/04 | ||
STATE OF NORTH CAROLINA | 14,717 | 11/01/04 | ||
STATE OF OHIO | 80,299 | 11/01/04 | ||
STATE OF OKLAHOMA | 382 | 11/01/04 | ||
STATE OF PENNSYLVANIA | 95,406 | 11/01/04 | ||
STATE OF SOUTH CAROLINA | 3,004 | 11/01/04 | ||
STATE OF VERMONT | 16,712 | 11/01/04 | ||
STATE OF VIRGINIA | 57,861 | 11/01/04 | ||
STATE OF WISCONSIN | 1,021 | 11/01/04 | ||
BUREAU OF EMPLOYMENT PROGRAMS | 643 | 11/09/04 | ||
INTERNAL REVENUE SERVICE | 5,504,207 | 11/15/04 | ||
STATE OF ARIZONA | 1,873 | 11/15/04 | ||
STATE OF CALIFORNIA | 159,958 | 11/15/04 | ||
STATE OF COLORADO | 61,445 | 11/15/04 | ||
STATE OF CONNECTICUT | 10,883 | 11/15/04 | ||
STATE OF GEORGIA | 6,628 | 11/15/04 | ||
STATE OF IDAHO | 4,446 | 11/15/04 | ||
STATE OF INDIANA | 870 | 11/15/04 | ||
STATE OF KANSAS | 333 | 11/15/04 | ||
STATE OF KENTUCKY | 18,520 | 11/15/04 | ||
STATE OF MAINE | 23,239 | 11/15/04 |
31
ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES
Schedule II Page 2 of 3
Court Reporting schedules for Payroll Taxes Paid
for the Month Ended November 30, 2004
Payee | Payroll Taxes Paid | Payment Date | ||
---|---|---|---|---|
STATE OF MARYLAND | 12,235 | 11/15/04 | ||
STATE OF MASSACHUSETTS | 26,065 | 11/15/04 | ||
STATE OF NEW YORK | 101,159 | 11/15/04 | ||
STATE OF NORTH CAROLINA | 12,406 | 11/15/04 | ||
STATE OF OHIO | 75,255 | 11/15/04 | ||
STATE OF OKLAHOMA | 346 | 11/15/04 | ||
STATE OF PENNSYLVANIA | 93,962 | 11/15/04 | ||
STATE OF SOUTH CAROLINA | 2,902 | 11/15/04 | ||
STATE OF VERMONT | 15,030 | 11/15/04 | ||
STATE OF VIRGINIA | 54,369 | 11/15/04 | ||
INTERNAL REVENUE SERVICE | 6,216,303 | 11/29/04 | ||
STATE OF ARIZONA | 3,822 | 11/29/04 | ||
STATE OF CALIFORNIA | 204,769 | 11/29/04 | ||
STATE OF COLORADO | 66,372 | 11/29/04 | ||
STATE OF CONNECTICUT | 11,047 | 11/29/04 | ||
STATE OF GEORGIA | 7,857 | 11/29/04 | ||
STATE OF IDAHO | 4,773 | 11/29/04 | ||
STATE OF INDIANA | 914 | 11/29/04 | ||
STATE OF KANSAS | 352 | 11/29/04 | ||
STATE OF KENTUCKY | 22,194 | 11/29/04 | ||
STATE OF MAINE | 26,833 | 11/29/04 | ||
STATE OF MARYLAND | 13,461 | 11/29/04 | ||
STATE OF MASSACHUSETTS | 27,905 | 11/29/04 | ||
STATE OF MICHIGAN | 284 | 11/29/04 | ||
STATE OF NEW YORK | 120,039 | 11/29/04 | ||
STATE OF NORTH CAROLINA | 14,380 | 11/29/04 | ||
STATE OF OHIO | 91,207 | 11/29/04 | ||
STATE OF OKLAHOMA | 323 | 11/29/04 | ||
STATE OF PENNSYLVANIA | 95,847 | 11/29/04 | ||
STATE OF SOUTH CAROLINA | 3,723 | 11/29/04 | ||
STATE OF VERMONT | 22,151 | 11/29/04 | ||
STATE OF VIRGINIA | 59,730 | 11/29/04 | ||
STATE OF WISCONSIN | 611 | 11/29/04 | ||
ASHTABULA INCOME TAX | 314 | 11/30/04 | ||
CENTRAL COLLECTION AGENCY | 32,599 | 11/30/04 | ||
CITY OF CHILLICOTHE | 5,101 | 11/30/04 | ||
CITY OF CLEVELAND HEIGHTS | 4,842 | 11/30/04 | ||
CITY OF DANVILLE | 380 | 11/30/04 | ||
CITY OF HUNTINGTON | 272 | 11/30/04 | ||
CITY OF MARION | 855 | 11/30/04 | ||
CITY OF NEWARK | 2,927 | 11/30/04 |
32
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BANKRUPTCY COURT REPORTING SCHEDULES
Schedule II Page 3 of 3
Court Reporting schedules for Payroll Taxes Paid
for the Month Ended November 30, 2004
Payee | Payroll Taxes Paid | Payment Date | ||
---|---|---|---|---|
CITY OF PITTSBURGH | 3,377 | 11/30/04 | ||
DIRECTOR OF FINANCE | 187 | 11/30/04 | ||
EMPLOYMENT SECURITY COMMISSION | — | 11/30/04 | ||
LORAIN CITY TAX | 2,022 | 11/30/04 | ||
MISSISSIPPI STATE TAX COMMISSN | 3,572 | 11/30/04 | ||
MONTANA DEPARTMENT OF REVENUE | 824 | 11/30/04 | ||
RITA | 11,238 | 11/30/04 | ||
SCHOOL DISTRICT INCOME TAX | 2,166 | 11/30/04 | ||
TREASURER CITY OF OWENSBORO | 395 | 11/30/04 | ||
UTAH STATE TAX COMMISSION | 272 | 11/30/04 | ||
VILLAGE OF GREENWOOD | 320 | 11/30/04 | ||
VILLAGE OF GREENWOOD | 320 | 11/30/04 | ||
VIRGINA EMPLOYMENT COMMISSION | 980 | 11/30/04 | ||
WEST VIRGINIA DEPT OF TAX & REV | 20,354 | 11/30/04 | ||
TOTAL | 19,913,346 | |||
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BANKRUPTCY COURT REPORTING SCHEDULES
Schedule III Page 1 of 9
Court Reporting schedules for Sales and Other Taxes Due and Gross Taxable Sales
for the Month Ended November 30, 2004
Taxing Jurisdiction | Sales and Other Taxes Due | Gross Taxable Sales | |||||
---|---|---|---|---|---|---|---|
ACC CABLE COMMUNICATIONS FL-VA | $ | 850 | $ | 17,004 | |||
ACC CABLE COMMUNICATIONS FL-VA, LLC | 9,954 | 142,193 | |||||
ACC CABLE COMMUNICATIONS FL-VA, LLC | 1,276 | 42,551 | |||||
ACC TELECOMMUNICATIONS, LLC | 587 | 9,781 | |||||
ADELPHIA CA CABLEVISION, LLC | 78 | 1,302 | |||||
ADELPHIA CA CABLEVISION, LLC | 216 | 4,312 | |||||
ADELPHIA CABLE COMM FL-VA, LLC | 88 | 1,467 | |||||
ADELPHIA CABLE COMPANY | 62 | 1,248 | |||||
ADELPHIA CABLE PARTNERS, L.P. | 765,050 | 5,186,577 | |||||
ADELPHIA CABLE PARTNERS, L.P. | 26,048 | 399,306 | |||||
ADELPHIA CABLEVISION CORP. | 2,889 | 39,200 | |||||
ADELPHIA CABLEVISION OF BOCA RATON, LLC | 284,256 | 1,927,985 | |||||
ADELPHIA CABLEVISION OF BOCA RATON, LLC | 5,635 | 93,921 | |||||
ADELPHIA CABLEVISION OF FONTANA, LLC | 1,809 | 30,153 | |||||
ADELPHIA CABLEVISION OF INLAND EMPIRE, LLC | (24 | ) | (291 | ) | |||
ADELPHIA CABLEVISION OF NEW YORK, INC. | 1,960 | 26,777 | |||||
ADELPHIA CABLEVISION OF ORANGE COUNTY II,LLC | 15,645 | 447,001 | |||||
ADELPHIA CABLEVISION OF SAN BERNARDINO, LLC | 62,626 | 789,731 | |||||
ADELPHIA CABLEVISION OF SANTA ANA, LLC | 33 | 4,320 | |||||
ADELPHIA CABLEVISION OF SIMI VALLEY, LLC | (16 | ) | (217 | ) | |||
ADELPHIA CABLEVISION OF THE KENNEBUNKS, LLC | 2,129 | 28,390 | |||||
ADELPHIA CABLEVISION OF THE KENNEBUNKS, LLC | 16,511 | 330,218 | |||||
ADELPHIA CABLEVISION OF WPB III, LLC | 46,629 | 322,048 | |||||
ADELPHIA CABLEVISION OF WPB III, LLC | 1,302 | 18,600 | |||||
ADELPHIA CABLEVISION OF WPB IV, LLC | 206,421 | 1,421,210 | |||||
ADELPHIA CABLEVISION OF WPB IV, LLC | 4,940 | 82,337 | |||||
ADELPHIA CABLEVISION OF WPB V, LLC | 21,081 | 146,499 | |||||
ADELPHIA CABLEVISION OF WPB V, LLC | 477 | 7,942 | |||||
ADELPHIA CALIFORNIA CABLEVISION, LLC | 538 | 8,270 | |||||
ADELPHIA CALIFORNIA CABLEVISION, LLC | (25 | ) | (257 | ) | |||
ADELPHIA CENTRAL PENNSYLVANIA, LLC | 470 | 7,835 | |||||
ADELPHIA CENTRAL PENNSYLVANIA, LLC | 29,569 | 496,828 | |||||
ADELPHIA CLEVELAND, LLC | 51,385 | 642,318 | |||||
ADELPHIA COMMUNICATIONS OF CA, LLC | 10,315 | 257,879 | |||||
ADELPHIA COMMUNICATIONS OF CALIFORNIA LLL, LLC | (7 | ) | (90 | ) | |||
ADELPHIA COMMUNICATIONS OF CALIFORNIA, LLC | 32 | 554 | |||||
ADELPHIA COMPANY OF WESTERN CONNECTICUT | 225,968 | 4,304,150 | |||||
ADELPHIA COMPANY OF WESTERN CONNECTICUT | 271,125 | 4,518,771 | |||||
ADELPHIA GS CABLE, LLC | 11,579 | 192,985 |
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BANKRUPTCY COURT REPORTING SCHEDULES
Schedule III Page 2 of 9
Court Reporting schedules for Sales and Other Taxes Due and Gross Taxable Sales
for the Month Ended November 30, 2004
Taxing Jurisdiction | Sales and Other Taxes Due | Gross Taxable Sales | ||
---|---|---|---|---|
ADELPHIA GS CABLE, LLC | 89 | 1,083 | ||
ADELPHIA GS CABLE, LLC | 75,875 | 1,264,592 | ||
ADELPHIA OF THE MIDWEST, INC. | 30,804 | 403,965 | ||
ADELPHIA PRESTIGE CABLEVISION | 8,067 | 161,357 | ||
ADELPHIA SECURITY | 155 | 3,098 | ||
ADELPHIA TELECOMM OF FLORIDA, INC. | 11,797 | 393,237 | ||
ADELPHIA TELECOMMUNICATIONS OF FLORIDA, INC. | 53,222 | 726,610 | ||
ADELPHIA TELECOMMUNICATIONS, INC. | 31,451 | 922,387 | ||
ADELPHIA TELECOMMUNICATIONS, INC. | 289 | 5,614 | ||
ADELPHIA TELECOMMUNICATIONS, INC. | 13 | 654 | ||
ADELPHIA TELECOMMUNICATIONS, INC. | 20 | 638 | ||
ADELPHIA TELECOMMUNICATIONS, INC. | 138 | 1,668 | ||
ADELPHIA TELECOMMUNICATIONS, INC. | 41 | 546 | ||
ADELPHIA TELECOMMUNICATIONS, INC. | 358 | 7,164 | ||
ADELPHIA TELECOMMUNICATIONS, INC. | 583 | 8,333 | ||
ADELPHIA TELECOMMUNICATIONS, INC. | 3,481 | 64,664 | ||
ADELPHIA TELECOMMUNICATIONS, INC. | 7,650 | 100,618 | ||
ADELPHIA TELECOMMUNICATIONS, INC. | 7 | 140 | ||
ADELPHIA TELECOMMUNICATIONS, INC. | 20,972 | 360,983 | ||
ADELPHIA TELECOMMUNICATIONS, INC. | 5 | 84 | ||
ADELPHIA TELECOMMUNICATIONS, INC. | 2,559 | 41,651 | ||
ADELPHIA TELECOMMUNICATIONS, INC. | 639 | 19,042 | ||
ADELPHIA TELECOMMUNICATIONS, INC. | 137 | 1,686 | ||
ADELPHIA TELECOMMUNICATIONS, INC. | 434 | 7,243 | ||
ADELPHIA TELECOMMUNICATIONS, INC. | 35 | 688 | ||
ADELPHIA TELECOMMUNICATIONS, INC. | 55 | 1,202 | ||
ADELPHIA TELECOMMUNICATIONS, INC. | 476 | 9,567 | ||
ALABAMA DEPT. OF REVENUE | 219 | 3,652 | ||
BANK OF AMERICA | 302 | 21,551 | ||
BETTER TV OF BENNINGTON | 15 | 254 | ||
BETTER TV OF BENNINGTON | 21,581 | 359,691 | ||
BLACKSBURG/SALEM CABLEVISION, INC. | 15,284 | 152,837 | ||
BLACKSBURG/SALEM CABLEVISION, INC. | 8,476 | 84,757 | ||
BLACKSBURG/SALEM CABLEVISION, INC. | 568 | 18,931 | ||
BOARD OF EQUALIZATION | 145 | A | ||
CA TELECONNECT FUND | 34 | — | ||
CABLE SENTRY CORP. | 6,935 | 115,591 | ||
CCHCF-A | 37 | — | ||
CENTURY BERKSHIRE CABLE CORP. | 110 | 3,674 | ||
CENTURY CABLE HOLDING, LLC | 53 | 1,057 | ||
CENTURY CABLE HOLDINGS, LLC | 8,686 | 117,091 |
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ADELPHIA COMMUNICATIONS CORPORATION, et al.
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BANKRUPTCY COURT REPORTING SCHEDULES
Schedule III Page 3 of 9
Court Reporting schedules for Sales and Other Taxes Due and Gross Taxable Sales
for the Month Ended November 30, 2004
Taxing Jurisdiction | Sales and Other Taxes Due | Gross Taxable Sales | ||
---|---|---|---|---|
CENTURY CABLE HOLDINGS, LLC | 6,881 | 114,688 | ||
CENTURY CABLE HOLDINGS, LLC | 3,428 | 109,945 | ||
CENTURY CABLE HOLDINGS, LLC | 8,481 | 141,356 | ||
CENTURY CABLE HOLDINGS, LLC | 6,927 | 98,060 | ||
CENTURY CABLE HOLDINGS, LLC (SHENANGO) | 250 | 8,334 | ||
CENTURY CABLE MANAGEMENT CORP. | 17,798 | 339,009 | ||
CENTURY CABLE MANAGEMENT CORP. | 21,602 | 360,028 | ||
CENTURY CABLEVISION HOLDINGS, LLC | 3,762 | 111,537 | ||
CENTURY CAROLINA CORP. | 29,058 | 416,590 | ||
CENTURY CAROLINA CORP. (DILLON) | 18,953 | 299,633 | ||
CENTURY COLORADO SPRINGS PARTNERSHIP | 312 | 6,242 | ||
CENTURY COLORADO SPRINGS PARTNERSHIP | 2,876 | 88,873 | ||
CENTURY HUNTINGTON COMPANY | 160,061 | 2,667,710 | ||
CENTURY ISLAND ASSOCIATES, INC. | 33 | 459 | ||
CENTURY KANSAS CABLE TV CORP | 16,755 | 221,917 | ||
CENTURY LYKENS CABLE | 2,300 | 32,861 | ||
CENTURY MISSISSIPPI CORP. | 34,205 | 488,647 | ||
CENTURY MOUNTAIN CORP. | 1,308 | 26,152 | ||
CENTURY NORWICH CORP. | 52,668 | 1,003,204 | ||
CENTURY NORWICH CORP. | 63,435 | 1,057,249 | ||
CENTURY OHIO CABLE TELEVISION | 1,489 | 29,774 | ||
CENTURY OHIO CABLE TV CORP | 253 | 8,448 | ||
CENTURY OHIO TV CABLE CORP. | 1,178 | 39,282 | ||
CENTURY VENTURE CORP. | 31,718 | 1,016,326 | ||
CENTURY VIRGINIA CORP. | 440 | 7,652 | ||
CENTURY WYOMING CABLE TV | 136 | 1,648 | ||
CENTURY-TCI CA COMMUNICATIONS, L.P. | 5,332 | 177,729 | ||
CENTURY-TCI CA COMMUNICATIONS, L.P. | 3,231 | 107,697 | ||
CENTURY-TCI CA COMMUNICATIONS, L.P. | 20,571 | 342,851 | ||
CENTURY-TCI CA COMMUNICATIONS, L.P. | 26,321 | 438,679 | ||
CENTURY-TCI CA COMMUNICATIONS, L.P. | 63,910 | 1,065,174 | ||
CENTURY-TCI CA COMMUNICATIONS, L.P. | 12,334 | 246,684 | ||
CENTURY-TCI CA COMMUNICATIONS, L.P. | 44,037 | 927,098 | ||
CENTURY-TCI CA COMMUNICATIONS, L.P. | 40,291 | 503,635 | ||
CENTURY-TCI CA COMMUNICATIONS, L.P. | 1,123 | 16,639 | ||
CENTURY-TCI CA COMMUNICATIONS, L.P. | 34,250 | 684,997 | ||
CENTURY-TCI CA COMMUNICATIONS, L.P. | 153,347 | 1,533,471 | ||
CENTURY-TCI CA COMMUNICATIONS, LP | 908 | 16,112 | ||
CHCF-B | 474 | — | ||
CHECKPOINT SECURITY SYSTEM | 1 | 37 | ||
CHELSEA COMMUNICATIONS, LLC | 35 | 2,663 |
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BANKRUPTCY COURT REPORTING SCHEDULES
Schedule III Page 4 of 9
Court Reporting schedules for Sales and Other Taxes Due and Gross Taxable Sales
for the Month Ended November 30, 2004
Taxing Jurisdiction | Sales and Other Taxes Due | Gross Taxable Sales | ||
---|---|---|---|---|
CHELSEA COMMUNICATIONS, LLC | 4,236 | 60,508 | ||
CHELSEA COMMUNICATIONS, LLC | 66,787 | 1,011,899 | ||
CHELSEA COMMUNICATIONS, LLC | 4,448 | 82,030 | ||
CITY O F MONTEREY | — | 2 | ||
CITY OF ALAHAMBRA | 3 | 56 | ||
CITY OF ALGOURA HILLS | 12 | 245 | ||
CITY OF ARCADIA | 9 | 181 | ||
CITY OF ASOTIN | — | 3 | ||
CITY OF BALDWIN PARK | 7 | 222 | ||
CITY OF BELLEVUE | — | 2 | ||
CITY OF BOTHELL | 2 | 36 | ||
CITY OF BRAWLEY | 3 | 87 | ||
CITY OF BURBANK | 6 | 91 | ||
CITY OF CLAREMONT | 25 | 460 | ||
CITY OF COLFAX | 2 | 29 | ||
CITY OF COLTON | 5 | 137 | ||
CITY OF COMPTON | 1 | 5 | ||
CITY OF CULVER CITY | 7 | 61 | ||
CITY OF DESERT HOT SPRINGS | 4 | 80 | ||
CITY OF EL MONTE | 2 | 24 | ||
CITY OF ELK GROVE | 1 | 25 | ||
CITY OF FONTANA | 1 | 10 | ||
CITY OF GARDENA | — | 9 | ||
CITY OF GLENDALE | 2 | 27 | ||
CITY OF HAWTHORNE | 1 | 28 | ||
CITY OF HOLTVILLE | 1 | 17 | ||
CITY OF HUNTINGTON BEACH | — | 7 | ||
CITY OF INDIO | — | 3 | ||
CITY OF INGLEWOOD | 3 | 30 | ||
CITY OF IRVINE | — | 1 | ||
CITY OF KALAMA | 5 | 87 | ||
CITY OF KIRKLAND | 1 | 16 | ||
CITY OF LA HABRA | 25 | 417 | ||
CITY OF LA VERNE | — | 1 | ||
CITY OF LONG BEACH | 2 | 43 | ||
CITY OF LONGVIEW | 60 | 1,003 | ||
CITY OF LOS ANGELES | 617 | 6,164 | ||
CITY OF MAMMOTH LAKE | — | — | ||
CITY OF MORENO VALLEY | 29 | 489 | ||
CITY OF NORWALK | 2 | 36 | ||
CITY OF OAKLAND | — | 1 |
37
ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES
Schedule III Page 5 of 9
Court Reporting schedules for Sales and Other Taxes Due and Gross Taxable Sales
for the Month Ended November 30, 2004
Taxing Jurisdiction | Sales and Other Taxes Due | Gross Taxable Sales | ||
---|---|---|---|---|
CITY OF OLYMPIA | 1 | 16 | ||
CITY OF PALM SPRINGS | 1 | 10 | ||
CITY OF PALOUSE | 2 | 28 | ||
CITY OF PASADENA | 4 | 53 | ||
CITY OF PICO RIVERA | 6 | 115 | ||
CITY OF PLACENTIA | 7 | 212 | ||
CITY OF PORT HUENEME | — | — | ||
CITY OF PORTERVILLE | — | 7 | ||
CITY OF PULLMAN | 16 | 201 | ||
CITY OF REDONDO BEACH | 64 | 1,341 | ||
CITY OF RIALTO | 22 | 272 | ||
CITY OF RIVERSIDE | 3 | 50 | ||
CITY OF SALINAS | 1 | 10 | ||
CITY OF SAN BERNARDINO | 10 | 128 | ||
CITY OF SAN FRANCISCO | 1 | 8 | ||
CITY OF SAN GABRIEL | — | 5 | ||
CITY OF SAN JOSE | 2 | 30 | ||
CITY OF SAN LUIS OBISPO | — | 2 | ||
CITY OF SANTA ANA | 16 | 270 | ||
CITY OF SANTA BARBARA | — | 5 | ||
CITY OF SANTA CRUZ | 4 | 59 | ||
CITY OF SANTA MONICA | 155 | 1,552 | ||
CITY OF SANTA ROSA | — | 2 | ||
CITY OF SEAL BEACH | 15 | 135 | ||
CITY OF SEATTLE | — | 1 | ||
CITY OF SHORELINE | 1 | 17 | ||
CITY OF SIERRA MADRE | 3 | 52 | ||
CITY OF SPOKANE | 2 | 32 | ||
CITY OF STANWOOD | — | 1 | ||
CITY OF TACOMA | — | 5 | ||
CITY OF TORRANCE | — | 4 | ||
CITY OF VANCOUVER | 1 | 22 | ||
CITY OF VENTURA | 10 | 209 | ||
CITY OF WENATCHEE | — | 7 | ||
CITY OF WESTMINISTER | — | 3 | ||
CITY OF WHITTIER | 7 | 143 | ||
CITY OF WOODLAND | 3 | 51 | ||
CITY OF ZILLAH | — | 1 | ||
CMA CABLEVISION ASSOCIATES VII, L.P. | 161 | 3,212 | ||
CMA CABLEVISION ASSOCIATES VII, L.P. | 5,396 | 58,794 | ||
CMA CABLEVISION ASSOCIATES XI, L.P. | 8 | 103 |
38
ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES
Schedule III Page 6 of 9
Court Reporting schedules for Sales and Other Taxes Due and Gross Taxable Sales
for the Month Ended November 30, 2004
Taxing Jurisdiction | Sales and Other Taxes Due | Gross Taxable Sales | |||
---|---|---|---|---|---|
CMA CABLEVISION ASSOCIATES XI, L.P. | 66 | 914 | |||
CMA CABLEVISION ASSOCIATES XI, L.P. | 3,304 | 48,951 | |||
COMPTROLLER OF MARYLAND | 603 | 12,072 | |||
COUNTY OF LOS ANGELES | 138 | 2,753 | |||
COWLITZ CABLEVISION, INC. | 6,284 | 104,733 | |||
COWLITZ CABLEVISION, INC. | 21,283 | 354,723 | |||
COWLITZ CABLEVISION, INC. | 1,057 | 35,229 | |||
D.C. TREASURER | 11 | 99 | |||
DES MOINES | 2 | 30 | |||
EASTERN VIRGINIA CABLEVISION | 16,265 | 81,326 | |||
EASTERN VIRGINIA CABLEVISION | 52 | 1,037 | |||
EMPIRE SPORTS PARTNERS, L.P. | — | 1 | |||
FRONTIERVISION CABLE NEW ENGLAND, INC. | 77 | 2,577 | |||
FRONTIERVISION OPERATING PARTNERS | 4,133 | 89,044 | |||
FRONTIERVISION OPERATING PARTNERS | 248,919 | 4,990,514 | |||
FRONTIERVISION OPERATING PARTNERS | 26,739 | 381,984 | |||
FRONTIERVISION OPERATING PARTNERS | 1,542 | 34,599 | |||
FRONTIERVISION OPERATING PARTNERS | 131,400 | 3,876,429 | |||
FRONTIERVISION OPERATING PARTNERS 89-034419 | 32,538 | 472,799 | |||
FRONTIERVISION OPERATING PARTNERS 99-032417 | 898 | 17,958 | |||
FRONTIERVISION OPERATING PARTNERS, L.P. | 16,511 | 275,183 | |||
FRONTIERVISION OPERATING PARTNERS, L.P. | 471 | 9,413 | |||
FRONTIERVISION OPERATING PARTNERS, L.P. | 296 | 4,827 | |||
FRONTIERVISION OPERATING PARTNERS, L.P. | 32,737 | 546,784 | |||
FRONTIERVISION OPERATING PARTNERS, L.P. | 2,271 | 45,419 | |||
FRONTIERVISION OPERATING PARTNERS, L.P. | 61,664 | 680,267 | |||
GENESIS CABLE COMMUNICATIONS | 4,156 | 74,472 | |||
GENESIS CABLE COMMUNICATIONS, LLC | 5,812 | 89,159 | |||
GENESIS CABLE COMMUNICATIONS, LLC | 4,407 | 62,950 | |||
GENESIS CABLE MANAGEMENT, INC. | (57 | ) | (691 | ) | |
GENESIS CABLE OF MISSISSIPPI | 138 | 22,359 | |||
GLOBAL ACQUISITION PARTNERS, L.P. | 15,723 | 157,231 | |||
GLOBAL ACQUISITION PARTNERS, L.P. (FR) | 532 | 7,604 | |||
GLOBAL ACQUISITION PARTNERS, L.P. (LEX) | 154 | 3,081 | |||
GLOBAL ACQUISITION PARTNERS, L.P. (WIN) | 1,383 | 27,663 | |||
GS CABLE, LLC | 7,172 | 143,694 | |||
HARRON CABLEVISION OF NH, INC. | 56,769 | 810,982 | |||
ID USF | 23 | — | |||
IMPERIAL VALLEY CABLEVISION | 8,329 | 208,226 | |||
IMPERIAL VALLEY CABLEVISION | 2,956 | 42,232 |
39
ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES
Schedule III Page 7 of 9
Court Reporting schedules for Sales and Other Taxes Due and Gross Taxable Sales
for the Month Ended November 30, 2004
Taxing Jurisdiction | Sales and Other Taxes Due | Gross Taxable Sales | ||
---|---|---|---|---|
KALAMAZOO COUNTY CABLEVISION, INC. | 171 | 3,416 | ||
KEY BISCAYNE CABLEVISION | 29,568 | 198,580 | ||
KEY BISCAYNE CABLEVISION | 1,431 | 17,345 | ||
KOOTENAI CABLE INC. | 3,844 | 59,260 | ||
LAKE CHAMPLAIN CABLE TELEVISION | 23,942 | 399,039 | ||
LOUISA CABLEVISION, INC. | 7 | 485 | ||
MARTHA'S VINEYARD CABLEVISION, LP | 604 | 8,632 | ||
MERCOM OF FLORIDA, INC. | 13,628 | 124,194 | ||
MICKELSON MEDIA, INC. | 37,808 | 300,523 | ||
MICKELSON MEDIA, INC. | 656 | 8,201 | ||
MICKELSON MEDIA, INC. | 1,595 | 22,163 | ||
MOUNTAIN CABLE COMPANY | 204,621 | 3,416,642 | ||
MOUNTAIN CABLE COMPANY, L.P. | 7,661 | 109,440 | ||
MULTI-CHANNEL TV CABLE COMPANY | 20,198 | 336,639 | ||
NATIONAL CABLE (BELLE GLADE) | 444 | 7,406 | ||
NATIONAL CABLE (CLEWISTON) | 111 | 3,703 | ||
NATIONAL CABLE ACQUISITION ASSOCIATES, L.P. | 432,401 | 3,021,940 | ||
NATIONAL CABLE ACQUISITION ASSOCIATES, L.P. | 8,746 | 156,954 | ||
NECA PAUSF | 1,367 | — | ||
NECA VUSF | 211 | 16,648 | ||
NYS ESTIMATED CORPORATION TAX | 272 | 72,552 | ||
NYS ESTIMATED CORPORATION TAX | 2,732 | 109,268 | ||
OWENSBORO ON THE AIR | 931 | 31,019 | ||
OWENSBORO ON THE AIR, INC. | 4,240 | 82,259 | ||
OWENSBORO-BRUNSWICK, INC. | 9,034 | 150,565 | ||
PA DEPT. OF REVENUE | 4,792 | 95,801 | ||
PARNASSOS, L.P. | 3,526 | 64,052 | ||
PARNASSOS, L.P. | 13,198 | 217,422 | ||
PARNASSOS, LP (ASHTABULA) | 3,182 | 58,794 | ||
PARNASSOS, LP (LAKE) | 255 | 50,853 | ||
PARNASSOS, LP (LORIAN, VERMILLION) | 4,633 | 77,821 | ||
PERICLES COMMUNICATIONS CORPORATION | 168 | 3,042 | ||
PSU | 226 | — | ||
PULLMAN TV CABLE CO. | 851 | 14,183 | ||
PULLMAN TV CABLE COMPANY | 423 | 7,058 | ||
PULLMAN TV CABLE COMPANY | 331 | 11,040 | ||
PULLMAN TV CABLE COMPANY | 234 | 7,794 | ||
RENTAVISION OF BRUNSWICK, INC. | 293 | 9,773 | ||
RICHMOND CABLE TELEVISION CORP. | 6,534 | 108,896 | ||
ROBINSON/PLUM CABLEVISION, L.P. | 10,134 | 155,647 | ||
SCRANTON CABLEVISION, INC. | 28,536 | 923,426 |
40
ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES
Schedule III Page 8 of 9
Court Reporting schedules for Sales and Other Taxes Due and Gross Taxable Sales
for the Month Ended November 30, 2004
Taxing Jurisdiction | Sales and Other Taxes Due | Gross Taxable Sales | |||
---|---|---|---|---|---|
SOUTHEAST FLORIDA CABLE, INC. | 824,978 | 6,564,819 | |||
SOUTHEAST FLORIDA CABLE, INC. | 15,069 | 253,452 | |||
SOUTHEAST FLORIDA CABLE, INC. (MARTIN) | 556 | 8,045 | |||
SOUTHEAST FLORIDA CABLE, INC. (ST. LUCIE) | 7,369 | 113,370 | |||
SOUTHWEST COLORADO CABLE INC. | 1,926 | 32,095 | |||
SOUTHWEST COLORADO CABLE INC. | 3 | 45 | |||
ST. LUCIE WEST CABLEVISION | 296 | 11,824 | |||
STARPOINT, LTD (MIAMI — BOCA BRANCH) | 23,352 | 389,206 | |||
STARPOINT, LTD (MIAMI BRANCH) | 10,523 | 103,551 | |||
STARPOINT, LTD (NAPLES) | 8,967 | 277,697 | |||
STARPOINT, LTD (ORLANDO) | 3,443 | 57,383 | |||
STARPOINT, LTD (TAMPA) | 7,099 | 88,450 | |||
STARPOINT, LTD- ADELPHIA SECURITY | 5,432 | 71,779 | |||
STATE OF NEW HAMPSHIRE | 1,359 | 19,408 | |||
SVHH CABLE ACQUISITION, L.P. | 2,036 | 33,936 | |||
SVHH CABLE ACQUISITION, L.P. | 187 | 7,272 | |||
SVHH CABLE ACQUISITION, L.P. | 2,366 | 47,321 | |||
TELE-MEDIA INVESTMENT PARTNERSHIP | 166,424 | 1,153,344 | |||
TELE-MEDIA INVESTMENT PARTNERSHIP | 1,273 | 42,435 | |||
TELESAT ACQUISITION, L.P. | 225,767 | 1,591,682 | |||
TELESAT ACQUISITION, L.P. (CENTRAL) | 5,652 | 66,850 | |||
TELESAT ACQUISITION, L.P. (CITRUS) | 173 | 5,750 | |||
TELESAT ACQUISITION, L.P. (OSCEOLA) | 108 | 1,308 | |||
TELESAT ACQUISITION, L.P. (WESTERN) | (114 | ) | (1,906 | ) | |
THREE RIVERS CABLE ASSOCIATES, L.P. | 435 | 14,494 | |||
THREE RIVERS CABLE ASSOCIATES, L.P. | 746 | 11,002 | |||
UCA, LLC | 48,834 | 488,340 | |||
UCA, LLC | 8,223 | 113,424 | |||
UCA, LLC | 12,744 | 230,266 | |||
UCA, LLC | 3,384 | 73,268 | |||
UCA, LLC | 27,491 | 274,911 | |||
USAC | 3,232 | — | |||
VALLEY VIDEO, INC. | 50 | 1,669 | |||
VAN BUREN COUNTY CABLEVISION, INC. | 451 | 10,638 | |||
WARRICK CABLEVISION, INC. | 11,066 | 184,428 |
41
ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES
Schedule III Page 9 of 9
Court Reporting schedules for Sales and Other Taxes Due and Gross Taxable Sales
for the Month Ended November 30, 2004
Taxing Jurisdiction | Sales and Other Taxes Due | Gross Taxable Sales | ||||
---|---|---|---|---|---|---|
WELLSVILLE CABLEVISION, LLC | 104 | 2,483 | ||||
WEST BOCA ACQUISITION, L.P. | 218,392 | 1,467,106 | ||||
WEST BOCA ACQUISTION, L.P. | 7,687 | 128,117 | ||||
WILDERNESS CABLE COMPANY | 11,954 | 199,233 | ||||
YOUNG'S CABLE TV CORPORATION | 714 | 12,073 | ||||
YOUNG'S CABLE TV CORPORATION | 29,190 | 486,495 | ||||
$ | 6,665,199 | $ | 82,147,403 | |||
Note (A): The 911 surcharge is based upon the number of phone lines and not as a function of gross taxable sales.
42
ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES
Schedule IV Page 1 of 5
Court Reporting schedules for Real Estate and Personal Property Taxes Paid
for the Month Ended November 30, 2004
Payee | Amount Paid | Check Date | |||
---|---|---|---|---|---|
ALACHUA COUNTY | $ | 2,678 | 11/23/04 | ||
ASCOM HASLER/GE CAP PROG | 46 | 11/27/04 | |||
ATHENS COUNTY TREASURER | 43,088 | 11/23/04 | |||
BAILEYVILLE TOWN | 4,656 | 11/23/04 | |||
BALDWIN TOWN | 2,269 | 11/04/04 | |||
BARTOW COUNTY | 123 | 11/04/04 | |||
BETHEL TOWN | 4,825 | 11/10/04 | |||
BLACKBURN CENTER, LLC | 433 | 11/27/04 | |||
BOYLE COUNTY FISCAL COURT | 1,180 | 11/23/04 | |||
BRECKENRIDGE COUNTY SHERIFF | 89 | 11/23/04 | |||
BREVARD COUNTY | — | 11/30/04 | |||
BRIDGTON TOWN | 227 | 11/04/04 | |||
BRIDGTON TOWN | 33,169 | 11/10/04 | |||
BROOKFIELD TOWN | 416 | 11/04/04 | |||
BROWARD COUNTY BOARD OF COUNTY | 235,900 | 11/24/04 | |||
BURLINGTON CITY | 19,117 | 11/08/04 | |||
CAL & JOANNE FAMILY LTD PRTNRSP | 200 | 11/23/04 | |||
CAMDEN TOWN | 5,214 | 11/10/04 | |||
CITY OF LEBANON | — | 11/30/04 | |||
CITY OF LYNCHBURG | 1,977 | 11/11/04 | |||
CITY OF MONTPELIER | 11,370 | 11/10/04 | |||
CITY OF NEWPORT | 15,479 | 11/04/04 | |||
CITY OF SOUTH BURLINGTON | 35,747 | 11/10/04 | |||
CLAREMONT | — | 11/30/04 | |||
COLLIER COUNTY TAX COLLECTOR | 5,649 | 11/19/04 | |||
COUNTY OF CITRUS | 85,326 | 11/17/04 | |||
COUNTY OF CITRUS | 8,957 | 11/18/04 | |||
COUNTY OF CITRUS | 8,185 | 11/22/04 | |||
COUNTY OF CITRUS | 1,415 | 11/23/04 | |||
COUNTY OF HILLSBOROUGH | 86,044 | 11/23/04 | |||
COUNTY OF OSCEOLA | — | 11/30/04 | |||
COUNTY OF PULASKI | — | 11/10/04 | |||
COUNTY OF WISE | 13,613 | 11/10/04 | |||
DADE COUNTY TAX COLLECTOR | 768,099 | 11/22/04 | |||
DE LAGE LANDEN FINANCIAL SERV | 144 | 11/09/04 | |||
DORIS LAWTON | 936 | 11/12/04 | |||
DORIS LAWTON | 170 | 11/27/04 | |||
DOUG BELDON, TAX COLLECTOR | 386 | 11/19/04 | |||
EARL WOOD TAX COLLECTOR | 627 | 11/19/04 | |||
EASTLAKE COMMERCIAL | 58 | 11/23/04 |
43
ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES
Schedule IV Page 2 of 5
Court Reporting schedules for Real Estate and Personal Property Taxes Paid
for the Month Ended November 30, 2004
Payee | Amount Paid | Check Date | ||
---|---|---|---|---|
EDGECOMB TOWN TAX COLLECTOR | 158 | 11/23/04 | ||
FAIR HAVEN TOWN TREASURER | 3,430 | 11/08/04 | ||
FAIRFIELD COUNTY TREASURER | 13,473 | 11/11/04 | ||
FLING A. TRAYLOR | 19,840 | 11/08/04 | ||
FORSYTH COUNTY TAX COLLECTOR | 137 | 11/10/04 | ||
FREDERICKSBURG CITY TREASURER | 135 | 11/04/04 | ||
FRENCHBURG CITY TAX | 201 | 11/08/04 | ||
FROSTBURG CITY TAX | 10,359 | 11/22/04 | ||
GE CAPITAL FLEET SERVICES | 6,076 | 11/10/04 | ||
GE CAPITAL FLEET SERVICES | 338 | 11/12/04 | ||
GE CAPITAL FLEET SERVICES | 75 | 11/16/04 | ||
GILMER COUNTY SHERIFF | 847 | 11/22/04 | ||
GLADES COUNTY | 34,622 | 11/22/04 | ||
GLENN FALLS CITY TREASURER | 4,461 | 11/04/04 | ||
GLYNN COUNTY TAX COMMISSIONER | 3,000 | 11/12/04 | ||
GWINNETT COUNTY | 84,014 | 11/10/04 | ||
HALIFAX TOWN TREASURER | 11,600 | 11/17/04 | ||
HALL COUNTY TAX COMMISSIONER | — | 11/30/04 | ||
HANCOCK TOWN | 3,198 | 11/04/04 | ||
HANCOCK TOWN TAX TREASURER | 2,939 | 11/23/04 | ||
HARRISON COUNTY | 533 | 11/10/04 | ||
HENDRY COUNTY | 12,572 | 11/23/04 | ||
HONORABLE CELESTE SMITH | 4,087 | 11/24/04 | ||
IOS CAPITAL | 390 | 11/11/04 | ||
JAMES S. HENDERSON | 919 | 11/18/04 | ||
JEFFERSON COUNTY TREASURER | 25,770 | 11/04/04 | ||
KIR TEMECULA L.P. | 105 | 11/24/04 | ||
LARRY C O'STEEN | — | 11/22/04 | ||
LARRY C O'STEEN | 3,229 | 11/23/04 | ||
LARRY C O'STEEN | 243,356 | 11/24/04 | ||
LARRY SCHREDER | 991 | 11/12/04 | ||
LEE COUNTY TAX COLLECTOR | 2,400 | 11/19/04 | ||
LENOX TOWN TAX COLLECTOR | 2,320 | 11/10/04 | ||
LINCOLN COUNTY TREASURER | 1,413 | 11/22/04 | ||
LLB INVESTMENTS | 5,021 | 11/09/04 | ||
LOS ANGELES COUNTY | 2,336 | 11/22/04 | ||
LOS ANGELES COUNTY CA | 20,623 | 11/10/04 | ||
LUFKIN WILLIAM L | 469 | 11/10/04 | ||
MARINA LAKES GOLF COURSE | 2,012 | 11/17/04 | ||
MARION COUNTY | 15,556 | 11/23/04 |
44
ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES
Schedule IV Page 3 of 5
Court Reporting schedules for Real Estate and Personal Property Taxes Paid
for the Month Ended November 30, 2004
Payee | Amount Paid | Check Date | ||
---|---|---|---|---|
NASSAU COUNTY | — | 11/30/04 | ||
NEWPORT TOWN | 3,602 | 11/10/04 | ||
NIAGARA FALLS SCHOOL DISTRICT | 2,565 | 11/23/04 | ||
OCONEE COUNTY | 2,250 | 11/04/04 | ||
OKEECHOBEE COUNTY TAX COLLECTOR | 53,240 | 11/23/04 | ||
ORANGE COUNTY | 2,660 | 11/12/04 | ||
ORANGE COUNTY | — | 11/23/04 | ||
ORANGE COUNTY | 283,200 | 11/24/04 | ||
ORLEANS VILLAGE TREASURER | 5,125 | 11/04/04 | ||
OSSIPEE TAX DEPARTMENT | — | 11/30/04 | ||
PAGE COUNTY | — | 11/30/04 | ||
PALM BEACH COUNTY TAX COLLECTOR | 1,508 | 11/19/04 | ||
PALM BEACH COUNTY TAX COLLECTOR | — | 11/22/04 | ||
PALM BEACH COUNTY TAX COLLECTOR | 2,806,343 | 11/24/04 | ||
PARK CENTRE DEVELOPMENT, INC. | 19 | 11/30/04 | ||
PITNEY BOWES CREDIT CORPORATION | 220 | 11/04/04 | ||
PITNEY BOWES CREDIT CORPORATION | 20 | 11/05/04 | ||
PITNEY BOWES CREDIT CORPORATION | 61 | 11/08/04 | ||
POLK COUNTY TREASURE | 13,625 | 11/23/04 | ||
RICHMOND TOWN | 5,701 | 11/10/04 | ||
RITE AID CORORATION | 252 | 11/23/04 | ||
ROCKPORT TOWN | 6,335 | 11/11/04 | ||
SEANCONY, LP | 635 | 11/22/04 | ||
SHAW INDUSTRIES, LLC | 14,334 | 11/17/04 | ||
SMITHFIELD TOWN | 2,853 | 11/23/04 | ||
SPENCER COUNTY | 783 | 11/04/04 | ||
ST ALBANS TOWN | 4,206 | 11/08/04 | ||
ST LUCIE COUNTY | 594,027 | 11/23/04 | ||
STATE OF MARYLAND | 300 | 11/15/04 | ||
STOKES COUNTY | 105 | 11/23/04 | ||
TOWN OF ALNA | — | 11/30/04 | ||
TOWN OF ASHLAND | 5,204 | 11/23/04 | ||
TOWN OF BARTON | 8,045 | 11/04/04 | ||
TOWN OF BENNINGTON | 63,210 | 11/04/04 | ||
TOWN OF BENNINGTON | 43,186 | 11/24/04 | ||
TOWN OF BERLIN | 32,023 | 11/10/04 | ||
TOWN OF BERLIN | 2,900 | 11/11/04 | ||
TOWN OF CANTON | 12,324 | 11/04/04 | ||
TOWN OF CARVER | 7,426 | 11/10/04 |
45
ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES
Schedule IV Page 4 of 5
Court Reporting schedules for Real Estate and Personal Property Taxes Paid
for the Month Ended November 30, 2004
Payee | Amount Paid | Check Date | ||
---|---|---|---|---|
TOWN OF CHARLOTTE | 3,174 | 11/04/04 | ||
TOWN OF CHESHIRE | 317 | 11/17/04 | ||
TOWN OF CHILMARK | 544 | 11/10/04 | ||
TOWN OF COLCHESTER | 39,170 | 11/10/04 | ||
TOWN OF FALMOUTH | — | 11/30/04 | ||
TOWN OF HINESBURG | 4,521 | 11/04/04 | ||
TOWN OF JERICHO | 4,657 | 11/10/04 | ||
TOWN OF KINGFIELD TREASURER | — | 11/30/04 | ||
TOWN OF KINGSTON | — | 11/30/04 | ||
TOWN OF LINCOLN | 19,452 | 11/04/04 | ||
TOWN OF LIVERMORE | 6,569 | 11/04/04 | ||
TOWN OF LONDONDERRY | — | 11/30/04 | ||
TOWN OF LUDLOW | 27,384 | 11/10/04 | ||
TOWN OF MIDDLEBURY | 3,231 | 11/08/04 | ||
TOWN OF MIDDLESEX | 2,269 | 11/04/04 | ||
TOWN OF MIDDLESEX | 677 | 11/24/04 | ||
TOWN OF MORRISTOWN | 2,614 | 11/04/04 | ||
TOWN OF NEW VINEYARD | 363 | 11/23/04 | ||
TOWN OF OWL'S HEAD | 741 | 11/12/04 | ||
TOWN OF PITTSFORD | 3,382 | 11/08/04 | ||
TOWN OF POWNAL | 12,193 | 11/04/04 | ||
TOWN OF PUTNEY | 3,430 | 11/08/04 | ||
TOWN OF ROCKINGHAM | 2,233 | 11/08/04 | ||
TOWN OF RUMNEY | — | 11/30/04 | ||
TOWN OF SHAFTSBURY | 6,971 | 11/04/04 | ||
TOWN OF TEMPLE | — | 11/30/04 | ||
TOWN OF WALES, MAINE | 1,125 | 11/23/04 | ||
TOWN OF WARREN | 11,087 | 11/04/04 | ||
TOWN OF WATERBURY | 1,430 | 11/08/04 | ||
TOWN OF WATERFORD TAX COLLECTOR | — | 11/30/04 | ||
TOWN OF WEATHERSFIELD | 758 | 11/08/04 | ||
TOWN OF WELD | 2,699 | 11/17/04 | ||
TOWN OF WHITEFIELD | — | 11/30/04 | ||
TOWN OF WILLISTON | 21,637 | 11/08/04 | ||
TREASURER, TOWN OF EAST | 3,485 | 11/04/04 | ||
TSC, LC | 435 | 11/22/04 | ||
UNION COUNTY SHERIFF TREASURER | 622 | 11/24/04 | ||
UNION TOWN | 7,452 | 11/04/04 | ||
UNITY TOWN TREASURER | 2,642 | 11/23/04 | ||
VILLAGE OF NORTH BENNINGTON | 8,131 | 11/04/04 |
46
ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES
Schedule IV Page 5 of 5
Court Reporting schedules for Real Estate and Personal Property Taxes Paid
for the Month Ended November 30, 2004
Payee | Amount Paid | Check Date | ||||
---|---|---|---|---|---|---|
VILLAGE OF NORTH BENNINGTON | 3,264 | 11/24/04 | ||||
VILLAGE OF OLD BENNINGTON | 268 | 11/24/04 | ||||
WALDOBORO TOWN | 4,911 | 11/04/04 | ||||
WARRICK COUNTY TREASURER | 29,599 | 11/08/04 | ||||
WASHINGTON COUNTY | 8,066 | 11/23/04 | ||||
WEST RUTLAND TOWN | 2,676 | 11/08/04 | ||||
WINDSOR TOWN | 1,613 | 11/23/04 | ||||
WISCASSET TOWN | 3,677 | 11/23/04 | ||||
WOLCOTT TOWN | 460 | 11/08/04 | ||||
YADKIN COUNTY | — | 11/30/04 | ||||
Total | $ | 6,179,033 | ||||
47
ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES
Schedule V Page 1 of 5
Court Reporting schedules for Sales and Other Taxes Paid
for the Month Ended November 30, 2004
Taxing Jurisdiction | Tax Type | Amount Paid | Date Paid | ||||
---|---|---|---|---|---|---|---|
FLAMINGO PARK OF COM | Telecommunications Tax | $ | 35 | 11/03/04 | |||
BOARD OF EQUALIZATION | Gross Receipts Tax | 178 | 11/04/04 | ||||
CALIFORNIA HIGH COST FUND — A | Gross Receipts Tax | 35 | 11/08/04 | ||||
UNIVERSAL LIFETIME TELEPHONE SE | Gross Receipts Tax | 236 | 11/08/04 | ||||
CALIFORNIA HIGH COST FUND-B | Sales Tax | 473 | 11/08/04 | ||||
CALIFORNIA TELECONNECT FUND | Sales Tax | 33 | 11/08/04 | ||||
DEAF TRUST | Sales Tax | 63 | 11/08/04 | ||||
STATE OF NEW HAMPSHIRE | Utility Tax | 95,054 | 11/08/04 | ||||
INTERNAL REVENUE SERVICE | Federal Excise Tax | 41,558 | 11/10/04 | ||||
PUBLIC UTILITY COMMISSION OF | Gross Receipts Tax | 10 | 11/10/04 | ||||
ARIZONA DEPARTMENT OF REVENUE | Sales Tax | 23 | 11/10/04 | ||||
OKLAHOMA TAX COMMISSION | Sales Tax | 507 | 11/10/04 | ||||
STATE TAX DEPARTMENT | Sales Tax | 36,668 | 11/10/04 | ||||
CITY OF BALDWIN PARK | Utility Tax | 5,268 | 11/10/04 | ||||
CITY OF BEAUMONT | Utility Tax | 3,160 | 11/10/04 | ||||
CITY OF BRAWLEY | Utility Tax | 8,420 | 11/10/04 | ||||
CITY OF FONTANA | Utility Tax | 2,185 | 11/10/04 | ||||
CITY OF HERMOSA BEACH | Utility Tax | 20,253 | 11/10/04 | ||||
CITY OF HOLTVILLE | Utility Tax | 2,047 | 11/10/04 | ||||
CITY OF LA HABRA | Utility Tax | 26,381 | 11/10/04 | ||||
CITY OF MORENO VALLEY | Utility Tax | 64,600 | 11/10/04 | ||||
CITY OF PICO RIVERA | Utility Tax | 12,154 | 11/10/04 | ||||
CITY OF PLACENTIA | Utility Tax | 15,542 | 11/10/04 | ||||
CITY OF PORT HUENEME | Utility Tax | 10,678 | 11/10/04 | ||||
CITY OF RIALTO | Utility Tax | 42,581 | 11/10/04 | ||||
CITY OF SAN BERNARDINO | Utility Tax | 63,770 | 11/10/04 | ||||
CITY OF SANTA MONICA | Utility Tax | 387 | 11/10/04 | ||||
BOARD OF EQUALIZATION | Sales Tax | 32 | 11/11/04 | ||||
CITY OF COLORADO SPRINGS | Sales Tax | 155 | 11/11/04 | ||||
COLORADO DEPARTMENT OF REVENUE | Sales Tax | 953 | 11/11/04 | ||||
COMMONWEALTH OF MASS | Sales Tax | 6,949 | 11/11/04 | ||||
IDAHO STATE TAX COMMISSION | Sales Tax | 4,171 | 11/11/04 | ||||
INDIANA DEPT OF REVENUE | Sales Tax | 66 | 11/11/04 | ||||
NORTH CAROLINA DEPT OF REVENUE | Sales Tax | 16,301 | 11/11/04 | ||||
STATE TAX DEPARTMENT | Sales Tax | 87,990 | 11/11/04 | ||||
TREASURER STATE OF OHIO | Sales Tax | 25,029 | 11/11/04 | ||||
(blank) | Sales Tax | 278 | 11/11/04 | ||||
CITY OF REDONDO BEACH CA | Utility Tax | 43,386 | 11/11/04 | ||||
CITY OF SAN BUENAVENTURA | Utility Tax | 34,622 | 11/11/04 |
48
ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES
Schedule V Page 2 of 5
Court Reporting schedules for Sales and Other Taxes Paid
for the Month Ended November 30, 2004
Taxing Jurisdiction | Tax Type | Amount Paid | Date Paid | |||
---|---|---|---|---|---|---|
CITY OF SANTA MONICA | Utility Tax | 151,306 | 11/11/04 | |||
CITY OF WINCHESTER | Utility Tax | 15,894 | 11/11/04 | |||
PETERSBURG CITY O(T) | Utility Tax | 24,612 | 11/11/04 | |||
TOWN OF MT CRESTED BUTTE | Utility Tax | 1,415 | 11/11/04 | |||
TOWN OF SOUTH BOSTON | Utility Tax | 4,355 | 11/11/04 | |||
CITY OF PULLMAN | Gross Receipts Tax | 17 | 11/12/04 | |||
CITY OF RIVERSIDE | Gross Receipts Tax | 6 | 11/12/04 | |||
STATE OF NEW HAMPSHIRE | Gross Receipts Tax | 1,424 | 11/12/04 | |||
FLORIDA DEPT OF REVENUE | Sales Tax | 13,915 | 11/12/04 | |||
INDIANA DEPT OF REVENUE | Sales Tax | 1,742 | 11/12/04 | |||
MISSISSIPPI STATE TAX COMMISSIO | Sales Tax | 41,044 | 11/12/04 | |||
ASHLAND INDEPENDENT BOARD OF | Utility Tax | 10,371 | 11/12/04 | |||
BATH COUNTY SCHOOL D | Utility Tax | 1,220 | 11/12/04 | |||
BEREA INDEPENDENT SCHOOL DIST | Utility Tax | 2,388 | 11/12/04 | |||
BOURBON COUNTY SCHOOL | Utility Tax | 593 | 11/12/04 | |||
BOYD COUNTY SCHOOL D | Utility Tax | 2,831 | 11/12/04 | |||
BOYLE COUNTY SCHOOL DISTRICT | Utility Tax | 1,581 | 11/12/04 | |||
BREATHITT COUNTY SCH | Utility Tax | 1,078 | 11/12/04 | |||
BRECKINRIDGE COUNTY BOARD OF | Utility Tax | 720 | 11/12/04 | |||
BURGIN EDUCATION BO | Utility Tax | 329 | 11/12/04 | |||
BUTLER COUNTY SCHOOL DISTRICT | Utility Tax | 54 | 11/12/04 | |||
CARTER COUNTY SCHOOL | Utility Tax | 1,674 | 11/12/04 | |||
CLOVERPORT BOARD OF EDUCATION | Utility Tax | 256 | 11/12/04 | |||
DANVILLE INDEPENDENT SCHOOL DIS | Utility Tax | 4,687 | 11/12/04 | |||
DAVIESS CO BOARD OF EDUCATION | Utility Tax | 16,588 | 11/12/04 | |||
ELLIOTT COUNTY SCHOO | Utility Tax | 255 | 11/12/04 | |||
FRANKLIN COUNTY SCHOOL DISTRICT | Utility Tax | 104 | 11/12/04 | |||
GARRARD COUNTY SCHOOL DISTRICT | Utility Tax | 976 | 11/12/04 | |||
HANCOCK COUNTY BOARD OF | Utility Tax | 769 | 11/12/04 | |||
HARLAN COUNTY SCHOOL | Utility Tax | 232 | 11/12/04 | |||
HARRISON COUNTY SCHOOL DISTRICT | Utility Tax | 2,628 | 11/12/04 | |||
HARRODSBURG BOARD OF EDUCATION | Utility Tax | 2,680 | 11/12/04 | |||
HENDERSON CO BOARD OF EDUCATION | Utility Tax | 2,369 | 11/12/04 | |||
JACKSON INDEPENDENT SCHOOLS | Utility Tax | 504 | 11/12/04 | |||
JESSAMINE COUNTY BOARD OF EDUCA | Utility Tax | 7,668 | 11/12/04 | |||
LAUREL COUNTY SCHOOL | Utility Tax | 11,634 | 11/12/04 | |||
LEE COUNTY SCHOOL DI | Utility Tax | 1,095 | 11/12/04 | |||
LESLIE COUNTY SCHOOL | Utility Tax | 1,006 | 11/12/04 | |||
LETCHER COUNTY BOARD OF EDUCATI | Utility Tax | 781 | 11/12/04 | |||
LEWIS COUNTY BOARD OF | Utility Tax | 932 | 11/12/04 |
49
ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES
Schedule V Page 3 of 5
Court Reporting schedules for Sales and Other Taxes Paid
for the Month Ended November 30, 2004
Taxing Jurisdiction | Tax Type | Amount Paid | Date Paid | |||
---|---|---|---|---|---|---|
LEWIS COUNTY SCHOOL | Utility Tax | 290 | 11/12/04 | |||
LINCOLN COUNTY BOARD OF EDUCATI | Utility Tax | 1,308 | 11/12/04 | |||
LOGAN COUNTY SCHOOL DISTRICT | Utility Tax | 41 | 11/12/04 | |||
STATE OF NEW HAMPSHIRE | Utility Tax | 24,804 | 11/12/04 | |||
ALABAMA DEPARTMENT OF REVENUE | Gross Receipts Tax | 237 | 11/15/04 | |||
BOARD OF EQUALIZATION | Gross Receipts Tax | 157 | 11/15/04 | |||
BOYD COUNTY SCHOOL D | Gross Receipts Tax | 10 | 11/15/04 | |||
CITY OF ARCADIA | Gross Receipts Tax | 10 | 11/15/04 | |||
CITY OF BRAWLEY | Gross Receipts Tax | 6 | 11/15/04 | |||
CITY OF CULVER CITY | Gross Receipts Tax | 9 | 11/15/04 | |||
CITY OF LA HABRA | Gross Receipts Tax | 28 | 11/15/04 | |||
CITY OF LOS ANGELES | Gross Receipts Tax | 606 | 11/15/04 | |||
CITY OF MORENO VALLEY | Gross Receipts Tax | 32 | 11/15/04 | |||
CITY OF PASADENA | Gross Receipts Tax | 5 | 11/15/04 | |||
CITY OF PICO RIVERA | Gross Receipts Tax | 6 | 11/15/04 | |||
CITY OF PLACENTIA | Gross Receipts Tax | 8 | 11/15/04 | |||
CITY OF REDONDO BEACH | Gross Receipts Tax | 67 | 11/15/04 | |||
CITY OF SAN BERNARDINO | Gross Receipts Tax | 10 | 11/15/04 | |||
CITY OF SANTA ANA | Gross Receipts Tax | 13 | 11/15/04 | |||
CITY OF SEAL BEACH | Gross Receipts Tax | 19 | 11/15/04 | |||
CITY OF SIERRA MADRE | Gross Receipts Tax | 7 | 11/15/04 | |||
CITY OF VENTURA | Gross Receipts Tax | 10 | 11/15/04 | |||
CITY OF WHITTIER | Gross Receipts Tax | 11 | 11/15/04 | |||
DAVIESS CO BOARD OF EDUCATION | Gross Receipts Tax | 11 | 11/15/04 | |||
IDAHO UNIVERSAL SERV | Gross Receipts Tax | 22 | 11/15/04 | |||
MADISON COUNTY SCHOOL DISTRICT | Gross Receipts Tax | 24 | 11/15/04 | |||
NECA VUSF | Gross Receipts Tax | 215 | 11/15/04 | |||
MAINE REVENUE SERVICES | Sales Tax | 5,928 | 11/15/04 | |||
TREASURER STATE OF OHIO | Sales Tax | 3,721 | 11/15/04 | |||
CITY OF CHARLOTTSVILLE | Utility Tax | 54,008 | 11/15/04 | |||
CITY OF WAYNESBORO | Utility Tax | 27,609 | 11/15/04 | |||
COUNTY OF MONTGOMERY | Utility Tax | 8,024 | 11/15/04 | |||
MADISON COUNTY SCHOOL DISTRICT | Utility Tax | 18,987 | 11/15/04 | |||
MARION COUNTY SCHOOL | Utility Tax | 2,707 | 11/15/04 | |||
MCLEAN COUNTY SCHOOL DISTRICT | Utility Tax | 764 | 11/15/04 | |||
MENIFEE COUNTY SCHOO | Utility Tax | 445 | 11/15/04 | |||
MERCER COUNTY SCHOOL DISTRICT | Utility Tax | 1,804 | 11/15/04 | |||
MORGAN COUNTY SCHOOL | Utility Tax | 1,064 | 11/15/04 | |||
NELSON COUNTY BOARD OF EDUCATIO | Utility Tax | 1,350 | 11/15/04 | |||
NICHOLAS COUNTY SCHO | Utility Tax | 677 | 11/15/04 |
50
ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES
Schedule V Page 4 of 5
Court Reporting schedules for Sales and Other Taxes Paid
for the Month Ended November 30, 2004
Taxing Jurisdiction | Tax Type | Amount Paid | Date Paid | |||
---|---|---|---|---|---|---|
OHIO COUNTY SCHOOL DISTRICT | Utility Tax | 18 | 11/15/04 | |||
OWENSBORO BOARD OF EDUCATION | Utility Tax | 11,492 | 11/15/04 | |||
OWSLEY COUNTY BOARD OF EDUCATIO | Utility Tax | 379 | 11/15/04 | |||
PARIS INDEPENDENT SCHOOLS | Utility Tax | 2,976 | 11/15/04 | |||
PERRY COUNTY SCHOOL | Utility Tax | 283 | 11/15/04 | |||
POWELL COUNTY SCHOOL | Utility Tax | 1,911 | 11/15/04 | |||
ROCKCASTLE COUNTY SCHOOL | Utility Tax | 920 | 11/15/04 | |||
RUSSELL INDEPENDENT | Utility Tax | 6,224 | 11/15/04 | |||
SCOTT COUNTY SCHOOL | Utility Tax | 7,802 | 11/15/04 | |||
TOWN OF BLACKSBURG | Utility Tax | 13,390 | 11/15/04 | |||
UNION COUNTY SCHOOL DISTRICT | Utility Tax | 2,970 | 11/15/04 | |||
WASHINGTON COUNTY BOARD OF EDU | Utility Tax | 920 | 11/15/04 | |||
WEBSTER COUNTY BOARD OF | Utility Tax | 719 | 11/15/04 | |||
WOLFE COUNTY SCHOOL | Utility Tax | 585 | 11/15/04 | |||
WOODFORD COUNTY BOARD OF ED | Utility Tax | 4,787 | 11/15/04 | |||
GEORGIA DEPARTMENT OF REVENUE | Sales Tax | 104 | 11/16/04 | |||
NYS SALES TAX PROCESSING | Sales Tax | 5,670 | 11/16/04 | |||
PA DEPT. OF REVENUE | Sales Tax | 15,603 | 11/16/04 | |||
VIRGINIA DEPARTMENT OF TAXATION | Sales Tax | 6,648 | 11/16/04 | |||
CITY OF SANTA MONICA | Gross Receipts Tax | 166 | 11/17/04 | |||
VIRGINIA DEPARTMENT OF TAXATION | Sales Tax | 5,129 | 11/17/04 | |||
WASHINGTON DEPT OF REVENUE | Sales Tax | 3,849 | 11/17/04 | |||
TOWN OF ALBION | Utility Tax | 353 | 11/17/04 | |||
COLORADO DEPT OF REVENUE | Sales Tax | 3,109 | 11/19/04 | |||
COMPTROLLER OF MD | Sales Tax | 13,961 | 11/19/04 | |||
CONNECTICUT DEPT OF REVENUE | Sales Tax | 354,960 | 11/19/04 | |||
KENTUCKY REVENUE CABINET | Sales Tax | 2,076 | 11/19/04 | |||
MASS DEPT OF REVENUE | Sales Tax | 491 | 11/19/04 | |||
PA DEPARTMENT OF REVENUE | Sales Tax | 188,522 | 11/19/04 | |||
SOUTH CAROLINA DEPARTMENT OF | Sales Tax | 52,022 | 11/19/04 | |||
WEST VIRGINIA STATE TAX DEPT | Sales Tax | 152,786 | 11/19/04 | |||
FLORIDA DEPT OF REVENUE | Gross Receipts Tax | 55,123 | 11/22/04 | |||
FLORIDA DEPT OF REVENUE | Sales Tax | 81,615 | 11/22/04 | |||
GEORGIA DEPARTMENT OF REVENUE | Sales Tax | 19,018 | 11/22/04 | |||
INDIANA DEPT OF REVENUE | Sales Tax | 28,128 | 11/22/04 | |||
NEW JERSEY SALES TAX | Sales Tax | 509 | 11/22/04 | |||
TENNESSEE DEPT OF REVENUE | Sales Tax | 61,817 | 11/22/04 | |||
VERMONT DEPT OF TAXES | Sales Tax | 337,148 | 11/22/04 | |||
FLORIDA DEPT OF REVENUE | Telecommunications Tax | 3,233,158 | 11/22/04 | |||
PUBLIC SERVICE COMMISSION | Gross Receipts Tax | 226 | 11/24/04 |
51
ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES
Schedule V Page 5 of 5
Court Reporting schedules for Sales and Other Taxes Paid
for the Month Ended November 30, 2004
Taxing Jurisdiction | Tax Type | Amount Paid | Date Paid | |||||
---|---|---|---|---|---|---|---|---|
BOARD OF EQUALIZATION | Sales Tax | 767 | 11/24/04 | |||||
KANSAS DEPT OF REVENUE | Sales Tax | 17,148 | 11/24/04 | |||||
TREASURER — STATE OF OHIO | Sales Tax | 41,492 | 11/26/04 | |||||
TREASURER OF STATE OF OHIO | Sales Tax | 88,692 | 11/26/04 | |||||
Total | $ | 5,986,684 | ||||||
52
ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES
Schedule VI Page 1 of 6
Court Reporting schedules for Cash Disbursements
for the Month Ended November 30, 2004
LEGAL ENTITY | Account Number | Case Number | Disbursements | ||||
---|---|---|---|---|---|---|---|
ACC CABLE COMMUNICATIONS FL-VA, LLC | 081-02-41904 | 02-41904 | $ | 4,953,361 | |||
ACC CABLE HOLDINGS VA, INC. | 081-02-41905 | 02-41905 | — | ||||
ACC HOLDINGS II, LLC | 081-02-41955 | 02-41955 | — | ||||
ACC INVESTMENT HOLDINGS, INC. | 081-02-41957 | 02-41957 | — | ||||
ACC OPERATIONS, INC. | 081-02-41956 | 02-41956 | 539,128 | ||||
ACC TELECOMMUNICATIONS HOLDINGS LLC | 081-02-41864 | 02-41864 | — | ||||
ACC TELECOMMUNICATIONS LLC | 081-02-41863 | 02-41863 | 417,155 | ||||
ACC TELECOMMUNICATIONS OF VIRGINIA LLC | 081-02-41862 | 02-41862 | — | ||||
ACC-AMN HOLDINGS, LLC | 081-02-41861 | 02-41861 | — | ||||
ADELPHIA ACQUISITION SUBSIDIARY, INC. | 081-02-41860 | 02-41860 | — | ||||
ADELPHIA ARIZONA, INC. | 081-02-41859 | 02-41859 | — | ||||
ADELPHIA BLAIRSVILLE, LLC | 081-02-41735 | 02-41735 | — | ||||
ADELPHIA CABLE PARTNERS, LP | 081-02-41902 | 02-41902 | 7,079,954 | ||||
ADELPHIA CABLEVISION ASSOCIATES, LP | 081-02-41913 | 02-41913 | 556,541 | ||||
ADELPHIA CABLEVISION CORP. | 081-02-41752 | 02-41752 | 933,879 | ||||
ADELPHIA CABLEVISION OF BOCA RATON, LLC | 081-02-41751 | 02-41751 | 1,429,787 | ||||
ADELPHIA CABLEVISION OF FONTANA, LLC | 081-02-41755 | 02-41755 | — | ||||
ADELPHIA CABLEVISION OF INLAND EMPIRE, LLC | 081-02-41754 | 02-41754 | 4,480,344 | ||||
ADELPHIA CABLEVISION OF NEW YORK, INC. | 081-02-41892 | 02-41892 | 2,758,611 | ||||
ADELPHIA CABLEVISION OF NEWPORT BEACH, LLC | 081-02-41947 | 02-41947 | 802,349 | ||||
ADELPHIA CABLEVISION OF ORANGE COUNTY II, LLC | 081-02-41781 | 02-41781 | 612,628 | ||||
ADELPHIA CABLEVISION OF ORANGE COUNTY, LLC | 081-02-41946 | 02-41946 | 574,439 | ||||
ADELPHIA CABLEVISION OF SAN BERNANDINO, LLC | 081-02-41753 | 02-41753 | — | ||||
ADELPHIA CABLEVISION OF SANTA ANA, LLC | 081-02-41831 | 02-41831 | 2,560,978 | ||||
ADELPHIA CABLEVISION OF SEAL BEACH, LLC | 081-02-41757 | 02-41757 | 237,397 | ||||
ADELPHIA CABLEVISION OF SIMI VALLEY, LLC | 081-02-41830 | 02-41830 | 873,359 | ||||
ADELPHIA CABLEVISION OF THE KENNEBUNKS, LLC | 081-02-41943 | 02-41943 | 304,184 | ||||
ADELPHIA CABLEVISION OF WEST PALM BEACH III, LLC | 081-02-41783 | 02-41783 | 265,038 | ||||
ADELPHIA CABLEVISION OF WEST PALM BEACH IV, LLC | 081-02-41766 | 02-41766 | 2,606,078 | ||||
ADELPHIA CABLEVISION OF WEST PALM BEACH V, LLC | 081-02-41764 | 02-41764 | 232,552 | ||||
ADELPHIA CABLEVISION, LLC | 081-02-41858 | 02-41858 | 67,504,556 | ||||
ADELPHIA CALIFORNIA CABLEVISION, LLC | 081-02-41942 | 02-41942 | 3,342,880 | ||||
ADELPHIA CENTRAL PENNSYLVANIA, LLC | 081-02-41950 | 02-41950 | 4,150,648 | ||||
ADELPHIA CLEVELAND, LLC | 081-02-41793 | 02-41793 | 16,106,059 | ||||
ADELPHIA COMMUNICATIONS CORPORATION | 081-02-41729 | 02-41729 | 34,167 | ||||
ADELPHIA COMMUNICATIONS INTERNATIONAL, INC. | 081-02-41857 | 02-41857 | — | ||||
ADELPHIA COMMUNICATIONS OF CALIFORNIA II, LLC | 081-02-41748 | 02-41748 | 2,755,803 | ||||
ADELPHIA COMMUNICATIONS OF CALIFORNIA III, LLC | 081-02-41817 | 02-41817 | 1,607,484 | ||||
ADELPHIA COMMUNICATIONS OF CALIFORNIA, LLC | 081-02-41749 | 02-41749 | 170,699 | ||||
ADELPHIA COMPANY OF WESTERN CONNECTICUT | 081-02-41801 | 02-41801 | 2,536,719 | ||||
ADELPHIA GENERAL HOLDINGS III, LLC | 081-02-41854 | 02-41854 | — |
53
ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES
Schedule VI Page 2 of 6
Court Reporting schedules for Cash Disbursements
for the Month Ended November 30, 2004
LEGAL ENTITY | Account Number | Case Number | Disbursements | |||
---|---|---|---|---|---|---|
ADELPHIA GP HOLDINGS, LLC | 081-02-41829 | 02-41829 | — | |||
ADELPHIA GS CABLE, LLC | 081-02-41908 | 02-41908 | 2,538,894 | |||
ADELPHIA HARBOR CENTER HOLDINGS LLC | 081-02-41853 | 02-41853 | — | |||
ADELPHIA HOLDINGS 2001, LLC | 081-02-41926 | 02-41926 | — | |||
ADELPHIA INTERNATIONAL II, LLC | 081-02-41856 | 02-41856 | — | |||
ADELPHIA INTERNATIONAL III, LLC | 081-02-41855 | 02-41855 | — | |||
ADELPHIA MOBILE PHONES, INC. | 081-02-41852 | 02-41852 | — | |||
ADELPHIA OF THE MIDWEST, INC. | 081-02-41794 | 02-41794 | — | |||
ADELPHIA PINELLAS COUNTY, LLC | 081-02-41944 | 02-41944 | — | |||
ADELPHIA PRESTIGE CABLEVISION, LLC | 081-02-41795 | 02-41795 | 6,659,281 | |||
ADELPHIA TELECOMMUNICATIONS OF FLORIDA, INC. | 081-02-41939 | 02-41939 | 67,811 | |||
ADELPHIA TELECOMMUNICATIONS, INC. | 081-02-41851 | 02-41851 | 2,522,775 | |||
ADELPHIA WELLSVILLE, LLC | 081-02-41850 | 02-41850 | — | |||
ADELPHIA WESTERN NEW YORK HOLDINGS, LLC | 081-02-41849 | 02-41849 | — | |||
ARAHOVA COMMUNICATIONS, INC. | 081-02-41815 | 02-41815 | 30,458 | |||
ARAHOVA HOLDINGS, LLC | 081-02-41893 | 02-41893 | — | |||
BADGER HOLDING CORP | 081-02-41792 | 02-41792 | — | |||
BETTER TV INC. OF BENNINGTON | 081-02-41914 | 02-41914 | 432,331 | |||
BLACKSBURG/SALEM CABLEVISION, INC. | 081-02-41759 | 02-41759 | 1,036,361 | |||
BRAZAS COMMUNICATIONS, INC. | 081-02-41804 | 02-41804 | — | |||
BUENAVISION TELECOMMUNICATIONS, INC. | 081-02-41938 | 02-41938 | 630,702 | |||
CABLE SENTRY CORPORATION | 081-02-41894 | 02-41894 | — | |||
CALIFORNIA AD SALES, LLC | 081-02-41945 | 02-41945 | — | |||
CCC-III, INC. | 081-02-41867 | 02-41867 | — | |||
CCC-INDIANA, INC. | 081-02-41937 | 02-41937 | — | |||
CCH INDIANA, LP | 081-02-41935 | 02-41935 | — | |||
CDA CABLE, INC. | 081-02-41879 | 02-41879 | 257,766 | |||
CENTURY ADVERTISING, INC. | 081-02-41731 | 02-41731 | — | |||
CENTURY ALABAMA CORP | 081-02-41889 | 02-41889 | 120,290 | |||
CENTURY ALABAMA HOLDING CORP | 081-02-41891 | 02-41891 | — | |||
CENTURY AUSTRALIA COMMUNICATIONS CORP | 081-02-41738 | 02-41738 | — | |||
CENTURY BERKSHIRE CABLE CORP | 081-02-41762 | 02-41762 | 244,065 | |||
CENTURY CABLE HOLDING CORP | 081-02-41814 | 02-41814 | — | |||
CENTURY CABLE HOLDINGS, LLC | 081-02-41812 | 02-41812 | 17,236,660 | |||
CENTURY CABLE MANAGEMENT CORPORATION | 081-02-41887 | 02-41887 | 239,168 | |||
CENTURY CABLE OF SOUTHERN CALIFORNIA | 081-02-41745 | 02-41745 | — | |||
CENTURY CABLEVISION HOLDINGS, LLC | 081-02-41936 | 02-41936 | 2,333,349 | |||
CENTURY CAROLINA CORP | 081-02-41886 | 02-41886 | 653,599 | |||
CENTURY COLORADO SPRINGS CORP | 081-02-41736 | 02-41736 | 138,831 | |||
CENTURY COLORADO SPRINGS PARTNERSHIP | 081-02-41774 | 02-41774 | 6,313,328 | |||
CENTURY COMMUNICATIONS CORPORATION | 081-02-12834 | 02-12834 | 1,622,378 | |||
CENTURY CULLMAN CORP | 081-02-41888 | 02-41888 | 301,751 | |||
CENTURY ENTERPRISE CABLE CORP | 081-02-41890 | 02-41890 | 365,723 |
54
ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES
Schedule VI Page 3 of 6
Court Reporting schedules for Cash Disbursements
for the Month Ended November 30, 2004
LEGAL ENTITY | Account Number | Case Number | Disbursements | |||
---|---|---|---|---|---|---|
CENTURY EXCHANGE, LLC | 081-02-41744 | 02-41744 | — | |||
CENTURY FEDERAL, INC. | 081-02-41747 | 02-41747 | — | |||
CENTURY GRANITE CABLE TELEVISION CORP. | 081-02-41779 | 02-41779 | — | |||
CENTURY HUNTINGTON COMPANY | 081-02-41885 | 02-41885 | 2,217,855 | |||
CENTURY INDIANA CORP | 081-02-41768 | 02-41768 | — | |||
CENTURY INVESTMENT HOLDING CORP | 081-02-41740 | 02-41740 | — | |||
CENTURY INVESTORS, INC. | 081-02-41733 | 02-41733 | — | |||
CENTURY ISLAND ASSOCIATES, INC. | 081-02-41771 | 02-41771 | 31,818 | |||
CENTURY ISLAND CABLE TELEVISION CORP | 081-02-41772 | 02-41772 | — | |||
CENTURY KANSAS CABLE TELEVISION CORP | 081-02-41884 | 02-41884 | 199,266 | |||
CENTURY LYKENS CABLE CORP | 081-02-41883 | 02-41883 | 379,971 | |||
CENTURY MENDOCINO CABLE TELEVISION, INC. | 081-02-41780 | 02-41780 | 737,708 | |||
CENTURY MISSISSIPPI CORP | 081-02-41882 | 02-41882 | 424,896 | |||
CENTURY MOUNTAIN CORP | 081-02-41797 | 02-41797 | 184,800 | |||
CENTURY NEW MEXICO CABLE TELEVISION CORP. | 081-02-41784 | 02-41784 | 127 | |||
CENTURY NORWICH CORP | 081-02-41881 | 02-41881 | 812,786 | |||
CENTURY OHIO CABLE TELEVISION CORP | 081-02-41811 | 02-41811 | 640,085 | |||
CENTURY OREGON CABLE CORP | 081-02-41739 | 02-41739 | — | |||
CENTURY PACIFIC CABLE TV INC | 081-02-41746 | 02-41746 | — | |||
CENTURY PROGRAMMING, INC. | 081-02-41732 | 02-41732 | — | |||
CENTURY REALTY CORP. | 081-02-41813 | 02-41813 | — | |||
CENTURY SHASTA CABLE TELEVISION CORP | 081-02-41880 | 02-41880 | — | |||
CENTURY SOUTHWEST COLORADO CABLE TELEVISION CORP | 081-02-41770 | 02-41770 | — | |||
CENTURY TRINIDAD CABLE TELEVISION CORP. | 081-02-41790 | 02-41790 | 102,110 | |||
CENTURY VIRGINIA CORP | 081-02-41796 | 02-41796 | 512,190 | |||
CENTURY VOICE AND DATA COMMUNICATIONS, INC. | 081-02-41737 | 02-41737 | — | |||
CENTURY WARRICK CABLE CORP. | 081-02-41763 | 02-41763 | — | |||
CENTURY WASHINGTON CABLE TELEVISION, INC. | 081-02-41878 | 02-41878 | — | |||
CENTURY WYOMING CABLE TELEVISION CORP. | 081-02-41789 | 02-41789 | 94,550 | |||
CENTURY-TCI CALIFORNIA COMMUNICATIONS, LP | 081-02-41743 | 02-41743 | 430 | |||
CENTURY-TCI CALIFORNIA, LP | 081-02-41741 | 02-41741 | 40,174,132 | |||
CENTURY-TCI HOLDINGS, LLC | 081-02-41742 | 02-41742 | — | |||
CHELSEA COMMUNICATIONS, INC. | 081-02-41923 | 02-41923 | — | |||
CHELSEA COMMUNICATIONS, LLC | 081-02-41924 | 02-41924 | 14,123,703 | |||
CHESTNUT STREET SERVICES, LLC | 081-02-41842 | 02-41842 | — | |||
CLEAR CABLEVISION, INC. | 081-02-41756 | 02-41756 | — | |||
CMA CABLEVISION ASSOCIATES VII, LP | 081-02-41808 | 02-41808 | 285,904 | |||
CMA CABLEVISION ASSOCIATES XI, LP | 081-02-41807 | 02-41807 | 80,155 | |||
CORAL SECURITY, INC | 081-02-41895 | 02-41895 | — | |||
COWLITZ CABLEVISION, INC. | 081-02-41877 | 02-41877 | 647,914 | |||
CP-MDU I LLC | 081-02-41940 | 02-41940 | — | |||
CP-MDU II LLC | 081-02-41941 | 02-41941 | — |
55
ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES
Schedule VI Page 4 of 6
Court Reporting schedules for Cash Disbursements
for the Month Ended November 30, 2004
LEGAL ENTITY | Account Number | Case Number | Disbursements | |||
---|---|---|---|---|---|---|
E & E CABLE SERVICE, INC. | 081-02-41785 | 02-41785 | — | |||
EASTERN VIRGINIA CABLEVISION HOLDINGS, LLC | 081-02-41799 | 02-41799 | — | |||
EASTERN VIRGINIA CABLEVISION, LP | 081-02-41800 | 02-41800 | 352,672 | |||
EMPIRE SPORTS NETWORK, LP | 081-02-41844 | 02-41844 | 358,430 | |||
FAE CABLE MANAGEMENT CORP | 081-02-41734 | 02-41734 | — | |||
FOP INDIANA, LP | 081-02-41816 | 02-41816 | 242,226 | |||
FRONTIERVISION ACCESS PARTNERS, LLC | 081-02-41819 | 02-41819 | 2,016,273 | |||
FRONTIERVISION CABLE NEW ENGLAND, INC. | 081-02-41822 | 02-41822 | 843,230 | |||
FRONTIERVISION CAPITAL CORPORATION | 081-02-41820 | 02-41820 | — | |||
FRONTIERVISION HOLDINGS CAPITAL CORPORATION | 081-02-41824 | 02-41824 | — | |||
FRONTIERVISION HOLDINGS CAPITAL II CORPORATION | 081-02-41823 | 02-41823 | — | |||
FRONTIERVISION HOLDINGS, LLC | 081-02-41827 | 02-41827 | — | |||
FRONTIERVISION HOLDINGS, LP | 081-02-41826 | 02-41826 | 70 | |||
FRONTIERVISION OPERATING PARTNERS, LLC | 081-02-41825 | 02-41825 | — | |||
FRONTIERVISION OPERATING PARTNERS, LP | 081-02-41821 | 02-41821 | 24,469,397 | |||
FRONTIERVISION PARTNERS, LP | 081-02-41828 | 02-41828 | 69 | |||
FT MYERS CABLEVISION, LLC | 081-02-41948 | 02-41948 | — | |||
FT. MYERS ACQUISITION LIMITED PARTNERSHIP | 081-02-41949 | 02-41949 | — | |||
GENESIS CABLE COMMUNICATIONS SUBSIDIARY, LLC | 081-02-41903 | 02-41903 | — | |||
GLOBAL ACQUISITION PARTNERS, LP | 081-02-41933 | 02-41933 | 1,419,778 | |||
GLOBAL CABLEVISION II, LLC | 081-02-41934 | 02-41934 | — | |||
GRAFTON CABLE COMPANY | 081-02-41788 | 02-41788 | — | |||
GS CABLE, LLC | 081-02-41907 | 02-41907 | 2,432,517 | |||
GS TELECOMMUNICATIONS LLC | 081-02-41906 | 02-41906 | — | |||
HARRON CABLEVISION OF NEW HAMPSHIRE, INC. | 081-02-41750 | 02-41750 | 1,893,954 | |||
HUNTINGTON CATV, INC. | 081-02-41765 | 02-41765 | — | |||
IMPERIAL VALLEY CABLEVISION, INC. | 081-02-41876 | 02-41876 | 1,010,802 | |||
KALAMAZOO COUNTY CABLEVISION, INC. | 081-02-41922 | 02-41922 | — | |||
KEY BISCAYNE CABLEVISION | 081-02-41898 | 02-41898 | 159,335 | |||
KOOTENAI CABLE, INC. | 081-02-41875 | 02-41875 | 1,160,599 | |||
LAKE CHAMPLAIN CABLE TELEVISION CORPORATION | 081-02-41911 | 02-41911 | 264,597 | |||
LEADERSHIP ACQUISITION LIMITED PARTNERSHIP | 081-02-41931 | 02-41931 | — | |||
LOUISA CABLEVISION, INC. | 081-02-41760 | 02-41760 | 17,346 | |||
MANCHESTER CABLEVISION, INC. | 081-02-41758 | 02-41758 | — | |||
MARTHA'S VINEYARD CABLEVISION, LP | 081-02-41805 | 02-41805 | 246,256 | |||
MERCURY COMMUNICATIONS, INC. | 081-02-41840 | 02-41840 | 57,210 | |||
MICKELSON MEDIA OF FLORIDA, INC. | 081-02-41874 | 02-41874 | 335,338 | |||
MICKELSON MEDIA, INC. | 081-02-41782 | 02-41782 | 125,190 | |||
MONTGOMERY CABLEVISION, INC. | 081-02-41848 | 02-41848 | — | |||
MONUMENT COLORADO CABLEVISION, INC. | 081-02-41932 | 02-41932 | 136,353 | |||
MOUNTAIN CABLE COMMUNICATIONS CORPORATION | 081-02-41916 | 02-41916 | 1,356 | |||
MOUNTAIN CABLE COMPANY, LP | 081-02-41909 | 02-41909 | 4,283,844 |
56
ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES
Schedule VI Page 5 of 6
Court Reporting schedules for Cash Disbursements
for the Month Ended November 30, 2004
LEGAL ENTITY | Account Number | Case Number | Disbursements | |||
---|---|---|---|---|---|---|
MT. LEBANON CABLEVISION, INC | 081-02-41920 | 02-41920 | — | |||
MULTI-CHANNEL TV CABLE COMPANY | 081-02-41921 | 02-41921 | 507,622 | |||
NATIONAL CABLE ACQUISITION ASSOCIATES, LP | 081-02-41952 | 02-41952 | 3,317,205 | |||
OLYMPUS CABLE HOLDINGS, LLC | 081-02-41925 | 02-41925 | 19,807,395 | |||
OLYMPUS CAPITAL CORPORATION | 081-02-41930 | 02-41930 | — | |||
OLYMPUS COMMUNICATIONS HOLDINGS, LLC | 081-02-41953 | 02-41953 | — | |||
OLYMPUS COMMUNICATIONS, LP | 081-02-41954 | 02-41954 | 48 | |||
OLYMPUS SUBSIDIARY, LLC | 081-02-41928 | 02-41928 | — | |||
OWENSBORO INDIANA, LP | 081-02-41773 | 02-41773 | — | |||
OWENSBORO ON THE AIR, INC. | 081-02-41777 | 02-41777 | — | |||
OWENSBORO-BRUNSWICK, INC. | 081-02-41730 | 02-41730 | 3,763,648 | |||
PAGE TIME, INC. | 081-02-41839 | 02-41839 | 1,363 | |||
PARAGON CABLE TELEVISION, INC. | 081-02-41778 | 02-41778 | — | |||
PARAGON CABLEVISION CONSTRUCTION CORPORATION | 081-02-41775 | 02-41775 | — | |||
PARAGON CABLEVISION MANAGEMENT CORPORATION | 081-02-41776 | 02-41776 | — | |||
PARNASSOS COMMUNICATIONS, LP | 081-02-41846 | 02-41846 | 214,192 | |||
PARNASSOS HOLDINGS, LLC | 081-02-41845 | 02-41845 | — | |||
PARNASSOS, LP | 081-02-41843 | 02-41843 | 17,001,641 | |||
PERICLES COMMUNICATIONS CORPORATION | 081-02-41919 | 02-41919 | 81 | |||
PULLMAN TV CABLE CO., INC. | 081-02-41873 | 02-41873 | 472,946 | |||
RENTAVISION OF BRUNSWICK, INC. | 081-02-41872 | 02-41872 | 234,293 | |||
RICHMOND CABLE TELEVISION CORPORATION | 081-02-41912 | 02-41912 | 93,783 | |||
RIGPAL COMMUNICATIONS, INC. | 081-02-41917 | 02-41917 | — | |||
ROBINSON/PLUM CABLEVISION, LP | 081-02-41927 | 02-41927 | 583,171 | |||
S/T CABLE CORPORATION | 081-02-41791 | 02-41791 | — | |||
SABRES, INC. | 081-02-41838 | 02-41838 | — | |||
SCRANTON CABLEVISION, INC. | 081-02-41761 | 02-41761 | 1,831,449 | |||
SENTINEL COMMUNICATIONS OF MUNCIE, INDIANA, INC. | 081-02-41767 | 02-41767 | — | |||
SOUTHEAST FLORIDA CABLE, INC. | 081-02-41900 | 02-41900 | 16,843,634 | |||
SOUTHWEST COLORADO CABLE INC. | 081-02-41769 | 02-41769 | 140,093 | |||
SOUTHWEST VIRGINIA CABLE, INC. | 081-02-41833 | 02-41833 | 767,516 | |||
STAR CABLE INC. | 081-02-41787 | 02-41787 | — | |||
STARPOINT, LIMITED PARTNERSHIP | 081-02-41897 | 02-41897 | 1,000,492 | |||
SVHH CABLE ACQUISITION, LP | 081-02-41836 | 02-41836 | 1,005,871 | |||
SVHH HOLDINGS, LLC | 081-02-41837 | 02-41837 | — | |||
TELE-MEDIA COMPANY OF HOPEWELL-PRINCE GEORGE | 081-02-41798 | 02-41798 | 180,049 | |||
TELE-MEDIA COMPANY OF TRI-STATES, LP | 081-02-41809 | 02-41809 | — | |||
TELE-MEDIA INVESTMENT PARTNERSHIP, LP | 081-02-41951 | 02-41951 | 1,795,083 | |||
TELESAT ACQUISITION LIMITED PARTNERSHIP | 081-02-41929 | 02-41929 | — | |||
TELESAT ACQUISITION, LLC | 081-02-41871 | 02-41871 | 3,108,081 | |||
THE GOLF CLUB AT WENDING CREEK FARMS, LLC | 081-02-41841 | 02-41841 | — | |||
THE MAIN INTERNETWORKS, INC. | 081-02-41818 | 02-41818 | 9 |
57
ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES
Schedule VI Page 6 of 6
Court Reporting schedules for Cash Disbursements
for the Month Ended November 30, 2004
LEGAL ENTITY | Account Number | Case Number | Disbursements | |||||
---|---|---|---|---|---|---|---|---|
THE WESTOVER TV CABLE CO., INC. | 081-02-41786 | 02-41786 | — | |||||
THREE RIVERS CABLE ASSOCIATES, LP | 081-02-41910 | 02-41910 | 1,106,602 | |||||
TIMOTHEOS COMMUNICATIONS, LP | 081-02-41901 | 02-41901 | — | |||||
TMC HOLDINGS CORPORATION | 081-02-41803 | 02-41803 | — | |||||
TMC HOLDINGS, LLC | 081-02-41802 | 02-41802 | — | |||||
TRI-STATES, LLC | 081-02-41810 | 02-41810 | — | |||||
UCA LLC | 081-02-41834 | 02-41834 | 10,377,591 | |||||
UPPER ST. CLAIR CABLEVISION INC | 081-02-41918 | 02-41918 | — | |||||
US TELE-MEDIA INVESTMENT COMPANY | 081-02-41835 | 02-41835 | — | |||||
VALLEY VIDEO, INC. | 081-02-41870 | 02-41870 | 102,893 | |||||
VAN BUREN COUNTY CABLEVISION, INC. | 081-02-41832 | 02-41832 | 160,075 | |||||
WARRICK CABLEVISION, INC | 081-02-41866 | 02-41866 | — | |||||
WARRICK INDIANA, LP | 081-02-41865 | 02-41865 | 253,050 | |||||
WELLSVILLE CABLEVISION, LLC | 081-02-41806 | 02-41806 | 381,838 | |||||
WEST BOCA ACQUISITION LIMITED PARTNERSHIP | 081-02-41899 | 02-41899 | 2,075,981 | |||||
WESTERN NY CABLEVSION, LP | 081-02-41847 | 02-41847 | — | |||||
WESTVIEW SECURITY, INC | 081-02-41896 | 02-41896 | — | |||||
WILDERNESS CABLE COMPANY | 081-02-41869 | 02-41869 | 111,658 | |||||
YOUNG'S CABLE TV CORP | 081-02-41915 | 02-41915 | 316,782 | |||||
YUMA CABLEVISION, INC. | 081-02-41868 | 02-41868 | 1,069,088 | |||||
Total | $ | 366,274,763 | ||||||
58
ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES
Schedule VII Page 1 of 2
Court Reporting schedules for Insurance Coverage
Coverage ** | Company | Policy No. | Term | ||||
---|---|---|---|---|---|---|---|
Commercial Property | Lexington, C N A, RSUI | 7474233; 1098648388; 335349 | 05/16/04 – 05/16/05 | ||||
Commercial General Liability | AIG (American Home Assurance Co) | 4806343, 4806117, 4806148 | 12/15/03 – 05/16/05 | ||||
Commercial Automobile Liability | AIG (American Home Assurance Co) | MA – 5189088 VA – 5189089 | 05/16/04 – 05/16/05 | ||||
TX – 5189090 | |||||||
All other states – 5189087 | |||||||
Excess Automobile Liability | AIG (Lexington) | All States – 4261364 | 05/16/04 – 05/16/05 | ||||
Worker's Compensation | AIG (New Hampshire Ins. Co., AI South Insurance Co., National Union Fire Insurance Co. of VT, and Ins. Co. State of PA) | All states except monopolistic policy numbers 5212710, 5212711, 5212712, 5212713 | 05/16/04 – 05/16/05 | ||||
Ohio | Ohio Bureau of Workers Compensation | 1328524 | Ongoing* | ||||
Washington State | WA Department of Labor & Industry | 083 004 452 | 10/1/99 – Ongoing* | ||||
West Virginia | West Virginia Workers' Compensation | 20104948 101 | 10/1/99 – Ongoing* | ||||
Wyoming | Wyoming Department of Employment | 366575 | 10/1/99 – Ongoing* | ||||
International Package Policy (Liability & Foreign Voluntary Comp) | ACE USA (ACE American Insurance Co.) | PHR073190 | 10/15/04 – 10/15/05 | ||||
59
ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES
Schedule VII Page 2 of 2
Court Reporting schedules for Insurance Coverage
Coverage ** | Company | Policy No. | Term | |||
---|---|---|---|---|---|---|
Aircraft Policy | AIG (National Union Fire Insurance Co.) | GM3380176-02 | 11/01/04 – 11/01/05 | |||
Umbrella Liability | Zurich (American Guarantee & Liability Insurance Co.) | AUC937411601 | 05/16/04 – 05/16/05 | |||
Excess Umbrella Liability | XL, St. Paul, Zurich | US00006683L104A, Q16400089, AEC380810300 | 05/16/04 – 05/16/05 | |||
Executive Protection (Special Crime) | Liberty Insurance Underwriters | 180933013 | 12/19/04 – 12/19/05 | |||
New York Disability | Cigna | NYD 074487 | 07/01/04 – 12/31/05 | |||
Pollution Liability | Quanta Reinsurance U.S. Ltd. | On-site coverage (2000110) Off-site coverage(2000111) | 01/01/04 – 01/01/05 | |||
Fiduciary Liability Insurance | Houston Casualty Co. | 14MG03A2983 | 12/08/04 – 12/31/05 | |||
Directors & Officers Liability | AIG (National Union Insurance Co.) | 7290984 | 12/31/03 – 12/31/04 | |||
Directors & Officers Liability Tail | Associated Electric & Gas Insurance Services Limited (AEGIS) | D0999A1A00 | 12/31/03 – 12/31/05 (Extension of Limit of Liability of 12/31/00-03 term) | |||
Excess Directors & Officers Liability | U.S. Specialty Insurance Co. Hartford (Twin City Fire Ins. Co.) Hudson Insurance Co. Axis Reinsurance Co. Old Republic Insurance Co. | 14MGU03A3639 00DA02209103 HN03031687 RBN502748 CUG27319 | 12/31/03 – 12/31/04 | |||
Blanket Fidelity Bond incl ERISA | Great American Insurance Co. | 554-43-87 | 05/16/04 – 05/16/05 | |||
Media Professional Liability | ACE (Illinois Union Insurance Company) | EON G21640104 002 | 01/22/04 – 01/22/05 | |||
- *
- Ongoing means until the policy is cancelled by Adelphia or carrier
- **
- The named insured is Adelphia Communications Corporation et al for all of the coverages.
60
ADELPHIA COMMUNICATIONS CORPORATION, et al. (DEBTORS-IN-POSSESSION) UNAUDITED CONSOLIDATED BALANCE SHEET (Dollars in thousands, except per share amounts)
ADELPHIA COMMUNICATIONS CORPORATION, et al. (DEBTORS-IN-POSSESSION) UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS (Dollars in thousands, except per share amounts)
ADELPHIA COMMUNICATIONS CORPORATION, et al. (DEBTORS-IN-POSSESSION) UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS (Dollars in thousands)
ADELPHIA COMMUNICATIONS CORPORATION, et. al. (DEBTORS-IN-POSSESSION) NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS (Dollars in thousands)
ADELPHIA COMMUNICATIONS CORPORATION, et al. (DEBTORS-IN-POSSESSION) BANKRUPTCY COURT REPORTING SCHEDULES Summary
ADELPHIA COMMUNICATIONS CORPORATION, et al. (DEBTORS-IN-POSSESSION) BANKRUPTCY COURT REPORTING SCHEDULES Schedule I Court Reporting schedules for Payroll and Payroll Taxes for the Month Ended November 30, 2004
ADELPHIA COMMUNICATIONS CORPORATION, et al. (DEBTORS-IN-POSSESSION) BANKRUPTCY COURT REPORTING SCHEDULES Schedule II Page 1 of 3 Court Reporting schedules for Payroll Taxes Paid for the Month Ended November 30, 2004
ADELPHIA COMMUNICATIONS CORPORATION, et al. (DEBTORS-IN-POSSESSION) BANKRUPTCY COURT REPORTING SCHEDULES Schedule III Page 1 of 9 Court Reporting schedules for Sales and Other Taxes Due and Gross Taxable Sales for the Month Ended November 30, 2004
ADELPHIA COMMUNICATIONS CORPORATION, et al. (DEBTORS-IN-POSSESSION) BANKRUPTCY COURT REPORTING SCHEDULES Schedule IV Page 1 of 5 Court Reporting schedules for Real Estate and Personal Property Taxes Paid for the Month Ended November 30, 2004
ADELPHIA COMMUNICATIONS CORPORATION, et al. (DEBTORS-IN-POSSESSION) BANKRUPTCY COURT REPORTING SCHEDULES Schedule V Page 1 of 5 Court Reporting schedules for Sales and Other Taxes Paid for the Month Ended November 30, 2004
ADELPHIA COMMUNICATIONS CORPORATION, et al. (DEBTORS-IN-POSSESSION) BANKRUPTCY COURT REPORTING SCHEDULES Schedule VI Page 1 of 6 Court Reporting schedules for Cash Disbursements for the Month Ended November 30, 2004
ADELPHIA COMMUNICATIONS CORPORATION, et al. (DEBTORS-IN-POSSESSION) BANKRUPTCY COURT REPORTING SCHEDULES Schedule VII Page 1 of 2 Court Reporting schedules for Insurance Coverage