This Monthly Financial Report (the "Financial Report") is limited in scope,
covers a limited time period and has been prepared soley for purposes of
complying with the monthly reporting requirements of the United States
Bankruptcy Court for the Eastern District of Wisconsin in Milwaukee (the
"Trustee"). Keystone Consolidated Industries, Inc's ("Keystone") wholly-owned
subsidiary, Engineered Wire Products, Inc. ("EWP") has not filed for protection
under Chapter 11 of Title 11 of the United States Bankruptcy Code, and financial
information for EWP has been omitted from the Financial Report. The Financial
Report is unaudited and does not purport to show the financial statements of
Keystone or any of its subsidiaries in accordance with accounting principles
generally accepted in the United States ("GAAP"), and therefore excludes items
required by GAAP, such as certain reclassifications, eliminations, accruals and
disclosure items. Undue reliance should not be placed upon the Financial Report.
There can be no assurance that such information is complete. In addition, in
order to comply with the 15-day filing requirements of the Trustee, certain
year-end adjustments have been excluded from this report. The debtors anticipate
filing an amended report when information relative to these adjustments becomes
available.
MONTHLY FINANCIAL REPORT
OFFICE OF THE U.S. TRUSTEE
EASTERN DISTRICT OF WISCONSIN
Case Name: FV Steel & Wire Company ("FVSW") Case No: 04-22421-SVK
Keystone Consolidated Industries, Inc. ("KCI") 04-22422-SVK
DeSoto Environmental Management, Inc. ("DEMI") 04-22423-SVK
J.L. Prescott Company ("JLP") 04-22424-SVK
Sherman Wire Company ("SWC") 04-22425-SVK
Sherman Wire of Caldwell, Inc.("SWCI") 04-22426-SVK
FOR MONTH OF APRIL, 2005
I. FINANCIAL SUMMARY
CASH RECEIPTS AND DISBURSEMENTS
-------------------------------
FVSW KCI DEMI JLP SWC SWCI Total
---- --- ---- --- --- ---- -----
A. CASH ON HAND START OF MONTH $0 $3,821,780 $0 $0 ($2,540) $0 $3,819,240
-----------------------------------------------------------------------------
B. RECEIPTS 0 98,826,675 0 0 10,774 1,400 98,838,849
C. DISBURSEMENTS 0 99,681,445 0 0 10,101 1,400 99,692,946
-----------------------------------------------------------------------------
D. NET RECEIPTS (DISBURSEMENTS) 0 (854,770) 0 0 673 0 (854,097)
-----------------------------------------------------------------------------
E. CASH ON HAND END OF MONTH $0 $2,967,010 $0 $0 ($1,867) $0 $2,965,143
=============================================================================
Note 1 - KCI Cash On Hand At End of Month includes $5,407,584 of cash held in
escrow for anticipated payment to Unsecured Creditors' Committee upon
emergence from Chapter 11. (See U.S. Bank - Portland, Oregon accounts #
15365681004 and # 436000100).
Note 2 - KCI Receipts and Disbursement exclude transfers between KCI cash
accounts of $28,929,653.
PROFIT AND LOSS STATEMENT ACCRUAL BASIS
---------------------------------------
Sub Elimin-
FVSW KCI DEMI JLP SWC SWCI Total ations Total
---- --- ---- --- --- ---- ----- -------- -----
A NET SALES $0 $35,031,789 $0 $0 $1,768,389 $0 $36,800,178 ($2,465,114) $34,335,064
B. COST OF SALES 0 29,420,188 0 0 1,537,116 0 30,957,304 (2,465,114) 28,492,190
------------------------------------------------------------------------------------------------------
C. GROSS PROFIT 0 5,611,601 0 0 231,273 0 5,842,874 0 5,842,874
D. TOTAL OPERATING
EXPENSES 4,410 6,097,365 0 60,000 425,973 20,245 6,607,993 (239,211) 6,368,782
------------------------------------------------------------------------------------------------------
E. NET INCOME (LOSS)
FROM OPERATIONS (4,410) (485,764) 0 (60,000) (194,700) (20,245) (765,119) 239,211 (525,908)
F. NON-OPERATING,
NON-RECURRING
REVENUEE(EXPENSES) 7,082 (676,828) 60,000 0 15,349 0 (594,397) (239,211) (833,608)
------------------------------------------------------------------------------------------------------
H. NET INCOME (LOSS) $2,672 ($1,162,592) $60,000 ($60,000) ($179,351) ($20,245) ($1,359,516) $0 ($1,359,516)
======================================================================================================
Page 1 of 6
II. PROFIT & LOSS STATEMENT (ACCRUAL BASIS)
Sub Elimin-
FVSW KCI DEMI JLP SWC SWCI Total ations Total
---- --- ---- --- --- ---- ----- -------- -----
A. Related to Business
Operations:
- --------------------------
Total Revenue (Sales) $35,031,789 $1,768,389 $36,800,178 ($2,465,114) $34,335,064
---------------------------------------------------------------------------------------------------
Less: Cost of Goods
Sold:
Beginning Inventory
at Cost 77,033,123 3,526,796 80,559,919 80,559,919
Add: Purchases 27,027,520 1,802,599 28,830,119 (2,465,114) 26,365,005
Less: Ending Inventory
at Cost 74,640,455 3,792,279 78,432,734 78,432,734
---------------------------------------------------------------------------------------------------
Cost of Goods Sold $0 $29,420,188 $0 $0 1,537,116 $0 $30,957,304 $(2,465,114) $28,492,190
---------------------------------------------------------------------------------------------------
Gross Profit 0 5,611,601 0 0 231,273 0 5,842,874 0 5,842,874
---------------------------------------------------------------------------------------------------
Less: Operating Expenses:
Officer Compensation 56,250 56,250 56,250
Salaries and Wages-
Other Employees 1,447,532 93,058 1,540,590 1,540,590
Employee Benefits
and Pensions 105 1,451,875 21,936 12,293 1,486,209 1,486,209
Payroll Taxes 130,020 16,388 146,408 146,408
Real Estate Taxes 15,768 15,071 791 31,630 31,630
Federal and State
Income Taxes 0 0 0
Rent and Lease Expense 14,825 3,340 18,165 18,165
Interest Expense 501,440 60,000 561,440 (225,626) 335,814
Insurance (254,957) 15,912 (239,045) (239,045)
Automobile Expense 0 0 0 0
Utilities 386,981 10,882 660 398,523 398,523
Depreciation and
Amortization 4,305 1,124,241 109,125 5,101 1,242,772 1,242,772
Repairs and Maintenance 231,795 9,164 400 241,359 241,359
Advertising 157,686 157,686 157,686
Supplies, Office Expense
and Photocopies 92,531 9,848 102,379 102,379
Bad Debts 0 0 0
Miscellaneous 0 741,378 0 0 121,249 1,000 863,627 (13,585) 850,042
---------------------------------------------------------------------------------------------------
Total Operating Expenses 4,410 6,097,365 0 60,000 425,973 20,245 6,607,993 (239,211) 6,368,782
---------------------------------------------------------------------------------------------------
Net Income (Loss)
From Operations (4,410) (485,764) 0 (60,000) (194,700) (20,245) (765,119) 239,211 (525,908)
---------------------------------------------------------------------------------------------------
B. Not Related to Business
Operations:
- --------------------------
Revenue:
Interest Income 82 46,260 60,000 165,626 271,968 (225,626) 46,342
Net Gain (Loss) on Sale
of Assets 0 0 0
Other 7,000 62,261 0 0 0 0 69,261 (13,585) 55,676
---------------------------------------------------------------------------------------------------
Total Non-Operating
Revenue 7,082 108,521 60,000 0 165,626 0 341,229 (239,211) 102,018
---------------------------------------------------------------------------------------------------
Expenses:
Legal and Professional
Fees 0 785,349 0 0 150,277 0 935,626 0 935,626
Other 0 0 0 0 0 0 0 0 0
---------------------------------------------------------------------------------------------------
Total Non-Operating
Expenses 0 785,349 0 0 150,277 0 935,626 0 935,626
---------------------------------------------------------------------------------------------------
Net Income (Loss)
For Period $2,672 ($1,162,592) $60,000 ($60,000) ($179,351) ($20,245) ($1,359,516) $0 ($1,359,516)
===================================================================================================
Note 1 - Beginning and ending inventory balances shown above do not include
reserves related to LIFO and obsolescence that are reflected in the
inventory balances shown on the Balance Sheet.
Note 2 - Interest income at DEMI and SWC is based on the balance of intercompany
receivables.
Page 2 of 6
IV. BALANCE SHEET
FVSW KCI DEMI JLP SWC SWCI
---- --- ---- --- --- ----
ASSETS
------
Current
- -------
Cash $2,967,010 ($1,867)
Inventory $53,582 38,670,151 3,366,614
Accounts Receivable 30,260,635 540,586 $6,000
Prepaid Expenses 1,863,896 91,013 1,264
Other-Exhibit E 75,567 3,323,149 $15,449,793 0 412,297 0
-------------------------------------------------------------------------------
Total Current Assets 129,149 77,084,841 15,449,793 0 4,408,643 7,264
-------------------------------------------------------------------------------
Fixed
- -----
Property and Equipment 1,175,330 327,330,654 20,922,199 2,285,279
Accumulated Depreciation (752,261) (246,986,004) (16,759,382) (1,846,024)
-------------------------------------------------------------------------------
Total Fixed Assets 423,069 80,344,650 0 0 4,162,817 439,255
-------------------------------------------------------------------------------
Other
- -----
Restricted Investments 5,976,474 250,722
Prepaid Pension Asset 139,150,944
Deferred Financing Costs 951,028
Goodwill 751,508
Other-Exhibit F 40,000 39,508,966 0 0 2,246,871 0
-------------------------------------------------------------------------------
Total Other Assets 40,000 186,338,920 0 0 2,497,593 0
-------------------------------------------------------------------------------
Total Assets $592,218 $343,768,411 $15,449,793 $0 $11,069,053 $446,519
===============================================================================
LIABILITIES
-----------
Current
- -------
Pre-Petition Accounts
Payable $19,597,061 $1,012,833 $54,503
Post-Petition Accounts
Payable 1,574,933 86,623 1,400
Pre-Petition Accounts
Payable-Affiliates $(2,649,073) 88,419,300 $5,774,107 $15,552,291 (89,758,156) (1,459,080)
Post-Petition Accounts
Payable-Affiliates (237,345) 2,696,515 433,128 610,515 (12,116) (134,080)
Pre-Petition Accrued
Expenses-Exhibit G 3,183 13,578,654 35,632 (36,000) 6,668,380 64,082
Post-Petition Accrued
Expenses-Exhibit H 0 13,513,700 0 0 115,324 (3,580)
Post-Petition Accrued
Professional Fees 3,482,945 2,939
Post-Petition Accrued
Other Taxes-Exhibit M 0 (372,056) 0 0 11,617 (3,479)
Pre-Petition Notes
Payable and Current
Maturities of
Long Term Debt 28,116,000 20,290
Post-Petition Notes
Payable and Current
Maturities of
Long Term Debt 37,096,279 (20,290)
Accrued OPEB Cost 11,441,001 155,000 297,662
Income Taxes Payable
Pre-petition accrued pref.
Stock dividends 11,845,805
Post petition accrued pref.
Stock dividends 8,433,964
-------------------------------------------------------------------------------
Total Current
Liabilities (2,883,235) 239,424,101 6,242,867 16,281,806 (81,574,894) (1,480,234)
-------------------------------------------------------------------------------
Long Term
- ---------
Pre-Petition Long
Term Debt 32,180,761
Post-Petition Long
Term Debt 153,205
Accrued OPEB Cost 34,849 119,859,724 1,446,589 9,348,584
Accrued Pension Cost 1,134,572
Pre-Petition Accrued
Expenses-Exhibit I 0 11,104,689 3,573,908 0 0 0
Post-Petition Accrued
Expenses-Exhibit J 0 406,322 (198,554) 0 0 0
-------------------------------------------------------------------------------
Total Long Term
Liabilities 34,849 164,839,273 3,375,354 1,446,589 9,348,584 0
-------------------------------------------------------------------------------
Preferred Stock 2,112,000
- --------------- -------------------------------------------------------------------------------
STOCKHOLDERS' EQUITY
(DEFICIT)
Common Stock 10,000 10,798,251 6 2,246,866 5,619,274 1,000
Additional Paid-In Capital 32,791,532 27,579,007
Accumulated Deficit 3,430,604 (106,184,621) 5,831,566 (19,975,261) 83,654,535 1,925,753
Treasury Stock (12,125) (33,557,453)
-------------------------------------------------------------------------------
Total Stockholders'
Equity (Deficit) 3,440,604 (62,606,963) 5,831,572 (17,728,395) 83,295,363 1,926,753
-------------------------------------------------------------------------------
Total Liabilities &
Stockholders' Equity
(Deficit) $592,218 $343,768,411 $15,449,793 $0 $11,069,053 $446,519
===============================================================================
Page 3 of 6
IV. BALANCE SHEET (Continued)
Sub Elimin-
Total ations Total
----- -------- -----
ASSETS
------
Current
- -------
Cash $2,965,143 $2,965,143
Inventory 42,090,347 42,090,347
Accounts Receivable 30,807,221 30,807,221
Prepaid Expenses 1,956,173 1,956,173
Other-Exhibit E 19,260,806 (15,877,776) 3,383,030
-----------------------------------------
Total Current Assets 97,079,690 (15,877,776) 81,201,914
-----------------------------------------
Fixed
- -----
Property and Equipment 351,713,462 351,713,462
Accumulated Depreciation (266,343,671) (266,343,671)
-----------------------------------------
Total Fixed Assets 85,369,791 0 85,369,791
-----------------------------------------
Other
- -----
Restricted Investments 6,227,196 6,227,196
Prepaid Pension Asset 139,150,944 139,150,944
Deferred Financing Costs 951,028 951,028
Goodwill 751,508 751,508
Other-Exhibit F 41,795,837 (41,173,674) 622,163
-----------------------------------------
Total Other Assets 188,876,513 (41,173,674) 147,702,839
-----------------------------------------
Total Assets $371,325,994 ($57,051,450) $314,274,544
=========================================
LIABILITIES
-----------
Current
- -------
Pre-Petition Accounts
Payable $20,664,397 $20,664,397
Post-Petition Accounts
Payable 1,662,956 1,662,956
Pre-Petition Accounts
Payable-Affiliates 15,879,389 $(14,904,350) 975,039
Post-Petition Accounts
Payable-Affiliates 3,356,617 (973,426) 2,383,191
Pre-Petition Accrued
Expenses-Exhibit G 20,313,931 0 20,313,931
Post-Petition Accrued
Expenses-Exhibit H 13,625,444 0 13,625,444
Post-Petition Accrued
Professional Fees 3,485,884 3,485,884
Post-Petition Accrued
Other Taxes-Exhibit M (363,918) 0 (363,918)
Pre-Petition Notes
Payable and Current
Maturities of
Long Term Debt 28,136,290 28,136,290
Post-Petition Notes
Payable and Current
Maturities of
Long Term Debt 37,075,989 37,075,989
Accrued OPEB Cost 11,893,663 11,893,663
Income Taxes Payable 0 0
Pre-petition accrued pref.
Stock dividends 11,845,805 11,845,805
Post petition accrued pref.
Stock dividends 8,433,964 8,433,964
-----------------------------------------
Total Current
Liabilities 176,010,411 (15,877,776) 160,132,635
-----------------------------------------
Long Term
- ---------
Pre-Petition Long
Term Debt 32,180,761 32,180,761
Post-Petition Long
Term Debt 153,205 153,205
Accrued OPEB Cost 130,689,746 130,689,746
Accrued Pension Cost 1,134,572 1,134,572
Pre-Petition Accrued
Expenses-Exhibit I 14,678,597 0 14,678,597
Post-Petition Accrued
Expenses-Exhibit J 207,768 0 207,768
-----------------------------------------
Total Long Term
Liabilities 179,044,649 0 179,044,649
-----------------------------------------
Preferred Stock 2,112,000 2,112,000
- --------------- -----------------------------------------
STOCKHOLDERS' EQUITY
(DEFICIT)
Common Stock 18,675,397 (7,877,145) 10,798,252
Additional Paid-In Capital 60,370,539 (27,579,007) 32,791,532
Accumulated Deficit (31,317,424) (39,274,975) (70,592,399)
Treasury Stock (33,569,578) 33,557,453 (12,125)
-----------------------------------------
Total Stockholders'
Equity (Deficit) 14,158,934 (41,173,674) (27,014,740)
-----------------------------------------
Total Liabilities &
Stockholders' Equity
(Deficit) $371,325,994 ($57,051,450) $314,274,544
=========================================
Note 1 - Inventory balances above reflect reserves related to LIFO and
obslescence that are not reflected in the inventory balances shown on
the Profit & Loss Statement.
Note 2 - Substantially all Current and Long Term Accrued OPEB (Future Retiree
Medical) Costs were incurred pre-petition.
Page 4 of 6
EXHIBIT E
OTHER CURRENT ASSETS
Sub Elimin-
FVSW KCI DEMI JLP SWC SWCI Total ations Total
---- --- ---- --- --- ---- ----- ------- -----
Interest Receivable $567 $567 $567
Note Receivable 75,000 75,000 75,000
Intercompany Receivable $3,227,457 $15,449,793 $412,297 19,089,547 $(15,877,776) 3,211,771
Short Term Investments 20,428 20,428 20,428
Receivable From EB Plans 72,837 72,837 72,837
Stop Loss Receivable 1,927 1,927 1,927
Security Deposit 500 500 500
------------------------------------------------------------------------------------------------------
Total Other Current
Assets $75,567 $3,323,149 $15,449,793 $0 $412,297 $0 $19,260,806 ($15,877,776) $3,383,030
======================================================================================================
EXHIBIT F
OTHER LONG TERM ASSETS
Sub Elimin-
FVSW KCI DEMI JLP SWC SWCI Total ations Total
---- --- ---- --- --- ---- ----- ------- -----
Note Receivable $40,000 $40,000 $40,000
Rail Cars $254,113 254,113 254,113
Investment in Sherman
Wire Company 38,915,803 38,915,803 $(38,915,803) 0
Investment in Fox Valley
Steel & Wire 10,000 10,000 (10,000) 0
Investment in Sherman Wire
of Caldwell Inc. 1,000 1,000 (1,000) 0
Investment in J.L.
Prescott/DEMI $2,246,871 2,246,871 (2,246,871) 0
Long Term Insurance
Receivable 323,250 323,250 323,250
Deposits 4,800 4,800 4,800
0 0
------------------------------------------------------------------------------------------------------
Total Other Long Term
Assets $40,000 $39,508,966 $0 $0 $2,246,871 $0 $41,795,837 ($41,173,674) $622,163
======================================================================================================
EXHIBIT G
PRE-PETITION ACCRUED EXPENSES - CURRENT
Sub Elimin-
FVSW KCI DEMI JLP SWC SWCI Total ations Total
---- --- ---- --- --- ---- ----- ------- -----
Income Taxes $3,183 $35,632 ($36,000) ($70,091) ($67,276) ($67,276)
Worker Comp Exp $2,325,119 (168) 2,324,951 2,324,951
Missar Pension 0 19,935 19,935 19,935
Unclaimed Property 6,487 17,540 24,027 24,027
Abandoned Real Estate Exp 0 658,744 658,744 658,744
Legal and Professional Fees 142,856 487,932 630,788 630,788
Self-Insurance Liability 2,410,006 5,050,166 7,460,172 7,460,172
Pensions 0 15,704 15,704 15,704
Salaries/Wages 71,558 47,300 118,858 118,858
Holiday Pay/Vacations 0 127,854 127,854 127,854
FICA - Employer 0 3,257 3,257 3,257
Federal Unemployment Taxes 0 3,397 3,397 3,397
State Unemployment Taxes 0 20,577 20,577 20,577
Defined Contribution Plan 0 28,615 28,615 28,615
Medical Insurance 86,560 88,737 $16,419 191,716 191,716
Utilities 0 5,049 (110) 4,939 4,939
Volume Incentive Plan 0 72,000 72,000 72,000
Property Tax 0 32,865 5,973 38,838 38,838
Sales/Use Tax 0 8,124 1,800 9,924 9,924
Customer Overpayments 0 50,843 50,843 50,843
Other - Plant Shut-Down 0 40,000 40,000 40,000
Goods received not invoiced 0 0 0
Unearned Revenue 0 0 0
Sales Rebates/Discounts 41,275 41,275 41,275
Manufacturing Misc 0 0 0
EPA 7,837,183 7,837,183 7,837,183
Medical Insurance 0 0 0
Accrued State Franchise Tax 172,743 172,743 172,743
Accrued Bank Service Charge (9,995) (9,995) (9,995)
Accrued Interest 454,639 454,639 454,639
Accrued travel 40,223 40,223 40,223
Accrued taxes - other 0 0
------------------------------------------------------------------------------------------------------
Total Pre-Petition
Accrued Expenses-Current $3,183 $13,578,654 $35,632 ($36,000) $6,668,380 $64,082 $20,313,931 $0 $20,313,931
======================================================================================================
Page 5 of 6
EXHIBIT H
POST PETITION ACCRUED EXPENSES - CURRENT
Sub Elimin-
FVSW KCI DEMI JLP SWC SWCI Total ations Total
---- --- ---- --- --- ---- ----- ------- -----
Abandoned Real Estate Exp $318 $5,855 $6,173 $6,173
Pensions 0 17,274 17,274 17,274
Salaries/Wages 666,112 (2,971) 663,141 663,141
Holiday Pay/Vacations 4,257,585 (739) 4,256,846 4,256,846
Defined Contribution Plan 606,367 17,122 623,489 623,489
Medical Insurance 293,932 (13,482) $(4,039) 276,411 276,411
Utilities 270,363 75,145 459 345,967 345,967
Legal 301,804 (13,121) 288,683 288,683
Professional Fees 283,691 283,691 283,691
Goods Received Not Invoiced 795,808 795,808 795,808
Worker's Compensation 2,837,804 2,837,804 2,837,804
Unearned Revenue 1,539 1,539 1,539
Sales Rebates/Discounts 1,516,290 1,516,290 1,516,290
Abanondon Property 0 0 0
Miscellaneous 581,500 30,241 611,741 611,741
Accrued Bank Service Charge 42,595 42,595 42,595
Accrued Self-Insurance
Losses (149,856) (149,856) (149,856)
Accrued Interest 731,117 731,117 731,117
Accrued Travel 0 0 0
Accrued Profit Sharing 250,000 250,000 250,000
Accrued Management Fees 226,731 226,731 226,731
--------------------------------------------------------------------------------------------
Total Post Petition
Accrued Expenses
-Current $0 $13,513,700 $0 $0 $115,324 ($3,580) $13,625,444 $0 $13,625,444
============================================================================================
EXHIBIT I
PRE-PETITION ACCRUED EXPENSES - LONG TERM
Sub Elimin-
FVSW KCI DEMI JLP SWC SWCI Total ations Total
---- --- ---- --- --- ---- ----- ------- -----
Environmental $3,127,000 $3,573,908 $6,700,908 $6,700,908
Workmans Compensation 1,846,775 1,846,775 1,846,775
Accrued Deferred Interest
Exp. 781,715 781,715 781,715
L/T Deferred Compensation 24,212 24,212 24,212
Long Term Disability 32,987 32,987 32,987
L/T Deferred Tax Liability 5,292,000 5,292,000 5,292,000
0 0
--------------------------------------------------------------------------------------------
Total Pre-Petition
Accrued Expenses
-Long Term $0 $11,104,689 $3,573,908 $0 $0 $0 $14,678,597 $0 $14,678,597
============================================================================================
EXHIBIT J
POST PETITION ACCRUED EXPENSES - LONG TERM
Sub Elimin-
FVSW KCI DEMI JLP SWC SWCI Total ations Total
---- --- ---- --- --- ---- ----- ------- -----
Workmans Compensation $401,025 $401,025 $401,025
Long Term Disability 5,297 5,297 5,297
Environmental $(198,554) (198,554) (198,554)
0 0
0 0
0 0
0 0
--------------------------------------------------------------------------------------------
Total Post Petition
Accrued Expenses
-Long Term $0 $406,322 ($198,554) $0 $0 $0 $207,768 $0 $207,768
============================================================================================
EXHIBIT M
POST PETITION ACCRUED OTHER TAXES
Sub Elimin-
FVSW KCI DEMI JLP SWC SWCI Total ations Total
---- --- ---- --- --- ---- ----- ------- -----
FICA - Employer ($263,134) $2,181 ($260,953) ($260,953)
Federal Unemployment Taxes 0 1,684 1,684 1,684
State Unemployment Taxes 0 (11,946) (11,946) (11,946)
Property Tax 291,556 16,828 $(3,479) 304,905 304,905
Sales/Use Tax 2,830 2,870 5,700 5,700
Accrued State Franchise Tax (362,102) (362,102) (362,102)
Miscellaneous (41,206) (41,206) (41,206)
------------------------------------------------------------------------------------------------
Total Post Petition
Accrued Other Taxes $0 ($372,056) $0 $0 $11,617 ($3,479) ($363,918) $0 ($363,918)
================================================================================================
Page 6 of 6