GREENBERG TRAURIG, LLP
Attorneys for Debtors and
Debtors-in-Possession
Richard S. Miller (RM-2428)
David Neier (DN-5391)
200 Park Avenue
New York, NY 10166
212-801-9200
UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF NEW YORK
- --------------------------------------x
In re: : Chapter 11
:
JACOM COMPUTER SERVICES, INC., :
UNICAPITAL CORPORATION, et al, :
-- -- :
:
Debtors. :
: Case No. 00-42719 (CB)
Jointly Administered
- --------------------------------------x
SCHEDULE OF CASH RECEIPTS AND
DISBURSEMENTS FOR THE PERIOD
OF JUNE 1, 2001 TO JUNE 30, 2001
Attached is the Debtors' consolidated schedule of cash receipts
and disbursements for the month of June 2001.
Dated: New York, New York
August 3, 2001
GREENBERG TRAURIG LLP
By:/s/Richard S. Miller
---------------------------------
Richard S. Miller (RM-2428)
David Neier (DN-5391)
Attorneys for Debtors and
Debtors-in-Possession
200 Park Avenue
New York, NY 10166
(212) 801-9200
UniCapital Corporation
Lead Case, Jacom Computer Services, Inc
Case Number 00-42719 (CB)
Report of Cash Receipts and Disbursements
June 1 to 30, 2001
Beginning Cash Balance 1,034,451
Inflows:
Lease Stream Inflows 2,086,896
PFSC Servicing Fee (62,441)
Big Ticket Lease Payments 299,980
Big Ticket Asset Sales 956,000
Other 481,433
----------------
Total 3,761,868
Outflows:
Personnel Costs 1,611,153
Professional Fees 608,669
Operating Costs:
Travel, Lodging, & Meals 30,222
Occupancy 312,981
Other 233,294
---------------
Total 2,796,319
Cash Sweep to Bank of America 1,000,000
DIP Advances -
===============
Total 3,796,319
Ending Cash Balance $1,000,000
===============
- --------------------------------------------------------------
JUNE
-----
Beginning Cash Balance 1,034,451
Receipts 3,768,621
Less: Related Disbursements (6,752)
---------
Total Net Receipts 3,761,868
Checks 647,406
Wires 3,192,922
----------
Total 3,840,328
Less: Related Receipts (44,009)
---------
Total Net Disbursements 3,796,319
Ending Cash Balance 1,000,000
- --------------------------------------------------------------
JUNE RECEIPTS
- -------------
Receipt Date Amount Description
------------ ------ -----------
6/1/2001 102,292 Jacom VAT refund
6/1/2001 40,977 PFSC Suspense clearing
6/4/2001 35,722 Interest on $10 MM Escrow
6/6/2001 100,000 Hartford Deposit for Engine 662506
6/6/2001 50,000 Sale of Engines 649304 & 649523 to GEAM
6/6/2001 1,000 Sale of engine scrap to Ultimate Aircraft Composites Corp.
6/6/2001 518 Miscellaneous deposit
6/6/2001 249,980 Receipt from Air Atlanta Icelandic
6/5/2001 7,675 Closing of Todd & Levi Escrow accounts
6/7/2001 250,000 Final Payment from Hartford for Engine 662506
6/12/2001 275,000 Payment from Hartford for Engine 662792
6/13/2001 57,357 UCP Collection from PNC
6/15/2001 1,922,391 Net Monthly Settlement
6/15/2001 44,707 Net Monthly Settlement
6/18/2001 50,000 Receipt from Evergreen
6/18/2001 126,469 Reimbursement from Morgan Lewis
6/18/2001 6,086 Collection from US Treasury
6/18/2001 539 Danielson Rent $409 & $130
6/18/2001 2,324 Miscellaneous Deposits
6/20/2001 1,657 Close and swept Varilease DBA IT Solutions 3751291916
6/22/2001 85,000 Sale of Gym
6/22/2001 130 Danielson Rent
6/22/2001 110 Misecllaneous Deposits
6/29/2001 732 Miscellaneous Deposits
6/29/2001 20,000 Sale of Matrix JV
6/29/2001 52,953 PP&E Sales
6/29/2001 285,000 Sale of engine 662533 to Hartford Aviation
---------
3,768,621
JUNE RELATED DISBURSEMENTS
- --------------------------
Receipt Date Amount Description
------------ ------ -----------
6/1/2001 2,752 BSB LEASING INC (return of midirected receipts)
6/7/2001 2,000 AERGLOBE (649304 storage)
6/8/2001 1,500 WANER (storage of 649523)
6/28/2001 500 AL MONTI, INC (period 2)
---------
6,752
UniCapital Corporation
Lead Case, Jacom Computer Services, Inc
Case Number 00-42719 (CB)
Report of Cash Receipts and Disbursements
June 1 to 30, 2001
JUNE CHECKS
- -----------
Check Date Check Number Amount Recipient
---------- ------------ ------ ---------
5/31/2001 20774 (45,957) BAYSHORE OPERATING (HQ rent) (June) (voided in June)
6/1/2001 20795 47,895 COLLIERS (HQ rent) (June)
6/4/2001 20796 1,466 BRIDDELL TALBOT (period 2)
6/4/2001 20797 3,000 JODY CAMPBELL (tax-change) (period 2)
6/7/2001 20798 1,301 ADVANCED CAPITAL (period 2)
6/7/2001 20800 645 AIRBORNE EXPRESS (period 2)
6/7/2001 20801 300 AL MONTI, INC (period 2)
6/7/2001 20802 2,000 AMERICAN STOCK EXCHANGE (June)
6/7/2001 20803 76 AT&T (period 2)
6/7/2001 20804 535 AUTOMATIC DATA PROCESSING (period 2)
6/7/2001 20805 10,518 BANK OF AMERICA (Wampler) (period 2)
6/7/2001 20806 3,627 BELLSOUTH (period 2)
6/7/2001 20807 48,259 CANANWILL INC (June)
6/7/2001 20808 1,872 CITICORP (UAEG forklift lease payment) (period 2)
6/7/2001 20809 34 CT CORPORATION (April)
6/7/2001 20810 76 CT CORPORATION (March)
6/7/2001 20811 505 DAUGHERTY FOWLER (January)
6/7/2001 20812 65,320 DONLIN RECANO & COMPANY (period 2)
6/7/2001 20813 3,015 EVERGREEN AIR CENTER (June)
6/7/2001 20814 246 FEDERAL EXPRESS (period 2)
6/7/2001 20815 276 GUARANTEE RECORDS (HQ) (May)
6/7/2001 20816 3,960 MAIN SQUARE (Walden final rent) (period 1)
6/7/2001 20817 2,026 MINK ALBERT (period 2)
6/7/2001 20818 2,117 NORWALK (Walden final rent) (period 1)
6/7/2001 20819 10,766 ONE HOLLIS (Walden final rent) (period 1)
6/7/2001 20820 2,000 RON HANNULA (Tower records) (period 2)
6/7/2001 20821 4,000 SERMO BARRACKS (Tower records) (period 2)
6/7/2001 20822 210 SPITZER DEBBIE (temp) (period 2)
6/7/2001 20823 45 STATE OF COLORADO (period 2)
6/7/2001 20824 28,285 TOGUT,SEGAL (April)
6/7/2001 20825 4,637 U & A CONSTRUCTION (Jacom elec.) (May)
6/7/2001 20826 106 VICTOR PETRUZELLI'S CLEANING (period 2)
6/7/2001 20827 300 WILSON JOAN (temp) (period 2)
6/7/2001 20828 600 COLOMER ANITA (HQ cleaning) (period 2)
6/7/2001 20829 500 RIVERA MIRTHA (HQ cleaning) (period 2)
6/14/2001 20831 290 A STORAGE INN (Varilease Capital) (period 2)
6/14/2001 20832 1,275 ADVANCED CAPITAL (period 2)
6/14/2001 20833 110 AT&T WIRELESS (period 2)
6/14/2001 20834 192 AUGER ROGER (Danielson) (period 2)
6/14/2001 20835 678 BOWNE OF PITTSBURGH (period 2)
6/14/2001 20836 99 BROWNING-FERIS (Danielson) (period 2)
6/14/2001 20837 847 CAPITAL CLEANING (Jacom 2 months) (period 2)
6/14/2001 20838 589 CHAIT DANIEL (period 2)
UniCapital Corporation
Lead Case, Jacom Computer Services, Inc
Case Number 00-42719 (CB)
Report of Cash Receipts and Disbursements
June 1 to 30, 2001
Check Date Check Number Amount Recipient
---------- ------------ ------ ---------
6/14/2001 20839 600 COLOMER ANITA (HQ cleaning) (period 2)
6/14/2001 20840 88 CULLIGAN (period 2)
6/14/2001 20841 44 DEER PARK (period 1)
6/14/2001 20842 261 DISKETTES UNLIMITED (period 2)
6/14/2001 20843 6,075 IVERSON DIANE (termp) (period 2)
6/14/2001 20844 436 MCANDREW KATHY (payroll) (period 2)
6/14/2001 20845 629 NADLER HAL (period 2)
6/14/2001 20846 500 RIVERA MIRTHA (HQ cleaning) (period 2)
6/14/2001 20847 46 SNET (UAEG) (period 2)
6/14/2001 20848 148 SNET (UAEG) (period 2)
6/14/2001 20849 180 SPITZER DEBBIE (temp) (period 2)
6/14/2001 20850 657 SWANN MEGAN (period 2)
6/14/2001 20851 62 TODD & LEVI LLP (May)
6/14/2001 20852 300 WILSON JOAN (temp) (period 2)
6/14/2001 20853 468 WORLDWIDE MOVING (HLC storage) (period 2)
6/15/2001 20854 4,554 BRIDDELL TALBOT (period 2)
6/15/2001 20855 2,103 CANNON RICHARD (period 2)
6/15/2001 20856 1,377 CITICORP (UAEG forklift lease payment) (period 2)
6/15/2001 20857 95 NORTHEAST UTILITIES (UAEG) (period 2)
6/15/2001 20858 54 SANTA ENERGY (UAEG) (period 2)
6/20/2001 20859 788 ADVANCED CAPITAL (period 2)
6/20/2001 20860 1,262 AIRBORNE EXPRESS (period 2)
6/20/2001 20861 104 AT&T WIRELESS (period 2)
6/20/2001 20862 607 AUTOMATIC DATA PROCESSING (period 2)
6/20/2001 20863 8,490 BANK OF AMERICA (period 2)
6/20/2001 20864 1,440 BRANCH AUBREY (temp) (period 2)
6/20/2001 20865 804 BRIDDELL TALBOT (period 2)
6/20/2001 20866 2,237 CHAIT DANIEL (period 2)
6/20/2001 20867 31,355 CITIGATE INC (period 2)
6/20/2001 20868 600 COLOMER ANITA (HQ cleaning) (period 2)
6/20/2001 20869 293 DAUGHERTY FOWLER (May)
6/20/2001 20870 2,625 IVERSON DIANE (period 2)
6/20/2001 20871 91 JAYLEX INC (period 2)
6/20/2001 20872 400 LYNCH SYSTEMS (Jacom) (period 2)
6/20/2001 20873 1,127 MCAFEE & TAFT (March - May) (period 2)
6/20/2001 20874 103 MCANDREW KATHY (period 2)
6/20/2001 20875 1,258 PETE CARON (Danielson) (period 2)
6/20/2001 20876 500 RIVERA MIRTHA (HQ cleaning) (period 2)
6/20/2001 20877 455 SPITZER DEBBIE (temp) (period 2)
6/20/2001 20878 600 WILSON JOAN (temp) (period 2)
6/22/2001 20879 627 AIRBORNE EXPRESS (period 2)
6/22/2001 20880 1,100 CASTILLO ALBERTO (UAEG maintenance) (period 2)
6/22/2001 20881 4,664 COMPUTERS 4SURE (IT tapes) (period 2)
6/22/2001 20882 671 COMRES (period 2)
6/22/2001 20883 15 CRYSTAL ROCK WATER (period 2)
6/22/2001 20884 133 CRYSTAL ROCK WATER (period 2)
6/22/2001 20885 132 FEDERAL EXPRESS (period 2)
6/22/2001 20886 263 NADLER HAL (HQ supplies) (period 2)
6/22/2001 20887 45 NORTHEAST UTILITIES (period 2)
6/22/2001 20888 278 PARK AVENUE (HQ) (period 2)
6/22/2001 20889 151 STAUB IRWIN (Jacom supplies) (period 2)
6/28/2001 20890 750 ADVANCED CAPITAL (period 2)
UniCapital Corporation
Lead Case, Jacom Computer Services, Inc
Case Number 00-42719 (CB)
Report of Cash Receipts and Disbursements
June 1 to 30, 2001
Check Date Check Number Amount Recipient
---------- ------------ ------ ---------
6/28/2001 20892 9,500 AL MONTI, INC (period 2)
6/28/2001 20893 87 AT&T (period 2)
6/28/2001 20894 25 AUTOMATIC DATA PROCESSING (period 2)
6/28/2001 20895 6,196 BRIDDELL TALBOT (period 2)
6/28/2001 20896 600 COLOMER ANITA (HQ cleaning) (period 2)
6/28/2001 20897 59,638 CONNECTICUT GENERAL (June)
6/28/2001 20898 1,759 CONNECTICUT GENERAL (June)
6/28/2001 20899 49 CRYSTAL ROCK (period 2)
6/28/2001 20900 201 DISKETTES UNLIMITED (period 2)
6/28/2001 20901 18 FEDERAL EXPRESS (period 2)
6/28/2001 20902 73 FIRST DISTRICT WATER (period 2)
6/28/2001 20903 22,507 FLORIDA DEPARTMENT OF REVENUE
6/28/2001 20904 813 GE ON WING SUPPORT (period 2)
6/28/2001 20905 978 GRAEBEL COMPANIES (period 2)
6/28/2001 20906 6,062 MINK ALBERT (period 2)
6/28/2001 20907 597 PARK AVENUE (period 2)
6/28/2001 20908 92,096 PRICEWATERHOUSE (APRIL)
6/28/2001 20909 500 RIVERA MIRTHA (HQ cleaing) (period 2)
6/28/2001 20910 148 SNET (period 2)
6/28/2001 20911 420 SPITZER DEBBIE (temp) (period 2)
6/28/2001 20912 5,000 THE LAKE GROUP (June)
6/28/2001 20913 6,235 U&A CONSTRUCTION (Jacom elect.) (June)
6/28/2001 20914 1,141 VORRATH DAVID (period 2)
6/28/2001 20915 130,000 WILLIS LIMITED (Aircraft/ engine insurance)
6/28/2001 20916 600 WILSON JOAN (temp) (period 2)
6/29/2001 20917 2,289 AKERMAN & Senterfitt (May)
6/29/2001 20918 747 CHAIT DANIEL (period 2)
6/29/2001 20919 3,131 HOLLAND & HART (April - May)
6/29/2001 20920 3,606 MASON SLOVIN (period 2)
6/29/2001 20921 45 SECRETARY OF STATE (period 2)
6/29/2001 20922 45 SECRETARY OF STATE (period 2)
6/29/2001 20923 - Voided
6/29/2001 20924 1,012 SHERMAN STEVE (period 2)
-------
647,406
JUNE WIRES
- ----------
Wire Date Amount Description
--------- ------ -----------
6/13/2001 204,399 Payroll
6/15/2001 37,941 Security Deposit and First Month for New HQ Office
6/19/2001 84,305 PFSC: May
6/22/2001 20,000 Magellen: Engine Management (engine move to Evergreen)
6/22/2001 7,700 Southern Pride (engine move to Evergreen)
6/22/2001 1,460 Final payoff of Vento 401 K Loan
6/25/2001 7,269 Air Industries (engine move to Evergreen)
6/27/2001 1,056,092 Payroll (including severance)
6/28/2001 300,000 Payroll (including severance)
6/28/2001 195,343 Greenberg: April
6/28/2001 113,530 Dewey Ballantine: Final
6/28/2001 3,624 Air Industries (engine move to Evergreen)
6/29/2001 131,635 Morgan Lewis: Catchup payment
6/29/2001 29,657 Greenberg: April
6/29/2001 (33) Funding Adjustment
6/29/2001 1,000,000 B of A Segregated Cash Collateral 3751745941
----------
3,192,922
JUNE RELATED RECEIPTS
- ---------------------
Wire Date Amount Description
--------- ------ -----------
6/4/2001 10,958 Reversal of Erroneous B of A Acount Analysis Charge
6/27/2001 1,460 Return of Final payoff of Vento 401 K Loan
6/29/2001 31,591 COBRASERV: April
-------
44,009