Exhibit 99.1
UNITED STATES BANKRUPTCY COURT
FOR THE EASTERN DISTRICT OF MICHIGAN
TRANSMITTAL OF FINANCIAL REPORTS AND
CERTIFICATION OF COMPLIANCE WITH UNITED STATES TRUSTEE
OPERATING REQUIREMENTS FOR
THE PERIOD ENDED: October 31, 2004
------------------
IN RE:
Intermet Corporation, et al
CASE NUMBER: 04-67597
Chapter 11
Intermet Corp. Judge: Marci B. McIvor
- ---------------------------------------/
Debtor
As debtor in possession, I affirm:
1. That I have reviewed the financial statements attached hereto, consisting of:
X Operating Statement (Form 2)
---
X Balance Sheet (Form 3)
---
X Summary of Operations (Form 4)
---
X Monthly Cash Statement (Form 5)
---
X Statement of Compensation (Form 6)
---
X Schedule of In-Force Insurance (Form 7)
---
and that they have been prepared in accordance with normal and customary
accounting practices, and fairly and accurately reflect the debtor's financial
activity for the period stated;
2. That the insurance, including workers' compensation and unemployment
insurance, as described in Section 5 of the Operating Instructions
and Reporting Requirements For Chapter 11 Cases is in effect; and,
(If not, attach a written explanation) YES X NO
--- ---
3. That all post-petition taxes as described in Section 9 of the Operating
Instructions and Reporting Requirements For Chapter 11 cases are current.
(If not, attach a written explanation) YES X NO
--- ---
4. No professional fees (attorney, accountant, etc.) have been paid without
specific court authorization.
(If not, attach a written explanation) YES X NO
--- ---
5. All United States Trustee Quarterly fees have been paid and are current.
YES X NO
--- ---
6. Have you filed your pre-petition tax returns.
(If not, attach a written explanation) YES X NO
--- ---
I hereby certify, under penalty of perjury, that the information provided above
and in the attached documents is true and correct to the best of my information
and belief.
/s/ Robert E. Belts
Dated: December 3, 2004 ------------------------------------------------
------------------ Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- -----------------------
Title Phone
Form 1
Intermet Corporation and Subsidiaries
Operating Statement Case # 04-67597
For the Month Ended 10-31-04 Intermet
(000's) Corp (*)
----------------------------------------------
Current Month Total Since Filing
--------------------- ----------------------
Net Sales $58,747 $58,747
Cost of Goods Sold
Materials and Freight 21,092 21,092
Wages - Hourly 9,782 9,782
Wages-Salary 2,909 2,909
Employee Benefits and Pension 6,812 6,812
Repairs & Maintenance 2,501 2,501
Supplies 2,921 2,921
Utilities 3,074 3,074
Purchased Components/Services 4,945 4,945
Income(loss) from Pattern Sales (36) (36)
Fixed Asset - (gain/loss) (76) (76)
MIS Expense 304 304
Travel & Entertainment 46 46
Other Variable Costs 2,842 2,842
Depreciation & Amortization 3,193 3,193
Other Allocated Fixed Costs 293 293
Other Fixed Costs 1,134 1,134
--------------------- ----------------------
Cost of Goods Sold 61,737 61,737
Gross Profit (2,991) (2,991)
Plant SG&A Expense 196 196
SG&A Expense - Allocation (Sched 1) 4,405 4,405
Other Operating Expenses 17 17
--------------------- ----------------------
Total Operating Expenses 4,618 4,618
--------------------- ----------------------
Operating Profit (7,608) (7,608)
Outside Interest Income 99 99
Outside Interest (Expense) (1,381) (1,381)
Intercompany Interest Income 1 1
Intercompany Interest (Expense) (1) (1)
Charges (From) Affiliates (1,533) (1,533)
Charges To Affiliates 1,600 1,600
Income From European Subsidiary 463 463
Other Income/(Expense) 10 10
--------------------- ----------------------
Total Non-Operating Expenses (742) (742)
Income Before Income Taxes (8,350) (8,350)
Income Tax Expense 149 149
--------------------- ----------------------
Net Income ($8,500) ($8,500)
===================== ======================
(*) INTERMET CORP. INCLUDES THE CONSOLIDATED RESULTS OF INTERMET CORPORATE AND
ITS DOMESTIC SUBSIDIARIES AS WELL AS THE INCOME FROM EUROPEAN OPERATIONS.
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs (October)
(Allocation of Corporate Costs to Filing Entities)
October
----------
Officer Compensation $ 196,042
Salary Expense other Employees 802,961
Employee Benefits and Pension 133,527
Payroll Taxes 43,948
Other Taxes 6,922.86
Rent and Lease Expense 180,971
Interest Expense
Insurance 69,363
Automobile and Truck Expense 2,695
Utilities(Gas Electric,Phone) 47,700
Depreciation 89,205
Travel and Entertainment 70,376
Repairs and Maintenance 53,523
Advertising/Promotion 0
Supplies, Office Expense 24,275
OTHER:
Contributions 0
Professional Fees - Audit/Tax 131,192
Bank Fees 17,576
Public Reporting Fees 16,000
Employee Relocation/Training 2,850
Data Processing 28,029
Dues and Subscriptions 7,328
Outside Services 311,339
Project Development Costs net of Billings 56,285
Director Fees (144,667)
Miscellaneous (158,119)
Professional Fees - Bankruptcy 2,643,198
Cost Allocation - Out (227,787)
----------
$4,404,731
==========
Allocation:
Wagner Castings $ 177,312
Northern Castings 46,825
Ironton Iron 0
Lynchburg Foundry 179,333
Columbus Foundry 290,418
Wagner Havana 0
Intermet U.S. Holdings 240,779
Cast-Matic Corp. 76,250
Diversified Diemakers 239,650
Ganton Technologies 155,833
Tool Products 127,416
Intermet Corporation 2,870,915
----------
Total $4,404,731
==========
Intermet Corporation and Subsidiaries
Balance Sheet As Of 10-31-04
(000's)
Case # 04-67597
Intermet
Corp (*)
---------------------
Cash And Equivalents $38,969
Accounts Receivable 93,727
Short-Term Intercompany Receivables (7)
Inventories 47,152
Other Current Assets 3,727
---------------------
TOTAL CURRENT ASSETS 183,569
Land and Buildings 114,563
Machinery & Equipment 399,521
Construction In Progress 14,346
---------------------
Total Fixed Assets 528,431
Accumulated Depreciation (296,126)
---------------------
NET FIXED ASSETS 232,305
Investment In Subsidiaries (2)
Investment In European Operations 89,077
Long-Term Intercompany Receivables 1
Deferred Taxes, Long-Term Asset 147
Other Assets 190,849
---------------------
TOTAL ASSETS $695,946
=====================
LIABILITIES AND SHAREHOLDER EQUITY
POST PETITION LIABILITIES
Accounts Payable $9,054
Wages and Salaries (See schedule) 2,963
Taxes Payable - (See schedule) 1,953
---------------------
TOTAL POST PETITION LIABILITIES 13,970
SECURED LIABILITIES:
Secured Liabilities - Bank Debt 162,239
PRE-PETITION LIABILITIES:
TAXES AND OTHER PRIORITY LIABILITIES:
Accrued Income Taxes 8,831
Accrued Tax - State (210)
Accrued Property Taxes 1,183
Accrued Workers Comp. 7,931
Accrued Payroll 3,936
Accrued Payroll Taxes 121
---------------------
TOTAL TAXES AND OTHER PRIORITY LIABILITIES 21,792
UNSECURED LIABILITIES
Accounts Payable 66,038
IDR Bonds 213,500
---------------------
TOTAL UNSECURED LIABILITIES 279,538
OTHER LIABILITIES
Accrued Liabilities 35,199
Total Intercompany Payables (8,739)
Notes Payable, Short Term 0
Capital Leases 574
Retirement Benefits 78,871
Deferred Taxes - Long-Term Liability (3,838)
Other Long-Term Liabilities 7,620
---------------------
TOTAL LIABILITIES 587,226
Common Stock 2,606
Capital In Excess Of Par Value 31,608
Retained Earnings - Pre-Petition 13,424
Retained Earnings - Post- Petition (8,963)
Equity in European Operations 89,077
Accumulated Translation Adjustment 3,842
Minimum Pension Liability Adjustment (22,683)
Unearned Restricted Stock (191)
---------------------
TOTAL SHAREHOLDERS' EQUITY 108,720
---------------------
TOTAL LIABILITIES AND EQUITY $695,946
=====================
INTERMET CORP. INCLUDES THE CONSOLIDATED RESULTS OF INTERMET CORP.
AND ITS DOMESTIC SUBSIDIARIES AS WELL AS ITS NET INVESTMENT EQUITY IN
EUROPEAN OPERATIONS.
PERIOD ENDED: 10-31-04 INTERMET CORPORATE CASE #04-67597
--------------------------
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
9/30/2004 Withheld Deposits 10/31/2004
------------------------------------------------------------------------------
Income tax withheld: Federal $0 ($149,135) $149,135 $0
Income tax withheld: State $0 ($35,001) $35,001 $0
Income tax withheld: Local $0 ($217) $217 $0
FICA Withheld $0 ($47,678) $47,541 ($137)
Employers FICA $0 ($47,678) $47,541 ($137)
Unemployment Tax: Federal $0 ($58) $58 $0
Unemployment Tax: State $0 ($368) $368 $0
All Other Payroll W/H $0 ($63,204) $1 ($63,203)
$0 $0 $0 $0
State Taxes: Inc./Sales/Use/Excise $0 $0 $0 $0
Property Taxes $0 ($1,600) $0 ($1,600)
Accrued Income Tax - Fed (65,169) (65,169)
Workers Compensation 0 0 0 0
------------------------------------------------------------------------------
Total $0 ($410,108) $279,862 ($130,246)
Wages and Salaries (222,222) (867,104) 645,300 (444,026)
------------------------------------------------------------------------------
Grand Total ($222,222) ($1,277,212) $925,162 ($574,272)
==============================================================================
Aging of Accounts Receivable
and Post Petition Accounts Payable
Age in Days (Post Petiition) 0-30 Days 30-60 Days Over 60 Days
Accounts Payable $9,054,195 $0 $0
Accounts Receivable $58,746,765 $0 $0
INTERMET CORPORATION AND SUBSIDIARIES PERIOD ENDED 10-31-04
CASE # 04-67597
INTERMET CORPORATION
ACCOUNT TYPE CONCEN. CONCEN. CONCEN. DEPOSIT DEPOSIT AP
ACCOUNT # 1054530796 1851811305 1599333 5401086482 8800789144 2770716377
BANK Stan. Fed. Comerica Bank One Stan. Fed. Suntrust Stan. Fed.
BEGINNING BANK BALANCE 7,537,084 4,023,759 1,914,717 - 122,835 -
RECEIPTS 56,201 3,094 11,730,317.07 768,799 - -
TRANSFERS IN 34,919,070 15,527,575 5,747,326.39 217,001 - 417,679
DIP INFLOW 1,839,418 - - - - -
DISBURSEMENTS (31,392,320) (843,967) (3,246,307) (246,862) (1,775) (417,679)
TRANSFERS OUT (12,048,221) (17,846,214) (15,278,154) (738,937) - -
----------- ----------- ------------- ---------- ---------- ----------
ENDING BANK BALANCE 911,232 864,248 867,900 - 121,060 -
WIRES PAID FOR BY CORPORATE A 35,489,515
CHECKS ISSUED 775,586
----------
TOTAL DISBURSEMENTS (SEE TOTAL DISBURSEMENTS RECONCILIATION) 36,265,101
CHECKS ISSUED (775,586)
CHECK CLEARED (417,129)
$550 also represents tax
service fees not paid with you
with a check.
----------
OUTSTANDING CHECKS (SEE OUTSTANDING CHECKLIST) 358,457
ACCOUNT TYPE AP/ BENEFITS PR BENEFITS BENEFITS CHECKING
ACCOUNT # 502836 2770716716 502756 611996 1385313
BANK Bank One Stan. Fed. Bank One Bank One Bank One
BEGINNING BANK BALANCE - - - - -
RECEIPTS - 31,338 - - -
TRANSFERS IN 555,535 648,594 3,211,263 363,842 -
DIP INFLOW - - - - -
DISBURSEMENTS (555,535) (648,594) (3,211,263) (363,842) -
TRANSFERS OUT - (31,338) - - -
-------- ---------- ---------- -------- -------
ENDING BANK BALANCE - - - - -
WIRES PAID FOR BY CORPORATE 280,411
CHECKS ISSUED
TOTAL DISBURSEMENTS (SEE TOTAL DISBURSEMENTS RECONCILIATION)
CHECKS ISSUED
CHECK CLEARED
OUTSTANDING CHECKS (SEE OUTSTANDING CHECKLIST)
ACCOUNT TYPE ENVIRONMENTAL RABBI TRUST SPECIAL RETIREMENT TOTAL
ACCOUNT # 400806.1 800558.1 5401197545
BANK Lasalle Stan. Fed. Stan. Fed.
BEGINNING BANK BALANCE - 2,030,003 - 15,628,399
RECEIPTS 3,556 376 - 12,593,681
TRANSFERS IN - - - 61,607,885
DIP INFLOW - - - 1,839,418
DISBURSEMENTS (3,556) - - (40,931,700)
TRANSFERS OUT - - - (45,942,864)
-------- ------------ ---------- ------------
ENDING BANK BALANCE - 2,030,379 - 4,794,819
WIRES PAID FOR BY CORPORATE 9,787,352
CHECKS ISSUED
TOTAL DISBURSEMENTS (SEE TOTAL DISBURSEMENTS RECONCILIATION)
CHECKS ISSUED
CHECK CLEARED
OUTSTANDING CHECKS (SEE OUTSTANDING CHECKLIST)
CONCENTRATION ACCOUNT DISBURSEMENTS
Stan. Fed. (31,392,320)
Comerica (843,967)
Bank One (3,246,307)
-----------
(35,482,594) A
NOTE All wires are paid by Intermet Corp. and allocated to the plants.
INTERMET CORPORATE CASE # 04-67597
CASH DISBURSEMENTS
OCTOBER 2004
OCT CHECKS OCT TOTAL
VENDOR ISSUED OCT WIRES ISSUED DISBURSEMENTS
---------- ---------------- ---------------
ADP, INC. 1,541.56 - 1,541.56
AETNA U.S. HEALTHCARE 25,939.77 - 25,939.77
ALABAMA POWER 503.39 - 503.39
ALLIED VAN LINES - - -
AMERICAN ELECTRIC POWER 143.75 - 143.75
AMG, INC. 1,400.00 - 1,400.00
AMTECH INTERNATIONAL GROUP,LTD 38,286.00 - 38,286.00
ANDREWS, THOMAS 1,537.29 - 1,537.29
ARCH CONSULTING ASSOCIATES 2,100.00 - 2,100.00
ARGONAUT INSURANCE COMPANY 358.58 - 358.58
ASNT 607.25 - 607.25
AT&T WIRELESS - - -
AT&T-UNIVERSAL BILLER 425.08 - 425.08
BACKMAN, DAVID 2,004.99 - 2,004.99
BANDY, DAVID 246.91 - 246.91
BECKER, MICHAEL S. 142.29 - 142.29
BELLSOUTH 2,108.60 - 2,108.60
BELTS, ROBERT 81.38 - 81.38
BEST SOFTWARE, INC. 837.40 - 837.40
BLANCHARD CONSULTING, INC. 6,625.00 - 6,625.00
BP - CREDIT CARD CENTER 109.87 - 109.87
BRUECHERT, PAUL 37.50 - 37.50
BRYANT'S TREE SERVICE 225.00 - 225.00
BURGE, CRAIG 727.73 - 727.73
BURTON, GLEN 933.08 - 933.08
CHARLES G. MCCLURE 2,539.55 - 2,539.55
CIGNA 1,134.00 - 1,134.00
CINTAS CORPORATION 16.44 - 16.44
CITY OF RADFORD 305.71 - 305.71
CLIENT SERVICES-ECM 181.16 - 181.16
COLUMBUS WATER WORKS 128.89 - 128.89
COM ED 277.40 - 277.40
COR SOLUTIONS, INC. 59,628.66 - 59,628.66
COX, MICHAEL 412.26 - 412.26
DELAWARE SECRETARY OF STATE 86.50 - 86.50
DETROIT FREE PRESS 104.00 - 104.00
DICKSON ALLAN 10,239.14 - 10,239.14
DRUSCHITZ, ALAN P. 79.13 - 79.13
EASTERN COMPUTER EXCHANGE, INC 5,457.00 - 5,457.00
EDWIN B. BRANCH 33,663.94 - 33,663.94
EGH/TIMBERLAND THREE L.P. 115,049.57 - 115,049.57
ENTERPRISE FLEET SERVICES 18,570.01 - 18,570.01
EXEC-U-CARE 13,642.94 - 13,642.94
EXECUTIVE COFFEE SYSTEMS 374.31 - 374.31
EXXON MOBIL/GECC 200.62 - 200.62
FEDERAL RESERVE BANK OF 400.00 - 400.00
FITZGERALD, DAVID C. 630.78 - 630.78
FOREMAN, GREG 536.19 - 536.19
GE CAPITAL 19,512.14 - 19,512.14
GEORGIA POWER 22.00 - 22.00
GIERC, DANIEL 115.58 - 115.58
GILLILAND, TIM 5,160.17 - 5,160.17
GOPAL, NANDA P N 703.67 - 703.67
HALL, KEVIN W. 211.54 - 211.54
HAROLD SOLLENBERGER - - -
HEAVIN, TODD 654.93 - 654.93
HOOVER, ROB 9,233.51 - 9,233.51
HORN, REGINA 74.19 - 74.19
IBM CORPORATION 35,005.68 - 35,005.68
INTERMET CORPORATE CASE # 04-67597
CASH DISBURSEMENTS
OCTOBER 2004
OCT CHECKS OCT TOTAL
VENDOR ISSUED OCT WIRES ISSUED DISBURSEMENTS
---------- ---------------- ---------------
IKON FINANCIAL SERVICES 2,386.52 - 2,386.52
INTERZINC - - -
IRVIN, LESLIE B 53.60 - 53.60
JOHN DODDRIDGE 787.70 - 787.70
JOHN HANCOCK FINANCIAL SVCS. 439.00 - 439.00
JOHN P. CRECINE 1,919.61 - 1,919.61
JOHN R. HORNE 497.44 - 497.44
KARJALA, MARY JO 707.87 - 707.87
KEN BRANCH 112.56 - 112.56
KITCHEN AID 74.66 - 74.66
KLEIN, KYLE 375.66 - 375.66
KUZINSKI, MARK 460.12 - 460.12
LARRY BACON - - -
LAUGHLIN, JAY 442.32 - 442.32
LINDA LUMPKIN 415.73 - 415.73
LINDA WESTON PERSONNEL, INC 474.00 - 474.00
LISIO, JOHN 2,022.16 - 2,022.16
LOCHER, INC. 5,031.00 - 5,031.00
LONGHURST, JOHN 2,149.56 - 2,149.56
LOVELL, TONY 1,734.38 - 1,734.38
MACIOCE, RAPHAEL 10.48 - 10.48
MALLON, ROBERT 811.09 - 811.09
MANAGEMENT SYSTEMS INTL, INC. 9,706.38 - 9,706.38
MARSH USA INC. 39,900.00 - 39,900.00
MARTINEZ, FRED 2,407.55 - 2,407.55
MCCOLLUM, WILLIAM E. 3,258.43 - 3,258.43
MCDONALD, MATT 266.77 - 266.77
METLIFE 9,350.18 - 9,350.18
MICHIGAN CHAMBER OF COMMERCE 895.00 - 895.00
MISDU 881.18 - 881.18
MOORE, TERRY 3,283.91 - 3,283.91
NICOR GAS 106.17 - 106.17
NTFC CAPITAL CORPORATION 709.53 - 709.53
OESA 750.00 - 750.00
OHIO DEPARTMENT OF TAXATION 50.00 - 50.00
PAMS, GENE 2,293.02 - 2,293.02
PBCC 193.78 - 193.78
PENNSYLVANIA SCDU 1,494.00 - 1,494.00
PENSION BENEFIT GUARANTY CORP. - - -
PENSKE LEASING 3,519.36 - 3,519.36
PILON, KEVIN 1,548.64 - 1,548.64
PLASKO, RANDALL 557.62 - 557.62
POWERWAY, INC. 48,000.00 - 48,000.00
PR NEWSWIRE ASSOCIATION, LLC 2,000.00 - 2,000.00
PREFERRED DATA SYSTEMS 10,282.50 - 10,282.50
PROVIDENT LIFE & ACCIDENT INS. 14,322.90 - 14,322.90
PRUCHA, TOM 236.21 - 236.21
RADISSON KINGSLEY HOTEL 1,789.48 - 1,789.48
RAR HOLDINGS, INC. 6,644.00 - 6,644.00
RATKA, RICHARD 112.53 - 112.53
RIDLEY'S BAKERY CAFE 1,029.00 - 1,029.00
ROBERTS, DONALD 442.63 - 442.63
RUFF, GARY F. 716.41 - 716.41
RUTHERFORD, JOHN 1,528.52 - 1,528.52
SANDERS, S. DAVID 400.50 - 400.50
SBC 2,628.39 - 2,628.39
SCHELLHASE, DAN 1,024.70 - 1,024.70
SECURITY FORCES, INC. 54.24 - 54.24
SENIORSCRIPS 4,146.00 - 4,146.00
INTERMET CORPORATE CASE # 04-67597
CASH DISBURSEMENTS
OCTOBER 2004
OCT CHECKS OCT TOTAL
VENDOR ISSUED OCT WIRES ISSUED DISBURSEMENTS
---------- ---------------- ---------------
SHAW, ROBERT 1,090.50 - 1,090.50
SHOWALTER, ERIC 283.84 - 283.84
SILBERT, RICHARD 2,671.27 - 2,671.27
SOUTHERN MAINTENANCE SUPPLY 128.59 - 128.59
SPHERION CORPORATION 4,500.00 - 4,500.00
SPRINT 1,211.10 - 1,211.10
SPROUSE, JANE 115.92 - 115.92
T.R. WIGHT INC. 600.71 - 600.71
TALX CORPORATION 4,250.00 - 4,250.00
TENNESSEE DEPT OF REVENUE 2,393.00 - 2,393.00
TREASURER OF VIRGINIA 130.00 - 130.00
U.S. BANK TRUST 125.00 - 125.00
UNITED AMERICAN INSURANCE CO. 36,364.00 - 36,364.00
UNITED WAY OF CENTRAL VIRGINIA 660.00 - 660.00
USA TODAY 130.00 - 130.00
VALUEOPTIONS, INC 28,050.50 - 28,050.50
VANGUARD GROUP 13,113.29 - 13,113.29
VASS, S. REID 420.31 - 420.31
VERIZON 179.09 - 179.09
VERIZON WIRELESS MESSAGING SVC 172.92 - 172.92
VERIZON WIRELESS-GREAT LAKES 7,459.95 - 7,459.95
WALKER, SEAN 540.69 - 540.69
WASTE MANAGEMENT 89.16 - 89.16
WAYNE BOOTH INVESTMENTS 50,600.00 - 50,600.00
WISCONSIN DEPT. OF REVENUE 25.00 - 25.00
WOLF, JEFFERY 954.77 - 954.77
WOODLAND CAFE 99.37 - 99.37
ZEIMET, RANDY 517.97 - 517.97
- -
ABC Coke 417,052.72 417,052.72
Accu Die & Mold 82,510.00 82,510.00
Alcan Aluminum Corporation 1,823,828.84 1,823,828.84
Alcast Company 86,067.00 86,067.00
Alcoa Aluminum 127,858.50 127,858.50
ALFE Heat Treating 163,390.10 163,390.10
Allied Mineral 62,998.28 62,998.28
Amacor 189,900.00 189,900.00
Behr Metals 439,280.00 439,280.00
Bentonite Performance Minerals 97,750.00 97,750.00
Braddock Metallurgical 5,530.36 5,530.36
Carpenter Bros. 1,980.00 1,980.00
CCMA 263,189.42 263,189.42
Chem Trend 7,380.00 7,380.00
Crest Products 12,843.20 12,843.20
Dana 660,102.00 660,102.00
Dead Sea Magnesium 1,235,961.08 1,235,961.08
Dimetek 7,977.00 7,977.00
DME RR 81,588.84 81,588.84
Eastern Alloys, inc. 302,971.80 302,971.80
EDP Engineering Group 72,895.56 72,895.56
Elkem Metals, Inc. 356,392.72 356,392.72
Fairmont Minerals 138,691.70 138,691.70
Foseco Metallurgical Inc. 101,429.39 101,429.39
Freudenberg NOK 48,087.76 48,087.76
Globe 555,098.40 555,098.40
HA International LLC 133,680.05 133,680.05
Hart Metals 57,750.00 57,750.00
Hill & Griffith 208,986.20 208,986.20
Hughes Parker 11,006.20 11,006.20
INTERMET CORPORATE CASE # 04-67597
CASH DISBURSEMENTS
OCTOBER 2004
OCT CHECKS OCT TOTAL
VENDOR ISSUED OCT WIRES ISSUED DISBURSEMENTS
---------- ---------------- ---------------
Hydro Magnesium 389,863.74 389,863.74
IMCO Recycling 2,680,051.20 2,680,051.20
Inductotherm 1,231.66 1,231.66
L & S Precision 3,500.00 3,500.00
Land Transportation 238,395.88 238,395.88
Larpen Metallurgical Service 283,329.50 283,329.50
Metallurg 22,330.90 22,330.90
Midland Industries, Inc. 128,381.85 128,381.85
Miller & Co. 816,177.61 816,177.61
MPC 17,747.70 17,747.70
MSC Industrial Supplly 6,741.04 6,741.04
National Metal Abrasive 6,350.00 6,350.00
Noranda Aluminum 49,656.82 49,656.82
Norfolk Southern 72,657.77 72,657.77
NS Southern 9,828.27 9,828.27
Ohio Screw Products 13,864.18 13,864.18
OmniSource Corporation 427,520.70 427,520.70
Parket Hannifin 9,600.00 9,600.00
Porter Warner Industries 137,027.79 137,027.79
Primetrade, Inc. 884,880.76 884,880.76
Red Hill Grinding Wheel Corporation 13,396.31 13,396.31
Refco 5,808.00 5,808.00
RES Manufacturing 77,405.79 77,405.79
RI Lampus 72,317.56 72,317.56
Richland 12,173.00 12,173.00
Silica Transport 46,141.06 46,141.06
Sol Tick 32,340.63 32,340.63
Spectro Alloys Corporation 1,127,983.00 1,127,983.00
Spray-rite 61,268.42 61,268.42
Superior Graphite Co. 30,138.75 30,138.75
Supreme Cores 22,644.40 22,644.40
The David J. Joseph Company 10,204,000.00 10,204,000.00
ThyssenKrupp Specialty Steels, Inc. 6,546.95 6,546.95
Tinnerman Palnut 13,781.09 13,781.09
Toyota Tsusho 54,852.48 54,852.48
Trelleborg 144,900.00 144,900.00
TSBY RR 36,693.10 36,693.10
UMETCO Inc. 143,990.00 143,990.00
Unimin Corporation 64,812.28 64,812.28
US Magnesium LLC 700,554.96 700,554.96
US Oil 133,394.25 133,394.25
Vesuvius 12,763.80 12,763.80
Wheel Abrasives 127,070.00 127,070.00
Transman Logistics 251,600.45 251,600.45
401k Remittance Tool Products 43,380.59 43,380.59
Bank of Nova Scotia 1,905,334.56 1,905,334.56
Blue Cross 755,865.50 755,865.50
Capstone 257,481.25 257,481.25
Comerica - Overdraft Fees 150.00 150.00
Comerica Bank Fees 7,962.05 7,962.05
Duetsche Bank Securities 450,000.00 450,000.00
Duetsche Bank Trust Company America 262,500.00 262,500.00
Erman Teicher Miller Zucker Freedman 16,116.95 16,116.95
FPRS Depository 69,099.96 69,099.96
Lumberman Workers Compensation 2,532.22 2,532.22
Luskin Stern Eisler 52,131.80 52,131.80
Marsh USA - Airline Insurance 33,456.00 33,456.00
Monroe - Sales Tax 2,352.00 2,352.00
NBD 401k Remittance 200,893.49 200,893.49
INTERMET CORPORATE CASE # 04-67597
CASH DISBURSEMENTS
OCTOBER 2004
OCT CHECKS OCT TOTAL
VENDOR ISSUED OCT WIRES ISSUED DISBURSEMENTS
---------- ---------------- ---------------
Newswire 3,265.00 3,265.00
Omlevey Myers 581,688.46 581,688.46
Pepper Hamilton LLP 32,000.00 32,000.00
Putnam 401K - Minneapolis 26,921.90 26,921.90
Sales Tax 1,703.45 1,703.45
SRI Quality System Registrar 17,860.00 17,860.00
Standard Federal - Prior Bank Error Reversal 216,931.02 216,931.02
US Bank - Interest Payment 1,775.00 1,775.00
Vanguard Group Purchase 159,417.19 159,417.19
Wachtell Lipton Rosen Katz 125,000.00 125,000.00
- -
Corporate Payroll 280,411.00 280,411.00
Decatur Payroll 768,976.26 768,976.26
Havana Payroll 41,662.16 41,662.16
Jackson Payroll 139,430.51 139,430.51
Minneapolis Payroll 315,266.34 315,266.34
Minneapolis Payroll 431,905.73 431,905.73
Monroe Payroll 773,273.73 773,273.73
Racine Payroll 76,279.00 76,279.00
Racine Payroll 17,745.63 17,745.63
Stevensville Payroll 68,856.26 35,489,515.78
----------- ---------------- ---------------
$775,585.97 $ 35,489,515.78 $ 36,265,101.75
INTERMET COPORATION
CASE # 04-67597
OCTOBER BANK RECONCILIATION
Bank Balance $ 0
Actual Outstanding Checks 358,457
Pre-petition Checks to be voided in
in the G/L 44,151
--------
G/L Balance $402,608
========
INTERMET CORPORATION
OUTSTANDING CHECKS
CASE #04-67597
CHECK DATE OUTSTANDING
91334 10/8/2004 36.82
91343 10/8/2004 3,322.00
91375 10/15/2004 79.13
91379 10/15/2004 628.54
91383 10/15/2004 439.00
91390 10/15/2004 50.00
91405 10/15/2004 25.00
91412 10/22/2004 503.39
91414 10/22/2004 370.00
91416 10/22/2004 142.29
91420 10/22/2004 1,012.50
91421 10/22/2004 727.73
91422 10/22/2004 851.85
91429 10/22/2004 394.85
91432 10/22/2004 787.70
91433 10/22/2004 858.57
91434 10/22/2004 497.44
91435 10/22/2004 140.07
91437 10/22/2004 375.66
91439 10/22/2004 6.50
91443 10/22/2004 106.17
91446 10/22/2004 193.78
91449 10/22/2004 10,282.50
91454 10/22/2004 560.39
91457 10/22/2004 20.00
91458 10/22/2004 35,005.68
91462 10/28/2004 130.00
91467 10/29/2004 1,541.56
91468 10/29/2004 12,973.59
91469 10/29/2004 50.81
91470 10/29/2004 92.94
91471 10/29/2004 58.63
91472 10/29/2004 1,000.00
91473 10/29/2004 237.25
91475 10/29/2004 425.08
91476 10/29/2004 298.32
91478 10/29/2004 81.38
91479 10/29/2004 837.40
91480 10/29/2004 2,037.50
91481 10/29/2004 225.00
91482 10/29/2004 2,539.55
91483 10/29/2004 585.00
91484 10/29/2004 16.44
91485 10/29/2004 305.71
91486 10/29/2004 90.58
91487 10/29/2004 128.89
91488 10/29/2004 219.38
91489 10/29/2004 104.00
91490 10/29/2004 1,480.00
91491 10/29/2004 5,457.00
91492 10/29/2004 16,831.97
91493 10/29/2004 5,423.40
91494 10/29/2004 19,512.14
91495 10/29/2004 387.48
91498 10/29/2004 938.10
91500 10/29/2004 1,061.04
91501 10/29/2004 112.56
91502 10/29/2004 423.30
91504 10/29/2004 415.73
91505 10/29/2004 474.00
91506 10/29/2004 411.95
91507 10/29/2004 432.89
91508 10/29/2004 385.38
91509 10/29/2004 1,768.38
91510 10/29/2004 9,350.18
INTERMET CORPORATION
OUTSTANDING CHECKS
CASE #04-67597
CHECK DATE OUTSTANDING
91511 10/29/2004 929.72
91512 10/29/2004 342.53
91513 10/29/2004 65.69
91514 10/29/2004 747.00
91515 10/29/2004 1,759.68
91516 10/29/2004 359.49
91517 10/29/2004 7,167.00
91518 10/29/2004 110.18
91519 10/29/2004 1,789.48
91520 10/29/2004 3,322.00
91521 10/29/2004 93.15
91522 10/29/2004 400.50
91523 10/29/2004 2,628.39
91524 10/29/2004 105.65
91525 10/29/2004 54.24
91526 10/29/2004 283.84
91527 10/29/2004 128.59
91528 10/29/2004 1,211.10
91529 10/29/2004 4,250.00
91530 10/29/2004 125.00
91531 10/29/2004 330.00
91532 10/29/2004 130.00
91533 10/29/2004 14,000.35
91534 10/29/2004 187.31
91535 10/29/2004 179.09
91536 10/29/2004 45.00
91537 10/29/2004 89.16
91538 10/29/2004 99.37
91539 10/29/2004 188.69
91540 10/29/2004 57,872.53
91541 10/29/2004 39,900.00
91542 10/29/2004 48,000.00
91543 10/29/2004 25,300.00
October outstanding checks 358,456.80
Intermet Corporation and Subsidiaries
Month Ended October 31, 2004
NAME: GARY ROBERT E. TIMOTHY R. JOHN B. TODD
RUFF BELTS GILLILAND RUTHERFORD HEAVIN
-------------- ---------- ---------------- ---------- ----------
JOB DUTIES: Chairman & CEO VP Finance VP-Sales & VP-Ferrous
Director and CFO VP- Light Metals Marketing Metals
-------------- ---------- ---------------- ---------- ----------
COMPENSATION-1 DAY (9/30/2004) $ 1,894 $ 985 $ 758 $ 778 $ 795
COMPENSATION-MONTHLY (10/31/04): 41,667 21,667 16,667 16,667 17,500
------- ------- ------- ------- -------
BENEFITS PAID:
Health Insurance 968 968 692 692 968
Life Insurance 345 179 138 138 145
AD&D 18 9 7 7 8
Dependent Life 1 1 1 1 1
Long Term Disability 142 142 142 142 142
Executive Medical 358 358 358 358 358
Deferred Comp - - - - -
Retirement - - - - -
Company Vehicle 2,207 850 850 850 850
Cell Phone 221 281 269
(EXPENSE REIMBURSE):
Entertainment 21 220 602 404
Travel 16 31 686 836 212
Communications (cell phone, internet on travel) 203 117 91
Automobile--Oil Change 56 39
House Alarm System 420
Dues--Social Club 50
Relocation Expense 4,137
Board Expenses (Hotel, Lunch)
OTHER PAYMENTS:
Rents Paid
Loans
Other (Describe)
------- ------- ------- ------- -------
TOTAL OF ALL PAYMENTS $48,316 $25,461 $24,773 $21,442 $21,691
======= ======= ======= ======= =======
NAME: THOMAS E. ALAN J. BYTHA GREG
PRUCHA MILLER MILLS WAHOWIAK
------------ ------------------- ------------------ ----------------
JOB DUTIES: VP-Technical VP, General Counsel Business Systems
Services Ass't Secretary VP-Administration Director
------------ ------------------- ------------------ ----------------
COMPENSATION-1 DAY (9/30/2004) $ 663 $ 852 $ 568
COMPENSATION-MONTHLY (10/31/04): 14,583 18,750 12,500 11,917
------- ------- ------- -------
BENEFITS PAID:
Health Insurance 692 692 345 623
Life Insurance 121 155 104 99
AD&D 6 8 5 4
Dependent Life 1 1 1
Long Term Disability 124 142 106 101
Executive Medical 358 358 358 358
Deferred Comp - - - -
Retirement - - - -
Company Vehicle 850 850 850 650
Cell Phone 165
(EXPENSE REIMBURSE):
Entertainment 88
Travel 90
Communications (cell phone, internet on travel) 58
Automobile--Oil Change
House Alarm System
Dues--Social Club
Relocation Expense
Board Expenses (Hotel, Lunch)
OTHER PAYMENTS:
Rents Paid
Loans
Other (Describe)
------- ------- ------- -------
TOTAL OF ALL PAYMENTS $17,635 $21,809 $14,837 $13,917
======= ======= ======= =======
NAME: MICHAEL
SKRZYPCAK MARY JO KARJALA TOTAL
---------- --------------- --------
JOB DUTIES:
Treasurer Secretary
---------- ---------------
COMPENSATION-1 DAY (9/30/2004) $7,293
COMPENSATION-MONTHLY (10/31/04): 10,833 6,000 188,750
--------
196,043
------- ------ --------
BENEFITS PAID:
Health Insurance 968 692 829
Life Insurance 90 50 1,563
AD&D 4 4 80
Dependent Life 1 1 11
Long Term Disability 92 51 1,325
Executive Medical - - 3,225
Deferred Comp - - -
Retirement - - -
Company Vehicle - - 8,807
Cell Phone 124 1,060
-
(EXPENSE REIMBURSE): -
Entertainment 1,335
Travel 1,871
Communications (cell phone, internet on travel) 470
Automobile--Oil Change 96
House Alarm System 420
Dues--Social Club 50
Relocation Expense 4,137
Board Expenses (Hotel, Lunch) 708 708
OTHER PAYMENTS:
Rents Paid
Loans
Other (Describe)
------- ------ --------
TOTAL OF ALL PAYMENTS $12,111 $7,505 $425,540
======= ====== ========
Intermet Corporation and Subsidiaries Intermet Corporation
Schedule of In-Force Insurance Case Number: 04-67597
POLICY COVERAGE CARRIER POLICY PERIOD
- ----------------------------- ---------------------------- ----------------------------
Property Lloyds 11/1/04-11/01/05
Boiler/Machine Hartford 11/1/04-11/01/05
Cargo Fireman's Fund 11/1/04-11/01/05
Truck Cargo Fireman's Fund 11/1/04-11/01/05
Aviation USAIG 11/1/04-11/01/05
Fiduciary St. Paul 11/1/04-11/01/05
Primary D&O St. Paul 11/1/04-11/01/05
Excess D&O Chubb 11/1/04-11/01/05
Side A Platte River 11/1/04-11/01/05
Crime Gulf 11/1/04-12/1/04
General Liability Liberty Mutual 11/1/04-12/22/04
Umbrella National Union 11/1/04-12/22/04
Work Comp Liberty Mutual 11/1/04-12/22/04
Excess Work Comp Liberty Mutual 11/1/04-12/22/04
Auto Liberty Mutual 11/1/04-12/22/04
Foreign (DIC) Liberty Mutual 11/1/04-12/22/04
UNITED STATES BANKRUPTCY COURT
FOR THE EASTERN DISTRICT OF MICHIGAN
TRANSMITTAL OF FINANCIAL REPORTS AND
CERTIFICATION OF COMPLIANCE WITH UNITED STATES TRUSTEE
OPERATING REQUIREMENTS FOR
THE PERIOD ENDED: October 31, 2004
------------------
IN RE:
Intermet Corporation, et al
CASE NUMBER: 04-67599
Chapter 11
Alexander City Casting Co., Inc. Judge: Marci B. McIvor
- ---------------------------------------/
Debtor
As debtor in possession, I affirm:
1. That I have reviewed the financial statements attached hereto, consisting of:
X Operating Statement (Form 2)
---
X Balance Sheet (Form 3)
---
X Summary of Operations (Form 4)
---
X Monthly Cash Statement (Form 5)
---
X Statement of Compensation (Form 6)
---
X Schedule of In-Force Insurance (Form 7)
---
and that they have been prepared in accordance with normal and customary
accounting practices, and fairly and accurately reflect the debtor's financial
activity for the period stated;
2. That the insurance, including workers' compensation and unemployment
insurance, as described in Section 5 of the Operating Instructions
and Reporting Requirements For Chapter 11 Cases is in effect; and,
(If not, attach a written explanation) YES X NO
--- ---
3. That all post-petition taxes as described in Section 9 of the Operating
Instructions and Reporting Requirements For Chapter 11 cases are current.
(If not, attach a written explanation) YES X NO
--- ---
4. No professional fees (attorney, accountant, etc.) have been paid without
specific court authorization.
(If not, attach a written explanation) YES X NO
--- ---
5. All United States Trustee Quarterly fees have been paid and are current.
YES X NO
--- ---
6. Have you filed your pre-petition tax returns.
(If not, attach a written explanation) YES X NO
--- ---
I hereby certify, under penalty of perjury, that the information provided above
and in the attached documents is true and correct to the best of my information
and belief.
/s/ Robert E. Belts
Dated: December 3, 2004 ------------------------------------------------
------------------ Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- -----------------------
Title Phone
Form 1
Intermet Corporation and Subsidiaries
Operating Statement
For the Month Ended 10-31-04
(000's)
Case # 04-67599
Alexander
City Casting Co.
---------------------------------------
Current Month Total Since Filing
----------------- ------------------
Net Sales $0 $0
Cost of Goods Sold
Materials and Freight 0 0
Wages - Hourly 0 0
Wages-Salary 0 0
Employee Benefits and Pension 0 0
Repairs & Maintenance 0 0
Supplies 0 0
Utilities 0 0
Purchased Components/Services 0 0
Income(loss) from Pattern Sales 0 0
Fixed Asset - (gain/loss) 0 0
MIS Expense 0 0
Travel & Entertainment 0 0
Other Variable Costs 4 4
Depreciation & Amortization 0 0
Other Allocated Fixed Costs 0 0
Other Fixed Costs 0 0
----------------- ------------------
Cost of Goods Sold 4 4
Gross Profit (4) (4)
Plant SG&A Expense 0 0
SG&A Expense - Allocation (Sched 1) 0 0
Other Operating Expenses 0 0
----------------- ------------------
Total Operating Expenses 0 0
Operating Profit (4) (4)
Outside Interest Income 0 0
Outside Interest (Expense) 0 0
Intercompany Interest Income 0 0
Intercompany Interest (Expense) 0 0
Charges (From) Affiliates 0 0
Charges To Affiliates 0 0
Income From European Subsidiary 0 0
Other Income/(Expense) 0 0
----------------- ------------------
Total Non-Operating Expenses 0 0
Income Before Income Taxes (4) (4)
Income Tax Expense 0 0
----------------- ------------------
Net Income ($4) ($4)
================= ==================
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs (October)
(Allocation of Corporate Costs to Filing Entities)
October
----------
Officer Compensation $ 196,042
Salary Expense other Employees 802,961
Employee Benefits and Pension 133,527
Payroll Taxes 43,948
Other Taxes 6,922.86
Rent and Lease Expense 180,971
Interest Expense
Insurance 69,363
Automobile and Truck Expense 2,695
Utilities(Gas Electric,Phone) 47,700
Depreciation 89,205
Travel and Entertainment 70,376
Repairs and Maintenance 53,523
Advertising/Promotion 0
Supplies, Office Expense 24,275
OTHER:
Contributions 0
Professional Fees - Audit/Tax 131,192
Bank Fees 17,576
Public Reporting Fees 16,000
Employee Relocation/Training 2,850
Data Processing 28,029
Dues and Subscriptions 7,328
Outside Services 311,339
Project Development Costs net of Billings 56,285
Director Fees (144,667)
Miscellaneous (158,119)
Professional Fees - Bankruptcy 2,643,198
Cost Allocation - Out (227,787)
----------
$4,404,731
==========
Allocation:
Wagner Castings $ 177,312
Northern Castings 46,825
Ironton Iron 0
Lynchburg Foundry 179,333
Columbus Foundry 290,418
Wagner Havana 0
Intermet U.S. Holdings 240,779
Cast-Matic Corp. 76,250
Diversified Diemakers 239,650
Ganton Technologies 155,833
Tool Products 127,416
Intermet Corporation 2,870,915
----------
Total $4,404,731
==========
Intermet Corporation and Subsidiaries
Balance Sheet As Of 10-31-04
(000's)
Case # 04-67599
Alexander
City Casting Co.
---------------------
Cash And Equivalents $0
Accounts Receivable (1)
Short-Term Intercompany Receivables 0
Inventories 133
Other Current Assets 0
---------------------
TOTAL CURRENT ASSETS 132
Land and Buildings 537
Machinery & Equipment 1,593
Construction In Progress 0
---------------------
Total Fixed Assets 2,130
Accumulated Depreciation 0
---------------------
NET FIXED ASSETS 2,130
Investment In Subsidiaries 0
Investment In European Operations 0
Long-Term Intercompany Receivables 0
Deferred Taxes, Long-Term Asset 0
Other Assets 0
---------------------
TOTAL ASSETS $2,262
=====================
LIABILITIES AND SHAREHOLDER EQUITY
POST PETITION LIABILITIES
Accounts Payable $0
Wages and Salaries (See schedule) 0
Taxes Payable - (See schedule) 0
---------------------
TOTAL POST PETITION LIABILITIES 0
SECURED LIABILITIES:
SECURED LIABILITIES - BANK DEBT 0
PRE-PETITION LIABILITIES:
TAXES AND OTHER PRIORITY LIABILITIES:
Accrued Income Taxes 0
Accrued Tax - State 0
Accrued Property Taxes 0
Accrued Workers Comp. 0
Accrued Payroll 0
Accrued Payroll Taxes 0
---------------------
TOTAL TAXES AND OTHER PRIORITY LIABILITIES 0
UNSECURED LIABILITIES
Accounts Payable 2
IDR Bonds 0
---------------------
TOTAL UNSECURED LIABILITIES 2
OTHER LIABILITIES
Accrued Liabilities 147
Total Intercompany Payables 36,879
Notes Payable, Short Term 0
Capital Leases 0
Retirement Benefits 0
Deferred Taxes - Long-Term Liability 0
Other Long-Term Liabilities 0
---------------------
TOTAL LIABILITIES 37,028
Common Stock 10
Capital In Excess Of Par Value 90
Retained Earnings - Pre-Petition (34,861)
Retained Earnings - Post- Petition (4)
Equity in European Operations 0
Accumulated Translation Adjustment 0
Minimum Pension Liability Adjustment 0
Unearned Restricted Stock 0
---------------------
TOTAL SHAREHOLDERS' EQUITY (34,766)
TOTAL LIABILITIES AND EQUITY $2,262
=====================
PERIOD ENDED: 10-31-04 ALEXANDER CITY CASTING CO., INC. CASE #04-67599
--------------------------
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
9/30/2004 Withheld Deposits 10/31/2004
------------------------------------------------------------------------------
Income tax withheld: Federal $0 $0 $0 $0
Income tax withheld: State $0 $0 $0 $0
Income tax withheld: Local $0 $0 $0 $0
FICA Withheld $0 $0 $0 $0
Employers FICA $0 $0 $0 $0
Unemployment Tax: Federal $0 $0 $0 $0
Unemployment Tax: State $0 $0 $0 $0
All Other Payroll W/H $0 $0 $0 $0
$0 $0 $0 $0
State Taxes: Inc./Sales/Use/Excise $0 $0 $0 $0
Property Taxes $0 $0 $0 $0
$0
Workers Compensation 0 0 0 0
------------------------------------------------------------------------------
Total $0 $0 $0 $0
Wages and Salaries 0 0 0 0
------------------------------------------------------------------------------
Grand Total $0 $0 $0 $0
==============================================================================
Aging of Accounts Receivable
and Post Petition Accounts Payable
Age in Days (Post Petiition) 0-30 Days 30-60 Days Over 60 Days
Accounts Payable $0 $0 $0
Accounts Receivable $0 $0 $0
PERIOD ENDING: OCTOBER 31, 2004 Alexander City Casting Co. Inc.
----------------- Case Number: 04-67599
CASH ACTIVITY ANALYSIS (CASH BASIS ONLY):
General Payroll Tax Cash Coll. Petty Cash
Acct. Acct. Acct. Acct. Acct.
----- ----- ----- ----- -----
A. Beginning Balance
----- ----- ----- ----- -----
B. Receipts ----- ----- ----- ----- -----
(Attach separate schedule)
C. Balance Available ----- ----- ----- ----- -----
(A+B)
D. Less Disbursements ----- ----- ----- ----- -----
(Attach separate schedule)
N/A - Company has no Bank Accounts
E. ENDING BALANCE ----- ----- ----- ----- -----
(C-D)
(PLEASE ATTACH COPIES OF MOST RECENT RECONCILED BANK STATEMENTS FROM EACH
ACCOUNT)
General Account:
1. Depository Name & Location
----------------------------------------------
2. Account Number
----------------------------------------------
Payroll Account:
1. Depository Name & Location
----------------------------------------------
2. Account Number
----------------------------------------------
Tax Account:
1. Depository Name & Location
----------------------------------------------
2. Account Number
----------------------------------------------
Other monies on hand (specify type and location) i.e. CD's, bonds, etc.:
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Date:
----------------
--------------------------------
Debtor in Possession
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: October 31, 2004
-------------------
The following information is to be provided for each shareholder, officer,
director, manager, insider, or owner that is employed by the debtor in
possession. (Attach additional pages if necessary.)
Alexander City Casting Co. Inc.
NAME: Case Number: 04-67599 CAPACITY:
------ Shareholder
Management and other insider compensation are
maintained at Internet Corporation. Please see ------ Officer
Intermet Corporation (Case #04-67597)
for all insider compensation/payments. ------ Director
------ Insider
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
CURRENT COMPENSATION PAID: Weekly or Monthly
--------- -------
CURRENT BENEFITS PAID: Weekly or Monthly
Health Insurance
--------- -------
Life Insurance
--------- -------
Retirement
--------- -------
Company Vehicle
--------- -------
Entertainment
--------- -------
Travel
--------- -------
Other Benefits
--------- -------
Total Benefits
--------- -------
CURRENT OTHER PAYMENTS PAID: Weekly or Monthly
Rent Paid
--------- -------
Loans
--------- -------
Other (Describe)
--------- -------
Other (Describe)
--------- -------
Other (Describe)
--------- -------
Total Other Payments
--------- -------
CURRENT TOTAL OF ALL PAYMENTS: Weekly or Monthly
$ 0
--------- -------
DATED:
-------------------------- -------------------------------
PRINCIPAL, OFFICER, DIRECTOR, OR
INSIDER
Intermet Corporation and Subsidiaries Alexander City Casting Company, Inc.
Schedule of In-Force Insurance Case Number: 04-67599
POLICY COVERAGE CARRIER POLICY PERIOD
- ----------------------------- ---------------------------- ----------------------------
Property Lloyds 11/1/04-11/01/05
Boiler/Machine Hartford 11/1/04-11/01/05
Cargo Fireman's Fund 11/1/04-11/01/05
Truck Cargo Fireman's Fund 11/1/04-11/01/05
Aviation USAIG 11/1/04-11/01/05
Fiduciary St. Paul 11/1/04-11/01/05
Primary D&O St. Paul 11/1/04-11/01/05
Excess D&O Chubb 11/1/04-11/01/05
Side A Platte River 11/1/04-11/01/05
Crime Gulf 11/1/04-12/1/04
General Liability Liberty Mutual 11/1/04-12/22/04
Umbrella National Union 11/1/04-12/22/04
Work Comp Liberty Mutual 11/1/04-12/22/04
Excess Work Comp Liberty Mutual 11/1/04-12/22/04
Auto Liberty Mutual 11/1/04-12/22/04
Foreign (DIC) Liberty Mutual 11/1/04-12/22/04
UNITED STATES BANKRUPTCY COURT
FOR THE EASTERN DISTRICT OF MICHIGAN
TRANSMITTAL OF FINANCIAL REPORTS AND
CERTIFICATION OF COMPLIANCE WITH UNITED STATES TRUSTEE
OPERATING REQUIREMENTS FOR
THE PERIOD ENDED: October 31, 2004
------------------
IN RE:
Intermet Corporation, et al
CASE NUMBER: 04-67605
Chapter 11
Cast-Matic Corporation Judge: Marci B. McIvor
- ---------------------------------------/
Debtor
As debtor in possession, I affirm:
1. That I have reviewed the financial statements attached hereto, consisting of:
X Operating Statement (Form 2)
---
X Balance Sheet (Form 3)
---
X Summary of Operations (Form 4)
---
X Monthly Cash Statement (Form 5)
---
X Statement of Compensation (Form 6)
---
X Schedule of In-Force Insurance (Form 7)
---
and that they have been prepared in accordance with normal and customary
accounting practices, and fairly and accurately reflect the debtor's financial
activity for the period stated;
2. That the insurance, including workers' compensation and unemployment
insurance, as described in Section 5 of the Operating Instructions
and Reporting Requirements For Chapter 11 Cases is in effect; and,
(If not, attach a written explanation) YES X NO
--- ---
3. That all post-petition taxes as described in Section 9 of the Operating
Instructions and Reporting Requirements For Chapter 11 cases are current.
(If not, attach a written explanation) YES X NO
--- ---
4. No professional fees (attorney, accountant, etc.) have been paid without
specific court authorization.
(If not, attach a written explanation) YES X NO
--- ---
5. All United States Trustee Quarterly fees have been paid and are current.
YES X NO
--- ---
6. Have you filed your pre-petition tax returns.
(If not, attach a written explanation) YES X NO
--- ---
I hereby certify, under penalty of perjury, that the information provided above
and in the attached documents is true and correct to the best of my information
and belief.
/s/ Robert E. Belts
Dated: December 3, 2004 ------------------------------------------------
------------------ Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- -----------------------
Title Phone
Form 1
Intermet Corporation and Subsidiaries
Operating Statement Case #04-67605
For the Month Ended 10-31-04 Cast-Matic
(000's) Corp
---------------------------------------------
Current Month Total Since Filing
--------------------- ---------------------
Net Sales $3,154 $3,154
Cost of Goods Sold
Materials and Freight 1,880 1,880
Wages - Hourly 249 249
Wages-Salary 128 128
Employee Benefits and Pension 84 84
Repairs & Maintenance 75 75
Supplies 272 272
Utilities 89 89
Purchased Components/Services 141 141
Income(loss) from Pattern Sales 0 0
Fixed Asset - (gain/loss) 0 0
MIS Expense 12 12
Travel & Entertainment 1 1
Other Variable Costs 151 151
Depreciation & Amortization 163 163
Other Allocated Fixed Costs 0 0
Other Fixed Costs 88 88
--------------------- ---------------------
Cost of Goods Sold 3,334 3,334
Gross Profit (180) (180)
Plant SG&A Expense 0 0
SG&A Expense - Allocation (Sched 1) 76 76
Other Operating Expenses 0 0
--------------------- ---------------------
Total Operating Expenses 76 76
--------------------- ---------------------
Operating Profit (256) (256)
Outside Interest Income 0 0
Outside Interest (Expense) 0 0
Intercompany Interest Income 0 0
Intercompany Interest (Expense) (15) (15)
Charges (From) Affiliates 0 0
Charges To Affiliates 0 0
Income From European Subsidiary 0 0
Other Income/(Expense) 14 14
--------------------- ---------------------
Total Non-Operating Expenses (1) (1)
Income Before Income Taxes (257) (257)
Income Tax Expense 25 25
--------------------- ---------------------
Net Income ($282) ($282)
===================== =====================
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs (October)
(Allocation of Corporate Costs to Filing Entities)
October
----------
Officer Compensation $ 196,042
Salary Expense other Employees 802,961
Employee Benefits and Pension 133,527
Payroll Taxes 43,948
Other Taxes 6,922.86
Rent and Lease Expense 180,971
Interest Expense
Insurance 69,363
Automobile and Truck Expense 2,695
Utilities(Gas Electric,Phone) 47,700
Depreciation 89,205
Travel and Entertainment 70,376
Repairs and Maintenance 53,523
Advertising/Promotion 0
Supplies, Office Expense 24,275
OTHER:
Contributions 0
Professional Fees - Audit/Tax 131,192
Bank Fees 17,576
Public Reporting Fees 16,000
Employee Relocation/Training 2,850
Data Processing 28,029
Dues and Subscriptions 7,328
Outside Services 311,339
Project Development Costs net of Billings 56,285
Director Fees (144,667)
Miscellaneous (158,119)
Professional Fees - Bankruptcy 2,643,198
Cost Allocation - Out (227,787)
----------
$4,404,731
==========
Allocation:
Wagner Castings $ 177,312
Northern Castings 46,825
Ironton Iron 0
Lynchburg Foundry 179,333
Columbus Foundry 290,418
Wagner Havana 0
Intermet U.S. Holdings 240,779
Cast-Matic Corp. 76,250
Diversified Diemakers 239,650
Ganton Technologies 155,833
Tool Products 127,416
Intermet Corporation 2,870,915
----------
Total $4,404,731
==========
Intermet Corporation and Subsidiaries
Balance Sheet As Of 10-31-04
(000's)
Case #04-67605
Cast-Matic
Corp
---------------
Cash And Equivalents $ 0
Accounts Receivable 5,168
Short-Term Intercompany Receivables 8
Inventories 2,557
Other Current Assets 15
---------------
TOTAL CURRENT ASSETS 7,748
Land and Buildings 2,889
Machinery & Equipment 17,448
Construction In Progress 40
---------------
Total Fixed Assets 20,377
Accumulated Depreciation (6,271)
---------------
NET FIXED ASSETS 14,106
Investment In Subsidiaries 0
Investment In European Operations 0
Long-Term Intercompany Receivables 0
Deferred Taxes, Long-Term Asset 0
Other Assets 0
---------------
TOTAL ASSETS $ 21,854
===============
LIABILITIES AND SHAREHOLDER EQUITY
POST PETITION LIABILITIES
Accounts Payable $ 65
Wages and Salaries (See schedule) 102
Taxes Payable - (See schedule) 30
---------------
TOTAL POST PETITION LIABILITIES 197
SECURED LIABILITIES:
Secured Liabilities - Bank Debt 0
PRE-PETITION LIABILITIES:
TAXES AND OTHER PRIORITY LIABILITIES:
Accrued Income Taxes 0
Accrued Tax - State 25
Accrued Property Taxes (67)
Accrued Workers Comp. 0
Accrued Payroll 0
Accrued Payroll Taxes 0
---------------
TOTAL TAXES AND OTHER PRIORITY LIABILITIES (42)
UNSECURED LIABILITIES
Accounts Payable 3,452
IDR Bonds 0
---------------
TOTAL UNSECURED LIABILITIES 3,452
OTHER LIABILITIES
Accrued Liabilities 265
Total Intercompany Payables 17,136
Notes Payable, Short Term 0
Capital Leases 0
Retirement Benefits 0
Deferred Taxes - Long-Term Liability 0
Other Long-Term Liabilities 0
---------------
TOTAL LIABILITIES 21,008
Common Stock 0
Capital In Excess Of Par Value 2,109
Retained Earnings - Pre-Petition (982)
Retained Earnings - Post- Petition (282)
Equity in European Operations 0
Accumulated Translation Adjustment 0
Minimum Pension Liability Adjustment 0
Unearned Restricted Stock 0
---------------
TOTAL SHAREHOLDERS' EQUITY 845
---------------
TOTAL LIABILITIES AND EQUITY $ 21,854
===============
PERIOD ENDED: 10-31-04 CAST-MATIC CORP. CASE #04-67605
--------------------------
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
9/30/2004 Withheld Deposits 10/31/2004
---------------------------------------------------------------------------
Income tax withheld: Federal $0 $40,792 ($40,792) $0
Income tax withheld: State 0 11,942 (11,942) 0
Income tax withheld: Local 0 44 (44) 0
FICA Withheld 0 25,569 (25,569) 0
Employers FICA 1,282 29,601 (26,425) 4,458
Unemployment Tax: Federal 13 187 (173) 27
Unemployment Tax: State 77 1,431 (1,247) 260
All Other Payroll W/H 0 0 0 0
State Taxes: Inc./Sales/Use/Excise 0 0 0 0
Property Taxes 0 25,000 0 25,000
Workers Compensation 0 0 0 0
---------------------------------------------------------------------------
Total $1,372 $134,566 ($106,193) $29,745
Wages and Salaries 25,243 383,382 (306,149) 102,476
---------------------------------------------------------------------------
Grand Total $26,615 $517,947 ($412,341) $132,221
===========================================================================
Aging of Accounts Receivable
and Post Petition Accounts Payable
Age in Days (Post Petiition) 0-30 Days 30-60 Days Over 60 Days
Accounts Payable $65,042 $0 $0
Accounts Receivable (See attached schedule)
ACCOUNTS RECEIVABLE AGING
10/31/04
(000'S)
PAST DUE BALANCES
TOTAL CURRENT 1-30 31-60 61-90 OVER 90
------ ------ ------ ------ ------ --------
DOMESTIC FERROUS:
- Archer Creek 7,100 6,700 400 -- -- --
- Radford 100 -- -- -- -- 100
------ ------ ------ ------ ------ ------
Lynchburg Foundry, Inc. 7,200 6,700 400 -- -- 100
Columbus Foundry, LP. 25,800 22,700 2,400 400 -- 300
- Columbus Machining 500 300 200 -- -- --
- New River 11,700 6,400 4,700 400 100 100
------ ------ ------ ------ ------ ------
Intermet U.S. Holding, Inc. 12,200 6,700 4,900 400 100 100
Wagner Castings Co. 8,743 7,086 700 300 157 500
Wagner Havana, Inc. -- -- -- -- -- --
Northern Castings Corp. 1,542 1,042 400 -- 100 --
LIGHT METALS:
- Jackson 3,184 2,300 400 200 100 184
- Minneapolis 7,200 5,000 1,500 200 100 400
------ ------ ------ ------ ------ ------
Tool Products, Inc. 10,384 7,300 1,900 400 200 584
Diversified Diemakers, Inc. 13,800 9,500 2,000 400 100 1,800
- PULASKI 3,700 2,400 400 600 200 100
- RACINE PLANTS 8,700 7,200 500 100 100 800
------ ------ ------ ------ ------ ------
Ganton Technologies, Inc. 12,400 9,600 900 700 300 900
Castmatic Corporation 5,000 4,600 400 -- -- --
INTERMET CORPORATION AND SUBSIDIARIES PERIOD ENDED 10/31/2004
MONTHLY CASH STATEMENT
CASH ACTIVITY ANALYSIS:
CASE # 04-67605
CAST-MATIC CORP (STEVENSVILLE)
---------------------------------------------------------------
ACCOUNT TYPE LOCKBOX 673038 DEPOSITORY AP PR TOTAL
ACCOUNT # 1851812063 361567604 176982979 2176983126
BANK Comerica Bank One Comerica Comerica
BEGINNING BANK BALANCE - - - - -
RECEIPTS 1,228,700 - - - 1,228,700
TRANSFERS IN (CORPORATE) - - 349,477 271,896 621,373
DIP INFLOW - - - - -
DISBURSEMENTS - - (349,477) (271,896) (621,373)
TRANSFERS OUT (CORPORATE) (1,228,700) - - - (1,228,700)
-------------- ---------- ---------- ----------- ----------
ENDING BANK BALANCE - - - - -
WIRES PAID FOR BY CORPORATE 1,978,502 68,856.26 2,046,457
CHECKS ISSUED 454,723
----------
TOTAL DISBURSEMENTS (SEE TOTAL DISBURSEMENTS RECONCILIATION) 2,433,225
==========
CHECKS ISSUED 454,723
CHECK CLEARED (349,477)
----------
OUTSTANDING CHECKS (SEE OUTSTANDING CHECKLIST) 105,247
==========
CAST-MATIC CORP. CASE NO. 04-67605
CASH DISBURSEMENTS
OCTOBER 2004
TOTAL CASH
VENDOR # VENDOR NAME WIRES CHECKS DISBURSEMENTS
999 Transgroup Worldwide 627 627
999 Roadway Express 425 425
A007 ACCU DIE & MOLD INC. $ 82,510 $ - $ 82,510
A010 Alro Steel 361 361
A015 Adams Remco, Inc 1,510 1,510
A018 Adams Machinery 10,600 10,600
A034 ALCAN ALUMINUM CORPORATION 1,572,081 - 1,572,081
A036 Alcoa, Inc 127,859 540 128,399
A043 All Cities Occupational & Environmental 796 796
A049 ALFE Heat Treating, Inc. 163,390 - 163,390
A086 SBC Ameritech 43 43
A090 Antibus Scales & Systems 400 400
A134 Assoicated Bag Company 124 124
A136 Automation Direct.com 416 416
B010 Stephen P. Barbus 80 80
B027 Beacon Operations Center 18,884 18,884
B043 Best Way Dosposal, Inc 171 171
B054 Scott Bleeks 148 148
B061 Bond Fluidaire 4,513 4,513
B070 Brammall Supply Co 2,684 2,684
B071 Brown & Shape Mfg Co 1,207 1,207
C002 CPC, Inc 4,316 4,316
C015 Capital Technologies 12,879 12,879
C041 Chemstation 983 983
C076 Connection Service Co., Inc 342 342
C107 Custom Mold 510 510
C163 Coverall of Western Michigan 1,320 1,320
D010 DME Company 623 623
D053 DIMETEK 7,977 - 7,977
D064 Doubleday Office Products 5,659 5,659
D066 W.H. Duffill, Inc 316 316
F001 F. D. Lake 436 436
F010 FedEx 36 36
F020 Flowtech Corporation 182 182
F021 Foseco Metallurgical, Inc 1,268 1,268
F031 Floyd Barnes 828 828
G042 Griffin Tool, Inc 11,260 11,260
G045 GREAT LAKES ELECTRONICS SUPPLY 1,321 1,321
G100 General Oil Co 1,132 1,132
G100 EIS 18 18
H007 Hampton Inn I-94 596 596
H028 Herschall Products 47 47
H092 Hi-Temp Products 6,179 6,179
CAST-MATIC CORP. CASE NO. 04-67605
CASH DISBURSEMENTS
OCTOBER 2004
TOTAL CASH
VENDOR # VENDOR NAME WIRES CHECKS DISBURSEMENTS
I032 IGC Technologies 740 740
I036 Industrial Solutions, Inc 1,169 1,169
I040 Innerspec Technologies 47,500 47,500
J010 J & L Industrial Supply 6,349 6,349
J011 Jerz Machine Tool 17,140 17,140
K035 Kendall Electric, Inc 2,704 2,704
K040 Keener Sand & Clay 2,612 2,612
K045 KMH Systems 424 424
L008 Lakeshore Mold & Die LLC 2,160 2,160
M005 M & I Machine 6,010 6,010
M015 Lindberg/MPH 4,822 4,822
M026 McMaster-Carr Supply Company 294 294
M033 Martin Fluid Power 105 105
M090 Michigan Shipper Supply 241 241
M102 Mittler Supply, Inc 1,218 1,218
M118 Molten Metal Equipment 3,082 3,082
M125 Motion Industries, Inc 2,027 2,027
M135 METALLURG 19,881 - 19,881
O005 Ondraka Management Enterprises LLC 845 845
O017 Omega Engineering, Inc. 113 113
O030 Online Labels.com 116 116
P010 P&R Shell 130 130
P040 Pooch Welding Supply 746 746
P056 Pride Welding & Fabrication, LLC 2,076 2,076
P105 Pyrotek 26,124 26,124
Q017 Quantum Connections, LLC 94 94
R007 Radio Station 600 600
R100 Kent Redbeck 1,320 1,320
R128 Radde Agency 28 28
S004 S & S industrial Supply, Inc 196 196
S016 Safety-Kleen 1,017 1,017
S017 Safety Products Division 76 76
S023 Geo T Schmidt 440 440
S032 Schott Saw Co 2,810 2,810
S035 Scope Services, Inc 61,249 61,249
S124 Sunset Coast Paging 23 23
S160 Sun-Tech Corporation 900 900
U001 Unum Life Insurance Co of Amer 4,489 4,489
U017 USF Holland 394 394
V070 Vektek 1,739 1,739
V117 Nora Volta 3,840 3,840
W005 Warren Precision Inspection LLC 3,300 3,300
CAST-MATIC CORP. CASE NO. 04-67605
CASH DISBURSEMENTS
OCTOBER 2004
TOTAL CASH
VENDOR # VENDOR NAME WIRES CHECKS DISBURSEMENTS
W030 William A Kibbe & Assoc., Inc 1,470 1,470
W085 Wood Temporary Staffing 64,068 64,068
Y015 Yxlon International 20,218 20,218
Y020 Y.E.S. 33,257 33,257
Z001 Petty Cash 336 336
Z012 Z-Check Corporation 14,400 14,400
Z112 William Atkins 146 146
Z117 Jeff Banks 15,790 15,790
Z120 Marcy Klug 216 216
Z123 Robert Birkhold 168 168
Z124 Martin Smith 57 57
Z127 Ervin Eberhart 40 40
Z128 Brandon Reed 158 158
Z132 Edmund Weiss 40 40
Z146 Jody Jensen 11 11
Z177 Ted Wallace 97 97
Z179 Charles Rytlewski 73 73
Z656 Bill Jackson 40 40
Transman 3,904 3,904
---------- -------- -------------
TOTAL PAYMENTS MADE $1,977,601 $455,624 $ 2,433,225
CAST-MATIC CORPORATION
CASE NO. 04-67605
STEVENSVILLE - OCTOBER BANK RECONCILIATION
Bank Balance -
Actual Outstanding Checks 105,246.57
----------
Book Balance 105,246.57
Difference
CAST-MATIC CORPORATION
CASE NO. 04-67605
STEVENSVILLE
OUTSTANDING CHECKS
CHECK DATE ISSUED AMOUNT
41479 10/11/2004 348.20
41481 10/11/2004 566.00
41490 10/12/2004 627.09
41494 10/13/2004 21,902.00
41500 10/14/2004 523.00
41523 10/18/2004 16,780.00
41533 10/20/2004 509.63
41552 10/20/2004 144.00
41554 10/20/2004 123.54
41555 10/20/2004 426.52
41556 10/20/2004 439.85
41560 10/22/2004 107.20
41561 10/22/2004 135.01
41562 10/22/2004 12.03
41567 10/22/2004 547.85
41569 10/22/2004 358.15
41577 10/25/2004 122.00
41578 10/29/2004 410.20
41583 10/26/2004 1,207.20
41584 10/26/2004 566.00
41585 10/26/2004 1,447.25
41586 10/26/2004 28.35
41589 10/26/2004 900.00
41590 10/27/2004 255.75
41591 10/27/2004 791.75
41592 10/27/2004 532.80
41593 10/27/2004 43.67
41595 10/27/2004 1,170.20
41596 10/27/2004 293.50
41597 10/28/2004 370.00
41598 10/28/2004 68.89
41599 10/28/2004 1,324.00
41600 10/28/2004 114.97
41601 10/29/2004 217.76
41602 10/29/2004 218.06
41603 10/29/2004 671.25
41604 10/29/2004 2,160.00
41605 10/29/2004 3,300.00
41606 10/29/2004 360.00
41607 10/29/2004 2,005.47
41609 10/29/2004 1,509.74
41610 10/29/2004 272.50
41611 10/29/2004 42.92
41612 10/29/2004 2,794.65
41613 10/29/2004 171.36
41614 10/29/2004 1,320.00
41615 10/29/2004 212.59
41616 10/29/2004 21.19
41617 10/29/2004 98.00
41618 10/29/2004 436.45
41619 10/29/2004 182.22
41620 10/29/2004 18.00
41621 10/29/2004 46.50
41622 10/29/2004 117.94
CAST-MATIC CORPORATION
CASE NO. 04-67605
STEVENSVILLE
OUTSTANDING CHECKS
CHECK DATE ISSUED AMOUNT
41623 10/29/2004 162.99
41624 10/29/2004 19.53
41625 10/29/2004 424.00
41626 10/29/2004 294.08
41627 10/29/2004 60.26
41628 10/29/2004 113.34
41629 10/29/2004 115.95
41630 10/29/2004 93.80
41631 10/29/2004 600.00
41632 10/29/2004 28.00
41633 10/29/2004 90.89
41634 10/29/2004 76.32
41635 10/29/2004 12,304.24
41636 10/29/2004 2,062.53
41637 10/29/2004 264.00
41638 10/29/2004 1,000.00
41639 10/29/2004 17,986.68
41640 10/29/2004 93.75
41641 10/29/2004 10.50
41642 10/29/2004 72.51
-------------
October outstanding checks 105,246.57
=============
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: October 31, 2004
-------------------
The following information is to be provided for each shareholder, officer,
director, manager, insider, or owner that is employed by the debtor in
possession. (Attach additional pages if necessary.)
Cast-Matic Corporation
NAME: Case Number: 04-67605 CAPACITY:
------ Shareholder
Management and other insider compensation are
maintained at Internet Corporation. Please see ------ Officer
Intermet Corporation (Case #04-67597)
for all insider compensation/payments. ------ Director
------ Insider
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
CURRENT COMPENSATION PAID: Weekly or Monthly
--------- -------
CURRENT BENEFITS PAID: Weekly or Monthly
Health Insurance
--------- -------
Life Insurance
--------- -------
Retirement
--------- -------
Company Vehicle
--------- -------
Entertainment
--------- -------
Travel
--------- -------
Other Benefits
--------- -------
Total Benefits
--------- -------
CURRENT OTHER PAYMENTS PAID: Weekly or Monthly
Rent Paid
--------- -------
Loans
--------- -------
Other (Describe)
--------- -------
Other (Describe)
--------- -------
Other (Describe)
--------- -------
Total Other Payments
--------- -------
CURRENT TOTAL OF ALL PAYMENTS: Weekly or Monthly
$ 0
--------- -------
DATED:
-------------------------- -------------------------------
PRINCIPAL, OFFICER, DIRECTOR, OR
INSIDER
Intermet Corporation and Subsidiaries Cast-Matic Corporation
Schedule of In-Force Insurance Case Number: 04-67605
POLICY COVERAGE CARRIER POLICY PERIOD
- ----------------------------- ---------------------------- ----------------------------
Property Lloyds 11/1/04-11/01/05
Boiler/Machine Hartford 11/1/04-11/01/05
Cargo Fireman's Fund 11/1/04-11/01/05
Truck Cargo Fireman's Fund 11/1/04-11/01/05
Aviation USAIG 11/1/04-11/01/05
Fiduciary St. Paul 11/1/04-11/01/05
Primary D&O St. Paul 11/1/04-11/01/05
Excess D&O Chubb 11/1/04-11/01/05
Side A Platte River 11/1/04-11/01/05
Crime Gulf 11/1/04-12/1/04
General Liability Liberty Mutual 11/1/04-12/22/04
Umbrella National Union 11/1/04-12/22/04
Work Comp Liberty Mutual 11/1/04-12/22/04
Excess Work Comp Liberty Mutual 11/1/04-12/22/04
Auto Liberty Mutual 11/1/04-12/22/04
Foreign (DIC) Liberty Mutual 11/1/04-12/22/04
UNITED STATES BANKRUPTCY COURT
FOR THE EASTERN DISTRICT OF MICHIGAN
TRANSMITTAL OF FINANCIAL REPORTS AND
CERTIFICATION OF COMPLIANCE WITH UNITED STATES TRUSTEE
OPERATING REQUIREMENTS FOR
THE PERIOD ENDED: October 31, 2004
------------------
IN RE:
Intermet Corporation, et al
CASE NUMBER: 04-67609
Chapter 11
Columbus Foundry, L.P. Judge: Marci B. McIvor
- ---------------------------------------/
Debtor
As debtor in possession, I affirm:
1. That I have reviewed the financial statements attached hereto, consisting of:
X Operating Statement (Form 2)
---
X Balance Sheet (Form 3)
---
X Summary of Operations (Form 4)
---
X Monthly Cash Statement (Form 5)
---
X Statement of Compensation (Form 6)
---
X Schedule of In-Force Insurance (Form 7)
---
and that they have been prepared in accordance with normal and customary
accounting practices, and fairly and accurately reflect the debtor's financial
activity for the period stated;
2. That the insurance, including workers' compensation and unemployment
insurance, as described in Section 5 of the Operating Instructions
and Reporting Requirements For Chapter 11 Cases is in effect; and,
(If not, attach a written explanation) YES X NO
--- ---
3. That all post-petition taxes as described in Section 9 of the Operating
Instructions and Reporting Requirements For Chapter 11 cases are current.
(If not, attach a written explanation) YES X NO
--- ---
4. No professional fees (attorney, accountant, etc.) have been paid without
specific court authorization.
(If not, attach a written explanation) YES X NO
--- ---
5. All United States Trustee Quarterly fees have been paid and are current.
YES X NO
--- ---
6. Have you filed your pre-petition tax returns.
(If not, attach a written explanation) YES X NO
--- ---
I hereby certify, under penalty of perjury, that the information provided above
and in the attached documents is true and correct to the best of my information
and belief.
/s/ Robert E. Belts
Dated: December 3, 2004 ------------------------------------------------
------------------ Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- -----------------------
Title Phone
Form 1
Intermet Corporation and Subsidiaries
Operating Statement
For the Month Ended 10-31-04
(000's)
Case #04-67609
Columbus
Foundry
------------------------------------
Current Month Total Since Filing
--------------- ------------------
Net Sales $ 14,213 $ 14,213
Cost of Goods Sold
Materials and Freight 5,209 5,209
Wages - Hourly 1,919 1,919
Wages-Salary 464 464
Employee Benefits and Pension 799 799
Repairs & Maintenance 690 690
Supplies 684 684
Utilities 842 842
Purchased Components/Services 1,401 1,401
Income(loss) from Pattern Sales 30 30
Fixed Asset - (gain/loss) 0 0
MIS Expense 60 60
Travel & Entertainment 6 6
Other Variable Costs 481 481
Depreciation & Amortization 484 484
Other Allocated Fixed Costs 0 0
Other Fixed Costs 186 186
--------------- ---------------
Cost of Goods Sold 13,255 13,255
Gross Profit 958 958
Plant SG&A Expense 47 47
SG&A Expense - Allocation (Sched 1) 290 290
Other Operating Expenses 0 0
--------------- ---------------
Total Operating Expenses 337 337
--------------- ---------------
Operating Profit 621 621
Outside Interest Income 0 0
Outside Interest (Expense) (2) (2)
Intercompany Interest Income 0 0
Intercompany Interest (Expense) (114) (114)
Charges (From) Affiliates 0 0
Charges To Affiliates 0 0
Income From European Subsidiary 0 0
Other Income/(Expense) 0 0
--------------- ---------------
Total Non-Operating Expenses (116) (116)
Income Before Income Taxes 505 505
Income Tax Expense 44 44
--------------- ---------------
Net Income $ 461 $ 461
=============== ===============
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs (October)
(Allocation of Corporate Costs to Filing Entities)
October
----------
Officer Compensation $ 196,042
Salary Expense other Employees 802,961
Employee Benefits and Pension 133,527
Payroll Taxes 43,948
Other Taxes 6,922.86
Rent and Lease Expense 180,971
Interest Expense
Insurance 69,363
Automobile and Truck Expense 2,695
Utilities(Gas Electric,Phone) 47,700
Depreciation 89,205
Travel and Entertainment 70,376
Repairs and Maintenance 53,523
Advertising/Promotion 0
Supplies, Office Expense 24,275
OTHER:
Contributions 0
Professional Fees - Audit/Tax 131,192
Bank Fees 17,576
Public Reporting Fees 16,000
Employee Relocation/Training 2,850
Data Processing 28,029
Dues and Subscriptions 7,328
Outside Services 311,339
Project Development Costs net of Billings 56,285
Director Fees (144,667)
Miscellaneous (158,119)
Professional Fees - Bankruptcy 2,643,198
Cost Allocation - Out (227,787)
----------
$4,404,731
==========
Allocation:
Wagner Castings $ 177,312
Northern Castings 46,825
Ironton Iron 0
Lynchburg Foundry 179,333
Columbus Foundry 290,418
Wagner Havana 0
Intermet U.S. Holdings 240,779
Cast-Matic Corp. 76,250
Diversified Diemakers 239,650
Ganton Technologies 155,833
Tool Products 127,416
Intermet Corporation 2,870,915
----------
Total $4,404,731
==========
Intermet Corporation and Subsidiaries
Balance Sheet As Of 10-31-04
(000's)
Case #04-67609
Columbus
Foundry
--------------------
Cash And Equivalents $1
Accounts Receivable 25,384
Short-Term Intercompany Receivables 8
Inventories 5,309
Other Current Assets (15)
--------------------
TOTAL CURRENT ASSETS 30,687
Land and Buildings 12,718
Machinery & Equipment 81,050
Construction In Progress 205
--------------------
Total Fixed Assets 93,973
Accumulated Depreciation (61,542)
--------------------
NET FIXED ASSETS 32,431
Investment In Subsidiaries 0
Investment In European Operations 0
Long-Term Intercompany Receivables 56,468
Deferred Taxes, Long-Term Asset 0
Other Assets 1,025
--------------------
TOTAL ASSETS $120,612
====================
LIABILITIES AND SHAREHOLDER EQUITY
POST PETITION LIABILITIES
Accounts Payable $1,674
Wages and Salaries (See schedule) 132
Taxes Payable - (See schedule) 404
--------------------
TOTAL POST PETITION LIABILITIES 2,209
SECURED LIABILITIES:
Secured Liabilities - Bank Debt 0
PRE-PETITION LIABILITIES:
TAXES AND OTHER PRIORITY LIABILITIES:
Accrued Income Taxes 0
Accrued Tax - State 0
Accrued Property Taxes 194
Accrued Workers Comp. 378
Accrued Payroll (58)
Accrued Payroll Taxes 0
--------------------
TOTAL TAXES AND OTHER PRIORITY LIABILITIES 515
UNSECURED LIABILITIES
Accounts Payable 11,590
IDR Bonds 35,000
--------------------
TOTAL UNSECURED LIABILITIES 46,590
OTHER LIABILITIES
Accrued Liabilities 2,576
Total Intercompany Payables 3,409
Notes Payable, Short Term 0
Capital Leases 0
Retirement Benefits (1,343)
Deferred Taxes - Long-Term Liability 0
Other Long-Term Liabilities 0
--------------------
TOTAL LIABILITIES 53,956
Common Stock 0
Capital In Excess Of Par Value 0
Retained Earnings - Pre-Petition 66,195
Retained Earnings - Post-Petition 461
Equity in European Operations 0
Accumulated Translation Adjustment 0
Minimum Pension Liability Adjustment 0
Unearned Restricted Stock 0
--------------------
TOTAL SHAREHOLDERS' EQUITY 66,656
--------------------
TOTAL LIABILITIES AND EQUITY $120,612
====================
PERIOD ENDED: 10-31-04 COLUMBUS FOUNDRY CASE #04-67609
-----------------------
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
9/30/2004 Withheld Deposits 10/31/2004
-----------------------------------------------------------------------------------
Income tax withheld: Federal ($37,108) ($274,689) $238,471 ($73,327)
Income tax withheld: State (14,983) (118,887) 102,955 (30,915)
Income tax withheld: Local 0 0 0 0
FICA Withheld (26,997) (201,166) 172,546 (55,617)
Employers FICA (31,601) (164,000) 171,243 (24,358)
Unemployment Tax: Federal (29) (1,629) 29 (1,629)
Unemployment Tax: State (105) (1,801) 105 (1,801)
All Other Payroll W/H (3,028) (217,484) 117,474 (103,037)
State Taxes: Inc./Sales/Use/Excise (10,679) (63,809) 1,882 (72,606)
Property Taxes (1,424) (40,000) 710 (40,715)
Workers Compensation 0 0 0 0
-----------------------------------------------------------------------------------
Total ($125,955) ($1,083,464) $805,415 ($404,004)
Wages and Salaries (10,333) (2,484,856) 2,363,589 (131,600)
-----------------------------------------------------------------------------------
Grand Total ($136,288) ($3,568,320) $3,169,004 ($535,604)
===================================================================================
Aging of Accounts Receivable
and Post Petition Accounts Payable
Age in Days (Post Petiition) 0-30 Days 30-60 Days Over 60 Days
Accounts Payable $1,673,519 $0 $0
Accounts Receivable (See attached schedule)
ACCOUNTS RECEIVABLE AGING
10/31/04
(000'S)
PAST DUE BALANCES
TOTAL CURRENT 1-30 31-60 61-90 OVER 90
------ ------ ------ ------ ------ --------
DOMESTIC FERROUS:
- Archer Creek 7,100 6,700 400 -- -- --
- Radford 100 -- -- -- -- 100
------ ------ ------ ------ ------ ------
Lynchburg Foundry, Inc. 7,200 6,700 400 -- -- 100
Columbus Foundry, LP. 25,800 22,700 2,400 400 -- 300
- Columbus Machining 500 300 200 -- -- --
- New River 11,700 6,400 4,700 400 100 100
------ ------ ------ ------ ------ ------
Intermet U.S. Holding, Inc. 12,200 6,700 4,900 400 100 100
Wagner Castings Co. 8,743 7,086 700 300 157 500
Wagner Havana, Inc. -- -- -- -- -- --
Northern Castings Corp. 1,542 1,042 400 -- 100 --
LIGHT METALS:
- Jackson 3,184 2,300 400 200 100 184
- Minneapolis 7,200 5,000 1,500 200 100 400
------ ------ ------ ------ ------ ------
Tool Products, Inc. 10,384 7,300 1,900 400 200 584
Diversified Diemakers, Inc. 13,800 9,500 2,000 400 100 1,800
- PULASKI 3,700 2,400 400 600 200 100
- RACINE PLANTS 8,700 7,200 500 100 100 800
------ ------ ------ ------ ------ ------
Ganton Technologies, Inc. 12,400 9,600 900 700 300 900
Castmatic Corporation 5,000 4,600 400 -- -- --
INTERMET CORPORATION AND SUBSIDIARIES PERIOD ENDED 10/31/2004
MONTHLY CASH STATEMENT
CASH ACTIVITY ANALYSIS:
CASE # 04-67609
COLUMBUS FOUNDRY
----------------------------------------------------------------------------------------------------
ACCOUNT TYPE LOCKBOX 77691 DEPOSIT AP PR (HOURLY) PR (SALARY) BENEFIT TOTAL
ACCOUNT # 269833 - Inactive 5401086425 2770716492 2770716484 2770716658 Closed -502006
BANK Bank One Stan. Fed. Stan. Fed. Stan. Fed. Stan. Fed. Stan. Fed.
BEGINNING BANK BALANCE - - - - - - -
RECEIPTS - 7,115,156 - 2,092 - - 7,117,248
TRANSFERS IN (CORPORATE) - - 773,079 1,751,215 428,085 5,531 2,957,911
DIP INFLOW - - - - - - -
DISBURSEMENTS - - (773,079) (1,753,308) (428,085) (5,531) (2,960,003)
TRANSFERS OUT (CORPORATE) - (7,115,156) - - - - (7,115,156)
----------------- ----------- ------------ ------------ ----------- ---------------- ----------
ENDING BANK BALANCE - - - - - - -
WIRES PAID FOR BY CORPORATE 6,299,368 6,307,435
CHECKS ISSUED 1,474,090
------------
TOTAL DISBURSEMENTS (SEE TOTAL DISBURSEMENTS
RECONCILIATION) 7,773,458
============
CHECKS ISSUED - POST PETITION 1,474,090
CHECK CLEARED (747,075) (AN ADDITIONAL $26,004 OF PRE-PETITION CHECKS CLEARED)
------------
OUTSTANDING CHECKS (SEE OUTSTANDING CHECKLIST) 727,014
============
COLUMBUS FOUNDRY CASE NO. 04-67609
CASH DISBURSEMENTS
OCTOBER 2004
TOTAL GRAND TOTAL
VENDOR NAME TOTAL CHECKS OCT WIRES OCT DISB
ADMETCO, INC. $ - $ 87,181 $ 87,181
ADULT PROBATION OFFICE 4,142 4,142
AETNA US HEALTHCARE 18,016 18,016
ALABAMA CHILD SUPPORT PAYMENT 26,447 26,447
ALLEGRA PRINT & IMAGING 1,553 1,553
ALLEN RICHIE 446 446
ALLEN, JOHN F. 286 286
ALLIED MINERAL PRODUCTS INC 59,904 59,904
AMERICAN COLLOID COMPANY 21,707 21,707
AMERICAN EYE CARE 2,035 2,035
AMERICAN FAMILY LIFE 429 429
AMERICAN TESTING LABORATORY 405 405
AQUATROL(DIV. OF MOMAR) 1,600 1,600
ATMOS ENERGY 253 253
AUTOMATED BUSINESS MACHINES 246 246
BARBIER, MARK 1,286 1,286
BARLOWORLD HANDLING LP 1,490 1,490
BEARDSLEY & PIPER, LLC 281 281
BELL SOUTH 3,368 3,368
BELLWEATHER, INC 6,347 6,347
B-H TRANSFER CO 8,106 8,106
BLAKE & PENDLETON INC. 5,248 5,248
BORDEN CHEMICAL INC. 24,008 24,008
BROADSPIRE SERVICES INC 69,968 69,968
BUCK ICE & COAL 1,302 1,302
CAIL TOOL & MACHINERY, INC. 13,268 13,268
CAMERON & BARKLEY CO. 698 698
CARLA DEVITA REED 600 600
CARRIER VIBRATING EQUIPMENT, I 28,938 28,938
CECO ASSOCIATES 3,348 3,348
CHAMPION CHISEL WORKS, INC. 6,595 6,595
CHAPTER 13 TRUSTEE 24,309 24,309
CHATTAHOOCHEE RIVER CLUB 183 183
CHILD SUPPORT ENFORCEMENT 925 925
CHILD SUPPORT ENFORCEMENT, FSR 1,606 1,606
CINTAS CORP. 7,140 7,140
CLARK, ART 54 54
CLEARINGHOUSE 333 333
CLERK OF MUNICIPAL COURT 3,947 3,947
CLERK OF THE CIRCUIT COURT 1,101 1,101
CLIFTON STEEL COMPANY 2,906 2,906
COBB WIRE ROPE & SLING CO. 279 279
COLUMBUS FIRE & SAFETY EQUIP 102 102
COLUMBUS LEDGER 102 102
CROCHET, MARVIN 4,308 4,308
CURTIS REDDING 2,280 2,280
DAN KLEIBER 357 357
DANEE INC 9,821 9,821
DANIELS, RICHARD 420 420
DAUBER COMPANY, INC. 27,216 27,216
DAVID J JOSEPH COMPANY 3,644,310 3,644,310
DEFENDER SERVICES INC 9,237 9,237
DISAMATIC 59,451 59,451
EAGLITE CHEMICALS 8,703 8,703
EARTHLINK INC 24 24
ECMC 37 37
EDDIE WILLIAMS 8,144 8,144
EDWARD E. RIFFLE 1,591 1,591
ELKEM METALS, INC. 137,372 137,372
F & B AUTO ELECTRIC SERVICE 1,294 1,294
FAMILY SUPPORT REGISTRY FSR 82,229 82,229
FLETCHER OIL INC. 835 835
FORTNEY, LEE 744 744
FUJI MEDICAL SYSTEMS#06004980 8,949 8,949
COLUMBUS FOUNDRY CASE NO. 04-67609
CASH DISBURSEMENTS
OCTOBER 2004
TOTAL GRAND TOTAL
VENDOR NAME TOTAL CHECKS OCT WIRES OCT DISB
G E CAPITAL 008 7,553 7,553
GA AUTOMATION CO. INC. 342 342
GA SELF INSURERS GUARANTY 3,110 3,110
GENERAL KINEMATICS 3,431 3,431
GEORGIA POWER 187 187
GEORGIA POWER CO 388 388
GLENN PETRIK 1,581 1,581
GLOBE METALLURGICAL INC 346,677 346,677
GLOBAL DOSIMRY SOLUTIONS INC 217 217
GRAYLINK 636 636
GWINNETT MAGISTRATE COURT 879 879
HAMILTON STATION APTS 2,610 2,610
HAMPTON INN 1,012 1,012
HARMON, DOUG 474 474
HARTLEY CONTROLS CORP. 598 598
HAUTT, PETE 223 223
HERAEUS ELECTRO-NITE CO. 17,952 17,952
HINTON, BOB 511 511
HIRSCH, PARTIN, GROGAN & 140 140
HUGHES SUPPLY, INC. 7,893 7,893
IKON OFFICE SOLUTIONS 480 480
INDUCTOTHERM 1,232 1,232
INDUSTRIAL ENVIRONMENT HEALTH 524 524
INNOVATECH PRODUCTS 1,302 1,302
INSTITUTE OF INTERNAL AUDITORS 115 115
INTERNAL REVENUE SERVICE 2,956 2,956
INTERNATIONAL TREASURER-USAW 23,632 23,632
INTERSTATE ELECTRICAL SUPPLY 17,916 17,916
IRON AGE CORP 2,387 2,387
JASON ASH 208 208
JOHN H. GERMERAAD, TRUSTEE 475 475
JOHNSTONE SUPPLY 842 842
KENNETH T. LARSON 316 316
KENT RUDBECK 7,524 7,524
LABCORP OF AMERICA HOLDINGS 834 834
LAKE, STEVE 121 121
LAND TRANSPORTATION 238,396 238,396
LARPEN METALLURGIAL SERVICE 283,330 283,330
LAURA JEAN HURT 304 304
LINA 608 608
LINDE GAS LLC 3,067 3,067
LP GAS INDUSTRIAL EQUIPMENT CO 2,289 2,289
MAGISTRATE COURT OF 750 750
MANPOWER 576 576
MARSHALL MILLER 151 151
MARTIN BROTHERS CONTAINERS 21,826 21,826
MAYS, DANNY J. 47 47
MEANS INDUSTRIES 8,607 8,607
METOKOTE CORPORATION 207,000 207,000
MICHAEL SMITH 783 783
MIKE GRAY 523 523
MILLER AND COMPANY LLC 123,992 123,992
MODERN EQUIPMENT CO 2,081 2,081
MOTION INDUSTRIES, INC. 740 740
MT SYSTEMS, INC 1,231 1,231
MUSCOGEE COUNTY TAX COMM 180,783 180,783
NC CHILD SUPPORT CENTRALIZED 271 271
NCR-EROCOVERY 899 899
NEVADA STATE TREASURER 8 8
NOBLE COUNTY CLERK 1,560 1,560
NORFOLK SOUTHERN CORPORATION 82,486 82,486
NORTH COLUMBUS PHARMACY 67 67
OCCUPATIONAL MEDICINE OF 4,280 4,280
OFFICE DEPOT CREDIT PLAN 2,500 2,500
COLUMBUS FOUNDRY CASE NO. 04-67609
CASH DISBURSEMENTS
OCTOBER 2004
TOTAL GRAND TOTAL
VENDOR NAME TOTAL CHECKS OCT WIRES OCT DISB
OFFICE OF THE ATTORNEY GENERAL 504 504
OMNI SOURCE 52,800 52,800
PA SCDU 271 271
PARMER WATER COMPANY 103 103
PENSION BENEFIT QUARANTY CORP. 29,094 29,094
PERFECT PATTERNS INC. 158,805 158,805
PIEDMONT NATIONAL CORPORATION 61 61
PINE HOLLOW, INC. 9,720 9,720
PINSON VALLEY HEAT TREAT 908 908
PORTER WARNER INDUSTRIES 20,215 20,215
PREFERRED SOURCING 11,117 11,117
PRIMETRADE, INC. 801,801 801,801
PROVIDENT LIFE & ACCIDENT INS. 6,928 6,928
REAVES WRECKING 1,500 1,500
REFRACTORY SALES & SERVICE CO. 3,660 3,660
REYNOLDS SUPPLY CO. 2,080 2,080
RODGERS METAL CRAFT, INC. 19,939 19,939
RUSS THUROW 5,620 5,620
SAFETY SOUTH 7,337 7,337
SAM'S WELDING 741 741
SANTA CLARA COUNTY 1,190 1,190
SCALE SYSTEMS INC 767 767
SCORE, INC 10,300 10,300
SCOTT MILLER 1,383 1,383
SHEMWELL, DAVID 52 52
SHEPERD NILES 1,299 1,299
SHERRIE FAYE BARBIER 650 650
SHOES 'N COMPANY 1,206 1,206
SILICA TRANSPORT 46,141 46,141
SIMPSON TECHNOLOGIES 901 901
SMITH, MIKE 647 647
SOL TIC/ MERVIS 32,341 32,341
SOUTHERN STATES TOYOTALIFT 21,919 21,919
SOUTHLAND INDUSTRIAL SUPPLY, I 5 5
SPAR SPECIALTY REFRACTORIES 18,486 18,486
SPRINT PCS 3,336 3,336
STAFFING SOLUTIONS, COLUMBUS 2,638 2,638
STATE COLLECTION & DISBURSMENT 500 500
STATE COURT OF GEORGIA 754 754
STATE DISBURSEMENT UNIT 2,266 2,266
STATE OF FLORIDA DISBURSMENT 558 558
STERICYCLE, INC. 76 76
SUPREME CORES OF THE CAROLINAS 22,644 22,644
STROMQUIST & CO., INC. 87 87
SUNSOURCE/ACTIVATION 2,856 2,856
THE CROWN GROUP 2,000 2,000
TRANS-MAN LOGISTICS, INC. -
TRIPLE M MANUFACTURING, INC. 9,121 9,121
TRONIX INC 453 453
UMETCO, INC 143,990 143,990
UNIMIN CORPORATION 56,757 56,757
U.S. DEPT OF EDUCATION 606 606
UNITED STATES POSTAL SERVICE 1,000 1,000
UNITED WAY CHATTAHOOCHEE CTY 2,026 2,026
VESUVIUS U.S.A. 12,764 12,764
VICTORIA BODLEY 400 400
VOLVO RENTS 3,226 3,226
VULCAN ELECTRO COATING 17,439 17,439
W W GRAINGER, INC. 1,661 1,661
WARD, KATHY 148 148
WARR GRADING CONTRACTOR 16,848 16,848
WHEELABRATOR ABRASIVES, INC. 55,020 55,020
WHEELABRATOR INTERNATIONAL 5,326 5,326
WILLIAM A.KIBBE & ASSOCIATES 4,890 4,890
COLUMBUS FOUNDRY CASE NO. 04-67609
CASH DISBURSEMENTS
OCTOBER 2004
TOTAL GRAND TOTAL
VENDOR NAME TOTAL CHECKS OCT WIRES OCT DISB
YELLOW CAB OF COLUMBUS INC. 7 7
GEORGIA SALES TAX (EFT) 56,473 56,473
RECONCILING ITEMS 860 860
------------ ----------- -----------
$ 1,500,094 $ 6,273,360 $ 7,773,458
COLUMBUS FOUNDRY
CASE 04-67609
COLUMBUS FOUNDRY
CASE NO. 04-67609
AT 10/31/04
COLUMBUS FOUNDRY - OCTOBER BANK RECONCILIATION
Bank Balance $ 0
Actual Outstanding Checks 727,014
Ck#15648 not posted until Nov. (856)
--------
Book Balance 726,159
--------
Columbus Foundry
Case # 04-67609
OUTSTANDING CHECK LIST
CHECK DATE OUTSTANDING
15437 10/6/2004 387.50
15444 10/6/2004 121.28
15463 10/8/2004 339.58
15506 10/13/2004 2,081.00
15507 10/13/2004 322.30
15522 10/15/2004 308.38
15537 10/18/2004 221.12
15549 10/19/2004 25,000.00
15564 10/20/2004 3,678.00
15566 10/20/2004 2,289.20
15567 10/20/2004 8,607.00
15578 10/20/2004 2,201.58
15580 10/20/2004 12,708.31
15586 10/20/2004 450.00
15587 10/20/2004 332.52
15588 10/20/2004 2,188.34
15591 10/20/2004 16.85
15596 10/20/2004 1,083.00
15597 10/20/2004 750.41
15599 10/20/2004 270.84
15602 10/20/2004 595.00
15604 10/20/2004 533.13
15606 10/20/2004 557.84
15608 10/20/2004 200.00
15609 10/20/2004 41,014.03
15616 10/21/2004 336.26
15618 10/21/2004 3,660.00
15620 10/21/2004 1,860.00
15623 10/21/2004 201.06
15631 10/22/2004 7,260.00
15635 10/22/2004 67.24
15637 10/22/2004 9,821.49
15638 10/22/2004 208.02
15639 10/22/2004 3,335.54
15640 10/22/2004 27,216.00
15647 10/25/2004 608.21
15648 10/25/2004 855.61
15649 10/25/2004 7,336.99
15650 10/25/2004 3,800.00
15651 10/25/2004 7,536.74
15652 10/25/2004 9,216.00
15653 10/25/2004 930.00
15654 10/25/2004 1,758.83
15655 10/25/2004 69,000.00
15661 10/26/2004 2,762.89
15662 10/26/2004 4,020.46
15663 10/26/2004 17,170.00
15664 10/26/2004 690.88
15665 10/26/2004 576.00
15666 10/26/2004 61.28
15667 10/26/2004 3,915.00
15668 10/26/2004 5,699.25
15669 10/26/2004 500.00
15672 10/26/2004 6,861.09
15673 10/26/2004 6,786.00
15674 10/26/2004 297.11
15675 10/26/2004 2,255.92
15676 10/26/2004 2,610.00
15678 10/26/2004 150.69
15679 10/26/2004 783.00
15680 10/26/2004 646.80
15686 10/27/2004 5,307.20
15687 10/27/2004 13,920.00
15688 10/27/2004 80.80
15689 10/27/2004 1,443.00
15690 10/27/2004 1,293.63
15691 10/27/2004 108.54
15692 10/27/2004 445.63
Columbus Foundry
Case # 04-67609
OUTSTANDING CHECK LIST
CHECK DATE OUTSTANDING
15693 10/27/2004 3,760.89
15695 10/27/2004 7,761.33
15696 10/27/2004 452.95
15697 10/27/2004 475.00
15698 10/27/2004 1,250.00
15699 10/27/2004 254.85
15706 10/28/2004 281.22
15707 10/28/2004 21,274.09
15708 10/28/2004 1,302.00
15709 10/28/2004 1,088.85
15710 10/28/2004 21,826.39
15711 10/28/2004 310.70
15712 10/28/2004 1,231.28
15713 10/28/2004 403.14
15714 10/28/2004 740.80
15715 10/28/2004 168.48
15716 10/28/2004 8,867.74
15717 10/28/2004 86.59
15718 10/28/2004 2,736.22
15719 10/28/2004 1,607.14
15720 10/28/2004 2,115.00
15721 10/28/2004 214.39
15722 10/28/2004 523.26
15724 10/28/2004 1,140.00
15725 10/28/2004 36.77
15726 10/28/2004 320.00
15727 10/28/2004 1,233.00
15728 10/28/2004 2,185.62
15729 10/28/2004 304.00
15730 10/28/2004 271.00
15731 10/28/2004 8.00
15732 10/28/2004 595.00
15733 10/28/2004 575.00
15734 10/28/2004 500.00
15736 10/28/2004 288.06
15742 10/29/2004 1,553.11
15743 10/29/2004 21,706.68
15744 10/29/2004 405.00
15745 10/29/2004 1,600.00
15746 10/29/2004 246.10
15747 10/29/2004 5,247.67
15748 10/29/2004 2,764.00
15749 10/29/2004 698.20
15750 10/29/2004 3,348.00
15751 10/29/2004 6,595.10
15752 10/29/2004 2,906.00
15753 10/29/2004 278.57
15754 10/29/2004 102.08
15755 10/29/2004 10,807.00
15757 10/29/2004 835.08
15758 10/29/2004 7,553.13
15759 10/29/2004 341.68
15760 10/29/2004 3,430.52
15761 10/29/2004 108.54
15762 10/29/2004 101.52
15763 10/29/2004 2,499.60
15765 10/29/2004 7,305.00
15766 10/29/2004 593.24
15767 10/29/2004 19,938.52
15768 10/29/2004 766.95
15770 10/29/2004 5.35
15771 10/29/2004 119.55
15772 10/29/2004 445.50
15773 10/29/2004 1,075.35
15774 10/29/2004 2,619.35
15775 10/29/2004 53.95
15776 10/29/2004 5,326.03
15777 10/29/2004 102.00
15778 10/29/2004 808.13
15779 10/29/2004 8,105.50
59550 10/1/2004 180,782.99
----------
October outstanding checks 727,014.12
==========
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: October 31, 2004
-------------------
The following information is to be provided for each shareholder, officer,
director, manager, insider, or owner that is employed by the debtor in
possession. (Attach additional pages if necessary.)
Columbus Foundry, L.P.
NAME: Case Number: 04-67609 CAPACITY:
------ Shareholder
Management and other insider compensation are
maintained at Internet Corporation. Please see ------ Officer
Intermet Corporation (Case #04-67597)
for all insider compensation/payments. ------ Director
------ Insider
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
CURRENT COMPENSATION PAID: Weekly or Monthly
--------- -------
CURRENT BENEFITS PAID: Weekly or Monthly
Health Insurance
--------- -------
Life Insurance
--------- -------
Retirement
--------- -------
Company Vehicle
--------- -------
Entertainment
--------- -------
Travel
--------- -------
Other Benefits
--------- -------
Total Benefits
--------- -------
CURRENT OTHER PAYMENTS PAID: Weekly or Monthly
Rent Paid
--------- -------
Loans
--------- -------
Other (Describe)
--------- -------
Other (Describe)
--------- -------
Other (Describe)
--------- -------
Total Other Payments
--------- -------
CURRENT TOTAL OF ALL PAYMENTS: Weekly or Monthly
$ 0
--------- -------
DATED:
-------------------------- -------------------------------
PRINCIPAL, OFFICER, DIRECTOR, OR
INSIDER
Intermet Corporation and Subsidiaries Columbus Foundry, L.P.
Schedule of In-Force Insurance Case Number: 04-67609
POLICY COVERAGE CARRIER POLICY PERIOD
- ----------------------------- ---------------------------- ----------------------------
Property Lloyds 11/1/04-11/01/05
Boiler/Machine Hartford 11/1/04-11/01/05
Cargo Fireman's Fund 11/1/04-11/01/05
Truck Cargo Fireman's Fund 11/1/04-11/01/05
Aviation USAIG 11/1/04-11/01/05
Fiduciary St. Paul 11/1/04-11/01/05
Primary D&O St. Paul 11/1/04-11/01/05
Excess D&O Chubb 11/1/04-11/01/05
Side A Platte River 11/1/04-11/01/05
Crime Gulf 11/1/04-12/1/04
General Liability Liberty Mutual 11/1/04-12/22/04
Umbrella National Union 11/1/04-12/22/04
Work Comp Liberty Mutual 11/1/04-12/22/04
Excess Work Comp Liberty Mutual 11/1/04-12/22/04
Auto Liberty Mutual 11/1/04-12/22/04
Foreign (DIC) Liberty Mutual 11/1/04-12/22/04
UNITED STATES BANKRUPTCY COURT
FOR THE EASTERN DISTRICT OF MICHIGAN
TRANSMITTAL OF FINANCIAL REPORTS AND
CERTIFICATION OF COMPLIANCE WITH UNITED STATES TRUSTEE
OPERATING REQUIREMENTS FOR
THE PERIOD ENDED: October 31, 2004
------------------
IN RE:
Intermet Corporation, et al
CASE NUMBER: 04-67612
Chapter 11
Diversified Diemakers, Inc. Judge: Marci B. McIvor
- ---------------------------------------/
Debtor
As debtor in possession, I affirm:
1. That I have reviewed the financial statements attached hereto, consisting of:
X Operating Statement (Form 2)
---
X Balance Sheet (Form 3)
---
X Summary of Operations (Form 4)
---
X Monthly Cash Statement (Form 5)
---
X Statement of Compensation (Form 6)
---
X Schedule of In-Force Insurance (Form 7)
---
and that they have been prepared in accordance with normal and customary
accounting practices, and fairly and accurately reflect the debtor's financial
activity for the period stated;
2. That the insurance, including workers' compensation and unemployment
insurance, as described in Section 5 of the Operating Instructions
and Reporting Requirements For Chapter 11 Cases is in effect; and,
(If not, attach a written explanation) YES X NO
--- ---
3. That all post-petition taxes as described in Section 9 of the Operating
Instructions and Reporting Requirements For Chapter 11 cases are current.
(If not, attach a written explanation) YES X NO
--- ---
4. No professional fees (attorney, accountant, etc.) have been paid without
specific court authorization.
(If not, attach a written explanation) YES X NO
--- ---
5. All United States Trustee Quarterly fees have been paid and are current.
YES X NO
--- ---
6. Have you filed your pre-petition tax returns.
(If not, attach a written explanation) YES X NO
--- ---
I hereby certify, under penalty of perjury, that the information provided above
and in the attached documents is true and correct to the best of my information
and belief.
/s/ Robert E. Belts
Dated: December 3, 2004 ------------------------------------------------
------------------ Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- -----------------------
Title Phone
Form 1
Intermet Corporation and Subsidiaries
Operating Statement Case #04-67612
For the Month Ended 10-31-04 Diversified
(000's) Diemakers
---------------------------------------------
Current Month Total Since Filing
--------------------- ---------------------
Net Sales $7,427 $7,427
Cost of Goods Sold
Materials and Freight 2,683 2,683
Wages - Hourly 1,374 1,374
Wages-Salary 156 156
Employee Benefits and Pension 619 619
Repairs & Maintenance 422 422
Supplies 147 147
Utilities 300 300
Purchased Components/Services 0 0
Income(loss) from Pattern Sales 41 41
Fixed Asset - (gain/loss) 0 0
MIS Expense 0 0
Travel & Entertainment 3 3
Other Variable Costs 431 431
Depreciation & Amortization 748 748
Other Allocated Fixed Costs 293 293
Other Fixed Costs 121 121
-------------------- --------------------
Cost of Goods Sold 7,339 7,339
Gross Profit 88 88
Plant SG&A Expense 0 0
SG&A Expense - Allocation (Sched 1) 240 240
Other Operating Expenses 0 0
-------------------- --------------------
Total Operating Expenses 240 240
-------------------- --------------------
Operating Profit (151) (151)
Outside Interest Income 0 0
Outside Interest (Expense) 0 0
Intercompany Interest Income 0 0
Intercompany Interest (Expense) (178) (178)
Charges (From) Affiliates 0 0
Charges To Affiliates 0 0
Income From European Subsidiary 0 0
Other Income/(Expense) 0 0
-------------------- --------------------
Total Non-Operating Expenses (178) (178)
Income Before Income Taxes (330) (330)
Income Tax Expense 4 4
-------------------- --------------------
Net Income ($334) ($334)
==================== ====================
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs (October)
(Allocation of Corporate Costs to Filing Entities)
October
----------
Officer Compensation $ 196,042
Salary Expense other Employees 802,961
Employee Benefits and Pension 133,527
Payroll Taxes 43,948
Other Taxes 6,922.86
Rent and Lease Expense 180,971
Interest Expense
Insurance 69,363
Automobile and Truck Expense 2,695
Utilities(Gas Electric,Phone) 47,700
Depreciation 89,205
Travel and Entertainment 70,376
Repairs and Maintenance 53,523
Advertising/Promotion 0
Supplies, Office Expense 24,275
OTHER:
Contributions 0
Professional Fees - Audit/Tax 131,192
Bank Fees 17,576
Public Reporting Fees 16,000
Employee Relocation/Training 2,850
Data Processing 28,029
Dues and Subscriptions 7,328
Outside Services 311,339
Project Development Costs net of Billings 56,285
Director Fees (144,667)
Miscellaneous (158,119)
Professional Fees - Bankruptcy 2,643,198
Cost Allocation - Out (227,787)
----------
$4,404,731
==========
Allocation:
Wagner Castings $ 177,312
Northern Castings 46,825
Ironton Iron 0
Lynchburg Foundry 179,333
Columbus Foundry 290,418
Wagner Havana 0
Intermet U.S. Holdings 240,779
Cast-Matic Corp. 76,250
Diversified Diemakers 239,650
Ganton Technologies 155,833
Tool Products 127,416
Intermet Corporation 2,870,915
----------
Total $4,404,731
==========
Intermet Corporation and Subsidiaries
Balance Sheet As Of 10-31-04
(000's)
Case #04-67612
Diversified
Diemakers
--------------------
Cash And Equivalents $60
Accounts Receivable 12,451
Short-Term Intercompany Receivables 61
Inventories 11,301
Other Current Assets 86
-------------------
TOTAL CURRENT ASSETS 23,960
Land and Buildings 16,395
Machinery & Equipment 59,070
Construction In Progress 975
-------------------
Total Fixed Assets 76,440
Accumulated Depreciation (39,563)
-------------------
NET FIXED ASSETS 36,877
Investment In Subsidiaries 0
Investment In European Operations 0
Long-Term Intercompany Receivables 42,605
Deferred Taxes, Long-Term Asset 0
Other Assets 0
-------------------
TOTAL ASSETS $103,443
===================
LIABILITIES AND SHAREHOLDER EQUITY
POST PETITION LIABILITIES
Accounts Payable $133
Wages and Salaries (See schedule) 483
Taxes Payable - (See schedule) 150
-------------------
TOTAL POST PETITION LIABILITIES 766
SECURED LIABILITIES:
Secured Liabilities - Bank Debt 0
PRE-PETITION LIABILITIES:
TAXES AND OTHER PRIORITY LIABILITIES:
Accrued Income Taxes 0
Accrued Tax - State 11
Accrued Property Taxes 361
Accrued Workers Comp. 985
Accrued Payroll 0
Accrued Payroll Taxes 0
-------------------
TOTAL TAXES AND OTHER PRIORITY LIABILITIES 1,357
UNSECURED LIABILITIES
Accounts Payable 6,581
IDR Bonds 0
-------------------
TOTAL UNSECURED LIABILITIES 6,581
OTHER LIABILITIES
Accrued Liabilities 3,575
Total Intercompany Payables 0
Notes Payable, Short Term 0
Capital Leases 0
Retirement Benefits 1,115
Deferred Taxes - Long-Term Liability 0
Other Long-Term Liabilities 1,577
-------------------
TOTAL LIABILITIES 14,971
Common Stock 0
Capital In Excess Of Par Value 110,000
Retained Earnings - Pre-Petition (21,195)
Retained Earnings - Post- Petition (334)
Equity in European Operations 0
Accumulated Translation Adjustment 0
Minimum Pension Liability Adjustment 0
Unearned Restricted Stock 0
-------------------
TOTAL SHAREHOLDERS' EQUITY 88,472
-------------------
TOTAL LIABILITIES AND EQUITY $103,443
===================
PERIOD ENDED: 10-31-04 DIVERSIFIED DIEMAKERS, INC. CASE #04-67612
--------------------------
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
9/30/2004 Withheld Deposits 10/31/2004
-------------------------------------------------------------------------------------
Income tax withheld: Federal ($7,847) ($179,140) $149,618 ($37,369)
Income tax withheld: State (2,469) (56,781) 47,414 (11,837)
Income tax withheld: Local 0 0 0 0
FICA Withheld (5,925) (140,012) 117,170 (28,766)
Employers FICA (5,925) (140,012) 117,170 (28,766)
Unemployment Tax: Federal (48) (1,040) 884 (204)
Unemployment Tax: State (193) (4,160) 3,537 (816)
All Other Payroll W/H 0 0 0 0
State Taxes: Inc./Sales/Use/Excise 0 (6,440) 12,377 5,937
Property Taxes 0 (47,861) 0 (47,861)
Workers Compensation 0 0 0 0
-------------------------------------------------------------------------------------
Total ($22,407) ($575,446) $448,170 ($149,682)
Wages and Salaries (200,118) (1,330,500) 1,047,547 (483,071)
-------------------------------------------------------------------------------------
Grand Total ($222,525) ($1,905,946) $1,495,717 ($632,753)
=====================================================================================
Aging of Accounts Receivable
and Post Petition Accounts Payable
Age in Days (Post Petiition) 0-30 Days 30-60 Days Over 60 Days
Accounts Payable $133,084 $0 $0
Accounts Receivable (See attached schedule)
ACCOUNTS RECEIVABLE AGING
10/31/04
(000'S)
PAST DUE BALANCES
TOTAL CURRENT 1-30 31-60 61-90 OVER 90
------ ------ ------ ------ ------ --------
DOMESTIC FERROUS:
- Archer Creek 7,100 6,700 400 -- -- --
- Radford 100 -- -- -- -- 100
------ ------ ------ ------ ------ ------
Lynchburg Foundry, Inc. 7,200 6,700 400 -- -- 100
Columbus Foundry, LP. 25,800 22,700 2,400 400 -- 300
- Columbus Machining 500 300 200 -- -- --
- New River 11,700 6,400 4,700 400 100 100
------ ------ ------ ------ ------ ------
Intermet U.S. Holding, Inc. 12,200 6,700 4,900 400 100 100
Wagner Castings Co. 8,743 7,086 700 300 157 500
Wagner Havana, Inc. -- -- -- -- -- --
Northern Castings Corp. 1,542 1,042 400 -- 100 --
LIGHT METALS:
- Jackson 3,184 2,300 400 200 100 184
- Minneapolis 7,200 5,000 1,500 200 100 400
------ ------ ------ ------ ------ ------
Tool Products, Inc. 10,384 7,300 1,900 400 200 584
Diversified Diemakers, Inc. 13,800 9,500 2,000 400 100 1,800
- PULASKI 3,700 2,400 400 600 200 100
- RACINE PLANTS 8,700 7,200 500 100 100 800
------ ------ ------ ------ ------ ------
Ganton Technologies, Inc. 12,400 9,600 900 700 300 900
Castmatic Corporation 5,000 4,600 400 -- -- --
INTERMET CORPORATION AND SUBSIDIARIES PERIOD ENDED 10/31/2004
MONTHLY CASH STATEMENT MONTHLY CASH STATEMENT
CASH ACTIVITY ANALYSIS:
CASE # 04-67612
DIVERSIFIED DIE MAKERS (MONROE)
----------------------------------------------------------------------------------------
ACCOUNT TYPE LOCKBOX 672976 DEPOSIT AP CHECKING CHECKING PR
ACCOUNT # 1851811313 3473589977 2176982854 5045182027 5970758593 2176983043
BANK Comerica Bank of America Comerica Bank of America UMB Bank Comerica
BEGINNING BANK BALANCE
RECEIPTS - 3,428 - 19,908 876 -
TRANSFERS IN (CORPORATE) 6,320,462 116,619 - 809 - 859
DIP INFLOW - - 644,996 - - 565,372
DISBURSEMENTS - - - - - -
TRANSFERS OUT (CORPORATE) (347) (917) (644,996) - (32) (566,231)
ENDING BANK BALANCE (6,320,115) (81,701) - - - -
---------------------------------------------------------------------------------------
- 37,428 - 20,717 844 -
WIRES PAID FOR BY CORPORATE 3,595,229 773,274
CHECKS ISSUED 864,923
------------
TOTAL DISBURSEMENTS (SEE TOTAL DISBURSEMENTS RECONCILIATION) 4,460,152
CHECKS ISSUED 864,923
CHECK CLEARED (644,996)
------------
OUTSTANDING CHECKS (SEE OUTSTANDING CHECKLIST) 219,927
============
CASE # 04-67612
DIVERSIFIED DIE MAKERS (MONROE)
ACCOUNT TYPE ---------------------------------------------
ACCOUNT # BENEFITS HEALTH CARE TOTAL
BANK 688486 2176983035 - Inactive
Bank One Comerica
BEGINNING BANK BALANCE
RECEIPTS - - 24,212
TRANSFERS IN (CORPORATE) - - 6,438,749
DIP INFLOW 239 - 1,210,607
DISBURSEMENTS - - -
TRANSFERS OUT (CORPORATE) (239) - (1,212,762)
ENDING BANK BALANCE - - (6,401,816)
--------------------------------------------
- - 58,989
WIRES PAID FOR BY CORPORATE 4,426,607
CHECKS ISSUED
TOTAL DISBURSEMENTS (SEE TOTAL DISBURSEMENTS RECONCILIATION)
CHECKS ISSUED
CHECK CLEARED
OUTSTANDING CHECKS (SEE OUTSTANDING CHECKLIST)
DIVERSIFIED DIEMAKERS, INC. CASE NO. 04-67612
CASH DISBURSEMENTS
OCTOBER 2004
VENDOR NAME WIRES CHECKS TOTAL DISBURSEMENTS
A & A MFG. CO., INC. $ - $ 422 $ 422
A & S PRINTING SERVICE 7,962 7,962
A. RAYMOND INC 913 913
ADECCO EMPLOYMENT SERVICES 106,118 106,118
AFASSCO 5,948 5,948
ALCOA INC. 9,450 9,450
ALRO MASCO ST. LOUIS 1,421 1,421
AMACOR 189,900 - 189,900
AMERICAN METAL CHEMICAL CORP 297 297
ANDREW BICHSEL 64 64
ANGEL VOLLRATH 15 15
ASSOCIATE CIRCUIT COURT - -
ASSOCIATED CIRCUIT COURT OF - -
AUTOMATIC DATA PROCESSING 8,952 8,952
AWERKAMP MACHINE CO. 3,115 3,115
BANK OF AMERICA 1,189 1,189
BDC, INC. 619 619
BENT TUBE INC 1,922 1,922
BILL BAILEY 16 16
BLEIGH READY MIX CO. 772 772
BOB CARMEAN 44 44
BOBBI HUDSON 29 29
BOULEVARD PROPERTIESM, LLC. 821 821
BRAHLER'S TRUCKERS SUPPLY 129 129
BRENT DUDGEON 580 580
BUCKMAN'S CONVENIENCE STORE 878 878
CALIFORNIA INDUSTRIAL PRODUCTS 6,529 6,529
CAMCAR TEXTRON 17,013 17,013
CANFIELD & JOSEPH, INC. 832 832
CARL HAYS 90 90
CAROLYN A. GRAINGER 360 360
CASTING EQUIPMENT & SUPPLY 290 290
CENTRAL WELDING SUPPLIES, INC. 8,231 8,231
CENTURYTEL OF SOUTHWEST MO 43 43
CHARLIE SMOOT 207 207
CHEM-TREND INCORPORATED 7,380 8,616 15,996
CHINN ENTERPRISES, LLC 38,378 38,378
CHRISTY REFRACTORIES COMPANY 6,195 6,195
CITY OF SHELBINA 67 67
COLLECTION SERVICES CENTER - -
COMMON SENSE ENTERPRISES 1,440 1,440
CONNIE BARNARD 218 218
COORSTEK, INC. 1,121 1,121
COPPER & BRASS SALES 205 205
CRESCENT ELECTRIC SUPPLY CO 300 300
CREST PRODUCTS INC 8,548 8,548
DAN FOSTER 101 101
DANA 276,915 - 276,915
DAVIS TOOL & DIE 28,085 28,085
DEAD SEA 1,235,961 - 1,235,961
DEBBIE LUNDBERG 15 15
DEBBIE SHIVELY 15 15
DENNY BENSON 57 57
DENNY MOSS 163 163
DIANE SIMBRO 1,166 1,166
DISA GOFF, INC. 40 40
DIVERSIFIED DIEMAKER 2,596 2,596
DON HAYS 410 410
DREW T. ERWIN - -
E. JOHN CLARK - -
EASTERN 302,612 - 302,612
ELECTROCHEM, INC. OF MO 3,458 3,458
ENGINEERED LUBRICANTS CO. 13,884 13,884
ENGINEERED SALES 167 167
ERIC RODGERS 310 310
DIVERSIFIED DIEMAKERS, INC. CASE NO. 04-67612
CASH DISBURSEMENTS
OCTOBER 2004
VENDOR NAME WIRES CHECKS TOTAL DISBURSEMENTS
ESTES EXPRESS 1,811 1,811
ESTES FREIGHT 137 137
FAMILY SUPPORT PAYMENT CENTER - -
FEDERAL DIVERSIFIED SERVICES - -
FedEx 1,273 1,273
FRANK DORSEY 75 75
FREUDENBERG - NOK 4,567 21,861 26,428
G.S. INCORPORATED 11,620 11,620
G.S. ROBINS AND COMPANY 1,140 1,140
GALE BEHRING 75 75
GARY YAGER 1,140 1,140
GEO. C. POTTERFIELD TRUCKING 300 300
GEORGE MORGAN 18 18
GOAD COMPANY 327 327
GRAINGER 2,642 2,642
GREAT RIVER CLINIC 49 49
GREG ADDISON 277 277
GREG COOPER 249 249
GULLY TRANSPORATION 550 550
HANNIBAL COURIER-POST 246 246
HELCO PRECISION TOOLS & GAGES 567 567
HENKEL LOCTITE CORPORATION 423 423
HILLYARD FLOOR CARE SUPPLY 7,333 7,333
HTE TECHNOLOGIES 16,821 16,821
IDG USA, LLC 5,870 5,870
ILLINI ENVIRONMENTAL INC. 8,000 8,000
ILLINOIS STATE DISBURSMNT UNIT - -
INDUSTRIAL FINISHING SERVICES 13,820 13,820
INDUSTRIAL STRAINER COMPANY 2,189 2,189
ING - RELIASTAR LIFE INS. - -
JACK THORNBURG 111 111
JACKSON BROS-HEARTLAND 3,989 3,989
JANE CROWE 372 372
JASON STARK 38 38
JEFF SPALDING 45 45
JEFFERSON COUNTY SCU - -
JENZANO, INC. 73 73
JERRY BAURIDL 20 20
JERRY RUHL 101 101
JODI GARNER 75 75
JOE GASS 15 15
JOE MCCLURE 485 485
JOHN HENRY FOSTER CO. 812 812
JOHN V. LABARGE JR - -
JOJO GRIFFIN 60 60
JOSH DAVIS 75 75
KAMAX GB DUPONT LP 2,673 2,673
KANSAS CITY LIFE - -
KAREN BAKER 7 7
KENTUCKY STATE TREASURER 111 111
KEVIN BICHSEL 151 151
KEVIN PETERS 301 301
KEYENCE CORP OF AMERICA 619 619
KONIECZNY TOOL & DIE 20,365 20,365
L.N. BROSS 301 301
LAURA CLOW 62 62
LEMUEL BECK JR 29 29
LEO O'LAUGHLIN, INC. 2,600 2,600
LISA MARTIN 548 548
LISA OBERT 75 75
LISANN HAYES 429 429
LUBY EQUIPMENT SERVICES 1,932 1,932
LUCINDA HURLEY - -
MANPOWER 6,313 6,313
MARK TWAIN SUPPLY CO. 7,748 7,748
DIVERSIFIED DIEMAKERS, INC. CASE NO. 04-67612
CASH DISBURSEMENTS
OCTOBER 2004
VENDOR NAME WIRES CHECKS TOTAL DISBURSEMENTS
MARK UTTERBACK 40 40
MARK YAGER 459 459
MARLIN REAGAN 14 14
MARLON BUSINESS FORMS 521 521
MARY PUROL 36 36
MAZAK CORPORATION 609 609
McLEAN MIDWEST 33 33
MDHE - -
MERRICK MACHINERY CO. 855 855
MFA OIL CO. 3,185 3,185
MIDLAND 128,383 - 128,383
MIKE BICHSEL 471 471
MIKE CHURCH 12 12
MINIATURE PRECISION COMPONENTS 4,469 4,469
MISSOURI CENTRAL CREDIT UNION - -
MISSOURI DEPARTMENT OF REVENUE 10,725 10,725
MO. DEPT. OF TRANSPORTATION 610 610
MONROE AUTO PARTS 125 125
MONROE CITY SHELTER WORK SHOP 24,885 24,885
MONROE TIRE & BATTERY 2,006 2,006
MOTION INDUSTRIES, INC 4,048 4,048
MOYERS SERVICE CENTER & 677 677
MSC INDUSTRIAL SUPPLY CO. 381 381
MUNICIPAL TOOL & MACHINERY CO 2,825 2,825
NEFF POWER INC. 334 334
NEWARK INONE 62 62
NORSK HYDRO CANADA INC 389,863 - 389,863
ONEOK ENERGY MARKETING COMPANY 85,643 85,643
PAM BOOTH 60 60
PAT KENDRICK 16 16
PERRY MACHINE AND DIE INC. 44,971 44,971
PRECISION INTERNATIONAL CORP. 45 45
PRUDENTIAL INSURANCE 12,823 12,823
PURCHASE PARTNERS 7,344 7,344
PUTNAM INVESTOR SERVICE - -
QSR GROUP, INC. 7,167 7,167
RADCO INDUSTRIES 1,898 1,898
RALLS COUNTY ASSOCIATE COURT - -
RANDY PARN 361 361
RAYMOND DAVID 75 75
RAYMOND J. QUINLAND - LANDLORD 3,500 3,500
RAYMOND STERNISHA 18 18
REN POTTERFIELD TRUCKING, INC. 350 350
RES MANUFACTURING COMPANY 24,854 24,854
RIBACK SUPPLY CO. 153 153
RICHARD HARRISON 75 75
ROBERT TUTER 53 53
ROBEY BUILDING SUPPLY, INC. 216 216
RONNIE BERRY 228 228
RUDOLPH BROS & CO 1,250 1,250
RUSTIC OAK CABIN RESTAURANT 3,262 3,262
SANDY SHINN 15 15
SBC 116 116
SCOTT SPECIAL TOOLS, INC. 5,719 5,719
SCOTT WILLIAMS 1,048 1,048
SEALCRAFT, INC. 1,470 1,470
SEMBLER CORP. 38,208 38,208
SHAMROCK FIRE EXTINGUISHER SVC 601 601
SHARP BROS. INC 1,150 1,150
SHARPER EDGE CUSTOM POLISHING 1,680 1,680
SHELLEY BUCKMAN 60 60
SHELLY BICHSEL 209 209
SHERYL HAYS 243 243
SHOT-END SUPPLY, INC. 9,487 9,487
SNELLING 10281 5,582 5,582
DIVERSIFIED DIEMAKERS, INC. CASE NO. 04-67612
CASH DISBURSEMENTS
OCTOBER 2004
VENDOR NAME WIRES CHECKS TOTAL DISBURSEMENTS
SOLUTIA INC 2,205 2,205
SPECTRO ALLOY 290,460 - 290,460
SPHERION CORPORATION 12,360 12,360
STACY FOUTES 50 50
STERLING COMMERCE-NETWORK 376 376
STRIPMATIC PRODUCTS INC 1,226 1,226
SUSAN SMITH 80 80
SYMMCO, INCORPORATED 14,000 14,000
TERRY KENDRICK 286 286
THE SU-DAN COMPANY 2,028 2,028
THREE BOND INTERNATIONAL INC. 4,886 4,886
THYSSEN SPECIALTY STEELS 7,592 7,592
TIC-MS, INC. 613 613
TINNERMAN PALNUT 13,781 - 13,781
TOM DEITZMAN 123 123
TOM WATSON 128 128
TOM WESTHOFF 250 250
TOOLING ASSOCIATES 971 971
TOYOTA TSUSHO 54,853 - 54,853
U.S. POSTAL SERVICE 1,200 1,200
UGS 427 427
UNISOURCE WORLDWIDE INC. 29,755 29,755
US MAG 700,555 - 700,555
VICTORY PACKAGING 7,840 7,840
VISI-TRAK WORLDWIDE, LLC 3,440 3,440
WIESE PLANNING & ENGR., INC. 401 401
WINK'S LAWN SERVICE 7,184 7,184
------------------------------------------
TOTAL AP DISBURSEMENTS 1004 $3,595,229 $864,923 $4,460,152
DIVERSIFIED DIEMAKERS, INC.
CASE NO. 04-67612
MONROE - OCTOBER BANK RECONCILIATION
Bank Balance -
Actual Outstanding Checks (219,926.83)
Old Prepetion Checks (10,059.46)
-----------
Book Balance (229,986.29)
===========
DIVERSIFIED DIEMAKERS, INC.
CASE NO. 04-67612
MONROE
OUTSTANDING CHECKS
CHECK DATE OUTSTANDING
337183 10/5/2004 45.00
337322 10/18/2004 297.00
337340 10/20/2004 229.28
337342 10/21/2004 177.38
337344 10/22/2004 798.19
337353 10/22/2004 2,712.36
337355 10/22/2004 2,144.54
337360 10/22/2004 15.00
337361 10/22/2004 360.00
337363 10/22/2004 42.54
337368 10/22/2004 104.76
337370 10/22/2004 246.00
337371 10/22/2004 70.62
337374 10/22/2004 37.88
337375 10/22/2004 162.47
337378 10/22/2004 150.95
337379 10/22/2004 48.38
337380 10/22/2004 61.50
337381 10/22/2004 75.00
337384 10/22/2004 40.10
337385 10/22/2004 148.50
337387 10/22/2004 8.00
337390 10/22/2004 3,100.00
337394 10/22/2004 226.17
337401 10/22/2004 30.00
337404 10/25/2004 5,926.76
337404 10/25/2004 544.60
337410 10/25/2004 9,450.00
337411 10/25/2004 4,919.04
337412 10/25/2004 964.59
337416 10/25/2004 45.22
337417 10/25/2004 8,212.20
337418 10/25/2004 287.44
337423 10/26/2004 93.63
337429 10/26/2004 129.34
337430 10/26/2004 4,000.00
337431 10/26/2004 1,929.37
337432 10/26/2004 166.43
337433 10/26/2004 890.40
337435 10/27/2004 822.86
337436 10/27/2004 342.44
337441 10/27/2004 4,731.48
337442 10/27/2004 1,120.86
337443 10/27/2004 39.66
337444 10/27/2004 5,656.34
337445 10/27/2004 166.80
337446 10/27/2004 175.64
337448 10/27/2004 2,189.10
337449 10/27/2004 134.94
337450 10/27/2004 4,250.00
337451 10/27/2004 90.81
337452 10/27/2004 33.00
337453 10/27/2004 50.57
337455 10/28/2004 1,725.76
337456 10/28/2004 54.83
337457 10/28/2004 78.05
337458 10/28/2004 741.78
337459 10/28/2004 933.39
337464 10/28/2004 970.00
337465 10/28/2004 1,450.80
337466 10/28/2004 3,649.90
337467 10/28/2004 4,194.57
337468 10/28/2004 73.96
337469 10/28/2004 608.75
337470 10/28/2004 214.23
DIVERSIFIED DIEMAKERS, INC.
CASE NO. 04-67612
MONROE
OUTSTANDING CHECKS
CHECK DATE OUTSTANDING
337471 10/28/2004 2,618.66
337472 10/28/2004 206.63
337473 10/28/2004 215.58
337474 10/28/2004 312.44
337475 10/28/2004 2,375.95
337476 10/28/2004 18,200.00
337477 10/29/2004 638.40
337478 10/29/2004 58.50
337479 10/29/2004 188.88
337484 10/29/2004 608.56
337485 10/29/2004 7,618.36
337486 10/29/2004 3,236.12
337487 10/29/2004 1,093.05
337488 10/29/2004 15.00
337489 10/29/2004 8,952.39
337490 10/29/2004 19.88
337491 10/29/2004 821.25
337492 10/29/2004 297.66
337493 10/29/2004 6,529.25
337494 10/29/2004 15.00
337495 10/29/2004 290.05
337496 10/29/2004 393.18
337497 10/29/2004 30.00
337498 10/29/2004 8,616.21
337499 10/29/2004 3,944.00
337500 10/29/2004 66.97
337501 10/29/2004 1,440.00
337502 10/29/2004 204.84
337503 10/29/2004 70.60
337504 10/29/2004 55.62
337505 10/29/2004 15.00
337506 10/29/2004 90.18
337507 10/29/2004 129.35
337508 10/29/2004 300.00
337509 10/29/2004 135.45
337510 10/29/2004 3,458.25
337511 10/29/2004 2,029.60
337512 10/29/2004 300.00
337513 10/29/2004 10.00
337514 10/29/2004 2,641.71
337515 10/29/2004 176.69
337516 10/29/2004 496.50
337517 10/29/2004 3,682.86
337518 10/29/2004 458.03
337519 10/29/2004 2,000.00
337520 10/29/2004 19.50
337521 10/29/2004 20.15
337522 10/29/2004 468.09
337523 10/29/2004 7.21
337524 10/29/2004 111.04
337525 10/29/2004 301.05
337526 10/29/2004 29.00
337527 10/29/2004 2,600.00
337528 10/29/2004 1,350.31
337529 10/29/2004 410.33
337530 10/29/2004 798.48
337531 10/29/2004 148.50
337532 10/29/2004 14.25
337533 10/29/2004 322.55
337534 10/29/2004 544.00
337535 10/29/2004 10,725.26
337536 10/29/2004 610.41
337537 10/29/2004 40.00
337538 10/29/2004 1,031.60
337539 10/29/2004 536.29
337540 10/29/2004 333.80
337541 10/29/2004 61.79
DIVERSIFIED DIEMAKERS, INC.
CASE NO. 04-67612
MONROE
OUTSTANDING CHECKS
CHECK DATE OUTSTANDING
337542 10/29/2004 16,462.57
337543 10/29/2004 1,166.67
337544 10/29/2004 75.00
337545 10/29/2004 3,500.00
337546 10/29/2004 350.00
337547 10/29/2004 8.57
337548 10/29/2004 52.52
337549 10/29/2004 649.88
337550 10/29/2004 115.75
337551 10/29/2004 678.67
337552 10/29/2004 1,470.00
337553 10/29/2004 374.69
337554 10/29/2004 2,581.00
337555 10/29/2004 965.84
337556 10/29/2004 376.25
337557 10/29/2004 82.30
337558 10/29/2004 69.00
337559 10/29/2004 426.88
337560 10/29/2004 401.04
337561 10/29/2004 1,188.78
----------
Outstanding October Checks 219,926.83
==========
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: October 31, 2004
-------------------
The following information is to be provided for each shareholder, officer,
director, manager, insider, or owner that is employed by the debtor in
possession. (Attach additional pages if necessary.)
Diversified Diemakers, Inc.
NAME: Case Number: 04-67612 CAPACITY:
------ Shareholder
Management and other insider compensation are
maintained at Internet Corporation. Please see ------ Officer
Intermet Corporation (Case #04-67597)
for all insider compensation/payments. ------ Director
------ Insider
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
CURRENT COMPENSATION PAID: Weekly or Monthly
--------- -------
CURRENT BENEFITS PAID: Weekly or Monthly
Health Insurance
--------- -------
Life Insurance
--------- -------
Retirement
--------- -------
Company Vehicle
--------- -------
Entertainment
--------- -------
Travel
--------- -------
Other Benefits
--------- -------
Total Benefits
--------- -------
CURRENT OTHER PAYMENTS PAID: Weekly or Monthly
Rent Paid
--------- -------
Loans
--------- -------
Other (Describe)
--------- -------
Other (Describe)
--------- -------
Other (Describe)
--------- -------
Total Other Payments
--------- -------
CURRENT TOTAL OF ALL PAYMENTS: Weekly or Monthly
$ 0
--------- -------
DATED:
-------------------------- -------------------------------
PRINCIPAL, OFFICER, DIRECTOR, OR
INSIDER
Intermet Corporation and Subsidiaries Diversified Diemakers, Inc.
Schedule of In-Force Insurance Case Number: 04-67612
POLICY COVERAGE CARRIER POLICY PERIOD
- ----------------------------- ---------------------------- ----------------------------
Property Lloyds 11/1/04-11/01/05
Boiler/Machine Hartford 11/1/04-11/01/05
Cargo Fireman's Fund 11/1/04-11/01/05
Truck Cargo Fireman's Fund 11/1/04-11/01/05
Aviation USAIG 11/1/04-11/01/05
Fiduciary St. Paul 11/1/04-11/01/05
Primary D&O St. Paul 11/1/04-11/01/05
Excess D&O Chubb 11/1/04-11/01/05
Side A Platte River 11/1/04-11/01/05
Crime Gulf 11/1/04-12/1/04
General Liability Liberty Mutual 11/1/04-12/22/04
Umbrella National Union 11/1/04-12/22/04
Work Comp Liberty Mutual 11/1/04-12/22/04
Excess Work Comp Liberty Mutual 11/1/04-12/22/04
Auto Liberty Mutual 11/1/04-12/22/04
Foreign (DIC) Liberty Mutual 11/1/04-12/22/04
UNITED STATES BANKRUPTCY COURT
FOR THE EASTERN DISTRICT OF MICHIGAN
TRANSMITTAL OF FINANCIAL REPORTS AND
CERTIFICATION OF COMPLIANCE WITH UNITED STATES TRUSTEE
OPERATING REQUIREMENTS FOR
THE PERIOD ENDED: October 31, 2004
------------------
IN RE:
Intermet Corporation, et al
CASE NUMBER: 04-67600
Chapter 11
Ganton Technologies, Inc. Judge: Marci B. McIvor
- ---------------------------------------/
Debtor
As debtor in possession, I affirm:
1. That I have reviewed the financial statements attached hereto, consisting of:
X Operating Statement (Form 2)
---
X Balance Sheet (Form 3)
---
X Summary of Operations (Form 4)
---
X Monthly Cash Statement (Form 5)
---
X Statement of Compensation (Form 6)
---
X Schedule of In-Force Insurance (Form 7)
---
and that they have been prepared in accordance with normal and customary
accounting practices, and fairly and accurately reflect the debtor's financial
activity for the period stated;
2. That the insurance, including workers' compensation and unemployment
insurance, as described in Section 5 of the Operating Instructions
and Reporting Requirements For Chapter 11 Cases is in effect; and,
(If not, attach a written explanation) YES X NO
--- ---
3. That all post-petition taxes as described in Section 9 of the Operating
Instructions and Reporting Requirements For Chapter 11 cases are current.
(If not, attach a written explanation) YES X NO
--- ---
4. No professional fees (attorney, accountant, etc.) have been paid without
specific court authorization.
(If not, attach a written explanation) YES X NO
--- ---
5. All United States Trustee Quarterly fees have been paid and are current.
YES X NO
--- ---
6. Have you filed your pre-petition tax returns.
(If not, attach a written explanation) YES X NO
--- ---
I hereby certify, under penalty of perjury, that the information provided above
and in the attached documents is true and correct to the best of my information
and belief.
/s/ Robert E. Belts
Dated: December 3, 2004 ------------------------------------------------
------------------ Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- -----------------------
Title Phone
Form 1
Intermet Corporation and Subsidiaries
Operating Statement Case #04-6700
For the Month Ended 10-31-04 Ganton Technologies
(000's) --------------------------------------------
------------------ ---------------------
Current Month Total Since Filing
------------------ ---------------------
Net Sales $7,834 $7,834
Cost of Goods Sold
Materials and Freight 1,785 1,785
Wages - Hourly 1,840 1,840
Wages-Salary 589 589
Employee Benefits and Pension 1,194 1,194
Repairs & Maintenance 220 220
Supplies 281 281
Utilities 347 347
Purchased Components/Services 967 967
Income(loss) from Pattern Sales (90) (90)
Fixed Asset - (gain/loss) 0 0
MIS Expense 12 12
Travel & Entertainment 18 18
Other Variable Costs 151 151
Depreciation & Amortization 457 457
Other Allocated Fixed Costs 0 0
Other Fixed Costs 205 205
------------------ ---------------------
Cost of Goods Sold 7,976 7,976
Gross Profit (142) (142)
Plant SG&A Expense 21 21
SG&A Expense - Allocation (Sched 1) 156 156
Other Operating Expenses 11 11
------------------ ---------------------
Total Operating Expenses 188 188
------------------ ---------------------
Operating Profit (330) (330)
Outside Interest Income 0 0
Outside Interest (Expense) 0 0
Intercompany Interest Income 0 0
Intercompany Interest (Expense) (80) (80)
Charges (From) Affiliates 0 0
Charges To Affiliates 0 0
Income From European Subsidiary 0 0
Other Income/(Expense) 0 0
------------------ ---------------------
Total Non-Operating Expenses (80) (80)
Income Before Income Taxes (410) (410)
Income Tax Expense 13 13
------------------ ---------------------
Net Income ($423) ($423)
================== =====================
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs (October)
(Allocation of Corporate Costs to Filing Entities)
October
----------
Officer Compensation $ 196,042
Salary Expense other Employees 802,961
Employee Benefits and Pension 133,527
Payroll Taxes 43,948
Other Taxes 6,922.86
Rent and Lease Expense 180,971
Interest Expense
Insurance 69,363
Automobile and Truck Expense 2,695
Utilities(Gas Electric,Phone) 47,700
Depreciation 89,205
Travel and Entertainment 70,376
Repairs and Maintenance 53,523
Advertising/Promotion 0
Supplies, Office Expense 24,275
OTHER:
Contributions 0
Professional Fees - Audit/Tax 131,192
Bank Fees 17,576
Public Reporting Fees 16,000
Employee Relocation/Training 2,850
Data Processing 28,029
Dues and Subscriptions 7,328
Outside Services 311,339
Project Development Costs net of Billings 56,285
Director Fees (144,667)
Miscellaneous (158,119)
Professional Fees - Bankruptcy 2,643,198
Cost Allocation - Out (227,787)
----------
$4,404,731
==========
Allocation:
Wagner Castings $ 177,312
Northern Castings 46,825
Ironton Iron 0
Lynchburg Foundry 179,333
Columbus Foundry 290,418
Wagner Havana 0
Intermet U.S. Holdings 240,779
Cast-Matic Corp. 76,250
Diversified Diemakers 239,650
Ganton Technologies 155,833
Tool Products 127,416
Intermet Corporation 2,870,915
----------
Total $4,404,731
==========
Intermet Corporation and Subsidiaries
Balance Sheet As Of 10-31-04
(000's)
Case #04-67612
Ganton Technologies
-------------------
-------------------
Cash And Equivalents $132
Accounts Receivable 11,824
Short-Term Intercompany Receivables 80
Inventories 7,368
Other Current Assets 509
-------------------
TOTAL CURRENT ASSETS 19,913
Land and Buildings 12,041
Machinery & Equipment 37,905
Construction In Progress 4,983
-------------------
Total Fixed Assets 54,930
Accumulated Depreciation (27,613)
-------------------
NET FIXED ASSETS 27,318
Investment In Subsidiaries 0
Investment In European Operations 0
Long-Term Intercompany Receivables 7,445
Deferred Taxes, Long-Term Asset 0
Other Assets 52
-------------------
TOTAL ASSETS $54,728
===================
LIABILITIES AND SHAREHOLDER EQUITY
POST PETITION LIABILITIES
Accounts Payable $1,600
Wages and Salaries (See schedule) 570
Taxes Payable - (See schedule) 370
-------------------
TOTAL POST PETITION LIABILITIES 2,540
SECURED LIABILITIES:
SECURED LIABILITIES - BANK DEBT 0
PRE-PETITION LIABILITIES:
TAXES AND OTHER PRIORITY LIABILITIES:
Accrued Income Taxes 0
Accrued Tax - State 13
Accrued Property Taxes 119
Accrued Workers Comp. 1,148
Accrued Payroll 0
Accrued Payroll Taxes 0
-------------------
TOTAL TAXES AND OTHER PRIORITY LIABILITIES 1,280
UNSECURED LIABILITIES
Accounts Payable 9,771
IDR Bonds 0
-------------------
TOTAL UNSECURED LIABILITIES 9,771
OTHER LIABILITIES
Accrued Liabilities 5,036
Total Intercompany Payables 1,553
Notes Payable, Short Term 0
Capital Leases 0
Retirement Benefits (449)
Deferred Taxes - Long-Term Liability 0
Other Long-Term Liabilities 0
-------------------
TOTAL LIABILITIES 19,730
Common Stock 0
Capital In Excess Of Par Value 160,000
Retained Earnings - Pre-Petition (124,579)
Retained Earnings - Post- Petition (423)
Equity in European Operations 0
Accumulated Translation Adjustment 0
Minimum Pension Liability Adjustment 0
Unearned Restricted Stock 0
-------------------
TOTAL SHAREHOLDERS' EQUITY 34,998
-------------------
TOTAL LIABILITIES AND EQUITY $54,728
===================
PERIOD ENDED: 10-31-04 GANTON TECHNOLOGIES (RACINE) CASE #04-67600
-------------------------
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
9/30/2004 Withheld Deposits 10/31/2004
-----------------------------------------------------------------------------------------
Income tax withheld: Federal $0 ($170,899) $170,899 $0
Income tax withheld: State 0 (83,610) 83,610 0
Income tax withheld: Local 0 0 0 0
FICA Withheld 0 (119,035) 119,035 0
Employers FICA 0 (119,035) 119,035 0
Unemployment Tax: Federal 0 (11) 11 0
Unemployment Tax: State 0 (978) 978 0
All Other Payroll W/H 0 0 0 0
State Taxes: Inc./Sales/Use/Excise 0 (7,331) 0 (7,331)
Property Taxes 0 (12,501) 0 (12,501)
Workers Compensation 0 (306,729) 0 (306,729)
-----------------------------------------------------------------------------------------
Total $0 ($820,130) $493,568 ($326,562)
Wages and Salaries (81,204) (438,283) 0 (519,487)
-----------------------------------------------------------------------------------------
Grand Total ($81,204) ($1,258,413) $493,568 ($846,048)
=========================================================================================
Aging of Accounts Receivable
and Post Petition Accounts Payable
Age in Days (Post Petiition) 0-30 Days 30-60 Days Over 60 Days
Accounts Payable $1,111,737 $0 $0
Accounts Receivable (See attached schedule)
ACCOUNTS RECEIVABLE AGING
10/31/04
(000'S)
PAST DUE BALANCES
TOTAL CURRENT 1-30 31-60 61-90 OVER 90
------ ------ ------ ------ ------ --------
DOMESTIC FERROUS:
- Archer Creek 7,100 6,700 400 -- -- --
- Radford 100 -- -- -- -- 100
------ ------ ------ ------ ------ ------
Lynchburg Foundry, Inc. 7,200 6,700 400 -- -- 100
Columbus Foundry, LP. 25,800 22,700 2,400 400 -- 300
- Columbus Machining 500 300 200 -- -- --
- New River 11,700 6,400 4,700 400 100 100
------ ------ ------ ------ ------ ------
Intermet U.S. Holding, Inc. 12,200 6,700 4,900 400 100 100
Wagner Castings Co. 8,743 7,086 700 300 157 500
Wagner Havana, Inc. -- -- -- -- -- --
Northern Castings Corp. 1,542 1,042 400 -- 100 --
LIGHT METALS:
- Jackson 3,184 2,300 400 200 100 184
- Minneapolis 7,200 5,000 1,500 200 100 400
------ ------ ------ ------ ------ ------
Tool Products, Inc. 10,384 7,300 1,900 400 200 584
Diversified Diemakers, Inc. 13,800 9,500 2,000 400 100 1,800
- PULASKI 3,700 2,400 400 600 200 100
- RACINE PLANTS 8,700 7,200 500 100 100 800
------ ------ ------ ------ ------ ------
Ganton Technologies, Inc. 12,400 9,600 900 700 300 900
Castmatic Corporation 5,000 4,600 400 -- -- --
PERIOD ENDED: 10-31-04 GANTON TECHNOLOGIES (PULASKI) CASE #04-67600
--------------------------
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
9/30/2004 Withheld Deposits 10/31/2004
---------------------------------------------------------------------------
Income tax withheld: Federal ($1,347) ($54,726) $48,399 ($7,674)
Income tax withheld: State 0 (367) 367 0
Income tax withheld: Local 0 0 0 0
FICA Withheld (932) (36,709) 32,223 (5,418)
Employers FICA (932) (36,709) 32,223 (5,418)
Unemployment Tax: Federal (17) (498) 437 (79)
Unemployment Tax: State (141) (4,009) 3,526 (625)
All Other Payroll W/H 0 0 0 0
State Taxes: Inc./Sales/Use/Excise 0 (6,000) 0 (6,000)
Property Taxes (351) (8,115) 0 (8,466)
Workers Compensation 0 (9,833) 0 (9,833)
---------------------------------------------------------------------------
Total ($3,720) ($156,966) $117,175 ($43,512)
Wages and Salaries (46,135) (50,533) 46,135 (50,533)
---------------------------------------------------------------------------
Grand Total ($49,855) ($207,499) $163,310 ($94,045)
===========================================================================
Aging of Accounts Receivable
and Post Petition Accounts Payable
Age in Days (Post Petiition) 0-30 Days 30-60 Days Over 60 Days
Accounts Payable $487,767 $0 $0
Accounts Receivable (See attached schedule)
ACCOUNTS RECEIVABLE AGING
10/31/04
(000'S)
PAST DUE BALANCES
TOTAL CURRENT 1-30 31-60 61-90 OVER 90
------ ------ ------ ------ ------ --------
DOMESTIC FERROUS:
- Archer Creek 7,100 6,700 400 -- -- --
- Radford 100 -- -- -- -- 100
------ ------ ------ ------ ------ ------
Lynchburg Foundry, Inc. 7,200 6,700 400 -- -- 100
Columbus Foundry, LP. 25,800 22,700 2,400 400 -- 300
- Columbus Machining 500 300 200 -- -- --
- New River 11,700 6,400 4,700 400 100 100
------ ------ ------ ------ ------ ------
Intermet U.S. Holding, Inc. 12,200 6,700 4,900 400 100 100
Wagner Castings Co. 8,743 7,086 700 300 157 500
Wagner Havana, Inc. -- -- -- -- -- --
Northern Castings Corp. 1,542 1,042 400 -- 100 --
LIGHT METALS:
- Jackson 3,184 2,300 400 200 100 184
- Minneapolis 7,200 5,000 1,500 200 100 400
------ ------ ------ ------ ------ ------
Tool Products, Inc. 10,384 7,300 1,900 400 200 584
Diversified Diemakers, Inc. 13,800 9,500 2,000 400 100 1,800
- PULASKI 3,700 2,400 400 600 200 100
- RACINE PLANTS 8,700 7,200 500 100 100 800
------ ------ ------ ------ ------ ------
Ganton Technologies, Inc. 12,400 9,600 900 700 300 900
Castmatic Corporation 5,000 4,600 400 -- -- --
\
INTERMET CORPORATION AND SUBSIDIARIES PERIOD ENDED 10/31/2004
MONTHLY CASH STATEMENT
CASH ACTIVITY ANALYSIS:
CASE # 04-67612
GANTON TECHNOLOGIES (RACINE)
-----------------------------------------------------------------------------------------------
ACCOUNT TYPE LOCKBOX 673025 DEPOSIT AP PR (HOURLY) PR (SALARY) GROUP HEALTH TOTAL
ACCOUNT # 1851812055 5800062522 2176982961 2176983118 2176982839 2176982862
BANK Comerica Lasalle Comerica Comerica Comerica Comerica
BEGINNING BANK BALANCE - - - - - - -
RECEIPTS 5,114,591 1,561,212 - 7,233 - - 6,683,035
TRANSFERS IN (CORPORATE) - - 775,193 1,528,581 277,494 6,865 2,588,133
DIP INFLOW - - - - - - -
DISBURSEMENTS - (546) (775,193) (1,535,815) (277,494) (6,865) (2,595,912)
TRANSFERS OUT (CORPORATE) (5,114,591) (1,560,666) - - - - (6,675,256)
----------------------------------------------------------------------------------------------
ENDING BANK BALANCE - - - - - - -
WIRES PAID FOR BY CORPORATE 2,450,595 94,025 2,400,150
CHECKS ISSUED 1,043,097
TOTAL DISBURSEMENTS (SEE TOTAL
---------
DISBURSEMENTS RECONCILIATION) 3,493,692
=========
CHECKS ISSUED 1,043,097
CHECK CLEARED (775,193)
---------
OUTSTANDING CHECKS (SEE
OUTSTANDING CHECKLIST) 267,904
=========
GANTON TECHNOLOGIES, INC. (RACINE) CASE NO. 04-67600
CASH DISBURSEMENTS
OCTOBER 2004
TOTAL CASH
VENDOR # VENDOR NAME WIRES CHECKS DISBURSEMENTS
10205 A & A MANUFACTURING 7,665 7,665
10325 ACCOUNTEMPS 61,549 61,549
61557 ACOM SOLUTIONS INC. 2,244 2,244
10382 ACS 25 25
10055 ADA METAL PRODUCTS 2,852 2,852
151245 ADECCO 5,435 5,435
10415 ADT SECURITY SYSTEMS 930 930
10425 ADVANCED WASTE SERVI 2,248 2,248
310205 AL PETERSEN 75 75
11211 ALAARK ROBOTICS INC 600 600
11225 ALL FASTENERS, INC. 1,147 1,147
11230 ALL TOOL SALES INC. 73 73
310580 ALLAN COTTINGIM 100 100
11307 AMERICAN CA$H-2-GO 389 389
11372 AMERICAN ENTERPRISE 5,492 5,492
11308 AMERICAN GENERAL FIN 268 268
11383 AMERICAN INDUSTRIAL 18,088 18,088
11373 AMERICREDIT FINANCIA 400 400
11382 AMERIGAS - FRANKSVIL 1,915 1,915
11409 ANDERSON PUMP & PROC 188 188
11320 APPLIED INDUSTRIAL T 148 148
160122 ARCH WIRELESS 66 66
12159 AURORA MEDICAL GROUP 96 96
12182 AUTOMATIC DATA PROCE 15,986 15,986
12185 AUTOMATION SOLUTIONS 2,933 2,933
20114 BADGER METAL TECH IN 449 449
20531 BELLE CITY FIRE 45 45
310409 BEN LOCKMAN 1,019 1,019
20199 BEST ENGINEERING CO. 14,225 14,225
130585 BODYCOTE THERMAL 1,030 1,030
21553 BOSTON MUTUAL LIFE 8,618 8,618
21560 BOULEVARD PROPERTIES LLC 821 821
21815 BROWN AND SHARPE 1,280 1,280
21880 BRUCE COMPANY 2,756 2,756
22144 BRUNER LAW OFFICES 23 23
22130 BUELL AUTOMATICS INC 3,520 3,520
22134 BUHLER INC. 192 192
20955 BULK LIFT INTERNATIONAL 562 562
30310 C & C ENTERPRISES, I 5,507 5,507
30593 CDW SELECT INC 181 181
30815 CFS TAX SOFTWARE INC. 94 94
101572 CHAPTER 13 TRUSTEE 4,745 4,745
310612 CHARLOTTE PETERS 48 48
30835 CHEMENCE INC. 198 198
30843 CHEMTOOL INCORPORATE 21,722 21,722
310014 CHRIS MINIKEL 1,181 1,181
310649 CHRISTOPHER REED 49 49
30888 CINCINNATI TEST 3,055 3,055
30904 CITI FINANCIAL 260 260
31229 CLINE TOOL & SERVICE CO 921 921
51941 COMTECH MFG./ESTON M 1,048 1,048
31614 CONCENTRA MEDICAL CENTERS 81 81
31555 CO-OPERATIVE CREDIT 56,911 17,746 74,656
31626 CORPORATE EXPRESS 409 409
31803 CRD ENTERPRISES 328 328
31840 CREATIVE FOAM CORPOR 1,276 1,276
31902 CREST PRODUCTS INC. 12,843 12,843
310710 CURT PAPE 253 253
32180 CUSTOM MOLD ENG. CO. 85 85
161233 DANA CORPORATION 383,187 383,187
310660 DARREN RUGH 51 51
310683 DEB JOHNSON 525 525
40564 DENTALBLUE 6,268 6,268
40581 DEPARTMENT OF CORRECTIONS 150 150
40561 DEPT OF CORRECTIONS 250 250
40576 DETROIT COIL COMPANY 121 121
40957 DIRECT DENTAL SERVIC 68,167 68,167
GANTON TECHNOLOGIES, INC. (RACINE) CASE NO. 04-67600
CASH DISBURSEMENTS
OCTOBER 2004
TOTAL CASH
VENDOR # VENDOR NAME WIRES CHECKS DISBURSEMENTS
40962 DIVERSIFIED TOOLING 1,588 1,588
310680 DON MITCHELTREE 44 44
310641 DONNA GERARDIN 65 65
42165 DWD-UI COLLECTION SE 116 116
50161 EAST RACINE PETROLEUM 3,800 3,800
50310 EASTERDAY OFFICE 1,594 1,594
51215 ELCO SINTERED ALLOYS 2,589 2,589
51218 ELCO TEXTRON INC 4,655 4,655
51440 ENGMAN-TAYLOR CO. 148 148
52426 EXECUTIVE CONSULTING 5,980 5,980
52471 EYE CARE OF WISCONSI 1,783 1,783
190589 FELIZ SERVANTEZ 60 60
61547 FORD CREDIT 957 957
61561 FORD TOOL & GAGE 331 331
61554 FOREST CITY TECHNOLO 830 830
61580 FOX VALLEY FITTINGS AND 642 642
310461 FRED SANDERS 1,935 1,935
141500 FREUDENBERG-NOK 43,521 43,521
70500 G.E. CAPITAL CORPORA 63,515 63,515
191325 G.W. SMITH & SONS, I 57,864 57,864
70176 GARDTEC INC. 2,395 2,395
70556 GENERAL INDUSTRIAL S 1,523 1,523
70570 GENESIS CONSULTANTS,INC 50 50
70590 GESSWEIN 690 690
310541 GLENN SCHULTZ 126 126
71569 GORDON FLESCH CO., I 2,584 2,584
71831 GREAT LAKES RUBBER AND 590 590
71901 GROUP ADMINISTRATORS 635 635
82520 H.F.I. FLUID POWER 262 262
80133 HALLMAN LINDSAY QUAL 53 53
80919 HIGH RELIABILITY SYS 68 68
80952 HILDRETH MANUFACTURI 18,543 18,543
82522 HYDRAULIC SERVICE OF 3,350 3,350
90410 IDEALEASE OF SOUTHEA 1,700 1,700
50615 IFM EFECTOR INC. 29 29
91254 IGC TECHNOLOGIES 429 429
91261 IMCO RECYCLING 1,639,758 1,639,758
91355 IMPREX, INC. 6,380 6,380
91420 INDUSTRIAL ASSOCIATE 4,621 4,621
91449 INGERSOLL MACHINE TO 25,193 25,193
91463 INTEGRATED LOGISTICS 3,803 3,803
91485 INTERNAL REVENUE SER 150 150
92011 ITALPRESSE OF AMERIC 599 599
101901 J & S CHEMICAL CORP 813 813
160523 JACOBSON MFG. LLC 3,551 3,551
100107 JACOBUS ENERGY 549 549
100530 JEFFERSON PILOT FINA 140 140
100532 JEFFERSON PILOT FINA 3,359 3,359
310435 JEFFREY STROPES 89 89
310009 JENNIFER SCHENNING 1,769 1,769
310021 JERRY GUMM 153 153
310527 JOE COCKING 166 166
310511 JOHN NELSON 280 280
310587 JON GOODLAND 188 188
301602 KEVIN KOLECHECK 162 162
110586 KEYENCE CORP.OF AMER 299 299
110929 KMC STAMPINGS 4,905 4,905
30915 KRISTIANSEN ENTERPRI 2,739 2,739
112200 KWIK TRIP INC 276 276
121850 L & S ELECTRIC INC 9 9
120948 L I N A 6 6
120115 LAB SAFETY SUPPLY 1,100 1,100
120104 LaFRANCE 95 95
310586 LARRY NEAL 421 421
310522 LEE MCGEE 77 77
110910 LIBRA INDUSTRIES, IN 2,784 2,784
120944 LIN ROE SERVICES INC 42 42
130114 M&I TRUST 56,499 56,499
GANTON TECHNOLOGIES, INC. (RACINE) CASE NO. 04-67600
CASH DISBURSEMENTS
OCTOBER 2004
TOTAL CASH
VENDOR # VENDOR NAME WIRES CHECKS DISBURSEMENTS
130117 MACHINERY & FACTORY 798 798
310475 MARK KRIEGER 39 39
310699 MARK STEVENS 359 359
130160 MARSHALL & ILSLEY TRUST 356 356
160585 MARTIN PETERSEN CO. 4,100 4,100
310304 MARY JANE HANSEN 40 40
141599 MCJUNKIN CORPORATION 863 863
130300 MCMASTER-CARR SUPPLY 321 321
310493 MELISSA PATRENETS 23 23
32140 MEREDITH'S CULLIGAN 142 142
130575 MERWIN STOLTZ CO 27,587 27,587
130584 METAL FINISHING SUPPLY CO 157 157
130586 METAL WORLD, INC. 201 201
310353 MICHAEL ANDERSON 254 254
130905 MIDWEST FILTER 151 151
310647 MIGUEL MEDINA 6,963 6,963
130986 MILLER COMPRESSING CO 8 8
131524 MINIATURE PRECISION 17,748 17,748
61817 MISDU 325 325
130982 MISSISSIPPI DEPT. OF 207 207
131535 MOLD SUPPLIES INC 415 415
131534 MOLTEN METAL EQUIPME 6,301 6,301
230960 MOTION INDUSTRIES, I 10,233 10,233
131900 MSC INDUSTRIAL SUPPL 6,741 6,741 13,482
140100 NAPA AUTOMOTIVE PART 383 383
140171 NASSCO INC. 2,460 2,460
140535 NELSON ELECTRIC SUPP 1,111 1,111
310523 NOEL SCHROTENBOER 1,481 1,481
150518 OFSI 956 956
150831 OHIO SCREW PRODUCTS 562 13,864 14,426
10409 OMNISOURCE 4,050 4,050
160155 PARKER HANNIFIN CORP 9,600 9,600
310216 PAT MOORE 653 653
160518 PENSKE TRUCK LEASING 665 665
310395 PETE BOJKO 305 305
160955 PIPER PLASTICS INC. 385 385
161548 PONY EXPRESS 350 350
20545 PRAXAIR DISTRIBUTION 1,248 1,248
162156 PUMPING SOLUTIONS 1,135 1,135
130110 PUTNAM INVESTMENTS- 17,908 17,908
171904 QSR GROUP INC. 14,449 14,449
172015 QUADRA 67,250 67,250
180129 RACINE WATER AND 246 246
310430 RAMON AYALA DELGADO 260 260
180166 RAUSCH STURM ISRAEL 227 227
180560 RES MANUFACTURING 77,406 77,406
310403 RICHARD STEVENS 64 64
310692 RICK SLAFTER 50 50
180980 RITTER ENGINEERING C 197 197
181550 RMS QUALITY SERVICES 3,250 3,250
181546 ROCKFORD WELDING SUP 979 979
310463 RON BAUS 2,608 2,608
181579 ROTOR CLIP COMPANY, INC. 315 315
190118 SBS 485 485
190554 SENTINAL TECHNOLOGIE 757 757
190552 SENTINEL FLUID CONTR 1,766 1,766
191535 SNYDER PLASTICS INC. 491 491
191519 SODERBERG OPTICAL 347 347
191627 SPRING ENGINEERING A 762 762
GANTON TECHNOLOGIES, INC. (RACINE) CASE NO. 04-67600
CASH DISBURSEMENTS
OCTOBER 2004
TOTAL CASH
VENDOR # VENDOR NAME WIRES CHECKS DISBURSEMENTS
160133 SSA GLOBAL 48,598 48,598
310217 STEVE MUTCHIE 45 45
192139 SUMITOMO ELECTRIC CA 12,024 12,024
192158 SUPERIOR DIE SET COR 959 959
310525 TAMMY HAERTLE 23 23
200406 TDL ELECTRONICS 650 650
71222 THE GLENNON GROUP 854 854
231545 THE WORLD CLASS MFG 10,483 10,483
200868 THOMAS SUPPLY COMPAN 53 53
310442 TOM HOLZER 300 300
201560 TOOL SERVICE CORPORA 4,080 4,080
201572 TOPPER INDUSTRIAL 4,280 4,280
101500 TOWNSEND CONSULTING 250 250
201812 TRANSDUCER TECHNIQUES 485 485
201833 TRANS-MAN LOGISTICS 65,253 65,253
201839 TRELLEBORG AUTOMOTIV 4,359 144,900 149,259
202150 TWIN CITY OPTICAL 188 188
211908 U.S. CELLULAR 4,803 4,803
210105 UAW LOCAL 627 33,433 33,433
210106 UAW V-CAP 141 141
211251 ULINE 1,173 1,173
211475 UNITED LEASING ASSOC 328 328
211455 UNITED PARCEL SERVIC 67 67
211903 US DEPT OF EDUCATION 870 870
161837 USON LP 929 929
141608 VERSA IRON & MACHINE 420 420
220970 VISION CLINIC 32 32
71810 W.W. GRAINGER INC. 1,794 1,794
230161 WASTE MANAGEMENT 25 25
230954 WE ENERGIES 7,640 7,640
230841 WI SCTF 1,151 1,151
180117 WI SCTF 72,745 (18,145) 54,600
230976 WISC. LIFTING SPECIA 56 56
230999 WISCONSIN DEPT OF REVENUE 399 399
230943 WISCONSIN DEPT OF REVENUE 613 613
230974 WISCONSIN LIFT TRUCK 6,292 6,292
231529 WOLTER INVESTMENT CO 7,435 7,435
240510 YASKAWA ELECTRIC 603 603
260520 ZEE MEDICAL, INC. 253 253
Transman Ocotber Allocation 13,625 13,625
----------- ----------- -----------
TOTALS $ 1,075,220 $ 2,418,471 $ 3,493,692
GANTON TECHNOLOGIES, INC.
CASE NO. 04-67600
RACINE - OCTOBER BANK RECONCILIATION
Bank Balance -
Actual Outstanding Checks (267,904.05)
-----------
Book Balance (267,904.05)
===========
Difference
GANTON TECHNOLOGIES, INC.
CASE NO. 04-67600
RACINE
OUTSTANDING CHECKS
CHECK DATE ISSUED AMOUNT
40129 10/11/2004 812.50
40188 10/15/2004 9.00
40199 10/15/2004 491.40
40207 10/15/2004 91.51
40214 10/18/2004 791.50
40230 10/18/2004 350.00
40231 10/18/2004 1,135.12
40244 10/20/2004 9,082.73
40249 10/20/2004 1,838.16
40262 10/20/2004 845.85
40265 10/20/2004 299.00
40268 10/20/2004 791.95
40269 10/20/2004 41.86
40271 10/20/2004 415.44
40274 10/20/2004 928.78
40275 10/20/2004 485.00
40276 10/20/2004 62.00
40282 10/20/2004 1,332.34
40283 10/20/2004 3,088.43
40289 10/21/2004 148.21
40294 10/21/2004 562.00
40297 10/21/2004 198.28
40298 10/21/2004 913.00
40303 10/21/2004 50.00
40310 10/21/2004 1,086.29
40315 10/21/2004 25.00
40316 10/21/2004 250.00
40318 10/21/2004 802.34
40322 10/21/2004 151.35
40323 10/21/2004 26.07
40325 10/21/2004 1,013.99
40330 10/21/2004 4,100.00
40331 10/21/2004 699.00
40340 10/21/2004 400.00
40343 10/21/2004 1,742.12
40346 10/21/2004 89.79
40349 10/21/2004 35.00
40351 10/21/2004 121.00
40355 10/21/2004 109.80
40357 10/21/2004 45.00
40359 10/21/2004 43.50
40362 10/26/2004 600.00
40363 10/26/2004 279.45
40364 10/26/2004 40.00
40365 10/26/2004 113.00
40366 10/26/2004 454.60
40367 10/26/2004 1,423.68
40368 10/26/2004 13,045.80
40369 10/26/2004 2,198.10
40370 10/26/2004 1,275.68
40371 10/26/2004 84.50
40372 10/26/2004 1,258.00
40373 10/26/2004 2,395.00
40374 10/26/2004 690.00
40375 10/26/2004 335.18
40377 10/26/2004 2,374.85
40378 10/26/2004 152.50
40379 10/26/2004 745.91
40380 10/26/2004 1,785.98
40381 10/26/2004 757.56
40382 10/26/2004 21.92
40384 10/26/2004 1,234.37
40385 10/26/2004 361.30
GANTON TECHNOLOGIES, INC.
CASE NO. 04-67600
RACINE
OUTSTANDING CHECKS
CHECK DATE ISSUED AMOUNT
40387 10/26/2004 397.50
40389 10/26/2004 1,596.97
40390 10/26/2004 613.15
40391 10/26/2004 5,539.97
40392 10/26/2004 250.00
40394 10/28/2004 8,848.75
40395 10/28/2004 1,570.00
40397 10/28/2004 89.24
40398 10/28/2004 100.00
40399 10/28/2004 2,195.26
40400 10/28/2004 1,950.63
40401 10/28/2004 23.10
40402 10/28/2004 2,608.44
40403 10/28/2004 65.00
40404 10/28/2004 16,459.85
40405 10/28/2004 62.00
40406 10/28/2004 200.00
40407 10/28/2004 150.00
40408 10/28/2004 23.10
40409 10/28/2004 1,593.95
40410 10/28/2004 148.40
40411 10/28/2004 758.35
40412 10/28/2004 781.20
40413 10/28/2004 65.00
40414 10/28/2004 50.00
40415 10/28/2004 498.18
40416 10/28/2004 1,580.00
40417 10/28/2004 50.00
40418 10/28/2004 598.59
40419 10/28/2004 1,045.00
40420 10/28/2004 9,538.63
40421 10/28/2004 9,494.89
40422 10/28/2004 355.59
40423 10/28/2004 2,176.84
40424 10/28/2004 89.07
40425 10/28/2004 287.36
40426 10/28/2004 36.28
40427 10/28/2004 66.38
40428 10/28/2004 280.95
40429 10/28/2004 8,467.23
40430 10/28/2004 40.00
40431 10/28/2004 3,534.99
40432 10/28/2004 16,125.56
40433 10/28/2004 332.53
40434 10/28/2004 16.00
GANTON TECHNOLOGIES, INC.
CASE NO. 04-67600
RACINE
OUTSTANDING CHECKS
CHECK DATE ISSUED AMOUNT
40435 10/28/2004 1,150.84
40436 10/28/2004 119.13
40437 10/28/2004 49.28
40438 10/28/2004 162.34
40439 10/28/2004 140.90
40440 10/28/2004 39.20
40441 10/28/2004 23.13
40442 10/28/2004 147.15
40443 10/28/2004 47.82
40444 10/28/2004 65.13
40445 10/28/2004 1,153.84
40446 10/28/2004 50.63
40447 10/28/2004 50.00
40449 10/29/2004 1,864.12
40450 10/29/2004 2,755.60
40451 10/29/2004 143.87
40452 10/29/2004 684.69
40453 10/29/2004 1,047.60
40454 10/29/2004 330.95
40455 10/29/2004 63,515.00
40456 10/29/2004 113.40
40457 10/29/2004 300.00
40458 10/29/2004 68.32
40459 10/29/2004 136.34
40460 10/29/2004 30.18
40461 10/29/2004 8.00
40462 10/29/2004 420.00
40463 10/29/2004 384.70
40464 10/29/2004 20,000.00
40465 10/29/2004 3,250.00
40466 10/29/2004 378.52
40467 10/29/2004 425.00
40468 10/29/2004 962.75
----------
October outstanding checks 267,904.05
==========
INTERMET CORPORATION AND SUBSIDIARIES PERIOD ENDED 10/31/2004
MONTHLY CASH STATEMENT
CASH ACTIVITY ANALYSIS:
CASE # 04-67612
GANTON TECHNOLOGIES (PULASKI)
-------------------------------------------------------------------------------
ACCOUNT TYPE LOCKBOX 673017 LOCKBOX 77165 AP PR TOTAL
ACCOUNT # 1851811388 644113482 2176982953 2176983100
BANK Comerica Bank One Comerica Comerica
BEGINNING BANK BALANCE - - - - -
RECEIPTS 98,357 64,751 - 326 163,434
TRANSFERS IN (CORPORATE) - - 235,833 460,446 696,280
DIP INFLOW - - - - -
DISBURSEMENTS - - (235,179) (460,446) (695,625)
TRANSFERS OUT (CORPORATE) (98,357) (64,751) (655) (326) (164,089)
-------------------------------------------------------------------------------
ENDING BANK BALANCE - - - - -
WIRES PAID FOR BY CORPORATE 797,424 797,424
CHECKS ISSUED 363,729
---------
TOTAL DISBURSEMENTS (SEE TOTAL
DISBURSEMENTS RECONCILIATION) 1,161,154
=========
CHECKS ISSUED 363,729
CHECK CLEARED (235,179)
---------
OUTSTANDING CHECKS (SEE
OUTSTANDING CHECKLIST) 128,551
=========
GANTON TECHNOLOGIES, INC. (PULASKI) CASE NO. 04-67600
CASH DISBURSEMENTS
OCTOBER 2004
VEND# NAME WIRES CHECKS TOTAL DISBURSEMENTS
- -------------------------------------------------------------------------------------------------------------
10206 ATF, INC. -
10213 ABERNATHY HARDWARE
10217 ABBOTT BALL COMPANY -
10267 AH ASSOCIATES 1,200 1,200
10324 DIVERSIFIED PRINTING -
10482 ADVANCE PRODUCTS -
10906 AIR DRAULICS ENGINEE -
10921 BOC GASES -
10923 AIRGAS SOUTH (BOC GA 2,794 2,794
11198 IMCO RECYCLING 663,323 663,323
11202 AL CAST COMPANY 86,067 86,067
11234 ALLIED SUPPLY CO., I -
11252 ALTERNATIVE STAFFING -
11282 ALUMINUM RESOURCES I -
11303 AMERICAN CHEMICAL 16,789 16,789
11315 AMCOR -
11407 ANIXTER PENTACON, IN -
11705 ARCH WIRELESS -
11980 ASSOCIATED BAG COMPANY -
12030 ATCO INDUSTRIES, INC 9,996 9,996
12180 AUTOMATIC DATA PROCE 4,776 4,776
12236 AVAS -
20110 BADGER COATINGS INC -
20114 BADGER METAL TECH IN -
20122 BAGWELL OFF.SYSTEMS, -
20142 BAILEY COMPANY -
20158 BANK OF FRANKEWING 870 870
20312 B & C INSTRUMENTS -
20503 BECK ALUMINUM CORPOR -
20529 BELLSOUTH 1,087 1,087
20582 BETZ DEARBORN -
20610 BG & R COMPANY -
20611 BROWNING-FERRIS IND -
20957 BIRMINGHAM TOLEDO, I -
21535 OFFICE MAX-A BOISE C -
21553 BOSTON MUTUAL LIFE 2,494 2,494
21580 TAMMY KAY BOWEN 556 556
21870 BROWN & SHARPE MFG. CO. -
21896 BSL TELEPHONY SERVS. -
22134 BUHLER INC. 6,755 6,755
30007 C & H TOOL & SUPPLY 1,661 1,661
30158 CARDINAL METALS INC. -
30169 CASTOOL 526 526
30184 CARR LANE MANUFACTUR -
30187 CATERPILLAR FINANCIAL 659 659
30523 CENTRAL CHILD SUPPOR 5,415 5,415
30524 CENTRO -
30831 CHEM STATION -
30838 CHEM-STATION -
30843 CHEMTOOL INCORPORATED -
GANTON TECHNOLOGIES, INC. (PULASKI) CASE NO. 04-67600
CASH DISBURSEMENTS
OCTOBER 2004
VEND# NAME WIRES CHECKS TOTAL DISBURSEMENTS
- -------------------------------------------------------------------------------------------------------------
30862 CHILES OIL INC. 905 905
30893 CHURCH AUTO PARTS CO -
30896 CINCINNATI DYNACOMP -
30921 CINTAS CORPORATION 5,503 5,503
31208 CLARK ASSOCIATES -
31302 CLIFTON AUTOMATIC, INC. -
31523 COLE-PARMER INSTRUMENT CO -
31525 CMM CALIBRATION AND -
31527 COMFORT INN OF PULAS -
31605 COLUMBIA MACHINE WOR -
31608 EXPEDITED DELIVERING -
31617 CONTACTS METALS WELD -
31810 CRANE PRO SERVICES -
31859 CROSS CHEMICAL CO., -
40153 DANIEL ETHRIDGE 263 263
40194 CINDY WATSON 275 275
40200 GLOBAL DOCUGRAPHIX 624 624
40404 R.O. DEADERICK CO, I -
40547 TENN.VALLEY RECYCLING LLC -
40557 DELL MARKING SYSTEMS 684 684
40585 DEVCO CORPORATION -
40927 DICKEYS FLOWERS & NU 110 110
40940 DIE-TECH WIRE TOOL I -
40974 DIXIE COMPRESSOR & P -
41300 D.M.E. COMPANY 310 310
41513 DONALDSON COMPANY, I 472 472
41831 DRILLMASTER TOOL -
50442 EDUCATION DIRECT -
50453 EDWARDS XPRESS INC. 2,894 2,894
50620 EEP GROUP 4,092 4,092
51246 ELLIOTT HY-TEST -
51310 EMED COMPANY INC -
51329 EMPIRE CNC SERVICES 30,259 30,259
51565 EPCO PRODUCTS, INC. -
52052 EVERS CONSTRUCTION CO.INC -
60145 FANUC AMERICA CORPORATION -
60917 FIRE EXTINGUISHER AN 220 220
60921 FIRST NATIONAL BANK 11,239 11,239
62161 FURNACE PARTS, LLC -
70141 GE CAPITAL -
70160 INTERMET 961 961
70178 GARRISON SERVICE COM -
70536 GENESEE POLYMERS CORP. -
70936 GENERAL SUPPLY CORP. 1,625 1,625
70939 GILES COUNTY CLERK -
70952 GIBSON'S GLASS & MIR -
70962 GIBSON BROTHERS AUTO -
71806 GRAEBEL MOVING AND -
71811 GRAINGER -
71838 GLPS CANADA, INC. -
GANTON TECHNOLOGIES, INC. (PULASKI) CASE NO. 04-67600
CASH DISBURSEMENTS
OCTOBER 2004
VEND# NAME WIRES CHECKS TOTAL DISBURSEMENTS
- -------------------------------------------------------------------------------------------------------------
71840 JM GRIMSTAD INC -
80191 HARCROS CHEMICALS, I 862 862
80566 GE BETZ, INC. -
80803 BUDDY HICKMAN -
80952 HILDRETH MANUFACTURI -
81540 HOLIDAY INN 616 616
81546 HOLLEY'S PRINTING -
81560 HONEY ACRES 345 345
82125 HUGHES PARKER INDUST 11,006 3,728 14,734
91371 INNOVATIVE CASTING T -
91447 J&J/INGAS PROPANE 1,659 1,659
91522 INTERMET-MONROE CITY PDC -
91524 INDUSTRIAL FINISHING 669 669
91561 WALKER-WHITE TERMITE -
91562 IONIC TECHNOLOGIES, -
91851 IRON AGE PROTECTIVE -
100601 J-COM EDI SERVICES -
100810 J & H MACHINE TOOL I -
100812 J & K INDUSTRIAL SUP 317 317
101311 JM FOREST PRODUCTS, 2,890 2,890
101561 RANDSTAD 67,764 67,764
110131 LAKESIDE MANUFACTURI 26,554 26,554
110164 KANO LABORATORIES -
110552 KELSEY ELECTRIC -
110558 ALABAMA CHILD SUPPOR 402 402
120533 LEWIS ELECTRIC -
120545 BELLWRIGHT INDUSTRIE -
120557 LEWISBURG RUBBER AND -
121900 AVAYA INC. 592 592
130113 PUTNAM INVESTMENTS- 12,920 12,920
130300 MCMASTER-CARR SUPPLY -
130542 MENNETTIS QUALITY SE -
130587 METOKOTE 13,104 13,104
130608 METAL WORKING SUPPLY CO. 12,242 12,242
130700 M.G. ELECTRONIC EQUI -
130983 MICHIGAN MILL & ABRA -
130989 JOHN-MICHAELS ENTERP 31,621 31,621
131010 MID-SOUTH METALLURGI -
131121 Forklift Systems -
131122 Chris Douthit 6,535 6,535
131128 SLOCUM INDUSTRIAL -
131130 G.C. Fox Trucking, I -
131146 Southwestern -
131156 PUTMAN INVESTMENTS 798 798
131169 Marc Lowe 194 194
131174 Niel Barnhart 472 472
131178 Global Exchange Serv 59 59
131180 Sprint 459 459
131182 Jefferson Pilot Fina 968 968
131189 Linda Tomlin -
GANTON TECHNOLOGIES, INC. (PULASKI) CASE NO. 04-67600
CASH DISBURSEMENTS
OCTOBER 2004
VEND# NAME WIRES CHECKS TOTAL DISBURSEMENTS
- -------------------------------------------------------------------------------------------------------------
131191 Lin Roe Services, Inc. 1,250 1,250
131193 Jefferson Pilot Fina -
131201 Jack Warren 943 943
131202 Hidden Valley 409 409
131230 James Greenwell -
131231 Robin Couldry 1,302 1,302
131255 Steve Romick 4,588 4,588
131259 Carrie Smith 310 310
131290 John Murphy 853 853
131330 Expedite Services 448 448
131333 Dale Rental Properties 400 400
131352 White and Stafford 453 453
131571 MOTION INDUSTRIES 172 172
131900 MSC IND. SUPPLY CO. -
140125 PROCLEAN SUPPLIES & 234 234
140133 NASHVILLE METAL PREP, INC -
140193 NATIONS RENT -
140599 NEWSOM INDUSTRIES 4,680 4,680
151322 OMEGA ENGINEERING -
151815 ORECREEK PRO FAB -
151876 JOHN OSBORNE FENCING -
160108 PACKAGING FULFILLMEN 6,172 6,172
160159 PARKER SEAL COMPANY -
160549 PEREZ SERVICES INC. 1,903 1,903
160890 PHYSICIANS AND SURGE 612 612
160943 PINNACLE CONSTRUCTIO -
160945 PIONEER METAL FINISH 1,094 1,094
160960 PIPING PLUS INC. -
161566 POSTMASTER 222 222
161597 POWER EQUIPMENT COMP -
161830 PRECISION TOOL COMPA -
161831 PRECISION MACHINERY -
161837 USON LP 3,530 3,530
162145 PULASKI ELECTRIC, WA 1,055 1,055
162148 PULASKI LUMBER COMPA -
162575 PYROTEK, INC. -
171900 QSG 4,807 4,807
172100 QUAD STEEL CORPORATION 2,931 2,931
172114 QUALITY MOLD 856 856
180093 RJW MANUFACTURING, I -
180094 R & R RENTALS -
180134 RADIO SHACK -
180302 RAM CORPORATION, INC. -
180508 BI-LO / RED FOOD -
180510 REFRACTORY ENGINEERS -
180555 RENT RIGHT INC -
180913 RICHLAND INN -
180918 RICHLAND, LLC 12,173 5,480 17,653
180950 RIMROCK -
180982 RIVERSBURG WELDING C -
GANTON TECHNOLOGIES, INC. (PULASKI) CASE NO. 04-67600
CASH DISBURSEMENTS
OCTOBER 2004
VEND# NAME WIRES CHECKS TOTAL DISBURSEMENTS
- -------------------------------------------------------------------------------------------------------------
180983 RIVER TOOL TECH, INC 724 724
181572 ROSEMONT INDUSTRIES 2,066 2,066
181574 ROURA IRON WORKS INC -
181578 ROTO-ROOTER 670 670
190125 SAFETY-KLEEN SYSTEMS -
190515 SEARS -
190527 MAGNA-TECH SE. -
190532 SELECT FOODS INC. -
190811 SHEFFIELD MACHINE AN -
190951 SKF SPINDLE SERVICE -
191221 SLOAN FLUID 173 173
191334 JEFFERSON SMURFIT CORP. -
191607 F.S. SPERRY -
191609 SEI ENVIROMENTAL INC -
191619 SPECTRO ALLOYS CORP -
191631 SPECTRO ANALYTICAL -
191636 SPARTAN WOOD PRODUCTS 580 580
192003 STANS ALTERNATOR & 174 174
192043 STEWARTS WHOLESALE TIRE 18 18
192046 STERICYCLE INC. 10 10
192048 C KENNETH STILL TRU 510 510
192066 STUART C. IRBY COMPA 832 832
192093 ST. JOE TOOL COMPANY -
192156 SUPERIOR TOOL AND DI -
192159 SUPERIOR TOOL & DIE CO -
192342 SWIFT INDUSTRIAL POW -
200191 TAYLOR CONTROL -
200526 TECHNO-COAT, INC. -
200532 TECHNICRAFT, INC. -
200575 TREASURER,STATE OF T -
201585 JO ANN TOWNSEND -
211470 UNITY SYSTEMS INC. 51 51
211940 PREX/USON L.P. -
220141 VALENITE 908 908
220550 VEKTEK, INC. 4,702 4,702
220912 VIBRO/DYNAMICS CORP. -
230142 STEPHANIE WALTERS 746 746
230148 WALKER WRECKER SERVI -
230173 WATKINS TRUCKING, IN 90 90
230178 WATSON'S OFFICE SUPP 706 706
231911 WRIGHT-K TECHNOLOGY -
240510 YASKAWA ELECTRIC -
251555 YXLON -
260562 ZEP MANUFACTURING CO. -
310350 MARK KOSKI 363 363
310507 HENRY E. HILDEBRAND, 2,863 2,863
310678 WINSTON UPCHURCH 374 374
310706 RODNEY NORWOOD 34 34
400073 MAGID GLOVE/EQUITY I -
400090 PRINCE MACHINE CORP 500 500
GANTON TECHNOLOGIES, INC. (PULASKI) CASE NO. 04-67600
CASH DISBURSEMENTS
OCTOBER 2004
VEND# NAME WIRES CHECKS TOTAL DISBURSEMENTS
- -------------------------------------------------------------------------------------------------------------
500057 VERIZON WIRELESS 155 155
Transman 24,855 24,855
--------- --------- -----------
TOTAL $ 797,424 $ 363,730 $ 1,161,154
GANTON TECHNOLOGIES, INC.
CASE NO. 04-67600
PULASKI - OCTOBER BANK RECONCILIATION
Bank Balance -
Actual Outstanding Checks (128,550.70)
Outstanding P/R Checks (83,669.89)
October Wire transfer issues corrected in November 423,969.13
-----------
Book Balance 211,748.54
GANTON TECHNOLOGIES, INC.
CASE NO. 04-67600
PULASKI
OUTSTANDING CHECKS
CHECK DATE ISSUED AMOUNT
12696 10/18/2004 1,567.50
12702 10/20/2004 1,317.28
12703 10/20/2004 1,090.61
12704 10/20/2004 331.00
12705 10/20/2004 85.54
12708 10/20/2004 659.12
12709 10/20/2004 765.55
12710 10/20/2004 1,260.45
12712 10/20/2004 90.01
12713 10/20/2004 472.28
12714 10/20/2004 264.50
12715 10/20/2004 1,666.29
12717 10/20/2004 408.60
12718 10/20/2004 316.85
12719 10/20/2004 754.50
12721 10/20/2004 67.00
12728 10/20/2004 614.40
12729 10/20/2004 1,614.06
12730 10/20/2004 856.05
12732 10/20/2004 670.00
12733 10/20/2004 173.34
12734 10/20/2004 10.11
12735 10/20/2004 170.00
12738 10/20/2004 689.39
12739 10/20/2004 490.00
12741 10/22/2004 9,995.50
12742 10/22/2004 5,146.41
12743 10/22/2004 616.40
12745 10/22/2004 449.40
12747 10/22/2004 12,523.86
12749 10/22/2004 67.00
12750 10/22/2004 1,798.50
12755 10/22/2004 3,529.70
12756 10/22/2004 3,192.63
12759 10/22/2004 174.20
12764 10/25/2004 1,054.83
12765 10/25/2004 40.00
12767 10/26/2004 1,609.00
12768 10/26/2004 955.26
12769 10/26/2004 1,153.50
12771 10/26/2004 305.37
12772 10/26/2004 3,052.50
12774 10/26/2004 459.25
12775 10/26/2004 409.00
12776 10/26/2004 2,889.54
12777 10/26/2004 240.00
12778 10/26/2004 226.67
12779 10/26/2004 4,680.00
12780 10/26/2004 1,902.63
12781 10/26/2004 612.00
12783 10/26/2004 51.25
12784 10/26/2004 90.00
12785 10/26/2004 464.25
12786 10/26/2004 155.22
12788 10/28/2004 15,080.00
12789 10/28/2004 1,165.13
12790 10/28/2004 243.00
12791 10/28/2004 1,086.67
12792 10/28/2004 1,282.50
12793 10/28/2004 184.44
12794 10/28/2004 1,376.63
12795 10/28/2004 525.59
12796 10/28/2004 898.47
12797 10/28/2004 90.01
12798 10/28/2004 624.26
12799 10/28/2004 309.63
12800 10/28/2004 2,254.47
12801 10/28/2004 342.61
12802 10/28/2004 1,303.62
12803 10/28/2004 10,374.44
GANTON TECHNOLOGIES, INC.
CASE NO. 04-67600
PULASKI
OUTSTANDING CHECKS
CHECK DATE ISSUED AMOUNT
12804 10/28/2004 5,470.31
12805 10/28/2004 67.00
12806 10/28/2004 6,353.29
12807 10/28/2004 313.50
12808 10/28/2004 320.00
12809 10/28/2004 494.41
12810 10/28/2004 1,727.96
12811 10/28/2004 85.00
12812 10/28/2004 153.71
12813 10/28/2004 80.63
12814 10/28/2004 490.00
12816 10/28/2004 1,605.12
----------
Outstanding October Checks 128,550.70
==========
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: October 31, 2004
-------------------
The following information is to be provided for each shareholder, officer,
director, manager, insider, or owner that is employed by the debtor in
possession. (Attach additional pages if necessary.)
Ganton Technolgies, Inc.
NAME: Case Number: 04-67600 CAPACITY:
------ Shareholder
Management and other insider compensation are
maintained at Internet Corporation. Please see ------ Officer
Intermet Corporation (Case #04-67597)
for all insider compensation/payments. ------ Director
------ Insider
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
CURRENT COMPENSATION PAID: Weekly or Monthly
--------- -------
CURRENT BENEFITS PAID: Weekly or Monthly
Health Insurance
--------- -------
Life Insurance
--------- -------
Retirement
--------- -------
Company Vehicle
--------- -------
Entertainment
--------- -------
Travel
--------- -------
Other Benefits
--------- -------
Total Benefits
--------- -------
CURRENT OTHER PAYMENTS PAID: Weekly or Monthly
Rent Paid
--------- -------
Loans
--------- -------
Other (Describe)
--------- -------
Other (Describe)
--------- -------
Other (Describe)
--------- -------
Total Other Payments
--------- -------
CURRENT TOTAL OF ALL PAYMENTS: Weekly or Monthly
$ 0
--------- -------
DATED:
-------------------------- -------------------------------
PRINCIPAL, OFFICER, DIRECTOR, OR
INSIDER
Intermet Corporation and Subsidiaries Ganton Technologies, Inc.
Schedule of In-Force Insurance Case Number: 04-67600
POLICY COVERAGE CARRIER POLICY PERIOD
- ----------------------------- ---------------------------- ----------------------------
Property Lloyds 11/1/04-11/01/05
Boiler/Machine Hartford 11/1/04-11/01/05
Cargo Fireman's Fund 11/1/04-11/01/05
Truck Cargo Fireman's Fund 11/1/04-11/01/05
Aviation USAIG 11/1/04-11/01/05
Fiduciary St. Paul 11/1/04-11/01/05
Primary D&O St. Paul 11/1/04-11/01/05
Excess D&O Chubb 11/1/04-11/01/05
Side A Platte River 11/1/04-11/01/05
Crime Gulf 11/1/04-12/1/04
General Liability Liberty Mutual 11/1/04-12/22/04
Umbrella National Union 11/1/04-12/22/04
Work Comp Liberty Mutual 11/1/04-12/22/04
Excess Work Comp Liberty Mutual 11/1/04-12/22/04
Auto Liberty Mutual 11/1/04-12/22/04
Foreign (DIC) Liberty Mutual 11/1/04-12/22/04
UNITED STATES BANKRUPTCY COURT
FOR THE EASTERN DISTRICT OF MICHIGAN
TRANSMITTAL OF FINANCIAL REPORTS AND
CERTIFICATION OF COMPLIANCE WITH UNITED STATES TRUSTEE
OPERATING REQUIREMENTS FOR
THE PERIOD ENDED: October 31, 2004
------------------
IN RE:
Intermet Corporation, et al
CASE NUMBER: 04-67601
Chapter 11
Intermet Holding Company Judge: Marci B. McIvor
- ---------------------------------------/
Debtor
As debtor in possession, I affirm:
1. That I have reviewed the financial statements attached hereto, consisting of:
X Operating Statement (Form 2)
---
X Balance Sheet (Form 3)
---
X Summary of Operations (Form 4)
---
X Monthly Cash Statement (Form 5)
---
X Statement of Compensation (Form 6)
---
X Schedule of In-Force Insurance (Form 7)
---
and that they have been prepared in accordance with normal and customary
accounting practices, and fairly and accurately reflect the debtor's financial
activity for the period stated;
2. That the insurance, including workers' compensation and unemployment
insurance, as described in Section 5 of the Operating Instructions
and Reporting Requirements For Chapter 11 Cases is in effect; and,
(If not, attach a written explanation) YES X NO
--- ---
3. That all post-petition taxes as described in Section 9 of the Operating
Instructions and Reporting Requirements For Chapter 11 cases are current.
(If not, attach a written explanation) YES X NO
--- ---
4. No professional fees (attorney, accountant, etc.) have been paid without
specific court authorization.
(If not, attach a written explanation) YES X NO
--- ---
5. All United States Trustee Quarterly fees have been paid and are current.
YES X NO
--- ---
6. Have you filed your pre-petition tax returns.
(If not, attach a written explanation) YES X NO
--- ---
I hereby certify, under penalty of perjury, that the information provided above
and in the attached documents is true and correct to the best of my information
and belief.
/s/ Robert E. Belts
Dated: December 3, 2004 ------------------------------------------------
------------------ Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- -----------------------
Title Phone
Form 1
Intermet Corporation and Subsidiaries
Operating Statement Case # 04-67601
For the Month Ended 10-31-04 Intermet
(000's) Holding Co.
---------------------------------------------
Current Month Total Since Filing
--------------------- ---------------------
Net Sales $0 $0
Cost of Goods Sold
Materials and Freight 0 0
Wages - Hourly 0 0
Wages-Salary 0 0
Employee Benefits and Pension 0 0
Repairs & Maintenance 0 0
Supplies 0 0
Utilities 0 0
Purchased Components/Services 0 0
Income(loss) from Pattern Sales 0 0
Fixed Asset - (gain/loss) 0 0
MIS Expense 0 0
Travel & Entertainment 0 0
Other Variable Costs 0 0
Depreciation & Amortization 0 0
Other Allocated Fixed Costs 0 0
Other Fixed Costs 0 0
--------------------- ---------------------
Cost of Goods Sold 0 0
Gross Profit 0 0
Plant SG&A Expense 0 0
SG&A Expense - Allocation (Sched 1) 0 0
Other Operating Expenses 0 0
--------------------- ---------------------
Total Operating Expenses 0 0
--------------------- ---------------------
Operating Profit 0 0
Outside Interest Income 0 0
Outside Interest (Expense) 0 0
Intercompany Interest Income 0 0
Intercompany Interest (Expense) 0 0
Charges (From) Affiliates 0 0
Charges To Affiliates 0 0
Income From European Subsidiary 0 0
Other Income/(Expense) 0 0
--------------------- ---------------------
Total Non-Operating Expenses 0 0
Income Before Income Taxes 0 0
Income Tax Expense 0 0
--------------------- ---------------------
Net Income $0 * $0
===================== =====================
NOTE: FOR FINANCIAL REPORTING PURPOSES, INTERMET HOLDINGS INCLUDED IN FOREIGN
OPERATIONS. FOR OCTOBER 2004, $371,000 OF INTERCOMPANY INTEREST WAS ELIMINATED
THROUGH FOREIGN OPERATIONS AND THEREFORE NOT INCLUDED IN THE ABOVE STATEMENT.
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs (October)
(Allocation of Corporate Costs to Filing Entities)
October
----------
Officer Compensation $ 196,042
Salary Expense other Employees 802,961
Employee Benefits and Pension 133,527
Payroll Taxes 43,948
Other Taxes 6,922.86
Rent and Lease Expense 180,971
Interest Expense
Insurance 69,363
Automobile and Truck Expense 2,695
Utilities(Gas Electric,Phone) 47,700
Depreciation 89,205
Travel and Entertainment 70,376
Repairs and Maintenance 53,523
Advertising/Promotion 0
Supplies, Office Expense 24,275
OTHER:
Contributions 0
Professional Fees - Audit/Tax 131,192
Bank Fees 17,576
Public Reporting Fees 16,000
Employee Relocation/Training 2,850
Data Processing 28,029
Dues and Subscriptions 7,328
Outside Services 311,339
Project Development Costs net of Billings 56,285
Director Fees (144,667)
Miscellaneous (158,119)
Professional Fees - Bankruptcy 2,643,198
Cost Allocation - Out (227,787)
----------
$4,404,731
==========
Allocation:
Wagner Castings $ 177,312
Northern Castings 46,825
Ironton Iron 0
Lynchburg Foundry 179,333
Columbus Foundry 290,418
Wagner Havana 0
Intermet U.S. Holdings 240,779
Cast-Matic Corp. 76,250
Diversified Diemakers 239,650
Ganton Technologies 155,833
Tool Products 127,416
Intermet Corporation 2,870,915
----------
Total $4,404,731
==========
Intermet Corporation and Subsidiaries
Balance Sheet As Of 10-31-04
(000's)
Case # 04-67601
---------------------
Intermet
Holding Co.
---------------------
Cash And Equivalents $0
Accounts Receivable 0
Short-Term Intercompany Receivables 0
Inventories 0
Other Current Assets 0
---------------------
TOTAL CURRENT ASSETS 0
Land and Buildings 0
Machinery & Equipment 0
Construction In Progress 0
---------------------
Total Fixed Assets 0
Accumulated Depreciation 0
---------------------
NET FIXED ASSETS 0
Investment In Subsidiaries 90,292
Investment In European Operations 0
Long-Term Intercompany Receivables 22
Deferred Taxes, Long-Term Asset 0
Other Assets 0
---------------------
TOTAL ASSETS $90,314
=====================
LIABILITIES AND SHAREHOLDER EQUITY
POST PETITION LIABILITIES
Accounts Payable $0
Wages and Salaries (See schedule) 0
Taxes Payable - (See schedule) 0
---------------------
TOTAL POST PETITION LIABILITIES 0
SECURED LIABILITIES:
Secured Liabilities - Bank Debt 0
PRE-PETITION LIABILITIES:
TAXES AND OTHER PRIORITY LIABILITIES:
Accrued Income Taxes (8,224)
Accrued Tax - State 0
Accrued Property Taxes 0
Accrued Workers Comp. 0
Accrued Payroll 0
Accrued Payroll Taxes 0
---------------------
TOTAL TAXES AND OTHER PRIORITY LIABILITIES (8,224)
UNSECURED LIABILITIES
Accounts Payable 0
IDR Bonds 0
---------------------
TOTAL UNSECURED LIABILITIES 0
OTHER LIABILITIES
Accrued Liabilities 0
Total Intercompany Payables 143,538
Notes Payable, Short Term 0
Capital Leases 0
Retirement Benefits 0
Deferred Taxes - Long-Term Liability 0
Other Long-Term Liabilities 0
---------------------
TOTAL LIABILITIES 135,315
Common Stock 1
Capital In Excess Of Par Value 1
Retained Earnings - Pre-Petition (18,705)
Retained Earnings - Post- Petition (371)
Equity in European Operations 0
Accumulated Translation Adjustment (25,927)
Minimum Pension Liability Adjustment 0
Unearned Restricted Stock 0
---------------------
TOTAL SHAREHOLDERS' EQUITY (45,001)
---------------------
TOTAL LIABILITIES AND EQUITY $90,314
=====================
PERIOD ENDED: 10-31-04 INTERMET HOLDING COMPANY CASE #04-67601
--------------------------
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
9/30/2004 Withheld Deposits 10/31/2004
------------------------------------------------------------------------------
Income tax withheld: Federal $0 $0 $0 $0
Income tax withheld: State $0 $0 $0 $0
Income tax withheld: Local $0 $0 $0 $0
FICA Withheld $0 $0 $0 $0
Employers FICA $0 $0 $0 $0
Unemployment Tax: Federal $0 $0 $0 $0
Unemployment Tax: State $0 $0 $0 $0
All Other Payroll W/H $0 $0 $0 $0
$0 $0 $0 $0
State Taxes: Inc./Sales/Use/Excise $0 $0 $0 $0
Property Taxes $0 $0 $0 $0
$0
Workers Compensation 0 0 0 0
------------------------------------------------------------------------------
Total $0 $0 $0 $0
Wages and Salaries 0 0 0 0
------------------------------------------------------------------------------
Grand Total $0 $0 $0 $0
==============================================================================
Aging of Accounts Receivable
and Post Petition Accounts Payable
Age in Days (Post Petiition) 0-30 Days 30-60 Days Over 60 Days
Accounts Payable $0 $0 $0
Accounts Receivable $0 $0 $0
PERIOD ENDING: October 31, 2004
Intermet Holding Company
CASH ACTIVITY ANALYSIS (CASH BASIS ONLY): Case Number: 04-67601
<Table>
<Caption>
GENERAL PAYROLL TAX CASH COLL. PETTY CASH
ACCT. ACCT. ACCT. ACCT. ACCT.
------- ------- ----- ---------- ----------
A. Beginning Balance ------- ------- ------- ---------- ----------
B. Receipts ------- ------- ------- ---------- ----------
(Attach separate schedule)
C. Balance Available ------- ------- ------- ---------- ----------
(A + B)
D. Less Disbursements ------- ------- ------- ---------- ----------
(Attach separate schedule)
N/A - Company has no Bank Accounts
E. ENDING BALANCE ------- ------- ------- ---------- ----------
(C - D)
(PLEASE ATTACH COPIES OF MOST RECENT RECONCILED BANK STATEMENTS FROM EACH ACCOUNT)
General Account:
1. Depository Name & Location ----------------------------------------------------
2. Account Number ----------------------------------------------------
Payroll Account:
1. Depository Name & Location ----------------------------------------------------
2. Account Number ----------------------------------------------------
Tax Account:
1. Depository Name & Location ----------------------------------------------------
2. Account Number ----------------------------------------------------
Other monies on hand (specify type and location) ( i.e., CD's, bonds, etc.):
- ---------------------------------------------------------------------------------------
- ---------------------------------------------------------------------------------------
- ---------------------------------------------------------------------------------------
- ---------------------------------------------------------------------------------------
Date: --------------------------------
-------------------------------------
Debtor in Possession
Form 5
</Table>
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: October 31, 2004
The following information is to be provided for each shareholder, officer,
director, manager, insider, or owner that is employed by the debtor in
possession. (Attach additional pages if necessary.)
Internet Holding Company
NAME: Case Number: 04-67601 CAPACITY: ________ Shareholder
________ Officer
________ Director
________ Insider
Management and other insider compensation are maintained at Intermet
Corporation. Please see Intermet Corporation (Case #04-67597) for all insider
compensation/payments. ________________________________________________________
_______________________________________________________________________________
_______________________________________________________________________________
<Table>
CURRENT COMPENSATION PAID: WEEKLY or MONTHLY
______ _______
CURRENT BENEFITS PAID: WEEKLY or MONTHLY
Health Insurance ______ _______
Life Insurance ______ _______
Retirement ______ _______
Company Vehicle ______ _______
Entertainment ______ _______
Travel ______ _______
Other Benefits ______ _______
Total Benefits ______ _______
CURRENT OTHER PAYMENTS PAID: WEEKLY or MONTHLY
Rent Paid ______ _______
Other (Describe) ______ _______
Other (Describe) ______ _______
Other (Describe) ______ _______
Total Other Payments ______ _______
CURRENT TOTAL OF ALL PAYMENTS: WEEKLY or MONTHLY
$0
______ _______
DATED: __________ ________________________________________
PRINCIPAL, OFFICER, DIRECTOR, OR INSIDER
Intermet Corporation and Subsidiaries Intermet Holding Company
Schedule of In-Force Insurance Case Number: 04-67601
POLICY COVERAGE CARRIER POLICY PERIOD
- ----------------------------- ---------------------------- ----------------------------
Property Lloyds 11/1/04-11/01/05
Boiler/Machine Hartford 11/1/04-11/01/05
Cargo Fireman's Fund 11/1/04-11/01/05
Truck Cargo Fireman's Fund 11/1/04-11/01/05
Aviation USAIG 11/1/04-11/01/05
Fiduciary St. Paul 11/1/04-11/01/05
Primary D&O St. Paul 11/1/04-11/01/05
Excess D&O Chubb 11/1/04-11/01/05
Side A Platte River 11/1/04-11/01/05
Crime Gulf 11/1/04-12/1/04
General Liability Liberty Mutual 11/1/04-12/22/04
Umbrella National Union 11/1/04-12/22/04
Work Comp Liberty Mutual 11/1/04-12/22/04
Excess Work Comp Liberty Mutual 11/1/04-12/22/04
Auto Liberty Mutual 11/1/04-12/22/04
Foreign (DIC) Liberty Mutual 11/1/04-12/22/04
UNITED STATES BANKRUPTCY COURT
FOR THE EASTERN DISTRICT OF MICHIGAN
TRANSMITTAL OF FINANCIAL REPORTS AND
CERTIFICATION OF COMPLIANCE WITH UNITED STATES TRUSTEE
OPERATING REQUIREMENTS FOR
THE PERIOD ENDED: October 31, 2004
------------------
IN RE:
Intermet Corporation, et al
CASE NUMBER: 04-67604
Chapter 11
Intermet Illinois, Inc. Judge: Marci B. McIvor
- ---------------------------------------/
Debtor
As debtor in possession, I affirm:
1. That I have reviewed the financial statements attached hereto, consisting of:
X Operating Statement (Form 2)
---
X Balance Sheet (Form 3)
---
X Summary of Operations (Form 4)
---
X Monthly Cash Statement (Form 5)
---
X Statement of Compensation (Form 6)
---
X Schedule of In-Force Insurance (Form 7)
---
and that they have been prepared in accordance with normal and customary
accounting practices, and fairly and accurately reflect the debtor's financial
activity for the period stated;
2. That the insurance, including workers' compensation and unemployment
insurance, as described in Section 5 of the Operating Instructions
and Reporting Requirements For Chapter 11 Cases is in effect; and,
(If not, attach a written explanation) YES X NO
--- ---
3. That all post-petition taxes as described in Section 9 of the Operating
Instructions and Reporting Requirements For Chapter 11 cases are current.
(If not, attach a written explanation) YES X NO
--- ---
4. No professional fees (attorney, accountant, etc.) have been paid without
specific court authorization.
(If not, attach a written explanation) YES X NO
--- ---
5. All United States Trustee Quarterly fees have been paid and are current.
YES X NO
--- ---
6. Have you filed your pre-petition tax returns.
(If not, attach a written explanation) YES X NO
--- ---
I hereby certify, under penalty of perjury, that the information provided above
and in the attached documents is true and correct to the best of my information
and belief.
/s/ Robert E. Belts
Dated: December 3, 2004 ------------------------------------------------
------------------ Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- -----------------------
Title Phone
Form 1
Intermet Corporation and Subsidiaries
Operating Statement
For the Month Ended 10-31-04
(000's)
Case # 04-67604
Intermet
Illinois
---------------------------------------------
Current Month Total Since Filing
--------------------- ---------------------
Net Sales $0 $0
Cost of Goods Sold
Materials and Freight 0 0
Wages - Hourly 0 0
Wages-Salary 0 0
Employee Benefits and Pension 0 0
Repairs & Maintenance 0 0
Supplies 0 0
Utilities 0 0
Purchased Components/Services 0 0
Income(loss) from Pattern Sales 0 0
Fixed Asset - (gain/loss) 0 0
MIS Expense 0 0
Travel & Entertainment 0 0
Other Variable Costs 0 0
Depreciation & Amortization 0 0
Other Allocated Fixed Costs 0 0
Other Fixed Costs 0 0
--------------------- ---------------------
Cost of Goods Sold 0 0
Gross Profit 0 0
Plant SG&A Expense 0 0
SG&A Expense - Allocation (Sched 1) 0 0
Other Operating Expenses 0 0
--------------------- ---------------------
Total Operating Expenses 0 0
--------------------- ---------------------
Operating Profit 0 0
Outside Interest Income 0 0
Outside Interest (Expense) 0 0
Intercompany Interest Income 0 0
Intercompany Interest (Expense) 0 0
Charges (From) Affiliates 0 0
Charges To Affiliates 0 0
Income From European Subsidiary 0 0
Other Income/(Expense) 0 0
--------------------- ---------------------
Total Non-Operating Expenses 0 0
Income Before Income Taxes 0 0
Income Tax Expense 0 0
--------------------- ---------------------
Net Income $0 $0
===================== =====================
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs (October)
(Allocation of Corporate Costs to Filing Entities)
October
----------
Officer Compensation $ 196,042
Salary Expense other Employees 802,961
Employee Benefits and Pension 133,527
Payroll Taxes 43,948
Other Taxes 6,922.86
Rent and Lease Expense 180,971
Interest Expense
Insurance 69,363
Automobile and Truck Expense 2,695
Utilities(Gas Electric,Phone) 47,700
Depreciation 89,205
Travel and Entertainment 70,376
Repairs and Maintenance 53,523
Advertising/Promotion 0
Supplies, Office Expense 24,275
OTHER:
Contributions 0
Professional Fees - Audit/Tax 131,192
Bank Fees 17,576
Public Reporting Fees 16,000
Employee Relocation/Training 2,850
Data Processing 28,029
Dues and Subscriptions 7,328
Outside Services 311,339
Project Development Costs net of Billings 56,285
Director Fees (144,667)
Miscellaneous (158,119)
Professional Fees - Bankruptcy 2,643,198
Cost Allocation - Out (227,787)
----------
$4,404,731
==========
Allocation:
Wagner Castings $ 177,312
Northern Castings 46,825
Ironton Iron 0
Lynchburg Foundry 179,333
Columbus Foundry 290,418
Wagner Havana 0
Intermet U.S. Holdings 240,779
Cast-Matic Corp. 76,250
Diversified Diemakers 239,650
Ganton Technologies 155,833
Tool Products 127,416
Intermet Corporation 2,870,915
----------
Total $4,404,731
==========
Intermet Corporation and Subsidiaries
Balance Sheet As Of 10-31-04
(000's)
Case # 04-67604
Intermet
Illinois
---------------------
Cash And Equivalents $0
Accounts Receivable 0
Short-Term Intercompany Receivables 0
Inventories 0
Other Current Assets 0
---------------------
TOTAL CURRENT ASSETS 0
Land and Buildings 0
Machinery & Equipment 163
Construction In Progress (163)
---------------------
Total Fixed Assets 0
Accumulated Depreciation 0
---------------------
NET FIXED ASSETS 0
Investment In Subsidiaries 0
Investment In European Operations 0
Long-Term Intercompany Receivables 0
Deferred Taxes, Long-Term Asset 0
Other Assets 0
---------------------
TOTAL ASSETS $0
=====================
LIABILITIES AND SHAREHOLDER EQUITY
POST PETITION LIABILITIES
Accounts Payable $0
Wages and Salaries (See schedule) 0
Taxes Payable - (See schedule) 0
---------------------
TOTAL POST PETITION LIABILITIES 0
SECURED LIABILITIES:
SECURED LIABILITIES - BANK DEBT 0
PRE-PETITION LIABILITIES:
TAXES AND OTHER PRIORITY LIABILITIES:
Accrued Income Taxes 0
Accrued Tax - State 0
Accrued Property Taxes 0
Accrued Workers Comp. 0
Accrued Payroll 0
Accrued Payroll Taxes 0
---------------------
TOTAL TAXES AND OTHER PRIORITY LIABILITIES 0
UNSECURED LIABILITIES
Accounts Payable 0
IDR Bonds 0
---------------------
TOTAL UNSECURED LIABILITIES 0
OTHER LIABILITIES
Accrued Liabilities 0
Total Intercompany Payables 100
Notes Payable, Short Term 0
Capital Leases 0
Retirement Benefits 0
Deferred Taxes - Long-Term Liability 0
Other Long-Term Liabilities 0
---------------------
TOTAL LIABILITIES 100
Common Stock 0
Capital In Excess Of Par Value 0
Retained Earnings - Pre-Petition (100)
Retained Earnings - Post- Petition 0
Equity in European Operations 0
Accumulated Translation Adjustment 0
Minimum Pension Liability Adjustment 0
Unearned Restricted Stock 0
---------------------
TOTAL SHAREHOLDERS' EQUITY (100)
---------------------
TOTAL LIABILITIES AND EQUITY $0
=====================
PERIOD ENDED: 10-31-04 INTERMET ILLINOIS, INC. 04-67604
------------
SCHEDULE OF POST-PETITION TAX LIABILITY
---------------------------------------
Balance Balance
as of Accrued / Payments / as of
9/30/2004 Withheld Deposits 10/31/2004
------------------------------------------------------------------------------
Income tax withheld: Federal $0 $0 $0 $0
Income tax withheld: State $0 $0 $0 $0
Income tax withheld: Local $0 $0 $0 $0
FICA Withheld $0 $0 $0 $0
Employers FICA $0 $0 $0 $0
Unemployment Tax: Federal $0 $0 $0 $0
Unemployment Tax: State $0 $0 $0 $0
All Other Payroll W/H $0 $0 $0 $0
$0 $0 $0 $0
State Taxes: Inc./Sales/Use/Excise $0 $0 $0 $0
Property Taxes $0 $0 $0 $0
Workers Compensation 0 0 0 0
------------------------------------------------------------------------------
Total $0 $0 $0 $0
Wages and Salaries 0 0 0 0
------------------------------------------------------------------------------
Grand Total $0 $0 $0 $0
==============================================================================
Aging of Accounts Receivable
and Post Petition Accounts Payable
Age in Days (Post Petiition) 0-30 Days 30-60 Days Over 60 Days
Accounts Payable $0 $0 $0
Accounts Receivable $0 $0 $0
Period Ending: October 31, 2004
Intermet Illinois, Inc.
Case Number: 04-67604
Cash Activity Analysis (Cash Basis Only):
General Payroll Tax Cash Coll. Petty Cash
Acct. Acct. Acct. Acct. Acct.
------- ------- ----- ---------- ----------
A. Beginning Balance _______ _______ _____ __________ __________
B. Receipts _______ _______ _____ __________ __________
(Attach separate schedule)
C. Balance Available _______ __________ __________
(A + B)
D. Less Disbursements _______ _______ _____ __________ __________
(Attach separate schedule)
N/A - This Company has no Bank Accounts.
E. ENDING BALANCE _______ _______ _____ __________ __________
(C - D)
(PLEASE ATTACH COPIES OF MOST RECENT RECONCILED BANK STATEMENTS FROM EACH
ACCOUNT)
General Account:
1. Depository Name & Location ________________________________________
2. Account Number ________________________________________
Payroll Account:
1. Depository Name & Location ________________________________________
2. Account Number ________________________________________
Tax Account:
1. Depository Name & Location ________________________________________
2. Account Number ________________________________________
Other monies on hand (specify type and location) i.e., CD's, bonds, etc.):
________________________________________________________________________________
________________________________________________________________________________
________________________________________________________________________________
________________________________________________________________________________
Date: _____________________
________________________________________
Debtor in Possession
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: October 31, 2004
The following information is to be provided for each shareholder, officer,
director, manager, insider, or owner that is employed by the debtor in
possession. (Attach additional pages if necessary.)
Intermet Illinois, Inc.
NAME: Case Number: 04-67604 CAPACITY: Shareholder
------------------------------------ --------
Officer
--------
Director
--------
Insider
--------
Management and other insider compensation are
maintained at Intermet Corporation. Please
see Intermet Corporation (Case #04-67597) for
all insider compensation/payments.
---------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
CURRENT COMPENSATION PAID: Weekly or Monthly
------------- -------------
CURRENT BENEFITS PAID: Weekly or Monthly
Health Insurance ------------- -------------
Life Insurance ------------- -------------
Retirement ------------- -------------
Company Vehicle ------------- -------------
Entertainment ------------- -------------
Travel ------------- -------------
Other Benefits ------------- -------------
Total Benefits ------------- -------------
CURRENT OTHER PAYMENTS PAID: Weekly or Monthly
Rent Paid ------------- -------------
Loans ------------- -------------
Other (Describe) ------------- -------------
Other (Describe) ------------- -------------
Other (Describe) ------------- -------------
Total Other Payments ------------- -------------
CURRENT TOTAL OF ALL PAYMENTS: Weekly or Monthly
$0
------------- -------------
DATED:
--------------------- ----------------------------------------
PRINCIPAL, OFFICER, DIRECTOR, OR INSIDER
FORM 6
Intermet Corporation and Subsidiaries Intermet Illinois, Inc.
Schedule of In-Force Insurance Case Number: 04-67604
POLICY COVERAGE CARRIER POLICY PERIOD
- ----------------------------- ---------------------------- ----------------------------
Property Lloyds 11/1/04-11/01/05
Boiler/Machine Hartford 11/1/04-11/01/05
Cargo Fireman's Fund 11/1/04-11/01/05
Truck Cargo Fireman's Fund 11/1/04-11/01/05
Aviation USAIG 11/1/04-11/01/05
Fiduciary St. Paul 11/1/04-11/01/05
Primary D&O St. Paul 11/1/04-11/01/05
Excess D&O Chubb 11/1/04-11/01/05
Side A Platte River 11/1/04-11/01/05
Crime Gulf 11/1/04-12/1/04
General Liability Liberty Mutual 11/1/04-12/22/04
Umbrella National Union 11/1/04-12/22/04
Work Comp Liberty Mutual 11/1/04-12/22/04
Excess Work Comp Liberty Mutual 11/1/04-12/22/04
Auto Liberty Mutual 11/1/04-12/22/04
Foreign (DIC) Liberty Mutual 11/1/04-12/22/04
UNITED STATES BANKRUPTCY COURT
FOR THE EASTERN DISTRICT OF MICHIGAN
TRANSMITTAL OF FINANCIAL REPORTS AND
CERTIFICATION OF COMPLIANCE WITH UNITED STATES TRUSTEE
OPERATING REQUIREMENTS FOR
THE PERIOD ENDED: October 31, 2004
------------------
IN RE:
Intermet Corporation, et al
CASE NUMBER: 04-67607
Chapter 11
Intermet International, Inc. Judge: Marci B. McIvor
- ---------------------------------------/
Debtor
As debtor in possession, I affirm:
1. That I have reviewed the financial statements attached hereto, consisting of:
X Operating Statement (Form 2)
---
X Balance Sheet (Form 3)
---
X Summary of Operations (Form 4)
---
X Monthly Cash Statement (Form 5)
---
X Statement of Compensation (Form 6)
---
X Schedule of In-Force Insurance (Form 7)
---
and that they have been prepared in accordance with normal and customary
accounting practices, and fairly and accurately reflect the debtor's financial
activity for the period stated;
2. That the insurance, including workers' compensation and unemployment
insurance, as described in Section 5 of the Operating Instructions
and Reporting Requirements For Chapter 11 Cases is in effect; and,
(If not, attach a written explanation) YES X NO
--- ---
3. That all post-petition taxes as described in Section 9 of the Operating
Instructions and Reporting Requirements For Chapter 11 cases are current.
(If not, attach a written explanation) YES X NO
--- ---
4. No professional fees (attorney, accountant, etc.) have been paid without
specific court authorization.
(If not, attach a written explanation) YES X NO
--- ---
5. All United States Trustee Quarterly fees have been paid and are current.
YES X NO
--- ---
6. Have you filed your pre-petition tax returns.
(If not, attach a written explanation) YES X NO
--- ---
I hereby certify, under penalty of perjury, that the information provided above
and in the attached documents is true and correct to the best of my information
and belief.
/s/ Robert E. Belts
Dated: December 3, 2004 ------------------------------------------------
------------------ Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- -----------------------
Title Phone
Form 1
UNITED STATES BANKRUPTCY COURT
EASTERN DISTRICT OF MICHIGAN
IN RE: INTERMET INTERNATIONAL, INC. CASE NO. 04-67607
All activity for Intermet International is reported in the consolidated Columbus
Foundry operating report (Case #04-67609).
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: October 31, 2004
The following information is to be provided for each shareholder, officer,
director, manager, insider, or owner that is employed by the debtor in
possession. (Attach additional pages if necessary.)
Intermet International, Inc.
NAME: Case Number: 04-67607 CAPACITY: _______ Shareholder
_______ Officer
Management and other insider compensation _______ Director
are maintained at Intermet Corporation. _______ Insider
Please see Intermet Corporation (Case #04-
67597) for all insider compensation/payments.___________________________________
________________________________________________________________________________
________________________________________________________________________________
CURRENT COMPENSATION PAID: Weekly or Monthly
__________ __________
CURRENT BENEFITS PAID: Weekly or Monthly
Health Insurance __________ __________
Life Insurance __________ __________
Retirement __________ __________
Company Vehicle __________ __________
Entertainment __________ __________
Travel __________ __________
Other Benefits __________ __________
Total Benefits __________ __________
CURRENT OTHER PAYMENTS PAID: Weekly or Monthly
Rent Paid __________ __________
Loans __________ __________
Other (Describe) __________ __________
Other (Describe) __________ __________
Other (Describe) __________ __________
Total Other Payments __________ __________
CURRENT TOTAL OF ALL PAYMENTS: Weekly or Monthly
$0
__________ __________
DATED: ________________________ ___________________________________
PRINCIPAL, OFFICER, DIRECTOR OR
INSIDER
FORM 6
Intermet Corporation and Subsidiaries Intermet International, Inc.
Schedule of In-Force Insurance Case Number: 04-67607
POLICY COVERAGE CARRIER POLICY PERIOD
- ----------------------------- ---------------------------- ----------------------------
Property Lloyds 11/1/04-11/01/05
Boiler/Machine Hartford 11/1/04-11/01/05
Cargo Fireman's Fund 11/1/04-11/01/05
Truck Cargo Fireman's Fund 11/1/04-11/01/05
Aviation USAIG 11/1/04-11/01/05
Fiduciary St. Paul 11/1/04-11/01/05
Primary D&O St. Paul 11/1/04-11/01/05
Excess D&O Chubb 11/1/04-11/01/05
Side A Platte River 11/1/04-11/01/05
Crime Gulf 11/1/04-12/1/04
General Liability Liberty Mutual 11/1/04-12/22/04
Umbrella National Union 11/1/04-12/22/04
Work Comp Liberty Mutual 11/1/04-12/22/04
Excess Work Comp Liberty Mutual 11/1/04-12/22/04
Auto Liberty Mutual 11/1/04-12/22/04
Foreign (DIC) Liberty Mutual 11/1/04-12/22/04
UNITED STATES BANKRUPTCY COURT
FOR THE EASTERN DISTRICT OF MICHIGAN
TRANSMITTAL OF FINANCIAL REPORTS AND
CERTIFICATION OF COMPLIANCE WITH UNITED STATES TRUSTEE
OPERATING REQUIREMENTS FOR
THE PERIOD ENDED: October 31, 2004
------------------
IN RE:
Intermet Corporation, et al
CASE NUMBER: 04-67598
Chapter 11
Intermet U.S. Holding, Inc. Judge: Marci B. McIvor
- ---------------------------------------/
Debtor
As debtor in possession, I affirm:
1. That I have reviewed the financial statements attached hereto, consisting of:
X Operating Statement (Form 2)
---
X Balance Sheet (Form 3)
---
X Summary of Operations (Form 4)
---
X Monthly Cash Statement (Form 5)
---
X Statement of Compensation (Form 6)
---
X Schedule of In-Force Insurance (Form 7)
---
and that they have been prepared in accordance with normal and customary
accounting practices, and fairly and accurately reflect the debtor's financial
activity for the period stated;
2. That the insurance, including workers' compensation and unemployment
insurance, as described in Section 5 of the Operating Instructions
and Reporting Requirements For Chapter 11 Cases is in effect; and,
(If not, attach a written explanation) YES X NO
--- ---
3. That all post-petition taxes as described in Section 9 of the Operating
Instructions and Reporting Requirements For Chapter 11 cases are current.
(If not, attach a written explanation) YES X NO
--- ---
4. No professional fees (attorney, accountant, etc.) have been paid without
specific court authorization.
(If not, attach a written explanation) YES X NO
--- ---
5. All United States Trustee Quarterly fees have been paid and are current.
YES X NO
--- ---
6. Have you filed your pre-petition tax returns.
(If not, attach a written explanation) YES X NO
--- ---
I hereby certify, under penalty of perjury, that the information provided above
and in the attached documents is true and correct to the best of my information
and belief.
/s/ Robert E. Belts
Dated: December 3, 2004 ------------------------------------------------
------------------ Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- -----------------------
Title Phone
Form 1
Intermet Corporation and Subsidiaries
Operating Statement
For the Month Ended 10-31-04
(000's)
Case #04-67598
Intermet US Holdings
------------------------------------------
Current Month Total Since Filing
------------------ ---------------------
Net Sales $6,679 $6,679
Cost of Goods Sold
Materials and Freight 2,480 2,480
Wages - Hourly 1,134 1,134
Wages-Salary 375 375
Employee Benefits and Pension 529 529
Repairs & Maintenance 407 407
Supplies 490 490
Utilities 618 618
Purchased Components/Services 336 336
Income(loss) from Pattern Sales 0 0
Fixed Asset - (gain/loss) (76) (76)
MIS Expense 77 77
Travel & Entertainment 5 5
Other Variable Costs 449 449
Depreciation & Amortization 556 556
Other Allocated Fixed Costs 0 0
Other Fixed Costs 162 162
------------------ ---------------------
Cost of Goods Sold 7,543 7,543
Gross Profit (864) (864)
Plant SG&A Expense 0 0
SG&A Expense - Allocation (Sched 1) 241 241
Other Operating Expenses 0 0
------------------ ---------------------
Total Operating Expenses 241 241
------------------ ---------------------
Operating Profit (1,105) (1,105)
Outside Interest Income 0 0
Outside Interest (Expense) 0 0
Intercompany Interest Income 0 0
Intercompany Interest (Expense) (73) (73)
Charges (From) Affiliates 0 0
Charges To Affiliates 0 0
Income From European Subsidiary 0 0
Other Income/(Expense) 15 15
------------------ ---------------------
Total Non-Operating Expenses (58) (58)
Income Before Income Taxes (1,163) (1,163)
Income Tax Expense 1 1
------------------ ---------------------
Net Income ($1,164) ($1,164)
================== =====================
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs (October)
(Allocation of Corporate Costs to Filing Entities)
October
----------
Officer Compensation $ 196,042
Salary Expense other Employees 802,961
Employee Benefits and Pension 133,527
Payroll Taxes 43,948
Other Taxes 6,922.86
Rent and Lease Expense 180,971
Interest Expense
Insurance 69,363
Automobile and Truck Expense 2,695
Utilities(Gas Electric,Phone) 47,700
Depreciation 89,205
Travel and Entertainment 70,376
Repairs and Maintenance 53,523
Advertising/Promotion 0
Supplies, Office Expense 24,275
OTHER:
Contributions 0
Professional Fees - Audit/Tax 131,192
Bank Fees 17,576
Public Reporting Fees 16,000
Employee Relocation/Training 2,850
Data Processing 28,029
Dues and Subscriptions 7,328
Outside Services 311,339
Project Development Costs net of Billings 56,285
Director Fees (144,667)
Miscellaneous (158,119)
Professional Fees - Bankruptcy 2,643,198
Cost Allocation - Out (227,787)
----------
$4,404,731
==========
Allocation:
Wagner Castings $ 177,312
Northern Castings 46,825
Ironton Iron 0
Lynchburg Foundry 179,333
Columbus Foundry 290,418
Wagner Havana 0
Intermet U.S. Holdings 240,779
Cast-Matic Corp. 76,250
Diversified Diemakers 239,650
Ganton Technologies 155,833
Tool Products 127,416
Intermet Corporation 2,870,915
----------
Total $4,404,731
==========
Intermet Corporation and Subsidiaries
Balance Sheet As Of 10-31-04
(000's)
Case #04-67598
-----------------
Intermet US
Holdings
-----------------
Cash And Equivalents $2
Accounts Receivable 12,065
Short-Term Intercompany Receivables 1,940
Inventories 6,209
Other Current Assets 118
-----------------
TOTAL CURRENT ASSETS 20,333
Land and Buildings 30,172
Machinery & Equipment 71,788
Construction In Progress 90
-----------------
Total Fixed Assets 102,050
Accumulated Depreciation (55,999)
-----------------
NET FIXED ASSETS 46,051
Investment In Subsidiaries 0
Investment In European Operations 0
Long-Term Intercompany Receivables 0
Deferred Taxes, Long-Term Asset 0
Other Assets 1,542
-----------------
TOTAL ASSETS $67,926
=================
LIABILITIES AND SHAREHOLDER EQUITY
POST PETITION LIABILITIES
Accounts Payable $1,925
Wages and Salaries (See schedule) 230
Taxes Payable - (See schedule) 193
-----------------
TOTAL POST PETITION LIABILITIES 2,349
SECURED LIABILITIES:
Secured Liabilities - Bank Debt 0
PRE-PETITION LIABILITIES:
TAXES AND OTHER PRIORITY LIABILITIES:
Accrued Income Taxes 0
Accrued Tax - State 0
Accrued Property Taxes (38)
Accrued Workers Comp. 632
Accrued Payroll 118
Accrued Payroll Taxes 0
-----------------
TOTAL TAXES AND OTHER PRIORITY LIABILITIES 712
UNSECURED LIABILITIES
Accounts Payable 7,464
IDR Bonds 0
-----------------
TOTAL UNSECURED LIABILITIES 7,464
OTHER LIABILITIES
Accrued Liabilities 2,498
Total Intercompany Payables 25,981
Notes Payable, Short Term 0
Capital Leases 0
Deferred Taxes - Long-Term Liability 0
Other Long-Term Liabilities 0
-----------------
TOTAL LIABILITIES 39,004
Common Stock 6
Capital In Excess Of Par Value 54,495
Retained Earnings - Pre-Petition (24,414)
Retained Earnings - Post-Petition (1,164)
Equity in European Operations 0
Accumulated Translation Adjustment 0
Minimum Pension Liability Adjustment 0
Unearned Restricted Stock 0
-----------------
TOTAL SHAREHOLDERS' EQUITY 28,922
-----------------
TOTAL LIABILITIES AND EQUITY $67,926
=================
PERIOD ENDED: 10-31-04 INTERMET U.S. HOLDING (COLUMBUS MACHINING) CASE #04-67598
-------------------------
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
9/30/2004 Withheld Deposits 10/31/2004
-------------------------------------------------------------------------------------
Income tax withheld: Federal ($761) ($18,713) $17,713 ($1,761)
Income tax withheld: State (1,859) (9,751) 9,351 (2,259)
Income tax withheld: Local 0 0 0 0
FICA Withheld 3,086 (16,286) 16,261 3,061
Employers FICA (2,723) (17,647) 16,902 (3,468)
Unemployment Tax: Federal (1,426) (124) 104 (1,446)
Unemployment Tax: State (27,057) (522) 442 (27,137)
All Other Payroll W/H (2,363) (2,699) 2,330 (2,732)
State Taxes: Inc./Sales/Use/Excise 0 0 0 0
Property Taxes 630 (18,896) 0 (18,266)
Workers Compensation 0 0 0 0
-------------------------------------------------------------------------------------
Total ($32,474) ($84,638) $63,103 ($54,009)
Wages and Salaries (33,105) (171,577) 184,187 (20,495)
-------------------------------------------------------------------------------------
Grand Total ($65,578) ($256,215) $247,289 ($74,504)
=====================================================================================
Aging of Accounts Receivable
and Post Petition Accounts Payable
Age in Days (Post Petiition) 0-30 Days 30-60 Days Over 60 Days
Accounts Payable $371,090 $0 $0
Accounts Receivable (See attached schedule)
<Table>
<Caption>
ACCOUNTS RECEIVABLE AGING
10/31/04
(000's)
PAST DUE BALANCES
---------------------------------------
TOTAL CURRENT 1 - 30 31 - 60 61 - 90 OVER 90
------ ------- ------ ------- ------- -------
DOMESTIC FERROUS:
- - Archer Creek 7,100 6,700 400 -- -- --
- - Radford 100 -- -- -- -- 100
------ ------ ----- --- --- -----
Lynchburg Foundry, Inc. 7,200 6,700 400 -- -- 100
Columbus Foundry, LP. 25,800 22,700 2,400 400 -- 300
- - Columbus Machining 500 300 200 -- -- --
- - New River 11,700 6,400 4,700 400 100 100
------ ------ ----- --- --- -----
Internet U.S. Holding, Inc. 12,200 6,700 4,900 400 100 100
Wagner Castings Co. 8,743 7,086 700 300 157 500
Wagner Havana, Inc. -- -- -- -- -- --
Northern Castings Corp. 1,542 1,042 400 -- 100 --
LIGHT METALS:
- - Jackson 3,184 2,300 400 200 100 184
- - Minneapolis 7,200 5,000 1,500 200 100 400
------ ------ ----- --- --- -----
Tool Products, Inc. 10,384 7,300 1,900 400 200 584
Diversified Diemakers, Inc. 13,800 9,500 2,000 400 100 1,800
- - Pulaski 3,700 2,400 400 600 200 100
- - Racine Plants 8,700 7,200 500 100 100 800
------ ------ ----- --- --- -----
Ganton Technologies, Inc. 12,400 9,600 900 700 300 900
Castmatic Corporation 5,000 4,600 400 -- -- --
</Table>
PERIOD ENDED: 10-31-04 INTERMET U.S. HOLDING CORP. (NEW RIVER) CASE #04-67598
--------------------------
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
9/30/2004 Withheld Deposits 10/31/2004
-------------------------------------------------------------------------------------
Income tax withheld: Federal $0 ($154,149) $154,149 $0
Income tax withheld: State 0 (54,123) 54,123 0
Income tax withheld: Local 0 0 0 0
FICA Withheld 0 (87,622) 87,622 0
Employers FICA (9,727) (95,540) 87,622 (17,645)
Unemployment Tax: Federal (16,813) (4,125) 0 (20,938)
Unemployment Tax: State (7,028) (13,146) 0 (20,174)
All Other Payroll W/H 0 (40,266) 20,077 (20,189)
State Taxes: Inc./Sales/Use/Excise (36,807) (13,193) 0 (50,000)
Property Taxes (10,854) (8,060) 8,913 (10,000)
Workers Compensation 0 0 0 0
-------------------------------------------------------------------------------------
Total ($81,228) ($470,224) $412,505 ($138,947)
Wages and Salaries (55,495) (926,595) 772,203 (209,888)
-------------------------------------------------------------------------------------
Grand Total ($136,724) ($1,396,819) $1,184,708 ($348,835)
=====================================================================================
Aging of Accounts Receivable
and Post Petition Accounts Payable
Age in Days (Post Petiition) 0-30 Days 30-60 Days Over 60 Days
Accounts Payable $1,554,348 $0 $0
Accounts Receivable (See attached schedule)
<Table>
<Caption>
ACCOUNTS RECEIVABLE AGING
10/31/04
(000's)
PAST DUE BALANCES
------------------------------------------
TOTAL CURRENT 1-30 31-60 61-90 Over 90
------ ------- ---- ----- ----- -------
DOMESTIC FERROUS:
- -Archer Creek 7,100 6,700 400 -- -- --
- -Radford 100 -- -- -- -- 100
------ ------ ----- ---- --- -----
Lynchburg Foundry, Inc. 7,200 6,700 400 -- -- 100
Columbus Foundry, LP. 25,800 22,700 2,400 400 -- 300
- -Columbus Machining 500 300 200 -- -- --
- -New River 11,700 6,400 4,700 400 100 100
------ ------ ----- ---- --- -----
Intermet U.S. Holding, Inc. 12,200 6,700 4,900 400 100 100
Wagner Castings Co. 8,743 7,086 700 300 157 500
Wagner Havana, Inc. -- -- -- -- -- --
Northern Castings Corp. 1,542 1,042 400 -- 100 --
LIGHT METALS:
- -Jackson 3,184 2,300 400 200 100 184
- -Minneapolis 7,200 5,000 1,500 200 100 400
------ ------ ----- ---- --- -----
Tool Products, Inc. 10,384 7,300 1,900 400 200 584
Diversified Diemakers, Inc. 13,800 9,500 2,000 400 100 1,800
- -Pulaski 3,700 2,400 400 600 200 100
- -Racine Plants 8,700 7,200 500 100 100 800
------ ------ ----- ---- --- -----
Ganton Technologies, Inc. 12,400 9,600 900 700 300 900
Castmatic Corporation 5,000 4,600 400 -- -- --
</Table>
INTERMET CORPORATION AND SUBSIDIARIES PERIOD ENDED 10/31/2004
MONTHLY CASH STATEMENT
CASH ACTIVITY ANALYSIS:
CASE # 04-67598
INTERMET U.S. HOLDING (COLUMBUS MACHINING)
-----------------------------------------------------------------------------------
ACCOUNT TYPE LOCKBOX 77420 DEPOSIT AP PR (HOURLY) PR (HOURLY) PR (SALARY)
ACCOUNT # 1477713 5401086409 2770716450 2770716443 505156 2770716633
BANK Bank One Stan. Fed. Stan. Fed. Stan. Fed. Bank One Stan. Fed. TOTAL
BEGINNING BANK BALANCE - - - - - - -
RECEIPTS 169,625 183,578 - - - 2,680 355,883
TRANSFERS IN (CORPORATE) - - 88,446 44,887 141,744 51,112 326,189
DIP INFLOW - - - - - - -
DISBURSEMENTS - - (88,446) (44,887) (141,744) (53,792) (328,869)
TRANSFERS OUT (CORPORATE) (169,625) (183,578) - - - - (353,203)
-------- -------- ------- ------- -------- ------- --------
ENDING BANK BALANCE - - - - - - -
WIRES PAID FOR BY CORPORATE 20,618 20,618
CHECKS ISSUED 224,924
-------
TOTAL DISBURSEMENTS (SEE TOTAL
DISBURSEMENTS RECONCILIATION) 245,542
=======
CHECKS ISSUED 224,924
CHECK CLEARED (88,446)
-------
OUTSTANDING CHECKS (SEE OUTSTANDING CHECKLIST) 136,478
=======
INTERMET U.S. HOLDING, INC. (COLUMBUS MACHINING) CASE NO. 04-67598
CASH DISBURSEMENTS
OCTOBER 2004
TOTAL TOTAL TOTAL
VENDOR CHECKS WIRES DISBURSMENTS
- ------ ------ ----- ------------
ABC PLUMBING $ 98 $ - $ 98
ACUTE CARE EXPRESS - -
A-DERRICK, INC. (ADI) - -
ADP 1,823 1,823
ADVANCE DESIGN - -
ADVANCE TECHNOLOGIES SE - -
AETNA US HEALTHCARE 3,555 3,555
AFLAC 4,681 4,681
AKKO FASTENER, INC. - -
ALL AMERICAN RECYCLING, - -
ALRO SPECIALTY METAL - -
AMA LABELING - -
AMC CARBIDE - -
AMERICAN BUSINESS EQUIP 108 108
AMERICAN PRECISION TOOL - -
ARTHUR WEEMS 2,500 2,500
ATMOS ENERGY - -
AVERY DENNISON - -
BELLSOUTH 223 223
BRADDOCK METALLURGICAL 6,674 5,530 12,204
BRENT INDUSTRIES - -
BROWN & SHARPE - -
BUCKEYE BUSINESS PRODUC - -
CAIL TOOL 2,108 2,108
CARBIDE TOOL SERVICES, - -
CAROLINA EQUIPMENT - -
CASTROLHEAVY DUTY LUBRI 2,454 2,454
CENTRAL PACKAGING CORP 756 756
CHARLES HAYDEN 2,500 2,500
CHATTAHOOCHEE METAL FAB - -
CHEMGARD, INC - -
CHEMSEARCH - -
CHOICEPOINT - -
CINTAS CORPORATION 90 90
COLUMBUS INDUSTRIAL SUP 1,603 1,603
COLUMBUS LIFT SERVICE - -
COLUMBUS WATER WORKS - -
CONSOLIDATED ELECTRICAL - -
CONWAY SOUTHERN 65 65
CUSTOM CRAFT TOOL SERVI 17,007 17,007
CUTTING TOOLS & SERVICE - -
DARRYL KONSLER 3,500 3,500
DELL - -
DELTA AIRLINES 489 489
DEXTER FASTENER TECH., - -
DIXIE INDUSTRIAL FINISHING 188 188
DOWDEL GAS, INC - -
E.C. PRECISION 3,776 3,776
EBCO BATTERY COMPANY - -
ENVIRONMENTAL PARTNERS, - -
INTERMET U.S. HOLDING, INC. (COLUMBUS MACHINING) CASE NO. 04-67598
CASH DISBURSEMENTS
OCTOBER 2004
TOTAL TOTAL TOTAL
VENDOR CHECKS WIRES DISBURSMENTS
- ------ ------ ----- ------------
FANUC AMERICA CORPORATI 2,775 2,775
FLAGSTUFF AMERICA - -
FUTURE LEASING 172 172
G&K SERVICES - -
GE CAPITAL (GA) 1,608 1,608
GEORGIA DEPT OF REVENUE 229 229
GEORGIA POWER COMPANY - -
GLOBAL EXCHANGE SERVICE - -
GRAINGER - -
GREENLEAF TREATMENT SVC - -
HAGEMEYER NORTH AMERICA - -
HARMONY CREEK PEST CONT - -
HOLOX, LTD. 36 36
ICM PETTY CASH - -
INTERSTATE ELECTRIC SUP - -
ITC DELTACOM - -
J & H MACHINE TOOLS INC 8,537 8,537
JAMES OSBORN 2,500 2,500
JOHNSON CONTROLS, INC. - -
KENNAMETAL, INC. 4,822 4,822
KEYENCE CORP. OF AMERIC - -
KGK INTERNATIONAL - -
LAB SAFETY SUPPLY, INC 151 151
LAGRANGE FASTENERS & SU - -
LINA 256 256
LOCHER, INC - -
MATTHEW ALVERSON 1,000 1,000
MATT'S WELDING 2,888 2,888
MCMASTER-CARR - -
MILLER LANDSCAPING 1,427 1,427
MOORE MEDICAL CORPORATI - -
MOTION INDUSTRIES, INC - -
MOTO MAN - -
MSC INDUSTRIAL SUPPLY - -
MUSCOGEE CO.TAX COMMISS 83,502 83,502
NEC 1,040 1,040
OFFICE DEPOT - -
PAGE, SCRANTOM, SPROUSE - -
PEC - -
PHILLIP POWELL 2,000 2,000
PITNEY BOWES INC 93 93
PRODUCTIVITY PRESS - -
PROVIDENT LIFE AND ACCI 1,039 1,039
RACINE - -
RENISHAW, INC. - -
ROBIN COULDRY 49 49
ROBINSON FOUNDRY - -
SAFETY KLEEN CORPORATIO - -
SBA PRODUCTIONS 398 398
SHERWIN WILLIAMS - -
INTERMET U.S. HOLDING, INC. (COLUMBUS MACHINING) CASE NO. 04-67598
CASH DISBURSEMENTS
OCTOBER 2004
TOTAL TOTAL TOTAL
VENDOR CHECKS WIRES DISBURSMENTS
- ------ ------ ----- ------------
SHOE'S N COMPANY - -
SOUTHEASTERN FOUNDRY PR 2,944 2,944
SOUTHERN REWINDING - -
SOUTHERN STATES TOYOTAL 975 975
SOUTHLAND CHEMICAL & SU - -
SPHERION CORPORATION 42,194 42,194
SPW INDUSTRIES - -
STAFFING SOLUTIONS 7,647 7,647
STAR BUSINESS FORMS 105 105
TENNANT - -
THE OVERBY COMPANY - -
TRANSMAN - 15,087 15,087
TRELLEBORG YSH, INC. - -
TRU-KUT, INC. 985 985
TRW - -
VEKTEK 843 843
VERIZON WIRELESS COLUMB - -
VOICE LINK - -
VULCAN ELECTRO-COATING, - -
W.T. HARVEY LUMBER CO. - -
WASTE MANAGEMENT 138 138
WEBER MARKING - -
WESTPORT HARDNESS & GAG - -
XEROX CORPORATION - -
YUSA CORPORATION - -
ZERO CHECK - -
ZIEGLER TOOLS, INC. - -
Oct Check #77948 Booked in Nov. 379 379
--------- -------- ---------
TOTALS $ 224,925 $ 20,617 $ 245,542
Intermet U.S. Holding (Columbus Machining)
Case # 04-67598
CMI - OCTOBER BANK RECONCILIATION
Bank Balance $ 0
Actual Outstanding Checks 136,478
Pre-Petition Checks to be voided in G/L 909.5
Oct Check #77947 Booked in Nov (489.20)
Oct Check #77948 Booked in Nov (378.20)
(42.10)
--------
Unadjusted GL Balance $136,478
========
Intermet U.S. Holding (Columbus Machining)
Case # 04-67598
OUTSTANDING CHECKS
CHECK DATE OUTSTANDING
77686 10/21/2004 810.20
77732 10/1/2004 83,501.98
77795 10/11/2004 228.83
77808 10/14/2004 212.38
77814 10/14/2004 7,693.33
77820 10/18/2004 3,728.25
77821 10/18/2004 630.95
77847 10/20/2004 187.50
77854 10/20/2004 1,829.71
77867 10/21/2004 2,827.64
77870 10/21/2004 93.35
77871 10/21/2004 48.56
77873 10/21/2004 138.04
77878 10/25/2004 6.50
77883 10/25/2004 1,191.12
77884 10/25/2004 468.00
77885 10/25/2004 604.74
77886 10/25/2004 2,774.51
77887 10/25/2004 205.44
77888 10/25/2004 44.22
77894 10/26/2004 399.00
77895 10/26/2004 1,035.80
77896 10/26/2004 45.29
77897 10/26/2004 4,770.91
77902 10/27/2004 98.00
77903 10/27/2004 294.57
77904 10/27/2004 1,338.41
77905 10/27/2004 203.89
77906 10/27/2004 528.36
77907 10/27/2004 984.65
77908 10/27/2004 377.50
77909 10/27/2004 1,003.32
77914 10/28/2004 15.00
77919 10/28/2004 809.76
77920 10/28/2004 230.10
77921 10/28/2004 1,187.50
77922 10/28/2004 974.60
77923 10/28/2004 23.09
77924 10/28/2004 1,039.99
77930 10/29/2004 840.00
77931 10/29/2004 563.84
77932 10/29/2004 67.00
77933 10/29/2004 596.01
77934 10/29/2004 1,458.91
77939 10/29/2004 2,500.00
77940 10/29/2004 2,000.00
77941 10/29/2004 2,500.00
77946 10/29/2004 2,500.00
77947 10/30/2004 489.20
77948 10/30/2004 378.20
----------
Outstanding October Checks 136,478.15
==========
INTERMET CORPORATION AND SUBSIDIARIES PERIOD ENDED 10/31/2004
MONTHLY CASH STATEMENT
CASH ACTIVITY ANALYSIS:
CASE # 04-67598
INTERMET U.S. HOLDINGS (NEW RIVER)
------------------------------------------------------------------------------------
ACCOUNT TYPE LOCKBOX 771170 DEPOSIT AP PR (HOURLY) PR (SALARY)
ACCOUNT # 291513 5401086417 2770716476 2770716468 2770716641
BANK Bank One Stan. Fed. Stan. Fed Stan. Fed. Stan. Fed. TOTAL
BEGINNING BANK BALANCE - - - - - -
RECEIPTS 65,645 602,781 - 1,440 13,712 683,578
TRANSFERS IN (CORPORATE) - - 588,479 821,679 310,122 1,720,280
DIP INFLOW - - - - - -
DISBURSEMENTS - - (588,479 (823,119) (323,835) (1,735,432)
TRANSFERS OUT (CORPORATE) (65,645) (602,781) - - - (668,426)
------- -------- --------- --------- -------- ----------
ENDING BANK BALANCE - - - - - -
WIRES PAID FOR BY CORPORATE 3,216,555 3,376,160
CHECKS ISSUED 823,720
---------
TOTAL DISBURSEMENTS (SEE TOTAL
DISBURSEMENTS RECONCILIATION) 4,040,275
=========
CHECKS ISSUED 823,720
CHECK CLEARED (559,147) (an additional $29,332 of pre-
--------- petition checks cleared)
OUTSTANDING CHECKS (SEE
OUTSTANDING CHECKLIST) 264,573
=========
INTERMET U.S. HOLDING, INC. (NEW RIVER) CASE NO. 04-67598
CASH DISBURSEMENTS
OCTOBER 2004
VENDORNAME OCT CHECKS ISSUED OCT WIRES OCT TOTAL DISBURSMENTS
- ---------- ----------------- --------- ----------------------
ADVANCE TECHNOLOGIES SVC 213.00 - 213.00
ADVANCED CARBIDE TOOL - - -
AEGIS ENVIRONMENTAL INC - - -
AETNA U.S. HEALTHCARE 8,551.85 - 8,551.85
AIR PRODUCTS & CHEMICAL (PA) 4,596.49 - 4,596.49
AIRGAS INC - - -
ANESTHESIOLOGY ASSOCIATES 180.00 - 180.00
APPLIED INDUST. TECH - - -
ARAMARK UNIFORM SERVICES,INC. - - -
ARCET - - -
AT&T - - -
ATMOS ENERGY - - -
ATMOS ENERGY MARKETING LLC - - -
B & S INDUSTRIAL SERVICE, INC. - - -
BEST ONE TIRE - - -
BEST WESTERN RADFORD INN (153.65) - (153.65)
BLUE RIDGE COPIER - - -
BOB'S REFUSE SERVICE INC. - - -
BRANDON SNODGRASS 571.95 - 571.95
BROWNE & SHARPE 1,150.00 - 1,150.00
CANON FINANCIAL SERVICES, INC 534.34 - 534.34
CAROLINA FIREBRICK SPECIALIST, - - -
CARRIER VIBRATING EQUIP INC. 10,090.60 - 10,090.60
CARTER MACHINERY 5,274.60 - 5,274.60
CC METALS AND ALLOYS INC. - 44,726.48 44,726.48
CENTRAL VALLEY RUBBER SERVICES - - -
CHAMPION CHISEL WORKS, INC. 2,772.00 - 2,772.00
CHICAGO FREIGHT CAR LEASING - - -
CITICORP VENDOR FINANCE, INC 444.00 - 444.00
CITY OF RADFORD - - -
CITY OF RADFORD, TREASURER - - -
COMFORT INN RADFORD - - -
COMMONWEALTH OF VIRGINIA 576.73 - 576.73
COOPER,ROBERT W - - -
CRANE AMERICA SERVICES - - -
CTM 950.00 - 950.00
CUTLER-HAMMER INC. - - -
DAVID J JOSEPH COMPANY - 2,380,000.00 2,380,000.00
DETEK INC. 280.00 - 280.00
DISA INDUSTRIES, INC 74,602.20 - 74,602.20
DONNIE'S GARAGE - - -
EIRICH MACHINES - - -
ELKEM METALS INC. - 64,362.98 64,362.98
ENVIRITE OF OHIO 1,892.50 - 1,892.50
FAIRLAWN STORAGE 216.00 - 216.00
FAULKNER IND MAINTENANCE CO. 30,456.48 - 30,456.48
FIRE EQUIPMENT CO.INC. - - -
FORD MOTOR CREDIT - - -
FOSECO INC. - 27,853.20 27,853.20
FRENCH, LYDIA 84.48 - 84.48
H.C. WADE - - -
HA INTERNATIONAL, LLC - 42,680.96 42,680.96
HART METALS, INC. 24,750.00 57,750.00 82,500.00
HEAT TREATING SERVICES 41,878.41 - 41,878.41
HEATH OIL LLC 4,871.47 - 4,871.47
Henley (1,305.00) - (1,305.00)
HENLEY TOOL CORP. 7,075.50 - 7,075.50
HERAEUS ELECTRO NITE CO. 13,709.64 - 13,709.64
HICKMAN, WILLIAMS AND CO 352.00 - 352.00
HIGHLAND PAGING 364.65 - 364.65
HILL AND GRIFFITH CO. - 173,586.20 173,586.20
HOLSTON RIVER QUARRY - - -
HOWELL, DOUG 430.66 - 430.66
INDUCTOTHERM CORP. 12,950.22 - 12,950.22
INDUSTRIAL POWDER COATINGS 45,718.63 - 45,718.63
INDUSTRIAL SUPPLY CORP 201,153.63 - 201,153.63
INTERNATIONAL SURFACE PREP 610.56 - 610.56
INTERSTATE CONSTRUCTION 1,160.00 - 1,160.00
IPC (24.83) - (24.83)
ISC 210.60 - 210.60
KWIK KAFE CO 57.40 - 57.40
L. H. CORP 488.00 - 488.00
LABORATORY CORP OF AMERICA - - -
LEADING EDGE ENTERPRISES, INC. 46,950.00 - 46,950.00
LECTRO THERM 27,782.50 - 27,782.50
LIFT ONE/DIVISION CAROLINA TRA - - -
LINA 74.00 - 74.00
MANPOWER INC 11,177.70 - 11,177.70
MCC, INC 9,378.00 - 9,378.00
McCombs (113.35) - (113.35)
MCCOMBS, J. BRENT 113.35 - 113.35
INTERMET U.S. HOLDING, INC. (NEW RIVER) CASE NO. 04-67598
CASH DISBURSEMENTS
OCTOBER 2004
VendorName OCT CHECKS ISSUED OCT WIRES OCT TOTAL DISBURSMENTS
- ---------- ----------------- --------- ----------------------
MCELROY,JOHN C - - -
METEC INC 22,500.00 - 22,500.00
METOKOTE CORPORATION 34,026.72 - 34,026.72
MILLER AND COMPANY LLC - 240,879.93 240,879.93
MOODY, DWAYNE 109.32 - 109.32
MOORE SPECIALTY 14,940.00 - 14,940.00
MORRIS MATERIAL HANDLING 2,561.00 - 2,561.00
MOUNTAIN SPRINGS (120.00) - (120.00)
MYOPTICS EYEWEAR (540.00) - (540.00)
NASH ENGINEERING 9,719.00 - 9,719.00
NECESSARY OIL COMPANY - - -
NEW RIVER GLASS 1,039.20 - 1,039.20
NEW RIVER SOLID WASTE MGT 2,247.06 - 2,247.06
NEW RIVER VALLEY RENT-ALL - - -
NORFOLK SOUTHERN (NC) - - -
OMNISOURCE FT - 51,908.94 51,908.94
PATTERN SERVICES - - -
PIEDMONT FOUNDRY SUPPLY INC 676.00 - 676.00
PORTER WARNER INDUSTRIES 4,442.53 4,482.53 8,925.06
POTOMAC ENVIRONMENTAL, INC. - - -
PROCHEM ANALYTICAL INCORPORATE - - -
PROFORMA - - -
PROVIDENT LIFE & ACCIDENT 2,018.94 - 2,018.94
PULASKI CIRCUIT COURT 255.91 - 255.91
PULASKI COMBINED COURT 908.00 - 908.00
PULASKI GENERAL DIST COURT 120.32 - 120.32
QUIKSTAFF 189.76 - 189.76
RADFORD CITY FLORIST, INC. 112.25 - 112.25
RADFORD COMBINED COURT 91.90 - 91.90
Radford Hose (175.64) - (175.64)
RADFORD HOSE & FITTING (75.41) - (75.41)
RADFORD STORAGE 160.00 - 160.00
RADIOLOGY CONSULTANTS INC - - -
REBECCA B CONNELLY, TRUSTEE 1,500.00 - 1,500.00
REDDY ICE-CASSCO 128.70 - 128.70
REFCO INC 11,616.00 5,808.00 17,424.00
RITENOUR,GINNY 68.00 - 68.00
ROBERTS SINTO CORPORATION 23,058.05 - 23,058.05
SAFETY & COMPLIANCE - - -
SANDMOLD SYSTEMS INC 189.60 - 189.60
SAVEITNOW - - -
SECURITY FORCES INC 1,974.10 - 1,974.10
SIMMS,DAVID 834.46 - 834.46
SIMPSON, WILLIAM A 858.20 - 858.20
SOWERS, VICTORIA M. 620.00 - 620.00
STRONG'S, INC. - - -
SUBURBAN PROPANE 6,956.04 - 6,956.04
T K GROUP INC - - -
TATE ENGINEERING INC - - -
THOMAS TENNIN 1,134.34 - 1,134.34
Thompson (24.56) - (24.56)
THOMPSON, THERESA 24.56 - 24.56
TJ'S TRUCK & AUTO SERVICE - - -
TOMLIN, LINDA 35.25 - 35.25
TRANSMAN EFT - 61,900.98 61,900.98
TWO WAY RADIO INC - - -
UNITED INDUSTRIAL SERVICES (5,467.79) - (5,467.79)
UNITED REFRACTORIES COMPANY 32,487.70 - 32,487.70
UNITED WAY OF MONTGOMERY-SAL 210.00 - 210.00
VA. DEPT OF TAXATION 20,616.66 - 20,616.66
VERIZON (17577) 79.38 - 79.38
VIRGINIA DEPT OF TAXATION 690.00 - 690.00
W. MATTHEW SKEWES, MD 4,576.00 - 4,576.00
W.E.L. INC. - - -
WADE,PERRY 120.61 - 120.61
WEDRON SILICA-FAIRMOUNT - 70,250.45 70,250.45
WESTMORELAND ADVANCED MATERIAL - - -
WHEELABRATOR ABRASIVES INC - 14,410.00 14,410.00
WILLIAM A. KIBBE & ASSOCIATES, 75.00 - 75.00
YALE INSPECTION SERVICES 9,009.68 - 9,009.68
--------- ----------- -----------
$ 799,674 $ 3,240,601 $ 4,040,275
INTERMET U.S. HOLDING, INC.
CASE NO. 04-67598
NEW RIVER - OCTOBER BANK RECONCILIATION
Bank Balance -
Actual Outstanding Checks 264,572.89
Outstanding P/R Checks -
----------
Book Balance 264,572.89
NEW RIVER
OUTSTANDING CHECKS
CASE NO. 04-67598
CHECK DATE OUTSTANDING
103017 10/6/2004 84.48
103018 10/6/2004 24,750.00
103028 10/6/2004 4,442.53
103029 10/6/2004 908.00
103122 10/14/2004 180.00
103161 10/19/2004 108.00
103162 10/19/2004 1,775.16
103194 10/20/2004 30,456.48
103212 10/22/2004 576.73
103226 10/22/2004 1,041.35
103228 10/22/2004 210.00
103229 10/22/2004 12,483.81
103237 10/25/2004 4,676.10
103247 10/26/2004 598.50
103249 10/26/2004 133.00
103253 10/26/2004 8,132.85
103041 10/27/2004 350.00
103259 10/27/2004 213.00
103260 10/27/2004 1,150.00
103261 10/27/2004 2,772.00
103262 10/27/2004 950.00
103263 10/27/2004 1,892.50
103264 10/27/2004 108.00
103265 10/27/2004 1,233.25
103266 10/27/2004 1,880.00
103267 10/27/2004 1,311.24
103268 10/27/2004 3,222.53
103269 10/27/2004 1,160.00
103270 10/27/2004 488.00
103271 10/27/2004 1,867.32
103272 10/27/2004 2,561.00
103273 10/27/2004 45.00
103274 10/27/2004 750.00
103275 10/27/2004 128.70
103276 10/27/2004 310.00
103277 10/27/2004 2,158.47
103278 10/27/2004 92.99
103279 10/27/2004 2,793.59
103280 10/27/2004 79.38
103281 10/27/2004 345.00
103282 10/27/2004 2,640.00
103283 10/27/2004 75.00
103284 10/27/2004 2,241.36
103288 10/27/2004 27,196.66
103289 10/27/2004 46,950.00
103296 10/28/2004 290.00
103297 10/28/2004 2,625.27
103298 10/28/2004 3,792.83
103299 10/28/2004 4,425.33
103300 10/28/2004 1,867.32
103306 10/29/2004 8,072.48
103307 10/29/2004 280.00
103308 10/29/2004 1,082.00
103309 10/29/2004 352.00
103310 10/29/2004 3,488.83
103311 10/29/2004 16,583.67
103312 10/29/2004 610.56
103313 10/29/2004 12,607.50
103314 10/29/2004 2,250.00
103315 10/29/2004 1,867.32
103316 10/29/2004 5,808.00
103317 10/29/2004 189.60
103318 10/29/2004 858.20
---------
October outstanding checks 264,572.89
==========
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: October 31, 2004
The following information is to be provided for each shareholder, officer,
director, manager, insider, or owner that is employed by the debtor in
possession. (Attach additional pages if necessary.)
<Table>
Intermet U.S. Holding, Inc.
NAME: Case Number: 04-67598 CAPACITY: Shareholder
--------------------------- -----------
Officer
-----------
Director
-----------
Insider
-----------
</Table>
Management and other insider compensation are maintained at Intermet
Corporation. Please see Intermet Corporation (Case #04-67597) for all insider
compensation/payments.
-------------------------------------------------------
- -----------------------------------------------------------------------------
- -----------------------------------------------------------------------------
CURRENT COMPENSATION PAID: Weekly or Monthly
------------ -------------
CURRENT BENEFITS PAID: Weekly or Monthly
Health Insurance
------------ -------------
Life Insurance
------------ -------------
Retirement
------------ -------------
Company Vehicle
------------ -------------
Entertainment
------------ -------------
Travel
------------ -------------
Other Benefits
------------ -------------
Total Benefits
------------ -------------
CURRENT OTHER BENEFITS PAID: Weekly or Monthly
Rent Paid
------------ -------------
Loans
------------ -------------
Other (Describe)
------------ -------------
Other (Describe)
------------ -------------
Other (Describe)
------------ -------------
Total Other Payments
------------ -------------
CURRENT TOTAL OF ALL PAYMENTS: Weekly or Monthly
$0
------------ -------------
----------------------------------------
PRINCIPAL, OFFICER, DIRECTOR, OR INSIDER
DATED:
-------------------
Form 6
Intermet Corporation and Subsidiaries Intermet U.S. Holding, Inc.
Schedule of In-Force Insurance Case Number: 04-67598
POLICY COVERAGE CARRIER POLICY PERIOD
- ----------------------------- ---------------------------- ----------------------------
Property Lloyds 11/1/04-11/01/05
Boiler/Machine Hartford 11/1/04-11/01/05
Cargo Fireman's Fund 11/1/04-11/01/05
Truck Cargo Fireman's Fund 11/1/04-11/01/05
Aviation USAIG 11/1/04-11/01/05
Fiduciary St. Paul 11/1/04-11/01/05
Primary D&O St. Paul 11/1/04-11/01/05
Excess D&O Chubb 11/1/04-11/01/05
Side A Platte River 11/1/04-11/01/05
Crime Gulf 11/1/04-12/1/04
General Liability Liberty Mutual 11/1/04-12/22/04
Umbrella National Union 11/1/04-12/22/04
Work Comp Liberty Mutual 11/1/04-12/22/04
Excess Work Comp Liberty Mutual 11/1/04-12/22/04
Auto Liberty Mutual 11/1/04-12/22/04
Foreign (DIC) Liberty Mutual 11/1/04-12/22/04
UNITED STATES BANKRUPTCY COURT
FOR THE EASTERN DISTRICT OF MICHIGAN
TRANSMITTAL OF FINANCIAL REPORTS AND
CERTIFICATION OF COMPLIANCE WITH UNITED STATES TRUSTEE
OPERATING REQUIREMENTS FOR
THE PERIOD ENDED: October 31, 2004
------------------
IN RE:
Intermet Corporation, et al
CASE NUMBER: 04-67603
Chapter 11
Ironton Iron, Inc. Judge: Marci B. McIvor
- ---------------------------------------/
Debtor
As debtor in possession, I affirm:
1. That I have reviewed the financial statements attached hereto, consisting of:
X Operating Statement (Form 2)
---
X Balance Sheet (Form 3)
---
X Summary of Operations (Form 4)
---
X Monthly Cash Statement (Form 5)
---
X Statement of Compensation (Form 6)
---
X Schedule of In-Force Insurance (Form 7)
---
and that they have been prepared in accordance with normal and customary
accounting practices, and fairly and accurately reflect the debtor's financial
activity for the period stated;
2. That the insurance, including workers' compensation and unemployment
insurance, as described in Section 5 of the Operating Instructions
and Reporting Requirements For Chapter 11 Cases is in effect; and,
(If not, attach a written explanation) YES X NO
--- ---
3. That all post-petition taxes as described in Section 9 of the Operating
Instructions and Reporting Requirements For Chapter 11 cases are current.
(If not, attach a written explanation) YES X NO
--- ---
4. No professional fees (attorney, accountant, etc.) have been paid without
specific court authorization.
(If not, attach a written explanation) YES X NO
--- ---
5. All United States Trustee Quarterly fees have been paid and are current.
YES X NO
--- ---
6. Have you filed your pre-petition tax returns.
(If not, attach a written explanation) YES X NO
--- ---
I hereby certify, under penalty of perjury, that the information provided above
and in the attached documents is true and correct to the best of my information
and belief.
/s/ Robert E. Belts
Dated: December 3, 2004 ------------------------------------------------
------------------ Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- -----------------------
Title Phone
Form 1
Intermet Corporation and Subsidiaries
Operating Statement Case #04-67603
For the Month Ended 10-31-04 Ironton
(000's) Iron
---------------------------------------------
Current Month Total Since Filing
--------------------- ---------------------
Net Sales $0 $0
Cost of Goods Sold
Materials and Freight 0 0
Wages - Hourly 0 0
Wages-Salary 0 0
Employee Benefits and Pension 0 0
Repairs & Maintenance 0 0
Supplies 0 0
Utilities 0 0
Purchased Components/Services 0 0
Income(loss) from Pattern Sales 0 0
Fixed Asset - (gain/loss) 0 0
MIS Expense 0 0
Travel & Entertainment 0 0
Other Variable Costs 11 11
Depreciation & Amortization 0 0
Other Allocated Fixed Costs 0 0
Other Fixed Costs 0 0
--------------------- ---------------------
Cost of Goods Sold 11 11
Gross Profit (11) (11)
Plant SG&A Expense 0 0
SG&A Expense - Allocation (Sched 1) 0 0
Other Operating Expenses 0 0
--------------------- ---------------------
Total Operating Expenses 0 0
Operating Profit (11) (11)
Outside Interest Income 0 0
Outside Interest (Expense) 0 0
Intercompany Interest Income 0 0
Intercompany Interest (Expense) 0 0
Charges (From) Affiliates 0 0
Charges To Affiliates 0 0
Income From European Subsidiary 0 0
Other Income/(Expense) 0 0
--------------------- ---------------------
Total Non-Operating Expenses 0 0
Income Before Income Taxes (11) (11)
Income Tax Expense 0 0
--------------------- ---------------------
Net Income ($11) ($11)
===================== =====================
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs (October)
(Allocation of Corporate Costs to Filing Entities)
October
----------
Officer Compensation $ 196,042
Salary Expense other Employees 802,961
Employee Benefits and Pension 133,527
Payroll Taxes 43,948
Other Taxes 6,922.86
Rent and Lease Expense 180,971
Interest Expense
Insurance 69,363
Automobile and Truck Expense 2,695
Utilities(Gas Electric,Phone) 47,700
Depreciation 89,205
Travel and Entertainment 70,376
Repairs and Maintenance 53,523
Advertising/Promotion 0
Supplies, Office Expense 24,275
OTHER:
Contributions 0
Professional Fees - Audit/Tax 131,192
Bank Fees 17,576
Public Reporting Fees 16,000
Employee Relocation/Training 2,850
Data Processing 28,029
Dues and Subscriptions 7,328
Outside Services 311,339
Project Development Costs net of Billings 56,285
Director Fees (144,667)
Miscellaneous (158,119)
Professional Fees - Bankruptcy 2,643,198
Cost Allocation - Out (227,787)
----------
$4,404,731
==========
Allocation:
Wagner Castings $ 177,312
Northern Castings 46,825
Ironton Iron 0
Lynchburg Foundry 179,333
Columbus Foundry 290,418
Wagner Havana 0
Intermet U.S. Holdings 240,779
Cast-Matic Corp. 76,250
Diversified Diemakers 239,650
Ganton Technologies 155,833
Tool Products 127,416
Intermet Corporation 2,870,915
----------
Total $4,404,731
==========
Intermet Corporation and Subsidiaries
Balance Sheet As Of 10-31-04
(000's)
Case #04-67603
Ironton
Iron
---------------
Cash And Equivalents $ 0
Accounts Receivable 0
Short-Term Intercompany Receivables 0
Inventories 0
Other Current Assets 0
---------------
TOTAL CURRENT ASSETS 0
Land and Buildings 0
Machinery & Equipment 0
Construction In Progress 0
---------------
Total Fixed Assets 0
Accumulated Depreciation 0
---------------
NET FIXED ASSETS 0
Investment In Subsidiaries 0
Investment In European Operations 0
Long-Term Intercompany Receivables 0
Deferred Taxes, Long-Term Asset 0
Other Assets 341
---------------
TOTAL ASSETS $ 341
===============
LIABILITIES AND SHAREHOLDER EQUITY
POST PETITION LIABILITIES
Accounts Payable $ 0
Wages and Salaries (See schedule) 0
Taxes Payable - (See schedule) 0
---------------
TOTAL POST PETITION LIABILITIES 0
SECURED LIABILITIES:
Secured Liabilities - Bank Debt 0
PRE-PETITION LIABILITIES:
TAXES AND OTHER PRIORITY LIABILITIES:
Accrued Income Taxes 0
Accrued Tax - State 0
Accrued Property Taxes 0
Accrued Workers Comp. 751
Accrued Payroll 0
Accrued Payroll Taxes 0
---------------
TOTAL TAXES AND OTHER PRIORITY LIABILITIES 751
UNSECURED LIABILITIES
Accounts Payable 1
IDR Bonds 0
---------------
TOTAL UNSECURED LIABILITIES 1
OTHER LIABILITIES
Accrued Liabilities 0
Total Intercompany Payables 33,285
Notes Payable, Short Term 0
Capital Leases 0
Retirement Benefits 0
Deferred Taxes - Long-Term Liability 0
Other Long-Term Liabilities 0
---------------
TOTAL LIABILITIES 34,037
Common Stock 0
Capital In Excess Of Par Value 49,000
Retained Earnings - Pre-Petition (82,685)
Retained Earnings - Post- Petition (11)
Equity in European Operations 0
Accumulated Translation Adjustment 0
Minimum Pension Liability Adjustment 0
Unearned Restricted Stock 0
---------------
TOTAL SHAREHOLDERS' EQUITY (33,696)
---------------
TOTAL LIABILITIES AND EQUITY $ 341
===============
PERIOD ENDED: 10-31-04 IRONTON IRON, INC. CASE #04-67603
--------------------------
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
9/30/2004 Withheld Deposits 10/31/2004
------------------------------------------------------------------------------
Income tax withheld: Federal $0 $0 $0 $0
Income tax withheld: State $0 $0 $0 $0
Income tax withheld: Local $0 $0 $0 $0
FICA Withheld $0 $0 $0 $0
Employers FICA $0 $0 $0 $0
Unemployment Tax: Federal $0 $0 $0 $0
Unemployment Tax: State $0 $0 $0 $0
All Other Payroll W/H $0 $0 $0 $0
$0 $0 $0 $0
State Taxes: Inc./Sales/Use/Excise $0 $0 $0 $0
Property Taxes $0 $0 $0 $0
$0
Workers Compensation 0 0 0 0
------------------------------------------------------------------------------
Total $0 $0 $0 $0
Wages and Salaries 0 0 0 0
------------------------------------------------------------------------------
Grand Total $0 $0 $0 $0
==============================================================================
Aging of Accounts Receivable
and Post Petition Accounts Payable
Age in Days (Post Petiition) 0-30 Days 30-60 Days Over 60 Days
Accounts Payable $0 $0 $0
Accounts Receivable $0 $0 $0
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: October 31, 2004
The following information is to be provided for each shareholder, officer,
director, manager, insider, or owner that is employed by the debtor in
possession. (Attach additional pages if necessary.)
Ironton Iron, Inc.
NAME: Case Number: 04-67603 CAPACITY: ________ Shareholder
________ Officer
________ Director
________ Insider
Management and other insider compensation are maintained at Intermet
Corporation. Please see Intermet Corporation (Case #04-67597) for all insider
compensation/payments. ________________________________________________________
_______________________________________________________________________________
_______________________________________________________________________________
<Table>
CURRENT COMPENSATION PAID: Weekly or Monthly
______ _______
CURRENT BENEFITS PAID: Weekly or MONTHLY
Health Insurance ______ _______
Life Insurance ______ _______
Retirement ______ _______
Company Vehicle ______ _______
Entertainment ______ _______
Travel ______ _______
Other Benefits ______ _______
Total Benefits ______ _______
CURRENT OTHER PAYMENTS PAID: Weekly or Monthly
Rent Paid ______ _______
Loans ______ _______
Other (Describe) ______ _______
Other (Describe) ______ _______
Other (Describe) ______ _______
Total Other Payments ______ _______
CURRENT TOTAL OF ALL PAYMENTS: Weekly or Monthly
$0
______ _______
DATED: __________ ________________________________________
PRINCIPAL, OFFICER, DIRECTOR, OR INSIDER
FORM 6
Intermet Corporation and Subsidiaries Ironton Iron, Inc.
Schedule of In-Force Insurance Case Number: 04-67603
POLICY COVERAGE CARRIER POLICY PERIOD
- ----------------------------- ---------------------------- ----------------------------
Property Lloyds 11/1/04-11/01/05
Boiler/Machine Hartford 11/1/04-11/01/05
Cargo Fireman's Fund 11/1/04-11/01/05
Truck Cargo Fireman's Fund 11/1/04-11/01/05
Aviation USAIG 11/1/04-11/01/05
Fiduciary St. Paul 11/1/04-11/01/05
Primary D&O St. Paul 11/1/04-11/01/05
Excess D&O Chubb 11/1/04-11/01/05
Side A Platte River 11/1/04-11/01/05
Crime Gulf 11/1/04-12/1/04
General Liability Liberty Mutual 11/1/04-12/22/04
Umbrella National Union 11/1/04-12/22/04
Work Comp Liberty Mutual 11/1/04-12/22/04
Excess Work Comp Liberty Mutual 11/1/04-12/22/04
Auto Liberty Mutual 11/1/04-12/22/04
Foreign (DIC) Liberty Mutual 11/1/04-12/22/04
UNITED STATES BANKRUPTCY COURT
FOR THE EASTERN DISTRICT OF MICHIGAN
TRANSMITTAL OF FINANCIAL REPORTS AND
CERTIFICATION OF COMPLIANCE WITH UNITED STATES TRUSTEE
OPERATING REQUIREMENTS FOR
THE PERIOD ENDED: October 31, 2004
------------------
IN RE:
Intermet Corporation, et al
CASE NUMBER: 04-67606
Chapter 11
Lynchburg Foundry, Inc. Judge: Marci B. McIvor
- ---------------------------------------/
Debtor
As debtor in possession, I affirm:
1. That I have reviewed the financial statements attached hereto, consisting of:
X Operating Statement (Form 2)
---
X Balance Sheet (Form 3)
---
X Summary of Operations (Form 4)
---
X Monthly Cash Statement (Form 5)
---
X Statement of Compensation (Form 6)
---
X Schedule of In-Force Insurance (Form 7)
---
and that they have been prepared in accordance with normal and customary
accounting practices, and fairly and accurately reflect the debtor's financial
activity for the period stated;
2. That the insurance, including workers' compensation and unemployment
insurance, as described in Section 5 of the Operating Instructions
and Reporting Requirements For Chapter 11 Cases is in effect; and,
(If not, attach a written explanation) YES X NO
--- ---
3. That all post-petition taxes as described in Section 9 of the Operating
Instructions and Reporting Requirements For Chapter 11 cases are current.
(If not, attach a written explanation) YES X NO
--- ---
4. No professional fees (attorney, accountant, etc.) have been paid without
specific court authorization.
(If not, attach a written explanation) YES X NO
--- ---
5. All United States Trustee Quarterly fees have been paid and are current.
YES X NO
--- ---
6. Have you filed your pre-petition tax returns.
(If not, attach a written explanation) YES X NO
--- ---
I hereby certify, under penalty of perjury, that the information provided above
and in the attached documents is true and correct to the best of my information
and belief.
/s/ Robert E. Belts
Dated: December 3, 2004 ------------------------------------------------
------------------ Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- -----------------------
Title Phone
Form 1
Intermet Corporation and Subsidiaries
Operating Statement
For the Month Ended 10-31-04
(000's)
Case #04-67606
Lynchburg Foundries
------------------------------------
Current Month Total Since Filing
--------------- ------------------
Net Sales $ 8,131 $ 8,131
Cost of Goods Sold
Materials and Freight 4,296 4,296
Wages - Hourly 1,360 1,360
Wages-Salary 320 320
Employee Benefits and Pension 878 878
Repairs & Maintenance 354 354
Supplies 588 588
Utilities 245 245
Purchased Components/Services 265 265
Income(loss) from Pattern Sales 1 1
Fixed Asset - (gain/loss) 0 0
MIS Expense 41 41
Travel & Entertainment 0 0
Other Variable Costs 339 339
Depreciation & Amortization 214 214
Other Allocated Fixed Costs 0 0
Other Fixed Costs 124 124
--------------- ---------------
Cost of Goods Sold 9,025 9,025
Gross Profit (894) (894)
Plant SG&A Expense 0 0
SG&A Expense - Allocation (Sched 1) 179 179
Other Operating Expenses 0 0
--------------- ---------------
Total Operating Expenses 179 179
--------------- ---------------
Operating Profit (1,073) (1,073)
Outside Interest Income 0 0
Outside Interest (Expense) 0 0
Intercompany Interest Income 0 0
Intercompany Interest (Expense) (11) (11)
Charges (From) Affiliates 0 0
Charges To Affiliates 0 0
Income From European Subsidiary 0 0
Other Income/(Expense) 0 0
--------------- ---------------
Total Non-Operating Expenses (11) (11)
Income Before Income Taxes (1,085) (1,085)
Income Tax Expense 0 0
--------------- ---------------
Net Income $ (1,085) $ (1,085)
=============== ===============
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs (October)
(Allocation of Corporate Costs to Filing Entities)
October
----------
Officer Compensation $ 196,042
Salary Expense other Employees 802,961
Employee Benefits and Pension 133,527
Payroll Taxes 43,948
Other Taxes 6,922.86
Rent and Lease Expense 180,971
Interest Expense
Insurance 69,363
Automobile and Truck Expense 2,695
Utilities(Gas Electric,Phone) 47,700
Depreciation 89,205
Travel and Entertainment 70,376
Repairs and Maintenance 53,523
Advertising/Promotion 0
Supplies, Office Expense 24,275
OTHER:
Contributions 0
Professional Fees - Audit/Tax 131,192
Bank Fees 17,576
Public Reporting Fees 16,000
Employee Relocation/Training 2,850
Data Processing 28,029
Dues and Subscriptions 7,328
Outside Services 311,339
Project Development Costs net of Billings 56,285
Director Fees (144,667)
Miscellaneous (158,119)
Professional Fees - Bankruptcy 2,643,198
Cost Allocation - Out (227,787)
----------
$4,404,731
==========
Allocation:
Wagner Castings $ 177,312
Northern Castings 46,825
Ironton Iron 0
Lynchburg Foundry 179,333
Columbus Foundry 290,418
Wagner Havana 0
Intermet U.S. Holdings 240,779
Cast-Matic Corp. 76,250
Diversified Diemakers 239,650
Ganton Technologies 155,833
Tool Products 127,416
Intermet Corporation 2,870,915
----------
Total $4,404,731
==========
Intermet Corporation and Subsidiaries
Balance Sheet As Of 10-31-04
(000's)
Case #04-67606
Lynchburg Foundries
-------------------
Cash And Equivalents $0
Accounts Receivable 6,599
Short-Term Intercompany Receivables 4
Inventories 4,246
Other Current Assets 12
--------------
TOTAL CURRENT ASSETS 10,861
Land and Buildings 21,069
Machinery & Equipment 60,870
Construction In Progress 287
--------------
Total Fixed Assets 82,226
Accumulated Depreciation (66,653)
--------------
NET FIXED ASSETS 15,572
Investment In Subsidiaries 0
Investment In European Operations 0
Long-Term Intercompany Receivables 5,651
Deferred Taxes, Long-Term Asset 0
Other Assets 240
--------------
TOTAL ASSETS $32,324
==============
LIABILITIES AND SHAREHOLDER EQUITY
POST PETITION LIABILITIES
Accounts Payable $571
Wages and Salaries (See schedule) 495
Taxes Payable - (See schedule) 295
--------------
TOTAL POST PETITION LIABILITIES 1,360
SECURED LIABILITIES:
Secured Liabilities - Bank Debt 0
PRE-PETITION LIABILITIES:
TAXES AND OTHER PRIORITY LIABILITIES:
Accrued Income Taxes 0
Accrued Tax - State 0
Accrued Property Taxes 227
Accrued Workers Comp. 1,908
Accrued Payroll 0
Accrued Payroll Taxes 0
--------------
TOTAL TAXES AND OTHER PRIORITY LIABILITIES 2,135
UNSECURED LIABILITIES
Accounts Payable 7,539
IDR Bonds 0
--------------
TOTAL UNSECURED LIABILITIES 7,539
OTHER LIABILITIES
Accrued Liabilities 2,678
Total Intercompany Payables 10
Notes Payable, Short Term 0
Capital Leases 0
Retirement Benefits (1,065)
Deferred Taxes - Long-Term Liability 0
Other Long-Term Liabilities 2,341
--------------
TOTAL LIABILITIES 14,997
Common Stock 0
Capital In Excess Of Par Value 0
Retained Earnings - Pre-Petition 18,411
Retained Earnings - Post- Petition (1,085)
Equity in European Operations 0
Accumulated Translation Adjustment 0
Minimum Pension Liability Adjustment 0
Unearned Restricted Stock 0
--------------
TOTAL SHAREHOLDERS' EQUITY 17,327
--------------
TOTAL LIABILITIES AND EQUITY $32,324
==============
PERIOD ENDED: 10-31-04 LYNCHBURG FOUNDRY (ARCHER CREEK) CASE #04-67606
------------------------
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
9/30/2004 Withheld Deposits 10/31/2004
-------------------------------------------------------------------------------------
Income tax withheld: Federal $0 ($199,631) $199,631 $0
Income tax withheld: State 0 (77,099) 77,099 0
Income tax withheld: Local 0 0 0 0
FICA Withheld 0 (124,971) 124,212 (760)
Employers FICA (1,293) (135,434) 80,056 (56,671)
Unemployment Tax: Federal (7,247) (215) 0 (7,462)
Unemployment Tax: State (14,714) (1,213) 0 (15,927)
All Other Payroll W/H (1,485) (85,482) 56,121 (30,846)
State Taxes: Inc./Sales/Use/Excise (36,750) (3,000) 0 (39,750)
Property Taxes (860) (25,777) 0 (26,637)
Workers Compensation 0 (35,500) 0 (35,500)
-------------------------------------------------------------------------------------
Total ($62,350) ($688,322) $537,119 ($213,552)
Wages and Salaries (133,885) (1,451,320) 1,090,361 (494,844)
-------------------------------------------------------------------------------------
Grand Total ($196,234) ($2,139,642) $1,627,480 ($708,396)
=====================================================================================
Aging of Accounts Receivable
and Post Petition Accounts Payable
Age in Days (Post Petiition) 0-30 Days 30-60 Days Over 60 Days
Accounts Payable $570,707 $0 $0
Accounts Receivable (See attached schedule)
<Table>
<Caption>
ACCOUNTS RECEIVABLE AGING
10/31/04
(000's)
PAST DUE BALANCES
---------------------------------------
TOTAL CURRENT 1 - 30 31 - 60 61 - 90 OVER 90
------ ------- ------ ------- ------- -------
DOMESTIC FERROUS:
- - Archer Creek 7,100 6,700 400 -- -- --
- - Radford 100 -- -- -- -- 100
------ ------ ----- --- --- -----
Lynchburg Foundry, Inc. 7,200 6,700 400 -- -- 100
Columbus Foundry, LP. 25,800 22,700 2,400 400 -- 300
- - Columbus Machining 500 300 200 -- -- --
- - New River 11,700 6,400 4,700 400 100 100
------ ------ ----- --- --- -----
Intermet U.S. Holding, Inc. 12,200 6,700 4,900 400 100 100
Wagner Castings Co. 8,743 7,086 700 300 157 500
Wagner Havana, Inc. -- -- -- -- -- --
Northern Castings Corp. 1,542 1,042 400 -- 100 --
LIGHT METALS:
- - Jackson 3,184 2,300 400 200 100 184
- - Minneapolis 7,200 5,000 1,500 200 100 400
------ ------ ----- --- --- -----
Tool Products, Inc. 10,384 7,300 1,900 400 200 584
Diversified Diemakers, Inc. 13,800 9,500 2,000 400 100 1,800
- - Pulaski 3,700 2,400 400 600 200 100
- - Racine Plants 8,700 7,200 500 100 100 800
------ ------ ----- --- --- -----
Ganton Technologies, Inc. 12,400 9,600 900 700 300 900
Castmatic Corporation 5,000 4,600 400 -- -- --
</Table>
INTERMET CORPORATION AND SUBSIDIARIES PERIOD ENDED
MONTHLY CASH STATEMENT
CASH ACTIVITY ANALYSIS:
CASE # 04-67606
LYNCHBURG FOUNDRIES - ARCHER CREEK
-----------------------------------------------------------------------------
ACCOUNT TYPE LOCKBOX 77314 DEPOSIT AP PR (HOURLY) PR (SALARY) TOTAL
ACCOUNT # 1599583 5401086466 2770716393 2770716385 2770716690
BANK Bank One Stan. Fed. Stan. Fed. Stan. Fed. Stan. Fed.
BEGINNING BANK BALANCE - - - - - -
RECEIPTS 2,378 865,932 - 4,672 9,247.33 882,229
TRANSFERS IN (CORPORATE) - - 455,607 1,238,870 304,703.76 1,999,181
DIP INFLOW -
DISBURSEMENTS - - (455,607) (1,243,542) (313,951) (2,013,101)
TRANSFERS OUT (CORPORATE) (2,378) (865,932) - - - (868,310)
------ -------- -------- --------- -------- ---------
ENDING BANK BALANCE - - - - - -
WIRES PAID FOR BY CORPORATE 5,014,075 4,861,123
CHECKS ISSUED 900,921
---------
TOTAL DISBURSEMENTS (SEE TOTAL
DISBURSEMENTS RECONCILIATION) 5,914,996
=========
CHECKS ISSUED 900,921
CHECK CLEARED (455,607)
---------
OUTSTANDING CHECKS (SEE
OUTSTANDING CHECKLIST) 445,314
=========
LYNCHBURG FOUNDRY, INC. (ARCHER CREEK) CASE NO. 04-67606
CASH DISBURSEMENTS
OCTOBER 2004
OCT CHECKS OCT WIRES OCT TOTAL
VENDOR ISSUED ISSUED DISBURSEMENTS
- ----------------------------- ---------- ------------ ------------
ADVANCED CONTROL PRODUCTS 106.25 106.25
AETNA U.S. HEALTHCARE 13,595.88 13,595.88
AFP INDUSTRIES 1,532.27 1,532.27
ALABAMA BY-PRODUCTS 417,052.72 417,052.72
ALLTEL 379.36 379.36
ALT CONTROLS 96.40 96.40
AMERIGAS - LYNCHBURG-MONROE 15,600.00 15,600.00
AP GREEN INDUSTRIES 6,627.06 6,627.06
APPLIED IND. TECHNOLOGIES 12,549.29 12,549.29
APPOMATTOX GLASS & STOREFRONT 199.00 199.00
ARMARK UNIFORM SERVICES 2,946.00 2,946.00
ASSET ACCEPTANCE 742.95 742.95
ATMOSPHERE ANNEALING 2,885.21 2,885.21
AUTOCOM MANUFACTURING 200,216.47 200,216.47
BARKER-JENNINGS 292.90 292.90
BLACK BOX CORPORATION 160.15 160.15
BMG METALS 4,517.20 4,517.20
BOULEVARD PROPERTIES 821.25 821.25
BRAMMER SAFETY SUPPLY 3,868.05 3,868.05
BRC COMPANY 2,641.88 2,641.88
CAMCAD TECHNOLOGIES 2,520.00 2,520.00
CAMPBELL-PAYNE 480.00 480.00
CANDLER OIL 28,723.45 28,723.45
CC METALS & ALLOYS 196,643.84 196,643.84
CENTRA HEALTH 681.13 681.13
CENTRALVA.NET, INC 211.50 211.50
CHARLES WILLIAM PETTY 150.35 150.35
CITY OF LYNCHBURG 1,314.92 1,314.92
CLARENCE E. WILLIAMS 7,075.20 7,075.20
CONCORD RESCUE SQUAD 1,500.00 1,500.00
CONSUMER DORIN ADAMS 2,116.02 2,116.02
CROSS SALES & ENGINEERING 198.34 198.34
DAVID J. JOSEPH 2,884,000.00 2,884,000.00
DETEK 930.00 930.00
DM&E RAILROAD 81,588.84 81,588.84
ECK SUPPLY 3,004.24 3,004.24
ELECTRIC MELTING 57,936.56 57,936.56
ELECTRONICS REPAIR CENTER 1,077.00 1,077.00
ELKEM METALS 126,295.59 126,295.59
EMLEX CONSTURCTION 31,150.00 31,150.00
EQUIPMENT MERCHANTS 916.69 916.69
EXCEL TECHNOLOGIES 110.50 110.50
FALCON INDUSTRIES, INC 1,098.00 1,098.00
FALWELL WELL CORP 14,630.00 14,630.00
FAMILY SUPPORT REGISTRY 661.60 661.60
FEI LYNCHBURG #75 10.90 10.90
FORD MOTOR CREDIT 2,763.26 2,763.26
FOSECO, INC 73,576.19 73,576.19
FOSTER ELECTRIC CO. 3,500.52 3,500.52
G.E. CAPITAL 7,108.00 7,108.00
GENERAL KINEMATICS 341.30 341.30
GEORGE W. MAYS 5,719.77 5,719.77
GILMER SUPPLY 745.26 745.26
GLOBAL STONE JAMES RIVER 10,000.00 10,000.00
GLOBE METALLURGICAL 208,421.10 208,421.10
HA INTERNATIONAL 34,151.39 34,151.39
HAJOCA CORPORATION 703.82 703.82
HARBISON-WALKER REFRACTORIES 9,988.92 9,988.92
HATCHER TRUCKING 296.64 296.64
HELEN P. PARRISH 414.00 414.00
HERAEUS ELECTRO-NITE CO 8,910.71 8,910.71
HERBERT L. BESKIN 8,935.00 8,935.00
HERB'S TOOL GRINDING & SALES 477.80 477.80
HILL AND GRIFFITH 35,400.00 35,400.00
HOMESTEAD MATERIALS HANDLING 417.22 417.22
LYNCHBURG FOUNDRY, INC. (ARCHER CREEK) CASE NO. 04-67606
CASH DISBURSEMENTS
OCTOBER 2004
OCT CHECKS OCT WIRES OCT TOTAL
VENDOR ISSUED ISSUED DISBURSEMENTS
- ----------------------------- ---------- ------------ ------------
HOPKINS, WILLIAM D 176.33 176.33
I.A.M. NATIONAL PENSION FUND 1,766.30 1,766.30
IFS INDUSTRIES 6,462.50 6,462.50
INDUSTRIAL SUPPLY CORP 36,582.85 36,582.85
INTERNATIONAL ASSOC 423.80 423.80
JACKSON WANDA K 496.15 496.15
JAMES D. ENGLISH 14,091.91 14,091.91
JOHNSTON, INC 300.00 300.00
JUNIOR ACHIEVEMENT 50.00 50.00
KENNETH TEMPLETON 665.00 665.00
KENT RUDBECK 480.00 480.00
KINDT COLLINS CO 323.50 323.50
LAWRENCE EQUIPMENT 355.42 355.42
LEE CONTROLS 302.19 302.19
LEWIS, ANGELA V. 461.50 461.50
LINA 433.00 433.00
LINDA TOMLIN 1,025.04 1,025.04
LINTERN CORP 96.00 96.00
LYNCHBURG GARAGE DOOR 2,760.00 2,760.00
MARJO PLASTICS 3,766.72 3,766.72
MASTER GAGE 1,900.00 1,900.00
MAXIM SYSTEMS 2,205.00 2,205.00
MAYBERRY, SUSIE 857.16 857.16
MELANIE FOLKS 1,418.99 1,418.99
METALLO GASKET CO 187.15 187.15
MILLER AND COMPANY LLC 419,251.64 419,251.64
MOORE'S MACHINE CO 8,125.00 8,125.00
MORRISETTE PAPER CO 273.40 273.40
NATIONAL AUTO PARTS 162.17 162.17
OMNISOURCE FT WAYNE 142,617.06 142,617.06
OSBORNE, THURMAN 100.00 100.00
PAGE, DAVID 100.00 100.00
PIEDMONT FOUNDRY SUPPLY 77,027.46 77,027.46
PITNEY BOWES CREDIT CORP 1,221.00 1,221.00
PITNEY BOWES PURCHASE POWER 1,573.00 1,573.00
PORTER WARNER IND 159,462.17 159,462.17
POTOMAC ENVIRONMENTAL 2,480.48 2,480.48
PROCHEM ANALYTICAL 1,290.00 1,290.00
PROVIDENT LIFE & ACCIDENT 4,762.58 4,762.58
R.I. LAMPUS 72,317.56 72,317.56
RAMSEY, MARTHA 742.00 742.00
REBECCA B. CONNELLY 750.00 750.00
RED HILL GRINDING WHEEL 13,396.31 13,396.31
SIMMS, DAVID 14,205.63 14,205.63
SOUTHERN GRAPHICS & SUPPLY 60.00 60.00
SPECIAL K LANDSCAPING 2,950.00 2,950.00
SPECIALTY FOUNDRY PRODUCTS 9,997.56 9,997.56
STAHL, INC 65,055.00 65,055.00
SUPERIOR GRAPHITE 30,138.75 30,138.75
TEMPLETON'S MKT 350.00 350.00
TENNANT COMPANY 460.78 460.78
THOMPSON TRUCKING 26,803.65 26,803.65
TRANSFORMER ELECTRIC CO 2,100.00 2,100.00
TRANSMAN (EFT) - 14,523.65 14,523.65
TREASURER OF VA 21,252.02 21,252.02
TRENT, NINCOLE 375.00 375.00
TUSCOLA SAGINAW BAY RAILWAY 36,693.10 36,693.10
U.S. SAFETY CORP 518.33 518.33
UNITED HYDRAULICS INC 14,053.59 14,053.59
UNITED WAY OF CENTRAL VA 2,915.40 2,915.40
VA DEPT OF TAX 3,035.18 3,035.18
VALLEY FASTENERS 36.49 36.49
VBS 958.26 958.26
VIRGINIA CAROLINA CONTROLS 175.65 175.65
W.E.L. ENTERPRISES 14,598.00 14,598.00
LYNCHBURG FOUNDRY, INC. (ARCHER CREEK) CASE NO. 04-67606
CASH DISBURSEMENTS
OCTOBER 2004
OCT CHECKS OCT WIRES OCT TOTAL
VENDOR ISSUED ISSUED DISBURSEMENTS
- ----------------------------- ---------- ------------ ------------
WASTE MANAGEMENT 1,754.32 1,754.32
WEXFORD SAND COMPANY 33,748.00 33,748.00
WHEELABRATOR ABRASIVES 14,630.00 43,230.00 57,860.00
WILLIAMSON & WILMER 1,141.02 1,141.02
WILSON TRUCKING 59.95 59.95
XPEDX 16,609.52 16,609.52
YALE INSPECTION SERVICES 15,603.20 15,603.20
---------- ------------ ------------
TOTAL 892,488.34 5,022,507.91 5,914,996.25
LYNCHBURG FOUNDRIES (ARCHER CREEK)
CASE #04-67606
LYNCHBURG FOUNDRY
ARCHER CREEK
CASE NO. 04-67606
OCTOBER BANK RECONCILIATION
Bank Balance $ 0
Actual Outstanding Checks 445,314
Pre-Petition Checks to be voided
in G/L 41,145
------------
Book Balance $ 486,459
============
OUTSTANDING CHECKS
CHECK DATE OUTSTANDING
15332 10/1/2004 120.00
15396 10/7/2004 747.00
15418 10/8/2004 28.35
15419 10/8/2004 85.61
15420 10/8/2004 257.62
15421 10/8/2004 28.35
15430 10/11/2004 42.41
15444 10/13/2004 589.61
15447 10/14/2004 42.76
15452 10/15/2004 296.64
15453 10/15/2004 99.47
15454 10/15/2004 175.65
15470 10/15/2004 518.33
15491 10/18/2004 399.00
15493 10/18/2004 21,149.63
15505 10/20/2004 14,099.75
15515 10/21/2004 278.25
15516 10/21/2004 336.70
15517 10/21/2004 96.66
15522 10/21/2004 196.52
15523 10/21/2004 96.00
15527 10/21/2004 958.26
15530 10/21/2004 672.00
15534 10/21/2004 100.00
15535 10/21/2004 100.00
15542 10/21/2004 557.50
15543 10/21/2004 12.68
15544 10/21/2004 287.24
15549 10/21/2004 106.25
15550 10/21/2004 160.00
15552 10/22/2004 678.00
15553 10/22/2004 1,532.27
15554 10/22/2004 70.48
15555 10/22/2004 48.50
15556 10/22/2004 1,845.35
15557 10/22/2004 62.90
15559 10/22/2004 19,829.10
15560 10/22/2004 4,229.93
15561 10/22/2004 4,000.00
15562 10/22/2004 1,277.10
15563 10/22/2004 549.79
15564 10/22/2004 67.28
15565 10/22/2004 110.50
15566 10/22/2004 254.00
15567 10/22/2004 57,704.00
15568 10/22/2004 195.66
15569 10/22/2004 45.50
15570 10/22/2004 689.43
15572 10/22/2004 33,297.33
15573 10/25/2004 26,789.53
15574 10/25/2004 2,116.02
15575 10/25/2004 300.00
15576 10/25/2004 2,250.00
15577 10/25/2004 15,401.10
15578 10/25/2004 1,483.26
15579 10/25/2004 19.60
15580 10/25/2004 2,156.25
15581 10/25/2004 44.24
15582 10/25/2004 12.96
15583 10/25/2004 617.76
15584 10/25/2004 1,081.50
OUTSTANDING CHECKS
CHECK DATE OUTSTANDING
15585 10/25/2004 3,766.72
15586 10/25/2004 123.00
15587 10/25/2004 160.56
15588 10/25/2004 158.90
15589 10/26/2004 60.00
15590 10/26/2004 2,100.00
15591 10/26/2004 310.25
15592 10/26/2004 160.60
15593 10/26/2004 4.56
15594 10/26/2004 752.75
15595 10/26/2004 135.44
15596 10/26/2004 930.00
15597 10/26/2004 1,132.08
15598 10/26/2004 160.15
15599 10/26/2004 44.92
15600 10/26/2004 1,341.05
15601 10/26/2004 2,520.00
15602 10/26/2004 72.75
15603 10/26/2004 477.80
15604 10/26/2004 107.42
15605 10/27/2004 4,043.20
15606 10/27/2004 8,262.24
15607 10/27/2004 27.68
15608 10/27/2004 2,600.00
15609 10/27/2004 54.75
15610 10/27/2004 243.36
15611 10/27/2004 108.81
15612 10/27/2004 16,919.70
15613 10/28/2004 273.40
15614 10/29/2004 1,791.78
15620 10/29/2004 19,739.65
15621 10/29/2004 2,786.55
15622 10/29/2004 2,641.88
15623 10/29/2004 283.95
15624 10/29/2004 87.78
15625 10/29/2004 14,630.00
15626 10/29/2004 10.90
15627 10/29/2004 179.83
15628 10/29/2004 7,108.00
15629 10/29/2004 745.26
15630 10/29/2004 417.22
15631 10/29/2004 1,245.00
15632 10/29/2004 1,475.00
15633 10/29/2004 36.49
15634 10/29/2004 1,754.32
15635 10/29/2004 379.36
15636 10/29/2004 2,946.00
15637 10/29/2004 681.13
15638 10/29/2004 211.50
15639 10/29/2004 1,500.00
15640 10/29/2004 132.32
15641 10/29/2004 207.00
15642 10/29/2004 8,935.00
15643 10/29/2004 146.33
15644 10/29/2004 99.23
15645 10/29/2004 14,091.91
15646 10/29/2004 480.00
15647 10/29/2004 92.30
15648 10/29/2004 216.50
15649 10/29/2004 2,368.90
OUTSTANDING CHECKS
CHECK DATE OUTSTANDING
15650 10/29/2004 750.00
15651 10/29/2004 3,860.47
15652 10/29/2004 75.00
15653 10/29/2004 50.00
15654 10/29/2004 4,302.96
15655 10/29/2004 205.28
15656 10/29/2004 15.90
15657 10/29/2004 54.62
15658 10/29/2004 182.00
15659 10/29/2004 6,600.00
15660 10/29/2004 2,868.00
15661 10/29/2004 245.00
15662 10/29/2004 949.92
15663 10/29/2004 2,539.20
15664 10/29/2004 188.10
15665 10/29/2004 1,501.75
15666 10/29/2004 65,055.00
---------
October outstanding checks 445,313.96
INTERMET CORPORATION AND SUBSIDIARIES PERIOD ENDED 10/31/2004
MONTHLY CASH STATEMENT
CASH ACTIVITY ANALYSIS:
CASE # 04-67606
LYNCHBURG FOUNDRY CO
--------------------------------
ACCOUNT TYPE
ACCOUNT # DEPOSITORY
BANK 1096643
Bank One TOTAL
BEGINNING BANK BALANCE - -
RECEIPTS 20,274 20,274
TRANSFERS IN (CORPORATE) - -
DIP INFLOW - -
DISBURSEMENTS - -
TRANSFERS OUT (CORPORATE) - -
ENDING BANK BALANCE (20,274) (20,274)
------- -------
- -
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: October 31, 2004
The following information is to be provided for each shareholder, officer,
director, manager, insider, or owner that is employed by the debtor in
possession. (Attach additional pages if necessary.)
Lynchburg Foundry, Inc.
NAME: Case Number: 04-67606 CAPACITY: ________ Shareholder
________ Officer
________ Director
________ Insider
Management and other insider compensation are maintained at Intermet
Corporation. Please see Intermet Corporation (Case #04-67597) for all insider
compensation/payments. ________________________________________________________
_______________________________________________________________________________
_______________________________________________________________________________
<Table>
CURRENT COMPENSATION PAID: Weekly or Monthly
______ _______
CURRENT BENEFITS PAID: Weekly or Monthly
Health Insurance ______ _______
Life Insurance ______ _______
Retirement ______ _______
Company Vehicle ______ _______
Entertainment ______ _______
Travel ______ _______
Other Benefits ______ _______
Total Benefits ______ _______
CURRENT OTHER PAYMENTS PAID: Weekly or Monthly
Rent Paid ______ _______
Loans ______ _______
Other (Describe) ______ _______
Other (Describe) ______ _______
Other (Describe) ______ _______
Total Other Payments ______ _______
CURRENT TOTAL OF ALL PAYMENTS: Weekly or Monthly
$0
______ _______
DATED: __________ ________________________________________
PRINCIPAL, OFFICER, DIRECTOR, OR INSIDER
Form 6
Intermet Corporation and Subsidiaries Lynchburg Foundry, Inc.
Schedule of In-Force Insurance Case Number: 04-67606
POLICY COVERAGE CARRIER POLICY PERIOD
- ----------------------------- ---------------------------- ----------------------------
Property Lloyds 11/1/04-11/01/05
Boiler/Machine Hartford 11/1/04-11/01/05
Cargo Fireman's Fund 11/1/04-11/01/05
Truck Cargo Fireman's Fund 11/1/04-11/01/05
Aviation USAIG 11/1/04-11/01/05
Fiduciary St. Paul 11/1/04-11/01/05
Primary D&O St. Paul 11/1/04-11/01/05
Excess D&O Chubb 11/1/04-11/01/05
Side A Platte River 11/1/04-11/01/05
Crime Gulf 11/1/04-12/1/04
General Liability Liberty Mutual 11/1/04-12/22/04
Umbrella National Union 11/1/04-12/22/04
Work Comp Liberty Mutual 11/1/04-12/22/04
Excess Work Comp Liberty Mutual 11/1/04-12/22/04
Auto Liberty Mutual 11/1/04-12/22/04
Foreign (DIC) Liberty Mutual 11/1/04-12/22/04
UNITED STATES BANKRUPTCY COURT
FOR THE EASTERN DISTRICT OF MICHIGAN
TRANSMITTAL OF FINANCIAL REPORTS AND
CERTIFICATION OF COMPLIANCE WITH UNITED STATES TRUSTEE
OPERATING REQUIREMENTS FOR
THE PERIOD ENDED: October 31, 2004
------------------
IN RE:
Intermet Corporation, et al
CASE NUMBER: 04-67608
Chapter 11
Northern Castings Corp. Judge: Marci B. McIvor
- ---------------------------------------/
Debtor
As debtor in possession, I affirm:
1. That I have reviewed the financial statements attached hereto, consisting of:
X Operating Statement (Form 2)
---
X Balance Sheet (Form 3)
---
X Summary of Operations (Form 4)
---
X Monthly Cash Statement (Form 5)
---
X Statement of Compensation (Form 6)
---
X Schedule of In-Force Insurance (Form 7)
---
and that they have been prepared in accordance with normal and customary
accounting practices, and fairly and accurately reflect the debtor's financial
activity for the period stated;
2. That the insurance, including workers' compensation and unemployment
insurance, as described in Section 5 of the Operating Instructions
and Reporting Requirements For Chapter 11 Cases is in effect; and,
(If not, attach a written explanation) YES X NO
--- ---
3. That all post-petition taxes as described in Section 9 of the Operating
Instructions and Reporting Requirements For Chapter 11 cases are current.
(If not, attach a written explanation) YES X NO
--- ---
4. No professional fees (attorney, accountant, etc.) have been paid without
specific court authorization.
(If not, attach a written explanation) YES X NO
--- ---
5. All United States Trustee Quarterly fees have been paid and are current.
YES X NO
--- ---
6. Have you filed your pre-petition tax returns.
(If not, attach a written explanation) YES X NO
--- ---
I hereby certify, under penalty of perjury, that the information provided above
and in the attached documents is true and correct to the best of my information
and belief.
/s/ Robert E. Belts
Dated: December 3, 2004 ------------------------------------------------
------------------ Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- -----------------------
Title Phone
Form 1
Intermet Corporation and Subsidiaries
Operating Statement Case #04-67608
For the Month Ended 10-31-04 Northern
(000's) Castings
---------------------------------------------
Current Month Total Since Filing
--------------------- ---------------------
Net Sales $1,354 $1,354
Cost of Goods Sold
Materials and Freight 472 472
Wages - Hourly 213 213
Wages-Salary 80 80
Employee Benefits and Pension 106 106
Repairs & Maintenance 42 42
Supplies 80 80
Utilities 116 116
Purchased Components/Services 26 26
Income(loss) from Pattern Sales 0 0
Fixed Asset - (gain/loss) 0 0
MIS Expense 16 16
Travel & Entertainment 0 0
Other Variable Costs 58 58
Depreciation & Amortization 41 41
Other Allocated Fixed Costs 0 0
Other Fixed Costs 17 17
--------------------- ---------------------
Cost of Goods Sold 1,267 1,267
Gross Profit 87 87
Plant SG&A Expense 0 0
SG&A Expense - Allocation (Sched 1) 47 47
Other Operating Expenses 0 0
--------------------- ---------------------
Total Operating Expenses 47 47
--------------------- ---------------------
Operating Profit 40 40
Outside Interest Income 0 0
Outside Interest (Expense) 0 0
Intercompany Interest Income 0 0
Intercompany Interest (Expense) 0 0
Charges (From) Affiliates 0 0
Charges To Affiliates 0 0
Income From European Subsidiary 0 0
Other Income/(Expense) 0 0
--------------------- ---------------------
Total Non-Operating Expenses 0 0
Income Before Income Taxes 40 40
Income Tax Expense 1 1
--------------------- ---------------------
Net Income $39 $39
===================== =====================
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs (October)
(Allocation of Corporate Costs to Filing Entities)
October
----------
Officer Compensation $ 196,042
Salary Expense other Employees 802,961
Employee Benefits and Pension 133,527
Payroll Taxes 43,948
Other Taxes 6,922.86
Rent and Lease Expense 180,971
Interest Expense
Insurance 69,363
Automobile and Truck Expense 2,695
Utilities(Gas Electric,Phone) 47,700
Depreciation 89,205
Travel and Entertainment 70,376
Repairs and Maintenance 53,523
Advertising/Promotion 0
Supplies, Office Expense 24,275
OTHER:
Contributions 0
Professional Fees - Audit/Tax 131,192
Bank Fees 17,576
Public Reporting Fees 16,000
Employee Relocation/Training 2,850
Data Processing 28,029
Dues and Subscriptions 7,328
Outside Services 311,339
Project Development Costs net of Billings 56,285
Director Fees (144,667)
Miscellaneous (158,119)
Professional Fees - Bankruptcy 2,643,198
Cost Allocation - Out (227,787)
----------
$4,404,731
==========
Allocation:
Wagner Castings $ 177,312
Northern Castings 46,825
Ironton Iron 0
Lynchburg Foundry 179,333
Columbus Foundry 290,418
Wagner Havana 0
Intermet U.S. Holdings 240,779
Cast-Matic Corp. 76,250
Diversified Diemakers 239,650
Ganton Technologies 155,833
Tool Products 127,416
Intermet Corporation 2,870,915
----------
Total $4,404,731
==========
Intermet Corporation and Subsidiaries
Balance Sheet As Of 10-31-04
(000's)
Case #04-67608
Northern
Castings
--------------------
Cash And Equivalents $0
Accounts Receivable 1,371
Short-Term Intercompany Receivables 83
Inventories 513
Other Current Assets 24
--------------------
TOTAL CURRENT ASSETS 1,990
Land and Buildings 2,266
Machinery & Equipment 8,609
Construction In Progress 36
--------------------
Total Fixed Assets 10,911
Accumulated Depreciation (9,078)
--------------------
NET FIXED ASSETS 1,833
Investment In Subsidiaries 0
Investment In European Operations 0
Long-Term Intercompany Receivables 11,452
Deferred Taxes, Long-Term Asset 0
Other Assets 134
--------------------
TOTAL ASSETS $15,410
====================
LIABILITIES AND SHAREHOLDER EQUITY
POST PETITION LIABILITIES
Accounts Payable $113
Wages and Salaries (See schedule) 61
Taxes Payable - (See schedule) 29
--------------------
TOTAL POST PETITION LIABILITIES 203
SECURED LIABILITIES:
Secured Liabilities - Bank Debt 0
PRE-PETITION LIABILITIES:
TAXES AND OTHER PRIORITY LIABILITIES:
Accrued Income Taxes 0
Accrued Tax - State 0
Accrued Property Taxes 29
Accrued Workers Comp. 83
Accrued Payroll 0
Accrued Payroll Taxes 35
--------------------
TOTAL TAXES AND OTHER PRIORITY LIABILITIES 146
UNSECURED LIABILITIES
Accounts Payable 1,809
IDR Bonds 0
--------------------
TOTAL UNSECURED LIABILITIES 1,809
OTHER LIABILITIES
Accrued Liabilities 291
Total Intercompany Payables 0
Notes Payable, Short Term 0
Capital Leases 0
Retirement Benefits 0
Deferred Taxes - Long-Term Liability 0
Other Long-Term Liabilities 0
--------------------
TOTAL LIABILITIES 2,450
Common Stock 1
Capital In Excess Of Par Value 1,800
Retained Earnings - Pre-Petition 11,120
Retained Earnings - Post- Petition 39
Equity in European Operations 0
Accumulated Translation Adjustment 0
Minimum Pension Liability Adjustment 0
Unearned Restricted Stock 0
--------------------
TOTAL SHAREHOLDERS' EQUITY 12,960
--------------------
TOTAL LIABILITIES AND EQUITY $15,410
====================
PERIOD ENDED: 10-31-04 NORTHERN CASTINGS CORP. CASE #04-67608
-----------------------
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
9/30/2004 Withheld Deposits 10/31/2004
-----------------------------------------------------------------------
Income tax withheld: Federal ($439) ($26,638) $22,262 ($4,815)
Income tax withheld: State (230) (12,119) 10,129 (2,220)
Income tax withheld: Local 0 0 0 0
FICA Withheld (604) (24,479) 20,702 (4,381)
Employers FICA (594) (16,556) 12,810 (4,340)
Unemployment Tax: Federal 0 2,095 0 2,095
Unemployment Tax: State 0 0 0 0
All Other Payroll W/H 0 0 0 0
State Taxes: Inc./Sales/Use/Excise 0 (970) 0 (970)
Property Taxes 0 (2,500) 0 (2,500)
Workers Compensation 0 (12,000) 0 (12,000)
-----------------------------------------------------------------------
Total ($1,868) ($93,166) $65,903 ($29,131)
Wages and Salaries (38,342) (22,564) 0 (60,906)
-----------------------------------------------------------------------
Grand Total ($40,210) ($115,730) $65,903 ($90,037)
=======================================================================
Aging of Accounts Receivable
and Post Petition Accounts Payable
Age in Days (Post Petiition) 0-30 Days 30-60 Days Over 60 Days
Accounts Payable $113,228 $0 $0
Accounts Receivable See attached schedule
<Table>
<Caption>
ACCOUNTS RECEIVABLE AGING
10/31/04
(000's)
PAST DUE BALANCES
---------------------------------------
TOTAL CURRENT 1 - 30 31 - 60 61 - 90 OVER 90
------ ------- ------ ------- ------- -------
DOMESTIC FERROUS:
- - Archer Creek 7,100 6,700 400 -- -- --
- - Radford 100 -- -- -- -- 100
------ ------ ----- --- --- -----
Lynchburg Foundry, Inc. 7,200 6,700 400 -- -- 100
Columbus Foundry, LP. 25,800 22,700 2,400 400 -- 300
- - Columbus Machining 500 300 200 -- -- --
- - New River 11,700 6,400 4,700 400 100 100
------ ------ ----- --- --- -----
Intermet U.S. Holding, Inc. 12,200 6,700 4,900 400 100 100
Wagner Castings Co. 8,743 7,086 700 300 157 500
Wagner Havana, Inc. -- -- -- -- -- --
Northern Castings Corp. 1,542 1,042 400 -- 100 --
LIGHT METALS:
- - Jackson 3,184 2,300 400 200 100 184
- - Minneapolis 7,200 5,000 1,500 200 100 400
------ ------ ----- --- --- -----
Tool Products, Inc. 10,384 7,300 1,900 400 200 584
Diversified Diemakers, Inc. 13,800 9,500 2,000 400 100 1,800
- - Pulaski 3,700 2,400 400 600 200 100
- - Racine Plants 8,700 7,200 500 100 100 800
------ ------ ----- --- --- -----
Ganton Technologies, Inc. 12,400 9,600 900 700 300 900
Castmatic Corporation 5,000 4,600 400 -- -- --
</Table>
INTERMET CORPORATION AND SUBSIDIARIES PERIOD ENDED 10/31/2004
MONTHLY CASH STATEMENT
CASH ACTIVITY ANALYSIS:
CASE # 04-67608
NORTHERN CASTINGS (HIBBING)
-------------------------------------------------------------------------------------------
ACCOUNT TYPE LOCKBOX 77122 DEPOSIT AP PR (HOURLY) PR (SALARY) TOTAL
ACCOUNT # 1261483 5401086458 2770716435 2770716427 2770716682
BANK Bank One Stan. Fed. Stan. Fed. Stan. Fed. Stan. Fed.
BEGINNING BANK BALANCE
RECEIPTS
- - - - - -
TRANSFERS IN (CORPORATE) 11,072 447,589 - - - 458,660
DIP INFLOW 129,049 197,873 68,978 395,899
- -
DISBURSEMENTS
- - - - - -
TRANSFERS OUT (CORPORATE) (125,558) (197,873) (68,978) (392,408)
- -
ENDING BANK BALANCE (11,072) (447,589) (3,491) - - (462,152)
------- -------- -------- -------- ------- --------
- - - - - -
WIRES PAID FOR BY CORPORATE 588,737
CHECKS ISSUED 185,405 583,810
TOTAL DISBURSEMENTS (SEE TOTAL ----------
DISBURSEMENTS RECONCILIATION) 774,141
==========
CHECKS ISSUED - POST PETITION 185,405
CHECK CLEARED (119,779) (an additional $5,779 of pre-petition checks cleared)
OUTSTANDING CHECKS (SEE ----------
OUTSTANDING CHECKLIST) 65,626
==========
NORTHERN CASTINGS CORPORATION CASE NO. 04-67608
CASH DISBURSEMENTS
OCTOBER 2004
TOTAL TOTAL TOTAL
CHECKS WIRES DISBURSMENTS
--------- ---------- ------------
3 Rivers Trucking 7,079.23 7,079.23
Aetna 1,302.98 1,302.98
Airgas 67.10 67.10
Alan Quick 108.72 108.72
Allied Mineral Products - 3,094.08 3,094.08
American Colloid Co 6,546.68 6,546.68
Amerpride Linen 345.32 345.32
B & R Engineering 207.00 207.00
Bear Country Marketing 1,350.00 1,350.00
Behr Iron & Steel Co. - 439,280.00 439,280.00
Behr Specialty 2,760.00 2,760.00
Bob Scofield Trucking 7,646.48 7,646.48
Bruce Beckstrom 63.15 63.15
Bruce Smith 2,028.00 2,028.00
Carpenter Bros. - 1,980.00 1,980.00
Cast Corporation 33,250.00 33,250.00
Champion Chisel Works 1,593.60 1,593.60
Disa Industries 6,594.50 6,594.50
Dixie Industrial 2,909.37 2,909.37
Elkem - 69,190.24 69,190.24
EMSCO, Inc 153.71 153.71
Express Print 50.37 50.37
Full Circle Image 41.63 41.63
Gary Perrella 137.93 137.93
George Bougalis 1,200.00 1,200.00
Gil-Mar Manufacturing 300.00 300.00
GMP Local #21B 1,994.16 1,994.16
Great Western Recycling 18,252.95
Guaranteed Qual. Cleaning 1,382.17
Heraeus Electro-Nite 3,023.40 3,023.40
Hi Temp Incorporated 2,002.27 2,002.27
HyTest Safety Footwear 205.91 205.91
I.R.B. Inc. 759.00 759.00
Inductotherm 16,431.01 16,431.01
IRS 554.32 554.32
J. N. Johnson 203.44 203.44
Larpen 1,566.00 1,566.00
Lina 8.00 8.00
Ludlum 72.80 72.80
Mesabi Office Equipment 253.47
Metokote Corporation 5,018.11 5,018.11
Miller and Company - 58,630.74 58,630.74
Minnesota Industries 981.54 981.54
Minnesota Supply Co 1,517.56 1,517.56
MN Child Support 6,873.15 6,873.15
MN Dept of Labor 50.00 50.00
NORTHERN CASTINGS CORPORATION CASE NO. 04-67608
CASH DISBURSEMENTS
OCTOBER 2004
TOTAL TOTAL TOTAL
CHECKS WIRES DISBURSMENTS
---------- ---------- ------------
MN Dept of Revenue 410.22 410.22
Morris Material Handling 3,376.31 3,376.31
National Metal Abrasive - 6,350.00 6,350.00
North Star Imaging 126.25 126.25
Occupational Dev. Center 900.00
Office North 259.24 259.24
Proforma 1,828.94 1,828.94
Provident 707.04 707.04
Public Utilities 2,537.82 2,537.82
Range Credit Bureau 122.34 122.34
Range Water Conditioning 47.93
Robert Hedblom 1,170.48 1,170.48
Safety Clean Corp 126.74 126.74
Sim Supply 182.88 182.88
St Louis County Auditor 12,003.22 12,003.22
St Louis Cty 10,500.00 10,500.00
Stanco 847.10 847.10
Sullivan Candy & Supply 129.45 129.45
Sunrise Deli 233.37 233.37
TDS Metrocom 23.97 23.97
Trimark 49.36 49.36
Tritec 1,030.00 1,030.00
Unimin - 8,055.00 8,055.00
US Cargo 450.00 450.00
USF Holland 164.02 164.02
Verizon Wireless 45.17 45.17
Vesuvius USA 3,968.72 3,968.72
Vickers 7,435.40 7,435.40
Wheelabrator 1,007.65 1,007.65
William A Kibbe & Associates 180.00 180.00
Transman 812.38
---------- ---------- ----------
TOTALS 186,748.65 586,580.06 774,141.09
NORTHERN CASTINGS CORP
CASE NO. 04-67608
HIBBING - OCTOBER BANK RECONCILIATION
Bank Balance -
Actual Outstanding Checks 65,625.58
---------
Book Balance 65,625.58
=========
NORTHERN CASTINGS CORP
OUTSTANDING CHECKS
CASE NO. 04-67608
CHECK DATE OUTSTANDING
75346 10/8/2004 1,302.98
75360 10/14/2004 5,467.20
75377 10/15/2004 61.20
75391 10/20/2004 235.77
75399 10/21/2004 50.00
75409 10/21/2004 233.37
75414 10/22/2004 615.70
75420 10/25/2004 153.71
75421 10/26/2004 1,144.00
75422 10/26/2004 353.52
75424 10/26/2004 9,122.50
75427 10/27/2004 1,517.56
75428 10/27/2004 150.06
75429 10/27/2004 50.00
75430 10/27/2004 156.07
75432 10/27/2004 407.40
75433 10/27/2004 280.50
75434 10/27/2004 783.00
75435 10/28/2004 126.25
75440 10/28/2004 67.10
75441 10/28/2004 6,546.68
75442 10/28/2004 345.32
75443 10/28/2004 207.00
75444 10/28/2004 2,441.00
75445 10/28/2004 1,593.60
75446 10/28/2004 1,337.49
75448 10/28/2004 50.37
75449 10/28/2004 41.63
75450 10/28/2004 1,200.00
75451 10/28/2004 300.00
75453 10/28/2004 3,023.40
75454 10/28/2004 205.91
75455 10/28/2004 759.00
75456 10/28/2004 203.44
75457 10/28/2004 72.80
75458 10/28/2004 253.47
75459 10/28/2004 333.00
75460 10/28/2004 981.54
75462 10/28/2004 3,376.31
75464 10/28/2004 900.00
75465 10/28/2004 259.24
75466 10/28/2004 1,828.94
75467 10/28/2004 47.93
75468 10/28/2004 126.74
75469 10/28/2004 182.88
75470 10/28/2004 847.10
75471 10/28/2004 129.45
75472 10/28/2004 1,030.00
75473 10/28/2004 3,968.72
75474 10/28/2004 1,007.65
75475 10/28/2004 4,071.71
75476 10/28/2004 2,537.82
75478 10/28/2004 49.36
75479 10/29/2004 2,000.00
75480 10/29/2004 247.50
75481 10/29/2004 329.09
75482 10/29/2004 511.60
October outstanding checks 65,625.58
Monthly STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: October 31, 2004
The following information is to be provided for each shareholder, officer,
director, manager, insider, or owner that is employed by the debtor in
possession. (Attach additional pages if necessary.)
Northern Castings Corp.
NAME: Case Number: 04-67608 CAPACITY: ________ Shareholder
________ Officer
________ Director
________ Insider
Management and other insider compensation are maintained at Intermet
Corporation. Please see Intermet Corporation (Case #04-67597) for all insider
compensation/payments. ________________________________________________________
_______________________________________________________________________________
_______________________________________________________________________________
<Table>
CURRENT COMPENSATION PAID: Weekly or Monthly
______ _______
CURRENT BENEFITS PAID: Weekly or Monthly
Health Insurance ______ _______
Life Insurance ______ _______
Retirement ______ _______
Company Vehicle ______ _______
Entertainment ______ _______
Travel ______ _______
Other Benefits ______ _______
Total Benefits ______ _______
CURRENT OTHER PAYMENTS PAID: Weekly or Monthly
Rent Paid ______ _______
Loans ______ _______
Other (Describe) ______ _______
Other (Describe) ______ _______
Other (Describe) ______ _______
Total Other Payments ______ _______
CURRENT TOTAL OF ALL PAYMENTS: Weekly or Monthly
$0
______ _______
DATED: __________ ________________________________________
PRINCIPAL, OFFICER, DIRECTOR, OR INSIDER
Intermet Corporation and Subsidiaries Northern Castings Corporation
Schedule of In-Force Insurance Case Number: 04-67608
POLICY COVERAGE CARRIER POLICY PERIOD
- ----------------------------- ---------------------------- ----------------------------
Property Lloyds 11/1/04-11/01/05
Boiler/Machine Hartford 11/1/04-11/01/05
Cargo Fireman's Fund 11/1/04-11/01/05
Truck Cargo Fireman's Fund 11/1/04-11/01/05
Aviation USAIG 11/1/04-11/01/05
Fiduciary St. Paul 11/1/04-11/01/05
Primary D&O St. Paul 11/1/04-11/01/05
Excess D&O Chubb 11/1/04-11/01/05
Side A Platte River 11/1/04-11/01/05
Crime Gulf 11/1/04-12/1/04
General Liability Liberty Mutual 11/1/04-12/22/04
Umbrella National Union 11/1/04-12/22/04
Work Comp Liberty Mutual 11/1/04-12/22/04
Excess Work Comp Liberty Mutual 11/1/04-12/22/04
Auto Liberty Mutual 11/1/04-12/22/04
Foreign (DIC) Liberty Mutual 11/1/04-12/22/04
UNITED STATES BANKRUPTCY COURT
FOR THE EASTERN DISTRICT OF MICHIGAN
TRANSMITTAL OF FINANCIAL REPORTS AND
CERTIFICATION OF COMPLIANCE WITH UNITED STATES TRUSTEE
OPERATING REQUIREMENTS FOR
THE PERIOD ENDED: October 31, 2004
------------------
IN RE:
Intermet Corporation, et al
CASE NUMBER: 04-67613
Chapter 11
Sudbury Inc. Judge: Marci B. McIvor
- ---------------------------------------/
Debtor
As debtor in possession, I affirm:
1. That I have reviewed the financial statements attached hereto, consisting of:
X Operating Statement (Form 2)
---
X Balance Sheet (Form 3)
---
X Summary of Operations (Form 4)
---
X Monthly Cash Statement (Form 5)
---
X Statement of Compensation (Form 6)
---
X Schedule of In-Force Insurance (Form 7)
---
and that they have been prepared in accordance with normal and customary
accounting practices, and fairly and accurately reflect the debtor's financial
activity for the period stated;
2. That the insurance, including workers' compensation and unemployment
insurance, as described in Section 5 of the Operating Instructions
and Reporting Requirements For Chapter 11 Cases is in effect; and,
(If not, attach a written explanation) YES X NO
--- ---
3. That all post-petition taxes as described in Section 9 of the Operating
Instructions and Reporting Requirements For Chapter 11 cases are current.
(If not, attach a written explanation) YES X NO
--- ---
4. No professional fees (attorney, accountant, etc.) have been paid without
specific court authorization.
(If not, attach a written explanation) YES X NO
--- ---
5. All United States Trustee Quarterly fees have been paid and are current.
YES X NO
--- ---
6. Have you filed your pre-petition tax returns.
(If not, attach a written explanation) YES X NO
--- ---
I hereby certify, under penalty of perjury, that the information provided above
and in the attached documents is true and correct to the best of my information
and belief.
/s/ Robert E. Belts
Dated: December 3, 2004 ------------------------------------------------
------------------ Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- -----------------------
Title Phone
Form 1
Intermet Corporation and Subsidiaries
Operating Statement Case # 04-67613
For the Month Ended 10-31-04 Sudbury
(000's) Inc.
---------------------------------------------
Current Month Total Since Filing
--------------------- ---------------------
Net Sales $0 $0
Cost of Goods Sold 0 0
Materials and Freight 0 0
Wages - Hourly 0 0
Wages-Salary 0 0
Employee Benefits and Pension 0 0
Repairs & Maintenance 0 0
Supplies 0 0
Utilities 0 0
Purchased Components/Services 0 0
Income(loss) from Pattern Sales 0 0
Fixed Asset - (gain/loss) 0 0
MIS Expense 0 0
Travel & Entertainment 0 0
Other Variable Costs 0 0
Depreciation & Amortization 59 59
Other Allocated Fixed Costs 0 0
Other Fixed Costs 0 0
--------------------- ---------------------
Cost of Goods Sold 59 59
Gross Profit (59) (59)
Plant SG&A Expense 0 0
SG&A Expense - Allocation (Sched 1) 0 0
Other Operating Expenses 0 0
--------------------- ---------------------
Total Operating Expenses 0 0
--------------------- ---------------------
Operating Profit (59) (59)
Outside Interest Income 0 0
Outside Interest (Expense) 0 0
Intercompany Interest Income 0 0
Intercompany Interest (Expense) (4) (4)
Charges (From) Affiliates 0 0
Charges To Affiliates 0 0
Income From European Subsidiary 0 0
Other Income/(Expense) 0 0
--------------------- ---------------------
Total Non-Operating Expenses (4) (4)
Income Before Income Taxes (63) (63)
Income Tax Expense 0 0
--------------------- ---------------------
Net Income ($63) ($63)
===================== =====================
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs (October)
(Allocation of Corporate Costs to Filing Entities)
October
----------
Officer Compensation $ 196,042
Salary Expense other Employees 802,961
Employee Benefits and Pension 133,527
Payroll Taxes 43,948
Other Taxes 6,922.86
Rent and Lease Expense 180,971
Interest Expense
Insurance 69,363
Automobile and Truck Expense 2,695
Utilities(Gas Electric,Phone) 47,700
Depreciation 89,205
Travel and Entertainment 70,376
Repairs and Maintenance 53,523
Advertising/Promotion 0
Supplies, Office Expense 24,275
OTHER:
Contributions 0
Professional Fees - Audit/Tax 131,192
Bank Fees 17,576
Public Reporting Fees 16,000
Employee Relocation/Training 2,850
Data Processing 28,029
Dues and Subscriptions 7,328
Outside Services 311,339
Project Development Costs net of Billings 56,285
Director Fees (144,667)
Miscellaneous (158,119)
Professional Fees - Bankruptcy 2,643,198
Cost Allocation - Out (227,787)
----------
$4,404,731
==========
Allocation:
Wagner Castings $ 177,312
Northern Castings 46,825
Ironton Iron 0
Lynchburg Foundry 179,333
Columbus Foundry 290,418
Wagner Havana 0
Intermet U.S. Holdings 240,779
Cast-Matic Corp. 76,250
Diversified Diemakers 239,650
Ganton Technologies 155,833
Tool Products 127,416
Intermet Corporation 2,870,915
----------
Total $4,404,731
==========
Intermet Corporation and Subsidiaries
Balance Sheet As Of 10-31-04
(000's)
Case # 04-67613
Sudbury
Inc.
---------------------
Cash And Equivalents $0
Accounts Receivable 7
Short-Term Intercompany Receivables 0
Inventories 0
Other Current Assets 0
---------------------
TOTAL CURRENT ASSETS 7
Land and Buildings (2,293)
Machinery & Equipment (44,148)
Construction In Progress 0
---------------------
Total Fixed Assets (46,441)
Accumulated Depreciation 50,829
---------------------
NET FIXED ASSETS 4,388
Investment In Subsidiaries 0
Investment In European Operations 0
Long-Term Intercompany Receivables 12,861
Deferred Taxes, Long-Term Asset 0
Other Assets 58,366
---------------------
TOTAL ASSETS $75,622
=====================
LIABILITIES AND SHAREHOLDER EQUITY
POST PETITION LIABILITIES
Accounts Payable $0
Wages and Salaries (See schedule) 0
Taxes Payable - (See schedule) 0
---------------------
TOTAL POST PETITION LIABILITIES 0
SECURED LIABILITIES:
Secured Liabilities - Bank Debt 0
PRE-PETITION LIABILITIES:
TAXES AND OTHER PRIORITY LIABILITIES:
Accrued Income Taxes (2,031)
Accrued Tax - State 0
Accrued Property Taxes 47
Accrued Workers Comp. 0
Accrued Payroll 0
Accrued Payroll Taxes 0
---------------------
TOTAL TAXES AND OTHER PRIORITY LIABILITIES (1,984)
UNSECURED LIABILITIES
Accounts Payable 2
IDR Bonds 0
---------------------
TOTAL UNSECURED LIABILITIES 2
OTHER LIABILITIES
Accrued Liabilities 2
Total Intercompany Payables 64,304
Notes Payable, Short Term 0
Capital Leases 0
Retirement Benefits 0
Deferred Taxes - Long-Term Liability 0
Other Long-Term Liabilities 0
---------------------
TOTAL LIABILITIES 62,324
Common Stock 0
Capital In Excess Of Par Value 86,100
Retained Earnings - Pre-Petition (72,739)
Retained Earnings - Post- Petition (63)
Equity in European Operations 0
Accumulated Translation Adjustment 0
Minimum Pension Liability Adjustment 0
Unearned Restricted Stock 0
---------------------
TOTAL SHAREHOLDERS' EQUITY 13,298
---------------------
TOTAL LIABILITIES AND EQUITY $75,622
=====================
PERIOD ENDED: 10-31-04 SUDBURY INC. CASE #04-67613
--------------------------
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
9/30/2004 Withheld Deposits 10/31/2004
------------------------------------------------------------------------------
Income tax withheld: Federal $0 $0 $0 $0
Income tax withheld: State $0 $0 $0 $0
Income tax withheld: Local $0 $0 $0 $0
FICA Withheld $0 $0 $0 $0
Employers FICA $0 $0 $0 $0
Unemployment Tax: Federal $0 $0 $0 $0
Unemployment Tax: State $0 $0 $0 $0
All Other Payroll W/H $0 $0 $0 $0
$0 $0 $0 $0
State Taxes: Inc./Sales/Use/Excise $0 $0 $0 $0
Property Taxes $0 $0 $0 $0
$0
Workers Compensation 0 0 0 0
------------------------------------------------------------------------------
Total $0 $0 $0 $0
Wages and Salaries 0 0 0 0
------------------------------------------------------------------------------
Grand Total $0 $0 $0 $0
==============================================================================
Aging of Accounts Receivable
and Post Petition Accounts Payable
Age in Days (Post Petition) 0-30 Days 30-60 Days Over 60 Days
Accounts Payable $0 $0 $0
Accounts Receivable $0 $0 $7,000
INTERMET CORPORATION AND SUBSIDIARIES PERIOD ENDED 10/31/2004
MONTHLY CASH STATEMENT
CASH ACTIVITY ANALYSIS:
CASE # 04-67613
SUDBURY, INC.
ACCOUNT TYPE ---------------------------------------------------
ACCOUNT # INVESTMENT INVESTMENT TOTAL
BANK 413046662076 413046663076
Morgan Stanley Morgan Stanley
BEGINNING BANK BALANCE 293,037 1,845 294,882
RECEIPTS 320 2 322
TRANSFERS IN (CORPORATE) - - -
DIP INFLOW - - -
DISBURSEMENTS - - -
TRANSFERS OUT (CORPORATE) - - -
ENDING BANK BALANCE - - -
------------ --------- ----------
293,357.00 1,847.00 295,204.00
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: October 31, 2004
The following information is to be provided for each shareholder, officer,
director, manager, insider, or owner that is employed by the debtor in
possession. (Attach additional pages if necessary.)
Sudbury Inc.
NAME: Case Number: 04-67613 CAPACITY: ________ Shareholder
________ Officer
________ Director
________ Insider
Management and other insider compensation are maintained at Intermet
Corporation. Please see Intermet Corporation (Case #04-67597) for all insider
compensation/payments. ________________________________________________________
_______________________________________________________________________________
_______________________________________________________________________________
<Table>
CURRENT COMPENSATION PAID: Weekly or Monthly
______ _______
CURRENT BENEFITS PAID: Weekly or Monthly
Health Insurance ______ _______
Life Insurance ______ _______
Retirement ______ _______
Company Vehicle ______ _______
Entertainment ______ _______
Travel ______ _______
Other Benefits ______ _______
Total Benefits ______ _______
CURRENT OTHER PAYMENTS PAID: Weekly or Monthly
Rent Paid ______ _______
Loans ______ _______
Other (Describe) ______ _______
Other (Describe) ______ _______
Other (Describe) ______ _______
Total Other Payments ______ _______
CURRENT TOTAL OF ALL PAYMENTS: Weekly or Monthly
$0
______ _______
DATED: __________ ________________________________________
PRINCIPAL, OFFICER, DIRECTOR, OR INSIDER
Intermet Corporation and Subsidiaries Sudbury, Inc.
Schedule of In-Force Insurance Case Number: 04-67613
POLICY COVERAGE CARRIER POLICY PERIOD
- ----------------------------- ---------------------------- ----------------------------
Property Lloyds 11/1/04-11/01/05
Boiler/Machine Hartford 11/1/04-11/01/05
Cargo Fireman's Fund 11/1/04-11/01/05
Truck Cargo Fireman's Fund 11/1/04-11/01/05
Aviation USAIG 11/1/04-11/01/05
Fiduciary St. Paul 11/1/04-11/01/05
Primary D&O St. Paul 11/1/04-11/01/05
Excess D&O Chubb 11/1/04-11/01/05
Side A Platte River 11/1/04-11/01/05
Crime Gulf 11/1/04-12/1/04
General Liability Liberty Mutual 11/1/04-12/22/04
Umbrella National Union 11/1/04-12/22/04
Work Comp Liberty Mutual 11/1/04-12/22/04
Excess Work Comp Liberty Mutual 11/1/04-12/22/04
Auto Liberty Mutual 11/1/04-12/22/04
Foreign (DIC) Liberty Mutual 11/1/04-12/22/04
UNITED STATES BANKRUPTCY COURT
FOR THE EASTERN DISTRICT OF MICHIGAN
TRANSMITTAL OF FINANCIAL REPORTS AND
CERTIFICATION OF COMPLIANCE WITH UNITED STATES TRUSTEE
OPERATING REQUIREMENTS FOR
THE PERIOD ENDED: October 31, 2004
------------------
IN RE:
Intermet Corporation, et al
CASE NUMBER: 04-67602
Chapter 11
SUDM, INC. Judge: Marci B. McIvor
- ---------------------------------------/
Debtor
As debtor in possession, I affirm:
1. That I have reviewed the financial statements attached hereto, consisting of:
X Operating Statement (Form 2)
---
X Balance Sheet (Form 3)
---
X Summary of Operations (Form 4)
---
X Monthly Cash Statement (Form 5)
---
X Statement of Compensation (Form 6)
---
X Schedule of In-Force Insurance (Form 7)
---
and that they have been prepared in accordance with normal and customary
accounting practices, and fairly and accurately reflect the debtor's financial
activity for the period stated;
2. That the insurance, including workers' compensation and unemployment
insurance, as described in Section 5 of the Operating Instructions
and Reporting Requirements For Chapter 11 Cases is in effect; and,
(If not, attach a written explanation) YES X NO
--- ---
3. That all post-petition taxes as described in Section 9 of the Operating
Instructions and Reporting Requirements For Chapter 11 cases are current.
(If not, attach a written explanation) YES X NO
--- ---
4. No professional fees (attorney, accountant, etc.) have been paid without
specific court authorization.
(If not, attach a written explanation) YES X NO
--- ---
5. All United States Trustee Quarterly fees have been paid and are current.
YES X NO
--- ---
6. Have you filed your pre-petition tax returns.
(If not, attach a written explanation) YES X NO
--- ---
I hereby certify, under penalty of perjury, that the information provided above
and in the attached documents is true and correct to the best of my information
and belief.
/s/ Robert E. Belts
Dated: December 3, 2004 ------------------------------------------------
------------------ Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- -----------------------
Title Phone
Form 1
UNITED STATES BANKRUPTCY COURT
EASTERN DISTRICT OF MICHIGAN
IN RE: SUDM, INC. CASE NO. 04-67602
All activity for SUDM, Inc. is reported in the consolidated Columbus Foundry
operating report (Case #04-67609).
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: October 31, 2004
The following information is to be provided for each shareholder, officer,
director, manager, insider, or owner that is employed by the debtor in
possession. (Attach additional pages if necessary.)
SUDM, Inc.
NAME: Case Number: 04-67602 CAPACITY: ________ Shareholder
________ Officer
________ Director
________ Insider
Management and other insider compensation are maintained at Intermet
Corporation. Please see Intermet Corporation (Case #04-67597) for all insider
compensation/payments. ________________________________________________________
_______________________________________________________________________________
_______________________________________________________________________________
<Table>
CURRENT COMPENSATION PAID: Weekly or Monthly
______ _______
CURRENT BENEFITS PAID: Weekly or Monthly
Health Insurance ______ _______
Life Insurance ______ _______
Retirement ______ _______
Company Vehicle ______ _______
Entertainment ______ _______
Travel ______ _______
Other Benefits ______ _______
Total Benefits ______ _______
CURRENT OTHER PAYMENTS PAID: Weekly or Monthly
Rent Paid ______ _______
Loans ______ _______
Other (Describe) ______ _______
Other (Describe) ______ _______
Other (Describe) ______ _______
Total Other Payments ______ _______
CURRENT TOTAL OF ALL PAYMENTS: Weekly or Monthly
$0
______ _______
DATED: __________ ________________________________________
PRINCIPAL, OFFICER, DIRECTOR, OR INSIDER
Form 6
Intermet Corporation and Subsidiaries SUDM, Inc.
Schedule of In-Force Insurance Case Number: 04-67602
POLICY COVERAGE CARRIER POLICY PERIOD
- ----------------------------- ---------------------------- ----------------------------
Property Lloyds 11/1/04-11/01/05
Boiler/Machine Hartford 11/1/04-11/01/05
Cargo Fireman's Fund 11/1/04-11/01/05
Truck Cargo Fireman's Fund 11/1/04-11/01/05
Aviation USAIG 11/1/04-11/01/05
Fiduciary St. Paul 11/1/04-11/01/05
Primary D&O St. Paul 11/1/04-11/01/05
Excess D&O Chubb 11/1/04-11/01/05
Side A Platte River 11/1/04-11/01/05
Crime Gulf 11/1/04-12/1/04
General Liability Liberty Mutual 11/1/04-12/22/04
Umbrella National Union 11/1/04-12/22/04
Work Comp Liberty Mutual 11/1/04-12/22/04
Excess Work Comp Liberty Mutual 11/1/04-12/22/04
Auto Liberty Mutual 11/1/04-12/22/04
Foreign (DIC) Liberty Mutual 11/1/04-12/22/04
UNITED STATES BANKRUPTCY COURT
FOR THE EASTERN DISTRICT OF MICHIGAN
TRANSMITTAL OF FINANCIAL REPORTS AND
CERTIFICATION OF COMPLIANCE WITH UNITED STATES TRUSTEE
OPERATING REQUIREMENTS FOR
THE PERIOD ENDED: October 31, 2004
------------------
IN RE:
Intermet Corporation, et al
CASE NUMBER: 04-67610
Chapter 11
Tool Products, Inc. Judge: Marci B. McIvor
- ---------------------------------------/
Debtor
As debtor in possession, I affirm:
1. That I have reviewed the financial statements attached hereto, consisting of:
X Operating Statement (Form 2)
---
X Balance Sheet (Form 3)
---
X Summary of Operations (Form 4)
---
X Monthly Cash Statement (Form 5)
---
X Statement of Compensation (Form 6)
---
X Schedule of In-Force Insurance (Form 7)
---
and that they have been prepared in accordance with normal and customary
accounting practices, and fairly and accurately reflect the debtor's financial
activity for the period stated;
2. That the insurance, including workers' compensation and unemployment
insurance, as described in Section 5 of the Operating Instructions
and Reporting Requirements For Chapter 11 Cases is in effect; and,
(If not, attach a written explanation) YES X NO
--- ---
3. That all post-petition taxes as described in Section 9 of the Operating
Instructions and Reporting Requirements For Chapter 11 cases are current.
(If not, attach a written explanation) YES X NO
--- ---
4. No professional fees (attorney, accountant, etc.) have been paid without
specific court authorization.
(If not, attach a written explanation) YES X NO
--- ---
5. All United States Trustee Quarterly fees have been paid and are current.
YES X NO
--- ---
6. Have you filed your pre-petition tax returns.
(If not, attach a written explanation) YES X NO
--- ---
I hereby certify, under penalty of perjury, that the information provided above
and in the attached documents is true and correct to the best of my information
and belief.
/s/ Robert E. Belts
Dated: December 3, 2004 ------------------------------------------------
------------------ Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- -----------------------
Title Phone
Form 1
Intermet Corporation and Subsidiaries
Operating Statement Case #04-67610
For the Month Ended 10-31-04 Tool Products, Inc.
(000's) -------------------------------------------
Current Month Total Since Filing
------------------ ---------------------
Net Sales $4,933 $4,933
Cost of Goods Sold
Materials and Freight 924 924
Wages - Hourly 987 987
Wages-Salary 251 251
Employee Benefits and Pension 521 521
Repairs & Maintenance 96 96
Supplies 141 141
Utilities 195 195
Purchased Components/Services 1,070 1,070
Income(loss) from Pattern Sales (17) (17)
Fixed Asset - (gain/loss) 0 0
MIS Expense 30 30
Travel & Entertainment 7 7
Other Variable Costs 41 41
Depreciation & Amortization 135 135
Other Allocated Fixed Costs 0 0
Other Fixed Costs 60 60
----------------- ---------------------
Cost of Goods Sold 4,442 4,442
Gross Profit 491 491
Plant SG&A Expense 111 111
SG&A Expense - Allocation (Sched 1) 127 127
Other Operating Expenses 0 0
----------------- ---------------------
Total Operating Expenses 238 238
----------------- ---------------------
Operating Profit 253 253
Outside Interest Income 0 0
Outside Interest (Expense) (6) (6)
Intercompany Interest Income 0 0
Intercompany Interest (Expense) (58) (58)
Charges (From) Affiliates 0 0
Charges To Affiliates 0 0
Income From European Subsidiary 0 0
Other Income/(Expense) 0 0
----------------- ---------------------
Total Non-Operating Expenses (64) (64)
Income Before Income Taxes 188 188
Income Tax Expense 3 3
----------------- ---------------------
Net Income $185 $185
================= =====================
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs (October)
(Allocation of Corporate Costs to Filing Entities)
October
----------
Officer Compensation $ 196,042
Salary Expense other Employees 802,961
Employee Benefits and Pension 133,527
Payroll Taxes 43,948
Other Taxes 6,922.86
Rent and Lease Expense 180,971
Interest Expense
Insurance 69,363
Automobile and Truck Expense 2,695
Utilities(Gas Electric,Phone) 47,700
Depreciation 89,205
Travel and Entertainment 70,376
Repairs and Maintenance 53,523
Advertising/Promotion 0
Supplies, Office Expense 24,275
OTHER:
Contributions 0
Professional Fees - Audit/Tax 131,192
Bank Fees 17,576
Public Reporting Fees 16,000
Employee Relocation/Training 2,850
Data Processing 28,029
Dues and Subscriptions 7,328
Outside Services 311,339
Project Development Costs net of Billings 56,285
Director Fees (144,667)
Miscellaneous (158,119)
Professional Fees - Bankruptcy 2,643,198
Cost Allocation - Out (227,787)
----------
$4,404,731
==========
Allocation:
Wagner Castings $ 177,312
Northern Castings 46,825
Ironton Iron 0
Lynchburg Foundry 179,333
Columbus Foundry 290,418
Wagner Havana 0
Intermet U.S. Holdings 240,779
Cast-Matic Corp. 76,250
Diversified Diemakers 239,650
Ganton Technologies 155,833
Tool Products 127,416
Intermet Corporation 2,870,915
----------
Total $4,404,731
==========
Intermet Corporation and Subsidiaries
Balance Sheet As Of 10-31-04
(000's)
Case #04-67610
Tool Products, Inc.
-------------------
Cash And Equivalents $3
Accounts Receivable 9,868
Short-Term Intercompany Receivables 563
Inventories 4,252
Other Current Assets 428
---------------
TOTAL CURRENT ASSETS 15,114
Land and Buildings 10,872
Machinery & Equipment 21,213
Construction In Progress 4,695
---------------
Total Fixed Assets 36,779
Accumulated Depreciation (13,539)
---------------
NET FIXED ASSETS 23,241
Investment In Subsidiaries 0
Investment In European Operations 0
Long-Term Intercompany Receivables 7,731
Deferred Taxes, Long-Term Asset 0
Other Assets 0
---------------
TOTAL ASSETS $46,086
===============
LIABILITIES AND SHAREHOLDER EQUITY
POST PETITION LIABILITIES
Accounts Payable $1,029
Wages and Salaries (See schedule) 183
Taxes Payable - (See schedule) 68
---------------
TOTAL POST PETITION LIABILITIES 1,280
SECURED LIABILITIES:
Secured Liabilities - Bank Debt 0
PRE-PETITION LIABILITIES:
TAXES AND OTHER PRIORITY LIABILITIES:
Accrued Income Taxes 0
Accrued Tax - State 3
Accrued Property Taxes 188
Accrued Workers Comp. 408
Accrued Payroll 238
Accrued Payroll Taxes 2
---------------
TOTAL TAXES AND OTHER PRIORITY LIABILITIES 839
UNSECURED LIABILITIES
Accounts Payable 7,058
IDR Bonds 1,500
---------------
TOTAL UNSECURED LIABILITIES 8,558
OTHER LIABILITIES
Accrued Liabilities 2,197
Total Intercompany Payables 802
Notes Payable, Short Term 0
Capital Leases 574
Retirement Benefits 249
Deferred Taxes - Long-Term Liability 0
Other Long-Term Liabilities 0
---------------
TOTAL LIABILITIES 14,499
Common Stock 0
Capital In Excess Of Par Value 19,200
Retained Earnings - Pre-Petition 12,201
Retained Earnings - Post- Petition 185
Equity in European Operations 0
Accumulated Translation Adjustment 0
Minimum Pension Liability Adjustment 0
Unearned Restricted Stock 0
---------------
TOTAL SHAREHOLDERS' EQUITY 31,586
---------------
TOTAL LIABILITIES AND EQUITY $46,086
===============
PERIOD ENDED: 10-31-04 TOOL PRODUCTS, INC. (MINNEAPOLIS) CASE #04-67610
--------------------------
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
9/30/2004 Withheld Deposits 10/31/2004
-------------------------------------------------------------------------------
Income tax withheld: Federal $0 ($98,890) $81,746 ($17,144)
Income tax withheld: State $0 ($40,656) $33,578 ($7,077)
Income tax withheld: Local $0 $0 $0 $0
FICA Withheld $0 ($70,578) $58,358 ($12,220)
Employers FICA $0 ($70,587) $58,358 ($12,229)
Unemployment Tax: Federal $0 ($163) $118 ($45)
Unemployment Tax: State $0 ($1,728) $1,426 ($303)
All Other Payroll W/H $0 ($98,426) $79,191 ($19,235)
State Taxes: Inc./Sales/Use/Excise $0 $0 $0 $0
Property Taxes $0 ($10,833) $0 ($10,833)
Workers Compensation $0 $0 $0 $0
-------------------------------------------------------------------------------
Total $0 ($391,862) $312,775 ($79,087)
Wages and Salaries $0 ($666,301) $542,023 ($124,278)
-------------------------------------------------------------------------------
Grand Total $0 ($1,058,163) $854,798 ($203,365)
===============================================================================
Aging of Accounts Receivable
and Post Petition Accounts Payable
Age in Days (Post Petiition) 0-30 Days 30-60 Days Over 60 Days
Accounts Payable $682,535 $0 $0
Accounts Receivable (See attached schedule)
<Table>
<Caption>
ACCOUNTS RECEIVABLE AGING
10/31/04
(000's)
PAST DUE BALANCES
---------------------------------------
TOTAL CURRENT 1 - 30 31 - 60 61 - 90 OVER 90
------ ------- ------ ------- ------- -------
DOMESTIC FERROUS:
- - Archer Creek 7,100 6,700 400 -- -- --
- - Radford 100 -- -- -- -- 100
------ ------ ----- --- --- -----
Lynchburg Foundry, Inc. 7,200 6,700 400 -- -- 100
Columbus Foundry, LP. 25,800 22,700 2,400 400 -- 300
- - Columbus Machining 500 300 200 -- -- --
- - New River 11,700 6,400 4,700 400 100 100
------ ------ ----- --- --- -----
Intermet U.S. Holding, Inc. 12,200 6,700 4,900 400 100 100
Wagner Castings Co. 8,743 7,086 700 300 157 500
Wagner Havana, Inc. -- -- -- -- -- --
Northern Castings Corp. 1,542 1,042 400 -- 100 --
LIGHT METALS:
- - Jackson 3,184 2,300 400 200 100 184
- - Minneapolis 7,200 5,000 1,500 200 100 400
------ ------ ----- --- --- -----
Tool Products, Inc. 10,384 7,300 1,900 400 200 584
Diversified Diemakers, Inc. 13,800 9,500 2,000 400 100 1,800
- - Pulaski 3,700 2,400 400 600 200 100
- - Racine Plants 8,700 7,200 500 100 100 800
------ ------ ----- --- --- -----
Ganton Technologies, Inc. 12,400 9,600 900 700 300 900
Castmatic Corporation 5,000 4,600 400 -- -- --
</Table>
PERIOD ENDED: 10-31-04 TOOL PRODUCTS, INC. (JACKSON) CASE #04-67610
--------------------------
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
9/30/2004 Withheld Deposits 10/31/2004
---------------------------------------------------------------------------
Income tax withheld: Federal $0 ($49,215) $41,654 ($7,561)
Income tax withheld: State 0 0 0 0
Income tax withheld: Local 0 0 0 0
FICA Withheld 0 (35,019) 29,360 (5,659)
Employers FICA 0 (35,019) 29,360 (5,659)
Unemployment Tax: Federal 0 (393) 350 (44)
Unemployment Tax: State 0 (1,104) 973 (131)
All Other Payroll W/H 0 (43,412) 34,287 (9,125)
State Taxes: Inc./Sales/Use/Excise 0 (3,000) 0 (3,000)
Property Taxes 0 0 42,071 42,071
Workers Compensation 0 0 0 0
---------------------------------------------------------------------------
Total $0 ($167,163) $178,055 $10,892
Wages and Salaries 0 (340,676) 282,171 (58,505)
---------------------------------------------------------------------------
Grand Total $0 ($507,839) $460,226 ($47,613)
===========================================================================
Aging of Accounts Receivable
and Post Petition Accounts Payable
Age in Days (Post Petition) 0-30 Days 30-60 Days Over 60 Days
Accounts Payable $346,648 $0 $0
Accounts Receivable (see attached schedule)
Accounts Receivable Aging
-------------------------
10/31/04
(000's)
<Table>
<Caption>
PAST DUE BALANCES
-------------------------------
TOTAL CURRENT 1-30 31-60 61-90 OVER 90
------ ------- ----- ----- ----- -------
Domestic Ferrous:
-- Archer Creek 7,100 6,700 400 -- -- --
-- Radford 100 -- -- -- -- 100
------ ------- ----- ----- ----- -------
Lynchburg Foundry, Inc. 7,200 6,700 400 -- -- 100
-- Columbus Foundry,LP. 25,800 22,700 2,400 400 -- 300
-- Columbus Machining 500 300 200 -- -- --
-- New River 11,700 6,400 4,700 400 100 100
------ ------- ----- ----- ----- -------
Intermet U.S. Holding, Inc. 12,200 6,700 4,900 400 100 100
Wagner Castings Co. 8,743 7,086 700 300 157 500
Wagner Havana, Inc. -- -- -- -- -- --
Northern Castings Corp. 1,542 1,042 400 -- 100 --
LIGHT METALS:
-- Jackson 3,184 2,300 400 200 100 184
-- Minneapolis 7,200 5,000 1,500 200 100 400
------ ------- ----- ----- ----- -------
Tool Products, Inc. 10,384 7,300 1,900 400 200 584
Diversified Diemakers, Inc. 13,800 9,500 2,000 400 100 1,800
-- Pulaski 3,700 2,400 400 600 200 100
-- Racine Plants 8,700 7,200 500 100 100 800
------ ------- ----- ----- ----- -------
Ganton Technologies, Inc. 12,400 9,600 900 700 300 900
Castmatic Corporation 5,000 4,600 400 -- -- --
</Table>
INTERMET CORPORATION AND SUBSIDIARIES PERIOD ENDED 10/31/2004
MONTHLY CASH STATEMENT
CASH ACTIVITY ANALYSIS:
CASE # 04-67610
TOOL PRODUCTS, INC (JACKSON)
---------------------------------------------------------------------
ACCOUNT TYPE LOCKBOX 672984 LOCKBOX 77881 AP PR
ACCOUNT # 1851811321 363168104 2176982870 2176983068
BANK Comerica Bank One Comerica Comerica TOTAL
BEGINNING BANK BALANCE - - - - -
RECEIPTS 1,038,233 - - - 1,038,233
TRANSFERS IN (CORPORATE) - - 376,001 113,102 489,103
DIP INFLOW - - - - -
DISBURSEMENTS - - (376,001) (113,102) (489,103)
----------- ----------- --------- -------- -----------
TRANSFERS OUT (CORPORATE) (1,038,233) - - - (1,038,233)
ENDING BANK BALANCE - - - - -
WIRES PAID FOR BY CORPORATE 634,174 139,431 773,605
CHECKS ISSUED 519,636
---------
TOTAL DISBURSEMENTS (SEE TOTAL
DISBURSEMENTS RECONCILIATION) 1,153,811
=========
CHECKS ISSUED 519,636
CHECK CLEARED (376,001)
---------
OUTSTANDING CHECKS (SEE OUTSTANDING CHECKLIST) 143,636
=========
TOOL PRODUCTS, INC. (JACKSON) CASE NO. 04-67610
CASH DISBURSEMENTS
OCTOBER 2004
TOTAL OCTOBER TOTAL CASH
VENDOR NAME CHECKS WIRES DISBURSEMENTS
-------------
A1 CHEMICAL -
AAA PLUMBING & ELECTRICAL - -
ACTION FLUID - -
ADVANCED METAL PRODUCTS 179 179
ADVANTAGE ENGINEERING INC. - -
AH ASSOCIATES 3,200 3,200
AIM POWER AND FLUIDS - -
AIR DRAULICS ENGINEERING CO 938 938
AIRGAS SOUTH - -
ALCAN PRIMARY PRODUCTS CORP. - 251,748 251,748
ALCHEM ALUMINUM, INC. - 376,970 376,970
ALFE CORP GROUP - -
ALPHA RESOURCES INC - -
AMCOR - -
APPLIED INDUSTRIAL TECH 433 433
ARMOR ENVIRONMENTAL SER INC - -
AT &T - -
AVAS - -
AVAYA - -
B & B FIRE PROTECTION - -
B & B TOOL AND DIE COMPANY INC - -
BEKINS 8,326 8,326
BELLSOUTH - -
BERTELKAMP AUTOMATION, INC. 650 650
BETTY NASH 340 340
BLUFF CITY ELECTRONICS - -
BNX SHIPPING, INC. - -
BOISE CASCADE OFFICE PRODUCTS - -
BROWN & SHARPE MSD - -
BUHLER INC 83 83
BUSINESS EQUIPMENT CENTER - -
CANON FINANCIAL SERVICES, INC. 1,036 1,036
CANTEEN VENDING SERVICE - -
CARE PETROLEUM INC 1,200 1,200
CARLTON BATES COMPANY - -
CARPENTER BROTHERS INC - -
CASTLE COMPANY INC - -
CHAPTER 13 TRUSTEE 7,660 7,660
CHEM STATION - -
CHEM TREND INCORPORATED 12,617 12,617
CHEM-DRY - -
CHRIS BAKER 300 300
CHRIS JOYNER 315 315
CIRCUI COURT CLERK CIVIL DIV 441 441
CITICAPITAL 360 360
CITICAPITAL COMMERICAL 641 641
CITY OF JACKSON 541 541
CLEMCO SALES INC - -
COLE PALLET COMPANY LLC - -
COLE-PARMER INSTRUMENT - -
COMMERCIAL STEEL ERECTION - -
COMPRESSORS & TOOLS, INC. - -
COMPUTER CONSULTING SERVICES - -
CONTRA COSTA COUNTY 475 475
CPC INC. 38,000 38,000
CRANE SERVICE INC - -
CROSS MACHINE TOOL CO.,INC. 600 600
CUPPLES J&J FAB SHOP - -
CUSTOM MOLD - -
D & C SALES 600 600
D M E CORP 477 477
DANKA INDUSTRIES INC 579 579
DANLY IEM - -
DARLENE TURNER 239 239
DAVID COOK 587 587
DAVID WILLIAMS 397 397
DELL MARKETING LP - -
TOOL PRODUCTS, INC. (JACKSON) CASE NO. 04-67610
CASH DISBURSEMENTS
OCTOBER 2004
TOTAL OCTOBER TOTAL CASH
VENDOR NAME CHECKS WIRES DISBURSEMENTS
-------------
DIECO TOOL & DIE - -
DIEMER ASSOCIATES INC - -
DIMETEK INTERNATIONAL INC 2,828 2,828
D-LUCK'S DIE INC - -
DON FORSYTHE 467 467
DONALDSON COMPANY INC - -
DRUMCO OF TENN. - -
DY-KAST SUPPLY CO. - -
EAGLE WAREHOUSE & DIST. 1,200 1,200
EMED CO, INC - -
ENGINEERED PRODUCTS DIVIS - -
FERGUSON BROS INC - -
FLOZONE SERVICES INC 1,087 1,087
FLUID POWER OF MEMPHIS - -
FRANKLIN ELECTROFLUID CO - -
FUGITT RUBBER AND SUPPLY CO 2,228 2,228
G & H INDUSTRIES - -
G.W. SMITH AND SONS INC - -
GENERAL SESSIONS CLERK 412 412
GESSWEIN - -
GOLDEN KEY REALTORS 650 650
GOODRICH TOOL & SUPPLY - -
GORDON PETERS 2,955 2,955
GORTRAC DIVISION - -
GRAINGER (JKSN) - -
GRAVES METAL PRODUCTS, INC. - -
GREEN AND ASSOCIATES INC - -
GREEN GUARD FIRST AID & SAFETY - -
H C I SUPPLY INC. 1,789 1,789
HARIG MANUFACTURING - -
HERSCHAL PRODUCTS INC - -
HESS ENVIROMENTAL SERVICES, INC - -
HI TEMP PRODUCTS INC 2,725 2,725
HILDRETH 1,570 1,570
HI-TECH SALES & SERVICE, INC. - -
HI-SPEED INDUSTRIAL SERVICE - -
HUB CITY BLUEPRINT & SUPPLY CO - -
I SQUARED R ELEMENT CO., INC. - -
INDUSTRIAL GYPSUM - -
INDUSTRIAL LUBRICANTS - -
INSTRU CON - -
INTEGRATED SALES & ENGINEERING - -
J & L INDUSTRIAL SUPPLY - -
JACKSON COMMUNICATIONS 49 49
JACKSON ENERGY AUTHORITY 1,061 1,061
JACKSON METAL SERVICES INC - -
JACKSON SUN 139 139
JAMIE KEELE 638 638
JANICE VERNADO 232 232
JENNIFER CHERRY 421 421
JIT FORMS 272 272
JONES, GRADY W.-CO. OF MEMPHIS 3,000 3,000
KAREN LAIRD 703 703
KENNY PIPE AND SUPPLY, INC - -
KENT RUDBECK - -
KEVIN WASHBURN 900 900
KING TIRE CO - -
L & S PRECISION TOOL 3,535 3,500 7,035
L&H SUPPLY CO INC - -
LAB SAFETY SUPPLY INC 85 85
LAFRANCE MFG CO - -
LARRY BRAY 403 403
LEE ANN LANIER 220 220
LINE PRECISION - -
LISA MCGEE 344 344
LOADCELL CENTRAL - -
M & I MACHINE 692 692
TOOL PRODUCTS, INC. (JACKSON) CASE NO. 04-67610
CASH DISBURSEMENTS
OCTOBER 2004
TOTAL OCTOBER TOTAL CASH
VENDOR NAME CHECKS WIRES DISBURSEMENTS
-------------
Machine Tool & Supply (JKSN) 3,318 3,318
MACK PEST CONTROL 140 140
MADISON ELECTRIC SERVICE 164 164
MADISON FINISHING INC 35,000 35,000
MANPOWER (JACKSON) - -
MARK FOSTER 545 545
MARTIN INDUSTRIAL SUPPLY - -
MARY RAYNER 330 330
McCOYS HEATING AND AIR, INC. - -
MCKENZIE BANKING COMPANY - -
MCMASTER CARR SUPPLY CO - -
METALLURG ALUMINUM - 2,450 2,450
METALLICS SYSTEMS CO. L.P. - -
MID STATES ELECTRIC COM INC - -
MIDVALE INDUSTRIES INC - -
MIDWEST MACHINE TOOL - -
MIRSA CORPORTION 6,000 6,000
MOLTEN METAL EQUIP. INNOVATION - -
MOTION INDUSTRIES INC - -
MSC INDUSTRIAL SUPPLY CO INC 932 932
MTRONICS.COM INCORPORATED 183,751 183,751
MULLER OPTICAL CO - -
Muscular Dystrophy Association - -
MWP INDUSTRIAL SERVICE - -
NATIONAL ELEMENT - -
NCR E RECOVERY 164 164
NORTHSIDE MEDICAL CLINC - -
OLD COUNTRY STORE - -
OMEGA ENGINEERING INC - -
PARAGON PATTERN & MFG. CO. - -
PARAMOUNT UNIFORM RENTAL 2,847 2,847
PAT WALKER 1,158 1,158
PAULO PRODUCTS CO. - -
PDC LABORATIES INC 45 45
PENN TOOL CO. - -
PENNSYLVANIA STATE CHILD SUPP 669 669
PERSONNEL MANAGEMENT INC - -
PITNEY BOWES CREDIT CORP 105 105
POWER EQUIPMENT COMPANY - -
PRAB CONVEYORS INC - -
PRECISION INTERNATIONAL CORP - -
PRECISION MACH PRODUCTS 51,212 51,212
PRINCE MACHINE 111 111
PROCESS & POWER INC - -
PRODUCT ACTION - -
PRS - -
PYROTEK, INC. 11,698 11,698
QME, INC. - -
QUEST DIAGNOSTICS - -
RADIAC ABRASIVES, INC. - -
RAGAN'S BP 654 654
RIMROCK CORP - -
ROGER WIGGINS 244 244
ROTO FINISH - -
SEARS - -
Servicios Multiples Industrial - -
SHAMROCK ENGINEERING CO - -
SHEFFIELD MACHINE FOUNDRY 5,540 5,540
SHERI CHURCH 48 48
SHERRY CURRIE 289 289
SIDNEY DAVID FLORIST & GIFT - -
SIOUX STEAM CLEANER CORP - -
SIR SPEEDY - -
SPAN AMERICA INC - -
SPECTRUM FINISHING 15,000 15,000
SPRINT 348 348
State of Tennessee 100 100
TOOL PRODUCTS, INC. (JACKSON) CASE NO. 04-67610
CASH DISBURSEMENTS
OCTOBER 2004
TOTAL OCTOBER TOTAL CASH
VENDOR NAME CHECKS WIRES DISBURSEMENTS
-------------
STEVE LEMONS 374 374
STRIKO DYNARAD CORPORATION 237 237
SUPERIOR FIRE PROTECTION - -
SUPERIOR TOOL AND DIE 17,633 17,633
SUPERIOR TOOL LLC - -
SYSTEMS UNLIMITED - -
TEC ENVIRONMENTAL LABORATORIES - -
TENCARVA MACHINERY CO. - -
TENN DIE SUPPLY CO INC - -
TENNESSEE VALLEY ELECTRIC CO - -
THE BERGQUIST COMPANY - -
THE CUTTING EDGE 3,760 3,760
THE JACKSON SUN - -
THE ROYAL GROUP 16,138 16,138
TIM COOPER 582 582
TIM MCKEE 646 646
TN CHILD SUPPORT RECT UNIT 5,293 5,293
TONY TRICE 74 74
TOOL GRINDING 776 776
TOWNSEND SUPPLY COMPANY - -
TRANSFAIR INC. - -
ULTIMATE OFFICE - -
UNITED SAW AND SUPPLY CO - -
VERIZON WIRELESS - -
WEST TENNESSEE COFFEE SERVICE - -
WESTHOFF MACHINE CO. - -
WILLER TOOL CORPORATION 41,400 41,400
WILMA ALLEN - -
WILSON TOOL AND DIE, INC. - -
ZYP COATINGS INC. - -
------- ------- ---------
519,143 634,668 1,153,811
TOOL PRODUCTS, INC.
CASE NO. 04-67610
JACKSON - OCTOBER BANK RECONCILIATION
Bank Balance -
Actual Outstanding Checks (143,636)
Prepetition checks to be voided
in October (11,111)
Misc diff. (3)
--------
Book Balance (154,750)
========
JACKSON
OUTSTANDING CHECKS
CASE NO. 04-67610
CHECK DATE OUTSTANDING
19733 10/6/2004 133.85
19747 10/11/2004 645.88
19771 10/14/2004 133.85
19780 10/18/2004 111.31
19787 10/19/2004 530.38
19788 10/19/2004 236.91
19795 10/20/2004 95.00
19798 10/20/2004 133.85
19803 10/21/2004 640.84
19809 10/21/2004 49.39
19811 10/21/2004 1,500.00
19814 10/21/2004 84.87
19818 10/21/2004 45.00
19819 10/21/2004 10,389.60
19824 10/21/2004 650.42
19826 10/21/2004 1,242.80
19827 10/25/2004 218.87
19829 10/26/2004 8,326.02
19831 10/26/2004 692.00
19832 10/26/2004 583.87
19833 10/26/2004 163.85
19837 10/27/2004 1,286.04
19838 10/27/2004 4,959.15
19839 10/27/2004 88.10
19841 10/27/2004 95.00
19843 10/27/2004 82.43
19845 10/27/2004 328.69
19846 10/27/2004 140.00
19847 10/27/2004 133.85
19855 10/27/2004 2,305.71
19856 10/27/2004 17,633.33
19857 10/27/2004 1,268.30
19861 10/27/2004 6,585.79
19862 10/27/2004 528.28
19865 10/28/2004 179.05
19866 10/28/2004 13,115.00
19867 10/28/2004 300.00
19868 10/28/2004 38,000.00
19870 10/28/2004 138.60
19872 10/28/2004 1,253.04
19873 10/28/2004 698.00
19874 10/28/2004 2,500.00
19875 10/28/2004 348.29
19876 10/28/2004 900.00
19877 10/28/2004 24,160.64
----------
Outstanding October Checks 143,635.85
==========
INTERMET CORPORATION AND SUBSIDIARIES PERIOD ENDED 10/31/2004
MONTHLY CASH STATEMENT
CASH ACTIVITY ANALYSIS:
CASE # 04-67610
TOOL PRODUCTS - MINNEAPOLIS
--------------------------------------------------------------------
ACCOUNT TYPE LOCKBOX 672990 DEPOSIT AP PR
ACCOUNT # 1851811339 1.04756E+11 2176982920 2176983076
BANK Comerica US Bank Comerica Comerica TOTAL
BEGINNING BANK BALANCE - - - - -
RECEIPTS 1,714,038 190,278 - - 1,904,316
TRANSFERS IN (CORPORATE) - - 440,036 100,921 540,957
DIP INFLOW - - - - -
DISBURSEMENTS - (802) (427,475) (100,921) (529,198)
TRANSFERS OUT (CORPORATE) (1,714,038) (188,180) (12,561) - (1,914,779)
----------- -------- --------- ------- -----------
ENDING BANK BALANCE - 1,296 - - 1,296
WIRES PAID FOR BY CORPORATE 998,943 747,172 1,746,115
CHECKS ISSUED 879,895
---------
TOTAL DISBURSEMENTS (SEE TOTAL
DISBURSEMENTS RECONCILIATION) 1,878,838
=========
CHECKS ISSUED 879,895
CHECK CLEARED (427,475)
---------
OUTSTANDING CHECKS (SEE OUTSTANDING CHECKLIST) 452,420
=========
TOOL PRODUCTS, INC. (MINNEAPOLIS) CASE NO. 04-67610
CASH DISBURSEMENTS
OCTOBER 2004
(WIRES AND CHECKS)
VENDOR TOTAL CASH
NUMBER VENDOR NAME DISBURSEMENTS
- ------ ------------------------------ ------------------
1008 INTERNATIONAL SURFACE PREPARAT $ -
1012 KANO LABORATORIES -
1014 ADVANCE PRODUCTS CORP -
1024 AIR ENGINEERING & SUPPLY 217
1029 MID STATE FABRICATING INC -
1032 CHEROKEE HARDWARE -
1034 CERTIFIED POWER INC 145
1040 AIR HYDRAULIC SYSTEMS -
1043 DAVANNIS INC -
1048 MARDON CONTROL SYSTEMS -
1049 G.W. SMITH AND SONS INC -
1052 LUDLOW ADVERTISING, INC. 860
1059 SPARTAN PROMOTIONAL GROUP -
1086 MAZAK CORPORATION -
1091 JESCO INDUSTRIAL SUPPLIES 190
1096 W.W. GRAINGER PARTS OPERATIONS -
1107 FRANCI AMES 501
1118 MARODI INC -
1129 PROGRESSIVE BUSINESS PUBLIC. -
1168 DAVE ALEXANDER 42
1185 LYN HELLAND 1,231
1201 MARUDAS BUSINESS FORMS CO -
1204 LAB SAFETY SUPPLY INC 372
1209 CULLIGAN METRO -
1227 BLUMENTHALS 12,561
1232 BERNE SCALE CO 3,071
1233 VER TECH -
1248 MCMASTER CARR SUPPLY CO 2,190
1253 WEST WELD 269
1257 BRAAS COMPANY 752
1260 NOVOTECHNIK U.S. INC 1,029
1261 BROADWAY RENTAL EQUIP CO -
1264 BROWNING & FERRIS -
1269 ENERGY MANAGEMENT -
1270 FASTENAL COMPANY -
1271 MO TECH CORP -
1272 TOSHIBA MACHINE COMPANY 409
1273 VERSA IRON & MACHINE -
1275 CLARKLIFT OF MINNESOTA -
1276 BARNES DISTRIBUTION 154
1278 TOOLING SCIENCE/C&D TOOL INC. 9,600
1279 ARROW CRYOGENICS 28,961
1283 INDUSTRIAL FLOOR MAINT 1,726
1291 CENTRAL CONTAINER CORP 33,640
1293 HOSE/CONVEYORS INCORPORATED 811
1296 OLMSTED PRODUCTS CO 1,014
1302 NEWARK ELECTRONICS -
1303 DECO TOOL SUPPLY COMPANY 523
1306 CITY OF NEW HOPE 5,270
1307 CHEM TREND LIMITED PARTNERSHIP 4,723
1318 CONCEPT MACHINE TOOL 335
1332 FISHER SCIENTIFIC CO -
1337 NEW DIMENSION PLATING 4,015
1339 PROFILE TOOL & ENG INC 42,000
1341 D M E CORP -
1364 LEEF BROS INC 8,510
1377 DOALL TWIN CITIES CO -
1382 C C DAY COMPANY 29
1388 DUNCAN COMPANY 829
1391 EDM SALES & SUPPLIES 217
1392 PRECISION POLISHING -
1395 COMMUNICATIONS UNLIMITED 59
1401 ELVIN SAFETY SUPPLY INC -
1403 AIR POWER EQUIPMENT CORP 358
1416 SUNSOURCE 122
1423 FLAME METALS PROCESSING 485
1424 COLUMBIA PRODUCTS -
1428 JOHN HENRY FOSTER CO 381
1429 VALMONT/APPLIED COATING TECH. 4,121
1443 GARLANDS INC 134
1450 IKON FINANCIAL SERVICES 2,875
TOOL PRODUCTS, INC. (MINNEAPOLIS) CASE NO. 04-67610
CASH DISBURSEMENTS
OCTOBER 2004
(WIRES AND CHECKS)
VENDOR TOTAL CASH
NUMBER VENDOR NAME DISBURSEMENTS
- ------ ------------------------------ ------------------
1463 ADHESIVE LABEL COMPANY -
1470 FLAME METALS -
1476 LUBE TECH 1,352
1491 SHAMROCK ENGINEERING CO -
1498 THYSSEN SPECIALTY STEELS -
1503 METAL TREATERS INC 53
1506 NORTHERN SANITARY SUPPLY 675
1517 BUHLER INC 1,202
1520 POLCO METAL FINISHING INC -
1523 CHUCKS GRINDING INC -
1530 GOODIN CO 171
1532 W W GRAINGER INC -
1534 J M GRIMSTAD -
1537 WALTER HAMMOND CO 604
1538 HARD CHROME INC -
1551 J & W INSTRUMENTS, INC. -
1553 KILLMER ELEC CO INC -
1554 LAKELAND ENG 56
1559 MCNALLANS OFFICE PRODUCT -
1560 MACHINE TOOL SUPPLY INC 80
1561 MARS WP & RS 12
1564 MIDWEST MACHINE TOOL 1,792
1567 REPLENEX (A-1 CUTTING TOOLS) 274
1571 MINNESOTA GLOVE INC 430
1576 NORMAN EQUIPMENT COMPANY 51
1577 XCEL ENERGY -
1579 NOTT CO. 684
1580 DAVID OLSON SALES CO -
1581 P F C EQUIPMENT 1,248
1584 PIONEER METAL FINISHING 5,027
1587 PRECISION PUNCH & PLASTIC -
1589 IDRAPRINCE INC. -
1591 QUEST ENGINEERING INC 400
1592 RIMROCK CORP 810
1593 ROTO ROOTER -
1597 SEMCO INC -
1601 SPECTRO ALLOYS CORP 837,523
1629 BEES INDUSTRIAL SERVICES -
1632 AUTOMATION SENSORS INC 74
1659 PARAGON TECHNOLOGIES -
1665 TOLL COMPANY 961
1668 MINDAK DISTRIBUTING -
1688 TRAVERS TOOL CO INC -
1689 PRODUCTIVITY QUALITY INC -
1712 S & S TOOL INC -
1725 FRANKLIN QUEST CO 33
1734 MARTIN CALIBRATION -
1741 IBM LIMITED SPECIAL BILLING 9
1742 STORK-TWIN CITY TESTING CORP 1,026
1746 TOYOTA-LIFT OF MINNESOTA 1,692
1768 SPIRIT TOOL & DIE 7,911
1769 VIKING AUTOMATIC SPRINKLER CO -
1770 PRECISION TOOL CO. -
1775 IKON OFFICE SOLUTIONS -
1785 ASSOCIATED BAG COMPANY 703
1788 CARBON PRODUCT TECHNOLOGY 770
1794 A&C METALS-SAWING INC 525
1817 SPRAY RITE INC 61,268
1818 LEHIGH SAFETY SHOE CO -
1819 CONSOLIDATED CONTAINER COMPANY 341
1846 RAY DAY 613
1873 SUPERAMERICA -
1874 TENNESSEE DEPT OF LABOR & WORK 3,221
1879 MECH TECH INC -
1890 SPHERION 238,261
1891 CON-WAY CENTRAL EXPRESS 363
1896 MATUSHAK LEON -
1900 LARRY SCHWEBACH 1,691
1907 MINNESOTA DEPT OF REVENUE -
1920 DAVE COWAN 188
1973 DIEMER ASSOCIATES INC -
TOOL PRODUCTS, INC. (MINNEAPOLIS) CASE NO. 04-67610
CASH DISBURSEMENTS
OCTOBER 2004
(WIRES AND CHECKS)
VENDOR TOTAL CASH
NUMBER VENDOR NAME DISBURSEMENTS
- ------ ------------------------------ ------------------
2003 PHELPS ASSOC -
2005 MARSHALL NELSON & ASSOC -
2089 ALL STAR SPORTS -
2129 SBC PAGING -
2137 ADVANTAGE ENG. 81
2138 HARTFIEL COMPANY 1,083
2140 POWER/MATION DIVISION 445
2149 APPLIED PRODUCTS, INC. -
2155 FERGUSON ENTERPRISES -
2158 ADAMS PEST CONTROL INC 69
2187 CROWN MARKING INC 42
2197 UNITED ELECTRIC CORP 9,146
2200 ADAMS NUT & BOLT COMPANY -
2210 PRODUCTIVITY INC -
2217 PITNEY BOWES INC -
2247 FEDEX FREIGHT EAST -
2270 MINNESOTA DEPT OF LABOR/IND -
2323 ENGINEERED PRODUCTS DIVIS -
2326 MINNESOTA UC FUND 14,740
2327 QWEST -
2328 PETTY CASH 998
2386 ASQ 119
2417 GREATER TWIN CITIES UNITED WAY 3,925
2420 MATT HANKEN 1,042
2449 MOORE, MCMILLEN IND. INC. -
2465 FIREBRICK ENGINEERING 479
2499 OCCUPATIONAL MEDICINE 510
2526 INTEGRATED SALES & ENGINEERING -
2530 PINNACLE ENGINEERING -
2593 CROWLEY & ASSOCIATES -
2632 NADCA -
2635 RICE INDUSTRIES -
2641 OLSEN CHAIN & CABLE -
2649 CADD/ENGINEERING SUPPLY, INC. -
2650 UNITED STATES TREASURY 1,837
2653 LEEANN CHINS 163
2682 TULL BEARINGS CO 1,170
2734 TOYOTA TSUSHO AMERICA, INC -
2746 NORTH SECOND STREET STEEL 765
2772 DWAYNE VOSS 360
2781 ULINE SHIPPING SUPPLIES 271
2822 FERRELLGAS 637
2824 AUTOMATED FINISHING INC -
2825 ROBERTS AUTOMATIC PROD INC 2,121
2838 SPECTRUM FINISHING 2,704
2875 FEDEX 340
2910 EDM TECH CENTER -
2912 PINE BEND LANDFILL -
2916 JOHN BENDIXEN 609
2921 FRANKIES 77
2932 MINNESOTA DEPT OF REVENUE 250
2944 TOM MILLETTE 592
3034 CMW -
3079 AQUA ENGINEERING INC -
3127 ENTEGEE/ADVANCE POSSIS 38,986
3172 P & H SERVICES INC. -
3204 PERSONNEL RESEARCH SERVICES 259
3210 DOODY MECHANICAL SERVICE 2,750
3212 TEXTRON FASTENING SYSTEMS 10,199
3213 WILSON TOOL INTERNATIONAL -
3215 METROCALL 29
3223 CORY MILLER 1,658
3226 TRU-TONE FINISHING 5,821
3230 FAMILY SUPPORT PAYMENT CENTER 202
3232 XTREME MACHINE, INC. -
3233 GERARD DUNNE 49
3235 SPECTRUM INDUSTRIES 14,930
3256 SHAMROCK GROUP -
3305 KEVIN KIRKHAM 213
3346 DENNIS PFEIFER 539
3355 RON MOORE 107
TOOL PRODUCTS, INC. (MINNEAPOLIS) CASE NO. 04-67610
CASH DISBURSEMENTS
OCTOBER 2004
(WIRES AND CHECKS)
VENDOR TOTAL CASH
NUMBER VENDOR NAME DISBURSEMENTS
- ------ ------------------------------ ------------------
3356 MITUTOYO AMERICA CORPORATION 568
3362 ALL INDUSTRY SUPPLIES 56
3392 DOMS INC -
3401 J & L INDUSTRIAL SUPPLY -
3407 AUTOMATION INC -
3458 WASHINGTON ST SUPPORT REGISTRY 462
3459 EDP ENGINEERING GROUP 64,496
3460 GMA CONNECTIONS dba CONREM -
3489 SETON IDENTIFICATION PRODUCTS 193
3512 CHET'S SAFETY SALES -
3514 NORANDA ALUMINUM 49,657
3516 CAMBRIDGE VALLEY MACHINING INC -
3520 CHANDLER INDUSTRIES -
3524 LEROY SCHERR 521
3532 LAKEVIEW POLISHING -
3536 TAYLOR'S IND SERV / HPM DIV -
3540 INLAND PAPERBOARD & PKG, INC. -
3541 NANCY MICKELSON 239
3542 HYDRAULIC SERVICE & MFG, INC. -
3544 GREAT RIVER PLASTICS 1,925
3546 HAMILTON CASTER & MFG CO 1,989
3548 MANPOWER -
3549 J & B EQUIPMENT CO, INC -
3565 TYCO -
3578 ENGINEERED FINISHING CORP. 3,103
3611 METAULLICS SYSTEMS CO. L.P. -
3670 PYROTEK 431
3689 ARAMARK REFRESHMENT SERVICES -
3711 THOMAS ZAGER 662
3736 JIM SANDELL 368
3760 JIM NIELSEN 510
3769 RICHARD DAMMAR 73
3771 CINDY MANCUSO -
3772 DWYER INSTRUMENTS -
3773 SOFTWARE TECHNOLOGY -
3775 ABSOLUTE -
3776 JEFF JOHNSON 100
3777 ALLEN C. LUNDGREN 479
3778 LAURICE A. LOVELL 382
3779 BECKY A. SMITH 584
3780 GENERAL ELECTRIC CAPITAL 30,807
3782 HAJIE Y. HYDARA 578
3783 JEFFREY J. DAHL 935
3784 DERREK J. CROSS 561
3785 DENNIS ANDERSON 713
3786 PETE BECK 313
3787 KEITH GARNER 1,056
3800 WIRE WORX -
3821 QWEST DEX MEDIA EAST LLC 35
3837 L & S SERVICES (prev antec) -
3859 QUICKWAY RIGGING AND 3,600
3897 DIAMOND TOOL -
3898 AVTEC FINISHING SYSTEMS,INC. -
4008 BODYCOTE TAUSSIG .INC -
4044 BATTERIES PLUS -
4045 TILSNER CARTON CO. 7,121
4056 DUFNERS -
4062 MICRO-WELD 5,775
4065 LSE NETWORK SERVICES -
4085 Dave Jesser 609
4111 H. R. PETERSON CO. 39
4127 CENTERPOINT ENERGY MARKETING -
4149 MRG TOOL AND DIE -
4183 RELIASTAR LIFE INSURANCE CO. 9,898
4227 EXCEL 682
4235 PIRTEK PLYMOUTH -
4237 GEORGE SCOTT 76
4244 HELP SYSTEMS INC 1,587
4245 HOME DEPOT -
4255 INOVIS 7,243
4257 AMERICAN CHEMISTRY COUNCIL -
TOOL PRODUCTS, INC. (MINNEAPOLIS) CASE NO. 04-67610
CASH DISBURSEMENTS
OCTOBER 2004
(WIRES AND CHECKS)
VENDOR TOTAL CASH
NUMBER VENDOR NAME DISBURSEMENTS
- ------ ------------------------------ ------------------
4298 UNION WELDING MACHINE CO 2,588
4300 DYNAMEX 418
4303 ASSOCIATED MATERIAL HANDLING -
4328 BANN FORMS TECHNOLOGY -
4342 CARPENTER BROTHERS, INC. -
4355 ECO FINISHING 2,053
4371 ADECCO EMPLOYMENT SERVICES -
4379 NORTHERN OAKS INSTRUMENT -
4408 SOUTHCO, INC -
4412 CRYSTAL DIE & MOLD 7,940
4413 ST. PAUL ENGRAVING -
4419 BOHLER UDDEHOLM CORP. 12,251
4431 AWD COOLERS -
4441 RIVER CITY PACKAGING 2,763
4475 VERIZON WIRELESS -
4493 KODIAK ENGINEERING,INC -
4512 KIRSTEN MULARKY 400
4517 LAWSON SOFTWARE -
4519 JOEL MATTILA 597
4524 IMPRINT ENTERPRISES 2,171
4544 HARBOR FREIGHT TOOLS -
4560 IBM CORP -
4571 RELIASTAR BANKERS -
4578 LOFTEN LABEL, INC. 396
4611 DADANT & SONS, INC 359
4670 SAM'S CLUB 420
4680 BRACH MACHINE INC 330
4693 STEVE GROTKIN -
4766 GLOBAL EXCHANGE SERVICES -
4769 TRANS-MAN LOGISTICS, INC. -
4781 OSI ENVIRONMENTAL -
4804 OFFICE DEPOT -
4805 LORNA BAUER 228
4813 AIRPORT & AIRLINE TAXI-CAB -
4817 QUAD STEEL 2,009
4820 WALMAN OPTICAL 234
4837 SUB-MEX 33,380
4843 THERMALTEK -
4860 FRISBY P.M.C. -
4861 FOUR SEASONS FLORAL & GIFTS -
4891 LIBERTY MUTUAL INSURANCE GROUP 336
4892 INTEGRA TELECOM 1,405
4893 C.P. VICTOR H. LOPEZ 300
4902 NEW EDGE NETWORKS -
4903 WEYERHAEUSER -
4912 UNUM LIFE INS. CO. OF AMERICA 944
4919 GREEN LIGHTS RECYCLING 509
4920 PREFERRED SOURCING 557
4923 PROGRESSIVE COMPONENTS 692
4929 NEXTRON CONSULTING -
4933 TOM LUTZ 596
4934 DAVID KUYKENDALL 729
4935 KFORCE -
4936 GENNADIY KHARAM 384
4937 ALPHA SANNEH 805
4938 ENERGY CENTER OF WISCONSIN 295
4939 CRYSTAL COLLISION CENTER 1,021
4941 SMI COLLECTIONS DEPT 101
4960 SPIROL INTERNATIONAL CORP -
5002 BOYER FORD -
5017 TROUT ENTERPRISES, INC. 541
5018 DIVERSIFIED ENTERPRISES 27
5022 S & T OFFICE PRODUCTS INC 1,237
5026 COMMERCIAL SAW -
5037 INTERNAL REVENUE SERVICE 1,681
5057 SUPERIOR LAWN 639
5067 DEPARTMENT OF SOCIAL SERVICES 188
5072 PROLIFT SERVICES, INC -
5092 CLAREY'S SAFETY EQUIPMENT INC -
5094 WEYERHAEUSER -
5122 MESSERLI & KRAMER 1,198
TOOL PRODUCTS, INC. (MINNEAPOLIS) CASE NO. 04-67610
CASH DISBURSEMENTS
OCTOBER 2004
(WIRES AND CHECKS)
VENDOR TOTAL CASH
NUMBER VENDOR NAME DISBURSEMENTS
- ------ ------------------------------ ------------------
5125 SKC INC. -
5167 MINN CHILD SUPPORT PAYMENT CTR 10,722
5170 MSC INDUSTRIAL SUPPLY CO INC 742
5185 WISCONSIN SCTF 253
5191 KEVIN TIEGS 669
5219 GENERAL ELECTRIC CAPITAL 15,054
5212 STEVE ZEMIEN 669
5240 SAVOIE SUPPLY CO. INC. 1,810
5252 LILLIAN CRONBERG 388
5269 ACCUMARK,INC. -
5272 S.W.ANDERSON -
5276 ZEC SALES, INC. -
5296 ROCHESTER TOOL & CUTTER -
5299 PAM'S POLISHING 320
5303 HILDRETH 2,754
5428 METALMATIC 69,429
5430 VIRCHOW, KRAUSE & COMPANY 4,250
5436 AVAS -
5439 BUSINESS SOLUTIONS -
5528 GODFREY & WING INC. -
5530 SHIPPERS SUPPLY INC. -
5555 NS/I MECHANICAL CONTRACTING CO 344
5568 CMS-CONSOLIDATED MEDICAL SER -
5591 JESKA TECHNICAL SERVICE, INC -
5592 POWDER TECH 10,143
5594 TITAN INDUSTRIES -
6062 C & H DISTRIBUTOR,INC. -
6073 INDUSTRIAL HYDRAULIC SERVICE 3,158
6076 ID CORPORATION -
6077 AUTOMATION SOLUTIONS -
6081 FREEDOM FINISHING 535
6082 THE BRADLEY GROUP -
6087 KURT MANUFACTURING COMPANY -
6569 PHYGEN, INC. -
7860 #N/A -
8000 JOHN BAER 552
8001 JERRY DAHLBERG 931
8002 HOWARD BECKER 437
8003 LONG MOUA 427
8004 MAHAMADOU DIBAGA 632
8005 CLIFF HARPER 429
8006 BAKARY JAITEH 726
8007 FRIDAY INEGBE 162
8008 ABASS OLABIYI 446
8009 STEVE WILDER 241
8010 DARLENE NIELSEN 537
8011 KWI YU 498
8012 DAVE HEARSMAN 491
8013 GINA DAY 449
8014 MITCHELL WAWRZYNIAK 918
8015 ALI SOUMARE 581
8016 RICHARD RAETHER 854
16843 T C CLIPPER COMPANY -
----------
Totals $1,878,838
TOOL PRODUCTS, INC.
CASE NO. 04-67610
MINNEAPOLIS - OCTOBER BANK RECONCILIATION
Bank Balance -
Actual Outstanding Checks 452,420.43
Misc. Difference 852.51
----------
Bank Balance 453,272.94
==========
TOOL PRODUCTS, INC.
CASE NO. 04-67610
JACKSON
OUTSTANDING CHECK LIST
CHECK DATE OUTSTANDING
451193 10/7/2004 24,083.96
451222 10/7/2004 174,239.97
451273 10/12/2004 8.00
451298 10/12/2004 360.90
451315 10/13/2004 149.21
451324 10/13/2004 479.88
451327 10/14/2004 295.00
451352 10/15/2004 14,739.81
451354 10/15/2004 684.42
451362 10/15/2004 3,221.18
451374 10/18/2004 49.60
451375 10/18/2004 400.00
451379 10/19/2004 81.21
451397 10/20/2004 165.00
451404 10/20/2004 82.00
451416 10/21/2004 73.72
451420 10/21/2004 42.39
451426 10/21/2004 2,053.08
451435 10/21/2004 1,925.00
451461 10/21/2004 431.00
451465 10/21/2004 90.24
451475 10/21/2004 330.10
451482 10/22/2004 2,753.75
451485 10/22/2004 1,198.41
451486 10/22/2004 156.71
451488 10/22/2004 408.96
451490 10/25/2004 111.97
451491 10/25/2004 80.80
451493 10/25/2004 170.56
451494 10/25/2004 430.35
451507 10/26/2004 168.03
451508 10/26/2004 1,617.05
451510 10/26/2004 7,940.00
451511 10/26/2004 395.54
451512 10/26/2004 639.00
451513 10/27/2004 6,119.23
451514 10/27/2004 743.10
451515 10/27/2004 337.25
451516 10/27/2004 2,376.37
451517 10/27/2004 123.85
451518 10/28/2004 216.60
451521 10/28/2004 12,371.46
451522 10/28/2004 119.00
451523 10/28/2004 273.25
451524 10/28/2004 154.08
451525 10/28/2004 421.00
451526 10/28/2004 329.91
451527 10/28/2004 1,202.20
451528 10/28/2004 770.11
451529 10/28/2004 6,534.10
451530 10/28/2004 33.62
451531 10/28/2004 296.48
451532 10/28/2004 5,270.16
451533 10/28/2004 59.17
451534 10/28/2004 341.48
TOOL PRODUCTS, INC.
CASE NO. 04-67610
JACKSON
OUTSTANDING CHECK LIST
CHECK DATE OUTSTANDING
451535 10/28/2004 82.40
451536 10/28/2004 87.81
451537 10/28/2004 37.61
451538 10/28/2004 27.36
451539 10/28/2004 2,750.00
451540 10/28/2004 230.14
451541 10/28/2004 258.82
451542 10/28/2004 217.13
451544 10/28/2004 11,040.13
451545 10/28/2004 50.54
451546 10/28/2004 340.18
451547 10/28/2004 166.04
451548 10/28/2004 33.21
451549 10/28/2004 30,275.91
451550 10/28/2004 508.81
451551 10/28/2004 1,988.80
451552 10/28/2004 366.20
451553 10/28/2004 1,014.82
451554 10/28/2004 2,875.49
451555 10/28/2004 8.18
451556 10/28/2004 1,907.00
451557 10/28/2004 7,242.95
451558 10/28/2004 1,405.34
451559 10/28/2004 264.53
451560 10/28/2004 55.87
451561 10/28/2004 162.99
451562 10/28/2004 2,248.26
451563 10/28/2004 336.25
451564 10/28/2004 300.00
451565 10/28/2004 884.08
451566 10/28/2004 79.88
451567 10/28/2004 1,892.82
451568 10/28/2004 52.75
451569 10/28/2004 29.24
451570 10/28/2004 69.36
451571 10/28/2004 2,291.21
451572 10/28/2004 50.00
451573 10/28/2004 654.83
451574 10/28/2004 1,008.00
451575 10/28/2004 764.90
451576 10/28/2004 674.62
451577 10/28/2004 343.94
451578 10/28/2004 382.50
451579 10/28/2004 1,013.60
451580 10/28/2004 153.93
451581 10/28/2004 320.00
451582 10/28/2004 628.68
451583 10/28/2004 2,010.28
451584 10/28/2004 202.03
451585 10/28/2004 556.88
451586 10/28/2004 100.80
451587 10/28/2004 95.67
451588 10/28/2004 3,600.00
451589 10/28/2004 34.80
451590 10/28/2004 273.76
451591 10/28/2004 810.29
451592 10/28/2004 1,888.80
TOOL PRODUCTS, INC.
CASE NO. 04-67610
JACKSON
OUTSTANDING CHECK LIST
CHECK DATE OUTSTANDING
451593 10/28/2004 733.15
451594 10/28/2004 176.00
451595 10/28/2004 193.47
451596 10/28/2004 1,159.72
451597 10/28/2004 1,813.69
451598 10/28/2004 39,456.22
451599 10/28/2004 1,026.00
451600 10/28/2004 9,435.28
451601 10/28/2004 514.65
451602 10/28/2004 1,170.09
451603 10/28/2004 1,919.64
451604 10/28/2004 4,120.72
451605 10/28/2004 99.32
451606 10/28/2004 50.50
451607 10/29/2004 154.75
451608 10/29/2004 583.83
451609 10/29/2004 75.00
451610 10/29/2004 22,857.15
451611 10/29/2004 505.35
451612 10/29/2004 200.00
451613 10/29/2004 238.62
451614 10/29/2004 637.64
----------
October outstanding checks 452,420.43
===========
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: October 31, 2004
The following information is to be provided for each shareholder, officer,
director, manager, insider, or owner that is employed by the debtor in
possession. (Attach additional pages if necessary.)
Tool Products, Inc.
NAME: Case Number: 04-67610 CAPACITY: ________ Shareholder
________ Officer
________ Director
________ Insider
Management and other insider compensation are maintained at Intermet
Corporation. Please see Intermet Corporation (Case #04-67597) for all insider
compensation/payments. ________________________________________________________
_______________________________________________________________________________
_______________________________________________________________________________
<Table>
CURRENT COMPENSATION PAID: WEEKLY or MONTHLY
______ _______
CURRENT BENEFITS PAID: WEEKLY or MONTHLY
Health Insurance ______ _______
Life Insurance ______ _______
Retirement ______ _______
Company Vehicle ______ _______
Entertainment ______ _______
Travel ______ _______
Other Benefits ______ _______
Total Benefits ______ _______
CURRENT OTHER PAYMENTS PAID: WEEKLY or MONTHLY
Rent Paid ______ _______
Loans ______ _______
Other (Describe) ______ _______
Other (Describe) ______ _______
Other (Describe) ______ _______
Total Other Payments ______ _______
CURRENT TOTAL OF ALL PAYMENTS: WEEKLY or MONTHLY
$0
______ _______
DATED: __________ ________________________________________
PRINCIPAL, OFFICER, DIRECTOR, OR INSIDER
Intermet Corporation and Subsidiaries Tool Products, Inc.
Schedule of In-Force Insurance Case Number: 04-67610
POLICY COVERAGE CARRIER POLICY PERIOD
- ----------------------------- ---------------------------- ----------------------------
Property Lloyds 11/1/04-11/01/05
Boiler/Machine Hartford 11/1/04-11/01/05
Cargo Fireman's Fund 11/1/04-11/01/05
Truck Cargo Fireman's Fund 11/1/04-11/01/05
Aviation USAIG 11/1/04-11/01/05
Fiduciary St. Paul 11/1/04-11/01/05
Primary D&O St. Paul 11/1/04-11/01/05
Excess D&O Chubb 11/1/04-11/01/05
Side A Platte River 11/1/04-11/01/05
Crime Gulf 11/1/04-12/1/04
General Liability Liberty Mutual 11/1/04-12/22/04
Umbrella National Union 11/1/04-12/22/04
Work Comp Liberty Mutual 11/1/04-12/22/04
Excess Work Comp Liberty Mutual 11/1/04-12/22/04
Auto Liberty Mutual 11/1/04-12/22/04
Foreign (DIC) Liberty Mutual 11/1/04-12/22/04
UNITED STATES BANKRUPTCY COURT
FOR THE EASTERN DISTRICT OF MICHIGAN
TRANSMITTAL OF FINANCIAL REPORTS AND
CERTIFICATION OF COMPLIANCE WITH UNITED STATES TRUSTEE
OPERATING REQUIREMENTS FOR
THE PERIOD ENDED: October 31, 2004
------------------
IN RE:
Intermet Corporation, et al
CASE NUMBER: 04-67614
Chapter 11
Wagner Castings Co. Judge: Marci B. McIvor
- ---------------------------------------/
Debtor
As debtor in possession, I affirm:
1. That I have reviewed the financial statements attached hereto, consisting of:
X Operating Statement (Form 2)
---
X Balance Sheet (Form 3)
---
X Summary of Operations (Form 4)
---
X Monthly Cash Statement (Form 5)
---
X Statement of Compensation (Form 6)
---
X Schedule of In-Force Insurance (Form 7)
---
and that they have been prepared in accordance with normal and customary
accounting practices, and fairly and accurately reflect the debtor's financial
activity for the period stated;
2. That the insurance, including workers' compensation and unemployment
insurance, as described in Section 5 of the Operating Instructions
and Reporting Requirements For Chapter 11 Cases is in effect; and,
(If not, attach a written explanation) YES X NO
--- ---
3. That all post-petition taxes as described in Section 9 of the Operating
Instructions and Reporting Requirements For Chapter 11 cases are current.
(If not, attach a written explanation) YES X NO
--- ---
4. No professional fees (attorney, accountant, etc.) have been paid without
specific court authorization.
(If not, attach a written explanation) YES X NO
--- ---
5. All United States Trustee Quarterly fees have been paid and are current.
YES X NO
--- ---
6. Have you filed your pre-petition tax returns.
(If not, attach a written explanation) YES X NO
--- ---
I hereby certify, under penalty of perjury, that the information provided above
and in the attached documents is true and correct to the best of my information
and belief.
/s/ Robert E. Belts
Dated: December 3, 2004 ------------------------------------------------
------------------ Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- -----------------------
Title Phone
Form 1
Intermet Corporation and Subsidiaries
Operating Statement Case #04-67614
For the Month Ended 10-31-04 Wagner
(000's) Castings
---------------------------------------------
Current Month Total Since Filing
--------------------- ---------------------
Net Sales $5,023 $5,023
Cost of Goods Sold
Materials and Freight 1,368 1,368
Wages - Hourly 705 705
Wages-Salary 547 547
Employee Benefits and Pension 2,076 2,076
Repairs & Maintenance 195 195
Supplies 238 238
Utilities 323 323
Purchased Components/Services 740 740
Income(loss) from Pattern Sales (1) (1)
Fixed Asset - (gain/loss) 0 0
MIS Expense 54 54
Travel & Entertainment 4 4
Other Variable Costs 35 35
Depreciation & Amortization 336 336
Other Allocated Fixed Costs 0 0
Other Fixed Costs 154 154
--------------------- ---------------------
Cost of Goods Sold 6,774 6,774
Gross Profit (1,751) (1,751)
Plant SG&A Expense 17 17
SG&A Expense - Allocation (Sched 1) 177 177
Other Operating Expenses 0 0
--------------------- ---------------------
Total Operating Expenses 194 194
--------------------- ---------------------
Operating Profit (1,946) (1,946)
Outside Interest Income 0 0
Outside Interest (Expense) 0 0
Intercompany Interest Income 0 0
Intercompany Interest (Expense) (45) (45)
Charges (From) Affiliates 0 0
Charges To Affiliates 0 0
Income From European Subsidiary 0 0
Other Income/(Expense) 4 4
--------------------- ---------------------
Total Non-Operating Expenses (41) (41)
Income Before Income Taxes (1,987) (1,987)
Income Tax Expense 0 0
--------------------- ---------------------
Net Income ($1,987) ($1,987)
===================== =====================
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs (October)
(Allocation of Corporate Costs to Filing Entities)
October
----------
Officer Compensation $ 196,042
Salary Expense other Employees 802,961
Employee Benefits and Pension 133,527
Payroll Taxes 43,948
Other Taxes 6,922.86
Rent and Lease Expense 180,971
Interest Expense
Insurance 69,363
Automobile and Truck Expense 2,695
Utilities(Gas Electric,Phone) 47,700
Depreciation 89,205
Travel and Entertainment 70,376
Repairs and Maintenance 53,523
Advertising/Promotion 0
Supplies, Office Expense 24,275
OTHER:
Contributions 0
Professional Fees - Audit/Tax 131,192
Bank Fees 17,576
Public Reporting Fees 16,000
Employee Relocation/Training 2,850
Data Processing 28,029
Dues and Subscriptions 7,328
Outside Services 311,339
Project Development Costs net of Billings 56,285
Director Fees (144,667)
Miscellaneous (158,119)
Professional Fees - Bankruptcy 2,643,198
Cost Allocation - Out (227,787)
----------
$4,404,731
==========
Allocation:
Wagner Castings $ 177,312
Northern Castings 46,825
Ironton Iron 0
Lynchburg Foundry 179,333
Columbus Foundry 290,418
Wagner Havana 0
Intermet U.S. Holdings 240,779
Cast-Matic Corp. 76,250
Diversified Diemakers 239,650
Ganton Technologies 155,833
Tool Products 127,416
Intermet Corporation 2,870,915
----------
Total $4,404,731
==========
Intermet Corporation and Subsidiaries
Balance Sheet As Of 10-31-04
(000's)
Case #04-67614
Wagner
Castings
--------------------
Cash And Equivalents $30
Accounts Receivable 7,555
Short-Term Intercompany Receivables 4
Inventories 5,075
Other Current Assets 358
--------------------
TOTAL CURRENT ASSETS 13,021
Land and Buildings 2,400
Machinery & Equipment 58,244
Construction In Progress 93
--------------------
Total Fixed Assets 60,737
Accumulated Depreciation (46,302)
--------------------
NET FIXED ASSETS 14,436
Investment In Subsidiaries 0
Investment In European Operations 0
Long-Term Intercompany Receivables 0
Deferred Taxes, Long-Term Asset 0
Other Assets 204
--------------------
TOTAL ASSETS $27,660
====================
LIABILITIES AND SHAREHOLDER EQUITY
POST PETITION LIABILITIES
Accounts Payable $607
Wages and Salaries (See schedule) 241
Taxes Payable - (See schedule) 124
--------------------
TOTAL POST PETITION LIABILITIES 972
SECURED LIABILITIES:
Secured Liabilities - Bank Debt 0
PRE-PETITION LIABILITIES:
TAXES AND OTHER PRIORITY LIABILITIES:
Accrued Income Taxes 0
Accrued Tax - State 0
Accrued Property Taxes 51
Accrued Workers Comp. 1,192
Accrued Payroll 183
Accrued Payroll Taxes 35
--------------------
TOTAL TAXES AND OTHER PRIORITY LIABILITIES 1,461
UNSECURED LIABILITIES
Accounts Payable 6,821
IDR Bonds 0
--------------------
TOTAL UNSECURED LIABILITIES 6,821
OTHER LIABILITIES
Accrued Liabilities 1,340
Total Intercompany Payables 4,444
Notes Payable, Short Term 0
Capital Leases 0
Retirement Benefits (2,136)
Deferred Taxes - Long-Term Liability 0
Other Long-Term Liabilities 0
--------------------
TOTAL LIABILITIES 12,902
Common Stock 0
Capital In Excess Of Par Value 17,027
Retained Earnings - Pre-Petition (282)
Retained Earnings - Post- Petition (1,987)
Equity in European Operations 0
Accumulated Translation Adjustment 0
Minimum Pension Liability Adjustment 0
Unearned Restricted Stock 0
--------------------
TOTAL SHAREHOLDERS' EQUITY 14,758
--------------------
TOTAL LIABILITIES AND EQUITY $27,660
====================
PERIOD ENDED: 10-31-04 WAGNER CASTINGS COMPANY CASE #04-67614
---------------------
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
9/30/2004 Withheld Deposits 10/31/2004
-------------------------------------------------------------------------
Income tax withheld: Federal ($3,788) ($99,081) $67,580 ($35,290)
Income tax withheld: State (1,308) (27,622) 19,714 (9,216)
Income tax withheld: Local 0 0 0 0
FICA Withheld (3,618) (69,882) 53,081 (20,419)
Employers FICA (3,618) (69,882) 53,081 (20,419)
Unemployment Tax: Federal (3) (9) 0 (11)
Unemployment Tax: State (53) (1,279) 954 (378)
All Other Payroll W/H 0 (96,579) 64,169 (32,410)
State Taxes: Inc./Sales/Use/Excise 0 0 0 0
Property Taxes 0 (6,000) 0 (6,000)
Workers Compensation 0 0 0 0
-------------------------------------------------------------------------
Total ($12,387) ($370,334) $258,580 ($124,142)
Wages and Salaries (33,750) (241,181) 33,750 (241,181)
-------------------------------------------------------------------------
Grand Total ($46,137) ($611,515) $292,330 ($365,322)
=========================================================================
Aging of Accounts Receivable
and Post Petition Accounts Payable
Age in Days (Post Petiition) 0-30 Days 30-60 Days Over 60 Days
Accounts Payable $606,796 $0 $0
Accounts Receivable (See attached schedule)
ACCOUNTS RECEIVABLE AGING
--------------------------
10/31/04
(000's)
<Table>
<Caption>
PAST DUE BALANCES
-------------------------------
TOTAL CURRENT 1-30 31-60 61-90 OVER 90
----- ------- ---- ----- ----- -------
DOMESTIC FERROUS:
- - Archer Creek............... 7,100 6,700 400 -- -- --
- - Radford.................... 100 -- -- -- -- 100
------ ------ ------ ------ ------ ------
Lynchburg Foundry, Inc....... 7,200 6,700 400 -- -- 100
Columbus Foundry, LP......... 25,800 22,700 2,400 400 -- 300
- - Columbus Machining......... 500 300 200 -- -- --
- - New River.................. 11,700 6,400 4,700 400 100 100
------ ------ ------ ------ ------ ------
Intermet U.S. Holding, Inc... 12,200 6,700 4,900 400 100 100
Wagner Castings Co........... 8,743 7,086 700 300 157 500
Wagner Havana, Inc........... -- -- -- -- -- --
Northern Castings Corp....... 1,542 1,042 400 -- 100 --
LIGHT METALS:
- - Jackson.................... 3,184 2,300 400 200 100 184
- - Minneapolis................ 7,200 5,000 1,500 200 100 400
------ ------ ------ ------ ------ ------
Tool Products, Inc.......... 10,384 7,300 1,900 400 200 584
Diversified Diemakers, Inc.. 13,800 9,500 2,000 400 100 1,800
- - Pulaski................... 3,700 2,400 400 600 200 100
- - Racine Plants............. 8,700 7,200 500 100 100 800
------ ------ ------ ------ ------ ------
Ganton Technologies, Inc.... 12,400 9,600 900 700 300 900
Castmatic Corporation....... 5,000 4,600 400 -- -- --
</Table>
INTERMET CORPORATION AND SUBSIDIARIES PERIOD ENDED 10/31/2004
MONTHLY CASH STATEMENT
CASH ACTIVITY ANALYSIS: CASE # 04-67614
WAGNER CASTINGS (DECATUR)
-----------------------------------------------------------------------------------------
ACCOUNT TYPE LOCKBOX 771149 DEPOSIT AP CHECKING PR (HOURLY) PR (SALARY)
ACCOUNT # 256543 5401086433 2770716518 35223301 2770716500 2770716666
BANK Bank One Stan. Fed. Stan. Fed. First Bank Stan. Fed. Stan. Fed. TOTAL
BEGINNING BANK BALANCE - - - 28,604 - - 28,604
RECEIPTS 1,575,928 2,116,684 - 258 - - 3,692,869
TRANSFERS IN (CORPORATE) - - 1,117,832 - 344,866 19,029 1,481,727
DIP INFLOW - - - - - - -
DISBURSEMENTS - - (1,117,832) - (344,866) (19,029) (1,481,727)
TRANSFERS OUT (CORPORATE) (1,575,928) (2,116,684) - - - - (3,692,611)
---------- ---------- ---------- --------- -------- ------- ----------
ENDING BANK BALANCE - - - 28,862 - - 28,862
WIRES PAID FOR BY CORPORATE 1,751,755 768,976 2,500,395
CHECKS ISSUED 1,534,596
---------
TOTAL DISBURSEMENTS (SEE TOTAL 3,286,352
DISBURSEMENTS RECONCILIATION) =========
CHECKS ISSUED 1,534,596
CHECK CLEARED (1,117,832)
----------
OUTSTANDING CHECKS (SEE OUTSTANDING 416,764
CHECKLIST) ==========
WAGNER CASTINGS, INC. CASE NO. 04-67614
CASH DISBURSEMENTS
OCTOBER 2004
VENDOR OCT CHECKS OCT WIRES TOTAL
A D BROOKS 440.00 440.00
AALSTEC DATA CORP 75.00 75.00
ADA JACKSON 440.00 440.00
ADP INC 4,926.42 4,926.42
ADVANCED INTERFACE SOLUTIONS I 2,784.75 2,784.75
AETNA US HEALTHCARE 16,536.69 16,536.69
ALLIED ELECTRONICS 336.54 336.54
ALLIED MINERAL PRODUCTS INC 6,765.00 6,765.00
AMERENIP 9,174.74 9,174.74
AMERENIP 1,562.92 1,562.92
ANN ROYER 20.00 20.00
APPLIED PROCESS INC 12,441.75 12,441.75
ARAMARK UNIFORM SERVICES INC 2,816.06 2,816.06
ARCH WIRELESS 1,188.63 1,188.63
AT&T-UNIVERSAL BILLER 1,323.30 1,323.30
BARBARA LEE 440.00 440.00
BEARING DISTRIBUTORS INC 35,712.61 35,712.61
BENTONITE PERFORMANCE MATERIALS 97,750.10 97,750.10
BETTY HAMILTON 440.00 440.00
BLACK & CO #11 7,324.18 7,324.18
BLUE LEASING CORPORATION 1,136.63 1,136.63
BLUELINE LEASING 2,315.27 2,315.27
BODINE ELECTRIC OF DECATUR 5,761.94 5,761.94
BODINE ENVIRONMENTAL SERVICE 1,680.00 1,680.00
BOULEVARD PROPERTIES LLC 838.75 838.75
BOWMAN HEINTZ BOSCIA & VICIAN 52.44 52.44
BUEL COLE 440.00 440.00
BUSCHE ENTERPRISE DIVN INC 106,450.14 106,450.14
C C FIRE EQUIPMENT CO INC 476.90 476.90
CC METALS & ALLOYS 21,769.10 21,769.10
CHAMPION CHISEL WORKS INC 2,076.24 2,076.24
CHRIS INCORPORATED 1,012.06 1,012.06
CINGULAR WIRELESS 41.50 41.50
CITY OF DECATUR 12,796.91 12,796.91
CLIMATE CONTROL 86,264.08 86,264.08
CONNOR CO 195.47 195.47
CORN BELT FS INC 12,519.88 12,519.88
CPM 93,420.57 93,420.57
D & R REBUILDERS CO 334.23 334.23
D WAYNE COLLINS 1,365.00 1,365.00
DANIEL FERGUSON AND 41,978.99 41,978.99
DAUBER COMPANY 42,312.00 42,312.00
DAVID J JOSEPH 1,180,000.00 1,180,000.00
DAVID RIGHTNOWAR 440.00 440.00
DE LAGE LANDEN FIN SERVICES 1,965.00 1,965.00
DECATUR MDICAL DENTAL CR UNION 193.96 193.96
DISA GOFF INC 1,151.08 1,151.08
DISA INDUSTRIES INC 53,579.50 53,579.50
DONALD POE 440.00 440.00
DONALD SCHELL 440.00 440.00
DONNELLY AUTOMOTIVE MACH INC 1,585.07 1,585.07
DORSEY PIRTLE 440.00 440.00
DUNKER ELECTRIC 92.15 92.15
DYNAMIC AIR INC 188.86 188.86
ELECTRO-NITE CO 304.16 304.16
ELKEM METALS 47,475.00 47,475.00
ENGLEWOOD ELECTRIC 222.85 222.85
ENTERPRISE GROUP 393.89 393.89
ERIC GREEN 42.38 42.38
ERVIN INDUSTRIES 14,960.00 14,960.00
FAMILY SUPPORT PAYMENT CENTER 293.08 293.08
FLOYD ANDERSON 440.00 440.00
FOSECO INC 3,904.00 3,904.00
FRANK MATTHEWS 440.00 440.00
FRANK REED 440.00 440.00
FRISBY PMC 232,727.66 232,727.66
WAGNER CASTINGS, INC. CASE NO. 04-67614
CASH DISBURSEMENTS
OCTOBER 2004
VENDOR OCT CHECKS OCT WIRES TOTAL
G E CAPITAL 2,659.51 2,659.51
GERDAU AMERISTEEL 6,164.49 6,164.49
GLENN ZILLS 440.00 440.00
GOGAN MACHINE 618.40 618.40
GRIGSBY SWINEY WILSON 340.16 340.16
GULLY TRANSPORTATION 2,855.31 2,855.31
HA INTERNATIONAL LLC 35,911.70 35,911.70
HARRY BOND 440.00 440.00
HARRY E HILLS & ASSOC 4,964.70 4,964.70
ILL STUDENT ASSISTANCE COMM 260.56 260.56
ILLINOIS DEPT OF REVENUE 401.00 401.00
INNOVATIVE LABELING 739.67 739.67
INTERNAL REVENUE SERVICE 1,297.50 1,297.50
INTERMEC MEDIA 1,673.18 1,673.18
IVORY CURRY 440.00 440.00
J C JELKS 440.00 440.00
J.D. FINLEY 440.00 440.00
JAMES GAVIN 440.00 440.00
JAMES JONES 669.16 669.16
JEFF COCHRAN 125.82 125.82
JEFF COCHRAN 73.07 73.07
JERRY BUCKLEY 640.00 640.00
JERRY SHERWOOD 440.00 440.00
JOHN H GERMERAAD - TRUSTEE 2,611.95 2,611.95
JOHN HENRY FOSTER CO 460.91 460.91
KANSAS PAYMENT CENTER 276.92 276.92
KENT RUDBECK 300.00 300.00
KING-LAR CO 286.00 286.00
L & N INDUSTRIES INC 4,911.22 4,911.22
LABOR TEMPS 1,300.50 1,300.50
LAND OF LINCOLN CREDIT UNION 72,371.66 72,371.66
LARPEN METALLURGICAL SERVICE 46,316.50 46,316.50
LARRY BONNELL 440.00 440.00
LARRY HAYES 440.00 440.00
LEADING EDGE ENTERPRISES INC 54,700.00 54,700.00
LEVOY REED 440.00 440.00
LINCO REFRACTORY SUPPLY INC 12,291.20 12,291.20
LOUIS THOMAS 440.00 440.00
LYNN ZASADA 440.00 440.00
M H EQUIPMENT CORP 1,045.63 1,045.63
MARTIN BROS CONTAINER & 26,360.64 26,360.64
MARTIN BRUMETT 905.10 905.10
MARVIN KELLER TRUCKING 400.00 400.00
MCLEOD EXPRESS LLC 515.68 515.68
MENNIE'S MACHINE CO 81,799.45 81,799.45
METOKOTE CORP 12,592.57 12,592.57
METRO METAL PRODUCTS INC 31,465.76 31,465.76
MG INDUSTRIES 890.32 890.32
MICHAEL DELSIGNORE 1,428.15 1,428.15
MICROTEK PATTERN INC 6,000.00 6,000.00
MID-STATE CARTAGE INC 339.00 339.00
MIDWEST CREDIT & COLLECTION 1,124.53 1,124.53
MISSOURI REFRACTORIES CO INC 2,814.00 2,814.00
MORGAN DISTRIBUTING INC 2,864.77 2,864.77
MORGAN EXPRESS INC 22,554.46 22,554.46
MORGAN TRANSPORTATION AGENCY 12,177.05 12,177.05
MORTHLAND MORTHLAND RAU 239.61 239.61
NATIONAL CITY BANK 24,766.44 24,766.44
NOKOMIS QUARRY 232.61 232.61
NORTH STAR IMAGING 4,090.36 4,090.36
OBA LEE BEASLEY SR 440.00 440.00
OMNISOURCE 88,963.68 88,963.68
ONYX WASTE SERVICES MIDWEST 20,866.75 20,866.75
PEERLESS METAL POWDERS 21,130.00 21,130.00
PERSONAL FINANCE COMPANY 218.44 218.44
PHILLIP DANNEWITZ 440.00 440.00
WAGNER CASTINGS, INC. CASE NO. 04-67614
CASH DISBURSEMENTS
OCTOBER 2004
VENDOR OCT CHECKS OCT WIRES TOTAL
POWER SUPPLY OF ILLINOIS 82.68 82.68
PRIMETRADE 83,079.76 83,079.76
PROCESS EQUIPMENT & CONTROLS 382.00 382.00
R D MCMILLEN ENTERPRISES 940.91 940.91
RCM DATA CORP 3,060.00 3,060.00
REFRACTORY SALES & SERVICE 1,368.00 1,368.00
RELIABLE DOOR SYSTEMS 1,218.00 1,218.00
RICHARD COLE 440.00 440.00
RICK WALLACE 274.78 274.78
RICK WALLACE 230.54 230.54
ROBERT LOWRY 440.00 440.00
ROBERT RITCHIE AND SCHEELE 1,500.00 1,500.00
ROBERTS SINTO 718.18 718.18
ROLAND MABRY 440.00 440.00
RONALD HELM 228.31 228.31
S J SMITH WELDING SUPPLY 3,499.22 3,499.22
SAFETY-KLEEN CORP 297.00 297.00
SBC 1,893.87 1,893.87
SBC GLOBAL SERVICES INC 3,996.40 3,996.40
SECURITAS SEC SVCS USA INC 6,290.69 6,290.69
SHERMAN BAINE 440.00 440.00
SIMPSON TECHNOLOGIES 1,193.55 1,193.55
SPRINGFIELD ELECTRIC 5,870.76 5,870.76
SPRINGFIELD ELECTRIC 3,484.60 3,484.60
STEVEN EVELOFF 396.12 396.12
STONE CONTAINER CORP 11,472.10 11,472.10
STRIGLOS OFFICE EQUIPMENT 403.15 403.15
SUN LOAN CO 393.99 393.99
SUNBELT RENTALS 4,281.50 4,281.50
TAX COMMISSIONER 114.25 114.25
THOMAS H BOWDRE 440.00 440.00
TRANSMAN - 13,906.76 13,906.76
TRACY CAUSEY 96.76 96.76
TYCO VALVES & CONTROLS 1,468.27 1,468.27
TYDUS GREEN 440.00 440.00
U S HARDWOOD PRODUCTS 10,579.11 10,579.11
UNION PLANTERS TRUST 2,600.00 2,600.00
UNITED WAY OF DEC & MID-IL 1,947.50 1,947.50
UNITHERM FURNACE CORP 2,421.84 2,421.84
US HARDWOOD 9,309.11 9,309.11
US OIL 133,394.25 133,394.25
VERIZON WIRELESS 1,070.00 1,070.00
WABEL TOOL CO 143,602.05 143,602.05
WALZ EQUIPMENT 5,210.90 5,210.90
WATTS COPY SYSTEMS INC 1,032.79 1,032.79
WEDRON SILICA COMPANY 9,168.00 9,168.00
WI SCTF 475.00 475.00
WIESE PLANNING & ENGR INC 1,632.99 1,632.99
WILLIAM A KIBBE & ASSOC INC 1,185.00 1,185.00
WILLIAM WALKER 440.00 440.00
WILLIE LEE GREEN 440.00 440.00
------------ ------------ ------------
TOTAL 1,574,933.86 1,711,418.35 3,286,352.21
DECATUR
OUTSTANDING CHECK LIST
AT 10/31/04
DECATUR - OCTOBER BANK RECONCILIATION
Bank Balance $ 0
Outstanding Checks (Post Pet.) (416,764)
Pre-petition Checks to be voided
in G/L (9,613)
Checks not recorded in GL until
November (see below) 105,564
---------
Book Balance ($320,813)
=========
CHECK DATE CHECK # CHECK AMOUNT
10/8/2004 120833 700.00
10/15/2004 120872 17.82
10/21/2004 120900 5,933.10
10/21/2004 120905 1,454.14
10/22/2004 120920 4,090.36
10/22/2004 120921 7,957.50
10/25/2004 120946 897.80
10/22/2004 120929 2,202.06
10/26/2004 120955 1,673.18
10/26/2004 120956 81.15
10/26/2004 120959 145.18
10/27/2004 120963 1,193.55
10/27/2004 120964 123.26
10/27/2004 120965 1,368.00
10/28/2004 120968 1,218.00
10/28/2004 120970 1,450.45
10/28/2004 120971 9,000.00
10/28/2004 120972 305.50
10/29/2004 120975 789.84
10/29/2004 120976 232.61
10/29/2004 120978 222.85
10/29/2004 120981 16,096.32
10/29/2004 120982 255.39
10/29/2004 120983 3,200.79
10/29/2004 120985 436.20
10/29/2004 120986 718.18
10/29/2004 120987 618.40
10/29/2004 120990 14,753.14
10/29/2004 120991 28,429.70
----------
` 105,564.47
CHECK DATE OUTSTANDING
116034 10/14/2004 75.00
116063 10/15/2004 3,621.60
116099 10/15/2004 125.82
116154 10/21/2004 6,318.00
116155 10/21/2004 3,501.52
116161 10/21/2004 2,115.08
116162 10/21/2004 101.50
116170 10/22/2004 3,369.60
116171 10/22/2004 3,587.04
116184 10/26/2004 990.00
116185 10/26/2004 888.25
CHECK DATE OUTSTANDING
116186 10/26/2004 6,318.00
116187 10/26/2004 4,770.20
116188 10/26/2004 976.00
116190 10/26/2004 755.20
116191 10/26/2004 3,453.61
116192 10/26/2004 2,258.98
116199 10/27/2004 10,389.60
116200 10/27/2004 3,467.19
116202 10/27/2004 12,243.48
116203 10/27/2004 728.14
116204 10/27/2004 2,797.09
116205 10/27/2004 3,343.20
116206 10/27/2004 616.82
116207 10/27/2004 8,459.64
116208 10/27/2004 6,609.55
116215 10/28/2004 615.38
116216 10/28/2004 2,816.06
116217 10/28/2004 4,613.97
116218 10/28/2004 198.20
116219 10/28/2004 73.27
116220 10/28/2004 9,137.76
116221 10/28/2004 167.29
116222 10/28/2004 73.07
116223 10/28/2004 69.23
116224 10/28/2004 13,862.61
116225 10/28/2004 2,965.20
116226 10/28/2004 881.44
116227 10/28/2004 228.54
116228 10/28/2004 230.54
116229 10/28/2004 3,499.22
116230 10/28/2004 1,998.20
116231 10/28/2004 398.00
116232 10/28/2004 941.77
116233 10/28/2004 95.00
116234 10/28/2004 150.00
116241 10/29/2004 3,448.04
116242 10/29/2004 1,323.30
116243 10/29/2004 1,680.00
116244 10/29/2004 1,012.06
116245 10/29/2004 3,399.80
116246 10/29/2004 92.15
116247 10/29/2004 8,667.60
116248 10/29/2004 357.00
116249 10/29/2004 1,634.30
CHECK DATE OUTSTANDING
116250 10/29/2004 300.00
116251 10/29/2004 1,300.50
116252 10/29/2004 890.32
116253 10/29/2004 339.00
116254 10/29/2004 2,864.77
116255 10/29/2004 297.00
116256 10/29/2004 2,023.62
116257 10/29/2004 5,870.76
116258 10/29/2004 403.15
116259 10/29/2004 4,281.50
116260 10/29/2004 2,053.80
116261 10/29/2004 1,032.79
116262 10/29/2004 555.00
120700 10/29/2004 1,324.60
120811 10/5/2004 3,451.62
120833 10/8/2004 700.00
120872 10/15/2004 17.82
120878 10/18/2004 24.08
120886 10/19/2004 188.86
120887 10/19/2004 140.04
120900 10/21/2004 5,933.10
120905 10/21/2004 1,454.14
120909 10/21/2004 5,900.00
120914 10/22/2004 453.20
120919 10/22/2004 2,387.50
120920 10/22/2004 4,090.36
120921 10/22/2004 7,957.50
120923 10/22/2004 393.89
120928 10/22/2004 3,060.00
120929 10/22/2004 2,202.06
120930 10/22/2004 13,750.00
120932 10/22/2004 1,100.00
120933 10/22/2004 45,000.00
120934 10/25/2004 2,820.71
120938 10/25/2004 2,721.18
120940 10/25/2004 3,586.41
120942 10/25/2004 1,045.63
120943 10/25/2004 60.26
120945 10/25/2004 30.45
120946 10/25/2004 897.80
120950 10/26/2004 1,905.00
120951 10/26/2004 321.84
120953 10/26/2004 82.68
120954 10/26/2004 2,195.00
120955 10/26/2004 1,673.18
120956 10/26/2004 81.15
120957 10/26/2004 781.14
120958 10/26/2004 196.74
120959 10/26/2004 145.18
120961 10/26/2004 616.82
120962 10/27/2004 4,002.80
120963 10/27/2004 1,193.55
120964 10/27/2004 123.26
120965 10/27/2004 1,368.00
120966 10/27/2004 3,951.20
120967 10/27/2004 1,057.54
CHECK DATE OUTSTANDING
120968 10/28/2004 1,218.00
120969 10/28/2004 1,738.25
120970 10/28/2004 1,450.45
120971 10/28/2004 9,000.00
120972 10/28/2004 305.50
120973 10/28/2004 3,343.45
120974 10/28/2004 7,581.60
120975 10/29/2004 789.84
120976 10/29/2004 232.61
120977 10/29/2004 597.50
120978 10/29/2004 222.85
120979 10/29/2004 1,167.20
120980 10/29/2004 2,811.90
120981 10/29/2004 16,096.32
120982 10/29/2004 255.39
120983 10/29/2004 3,200.79
120985 10/29/2004 436.20
120986 10/29/2004 718.18
120987 10/29/2004 618.40
120988 10/29/2004 1,604.00
120989 10/29/2004 8,300.69
120990 10/29/2004 14,753.14
120991 10/29/2004 28,429.70
120992 10/29/2004 2,784.75
----------
October outstanding
checks 416,764.32
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: October 31, 2004
The following information is to be provided for each shareholder, officer,
director, manager, insider, or owner that is employed by the debtor in
possession. (Attach additional pages if necessary.)
Wagner Castings Co.
NAME: Case Number: 04-67614 CAPACITY: ________ Shareholder
________ Officer
________ Director
________ Insider
Management and other insider compensation are maintained at Intermet
Corporation. Please see Intermet Corporation (Case #04-67597) for all insider
compensation/payments. ________________________________________________________
_______________________________________________________________________________
_______________________________________________________________________________
<Table>
CURRENT COMPENSATION PAID: Weekly or Monthly
______ _______
CURRENT BENEFITS PAID: Weekly or Monthly
Health Insurance ______ _______
Life Insurance ______ _______
Retirement ______ _______
Company Vehicle ______ _______
Entertainment ______ _______
Travel ______ _______
Other Benefits ______ _______
Total Benefits ______ _______
CURRENT OTHER PAYMENTS PAID: Weekly or Monthly
Rent Paid ______ _______
Loans ______ _______
Other (Describe) ______ _______
Other (Describe) ______ _______
Other (Describe) ______ _______
Total Other Payments ______ _______
CURRENT TOTAL OF ALL PAYMENTS: Weekly or Monthly
$0
______ _______
DATED: __________ ________________________________________
PRINCIPAL, OFFICER, DIRECTOR, OR INSIDER
Intermet Corporation and Subsidiaries Wagner Castings Company
Schedule of In-Force Insurance Case Number: 04-67614
POLICY COVERAGE CARRIER POLICY PERIOD
- ----------------------------- ---------------------------- ----------------------------
Property Lloyds 11/1/04-11/01/05
Boiler/Machine Hartford 11/1/04-11/01/05
Cargo Fireman's Fund 11/1/04-11/01/05
Truck Cargo Fireman's Fund 11/1/04-11/01/05
Aviation USAIG 11/1/04-11/01/05
Fiduciary St. Paul 11/1/04-11/01/05
Primary D&O St. Paul 11/1/04-11/01/05
Excess D&O Chubb 11/1/04-11/01/05
Side A Platte River 11/1/04-11/01/05
Crime Gulf 11/1/04-12/1/04
General Liability Liberty Mutual 11/1/04-12/22/04
Umbrella National Union 11/1/04-12/22/04
Work Comp Liberty Mutual 11/1/04-12/22/04
Excess Work Comp Liberty Mutual 11/1/04-12/22/04
Auto Liberty Mutual 11/1/04-12/22/04
Foreign (DIC) Liberty Mutual 11/1/04-12/22/04
UNITED STATES BANKRUPTCY COURT
FOR THE EASTERN DISTRICT OF MICHIGAN
TRANSMITTAL OF FINANCIAL REPORTS AND
CERTIFICATION OF COMPLIANCE WITH UNITED STATES TRUSTEE
OPERATING REQUIREMENTS FOR
THE PERIOD ENDED: October 31, 2004
------------------
IN RE:
Intermet Corporation, et al
CASE NUMBER: 04-67611
Chapter 11
Wagner Havana, Inc. Judge: Marci B. McIvor
- ---------------------------------------/
Debtor
As debtor in possession, I affirm:
1. That I have reviewed the financial statements attached hereto, consisting of:
X Operating Statement (Form 2)
---
X Balance Sheet (Form 3)
---
X Summary of Operations (Form 4)
---
X Monthly Cash Statement (Form 5)
---
X Statement of Compensation (Form 6)
---
X Schedule of In-Force Insurance (Form 7)
---
and that they have been prepared in accordance with normal and customary
accounting practices, and fairly and accurately reflect the debtor's financial
activity for the period stated;
2. That the insurance, including workers' compensation and unemployment
insurance, as described in Section 5 of the Operating Instructions
and Reporting Requirements For Chapter 11 Cases is in effect; and,
(If not, attach a written explanation) YES X NO
--- ---
3. That all post-petition taxes as described in Section 9 of the Operating
Instructions and Reporting Requirements For Chapter 11 cases are current.
(If not, attach a written explanation) YES X NO
--- ---
4. No professional fees (attorney, accountant, etc.) have been paid without
specific court authorization.
(If not, attach a written explanation) YES X NO
--- ---
5. All United States Trustee Quarterly fees have been paid and are current.
YES X NO
--- ---
6. Have you filed your pre-petition tax returns.
(If not, attach a written explanation) YES X NO
--- ---
I hereby certify, under penalty of perjury, that the information provided above
and in the attached documents is true and correct to the best of my information
and belief.
/s/ Robert E. Belts
Dated: December 3, 2004 ------------------------------------------------
------------------ Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- -----------------------
Title Phone
Form 1
Intermet Corporation and Subsidiaries
Operating Statement Case #04-67611
For the Month Ended 10-31-04 Wagner
(000's) Havana
---------------------------------------------
Current Month Total Since Filing
--------------------- ---------------------
Net Sales $0 $0
Cost of Goods Sold
Materials and Freight 0 0
Wages - Hourly 0 0
Wages-Salary 0 0
Employee Benefits and Pension 6 6
Repairs & Maintenance 0 0
Supplies 0 0
Utilities 0 0
Purchased Components/Services (1) (1)
Income(loss) from Pattern Sales 0 0
Fixed Asset - (gain/loss) 0 0
MIS Expense 1 1
Travel & Entertainment 0 0
Other Variable Costs 8 8
Depreciation & Amortization 0 0
Other Allocated Fixed Costs 0 0
Other Fixed Costs 17 17
--------------------- ---------------------
Cost of Goods Sold 31 31
Gross Profit (31) (31)
Plant SG&A Expense 0 0
SG&A Expense - Allocation (Sched 1) 0 0
Other Operating Expenses 0 0
--------------------- ---------------------
Total Operating Expenses 0 0
--------------------- ---------------------
Operating Profit (31) (31)
Outside Interest Income 0 0
Outside Interest (Expense) 0 0
Intercompany Interest Income 0 0
Intercompany Interest (Expense) 0 0
Charges (From) Affiliates 0 0
Charges To Affiliates 0 0
Income From European Subsidiary 0 0
Other Income/(Expense) (23) (23)
--------------------- ---------------------
Total Non-Operating Expenses (23) (23)
Income Before Income Taxes (54) (54)
Income Tax Expense 0 0
--------------------- ---------------------
Net Income ($54) ($54)
===================== =====================
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs (October)
(Allocation of Corporate Costs to Filing Entities)
October
----------
Officer Compensation $ 196,042
Salary Expense other Employees 802,961
Employee Benefits and Pension 133,527
Payroll Taxes 43,948
Other Taxes 6,922.86
Rent and Lease Expense 180,971
Interest Expense
Insurance 69,363
Automobile and Truck Expense 2,695
Utilities(Gas Electric,Phone) 47,700
Depreciation 89,205
Travel and Entertainment 70,376
Repairs and Maintenance 53,523
Advertising/Promotion 0
Supplies, Office Expense 24,275
OTHER:
Contributions 0
Professional Fees - Audit/Tax 131,192
Bank Fees 17,576
Public Reporting Fees 16,000
Employee Relocation/Training 2,850
Data Processing 28,029
Dues and Subscriptions 7,328
Outside Services 311,339
Project Development Costs net of Billings 56,285
Director Fees (144,667)
Miscellaneous (158,119)
Professional Fees - Bankruptcy 2,643,198
Cost Allocation - Out (227,787)
----------
$4,404,731
==========
Allocation:
Wagner Castings $ 177,312
Northern Castings 46,825
Ironton Iron 0
Lynchburg Foundry 179,333
Columbus Foundry 290,418
Wagner Havana 0
Intermet U.S. Holdings 240,779
Cast-Matic Corp. 76,250
Diversified Diemakers 239,650
Ganton Technologies 155,833
Tool Products 127,416
Intermet Corporation 2,870,915
----------
Total $4,404,731
==========
Intermet Corporation and Subsidiaries
Balance Sheet As Of 10-31-04
(000's)
Case #04-67611
Wagner
Havanna
--------------------
Cash And Equivalents $0
Accounts Receivable 37
Short-Term Intercompany Receivables 610
Inventories 248
Other Current Assets 0
--------------------
TOTAL CURRENT ASSETS 895
Land and Buildings 1,633
Machinery & Equipment 14,728
Construction In Progress 0
--------------------
Total Fixed Assets 16,361
Accumulated Depreciation (8,659)
--------------------
NET FIXED ASSETS 7,702
Investment In Subsidiaries 0
Investment In European Operations 0
Long-Term Intercompany Receivables 0
Deferred Taxes, Long-Term Asset 0
Other Assets 0
--------------------
TOTAL ASSETS $8,597
====================
LIABILITIES AND SHAREHOLDER EQUITY
POST PETITION LIABILITIES
Accounts Payable $24
Wages and Salaries (See schedule) 22
Taxes Payable - (See schedule) 160
--------------------
TOTAL POST PETITION LIABILITIES 205
SECURED LIABILITIES:
Secured Liabilities - Bank Debt 0
PRE-PETITION LIABILITIES:
TAXES AND OTHER PRIORITY LIABILITIES:
Accrued Income Taxes 0
Accrued Tax - State 3
Accrued Property Taxes 63
Accrued Workers Comp. 294
Accrued Payroll 140
Accrued Payroll Taxes 13
--------------------
TOTAL TAXES AND OTHER PRIORITY LIABILITIES 512
UNSECURED LIABILITIES
Accounts Payable 368
IDR Bonds 0
--------------------
TOTAL UNSECURED LIABILITIES 368
OTHER LIABILITIES
Accrued Liabilities (81)
Total Intercompany Payables 8,078
Notes Payable, Short Term 0
Capital Leases 0
Retirement Benefits 0
Deferred Taxes - Long-Term Liability 0
Other Long-Term Liabilities 0
--------------------
TOTAL LIABILITIES 9,084
Common Stock 0
Capital In Excess Of Par Value 9,349
Retained Earnings - Pre-Petition (9,781)
Retained Earnings - Post- Petition (54)
Equity in European Operations 0
Accumulated Translation Adjustment 0
Minimum Pension Liability Adjustment 0
Unearned Restricted Stock 0
--------------------
TOTAL SHAREHOLDERS' EQUITY (487)
--------------------
TOTAL LIABILITIES AND EQUITY $8,597
====================
PERIOD ENDED: 10-31-04 WAGNER HAVANA CASE #04-67611
--------------------------
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
9/30/2004 Withheld Deposits 10/31/2004
-------------------------------------------------------------------------------
Income tax withheld: Federal ($473) ($7,396) $5,438 ($2,432)
Income tax withheld: State (63) (1,217) 1,280 0
Income tax withheld: Local 0 0 0 0
FICA Withheld (164) (3,188) 3,057 (295)
Employers FICA (51,671) (3,188) 3,057 (51,801)
Unemployment Tax: Federal 0 0 0 0
Unemployment Tax: State 0 0 0 0
All Other Payroll W/H 0 0 0 0
State Taxes: Inc./Sales/Use/Excise 0 0 0 0
Property Taxes 0 (7,015) 0 (7,015)
Workers Compensation 0 (98,000) 0 (98,000)
-------------------------------------------------------------------------------
Total ($52,371) ($120,004) $12,832 ($159,543)
Wages and Salaries (72,787) 0 51,036 (21,751)
-------------------------------------------------------------------------------
Grand Total ($125,158) ($120,004) $63,868 ($181,294)
===============================================================================
Aging of Accounts Receivable
and Post Petition Accounts Payable
Age in Days (Post Petiition) 0-30 Days 30-60 Days Over 60 Days
Accounts Payable $23,986 $0 $0
Accounts Receivable $0 $0 $0
INTERMET CORPORATION AND SUBSIDIARIES PERIOD ENDED 10/31/2004
MONTHLY CASH STATEMENT
CASE # 04-67611
CASH ACTIVITY ANALYSIS: WAGNER HAVANA
---------------------------------------------------------------------------
ACCOUNT TYPE DEPOSIT AP PR (HOURLY) PR (SALARY)
ACCOUNT # 5401086441 2770716534 2770716526 2770716674
BANK Stan. Fed. Stan. Fed. Stan. Fed. Stan. Fed. TOTAL
BEGINNING BANK BALANCE - - - - -
RECEIPTS 89,925 - 1,410 - 91,334
TRANSFERS IN (CORPORATE) - 4,760 5,341 - 10,101
DIP INFLOW - - - - -
DISBURSEMENTS - (4,760) (6,454) - (11,214)
TRANSFERS OUT (CORPORATE) (89,925) - (297) - (90,222)
------- ------ ------ ------ -------
ENDING BANK BALANCE - - - - -
WIRES PAID FOR BY CORPORATE - - - 41,662 41,662
CHECKS ISSUED 10,894
------
TOTAL DISBURSEMENTS 10,894
======
CHECKS ISSUED 10,894
CHECK CLEARED (4,760)
------
OUTSTANDING CHECKS (SEE OUTSTANDING CHECKLIST) 6,134
======
WAGNER HAVANA, INC. CASE NO. 04-67611
CASH DISBURSEMENTS
OCTOBER 2004
OCT CHECKS
VENDOR ISSUED
------ ------
AETNA US HEALTHCARE 1,181.86
FULTON COUNTY CIRCUIT CLERK 300.00
KAY STEIN 152.25
MASON COUNTY CIRCUIT CLERK 150.00
AMERENCIPS (ELECTRIC) 513.79
AUTOMATIC DATA PROC-ST LOUIS 1,172.68
SBC GLOBAL SERVICES, INC 220.00
CITY OF HAVANA 30.15
MASON COUNTY CIRCUIT CLERK 150.00
SECURITAS SECURITY SERVICES 6,271.02
STANDING CHAPTER 13 TRUSTEE 263.00
US DEPT. OF TRANSPORTATION 150.00
UPS 16.54
VERIZON WIRELESS 323.20
---------
TOTAL 10,894.49
=========
WAGNER HAVANA, INC.
CASE NO. 04-67611
HAVANA - OCTOBER BANK RECONCILIATION
Bank Balance -
Actual Outstanding Checks 6,134.27
Prepetition Check #51743 cleared (1,861.27)
Various reconciling adjustments 3,722.54
---------
Book Balance 7,995.54
=========
WAGNER HAVANA, INC.
OUTSTANDING CHECKS
CASE NO. 04-67611
CHECK DATE OUTSTANDING
10/1/2004 52121 300.00
10/22/2004 52138 262.41
10/27/2004 52147 1,181.86
10/27/2004 52148 513.79
10/27/2004 52149 910.27
10/27/2004 52150 30.15
10/27/2004 52151 152.25
10/27/2004 52152 220.00
10/27/2004 52153 2,090.34
10/27/2004 52154 150.00
10/27/2004 52155 323.20
--------
October outstanding checks 6,134.27
========
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: October 31, 2004
The following information is to be provided for each shareholder, officer,
director, manager, insider, or owner that is employed by the debtor in
possession. (Attach additional pages if necessary.)
Wagner Havana, Inc.
NAME: Case Number: 04-67611 CAPACITY: ________ Shareholder
________ Officer
________ Director
________ Insider
Management and other insider compensation are maintained at Intermet
Corporation. Please see Intermet Corporation (Case #04-67597) for all insider
compensation/payments. ________________________________________________________
_______________________________________________________________________________
_______________________________________________________________________________
<Table>
CURRENT COMPENSATION PAID: Weekly or Monthly
______ _______
CURRENT BENEFITS PAID: Weekly or Monthly
Health Insurance ______ _______
Life Insurance ______ _______
Retirement ______ _______
Company Vehicle ______ _______
Entertainment ______ _______
Travel ______ _______
Other Benefits ______ _______
Total Benefits ______ _______
CURRENT OTHER PAYMENTS PAID: Weekly or Monthly
Rent Paid ______ _______
Loans ______ _______
Other (Describe) ______ _______
Other (Describe) ______ _______
Other (Describe) ______ _______
Total Other Payments ______ _______
CURRENT TOTAL OF ALL PAYMENTS: Weekly or Monthly
$0
______ _______
DATED: __________ ________________________________________
PRINCIPAL, OFFICER, DIRECTOR, OR INSIDER
FORM 6
Intermet Corporation and Subsidiaries Wagner Havana, Inc.
Schedule of In-Force Insurance Case Number: 04-67611
POLICY COVERAGE CARRIER POLICY PERIOD
- ----------------------------- ---------------------------- ----------------------------
Property Lloyds 11/1/04-11/01/05
Boiler/Machine Hartford 11/1/04-11/01/05
Cargo Fireman's Fund 11/1/04-11/01/05
Truck Cargo Fireman's Fund 11/1/04-11/01/05
Aviation USAIG 11/1/04-11/01/05
Fiduciary St. Paul 11/1/04-11/01/05
Primary D&O St. Paul 11/1/04-11/01/05
Excess D&O Chubb 11/1/04-11/01/05
Side A Platte River 11/1/04-11/01/05
Crime Gulf 11/1/04-12/1/04
General Liability Liberty Mutual 11/1/04-12/22/04
Umbrella National Union 11/1/04-12/22/04
Work Comp Liberty Mutual 11/1/04-12/22/04
Excess Work Comp Liberty Mutual 11/1/04-12/22/04
Auto Liberty Mutual 11/1/04-12/22/04
Foreign (DIC) Liberty Mutual 11/1/04-12/22/04