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 JANUARY 31, 2005:
IN RE: )
INTERMET CORPORATION, ET AL ) CASE NO: 04-67597
) Chapter 11
) Judge: Marci B. McIvor
INTERMET CORP. )
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 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 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
is true and correct to the best of my information and belief.
Dated: February 28, 2005 /s/ Robert E. Belts
-----------------------------------------
Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- ----------------
Title Phone
Intermet Corp. and Subsidiaries
Operating Statement
For the Month Ended 01-31-05
($000's)
CASE # 04-67597
INTERMET
CORP(*)
------------------------------------
Current Month Total Since Filing
------------- ------------------
Net Sales $ 59,550 $222,766
Cost of Goods Sold
Materials and Freight 18,517 76,774
Wages - Hourly 9,280 36,111
Wages-Salary 2,720 11,259
Employee Benefits and Pension 6,514 25,693
Repairs & Maintenance 2,596 9,935
Supplies 2,746 11,551
Utilities 3,687 13,345
Purchased Components/Services 4,543 17,028
Income(loss) from Pattern Sales 508 181
Fixed Asset - (gain/loss) (13) (123)
MIS Expense 218 979
Travel & Entertainment 44 166
Other Variable Costs 422 7,378
Depreciation & Amortization 3,092 11,409
Other Allocated Fixed Costs 258 1,499
Other Fixed Costs 1,137 4,418
-------------- ---------
Cost of Goods Sold 56,269 227,603
Gross Profit 3,281 (4,837)
Plant SG&A Expense 139 534
SG&A Expense - Allocation (Sched 1) 2,174 16,341
Other Operating Expenses 18 199,027
-------------- ---------
Total Operating Expenses 2,331 215,902
Operating Profit 950 (218,014)
Outside Interest Income 129 384
Outside Interest (Expense) (1,888) (7,483)
Intercompany Interest Income 1,096 1,098
Intercompany Interest (Expense) (1,095) (1,096)
Charges (From) Affiliates (1,651) (6,253)
Charges To Affiliates 1,723 6,523
Income/Loss From European Operations 542 2,629
Other Income/(Expense) (2,790) (2,771)
-------------- ---------
Total Non-Operating Expenses (3,934) 6,969)
Income Before Income Taxes (2,984) (224,983)
Income Tax Expense 165 (289)
-------------- ---------
Net Income ($ 3,149) ($224,694)
============== =========
(*) Intermet Corporate 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 January
(Allocation of Corporate Costs to Filing Entities)
(000's)
January
--------
Officer Compensation $ 189
Salary Expense other Employees 1,097
Employee Benefits and Pension 145
Payroll Taxes 96
Other Taxes 5
Rent and Lease Expense 185
Interest Expense
Insurance 36
Automobile and Truck Expense 11
Utilities(Gas Electric,Phone) 32
Depreciation 73
Travel and Entertainment 58
Repairs and Maintenance 111
Advertising/Promotion 0
Supplies, Office Expense 33
OTHER:
Contributions 0
Professional Fees - Audit/Tax 131
Bank Fees 24
Public Reporting Fees 16
Employee Relocation/Training 0
Data Processing 20
Dues and Subscriptions 20
Outside Services 129
Project Development Costs net of Billings 133
Director Fees 25
Miscellaneous 5
Professional Fees - Bankruptcy (157)
Cost Allocation - Out (244)
--------
$ 2,174
========
Allocation:
Wagner Castings 191
Northern Castings 50
Ironton Iron 0
Lynchburg Foundry 193
Columbus Foundry 313
Wagner Havana 0
Intermet U.S. Holdings 259
Cast-Matic Corp. 82
Diversified Diemakers 257
Ganton Technologies 168
Tool Products 137
Intermet Corporation 524
--------
Total $ 2,174
========
INTERMET Corp. and Subsidiaries
BALANCE SHEET AS OF 1-31-05
JANUARY DECEMBER
CASE # 04-67597 CASE # 04-67597
INTERMET INTERMET
CORP (NOTE 1) CORP (NOTE 1)
--------------- ---------------
Cash And Equivalents $ 3,850 $ 1,729
Accounts Receivable 87,191 79,392
Short-Term Intercompany Receivables (6) (6)
Inventories 48,367 46,176
Other Current Assets 11,530 8,227
--------- ---------
TOTAL CURRENT ASSETS 150,932 135,518
Land and Buildings 113,956 115,685
Machinery & Equipment 415,087 439,543
Construction In Progress 4,671 4,935
--------- ---------
Total Fixed Assets 533,714 534,674
Accumulated Depreciation (335,520) (333,460)
--------- ---------
NET FIXED ASSETS 198,194 201,214
Investment In Subsidiaries (2) (2)
Investment In European Operations (Note #2) 93,160 96,567
Long-Term Intercompany Receivables 0 0
Deferred Taxes, Long-Term Asset 661 661
Other Assets 21,571 23,906
--------- ---------
TOTAL ASSETS $ 464,516 $ 457,864
========= =========
LIABILITIES AND SHAREHOLDER EQUITY
POST PETITION LIABILITIES
Accounts Payable $ 10,843 $ 9,478
Wages and Salaries (See schedule) 4,167 2,546
Taxes Payable - (See schedule) 4,307 2,515
--------- ---------
TOTAL POST PETITION LIABILITIES 19,317 14,539
SECURED LIABILITIES:
SECURED BANK DEBT 178,468 166,369
PRE-PETITION LIABILITIES:
Taxes and Other Priority Liabilities:
Accrued Income Taxes 607 607
Accrued Tax - State (313) (297)
Accrued Property Taxes 220 270
Accrued Workers Comp. 7,935 7,929
Accrued Payroll 2,907 2,923
Accrued Payroll Taxes 0 0
--------- ---------
TOTAL TAXES AND OTHER PRIORITY LIABILITIES 11,356 11,432
UNSECURED LIABILITIES
Accounts Payable 64,138 64,513
Senior & IDR Bonds 177,000 177,000
--------- ---------
TOTAL UNSECURED LIABILITIES 241,138 241,513
OTHER LIABILITIES
Accrued Liabilities 34,464 37,294
Short-Term Intercompany Payables 1 0
Capital Leases 475 504
Retirement Benefits 83,310 82,836
Deferred Taxes - Long-Term Liability (3,838) (3,838)
Other Long-Term Liabilities 7,292 7,509
Long-Term Intercompany Payables (775) (699)
0 0
--------- ---------
TOTAL LIABILITIES 571,208 557,459
Common Stock 2,605 2,605
Capital In Excess Of Par Value 36,201 36,201
Retained Earnings - Prepetition 8,831 8,831
Retained Earnings - Post Petition (227,064) (223,375)
Equity In European Operations 93,160 96,567
Accumulated Translation Adjustment 3,859 3,860
Minimum Pension Liability Adjustment (24,093) (24,093)
Unearned Restricted Stock (191) (191)
--------- ---------
TOTAL SHAREHOLDER EQUITY (106,692) (99,595)
--------- ---------
TOTAL LIABILITIES AND EQUITY $ 464,516 $ 457,864
========= =========
Note 1:
The financial information contained in the operating statement and balance sheet
in the monthly operating statement for Intermet Corporation represents the
consolidation of all of its domestic subsidiaries that are debtors, other than
Intermet Holding Company. Intermet Holding Company is a holding company of
certain foreign subsidiaries and does not itself have any domestic operations.
As a result, Intermet Holding Company's results are incorporated in the results
of Intermet Corporation foreign subsidiaries.
Note 2
The "Investment in European Operations" is net of $41,738 in January and $43,262
in December representing an intercompany liability of Intermet Corporation to
our non-debtor European Operations. If this amount were to be reclassified as a
separate intercompany liability rather than a reduction in the amount of
Intermet's Investment in European Operations, it could be subject to
cancellation or compromise. We are currently evaluating the treatment of this
intercompany liability with our tax and other advisors in order to determine the
ultimate effect of this intercompany liability, if any, upon the Debtors.
Note 3
The December Balance Sheet has been adjusted from the previous filing to reflect
various year end adjustments including Goodwill impairment of $166 million and
Fixed Asset impairment of approximately 26.4 million. All 2004 amounts are
unaudited. Certain amounts in the previous operating reports have been
reclassified to conform to the presentation of the January operating statements.
PERIOD ENDED: 1-31-05 INTERMET CORPORATION CASE #04-67597
CORPORATE BOOKS ONLY - NO SUBS --------------
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
12/31/2004 Withheld Deposits 1/31/2005
---------- ---------- ---------- ----------
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 (2,663) 0 2,663 0
Unemployment Tax: Federal (0) 0 0 (0)
Unemployment Tax: State 0 0 0 0
All Other Payroll W/H (97,184) (451,939) 413,699 (135,424)
State Taxes: Inc./Sales/Use/Excise (519,152) (2,768,110) 30,000 (3,257,262)
(65,169) 2,346,615 0 2,281,446
Property Taxes (4,800) (1,600) 0 (6,400)
Workers Compensation 0 0 0 0
---------- ---------- ---------- ----------
Total ($ 688,969) ($875,034) $ 446,363 ($1,117,640)
Wages and Salaries (1,526,181) (529,964) 84,131 (1,972,014)
---------- ---------- ---------- ----------
Grand Total ($2,215,150) ($1,404,998) $ 530,494 ($3,089,654)
========== ========== ========== ==========
Aging of Accounts Receivable
and Post Petition Accounts Payable
Age in Days (Post Petiition) Total 0-30 Days 30-60 Days Over 60 Days
Accounts Payable $1,373,971 $1,360,145 $13,826
Accounts Receivable N/A
INTERMET CORPORATION AND SUBSIDIARIES PERIOD ENDED 1/31/05
MONTHLY CASH STATEMENT
CASE # 04-67597
INTERMET CORPORATION
ACCOUNT TYPE CONCEN. CONCEN. CONCEN. DEPOSIT DEPOSITORY AP PR
- ----------------------- ------------- ------------- ----------- ------------ ----------- ---------- ----------
ACCOUNT # 1054530796 1851811305 1599333 5401086482 1096643 2770716377 2770716716
BANK Stan. Fed. Comerica Bank One Stan. Fed. Bank One Stan. Fed. Stan. Fed.
- ----------------------- ------------- ------------- ----------- ------------ ----------- ---------- ----------
BEGINNING BANK BALANCE 379,983 508,587 263,072 - - - -
RECEIPTS 4,615,639 4,932 6,369,409 1,352,131 6,248 - -
TRANSFERS IN 38,859,543 17,551,826 6,078,838 74 - 2,372,228 596,066
DIP INFLOW 22,289,623 - - - - - -
DISBURSEMENTS (37,161,096) (971,594) (858,668) (244) - (2,372,228) (596,066)
A B C
TRANSFERS OUT (17,718,289) (14,031,147) (11,625,000) (1,351,961) (6,248) - -
DIP REPAYMENT (8,865,851.54) (2,423,751.80) - - - - -
------------- ------------- ----------- ---------- ----------- ---------- ----------
ENDING BANK BALANCE 2,399,551 638,852 227,651 - - - -
ACCOUNT TYPE BENEFITS BENEFITS METLIFE CHECKING ENVIRONMENTAL RABBI TRUST SPECIAL RETIREMENT
ACCOUNT # 502756 611996 5402307564 1385313 400806.1 800558.1 5401197545
BANK Bank One Bank One Standard Federal Bank One Lasalle Stan. Fed. Stan. Fed.
- ----------------------- --------- -------- ---------------- -------- ------------- ----------- ------------------
BEGINNING BANK BALANCE - - - - 3,091,728 2,038,984 -
RECEIPTS - - - - 4,298 - 0
TRANSFERS IN 5,724 324,033 56,206 - - 6,000,058 -
DIP INFLOW - - - - - - -
DISBURSEMENTS (5,724) (324,033) (56,206) - (644) - -
TRANSFERS OUT - - - - - (8,039,042) (0)
DIP REPAYMENT - - - - - - -
--------- -------- ---------------- -- ------------- ---------- --
ENDING BANK BALANCE - - - - 3,095,382 0 -
CORPORATE WIRES PAID FOR CORPORATE E 10,994,129 353,236
CORPORATE WIRES PAID ON BEHALF OF PLANTS 27,997,229
WIRES PAID BY CORPORATE D 38,991,358
CHECKS ISSUED 2,444,049
------------
TOTAL DISBURSEMENTS (SEE TOTAL DISBURSEMENTS RECONCILIATION) $ 41,435,407
============
OUTSTANDING CHECKS AS OF DECEMBER 31 321,714
VOIDED CHECKS OUTSTANDING AS OF DECEMBER 31 (106)
CHECKS ISSUED IN JANUARY 2,444,049
CHECK CLEARED IN JANUARY (2,371,678)
------------
OUTSTANDING CHECKS AS OF JANUARY 31 (SEE OUTSTANDING CHECKLIST) $ 393,979
============
A 37,161,096 Standard Fed Concentration Disbursement
B 971,594 Comerica Concentration Disbursement
C 858,668 Bank One Concentration Disbursement
------------
D $ 38,991,358
E $ 10,994,129 REPESENTS TOTAL DISBURSEMENTS PERTAINING TO CORPORATE
INTERMET CORPORATE CASE # 04-67597
CASH DISBURSEMENTS
JANUARY 2005
VENDOR TOTAL DISBURSEMENTS
- ----------------------------------------------- -------------------
ABC COKE $ 416,630.14
ADT SECURITY SERVICES INC. 1,853.83
AIR CHART 106.00
ALABAMA POWER 2,945.86
ALCAN ALUMINUM CORPORATION 1,451,165.80
ALCAST COMPANY 70,414.50
ALCOA ALUMINUM 262,332.00
ALFE HEAT TREATING 163,795.50
ALTER TRADING 80,000.00
ALUMINUM RESOURCES 293,490.20
AMACOR 254,925.00
AMERICAN ELECTRIC POWER 1,621.01
AMERICAN VISA SERVICE, INC. 724.00
AMTECH INTERNATIONAL GROUP,.LTD 38,286.00
ANDREWS, THOMAS 5,109.65
ANX EBUSINESS 3,518.50
ARCH CONSULTING ASSOCIATES 750.00
AT&T 242.65
AT&T WIRELESS 458.52
AT&T-UNIVERSAL BILLER 1,340.13
ATMOS ENERGY 390.00
AUTOWEB COMMUNICATIONS, INC. 900.00
B & H TRANSFER 12,033.94
BACKMAN, DAVID 19.30
BANK OF NOVA SCOTIA 2,213,083.96
BEGLIN, JUSTIN 32.88
BEHR METALS 310,000.00
BELLSOUTH 2,246.58
BENTONITE PERFORMANCE MINERALS 69,000.00
BERWYN GROUP, THE 9.50
BFI QUINCY 2,261.64
BLACKWELL SANDERS PEPER 734.49
BLUE CROSS BLUE SHIELDS 2,076,331.46
BLUECAT NETWORKS CORPORATION 2,850.00
BOWNE OF CHICAGO 1,040.00
BP-CREDIT CARD CENTER 29.89
BSW, INC. 50.00
BURDICK PLUMBING 6,600.00
BURGE, CRAIG 131.45
BWXT SERVICES, INC. 370.00
C.P.C., INC. 17,901.00
CACHEAUX, CAVAZOS & NEWTON 1,045.70
CANADIAN CONSULATE GENERAL 195.00
CANOPUS ENVIRONMENTAL GROUP 1,850.00
CCMA 217,604.17
INTERMET CORPORATE CASE # 04-67597
CASH DISBURSEMENTS
JANUARY 2005
VENDOR TOTAL DISBURSEMENTS
- ----------------------------------------------- -------------------
CHARLES G. MCCLURE 8,500.00
CHICAGO SOFT 276.00
CINTAS CORPORATION 67.84
CITY OF RADFORD 14,705.76
CLIENT SERVICES-ECM 607.36
CLIMAX RESEARCH SERVICES 1,917.00
COLUMBUS WATER WORKS 66.69
COM ED 151.12
COMERICA BANK 10,265.01
COMERICA BANK ERROR REIMBURSEMENT 147,410.74
COMETALS 135,000.00
COMPUTER ASSOCIATES INTL INC 22,494.00
CONCENTRA MEDICAL CENTERS 50.25
CONWAY MACKENZIE & DUNLEAVY 645,120.85
COR SOLUTIONS, INC 29,838.90
CORPORATE EXPRESS-IMAGING 284.41
CORPORATE PAYROLL 353,235.86
CT CORPORATION SYSTEM 229.00
DALTON'S SERVICES, INC. 1,800.00
DANA 699,935.70
DEAD SEA MAGNESIUM 771,878.26
DECATUR PAYROLL 1,100,777.24
DELL MARKETING L.P. 501.36
DEUTSCHE BANK 62,500.00
DICKSON ALLAN 6,479.06
DIMETEK 8,490.20
DME RR 69,138.04
DORSEY & WHITNEY LLP 1,183.00
DOYLE, PAT 992.12
DUN & BRADSTREET 166.97
DUNCAN AVIATION 39,094.00
EASTERN ALLOYS, INC. 269,366.21
EASTERN COMPUTER EXCHANGE, INC 5,457.00
EDWIN B. BRANCH 16,831.97
EGH/TIMBERLAND THREE L.P. 60,022.20
EKK, INC 7,200.00
ELECTRICAL SPECIALTIES 17.50
ELECTRONIC SECURITY SYSTEMS 1,421.00
ELKEM METALS, INC. 342,992.26
ENBRIDGE GAS SERVICES 170,210.94
ENTERPRISE FLEET SERVICES 13,943.30
ERNST & YOUNG 537,405.40
EXECUTIVE COFFEE SYSTEMS 426.49
EXXON MOBIL/GECC 198.67
FAIRMONT MINERALS 70,203.00
FEDERAL RESERVE BANK OF 400.00
INTERMET CORPORATE CASE # 04-67597
CASH DISBURSEMENTS
JANUARY 2005
VENDOR TOTAL DISBURSEMENTS
- ----------------------------------------------- -------------------
FIDELITY INSTITUTIONAL 4,196.00
FITZGERALD, DAVID C. 228.40
FOLEY, LARDNER 602,697.96
FOSECO METALLURGICAL INC. 57,264.48
FREUDENBERG NOK 57,570.79
FTI RESTRUCTURING 308,933.42
GE CAPITAL 19,512.14
GEORGIA POWER 610,103.89
GEORGIA SALES TAX - CFI 52,034.23
GILLILAND, TIM 373.96
GLOBAL ENGINEERING DOCUMENTS 310.00
GLOBAL EXCHANGE SERVICES 974.35
GLOBE 529,416.30
GOPAL, NANDA P N 632.68
GRECCO, JOSEPH R 702.89
HA INTERNATIONAL LLC 131,485.61
HEMING, DANIEL 521.21
HIBBING MOLDING SYSTEM EQUIPMENT DEPOSIT 205,397.00
HIBBING PAYROLL 3,265.00
HILL & GRIFFITH 52,534.41
HOOVER, ROB 70.35
HORN, REGINA 538.32
HOWARD & HOWARD 300.00
HYDRO MAGNESIUM (NORSK HYDRO) 256,435.41
IBM CORPORATION 35,805.60
IBM LIMITED SPECIAL BILLING 192.30
IKON FINANCIAL SERVICES 2,402.42
IKON OFFICE SOLUTIONS 1,021.06
IMCO RECYCLING 1,671,691.60
INGERSOLL MACHINE TOOLS 97,178.76
INTERCALL 156.72
INTERNATIONAL MAGNESIUM ASSOC 2,600.00
IP, MAN-YEE 6,728.10
IRON MOUNTAIN RECORDS MGMT 259.98
IRVIN, LESLIE B 3,290.80
JACKSON PAYROLL 172,084.07
JACKSON, SHIELDS, YEISER, HOLT 6,313.93
JACOBSON MFG 5,016.75
JAFFE, RAITT, HEUER & WIESS 93,172.83
JAMES DAVIS CLEANING SERVICE 900.00
JAMES J. UNDERWOOD, SR 64.00
JOCK ABELL LANDSCAPING 360.00
JOHN HANCOCK FINANCIAL SVCS. 435.00
JOHN P. CRECINE 8,500.00
JOHN R. HORNE 9,000.00
JULIA D. DARLOW 9,000.00
INTERMET CORPORATE CASE # 04-67597
CASH DISBURSEMENTS
JANUARY 2005
VENDOR TOTAL DISBURSEMENTS
- ----------------------------------------------- -------------------
KARJALA, MARY JO 74.00
KEN BRANCH 127.11
KEY MAINTENANCE CORPORATION 150.00
KEYSTONE POWDER METAL CO. 75,780.00
KLEIN, KYLE 351.34
KPMG SARBANES DEPOSIT 300,000.00
KUZINSKI, MARK 1,063.42
L & S PRECISION 2,500.00
LAEMPE + REICH COMPANIES 10,141.25
LAND TRANSPORTATION 161,493.27
LANDAUER 518.64
LANIER PROFESSIONAL SERVICES 108.68
LARPEN METALLURGICAL SERVICE 207,211.00
LASALLE BANK DEBITS - DOUBLE PAYMENTS 27.00
LEONARD BROS. DATA MANAGEMENT 480.81
LINE PRECISION INC. 4,975.00
LONGHURST, JOHN 215.28
LOVELL, TONY 550.30
MACIOCE, RAPHAEL 25.15
MACKINNEY SYSTEMS 300.00
MAGMA FOUNDRY TECHNOLOGIES 46,180.00
MAGNETIC PRODUCTS AND SERVICES 207.00
MAINLINE INFORMATION SYSTEMS 1,820.00
MALLON, ROBERT 197.74
MALLOY - 611996 323,641.16
MANAGEMENT SYSTEMS INTL, INC. 3,187.50
MARSH INSURANCE 2,118,560.00
MARSH USA INC. 385,953.00
MARTIN, J.W. 37.31
MARTINEZ, FRED 3,191.17
MATT PRENTICE RESTAURANT GROUP 1,500.00
MCCOLLUM, WILLIAM E. 1,923.96
MCDONALD, MATT 207.76
MCI 457.91
MCQUAY SE SUPPLY 3,575.56
MEDCO HEALTH 463,465.83
MEISSNER PRE-PETITION PARTS 29,624.80
MEMA 5,000.00
MERCER HUMAN RESOURCE 88,458.00
METALLURG 21,877.29
METLIFE 9,353.47
METLIFE DENTAL - 502756 61,929.54
MICHIGAN TREASURY 30,000.00
MIDLAND INDUSTRIES, INC 64,105.75
MIDWEST BANK 124,000.00
MILLER & CO. 247,058.60
INTERMET CORPORATE CASE # 04-67597
CASH DISBURSEMENTS
JANUARY 2005
VENDOR TOTAL DISBURSEMENTS
- ----------------------------------------------- -------------------
MILLER, ALAN 419.20
MINNEAPOLIS PAYROLL 972,086.90
MINNESOTA POWER 121,507.00
MITSUNOBU TAKEUCHI 8,500.00
MONROE PAYROLL 750,474.92
MOORE, TERRY 1,503.67
MPC 17,190.00
MSC INDUSTRIAL SUPPLY 6,741.04
MUSCOGEE COUNTY TAX 264,284.97
NATIONAL MATERIAL TRADING 200,957.27
NATIONAL METAL ABRASIVE 6,600.00
NDS PRODUCTS 44.10
NEMSHICK, DAVID 45.25
NICOR GAS 581.08
NORANDA ALUMINUM 152,196.52
NORFOLK SOUTHERN 80,000.00
NORMAN F. EHLERS 9,000.00
NSK CORPORATION 5,778.00
NTFC CAPITAL CORPORATION 367.00
OESA 50.00
OFFICE DEPOT, INC. 2,308.49
OHIO SCREW PRODUCTS 14,661.59
OMNISOURCE CORPORATION 61,740.00
OMNISOURCE CORPORATION - COPPER 30,000.00
OMNISOURCE CORPORATION - STEEL 4,249,212.22
ONEOK ENERGY MARKETING 65,902.62
PAMELA E. RODGERS 8,500.00
PARKER HANNIFIN 33,982.59
PBCC 193.78
PC MALL, INC. 441.57
PECSENYE, TIMOTHY 980.19
PENNSYLVANIA SCDU 747.00
PILON, KEVIN 518.60
PLANTERRA GREENHOUSES 87.00
PLASKO, RANDALL 119.85
PLYMOUTH WAYNE, INC. 18.70
PORTER WARNER INDUSTRIES 89,022.41
PR NEWSWIRE ASSOCIATION, LLC 2,463.80
PREFERRED DATA SYSTEMS 1,114.34
PREMIER TECHNOLOGY GROUP, LLC 7,094.79
PRIMETRADE, INC. 1,725,834.84
PRUCHA, TOM 640.97
PUTNAM 15,942.72
PUTNAM 401K 77,029.70
QWEST 4.64
RACINE PAYROLL 191,757.45
INTERMET CORPORATE CASE # 04-67597
CASH DISBURSEMENTS
JANUARY 2005
VENDOR TOTAL DISBURSEMENTS
- ----------------------------------------------- -------------------
RAR HOLDINGS, INC. 3,322.00
REFRACTORY SERVICE, INC. 73,944.00
RES MANUFACTURING 59,616.56
RESERVE ACCOUNT 300.00
REUBEN WARNER ASSOCIATES, INC. 9,570.00
RI LAMPUS 81,216.00
RICHARD A. NAWROCKI 12,785.00
RIVER RIDGE SUPPLY CO. INC. 71.76
ROBERTS, DONALD 186.73
ROYAL BAN OF CANADA 9,810.00
RUFF, GARY F. 173.83
RUSSELL, CHARLES 92.25
SAS INSTITUTE INC. 7,000.47
SBC 4,078.19
SCHELLHASE, DAN 299.43
SENIORSCRIPS 2,368.00
SHARP BROS., INC. 1,150.00
SHAW, ROBERT 692.10
SHAWBITZ, PAT 176.75
SHOWALTER, ERIC 972.66
SILBERT, RICHARD 931.33
SOUTHERN MAINTENANCE SUPPLY 171.47
SPARTAN LIGHT METAL PRODUCTS 3,291.90
SPECTRO ALLOYS CORPORATION 1,119,248.60
SPRAY-RITE 53,525.41
SPRINT 3,804.98
SPRINT CONFERENCING SERVICES 1,307.68
SPROUSE, JANE 64.68
SQUIRE,SANDERS & DEMPSEY LLP 741.07
SRI QUALITY SYSTEM REGISTRAR 23,527.94
STANDARD FEDERAL 12,856.02
STATE OF MICHIGAN 256.50
STERLING COMMERCE-73199 441.73
STEVENSVILLE PAYROLL 80,431.22
SUPERIOR GRAPHITE CO. 24,153.76
SUPREME CORES 36,576.00
TALX CORPORATION 4,250.00
TENNECO AUTOMOTIVE 12,540.00
TERMINIX INTERNATIONAL 32.00
THE DAVID J. JOSEPH COMPANY 4,868,804.36
THE FARMERS BANK OF APPOMATTOX 616.32
THOMAS H. JEFFS II 8,500.00
THREE BOND INT'L. 5,292.00
TINNERMAN PALNUT 8,571.01
T-MOBILE 139.08
TOYOTA TSUSHO 30,979.38
INTERMET CORPORATE CASE # 04-67597
CASH DISBURSEMENTS
JANUARY 2005
VENDOR TOTAL DISBURSEMENTS
- ----------------------------------------------- -------------------
TRADEWINDS AVIATION 5,545.09
TRANS MAN LOGISTICS, INC. 537,667.75
TRELLEBORG 115,920.00
TSBY RR 62,200.48
U.S. BANK TRUST 125.00
U.S. TRUSTEE 27,000.00
UGS PLM SOLUTIONS INC. 1,590.00
UMETCO INC. 103,950.00
UNIMIN CORPORATION 37,197.45
UNITED AMERICAN INSURANCE CO. 44,254.00
UNITED WAY OF CENTRAL VIRGINIA 285.00
US MAGNESIUM LLC 497,953.33
VALLEY FASTENERS 91.68
VALUEOPTIONS, INC 36,770.51
VANGUARD 230,582.19
VANGUARD GROUP 401K 225,720.76
VASS, S. REID 2,004.44
VERIZON 1,978.94
VERIZON WIRELESS MESSAGING SVC 54.38
VERIZON WIRELESS-GREAT LAKES 1,676.95
VESUVIUS 19,443.30
VIKING OFFICE PRODUCTS 230.32
VISUAL IMPRESSIONS 815.88
VOSS, DAVID 208.36
WALKER, SEAN 734.44
WARREN SIMMONS 354.00
WASTE MANAGEMENT 142.22
WAYNE BOOTH INVESTMENTS 25,300.00
WHEELABRATOR ABRASIVES 100,405.00
WILLIS OF MICHIGAN, INC. 162,690.00
WOODLAND CAFE 287.87
WOODS, ROGERS & HAZLEGROVE PLC 2,003.64
XEROX CORPORATION 755.78
YXLON INT'L RACINE GENERATOR RENTAL 1,000.00
ZEIMET, RANDY 1,989.88
-------------------
$41,435,406.84
INTERMET COPORATION
CASE # 04-67597
AT 1/31/05
CORPORATE - BANK RECONCILIATION
Bank Balance $ -
Actual Outstanding Checks 393,978.60
Unadjusted GL Balance 393,978.60
-------------------
Difference $ -
===================
INTERMET CORPORATION
OUTSTANDING CHECKS
CASE #04-67597
DATE CHECK OUTSTANDING
- ---------- ----- -------------
10/22/2004 91412 $ 503.39
11/12/2004 91637 971.99
12/10/2004 91875 790.35
12/10/2004 91880 67.56
12/10/2004 91893 273.58
12/10/2004 91913 408.76
12/29/2004 92070 225.00
12/29/2004 92113 616.32
1/7/2005 92149 424.42
1/14/2005 92186 422.66
1/14/2005 92196 131.45
1/14/2005 92205 567.70
1/14/2005 92218 70.35
1/14/2005 92235 29.95
1/14/2005 92248 35.00
1/14/2005 92269 46,180.00
1/21/2005 92279 3,332.34
1/21/2005 92287 85.88
1/21/2005 92289 204.92
1/21/2005 92294 74.00
1/21/2005 92295 108.68
1/21/2005 92296 197.74
1/21/2005 92299 5,000.00
1/21/2005 92307 79.24
1/21/2005 92312 64.68
1/21/2005 92313 256.50
1/21/2005 92315 1,722.98
1/21/2005 92317 354.00
1/21/2005 92319 354.20
1/25/2005 92339 1,500.00
1/28/2005 92345 106.00
1/28/2005 92346 1,215.48
1/28/2005 92347 3,518.50
1/28/2005 92348 750.00
1/28/2005 92349 242.65
1/28/2005 92350 402.91
1/28/2005 92351 1,340.13
1/28/2005 92352 32.88
1/28/2005 92353 1,577.95
1/28/2005 92354 158.98
1/28/2005 92355 3,000.00
1/28/2005 92356 195.00
1/28/2005 92357 8,500.00
1/28/2005 92358 276.00
1/28/2005 92359 16.96
1/28/2005 92360 523.82
1/28/2005 92361 66.69
1/28/2005 92362 284.41
1/28/2005 92363 1,800.00
1/28/2005 92364 100.70
1/28/2005 92365 1,110.00
1/28/2005 92366 5,457.00
1/28/2005 92367 16,831.97
1/28/2005 92368 19,512.14
1/28/2005 92369 177.18
INTERMET CORPORATION
OUTSTANDING CHECKS
CASE #04-67597
DATE CHECK OUTSTANDING
- ---------- ----- -----------
1/28/2005 92370 974.35
1/28/2005 92372 702.89
1/28/2005 92373 316.29
1/28/2005 92374 418.32
1/28/2005 92375 10,519.72
1/28/2005 92376 192.30
1/28/2005 92377 2,600.00
1/28/2005 92378 1,544.15
1/28/2005 92379 900.00
1/28/2005 92380 360.00
1/28/2005 92381 435.00
1/28/2005 92382 8,500.00
1/28/2005 92383 9,000.00
1/28/2005 92384 9,000.00
1/28/2005 92385 1,063.42
1/28/2005 92386 518.64
1/28/2005 92387 215.28
1/28/2005 92388 25.15
1/28/2005 92389 207.00
1/28/2005 92390 3,187.50
1/28/2005 92391 37.31
1/28/2005 92392 2,109.38
1/28/2005 92393 1,923.96
1/28/2005 92394 419.20
1/28/2005 92395 8,500.00
1/28/2005 92396 44.10
1/28/2005 92397 15.30
1/28/2005 92398 106.17
1/28/2005 92399 9,000.00
1/28/2005 92400 50.00
1/28/2005 92401 724.69
1/28/2005 92402 8,500.00
1/28/2005 92403 747.00
1/28/2005 92404 119.85
1/28/2005 92405 1,114.34
1/28/2005 92406 7,094.79
1/28/2005 92407 3,322.00
1/28/2005 92408 12,750.00
1/28/2005 92409 71.76
1/28/2005 92410 92.25
1/28/2005 92411 220.19
1/28/2005 92412 158.42
1/28/2005 92414 729.23
1/28/2005 92415 741.07
1/28/2005 92416 4,250.00
1/28/2005 92417 616.32
1/28/2005 92418 8,500.00
1/28/2005 92419 743.80
1/28/2005 92420 125.00
1/28/2005 92421 8,721.00
1/28/2005 92422 285.00
1/28/2005 92423 38.92
1/28/2005 92424 14,712.03
1/28/2005 92425 1,978.94
1/28/2005 92426 208.36
1/28/2005 92427 45.00
1/28/2005 92428 142.22
1/28/2005 92430 56,790.00
1/28/2005 92431 30,000.00
1/28/2005 92432 25,300.00
$393,978.60
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: JANUARY 31, 2005
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.)
Name: INTERMET CORP. Capacity: ___ Shareholder
Case Number: 04-67597 ___ Officer
___ Director
___ Insider
PLEASE SEE COMPANY PREPARED SCHEDULE ATTACHED.
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
Dated: FEBRUARY 28, 2005 ___________________________________________
PRINCIPAL, OFFICER, DIRECTOR, OR INSIDER
Form 6
Intermet Corporation
Month Ended January 31, 2005
GARY ROBERT E. TIMOTHY R. JOHN B. TODD THOMAS E.
RUFF BELTS GILLILAND RUTHERFORD HEAVIN PRUCHA
NAME: --------------------------------------------------------------------------------------
Chairman & CEO VP Finance VP-Sales & VP-Ferrous VP-Technical
JOB DUTIES: Director and CFO VP- Light Metals Marketing Metals Services
-------------- ----------- ----------------- ----------- ----------- ------------
(MONTHLY)
COMPENSATION: $ 41,666.67 $ 21,666.67 $ 16,666.67 $ 16,666.67 $ 17,500.00 $ 14,583.34
----------- ----------- ----------- ----------- ----------- -----------
BENEFITS PAID:
Health Insurance 771.54 771.54 545.75 545.75 771.54 545.75
Exec-U-Care 358.33 358.33 358.33 358.33 358.33 358.33
Long Term Disability 141.67 141.67 141.67 141.67 141.67 123.96
Life Insurance 364.06 189.82 148.06 148.06 153.52 128.11
Deferred Comp
Retirement - - - - - -
Company Vehicle 1,321.58 850 850 850 855.25 721.55
Cell Phone 61.28 107.60 62.00
Transportation--Gasoline 105.50
(EXPENSE REIMBURSE):
Meals & Entertainment 16.68
Travel 61.95 157.72 8.00
Communications (cell phone, in 95.20 216.24 57.97
Dues & Subscriptions
Miscellaneous--Auto Repair 575.00
Board Expenses
OTHER PAYMENTS:
Rents Paid
Loans
Other (Describe)
----------- ----------- ----------- ----------- ----------- -----------
TOTAL OF ALL PAYMENTS 44,903.18 24,039.31 19,084.44 18,818.08 19,842.31 17,102.01
=========== =========== =========== =========== =========== ===========
------------------------------------------------------------------------------------------------
ALAN J. BYTHA GREG MICHAEL
NAME: MILLER MILLS WAHOWIAK SKRZYPCAK MARY JO KARJALA TOTAL
------------------------------------------------------------------------------------------------
VP, General Counsel Business Systems
JOB DUTIES: Ass't Secretary VP- Administration Director Treasurer Secretary
------------------- ------------------ ----------------- ---------- ---------
(MONTHLY)
COMPENSATION: $ 18,750.00 $ 12,500.00 $ 11,916.67 $10,833.35 $ 6,000.00 188,750
----------- ----------- ----------- ---------- ---------- -------
BENEFITS PAID:
Health Insurance 545.75 284.43 486.76 771.54 545.75 6,586
Exec-U-Care 358.33 358.33 358.33 - - 3,225
Long Term Disability 141.67 106.25 101.29 92.08 51.00 1,325
Life Insurance 164.41 108.90 103.33 94.36 54.34 1,657
Deferred Comp 0
Retirement - - - - - 0
Company Vehicle 850.00 850.00 650.00 - - 7,798
Cell Phone 41.29 47.00 319
Transportation--Gasoline 106
0
(EXPENSE REIMBURSE): 0
Meals & Entertainment 17
Travel 51.10 279
Communications (cell phone, in 368.10 738
Dues & Subscriptions 0
Miscellaneous--Auto Repair 575
Board Expenses 74.00 74
0
OTHER PAYMENTS:
Rents Paid 0
Loans 0
Other (Describe) 0
----------- ----------- ----------- ---------- ---------- ----------
TOTAL OF ALL PAYMENTS 21,229.36 14,207.91 13,657.67 11,838.33 6,725.09 211,447.69
=========== =========== =========== ========== ========== ==========
Intermet Corp.
Case Number: 04-67597
Intermet Corporation and Subsidiaries
Schedule of In-Force Insurance
INSURANCE TYPE CARRIER POLICY PERIOD
- -------------------- -------------- -----------------
Property Lloyds 11/1/04-11/1/05
Boiler/Machine Hartford 11/1/04-11/1/05
Cargo Fireman's Fund 11/1/04-11/1/05
Truck Cargo Fireman's Fund 11/1/04-11/1/05
Aviation USAIG 11/1/04-11/1/05
Fiduciary St. Paul 11/1/04-11/1/05
Primary D&O St. Paul 11/1/04-11/1/05
Excess D&O Chubb 11/1/04-11/1/05
Excess D&O Platte River 11/1/04-11/1/05
Crime AIG 12/1/04-12/1/05
General Liability ACE 12/22/04-12/22/05
Umbrella National Union 12/22/04-12/22/05
Workers' Comp ACE 12/22/04-6/22/05
Excess Workers' Comp ACE 12/22/04-12/22/05
Auto ACE 12/22/04-12/22/05
Foreign (DIC) ACE 12/22/04-12/22/05
Note: This list does not include In-Force Insurance for Foreign Subsidiaries.
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 JANUARY 31, 2005:
IN RE: )
INTERMET CORPORATION, ET AL ) CASE NO: 04-67599
) Chapter 11
) Judge: Marci B. McIvor
ALEXANDER CITY CASTING CO., INC. )
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 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 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
is true and correct to the best of my information and belief.
Dated: FEBRUARY 28, 2005 /s/ Robert E. Belts
--------------------------------------------
Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- --------------
Title Phone
Intermet Corp. and Subsidiaries
Operting Statement
For the Month Ended 1-31-05
($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 -- --
Wages - Hourly -- --
Wages-Salary -- --
Employee Benefits and Pension -- --
Repairs & Maintenance -- --
Supplies -- --
Utilities -- --
Purchased Components/Services -- --
Income(loss) from Pattern Sales -- --
Fixed Asset - (gain/loss) -- --
MIS Expense -- --
Travel & Entertainment -- --
Other Variable Costs -- 67
Depreciation & Amortization -- --
Other Allocated Fixed Costs -- --
Other Fixed Costs -- --
--- -------
Cost of Goods Sold -- 67
Gross Profit -- (67)
Plant SG&A Expense -- --
SG&A Expense - Allocation (Sched 1) -- --
Other Operating Expenses 3 1,575
--- -------
Total Operating Expenses 3 1,575
Operating Profit (3) (1,642)
Outside Interest Income -- --
Outside Interest (Expense) -- --
Intercompany Interest Income -- --
Intercompany Interest (Expense) -- --
Charges (From) Affiliates -- --
Charges To Affiliates -- --
Income/Loss From European Operations -- --
Other Income/(Expense) -- 1
--- -------
Total Non-Operating Expenses -- 1
Income Before Income Taxes (3) (1,641)
Income Tax Expense 1 6
--- -------
Net Income ($4) ($1,647)
=== =======
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs January
(Allocation of Corporate Costs to Filing Entities)
(000's)
January
-------
Officer Compensation $ 189
Salary Expense other Employees 1,097
Employee Benefits and Pension 145
Payroll Taxes 96
Other Taxes 5
Rent and Lease Expense 185
Interest Expense
Insurance 36
Automobile and Truck Expense 11
Utilities(Gas Electric,Phone) 32
Depreciation 73
Travel and Entertainment 58
Repairs and Maintenance 111
Advertising/Promotion 0
Supplies, Office Expense 33
OTHER:
Contributions 0
Professional Fees - Audit/Tax 131
Bank Fees 24
Public Reporting Fees 16
Employee Relocation/Training 0
Data Processing 20
Dues and Subscriptions 20
Outside Services 129
Project Development Costs net of Billings 133
Director Fees 25
Miscellaneous 5
Professional Fees - Bankruptcy (157)
Cost Allocation - Out (244)
------
$2,174
======
Allocation:
Wagner Castings 191
Northern Castings 50
Ironton Iron 0
Lynchburg Foundry 193
Columbus Foundry 313
Wagner Havana 0
Intermet U.S. Holdings 259
Cast-Matic Corp. 82
Diversified Diemakers 257
Ganton Technologies 168
Tool Products 137
Intermet Corporation 524
------
Total $2,174
======
INTERMET Corp. and Subsidiaries
Balance Sheet as of 1-31-05
CASE # 04-67599
----------------
ALEXANDER
CITY CASTING CO.
----------------
Cash And Equivalents $ 0
Accounts Receivable 0
Short-Term Intercompany Receivables 0
Inventories 133
Other Current Assets 0
--------
TOTAL CURRENT ASSETS 133
Land and Buildings 537
Machinery & Equipment 1,592
Construction In Progress 0
--------
Total Fixed Assets 2,129
Accumulated Depreciation (1,572)
--------
NET FIXED ASSETS 557
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 $ 690
========
LIABILITIES AND SHAREHOLDER EQUITY
POST PETITION LIABILITIES
Accounts Payable $ 0
Wages and Salaries (See schedule) 0
Taxes Payable - (See schedule) 2
--------
TOTAL POST PETITION LIABILITIES 2
SECURED LIABILITIES:
SECURED 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
Senior & IDR Bonds 0
--------
TOTAL UNSECURED LIABILITIES 0
OTHER LIABILITIES
Accrued Liabilities 151
Short-Term Intercompany Payables 0
Capital Leases 0
Retirement Benefits 0
Deferred Taxes - Long-Term Liability 0
Other Long-Term Liabilities 0
Long-Term Intercompany Payables 36,945
Minority Interest 0
--------
TOTAL LIABILITIES 37,098
Common Stock 10
Capital In Excess Of Par Value 90
Retained Earnings - Prepetition (34,861)
Retained Earnings - Post Petition (1,647)
Equity In European Operations
Accumulated Translation Adjustment 0
Minimum Pension Liability Adjustment 0
Unearned Restricted Stock 0
--------
TOTAL SHAREHOLDER EQUITY (36,408)
--------
TOTAL LIABILITIES AND EQUITY $ 690
========
PERIOD ENDED: 1-31-05 ALEXANDER CITY CASTING CO., INC. CASE #04-67599
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
12/31/2004 Withheld Deposits 1/31/2005
---------- --------- ---------- ---------
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 $900 $900 $0 $1,800
Property Taxes $ 0 $ 0 $0 $ 0
Workers Compensation 0 0 0 0
---- ---- --- ------
Total $900 $900 $0 $1,800
Wages and Salaries 0 0 0 0
---- ---- --- ------
Grand Total $900 $900 $0 $1,800
==== ==== === ======
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 CASH STATEMENT
Period Ending: JANUARY 31, 2005
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)
E. Ending Balance N/A - COMPANY HAS NO BANK ACCOUNTS
(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: FEBRUARY 28, 2005 ________________________________________
Debtor in Possession
Form 5
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: JANUARY 31, 2005
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.)
Name: ALEXANDER CITY CASTING CO., INC. Capacity: ___ Shareholder
Case Number: 04-67599 ___ 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 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
Dated: FEBRUARY 28, 2005 ________________________________________
PRINCIPAL, OFFICER, DIRECTOR, OR INSIDER
Form 6
Alexander City Casting Co., Inc.
Case Number: 04-67599
Intermet Corporation and Subsidiaries
Schedule of In-Force Insurance
INSURANCE TYPE CARRIER POLICY PERIOD
- -------------------- -------------- -----------------
Property Lloyds 11/1/04-11/1/05
Boiler/Machine Hartford 11/1/04-11/1/05
Cargo Fireman's Fund 11/1/04-11/1/05
Truck Cargo Fireman's Fund 11/1/04-11/1/05
Aviation USAIG 11/1/04-11/1/05
Fiduciary St. Paul 11/1/04-11/1/05
Primary D&O St. Paul 11/1/04-11/1/05
Excess D&O Chubb 11/1/04-11/1/05
Excess D&O Platte River 11/1/04-11/1/05
Crime AIG 12/1/04-12/1/05
General Liability ACE 12/22/04-12/22/05
Umbrella National Union 12/22/04-12/22/05
Workers' Comp ACE 12/22/04-6/22/05
Excess Workers' Comp ACE 12/22/04-12/22/05
Auto ACE 12/22/04-12/22/05
Foreign (DIC) ACE 12/22/04-12/22/05
Note: This list does not include In-Force Insurance for Foreign Subsidiaries.
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 JANUARY 31, 2005:
IN RE: )
INTERMET CORPORATION, ET AL ) CASE NO: 04-67605
) Chapter 11
) Judge: Marci B. McIvor
CAST-MATIC CORPORATION )
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 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 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
is true and correct to the best of my information and belief.
Dated: FEBRUARY 28, 2005 /s/ Robert E. Belts
--------------------------------------------
Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- --------------
Title Phone
Intermet Corp. and Subsidiaries
Operating Statement
For the Month Ended 01-31-05
($000's)
CASE #04-67605
CAST-MATIC
CORP
----------------------------------
Current Month Total Since Filing
------------- ------------------
Net Sales $3,648 $13,991
Cost of Goods Sold
Materials and Freight 2,085 8,082
Wages - Hourly 270 1,018
Wages-Salary 134 542
Employee Benefits and Pension 127 413
Repairs & Maintenance 106 372
Supplies 104 683
Utilities 136 448
Purchased Components/Services 173 646
Income(loss) from Pattern Sales -- --
Fixed Asset - (gain/loss) -- --
MIS Expense 10 41
Travel & Entertainment 1 8
Other Variable Costs 151 582
Depreciation & Amortization 161 650
Other Allocated Fixed Costs -- --
Other Fixed Costs 54 328
------ -------
Cost of Goods Sold 3,512 13,813
Gross Profit 136 178
Plant SG&A Expense -- --
SG&A Expense - Allocation (Sched 1) 82 311
Other Operating Expenses -- 55
------ -------
Total Operating Expenses 82 366
Operating Profit 54 (188)
Outside Interest Income -- --
Outside Interest (Expense) -- --
Intercompany Interest Income -- --
Intercompany Interest (Expense) (37) (116)
Charges (From) Affiliates -- --
Charges To Affiliates -- --
Income/Loss From European Operations -- --
Other Income/(Expense) -- 11
------ -------
Total Non-Operating Expenses (37) (105)
Income Before Income Taxes 17 (293)
Income Tax Expense 25 100
------ -------
Net Income ($8) ($393)
====== =======
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs January
(Allocation of Corporate Costs to Filing Entities)
(000's)
January
-------
Officer Compensation $ 189
Salary Expense other Employees 1,097
Employee Benefits and Pension 145
Payroll Taxes 96
Other Taxes 5
Rent and Lease Expense 185
Interest Expense
Insurance 36
Automobile and Truck Expense 11
Utilities(Gas Electric,Phone) 32
Depreciation 73
Travel and Entertainment 58
Repairs and Maintenance 111
Advertising/Promotion 0
Supplies, Office Expense 33
OTHER:
Contributions 0
Professional Fees - Audit/Tax 131
Bank Fees 24
Public Reporting Fees 16
Employee Relocation/Training 0
Data Processing 20
Dues and Subscriptions 20
Outside Services 129
Project Development Costs net of Billings 133
Director Fees 25
Miscellaneous 5
Professional Fees - Bankruptcy (157)
Cost Allocation - Out (244)
------
$2,174
======
Allocation:
Wagner Castings 191
Northern Castings 50
Ironton Iron 0
Lynchburg Foundry 193
Columbus Foundry 313
Wagner Havana 0
Intermet U.S. Holdings 259
Cast-Matic Corp. 82
Diversified Diemakers 257
Ganton Technologies 168
Tool Products 137
Intermet Corporation 524
------
Total $2,174
======
INTERMET Corp. and Subsidiaries
Balance Sheet as of 1-31-05
CASE #04-67605
--------------
CAST-MATIC
CORP
--------------
Cash And Equivalents $ 0
Accounts Receivable 5,745
Short-Term Intercompany Receivables 0
Inventories 2,232
Other Current Assets 121
-------
TOTAL CURRENT ASSETS 8,098
Land and Buildings 2,889
Machinery & Equipment 17,438
Construction In Progress 0
-------
Total Fixed Assets 20,327
Accumulated Depreciation (6,625)
-------
NET FIXED ASSETS 13,702
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 $21,800
=======
LIABILITIES AND SHAREHOLDER EQUITY
POST PETITION LIABILITIES
Accounts Payable $ 480
Wages and Salaries (See schedule) 86
Taxes Payable - (See schedule) 91
-------
TOTAL POST PETITION LIABILITIES 657
SECURED LIABILITIES:
SECURED 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 3,215
Senior & IDR Bonds 0
-------
TOTAL UNSECURED LIABILITIES 3,215
OTHER LIABILITIES
Accrued Liabilities 330
Short-Term Intercompany Payables 555
Capital Leases 0
Retirement Benefits 0
Deferred Taxes - Long-Term Liability 0
Other Long-Term Liabilities 0
Long-Term Intercompany Payables 16,309
Minority Interest 0
-------
TOTAL LIABILITIES 21,066
Common Stock 0
Capital In Excess Of Par Value 2,109
Retained Earnings - Prepetition (982)
Retained Earnings - Post Petition (393)
Equity In European Operations
Accumulated Translation Adjustment 0
Minimum Pension Liability Adjustment 0
Unearned Restricted Stock 0
-------
TOTAL SHAREHOLDER EQUITY 734
-------
Total Liabilities And Equity $21,800
=======
PERIOD ENDED: 1-31-05 CAST-MATIC CORP. CASE #04-67605
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
12/31/2004 Withheld Deposits 1/31/2005
---------- --------- ---------- ---------
Income tax withheld: Federal $ 0 $ 40,698 ($ 40,698) $ 0
Income tax withheld: State 0 11,943 (11,943) 0
Income tax withheld: Local 0 43 (43) 0
FICA Withheld 0 26,818 (26,818) 0
Employers FICA 3,239 26,005 (26,818) 2,426
Unemployment Tax: Federal 47 2,804 (2,804) 47
Unemployment Tax: State 271 32,987 (23,989) 9,269
All Other Payroll W/H 0 0 0 0
State Taxes: Inc./Sales/Use/Excise 25,000 25,000 0 50,000
Property Taxes 67,274 (47,500) (1,274) 18,500
Workers Compensation 2,500 7,500 0 10,000
-------- -------- --------- --------
Total $ 98,331 $126,298 ($134,387) $ 90,242
Wages and Salaries 49,545 526,439 (489,559) 86,425
-------- -------- --------- --------
Grand Total $147,876 $652,736 ($623,946) $176,667
======== ======== ========= ========
Aging of Accounts Receivable
and Post Petition Accounts Payable
Age in Days (Post Petiition) Total 0-30 Days 30-60 Days Over 60 Days
- ---------------------------- ---------- ---------- ---------- ------------
Accounts Payable $ 480,490 $ 480,490 $ 0 $ 0
Accounts Receivable $5,546,295 $3,730,925 $1,798,507 $16,863
INTERMET CORPORATION AND SUBSIDIARIES PERIOD ENDED 1/31/2005
MONTHLY CASH STATEMENT
CASH ACTIVITY ANALYSIS:
CASE # 04-67605
CAST-MATIC CORP (STEVENSVILLE)
------------------------------------------------------------------
ACCOUNT TYPE LOCKBOX 673038 DEPOSITORY AP PR
ACCOUNT # 1851812063 361567604 2176982979 2176983126
BANK Comerica Bank One Comerica Comerica TOTAL
- ------------------------------------------- -------------- ---------- ---------- ---------- ----------
BEGINNING BANK BALANCE -- -- -- -- --
RECEIPTS 2,223,394 -- -- -- 2,223,394
TRANSFERS IN (CORPORATE) -- -- 443,491 329,330 772,822
DIP INFLOW -- -- -- -- --
DISBURSEMENTS -- -- (443,491) (329,330) (772,822)
TRANSFERS OUT (CORPORATE) (2,223,394) -- -- -- (2,223,394)
DIP REPAYMENT -- -- -- -- --
---------- --- ---------- -------- ----------
ENDING BANK BALANCE -- -- -- -- --
WIRES PAID FOR BY CORPORATE 1,740,580 80,431 1,821,012
CHECKS ISSUED 444,057
----------
TOTAL DISBURSEMENTS
(SEE TOTAL DISBURSEMENTS RECONCILIATION) $2,184,637
==========
OUTSTANDING CHECKS AS OF DECEMBER 31 66,773
VOIDED CHECKS OUTSTANDING AS OF DECEMBER 31 --
CHECKS ISSUED IN JANUARY 444,057
CHECK CLEARED IN JANUARY (443,492)
----------
OUTSTANDING CHECKS AS OF JANUARY 31
(SEE OUTSTANDING CHECKLIST) $ 67,338
==========
CAST-MATIC CORP. CASE NO. 04-67605
CASH DISBURSEMENTS
JANUARY 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
Accu Die & Mold $ 750.00
Ace Hardware 960.25
Adams Remco 2,203.37
ADP, Inc 1,749.49
Advanced Prototyping, Inc 728.50
Air Tech Engineering, Inc 2,587.00
Alcan Primary Metal Group 1,276,455.00
Alcoa 262,332.00
Alcoa Specialty Metals Div 1,080.00
Alfe Heat Treating 163,795.50
All-Phase Electric Supply Co 19.11
Alpha Resources 94.73
Alro Steel 786.23
American Electric Power 30,548.96
Aquila 6,854.00
Aramark Uniform Services, Inc 2,530.23
Arrow Health & Safety 930.15
Assoicated Bag 134.50
AutomationDirect.com 1,227.00
Bastian Material Handling 43.45
Beacon Operations Center 17,556.86
Brammall Supply 854.85
Brandon Reed 269.25
C B Dekorne 306.28
C.P.C. 3,410.00
Carr Lane 46.61
Charles Rytlewski 126.90
Charlevoix Energy Trading 90,325.37
ChemStation of Northern Indiana 1,144.50
Chem-Trend Inc 1,627.50
Condat 5,346.00
Connection Service 375.81
Consolidated Controls Co 282.00
Coverall of Western MI 2,544.90
Crystal Clean 561.24
Custom Mold 1,480.57
DME Co 1,000.09
Dimetek 8,490.20
Doubleday Office Products 3,945.24
Dwyer Instruments, Inc 385.08
Earthscapes Landscaping, Inc 247.50
EIS, Inc 1,302.10
E-Jay Thermo Products, Inc. 450.03
Elcometer, Inc 465.00
Exfil 125.24
CAST-MATIC CORP. CASE NO. 04-67605
CASH DISBURSEMENTS
JANUARY 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
Fidelity Investments 89.88
Floyd Barnes 498.31
Forklift Tires Of Michigan 740.00
GE Inspection Technologies 1,517.85
Geo T Schmidt 1,451.56
Global Exchange Services 28.39
Globe Metallurgical, Inc. 2,175.00
Golden's Foundry & Machine 2,193.50
Grand Technologies 154.17
Great Lakes Automation 545.21
Griffin Tool, Inc. 9,840.00
H & H Express, LLC 1,485.00
H & J Florist 55.12
Hampton Inn 1,341.36
HECO, INC 1,769.00
Hi-Temp Products, Inc 4,520.00
Hull Lift Truck, Inc 240.78
Industrial Gypum Co 740.00
Industrial Solutions 1,753.29
Innerspec Technologies, Inc 1,489.32
J & L Industrial Supply 14,239.39
Jerz Machine Tool Corp 14,005.00
Jones & Henry Laboratories 40.80
Keener Sand & Clay Co 1,760.00
Kendall Electric 2,989.44
Kent Rudbeck 827.53
KMH Systems 2,800.46
Lakeland Medical Center 97.75
M & I Machine 5,275.00
Martin Fluid Power 82.55
McMaster-Carr Supply 1,886.79
Metallurg 16,594.47
Michiana Supply 130.73
Michigan AMVET News, The 160.00
Michigan Chamber Services, Inc 270.00
Mitchell Maze 77.86
Mittler Supply 2,447.00
Molten Metal Equipment 3,307.04
Motion Industries, Inc 1,037.11
National Element 2,788.80
Neff Engineering 228.22
Newark In One 52.47
NMHG Financial Services 710.85
Nora Voltz 4,800.00
Omega Engineering, Inc. 269.28
Ondraka Management Enterprises 845.00
CAST-MATIC CORP. CASE NO. 04-67605
CASH DISBURSEMENTS
JANUARY 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
Original AD 8,167.20
Peoples Oil Company 356.95
Petty Cash 592.16
Pitney Bowes 77.63
Pooch Welding Supply Co 2,515.49
Porter-Cable Corp 146.67
Product Action International 17,605.00
Pyrotek 33,383.82
QME Quality Mold & Engineering 4,920.00
Quantum Connections, LLC 67.00
R. Scott Bleeks 369.60
Radde Agency 28.00
Ray's Motel 756.00
Red Arrow Fire & Safety 79.11
Reliable Disposal 845.18
Rose Fuel & Material, Inc. 79.95
S & S Industrial Supply 2,024.95
Safety Products Division 1,101.95
Safety-Kleen 648.01
SBC Ameritech 798.62
Schott Saw Co 1,805.25
Scope Services Inc 29,059.34
Society For Human Resource MGMT 145.00
Southwerstern Medical Clinic 1,286.00
SRI Quality Systems 4,040.00
Superior Business Solutions 73.60
Superior Snacks & Vending Service 156.25
Tangents Labs, LLC 90.00
Ted Wallace 33.00
Test Equipment Distributors 1,668.62
Transman 5,698.28
Thayer, Inc 598.43
The Connection Co 165.43
Verizon Wireless 89.66
WH Duffill 327.20
WHM Fluid Power 212.41
William A. Kibbe & Assoc., Inc. 1,335.00
William Atkins 35.25
Wood Temporary Staffing 18,845.39
Xpress Printing 17.49
Y.E.S. 16,861.83
Youngblood Air Systems 6,235.58
Yxlon International 12,465.00
-------------
$2,184,637.17
=============
CAST-MATIC CORPORATION
CASE No. 04-67605
AT 1/31/05
STEVENSVILLE - BANK RECONCILIATION
Bank Balance $ --
Actual Outstanding AP Checks $67,338.14
Actual Outstanding PR Checks 7,214.71 74,552.85
----------
Unadjusted GL Balance 74,552.85
----------
Difference $ --
==========
STEVENSVILLE
OUTSTANDING CHECKS
CASE No. 04-67605
DATE CHECK OUTSTANDING
- ---------- ----- -----------
12/9/2004 41949 $ 359.11
12/14/2004 42016 142.82
12/14/2004 42017 49.30
1/6/2005 42186 425.47
1/6/2005 42222 850.00
1/18/2005 42301 224.60
1/19/2005 42306 5,227.20
1/20/2005 42311 64.11
1/20/2005 42349 84.12
1/21/2005 42355 730.83
1/21/2005 42356 173.50
1/24/2005 42360 740.00
1/24/2005 42362 275.07
1/24/2005 42363 238.59
1/25/2005 42366 384.49
1/25/2005 42367 322.95
1/27/2005 42372 316.67
1/27/2005 42373 2,587.00
1/27/2005 42375 134.00
1/27/2005 42377 689.30
1/27/2005 42378 43.45
1/27/2005 42379 2,238.06
1/27/2005 42382 3,410.00
1/27/2005 42383 247.50
1/27/2005 42384 450.03
1/27/2005 42385 339.21
1/27/2005 42386 1,808.00
1/27/2005 42387 6,225.00
1/27/2005 42388 689.00
1/27/2005 42390 743.47
1/27/2005 42391 160.00
1/27/2005 42392 578.00
1/27/2005 42393 710.85
1/27/2005 42395 356.95
1/27/2005 42396 1,491.20
1/27/2005 42397 15,210.50
1/27/2005 42398 473.36
1/27/2005 42399 3,740.00
1/27/2005 42400 422.59
1/27/2005 42401 79.95
1/27/2005 42402 28.00
1/27/2005 42403 244.06
1/27/2005 42404 424.90
1/27/2005 42405 599.04
1/27/2005 42407 145.00
1/27/2005 42408 816.60
1/27/2005 42409 89.66
STEVENSVILLE
OUTSTANDING CHECKS
CASE No. 04-67605
DATE CHECK OUTSTANDING
- --------- ----- -----------
1/27/2005 42412 115.00
1/27/2005 42415 77.86
1/27/2005 42416 2,933.22
1/27/2005 42418 1,200.00
1/27/2005 42419 418.86
1/27/2005 42420 1,080.00
1/28/2005 42421 248.41
1/28/2005 42422 81.30
1/28/2005 42423 2,940.00
1/31/2005 42424 430.12
1/31/2005 42425 189.18
1/31/2005 42426 71.68
1/31/2005 42427 1,769.00
----------
$67,338.14
==========
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: JANUARY 31, 2005
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.)
Name: CAST-MATIC CORPORATION Capacity: ___ Shareholder
Case Number: 04-67605 ___ 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 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
Dated: FEBRUARY 28, 2005 ________________________________________
PRINCIPAL, OFFICER, DIRECTOR, OR INSIDER
Form 6
Cast-Matic Corporation
Case number: 04-67605
Intermet Corporation and Subsidiaries
Schedule of In-Force Insurance
INSURANCE TYPE CARRIER POLICY PERIOD
- -------------------- -------------- -----------------
Property Lloyds 11/1/04-11/1/05
Boiler/Machine Hartford 11/1/04-11/1/05
Cargo Fireman's Fund 11/1/04-11/1/05
Truck Cargo Fireman's Fund 11/1/04-11/1/05
Aviation USAIG 11/1/04-11/1/05
Fiduciary St. Paul 11/1/04-11/1/05
Primary D&O St. Paul 11/1/04-11/1/05
Excess D&O Chubb 11/1/04-11/1/05
Excess D&O Platte River 11/1/04-11/1/05
Crime AIG 12/1/04-12/1/05
General Liability ACE 12/22/04-12/22/05
Umbrella National Union 12/22/04-12/22/05
Workers' Comp ACE 12/22/04-6/22/05
Excess Workers' Comp ACE 12/22/04-12/22/05
Auto ACE 12/22/04-12/22/05
Foreign (DIC) ACE 12/22/04-12/22/05
Note: This list does not include In-Force Insurance for Foreign Subsidiaries.
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 JANUARY 31, 2005:
IN RE: )
INTERMET CORPORATION, ET AL ) CASE NO: 04-67609
) Chapter 11
) Judge: Marci B. McIvor
COLUMBUS FOUNDRY, L.P. )
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 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 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
is true and correct to the best of my information and belief.
Dated: FEBRUARY 28, 2005 /s/ Robert E. Belts
--------------------------------------------
Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- --------------
Title Phone
Intermet Corp. and Subsidiaries
Operating Statement
For the Month Ended 01-31-05
($000's)
CASE #04-67609
COLUMBUS
FOUNDRY
----------------------------------
Current Month Total Since Filing
------------- ------------------
Net Sales $13,055 $51,010
Cost of Goods Sold
Materials and Freight 4,538 18,276
Wages - Hourly 1,678 6,826
Wages-Salary 476 1,909
Employee Benefits and Pension 946 3,585
Repairs & Maintenance 886 2,835
Supplies 656 2,680
Utilities 900 3,491
Purchased Components/Services 1,023 3,767
Income(loss) from Pattern Sales (1) (629)
Fixed Asset - (gain/loss) -- 11
MIS Expense 52 221
Travel & Entertainment 7 29
Other Variable Costs (258) 737
Depreciation & Amortization 413 2,229
Other Allocated Fixed Costs -- --
Other Fixed Costs 136 554
------- -------
Cost of Goods Sold 11,452 46,521
Gross Profit 1,603 4,489
Plant SG&A Expense 17 118
SG&A Expense - Allocation (Sched 1) 313 1,183
Other Operating Expenses -- 415
------- -------
Total Operating Expenses 330 1,716
Operating Profit 1,273 2,773
Outside Interest Income -- --
Outside Interest (Expense) -- (6)
Intercompany Interest Income -- --
Intercompany Interest (Expense) (129) (496)
Charges (From) Affiliates -- --
Charges To Affiliates -- --
Income/Loss From European Operations -- --
Other Income/(Expense) -- --
------- -------
Total Non-Operating Expenses (129) (502)
Income Before Income Taxes 1,144 2,271
Income Tax Expense 34 163
------- -------
Net Income $ 1,110 $ 2,108
======= =======
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs January
(Allocation of Corporate Costs to Filing Entities)
(000's)
January
-------
Officer Compensation $ 189
Salary Expense other Employees 1,097
Employee Benefits and Pension 145
Payroll Taxes 96
Other Taxes 5
Rent and Lease Expense 185
Interest Expense
Insurance 36
Automobile and Truck Expense 11
Utilities(Gas Electric, Phone) 32
Depreciation 73
Travel and Entertainment 58
Repairs and Maintenance 111
Advertising/Promotion 0
Supplies, Office Expense 33
OTHER:
Contributions 0
Professional Fees - Audit/Tax 131
Bank Fees 24
Public Reporting Fees 16
Employee Relocation/Training 0
Data Processing 20
Dues and Subscriptions 20
Outside Services 129
Project Development Costs net of Billings 133
Director Fees 25
Miscellaneous 5
Professional Fees - Bankruptcy (157)
Cost Allocation - Out (244)
------
$2,174
======
Allocation:
Wagner Castings 191
Northern Castings 50
Ironton Iron 0
Lynchburg Foundry 193
Columbus Foundry 313
Wagner Havana 0
Intermet U.S. Holdings 259
Cast-Matic Corp. 82
Diversified Diemakers 257
Ganton Technologies 168
Tool Products 137
Intermet Corporation 524
------
Total $2,174
======
INTERMET Corp. and Subsidiaries
Balance Sheet as of 1-31-05
CASE #04-67609
--------------
COLUMBUS
FOUNDRY
--------------
Cash And Equivalents $ 1
Accounts Receivable 20,165
Short-Term Intercompany Receivables 9
Inventories 7,425
Other Current Assets (12)
--------
TOTAL CURRENT ASSETS 27,588
Land and Buildings 12,701
Machinery & Equipment 79,149
Construction In Progress 94
--------
Total Fixed Assets 91,944
Accumulated Depreciation (61,249)
--------
NET FIXED ASSETS 30,695
Investment In Subsidiaries 0
Investment In European Operations 0
Long-Term Intercompany Receivables 26,101
Deferred Taxes, Long-Term Asset 0
Other Assets 643
--------
TOTAL ASSETS $ 85,027
========
LIABILITIES AND SHAREHOLDER EQUITY
POST PETITION LIABILITIES
Accounts Payable $ 2,577
Wages and Salaries (See schedule) 92
Taxes Payable - (See schedule) 570
--------
TOTAL POST PETITION LIABILITIES 3,239
SECURED LIABILITIES:
SECURED 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. 339
Accrued Payroll 0
Accrued Payroll Taxes 0
--------
TOTAL TAXES AND OTHER PRIORITY LIABILITIES 339
UNSECURED LIABILITIES
Accounts Payable 10,148
Senior & IDR Bonds 0
--------
TOTAL UNSECURED LIABILITIES 10,148
OTHER LIABILITIES
Accrued Liabilities 2,190
Short-Term Intercompany Payables 538
Capital Leases 0
Retirement Benefits (1,066)
Deferred Taxes - Long-Term Liability 0
Other Long-Term Liabilities 0
Long-Term Intercompany Payables 1,336
Minority Interest 0
--------
TOTAL LIABILITIES 16,724
Common Stock 0
Capital In Excess Of Par Value 4,592
Retained Earnings - Prepetition 61,603
Retained Earnings - Post Petition 2,108
Equity In European Operations
Accumulated Translation Adjustment 0
Minimum Pension Liability Adjustment 0
Unearned Restricted Stock 0
--------
TOTAL SHAREHOLDER EQUITY 68,303
--------
TOTAL LIABILITIES AND EQUITY $ 85,027
========
PERIOD ENDED: 1-31-05 COLUMBUS FOUNDRY CASE #04-67609
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
12-31-04 Withheld Deposits 1-31-05
--------- ----------- ---------- ---------
Income tax withheld: Federal $ 0 ($229,915) $ 195,440 ($34,475)
Income tax withheld: State 0 (103,297) 87,206 (16,091)
Income tax withheld: Local 0 0 0 0
FICA Withheld 0 (181,626) 152,681 (28,944)
Employers FICA (16,317) (173,550) 151,309 (38,558)
Unemployment Tax: Federal (4,620) (17,285) 49,492 27,587
Unemployment Tax: State (13,262) (59,157) 12,114 (60,305)
All Other Payroll W/H (109,392) (195,380) 164,061 (140,712)
State Taxes: Inc./Sales/Use/Excise (154,656) (72,627) 58,177 (169,106)
Property Taxes 0 (50,000) 0 (50,000)
Workers Compensation (20,000) (40,000) 0 (60,000)
--------- ----------- ---------- ---------
Total ($318,247) ($1,122,837) $ 870,479 ($570,605)
Wages and Salaries (211,612) (2,280,542) 2,400,355 (91,799)
--------- ----------- ---------- ---------
Grand Total ($529,859) ($3,403,379) $3,270,834 ($662,404)
========= =========== ========== =========
Aging of Accounts Receivable
and Post Petition Accounts Payable
Age in Days (Post Petiition) Total 0-30 Days 30-60 Days Over 60 Days
- ---------------------------- ----------- ----------- ---------- ------------
Accounts Payable $ 2,576,706 $ 2,874,693 ($313,071) $ 15,084
Accounts Receivable $20,605,407 $19,032,682 $ 146,019 $1,426,707
INTERMET CORPORATION AND SUBSIDIARIES PERIOD ENDED 1/31/2005
MONTHLY CASH STATEMENT
CASH ACTIVITY ANALYSIS:
CASE # 04-67609
COLUMBUS FOUNDRY
---------------------------------------------------------------------------------
ACCOUNT TYPE LOCKBOX 77691 DEPOSIT AP PR (HOURLY) PR (SALARY)
ACCOUNT # 269833 5401086425 2770716492 2770716484 2770716658
BANK Bank One Stan. Fed. Stan. Fed. Stan. Fed. Stan. Fed. TOTAL
------------ ------------- ---------- ----------- ----------- ----------- ----------
BEGINNING BANK BALANCE -- -- -- -- -- --
RECEIPTS -- 9,826,763 6,177 -- -- 9,832,939
TRANSFERS IN (CORPORATE) -- -- 2,657,493 1,550,934 479,768 4,688,195
DIP INFLOW -- -- -- -- -- --
DISBURSEMENTS -- -- (2,663,669) (1,550,934) (479,768) (4,694,371)
TRANSFERS OUT (CORPORATE) -- (9,826,763) -- -- -- (9,826,763)
DIP REPAYMENT -- -- -- -- -- --
--- ---------- ----------- ---------- -------- ----------
ENDING BANK BALANCE -- -- (0.00) -- -- --
WIRES PAID FOR BY CORPORATE 5,024,540 5,024,540
CHECKS ISSUED 2,527,663
-----------
TOTAL DISBURSEMENTS
(SEE TOTAL DISBURSEMENTS RECONCILIATION) $ 7,552,203
===========
OUTSTANDING CHECKS AS OF DECEMBER 31 709,640
VOIDED CHECKS OUTSTANDING AS OF DECEMBER 31 (186,960)
Checks Issued in January 2,527,663
CHECK CLEARED IN JANUARY (2,605,458) Does not include $ 52,034.23 pertaining
to sales tax debit.
-----------
OUTSTANDING CHECKS AS OF JANUARY 31
(SEE OUTSTANDING CHECKLIST) $ 444,885
===========
COLUMBUS FOUNDRY CASE NO. 04-67609
CASH DISBURSEMENTS
JANUARY 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
ABEL, JOHN N. $ 1,007.11
ADECCO EMPLOYMENT SERVICES 511.20
ADP INC 2,835.40
ADULT PROBATION OFFICE 2,334.83
ADVANCED TECHNOLOGIES SERVICE 400.00
AETNA US HEALTHCARE 9,086.00
AIR COMPRESSOR TECHNOLOGIES 9,500.00
AIR SPECIALIST INC 1,719.76
AIRGAS DRY ICE 608.81
AIRGAS SOUTH INC. 2,387.39
ALABAMA CHILD SUPPORT PAYMENT 14,226.44
ALLEGRA PRINT & IMAGING 192.90
ALLEN RICHIE 468.98
ALLEN, JOHN F. 315.05
ALLIED MINERAL PRODUCTS INC 37,753.70
AMERALLOY STEEL COPRORATION 1,582.14
AMERICAN BUSINESS FORMS 1,645.13
AMERICAN COLLOID COMPANY 162,226.58
AMERICAN EYE CARE 916.05
AMERICAN FAMILY LIFE 214.39
AMERICAN TESTING LABORATORY 450.00
AQUATROL(DIV. OF MOMAR) 1,600.00
ASHMM 590.00
ATHLETIC DEPT. 598.32
ATMOS ENERGY 20,590.43
ATMOS ENERGY MARKETING LLC 132,788.23
AUTOMATED BUSINESS MACHINES 682.00
BARLOWORLD HANDLING LP 11,488.19
BEARDSLEY & PIPER, LLC 64,269.00
BEAUFORT COUNTY FAMILY COURT 253.08
BELL SOUTH 4,635.84
BELLWEATHER, INC 2,126.25
BETTY BASS FLOWERS & GIFTS 69.55
BH TRANSFERS CO. 12,033.94
BHA GROUP INC 897.78
BONNER JR., FRANK W. 30.00
BROADSPIRE SERVICES INC 40,045.44
BROWN & SHARPE INC --
BUCK ICE & COAL 734.46
BUCKEYE BUSINESS PRODUCTS, INC 521.62
C.A. PICARD SURFACE ENG 12,481.30
CAIL TOOL & MACHINERY, INC. 7,960.80
CAMERON & BARKLEY CO. 2,788.81
CARLA DEVITA REED 600.00
CARMIKE CINEMAS INC 510.00
COLUMBUS FOUNDRY CASE NO. 04-67609
CASH DISBURSEMENTS
JANUARY 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
CARRIER VIBRATING EQUIPMENT, I 597.93
CECO ASSOCIATES 4,464.00
CHAMPION CHISEL WORKS, INC. 5,875.55
CHAPTER 13 TRUSTEE 23,364.32
CHILD SUPPORT ENFORCEMENT 450.00
CHILD SUPPORT ENFORCEMENT, FSR 1,606.00
CINTAS CORP. 7,190.97
CIT TECHNOLOGY FIN SERV, INC 1,196.26
CLAREDON TEXTILES INC. 4,982.94
CLEARINGHOUSE 332.52
CLERK OF MUNICIPAL COURT 550.61
CLERK OF THE CIRCUIT COURT 101.00
COASTAL ENERGY 29,489.50
COBB WIRE ROPE & SLING CO. 1,679.68
COLUMBIA MARKING TOOLS 109.42
COLUMBUS FIRE & SAFETY EQUIP 1,031.82
COLUMBUS INDUSTRIAL SUPPLY 1,854.32
COLUMBUS LEDGER 463.00
COLUMBUS PARKS & REC. DEPT. 430.00
COLUMBUS RUBBER & GASKET, INC. 133.98
COLUMBUS TIMES NEWSPAPER 65.48
COLUMBUS WATER WORKS 10,367.04
CROWN GROUP-FORT WAYNE 117.98
CURTIS REDDING 1,356.00
DAN KLEIBER 1,372.85
DANIELS, RICHARD 154.04
DAUBER COMPANY, INC. 42,336.00
DAY-TIMERS 105.88
DEFENDER SERVICES INC 15,545.38
DISAMATIC 29,246.15
DYNAMIC AIR INC. 1,475.73
EAGLITE CHEMICALS 7,260.00
EARTHLINK INC 23.95
EBCO BATTERY CO 97.33
EDDIE WILLIAMS 11,366.49
ELECTRIC MELTING SRVCES SW INC 14,806.20
ELKEM METALS, INC. 103,058.13
ENVIRONMENTAL RESOURCE ANALYST 183.00
ENVIRONMENTAL TECHNOLOGY CORP 176.65
ETA ENGINEERING 1,081.20
FAMILY SUPPORT REGISTRY FSR 39,689.61
FERGUSON ENTERPRISE 400.24
FLETCHER OIL INC. 9,393.56
FLORIDA TRANSFORMAR, INC. 1,611.15
FREEMAN MFG. & SUPPLY CO. 654.13
G E CAPITAL 008 7,553.13
COLUMBUS FOUNDRY CASE NO. 04-67609
CASH DISBURSEMENTS
JANUARY 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
G.E. CAPITAL -002 14,678.25
GA AUTOMATION CO. INC. 1,668.72
GA. DEPT OF HUMAN RESOURCES 20.00
GENERAL KINEMATICS 79.05
GENTRY MACHINE WORKS, INC. 36,006.00
GEORGIA POWER 637,225.66
GLENN PETRIK 1,469.35
GLOBAL DOSIMRY SOLUTIONS INC 202.68
GLOBAL METTALLURGICAL 281,217.30
GRAYLINK 1,359.18
GREATER COLUMBUS CHAMBER OF 880.00
GWINNETT MAGISTRATE COURT 579.61
HA INTERNATIONAL 28,433.26
HAMILTON STATION APTS 2,610.00
HARMON, DOUG 291.00
HARTLEY CONTROLS CORP. 339.20
HERAEUS ELECTRO-NITE CO. 14,179.07
HOUGHTON INTERNATIONAL 5,235.34
HUGHES SUPPLY, INC. 9,532.00
IFCO INDUSTRIAL CONTAINER SYS 426.93
IKON OFFICE SOLUTIONS 766.52
INDUCTOTHERM CORP. 5,199.99
INDUSTRIAL 1 SUPPLY CO. 31,478.40
INDUSTRIAL COMBUSTION SVCE INC 4,519.20
INDUSTRIAL METAL FABRICATORS 21,937.75
INDUSTRIAL PACKAGING CORPORATI 3,285.75
INTERMET MACHINING-COLUMBUS --
INTERNAL REVENUE SERVICE 1,060.50
INTERNATIONAL TREASURER-USAW 10,487.23
INTERSTATE ELECTRICAL SUPPLY 55,448.08
JESS W. JACKSON & ASSOCIATES 4,049.09
JOHN H. GERMERAAD, TRUSTEE 475.00
JOHNSON DIVERSEY 2,681.25
JOHNSTONE SUPPLY 3,774.54
KENT RUDBECK 7,506.18
KEVIN MARTIN 12,071.40
K-MART 87.12
KNOX PEST CONTROL 108.00
KONIECZNY TOOL 195.00
KRAUTKRAMER BRANSON, INC. 2,179.23
LABCORP OF AMERICA HOLDINGS 115.50
LAEMPE + REICH CORPORATION 270.65
LAND TRANSPORTATION 157,442.08
LARPEN METALLURGICAL SERVICE 207,211.00
LEADING EDGE 21,875.00
LINA 296.00
COLUMBUS FOUNDRY CASE NO. 04-67609
CASH DISBURSEMENTS
JANUARY 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
LINDE GAS LLC 3,788.87
LOGAN MACHINE WORKS, INC 475.00
LORAMENDI, INC 1,031.77
LOWE'S HOME CENTERS, INC. 116.63
MACAWBER ENGINEERING, INC. 3,782.41
MAGISTRATE COURT OF 1,027.02
MANPOWER-GREENVILLE 336.00
MARJO PLASTICS CO., INC. 4,275.00
MARTIN BROTHERS CONTAINERS 20,099.23
MARYLAND WIRE BELTS, INC 846.98
MAYS, DANNY J. 46.64
MCI 882.90
MCI CONFERENCING 399.03
MCMASTER-CARR SUPPLY CO 1,633.33
MCQUAY S E SUPPLY 3,575.56
MEREDITH, DONALD W. 18.45
METALDYNE 6,176.25
METALDYNE- GREENSBORO OPERATI 5,000.00
METOKOTE CORPORATION 66,217.66
MIDWESCO, INC. 12,096.00
MIKE & ED'S BAR - B-Q 275.74
MIKE GROVE 64.86
MIKE WINDISH 347.16
MILLER & CO. 97,650.75
MILLER LANDSCAPING 700.00
MODERN EQUIPMENT CO 4,565.94
MOTION INDUSTRIES, INC. 30,179.13
MSC INDUSTRIAL SUPPLY CO. 166.86
MUSCOGEE COUNTY TAX COMM --
NATIONAL AFFILIATED TECHNOLOGI 1,595.00
NATIONAL BELT SERVICE, INC 23,641.60
NC CHILD SUPPORT CENTRALIZED 271.00
NEWARK ELECTRONICS 336.96
NEWCO 5,748.83
NOBLE COUNTY CLERK 1,560.01
NOLEN, VIVIEN H. 183.22
NORFOLK SOUTHERN 80,000.00
NORTH COLUMBUS PHARMACY 48.42
NORTHBEND PATTERN WORKS,LLC 26,000.00
OAK MOUNTAIN CONSTRUCTION 6,114.00
OAKITE PRODUCTS, INC. 2,362.80
OCCUPATIONAL MEDICINE OF 624.00
OFFICE DEPOT CREDIT PLAN 2,025.95
OFFICE OF THE ATTORNEY GENERAL 504.00
OHIO CSPC 765.92
OMNISOURCE CORPORATION 1,370,360.27
COLUMBUS FOUNDRY CASE NO. 04-67609
CASH DISBURSEMENTS
JANUARY 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
OMNISOURCE CORPORATION COPPER 30,000.00
OVERBY COMPANY, THE 5,692.46
OVERHEAD DOOR CO. OF COLUMBUS 194.50
PARMER WATER COMPANY 27.83
PERFECT PATTERNS INC. 62,375.00
PHILIP SERVICES CORP 10,340.60
PIEDMONT FOUNDRY SUPPLY, 1,681.50
PIEDMONT FOUNDRY SUPPLY, INC. 9,271.32
PIEDMONT NATIONAL CORPORATION 6,616.19
PINE HOLLOW, INC. 9,945.00
POSTMASTER 313.76
PREFERRED SOURCING 18,760.00
PRIMETRADE 1,170,549.32
PRUITT, HARVEY 400.00
RADIO WHOLESALE MARKETING 116.63
REAVES WRECKING 2,529.96
RED HILL GRINDING WHEEL CORP. 914.18
REFCOTEC, INC. 117.27
REFRACTORY SALES & SERVICE CO 1,594.00
REFRACTORY SALES & SERVICE CO. 1,172.80
REYNOLDS SUPPLY CO. 8,100.04
RODGERS METAL CRAFT, INC. 19,035.30
SAFECO, INC. 511.11
SAFETY SOUTH 13,252.33
SAFETY-KLEEN CORP. 1,091.71
SANTA CLARA COUNTY 446.25
SCALE SYSTEMS INC 2,453.00
SCORE, INC 7,810.00
SHANNON BAKER ASSOCIATES, INC. 2,514.42
SHAW DUGOUT BOOSTER CLUB 500.00
SHEMWELL, DAVID 437.33
SHEPERD NILES 1,887.71
SHERRIE FAYE LANDRY 650.00
SHOES 'N COMPANY 1,919.87
SIMPSON TECHNOLOGIES 9,178.00
SMITH GRAY ELECTRIC CO., INC. 31,067.71
SMITH STATION HIGH SCHOOL 300.00
SMITH, MIKE 129.38
SOUTHEASTERN HOME OXYGEN SER 2.68
SOUTHERN COPPER & SUPPLY CO. 1,098.00
SOUTHERN STATES TOYOTALIFT 44,730.52
SOUTHLAND CHEMICAL 82.13
SPAR SPECIALTY REFRACTORIES 11,538.00
SPECIALTY FOUNDRY PRODUCT 10,609.24
SPRINT PCS 5,109.59
SPX CONTECH 1,046.64
COLUMBUS FOUNDRY CASE NO. 04-67609
CASH DISBURSEMENTS
JANUARY 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
STAFFING SOLUTIONS, COLUMBUS 2,335.50
STATE COURT OF GEORGIA 166.47
STATE COURT OF GWINNETT CTY 791.08
STATE DISBURSEMENT UNIT 3,208.94
STATE OF FLORIDA DISBURSMENT 821.84
STAVELEY SENSORS, INC. 1,450.85
STEPHENS AUTO GLASS & PAINT 90.00
STERICYCLE, INC. 79.06
SUNSOURCE/ACTIVATION 18,841.32
SUPREME CORES 36,576.00
TECHNICAL SERVICES GROUP INC 6,595.00
TENNANT SALES & SERVICE CO 2,103.34
THE BUSINESS RESOURCE CENTER 450.00
THE DAVID J JOSEPH COMPANY 1,218,000.00
THE MODAL SHOP 6,001.79
THE NEW KEIBLER-THOMPSON CO. 3,592.00
THERMO ELECTRON 3,603.92
THERMO JARRELL ASH CORP 44,205.50
THORNTON, JOSEPH 800.00
TRANSMAN LOGISTICS 48,986.46
TRINITY CONSULTANTS 1,163.14
TRIPLE M MANUFACTURING, INC. 27,575.00
U.S. DEPT OF EDUCATION 236.22
UMETCO 92,400.00
UNEEDA GLASS 436.03
UNIMIN CORPORATION 25,497.45
VALLEY PLUMBING COMPANY 3,800.00
VAN ALLEN FIRST AID + SAFETY 302.90
VESUVIUS U.S.A. 19,443.30
VICTORIA BODLEY 200.00
VOLVO RENTS 9,004.51
VULCAN ELECTRO COATING 11,893.63
VULCAN ENGINEERING CO. 5,200.00
WANG, JAMES 51.33
WARD, WILLIAM H. 673.48
WARNER PAINT & DECORATING CENT 932.91
WARR GRADING CONTRACTOR 17,726.00
WEAVER, ROBERT W 11.30
WHEELABRATOR ABRASIVES 42,105.00
WHEELABRATOR INTERNATIONAL 32,032.45
WHISPERWOOD APARTMENTS 3,750.00
WILLIAM A.KIBBE & ASSOCIATES 3,720.00
WILLS ENTERPRISES, INC. 13,218.59
WINGATE INN 93.48
YANCEY BROS. CO., 952.72
YELLOW CAB OF COLUMBUS INC. 22.80
-------------
$7,552,202.82
COLUMBUS FOUNDRY
CASE NO. 04-67609
AT 1/31/05
COLUMBUS FOUNDRY - BANK RECONCILIATION
Bank Balance $ --
Actual Outstanding Checks 444,885.34
Georgia Sales Tax EFT booked in February (52,034.23)
Misc Reconciling Items Adjusted in February (1,681.50)
-----------
391,169.61
Unadjusted GL Balance 391,169.61
-----------
Difference $ --
===========
COLUMBUS FOUNDRY
OUTSTANDING CHECK LIST
CASE NO. 04-67609
DATE CHECK OUTSTANDING
- ---------- ----- -----------
10/15/2004 15522 $ 308.38
10/20/2004 15599 270.84
11/2/2004 15810 200.67
12/2/2004 16428 270.84
12/7/2004 16531 1,000.00
1/7/2005 17157 214.39
1/7/2005 17158 590.00
1/7/2005 17162 20.00
1/7/2005 17164 296.00
1/14/2005 17265 4,519.20
1/14/2005 17328 300.00
1/19/2005 17358 57.20
1/19/2005 17384 4,390.00
1/19/2005 17392 8,025.00
1/19/2005 17393 302.90
1/19/2005 17394 771.01
1/19/2005 17402 9,086.00
1/21/2005 17427 6,760.00
1/21/2005 17437 270.65
1/21/2005 17438 3,940.00
1/21/2005 17452 6,302.30
1/21/2005 17453 522.34
1/21/2005 17459 1,163.14
1/21/2005 17464 900.00
1/21/2005 17465 2,334.83
1/21/2005 17467 253.08
1/21/2005 17470 450.00
1/21/2005 17471 332.52
1/21/2005 17472 512.11
1/21/2005 17473 101.00
1/21/2005 17476 579.61
1/21/2005 17477 320.00
1/21/2005 17478 740.50
1/21/2005 17479 1,027.02
1/21/2005 17481 271.00
1/21/2005 17482 765.92
1/21/2005 17483 446.25
1/21/2005 17487 166.47
1/21/2005 17488 791.08
1/21/2005 17490 236.22
1/21/2005 17491 200.00
1/21/2005 17492 93.48
1/26/2005 17502 5,684.80
1/26/2005 17505 4,464.00
1/26/2005 17506 1,196.26
1/26/2005 17509 1,611.15
1/26/2005 17511 5,235.34
1/26/2005 17512 1,405.16
1/26/2005 17515 11,607.23
COLUMBUS FOUNDRY
OUTSTANDING CHECK LIST
CASE NO. 04-67609
DATE CHECK OUTSTANDING
- --------- ----- -----------
1/26/2005 17519 993.81
1/26/2005 17521 739.00
1/26/2005 17522 1,172.80
1/26/2005 17524 42.42
1/26/2005 17525 1,098.00
1/26/2005 17526 2,296.08
1/26/2005 17527 1,450.85
1/26/2005 17529 1,955.25
1/26/2005 17530 6,001.79
1/26/2005 17532 48.42
1/26/2005 17533 2,314.49
1/26/2005 17535 510.00
1/26/2005 17537 10,487.23
1/26/2005 17538 183.22
1/26/2005 17540 2,285.27
1/26/2005 17543 3,656.22
1/26/2005 17544 28,224.00
1/28/2005 17551 1,600.00
1/28/2005 17552 501.02
1/28/2005 17553 2,764.00
1/28/2005 17554 571.71
1/28/2005 17555 3,980.40
1/28/2005 17557 61.89
1/28/2005 17558 5,770.00
1/28/2005 17559 97.33
1/28/2005 17560 310.00
1/28/2005 17561 84.42
1/28/2005 17562 9,460.00
1/28/2005 17563 1,106.40
1/28/2005 17564 908.00
1/28/2005 17565 1,079.44
1/28/2005 17568 13,620.97
1/28/2005 17569 2,579.80
1/28/2005 17570 195.00
1/28/2005 17571 5,585.00
1/28/2005 17572 1,819.78
1/28/2005 17573 9,499.87
1/28/2005 17574 3,452.06
1/28/2005 17575 1,234.40
1/28/2005 17576 2,606.52
1/28/2005 17577 2,754.82
1/28/2005 17578 1,594.00
1/28/2005 17579 1,000.12
1/28/2005 17580 208.65
1/28/2005 17581 11,588.10
1/28/2005 17582 1,174.10
1/28/2005 17583 148.09
1/28/2005 17584 425.86
1/28/2005 17585 3,855.06
1/28/2005 17586 510.00
1/28/2005 17587 53.65
1/28/2005 17588 199.00
1/28/2005 17589 598.32
1/28/2005 17590 10,647.16
1/28/2005 17591 10,346.70
COLUMBUS FOUNDRY
OUTSTANDING CHECK LIST
CASE NO. 04-67609
DATE CHECK OUTSTANDING
- --------- ----- -----------
1/28/2005 17592 5,000.00
1/28/2005 17593 42.66
1/28/2005 17594 954.00
1/28/2005 17595 450.00
1/28/2005 17596 32,731.80
1/28/2005 17597 64,269.00
1/28/2005 17598 26,000.00
1/28/2005 17599 45,000.00
1/31/2005 17731 1,681.50
444,885.34
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: JANUARY 31, 2005
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.)
Name: COLUMBUS FOUNDRY, L.P. Capacity: ___ Shareholder
Case Number: 04-67609 ___ 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 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
Dated: FEBRUARY 28, 2005 ________________________________________
PRINCIPAL, OFFICER, DIRECTOR, OR INSIDER
Form 6
Columbus Foundry, L.P.
Case Number: 04-67609
Intermet Corporation and Subsidiaries
Schedule of In-Force Insurance
INSURANCE TYPE CARRIER POLICY PERIOD
- -------------------- -------------- -----------------
Property Lloyds 11/1/04-11/1/05
Boiler/Machine Hartford 11/1/04-11/1/05
Cargo Fireman's Fund 11/1/04-11/1/05
Truck Cargo Fireman's Fund 11/1/04-11/1/05
Aviation USAIG 11/1/04-11/1/05
Fiduciary St. Paul 11/1/04-11/1/05
Primary D&O St. Paul 11/1/04-11/1/05
Excess D&O Chubb 11/1/04-11/1/05
Excess D&O Platte River 11/1/04-11/1/05
Crime AIG 12/1/04-12/1/05
General Liability ACE 12/22/04-12/22/05
Umbrella National Union 12/22/04-12/22/05
Workers' Comp ACE 12/22/04-6/22/05
Excess Workers' Comp ACE 12/22/04-12/22/05
Auto ACE 12/22/04-12/22/05
Foreign (DIC) ACE 12/22/04-12/22/05
Note: This list does not include In-Force Insurance for Foreign Subsidiaries.
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 JANUARY 31, 2005:
IN RE: )
INTERMET CORPORATION, ET AL ) CASE NO: 04-67612
) Chapter 11
) Judge: Marci B. McIvor
DIVERSIFIED DIEMAKERS, INC. )
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 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 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
is true and correct to the best of my information and belief.
Dated: FEBRUARY 28, 2005 /s/ Robert E. Belts
--------------------------------------------
Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- --------------
Title Phone
Intermet Corp. and Subsidiaries
Operating Statement
For the Month Ended 01-31-05
($000's)
CASE #04-67612
DIVERSIFIED
DIEMAKERS
----------------------------------
Current Month Total Since Filing
------------- ------------------
Net Sales $7,847 $ 28,209
Cost of Goods Sold
- ------------------
Materials and Freight 2,292 9,505
Wages - Hourly 1,459 5,198
Wages-Salary 158 579
Employee Benefits and Pension 853 3,211
Repairs & Maintenance 302 1,590
Supplies 109 447
Utilities 267 1,110
Purchased Components/Services -- --
Income(loss) from Pattern Sales 337 730
Fixed Asset - (gain/loss) -- --
MIS Expense -- --
Travel & Entertainment 3 10
Other Variable Costs 390 1,611
Depreciation & Amortization 692 2,490
Other Allocated Fixed Costs 258 1,499
Other Fixed Costs 119 521
------ --------
Cost of Goods Sold 7,239 28,501
Gross Profit 608 (292)
Plant SG&A Expense -- (7)
SG&A Expense - Allocation (Sched 1) 257 977
Other Operating Expenses -- 518
------ --------
Total Operating Expenses 257 1,488
Operating Profit 351 (1,780)
Outside Interest Income -- --
Outside Interest (Expense) -- --
Intercompany Interest Income -- --
Intercompany Interest (Expense) (152) (652)
Charges (From) Affiliates -- --
Charges To Affiliates -- --
Income/Loss From European Operations -- --
Other Income/(Expense) -- --
------ --------
Total Non-Operating Expenses (152) (652)
Income Before Income Taxes 199 (2,432)
Income Tax Expense 4 8
------ --------
Net Income $ 195 ($2,440)
====== ========
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs January
(Allocation of Corporate Costs to Filing Entities)
(000's)
January
-------
Officer Compensation $ 189
Salary Expense other Employees 1,097
Employee Benefits and Pension 145
Payroll Taxes 96
Other Taxes 5
Rent and Lease Expense 185
Interest Expense
Insurance 36
Automobile and Truck Expense 11
Utilities(Gas Electric,Phone) 32
Depreciation 73
Travel and Entertainment 58
Repairs and Maintenance 111
Advertising/Promotion 0
Supplies, Office Expense 33
OTHER:
Contributions 0
Professional Fees - Audit/Tax 131
Bank Fees 24
Public Reporting Fees 16
Employee Relocation/Training 0
Data Processing 20
Dues and Subscriptions 20
Outside Services 129
Project Development Costs net of Billings 133
Director Fees 25
Miscellaneous 5
Professional Fees - Bankruptcy (157)
Cost Allocation - Out (244)
------
$2,174
======
Allocation:
Wagner Castings 191
Northern Castings 50
Ironton Iron 0
Lynchburg Foundry 193
Columbus Foundry 313
Wagner Havana 0
Intermet U.S. Holdings 259
Cast-Matic Corp. 82
Diversified Diemakers 257
Ganton Technologies 168
Tool Products 137
Intermet Corporation 524
------
Total $2,174
======
INTERMET Corp. and Subsidiares
Balance Sheet as of 1-31-05
CASE #04-67612
--------------
DIVERSIFIED
DIEMAKERS
--------------
Cash And Equivalents $ 23
Accounts Receivable 12,195
Short-Term Intercompany Receivables 0
Inventories 11,897
Other Current Assets 1,278
--------
TOTAL CURRENT ASSETS 25,393
Land and Buildings 16,395
Machinery & Equipment 59,070
Construction In Progress 1,000
--------
Total Fixed Assets 76,465
Accumulated Depreciation (41,860)
--------
NET FIXED ASSETS 34,605
Investment In Subsidiaries 0
Investment In European Operations 0
Long-Term Intercompany Receivables 41,669
Deferred Taxes, Long-Term Asset 0
Other Assets 0
--------
TOTAL ASSETS $101,667
========
LIABILITIES AND SHAREHOLDER EQUITY
POST PETITION LIABILITIES
Accounts Payable $ 718
Wages and Salaries (See schedule) 242
Taxes Payable - (See schedule) 655
--------
TOTAL POST PETITION LIABILITIES 1,615
SECURED LIABILITIES:
SECURED 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. 985
Accrued Payroll 0
Accrued Payroll Taxes 0
--------
TOTAL TAXES AND OTHER PRIORITY LIABILITIES 985
UNSECURED LIABILITIES
Accounts Payable 6,509
Senior & IDR Bonds 0
--------
TOTAL UNSECURED LIABILITIES 6,509
OTHER LIABILITIES
Accrued Liabilities 3,840
Short-Term Intercompany Payables 0
Capital Leases 0
Retirement Benefits 1,091
Deferred Taxes - Long-Term Liability 0
Other Long-Term Liabilities 1,262
Long-Term Intercompany Payables 0
Minority Interest 0
--------
TOTAL LIABILITIES 15,302
Common Stock 0
Capital In Excess Of Par Value 110,000
Retained Earnings - Prepetition (21,195)
Retained Earnings - Post Petition (2,440)
Equity In European Operations
Accumulated Translation Adjustment 0
Minimum Pension Liability Adjustment 0
Unearned Restricted Stock 0
--------
TOTAL SHAREHOLDER EQUITY 86,365
--------
TOTAL LIABILITIES AND EQUITY $101,667
========
PERIOD ENDED: 1-31-05 DIVERSIFIED DIEMAKERS, INC. CASE #04-67612
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
12/31/2004 Withheld Deposits 1/31/2005
---------- ----------- ---------- ---------
Income tax withheld: Federal ($6,065) ($201,133) $ 157,138 ($50,059)
Income tax withheld: State (1,884) (63,407) 49,486 (15,805)
Income tax withheld: Local 0 0 0 0
FICA Withheld (4,822) (161,209) 126,779 (39,252)
Employers FICA (4,822) (163,084) 128,654 (39,252)
Unemployment Tax: Federal (47) (15,470) 12,140 (3,378)
Unemployment Tax: State (190) (61,880) 48,558 (13,511)
All Other Payroll W/H (9,966) (212,280) 159,694 (62,552)
State Taxes: Inc./Sales/Use/Excise 1,228 (16,601) 12,955 (2,418)
Property Taxes 0 (38,289) 0 (38,289)
Workers Compensation (247,323) 0 (143,345) (390,668)
--------- ----------- ---------- ---------
Total ($273,892) ($933,351) $ 552,060 ($655,183)
Wages and Salaries (31,202) (1,522,425) 1,311,979 (241,647)
--------- ----------- ---------- ---------
Grand Total ($305,093) ($2,455,776) $1,864,039 ($896,831)
========= =========== ========== =========
Aging of Accounts Receivable
and Post Petition Accounts Payable
Age in Days (Post Petiition) Total 0-30 Days 30-60 Days Over 60 Days
- ---------------------------- ----------- ----------- ---------- ------------
Accounts Payable $ 718,066 $ 703,943 $ 14,123 $ 0
Accounts Receivable $13,900,205 $10,585,519 $727,540 $2,587,146
INTERMET CORPORATION AND SUBSIDIARIES PERIOD ENDED 1/31/2005
MONTHLY CASH STATEMENT
CASH ACTIVITY ANALYSIS:
CASE # 04-67612
DIVERSIFIED DIE MAKERS (MONROE)
---------------------------------------------------------------
ACCOUNT TYPE LOCKBOX 672976 DEPOSIT AP CHECKING
ACCOUNT # 1851811313 3473589977 2176982854 5045182027
BANK Comerica Bank of America Comerica Bank of America
- ------------------------------------------- -------------- --------------- ---------- ---------------
BEGINNING BANK BALANCE -- 6,599 -- 21,526
RECEIPTS 5,815,173 366,646 -- --
TRANSFERS IN (CORPORATE) -- -- 1,726,710 --
DIP INFLOW -- -- -- --
DISBURSEMENTS -- (932) (1,726,710) --
TRANSFERS OUT (CORPORATE) (5,815,173) (372,313) -- --
DIP REPAYMENT -- -- -- --
---------- -------- ---------- ------
ENDING BANK BALANCE -- (0) -- 21,526
CASE # 04-67612
DIVERSIFIED DIE MAKERS (MONROE)
-------------------------------------------------------
ACCOUNT TYPE CHECKING PR BENEFITS
ACCOUNT # 5970758593 2176983043 688486 - Inactive
BANK UMB Bank Comerica Bank One TOTAL
- ------------------------------------------- ---------- ---------- ----------------- ---------
BEGINNING BANK BALANCE 1,045 -- -- 29,170
RECEIPTS -- 6,000 -- --
TRANSFERS IN (CORPORATE) -- 898,294 -- --
DIP INFLOW -- -- -- --
DISBURSEMENTS (1,012) (904,294) -- --
TRANSFERS OUT (CORPORATE) -- -- -- --
DIP REPAYMENT -- -- -- --
------ -------- --- ---------
ENDING BANK BALANCE 32 -- -- 29,170
750,475 3,821,348
WIRES PAID FOR BY CORPORATE 3,070,873
CHECKS ISSUED 1,244,611
----------
TOTAL DISBURSEMENTS (SEE TOTAL
DISBURSEMENTS RECONCILIATION) $4,315,484
==========
OUTSTANDING CHECKS AS OF DECEMBER 31 767,024
VOIDED CHECKS OUTSTANDING AS OF DECEMBER 31 (13,953)
Checks Issued in January 1,244,611
Check Cleared in January (1,726,710)
----------
OUTSTANDING CHECKS AS OF JANUARY 31
(SEE OUTSTANDING CHECKLIST) $ 270,973
==========
DIVERSIFIED DIEMAKERS, INC. CASE NO. 04-67612
CASH DISBURSEMENTS
JANUARY 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
A & S PRINTING SERVICE $ 11,608.02
A. RAYMOND INC 1,217.12
ABBOTT SUPPLY LLC 487.03
ABEL OIL CO 541.00
ACCUTHERM INC. 1,730.30
ACHESON COLLOIDS COMPANY 5,105.71
ADECCO EMPLOYMENT SERVICES 32,503.01
ADRIAN SAUNDERS 30.00
ADVANCE PRODUCTS CORP. 122.66
AFASSCO 4,208.88
AKH, INC. 14,284.80
ALBERT MILES 24.00
ALRO MASCO ST. LOUIS 938.56
ALTORFER MACHINERY COMPANY 539.15
AMACOR 254,925.00
AMERICAN METAL CHEMICAL CORP 297.00
AMI PIPE AND SUPPLY CO. 531.30
ANIXTER, INC. 173.40
API HEAT TRANSFER, INC 131.39
AROBOTECH SYSTEMS INC 746.66
ARTHUR J McCUNE 145.11
ASHBY CROSS COMPANY, INC 1,750.00
AT&T 266.11
ATMOS ENERGY 6,157.78
AWERKAMP MACHINE CO. 9,311.19
B.C. MacDONALD & COMPANY 1,964.56
BALZERS TOOL COATING INC. 252.97
BANK OF AMERICA 4,124.31
BANNER MACHINE TOOL&SUPPLY CO 39.95
BDC, INC. 1,847.81
BDI INDUSTRIAL SUPPLIES 161.40
BFI QUINCY 2,220.69
BIJUR LUBRICATING CORPORATION 305.55
BLEIGH READY MIX CO. 921.49
BOB GEIST 498.51
BODLE DIAMOND INDUSTRIES 44.00
BONE FRONTIER 385.59
BRAHLER'S TRUCKERS SUPPLY INC 551.66
BRENT DUDGEON (employee) 834.12
BUCKMAN'S CONVENIENCE STORE 1,671.02
BURST MACHINERY COMPANY 255.73
C&R MARKET - MONROE CITY 25.96
C&R MARKET - PALMYRA 116.31
CALIFORNIA INDUSTRIAL PRODUCTS 16,343.56
CAMCAR TEXTRON 4,743.20
CANFIELD & JOSEPH, INC. 1,724.00
CAPE ELECTRICAL SUPPLY, INC. 4,503.07
CARLTON-BATES COMPANY 134.24
CAROLE L. WILLIAMS 245.43
DIVERSIFIED DIEMAKERS, INC. CASE NO. 04-67612
CASH DISBURSEMENTS
JANUARY 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
CAROLYN A. GRAINGER 750.00
CASTING EQUIPMENT & SUPPLY 1,342.34
CCX 151.25
CENTERLINE (WINDSOR) LTD 431.09
CENTRAL WELDING SUPPLIES, INC. 33,207.17
CENTURYTEL 3,205.40
CENTURYTEL OF SOUTHWEST MO 21.63
CERTANIUM ALLOYS 367.27
CHARLES KING 103.50
CHARLIE SMOOT (employee) 63.75
CHEM-TREND INCORPORATED 13,023.73
CHINN ENTERPRISES, LLC 24,892.00
CHRISTY REFRACTORIES COMPANY 1,359.10
CINDY BECK 96.00
CITY OF MONROE CITY 251,736.82
CITY OF SHELBINA 978.08
CLEAN WATER SOLUTIONS 1,815.17
CMS COMMUNICATIONS, INC. 701.26
COLE-PARMER INSTRUMENT COMPANY 57.00
COMETALS 135,000.00
CONCEPT PACKAGING GROUP 370.00
CONSOLIDATED PRODUCTS 58.56
CONTAINER DISTRIBUTERS INC 6,078.20
CONTROL-AIR, INC. 1,433.35
COX INDUSTRIAL EQUIP 327.07
CRESCENT ELECTRIC SUPPLY CO 1,285.71
CREST PRODUCTS INC 8,548.00
CROWN LINEN SERVICE, INC. 2,133.31
CULLIGAN 656.16
DAN FOSTER (employee) 200.29
DANA CORPORATION 270,232.64
DAVID WHITE 264.39
DAVIS TOOL & DIE 84,509.00
DEAD SEA MAGNESIUM LTD 771,878.26
DEWAYNE WILLIAMS 75.00
DIAGRIND INC. 102.00
DISA GOFF, INC. 598.94
DISCOUNT BATTERY SALES 279.93
D-M-E 1,618.03
DOMINO AMJET INC 169.14
DON HAYS (employee) 465.36
DOROTHY RITTER 31.64
DWYER INSTRUMENTS, INC. 202.33
EASTERN ALLOYS 269,366.21
EEO CONSULTING 3,520.00
E-JAY THERMO PRODUCTS, INC. 478.10
ELECTRICAL SOUTH LP 1,861.56
ELECTROCHEM, INC. OF MO 3,458.25
EMED COMPANY, INC. 25.67
ENGINEERED FINISING CORP 360.80
DIVERSIFIED DIEMAKERS, INC. CASE NO. 04-67612
CASH DISBURSEMENTS
JANUARY 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
ENGINEERED LUBRICANTS CO. 16,593.93
ENGINEERED PRODUCTS 1,976.74
ENGINEERED SALES 490.30
FANUC, USA CORP 1,854.35
FASTENAL COMPANY 3,667.42
FedEx 668.01
FLO-PRODUCTS COMPANY 263.59
FRANK FLORI EQUIPMENT CO. 845.11
FRECH USA INC. 28.57
FRED KESPOHL 75.00
FRENCH GERLEMAN ELECTRIC CO. 13,773.63
FREUDENBERG - NOK 5,074.00
G&H DIVERSIFIED MFG, L.P. 10,536.00
G.S. ROBINS AND COMPANY 1,926.83
GARFIELD ALLOYS, INC. 7,920.00
GARY S HAYS 75.00
GARY YAGER 664.41
GASKET & SEAL FABRIC. INC. 99.80
GATEWAY METALS INC. 9,903.58
GATEWAY PHARMACY 57.80
GDC, INC. 3,094.80
GE CAPITAL 4,109.98
GEO. C. POTTERFIELD TRUCKING 300.00
GETZ FIRE EQUIPMENT CO. 194.90
GRAINGER 10,785.35
H.R. DIRECT 313.57
HANNIBAL BOARD OF PUBLIC WORKS 32,407.96
HANNIBAL COURIER-POST 285.00
HANNIBAL REGIONAL HOSPITAL 100.00
HAROLD BAKER SR. 75.00
HEINTZ ELECTRIC COMPANY 2,042.65
HELCO PRECISION TOOLS & GAGES 32.16
HILLYARD FLOOR CARE SUPPLY 4,023.23
HTE TECHNOLOGIES 3,817.79
iCONNECT 204.40
IDG USA, LLC 16,071.47
IDRAPRINCE, INC. 1,993.12
ILLINI ENVIRONMENTAL INC. 12,000.00
INDUSTRIAL FINISHING SERVICES 20,066.93
INDUSTRIAL INNOVATIO 123.15
INDUSTRIAL PROCESS EQUIP GROUP 1,635.41
INDUSTRIAL STRAINER COMPANY 2,317.87
INSIGHT/HARDDRIVES INT'L. 939.55
INSPEC, INC 36.00
INT'L SURFACE PREPARTION CORP 4,400.00
IOSSO METAL PROCESSES 650.00
IOWA MACHINERY & SUPPLY 1,543.00
ISA, INC 1,128.54
JACK THORNBURG (employee) 24.75
JACKSON BROS-HEARTLAND 2,412.71
DIVERSIFIED DIEMAKERS, INC. CASE NO. 04-67612
CASH DISBURSEMENTS
JANUARY 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
JEFF SPALDING (employee) 305.84
JENZANO, INC. 507.72
JOE GASS (employee) 15.00
JOE KENDRICK 75.00
JOHN HENRY FOSTER CO. 905.65
JOHN LONG 61.70
JOST MACHINERY COMPANY 1,075.97
KAREN KAESON 72.00
KELM ACUBAR COMPANY 26,256.00
KENNY'S SERVICE CENTER 29.04
KENTUCKY STATE TREASURER 115.85
KEVIN BICHSEL (employee) 37.75
KEVIN PETERS (employee) 48.38
KEY PRODUCTS, INC. 28,375.00
KEYENCE CORP OF AMERICA 2,303.00
KEYSTONE POWDERED METAL 75,780.00
KHMO AM 1070 21.00
KICK-FM BICK BROADCASTING 21.00
KOMAR SCREW CORP. 941.22
KONIECZNY TOOL & DIE 83,310.00
L.N. BROSS 2,415.98
LAIRD TECHNOLOGIES 1,764.54
LARRY PARRISH 75.00
LUBY EQUIPMENT SERVICES 1,021.40
MALCOM CO 1,611.75
MANPOWER 10,391.73
MANPOWER OF LANSING 1,171.10
MARILYN RALIEGH 156.55
MARK ADAMS 160.97
MARK TWAIN SUPPLY CO. 5,496.25
MARK UTTERBACK (employee) 31.31
MARLIN REAGAN (employee) 28.50
MARLON BUSINESS FORMS 317.37
MARTIN'S TRUE VALUE HARDWARE 1,336.40
MARVEL ENGINEERING COMPANY 157.11
MARY PUROL (emplooyee) 150.00
MC MACHINERY SYSTEMS, INC. 495.40
McCLINTIC COMMUNICATION 75.00
MCMASTER-CARR SUPPLY COMPANY 1,189.39
MEHRA TUBE INC 3,660.00
MENNE TOOL & DIE 5,160.00
MERRICK MACHINERY CO. 562.28
MFA OIL CO. 3,531.22
MICROTEK 1,600.00
MIDLAND INDUSTRIES, INC. 64,105.75
MIDWEST INSTRUMENT CO. 95.93
MIKE GOODWIN 141.07
MINIATURE PRECISION COMPONENTS 1,547.10
MISSOURI DEPARTMENT OF REVENUE 9,639.81
MO. DEPT. OF TRANSPORTATION 348.30
DIVERSIFIED DIEMAKERS, INC. CASE NO. 04-67612
CASH DISBURSEMENTS
JANUARY 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
MOHLER MATERIAL HANDLING, I 615.00
MONROE AUTO PARTS 1,682.95
MONROE CITY SHELTER WORK SHOP 19,633.35
MONROE TIRE & BATTERY 789.32
MOTION INDUSTRIES, INC 6,310.59
MOYERS SERVICE CENTER & 439.45
MSC INDUSTRIAL SUPPLY CO. 2,909.67
MUNROE MATERIAL HANDLING 484.70
MVI, INC. 820.57
NALCO COMPANY 3,775.47
NATIONAL FILTER MEDIA CORP. 334.00
NATIONAL TOOL AND MFG. CO. 95.08
NEFF POWER INC. 2,234.86
NEWARK INONE 949.26
NORSK HYDRO CANADA INC 256,435.41
O.K. FASTENERS INC 2,276.42
ONEOK ENERGY MARKETING COMPANY 65,902.62
PALMYRA BOARD OF PUBLIC WORKS 50,871.86
PAULO PRODUCTS CO. 234.50
PDC LABORATORIES, IN 345.00
PERRY MACHINE AND DIE INC. 65,665.04
PETE PARIS CHEVROLET, INC. 88.36
PHIL DINWIDDIE 75.00
PIONEER INDUSTRIAL CORPORATION 176.28
PRECISION TOOL COMPANY 425.59
PRODUCTIVE TOOL PRODUCTS, INC. 3,389.34
PROFORMA 838.20
PRUDENTIAL INSURANCE 12,813.61
PSYCHEMEDICS CORPORATION 2,033.50
PURCHASE PARTNERS 3,672.00
QSR GROUP, INC. 1,166.67
QST, INC. 1,500.00
QUINCY FREIGHTLINER, INC. 650.00
QUINCY INDUSTRIAL PAINTING 640.00
QWEST COMMUNICATIONS 2,422.94
R & I MANUFACTURING 496.27
R.L. HOENER COMPANY 33.86
R.L. WEISHEIMER & ASSOC. 470.44
RADCO INDUSTRIES 2,468.50
RADLEY CORPORATION 2,625.00
RANDY PARN (employee) 173.80
RAY McCURDY 17.25
RAYMOND J. QUINLAND - LANDLORD 3,500.00
REIS ENVIRONMENTAL 756.59
RELIABLE TERMITE & PEST CTRL. 1,741.60
REN POTTERFIELD TRUCKING, INC. 100.00
RES MANUFACTURING COMPANY 17,882.00
RIA GROUP 68.86
RICHARD GREENE CO. 1,258.49
RICHARDS ELECTRIC MOTOR CO. 1,265.16
DIVERSIFIED DIEMAKERS, INC. CASE NO. 04-67612
CASH DISBURSEMENTS
JANUARY 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
RIMROCK 1,456.32
ROBEY BUILDING SUPPLY, INC. 149.77
ROBOHAND, INC 541.84
ROCHESTER TOOL & CUTTER 853.25
ROGER LIPP 26.88
RON BURDITT 116.20
RONNIE BERRY (employee) 45.00
ROTOLITE OF ST.LOUIS INC 98.38
RUDOLPH BROS & CO 4,040.73
RUSTIC OAK CABIN RESTAURANT 5,859.21
SAFETY-KLEEN SYSTEMS 715.58
SBC 90.07
SCHILLER'S 171.75
SCOTT SPECIAL TOOLS, INC. 2,597.33
SCOTT WILLIAMS (employee) 625.43
SEALCRAFT, INC. 1,470.00
SEARS COMMERCIAL ONE 89.66
SHAMROCK FIRE EXTINGUISHER SVC 1,009.98
SHANNAHAN CRANE & HOIST, INC. 475.61
SHARP BROS. INC 1,150.00
SHELLEY BUCKMAN (employee) 30.00
SHERYL HAYS (employee) 183.12
SHOT-END SUPPLY, INC. 1,059.00
SLIDEMATIC PRODUCTS COMPANY 3,770.71
SLOAN INDUSTRIES INC 2,565.00
SOUTHWESTERN BELL 1,254.95
SPAN AMERICA, INC. 1,235.11
SPAN de MEXICO 350.00
SPARTAN LIGHT METAL 3,291.90
SPECTRA COMMUNICATIONS GROUP 343.63
SPECTRO ALLOYS CORP 178,677.50
SPHERION CORPORATION 1,076.00
SPINCRAFT 969.31
SRI 953.07
ST LOUIS HEARING & SPEECH (STILSON 3,930.00
ST. LOUIS TESTING LAB, INC. 1,025.00
STAFFMARK 209.90
STERLING COMMERCE-NETWORK 315.81
STERLING, INC. 1,166.99
STEWART REFRIGERATION 96.85
STILSON PRODUCTS L.L.C. 106.09
STURGIS AUTOMATION, INC. 395.20
SUNNEN PRODUCTS COMPANY 2,130.11
SUNSOURCE 222.08
TARGET ELECTRONIC SU 385.35
TAYLOR IND SERVICES HPM DIV. 74.81
TECHMIRE USA 1,011.00
TEMTRON, INC. 99.67
TENNANT 158.14
THE LAKE GAZETTE 85.00
DIVERSIFIED DIEMAKERS, INC. CASE NO. 04-67612
CASH DISBURSEMENTS
JANUARY 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
THE SU-DAN COMPANY 1,434.41
THE WALLSTREET JOURNAL 224.08
THOMAS L PANGBORN CONSTRUCTION 4,487.50
THREE BOND INTERNATIONAL INC. 10,504.00
TIC-MS, INC. 5,658.00
TINNERMAN PALNUT ENGINEERED 8,571.01
TOM DEITZMAN (employee) 45.00
TOOLING ASSOCIATES 861.08
TOYOTA TSUSHO AMERICA INC 30,979.40
TPS INTERNATIONAL INC. 706.84
TRANSMAN LOGISTICS 58,875.22
TROY CONRAD 29.87
TRUTH HARDWARE 4,095.00
U.S. CELLULAR 1,373.65
U.S. MAGNESIUM, LLC 497,953.33
U.S. POSTAL SERVICE 1,200.00
UNISOURCE WORLDWIDE INC. 46,107.61
UNIVERSITY OF MO-COL 3,000.00
VAC-U-MAX 357.68
VICTORY PACKAGING 15,062.25
VISI-TRAK WORLDWIDE, LLC 432.31
VONTHUN POWERWASHING 4,050.00
WANDA BUNGER 34.00
WESTHOFF 38.59
WIESE PLANNING & ENGINEERING 6,724.34
WINK'S LAWN SERVICE 2,711.00
WISE EL SANTO CO., INC. 1,760.69
-------------
$4,315,484.04
DIVERSIFIED DIEMAKERS, INC.
CASE NO. 04-67612
AT 1/31/05
MONROE - BANK RECONCILIATION
Bank Balance $ --
Actual Outstanding AP Checks 270,972.78
Actual Outstanding Payroll Checks 233,897.04
----------
Total Outstanding Checks 504,869.82
Unadjusted GL Balance 504,869.82
-----------
Difference $ --
===========
DIVERSIFIED DIEMAKERS, INC.
CASE NO. 04-67612
MONROE
OUTSTANDING CHECKS
CASE NO. 04-67612
DATE CHECK OUTSTANDING
---- ----- -----------
10/5/2004 337183 $ 45.00
11/5/2004 337674 35.76
11/5/2004 337705 5.00
11/11/2004 337789 158.49
11/16/2004 337916 341.24
11/17/2004 337930 454.88
12/29/2004 338726 821.25
12/29/2004 338768 2,310.00
12/29/2004 338823 2,000.00
12/29/2004 338865 8,050.00
1/6/2005 338925 33.57
1/12/2005 338971 3,085.50
1/14/2005 339057 1,500.00
1/14/2005 339064 4,040.73
1/21/2005 339116 3,070.37
1/21/2005 339119 252.97
1/21/2005 339123 161.40
1/21/2005 339126 551.66
1/21/2005 339133 245.43
1/21/2005 339149 75.00
1/21/2005 339158 317.07
1/21/2005 339159 3,520.00
1/21/2005 339161 1,175.10
1/21/2005 339177 650.00
1/21/2005 339179 2,412.71
1/21/2005 339185 37.75
1/21/2005 339186 12.75
1/21/2005 339190 1,011.95
1/21/2005 339195 157.11
1/21/2005 339198 141.07
1/21/2005 339203 1,388.19
1/21/2005 339204 117.55
1/21/2005 339209 2,828.54
1/21/2005 339221 1,009.98
1/21/2005 339223 30.00
1/21/2005 339227 96.85
1/21/2005 339228 106.09
1/21/2005 339234 575.06
1/24/2005 339242 1,701.84
1/24/2005 339243 1,505.00
1/24/2005 339245 104.92
1/24/2005 339246 167.33
1/24/2005 339247 55.04
1/24/2005 339248 176.28
1/25/2005 339254 90.93
1/26/2005 339261 476.41
1/26/2005 339263 3,538.25
1/27/2005 339264 1,602.30
1/27/2005 339265 2,654.58
1/27/2005 339266 1,260.00
1/28/2005 339271 38,040.00
DIVERSIFIED DIEMAKERS, INC.
CASE NO. 04-67612
MONROE
OUTSTANDING CHECKS
CASE NO. 04-67612
DATE CHECK OUTSTANDING
---- ----- -----------
1/28/2005 339272 25,442.48
1/28/2005 339273 1,730.30
1/28/2005 339274 7,504.39
1/28/2005 339276 297.00
1/28/2005 339277 1,750.00
1/28/2005 339278 4.79
1/28/2005 339279 3,087.41
1/28/2005 339280 57.01
1/28/2005 339281 333.06
1/28/2005 339282 44.00
1/28/2005 339283 350.24
1/28/2005 339284 98.25
1/28/2005 339285 862.00
1/28/2005 339286 98.67
1/28/2005 339287 510.00
1/28/2005 339288 1,342.34
1/28/2005 339289 7,511.09
1/28/2005 339290 29.01
1/28/2005 339291 21.63
1/28/2005 339292 30.00
1/28/2005 339295 58.56
1/28/2005 339296 268.38
1/28/2005 339297 1,285.71
1/28/2005 339298 4,274.00
1/28/2005 339299 274.73
1/28/2005 339300 154.23
1/28/2005 339301 93.75
1/28/2005 339302 1,270.00
1/28/2005 339304 1,861.56
1/28/2005 339305 3,458.25
1/28/2005 339306 1,976.74
1/28/2005 339307 429.75
1/28/2005 339308 2,492.32
1/28/2005 339309 5,149.84
1/28/2005 339310 7,920.00
1/28/2005 339312 415.46
1/28/2005 339314 300.00
1/28/2005 339315 194.90
1/28/2005 339316 3,985.64
1/28/2005 339317 285.00
1/28/2005 339318 50.00
1/28/2005 339319 75.00
1/28/2005 339320 1,063.21
1/28/2005 339321 32.16
1/28/2005 339322 2,618.96
1/28/2005 339323 4,895.85
1/28/2005 339324 1,635.41
1/28/2005 339325 776.22
1/28/2005 339326 881.74
1/28/2005 339327 1,128.54
1/28/2005 339328 168.34
DIVERSIFIED DIEMAKERS, INC.
CASE NO. 04-67612
MONROE
OUTSTANDING CHECKS
CASE NO. 04-67612
DATE CHECK OUTSTANDING
---- ----- -----------
1/28/2005 339329 75.00
1/28/2005 339330 21.00
1/28/2005 339331 21.00
1/28/2005 339332 941.22
1/28/2005 339333 75.00
1/28/2005 339334 88.31
1/28/2005 339335 2,040.19
1/28/2005 339336 1,171.10
1/28/2005 339337 974.40
1/28/2005 339339 609.73
1/28/2005 339341 1,600.00
1/28/2005 339343 69.50
1/28/2005 339344 9,497.65
1/28/2005 339345 72.66
1/28/2005 339346 129.75
1/28/2005 339347 237.06
1/28/2005 339349 865.87
1/28/2005 339351 484.70
1/28/2005 339352 67.95
1/28/2005 339353 75.00
1/28/2005 339354 334.00
1/28/2005 339355 415.64
1/28/2005 339356 234.50
1/28/2005 339357 425.59
1/28/2005 339358 560.80
1/28/2005 339359 2,033.50
1/28/2005 339360 1,166.67
1/28/2005 339361 650.00
1/28/2005 339362 33.86
1/28/2005 339363 470.44
1/28/2005 339364 2,468.50
1/28/2005 339365 2,625.00
1/28/2005 339367 3,500.00
1/28/2005 339368 68.86
1/28/2005 339369 43.53
1/28/2005 339370 215.42
1/28/2005 339371 64.74
1/28/2005 339372 853.25
1/28/2005 339373 45.00
1/28/2005 339374 715.58
1/28/2005 339375 58.01
1/28/2005 339376 911.66
1/28/2005 339378 1,470.00
1/28/2005 339379 89.66
1/28/2005 339380 217.94
1/28/2005 339381 1,059.00
1/28/2005 339382 1,254.95
1/28/2005 339383 608.09
1/28/2005 339384 350.00
1/28/2005 339385 343.63
1/28/2005 339386 430.40
DIVERSIFIED DIEMAKERS, INC.
CASE NO. 04-67612
MONROE
OUTSTANDING CHECKS
CASE NO. 04-67612
DATE CHECK OUTSTANDING
- --------- ------ -----------
1/28/2005 339387 722.18
1/28/2005 339388 1,025.00
1/28/2005 339389 209.90
1/28/2005 339390 315.81
1/28/2005 339391 3.74
1/28/2005 339392 424.00
1/28/2005 339393 85.00
1/28/2005 339394 45.00
1/28/2005 339395 802.43
1/28/2005 339396 1,373.65
1/28/2005 339397 1,200.00
1/28/2005 339398 3,000.00
1/28/2005 339399 32.88
1/28/2005 339400 1,600.00
1/28/2005 339401 5,912.47
1/28/2005 339402 599.48
1/28/2005 339403 134.24
1/28/2005 339404 541.00
1/28/2005 339405 271.06
1/28/2005 339406 261.92
1/28/2005 339407 142.67
1/28/2005 339408 441.36
1/28/2005 339409 211.37
1/28/2005 339410 57.80
1/31/2005 339411 2,000.00
1/31/2005 339412 9,547.69
1/31/2005 339413 2,400.00
$270,972.78
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: JANUARY 31, 2005
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.)
Name: DIVERSIFIED DIEMAKERS, INC. Capacity: ___ Shareholder
Case Number: 04-67612 ___ 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 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
Dated: FEBRUARY 28, 2005 ________________________________________
PRINCIPAL, OFFICER, DIRECTOR, OR INSIDER
Form 6
Diversified Diemakers, Inc.
Case Number: 04-67612
Intermet Corporation and Subsidiaries
Schedule of In-Force Insurance
INSURANCE TYPE CARRIER POLICY PERIOD
- -------------------- -------------- ---------------
Property Lloyds 11/1/04-11/1/05
Boiler/Machine Hartford 11/1/04-11/1/05
Cargo Fireman's Fund 11/1/04-11/1/05
Truck Cargo Fireman's Fund 11/1/04-11/1/05
Aviation USAIG 11/1/04-11/1/05
Fiduciary St. Paul 11/1/04-11/1/05
Primary D&O St. Paul 11/1/04-11/1/05
Excess D&O Chubb 11/1/04-11/1/05
Excess D&O Platte River 11/1/04-11/1/05
Crime AIG 12/1/04-12/1/05
General Liability ACE 12/22/04-12/22/05
Umbrella National Union 12/22/04-12/22/05
Workers' Comp ACE 12/22/04-6/22/05
Excess Workers' Comp ACE 12/22/04-12/22/05
Auto ACE 12/22/04-12/22/05
Foreign (DIC) ACE 12/22/04-12/22/05
Note: This list does not include In-Force Insurance for Foreign Subsidiaries.
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 JANUARY 31, 2005:
IN RE: )
INTERMET CORPORATION, ET AL ) CASE NO: 04-67600
) Chapter 11
) Judge: Marci B. McIvor
GANTON TECHNOLOGIES, INC. )
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 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 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
is true and correct to the best of my information and belief.
Dated: FEBRUARY 28, 2005 /s/ Robert E. Belts
-------------------------------------------
Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- ------------------
Title Phone
Intermet Corp. and Subsidiaries
Operating Statement
For the Month Ended 01-31-05
($000's)
CASE #04-67600
GANTON
TECHNOLOGIES
-----------------------------------------
Current Month Total Since Filing
------------- ------------------
Net Sales $ 8,226 $ 27,591
Cost of Goods Sold
Materials and Freight 2,023 6,955
Wages - Hourly 1,643 6,298
Wages-Salary 512 2,304
Employee Benefits and Pension 1,516 4,831
Repairs & Maintenance 59 466
Supplies 276 1,434
Utilities 405 1,503
Purchased Components/Services 981 3,505
Income(loss) from Pattern Sales 217 (471)
Fixed Asset - (gain/loss) -- --
MIS Expense 8 34
Travel & Entertainment 11 50
Other Variable Costs 52 587
Depreciation & Amortization 473 1,044
Other Allocated Fixed Costs -- --
Other Fixed Costs 235 822
-------- --------
Cost of Goods Sold 8,411 29,362
Gross Profit (185) (1,771)
Plant SG&A Expense 23 88
SG&A Expense - Allocation (Sched 1) 168 636
Other Operating Expenses 5 10,449
-------- --------
Total Operating Expenses 196 11,173
Operating Profit (381) (12,944)
Outside Interest Income -- --
Outside Interest (Expense) -- --
Intercompany Interest Income -- --
Intercompany Interest (Expense) (43) (279)
Charges (From) Affiliates -- --
Charges To Affiliates -- --
Income/Loss From European Operations -- --
Other Income/(Expense) -- --
-------- --------
Total Non-Operating Expenses (43) (279)
Income Before Income Taxes (424) (13,223)
Income Tax Expense 13 47
-------- --------
Net Income ($ 437) ($13,270)
======== ========
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs January
(Allocation of Corporate Costs to Filing Entities)
(000's)
January
---------
Officer Compensation $ 189
Salary Expense other Employees 1,097
Employee Benefits and Pension 145
Payroll Taxes 96
Other Taxes 5
Rent and Lease Expense 185
Interest Expense
Insurance 36
Automobile and Truck Expense 11
Utilities(Gas Electric, Phone) 32
Depreciation 73
Travel and Entertainment 58
Repairs and Maintenance 111
Advertising/Promotion 0
Supplies, Office Expense 33
OTHER:
Contributions 0
Professional Fees - Audit/Tax 131
Bank Fees 24
Public Reporting Fees 16
Employee Relocation/Training 0
Data Processing 20
Dues and Subscriptions 20
Outside Services 129
Project Development Costs net of Billings 133
Director Fees 25
Miscellaneous 5
Professional Fees - Bankruptcy (157)
Cost Allocation - Out (244)
--------
$ 2,174
========
Allocation:
Wagner Castings 191
Northern Castings 50
Ironton Iron 0
Lynchburg Foundry 193
Columbus Foundry 313
Wagner Havana 0
Intermet U.S. Holdings 259
Cast-Matic Corp. 82
Diversified Diemakers 257
Ganton Technologies 168
Tool Products 137
Intermet Corporation 524
--------
Total $ 2,174
========
INTERMET Corp. and Subsidiaries
Balance Sheet as of 1-31-05
CASE #04-67612
-----------------
GANTON
TECHNOLOGIES
-----------------
Cash And Equivalents $ 197
Accounts Receivable 12,669
Short-Term Intercompany Receivables 25
Inventories 4,913
Other Current Assets 947
-----------------
TOTAL CURRENT ASSETS 18,751
Land and Buildings 12,390
Machinery & Equipment 41,813
Construction In Progress 841
-----------------
Total Fixed Assets 55,044
Accumulated Depreciation (34,716)
-----------------
NET FIXED ASSETS 20,328
Investment In Subsidiaries 0
Investment In European Operations 0
Long-Term Intercompany Receivables 5,575
Deferred Taxes, Long-Term Asset 0
Other Assets 46
-----------------
TOTAL ASSETS $44,700
=================
LIABILITIES AND SHAREHOLDER EQUITY
POST PETITION LIABILITIES
Accounts Payable $ 1,722
Wages and Salaries (See schedule) 501
Taxes Payable - (See schedule) 658
-----------------
TOTAL POST PETITION LIABILITIES 2,881
SECURED LIABILITIES:
SECURED BANK DEBT 0
PRE-PETITION LIABILITIES:
Taxes and Other Priority Liabilities:
Accrued Income Taxes 0
Accrued Tax - State 7
Accrued Property Taxes 0
Accrued Workers Comp. 1,148
Accrued Payroll 0
Accrued Payroll Taxes 0
-----------------
TOTAL TAXES AND OTHER PRIORITY LIABILITIES 1,155
UNSECURED LIABILITIES
Accounts Payable 9,730
Senior & IDR Bonds 0
-----------------
TOTAL UNSECURED LIABILITIES 9,730
OTHER LIABILITIES
Accrued Liabilities 4,400
Short-Term Intercompany Payables 259
Capital Leases 0
Retirement Benefits 1,349
Deferred Taxes - Long-Term Liability 0
Other Long-Term Liabilities 0
Long-Term Intercompany Payables 2,775
Minority Interest 0
-----------------
TOTAL LIABILITIES 22,549
Common Stock 0
Capital In Excess Of Par Value 160,000
Retained Earnings - Prepetition (124,579)
Retained Earnings - Post Petition (13,270)
Equity In European Operations
Accumulated Translation Adjustment 0
Minimum Pension Liability Adjustment 0
Unearned Restricted Stock 0
-----------------
TOTAL SHAREHOLDER EQUITY 22,151
-----------------
TOTAL LIABILITIES AND EQUITY $44,700
=================
PERIOD ENDED: 1-31-05 GANTON TECHNOLOGIES (PULASKI) CASE #04-67600
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
12/31/2004 Withheld Deposits 1/31/2005
--------------------------------------------------------------------------------------
Income tax withheld: Federal ($4,225) ($48,425) $51,490 ($1,160)
Income tax withheld: State 0 (352) 352 0
Income tax withheld: Local 0 0 0 0
FICA Withheld (3,733) (33,422) 36,181 (973)
Employers FICA (3,733) (33,422) 36,181 (973)
Unemployment Tax: Federal (390) (3,458) 3,747 (102)
Unemployment Tax: State (3,240) (29,090) 31,504 (827)
All Other Payroll W/H 0 0 0 0
State Taxes: Inc./Sales/Use/Excise (6,000) (6,000) 0 (12,000)
Property Taxes (8,466) (7,800) 10,652 (5,613)
Workers Compensation (9,833) 0 0 (9,833)
--------------------------------------------------------------------------------------
Total ($39,619) ($161,969) $170,107 ($31,481)
Wages and Salaries (49,852) (468,545) 429,615 (88,783)
--------------------------------------------------------------------------------------
Grand Total ($89,471) ($630,515) $599,722 ($120,264)
======================================================================================
</Table>
Aging of Accounts Receivable
and Post Petition Accounts Payable
<Table>
Age in Days (Post Petition) Total 0-30 Days 30-60 Days Over 60 Days
Accounts Payable $ 572,518 $ 386,250 $ 24,892 $ 161,376
Accounts Receivable $3,735,267 $2,006,166 $318,888 $1,410,213
PERIOD ENDED: 1/31/05 GANTON TECHNOLOGIES (RACINE) CASE #04-67600
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
12/31/2004 Withheld Deposits 1/31/2005
-----------------------------------------------------------------------------------
Income tax withheld: Federal $0 ($163,216) $163,216 $0
Income tax withheld: State 0 (100,075) 100,075 0
Income tax withheld: Local 0 0 0 0
FICA Withheld 0 (115,988) 115,988 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
State Taxes: Inc./Sales/Use/Excise 4,927 (7,000) 0 (2,073)
Property Taxes (37,503) (12,501) 37,673 (12,331)
Workers Compensation (511,786) (100,000) 0 (611,786)
-----------------------------------------------------------------------------------
Total ($544,362) ($498,780) $416,952 ($626,190)
Wages and Salaries (135,693) (392,307) 115,731 (412,269)
-----------------------------------------------------------------------------------
Grand Total ($680,055) ($891,087) $532,683 ($1,038,459)
===================================================================================
</Table>
Aging of Accounts Receivable
and Post Petition Accounts Payable
<Table>
Age in Days (Post Petition) Total 0-30 Days 30-60 Days Over 60 Days
Accounts Payable $1,149,606 $ 870,381 $ 72,710 $ 206,515
Accounts Receivable $9,627,199 $7,613,227 $544,089 $1,469,882
INTERMET CORPORATION AND SUBSIDIARIES PERIOD ENDED 1/31/2005
MONTHLY CASH STATEMENT
CASH ACTIVITY ANALYSIS: CASE # 04-67600
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 362,842 83,704 - 0 446,546
TRANSFERS IN (CORPORATE) - - 454,058 415,452 869,510
DIP INFLOW - - - - -
DISBURSEMENTS - - (454,058) (415,452) (869,510)
TRANSFERS OUT (CORPORATE) (362,842) (83,704) - - (446,545)
DIP REPAYMENT - - - - -
------------------------------------------------------------------------------------------
ENDING BANK BALANCE - - - - (0.00)
WIRES PAID FOR BY CORPORATE 778,045 778,045
CHECKS ISSUED 451,325
-----------
TOTAL DISBURSEMENTS (SEE TOTAL DISBURSEMENTS RECONCILIATION) $ 1,229,371
===========
OUTSTANDING CHECKS AS OF DECEMBER 31 76,093
VOIDED CHECKS OUTSTANDING AS OF DECEMBER 31 (2,750)
CHECKS ISSUED IN JANUARY 451,325
CHECK CLEARED IN JANUARY (454,058)
-----------
OUTSTANDING CHECKS AS OF JANUARY 31 (SEE OUTSTANDING CHECKLIST) $ 70,610
===========
GANTON TECHNOLOGIES, INC. (PULASKI) CASE NO. 04-67600
CASH DISBURSEMENTS
JANUARY 2005
<Table>
<Caption>
VENDOR TOTAL DISBURSEMENTS
- --------------------------------------------------------------------------------
A-1 HEATING & COOLING INC $ 883.15
ACOM SOLUTIONS INC. 235.00
ADAMS MACHINERY MOVERS, 1,470.00
ADVANCE PRODUCTS 984.07
AH ASSOCIATES 1,200.00
Ainku Sivaainkaran 82.85
AIR DRAULICS ENGINEERING 99.69
AIRGAS SOUTH (BOC GASES) 3,621.76
AL CAST COMPANY 70,414.50
ALABAMA CHILD SUPPORT 335.00
ALUMINUM RESOURCES INC. 277,897.10
AMERICAN QUALITY 4,327.75
ATCO INDUSTRIES, INC. 12,434.00
AUTOMATIC DATA PROCESSING 2,000.76
AUTOMATION CENTER 738.07
AVAYA INC. 295.78
BADGER METAL 1,054.00
BAGWELL OFF.SYSTEMS, INC. 987.02
BAILEY COMPANY 2,660.02
BANK OF FRANKEWING 661.00
BELL SOUTH 1,063.72
BELLSOUTH PUBLIC COMMUN. -
BELLWRIGHT INDUSTRIES 26,026.00
BG & R COMPANY 814.80
BROOKS AUTO SERVICE 123.37
BROWNING-FERRIS IND 804.23
C KENNETH STILL TRUSTEE 425.00
C3 INTERNATIONAL, LLC 248.54
Carrie Smith 9,300.00
CENTRAL CHILD SUPPORT 4,405.80
CHILES OIL INC. 1,170.20
Chris Douthit 5,718.50
CHURCH AUTO PARTS CORP. 535.78
CINDY WATSON 412.14
CINTAS CORPORATION 4,533.51
CITY OF PULASKI, 305.00
COLE-PARMER INSTRUMENT CO 94.00
CONTACTS METALS WELDING, 3,017.80
DIE-TECH WIRE TOOL INC 31,000.00
EDUCATION DIRECT 427.35
EDWARDS XPRESS INC. 3,211.50
EMPIRE CNC SERVICES 11,352.78
Expedite Services 360.80
FIRST NATIONAL BANK 9,939.63
Forklift Systems 1,104.00
</Table>
GANTON TECHNOLOGIES, INC. (PULASKI) CASE NO. 04-67600
CASH DISBURSEMENTS
JANUARY 2005
<Table>
<Caption>
VENDOR TOTAL DISBURSEMENTS
- --------------------------------------------------------------------------------
GENERAL SUPPLY CORP. 3,553.73
GIBSON'S GLASS & MIRROR 130.00
Global Exchange Services 59.02
HENRY E. HILDEBRAND, III 2,850.00
Hidden Valley 593.00
HOLLEY'S PRINTING 405.15
IMCO RECYCLING 72,600.00
INDUSTRIAL REPAIR SERVICE 1,109.49
J & K INDUSTRIAL SUPPLY 1,741.77
J&J/INGAS PROPANE 1,070.00
Jefferson Pilot Financial 920.55
JM FOREST PRODUCTS, LLC 2,711.49
JOHN-MICHAELS ENTERPRISES 2,227.75
JUDY G CALLAHAN, CLERK 180.66
Kempster, Keller and 750.00
LAKESIDE MANUFACTURING CO 21,878.33
LANDAUER 216.64
LEWISBURG RUBBER AND 1,360.46
Lin Roe Services, Inc. 1,250.00
Linda Tomlin 171.14
LOWELL GLOSSUP 32.00
M.G. ELECTRONIC EQUIPMENT 164.65
MAGID GLOVE/EQUITY IND. 500.42
MAGNA-TECH SE. 1,233.22
Marc Lowe 91.06
Mark Little 354.66
MCMASTER-CARR SUPPLY CO. 460.91
METOKOTE 2,260.50
METOKOTE CORPORATION 7,170.28
MICHAEL COLLINS 65.13
MICHIGAN MILL SUPPLY 121.49
MID-SOUTH METALLURGICAL, 88.55
MIRSA 18,604.88
MR. ROOTER 464.31
Niel Barnhart 87.50
PACKAGING FULFILLMENT 5,201.09
PEREZ SERVICES INC. 11,568.12
PHYSICIANS AND SURGEONS 143.00
PIONEER METAL FINISHING 1,655.29
POSTMASTER 111.00
PRECISION MACHINERY 19,781.21
PROCLEAN SUPPLIES & SERV. 418.02
PULASKI ELECTRIC, WATER 136,825.21
PULASKI LUMBER COMPANY 31.89
PUTNAM INVESTMENTS- 11,980.38
QUAD STEEL CORPORATION 3,900.00
</Table>
GANTON TECHNOLOGIES, INC. (PULASKI) CASE NO. 04-67600
CASH DISBURSEMENTS
JANUARY 2005
<Table>
<Caption>
VENDOR TOTAL DISBURSEMENTS
- --------------------------------------------------------------------------------
RANDSTAD 7,864.47
REFRACTORY ENGINEERS INC 1,578.09
RIVERSBURG WELDING CO 2,123.21
ROBERT HERR 133.50
SAFETY-KLEEN SYSTEMS,INC. 1,320.34
SHELIA HOLLOWAY 215.00
SPARTAN WOOD PRODUCTS 586.00
SPECTRO ALLOYS CORP 277,925.20
Sprint 1,045.27
SRI 4,995.00
STEPHANIE WALTERS 702.90
STERICYCLE INC. 13.75
STUART C. IRBY COMPANY 1,068.27
TAMMY KAY BOWEN 357.55
TECHNICRAFT, INC. 375.00
TENNESSEE VALLEY RECYCLING -
TIM GEIGER 54.68
TRANSMAN 77,745.15
TREASURER, STATE OF TENN 1,686.25
VEKTEK, INC. 530.40
VERIZON WIRELESS 78.54
WATSON'S OFFICE SUPPLIES 3,174.53
WINSTON UPCHURCH 66.25
YOUNG MOVING & STORAGE 7,195.21
ZEP MANUFACTURING CO. 666.27
--------------
$ 1,229,370.75
</Table>
GANTON TECHNOLOGIES, INC.
CASE NO. 04-67600
AT 1/31/05
PULASKI - BANK RECONCILIATION
Bank Balance $ -
Actual Outstanding Checks 70,610.47
Total PR Outstanding Checks 48,281.93
------------
Total Outstanding Checks 118,892.40
Unadjusted GL Balance 118,892.40
----------------
Difference $ -
================
PULASKI
OUTSTANDING CHECKS
CASE NO. 04-67600
<Table>
<Caption>
DATE CHECK OUTSTANDING
11/11/2004 12952 $ 770.00
11/30/2004 13078 1,956.50
12/29/2004 13282 1,574.59
1/17/2005 13380 248.54
1/19/2005 13411 4,327.75
1/19/2005 13415 3,300.00
1/19/2005 13418 2,957.03
1/19/2005 13417 406.20
1/19/2005 13422 370.00
1/19/2005 13424 302.02
1/19/2005 13423 133.50
1/19/2005 13410 87.58
1/20/2005 13452 9,156.81
1/20/2005 13440 4,472.38
1/20/2005 13453 2,881.12
1/20/2005 13449 1,857.75
1/20/2005 13426 852.84
1/20/2005 13433 804.23
1/20/2005 13444 216.64
1/20/2005 13454 11.93
1/25/2005 13468 530.40
1/25/2005 13462 305.00
1/25/2005 13463 94.00
1/25/2005 13466 87.50
1/27/2005 13491 7,409.76
1/27/2005 13480 5,919.83
1/27/2005 13485 4,787.01
1/27/2005 13478 2,479.47
1/27/2005 13471 1,608.41
1/27/2005 13492 1,578.09
1/27/2005 13493 1,332.64
1/27/2005 13490 1,019.13
1/27/2005 13484 987.00
1/27/2005 13494 928.01
1/27/2005 13475 897.62
1/27/2005 13479 774.41
1/27/2005 13477 742.50
1/27/2005 13487 687.63
1/27/2005 13498 590.00
1/27/2005 13472 449.63
1/27/2005 13473 234.00
1/27/2005 13476 91.10
1/27/2005 13481 90.33
1/27/2005 13496 85.00
1/27/2005 13500 78.54
1/27/2005 13474 69.05
1/27/2005 13482 67.00
$ 70,610.47
</Table>
Intermet Corporation and Subsidiaries Period Ended 1/31/2005
MONTHLY CASH STATEMENT
CASH ACTIVITY ANALYSIS:
CASE # 04-67600
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 - 148,411 - - - - 148,411
RECEIPTS 3,736,964 473,551 - 352 - - 4,210,867
TRANSFERS IN (CORPORATE) - - 850,000 1,333,670 159,324 10,577 2,353,571
DIP INFLOW - - - - - - -
DISBURSEMENTS - - (850,000) (1,334,022) (159,324) (10,577) (2,353,924)
TRANSFERS OUT (CORPORATE) (3,736,964) (462,285) - - - - (4,199,249)
DIP REPAYMENT - - - - - - -
---------------------------------------------------------------------------------------------------
ENDING BANK BALANCE - 159,676 - - - - 159,676
WIRES PAID FOR BY CORPORATE 2,472,967 191,757 2,664,725
CHECKS ISSUED 1,250,499
-------------
TOTAL DISBURSEMENTS (SEE TOTAL DISBURSEMENTS
RECONCILIATION) $ 3,723,466
=============
OUTSTANDING CHECKS AS OF DECEMBER 31 148,258
VOIDED CHECKS OUTSTANDING AS OF DECEMBER 31 (2,758)
CHECKS ISSUED IN JANUARY 1,250,499
CHECK CLEARED IN JANUARY (850,000)
-------------
OUTSTANDING CHECKS AS OF JANUARY 31 (SEE OUTSTANDING
CHECKLIST) $ 545,999
=============
GANTON TECHNOLOGIES, INC. (RACINE) CASE NO. 04-67600
CASH DISBURSEMENTS
JANUARY 2005
<Table>
<Caption>
VENDOR TOTAL DISBURSEMENTS
- --------------------------------------------------------------
AA ELECTRIC $ 2,360.88
ACCOUNTEMPS 21,759.11
ADA METAL PRODUCTS 3,264.00
ADT SECURITY SYSTEMS 959.90
ADVANCE HYDRAULICS I 36.74
AL PETERSEN 1,073.18
ALL FASTENERS, INC. 153.65
ALLTHERM SERVICES IN 1,800.00
ALUMINUM RESOURCES I 15,593.10
ALVAN MOTOR FREIGHT, INC. 85.33
AMERICAN CHEMICAL 717.20
AMERICAN CITIZEN 6,500.00
AMERICAN ENTERPRISE 10,983.14
AMERICAN GENERAL FINANCE 133.86
AMERICAN INDUSTRIAL 4,522.30
AMERICREDIT FINANCIAL 400.00
AMERIGAS - FRANKSVIL 3,000.00
AMPLE SUPPLY 96.00
ANNETTE M HEATH 2,392.92
AT&T-UNIVERSAL BILLE 624.58
AUTOMATIC DATA PROCE 5,921.64
BATTERIES PLUS 27.30
BEST ENGINEERING CO. 3,998.39
BOBBY RODGERS 724.83
BODYCOTE THERMAL 70.00
BOSTON MUTUAL LIFE 3,692.00
BOULEVARD PROPERTIES LLC 821.25
BRAAS/WISCONSIN, INC 2,806.00
BTL PALLET CORP 2,490.40
BUELL AUTOMATICS INC 8,646.10
BULK LIFT INTERNATIO 449.60
CAMCAR DIVISON OF TE 6,310.00
CAMCAR TEXTRON 2,603.34
CDW COMPUTER CENTERS INC 198.95
CHAPTER 13 TRUSTEE 3,904.00
CHEMENCE INC. 383.76
CHEMTOOL INCORPORATE 43,921.60
CINCINNATI TEST 820.40
CITI FINANCIAL 260.00
CLIFF SOPER CO. INC. 801.00
CO-OPERATIVE CREDIT UNION 57,052.60
CREATIVE FOAM CORPOR 2,551.36
CULLIGAN WATER SYSTEMS 165.54
CURT PAPE 40.91
DANA CORPORATION 431,015.70
</Table>
GANTON TECHNOLOGIES, INC. (RACINE) CASE NO. 04-67600
CASH DISBURSEMENTS
JANUARY 2005
<Table>
<Caption>
VENDOR TOTAL DISBURSEMENTS
- --------------------------------------------------------------
DARREN RUGH 253.84
DAYTON FREIGHT 784.10
DENTALBLUE 6,580.00
DEPARTMENT OF CORRECTIONS 200.00
DIRECT DENTAL SERVICE 26,101.20
DONNA GERARDIN 2,028.96
EAST RACINE PET 2,200.00
EASTERDAY OFFICE 840.00
EFD 61.41
EXECUTIVE CONSULTING INC. 4,673.33
EYE CARE OF WISCONSIN INC 706.16
FELIZ SERVANTEZ 160.00
FET 140.00
FIBERGLASS TECHNOLOG 491.00
FIVE STAR SERVICE 404.64
FORD CREDIT 911.02
FOREST CITY TECHNOLO 825.00
FRED SANDERS 1,302.84
FREUDENBERG-NOK 57,570.79
G.E. CAPITAL CORPORA 63,515.00
G.W. SMITH & SONS, I 5,631.06
GARY SAUER 45.27
GENERAL INDUSTRIAL S 313.86
GENERAL RUBBER CO. 160.57
GLOBAL EXCHANGE SERV 70.84
GORDON FLESCH CO., I 3,538.47
GREAT LAKES RUBBER A 325.00
GROUP ADMINISTRATORS LTD 305.00
GS HYSDRAULIC 207.00
GWEN PFEIFER 19.43
HIGH RELIABILITY SYS 204.95
HILDRETH MANUFACTURI 5,111.00
HONEY ACRES 172.50
HYDRAULIC SERVICE OF 4,825.00
IBM CREDIT CORPORATION 1,174.18
IDEALEASE OF SOUTHEA 1,547.04
IDRAPRINCE INCORPORA 1,245.00
IMCO RECYCLING 1,317,540.00
INDUSTRIAL ASSOCIATE 770.00
INGERSOLL MACHINE TO 97,178.76
IN-PLACE MACHINING 4,200.00
INTEGRATED LOGISTICS 2,485.68
INTERNAL REVENUE SERVICE 100.00
J.M. JUDE ASSOCIATES 33.80
JACOBSON MFG. LLC 8,388.00
JAMES D. KIELIS 850.00
</Table>
GANTON TECHNOLOGIES, INC. (RACINE) CASE NO. 04-67600
CASH DISBURSEMENTS
JANUARY 2005
<Table>
<Caption>
VENDOR TOTAL DISBURSEMENTS
- --------------------------------------------------------------
JEFFERSON PILOT FINANCIAL 1,796.05
JOE COCKING 213.77
KANO LABORATORIES 78.00
KAZTEX ENERGY MANAGE 206,515.24
KINETIC TOOLS 337.25
KLIEN DICKERT GLASS 5,655.00
KOMAR SCREW CORP. 2,823.66
KRANZ INC. 96.86
KRISTIANSEN ENTERPRI 2,738.76
L & S ELECTRIC INC 753.00
L I N A 6.00
LASALLE NATL LEASING 69,544.93
LIBRA INDUSTRIES, IN 1,815.48
M&I TRUST 34,459.19
MACHINERY & FACTORY 629.20
MARSHALL & ILSLEY TRUST 408.95
MCJUNKIN CORPORATION 745.50
MECHANICAL ASSOCIATE 400.00
MEREDITH'S CULLIGAN 165.91
MERWIN STOLTZ CO 18,682.68
METAL WORLD, INC. 947.38
MIDWEST AIR PARTS 1,036.40
MIGUEL MEDINA 5,867.15
MILWAUKEE AREA TECHNICAL 3,427.94
MINIATURE PRECISION 17,190.00
MISDU 260.00
MISSISSIPPI DEPT. OF 104.28
MODULAR PIPING SUPPL 204.00
MOLTEN METAL EQUIPME 16,164.01
MOTION INDUSTRIES, I 9,257.44
MOUNT PLEASANT SEWER 3,998.03
MSC INDUSTRIAL SUPPL 6,741.04
NATIONAL CASH ADVANCE 361.25
NELSON ELECTRIC SUPP (610.31)
NORMAN EQUIPMENT CO. 234.48
NSK CORPORATION 14,445.00
OHIO SCREW PRODUCTS 14,661.59
PARKER HANNIFIN CORP 33,982.59
PENSKE TRUCK LEASING 814.39
POTTINGER STEEL WORK 342.00
PRAXAIR DISTRIBUTION 16.84
PRICE ENGINEERING CO 83.52
PUTNAM INVESTMENTS- 7,555.60
PYROTEK, INC. 553.94
QSR GROUP INC. 13,750.00
QUADRA 75,180.20
</Table>
GANTON TECHNOLOGIES, INC. (RACINE) CASE NO. 04-67600
CASH DISBURSEMENTS
JANUARY 2005
<Table>
<Caption>
VENDOR TOTAL DISBURSEMENTS
- --------------------------------------------------------------
RACINE WATER AND 2,401.38
RAMON AYALA DEL 2,910.02
RAUSCH STURM ISRAEL 6.59
REFRACTORY SERVICE 83,611.90
RES MANUFACTURING 59,616.56
RITTER ENGINEERING C 80.32
SNAP-ON TOOLS 69.10
SNYDER PLASTICS INC. 536.40
SPECTRO ALLOYS CORP 206,645.40
STURTEVANT WATER & S 15,582.36
SUMITOMO ELECTRIC CA 3,857.75
SUPERIOR DIE SET COR 904.13
TOOL SERVICE CORPORA 1,339.62
TRANSMAN LOGISTICS 16,697.46
TRELLEBORG AUTOMOTIV 115,920.00
TWIN CITY OPTICAL 186.15
U.S. CELLULAR 2,010.37
U.S. FILTER CORP 4,306.65
UAW LOCAL 627 14,769.96
UAW V-CAP 143.00
ULINE 33,148.09
UNITED LEASING ASSOC 328.14
UNITED WAY 50.00
US DEPT OF EDUCATION 721.67
USA PAYDAY LOAN 49.17
USON LP 3,715.00
VILLAGE OF STURTEVANT 79,101.72
W.W. GRAINGER INC. 869.37
WE ENERGIES 151,749.93
WI SCTF 30,447.49
WILLIAM KNECHT 81.48
WISC. LIFTING SPECIA 56.60
WISCONSIN CONTR 125.00
WISCONSIN DEPT OF REVENUE 1,245.79
WISCONSIN EMERGENCY 150.00
WISCONSIN LIFT TRUCK 11,093.75
WOLTER INVESTMENT CO 7,825.61
WOODLAND HILLS 12,830.00
WYNN LAW OFFICE 50.00
YASKAWA ELECTRIC 774.00
Z&Z MACHINE PRO 700.00
-------------------
$ 3,723,466.38
</Table>
GANTON TECHNOLOGIES, INC.
CASE NO. 04-67600
AT 1/31/05
<Table>
RACINE - BANK RECONCILIATION
Bank Balance $ -
Actual Outstanding Checks 545,999.48
Unadjusted GL Balance 545,999.48
-------------------
Difference $ -
===================
</Table>
RACINE
OUTSTANDING CHECKS
CASE NO. 04-67600
<Table>
<Caption>
DATE CHECK OUTSTANDING
11/16/2004 40708 $ 2,353.21
12/6/2004 40990 2,748.00
12/8/2004 41015 112.61
12/16/2004 41123 69.99
12/21/2004 41157 254.01
12/21/2004 41191 350.00
12/22/2004 41247 24.46
12/23/2004 41255 8,564.76
1/4/2005 41299 491.00
1/5/2005 41317 4,998.52
1/11/2005 41361 4,825.00
1/11/2005 41376 1,302.84
1/12/2005 41381 208.00
1/13/2005 41409 70.00
1/13/2005 41423 2,028.96
1/14/2005 41428 967.68
1/17/2005 41436 656.47
1/17/2005 41439 774.00
1/18/2005 41442 6,925.27
1/19/2005 41467 929.00
1/19/2005 41468 337.25
1/19/2005 41475 125.00
1/20/2005 41481 449.60
1/20/2005 41496 10.24
1/20/2005 41498 1,440.00
1/20/2005 41499 26.07
1/20/2005 41512 31.20
1/20/2005 41522 1,337.28
1/24/2005 41525 3,228.20
1/24/2005 41528 811.05
1/24/2005 41530 165.54
1/24/2005 41532 29,936.00
1/24/2005 41533 172.50
1/24/2005 41536 123.00
1/24/2005 41538 985.65
1/24/2005 41540 5,778.00
1/24/2005 41542 69.10
1/24/2005 41543 1,257.04
1/24/2005 41546 2,010.37
1/24/2005 41547 433.94
1/24/2005 41548 7,825.61
1/25/2005 41550 5,940.90
1/25/2005 41551 140.23
1/25/2005 41552 383.76
1/25/2005 41553 16,736.25
1/25/2005 41554 61.41
1/25/2005 41559 2,331.64
1/25/2005 41562 179.00
1/25/2005 41564 5,455.62
1/25/2005 41565 19.43
1/26/2005 41568 44.62
1/26/2005 41569 100.00
1/26/2005 41570 644.95
1/26/2005 41571 624.58
1/26/2005 41572 1,628.36
1/26/2005 41573 3,692.00
1/26/2005 41574 65.00
1/26/2005 41575 14,466.51
1/26/2005 41576 50.00
1/26/2005 41577 1,200.00
1/26/2005 41578 3,072.05
1/26/2005 41579 706.16
</Table>
RACINE
OUTSTANDING CHECKS
CASE NO. 04-67600
<Table>
<Caption>
DATE CHECK OUTSTANDING
1/26/2005 41580 65.00
1/26/2005 41581 70.84
1/26/2005 41582 3,538.47
1/26/2005 41583 204.95
1/26/2005 41584 1,547.04
1/26/2005 41585 25.00
1/26/2005 41586 758.05
1/26/2005 41587 1,038.00
1/26/2005 41588 982.00
1/26/2005 41589 13.48
1/26/2005 41590 7,555.60
1/26/2005 41591 9,244.40
1/26/2005 41592 408.95
1/26/2005 41593 26.07
1/26/2005 41594 125.71
1/26/2005 41595 189.00
1/26/2005 41596 674.36
1/26/2005 41597 7,456.09
1/26/2005 41598 40.00
1/26/2005 41599 6,310.00
1/26/2005 41600 186.15
1/26/2005 41602 143.00
1/26/2005 41603 205.68
1/26/2005 41604 79,101.72
1/26/2005 41605 353.49
1/26/2005 41606 25.00
1/27/2005 41608 206,515.24
1/27/2005 41611 1,055.64
1/31/2005 41613 1,632.00
1/31/2005 41614 3,686.42
1/31/2005 41615 36.74
1/31/2005 41616 96.00
1/31/2005 41617 1,500.00
1/31/2005 41618 2,490.40
1/31/2005 41619 1,841.25
1/31/2005 41620 867.78
1/31/2005 41621 39.30
1/31/2005 41622 770.00
1/31/2005 41623 18,555.40
1/31/2005 41624 600.00
1/31/2005 41625 234.48
1/31/2005 41626 1,850.00
1/31/2005 41627 30,361.00
1/31/2005 41628 328.14
1/31/2005 41629 102.75
1/31/2005 41630 400.00
$ 545,999.48
</Table>
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: JANUARY 31, 2005
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.)
Name: GANTON TECHNOLOGIES, INC. Capacity: ___ Shareholder
Case Number: 04-67600 ___ 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 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
Dated: FEBRUARY 28, 2005 ___________________________________________
PRINCIPAL, OFFICER, DIRECTOR, OR INSIDER
Form 6
Ganton Technologies
Case Number: 04-67600
Intermet Corporation and Subsidiaries
Schedule of In-Force Insurance
INSURANCE TYPE CARRIER POLICY PERIOD
- -------------- ------- -------------
Property Lloyds 11/1/04-11/1/05
Boiler/Machine Hartford 11/1/04-11/1/05
Cargo Fireman's Fund 11/1/04-11/1/05
Truck Cargo Fireman's Fund 11/1/04-11/1/05
Aviation USAIG 11/1/04-11/1/05
Fiduciary St. Paul 11/1/04-11/1/05
Primary D&O St. Paul 11/1/04-11/1/05
Excess D&O Chubb 11/1/04-11/1/05
Excess D&O Platte River 11/1/04-11/1/05
Crime AIG 12/1/04-12/1/05
General Liability ACE 12/22/04-12/22/05
Umbrella National Union 12/22/04-12/22/05
Workers' Comp ACE 12/22/04-6/22/05
Excess Workers' Comp ACE 12/22/04-12/22/05
Auto ACE 12/22/04-12/22/05
Foreign (DIC) ACE 12/22/04-12/22/05
Note: This list does not include In-Force Insurance for Foreign Subsidiaries.
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 JANUARY 31, 2005:
IN RE: )
INTERMET CORPORATION, ET AL ) CASE NO: 04-67601
) Chapter 11
) Judge: Marci B. McIvor
INTERMET HOLDING COMPANY )
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 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 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
is true and correct to the best of my information and belief.
Dated: FEBRUARY 28, 2005 /s/ Robert E. Belts
--------------------------------------------
Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- --------------
Title Phone
Intermet Corp. and Subsidiaries
Operating Statement
For the Month Ended 01-31-05
($000's)
CASE # 04-67601
INTERMET
HOLDING CO.
----------------------------------
Current Month Total Since Filing
------------- ------------------
Net Sales $ 0 $ 0
Cost of Goods Sold
Materials and Freight -- --
Wages - Hourly -- --
Wages-Salary -- --
Employee Benefits and Pension -- --
Repairs & Maintenance -- --
Supplies -- --
Utilities -- --
Purchased Components/Services -- --
Income(loss) from Pattern Sales -- --
Fixed Asset - (gain/loss) -- --
MIS Expense -- --
Travel & Entertainment -- --
Other Variable Costs -- --
Depreciation & Amortization -- --
Other Allocated Fixed Costs -- --
Other Fixed Costs -- --
--- ---
Cost of Goods Sold -- --
Gross Profit -- --
Plant SG&A Expense -- --
SG&A Expense - Allocation (Sched 1) -- --
Other Operating Expenses -- --
--- ---
Total Operating Expenses -- --
Operating Profit -- --
Outside Interest Income -- --
Outside Interest (Expense) -- --
Intercompany Interest Income -- --
Intercompany Interest (Expense) -- --
Charges (From) Affiliates -- --
Charges To Affiliates -- --
Income/Loss From European Operations -- --
Other Income/(Expense) -- --
--- ---
Total Non-Operating Expenses -- --
Income Before Income Taxes -- --
Income Tax Expense -- --
--- ---
Net Income $ 0 $ 0
=== ===
* Note: Intermet Holding Company is a holding company of certain foreign
subsidiaries and does not itself have any domestic operations. As a result,
Intermet Holding Company's results are incorporated in the results of Intermet
Corporation foreign subsidiaries. For January, $395,000 of Intercompany interest
was eliminated through foreign operations and therefore not included in this
statement.
Current Month Total Since Filing
- ------------- ------------------
($395) ($1,550)
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs January
(Allocation of Corporate Costs to Filing Entities)
(000's)
January
-------
Officer Compensation $189
Salary Expense other Employees 1,097
Employee Benefits and Pension 145
Payroll Taxes 96
Other Taxes 5
Rent and Lease Expense 185
Interest Expense
Insurance 36
Automobile and Truck Expense 11
Utilities(Gas Electric,Phone) 32
Depreciation 73
Travel and Entertainment 58
Repairs and Maintenance 111
Advertising/Promotion 0
Supplies, Office Expense 33
OTHER:
Contributions 0
Professional Fees - Audit/Tax 131
Bank Fees 24
Public Reporting Fees 16
Employee Relocation/Training 0
Data Processing 20
Dues and Subscriptions 20
Outside Services 129
Project Development Costs net of Billings 133
Director Fees 25
Miscellaneous 5
Professional Fees - Bankruptcy (157)
Cost Allocation - Out (244)
------
$2,174
======
Allocation:
Wagner Castings 191
Northern Castings 50
Ironton Iron 0
Lynchburg Foundry 193
Columbus Foundry 313
Wagner Havana 0
Intermet U.S. Holdings 259
Cast-Matic Corp. 82
Diversified Diemakers 257
Ganton Technologies 168
Tool Products 137
Intermet Corporation 524
------
Total $2,174
======
INTERMET Corp. and Subsidiaries
Balance Sheet as of 1-31-05
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 8,246
Deferred Taxes, Long-Term Asset 0
Other Assets 0
--------
TOTAL ASSETS $ 98,538
========
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 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
Senior & IDR Bonds 0
--------
TOTAL UNSECURED LIABILITIES 0
OTHER LIABILITIES
Accrued Liabilities 0
Short-Term Intercompany Payables 0
Capital Leases 0
Retirement Benefits 0
Deferred Taxes - Long-Term Liability 0
Other Long-Term Liabilities 0
Long-Term Intercompany Payables 148,063
Minority Interest 0
--------
TOTAL LIABILITIES 148,063
Common Stock 1
Capital In Excess Of Par Value 1
Retained Earnings - Prepetition (18,705)
Retained Earnings - Post Petition (1,550)
Equity In European Operations
Accumulated Translation Adjustment (29,272)
Minimum Pension Liability Adjustment 0
Unearned Restricted Stock 0
--------
TOTAL SHAREHOLDER EQUITY (49,525)
--------
TOTAL LIABILITIES AND EQUITY $ 98,538
========
Note: Intermet Holding Company is a holding company of certain foreign
subsidiaries and does not itself have any domestic operations. As a result,
Intermet Holding Company's results are incorporated in the results of Intermet
Corporation foreign subsidiaries.
PERIOD ENDED: 1-31-05 INTERMET HOLDING COMPANY CASE #04-67601
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
12/31/2004 Withheld Deposits 1/31/2005
---------- --------- ---------- ---------
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 CASH STATEMENT
Period Ending: JANUARY 31, 2005
INTERMET HOLDING COMPANY
Case Number: 04-67601
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) _______ _______ _____ __________ __________
E. Ending Balance
(C-D) N/A - COMPANY HAS NO BANK ACCOUNTS
(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: FEBRUARY 28, 2005 ________________________________________
Debtor in Possession
Form 5
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: JANUARY 31, 2005
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.)
Name: INTERMET HOLDING COMPANY Capacity: ___ Shareholder
Case Number: 04-67601 ___ 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 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
Dated: FEBRUARY 28, 2005 ________________________________________
PRINCIPAL, OFFICER, DIRECTOR, OR INSIDER
Form 6
Intermet Holding Company
Case Number: 04-67601
Intermet Corporation and Subsidiaries
Schedule of In-Force Insurance
INSURANCE TYPE CARRIER POLICY PERIOD
- -------------------- -------------- -----------------
Property Lloyds 11/1/04-11/1/05
Boiler/Machine Hartford 11/1/04-11/1/05
Cargo Fireman's Fund 11/1/04-11/1/05
Truck Cargo Fireman's Fund 11/1/04-11/1/05
Aviation USAIG 11/1/04-11/1/05
Fiduciary St. Paul 11/1/04-11/1/05
Primary D&O St. Paul 11/1/04-11/1/05
Excess D&O Chubb 11/1/04-11/1/05
Excess D&O Platte River 11/1/04-11/1/05
Crime AIG 12/1/04-12/1/05
General Liability ACE 12/22/04-12/22/05
Umbrella National Union 12/22/04-12/22/05
Workers' Comp ACE 12/22/04-6/22/05
Excess Workers' Comp ACE 12/22/04-12/22/05
Auto ACE 12/22/04-12/22/05
Foreign (DIC) ACE 12/22/04-12/22/05
Note: This list does not include In-Force Insurance for Foreign Subsidiaries.
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 JANUARY 31, 2005:
IN RE: )
INTERMET CORPORATION, ET AL ) CASE NO: 04-67604
) Chapter 11
) Judge: Marci B. McIvor
INTERMET ILLINOIS, INC. )
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 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 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
is true and correct to the best of my information and belief.
Dated: FEBRUARY 28, 2005 /s/ Robert E. Belts
--------------------------------------------
Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- --------------
Title Phone
Intermet Corp and Subsidiaries
Operating Statement
For the Month Ended 01-31-05
($000's)
CASE # 04-67604
INTERMET
ILLINOIS
----------------------------------
Current Month Total Since Filing
------------- ------------------
Net Sales $ 0 $ 0
Cost of Goods Sold
Materials and Freight -- --
Wages - Hourly -- --
Wages-Salary -- --
Employee Benefits and Pension -- --
Repairs & Maintenance -- --
Supplies -- --
Utilities -- --
Purchased Components/Services -- --
Income(loss) from Pattern Sales -- --
Fixed Asset - (gain/loss) -- --
MIS Expense -- --
Travel & Entertainment -- --
Other Variable Costs -- --
Depreciation & Amortization -- --
Other Allocated Fixed Costs -- --
Other Fixed Costs -- --
--- ---
Cost of Goods Sold -- --
Gross Profit -- --
Plant SG&A Expense -- --
SG&A Expense - Allocation (Sched 1) -- --
Other Operating Expenses -- --
--- ---
Total Operating Expenses -- --
Operating Profit -- --
Outside Interest Income -- --
Outside Interest (Expense) -- --
Intercompany Interest Income -- --
Intercompany Interest (Expense) -- --
Charges (From) Affiliates -- --
Charges To Affiliates -- --
Income/Loss From European Operations -- --
Other Income/(Expense) -- --
--- ---
Total Non-Operating Expenses -- --
Income Before Income Taxes -- --
Income Tax Expense -- --
--- ---
Net Income $ 0 $ 0
=== ===
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs January
(Allocation of Corporate Costs to Filing Entities)
(000's)
January
-------
Officer Compensation $ 189
Salary Expense other Employees 1,097
Employee Benefits and Pension 145
Payroll Taxes 96
Other Taxes 5
Rent and Lease Expense 185
Interest Expense
Insurance 36
Automobile and Truck Expense 11
Utilities(Gas Electric,Phone) 32
Depreciation 73
Travel and Entertainment 58
Repairs and Maintenance 111
Advertising/Promotion 0
Supplies, Office Expense 33
OTHER:
Contributions 0
Professional Fees - Audit/Tax 131
Bank Fees 24
Public Reporting Fees 16
Employee Relocation/Training 0
Data Processing 20
Dues and Subscriptions 20
Outside Services 129
Project Development Costs net of Billings 133
Director Fees 25
Miscellaneous 5
Professional Fees - Bankruptcy (157)
Cost Allocation - Out (244)
-------
$ 2,174
=======
Allocation:
Wagner Castings 191
Northern Castings 50
Ironton Iron 0
Lynchburg Foundry 193
Columbus Foundry 313
Wagner Havana 0
Intermet U.S. Holdings 259
Cast-Matic Corp. 82
Diversified Diemakers 257
Ganton Technologies 168
Tool Products 137
Intermet Corporation 524
------
Total $2,174
======
INTERMET Corp. and Subsidiaries
Balance Sheet as of 1-31-05
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
Wages and Salaries (See schedule)
Taxes Payable - (See schedule)
-----
TOTAL POST PETITION LIABILITIES 0
SECURED LIABILITIES:
SECURED 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
Senior & IDR Bonds 0
-----
TOTAL UNSECURED LIABILITIES 0
OTHER LIABILITIES
Accrued Liabilities 0
Short-Term Intercompany Payables 0
Capital Leases 0
Retirement Benefits
Deferred Taxes - Long-Term Liability
Other Long-Term Liabilities
Long-Term Intercompany Payables 100
Minority Interest
-----
TOTAL LIABILITIES 100
Common Stock 0
Capital In Excess Of Par Value 0
Retained Earnings - Prepetition (100)
Retained Earnings - Post Petition 0
Equity In European Operations
Accumulated Translation Adjustment 0
Minimum Pension Liability Adjustment
Unearned Restricted Stock
-----
TOTAL SHAREHOLDER EQUITY (100)
-----
Total Liabilities And Equity $ 0
=====
PERIOD ENDED: 1-31-05 INTERMET ILLINOIS CASE #04-67604
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
12/31/2004 Withheld Deposits 1/31/2005
---------- --------- ---------- ---------
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 CASH STATEMENT
Period Ending: JANUARY 31, 2005
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) _______ _______ _____ __________ __________
E. Ending Balance
(C-D) N/A - COMPANY HAS NO BANK ACCOUNT
(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: FEBRUARY 28, 2005 _______________________________
Debtor in Possession
Form 5
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: JANUARY 31, 2005
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.)
Name: INTERMET ILLINOIS, INC. Capacity: ___ Shareholder
Case Number: 04-67604 ___ 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 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
Dated: FEBRUARY 28, 2005 ________________________________________
PRINCIPAL, OFFICER, DIRECTOR, OR INSIDER
Form 6
Intermet Illinois, Inc.
Case Number: 04-67604
Intermet Corporation and Subsidiaries
Schedule of In-Force Insurance
INSURANCE TYPE CARRIER POLICY PERIOD
- -------------------- -------------- -----------------
Property Lloyds 11/1/04-11/1/05
Boiler/Machine Hartford 11/1/04-11/1/05
Cargo Fireman's Fund 11/1/04-11/1/05
Truck Cargo Fireman's Fund 11/1/04-11/1/05
Aviation USAIG 11/1/04-11/1/05
Fiduciary St. Paul 11/1/04-11/1/05
Primary D&O St. Paul 11/1/04-11/1/05
Excess D&O Chubb 11/1/04-11/1/05
Excess D&O Platte River 11/1/04-11/1/05
Crime AIG 12/1/04-12/1/05
General Liability ACE 12/22/04-12/22/05
Umbrella National Union 12/22/04-12/22/05
Workers' Comp ACE 12/22/04-6/22/05
Excess Workers' Comp ACE 12/22/04-12/22/05
Auto ACE 12/22/04-12/22/05
Foreign (DIC) ACE 12/22/04-12/22/05
Note: This list does not include In-Force Insurance for Foreign Subsidiaries.
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 JANUARY 31, 2005:
IN RE: )
INTERMET CORPORATION, ET AL ) CASE NO: 04-67607
) Chapter 11
) Judge: Marci B. McIvor
INTERMET INTERNATIONAL, INC. )
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 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 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
is true and correct to the best of my information and belief.
Dated: FEBRUARY 28, 2005 /s/ Robert E. Belts
--------------------------------------------
Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- --------------
Title Phone
UNITED STATES BANKRUPTCY COURT
FOR THE EASTERN DISTRICT OF MICHIGAN
IN RE: INTERMET INTERNATIONAL, INC. CASE NO. 04-67607
All activity for Intermet International, Inc. is reported in the
consolidated Columbus Foundry operating report (Case #04-67609).
MONTHLY CASH STATEMENT
Period Ending: JANUARY 31, 2005
INTERMET INTERNATIONAL, INC.
Case Number: 04-67607
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)
E. Ending Balance ALL ACTIVITY FOR INTERMET INTERNATIONAL, INC. IS
(C-D) REPORTED IN THE CONSOLIDATED COLUMBUS FOUNDRY
OPERATING REPORT (CASE #04-67609).
(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: FEBRUARY 28, 2005 _______________________________
Debtor in Possession
Form 5
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: JANUARY 31, 2005
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.)
Name: INTERMET INTERNATIONAL, INC. Capacity: ___ Shareholder
Case Number: 04-67607 ___ 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 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
Dated: FEBRUARY 28, 2005
-------------------------------------------
Principal, Officer, Director, or Insider
Form 6
Intermet International, Inc.
Case Number: 04-67607
Intermet Corporation and Subsidiaries
Schedule of In-Force Insurance
INSURANCE TYPE CARRIER POLICY PERIOD
- -------------- ------- -------------
Property Lloyds 11/1/04-11/1/05
Boiler/Machine Hartford 11/1/04-11/1/05
Cargo Fireman's Fund 11/1/04-11/1/05
Truck Cargo Fireman's Fund 11/1/04-11/1/05
Aviation USAIG 11/1/04-11/1/05
Fiduciary St. Paul 11/1/04-11/1/05
Primary D&O St. Paul 11/1/04-11/1/05
Excess D&O Chubb 11/1/04-11/1/05
Excess D&O Platte River 11/1/04-11/1/05
Crime AIG 12/1/04-12/1/05
General Liability ACE 12/22/04-12/22/05
Umbrella National Union 12/22/04-12/22/05
Workers' Comp ACE 12/22/04-6/22/05
Excess Workers' Comp ACE 12/22/04-12/22/05
Auto ACE 12/22/04-12/22/05
Foreign (DIC) ACE 12/22/04-12/22/05
Note: This list does not include In-Force Insurance for Foreign Subsidiaries.
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 JANUARY 31, 2005:
IN RE: )
INTERMET CORPORATION, ET AL ) CASE NO: 04-67598
) Chapter 11
) Judge: Marci B. McIvor
INTERMET U.S. HOLDING, INC. )
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 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 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
is true and correct to the best of my information and belief.
Dated: FEBRUARY 28, 2005 /s/ Robert E. Belts
----------------------------------------
Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- ------------------
Title Phone
Intermet Corp. and Subsidiaries
Operating Statement
For the Month Ended 01-31-05
($000's)
CASE #04-67598
INTERMET U.S.
HOLDING
--------------------------------------
Current Month Total Since Filing
------------- ------------------
Net Sales $6,291 $25,454
Cost of Goods Sold
Materials and Freight 1,906 8,790
Wages - Hourly 834 3,937
Wages-Salary 373 1,576
Employee Benefits and Pension 549 1,935
Repairs & Maintenance 297 1,311
Supplies 375 1,877
Utilities 586 2,358
Purchased Components/Services 301 1,328
Income(loss) from Pattern Sales 1 751
Fixed Asset - (gain/loss) (2) (83)
MIS Expense 48 230
Travel & Entertainment 4 16
Other Variable Costs 230 682
Depreciation & Amortization 549 2,334
Other Allocated Fixed Costs -- --
Other Fixed Costs 189 692
------------- ------------------
Cost of Goods Sold 6,240 27,734
Gross Profit 51 (2,280)
Plant SG&A Expense 1 1
SG&A Expense - Allocation (Sched 1) 259 981
Other Operating Expenses -- 412
------------- ------------------
Total Operating Expenses 260 1,394
Operating Profit (209) (3,674)
Outside Interest Income -- --
Outside Interest (Expense) -- --
Intercompany Interest Income -- --
Intercompany Interest (Expense) (54) (338)
Charges (From) Affiliates -- --
Charges To Affiliates -- --
Income/Loss From European Operations -- --
Other Income/(Expense) 1 15
------------- ------------------
Total Non-Operating Expenses (53) (323)
Income Before Income Taxes (262) (3,997)
Income Tax Expense -- --
------------- ------------------
Net Income ($262) ($3,997)
============= ==================
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs January
(Allocation of Corporate Costs to Filing Entities)
(000's)
January
------------------
Officer Compensation $ 189
Salary Expense other Employees 1,097
Employee Benefits and Pension 145
Payroll Taxes 96
Other Taxes 5
Rent and Lease Expense 185
Interest Expense
Insurance 36
Automobile and Truck Expense 11
Utilities(Gas Electric,Phone) 32
Depreciation 73
Travel and Entertainment 58
Repairs and Maintenance 111
Advertising/Promotion 0
Supplies, Office Expense 33
OTHER:
Contributions 0
Professional Fees - Audit/Tax 131
Bank Fees 24
Public Reporting Fees 16
Employee Relocation/Training 0
Data Processing 20
Dues and Subscriptions 20
Outside Services 129
Project Development Costs net of Billings 133
Director Fees 25
Miscellaneous 5
Professional Fees - Bankruptcy (157)
Cost Allocation - Out (244)
------------------
$2,174
==================
Allocation:
Wagner Castings 191
Northern Castings 50
Ironton Iron 0
Lynchburg Foundry 193
Columbus Foundry 313
Wagner Havana 0
Intermet U.S. Holdings 259
Cast-Matic Corp. 82
Diversified Diemakers 257
Ganton Technologies 168
Tool Products 137
Intermet Corporation 524
------------------
Total $2,174
==================
INTERMET Corp. and Subsidiaries
Balance Sheet as of 1-31-05
CASE #04-67598
-------------------------------
INTERMET U.S.
HOLDING
-------------------------------
Cash And Equivalents $ 1
Accounts Receivable 8,442
Short-Term Intercompany Receivables 551
Inventories 6,776
Other Current Assets 16
-------------------------------
TOTAL CURRENT ASSETS 15,786
Land and Buildings 30,171
Machinery & Equipment 70,599
Construction In Progress 29
-------------------------------
Total Fixed Assets 100,799
Accumulated Depreciation (56,686)
-------------------------------
NET FIXED ASSETS 44,113
Investment In Subsidiaries 0
Investment In European Operations 0
Long-Term Intercompany Receivables 0
Deferred Taxes, Long-Term Asset 0
Other Assets 1,435
-------------------------------
TOTAL ASSETS $61,334
===============================
LIABILITIES AND SHAREHOLDER EQUITY
POST PETITION LIABILITIES
Accounts Payable $1,349
Wages and Salaries (See schedule) 536
Taxes Payable - (See schedule) 392
-------------------------------
TOTAL POST PETITION LIABILITIES 2,277
SECURED LIABILITIES:
SECURED 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 0
Accrued Payroll Taxes 0
-------------------------------
TOTAL TAXES AND OTHER PRIORITY LIABILITIES 594
UNSECURED LIABILITIES
Accounts Payable 7,911
Senior & IDR Bonds 0
-------------------------------
TOTAL UNSECURED LIABILITIES 7,911
OTHER LIABILITIES
Accrued Liabilities 1,910
Short-Term Intercompany Payables 160
Capital Leases 0
Retirement Benefits 0
Deferred Taxes - Long-Term Liability 0
Other Long-Term Liabilities 0
Long-Term Intercompany Payables 22,393
Minority Interest 0
-------------------------------
TOTAL LIABILITIES 35,245
Common Stock 5
Capital In Excess Of Par Value 54,495
Retained Earnings - Prepetition (24,414)
Retained Earnings - Post Petition (3,997)
Equity In European Operations
Accumulated Translation Adjustment 0
Minimum Pension Liability Adjustment 0
Unearned Restricted Stock 0
-------------------------------
TOTAL SHAREHOLDER EQUITY 26,089
-------------------------------
TOTAL LIABILITIES AND EQUITY $61,334
===============================
PERIOD ENDED: 1-31-05 INTERMET U.S. HOLDING (COLUMBUS MACHINING) CASE #04-67598
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued/ Payments/ as of
12/31/2004 Withheld Deposits 1/31/2005
---------------------------------------------------------------------------------
Income tax withheld: Federal ($536) ($14,645) $13,320 ($1,861)
Income tax withheld: State (1,759) (7,959) 7,359 (2,359)
Income tax withheld: Local 0 0 0 0
FICA Withheld 3,988 (13,587) 12,845 3,246
Employers FICA (2,541) (13,587) 12,845 (3,283)
Unemployment Tax: Federal (1,426) (1,608) 1,343 (1,691)
Unemployment Tax: State (27,057) (5,391) 4,496 (27,952)
All Other Payroll W/H (2,536) (1,376) 3,176 (736)
State Taxes: Inc./Sales/Use/Excise 0 0 0 0
Property Taxes (56,058) (17,415) 0 (73,473)
Workers Compensation 0 (2,990) 0 (2,990)
---------------------------------------------------------------------------------
Total ($87,926) ($78,558) $55,384 ($111,100)
Wages and Salaries (3,673) (140,786) 136,182 (8,277)
---------------------------------------------------------------------------------
Grand Total ($91,599) ($219,344) $191,566 ($119,377)
=================================================================================
Aging of Accounts Receivable
and Post Petition Accounts Payable
Age in Days (Post Petition) Total 0-30 Days 30-60 Days Over 60 Days
Accounts Payable 358,091 193,068 114,506 50,517
Accounts Receivable 623,672 619,943 345 3,385
PERIOD ENDED: 1-31-05 INTERMET U.S. HOLDING CORP. (NEW RIVER) CASE #04-67598
SCHEDULE OF POST-PETITION TAX LIABILITY
<Table>
<Caption>
Balance Balance
as of Accrued/ Payments/ as of
12/31/2004 Withheld Deposits 01-31-05
-----------------------------------------------------------------------------------
Income tax withheld: Federal $0 ($115,345) $115,345 $0
Income tax withheld: State 0 (43,483) 43,483 0
Income tax withheld: Local 0 0 0 0
FICA Withheld 0 (74,160) 74,160 0
Employers FICA (13,312) (76,215) 74,160 (15,367)
Unemployment Tax: Federal (29,314) (15,562) 5,475 (39,401)
Unemployment Tax: State (48,798) (65,844) 38,301 (76,340)
All Other Payroll W/H (18,493) (40,467) 38,637 (20,323)
State Taxes: Inc./Sales/Use/Excise (15,000) (13,202) 13,202 (15,000)
Property Taxes (10,000) (30,000) 0 (40,000)
Workers Compensation (50,000) (25,000) 0 (75,000)
-----------------------------------------------------------------------------------
Total ($184,917) ($499,277) $402,764 ($281,430)
Wages and Salaries (109,736) (1,046,551) 628,429 (527,858)
-----------------------------------------------------------------------------------
Grand Total ($294,654) ($1,545,828) $1,031,194 ($809,288)
===================================================================================
Aging of Accounts Receivable
and Post Petition Accounts Payable
Age in Days (Post Petition) Total 0-30 Days 30-60 Days Over 60 Days
Accounts Payable $990,549 $1,611,549 ($18,000) ($603,000)
Accounts Receivable $8,454,300 $7,091,508 $668,854 $693,938
INTERMET CORPORATION AND SUBSIDIARIES PERIOD ENDED 1/31/2005
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) TOTAL
ACCOUNT # 1477713 5401086409 2770716450 2770716443 505156 2770716633
BANK Bank One Stan. Fed. Stan. Fed. Stan. Fed. Bank One Stan. Fed.
BEGINNING BANK BALANCE - - - - - - -
RECEIPTS 208,942 132,422 - - - - 341,364
TRANSFERS IN (CORPORATE) - - 318,668 37,811 93,351 49,245 499,075
DIP INFLOW - - - - - - -
DISBURSEMENTS - - (318,668) (37,811) (93,351) (49,245) (499,075)
TRANSFERS OUT (CORPORATE) (208,942) (132,422) - - - - (341,364)
DIP REPAYMENT - - - - - - -
---------------------------------------------------------------------------------------------
ENDING BANK BALANCE - - - - - - -
WIRES PAID FOR BY CORPORATE 53,143 53,143
CHECKS ISSUED 360,133
----------
TOTAL DISBURSEMENTS (SEE TOTAL DISBURSEMENTS RECONCILIATION) $ 413,276
==========
OUTSTANDING CHECKS AS OF DECEMBER 31 140,166
VOIDED CHECKS OUTSTANDING AS OF DECEMBER 31 -
CHECKS ISSUED IN JANUARY 360,133
CHECK CLEARED IN JANUARY (318,668)
----------
OUTSTANDING CHECKS AS OF JANUARY 31 (SEE OUTSTANDING CHECKLIST) $ 181,630
==========
INTERMET U.S. HOLDING, INC. (COLUMBUS MACHINING) CASE NO. 04-67598
CASH DISBURSEMENTS
JANUARY 2005
VENDOR TOTAL DISBURSEMENTS
- -------------------------------------------------------------------------------------
ADAIR'S MACHINE $ 2,900.00
ADP 1,651.51
ADVANCE TECHNOLOGIES SE 164.00
AETNA US HEALTHCARE 1,179.20
AFLAC 1,588.24
ALL AMERICAN RECYCLING, 735.00
AMA LABELING 253.58
AMERICAN EYE CARE 50.00
AMERICAN PRECISION TOOL 12,466.62
ATMOS ENERGY 167.01
BELLSOUTH 236.07
BIRDFSALL 34,600.00
CAIL TOOL 114.28
CENTRAL PACKAGING CORP 1,486.72
CHEMGARD, INC 358.53
CINTAS CORPORATION 180.78
COLUMBUS INDUSTRIAL SUP 348.53
COLUMBUS WATER WORKS 807.91
DARRYL KONSLER 1,000.00
DEXTER FASTENER TECH., 41,616.96
DIRECT OPTICAL 50.00
ED LEESON 253.31
FANUC AMERICA CORPORATI 5,001.18
FUTURE LEASING 272.74
G&K SERVICES 1,758.55
GE CAPITAL (GA) 1,451.54
GEORGIA CHILD SUPPORT 360.00
GEORGIA POWER COMPANY 21,005.26
GLOBAL EXCHANGE SERVICE 120.00
GRAINGER 261.92
HAGEMEYER NORTH AMERICA 19,084.48
HONEYWELL SENSOTEC 4,472.64
ICM PETTY CASH 1,214.58
IMPECCABLE MACHINING 80,228.73
INTERSTATE ELECTRIC SUP 166.96
ITC DELTACOM 2,224.69
J & H MACHINE TOOLS INC 1,671.44
KENNAMETAL, INC. 8,077.11
LAB SAFETY SUPPLY, INC 35.56
LAGRANGE FASTENERS & SU 2,408.37
LINA 46.00
MATT'S WELDING 5,668.70
MILLER LANDSCAPING 1,426.67
MSC INDUSTRIAL SUPPLY 34.02
NEC 1,039.99
INTERMET U.S. HOLDING, INC. (COLUMBUS MACHINING) CASE NO. 04-67598
CASH DISBURSEMENTS
JANUARY 2005
VENDOR TOTAL DISBURSEMENTS
- -------------------------------------------------------------------------------------
OKK 858.06
PAPA JOHN'S 147.78
PITNEY BOWES INC 238.96
PRODUCTIVITY PRESS 101.34
PROVIDENT LIFE AND ACCI 384.02
SBA PRODUCTIONS 102.72
SIMPLEX GRINNELL 1,510.00
SOUTHERN STATES TOYOTAL 1,605.00
SOUTHLAND CHEMICAL & SU 1,263.42
SPHERION CORPORATION 22,708.09
THE OVERBY COMPANY 613.91
TRANSMAN LOGISTICS 53,142.76
VEKTEK 922.00
VERIZON WIRELESS COLUMB 879.89
VOICE LINK 195.00
VULCAN ELECTRO-COATING, 582.40
WASTE MANAGEMENT 492.79
YUSA CORPORATION 66,580.80
ZIEGLER TOOLS, INC. 707.45
---------------------
$ 413,275.77
INTERMET U.S. HOLDING, INC.
CASE NO. 04-67598
AT 1/31/05
COLUMBUS MACHINING - BANK RECONCILIATION
Bank Balance $ -
Actual Outstanding Checks 181,630.19
Unadjusted GL Balance 181,630.19
--------------------
$ -
====================
INTERMET U.S. HOLDING, INC.
OUTSTANDING CHECKS
CASE NO. 04-67598
DATE CHECK OUTSTANDING
10/1/2004 77732 $ 83,501.98
1/6/2005 78291 405.00
1/7/2005 78316 99.33
1/12/2005 78319 1,586.50
1/13/2005 78321 19.57
1/13/2005 78322 303.74
1/14/2005 78345 164.00
1/19/2005 78357 676.75
1/21/2005 78368 102.72
1/21/2005 78373 257.83
1/21/2005 78388 330.00
1/24/2005 78389 845.86
1/25/2005 78390 636.75
1/26/2005 78391 64.95
1/26/2005 78392 1,489.16
1/28/2005 78393 34.02
1/28/2005 78398 253.58
1/28/2005 78399 4,260.33
1/28/2005 78400 7,812.00
1/28/2005 78401 705.60
1/28/2005 78402 2,456.20
1/28/2005 78403 101.34
1/28/2005 78404 1,605.00
1/28/2005 78405 187.46
1/28/2005 78406 24,211.20
1/28/2005 78407 254.98
1/28/2005 78408 50.00
1/28/2005 78409 44.22
1/28/2005 78410 391.49
1/28/2005 78412 2,224.69
1/28/2005 78413 2,639.00
1/28/2005 78414 492.79
1/28/2005 78415 41,616.96
1/31/2005 78416 893.67
1/31/2005 78417 185.48
1/31/2005 78418 578.26
1/31/2005 78419 147.78
$ 181,630.19
INTERMET CORPORATION AND SUBSIDIARIES PERIOD ENDED 1/31/2005
MONTHLY CASH STATEMENT
CASH ACTIVITY ANALYSIS: CASE # 04-67598
INTERMET U.S. HOLDING (NEW RIVER)
------------------------------------------------------------------------------------
ACCOUNT TYPE LOCKBOX 771170 DEPOSIT AP PR (HOURLY) PR (SALARY) TOTAL
ACCOUNT # 2915133 5401086417 2770716476 2770716468 2770716641
BANK Bank One Stan. Fed. Stan. Fed. Stan. Fed. Stan. Fed.
BEGINNING BANK BALANCE - - - - - -
RECEIPTS 3,529,405 2,384,602 - 0 - 5,914,008
TRANSFERS IN (CORPORATE) - - 1,977,414 772,460 319,799 3,069,673
DIP INFLOW - - - - - -
DISBURSEMENTS - - (1,977,414) (772,460) (319,799) (3,069,673)
TRANSFERS OUT (CORPORATE) (3,529,405) (2,384,603) - - - (5,914,008)
DIP REPAYMENT - - - - - -
------------------------------------------------------------------------------------
ENDING BANK BALANCE - - - - - -
WIRES PAID FOR BY CORPORATE 3,009,002 3,009,002
CHECKS ISSUED 1,993,142
-----------
TOTAL DISBURSEMENTS (SEE TOTAL DISBURSEMENTS RECONCILIATION) $ 5,002,144
===========
OUTSTANDING CHECKS AS OF DECEMBER 31 56,223
VOIDED CHECKS OUTSTANDING AS OF DECEMBER 31 (736)
CHECKS ISSUED IN JANUARY 1,993,142
CHECK CLEARED IN JANUARY (1,977,414)
-----------
OUTSTANDING CHECKS AS OF JANUARY 31 (SEE OUTSTANDING CHECKLIST) $ 71,214
===========
INTERMET U.S. HOLDING, INC. (NEW RIVER) CASE NO. 04-67598
CASH DISBURSEMENTS
JANUARY 2005
VENDOR TOTAL DISBURSEMENTS
- ------------------------------------------------------------------------------------------
ADVANCED CARBIDE TOOL $ 870.90
ADVANCED MOTOR SERVICES 1,098.53
AETNA US HEALTH CARE 8,792.69
AIR PRODUCTS & CHEMICAL 4,928.91
AIRGAS INC 1,210.92
APPLIED INDUST. TECH 154.61
ARAMARK UNIFORM SERVICE 453.20
ARCET 920.01
AT&T 4,952.10
ATCO INDUSTRIES 19,917.18
ATHENA HOWARD MD 171.00
ATMOS ENERGY 6,040.27
ATMOS ENERGY MARKETING 129,052.62
BEST ONE TIRE 5,049.00
BLUE RIDGE COPIER 6,449.40
BLUEFIELD GEAR & MACHINE 8,003.32
BOB'S REFUSE SERVICE IN 759.39
CANON FINANCIAL 534.34
CARILION HEALTHCARE CORP. 190.00
CAROLINA FIREBRICK SPEC 5,800.00
CARRIER VIBRATING EQUIP 3,536.70
CARTER MACHINERY 8,203.00
CARTER MACHINERY CO INC. 8,639.42
CC METALS AND ALLOYS IN 44,330.62
CENTRAL VALLEY RUBBER S 41,935.04
CHAMPION CHISEL WORKS, 3,696.00
CHICAGO FREIGHT CAR LEA 3,507.06
CITICORP VENDOR FINANCE 2,030.27
CITY OF RADFORD 397,804.48
CITY OF RADFORD 305.08
COMFORT INN RADFORD 2,003.69
COMMONWEALTH OF VIRGINIA 352.58
COMMONWEALTH OF VIRGINIA 74.89
DAVID J JOSEPH COMPANY 1,201,403.82
DETEK INC. 525.00
DHL EXPRESS INC 196.04
DIDION INTERNATIONAL 10,000.00
DISA INDUSTRIES, INC 53,012.05
DONNIE'S GARAGE 212.88
EIRICH MACHINES 6,744.30
ELKEM METALS INC. 41,351.31
EMI EQUIPMENT MERCHANTS 2,916.53
ENGINEERING DESIGN SYS 965.00
ENVIRITE OF OHIO 1,783.82
ENVIRONMENTAL ENGINEERI 2,882.23
INTERMET U.S. HOLDING, INC. (NEW RIVER) CASE NO. 04-67598
CASH DISBURSEMENTS
JANUARY 2005
VENDOR TOTAL DISBURSEMENTS
- ------------------------------------------------------------------------------------------
ENVIRONMENTAL OPTIONS INC. 2,270.00
FAIRLAWN STORAGE 224.00
FAULKNER IND MAINTENANC 6,971.36
FRENCH, LYDIA 148.48
G E CAPITAL 16,747.78
G.A. BOSTIC INC 188.93
H.C. WADE 6,975.97
HA INTERNATIONAL, LLC 44,809.54
HAMLEY, JEFF 34.50
HARRIS MECH. CONTRACTORS 400.00
HEAT TREATING SERVICES 30,229.73
HEATH OIL LLC 5,614.75
HELBLING, RICHARD H 225.00
HENLEY TOOL CORP. 390.00
HERAEUS ELECTRO NITE CO 8,250.00
HICKMAN, WILLIAMS AND CO 450.00
HIGHLAND PAGING 382.32
HILL AND GRIFFITH CO. 77,148.47
INDUCTOTHERM CORP. 2,852.30
INDUSTRIAL POWDER COATI 113,498.82
INDUSTRIAL SORTING SERVICES,IN 1,215.00
INDUSTRIAL SUPPLY CORP 176,364.00
INTERNATIONAL SURFACE P 5,867.98
KOINS CORPORATION 21,993.00
KWIK KAFE CO 23.50
LABORATORY CORP OF AMER 82.50
LIFT ONE/DIVISION CAROL 23,902.21
LINA. 74.00
MASTER GAGE & TOOL CO. 570.00
MCC 9,969.25
MCELROY,JOHN C 420.56
METOKOTE CORPORATION 6,280.37
MILLENIUM TECHNOLOGIES 3,500.00
MILLER AND COMPANY LLC 119,031.85
MONTOGOMERY SANITATION 69.90
MOORE SPECIALTY 2,150.00
MORRIS MATERIAL HANDLIN 913.01
MOUNTAIN SPRINGS 240.00
National Material Trading 82,035.81
NEW RIVER SOLID WASTE M 66,169.29
NIECE, EDDIE 158.35
NORFOLK SOUTHERN (NC) 7,960.00
NORTHBEND PATTERN WORKS $ 573,087.00
Omnisource Corporation 1,163,058.28
PATTERN SERVICES 6,020.00
PEARSON, MURRAY 1,105.00
INTERMET U.S. HOLDING, INC. (NEW RIVER) CASE NO. 04-67598
CASH DISBURSEMENTS
JANUARY 2005
VENDOR TOTAL DISBURSEMENTS
- ------------------------------------------------------------------------------------------
PIEDMONT FOUNDRY SUPPLY 300.00
POTOMAC ENVIRONMENTAL, 2,348.50
PrimeTrade 84,852.80
PROCHEM ANALYTICAL INCO 210.00
PRODUCT ACTION 1,389.00
PROFORMA 5.88
PROVIDENT LIFE 2,058.73
QUALITY EQUIPMENT DISTR 2,800.00
RADFORD CITY FLORIST 57.70
RADFORD STORAGE 160.00
RADIOLOGY CONSULTANTS I 367.00
REAR, MICKEY 200.00
REBECCA CONNELLY 750.00
REMTRON, INC 2,900.99
RENTAL SERVICE CORP (RS 1,548.11
RICHFIELD INDUSTRIES 5,958.12
RITENOUR, GINNY 151.26
SAFETY & COMPLIANCE 2,265.00
SAFETY-KLEEN CORP. 213.65
SAF-GARD SAFETY SHOE CO 369.96
SAVEITNOW 1,432.29
SAVILLE, MITCH 294.66
SCI-MED WASTE SYSTEMS, INC. 25.00
SCOTT BOERTH MD 172.00
SECURITY FORCES INC 11,403.03
SECURITY SCALE SERVICE 932.25
SHIPMAN, ROLLIN C 161.00
SIMPSON, WILLIAM A 1,891.60
SOUTHWESTERN VA. GAS SE 1,715.60
SPARKLE WASH OF THE VALLEY 65.00
TATE ENGINEERING INC 0.78
TENCARVA MACHINERY CO -
THOMPSON CHRYSLER-PLYMO 354.99
Thompson Tire 3,942.00
TJ'S TRUCK & AUTO SERVI 185.00
TOMLIN, LINDA 246.01
TRANS MAN LOGISTICS, INC. 122,404.75
TWO WAY RADIO INC 390.00
UNITED INDUSTRIAL SERVI 20,007.61
UNITED REFRACTORIES COM 14,100.40
UNITED WAY SAL 210.00
VA DEPT OF TAXATION 490.82
VA. DEPT OF TAXATION 12,580.23
VERIZON (17577) 4,771.32
VERIZON WIRELESS 71.68
VICTORIA SOWERS 310.00
INTERMET U.S. HOLDING, INC. (NEW RIVER) CASE NO. 04-67598
CASH DISBURSEMENTS
JANUARY 2005
VENDOR TOTAL DISBURSEMENTS
- ------------------------------------------------------------------------------------------
W. MATTHEW SKEWES, MD 1,312.60
WEDRON SILICA-FAIRMOUNT 40,488.00
WHEELABRATOR ABRASIVES 14,520.00
WILLIAM A. KIBBE & ASSO 615.00
WILLIAM K DOSS III 735.72
WISE AIR, INC. 3,575.00
------------------------
$ 5,002,144.05
INTERMET U.S. HOLDING, INC.
CASE NO. 04-67598
AT 1/31/05
NEW RIVER - BANK RECONCILIATION
Bank Balance $ -
Actual Outstanding Checks 71,214.37
Misc. Reconciling Items Adjusted in February
(796.76)
- --------------------------------------------------------------------
70,417.61
Unadjusted GL Balance 70,417.61
--------------------
Difference $ -
====================
NEW RIVER
OUTSTANDING CHECKS
CASE NO. 04-67598
DATE CHECK OUTSTANDING
10/6/2004 103029 $ 908.00
1/26/2005 103053 185.00
1/27/2005 103055 2,902.00
10/14/2004 103122 180.00
11/19/2004 103627 403.12
12/14/2004 103963 1,000.00
12/16/2004 104012 81.09
12/28/2004 104141 54.87
1/5/2005 104180 3,500.00
1/11/2005 104287 2,800.00
1/19/2005 104375 171.00
1/19/2005 104399 43.13
1/20/2005 104413 188.93
1/21/2005 104425 1,008.80
1/21/2005 104453 1,215.00
1/25/2005 104475 1,142.27
1/25/2005 104482 4,734.25
1/25/2005 104484 750.00
1/25/2005 104486 240.00
1/25/2005 104488 310.00
1/25/2005 104490 90.82
1/25/2005 104491 3,575.00
1/26/2005 104497 6,040.27
1/26/2005 104498 12,334.96
1/26/2005 104501 151.26
1/27/2005 104509 148.48
1/27/2005 104510 636.80
1/27/2005 104514 1,742.50
1/27/2005 104515 2,348.50
1/27/2005 104516 1,937.74
1/27/2005 104517 120.00
1/28/2005 104523 89.73
1/28/2005 104524 5,996.60
1/31/2005 104531 341.65
1/31/2005 104532 332.42
1/31/2005 104533 331.80
1/31/2005 104534 14.53
1/31/2005 104537 5,155.11
1/31/2005 104542 3,210.08
1/31/2005 104543 197.34
1/31/2005 104544 2,150.00
1/31/2005 104546 1,715.60
1/31/2005 104547 735.72
$ 71,214.37
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: JANUARY 31, 2005
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.)
Name: INTERMET U.S. HOLDING, INC. Capacity: ___ Shareholder
Case Number: 04-76598 ___ 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 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
Dated: FEBRUARY 28, 2005 ___________________________________________
PRINCIPAL, OFFICER, DIRECTOR, OR INSIDER
Form 6
Intermet U.S. Holding, Inc.
Case Number: 04-76598
Intermet Corporation and Subsidiaries
Schedule of In-Force Insurance
INSURANCE TYPE CARRIER POLICY PERIOD
- -------------- ------- -------------
Property Lloyds 11/1/04-11/1/05
Boiler/Machine Hartford 11/1/04-11/1/05
Cargo Fireman's Fund 11/1/04-11/1/05
Truck Cargo Fireman's Fund 11/1/04-11/1/05
Aviation USAIG 11/1/04-11/1/05
Fiduciary St. Paul 11/1/04-11/1/05
Primary D&O St. Paul 11/1/04-11/1/05
Excess D&O Chubb 11/1/04-11/1/05
Excess D&O Platte River 11/1/04-11/1/05
Crime AIG 12/1/04-12/1/05
General Liability ACE 12/22/04-12/22/05
Umbrella National Union 12/22/04-12/22/05
Workers' Comp ACE 12/22/04-6/22/05
Excess Workers' Comp ACE 12/22/04-12/22/05
Auto ACE 12/22/04-12/22/05
Foreign (DIC) ACE 12/22/04-12/22/05
Note: This list does not include In-Force Insurance for Foreign Subsidiaries.
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 JANUARY 31, 2005:
IN RE: )
INTERMET CORPORATION, ET AL ) CASE NO: 04-67603
) Chapter 11
) Judge: Marci B. McIvor
IRONTON IRON, INC. )
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 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 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
is true and correct to the best of my information and belief.
Dated: FEBRUARY 28, 2005 /s/ Robert E. Belts
--------------------------------------------
Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- --------------
Title Phone
Intermet Corp. and Subsidiaries
Operating Statement
For the Month Ended 01-31-05
($000's)
CASE #04-67603
IRONTON
IRON
----------------------------------
Current Month Total Since Filing
------------- ------------------
Net Sales $ 0 $ 0
Cost of Goods Sold
Materials and Freight -- --
Wages - Hourly -- --
Wages-Salary -- --
Employee Benefits and Pension -- --
Repairs & Maintenance -- --
Supplies -- --
Utilities -- --
Purchased Components/Services -- --
Income(loss) from Pattern Sales -- --
Fixed Asset - (gain/loss) -- --
MIS Expense -- --
Travel & Entertainment -- --
Other Variable Costs -- (37)
Depreciation & Amortization -- --
Other Allocated Fixed Costs -- --
Other Fixed Costs -- --
---- ------
Cost of Goods Sold -- (37)
Gross Profit -- 37
Plant SG&A Expense -- (3)
SG&A Expense - Allocation (Sched 1) -- --
Other Operating Expenses 4 345
---- ------
Total Operating Expenses 4 342
Operating Profit (4) (305)
Outside Interest Income -- --
Outside Interest (Expense) -- --
Intercompany Interest Income -- --
Intercompany Interest (Expense) -- --
Charges (From) Affiliates -- --
Charges To Affiliates -- --
Income/Loss From European Operations -- --
Other Income/(Expense) -- --
---- ------
Total Non-Operating Expenses -- --
Income Before Income Taxes (4) (305)
Income Tax Expense -- --
---- ------
Net Income ($4) ($305)
==== ======
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs January
(Allocation of Corporate Costs to Filing Entities)
(000's)
JANUARY
-------
Officer Compensation $ 189
Salary Expense other Employees 1,097
Employee Benefits and Pension 145
Payroll Taxes 96
Other Taxes 5
Rent and Lease Expense 185
Interest Expense
Insurance 36
Automobile and Truck Expense 11
Utilities(Gas Electric,Phone) 32
Depreciation 73
Travel and Entertainment 58
Repairs and Maintenance 111
Advertising/Promotion 0
Supplies, Office Expense 33
OTHER:
Contributions 0
Professional Fees - Audit/Tax 131
Bank Fees 24
Public Reporting Fees 16
Employee Relocation/Training 0
Data Processing 20
Dues and Subscriptions 20
Outside Services 129
Project Development Costs net of Billings 133
Director Fees 25
Miscellaneous 5
Professional Fees - Bankruptcy (157)
Cost Allocation - Out (244)
------
$2,174
======
Allocation:
Wagner Castings 191
Northern Castings 50
Ironton Iron 0
Lynchburg Foundry 193
Columbus Foundry 313
Wagner Havana 0
Intermet U.S. Holdings 259
Cast-Matic Corp. 82
Diversified Diemakers 257
Ganton Technologies 168
Tool Products 137
Intermet Corporation 524
------
Total $2,174
======
INTERMET Corp. and Subsidiaries
Balance Sheet as of 1-31-05
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 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 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 0
Senior & IDR Bonds 0
--------
TOTAL UNSECURED LIABILITIES 0
OTHER LIABILITIES
Accrued Liabilities 0
Short-Term Intercompany Payables 0
Capital Leases 0
Retirement Benefits 0
Deferred Taxes - Long-Term Liability 0
Other Long-Term Liabilities 0
Long-Term Intercompany Payables 33,239
Minority Interest 0
--------
TOTAL LIABILITIES 33,990
Common Stock 0
Capital In Excess Of Par Value 49,000
Retained Earnings - Prepetition (82,685)
Retained Earnings - Post Petition (305)
Equity In European Operations
Accumulated Translation Adjustment 0
Minimum Pension Liability Adjustment 0
Unearned Restricted Stock 0
--------
TOTAL SHAREHOLDER EQUITY (33,990)
--------
TOTAL LIABILITIES AND EQUITY $ 0
========
PERIOD ENDED: 1-31-05 IRONTON IRON, INC. CASE #04-67603
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
12/31/2004 Withheld Deposits 1/31/2005
---------- ---------- ---------- ---------
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 CASH STATEMENT
Period Ending: JANUARY 31, 2005
IRONTON IRON, INC.
Case Number: 04-67603
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) _______ _______ _____ __________ __________
E. Ending Balance
(C-D) N/A - COMPANY HAS NO BANK ACCOUNT
(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: FEBRUARY 28, 2005 ________________________________________
Debtor in Possession
Form 5
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: JANUARY 31, 2005
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.)
Name: IRONTON IRON, INC. Capacity: ___ Shareholder
Case Number: 04-67603 ___ 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 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
Dated: FEBRUARY 28, 2005 ________________________________________
PRINCIPAL, OFFICER, DIRECTOR, OR INSIDER
Form 6
Ironton Iron, Inc.
Case Number: 04-67603
Intermet Corporation and Subsidiaries
Schedule of In-Force Insurance
INSURANCE TYPE CARRIER POLICY PERIOD
- -------------------- -------------- -----------------
Property Lloyds 11/1/04-11/1/05
Boiler/Machine Hartford 11/1/04-11/1/05
Cargo Fireman's Fund 11/1/04-11/1/05
Truck Cargo Fireman's Fund 11/1/04-11/1/05
Aviation USAIG 11/1/04-11/1/05
Fiduciary St. Paul 11/1/04-11/1/05
Primary D&O St. Paul 11/1/04-11/1/05
Excess D&O Chubb 11/1/04-11/1/05
Excess D&O Platte River 11/1/04-11/1/05
Crime AIG 12/1/04-12/1/05
General Liability ACE 12/22/04-12/22/05
Umbrella National Union 12/22/04-12/22/05
Workers' Comp ACE 12/22/04-6/22/05
Excess Workers' Comp ACE 12/22/04-12/22/05
Auto ACE 12/22/04-12/22/05
Foreign (DIC) ACE 12/22/04-12/22/05
Note: This list does not include In-Force Insurance for Foreign Subsidiaries.
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 JANUARY 31, 2005:
IN RE: )
INTERMET CORPORATION, ET AL ) CASE NO: 04-67606
) Chapter 11
) Judge: Marci B. McIvor
LYNCHBURG FOUNDRY, INC. )
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 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 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
is true and correct to the best of my information and belief.
Dated: FEBRUARY 28, 2005 /s/ Robert E. Belts
--------------------------------------------
Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- --------------
Title Phone
Intermet Corp. and Subsidiaries
Operating Statement
For the Month Ended 01-31-05
($000's)
CASE #04-67606
LYNCHBURG
FOUNDRY
----------------------------------
Current Month Total Since Filing
------------- ------------------
Net Sales $8,351 $ 30,458
Cost of Goods Sold
Materials and Freight 3,781 14,535
Wages - Hourly 1,273 4,820
Wages-Salary 331 1,316
Employee Benefits and Pension 921 3,677
Repairs & Maintenance 445 1,878
Supplies 561 2,222
Utilities 391 1,187
Purchased Components/Services 163 716
Income(loss) from Pattern Sales (8) (3)
Fixed Asset - (gain/loss) -- (40)
MIS Expense 34 147
Travel & Entertainment 1 4
Other Variable Costs 290 2,123
Depreciation & Amortization 209 848
Other Allocated Fixed Costs -- --
Other Fixed Costs 119 462
------ --------
Cost of Goods Sold 8,511 33,892
Gross Profit (160) (3,434)
Plant SG&A Expense -- --
SG&A Expense - Allocation (Sched 1) 193 730
Other Operating Expenses -- 260
------ --------
Total Operating Expenses 193 990
Operating Profit (353) (4,424)
Outside Interest Income -- --
Outside Interest (Expense) -- --
Intercompany Interest Income -- --
Intercompany Interest (Expense) (26) (85)
Charges (From) Affiliates -- --
Charges To Affiliates -- --
Income/Loss From European Operations -- --
Other Income/(Expense) 9 9
------ --------
Total Non-Operating Expenses (17) (76)
Income Before Income Taxes (370) (4,500)
Income Tax Expense -- --
------ --------
Net Income ($370) ($4,500)
====== ========
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs January
(Allocation of Corporate Costs to Filing Entities)
(000's)
January
-------
Officer Compensation $ 189
Salary Expense other Employees 1,097
Employee Benefits and Pension 145
Payroll Taxes 96
Other Taxes 5
Rent and Lease Expense 185
Interest Expense
Insurance 36
Automobile and Truck Expense 11
Utilities(Gas Electric,Phone) 32
Depreciation 73
Travel and Entertainment 58
Repairs and Maintenance 111
Advertising/Promotion 0
Supplies, Office Expense 33
OTHER:
Contributions 0
Professional Fees - Audit/Tax 131
Bank Fees 24
Public Reporting Fees 16
Employee Relocation/Training 0
Data Processing 20
Dues and Subscriptions 20
Outside Services 129
Project Development Costs net of Billings 133
Director Fees 25
Miscellaneous 5
Professional Fees - Bankruptcy (157)
Cost Allocation - Out (244)
------
$2,174
======
Allocation:
Wagner Castings 191
Northern Castings 50
Ironton Iron 0
Lynchburg Foundry 193
Columbus Foundry 313
Wagner Havana 0
Intermet U.S. Holdings 259
Cast-Matic Corp. 82
Diversified Diemakers 257
Ganton Technologies 168
Tool Products 137
Intermet Corporation 524
------
Total $2,174
======
INTERMET Corp. and Subsidiaries
Balance Sheet as of 1-31-05
CASE #04-67606
--------------
LYNCHBURG
FOUNDRY
--------------
Cash And Equivalents $ 0
Accounts Receivable 8,587
Short-Term Intercompany Receivables 49
Inventories 4,781
Other Current Assets 198
--------
TOTAL CURRENT ASSETS 13,615
Land and Buildings 19,915
Machinery & Equipment 53,034
Construction In Progress 14
--------
Total Fixed Assets 72,963
Accumulated Depreciation (58,163)
--------
NET FIXED ASSETS 14,800
Investment In Subsidiaries 0
Investment In European Operations 0
Long-Term Intercompany Receivables 1,383
Deferred Taxes, Long-Term Asset 0
Other Assets 226
--------
TOTAL ASSETS $ 30,024
========
LIABILITIES AND SHAREHOLDER EQUITY
POST PETITION LIABILITIES
Accounts Payable $ 653
Wages and Salaries (See schedule) 362
Taxes Payable - (See schedule) 381
--------
TOTAL POST PETITION LIABILITIES 1,396
SECURED LIABILITIES:
SECURED 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. 1,898
Accrued Payroll 0
Accrued Payroll Taxes 0
--------
TOTAL TAXES AND OTHER PRIORITY LIABILITIES 1,898
UNSECURED LIABILITIES
Accounts Payable 7,589
Senior & IDR Bonds 0
--------
TOTAL UNSECURED LIABILITIES 7,589
OTHER LIABILITIES
Accrued Liabilities 2,514
Short-Term Intercompany Payables 31
Capital Leases 0
Retirement Benefits 271
Deferred Taxes - Long-Term Liability 0
Other Long-Term Liabilities 2,341
Long-Term Intercompany Payables 73
Minority Interest 0
--------
TOTAL LIABILITIES 16,113
Common Stock 0
Capital In Excess Of Par Value 0
Retained Earnings - Prepetition 18,411
Retained Earnings - Post Petition (4,500)
Equity In European Operations 0
Accumulated Translation Adjustment 0
Minimum Pension Liability Adjustment 0
Unearned Restricted Stock 0
--------
TOTAL SHAREHOLDER EQUITY 13,911
--------
TOTAL LIABILITIES AND EQUITY $ 30,024
========
PERIOD ENDED: 1-31-05 LYNCHBURG FOUNDRY (ARCHER CREEK) CASE #04-67606
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
12/31/04 Withheld Deposits 01/31/05
--------- ----------- ---------- ---------
Income tax withheld: Federal $ 0 ($ 181,996) $ 181,996 $ 0
Income tax withheld: State 0 (69,552) 69,552 0
Income tax withheld: Local 0 0 0 0
FICA Withheld 0 (115,537) 115,537 0
Employers FICA (9,659) (136,040) 116,294 (29,405)
Unemployment Tax: Federal (1,011) (14,283) 0 (15,294)
Unemployment Tax: State (8,366) (101,455) 0 (109,821)
All Other Payroll W/H (29,648) (84,193) 82,776 (31,066)
State Taxes: Inc./Sales/Use/Excise (45,416) (3,000) 732 (47,684)
Property Taxes 0 (25,262) 0 (25,262)
Workers Compensation (70,500) (31,750) 0 (102,250)
--------- ----------- ---------- ---------
Total ($164,600) ($ 763,068) $ 566,887 ($360,782)
Wages and Salaries (126,372) (1,708,888) 1,473,424 (361,836)
--------- ----------- ---------- ---------
Grand Total ($290,973) ($2,471,955) $2,040,310 ($722,617)
========= =========== ========== =========
Aging of Accounts Receivable
and Post Petition Accounts Payable
Age in Days (Post Petiition) Total 0-30 Days 30-60 Days Over 60 Days
- ---------------------------- ---------- ------------ ---------- ------------
Accounts Payable $ 653,299 649,298.57 4,000.00 --
Accounts Receivable $8,897,010 8,676,574.63 10,443.62 209,991.39
PERIOD ENDED: 1-31-05 LYNCHBURG FOUNDRY (RADFORD) CASE #04-67606
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
12/31/2004 Withheld Deposits 1/31/2005
---------- ---------- ---------- ---------
Income tax withheld: Federal $ 0 ($ 1,140) $1,140 $ 0
Income tax withheld: State 0 (505) 505 0
Income tax withheld: Local 0 0 0 0
FICA Withheld 0 (810) 810 0
Employers FICA 0 (810) 810 0
Unemployment Tax: Federal 0 0 0 0
Unemployment Tax: State 0 0 0 0
All Other Payroll W/H (1,762) (319) 2,081 0
State Taxes: Inc./Sales/Use/Excise 0 0 0 0
Property Taxes (10,491) (10,000) 0 (20,491)
Workers Compensation 0 0 0 0
-------- ------- ------ ---------
Total ($12,254) ($13,584) $5,346 ($20,491)
Wages and Salaries 0 0 0 0
-------- ------- ------ ---------
Grand Total ($12,254) ($13,584) $5,346 ($20,491)
======== ======= ====== =========
Aging of Accounts Receivable
and Post Petition Accounts Payable
Age in Days Total 0-30 Days 30-60 Days Over 60 Days
- -------------------------------- ------- --------- ---------- ------------
Accounts Payable - Post Petition $ 0 $0 $0 $ 0
Accounts Receivable -Pre & Post $37,500 $0 $0 $37,500
INTERMET CORPORATION AND SUBSIDIARIES PERIOD ENDED 1/31/2005
MONTHLY CASH STATEMENT
CASH ACTIVITY ANALYSIS:
CASE # 04-67606
LYNCHBURG FOUNDRIES - ARCHER CREEK
-----------------------------------------------
ACCOUNT TYPE LOCKBOX 77314 DEPOSIT AP
ACCOUNT # 1599583 5401086466 2770716393
BANK Bank One - Inactive Stan. Fed. Stan. Fed.
------------ ------------------- ----------- -----------
BEGINNING BANK BALANCE -- -- --
RECEIPTS -- 2,711,332 --
TRANSFERS IN (CORPORATE) -- -- 1,550,350
DIP INFLOW -- -- --
DISBURSEMENTS -- -- (1,550,350)
TRANSFERS OUT (CORPORATE) -- (2,711,332) --
DIP REPAYMENT -- -- --
--- ----------- ---------
ENDING BANK BALANCE -- -- --
CASE # 04-67606
LYNCHBURG FOUNDRIES - ARCHER CREEK
--------------------------------------
ACCOUNT TYPE PR (HOURLY) PR (SALARY)
ACCOUNT # 2770716385 2770716690
BANK Stan. Fed. Stan. Fed. TOTAL
------------ ----------- ----------- ----------
BEGINNING BANK BALANCE -- -- --
RECEIPTS 4,257 -- 2,715,589
TRANSFERS IN (CORPORATE) 1,319,954 361,651 3,231,955
DIP INFLOW -- -- --
DISBURSEMENTS (1,324,211) (361,651) (3,236,212)
TRANSFERS OUT (CORPORATE) -- -- (2,711,332)
DIP REPAYMENT -- -- --
--------- ------- ---------
ENDING BANK BALANCE -- -- (0.00)
WIRES PAID FOR BY CORPORATE 4,932,084
CHECKS ISSUED 1,411,999
-----------
TOTAL DISBURSEMENTS (SEE TOTAL DISBURSEMENTS RECONCILIATION) $ 6,344,083
===========
OUTSTANDING CHECKS AS OF DECEMBER 31 632,686
VOIDED CHECKS OUTSTANDING AS OF DECEMBER 31 (2)
CHECKS ISSUED IN JANUARY 1,411,999
CHECK CLEARED IN JANUARY (1,550,350)
-----------
OUTSTANDING CHECKS AS OF JANUARY 31 (SEE OUTSTANDING CHECKLIST) $494,332.84
===========
LYNCHBURG FOUNDRY, INC.(ARCHER CREEK) CASE NO. 04-67606
CASH DISBURSEMENTS
JANUARY 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
AC CONTROLS CO $ 455.99
ACTION MACHINERY 1,511.41
ADVANCED CARBIDE TOOL 6,076.86
ADVANCED COMMUNICATIONS & ELEC 236.63
AETNA U.S. HEALTHCARE 13,517.66
AFP INDUSTRIES 438.46
AG JEFFERSON 494.90
AGFA NDT, INC 2,822.66
AIR MONITOR CORPORATION 801.95
AIR PRODUCTS AND CHEMICALS 2,339.81
AIRGAS MID-AMERICA 1,617.85
ALABAMA BY-PRODUCTS 416,630.14
ALLENTOWN EQUIPMENT 30.13
ALLIED MINERAL PRODUCTS 22,947.74
ALLOR MFG 1,998.88
ALLTEL 291.47
ALPHA OMEGA RESOURCES 2,190.75
AMERICAN ELECTRIC POWER 176,743.05
AMERICAN FOUNDRY SOCIETY 45.00
AMERICAN INSTRUMENT CORP 52.71
AMERIGAS - LYNCHBURG-MONROE 13,023.90
AMX PERFORMANCE CO 705.00
APPARATUS REPAIR SERVICES 1,700.00
APPLIED IND. TECHNOLOGIES 14,381.10
APPOMATTOX GENERAL DISTRICT COURT 108.74
APPOMATTOX GLASS & STOREFRONT 329.75
ARAMARK UNIFORM SERVICES 2,294.26
ARCET EQUIPMENT 1,640.71
AT&T 600.77
ATLANTIC COAST TOYOTALIFT 3,466.60
ATL-EAST TAG & LABEL 532.77
ATMOSPHERE ANNEALING 2,918.54
AUTOCOM MANUFACTURING 238,420.20
BANKS COMPANY 498.52
BARKER-JENNINGS 7,565.09
BFI 35,798.90
BMG METALS 6,331.38
BOND, CYNTHIA GALLIER 277.14
BOULEVARD PROPERTIES 821.25
BOWMAN LOCKSMITH 13.52
BOXLEY AGGREGATES 8,255.59
BRC COMPANY 24,459.37
BRENNTAG SOUTHEAST 957.78
BRIGHTWELL, FLORELLA 17.00
BWI DISTRIBUTION, INC 750.00
LYNCHBURG FOUNDRY, INC.(ARCHER CREEK) CASE NO. 04-67606
CASH DISBURSEMENTS
JANUARY 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
C ARTHUR WEAVER 1,265.84
C H WHITE CONSTRUCTION 8,500.00
C&C TOOL & SUPPLY 92.66
CALLOWAY, SHERMAN E., SR. 621.00
CAMPBELL COUNTY TREASURER 1,398.52
CAMPBELL GEN DISTRICT COURT 256.29
CAMPBELL, DELANO, JR 100.00
CAMPBELL-PAYNE 536.64
CANDLER OIL 27,998.56
CAPP, INC. 412.90
CARCO INC 197.42
CARLTON GROUP 5,500.00
CAROLINA FLUID COMPONENTS 138.32
CARTER MACHINERY 9,780.98
CASTEC, INC 855.20
CC METALS & ALLOYS 151,670.46
CEILCOTE AIR POLLUTION 260.62
CENTRA HEALTH 93.57
CENTRAL TRANSPORT 427.31
CENTRAL VA COMMUNITY COLLEGE 1,298.65
CENTRAL VA FAMILY PHYSICIANS 240.61
CENTRAL VA INDUSTRIES 1,120.63
CHAMPION CHISEL WORKS 1,685.20
CHEMICALS & SOLVENTS 404.95
CHICAGO FREIGHT CAR LEASING 5,923.31
CITY OF LYNCHBURG 265.00
CLARENCE E. WILLIAMS 4,731.54
COLE-PALMER INSTRUMENT 347.95
COLUMBIA GAS 7,464.48
COMMERICAL STEEL ERECTION 28,000.00
CONSUMER DORIN ADAMS 27,083.66
CONTROL CHIEF CORP 2,374.93
CONTROL CORP OF AMERICA 907.89
CONTROL EQUIPMENT CO 296.70
CROSS SALES & ENGINEERING 601.55
CSXT 75.00
DAVID J. JOSEPH 2,113,400.54
DAY-TIMERS 784.89
DETEK 1,203.00
DICK HARRIS & SON TRUCK 14,829.96
DIKE-O-SEAL 926.42
DM&E RAILROAD 69,138.04
DODSON BROS. EXTERMINATING 708.00
DRS. NEWMAN, BLACKSTOCK 151.00
EASTERN N D T INC 566.70
ECK SUPPLY 8,799.88
LYNCHBURG FOUNDRY, INC.(ARCHER CREEK) CASE NO. 04-67606
CASH DISBURSEMENTS
JANUARY 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
EDWARDS MEDICAL SUPPLY 52.56
EDWARDS, JOHNNY L. 100.00
ELECTRIC MELTING 900.98
ELECTRONICS REPAIR CENTER 440.00
ELECTRO-NITE CO 495.00
ELKEM METALS 106,229.56
ELY CRANE AND HOIST 805.99
ENGINEERING CHEMISTRY 1,613.00
EQUIPMENT MERCHANTS 2,142.00
EQUIPMENT MERCHANTS, INTL 2,828.70
EUTECTIC CORPORATION 348.16
FAMILY SUPPORT REGISTRY 543.24
FARGO WEAR 21,348.24
FARM SERVICE CO. 171.85
FEI LYNCHBURG #75 394.15
FERBEE-JOHNSON CO 4,814.19
FILTRATION TECHNOLOGY 481.28
FIRE & SAFETY EQUIPMENT 1,505.40
FOSECO 57,264.48
FOSTER ELECTRIC CO 1,769.77
FREEMAN MFG & SUPPLY 83.79
FRISCHKORN, INC 47.40
G E SUPPLY 296.45
G. NEIL DIRECT MAIL, INC 57.93
G.E. CAPITAL 7,228.00
GAS EQUIPMENT SUPPLY CO 49.77
GENERAL KINEMATICS 9,901.88
GENESIS ADVANTAGE SERVICES 653.09
GILMER SUPPLY 1,240.61
GLOBAL STONE JAMES RIVER 8,000.00
GLOBE METALLURGICAL 246,024.00
H.R. DIRECT 76.50
HA INTERNATIONAL 37,877.65
HACH CHEMICAL COMPANY 55.50
HAJOCA CORPORATION 577.58
HALIFAX GENERAL DISTRICT COURT 351.59
HARBISON-WALKER REFRACTORIES 12,546.84
HELEN P. PARRISH 207.00
HERAEUS ELECTRO-NITE CO 11,985.19
HERBERT L. BESKIN 7,481.00
HI TECH MACHINING, LLC 4,880.45
HILL AND GRIFFITH 12,163.39
HOMESTEAD MATERIALS HANDLING 1,065.00
HOPKINS, WILLIAM D 136.90
HORSEHEAD RESOURCE DVLP 4,200.00
HUBBELL INDUSTRIAL CONTROLS 2,163.08
LYNCHBURG FOUNDRY, INC.(ARCHER CREEK) CASE NO. 04-67606
CASH DISBURSEMENTS
JANUARY 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
I.A.M. NATIONAL PENSION FUND 1,865.75
INDUSTRIAL CONTROLS 2,327.40
INDUSTRIAL SUPPLY CORP 4,968.94
INGERSOLL-RAND CO 119.36
INTERNATIONAL ASSOC 432.00
INTERSTATE BATTERY 95.85
INT-L SURFACE CORPORATION 5,742.37
IPSWITCH, INC 125.00
J S PRODUCTS 82.49
J.P. NISSEN CO 105.21
JACKSON WANDA K 396.92
JACKSON, LAWRENCE 215.00
JAMES D. ENGLISH 9,993.45
JAMES T. DAVIS 676.50
JDN LEASING 3,500.00
JEFFERSON GALLERIES 2,460.98
JOHN E. FOLTZ 30.00
JOHNSON DIVERSE/DUBOIS 3,217.50
JUNIOR ACHIEVEMENT 84.00
KEETER-DIXON-PEARRE 370.00
KENT RUDBECK 480.00
LAWRENCE EQUIPMENT 950.27
LEWIS, ANGELA V. 369.20
LINA 216.50
LINDA TOMLIN 307.83
LIVINGSTON AND HAVEN 189.25
LYNCHBURG GEN. DISTRICT COURT 108.73
LYNCHBURG INTERNAL MEDICINE 350.00
LYNCHBURG RAMADA INN 420.00
LYNCHBURG READY MIX 301.00
LYNCHBURG REGIONAL CHAMBER OF COMMERCE 589.50
M & R CONSTRUCTORS INC 25,140.00
MAGNETEK INDUSTRIAL CONTROLS 1,170.87
MANPOWER 953.04
MARSH, ALFRED 90.00
MAXIM SYSTEMS 140.34
MAYBERRY, SUSIE 154.46
MCMASTER-CARR SUPPLY 90.83
MEDICAL ASSOCIATES OF CENTRAL VA 350.00
METAL MARKER MFG 1,856.65
METSO MINERALS IND 310.73
MILLENIUM TECNOLOGIES 3,500.00
MONROE, SARAH 2,658.48
MOORE'S MACHINE CO 11,714.00
MOTION INDUSTRIES 1,286.98
NABTESCO MOTION CONTROL, INC 236.98
LYNCHBURG FOUNDRY, INC.(ARCHER CREEK) CASE NO. 04-67606
CASH DISBURSEMENTS
JANUARY 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
NATIONAL AUTO PARTS 317.10
NATIONAL MATERIAL TRADING 118,921.46
OMNISOURCE FT WAYNE 1,047,509.68
PALLETONE OF VA 4,933.04
PGS, INC 37.95
PIEDMONT FOUNDRY SUPPLY 62,656.24
PIEDMONT PLASTICS 1,349.75
PITNEY BOWES CREDIT CORP 3,278.00
PORTER WARNER IND 87,420.13
POSTMASTER 200.54
POTOMAC ENVIRONMENTAL 1,468.00
PRECISION HYDRAULICS CO 995.54
PRIMETRADE 220,293.96
PRINCE EDWARD CIRCUIT COURT 108.73
PRINCE EDWARD COMBINED COURT 108.73
PROCHEM ANALYTICAL 1,290.00
PROFORMA 1,585.85
PROVIDENT LIFE & ACCIDENT 2,393.68
QSI, INC 460.46
R.I. LAMPUS 81,216.00
REBECCA B. CONNELLY 600.00
RED HILL GRINDING WHEEL 6,835.24
REXEL 3,397.50
RICHARD GIVENS 13.65
RICHMOND SECURITY SERVICES 9,783.60
ROBERTS SINTO CORP 236.77
ROURA IRON WORKS, INC 105.50
RSC 4,250.72
SAE INTERNATIONAL 90.00
SAFETY-KLEEN 396.00
SAF-GARD SAFETY SHOE 259.98
SERVICE FIRST 245.70
SERVICE PRINTING 611.00
SHEPHERDS FABRICS & SUPLS 84.00
SMITH SERVICES 10,495.24
SOUTHERN AIR 1,410.00
SOUTHERN FIRST AID SUPPLY 128.55
SOUTHERN MAINTENANCE SUPPLY 1,812.94
SPECIAL K LANDSCAPING 1,450.00
SPECIALTY FOUNDRY PRODUCTS 16,382.16
STAHL, INC 963.48
STANDARD GAUGE ENGINEERING 2,000.00
STERICYCLE INC 51.84
SUPERIOR GRAPHITE 24,153.76
TEMPLETON'S MKT 485.48
TENNANT COMPANY 499.56
LYNCHBURG FOUNDRY, INC.(ARCHER CREEK) CASE NO. 04-67606
CASH DISBURSEMENTS
JANUARY 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
THE MASA CORP 1,269.87
THERMO ELECTRON SCIENTIFIC 100.42
THOMPSON TRUCKING 43,557.42
TIME TECHNOLOGIES 532.95
TORRENCE PLUMBING 2,487.00
TRANE 1,125.00
TRANSMAN 10,953.24
TREASURER OF VA 16,204.65
TUSCOLA SAGINAW BAY RAILWAY 62,200.48
UMETCO INC 11,550.00
UNITED HYDRAULICS INC 14,599.35
UNITED WAY OF CENTRAL VA 2,172.63
URS 1,400.00
VA CAROLINA BELTING 9,812.34
VA DEPT OF TAX 1,131.65
VA FLUID POWER 213.00
VALLEY FASTENERS 4,362.99
VBS 1,531.34
VERIZON 133.61
VIRGINIA CAROLINA CONTROLS 236.00
VIRGINIA METAL SERVICE 103.20
VIRGINIA POWER ENERGY MARKETING 145,000.00
VROBEL, WALT 62.24
W.E.L. ENTERPRISES 6,489.00
WASTE MANAGEMENT 1,859.01
WEBER MARKING SYSTEMS 2,958.76
WENDT DUNNINGTON 346.51
WESTERN VIRGINIA SERVICE, INC 380.00
WEXFORD SAND COMPANY 23,700.00
WHEELABRATOR ABRASIVES 44,110.00
WILLIAMSON & WILMER 511.91
WILSON WELDING CO 10,350.00
WILSON/SHORE INSTRUMENTS 210.74
WILSON'S SEPTIC TANK SERVICE 1,050.00
WOOTEN, MATTHEW 273.40
XEROX CORPORATION 2,330.54
XPEDX 10,593.91
-------------
$6,344,082.87
=============
LYNCHBURG FOUNDRY
CASE NO. 04-67606
AT 1/31/05
ARCHER CREEK - BANK RECONCILIATION
Bank Balance $ --
Actual Outstanding Checks 494,332.84
Prepetition Checks Voided in February 12,819.00
Misc Reconciling Items Adjusted in February (1,944.78)
-----------
505,207.06
Unadjusted GL Balance 505,207.06
-----------
Difference $ --
===========
ARCHER CREEK
OUTSTANDING CHECKS
CASE NO. 04-67606
DATE CHECK OUTSTANDING
- ---------- ----- -----------
10/8/2004 15418 $ 28.35
10/8/2004 15421 28.35
10/8/2004 15419 85.61
10/11/2004 15430 52.67
10/14/2004 15447 42.76
10/15/2004 15452 296.64
10/15/2004 15470 518.33
10/22/2004 15555 48.50
11/5/2004 15747 820.77
12/21/2004 16557 592.90
12/21/2004 16551 1,464.88
1/4/2005 16756 30.41
1/5/2005 16805 15.90
1/5/2005 16804 1,263.56
1/7/2005 16906 99.23
1/11/2005 16943 10.50
1/11/2005 16941 31.00
1/11/2005 16947 60.00
1/11/2005 16942 62.48
1/11/2005 16940 672.56
1/13/2005 16960 3,500.00
1/14/2005 17041 2,328.48
1/14/2005 17013 621.00
1/14/2005 17044 50.00
1/17/2005 17050 43.81
1/18/2005 17053 236.98
1/18/2005 17081 348.16
1/18/2005 17086 794.85
1/18/2005 17085 956.00
1/18/2005 17083 1,366.20
1/18/2005 17082 2,550.24
1/18/2005 17069 307.83
1/19/2005 17093 2,958.27
1/20/2005 17098 2,222.00
1/21/2005 17176 13.50
1/21/2005 17175 19.57
1/21/2005 17189 28.69
1/21/2005 17121 57.93
1/21/2005 17106 106.36
1/21/2005 17129 125.00
1/21/2005 17143 213.00
1/21/2005 17194 339.00
1/21/2005 17202 346.18
1/21/2005 17131 604.09
1/21/2005 17122 653.09
1/21/2005 17206 4,286.28
1/21/2005 17154 7,464.48
1/21/2005 17152 100.00
1/21/2005 17155 100.00
1/21/2005 17153 93.57
1/21/2005 17160 90.00
1/24/2005 17207 23,409.75
1/25/2005 17229 37.42
1/25/2005 17211 49.77
1/25/2005 17210 83.79
1/25/2005 17240 84.22
ARCHER CREEK
OUTSTANDING CHECKS
CASE NO. 04-67606
DATE CHECK OUTSTANDING
- --------- ----- -----------
1/25/2005 17236 100.42
1/25/2005 17228 160.00
1/25/2005 17241 213.46
1/25/2005 17224 554.00
1/25/2005 17225 1,037.95
1/25/2005 17222 1,468.00
1/25/2005 17235 2,828.70
1/25/2005 17223 8,526.82
1/26/2005 17242 28,812.00
1/27/2005 17247 172.03
1/27/2005 17250 855.20
1/27/2005 17245 3,500.00
1/27/2005 17251 4,000.00
1/27/2005 17246 7,108.00
1/28/2005 17338 8.76
1/28/2005 17305 11.50
1/28/2005 17313 15.16
1/28/2005 17322 18.00
1/28/2005 17325 20.80
1/28/2005 17332 24.80
1/28/2005 17330 26.94
1/28/2005 17331 29.04
1/28/2005 17307 29.75
1/28/2005 17304 30.96
1/28/2005 17343 44.12
1/28/2005 17312 77.50
1/28/2005 17317 77.95
1/28/2005 17326 109.95
1/28/2005 17335 119.50
1/28/2005 17259 123.59
1/28/2005 17308 130.00
1/28/2005 17311 130.00
1/28/2005 17262 151.00
1/28/2005 17341 151.30
1/28/2005 17333 186.71
1/28/2005 17319 200.21
1/28/2005 17261 203.74
1/28/2005 17328 220.00
1/28/2005 17352 225.00
1/28/2005 17340 236.00
1/28/2005 17324 246.98
1/28/2005 17314 247.94
1/28/2005 17309 260.00
1/28/2005 17290 265.00
1/28/2005 17318 270.00
1/28/2005 17316 288.59
1/28/2005 17320 296.70
1/28/2005 17323 303.31
1/28/2005 17337 326.40
1/28/2005 17279 349.96
1/28/2005 17327 362.00
1/28/2005 17353 386.00
1/28/2005 17282 396.00
1/28/2005 17336 432.18
1/28/2005 17258 455.99
ARCHER CREEK
OUTSTANDING CHECKS
CASE NO. 04-67606
DATE CHECK OUTSTANDING
- --------- ----- -----------
1/28/2005 17257 494.90
1/28/2005 17270 495.00
1/28/2005 17263 498.52
1/28/2005 17297 519.00
1/28/2005 17287 552.00
1/28/2005 17286 574.61
1/28/2005 17281 623.00
1/28/2005 17265 638.85
1/28/2005 17278 675.00
1/28/2005 17266 750.45
1/28/2005 17310 780.00
1/28/2005 17315 862.16
1/28/2005 17321 960.00
1/28/2005 17274 981.78
1/28/2005 17283 1,346.63
1/28/2005 17339 1,349.75
1/28/2005 17268 1,398.52
1/28/2005 17284 1,400.00
1/28/2005 17342 1,434.00
1/28/2005 17288 1,674.70
1/28/2005 17351 1,700.00
1/28/2005 17276 2,066.78
1/28/2005 17329 2,142.00
1/28/2005 17275 2,586.83
1/28/2005 17306 2,600.00
1/28/2005 17269 2,750.00
1/28/2005 17350 2,918.54
1/28/2005 17280 3,655.01
1/28/2005 17654 4,068.40
1/28/2005 17349 4,880.45
1/28/2005 17302 5,054.30
1/28/2005 17334 5,183.88
1/28/2005 17285 5,391.05
1/28/2005 17271 5,581.45
1/28/2005 17277 7,059.00
1/28/2005 17292 7,481.00
1/28/2005 17264 8,072.20
1/28/2005 17267 8,500.00
1/28/2005 17346 9,003.75
1/28/2005 17348 9,250.56
1/28/2005 17272 12,163.39
1/28/2005 17303 12,439.68
1/28/2005 17260 22,947.74
1/28/2005 17347 145,000.00
1/28/2005 17294 9,993.45
1/28/2005 17299 4,285.89
1/28/2005 17300 1,984.53
1/28/2005 17298 600.00
1/28/2005 17296 154.46
1/28/2005 17291 146.28
1/28/2005 17293 99.23
1/28/2005 17289 92.38
1/28/2005 17295 92.30
1/28/2005 17301 62.24
1/28/2005 17344 50.00
ARCHER CREEK
OUTSTANDING CHECKS
CASE NO. 04-67606
DATE CHECK OUTSTANDING
- --------- ----- -----------
1/28/2005 17345 50.00
1/31/2005 17371 15.25
1/31/2005 17374 16.50
1/31/2005 17370 59.40
1/31/2005 17367 76.50
1/31/2005 17356 138.32
1/31/2005 17373 192.85
1/31/2005 17357 230.08
1/31/2005 17372 308.48
1/31/2005 17360 480.00
1/31/2005 17355 725.60
1/31/2005 17376 794.85
1/31/2005 17375 1,434.00
1/31/2005 17359 1,475.46
1/31/2005 17358 2,600.00
1/31/2005 17368 2,775.00
1/31/2005 17361 25,210.50
1/31/2005 17369 43.59
494,332.84
INTERMET CORPORATION AND SUBSIDIARIES PERIOD ENDED 1/31/2005
MONTHLY CASH STATEMENT
CASH ACTIVITY ANALYSIS:
CASE # 04-67606
LYNCHBURG FOUNDRIES - (RADFORD FOUNDRY)
--------------------------------------------------------------
ACCOUNT TYPE LOCKBOX 77307 DEPOSITORY AP
ACCOUNT # 1599413 5401086474 2770716419
BANK Bank One Standard Federal Standard Federal - Inactive
- ------------------------- ------------- ---------------- ---------------------------
BEGINNING BANK BALANCE -- -- --
RECEIPTS 132 -- --
TRANSFERS IN (CORPORATE) -- -- --
DIP INFLOW -- -- --
DISBURSEMENTS -- -- --
TRANSFERS OUT (CORPORATE) (132) -- --
DIP REPAYMENT -- -- --
---- --- ---
ENDING BANK BALANCE -- -- --
CASE # 04-67606
LYNCHBURG FOUNDRIES - (RADFORD FOUNDRY)
------------------------------------------------------
ACCOUNT TYPE PR (HOURLY) PR (SALARY)
ACCOUNT # 2770716401 2770716708
BANK Standard Federal - Inactive Standard Federal TOTAL
- ------------------------- --------------------------- ---------------- -----
BEGINNING BANK BALANCE -- -- --
RECEIPTS -- -- --
TRANSFERS IN (CORPORATE) -- -- --
DIP INFLOW -- -- --
DISBURSEMENTS -- -- --
TRANSFERS OUT (CORPORATE) -- -- --
DIP REPAYMENT -- -- --
--- --- ---
ENDING BANK BALANCE -- -- --
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: JANUARY 31, 2005
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.)
Name: LYNCHBURG FOUNDRY, INC. Capacity: ___ Shareholder
Case Number: 04-67606 ___ 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 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
Dated: FEBRUARY 28, 2005 ________________________________________
PRINCIPAL, OFFICER, DIRECTOR, OR INSIDER
Form 6
Lynchburg Foundry, Inc.
Case Number: 04-67606
Intermet Corporation and Subsidiaries
Schedule of In-Force Insurance
INSURANCE TYPE CARRIER POLICY PERIOD
- -------------------- -------------- -----------------
Property Lloyds 11/1/04-11/1/05
Boiler/Machine Hartford 11/1/04-11/1/05
Cargo Fireman's Fund 11/1/04-11/1/05
Truck Cargo Fireman's Fund 11/1/04-11/1/05
Aviation USAIG 11/1/04-11/1/05
Fiduciary St. Paul 11/1/04-11/1/05
Primary D&O St. Paul 11/1/04-11/1/05
Excess D&O Chubb 11/1/04-11/1/05
Excess D&O Platte River 11/1/04-11/1/05
Crime AIG 12/1/04-12/1/05
General Liability ACE 12/22/04-12/22/05
Umbrella National Union 12/22/04-12/22/05
Workers' Comp ACE 12/22/04-6/22/05
Excess Workers' Comp ACE 12/22/04-12/22/05
Auto ACE 12/22/04-12/22/05
Foreign (DIC) ACE 12/22/04-12/22/05
Note: This list does not include In-Force Insurance for Foreign Subsidiaries.
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 JANUARY 31, 2005:
IN RE: )
INTERMET CORPORATION, ET AL ) CASE NO: 04-67608
) Chapter 11
) Judge: Marci B. McIvor
NORTHERN CASTINGS CORP. )
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 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 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
is true and correct to the best of my information and belief.
Dated: FEBRUARY 28, 2005 /s/ Robert E. Belts
--------------------------------------------
Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- --------------
Title Phone
Intermet Corp. and Subsidiaries
Operating Statement
For the Month Ended 01-31-05
($000's)
CASE #04-67608
NORTHERN
CASTINGS
----------------------------------
Current Month Total Since Filing
------------- ------------------
Net Sales $1,649 $5,770
Cost of Goods Sold
Materials and Freight 268 1,755
Wages - Hourly 246 854
Wages-Salary 80 321
Employee Benefits and Pension 136 465
Repairs & Maintenance 98 257
Supplies 95 338
Utilities 180 550
Purchased Components/Services 64 175
Income(loss) from Pattern Sales (12) (129)
Fixed Asset - (gain/loss) -- --
MIS Expense 10 48
Travel & Entertainment 2 5
Other Variable Costs 57 49
Depreciation & Amortization 43 169
Other Allocated Fixed Costs -- --
Other Fixed Costs 22 73
------ ------
Cost of Goods Sold 1,289 4,930
Gross Profit 360 840
Plant SG&A Expense -- --
SG&A Expense - Allocation (Sched 1) 51 192
Other Operating Expenses -- --
------ ------
Total Operating Expenses 51 192
Operating Profit 309 648
Outside Interest Income -- --
Outside Interest (Expense) -- --
Intercompany Interest Income -- --
Intercompany Interest (Expense) (5) (11)
Charges (From) Affiliates -- --
Charges To Affiliates -- --
Income/Loss From European Operations -- --
Other Income/(Expense) -- --
------ ------
Total Non-Operating Expenses (5) (11)
Income Before Income Taxes 304 637
Income Tax Expense 1 4
------ ------
Net Income $ 303 $ 633
====== ======
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs January
(Allocation of Corporate Costs to Filing Entities)
(000's)
January
-------
Officer Compensation $ 189
Salary Expense other Employees 1,097
Employee Benefits and Pension 145
Payroll Taxes 96
Other Taxes 5
Rent and Lease Expense 185
Interest Expense
Insurance 36
Automobile and Truck Expense 11
Utilities(Gas Electric,Phone) 32
Depreciation 73
Travel and Entertainment 58
Repairs and Maintenance 111
Advertising/Promotion 0
Supplies, Office Expense 33
OTHER:
Contributions 0
Professional Fees - Audit/Tax 131
Bank Fees 24
Public Reporting Fees 16
Employee Relocation/Training 0
Data Processing 20
Dues and Subscriptions 20
Outside Services 129
Project Development Costs net of Billings 133
Director Fees 25
Miscellaneous 5
Professional Fees - Bankruptcy (157)
Cost Allocation - Out (244)
------
$2,174
======
Allocation:
Wagner Castings 191
Northern Castings 50
Ironton Iron 0
Lynchburg Foundry 193
Columbus Foundry 313
Wagner Havana 0
Intermet U.S. Holdings 259
Cast-Matic Corp. 82
Diversified Diemakers 257
Ganton Technologies 168
Tool Products 137
Intermet Corporation 524
------
Total $2,174
======
INTERMET Corp. and Subsidiaries
Balance Sheet as of 1-31-05
CASE #04-67608
--------------
NORTHERN
CASTINGS
--------------
Cash And Equivalents $ 0
Accounts Receivable 2,166
Short-Term Intercompany Receivables 0
Inventories 654
Other Current Assets 49
-------
TOTAL CURRENT ASSETS 2,869
Land and Buildings 2,266
Machinery & Equipment 8,644
Construction In Progress 0
-------
Total Fixed Assets 10,910
Accumulated Depreciation (9,192)
-------
NET FIXED ASSETS 1,718
Investment In Subsidiaries 0
Investment In European Operations 0
Long-Term Intercompany Receivables 11,295
Deferred Taxes, Long-Term Asset 0
Other Assets 121
-------
TOTAL ASSETS $16,003
=======
LIABILITIES AND SHAREHOLDER EQUITY
POST PETITION LIABILITIES
Accounts Payable $ 215
Wages and Salaries (See schedule) 67
Taxes Payable - (See schedule) 40
-------
TOTAL POST PETITION LIABILITIES 322
SECURED LIABILITIES:
SECURED 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. 95
Accrued Payroll 0
Accrued Payroll Taxes 0
-------
TOTAL TAXES AND OTHER PRIORITY LIABILITIES 124
UNSECURED LIABILITIES
Accounts Payable 1,661
Senior & IDR Bonds 0
-------
TOTAL UNSECURED LIABILITIES 1,661
OTHER LIABILITIES
Accrued Liabilities 343
Short-Term Intercompany Payables 0
Capital Leases 0
Retirement Benefits 0
Deferred Taxes - Long-Term Liability 0
Other Long-Term Liabilities 0
Long-Term Intercompany Payables 0
Minority Interest 0
-------
TOTAL LIABILITIES 2,450
Common Stock 0
Capital In Excess Of Par Value 1,800
Retained Earnings - Prepetition 11,120
Retained Earnings - Post Petition 633
Equity In European Operations
Accumulated Translation Adjustment 0
Minimum Pension Liability Adjustment 0
Unearned Restricted Stock 0
-------
TOTAL SHAREHOLDER EQUITY 13,553
-------
TOTAL LIABILITIES AND EQUITY $16,003
=======
PERIOD ENDED: 1-31-05 NORTHERN CASTINGS CORP. CASE #04-67608
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
12/31/2004 Withheld Deposits 1/31/05
---------- --------- ---------- ---------
Income tax withheld: Federal ($ 3,004) ($ 31,131) $ 28,446 ($ 5,688)
Income tax withheld: State (1,431) (14,019) 12,853 (2,597)
Income tax withheld: Local 0 0 0 0
FICA Withheld (3,165) (26,984) 24,997 (5,152)
Employers FICA (3,122) (18,319) 16,585 (4,856)
Unemployment Tax: Federal 3,618 (6,742) 5,432 2,308
Unemployment Tax: State 0 0 0 0
All Other Payroll W/H 0 0 0 0
State Taxes: Inc./Sales/Use/Excise (3,265) (1,584) 3,265 (1,584)
Property Taxes (7,500) (2,500) 0 (10,000)
Workers Compensation (12,000) 232 0 (11,768)
-------- --------- -------- ---------
Total ($29,869) ($101,047) $ 91,578 ($ 39,338)
Wages and Salaries (47,058) (36,373) 16,780 (66,650)
-------- --------- -------- ---------
Grand Total ($76,926) ($137,420) $108,359 ($105,988)
======== ========= ======== =========
Aging of Accounts Receivable
and Post Petition Accounts Payable
Age in Days (Post Petiition) Total 0-30 Days 30-60 Days Over 60 Days
---------- ---------- ---------- ------------
Accounts Payable $ 216,404 $ 156,570 $113,089 ($53,255)
Accounts Receivable $2,230,832 $2,044,832 $161,000 $25,000
0 0 0 0
INTERMET CORPORATION AND SUBSIDIARIES PERIOD ENDED 1/31/2005
MONTHLY CASH STATEMENT
CASH ACTIVITY ANALYSIS:
CASE # 04-67608
NORTHERN CASTINGS (HIBBING)
--------------------------------------------------------------------------------
ACCOUNT TYPE LOCKBOX 77122 DEPOSIT AP PR (HOURLY) PR (SALARY)
ACCOUNT # 1261483 5401086458 2770716435 2770716427 2770716682
BANK Bank One Stan. Fed. Stan. Fed. Stan. Fed. Stan. Fed. TOTAL
------------ ------------- ----------- ---------- ----------- ----------- ---------
BEGINNING BANK BALANCE -- -- -- -- -- --
RECEIPTS 210,152.94 368,518.24 451,455 217,596 66,877 1,314,599
TRANSFERS IN (CORPORATE) -- -- -- -- -- --
DIP INFLOW -- -- (451,455) (217,596) (66,877) (735,928)
DISBURSEMENTS -- -- -- -- -- --
TRANSFERS OUT (CORPORATE) (210,152.94) (368,518.24) -- -- -- (578,671)
DIP REPAYMENT -- -- -- -- -- --
----------- ----------- ---------- -------- ------- ---------
ENDING BANK BALANCE -- -- -- -- -- (0.00)
WIRES PAID FOR BY CORPORATE 557,141 3,265 560,406
CHECKS ISSUED 546,548
----------
TOTAL DISBURSEMENTS (SEE TOTAL DISBURSEMENTS
RECONCILIATION) $1,103,689
==========
OUTSTANDING CHECKS AS OF DECEMBER 31 25,412
VOIDED CHECKS OUTSTANDING AS OF DECEMBER 31 --
CHECKS ISSUED IN JANUARY 546,548
CHECK CLEARED IN JANUARY (448,190)
----------
OUTSTANDING CHECKS AS OF JANUARY 31
(SEE OUTSTANDING CHECKLIST) $ 123,770
==========
NORTHERN CASTINGS CORPORATION CASE NO. 04-67608
CASH DISBURSEMENTS
JANUARY 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
3 RIVERS $ 13,755.00
ADVANCED TECHNOLIGIES 38.00
AETNA 1,319.00
AIR POWER EQUIPMENT COR 1,047.00
AIRGAS - NORTH CENTRAL 3,890.00
ALTER TRADING CORPORATI 80,000.00
AMERICAN COLLOID COMPAN 21,967.00
AMERIPRIDE LINEN & APPA 2,031.00
APPLIED IND. TECH. 603.00
B & R ENGINEERING SALES 3,392.00
BALDWIN SUPPLY, CO. 502.00
BARR ENGINEERING 11.00
BEAR COUNTRY MARKETING 1,330.00
BEHR IRON & STEEL CO. 310,000.00
BEHR SPECIALTY 2,960.00
BOB SCOFIELD TRUCKING 13,750.00
CARPENTER BROTHERS, INC 3,900.00
CARQUEST AUTO PARTS, IN 81.00
CAST CORPORATION 5,830.00
DISA INDUSTRIES, INC 10,335.00
DIXIE INDUSTRIAL FINISH 2,649.00
DYNAMIC AIR INC 2,215.00
ELECTRONITE 3,366.00
ELKEM METALS, INC 92,352.99
EMSCO, INC. 9,980.00
ERICKSON LBR 105.00
EXPRESS PRINT 1, LTD. 228.00
FASTENAL COMPANY 1,200.00
FERRELLGAS 3,850.00
FULL CIRCLE IMAGE 20.00
GEORGE BOUGALIS (RENT) 1,200.00
GIL-MAR MANUFACTURING 98,030.00
GMP LOCAL 1,626.00
GRAYBAR 542.00
GREAT WESTERN 26,134.00
GUARANTEED QUALITY CLEA 1,316.00
HI TEMP INCORPORATED 3,746.00
HR DIRECT 135.00
HYTEST SAFETY FOOTWEAR 30.00
INDUSTRIAL LUBRI 65.00
J & W INSTRUMENTS, INC. 593.00
J. N. JOHNSON 208.00
KOINS CORPORATION 3,762.00
KONIECZNY TOOL & DIE CO 320.00
L & L RENTALS, INC. 1,584.00
NORTHERN CASTINGS CORPORATION CASE NO. 04-67608
CASH DISBURSEMENTS
JANUARY 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
LECO CORP 5,000.00
LERCH BROTHERS, INC. 280.00
LIFT PRO 322.00
LINA 8.00
METOKOTE CORPORATION 4,446.00
MIDTOWN MACHINE & MECHA 192.00
MIDWEST COMPUTER DEPOT, 161.00
MILLER AND COMPANY 51,740.00
MINNESOTA CHILD SUPPORT 6,954.00
MINNESOTA BEARING COMPA 8.00
MINNESOTA DEPT. OF REVENUE 779.00
MINNESOTA INDUSTRIES 4,540.00
MINNESOTA POWER 110,926.00
MINNESOTA SUPPLY COMPAN 14.00
MINN-TECH ELECTRONICS 338.00
misc 1,947.00
MODERN PLATING CORPORAT 384.00
NATIONAL METAL ABRASIVE 6,600.00
NORTHERN TECHNOLOGIES I 155.00
OCCUPATIONAL DEV. CENTE 3,600.00
OFFICE NORTH, INC. 1,668.00
OIL-TEC LABORATORIES 16.00
OMNIDYNE 499.00
PROVIDENT LIFE 358.00
PUBLIC UTILITIES 78,331.00
QUICK 85.00
R. E. NICHOLSON VENTURE 350.00
RADKO IRON & SUPPLY, IN 3,271.00
RADOTICH 77.00
RANGE AUTO GLASS INC 74.00
RANGE CORNICE ROOFING C 378.00
RANGE STEEL FABRICATORS 2,619.00
RANGE WATER CONDITIONIN 96.00
RASK ROGER 1,496.00
SAFETY-KLEEN CORP. 255.00
SECURITAS SEC SERV USA, 7,581.00
SIM SUPPLY, INC. 915.00
SMITH BRUCE 2,262.00
ST. LOUIS COUNTY 10,000.00
STEARSWOOD 9,164.00
SULLIVAN CANDY & SUPPLY 667.00
SUNRISE 13.00
TDS METROCOM 504.00
THERMO ELECTRON SCIENTI 341.00
TOWN AND COUNTRY ELECTR 18,230.00
TRANSMAN 4,749.62
NORTHERN CASTINGS CORPORATION CASE NO. 04-67608
CASH DISBURSEMENTS
JANUARY 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
TRIMARK INDUSTRIAL 675.00
TRITEC OF MN. INC. 7,032.00
UESCO INDUSTRIES, INC. 549.00
UNIMIN CORPORATION 11,700.00
VICKERS ENG. 7,605.00
VISTA EYES 98.00
WEBER MARKING SYSTEM 804.00
WHEELABRATOR, INC 834.00
-------------
$1,103,688.61
=============
NORTHERN CASTINGS CORP
CASE NO. 04-67608
AT 1/31/05
HIBBING - BANK RECONCILIATION
Bank Balance $ --
Actual Outstanding Checks 123,770.24
Unadjusted GL Balance 123,770.24
-----------
Difference $ --
===========
NORTHERN CASTINGS CORP
OUTSTANDING CHECKS
CASE NO. 04-67608
DATE CHECK OUTSTANDING
- --------- ----- -----------
1/5/2005 75913 $ 12.50
1/10/2005 75928 329.09
1/17/2005 75973 329.03
1/19/2005 75987 28.20
1/19/2005 75992 499.22
1/25/2005 76006 549.47
1/26/2005 76011 38.00
1/26/2005 76012 137.39
1/26/2005 76013 1,050.56
1/26/2005 76014 667.31
1/26/2005 76015 11.18
1/26/2005 76017 3,900.00
1/26/2005 76018 5,830.00
1/26/2005 76019 541.82
1/26/2005 76020 8,693.08
1/26/2005 76021 329.09
1/26/2005 76022 30.28
1/26/2005 76023 593.00
1/26/2005 76024 208.13
1/26/2005 76025 100.00
1/26/2005 76026 191.70
1/26/2005 76027 1,096.16
1/26/2005 76028 155.48
1/26/2005 76029 16.00
1/26/2005 76030 189.00
1/26/2005 76031 47.93
1/26/2005 76032 127.80
1/26/2005 76033 855.45
1/26/2005 76034 441.98
1/26/2005 76035 2,000.00
1/26/2005 76036 5,846.40
1/26/2005 76037 450.00
1/26/2005 76038 50.00
1/26/2005 76039 50.00
1/26/2005 76040 50.00
1/26/2005 76041 50.00
1/26/2005 76042 84.60
1/26/2005 76043 2,645.86
1/26/2005 76044 892.98
1/27/2005 76047 295.34
1/27/2005 76048 2,905.10
1/27/2005 76053 2,049.45
1/27/2005 76054 3,366.15
1/27/2005 76056 3,762.00
1/27/2005 76057 150.00
1/27/2005 76058 963.83
1/27/2005 76059 3,756.71
NORTHERN CASTINGS CORP
OUTSTANDING CHECKS
CASE NO. 04-67608
DATE CHECK OUTSTANDING
- --------- ----- -----------
1/27/2005 76060 1,874.00
1/27/2005 76063 55,771.46
1/27/2005 76064 1,738.18
1/28/2005 76065 357.75
1/28/2005 76066 1,144.00
1/28/2005 76067 1,153.28
1/28/2005 76068 501.88
1/31/2005 76069 1,351.22
1/31/2005 76070 2,258.20
1/31/2005 76071 1,253.00
-----------
$123,770.24
===========
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: JANUARY 31, 2005
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.)
Name: NORTHERN CASTINGS CORP. Capacity: ___ Shareholder
Case Number: 04-67608 ___ 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 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
Dated: FEBRUARY 28, 2005 ________________________________________
PRINCIPAL, OFFICER, DIRECTOR, OR INSIDER
Form 6
Northern Castings Corp.
Case Number: 04-67608
Intermet Corporation and Subsidiaries
Schedule of In-Force Insurance
INSURANCE TYPE CARRIER POLICY PERIOD
- -------------------- -------------- -----------------
Property Lloyds 11/1/04-11/1/05
Boiler/Machine Hartford 11/1/04-11/1/05
Cargo Fireman's Fund 11/1/04-11/1/05
Truck Cargo Fireman's Fund 11/1/04-11/1/05
Aviation USAIG 11/1/04-11/1/05
Fiduciary St. Paul 11/1/04-11/1/05
Primary D&O St. Paul 11/1/04-11/1/05
Excess D&O Chubb 11/1/04-11/1/05
Excess D&O Platte River 11/1/04-11/1/05
Crime AIG 12/1/04-12/1/05
General Liability ACE 12/22/04-12/22/05
Umbrella National Union 12/22/04-12/22/05
Workers' Comp ACE 12/22/04-6/22/05
Excess Workers' Comp ACE 12/22/04-12/22/05
Auto ACE 12/22/04-12/22/05
Foreign (DIC) ACE 12/22/04-12/22/05
Note: This list does not include In-Force Insurance for Foreign Subsidiaries.
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 JANUARY 31, 2005:
IN RE: )
INTERMET CORPORATION, ET AL ) CASE NO: 04-67613
) Chapter 11
) Judge: Marci B. McIvor
SUDBURY, INC. )
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 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 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
is true and correct to the best of my information and belief.
Dated: FEBRUARY 28, 2005 /s/ Robert E. Belts
--------------------------------------------
Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- --------------
Title Phone
Intermet Corp. and Subsidiaries
Operating Statement
For the Month Ended 01-31-05
($000's)
CASE # 04-67613
SUDBURY
INC.
------------------------------------
Current Month Total Since Filing
--------------- ------------------
Net Sales $ 0 $ 0
Cost of Goods Sold
Materials and Freight -- --
Wages - Hourly -- --
Wages-Salary -- --
Employee Benefits and Pension -- --
Repairs & Maintenance -- --
Supplies -- --
Utilities -- --
Purchased Components/Services -- --
Income(loss) from Pattern Sales -- --
Fixed Asset - (gain/loss) -- --
MIS Expense -- --
Travel & Entertainment -- --
Other Variable Costs -- --
Depreciation & Amortization -- 177
Other Allocated Fixed Costs -- --
Other Fixed Costs -- (1)
--- --------
Cost of Goods Sold -- 176
Gross Profit -- (176)
Plant SG&A Expense -- --
SG&A Expense - Allocation (Sched 1) -- --
Other Operating Expenses -- 62,559
--- --------
Total Operating Expenses -- 62,559
Operating Profit -- (62,735)
Outside Interest Income -- --
Outside Interest (Expense) -- --
Intercompany Interest Income -- --
Intercompany Interest (Expense) -- (13)
Charges (From) Affiliates -- --
Charges To Affiliates -- --
Income/Loss From European Operations -- --
Other Income/(Expense) -- --
--- --------
Total Non-Operating Expenses -- (13)
Income Before Income Taxes -- (62,748)
Income Tax Expense -- --
--- --------
Net Income $ 0 ($62,748)
=== ========
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs January
(Allocation of Corporate Costs to Filing Entities)
(000's)
January
-------
Officer Compensation $ 189
Salary Expense other Employees 1,097
Employee Benefits and Pension 145
Payroll Taxes 96
Other Taxes 5
Rent and Lease Expense 185
Interest Expense
Insurance 36
Automobile and Truck Expense 11
Utilities(Gas Electric,Phone) 32
Depreciation 73
Travel and Entertainment 58
Repairs and Maintenance 111
Advertising/Promotion 0
Supplies, Office Expense 33
OTHER:
Contributions 0
Professional Fees - Audit/Tax 131
Bank Fees 24
Public Reporting Fees 16
Employee Relocation/Training 0
Data Processing 20
Dues and Subscriptions 20
Outside Services 129
Project Development Costs net of Billings 133
Director Fees 25
Miscellaneous 5
Professional Fees - Bankruptcy (157)
Cost Allocation - Out (244)
------
$2,174
======
Allocation:
Wagner Castings 191
Northern Castings 50
Ironton Iron 0
Lynchburg Foundry 193
Columbus Foundry 313
Wagner Havana 0
Intermet U.S. Holdings 259
Cast-Matic Corp. 82
Diversified Diemakers 257
Ganton Technologies 168
Tool Products 137
Intermet Corporation 524
------
Total $2,174
======
INTERMET Corp. and Subsidiaries
Balance Sheet as of 1-31-05
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 (2,077)
Machinery & Equipment (23,412)
Construction In Progress 0
--------
Total Fixed Assets (25,489)
Accumulated Depreciation 25,489
--------
NET FIXED ASSETS 0
Investment In Subsidiaries 0
Investment In European Operations 0
Long-Term Intercompany Receivables 12,860
Deferred Taxes, Long-Term Asset 0
Other Assets 77
--------
TOTAL ASSETS $ 12,944
========
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 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
Senior & IDR Bonds 0
--------
TOTAL UNSECURED LIABILITIES 2
OTHER LIABILITIES
Accrued Liabilities 2
Short-Term Intercompany Payables 0
Capital Leases 0
Retirement Benefits 0
Deferred Taxes - Long-Term Liability 0
Other Long-Term Liabilities 0
Long-Term Intercompany Payables 64,312
Minority Interest 0
--------
TOTAL LIABILITIES 62,332
Common Stock 0
Capital In Excess Of Par Value 86,100
Retained Earnings - Prepetition (72,740)
Retained Earnings - Post Petition (62,748)
Equity In European Operations 0
Accumulated Translation Adjustment 0
Minimum Pension Liability Adjustment 0
Unearned Restricted Stock 0
--------
TOTAL SHAREHOLDER EQUITY (49,388)
--------
Total Liabilities And Equity $ 12,944
========
PERIOD ENDED: 1-31-05 SUDBURY INC. CASE #04-67613
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
12/31/2004 Withheld Deposits 1/31/2005
---------- --------- ---------- ---------
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 $7,000
INTERMET CORPORATION AND SUBSIDIARIES PERIOD ENDED 1/31/2005
MONTHLY CASH STATEMENT
CASH ACTIVITY ANALYSIS:
CASE # 04-67613
SUDBURY, INC.
------------------------------------------
ACCOUNT TYPE INVESTMENT INVESTMENT
ACCOUNT # 413046662076 413046663076
BANK Morgan Stanley Morgan Stanley TOTAL
- ------------------------- -------------- -------------- --------
BEGINNING BANK BALANCE 294,074 1,727 295,801
RECEIPTS 430 2 433
TRANSFERS IN (CORPORATE) -- 294,000 294,000
DIP INFLOW -- -- --
DISBURSEMENTS -- -- --
TRANSFERS OUT (CORPORATE) (294,000) -- (294,000)
DIP REPAYMENT -- -- --
-------- ------- --------
ENDING BANK BALANCE 505 295,729 296,234
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: JANUARY 31, 2005
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.)
Name: SUDBURY, INC. Capacity: ___ Shareholder
Case Number: 04-67613 ___ 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 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
Dated: FEBRUARY 28, 2005 ________________________________________
PRINCIPAL, OFFICER, DIRECTOR, OR INSIDER
Form 6
Sudbury, Inc.
Case Number; 04-67613
Intermet Corporation and Subsidiaries
Schedule of In-Force Insurance
INSURANCE TYPE CARRIER POLICY PERIOD
- -------------------- -------------- -----------------
Property Lloyds 11/1/04-11/1/05
Boiler/Machine Hartford 11/1/04-11/1/05
Cargo Fireman's Fund 11/1/04-11/1/05
Truck Cargo Fireman's Fund 11/1/04-11/1/05
Aviation USAIG 11/1/04-11/1/05
Fiduciary St. Paul 11/1/04-11/1/05
Primary D&O St. Paul 11/1/04-11/1/05
Excess D&O Chubb 11/1/04-11/1/05
Excess D&O Platte River 11/1/04-11/1/05
Crime AIG 12/1/04-12/1/05
General Liability ACE 12/22/04-12/22/05
Umbrella National Union 12/22/04-12/22/05
Workers' Comp ACE 12/22/04-6/22/05
Excess Workers' Comp ACE 12/22/04-12/22/05
Auto ACE 12/22/04-12/22/05
Foreign (DIC) ACE 12/22/04-12/22/05
Note: This list does not include In-Force Insurance for Foreign Subsidiaries.
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 JANUARY 31, 2005:
IN RE: )
INTERMET CORPORATION, ET AL ) CASE NO: 04-67602
) Chapter 11
) Judge: Marci B. McIvor
SUDM, INC. )
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 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 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
is true and correct to the best of my information and belief.
Dated: FEBRUARY 28, 2005 /s/ Robert E. Belts
--------------------------------------------
Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- --------------
Title Phone
UNITED STATES BANKRUPTCY COURT
FOR THE 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 CASH STATEMENT
Period Ending: JANUARY 31, 2005
SUDM, INC.
Case Number: 04-67602
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) _______ _______ _____ __________ __________
E. Ending Balance ALL ACTIVITY FOR SUDM, INC. IS REPORTED IN THE
(C-D) CONSOLIDATED COLUMBUS FOUNDRY OPERATING REPORT
(CASE #04-67609).
(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: FEBRUARY 28, 2005 _______________________________
Debtor in Possession
Form 5
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: JANUARY 31, 2005
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.)
Name: SUDM, INC. Capacity: ___ Shareholder
Case Number: 04-67602 ___ 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 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
Dated: FEBRUARY 28, 2005 ________________________________________
PRINCIPAL, OFFICER, DIRECTOR, OR INSIDER
Form 6
SUDM, Inc.
Case Number: 04-67602
Intermet Corporation and Subsidiaries
Schedule of In-Force Insurance
INSURANCE TYPE CARRIER POLICY PERIOD
- -------------------- -------------- -----------------
Property Lloyds 11/1/04-11/1/05
Boiler/Machine Hartford 11/1/04-11/1/05
Cargo Fireman's Fund 11/1/04-11/1/05
Truck Cargo Fireman's Fund 11/1/04-11/1/05
Aviation USAIG 11/1/04-11/1/05
Fiduciary St. Paul 11/1/04-11/1/05
Primary D&O St. Paul 11/1/04-11/1/05
Excess D&O Chubb 11/1/04-11/1/05
Excess D&O Platte River 11/1/04-11/1/05
Crime AIG 12/1/04-12/1/05
General Liability ACE 12/22/04-12/22/05
Umbrella National Union 12/22/04-12/22/05
Workers' Comp ACE 12/22/04-6/22/05
Excess Workers' Comp ACE 12/22/04-12/22/05
Auto ACE 12/22/04-12/22/05
Foreign (DIC) ACE 12/22/04-12/22/05
Note: This list does not include In-Force Insurance for Foreign Subsidiaries.
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 JANUARY 31, 2005:
IN RE: )
INTERMET CORPORATION, ET AL ) CASE NO: 04-67610
) Chapter 11
) Judge: Marci B. McIvor
TOOL PRODUCTS, INC. )
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 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 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
is true and correct to the best of my information and belief.
Dated: FEBRUARY 28, 2005 /s/ Robert E. Belts
--------------------------------------------
Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- --------------
Title Phone
Intermet Corp. and Subsidiaries
Operating Statement
For the Month Ended 01-31-05
($000's)
CASE # 04-67610
TOOL
PRODUCTS, INC.
----------------------------------
Current Month Total Since Filing
------------- ------------------
Net Sales $4,788 $19,124
Cost of Goods Sold
Materials and Freight 610 3,494
Wages - Hourly 1,123 4,220
Wages-Salary 276 972
Employee Benefits and Pension 477 1,920
Repairs & Maintenance 128 346
Supplies 252 773
Utilities 270 895
Purchased Components/Services 1,017 3,864
Income(loss) from Pattern Sales -- --
Fixed Asset - (gain/loss) -- --
MIS Expense 17 80
Travel & Entertainment 12 34
Other Variable Costs 74 281
Depreciation & Amortization 228 779
Other Allocated Fixed Costs -- --
Other Fixed Costs 64 220
------ -------
Cost of Goods Sold 4,548 17,878
Gross Profit 240 1,246
Plant SG&A Expense 76 255
SG&A Expense - Allocation (Sched 1) 137 518
Other Operating Expenses -- 367
------ -------
Total Operating Expenses 213 1,140
Operating Profit 27 106
Outside Interest Income -- --
Outside Interest (Expense) (1) (35)
Intercompany Interest Income -- --
Intercompany Interest (Expense) (45) (233)
Charges (From) Affiliates -- --
Charges To Affiliates -- --
Income/Loss From European Operations -- --
Other Income/(Expense) -- --
------ -------
Total Non-Operating Expenses (46) (268)
Income Before Income Taxes (19) (162)
Income Tax Expense 28 39
------ -------
Net Income ($47) ($201)
====== =======
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs January
(Allocation of Corporate Costs to Filing Entities)
(000's)
January
-------
Officer Compensation $ 189
Salary Expense other Employees 1,097
Employee Benefits and Pension 145
Payroll Taxes 96
Other Taxes 5
Rent and Lease Expense 185
Interest Expense
Insurance 36
Automobile and Truck Expense 11
Utilities(Gas Electric,Phone) 32
Depreciation 73
Travel and Entertainment 58
Repairs and Maintenance 111
Advertising/Promotion 0
Supplies, Office Expense 33
OTHER:
Contributions 0
Professional Fees - Audit/Tax 131
Bank Fees 24
Public Reporting Fees 16
Employee Relocation/Training 0
Data Processing 20
Dues and Subscriptions 20
Outside Services 129
Project Development Costs net of Billings 133
Director Fees 25
Miscellaneous 5
Professional Fees - Bankruptcy (157)
Cost Allocation - Out (244)
------
$2,174
======
Allocation:
Wagner Castings 191
Northern Castings 50
Ironton Iron 0
Lynchburg Foundry 193
Columbus Foundry 313
Wagner Havana 0
Intermet U.S. Holdings 259
Cast-Matic Corp. 82
Diversified Diemakers 257
Ganton Technologies 168
Tool Products 137
Intermet Corporation 524
------
Total $2,174
======
INTERMET Corp. and Subsidiaries
Balance Sheet as of 1-31-05
CASE # 04-67610
---------------
TOOL
PRODUCTS, INC.
---------------
Cash And Equivalents $ 3
Accounts Receivable 6,690
Short-Term Intercompany Receivables 895
Inventories 3,774
Other Current Assets 357
--------
TOTAL CURRENT ASSETS 11,719
Land and Buildings 10,872
Machinery & Equipment 23,670
Construction In Progress 748
--------
Total Fixed Assets 35,290
Accumulated Depreciation (12,962)
--------
NET FIXED ASSETS 22,328
Investment In Subsidiaries 0
Investment In European Operations 0
Long-Term Intercompany Receivables 9,938
Deferred Taxes, Long-Term Asset 0
Other Assets 0
--------
TOTAL ASSETS $ 43,985
========
LIABILITIES AND SHAREHOLDER EQUITY
POST PETITION LIABILITIES
Accounts Payable $ 842
Wages and Salaries (See schedule) 78
Taxes Payable - (See schedule) 256
--------
TOTAL POST PETITION LIABILITIES 1,176
SECURED LIABILITIES:
SECURED BANK DEBT 0
PRE-PETITION LIABILITIES:
Taxes and Other Priority Liabilities:
Accrued Income Taxes 0
Accrued Tax - State 0
Accrued Property Taxes 64
Accrued Workers Comp. 409
Accrued Payroll 63
Accrued Payroll Taxes 0
--------
TOTAL TAXES AND OTHER PRIORITY LIABILITIES 536
UNSECURED LIABILITIES
Accounts Payable 6,603
Senior & IDR Bonds 0
--------
TOTAL UNSECURED LIABILITIES 6,603
OTHER LIABILITIES
Accrued Liabilities 2,448
Short-Term Intercompany Payables 108
Capital Leases 475
Retirement Benefits 229
Deferred Taxes - Long-Term Liability 0
Other Long-Term Liabilities 0
Long-Term Intercompany Payables 1,210
Minority Interest 0
--------
TOTAL LIABILITIES 12,785
Common Stock 0
Capital In Excess Of Par Value 19,200
Retained Earnings - Prepetition 12,201
Retained Earnings - Post Petition (201)
Equity In European Operations
Accumulated Translation Adjustment 0
Minimum Pension Liability Adjustment 0
Unearned Restricted Stock 0
--------
TOTAL SHAREHOLDER EQUITY 31,200
--------
TOTAL LIABILITIES AND EQUITY $ 43,985
========
PERIOD ENDED: 01-31-05 TOOL PRODUCTS, INC. (JACKSON) CASE #04-67610
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
12/31/2005 Withheld Deposits 1/31/2005
---------- --------- ---------- ---------
Income tax withheld: Federal ($14,801) ($50,663) $ 57,446 ($8,018)
Income tax withheld: State 0 0 0 0
Income tax withheld: Local 0 0 0 0
FICA Withheld (10,029) (36,852) 40,735 (6,146)
Employers FICA (10,029) (36,852) 40,735 (6,146)
Unemployment Tax: Federal (1,944) (3,854) 0 (5,797)
Unemployment Tax: State (2,698) (12,075) 2,774 (11,999)
All Other Payroll W/H (264) (2,957) 2,957 (264)
State Taxes: Inc./Sales/Use/Excise (3,000) (28,196) 0 (31,196)
Property Taxes 0 (5,000) 0 (5,000)
Workers Compensation (24,962) (6,151) 0 (31,114)
--------- --------- -------- ---------
Total ($67,728) ($182,599) $144,647 ($105,680)
Wages and Salaries (71,608) (40,089) 69,682 (42,014)
--------- --------- -------- ---------
Grand Total ($139,335) ($222,688) $214,329 ($147,694)
========= ========= ======== =========
Aging of Accounts Receivable
and Post Petition Accounts Payable
Age in Days (Post Petiition) Total 0-30 Days 30-60 Days Over 60 Days
- ---------------------------- ---------- ---------- ---------- ------------
Accounts Payable $ 90,435 $ 90,435 $ 0 $ 0
Accounts Receivable $2,299,909 $1,844,989 $116,025 $338,895
PERIOD ENDED: 1-31-05 TOOL PRODUCTS, INC. (MINNEAPOLIS) CASE #04-67610
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
12-31-04 Withheld Deposits 01-31-05
---------- --------- ---------- ----------
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
State Taxes: Inc./Sales/Use/Excise $ 0 $ 0 $ 0 $ 0
Property Taxes ($30,952) ($11,349) $ 0 ($42,302)
Workers Compensation ($76,761) ($30,965) $ 0 ($107,726)
---------- --------- ---- ----------
Total ($107,713) ($42,315) $ 0 ($150,028)
Wages and Salaries $0 ($36,913) $443 ($36,470)
---------- --------- ---- ----------
Grand Total ($107,713) ($79,228) $443 ($186,498)
========== ========= ==== ==========
Aging of Accounts Receivable
and Post Petition Accounts Payable
Age in Days (Post Petition) Total 0-30 Days 30-60 Days Over 60 Days
- --------------------------- ---------- ---------- ---------- ------------
Accounts Payable $ 752,473 $ 752,473 $ 0 $ 0
Accounts Receivable $4,728,175 $2,974,344 $1,026,060 $727,771
INTERMET CORPORATION AND SUBSIDIARIES PERIOD ENDED 1/31/2005
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 - Inactive Comerica Comerica TOTAL
------------ -------------- ------------------- ---------- ---------- --------
BEGINNING BANK BALANCE -- -- -- -- --
RECEIPTS 868,896 -- 0 -- 868,896
TRANSFERS IN (CORPORATE) -- -- 481,159 145,120 626,280
DIP INFLOW -- -- -- -- --
DISBURSEMENTS -- -- (481,159) (145,120) (626,280)
TRANSFERS OUT (CORPORATE) (868,896) -- -- -- (868,896)
DIP REPAYMENT -- -- -- -- --
-------- --- ---------- -------- --------
ENDING BANK BALANCE -- -- -- -- --
WIRES PAID FOR BY CORPORATE 518,464 172,084 690,548
CHECKS ISSUED 577,003
----------
TOTAL DISBURSEMENTS (SEE TOTAL DISBURSEMENTS RECONCILIATION) $1,095,466
==========
OUTSTANDING CHECKS AS OF DECEMBER 31 42,975
VOIDED CHECKS OUTSTANDING AS OF DECEMBER 31 (1,703)
Checks Issued in January 577,003
CHECK CLEARED IN JANUARY (481,159)
----------
OUTSTANDING CHECKS AS OF JANUARY 31 (SEE OUTSTANDING CHECKLIST) $ 137,116
==========
TOOL PRODUCTS, INC. (JACKSON) CASE NO. 04-67610
CASH DISBURSEMENTS
JANUARY 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
ACTION FLUID POWER $ 720.00
AH ASSOCIATES 3,200.00
AIR DRAULICS ENGINEERING CO 2,016.42
AIRGAS SOUTH 6,110.66
ALCAN PRIMARY PRODUCTS CORP. 174,710.80
ALCHEM ALUMINUM, INC. 281,551.60
ALLIED ELECTRONICS 69.16
APPLIED INDUSTRIAL TECH 706.80
ARMOR ENVIRONMENTAL SER INC 2,220.00
ASSOCIATED PACKAGING INC 2,724.66
AVAYA 466.24
B & B FIRE PROTECTION 281.87
B & B TOOL AND DIE COMPANY INC 55,700.00
BELLSOUTH 1,137.21
BLUFF CITY ELECTRONICS 105.87
BOB FULGHAM 628.21
BRANDON MELTON 214.44
BUHLER INC 4,168.73
CANON FINANCIAL SERVICES, INC. 1,017.38
CHAPTER 13 TRUSTEE 6,728.81
CHEM TREND INCORPORATED 29,680.65
CITY OF JACKSON 564.64
CLEMCO SALES INC 198.00
CLIFTON, KRISTIE 209.27
COLE PALLET COMPANY LLC 7,767.50
CONTRA COSTA 475.00
CROSS MACHINE TOOL CO., INC 420.00
CUPPLES J&J FAB SHOP 3,142.30
CUSTOM MOLD 1,304.98
D & C SALES 2,520.00
D M E CORP 7,720.67
DANKA INDUSTRIES INC 790.38
DAVID HOFFMAN 58.01
DIECO TOOL & DIE 658.50
DIEMER ASSOCIATES INC 173.55
DIMETEK INTERNATIONAL INC 1,441.70
EAGLE WAREHOUSE & DIST. 1,200.00
ENGINEERED PRODUCTS DIVIS 6,382.66
FERRELL GAS 615.01
FLOZONE SERVICES INC 2,045.50
FLUID POWER OF MEMPHIS 498.40
FRANKLIN ELECTROFLUID CO 96.02
FUGITT RUBBER AND SUPPLY CO 2,650.81
G.W. SMITH AND SONS INC 47.20
GENERAL SESSIONS COURT HAYWOOD 879.10
TOOL PRODUCTS, INC. (JACKSON) CASE NO. 04-67610
CASH DISBURSEMENTS
JANUARY 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
GOLDEN KEY REALTORS 650.00
GOODRICH TOOL & SUPPLY 116.01
GORDON PETERS 3,173.50
GRIFFIN TOOL 2,900.00
H C I SUPPLY INC. 9,629.02
HAUSNER HARD CHROME OF KY 4,000.00
HI TEMP PRODUCTS INC 3,969.00
HIGH CALIBER 2,700.00
HILDRETH 7,443.50
HI-TECH SALES & SERVICE, INC. 167.71
I SQUARED R ELEMENT CO., INC. 1,327.40
INDEPENDENT COMPUTER SVC 164.63
INDUSTRIAL LUBRICANTS, INC. 708.80
INTECH EDM 102.74
INTEGRATED SALES & ENGINEERING 6,785.80
JACKSON COMMUNICATIONS 49.39
JACKSON ENERGY AUTHORITY 111,976.44
JENNIFER CHERRY 731.40
JIT FORMS 1,196.22
KENT RUDBECK 985.72
L & S PRECISION TOOL 2,500.00
L&H SUPPLY CO INC 4,304.77
LOWE'S COMPANIES 345.12
Machine Tool & Supply (JKSN) 2,457.01
MACK PEST CONTROL 140.00
MADISON COUNTY CLERK 25.00
MADISON ELECTRIC SERVICE 1,786.35
MADISON FINISHING INC 20,089.26
MAKRITE PARTS 1,128.96
MARTIN INDUSTRIAL 6,471.93
MC GATLIN 678.60
MCMASTER CARR SUPPLY CO 5,873.88
MEDICAL CENTER LABORATORY 36.75
METALLICS SYSTEMS CO. L.P. 488.01
METALLURG ALUMINUM 5,282.82
MIDVALE INDUSTRIES INC 5,160.00
MN CHILD SUPPORT PMT CTR 205.17
MOLTEN METAL EQUIP. INNOVATION 1,974.52
MTRONICS.COM INCORPORATED 85,000.00
MWP INDUSTRIAL SERVICE 5,990.00
NORTHSIDE MEDICAL CLINC 312.00
OFFICE DEPOT 2,410.85
OMEGA ENGINEERING INC 195.50
PARAMOUNT UNIFORM RENTAL 3,856.86
PAT WALKER PETTY CASH 735.85
PAUL RECK 317.09
TOOL PRODUCTS, INC. (JACKSON) CASE NO. 04-67610
CASH DISBURSEMENTS
JANUARY 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
PENNSYLVANIA STATE CHILD SUPPORT 669.25
PITNEY BOWES (RESERVE) 250.00
PITNEY BOWES CREDIT CORP 84.51
PRAB CONVEYORS INC 2,583.00
PRECISION GRINDING, INC 488.00
PRECISION MACH PRODUCTS 32,119.65
PYROTEK, INC. 11,639.50
RAMON 1,119.10
RIMROCK CORP 197.81
ROBERT CLINE 95.91
RODNEY BLEDSOE 255.66
SHERRY CHURCH 77.64
SPAN AMERICA INC 2,500.00
SPECTRUM FINISHING 10,268.94
SPRINT 330.14
SRI 150.00
SUPREME TOOL & DIE 17,633.34
SYSTEMS UNLIMITED 268.50
TELESIS TECHNOLOGIES INC 603.66
TENN DEPT OF LABOR & WORK 300.00
TENNESSEE CHILD SUPPORT 5,816.20
THE ROYAL GROUP 8,982.06
TRANSMAN 54,268.39
UNITED SAW AND SUPPLY CO 206.00
US INSPECTION SERVICES 7,733.00
VERIZON WIRELESS 903.25
WAL-MART 550.00
WEST TENNESSEE COFFEE SERVICE 755.48
ZYP COATINGS INC. 2,055.00
-------------
$1,095,466.28
TOOL PRODUCTS, INC.
CASE NO. 04-67610
AT 1/31/05
JACKSON - BANK RECONCILIATION
Bank Balance $ --
Actual Outstanding Checks 137,116.39
Unadjusted GL Balance 137,116.39
-----------
Difference $ --
===========
JACKSON
OUTSTANDING CHECKS
CASE NO. 04-67610
DATE CHECK OUTSTANDING
- ---------- ----- -----------
12/22/2004 20297 $ 598.59
1/4/2005 20350 2,093.00
1/6/2005 20379 1,128.96
1/19/2005 20452 69.16
1/19/2005 20479 140.00
1/19/2005 20486 312.00
1/19/2005 20488 133.85
1/20/2005 20504 214.44
1/25/2005 20507 27.59
1/25/2005 20508 655.25
1/25/2005 20509 3,668.00
1/25/2005 20510 55,700.00
1/25/2005 20511 2,502.89
1/25/2005 20512 389.61
1/25/2005 20513 1,279.00
1/25/2005 20515 564.64
1/25/2005 20516 198.00
1/25/2005 20518 95.00
1/25/2005 20521 579.93
1/25/2005 20523 152.48
1/25/2005 20525 178.60
1/25/2005 20526 124.00
1/25/2005 20527 47.20
1/25/2005 20528 175.82
1/25/2005 20530 93.00
1/25/2005 20531 2,700.00
1/25/2005 20532 49.39
1/25/2005 20534 137.08
1/25/2005 20535 985.72
1/25/2005 20536 398.92
1/25/2005 20537 1,650.79
1/25/2005 20538 862.67
1/25/2005 20539 68.39
1/25/2005 20540 49,000.00
1/25/2005 20541 832.86
1/25/2005 20542 417.06
1/25/2005 20543 133.85
1/25/2005 20544 250.00
1/25/2005 20545 1,705.20
1/25/2005 20547 1,028.00
1/27/2005 20548 706.80
1/27/2005 20549 194.70
1/27/2005 20551 708.80
1/27/2005 20552 102.74
1/27/2005 20554 2,589.26
1/27/2005 20555 158.55
1/27/2005 20556 195.50
1/27/2005 20558 1,119.10
$137,116.39
INTERMET CORPORATION AND SUBSIDIARIES PERIOD ENDED 1/31/2005
MONTHLY CASH STATEMENT
CASH ACTIVITY ANALYSIS:
CASE # 04-67610
TOOL PRODUCTS - MINNEAPOLIS
---------------------------------------------------------------------
ACCOUNT TYPE LOCKBOX 672990 DEPOSIT AP PR
ACCOUNT # 1851811339 104756210449 2176982920 2176983076
BANK Comerica US Bank Comerica Comerica TOTAL
------------ -------------- ------------ ----------- ---------- ----------
BEGINNING BANK BALANCE -- 7,694 -- -- 7,694
RECEIPTS 4,144,557 317,056 3 -- 4,461,615
TRANSFERS IN (CORPORATE) -- -- 1,176,116 107,844 1,283,960
DIP INFLOW -- -- -- -- --
DISBURSEMENTS -- (442) (1,176,119) (107,844) (1,284,405)
TRANSFERS OUT (CORPORATE) (4,144,557) (314,073) -- -- (4,458,630)
DIP REPAYMENT -- -- -- -- --
---------- -------- ----------- -------- ----------
ENDING BANK BALANCE -- 10,234 -- -- 10,234
WIRES PAID FOR BY CORPORATE 699,265 972,087 1,671,352
CHECKS ISSUED 1,287,543
-----------
TOTAL DISBURSEMENTS (SEE TOTAL
DISBURSEMENTS RECONCILIATION) $ 1,986,809
===========
OUTSTANDING CHECKS AS OF DECEMBER 31 86,931
VOIDED CHECKS OUTSTANDING AS OF DECEMBER 31 (1,060)
CHECKS ISSUED IN JANUARY 1,287,543
CHECK CLEARED IN JANUARY (1,176,119)
-----------
OUTSTANDING CHECKS AS OF JANUARY 31
(SEE OUTSTANDING CHECKLIST) $ 197,296
===========
TOOL PRODUCTS, INC. (MINNEAPOLIS) CASE NO. 04-67610
CASH DISBURSEMENTS
JANUARY 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
A FINKL & SONS CO $ 24,654.30
A&C METALS-SAWING INC 557.25
A.D.T SECURITY SYS 3,235.89
ABRASIVE SPECIALISTS 236.80
ADAMS PEST CONTROL INC 68.75
ADV INSP SERV 3,705.00
ADVANTAGE ENG. 206.70
AGILITY MACHINE 1,036.73
AIR ENGINEERING & SUPPLY 363.28
AIRPORT & AIRLINE TAXI-CAB 56.00
ALERT FIRE & SAFETY CO 745.14
APPLIED INDUSTRIAL 2,488.73
APPLIED PRODUCTS, INC. 282.42
ARROW CRYOGENICS 34,100.64
ASPEN PUBLISHER 233.81
ASSOCIATED BAG COMPANY 635.50
AT&T 187.09
AUTOMATION SOLUTIONS 3,169.44
AVTEC FINISHING SYSTEMS,INC. 82.50
AWD COOLERS 140.58
BANN FORMS TECHNOLOGY 291.15
BATTERIES PLUS 123.94
BOHLER UDDEHOLM CORP. 10,171.87
BOYER FORD 420.87
BRAAS COMPANY 660.15
BRACH MACHINE INC 2,211.41
BRANDON REG --
BROWNING & FERRIS 641.42
BUHLER INC 6,242.62
C C DAY COMPANY 437.46
C.P. LOPEZ 300.00
C.P. VICTOR H. LOPEZ 300.00
CADD/ENGINEERING SUPPLY, INC. 53.45
CARBON PRODUCT TECHNOLOGY 1,836.88
CAREFREE SERVICES INC 2,806.53
CARL AMERSON 230.75
CENTERPOINT ENERGY MARKETING 69,985.24
CENTRAL CONTAINER CORP 25,824.45
CERTIFIED POWER INC 1,126.35
CHECKER MACHINE 3,908.08
CHEM TREND LIMITED PARTNERSHIP 33,514.74
CHERYL FOWLKES 282.48
CIMA TRANSPORT 288.60
CINCINNATI TEST SYSTEMS, INC 2,522.47
CINDY MANCUSO 496.98
TOOL PRODUCTS, INC. (MINNEAPOLIS) CASE NO. 04-67610
CASH DISBURSEMENTS
JANUARY 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
CITY OF NEW HOPE 5,555.44
CLAREY'S SAFETY EQUIPMENT INC 18.75
CLASSIC MACHINE 704.71
CMS-CONSOLIDATED MEDICAL SER 120.00
CMW 893.69
COMMUNICATIONS UNLIMITED 158.00
CROWLEY & ASSOCIATES 8,562.67
CRYSTAL DIE & MOLD 7,940.00
CULLIGAN METRO 394.25
DADANT & SONS, INC 374.12
DAVID OLSON SALES CO 59.82
DECO TOOL SUPPLY COMPANY 2,259.67
DELL MARKETING L.P. 809.34
DELMAR INT'L 420.00
DEPARTMENT OF SOCIAL SERVICES 150.44
DIEMER ASSOCIATES INC 10,795.78
DOODY MECHANICAL SERVICE 3,079.50
DUNCAN COMPANY 1,424.72
DUNWOOD INST 1,050.00
DWAYNE VOSS 630.65
DYNAMEX 591.28
EDM SALES & SUPPLIES 487.86
EDP ENGINEERING GROUP 66,293.72
EMPLOYERS ASSOCIATION 1,167.58
ENERGY MANAGEMENT 1,259.84
ENGINEERED PRODUCTS DIVIS 42,157.44
ENTEGEE/ADVANCE POSSIS 21,799.70
EXCEL 385.89
FAMILY SUPPORT PAYMENT CENTER 151.62
FASTENAL COMPANY 5,162.67
FED EX FREIGHT 2,348.14
FEDEX 625.83
FEDEX FREIGHT EAST 568.30
FERRELL NORTH AM 17,279.77
FERRELLGAS 2,006.44
FINDLAY MACHINE & TOOL 226.08
FIREBRICK ENGINEERING 912.00
FLAME METALS PROCESSING 105.00
FOUR SEASONS FLORAL & GIFTS 265.40
FRANCI AMES 736.33
FRANCIS COMPANY 88.55
FRISBY P.M.C. 17,887.54
GE CAPITAL FLEET 1,735.01
GENERAL ELECTRIC CAPITAL 30,806.55
GERARD DUNNE 198.34
GLOBAL EXCHANGE SERVICES 125.33
TOOL PRODUCTS, INC. (MINNEAPOLIS) CASE NO. 04-67610
CASH DISBURSEMENTS
JANUARY 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
H. R. PETERSON CO. 71.20
HARTFIEL COMPANY 240.87
HEGMAN MACH 3,977.75
HILDRETH 2,840.00
HOLIDAY 1,426.05
HOSE/CONVEYORS INCORPORATED 831.55
IBM CORP 3,945.48
IBM LIMITED SPECIAL BILLING 9.00
IDRAPRINCE INC. 13,332.89
IKON FINANCIAL SERVICES 6,317.88
IKON OFFICE SOLUTIONS 82.03
IMPRINT ENTERPRISES 1,427.43
INDUSTRIAL HYDRAULIC SERVICE 5,077.28
INLAND PAPERBOARD & PKG, INC. 12,788.63
INTEGRA TELECOM 1,500.93
INTEGRATED SALES & ENGINEERING 3,445.42
INTERNATIONAL SURFACE PREPARAT 275.88
INTERNET INC. 73.49
J & W INSTRUMENTS, INC. 1,362.00
JASON MICKELSON 351.59
JEFF JOHNSON 1,392.00
JESCO INDUSTRIAL SUPPLIES 463.14
JESKA TECHNICAL SERVICE, INC 1,100.00
JOHN HENRY FOSTER CO 1,633.89
JON STAEBLER 96.29
KANO LABORATORIES 75.18
KATHY TIEGS 318.00
KENNAMETAL 172.44
KENNETH ETZLER 101.25
KEVIN HEIMANN 925.00
KILLMER ELEC CO INC 5,937.67
KURT MANUFACTURING COMPANY 18,705.53
L & S SERVICES (PREV ANTEC) 421.74
LAKELAND ENG 251.11
LAKEVIEW POLISHING 2,960.00
LARRY SCHWEBACH 1,083.01
LBP MECHANICAL 863.00
LEEF BROS INC 9,817.80
LIBERTY MUTUAL INSURANCE GROUP 34.67
LIQUID SYSTEMS 590.17
LUBE TECH 4,834.85
MACHINE TOOL SUPPLY INC 830.00
MANAGEMENT REC 30,000.00
MANPOWER 1,593.82
MARDON CONTROL SYSTEMS 81.74
MARODI INC 2,096.07
TOOL PRODUCTS, INC. (MINNEAPOLIS) CASE NO. 04-67610
CASH DISBURSEMENTS
JANUARY 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
MARS WP & RS 46.27
MARUDAS BUSINESS FORMS CO 169.34
MATT HANKEN 588.01
MCMASTER CARR SUPPLY CO 3,442.10
MECH TECH INC --
MESSERLI & KRAMER --
METAL TREATERS INC 3,299.72
METALMATIC 49,025.99
METROCALL 58.48
MHC COMPANIES 151.06
MICRO-WELD 2,382.00
MID STATE FABRICATING INC 100.19
MIDWEST MACHINE TOOL 1,243.96
MIDWEST SIGN & SCREEN PRINTING 25.42
MILWAUKEE ELECT 16.50
MINN CHILD SUPPORT PAYMENT CTR 7,711.51
MINNESOTA DEPT OF REVENUE 454.12
MINNESOTA GLOVE INC 161.10
MINNESOTA UC FUND 3,914.34
MN DEPT OF ECON 271.14
MN DEPT OF TRANS 29.00
MN ST BOARD ELECT 80.00
MOHAMED BARRIE 177.51
MPLS CONCRETE 1,000.00
MRG TOOL AND DIE 3,023.25
MSC INDUSTRIAL SUPPLY CO INC 166.54
NADCA 159.81
NANCY MICKELSON 78.69
NATIONAL TOOL 15,440.00
NEW DIMENSION PLATING 2,521.20
NEWARK ELECTRONICS 100.84
NORANDA 152,196.52
NORTH SECOND STREET STEEL 366.07
NORTHERN SANITARY SUPPLY 849.11
NOTT CO. 25.17
NOVOTECHNIK U.S. INC 1,053.33
OCCUPATIONAL MEDICINE 667.50
OLSEN CHAIN & CABLE 206.50
OSI ENVIRONMENTAL 2,460.46
PACE ANALYTICAL 805.00
PAM'S POLISHING 1,400.00
PARAGON TECHNOLOGIES 425.39
PARK NICOLLET 435.00
PETTY CASH 269.33
PHELPS ASSOCIATES 906.65
PHYGEN, INC. 1,360.00
TOOL PRODUCTS, INC. (MINNEAPOLIS) CASE NO. 04-67610
CASH DISBURSEMENTS
JANUARY 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
PINE BEND LANDFILL 425.95
PINNACLE ENGINEERING 1,860.00
PIONEER METAL FINISHING 7,356.46
PITNEY BOWES INC 225.78
POWDER TECH 9,978.97
POWER/MATION DIVISION 5,893.85
PRECISION POLISHING 5,746.00
PRECISION PUNCH & PLASTIC 1,904.00
PRECISION SAW 1,888.92
PRECISION TOOL CO. 1,747.24
PRO STAFF 3,121.20
PROCESS MEASUREMENT 395.12
PRODUCTIVITY INC 68.35
PROGRESSIVE COMPONENTS 1,865.71
PROGRESSIVE ENGINEERING 406.92
PROLIFT SERVICES, INC 3,857.44
PYROTEK 973.41
QUAD STEEL 1,726.00
QUEST ENGINEERING INC 1,752.28
QUICKWAY RIGGING AND 7,926.75
QWEST DEX MEDIA EAST LLC 34.80
RELIASTAR BANKERS 1,930.28
RELIASTAR LIFE INSURANCE CO. 4,923.10
REPLENEX (A-1 CUTTING TOOLS) 214.70
RICE INDUSTRIES 2,997.30
RICK KRAMBER 73.84
RIMROCK CORP 8,954.05
ROBERTS AUTOMATIC PROD INC 9,765.18
S & T OFFICE PRODUCTS INC 2,137.12
S.K. MISRA (FAMILY DOCTORS) 377.00
SAVOIE SUPPLY CO. INC. 3,768.03
SBC PAGING 44.91
SEARS 41.47
SETON IDENTIFICATION PRODUCTS 680.88
SHAD NELSON 537.49
SHIPPERS SUPPLY INC. 227.45
SIR SPEEDY 78.87
SKARNES 81.94
SOUTHCO, INC 8,180.00
SPECTRO 456,000.50
SPECTRUM FINISHING 2,652.60
SPECTRUM INDUSTRIES 9,748.19
SPHERION 140,343.62
SPIRIT TOOL & DIE 960.50
SPRAY-RITE 53,525.41
ST. FRANCIS HOSP 373.25
TOOL PRODUCTS, INC. (MINNEAPOLIS) CASE NO. 04-67610
CASH DISBURSEMENTS
JANUARY 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
ST. PAUL ENGRAVING 1,312.00
STAR TRIBUNE 55.90
STERLING INC. 80.82
STEVE GROTKIN 6,378.58
STEVE SMOTHERS 101.55
STORK-TWIN CITY TESTING CORP 165.00
STRYKO DYNARAD CORPORATION 2,850.00
SUB-MEX 75,585.32
SUNSOURCE 95.40
TAYLOR'S IND SERV / HPM DIV 346.47
TENNESSEE DEPT OF LABOR & WORK 2,773.53
TEXTRON FASTENING SYSTEMS 393.02
THOMAS ZAGER 27.58
TILSNER CARTON CO. 6,737.50
TIM BURKE 25.24
TOLL COMPANY 2,678.36
TOOLING ASSOCIATES 2,238.36
TOOLING SCIENCE/C&D TOOL INC. 520.00
TOSHIBA MACHINE COMPANY 7,150.30
TOTAL COMPLIANCE SOLUTIONS INC 99.00
TOYOTA-LIFT OF MINNESOTA 260.19
TPC WIRE & CABLE 485.09
TRANSMAN LOGISTICS 38,428.01
TRAVERS TOOL CO INC 101.31
TROUT ENTERPRISES, INC. 701.50
TRU-TONE FINISHING 4,620.00
TULL BEARINGS CO 1,563.03
TWIN CITY OPTICAL 2,232.21
ULINE SHIPPING SUPPLIES 190.79
UNITED ELECTRIC CORP 9,343.65
UNITED STATES TREASURY 100.00
UNUM LIFE INS. CO. OF AMERICA 1,079.13
UNUM LIFE INSURANCE CO. OF AMERICA 9,484.81
VALMONT/APPLIED COATING TECH. 27,913.84
VER TECH 109.41
VERIZON WIRELESS 689.02
VIKING ELECTRIC 215.00
W W GRAINGER INC 1,946.59
W.W. GRAINGER PARTS OPERATIONS 16.89
WALTER HAMMOND CO 1,029.08
WEST WELD 350.36
WESTMAN SERVICE 2,950.23
WEYERHAEUSER 40.00
WIRE WORX 13,290.00
WISCONSIN SCTF 202.00
XCEL ENERGY 59,541.69
XTREME MACHINE, INC. 25,880.00
-------------
$1,986,808.63
TOOL PRODUCTS, INC.
CASE NO. 04-67610
AT 1/31/05
MINNEAPOLIS - BANK RECONCILIATION
Bank Balance --
Actual Outstanding Checks $197,295.89
Unadjusted GL Balance 197,295.89
-----------
Difference $ --
===========
TOOL PRODUCTS, INC.
CASE NO. 04-67610
MINNEAPOLIS
OUTSTANDING CHECK LIST
CASE NO. 04-67610
DATE CHECK OUTSTANDING
- ---------- ------ -----------
11/8/2004 451757 $ 271.85
11/11/2004 451812 500.00
11/15/2004 451855 124.74
12/2/2004 452035 60.50
12/3/2004 452068 192.32
12/3/2004 452086 403.25
12/8/2004 452188 105.53
12/21/2004 452371 406.30
12/28/2004 452484 114.01
12/29/2004 452490 45.46
1/5/2005 452553 160.32
1/6/2005 452585 1,050.00
1/6/2005 452592 101.25
1/12/2005 452708 293.39
1/13/2005 452725 236.07
1/13/2005 452731 399.78
1/14/2005 452803 906.65
1/14/2005 452825 1,083.01
1/14/2005 452837 675.00
1/14/2005 452839 834.21
1/14/2005 452845 100.60
1/14/2005 452851 27.58
1/14/2005 452852 204.43
1/18/2005 452859 1,250.00
1/18/2005 452863 328.09
1/19/2005 452865 240.82
1/19/2005 452870 210.00
1/20/2005 452884 1,053.33
1/20/2005 452891 2,754.20
1/21/2005 452904 420.00
1/21/2005 452920 71.20
1/21/2005 452921 60.00
1/21/2005 452933 2,119.17
1/21/2005 452936 435.00
1/21/2005 452968 109.41
1/21/2005 452971 79.44
1/24/2005 452976 206.70
1/24/2005 452978 25.24
1/24/2005 452979 52.62
1/24/2005 452980 221.77
1/25/2005 452982 831.55
1/25/2005 452984 91.64
1/26/2005 452990 143.07
1/26/2005 452992 100.19
1/26/2005 452994 3,945.00
1/27/2005 452995 53.01
1/27/2005 452996 236.80
1/27/2005 452997 1,036.73
TOOL PRODUCTS, INC.
CASE NO. 04-67610
MINNEAPOLIS
OUTSTANDING CHECK LIST
CASE NO. 04-67610
DATE CHECK OUTSTANDING
- ---------- ------ -----------
1/27/2005 452998 150.41
1/27/2005 452999 220.93
1/27/2005 453002 3,593.69
1/27/2005 453003 233.81
1/27/2005 453004 277.45
1/27/2005 453005 25.24
1/27/2005 453006 291.15
1/27/2005 453007 503.97
1/27/2005 453009 1,221.65
1/27/2005 453010 288.60
1/27/2005 453011 18.75
1/27/2005 453012 1,065.98
1/27/2005 453013 37.61
1/27/2005 453014 329.50
1/27/2005 453015 1,040.60
1/27/2005 453018 1,259.84
1/27/2005 453019 5,031.00
1/27/2005 453020 505.91
1/27/2005 453021 836.36
1/27/2005 453022 770.54
1/27/2005 453023 30,275.91
1/27/2005 453024 319.94
1/27/2005 453025 263.06
1/27/2005 453027 407.89
1/27/2005 453028 142.71
1/27/2005 453029 2,889.77
1/27/2005 453030 275.88
1/27/2005 453031 191.21
1/27/2005 453032 378.93
1/27/2005 453033 172.44
1/27/2005 453034 2,205.18
1/27/2005 453035 34.67
1/27/2005 453036 590.17
1/27/2005 453037 414.48
1/27/2005 453038 428.05
1/27/2005 453040 2,171.16
1/27/2005 453041 3,914.34
1/27/2005 453042 113.53
1/27/2005 453043 135.57
1/27/2005 453044 1,000.00
1/27/2005 453045 140.15
1/27/2005 453046 1,064.42
1/27/2005 453047 1,852.00
1/27/2005 453048 757.24
1/27/2005 453049 444.61
1/27/2005 453050 918.00
1/27/2005 453051 1,089.20
1/27/2005 453052 330.62
1/27/2005 453053 427.29
1/27/2005 453054 1,813.80
1/27/2005 453055 792.11
1/27/2005 453056 759.85
1/27/2005 453057 96.29
1/27/2005 453058 59.82
1/27/2005 453059 3,950.55
TOOL PRODUCTS, INC.
CASE NO. 04-67610
MINNEAPOLIS
OUTSTANDING CHECK LIST
CASE NO. 04-67610
DATE CHECK OUTSTANDING
- --------- ------ -----------
1/27/2005 453060 25,252.36
1/27/2005 453061 2,850.00
1/27/2005 453062 8,190.06
1/27/2005 453063 2,773.53
1/27/2005 453064 740.49
1/27/2005 453065 922.00
1/27/2005 453066 101.31
1/27/2005 453067 414.00
1/27/2005 453068 90.61
1/27/2005 453069 1,500.22
1/27/2005 453070 25.00
1/27/2005 453071 4,950.54
1/27/2005 453072 188.81
1/27/2005 453073 810.00
1/27/2005 453074 50.50
1/27/2005 453075 8,930.00
1/28/2005 453076 2,689.10
1/28/2005 453077 1,545.93
1/28/2005 453078 16.24
1/28/2005 453079 341.95
1/28/2005 453080 17,015.87
1/28/2005 453081 375.00
1/28/2005 453082 29.00
1/28/2005 453083 4,421.86
1/28/2005 453084 238.00
1/28/2005 453085 81.94
1/28/2005 453086 371.36
1/28/2005 453087 1,125.45
1/28/2005 453088 146.95
1/31/2005 453089 1,126.35
1/25/2005 452987 941.40
1/25/2005 452988 6,145.00
$197,295.89
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: JANUARY 31, 2005
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.)
Name: TOOL PRODUCTS, INC. Capacity: ___ Shareholder
Case Number: 04-67610 ___ 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 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
Dated: FEBRUARY 28, 2005
________________________________________
PRINCIPAL, OFFICER, DIRECTOR, OR INSIDER
Form 6
Tool Products, Inc.
Case Number: 04-67610
Intermet Corporation and Subsidiaries
Schedule of In-Force Insurance
INSURANCE TYPE CARRIER POLICY PERIOD
- -------------------- -------------- -----------------
Property Lloyds 11/1/04-11/1/05
Boiler/Machine Hartford 11/1/04-11/1/05
Cargo Fireman's Fund 11/1/04-11/1/05
Truck Cargo Fireman's Fund 11/1/04-11/1/05
Aviation USAIG 11/1/04-11/1/05
Fiduciary St. Paul 11/1/04-11/1/05
Primary D&O St. Paul 11/1/04-11/1/05
Excess D&O Chubb 11/1/04-11/1/05
Excess D&O Platte River 11/1/04-11/1/05
Crime AIG 12/1/04-12/1/05
General Liability ACE 12/22/04-12/22/05
Umbrella National Union 12/22/04-12/22/05
Workers' Comp ACE 12/22/04-6/22/05
Excess Workers' Comp ACE 12/22/04-12/22/05
Auto ACE 12/22/04-12/22/05
Foreign (DIC) ACE 12/22/04-12/22/05
Note: This list does not include In-Force Insurance for Foreign Subsidiaries.
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 JANUARY 31, 2005:
IN RE: )
INTERMET CORPORATION, ET AL ) CASE NO: 04-67614
) Chapter 11
) Judge: Marci B. McIvor
WAGNER CASTINGS CO. )
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 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 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
is true and correct to the best of my information and belief.
Dated: FEBRUARY 28, 2005 /s/ Robert E. Belts
--------------------------------------------
Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- --------------
Title Phone
Intermet Corp. and Subsidiaries
Operating Statement
For the Month Ended 01-31-05
($000's)
CASE #04-67614
WAGNER
CASTINGS
----------------------------------
Current Month Total Since Filing
------------- ------------------
Net Sales $5,695 $21,160
Cost of Goods Sold
Materials and Freight 1,011 5,387
Wages - Hourly 754 2,939
Wages-Salary 380 1,742
Employee Benefits and Pension 1,017 5,535
Repairs & Maintenance 275 879
Supplies 268 1,046
Utilities 541 1,793
Purchased Components/Services 821 3,028
Income(loss) from Pattern Sales (26) (68)
Fixed Asset - (gain/loss) (11) (11)
MIS Expense 39 175
Travel & Entertainment 3 9
Other Variable Costs (36) 624
Depreciation & Amortization 324 1,372
Other Allocated Fixed Costs -- --
Other Fixed Costs 165 642
------ -------
Cost of Goods Sold 5,525 25,092
Gross Profit 170 (3,932)
Plant SG&A Expense 22 81
SG&A Expense - Allocation (Sched 1) 191 722
Other Operating Expenses -- 530
------ -------
Total Operating Expenses 213 1,333
Operating Profit (43) (5,265)
Outside Interest Income -- --
Outside Interest (Expense) -- --
Intercompany Interest Income -- --
Intercompany Interest (Expense) (56) (196)
Charges (From) Affiliates -- --
Charges To Affiliates -- --
Income/Loss From European Operations -- --
Other Income/(Expense) -- --
------ -------
Total Non-Operating Expenses (56) (196)
Income Before Income Taxes (99) (5,461)
Income Tax Expense -- --
------ -------
Net Income ($99) ($5,461)
====== =======
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs January
(Allocation of Corporate Costs to Filing Entities)
(000's)
January
-------
Officer Compensation $ 189
Salary Expense other Employees 1,097
Employee Benefits and Pension 145
Payroll Taxes 96
Other Taxes 5
Rent and Lease Expense 185
Interest Expense
Insurance 36
Automobile and Truck Expense 11
Utilities(Gas Electric,Phone) 32
Depreciation 73
Travel and Entertainment 58
Repairs and Maintenance 111
Advertising/Promotion 0
Supplies, Office Expense 33
OTHER:
Contributions 0
Professional Fees - Audit/Tax 131
Bank Fees 24
Public Reporting Fees 16
Employee Relocation/Training 0
Data Processing 20
Dues and Subscriptions 20
Outside Services 129
Project Development Costs net of Billings 133
Director Fees 25
Miscellaneous 5
Professional Fees - Bankruptcy (157)
Cost Allocation - Out (244)
------
$2,174
======
Allocation:
Wagner Castings 191
Northern Castings 50
Ironton Iron 0
Lynchburg Foundry 193
Columbus Foundry 313
Wagner Havana 0
Intermet U.S. Holdings 259
Cast-Matic Corp. 82
Diversified Diemakers 257
Ganton Technologies 168
Tool Products 137
Intermet Corporation 524
------
Total $2,174
======
INTERMET Corp. and Subsidiaries
Balance Sheet as of 1-31-05
CASE #04-67614
--------------
WAGNER
CASTINGS
--------------
Cash And Equivalents $ 31
Accounts Receivable 8,876
Short-Term Intercompany Receivables 121
Inventories 5,643
Other Current Assets 1,020
--------
TOTAL CURRENT ASSETS 15,691
Land and Buildings 2,400
Machinery & Equipment 58,011
Construction In Progress 899
--------
Total Fixed Assets 61,310
Accumulated Depreciation (47,450)
--------
NET FIXED ASSETS 13,860
Investment In Subsidiaries 0
Investment In European Operations 0
Long-Term Intercompany Receivables 0
Deferred Taxes, Long-Term Asset 0
Other Assets 184
--------
TOTAL ASSETS $ 29,735
========
LIABILITIES AND SHAREHOLDER EQUITY
POST PETITION LIABILITIES
Accounts Payable $ 908
Wages and Salaries (See schedule) 231
Taxes Payable - (See schedule) 117
--------
TOTAL POST PETITION LIABILITIES 1,256
SECURED LIABILITIES:
SECURED 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. 1,165
Accrued Payroll 14
Accrued Payroll Taxes 0
--------
TOTAL TAXES AND OTHER PRIORITY LIABILITIES 1,230
UNSECURED LIABILITIES
Accounts Payable 6,559
Senior & IDR Bonds 0
--------
TOTAL UNSECURED LIABILITIES 6,559
OTHER LIABILITIES
Accrued Liabilities 1,643
Short-Term Intercompany Payables 5
Capital Leases 0
Retirement Benefits (1,742)
Deferred Taxes - Long-Term Liability 0
Other Long-Term Liabilities 0
Long-Term Intercompany Payables 9,500
Minority Interest 0
--------
TOTAL LIABILITIES 18,451
Common Stock 0
Capital In Excess Of Par Value 17,027
Retained Earnings - Prepetition (282)
Retained Earnings - Post Petition (5,461)
Equity In European Operations
Accumulated Translation Adjustment 0
Minimum Pension Liability Adjustment 0
Unearned Restricted Stock 0
--------
TOTAL SHAREHOLDER EQUITY 11,284
--------
TOTAL LIABILITIES AND EQUITY $ 29,735
========
PERIOD ENDED: 1-31-05 WAGNER CASTINGS COMPANY CASE #04-67614
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
12/31/2004 Withheld Deposits 01-31-05
---------- ----------- ---------- ---------
Income tax withheld: Federal ($ 16,164) ($ 102,555) $ 105,681 ($ 13,038)
Income tax withheld: State (4,408) (28,144) 28,453 (4,098)
Income tax withheld: Local 0 0 0 0
FICA Withheld (7,564) (75,013) 75,900 (6,677)
Employers FICA (22,973) (78,913) 75,900 (25,986)
Unemployment Tax: Federal (1,941) (8,170) 7,767 (2,344)
Unemployment Tax: State (23,943) (93,806) 89,986 (27,763)
All Other Payroll W/H (24,084) (81,951) 82,446 (23,590)
State Taxes: Inc./Sales/Use/Excise 0 (82) 0 (82)
Property Taxes (17,829) (6,000) 0 (23,829)
Workers Compensation 11,484 (1,700) 0 9,784
--------- ----------- ---------- ---------
Total ($107,422) ($ 476,333) $ 466,133 ($117,622)
Wages and Salaries (160,144) (696,353) 625,363 (231,134)
--------- ----------- ---------- ---------
Grand Total ($267,565) ($1,172,686) $1,091,496 ($348,756)
========= =========== ========== =========
Aging of Accounts Receivable
and Post Petition Accounts Payable
Age in Days Total 0-30 Days 30-60 Days Over 60 Days
- ----------- ------------- ------------ ---------- ------------
Accounts Payable - Post Petition $ 907,605 702,028.18 205,182.55 394.57
Accounts Receivable -Pre & Post 9,976,962.54 8,451,813.21 471,248.91 1,053,900.42
INTERMET CORPORATION AND SUBSIDIARIES PERIOD ENDED 1/31/2005
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 -- -- -- 29,565 -- -- 29,565
RECEIPTS 892,213 2,918,006 5,919 348 -- -- 3,816,486
TRANSFERS IN (CORPORATE) -- -- 1,952,869 -- 207,578 581 2,161,028
DIP INFLOW -- -- -- -- -- -- --
DISBURSEMENTS -- -- (1,958,788) -- (207,578) (581) (2,166,947)
TRANSFERS OUT (CORPORATE) (892,213) (2,918,006) -- -- -- -- (3,810,219)
DIP REPAYMENT -- -- -- -- -- -- --
------- --------- ----------- ------ --------- --- ----------
ENDING BANK BALANCE -- -- (0) 29,913 -- -- 29,913
WIRES PAID FOR BY CORPORATE 1,647,651 1,100,777 2,748,429
CHECKS ISSUED 2,237,616
-----------
TOTAL DISBURSEMENTS $ 3,885,268
(SEE TOTAL DISBURSEMENTS RECONCILIATION) ===========
OUTSTANDING CHECKS AS OF DECEMBER 31 113,834
VOIDED CHECKS OUTSTANDING AS OF DECEMBER 31 (9,288)
Checks Issued in January 2,237,616
CHECK CLEARED IN JANUARY (1,952,870) Does not include $ 5,918.08 of checks posted and returned.
-----------
OUTSTANDING CHECKS AS OF JANUARY 31 $ 389,293
(SEE OUTSTANDING CHECKLIST) ===========
WAGNER CASTINGS, INC.
CASH DISBURSEMENTS
JANUARY 2005 CASE NO. 04-67614
VENDOR TOTAL DISBURSEMENTS
- ------------------------------ -------------------
300 BELOW $ 509.50
A D BROOKS 440.00
ABB INC 18,495.75
ADA JACKSON 440.00
ADVANCED CARBIDE TOOL 197.65
AETNA US HEALTHCARE 16,824.24
AL INDUSTRIAL US LP 3,519.14
AMERENIP 269,589.02
AMERICAN FIRE SYSTEMS INC 471.00
AMETEK DREXELBROOK 660.63
ANN ROYER 20.00
ANNIE GRAVES AND 500.00
APPLIED PROCESS INC 13,372.63
ARAMARK UNIFORM SERVICES INC 4,232.61
ARCH WIRELESS 1,120.69
ARCHIE JOHNSON 440.00
ARTHUR G BYRNE CO INC 3,630.70
AT&T 2,449.71
B & T MAIL SERVICE 735.40
BARBARA LEE 440.00
BEARING DISTRIBUTORS INC 42,298.61
BEARING HEADQUARTERS CO 124.72
BELMONT METALS INC 873.70
BENTONITE PERFORMANCE MINERALS 69,000.00
BETTY HAMILTON 440.00
BLACK & CO #11 19,116.90
BLACKHAWK SALES 75.00
BLASTEC INC 148.33
BODINE ELECTRIC OF DECATUR 2,734.74
BODINE ENVIRONMENTAL SERVICE 1,500.00
BODINE SERVICES INC 426.16
BOULEVARD PROPERTIES LLC 856.25
BOWMAN HEINTZ BOSCIA & VICIAN 24.77
BRYAN CARTER 1,516.40
BUEL COLE 440.00
BURDICK PLUMBING INC 4,800.00
BUSCHE ENTERPRISE DIVN INC 177,140.45
C A PICARD SURFACE ENG INC 809.04
C C FIRE EQUIPMENT CO INC 5,883.60
C H ROBINSON INC 1,863.75
CANFIELD & JOSEPH INC 4,110.00
CAPITOL REPORTING SERVICE INC 52.95
CARCO INC 1,394.87
CARRIER VIBRATING EQUIPMENT (337.62)
CATTRON THEIMEG INC 755.03
WAGNER CASTINGS, INC. CASE NO. 04-67614
CASH DISBURSEMENTS
JANUARY 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
CC METALS AND ALLOYS INC 21,603.09
CENTRAL STEEL & WIRE CO 316.10
CHAMPION CHISEL WORKS INC 2,573.04
CHARLES BEDFORD OD/DEC EYECARE 100.00
CHEMSEARCH 1,144.30
CHRIS INCORPORATED 750.00
CINGULAR WIRELESS 18.34
CITY OF DECATUR 17,108.35
CLIMATE CONTROL 88,751.92
COLUMBIA MARKING TOOLS 502.08
COLUMBUS MCKINNON CORP 5,249.83
CONNOR CO 1,746.15
CONTINENTAL CARBONIC PROD INC 941.43
CONWAY CENTRAL EXPRESS 691.46
CONWAY TRANSPORTATION 66.90
CORN BELT FS INC 11,755.76
CREATIVE BUSINESS FORMS 1,570.32
CROWN PACKAGING CORP 19,356.30
CULLIGAN WATER SYSTEMS 324.84
DAMON LEE 440.00
DAUBER COMPANY 72,210.00
DAVID J JOSEPH CO 336,000.00
DAVID RIGHTNOWAR 440.00
DAVID TRUEBLOOD 26.00
DE LAGE LANDEN FIN SERVICES 1,965.00
DECATUR BLUEPRINT CO 55.08
DECATUR BOLT CO INC 1,232.71
DECATUR INDUSTRIAL ELECTRIC 1,867.26
DECATUR MACHINE & TOOL CO 1,971.84
DECATUR MDICAL DENTAL CR UNION 768.35
DECATUR MEMORIAL HOSPITAL 91.42
DECATUR NEUROLOGICAL ASSOC 980.00
DECATUR PRIDE CHECKER CAB 4.50
DHL EXPRESS 239.59
DIDION INTERNATIONAL INC 33,238.16
DISA GOFF INC 12,553.45
DISA INDUSTRIES INC 60,737.40
DMH DBA CIPS DECATUR NEURO 200.00
DONALD SCHELL 440.00
DONALDSON CO INC 2,609.00
DONNELLY AUTOMOTIVE MACH INC 1,090.22
DORSEY PIRTLE 440.00
DWYER INSTRUMENTS INC 311.00
DYNAMIC AIR INC 320.66
DYNAMIC BULK SYSTEMS INC 715.00
EDMUND IND. OPTICS 595.65
WAGNER CASTINGS, INC. CASE NO. 04-67614
CASH DISBURSEMENTS
JANUARY 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
ELECTRO-NITE CO 15,639.48
ENGINEERED TOOLING DIV 6,570.72
ENGLEWOOD 1,594.16
ENTERPRISE GROUP 1,868.48
FACTUAL PHOTO 984.00
FAMILY SUPPORT PAYMENT CENTER 297.08
FIVE MORRS 213.26
FLOWSERVE INC 479.34
FOREMOST ELECT AND TRANS INC 772.00
FOSECO INC 5,205.00
FRANK MATTHEWS 440.00
FRANK REED 440.00
FRISBY PMC 171,904.51
G E CAPITAL 2,017.49
G G BARNETT TRANSPORT INC 2,670.57
G S ROBINS & CO 378.28
GARD SPECIALISTS CO INC 734.66
GARY BREAZEALE 289.98
GE CAPITAL 642.02
GENERAL KINEMATICS CORP 4,214.72
GERDAU AMERISTEEL 6,261.32
GLENN ZILLS 440.00
GRAINGER INC 1,971.45
GRAPHIC PRODUCTS 938.86
GREGG OLDFIELD 1,340.39
GULLY TRANSPORTATION 3,826.01
HA INTERNATIONAL LLC 23,694.44
HAGERTY BROTHERS CO 5,224.71
HARRY BOND 440.00
HARRY E HILLS & ASSOC 4,932.45
HAUCK MFG CO 105.11
HAUSNER HARD-CHROME INC. 7,400.00
HERMAN WOODLEY 123.31
HICKMAN WILLIAMS & CO 116,718.40
HILLS SPORTS MEDICINE 1,364.00
HOLTGRIEVE & CO 8,060.58
HTE TECHNOLOGIES 1,639.95
ILL STUDENT ASSISTANCE COMM 177.15
ILLINOIS DEPT OF REVENUE 562.20
ILLINOIS EMERGENCY MANAGEMENT 690.00
ILLINOIS ENVIRONMENTAL 500.00
INTERMEC TECHNOLOGIES CORP 6,385.80
INTERNAL REVENUE SERVICE 1,262.50
IVORY CURRY 440.00
J C JELKS 440.00
J.D. FINLEY 440.00
WAGNER CASTINGS, INC. CASE NO. 04-67614
CASH DISBURSEMENTS
JANUARY 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
JAMES GAVIN 440.00
JAMES JONES 669.16
JAMES REED 440.00
JER INDUSTRIAL SERVICES LLC 450.60
JERRY BUCKLEY 640.00
JERRY SHERWOOD 440.00
JMS HAND ASSOCIATES S.C. 137.00
JOHN C KEFALAS MDSC 489.06
JOHN H GERMERAAD - TRUSTEE 2,653.44
JOHN HENRY FOSTER CO 755.45
JORDAN S YOUNGERMAN MD 95.00
KANSAS PAYMENT CENTER 276.92
KAYTECH SERVICES INC 772.09
KELLY CONSTRUCTION 1,200.00
KENT RUDBECK 300.00
KINDT-COLLINS CO 326.40
KING-LAR CO 25,327.65
KIRBY RISK CORP 10,891.14
L & N INDUSTRIES INC 5,327.62
LAND OF LINCOLN CREDIT UNION 54,206.64
LAND TRANSPORT 1,963.84
LARPEN METALLURGICAL SERVICE 39,339.43
LARRY BONNELL 440.00
LARRY HAYES 440.00
LARRY TURPIN AND 5,000.00
LEADING EDGE ENTERPRISES INC 3,500.00
LECO CORP 1,680.00
LEVOY REED 440.00
LOCAL #6-728 PACE 6,281.80
LOUIS THOMAS 440.00
LYNN ZASADA 440.00
M H EQUIPMENT 231.18
M H EQUIPMENT CORP 2,847.21
MACIOROWSKI SACKMANN & ULRICH 7,240.52
MACK MOORE SHOE CO INC 300.03
MARTIN BROS CONTAINER & 13,996.80
MARTIN BRUMETT 605.70
MARVIN BRANDT 440.00
MARVIN KELLER TRUCKING 400.00
MARY MARTIN 759.38
MCMASTER-CARR SUPPLY CO 1,878.99
MENNIE'S MACHINE CO 98,132.43
METOKOTE CORP 25,177.89
METRO METAL PRODUCTS INC 31,130.47
MICHAEL E CLARK DPM 300.00
MICRO TEK PATTERN INC 8,300.00
WAGNER CASTINGS, INC. CASE NO. 04-67614
CASH DISBURSEMENTS
JANUARY 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
MIDSTATE CORE CO 1,054.70
MIDWEST CREDIT & COLLECTION 2,127.51
MORGAN DISTRIBUTING INC 10,620.66
MORGAN EXPRESS INC 39,868.72
MOTION INDUSTRIES INC 851.72
NATIONAL CITY 1,520.99
NATIONAL CITY BANK 24,202.77
NIRMAL DATTA 969.01
NOBLE SALES INC 3,809.84
NORFOLK SOUTHERN RAILWAY CO 10,830.00
NORTH STAR IMAGING INC 5,268.59
OMNISOURCE FT WAYNE FERR DIV 730,023.99
ONYX WASTE SERVICES MIDWEST 46,126.51
OSBORNE'S MACHINE & 400.00
PAUL ALTHOFF 940.79
PECHINEY WORLD TRADE 32,540.19
PEERLESS METAL POWDERS 42,900.00
PEORIA DISPOSAL COMPANY 90.00
PERFECTION SERVO HYDRAULIC 184.09
PHILLIP DANNEWITZ 440.00
PIONEER INDUSTRIAL CORP 177.76
PRAIRIE IDEALEASE 1,634.03
PRIMETRADE 250,138.76
PROCESS EQUIPMENT & CONTROLS 681.76
QUALITY CONTAINMENT SOLUTIONS 640.00
R D MCMILLEN ENTERPRISES 4,900.19
RADIOLOGICAL ASN OF DECATUR 192.00
RECORD COPY SERVICES 29.75
REFRACTORY SALES & SRV CO INC 3,786.00
RENEE HADDEN 200.00
RENTAL SERVICE CORP 1,366.80
RICHARD COLE 440.00
RICK WALLACE 236.79
ROBERT LOWRY 440.00
ROBERTS SINTO CORP 6,091.60
ROBOHAND INC 183.84
ROCKFORD RIGGING INC 1,087.32
ROLAND MABRY 440.00
ROTARY CLUB OF DECATUR 163.00
RUSS CARTER AND ASSOCIATES 1,722.47
S J SMITH WELDING SUPPLY 25,430.64
SAFETY-KLEEN CORP 98.28
SAFEWORKS DECATUR 423.85
SAFEWORKS-ILLINOIS 10,882.94
SAINT GOBAIN 529.00
SANITARY DISTRICT OF DECATUR 708.00
WAGNER CASTINGS, INC. CASE NO. 04-67614
CASH DISBURSEMENTS
JANUARY 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
SBC 1,755.90
SBC GLOBAL SERVICES INC 3,996.40
SECURITAS SEC SVCS USA INC 10,218.87
SHERMAN BAINE 440.00
SIMPSON TECH 464.00
SIMPSON TECHNOLOGIES 20,769.92
SLIGO STEEL 5,501.25
SOPH TECH 1,856.36
SOUTHERN IL HAND CENTER SC 75.00
SPRINGFIELD ELECTRIC 12,599.92
ST MARY'S HOSPITAL 6,053.60
STEPHEN COMPUTER SERVICES INC. 1,003.00
STERICYCLE INC 113.34
STONE CONTAINER CORP 11,937.50
STRIGLOS OFFICE EQUIPMENT 1,596.66
STUART BAKER MD 297.00
SUNBELT RENTALS 6,750.25
TARRANTS RADIATOR BRAKE SERV 207.00
TENNECO 12,540.00
TERMINIX INTERNATIONAL 374.00
TEST EQUIPMENT DISTRIBUTORS 1,718.50
THOMAS H BOWDRE 440.00
THOMPSON'S EQUIPMENT 403.00
TRACY CAUSEY 69.02
TRANSMAN 35,694.89
TYDUS GREEN 440.00
U S DEPARTMENT OF EDUCATION 296.93
U S HARDWOOD PRODUCTS 16,303.76
U S OIL CO INC-ENERGY SERV DIV 170,210.94
UNION PLANTERS TRUST 5,800.00
UNION PLANTERS TRUST & INVEST 100.00
UNITED BUILDING CENTERS 253.75
UNITED WAY OF DEC & MID-IL 1,104.25
UNITHERM FURNACE CORP 123.62
VERIZON WIRELESS 1,043.65
WABEL TOOL CO 87,237.11
WALGREEN CO 26.09
WALLENDER-DEDMAN PRINTING 967.65
WALZ EQUIPMENT 4,185.19
WARD NORTH AMERICA INC 1,698.00
WASTE MANAGEMENT OF DECATUR 984.00
WATTS COPY SYSTEMS INC 2,518.91
WEDRON SILICA COMPANY 6,015.00
WHEELABRATOR 12,911.33
WI SCTF 384.00
WIESE PLANNING & ENGR INC 1,577.80
WAGNER CASTINGS, INC. CASE NO. 04-67614
CASH DISBURSEMENTS
JANUARY 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
WILLIAM A KIBBE & ASSOC INC 2,955.00
WILLIAM M MCCARTY 2,763.00
WILLIAM WALKER 440.00
WILLIE LEE GREEN 440.00
WM W MEYER & SONS INC 1,263.09
WORKING RX 12.43
WORLDWIDE FILTER 541.44
YMCA 7,000.00
ZEP MFG CO 873.55
-------------
$3,885,267.77
DECATUR
CASE # 04-67614
AT 1/31/05
DECATUR - BANK RECONCILIATION
Bank Balance $ --
Actual Outstanding Checks 389,292.99
Unadjusted GL Balance 389,292.99
-----------
Difference $ --
===========
DECATUR
OUTSTANDING CHECKS
CASE # 04-67614
DATE CHECK OUTSTANDING
- ---------- ------ -----------
11/29/2004 116586 $ 1,799.88
12/2/2004 116677 6,798.97
12/13/2004 116949 163.13
12/16/2004 117026 535.00
12/16/2004 117036 658.00
12/22/2004 117184 2,778.00
12/22/2004 117189 190.00
1/7/2005 117412 300.03
1/10/2005 117448 3,495.85
1/11/2005 117467 1,570.32
1/14/2005 117578 1,516.40
1/14/2005 117592 1,048.32
1/14/2005 117601 1,629.00
1/17/2005 117654 220.00
1/18/2005 117671 533.22
1/18/2005 117682 580.00
1/19/2005 117694 1,176.70
1/19/2005 117696 313.20
1/19/2005 117701 534.59
1/19/2005 117710 264.00
1/20/2005 117722 3,630.70
1/20/2005 117723 1,780.39
1/20/2005 117742 114.88
1/20/2005 117764 1,698.00
1/21/2005 117782 1,552.00
1/21/2005 117784 2,494.78
1/21/2005 117793 26,391.12
1/24/2005 117801 315.53
1/24/2005 117817 854.94
1/24/2005 117825 28,273.60
1/25/2005 117834 3,111.48
1/25/2005 117836 132.00
1/25/2005 117837 534.59
1/25/2005 117839 316.37
1/25/2005 117842 2,579.43
1/25/2005 117844 9,265.20
1/25/2005 117845 1,057.54
1/26/2005 117861 51.84
1/26/2005 117863 6,811.44
1/26/2005 117864 4,275.74
1/26/2005 117866 359.73
1/26/2005 117867 239.59
1/26/2005 117869 11,284.50
1/26/2005 117871 524.02
1/26/2005 117872 1,924.82
1/26/2005 117875 3,759.00
1/26/2005 117876 1,479.24
1/26/2005 117879 1,050.00
1/26/2005 117881 1,985.32
1/26/2005 117882 402.90
1/27/2005 117890 500.00
1/27/2005 117891 17.48
1/27/2005 117893 4,800.00
1/27/2005 117894 1,000.00
DECATUR
OUTSTANDING CHECKS
CASE # 04-67614
DATE CHECK OUTSTANDING
- ---------- ------ -----------
1/27/2005 117896 4,951.66
1/27/2005 117897 324.84
1/27/2005 117898 14,448.00
1/27/2005 117899 753.00
1/27/2005 117900 91.42
1/27/2005 117901 980.00
1/27/2005 117902 257.40
1/27/2005 117903 6,570.72
1/27/2005 117904 73.27
1/27/2005 117909 7,400.00
1/27/2005 117911 69.23
1/27/2005 117915 5,000.00
1/27/2005 117916 13,996.80
1/27/2005 117917 202.26
1/27/2005 117918 2,115.08
1/27/2005 117920 790.00
1/27/2005 117921 940.79
1/27/2005 117923 137.39
1/27/2005 117924 640.00
1/27/2005 117926 336.79
1/27/2005 117927 423.85
1/27/2005 117928 161.05
1/27/2005 117929 5,970.00
1/27/2005 117930 1,559.40
1/27/2005 117931 291.20
1/27/2005 117932 1,003.00
1/27/2005 117933 2,387.50
1/27/2005 117934 240.00
1/27/2005 117936 148.50
1/27/2005 117937 3,736.50
1/27/2005 117938 2,220.19
1/28/2005 117947 10,469.76
1/28/2005 117948 1,155.65
1/28/2005 117949 175.41
1/28/2005 117950 859.77
1/28/2005 117951 15,021.36
1/28/2005 117952 3,766.50
1/28/2005 117953 100.00
1/28/2005 117954 8,777.69
1/28/2005 117956 734.19
1/28/2005 117957 381.21
1/28/2005 117958 307.18
1/28/2005 117959 14,670.00
1/28/2005 117960 10,350.60
1/28/2005 117961 378.28
1/28/2005 117962 4.00
1/28/2005 117963 105.11
1/28/2005 117964 123.31
1/28/2005 117965 2,964.48
1/28/2005 117966 201.15
1/28/2005 117967 147.78
1/28/2005 117968 440.72
1/28/2005 117969 7,649.40
1/28/2005 117970 34.00
DECATUR
OUTSTANDING CHECKS
CASE # 04-67614
DATE CHECK OUTSTANDING
- --------- ------ -----------
1/28/2005 117971 294.26
1/28/2005 117972 500.75
1/28/2005 117973 529.00
1/28/2005 117974 508.00
1/28/2005 117975 2,424.19
1/28/2005 117976 187.00
1/28/2005 117977 5,368.50
1/28/2005 117978 449.14
1/28/2005 117979 1,350.00
1/31/2005 117986 1,142.25
1/31/2005 117987 572.22
1/31/2005 117988 864.45
1/31/2005 117989 13,354.44
1/31/2005 117990 621.25
1/31/2005 117991 755.03
1/31/2005 117993 6,739.04
1/31/2005 117994 237.91
1/31/2005 117995 2,609.00
1/31/2005 117996 9,442.56
1/31/2005 117997 1,858.32
1/31/2005 117998 183.50
1/31/2005 117999 122.07
1/31/2005 118000 11,881.80
1/31/2005 118001 168.93
1/31/2005 118002 5,368.50
1/31/2005 118003 434.50
1/21/2005 119530 2,000.00
1/21/2005 119531 240.32
1/27/2005 119535 1,644.15
1/27/2005 119536 1,680.00
1/28/2005 119537 1,718.50
1/28/2005 119538 1,639.95
1/31/2005 119539 3,128.97
11/5/2004 120747 1,564.32
$389,292.99
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: JANUARY 31, 2005
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.)
Name: WAGNER CASTINGS CO. Capacity: ___ Shareholder
Case Number: 04-67614 ___ 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 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
Dated: FEBRUARY 28, 2005 ________________________________________
Principal, Officer, Director, or Insider
Form 6
Wagner Castings Co.
Case Number: 04-67614
Intermet Corporation and Subsidiaries
Schedule of In-Force Insurance
INSURANCE TYPE CARRIER POLICY PERIOD
- -------------------- -------------- -----------------
Property Lloyds 11/1/04-11/1/05
Boiler/Machine Hartford 11/1/04-11/1/05
Cargo Fireman's Fund 11/1/04-11/1/05
Truck Cargo Fireman's Fund 11/1/04-11/1/05
Aviation USAIG 11/1/04-11/1/05
Fiduciary St. Paul 11/1/04-11/1/05
Primary D&O St. Paul 11/1/04-11/1/05
Excess D&O Chubb 11/1/04-11/1/05
Excess D&O Platte River 11/1/04-11/1/05
Crime AIG 12/1/04-12/1/05
General Liability ACE 12/22/04-12/22/05
Umbrella National Union 12/22/04-12/22/05
Workers' Comp ACE 12/22/04-6/22/05
Excess Workers' Comp ACE 12/22/04-12/22/05
Auto ACE 12/22/04-12/22/05
Foreign (DIC) ACE 12/22/04-12/22/05
Note: This list does not include In-Force Insurance for Foreign Subsidiaries.
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 JANUARY 31, 2005:
IN RE: )
INTERMET CORPORATION, ET AL ) CASE NO: 04-67611
) Chapter 11
) Judge: Marci B. McIvor
WAGNER HAVANA, INC. )
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 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 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
is true and correct to the best of my information and belief.
Dated: FEBRUARY 28, 2005 /s/ Robert E. Belts
--------------------------------------------
Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- --------------
Title Phone
Intermet Corp. and Subsidiaries
Operating Statement
For the Month Ended 01-31-05
($000's)
CASE #04-67611
WAGNER
HAVANA
----------------------------------
Current Month Total Since Filing
------------- ------------------
Net Sales $ 0 $ 0
Cost of Goods Sold
Materials and Freight -- --
Wages - Hourly -- --
Wages-Salary -- --
Employee Benefits and Pension (28) 120
Repairs & Maintenance -- --
Supplies 50 50
Utilities 11 11
Purchased Components/Services -- (1)
Income(loss) from Pattern Sales -- --
Fixed Asset - (gain/loss) -- --
MIS Expense -- 1
Travel & Entertainment -- --
Other Variable Costs 2 6
Depreciation & Amortization -- --
Other Allocated Fixed Costs -- --
Other Fixed Costs 33 98
----- --------
Cost of Goods Sold 68 285
Gross Profit (68) (285)
Plant SG&A Expense -- --
SG&A Expense - Allocation (Sched 1) -- --
Other Operating Expenses -- 4,895
----- --------
Total Operating Expenses -- 4,895
Operating Profit (68) (5,180)
Outside Interest Income -- --
Outside Interest (Expense) -- --
Intercompany Interest Income -- --
Intercompany Interest (Expense) -- (5)
Charges (From) Affiliates -- --
Charges To Affiliates -- --
Income/Loss From European Operations -- --
Other Income/(Expense) -- (34)
----- --------
Total Non-Operating Expenses -- (39)
Income Before Income Taxes (68) (5,219)
Income Tax Expense -- --
----- --------
Net Income ($68) ($5,219)
===== ========
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs January
(Allocation of Corporate Costs to Filing Entities)
(000's)
January
-------
Officer Compensation $ 189
Salary Expense other Employees 1,097
Employee Benefits and Pension 145
Payroll Taxes 96
Other Taxes 5
Rent and Lease Expense 185
Interest Expense
Insurance 36
Automobile and Truck Expense 11
Utilities(Gas Electric,Phone) 32
Depreciation 73
Travel and Entertainment 58
Repairs and Maintenance 111
Advertising/Promotion 0
Supplies, Office Expense 33
OTHER:
Contributions 0
Professional Fees - Audit/Tax 131
Bank Fees 24
Public Reporting Fees 16
Employee Relocation/Training 0
Data Processing 20
Dues and Subscriptions 20
Outside Services 129
Project Development Costs net of Billings 133
Director Fees 25
Miscellaneous 5
Professional Fees - Bankruptcy (157)
Cost Allocation - Out (244)
------
$2,174
======
Allocation:
Wagner Castings 191
Northern Castings 50
Ironton Iron 0
Lynchburg Foundry 193
Columbus Foundry 313
Wagner Havana 0
Intermet U.S. Holdings 259
Cast-Matic Corp. 82
Diversified Diemakers 257
Ganton Technologies 168
Tool Products 137
Intermet Corporation 524
------
Total $2,174
======
Intermet Corp. and Subsidiaries
Balance Sheet as of 1-31-05
CASE #04-67611
WAGNER
HAVANA
--------------
Cash And Equivalents $ 0
Accounts Receivable 68
Short-Term Intercompany Receivables 0
Inventories 198
Other Current Assets 0
--------
TOTAL CURRENT ASSETS 266
Land and Buildings 1,633
Machinery & Equipment 14,700
Construction In Progress 0
--------
Total Fixed Assets 16,333
Accumulated Depreciation (13,534)
--------
NET FIXED ASSETS 2,799
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 $ 3,065
========
LIABILITIES AND SHAREHOLDER EQUITY
POST PETITION LIABILITIES
Accounts Payable $ 5
Wages and Salaries (See schedule) 0
Taxes Payable - (See schedule) 28
--------
TOTAL POST PETITION LIABILITIES 33
SECURED LIABILITIES:
SECURED 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. 361
Accrued Payroll 153
Accrued Payroll Taxes 0
--------
TOTAL TAXES AND OTHER PRIORITY LIABILITIES 580
Unsecured Liabilities
Accounts Payable 352
Senior & IDR Bonds 0
--------
TOTAL UNSECURED LIABILITIES 352
OTHER LIABILITIES
Accrued Liabilities 6
Short-Term Intercompany Payables 0
Capital Leases 0
Retirement Benefits 0
Deferred Taxes - Long-Term Liability 0
Other Long-Term Liabilities 0
Long-Term Intercompany Payables 7,745
Minority Interest 0
--------
TOTAL LIABILITIES 8,716
Common Stock 0
Capital In Excess Of Par Value 9,349
Retained Earnings - Prepetition (9,781)
Retained Earnings - Post Petition (5,219)Consolidated Assets
Equity In European Operations
Accumulated Translation Adjustment 0
Minimum Pension Liability Adjustment 0
Unearned Restricted Stock 0
--------
TOTAL SHAREHOLDER EQUITY (5,651)
--------
Total Liabilities And Equity $ 3,065
========
PERIOD ENDED: 1/31/05 WAGNER HAVANA CASE #04-67611
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
12/31/2004 Withheld Deposits 1-31-05
---------- --------- ---------- --------
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 (51,507) 0 51,507 0
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 (21,045) (7,015) 0 (28,060)
Workers Compensation (98,000) 0 98,000 0
--------- ------- -------- --------
Total ($170,552) ($7,015) $149,507 ($28,060)
Wages and Salaries (21,751) 0 21,751 0
--------- ------- -------- --------
Grand Total ($192,303) ($7,015) $171,258 ($28,060)
========= ======= ======== ========
Aging of Accounts Receivable
and Post Petition Accounts Payable
Age in Days (Post Petiition) Total 0-30 Days 30-60 Days Over 60 Days
- ---------------------------- ------ --------- ---------- ------------
Accounts Payable $2,332 $2,332 $0 $0
Accounts Receivable $ 0 $ 0 $0 $0
INTERMET CORPORATION AND SUBSIDIARIES PERIOD ENDED 1/31/2005
MONTHLY CASH STATEMENT
CASH ACTIVITY ANALYSIS:
CASE # 04-67611
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 -- -- -- -- --
TRANSFERS IN (CORPORATE) -- 17,293 430 -- 17,723
DIP INFLOW -- -- -- -- --
DISBURSEMENTS -- (17,293) (430) -- (17,723)
TRANSFERS OUT (CORPORATE) -- -- -- -- --
DIP REPAYMENT -- -- -- -- --
--- ------- ---- --- -------
ENDING BANK BALANCE -- -- -- -- --
WIRES PAID FOR BY CORPORATE -- -- --
CHECKS ISSUED 19,991
--------
TOTAL DISBURSEMENTS $ 19,991
========
OUTSTANDING CHECKS AS OF DECEMBER 31 300
VOIDED CHECKS OUTSTANDING AS OF DECEMBER 31 --
CHECKS ISSUED IN JANUARY 19,991
CHECK CLEARED IN JANUARY (17,293)
--------
OUTSTANDING CHECKS AS OF JANUARY 31
(SEE OUTSTANDING CHECKLIST) $ 2,999
========
WAGNER HAVANA, INC. CASE NO. 04-67611
CASH DISBURSEMENTS
JANUARY 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
SAFEWORKS ILLINOIS $ 200.00
SECURITAS SECURITY SERV 12,838.68
AMERENCIPS (ELECTRIC) 6,228.37
ILLINOIS ENVIRONMENTAL 500.00
VERIZON WIRELESS 115.83
WIESE PLANNING AND ENGINEERING INC 58.48
CITY OF HAVANA 24.86
ILL-MO PRODUCTS CO 24.86
----------
$19,991.08
==========
WAGNER HAVANA, INC.
CASE NO. 04-67611
AT 1/31/05
HAVANA - BANK RECONCILIATION
Bank Balance $ --
Actual Outstanding Checks 2,998.52
Unadjusted GL Balance 2,998.52
---------
Difference $ --
=========
WAGNER HAVANA, INC.
OUTSTANDING CHECKS
CASE NO. 04-67611
DATE CHECK OUTSTANDING
- ----- ---------- -----------
52197 11/12/2004 $ 300.00
52164 1/31/2005 2,090.34
52166 1/31/2005 537.76
52165 1/31/2005 57.99
52163 1/31/2005 12.43
---------
$2,998.52
=========
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: JANUARY 31, 2005
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.)
Name: WAGNER HAVANA, INC. Capacity: ___ Shareholder
Case Number: 04-67611 ___ 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 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
Dated: FEBRUARY 28, 2005 ________________________________________
PRINCIPAL, OFFICER, DIRECTOR, OR INSIDER
Form 6
Wagner Havana, Inc.
Case Number: 04-67611
Intermet Corporation and Subsidiaries
Schedule of In-Force Insurance
INSURANCE TYPE CARRIER POLICY PERIOD
- -------------------- -------------- -----------------
Property Lloyds 11/1/04-11/1/05
Boiler/Machine Hartford 11/1/04-11/1/05
Cargo Fireman's Fund 11/1/04-11/1/05
Truck Cargo Fireman's Fund 11/1/04-11/1/05
Aviation USAIG 11/1/04-11/1/05
Fiduciary St. Paul 11/1/04-11/1/05
Primary D&O St. Paul 11/1/04-11/1/05
Excess D&O Chubb 11/1/04-11/1/05
Excess D&O Platte River 11/1/04-11/1/05
Crime AIG 12/1/04-12/1/05
General Liability ACE 12/22/04-12/22/05
Umbrella National Union 12/22/04-12/22/05
Workers' Comp ACE 12/22/04-6/22/05
Excess Workers' Comp ACE 12/22/04-12/22/05
Auto ACE 12/22/04-12/22/05
Foreign (DIC) ACE 12/22/04-12/22/05
Note: This list does not include In-Force Insurance for Foreign Subsidiaries.