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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 AUGUST 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: SEPTEMBER 23, 2005 /s/ Robert E. Belts
-----------------------------------------
Debtor In Possession
Chief Financial Officer (248) 952-2500
------------------------ --------------
Title Phone
Intermet Corp. and Subsidiaries CASE # 04-67597
Operating Statement INTERMET
For the Month Ended 8-31-05 CORP(*)
($000's)
Current Month Total Since Filing
------------- ------------------
Net Sales 52,495 583,603
Cost of Goods Sold
Materials and Freight 17,385 191,520
Wages - Hourly 8,602 94,812
Wages-Salary 2,384 28,858
Employee Benefits and Pension 4,674 62,638
Repairs & Maintenance 2,456 29,702
Supplies 3,269 31,094
Utilities 2,913 34,098
Purchased Components/Services 3,713 42,263
Income(loss) from Pattern Sales 1 674
Fixed Asset - (gain/loss) - (114)
MIS Expense 254 2,631
Travel & Entertainment 57 629
Other Variable Costs 1,083 23,107
Depreciation & Amortization 2,775 30,290
Other Allocated Fixed Costs 280 3,737
Other Fixed Costs 892 12,841
------ --------
Cost of Goods Sold 50,738 588,780
Gross Profit 1,757 (5,177)
Plant SG&A Expense 116 1,499
SG&A Expense - Allocation (Sched 1) 2,118 31,959
Other Operating Expenses 1,025 203,701
------ --------
Total Operating Expenses 3,259 237,159
Operating Profit (1,502) (242,336)
Outside Interest Income 6 470
Outside Interest (Expense) (2,172) (26,027)
Intercompany Interest Income 2,354 8,365
Intercompany Interest (Expense) (2,353) (8,363)
Charges (From) Affiliates (1,650) (17,802)
Charges To Affiliates 1,723 18,582
Gain/(Loss) On Sales Of Assets 2,178 2,355
Outside Dividend Income - -
Foreign Exchange Gain/(Loss) - -
Income/Loss From European Operations (3,118) 3,118
Other Income/(Expense) (2,397) (20,313)
------ --------
Total Non-Operating Expenses (5,429) (39,615)
Income Before Income Taxes (6,931) (281,951)
Income Tax Expense (2,415) 807
------ --------
Net Income (4,516) (282,758)
====== ========
(*) 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 August
(Allocation of Corporate Costs to Filing Entities)
(000's)
August
------
Officer Compensation $ 189
Salary Expense other Employees 949
Employee Benefits and Pension 111
Payroll Taxes 53
Other Taxes 9
Rent and Lease Expense 191
Interest Expense
Insurance 54
Automobile and Truck Expense 10
Utilities(Gas Electric,Phone) 42
Depreciation 87
Travel and Entertainment 99
Repairs and Maintenance 36
Advertising/Promotion 5
Supplies, Office Expense 22
OTHER:
Contributions 0
Professional Fees - Audit/Tax 350
Bank Fees 23
Public Reporting Fees (80)
Employee Relocation/Training 1
Data Processing 15
Dues and Subscriptions 12
Outside Services 156
Project Development Costs net of Billings 21
Director Fees 25
Miscellaneous 2
Legal Fees 0
Cost Allocation - Europe (78)
Cost Allocation - Out (186)
------
$2,118
======
Allocation:
Wagner Castings 191
Northern Castings 51
Ironton Iron 0
Lynchburg Foundry 193
Columbus Foundry 313
Wagner Havana 0
Intermet U.S. Holdings 261
Cast-Matic Corp. 82
Diversified Diemakers 257
Ganton Technologies 168
Tool Products 137
Corporate 465
------
Total $2,118
======
Intermet Corp. and Subsidiaries
Balance Sheet as of 8-31-05
($000's)
AUGUST JULY
--------------- ---------------
CASE # 04-67597 CASE # 04-67597
--------------- ---------------
INTERMET INTERMET
CORP (NOTE 1) CORP (NOTE 1)
--------------- ---------------
Cash And Equivalents $ 4,341 $ 934
Accounts Receivable 76,675 73,140
Short-Term Intercompany Receivables (4) (5)
Inventories 58,141 59,755
Other Current Assets 8,821 8,855
--------- ---------
TOTAL CURRENT ASSETS 147,974 142,679
Land and Buildings 111,963 113,804
Machinery & Equipment 392,934 395,017
Construction In Progress 10,734 9,176
--------- ---------
Total Fixed Assets 515,631 517,997
Accumulated Depreciation (332,994) (334,407)
--------- ---------
NET FIXED ASSETS 182,637 183,590
Investment In Subsidiaries (2) (2)
Investment In European Operations (NOTE 2) 86,352 88,712
Long-Term Intercompany Receivables 0 4
Deferred Taxes, Long-Term Asset 80 (1,057)
Other Assets 12,509 13,016
--------- ---------
TOTAL ASSETS $ 429,550 $ 426,942
========= =========
LIABILITIES AND SHAREHOLDER EQUITY
POST PETITION LIABILITIES
Accounts Payable $ 11,424 $ 11,890
Wages and Salaries (See schedule) 9,096 7,495
Taxes Payable - (See schedule) 7,932 7,379
--------- ---------
TOTAL POST PETITION LIABILITIES 28,452 26,764
SECURED LIABILITIES:
SECURED DEBT 200,889 195,455
PRE-PETITION LIABILITIES:
Taxes and Other Priority Liabilities:
Accrued Income Taxes 607 607
Accrued Tax - State (316) (316)
Accrued Property Taxes 0 77
Accrued Workers Comp. 8,325 8,352
Accrued Payroll 2,653 2,652
Accrued Payroll Taxes 0 0
--------- ---------
TOTAL TAXES AND OTHER PRIORITY LIABILITIES 11,269 11,372
UNSECURED LIABILITIES
Accounts Payable 62,932 62,633
Senior & IDR Bonds 177,000 177,000
--------- ---------
TOTAL UNSECURED LIABILITIES 239,932 239,633
OTHER LIABILITIES
Accrued Liabilities 36,456 35,119
Short-Term Intercompany Payables (1) (1)
Retirement Benefits 86,543 86,538
Deferred Taxes - Long-Term Liability (3,838) (2,400)
Other Long-Term Liabilities 3,207 3,987
Long-Term Intercompany Payables (1,458) (1,342)
--------- ---------
TOTAL LIABILITIES 601,451 595,125
Common Stock 2,607 2,607
Capital In Excess Of Par Value 36,276 36,256
Retained Earnings - Prepetition 8,831 8,831
Retained Earnings - Post Petition (285,620) (284,222)
Equity In European Operations 86,352 88,712
Accumulated Translation Adjustment 3,859 3,860
Minimum Pension Liability Adjustment (24,093) (24,093)
Unearned Restricted Stock (113) (134)
--------- ---------
TOTAL SHAREHOLDER EQUITY (171,901) (168,183)
--------- ---------
TOTAL LIABILITIES AND EQUITY $ 429,550 $ 426,942
========= =========
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's foreign subsidiaries.
Certain amounts in the previous operating reports have been reclassified to
conform to the presentation of the August operating statements.
Note 2
"Investment in European Operations" is net of $39,990 in August and $39,491 in
July, representing intercompany liabilities 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.
PERIOD ENDED: 08-31-05 INTERMET CORPORATION CASE #04-67597
CORPORATE BOOKS ONLY - NO SUBS
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
As of 7/31/05 Withheld Deposits As of 8/31/05
------------- --------- ---------- -------------
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 20,863 409,134 (459,215) (29,218)
State Taxes: Inc./Sales/Use/Excise (3,610,454) (45,080) 0 (3,655,534)
Federal 608,295 0 0 608,295
Property Taxes (16,851) 5,382 (1,600) (13,069)
Workers Compensation (497,282) 0 0 (497,282)
----------- --------- --------- -----------
Total $(3,495,429) $ 369,436 $(460,815) $(3,586,808)
Wages and Salaries (3,977,748) 3,759 (324,384) (4,298,374)
----------- --------- --------- -----------
Grand Total $(7,473,178) $ 373,195 $(785,199) $(7,885,182)
=========== ========= ========= ===========
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 $1,241,022 $1,241,022 $0
Accounts Receivable N/A
INTERMET CORPORATION AND SUBSIDIARIES
CASH ACTIVITY ANALYSIS: MONTHLY CASH STATEMENT
Month Ended 8/31/2005
CASE # 04-67597
INTERMET CORPORATION
ACCOUNT TYPE CONCEN. LOCKBOX AP PR MEDICAL MEDICAL MEDICAL MEDICAL ENVIRON.
Account # 1054530796 5401086482 2770716377 2770716716 2770722672 5402307572 5402307564 2770722680 400806.1
BANK Stan. Fed. Stan. Fed. Stan. Fed. Stan. Fed. Stan. Fed. Stan. Fed. Stan. Fed. Stan. Fed. Lasalle
BEGINNING BANK BALANCE 800,928 - - - - - - 3,103,237
RECEIPTS 18,975,935 216,868 - - - - - - 7,447
TRANSFERS IN 35,517,259 - 1,747,749 622,126 - 129,581 74,119 - -
DIP INFLOW 32,648,439 - - - - - - - -
DISBURSEMENTS (26,876,406) - (1,747,749) (622,126) - (129,581) (74,119) - (648)
A A A A A A
Transfers OUT (29,055,442) (216,868) - - - - - - -
DIP REPAYMENT (27,748,439) - - - - - - - -
----------- -------- ---------- -------- - -------- ------- - ---------
ENDING BANK BALANCE 4,262,275 - - - - - - 3,110,036
Corporate Disbursements Paid for Corporate
(Includes Corporate Payroll of $ 1,029,714) 9,037,127 E
Material Wires Paid by Corporate on Behalf of Plants 16,694,467
Payroll Paid by Corporate on Behalf of Plants 1,971,287
------------
Total Wires & Other Disbursements by Corporate (Excludes Corporate Checks) 27,702,881 Sum of A
Corporate Checks Issued Pertaining to Corporate 1,058,303 E
Corporate Checks Issued Pertaining to Plants (Debit Memos) 499,798
------------
Total Corporate Disbursements (See Total Disbursements Reconciliation) $ 29,260,981
============
Outstanding Checks As of July 31 465,420
Voided Checks Outstanding as of July 31 -
Checks Issued During August 1,558,101
Checks Cleared During August (1,747,199) Excludes $550 for Payroll Tax Fees
------------
Outstanding Checks as of August 31 (See Outstanding Checklist) $ 276,322
============
Sum of E $ 10,095,430 REPESENTS TOTAL DISBURSEMENTS PERTAINING TO CORPORATE
INTERMET CORPORATE CASE # 04-67597
CASH DISBURSEMENTS
AUGUST 2005
VENDOR TOTAL DISBURSEMENTS
ABC COKE $ 688,623.82
ALCOA ALUMINUM 1,331,014.42
ALFE HEAT TREATING 218,326.74
ALTER TRADING 38,621.09
ALUAR ALUMINUM 1,055,921.48
ALUMINUM RESOURCES 74,078.58
AMACOR 113,400.00
BEHR METALS 104,464.34
BENTONITE PERFORMANCE MINERALS 91,000.00
B-H TRANSFER 17,866.86
CCMA 193,163.37
DANA 434,828.00
DEAD SEA MAGNESIUM 322,167.51
DIMETEK 8,126.70
DME RR 48,389.97
EASTERN ALLOYS, INC. 170,734.16
ELKEM METALS, INC. 288,270.68
ENBRIDGE GAS SERVICES 29,509.05
FAIRMONT MINERALS 58,655.25
FOSECO METALLURGICAL INC. 66,602.28
G & H DIVERSIFIED MFG. 6,676.00
GLOBE 490,531.50
HA INTERNATIONAL LLC 78,235.72
IMCO RECYCLING 529,091.33
LAND TRANSPORTATION 167,147.54
MIDLAND INDUSTRIES, INC. 135,835.37
MILLER & CO. 158,769.85
NATIONAL MATERIAL TRADING 81,340.26
NATIONAL METAL ABRASIVE 41,019.40
NORANDA ALUMINUM 300,464.88
NORFOLK SOUTHERN 182,000.00
OMNISOURCE CORPORATION - COPPER 302,040.00
OMNISOURCE CORPORATION - STEEL 4,771,309.43
ONEOK ENERGY MARKETING 48,095.74
PARKER HANNIFIN 34,569.00
PORTER WARNER INDUSTRIES 26,012.00
PRIMETRADE, INC. 1,056,468.86
SPARTAN LIGHT METAL PRODUCTS 35,534.40
SPECTRO ALLOYS CORPORATION 1,129,740.67
SPRAY-RITE 85,807.74
SUPERIOR GRAPHITE CO. 12,504.38
SUPREME CORES 15,557.50
TOYOTA TSUSHO 73,453.92
TRANS MAN LOGISTICS, INC. 479,722.20
TSBY RR 56,606.98
UMETCO INC. 106,890.00
UNIMIN CORPORATION 35,997.30
US MAGNESIUM LLC 761,314.95
VESUVIUS 26,771.58
WHEELABRATOR ABRASIVES 104,826.00
ACE AMERICAN INSURANCE CO. 164,885.10
A-COM PROTECTION SERVICES INC. 140.00
ADP INVESTOR COMMUNICATION 3,866.94
AETNA U.S. HEALTHCARE 19,613.09
AIAG 463.71
AICPA 394.00
AIRGAS MID AMERICA 39.33
ALABAMA POWER 778.28
ALLIED VAN LINES 9,096.21
AMERENCIPS 15,343.93
AMTECH INTERNATIONAL GROUP,LTD 38,286.00
ANDREWS, THOMAS 1,815.42
ANX EBUSINESS 3,456.00
APPALACHIAN POWER 1,894.96
ARCH CONSULTING ASSOCIATES 750.00
ASCOM HASLER 715.50
ASPEN CONSULTING, INC. 320.00
ASQ 1,250.00
VENDOR TOTAL DISBURSEMENTS
AT&T 298.70
AT&T TELECONFERENCE SERVICES 127.53
BANK OF NOVA SCOTIA 1,503,518.70
BECKER, MICHAEL S. 685.00
BEGLIN, JUSTIN 3,478.74
BELLSOUTH 2,184.89
BELTS, ROBERT 32.55
BERNARD E. WALLACE, JR. 1,050.00
BERWYN GROUP, THE 9.50
BEST SOFTWARE, INC. 837.40
BI-CITY HEATING & COOLING 996.75
BLUE CROSS BLUE SHIELDS 2,040,639.07
BOWNE OF CHICAGO 8,540.00
BROWN & SHARPE 269.00
BRUECHERT, PAUL 37.13
BRYANT'S TREE SERVICE 225.00
BSW, INC. 100.00
BUEHLER LTD. 1,102.00
BURGE, CRAIG 1,024.56
BUS-TECH 818.75
CACHEAUX, CAVAZOS & NEWTON 305.46
CADRE 32,052.08
CAMCO/ FURGESON 7,000.00
CAMPBELL COUNTY 921.90
CAPRETTA, DAVID 886.11
CARTER, ERIC 75.63
CB RICHARD ELLIS 107,500.00
CHICAGO SOFT 368.00
CHILD SUPPORT - CFI 33,041.97
CINTAS CORPORATION 77.56
CITY OF HAVANA 12.43
CITY OF RADFORD 10,232.66
CITY OF TROY 9,420.73
CLIENT SERVICES-ECM 105.10
CLIMAX RESEARCH SERVICES 414.00
COLUMBUS FOUNDRY PAYROLL 20,076.23
COLUMBUS ROOFING INC. 172.00
COLUMBUS SECURITY 220.32
COM ED 190.34
COMPUWARE CORP. 825.00
CONCENTRA MEDICAL CENTERS 68.50
CONWAY MACKENZIE & DUNLEAVY 264,789.15
COR SOLUTIONS, INC. 26,012.00
CORPORATE PAYROLL 297,851.79
CORPORATE PAYROLL 550.00
COX, MICHAEL 430.42
CRI MUTUAL PRESS 1,201.20
CROSSTEC CORPORATION 899.29
DALTON'S SERVICES, INC. 4,340.00
DECATUR PAYROLL 806,552.00
DELL MARKETING L.P. 138,520.27
DISA EQUIPMENT PURCHASE 2,061,764.00
DODSON PEST CONTROL 200.00
DORSEY & WHITNEY LLP 1,024.64
DOYLE, PAT 1,342.66
DRUSCHITZ, ALAN P. 586.61
DU PAGE COUNTY COLLECTOR 9,918.31
DUN & BRADSTREET 303.47
DUNCAN AVIATION 24,000.00
EASTERN COMPUTER EXCHANGE, INC. 5,457.00
EDS CANADA, INC. 273.66
EDWIN B. BRANCH 16,831.97
ENTERPRISE FLEET SERVICES 11,673.43
ERNST & YOUNG 374,109.00
EVERGREEN COLLATERAL 203,786.65
EXEC-U-CARE 6,434.58
EXECUTIVE COFFEE SYSTEMS 514.32
FANN INSTRUMENT 3,385.50
FEARS, HARDING 2,176.98
FEDERAL RESERVE BANK OF 400.00
FIDELITY SAVINGS AND PROFIT PLAN 39,128.29
FINCH, WILLIAM D. 196.59
FITZGERALD, DAVID C. 2,931.35
FOCAL COMM. OF MICHIGAN 478.49
FOLEY, LARDNER 637,226.82
VENDOR TOTAL DISBURSEMENTS
FOREING HOLDINGS CONSULTANTS 40,052.23
FORMEL D USA INC. 295.00
FRENCH & ROGERS INC. 3,145.00
GARRETT, JOE 2,646.61
GE CAPITAL 19,512.14
GEORGIA POWER 4,440.28
GEORGIA SALES TAX - CFI 30,615.37
GIERC, DANIEL 1,530.66
GILLILAND, TIM 1,813.31
GLOBAL EXCHANGE SERVICES 1,141.38
GOPAL, NANDA P N 1,931.62
GRECCO, JOSEPH R 95.50
GROUNDWATER & ENVIRONMENTAL 8,022.50
GXS LIMITED SPECIAL BILLING 140.32
HAGEMEYER NORTH AMERICA, INC. 4,276.66
HALL, KEVIN W 200.46
HAMILTON, MILLER, HUDSON & 120.00
HARMON, JOE 482.52
HEMING, DANIEL 932.52
HIBBING PAYROLL 2,659.11
HIBBING SALES TAX 32,652.00
HOOVER, ROB 720.91
HORN, REGINA 338.40
HOWARD & HOWARD 904.50
HYLTON, CHARLES 264.80
IBM CORPORATION 38,518.65
IKON FINANCIAL SERVICES 477.00
ILLINOIS SECRETARY OF STATE 175.00
IRON MOUNTAIN RECORDS MGMT 258.78
IRVIN, LESLIE B 1,916.83
J.J. KELLER & ASSOCIATES 360.70
JACKSON, SHIELDS, YEISER, HOLT 252.99
JACOBSEN'S FLOWERS INC. 296.62
JAMES DAVIS CLEANING SERVICE 500.00
JAPAN AMERICAN COUNCIL 1,200.00
JESSE WHITE SECRETARY OF STATE 300.00
JOCK ABELL LANDSCAPING 360.00
JOHN HANCOCK FINANCIAL SVCS. 8,519.00
JOHN R. HORNE 535.76
JOHNSON, TYRONE 1,661.47
KEVIN STEWART 555.00
KILPATRICK STOCKTON LLP 375.00
KINKO'S CUSTOMER 1,943.62
KLEIN, KYLE 1,230.55
KUZINSKI, MARK 1,148.57
LEONARD BROS. DATA MANAGEMENT 1,273.06
LINA 611.00
LISIO, JOHN 1,352.76
LONGHURST, JOHN 963.12
LORENZ, CHAD 921.84
LOVELL, TONY 1,779.07
LUXURY LIMO, CAR AND COACH,LLC 228.00
MACKINNEY SYSTEMS 1,495.00
MAGMA FOUNDRY TECHNOLOGIES 18,700.00
MAINLINE INFORMATION SYSTEMS 2,300.00
MALLON, ROBERT 459.44
MALLOY 128,658.89
MALLOY 683.67
MANAGEMENT SYSTEMS INTL, INC. 3,187.50
MARTINEZ, FRED 1,000.00
MASON COUNTY COLLECTOR 43,441.56
MAYBERRY RIGGERS 600.00
MCCOLLUM, WILLIAM E. 2,519.80
MCDONALD, MATT 130.89
MCI 1,000.00
MEDCO HEALTH 355,936.92
MERCER HUMAN RESOURCE 149,685.00
METLIFE 9,141.44
METLIFE DENTAL 75,041.12
MICHAEL W. CURTIS 437.50
MICHIGAN CHAMBER OF COMMERCE 945.00
MILLER, ALAN 189.00
MONROE PAYROLL 1,141,999.88
MOORE, TERRY 1,537.12
NCODE INTERNATIONAL, INC. 900.00
VENDOR TOTAL DISBURSEMENTS
NELSON ELECTRIC 8,250.00
NEW HORIZONS 2,125.00
OFFICE DEPOT, INC. 2,505.02
OFFICE INSTALLATIONS, INC. 160.00
OUTTA THIS WEB 140.00
PAINT PANTHER, THE 225.00
PAMS, GENE 11.90
PATZWALDT, JEFF 285.34
PEROT SYSTEMS 2,759.75
PETERS, GORDON 1,983.00
PLANTERRA GREENHOUSES 90.00
PLASKO, RANDALL 267.74
PLATTS 1,280.00
PLYMOUTH WAYNE, INC. 18.70
PR NEWSWIRE 2,000.00
PROVIDENT LIFE & ACCIDENT INS. 6,456.15
PRUCHA, TOM 464.77
PULASKI - MISC TRANSFER DEBIT 14,996.61
PUTNAM 297,675.68
RACINE HEALTHCARE 496.80
RAR HOLDINGS, INC. 3,322.00
REED, SIDNEY LYNN 452.08
RIDLEY'S BAKERY CAFE 482.00
RIVER MILL RECORDS MANAGMENT 193.20
ROBERT HALF TECHNOLOGY 2,600.00
ROBERTS, DONALD 968.92
RUFF, GARY F. 776.56
RUTHERFORD, JOHN 2,161.31
SAFETY-KLEEN CORP. 199.40
SAJION, BOBETTE 1,939.52
SANDERS, S. DAVID 773.16
SAS INSTITUTE INC. 7,000.47
SAUNDERS, GARY 215.85
SBC 345.72
SCHELLHASE, DAN 608.98
SECURITAS SEC. SVCS. USA, INC. 8,361.36
SENIORSCRIPS 2,470.00
SHAW, ROBERT 1,192.96
SHAWBITZ, PAT 148.50
SHOWALTER, ERIC 2,495.88
SHRED-IT DETROIT 79.80
SILBERT, RICHARD 4,193.52
SILVERPOINT INSURANCE 438,000.00
SOCHOR, NATHAN 209.66
SOUTHERN AIR 682.00
SPRINT 39,311.75
SPRINT CONFERENCING SERVICES 1,193.05
STANDARD FEDERAL 23,219.75
STEFANI, MIKE 1,120.45
STERLING COMMERCE-73199 684.58
STRONG, JOHN 317.42
SUNGARD AVAILABILITY SERVICES 884.00
TERMINIX INTERNATIONAL 64.00
TIMBERLAND OFFICE PARK THREE 59,840.36
T-MOBILE 139.84
TMS GROUP 143,813.00
TRADEWINDS AVIATION 3,595.75
TROUTMAN SANDERS LLP 447.00
UGS CORP. 1,778.13
UNITED AMERICAN INSURANCE CO. 35,550.00
UNITED WAY OF CENTRAL VIRGINIA 265.00
UNIVERSAL SOFTWARE, INC. 562.50
VALLEY FASTENERS 43.09
VALUE OPTIONS 15,050.51
VALUEOPTIONS, INC. 13,231.48
VANGUARD 157,328.85
VANGUARD GROUP 12,672.89
VASS, S. REID 7,736.30
VERBA L. EDWARDS 18,750.00
VERIZON 5,661.97
VERIZON WIRELESS 145.10
VERIZON WIRELESS MESSAGING SVC 52.39
VERIZON WIRELESS-GREAT LAKES 2,100.33
VIRGINIA DEPT. OF TAXATION 868.89
VISUAL IMPRESSIONS 254.40
VENDOR TOTAL DISBURSEMENTS
WAHOWIAK, GREG 6,201.20
WASTE MANAGEMENT 365.11
WAYNE BOOTH INVESTMENTS 26,000.00
WAYNE HARMON 500.00
WOODS, ROGERS & HAZLEGROVE PLC 1,897.78
WPI 3,750.00
XEROX CORPORATION 443.14
----------------
$ 29,260,981.24
INTERMET COPORATION
CASE # 04-67597
AT 8/31/05
CORPORATE - BANK RECONCILIATION
Bank Balance $ -
Actual Outstanding Checks 276,321.56
Unadjusted GL Balance 276,321.56
------------
Difference $ -
============
INTERMET CORPORATION
OUTSTANDING CHECKS
CASE #04-67597
DATE CHECK OUTSTANDING
2/4/05 92456 $ 79.10
4/8/05 93102 50.75
5/27/05 93718 616.32
7/15/05 94210 403.00
8/12/05 94508 64.17
8/15/05 94547 295.00
8/18/05 94553 1,762.62
8/18/05 94569 29.75
8/18/05 94571 399.00
8/18/05 94574 18,700.00
8/18/05 94579 18.24
8/18/05 94592 1,191.07
8/25/05 94608 69.00
8/25/05 94614 13.49
8/25/05 94615 685.00
8/25/05 94616 1,162.82
8/25/05 94617 1,878.26
8/25/05 94618 63.90
8/25/05 94620 225.00
8/25/05 94622 1,102.00
8/25/05 94623 886.11
8/25/05 94624 75.63
8/25/05 94625 184.00
8/25/05 94626 19.39
8/25/05 94633 364.89
8/25/05 94636 273.66
8/25/05 94637 16,831.97
8/25/05 94639 303.91
8/25/05 94640 196.59
8/25/05 94641 2,931.35
8/25/05 94642 3,145.00
8/25/05 94643 1,011.20
8/25/05 94648 95.50
8/25/05 94649 4,294.00
8/25/05 94652 200.46
8/25/05 94653 120.00
8/25/05 94654 88.83
8/25/05 94655 308.65
8/25/05 94659 175.00
8/25/05 94662 360.70
8/25/05 94663 252.99
8/25/05 94664 500.00
8/25/05 94665 300.00
8/25/05 94667 535.76
8/25/05 94668 537.12
8/25/05 94669 555.00
8/25/05 94676 600.00
8/25/05 94678 1,000.00
8/25/05 94680 437.50
8/25/05 94683 434.75
8/25/05 94686 439.81
8/25/05 94692 3,322.00
8/25/05 94693 433.84
8/25/05 94695 773.16
8/25/05 94697 215.85
8/25/05 94699 218.03
8/25/05 94704 1,592.90
8/25/05 94705 1,193.05
8/25/05 94706 64.00
8/25/05 94707 1,080.05
8/25/05 94709 265.00
8/25/05 94713 2,665.58
8/25/05 94716 300.17
8/25/05 94717 500.00
8/25/05 94718 443.14
8/25/05 94720 77,564.00
8/25/05 94721 57,872.53
8/25/05 94722 35,550.00
8/25/05 94723 26,000.00
$276,321.56
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: AUGUST 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: SEPTEMBER 23, 2005 _________________________________________
PRINCIPAL, OFFICER, DIRECTOR, OR INSIDER
Form 6
INTERMET CORPORATION
MONTH ENDED AUGUST 31, 2005
NAME: GARY ROBERT E. TIMOTHY R. JOHN B. TODD THOMAS E. ALAN J. BYTHA
RUFF BELTS GILLILAND RUTHERFORD HEAVIN PRUCHA MILLER MILLS
-------------- ---------- ---------- ---------- ---------- ------------ ------------------- ----------
JOB DUTIES: Chairman & CEO VP Finance VP- Light VP-Sales & VP-Ferrous VP-Technical VP, General Counsel VP- Admin.
Director and CFO Metals Marketing Metals Services Ass't Secretary
-------------- ---------- ---------- ---------- ---------- ------------ ------------------- ----------
(MONTHLY)
COMPENSATION: $ 41,667 $ 21,667 $ 16,667 $ 16,667 $ 17,500 $ 14,583 $ 18,750 $ 12,500
-------- -------- -------- ---------- -------- -------- -------- --------
BENEFITS PAID:
Health Insurance 772 772 546 546 772 546 546 284
Life Insurance 358 358 358 358 358 358 358 358
Deferred Comp 142 142 142 142 142 124 142 106
Retirement 364 190 148 148 154 128 164 109
Company Vehicle 1,104 850 850 850 855 722 850 850
Cell Phone - 63 - 85 75 - - -
- - - - - - - -
- - - - - - - -
(EXPENSE REIMBURSE): - - - - - - - -
Meals & Entertainment - - 393 2,119 - 155 164 -
Travel 802 33 1,420 42 - 251 25 -
Communications (cell phone,
internet on travel, etc.) 390 - - - - 58 - -
Misc--Auto, Conference, etc - - - - - - - -
- - - - - - - -
- - - - - - - -
OTHER PAYMENTS: - - - - - - - -
Rents Paid - - - - - - - -
Loans - - - - - - - -
Other (Retainer) - - - - - - - -
Dues & Subscriptions 215 - - - - - - 945
-------- -------- -------- ---------- -------- -------- -------- --------
TOTAL OF ALL PAYMENTS $ 45,814 $ 24,075 $ 20,524 $ 20,957 $ 19,856 $ 16,925 $ 20,999 $ 15,152
======== ======== ======== ========== ======== ======== ======== ========
NAME: GREG MICHAEL
WAHOWIAK SKRZYPCAK MARY JO KARJALA JOHN P. CRECINE JULIA D. DARLOW NORMAN F. EHLERS
---------------- --------- --------------- --------------- --------------- ----------------
JOB DUTIES: Business Systems
Director Treasurer Secretary Director Director Director
---------------- --------- --------------- --------------- --------------- ----------------
(MONTHLY)
COMPENSATION: $ 11,916 $ 10,833 $ 6,000 $ - $ - $ -
-------- --------- ------- ---- ---- ----
BENEFITS PAID:
Health Insurance 487 772 546 - - -
Life Insurance 358 - - - - -
Deferred Comp 101 92 51 - - -
Retirement 103 94 54 - - -
Company Vehicle 650 - - - - -
Cell Phone 41 44 - - - -
- - - - - -
- - - - - -
(EXPENSE REIMBURSE): - - - - - -
Meals & Entertainment 113 - - - - -
Travel 6,089 - - - - -
Communications (cell phone,
internet on travel, etc.) - - - - - -
Misc--Auto, Conference, etc - - - - - -
- - - - - -
- - - - - -
OTHER PAYMENTS: - - - - - -
Rents Paid - - - - - -
Loans - - - - - -
Other (Retainer) - - - - - -
Dues & Subscriptions 69 - - - - -
-------- --------- ------- ---- ---- ----
TOTAL OF ALL PAYMENTS $ 19,927 $ 11,835 $ 6,651 $ - $ - $ -
======== ========= ======= ==== ==== ====
NAME: CHARLES G. RICHARD A. PAMELA E. MITSUNOBU
JOHN R. HORNE THOMAS H. JEFFS II MCCLURE NAWROCKI RODGERS TAKEUCHI TOTAL
------------- ------------------ ---------- ---------- --------- --------- ---------
JOB DUTIES: Director Director Director Director Director Director
------------- ------------------ ---------- ---------- --------- --------- ---------
(MONTHLY)
COMPENSATION: $ - $ - $ - $ - $ - $ - $ 188,750
------ ---- ---- ---- ---- ---- ---------
BENEFITS PAID:
Health Insurance - - - - - - 6,589
Life Insurance - - - - - - 3,222
Deferred Comp - - - - - - 1,326
Retirement - - - - - - 1,656
Company Vehicle - - - - - - 7,581
Cell Phone - - - - - - 308
- - - - - - -
- - - - - - -
(EXPENSE REIMBURSE): - - - - - - -
Meals & Entertainment 47 - - - - - 2,991
Travel 489 - - - - - 9,151
Communications (cell phone,
internet on travel, etc.) - - - - - - 448
Misc--Auto, Conference, etc - - - - - - -
- - - - - - -
- - - - - - -
OTHER PAYMENTS: - - - - - - -
Rents Paid - - - - - - -
Loans - - - - - - -
Other (Retainer) - - - - - - -
Dues & Subscriptions - - - - - - 1,229
------ ---- ---- ---- ---- ---- ---------
TOTAL OF ALL PAYMENTS $ 536 $ - $ - $ - $ - $ - $ 223,251
====== ==== ==== ==== ==== ==== =========
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
& 6/22/05-12/22/05
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 AUGUST 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: SEPTEMBER 23, 2005 /s/ Robert E. Belts
---------------------------------------
Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- --------------
Title Phone
Intermet Corp. and Subsidiaries
Operating Statement Case # 04-67599
For the Month Ended 8-31-05 Alexander
($000's) City Casting Co.
Current Month Total Since Filing
------------- ------------------
Net Sales - -
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 - 66
Depreciation & Amortization - -
Other Allocated Fixed Costs - -
Other Fixed Costs - -
------ ------
Cost of Goods Sold - 66
Gross Profit - (66)
Plant SG&A Expense - -
SG&A Expense - Allocation (Sched 1) - -
Other Operating Expenses 2 1,599
------ ------
Total Operating Expenses 2 1,599
Operating Profit (2) (1,665)
Outside Interest Income - -
Outside Interest (Expense) - -
Intercompany Interest Income - -
Intercompany Interest (Expense) - -
Charges (From) Affiliates - -
Charges To Affiliates - -
Gain/(Loss) On Sales Of Assets 2 162
Outside Dividend Income - -
Foreign Exchange Gain/(Loss) - -
Income/Loss From European Operations - -
Other Income/(Expense) - 1
------ ------
Total Non-Operating Expenses 2 163
Income Before Income Taxes - (1,502)
Income Tax Expense 1 10
------ ------
Net Income (1) (1,512)
====== ======
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs August
(Allocation of Corporate Costs to Filing Entities)
(000's)
August
------
Officer Compensation $ 189
Salary Expense other Employees 949
Employee Benefits and Pension 111
Payroll Taxes 53
Other Taxes 9
Rent and Lease Expense 191
Interest Expense
Insurance 54
Automobile and Truck Expense 10
Utilities(Gas Electric,Phone) 42
Depreciation 87
Travel and Entertainment 99
Repairs and Maintenance 36
Advertising/Promotion 5
Supplies, Office Expense 22
OTHER:
Contributions 0
Professional Fees - Audit/Tax 350
Bank Fees 23
Public Reporting Fees (80)
Employee Relocation/Training 1
Data Processing 15
Dues and Subscriptions 12
Outside Services 156
Project Development Costs net of Billings 21
Director Fees 25
Miscellaneous 2
Legal Fees 0
Cost Allocation - Europe (78)
Cost Allocation - Out (186)
------
$2,118
======
Allocation:
Wagner Castings 191
Northern Castings 51
Ironton Iron 0
Lynchburg Foundry 193
Columbus Foundry 313
Wagner Havana 0
Intermet U.S. Holdings 261
Cast-Matic Corp. 82
Diversified Diemakers 257
Ganton Technologies 168
Tool Products 137
Corporate 465
------
Total $2,118
======
Intermet Corp and Subsidiaries
Balance Sheet as of 08-31-05
($000's)
CASE # 04-67599
----------------
ALEXANDER
CITY CASTING CO.
----------------
Cash And Equivalents $ -
Accounts Receivable -
Short-Term Intercompany Receivables -
Inventories 134
Other Current Assets -
----------------
TOTAL CURRENT ASSETS 134
Land and Buildings 537
Machinery & Equipment 1,147
Construction In Progress -
----------------
Total Fixed Assets 1,684
Accumulated Depreciation (1,135)
----------------
NET FIXED ASSETS 549
Investment In Subsidiaries -
Investment In European Operations -
Long-Term Intercompany Receivables -
Deferred Taxes, Long-Term Asset -
Other Assets -
----------------
TOTAL ASSETS $ 683
================
LIABILITIES AND SHAREHOLDER EQUITY
POST PETITION LIABILITIES
Accounts Payable $ -
Wages and Salaries (See schedule) -
Taxes Payable - (See schedule) 1
----------------
TOTAL POST PETITION LIABILITIES 1
SECURED LIABILITIES:
SECURED DEBT -
PRE-PETITION LIABILITIES:
Taxes and Other Priority Liabilities:
Accrued Income Taxes -
Accrued Tax - State -
Accrued Property Taxes -
Accrued Workers Comp. -
Accrued Payroll -
Accrued Payroll Taxes -
----------------
TOTAL TAXES AND OTHER PRIORITY LIABILITIES -
UNSECURED LIABILITIES
Accounts Payable -
Senior & IDR Bonds -
----------------
TOTAL UNSECURED LIABILITIES -
OTHER LIABILITIES
Accrued Liabilities 152
Short-Term Intercompany Payables -
Retirement Benefits -
Deferred Taxes - Long-Term Liability -
Other Long-Term Liabilities -
Long-Term Intercompany Payables 36,803
Minority Interest -
----------------
TOTAL LIABILITIES 36,956
Common Stock 10
Capital In Excess Of Par Value 90
Retained Earnings - Prepetition (34,861)
Retained Earnings - Post Petition (1,512)
Equity In European Operations
Accumulated Translation Adjustment -
Minimum Pension Liability Adjustment -
Unearned Restricted Stock -
----------------
TOTAL SHAREHOLDER EQUITY (36,273)
----------------
TOTAL LIABILITIES AND EQUITY $ 683
================
PERIOD ENDED: 08-31-05 ALEXANDER CITY CASTING CO., INC. CASE #04-67599
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
07/31/2005 Withheld Deposits 08/31/2005
---------- --------- ---------- ----------
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 $ 1,064 $ 0 $ 1,064
Property Taxes $ 0 $ 0 $ 0
$ 0
Workers Compensation 0 0 0 0
---------- --------- ---------- ----------
Total $ 0 $ 1,064 $ 0 $ 1,064
Wages and Salaries 0 0 0 0
---------- --------- ---------- ----------
Grand Total $ 0 $ 1,064 $ 0 $ 1,064
========== ========= ========== ==========
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: AUGUST 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: SEPTEMBER 23, 2005 _____________________________
Debtor in Possession
Form 5
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: AUGUST 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: SEPTEMBER 23, 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
& 6/22/05-12/22/05
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 AUGUST 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: SEPTEMBER 23, 2005
/s/ Robert E. Belts
--------------------------------------------
Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- -------------------
Title Phone
Intermet Corp. and Subsidiaries CASE #04-67605
Operating Statement CAST-MATIC
For the Month Ended 8-31-05 CORP
($000's)
Current Month Total Since Filing
------------- ------------------
Net Sales 4,278 40,227
Cost of Goods Sold
Materials and Freight 2,398 23,090
Wages - Hourly 338 2,997
Wages-Salary 157 1,534
Employee Benefits and Pension 48 980
Repairs & Maintenance 5 1,096
Supplies 191 2,157
Utilities 115 1,197
Purchased Components/Services 167 1,929
Income(loss) from Pattern Sales - -
Fixed Asset - (gain/loss) - (6)
MIS Expense 11 117
Travel & Entertainment 3 25
Other Variable Costs 176 1,860
Depreciation & Amortization 170 1,769
Other Allocated Fixed Costs - (2)
Other Fixed Costs 56 851
------- -------
Cost of Goods Sold 3,835 39,594
Gross Profit 443 633
Plant SG&A Expense - 1
SG&A Expense - Allocation (Sched 1) 82 885
Other Operating Expenses - 55
------- -------
Total Operating Expenses 82 941
Operating Profit 361 (308)
Outside Interest Income - -
Outside Interest (Expense) - -
Intercompany Interest Income - -
Intercompany Interest (Expense) (78) (650)
Charges (From) Affiliates - -
Charges To Affiliates - -
Gain/(Loss) On Sales Of Assets - -
Outside Dividend Income - -
Foreign Exchange Gain/(Loss) - -
Income/Loss From European Operations - -
Other Income/(Expense) - 9
------- -------
Total Non-Operating Expenses (78) (641)
Income Before Income Taxes 283 (949)
Income Tax Expense 11 153
------- -------
Net Income 272 (1,102)
======= =======
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs August
(Allocation of Corporate Costs to Filing Entities)
(000's)
August
--------
Officer Compensation $ 189
Salary Expense other Employees 949
Employee Benefits and Pension 111
Payroll Taxes 53
Other Taxes 9
Rent and Lease Expense 191
Interest Expense
Insurance 54
Automobile and Truck Expense 10
Utilities(Gas Electric,Phone) 42
Depreciation 87
Travel and Entertainment 99
Repairs and Maintenance 36
Advertising/Promotion 5
Supplies, Office Expense 22
OTHER:
Contributions 0
Professional Fees - Audit/Tax 350
Bank Fees 23
Public Reporting Fees (80)
Employee Relocation/Training 1
Data Processing 15
Dues and Subscriptions 12
Outside Services 156
Project Development Costs net of Billings 21
Director Fees 25
Miscellaneous 2
Legal Fees 0
Cost Allocation - Europe (78)
Cost Allocation - Out (186)
-------
$ 2,118
=======
Allocation:
Wagner Castings 191
Northern Castings 51
Ironton Iron 0
Lynchburg Foundry 193
Columbus Foundry 313
Wagner Havana 0
Intermet U.S. Holdings 261
Cast-Matic Corp. 82
Diversified Diemakers 257
Ganton Technologies 168
Tool Products 137
Corporate 465
------
Total $2,118
======
Intermet Corp. and Subsidiaries Case #04-67605
Balance Sheet as of 06-31-05 Cast-Matic
($000's) Corp
Cash And Equivalents $ -
Accounts Receivable 6,071
Short-Term Intercompany Receivables -
Inventories 3,803
Other Current Assets 158
--------
TOTAL CURRENT ASSETS 10,032
Land and Buildings 2,889
Machinery & Equipment 18,189
Construction In Progress 109
--------
Total Fixed Assets 21,187
Accumulated Depreciation (7,722)
--------
NET FIXED ASSETS 13,465
Investment In Subsidiaries -
Investment In European Operations -
Long-Term Intercompany Receivables -
Deferred Taxes, Long-Term Asset -
Other Assets 132
--------
TOTAL ASSETS $ 23,629
========
LIABILITIES AND SHAREHOLDER EQUITY
POST PETITION LIABILITIES
Accounts Payable $ 743
Wages and Salaries (See schedule) 167
Taxes Payable - (See schedule) 24
--------
TOTAL POST PETITION LIABILITIES 934
SECURED LIABILITIES:
SECURED DEBT -
PRE-PETITION LIABILITIES:
Taxes and Other Priority Liabilities:
Accrued Income Taxes -
Accrued Tax - State -
Accrued Property Taxes -
Accrued Workers Comp. -
Accrued Payroll -
Accrued Payroll Taxes -
--------
TOTAL TAXES AND OTHER PRIORITY LIABILITIES -
UNSECURED LIABILITIES
Accounts Payable 3,213
Senior & IDR Bonds -
--------
TOTAL UNSECURED LIABILITIES 3,213
OTHER LIABILITIES
Accrued Liabilities 264
Short-Term Intercompany Payables 1,583
Retirement Benefits -
Deferred Taxes - Long-Term Liability -
Other Long-Term Liabilities -
Long-Term Intercompany Payables 17,610
Minority Interest -
--------
TOTAL LIABILITIES 23,604
Common Stock -
Capital In Excess Of Par Value 2,109
Retained Earnings - Prepetition (982)
Retained Earnings - Post Petition (1,102)
Equity In European Operations
Accumulated Translation Adjustment -
Minimum Pension Liability Adjustment -
Unearned Restricted Stock -
--------
TOTAL SHAREHOLDER EQUITY 25
--------
Total Liabilities And Equity $ 23,629
========
PERIOD ENDED: 08-31-05 CAST-MATIC CORP. CASE #04-67605
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
07/31/2005 Withheld Deposits 08/31/2005
----------- --------- ---------- ----------
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 5,473 1,275 0 6,748
Unemployment Tax: Federal 91 (7) 0 84
Unemployment Tax: State 916 (170) 0 746
All Other Payroll W/H 0 0 0 0
State Taxes: Inc./Sales/Use/Excise 11,084 11,084 0 22,168
Property Taxes (28,069) 18,500 0 (9,569)
Workers Compensation 3,700 445 (445) 3,700
----------- --------- ----------- ----------
Total ($ 6,805) $ 31,127 ($ 445) $ 23,877
Wages and Salaries 118,355 48,669 0 167,024
----------- --------- ----------- ----------
Grand Total $ 111,550 $ 79,796 ($ 445) $ 190,902
=========== ========= =========== ==========
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 $ 742,917 $ 742,917 $ 0 $ 0
Accounts Receivable $5,940,084 $ 3,491,048 $2,401,626 $ 47,410
INTERMET CORPORATION AND SUBSIDIARIES
CASH ACTIVITY ANALYSIS: MONTHLY CASH STATEMENT
MONTH ENDED 8/31/2005
CASE # 04-67605
CAST-MATIC CORP (STEVENSVILLE)
------------------------------------------------
ACCOUNT TYPE LOCKBOX AP PR
ACCOUNT # 5402699440 2770721856 2770721864
BANK STAN FED STAN FED STAN FED
BEGINNING BANK BALANCE - - -
RECEIPTS 3,289,825 - -
TRANSFERS IN (CORPORATE) - 696,908 521,030
DISBURSEMENTS - (696,908) (521,030)
TRANSFERS OUT (CORPORATE) (3,289,825) - -
---------- ---------- ----------
ENDING BANK BALANCE - - -
MATERIALS & OTHER DISBURSEMENTS PAID FOR BY CORPORATE 2,009,484
CHECKS ISSUED 584,140
PAYROLL DISBURSED (INCLUDES PAYROLL PAID BY CORPORATE) 485,086
CORPORATE DEBIT MEMOS 1,103
TOTAL DISBURSEMENTS (SEE TOTAL DISBURSEMENTS RECONCILIATION) $3,079,813
==========
OUTSTANDING CHECKS AS OF JULY 31 137,981
VOIDED CHECKS OUTSTANDING AS OF JULY 31 -
CHECKS ISSUED DURING AUGUST 584,140
CHECKS CLEARED DURING AUGUST (696,908)
----------
OUTSTANDING CHECKS AS OF AUGUST 31 (SEE OUTSTANDING CHECKLIST) $ 25,213
==========
CAST-MATIC CORP. CASE NO. 04-67605
CASH DISBURSEMENTS
AUGUST 2005
VENDOR TOTAL DISBURSEMENTS
- -------------------------------------------- --------------------
ACCU DIE & MOLD INC $ 720.00
ACE HARDWARE 665.87
ACE INSURANCE 444.89
ACE PLUMBING & HEATING OF ST. JOE 234.00
ADAM THOMAS 34.56
ADAMS REMCO, INC 1,533.16
ADP, INC 2,001.49
AIR TECH ENGINEERING, INC 8,570.00
AITKEN PRODUCTS 1,612.24
ALCOA 1,331,014.42
ALFE HEAT TREAT 218,326.74
ALL CITIES OCCUPATIONAL MEDICINE 1,780.00
ALL-PHASE ELECTRIC SUPPLY CO 46.45
ALLTHEREM SERVICES, INC 1,350.00
ALRO STEEL CORP 542.16
ALUAR 439,021.52
AMERICAN ELECTRIC POWER 31,528.75
AN-DEE'S FLORAL 47.70
AQUILA 3,899.07
ARAMARK UNIFORM SERVICES, 2,585.62
ASNT 2,395.00
ASSOCIATED BAG 556.48
AUTOMATION DIRECT.COM 399.69
BAR CODE SOLUTIONS, INC 1,765.78
BEACON OPERATIONS CENTER 14,472.67
BORRIES MARKING SYSTEM 238.87
BRAMMALL SUPPLY CO 1,013.81
BUEHLER 142.61
BURCHETT QUALITY TOOL 5,364.00
C. B. DEKORNE, INC 253.04
CANDAL ENTERPRISES, INC 76.88
CDW 144.49
CENTENNIAL TECHNOLOGIES, INC 444.00
CHARLEVOIX ENERGY TRADING 54,818.75
CHEMSTATION OF NORTHERN INDIANA 2,085.34
CMI SCHNEIBLE 4,982.40
COMPUWARE 561.00
CONNECTION SERVICES CO 85.28
COVERALL OF WESTERN MICHIGAN 1,320.00
CRANE PRO SERVICE 3,600.00
CROSS MACHINE & TOOL, INC 1,005.00
CUSTOM MOLD 1,573.11
D. A. DODD 116.65
DIMETEK 8,126.70
DME CO 425.17
DOUBLEDAY OFFICE PRODUCTS 3,239.40
DOWSETT SPRING CO 174.20
DYNAMIC INTERNATIONAL 563.85
EARTHSCAPES LANDSCAPING, INC 918.00
EIS, INC 1,268.54
E-JAY THERMO PRODUCTS, INC 450.03
EMPIRE REFRACTORY SERVICES 11,198.20
EWAB ENGINEERING 362.43
FLOWTECH CORP 62.29
FLOYD BARNES 474.78
GALCO 210.45
GEO. T SCHMIDT, INC 617.68
GLOBAL EXCHANGE SERVICES 33.76
GRAINER INDUSTRIAL 195.00
GREAT LAKES AUTOMATION 3,789.20
GRIFFIN TOO, INC 26,291.34
GRIFFIN TOOL, INC 31,346.34
HAMPTON INN - STEVENSVILLE 1,609.37
HECO, INC 4,262.00
HERSCHALL PRODUCTS 55.75
HI-TEMP PRODUCTS, INC 1,275.00
INDUSTRIAL FIREBRICK CORPORATION 369.61
INDUSTRIAL GYPSUM CO, INC 740.00
CAST-MATIC CORP. CASE NO. 04-67605
CASH DISBURSEMENTS
AUGUST 2005
VENDOR TOTAL DISBURSEMENTS
- -------------------------------------------- --------------------
INDUSTRIAL SOLUTIONS 4,525.63
J & L INDUSTRIAL SUPPLY 1,498.73
JACKSON MACHINE PRODUCTS 269.82
JAMES MILLER 45.50
JERZ MACHINE TOOL CORP 3,585.00
JOHNSON'S WORKBENCH 1,602.90
JOHNSTONE SUPPLY 248.09
JUS-RITE ENGINEERING, INC 55,765.00
KANO LAORATORIES, INC 122.30
KENDALL ELECTRIC, INC 5,032.16
KENT RUDBECK 1,122.00
KMH SYSTEMS, INC 4,036.14
LAKE X-RAY 14,145.00
LANDAUER 589.46
LAWRENCE WILLIAMS 40.00
LINDBERG/MPH 1,783.69
M & I MACHINE 4,618.25
MARTIN FLUID POWER 130.27
MAUFACTURERS RUBBER 78.50
MCMASTER-CARR SUPPLY 4,972.29
METALLURG ALUMINIUM 13,494.60
MICHIGAN SHIPPERS SUPPLY 110.26
MIDWEST SAFETY PRODUCTS, INC 119.20
MITCHELL MAZE 154.19
MITTLER SUPPLY, INC 2,776.11
MOLTEN METAL EQUIP. INNOVATIONS INC 6,643.00
MOTION INDUSTRIES, INC 1,063.72
MSC INDUSTRIAL 99.97
NATIONAL ELEMENT 2,818.61
NDS PRODUCTS, INC 145.84
OMEGA ENGNEERING, INC 356.55
ONDRAKA MANAGEMENT ENTERPRISES, LLC 645.00
P & R AUTO SERVICE 170.00
PASTY FARELY 76.97
PC UNIVERSE 1,623.30
PETTY CASH 822.61
PITNEY BOWES 199.80
POOCH WELDING SUPPLY CO 3,881.45
PRI MAR PETROLEUM, INC 33.95
PRIDE WELDING 3,970.00
PRIMET FLUID POWER 121.75
PROCESS ENGINEERING & EQUIPMENT CO 187.75
PRODUCT ACTION INTERNATIONAL, INC 8,783.57
PRODUCTION TOOL 1,083.78
PROVIDENT LIFE 97.50
PYRAMID QUALITY SOLUTIONS 2,998.00
PYROTEK, INC 60,775.71
QME QUALITY MOLD ENGINEERING 23,470.00
QUALITY INN SUITES 215.52
QUANTUM CONNECTIONS, LLC 67.00
RADDE AGENCY 28.00
RAPID PRINT 552.60
RAY'S MOTEL 756.00
R-CON NDT, INC 3,414.41
RED ARROW FIRE & SAFTEY, LLC 46.00
RELIABLE DISPOSAL 450.81
RHM FLUID POWER 493.01
S & S INDUSTRIAL SUPPLY, INC 3,588.87
SAFETY PRODUCTS DIVISION 1,181.91
SAFETY SERVICES, INC 415.42
SAFETY-KLEEN 178.05
SAMDO USA 125.20
SBC AMERITECH 706.63
SCHOTT SAW CO 3,096.55
SCOPE SERVICES, INC 25,058.12
SOUTHWESTERN MEDICAL CLINCI PC 53.00
SPECTRONICS CORP 245.22
SPRINT 334.98
STC STORAGE TRAILERS & CONTAINERS 160.00
CAST-MATIC CORP. CASE NO. 04-67605
CASH DISBURSEMENTS
AUGUST 2005
VENDOR TOTAL DISBURSEMENTS
- -------------------------------------------- -------------------
STEVENSVILLE PAYROLL (INCLUDES DISB BY CORP) 485,085.72
STOKLEY'S SERVICES, INC 88.03
SUN-TEK CORP 265.32
SUPERIOR SNACKS & VENDING SERVICE 6,492.15
TANGENT LABS, LLC 265.00
TED WALLACE 636.42
THAYER, INC 962.56
THE HERALD PALLADIUM 421.89
TPC WIRE & CABLE 504.78
TRANS MAN LOGISTICS 13,994.91
TRANSGROUP 1,487.04
TURPIN WHOLESALE 431.46
UGS CORP 189.74
UPS SUPPLY CHAIN SOLUTIONS, INC 88.42
US INSPECTION SERVICES, INC 5,058.75
VEKTEK 1,930.40
WILLIAM A KIBBE & ASSOCIATES, INC 1,290.00
Y.E.S. 29,579.63
YOUNGBLOOD AIR SYSTEMS, INC 4,927.04
YXLON INTERNATIONAL 2,544.58
ZBATTERY.COM 35.38
-------------------
$ 3,079,813.02
CAST-MATIC CORPORATION
CASE NO. 04-67605
AT 8/31/05
STEVENSVILLE - BANK RECONCILIATION
Bank Balance $ -
Outstanding AP Checks 25,212.59
Misc. reconiling items adjusted in September. (7,026.74)
-------------------
18,185.85
Unadjusted GL Balance 18,185.85
-------------------
Difference $ -
===================
CAST-MATIC CORPORATION
CASE NO. 04-67805
STEVENSVILLE
OUTSTANDING CHECKS
CASE NO. 04-67605
DATE CHECK OUTSTANDING
7/7/05 51028 264.16
8/4/05 51262 193.92
8/4/05 51309 35.38
8/5/05 51316 233.56
8/8/05 51317 155.72
8/11/05 51378 341.49
8/18/05 51393 378.00
8/18/05 51403 1,005.00
8/22/05 51440 1,110.72
8/22/05 51441 418.06
8/22/05 51442 99.97
8/23/05 51446 107.04
8/24/05 51448 337.30
8/24/05 51449 235.73
8/25/05 51453 371.19
8/25/05 51455 136.00
8/25/05 51457 1,780.00
8/25/05 51465 142.61
8/25/05 51466 116.65
8/25/05 51469 181.14
8/25/05 51470 450.03
8/25/05 51474 1,609.37
8/25/05 51480 1,425.00
8/25/05 51496 450.81
8/25/05 51497 493.01
8/25/05 51499 604.62
8/25/05 51500 495.25
8/25/05 51502 88.03
8/25/05 51511 1,612.24
8/29/05 51513 1,316.60
8/29/05 51514 425.17
8/29/05 51515 210.45
8/30/05 51516 104.33
8/30/05 51517 1,374.00
8/30/05 51518 195.00
8/30/05 51519 1,576.00
8/31/05 51520 329.00
8/31/05 51521 1,487.04
8/31/05 51522 496.96
8/31/05 51523 48.94
8/31/05 51524 2,511.78
8/31/05 51525 265.32
25,212.59
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: AUGUST 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: SEPTEMBER 23, 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
& 6/22/05-12/22/05
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 AUGUST 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: SEPTEMBER 23, 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 8-31-05
($000's)
CASE #04-67609
COLUMBUS
FOUNDRY
---------------------------------
Current Month Since Filing
------------- ------------
Net Sales 12,396 135,323
Cost of Goods Sold
Materials and Freight 3,931 45,444
Wages - Hourly 1,895 18,781
Wages-Salary 387 5,144
Employee Benefits and Pension 756 9,098
Repairs & Maintenance 830 8,886
Supplies 789 7,666
Utilities 1,128 9,418
Purchased Components/Services 398 6,344
Income(loss) from Pattern Sales (158) (1,539)
Fixed Asset - (gain/loss) - 11
MIS Expense 63 639
Travel & Entertainment 15 109
Other Variable Costs 267 1,733
Depreciation & Amortization 396 5,033
Other Allocated Fixed Costs 0 2
Other Fixed Costs 111 1,709
------ -------
Cost of Goods Sold 10,808 118,478
Gross Profit 1,587 16,845
Plant SG&A Expense 33 355
SG&A Expense - Allocation (Sched 1) 313 3,374
Other Operating Expenses - 415
------ -------
Total Operating Expenses 346 4,144
Operating Profit 1,242 12,701
Outside Interest Income - -
Outside Interest (Expense) - (6)
Intercompany Interest Income - -
Intercompany Interest (Expense) (237) (2,283)
Charges (From) Affiliates - -
Charges To Affiliates - -
Gain/(Loss) On Sales Of Assets (59) (59)
Outside Dividend Income - -
Foreign Exchange Gain/(Loss) - -
Income/Loss From European Operations - -
Other Income/(Expense) - -
------ -------
Total Non-Operating Expenses (296) (2,348)
Income Before Income Taxes 946 10,353
Income Tax Expense 33 388
------ -------
Net Income 913 9,965
====== =======
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs August
(Allocation of Corporate Costs to Filing Entities)
(000's)
August
------
Officer Compensation $ 189
Salary Expense other Employees 949
Employee Benefits and Pension 111
Payroll Taxes 53
Other Taxes 9
Rent and Lease Expense 191
Interest Expense
Insurance 54
Automobile and Truck Expense 10
Utilities(Gas Electric,Phone) 42
Depreciation 87
Travel and Entertainment 99
Repairs and Maintenance 36
Advertising/Promotion 5
Supplies, Office Expense 22
OTHER:
Contributions 0
Professional Fees - Audit/Tax 350
Bank Fees 23
Public Reporting Fees (80)
Employee Relocation/Training 1
Data Processing 15
Dues and Subscriptions 12
Outside Services 156
Project Development Costs net of Billings 21
Director Fees 25
Miscellaneous 2
Legal Fees 0
Cost Allocation - Europe (78)
Cost Allocation - Out (186)
------
$2,118
======
Allocation:
- -----------
Wagner Castings 191
Northern Castings 51
Ironton Iron 0
Lynchburg Foundry 193
Columbus Foundry 313
Wagner Havana 0
Intermet U.S. Holdings 261
Cast-Matic Corp. 82
Diversified Diemakers 257
Ganton Technologies 168
Tool Products 137
Corporate 465
------
Total $2,118
======
Intermet Corp. and Subsidiaries Case #04-67609
Balance Sheet as of 08-31-05
($000's)
Columbus
Foundry
--------------
Cash And Equivalents $ -
Accounts Receivable 17,091
Short-Term Intercompany Receivables 9
Inventories 7,577
Other Current Assets 637
---------
TOTAL CURRENT ASSETS 25,314
Land and Buildings 12,636
Machinery & Equipment 78,068
Construction In Progress 1,238
---------
Total Fixed Assets 91,942
Accumulated Depreciation (62,785)
---------
NET FIXED ASSETS 29,157
Investment In Subsidiaries -
Investment In European Operations -
Long-Term Intercompany Receivables 38,100
Deferred Taxes, Long-Term Asset -
Other Assets 611
---------
TOTAL ASSETS $ 93,182
=========
LIABILITIES AND SHAREHOLDER EQUITY
POST PETITION LIABILITIES
Accounts Payable $ 2,244
Wages and Salaries (See schedule) 253
Taxes Payable - (See schedule) 947
---------
TOTAL POST PETITION LIABILITIES 3,444
SECURED LIABILITIES:
SECURED DEBT -
PRE-PETITION LIABILITIES:
Taxes and Other Priority Liabilities:
Accrued Income Taxes -
Accrued Tax - State -
Accrued Property Taxes -
Accrued Workers Comp. 59
Accrued Payroll -
Accrued Payroll Taxes -
---------
TOTAL TAXES AND OTHER PRIORITY LIABILITIES 59
UNSECURED LIABILITIES
Accounts Payable 10,120
Senior & IDR Bonds -
---------
TOTAL UNSECURED LIABILITIES 10,120
OTHER LIABILITIES
Accrued Liabilities 2,746
Short-Term Intercompany Payables -
Retirement Benefits (683)
Deferred Taxes - Long-Term Liability -
Other Long-Term Liabilities -
Long-Term Intercompany Payables 1,336
Minority Interest -
---------
TOTAL LIABILITIES 17,022
Common Stock -
Capital In Excess Of Par Value 4,592
Retained Earnings - Prepetition 61,603
Retained Earnings - Post Petition 9,965
Equity In European Operations
Accumulated Translation Adjustment -
Minimum Pension Liability Adjustment -
Unearned Restricted Stock -
---------
TOTAL SHAREHOLDER EQUITY 76,160
---------
TOTAL LIABILITIES AND EQUITY $ 93,182
=========
PERIOD ENDED: 08-31-05
COLUMBUS FOUNDRY CASE #04-67609
--------------
SCHEDULE OF POST-PETITION TAX LIABILITY
--------------------------------------------
Balance Balance
as of Accrued / Payments / as of
7-31-05 Withheld Deposits 8-31-05
---------- ------------ ---------- ------------
Income tax withheld: Federal ($ 30,927) ($ 207,412) $ 196,525 ($ 41,815)
Income tax withheld: State (15,129) (92,727) 88,925 (18,930)
Income tax withheld: Local 0 0 0 0
FICA Withheld (28,300) (161,124) 156,385 (33,038)
Employers FICA 1,846 (175,856) 156,386 (17,624)
Unemployment Tax: Federal (940) (859) 0 (1,800)
Unemployment Tax: State (3,252) (3,149) 0 (6,401)
All Other Payroll W/H (54,965) (166,342) 185,159 (36,148)
State Taxes: Inc./Sales/Use/Excise (63,464) (71,930) 30,615 (104,778)
Property Taxes (349,918) (15,000) 0 (364,918)
Workers Compensation (276,278) (45,000) 0 (321,278)
---------- ------------ ---------- ------------
Total ($821,325) ($ 939,399) $ 813,996 ($ 946,729)
Wages and Salaries (30,557) (2,441,901) 2,219,720 (252,738)
---------- ------------ ---------- ------------
Grand Total ($851,883) ($3,381,300) $3,033,716 ($1,199,467)
========= =========== ========== ===========
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 $ 2,243,589 $ 2,243,589 $ 0 $ 0
Accounts Receivable $17,416,683 $16,390,876 $63,219 $962,588
INTERMET CORPORATION AND SUBSIDIARIES
CASH ACTIVITY ANALYSIS:
MONTH ENDED 8/31/2005
MONTHLY CASH STATEMENT
CASE # 04-67609
COLUMBUS FOUNDRY
-------------------------------------------------------
ACCOUNT TYPE DEPOSIT AP PR (HOURLY) PR (SALARY)
ACCOUNT # 5401086425 2770716492 2770716484 2770716658
BANK Stan. Fed. Stan. Fed. Stan. Fed. Stan. Fed.
- ------------------------------------------------------------ ------------ -------------- ------------ -----------
BEGINNING BANK BALANCE - - -
RECEIPTS 9,377,793 0 - -
TRANSFERS IN (CORPORATE) - 3,232,254 1,786,778 416,153
DISBURSEMENTS - (3,232,254) (1,786,778) (416,153)
TRANSFERS OUT (CORPORATE) (9,377,793) - - -
---------- ------------ ------------ -----------
ENDING BANK BALANCE - - - -
MATERIALS & OTHER DISBURSEMENTS PAID FOR BY CORPORATE 3,302,124
CHECKS ISSUED 2,691,326
PAYROLL DISBURSED (INCLUDES PAYROLL PAID BY CORPORATE) 2,351,207.38
CORPORATE DEBIT MEMOS 25,059
--------------
TOTAL DISBURSEMENTS (SEE TOTAL DISBURSEMENTS RECONCILIATION) $ 8,369,717
==============
OUTSTANDING CHECKS AS OF JULY 31 790,341
VOIDED CHECKS OUTSTANDING AS OF JULY 31 (542)
CHECKS ISSUED DURING AUGUST 2,691,326
CHECKS CLEARED DURING AUGUST (3,141,482) Excludes $90,772 of misc EFT's.
--------------
OUTSTANDING CHECKS AS OF AUGUST 31 (SEE OUTSTANDING CHECKLIST) $ 339,644
==============
COLUMBUS FOUNDRY CASE NO. 04-67609
CASH DISBURSEMENTS
AUGUST 2005
Vendor Total Disbursements
- ------------------------------------------------ -------------------
ABEL, JOHN N. $ 2,642.14
ABSOLUTE IND. SORTING 660.00
ACTIVATION, INC. 33,041.50
ADP INC 3,016.08
ADULT PROBATION OFFICE 1,935.08
AETNA US HEALTHCARE 9,952.52
AIR COMPRESSOR TECHNOLOGIES 1,924.95
AIRGAS DRY ICE 2,365.97
AIRGAS SOUTH INC. 9,056.91
ALABAMA CHILD SUPPORT PAYMENT 11,929.29
ALEXANDERSON, ERIC 478.22
ALLEGRA PRINT & IMAGING 3,443.08
ALLEN RICHARDSON 300.00
ALLEN RICHIE 1,716.98
ALLEN, JOHN F. 139.34
ALLIED MINERAL PRODUCTS INC 14,058.00
AMERICAN COLLOID COMPANY 101,932.19
AMERICAN EYE CARE 1,611.33
AQUATROL(DIV. OF MOMAR) 3,200.00
ATMOS ENERGY 68,218.59
AUTOMATION PRODUCTS, INC. 815.54
AUTOMOTIVE NEWS 348.00
BARBIER, MARK 452.44
BARLOWORLD HANDLING LP 27,232.12
BEARDSLEY & PIPER, LLC 1,558.00
BEAUFORT COUNTY FAMILY COURT 253.08
BELL SOUTH 2,430.84
BERGER ANDERSON 1,182.72
BETTY BASS FLOWERS & GIFTS 48.15
B-H TRANSFER CO 17,866.86
BHA GROUP INC 2,423.49
BROADSPIRE SERVICES INC 22,618.96
BROWNE & SHARPE 269.00
BUCK ICE & COAL CO. 2,040.61
BUCK POINT GOLF COURSE 160.00
C.A. PICARD SURFACE ENGIN 9,880.00
CAIL TOOL & MACHINERY, INC 4,188.94
CAMERON & BARKLEY CO. 928.85
CARLA DEVITA REED 600.00
CARRIER VIBRATING EQUIPMENT, INC. 2,190.37
CASTROL INDUSTRIAL N A 2,144.10
CECO ASSOCIATES 2,790.00
CHAMPION CHISEL WORKS, INC. 4,043.75
CHAPTER 13 TRUSTEE 16,518.84
CHEMSEARCH 431.01
CINTAS CORP. 6,114.78
CIT TECHNOLOGY FIN SERV, INC 1,196.26
CLERK OF MUNICIPAL COURT 2,007.99
CLERK OF THE CIRCUIT COURT 189.70
CLIENT SERVICES ECM (FIDELITY) 105.10
COBB WIRE ROPE & SLING CO. 559.08
COLUMBUS FIRE & SAFETY EQUIP 114.96
COLUMBUS FOUNDRY PAYROLL (INCLUDES DISB BY CORP) 2,351,207.38
COLUMBUS INDUSTRIAL SUPPLY 1,998.11
COLUMBUS WATER WORKS 11.38
COMMERCIAL STEEL ERECTION,INC. 25,981.00
CONSTRUCTION MANAGEMENT SERVIC 6,450.00
CONVERGED NETWORKS 575.00
CORINNE T. HURST/CIRCUIT CLERK 151.00
CRAYTON, GEORGE 82.26
CROWN EQUIPMENT CORP. 1,305.12
CURTIS REDDING 1,428.00
DAN KLEIBER 1,000.00
DANIELS, RICHARD 689.41
DAUBER COMPANY, INC. 81,960.00
DEFENDER SERVICES INC 15,338.72
DELL RECEIVABLES L.P. 826.46
DISA TECHNOLOGIES 15,709.80
COLUMBUS FOUNDRY CASE NO. 04-67609
CASH DISBURSEMENTS
AUGUST 2005
Vendor Total Disbursements
- ------------------------------------------------ -------------------
DODSON RECOGNITION 4,639.96
DYNAMIC AIR INC. 247.97
EAGLITE CHEMICALS 11,822.00
EARTHLINK INC 21.95
EBCO BATTERY CO 291.97
EDDIE WILLIAMS 6,606.40
EDWARD E. RIFFLE 345.00
ELECTRIC MELTING SRVCES SW INC 38,691.86
ELEVATOR SERVICE COMPANY 99.79
ELKEM METALS, INC. 51,243.35
ENTERPRISE 1,118.79
ENVIRONMENTAL RESOURCE ANALYST 183.00
ENVIRONMENTAL TECHNOLOGY CORP 68.40
ETA ENGINEERING, INC. 156,155.20
F & B AUTO ELECTRIC SERVICE 851.19
FANN INSTRUMENT 3,385.50
FERGUSON ENTERPRISES 10,513.27
FIRST AID OF AMERICA 1,274.93
FLETCHER OIL INC. 7,965.71
FMC CORPORATION 387.81
G E CAPITAL 008 7,553.13
GA AUTOMATION CO. INC. 999.30
GA VALVE & FITTING CO. 985.13
GAYLORD FOUNDRY EQUIPMENT,INC. 179.26
GENERAL KINEMATICS 4,986.95
GENTRY MACHINE WORKS, INC. 19,650.55
GEORGIA DEPT NATURAL RESOURCES 14,397.50
GEORGIA INDUSTRY ASSOCIATION 2,835.00
GEORGIA POWER 628,691.31
GLENN PETRIK 1,931.52
GLOBAL DOSIMRY SOLUTIONS INC 118.26
GLOBE METALLURGICAL INC 293,502.30
GRAYLINK 519.87
GULF TRADING 20,700.00
GWINNETT MAGISTRATE COURT 690.09
HA INTERNATIONAL LLC 6,354.40
HAMILTON, MILLER, HUDSON, & FAYNE 15.00
HAMMOND CONSTRUCTION CO. 5,092.00
HARTLEY CONTROLS INC. 3,703.68
HARTZ CHICKEN 155.23
HASLER MAILING SYSTEMS 205.44
HENDERSON ENGINEERING CO. 5,285.00
HERAEUS ELECTRO-NITE CO. 14,318.19
HIGGINS TECHNICAL SERVICE 1,100.00
HOUGHTON INTERNATIONAL 10,569.46
IFCO INDUSTRIAL CONTAINER SYS 512.32
IKON OFFICE SOLUTIONS 254.66
IMA 75.00
INDEPENDENT IND. SORT SERVICE 1,408.25
INDUCTOTHERM CORP. 12,092.97
INDUSTRIAL 1 SUPPLY CO. 19,269.21
INDUSTRIAL COMBUSTION SVCE INC 526.20
INDUSTRIAL CONTRACTING SERVICE 4,432.31
INDUSTRIAL METAL FABRICATORS 4,903.00
INDUSTRIAL PACKAGING CORPORATI 530.85
INDUSTRIAL VENTILATION INC. 27,110.00
INSTITUTEOF MANAGEMENT ACCTS 414.00
INTERNAL REVENUE SERVICE 1,402.00
INTERNAL REVENUE SERVICE 320.00
INTERNATIONAL TREASURER-USAW 13,387.52
INTERSTATE ELECTRICAL SUPPLY 52,271.68
JESS W. JACKSON & ASSOCIATES 13,926.49
JOHNSTONE SUPPLY 347.15
KEITH'S LOCK & KEYS 159.39
KENT RUDBECK 8,289.03
KEVIN MARTIN 17,037.81
KNOX PEST CONTROL 108.00
KRAUTKRAMER BRANSON, INC. 2,714.89
LABCORP OF AMERICA HOLDINGS 864.75
COLUMBUS FOUNDRY CASE NO. 04-67609
CASH DISBURSEMENTS
AUGUST 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
LAEMPE + REICH CORPORATION 8,067.26
LAKE, STEVE 1,008.85
LAND TRANSPORTATION 167,147.54
LARPEN METALLURGIAL SERVICE 125,970.00
LEADING EDGE 1,400.00
LIFTSYSTEMS OF GA LLC 5,566.57
LINDE GAS LLC 2,999.67
LORAMENDI, INC 5,343.58
MAGISTRATE COURT OF 652.11
MANPOWER 519.04
MAYS, DANNY J. 46.76
MCI CONFERENCING 472.46
MCMASTER-CARR SUPPLY CO 560.34
MERCER 10,375.00
MERCER 6,172.00
MERCER 7,189.00
METALDYNE 5,962.50
METALDYNE 5,145.00
METOKOTE CORPORATION 103,047.50
MICHAEL SMITH 1,044.00
MIKE & ED'S BAR - B-Q 461.07
MIKE GRAY 1,500.00
MIKE WINDISH 8,434.87
MILLER LANDSCAPING 700.00
MILLER URETHANE PRODUCTS, 3,630.45
MORRIS MATERIAL HANDLING 40,961.79
MOTION INDUSTRIES, INC. 38,504.76
MUDGE, DANIEL J 40.13
NATIONAL AFFILIATED TECHNOLOGI 3,190.00
NC CHILD SUPPORT CENTRALIZED 271.00
NEWCO 7,340.11
NORFOLK SOUTHERN CORPORATION 112,000.00
NORTHSIDE HIGH SCHOOL 600.00
OAK MOUNTAIN CONSTRUCTION 35,411.00
OCCUPATIONAL MEDICINE OF 1,436.00
ODYSSEY PRINTING & GRAPHICS 2,792.70
OFFICE DEPOT CREDIT PLAN 1,812.28
OHIO CSPC 1,232.59
OMNISOURCE CORPORATION - COPPER 72,000.00
OMNISOURCE CORPORATION - STEEL 1,412,609.51
ORTON 25.72
OVERBY COMPANY, THE 1,163.40
OVERHEAD DOOR CO. OF COLUMBUS 170.00
OWENS, B. ZANE 735.97
PACELLI HIGH SCHOOL 100.00
PAMELA LASHALL HOLT 600.00
PARMER WATER COMPANY 76.51
PECHINEY WORLD TRADE 18,518.81
PERFECT PATTERNS INC. 77,760.00
PIEDMONT FOUNDRY SUPPLY, INC. 3,127.82
PIEDMONT NATIONAL CORPORATION 8,917.64
PITTS TRAILER 331.56
POWELL SYSTEMS, INC. 76,027.50
PREFERRED SOURCING 7,624.63
PREMIER FASTNER COMPANY 334.44
PRIMETRADE, INC. 885,388.84
PROVIDENT LIFE 84.50
PRYOR GIGGEY COMPANY 1,728.00
QPI MULTIPRESS CORP. 479.89
R&R SAFETY SHOE SERVICE 1,446.97
RADIO SHACK 74.86
RADIO WHOLESALE MARKETING 718.17
RAHSHAN WRIGHT 541.68
RAY RENTS, INC. 470.84
REAVES WRECKING 16,073.55
RED HILL GRINDING WHEEL CORP. 3,277.15
REED, CHRIS 130.93
REFRACTORY SALES & SERVICE CO. 3,220.80
REYNOLDS SUPPLY CO. 4,037.77
COLUMBUS FOUNDRY CASE NO. 04-67609
CASH DISBURSEMENTS
AUGUST 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
RICHARD DANIELS 116.67
RIKEN OF AMERICA, INC. 17,792.51
ROBERTS SINTO CORPORATION 491.96
RODGERS METAL CRAFT, INC. 20,488.36
RUSS THUROW 6,000.00
SAFETY SOUTH 18,235.34
SAFETY-KLEEN CORP. 582.81
SAM'S WELDING 444.00
SCORE, INC 16,430.00
SCOTT, LEO 82.26
SERVICE FIRST, INC. 1,257.52
SHANNON BAKER ASSOCIATES, INC. 32,833.00
SHEMWELL, DAVID 2,729.20
SHOES'N COMPANY 2,019.92
SIMPSON TECHNOLOGIES 2,275.96
SMITH GRAY ELECTRIC CO., INC. 6,552.13
SMITH, MIKE 488.92
SOUTHERN STATES TOYOTALIFT 47,612.49
SPAR SPECIALTY REFRACTORIES 12,672.00
SPECIALTY FOUNDRY PRODUCT 11,338.73
SPRINT 39.41
SPRINT PCS 4,421.70
STATE CENTRAL UNIT 640.00
STATE COLLECTION & DISBUREMENT 500.00
STERICYCLE, INC. 79.06
STREET, DANIEL 821.75
SUPREME CORES OF THE CAROLINAS 15,557.50
TECHNICAL SERVICES GROUP INC 8,109.90
THE BUSINESS RESOURCE CENTER 270.00
THE MODAL SHOP 275.89
THE NEW KEIBLER-THOMPSON CO. 6,988.00
THOMAS DUNN 217.77
TRANS-MAN LOGISTICS, INC. 99,792.73
TRIPLE M MANUFACTURING, INC. 11,200.00
U.S. DEPT OF EDUCATION 281.67
U.S. DEPT OF LABOR 3,375.00
UMETCO, INC 77,910.00
UNIFRAX 561.60
UNIMIN CORPORATION 26,997.30
UNITED WAY CHATTAHOOCHEE CTY 1,316.00
VALLEY LANGUAGE SERVICES 700.00
VESUVIUS U.S.A. 19,425.42
VICTORIA BODLEY 200.00
VOLVO RENTS 10,949.00
VORNE INDUSTRIES, INC. 4,460.49
VULCAN ELECTRO COATING 18,747.78
VULCAN ENGINEERING CO. 493.85
WALL STREET JOURNAL 115.03
WALLS, DAVID 163.06
WARD, WILLIAM H. 598.24
WARNER PAINT & DECORATING CENT 1,084.01
WARR GRADING CONTRACTOR 23,712.00
WASTE MANAGEMENT 2,183.09
WHEELABRATOR ABRASIVES, INC. 40,674.00
WHEELABRATOR INTERNATIONAL 9,910.37
WILLIAM A.KIBBE & ASSOCIATES 2,805.00
WINGATE INN 280.44
YANCEY BROS. CO., 23,761.68
--------------
$ 8,369,717.36
COLUMBUS FOUNDRY
CASE NO. 04-67609
AT 8/31/05
COLUMBUS FOUNDRY - BANK RECONCILIATION
Bank Balance $ -
Actual Outstanding Checks 339,643.67
Unadjusted GL Balance 339,643.67
-----------
Difference $ -
===========
COLUMBUS FOUNDRY
OUTSTANDING CHECK LIST
CASE NO. 04-67609
DATE CHECK OUTSTANDING
3/11/05 18449 23.95
7/21/05 21210 9,108.00
7/26/05 21300 5,250.00
7/26/05 21339 1,029.82
7/28/05 21410 500.00
8/4/05 21507 6,450.00
8/9/05 21580 1,100.00
8/9/05 21608 139.34
8/9/05 21615 1,008.85
8/18/05 21742 660.00
8/18/05 21746 815.54
8/18/05 21777 45.62
8/18/05 21807 600.00
8/18/05 21819 27,135.00
8/23/05 21835 689.31
8/23/05 21836 99.79
8/23/05 21841 205.44
8/23/05 21848 5,962.50
8/23/05 21858 5,000.00
8/23/05 21868 4,460.49
8/23/05 21874 9,952.52
8/23/05 21881 2,007.99
8/23/05 21882 189.70
8/23/05 21883 151.00
8/23/05 21885 4,639.96
8/23/05 21890 652.11
8/23/05 21894 541.68
8/23/05 21899 500.00
8/23/05 21901 281.67
8/23/05 21902 200.00
8/23/05 21905 31,998.00
8/25/05 21911 1,658.45
8/25/05 21912 2,768.09
8/25/05 21914 458.21
8/25/05 21915 983.00
8/25/05 21916 710.00
8/25/05 21917 438.06
8/25/05 21918 526.20
8/25/05 21919 1,174.48
8/25/05 21923 271.27
8/25/05 21929 25.65
8/25/05 21930 250.00
8/25/05 21932 2,030.40
8/25/05 21933 12,924.10
8/25/05 21936 500.00
8/25/05 21937 4,638.86
8/25/05 21939 1,611.33
8/25/05 21940 68.40
8/25/05 21945 5,145.00
8/25/05 21947 39.41
8/25/05 21948 1,250.00
8/25/05 21949 93.48
8/25/05 21950 25,981.00
8/25/05 21951 154,700.00
339,643.67
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: AUGUST 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: SEPTEMBER 23, 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
& 6/22/05-12/22/05
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 AUGUST 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: SEPTEMBER 23, 2005 /s/ Robert E. Belts
-----------------------------------------
Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- --------------
Title Phone
Intermet Corp. and Subsidiaries
Opening Statement
For the Month Ended 8-31-05
($000's) CASE #04-67612
DIVERSIFIED
DIEMAKERS
---------------------------------
Current Month Total Since Filing
------------- ------------------
Net Sales 7,142 78,618
Cost of Goods Sold
Materials and Freight 2,133 26,307
Wages - Hourly 1,386 14,789
Wages-Salary 161 1,670
Employee Benefits and Pension 671 8,348
Repairs & Maintenance 473 4,563
Supplies 125 1,445
Utilities 252 2,818
Purchased Components/Services - -
Income(loss) from Pattern Sales 76 1,829
Fixed Asset - (gain/loss) - -
MIS Expense - -
Travel & Entertainment 6 46
Other Variable Costs 370 5,071
Depreciation & Amortization 768 7,531
Other Allocated Fixed Costs 280 3,737
Other Fixed Costs 167 1,590
----- ------
Cost of Goods Sold 6,868 79,744
Gross Profit 274 (1,126)
Plant SG&A Expense - (6)
SG&A Expense - Allocation (Sched 1) 257 2,776
Other Operating Expenses - 551
----- ------
Total Operating Expenses 257 3,321
Operating Profit 17 (4,447)
Outside Interest Income - -
Outside Interest (Expense) - -
Intercompany Interest Income - -
Intercompany Interest (Expense) (238) (2,327)
Charges (From) Affiliates - -
Charges To Affiliates - -
Gain/(Loss) On Sales Of Assets - 13
Outside Dividend Income - -
Foreign Exchange Gain/(Loss) - -
Income/Loss From European Operations - -
Other Income/(Expense) - -
----- ------
Total Non-Operating Expenses (238) (2,314)
Income Before Income Taxes (221) (6,761)
Income Tax Expense - 41
----- ------
Net Income (221) (6,802)
===== ======
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs August
(Allocation of Corporate Costs to Filing Entities)
(000's)
August
------
Officer Compensation $ 189
Salary Expense other Employees 949
Employee Benefits and Pension 111
Payroll Taxes 53
Other Taxes 9
Rent and Lease Expense 191
Interest Expense
Insurance 54
Automobile and Truck Expense 10
Utilities(Gas Electric,Phone) 42
Depreciation 87
Travel and Entertainment 99
Repairs and Maintenance 36
Advertising/Promotion 5
Supplies, Office Expense 22
OTHER:
Contributions 0
Professional Fees - Audit/Tax 350
Bank Fees 23
Public Reporting Fees (80)
Employee Relocation/Training 1
Data Processing 15
Dues and Subscriptions 12
Outside Services 156
Project Development Costs net of Billings 21
Director Fees 25
Miscellaneous 2
Legal Fees 0
Cost Allocation - Europe (78)
Cost Allocation - Out (186)
-------
$ 2,118
=======
Allocation:
Wagner Castings 191
Northern Castings 51
Ironton Iron 0
Lynchburg Foundry 193
Columbus Foundry 313
Wagner Havana 0
Intermet U.S. Holdings 261
Cast-Matic Corp. 82
Diversified Diemakers 257
Ganton Technologies 168
Tool Products 137
Corporate 465
------
Total $2,118
======
Intermet Corp. and Subsidiaries
Balance Sheet as of 08-31-05 CASE #04-67612
DIVERSIFIED
DIEMAKERS
-----------
Cash And Equivalents $ 26
Accounts Receivable 10,065
Short-Term Intercompany Receivables -
Inventories 17,633
Other Current Assets 1,038
---------
TOTAL CURRENT ASSETS 28,762
Land and Buildings 16,395
Machinery & Equipment 58,645
Construction In Progress 1,272
---------
Total Fixed Assets 76,312
Accumulated Depreciation (47,533)
---------
NET FIXED ASSETS 28,779
Investment In Subsidiaries -
Investment In European Operations -
Long-Term Intercompany Receivables 40,200
Deferred Taxes, Long-Term Asset -
Other Assets -
---------
TOTAL ASSETS $ 97,741
=========
LIABILITIES AND SHAREHOLDER EQUITY
POST PETITION LIABILITIES
Accounts Payable $ 1,237
Wages and Salaries (See schedule) 308
Taxes Payable - (See schedule) 925
---------
TOTAL POST PETITION LIABILITIES 2,470
SECURED LIABILITIES:
SECURED DEBT -
PRE-PETITION LIABILITIES:
Taxes and Other Priority Liabilities:
Accrued Income Taxes -
Accrued Tax - State -
Accrued Property Taxes -
Accrued Workers Comp 1,186
Accrued Payroll -
Accrued Payroll Taxes -
---------
TOTAL TAXES AND OTHER PRIORITY LIABILITIES 1,186
UNSECURED LIABILITIES
Accounts Payable 6,278
Senior & IDR Bonds -
---------
TOTAL UNSECURED LIABILITIES 6,278
OTHER LIABILITIES
Accrued Liabilities 3,968
Short-Term Intercompany Payables 2
Retirement Benefits 1,145
Deferred Taxes - Long-Term Liability -
Other Long-Term Liabilities 689
Long-Term Intercompany Payables -
Minority Interest -
---------
TOTAL LIABILITIES 15,738
Common Stock -
Capital In Excess Of Par Value 110,000
Retained Earnings - Prepetition (21,195)
Retained Earnings - Post Petition (6,802)
Equity In European Operations
Accumulated Translation Adjustment -
Minimum Pension Liability Adjustment -
Unearned Restricted Stock -
---------
TOTAL SHAREHOLDER EQUITY 82,003
---------
TOTAL LIABILITIES AND EQUITY $ 97,741
=========
PERIOD ENDED: 08-31-05 DIVERSIFIED DIEMAKERS, INC. CASE #04-67612
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
07/31/05 Withheld Deposits 08-31-05
------------ ------------ ---------- ------------
Income tax withheld: Federal ($ 30,338) ($ 178,593) $ 190,660 ($ 18,271)
Income tax withheld: State (9,577) (56,725) 60,524 (5,779)
Income tax withheld: Local 0 0 0 0
FICA Withheld (24,445) (139,400) 149,309 (14,535)
Employers FICA (24,445) (139,398) 149,308 (14,536)
Unemployment Tax: Federal (227) (760) 891 (96)
Unemployment Tax: State (907) (3,040) 3,563 (383)
All Other Payroll W/H (91,618) (264,252) 308,949 (46,920)
State Taxes: Inc./Sales/Use/Excise (1,830) (9,573) 6,869 (4,534)
Property Taxes (287,164) (38,289) 0 (325,453)
Workers Compensation (419,473) (133,449) 58,592 (494,330)
----------- ----------- ---------- -----------
TOTAL ($ 890,023) ($ 963,478) $ 928,665 ($ 924,836)
Wages and Salaries (317,423) (1,323,273) 1,332,891 (307,806)
----------- ----------- ---------- -----------
GRAND TOTAL ($1,207,447) ($2,286,751) $2,261,555 ($1,232,642)
=========== =========== ========== ===========
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 $ 1,236,534 $1,213,060 $ 31,941 ($ 8,467)
Accounts Receivable $10,064,754 $8,783,300 $900,705 $380,749
INTERMET CORPORATION AND SUBSIDIARIES
CASH ACTIVITY ANALYSIS:
MONTH ENDED 8/31/2005
MONTHLY CASH STATEMENT
CASE # 04-67612
DIVERSIFIED DIE MAKERS (MONROE)
--------------------------------------------------------------
ACCOUNT TYPE LOCKBOX AP CHECKING CHECKING PR
ACCOUNT # 5402530991 2770721732 5045182027 5970758593 2770721740
BANK Stand Fed Stand Fed Bank of America UMB Bank Stand Fed
-------------- -------------- --------------- -------------- -------------
BEGINNING BANK BALANCE - - - - -
RECEIPTS 5,815,267 - - 527 -
TRANSFERS IN (CORPORATE) - 1,524,850 - - 982,808
DISBURSEMENTS - (1,524,850) (195) (12) (982,808)
TRANSFERS OUT (CORPORATE) (5,815,267) - - - -
---------- ----------- ---- --- --------
ENDING BANK BALANCE - - (195) 515 -
MATERIALS & OTHER DISBURSEMENTS
PAID FOR BY CORPORATE 2,342,736
CHECKS ISSUED 1,383,604
PAYROLL DISBURSED (INCLUDES PAYROLL
PAID BY CORPORATE) 1,768,158
CORPORATE DEBIT MEMOS 62,825
-----------
TOTAL DISBURSEMENTS (SEE TOTAL
DISBURSEMENTS RECONCILIATION) $ 5,557,323
===========
OUTSTANDING CHECKS AS OF JULY 31 263,829
VOIDED CHECKS OUTSTANDING AS OF JULY 31 (166)
CHECKS ISSUED DURING AUGUST 1,383,604
CHECKS CLEARED DURING AUGUST (1,524,850)
-----------
OUTSTANDING CHECKS AS OF AUGUST 31
(SEE OUTSTANDING CHECKLIST) $ 122,417
===========
DIVERSIFIED DIEMAKERS, INC. CASE NO. 04-67612
CASH DISBURSEMENTS
AUGUST 2005
VENDOR TOTAL DISBURSEMENTS
- ------------------------------------ -------------------
A & S PRINTING SERVICE $ 6,295.50
ABRASIVE MATERIALS, LLC 8,680.00
ACCURATE EXHAUST 400.00
ACCUTHERM INC. 294.43
ACE INSURANCE 58,591.93
ACHESON COLLOIDS COMPANY 3,267.00
ADECCO EMPLOYMENT SERVICES 22,429.23
AIR PRODUCTS & CHEMICALS, I 4,827.67
ALBERT MILES 15.00
ALLIED WASTE SERVICES 1,874.91
ALRO MASCO ST. LOUIS 264.64
ALTORFER MACHINERY COMPANY 148.60
AMACOR 113,400.00
AMERICAN GLASS 200.00
AMERICAN TANK & FABRICATING CO 36,661.00
AMI PIPE AND SUPPLY CO. 5,622.10
APPLEBEE TREE FLOWERS & GIFTS 78.97
ARISTOCAST, INC. 55.48
ASI - DATAMYTE 6,688.65
AT&T 52.34
AT&T 86.71
ATMOS ENERGY 1,673.22
AWERKAMP MACHINE CO. 7,595.81
B.C. MACDONALD & COMPANY 3,130.06
B.S. METALLURGY, INC. 4,808.03
BABBY WILLIAMS 432.40
BALZERS TOOL COATING INC. 115.84
BANK OF AMERICA 6,935.17
BANNER FIRE EQUIPMENT INC. 1,756.15
BANNER MACHINE TOOL&SUPPLY CO 399.25
BAX GLOBAL 3,363.16
BDC, INC. 15,943.58
BETTY MAYFIELD 195.00
BILL BOEHL 26.25
BLEIGH READY MIX CO. 870.74
BLICK'S CONSTRUCTION CO., INC. 6,360.00
BOBBY WILSON 1,200.00
BODLE DIAMOND INDUSTRIES 154.00
BOKUM TOOL COMPANY, INC. 1,268.17
BOULEVARD PROPERTIESM, LLC. 821.25
BRAD HUDSON 10.13
BRAHLER'S TRUCKERS SUPPLY INC 262.53
BRENT DUDGEON (EMPLOYEE) 1,279.76
BUCKMAN'S CONVENIENCE STORE 1,599.65
BURST MACHINERY COMPANY 979.82
BUSCH PRECISION INC. 3,660.00
C.I.C.S. C/O 392.75
CANFIELD & JOSEPH, INC. 712.60
CAPE ELECTRICAL SUPPLY, INC. 7,591.12
CARLTON-BATES COMPANY 769.14
CAROL KING 106.45
CAROLYN A. GRAINGER 17,961.00
CASTING EQUIPMENT & SUPPLY 1,024.45
CBIZ ACCOUNTING 1,665.00
CENTERLINE (WINDSOR) LTD 567.06
CENTRAL WELDING SUPPLIES, INC. 33,457.48
CENTURYTEL 2,784.51
CENTURYTEL OF SOUTHWEST MO 21.53
CHARLIE SMOOT (EMPLOYEE) 78.75
CHEM-TREND INCORPORATED 1,377.19
CHINN ENTERPRISES, LLC 21,644.00
CHRISTY REFRACTORIES COMPANY 8,941.70
CITY OF MONROE CITY 120,526.67
CITY OF SHELBINA 58.47
CLEAN WATER SOLUTIONS 59.72
CMS COMMUNICATIONS, INC. 342.64
COGSDILL ENTERPRISES INC 367.44
COMPUTERLAND OF QUINCY 257.52
DIVERSIFIED DIEMAKERS, INC. CASE NO. 04-67612
CASH DISBURSEMENTS
AUGUST 2005
VENDOR TOTAL DISBURSEMENTS
- ------------------------------------ -------------------
CONSOLIDATED PRODUCTS 55.04
CONTAINER DISTRIBUTERS INC. 6,078.20
CONTROL-AIR, INC. 1,011.61
COPPER & BRASS SALES 413.74
CORROSION PRODUCTS INC. 16.90
CRESCENT ELECTRIC SUPPLY CO 11,830.06
CRESCENT PARTS & EQUIP. 386.27
CROSS HULLER DRILLUNIT 22.82
CROWN LINEN SERVICE, INC. 2,045.32
DAN FOSTER (EMPLOYEE) 92.53
DANA CORPORATION 434,828.00
DANIEL SKAGGS 1,119.29
DAVIS TOOL & DIE 172,100.00
DCT INDUSTRIAL SUPPLY 85.80
DEAD SEA MAGNESIUM LTD 322,167.51
DEBBIE LEWIS 30.00
DELL MARKETING L.P. 1,171.03
DEVLIEG-BULLARD II, INC. 58.50
DIEMER & ASSOCIATES 1,257.78
DIVERSIFIED DIEMAKERS(EMPLOYEE RELATED) 2,339.45
DON HAYS (EMPLOYEE) 1,685.52
DON POAGE 456.59
DONNIE MORRIS 15.00
DOORS & MORE 659.74
DOUG BELDON 75.00
DURA-BAR METAL SERVICES 196.62
DWYER INSTRUMENTS, INC. 217.14
EASTERN ALLOYS 170,734.16
EFD, INC. 221.13
E-JAY THERMO PRODUCTS, INC. 162.94
ELECTRODES, INC. 1,601.22
EMED COMPANY, INC. 307.26
ENGINEERED LUBRICANTS CO. 9,089.62
ENGINEERED PRODUCTS 5,638.88
ENGINEERED SALES 55.50
ERIC LAMB 218.15
FALCON TOOL CO., INC. 166.02
FANUC ROBOTICS NORTH AMERICA 4,180.20
FARRER PUMP & MACHINERY CO. 33.77
FASTENAL COMPANY 4,438.80
FEDEX 1,275.12
FLO-PRODUCTS COMPANY 435.38
FRANK FLORI EQUIPMENT CO. 472.56
FRENCH GERLEMAN ELECTRIC CO. 13,147.70
G.H. TOOL & MOLD 10,031.00
G.S. ROBINS AND COMPANY 805.90
GARY SHOEMAKER 45.00
GARY WILLIAMSON 90.00
GARY YAGER 839.68
GASKET & SEAL FABRIC. INC. 106.05
GATEWAY METALS INC. 34,462.13
GATEWAY PHARMACY 92.43
GEO. C. POTTERFIELD TRUCKING 300.00
GEOLOGISTICS AMERICAS INC 2,683.00
GETZ FIRE EQUIPMENT CO. 8,523.94
GRAINGER 12,030.83
GREENFIELD COMMERCIAL CREDIT 920.00
GREG BRIDGMAN 112.45
GSI LUMONICS 431.23
HANNIBAL BOARD OF PUBLIC WORKS 26,721.31
HANNIBAL CLINIC INC. 465.00
HANNIBAL COURIER-POST 356.50
HANNIBAL INDUSTRIAL PAINTIN 190.00
HANNIBAL REGIONAL HOSPITAL 270.00
HARTWIG, INC. 196.10
HEINTZ ELECTRIC COMPANY 9,527.65
HELCO PRECISION TOOLS & GAGES 640.46
HILLYARD FLOOR CARE SUPPLY 119.28
HTE TECHNOLOGIES 12,311.27
DIVERSIFIED DIEMAKERS, INC. CASE NO. 04-67612
CASH DISBURSEMENTS
AUGUST 2005
VENDOR TOTAL DISBURSEMENTS
- ------------------------------------ -------------------
ICONNECT 101.60
IDG USA, LLC 20,184.78
IDRAPRINCE, INC. 14,150.80
ILLINI ENVIRONMENTAL INC. 6,000.00
INDUSTRIAL FINISHING SERVICES 10,142.97
INDUSTRIAL INNOVATIONS INC 54.10
INDUSTRIAL PROCESS EQUIP GROUP 3,270.82
INDUSTRIAL STRAINER COMPANY 1,741.32
INSIGHT/HARDDRIVES INT'L. 1,722.33
INTECH EDM 685.69
INT'L SURFACE PREPARTION CORP 3,166.22
IOWA MACHINERY & SUPPLY 679.08
ISA, INC 481.25
JACKSON BROS-HEARTLAND 2,391.32
JASON STARK (EMPLOYEE) 45.36
JEFF SPALDING (EMPLOYEE) 668.29
JENZANO, INC. 260.60
JERHEN INDUSTRIES, INC. 259.74
JERICO INC. 456.76
JET BULK OIL 590.80
JOE GASS (EMPLOYEE) 45.00
JOHN HENRY FOSTER CO. 2,539.34
JOHN LONG 75.75
JOHN SAKACH CO OF ST. LOUIS 872.76
JOSEPH TAUSER & ASSOCIATES INC 378.89
JOST MACHINERY COMPANY 213.26
KARLA WATSON 12.00
KENNY'S SERVICE CENTER 56.51
KEVIN BICHSEL (EMPLOYEE) 37.75
KEVIN PETERS (EMPLOYEE) 15.00
KONIECZNY TOOL & DIE 15,933.32
L.N. BROSS 9,082.24
LARLETA BRINKLEY 10.00
LEANDER LUBRICANTS 385.65
LEBANON POLICE DEPARTMENT 4.00
LEO O'LAUGHLIN, INC. 2,600.00
LESLIE SHUCK 144.95
LISA MARTIN (EMPLOYEE) 435.73
LISA OBERT (EMPLOYEE) 75.00
LITTLE DOG AUTO PARTS 288.20
LIZ GREENHILL 32.27
LOWRY COMPUTER PRODUCTS INC 247.36
LUBY EQUIPMENT SERVICES 2,470.89
MANPOWER 5,049.05
MARK TWAIN SUPPLY CO. 8,073.37
MARK UTTERBACK (EMPLOYEE) 41.37
MARLON BUSINESS FORMS 319.61
MARTIN'S TRUE VALUE HARDWARE 270.78
MARVEL ENGINEERING COMPANY 215.25
MC MACHINERY SYSTEMS, INC. 824.00
MCCLINTIC COMMUNICATION 4,265.85
MCMASTER-CARR SUPPLY COMPANY 795.30
MERCER 4,067.00
MERRICK MACHINERY CO. 1,448.49
MFA OIL CO. 2,720.00
MICROTEK 3,743.00
MIDLAND INDUSTRIES, INC. 135,835.37
MIDWEST INSTRUMENT CO. 182.40
MISSOURI DEPARTMENT OF REVENUE 78.50
MISUMI USA INC. 341.10
MOLD-TECH ILLINOIS 794.14
MONROE AUTO PARTS 298.56
MONROE CITY SHELTER WORK SHOP 19,547.11
MONROE PAYROLL (INCLUDES DISB BY CORP) 1,768,157.57
MONROE TIRE & BATTERY 393.21
MOTION INDUSTRIES, INC 10,127.99
MOYERS SERVICE CENTER & 469.29
MSC INDUSTRIAL SUPPLY CO. 2,305.73
MUNICIPAL TOOL & MACHINERY CO 263.34
DIVERSIFIED DIEMAKERS, INC. CASE NO. 04-67612
CASH DISBURSEMENTS
AUGUST 2005
VENDOR TOTAL DISBURSEMENTS
- --------------------------------------- -------------------
MVI, INC. 806.69
NALCO COMPANY 7,029.51
NATIONAL KARD 145.50
NEFF POWER INC. 4,873.90
NEWARK INONE 1,326.76
NINH FUNKENBUSCH 163.31
ONEOK ENERGY MARKETING COMPANY 48,095.74
PALMYRA BOARD OF PUBLIC WORKS 64,470.14
PALMYRA HARDWARE 29.70
PAMIDA 2.90
PAPPAS STAINLESS & ALLOY, INC. 730.00
PATTERSON MOLD AND TOOL, INC. 24,500.00
PAULO PRODUCTS CO. 4,801.37
PHELPS ASSOCIATES, INC. 244.28
POLAR ICE CO. 235.50
PRECISION INTERNATIONAL CORP. 1,049.70
PRECISION TOOL COMPANY 232.12
PROFORMA 356.40
PROGRESSIVE COMPONENTS 284.93
PRO-PACK TESTING LABORATORY 1,920.00
PROVIDENT LIFE 113.75
PRUDENTIAL INSURANCE 12,535.33
PURCHASE PARTNERS 4,590.00
QSR GROUP, INC. 3,098.53
QUALITY SERVICE GROUP 900.00
QUEST QUALITY SERVICES 1,183.50
QWEST COMMUNICATIONS 666.02
RADCO INDUSTRIES 3,908.17
RADLEY CORPORATION 4,312.00
RAMAIR 426.24
REMACOR, INC. 13,736.25
REN POTTERFIELD TRUCKING, INC. 41.86
RES MANUFACTURING COMPANY 38,787.70
REX-BUCKEYE CO., INC. 1,295.00
RICHARD GREENE CO. 1,064.92
RICHARDS ELECTRIC MOTOR CO. 398.00
RIMROCK 1,459.72
ROBEY BUILDING SUPPLY, INC. 236.35
ROBOHAND, INC 702.95
ROCHESTER TOOL & CUTTER 838.50
ROCKFORD DRILL HEAD, INC. 16,980.00
ROCKFORD SYSTEMS, INC. 6.17
ROSE METAL INDUSTRIES 2,546.75
ROTO-FINISH CO 168.22
ROTOLITE OF ST.LOUIS INC 99.00
RTD OFFICE PRODUCTS 541.95
RUSTIC OAK CABIN RESTAURANT 1,033.20
SAFETY-KLEEN SYSTEMS 1,244.91
SANITATION STRATEGIES LLC 957.96
SBC 1,592.53
SCHWADA BUILDERS, INC. 5,212.00
SCOTT SPECIAL TOOLS, INC. 3,012.44
SCOTT WILLIAMS (EMPLOYEE) 231.73
SEALCRAFT, INC. 2,205.00
SEARS COMMERCIAL ONE 45.70
SEMBLEX CORP. 5,776.15
SEMCO, INC. 358.52
SHANNAHAN CRANE & HOIST, INC. 966.57
SHARP BROS. INC 1,207.50
SHERMAN 5,425.00
SHERYL HAYS (EMPLOYEE) 207.50
SLIDEMATIC PRODUCTS COMPANY 1,147.68
SLOAN INDUSTRIES INC 17,193.00
SMITH CENTRAL SUPPLY INC. 201.06
SOLUTIA INC 1,322.90
SOUND SOLUTIONS 696.53
SOUTHWESTERN BELL 644.35
SPAN AMERICA, INC. 215.94
SPAN DE MEXICO 350.00
DIVERSIFIED DIEMAKERS, INC. CASE NO. 04-67612
CASH DISBURSEMENTS
AUGUST 2005
VENDOR TOTAL DISBURSEMENTS
- --------------------------------------- -------------------
SPARTAN LIGHT METAL 35,534.40
SPECTRA COMMUNICATIONS GROUP 268.63
SPECTRO ALLOYS CORP 230,874.41
SPECTRONICS 2,170.00
SPHERION CORPORATION 5,254.23
SPINCRAFT 772.90
SPRINT 5,465.40
ST. LOUIS BOILER SUPPLY 61.60
STACY FOUTES (EMPLOYEE) 75.00
STERLING COMMERCE-NETWORK 1,500.72
STERLING SIZE REDUCTION 554.00
STERLING, INC. 2,195.50
STEVE SWON 127.50
STRIPMATIC PRODUCTS INC 1,018.80
SUNNEN PRODUCTS COMPANY 2,033.01
SUNRISE CREDIT SERVICES INC 25.00
SUNSOURCE 3,244.57
SUPPLIER DEVELOPMENT INC 2,992.50
SYMMCO, INCORPORATED 42,364.45
T.F. EHRHART COMPANY 4,527.67
TELESIS TECHNOLOGIES INC 373.57
TEMTRON, INC. 438.76
TENNANT 1,957.31
TERRY MOOK 75.00
THE LAKE GAZETTE 45.00
THE ST. LOUIS DISTRIBUTION 21,722.00
THREE BOND INTERNATIONAL INC. 5,292.00
TIFFIN FOUNDRY & MACHINE, INC. 2,570.00
TOM DEITZMAN (EMPLOYEE) 60.00
TOM WATSON (EMPLOYEE) 95.62
TOOLING ASSOCIATES 667.36
TOYOTA TSUSHO AMERICA INC 28,603.92
TRANSMAN 54,671.95
U.S. CELLULAR 625.05
U.S. MAGNESIUM, LLC 761,314.95
UNISOURCE WORLDWIDE INC. 36,779.92
UNITED ELECTRIC POWER INC. 181.50
UNITED STATES DRILL HEAD CO 1,084.92
UNITED STATES PLASTIC CORP. 413.58
UNIVERSITY OF MO-COL 6,000.00
US FILTER/IONPURE, INC 4,869.43
VIATRAN CORPORATION 949.59
VICTORY PACKAGING 12,198.00
VONTHUN POWERWASHING 4,600.00
WALMART 320.00
WALTER TULEY 253.05
WESTERN DISTRIBUTING CO. 48.15
WESTHOFF 209.97
WIESE PLANNING & ENGINEERING 13,667.67
WILLIAM A KIBBE & ASSOCIATES 120.00
WINK'S LAWN SERVICE 3,000.00
WISE EL SANTO CO., INC. 2,878.62
YELLOW FREIGHT SYSTEM, INC. 3,009.17
----------------
$ 5,557,323.33
DIVERSIFIED DIEMAKERS, INC.
CASE NO. 04-67612
AT 8/31/05
MONROE - BANK RECONCILIATION
Bank Balance $ -
Actual Outstanding AP Checks 122,417.48
Payroll Checks Outstanding 185,940.40
----------
308,357.88
Unadjusted GL Balance 308,357.88
----------
Difference $ -
==========
DIVERSIFIED DIEMAKERS, INC.
CASE NO. 04-67612
MONROE
OUTSTANDING CHECKS
CASE NO. 04-67612
DATE CHECK OUTSTANDING
10/5/04 337183 45.00
11/5/04 337674 35.76
11/5/04 337705 5.00
11/11/04 337789 158.49
11/16/04 337916 341.24
11/17/04 337930 454.88
12/29/04 338726 821.25
6/24/05 401949 176.30
7/8/05 402158 3,100.00
7/15/05 402289 512.76
7/22/05 402545 321.78
8/5/05 402810 163.31
8/5/05 402825 5,212.00
8/12/05 402897 712.60
8/12/05 402990 181.50
8/15/05 402998 384.57
8/18/05 403008 920.00
8/19/05 403054 20.10
8/19/05 403089 37.75
8/19/05 403090 15.00
8/19/05 403092 385.65
8/19/05 403106 66.28
8/19/05 403107 47.95
8/19/05 403108 492.32
8/19/05 403109 751.73
8/19/05 403110 216.91
8/19/05 403111 172.44
8/19/05 403139 127.50
8/19/05 403148 3,804.22
8/22/05 403161 4.00
8/22/05 403162 115.84
8/23/05 403163 544.00
8/23/05 403164 1,033.20
8/23/05 403165 145.92
8/24/05 403166 1,945.26
8/24/05 403168 4,180.20
8/25/05 403169 3,363.16
8/26/05 403175 754.51
8/26/05 403176 1,180.00
8/26/05 403177 6,771.39
8/26/05 403178 15.00
8/26/05 403182 55.48
8/26/05 403185 9,079.58
8/26/05 403186 154.00
8/26/05 403187 821.25
8/26/05 403189 191.56
8/26/05 403194 1,665.00
8/26/05 403196 29.13
8/26/05 403197 21.53
8/26/05 403200 59.72
8/26/05 403203 11,398.54
8/26/05 403214 567.41
8/26/05 403218 3,355.00
8/26/05 403219 15.00
8/26/05 403221 42.01
8/26/05 403226 329.56
8/26/05 403228 2,379.00
8/26/05 403235 1,088.50
8/26/05 403238 260.60
8/26/05 403246 2,600.00
8/26/05 403249 41.37
8/26/05 403253 544.00
8/26/05 403254 3,743.00
8/26/05 403258 8,217.60
8/26/05 403260 1,984.01
8/26/05 403261 98.22
8/26/05 403266 244.28
8/26/05 403267 45.00
8/26/05 403269 1,920.00
8/26/05 403276 957.96
8/26/05 403278 45.00
8/26/05 403281 215.94
8/26/05 403283 75.00
8/26/05 403287 12,636.16
8/26/05 403291 45.00
8/26/05 403293 560.27
8/26/05 403294 5,832.92
8/26/05 403295 4,869.43
8/26/05 403296 3,136.40
8/30/05 403302 120.50
8/30/05 403303 237.82
8/30/05 403304 1,295.00
8/30/05 403305 570.00
8/30/05 403306 210.70
8/31/05 403307 236.00
8/31/05 403308 384.57
8/31/05 403309 180.03
8/31/05 403310 121.66
122,417.48
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: AUGUST 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: SEPTEMBER 23, 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
& 6/22/05-12/22/05
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 AUGUST 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: September 23, 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 8-31-05
($000's)
CASE #04-67600
GANTON
TECHNOLOGIES
------------------------------------
Current Month Total Since Filing
------------- ------------------
Net Sales 2,061 52,256
Cost of Goods Sold
Materials and Freight 458 13,294
Wages - Hourly 423 12,094
Wages-Salary 320 5,155
Employee Benefits and Pension 618 11,041
Repairs & Maintenance 167 1,418
Supplies 159 2,785
Utilities 194 3,351
Purchased Components/Services 234 6,343
Income(loss) from Pattern Sales 204 84
Fixed Asset - (gain/loss) - -
MIS Expense 9 98
Travel & Entertainment 9 170
Other Variable Costs 189 3,888
Depreciation & Amortization 154 2,647
Other Allocated Fixed Costs - -
Other Fixed Costs 93 1,964
------- -------
Cost of Goods Sold 3,231 64,332
Gross Profit (1,170) (12,076)
Plant SG&A Expense - 217
SG&A Expense - Allocation (Sched 1) 168 1,812
Other Operating Expenses (213) 10,476
------- -------
Total Operating Expenses (45) 12,505
Operating Profit (1,125) (24,581)
Outside Interest Income - -
Outside Interest (Expense) - -
Intercompany Interest Income - -
Intercompany Interest (Expense) (80) (1,039)
Charges (From) Affiliates - -
Charges To Affiliates - -
Gain/(Loss) On Sales Of Assets 2,041 2,713
Outside Dividend Income - -
Foreign Exchange Gain/(Loss) - -
Income/Loss From European Operations - -
Other Income/(Expense) - -
------- -------
Total Non-Operating Expenses 1,961 1,674
Income Before Income Taxes 836 (22,907)
Income Tax Expense 13 135
------- -------
Net Income 823 (23,042)
======= =======
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs August
(Allocation of Corporate Costs to Filing Entities)
(000's)
August
-------
Officer Compensation $ 189
Salary Expense other Employees 949
Employee Benefits and Pension 111
Payroll Taxes 53
Other Taxes 9
Rent and Lease Expense 191
Interest Expense
Insurance 54
Automobile and Truck Expense 10
Utilities(Gas Electric,Phone) 42
Depreciation 87
Travel and Entertainment 99
Repairs and Maintenance 36
Advertising/Promotion 5
Supplies, Office Expense 22
OTHER:
Contributions 0
Professional Fees - Audit/Tax 350
Bank Fees 23
Public Reporting Fees (80)
Employee Relocation/Training 1
Data Processing 15
Dues and Subscriptions 12
Outside Services 156
Project Development Costs net of Billings 21
Director Fees 25
Miscellaneous 2
Legal Fees 0
Cost Allocation - Europe (78)
Cost Allocation - Out (186)
-------
$ 2,118
=======
Allocation:
Wagner Castings 191
Northern Castings 51
Ironton Iron 0
Lynchburg Foundry 193
Columbus Foundry 313
Wagner Havana 0
Intermet U.S. Holdings 261
Cast-Matic Corp. 82
Diversified Diemakers 257
Ganton Technologies 168
Tool Products 137
Corporate 465
-------
Total $ 2,118
=======
Intermet Corp and Subsidiaries
Balance Sheet as of 08-31-05
($000's)
CASE #04-67600
--------------
GANTON
TECHNOLOGIES
Cash And Equivalents $ -
Accounts Receivable 4,435
Short-Term Intercompany Receivables 493
Inventories 4,178
Other Current Assets 435
---------
TOTAL CURRENT ASSETS 9,541
Land and Buildings 11,092
Machinery & Equipment 31,530
Construction In Progress 108
---------
Total Fixed Assets 42,730
Accumulated Depreciation (27,795)
---------
NET FIXED ASSETS 14,935
Investment In Subsidiaries -
Investment In European Operations -
Long-Term Intercompany Receivables 11,827
Deferred Taxes, Long-Term Asset -
Other Assets 22
---------
TOTAL ASSETS $ 36,325
=========
LIABILITIES AND SHAREHOLDER EQUITY
POST PETITION LIABILITIES
Accounts Payable $ 977
Wages and Salaries (See schedule) 39
Taxes Payable - (See schedule) 677
---------
TOTAL POST PETITION LIABILITIES 1,693
SECURED LIABILITIES:
Secured Debt -
PRE-PETITION LIABILITIES:
Taxes and Other Priority Liabilities:
Accrued Income Taxes -
Accrued Tax - State 7
Accrued Property Taxes -
Accrued Workers Comp. 660
Accrued Payroll -
Accrued Payroll Taxes -
---------
TOTAL TAXES AND OTHER PRIORITY LIABILITIES 667
UNSECURED LIABILITIES
Accounts Payable 9,505
Senior & IDR Bonds -
---------
TOTAL UNSECURED LIABILITIES 9,505
OTHER LIABILITIES
Accrued Liabilities 1,022
Short-Term Intercompany Payables 7
Retirement Benefits 1,944
Deferred Taxes - Long-Term Liability -
Other Long-Term Liabilities -
Long-Term Intercompany Payables 9,108
Minority Interest -
---------
TOTAL LIABILITIES 23,946
Common Stock -
Capital In Excess Of Par Value 160,000
Retained Earnings - Prepetition (124,579)
Retained Earnings - Post Petition (23,042)
Equity In European Operations
Accumulated Translation Adjustment -
Minimum Pension Liability Adjustment -
Unearned Restricted Stock -
---------
TOTAL SHAREHOLDER EQUITY 12,379
---------
TOTAL LIABILITIES AND EQUITY $ 36,325
=========
PERIOD ENDED: 08-31-05 GANTON TECHNOLOGIES (PULASKI) CASE #04-67600
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
7/31/2005 Withheld Deposits 8/31/2005
--------- --------- ---------- ---------
Income tax withheld: Federal ($ 7,101) ($ 62,468) $ 65,483 ($ 4,087)
Income tax withheld: State 0 0 0 0
Income tax withheld: Local 0 0 0 0
FICA Withheld (5,956) (22,846) 25,375 (3,428)
Employers FICA (5,956) (22,846) 25,375 (3,428)
Unemployment Tax: Federal (623) (358) 623 (358)
Unemployment Tax: State (5,061) (2,913) 5,061 (2,913)
All Other Payroll W/H 0 0 0 0
State Taxes: Inc./Sales/Use/Excise (6,000) (6,000) 0 (12,000)
Property Taxes (51,931) (7,800) 0 (59,731)
Workers Compensation 0 (55,445) 0 (55,445)
--------- --------- --------- ---------
Total ($ 82,629) ($180,677) $ 121,916 ($141,391)
Wages and Salaries (65,566) (36,915) 65,566 (36,915)
--------- --------- --------- ---------
Grand Total ($148,195) ($217,592) $ 187,482 ($178,305)
========= ========= ========= =========
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 $ 678,930 $ 672,912 $ 0 $ 6,018 (*)
Accounts Receivable $ 4,562,290 $ 2,998,361 $ 823,674 $ 740,254
(*) Disputed
PERIOD ENDED: 08/31/05 GANTON TECHNOLOGIES (RACINE) CASE #04-67600
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
7/31/2005 Withheld Deposits 8/31/2005
--------- --------- ---------- ---------
Income tax withheld: Federal $ 0 ($ 16,927) $ 16,927 $ 0
Income tax withheld: State 0 (7,400) 7,400 0
Income tax withheld: Local 0 0 0 0
FICA Withheld 0 (9,758) 9,758 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 (108) (7,107) 0 (7,215)
Property Taxes (87,337) (7,080) 49,141 (45,276)
Workers Compensation (465,803) (100,000) 82,315 (483,488)
--------- --------- --------- ---------
Total ($553,248) ($148,272) $ 165,541 ($535,979)
Wages and Salaries (4,042) (2,425) 4,042 (2,425)
--------- --------- --------- ---------
Grand Total ($557,290) ($150,697) $ 169,583 ($538,404)
========= ========= ========= =========
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 $298,290 $296,967 $ 0 $ 1,323
Accounts Receivable $384,151 $242,294 $ 30,288 $111,570
INTERMET CORPORATION AND SUBSIDIARIES
CASH ACTIVITY ANALYSIS:
MONTH ENDED 8/31/2005
MONTHLY CASH STATEMENT
CASH ACTIVITY ANALYSIS: CASE # 04-67600
GANTON TECHNOLOGIES (PULASKI)
ACCOUNT TYPE LOCKBOX AP PR
ACCOUNT # 5402699424 2770721799 2770721807
BANK Stan Fed Stan Fed Stan Fed
BEGINNING BANK BALANCE - - -
RECEIPTS 267,207 - -
TRANSFERS IN (CORPORATE) 5,058 1,040,876 582,187
DISBURSEMENTS - (1,040,876) (582,187)
TRANSFERS OUT (CORPORATE) (267,207) - -
----------- ------------ --------
ENDING BANK BALANCE 5,058.00 - -
MATERIALS & OTHER DISBURSEMENTS PAID FOR BY CORPORATE 926,371
CHECKS ISSUED 1,086,251
PAYROLL DISBURSED (INCLUDES PAYROLL PAID BY CORPORATE) 564,222
CORPORATE DEBIT MEMOS 42,319
-----------
TOTAL DISBURSEMENTS (SEE TOTAL DISBURSEMENTS RECONCILIATION) $ 2,619,162
===========
OUTSTANDING CHECKS AS OF JULY 31 468,299
VOIDED CHECKS OUTSTANDING AS OF JULY 31 (884)
CHECKS ISSUED DURING AUGUST 1,086,251
CHECKS CLEARED DURING AUGUST (1,040,876)
-----------
OUTSTANDING CHECKS AS OF AUGUST 31 (SEE OUTSTANDING CHECKLIST) $ 512,790
===========
GANTON TECHNOLOGIES, INC. (PULASKI) CASE NO. 04-67600
CASH DISBURSEMENTS
AUGUST 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
ABCO, INC $ 1,250.00
ACCOUNTEMPS 1,869.00
ACE INSURANCE 462.22
ACE METAL CORP 11,196.70
AH ASSOCIATES 2,000.00
AIR DRAULICS ENGINEE 3,999.90
AIRGAS SOUTH (BOC GA 4,092.51
AL CAST COMPANY 51,246.12
ALUMINUM RESOURCES I 82,823.78
AMCOR 415.81
AMERICAN CHEMICAL 24,112.75
AROBOTECH SYSTEMS 16,460.00
AUTOMATIC DATA PROCE 3,891.84
B & C INSTRUMENTS 310.26
BAILEY COMPANY 4,402.81
BANK OF FRANKEW 725.00
BARNETT PEST CONTROL 75.00
BELLSOUTH 1,335.45
BG & R COMPANY 10,380.00
BI-LO / RED FOOD 49.13
BOSTON MUTUAL LIFE 1,859.00
BRADLEY COATINGS 5,013.06
BRENDA JEAN DAUGHTRY 502.30
BROOKS AUTO 396.25
C KENNETH STILL 340.00
CARRIE SMITH 960.82
CASTOOL 2,423.50
CENTRAL CHILD SUPPORT 5,185.43
CHEM-STATION 879.19
CHEM-TREND INCORPORATED 9,404.85
CHRIS DOUTHIT 4,572.00
CHURCH AUTO PARTS CO 894.17
CINTAS CORPORATION 7,677.45
CNC SYSTEMS 706.00
COLUMBIA MACHINE WOR 47,069.50
CP TECH-MOTIVE TOOL ADV. 18,695.48
DELL COMPUTERS 363.24
DIVERSIFIED PRINTING 43.68
EDWARDS XPRESS INC. 29,420.30
ELCO SINTERED ALLOYS 1,198.50
EMED COMPANY INC. 97.09
EMPIRE CNC SERVICES 16,161.62
EPCO PRODUCTS, INC. 1,428.22
EXPEDITE SERVICES 690.69
F.S. SPERRY 1,355.40
FIRE EXTINGUISHER AN 419.19
FIRST NATIONAL 9,842.53
FORKLIFT SYSTEMS 3,312.00
G.W. SMITH & SONS, INC. 1,749.00
GE BETZ, INC. 18,981.00
GE CAPITAL 2,014.43
GENERAL SESSIONS CLERK 365.36
GENERAL SESSIONS COURT 52.96
GENERAL SUPPLY CORP. 18,844.29
GIBSON BROTHERS AUTO PARTS 283.99
GIBSON'S GLASS & MIR 515.00
GILES COUNTY REWORK 3,742.75
GLOBAL EXCHANGE SERV 103.52
GRAINGER 2,162.35
GRAYMILLS 6,968.00
HARCROS CHEMICALS, I 982.40
HENRY E. HILDEBRAND, III 2,604.00
HILDRETH MANUFACTURI 4,639.80
IMCO RECYCLING 278,069.41
IMPREX, INC. 31,108.86
INTERMET 307.04
J & K INDUSTRIAL SUP 1,183.95
J&D SERVICES 3,926.80
GANTON TECHNOLOGIES, INC. (PULASKI) CASE NO. 04-67600
CASH DISBURSEMENTS
AUGUST 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
J&J/INGAS PROPANE 2,140.00
J.M. JUDE ASSOCIATES 76.70
JAMIE PATTERSON 925.00
JANET WILLIAMS 725.00
JEFF GATLIN 139.38
JEFFERSON PILOT FINA 558.45
JEFFERSON PILOT FINA 506.80
JEFFREYS MANUFACTURING SOLUS 72.00
JM FOREST PRODUCTS, 4,251.10
JOE TOWNSEND 1,250.00
JOHN-MICHAELS ENTERP 28,079.50
KANO SERVICES 123.08
KELLY SERVICES 17,642.17
KOLLSTEDT ELECTRIC, LLC 33,041.68
LAKESIDE MANUFACTURI 37,515.92
LEWISBURG RUBBER AND 7,086.48
LEWTER'S WHOLESALE SUPPLY 87.60
LIN ROE 1,250.00
LIVINGSTON AND HAVEN 195.07
MAGID GLOVE/EQUITY I 676.78
MAGNA-TECH SE. 4,335.19
MAIN MANUFACTURING 263.68
MARTIN SUPPLY CO., INC. 681.75
MCMASTER-CARR SUPPLY 5,111.80
MERCER 15,873.00
MERCER 9,513.00
MERCER 13,210.00
MERWIN STOLTZ 2,381.50
METAL PROCESSORS 1,242.00
METOKOTE 1,300.93
METOKOTE CORPORATION 26,417.80
MG ELECTRIC 3,111.45
MICHIGAN MILL & ABRA 988.50
MID-SOUTH METALLURGI 250.86
MIGUEL MEDINA 10,411.29
MILWAHKEE 2-WAY, INC. 155.55
MIRSA 25,626.46
MOTION INDUSTRIES 2,229.95
NASHVILLE METAL PREP 660.40
NEWSOM INDUSTRIES 2,340.00
NORANDA 250,692.72
OAKWOOD APARTMENTS 500.00
OHIO SCREW PRODUCTS 12,518.50
PACKAGING FULFILLMEN 20,676.92
PARKER HANNIFIN CORP 34,569.00
PEREZ SERVICES INC. 3,636.48
PERFECTION SPRING 3,491.03
PINNACLE CONSTRUCTIO 150.00
POSTMASTER 111.00
POWER CLEANING EQUIP., INC. 128.63
PRECISION MACHINERY 2,404.79
PRINCE MACHINE CORP 450.72
PROCLEAN SUPPLIES & 1,131.37
PROGRESSIVE COMPONENTS 2,491.75
PTI QUALITY CONTAINMENT 37,150.90
PULASKI ELECTRIC, WA 163,808.14
PULASKI LUMBER COMPA 429.60
PULASKI PAYROLL (INCLUDES DISB BY CORP) 564,221.56
PUTMAN INVESTMENTS 417.96
PUTNAM INVESTMENTS 12,737.30
PYROTEK, INC. 451.50
QUAD STEEL CORPORATION 6,860.00
QUALITY MOLD 3,750.00
RANDSTAD 45,410.11
REFRACTORY ENGINEERS 5,911.00
REILLY, PENNER, & BENTON 3,261.00
RICHLAND, LLC 1,073.00
RIMROCK 15,886.50
RIVERSBURG WELDING C 12,754.17
GANTON TECHNOLOGIES, INC. (PULASKI) CASE NO. 04-67600
CASH DISBURSEMENTS
AUGUST 2005
VENDOR TOTAL DISBURSEMENTS
- -------------------------- -------------------
ROBERT W. HERR 17,196.07
ROBIN COULDRY 354.54
SAM GUERRERO 170.02
SAMANTHA LITTLE 807.24
SCHAEFER GROUP 7,058.00
SELECT FOODS INC. 544.22
SHAWN PROMOTIONS 781.19
SLOAN FLUID 343.50
SPECTRO ALLOYS CORP 220,535.35
SPECTRO ANALYTICAL 2,479.16
SPRINT 427.78
ST. JOE TOOL COMPANY 4,375.00
STEPHANIE WALTER 823.77
STERICYCLE INC. 11.93
STEVE ROMICK 892.27
STUART C. IRBY COMPA 34,247.84
SUMITOMO ELECTRIC CARBIDE 756.42
SWANSON INDUSTRIAL 126.40
T.L. ASHFORD 295.00
TAMMY KAY BOWEN 430.72
TECHNICRAFT, INC. 825.00
TERESA CHEATHAM 86.99
THE DYER COMPANY 2,898.15
THE STAMPMAKER COMPANY 36.90
THE TENNESSEAN 314.72
TRANSMAN 69,742.65
VEKTEK, INC. 164.80
VERIZON WIRELESS 151.39
VISI-TRAK WORLDWIDE LLC 726.06
WATKINS TRUCKING, IN 180.00
WATSON'S OFFICE SUPP 3,157.39
WI SCTF 3,683.30
WILLIAM H. DAY 4,400.00
-------------------
$ 2,619,161.89
GANTON TECHNOLOGIES, INC.
CASE NO. 04-67600
AT 8/31/05
PULASKI - BANK RECONCILIATION
Bank Balance $ -
Actual Outstanding Checks 512,789.95
Total PR Outstanding Checks 30,706.16
Misc. Reconciling Items Adjusted in September (6,368.92)
--------------
537,127.19
Unadjusted GL Balance 537,127.19
--------------
Difference $ -
==============
GANTON TECHNOLOGIES, INC.
CASE NO. 04-67600
PULASKI
OUSTANDING CHECKS
CASE NO. 04-67600
DATE CHECK OUTSTANDING
- -------- ----- -----------
11/11/04 12952 770.00
5/12/05 14533 3,635.75
5/13/05 14586 97.50
5/18/05 14624 64.62
5/26/05 14678 410.31
6/9/05 14833 114.41
6/9/05 14846 995.47
6/29/05 14941 100.46
7/21/05 15162 95.05
7/21/05 15163 54.75
7/21/05 15166 91.34
7/21/05 15190 558.00
7/22/05 15210 1,308.68
7/27/05 15237 70.59
7/27/05 15245 1,325.12
7/27/05 15270 30.00
7/29/05 15304 99.22
8/10/05 15410 920.34
8/12/05 15461 49.13
8/18/05 15491 4,400.00
8/24/05 15500 1,045.63
8/24/05 15503 51.09
8/24/05 15504 3,236.74
8/24/05 15507 4,786.74
8/24/05 15508 100.46
8/24/05 15518 76.70
8/24/05 15519 91.34
8/24/05 15527 694.73
8/24/05 15528 747.00
8/24/05 15535 96.08
8/24/05 15539 134.54
8/24/05 15542 57.98
8/24/05 15543 528.70
8/24/05 15544 128.63
8/24/05 15545 451.50
8/26/05 15553 11,196.70
8/26/05 15554 2,717.84
8/26/05 15555 239.31
8/26/05 15556 992.13
8/26/05 15557 75.00
8/26/05 15558 1,335.45
8/26/05 15559 2,640.00
8/26/05 15560 572.88
8/26/05 15561 2,890.71
8/26/05 15562 706.00
8/26/05 15563 363.24
8/26/05 15564 2,172.00
8/26/05 15565 2,718.12
8/26/05 15566 2,014.43
8/26/05 15567 637.17
8/26/05 15569 197.10
8/26/05 15570 6,968.00
8/26/05 15571 4,639.80
8/26/05 15572 13,426.56
8/26/05 15573 3,926.80
8/26/05 15574 2,595.30
8/26/05 15575 2,300.44
8/26/05 15576 2,387.66
8/26/05 15577 9,714.94
8/26/05 15578 1,493.90
8/26/05 15579 137.76
8/26/05 15580 2,618.64
8/26/05 15581 2,381.50
8/26/05 15582 1,242.00
8/26/05 15583 96.90
8/26/05 15584 24,076.60
8/26/05 15585 67.26
8/26/05 15586 8,226.96
8/26/05 15588 413.49
8/26/05 15589 131.70
8/26/05 15590 2,340.00
8/26/05 15591 17,233.10
8/26/05 15592 525.00
8/26/05 15593 1,545.98
8/26/05 15594 819.75
8/26/05 15595 111,057.29
8/26/05 15596 429.60
8/26/05 15597 3,910.00
8/26/05 15598 3,406.00
8/26/05 15599 748.00
8/26/05 15600 4,381.50
8/26/05 15601 160.97
8/26/05 15602 781.19
8/26/05 15603 1,749.00
8/26/05 15604 36.90
8/26/05 15605 24,968.11
8/26/05 15606 825.00
8/26/05 15607 1,250.00
8/26/05 15608 330.00
8/26/05 15609 127.22
8/26/05 15610 151.39
8/31/05 15612 1,000.00
8/31/05 15613 64.10
8/31/05 15614 17,280.00
8/31/05 15615 16,460.00
8/31/05 15616 911.31
8/31/05 15617 242.00
8/31/05 15618 1,859.00
8/31/05 15619 85.01
8/31/05 15621 1,320.86
8/31/05 15622 1.04
8/31/05 15623 7,965.00
8/31/05 15624 18,695.48
8/31/05 15625 100.46
8/31/05 15626 2,575.65
8/31/05 15627 307.04
8/31/05 15628 3,735.36
8/31/05 15629 1,202.75
8/31/05 15630 51.41
8/31/05 15631 18,981.00
8/31/05 15632 474.99
8/31/05 15633 7,717.31
8/31/05 15634 91.34
8/31/05 15635 1,022.80
8/31/05 15636 892.57
8/31/05 15637 6,286.55
8/31/05 15638 47.21
8/31/05 15639 317.40
8/31/05 15640 198.45
8/31/05 15641 14,858.87
8/31/05 15642 867.90
8/31/05 15643 155.55
8/31/05 15644 10,839.50
8/31/05 15645 3,312.00
8/31/05 15646 685.00
8/31/05 15647 506.80
8/31/05 15648 558.45
8/31/05 15649 1,841.64
8/31/05 15650 134.55
8/31/05 15651 1,008.00
8/31/05 15652 234.71
8/31/05 15653 9,544.78
8/31/05 15654 10,251.30
8/31/05 15655 150.00
8/31/05 15656 720.00
8/31/05 15657 3,750.00
8/31/05 15658 1,812.00
8/31/05 15659 8,802.04
8/31/05 15660 4,898.00
8/31/05 15661 2,249.10
8/31/05 15662 229.95
8/31/05 15663 340.00
8/31/05 15664 295.00
8/31/05 15665 726.06
8/31/05 15666 166.33
8/31/05 15667 90.00
8/31/05 15668 644.00
8/31/05 15669 86.99
8/31/05 15670 312.95
8/31/05 15671 323.50
512,789.95
INTERMET CORPORATION AND SUBSIDIARIES
CASH ACTIVITY ANALYSIS:
MONTH ENDED 8/31/2005
MONTHLY CASH STATEMENT
CASE # 04-67600
GANTON TECHNOLOGIES (RACINE)
-----------------------------------------------------------------
ACCOUNT TYPE LOCKBOX AP PR (HOURLY) PR (SALARY) HEALTH CARE
ACCOUNT # 5402699432 2770721815 2770721823 2770721831 2770721849
BANK Stan Fed Stan Fed Stan Fed Stan Fed Stan Fed
BEGINNING BANK BALANCE - - - - -
RECEIPTS 113,295 - - - -
TRANSFERS IN (CORPORATE) - 281,782 23,362 123,519 497
DISBURSEMENTS - (281,782) (23,362) (123,519) (497)
TRANSFERS OUT (CORPORATE) (113,295) - - - -
---------- ---------- ----------- ----------- -----------
ENDING BANK BALANCE - - - - -
MATERIALS & OTHER DISBURSEMENTS PAID FOR BY CORPORATE 422
CHECKS ISSUED 233,272
PAYROLL DISBURSED (INCLUDES PAYROLL PAID BY CORPORATE) 150,444
CORPORATE DEBIT MEMOS 91,219
----------
TOTAL DISBURSEMENTS (SEE TOTAL DISBURSEMENTS RECONCILIATION) $ 475,357
==========
OUTSTANDING CHECKS AS OF JULY 31 134,187
VOIDED CHECKS OUTSTANDING AS OF JULY 31 (52,200)
CHECKS ISSUED DURING AUGUST 233,272
CHECKS CLEARED DURING AUGUST (281,782)
----------
OUTSTANDING CHECKS AS OF AUGUST 31 (SEE OUTSTANDING CHECKLIST) $ 33,477
==========
GANTON TECHNOLOGIES, INC. (RACINE) CASE NO. 04-67600
CASH DISBURSEMENTS
AUGUST 2005
VENDOR TOTAL DISBURSEMENTS
- -------------------------------------- -------------------
AAA ENVIRONMENTAL $ 2,921.95
ACCOUNTEMPS 9,584.50
ACE INSURANCE 67,534.19
ADT SECURITY SYSTEMS 5,665.64
ALLAN COTTINGIM 1,477.31
AMERICAN ENTERPRISE 5,491.57
AMERICAN INDUSTRIAL 11,207.97
AT & T 2,537.09
AT&T 80.12
AUTOMATIC DATA PROCE 2,578.31
BOSTON MUTUAL LIFE 560.00
BRANDT TRUCK LINE, INC. 62.05
CENTRAL TRANSPORT 214.79
CO-OPERATIVE CREDIT UNION 3,880.00
CURT PAPE 2,177.58
DIRECT DENTAL SERVICE 1,211.69
DIVERSIFIED PRINTING 5,275.40
EYE CARE OF WISCONSIN INC 6.72
G.E. CAPITAL CORPORA 41,525.00
GLOBAL EXCHANGE SERV 29.13
GORDON FLESCH CO., I 3,398.10
GRECCO, JOE 55.88
GRECCO, JOE 20.50
GRECCO, JOE 19.12
IRON MOUNTAIN SECURE 358.43
JEFFERSON PILOT FINANCIAL 307.00
KAUFMANN-WORTHEN 52,200.00
KAZTEX ENERGY MANAGE 581.68
KRISTIANSEN ENTERPRI 775.00
M & I TRUST 503.46
MACHINERY & FACTORY 3.76
MAGNA-TECH/TECHNA SE 1,572.42
MARSHALL & ILSLEY TRUST 639.00
MERCER 8,307.00
MERCER 5,897.00
MERCER 3,416.00
MERCURY WASTE SOLUTI 965.64
MIKE STEFANI 47.30
MORI SEIKI MID-AMERI 4,289.82
OFSI 266.20
OTIS ELEVATOR COMPANY 151.02
PACKERLAND RENT-A-MA 132.32
PENSKE TRUCK LEASING 11,144.76
PITNEY BOWES CREDIT CORP 1,181.32
PRAXAIR DISTRIBUTION 424.05
PUTNAM INVESTMENTS- 2,184.99
RACINE PAYROLL (INCLUDES DISB BY CORP) 150,443.71
RACINE WATER AND 98.40
REILLY, PENNER & BENTON 5,889.00
ROCKFORD WELDING SUP 51.46
SAFETY KLEEN SYSTEMS 9,804.42
SBC 199.97
STEVE MUTCHIE 121.38
TRANS-MAN LOGISTICS 421.86
U.S. CELLULAR 1,208.65
UAW LOCAL 627 206.08
ULINE 226.93
UNITED PARCEL SERVIC 128.00
WASTE MANAGEMENT 1,019.46
WE ENERGIES 21,206.34
WISCONSIN LIFT TRUCK 13,794.26
WOLTER INVESTMENT CO 5,579.32
WOODLAND HILLS 2,094.64
-------------------
$ 475,356.66
GANTON TECHNOLOGIES, INC.
CASE NO. 04-67600
AT 8/31/05
RACINE - BANK RECONCILIATION
Bank Balance $ -
Actual Outstanding Checks 33,477.45
Unadjusted GL Balance $33,477.45
----------
Difference $ -
==========
GANTON TECHNOLOGIES, INC.
CASE NO. 04-67600
RACINE
OUTSTANDING CHECKS
CASE NO. 04-67600
DATE CHECK OUTSTANDING
- ------- ----- -----------
7/1/05 43039 1,500.00
7/20/05 43086 206.08
7/25/05 43096 1,500.00
7/25/05 43101 1,016.13
8/17/05 43204 206.08
8/26/05 43215 1,290.99
8/26/05 43216 690.52
8/26/05 43218 6.72
8/26/05 43219 112.25
8/31/05 43240 2,115.20
8/31/05 43241 4,653.88
8/31/05 43242 58.52
8/31/05 43243 231.17
8/31/05 43244 424.05
8/31/05 43245 100.00
8/31/05 43246 736.00
8/31/05 43247 2,184.99
8/31/05 43248 54.46
8/31/05 43249 5,573.43
8/31/05 43250 64.00
8/31/05 43251 370.16
8/31/05 43252 4,803.50
8/31/05 43253 5,579.32
33,477.45
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending:
AUGUST 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: SEPTEMBER 23, 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
& 6/22/05-12/22/05
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 AUGUST 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: SEPTEMBER 23, 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 8-31-05
($000's)
CASE # 04-67601
INTERMET
HOLDING CO.
--------------------------------------
Current Month Total Since Filing
------------- ------------------
Net Sales - -
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 - -
Gain/(Loss) On Sales Of Assets - -
Outside Dividend Income - -
Foreign Exchange Gain/(Loss) - -
Income/Loss From European Operations - -
Other Income/(Expense) - -
------ ------
Total Non-Operating Expenses - -
Income Before Income Taxes - -
Income Tax Expense - -
------ ------
Net Income - -
====== ======
- -----------------
*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 August, $382,000 of Intercompany interest
was eliminated through foreign operations and therefore not included in this
statement.
Current Month Total Since Filing
($382) ($4,252)
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs August
(Allocation of Corporate Costs to Filing Entities)
(000's)
August
------
Officer Compensation $189
Salary Expense other Employees 949
Employee Benefits and Pension 111
Payroll Taxes 53
Other Taxes 9
Rent and Lease Expense 191
Interest Expense
Insurance 54
Automobile and Truck Expense 10
Utilities(Gas Electric,Phone) 42
Depreciation 87
Travel and Entertainment 99
Repairs and Maintenance 36
Advertising/Promotion 5
Supplies, Office Expense 22
OTHER:
Contributions 0
Professional Fees - Audit/Tax 350
Bank Fees 23
Public Reporting Fees (80)
Employee Relocation/Training 1
Data Processing 15
Dues and Subscriptions 12
Outside Services 156
Project Development Costs net of Billings 21
Director Fees 25
Miscellaneous 2
Legal Fees 0
Cost Allocation - Europe (78)
Cost Allocation - Out (186)
------
$2,118
======
Allocation:
- -----------
Wagner Castings 191
Northern Castings 51
Ironton Iron 0
Lynchburg Foundry 193
Columbus Foundry 313
Wagner Havana 0
Intermet U.S. Holdings 261
Cast-Matic Corp. 82
Diversified Diemakers 257
Ganton Technologies 168
Tool Products 137
Corporate 465
------
Total $2,118
======
Intermet Corp and Subsidiaries
Balance Sheet as of 8-31-05
($000's)
CASE # 04-67601
---------------
INTERMET
HOLDING CO.
---------------
Cash And Equivalents
Accounts Receivable
Short-Term Intercompany Receivables
Inventories
Other Current Assets -
--------
TOTAL CURRENT ASSETS -
Land and Buildings -
Machinery & Equipment -
Construction In Progress -
--------
Total Fixed Assets -
Accumulated Depreciation -
--------
NET FIXED ASSETS -
Investment In Subsidiaries 90,292
Investment In European Operations -
Long-Term Intercompany Receivables 8,246
Deferred Taxes, Long-Term Asset
Other Assets -
--------
TOTAL ASSETS $ 98,538
========
LIABILITIES AND SHAREHOLDER EQUITY
POST PETITION LIABILITIES
Accounts Payable $ -
Wages and Salaries (See schedule) -
Taxes Payable - (See schedule) -
--------
TOTAL POST PETITION LIABILITIES -
SECURED LIABILITIES:
SECURED DEBT -
PRE-PETITION LIABILITIES:
Taxes and Other Priority Liabilities:
Accrued Income Taxes -
Accrued Tax - State -
Accrued Property Taxes -
Accrued Workers Comp. -
Accrued Payroll -
Accrued Payroll Taxes -
--------
TOTAL TAXES AND OTHER PRIORITY LIABILITIES -
UNSECURED LIABILITIES
Accounts Payable -
Senior & IDR Bonds -
--------
TOTAL UNSECURED LIABILITIES -
OTHER LIABILITIES
Accrued Liabilities -
Short-Term Intercompany Payables -
Retirement Benefits -
Deferred Taxes - Long-Term Liability -
Other Long-Term Liabilities -
Long-Term Intercompany Payables 141,170
Minority Interest -
--------
TOTAL LIABILITIES 141,170
Common Stock 1
Capital In Excess Of Par Value 1
Retained Earnings - Prepetition (18,705)
Retained Earnings - Post Petition (4,252)
Equity In European Operations
Accumulated Translation Adjustment (19,677)
Minimum Pension Liability Adjustment -
Unearned Restricted Stock -
--------
TOTAL SHAREHOLDER EQUITY (42,632)
--------
TOTAL LIABILITIES AND EQUITY $ 98,538
========
PERIOD ENDED: 08-31-05 INTERMET HOLDING COMPANY CASE #04-67601
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
07/31/2005 Withheld Deposits 08/31/2005
---------- --------- ---------- ----------
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: AUGUST 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 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: SEPTEMBER 23, 2005 ______________________________
Debtor in Possession
Form 5
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: AUGUST 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: SEPTEMBER 23, 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
& 6/22/05-12/22/05
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 AUGUST 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: SEPTEMBER 23, 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 8-31-05
($000's)
CASE # 04-67604
INTERMET
ILLINOIS
-----------------------------------
Current Month Total Since Filing
------------- ------------------
Net Sales - -
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 - -
Gain/(Loss) On Sales Of Assets - -
Outside Dividend Income - -
Foreign Exchange Gain/(Loss) - -
Income/Loss From European Operations - -
Other Income/(Expense) - -
------ -----
Total Non-Operating Expenses - -
Income Before Income Taxes - -
Income Tax Expense - -
------ -----
Net Income - -
====== =====
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs August
(Allocation of Corporate Costs to Filing Entities)
(000's)
August
------
Officer Compensation $ 189
Salary Expense other Employees 949
Employee Benefits and Pension 111
Payroll Taxes 53
Other Taxes 9
Rent and Lease Expense 191
Interest Expense
Insurance 54
Automobile and Truck Expense 10
Utilities(Gas Electric,Phone) 42
Depreciation 87
Travel and Entertainment 99
Repairs and Maintenance 36
Advertising/Promotion 5
Supplies, Office Expense 22
OTHER:
Contributions 0
Professional Fees - Audit/Tax 350
Bank Fees 23
Public Reporting Fees (80)
Employee Relocation/Training 1
Data Processing 15
Dues and Subscriptions 12
Outside Services 156
Project Development Costs net of Billings 21
Director Fees 25
Miscellaneous 2
Legal Fees 0
Cost Allocation - Europe (78)
Cost Allocation - Out (186)
------
$2,118
======
Allocation:
Wagner Castings 191
Northern Castings 51
Ironton Iron 0
Lynchburg Foundry 193
Columbus Foundry 313
Wagner Havana 0
Intermet U.S. Holdings 261
Cast-Matic Corp. 82
Diversified Diemakers 257
Ganton Technologies 168
Tool Products 137
Corporate 465
------
Total $2,118
======
Intermet Corp. and Subsidiaries
Balance Sheet as of 08-31-05
($000's)
CASE # 04-67604
---------------
INTERMET
ILLINOIS
--------------
Cash And Equivalents
Accounts Receivable
Short-Term Intercompany Receivables
Inventories
Other Current Assets -
--------------
TOTAL CURRENT ASSETS -
Land and Buildings -
Machinery & Equipment 163
Construction In Progress (163)
--------------
Total Fixed Assets -
Accumulated Depreciation -
--------------
NET FIXED ASSETS -
Investment In Subsidiaries -
Investment In European Operations -
Long-Term Intercompany Receivables -
Deferred Taxes, Long-Term Asset
Other Assets -
--------------
TOTAL ASSETS $ -
==============
LIABILITIES AND SHAREHOLDER EQUITY
POST PETITION LIABILITIES
Accounts Payable
Wages and Salaries (See schedule)
Taxes Payable - (See schedule)
--------------
TOTAL POST PETITION LIABILITIES -
SECURED LIABILITIES:
SECURED DEBT -
PRE-PETITION LIABILITIES:
Taxes and Other Priority Liabilities:
Accrued Income Taxes -
Accrued Tax - State -
Accrued Property Taxes -
Accrued Workers Comp. -
Accrued Payroll -
Accrued Payroll Taxes -
--------------
TOTAL TAXES AND OTHER PRIORITY LIABILITIES -
UNSECURED LIABILITIES
Accounts Payable -
Senior & IDR Bonds -
--------------
TOTAL UNSECURED LIABILITIES -
OTHER LIABILITIES
Accrued Liabilities -
Short-Term Intercompany Payables -
Retirement Benefits
Deferred Taxes - Long-Term Liability
Other Long-Term Liabilities
Long-Term Intercompany Payables 100
Minority Interest
--------------
TOTAL LIABILITIES 100
Common Stock -
Capital In Excess Of Par Value -
Retained Earnings - Prepetition (100)
Retained Earnings - Post Petition 0
Equity In European Operations
Accumulated Translation Adjustment -
Minimum Pension Liability Adjustment
Unearned Restricted Stock
--------------
TOTAL SHAREHOLDER EQUITY (100)
--------------
TOTAL LIABILITIES AND EQUITY $ -
==============
PERIOD ENDED: 08-31-05 INTERMET ILLINOIS CASE #04-67604
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued/ Payments/ as of
07/31/2005 Withheld Deposits 08/31/2005
---------- -------- --------- ----------
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 Petition) 0-30 Days 30-60 Days Over 60 Days
Accounts Payable $ 0 $ 0 $ 0
Accounts Receivable $ 0 $ 0 $ 0
MONTHLY CASH STATEMENT
Period Ending: AUGUST 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 N/A - COMPANY HAS NO BANK ACCOUNT
(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: SEPTEMBER 23, 2005 ______________________________
Debtor in Possession
Form 5
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: AUGUST 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: SEPTEMBER 23, 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
& 6/22/05-12/22/05
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 AUGUST 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: SEPTEMBER 23, 2005 /s/ Robert E. Belts
----------------------------------------
Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- --------------
Title Phone
MONTHLY CASH STATEMENT
Period Ending: AUGUST 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.
(C-D) IS 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: SEPTEMBER 23, 2005 _____________________________
Debtor in Possession
Form 5
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: AUGUST 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: SEPTEMBER 23, 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
& 6/22/05-12/22/05
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 AUGUST 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: SEPTEMBER 23, 2005 /s/ Robert E. Belts
----------------------------------------
Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- --------------
Title Phone
Intermet Corp. and Subsidiaries CASE #04-67598
Operating Statement INTERMET U.S.
For the Month Ended 8-31-05 HOLDING
($000's)
Current Month Total Since Filing
------------- ------------------
Net Sales 5,710 61,336
Cost of Goods Sold
Materials and Freight 2,605 22,669
Wages - Hourly 684 8,556
Wages-Salary 332 3,937
Employee Benefits and Pension 325 4,537
Repairs & Maintenance 257 3,540
Supplies 570 3,709
Utilities 514 5,697
Purchased Components/Services 136 2,311
Income(loss) from Pattern Sales - 754
Fixed Asset - (gain/loss) - (81)
MIS Expense 42 513
Travel & Entertainment 7 48
Other Variable Costs (203) 1,776
Depreciation & Amortization 452 5,617
Other Allocated Fixed Costs - 1
Other Fixed Costs 182 2,068
----- ------
Cost of Goods Sold 5,903 65,652
Gross Profit (193) (4,316)
Plant SG&A Expense 1 9
SG&A Expense - Allocation (Sched 1) 261 2,806
Other Operating Expenses - 514
----- ------
Total Operating Expenses 262 3,329
Operating Profit (455) (7,645)
Outside Interest Income - -
Outside Interest (Expense) - -
Intercompany Interest Income - -
Intercompany Interest (Expense) (115) (1,235)
Charges (From) Affiliates - -
Charges To Affiliates - -
Gain/(Loss) On Sales Of Assets 6 (745)
Outside Dividend Income - -
Foreign Exchange Gain/(Loss) - -
Income/Loss From European Operations - -
Other Income/(Expense) 1 32
----- ------
Total Non-Operating Expenses (108) (1,948)
Income Before Income Taxes (563) (9,593)
Income Tax Expense - 1
----- ------
Net Income (563) (9,594)
===== ======
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs August
(Allocation of Corporate Costs to Filing Entities)
(000's)
August
------
Officer Compensation $ 189
Salary Expense other Employees 949
Employee Benefits and Pension 111
Payroll Taxes 53
Other Taxes 9
Rent and Lease Expense 191
Interest Expense
Insurance 54
Automobile and Truck Expense 10
Utilities(Gas Electric,Phone) 42
Depreciation 87
Travel and Entertainment 99
Repairs and Maintenance 36
Advertising/Promotion 5
Supplies, Office Expense 22
OTHER:
Contributions 0
Professional Fees - Audit/Tax 350
Bank Fees 23
Public Reporting Fees (80)
Employee Relocation/Training 1
Data Processing 15
Dues and Subscriptions 12
Outside Services 156
Project Development Costs net of Billings 21
Director Fees 25
Miscellaneous 2
Legal Fees 0
Cost Allocation - Europe (78)
Cost Allocation - Out (186)
------
$2,118
======
Allocation:
Wagner Castings 191
Northern Castings 51
Ironton Iron 0
Lynchburg Foundry 193
Columbus Foundry 313
Wagner Havana 0
Intermet U.S. Holdings 261
Cast-Matic Corp. 82
Diversified Diemakers 257
Ganton Technologies 168
Tool Products 137
Corporate 465
------
Total $2,118
======
Intermet Corp. and Subsidiaries CASE #04-67598
Balance Sheet as of 08-31-05 INTERMET U.S.
($000's) HOLDING
Cash And Equivalents $ -
Accounts Receivable 8,519
Short-Term Intercompany Receivables 14
Inventories 6,755
Other Current Assets 312
--------------
TOTAL CURRENT ASSETS 15,600
Land and Buildings 29,945
Machinery & Equipment 59,580
Construction In Progress 1,148
--------------
Total Fixed Assets 90,673
Accumulated Depreciation (50,326)
--------------
NET FIXED ASSETS 40,347
Investment In Subsidiaries -
Investment In European Operations -
Long-Term Intercompany Receivables -
Deferred Taxes, Long-Term Asset -
Other Assets 1,142
--------------
TOTAL ASSETS $ 57,089
==============
LIABILITIES AND SHAREHOLDER EQUITY
POST PETITION LIABILITIES
Accounts Payable $ 649
Wages and Salaries (See schedule) 804
Taxes Payable - (See schedule) 595
--------------
TOTAL POST PETITION LIABILITIES 2,048
SECURED LIABILITIES:
SECURED DEBT -
PRE-PETITION LIABILITIES:
Taxes and Other Priority Liabilities:
Accrued Income Taxes -
Accrued Tax - State -
Accrued Property Taxes -
Accrued Workers Comp. 350
Accrued Payroll -
Accrued Payroll Taxes -
--------------
TOTAL TAXES AND OTHER PRIORITY LIABILITIES 350
UNSECURED LIABILITIES
Accounts Payable 7,955
Senior & IDR Bonds -
--------------
TOTAL UNSECURED LIABILITIES 7,955
OTHER LIABILITIES
Accrued Liabilities 1,731
Short-Term Intercompany Payables 4
Retirement Benefits -
Deferred Taxes - Long-Term Liability -
Other Long-Term Liabilities -
Long-Term Intercompany Payables 24,509
Minority Interest -
--------------
TOTAL LIABILITIES 36,597
Common Stock 5
Capital In Excess Of Par Value 54,495
Retained Earnings - Prepetition (24,414)
Retained Earnings - Post Petition (9,594)
Equity In European Operations -
Accumulated Translation Adjustment -
Minimum Pension Liability Adjustment -
Unearned Restricted Stock -
--------------
TOTAL SHAREHOLDER EQUITY 20,492
--------------
TOTAL LIABILITIES AND EQUITY $ 57,089
==============
PERIOD ENDED: 08-31-05 INTERMET U.S. HOLDING (COLUMBUS MACHINING) CASE #04-67598
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
7/31/2005 Withheld Deposits 8/31/2005
--------------------- ---------- ---------
Income tax withheld: Federal $ 1,827 ($ 913) $ 913 $ 1,827
Income tax withheld: State (859) (278) 278 (859)
Income tax withheld: Local 0 0 0 0
FICA Withheld 6,188 (424) 424 6,188
Employers FICA (123) (424) 515 (33)
Unemployment Tax: Federal (1,729) 0 0 (1,729)
Unemployment Tax: State (12,388) 0 0 (12,388)
All Other Payroll W/H 0 0 0 0
State Taxes: Inc./Sales/Use/Excise 0 (500) 0 (500)
Property Taxes (177,963) 20,646 65,610 (91,707)
Workers Compensation 27,828 (89,602) 1,312 (60,462)
--------- --------- ---------- ---------
Total ($157,219) ($ 71,494) $ 69,051 ($159,662)
Wages and Salaries 1,393 (3,747) 3,747 1,393
--------- --------- ---------- ---------
Grand Total ($155,826) ($ 75,241) $ 72,798 ($158,270)
========= ========= ========== =========
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 $ 0 $ 0 $ 0 $ 0
Accounts Receivable $8,030 ($ 149) $ 537 $ 7,642
PERIOD ENDED: 08-31-05 INTERMET U.S. HOLDING CORP. (NEW RIVER) CASE #04-67598
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
7/31/2005 Withheld Deposits 8/31/2005
-------------------------- ----------- -----------
Income tax withheld: Federal $ 0 ($ 117,219) $ 117,219 $ 0
Income tax withheld: State 0 (43,154) 43,154 0
Income tax withheld: Local 0 0 0 0
FICA Withheld 0 (72,379) 72,379 0
Employers FICA (17,642) (77,159) 72,326 (22,475)
Unemployment Tax: Federal (54,060) 50,276 0 (3,784)
Unemployment Tax: State (30,534) 15,890 0 (14,644)
All Other Payroll W/H (6,930) (39,846) 44,164 (2,611)
State Taxes: Inc./Sales/Use/Excise (15,000) (6,946) 6,946 (15,000)
Property Taxes (165,000) (30,950) 950 (195,000)
Workers Compensation (168,513) (19,894) 6,355 (182,051)
----------- ------------ ----------- -----------
Total ($ 457,678) ($ 341,381) $ 363,494 ($ 435,565)
Wages and Salaries (723,165) (1,036,883) 954,766 (805,282)
----------- ------------ ----------- -----------
Grand Total ($1,180,843) ($ 1,378,264) $ 1,318,261 ($1,240,846)
=========== ============ =========== ===========
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 $ 648,949 $ 638,445 $ 10,504 $ 0
Accounts Receivable $8,817,177 $5,592,562 $2,491,694 $ 732,921
INTERMET CORPORATION AND SUBSIDIARIES MONTHLY CASH STATEMENT
Cash Activity Analysis:
Month Ended 8/31/2005
Case # 04-67598
INTERMET U.S. HOLDING (COLUMBUS MACHINING)
ACCOUNT TYPE PR (SALARY)
ACCOUNT # 2770716633
BANK Stan. Fed.
BEGINNING BANK BALANCE -
RECEIPTS -
TRANSFERS IN (CORPORATE) 5,785
DISBURSEMENTS -
TRANSFERS OUT (CORPORATE) (5,785)
-------
ENDING BANK BALANCE -
MATERIALS & OTHER DISBURSEMENTS PAID FOR BY CORPORATE -
PAYROLL DISBURSED (INCLUDES PAYROLL PAID BY CORPORATE) 6,113
CORPORATE DEBIT MEMOS 70,491
-------
TOTAL DISBURSEMENTS (SEE TOTAL DISBURSEMENTS RECONCILIATION) $76,604
=======
Columbus Machining's payroll is consolidated with the Corporate payroll due to
immateriality. Columbus Machining's disbursements are paid and allocated by
Corporate.
INTERMET U.S. HOLDING, INC. (COLUMBUS MACHINING) CASE NO. 04-67598
CASH DISBURSEMENTS
AUGUST 2005
VENDOR TOTAL DISBURSEMENTS
- -------------------------------------------------- -------------------
HAGEMEYER $ 4,276.66
RIVER MILL 193.20
TAX COMMISSIONER 65,609.92
VERIZON WIRELESS 145.10
WASTE MANAGEMENT 265.87
COLUMBUS MACHINING PAYROLL (INCLUDES DISB BY CORP) 6,112.84
-------------------
$ 76,603.59
INTERMET CORPORATION AND SUBSIDIARIES
CASH ACTIVITY ANALYSIS: MONTHLY CASH STATEMENT
MONTH ENDED 8/31/2005
CASE # 04-67598
INTERMET U.S. HOLDING (NEW RIVER)
--------------------------------------------------------
ACCOUNT TYPE DEPOSIT AP PR (HOURLY) PR (SALARY)
ACCOUNT # 5401086417 2770716476 2770716468 2770716641
BANK STAN. FED. STAN. FED. STAN. FED. STAN. FED.
BEGINNING BANK BALANCE - - - -
RECEIPTS 1,889,355 - 0 -
TRANSFERS IN (CORPORATE) - 1,889,262 778,180 303,225
DISBURSEMENTS - (1,889,262) (778,180) (303,225)
TRANSFERS OUT (CORPORATE) (1,889,355) - - -
---------- ----------- ---------- ---------
ENDING BANK BALANCE - - (0.00) -
MATERIALS & OTHER DISBURSEMENTS PAID FOR BY CORPORATE 1,671,687
CHECKS ISSUED 1,660,698
PAYROLL DISBURSED (INCLUDES PAYROLL PAID BY CORPORATE) 1,030,882
CORPORATE DEBIT MEMOS 16,698
-----------
TOTAL DISBURSEMENTS (SEE TOTAL DISBURSEMENTS RECONCILIATION) $ 4,379,965
===========
OUTSTANDING CHECKS AS OF JULY 31 363,822
VOIDED CHECKS OUTSTANDING AS OF JULY 31 (20)
CHECKS ISSUED DURING AUGUST 1,660,698
CHECKS CLEARED DURING AUGUST (1,889,262)
-----------
OUTSTANDING CHECKS AS OF AUGUST 31 (SEE OUTSTANDING CHECKLIST) $ 135,238
===========
INTERMET U.S. HOLDING, INC. (NEW RIVER) CASE NO. 04-67598
CASH DISBURSEMENTS
AUGUST 2005
VENDOR TOTAL DISBURSEMENTS
- ----------------------------------------- -------------------
ACE INSURANCE $ 6,355.40
ADVANCED CARBIDE TOOL 7,467.10
AEGIS ENVIRONMENTAL INC 11,167.54
AETNA US HEALTH CARE 4,267.68
AICPA 180.00
AIR PRODUCTS & CHEMICAL 5,457.22
ALLIED MINERAL PRODUCTS 6,898.80
APPLIED INDUST. TECH 913.65
AQUIS COMMUNICATIONS, INC 445.63
ARAMARK UNIFORM SERVICE 498.64
AT&T 2,936.78
ATLANTIC COAST TOYOTALIFT 6,568.67
ATMOS ENERGY 1,512.17
ATMOS ENERGY MARKETING 24,517.98
BEDFORD GEN DIST COURT 191.79
BEST ONE TIRE 2,299.00
BOB'S REFUSE SERVICE IN 663.98
BRIAN HIGGINBOTHAM 600.00
BRUMETT, MARTIN 1,628.53
C.A.PICARD 2,175.00
CANON FINANCIAL 534.34
CAROLINA FIREBRICK SPEC 8,768.75
CARTER MACHINERY 11,776.00
CC METALS AND ALLOYS IN 21,299.53
CENTRAL VALLEY RUBBER S 13,576.16
CHAMPION CHISEL WORKS, 3,087.48
CHICAGO FREIGHT CAR LEA 4,580.42
CITY OF RADFORD 4,929.16
CITY OF RADFORD 415,359.23
COMFORT INN RADFORD 475.71
COMPUWARE 264.00
CRANE AMERICA SERVICES 800.00
DARRELL REED SIGNS 122.00
DETEK INC. 5,740.00
DISA GOFF, INC 15,372.45
DISA INDUSTRIES, INC 2,945.00
DONNIE'S GARAGE 20.00
DUBOIS FINISHING TECHNOLOGIES 3,233.59
EASTERN TECHNICAL ASSOC 450.00
EMI EQUIPMENT MERCHANTS 11.05
ENTERPRISE 610.41
ENVIRONMENTAL RESOURCE CENTER 998.00
FAIRLAWN STORAGE 112.00
FETTER FINISHING 53,799.60
FIRE EQUIPMENT CO.INC. 652.00
FLINT, JEREMY 46.88
FOSECO INC. 7,727.52
GENERAL KINEMATICS 978.00
GREAT LAKES PRODUCTION SUPPORT 27,555.38
HA INTERNATIONAL, LLC 52,864.08
HAMLEY, JEFF 39.37
HARRIS RENTALS 65.00
HART METALS, INC. 37,400.00
HEAT TREATING SERVICES 50,981.11
HEATH OIL LLC 2,827.26
HERAEUS ELECTRO NITE CO 586.80
HICKMAN, WILLIAMS AND CO 7.50
HILL AND GRIFFITH CO. 118,895.70
HOWARD BROWN 174.15
HOWELL, DOUG 98.45
INDUCTOTHERM CORP. 17,439.12
INDUSTRIAL MOTION CONTROL,LLC 7,000.00
INDUSTRIAL POWDER COATI 551.00
INDUSTRIAL SUPPLY CORP 229,520.92
INTERNATIONAL SURFACE P 4,244.49
KUNCE, JUSTIN 2,902.54
KWIK KAFE CO 203.50
L. H. CORP 252.00
INTERMET U.S. HOLDING, INC. (NEW RIVER) CASE NO. 04-67598
CASH DISBURSEMENTS
AUGUST 2005
VENDOR TOTAL DISBURSEMENTS
- ----------------------------------------- -------------------
LABORATORY CORP OF AMER 663.50
LECTROTHERM 1,950.00
LINA. 74.00
LLOYD ELECTRIC CO.INC. 5,322.11
MARJO PLASTICS CO INC 245.00
MASA CORPORATION 89.25
MCC 10,184.63
MCCOMBS, BRENT 1,219.63
MERCER 2,592.00
MERCER 1,872.00
METEC INC 13,500.00
MILLER AND COMPANY LLC 158,769.85
MITCHELL, KEVIN L. 392.31
MOODY,DWAYNE 40.72
MOUNTAIN SPRINGS 265.00
MYOPTICS EYEWEAR 1,264.00
NATIONAL MATERIAL TRADING 122,359.66
NEW RIVER PAYROLL (INCLUDES DISB BY CORP) 1,030,881.75
NEW RIVER RECYCLING 16,924.99
NEW RIVER SOLID WASTE M 40,941.70
NEXTIRA 1,342.01
NORFOLK SOUTHERN (GA) 70,000.00
OLVER, INC. 826.25
OMNISOURCE CORPORATION 1,110,884.72
PATTERN SERVICES 1,087.50
PATTERN TECHNOLOGIES 317,900.00
PEARSON, MURRAY 642.64
PIEDMONT FOUNDRY SUPPLY 1,397.70
PORTER WARNER INDUSTRIE 1,656.00
PROCHEM ANALYTICAL INCO 2,890.00
PROVIDENT LIFE 74.75
PROVIDENT LIFE 2,168.36
PULASKI GENERAL DIST CO 119.57
PYNN, DAVID 678.55
QUASAR INTERNATIONAL 226.13
RADFORD CITY FLORIST 221.35
RADFORD COMBINED COURT 361.81
RADFORD STORAGE 160.00
REDDY ICE-CASSCO 708.00
REFCO INC 6,120.00
RITENOUR, GINNY 16.30
ROADWAY EXPRESS, INC. 215.57
ROANOKE TIMES&WORLD NEWS 332.60
SAFETY & COMPLIANCE 400.00
SAFETY & COMPLIANCE SERVICE 800.00
SAF-GARD SAFETY SHOE CO 874.91
SAVEITNOW 567.07
SECURITY FORCES INC 8,343.17
SECURITY SCALE SERVICE 5,338.31
STAR PRINT 464.65
THOMPSON CHRYSLER-PLYMO 449.60
THOMPSON TIRE 469.30
THOMPSON,THERESA 103.22
TMS-THE MODAL SHOP INC 42,655.83
TOMLIN, LINDA 786.75
TRANSMAN (FREIGHT) 62,522.74
TWO WAY RADIO INC 335.03
UNITED INDUSTRIAL SERVI 24,765.19
UNITED REFRACTORIES COM 8,856.00
UNITED WAY SAL 180.00
VA. DEPT OF TAXATION 6,821.15
VADEN ROSS 80.00
VALLEY LANDSCAPING 195.00
VERIZON (17577) 4,474.16
VSCPA 570.00
W. MATTHEW SKEWES, MD 2,640.00
WEDRON SILICA-FAIRMOUNT 37,114.00
WHEELABRATOR ABRASIVES 21,384.00
WILLIAM A. KIBBE & ASSO 210.00
X-RITE INC. 360.00
-------------------
$ 4,379,965.20
INTERMET U.S. HOLDING, INC.
CASE NO. 04-67598
AT 8/31/05
NEW RIVER - BANK RECONCILIATION
Bank Balance $ -
Outstanding AP Checks 135,238.23
Unadjusted GL Balance 135,238.23
-----------------
Difference $ -
=================
NEW RIVER
OUTSTANDING CHECKS
CASE NO. 04-67598
7/29/05 106501 33,250.00
8/5/05 106549 16.30
8/31/05 106637 551.00
8/19/05 106706 7,532.03
8/19/05 106724 13.50
8/26/05 106748 180.00
8/26/05 106751 600.00
8/26/05 106760 13,112.70
8/26/05 106767 245.00
8/26/05 106770 392.31
8/26/05 106771 732.50
8/26/05 106773 119.57
8/26/05 106779 62.72
8/26/05 106782 8,856.00
8/26/05 106785 69,574.60
135,238.23
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: AUGUST 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: 04-67598 _____ 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: SEPTEMBER 23, 2005 ________________________________________
Principal, Officer, Director, or Insider
Form 6
Intermet U.S. Holding, Inc.
Case Number: 04-67598
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
& 6/22/05-12/22/05
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 AUGUST 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: SEPTEMBER 23, 2005 /s/ Robert E. Belts
--------------------------------------------
Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- ------------------
Title Phone
Intermet Corp. and Subsidiaries CASE #04-67603
Operating Statement IRONTON
For the Month Ended 8-31-05 IRON
($000's)
Current Month Total Since Filing
------------- ------------------
Net Sales - -
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 5 578
------------- ------------------
Total Operating Expenses 5 575
Operating Profit (5) (538)
Outside Interest Income - -
Outside Interest (Expense) - -
Intercompany Interest Income - -
Intercompany Interest (Expense) - -
Charges (From) Affiliates - -
Charges To Affiliates - -
Gain/(Loss) On Sales Of Assets - -
Outside Dividend Income - -
Foreign Exchange Gain/(Loss) - -
Income/Loss From European Operations - -
Other Income/(Expense) - -
------------- ------------------
Total Non-Operating Expenses - -
Income Before Income Taxes (5) (538)
Income Tax Expense - -
------------- ------------------
Net Income (5) (538)
============= ==================
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs August
(Allocation of Corporate Costs to Filing Entities)
(000's)
August
-----------
Officer Compensation $ 189
Salary Expense other Employees 949
Employee Benefits and Pension 111
Payroll Taxes 53
Other Taxes 9
Rent and Lease Expense 191
Interest Expense
Insurance 54
Automobile and Truck Expense 10
Utilities(Gas Electric,Phone) 42
Depreciation 87
Travel and Entertainment 99
Repairs and Maintenance 36
Advertising/Promotion 5
Supplies, Office Expense 22
OTHER:
Contributions 0
Professional Fees - Audit/Tax 350
Bank Fees 23
Public Reporting Fees (80)
Employee Relocation/Training 1
Data Processing 15
Dues and Subscriptions 12
Outside Services 156
Project Development Costs net of Billings 21
Director Fees 25
Miscellaneous 2
Legal Fees 0
Cost Allocation - Europe (78)
Cost Allocation - Out (186)
-----------
$ 2,118
===========
Allocation:
Wagner Castings 191
Northern Castings 51
Ironton Iron 0
Lynchburg Foundry 193
Columbus Foundry 313
Wagner Havana 0
Intermet U.S. Holdings 261
Cast-Matic Corp. 82
Diversified Diemakers 257
Ganton Technologies 168
Tool Products 137
Corporate 465
-------
Total $ 2,118
=======
Intermet Corp. and Subsidiaries CASE #04-67603
Balance Sheet as of 08-31-05
($000's)
IRONTON
IRON
--------
Cash And Equivalents
Accounts Receivable
Short-Term Intercompany Receivables
Inventories
Other Current Assets -
--------
TOTAL CURRENT ASSETS -
Land and Buildings -
Machinery & Equipment
Construction In Progress
--------
Total Fixed Assets -
Accumulated Depreciation
--------
NET FIXED ASSETS -
Investment In Subsidiaries
Investment In European Operations -
Long-Term Intercompany Receivables
Deferred Taxes, Long-Term Asset -
Other Assets
--------
TOTAL ASSETS $ -
========
LIABILITIES AND SHAREHOLDER EQUITY
POST PETITION LIABILITIES
Accounts Payable $ -
Wages and Salaries (See schedule) -
Taxes Payable - (See schedule) -
--------
TOTAL POST PETITION LIABILITIES -
SECURED LIABILITIES:
Secured debt -
PRE-PETITION LIABILITIES:
Taxes and Other Priority Liabilities:
Accrued Income Taxes -
Accrued Tax - State -
Accrued Property Taxes -
Accrued Workers Comp 809
Accrued Payroll -
Accrued Payroll Taxes -
--------
TOTAL TAXES AND OTHER PRIORITY LIABILITIES 809
Unsecured liabilities
Accounts Payable -
Senior & IDR Bonds -
--------
TOTAL UNSECURED LIABILITIES -
OTHER LIABILITIES
Accrued Liabilities 137
Short-Term Intercompany Payables -
Retirement Benefits -
Deferred Taxes - Long-Term Liability -
Other Long-Term Liabilities -
Long-Term Intercompany Payables 33,277
Minority Interest -
--------
TOTAL LIABILITIES 34,223
Common Stock -
Capital In Excess Of Par Value 49,000
Retained Earnings - Prepetition (82,685)
Retained Earnings - Post Petition (538)
Equity In European Operations
Accumulated Translation Adjustment -
Minimum Pension Liability Adjustment -
Unearned Restricted Stock -
--------
TOTAL SHAREHOLDER EQUITY (34,223)
--------
TOTAL LIABILITIES AND EQUITY $ -
========
PERIOD ENDED: 08-31-05 IRONTON IRON, INC. CASE #04-67603
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
07/31/2005 Withheld Deposits 08/31/2005
---------- --------- ---------- ----------
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: AUGUST 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 N/A - COMPANY HAS NO BANK ACCOUNT
(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: SEPTEMBER 23, 2005 _________________________________
Debtor in Possession
Form 5
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: AUGUST 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: SEPTEMBER 23, 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
&6/22/05-12/22/05
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 AUGUST 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: SEPTEMBER 23, 2005 /s/ Robert E. Belts
----------------------------
Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- --------------
Title Phone
Intermet Corp. and Subsidiaries
Operating Statement CASE #04-67606
For the month Ended 8-31-05 LYNCHBURG
($000's) FOUNDRY
Current Month Total Since Filing
------------- ------------------
Net Sales 8,790 87,503
Cost of Goods Sold
Materials and Freight 4,044 38,784
Wages - Hourly 1,557 14,048
Wages-Salary 332 3,638
Employee Benefits and Pension 749 9,207
Repairs & Maintenance 410 5,088
Supplies 697 6,539
Utilities 251 3,251
Purchased Components/Services 238 2,489
Income(loss) from Pattern Sales (14) (71)
Fixed Asset - (gain/loss) - (40)
MIS Expense 42 425
Travel & Entertainment 1 15
Other Variable Costs (38) 3,817
Depreciation & Amortization 218 2,396
Other Allocated Fixed Costs - (2)
Other Fixed Costs 73 1,295
----- ------
Cost of Goods Sold 8,560 90,879
Gross Profit 230 (3,376)
Plant SG&A Expense 1 1
SG&A Expense - Allocation (Sched 1) 193 2,081
Other Operating Expenses - 270
----- ------
Total Operating Expenses 194 2,352
Operating Profit 36 (5,728)
Outside Interest Income - -
Outside Interest (Expense) - -
Intercompany Interest Income - -
Intercompany Interest (Expense) (165) (992)
Charges (From) Affiliates - -
Charges To Affiliates - -
Gain/(Loss) On Sales Of Assets - 3
Outside Dividend Income - -
Foreign Exchange Gain/(Loss) - -
Income/Loss From European Operations - -
Other Income/(Expense) 2 17
----- ------
Total Non-Operating Expenses (163) (972)
Income Before Income Taxes (127) (6,700)
Income Tax Expense - -
----- ------
Net Income (127) (6,700)
===== ======
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs August
(Allocation of Corporate Costs to Filing Entities)
(000's)
August
------
Officer Compensation $ 189
Salary Expense other Employees 949
Employee Benefits and Pension 111
Payroll Taxes 53
Other Taxes 9
Rent and Lease Expense 191
Interest Expense
Insurance 54
Automobile and Truck Expense 10
Utilities(Gas Electric,Phone) 42
Depreciation 87
Travel and Entertainment 99
Repairs and Maintenance 36
Advertising/Promotion 5
Supplies, Office Expense 22
OTHER:
Contributions 0
Professional Fees - Audit/Tax 350
Bank Fees 23
Public Reporting Fees (80)
Employee Relocation/Training 1
Data Processing 15
Dues and Subscriptions 12
Outside Services 156
Project Development Costs net of Billings 21
Director Fees 25
Miscellaneous 2
Legal Fees 0
Cost Allocation - Europe (78)
Cost Allocation - Out (186)
------
$2,118
======
Allocation:
Wagner Castings 191
Northern Castings 51
Ironton Iron 0
Lynchburg Foundry 193
Columbus Foundry 313
Wagner Havana 0
Intermet U.S. Holdings 261
Cast-Matic Corp. 82
Diversified Diemakers 257
Ganton Technologies 168
Tool Products 137
Corporate 465
------
Total $2,118
======
Intermet Corp. and Subsidiaries
Balance Sheet as of 08-31-05 CASE #04-67606
($000's)
LYNCHBURG
FOUNDRY
--------------
Cash And Equivalents $ -
Accounts Receivable 12,405
Short-Term Intercompany Receivables 5
Inventories 4,504
Other Current Assets 496
--------
TOTAL CURRENT ASSETS 17,410
Land and Buildings 19,915
Machinery & Equipment 53,742
Construction In Progress 246
--------
Total Fixed Assets 73,903
Accumulated Depreciation (60,194)
--------
NET FIXED ASSETS 13,709
Investment In Subsidiaries -
Investment In European Operations -
Long-Term Intercompany Receivables 630
Deferred Taxes, Long-Term Asset -
Other Assets 413
--------
TOTAL ASSETS $ 32,162
========
LIABILITIES AND SHAREHOLDER EQUITY
POST PETITION LIABILITIES
Accounts Payable $ 734
Wages and Salaries (See schedule) 665
Taxes Payable - (See schedule) 313
--------
TOTAL POST PETITION LIABILITIES 1,712
SECURED LIABILITIES:
SECURED DEBT -
PRE-PETITION LIABILITIES:
Taxes and Other Priority Liabilities:
Accrued Income Taxes -
Accrued Tax - State -
Accrued Property Taxes -
Accrued Workers Comp. 1,969
Accrued Payroll -
Accrued Payroll Taxes -
--------
TOTAL TAXES AND OTHER PRIORITY LIABILITIES 1,969
UNSECURED LIABILITIES
Accounts Payable 7,731
Senior & IDR Bonds -
--------
TOTAL UNSECURED LIABILITIES 7,731
OTHER LIABILITIES
Accrued Liabilities 2,374
Short-Term Intercompany Payables 8
Retirement Benefits 1,644
Deferred Taxes - Long-Term Liability -
Other Long-Term Liabilities 1,983
Long-Term Intercompany Payables 3,030
Minority Interest -
--------
TOTAL LIABILITIES 20,451
Common Stock -
Capital In Excess Of Par Value -
Retained Earnings - Prepetition 18,411
Retained Earnings - Post Petition (6,700)
Equity In European Operations -
Accumulated Translation Adjustment -
Minimum Pension Liability Adjustment -
Unearned Restricted Stock -
--------
TOTAL SHAREHOLDER EQUITY 11,711
--------
TOTAL LIABILITIES AND EQUITY $ 32,162
========
PERIOD ENDED: 08-31-05 LYNCHBURG FOUNDRY (ARCHER CREEK) CASE #04-67606
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
07/31/05 Withheld Deposits 08/31/05
--------- ----------- ---------- ---------
Income tax withheld: Federal $ 0 $ (222,824) $ 222,824 $ 0
Income tax withheld: State 0 (81,565) 81,565 0
Income tax withheld: Local 0 0 0 0
FICA Withheld 0 (130,697) 130,697 0
Employers FICA (22,779) (148,917) 131,451 (40,246)
Unemployment Tax: Federal (3,904) (234) 1,298 (2,840)
Unemployment Tax: State (17,720) (2,037) 18,491 (1,266)
All Other Payroll W/H (30,595) (86,516) 114,441 (2,671)
State Taxes: Inc./Sales/Use/Excise (50,350) 0 1,167 (49,183)
Property Taxes (172,068) (25,262) 451 (196,880)
Workers Compensation 7,216 (31,750) 51,794 27,260
--------- ----------- ---------- ---------
Total $(290,201) $ (729,802) $ 754,178 $(265,825)
Wages and Salaries (378,500) (1,997,399) 1,710,961 (664,938)
--------- ----------- ---------- ---------
Grand Total $(668,701) $(2,727,202) $2,465,140 $(930,763)
========= ============ ========== =========
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 $ 733,785 $ 733,785 $ 0 $ 0
Accounts Receivable $12,763,300 $12,295,982 $107,743 $359,575
PERIOD ENDED: 08-31-05 LYNCHBURG FOUNDRY (RADFORD) CASE #04-67606
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
7/31/2005 Withheld Deposits 8/31/2005
---------- --------- ---------- ---------
Income tax withheld: Federal $ 0 $(1,165) $1,165 $ 0
Income tax withheld: State 0 (514) 514 0
Income tax withheld: Local 0 0 0 0
FICA Withheld 0 (822) 822 0
Employers FICA 0 (822) 822 0
Unemployment Tax: Federal 0 0 0 0
Unemployment Tax: State 0 0 0 0
All Other Payroll W/H 0 (295) 295 0
State Taxes: Inc./Sales/Use/Excise 0 0 0 0
Property Taxes (46,578) 0 0 (46,578)
Workers Compensation 0 0 0 0
-------- ------- ------ --------
Total $(46,578) $(3,619) $3,619 $(46,578)
Wages and Salaries 0 0 0 0
-------- ------- ------ --------
Grand Total $(46,578) $(3,619) $3,619 $(46,578)
======== ======= ====== ========
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 $0 $0 $0 $0
Accounts Receivable $0 $0 $0 $0
INTERMET CORPORATION AND SUBSIDIARIES MONTHLY CASH STATEMENT
CASH ACTIVITY ANALYSIS: CASE # 04-67606
Month Ended 8/31/2005 ARCHER CREEK
Account Type DEPOSIT AP PR (HOURLY) PR (SALARY)
Account # 5401086466 2770716393 2770716385 2770716690
BANK Stan. Fed. Stan. Fed. Stan. Fed. Stan. Fed.
BEGINNING BANK BALANCE - - - -
RECEIPTS 3,693,063 - - -
TRANSFERS IN (CORPORATE) - 2,261,254 1,760,563 312,313
DISBURSEMENTS - (2,261,254) (1,760,563) (312,313)
TRANSFERS OUT (CORPORATE) (3,693,063) - - -
---------- ----------- ---------- --------
ENDING BANK BALANCE - - - -
MATERIALS & OTHER DISBURSEMENTS PAID FOR BY CORPORATE 2,884,894
CHECKS ISSUED 1,943,963
PAYROLL DISBURSED (INCLUDES PAYROLL PAID BY CORPORATE) 1,880,481
CORPORATE DEBIT MEMOS 42,484
-----------
TOTAL DISBURSEMENTS (SEE TOTAL DISBURSEMENTS RECONCILIATION) $ 6,751,821
===========
OUTSTANDING CHECKS AS OF JULY 31 553,969
VOIDED CHECKS OUTSTANDING AS OF JULY 31 (6,020)
CHECKS ISSUED DURING AUGUST 1,943,963
CHECKS CLEARED DURING AUGUST (2,261,254)
-----------
OUTSTANDING CHECKS AS OF AUGUST 31 (SEE OUTSTANDING CHECKLIST) $ 230,658
===========
LYNCHBURG FOUNDRY, INC. (ARCHER CREEK) CASE NO. 04-67606
CASH DISBURSEMENTS
AUGUST 2005
Vendor Total Disbursements
- -------------------------------------------- -------------------
AC CONTROLS CO $ 909.94
ACE INSURANCE 20,573.72
ACHS ATHLETIC BOOSTER CLUB 240.00
ACTION MACHINERY 1,897.13
ADVANCED CARBIDE TOOL 7,358.45
ADVANCED CONTROL PRODUCTS 55.38
AEA TECHNOLOGY 240.50
AETNA U.S. HEALTHCARE 14,902.88
AFP INDUSTRIES 202.44
AG JEFFERSON 1,494.00
AGFA NDT, INC 545.77
AIR PRODUCTS AND CHEMICALS 1,923.56
AIRGAS MID-AMERICA 2,092.01
ALABAMA BY-PRODUCTS 688,623.82
ALLIED WASTE SERVICES #974 48,760.70
ALLOR MFG 12,062.25
ALLTEL 291.23
ALPHA OMEGA RESOURCES 2,318.40
ALTA SHOE SHOP INC 830.50
AMERICAN HEART ASSOCIATION 500.00
AMERIGAS - LYNCHBURG-MONROE 10,872.00
AMX PERFORMANCE CO 755.00
APPALACHIAN POWER CO 180,435.70
APPLIED IND. TECHNOLOGIES 21,449.72
APPOMATTOX GLASS & STOREFRONT 153.81
ARAMARK UNIFORM SERVICES 2,976.34
ARCET EQUIPMENT 2,182.28
ARCHER CREEK PAYROLL (INCLUDES DISB BY CORP) 1,880,480.78
ASC INDUSTRIES 1,375.87
AT&T 100.41
AT&T 141.56
ATLANTIC COAST TOYOTALIFT 18,434.50
ATL-EAST TAG & LABEL 246.66
ATMOSPHERE ANNEALING 2,150.59
AUTOCOM MANUFACTURING 226,380.00
BANKS COMPANY 4,523.93
BARKER-JENNINGS 8,539.07
BCI 50.00
BMG METALS 4,238.69
BOND, CYNTHIA GALLIER 369.52
BOULEVARD PROPERTIES 821.25
BRAMMER SAFETY SUPPLY 12,016.60
BRC COMPANY 1,858.04
BRENNTAG SOUTHEAST 1,348.59
BROWN & SHARPE 484.00
BWI DISTRIBUTION, INC 1,340.00
C&C TOOL & SUPPLY 203.99
CAMPBELL COUNTY TREASURER 2,400.30
CAMPBELL-PAYNE 480.00
CANDLER OIL 37,193.95
CAPP, INC. 425.14
CARLTON SCALE 3,851.67
CAROLINA FLUID COMPONENTS 79.12
CARRIER VIBRATING 1,953.04
CARTER MACHINERY 322.32
CASA OF CENTRAL VIRGINIA 250.00
CC METALS & ALLOYS 150,258.03
CENTRA HEALTH 494.60
CENTRAL VA ORTHOPAEDICS, PC 335.21
CHAMPION CHISEL WORKS 1,522.05
CHARITY GAMES 38.22
CHEMALLOY COMPANY, INC 420.00
CHEMICALS & SOLVENTS 424.48
CHICAGO FREIGHT CAR LEASING 6,576.81
CLEMONS COURIER 50.00
COLE-PALMER INSTRUMENT 353.00
COLUMBIA GAS 3,706.69
COLUMBIA MARKING TOOLS 122.84
LYNCHBURG FOUNDRY, INC. (ARCHER CREEK) CASE NO. 04-67606
CASH DISBURSEMENTS
AUGUST 2005
VENDOR TOTAL DISBURSEMENTS
- ---------------------------------- -------------------
COMMERICAL STEEL ERECTION 92,632.00
COMPRESSOR ENGINEERING CORP 77.30
CONSUMERS/ DORIN-ADAMS 9,500.00
CONTROL CHIEF CORP 200.21
CONTROL EQUIPMENT CO 2,298.52
COUNTY OF AMHERST 525.14
CRAIG J. PETRY, MD 911.44
CROSS SALES & ENGINEERING 552.38
CSXT 22,929.00
CVS #3502 605.32
DETEK 1,170.00
DICK HARRIS & SON TRUCK 4,186.00
DIKE-O-SEAL 1,311.82
DILLEY, CHARLES 92.40
DM&E RAILROAD 48,389.97
DMV 69.00
DODSON BROS. EXTERMINATING 177.00
DODSON RECOGNITION, INC 3,401.86
DOMINION METALLURGICAL 242.41
DURA-BAR METAL SERVICES 6,376.75
EASTERN N D T INC 675.00
EASTERN SAFE & LOCK CO, INC. 246.05
EASTERN TECHNICAL ASSOCIATES 675.00
ECK SUPPLY 10,621.64
ECONOMY ENERGY, LLC 93,240.00
ELECOM INC 714.26
ELECTRIC MELTING 61,377.50
ELECTRONICS REPAIR CENTER 145.00
ELECTRO-NITE CO 514.84
ELKEM METALS 49,486.83
ELY CRANE AND HOIST 22,311.43
EMLEX CONSTRUCTION 29,600.00
ENGINEERING CHEMISTRY 1,545.00
ENTERPRISE 590.80
EQUIPMENT MERCHANTS, INTL 3,825.60
FAIRBROTHER & ASSOCIATES, INC. 323.93
FAMILY SUPPORT REGISTRY 585.12
FARMERS BANK OF APPOMATTOX 565.66
FEDERAL RESERVE 400.00
FEI LYNCHBURG #75 396.46
FERBEE-JOHNSON CO 11,295.54
FIRE & SAFETY EQUIPMENT 1,478.26
FOLEY MATERIAL HANDLING 59.65
FOSECO 58,874.76
FOSTER ELECTRIC CO 1,580.94
FREEMAN MFG & SUPPLY 200.71
G E SUPPLY 3,175.20
G.E. CAPITAL 7,228.00
GASTROENTEROLOGY ASSOCIATES 808.95
GENERAL KINEMATICS 13,505.51
GFE, INC. 970.97
GLOBE METALLURGICAL 197,029.20
GLOVER, GEORGE W., JR. 16.03
HAJOCA CORPORATION 3,224.57
HAMILTON AIR CONVEYORS CO, INC 336.49
HARBISON-WALKER REFRACTORIES 11,849.32
HAUCK MFG 1,241.26
HELEN P. PARRISH 207.00
HERAEUS ELECTRO-NITE CO 7,820.26
HERBERT L. BESKIN 7,438.25
HERB'S TOOL GRINDING & SALES 914.44
HERMITAGE AUTOMATION 193.24
HI TECH MACHINING, LLC 10,612.59
HILL AND GRIFFITH 40,006.95
HOMESTEAD MATERIALS HANDLING 4,277.65
HOPKINS, WILLIAM D 122.99
HUBBELL INDUSTRIAL CONTROLS 4,124.35
I.A.M. NATIONAL PENSION FUND 1,925.65
INDUSTRIAL CONTROLS 579.61
LYNCHBURG FOUNDRY, INC. (ARCHER CREEK) CASE NO. 04-67606
CASH DISBURSEMENTS
AUGUST 2005
VENDOR TOTAL DISBURSEMENTS
- ---------------------------------- -------------------
INDUSTRIAL SUPPLY CORP 19,416.91
INDUSTRIAL TOOL SERVICES 93.37
INTERNATIONAL ASSOC 360.00
J.F. DEACON GARAGE 355.07
JACKSON WANDA K 297.69
JAMES D. ENGLISH 11,663.06
JAMES RIVER EQUIPMENT 188.76
JAMES T. DAVIS 56.54
JDN LEASING 3,500.00
JEFFERSON GALLERIES 1,115.31
JEFFREY'S MANUFACTURING SOLUTIONS 868.18
JESUS BARAJAS CARLOS 12,881.36
JOBE& COMPANY 284.56
KEETER-DIXON-PEARRE 370.00
KENT RUDBECK 480.00
KINDT COLLINS CO 326.77
KING TESTER CORP 97.21
LAERDAL MEDICAL CORP. 194.66
LEWIS SYSTEMS INC. 9,436.43
LIFTONE 770.91
LINA 214.50
LITCHFORD'S GARAGE 1,491.14
LIVINGSTON AND HAVEN 40.53
LYNCHBURG REGIONAL JUVENILE DETENTION CENTER 750.00
MAGNETEK INDUSTRIAL CONTROLS 1,653.74
MARJO PLASTICS 3,766.72
MARTINDALE ELECTRIC COMPANY 86.61
MASTER GAGE & TOOL CO 1,900.00
MCBRIDE BLACKBURN OPTICIANS 184.50
MERCER 3,101.00
MERCER 9,837.00
MERCER 7,806.00
METALLO GASKET CO 699.27
METSO MINERALS IND 328.58
MIDCO INTERNATIONAL, INC 13,232.16
MOORE'S MACHINE CO 33,418.75
MOTION INDUSTRIES 557.02
NATIONAL AUTO PARTS 473.38
NEW PIG CORPORATION 496.09
NEWARK INONE 193.89
NORTH AMERICAN MFG CO 179.78
NRC 12,800.00
OMEGA ENGINEERING, INC 83.99
OMNISOURCE FT WAYNE 1,498,053.52
O-N MINERALS JAMES RIVER OPERATIONS 4,000.00
PALLETONE OF VA 10,194.96
PATCHELL, KENNETH R. 956.01
PEARSON EQUIPMENT 1,064.80
PIEDMONT FOUNDRY SUPPLY 120,985.60
PORTER WARNER IND 25,694.00
POTOMAC ENVIRONMENTAL 605.00
PRECISION HYDRAULICS CO 18,837.50
PROCHEM ANALYTICAL 990.00
PROFORMA 2,016.60
PROVIDENT LIFE 74.75
PROVIDENT LIFE & ACCIDENT 2,189.21
QSI, INC 800.58
R.I. LAMPUS 72,113.04
RAGE BULK SYSTEM LTD. 187.65
REBECCA B. CONNELLY 600.00
RED HILL GRINDING WHEEL 10,817.50
REI CONSULTANTS 6,230.05
RICHMOND SECURITY SERVICES 10,313.22
ROSE OFFICE SYSTEMS 122.95
RSC 1,857.50
SAF-GARD SAFETY SHOE 257.98
SALEM TOOLS 2,014.55
SCHAEFER BRUSH MFG 876.00
SERVICE FIRST 804.80
LYNCHBURG FOUNDRY, INC. (ARCHER CREEK) CASE NO. 04-67606
CASH DISBURSEMENTS
AUGUST 2005
VENDOR TOTAL DISBURSEMENTS
- ---------------------------------- -------------------
SERVICE PRINTING 48.00
SHANAFELT MFG 5,670.00
SMITH SERVICES 47,017.03
SOUTH 1,150.00
SOUTHERN AIR 690.00
SOUTHERN MAINTENANCE SUPPLY 2,756.54
SPECIAL K LANDSCAPING 6,750.00
SPECIALTY FOUNDRY PRODUCTS 11,427.67
STAHL, INC 19,900.00
STAHURA COMPANY 1,185.32
STERICYCLE INC 358.84
SUNBELT RENTALS 536.90
SUPERIOR GRAPHITE 12,504.38
SUPPLY CONNECTION 484.56
T K GROUP, INC 136.00
TENNANT COMPANY 449.10
THE MASA CORP 6,067.80
THOMPSON TRUCKING 54,793.86
TICE - ANDERSON, PATSY 518.37
TOMLIN, LINDA 436.41
TORRENCE PLUMBING 6,790.00
TRANSMAN 12,514.54
TREASURER OF VA 20,743.05
TUSCOLA SAGINAW BAY RAILWAY 56,606.98
U S ELECTRICAL TOOL 1,408.00
UMETCO INC 28,980.00
UNITED HYDRAULICS INC 9,684.81
UNITED WAY OF CENTRAL VA 1,952.73
VA CAROLINA BELTING 63,952.51
VA DEPT OF TAX 1,357.67
VA FLUID POWER 722.00
VALLEY FASTENERS 3,369.48
VALLEY FUEL INJECTION SERVICE 65.00
VBS 4,079.56
VERIZON 2,512.00
VIRGINIA CAROLINA CONTROLS 537.45
VIRGINIA GEOTECHNICAL SERVICES 280.60
VIRGINIA METAL SERVICE 809.64
VWR SCIENTIFIC 533.13
W.E.L. ENTERPRISES 17,974.13
WENDT DUNNINGTON 279.00
WESTERN VIRGINIA SERVICE, INC 1,300.00
WEXFORD SAND COMPANY 15,800.00
WHEELABRATOR 24,333.42
WHEELABRATOR ABRASIVES 42,768.00
WHITING CORPORATION 12,088.00
WILLIAMS, CLARENCE 2,830.08
WILLIAMSON & WILMER 207.33
WOOLDRIDG, ROBERT 100.00
WOOLDRIDGE HEATING & AIR 17,373.00
WYNDHURST FAMILY MEDICINE 350.00
XEROX CORPORATION 194.54
XPEDX 12,063.64
X-RITE 75.00
-------------------
$ 6,751,821.31
LYNCHBURG FOUNDRY
CASE NO. 04-67606
AT 8/31/05
ARCHER CREEK - BANK RECONCILIATION
Bank Balance $ -
Outstanding AP Checks 230,658.43
Outstanding PR Checks 140,372.57
Misc Reconciling Items Adjusted in September. (3,239.70)
------------
367,791.30
Unadjusted GL Balance 367,791.30
------------
Difference $ -
============
ARCHER CREEK
OUTSTANDING CHECKS
CASE NO. 04-67606
DATE CHECK OUTSTANDING
10/8/04 15418 28.35
10/8/04 15419 85.61
10/8/04 15421 28.35
10/11/04 15430 52.67
10/14/04 15447 42.76
10/15/04 15452 296.64
10/22/04 15555 48.50
4/12/05 19012 3,239.70
5/6/05 19619 442.36
6/30/05 21010 42.35
6/30/05 21011 478.00
6/30/05 21012 206.20
6/30/05 21013 1,912.00
7/5/05 21092 860.16
7/13/05 21276 51.52
7/22/05 21511 120.00
7/29/05 21713 850.00
8/5/05 21790 104.65
8/5/05 21825 750.00
8/9/05 21899 9.27
8/9/05 21900 178.00
8/9/05 21901 7.39
8/12/05 21990 494.60
8/12/05 22029 2,818.20
8/19/05 22157 50.00
8/19/05 22161 565.66
8/19/05 22195 24.25
8/19/05 22196 956.00
8/19/05 22197 984.27
8/19/05 22198 254.00
8/19/05 22199 287.00
8/19/05 22200 1,434.00
8/19/05 22201 940.15
8/19/05 22204 2,732.40
8/22/05 22206 201.60
8/22/05 22207 1,300.00
8/23/05 22225 536.90
8/23/05 22235 45.60
8/23/05 22236 15.82
8/23/05 22252 260.00
8/23/05 22253 1,150.00
8/23/05 22256 254.00
8/26/05 22270 357.90
8/26/05 22271 9,032.10
8/26/05 22282 95.82
8/26/05 22288 3,500.00
8/26/05 22290 496.09
8/26/05 22297 5,850.30
8/26/05 22298 122.95
8/26/05 22299 144.99
8/26/05 22301 133.20
8/26/05 22311 509.00
8/26/05 22314 295.36
8/26/05 22316 5,733.00
8/26/05 22322 335.21
8/26/05 22323 525.14
8/26/05 22325 146.28
8/26/05 22326 808.95
8/26/05 22327 16.03
8/26/05 22328 7,438.25
8/26/05 22331 600.00
8/26/05 22333 4,256.65
8/26/05 22334 1,774.98
8/26/05 22335 50.00
8/26/05 22339 588.73
8/26/05 22340 39.14
8/26/05 22341 194.52
8/26/05 22342 28.00
8/26/05 22349 375.00
8/26/05 22354 3,363.80
8/26/05 22355 176.35
8/26/05 22356 16.89
8/26/05 22358 2,977.16
8/26/05 22359 169.15
8/26/05 22360 10.00
8/26/05 22366 480.00
8/29/05 22368 3,603.00
8/29/05 22369 2,222.00
8/30/05 22375 936.11
8/30/05 22376 1,049.80
8/30/05 22377 525.00
8/30/05 22378 124.62
8/30/05 22379 411.00
8/30/05 22380 108.00
8/30/05 22381 14,035.05
8/30/05 22382 1,945.72
8/30/05 22383 532.69
8/30/05 22384 20,809.68
8/30/05 22385 940.00
8/30/05 22386 7,956.16
8/30/05 22387 165.00
8/30/05 22388 1,120.00
8/30/05 22389 552.00
8/30/05 22390 207.00
8/30/05 22391 214.50
8/30/05 22392 2,189.21
8/30/05 22393 280.68
8/30/05 22394 436.41
8/30/05 22395 177.75
8/30/05 22396 350.00
8/30/05 22397 1,239.69
8/30/05 22398 703.96
8/30/05 22399 2,174.40
8/30/05 22400 187.00
8/30/05 22401 13.21
8/30/05 22402 98.36
8/30/05 22403 35.81
8/30/05 22404 214.38
8/30/05 22405 233.17
8/30/05 22406 39.00
8/30/05 22407 11.50
8/30/05 22408 3,737.48
8/30/05 22409 784.80
8/30/05 22410 22.52
8/30/05 22411 360.00
8/30/05 22412 14.07
8/30/05 22413 775.15
8/30/05 22414 12.00
8/30/05 22415 1,912.00
8/30/05 22416 911.62
8/30/05 22417 57,125.98
8/30/05 22418 2,743.00
8/30/05 22419 3,965.35
8/30/05 22420 122.71
8/31/05 22421 16,464.00
8/31/05 22422 86.02
230,658.43
INTERMET CORPORATION AND SUBSIDIARIES
CASH ACTIVITY ANALYSIS: MONTHLY CASH STATEMENT
MONTH ENDED 8/31/2005
CASE NO. 04-67606
LYNCHBURG FOUNDRIES - (RADFORD FOUNDRY)
---------------------------------------
TOTAL DISBURSEMENTS (CORPORATE DEBIT MEMOS) $5,453
Radford's payroll is consolidated with the Corporate payroll due to
immateriality.
Radford's disbursements are paid and allocated by Corporate.
Radford had no active bank accounts during the current month.
RADFORD FOUNDRY CASE NO. 04-67606
CASH DISBURSEMENTS
AUGUST 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
AETNA $ 103.58
CITY OF RADFORD 5,303.50
PROVIDENT LIFE 45.51
----------
$ 5,452.59
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: AUGUST 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: SEPTEMBER 23, 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
& 6/22/05-12/22/05
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 AUGUST 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: SEPTEMBER 23, 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 8-31-05
($000's)
CASE #04-67608
NORTHERN
CASTINGS
---------------------------------
Current Month Total Since Filing
------------- ------------------
Net Sales 1,610 17,501
Cost of Goods Sold
Materials and Freight 869 4,323
Wages - Hourly 276 2,704
Wages-Salary 90 927
Employee Benefits and Pension 105 1,239
Repairs & Maintenance 103 977
Supplies 94 1,087
Utilities 96 1,541
Purchased Components/Services 118 921
Income(loss) from Pattern Sales (3) (191)
Fixed Asset - (gain/loss) - -
MIS Expense 13 133
Travel & Entertainment 1 25
Other Variable Costs (28) 470
Depreciation & Amortization 39 449
Other Allocated Fixed Costs - -
Other Fixed Costs 18 259
----- ------
Cost of Goods Sold 1,791 14,864
Gross Profit (181) 2,637
Plant SG&A Expense (1) (3)
SG&A Expense - Allocation (Sched 1) 51 547
Other Operating Expenses - -
----- ------
Total Operating Expenses 50 544
Operating Profit (231) 2,093
Outside Interest Income - -
Outside Interest (Expense) - -
Intercompany Interest Income - -
Intercompany Interest (Expense) (35) (210)
Charges (From) Affiliates - -
Charges To Affiliates - -
Gain/(Loss) On Sales Of Assets - -
Outside Dividend Income - -
Foreign Exchange Gain/(Loss) - -
Income/Loss From European Operations - -
Other Income/(Expense) - -
----- ------
Total Non-Operating Expenses (35) (210)
Income Before Income Taxes (266) 1,883
Income Tax Expense - 4
----- ------
Net Income (266) 1,879
===== ======
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs August
(Allocation of Corporate Costs to Filing Entities)
(000's)
August
--------
Officer Compensation $ 189
Salary Expense other Employees 949
Employee Benefits and Pension 111
Payroll Taxes 53
Other Taxes 9
Rent and Lease Expense 191
Interest Expense
Insurance 54
Automobile and Truck Expense 10
Utilities(Gas Electric,Phone) 42
Depreciation 87
Travel and Entertainment 99
Repairs and Maintenance 36
Advertising/Promotion 5
Supplies, Office Expense 22
OTHER:
Contributions 0
Professional Fees - Audit/Tax 350
Bank Fees 23
Public Reporting Fees (80)
Employee Relocation/Training 1
Data Processing 15
Dues and Subscriptions 12
Outside Services 156
Project Development Costs net of Billings 21
Director Fees 25
Miscellaneous 2
Legal Fees 0
Cost Allocation - Europe (78)
Cost Allocation - Out (186)
-------
$ 2,118
=======
Allocation:
Wagner Castings 191
Northern Castings 51
Ironton Iron 0
Lynchburg Foundry 193
Columbus Foundry 313
Wagner Havana 0
Intermet U.S. Holdings 261
Cast-Matic Corp. 82
Diversified Diemakers 257
Ganton Technologies 168
Tool Products 137
Corporate 465
-------
Total $ 2,118
=======
Intermet Corp. and Subsidiaries
Balance Sheet as of 08-31-05
($000's)
CASE #04-67608
--------------
NORTHERN
CASTINGS
--------------
Cash And Equivalents $ -
Accounts Receivable 2,754
Short-Term Intercompany Receivables 25
Inventories 1,039
Other Current Assets 3
--------
TOTAL CURRENT ASSETS 3,821
Land and Buildings 2,266
Machinery & Equipment 9,566
Construction In Progress 3,414
--------
Total Fixed Assets 15,246
Accumulated Depreciation (10,168)
--------
NET FIXED ASSETS 5,078
Investment In Subsidiaries -
Investment In European Operations -
Long-Term Intercompany Receivables 8,526
Deferred Taxes, Long-Term Asset -
Other Assets 110
--------
TOTAL ASSETS $ 17,535
========
LIABILITIES AND SHAREHOLDER EQUITY
POST PETITION LIABILITIES
Accounts Payable $ 575
Wages and Salaries (See schedule) 88
Taxes Payable - (See schedule) 104
--------
TOTAL POST PETITION LIABILITIES 767
SECURED LIABILITIES:
SECURED DEBT -
PRE-PETITION LIABILITIES:
Taxes and Other Priority Liabilities:
Accrued Income Taxes -
Accrued Tax - State -
Accrued Property Taxes -
Accrued Workers Comp. 48
Accrued Payroll -
Accrued Payroll Taxes -
--------
TOTAL TAXES AND OTHER PRIORITY LIABILITIES 48
UNSECURED LIABILITIES
Accounts Payable 1,661
Senior & IDR Bonds -
--------
TOTAL UNSECURED LIABILITIES 1,661
OTHER LIABILITIES
Accrued Liabilities 259
Short-Term Intercompany Payables 1
Retirement Benefits -
Deferred Taxes - Long-Term Liability -
Other Long-Term Liabilities -
Long-Term Intercompany Payables -
Minority Interest -
--------
TOTAL LIABILITIES 2,736
Common Stock -
Capital In Excess Of Par Value 1,800
Retained Earnings - Prepetition 11,120
Retained Earnings - Post Petition 1,879
Equity In European Operations
Accumulated Translation Adjustment -
Minimum Pension Liability Adjustment -
Unearned Restricted Stock -
--------
TOTAL SHAREHOLDER EQUITY 14,799
--------
Total Liabilities And Equity $ 17,535
========
PERIOD ENDED: 08-31-05 NORTHERN CASTINGS CORP. CASE #04-67608
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
7/31/05 Withheld Deposits 8/31/05
---------- ---------- ---------- ----------
Income tax withheld: Federal ($ 7,232) ($ 35,877) $ 34,215 ($ 8,894)
Income tax withheld: State (3,153) (15,864) 14,906 (4,111)
Income tax withheld: Local 0 0 0 0
FICA Withheld (5,435) (28,528) 26,170 (7,793)
Employers FICA (5,141) (28,527) 26,170 (7,498)
Unemployment Tax: Federal 829 (3,283) 3,883 1,429
Unemployment Tax: State 0 0 0 0
All Other Payroll W/H 0 0 0 0
State Taxes: Inc./Sales/Use/Excise (25,218) (33,008) 27,959 (30,267)
Property Taxes (11,556) (30,575) 0 (42,131)
Workers Compensation (102,836) (7,000) 104,252 (5,584)
--------- --------- -------- ---------
Total ($159,742) ($182,662) $237,555 ($104,850)
Wages and Salaries (64,759) (709,567) 686,701 (87,625)
--------- --------- -------- ---------
Grand Total ($224,502) ($892,229) $924,256 ($192,475)
========= ========= ======== =========
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 $ 575,024 $ 588,669 $ 0 ($ 13,644)
Accounts Receivable $2,810,775 $2,373,769 $408,078 $ 28,928
INTERMET CORPORATION AND SUBSIDIARIES
CASH ACTIVITY ANALYSIS: MONTHLY CASH STATEMENT
MONTH ENDED 8/31/2005
CASE # 04-67608
NORTHERN CASTINGS (HIBBING)
-----------------------------------------------------
ACCOUNT TYPE DEPOSIT AP PR (HOURLY) PR (SALARY)
ACCOUNT # 5401086458 2770716435 2770716427 2770716682
BANK Stan. Fed. Stan. Fed. Stan. Fed. Stan. Fed.
BEGINNING BANK BALANCE - - - -
RECEIPTS 1,318,308 - - -
TRANSFERS IN (CORPORATE) - 1,292,527 263,940 81,351
DISBURSEMENTS - (1,292,527) (263,940) (81,351)
TRANSFERS OUT (CORPORATE) (1,318,308) - - -
---------- ----------- ----------- ----------
ENDING BANK BALANCE - - - -
MATERIALS & OTHER DISBURSEMENTS PAID FOR BY CORPORATE 225,770
CHECKS ISSUED 1,184,336
PAYROLL DISBURSED (INCLUDES PAYROLL PAID BY CORPORATE) 375,980
CORPORATE DEBIT MEMOS 5,943
-----------
TOTAL DISBURSEMENTS (SEE TOTAL DISBURSEMENTS RECONCILIATION) $ 1,792,029
===========
OUTSTANDING CHECKS AS OF JULY 31 374,987
VOIDED CHECKS OUTSTANDING AS OF JULY 31 (2,760)
CHECKS ISSUED DURING AUGUST 1,184,336
CHECKS CLEARED DURING AUGUST (1,264,568) Dept of Revenue EFT of $ 27,959 excluded.
-----------
OUTSTANDING CHECKS AS OF AUGUST 31 (SEE OUTSTANDING CHECKLIST) $ 291,995
===========
NORTHERN CASTINGS CORPORATION CASE NO. 04-67608
CASH DISBURSEMENTS
AUGUST 2005
VENDOR TOTAL DISBURSEMENTS
- --------------------------------------- -------------------
3 RIVERS TRUCKING $ 7,343.06
ACE INSURANCE 6,355.74
AETNA 1,491.63
AIR HYDRAULICS 7,213.21
AIRGAS 2,790.40
AIRGAS 1,277.57
AIRGAS 1,272.29
AIRGAS 396.36
ALLIED MINERAL PRODUCTS 3,157.44
ALTER TRADING 38,621.09
AM SOCIETY OF SAFETY ENGINEERS 135.00
AMERICAN COLLOID 30,661.79
AMERICAN COLLOID 8,674.59
AMERICAN COLLOID 2,293.78
AMERIPRIDE LINEN 447.66
AMERIPRIDE LINEN 406.98
AMERIPRIDE LINEN 405.81
AMERIPRIDE LINEN 379.77
ANDERSON-CRANE 822.97
ANDERSON-CRANE 94.99
ANDERSON-CRANE 27.41
APPLIED IND. 1,896.07
APPLIED IND. 77.00
B & R ENGINEERING 16,230.12
B & R ENGINEERING 1,428.00
B & R ENGINEERING 253.68
B & R ENGINEERING 190.55
BALDWIN SUPPLY 19,617.06
BALDWIN SUPPLY 12,264.69
BARR ENG 588.55
BARR ENG 65.82
BEAR COUNTRY 1,330.00
BEAR COUNTRY 665.00
BECKSTROM, BRUCE 146.82
BEHR IRON 104,464.34
BEHR SPECIALTY 11,040.00
BOB SCOFIELD 4,866.59
BOB SCOFIELD 3,200.50
BOB SCOFIELD 3,194.00
BOB SCOFIELD 3,054.00
BOB SCOFIELD 2,477.50
BRAUN INTERTEC 1,036.00
BRUCE R SMITH 2,184.00
BUTCH GENTILINI 37.84
CARPENTER BROTHERS 1,630.33
CARPENTER BROTHERS 406.19
CARQUEST 73.91
CAST CORP 55,656.00
CAST CORP 20,946.00
CAST CORP 15,322.00
CAST CORP 6,450.00
CHAMPION CHISEL 1,545.60
COBB COOK GROCERY 38.50
COBB COOK GROCERY 35.15
DAVID AHO METAL WOKING 16,218.75
DIDION INTERNATIONAL 25,538.20
DISA 7,985.50
DISA 7,075.50
DISA 1,860.00
DISA 1,032.00
DISA 364.00
DIXIE INDUSTRI 2,745.42
DULUTH CLINIC HIBBING 3,064.00
DYNAMIC AIR INC 569.28
E.E.P GROUP 4,870.35
E.E.P GROUP 2,133.45
EESCO 1,430.34
EESCO 435.14
NORTHERN CASTINGS CORPORATION CASE NO. 04-67608
CASH DISBURSEMENTS
AUGUST 2005
VENDOR TOTAL DISBURSEMENTS
- --------------------------------------- -------------------
EESCO 282.67
ELKEM 50,940.00
ENTERPRISE (474.88)
EXPRESS PRINT 239.63
EXPRESS PRINT 231.29
FASTENAL 4,068.58
FASTENAL 788.55
FERRELLGAS 401.03
FERRELLGAS 146.02
FREEMAN MANUFACTURING 145.31
FULL CIRCLE IMAGE 20.38
FULL CIRCLE IMAGE 10.19
G&B MAINTENANCE SYSTEMS 210.00
GAHR MACHINE 522.98
GARY MONROE 4,346.87
GE CAPITAL 1,017.08
GEARYS GROCERY 32.70
GEARYS GROCERY 32.70
GEARYS GROCERY 32.70
GEORGE BOUGALIS 2,400.00
GIL-MAR 3,240.00
GIL-MAR 3,037.50
GIL-MAR 1,117.50
GIL-MAR 351.60
GMP LOCAL 21B 1,260.00
GREARYS GROCERY 32.70
GREAT WESTERN 4,764.04
GREAT WESTERN 3,717.66
HERAEUS 2,501.36
HIBBING PARK HOTEL 759.07
HIBBING PARK HOTEL 284.66
HIBBING PARK HOTEL 65.69
HIBBING PAYROLL (INCLUDES DISB BY CORP) 375,980.37
HIBBING SALVAGE & SUPPLY 12,514.29
HIBBING SALVAGE & SUPPLY 102.35
HICKMAN WILLIAMS 2,120.00
HICKMAN WILLIAMS 1,060.00
HWP RIGGING 5,795.00
IRON AGE CORPORATION 91.10
J & W INTRUMENTS 593.00
J.N. JOHNSON 1,265.22
JACKSON-HIRSH 264.21
JASPER ENG. & EQUIP 440.74
JOHN HENRY FOSTER, INC. 216.23
JUMBO TRANSPORT 22,113.00
KENNETH BUCKLEY 1,000.00
KENNETH BUCKLEY 286.19
KIRSCHER TRANSPORTATION 860.00
KONIECZNY TOOL & DIE 1,660.00
L & S ELECTRIC 355.00
LAND INSTRUMENTS 328.00
LARPEN 4,197.00
LARPEN 957.00
LERCH BROTHERS 100.00
LIFT PRO 1,772.83
LIFT PRO 99.19
LIN ROE SERVICES 1,000.00
LINA 8.00
LOFSTRON LAW FIRM LLC 633.54
LUCARELLI, MARK 954.25
LUCARELLI, MARK 160.88
MARK LUCARELLI 1,150.00
MARK LUCARELLI 1,025.00
MARK LUCARELLI 700.00
MARK LUCARELLI 300.00
MCMASTER-CARR 818.26
MESABI OFFICE EQUIPMENT 253.47
METOKOTE 5,275.55
METOKOTE 1,259.36
NORTHERN CASTINGS CORPORATION CASE NO. 04-67608
CASH DISBURSEMENTS
AUGUST 2005
VENDOR TOTAL DISBURSEMENTS
- --------------------------------------- -------------------
METOKOTE CORP 1,775.95
METOKOTE CORP 1,374.34
MIDTOWN MACHINE 102.24
MIDTOWN MACHINE 42.00
MIDWEST COMPUTER DEPOT, INC 332.03
MIDWEST COMPUTER DEPOT, INC 160.00
MIDWEST COMPUTER DEPOT, INC 120.00
MIELKE ELECTRIC 531.93
MIELKE ELECTRIC 261.44
MINNESOTA IND 2,665.35
MINNESOTA IND 1,346.68
MINNESOTA IND 509.57
MINNESOTA INDUSTRIES 2,514.75
MINNESOTA POWER 133,548.23
MINNESOTA SUPPLY CO 2,024.05
MINN-TECH ELECTRONICS 1,929.87
MINN-TECH ELECTRONICS 1,707.22
MINN-TECH ELECTRONICS 470.70
MN CHILD SUPPORT 2,732.78
MN CHILD SUPPORT 2,637.24
MN DEPT OF REVENUE 82.50
MN DEPT OF REVENUE 80.13
MN DEPT OF REVENUE 35.72
MOBERG, KURTIS 40.00
MODAL SHOP 1,209.09
MODERN PLATING 1,157.23
NELSON'S 3,761.62
NEW CASTLE E-COATING 1,678.95
NEW CASTLE E-COATING 786.50
NORTH STAR IMAGING 4,525.56
NORTH STAR IMAGING 2,825.94
NORTH STAR IMAGING 2,058.22
NORTHERN BALANCE & SCALE 2,840.49
NORTHERN BALANCE & SCALE 2,170.50
NORTHERN TECHNOLOGIES INTL, CORP 332.00
NORTHLAND CONSULTING 770.00
OCCUPATIONAL DEV. CENTER, INC 2,047.50
OCCUPATIONAL DEV. CENTER, INC 1,950.00
OCCUPATIONAL DEV. CENTER, INC 774.30
OFFICE NORTH 845.75
OFFICE NORTH 773.53
OFFICE NORTH 297.08
OFFICE NORTH 59.63
OSWEGO COUNTY SCU 5.77
P & H MINE PRO SERVICES 325.88
P & H MINE PRO SERVICES 300.00
PAC GROUP 3,773.00
PROGRESSIVE BUS. PUBLICATIONS 94.56
PROVIDENT LIFE 61.75
PROVIDENT LIFE/ACCIDENT 361.92
PUBLIC UTILITIES 2,445.60
PUBLIC UTILITIES 1,762.69
R. E. NICHOLSON 150.00
R.E. NICHOLSON VENTURES 300.00
RADKO IRON $ SUPPLY, INC. 6,892.19
RADKO IRON $ SUPPLY, INC. 999.37
RADOTICH, INC 221,327.00
RADOTICH, INC 132,417.00
RADOTICH, INC 48,341.00
RANGE BUILDING MAINTENANCE 1,166.18
RANGE BUILDING MAINTENANCE 1,166.18
RANGE CORNICE ROOFING CO 150.32
RANGE EQUIPMENT SERVICE 105.00
RANGE STEEL 1,893.04
RANGE STEEL 1,669.65
RANGE WATER CONDITIONING 47.93
RASK, ROGER 106.27
RCB COLLECTIONS 202.37
ROGER RASK 825.74
NORTHERN CASTINGS CORPORATION CASE NO. 04-67608
CASH DISBURSEMENTS
AUGUST 2005
VENDOR TOTAL DISBURSEMENTS
- --------------------------------------- -------------------
RRHS UMCM MESABA CLINIC 125.00
SBS, INC 455.00
SECURITAS 1,477.06
SECURITAS 805.15
SIM SUPPLY 1,140.69
SIM SUPPLY 912.81
SIM SUPPLY 165.58
SPIC 196.00
SPIC 196.00
SPIC 116.00
SPRINT 317.36
SPRINT 250.21
ST. LOUIS COUNTY WASTE DEPT. 10,000.00
ST. LOUIS COUNTY WASTE DEPT. 10,000.00
STEARNSWOOD 7,752.96
SULLIVAN CANDY & SUPPLY 822.50
SULLIVAN CANDY & SUPPLY 76.72
SUNRISE BAKERY 140.00
TDS METROCOM 540.73
TDS METROCOM 328.10
THREE RIVERS TRUCKING 11,095.18
THREE RIVERS TRUCKING 10,859.59
THUNE, JAMES 314.40
TOWN & COUNTRY ELECTRIC 44,264.46
TOWN & COUNTRY ELECTRIC 5,427.00
TOWN & COUNTRY ELECTRIC 5,118.00
TRANSMAN 15,169.44
TRIMARK IND 819.66
TRIMARK IND 502.15
TRITEC OF MN 2,030.00
TRITEC OF MN 105.00
UESCO INDUSTRIES 599.15
UNIMIN 9,000.00
VESUVIOUS 7,346.16
VICKERS 3,458.00
VICKERS 2,213.40
VICKERS ENGINEERING 2,290.40
VICKERS ENGINEERING 1,828.40
VIRGINIA PLUMBING & HEATING 900.00
WHEELABRATOR GROUP 1,677.66
YELLOW FREIGHT 176.34
--------------
$ 1,792,029.17
Northern Castings Corp
Case No. 0467608
At 8/31/05
Hibbing - Bank Reconciliation
Bank Balance $ -
Actual Outstanding Checks 291,995.43
Unadjusted GL Balance 291,995.43
-----------
Difference $ -
===========
Northern Castings Corp
Outstanding Checks
Case No. 04-67606
Date Check Outstanding
8/17/05 77548 239.63
8/22/05 77577 32.70
8/23/05 77580 145.31
8/23/05 77583 1,032.00
8/26/05 77586 11,040.00
8/26/05 77589 37.84
8/26/05 77593 196.00
8/29/05 77594 5,275.55
8/29/05 77595 3,458.00
8/30/05 77596 1,860.00
8/30/05 77598 759.07
8/31/05 77599 5.77
8/31/05 77600 82.50
8/31/05 77601 633.54
8/31/05 77602 2,637.24
8/31/05 77607 7,213.21
8/31/05 77608 2,790.40
8/31/05 77609 405.81
8/31/05 77610 27.41
8/31/05 77611 1,896.07
8/31/05 77612 18,230.12
8/31/05 77613 65.82
8/31/05 77614 665.00
8/31/05 77615 3,200.50
8/31/05 77616 1,630.33
8/31/05 77617 73.91
8/31/05 77618 20,946.00
8/31/05 77619 16,218.75
8/31/05 77620 589.28
8/31/05 77621 1,430.34
8/31/05 77622 4,068.58
8/31/05 77623 401.03
8/31/05 77624 522.98
8/31/05 77625 4,346.67
8/31/05 77626 2,400.00
8/31/05 77627 1,117.50
8/31/05 77628 4,764.04
8/31/05 77629 2,501.36
8/31/05 77630 12,514.29
8/31/05 77631 5,795.00
8/31/05 77632 1,265.22
8/31/05 77633 284.21
8/31/05 77634 440.74
8/31/05 77635 216.23
8/31/05 77636 957.00
8/31/05 77637 1,772.63
8/31/05 77638 1,000.00
8/31/05 77639 1,025.00
8/31/05 77640 618.26
8/31/05 77641 253.47
8/31/05 77642 332.03
8/31/05 77643 1,707.22
8/31/05 77644 2,514.75
8/31/05 77645 1,678.95
8/31/05 77646 770.00
8/31/05 77647 774.30
8/31/05 77648 845.75
8/31/05 77649 325.88
8/31/05 77650 3,773.00
8/31/05 77651 300.00
8/31/05 77652 8,892.19
8/31/05 77653 105.00
8/31/05 77654 47.93
8/31/05 77655 165.58
8/31/05 77656 118.00
8/31/05 77657 7,752.96
8/31/05 77658 822.50
8/31/05 77659 5,427.00
8/31/05 77660 619.66
8/31/05 77661 599.15
8/31/05 77662 900.00
8/31/05 77663 10,859.59
8/31/05 77664 148.82
8/31/05 77666 3,064.00
8/31/05 77667 288.19
8/31/05 77668 1,762.69
8/31/05 77669 125.00
8/31/05 77670 317.36
8/31/05 77671 328.10
8/31/05 77673 11,095.18
8/31/05 77674 30,661.79
8/31/05 77675 48,341.00
8/31/05 77676 1,060.00
8/31/05 77677 35.15
291,995.43
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: AUGUST 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: SEPTEMBER 23, 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
&6/22/05-12/22/05
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 AUGUST 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: SEPTEMBER 23, 2005 /s/ Robert E. Belts
--------------------------------------
Debtor In Possession
Chief Financial Office (248) 952-2500
---------------------- --------------
Title Phone
Intermet Corp. and Subsidiaries
Operating Statement
For the Month Ended 8-31-05
($000's)
CASE # 04-67613
SUDBURY
INC.
---------------------------------
Current Month Total Since Filing
------------- ------------------
Net Sales - -
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 - -
Gain/(Loss) On Sales Of Assets - -
Outside Dividend Income - -
Foreign Exchange Gain/(Loss) - -
Income/Loss From European Operations - -
Other Income/(Expense) - -
-- -------
Total Non-Operating Expenses - (13)
Income Before Income Taxes - (62,748)
Income Tax Expense - -
-- -------
Net Income - (62,748)
== =======
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs August
(Allocation of Corporate Costs to Filing Entities)
(000's)
August
-------
Officer Compensation $ 189
Salary Expense other Employees 949
Employee Benefits and Pension 111
Payroll Taxes 53
Other Taxes 9
Rent and Lease Expense 191
Interest Expense
Insurance 54
Automobile and Truck Expense 10
Utilities(Gas Electric,Phone) 42
Depreciation 87
Travel and Entertainment 99
Repairs and Maintenance 36
Advertising/Promotion 5
Supplies, Office Expense 22
OTHER:
Contributions 0
Professional Fees - Audit/Tax 350
Bank Fees 23
Public Reporting Fees (80)
Employee Relocation/Training 1
Data Processing 15
Dues and Subscriptions 12
Outside Services 156
Project Development Costs net of Billings 21
Director Fees 25
Miscellaneous 2
Legal Fees 0
Cost Allocation - Europe (78)
Cost Allocation - Out (186)
-------
$ 2,118
=======
Allocation:
Wagner Castings 191
Northern Castings 51
Ironton Iron 0
Lynchburg Foundry 193
Columbus Foundry 313
Wagner Havana 0
Intermet U.S. Holdings 261
Cast-Matic Corp. 82
Diversified Diemakers 257
Ganton Technologies 168
Tool Products 137
Corporate 465
-------
Total $ 2,118
=======
Intermet Corp. and Subsidiaries
Balance Sheet as of 08-31-05
($000's)
CASE # 04-67613
---------------
SUDBURY
INC.
---------------
Cash And Equivalents $ -
Accounts Receivable 7
Short-Term Intercompany Receivables -
Inventories -
Other Current Assets -
--------
TOTAL CURRENT ASSETS 7
Land and Buildings (2,077)
Machinery & Equipment (23,412)
Construction In Progress -
--------
Total Fixed Assets (25,489)
Accumulated Depreciation 25,489
--------
NET FIXED ASSETS -
Investment In Subsidiaries -
Investment In European Operations -
Long-Term Intercompany Receivables 12,860
Deferred Taxes, Long-Term Asset -
Other Assets 76
--------
TOTAL ASSETS $ 12,943
========
LIABILITIES AND SHAREHOLDER EQUITY
POST PETITION LIABILITIES
Accounts Payable $ -
Wages and Salaries (See schedule) -
Taxes Payable - (See schedule) -
--------
TOTAL POST PETITION LIABILITIES -
SECURED LIABILITIES:
SECURED DEBT -
PRE-PETITION LIABILITIES:
Taxes and Other Priority Liabilities:
Accrued Income Taxes (2,031)
Accrued Tax - State -
Accrued Property Taxes -
Accrued Workers Comp. -
Accrued Payroll -
Accrued Payroll Taxes -
--------
TOTAL TAXES AND OTHER PRIORITY LIABILITIES (2,031)
UNSECURED LIABILITIES
Accounts Payable 2
Senior & IDR Bonds -
--------
TOTAL UNSECURED LIABILITIES 2
OTHER LIABILITIES
Accrued Liabilities 48
Short-Term Intercompany Payables -
Retirement Benefits -
Deferred Taxes - Long-Term Liability -
Other Long-Term Liabilities -
Long-Term Intercompany Payables 64,312
Minority Interest -
--------
TOTAL LIABILITIES 62,331
Common Stock -
Capital In Excess Of Par Value 86,100
Retained Earnings - Prepetition (72,740)
Retained Earnings - Post Petition (62,748)
Equity In European Operations -
Accumulated Translation Adjustment -
Minimum Pension Liability Adjustment -
Unearned Restricted Stock -
--------
TOTAL SHAREHOLDER EQUITY (49,388)
--------
Total Liabilities And Equity $ 12,943
========
PERIOD ENDED: 08-31-05 SUDBURY INC. CASE #04-67613
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
07/31/2005 Withheld Deposits 08/31/2005
---------- --------- ---------- ----------
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
CASH ACTIVITY ANALYSIS: MONTHLY CASH STATEMENT
Month Ended 8/31/2005
CASE # 04-67613
SUDBURY, INC.
Subbury's had no active bank accounts during the current month.
Sudbury is allocated no debit memos.
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: AUGUST 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: SEPTEMBER 23, 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
&6/22/05-12/22/05
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 AUGUST 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: SEPTEMBER 23, 2005 /s/ Robert E. Belts
------------------------
Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- --------------------
Title Phone
MONTHLY CASH STATEMENT
Period Ending: AUGUST 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: SEPTEMBER 23, 2005 ___________________________
Debtor in Possession
Form 5
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: AUGUST 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: SEPTEMBER 23, 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
& 6/22/05-12/22/05
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 AUGUST 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: SEPTEMBER 23, 2005 /s/ Robert E. Belts
---------------------------------------
Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- --------------
Title Phone
Intermet Corp. and Subsidiaries
Operating Statement CASE # 04-67610
For the Month Ended 8-31-05 TOOL
($000's) PRODUCTS, INC.
----------------------------------
Current Month Total Since Filing
------------- ------------------
Net Sales 5,341 54,734
Cost of Goods Sold
Materials and Freight 514 7,239
Wages - Hourly 1,312 12,940
Wages-Salary 314 3,109
Employee Benefits and Pension 406 5,025
Repairs & Maintenance 184 1,746
Supplies 334 2,569
Utilities 238 2,596
Purchased Components/Services 1,606 13,479
Income(loss) from Pattern Sales (98) (101)
Fixed Asset - (gain/loss) - 2
MIS Expense 19 212
Travel & Entertainment 12 159
Other Variable Costs 74 1,286
Depreciation & Amortization 230 2,383
Other Allocated Fixed Costs - (1)
Other Fixed Costs 96 872
----- ------
Cost of Goods Sold 5,241 53,515
Gross Profit 100 1,219
Plant SG&A Expense 72 747
SG&A Expense - Allocation (Sched 1) 137 1,477
Other Operating Expenses 100 894
----- ------
Total Operating Expenses 309 3,118
Operating Profit (209) (1,899)
Outside Interest Income - -
Outside Interest (Expense) - (21)
Intercompany Interest Income - -
Intercompany Interest (Expense) (107) (952)
Charges (From) Affiliates - -
Charges To Affiliates - -
Gain/(Loss) On Sales Of Assets - (3)
Outside Dividend Income - -
Foreign Exchange Gain/(Loss) - -
Income/Loss From European Operations - -
Other Income/(Expense) - -
----- ------
Total Non-Operating Expenses (107) (976)
Income Before Income Taxes (316) (2,875)
Income Tax Expense 57 471
-
----- ------
Net Income (373) (3,346)
===== ======
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs August
(Allocation of Corporate Costs to Filing Entities)
(000's)
August
------
Officer Compensation $ 189
Salary Expense other Employees 949
Employee Benefits and Pension 111
Payroll Taxes 53
Other Taxes 9
Rent and Lease Expense 191
Interest Expense
Insurance 54
Automobile and Truck Expense 10
Utilities(Gas Electric,Phone) 42
Depreciation 87
Travel and Entertainment 99
Repairs and Maintenance 36
Advertising/Promotion 5
Supplies, Office Expense 22
OTHER:
Contributions 0
Professional Fees - Audit/Tax 350
Bank Fees 23
Public Reporting Fees (80)
Employee Relocation/Training 1
Data Processing 15
Dues and Subscriptions 12
Outside Services 156
Project Development Costs net of Billings 21
Director Fees 25
Miscellaneous 2
Legal Fees 0
Cost Allocation - Europe (78)
Cost Allocation - Out (186)
------
$2,118
======
Allocation:
Wagner Castings 191
Northern Castings 51
Ironton Iron 0
Lynchburg Foundry 193
Columbus Foundry 313
Wagner Havana 0
Intermet U.S. Holdings 261
Cast-Matic Corp. 82
Diversified Diemakers 257
Ganton Technologies 168
Tool Products 137
Corporate 465
------
Total $2,118
======
Intermet Corp. and Subsidiaries CASE # 04-67610
Balance Sheet as of 8-31-05 ---------------
($000's) TOOL
PRODUCTS, INC.
---------------
Cash And Equivalents $ 38
Accounts Receivable 6,518
Short-Term Intercompany Receivables 1,583
Inventories 4,628
Other Current Assets 193
---------------
TOTAL CURRENT ASSETS 12,960
Land and Buildings 10,872
Machinery & Equipment 25,585
Construction In Progress 1,903
---------------
Total Fixed Assets 38,360
Accumulated Depreciation (15,427)
---------------
NET FIXED ASSETS 22,933
Investment In Subsidiaries -
Investment In European Operations -
Long-Term Intercompany Receivables 8,072
Deferred Taxes, Long-Term Asset -
Other Assets -
---------------
TOTAL ASSETS $ 43,965
===============
LIABILITIES AND SHAREHOLDER EQUITY
POST PETITION LIABILITIES
Accounts Payable $ 1,819
Wages and Salaries (See schedule) 358
Taxes Payable - (See schedule) 418
---------------
TOTAL POST PETITION LIABILITIES 2,595
SECURED LIABILITIES:
SECURED DEBT 15
PRE-PETITION LIABILITIES:
Taxes and Other Priority Liabilities:
Accrued Income Taxes -
Accrued Tax - State -
Accrued Property Taxes -
Accrued Workers Comp 517
Accrued Payroll -
Accrued Payroll Taxes -
---------------
TOTAL TAXES AND OTHER PRIORITY LIABILITIES 517
UNSECURED LIABILITIES
Accounts Payable 6,622
Senior & IDR Bonds -
---------------
TOTAL UNSECURED LIABILITIES 6,622
OTHER LIABILITIES
Accrued Liabilities 2,202
Short-Term Intercompany Payables 485
Retirement Benefits 252
Deferred Taxes - Long-Term Liability -
Other Long-Term Liabilities -
Long-Term Intercompany Payables 3,222
Minority Interest -
---------------
TOTAL LIABILITIES 15,910
Common Stock -
Capital In Excess Of Par Value 19,200
Retained Earnings - Prepetition 12,201
Retained Earnings - Post Petition (3,346)
Equity In European Operations
Accumulated Translation Adjustment -
Minimum Pension Liability Adjustment -
Unearned Restricted Stock -
---------------
TOTAL SHAREHOLDER EQUITY 28,055
---------------
TOTAL LIABILITIES AND EQUITY $ 43,965
===============
PERIOD ENDED: 08-31-05 TOOL PRODUCTS, INC. (JACKSON) CASE #04-67610
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
7/31/2005 Withheld Deposits 8/31/2005
--------- --------- ---------- ---------
Income tax withheld: Federal $ 0 ($ 62,702) $ 36,436 ($ 26,266)
Income tax withheld: State 0 0 0 0
Income tax withheld: Local 0 0 0 0
FICA Withheld 0 (43,311) 25,075 (18,235)
Employers FICA 0 (43,311) 25,075 (18,235)
Unemployment Tax: Federal (261) (388) 0 (650)
Unemployment Tax: State (861) (1,464) 0 (2,325)
All Other Payroll W/H (264) (14,824) 14,824 (264)
State Taxes: Inc./Sales/Use/Excise (669) (669) 0 (1,338)
Property Taxes (60,000) (5,000) 0 (65,000)
Workers Compensation (62,301) (6,151) 2,602 (65,850)
--------- --------- ---------- ---------
Total ($124,357) ($177,821) $ 104,014 ($198,164)
Wages and Salaries (252,598) (70,255) 83,684 (239,169)
--------- --------- ---------- ---------
Grand Total ($376,955) ($248,076) $ 187,698 ($437,333)
========= ========= ========= =========
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 $ 335,160 $ 335,160 $ 0 $ 0
Accounts Receivable $2,367,635 $2,041,794 $165,573 $160,268
PERIOD ENDED: 08-31-05 TOOL PRODUCTS, INC. (MINNEAPOLIS) CASE #04-67610
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
7/31/2005 Withheld Deposits 8/31/2005
--------- --------- ---------- ---------
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
State Taxes: Inc./Sales/Use/Excise ($ 57,000) ($ 57,000) $ 0 ($ 114,000)
Property Taxes ($ 54,946) ($ 11,349) $ 0 ($ 66,295)
Workers Compensation ($ 38,675) ($ 8,000) $ 7,255 ($ 39,420)
---------- ---------- --------- ----------
Total ($ 150,620) ($ 76,349) $ 7,255 ($ 219,715)
Wages and Salaries ($ 170,131) $ 50,785 $ 0 ($ 119,346)
---------- ---------- --------- ----------
Grand Total ($ 320,751) ($ 25,564) $ 7,255 ($ 339,061)
========== ========== ========= ==========
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 $1,483,557 $1,483,557 $ 0 $ 0
Accounts Receivable $4,873,218 $3,462,107 $1,133,367 $ 277,744
INTERMET CORPORATION AND SUBSIDIARIES
CASH ACTIVITY ANALYSIS:
MONTH ENDED 8/31/2005
MONTHLY CASH STATEMENT
CASE # 04-67610
TOOL PRODUCTS, INC (JACKSON)
----------------------------------------
ACCOUNT TYPE LOCKBOX AP PR
ACCOUNT # 5402699408 2770721757 2770721765
BANK Stan Fed Stan Fed Stan Fed
---------- ---------- ----------
BEGINNING BANK BALANCE - - -
RECEIPTS 1,288,515 - -
TRANSFERS IN (CORPORATE) - 982,768 1,004,832
DISBURSEMENTS - (982,768) (1,004,832)
TRANSFERS OUT (CORPORATE) (1,288,515) - -
---------- -------- ----------
ENDING BANK BALANCE - - -
MATERIALS & OTHER DISBURSEMENTS PAID FOR BY CORPORATE 1,041,241
CHECKS ISSUED 795,334
PAYROLL DISBURSED (INCLUDES PAYROLL PAID BY CORPORATE) 525,568
CORPORATE DEBIT MEMOS 12,950
-----------
TOTAL DISBURSEMENTS (SEE TOTAL DISBURSEMENTS RECONCILIATION) $ 2,375,093
===========
OUTSTANDING CHECKS AS OF JULY 31 226,681
VOIDED CHECKS OUTSTANDING AS OF JULY 31 -
CHECKS ISSUED DURING AUGUST 795,334
CHECKS CLEARED DURING AUGUST (982,768)
-----------
OUTSTANDING CHECKS AS OF AUGUST 31 (SEE OUTSTANDING CHECKLIST) $ 39,248
===========
TOOL PRODUCTS, INC. (JACKSON) CASE NO. 04-67610
CASH DISBURSEMENTS
AUGUST 2005
VENDOR TOTAL DISBURSEMENTS
- ------------------------------------------ --------------------
ACCU-CHECK INC $ 43.71
ACE INSURANCE 1,460.94
ACTION FLUID POWER 713.00
ADHESIVE LABEL 955.97
ADVANTAGE ELECTRONICS 341.89
AIM POWER AND FLUIDS 1,878.89
AIR DRAULICS ENGINEERING CO 7,720.11
AIRGAS SOUTH 10,950.33
ALCHEM ALUMINUM, INC. (IMCO) 251,021.92
ALLIED ELECTRONICS 103.74
ALLIED VAN LINES 9,631.32
ALUAR 616,899.96
AMCOR 270.00
ASSOCIATED BAG COMPANY 405.92
AUTOMATION SYSTEMS & DESIGN 7,150.70
AVAYA 466.24
A-Z OFFICE RESOURCES, INC. 4,093.85
B & B FIRE PROTECTION 310.82
B & B TOOL AND DIE COMPANY INC 16,820.00
B W SUPPLY COMPANY 315.37
BELLSOUTH 1,079.20
BERTELKAMP AUTOMATION, INC. 1,019.58
BETTY NASH 348.19
BLUFF CITY ELECTRONICS 2,449.56
BUHLER INC 6,927.98
CANON FINANCIAL SERVICES, INC. 887.63
CANTEEN VENDING SERVICE 1,141.40
CHAPTER 13 TRUSTEE 4,917.00
CHEM STATION 625.73
CHEM TREND INCORPORATED 26,982.90
CHRIS JOYNER 410.45
CHRISTOPHER BLOCKETT 151.58
CITY OF JACKSON 1,027.48
CLIFFORD VANALSTINE 120.85
COLE PALLET COMPANY LLC 5,134.50
CONTRA COSTA 380.00
CRANE SERVICE INC 12,820.00
CROSS MACHINE TOOL CO INC 20,420.00
CUSTOM MOLD 777.00
CYNTHIA ADAMS 136.13
D M E CORP 1,001.95
DAVE CLARK 345.84
DAVID HOFFMAN 199.87
DBH 31.49
DIMETEK INTERNATIONAL INC 2,792.40
DJ LOCK AND SAFE 1,081.26
D-LUCK'S DIE INC 775.00
EMPIRE REFRACTORY SPECIALISTS 30.27
ENCO MANUFACTURING CO 27.41
ENGINEERED PRODUCTS DIVIS 5,356.53
ERIC CARSON 238.38
FORBERG SCIENTIFIC 731.27
FRANKLIN ELECTROFLUID CO 200.70
FREEMAN MFG & SUPPLY 168.87
FUGITT RUBBER AND SUPPLY CO 5,418.39
GEIT LLC 5,631.88
GENERAL SESSIONS COURT HAYWOOD 82.71
GOLDENS' FOUNDRY & MACHINE CO 2,833.82
GOODRICH TOOL & SUPPLY 1,265.07
GRAVES METAL PRODUCTS, INC. 1,893.82
H C I SUPPLY INC. 22,755.60
HESS ENVIROMENTAL SERVICES,INC 2,298.76
HI TEMP PRODUCTS INC 4,462.67
HI-TECH SALES & SERVICE, INC. 184.00
I SQUARED R ELEMENT CO., INC. 540.00
ILLNOIS DEPT OF PUBLIC AID 4.00
INDUSTRIAL FIREBRICK WAREHOUSE 1,476.62
INTECH EDM 957.60
TOOL PRODUCTS, INC. (JACKSON) CASE NO. 04-67610
CASH DISBURSEMENTS
AUGUST 2005
VENDOR TOTAL DISBURSEMENTS
- ------------------------------------------ --------------------
JACKSON ENERGY AUTHORITY 95,881.84
JACKSON PAYROLL (INCLUDES DISB BY CORP) 525,567.71
JONES, GRADY W.-CO. OF MEMPHIS 3,612.69
KENT RUDBECK 480.00
L&H SUPPLY CO INC 10,757.62
LIFT TRUCK SERVICE & RENTALS 646.76
LOWE'S COMPANIES 517.32
MACHINE TOOL & SUPPLY (JKSN) 2,080.63
MADISON CITY GENERAL SESSIONS 294.84
MADISON COUNTY CIRCUIT COURT 367.40
MADISON FINISHING INC 44,706.10
MAKRITE PARTS 1,554.00
MARTIN INDUSTRIAL 3,360.05
MCCOYS HEATING AND AIR, INC. 65.00
MCMASTER CARR SUPPLY CO 7,418.13
MERCER 545.00
MERCER 1,160.00
METALLURG ALUMINUM 9,420.25
MID STATES ELECTRIC COM INC 20,848.09
MIDVALE INDUSTRIES INC 5,468.50
MIDWEST MACHINE TOOL 434.12
MOLTEN METAL EQUIP. INNOVATION 4,832.00
MSC INDUSTRIAL SUPPLY CO INC 45.25
MTRONICS.COM INCORPORATED 142,682.22
NATIONAL XRAY 2,000.00
NES RENTALS 111.20
OFFICE DEPOT 4.91
OMEGA ENGINEERING INC 823.00
PARAMOUNT UNIFORM RENTAL 2,438.89
PAT WALKER PETTY CASH 1,479.83
PAUL RECK 350.22
PCS COMPANY 101.02
PENNSYLVANIA STATE CHILD SUPPORT 535.40
PERSONNEL MANAGEMENT INC 31,195.59
PITNEY BOWES (RESERVE) 250.00
PITNEY BOWES CREDIT CORP 104.51
PORTER WARNER INDUSTRIES 663.75
PRECISION MACH PRODUCTS 51,260.09
PROGRESSIVE COMPONENTS 195.23
PRO-LONG TOOL LIFE, INC.(SOLV) 3,924.80
PROVIDENT LIFE 152.75
PYROTEK, INC. 2,488.96
RAMON AYALA DELGADO 4,999.98
RED FOX INC 1,347.70
RIMROCK CORP 47,737.76
ROBOTICS INC 4,355.20
S&M LAWRENCE 3,357.15
SCATES AUTO REPAIR 964.65
SCOTT BLEEKS 470.72
SHEFFIELD MACHINE FOUNDRY 3,300.00
SPAN AMERICA INC 11,467.65
SPECTRO ALLOYS CORP 133,626.72
SPECTRUM FINISHING 14,784.88
STEPHEN SHIVERS 230.94
STEVE HURST 67.75
STRIKO DYNARAD CORPORATION 11,998.63
SYSTEMS UNLIMITED 268.50
TENNANT 773.19
THE LILLY COMPANY 178.76
THE ROYAL GROUP 14,113.37
THOMAS MCKEOWN 1,158.50
TN CHILD SUPPORT RECT UNIT 5,077.69
TRANSMAN 40,023.62
UNITED SAW AND SUPPLY CO 3,537.68
VERIZON WIRELESS 528.46
VIBRO DYNAMICS 4,671.09
WILLER TOOL CORPORATION 1,500.00
WWGM RADIO STATION 600.00
ZYP COATINGS INC. 1,029.00
--------------
$ 2,375,093.28
TOOL PRODUCTS, INC.
CASE NO. 04-67610
AT 8/31/05
JACKSON - BANK RECONCILIATION
Bank Balance $ -
Actual Outstanding Checks 39,247.86
Misc Reconciling Items
Adjusted in September 0.22
----------
39,248.08
Unadjusted GL Balance 39,248.08
----------
Difference $ -
==========
JACKSON
OUTSTANDING CHECKS
CASE NO. 04-67610
DATE CHECK OUTSTANDING
8/4/05 23714 480.00
8/11/05 23765 12,820.00
8/18/05 23831 103.74
8/18/05 23833 315.37
8/18/05 23836 238.38
8/18/05 23867 2,416.00
8/18/05 23887 330.89
8/18/05 23889 3,750.47
8/25/05 23898 1,797.21
8/25/05 23901 143.40
8/25/05 23909 1,241.00
8/25/05 23912 95.00
8/25/05 23913 471.68
8/25/05 23914 1,448.40
8/25/05 23919 2,833.82
8/25/05 23922 82.71
8/25/05 23923 115.42
8/25/05 23927 410.45
8/25/05 23932 91.85
8/25/05 23933 73.71
8/25/05 23943 133.85
8/25/05 23946 104.51
8/25/05 23947 250.00
8/25/05 23954 3,924.80
8/25/05 23956 101.02
8/25/05 23958 350.22
8/25/05 23962 2,500.00
8/25/05 23964 2,623.96
39,247.86
INTERMET CORPORATION AND SUBSIDIARIES
CASH ACTIVITY ANALYSIS: MONTHLY CASH STATEMENT
MONTH ENDED 8/31/2005
Case # 04-67610
Tool Products - Minneapolis
------------------------------------------
Account Type Lockbox AP PR
Account # 5402699416 2770721773 2770721781
Bank Stan Fed Stan Fed Stan Fed
BEGINNING BANK BALANCE - - -
RECEIPTS 3,870,677 0 -
TRANSFERS IN (CORPORATE) - 1,388,254 383,750
DISBURSEMENTS - (1,388,254) (383,750)
TRANSFERS OUT (CORPORATE) (3,870,677) - -
---------- ----------- -----------
ENDING BANK BALANCE - 0 -
MATERIALS & OTHER DISBURSEMENTS PAID FOR BY CORPORATE 800,428
CHECKS ISSUED 924,012
PAYROLL DISBURSED (INCLUDES PAYROLL PAID BY CORPORATE) 912,003
CORPORATE DEBIT MEMOS 5,434
-----------
TOTAL DISBURSEMENTS (SEE TOTAL DISBURSEMENTS RECONCILIATION) $ 2,641,876
===========
OUTSTANDING CHECKS AS OF JULY 31 391,501
VOIDED CHECKS OUTSTANDING AS OF JULY 31 (677)
CHECKS ISSUED DURING AUGUST 924,012
CHECKS CLEARED DURING AUGUST (1,287,803)Excludes $ 100,450 of Putnam Ach's.
-----------
OUTSTANDING CHECKS AS OF AUGUST 31 (SEE OUTSTANDING CHECKLIST) $ 27,032
===========
TOOL PRODUCTS, INC. (MINNEAPOLIS) CASE NO. 04-67610
CASH DISBURSEMENTS
AUGUST 2005
VENDOR TOTAL DISBURSEMENTS
- ------------------------------------------ -------------------
ABRASIVE SPECIALISTS $ 2,473.46
ACCOUNTEMPS 4757.98
Ace Insurance 3106.07
ADAMS NUT & BOLT COMPANY 367.34
ADAMS PEST CONTROL INC 68.75
ADVANTAGE ENG. 385.6
AIR ENGINEERING & SUPPLY 351
AIR POWER EQUIPMENT CORP 1433.22
AIRPORT & AIRLINE TAXI-CAB 66.5
ALLIED WASTE SERVIES #899 702.92
ARDENT PARTNERS 305.66
ARROW CRYOGENICS 48620.59
ASI DATAMYTE, INC. 303.9
ASSOCIATED BAG COMPANY 912.4
AT&T 147.12
AUTOMATION INC 725.36
AVTEC FINISHING SYSTEMS,INC. 423.28
BEAR ROCK CAFE 95.09
BOHLER UDDEHOLM CORP. 4419.88
BOYER FORD 854.96
BRAAS COMPANY 41.85
BRACH MACHINE INC 1749.89
BRUMUND FOUNDRY INC. 240
BUHLER INC 40211.05
C C DAY COMPANY 614.77
CADD/ENGINEERING SUPPLY, INC. 152.19
CAROLYN HARMS 35.45
CENTENNIAL CARBIDE 64.23
CENTERPOINT ENERGY MARKETING 44016.56
CENTRAL CONTAINER CORP 22397.06
CHEM TREND LIMITED PARTNERSHIP 23411.11
CINDY MANCUSO 608.52
CITY OF NEW HOPE 7649.83
CMW 13513.57
CONCEPT MACHINE TOOL 67.18
CORY MILLER 124.88
CROWLEY & ASSOCIATES 8278
CROWN MARKING INC 138.93
CULLIGAN METRO 557.62
D M E CORP 1837.82
DALBEC ROOFING 813.19
DECO TOOL SUPPLY COMPANY 7750.81
DEPARTMENT OF SOCIAL SERVICES 150.44
DIEMER ASSOCIATES INC 14546.63
DOODY MECHANICAL SERVICE 3157.93
DUNCAN COMPANY 1431.95
DWAYNE VOSS 193.17
DYNAMEX 484.21
E & E SPECIAL PRODUCTS 228.77
ECO FINISHING 10512.32
EDM SALES & SUPPLIES 1223.7
EDP ENGINEERING GROUP 21348.4
EMPLOYERS ASSC. 782.58
ENERGY CONSERVATION CONSULTANT 495
ENGINEERED PRODUCTS DIVIS 33585.82
ENTEGEE/ADVANCE POSSIS 4157.85
FAMILY SUPPORT PAYMENT CENTER 202.16
FASTENAL COMPANY 4973.1
FED EX FREIGHT 501.01
FERRELLGAS 1229.44
FIREBRICK ENGINEERING 1114.29
FOUR SEASONS FLORAL & GIFTS 137.18
FRANCI AMES 1202.56
FREEDOM FINISHING 302.4
FRISBY P.M.C. 15026.49
GE CAPITAL FLEET SERVICES 1517.55
GERARD DUNNE 109.32
GOPHER ELECTRONICS CO 87.3
TOOL PRODUCTS, INC. (MINNEAPOLIS) CASE NO. 04-67610
CASH DISBURSEMENTS
AUGUST 2005
VENDOR TOTAL DISBURSEMENTS
- ------------------------------------------ -------------------
GRAYBAR ELECTRIC 153.88
HALES MACHINE TOOL 122.5
HARTFIEL COMPANY 372.51
HEGMAN MACHINE TOOL INC 926.99
HERITAGE AUTO BODY, INC. 435
HEX GRAPHICS INC. 210.34
HIGH CALIBER SERVICES 9331.88
HILDRETH 1914.05
HILL INDUSTRIAL TOOLS 1393.05
HOLIDAY CREDIT OFFICE 972.79
HOSE/CONVEYORS INCORPORATED 377.76
IBM CORP 3331.74
IKON FINANCIAL SERVICES 283.45
IMPRINT ENTERPRISES 231.66
INDUSTRIAL FLOOR MAINT 792.36
INDUSTRIAL HYDRAULIC SERVICE 3366.16
INDUSTRIAL SUPPLY COMPANY 70.06
INSTITUTE OF BUS. PUBLICATIONS 138
INTERNATIONAL SURFACE PREPARAT 71.57
INTERNET INC. 323.79
IRON AGE PROTECTiVE CO 75.95
J & W INSTRUMENTS, INC. 1650.88
JAKE RHINES 3337.5
JAMES TROUT MACHINE 1994
JANET OMERNIK 732.51
JEFF BRANDT 198.68
JEFF JOHNSON 12271.52
JESCO INDUSTRIAL SUPPLIES 63.46
JOHN HENRY FOSTER CO 914.45
JOHN PETERZEN 23.42
KENNETH ETZLER 241.61
KILLMER ELEC CO INC 4321.66
KIRSTEN MULARKY 400
KODIAK ENGINEERING,INC 1017.9
L & S ELECTRIC INC 1419.22
LAKELAND ENG 720.31
LAKEVIEW POLISHING 290.6
LARRY SCHWEBACH 1126.98
LAUREL LASHUAY 1500
LEEF BROS INC 7481.7
LOUIS HALLMARK 76.26
LUBE TECH 1339.19
LYN HELLAND 1541.55
MACHINE TOOL SUPPLY INC 212.94
MAGNA-TECH 1864.16
MAKRITE PARTS 3330.6
MANPOWER 1017.75
MARDON CONTROL SYSTEMS, INC. 81.99
MARILYN DAVIS 52.95
MARK JOHNSON 153.19
MARODI INC 249.37
MARS WP & RS 109.45
MARSHALL NELSON & ASSOC 164.54
MARUDAS BUSINESS FORMS CO 160.82
MATT HANKEN 1601.79
MATUSHAK LEON 339.78
MAZAK CORPORATION 1149.95
MCMASTER CARR SUPPLY CO 1576.51
Mercer 736
Mercer 1524
METAL MECHANICS, INC. 145.97
METAL TREATERS INC 14083.06
METALMATIC 34725.01
MICRO-WELD 764
MID STATE FABRICATING INC 188.87
MIDWEST MACHINE TOOL 668.58
MINN CHILD SUPPORT PAYMENT CTR 9057.65
Minneapolis Payroll (Includes Disb By Corp) 912003.25
MINNESOTA DEPT OF REVENUE 548.63
TOOL PRODUCTS, INC. (MINNEAPOLIS) CASE NO. 04-67610
CASH DISBURSEMENTS
AUGUST 2005
VENDOR TOTAL DISBURSEMENTS
- ------------------------------------------ -------------------
MINNESOTA GLOVE INC 60.07
MO TECH CORP 1852.5
MW SERVICE 1025.17
NATIONAL SEMINARS GROUP 179
NEW DIMENSION PLATING 3808.28
NORANDA ALUMINUM 0
NORANDA ALUMINUM 0
NORMAN G JENSEN INC 380
NORTH SECOND STREET STEEL 276.03
NORTHERN SANITARY SUPPLY 179.77
NOVOTECHNIK U.S. INC 2482.65
OCCUPATIONAL MEDICINE 2137.5
OSI ENVIRONMENTAL 15815.23
OTHER ONE 778.91
P & H SERVICES INC. 976.24
P F C EQUIPMENT 681.06
PAM'S POLISHING 8180
PARK NICOLLET MEDICAL CTR 421
PAUL KARNOWSKI 58.69
PERSONNEL RESEARCH SERVICES 449
PINE BEND LANDFILL 64.95
PINNACLE ENGINEERING 3420
PIONEER METAL FINISHING 10065.06
PIRTEK PLYMOUTH 699.99
POSTAGE BY PHONE 2451.37
POWDER TECH 1419.84
POWER/MATION DIVISION 774.22
PRECISION POLISHING 3458
PRECISION SAW 338.7
PRO STAFF 3476.97
PROCESS MEASURMENT 777.78
PRODUCT ACTION INT. 1139.25
PRODUCTIVITY INC 2304.91
PRODUCTIVITY QUALITY INC 136.02
PROGRESSIVE BUSINESS PUBLIC. 253
PROGRESSIVE COMPONENTS 817.5
PROGRESSIVE ENGINEERING TECH 4038.7
PROLIFT SERVICES (USE V-1275) 825.78
Provident Life 67.47
QUAD STEEL 2250
QUEST ENGINEERING INC 1404.57
QUICKWAY RIGGING AND 8293.19
RAMCO PRODUCTS INC. 490.97
RAY DAY 949.15
RELIASTAR BANKERS 1339.32
RELIASTAR LIFE INSURANCE CO. 5471.96
REPLENEX (A-1 CUTTING TOOLS) 605.75
RICE INDUSTRIES 5020.9
RICK KRAMBER 29.75
RIMROCK CORP 3807.27
ROTO ROOTER 333.5
RYER FOOD 2494.4
S & T OFFICE PRODUCTS INC 1353.17
SEMCO INC 496.89
SHAD NELSON 1907.29
SIR SPEEDY 69.43
SKARNES INC 60.61
SPECTRO ALLOYS CORP 594807.24
SPECTRUM INDUSTRIES 21891.49
SPHERION 162205.71
SPRAY RITE INC 0
SPRAY RITE INC 85807.74
STAR TRIBUNE 6799.25
STEVE COREY 39.62
STORK-TWIN CITY TESTING CORP 215.28
STREET FLEET 22.68
SUB-MEX 62940.44
TEMPLE-INLAND 9357.9
THE BRADLEY GROUP 693
TOOL PRODUCTS, INC. (MINNEAPOLIS) CASE NO. 04-67610
CASH DISBURSEMENTS
AUGUST 2005
VENDOR TOTAL DISBURSEMENTS
- ------------------------------------------ -------------------
TILSNER CARTON CO. 7596.15
TOLL COMPANY 1788.4
TOOLING ASSOCIATES 919.76
TOOLING SCIENCE/C&D TOOL INC. 1485
TOSHIBA MACHINE COMPANY 587.88
Toyota Tushu 44850
TOYOTA-LIFT OF MINNESOTA 33.15
TPC WIRE AND CABLE 305.77
TPS INTERNATIONAL 771.7
TRANS-MAN LOGISTICS, INC. 74962.99
TRU-TONE FINISHING 3996
TULL BEARINGS CO 607.5
TWIN CITY OPTICAL CO., INC. 355.13
TYCO 118.19
UNION WELDING MACHINE CO 2741.21
UNITED ELECTRIC CORP 9766.33
UNITED STATES TREASURY 400.87
UNITED STATES TREASURY 200
UNUM LIFE INS. CO. OF AMERICA 8756.93
UNUM LIFE INS. CO. OF AMERICA 1248.8
USF HOLLAND INC. 0
VEKTEK INC 89.46
VERIZON WIRELESS 364.69
VERSA IRON & MACHINE 946
VIKING AUTOMATIC SPRINKLER CO 631
VRS MARKING 70.35
W W GRAINGER INC 655.73
WALTER HAMMOND CO 237.85
WESTERN CONTAINER CO. 234.3
WESTMAN SERVICE 407.37
WEYERHAEUSER 40
WIRE WORX 1510
WISCONSIN SCTF 202
-------------------
$ 2,641,876.45
TOOL PRODUCTS, INC.
CASE NO. 04-67610
AT 8/31/05
MINNEAPOLIS - BANK RECONCILIATION
Bank Balance -
Actual Outstanding Checks $ 27,031.77
Unadjusted GL Balance 27,031.77
-----------
Difference $ -
===========
TOOL PRODUCTS, INC.
CASE NO. 04-67610
MINNEAPOLIS
OUTSTANDING CHECK LIST
CASE NO. 04-67610
DATE CHECK OUTSTANDING
5/26/05 500923 192.32
6/3/05 501115 96.29
6/15/05 501251 427.70
6/20/05 501360 400.00
6/28/05 501492 6.79
7/14/05 501727 109.32
7/14/05 501728 188.10
7/14/05 501777 20.00
7/21/05 501893 19.01
7/28/05 501994 178.00
8/4/05 502140 153.19
8/11/05 502259 1,248.24
8/11/05 502282 29.87
8/11/05 502304 490.97
8/16/05 502338 546.60
8/16/05 502339 731.90
8/17/05 502343 699.99
8/18/05 502378 1,541.55
8/18/05 502401 61.77
8/18/05 502406 35.32
8/22/05 502439 164.54
8/22/05 502440 237.85
8/23/05 502442 71.57
8/23/05 502445 72.00
8/25/05 502447 1,316.90
8/25/05 502452 147.12
8/25/05 502457 67.18
8/25/05 502462 37.61
8/25/05 502472 732.51
8/25/05 502476 339.78
8/25/05 502478 55.00
8/25/05 502486 2,451.37
8/25/05 502497 919.76
8/25/05 502501 100.87
8/25/05 502502 50.00
8/25/05 502503 8,756.93
8/25/05 502504 1,248.80
8/25/05 502505 364.69
8/26/05 502507 98.60
8/26/05 502509 1,837.82
8/26/05 502512 452.57
8/31/05 502514 331.37
27,031.77
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: AUGUST 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: SEPTEMBER 23, 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
& 6/22/05-12/22/05
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 AUGUST 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: SEPTEMBER 23, 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 8-31-05
($000's)
Intermet Corporation Consolidated
CASE #04-67614
WAGNER
CASTINGS
----------------------------------
Current Month Total Since Filing
------------- ------------------
Net Sales 5,167 56,106
Cost of Goods Sold
Materials and Freight 430 10,354
Wages - Hourly 731 7,902
Wages-Salary 291 3,746
Employee Benefits and Pension 963 12,627
Repairs & Maintenance 27 2,387
Supplies 310 3,086
Utilities 115 4,167
Purchased Components/Services 816 8,448
Income(loss) from Pattern Sales (6) (91)
Fixed Asset - (gain/loss) - -
MIS Expense 55 491
Travel & Entertainment 3 31
Other Variable Costs 339 822
Depreciation & Amortization 168 2,370
Other Allocated Fixed Costs - (5)
Other Fixed Costs 81 1,686
------- -------
Cost of Goods Sold 4,323 58,021
Gross Profit 844 (1,915)
Plant SG&A Expense 10 180
SG&A Expense - Allocation (Sched 1) 191 2,059
Other Operating Expenses 1,143 6,881
------- -------
Total Operating Expenses 1,344 9,120
Operating Profit (500) (11,035)
Outside Interest Income - -
Outside Interest (Expense) - -
Intercompany Interest Income - -
Intercompany Interest (Expense) (121) (1,086)
Charges (From) Affiliates - -
Charges To Affiliates - -
Gain/(Loss) On Sales Of Assets - 83
Outside Dividend Income - -
Foreign Exchange Gain/(Loss) - -
Income/Loss From European Operations - -
Other Income/(Expense) - (2)
------- -------
Total Non-Operating Expenses (121) (1,005)
Income Before Income Taxes (621) (12,040)
Income Tax Expense - -
------- -------
Net Income (621) (12,040)
======= =======
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs August
(Allocation of Corporate Costs to Filing Entities)
(000's)
August
-------
Officer Compensation $ 189
Salary Expense other Employees 949
Employee Benefits and Pension 111
Payroll Taxes 53
Other Taxes 9
Rent and Lease Expense 191
Interest Expense
Insurance 54
Automobile and Truck Expense 10
Utilities(Gas Electric,Phone) 42
Depreciation 87
Travel and Entertainment 99
Repairs and Maintenance 36
Advertising/Promotion 5
Supplies, Office Expense 22
OTHER:
Contributions 0
Professional Fees - Audit/Tax 350
Bank Fees 23
Public Reporting Fees (80)
Employee Relocation/Training 1
Data Processing 15
Dues and Subscriptions 12
Outside Services 156
Project Development Costs net of Billings 21
Director Fees 25
Miscellaneous 2
Legal Fees 0
Cost Allocation - Europe (78)
Cost Allocation - Out (186)
-------
$ 2,118
=======
Allocation:
Wagner Castings 191
Northern Castings 51
Ironton Iron 0
Lynchburg Foundry 193
Columbus Foundry 313
Wagner Havana 0
Intermet U.S. Holdings 261
Cast-Matic Corp. 82
Diversified Diemakers 257
Ganton Technologies 168
Tool Products 137
Corporate 465
-------
Total $ 2,118
=======
Intermet Corp. and Subsidiaries
Balance Sheet as of 08-31-05
($000's)
CASE #04-67614
--------------
WAGNER
CASTINGS
--------------
Cash And Equivalents $ 1
Accounts Receivable 7,340
Short-Term Intercompany Receivables -
Inventories 7,761
Other Current Assets 115
--------
TOTAL CURRENT ASSETS 15,217
Land and Buildings 2,412
Machinery & Equipment 57,427
Construction In Progress 782
--------
Total Fixed Assets 60,621
Accumulated Depreciation (53,203)
--------
NET FIXED ASSETS 7,418
Investment In Subsidiaries -
Investment In European Operations -
Long-Term Intercompany Receivables -
Deferred Taxes, Long-Term Asset -
Other Assets 122
--------
TOTAL ASSETS $ 22,757
========
LIABILITIES AND SHAREHOLDER EQUITY
POST PETITION LIABILITIES
Accounts Payable $ 1,198
Wages and Salaries (See schedule) 2,116
Taxes Payable - (See schedule) 288
--------
TOTAL POST PETITION LIABILITIES 3,602
SECURED LIABILITIES:
SECURED DEBT -
PRE-PETITION LIABILITIES:
Taxes and Other Priority Liabilities:
Accrued Income Taxes -
Accrued Tax - State -
Accrued Property Taxes -
Accrued Workers Comp 1,232
Accrued Payroll 14
Accrued Payroll Taxes -
--------
TOTAL TAXES AND OTHER PRIORITY LIABILITIES 1,246
UNSECURED LIABILITIES
Accounts Payable 6,291
Senior & IDR Bonds -
--------
TOTAL UNSECURED LIABILITIES 6,291
OTHER LIABILITIES
Accrued Liabilities 998
Short-Term Intercompany Payables 43
Retirement Benefits 932
Deferred Taxes - Long-Term Liability -
Other Long-Term Liabilities -
Long-Term Intercompany Payables 4,940
Minority Interest -
--------
TOTAL LIABILITIES 18,052
Common Stock -
Capital In Excess Of Par Value 17,027
Retained Earnings - Prepetition (282)
Retained Earnings - Post Petition (12,040)
Equity In European Operations
Accumulated Translation Adjustment -
Minimum Pension Liability Adjustment -
Unearned Restricted Stock -
--------
TOTAL SHAREHOLDER EQUITY 4,705
--------
TOTAL LIABILITIES AND EQUITY $ 22,757
========
PERIOD ENDED: 08-31-05 WAGNER CASTINGS COMPANY CASE #04-67614
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
07-31-05 Withheld Deposits 08-31-05
----------- ----------- ----------- -----------
Income tax withheld: Federal ($ 67,541) ($ 186,374) $ 118,837 ($ 135,078)
Income tax withheld: State 0 (31,016) 31,016 0
Income tax withheld: Local 0 0 0 0
FICA Withheld (2,043) (165,036) 165,937 (1,142)
Employers FICA (14,004) 0 0 (14,004)
Unemployment Tax: Federal (5) (107) 94 (18)
Unemployment Tax: State (408) (2,310) 2,438 (280)
All Other Payroll W/H (5,368) (86,278) 83,236 (8,411)
State Taxes: Inc./Sales/Use/Excise (50) 50 (0) (0)
Property Taxes (37,458) (40,846) 22,371 (55,934)
Workers Compensation 58,540 (194,906) 63,847 (72,519)
----------- ----------- ----------- -----------
Total ($ 68,338) ($ 706,823) $ 487,775 ($ 287,386)
Wages and Salaries (1,392,426) (1,599,105) 875,237 (2,116,294)
----------- ----------- ----------- -----------
Grand Total ($1,460,763) ($2,305,928) $ 1,363,012 ($2,403,680)
=========== =========== =========== ===========
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 $1,197,611 $1,197,611 $ 0 $ 0
Accounts Receivable -Pre & Post $9,083,800 $6,015,870 $ 373,394 $2,694,535
INTERMET CORPORATION AND SUBSIDIARIES
CASH ACTIVITY ANALYSIS: MONTHLY CASH STATEMENT
MONTH ENDED 8/31/2005
CASE # 04-67614
WAGNER CASTINGS (DECATUR)
ACCOUNT TYPE DEPOSIT AP PR (HOURLY) PR (SALARY)
ACCOUNT # 5401086433 2770716518 2770716500 2770716666
BANK Stan. Fed. Stan. Fed. Stan. Fed. Stan. Fed.
BEGINNING BANK BALANCE - - - -
RECEIPTS 4,349,066 0 - -
TRANSFERS IN (CORPORATE) - 1,924,460 232,875 10,523
DISBURSEMENTS - (1,924,460) (232,875) (10,523)
TRANSFERS OUT (CORPORATE) (4,349,066) - - -
----------- ------------ -------- -----------
ENDING BANK BALANCE - - - -
MATERIALS & OTHER DISBURSEMENTS PAID FOR BY CORPORATE 1,484,004
CHECKS ISSUED 1,865,265
PAYROLL DISBURSED (INCLUDES PAYROLL PAID BY CORPORATE) 1,006,055
CORPORATE DEBIT MEMOS 49,782
-----------
TOTAL DISBURSEMENTS (SEE TOTAL DISBURSEMENTS RECONCILIATION) $ 4,405,106
===========
OUTSTANDING CHECKS AS OF JULY 31 360,244
VOIDED CHECKS OUTSTANDING AS OF JULY 31 (3,364)
CHECKS ISSUED DURING AUGUST 1,865,265
CHECKS CLEARED DURING AUGUST (1,924,460)
-----------
OUTSTANDING CHECKS AS OF AUGUST 31 (SEE OUTSTANDING CHECKLIST) $ 297,685
===========
WAGNER CASTINGS, INC. CASE NO. 04-67614
CASH DISBURSEMENTS
AUGUST 2005
VENDOR TOTAL DISBURSEMENTS
- ------ -------------------
ABB INC $ 2,704.00
ACCOUNTEMPS 11,165.37
ACCU-SORT INC 960.00
ADA JACKSON 440.00
ADECCO 9,435.60
AETNA US HEALTHCARE 17,969.70
AIR LIQUIED INDUSTRIAL US LP 9,109.57
ALLIED ELECTRONICS INC 155.53
AMERENIP 388,863.42
ARAMARK UNIFORM SERVICES INC 1,585.96
ARCH WIRELESS 866.51
ARCHIE JOHNSON 440.00
ARTHUR G BYRNE CO INC 921.94
AT&T 52.34
BARR & BARR 181.90
BEARING DISTRIBUTORS INC 4,725.61
BENTONITE PERFORMANCE MINERALS 91,000.00
BETTY HAMILTON 440.00
BILLY SHINGLETON AND 4,909.87
BKD LLP 8,500.00
BLACK & CO #11 4,841.50
BODINE ELECTRIC OF DECATUR 458.80
BODINE ENVIRONMENTAL SERVICE 1,072.40
BOULEVARD PROPERTIES LLC 856.25
BOWMAN HEINTZ BOSCIA & VICIAN 82.37
BROWN HAWKINS BASOLA MATTING 206.82
Bruechert, Paul 37.13
BUEL COLE 440.00
BUSCHE ENTERPRISE DIVN INC 271,102.81
C A PICARD SURFACE ENG INC 1,942.50
C C FIRE EQUIPMENT CO INC 2,287.30
CABS R US INC 18.00
CANFIELD & JOSEPH INC 4,395.47
CATTRON THEIMEG INC (2,308.10)
CC METALS AND ALLOYS INC 21,605.81
CENT IL SURGERY CENTER 3,234.70
CENTRAL IL P T PROFESSIONALS 337.37
CHAMPION CHISEL WORKS INC 1,247.88
CHARLES BEDFORD OD/DEC EYECARE 168.02
CHARLES GRAVES 10,000.00
CHRIS INCORPORATED 1,000.00
CHRISTY-FOLTZ INC 3,128.61
CITY OF DECATUR 18,814.52
CLIMATE CONTROL 53,999.44
COLUMBUS MCKINNON CORP 956.00
CONNOR CO 217.67
CONTINENTAL CARBONIC PROD INC 473.72
CONWAY CENTRAL EXPRESS 260.01
COUGAR INDUSTRIES INC 2,709.16
CRI RECYCLING 582.00
D WAYNE COLLINS 420.00
DALE'S SOUTHLAKE PHARMACY 27.96
DAMON LEE 440.00
DAUBER COMPANY 29,592.00
DAVID RIGHTNOWAR 440.00
DE LAGE LANDEN FIN SERVICES 1,965.00
DECATUR AMBULANCE SERVICE 362.00
DECATUR BOLT CO INC 8.43
DECATUR EMERG MEDICAL SERV 294.00
DECATUR INDUSTRIAL ELECTRIC 339.11
DECATUR MDICAL DENTAL CR UNION 340.45
DECATUR MEMORIAL HOSPITAL 4,459.96
Decatur Payroll (Includes Disb By Corp) 1,006,055.13
DECATUR RADIOLOGY PHYS SC 466.00
DICKEY-JOHN NATIONAL SERVICE C 1,050.00
DISA INDUSTRIES INC 15,128.50
DMH MEDICAL EQUIPMENT 23.00
DONNELLY AUTOMOTIVE MACH INC 448.76
WAGNER CASTINGS, INC. CASE NO. 04-67614
CASH DISBURSEMENTS
AUGUST 2005
VENDOR TOTAL DISBURSEMENTS
- ------ -------------------
DYNAMIC AIR INC 985.67
ELKEM METALS INC 136,600.50
ENBRIDGE GAS SERVICES 29,509.05
ENGLEWOOD ELECTRIC 1,271.15
FAIRMONT MINERALS 5,741.25
FAMILY SUPPORT PAYMENT CENTER 371.35
FANNIE DAVIS 1,016.22
FIVE MORRS 121.45
FOSECO INC 6,069.48
FRANK REED 440.00
FRISBY PMC 213,469.90
G E CAPITAL 2,017.49
G G BARNETT TRANSPORT INC 1,687.03
G S ROBINS & CO 363.20
GE CAPITAL 642.02
GE INSPECTION TECHNOLOGIES 2,448.44
GERDAU AMERISTEEL 747.60
GLENN ZILLS 640.00
GRAINGER INC 502.46
GREGG OLDFIELD 286.32
GULLY TRANSPORTATION 6,675.02
HA INTERNATIONAL LLC 19,017.24
HAGERTY BROTHERS CO 4,017.21
HARBOR FREIGHT TOOLS 279.12
HARRY BOND 440.00
HARRY E HILLS & ASSOC 5,120.45
HASLER INC 210.00
HAWTHORN IND/JAMES J MAY 292.25
HICKMAN WILLIAMS & CO 3,180.00
HILLS SPORTS MEDICINE 2,760.00
HOLTGRIEVE & CO 6,173.69
HTE TECH 231.00
IL INDUSTRIAL COMMISSION 1,130.14
ILL STUDENT ASSISTANCE COMM 201.36
ILLINOIS DEPT OF REVENUE 63.00
ILLINOIS ENVIRONMENTAL 500.00
INDUSTRIAL PROCESS EQUIPMENT 353.97
INSIGHT 30.00
INSTRON CORPORATION 1,985.00
INTERNAL REVENUE SERVICE 487.50
IVORY CURRY 440.00
J C JELKS 440.00
J W ASSOCIATES INC 108.68
J.D. FINLEY 440.00
JAMES GAVIN 440.00
JAMES GREEN 440.00
JAMES JONES 836.45
JAMES REED 440.00
JEFF COCHRAN 1,099.58
JER INDUSTRIAL SERVICES LLC 778.35
JERRY SHERWOOD 440.00
Jesse White Sec of State 150.00
JMS HAND ASSOCIATES S.C 3,251.00
JOHN BAKER 800.00
JOHN C KEFALAS MDSC 172.80
JOHN H GERMERAAD - TRUSTEE 2,666.25
JOHN HENRY FOSTER CO 622.30
JOHN MULLINS AND 3,169.23
KANSAS PAYMENT CENTER 346.15
KENNETH E PRATT AND 10,000.00
KENT RUDBECK 300.00
KING-LAR CO 4,587.49
KIRBY RISK CORP 526.44
L & N INDUSTRIES INC 2,867.48
LAND OF LINCOLN CREDIT UNION 56,379.41
LARPEN METALLURGICAL SERVICE 34,567.13
LARRY BONNELL 440.00
LARRY HAYES 440.00
LARRY TURPIN AND 5,000.00
WAGNER CASTINGS, INC. CASE NO. 04-67614
CASH DISBURSEMENTS
AUGUST 2005
VENDOR TOTAL DISBURSEMENTS
- ----------------------------- -------------------
LEVOY REED 440.00
LINCO REFRACTORY SUPPLY INC 2,102.40
LOAN COMPANY 304.42
LOCAL #6-728 PACE 5,512.60
LOUIS THOMAS 440.00
LYNN ZASADA 440.00
M H EQUIPMENT 51.14
M H EQUIPMENT CORP 809.59
MAC EQUIPMENT INC 719.77
MACIOROWSKI SACKMANN & ULRICH 18,855.95
MACK MOORE SHOE CO INC 100.01
MACON COUNTY COLLECTOR 22,370.62
MADISON GLENN 97.19
MARSHALL F BRUSTEIN 75.00
MARTIN BROS CONTAINER & 15,393.60
MARTIN BRUMETT 7,012.47
MARVIN BRANDT 440.00
MARVIN KELLER TRUCKING 400.00
Mercer 13,149.00
Mercer 19,721.00
Mercer 16,591.00
METOKOTE CORP 28,093.61
MICRO TEK PATTERN INC 13,500.00
MIDWEST CREDIT & COLLECTION 1,236.85
MORGAN DISTRIBUTING INC 4,923.55
MORGAN EXPRESS INC 52,145.36
MOTION INDUSTRIES INC 1,147.52
NATIONAL CITY BANK 18,168.63
NATIONAL CITY BANK OF MI/IL 2,000.00
NEAL TIRE & BATTERY 360.27
NOBLE SALES INC 2,034.99
NORFOLK SOUTHERN RAILWAY CO 930.00
OHMART INT. DIV OF OHMART VEGA 2,977.32
OMNISOURCE FT WAYNE FERR DIV 979,801.68
ONYX WASTE SERVICES MIDWEST 42,787.24
PEERLESS METAL POWDERS 30,096.00
PERFECT WINDOW CLEANERS 2,929.77
PERFECTION SERVO HYDRAULIC 284.00
PETTY CASH 444.85
PHILLIP DANNEWITZ 440.00
PRAIRIE IDEALEASE 1,449.18
PRIMETRADE 171,080.02
Provident Life 81.25
QUALITY TEAM 1 4,325.70
RADIOLOGICAL ASN OF DECATUR 34.00
RECORD COPY SERVICES 79.75
REFRACTORY SALES & SRV CO INC 6,448.00
REGIONS MORGAN KEEGAN TRUST 5,300.00
RENEE HADDEN 300.00
RENTAL SERVICE CORP 1,366.80
RICHARD COLE 440.00
RICK WALLACE 1,012.15
ROBERTS SINTO CORP 1,142.85
ROGER L ECHELMEIER CO 51.00
ROLAND MABRY 440.00
RYAN EQUIPMENT & SUPPLY 173.90
S J SMITH WELDING SUPPLY 32,749.22
SAFETY-KLEEN CORP 58,308.02
SAFEWORKS 75.90
SAFEWORKS-IL OF COLES COUNTY 515.60
SBC 1,468.45
SBC GLOBAL SERVICES INC 1,998.20
SCHMOLDT & DANIELS MASONARY 4,621.00
SEBENS CONCRETE PRODUCTS INC 35.00
SECURITAS SEC SVCS USA INC 10,027.85
SHERRI GRIMES 2,600.10
SIMPSON TECHNOLOGIES 256.00
SPRINGFIELD ELECTRIC 8,764.18
STAR CATERING 7,406.00
WAGNER CASTINGS, INC. CASE NO. 04-67614
CASH DISBURSEMENTS
AUGUST 2005
VENDOR TOTAL DISBURSEMENTS
- ----------------------------- -------------------
STERICYCLE INC 115.33
STONE CONTAINER CORP 31,532.05
STRIGLOS OFFICE EQUIPMENT 1,392.93
STUART BAKER MD 71.25
SUNBELT RENTALS 4,231.50
T/CCI MANUFACTURING LLC 12,031.00
TEAM COOPERHEAT MQS 3,120.00
TENNECO AUTOMOTIVE 3,616.54
THOMAS H BOWDRE 440.00
TORUS MACHINING 23,809.52
TRACY CAUSEY 71.57
TRANSMAN 31,618.12
TYCO VALVES AND CONTROLS 648.24
TYDUS GREEN 440.00
U S DEPARTMENT OF EDUCATION 349.23
U S HARDWOOD PRODUCTS 15,792.32
UNITED WAY OF DEC & MID-IL 991.00
VERIZON WIRELESS 878.93
VESUVIUS USA 9,216.00
WALGREENS TREASURE DEPARTMENT 47.58
WALZ EQUIPMENT 4,124.85
WARD NORTH AMERICA INC 3,196.00
WATTS COPY SYSTEMS INC 2,288.11
WHEELABRATOR 699.50
WI SCTF 480.00
WILLIAM A KIBBE & ASSOC INC 1,755.00
WILLIAM WALKER 440.00
WINGATE INN 2,167.99
WORKING RX 46.93
WORKING RX 41.81
WORKSAFE ILLINOIS 100.00
X-R-I TESTING DIV 6,504.00
ZEP MFG CO 249.19
--------------
$ 4,405,106.06
DECATUR
CASE # 04-67614
AT 8/31/05
DECATUR - BANK RECONCILIATION
Bank Balance $ -
Actual Outstanding Checks 297,685.23
Actual Outstanding Payroll Checks 52,983.48
Misc Reconciling Items Adjusted in September. (152.60)
----------
350,516.11
Unadjusted GL Balance 350,516.11
----------
Difference $ -
==========
DECATUR
OUTSTANDING CHECKS
CASE # 04-67614
DATE CHECK OUTSTANDING
12/2/04 116677 6,798.97
2/3/05 118066 187.28
1/31/05 119539 3,128.97
6/3/05 121363 41.06
7/5/05 121973 5,514.22
8/5/05 122561 921.60
8/8/05 122629 5,000.00
8/12/05 122703 4,136.40
8/19/05 122801 782.46
8/19/05 122811 1,123.78
8/19/05 122816 108.68
8/19/05 122824 1,366.80
8/22/05 122840 575.12
8/24/05 122861 165.42
8/24/05 122863 622.20
8/24/05 122864 250.00
8/24/05 122875 1,064.22
8/24/05 122879 756.68
8/24/05 122883 127.51
8/24/05 122886 555.97
8/24/05 122890 3,949.44
8/24/05 122904 648.24
8/24/05 122909 100.00
8/26/05 122930 4,477.50
8/26/05 122932 563.25
8/26/05 122933 747.60
8/26/05 122934 53.86
8/26/05 122935 259.45
8/26/05 122937 507.01
8/26/05 122938 367.50
8/26/05 122940 671.41
8/26/05 122946 639.25
8/26/05 122950 3,120.00
8/29/05 122964 1,983.52
8/29/05 122965 960.00
8/29/05 122966 4,377.60
8/29/05 122967 2,788.31
8/29/05 122968 508.80
8/29/05 122969 555.68
8/29/05 122970 1,942.50
8/29/05 122971 2,000.00
8/29/05 122972 250.00
8/29/05 122973 18,814.52
8/29/05 122974 590.00
8/29/05 122978 2,017.49
8/29/05 122979 1,985.00
8/29/05 122982 15,393.60
8/29/05 122984 2,977.32
8/29/05 122986 4,325.70
8/29/05 122987 262.33
8/29/05 122988 4,621.00
8/29/05 122990 5,851.41
8/29/05 122992 9,534.00
8/29/05 122993 4,664.88
8/29/05 122994 30,514.02
8/29/05 122995 54,898.27
8/31/05 123002 234.08
8/31/05 123003 366.59
8/31/05 123004 562.80
8/31/05 123005 23.00
8/31/05 123006 168.81
8/31/05 123007 1,037.26
8/31/05 123009 73.27
8/31/05 123010 338.74
8/31/05 123013 22,123.81
8/31/05 123014 363.20
8/31/05 123017 396.80
8/31/05 123018 1,060.00
8/31/05 123019 181.00
8/31/05 123020 231.00
8/31/05 123021 500.00
8/31/05 123022 167.29
8/31/05 123023 69.23
8/31/05 123024 556.27
8/31/05 123025 11,928.08
8/31/05 123026 7,980.00
8/31/05 123027 2,102.40
8/31/05 123030 11,096.69
8/31/05 123031 4,447.98
8/31/05 123032 103.56
8/31/05 123034 974.97
8/31/05 123035 100.00
8/31/05 123036 51.00
8/31/05 123037 981.98
8/31/05 123038 1,410.43
8/31/05 123039 4,066.00
8/31/05 123040 2,497.00
8/31/05 123041 95.00
8/31/05 123042 249.19
297,685.23
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: AUGUST 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: SEPTEMBER 23, 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
& 6/22/05-12/22/05
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 AUGUST 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: SEPTEMBER 23, 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 8-31-05
($000's)
CASE #04-67611
WAGNER
HAVANA
--------------------------------------
Current Month Total Since Filing
------------- ------------------
Net Sales - -
Cost of Goods Sold
Materials and Freight - -
Wages - Hourly - -
Wages-Salary - -
Employee Benefits and Pension 33 535
Repairs & Maintenance - -
Supplies - 50
Utilities 10 63
Purchased Components/Services - (1)
Income(loss) from Pattern Sales - -
Fixed Asset - (gain/loss) - -
MIS Expense - 1
Travel & Entertainment - -
Other Variable Costs 1 85
Depreciation & Amortization - -
Other Allocated Fixed Costs - -
Other Fixed Costs 15 222
--- ------
Cost of Goods Sold 59 955
Gross Profit (59) (955)
Plant SG&A Expense - -
SG&A Expense - Allocation (Sched 1) - -
Other Operating Expenses - 4,895
--- ------
Total Operating Expenses - 4,895
Operating Profit (59) (5,850)
Outside Interest Income - -
Outside Interest (Expense) - -
Intercompany Interest Income - -
Intercompany Interest (Expense) - (5)
Charges (From) Affiliates - -
Charges To Affiliates - -
Gain/(Loss) On Sales Of Assets 188 188
Outside Dividend Income - -
Foreign Exchange Gain/(Loss) - -
Income/Loss From European Operations - -
Other Income/(Expense) - 232
--- ------
Total Non-Operating Expenses 188 415
Income Before Income Taxes 129 (5,435)
Income Tax Expense - -
-
--- ------
Net Income 129 (5,435)
=== ======
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs August
(Allocation of Corporate Costs to Filing Entities)
(000's)
August
-------
Officer Compensation $189
Salary Expense other Employees 949
Employee Benefits and Pension 111
Payroll Taxes 53
Other Taxes 9
Rent and Lease Expense 191
Interest Expense
Insurance 54
Automobile and Truck Expense 10
Utilities(Gas Electric,Phone) 42
Depreciation 87
Travel and Entertainment 99
Repairs and Maintenance 36
Advertising/Promotion 5
Supplies, Office Expense 22
OTHER:
Contributions 0
Professional Fees - Audit/Tax 350
Bank Fees 23
Public Reporting Fees (80)
Employee Relocation/Training 1
Data Processing 15
Dues and Subscriptions 12
Outside Services 156
Project Development Costs net of Billings 21
Director Fees 25
Miscellaneous 2
Legal Fees 0
Cost Allocation - Europe (78)
Cost Allocation - Out (186)
------
$2,118
======
Allocation:
Wagner Castings 191
Northern Castings 51
Ironton Iron 0
Lynchburg Foundry 193
Columbus Foundry 313
Wagner Havana 0
Intermet U.S. Holdings 261
Cast-Matic Corp. 82
Diversified Diemakers 257
Ganton Technologies 168
Tool Products 137
Corporate 465
------
Total $2,118
======
Intermet Corp. and Subsidiries CASE #04-67611
Balance Sheet as of 08-31-05 WAGNER
($000's) HAVANA
Cash And Equivalents $ -
Accounts Receivable 710
Short-Term Intercompany Receivables -
Inventories 188
Other Current Assets -
-------
TOTAL CURRENT ASSETS 898
Land and Buildings 1,217
Machinery & Equipment 10,298
Construction In Progress -
-------
Total Fixed Assets 11,515
Accumulated Depreciation (9,661)
-------
NET FIXED ASSETS 1,854
Investment In Subsidiaries -
Investment In European Operations -
Long-Term Intercompany Receivables -
Deferred Taxes, Long-Term Asset -
Other Assets -
-------
TOTAL ASSETS $ 2,752
=======
LIABILITIES AND SHAREHOLDER EQUITY
POST PETITION LIABILITIES
Accounts Payable $ 7
Wages and Salaries (See schedule) -
Taxes Payable - (See schedule) 53
-------
TOTAL POST PETITION LIABILITIES 60
SECURED LIABILITIES:
SECURED DEBT -
PRE-PETITION LIABILITIES:
Taxes and Other Priority Liabilities:
Accrued Income Taxes -
Accrued Tax - State -
Accrued Property Taxes -
Accrued Workers Comp. 491
Accrued Payroll -
Accrued Payroll Taxes -
-------
TOTAL TAXES AND OTHER PRIORITY LIABILITIES 491
UNSECURED LIABILITIES
Accounts Payable 179
Senior & IDR Bonds -
-------
TOTAL UNSECURED LIABILITIES 179
OTHER LIABILITIES
Accrued Liabilities 1
Short-Term Intercompany Payables -
Retirement Benefits -
Deferred Taxes - Long-Term Liability -
Other Long-Term Liabilities -
Long-Term Intercompany Payables 7,888
Minority Interest -
-------
TOTAL LIABILITIES 8,619
Common Stock -
Capital In Excess Of Par Value 9,349
Retained Earnings - Prepetition (9,781)
Retained Earnings - Post Petition (5,435)
Equity In European Operations
Accumulated Translation Adjustment -
Minimum Pension Liability Adjustment -
Unearned Restricted Stock -
-------
TOTAL SHAREHOLDER EQUITY (5,867)
-------
TOTAL LIABILITIES AND EQUITY $ 2,752
=======
PERIOD ENDED: 08-31-05 WAGNER HAVANA CASE #04-67611
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
7/31/2005 Withheld Deposits 8/31/2005
--------- --------- ---------- ---------
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
State Taxes: Inc./Sales/Use/Excise 0 0 0 0
Property Taxes (89,844) (7,015) 43,442 (53,417)
Workers Compensation 0 0 0 0
-------- ------- ------- --------
Total ($89,844) ($7,015) $43,442 ($53,417)
Wages and Salaries 0 0 0 0
-------- ------- ------- --------
Grand Total ($89,844) ($7,015) $43,442 ($53,417)
======== ======= ======= ========
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 $7,024 $7,024 $0 $0
Accounts Receivable $ 0 $ 0 $0 $0
INTERMET CORPORATION AND SUBSIDIARIES
CASH ACTIVITY ANALYSIS:
MONTH ENDED 8/31/2005
MONTHLY CASH STATEMENT
CASE # 04-67611
WAGNER HAVANA
TOTAL DISBURSEMENTS (CORPORATE DEBIT MEMOS) $ 68,039
NOTES
Havana's payroll is consolidated with the Corporate payroll due to
immateriality.
Havana's disbursements are paid and allocated by Corporate.
Havana had no active bank accounts during the current month.
WAGNER HAVANA, INC. CASE NO. 04-67611
CASH DISBURSEMENTS
AUGUST 2005
VENDOR TOTAL DISBURSEMENTS
- -------------------------- -------------------
AMERENCIPS $ 15,343.93
CITY OF HAVANA 12.43
ILLINOIS SEC OF STATE 175.00
JESSE WHITE, SEC OF STATE 150.00
KEVIN STEWART 555.00
MASSON COUNTY COLLECTOR 43,441.56
SECURITAS 8,361.36
-----------
$ 68,039.28
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: AUGUST 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: SEPTEMBER 23, 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
& 6/22/05-12/22/05
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.