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 SEPTEMBER 30, 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.
/s/ Robert E. Belts
Dated: OCTOBER 20, 2005 ----------------------------------------
Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- --------------
Title Phone
Intermet Corp. and Subsidiaries
Operating Statement
For the Month Ended 9-30-05
($000's)
CASE # 04-67597
INTERMET
CORP(*)
---------------------
Current Total Since
Month Filing
------- -----------
Net Sales 49,793 633,396
Cost of Goods Sold
Materials and Freight 18,046 209,566
Wages - Hourly 8,370 103,182
Wages-Salary 2,334 31,192
Employee Benefits and Pension 4,935 67,573
Repairs & Maintenance 2,130 31,832
Supplies 2,759 33,853
Utilities 3,310 37,408
Purchased Components/Services 3,716 45,979
Income(loss) from Pattern Sales (166) 508
Fixed Asset - (gain/loss) -- (114)
MIS Expense 190 2,821
Travel & Entertainment 63 692
Other Variable Costs 1,568 24,675
Depreciation & Amortization 2,632 32,922
Other Allocated Fixed Costs 155 3,892
Other Fixed Costs 1,038 13,879
------ --------
Cost of Goods Sold 51,080 639,860
Gross Profit (1,287) (6,464)
Plant SG&A Expense 72 1,571
SG&A Expense - Allocation (Sched 1) 1,979 33,938
Other Operating Expenses 1,282 204,983
------ --------
Total Operating Expenses 3,333 240,492
Operating Profit (4,620) (246,956)
Outside Interest Income 5 475
Outside Interest (Expense) (2,153) (28,180)
Intercompany Interest Income 2,321 10,686
Intercompany Interest (Expense) (2,322) (10,685)
Charges (From) Affiliates (1,648) (19,450)
Charges To Affiliates 1,723 20,305
Gain/(Loss) On Sales Of Assets (3) 2,352
Outside Dividend Income -- --
Foreign Exchange Gain/(Loss) -- --
Income/Loss From European Operations 694 3,812
Other Income/(Expense) (2,399) (22,712)
------ --------
Total Non-Operating Expenses (3,782) (43,397)
Income Before Income Taxes (8,402) (290,353)
Income Tax Expense 162 969
------ --------
Net Income (8,564) (291,322)
====== ========
(*) 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
Corporate Selling, General and Administrative Costs Schedule 1
(Allocation of Corporate Costs to Filing Entities) September
(000's)
September
---------
Officer Compensation $ 189
Salary Expense other Employees 949
Employee Benefits and Pension (166)
Payroll Taxes 49
Other Taxes (1)
Rent and Lease Expense 203
Interest Expense
Insurance 54
Automobile and Truck Expense 11
Utilities(Gas Electric,Phone) 51
Depreciation 87
Travel and Entertainment 155
Repairs and Maintenance 40
Advertising/Promotion 0
Supplies, Office Expense 33
OTHER:
Contributions 0
Professional Fees - Audit/Tax 350
Bank Fees 0
Public Reporting Fees (100)
Employee Relocation/Training 5
Data Processing 25
Dues and Subscriptions 12
Outside Services 245
Project Development Costs net of Billings 19
Director Fees 25
Miscellaneous 1
Legal Fees 26
Cost Allocation - Europe (78)
Cost Allocation - Out (204)
------
$1,979
======
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 327
------
Total $1,979
======
Intermet Corp. and Subsidaries
Balance Sheet as of 09-30-05
($000's)
SEPTEMBER AUGUST
CASE # 04-67597 CASE # 04-67597
--------------- ---------------
INTERMET INTERMET
CORP (NOTE 1) CORP (NOTE 1)
--------------- ---------------
Cash And Equivalents $ 4,459 $ 4,341
Accounts Receivable 85,825 76,675
Short-Term Intercompany Receivables (3) (4)
Inventories 54,727 58,141
Other Current Assets 8,343 8,821
--------- ---------
TOTAL CURRENT ASSETS 153,351 147,974
Land and Buildings 111,968 111,963
Machinery & Equipment 391,852 392,934
Construction In Progress 12,165 10,734
--------- ---------
Total Fixed Assets 515,985 515,631
Accumulated Depreciation (334,173) (332,994)
--------- ---------
NET FIXED ASSETS 181,812 182,637
Investment In Subsidiaries (2) (2)
Investment In European Operations (Note #2) 85,981 86,352
Long-Term Intercompany Receivables 0 0
Deferred Taxes, Long-Term Asset 80 80
Other Assets 12,186 12,509
--------- ---------
TOTAL ASSETS $ 433,408 $ 429,550
========= =========
LIABILITIES AND SHAREHOLDER EQUITY
POST PETITION LIABILITIES
Accounts Payable $ 15,815 $ 11,424
Wages and Salaries (See schedule) 10,144 9,096
Taxes Payable - (See schedule) 8,702 7,932
--------- ---------
TOTAL POST PETITION LIABILITIES 34,661 28,452
SECURED LIABILITIES:
SECURED DEBT 213,107 200,889
PRE-PETITION LIABILITIES:
Taxes and Other Priority Liabilities:
Accrued Income Taxes 607 607
Accrued Tax - State (316) (316)
Accrued Property Taxes 0 0
Accrued Workers Comp. 7,611 8,325
Accrued Payroll 2,653 2,653
Accrued Payroll Taxes 0 0
--------- ---------
TOTAL TAXES AND OTHER PRIORITY LIABILITIES 10,555 11,269
UNSECURED LIABILITIES
Accounts Payable 62,944 62,932
Senior & IDR Bonds 177,000 177,000
--------- ---------
TOTAL UNSECURED LIABILITIES 239,944 239,932
OTHER LIABILITIES
Accrued Liabilities 35,120 36,456
Short-Term Intercompany Payables (1) (1)
Retirement Benefits 83,571 86,543
Deferred Taxes - Long-Term Liability (3,838) (3,838)
Other Long-Term Liabilities 3,362 3,207
Long-Term Intercompany Payables (1,544) (1,458)
--------- ---------
TOTAL LIABILITIES 614,937 601,451
Common Stock 2,608 2,608
Capital In Excess Of Par Value 36,276 36,276
Retained Earnings - Prepetition 8,831 8,831
Retained Earnings - Post Petition (294,878) (285,620)
Equity In European Operations 85,981 86,352
Accumulated Translation Adjustment 3,859 3,858
Minimum Pension Liability Adjustment (24,093) (24,093)
Unearned Restricted Stock (113) (113)
--------- ---------
TOTAL SHAREHOLDER EQUITY (181,529) (171,901)
--------- ---------
TOTAL LIABILITIES AND EQUITY $ 433,408 $ 429,550
========= =========
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
September operating reports.
Note 2
"Investment in European Operations" is net of $39,632 in September and $39,990
in August, 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: 09-30-05 CASE #04-67597
INTERMET CORPORATION
CORPORATE BOOKS ONLY - NO SUBS
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
As of 8/31/05 Withheld Deposits 9/30/05
------------- ---------- ---------- ------------
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 (29,218) (370,658) 314,190 (85,686)
State Taxes: Inc./Sales/Use/Excise (3,655,534) (45,080) 220,439 (3,480,175)
Federal 608,295 0 0 608,295
Property Taxes (13,069) 0 (1,600) (14,669)
Workers Compensation (497,282) 0 0 (497,282)
------------ ---------- -------- ------------
Total ($3,586,808) ($415,738) $533,029 ($3,469,517)
Wages and Salaries (4,298,374) (323,938) 990 (4,621,322)
------------ ---------- -------- ------------
Grand Total ($7,885,182) ($739,676) $534,019 ($8,090,839)
============ ========== ======== ============
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 $1,802,792 $1,802,792 $0
Accounts Receivable N/A
INTERMET CORPORATION AND SUBSIDIARIES
CASH ACTIVITY ANALYSIS:
Month Ended 9/30/2005
MONTHLY CASH STATEMENT
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 4,262,275 -- -- -- -- -- -- -- 3,110,036
RECEIPTS 14,476,928 183,614 -- -- -- -- -- -- 8,034
TRANSFERS IN 29,462,345 -- 1,813,808 640,276 56,141 46,809 5,647 66,688 --
DIP INFLOW 39,466,750 -- -- -- -- -- -- -- --
DISBURSEMENTS (28,488,845) (183,614) (1,813,808) (640,276) (56,141) (46,809) (5,647) (66,688) (29,045)
A A A A A A A
TRANSFERS OUT (26,888,970) -- -- -- -- -- -- -- --
DIP REPAYMENT (27,866,750) -- -- -- -- -- -- -- --
----------- -------- ---------- -------- ------- ------- ------ ------- ---------
ENDING BANK BALANCE 4,423,734 -- -- -- -- -- -- 3,089,025
Corporate Disbursements Paid for Corporate (Includes Corporate Payroll
of $1,023,683) 11,295,751 E
Material Wires Paid by Corporate on Behalf of Plants 16,163,720
Payroll Paid by Corporate on Behalf of Plants 1,873,980
-----------
Total Wires & Other Disbursements by Corporate (Excludes Corporate
Checks) 29,333,451 Sum of A
Corporate Checks Issued Pertaining to Corporate 1,453,327 E
Corporate Checks Issued Pertaining to Plants (Debit Memos) 377,919
-----------
Total Corporate Disbursements (See Total Disbursements Reconciliation) $31,164,697
===========
Outstanding Checks As of August 31 276,322
Voided Checks Outstanding as of August 31 --
Checks Issued During September 1,831,246
Checks Cleared During September (1,813,258) Excludes $550 for Payroll Tax Fees
-----------
Outstanding Checks as of September 30 (See Outstanding Checklist) $ 294,310
===========
Sum of E $ 12,749,078 REPESENTS TOTAL DISBURSEMENTS PERTAINING TO CORPORATE
INTERMET CORPORATE CASE # 04-67597
CASH DISBURSEMENTS
SEPTEMBER 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
A CUT ABOVE LANDSCAPE $ 1,100.00
ABC COKE 377,407.61
ACE AMERICAN INSURANCE CO. 140,548.86
AETNA U.S. HEALTHCARE 19,425.15
AIRGAS MID AMERICA 40.64
ALABAMA DEPT OF REVENUE 45.00
ALABAMA POWER 986.00
ALCAN ALUMINUM 386,931.60
ALCOA ALUMINUM 1,636,141.89
ALFE HEAT TREATING 241,095.56
ALLIED MINERAL PRODUCTS 63,616.12
ALLIED VAN LINES 9,631.32
ALTER TRADING 55,897.25
ALUAR ALUMINUM 125,352.76
ALUMINUM RESOURCES 3,567.30
AMACOR 138,600.00
AMERENCIPS 8,166.39
AMERICAN DIABETES ASSOCIATION 50.00
AMERICAN FOUNDRY SOCIETY 3,750.00
AMG, INC. 5,600.00
AMTECH INTERNATIONAL GROUP,LTD 38,286.00
ANDREWS, THOMAS 6,983.58
ANX EBUSINESS 3,456.00
APPALACHIAN POWER 1,869.83
ARCH CONSULTING ASSOCIATES 775.00
ASCOM HASLER 96.80
AT&T 2,541.51
B83 TESTING & ENGINEERING, INC 4,395.00
BEHR METALS 339,570.00
BELLSOUTH 2,341.95
BELTS, ROBERT 29.75
BENT TUBE INC. 741.07
BENTONITE PERFORMANCE MINERALS 64,875.00
BERNARD E. WALLACE, JR. 900.00
BERWYN GROUP, THE 815.00
B-H TRANSFER 15,139.99
BOWNE OF CHICAGO 47,998.00
BRUECHERT, PAUL 63.75
BRYANT'S TREE SERVICE 225.00
BSW, INC. 50.00
BUREAU OF NATIONAL 1,713.00
BURTON, GLEN 808.76
CACHEAUX, CAVAZOS & NEWTON 1,408.79
CARTER, ERIC 207.44
CCMA 171,459.43
CHICAGO SOFT 184.00
CINTAS CORPORATION 100.10
CITY OF HAVANA 9.42
CITY OF RADFORD 10,681.34
CLARK GRAPHICS INC. 1,401.32
CLIENT SERVICES-ECM 105.10
COLUMBUS WATER WORKS 260.20
COM ED 173.18
COMPUTER ASSOCIATES INTL INC 22,494.00
COMPUWARE CORP. 825.00
CONCENTRA MEDICAL CENTERS 68.50
COR SOLUTIONS, INC. 25,004.00
COX, MICHAEL 610.72
DALTON'S SERVICES, INC. 1,800.00
DANA 190,745.20
DATA TECHNOLOGY GROUP, INC. 6,275.00
DEAD SEA MAGNESIUM 130,098.96
DELL MARKETING L.P. 1,936.97
DEPARTMENT OF FINANICIAL 80.00
DILLIN DEVELOPMENT CORP. 1,560.00
DIMETEK 12,498.60
DME RR 97,079.59
DODSON PEST CONTROL 100.00
VENDOR TOTAL DISBURSEMENTS
------ -------------------
DONALD L. WOESSNER 1,018.41
DORSEY & WHITNEY LLP 1,383.54
DOYLE, PAT 1,041.66
DRUSCHITZ, ALAN P. 1,219.14
DUN & BRADSTREET 39.95
EASTERN ALLOYS, INC. 174,189.50
EDWIN B. BRANCH 16,831.97
EKK, INC. 2,400.00
ELKEM METALS, INC. 269,316.43
ENBRIDGE GAS SERVICES 24,677.92
ENTERPRISE FLEET SERVICES 11,674.51
EXEC-U-CARE 5,155.92
EXECUTIVE COFFEE SYSTEMS 421.12
FAHRNER, JOHN 385.76
FAIRMONT MINERALS 56,593.00
FEARS, HARDING 96.37
FEDERAL RESERVE BANK OF 550.00
FINANCIAL BALLOTING GROUP LLC 14,910.00
FIRE & SAFETY EQUIPMENT CO. 27.00
FOCAL COMM. OF MICHIGAN 478.49
FOSECO METALLURGICAL INC. 61,218.02
FRANCZUK, HELEN 23.25
G & H DIVERSIFIED MFG. 6,465.40
GARRETT, JOE 1,878.97
GE CAPITAL 19,512.14
GEORGIA DEPT OF REVENUE 170,000.00
GEORGIA POWER 4,255.17
GILLILAND, TIM 3,320.18
GLOBAL ENGINEERING DOCUMENTS 39.00
GLOBAL EXCHANGE SERVICES 1,466.04
GLOBE 426,235.80
GOPAL, NANDA P N 2,387.69
GRECCO, JOSEPH R 92.95
GROUNDWATER & ENVIRONMENTAL 9,963.64
GXS LIMITED SPECIAL BILLING 101.80
HA INTERNATIONAL LLC 231,666.39
HARMON, JOE 1,727.41
HEAVIN, TODD 173.16
HEMING, DANIEL 937.75
HENRY, CHAD 552.99
HOOVER, ROB 199.85
HORN, REGINA 36.24
HOWARD & HOWARD 2,110.00
HUMAN RESOURCE EXECUTIVE 64.95
IBM 5,898.10
IBM CORPORATION 31,959.34
IKON FINANCIAL SERVICES 1,925.42
IKON OFFICE SOLUTIONS 5,244.44
ILLINOIS ENVIRONMENTAL 500.00
IMCO RECYCLING 537,703.83
INTERSTATE ELECTRICAL SUPPLY 49.76
IRON MOUNTAIN RECORDS MGMT 258.78
IRVIN, LESLIE B 118.51
J.W. MARTIN 326.56
JACKSON, SHIELDS, YEISER, HOLT 3,130.00
JACOBSEN'S FLOWERS INC. 174.87
JAMES DAVIS CLEANING SERVICE 500.00
JOCK ABELL LANDSCAPING 360.00
JOHN HANCOCK FINANCIAL SVCS. 395.00
JOHN P. CRECINE 687.74
JOHNSON, TYRONE 825.89
JP MORGAN CHASE BANK, N.A. 375,211.15
KARJALA, MARY JO 10.00
KLEIN, KYLE 1,310.02
KUNZ, DONNY 1,736.69
KUZINSKI, MARK 212.23
LAND TRANSPORTATION 194,069.95
LEONARD BROS. DATA MANAGEMENT 337.02
LIEBERT GLOBAL SERVICES 3,202.25
LINA 608.00
LISIO, JOHN 1,725.81
LONGHURST, JOHN 3,013.40
LORENZ, CHAD 262.16
LOVELL, TONY 1,160.40
MACIOCE, RAPHAEL 89.40
VENDOR TOTAL DISBURSEMENTS
------ -------------------
MAINLINE PROFESSIONAL SERVICES 2,800.00
MALECKI, ELIZABETH 1,440.00
MALLON, ROBERT 347.14
MARTIN, J.W. 652.40
MARTINEZ, FRED 426.27
MAYBERRY RIGGERS 600.00
MAYER,BROWN,ROWE & MAW 5,266.25
MCCOLLUM, WILLIAM E. 2,717.01
MCDONALD, MATT 828.95
MCI TELECOMMUNICATIONS 500.00
MERCER HUMAN RESOURCE 224,556.00
METLIFE 9,046.40
MICHAEL W. ANGLIN 5,076.25
MIDLAND INDUSTRIES, INC. 117,598.14
MILLER & CO. 210,628.85
MILLER, ALAN 600.00
MINNESOTA REVENUE 5,250.00
MISSOURI DEPT OF REVENUE 247.00
MOORE, TERRY 3,118.91
MOORE'S MACHINE CO. INC. 1,054.00
MTS SYSTEMS CORPORATION 1,371.25
NATIONAL MATERIAL TRADING 250,114.74
NELSON ELECTRIC 300.00
NORFOLK SOUTHERN 213,000.00
NORTH AMERICAN DIE CASTING 2,825.00
NUTECHS 16,250.00
OESA 750.00
OFFICE DEPOT, INC. 3,534.82
OFFICE INSTALLATIONS, INC. 160.00
OMNISOURCE CORPORATION - COPPER 157,680.00
OMNISOURCE CORPORATION - STEEL 5,566,455.97
ONEOK ENERGY MARKETING COMPANY 80,480.35
P.B.G. GROUP LLC 640.00
PAMS, GENE 269.15
PARKER HANNIFIN 30,124.00
PATZWALDT, JEFF 658.49
PEROT SYSTEMS 52,703.92
PETERS, GORDON 2,436.02
PIP PRINTING 327.70
PLANTERRA GREENHOUSES 90.00
PLASKO, RANDALL 2,137.07
PLYMOUTH WAYNE, INC. 18.70
POINTS NORTH CONSULTING INC 5,000.00
PORTER WARNER INDUSTRIES 42,794.17
PRIMETRADE, INC. 698,168.49
PROGRESSIVE TECHNOLOGIES, INC 600.00
PROVIDENT LIFE & ACCIDENT INS. 6,480.92
PRUCHA, TOM 419.21
RAR HOLDINGS, INC. 3,322.00
REILLY, PENNER & BENTON, LLP 9,150.00
RES MANUFACTURING 2,040.00
RIDLEY'S BAKERY CAFE 248.00
RIVER MILL RECORDS MANAGMENT 193.20
ROBERTS, DONALD 511.73
RUFF, GARY F. 1,499.15
RUTHERFORD, JOHN 934.15
SAJION, BOBETTE 3,754.16
SANDERS, S. DAVID 1,147.94
SBC 538.99
SCHELLHASE, DAN 209.25
SECURITAS SEC. SVCS. USA, INC. 8,509.68
SENIORSCRIPS 2,470.00
SHAW, ROBERT 3,165.27
SHOWALTER, ERIC 3,246.05
SHRED-IT DETROIT 79.80
SILBERT, RICHARD 4,384.62
SIMPLEXGRINNELL LP 193.32
SKRZYPCZAK, MICHAEL 20.63
SOUTHERN AIR 146.25
SOUTHERN MAINTENANCE SUPPLY 183.56
SOUTHERN STATES TOYOTALIFT 2,617.53
SPECIAL "K" LANDSCAPING 850.00
SPECTRO ALLOYS CORPORATION 1,274,232.35
SPECTRUM INDUSTRIES INC 31,545.87
SPRAY-RITE 71,273.54
TOTAL
VENDOR DISBURSEMENTS
------ --------------
SPRINT 42,181.39
SPROUSE, JANE 288.69
SQUIRE,SANDERS & DEMPSEY LLP 600.08
STEFANI, MIKE 1,418.88
STERLING COMMERCE-73199 514.84
STOESS PLUMBING LLC 155.00
STRONG, JOHN 273.96
SUNGARD AVAILABILITY SERVICES 884.00
SUPERIOR GRAPHITE CO. 12,504.38
SUPREME CORES 5,056.90
TALX CORPORATION 42.50
TAX COMMISSIONER 72,441.16
TERMINIX INTERNATIONAL 32.00
THE FARMERS BANK OF APPOMATTOX 2,465.28
THE ORIGINAL ROMANO'S 285.00
THEDACARE AT WORK 57.00
THOMSON FINANCIAL 11,070.00
TIM PUSH 7,358.00
TIMBERLAND OFFICE PARK THREE 60,241.94
TINIUS OLSEN TESTING 914.60
T-MOBILE 285.40
TOYOTA TSUSHO 22,323.40
TRADEWINDS AVIATION 9,699.49
TRANS MAN LOGISTICS, INC. 488,192.68
TSBY RR 40,587.68
U.S. TRUSTEE 250.00
UGS CORP. 3,186.00
UMETCO INC. 135,137.16
UNIMIN CORPORATION 76,994.00
UNITED AMERICAN INSURANCE CO. 34,321.00
UNITED WAY OF CENTRAL VIRGINIA 265.00
UNIVERSAL SOFTWARE, INC. 1,012.50
US MAGNESIUM LLC 331,269.48
VALUEOPTIONS, INC 13,183.36
VASS, S. REID 2,129.19
VERBA L. EDWARDS 13,750.00
VERITAS 660.10
VERIZON WIRELESS 167.54
VERIZON WIRELESS MESSAGING SVC 62.94
VERIZON WIRELESS-GREAT LAKES 2,335.02
VESUVIUS 26,771.58
VIKING OFFICE PRODUCTS 451.28
VISUAL IMPRESSIONS 42.40
VOSS, DAVID 519.24
W.E.L. INC. 439.81
WAHOWIAK, GREG 7,877.97
WASTE MANAGEMENT 167.54
WAYNE BOOTH INVESTMENTS 26,000.00
WAYNE HARMON 500.00
WHEELABRATOR ABRASIVES 206,279.00
WINKLE, TOM 41.22
WITH OUR COMPLIMENTS, INC 50.00
WOODLAND CAFE 44.52
WOODS, ROGERS & HAZLEGROVE PLC 4,169.67
XEROX CORPORATION 443.14
ZEIMET, RANDY 3,405.63
AKIN GROUP 611,776.34
BANK OF NOVA SCOTIA 1,420,056.73
BLUE CROSS BLUE SHIELDS 1,898,946.70
CAMPBELL TECHNOLOGY 8,167.00
CAPSTONE 121,209.11
CHILD SUPPORT - CFI 39,636.29
COLUMBUS FOUNDRY PAYROLL 9,749.68
CONWAY MACKENZIE & DUNLEAVY 308,274.50
CORP LOCKBOX - MISC DEBIT 210.00
CORPORATE PAYROLL 550.00
CORPORATE PAYROLL 288,152.11
DECATUR PAYROLL 915,988.49
ERMAN TEICHER MILLER 28,481.44
FIDELITY SAVINGS AND PROFIT PLAN 43,205.79
FOLEY, LARDNER 397,493.20
FTI RESTRUCTURING 348,516.87
GEORGIA SALES TAX - CFI 47,536.51
HILTON 10,506.00
IBM 999.96
TOTAL
VENDOR DISBURSEMENTS
------ --------------
INTERNAL REVENUE SERVICE (MINNEAPOLIS FIT) 105,182.20
JAFFE, RAITT, HEUER & WIESS 11,455.86
LAND TRANSPORTATION 133,094.11
LAZARD FRERES 548,486.63
LUNT MANUFACTURING 40,323.00
LUSKIN STERN EISLER 9,896.04
MALLOY 102,950.19
MARSHALL & EISLEY BANK 645,295.00
MEDCO HEALTH 362,119.58
METLIFE DENTAL 72,335.09
MILBANK TWEED HADLEY MCCLOY LLP 462,567.96
MINNEAPOLIS SALES TAX 44,601.56
MONROE PAYROLL 948,241.71
PEPPER HAMILTON LLP 33,990.06
PR NEWSWIRE 2,500.00
PUTNAM 121,905.65
R2 INVESTMENTS 26,810.54
RACINE HEALTHCARE 69.50
STANDARD FEDERAL 26,183.31
SUNTRUST BANK 2,878,483.00
VALUE OPTIONS 14,487.69
WACHTELL LIPTON ROSEN KATZ 118,808.80
--
--------------
$31,164,696.82
INTERMET COPORATION
CASE # 04-67597
AT OF 9/30/05
CORPORATE - BANK RECONCILIATION
Bank Balance $ --
Actual Outstanding Checks 294,309.59
Unadjusted GL Balance --
-----------
Difference $294,309.59
===========
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
8/25/05 94620 225.00
8/25/05 94648 95.50
9/9/05 94760 1,090.00
9/9/05 94776 687.74
9/9/05 94778 797.18
9/9/05 94827 31.22
9/14/05 94837 45.00
9/16/05 94877 36.24
9/16/05 94913 10.00
9/23/05 94936 1,018.41
9/23/05 94937 262.67
9/23/05 94938 36.31
9/23/05 94939 115.00
9/23/05 94942 92.95
9/23/05 94944 186.86
9/23/05 94951 159.18
9/23/05 94961 31.90
9/23/05 94963 77.37
9/23/05 94971 2,369.41
9/30/05 94983 14,269.29
9/30/05 94984 50.00
9/30/05 94985 1,918.66
9/30/05 94986 3,456.00
9/30/05 94987 775.00
9/30/05 94988 96.80
9/30/05 94989 1,577.74
9/30/05 94990 171.50
9/30/05 94991 29.75
9/30/05 94992 900.00
9/30/05 94993 225.00
9/30/05 94994 50.00
9/30/05 94995 207.44
9/30/05 94996 184.00
9/30/05 94997 20.44
9/30/05 94998 105.10
9/30/05 94999 130.10
9/30/05 95000 1,800.00
9/30/05 95001 470.00
9/30/05 95002 16,831.97
9/30/05 95003 2,400.00
9/30/05 95004 5,155.92
9/30/05 95005 27.00
9/30/05 95006 23.25
9/30/05 95007 19,512.14
9/30/05 95008 1,820.25
9/30/05 95009 1,466.04
9/30/05 95010 216.25
9/30/05 95011 7,213.64
9/30/05 95012 101.80
9/30/05 95013 1,290.15
9/30/05 95014 163.18
9/30/05 95015 552.99
9/30/05 95016 1,898.10
9/30/05 95017 49.76
9/30/05 95018 258.78
9/30/05 95020 500.00
9/30/05 95021 360.00
9/30/05 95022 395.00
9/30/05 95023 825.89
9/30/05 95024 1,150.84
9/30/05 95025 1,269.34
9/30/05 95026 109.10
9/30/05 95027 337.02
9/30/05 95028 3,202.25
9/30/05 95029 608.00
9/30/05 95030 928.63
9/30/05 95031 1,146.67
9/30/05 95032 210.53
9/30/05 95033 955.61
9/30/05 95034 1,400.00
9/30/05 95035 652.40
9/30/05 95036 600.00
9/30/05 95037 5,266.25
9/30/05 95038 2,717.01
9/30/05 95039 247.00
9/30/05 95040 567.63
9/30/05 95041 300.00
9/30/05 95042 2,825.00
9/30/05 95043 222.67
9/30/05 95044 160.00
9/30/05 95045 269.15
9/30/05 95046 5,703.92
9/30/05 95047 483.76
9/30/05 95048 327.70
9/30/05 95049 600.00
9/30/05 95050 6,480.92
9/30/05 95051 60.65
9/30/05 95052 3,322.00
9/30/05 95053 114.83
9/30/05 95054 1,147.94
9/30/05 95055 73.62
9/30/05 95056 131.88
9/30/05 95057 125.22
9/30/05 95058 1,201.43
9/30/05 95059 4,384.62
9/30/05 95060 1,815.03
9/30/05 95061 2,412.79
9/30/05 95062 188.37
9/30/05 95063 410.08
9/30/05 95064 50.00
9/30/05 95065 155.00
9/30/05 95066 142.77
9/30/05 95067 2,465.28
9/30/05 95068 285.00
9/30/05 95069 57.00
9/30/05 95070 7,304.85
9/30/05 95071 250.00
9/30/05 95072 17,301.00
9/30/05 95073 265.00
9/30/05 95074 13,183.36
9/30/05 95075 78.75
9/30/05 95076 13,750.00
9/30/05 95077 660.10
9/30/05 95078 65.63
9/30/05 95079 2,884.55
9/30/05 95080 500.00
9/30/05 95081 44.52
9/30/05 95082 443.14
9/30/05 95083 405.21
9/30/05 95084 57,872.53
9/30/05 95085 26,000.00
-----------
$294,309.59
===========
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: SEPTEMBER 30, 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: OCTOBER 20, 2005 ----------------------------------------
PRINCIPAL, OFFICER, DIRECTOR, OR INSIDER
Form 6
INTERMET CORPORATION
MONTH ENDED SEPTEMBER 30, 2005
GARY ROBERT E. TIMOTHY R. JOHN B. TODD THOMAS E.
NAME: RUFF BELTS GILLILAND RUTHERFORD HEAVIN PRUCHA
- ----- -------------- ---------- ---------- ---------- ---------- ------------
Chairman & CEO VP Finance VP- Light VP-Sales & VP-Ferrous VP-Technical
JOB DUTIES: Director and CFO Metals Marketing Metals Services
- ----------- -------------- ---------- ---------- ---------- ---------- ------------
(MONTHLY)
COMPENSATION: $41,667 $21,667 $16,667 $16,667 $17,500 $14,583
BENEFITS PAID:
Health Insurance 772 772 546 546 772 546
Life Insurance 358 358 358 358 358 358
Deferred Comp 142 142 142 142 142 124
Retirement 364 190 148 148 154 128
Company Vehicle 1,104 850 850 850 855 722
Cell Phone -- 62 -- 85 62 --
(EXPENSE REIMBURSE): -- -- -- -- -- --
Meals & Entertainment 1,192 -- 351 444 -- 124
Travel 307 30 2,969 84 104 238
Communications (cell phone,
internet on travel, etc.) -- -- -- 40 -- 57
Misc--Gifts, Auto Repair,
Subscription,etc -- -- -- 366 69 --
OTHER PAYMENTS: -- -- -- -- -- --
Rents Paid -- -- -- -- -- --
Loans -- -- -- -- -- --
Other (Retainer) -- -- -- -- -- --
Dues & Subscriptions -- -- -- -- -- --
Misc--Passport fees -- -- -- -- -- --
------- ------- ------- ------- ------- -------
TOTAL OF ALL PAYMENTS $45,906 $24,071 $22,031 $19,730 $20,016 $16,880
======= ======= ======= ======= ======= =======
ALAN J. BYTHA GREG MICHAEL MARY JO JOHN P. JULIA D.
NAME: MILLER MILLS WAHOWIAK SKRZYPCAK KARJALA CRECINE DARLOW
- ----- ------------------- ---------- ---------------- --------- --------- --------- --------
VP, General Counsel Business Systems
JOB DUTIES: Ass't Secretary VP- Admin. Director Treasurer Secretary Director Director
- ----------- ------------------- ---------- ---------------- --------- --------- --------- --------
(MONTHLY)
COMPENSATION: $18,750 $12,500 $11,916 $10,833 $6,000 $ -- $--
BENEFITS PAID:
Health Insurance 546 284 487 772 546 -- --
Life Insurance 358 358 358 -- -- -- --
Deferred Comp 142 106 101 92 51 -- --
Retirement 164 109 103 94 54 -- --
Company Vehicle 850 850 650 -- -- -- --
Cell Phone -- -- 80 41 -- --
(EXPENSE REIMBURSE): -- -- -- -- -- -- --
Meals & Entertainment -- -- 239 -- -- 29
Travel -- -- 7,537 21 10 658
Communications (cell phone,
internet on travel, etc.) -- -- -- -- -- --
Misc--Gifts, Auto Repair,
Subscription,etc 600 -- 101 -- -- --
OTHER PAYMENTS: -- -- -- -- -- --
Rents Paid -- -- -- -- -- -- --
Loans -- -- -- -- -- -- --
Other (Retainer) -- -- -- -- -- -- --
Dues & Subscriptions -- 65 -- -- -- -- --
Misc--Passport fees -- -- -- 0 0 0 0
------- ------- ------- ------- ------ ---- ---
TOTAL OF ALL PAYMENTS $21,410 $14,272 $21,572 $11,853 $6,661 $687 $--
======= ======= ======= ======= ====== ==== ===
NORMAN F. JOHN R. THOMAS H. CHARLES G. RICHARD A. PAMELA E. MITSUNOBU
NAME: EHLERS HORNE JEFFS II MCCLURE NAWROCKI RODGERS TAKEUCHI TOTAL
- ----- -------- -------- --------- ---------- ---------- --------- --------- --------
JOB DUTIES: Director 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 -- -- -- -- -- -- 330
(EXPENSE REIMBURSE): -- -- -- -- -- -- -- --
Meals & Entertainment -- -- -- -- -- -- 2,379
Travel -- -- -- -- -- -- 11,958
Communications (cell phone,
internet on travel, etc.) -- -- -- -- -- -- 97
Misc--Gifts, Auto Repair,
Subscription,etc -- -- -- -- -- -- 1,136
OTHER PAYMENTS: -- -- -- -- -- -- -- --
Rents Paid -- -- -- -- -- -- -- --
Loans -- -- -- -- -- -- -- --
Other (Retainer) -- -- -- -- -- -- -- --
Dues & Subscriptions -- -- -- -- -- -- -- 65
Misc--Passport fees 0 0 0 0 0 0 0 0
--- --- --- --- --- --- --- --------
TOTAL OF ALL PAYMENTS $-- $-- $-- $-- $-- $-- $-- $225,089
=== === === === === === === ========
Intermet Corp.
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 SEPTEMBER 30, 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: OCTOBER 20, 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 9-30-05
($000's)
CASE # 04-67599
ALEXANDER
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 (1) 65
Depreciation & Amortization -- --
Other Allocated Fixed Costs -- --
Other Fixed Costs -- --
--- ------
Cost of Goods Sold (1) 65
Gross Profit 1 (65)
Plant SG&A Expense -- --
SG&A Expense - Allocation (Sched 1) -- --
Other Operating Expenses 3 1,602
--- ------
Total Operating Expenses 3 1,602
Operating Profit (2) (1,667)
Outside Interest Income -- --
Outside Interest (Expense) -- --
Intercompany Interest Income -- --
Intercompany Interest (Expense) -- --
Charges (From) Affiliates -- --
Charges To Affiliates -- --
Gain/(Loss) On Sales Of Assets -- 162
Outside Dividend Income -- --
Foreign Exchange Gain/(Loss) -- --
Income/Loss From European Operations -- --
Other Income/(Expense) -- 1
--- ------
Total Non-Operating Expenses -- 163
Income Before Income Taxes (2) (1,504)
Income Tax Expense 1 11
--- ------
Net Income (3) (1,515)
=== ======
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs September
(Allocation of Corporate Costs to Filing Entities)
(000's)
September
---------
Officer Compensation $189
Salary Expense other Employees 949
Employee Benefits and Pension (166)
Payroll Taxes 49
Other Taxes (1)
Rent and Lease Expense 203
Interest Expense
Insurance 54
Automobile and Truck Expense 11
Utilities(Gas Electric,Phone) 51
Depreciation 87
Travel and Entertainment 155
Repairs and Maintenance 40
Advertising/Promotion 0
Supplies, Office Expense 33
OTHER:
Contributions 0
Professional Fees - Audit/Tax 350
Bank Fees 0
Public Reporting Fees (100)
Employee Relocation/Training 5
Data Processing 25
Dues and Subscriptions 12
Outside Services 245
Project Development Costs net of Billings 19
Director Fees 25
Miscellaneous 1
Legal Fees 26
Cost Allocation - Europe (78)
Cost Allocation - Out (204)
------
$1,979
======
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 327
------
Total $1,979
======
Intermet Corp. and Subsidiaries
Balance Sheet as of 09-30-05
($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) 2
--------
TOTAL POST PETITION LIABILITIES 2
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 151
Short-Term Intercompany Payables --
Retirement Benefits --
Deferred Taxes - Long-Term Liability --
Other Long-Term Liabilities --
Long-Term Intercompany Payables 36,806
Minority Interest --
--------
TOTAL LIABILITIES 36,959
Common Stock 10
Capital In Excess Of Par Value 90
Retained Earnings - Prepetition (34,861)
Retained Earnings - Post Petition (1,515)
Equity In European Operations
Accumulated Translation Adjustment --
Minimum Pension Liability Adjustment --
Unearned Restricted Stock --
--------
TOTAL SHAREHOLDER EQUITY (36,276)
--------
TOTAL LIABILITIES AND EQUITY $ 683
========
PERIOD ENDED: 09-30-05 ALEXANDER CITY CASTING CO., INC. CASE #04-67599
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
08/31/2005 Withheld Deposits 09/30/2005
---------- --------- ---------- ----------
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 1,064 758 0 1,822
Property Taxes 0 0 0 0
Workers Compensation 0 0 0 0
------ ---- --- ------
Total $1,064 $758 $0 $1,822
Wages and Salaries 0 0 0 0
------ ---- --- ------
Grand Total $1,064 $758 $0 $1,822
====== ==== === ======
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: SEPTEMBER 30, 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: OCTOBER 20, 2005 --------------------------------
Debtor in Possession
Form 5
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: SEPTEMBER 30, 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: OCTOBER 20, 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 SEPTEMBER 30, 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: OCTOBER 20, 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 9-30-05
($000's)
CASE #04-67605
----------------
CAST-MATIC
CORP
----------------
Total
Current Since
Month Filing
------- ------
Net Sales 4,505 44,732
Cost of Goods Sold
Materials and Freight 2,677 25,767
Wages - Hourly 338 3,335
Wages - Salary 151 1,685
Employee Benefits and Pension 141 1,121
Repairs & Maintenance 109 1,205
Supplies 212 2,369
Utilities 137 1,334
Purchased Components/Services 164 2,093
Income(loss) from Pattern Sales -- --
Fixed Asset - (gain/loss) -- (6)
MIS Expense 9 126
Travel & Entertainment 6 31
Other Variable Costs 124 1,984
Depreciation & Amortization 171 1,940
Other Allocated Fixed Costs -- (2)
Other Fixed Costs 72 923
----- ------
Cost of Goods Sold 4,311 43,905
Gross Profit 194 827
Plant SG&A Expense -- 1
SG&A Expense - Allocation (Sched 1) 82 967
Other Operating Expenses -- 55
----- ------
Total Operating Expenses 82 1,023
Operating Profit 112 (196)
Outside Interest Income -- --
Outside Interest (Expense) -- --
Intercompany Interest Income -- --
Intercompany Interest (Expense) (70) (720)
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 (70) (711)
Income Before Income Taxes 42 (907)
Income Tax Expense 11 164
----- ------
Net Income 31 (1,071)
===== ======
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs September
(Allocation of Corporate Costs to Filing Entities)
(000's)
September
---------
Officer Compensation $ 189
Salary Expense other Employees 949
Employee Benefits and Pension (166)
Payroll Taxes 49
Other Taxes (1)
Rent and Lease Expense 203
Interest Expense
Insurance 54
Automobile and Truck Expense 11
Utilities(Gas Electric,Phone) 51
Depreciation 87
Travel and Entertainment 155
Repairs and Maintenance 40
Advertising/Promotion 0
Supplies, Office Expense 33
OTHER:
Contributions 0
Professional Fees - Audit/Tax 350
Bank Fees 0
Public Reporting Fees (100)
Employee Relocation/Training 5
Data Processing 25
Dues and Subscriptions 12
Outside Services 245
Project Development Costs net of Billings 19
Director Fees 25
Miscellaneous 1
Legal Fees 26
Cost Allocation - Europe (78)
Cost Allocation - Out (204)
------
$1,979
======
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 327
------
Total $1,979
======
Intermet Corp. and Subsidiaries
Balance Sheet as of 09-30-05
($000's)
CASE #04-67605
CAST-MATIC
CORP
--------------
Cash And Equivalents $ --
Accounts Receivable 7,647
Short-Term Intercompany Receivables 128
Inventories 3,576
Other Current Assets 69
-------
TOTAL CURRENT ASSETS 11,420
Land and Buildings 2,889
Machinery & Equipment 18,207
Construction In Progress 145
-------
Total Fixed Assets 21,241
Accumulated Depreciation (7,892)
-------
NET FIXED ASSETS 13,349
Investment In Subsidiaries --
Investment In European Operations --
Long-Term Intercompany Receivables --
Deferred Taxes, Long-Term Asset --
Other Assets 130
-------
TOTAL ASSETS $24,899
=======
LIABILITIES AND SHAREHOLDER EQUITY
POST PETITION LIABILITIES
Accounts Payable $ 815
Wages and Salaries (See schedule) 134
Taxes Payable - (See schedule) 47
-------
TOTAL POST PETITION LIABILITIES 996
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 468
Short-Term Intercompany Payables 1,231
Retirement Benefits --
Deferred Taxes - Long-Term Liability --
Other Long-Term Liabilities --
Long-Term Intercompany Payables 18,935
Minority Interest --
-------
TOTAL LIABILITIES 24,843
Common Stock --
Capital In Excess Of Par Value 2,109
Retained Earnings - Prepetition (982)
Retained Earnings - Post Petition (1,071)
Equity In European Operations
Accumulated Translation Adjustment --
Minimum Pension Liability Adjustment --
Unearned Restricted Stock --
-------
TOTAL SHAREHOLDER EQUITY 56
-------
TOTAL LIABILITIES AND EQUITY $24,899
=======
PERIOD ENDED: 09-30-05 CAST-MATIC CORP. CASE #04-67605
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
08/31/2005 Withheld Deposits 09/30/2005
---------- --------- ---------- ----------
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 6,748 (4,370) 0 2,378
Unemployment Tax: Federal 84 (84) 0 0
Unemployment Tax: State 746 (746) 0 0
All Other Payroll W/H 0 0 0 0
State Taxes: Inc./Sales/Use/Excise 22,168 11,084 0 33,252
Property Taxes (9,569) 18,500 0 8,931
Workers Compensation 3,700 (1,347) (353) 2,000
-------- --------- ------ --------
Total $ 23,877 $ 23,037 ($353) $ 46,561
Wages and Salaries 167,024 (32,830) 0 134,194
-------- --------- ------ --------
Grand Total $190,902 ($ 9,793) ($353) $180,755
======== ========= ====== ========
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 $ 815,015 $ 815,015 $ 0 $ 0
Accounts Receivable $7,248,191 $4,802,756 $1,968,362 $477,073
INTERMET CORPORATION AND SUBSIDIARIES
CASH ACTIVITY ANALYSIS: MONTHLY CASH STATEMENT
MONTH ENDED 9/30/2005
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 1,902,267 -- --
TRANSFERS IN (CORPORATE) -- 730,436 484,954
DISBURSEMENTS -- (730,436) (484,954)
TRANSFERS OUT (CORPORATE) (1,902,267) -- --
---------- ---------- --------
ENDING BANK BALANCE -- -- --
MATERIALS & OTHER DISBURSEMENTS PAID FOR
BY CORPORATE 1,909,112
CHECKS ISSUED 855,715
PAYROLL DISBURSED (INCLUDES PAYROLL PAID
BY CORPORATE) 577,099
CORPORATE DEBIT MEMOS 19,160
TOTAL DISBURSEMENTS (SEE TOTAL
DISBURSEMENTS RECONCILIATION) $3,361,086
==========
OUTSTANDING CHECKS AS OF AUGUST 31 25,213
VOIDED CHECKS OUTSTANDING AS OF AUGUST 31 --
CHECKS ISSUED DURING SEPTEMBER 855,715
CHECKS CLEARED DURING SEPTEMBER (730,436)
----------
OUTSTANDING CHECKS AS OF SEPTEMBER 30
(SEE OUTSTANDING CHECKLIST) $ 150,492
==========
CAST-MATIC CORP. CASE NO. 04-67605
CASH DISBURSEMENTS
SEPTEMBER 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
ACCU DIE & MOLD, INC $ 420.00
ACE HARDWARE 73.12
ACE INSURANCE 616.06
ADAMS MAGNETICS 180.50
ADAMS REMCO. INC. 1,621.27
ADP, INC 2,847.09
AIR TECH ENGINEERING, INC 6,060.00
ALCOA 1,636,141.89
ALCOA SPECIALTY METALS DIVISION 547.50
ALFE HEAT TREATING 241,095.56
ALL CITIES OCCUPATIONAL 692.50
ALLTHERM SERVICES, INC 2,070.00
ALRO STEEL CORP 487.62
AMERICAN ELECTRIC POWER 33,836.03
ANTIBUS SCALES & SYSTEMS, INC 190.00
APPLIED INDUST. TECH 287.94
AQUILA 4,533.04
ARAMARK UNIFORM SERVICES, INC 3,128.41
ASSOCIATED BAG CO 552.18
ATIKEN 1,615.00
AUTOMATION DIRECT.COM 1,379.97
BASTIAN MATERIAL HANDLING 1,573.43
BEACON OPERATIONS CENTER 25,720.31
BOND FLUIDAIRE, INC 955.90
BRAMMALL SUPPLY CO 3,432.67
C. B. DEKORNE, INC 1,247.47
C.P.C., INC 725.00
CANDAL ENTERPRISES, INC 73.28
CAROL LOCKE 1,045.03
CARPENTER BROTHERS, INC 155.44
CHARLEVOIX ENERGY TRADING 75,919.25
CHEMSTATION OF NORTHERN INDIANA 900.74
CLIMAX RESEARCH SERVICES 2,450.00
CONDAT 2,673.00
CONNECTION SERVICE CO 689.37
COVERALL OF WESTERN MICHIGAN 1,320.00
CRANE PRO SERVICES 4,595.16
CRYSTAL CLEAN 1,028.70
CUSTOM MOLD 2,828.37
D & D MACHINERY CO 4,440.00
D. A. DODD 228.00
DATAMYTE DIVISION 513.07
DEPARTMENT OF HOMELAND SECURITY 3,000.00
DIMETEK 12,498.60
DOUBLEDAY OFFICE PRODUCTS 5,742.37
EARTHSCAPES LANDSCAPING, INC 1,036.20
EIS, INC 1,975.13
E-JAY THERMO PRODUCTS, INC 450.19
ELCOMETER 406.00
EWAB ENGINEERING 181.30
FLOYD BARNES 652.98
FORKLIFT TIRES OF MICHIGAN 670.00
FRED SANDERS 1,935.52
GATEWAY, INC 28.48
GE INSPECTION TECHNOLOGIES 10,702.15
GEO T SCHMIDT, INC 1,624.71
GLOBAL EXCHANGE SERVICES 376.43
GREAT LAKES AUTOMATION 4,206.38
GRIFFIN TOOL, INC 11,790.00
H & H EXPRESS, LLC 419.52
HAMPTON INN 2,411.11
HECO 741.80
HERSCHALL PRODUCTS 43.30
HOWARD WALTHER 80.00
HULL LIFT TRUCK, INC 449.58
HYDRACT, INC 3,663.16
IKON FINANCIAL SERVICES 289.68
INDUSTRIAL FIREBRICK CORP 337.19
CAST-MATIC CORP. CASE NO. 04-67605
CASH DISBURSEMENTS
SEPTEMBER 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
INDUSTRIAL GYPSUM CO., INC 740.00
INDUSTRIAL SOLUTIONS 11,540.28
INFORMATION HANDLING 833.20
J & L INDUSTRIAL SUPPLY 1,213.32
JACKSON SHIELDS 14,193.75
JACKSON SHIELDS 3,130.00
JERZ MACHINE TOOL CORP 9,690.00
JUS RITE ENGINEERING, INC 3,375.00
JUS-RITE ENGINEERING, INC 256.00
KEENER SAN & CLAY CO 2,640.00
KENDALL ELECTRIC, INC 8,539.88
KENT RUDBECK 1,308.00
KMH SYSTEMS, INC 3,332.48
LAKE X-RAY 25,000.00
LINCOLN CHARTER TOWNSHIP 129,401.84
LINDBERG/MPH 5,392.00
M & I MACHINE 14,175.00
MANUFACTURERS RUBBER 331.65
MCMASTER-CARR SUPPLY CO 4,600.34
METALLURG ALUMINUM 11,492.30
MICHIGAN SHIPPERS SUPPLY 276.19
MIDWEST SAFETY PRODUCTS, INC 179.19
MITCHELL MAZE 555.51
MITTLER SUPPLY, INC 3,834.35
MOLTEN METAL EQUIP. INNOVATION, INC 3,244.47
MORRELL 6,716.52
MOTION INDUSTRIES, INC 3,284.98
NEFF ENGINEERING CO 2,334.54
NICK ROUSSEV 78.75
NILES JANITOR SERVICE & SUPPLY 115.00
OMEGA ENGINEERING, INC 769.22
ON LINE LABELS.COM 115.95
ONDRAKA MANAGEMENT ENTERPRISES, LLC 645.00
PAYROLL ISSUED (INCLUDES CORP
DISBURSMENTS 577,098.73
PC UNIVERSE 247.22
PETTY CASH 1,027.49
POOCH WELDING SUPPLY CO 4,845.00
PRI MAR PETROLEUM, INC 38.45
PRIDE WELDING 4,725.00
PROCESS ENGINEERING & EQUIPMENT CO 189.50
PRODUCT ACTION INTERNATIONAL, INC 16,923.19
PRODUCTION TOOL 341.12
PROVIDENT LIFE 97.50
PYROTEK, INC 57,627.73
QME QUALITY MOLD & ENGINEERING 25,005.00
QUALITY INN SUITES 574.72
QUANTUM CONNECTIONS, LLC 43.23
RADDE AGENCY 28.00
RAPA ELECTRIC, INC 1,566.80
RAPID PRINT 1,325.04
RAY'S MOTEL 567.00
RED ARROW FIRE & SAFETY, LLC 134.02
RELIABLE DISPOSAL 464.09
S & S INDUSTRIAL SUPPLY, INC 10,581.16
SAFETY PRODUCTS DIVISION 2,097.68
SAMDO USA 743.00
SBC AMERITECH 701.65
SCHOTT SAW CO 2,298.10
SCOPE SERVICES, INC 44,386.32
SHARON NAPIER 590.33
SOUTHWESTERN MEDICAL CLINIC, PC 130.50
SPARTAN WOOD PRODUCTS 650.00
SPECTRO ANALYTICAL INSTRUMENTS 1,583.64
SPRINT 223.79
SRI QUALITY SYSTEM REGISTRAR 25.00
STC STORAGE TRAILERS & CONTAINERS 320.00
SUPERIOR SNACKS & VENDING SERVICE 5,041.40
TED WALLACE 407.33
THAYER, INC 1,038.20
CAST-MATIC CORP. CASE NO. 04-67605
CASH DISBURSEMENTS
SEPTEMBER 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
THE CONNECTION CO 182.74
THE HERALD-PALLADIUM 212.66
TOX PRESSOTECHNIK 385.00
TPC WIRE & CABLE 512.29
TRANS-MAN 19,376.21
TURMOIL, INC 199.65
TURPIN WHOLESALE 415.73
UGS CORPORATED 189.74
UNUM LIFE INS. CO. OF AMERICA 2,316.58
US INSPECTION SERVICES, INC 5,442.75
VEKTEK 5,347.50
VILLAGE OF STEVENSVILLE 28,166.98
WATCON INC 5,192.33
WATCON INC 749.50
WATER DEPARTMENT 8,011.36
WEST MICHIGAN HYDRAULICS FLUIDPOWER 660.00
WILLIAM A. KIBBE & ASSOCIATES, INC 1,155.00
WILLIAM ATKINS 105.75
Y. E. S. 50,640.36
YOUNGBLOOD AIR SYSTEMS 16,117.34
YXLON INTERNATIONAL, INC 42,083.11
-------------
$3,361,085.87
CAST-MATIC CORPORATION
CASE NO. 04-67605
AT OF 9/30/05
STEVENSVILLE - BANK RECONCILIATION
Bank Balance $ --
Outstanding AP Checks 150,491.77
Unadjusted GL Balance 150,491.77
-----------
Difference $ --
===========
CAST-MATIC CORPORATION
CASE NO. 04-67605
STEVENSVILLE
OUTSTANDING CHECKS
CASE NO. 04-67605
DATE CHECK OUTSTANDING
- ------- ----- -----------
8/22/05 51441 $ 418.06
8/30/05 51517 1,374.00
8/31/05 51523 48.94
9/8/05 51594 193.55
9/8/05 51595 498.17
9/8/05 51596 2.75
9/8/05 51644 25.00
9/13/05 51667 230.75
9/14/05 51670 288.10
9/15/05 51676 512.29
9/22/05 51735 1,100.88
9/23/05 51739 1,500.00
9/23/05 51740 1,500.00
9/23/05 51745 2,070.00
9/23/05 51757 513.07
9/23/05 51771 614.80
9/23/05 51775 574.72
9/27/05 51787 1,691.49
9/27/05 51788 575.36
9/28/05 51789 331.65
9/29/05 51791 39.50
9/29/05 51792 92.79
9/29/05 51793 928.00
9/30/05 51794 79.00
9/29/05 51795 420.00
9/29/05 51796 306.36
9/29/05 51797 692.50
9/29/05 51798 5.55
9/29/05 51799 21.07
9/29/05 51800 544.98
9/29/05 51801 5,059.85
9/29/05 51802 1,206.61
9/29/05 51803 2,450.00
9/29/05 51804 137.66
9/29/05 51805 1,320.00
9/29/05 51806 1,430.19
9/29/05 51807 1,036.20
9/29/05 51808 326.10
9/29/05 51809 670.00
9/29/05 51810 180.50
9/29/05 51811 291.48
9/29/05 51812 9,300.00
9/29/05 51813 481.19
9/29/05 51814 2,411.11
9/29/05 51815 449.58
9/29/05 51816 740.00
9/29/05 51817 1,253.10
9/29/05 51818 3,375.00
9/29/05 51819 246.73
9/29/05 51820 21,500.00
9/29/05 51821 1,189.17
9/29/05 51822 106.89
9/29/05 51823 894.00
9/29/05 51824 1,578.00
9/29/05 51825 115.95
9/29/05 51826 247.22
9/29/05 51827 1,315.00
9/29/05 51828 1,431.60
9/29/05 51829 464.09
9/29/05 51830 28.00
9/29/05 51831 3,455.77
9/29/05 51832 160.00
9/29/05 51833 276.29
9/29/05 51834 433.12
9/29/05 51835 734.95
9/29/05 51836 6,993.17
9/29/05 51837 324.72
9/29/05 51838 4,533.04
9/29/05 51839 270.00
9/29/05 51840 35,857.71
9/29/05 51841 12,168.22
9/29/05 51842 202.75
9/29/05 51843 671.28
9/29/05 51844 713.81
9/29/05 51845 42.00
9/29/05 51846 375.08
9/29/05 51847 18.00
9/30/05 51848 966.31
9/30/05 51849 2,252.00
9/30/05 51850 1,615.00
$150,491.77
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: SEPTEMBER 30, 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: OCTOBER 20, 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 SEPTEMBER 30, 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: OCTOBER 20, 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 9-30-05
($000's)
CASE #04-67609
COLUMBUS
FOUNDRY
----------------------
Current Total
Month Since Filing
------- ------------
Net Sales 13,018 148,341
Cost of Goods Sold
Materials and Freight 4,472 49,916
Wages - Hourly 1,961 20,742
Wages-Salary 461 5,605
Employee Benefits and Pension 1,105 10,203
Repairs & Maintenance 660 9,546
Supplies 858 8,524
Utilities 1,223 10,641
Purchased Components/Services 470 6,814
Income(loss) from Pattern Sales (108) (1,647)
Fixed Asset - (gain/loss) -- 11
MIS Expense 18 657
Travel & Entertainment 10 119
Other Variable Costs 29 1,762
Depreciation & Amortization 395 5,428
Other Allocated Fixed Costs -- 2
Other Fixed Costs 136 1,845
------ -------
Cost of Goods Sold 11,690 130,168
Gross Profit 1,328 18,173
Plant SG&A Expense 29 384
SG&A Expense - Allocation (Sched 1) 313 3,687
Other Operating Expenses -- 415
------ -------
Total Operating Expenses 342 4,486
Operating Profit 986 13,687
Outside Interest Income -- --
Outside Interest (Expense) -- (6)
Intercompany Interest Income -- --
Intercompany Interest (Expense) (213) (2,496)
Charges (From) Affiliates -- --
Charges To Affiliates -- --
Gain/(Loss) On Sales Of Assets -- (59)
Outside Dividend Income -- --
Foreign Exchange Gain/(Loss) -- --
Income/Loss From European Operations -- --
Other Income/(Expense) -- --
------ -------
Total Non-Operating Expenses (213) (2,561)
Income Before Income Taxes 773 11,126
Income Tax Expense 33 421
------ -------
Net Income 740 10,705
====== =======
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs September
(Allocation of Corporate Costs to Filing Entities)
(000'S)
September
---------
Officer Compensation $ 189
Salary Expense other Employees 949
Employee Benefits and Pension (166)
Payroll Taxes 49
Other Taxes (1)
Rent and Lease Expense 203
Interest Expense
Insurance 54
Automobile and Truck Expense 11
Utilities(Gas Electric, Phone) 51
Depreciation 87
Travel and Entertainment 155
Repairs and Maintenance 40
Advertising/Promotion 0
Supplies, Office Expense 33
OTHER:
Contributions 0
Professional Fees - Audit/Tax 350
Bank Fees 0
Public Reporting Fees (100)
Employee Relocation/Training 5
Data Processing 25
Dues and Subscriptions 12
Outside Services 245
Project Development Costs net of Billings 19
Director Fees 25
Miscellaneous 1
Legal Fees 26
Cost Allocation - Europe (78)
Cost Allocation - Out (204)
------
$1,979
======
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 327
------
Total $1,979
======
INTERMET CORP. AND SUBSIDIARIES
BALANCE SHEEET AS OF 09-30-05
($000'S)
CASE #04-67609
COLUMBUS
FOUNDRY
--------------
Cash And Equivalents $ --
Accounts Receivable 20,413
Short-Term Intercompany Receivables 206
Inventories 6,660
Other Current Assets 637
--------
TOTAL CURRENT ASSETS 27,916
Land and Buildings 12,636
Machinery & Equipment 78,083
Construction In Progress 1,415
--------
Total Fixed Assets 92,134
Accumulated Depreciation (63,172)
--------
NET FIXED ASSETS 28,962
Investment In Subsidiaries --
Investment In European Operations --
Long-Term Intercompany Receivables 36,638
Deferred Taxes, Long-Term Asset --
Other Assets 758
--------
TOTAL ASSETS $ 94,274
========
LIABILITIES AND SHAREHOLDER EQUITY
POST PETITION LIABILITIES
Accounts Payable $ 3,015
Wages and Salaries (See schedule) 682
Taxes Payable - (See schedule) 595
--------
TOTAL POST PETITION LIABILITIES 4,292
SECURED LIABILITIES:
SECURED DEBT --
PRE-PETITION LIABILITIES:
Taxes and Other Priority Liabilities:
Accrued Income Taxes --
Accrued Tax - State --
Accrued Property Taxes --
Accrued Workers Comp. 263
Accrued Payroll --
Accrued Payroll Taxes --
--------
TOTAL TAXES AND OTHER PRIORITY LIABILITIES 263
UNSECURED LIABILITIES
Accounts Payable 10,120
Senior & IDR Bonds --
--------
TOTAL UNSECURED LIABILITIES 10,120
OTHER LIABILITIES
Accrued Liabilities 2,345
Short-Term Intercompany Payables --
Retirement Benefits (982)
Deferred Taxes - Long-Term Liability --
Other Long-Term Liabilities --
Long-Term Intercompany Payables 1,336
Minority Interest --
--------
TOTAL LIABILITIES 17,374
Common Stock --
Capital In Excess Of Par Value 4,592
Retained Earnings - Prepetition 61,603
Retained Earnings - Post Petition 10,705
Equity In European Operations
Accumulated Translation Adjustment --
Minimum Pension Liability Adjustment --
Unearned Restricted Stock --
--------
TOTAL SHAREHOLDER EQUITY 76,900
--------
TOTAL LIABILITIES AND EQUITY $ 94,274
========
PERIOD ENDED: 09-30-05 COLUMBUS FOUNDRY CASE #04-67609
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
8-31-05 Withheld Deposits 9-30-05
----------- ----------- ---------- ------------
Income tax withheld: Federal ($41,815) ($233,811) $ 275,626 $ 0
Income tax withheld: State (18,930) (102,652) 121,582 0
Income tax withheld: Local 0 0 0 0
FICA Withheld (33,038) (174,356) 207,394 0
Employers FICA (17,624) (241,938) 207,394 (52,168)
Unemployment Tax: Federal (1,800) (1,056) 0 (2,856)
Unemployment Tax: State (6,401) (3,751) 0 (10,152)
All Other Payroll W/H (36,148) (166,359) 132,429 (70,078)
State Taxes: Inc./Sales/Use/Excise (104,778) (73,884) 47,537 (131,126)
Property Taxes (364,918) (15,000) 169,093 (210,825)
Workers Compensation (321,278) (63,000) 266,577 (117,701)
----------- ----------- ---------- ------------
Total ($946,729) ($1,075,807) $1,427,631 ($594,905)
Wages and Salaries (252,738) (2,751,523) 2,321,927 (682,334)
----------- ----------- ---------- ------------
Grand Total ($1,199,467) ($3,827,330) $3,749,558 ($1,277,239)
=========== =========== ========== ============
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 $ 3,015,277 $ 3,015,277 $ 0 $ 0
Accounts Receivable $20,726,429 $19,996,821 $113,434 $616,174
INTERMET CORPORATION AND SUBSIDIARIES
CASH ACTIVITY ANALYSIS: MONTHLY CASH STATEMENT
MONTH ENDED 9/30/2005
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 5,580,907 -- -- --
TRANSFERS IN (CORPORATE) -- 3,305,488 1,992,466 422,434
DISBURSEMENTS (5,580,907) (3,305,488) (1,992,466) (422,434)
TRANSFERS OUT (CORPORATE) -- -- -- --
---------- ------------- ---------- --------
ENDING BANK BALANCE -- -- -- --
MATERIALS & OTHER DISBURSEMENTS PAID FOR BY CORPORATE 4,298,759
CHECKS ISSUED 3,359,797
PAYROLL DISBURSED (INCLUDES PAYROLL PAID BY CORPORATE) 2,958,648.81
CORPORATE DEBIT MEMOS 18,531
-------------
TOTAL DISBURSEMENTS (SEE TOTAL DISBURSEMENTS
RECONCILIATION) $ 10,635,735
=============
OUTSTANDING CHECKS AS OF AUGUST 31 339,644
VOIDED CHECKS OUTSTANDING AS OF AUGUST 31 --
CHECKS ISSUED DURING SEPTEMBER 3,359,797
CHECKS CLEARED DURING SEPTEMBER (3,208,566) Excludes $96,922 of misc EFT's.
-------------
OUTSTANDING CHECKS AS OF SEPTEMBER 30 (SEE
OUTSTANDING CHECKLIST) $ 490,875
=============
COLUMBUS FOUNDRY CASE NO. 04-67609
CASH DISBURSEMENTS
SEPTEMBER 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
ABEL, JOHN N. $ 3,500.00
ACCI 2,168.75
ACTION MACHINERY 19,258.80
ACTIVATION, INC. 33,969.14
ADP INC 3,016.08
ADULT PROBATION OFFICE 1,935.08
AETNA US HEALTHCARE 9,960.49
AIR SPECIALIST INC 2,400.55
AIRGAS DRY ICE 507.38
AIRGAS SOUTH INC. 3,502.96
ALABAMA CHILD SUPPORT PAYMENT 11,694.55
ALABAMA DEPT OF ENVIRONMENTAL 75.00
ALABAMA DEPT. OF REVENUE 620.33
ALLEN RICHIE 896.83
ALLEN, JOHN F. 450.79
ALLIED MINERAL PRODUCTS INC 88,657.57
AMERALLOY STEEL CORPORATION 5,692.88
AMERICAN BUSINESS FORMS 2,087.86
AMERICAN COLLOID COMPANY 191,305.85
AMERICAN FAMILY LIFE 449.16
ANDREW S. MCCREATH AND SON INC 600.00
ATMOS ENERGY 109,094.08
ATMOS ENERGY MARKETING LLC 49.69
AUTOMATED BUSINESS MACHINES 2,631.54
BARLOWORLD HANDLING LP 28,494.11
BEARDSLEY & PIPER, LLC 917.00
BEARINGS & DRIVES, INC. 2,606.41
BEAUFORT COUNTY FAMILY COURT 253.08
BELL SOUTH 2,428.38
BERTHIAUME, BEN 55.00
BETTY BASS FLOWERS & GIFTS 176.55
B-H TRANSFER CO 15,139.99
BHA GROUP INC 2,253.56
BIBB SUPPLY CO., INC. 774.12
BLAKE & PENDLETON INC. 1,419.61
BONNER JR., FRANK W. 687.06
BRAMMER SAFETY, INC. 197.36
BROADSPIRE SERVICES INC 32,054.85
BROWN & SHARPE INC 1,000.00
C.A. PICARD SURFACE ENGIN 6,572.97
CAIL TOOL & MACHINERY, INC 4,941.90
CARLA DEVITA REED 600.00
CARRIER VIBRATING EQUIPMENT, INC. 2,207.01
CASTROL INDUSTRIAL N A 2,083.13
CBI LEASING INC #1 11,710.11
CHAPTER 13 TRUSTEE 18,098.84
CINTAS CORP. 6,421.79
CINTAS CORPORATION 778.79
CLARK, ART 1,070.51
CLERK OF MUNICIPAL COURT 796.94
CLERK OF THE CIRCUIT COURT 324.83
Client Services ECM (Fidelity) 105.10
COBB WIRE ROPE & SLING CO. 896.09
COLUMBUS FIRE & SAFETY EQUIP 944.28
COLUMBUS INDUSTRIAL SUPPLY 1,463.13
COLUMBUS WATER WORKS 12,756.18
CONSTRUCTION MANAGEMENT SERVIC 8,550.00
CORINNE T. HURST/CIRCUIT CLERK 151.00
CURTIS REDDING 1,221.00
DANIELS, RICHARD 352.91
DAUBER COMPANY, INC. 13,520.00
DEFENDER SERVICES INC 11,397.60
DELL RECEIVABLES L.P. 2,307.73
DELPHI CHASSIS SYSTEMS 24,800.00
DISA TECHNOLOGIES 8,939.15
DOCTOR'S HOSPITAL 1,294.00
DONALD MAY 72.82
DYNAMIC AIR INC. 720.22
COLUMBUS FOUNDRY CASE NO. 04-67609
CASH DISBURSEMENTS
SEPTEMBER 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
DYSON CONVEYOR 1,548.26
E COHN COMPANY, INC. 7,500.00
EARTHLINK INC 23.95
EBCO BATTERY CO 548.97
EDDIE WILLIAMS 8,471.92
EDWARD E. RIFFLE 375.00
ELECTRIC MELTING SRVCES SW INC. 104,111.29
ELKEM METALS, INC. 85,272.34
Enterprise 1,118.79
ENVIRONMENTAL TECHNOLOGY CORP 130.85
ETA ENGINEERING, INC. 2,182.80
EXACT METROLOGY SERVICES 3,300.00
F & B AUTO ELECTRIC SERVICE 1,052.35
FANN INSTRUMENT 3,385.50
FERGUSON ENTERPRISES 6,185.73
FLETCHER OIL INC. 4,964.59
FORKLIFT'S PLUS, INC. 342.14
FORTNEY, LEE 42.54
FREEMAN MFG. & SUPPLY CO. 152.58
GA AUTOMATION CO. INC. 445.21
GAYLORD FOUNDRY EQUIPMENT, INC. 970.80
GEMS SENSORS DIVISION 222.46
GENERAL KINEMATICS 1,956.56
GENTRY MACHINE WORKS, INC. 27,993.43
GEORGIA POWER 991,185.49
GERALD COLLINS 221.92
GLENN PETRIK 2,860.33
GLOBE METALLURGICAL INC 180,616.80
GRAYLINK 472.67
GREGORY H. MCCOY 200.00
GRIFFCO QUALITY SOLUTIONS 336.00
GULF TRADING 60,720.00
HA INTERNATIONAL LLC 56,374.40
HALL JR., GAYLON B 303.27
HAMMOND CONSTRUCTION CO. 6,222.00
HARTLEY CONTROLS INC. 3,159.64
HAUTT, PETE 176.90
HERAEUS ELECTRO-NITE CO. 13,030.00
HILTI INC 603.53
IFCO INDUSTRIAL CONTAINER SYS 426.93
IKON OFFICE SOLUTIONS 254.66
INDUCTOTHERM CORP. 21,925.12
INDUSTRIAL 1 SUPPLY CO. 20,852.19
INDUSTRIAL COMBUSTION SVCE INC 14,303.20
INDUSTRIAL METAL FABRICATORS 21,946.00
INDUSTRIAL VENTILATION INC. 17,775.00
Information Handling Services 833.20
INSTITUTE OF MANAGEMENT ACCTS 185.00
INTERNAL REVENUE SERVICE 1,454.00
INTERNAL REVENUE SERVICE 320.00
INTERNATIONAL TREASURER-USAW 12,790.57
INTERSTATE ELECTRICAL SUPPLY 95,106.28
IRON AGE CORP 449.35
J.POLLOCK INC. 2,350.34
JESS W. JACKSON & ASSOCIATES 3,279.88
JOHNSON DIVERSITY/ DUBOIS 2,155.73
JOHNSTONE SUPPLY 625.87
K & S INDUSTRIAL 661.49
KENNETH ROY 186.54
KENT RUDBECK 8,066.82
KEVIN MARTIN 1,705.00
KNOX PEST CONTROL 186.00
KRAUTKRAMER BRANSON, INC. 2,798.07
LABCORP OF AMERICA HOLDINGS 1,097.50
LAEMPE + REICH CORPORATION 425.02
LAKE, STEVE 938.57
LAND TRANSPORTATION 194,069.95
LARPEN METALLURGIAL SERVICE 103,710.00
LEADING EDGE 17,814.13
COLUMBUS FOUNDRY CASE NO. 04-67609
CASH DISBURSEMENTS
SEPTEMBER 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
LIFTSYSTEMS OF GA LLC 6,482.33
LINA 250.00
LINDE GAS LLC 12,156.26
LORAMENDI, INC 1,008.12
MACAWBER ENGINEERING, INC. 485.50
MAGISTRATE COURT OF 1,281.77
MARTIN BROTHERS CONTAINERS 12,417.53
MCCALL, STEVE 560.65
MCI 418.22
MCI CONFERENCING 289.29
Mercer 8,403.00
Mercer 7,986.00
METOKOTE CORPORATION 98,762.71
MICHAEL SMITH 1,084.00
MIKE WINDISH 7,987.93
MILLER AND COMPANY LLC 75,665.06
MILLER LANDSCAPING 700.00
MISSOURI REFRACTORIES CO. INC. 12,927.20
MODERN EQUIPMENT COMPANY 954.48
MORRIS MATERIAL HANDLING 59,111.55
MOTION INDUSTRIES, INC. 27,174.89
MUSCOGEE COUNTY TAX COMM 169,093.48
NATIONAL AFFILIATED TECHNOLOGI 1,595.00
NATIONAL BELT SERVICE, INC 43,228.26
NC CHILD SUPPORT CENTRALIZED 271.00
NEWCO 10,528.02
NOBLE SALES 15,470.10
NOLEN, VIVIEN H. 165.48
NORFOLK SOUTHERN CORPORATION 105,000.00
NORTHBEND PATTERN WORKS,LLC 17,400.00
OCCUPATIONAL MEDICINE OF 2,342.20
OFFICE DEPOT CREDIT PLAN 1,781.38
OHIO CSPC 1,324.40
OMNISOURCE CORPORATION - COPPER 37,000.00
OMNISOURCE CORPORATION - STEEL 2,578,171.36
OVERBY COMPANY, THE 2,918.84
OWENS, B. ZANE 750.76
PAMELA LASHALL HOLT 600.00
PARMER WATER COMPANY 76.51
PAUL JORDAN 117.29
Payroll Issued (Includes Corp Disbursments 2,958,648.81
PERFECT PATTERNS INC. 97,166.00
PHILIP SERVICES CORP 5,908.00
PIEDMONT FOUNDRY SUPPLY, INC. 4,807.72
PIEDMONT NATIONAL CORPORATION 6,491.05
POWELL SYSTEMS, INC. 38,013.75
PREFERRED SOURCING 5,148.75
PRIMETRADE, INC. 588,308.48
Provident Life 84.50
PROVIDENT LIFE & ACCIDENT INS. 3,438.09
PRYOR GIGGEY COMPANY 4,320.00
R&R SAFETY SHOE SERVICE 1,130.99
RADIO WHOLESALE MARKETING 1,385.87
RANDALL D. QUINTRELL 589.45
REAVES WRECKING 17,775.44
REFRACTORY SALES & SERVICE CO. 11,574.00
REYNOLDS SUPPLY CO. 3,083.93
RICHARD DANIELS 134.17
RODGERS METAL CRAFT, INC. 10,999.60
S H R M 160.00
SAFETY SOUTH 4,955.47
SAFETY-KLEEN CORP. 1,787.99
SAM'S WELDING 1,690.00
SCALE SYSTEMS, INC. 2,330.00
SCORE, INC 18,428.00
SERVICE FIRST, INC. 377.55
SHANNON BAKER ASSOCIATES, INC. 107,488.20
SHEMWELL, DAVID 902.65
SHOES 'N COMPANY 1,055.57
COLUMBUS FOUNDRY CASE NO. 04-67609
CASH DISBURSEMENTS
SEPTEMBER 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
SILICON CARBIDE & MORE 350.00
SMITH GRAY ELECTRIC CO., INC. 19,920.01
SMITH, MIKE 459.38
SOUTHERN STATES TOYOTALIFT 70,124.59
SOUTHLAND CHEMICAL 173.35
SPECIALTY CARBIDE PRODUCTS 484.50
SPECIALTY FOUNDRY PRODUCT 3,127.08
SPHERION TEMPERORARY SERVICES 893.69
STATE BOARD OF WORKER COMP 8,425.82
STATE CENTRAL UNIT 640.00
STATE COLLECTION & DISBUREMENT 500.00
STROMQUIST & CO., INC. 48.90
SUPREME CORES OF THE CAROLINAS 8,124.36
THE BUSINESS RESOURCE CENTER 450.00
THE MODAL SHOP 661.15
THE NEW KEIBLER-THOMPSON CO. 3,710.00
THORNTON, JOSEPH 120.00
TOOLING & EQUIPMENT INTERNAT'L 286.55
TOT HILLS FARMS 250.00
TRANS-MAN LOGISTICS, INC. 101,908.15
TRIPLE M MANUFACTURING, INC. 8,020.00
TRU KUT INC 403.58
U.S. DEPT OF EDUCATION 311.36
UMETCO, INC 73,395.00
UNIFRAX 14,601.60
UNIMIN CORPORATION 59,994.00
VALLEY PLUMBING COMPANY 690.00
VESUVIUS U.S.A. 19,425.42
VICTORIA BODLEY 200.00
VOLVO RENTS 8,764.03
VULCAN ELECTRO COATING 26,160.25
W T HARVEY LUMBER CO 210.26
WANG, JAMES 95.10
WARD, KATHY 24.68
WARNER PAINT & DECORATING CENT 1,702.85
WARR GRADING CONTRACTOR 32,838.00
WASTE MANAGEMENT 3,859.59
WEAVER, ROBERT W 65.36
WHEELABRATOR ABRASIVES, INC. 59,745.00
WHEELABRATOR INTERNATIONAL 11,996.68
WILLIAM A.KIBBE & ASSOCIATES 3,120.00
WINGATE INN 934.80
YANCEY BROS. CO., 10,841.64
--------------
$10,635,735.22
==============
COLUMBUS FOUNDRY
CASE NO. 04-67609
AT OF 9/30/05
COLUMBUS FOUNDRY - BANK RECONCILIATION
Bank Balance $ --
Actual Outstanding AP Checks 490,874.80
Actual Outstanding PR Checks 325,060.89
-----------
815,935.69
Unadjusted GL Balance 815,935.69
-----------
Difference $ --
===========
COLUMBUS FOUNDRY
OUTSTANDING CHECK LIST
CASE NO. 04-67609
DATE CHECK OUTSTANDING
---- ----- -----------
3/11/2005 18449 $ 23.95
7/28/2005 21410 500.00
8/23/2005 21890 652.11
8/23/2005 21894 541.68
9/7/2005 22096 2,428.38
9/9/2005 22146 42.54
9/13/2005 22167 8,550.00
9/13/2005 22172 152.58
9/16/2005 22243 24.68
9/21/2005 22275 9,960.49
9/21/2005 22276 75.00
9/21/2005 22278 27,720.00
9/23/2005 22285 704.48
9/23/2005 22286 3,367.50
9/23/2005 22288 2,191.64
9/23/2005 22289 4,500.00
9/23/2005 22290 5,893.87
9/23/2005 22291 1,606.40
9/23/2005 22292 4,507.71
9/23/2005 22296 1,935.08
9/23/2005 22298 620.33
9/23/2005 22299 253.08
9/23/2005 22302 369.70
9/23/2005 22303 796.94
9/23/2005 22304 151.00
9/23/2005 22306 320.00
9/23/2005 22307 1,454.00
9/23/2005 22308 449.35
9/23/2005 22309 1,281.77
9/23/2005 22311 15,470.10
9/23/2005 22313 600.00
9/23/2005 22314 1,130.99
9/23/2005 22315 709.45
9/23/2005 22316 640.00
9/23/2005 22317 500.00
9/23/2005 22319 200.00
9/30/2005 22330 2,168.75
9/30/2005 22331 815.76
9/30/2005 22332 2,087.86
9/30/2005 22333 2,202.09
9/30/2005 22334 1,502.29
9/30/2005 22335 766.26
9/30/2005 22336 4,585.00
9/30/2005 22337 2,734.80
9/30/2005 22338 11,710.11
9/30/2005 22339 266.01
9/30/2005 22340 3,817.58
9/30/2005 22341 1,455.20
9/30/2005 22342 3,385.50
9/30/2005 22343 414.53
9/30/2005 22344 445.21
9/30/2005 22345 152.30
9/30/2005 22346 336.00
9/30/2005 22347 968.00
9/30/2005 22348 7,836.00
9/30/2005 22350 7,225.61
9/30/2005 22351 1,237.21
9/30/2005 22352 581.96
9/30/2005 22353 661.49
9/30/2005 22354 186.00
9/30/2005 22355 425.02
9/30/2005 22356 12,417.53
9/30/2005 22357 173.89
9/30/2005 22358 4,787.65
9/30/2005 22359 1,595.00
9/30/2005 22360 6,965.84
9/30/2005 22361 17,400.00
9/30/2005 22362 761.36
9/30/2005 22363 5,908.00
9/30/2005 22364 1,120.75
9/30/2005 22365 900.94
9/30/2005 22366 160.51
9/30/2005 22367 1,043.25
9/30/2005 22368 9,201.00
9/30/2005 22369 377.55
9/30/2005 22370 4,510.17
9/30/2005 22371 6,104.67
9/30/2005 22372 82.13
9/30/2005 22373 661.15
9/30/2005 22374 8,020.00
9/30/2005 22375 9,300.12
9/30/2005 22376 1,087.97
9/30/2005 22377 675.00
9/30/2005 22378 1,294.00
9/30/2005 22379 67.40
9/30/2005 22380 1.56
9/30/2005 22381 687.06
9/30/2005 22382 324.83
9/30/2005 22383 3.04
9/30/2005 22384 72.82
9/30/2005 22385 2,000.00
9/30/2005 22386 81.90
9/30/2005 22387 12,790.57
9/30/2005 22388 2,350.34
9/30/2005 22390 119.21
9/30/2005 22391 713.19
9/30/2005 22392 589.45
9/30/2005 22393 134.17
9/30/2005 22394 162.55
9/30/2005 22395 120.00
9/30/2005 22396 250.00
9/30/2005 22397 311.36
9/30/2005 22398 95.10
9/30/2005 22399 45,013.50
9/30/2005 22401 35,157.22
9/30/2005 22407 41,479.12
9/30/2005 22409 69,440.00
9/30/2005 22416 16,350.00
9/30/2005 22417 480.00
9/30/2005 22418 2,206.00
9/30/2005 22419 482.59
9/30/2005 22420 6,552.00
-----------
$490,874.80
===========
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: SEPTEMBER 30, 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: OCTOBER 20, 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 SEPTEMBER 30, 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: OCTOBER 20, 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 9-30-05
($000's)
CASE #04-67612
DIVERSIFIED
DIEMAKERS
----------------
Total
Current Since
Month Filing
------- ------
Net Sales 6,147 84,765
Cost of Goods Sold
Materials and Freight 2,035 28,342
Wages - Hourly 1,324 16,113
Wages-Salary 138 1,808
Employee Benefits and Pension 819 9,167
Repairs & Maintenance 515 5,078
Supplies 122 1,567
Utilities 290 3,108
Purchased Components/Services -- --
Income(loss) from Pattern Sales 107 1,936
Fixed Asset - (gain/loss) -- --
MIS Expense 86 86
Travel & Entertainment 10 56
Other Variable Costs 434 5,505
Depreciation & Amortization 667 8,198
Other Allocated Fixed Costs 155 3,892
Other Fixed Costs 167 1,757
------ ------
Cost of Goods Sold 6,869 86,613
Gross Profit (722) (1,848)
Plant SG&A Expense -- (6)
SG&A Expense - Allocation (Sched 1) 257 3,033
Other Operating Expenses -- 551
------ ------
Total Operating Expenses 257 3,578
Operating Profit (979) (5,426)
Outside Interest Income -- --
Outside Interest (Expense) -- --
Intercompany Interest Income -- --
Intercompany Interest (Expense) (249) (2,576)
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 (249) (2,563)
Income Before Income Taxes (1,228) (7,989)
Income Tax Expense -- 41
------ ------
Net Income (1,228) (8,030)
====== ======
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs September
(Allocation of Corporate Costs to Filing Entities)
(000's)
September
---------
Officer Compensation $ 189
Salary Expense other Employees 949
Employee Benefits and Pension (166)
Payroll Taxes 49
Other Taxes (1)
Rent and Lease Expense 203
Interest Expense
Insurance 54
Automobile and Truck Expense 11
Utilities(Gas Electric,Phone) 51
Depreciation 87
Travel and Entertainment 155
Repairs and Maintenance 40
Advertising/Promotion 0
Supplies, Office Expense 33
OTHER:
Contributions 0
Professional Fees - Audit/Tax 350
Bank Fees 0
Public Reporting Fees (100)
Employee Relocation/Training 5
Data Processing 25
Dues and Subscriptions 12
Outside Services 245
Project Development Costs net of Billings 19
Director Fees 25
Miscellaneous 1
Legal Fees 26
Cost Allocation - Europe (78)
Cost Allocation - Out (204)
------
$1,979
======
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 327
------
Total $1,979
======
Intermet Corp. and Subsidiaries
Balance Sheet as of 09-30-O5
($000's)
CASE #04-87812
DIVERSIFIED
DIEMAKERS
--------------
Cash And Equivalents $ 26
Accounts Receivable 10,756
Short-Term Intercompany Receivables 105
Inventories 17,251
Other Current Assets 1,034
--------
TOTAL CURRENT ASSETS 29,172
Land and Buildings 16,395
Machinery & Equipment 57,950
Construction In Progress 1,385
--------
Total Fixed Assets 75,730
Accumulated Depreciation (47,489)
--------
NET FIXED ASSETS 28,241
Investment In Subsidiaries --
Investment In European Operations --
Long-Term Intercompany Receivables 40,285
Deferred Taxes, Long-Term Asset --
Other Assets --
--------
TOTAL ASSETS $ 97,698
========
LIABILITIES AND SHAREHOLDER EQUITY
POST PETITION LIABILITIES
Accounts Payable $ 1,956
Wages and Salaries (See schedule) 366
Taxes Payable - (See schedule) 1,078
--------
TOTAL POST PETITION LIABILITIES 3,400
SECURED LIABILITIES:
SECURED DEBT --
--------
PRE-PETITION LIABILITIES:
Taxes and Other Priority Liabilities:
Accrued Income Taxes --
Accrued Tax - State --
Accrued Property Taxes --
Accrued Workers Comp 1,189
Accrued Payroll --
Accrued Payroll Taxes --
--------
TOTAL TAXES AND OTHER PRIORITY LIABILITIES 1,189
UNSECURED LIABILITIES
Accounts Payable 6,278
Senior & IDR Bonds --
--------
TOTAL UNSECURED LIABILITIES 6,278
OTHER LIABILITIES
Accrued Liabilities 4,047
Short-Term Intercompany Payables --
Retirement Benefits 1,153
Deferred Taxes - Long-Term Liability --
Other Long-Term Liabilities 856
Long-Term Intercompany Payables --
Minority Interest --
--------
TOTAL LIABILITIES 16,923
Common Stock --
Capital In Excess Of Par Value 110,000
Retained Earnings - Prepetition (21,195)
Retained Earnings - Post Petition (8,030)
Equity In European Operations
Accumulated Translation Adjustment --
Minimum Pension Liability Adjustment --
Unearned Restricted Stock --
--------
TOTAL SHAREHOLDER EQUITY 80,775
--------
TOTAL LIABILITIES AND EQUITY $ 97,698
========
PERIOD ENDED: 09-30-05 DIVERSIFIED DIEMAKERS, INC. CASE #04-67612
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
8/31/2005 Withheld Deposits 9/30/2005
----------- ----------- ---------- -----------
Income tax withheld: Federal ($18,271) ($174,466) $ 157,975 ($34,762)
Income tax withheld: State (5,779) (55,776) 50,437 (11,118)
Income tax withheld: Local 0 0 0 0
FICA Withheld (14,535) (132,630) 121,090 (26,076)
Employers FICA (14,536) (132,630) 121,091 (26,075)
Unemployment Tax: Federal (96) (449) 425 (120)
Unemployment Tax: State (383) (1,795) 1,699 (479)
All Other Payroll W/H (46,920) (268,428) 250,185 (65,164)
State Taxes: Inc./Sales/Use/Excise (4,534) (7,217) 6,416 (5,335)
Property Taxes (325,453) (47,861) 0 (373,314)
Workers Compensation (494,330) (107,792) 66,768 (535,354)
----------- ----------- ---------- -----------
Total ($924,836) ($929,044) $ 776,084 ($1,077,796)
Wages and Salaries (307,806) (1,256,083) 1,198,004 (365,885)
----------- ----------- ---------- -----------
Grand Total ($1,232,642) ($2,185,127) $1,974,087 ($1,443,682)
=========== =========== ========== ===========
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 $ 1,955,655 $1,791,525 $157,191 $ 6,939
Accounts Receivable $11,133,767 $9,003,098 $816,997 $1,313,672
INTERMET CORPORATION AND SUBSIDIARIES
CASH ACTIVITY ANALYSIS: MONTHLY CASH STATEMENT
MONTH ENDED 9/30/2005
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 -- -- 22,731 2,000 --
RECEIPTS -- -- 369 275 --
TRANSFERS IN (CORPORATE) 5,408,467 1,097,343 -- -- 808,047
DISBURSEMENTS (5,408,467) (1,097,343) (194) (11) (808,047)
TRANSFERS OUT (CORPORATE) -- -- -- (2,264) --
---------- ---------- ------ ------ --------
ENDING BANK BALANCE -- -- 22,905 -- --
MATERIALS & OTHER DISBURSEMENTS PAID FOR BY CORPORATE 1,624,344
CHECKS ISSUED 1,065,684
PAYROLL DISBURSED (INCLUDES PAYROLL PAID BY CORPORATE) 2,276,988
CORPORATE DEBIT MEMOS 69,514
----------
TOTAL DISBURSEMENTS (SEE TOTAL DISBURSEMENTS RECONCILIATION) $5,036,530
==========
OUTSTANDING CHECKS AS OF AUGUST 31 122,417
VOIDED CHECKS OUTSTANDING AS OF AUGUST 31 (176)
CHECKS ISSUED DURING SEPTEMBER 1,065,684
CHECKS CLEARED DURING SEPTEMBER (1,096,593) Excludes check #401319 for $750.
----------
OUTSTANDING CHECKS AS OF SEPTEMBER 30 (SEE OUTSTANDING $ 91,332
CHECKLIST) ==========
DIVERSIFIED DIEMAKERS, INC. CASE NO. 04-67612
CASH DISBURSEMENTS
SEPTEMBER 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
A & A MANUFACTURING CO $ 297.47
A & S PRINTING SERVICE 13,583.68
ABEL OIL CO 718.03
ACE INSURANCE 66,768.16
ACHESON COLLOIDS COMPANY 7,375.81
ADECCO EMPLOYMENT SERVICES 38,770.63
ADRIAN SAUNDERS 30.00
ADVANCE PRODUCTS CORP. 282.93
ALBERT MILES 15.00
ALLEGHENY COATINGS 358.00
ALLIED WASTE SERVICES 2,568.36
ALTORFER MACHINERY COMPANY 236.58
AMACOR 138,600.00
AMERICAN METAL CHEMICAL CORP. 297.00
AMERICAN SOCIETY FOR QUALIT 75.45
AMI PIPE AND SUPPLY CO. 600.82
ANASTAS CONTROLS CO., INC. 3,990.30
APPLEBEE TREE FLOWERS & GIFTS 231.58
ARISTOCAST, INC. 9,858.80
AT&T 52.35
AT&T 86.69
ATMOS ENERGY 4,632.59
AWERKAMP MACHINE CO. 2,476.90
BABBY WILLIAMS 136.16
BALZERS TOOL COATING INC. 134.78
BANK OF AMERICA 5,719.89
BARCOR, INC. 138.10
BATES SALES COMPANY 541.34
BDC, INC. 4,191.18
BENT TUBE, INC. 741.07
BIJUR LUBRICATING CORPORATION 379.67
BLEIGH READY MIX CO. 344.47
BLI TOOL & DIE, INC 591.78
BOB CARMEAN (EMPLOYEE) 52.52
BOB GEIST 1,219.31
BOBBI HUDSON 10.50
BORIDE ENGINEERED ABRASIVES 162.56
BOURN & KOCH, INC 63.00
BRAD HUDSON 10.31
BRENT DUDGEON (EMPLOYEE) 1,840.23
BUCKMAN'S CONVENIENCE STORE 1,850.23
BURST MACHINERY COMPANY 3,490.92
C&R MARKET - MONROE CITY 118.93
C. J. SMITH MACHINERY CO 502.96
CAMCAR TEXTRON 31,516.87
CANFIELD & JOSEPH, INC 1,444.00
CAPE ELECTRICAL SUPPLY, INC 3,495.05
CAROLYN A. GRAINGER 23,407.50
CASTING EQUIPMENT & SUPPLY 855.00
CENTERLINE (WINDSOR) LTD 42.12
CENTRAL WELDING SUPPLIES, INC 14,819.12
CENTURYTEL 476.07
CERTANIUM ALLOYS 366.05
CHARLIE SMOOT (EMPLOYEE) 142.50
CHARNSTROM 267.28
CHEM-TREND INCORPORATED 24,462.00
CHRISTY REFRACTORIES COMPANY 732.00
CITY OF MONROE CITY 133,680.32
CITY OF SHELBINA 83.22
CONTROL-AIR, INC. 1,088.30
COORSTEK, INC. 2,865.00
COSMO SOLUTIONS TECHNOLOGY INC. 160.00
CRESCENT ELECTRIC SUPPLY CO. 330.47
CRESCENT PARTS & EQUIP 80.10
CROWN LINEN SERVICE, INC. 1,287.49
DAN FOSTER (EMPLOYEE) 57.02
DANA CORPORATION 190,745.20
DANIEL SKAGGS 1,387.06
DIVERSIFIED DIEMAKERS, INC. CASE NO. 04-67612
CASH DISBURSEMENTS
SEPTEMBER 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
DAVID SMITH 4.84
DAVID T. REDMAN 91.88
DAVIS TOOL & DIE 71,410.00
DCT INDUSTRIAL SUPPLY 92.88
DEAD SEA MAGNESIUM LTD 130,098.96
DEBBY SHIVELY (EMPLOYEE) 205.77
DENNY MOSS 124.50
DIATEST GAUGES & TOOLS, INC. 640.00
DICK BOLING 140.79
DISA GOFF, INC. 1,544.21
DIVERSIFIED DIEMAKERS(EMPLOYEE RELATED) 994.48
DON BEHRING 75.00
DON HAYS (EMPLOYEE) 435.07
EASTERN ALLOYS 174,189.50
EFD, INC 210.52
ELDRIDGE BROCK, JR 32.32
ELECTROCHEM, INC. OF MO 1,828.50
ENGINEERED LUBRICANTS CO. 13,452.80
ERIC LAMB 58.76
ETW INC 1,506.00
FALCON TOOL CO., INC. 90.67
FANUC ROBOTICS NORTH AMERICA 2,144.52
FASTENAL COMPANY 2,885.69
FEDEX 754.50
FLO-PRODUCTS COMPANY 461.81
FRANK FLORI EQUIPMENT CO. 91.44
FRENCH GERLEMAN ELECTRIC CO. 11,767.48
G&H DIVERSIFIED MFG, L.P. 210.60
G.H. TOOL & MOLD 6,465.40
G.S. ROBINS AND COMPANY 182.29
GALLAGHER BENEFIT SERVICES 3,000.00
GARY SHOEMAKER 15.00
GARY YAGER 856.75
GASKET & SEAL FABRIC. INC. 125.22
GATEWAY METALS INC 12,341.09
GE CAPITAL 4,495.08
GEO. C. POTTERFIELD TRUCKING 2,602.08
GEOLOGISTICS AMERICAS INC 2,719.00
GETZ FIRE EQUIPMENT CO 3,728.18
GLOBAL PRINTER SERVICES 206.00
GOAD COMPANY 1,545.00
GRAINGER 9,826.94
GREAT CENTRAL LUMBER COMPANY 216.00
GREENFIELD COMMERCIAL CREDIT 1,139.00
HANNIBAL BOARD OF PUBLIC WORKS 23,570.09
HANNIBAL CLINIC INC 121.00
HANNIBAL REGIONAL HOSPITAL 200.00
HEINTZ ELECTRIC COMPANY 2,782.07
HELCO PRECISION TOOLS & GAGES 1,127.24
HENKEL LOCTITE CORPORATION 1,637.72
HILLYARD FLOOR CARE SUPPLY 26.12
HTE TECHNOLOGIES 24,357.37
ICONNECT 104.00
IDG USA, LLC 5,493.25
IDRAPRINCE, INC 3,014.09
ILLINI ENVIRONMENTAL INC 4,000.00
INDUSTRIAL FINISHING SERVICES 13,282.53
INDUSTRIAL PROCESS EQUIP GROUP 87.78
INDUSTRIAL SHELVING SYSTEMS 7,596.00
INDUSTRIAL STRAINER COMPANY 1,741.32
INFORMATION HANDLING 833.20
INSIGHT/HARDDRIVES INT'L 26.76
IOWA MACHINERY & SUPPLY 118.83
JACK THORNBURG (EMPLOYEE) 15.75
JACKSON-HIRSH, INC 342.00
JANE CROWE (EMPLOYEE) 462.40
JARRETT PORTER 15.00
JAY GOTTMAN 28.26
JENZANO, INC 31.65
DIVERSIFIED DIEMAKERS, INC. CASE NO. 04-67612
CASH DISBURSEMENTS
SEPTEMBER 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
JERRY IRICK 173.16
JERRY RUHL (EMPLOYEE) 608.37
JO ANN KLEINDIENST 48.00
JOAN STONE 96.00
JOE GASS (EMPLOYEE) 75.00
JOHN HENRY FOSTER CO 809.29
JOHN LONG 1,655.61
JOST MACHINERY COMPANY 6,355.16
KAREN KAESON 258.56
KARLA WATSON 12.00
KC ROBOTICS INC 6,625.00
KENNY'S SERVICE CENTER 29.97
KEVIN BICHSEL (EMPLOYEE) 34.00
KEVIN KNAPP 75.00
KEVIN PETERS (EMPLOYEE) 65.63
KEYENCE CORP OF AMERICA 192.00
KING FILTRATION TECHNOLOGIES 77.20
KONIECZNY TOOL & DIE 16,600.00
L.N. BROSS 2,930.17
LAB SAFETY SUPPLY 77.82
LENZKES CLAMPING TOOLS 1,153.38
LINDA STUTHEIT 1,193.72
LISA YAGER 25.94
LITTLE DOG AUTO PARTS 801.24
LORA BATES 75.00
LOWRY COMPUTER PRODUCTS INC 3,092.16
LUBY EQUIPMENT SERVICES 729.00
LUNT MFG CO 40,323.00
MANPOWER 6,828.94
MARK BUTLER 252.40
MARK TWAIN SUPPLY CO 5,429.39
MARK UTTERBACK (EMPLOYEE) 19.24
MARLIN REAGAN (EMPLOYEE) 60.00
MC MACHINERY SYSTEMS, INC 97.27
MCLEAN MIDWEST 75.46
MCMASTER-CARR SUPPLY COMPANY 43.07
MERCER 1,249.00
MERCER 498.00
MERRICK MACHINERY CO 126.71
MFA OIL CO 2,176.00
MIDLAND INDUSTRIES, INC 117,598.14
MIDLAND PAPER 615.00
MIKE FISHER 15.00
MISSOURI CHAMBER OF COMMERCE 2,300.00
MISUMI USA INC 51.87
MOHLER MATERIAL HANDLING, I 14,490.00
MONROE AUTO PARTS 411.10
MONROE CITY SHELTER WORK SHOP 13,436.10
MOTION INDUSTRIES, INC 12,264.45
MOYERS SERVICE CENTER & 2,103.09
MSC INDUSTRIAL SUPPLY CO 3,660.57
MUNICIPAL TOOL & MACHINERY CO 11,589.30
MUNROE MATERIAL HANDLING 251.73
MVI, INC 666.90
NALCO COMPANY 1,379.40
NATIONAL KARD 149.80
NATIONAL SCALE TECHNOLOGY, INC 210.70
NEFF POWER INC 3,522.73
NEWARK INONE 1,332.66
NORTHEAST MO MACHINE & PATTERN 1,230.18
NUWAY CONCRETE FORMS INC 2,672.13
OMEGA ENGINEERING, INC 160.72
ONEOK ENERGY MARKETING COMPANY 80,480.35
OVERHEAD DOOR CO. OF QUINCY 852.47
P.C. PLATING, INC 40.00
PALMYRA BOARD OF PUBLIC WORKS 66,257.45
PALMYRA HARDWARE 133.65
PALMYRA SHEET METAL 235.00
PARTHENIA GORDON 37.50
DIVERSIFIED DIEMAKERS, INC. CASE NO. 04-67612
CASH DISBURSEMENTS
SEPTEMBER 2005
TOTAL
VENDOR DISBURSEMENTS
------ -------------
PATTERSON MOLD AND TOOL, INC. 23,500.00
PATTY BECKER 249.00
PAULO PRODUCTS CO. 791.05
PAYROLL ISSUED (INCLUDES CORP DISBURSMENTS 2,276,988.16
PDC LABORATORIES, IN 205.00
POLAR ICE CO. 163.00
PRECISION INTERNATIONAL CORP. 224.90
PRECISION TOOL COMPANY 711.12
PROFORMA 1,550.74
PROVIDENT LIFE 113.75
PRUDENTIAL INSURANCE 12,597.79
PSYCHEMEDICS CORPORATION 1,526.00
PTI/QUALITY CONTAINMENT 3,028.00
PURCHASE PARTNERS 4,590.00
QWEST COMMUNICATIONS 690.69
RADCO INDUSTRIES 4,937.00
RAY MCCURDY 486.12
REMACOR, INC. 4,521.00
RES MANUFACTURING COMPANY 2,040.00
RICH SEWARD 65.71
RICHARD FEITH 52.68
RICHARD GREENE CO. 680.86
RICHARD LEEZY 130.90
RICHARDS ELECTRIC MOTOR CO. 2,376.30
RIMROCK 4,599.26
ROBERT WATSON 91.18
ROBERTY SAXBURY 32.33
ROBEY BUILDING SUPPLY, INC. 468.45
ROCHESTER TOOL & CUTTER 826.00
ROCKFORD SYSTEMS, INC. 978.45
RTD OFFICE PRODUCTS 684.86
RUSSELL HARRISON 75.00
RUSTIC OAK CABIN RESTAURANT 485.80
RUTH ANN TIPTON 50.00
SAFETY-KLEEN SYSTEMS 899.40
SAM WILSON 243.10
SARAH SHUCK 64.20
SBC 1,495.77
SCOTT SPECIAL TOOLS, INC. 1,734.40
SCOTT WILLIAMS (EMPLOYEE) 861.00
SEMBLEX CORP. 3,814.35
SEMCO, INC 478.79
SHARP BROS. INC. 1,288.00
SHERYL HAYS (EMPLOYEE) 162.50
SNAP-ON TOOLS 244.31
SOLUTIA INC. 2,765.24
SPAN MANUFACTURING 1,455.00
SPECTRA COMMUNICATIONS GROUP 268.63
SPECTRO ALLOYS CORP. 277,507.66
SPHERION CORPORATION 12,412.10
SPINCRAFT 760.40
SPRINT 5,633.39
SPRINTER MARKING INC. 164.21
ST. LOUIS BOILER SUPPLY 479.50
STERLING, INC 1,070.00
STRIPMATIC PRODUCTS INC. 4,527.00
SUNNEN PRODUCTS COMPANY 3,168.55
SUNSOURCE 2,094.30
SYMMCO, INCORPORATED 37,814.53
T.F. EHRHART COMPANY 2,399.73
TARGET ELECTRONIC SU 759.70
TAYLOR IND SERVICES HPM DIV 1,389.74
TEMTRON, INC. 56.18
TENNANT 69.32
THERMO ELECTRON SCIENTIFIC INS 7,920.00
THREE BOND INTERNATIONAL INC. 80.00
TIC-MS, INC. 1,593.42
TIFFIN FOUNDRY & MACHINE, INC. 1,140.00
TIM MUDD 15.00
DIVERSIFIED DIEMAKERS, INC. CASE NO. 04-67612
CASH DISBURSEMENTS
SEPTEMBER 2005
TOTAL
VENDOR DISBURSEMENTS
------ -------------
TIMKEN US CORPORATION 34,652.80
TIMOTHY A. ZEIGER 52.50
TOM CHRISTINE 184.58
TOM DEITZMAN (EMPLOYEE) 69.00
TOM WATSON (EMPLOYEE) 249.22
TOYOTA TSUSHO AMERICA INC. 22,623.40
TRANSMAN 89,661.61
TROY DESIGN 22,000.00
U.S. CELLULAR 793.90
U.S. MAGNESIUM, LLC 331,269.48
U.S. POSTAL SERVICE 1,500.00
UNISOURCE WORLDWIDE INC. 29,721.26
UNITED ROBOTICS, INC. 795.00
UNITED STATES DRILL HEAD CO. 4,452.50
VAC-U-MAX 469.09
VEKTEK INC. 64.90
VICTORY PACKAGING 10,426.73
VONTHUN POWERWASHING 7,000.00
WALTER TULEY 94.28
WESTHOFF 48.26
WHITLAM LABEL CO. 270.00
WIESE PLANNING & ENGINEERING 5,411.77
WILLIAM A KIBBE & ASSOCIATES 120.00
WILSON GRANITE 300.00
WINK'S LAWN SERVICE 1,500.00
WISE EL SANTO CO., INC. 1,499.95
YELLOW FREIGHT SYSTEM, INC. 455.93
YOUNG TOUCHSTONE CO. 350.73
-------------
$5,036,529.99
DIVERSIFIED DIEMAKERS, INC.
CASE NO. 04-67612
AT OF 9/30/05
MONROE - BANK RECONCILIATION
Bank Balance $ --
Actual Outstanding AP Checks 91,331.99
Payroll Checks Outstanding 208,482.01
-----------
299,814.00
Unadjusted GL Balance 299,814.00
-----------
Difference $ --
===========
DIVERSIFIED DIEMAKERS, INC.
CASE NO. 04-67612
MONROE
OUTSTANDING CHECKS
CASE NO. 04-67612
DATE CHECK OUTSTANDING
- ---------- ------ -----------
10/5/2004 337183 $ 45.00
11/5/2004 337674 35.76
11/5/2004 337705 5.00
11/11/2004 337789 158.49
11/16/2004 337916 341.24
11/17/2004 337930 454.88
12/29/2004 338726 821.25
7/8/2005 402158 3,100.00
7/15/2005 402289 512.76
7/22/2005 402545 321.78
8/12/2005 402990 181.50
8/19/2005 403089 37.75
8/26/2005 403196 29.13
8/26/2005 403197 21.53
9/2/2005 403320 30.00
9/2/2005 403321 15.00
9/2/2005 403330 10.50
9/2/2005 403346 30.00
9/9/2005 403482 57.02
9/13/2005 403571 466.84
9/15/2005 403579 67.09
9/15/2005 403581 134.78
9/16/2005 403598 1,444.00
9/16/2005 403608 75.00
9/16/2005 403624 30.00
9/16/2005 403644 75.00
9/16/2005 403645 430.50
9/16/2005 403656 184.58
9/16/2005 403657 7,662.66
9/20/2005 403667 43.57
9/21/2005 403670 60.57
9/22/2005 403675 1,139.00
9/23/2005 403684 10.31
9/23/2005 403690 209.00
9/23/2005 403693 91.88
9/23/2005 403694 175.77
9/23/2005 403696 2,507.19
9/23/2005 403707 28.26
9/23/2005 403708 31.65
9/23/2005 403709 60.00
9/23/2005 403717 19.24
9/23/2005 403720 4,446.24
9/23/2005 403722 37.17
9/23/2005 403723 48.40
9/23/2005 403724 549.47
9/23/2005 403729 18.00
9/23/2005 403732 826.00
9/23/2005 403736 24.00
9/23/2005 403737 7,479.63
9/26/2005 403742 358.00
9/27/2005 403743 50.47
9/27/2005 403745 544.00
9/28/2005 403749 85.27
9/29/2005 403750 297.47
9/29/2005 403751 129.69
9/30/2005 403756 5,140.89
9/30/2005 403757 3,267.00
9/30/2005 403758 236.58
9/30/2005 403759 297.00
9/30/2005 403760 240.86
9/30/2005 403761 52.52
9/30/2005 403762 64.00
9/30/2005 403763 76.56
9/30/2005 403764 1,365.15
9/30/2005 403765 192.08
9/30/2005 403766 10,476.80
9/30/2005 403767 4,139.50
9/30/2005 403768 63.75
9/30/2005 403769 5,370.00
9/30/2005 403770 92.88
9/30/2005 403771 253.44
9/30/2005 403772 1.27
9/30/2005 403773 230.72
9/30/2005 403774 142.42
9/30/2005 403775 32.32
9/30/2005 403776 40.20
9/30/2005 403777 238.11
9/30/2005 403778 91.44
9/30/2005 403779 1,872.40
9/30/2005 403780 105.88
9/30/2005 403781 631.95
9/30/2005 403782 327.16
9/30/2005 403783 206.00
9/30/2005 403784 1,545.00
9/30/2005 403785 121.00
9/30/2005 403786 641.70
9/30/2005 403787 173.16
9/30/2005 403788 48.00
9/30/2005 403789 96.00
9/30/2005 403790 469.61
9/30/2005 403791 483.25
9/30/2005 403792 2,199.12
9/30/2005 403793 77.82
9/30/2005 403794 75.00
9/30/2005 403795 615.75
9/30/2005 403796 1,678.38
9/30/2005 403797 252.40
9/30/2005 403798 424.20
9/30/2005 403800 1,093.95
9/30/2005 403801 68.24
9/30/2005 403802 51.50
9/30/2005 403803 39.76
9/30/2005 403804 206.81
9/30/2005 403805 329.22
9/30/2005 403806 251.73
9/30/2005 403807 60.00
9/30/2005 403808 235.00
9/30/2005 403809 18.75
9/30/2005 403810 249.00
9/30/2005 403811 486.12
9/30/2005 403812 516.67
9/30/2005 403813 91.18
9/30/2005 403814 32.33
9/30/2005 403815 55.30
9/30/2005 403816 75.00
9/30/2005 403817 1,382.62
9/30/2005 403818 1,588.80
9/30/2005 403819 571.30
9/30/2005 403820 217.60
9/30/2005 403821 1,070.00
9/30/2005 403822 181.19
9/30/2005 403823 80.00
9/30/2005 403824 411.36
9/30/2005 403825 1,500.00
9/30/2005 403826 270.00
----------
$91,331.99
==========
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: SEPTEMBER 30, 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: OCTOBER 20, 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-Foreign Insurance for Foriegn 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 SEPTEMBER 30, 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: OCTOBER 20, 2005 /s/ Robert E. Belts
----------------------------------------
Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- --------------
Title Phone
Internet Corp. and Subsidiaries
Operating Statement
For the Month Ended 9-30-05
($000's)
CASE #04-67600
GANTON
TECHNOLOGIES
----------------------------------
Current Month Total Since Filing
------------- ------------------
Net Sales 1,808 54,064
Cost of Goods Sold
Materials and Freight 695 13,989
Wages - Hourly 431 12,525
Wages-Salary 271 5,426
Employee Benefits and Pension 737 11,778
Repairs & Maintenance 64 1,482
Supplies 99 2,884
Utilities 237 3,588
Purchased Components/Services 284 6,627
Income(loss) from Pattern Sales (71) 13
Fixed Asset - (gain/loss) -- --
MIS Expense 8 106
Travel & Entertainment 9 179
Other Variable Costs 135 4,023
Depreciation & Amortization 150 2,797
Other Allocated Fixed Costs -- --
Other Fixed Costs 70 2,034
------ -------
Cost of Goods Sold 3,119 67,451
Gross Profit (1,311) (13,387)
Plant SG&A Expense (29) 188
SG&A Expense - Allocation (Sched 1) 168 1,980
Other Operating Expenses 1 10,477
------ -------
Total Operating Expenses 140 12,645
Operating Profit (1,451) (26,032)
Outside Interest Income -- --
Outside Interest (Expense) -- --
Intercompany Interest Income -- --
Intercompany Interest (Expense) (83) (1,122)
Charges (From) Affiliates -- --
Charges To Affiliates -- --
Gain/(Loss) On Sales Of Assets 39 2,752
Outside Dividend Income -- --
Foreign Exchange Gain/(Loss) -- --
Income/Loss From European Operations -- --
Other Income/(Expense) -- --
------ -------
Total Non-Operating Expenses (44) 1,630
Income Before Income Taxes (1,495) (24,402)
Income Tax Expense 13 148
------ -------
Net Income (1,508) (24,550)
====== =======
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs September
(Allocation of Corporate Costs to Filing Entities)
(000's)
September
---------
Officer Compensation $ 189
Salary Expense other Employees 949
Employee Benefits and Pension (166)
Payroll Taxes 49
Other Taxes (1)
Rent and Lease Expense 203
Interest Expense
Insurance 54
Automobile and Truck Expense 11
Utilities(Gas Electric, Phone) 51
Depreciation 87
Travel and Entertainment 155
Repairs and Maintenance 40
Advertising/Promotion 0
Supplies, Office Expense 33
OTHER:
Contributions 0
Professional Fees - Audit/Tax 350
Bank Fees 0
Public Reporting Fees (100)
Employee Relocation/Training 5
Data Processing 25
Dues and Subscriptions 12
Outside Services 245
Project Development Costs net of Billings 19
Director Fees 25
Miscellaneous 1
Legal Fees 26
Cost Allocation - Europe (78)
Cost Allocation - Out (204)
------
$1,979
======
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 327
------
Total $1,979
======
Intermet Corp and Subsidiaries
Balance Sheet as of 09-30-05
($000's)
CASE #04-67600
GANTON
TECHNOLOGIES
--------------
Cash And Equivalents $ --
Accounts Receivable 4,892
Short-Term Intercompany Receivables 608
Inventories 3,766
Other Current Assets 50
---------
TOTAL CURRENT ASSETS 9,316
Land and Buildings 11,092
Machinery & Equipment 30,532
Construction In Progress 236
---------
Total Fixed Assets 41,860
Accumulated Depreciation (27,036)
---------
NET FIXED ASSETS 14,824
Investment In Subsidiaries --
Investment In European Operations --
Long-Term Intercompany Receivables 11,061
Deferred Taxes, Long-Term Asset --
Other Assets 71
---------
TOTAL ASSETS $ 35,272
=========
LIABILITIES AND SHAREHOLDER EQUITY
POST PETITION LIABILITIES
Accounts Payable $ 807
Wages and Salaries (See schedule) 62
Taxes Payable - (See schedule) 1,101
---------
TOTAL POST PETITION LIABILITIES 1,970
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 553
Accrued Payroll --
Accrued Payroll Taxes --
---------
TOTAL TAXES AND OTHER PRIORITY LIABILITIES 560
UNSECURED LIABILITIES
Accounts Payable 9,490
Senior & IDR Bonds --
---------
TOTAL UNSECURED LIABILITIES 9,490
OTHER LIABILITIES
Accrued Liabilities 926
Short-Term Intercompany Payables 263
Retirement Benefits 1,486
Deferred Taxes - Long-Term Liability --
Other Long-Term Liabilities --
Long-Term Intercompany Payables 9,706
Minority Interest --
---------
TOTAL LIABILITIES 24,401
Common Stock --
Capital In Excess Of Par Value 160,000
Retained Earnings - Prepetition (124,579)
Retained Earnings - Post Petition (24,550)
Equity In European Operations
Accumulated Translation Adjustment --
Minimum Pension Liability Adjustment --
Unearned Restricted Stock --
---------
TOTAL SHAREHOLDER EQUITY 10,871
---------
TOTAL LIABILITIES AND EQUITY $ 35,272
=========
PERIOD ENDED: 09-30-05 CASE #04-67600
GANTON TECHNOLOGIES (PULASKI)
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
8/31/2005 Withheld Deposits 9/30/2005
--------- --------- ---------- ---------
Income tax withheld: Federal ($4,087) ($77,626) $ 74,897 ($6,816)
Income tax withheld: State 0 0 0 0
Income tax withheld: Local 0 0 0 0
FICA Withheld (3,428) (28,506) 26,216 (5,718)
Employers FICA (3,428) (28,506) 26,216 (5,718)
Unemployment Tax: Federal (358) (598) 358 (598)
Unemployment Tax: State (2,913) (4,858) 2,913 (4,858)
All Other Payroll W/H 0 0 0 0
State Taxes: Inc./Sales/Use/Excise (12,000) (6,000) 0 (18,000)
Property Taxes (59,731) 0 0 (59,731)
Workers Compensation (55,445) 10,550 530 (44,365)
--------- --------- -------- ---------
Total ($141,391) ($135,544) $131,130 ($145,804)
Wages and Salaries (36,915) (62,289) 36,915 (62,289)
--------- --------- -------- ---------
Grand Total ($178,305) ($197,833) $168,045 ($208,093)
========= ========= ======== =========
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 $ 732,394 $ 726,376 $ 0 $ 6,019(*)
Accounts Receivable $4,822,113 $3,824,839 $449,224 $548,050
(*) Disputed
PERIOD ENDED: 09-30-05 CASE #04-67600
GANTON TECHNOLOGIES (RACINE)
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
8/31/2005 Withheld Deposits 9/30/2005
--------- --------- ---------- ---------
Income tax withheld: Federal $ 0 ($19,492) $19,492 $0
Income tax withheld: State 0 (8,420) 8,420 0
Income tax withheld: Local 0 0 0 0
FICA Withheld 0 (18,124) 18,124 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 (7,215) (7,107) 0 (14,322)
Property Taxes (45,276) (7,080) 0 (52,356)
Workers Compensation (483,488) (435,035) 30,549 (887,974)
--------- --------- ------- ---------
Total ($535,979) ($495,257) $76,584 ($954,652)
Wages and Salaries (2,425) 0 2,425 0
--------- --------- ------- ---------
Grand Total ($538,404) ($495,257) $79,009 ($954,652)
========= ========= ======= =========
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 $ 75,309 $88,051 $ 0 ($12,742)
Accounts Receivable $222,688 $46,584 $110,061 $66,043
INTERMET CORPORATION AND SUBSIDIARIES
CASH ACTIVITY ANALYSIS: MONTHLY CASH STATEMENT
MONTH ENDED 9/30/2005
Case # 04-67600
CASH ACTIVITY ANALYSIS: GANTON TECHNOLOGIES (PULASKI)
------------------------------------
ACCOUNT TYPE LOCKBOX AP PR
ACCOUNT # 5402699424 2770721799 2770721807
BANK Stan Fed Stan Fed Stan Fed
---------- ---------- ----------
BEGINNING BANK BALANCE 5,058 - -
RECEIPTS 531,014 - -
TRANSFERS IN (CORPORATE) - 995,687 529,711
DISBURSEMENTS (531,014) (995,687) (529,711)
TRANSFERS OUT (CORPORATE) (5,058) - -
-------- ---------- --------
ENDING BANK BALANCE - - -
MATERIALS & OTHER DISBURSEMENTS PAID FOR
BY CORPORATE 819,880
CHECKS ISSUED 719,762
PAYROLL DISBURSED (INCLUDES PAYROLL PAID
BY CORPORATE) 662,059
CORPORATE DEBIT MEMOS 29,420
----------
TOTAL DISBURSEMENTS (SEE TOTAL
DISBURSEMENTS RECONCILIATION) $2,231,120
==========
OUTSTANDING CHECKS AS OF AUGUST 31 512,790
VOIDED CHECKS OUTSTANDING AS OF AUGUST 31 (1,309)
CHECKS ISSUED DURING SEPTEMBER 719,762
CHECKS CLEARED DURING SEPTEMBER (995,687)
----------
OUTSTANDING CHECKS AS OF SEPTEMBER 30
(SEE OUTSTANDING CHECKLIST) $ 235,556
==========
GANTON TECHNOLOGIES, INC. (PULASKI) CASE NO. 04-67600
CASH DISBURSEMENTS
SEPTEMBER 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
ABECO DIE CASTING INC $ 4,281.42
ACCOUNTEMPS 1,120.00
ACE INSURANCE 1,513.08
AINKU SIVAAINKARAN 69.33
AIR DRAULICS ENGINEE 1,557.81
AIRGAS SOUTH (BOC GA 5,646.19
AL CAST COMPANY 56,047.50
ALUMINUM RESOURCES I 3,567.30
AMERICAN CHEMICAL 7,110.60
APPLIED ROBOTICS, INC. 17,040.50
ASI DATAMYTE 322.50
AUTOMATIC DATA PROCE 3,215.16
BAILEY COMPANY 5,785.33
BANK OF FRANKEW 607.00
BARNETT PEST CONTROL 75.00
BELLSOUTH 1,338.45
BG & R COMPANY 7,920.00
BI-LO / RED FOOD 37.48
BOSTON MUTUAL LIFE 1,826.50
BRADLEY COATINGS 1,234.10
BRENDA JEAN DAUGHTRY 401.84
BROOKS AUTO 2,340.45
BROWNING-FERRIS IND 656.40
C KENNETH STILL 340.00
C3 INTERNATIONAL 3,228.73
CARR LANE MANUFACTUR 25.00
CENTRAL CHILD SUPPORT 4,139.45
CENTRO 663.65
CHEM-STATION 879.19
CHEM-TREND INCORPORATED 4,088.90
CHILES OIL INC. 1,429.57
CHRIS DOUTHIT 2,806.50
CHURCH AUTO PARTS CO 268.01
CINTAS CORPORATION 3,210.80
COMPUWARE 396.00
CROSS FLUID POWER 708.00
CUTTING TOOLS, INC. 872.18
DELL COMPUTERS 3,298.26
DENNIS HOUSTON 1,230.00
DENVER INSTRUMENT COMPANY 92.43
DIVERSIFIED PRINTING 45.68
DIXIE COMPRESSOR & P 3,722.45
DRIVE SYSTEMS, INC. 191.79
EDWARDS XPRESS INC. 29,348.50
ELCO SINTERED ALLOYS 1,269.00
EMED COMPANY INC. 280.75
EMPIRE CNC SERVICES 7,148.25
FANUC AMERICA CORPORATION 3,558.71
FASTENAL 229.55
FIRE EXTINGUISHER AN 120.72
FIRST NATIONAL 8,203.96
FRANKS VENDING SERVICE 76.65
G.W. SMITH & SONS, INC. 29,908.35
GE CAPITAL 635.81
GENERAL SESSIONS CLERK 365.36
GENERAL SESSIONS COURT 138.02
GENERAL SUPPLY CORP. 16,940.20
GILES COUNTY REWORK 8,203.50
GILES PEST CONTROL 1,189.78
GLOBAL EXCHANGE SERV 117.83
HARCROS CHEMICALS, I 1,439.80
HENRY E. HILDEBRAND, III 2,850.46
HILLSIDE HOSPITAL 18.00
HOLLEY'S PRINTING 572.14
HONEY ACRES 345.00
IMCO RECYCLING 262,651.62
IMPREX, INC. 19,860.12
INFORMATION HANDLING 833.20
GANTON TECHNOLOGIES, INC. (PULASKI) CASE NO. 04-67600
CASH DISBURSEMENTS
SEPTEMBER 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
INTERMET 131.31
INTERMET - CORPORATION 999.96
J & K INDUSTRIAL SUP 1,066.63
J&J/INGAS PROPANE 2,300.50
J.M. JUDE ASSOCIATES 463.97
JAMIE PATTERSON 800.00
JANET WILLIAMS 725.00
JEFFERSON PILOT FINA 506.80
JM FOREST PRODUCTS, 3,326.24
JOE TOWNSEND 1,125.00
JOHN-MICHAELS ENTERP 1,567.50
J'S SUPPLY 1,373.00
KELLY SERVICES 6,661.28
KELSEY ELECTRIC 414.25
KOLLSTEDT ELECTRIC, LLC 25,239.97
LAKESIDE MANUFACTURI 19,307.66
LEWISBURG RUBBER AND 4,108.28
LEWTER'S WHOLESALE SUPPLY 10.53
LINDA TOMLIN 169.88
LIVINGSTON AND HAVEN 1,371.69
M AND I TRUST 89,926.00
M.G. ELECTRONIC EQUI 1,097.42
MAGID GLOVE/EQUITY I 883.91
MAGNA-TECH SE. 2,877.83
MAIN MANUFACTURING 66.80
MANAR, INC. 5,057.19
MARC LOWE 511.46
MCMASTER-CARR SUPPLY 6,721.58
MERCER 12,446.00
MERCER 14,137.00
METOKOTE 3,781.58
METOKOTE CORPORATION 18,849.65
MICHIGAN MILL & ABRA 1,652.82
MIGUEL MEDINA 12,786.59
MIRSA 11,643.25
MOTION INDUSTRIES 657.49
NASHVILLE METAL PREP 1,659.00
NEWCO, INC. 728.80
OAKWOOD APARTMENTS 500.00
OHIO SCREW PRODUCTS 6,259.25
PACKAGING FULFILLMEN 15,537.92
PARKER HANNIFIN CORP 30,124.00
PARKER SEAL COMPANY 799.56
PAYROLL ISSUED (INCLUDES CORP DISBURSMENTS 662,059.22
PEREZ SERVICES INC. 6,674.70
PERFECTION SERVO HYDR 2,290.75
POSTMASTER 222.00
PRECISION FLUID POWER 897.00
PRECISION MACHINERY 10,541.72
PRINCE MACHINE CORP 2,204.45
PROCLEAN SUPPLIES & 912.08
PROVIDENT LIFE 94.25
PTI QUALITY CONTAINMENT 31,252.35
PULASKI ELECTRIC, WA 74,013.21
PULASKI LUMBER COMPA 64.90
PUTNAM INVESTMENTS 11,415.51
PYROTEK, INC. 8,826.04
QUAD STEEL CORPORATION 5,014.00
RANDSTAD 21,812.01
REFRACTORY ENGINEERS 11,012.83
REGOL-G 1,126.70
RICHLAND, LLC 1,550.00
RIVERSBURG WELDING C 18,298.04
ROBERT W. HERR 12,587.21
ROBIN COULDRY 256.21
ROSEMONT INDUSTRIES 1,135.50
ROTOR CLIP COMPANY 410.20
SAFETY-KLEEN CORPORATION 1,254.42
SAM GUERRERO 150.99
GANTON TECHNOLOGIES, INC. (PULASKI) CASE NO. 04-67600
CASH DISBURSEMENTS
SEPTEMBER 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
SAMANTHA LITTLE 269.08
SCHAEFER GROUP 347.86
SEI ENVIROMENTAL INC 2,205.00
SELECT FOODS INC. 402.42
SHEFFIELD MACHINE AN 3,700.00
SHERCON 286.40
SPARTAN WOOD PRODUCT 585.00
SPECTRO ALLOYS CORP 387,205.02
SPRINT 403.63
STEPHANIE WALTER 723.88
STERICYCLE INC. 11.93
STEVE ROMICK 267.35
STUART C. IRBY COMPA 15,917.06
TAMMY KAY BOWEN 329.50
TAYLOR CONTROL 1,082.07
TAYLOR HOBSON 335.00
TECHNA TOOL AND MACHINE 4,854.95
TENN.VALLEY RECYCLING LLC 2,171.61
THE DYER COMPANY 1,004.64
THERMAL PRODUCTS, INC 2,808.79
TIM MINATRA 625.00
TRANSMAN 46,599.45
UNITED LEASING ASSOCIATES 328.14
VEKTEK, INC. 1,409.40
VERIZON WIRELESS 151.39
VIBRO/DYNAMICS CORP. 4,802.46
VISI-TRAK WORLDWIDE LLC 367.50
WATSON'S OFFICE SUPP 1,134.61
WESTHOFF MACHINE CO., INC. 288.22
WI SCTF 35.00
WINSTON UPCHURCH 239.70
WISCONSIN ENGRAV UNITEX 1,583.90
ZEP MFG 537.87
-------------
$2,231,120.48
GANTON TECHNOLOGIES, INC.
CASE NO. 04-67600
AT OF 9/30/05
PULASKI - BANK RECONCILIATION
Bank Balance $ --
Actual Outstanding Checks 235,556.40
Total PR Outstanding Checks 79,286.58
Misc. Reconciling Items Adjusted in October. (157,531.98)
------------
157,311.00
Unadjusted GL Balance 157,311.00
------------
Difference $ --
============
GANTON TECHNOLOGIES, INC.
CASE NO. 04-67600
PULASKI
OUSTANDING CHECKS
CASE NO. 04-67600
Date Check Outstanding
---- ----- -----------
11/11/2004 12952 $ 770.00
5/12/2005 14533 3,635.75
5/13/2005 14586 97.50
5/18/2005 14624 64.62
5/26/2005 14678 410.31
6/9/2005 14833 114.41
6/9/2005 14846 995.47
6/29/2005 14941 100.46
7/21/2005 15162 95.05
7/21/2005 15166 91.34
7/21/2005 15190 558.00
7/27/2005 15237 70.59
7/27/2005 15245 1,325.12
7/27/2005 15270 30.00
8/24/2005 15527 694.73
8/31/2005 15650 134.55
9/2/2005 15679 4,088.90
9/9/2005 15749 2,290.75
9/14/2005 15782 134.54
9/16/2005 15806 37.48
9/16/2005 15810 328.14
9/16/2005 15813 1,583.90
9/21/2005 15815 3,907.43
9/21/2005 15817 1,088.87
9/21/2005 15831 229.55
9/21/2005 15833 1,189.78
9/28/2005 15875 715.62
9/28/2005 15878 75.00
9/28/2005 15879 1,338.45
9/28/2005 15880 100.63
9/28/2005 15882 1,320.86
9/28/2005 15883 83.88
9/28/2005 15884 1,196.35
9/28/2005 15885 100.46
9/28/2005 15886 3,298.26
9/28/2005 15888 741.30
9/28/2005 15889 2,696.55
9/28/2005 15890 635.81
9/28/2005 15891 131.31
9/28/2005 15892 138.02
9/28/2005 15893 6,524.25
9/28/2005 15894 1,275.00
9/28/2005 15895 11,988.00
9/28/2005 15896 1,230.50
9/28/2005 15897 290.00
9/28/2005 15898 4,342.43
9/28/2005 15899 91.34
9/28/2005 15901 1,568.38
9/28/2005 15902 435.00
9/28/2005 15904 277.64
9/28/2005 15905 6,359.02
9/28/2005 15906 13.67
9/28/2005 15907 1,778.95
9/28/2005 15908 3,500.66
9/28/2005 15910 466.94
9/28/2005 15911 403.63
9/28/2005 15912 169.88
9/28/2005 15913 7,330.70
9/28/2005 15914 322.50
9/28/2005 15915 420.21
9/28/2005 15917 2,710.00
9/28/2005 15918 200.00
9/28/2005 15919 111.00
9/28/2005 15920 1,705.30
9/28/2005 15921 64.90
9/28/2005 15923 1,137.44
9/28/2005 15924 2,058.00
9/28/2005 15925 340.00
9/28/2005 15926 625.00
9/28/2005 15927 206.12
9/28/2005 15928 717.00
9/28/2005 15929 114.38
9/28/2005 15930 507.28
9/28/2005 15931 151.39
9/29/2005 15933 4,281.42
9/29/2005 15934 45.68
9/29/2005 15935 968.17
9/29/2005 15938 1,826.50
9/29/2005 15939 3,228.73
9/29/2005 15940 879.19
9/29/2005 15941 989.91
9/29/2005 15942 92.43
9/29/2005 15943 280.75
9/29/2005 15944 721.25
9/29/2005 15945 690.93
9/29/2005 15946 1,283.80
9/29/2005 15947 1,438.56
9/29/2005 15948 385.43
9/29/2005 15949 157.91
9/29/2005 15950 1,203.74
9/29/2005 15951 2,721.20
9/29/2005 15952 1,001.89
9/29/2005 15953 5,197.32
9/29/2005 15954 3,929.19
9/29/2005 15955 1,097.42
9/29/2005 15956 582.16
9/29/2005 15957 1,567.50
9/29/2005 15958 7,930.75
9/29/2005 15959 506.80
9/29/2005 15960 12,061.00
9/29/2005 15961 13,084.80
9/29/2005 15962 799.56
9/29/2005 15963 318.00
9/29/2005 15965 8,826.04
9/29/2005 15966 1,864.00
9/29/2005 15967 7,297.83
9/29/2005 15968 1,307.24
9/29/2005 15969 2,522.34
9/29/2005 15970 279.23
9/29/2005 15971 1,567.50
9/29/2005 15972 735.00
9/29/2005 15973 875.75
9/29/2005 15974 4,854.95
9/29/2005 15975 2,808.79
9/29/2005 15976 962.46
9/29/2005 15977 288.22
9/29/2005 15978 258.03
9/29/2005 15979 428.89
9/29/2005 15980 66.80
9/30/2005 15982 240.00
9/30/2005 15983 3,518.94
9/30/2005 15984 2,066.99
9/30/2005 15985 580.00
9/30/2005 15986 480.00
9/30/2005 15987 1,407.28
9/30/2005 15988 12,426.99
9/30/2005 15989 267.35
9/30/2005 15990 4,651.48
9/30/2005 15991 6,674.70
9/30/2005 15992 600.00
9/30/2005 15993 1,135.50
9/30/2005 15994 355.49
9/30/2005 15995 86.77
9/30/2005 15996 773.60
$235,556.40
INTERMET CORPORATION AND SUBSIDIARIES
CASH ACTIVITY ANALYSIS: MONTHLY CASH STATEMENT
MONTH ENDED 9/30/2005
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 262,185 -- -- -- --
TRANSFERS IN (CORPORATE) -- 135,803 47,583 101,060 70
DISBURSEMENTS -- (135,803) (47,583) (101,060) (70)
TRANSFERS OUT (CORPORATE) (262,185) -- -- -- --
-------- --------- ------- -------- ---
ENDING BANK BALANCE -- -- -- -- --
MATERIALS & OTHER DISBURSEMENTS
PAID FOR BY CORPORATE --
CHECKS ISSUED 139,592
PAYROLL DISBURSED
(INCLUDES PAYROLL PAID BY CORPORATE) 153,475
CORPORATE DEBIT MEMOS 37,270
---------
TOTAL DISBURSEMENTS
(SEE TOTAL DISBURSEMENTS RECONCILIATION) $ 330,338
=========
OUTSTANDING CHECKS AS OF AUGUST 31 33,477
VOIDED CHECKS OUTSTANDING AS OF AUGUST 31 --
CHECKS ISSUED DURING SEPTEMBER 139,592
CHECKS CLEARED DURING SEPTEMBER (135,803)
---------
OUTSTANDING CHECKS AS OF SEPTEMBER 30
(SEE OUTSTANDING CHECKLIST) $ 37,267
=========
GANTON TECHNOLOGIES, INC. (RACINE) CASE NO. 04-67600
CASH DISBURSEMENTS
SEPTEMBER 2005
TOTAL
VENDOR DISBURSEMENTS
------ -------------
AAA ENVIRONMENTAL $ 9,556.10
ACCOUNTEMPS 10,073.64
ACE Insurance 30,548.79
ADT SECURITY SYSTEMS 42.04
ALLAN COTTINGIM 1,231.98
AMERICAN INDUSTRIAL 29.05
AT & T 735.63
AT&T 63.49
AUTOMATIC DATA PROCE 1,645.88
BOSTON MUTUAL LIFE 1,021.00
CO-OPERATIVE CREDIT UNION 786.00
CURT PAPE 2,462.82
DELTA ELECTRIC 2,330.00
Department of Financial Institution 80.00
DIRECT DENTAL SERVICE 1,560.62
EYE CARE OF WISCONSIN INC 6.72
GENE SCHIEFELBEIN 742.99
GLOBAL EXCHANGE SERV 24.81
GORDON FLESCH CO., I 3,396.39
Grecco, Joe 65.07
Grecco, Joe 27.88
ICG CASTINGS 29,895.97
IRON MOUNTAIN SECURE 289.66
JEFFERSON PILOT FINANCIAL 38.00
JOHN P FREDERIC 9,050.00
KRISTIANSEN ENTERPRI 500.00
M & I TRUST 112.25
MARSHALL & ILSLEY TRUST 448.00
Mercer 3,476.00
Mercer 3,009.00
OFSI 229.79
PACKERLAND RENT-A-MA 47.89
Payroll Issued (Includes Corp Disbursments 153,474.98
PENSKE TRUCK LEASING 3,791.19
PRAXAIR DISTRIBUTION 19.44
PUTNAM INVESTMENTS- 1,742.62
RACINE WATER AND 591.74
SAFETY KLEEN SYSTEMS 8,495.00
SBC 198.91
SCHUH EXPRESS 3,640.00
U.S. CELLULAR 861.60
ULINE 245.00
UNITED PARCEL SERVIC 64.00
WASTE MANAGEMENT 2,973.09
WE ENERGIES 19,858.88
WISCONSIN LIFT TRUCK 11,771.68
WOLTER INVESTMENT CO 5,579.32
WOODLAND HILLS 3,502.72
-----------
$330,337.63
GANTON TECHNOLOGIES, INC.
CASE NO. 04-67600
AT OF 9/30/05
RACINE - BANK RECONCILIATION
Bank Balance $ --
Actual Outstanding Checks 37,266.88
Unadjusted GL Balance $37,266.88
----------
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
8/17/05 43204 206.08
9/8/05 43266 1,028.55
9/30/05 43313 9,556.10
9/30/05 43314 4,203.96
9/30/05 43315 276.40
9/30/05 43316 1,580.00
9/30/05 43317 9,050.00
9/30/05 43318 1,742.62
9/30/05 43319 64.00
9/30/05 43320 2,791.79
9/30/05 43321 3,561.30
$37,266.88
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: SEPTEMBER 30, 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: OCTOBER 20, 2005 ----------------------------------------
PRINCIPAL, OFFICER, DIRECTOR, OR INSIDER
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 SEPTEMBER 30, 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: OCTOBER 20, 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 9-30-05
($000's)
CASE # 04-67601
INTERMET
HOLDING CO.
----------------
Total
Current Since
Month 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 September, $380,000 of Intercompany
interest was eliminated through foreign operations and therefore not included in
this statement.
Current Month Total Since Filing
- ------------- ------------------
($380) ($4,633)
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs September
(Allocation of Corporate Costs to Filing Entities)
(000's)
September
---------
Officer Compensation $ 189
Salary Expense other Employees 949
Employee Benefits and Pension (166)
Payroll Taxes 49
Other Taxes (1)
Rent and Lease Expense 203
Interest Expense
Insurance 54
Automobile and Truck Expense 11
Utilities(Gas Electric,Phone) 51
Depreciation 87
Travel and Entertainment 155
Repairs and Maintenance 40
Advertising/Promotion 0
Supplies, Office Expense 33
OTHER:
Contributions 0
Professional Fees - Audit/Tax 350
Bank Fees 0
Public Reporting Fees (100)
Employee Relocation/Training 5
Data Processing 25
Dues and Subscriptions 12
Outside Services 245
Project Development Costs net of Billings 19
Director Fees 25
Miscellaneous 1
Legal Fees 26
Cost Allocation - Europe (78)
Cost Allocation - Out (204)
------
$1,979
======
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 327
------
Total $1,979
======
Intermet Corp. and Subsidiaries
Balance Sheet as of 09-30-05
($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 139,739
Minority Interest --
---------
TOTAL LIABILITIES 139,739
Common Stock 1
Capital In Excess Of Par Value 1
Retained Earnings - Prepetition (18,705)
Retained Earnings - Post Petition (4,633)
Equity In European Operations
Accumulated Translation Adjustment (17,865)
Minimum Pension Liability Adjustment --
Unearned Restricted Stock --
---------
TOTAL SHAREHOLDER EQUITY (41,201)
---------
TOTAL LIABILITIES AND EQUITY $ 98,538
=========
PERIOD ENDED: 09-30-05 CASE # 04-67601
INTERMET HOLDING COMPANY
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
08/31/2005 Withheld Deposits 09/30/2005
---------- --------- ---------- ----------
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: SEPTEMBER 30, 2005
INTERMET HOLDING COMPANY
Case Number: 04-67601
CASH ACTIVITY ANALYSIS (CASH BASIS ONLY):
Cash Petty
General Payroll Tax Coll. 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: OCTOBER 20, 2005 ----------------------------------------
Debtor in Possession
Form 5
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: SEPTEMBER 30, 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: 04-67600 ___ 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: OCTOBER 20, 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 SEPTEMBER 30, 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: OCTOBER 20, 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 9-30-05
($000's)
CASE # 04-67604
INTERMET
ILLINOIS
---------------------
Current Total Since
Month 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 September
(Allocation of Corporate Costs to Filing Entities)
(000's)
September
---------
Officer Compensation $ 189
Salary Expense other Employees 949
Employee Benefits and Pension (166)
Payroll Taxes 49
Other Taxes (1)
Rent and Lease Expense 203
Interest Expense
Insurance 54
Automobile and Truck Expense 11
Utilities(Gas Electric,Phone) 51
Depreciation 87
Travel and Entertainment 155
Repairs and Maintenance 40
Advertising/Promotion 0
Supplies, Office Expense 33
OTHER:
Contributions 0
Professional Fees - Audit/Tax 350
Bank Fees 0
Public Reporting Fees (100)
Employee Relocation/Training 5
Data Processing 25
Dues and Subscriptions 12
Outside Services 245
Project Development Costs net of Billings 19
Director Fees 25
Miscellaneous 1
Legal Fees 26
Cost Allocation - Europe (78)
Cost Allocation - Out (204)
------
$1,979
======
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 327
------
Total $1,979
======
Intermet Corp. and Subsidiaries
Balance Sheet as of 09-30-05
($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: 09-30-05 INTERMET ILLINOIS CASE #04-67604
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
08/31/2005 Withheld Deposits 09/30/2005
---------- --------- ---------- ----------
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: SEPTEMBER 30, 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: OCTOBER 20, 2005
----------------------------------------
Debtor in Possession
Form 5
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: SEPTEMBER 30, 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: OCTOBER 20, 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 SEPTEMBER 30, 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: OCTOBER 20, 2005 /s/ Robert E. Belts
----------------------------------------
Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- --------------
Title Phone
MONTHLY CASH STATEMENT
Period Ending: SEPTEMBER 30, 2005
INTERMET INTERNATIONAL, INC.
Case Number: 04-67607
CASH ACTIVITY ANALYSIS (CASH BASIS ONLY):
General Payroll Tax Cash Coll. Petty Cash
Acct. Acct. Acct. Acct. Acct.
------- ------- ----- ---------- ----------
A. Beginning Balance _____ _____ _____ _____ _____
B. Receipts _____ _____ _____ _____ _____
(Attach separate schedule)
C. Balance Available _____ _____ _____ _____ _____
(A+B)
D. Less Disbursements _____ _____ _____ _____ _____
(Attach separate schedule)
E. Ending Balance ALL ACTIVITY FOR INTERMET INTERNATIONAL, INC. IS
(C-D) REPORTED IN THE CONSOLIDATED COLUMBUS FOUNDRY
OPERATING REPORT (CASE #04-67609).
(PLEASE ATTACH COPIES OF MOST RECENT RECONCILED
BANK STATEMENTS FROM EACH ACCOUNT)
General Account:
1. Depository Name & Location ______________________________
2. Account Number ______________________________
Payroll Account:
1. Depository Name & Location ______________________________
2. Account Number ______________________________
Tax Account:
1. Depository Name & Location ______________________________
2. Account Number ______________________________
Other monies on hand (specify type and location) i.e., CD's, bonds, etc.:
_________________________________________________________________________
_________________________________________________________________________
Date: OCTOBER 20, 2005
-----------------------------------------
Debtor in Possession
Form 5
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: SEPTEMBER 30, 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: OCTOBER 20, 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-foreign 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 SEPTEMBER 30, 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: OCTOBER 20, 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 9-30-05
($000's)
CASE #04-67598
INTERMET U.S.
HOLDING
----------------------------------
Current Month Total Since Filing
------------- ------------------
Net Sales 5,427 66,763
Cost of Goods Sold
Materials and Freight 2,114 24,783
Wages - Hourly 759 9,315
Wages-Salary 317 4,254
Employee Benefits and Pension 254 4,791
Repairs & Maintenance 222 3,762
Supplies 289 3,998
Utilities 527 6,224
Purchased Components/Services 121 2,432
Income(loss) from Pattern Sales (1) 753
Fixed Asset - (gain/loss) -- (81)
MIS Expense 21 534
Travel & Entertainment 3 51
Other Variable Costs 129 1,905
Depreciation & Amortization 452 6,069
Other Allocated Fixed Costs -- 1
Other Fixed Costs 178 2,246
----- ------
Cost of Goods Sold 5,385 71,037
Gross Profit 42 (4,274)
Plant SG&A Expense -- 9
SG&A Expense - Allocation (Sched 1) 261 3,067
Other Operating Expenses -- 514
----- ------
Total Operating Expenses 261 3,590
Operating Profit (219) (7,864)
Outside Interest Income -- --
Outside Interest (Expense) -- --
Intercompany Interest Income -- --
Intercompany Interest (Expense) (136) (1,371)
Charges (From) Affiliates -- --
Charges To Affiliates -- --
Gain/(Loss) On Sales Of Assets (43) (788)
Outside Dividend Income -- --
Foreign Exchange Gain/(Loss) -- --
Income/Loss From European Operations -- --
Other Income/(Expense) -- 32
----- ------
Total Non-Operating Expenses (179) (2,127)
Income Before Income Taxes (398) (9,991)
Income Tax Expense 1 2
----- ------
Net Income (399) (9,993)
===== ======
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs September
(Allocation of Corporate Costs to Filing Entities)
(000's)
September
---------
Officer Compensation $ 189
Salary Expense other Employees 949
Employee Benefits and Pension (166)
Payroll Taxes 49
Other Taxes (1)
Rent and Lease Expense 203
Interest Expense
Insurance 54
Automobile and Truck Expense 11
Utilities(Gas Electric,Phone) 51
Depreciation 87
Travel and Entertainment 155
Repairs and Maintenance 40
Advertising/Promotion 0
Supplies, Office Expense 33
OTHER:
Contributions 0
Professional Fees - Audit/Tax 350
Bank Fees 0
Public Reporting Fees (100)
Employee Relocation/Training 5
Data Processing 25
Dues and Subscriptions 12
Outside Services 245
Project Development Costs net of Billings 19
Director Fees 25
Miscellaneous 1
Legal Fees 26
Cost Allocation - Europe (78)
Cost Allocation - Out (204)
------
$1,979
======
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 327
------
Total $1,979
======
Intermet Corp and Subsidiaries
Balance Sheet as of 09-30-05
($000's)
CASE #04-67598
INTERMET U.S.
HOLDING
--------------
Cash And Equivalents $ --
Accounts Receivable 10,644
Short-Term Intercompany Receivables 17
Inventories 6,896
Other Current Assets 309
--------
TOTAL CURRENT ASSETS 17,866
Land and Buildings 29,945
Machinery & Equipment 59,590
Construction In Progress 1,172
--------
Total Fixed Assets 90,707
Accumulated Depreciation (50,731)
--------
NET FIXED ASSETS 39,976
Investment In Subsidiaries --
Investment In European Operations --
Long-Term Intercompany Receivables --
Deferred Taxes, Long-Term Asset --
Other Assets 1,152
--------
TOTAL ASSETS $ 58,994
========
$201,199
LIABILITIES AND SHAREHOLDER EQUITY
POST PETITION LIABILITIES
Accounts Payable $ 1,364
Wages and Salaries (See schedule) 671
Taxes Payable - (See schedule) 687
--------
TOTAL POST PETITION LIABILITIES 2,722
SECURED LIABILITIES:
SECURED DEBT --
PRE-PETITION LIABILITIES:
Taxes and Other Priority Liabilities:
Accrued Income Taxes --
Accrued Tax - State --
Accrued Property Taxes --
Accrued Workers Comp. 156
Accrued Payroll --
Accrued Payroll Taxes --
--------
TOTAL TAXES AND OTHER PRIORITY LIABILITIES 156
UNSECURED LIABILITIES
Accounts Payable 7,955
Senior & IDR Bonds --
--------
TOTAL UNSECURED LIABILITIES 7,955
OTHER LIABILITIES
Accrued Liabilities 1,392
Short-Term Intercompany Payables 5
Retirement Benefits --
Deferred Taxes - Long-Term Liability --
Other Long-Term Liabilities --
Long-Term Intercompany Payables 26,671
Minority Interest --
--------
TOTAL LIABILITIES 38,901
Common Stock 5
Capital In Excess Of Par Value 54,495
Retained Earnings - Prepetition (24,414)
Retained Earnings - Post Petition (9,993)
Equity In European Operations --
Accumulated Translation Adjustment --
Minimum Pension Liability Adjustment --
Unearned Restricted Stock --
--------
TOTAL SHAREHOLDER EQUITY 20,093
--------
TOTAL LIABILITIES AND EQUITY $ 58,994
========
PERIOD ENDED: 09-30-05 CASE #04-67598
INTERMET U.S. HOLDING (COLUMBUS MACHINING)
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
8/31/2005 Withheld Deposits 9/30/2005
---------- --------- ---------- ----------
Income tax withheld: Federal $ 1,827 ($904) $ 904 $ 1,827
Income tax withheld: State (859) (254) 254 (859)
Income tax withheld: Local 0 0 0 0
FICA Withheld 6,188 (377) 377 6,188
Employers FICA (33) (377) 377 (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 (500) (500) 0 (1,000)
Property Taxes (91,707) (17,415) 0 (109,122)
Workers Compensation (60,462) (19,354) 1,842 (77,973)
---------- -------- ------ ----------
Total ($159,662) ($39,182) $3,755 ($195,088)
Wages and Salaries 1,393 (3,383) 3,383 1,393
---------- -------- ------ ----------
Grand Total ($158,270) ($42,565) $7,139 ($193,696)
========== ======== ====== ==========
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: 09-30-05 CASE #04-67598
INTERMET U.S. HOLDING CORP. (NEW RIVER)
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
8/31/2005 Withheld Deposits 9/30/2005
------------ ----------- ---------- ------------
Income tax withheld: Federal $ 0 ($157,232) $ 157,232 $ 0
Income tax withheld: State 0 (56,901) 56,901 0
Income tax withheld: Local 0 0 0 0
FICA Withheld 0 (94,687) 94,687 0
Employers FICA (22,475) (90,908) 94,687 (18,696)
Unemployment Tax: Federal (3,784) (1,122) 0 (4,906)
Unemployment Tax: State (14,644) (9,912) 0 (24,556)
All Other Payroll W/H (2,611) (3,228) 2,509 (3,330)
State Taxes: Inc./Sales/Use/Excise (15,000) (7,835) 7,835 (15,000)
Property Taxes (195,000) (30,000) 0 (225,000)
Workers Compensation (182,051) (27,623) 9,149 (200,525)
------------ ----------- ---------- ------------
Total ($435,565) ($479,448) $ 423,000 ($492,012)
Wages and Salaries (805,282) (1,147,669) 1,280,905 (672,046)
------------ ----------- ---------- ------------
Grand Total ($1,240,846) ($1,627,116) $1,703,904 ($1,164,058)
============ =========== ========== ============
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 $ 1,364,252 $ 1,412,934 ($43,469) ($5,214)
Accounts Receivable $11,017,572 $10,856,491 $ 79,169 $ 81,912
INTERMET CORPORATION AND SUBSIDIARIES MONTHLY CASH STATEMENT
CASH ACTIVITY ANALYSIS:
Month Ended 9/30/2005
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) 5,328
DISBURSEMENTS (5,328)
TRANSFERS OUT (CORPORATE) --
-------
ENDING BANK BALANCE --
MATERIALS & OTHER DISBURSEMENTS PAID FOR BY CORPORATE --
PAYROLL DISBURSED (INCLUDES PAYROLL PAID BY CORPORATE) 5,461
CORPORATE DEBIT MEMOS 4,946
-------
TOTAL DISBURSEMENTS (SEE TOTAL DISBURSEMENTS RECONCILIATION) $10,407
=======
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
SEPTEMBER 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
A CUT ABOVE LANDSCAPE $ 1,100.00
PAYROLL ISSUED (INCLUDES CORP DISBURSMENTS 5,460.50
RIVER MILL 193.20
SOUTHERN STATES 3,420.03
VERIZON WIRELESS 167.54
WASTE MANAGEMENT 65.72
----------
$10,406.99
INTERMET CORPORATION AND SUBSIDIARIES
CASH ACTIVITY ANALYSIS: MONTHLY CASH STATEMENT
MONTH ENDED 9/30/2005
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 2,618,193 -- -- --
TRANSFERS IN (CORPORATE) -- 1,874,391 815,125 316,128
DISBURSEMENTS -- (1,874,391) (815,125) (316,128)
TRANSFERS OUT (CORPORATE) (2,618,193) -- -- --
---------- ----------- -------- --------
ENDING BANK BALANCE -- -- -- --
MATERIALS & OTHER DISBURSEMENTS PAID FOR BY CORPORATE 1,646,977
CHECKS ISSUED 1,959,712
PAYROLL DISBURSED (INCLUDES PAYROLL PAID BY CORPORATE) 1,346,954
CORPORATE DEBIT MEMOS 39,839
-----------
TOTAL DISBURSEMENTS (SEE TOTAL DISBURSEMENTS RECONCILIATION) $ 4,993,483
===========
OUTSTANDING CHECKS AS OF AUGUST 31 135,238
VOIDED CHECKS OUTSTANDING AS OF AUGUST 31 --
CHECKS ISSUED DURING SEPTEMBER 1,959,712
Checks Cleared During September (1,874,391)
-----------
OUTSTANDING CHECKS AS OF SEPTEMBER 30 (SEE OUTSTANDING
CHECKLIST) $ 220,560
===========
INTERMET U.S. HOLDING, INC. (NEW RIVER) CASE NO. 04-67598
CASH DISBURSEMENTS
SEPTEMBER 2005
VENDOR TOTAL DISBURSEMENTS
- ------ -------------------
ACE INSURANCE $ 9,148.80
ADVANCED CARBIDE TOOL 6,352.10
AEGIS ENVIRONMENTAL INC 570.73
AETNA US HEALTH CARE 4,217.79
AIR PRODUCTS & CHEMICAL 4,981.91
AIRGAS INC 1,034.08
ALLIED MINERAL PRODUCTS 33,486.66
AQUIS COMMUNICATIONS, INC 381.54
ARAMARK UNIFORM SERVICE 634.03
ARCET 2,234.72
ASCOM HASLER MAILING SY 126.00
AT&T 2,323.79
ATLANTIC COAST TOYOTALIFT 3,380.33
ATMOS ENERGY MARKETING 31,953.93
BEST ONE TIRE 6,438.16
BOB'S REFUSE SERVICE IN 737.52
BROWNE & SHARPE 3,281.00
CANON FINANCIAL 534.34
CARTER MACHINERY 7,655.50
CC METALS AND ALLOYS IN 22,041.25
CENTRAL VALLEY RUBBER S 4,471.41
CHAMPION CHISEL WORKS, 63.06
CITY OF RADFORD 5,981.08
CITY OF RADFORD 469,250.32
CITY OF RADFORD, TREASU 13.44
COCHRAN, JEFF 387.32
COMFORT INN RADFORD 1,200.38
COMMERCIAL STEEL ERECTI 3,400.00
COMPUWARE 132.00
COUNTY OF FLOYD, VIRGIN 61.59
CRANE AMERICA SERVICES 2,472.50
CTM 950.00
DETEK INC. 7,480.00
DISA INDUSTRIES, INC 2,454.00
DIV OF CHILD SUPPORT ENFORCMNT 665.92
DMV 34.50
DOLI/BOILER SAFETY 520.00
DON PRUITT 2,587.20
ELKEM METALS INC. 48,336.50
ENTERPRISE 610.41
ENVIRITE OF OHIO 1,706.25
ENVIRONMENTAL OPTIONS INC. 2,092.50
ERIC PALMER 776.25
EVANS,ROBERT D 53.71
EXPRESS CHECK ADVANCE 454.25
FAIRLAWN STORAGE 112.00
FETTER FINISHING 46,884.75
FIRE EQUIPMENT CO.INC 582.00
FLINT, JEREMY 122.34
FOSECO INC. 5,684.78
GE INSPECTION TECHNOLOGIES 1,071.69
H.C. WADE 15,722.76
HA INTERNATIONAL, LLC 89,714.88
HARRIS RENTALS 65.00
HART METALS, INC. 37,400.00
HEAT TREATING SERVICES 59,917.18
HEATH OIL LLC 8,202.07
HERAEUS ELECTRO NITE CO 1,900.00
HERB'S TOOL GRINDING & 441.80
HILL AND GRIFFITH CO. 138,896.33
HONEYWELL INC. 7,581.50
HOWELL, DOUG 407.25
INDUSTRIAL POWDER COATI 13,115.84
INDUSTRIAL SUPPLY CORP 276,889.64
INFORMATION HANDLING 833.20
INSTRON CORP 720.00
INTERSTATE CONSTRUCTION 650.00
JENKINS,KURT 104.67
INTERMET U.S. HOLDING, INC. (NEW RIVER) CASE NO. 04-67598
CASH DISBURSEMENTS
SEPTEMBER 2005
VENDOR TOTAL DISBURSEMENTS
- ------ -------------------
KAMAN INDUSTRIAL TECHNOLOGIES 208.40
KOINS CORPORATION 25.00
KUNCE, JUSTIN 1,323.56
KWIK KAFE CO 105.00
LABORATORY CORP OF AMER 896.00
LECTROTHERM 41,242.50
LINA. 74.00
LINA. 74.00
LIVINGSTON AND HAVEN IN 10,812.28
LLOYD ELECTRIC CO.INC. 4,936.50
MAGNECO/METREL 1,400.00
MANPOWER INC 210.00
MASTER ENGINEERS & DESIGNERS 799.00
MCC 8,622.81
MCCOMBS, BRENT 741.76
MCELROY,JOHN C 1,149.24
MCGUIRE WOODS 11,947.63
MCGUIRE WOODS 11,111.30
METEC INC 13,500.00
MICRO TEK PATTERN,INC. 63,002.33
MILLER AND COMPANY LLC 116,554.85
MOODY,DWAYNE 382.92
MOORE SPECIALTY 17,530.00
MOUNTAIN SPRINGS 226.20
MYOPTICS EYEWEAR 262.00
NATIONAL MATERIAL TRADING 122,214.92
NEW RIVER SOLID WASTE M 55,409.36
NORFOLK SOUTHERN (GA) 108,000.00
NORTHBEND PATTERN WORKS 299,392.00
OLVER, INC 6,400.00
OMNISOURCE CORPORATION 933,014.90
OMNISOURCE FT 36,200.00
PATTERN SERVICES 12,905.75
PATTERN TECHNOLOGIES 32,900.00
PAYROLL ISSUED (INCLUDES CORP DISBURSMENTS 1,346,954.33
PORTER WARNER INDUSTRIE 1,583.17
POTOMAC ENVIRONMENTAL, 1,058.63
PROVIDENT LIFE 74.75
PROVIDENT LIFE 1,992.22
PULASKI CIRCUIT COURT 377.85
PYNN, DAVID 783.43
RADFORD CITY FLORIST 54.55
RADFORD STORAGE 160.00
RADIOLOGY CONSULTANTS I 112.00
REBECCA CONNELLY 1,770.00
REDDY ICE-CASSCO 810.00
RENTAL SERVICE CORP (RS 2,049.96
RITENOUR, GINNY 58.74
ROBERTS SINTO CORPORATI 21,806.00
SAFETY & COMPLIANCE 1,825.00
SAFETY-KLEEN CORP. 213.65
SAF-GARD SAFETY SHOE CO 2,094.80
SAVEITNOW 716.81
SCORE 1,705.44
SECURITY FORCES INC 6,483.36
SECURITY SCALE SERVICE 4,051.35
SHELOR CHEVROLET CORP. 224.92
SHIPMAN, ROLLIN C 87.69
THOMPSON CHRYSLER-PLYMO 150.17
THOMPSON TIRE 3,453.80
TJ'S TRUCK & AUTO SERVI 2,839.37
TOMLIN, LINDA 757.13
TOMMY TONEY 375.43
TRANSMAN (FREIGHT) 55,525.08
TREASURER OF VA-DEQ 4,040.00
UNITED INDUSTRIAL SERVI 26,410.72
UNITED REFRACTORIES COM 50,956.30
UNITED WAY SAL 180.00
VA. DEPT OF TAXATION 7,675.77
VALLEY LANDSCAPING 195.00
VERIZON (17577) 3,886.61
VERIZON WIRELESS 71.84
INTERMET U.S. HOLDING, INC. (NEW RIVER) CASE NO. 04-67598
CASH DISBURSEMENTS
SEPTEMBER 2005
VENDOR TOTAL DISBURSEMENTS
- ------ -------------------
VICTORIA SOWERS 620.00
W. MATTHEW SKEWES, MD 4,576.00
WEDRON SILICA-FAIRMOUNT 21,931.00
WESTAFF USA INC. 283.40
WESTMORELAND ADVANCED M 7,290.00
WHEELABRATOR ABRASIVES 85,624.00
WILLIAM A. KIBBE & ASSO 330.00
WISE AIR, INC 1,000.00
------------
$4,993,482.93
INTERMET U.S. HOLDING, INC.
CASE NO. 04-67598
AT OF 9/30/05
NEW RIVER - BANK RECONCILIATION
Bank Balance $ --
Outstanding AP Checks 220,559.59
Outstanding PR Checks 176,067.29
Misc. Reconciling Items Adjusted in October. 0.86
-----------
396,627.74
Unadjusted GL Balance 396,627.74
-----------
Difference $ --
===========
NEW RIVER
OUTSTANDING CHECKS
CASE NO. 04-67598
DATE CHECK OUTSTANDING
---- ----- -----------
8/5/2005 106549 $ 16.30
9/30/2005 106644 776.25
9/2/2005 106806 1,385.33
9/2/2005 106856 36,955.81
9/9/2005 106897 454.25
9/16/2005 106978 208.40
9/16/2005 107006 224.92
9/23/2005 107035 387.32
9/23/2005 107037 2,454.00
9/23/2005 107042 88.47
9/23/2005 107051 138.59
9/23/2005 107053 10,940.00
9/23/2005 107057 2,839.37
9/29/2005 107076 2,323.79
9/29/2005 107077 499.00
9/29/2005 107078 3,281.00
9/29/2005 107079 7,655.50
9/29/2005 107080 1,464.00
9/29/2005 107081 665.92
9/29/2005 107082 53.71
9/29/2005 107083 5,883.60
9/29/2005 107086 11,673.21
9/29/2005 107087 28.63
9/29/2005 107088 1,268.39
9/29/2005 107089 104.67
9/29/2005 107090 25.00
9/29/2005 107091 13,500.00
9/29/2005 107093 7,234.50
9/29/2005 107094 1,020.00
9/29/2005 107095 210.00
9/29/2005 107096 310.00
9/29/2005 107097 76.49
9/29/2005 107099 461.25
9/29/2005 107100 375.43
9/29/2005 107101 3,645.74
9/29/2005 107102 31,953.93
9/29/2005 107103 33,390.57
9/29/2005 107113 36,586.25
$220,559.59
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: SEPTEMBER 30, 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: OCTOBER 20, 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 SEPTEMBER 30, 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: OCTOBER 20, 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 9-30-05
($000's)
CASE #04-67603
IRONTON
IRON
-----------------------------------
Current Month Total Since Filing
------------- ------------------
Net Sales -- --
Cost of Goods Sold
Materials and Freight -- --
Wages - Hourly -- --
Wages-Salary -- --
Employee Benefits and Pension 33 33
Repairs & Maintenance -- --
Supplies -- --
Utilities -- --
Purchased Components/Services -- --
Income(loss) from Pattern Sales -- --
Fixed Asset - (gain/loss) -- --
MIS Expense -- --
Travel & Entertainment -- --
Other Variable Costs (1) (38)
Depreciation & Amortization -- --
Other Allocated Fixed Costs -- --
Other Fixed Costs -- --
--- ----
Cost of Goods Sold 32 (5)
Gross Profit (32) 5
Plant SG&A Expense -- (3)
SG&A Expense - Allocation (Sched 1) -- --
Other Operating Expenses (27) 551
--- ----
Total Operating Expenses (27) 548
Operating Profit (5) (543)
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) (543)
Income Tax Expense -- --
--- ----
Net Income (5) (543)
=== ====
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs September
(Allocation of Corporate Costs to Filing Entities)
(000's)
September
---------
Officer Compensation $ 189
Salary Expense other Employees 949
Employee Benefits and Pension (166)
Payroll Taxes 49
Other Taxes (1)
Rent and Lease Expense 203
Interest Expense
Insurance 54
Automobile and Truck Expense 11
Utilities(Gas Electric,Phone) 51
Depreciation 87
Travel and Entertainment 155
Repairs and Maintenance 40
Advertising/Promotion 0
Supplies, Office Expense 33
OTHER:
Contributions 0
Professional Fees - Audit/Tax 350
Bank Fees 0
Public Reporting Fees (100)
Employee Relocation/Training 5
Data Processing 25
Dues and Subscriptions 12
Outside Services 245
Project Development Costs net of Billings 19
Director Fees 25
Miscellaneous 1
Legal Fees 26
Cost Allocation - Europe (78)
Cost Allocation - Out (204)
------
$1,979
======
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 327
------
Total $1,979
======
Intermet Corp. and Subsidiaries
Balance Sheet as of 09-30-05
($000's)
CASE #04-67603
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 33,282
Minority Interest --
--------
TOTAL LIABILITIES 34,228
Common Stock --
Capital In Excess Of Par Value 49,000
Retained Earnings - Prepetition (82,685)
Retained Earnings - Post Petition (543)
Equity In European Operations
Accumulated Translation Adjustment --
Minimum Pension Liability Adjustment --
Unearned Restricted Stock --
--------
TOTAL SHAREHOLDER EQUITY (34,228)
--------
TOTAL LIABILITIES AND EQUITY $ --
========
PERIOD ENDED: 09-30-05 IRONTON IRON, INC. CASE # 04-67603
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
08/31/2005 Withheld Deposits 09/30/2005
---------- --------- ---------- ----------
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: SEPTEMBER 30, 2005
IRONTON IRON, INC.
Case Number: 04-67603
CASH ACTIVITY ANALYSIS (CASH BASIS ONLY):
Cash Petty
General Payroll Tax Coll. 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: OCTOBER 20, 2005 ----------------------------------------
Debtor in Possession
Form 5
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: SEPTEMBER 30, 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: OCTOBER 20, 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 SEPTEMBER 30, 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.
/s/ Robert E. Belts
Dated: OCTOBER 20, 2005 ----------------------------------------
Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- --------------
Title Phone
Intermet Corp. and Subsidiaries
Operating Statement
For the Month Ended 9-30-06
($000's)
CASE #04-67606
LYNCHBURG
FOUNDRY
----------------
Total
Current Since
Month Filing
------- ------
Net Sales 7,731 95,234
Cost of Goods Sold
Materials and Freight 3,482 42,266
Wages - Hourly 1,422 15,470
Wages-Salary 340 3,978
Employee Benefits and Pension 716 9,923
Repairs & Maintenance 263 5,351
Supplies 669 7,208
Utilities 261 3,512
Purchased Components/Services 234 2,723
Income(loss) from Pattern Sales (15) (86)
Fixed Asset - (gain/loss) -- (40)
MIS Expense 13 438
Travel & Entertainment 4 19
Other Variable Costs 415 4,232
Depreciation & Amortization 223 2,619
Other Allocated Fixed Costs -- (2)
Other Fixed Costs 95 1,390
----- ------
Cost of Goods Sold 8,122 99,001
Gross Profit (391) (3,767)
Plant SG&A Expense (1) --
SG&A Expense - Allocation (Sched 1) 193 2,274
Other Operating Expenses -- 270
----- ------
Total Operating Expenses 192 2,544
Operating Profit (583) (6,311)
Outside Interest Income -- --
Outside Interest (Expense) -- --
Intercompany Interest Income -- --
Intercompany Interest (Expense) (148) (1,140)
Charges (From) Affiliates -- --
Charges To Affiliates -- --
Gain/(Loss) On Sales Of Assets 1 4
Outside Dividend Income -- --
Foreign Exchange Gain/(Loss) -- --
Income/Loss From European Operations -- --
Other Income/(Expense) 1 18
----- ------
Total Non-Operating Expenses (146) (1,118)
Income Before Income Taxes (729) (7,429)
Income Tax Expense -- --
----- ------
Net Income (729) (7,429)
===== ======
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs September
(Allocation of Corporate Costs to Filing Entities)
(000's)
September
---------
Officer Compensation $ 189
Salary Expense other Employees 949
Employee Benefits and Pension (166)
Payroll Taxes 49
Other Taxes (1)
Rent and Lease Expense 203
Interest Expense
Insurance 54
Automobile and Truck Expense 11
Utilities(Gas Electric, Phone) 51
Depreciation 87
Travel and Entertainment 155
Repairs and Maintenance 40
Advertising/Promotion 0
Supplies, Office Expense 33
OTHER:
Contributions 0
Professional Fees - Audit/Tax 350
Bank Fees 0
Public Reporting Fees (100)
Employee Relocation/Training 5
Data Processing 25
Dues and Subscriptions 12
Outside Services 245
Project Development Costs net of Billings 19
Director Fees 25
Miscellaneous 1
Legal Fees 26
Cost Allocation - Europe (78)
Cost Allocation - Out (204)
------
$1,979
======
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 327
------
Total $1,979
======
Intermet Corp. and Subsidiaries
Balance Sheet of 09-30-05
($000's)
CASE #04-67606
LYNCHBURG
FOUNDRY
--------------
Cash And Equivalents $ --
Accounts Receivable 13,606
Short-Term Intercompany Receivables 5
Inventories 4,730
Other Current Assets 702
--------
TOTAL CURRENT ASSETS 19,043
Land and Buildings 19,915
Machinery & Equipment 53,768
Construction In Progress 388
--------
Total Fixed Assets 74,071
Accumulated Depreciation (60,411)
--------
NET FIXED ASSETS 13,660
Investment In Subsidiaries --
Investment In European Operations --
Long-Term Intercompany Receivables 452
Deferred Taxes, Long-Term Asset --
Other Assets 407
--------
TOTAL ASSETS $ 33,562
========
LIABILITIES AND SHAREHOLDER EQUITY
POST PETITION LIABILITIES
Accounts Payable $ 1,983
Wages and Salaries (See schedule) 410
Taxes Payable - (See schedule) 642
--------
TOTAL POST PETITION LIABILITIES 3,035
SECURED LIABILITIES:
SECURED DEBT --
PRE-PETITION LIABILITIES:
Taxes and Other Priority Liabilities:
Accrued Income Taxes --
Accrued Tax - State --
Accrued Property Taxes --
Accrued Workers Comp 1,570
Accrued Payroll --
Accrued Payroll Taxes --
--------
TOTAL TAXES AND OTHER PRIORITY LIABILITIES 1,570
UNSECURED LIABILITIES
Accounts Payable 7,744
Senior & IDR Bonds --
--------
TOTAL UNSECURED LIABILITIES 7,744
OTHER LIABILITIES
Accrued Liabilities 2,362
Short-Term Intercompany Payables 5
Retirement Benefits (590)
Deferred Taxes - Long-Term Liability --
Other Long-Term Liabilities 1,983
Long-Term Intercompany Payables 6,471
Minority Interest --
--------
TOTAL LIABILITIES 22,580
Common Stock --
Capital In Excess Of Par Value --
Retained Earnings - Prepetition 18,411
Retained Earnings - Post Petition (7,429)
Equity In European Operations --
Accumulated Translation Adjustment --
Minimum Pension Liability Adjustment --
Unearned Restricted Stock --
--------
TOTAL SHAREHOLDER EQUITY 10,982
--------
TOTAL LIABILITIES AND EQUITY $ 33,562
========
PERIOD ENDED: 09-30-05 CASE #04-67606
LYNCHBURG FOUNDRY (ARCHER CREEK)
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
08/31/05 Withheld Deposits 09/30/05
---------- ----------- ---------- ------------
Income tax withheld: Federal $ 0 ($278,719) $ 278,719 $ 0
Income tax withheld: State 0 (101,341) 101,341 0
Income tax withheld: Local 0 0 0 0
FICA Withheld 0 (160,941) 160,941 0
Employers FICA (40,246) (142,230) 161,696 (20,779)
Unemployment Tax: Federal (2,840) (135) 0 (2,975)
Unemployment Tax: State (1,266) (1,358) 0 (2,624)
All Other Payroll W/H (2,671) (104,166) 71,768 (35,069)
State Taxes: Inc./Sales/Use/Excise (49,183) 0 1,211 (47,972)
Property Taxes (196,880) (25,262) 0 (222,142)
Workers Compensation 27,260 (31,750) (259,685) (264,175)
---------- ----------- ---------- ------------
Total ($265,825) ($845,901) $ 515,991 ($595,735)
Wages and Salaries (664,938) (1,859,209) 2,114,601 (409,546)
---------- ----------- ---------- ------------
Grand Total ($930,763) ($2,705,110) $2,630,592 ($1,005,281)
========== =========== ========== ============
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 $ 1,983,330 $ 1,983,330 $ 0 $ 0
Accounts Receivable $13,991,687 $13,368,074 $186,859 $436,754
PERIOD ENDED: 09-30-05 LYNCHBURG FOUNDRY (RADFORD) CASE #04-67606
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
8/31/2005 Withheld Deposits 9/30/2005
--------- --------- ---------- ---------
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
CASH ACTIVITY ANALYSIS: MONTHLY CASH STATEMENT
MONTH ENDED 9/30/2005
CASE # 04-67606
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 2,287,772 -- -- --
TRANSFERS IN (CORPORATE) -- 1,609,263 1,538,564 314,072
DISBURSEMENTS -- (1,609,263) (1,538,564) (314,072)
TRANSFERS OUT (CORPORATE) (2,287,772) -- -- --
---------- ----------- ---------- --------
ENDING BANK BALANCE -- -- -- --
MATERIALS & OTHER DISBURSEMENTS PAID FOR BY CORPORATE 3,455,561
CHECKS ISSUED 1,642,975
PAYROLL DISBURSED (INCLUDES PAYROLL PAID BY CORPORATE) 2,289,092
CORPORATE DEBIT MEMOS 52,630
-----------
TOTAL DISBURSEMENTS (SEE TOTAL DISBURSEMENTS RECONCILIATION) $ 7,440,258
===========
OUTSTANDING CHECKS AS OF AUGUST 31 230,658
VOIDED CHECKS OUTSTANDING AS OF AUGUST 31 (3,240)
CHECKS ISSUED DURING SEPTEMBER 1,642,975
CHECKS CLEARED DURING SEPTEMBER (1,609,263)
-----------
OUTSTANDING CHECKS AS OF SEPTEMBER 30 (SEE OUTSTANDING CHECKLIST) $ 261,130
===========
LYNCHBURG FOUNDRY, INC. (ARCHER CREEK) CASE NO. 04-67606
CASH DISBURSEMENTS
SEPTEMBER 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
AC CONTROLS CO $ 1,984.07
ACE INSURANCE 10,528.78
ACTION MACHINERY 1,501.86
ADAMS MOTOR CO 434.59
ADAMS, RICKY O. 22.00
ADVANCED CARBIDE TOOL 6,862.25
AEA TECHNOLOGY 129.15
AERIAL SERVICE AND PARTS INC. 130.62
AETNA U.S. HEALTHCARE 14,874.78
AFP INDUSTRIES 784.37
AFS PIEDMONT CHAPTER 255.00
AGFA NDT, INC 900.67
AIR PRODUCTS AND CHEMICALS 2,386.75
AIRGAS MID-AMERICA 931.66
ALABAMA BY-PRODUCTS 377,407.61
ALLIED WASTE SERVICES #974 28,319.74
ALLOR MFG 2,022.75
ALLTEL 291.13
ALPHA OMEGA RESOURCES 4,784.10
AMERICAN & OHIO LOCOMOTIVE 47.69
AMERICAN ELECTRIC MOTORS 1,088.00
AMERIGAS - LYNCHBURG-MONROE 10,871.60
AMX PERFORMANCE CO 757.00
APPALACHIAN POWER CO 179,223.50
APPARATUS REPAIR SERVICES 1,700.00
APPLIED IND. TECHNOLOGIES 12,633.82
APPOMATTOX GLASS & STOREFRONT 194.75
ARAMARK UNIFORM SERVICES 3,496.64
ARCET EQUIPMENT 3,124.55
AT&T 97.32
AT&T 117.64
ATLANTIC COAST TOYOTALIFT 11,277.52
ATL-EAST TAG & LABEL 1,948.30
ATMOSPHERE ANNEALING 2,323.97
AUTOCOM MANUFACTURING 219,386.00
AUTOTECH SYSTEMS 330.12
BARKER-JENNINGS 7,845.47
BMG METALS 3,832.34
BOND, CYNTHIA GALLIER 461.90
BOULEVARD PROPERTIES 1,381.25
BOXLEY AGGREGATES 2,313.39
BRAMMER SAFETY SUPPLY 11,393.47
BRC COMPANY 1,950.76
BRENNTAG SOUTHEAST 2,364.39
C&C TOOL & SUPPLY 415.99
CAMPBELL COUNTY TREASURER 2,523.85
CAMPBELL-PAYNE 480.00
CANDLER OIL 48,332.95
CAPP, INC. 1,185.34
CARCO INC 320.00
CAROLINA FLUID COMPONENTS 486.46
CARPENTER TIRE CO 1,588.00
CARTER MACHINERY 3,722.25
CARTER, JASON 112.37
CASTROL INDUSTRIAL NA, INC. 674.70
CC METALS & ALLOYS 149,418.18
CENTRA LAB 93.50
CHAMPION CHISEL WORKS 3,007.04
COLUMBIA GAS 3,558.34
COMMERICAL STEEL ERECTION 7,042.50
COMPUWARE 297.00
CONSUMERS/ DORIN-ADAMS 22,412.25
CONTROL CORP OF AMERICA 71.87
CROSS SALES & ENGINEERING 310.95
CSXT 8,289.00
DAVIS, DOUGLAS, JR 125.90
DELL MARKETING LP 232.00
DETEK 2,033.05
LYNCHBURG FOUNDRY, INC. (ARCHER CREEK) CASE NO. 04-67606
CASH DISBURSEMENTS
SEPTEMBER 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
DICK HARRIS & SON TRUCK 526.00
DIDION INTERNATIONAL 40,450.85
DIKE-O-SEAL 1,389.94
DM&E RAILROAD 97,079.59
DOMINION METALLURGICAL 1,942.74
DRS. NEWMAN, BLACKSTOCK 407.00
EAGLITE CHEMICALS 1,936.00
ECK SUPPLY 10,631.09
ECONOMY ENERGY, LLC 126,000.00
ELECOM INC 130.00
ELECTRIC MELTING 3,514.52
ELECTRONICS REPAIR CENTER 393.00
ELECTRO-NITE CO 292.50
ELKEM METALS 86,847.93
ELY CRANE AND HOIST 50,415.71
EMLEX CONSTRUCTION 5,838.11
ENGINEERING CHEMISTRY 1,677.25
ENTERPRISE 35.00
EQUIPMENT MERCHANTS, INTL 6,914.21
ETA ENGINEERING 7,901.00
EUTECTIC CORPORATION 370.27
EXCEL TECHNOLOGIES 150.00
FAMILY SUPPORT REGISTRY 731.40
FARM SERVICE CO. 29.70
FEDERAL RESERVE 550.00
FEI LYNCHBURG #75 133.42
FERBEE-JOHNSON CO 8,339.15
FIRE & SAFETY EQUIPMENT 1,178.12
FMC TECHNOLOGIES 285.90
FOLEY MATERIAL HANDLING 59.65
FOSECO 55,533.24
FOSTER ELECTRIC CO 959.95
G E SUPPLY 2,023.08
G.E. CAPITAL 7,228.00
GALLS INC. 278.05
GAS EQUIPMENT SUPPLY CO 1,053.97
GENERAL KINEMATICS 14,690.83
GIVENS, RICHARD 1,480.00
GLOBE METALLURGICAL 245,619.00
GLOVER, S. A. 217.95
H C WADE, SHEET METAL WKS, INC. 6,700.00
HA INTERNATIONAL 60,220.79
HACH CHEMICAL COMPANY 57.00
HAJOCA CORPORATION 1,479.26
HALL BATTERY SUPPLY 208.00
HARBISON-WALKER REFRACTORIES 12,668.36
HAWKINS-GRAVES, INC 2,250.00
HELEN P. PARRISH 207.00
HELWIG CARBON, INC 117.32
HERAEUS ELECTRO-NITE CO 15,757.35
HERBERT L. BESKIN 9,498.64
HERMITAGE AUTOMATION 69.93
HI TECH MACHINING, LLC 10,357.28
HILL AND GRIFFITH 56,230.25
HOPKINS, WILLIAM D 75.90
HUBBELL INDUSTRIAL CONTROLS 255.60
I.A.M. NATIONAL PENSION FUND 1,602.65
IFS INDUSTRIES 7,975.00
INDUSTRIAL CONTROLS 87.12
INDUSTRIAL FILTER MFG 1,547.18
INDUSTRIAL SUPPLY CORP 17,482.73
INDUSTRIAL TOOL SERVICES 311.11
INFORMATION HANDLING SERVICE 833.20
INGERSOLL-RAND CO 8,069.69
INTERNATIONAL ASSOC 360.00
INTERSTATE BATTERY 159.75
IRON AGE CORPORATION 1,804.14
J.F. DEACON GARAGE 629.76
JACKSON WANDA K 496.15
LYNCHBURG FOUNDRY, INC. (ARCHER CREEK) CASE NO. 04-67606
CASH DISBURSEMENTS
SEPTEMBER 2005
Vendor Total Disbursements
- ------------------------------------------------- -------------------
JAMES D. ENGLISH 14,920.22
JDN LEASING 5,533.76
JEFFERSON GALLERIES 1,581.55
JESUS BARAJAS CARLOS 11,022.02
JEVIC 195.93
JOBE& COMPANY 2,480.44
JOHNSON DIVERSE/DUBOIS 3,233.59
KATHRYN'S FLOWER SHOP 57.25
KC ROBOTICS, INC 368.55
KEETER-DIXON-PEARRE 370.00
KELLY SERVICES, INC. 574.40
KENT RUDBECK 480.00
KISER, RONALD G. 3,806.96
LABORATORY CORP. OF AMERICA 16.50
LEE VALVE 234.89
LEWIS SYSTEMS INC. 8,438.70
LIFTONE 592.62
LINA 214.50
LINTERN CORP 441.52
LIVINGSTON AND HAVEN 518.76
LYNCHBURG REGIONAL CHAMBER OF COMMERCE 589.50
MAGNETEK INDUSTRIAL CONTROLS 564.74
MASTER GAGE & TOOL CO 1,900.00
MAYBERRY, SUSIE 239.47
MCBRIDE BLACKBURN OPTICIANS 181.50
MCMASTER-CARR SUPPLY 442.35
MECHANICAL TECHNOLOGIES 3,479.24
MEDICAL ASSOCIATES OF CENTRAL VA 20.00
MERCER 16,738.00
MERCER 18,214.00
METAL MARKER MFG 2,173.85
MOORE'S MACHINE CO 8,292.50
MOTION INDUSTRIES 1,417.05
MYRON MANUFACTURING CORP 207.02
NATIONAL AUTO PARTS 377.32
NATIONAL MATERIAL TRADING 127,899.82
NEWARK INONE 78.97
NORTH AMERICAN MFG CO 1.20
NORTHERN TOOL & EQUIPMENT CO 659.98
OMNISOURCE FT WAYNE 1,983,865.87
O-N MINERALS JAMES RIVER OPERATIONS 8,000.00
PALLETONE OF VA 6,029.10
PAYROLL ISSUED (INCLUDES CORP DISBURSMENTS 2,289,092.22
PIEDMONT FOUNDRY SUPPLY 144,906.22
PORTER WARNER IND 41,211.00
POTOMAC ENVIRONMENTAL 2,680.85
PRECISION HYDRAULICS CO 7,680.62
PROCESS DEVELOPMENT CORP. 945.00
PROFORMA 2,416.23
PROVIDENT LIFE 74.75
PROVIDENT LIFE & ACCIDENT 2,200.13
QSI, INC 314.17
R.I. LAMPUS 55,644.24
RADIO COMM. CO 136.00
REBECCA B. CONNELLY 750.00
RED HILL GRINDING WHEEL 1,383.58
REI CONSULTANTS 1,781.45
RENO REFRACTORIES 1,353.00
RICHMOND SECURITY SERVICES 10,300.86
ROBERTS SINTO CORP 269.55
ROSE OFFICE SYSTEMS 439.00
ROURA IRON WORKS, INC 148.30
RSC 2,078.85
SAFETY & COMPLIANCE SERVICES 3,075.00
SAFETY-KLEEN 792.00
SALEM TOOLS 252.21
SARVER, ROBERT 18.89
SERVICE FIRST 888.54
SHEPHERDS FABRICS & SUPLS 128.00
LYNCHBURG FOUNDRY, INC. (ARCHER CREEK) CASE NO. 04-67606
CASH DISBURSEMENTS
SEPTEMBER 2005
VENDOR TOTAL DISBURSEMENTS
- ------------------------------------------------- -------------------
SMITH SERVICES 20,195.65
SOUTHEAST SERVICE SUPPLY 1,695.00
SOUTHEASTERN ENGINEERING SALES 4,398.00
SOUTHERN AIR 368.80
SOUTHERN MAINTENANCE SUPPLY 3,634.00
SPECIAL K LANDSCAPING 3,175.00
SPECIALTY FOUNDRY PRODUCTS 7,938.00
SPRAYING SYSTEMS 656.17
STAHL, INC 1,797.34
SUPERIOR GRAPHITE 12,504.38
T K GROUP, INC 180.00
T. H. COMMUNICATIONS 650.00
TEMPLETON'S MKT 419.99
TENNANT COMPANY 587.70
THE MASA CORP 3,412.35
THE ORTHOPAEDIC CENTER OF CENTRAL VIRGINIA, INC. 565.05
THERMO ELECTRON SCIENTIFIC 420.18
THOMPSON TRUCKING 49,037.26
TICE - ANDERSON, PATSY 699.28
TIME TECHNOLOGIES 81.12
TOMLIN, LINDA 105.61
TRANSMAN 23,352.69
TREASURER OF THE COMMONWEALTH OF VIRGINIA 869.00
TREASURER OF VA 20,389.30
TREASURER OF VIRGINIA DIV. OF SUPPORT ENFORCEMENT 4,038.94
TRENT, CAROLYN F. 134.01
TRUCK BODY CORPORATION 7.48
TUSCOLA SAGINAW BAY RAILWAY 40,587.68
UMETCO INC 61,742.16
UNITED HYDRAULICS INC 13,614.69
UNITED WAY OF CENTRAL VA 2,499.85
VA CAROLINA BELTING 8,590.34
VA DEPT OF TAX 1,461.13
VA FLUID POWER 792.00
VALLEY FASTENERS 2,685.22
VERIZON 2,512.00
VIRGINIA CAROLINA CONTROLS 297.20
VIRGINIA GEOTECHNICAL SERVICES 2,257.64
VWR SCIENTIFIC 254.96
WEBER MARKING SYSTEMS 1,551.23
WENDT DUNNINGTON 557.83
WEXFORD SAND COMPANY 31,600.00
WHEELABRATOR 10,460.83
WHEELABRATOR ABRASIVES 60,910.00
WIGGINGTON RD FAMILY PRACTICE 437.00
WILEY & WILSON 2,190.00
WILLIAMS, CLARENCE 10,082.16
WILLIAMSON & WILMER 138.86
WILLIAMSON, CHARLIE C. 464.27
WILSON TRUCKING 54.74
WOMEN'S HEALTH SERVICES 303.08
WOODS, ROGERS 1,419.20
WOODS, ROGERS 2,975.91
WOODS, ROGERS 867.00
WOOLDRIDGE HEATING & AIR 8,275.00
XEROX CORPORATION 1,647.32
XPEDX 6,110.11
-------------
$7,440,258.05
LYNCHBURG FOUNDRY
CASE NO. 04-67606
AT OF 9/30/05
ARCHER CREEK - BANK RECONCILIATION
Bank Balance $ --
Outstanding AP Checks 261,130.37
Outstanding PR Checks 205,497.64
Misc Reconciling Items Adjusted in October. (238.66)
-----------
466,389.35
Unadjusted GL Balance 466,389.35
-----------
Difference $ --
===========
ARCHER CREEK
OUTSTANDING CHECKS
CASE NO. 04-67606
DATE CHECK OUTSTANDING
---- ----- -----------
10/8/2004 15418 $ 28.35
10/8/2004 15419 85.61
10/8/2004 15421 28.35
10/11/2004 15430 52.67
10/14/2004 15447 42.76
10/15/2004 15452 296.64
10/22/2004 15555 48.50
7/5/2005 21092 860.16
7/22/2005 21511 120.00
8/9/2005 21899 9.27
8/9/2005 21900 178.00
8/9/2005 21901 7.39
8/26/2005 22322 335.21
9/2/2005 22492 238.66
9/6/2005 22549 649.44
9/8/2005 22563 195.93
9/9/2005 22639 303.08
9/9/2005 22657 455.88
9/9/2005 22658 15.00
9/9/2005 22662 182.00
9/13/2005 22717 2,328.48
9/13/2005 22718 2,015.64
9/15/2005 22797 2,174.40
9/20/2005 22851 31.30
9/20/2005 22852 16.39
9/20/2005 22857 384.62
9/20/2005 22858 22.72
9/20/2005 22868 1,564.00
9/20/2005 22869 12.69
9/21/2005 22884 234.15
9/21/2005 22885 20.02
9/23/2005 22888 184.01
9/23/2005 22908 1,053.97
9/23/2005 22910 75.90
9/23/2005 22912 29.40
9/23/2005 22913 18.89
9/23/2005 22914 306.42
9/23/2005 22918 2,763.00
9/23/2005 22922 277.56
9/23/2005 22923 12.50
9/23/2005 22924 321.20
9/23/2005 22925 10.50
9/23/2005 22926 598.73
9/23/2005 22927 63.27
9/23/2005 22928 58.00
9/23/2005 22936 160.00
9/23/2005 22937 282.20
9/23/2005 22938 15.00
9/23/2005 22939 254.00
9/26/2005 22940 21.12
9/27/2005 22944 370.27
9/27/2005 22945 2,763.00
9/28/2005 22946 69.93
9/28/2005 22948 20,580.00
9/28/2005 22949 480.00
9/28/2005 22950 207.02
9/29/2005 22956 361.87
9/29/2005 22957 1,105.00
9/29/2005 22958 4,070.30
9/29/2005 22959 354.90
9/29/2005 22960 583.65
9/29/2005 22961 292.62
9/29/2005 22962 1,664.16
9/29/2005 22963 240.81
9/29/2005 22964 583.88
9/29/2005 22965 1,344.06
9/29/2005 22966 555.00
9/29/2005 22967 330.12
9/29/2005 22968 919.10
9/29/2005 22969 1,364.40
9/29/2005 22970 10.66
9/29/2005 22971 673.33
9/29/2005 22972 130.00
9/29/2005 22973 292.50
9/29/2005 22974 7,901.00
9/29/2005 22975 217.40
9/29/2005 22976 544.32
9/29/2005 22977 57.00
9/29/2005 22978 5,956.85
9/29/2005 22979 13,053.99
9/29/2005 22980 7,975.00
9/29/2005 22981 1,547.18
9/29/2005 22982 3,717.57
9/29/2005 22983 1,977.50
9/29/2005 22984 574.40
9/29/2005 22985 1,953.95
9/29/2005 22986 441.52
9/29/2005 22987 9.74
9/29/2005 22988 179.46
9/29/2005 22989 294.00
9/29/2005 22990 1.20
9/29/2005 22991 83.93
9/29/2005 22992 15,634.08
9/29/2005 22993 136.00
9/29/2005 22994 1,080.00
9/29/2005 22995 1,451.45
9/29/2005 22996 1,353.00
9/29/2005 22997 38.27
9/29/2005 22998 888.54
9/29/2005 22999 1,739.84
9/29/2005 23000 1,797.34
9/29/2005 23001 587.70
9/29/2005 23002 166.42
9/29/2005 23003 210.00
9/29/2005 23004 3,250.01
9/29/2005 23005 1,011.14
9/29/2005 23006 279.00
9/29/2005 23007 1,161.98
9/29/2005 23008 117.64
9/29/2005 23009 93.50
9/29/2005 23010 2,469.75
9/29/2005 23011 392.86
9/29/2005 23013 382.50
9/29/2005 23014 11.29
9/29/2005 23015 98.36
9/29/2005 23016 202.22
9/29/2005 23017 142.27
9/29/2005 23018 54.78
9/29/2005 23019 3.94
9/29/2005 23020 500.28
9/29/2005 23021 4.49
9/29/2005 23022 49,228.67
9/29/2005 23023 286.31
9/29/2005 23024 194.68
9/29/2005 23025 2,015.64
9/30/2005 23026 54.12
9/30/2005 23027 57.08
9/30/2005 23028 82.84
9/30/2005 23034 434.59
9/30/2005 23035 350.00
9/30/2005 23036 520.00
9/30/2005 23037 59.50
9/30/2005 23038 22.00
9/30/2005 23039 2,532.00
9/30/2005 23040 92.38
9/30/2005 23041 112.37
9/30/2005 23042 146.28
9/30/2005 23043 207.00
9/30/2005 23044 9,498.64
9/30/2005 23045 99.23
9/30/2005 23046 14,920.22
9/30/2005 23047 214.50
9/30/2005 23048 2,200.13
9/30/2005 23049 750.00
9/30/2005 23050 565.05
9/30/2005 23051 105.61
9/30/2005 23052 3,820.29
9/30/2005 23053 50.00
9/30/2005 23054 3,537.60
9/30/2005 23055 464.27
9/30/2005 23056 668.83
9/30/2005 23057 484.90
9/30/2005 23058 381.40
9/30/2005 23059 925.00
9/30/2005 23060 126.75
9/30/2005 23061 493.57
9/30/2005 23062 178.92
9/30/2005 23063 171.40
9/30/2005 23064 286.04
9/30/2005 23065 250.00
9/30/2005 23066 2,415.30
9/30/2005 23067 265.93
9/30/2005 23068 15.00
9/30/2005 23069 145.08
9/30/2005 23070 6.32
9/30/2005 23071 89.36
9/30/2005 23072 49.50
9/30/2005 23073 167.75
9/30/2005 23074 2,332.10
9/30/2005 23075 18,522.00
-----------
$261,130.37
===========
INTERMET CORPORATION AND SUBSIDIARIES
CASH ACTIVITY ANALYSIS: MONTHLY CASH STATEMENT
MONTH ENDED 9/30/2005
CASE NO. 04-67606
LYNCHBURG FOUNDRIES - (RADFORD FOUNDRY)
---------------------------------------
TOTAL DISBURSEMENTS
(CORPORATE DEBIT MEMOS) $5,824
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
SEPTEMBER 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
AETNA $ 103.58
CITY OF RADFORD 4,700.26
CORPORATE TAX MANAGEMENT 950.00
NORFOLK SOUTHERN 25.00
PROVIDENT LIFE 45.51
---------
$5,824.35
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: SEPTEMBER 30, 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: OCTOBER 20, 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 SEPTEMBER 30, 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: OCTOBER 20, 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 9-30-05
($000's)
CASE #04-67608
NORTHERN
CASTINGS
----------------------------------
Current Month Total Since Filing
------------- ------------------
Net Sales 1,661 19,162
Cost of Goods Sold
Materials and Freight 530 4,853
Wages - Hourly 314 3,018
Wages-Salary 98 1,025
Employee Benefits and Pension 96 1,335
Repairs & Maintenance 63 1,040
Supplies 94 1,181
Utilities 135 1,676
Purchased Components/Services 84 1,005
Income(loss) from Pattern Sales -- (191)
Fixed Asset - (gain/loss) -- --
MIS Expense 4 137
Travel & Entertainment 2 27
Other Variable Costs (33) 437
Depreciation & Amortization 80 529
Other Allocated Fixed Costs -- --
Other Fixed Costs 18 277
----- ------
Cost of Goods Sold 1,485 16,349
Gross Profit 176 2,813
Plant SG&A Expense -- (3)
SG&A Expense - Allocation (Sched 1) 51 598
Other Operating Expenses -- --
----- ------
Total Operating Expenses 51 595
Operating Profit 125 2,218
Outside Interest Income -- --
Outside Interest (Expense) -- --
Intercompany Interest Income -- --
Intercompany Interest (Expense) (32) (242)
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 (32) (242)
Income Before Income Taxes 93 1,976
Income Tax Expense -- 4
----- ------
Net Income 93 1,972
===== ======
Intermet Corp. and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs September
(Allocation of Corporate Costs to Filing Entities)
(000's)
September
---------
Officer Compensation $ 189
Salary Expense other Employees 949
Employee Benefits and Pension (166)
Payroll Taxes 49
Other Taxes (1)
Rent and Lease Expense 203
Interest Expense
Insurance 54
Automobile and Truck Expense 11
Utilities(Gas Electric,Phone) 51
Depreciation 87
Travel and Entertainment 155
Repairs and Maintenance 40
Advertising/Promotion 0
Supplies, Office Expense 33
OTHER:
Contributions 0
Professional Fees - Audit/Tax 350
Bank Fees 0
Public Reporting Fees (100)
Employee Relocation/Training 5
Data Processing 25
Dues and Subscriptions 12
Outside Services 245
Project Development Costs net of Billings 19
Director Fees 25
Miscellaneous 1
Legal Fees 26
Cost Allocation - Europe (78)
Cost Allocation - Out (204)
------
$1,979
======
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 327
------
Total $1,979
======
Intermet Corp.and Subsidiaries
Balance Sheet as on 09-30-05
($000's)
CASE #04-67608
NORTHERN
CASTINGS
--------------
Cash And Equivalents $ --
Accounts Receivable 2,843
Short-Term Intercompany Receivables 26
Inventories 1,067
Other Current Assets 3
--------
TOTAL CURRENT ASSETS 3,939
Land and Buildings 2,266
Machinery & Equipment 9,628
Construction In Progress 4,315
--------
Total Fixed Assets 16,209
Accumulated Depreciation (10,297)
--------
NET FIXED ASSETS 5,912
Investment In Subsidiaries --
Investment In European Operations --
Long-Term Intercompany Receivables 8,074
Deferred Taxes, Long-Term Asset --
Other Assets 107
--------
TOTAL ASSETS $ 18,032
========
LIABILITIES AND SHAREHOLDER EQUITY
POST PETITION LIABILITIES
Accounts Payable $ 896
Wages and Salaries (See schedule) 66
Taxes Payable - (See schedule) 172
--------
TOTAL POST PETITION LIABILITIES 1,134
SECURED LIABILITIES:
SECURED DEBT --
PRE-PETITION LIABILITIES:
Taxes and Other Priority Liabilities:
Accrued Income Taxes --
Accrued Tax - State --
Accrued Property Taxes --
Accrued Workers Comp. 34
Accrued Payroll --
Accrued Payroll Taxes --
--------
TOTAL TAXES AND OTHER PRIORITY LIABILITIES 34
UNSECURED LIABILITIES
Accounts Payable 1,661
Senior & IDR Bonds --
--------
TOTAL UNSECURED LIABILITIES 1,661
OTHER LIABILITIES
Accrued Liabilities 307
Short-Term Intercompany Payables 4
Retirement Benefits --
Deferred Taxes - Long-Term Liability --
Other Long-Term Liabilities --
Long-Term Intercompany Payables --
Minority Interest --
--------
TOTAL LIABILITIES 3,140
Common Stock --
Capital In Excess Of Par Value 1,800
Retained Earnings - Prepetition 11,120
Retained Earnings - Post Petition 1,972
Equity In European Operations
Accumulated Translation Adjustment --
Minimum Pension Liability Adjustment --
Unearned Restricted Stock --
--------
TOTAL SHAREHOLDER EQUITY 14,892
--------
TOTAL LIABILITIES AND EQUITY $ 18,032
========
PERIOD ENDED: 09-30-05 NORTHERN CASTINGS CORP. CASE #04-67608
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
8/31/05 Withheld Deposits 9/30/05
--------- --------- ---------- ---------
Income tax withheld: Federal ($ 8,894) ($ 46,224) $ 49,902 ($ 5,216)
Income tax withheld: State (4,111) (19,865) 21,511 (2,466)
Income tax withheld: Local 0 0 0 0
FICA Withheld (7,793) (34,201) 37,324 (4,670)
Employers FICA (7,498) (25,227) 28,349 (4,376)
Unemployment Tax: Federal 1,429 (2,694) 0 (1,265)
Unemployment Tax: State 0 0 0 0
All Other Payroll W/H 0 0 0 0
State Taxes: Inc./Sales/Use/Excise (30,267) (23,978) 0 (54,245)
Property Taxes (42,131) (2,000) 0 (44,131)
Workers Compensation (5,584) (50,070) 0 (55,654)
--------- --------- -------- ---------
Total ($104,850) ($204,259) $137,086 ($172,022)
Wages and Salaries (87,625) (709,567) 731,332 (65,861)
--------- --------- -------- ---------
Grand Total ($192,475) ($913,826) $868,418 ($237,883)
========= ========= ======== =========
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 $ 896,345 $ 913,005 $ 0 ($16,660)
Accounts Receivable $2,804,032 $2,377,032 $111,000 $316,000
INTERMET CORPORATION AND SUBSIDIARIES
CASH ACTIVITY ANALYSIS: MONTHLY CASH STATEMENT
MONTH ENDED 9/30/2005
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 -- -- -- --
TRANSFERS IN (CORPORATE) 1,254,272 1,008,825 375,607 85,180
DISBURSEMENTS -- (1,008,825) (375,607) (85,180)
TRANSFERS OUT (CORPORATE) (1,254,272) -- -- --
---------- ----------- ----------- -----------
ENDING BANK BALANCE -- -- -- --
MATERIALS & OTHER DISBURSEMENTS PAID FOR BY CORPORATE 497,620
CHECKS ISSUED 833,536
PAYROLL DISBURSED (INCLUDES PAYROLL PAID BY CORPORATE) 500,985
CORPORATE DEBIT MEMOS 8,053
----------
TOTAL DISBURSEMENTS (SEE TOTAL DISBURSEMENTS RECONCILIATION) $ 1,840,193
==========
OUTSTANDING CHECKS AS OF AUGUST 31 291,995
VOIDED CHECKS OUTSTANDING AS OF AUGUST 31 --
CHECKS ISSUED DURING SEPTEMBER 833,536
CHECKS CLEARED DURING SEPTEMBER (1,008,825)
----------
OUTSTANDING CHECKS AS OF SEPTEMBER 30 (SEE OUTSTANDING CHECK $ 116,707
==========
NORTHERN CASTINGS CORPORATION CASE NO. 04-67608
CASH DISBURSEMENTS
SEPTEMBER 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
3 RIVERS $ 13,253.99
ACE INSURANCE 7,122.76
AETNA US HEALTHCARE 1,491.04
AIR HYDRAULICS 649.07
AIRGAS 2,446.36
ALAN QUICK 400.32
ALTER TRADING 55,897.25
AMERICAN COLLOID 3,451.08
AMERIPRIDE LINEN 833.93
ANDERSON CRANE 2,656.77
B& R ENG 1,746.90
B&R ENGINEERING 12,155.88
BALDWIN SUPPLY 2,396.35
BEAR COUNTRY 1,330.00
BEHR METALS 339,570.00
BOB SCOFIELD 12,550.00
BRUCE DUMOND 700.00
BRUCE SMITH 2,106.00
CARPENTER BROS 1,238.40
CARQUEST 50.28
CAST CORP 58,906.00
CHILD SUPPORT 2,541.70
COBB COOK 35.15
COLLECTION BUREAU 66.99
CRANE PRO 1,130.00
DISA 2,747.23
DIXIE 2,007.69
DVS 39.50
DYNAMIC AIR 1,392.80
ELKEM METALS, INC. 48,859.66
EMSCO 1,628.00
ENTERPRISE 35.00
EXPRESS PRINT 90.53
FASTENAL COMP 805.00
GEARY'S GROCERY 70.40
GIL-MAR 2,929.72
GMP LOCAL 21B 1,235.50
GREAT WESTERN 4,827.75
HERAEUS 589.44
HI TEMP 9,453.84
HIBBING PARK HOTEL 5,611.82
HIBBING SALVAGE 3,259.88
HI-TEMP 4,272.22
HR DIRECT 9,865.91
HYDRAULICS 58.95
HYTEST SAFETY 209.23
INFORMATION HANDLING SERVICES 833.20
IRON AGE 95.56
J.N. JOHNSON 415.74
JANASHAK PAT 32.23
JIM THUNE 2,078.74
KAMAN INDUSTRIAL 1,304.63
KEN BUCKLEY 7,700.00
KOINS 6,975.32
LARPEN METALL 15,268.50
LINA 8.00
MARK LUCARELLI 1,529.25
MAX GRAY 77,219.00
MCMASTER CARR 528.50
METOKOTE 8,103.08
MIDTOWN MACHINE 403.64
MIDWEST COMPT 234.25
MILLER & CO. 18,408.94
MINNESOTA DEPT OF CHI 773.00
MINNESOTA IND 5,968.90
MINNESOTA POWER 95,566.44
MISC OTHER 823.25
MN CHILD SUPPORT 2,629.76
NORTHERN CASTINGS CORPORATION CASE NO. 04-67608
CASH DISBURSEMENTS
SEPTEMBER 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
MN DEPT CHILD 773.00
MN DEPT OF REV 550.33
NEW CASTLE 2,970.89
NORTH STAR 824.42
NORTHERN TECH 1,854.52
OCCUPATIONAL 1,950.00
OMNIDYNE 214.63
P&H MINE PRO 2,021.44
PAYROLL ISSUED (INCLUDES CORP DISBURSMENTS) 500,984.77
PITNEY BOWES 250.00
PLAN IT TRAVEL 1,116.48
PMR, INC 1,778.00
POSTMASTER 50.00
PROVIDENT INSURANCE 362.58
PROVIDENT LIFE 61.75
PUC 2,776.72
RADKO 5,867.52
RADOTICH 83,201.00
RANGE AUTO 44.41
RANGE BUILDING 1,166.18
RANGE EQUIP 1,759.85
RANGE SEPTIC 400.00
RANGE STEEL 2,925.56
RC FABRICATORS 105.00
RCB COLLECTIONS 289.18
ROGER RASK 1,264.00
SAFETY SIGN COMPANY 105.04
SECURITAS 2,012.85
SIC 2,279.94
SIM SUPPLY 201.80
ST. LOUIS COUNTY 4,000.00
STANCO PRODUCTS 897.69
STEEL FABRICATORS 2,119.35
SULLIVAN CANDY 588.30
TOWN & CNTRY 285,783.00
TRANS MAN LOGISTICS, INC. 10,537.73
TRIMARK IND 2,244.09
TRITEC OF MN 6,707.20
TWIN PORTS PIZZA 555.00
UESCO CRANES 658.89
UNIMIN CORPORATION 17,000.00
VESUVIUS 7,346.16
VICKERS 8,362.28
YALE MATERIALS 1,615.63
-------------
$1,840,193.40
NORTHERN CASTINGS CORP
CASE NO. 04-67608
AT OF 9/30/05
HIBBING - BANK RECONCILIATION
Bank Balance $ --
Actual Outstanding Checks 116,707.06
(5,907.00)
-----------
110,800.06
Unadjusted GL Balance 110,800.06
-----------
Difference $ --
===========
NORTHERN CASTINGS CORP
OUTSTANDING CHECKS
CASE NO. 04-67608
DATE CHECK OUTSTANDING
---- ----- -----------
8/22/2005 77577 $ 32.70
8/31/2005 77613 65.82
9/12/2005 77740 801.25
9/15/2005 77794 1,817.00
9/19/2005 77803 658.89
9/22/2005 77808 954.25
9/22/2005 77814 801.25
9/28/2005 77820 362.58
9/28/2005 77821 1,412.84
9/28/2005 77823 3,721.69
9/28/2005 77824 2,776.72
9/28/2005 77825 95,566.44
9/28/2005 77826 4,966.21
9/28/2005 77828 250.00
9/29/2005 77829 50.00
9/30/2005 77830 66.99
9/30/2005 77831 122.49
9/30/2005 77832 2,279.94
-----------
$116,707.06
===========
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: SEPTEMBER 30, 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: OCTOBER 20, 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 SEPTEMBER 30, 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: OCTOBER 20, 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 9-30-05
($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 September
(Allocation of Corporate Costs to Filing Entities)
(000's)
September
---------
Officer Compensation $ 189
Salary Expense other Employees 949
Employee Benefits and Pension (166)
Payroll Taxes 49
Other Taxes (1)
Rent and Lease Expense 203
Interest Expense
Insurance 54
Automobile and Truck Expense 11
Utilities(Gas Electric,Phone) 51
Depreciation 87
Travel and Entertainment 155
Repairs and Maintenance 40
Advertising/Promotion 0
Supplies, Office Expense 33
OTHER:
Contributions 0
Professional Fees - Audit/Tax 350
Bank Fees 0
Public Reporting Fees (100)
Employee Relocation/Training 5
Data Processing 25
Dues and Subscriptions 12
Outside Services 245
Project Development Costs net of Billings 19
Director Fees 25
Miscellaneous 1
Legal Fees 26
Cost Allocation - Europe (78)
Cost Allocation - Out (204)
------
$1,979
======
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 327
------
Total $1,979
======
Intermet Corp and Subsidiaries
Balance Sheet as of 09-30-05
($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 77
--------
TOTAL ASSETS $ 12,944
========
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 49
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 62,332
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 $ 12,944
========
PERIOD ENDED: 09-30-05 CASE #04-67613
SUDBURY INC.
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
08/31/2005 Withheld Deposits 09/30/2005
---------- --------- ---------- ----------
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 9/30/2005
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: SEPTEMBER 30, 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: OCTOBER 20, 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 SEPTEMBER 30, 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: OCTOBER 20, 2005 /s/ Robert E. Belts
----------------------------------------
Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- --------------
Title Phone
MONTHLY CASH STATEMENT
Period Ending: SEPTEMBER 30, 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: OCTOBER 20, 2005 ----------------------------------------
Debtor in Possession
Form 5
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: SEPTEMBER 30, 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: OCTOBER 20, 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 SEPTEMBER 30, 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: OCTOBER 20, 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 9-30-05
($000's)
CASE # 04-67610
TOOL
PRODUCTS, INC.
-----------------
Total
Current Since
Month Filing
------- ------
Net Sales 4,792 59,526
Cost of Goods Sold
Materials and Freight (47) 7,192
Wages - Hourly 1,197 14,137
Wages-Salary 310 3,419
Employee Benefits and Pension 363 5,388
Repairs & Maintenance 205 1,951
Supplies 195 2,764
Utilities 266 2,862
Purchased Components/Services 1,642 15,121
Income(loss) from Pattern Sales (43) (144)
Fixed Asset - (gain/loss) -- 2
MIS Expense 17 229
Travel & Entertainment 16 175
Other Variable Costs 58 1,344
Depreciation & Amortization 229 2,612
Other Allocated Fixed Costs -- (1)
Other Fixed Costs 96 968
----- ------
Cost of Goods Sold 4,504 58,019
Gross Profit 288 1,507
Plant SG&A Expense 58 805
SG&A Expense - Allocation (Sched 1) 137 1,614
Other Operating Expenses -- 894
----- ------
Total Operating Expenses 195 3,313
Operating Profit 93 (1,806)
Outside Interest Income -- --
Outside Interest (Expense) -- (21)
Intercompany Interest Income -- --
Intercompany Interest (Expense) (97) (1,049)
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 (97) (1,073)
Income Before Income Taxes (4) (2,879)
Income Tax Expense 58 529
----- ------
Net Income (62) (3,408)
===== ======
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs September
(Allocation of Corporate Costs to Filing Entities)
(000's)
September
---------
Officer Compensation $ 189
Salary Expense other Employees 949
Employee Benefits and Pension (166)
Payroll Taxes 49
Other Taxes (1)
Rent and Lease Expense 203
Interest Expense
Insurance 54
Automobile and Truck Expense 11
Utilities(Gas Electric,Phone) 51
Depreciation 87
Travel and Entertainment 155
Repairs and Maintenance 40
Advertising/Promotion 0
Supplies, Office Expense 33
OTHER:
Contributions 0
Professional Fees - Audit/Tax 350
Bank Fees 0
Public Reporting Fees (100)
Employee Relocation/Training 5
Data Processing 25
Dues and Subscriptions 12
Outside Services 245
Project Development Costs net of Billings 19
Director Fees 25
Miscellaneous 1
Legal Fees 26
Cost Allocation - Europe (78)
Cost Allocation - Out (204)
------
$1,979
======
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 327
------
Total $1,979
======
Intermet Corp. and subsidiaries
Balance Sheet as of 09-30-05
($000s)
CASE # 04-67610
TOOL PRODUCTS, INC.
-------------------
Cash And Equivalents $ 1
Accounts Receivable 6,324
Short-Term Intercompany Receivables 1,253
Inventories 4,572
Other Current Assets 215
--------
TOTAL CURRENT ASSETS 12,365
Land and Buildings 10,877
Machinery & Equipment 25,914
Construction In Progress 2,009
--------
Total Fixed Assets 38,800
Accumulated Depreciation (15,925)
--------
NET FIXED ASSETS 22,875
Investment In Subsidiaries --
Investment In European Operations --
Long-Term Intercompany Receivables 8,090
Deferred Taxes, Long-Term Asset --
Other Assets --
--------
TOTAL ASSETS $ 43,330
========
LIABILITIES AND SHAREHOLDER EQUITY
POST PETITION LIABILITIES
Accounts Payable $ 2,021
Wages and Salaries (See schedule) 493
Taxes Payable - (See schedule) 302
--------
TOTAL POST PETITION LIABILITIES 2,816
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 431
Accrued Payroll --
Accrued Payroll Taxes --
--------
TOTAL TAXES AND OTHER PRIORITY LIABILITIES 431
UNSECURED LIABILITIES
Accounts Payable 6,622
Senior & IDR Bonds --
--------
TOTAL UNSECURED LIABILITIES 6,622
OTHER LIABILITIES
Accrued Liabilities 1,988
Short-Term Intercompany Payables 599
Retirement Benefits 255
Deferred Taxes - Long-Term Liability --
Other Long-Term Liabilities --
Long-Term Intercompany Payables 2,611
Minority Interest --
--------
TOTAL LIABILITIES 15,337
Common Stock --
Capital In Excess Of Par Value 19,200
Retained Earnings - Prepetition 12,201
Retained Earnings - Post Petition (3,408)
Equity In European Operations
Accumulated Translation Adjustment --
Minimum Pension Liability Adjustment --
Unearned Restricted Stock --
--------
TOTAL SHAREHOLDER EQUITY 27,993
--------
TOTAL LIABILITIES AND EQUITY $ 43,330
========
PERIOD ENDED: 09-30-05 TOOL PRODUCTS, INC. (JACKSON) CASE #04-67610
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
8/31/2005 Withheld Deposits 9/30/2005
--------- --------- ---------- ---------
Income tax withheld: Federal ($26,266) ($55,889) $ 82,156 ($0)
Income tax withheld: State 0 0 0 0
Income tax withheld: Local 0 0 0 0
FICA Withheld (18,235) (37,617) 55,853 0
Employers FICA (18,235) (37,617) 55,853 0
Unemployment Tax: Federal (650) (362) 0 (1,011)
Unemployment Tax: State (2,325) (15,298) 12,626 (4,997)
All Other Payroll W/H (264) (13,566) 13,566 (264)
State Taxes: Inc./Sales/Use/Excise (1,338) (669) 0 (2,007)
Property Taxes (65,000) (5,000) 0 (70,000)
Workers Compensation (65,850) (6,151) 79,154 7,153
--------- --------- --------- ---------
Total ($198,164) ($172,170) $299,207 ($71,127)
Wages and Salaries (239,169) (116,741) 76,431 (279,479)
--------- --------- --------- ---------
Grand Total ($437,333) ($288,911) $375,638 ($350,606)
========= ========= ========= =========
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 $ 437,610 $ 437,610 $ 0 $ 0
Accounts Receivable $2,358,895 $2,093,047 $61,585 $204,263
PERIOD ENDED: 09-30-05 TOOL PRODUCTS, INC. (MINNEAPOLIS) CASE #04-67610
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
8/31/2005 Withheld Deposits 9/30/2005
--------- --------- ---------- ---------
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 ($114,000) ($ 57,000) $ 0 ($171,000)
Property Taxes ($ 66,295) ($ 11,349) $ 0 ($ 77,644)
Workers Compensation ($ 39,420) ($ 8,000) $65,057 $ 17,637
--------- --------- ------- ---------
Total ($219,715) ($ 76,349) $65,057 ($231,007)
Wages and Salaries ($119,346) ($ 95,122) $ 0 ($214,468)
--------- --------- ------- ---------
Grand Total ($339,061) ($171,472) $65,057 ($445,475)
========= ========= ======= =========
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 $1,582,554 $1,582,554 $ 0 $ 0
Accounts Receivable $4,564,392 $2,967,470 $1,110,975 $485,947
INTERMET CORPORATION AND SUBSIDIARIES
CASH ACTIVITY ANALYSIS: MONTHLY CASH STATEMENT
MONTH ENDED 9/30/2005
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 1,652,805 -- --
TRANSFERS IN (CORPORATE) -- 765,659 388,911
DISBURSEMENTS -- (765,659) (388,911)
TRANSFERS OUT (CORPORATE) (1,652,805) -- --
---------- ---------- --------
ENDING BANK BALANCE -- -- --
MATERIALS & OTHER DISBURSEMENTS PAID FOR BY CORPORATE 957,324
CHECKS ISSUED 856,490
PAYROLL DISBURSED (INCLUDES PAYROLL PAID BY CORPORATE) 654,330
CORPORATE DEBIT MEMOS 5,076
----------
TOTAL DISBURSEMENTS (SEE TOTAL DISBURSEMENTS RECONCILIATION) $2,473,220
==========
OUTSTANDING CHECKS AS OF AUGUST 31 39,248
VOIDED CHECKS OUTSTANDING AS OF AUGUST 31 (2,415)
CHECKS ISSUED DURING SEPTEMBER 856,490
CHECKS CLEARED DURING SEPTEMBER (765,658)
----------
OUTSTANDING CHECKS AS OF SEPTEMBER 30 (SEE OUTSTANDING CHECKLIST) $ 127,664
==========
TOOL PRODUCTS, INC. (JACKSON) CASE NO. 04-67610
CASH DISBURSEMENTS
SEPTEMBER 2005
Vendor Total Disbursements
------ -------------------
A1 CHEMICAL PRODUCTS $ 565.21
AAA PLUMBING & ELECTRICAL 70.00
Ace Insurance 1,744.40
ADVANCED METAL PRODUCTS 180.67
AH ASSOCIATES 6,400.00
AIM POWER AND FLUIDS 183.60
AIR DRAULICS ENGINEERING CO 1,462.97
AIRGAS SOUTH 7,319.99
ALCAN PRIMARY PRODUCTS CORP. 386,931.60
ALCHEM ALUMINUM, INC. (IMCO) 275,052.21
ALLIANCE THERMOGRAPH 767.00
ALPHA RESOURCES INC 186.40
ALUAR 125,352.76
AVAYA 468.33
A-Z OFFICE RESOURCES, INC. 1,134.61
B & B FIRE PROTECTION 260.01
BELLSOUTH 1,192.32
BLUFF CITY ELECTRONICS 95.27
BOB FULGHAM 1,289.41
BUHLER INC 5,282.75
CANON FINANCIAL SERVICES, INC. 1,442.49
CHAPTER 13 TRUSTEE 6,066.37
CHEM STATION 604.15
CHEM TREND INCORPORATED 36,900.43
CLIFTON, KRISTIE 45.48
COLE PALLET COMPANY LLC 1,970.00
COMPRESSORS & TOOLS, INC. 242.50
CONTRA COSTA 475.00
CRANE SERVICE INC 2,472.00
CROSS MACHINE TOOL CO INC 15,971.00
D M E CORP 554.17
DANKA INDUSTRIES INC 24.69
DANNY MOSIER 228.90
DAVE CLARK 511.05
DELL MARKETING LP 924.15
DIECO TOOL & DIE 8,462.00
DIEMER ASSOCIATES INC 1,474.44
DIMETEK INTERNATIONAL INC 668.40
ENGINEERED PRODUCTS DIVIS 5,408.31
FERRELL GAS 3,854.20
FLOZONE SERVICES INC 1,961.00
FST LOGISTICS 719.57
FUGITT RUBBER AND SUPPLY CO 5,688.33
G & H INDUSTRIES 684.98
G W SMITH AND SONS INC 48.80
GARRETT PLUMBING & HEATING INC 159.00
GOODRICH TOOL & SUPPLY 1,271.61
GRAVES METAL PRODUCTS, INC. 161.88
GRIFFIN TOOL 1,950.00
H C I SUPPLY INC. 44,262.39
HAYWOOD COUNTY GENERAL SESSION 413.55
HI TEMP PRODUCTS INC 4,112.70
HILDRETH 4,499.59
HI-SPEED INDUSTRIAL SERVICE 479.35
I SQUARED R ELEMENT CO., INC. 1,251.00
ILLNOIS DEPT OF PUBLIC AID 20.00
INDEPENDENT COMPUTER SVC 371.79
INDUSTRIAL DISTRIBUTION GROUP 259.91
INDUSTRIAL LUBRICANTS, INC. 841.90
INDUSTRIAL PROCESS SERVICES 12,242.53
Information Handling 833.20
JACKSON COMMUNICATIONS 49.39
JACKSON ENERGY AUTHORITY 102,152.62
JACKSON, SHEILDS, YEISER, HOLT 1,669.30
JENNIFER CHERRY 48.68
JIT FORMS 1,369.42
JONES, GRADY W.-CO. OF MEMPHIS 13,853.99
KAREN LAIRD 94.63
TOOL PRODUCTS, INC. (JACKSON) CASE NO. 04-67610
CASH DISBURSEMENTS
SEPTEMBER 2005
Vendor Total Disbursements
------ -------------------
KENT RUDBECK 480.00
L & S PRECISION TOOL 1,206.18
L&H SUPPLY CO INC 4,959.84
LAEMPE & REICH 2,400.00
LIFT TRUCK SERVICE & RENTALS 646.76
LORMAN EDUCATION SERVICES 1,445.00
LOWE'S COMPANIES 2,062.92
M.C. GATLIN 417.87
Machine Tool & Supply (JKSN) 4,039.17
MACK PEST CONTROL 280.00
MADISON CITY GENERAL SESSIONS 368.55
MADISON COUNTY CIRCUIT COURT 406.63
MADISON FINISHING INC 38,731.76
MAIN STREET CONNECTIONS 498.27
MARTIN INDUSTRIAL SUPPLY 6,745.51
MB2 CONSULTING 3,900.00
MCMASTER CARR SUPPLY CO 1,769.65
Mercer 346.00
METAL PROCESSORS INC 26,680.00
MID STATES ELECTRIC COM INC 100.00
MTRONICS.COM INCORPORATED 160,413.82
MWP INDUSTRIAL SERVICE 4,243.00
NATIONAL XRAY 7,523.55
OFFICE DEPOT 233.21
PARAMOUNT UNIFORM RENTAL 1,871.55
PAT WALKER 75.00
PAT WALKER PETTY CASH 572.14
PAUL RECK 144.43
Payroll Issued (Includes Corp Disbursments 654,329.92
PENNSYLVANIA STATE CHILD SUPPORT 669.25
PERSONNEL MANAGEMENT INC 60,154.63
Points North 2,000.00
PRECISION MACH PRODUCTS 38,753.44
PRINCE MACHINE 12,956.16
PROGRESSIVE COMPONENTS 195.23
PRO-LONG TOOL LIFE, INC.(SOLV) 3,924.80
Provident Life 152.75
PYROTEK, INC. 45,749.74
QUEST DIAGNOSTICS 334.48
RAMON AYALA DELGADO 575.46
REGIONAL HOSPITAL OCC-MED 680.00
RIMROCK CORP 25,454.07
ROTO ROOTER SERVICES CO 1,131.90
S&M LAWRENCE 4,918.41
SCHWOEPPE MACHINE & TOOL INC 1,254.00
SCOTT BLEEKS 2,403.81
SHERRY CHURCH 106.96
SIDNEY DAVID FLORIST & GIFT 72.45
SMITH PRECISION MACHINING 3,400.00
SPAN AMERICA INC 3,385.55
SPECTRO ALLOYS CORP 104,190.06
SPECTRUM FINISHING 6,999.02
SPRINT 400.88
STRIKO DYNARAD CORPORATION 483.54
TECHNIFOR INC 430.00
TENCARVA MACHINERY CO. 265.00
TERRY MAYBERRY 2,835.00
TEST EQUIPMENT DISTRIBUTORS 521.31
THE ROYAL GROUP 4,583.20
THOMAS McKEOWN 1,552.94
TN CHILD SUPPORT RECT UNIT 8,312.00
TRANSMAN 64,930.32
TULL BROTHERS 811.00
UNITED SAW AND SUPPLY CO 6,799.70
VERIZON WIRELESS 766.66
VIBRO DYNAMICS 4,022.85
WEST TENNESSEE COFFEE SERVICE 1,528.36
WESTHOFF MACHINE CO. 163.99
WILSON TOOL AND DIE, INC. 20,750.00
ZYP COATINGS INC. 2,000.00
-------------
$2,473,220.00
TOOL PRODUCTS, INC.
CASE NO. 04-67610
AT OF 9/30/05
JACKSON - BANK RECONCILIATION
Bank Balance $ --
Actual Outstanding Checks 127,664.16
Misc Reconciling Items
Adjusted in October 0.32
-----------
127,664.48
Unadjusted GL Balance 127,664.48
-----------
Difference $ --
===========
JACKSON
OUTSTANDING CHECKS
CASE NO. 04-67610
DATE CHECK OUTSTANDING
- --------- ----- -----------
9/22/2005 24205 $ 3,200.00
9/22/2005 24206 863.89
9/22/2005 24211 425.11
9/22/2005 24212 1,217.74
9/22/2005 24213 47.94
9/22/2005 24214 1,970.00
9/22/2005 24215 95.00
9/22/2005 24217 24.69
9/22/2005 24218 668.40
9/22/2005 24220 1,398.55
9/22/2005 24223 369.52
9/22/2005 24225 6,017.38
9/22/2005 24226 1,950.00
9/22/2005 24229 5,638.21
9/22/2005 24230 82.71
9/22/2005 24231 442.00
9/22/2005 24233 4.00
9/22/2005 24234 371.79
9/22/2005 24235 841.90
9/22/2005 24236 259.91
9/22/2005 24237 45.19
9/22/2005 24238 480.00
9/22/2005 24241 254.80
9/22/2005 24243 19,164.24
9/22/2005 24245 74.31
9/22/2005 24246 73.71
9/22/2005 24247 54.72
9/22/2005 24250 7,099.54
9/22/2005 24251 133.85
9/22/2005 24253 10,437.95
9/22/2005 24257 8,430.80
9/22/2005 24258 195.23
9/22/2005 24260 2,891.12
9/22/2005 24261 1,821.85
9/22/2005 24263 493.45
9/29/2005 24264 79.14
9/29/2005 24265 1,185.00
9/29/2005 24266 425.20
9/29/2005 24267 95.00
9/29/2005 24268 82.71
9/29/2005 24269 4.00
9/29/2005 24270 74.31
9/29/2005 24271 73.71
9/29/2005 24272 43,430.82
9/29/2005 24273 133.85
9/29/2005 24274 49.99
9/29/2005 24275 2,835.00
9/29/2005 24276 1,655.93
$127,664.16
INTERMET CORPORATION AND SUBSIDIARIES
CASH ACTIVITY ANALYSIS: MONTHLY CASH STATEMENT
MONTH ENDED 9/30/2005
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 3,454,859 -- --
TRANSFERS IN (CORPORATE) -- 1,216,675 893,846
DISBURSEMENTS -- (1,216,611) (893,846)
TRANSFERS OUT (CORPORATE) (3,454,859) (64) --
---------- ---------- --------
ENDING BANK BALANCE -- 0 --
MATERIALS & OTHER DISBURSEMENTS PAID
FOR BY CORPORATE 657,966
CHECKS ISSUED 1,387,675
PAYROLL DISBURSED (INCLUDES PAYROLL
PAID BY CORPORATE) 1,019,073
CORPORATE DEBIT MEMOS 6,912
----------
TOTAL DISBURSEMENTS (SEE TOTAL
DISBURSEMENTS RECONCILIATION) $3,071,625
==========
OUTSTANDING CHECKS AS OF AUGUST 31 27,032
VOIDED CHECKS OUTSTANDING AS OF
AUGUST 31 --
CHECKS ISSUED DURING SEPTEMBER 1,387,675
CHECKS CLEARED DURING SEPTEMBER (1,126,462) Excludes $ 90,149 of Putnam ACH's.
----------
Outstanding Checks as of September 30
(See Outstanding Checklist) $ 288,244
==========
TOOL PRODUCTS, INC. (MINNEAPOLIS) CASE NO. 04-67610
CASH DISBURSEMENTS
SEPTEMBER 2005
TOTAL
VENDOR DISBURSEMENTS
------ -------------
A FINKL & SONS CO $ 52.48
A PLUS MACHINE LLC 5,814.26
ABRASIVE SPECIALISTS 3,565.85
ACCOUNTEMPS 2,069.26
ACE INSURANCE 2,558.03
ADAM RICKEY 2,025.75
ADAMS NUT & BOLT COMPANY 1,717.11
AIR AUTOMATION ENG 25.45
AIR ENGINEERING & SUPPLY 110.58
AIR POWER EQUIPMENT CORP 534.34
AIRPORT & AIRLINE TAXI-CAB 78.00
AIRTEC INC. 385.31
ALERT FIRE & SAFETY COMPANY 1,460.19
ALLIED WASTE SERVIES #899 658.46
AMERICAN COLLOID CO. 410.00
APPLIED PRODUCTS, INC. 746.64
ARROW CRYOGENICS 71,670.76
ASSOCIATED BAG COMPANY 349.99
AUTOMATION SENSORS INC 107.97
BARNES DISTRIBUTION 33.55
BCS INDUSTRIAL SOLUTIONS 1,432.68
BOHLER UDDEHOLM CORP. 36,422.97
BRAAS COMPANY 51.00
BRACH MACHINE INC 859.89
BUDGET PLUMBING CORPORATION 1,180.33
BUHLER INC 20,009.55
CAKE BOX 74.00
CARBON PRODUCT TECHNOLOGY 1,181.10
CASTOOL 6,048.75
CENTRAL CONTAINER CORP 56,163.58
CHECKER MACHINE, INC. 23,889.00
CHEM TREND LIMITED PARTNERSHIP 32,179.63
CITY OF NEW HOPE 6,392.16
CITY OF NEW HOPE 60.00
CLARKLIFT OF MINNESOTA 216.66
CMS-CONSOLIDATED MEDICAL SER 900.00
CMW 2,003.05
COMMERCIAL SAW 210.09
CONCEPT MACHINE TOOL 159.18
CONSOLIDATED CONTAINER COMPANY 276.00
CROWLEY & ASSOCIATES 3,447.38
CROWN MARKING INC 9.32
CYBER CNC MACHINERY SALES, INC 3,587.13
D M E CORP 232.01
DADANT & SONS, INC 179.44
DALCO ENTERPRISES, INC 62.52
DARLENE NIELSEN 16.50
DAVID HUNT 90.31
DECO TOOL SUPPLY COMPANY 6,517.78
DEEP ROCK WATER COMPANY 334.30
DEPARTMENT OF SOCIAL SERVICES 188.05
DIEMER ASSOCIATES INC 10,469.07
DOODY MECHANICAL SERVICE 2,358.05
DOUGHERTY'S LAWN SERVICE 839.06
DUNCAN COMPANY 1,981.99
DWAYNE VOSS 919.94
DY-KAST 560.58
DYNAMEX 678.15
ECO FINISHING 4,662.60
EDM SALES & SUPPLIES 764.70
ELVIN SAFETY SUPPLY INC 152.32
EMPLOYERS ASSC. 782.58
ENGINEERED FINISHING CORP. 3,572.12
ENGINEERED PRODUCTS DIVIS 46,386.15
ENTEGEE/ADVANCE POSSIS 2,969.34
EXAIR CORPORATION 642.40
EXCEL 406.98
FAMILY SUPPORT PAYMENT CENTER 252.70
TOOL PRODUCTS, INC. (MINNEAPOLIS) CASE NO. 04-67610
CASH DISBURSEMENTS
SEPTEMBER 2005
TOTAL
VENDOR DISBURSEMENTS
------ -------------
FASTENAL COMPANY 7,202.36
FERRELLGAS 706.03
FIREBRICK ENGINEERING 748.58
FLAME METALS PROCESSING 150.00
FOCUS DIE MOLD SOLUTIONS INC 390.00
FOUR SEASONS FLORAL & GIFTS 90.42
FRANCI AMES 110.21
FRED FROELICH 2,770.63
G.W. SMITH AND SONS INC 114.38
GARLANDS INC 274.86
GE CAPITAL FLEET SERVICES 651.20
GENERAL ELECTRIC CAPITAL 16,028.37
GERARD DUNNE 944.40
GLOBAL EXCHANGE SERVICES 123.03
GOODIN CO 796.81
HADLEY MACH TOOL REBUILD 526.20
HARTFIEL COMPANY 110.25
HAWKINS CHEMICAL INC 114.31
HIGH CALIBER SERVICES 10,051.88
HILDRETH 12,776.38
HILL INDUSTRIAL TOOLS 1,353.94
HOLIDAY CREDIT OFFICE 1,170.72
HOSE/CONVEYORS INCORPORATED 2,477.25
IKON FINANCIAL SERVICES 2,875.50
IKON OFFICE SOLUTIONS 674.00
IMPREX, INC. 1,411.20
IMPRINT ENTERPRISES 759.70
INDUSTRIAL FLOOR MAINT 3,088.80
INDUSTRIAL HYDRAULIC SERVICE 3,322.60
INFORMATION HANDLING 833.20
INTEGRA TELECOM 2,976.45
INTERNATIONAL SURFACE PREPARAT 286.69
INTERNET INC. 314.18
J & W INSTRUMENTS, INC. 1,362.00
JAMES TROUT MACHINE 7,695.00
JANET OMERNIK 54.48
JEFF BRANDT 1,176.65
JEFF JOHNSON 5,313.95
JESCO INDUSTRIAL SUPPLIES 735.09
JOHN HENRY FOSTER CO 340.33
KANO LABORATORIES 34.43
KENNAMETAL 964.34
KEVIN KIRKHAM 384.15
KILLMER ELEC CO INC 30,523.42
KODIAK CONTROLS 502.79
KODIAK ENGINEERING,INC 2,460.30
L & S ELECTRIC INC 478.19
LAKEVIEW POLISHING 2,298.03
LARRY SCHWEBACH 262.70
LBP MECHANICAL INC 29,132.64
LEEF BROS INC 9,587.09
LEHIGH SAFETY SHOE CO 98.75
LISA NICHOLSON 21.78
LOFTEN LABEL, INC 1,161.57
LUBE TECH 7,189.02
M & M HYDRAULIC COMPANY 18.44
MACHINE ACCESSORIES CORP. 159.62
MACHINE TOOL SUPPLY INC 1,415.80
MAGNA-TECH 3,348.24
MANPOWER 5,431.13
MARODI INC 124.07
MARS WP & RS 62.85
MARSHALL NELSON & ASSOC 164.54
MATT HANKEN 2,755.77
MAZAK CORPORATION 30.63
MCMASTER CARR SUPPLY CO 3,393.52
MERCER 453.00
METAL TREATERS INC 7,602.25
METROCALL 26.26
TOOL PRODUCTS, INC. (MINNEAPOLIS) CASE NO. 04-67610
CASH DISBURSEMENTS
SEPTEMBER 2005
TOTAL
VENDOR DISBURSEMENTS
------ -------------
MICRO-WELD 373.00
MID STATE FABRICATING INC 188.88
MIDWEST MACHINE TOOL 110.03
MIDWEST SPINDLE GRINDING 900.00
MINDAK DISTRIBUTING 214.59
MINN CHILD SUPPORT PAYMENT CTR 12,808.36
MINNESOTA BEARING COMPANY 93.67
MINNESOTA DEPT OF LABOR/IND 80.00
MINNESOTA DEPT OF REVENUE 1,308.18
MINNESOTA GLOVE INC 108.47
NEW DIMENSION PLATING 12,931.00
NEWARK ELECTRONICS 69.59
NORANDA ALUMINUM 0.01
NORANDA ALUMINUM 0.01
NORMAN EQUIPMENT COMPANY 76.76
NORTH SECOND STREET STEEL 1,924.43
NORTHERN SANITARY SUPPLY 48.52
NOTT CO. 193.64
NS/I MECHANICAL CONTRACTING CO 6,400.00
OCCUPATIONAL MEDICINE 382.50
OLSEN CHAIN & CABLE 385.24
OSI ENVIRONMENTAL 5,860.40
OTHER 2 140.15
P F C EQUIPMENT 613.37
PAM'S POLISHING 13,540.00
PANERA BREAD 65.32
PARAGON TECHNOLOGIES 3,421.64
PAUL KARNOWSKI 27.44
PAYROLL ISSUED (INCLUDES CORP DISBURSMENTS 1,019,073.07
PERSONNEL RESEARCH SERVICES 820.00
PINNACLE ENGINEERING 570.00
PIONEER METAL FINISHING 12,681.80
POINTS NORTH 3,000.00
PRECISION POLISHING 1,716.00
PRECISION TOOL CO. 1,822.89
PRO STAFF 4,440.87
PRODUCT ACTION INT. 1,573.25
PRODUCTIVITY INC 1,299.75
PROGRESSIVE COMPONENTS 1,281.19
PROLIFT SERVICES (USE V-1275) 9,659.70
PROVIDENT LIFE 67.47
PYROTEK 684.60
QUAD STEEL 1,697.50
QUEST ENGINEERING INC 1,618.17
QUICKWAY RIGGING AND 18,576.38
RAY DAY 1,747.58
REID TOOL SUPPLY 56.58
RELIASTAR BANKERS 1,339.32
RELIASTAR LIFE INSURANCE CO. 5,595.86
RELIZON 94.38
REPLENEX (A-1 CUTTING TOOLS) 1,890.45
RICE INDUSTRIES 7,149.71
RICK KRAMBER 128.26
RIMROCK CORP 20,008.03
RIVER CITY PACKAGING 1,888.80
ROBERTS AUTOMATIC PROD INC 3,021.00
RYER FOOD 876.75
S & T OFFICE PRODUCTS INC 3,271.80
SAM'S CLUB 1,046.05
SAVOIE SUPPLY CO. INC. 2,265.20
SBC PAGING 41.36
SCOTT A HARDEN 753.39
SETON IDENTIFICATION PRODUCTS 54.49
SHAD NELSON 762.39
SHIPPERS SUPPLY INC. 261.10
SKARNES INC 522.28
SOUTHCO, INC 8,480.00
SPECTRO ALLOYS CORP 505,329.61
SPECTRUM INDUSTRIES 53,123.01
TOOL PRODUCTS, INC. (MINNEAPOLIS) CASE NO. 04-67610
CASH DISBURSEMENTS
SEPTEMBER 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
SPHERION 241,990.15
SPIRIT TOOL & DIE 850.00
SPRAY RITE INC 71,273.54
ST. PAUL ENGRAVING 265.99
STATE MACHINE TOOL 4,725.00
STEVE COREY 374.25
STORK-TWIN CITY TESTING CORP 1,938.60
SUB-MEX 76,271.70
T C CLIPPER COMPANY 24.00
T. BRYCE & ASSOCIATES, INC. 383.75
TEMPLE-INLAND 18,246.66
TERRI KARNOWSKI 562.50
TEXTRON FASTENING SYSTEMS 5,918.90
THE BRADLEY GROUP 693.00
TILSNER CARTON CO. 10,761.15
TOLL COMPANY 1,545.86
TOOL FABRICATION CORP 231.56
TOOLING ASSOCIATES 572.59
TOOLING SCIENCE/C&D TOOL INC. 920.00
TOSHIBA MACHINE COMPANY 11,257.61
TOTAL COMPLIANCE SOLUTIONS INC 66.00
TOTAL EXPORT INC 124.00
TOYOTA-LIFT OF MINNESOTA 126.68
TRANS-MAN LOGISTICS, INC. 50,119.05
TROUT ENTERPRISES, INC. 575.00
TULL BEARINGS CO 646.07
TWIN CITY GARAGE DOOR 344.16
TWIN PINES METROLOGY LTD. 401.25
ULINE SHIPPING SUPPLIES 654.07
UNITED ELECTRIC CORP 4,004.72
UNITED PARCEL SERVICE 30.00
UNITED STATES TREASURY 375.00
UNITED STATES TREASURY 250.00
UNUM LIFE INS. CO. OF AMERICA 9,078.64
UNUM LIFE INS. CO. OF AMERICA 1,214.76
VERIZON WIRELESS 287.84
VIRCHOW, KRAUSE & COMPANY 9,000.00
W W GRAINGER INC 653.34
W.W. GRAINGER PARTS OPERATIONS 43.02
WESTMAN SERVICE 160.00
WEYERHAEUSER 40.00
WILSON TOOL INTERNATIONAL 585.60
WIRE WORX 1,780.00
WISCONSIN SCTF 252.50
XCEL ENERGY 167,916.82
XTREME MACHINE, INC. 31,400.00
-------------
$3,071,624.99
TOOL PRODUCTS, INC.
CASE NO. 04-67610
AT OF 9/30/05
MINNEAPOLIS - BANK RECONCILIATION
Bank Balance $ --
Actual Outstanding Checks 288,244.36
Misc. Reconciling Items Adjusted in October. (9,530.20)
-----------
278,714.16
Unadjusted GL Balance 278,714.16
-----------
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
8/11/05 502304 490.97
8/22/05 502440 237.85
8/25/05 502462 37.61
9/2/05 502565 87.78
9/9/05 502730 197.60
9/9/05 502735 560.58
9/9/05 502736 552.07
9/9/05 502738 19.76
9/9/05 502746 1,200.00
9/9/05 502748 3,600.00
9/9/05 502749 2,003.90
9/9/05 502753 4,500.00
9/15/05 502800 415.96
9/15/05 502816 164.54
9/15/05 502819 135.00
9/15/05 502832 439.91
9/23/05 502859 794.19
9/23/05 502862 987.39
9/23/05 502873 1,180.33
9/23/05 502878 60.00
9/23/05 502879 210.09
9/23/05 502887 3,212.40
9/23/05 502897 141.33
9/23/05 502902 90.31
9/23/05 502905 1,441.16
9/23/05 502910 66.32
9/23/05 502911 841.80
9/23/05 502920 90.00
9/23/05 502921 78.75
9/23/05 502923 470.01
9/23/05 502930 502.89
9/23/05 502945 231.56
9/23/05 502949 75.00
9/23/05 502950 50.00
9/23/05 502951 287.84
9/23/05 502952 577.95
9/26/05 502955 179.44
9/26/05 502956 150.00
9/26/05 502958 286.69
9/26/05 502959 55.25
9/26/05 502960 193.64
9/26/05 502961 154.80
9/29/05 502962 478.69
9/29/05 502963 363.19
9/29/05 502964 78.27
9/29/05 502965 374.09
9/29/05 502966 184.80
9/29/05 502967 192.00
9/29/05 502968 870.00
9/29/05 502969 13,458.14
9/29/05 502970 17,652.63
9/29/05 502971 216.66
9/29/05 502972 150.00
9/29/05 502973 374.25
9/29/05 502974 3,587.13
9/29/05 502975 167.15
9/29/05 502976 37.61
9/29/05 502977 300.66
9/29/05 502978 258.80
9/29/05 502979 137.45
9/29/05 502980 1,450.20
9/29/05 502981 152.32
9/29/05 502982 782.58
9/29/05 502983 351.13
9/29/05 502984 308.20
9/29/05 502985 50.54
9/29/05 502986 79.04
9/29/05 502987 204.38
9/29/05 502988 273.73
9/29/05 502989 796.81
9/29/05 502990 186.87
9/29/05 502991 1,018.39
9/29/05 502992 1,845.00
9/29/05 502993 1,383.58
9/29/05 502994 352.80
9/29/05 502995 292.88
9/29/05 502996 3,088.80
9/29/05 502997 8,974.93
9/29/05 502998 252.55
9/29/05 502999 34.43
9/29/05 503000 22,839.89
9/29/05 503001 631.80
9/29/05 503002 18,106.05
9/29/05 503003 1,741.43
9/29/05 503004 98.75
9/29/05 503005 2,722.70
9/29/05 503006 380.97
9/29/05 503007 363.34
9/29/05 503008 182.22
9/29/05 503009 31.28
9/29/05 503010 2,711.46
9/29/05 503011 464.86
9/29/05 503012 465.00
9/29/05 503013 3,261.56
9/29/05 503014 127.50
9/29/05 503015 3,549.00
9/29/05 503016 2,760.00
9/29/05 503017 4,383.50
9/29/05 503018 1,193.44
9/29/05 503019 84.72
9/29/05 503020 73.19
9/29/05 503021 13,879.81
9/29/05 503022 5,595.86
9/29/05 503023 1,339.32
9/29/05 503024 5,671.81
9/29/05 503025 3,021.00
9/29/05 503026 433.12
9/29/05 503027 1,046.05
9/29/05 503028 20.64
9/29/05 503029 16,787.70
9/29/05 503030 39,305.28
9/29/05 503031 562.50
9/29/05 503032 1,848.75
9/29/05 503033 33.00
9/29/05 503034 575.00
9/29/05 503035 131.58
9/29/05 503036 344.16
9/29/05 503037 25,978.86
9/29/05 503038 1,224.73
9/29/05 503039 75.00
9/29/05 503040 50.00
9/29/05 503041 9,078.64
9/29/05 503042 1,214.76
9/29/05 503043 4,500.00
9/29/05 503044 30.75
9/29/05 503045 50.50
$288,244.36
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: SEPTEMBER 30, 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: OCTOBER 20, 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 SEPTEMBER 30, 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.
/s/ Robert E. Belts
Dated: OCTOBER 20, 2005 ----------------------------------------
Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- --------------
Title Phone
Intermet Corp. and Subsidiaries
Operating Statement
For the Month Ended 9-30-05
($000's)
CASE #04-67614
WAGNER
CASTINGS
-----------------------------------
Current Month Total Since Filing
------------- -------------------
Net Sales 4,654 60,760
Cost of Goods Sold
Materials and Freight 2,085 12,439
Wages - Hourly 624 8,526
Wages-Salary 248 3,994
Employee Benefits and Pension 632 13,259
Repairs & Maintenance 29 2,416
Supplies 221 3,307
Utilities 222 4,389
Purchased Components/Services 717 9,165
Income(loss) from Pattern Sales (35) (126)
Fixed Asset - (gain/loss) -- --
MIS Expense 14 505
Travel & Entertainment 3 34
Other Variable Costs (75) 747
Depreciation & Amortization 178 2,548
Other Allocated Fixed Costs -- (5)
Other Fixed Costs 188 1,874
------ -------
Cost of Goods Sold 5,051 63,072
Gross Profit (397) (2,312)
Plant SG&A Expense 15 195
SG&A Expense - Allocation (Sched 1) 191 2,250
Other Operating Expenses 1,234 8,115
------ -------
Total Operating Expenses 1,440 10,560
Operating Profit (1,837) (12,872)
Outside Interest Income -- --
Outside Interest (Expense) -- --
Intercompany Interest Income -- --
Intercompany Interest (Expense) (133) (1,219)
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 (133) (1,138)
Income Before Income Taxes (1,970) (14,010)
Income Tax Expense -- --
------ -------
Net Income (1,970) (14,010)
====== =======
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs September
(Allocation of Corporate Costs to Filing Entities)
(000's)
September
---------
Officer Compensation $ 189
Salary Expense other Employees 949
Employee Benefits and Pension (166)
Payroll Taxes 49
Other Taxes (1)
Rent and Lease Expense 203
Interest Expense
Insurance 54
Automobile and Truck Expense 11
Utilities(Gas Electric,Phone) 51
Depreciation 87
Travel and Entertainment 155
Repairs and Maintenance 40
Advertising/Promotion 0
Supplies, Office Expense 33
OTHER:
Contributions 0
Professional Fees - Audit/Tax 350
Bank Fees 0
Public Reporting Fees (100)
Employee Relocation/Training 5
Data Processing 25
Dues and Subscriptions 12
Outside Services 245
Project Development Costs net of Billings 19
Director Fees 25
Miscellaneous 1
Legal Fees 26
Cost Allocation - Europe (78)
Cost Allocation - Out (204)
------
$1,979
======
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 327
------
Total $1,979
======
Intermet Corp. and Subsidiaries Case #04-67614
Balance Sheet as of 09-30-05
($0007's)
Wagner
Castings
--------------
Cash And Equivalents $ (8)
Accounts Receivable 7,599
Short-Term Intercompany Receivables --
Inventories 5,946
Other Current Assets 268
--------
TOTAL CURRENT ASSETS 13,805
Land and Buildings 2,412
Machinery & Equipment 57,427
Construction In Progress 782
--------
Total Fixed Assets 60,621
Accumulated Depreciation (53,371)
--------
NET FIXED ASSETS 7,250
Investment In Subsidiaries --
Investment In European Operations --
Long-Term Intercompany Receivables --
Deferred Taxes, Long-Term Asset --
Other Assets 121
--------
TOTAL ASSETS $ 21,176
========
$227,454
LIABILITIES AND SHAREHOLDER EQUITY
POST PETITION LIABILITIES
Accounts Payable $ 1,141
Wages and Salaries (See schedule) 2,639
Taxes Payable - (See schedule) 546
--------
TOTAL POST PETITION LIABILITIES 4,326
SECURED LIABILITIES:
SECURED DEBT --
PRE-PETITION LIABILITIES:
Taxes and Other Priority Liabilities:
Accrued Income Taxes --
Accrued Tax - State --
Accrued Property Taxes --
Accrued Workers Comp 1,161
Accrued Payroll 14
Accrued Payroll Taxes --
--------
TOTAL TAXES AND OTHER PRIORITY LIABILITIES 1,175
UNSECURED LIABILITIES
Accounts Payable 6,291
Senior & IDR Bonds --
--------
TOTAL UNSECURED LIABILITIES 6,291
OTHER LIABILITIES
Accrued Liabilities 686
Short-Term Intercompany Payables 248
Retirement Benefits 1,038
Deferred Taxes - Long-Term Liability --
Other Long-Term Liabilities --
Long-Term Intercompany Payables 4,677
Minority Interest --
--------
TOTAL LIABILITIES 18,441
Common Stock --
Capital In Excess Of Par Value 17,027
Retained Earnings - Prepetition (282)
Retained Earnings - Post Petition (14,010)
Equity In European Operations
Accumulated Translation Adjustment --
Minimum Pension Liability Adjustment --
Unearned Restricted Stock --
--------
TOTAL SHAREHOLDER EQUITY 2,735
--------
TOTAL LIABILITIES AND EQUITY $ 21,176
========
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
08-31-05 Withheld Deposits 09-30-05
----------- ----------- ---------- -----------
Income tax withheld: Federal ($135,078) ($257,151) $ 125,717 ($266,511)
Income tax withheld: State 0 (48,423) 36,745 (11,678)
Income tax withheld: Local 0 0 0 0
FICA Withheld (1,142) (206,639) 194,863 (12,917)
Employers FICA (14,004) 0 0 (14,004)
Unemployment Tax: Federal (18) (118) 135 (1)
Unemployment Tax: State (280) (3,153) 3,266 (167)
All Other Payroll W/H (8,411) (90,268) 82,043 (16,636)
State Taxes: Inc./Sales/Use/Excise (0) 507 0 507
Property Taxes (55,934) (6,000) 341 (61,593)
Workers Compensation (72,519) (94,886) 4,203 (163,202)
----------- ----------- ---------- -----------
Total ($287,386) ($706,130) $ 447,313 ($546,203)
Wages and Salaries (2,116,294) (1,372,489) 850,083 (2,638,701)
----------- ----------- ---------- -----------
Grand Total ($2,403,680) ($2,078,619) $1,297,396 ($3,184,904)
=========== =========== ========== ===========
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 $1,140,964 $1,140,964 $ 0 $ 0
Accounts Receivable $9,133,216 $6,375,794 $322,333 $2,435,090
INTERMET CORPORATION AND SUBSIDIARIES
CASH ACTIVITY ANALYSIS: MONTHLY CASH STATEMENT
MONTH ENDED 9/30/2005
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 4,317,843 -- -- --
TRANSFERS IN (CORPORATE) -- 1,724,370 212,400 8,882
DISBURSEMENTS -- (1,724,370) (212,400) (8,882)
TRANSFERS OUT (CORPORATE) (4,317,843) -- -- --
---------- ----------- -------- ------
ENDING BANK BALANCE -- -- -- --
MATERIALS & OTHER DISBURSEMENTS PAID FOR
BY CORPORATE 409,578
CHECKS ISSUED 1,596,801
PAYROLL DISBURSED (INCLUDES PAYROLL PAID
BY CORPORATE) 1,584,552
CORPORATE DEBIT MEMOS 61,372
-----------
TOTAL DISBURSEMENTS (SEE TOTAL
DISBURSEMENTS RECONCILIATION) $ 3,652,302
===========
OUTSTANDING CHECKS AS OF AUGUST 31 297,685
VOIDED CHECKS OUTSTANDING AS OF AUGUST 31 (15,671)
CHECKS ISSUED DURING SEPTEMBER 1,596,801
CHECKS CLEARED DURING SEPTEMBER (1,724,370)
-----------
OUTSTANDING CHECKS AS OF SEPTEMBER 30
(SEE OUTSTANDING CHECKLIST) $ 154,445
===========
WAGNER CASTINGS, INC. CASE NO. 04-67614
CASH DISBURSEMENTS
SEPTEMBER 2005
TOTAL
VENDOR DISBURSEMENTS
------ -------------
ABB INC $ 645.24
ACCOUNTEMPS 8,144.52
ADA JACKSON 440.00
ADECCO 4,428.00
ADVANCED CARBIDE TOOL 438.30
AETNA US HEALTHCARE 17,757.21
AIR LIQUIED INDUSTRIAL US LP 5,745.56
ALLAN SCROGGINS 150.00
AMERENIP 260,911.36
AMERICASH LOANS LLC 297.43
ARAMARK UNIFORM SERVICES INC 1,691.94
ARCH WIRELESS 864.80
ARCHIE JOHNSON 440.00
AT&T 1,357.65
AT&T 52.35
BALTIMORE AIRCOIL CO INC 51.00
BARR & BARR 273.83
BEARING DISTRIBUTORS INC 1,772.17
BENTONITE PERFORMANCE MINERALS 64,875.00
BERNARD JACKSON 1,564.77
BETTY HAMILTON 440.00
BILLY SHINGLETON AND 4,909.87
BLACK & CO #11 4,342.27
BLASTEC INC 298.94
BODINE ELECTRIC OF DECATUR 138.00
BODINE ENVIRONMENTAL SERVICE 5,107.50
BODINE SERVICES INC 3,167.12
BOULEVARD PROPERTIES LLC 856.25
BOWMAN HEINTZ BOSCIA & VICIAN 167.48
BRAKE AND CLUTCH 51.00
BROWN HAWKINS BASOLA MATTING 355.33
Bruechert, Paul 63.75
BUEL COLE 440.00
BUSCHE ENTERPRISE DIVN INC 254,626.21
C C FIRE EQUIPMENT CO INC 1,037.70
CARCO INC 320.00
CHAMPION CHISEL WORKS INC 2,112.72
CHARLES BEDFORD OD/DEC EYECARE 86.55
CHARLES GRAVES 4,000.00
CHRIS INCORPORATED 1,357.00
CITY OF DECATUR 17,662.67
CLEVE HUFF JR 97.19
CONTINENTAL CARBONIC PROD INC 486.95
CONVEYOR COMPONENTS 294.00
CONWAY CENTRAL EXPRESS 477.48
CORN BELT FS INC 17.04
CRESCENT BEARING & SUPPLY INC 162.24
D WAYNE COLLINS 140.00
DALE'S SOUTHLAKE PHARMACY 121.11
DAMON LEE 440.00
DAUBER COMPANY 6,576.00
DAVID RIGHTNOWAR 440.00
DE LAGE LANDEN FIN SERVICES 1,965.00
DECATUR EMERG MEDICAL SERV 196.00
DECATUR MDICAL DENTAL CR UNION 376.49
DECATUR MEMORIAL HOSPITAL 415.83
Dell 1,456.55
Deltamation 13,615.00
DHL EXPRESS 41.06
DISA INDUSTRIES INC 384.00
DONNELLY AUTOMOTIVE MACH INC 2,327.04
ELECTRO-NITE CO 4,643.44
ENBRIDGE GAS SERVICES 42,889.12
ENGLEWOOD ELECTRIC 78.00
FAIRMONT MINERALS 3,062.00
FAMILY SUPPORT PAYMENT CENTER 297.08
FANNIE DAVIS 338.74
FIVE MORRS 299.50
WAGNER CASTINGS, INC. CASE NO. 04-67614
CASH DISBURSEMENTS
SEPTEMBER 2005
TOTAL
VENDOR DISBURSEMENTS
------ -------------
FLO PRODUCTS INC 90.60
FRANK REED 440.00
FRANK REED AND 1,500.00
FRISBY PMC 165,226.50
G G BARNETT TRANSPORT INC 2,872.22
GARY HIRONIMUS 97.19
GE CAPITAL 642.02
GERDAU AMERISTEEL 4,272.00
GLENN ZILLS 640.00
GLOVER COURT REPORTING 204.90
GRAINGER INC 322.35
GULLY TRANSPORTATION 6,451.30
HA INTERNATIONAL LLC 25,356.32
HAGERTY BROTHERS CO 592.37
HARBOR FREIGHT TOOLS 117.93
HARRY BOND 440.00
HARRY E HILLS & ASSOC 3,899.80
HTE TECH 79.44
ILL STUDENT ASSISTANCE COMM 200.00
ILLINOIS CHARITY BUREAU FUND 115.00
ILLINOIS DEPT OF REVENUE 214.00
ILLINOIS ENVIRONMENTAL 6,406.00
INNOVATIVE LABELING SOLUTIONS 495.00
INTERNAL REVENUE SERVICE 392.50
IVORY CURRY 440.00
J C JELKS 440.00
J.D. FINLEY 440.00
JAMES GAVIN 440.00
JAMES GREEN 440.00
JAMES JONES 669.16
JAMES REED 440.00
JEFF COCHRAN 403.33
JERRY SHERWOOD 440.00
JMS HAND ASSOCIATES S.C. 1,296.59
JOHN H GERMERAAD - TRUSTEE 2,824.64
JOHN HENRY FOSTER CO 610.37
JOHN ISOME AND 37,557.52
JOHN MULLINS AND 3,169.23
KANSAS PAYMENT CENTER 276.92
KELLY CONSTRUCTION 509.68
KENNETH E PRATT AND 10,000.00
KENT RUDBECK 300.00
KING-LAR CO 993.00
KOPETZ MFG INC 3,082.00
L & N INDUSTRIES INC 2,012.54
LAKE OF DECATUR INC 27.96
LAND OF LINCOLN CREDIT UNION 47,352.52
LARPEN METALLURGICAL SERVICE 39,900.00
LARRY BONNELL 440.00
LARRY HAYES 440.00
LARRY TURPIN AND 5,000.00
LEADING EDGE ENTERPRISES INC 543.80
LEVOY REED 440.00
LINDAHL GROSS LIEVOIS 3,847.69
LOCAL #6-728 PACE 5,897.20
LOUIS THOMAS 440.00
LYNN ZASADA 440.00
M H EQUIPMENT 238.20
M H EQUIPMENT CORP 1,883.12
MANCINOS 74.44
MARSHALL F BRUSTEIN 75.00
MARTIN BRUMETT 4,962.43
MARVIN BRANDT 440.00
MARVIN KELLER TRUCKING 400.00
Mercer 29,426.00
Mercer 16,758.00
METOKOTE CORP 8,735.06
MICRO TEK PATTERN INC 6,925.00
MIDWEST CREDIT & COLLECTION 166.17
WAGNER CASTINGS, INC. CASE NO. 04-67614
CASH DISBURSEMENTS
SEPTEMBER 2005
TOTAL
VENDOR DISBURSEMENTS
------ -------------
MORGAN DISTRIBUTING INC 6,401.81
MORGAN EXPRESS INC 51,002.06
MOTION INDUSTRIES INC 1,123.54
NATIONAL CITY 139.50
NATIONAL CITY BANK 15,397.83
NEAL TIRE & BATTERY 267.60
NIRMAL DATTA 1,837.03
NORFOLK SOUTHERN RAILWAY CO 880.00
OMNISOURCE FT WAYNE FERR DIV 155,883.84
ONYX WASTE SERVICES MIDWEST 53,367.23
Payroll Issued (Includes Corp Disbursments 1,584,551.69
PERFECT WINDOW CLEANERS 2,108.05
PHILLIP DANNEWITZ 440.00
PIONEER INDUSTRIAL CORP 177.76
POWER SUPPLY OF ILLINOIS 954.24
PRAIRIE IDEALEASE 1,449.00
PRIMETRADE 109,860.01
PROCESS EQUIPMENT & CONTROLS 648.24
PRODUCT ACTION 13,547.50
RADIOLOGICAL ASN OF DECATUR 248.00
REFRACTORY SALES & SRV CO INC 1,100.00
REGIONS MORGAN KEEGAN TRUST 5,300.00
RENEE HADDEN 200.00
RENTAL SERVICE CORP 1,366.80
RICHARD COLE 440.00
RICK WALLACE 377.48
ROBERTS SINTO CORP 2,146.70
ROGER L ECHELMEIER CO (51.00)
ROLAND MABRY 440.00
S J SMITH WELDING SUPPLY 3,399.57
SAFETY-KLEEN CORP 396.00
SAFEWORKS 1,604.57
SAFEWORKS-IL OF COLES COUNTY 1,863.10
SBC 1,569.60
SBC GLOBAL SERVICES INC 1,998.20
SCOTT SALOMONSON 41.24
SECURITAS SEC SVCS USA INC 8,254.26
SHERRI GRIMES 2,197.50
SLIGO STEEL 43.35
SOPH TECH 163.00
SOURCE ONE SUPPLY CORP 342.71
SPRINGFIELD ELECTRIC 1,349.70
ST MARY'S HOSPITAL 831.60
STAHL COWEN CROWLEY 125,335.80
STATE TREASURER EX-OFFICIO 391.28
STONE CONTAINER CORP 65,257.80
STRIGLOS OFFICE EQUIPMENT 138.24
STUART BAKER MD 71.25
T/CCI MANUFACTURING LLC 90,615.42
TAX COMMISSIONER 340.96
TENNECO AUTOMOTIVE 12,455.98
THOMAS H BOWDRE 440.00
TORUS MACHINING 13,778.44
TRACY CAUSEY 71.57
TRANSMAN 24,372.61
TYCO VALVES AND CONTROLS (648.24)
TYDUS GREEN 440.00
U S DEPARTMENT OF EDUCATION 330.58
U S HARDWOOD PRODUCTS 13,764.96
UNITED WAY OF DEC & MID-IL 1,088.50
VERIZON WIRELESS 361.26
WABEL TOOL CO 35,298.00
WALGREENS TREASURE DEPARTMENT 70.37
WALZ EQUIPMENT 2,085.35
WARD NORTH AMERICA INC 4,406.00
WATTS COPY SYSTEMS INC 1,019.30
WHEELABRATOR 698.40
WI SCTF 384.00
WILKENS-ANDERSON CO 37.90
WAGNER CASTINGS, INC. CASE NO. 04-67614
CASH DISBURSEMENTS
SEPTEMBER 2005
TOTAL
VENDOR DISBURSEMENTS
------ -------------
WILLIAM A KIBBE & ASSOC INC 2,610.00
WILLIAM WALKER 440.00
WINGATE INN 739.20
WORKING RX 39.35
X-R-I TESTING DIV 2,425.25
-------------
$3,652,302.20
DECATUR
CASE # 04-67614
AT OF 9/30/05
DECATUR - BANK RECONCILIATION
Bank Balance $ --
Actual Outstanding Checks 154,445.36
Actual Outstanding Payroll Checks 162,517.69
Misc Reconciling Items
Adjusted in October. (1,000.00)
-----------
315,963.05
Unadjusted GL Balance 315,963.05
-----------
Difference $ --
===========
DECATUR
OUTSTANDING CHECKS
CASE # 04-67614
DATE CHECK OUTSTANDING
- ------- ------ -----------
8/24/05 122909 $ 100.00
9/7/05 123109 1,598.40
9/7/05 123154 5,000.00
9/7/05 123156 5,897.20
9/14/05 123256 1,148.34
9/14/05 123267 426.79
9/16/05 123320 204.90
9/16/05 123325 795.16
9/21/05 123392 426.79
9/27/05 123420 320.32
9/27/05 123424 345.40
9/27/05 123425 607.00
9/27/05 123426 17,662.67
9/27/05 123428 70.00
9/27/05 123429 6,576.00
9/27/05 123430 41.06
9/27/05 123433 299.50
9/27/05 123434 1,318.20
9/27/05 123435 76.00
9/27/05 123436 1,219.20
9/27/05 123438 426.79
9/27/05 123439 3,082.00
9/27/05 123442 74.44
9/27/05 123443 235.95
9/27/05 123444 33.99
9/27/05 123445 520.00
9/27/05 123447 954.24
9/27/05 123449 114.57
9/27/05 123450 356.20
9/27/05 123452 12,949.47
9/27/05 123455 5,027.88
9/27/05 123457 136.50
9/27/05 123458 255.89
9/27/05 123462 54,822.45
9/28/05 123476 73.27
9/28/05 123478 15,769.53
9/28/05 123479 438.30
9/28/05 123480 69.23
9/28/05 123482 962.64
9/28/05 123483 3,089.21
9/28/05 123485 5,249.53
9/28/05 123486 340.96
9/28/05 123487 20.80
9/28/05 123488 95.00
9/28/05 123489 37.90
9/21/05 129013 570.08
9/29/05 129018 319.14
9/30/05 129019 1,332.00
9/30/05 129020 2,751.21
9/30/05 129021 203.26
-----------
$154,445.36
===========
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: SEPTEMBER 30, 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: OCTOBER 20, 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 SEPTEMBER 30, 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: OCTOBER 20, 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 9-30-05
($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 39 574
Repairs & Maintenance -- --
Supplies -- 50
Utilities 12 75
Purchased Components/Services -- (1)
Income(loss) from Pattern Sales -- --
Fixed Asset - (gain/loss) -- --
MIS Expense -- 1
Travel & Entertainment -- --
Other Variable Costs -- 85
Depreciation & Amortization -- --
Other Allocated Fixed Costs -- --
Other Fixed Costs 18 240
--- ------
Cost of Goods Sold 69 1,024
Gross Profit (69) (1,024)
Plant SG&A Expense -- --
SG&A Expense - Allocation (Sched 1) -- --
Other Operating Expenses -- 4,895
--- ------
Total Operating Expenses -- 4,895
Operating Profit (69) (5,919)
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
Outside Dividend Income -- --
Foreign Exchange Gain/(Loss) -- --
Income/Loss From European Operations -- --
Other Income/(Expense) -- 232
--- ------
Total Non-Operating Expenses -- 415
Income Before Income Taxes (69) (5,504)
Income Tax Expense -- --
--- ------
Net Income (69) (5,504)
=== ======
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs September
(Allocation of Corporate Costs to Filing Entities)
(000's)
September
---------
Officer Compensation $ 189
Salary Expense other Employees 949
Employee Benefits and Pension (166)
Payroll Taxes 49
Other Taxes (1)
Rent and Lease Expense 203
Interest Expense
Insurance 54
Automobile and Truck Expense 11
Utilities(Gas Electric,Phone) 51
Depreciation 87
Travel and Entertainment 155
Repairs and Maintenance 40
Advertising/Promotion 0
Supplies, Office Expense 33
OTHER:
Contributions 0
Professional Fees - Audit/Tax 350
Bank Fees 0
Public Reporting Fees (100)
Employee Relocation/Training 5
Data Processing 25
Dues and Subscriptions 12
Outside Services 245
Project Development Costs net of Billings 19
Director Fees 25
Miscellaneous 1
Legal Fees 26
Cost Allocation - Europe (78)
Cost Allocation - Out (204)
------
$1,979
======
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 327
------
Total $1,979
======
Internet Corp. and Subsidiaries CASE #04-67611
Balance Sheet as of 09-30-05
($000's)
WAGNER
HAVANA
-------
Cash And Equivalents $ --
Accounts Receivable 265
Short-Term Intercompany Receivables 4
Inventories 188
Other Current Assets --
-------
TOTAL CURRENT ASSETS 457
Land and Buildings 1,217
Machinery & Equipment 10,243
Construction In Progress --
-------
Total Fixed Assets 11,460
Accumulated Depreciation (9,610)
-------
NET FIXED ASSETS 1,850
Investment In Subsidiaries --
Investment In European Operations --
Long-Term Intercompany Receivables --
Deferred Taxes, Long-Term Asset --
Other Assets --
-------
TOTAL ASSETS $ 2,307
=======
LIABILITIES AND SHAREHOLDER EQUITY
POST PETITION LIABILITIES
Accounts Payable $ 14
Wages and Salaries (See schedule) --
Taxes Payable - (See schedule) 60
-------
TOTAL POST PETITION LIABILITIES 74
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 7,500
Minority Interest --
-------
TOTAL LIABILITIES 8,243
Common Stock --
Capital In Excess Of Par Value 9,349
Retained Earnings - Prepetition (9,781)
Retained Earnings - Post Petition (5,504)
Equity In European Operations
Accumulated Translation Adjustment --
Minimum Pension Liability Adjustment --
Unearned Restricted Stock --
-------
TOTAL SHAREHOLDER EQUITY (5,936)
-------
TOTAL LIABILITIES AND EQUITY $ 2,307
=======
PERIOD ENDED: 09/30/05 CASE #04-67611
WAGNER HAVANA
SCHEDULE OF POST-PETITION TAX LIABILITY
Balance Balance
as of Accrued / Payments / as of
8/31/2005 Withheld Deposits 9/30/2005
--------- --------- ---------- ---------
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 (53,417) (7,015) 0 (60,432)
Workers Compensation 0 0 0 0
--------- -------- -- ---------
Total ($53,417) ($7,015) $0 ($60,432)
Wages and Salaries 0 0 0 0
--------- -------- -- ---------
Grand Total ($53,417) ($7,015) $0 ($60,432)
========= ======== == =========
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 $13,576 $13,576 $0 $0
Accounts Receivable $ 0 $ 0 $0 $0
INTERMET CORPORATION AND SUBSIDIARIES
CASH ACTIVITY ANALYSIS: MONTHLY CASH STATEMENT
MONTH ENDED 9/30/2005
CASE # 04-67611
WAGNER HAVANA
---------------
TOTAL DISBURSEMENTS (CORPORATE DEBIT MEMOS) $19,372
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
SEPTEMBER 2005
VENDOR TOTAL DISBURSEMENTS
------ -------------------
AMERENCIPS $ 8,262.06
CITY OF HAVANA 9.42
ILLINOIS ENVIRONMENTAL 500.00
SECURITAS 10,600.02
----------
$19,371.50
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: SEPTEMBER 30, 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: OCTOBER 20, 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.