1
EXHIBIT 99.1
CASE NAME: KEVCO, INC. ACCRUAL BASIS
CASE NUMBER: 401-40783-BJH-11
JUDGE: BARBARA J. HOUSER
UNITED STATES BANKRUPTCY COURT
NORTHERN DISTRICT OF TEXAS
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FORT WORTH DIVISION
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MONTHLY OPERATING REPORT
MONTH ENDING: APRIL 30, 2001
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IN ACCORDANCE WITH TITLE 28, SECTION 1746, OF THE UNITED STATES CODE, I DECLARE
UNDER PENALTY OF PERJURY THAT I HAVE EXAMINED THE FOLLOWING MONTHLY OPERATING
REPORT (ACCRUAL BASIS - 1 THROUGH ACCRUAL BASIS - 7) AND THE ACCOMPANYING
ATTACHMENTS AND, TO THE BEST OF MY KNOWLEDGE, THESE DOCUMENTS ARE TRUE, CORRECT
AND COMPLETE. DECLARATION OF THE PREPARER (OTHER THAN RESPONSIBLE PARTY): IS
BASED ON ALL INFORMATION OF WHICH PREPARER HAS ANY KNOWLEDGE.
RESPONSIBLE PARTY:
EXECUTIVE VICE PRESIDENT AND
/s/ JOSEPH P. TOMCZAK CHIEF FINANCIAL OFFICER
- --------------------------------------- -----------------------------
Original Signature of Responsible Party Title
JOSEPH P. TOMCZAK MAY 29, 2001
- --------------------------------------- -----------------------------
Printed Name of Responsible Party Date
PREPARER:
/s/ DENNIS S. FAULKNER ACCOUNTANT FOR DEBTOR
- --------------------------------------- -----------------------------
Original Signature of Preparer Title
DENNIS S. FAULKNER MAY 29, 2001
- --------------------------------------- -----------------------------
Printed Name of Preparer Date
2
CASE NAME: KEVCO, INC. ACCRUAL BASIS - 1
CASE NUMBER: 401-40783-BJH-11
COMPARATIVE BALANCE SHEET
SCHEDULED MONTH MONTH MONTH
ASSETS AMOUNT FEB-01 MAR-01 APR-01
- ------ --------- ------ ------ ------
1. Unrestricted Cash (FOOTNOTE) 1,000 1,000 1,000 1,000
2. Restricted Cash
3. Total Cash 1,000 1,000 1,000 1,000
4. Accounts Receivable (Net)
5. Inventory
6. Notes Receivable
7. Prepaid Expenses
8. Other (Attach List) 459,000 2,711,781 2,337,787 2,835,094
9. Total Current Assets 460,000 2,712,781 2,338,787 2,836,094
10. Property, Plant & Equipment
11. Less: Accumulated Depreciation/Depletion
12. Net Property, Plant & Equipment
13. Due From Insiders
14. Other Assets - Net of Amortization (Attach List) 4,790,071 7,213,783 7,134,011 7,054,238
15. Other (Attach List) 613,299,110 308,668,443 310,687,331 310,687,331
16. Total Assets 618,549,181 318,595,007 320,160,129 320,577,663
POST PETITION LIABILITIES
17. Accounts Payable
18. Taxes Payable
19. Notes Payable
20. Professional Fees
21. Secured Debt
22. Other (Attach List) 14,750,196 15,846,661 39,829,596
23. Total Post Petition Liabilities 14,750,196 15,846,661 39,829,596
PRE PETITION LIABILITIES
24. Secured Debt (FOOTNOTE) 75,885,064 63,113,388 63,727,233 41,900,067
25. Priority Debt
26. Unsecured Debt
27. Other (Attach List) 136,505,780 141,833,049 141,833,049 141,833,049
28. Total Pre Petition Liabilities 212,390,844 204,946,437 205,560,282 183,733,116
29. Total Liabilities 212,390,844 219,696,633 221,406,943 223,562,712
EQUITY
30. Pre Petition Owners' Equity 406,158,337 406,158,337 406,158,337
31. Post Petition Cumulative Profit Or (Loss) 2,236,171 2,090,983 352,748
32. Direct Charges To Equity (Attach Explanation) (FOOTNOTE) (309,496,134) (309,496,134) (309,496,134)
33. Total Equity 98,898,374 98,753,186 97,014,951
34. Total Liabilities and Equity 318,595,007 320,160,129 320,577,663
This form x does does not have related footnotes on Footnotes Supplement.
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CASE NAME: KEVCO, INC. SUPPLEMENT TO
CASE NUMBER: 401-40783-BJH-11 ACCRUAL BASIS - 1
COMPARATIVE BALANCE SHEET
SCHEDULED MONTH MONTH MONTH
ASSETS AMOUNT FEB-01 MAR-01 APR-01
- ------ --------- ------ ------ ------
A. Prepaid Escrowed Retention Pmts. 459,000 253,000 253,000 253,000
B. Federal Income Tax Asset (FOOTNOTE) 294,000
C. Other Taxes Receivable 165,677 85,683 82,990
D. Receivable from Adorn (FOOTNOTE) 1,999,104 1,999,104 2,499,104
E.
TOTAL OTHER ASSETS - LINE 8 459,000 2,711,781 2,337,787 2,835,094
A. Capitalized loan costs 4,790,071 4,710,298 4,630,526 4,550,753
B. Investment in Subsidiaries 2,503,485 2,503,485 2,503,485
C.
D.
E.
TOTAL OTHER ASSETS NET OF
AMORTIZATION - LINE 14 4,790,071 7,213,783 7,134,011 7,054,238
A. Intercompany Receivables (FOOTNOTE) 306,649,555
B. Interco. Promissory Note (FOOTNOTE) 235,981,314 235,981,314 235,981,314 235,981,314
C. Interco. Royalties (FOOTNOTE) 70,668,241 72,687,129 74,706,017 74,706,017
D.
E.
TOTAL OTHER ASSETS - LINE 15 613,299,110 308,668,443 310,687,331 310,687,331
POST PETITION LIABILITIES
A. Interco. Payables (FOOTNOTE) 13,774,763 13,698,642 36,496,800
B. Accrued Interest on Notes/Bonds 975,433 2,148,019 3,332,796
C.
D.
E.
TOTAL OTHER POST PETITION
LIABILITIES - LINE 22 14,750,196 15,846,661 39,829,596
PRE PETITION LIABILITIES
A. Interco. Liabilities (FOOTNOTE) 8,005,780 8,005,780 8,005,780 8,005,780
B. 10 3/8% Sr. Sub. Notes 105,000,000 105,000,000 105,000,000 105,000,000
C. Senior Sub. Exchangeable Notes 23,500,000 23,500,000 23,500,000 23,500,000
D. Accrued Interest on Notes/Bonds 5,327,269 5,327,269 5,327,269
E.
TOTAL OTHER PRE PETITION
LIABILITIES - LINE 27 136,505,780 141,833,049 141,833,049 141,833,049
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CASE NAME: KEVCO, INC. ACCRUAL BASIS - 2
CASE NUMBER: 401-40783-BJH-11
INCOME STATEMENT
MONTH MONTH MONTH QUARTER
REVENUES FEB-01 MAR-01 APR-01 TOTAL
- -------- ------ ------ ------ -------
1. Gross Revenues
2. Less: Returns & Discounts
3. Net Revenue
COST OF GOODS SOLD
4. Material
5. Direct Labor
6. Direct Overhead
7. Total Cost Of Goods Sold
8. Gross Profit
OPERATING EXPENSES
9. Officer / Insider Compensation
10. Selling & Marketing
11. General & Administrative
12. Rent & Lease
13. Other (Attach List)
14. Total Operating Expenses
15. Income Before Non-Operating
Income & Expense
OTHER INCOME & EXPENSES
16. Non-Operating Income (Att List) 4,037,776 2,018,888 6,056,664
17. Non-Operating Expense (Att List) 294,000 1,806 295,806
18. Interest Expense 1,801,605 1,870,076 1,736,429 5,408,110
19. Depreciation / Depletion
20. Amortization
21. Other (Attach List)
22. Net Other Income & Expenses 2,236,171 (145,188) (1,738,235) 352,748
REORGANIZATION EXPENSES
23. Professional Fees
24. U.S. Trustee Fees
25. Other (Attach List)
26. Total Reorganization Expenses
27. Income Tax
28. Net Profit (Loss) 2,236,171 (145,188) (1,738,235) 352,748
This form x does does not have related footnotes on Footnotes Supplement.
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CASE NAME: KEVCO, INC. SUPPLEMENT TO
CASE NUMBER: 401-40783-BJH-11 ACCRUAL BASIS - 2
INCOME STATEMENT
MONTH MONTH MONTH QUARTER
OPERATING EXPENSES FEB-01 MAR-01 APR-01 TOTAL
- ------------------ ------ ------ ------ -------
A.
B.
C.
D.
E.
TOTAL OTHER OPERATING
EXPENSES - LINE 13
OTHER INCOME & EXPENSES
Interco. Interest Income
A. (FOOTNOTE) 4,037,776 2,018,888 6,056,664
B.
C.
D.
E.
TOTAL NON-OPERATING INCOME -
LINE 16 4,037,776 2,018,888 6,056,664
A. Federal Income Tax (FOOTNOTE) 294,000 294,000
B. Outside Services 1,806 1,806
C.
D.
E.
TOTAL NON-OPERATING
EXPENSE - LINE 17 294,000 1,806 295,806
REORGANIZATION EXPENSES
A.
B.
C.
D.
E.
TOTAL OTHER REORGANIZATION
EXPENSES - LINE 25
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CASE NAME: KEVCO, INC. ACCRUAL BASIS - 3
CASE NUMBER: 401-40783-BJH-11
CASH RECEIPTS AND MONTH MONTH MONTH QUARTER
DISBURSEMENTS FEB-01 MAR-01 APR-01 TOTAL
- ----------------- ------ ------ ------ -------
1. Cash - Beginning Of Month SEE ATTACHED SUPPLEMENT AND FOOTNOTE
RECEIPTS FROM OPERATIONS
2. Cash Sales
COLLECTION OF ACCOUNTS RECEIVABLE
3. Pre Petition
4. Post Petition
5. Total Operating Receipts
NON-OPERATING RECEIPTS
6. Loans & Advances (Attach List)
7. Sale of Assets
8. Other (Attach List)
9. Total Non-Operating Receipts
10. Total Receipts
11. Total Cash Available
OPERATING DISBURSEMENTS
12. Net Payroll
13. Payroll Taxes Paid
14. Sales, Use & Other Taxes Paid
15. Secured / Rental / Leases
16. Utilities
17. Insurance
18. Inventory Purchases
19. Vehicle Expenses
20. Travel
21. Entertainment
22. Repairs & Maintenance
23. Supplies
24. Advertising
25. Other (Attach List)
26. Total Operating Disbursements
REORGANIZATION DISBURSEMENTS
27. Professional Fees
28. U.S. Trustee Fees
29. Other (Attach List)
30. Total Reorganization Expenses
31. Total Disbursements
32. Net Cash Flow
33. Cash - End of Month
This form X does does not have related footnotes on Footnotes Supplement.
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CASE NAME: KEVCO, INC. SUPPLEMENT TO ACCRUAL BASIS - 3
APRIL, 2001
CASE NUMBER: 401-40783-BJH-11 CASH RECEIPTS AND DISBURSEMENTS
DIST LP MFG MGMT HOLDING COMP KEVCO INC TOTAL
------- --- ---- ------- ---- --------- -----
1. CASH-BEGINNING OF MONTH 1,483 (95,242) 26,213,696 5,010 6,050 1,000 26,131,997
RECEIPTS FROM OPERATIONS
2. CASH SALES 121,372 -- 121,372
COLLECTION OF ACCOUNTS RECEIVABLE
3. PRE PETITION 61,354 -- 61,354
4. POST PETITION 7,225,297 4,705,194 11,930,491
5. TOTAL OPERATING RECEIPTS 7,408,023 4,705,194 -- -- -- -- 12,113,217
NON OPERATING RECEIPTS
6. LOANS & ADVANCES -- --
7. SALE OF ASSETS 38,500 7,012,936 7,051,436
8. OTHER 171,186 -- 87,708 -- -- -- 258,894
INTERCOMPANY TRANSFERS (4,591,461) (2,381,789) 6,973,250 -- -- --
SALE EXPENSE REIMBURSEMENT
LIFE INSURANCE CASH VALUE 152,493
RENT 16,000
TAX REFUND 2,693
MISC. --
INTEREST INCOME 87,708
9. TOTAL NON OPERATING RECEIPTS (4,381,775) 4,631,147 7,060,958 -- -- -- 7,310,330
10. TOTAL RECEIPTS 3,026,248 9,336,341 7,060,958 -- -- -- 19,423,547
11. CASH AVAILABLE 3,027,731 9,241,099 33,274,654 5,010 6,050 1,000 45,555,544
OPERATING DISBURSEMENTS
12. NET PAYROLL 500,771 560,149 112,437 1,173,357
13. PAYROLL TAXES PAID -- 524,486 524,486
14. SALES, USE & OTHER TAXES PAID 9,429 770 10,199
15. SECURED/RENTAL/LEASES 496,959 130,335 71,718 699,012
16. UTILITIES 100,185 88,360 211,235 399,780
17. INSURANCE 6,099 -- 597,388 603,487
18. INVENTORY PURCHASES 1,269,266 1,178,079 2,447,345
19. VEHICLE EXPENSE 64,627 10,109 74,736
20. TRAVEL 21,689 12,853 643 35,185
21. ENTERTAINMENT -- 369 369
22. REPAIRS & MAINTENANCE 2,617 19,292 2,790 24,699
23. SUPPLIES 9,375 40,685 50,060
24. ADVERTISING -- -- --
25. OTHER 546,714 7,266,715 15,367,241 -- -- -- 23,180,670
LOAN PAYMENTS 324,609 7,012,936 15,000,000 22,337,545
FREIGHT 97,953 152,540 250,493
CONTRACT LABOR 617 1,976 31,937 34,530
401 K PAYMENTS -- 157,719 157,719
PAYROLL TAX ADVANCE ADP --
WAGE GARNISHMENTS --
MISC. 123,535 99,263 177,585 400,383
26. TOTAL OPERATING DISBURSEMENTS 3,027,731 9,307,716 16,887,938 -- -- -- 29,223,385
REORGANIZATION DISBURSEMENTS
27. PROFESSIONAL FEES -- 492,647 492,647
28. US TRUSTEE FEES -- --
29. OTHER --
30. TOTAL REORGANIZATION EXPENSE -- -- 492,647 -- -- -- 492,647
31. TOTAL DISBURSEMENTS 3,027,731 9,307,716 17,380,585 -- -- -- 29,716,032
32. NET CASH FLOW (1,483) 28,625 (10,319,627) -- -- -- (10,292,485)
33. CASH- END OF MONTH -- (66,617) 15,894,069 5,010 6,050 1,000 15,839,512
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CASE NAME: KEVCO, INC. ACCRUAL BASIS - 4
CASE NUMBER: 401-40783-BJH-11
SCHEDULED MONTH MONTH MONTH
ACCOUNTS RECEIVABLE AGING AMOUNT FEB-01 MAR-01 APR-01
- ------------------------- --------- ------ ------ ------
1. 0 - 30
2. 31 - 60
3. 61 - 90
4. 91 +
5. Total Accounts Receivable
6. (Amount Considered Uncollectible)
7. Accounts Receivable (Net)
AGING OF POST PETITION MONTH: APRIL-01
TAXES AND PAYABLES -------------
0 - 30 31 - 60 61 - 90 91 +
TAXES PAYABLE DAYS DAYS DAYS DAYS TOTAL
- ------------- ------ ------- ------- ---- -----
1. Federal
2. State
3. Local
4. Other (Attach List)
5. Total Taxes Payable
6. Accounts Payable
MONTH: APRIL-01
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STATUS OF POST PETITION TAXES
BEGINNING TAX AMOUNT WITHHELD ENDING TAX
FEDERAL LIABILITY * AND/OR ACCRUED (AMOUNT PAID) LIABILITY
- ------- ------------- --------------- ------------- ---------
1. Withholding **
2. FICA - Employee **
3. FICA - Employer **
4. Unemployment
5. Income
6. Other (Attach List)
7. Total Federal Taxes
STATE AND LOCAL
8. Withholding
9. Sales
10. Excise
11. Unemployment
12. Real Property
13. Personal Property
14. Other (Attach List)
15. Total State And Local
16. Total Taxes
* The beginning tax liability should represent the liability from the prior
month or, if this is the first operating report, the amount should be zero.
** Attach photocopies of IRS Form 6123 or your FTD coupon and payment receipt
to verify payment of deposit.
This form does X does not have related footnotes on Footnotes Supplement.
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CASE NAME: KEVCO, INC. ACCRUAL BASIS - 5
CASE NUMBER: 401-40783-BJH-11
The debtor in possession must complete the reconciliation below for each bank
account, including all general, payroll and tax accounts, as well as all savings
and investment accounts, money market accounts, certificates of deposit,
government obligations, etc. Accounts with restricted funds should be identified
by placing an asterisk next to the account number. Attach additional sheets if
necessary.
MONTH: APRIL-01
---------------
BANK RECONCILIATIONS Account # 1 Account # 2
- -------------------- ----------- -----------
A. BANK: Bank of America Other Accounts TOTAL
B. ACCOUNT NUMBER: 3750768521 (Attach List)
C. PURPOSE (TYPE): DIP Account
1. Balance Per Bank Statement 1,000 1,000
2. Add: Total Deposits Not Credited
3. Subtract: Outstanding Checks
4. Other Reconciling Items
5. Month End Balance Per Books 1,000 1,000
6. Number of Last Check Written
INVESTMENT ACCOUNTS
DATE OF TYPE OF
BANK, ACCOUNT NAME & NUMBER PURCHASE INSTRUMENT PURCHASE PRICE CURRENT VALUE
- --------------------------- -------- ---------- -------------- -------------
7.
8.
9.
10. (Attach List)
11. Total Investments
CASH
12. Currency On Hand
13. Total Cash - End of Month 1,000
This form does X does not have related footnotes on Footnotes Supplement.
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CASE NAME: KEVCO, INC. ACCRUAL BASIS - 6
CASE NUMBER: 401-40783-BJH-11 MONTH: APRIL-01
------------------
PAYMENTS TO INSIDERS AND PROFESSIONALS
Of the Total Disbursements shown for the month, list the amount paid to Insiders
(as defined in Section 101(31)(A) - (F) of the U.S. Bankruptcy Code) and to
Professionals. Also, for payments to Insiders, identify the type of compensation
paid (e.g. salary, bonus, commissions, insurance, housing allowance, travel, car
allowance, etc.). Attach additional sheets if necessary.
INSIDERS
TYPE OF AMOUNT TOTAL PAID
NAME PAYMENT PAID TO DATE
---- ------- ------ ----------
1.
2.
3.
4.
5. (Attach List)
6. Total Payments To Insiders
PROFESSIONALS
DATE OF
COURT ORDER TOTAL
AUTHORIZING AMOUNT AMOUNT TOTAL PAID INCURRED
NAME PAYMENT APPROVED PAID TO DATE & UNPAID *
---- ----------- -------- ------ ---------- ----------
1.
2.
3.
4.
5. (Attach List)
6. Total Payments To
Professionals
* Include all fees incurred, both approved and unapproved
POST PETITION STATUS OF SECURED NOTES, LEASES PAYABLE AND ADEQUATE
PROTECTION PAYMENTS
SCHEDULED AMOUNTS TOTAL
MONTHLY PAID UNPAID
PAYMENTS DURING POST
NAME OF CREDITOR DUE MONTH PETITION
---------------- --------- ------- --------
1. Bank of America (FOOTNOTE) 21,827,166 41,900,067
2.
3.
4.
5. (Attach List)
6. TOTAL 21,827,166 41,900,067
This form x does does not have related footnotes on Footnotes Supplement.
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CASE NAME: KEVCO, INC. ACCRUAL BASIS - 7
CASE NUMBER: 401-40783-BJH-11 MONTH: APRIL-01
-----------------
QUESTIONNAIRE
YES NO
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1. Have any Assets been sold or transferred outside the normal course of business
this reporting period? X
2. Have any funds been disbursed from any account other than a debtor in
possession account? X
3. Are any Post Petition Receivables (accounts, notes, or loans) due from related
parties? X
4. Have any payments been made on Pre Petition Liabilities this reporting period? X
5. Have any Post Petition Loans been received by the debtor from any party? X
6. Are any Post Petition Payroll Taxes past due? X
7. Are any Post Petition State or Federal Income Taxes past due? X
8. Are any Post Petition Real Estate Taxes past due? X
9. Are any other Post Petition Taxes past due? X
10. Are any amounts owed to Post Petition creditors delinquent? X
11. Have any Pre Petition Taxes been paid during the reporting period? X
12. Are any wage payments past due? X
If the answer to any of the above questions is "Yes", provide a detailed
explanation of each item. Attach additional sheets if necessary.
SEE FOOTNOTE
INSURANCE
YES NO
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1. Are Worker's Compensation, General Liability and other necessary insurance
coverages in effect? X
2. Are all premium payments paid current? X
3. Please itemize policies below.
If the answer to any of the above questions is "No", or if any policies have
been canceled or not renewed during this reporting period, provide an
explanation below. Attach additional sheets if necessary.
INSTALLMENT PAYMENTS
TYPE OF POLICY CARRIER PERIOD COVERED PAYMENT AMOUNT & FREQUENCY
-------------- ------- -------------- --------------------------
General Liability Liberty Mutual 9/1/00-9/1/01 Annual $313,520
Umbrella National Union 6/1/00-9/1/01 Annual $103,349
This form X does does not have related footnotes on Footnotes Supplement.
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12
CASE NAME: KEVCO, INC. FOOTNOTES SUPPLEMENT
CASE NUMBER: 401-40783-BJH-11 ACCRUAL BASIS
MONTH: APRIL-01
--------
ACCRUAL
BASIS
FORM
NUMBER LINE NUMBER FOOTNOTE/EXPLANATION
- ------ ----------- ----------------------
1 1 Pursuant to the February 12, 2001 Order (1)
3 1 Authorizing Continued Use of Existing Forms and
Records; (2) Authorizing Maintenance of Existing
Corporate Bank Accounts and Cash Management
System; and (3) Extending Time to Comply with
11 U.S.C. Section 345 Investment Guidelines, funds
in the Bank of America and Key Bank deposit
accounts are swept daily into Kevco's lead account
number 1295026976. The Bank of America lead
account is administered by, and held in the name
of Kevco Management Co. Accordingly, all cash
receipts and disbursements flow through Kevco
Management's Bank of America DIP account. A
schedule allocating receipts and disbursements
among Kevco, Inc. and its subsidiaries is included
in this report as a Supplement to Accrual Basis
-3.
1 8B The Federal Tax asset on Kevco, Inc.'s books and
2 17A records has been expensed (written off). The tax
asset, created in accordance with Generally
Accepted Accounting Principles, has no monetary
value at this time or in the foreseeable future.
1 8D (A) Pursuant to an Asset Purchase Agreement
1 11A approved by the Court on February 23, 2001 and
1 24 effective as of the same date among Kevco, Inc.,
6 1 Kevco Manufacturing, LP, Wingate Management Co.
7 4 II, LP and Adorn LLC, certain assets and
liabilities of Design Components, a division of
Kevco Manufacturing, LP (Case No.
401-40784-BJH-11), were transferred to Adorn, LLC.
At the effective date of purchase, Buyer assumed
certain executory contracts, approximately $1.6
million of Kevco Manufacturing, LP's unsecured
pre-petition liabilities, $3.5 million of accounts
receivable, $5 million of inventory and $2.2
million (book value) of property and equipment.
Payment was made directly to Bank of America, the
secured lender, thereby reducing pre-petition
secured debt.
(B) Pursuant to an Asset Purchase Agreement
approved by the Court on April 3, 2001 and
effective as of the same date, Universal Forest
Products Eastern Division, Inc. purchased the
assets (inventory, equipment, machinery and five
of the seven facilities at which Sunbelt Wood
Components Division operates) of the Sunbelt
division of Kevco Manufacturing, LP. Approximately
$7 million in sales proceeds were paid directly to
Bank of America thereby reducing pre-petition
secured debt.
(C) Debtor paid $15 million from available cash
during April to Bank of America to reduce
pre-petition secured debt.
(D) The increase in intercompany payables in April
is due to the sale of Kevco Manufacturing, LP's
Sunbelt Wood Components Division and the cash
payment to Bank of America (see items B and C
above). Although Kevco, Inc. carries the secured
debt on its books, Kevco Management maintains the
DIP cash account which results in an intercompany
transaction.
1 15A,B,C Intercompany assets were inadvertently doubled on
1 32 Debtor's Schedules. The adjustment to equity in
February corrects the error.
1 15B,C Intercompany receivables/payables are from/to
1 22A co-debtors Kevco Management Co. (Case No.
1 27A 401-40788-BJH-11), Kevco Distribution, LP
2 16A (Case No. 401-40789-BJH-11), Kevco Holding, Inc.
(Case No. 401-40785- BJH-11), DCM Delaware,
Inc.(Case No. 401-40787-BJH-11), Kevco GP, Inc.
(Case No. 401-40786-BJH-11), Kevco Components,
Inc. (Case No. 401-40790-BJH-11), and Kevco
Manufacturing, LP. (Case No. 401-40784-BJH-11).
2 16A Intercompany interest charges (based on
intercompany royalties and notes) was not assessed
during April.