EXHIBIT 99.2
UNITED STATES BANKRUPTCY COURT
FOR THE DISTRICT OF DELAWARE
IN RE FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 10/5/03 - 11/1/03
MONTHLY OPERATING REPORT
File with Court and submit copy to United States Trustee within 45 days after
end of the period
Submit copy of report to any official committee appointed in the case.
REQUIRED DOCUMENTS DOCUMENT EXPLANATION
FORM NO. ATTACHED ATTACHED
Schedule of Cash Receipts and Disbursements MOR - 1
Weekly Receipts & Disbursements A X
Cash Disbursements by Petitioning Entity B X
Bank Account Information C X
Statement of Operations MOR - 2 X
Balance Sheet MOR - 3 X
Status of Postpetition Taxes MOR - 4 X
Copies of IRS Form 6123 or payment receipt (See Tax Affidavit) X
Copies of tax returns filed during reporting period (See Tax Affidavit) X
Summary of Unpaid Postpetition Debts MOR - 4 X
Summary Accounts Receivable Aging MOR - 5 X
Debtor Questionnaire MOR - 5 X
I declare under penalty of perjury (28 U.S.C. Section 1746) that this report and
the attached documents are true and correct to the best of my knowledge and
belief.
RESPONSIBLE PARTY:
/s/ Rebecca A. Roof Interim Chief Financial Officer
- --------------------------------------- -------------------------------
Signature of Responsible Party Title
Rebecca A. Roof 12/18/2003
- --------------------------------------- -------------------------------
Printed Name of Responsible Party Date
SPECIAL NOTE:
During its review of the Period 10 Monthly Operating Report (MOR), the Company
became aware of the misclassification of several items reported in the Period 9
MOR. The Company will file an amended Period 9 MOR no later than December 19,
2003. The cumulative effect of the correction of these misclassificaitons has
been included herein.
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 10/05/03 - 11/01/03
NOTES TO THE MONTHLY OPERATING REPORT
GENERAL
The report includes activity from the following Debtors and related Case Numbers
[1] [2] [3] [4] [5] [6] [7] [8] [9] [10] [11] [12] [13]:
DEBTOR CASE NUMBER
------ -----------
INCLUDED IN FLEMING SECTION OF THE MOR AS APPLICABLE:
Fleming Companies, Inc. 03-10945
ABCO Food Group, Inc. 03-10946
ABCO Markets, Inc. 03-10947
ABCO Realty Corp. 03-10948
Favar Concepts, Ltd. 03-10953
Fleming Foods Management Co., L.L.C. 03-10954
Fleming Foods of Texas, L.P. 03-10955
Fleming International, Ltd. 03-10956
Fleming Transportation Service, Inc. 03-10957
Fleming Supermarkets of Florida, Inc. 03-10958
Food 4 Less Beverage Company, Inc. 03-10959
FuelServ, Inc. 03-10960
Piggly Wiggly Company 03-10965
Progressive Realty, Inc. 03-10966
Rainbow Food Group, Inc. 03-10967
Retail Investments, Inc. 03-10968
Retail Supermarkets, Inc. 03-10970
RFS Marketing Services, Inc. 03-10971
Richmar Foods, Inc. 03-10972
Dunigan Fuels, Inc. 03-10973
INCLUDED IN CORE-MARK SECTION OF THE MOR AS APPLICABLE [14]:
Core-Mark International, Inc. 03-10944
ASI Office Automation, Inc. 03-10949
Core-Mark Mid-Continent, Inc. 03-10950
Core-Mark Interrelated Companies, Inc. 03-10951
C/M Products, Inc. 03-10952
General Acceptance Corporation 03-10961
Marquise Ventures Company, Inc. 03-10962
Head Distributing Company 03-10963
Minter Weisman Co. 03-10964
NOTES:
[1] All information contained within this Monthly Operating Report is
subject to change upon further reconciliation.
[2] "the Company" refers to Fleming Companies, Inc. and its related
subsidiaries.
[3] Within this Monthly Operating Report Core-Mark's Eastern Divisions or
"Fleming 7" refers to Head Distributing Company, Minter-Weisman, and
the Marshfield, Chicago, Altoona and Leitchfield divisions included
within Fleming Companies, Inc.
[4] Period 3 refers to February 23, 2003 through March 22, 2003.
[5] Period 4 refers to March 23, 2003 through April 19, 2003.
[6] Period 5 refers to April 20, 2003 through May 17, 2003.
[7] Period 6 refers to May 18, 2003 through June 14, 2003.
[8] Period 7 refers to June 15 through July 12, 2003.
[9] Period 8 refers to July 13 through August 9, 2003.
[10] Period 9 refers to August 10 through September 6, 2003.
[11] Period 10 refers to September 7, 2003 through October 4, 2003.
[12] Period 11 refers to October 5, 2003 through November 1, 2003.
[13] The Monthly Operating Report excludes financial activity related to
non-Debtor entities (i.e., Cerespan.com and Choteau Development
Company, LLC, etc.).
[14] Core-Mark entities are on a different reporting schedule with period 11
reflecting a Balance Sheet as of October 31, 2003. The Statement of
Operations has been estimated through November 1, 2003 to be consistent
with Fleming.
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 10/01/03 - 10/31/03
WEEKLY RECEIPTS AND DISBURSEMENTS [1]
(DOLLARS IN 000'S)
CURRENT
PERIOD CUMULATIVE
WEEK 1 [4] WEEK 2 WEEK 3 WEEK 4 WEEK 5 TOTAL FILING TO DATE
----------------------------------------------------------------------------------
CASH RECEIPTS:
Fleming Receipts [5] $ 1,293 12 5,390 593 133 $ 7,421 $ 2,406,524
Core-Mark Receipts [5] 38,122 65,639 64,575 63,925 75,277 307,538 2,496,203
Asset / Excess Inventory Sales & Other 601 4,878 1,320 2,456 3,191 12,446 282,949
- ---------------------------------------------------------------------------------------------------------------------------------
ACTUAL RECEIPTS $ 40,016 $ 70,530 $ 71,285 $ 66,974 $ 78,600 $ 327,405 $ 5,185,676
- ---------------------------------------------------------------------------------------------------------------------------------
CASH DISBURSEMENTS FROM OPERATIONS:
Material Purchases - Fleming [3] [5] $ (512) (589) (77) 224 1,270 $ 317 $(1,618,325)
Material Purchases - Core-Mark [5] (24,011) (53,588) (40,828) (47,704) (45,534) (211,665) (1,855,920)
Tax Disbursements - Cigarettes (7,102) (9,550) (8,627) (12,079) (12,214) (49,571) (351,877)
Tax Disbursements - Other (2) (231) (224) (23) (167) (647) (8,694)
Employee & Payroll (2,046) (6,104) (1,549) (3,860) (1,861) (15,421) (295,889)
Lease & Recurring Costs (1,104) (250) (266) (462) (692) (2,773) (87,694)
Other Operating Costs (2,122) (1,982) (2,911) (1,721) (3,996) (12,732) (223,972)
- ---------------------------------------------------------------------------------------------------------------------------------
ACTUAL CASH DISBURSEMENTS FROM OPERATIONS $(36,898) $(72,293) $(54,481) $(65,626) $(63,194) $(292,492) $(4,442,371)
- ---------------------------------------------------------------------------------------------------------------------------------
CASH DISBURSEMENTS FROM NON-OPERATIONS:
DSD/Critical Vendor/PACA Payments [2] - - - $ - $ (92,781)
Capital Expenditures - - - - - - (2,216)
Restructuring & Professional Fees (1,468) (10) (437) (3,179) (3,132) (8,226) (43,214)
Interest & Financing (438) - - - (1,803) (2,241) (77,163)
Other Non-Operating Costs - - - - - - -
- ---------------------------------------------------------------------------------------------------------------------------------
ACTUAL CASH DISBURSEMENTS FROM NON-OPERATIONS $ (1,906) $ (10) $ (437) $ (3,179) $ (4,935) $ (10,467) $ (215,374)
- ---------------------------------------------------------------------------------------------------------------------------------
TOTAL ACTUAL DISBURSEMENTS $(38,803) $(72,304) $(54,918) $(68,805) $(68,130) $(302,959) $(4,657,745)
- ---------------------------------------------------------------------------------------------------------------------------------
DISBURSEMENTS FOR CALCULATING U.S. TRUSTEE QUARTERLY FEES: (FROM CURRENT PERIOD
COLUMN)
TOTAL DISBURSEMENTS $(302,959)
LESS: Transfers to Debtor in Possession Accounts -
PLUS: Estate Disbursements Made By Outside Sources (i.e. from escrow accounts) -
---------
TOTAL DISBURSEMENTS FOR CALCULATING U.S. TRUSTEE QUARTERLY FEES $(302,959)
NOTES
[1] Weekly Receipts and Disbursements include Core-Mark's and Fleming's
October 1 through October 31 receipts and disbursements.
[2] The period 11 Monthly Operating report (including the period 4 through
10 Monthly Operating Reports previously filed) includes within the
DSD/Critical Vendor/PACA Payments, among others, DSD and PACA
disbursements made to segregated escrow accounts for future
disbursement. The DSD and PACA escrow disbursements do not represent
actual DSD and PACA settlement disbursements made during the period,
only those funds set aside in escrow.
[3] Certain checks that were issued for Fleming material purchases in prior
periods were voided during the month of October resulting in cash added
back.
[4] Per agreement with the U.S. Trustee, only cash receipts and
disbursements related to October 1 through October 31 were included.
Therefore, week 1 includes only three days related to cash receipts and
disbursements for October 2003.
[5] Of the Core-Mark's 7 Eastern divisions ("Fleming 7"), Core-Mark's cash
activity includes Head and Minter-Weisman and Fleming's cash activity
includes the four convenience divisions that are part of Fleming
Companies, Inc.
FORM MOR - 1A
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 10/01/03 - 10/31/03
CASH DISBURSEMENTS BY PETITIONING ENTITY [1]
(DOLLARS IN 000'S)
CUMULATIVE FILING TO
PETITIONING ENTITIES CASE NUMBER CURRENT PERIOD TOTAL DATE
- -------------------------------------- ----------- -------------------- --------------------
Core-Mark International, Inc. 03-10944 $ (178,413) $(1,614,888)
Fleming Companies, Inc. 03-10945 (44,884) (2,046,050)
ABCO Food Group, Inc. 03-10946 -
ABCO Markets, Inc. 03-10947 -
ABCO Realty Corp. 03-10948 -
ASI Office Automation, Inc. 03-10949 -
Core-Mark Mid-Continent, Inc. 03-10950 (43,050) (346,523)
Core-Mark Interrelated Companies, Inc. 03-10951 (7,834) (55,907)
C/M Products, Inc. 03-10952 -
Favar Concepts, Ltd. 03-10953 (667)
Fleming Foods Management Co., L.L.C. 03-10954 -
Fleming Foods of Texas, L.P. 03-10955 22 (113,223)
Fleming International, Ltd. 03-10956 - (1,399)
Fleming Transportation Service, Inc. 03-10957 7 124
Fleming Supermarkets of Florida, Inc. 03-10958 -
Food 4 Less Beverage Company, Inc. 03-10959 -
Fuelserv, Inc. 03-10960 -
General Acceptance Corporation 03-10961 -
Marquise Ventures Company, Inc. 03-10962 -
Head Distributing Company 03-10963 (6,037) (51,208)
Minter Weisman Co. 03-10964 (23,142) (158,846)
Piggly Wiggly Company 03-10965 5 (890)
Progressive Realty, Inc. 03-10966 (4)
Rainbow Food Group, Inc. 03-10967 146 (31,595)
Retail Investments, Inc. 03-10968 (1) (165,196)
Retail Supermarkets, Inc. 03-10970 -
RFS Marketing Services, Inc. 03-10971 -
Richmar Foods, Inc. 03-10972 222 (71,406)
Dunigan Fuels, Inc. 03-10973 - (67)
- -------------------------------------------------------------------------------------------------------
TOTAL ACTUAL DISBURSEMENTS [2] [3] $ (302,959) $(4,657,745)
- -------------------------------------------------------------------------------------------------------
NOTES
[1] Employee and Payroll disbursements, per the Weekly Receipts and
Disbursements schedule, were not available on an entity by entity
basis. As a result, the total Core-Mark and Fleming Employee and
Payroll disbursements for 10/01/03 - 10/31/03 (approximately $6.4
million for Fleming and approximately $9.0 million for Core-Mark) were
allocated to the related Fleming and Core-Mark entities based on the %
of each entities total sales to total Fleming Sales/Core-Mark sales. In
particular, Core-Mark's disbursements were allocated to the 9 entities
(Head Distributing and Minter Weisman are not included in Fleming's
payroll total as of Period 7) and Fleming's disbursements to the 20
Fleming entities.
[2] Total cash disbursements provided by both Core-Mark and Fleming during
the period did not agree to Total Actual Disbursements on the Weekly
Receipts and Disbursement schedule. Therefore, the difference was
allocated between the Core-Mark and Fleming entities based on each
entities % of total cash disbursements prior to allocation.
[3] Total Actual Disbursements contain Core-Mark's and Fleming's
disbursements for 10/01/03 - 10/31/03 for the Current Period and for
4/1/03 - 10/31/03 for the Cumulative Filing to Date.
FORM MOR - 1B
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 10/31/03
BANK ACCOUNT INFORMATION
ACCOUNT
PETITIONING ENTITIES BANK NUMBER TYPE
- ---------------------------------------------------------------------------------------------------------------
Fleming Companies, Inc. Bank of America 8,188,812,687 Depository
Fleming Companies, Inc. Bank of America 3751525666 Depository
Fleming Companies, Inc. Bank of America 3751508777 Depository
Fleming Companies, Inc. Bank of America 3751022745 Depository
Fleming Companies, Inc. Bank One 10148350 Disbursement
Fleming Companies, Inc. Fleet Non Union Health 1713312 Disbursement
Fleming Companies, Inc. JP Morgan 22426761 Disbursement
Fleming Companies, Inc. JP Morgan 88063623919 Depository
Fleming Companies, Inc. JP Morgan 8806363428 Depository
Fleming Companies, Inc. JP Morgan 323252842 Depository
Fleming Companies, Inc. JP Morgan 8806258339 Depository
Fleming Companies, Inc. JP Morgan 8806247712 Depository
Fleming Companies, Inc. JP Morgan 8806232185 Depository
Fleming Companies, Inc. JP Morgan 8806232227 Depository
Fleming Companies, Inc. JP Morgan 8806319784 Depository
Fleming Companies, Inc. JP Morgan 8806258271 Depository/Disbursement
Fleming Companies, Inc. JP Morgan 8806322283 Depository/Disbursement
Fleming Companies, Inc. JP Morgan 8806362958 Depository/Disbursement
Fleming Companies, Inc. JP Morgan 8806170047 Disbursement
Fleming Companies, Inc. JP Morgan 8805174594 Disbursement
Fleming Companies, Inc. JP Morgan 6300030353 Disbursement
Fleming Companies, Inc. JP Morgan 8805223029 Disbursement
Fleming Companies, Inc. JP Morgan 6300065052 Disbursement
Fleming Companies, Inc. JP Morgan 6300065086 Disbursement
Fleming Companies, Inc. JP Morgan 6300062117 Disbursement
Fleming Companies, Inc. JP Morgan 6300036160 Disbursement
Fleming Companies, Inc. JP Morgan 6300064998 Disbursement
Fleming Companies, Inc. Manufacturers Trust 12001749 Depository
Core-Mark International, Inc Bank Of Montreal 5691032070 Disbursement
Core-Mark International, Inc Bank Of Montreal 127881013601 Disbursement
Core-Mark International, Inc Bank Of Montreal 07600000313 Depository/Disbursement
Core-Mark International, Inc Bank Of Montreal 07601154963 Disbursement
Core-Mark International, Inc Bank Of Montreal 07601102397 Disbursement
Core-Mark International, Inc Bank Of Montreal 0004-1664-436 Disbursement
Core-Mark International, Inc Bank Of Montreal 07604601086 FX Swap Funding Acct
Core-Mark International, Inc Bank One 1113117 Depository
Core-Mark International, Inc JP Morgan 323252028 Depository
Core-Mark International, Inc JP Morgan 8806322317 Depository
Core-Mark International, Inc JP Morgan Chase 9102775419 Disbursement
Core-Mark International, Inc JP Morgan Chase 9102775435 Disbursement
Core-Mark International, Inc JP Morgan Chase 9102775443 Disbursement
Core-Mark International, Inc JP Morgan Chase 9102775427 Disbursement
Core-Mark International, Inc JP Morgan Chase 601809668 Disbursement
Core-Mark International, Inc Scotia Bank 112390010715 Depository
Core-Mark International, Inc Scotia Bank 71480000914 Depository
Core-Mark International, Inc Scotia Bank 4052700104313 Depository
Core-Mark International, Inc Scotia Bank 714800001414 Depository
Core-Mark International, Inc Scotia Bank 714800011312 Depository
Core-Mark International, Inc Washington Trust Bank 1001823194 Depository
Core-Mark International, Inc Wells Fargo 4159287788 Depository
Core-Mark International, Inc Wells Fargo 4518099999 Depository
Core-Mark International, Inc Wells Fargo 4311848436 Depository
Core-Mark International, Inc Wells Fargo 4159555366 Depository
Core-Mark International, Inc Wells Fargo 4518100110 Depository
Core-Mark International, Inc Wells Fargo 4128523081 Depository
Core-Mark International, Inc Wells Fargo 4518100235 Depository
Core-Mark International, Inc Wells Fargo 4518100177 Depository
Core-Mark International, Inc Wells Fargo 4758355309 Depository
Core-Mark International, Inc Wells Fargo 4159688902 Depository
Core-Mark International, Inc Wells Fargo 4091220731 Depository
Core-Mark International, Inc Wells Fargo 4801900069 Depository
Core-Mark International, Inc Wells Fargo 4801908815 Depository
Core-Mark International, Inc Wells Fargo 4496851460 Depository
Core-Mark International, Inc Wells Fargo 4311848584 Disbursement
Core-Mark International, Inc Wells Fargo 4759613938 Disbursement
Core-Mark International, Inc Wells Fargo 4518110564 Disbursement
Core-Mark International, Inc Wells Fargo / Wachovia 540459849 Disbursement
Core-Mark International, Inc Wilson & Muir 7516436 Depository
FORM MOR - 1C
ACCOUNT
PETITIONING ENTITIES BANK NUMBER TYPE
- ---------------------------------------------------------------------------------------------------------------
Head Distributing Co. Bank Of America 3752010688 Depository
Head Distributing Co. Suntrust 8801337430 Depository
Head Distributing Co. Union Planters Bank 3500594164 Depository
Minter Weisman Bank of America 3299781296 Disbursement
Plymouth (minter weisman) US Bank 160234449926 Depository
Retail Investment, Inc. JP Morgan 860900985 Depository/Disbursement
FORM MOR - 1C
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 10/05/03 - 11/01/03
STATEMENT OF OPERATIONS (UNAUDITED) [1]
(DOLLARS IN 000'S)
OCTOBER 5, 2003 -
FLEMING COMPANIES, INC. & SUBSIDIARIES [2] NOVEMBER 1, 2003
- ---------------------------------------------------------------------------------------------
NET SALES $ 317,375
COSTS AND EXPENSES: [3]
Cost of sales (298,554)
Selling and administrative (13,128)
Reorganization items, net (461)
Interest expense (232)
Interest income and other 104
Impairment/restructuring charges (26)
Litigation charges -
- -----------------------------------------------------------------------------------------
TOTAL COSTS AND EXPENSES (312,297)
- -----------------------------------------------------------------------------------------
Income/(Loss) before income taxes 5,078
Taxes on income/(loss) -
- -----------------------------------------------------------------------------------------
INCOME/(LOSS) FROM CONTINUING OPERATIONS 5,078
- -----------------------------------------------------------------------------------------
DISCONTINUED OPERATIONS: [4]
Income/(Loss) before income taxes (59,684)
Taxes on income/(loss) -
- -----------------------------------------------------------------------------------------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS (59,684)
- -----------------------------------------------------------------------------------------
NET INCOME/(LOSS) $ (54,606)
- -----------------------------------------------------------------------------------------
NOTES
[1] Results of certain legal entities have been approximated to the 28 days
from October 5, 2003 through November 1, 2003. See additional detail
explanation on each Statement of Operations.
[2] Excludes ABCO Markets, Inc., ABCO Realty Corp., ASI Office Automation,
Inc., C/M Products, Inc., Fleming Foods Management Co., L.L.C., Fleming
Supermarkets of Florida, Inc., Food 4 Less Beverage Company, Inc.,
FuelServ, Inc., General Acceptance Corporation, Marquise Ventures
Company, Inc. and Retail Supermarkets, Inc. as these entities had no
activity during the period. In addition, no individual Statement of
Operations have been provided for these legal entities in the Monthly
Operating Report. The individual Statements of Operations for RFS
Marketing Services, Inc., Dunigan Fuels, Inc., Progressive Realty, Inc.
and ABCO Food Group, Inc were included, although they had no activity
in their Statements of Operations, because their balance sheets did
have activity and have been included in the Monthly Operating Report.
[3] Certain expenses are recorded each period using estimates, then
reviewed and adjusted at the end of a quarter (i.e., self-insurance
reserves, allowance for bad debts, etc.).
[4] Continuing Operations as of Period 11, 2003 includes only the
convenience business (or Core-Mark, including the Fleming 7). All other
businesses have been reclassified as Discontinued Operations as
required by SFAS 146.
FORM MOR - 2
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 10/05/03 - 11/01/03
STATEMENT OF OPERATIONS (UNAUDITED) [1] [2]
(DOLLARS IN 000'S)
OCTOBER 5, 2003 -
ABCO FOOD GROUP, INC. NOVEMBER 1, 2003
- ----------------------------------------------------------------------------------
NET SALES $ -
COSTS AND EXPENSES:
Cost of sales -
Selling and administrative -
Reorganization items, net -
Interest expense -
Interest income and other -
Impairment/restructuring charges -
Litigation charges -
- -----------------------------------------------------------------------------
TOTAL COSTS AND EXPENSES -
- -----------------------------------------------------------------------------
Income/(Loss) before income taxes -
Taxes on income/(loss) -
- -----------------------------------------------------------------------------
INCOME/(LOSS) FROM CONTINUING OPERATIONS -
- -----------------------------------------------------------------------------
DISCONTINUED OPERATIONS:
Income/(Loss) before income taxes -
Taxes on income/(loss) -
- -----------------------------------------------------------------------------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS -
- -----------------------------------------------------------------------------
NET INCOME/(LOSS) $ -
- -----------------------------------------------------------------------------
NOTES
[1] The period of results for this legal entity was for the 28 days ended
November 1, 2003.
[2] Refer to Fleming Companies, Inc. & Subsidiaries Statement of Operations
for all financial statement footnotes.
FORM MOR - 2
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 10/05/03 - 11/01/03
STATEMENT OF OPERATIONS (UNAUDITED) [1] [2]
(DOLLARS IN 000'S)
OCTOBER 1, 2003 -
CORE-MARK INTERNATIONAL, INC. OCTOBER 31, 2003
- ----------------------------------------------------------------------------
NET SALES $ 215,022
COSTS AND EXPENSES:
Cost of sales [3] (200,503)
Selling and administrative (7,297)
Reorganization items, net (461)
Interest expense (22)
Interest income and other 109
Impairment/restructuring charges (3)
Litigation charges -
- ------------------------------------------------------------------------
TOTAL COSTS AND EXPENSES (208,177)
- ------------------------------------------------------------------------
Income/(Loss) before income taxes 6,846
Taxes on income/(loss) -
- ------------------------------------------------------------------------
INCOME/(LOSS) FROM CONTINUING OPERATIONS 6,846
- ------------------------------------------------------------------------
DISCONTINUED OPERATIONS:
Income/(Loss) before income taxes -
Taxes on income/(loss) -
- ------------------------------------------------------------------------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS -
- ------------------------------------------------------------------------
NET INCOME/(LOSS) $ 6,846
- ------------------------------------------------------------------------
NOTES
[1] The period of results for this legal entity was for the 31 days ended
October 31, 2003; adjustments have been made to this Statement of
Operations to approximate results for the 28 days ended November 1,
2003.
[2] Refer to Fleming Companies, Inc. & Subsidiaries Statement of Operations
for all financial statement footnotes.
[3] This Statement of Operations for October includes an adjustment
reducing cost of sales by approximately $7 million as a correction to
the September Statement of Operations in the period 10 MOR.
FORM MOR - 2
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 10/05/03 - 11/01/03
STATEMENT OF OPERATIONS (UNAUDITED) [1] [2]
(DOLLARS IN 000'S)
OCTOBER 1, 2003 -
CORE-MARK INTERRELATED COMPANIES, INC. OCTOBER 31, 2003
- ----------------------------------------------------------------------
NET SALES $ 7,642
COSTS AND EXPENSES:
Cost of sales (7,363)
Selling and administrative (87)
Reorganization items, net -
Interest expense -
Interest income and other -
Impairment/restructuring charges -
Litigation charges -
- -----------------------------------------------------------------
TOTAL COSTS AND EXPENSES (7,450)
- -----------------------------------------------------------------
Income/(Loss) before income taxes 192
Taxes on income/(loss) -
- -----------------------------------------------------------------
INCOME/(LOSS) FROM CONTINUING OPERATIONS 192
- -----------------------------------------------------------------
DISCONTINUED OPERATIONS:
Income/(Loss) before income taxes -
Taxes on income/(loss) -
- -----------------------------------------------------------------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS -
- -----------------------------------------------------------------
NET INCOME/(LOSS) $ 192
- -----------------------------------------------------------------
NOTES
[1] The period of results for this legal entity was for the 31 days ended
October 31, 2003; adjustments have been made to this Statement of
Operations to approximate results for the 28 days ended November 1,
2003.
[2] Refer to Fleming Companies, Inc. & Subsidiaries Statement of Operations
for all financial statement footnotes.
FORM MOR - 2
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 10/05/03 - 11/01/03
STATEMENT OF OPERATIONS (UNAUDITED) [1] [2]
(DOLLARS IN 000'S)
OCTOBER 1, 2003 -
CORE-MARK MID-CONTINENT, INC. OCTOBER 31, 2003
- -------------------------------------------------------------------------
NET SALES $ 42,401
COSTS AND EXPENSES:
Cost of sales (40,947)
Selling and administrative (811)
Reorganization items, net -
Interest expense -
Interest income and other -
Impairment/restructuring charges -
Litigation charges -
- -------------------------------------------------------------------
TOTAL COSTS AND EXPENSES (41,758)
- -------------------------------------------------------------------
Income/(Loss) before income taxes 642
Taxes on income/(loss) -
- -------------------------------------------------------------------
INCOME/(LOSS) FROM CONTINUING OPERATIONS 642
- -------------------------------------------------------------------
DISCONTINUED OPERATIONS:
Income/(Loss) before income taxes -
Taxes on income/(loss) -
- -------------------------------------------------------------------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS -
- -------------------------------------------------------------------
NET INCOME/(LOSS) $ 642
- -------------------------------------------------------------------
NOTES
[1] The period of results for this legal entity was for the 31 days ended
October 31, 2003; adjustments have been made to this Statement of
Operations to approximate results for the 28 days ended November 1,
2003.
[2] Refer to Fleming Companies, Inc. & Subsidiaries Statement of Operations
for all financial statement footnotes.
FORM MOR - 2
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 10/05/03 - 11/01/03
STATEMENT OF OPERATIONS (UNAUDITED) [1] [2]
(DOLLARS IN 000'S)
OCTOBER 5, 2003 -
DUNIGAN FUELS, INC. NOVEMBER 1, 2003
- -------------------------------------------------------------------------------------------
NET SALES $ -
COSTS AND EXPENSES:
Cost of sales -
Selling and administrative -
Reorganization items, net -
Interest expense -
Interest income and other -
Impairment/restructuring charges -
Litigation charges -
- -------------------------------------------------------------------------------------------
TOTAL COSTS AND EXPENSES -
- -------------------------------------------------------------------------------------------
Income/(Loss) before income taxes -
Taxes on income/(loss) -
- -------------------------------------------------------------------------------------------
INCOME/(LOSS) FROM CONTINUING OPERATIONS -
- -------------------------------------------------------------------------------------------
DISCONTINUED OPERATIONS:
Income/(Loss) before income taxes -
Taxes on income/(loss) -
- -------------------------------------------------------------------------------------------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS -
- -------------------------------------------------------------------------------------------
NET INCOME/(LOSS) $ -
- -------------------------------------------------------------------------------------------
NOTES
[1] The period of results for this legal entity was for the 28 days ended
November 1, 2003.
[2] Refer to Fleming Companies, Inc. & Subsidiaries Statement of Operations for
all financial statement footnotes.
FORM MOR - 2
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 10/05/03 - 11/01/03
STATEMENT OF OPERATIONS (UNAUDITED) [1] [2]
(DOLLARS IN 000'S)
OCTOBER 5, 2003 -
FAVAR CONCEPTS, LTD NOVEMBER 1, 2003
- -------------------------------------------------------------------------------------------
NET SALES $ -
COSTS AND EXPENSES:
Cost of sales -
Selling and administrative -
Reorganization items, net -
Interest expense -
Interest income and other -
Impairment/restructuring charges -
Litigation charges -
- -------------------------------------------------------------------------------------------
TOTAL COSTS AND EXPENSES -
- -------------------------------------------------------------------------------------------
Income/(Loss) before income taxes -
Taxes on income/(loss) -
- -------------------------------------------------------------------------------------------
INCOME/(LOSS) FROM CONTINUING OPERATIONS -
- -------------------------------------------------------------------------------------------
DISCONTINUED OPERATIONS:
Income/(Loss) before income taxes (27)
Taxes on income/(loss) -
- -------------------------------------------------------------------------------------------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS (27)
- -------------------------------------------------------------------------------------------
NET INCOME/(LOSS) $ (27)
- -------------------------------------------------------------------------------------------
NOTES
[1] The period of results for this legal entity was for the 28 days ended
November 1, 2003.
[2] Refer to Fleming Companies, Inc. & Subsidiaries Statement of Operations for
all financial statement footnotes.
FORM MOR - 2
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 10/05/03 - 11/01/03
STATEMENT OF OPERATIONS (UNAUDITED) [1] [2]
(DOLLARS IN 000'S)
OCTOBER 5, 2003 -
FLEMING COMPANIES, INC. NOVEMBER 1, 2003
- -------------------------------------------------------------------------------------------
NET SALES $ 22,457
COSTS AND EXPENSES:
Cost of sales (21,671)
Selling and administrative (2,264)
Reorganization items, net -
Interest expense (210)
Interest income and other -
Impairment/restructuring charges (23)
Litigation charges -
- -------------------------------------------------------------------------------------------
TOTAL COSTS AND EXPENSES (24,169)
- -------------------------------------------------------------------------------------------
Income/(Loss) before income taxes (1,712)
Taxes on income/(loss) -
- -------------------------------------------------------------------------------------------
INCOME/(LOSS) FROM CONTINUING OPERATIONS (1,712)
- -------------------------------------------------------------------------------------------
DISCONTINUED OPERATIONS:
Income/(Loss) before income taxes (55,225)
Taxes on income/(loss) -
- -------------------------------------------------------------------------------------------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS (55,225)
- -------------------------------------------------------------------------------------------
NET INCOME/(LOSS) $ (56,937)
- -------------------------------------------------------------------------------------------
NOTES
[1] The period of results for the continuing operations of this legal entity
(four convenience divisions) was for the 31 days ended October 31, 2003;
adjustments have been made to this Statement of Operations to approximate
results for the 28 days ended November 1, 2003. The period of results for
the discontinued operations of this legal entity was for 28 days ended
November 1, 2003.
[2] Refer to Fleming Companies, Inc. & Subsidiaries Statement of Operations for
all financial statement footnotes.
FORM MOR - 2
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 10/05/03 - 11/01/03
STATEMENT OF OPERATIONS (UNAUDITED) [1] [2]
(DOLLARS IN 000'S)
OCTOBER 5, 2003 -
FLEMING FOODS OF TEXAS, L.P. NOVEMBER 1, 2003
- -------------------------------------------------------------------------------------------
NET SALES $ -
COSTS AND EXPENSES:
Cost of sales -
Selling and administrative -
Reorganization items, net -
Interest expense -
Interest income and other -
Impairment/restructuring charges -
Litigation charges -
- -------------------------------------------------------------------------------------------
TOTAL COSTS AND EXPENSES -
- -------------------------------------------------------------------------------------------
Income/(Loss) before income taxes -
Taxes on income/(loss) -
- -------------------------------------------------------------------------------------------
INCOME/(LOSS) FROM CONTINUING OPERATIONS -
- -------------------------------------------------------------------------------------------
DISCONTINUED OPERATIONS:
Income/(Loss) before income taxes (1,078)
Taxes on income/(loss) -
- -------------------------------------------------------------------------------------------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS (1,078)
- -------------------------------------------------------------------------------------------
NET INCOME/(LOSS) $ (1,078)
- -------------------------------------------------------------------------------------------
NOTES
[1] The period of results for this legal entity was for the 28 days ended
November 1, 2003.
[2] Refer to Fleming Companies, Inc. & Subsidiaries Statement of Operations for
all financial statement footnotes.
FORM MOR - 2
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 10/05/03 - 11/01/03
STATEMENT OF OPERATIONS (UNAUDITED) [1] [2]
(DOLLARS IN 000'S)
OCTOBER 5, 2003 -
FLEMING INTERNATIONAL, LTD NOVEMBER 1, 2003
- -------------------------------------------------------------------------------------------
NET SALES $ -
COSTS AND EXPENSES:
Cost of sales -
Selling and administrative -
Reorganization items, net -
Interest expense -
Interest income and other -
Impairment/restructuring charges -
Litigation charges -
- -------------------------------------------------------------------------------------------
TOTAL COSTS AND EXPENSES -
- -------------------------------------------------------------------------------------------
Income/(Loss) before income taxes -
Taxes on income/(loss) -
- -------------------------------------------------------------------------------------------
INCOME/(LOSS) FROM CONTINUING OPERATIONS -
- -------------------------------------------------------------------------------------------
DISCONTINUED OPERATIONS:
Income/(Loss) before income taxes 36
Taxes on income/(loss) -
- -------------------------------------------------------------------------------------------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS 36
- -------------------------------------------------------------------------------------------
NET INCOME/(LOSS) $ 36
- -------------------------------------------------------------------------------------------
NOTES
[1] The period of results for this legal entity was for the 28 days ended
November 1, 2003.
[2] Refer to Fleming Companies, Inc. & Subsidiaries Statement of Operations for
all financial statement footnotes.
FORM MOR - 2
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 10/05/03 - 11/01/03
STATEMENT OF OPERATIONS (UNAUDITED) [1] [2]
(DOLLARS IN 000'S)
OCTOBER 5, 2003 -
FLEMING TRANSPORTATION SERVICES, INC. NOVEMBER 1, 2003
- -------------------------------------------------------------------------------------------
NET SALES $ -
COSTS AND EXPENSES:
Cost of sales -
Selling and administrative -
Reorganization items, net -
Interest expense -
Interest income and other -
Impairment/restructuring charges -
Litigation charges -
- -------------------------------------------------------------------------------------------
TOTAL COSTS AND EXPENSES -
- -------------------------------------------------------------------------------------------
Income/(Loss) before income taxes -
Taxes on income/(loss) -
- -------------------------------------------------------------------------------------------
INCOME/(LOSS) FROM CONTINUING OPERATIONS -
- -------------------------------------------------------------------------------------------
DISCONTINUED OPERATIONS:
Income/(Loss) before income taxes (87)
Taxes on income/(loss) -
- -------------------------------------------------------------------------------------------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS (87)
- -------------------------------------------------------------------------------------------
NET INCOME/(LOSS) $ (87)
- -------------------------------------------------------------------------------------------
NOTES
[1] The period of results for this legal entity was for the 28 days ended
November 1, 2003.
[2] Refer to Fleming Companies, Inc. & Subsidiaries Statement of Operations for
all financial statement footnotes.
FORM MOR - 2
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 10/05/03 - 11/01/03
STATEMENT OF OPERATIONS (UNAUDITED) [1] [2]
(DOLLARS IN 000'S)
OCTOBER 1, 2003 -
HEAD DISTRIBUTING COMPANY OCTOBER 31, 2003
- -------------------------------------------------------------------------------------------
NET SALES $ 7,292
COSTS AND EXPENSES:
Cost of sales (7,117)
Selling and administrative (1,005)
Reorganization items, net -
Interest expense -
Interest income and other 1
Impairment/restructuring charges -
Litigation charges -
- -------------------------------------------------------------------------------------------
TOTAL COSTS AND EXPENSES (8,122)
- -------------------------------------------------------------------------------------------
Income/(Loss) before income taxes (830)
Taxes on income/(loss) -
- -------------------------------------------------------------------------------------------
INCOME/(LOSS) FROM CONTINUING OPERATIONS (830)
- -------------------------------------------------------------------------------------------
DISCONTINUED OPERATIONS:
Income/(Loss) before income taxes -
Taxes on income/(loss) -
- -------------------------------------------------------------------------------------------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS -
- -------------------------------------------------------------------------------------------
NET INCOME/(LOSS) $ (830)
- -------------------------------------------------------------------------------------------
NOTES
[1] The period of results for this legal entity was for the 31 days ended
October 31, 2003; adjustments have been made to this Statement of
Operations to approximate results for the 28 days ended November 1, 2003.
[2] Refer to Fleming Companies, Inc. & Subsidiaries Statement of Operations for
all financial statement footnotes.
FORM MOR - 2
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 10/05/03 - 11/01/03
STATEMENT OF OPERATIONS (UNAUDITED) [1] [2]
(DOLLARS IN 000'S)
OCTOBER 1, 2003 -
MINTER-WEISMAN CO. OCTOBER 31, 2003
- -------------------------------------------------------------------------------------------
NET SALES $ 22,561
COSTS AND EXPENSES:
Cost of sales (20,953)
Selling and administrative (1,664)
Reorganization items, net -
Interest expense -
Interest income and other (5)
Impairment/restructuring charges -
Litigation charges -
- -------------------------------------------------------------------------------------------
TOTAL COSTS AND EXPENSES (22,622)
- -------------------------------------------------------------------------------------------
Income/(Loss) before income taxes (61)
Taxes on income/(loss) -
- -------------------------------------------------------------------------------------------
INCOME/(LOSS) FROM CONTINUING OPERATIONS (61)
- -------------------------------------------------------------------------------------------
DISCONTINUED OPERATIONS:
Income/(Loss) before income taxes -
Taxes on income/(loss) -
- -------------------------------------------------------------------------------------------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS -
- -------------------------------------------------------------------------------------------
NET INCOME/(LOSS) $ (61)
- -------------------------------------------------------------------------------------------
NOTES
[1] The period of results for this legal entity was for the 31 days ended
October 31, 2003; adjustments have been made to this Statement of
Operations to approximate results for the 28 days ended November 1, 2003.
[2] Refer to Fleming Companies, Inc. & Subsidiaries Statement of Operations for
all financial statement footnotes.
FORM MOR - 2
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 10/05/03 - 11/01/03
STATEMENT OF OPERATIONS (UNAUDITED) [1] [2]
(DOLLARS IN 000'S)
OCTOBER 5, 2003 -
PIGGLY WIGGLY COMPANY NOVEMBER 1, 2003
- -------------------------------------------------------------------------------------------
NET SALES $ -
COSTS AND EXPENSES:
Cost of sales -
Selling and administrative -
Reorganization items, net -
Interest expense -
Interest income and other -
Impairment/restructuring charges -
Litigation charges -
- -------------------------------------------------------------------------------------------
TOTAL COSTS AND EXPENSES -
- -------------------------------------------------------------------------------------------
Income/(Loss) before income taxes -
Taxes on income/(loss) -
- -------------------------------------------------------------------------------------------
INCOME/(LOSS) FROM CONTINUING OPERATIONS -
- -------------------------------------------------------------------------------------------
DISCONTINUED OPERATIONS:
Income/(Loss) before income taxes (67)
Taxes on income/(loss) -
- -------------------------------------------------------------------------------------------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS (67)
- -------------------------------------------------------------------------------------------
NET INCOME/(LOSS) $ (67)
- -------------------------------------------------------------------------------------------
NOTES
[1] The period of results for this legal entity was for the 28 days ended
November 1, 2003.
[2] Refer to Fleming Companies, Inc. & Subsidiaries Statement of Operations for
all financial statement footnotes.
FORM MOR - 2
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 10/05/03 - 11/01/03
STATEMENT OF OPERATIONS (UNAUDITED) [1] [2]
(DOLLARS IN 000'S)
OCTOBER 5, 2003 -
PROGRESSIVE REALTY, INC. NOVEMBER 1, 2003
- -------------------------------------------------------------------------------------------
NET SALES $ -
COSTS AND EXPENSES:
Cost of sales -
Selling and administrative -
Reorganization items, net -
Interest expense -
Interest income and other -
Impairment/restructuring charges -
Litigation charges -
- -------------------------------------------------------------------------------------------
TOTAL COSTS AND EXPENSES -
- -------------------------------------------------------------------------------------------
Income/(Loss) before income taxes -
Taxes on income/(loss) -
- -------------------------------------------------------------------------------------------
INCOME/(LOSS) FROM CONTINUING OPERATIONS -
- -------------------------------------------------------------------------------------------
DISCONTINUED OPERATIONS:
Income/(Loss) before income taxes -
Taxes on income/(loss) -
- -------------------------------------------------------------------------------------------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS -
- -------------------------------------------------------------------------------------------
NET INCOME/(LOSS) $ -
- -------------------------------------------------------------------------------------------
NOTES
[1] The period of results for this legal entity was for the 28 days ended
November 1, 2003.
[2] Refer to Fleming Companies, Inc. & Subsidiaries Statement of Operations for
all financial statement footnotes.
FORM MOR - 2
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 10/05/03 - 11/01/03
STATEMENT OF OPERATIONS (UNAUDITED) [1] [2]
(DOLLARS IN 000'S)
OCTOBER 5, 2003 -
RAINBOW FOOD GROUP, INC. NOVEMBER 1, 2003
- -------------------------------------------------------------------------------------------
NET SALES $ -
COSTS AND EXPENSES:
Cost of sales -
Selling and administrative -
Reorganization items, net -
Interest expense -
Interest income and other -
Impairment/restructuring charges -
Litigation charges -
- -------------------------------------------------------------------------------------------
TOTAL COSTS AND EXPENSES -
- -------------------------------------------------------------------------------------------
Income/(Loss) before income taxes -
Taxes on income/(loss) -
- -------------------------------------------------------------------------------------------
INCOME/(LOSS) FROM CONTINUING OPERATIONS -
- -------------------------------------------------------------------------------------------
DISCONTINUED OPERATIONS:
Income/(Loss) before income taxes (1,372)
Taxes on income/(loss) -
- -------------------------------------------------------------------------------------------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS (1,372)
- -------------------------------------------------------------------------------------------
NET INCOME/(LOSS) $ (1,372)
- -------------------------------------------------------------------------------------------
NOTES
[1] The period of results for this legal entity was for the 28 days ended
November 1, 2003.
[2] Refer to Fleming Companies, Inc. & Subsidiaries Statement of Operations for
all financial statement footnotes.
FORM MOR - 2
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 10/05/03 - 11/01/03
STATEMENT OF OPERATIONS (UNAUDITED) [1] [2]
(DOLLARS IN 000'S)
OCTOBER 5, 2003 -
RETAIL INVESTMENTS, INC. NOVEMBER 1, 2003
- -------------------------------------------------------------------------------------------
NET SALES $ -
COSTS AND EXPENSES:
Cost of sales -
Selling and administrative -
Reorganization items, net -
Interest expense -
Interest income and other -
Impairment/restructuring charges -
Litigation charges -
- -------------------------------------------------------------------------------------------
TOTAL COSTS AND EXPENSES -
- -------------------------------------------------------------------------------------------
Income/(Loss) before income taxes -
Taxes on income/(loss) -
- -------------------------------------------------------------------------------------------
INCOME/(LOSS) FROM CONTINUING OPERATIONS -
- -------------------------------------------------------------------------------------------
DISCONTINUED OPERATIONS:
Income/(Loss) before income taxes (1)
Taxes on income/(loss) -
- -------------------------------------------------------------------------------------------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS (1)
- -------------------------------------------------------------------------------------------
NET INCOME/(LOSS) $ (1)
- -------------------------------------------------------------------------------------------
NOTES
[1] The period of results for this legal entity was for the 28 days ended
November 1, 2003.
[2] Refer to Fleming Companies, Inc. & Subsidiaries Statement of Operations for
all financial statement footnotes.
FORM MOR - 2
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 10/05/03 - 11/01/03
STATEMENT OF OPERATIONS (UNAUDITED) [1] [2]
(DOLLARS IN 000'S)
OCTOBER 5, 2003 -
RFS MARKETING SERVICES, INC. NOVEMBER 1, 2003
- -------------------------------------------------------------------------------------------
NET SALES $ -
COSTS AND EXPENSES:
Cost of sales -
Selling and administrative -
Reorganization items, net -
Interest expense -
Interest income and other -
Impairment/restructuring charges -
Litigation charges -
- -------------------------------------------------------------------------------------------
TOTAL COSTS AND EXPENSES -
- -------------------------------------------------------------------------------------------
Income/(Loss) before income taxes -
Taxes on income/(loss) -
- -------------------------------------------------------------------------------------------
INCOME/(LOSS) FROM CONTINUING OPERATIONS -
- -------------------------------------------------------------------------------------------
DISCONTINUED OPERATIONS:
Income/(Loss) before income taxes -
Taxes on income/(loss) -
- -------------------------------------------------------------------------------------------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS -
- -------------------------------------------------------------------------------------------
NET INCOME/(LOSS) $ -
- -------------------------------------------------------------------------------------------
NOTES
[1] The period of results for this legal entity was for the 28 days ended
November 1, 2003.
[2] Refer to Fleming Companies, Inc. & Subsidiaries Statement of Operations for
all financial statement footnotes.
FORM MOR - 2
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 10/05/03 - 11/01/03
STATEMENT OF OPERATIONS (UNAUDITED) [1] [2]
(DOLLARS IN 000'S)
OCTOBER 5, 2003 -
RICHMAR FOODS, INC. NOVEMBER 1, 2003
- ------------------------------------------------------------------------------
NET SALES $ -
COSTS AND EXPENSES:
Cost of sales -
Selling and administrative -
Reorganization items, net -
Interest expense -
Interest income and other -
Impairment/restructuring charges -
Litigation charges -
- -----------------------------------------------------------------------
TOTAL COSTS AND EXPENSES -
- -----------------------------------------------------------------------
Income/(Loss) before income taxes -
Taxes on income/(loss) -
- -----------------------------------------------------------------------
INCOME/(LOSS) FROM CONTINUING OPERATIONS -
- -----------------------------------------------------------------------
DISCONTINUED OPERATIONS:
Income/(Loss) before income taxes (1,863)
Taxes on income/(loss) -
- -----------------------------------------------------------------------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS (1,863)
- -----------------------------------------------------------------------
NET INCOME/(LOSS) $(1,863)
- -----------------------------------------------------------------------
NOTES
[1] The period of results for this legal entity was for the 28 days ended
November 1, 2003.
[2] Refer to Fleming Companies, Inc. & Subsidiaries Statement of Operations for
all financial statement footnotes.
FORM MOR - 2
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 10/05/03 - 11/01/03
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
AS OF
FLEMING COMPANIES, INC. & SUBSIDIARIES [2] NOVEMBER 1, 2003
- ----------------------------------------------------------------------------------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ 672,227
Receivables, net [3] 580,214
Inventories 152,729
Assets held for sale [4] 1,612
Other current assets 29,254
- ----------------------------------------------------------------------------------------
TOTAL CURRENT ASSETS 1,436,036
- ----------------------------------------------------------------------------------------
Investments and notes receivable, net 2,103
Investment in direct financing leases 6,633
- ----------------------------------------------------------------------------------------
Net property and equipment 50,210
- ----------------------------------------------------------------------------------------
Other assets [14] 59,901
- ----------------------------------------------------------------------------------------
TOTAL ASSETS $ 1,554,883
- ----------------------------------------------------------------------------------------
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable [3] $ 187,373
Liabilities held for sale -
Other current liabilities [13] [14] 14,581
- ----------------------------------------------------------------------------------------
TOTAL CURRENT LIABILITIES 201,954
- ----------------------------------------------------------------------------------------
Long-term debt -
Long-term obligations under capital leases [13] 7,818
Other liabilities 17,308
Liabilities subject to compromise [5] [6] 2,902,764
Net intercompany due to (from) [7] 2,474
SHAREHOLDERS' EQUITY:
Common stock, $2.50 par value per share 136,221
Capital in excess of par value 710,622
Reinvested earnings (deficit) (2,297,159)
Accumulated other comprehensive income:
Additional minimum pension liability (129,215)
Cumulative foreign currency translation adjustment 2,096
- ----------------------------------------------------------------------------------------
TOTAL SHAREHOLDERS' EQUITY $ (1,577,435)
- ----------------------------------------------------------------------------------------
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,554,883
- ----------------------------------------------------------------------------------------
FORM MOR - 3
LIABILITIES SUBJECT TO COMPROMISE [5] [6]
Debt and notes payable [8] [9] $ 1,878,996
Accounts payable [10] [15] 623,478
Closed store reserves [11] 48,719
Other liabilities [10] [16] 113,441
Pension obligation [12] [17] 220,173
Taxes payable [10] [18] 17,957
----------------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 2,902,764
GENERAL
[1] The period close for certain legal entities was as of November 1, 2003.
Others had a period close of October 31, 2003. See additional explanation
on each legal entity's Balance Sheet.
[2] Excludes ABCO Markets, Inc., ABCO Realty Corp., ASI Office Automation,
Inc., C/M Products, Inc., Fleming Foods Management Co., L.L.C., Fleming
Supermarkets of Florida, Inc., Food 4 Less Beverage Company, Inc.,
FuelServ, Inc., General Acceptance Corporation, Marquise Ventures Company,
Inc. and Retail Supermarkets, Inc. as these entities had no ending balances
as of period close. In addition, no individual Balance Sheets have been
provided for these entities in the Monthly Operating Report.
[3] The accounts payable balance as of November 1, 2003 includes accounts due
from customers as well as vendor deductions for PRADS, military,
advertising and other vendor related deductions. In previous periods, the
Company reclassified the net debit balances, for each legal entity, from
accounts payable to accounts receivable. As vendor detail information has
been reconciled, the Company has reclassified the net debit balances
identifiable by vendor for each legal entity. The Company continues to
reconcile such information and additional adjustments are expected in
future periods. No amount has currently been reserved for receivables from
vendors. Fleming continues to evaluate the recoverability of its customer
accounts receivable.
[4] Continuing Operations as of Period 11, 2003 includes only the convenience
business (Core-Mark, including the Fleming 7). Assets of all other
businesses have been reclassified as Assets Held for Sale and liabilities
as Liabilities Held for Sale as required by SFAS 146.
[5] Liabilities Subject to Compromise is comprised of prepetition long-term
debt, accounts payable, closed store reserves, other liabilities, pension
obligation and taxes payable. The Company continues to reconcile its
liabilities subject to compromise and anticipates additional adjustments
will be made in future periods. Additionally, the Company believes that an
accounting entry was double-booked in periods prior to Period 10. A
correcting entry was been made on a cumulative basis in Period 10. See
additional explanations on each legal entity's balance sheet.
[6] The Company may have paid certain prepetition liabilities. Not all payments
made related to prepetition debts are reflected in the Liabilities Subject
to Compromise. As a result, the Liabilities Subject to Compromise may be
overstated.
[7] The Net Intercompany Due To (From) line on the entity level balance sheets
(except for Fleming Companies, Inc.) will also include that entity's net
equity.
[8] The senior notes, convertible notes, and senior subordinated notes are
guaranteed by substantially all of Fleming's wholly-owned direct and
indirect subsidiaries. The guarantees are joint and several, full, complete
and unconditional. Within the Monthly Operating Report all related amounts
are reflected on the Fleming Companies, Inc. balance sheet.
FLEMING ENTITIES
[9] Debt and notes payable includes bonds, revolver and term Loan and related
accrued interest. The debt and notes payable (excluding accrued interest)
are period 11 balances. Accrued interest relates to all prepetition debt
included in Liabilities Subject to Compromise.
[10] Accounts payable includes trade payables and accrued expenses. Retailer
incentives (previously in accounts payable) have been reclassified to
accounts receivable as of period 11. Other liabilities includes accrued
compensation, accrued severance, union pension withdrawal liabilities,
other current liabilities, deferred income, and other long-term
liabilities. Taxes payable includes income taxes and taxes other than
income. Cigarette taxes payable is included in accounts payable. The
balances for these accounts resulted from an ongoing review of these
accounts. The Company continues to reconcile these accounts and additional
adjustments are expected in future periods. See also footnote 3 above.
[11] Closed store reserves are period 11 balances.
[12] Pension obligation is a period 11 balance.
[13] Net balances for capital leases do not include an amount for estimated
damages related to the Debtors' bankruptcy filing.
[14] Debt issuance cost and deferred SWAP income balances related to long-term
debt were written off during period 11.
CORE-MARK ENTITIES
[15] Accounts payable includes trade payables and accrued expenses. Accounts
payable represents a review of the accounts payable trial balance. See also
footnote 3 above.
[16] Other liabilities, which include accrued compensation, other current
liabilities and other long-term liabilities, represent a review of the
applicable balance sheet account.
[17] Pension obligation is a period 11 balance.
[18] Taxes payable includes income taxes and taxes other than income. Income tax
liability and taxes other than income represent a review of the applicable
balance sheet accounts. Cigarette taxes payable is included in accounts
payable.
FORM MOR - 3
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 10/05/03 - 11/01/03
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
AS OF
ABCO FOOD GROUP, INC. NOVEMBER 1, 2003
- ----------------------------------------------------------------------------------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ -
Receivables, net -
Inventories -
Assets held for sale -
Other current assets 3
- -----------------------------------------------------------------------------------
TOTAL CURRENT ASSETS 3
- -----------------------------------------------------------------------------------
Investments and notes receivable, net -
Investment in direct financing leases -
- -----------------------------------------------------------------------------------
Net property and equipment -
- -----------------------------------------------------------------------------------
Other assets 2
- -----------------------------------------------------------------------------------
TOTAL ASSETS $ 5
- -----------------------------------------------------------------------------------
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ -
Liabilities held for sale -
Other current liabilities -
- -----------------------------------------------------------------------------------
TOTAL CURRENT LIABILITIES -
- -----------------------------------------------------------------------------------
Long-term debt -
Long-term obligations under capital leases -
Other liabilities -
Liabilities subject to compromise 1,302
Net intercompany due to (from) (1,297)
SHAREHOLDERS' EQUITY:
Common stock, $2.50 par value per share -
Capital in excess of par value -
Reinvested earnings (deficit) -
Accumulated other comprehensive income:
Additional minimum pension liability -
Cumulative foreign currency translation adjustment -
- -----------------------------------------------------------------------------------
TOTAL SHAREHOLDERS' EQUITY $ -
- -----------------------------------------------------------------------------------
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 5
- -----------------------------------------------------------------------------------
LIABILITIES SUBJECT TO COMPROMISE [2]
Debt and notes payable $ -
Accounts payable -
Closed store reserves -
Other liabilities 1,302
Pension obligation -
Taxes payable -
--------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 1,302
NOTES
[1] Refer to Fleming Companies, Inc. & Subsidiaries Balance Sheet for all
financial statement footnotes.
[2] The period close for this legal entity was November 1, 2003; therefore all
liabilities were reviewed with prepetition amounts reclassified as
Liabilities Subject to Compromise. Estimates were made on certain accounts
where the breakout was not determinable.
FORM MOR - 3
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 10/05/03 - 11/01/03
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
AS OF
CORE-MARK INTERNATIONAL, INC. OCTOBER 31, 2003
- ----------------------------------------------------------------------------------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ 78,994
Receivables, net 148,190
Inventories 86,225
Assets held for sale -
Other current assets 22,165
- ----------------------------------------------------------------------------------------
TOTAL CURRENT ASSETS 335,574
- ----------------------------------------------------------------------------------------
Investments and notes receivable, net -
Investment in direct financing leases -
- ----------------------------------------------------------------------------------------
Net property and equipment 19,950
- ----------------------------------------------------------------------------------------
Other assets 44,062
- ----------------------------------------------------------------------------------------
TOTAL ASSETS $ 399,586
- ----------------------------------------------------------------------------------------
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ 92,713
Liabilities held for sale -
Other current liabilities 6,416
- ----------------------------------------------------------------------------------------
TOTAL CURRENT LIABILITIES 99,129
- ----------------------------------------------------------------------------------------
Long-term debt -
Long-term obligations under capital leases -
Other liabilities 2,989
Liabilities subject to compromise 114,189
Net intercompany due to (from) 183,279
SHAREHOLDERS' EQUITY:
Common stock, $2.50 par value per share -
Capital in excess of par value -
Reinvested earnings (deficit) -
Accumulated other comprehensive income:
Additional minimum pension liability -
Cumulative foreign currency translation adjustment -
- ----------------------------------------------------------------------------------------
TOTAL SHAREHOLDERS' EQUITY $ -
- ----------------------------------------------------------------------------------------
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 399,586
- ----------------------------------------------------------------------------------------
LIABILITIES SUBJECT TO COMPROMISE [2]
Debt and notes payable $ -
Accounts payable 106,436
Closed store reserves -
Other liabilities -
Pension obligation 5,578
Taxes payable 2,175
----------------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 114,189
NOTES
[1] Refer to Fleming Companies, Inc. & Subsidiaries Balance Sheet for all
financial statement footnotes.
[2] All liabilities were reclassified as Liabilities Subject to Compromise as
of March 31, 2003 (period 4) except for specific postpetition liabilities,
primarily payroll related. Adjustments were made in period 11 as necessary.
FORM MOR - 3
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 10/05/03 - 11/01/03
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
AS OF
CORE-MARK INTERRELATED COMPANIES, INC. OCTOBER 31, 2003
- ----------------------------------------------------------------------------------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ 2
Receivables, net 2,690
Inventories 8,892
Assets held for sale -
Other current assets 49
- ------------------------------------------------------------------------------------
TOTAL CURRENT ASSETS 11,633
- ------------------------------------------------------------------------------------
Investments and notes receivable, net -
Investment in direct financing leases -
- ------------------------------------------------------------------------------------
Net property and equipment 314
- ------------------------------------------------------------------------------------
Other assets -
- ------------------------------------------------------------------------------------
TOTAL ASSETS $ 11,947
- ------------------------------------------------------------------------------------
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ 1,382
Liabilities held for sale -
Other current liabilities 52
- ------------------------------------------------------------------------------------
TOTAL CURRENT LIABILITIES 1,434
- ------------------------------------------------------------------------------------
Long-term debt -
Long-term obligations under capital leases -
Other liabilities -
Liabilities subject to compromise 5,102
Net intercompany due to (from) 5,411
SHAREHOLDERS' EQUITY:
Common stock, $2.50 par value per share -
Capital in excess of par value -
Reinvested earnings (deficit) -
Accumulated other comprehensive income:
Additional minimum pension liability -
Cumulative foreign currency translation adjustment -
- ------------------------------------------------------------------------------------
TOTAL SHAREHOLDERS' EQUITY $ -
- ------------------------------------------------------------------------------------
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 11,947
- ------------------------------------------------------------------------------------
LIABILITIES SUBJECT TO COMPROMISE [2]
Debt and notes payable $ -
Accounts payable 5,102
Closed store reserves -
Other liabilities -
Pension obligation -
Taxes payable -
---------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 5,102
NOTES
[1] Refer to Fleming Companies, Inc. & Subsidiaries Balance Sheet for all
financial statement footnotes.
[2] All liabilities were reclassified as Liabilities Subject to Compromise as
of March 31, 2003 (period 4) except for specific postpetition liabilities,
primarily payroll related. Adjustments were made in period 11 as necessary.
FORM MOR - 3
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 10/05/03 - 11/01/03
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
AS OF
CORE-MARK MID-CONTINENT, INC. OCTOBER 31, 2003
- ----------------------------------------------------------------------------------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ 62
Receivables, net 24,858
Inventories 20,993
Assets held for sale -
Other current assets 1,540
- ------------------------------------------------------------------------------------
TOTAL CURRENT ASSETS 47,453
- ------------------------------------------------------------------------------------
Investments and notes receivable, net -
Investment in direct financing leases -
- ------------------------------------------------------------------------------------
Net property and equipment 11,714
- ------------------------------------------------------------------------------------
Other assets 2,734
- ------------------------------------------------------------------------------------
TOTAL ASSETS $ 61,901
- ------------------------------------------------------------------------------------
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ 11,707
Liabilities held for sale -
Other current liabilities 847
- ------------------------------------------------------------------------------------
TOTAL CURRENT LIABILITIES 12,554
- ------------------------------------------------------------------------------------
Long-term debt -
Long-term obligations under capital leases -
Other liabilities -
Liabilities subject to compromise 7,033
Net intercompany due to (from) 42,314
SHAREHOLDERS' EQUITY:
Common stock, $2.50 par value per share -
Capital in excess of par value -
Reinvested earnings (deficit) -
Accumulated other comprehensive income:
Additional minimum pension liability -
Cumulative foreign currency translation adjustment -
- ------------------------------------------------------------------------------------
TOTAL SHAREHOLDERS' EQUITY $ -
- ------------------------------------------------------------------------------------
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 61,901
- ------------------------------------------------------------------------------------
LIABILITIES SUBJECT TO COMPROMISE [2]
Debt and notes payable $ -
Accounts payable 7,033
Closed store reserves -
Other liabilities -
Pension obligation -
Taxes payable -
---------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 7,033
NOTE
[1] Refer to Fleming Companies, Inc. & Subsidiaries Balance Sheet for all
financial statement footnotes.
[2] All liabilities were reclassified as Liabilities Subject to Compromise as
of March 31, 2003 (period 4) except for specific postpetition liabilities,
primarily payroll related. Adjustments were made in period 11 as necessary.
FORM MOR - 3
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 10/05/03 - 11/01/03
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
AS OF
DUNIGAN FUELS, INC. NOVEMBER 1, 2003
- ----------------------------------------------------------------------------------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ -
Receivables, net 2,733
Inventories -
Assets held for sale -
Other current assets -
- ------------------------------------------------------------------------------------
TOTAL CURRENT ASSETS 2,733
- ------------------------------------------------------------------------------------
Investments and notes receivable, net -
Investment in direct financing leases -
- ------------------------------------------------------------------------------------
Net property and equipment -
- ------------------------------------------------------------------------------------
Other assets -
- ------------------------------------------------------------------------------------
TOTAL ASSETS $ 2,733
- ------------------------------------------------------------------------------------
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ -
Liabilities held for sale -
Other current liabilities -
- ------------------------------------------------------------------------------------
TOTAL CURRENT LIABILITIES -
- ------------------------------------------------------------------------------------
Long-term debt -
Long-term obligations under capital leases -
Other liabilities 172
Liabilities subject to compromise 8,569
Net intercompany due to (from) (6,008)
SHAREHOLDERS' EQUITY:
Common stock, $2.50 par value per share -
Capital in excess of par value -
Reinvested earnings (deficit) -
Accumulated other comprehensive income:
Additional minimum pension liability -
Cumulative foreign currency translation adjustment -
- ------------------------------------------------------------------------------------
TOTAL SHAREHOLDERS' EQUITY $ -
- ------------------------------------------------------------------------------------
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 2,733
- ------------------------------------------------------------------------------------
LIABILITIES SUBJECT TO COMPROMISE [2]
Debt and notes payable $ -
Accounts payable 8,569
Closed store reserves -
Other liabilities -
Pension obligation -
Taxes payable -
---------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 8,569
NOTES
[1] Refer to Fleming Companies, Inc. & Subsidiaries Balance Sheet for all
financial statement footnotes.
[2] The period close for this legal entity was November 1, 2003; therefore all
liabilities were reviewed with prepetition amounts reclassified as
Liabilities Subject to Compromise. Estimates were made on certain accounts
where the breakout was not determinable.
FORM MOR - 3
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 10/05/03 - 11/01/03
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
AS OF
FAVAR CONCEPTS, LTD NOVEMBER 1, 2003
- ----------------------------------------------------------------------------------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ -
Receivables, net -
Inventories -
Assets held for sale -
Other current assets -
- ------------------------------------------------------------------------------------
TOTAL CURRENT ASSETS -
- ------------------------------------------------------------------------------------
Investments and notes receivable, net -
Investment in direct financing leases -
- ------------------------------------------------------------------------------------
Net property and equipment -
- ------------------------------------------------------------------------------------
Other assets -
- ------------------------------------------------------------------------------------
TOTAL ASSETS $ -
- ------------------------------------------------------------------------------------
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ -
Liabilities held for sale -
Other current liabilities -
- ------------------------------------------------------------------------------------
TOTAL CURRENT LIABILITIES -
- ------------------------------------------------------------------------------------
Long-term debt -
Long-term obligations under capital leases -
Other liabilities -
Liabilities subject to compromise 552
Net intercompany due to (from) (552)
SHAREHOLDERS' EQUITY:
Common stock, $2.50 par value per share -
Capital in excess of par value -
Reinvested earnings (deficit) -
Accumulated other comprehensive income:
Additional minimum pension liability -
Cumulative foreign currency translation adjustment -
- ------------------------------------------------------------------------------------
TOTAL SHAREHOLDERS' EQUITY $ -
- ------------------------------------------------------------------------------------
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ -
- ------------------------------------------------------------------------------------
LIABILITIES SUBJECT TO COMPROMISE [2]
Debt and notes payable $ -
Accounts payable 552
Closed store reserves -
Other liabilities -
Pension obligation -
Taxes payable -
---------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 552
NOTES
[1] Refer to Fleming Companies, Inc. & Subsidiaries Balance Sheet for all
financial statement footnotes.
[2] The period close for this legal entity was November 1, 2003; therefore all
liabilities were reviewed with prepetition amounts reclassified as
Liabilities Subject to Compromise. Estimates were made on certain accounts
where the breakout was not determinable.
FORM MOR - 3
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 10/05/03 - 11/01/03
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
AS OF
FLEMING COMPANIES, INC. NOVEMBER 1, 2003
- ----------------------------------------------------------------------------------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ 592,679
Receivables, net 326,235
Inventories 16,078
Assets held for sale 1,612
Other current assets 12,896
- ----------------------------------------------------------------------------------------
TOTAL CURRENT ASSETS 949,500
- ----------------------------------------------------------------------------------------
Investments and notes receivable, net 2,103
Investment in direct financing leases 6,633
- ----------------------------------------------------------------------------------------
Net property and equipment 12,536
- ----------------------------------------------------------------------------------------
Other assets 12,482
- ----------------------------------------------------------------------------------------
TOTAL ASSETS $ 983,254
- ----------------------------------------------------------------------------------------
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ 64,516
Liabilities held for sale -
Other current liabilities 3,837
- ----------------------------------------------------------------------------------------
TOTAL CURRENT LIABILITIES 68,353
- ----------------------------------------------------------------------------------------
Long-term debt -
Long-term obligations under capital leases 7,818
Other liabilities 13,933
Liabilities subject to compromise 2,689,651
Net intercompany due to (from) (219,066)
SHAREHOLDERS' EQUITY:
Common stock, $2.50 par value per share 136,221
Capital in excess of par value 710,622
Reinvested earnings (deficit) (2,297,159)
Accumulated other comprehensive income:
Additional minimum pension liability (129,215)
Cumulative foreign currency translation adjustment 2,096
- ----------------------------------------------------------------------------------------
TOTAL SHAREHOLDERS' EQUITY $ (1,577,435)
- ----------------------------------------------------------------------------------------
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 983,254
- ----------------------------------------------------------------------------------------
LIABILITIES SUBJECT TO COMPROMISE [2]
Debt and notes payable $ 1,878,996
Accounts payable 425,370
Closed store reserves 48,719
Other liabilities 107,439
Pension obligation 214,595
Taxes payable 14,532
----------------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 2,689,651
NOTES
[1] Refer to Fleming Companies, Inc. & Subsidiaries Balance Sheet for all
financial statement footnotes.
[2] The period close for the continuing operations of this legal entity (four
convenience divisions) was as of October 31, 2003, and for the discontinued
operations as of November 1, 2003; therefore all liabilities were reviewed
with prepetition amounts reclassified as Liabilities Subject to Compromise.
Estimates were made on certain accounts where the breakout was not
determinable.
FORM MOR - 3
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 10/05/03 - 11/01/03
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
AS OF
FLEMING FOODS OF TEXAS, L.P. NOVEMBER 1, 2003
- ----------------------------------------------------------------------------------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ 481
Receivables, net 40,755
Inventories -
Assets held for sale -
Other current assets (6,210)
- ------------------------------------------------------------------------------------
TOTAL CURRENT ASSETS 35,026
- ------------------------------------------------------------------------------------
Investments and notes receivable, net -
Investment in direct financing leases -
- ------------------------------------------------------------------------------------
Net property and equipment -
- ------------------------------------------------------------------------------------
Other assets 4
- ------------------------------------------------------------------------------------
TOTAL ASSETS $ 35,030
- ------------------------------------------------------------------------------------
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ 996
Liabilities held for sale -
Other current liabilities -
- ------------------------------------------------------------------------------------
TOTAL CURRENT LIABILITIES 996
- ------------------------------------------------------------------------------------
Long-term debt -
Long-term obligations under capital leases -
Other liabilities -
Liabilities subject to compromise 29,086
Net intercompany due to (from) 4,948
SHAREHOLDERS' EQUITY:
Common stock, $2.50 par value per share -
Capital in excess of par value -
Reinvested earnings (deficit) -
Accumulated other comprehensive income:
Additional minimum pension liability -
Cumulative foreign currency translation adjustment -
- ------------------------------------------------------------------------------------
TOTAL SHAREHOLDERS' EQUITY $ -
- ------------------------------------------------------------------------------------
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 35,030
- ------------------------------------------------------------------------------------
LIABILITIES SUBJECT TO COMPROMISE [2]
Debt and notes payable $ -
Accounts payable 27,323
Closed store reserves -
Other liabilities 513
Pension obligation -
Taxes payable 1,250
---------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 29,086
NOTES
[1] Refer to Fleming Companies, Inc. & Subsidiaries Balance Sheet for all
financial statement footnotes.
[2] The period close for this legal entity was November 1, 2003; therefore all
liabilities were reviewed with prepetition amounts reclassified as
Liabilities Subject to Compromise. Estimates were made on certain accounts
where the breakout was not determinable.
FORM MOR - 3
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 10/05/03 - 11/01/03
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
AS OF
FLEMING INTERNATIONAL, LTD NOVEMBER 1, 2003
- ----------------------------------------------------------------------------------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ -
Receivables, net 270
Inventories -
Assets held for sale -
Other current assets -
- ------------------------------------------------------------------------------------
TOTAL CURRENT ASSETS 270
- ------------------------------------------------------------------------------------
Investments and notes receivable, net -
Investment in direct financing leases -
- ------------------------------------------------------------------------------------
Net property and equipment -
- ------------------------------------------------------------------------------------
Other assets -
- ------------------------------------------------------------------------------------
TOTAL ASSETS $ 270
- ------------------------------------------------------------------------------------
LIABILITIES AND SHAREHOLDERS' EQUITY
- ------------------------------------------------------------------------------------
CURRENT LIABILITIES:
Accounts payable $ -
Liabilities held for sale -
Other current liabilities -
- ------------------------------------------------------------------------------------
TOTAL CURRENT LIABILITIES -
- ------------------------------------------------------------------------------------
Long-term debt -
Long-term obligations under capital leases -
Other liabilities -
Liabilities subject to compromise -
Net intercompany due to (from) 270
SHAREHOLDERS' EQUITY:
Common stock, $2.50 par value per share -
Capital in excess of par value -
Reinvested earnings (deficit) -
Accumulated other comprehensive income:
Additional minimum pension liability -
Cumulative foreign currency translation adjustment -
- ------------------------------------------------------------------------------------
TOTAL SHAREHOLDERS' EQUITY $ -
- ------------------------------------------------------------------------------------
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 270
- ------------------------------------------------------------------------------------
LIABILITIES SUBJECT TO COMPROMISE [2]
Debt and notes payable $ -
Accounts payable -
Closed store reserves -
Other liabilities -
Pension obligation -
Taxes payable -
---------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ -
NOTES
[1] Refer to Fleming Companies, Inc. & Subsidiaries Balance Sheet for all
financial statement footnotes.
[2] The period close for this legal entity was November 1, 2003; therefore all
liabilities were reviewed with prepetition amounts reclassified as
Liabilities Subject to Compromise. Estimates were made on certain accounts
where the breakout was not determinable.
FORM MOR - 3
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 10/05/03 - 11/01/03
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
AS OF
FLEMING TRANSPORTATION SERVICES, INC. NOVEMBER 1, 2003
- ------------------------------------------------------------------------------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ -
Receivables, net 284
Inventories -
Assets held for sale -
Other current assets 1
- --------------------------------------------------------------------------------
TOTAL CURRENT ASSETS 285
- --------------------------------------------------------------------------------
Investments and notes receivable, net -
Investment in direct financing leases -
- --------------------------------------------------------------------------------
Net property and equipment -
- --------------------------------------------------------------------------------
Other assets -
- --------------------------------------------------------------------------------
TOTAL ASSETS $ 285
- --------------------------------------------------------------------------------
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ 2
Liabilities held for sale -
Other current liabilities 30
- --------------------------------------------------------------------------------
TOTAL CURRENT LIABILITIES 32
- --------------------------------------------------------------------------------
Long-term debt -
Long-term obligations under capital leases -
Other liabilities -
Liabilities subject to compromise -
Net intercompany due to (from) 253
SHAREHOLDERS' EQUITY:
Common stock, $2.50 par value per share -
Capital in excess of par value -
Reinvested earnings (deficit) -
Accumulated other comprehensive income:
Additional minimum pension liability -
Cumulative foreign currency translation adjustment -
- --------------------------------------------------------------------------------
TOTAL SHAREHOLDERS' EQUITY $ -
- --------------------------------------------------------------------------------
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 285
- --------------------------------------------------------------------------------
LIABILITIES SUBJECT TO COMPROMISE [2]
Debt and notes payable $ -
Accounts payable -
Closed store reserves -
Other liabilities -
Pension obligation -
Taxes payable -
---------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ -
NOTES
[1] Refer to Fleming Companies, Inc. & Subsidiaries Balance Sheet for all
financial statement footnotes.
[2] The period close for this legal entity was November 1, 2003; therefore all
liabilities were reviewed with prepetition amounts reclassified as
Liabilities Subject to Compromise. Estimates were made on certain accounts
where the breakout was not determinable.
FORM MOR - 3
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 10/05/03 - 11/01/03
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
AS OF
HEAD DISTRIBUTING COMPANY OCTOBER 31, 2003
- ------------------------------------------------------------------------------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ -
Receivables, net 10,901
Inventories 7,580
Assets held for sale -
Other current assets 513
- --------------------------------------------------------------------------------
TOTAL CURRENT ASSETS 18,994
- --------------------------------------------------------------------------------
Investments and notes receivable, net -
Investment in direct financing leases -
- --------------------------------------------------------------------------------
Net property and equipment 3,521
- --------------------------------------------------------------------------------
Other assets 51
- --------------------------------------------------------------------------------
TOTAL ASSETS $ 22,566
- --------------------------------------------------------------------------------
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ 5,399
Liabilities held for sale -
Other current liabilities 184
- --------------------------------------------------------------------------------
TOTAL CURRENT LIABILITIES 5,583
- --------------------------------------------------------------------------------
Long-term debt -
Long-term obligations under capital leases -
Other liabilities -
Liabilities subject to compromise 7,320
Net intercompany due to (from) 9,663
SHAREHOLDERS' EQUITY:
Common stock, $2.50 par value per share -
Capital in excess of par value -
Reinvested earnings (deficit) -
Accumulated other comprehensive income:
Additional minimum pension liability -
Cumulative foreign currency translation adjustment -
- --------------------------------------------------------------------------------
TOTAL SHAREHOLDERS' EQUITY $ -
- --------------------------------------------------------------------------------
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 22,566
- --------------------------------------------------------------------------------
LIABILITIES SUBJECT TO COMPROMISE [2]
Debt and notes payable $ -
Accounts payable 7,320
Closed store reserves -
Other liabilities -
Pension obligation -
Taxes payable -
---------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 7,320
NOTES
[1] Refer to Fleming Companies, Inc. & Subsidiaries Balance Sheet for all
financial statement footnotes.
[2] All liabilities were reclassified as Liabilities Subject to Compromise as
of March 31, 2003 (period 4) except for specific postpetition liabilities,
primarily payroll related. Adjustments were made in period 11 as necessary.
FORM MOR - 3
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 10/05/03 - 11/01/03
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
AS OF
MINTER-WEISMAN CO. OCTOBER 31, 2003
- ------------------------------------------------------------------------------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ -
Receivables, net 15,309
Inventories 12,961
Assets held for sale -
Other current assets 373
- --------------------------------------------------------------------------------
TOTAL CURRENT ASSETS 28,643
- --------------------------------------------------------------------------------
Investments and notes receivable, net -
Investment in direct financing leases -
- --------------------------------------------------------------------------------
Net property and equipment 2,175
- --------------------------------------------------------------------------------
Other assets 453
- --------------------------------------------------------------------------------
TOTAL ASSETS $ 31,271
- --------------------------------------------------------------------------------
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ 9,396
Liabilities held for sale -
Other current liabilities 208
- --------------------------------------------------------------------------------
TOTAL CURRENT LIABILITIES 9,604
- --------------------------------------------------------------------------------
Long-term debt -
Long-term obligations under capital leases -
Other liabilities -
Liabilities subject to compromise 9,326
Net intercompany due to (from) 12,341
SHAREHOLDERS' EQUITY:
Common stock, $2.50 par value per share -
Capital in excess of par value -
Reinvested earnings (deficit) -
Accumulated other comprehensive income:
Additional minimum pension liability -
Cumulative foreign currency translation adjustment -
- --------------------------------------------------------------------------------
TOTAL SHAREHOLDERS' EQUITY $ -
- --------------------------------------------------------------------------------
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 31,271
- --------------------------------------------------------------------------------
LIABILITIES SUBJECT TO COMPROMISE [2]
Debt and notes payable $ -
Accounts payable 9,326
Closed store reserves -
Other liabilities -
Pension obligation -
Taxes payable -
---------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 9,326
NOTES
[1] Refer to Fleming Companies, Inc. & Subsidiaries Balance Sheet for all
financial statement footnotes.
[2] All liabilities were reclassified as Liabilities Subject to Compromise as
of March 31, 2003 (period 4) except for specific postpetition liabilities,
primarily payroll related. Adjustments were made in period 11 as necessary.
FORM MOR - 3
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 10/05/03 - 11/01/03
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
AS OF
PIGGLY WIGGLY COMPANY NOVEMBER 1, 2003
- ------------------------------------------------------------------------------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ -
Receivables, net 567
Inventories -
Assets held for sale -
Other current assets (3)
- --------------------------------------------------------------------------------
TOTAL CURRENT ASSETS 564
- --------------------------------------------------------------------------------
Investments and notes receivable, net -
Investment in direct financing leases -
- --------------------------------------------------------------------------------
Net property and equipment -
- --------------------------------------------------------------------------------
Other assets -
- --------------------------------------------------------------------------------
TOTAL ASSETS $ 564
- --------------------------------------------------------------------------------
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ -
Liabilities held for sale -
Other current liabilities -
- --------------------------------------------------------------------------------
TOTAL CURRENT LIABILITIES -
- --------------------------------------------------------------------------------
Long-term debt -
Long-term obligations under capital leases -
Other liabilities -
Liabilities subject to compromise 543
Net intercompany due to (from) 21
SHAREHOLDERS' EQUITY:
Common stock, $2.50 par value per share -
Capital in excess of par value -
Reinvested earnings (deficit) -
Accumulated other comprehensive income:
Additional minimum pension liability -
Cumulative foreign currency translation adjustment -
- --------------------------------------------------------------------------------
TOTAL SHAREHOLDERS' EQUITY $ -
- --------------------------------------------------------------------------------
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 564
- --------------------------------------------------------------------------------
LIABILITIES SUBJECT TO COMPROMISE [2]
Debt and notes payable $ -
Accounts payable 527
Closed store reserves -
Other liabilities 16
Pension obligation -
Taxes payable -
---------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 543
NOTES
[1] Refer to Fleming Companies, Inc. & Subsidiaries Balance Sheet for all
financial statement footnotes.
[2] The period close for this legal entity was November 1, 2003; therefore all
liabilities were reviewed with prepetition amounts reclassified as
Liabilities Subject to Compromise. Estimates were made on certain accounts
where the breakout was not determinable.
FORM MOR - 3
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 10/05/03 - 11/01/03
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
AS OF
PROGRESSIVE REALTY, INC. NOVEMBER 1, 2003
- ------------------------------------------------------------------------------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ -
Receivables, net -
Inventories -
Assets held for sale -
Other current assets -
- --------------------------------------------------------------------------------
TOTAL CURRENT ASSETS -
- --------------------------------------------------------------------------------
Investments and notes receivable, net -
Investment in direct financing leases -
- --------------------------------------------------------------------------------
Net property and equipment -
- --------------------------------------------------------------------------------
Other assets -
- --------------------------------------------------------------------------------
TOTAL ASSETS $ -
- --------------------------------------------------------------------------------
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ -
Liabilities held for sale -
Other current liabilities -
- --------------------------------------------------------------------------------
TOTAL CURRENT LIABILITIES -
- --------------------------------------------------------------------------------
Long-term debt -
Long-term obligations under capital leases -
Other liabilities -
Liabilities subject to compromise 1,519
Net intercompany due to (from) (1,519)
SHAREHOLDERS' EQUITY:
Common stock, $2.50 par value per share -
Capital in excess of par value -
Reinvested earnings (deficit) -
Accumulated other comprehensive income:
Additional minimum pension liability -
Cumulative foreign currency translation adjustment -
- --------------------------------------------------------------------------------
TOTAL SHAREHOLDERS' EQUITY $ -
- --------------------------------------------------------------------------------
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ -
- --------------------------------------------------------------------------------
LIABILITIES SUBJECT TO COMPROMISE [2]
Debt and notes payable $ -
Accounts payable -
Closed store reserves -
Other liabilities 1,519
Pension obligation -
Taxes payable -
---------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 1,519
NOTES
[1] Refer to Fleming Companies, Inc. & Subsidiaries Balance Sheet for all
financial statement footnotes.
[2] The period close for this legal entity was November 1, 2003; therefore all
liabilities were reviewed with prepetition amounts reclassified as
Liabilities Subject to Compromise. Estimates were made on certain accounts
where the breakout was not determinable.
FORM MOR - 3
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 10/05/03 - 11/01/03
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
AS OF
RAINBOW FOOD GROUP, INC. NOVEMBER 1, 2003
- ------------------------------------------------------------------------------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ -
Receivables, net 3,359
Inventories -
Assets held for sale -
Other current assets (2,824)
- --------------------------------------------------------------------------------
TOTAL CURRENT ASSETS 535
- --------------------------------------------------------------------------------
Investments and notes receivable, net -
Investment in direct financing leases -
- --------------------------------------------------------------------------------
Net property and equipment -
- --------------------------------------------------------------------------------
Other assets 80
- --------------------------------------------------------------------------------
TOTAL ASSETS $ 615
- --------------------------------------------------------------------------------
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ 308
Liabilities held for sale -
Other current liabilities 43
- --------------------------------------------------------------------------------
TOTAL CURRENT LIABILITIES 351
- --------------------------------------------------------------------------------
Long-term debt -
Long-term obligations under capital leases -
Other liabilities 201
Liabilities subject to compromise 19,070
Net intercompany due to (from) (19,007)
SHAREHOLDERS' EQUITY:
Common stock, $2.50 par value per share -
Capital in excess of par value -
Reinvested earnings (deficit) -
Accumulated other comprehensive income:
Additional minimum pension liability -
Cumulative foreign currency translation adjustment -
- --------------------------------------------------------------------------------
TOTAL SHAREHOLDERS' EQUITY $ -
- --------------------------------------------------------------------------------
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 615
- --------------------------------------------------------------------------------
LIABILITIES SUBJECT TO COMPROMISE [2]
Debt and notes payable $ -
Accounts payable 18,447
Closed store reserves -
Other liabilities 623
Pension obligation -
Taxes payable -
---------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 19,070
NOTES
[1] Refer to Fleming Companies, Inc. & Subsidiaries Balance Sheet for all
financial statement footnotes.
[2] The period close for this legal entity was November 1, 2003; therefore all
liabilities were reviewed with prepetition amounts reclassified as
Liabilities Subject to Compromise. Estimates were made on certain accounts
where the breakout was not determinable.
FORM MOR - 3
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 10/05/03 - 11/01/03
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
AS OF
RETAIL INVESTMENTS, INC. NOVEMBER 1, 2003
- ------------------------------------------------------------------------------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ 1
Receivables, net -
Inventories -
Assets held for sale -
Other current assets (3)
- --------------------------------------------------------------------------------
TOTAL CURRENT ASSETS (2)
- --------------------------------------------------------------------------------
Investments and notes receivable, net -
Investment in direct financing leases -
- --------------------------------------------------------------------------------
Net property and equipment -
- --------------------------------------------------------------------------------
Other assets -
- --------------------------------------------------------------------------------
TOTAL ASSETS $ (2)
- --------------------------------------------------------------------------------
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ -
Liabilities held for sale -
Other current liabilities -
- --------------------------------------------------------------------------------
TOTAL CURRENT LIABILITIES -
- --------------------------------------------------------------------------------
Long-term debt -
Long-term obligations under capital leases -
Other liabilities -
Liabilities subject to compromise -
Net intercompany due to (from) (2)
SHAREHOLDERS' EQUITY:
Common stock, $2.50 par value per share -
Capital in excess of par value -
Reinvested earnings (deficit) -
Accumulated other comprehensive income:
Additional minimum pension liability -
Cumulative foreign currency translation adjustment -
- --------------------------------------------------------------------------------
TOTAL SHAREHOLDERS' EQUITY $ -
- --------------------------------------------------------------------------------
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ (2)
- --------------------------------------------------------------------------------
LIABILITIES SUBJECT TO COMPROMISE [2]
Debt and notes payable $ -
Accounts payable -
Closed store reserves -
Other liabilities -
Pension obligation -
Taxes payable -
---------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ -
NOTES
[1] Refer to Fleming Companies, Inc. & Subsidiaries Balance Sheet for all
financial statement footnotes.
[2] The period close for this legal entity was November 1, 2003; therefore all
liabilities were reviewed with prepetition amounts reclassified as
Liabilities Subject to Compromise. Estimates were made on certain accounts
where the breakout was not determinable.
FORM MOR - 3
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 10/05/03 - 11/01/03
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
AS OF
RFS MARKETING SERVICES, INC. NOVEMBER 1, 2003
- ------------------------------------------------------------------------------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ 8
Receivables, net 23
Inventories -
Assets held for sale -
Other current assets 1
- --------------------------------------------------------------------------------
TOTAL CURRENT ASSETS 32
- --------------------------------------------------------------------------------
Investments and notes receivable, net -
Investment in direct financing leases -
- --------------------------------------------------------------------------------
Net property and equipment -
- --------------------------------------------------------------------------------
Other assets 33
- --------------------------------------------------------------------------------
TOTAL ASSETS $ 65
- --------------------------------------------------------------------------------
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ -
Liabilities held for sale -
Other current liabilities -
- --------------------------------------------------------------------------------
TOTAL CURRENT LIABILITIES -
- --------------------------------------------------------------------------------
Long-term debt -
Long-term obligations under capital leases -
Other liabilities 13
Liabilities subject to compromise 29
Net intercompany due to (from) 23
SHAREHOLDERS' EQUITY:
Common stock, $2.50 par value per share -
Capital in excess of par value -
Reinvested earnings (deficit) -
Accumulated other comprehensive income:
Additional minimum pension liability -
Cumulative foreign currency translation adjustment -
- --------------------------------------------------------------------------------
TOTAL SHAREHOLDERS' EQUITY $ -
- --------------------------------------------------------------------------------
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 65
- --------------------------------------------------------------------------------
LIABILITIES SUBJECT TO COMPROMISE [2]
Debt and notes payable $ -
Accounts payable 19
Closed store reserves -
Other liabilities 10
Pension obligation -
Taxes payable -
---------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 29
NOTES
[1] Refer to Fleming Companies, Inc. & Subsidiaries Balance Sheet for all
financial statement footnotes.
[2] The period close for this legal entity was November 1, 2003; therefore all
liabilities were reviewed with prepetition amounts reclassified as
Liabilities Subject to Compromise. Estimates were made on certain accounts
where the breakout was not determinable.
FORM MOR - 3
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 10/05/03 - 11/01/03
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
AS OF
RICHMAR FOODS, INC. NOVEMBER 1, 2003
- ------------------------------------------------------------------------------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ -
Receivables, net 4,040
Inventories -
Assets held for sale -
Other current assets 753
- --------------------------------------------------------------------------------
TOTAL CURRENT ASSETS 4,793
- --------------------------------------------------------------------------------
Investments and notes receivable, net -
Investment in direct financing leases -
- --------------------------------------------------------------------------------
Net property and equipment -
- --------------------------------------------------------------------------------
Other assets -
- --------------------------------------------------------------------------------
TOTAL ASSETS $ 4,793
- --------------------------------------------------------------------------------
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ 954
Liabilities held for sale -
Other current liabilities 2,964
- --------------------------------------------------------------------------------
TOTAL CURRENT LIABILITIES 3,918
- --------------------------------------------------------------------------------
Long-term debt -
Long-term obligations under capital leases -
Other liabilities -
Liabilities subject to compromise 9,473
Net intercompany due to (from) (8,598)
SHAREHOLDERS' EQUITY:
Common stock, $2.50 par value per share -
Capital in excess of par value -
Reinvested earnings (deficit) -
Accumulated other comprehensive income:
Additional minimum pension liability -
Cumulative foreign currency translation adjustment -
- --------------------------------------------------------------------------------
TOTAL SHAREHOLDERS' EQUITY $ -
- --------------------------------------------------------------------------------
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 4,793
- --------------------------------------------------------------------------------
LIABILITIES SUBJECT TO COMPROMISE [2]
Debt and notes payable $ -
Accounts payable 7,451
Closed store reserves -
Other liabilities 2,022
Pension obligation -
Taxes payable -
---------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 9,473
NOTES
[1] Refer to Fleming Companies, Inc. & Subsidiaries Balance Sheet for all
financial statement footnotes.
[2] The period close for this legal entity was November 1, 2003; therefore all
liabilities were reviewed with prepetition amounts reclassified as
Liabilities Subject to Compromise. Estimates were made on certain accounts
where the breakout was not determinable.
FORM MOR - 3
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 10/05/03 - 11/01/03
(DOLLARS IN 000'S)
STATUS OF POSTPETITION TAXES
The beginning tax liability should be the ending liability from the prior month
or, if this is the first report, the amount should be zero.
BEGINNING AMOUNT ENDING
TAX WITHHELD OR AMOUNT TAX
FLEMING LIABILITY ACCRUED PAID [10] LIABILITY
- --------------------------------------------------------------------------------------
FEDERAL
Payroll Taxes [1] $ (21) $ - $ 21 $ 0
Income $ (995) (34) 92 (937)
- ------------------------------------------------------------------------------------
TOTAL FEDERAL TAXES $ (1,016) $ (34) $ 113 $ (937)
- ------------------------------------------------------------------------------------
STATE AND LOCAL
Payroll Taxes [1] $ (399) $ - $ 399 $ (0)
Sales [2] $ (1,930) - 40 (1,889)
Excise [2] $ (21) - 87 67
Real & Personal Property [3] [11] $ (5,163) - 889 (4,274)
Cigarette & Tobacco [4] $ - - - -
Franchise [2] $ (201) 51 (0) (150)
- ------------------------------------------------------------------------------------
Total State and Local $ (7,713) $ 51 $ 1,416 $(6,246)
- ------------------------------------------------------------------------------------
TOTAL TAXES $ (8,730) $ 18 $ 1,528 $(7,183)
- ------------------------------------------------------------------------------------
BEGINNING AMOUNT ENDING
TAX WITHHELD OR AMOUNT TAX
CORE-MARK [9] LIABILITY ACCRUED PAID LIABILITY
- -------------------------------------------------------------------------------------
FEDERAL
Payroll Taxes [1] $ (257) $ (2,423) $ 2,335 $ (346)
Income $ - - - -
- ------------------------------------------------------------------------------------
TOTAL FEDERAL TAXES $ (257) $ (2,423) $ 2,335 $ (346)
- ------------------------------------------------------------------------------------
STATE AND LOCAL
Payroll Taxes [1] $ (1) $ (304) $ 303 $ (2)
Sales $ (20) (36) 43 (12)
Excise $ (421) (160) 211 (370)
Real & Personal Property [3] $ (578) (86) 40 (625)
Cigarette & Tobacco $(41,930) (87,692) 86,579 (43,044)
Other: GST [5] $ (1,915) (2,564) 2,212 (2,268)
Other: Spokane & Portland B&O Tax [6] $ (119) (46) 44 (120)
- ------------------------------------------------------------------------------------
Total State and Local $(44,984) $(90,889) $89,432 $(46,441)
- ------------------------------------------------------------------------------------
TOTAL TAXES $(45,241) $(93,313) $91,767 $(46,787)
- ------------------------------------------------------------------------------------
SUMMARY OF UNPAID POSTPETITION DEBTS
FLEMING ACCOUNTS PAYABLE AGING (IN THOUSANDS) AMOUNT
- ----------------------------------------------------------------------------
Current $ -
0 - 30 days [7] 66,776
31 - 60 days -
61 - 90 days -
91+ days -
- ----------------------------------------------------------------------------
Total Accounts Payable [8] $ 66,776
- ----------------------------------------------------------------------------
CORE-MARK ACCOUNTS PAYABLE AGING (IN THOUSANDS) [9] AMOUNT
- ----------------------------------------------------------------------------
Current $ -
0 - 30 days [7] 120,597
31 - 60 days -
61 - 90 days -
91+ days -
- ----------------------------------------------------------------------------
Total Accounts Payable [8] $120,597
- ----------------------------------------------------------------------------
EXPLAIN HOW AND WHEN THE DEBTOR INTENDS TO PAY ANY PAST-DUE POSTPETITION DEBTS.
Fleming Companies, Inc. and its related subsidiaries do not have material past
due postpetition debts. However, those debts that are past due will be paid
through the ordinary course of business. Further, Fleming Companies, Inc.
anticipates it will incur certain contract cure costs related to those contracts
assigned to C&S Wholesale Grocers, Inc. as a result of the sale of Fleming
Companies, Inc.'s wholesale grocery operations.
NOTES
[1] Payroll taxes include all employer and employee payroll related items
withheld and accrued.
[2] Sales, Excise and Franchise postpetition taxes are calculated by adding to
the period 10 balance the net accrual increase/decrease in period 11.
[3] Fleming's postpetition Real and personal property taxes include 275/365 of
2003 (April 2003 through December 2003) taxes and 2004 taxes. Additionally,
Core-Mark's Real & personal property taxes excludes Plymouth as it is
included in Fleming. All other Eastern divisions are included in Core-Mark.
[4] There is no longer an accrual or expense related to cigarette and tobacco
taxes as all the applicable Fleming entities have been closed or sold.
[5] GST refers to Canadian Goods and Service Taxes.
[6] B&O tax refers to Business and Occupational taxes for Spokane and Portland
only.
[7] Fleming and Core-mark were unable to provide an Accounts Payable Aging.
Therefore, Accounts Payable is shown as 30 days old. Core-Mark's aging
includes Head and Minter-Weisman and Fleming's includes the four
convenience divisions that are part of Fleming Companies, Inc.
[8] Accounts Payable per the Balance Sheet includes trade accounts payable and
other accrued expenses.
[9] Core-Mark's postpetition taxes and Accounts Payable data is for Core-Mark's
period 11 which is October 1, 2003 through October 31, 2003.
[10] Amount Paid represents amounts paid, amounts received and other adjustments
during the period.
[11] The beginning tax liability for period 11 includes a $3.5 million
correction from the period 10 ending balance.
FORM MOR - 4
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 10/05/03 - 11/01/03
(DOLLARS IN 000'S)
ACCOUNTS RECEIVABLE AGINGS
FLEMING ACCOUNTS RECEIVABLE AGING [1] [2] AMOUNT
- ----------------------------------------- ---------
Not Due $ (99)
Current 10,817
1 - 7 days old 2,622
8 - 14 days old 1,847
15 - 21 days old 1,810
+ Over 21 days 455,071
Credits Over 21 days [1] (15,849)
Total Accounts Receivable $ 456,219
Amount considered uncollectible (Bad Debt) [3] (77,952)
Accounts Receivable (Net) $ 378,267
CORE-MARK ACCOUNTS RECEIVABLE AGING [1] [4] AMOUNT
- ------------------------------------------- ------
Current $ 184,175
1 - 30 days old 18,000
31 - 45 days old 393
40 - 60 days old 822
61 - 90 days old 665
91 - 120 days old 627
+ Over 120 days 6,763
Total Accounts Receivable $ 211,445
Amount considered uncollectible (Bad Debt) [3] (9,497)
Accounts Receivable (Net) $ 201,948
DEBTOR QUESTIONNAIRE
MUST BE COMPLETED EACH MONTH YES NO
1. Have any assets been sold or transferred outside the normal course of business this reporting period?
If yes, provide an explanation below. [5] X
2. Have any funds been disbursed from any account other than a debtor in possession account this reporting period?
If yes, provide an explanation below. X
3. Have all postpetition tax returns been timely filed? If no, provide an explanation below. X
4. Are workers compensation, general liability and other necessary insurance
coverages in effect?
If no, provide an explanation below. X
NOTES
[1] Of the Core-Mark's 7 Eastern divisions ("Fleming 7"), Core-Mark's accounts
receivable aging includes Head and Minter-Weisman and Fleming's accounts
receivable aging includes the four convenience divisions that are part of
Fleming Companies, Inc.
[2] In addition to the aging of customer accounts receivable, a large portion
of the Fleming receivable balance is from reclassifying vendor deductions
from accounts payable, which has been listed as over 21 days. No amount has
currently been reserved for these receivables from vendors. Also included
in accounts receivable are royalties related to the sale of the wholesale
business, which have been listed as current.
[3] Amount considered uncollectible (Bad Debt) is per the general ledger for
all entities as of November 1, 2003.
[4] Core-Mark's Accounts Receivable data is for Core-Mark's period 11 ended
October 31, 2003. Further, Core-Mark's Accounts Receivable Aging total
differed from the general ledger total due to timing differences and
adjustments, including reclassifying vendor deductions from accounts
payable. The receivable balance not supported by an aging was listed as
current. No amount has currently been reserved for receivables from
vendors.
[5] On October 28, 2003 the Company sold the York PA property for approximately
$5 million. By agreement with C&S Wholesale Grocery, the proceeds on the
sale of the York property is equally distributed between Fleming Co, Inc
and C&S. C&S's share of the funds was wired to C&S on November 6, 2003.
FORM MOR - 5
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 10/05/03 - 11/01/03
If additional information is required for the current or any future Monthly
Operating Reports, please send the request to Rebecca A. Roof at Fleming
Companies (1945 Lakepointe Dr.; Lewisville, TX 75057).
Ernst & Young LLP 2121 San Jacinto Street, Suite 1500 Dallas Office
Dallas TX 75201 Phone (214) 969-8000
Facsimile (214) 969-9770
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: PERIOD 11
TAX AFFIDAVIT
By order of this Court dated May 6, 2003, Ernst & Young (E&Y) has been retained
to provide certain tax services to the Debtors (the "Tax Services"). E&Y
provided the Tax Services pursuant to the terms and conditions set forth in the
engagement letter attached hereto as Ex. A which was allowed under the May 6,
2003 Bankruptcy Court Order of E&Y retention. Pursuant to this retention order,
E&Y assists the Debtor with the following tax services during the reporting
period on behalf of Fleming Companies, Inc. and affiliates ("the Debtor"):
- Prepare certain federal income, state income, state franchise, gross
receipts and net worth tax returns and provide them to management of
the Debtor for signature;
- Prepare certain sales, excise, and use tax returns for U.S., state
and local governments and provide them to management of the Debtor
for filing;
- Provide certain property tax returns prepared by third party
consultants to management of the Debtor for filing;
- Prepare certain property tax returns and provide them to management
of the Debtor for filing; and
- Update a tax filing calendar for certain income, franchise, sales and
use, cigarette, tobacco, and other miscellaneous taxes, and business
license filings and provide it to Debtor's management for review and
approval.
The Debtor's management is responsible for establishing and maintaining its tax
system and procedures.
During the reporting period, all returns were timely filed with the appropriate
jurisdictions.
To the best of my knowledge, E&Y has completed the above mentioned activities
related to the tax returns covered by the engagement letter which are required
to be prepared or filed by the Fleming Companies, Inc. and its affiliates during
the reporting period referenced above.
December 15, 2003 /s/ Lisa P. Shield
- ---------------------- -----------------------------
Date Lisa P. Shield, Partner