EXHIBIT 99.3
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: 8/10/03 - 9/6/03
AMENDED
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.
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DOCUMENT EXPLANATION
REQUIRED DOCUMENTS 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 misclassifications affected the common stock, capital in excess of par
value, reinvested earnings (deficit), and net intercompany due to (from) lines
on the Fleming Companies, Inc and Fleming Companies, Inc. & Subsidiaries balance
sheets. The misclassifications were corrected on subsequent MOR's filed for
Period 10 and 11 and are now corrected in this Amended MOR for Period 9.
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 8/10/03 - 9/6/03
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]:
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 [12]:
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] The Monthly Operating Report excludes financial activity related to
non-Debtor entities (i.e., Cerespan.com and Choteau Development Company,
LLC).
[12] Core-Mark entities are on a different reporting schedule with period 9
reflecting a Balance Sheet as of August 31, 2003. The Statement of
Operations has been estimated through September 6, 2003 to be consistent
with Fleming.
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 8/10/03 - 9/6/03
WEEKLY RECEIPTS AND DISBURSEMENTS [1]
(DOLLARS IN 000's)
CURRENT
PERIOD CUMULATIVE
WEEK 1 [2] WEEK 2 WEEK 3 WEEK 4 WEEK 5 TOTAL FILING TO DATE
-----------------------------------------------------------------------------------------
CASH RECEIPTS:
Fleming Receipts [4] $ 11,761 61,316 50,762 54,389 297,611 $ 475,839 $ 2,372,707
Core-Mark Receipts 15,826 82,084 79,834 81,084 78,656 337,484 1,873,877
Asset / Excess Inventory Sales & Other 2,159 1,777 6,029 6,259 1,690 17,914 264,271
- -----------------------------------------------------------------------------------------------------------------------------------
ACTUAL RECEIPTS $ 29,746 $ 145,177 $ 136,625 $ 141,732 $ 377,957 $ 831,237 $ 4,510,855
- -----------------------------------------------------------------------------------------------------------------------------------
CASH DISBURSEMENTS FROM OPERATIONS:
Material Purchases - Fleming $ (11,060) (37,180) (36,923) (16,637) (2,978) $ (104,778) $(1,609,334)
Material Purchases - Core-Mark (13,326) (54,802) (52,839) (52,876) (52,036) (225,879) (1,429,035)
Tax Disbursements - Cigarettes (1,475) (10,022) (12,787) (16,892) (11,127) (52,303) (255,989)
Tax Disbursements - Other (2) (411) (281) (183) (9) (886) (7,770)
Employee & Payroll (2,099) (7,236) (7,574) (5,903) (8,393) (31,205) (260,743)
Lease & Recurring Costs (3,680) (6,782) (1,038) (1,355) (1,131) (13,986) (81,897)
Other Operating Costs (383) (5,185) (5,756) (7,702) (3,403) (22,429) (197,831)
- ------------------------------------------------------------------------------------------------------------------------------------
ACTUAL CASH DISBURSEMENTS FROM OPERATIONS $ (32,025) $ (121,618) $(117,198) $(101,548) $ (79,077) $ (451,466) $(3,842,599)
- ------------------------------------------------------------------------------------------------------------------------------------
CASH DISBURSEMENTS FROM NON-OPERATIONS:
DSD/Critical Vendor/PACA Payments [3] $ - - - - (11,289) $ (11,289) $ (88,781)
Capital Expenditures - - - - - - (2,216)
Restructuring & Professional Fees (511) (2,975) (1,302) (5,855) (1,398) (12,041) (24,436)
Interest & Financing - (482) - - (1,691) (2,173) (72,525)
Other Non-Operating Costs - - - - - - -
- ------------------------------------------------------------------------------------------------------------------------------------
ACTUAL CASH DISBURSEMENTS FROM
NON-OPERATIONS $ (511) $ (3,457) $ (1,302) $ (5,855) $ (14,378) $ (25,503) $ (187,958)
- ------------------------------------------------------------------------------------------------------------------------------------
TOTAL ACTUAL DISBURSEMENTS $ (32,536) $ (125,075) $(118,500) $(107,403) $ (93,455) $ (476,969) $(4,030,557)
- ------------------------------------------------------------------------------------------------------------------------------------
DISBURSEMENTS FOR CALCULATING U.S. TRUSTEE QUARTERLY FEES: (FROM CURRENT PERIOD
COLUMN)
TOTAL DISBURSEMENTS $ (476,969)
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 $ (476,969)
NOTES
[1] Weekly Receipts and Disbursements include Core-Mark's and Fleming's August
1 through August 31 receipts and disbursements.
[2] Per agreement with the U.S. Trustee, cash receipts and disbursements
related to August 1 through August 31 were only included. Therefore, Week
1 includes only one day related to cash receipts and disbursements for
August 2003.
[3] The period 9 Monthly Operating report (including the period 4 through 8
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.
[4] Week 5 receipts include cash received from the sale of assets to C&S.
FORM MOR - 1A
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 8/10/03 - 9/6/03
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 $ (159,169) $ (1,253,635)
Fleming Companies, Inc. 03-10945 (210,318) (1,940,501)
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 (43,255) (260,646)
Core-Mark Interrelated Companies, Inc. 03-10951 (5,289) (41,193)
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 (6,719) (113,586)
Fleming International, Ltd. 03-10956 (21) (1,400)
Fleming Transportation Service, Inc. 03-10957 49 3
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 (5,717) (38,999)
Minter Weisman Co. 03-10964 (25,352) (110,341)
Piggly Wiggly Company 03-10965 (280) (817)
Progressive Realty, Inc. 03-10966 - (4)
Rainbow Food Group, Inc. 03-10967 (17) (31,726)
Retail Investments, Inc. 03-10968 (20,115) (165,125)
Retail Supermarkets, Inc. 03-10970 - -
RFS Marketing Services, Inc. 03-10971 - -
Richmar Foods, Inc. 03-10972 (928) (71,670)
Dunigan Fuels, Inc. 03-10973 162 (250)
- ---------------------------------------------------------------------------------------------------------------
TOTAL ACTUAL DISBURSEMENTS [2] [3] $ (476,969) $ (4,030,557)
- ---------------------------------------------------------------------------------------------------------------
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 8/1/03 - 8/31/03 (approximately $16.4 million for
Fleming and approximately $11.9 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 8/1/03 - 8/31/03 for the Current Period and for 4/1/03 - 8/31/03 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: 8/10/03 - 9/6/03
BANK ACCOUNT INFORMATION
ACCOUNT
PETITIONING ENTITIES BANK NUMBER TYPE
- --------------------------------------------------------------------------------------------------------------------
Fleming Companies, Inc. Bank of America 1257001012 Depository
Fleming Companies, Inc. Bank of America 1257401015 Depository
Fleming Companies, Inc. Bank of America 1257601014 Depository
Fleming Companies, Inc. Bank of America 1376034850 Depository
Fleming Companies, Inc. Bank of America 1595458455 Depository
Fleming Companies, Inc. Bank of America 3750955004 Depository
Fleming Companies, Inc. Bank of America 3751022745 Depository
Fleming Companies, Inc. Bank of America 3751278599 Depository
Fleming Companies, Inc. Bank of America 3751279446 Depository
Fleming Companies, Inc. Bank of America 3751281308 Depository
Fleming Companies, Inc. Bank of America 3751301107 Depository
Fleming Companies, Inc. Bank of America 3751372819 Depository
Fleming Companies, Inc. Bank of America 3751508777 Depository
Fleming Companies, Inc. Bank of America 3751525666 Depository
Fleming Companies, Inc. Bank of America 3751572091 Depository
Fleming Companies, Inc. Bank of America 3751589327 Depository
Fleming Companies, Inc. Bank of America 3751889438 Depository
Fleming Companies, Inc. Bank of America 3751917397 Depository
Fleming Companies, Inc. Bank of America 8188812687 Depository
Fleming Companies, Inc. Bank One 10148350 Disbursement
Fleming Companies, Inc. Bank One 10218510 Depository
Fleming Companies, Inc. Bank One 622743383 Depository
Fleming Companies, Inc. First Hawaiian Bank 53015409 Depository
Fleming Companies, Inc. JP Morgan 6300030353 Disbursement
Fleming Companies, Inc. JP Morgan 6300035972 Disbursement
Fleming Companies, Inc. JP Morgan 6300036129 Disbursement
Fleming Companies, Inc. JP Morgan 6300036160 Disbursement
Fleming Companies, Inc. JP Morgan 6300062117 Disbursement
Fleming Companies, Inc. JP Morgan 6300064998 Disbursement
Fleming Companies, Inc. JP Morgan 6300065052 Disbursement
Fleming Companies, Inc. JP Morgan 6300065086 Disbursement
Fleming Companies, Inc. JP Morgan 8805174594 Disbursement
Fleming Companies, Inc. JP Morgan 8805175195 Depository
Fleming Companies, Inc. JP Morgan 8805175609 Depository
Fleming Companies, Inc. JP Morgan 8805223029 Disbursement
Fleming Companies, Inc. JP Morgan 8806170047 Disbursement
Fleming Companies, Inc. JP Morgan 8806212427 Depository
Fleming Companies, Inc. JP Morgan 8806212435 Depository
Fleming Companies, Inc. JP Morgan 8806212468 Depository
Fleming Companies, Inc. JP Morgan 8806212583 Depository
Fleming Companies, Inc. JP Morgan 8806212591 Depository
Fleming Companies, Inc. JP Morgan 8806231716 Depository
Fleming Companies, Inc. JP Morgan 8806231732 Depository
Fleming Companies, Inc. JP Morgan 8806232185 Depository
Fleming Companies, Inc. JP Morgan 8806232193 Depository
Fleming Companies, Inc. JP Morgan 8806232201 Depository
Fleming Companies, Inc. JP Morgan 8806232219 Depository
Fleming Companies, Inc. JP Morgan 8806232805 Depository
Fleming Companies, Inc. JP Morgan 8806257778 Depository
Fleming Companies, Inc. JP Morgan 8806258339 Depository
Fleming Companies, Inc. JP Morgan 8806322309 Depository
Fleming Companies, Inc. JP Morgan 8806362925 Disbursement
Fleming Companies, Inc. JP Morgan 8806362933 Disbursement
Fleming Companies, Inc. JP Morgan 8806363428 Depository
Fleming Companies, Inc. JP Morgan 8806370886 Disbursement
Fleming Companies, Inc. M&I 12263119 Depository
Fleming Companies, Inc. M&I 13004134 Depository
Fleming Companies, Inc. M&I 14133911 Depository
Fleming Companies, Inc. M&I 18241234 Depository
Fleming Companies, Inc. Manufacturers Trust 12001749 Depository
Fleming Companies, Inc. Waukesha 2726887 Disbursement
Fleming Companies, Inc. Waukesha 10428672 Depository
Fleming Companies, Inc. Waukesha 10478473 Depository
Core-Mark International, Inc Adel Banking Co 15797201 Disbursement
Core-Mark International, Inc Bank Of Montreal 0004-1664-436 Disbursement
Core-Mark International, Inc Bank Of Montreal 07600000313 Depository/Disbursement
FORM MOR - IC
ACCOUNT
PETITIONING ENTITIES BANK NUMBER TYPE
- --------------------------------------------------------------------------------------------------------------------
Fleming Companies, Inc. Bank Of America 1257001012 Depository
Core-Mark International, Inc Bank Of Montreal 07601102397 Disbursement
Core-Mark International, Inc Bank Of Montreal 07601154963 Disbursement
Core-Mark International, Inc Bank Of Montreal 07604601086 FX Swap Funding Acct
Core-Mark International, Inc Bank Of Montreal 127881013601 Disbursement
Core-Mark International, Inc Bank Of Montreal 5691032070 Disbursement
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 601809668 Disbursement
Core-Mark International, Inc JP Morgan Chase 9102775419 Disbursement
Core-Mark International, Inc JP Morgan Chase 9102775427 Disbursement
Core-Mark International, Inc JP Morgan Chase 9102775435 Disbursement
Core-Mark International, Inc JP Morgan Chase 9102775443 Disbursement
Core-Mark International, Inc Scotia Bank 112390010715 Depository
Core-Mark International, Inc Scotia Bank 4052700104313 Depository
Core-Mark International, Inc Scotia Bank 714800001414 Depository
Core-Mark International, Inc Scotia Bank 71480000914 Depository
Core-Mark International, Inc Scotia Bank 714800011312 Depository
Core-Mark International, Inc Washington Trust Bank 1001823194 Depository
Core-Mark International, Inc Wells Fargo 4091220731 Depository
Core-Mark International, Inc Wells Fargo 4128523081 Depository
Core-Mark International, Inc Wells Fargo 4159287788 Depository
Core-Mark International, Inc Wells Fargo 4159555366 Depository
Core-Mark International, Inc Wells Fargo 4159688902 Depository
Core-Mark International, Inc Wells Fargo 4311848436 Depository
Core-Mark International, Inc Wells Fargo 4311848584 Disbursement
Core-Mark International, Inc Wells Fargo 4496851460 Depository
Core-Mark International, Inc Wells Fargo 4518099999 Depository
Core-Mark International, Inc Wells Fargo 4518100110 Depository
Core-Mark International, Inc Wells Fargo 4518100177 Depository
Core-Mark International, Inc Wells Fargo 4518100235 Depository
Core-Mark International, Inc Wells Fargo 4518110564 Disbursement
Core-Mark International, Inc Wells Fargo 4758355309 Depository
Core-Mark International, Inc Wells Fargo 4759613938 Disbursement
Core-Mark International, Inc Wells Fargo 4801900069 Depository
Core-Mark International, Inc Wells Fargo 4801908815 Depository
Core-Mark International, Inc Wells Fargo / Wachovia 540459849 Disbursement
Core-Mark International, Inc Wilson & Muir 7516436 Depository
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 - IC
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 8/10/03 - 9/6/03
STATEMENT OF OPERATIONS (UNAUDITED) [1]
(DOLLARS IN 000's)
AUGUST 10, 2003 -
FLEMING COMPANIES, INC. & SUBSIDIARIES [2] SEPTEMBER 6, 2003
- ------------------------------------------------------------------------------------
NET SALES $ 354,022
COSTS AND EXPENSES: [3]
Cost of sales (340,495)
Selling and administrative (12,554)
Reorganization items, net (383)
Interest expense (223)
Interest income and other 122
Impairment/restructuring charges (231)
Litigation charges -
- --------------------------------------------------------------------------------
TOTAL COSTS AND EXPENSES (353,764)
- --------------------------------------------------------------------------------
Income/(Loss) before income taxes 258
Taxes on income/(loss) -
- --------------------------------------------------------------------------------
INCOME/(LOSS) FROM CONTINUING OPERATIONS 258
- --------------------------------------------------------------------------------
DISCONTINUED OPERATIONS: [4]
Income/(Loss) before income taxes (63,584)
Taxes on income/(loss) -
- --------------------------------------------------------------------------------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS (63,584)
- -------------------------------------------------------------------------------
NET INCOME/(LOSS) $ (63,326)
- -------------------------------------------------------------------------------
NOTES
[1] Results of certain legal entities have been approximated to the 28 days
from August 10, 2003 through September 6, 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. Further, the related entities Statement of Operations
are excluded from the Monthly Operating Report. RFS Marketing Services,
Inc.'s Statement of Operations was included as RFS Marketing Services,
Inc.'s balance sheet was 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 9, 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: 8/10/03 - 9/6/03
STATEMENT OF OPERATIONS (UNAUDITED) [1] [2]
(DOLLARS IN 000's)
AUGUST 10, 2003 -
ABCO FOOD GROUP, INC. SEPTEMBER 6, 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
September 6, 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: 8/10/03 - 9/6/03
STATEMENT OF OPERATIONS (UNAUDITED) [1] [2]
(DOLLARS IN 000'S)
AUGUST 10, 2003 -
CORE-MARK INTERNATIONAL, INC. SEPTEMBER 6, 2003
- --------------------------------------------------------------------------------
NET SALES $ 233,514
COSTS AND EXPENSES:
Cost of sales (225,267)
Selling and administrative (6,626)
Reorganization items, net (382)
Interest expense (22)
Interest income and other 118
Impairment/restructuring charges (22)
Litigation charges -
- ----------------------------------------------------------------------------
TOTAL COSTS AND EXPENSES (232,201)
- ----------------------------------------------------------------------------
Income/(Loss) before income taxes 1,313
Taxes on income/(loss) -
- ----------------------------------------------------------------------------
INCOME/(LOSS) FROM CONTINUING OPERATIONS 1,313
- ----------------------------------------------------------------------------
DISCONTINUED OPERATIONS:
Income/(Loss) before income taxes -
Taxes on income/(loss) -
- ----------------------------------------------------------------------------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS -
- ----------------------------------------------------------------------------
NET INCOME/(LOSS) $ 1,313
- ----------------------------------------------------------------------------
NOTES
[1] The period of results for this legal entity was for the 31 days ended
August 31, 2003; adjustments have been made to this Statement of
Operations to approximate results for the 28 days ended September 6, 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: 8/10/03 - 9/6/03
STATEMENT OF OPERATIONS (UNAUDITED) [1] [2]
(DOLLARS IN 000's)
AUGUST 10, 2003 -
CORE-MARK INTERRELATED COMPANIES, INC. SEPTEMBER 6, 2003
- ------------------------------------------------------------------------------------
NET SALES $ 6,945
COSTS AND EXPENSES:
Cost of sales (6,624)
Selling and administrative (82)
Reorganization items, net -
Interest expense -
Interest income and other -
Impairment/restructuring charges -
Litigation charges -
- --------------------------------------------------------------------------------
TOTAL COSTS AND EXPENSES (6,706)
- --------------------------------------------------------------------------------
Income/(Loss) before income taxes 239
Taxes on income/(loss) -
- --------------------------------------------------------------------------------
INCOME/(LOSS) FROM CONTINUING OPERATIONS 239
- --------------------------------------------------------------------------------
DISCONTINUED OPERATIONS:
Income/(Loss) before income taxes -
Taxes on income/(loss) -
- --------------------------------------------------------------------------------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS -
- --------------------------------------------------------------------------------
NET INCOME/(LOSS) $ 239
- --------------------------------------------------------------------------------
NOTES
[1] The period of results for this legal entity was for the 31 days ended
August 31, 2003; adjustments have been made to this Statement of
Operations to approximate results for the 28 days ended September 6, 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: 8/10/03 - 9/6/03
STATEMENT OF OPERATIONS (UNAUDITED) [1] [2]
(DOLLARS IN 000's)
AUGUST 10, 2003 -
CORE-MARK MID-CONTINENT, INC. SEPTEMBER 6, 2003
- ------------------------------------------------------------------------------------
NET SALES $ 44,533
COSTS AND EXPENSES:
Cost of sales (42,989)
Selling and administrative (797)
Reorganization items, net -
Interest expense -
Interest income and other -
Impairment/restructuring charges -
Litigation charges -
- --------------------------------------------------------------------------------
TOTAL COSTS AND EXPENSES (43,786)
- --------------------------------------------------------------------------------
Income/(Loss) before income taxes 747
Taxes on income/(loss) -
- --------------------------------------------------------------------------------
INCOME/(LOSS) FROM CONTINUING OPERATIONS 747
- --------------------------------------------------------------------------------
DISCONTINUED OPERATIONS:
Income/(Loss) before income taxes -
Taxes on income/(loss) -
- --------------------------------------------------------------------------------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS -
- --------------------------------------------------------------------------------
NET INCOME/(LOSS) $ 747
- --------------------------------------------------------------------------------
NOTES
[1] The period of results for this legal entity was for the 31 days ended
August 31, 2003; adjustments have been made to this Statement of
Operations to approximate results for the 28 days ended September 6, 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: 8/10/03 - 9/6/03
STATEMENT OF OPERATIONS (UNAUDITED) [1] [2]
(DOLLARS IN 000's)
AUGUST 10, 2003 -
DUNIGAN FUELS, INC. SEPTEMBER 6, 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
September 6, 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: 8/10/03 - 9/6/03
STATEMENT OF OPERATIONS (UNAUDITED) [1] [2]
(DOLLARS IN 000's)
AUGUST 10, 2003 -
FAVAR CONCEPTS, LTD SEPTEMBER 6, 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 (4)
Taxes on income/(loss) -
- --------------------------------------------------------------------------------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS (4)
- --------------------------------------------------------------------------------
NET INCOME/(LOSS) $ (4)
- --------------------------------------------------------------------------------
NOTES
[1] The period of results for this legal entity was for the 28 days ended
September 6, 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: 8/10/03 - 9/6/03
STATEMENT OF OPERATIONS (UNAUDITED) [1] [2]
(DOLLARS IN 000's)
AUGUST 10, 2003 -
FLEMING COMPANIES, INC. SEPTEMBER 6, 2003
- -----------------------------------------------------------------------------------
NET SALES $ 33,441
COSTS AND EXPENSES:
Cost of sales (32,288)
Selling and administrative (1,882)
Reorganization items, net (1)
Interest expense (201)
Interest income and other -
Impairment/restructuring charges (209)
Litigation charges -
- --------------------------------------------------------------------------------
TOTAL COSTS AND EXPENSES (34,581)
- --------------------------------------------------------------------------------
Income/(Loss) before income taxes (1,140)
Taxes on income/(loss) -
- --------------------------------------------------------------------------------
INCOME/(LOSS) FROM CONTINUING OPERATIONS (1,140)
- --------------------------------------------------------------------------------
DISCONTINUED OPERATIONS:
Income/(Loss) before income taxes (12,802)
Taxes on income/(loss) -
- --------------------------------------------------------------------------------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS (12,802)
- --------------------------------------------------------------------------------
NET INCOME/(LOSS) $ (13,942)
- --------------------------------------------------------------------------------
NOTES
[1] The period of results for the continuing operations of this legal entity
(four convenience divisions) was for the 31 days ended August 31, 2003;
adjustments have been made to this Statement of Operations to approximate
results for the 28 days ended September 6, 2003. The period of results for
the discontinued operations of this legal entity was for 28 days ended
September 6, 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: 8/10/03 - 9/6/03
STATEMENT OF OPERATIONS (UNAUDITED) [1] [2]
(DOLLARS IN 000'S)
- -------------------------------------------------------------------------------------------------
AUGUST 10, 2003 -
FLEMING FOODS OF TEXAS, L.P. SEPTEMBER 6, 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 (42,536)
Taxes on income/(loss) -
- ----------------------------------------------------------------------------------------------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS (42,536)
- ----------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------
NET INCOME/(LOSS) $ (42,536)
- ----------------------------------------------------------------------------------------------
NOTES
[1] The period of results for this legal entity was for the 28 days ended
September 6, 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: 8/10/03 - 9/6/03
STATEMENT OF OPERATIONS (UNAUDITED) [1] [2]
(DOLLARS IN 000'S)
- -------------------------------------------------------------------------------------------------
AUGUST 10, 2003 -
FLEMING INTERNATIONAL, LTD SEPTEMBER 6, 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 (3)
Taxes on income/(loss) -
- ----------------------------------------------------------------------------------------------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS (3)
- ----------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------
NET INCOME/(LOSS) $ (3)
- ----------------------------------------------------------------------------------------------
NOTES
[1] The period of results for this legal entity was for the 28 days ended
September 6, 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: 8/10/03 - 9/6/03
STATEMENT OF OPERATIONS (UNAUDITED) [1] [2]
(DOLLARS IN 000'S)
- -------------------------------------------------------------------------------------------------
AUGUST 10, 2003 -
FLEMING TRANSPORTATION SERVICES, INC. SEPTEMBER 6, 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 (6,107)
Taxes on income/(loss) -
- ----------------------------------------------------------------------------------------------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS (6,107)
- ----------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------
NET INCOME/(LOSS) $ (6,107)
- ----------------------------------------------------------------------------------------------
NOTES
[1] The period of results for this legal entity was for the 28 days ended
September 6, 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: 8/10/03 - 9/6/03
STATEMENT OF OPERATIONS (UNAUDITED) [1] [2]
(DOLLARS IN 000'S)
- -------------------------------------------------------------------------------------------------
AUGUST 10, 2003 -
HEAD DISTRIBUTING COMPANY SEPTEMBER 6, 2003
- -------------------------------------------------------------------------------------------------
NET SALES $ 10,631
COSTS AND EXPENSES:
Cost of sales (10,205)
Selling and administrative (1,244)
Reorganization items, net -
Interest expense -
Interest income and other 1
Impairment/restructuring charges -
Litigation charges -
- ----------------------------------------------------------------------------------------------
TOTAL COSTS AND EXPENSES (11,448)
- ----------------------------------------------------------------------------------------------
Income/(Loss) before income taxes (817)
Taxes on income/(loss) -
- ----------------------------------------------------------------------------------------------
INCOME/(LOSS) FROM CONTINUING OPERATIONS (817)
- ----------------------------------------------------------------------------------------------
DISCONTINUED OPERATIONS:
Income/(Loss) before income taxes -
Taxes on income/(loss) -
- ----------------------------------------------------------------------------------------------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS -
- ----------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------
NET INCOME/(LOSS) $ (817)
- ----------------------------------------------------------------------------------------------
NOTES
[1] The period of results for this legal entity was for the 31 days ended
August 31, 2003; adjustments have been made to this Statement of Operations
to approximate results for the 28 days ended September 6, 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: 8/10/03 - 9/6/03
STATEMENT OF OPERATIONS (UNAUDITED) [1] [2]
(DOLLARS IN 000'S)
- -------------------------------------------------------------------------------------------------
AUGUST 10, 2003 -
MINTER-WEISMAN CO. SEPTEMBER 6, 2003
- -------------------------------------------------------------------------------------------------
NET SALES $ 24,959
COSTS AND EXPENSES:
Cost of sales (23,123)
Selling and administrative (1,923)
Reorganization items, net -
Interest expense -
Interest income and other 3
Impairment/restructuring charges -
Litigation charges -
- ----------------------------------------------------------------------------------------------
TOTAL COSTS AND EXPENSES (25,043)
- ----------------------------------------------------------------------------------------------
Income/(Loss) before income taxes (84)
Taxes on income/(loss) -
- ----------------------------------------------------------------------------------------------
INCOME/(LOSS) FROM CONTINUING OPERATIONS (84)
- ----------------------------------------------------------------------------------------------
DISCONTINUED OPERATIONS:
Income/(Loss) before income taxes -
Taxes on income/(loss) -
- ----------------------------------------------------------------------------------------------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS -
- ----------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------
NET INCOME/(LOSS) $ (84)
- ----------------------------------------------------------------------------------------------
NOTES
[1] The period of results for this legal entity was for the 31 days ended
August 31, 2003; adjustments have been made to this Statement of Operations
to approximate results for the 28 days ended September 6, 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: 8/10/03 - 9/6/03
STATEMENT OF OPERATIONS (UNAUDITED) [1] [2]
(DOLLARS IN 000'S)
- -------------------------------------------------------------------------------------------------
AUGUST 10, 2003 -
PIGGLY WIGGLY COMPANY SEPTEMBER 6, 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 (781)
Taxes on income/(loss) -
- ----------------------------------------------------------------------------------------------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS (781)
- ----------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------
NET INCOME/(LOSS) $ (781)
- ----------------------------------------------------------------------------------------------
NOTES
[1] The period of results for this legal entity was for the 28 days ended
September 6, 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: 8/10/03 - 9/6/03
STATEMENT OF OPERATIONS (UNAUDITED) [1] [2]
(DOLLARS IN 000'S)
- -------------------------------------------------------------------------------------------------
AUGUST 10, 2003 -
PROGRESSIVE REALTY, INC. SEPTEMBER 6, 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
September 6, 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: 8/10/03 - 9/6/03
STATEMENT OF OPERATIONS (UNAUDITED) [1] [2]
(DOLLARS IN 000'S)
- -------------------------------------------------------------------------------------------------
AUGUST 10, 2003 -
RAINBOW FOOD GROUP, INC. SEPTEMBER 6, 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 (756)
Taxes on income/(loss) -
- ----------------------------------------------------------------------------------------------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS (756)
- ----------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------
NET INCOME/(LOSS) $ (756)
- ----------------------------------------------------------------------------------------------
NOTES
[1] The period of results for this legal entity was for the 28 days ended
September 6, 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: 8/10/03 - 9/6/03
STATEMENT OF OPERATIONS (UNAUDITED) [1] [2]
(DOLLARS IN 000'S)
- -------------------------------------------------------------------------------------------------
AUGUST 10, 2003 -
RETAIL INVESTMENTS, INC. SEPTEMBER 6, 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
September 6, 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: 8/10/03 - 9/6/03
STATEMENT OF OPERATIONS (UNAUDITED) [1] [2]
(DOLLARS IN 000'S)
- -------------------------------------------------------------------------------------------------
AUGUST 10, 2003 -
RFS MARKETING SERVICES, INC. SEPTEMBER 6, 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
September 6, 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: 8/10/03 - 9/6/03
STATEMENT OF OPERATIONS (UNAUDITED) [1] [2]
(DOLLARS IN 000'S)
- -------------------------------------------------------------------------------------------------
AUGUST 10, 2003 -
RICHMAR FOODS, INC. SEPTEMBER 6, 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 (622)
Taxes on income/(loss) -
- ----------------------------------------------------------------------------------------------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS (622)
- ----------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------
NET INCOME/(LOSS) $ (622)
- ----------------------------------------------------------------------------------------------
NOTES
[1] The period of results for this legal entity was for the 28 days ended
September 6, 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: 8/10/03 - 9/6/03
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
- ------------------------------------------------------------------------------------
AS OF
FLEMING COMPANIES, INC. & SUBSIDIARIES [2] SEPTEMBER 6, 2003
- ------------------------------------------------------------------------------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ 638,214
Receivables, net [3] 611,107
Inventories 182,124
Assets held for sale [4] 41,739
Other current assets 29,050
- --------------------------------------------------------------------------------
TOTAL CURRENT ASSETS 1,502,234
- --------------------------------------------------------------------------------
Investments and notes receivable, net 1,702
Investment in direct financing leases 7,150
- --------------------------------------------------------------------------------
Net property and equipment 42,787
- --------------------------------------------------------------------------------
Other assets 148,211
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
TOTAL ASSETS $ 1,702,084
- --------------------------------------------------------------------------------
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable [3] $ 25,392
Liabilities held for sale -
Other current liabilities 9,752
- --------------------------------------------------------------------------------
TOTAL CURRENT LIABILITIES 35,144
- --------------------------------------------------------------------------------
Long-term debt -
Long-term obligations under capital leases 51,668
Other liabilities 1,060
Liabilities subject to compromise [5] [6] 3,090,207
Net intercompany due to (from) [7] (15,531)
SHAREHOLDERS' EQUITY:
Common stock, $2.50 par value per share 136,221
Capital in excess of par value 708,200
Reinvested earnings (deficit) (2,177,457)
Accumulated other comprehensive income:
Additional minimum pension liability (129,215)
Cumulative foreign currency translation adjustment 1,787
- --------------------------------------------------------------------------------
TOTAL SHAREHOLDERS' EQUITY $ (1,460,464)
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,702,084
- --------------------------------------------------------------------------------
SPECIAL NOTE REGARDING AMENDMENT:
The Period 9 MOR has been amended to correct this balance sheet. Classification
corrections have been made to the common stock, capital in excess of par value,
reinvested earnings (deficit), and net intercompany due to (from) lines.
As described in the footnotes included herein and in previously filed MOR's, the
Company continues to reconcile its liabilities subject to compromise.
Adjustments have been and will continue to be made in future periods.
FORM MOR - 3
LIABILITIES SUBJECT TO COMPROMISE [5] [6]
Debt and notes payable [8] [9] $ 1,858,050
Accounts payable [10] [15] 727,130
Closed store reserves [11] 40,454
Other liabilities [12] [16] 203,406
Pension obligation [13] [17] 224,135
Taxes payable [14] [18] 37,032
-----------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 3,090,207
GENERAL
[1] The period close for certain legal entities was as of September 6, 2003 and
as of August 31, 2003 for other legal entities. See additional detail
explanation on each 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. Further, the related Balance Sheets are excluded from
the Monthly Operating Report.
[3] The accounts payable balance as of September 6 includes vendor deductions
for PRADS, military, advertising and other vendor related deductions. Any
resulting net debit balance, for each legal entity, in accounts payable has
been reclassified to accounts receivable. No amount has currently been
reserved for receivables from vendors.
[4] Continuing Operations as of Period 9, 2003 includes only the convenience
business (or 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. Certain of the balances have been estimated.
See additional detail explanations on each 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
inflated by certain reclasses made between Accounts Payable and Accounts
Receivable (see note 3).
[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 senior 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. legal entity.
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 9 balances. Accrued interest relates to all prepetition debt
included in Liabilities Subject to Compromise.
[10] Accounts payable includes trade payables, retailer incentives and accrued
expenses. Trade payables and accrued expenses less accrued insurance were
taken from the SOFA schedules (excludes Richmar Foods, Inc., Dunigan Fuels,
Inc., Favar Concepts, Ltd., Fleming Transportation Service, Inc., Piggly
Wiggly Company and RFS Marketing Services, Inc.) Richmar Foods, Inc.'s
balance represents a detailed review of the accounts payable trial balance
which was performed after the filing of the SOFA schedules. Dunigan Fuels,
Inc. is a period 4 balance. Favar Concepts, Ltd., Fleming Transportation
Service, Inc., Piggly Wiggly Company and RFS Marketing Services, Inc. are
period 3 balances plus 9/28ths of the net activity for period 4 (9 of the
28 days in period 4 were prepetition). Accrued insurance is a period 3
balance. Retailer incentives is a period 3 balance plus 9/28ths of the net
activity for period 4.
[11] Close store reserves are period 9 balances.
[12] Other liabilities includes accrued compensation, accrued severance, union
pension withdrawal liabilities, other current liabilities, deferred income,
and other long-term liabilities. Other current liabilities, other long-term
liabilities and deferred income are period 3 balances plus 9/28ths of the
net activity for period 4. Accrued Compensation and union pension
withdrawal liabilities are period 4 balances (excludes vacation pay which
is the amount earned in excess of the $4,650 cap by employees terminated in
periods 4 through 9). Accrued severance was taken from the SOFA schedules.
[13] Pension obligation is a period 9 balance.
[14] Taxes payable includes income taxes and taxes other than income. Income tax
liability is a period 4 balance. Taxes other than income is a period 3
balance plus 9/28ths of the net activity for period 4. Cigarette taxes
payable is included in accounts payable.
CORE-MARK ENTITIES
[15] Accounts payable includes trade payables, retailer incentives and accrued
expenses. Accounts payable is a period 4 balance (excludes Head
Distributing Company which is per the SOFA schedule). Retailer incentives,
accrued expenses (including accrued insurance) are period 4 balances.
[16] Other liabilities, which include accrued compensation, other current
liabilities and other long-term liabilities, are period 4 balances.
[17] Pension obligation is a period 9 balance.
[18] Taxes payable includes income taxes and taxes other than income. Income tax
liability and taxes other than income are period 4 balances.
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: 8/10/03 - 9/6/03
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
AS OF
ABCO FOOD GROUP, INC. SEPTEMBER 6, 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 September 6, 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: 8/10/03 - 9/6/03
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
AS OF
CORE-MARK INTERNATIONAL, INC. AUGUST 31, 2003
- -------------------------------------------------------------------------------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ 201,532
Receivables, net 187,024
Inventories 97,105
Assets held for sale -
Other current assets 11,472
- ----------------------------------------------------------------------------------
TOTAL CURRENT ASSETS 497,133
- ----------------------------------------------------------------------------------
Investments and notes receivable, net -
Investment in direct financing leases -
- ----------------------------------------------------------------------------------
Net property and equipment 20,233
- ----------------------------------------------------------------------------------
Other assets 40,195
- ----------------------------------------------------------------------------------
TOTAL ASSETS $ 557,561
- ----------------------------------------------------------------------------------
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ -
Liabilities held for sale -
Other current liabilities 3,349
- ----------------------------------------------------------------------------------
TOTAL CURRENT LIABILITIES 3,349
- ----------------------------------------------------------------------------------
Long-term debt -
Long-term obligations under capital leases -
Other liabilities -
Liabilities subject to compromise 192,848
Net intercompany due to (from) 361,364
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 $ 557,561
- ----------------------------------------------------------------------------------
LIABILITIES SUBJECT TO COMPROMISE [2]
Debt and notes payable $ -
Accounts payable 171,661
Closed store reserves -
Other liabilities 6,798
Pension obligation 5,578
Taxes payable 8,811
---------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 192,848
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 9 as necessary.
FORM MOR - 3
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 8/10/03 - 9/6/03
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
AS OF
CORE-MARK INTERRELATED COMPANIES, INC. AUGUST 31, 2003
- -------------------------------------------------------------------------------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ 2
Receivables, net 2,710
Inventories 8,591
Assets held for sale -
Other current assets 30
- ----------------------------------------------------------------------------------
TOTAL CURRENT ASSETS 11,333
- ----------------------------------------------------------------------------------
Investments and notes receivable, net -
Investment in direct financing leases -
- ----------------------------------------------------------------------------------
Net property and equipment 330
- ----------------------------------------------------------------------------------
Other assets -
- ----------------------------------------------------------------------------------
TOTAL ASSETS $ 11,663
- ----------------------------------------------------------------------------------
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ 590
Liabilities held for sale -
Other current liabilities 80
- ----------------------------------------------------------------------------------
TOTAL CURRENT LIABILITIES 670
- ----------------------------------------------------------------------------------
Long-term debt -
Long-term obligations under capital leases -
Other liabilities -
Liabilities subject to compromise 1,031
Net intercompany due to (from) 9,962
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 $ 11,663
- ----------------------------------------------------------------------------------
LIABILITIES SUBJECT TO COMPROMISE [2]
Debt and notes payable $ -
Accounts payable 1,031
Closed store reserves -
Other liabilities -
Pension obligation -
Taxes payable -
---------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 1,031
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 9 as necessary.
FORM MOR - 3
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 8/10/03 - 9/6/03
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
AS OF
CORE-MARK MID-CONTINENT, INC. AUGUST 31, 2003
- -------------------------------------------------------------------------------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ 88
Receivables, net 24,113
Inventories 24,965
Assets held for sale -
Other current assets 1,652
- ----------------------------------------------------------------------------------
TOTAL CURRENT ASSETS 50,818
- ----------------------------------------------------------------------------------
Investments and notes receivable, net -
Investment in direct financing leases -
- ----------------------------------------------------------------------------------
Net property and equipment 11,965
- ----------------------------------------------------------------------------------
Other assets 2,969
- ----------------------------------------------------------------------------------
TOTAL ASSETS $ 65,752
- ----------------------------------------------------------------------------------
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ 7,888
Liabilities held for sale -
Other current liabilities 446
- ----------------------------------------------------------------------------------
TOTAL CURRENT LIABILITIES 8,334
- ----------------------------------------------------------------------------------
Long-term debt -
Long-term obligations under capital leases -
Other liabilities -
Liabilities subject to compromise 5,075
Net intercompany due to (from) 52,343
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 $ 65,752
- ----------------------------------------------------------------------------------
LIABILITIES SUBJECT TO COMPROMISE [2]
Debt and notes payable $ -
Accounts payable 4,212
Closed store reserves -
Other liabilities 844
Pension obligation -
Taxes payable 19
---------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 5,075
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 9 as necessary.
FORM MOR - 3
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 8/10/03 - 9/6/03
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
AS OF
DUNIGAN FUELS, INC. SEPTEMBER 6, 2003
- --------------------------------------------------------------------------------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ -
Receivables, net 3,065
Inventories -
Assets held for sale -
Other current assets -
- ----------------------------------------------------------------------------------
TOTAL CURRENT ASSETS 3,065
- ----------------------------------------------------------------------------------
Investments and notes receivable, net -
Investment in direct financing leases -
- ----------------------------------------------------------------------------------
Net property and equipment -
- ----------------------------------------------------------------------------------
Other assets -
- ----------------------------------------------------------------------------------
TOTAL ASSETS $ 3,065
- ----------------------------------------------------------------------------------
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 8,867
Net intercompany due to (from) (5,802)
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 $ 3,065
- ----------------------------------------------------------------------------------
LIABILITIES SUBJECT TO COMPROMISE [2]
Debt and notes payable $ -
Accounts payable 8,695
Closed store reserves 172
Other liabilities -
Pension obligation -
Taxes payable -
---------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 8,867
NOTES
[1] Refer to Fleming Companies, Inc. & Subsidiaries Balance Sheet for all
financial statement footnotes.
[2] The period close for this legal entity was September 6, 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: 8/10/03 - 9/6/03
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
AS OF
FAVAR CONCEPTS, LTD SEPTEMBER 6, 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 $ 93
Liabilities held for sale -
Other current liabilities -
- ----------------------------------------------------------------------------------
TOTAL CURRENT LIABILITIES 93
- ----------------------------------------------------------------------------------
Long-term debt -
Long-term obligations under capital leases -
Other liabilities -
Liabilities subject to compromise 459
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 459
Closed store reserves -
Other liabilities -
Pension obligation -
Taxes payable -
---------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 459
NOTES
[1] Refer to Fleming Companies, Inc. & Subsidiaries Balance Sheet for all
financial statement footnotes.
[2] The period close for this legal entity was September 6, 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: 8/10/03 - 9/6/03
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
AS OF
FLEMING COMPANIES, INC. SEPTEMBER 6, 2003
- --------------------------------------------------------------------------------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ 436,579
Receivables, net 293,751
Inventories 23,141
Assets held for sale -
Other current assets 13,331
- -----------------------------------------------------------------------------------
TOTAL CURRENT ASSETS 766,802
- -----------------------------------------------------------------------------------
Investments and notes receivable, net 1,702
Investment in direct financing leases 7,150
- -----------------------------------------------------------------------------------
Net property and equipment 4,345
- -----------------------------------------------------------------------------------
Other assets 95,063
- -----------------------------------------------------------------------------------
TOTAL ASSETS $ 875,062
- -----------------------------------------------------------------------------------
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ 8,640
Liabilities held for sale -
Other current liabilities 2,792
- -----------------------------------------------------------------------------------
TOTAL CURRENT LIABILITIES 11,432
- -----------------------------------------------------------------------------------
Long-term debt -
Long-term obligations under capital leases 16,644
Other liabilities 1,060
Liabilities subject to compromise 2,784,586
Net intercompany due to (from) (478,196)
SHAREHOLDERS' EQUITY:
Common stock, $2.50 par value per share 136,221
Capital in excess of par value 708,200
Reinvested earnings (deficit) (2,177,457)
Accumulated other comprehensive income:
Additional minimum pension liability (129,215)
Cumulative foreign currency translation adjustment 1,787
- -----------------------------------------------------------------------------------
TOTAL SHAREHOLDERS' EQUITY $ (1,460,464)
- -----------------------------------------------------------------------------------
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 875,062
- -----------------------------------------------------------------------------------
LIABILITIES SUBJECT TO COMPROMISE [2]
Debt and notes payable $ 1,858,050
Accounts payable 453,748
Closed store reserves 40,282
Other liabilities 189,897
Pension obligation 218,507
Taxes payable 24,102
------------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 2,784,586
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 August 31, 2003, and for the discontinued
operations as of September 6, 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.
SPECIAL NOTE REGARDING AMENDMENT:
The Period 9 MOR has been amended to correct this balance sheet. Classification
corrections have been made to the common stock, capital in excess of par value,
reinvested earnings (deficit), and net intercompany due to (from) lines.
FORM MOR - 3
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 8/10/03 - 9/6/03
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
AS OF
FLEMING FOODS OF TEXAS, L.P. SEPTEMBER 6, 2003
- --------------------------------------------------------------------------------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ -
Receivables, net 57,449
Inventories -
Assets held for sale -
Other current assets 802
- ----------------------------------------------------------------------------------
TOTAL CURRENT ASSETS 58,251
- ----------------------------------------------------------------------------------
Investments and notes receivable, net -
Investment in direct financing leases -
- ----------------------------------------------------------------------------------
Net property and equipment -
- ----------------------------------------------------------------------------------
Other assets 8,278
- ----------------------------------------------------------------------------------
TOTAL ASSETS $ 66,529
- ----------------------------------------------------------------------------------
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ -
Liabilities held for sale -
Other current liabilities 260
- ----------------------------------------------------------------------------------
TOTAL CURRENT LIABILITIES 260
- ----------------------------------------------------------------------------------
Long-term debt -
Long-term obligations under capital leases 1,332
Other liabilities -
Liabilities subject to compromise 43,442
Net intercompany due to (from) 21,495
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 $ 66,529
- ----------------------------------------------------------------------------------
LIABILITIES SUBJECT TO COMPROMISE [2]
Debt and notes payable $ -
Accounts payable 42,027
Closed store reserves -
Other liabilities 805
Pension obligation -
Taxes payable 610
---------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 43,442
NOTES
[1] Refer to Fleming Companies, Inc. & Subsidiaries Balance Sheet for all
financial statement footnotes.
[2] The period close for this legal entity was September 6, 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: 8/10/03 - 9/6/03
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
AS OF
FLEMING INTERNATIONAL, LTD SEPTEMBER 6, 2003
- --------------------------------------------------------------------------------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ -
Receivables, net 441
Inventories -
Assets held for sale -
Other current assets -
- ----------------------------------------------------------------------------------
TOTAL CURRENT ASSETS 441
- ----------------------------------------------------------------------------------
Investments and notes receivable, net -
Investment in direct financing leases -
- ----------------------------------------------------------------------------------
Net property and equipment -
- ----------------------------------------------------------------------------------
Other assets 48
- ----------------------------------------------------------------------------------
TOTAL ASSETS $ 489
- ----------------------------------------------------------------------------------
LIABILITIES AND SHAREHOLDERS' EQUITY
- ----------------------------------------------------------------------------------
CURRENT LIABILITIES:
Accounts payable $ -
Liabilities held for sale -
Other current liabilities 36
- ----------------------------------------------------------------------------------
TOTAL CURRENT LIABILITIES 36
- ----------------------------------------------------------------------------------
Long-term debt -
Long-term obligations under capital leases -
Other liabilities -
Liabilities subject to compromise -
Net intercompany due to (from) 453
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 $ 489
- ----------------------------------------------------------------------------------
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 September 6, 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: 8/10/03 - 9/6/03
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
AS OF
FLEMING TRANSPORTATION SERVICES, INC. SEPTEMBER 6, 2003
- --------------------------------------------------------------------------------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ -
Receivables, net 1,983
Inventories -
Assets held for sale -
Other current assets 40
- ----------------------------------------------------------------------------------
TOTAL CURRENT ASSETS 2,023
- ----------------------------------------------------------------------------------
Investments and notes receivable, net -
Investment in direct financing leases -
- ----------------------------------------------------------------------------------
Net property and equipment -
- ----------------------------------------------------------------------------------
Other assets -
- ----------------------------------------------------------------------------------
TOTAL ASSETS $ 2,023
- ----------------------------------------------------------------------------------
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ 124
Liabilities held for sale -
Other current liabilities 392
- ----------------------------------------------------------------------------------
TOTAL CURRENT LIABILITIES 516
- ----------------------------------------------------------------------------------
Long-term debt -
Long-term obligations under capital leases -
Other liabilities -
Liabilities subject to compromise 242
Net intercompany due to (from) 1,265
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 $ 2,023
- ----------------------------------------------------------------------------------
LIABILITIES SUBJECT TO COMPROMISE [2]
Debt and notes payable $ -
Accounts payable 208
Closed store reserves -
Other liabilities 25
Pension obligation -
Taxes payable 9
---------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 242
NOTES
[1] Refer to Fleming Companies, Inc. & Subsidiaries Balance Sheet for all
financial statement footnotes.
[2] The period close for this legal entity was September 6, 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: 8/10/03 - 9/6/03
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
AS OF
HEAD DISTRIBUTING COMPANY AUGUST 31, 2003
- -------------------------------------------------------------------------------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ -
Receivables, net 15,040
Inventories 13,294
Assets held for sale -
Other current assets 609
- ----------------------------------------------------------------------------------
TOTAL CURRENT ASSETS 28,943
- ----------------------------------------------------------------------------------
Investments and notes receivable, net -
Investment in direct financing leases -
- ----------------------------------------------------------------------------------
Net property and equipment 3,681
- ----------------------------------------------------------------------------------
Other assets 1,074
- ----------------------------------------------------------------------------------
TOTAL ASSETS $ 33,698
- ----------------------------------------------------------------------------------
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ -
Liabilities held for sale -
Other current liabilities 1,148
- ----------------------------------------------------------------------------------
TOTAL CURRENT LIABILITIES 1,148
- ----------------------------------------------------------------------------------
Long-term debt -
Long-term obligations under capital leases -
Other liabilities -
Liabilities subject to compromise 7,416
Net intercompany due to (from) 25,134
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 $ 33,698
- ----------------------------------------------------------------------------------
LIABILITIES SUBJECT TO COMPROMISE [2]
Debt and notes payable $ -
Accounts payable 7,485
Closed store reserves -
Other liabilities (95)
Pension obligation -
Taxes payable 26
---------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 7,416
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 9 as necessary.
FORM MOR - 3
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 8/10/03 - 9/6/03
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
AS OF
MINTER-WEISMAN CO. AUGUST 31, 2003
- -------------------------------------------------------------------------------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ -
Receivables, net 14,459
Inventories 15,028
Assets held for sale -
Other current assets 979
- ----------------------------------------------------------------------------------
TOTAL CURRENT ASSETS 30,466
- ----------------------------------------------------------------------------------
Investments and notes receivable, net -
Investment in direct financing leases -
- ----------------------------------------------------------------------------------
Net property and equipment 2,233
- ----------------------------------------------------------------------------------
Other assets 469
- ----------------------------------------------------------------------------------
TOTAL ASSETS $ 33,168
- ----------------------------------------------------------------------------------
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ 7,202
Liabilities held for sale -
Other current liabilities -
- ----------------------------------------------------------------------------------
TOTAL CURRENT LIABILITIES 7,202
- ----------------------------------------------------------------------------------
Long-term debt -
Long-term obligations under capital leases -
Other liabilities -
Liabilities subject to compromise 6,017
Net intercompany due to (from) 19,949
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 $ 33,168
- ----------------------------------------------------------------------------------
LIABILITIES SUBJECT TO COMPROMISE [2]
Debt and notes payable $ -
Accounts payable 5,794
Closed store reserves -
Other liabilities 208
Pension obligation -
Taxes payable 15
---------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 6,017
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 9 as necessary.
FORM MOR - 3
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 8/10/03 - 9/6/03
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
AS OF
PIGGLY WIGGLY COMPANY SEPTEMBER 6, 2003
- --------------------------------------------------------------------------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ -
Receivables, net 1,389
Inventories -
Assets held for sale -
Other current assets 114
- --------------------------------------------------------------------------
TOTAL CURRENT ASSETS 1,503
- --------------------------------------------------------------------------
Investments and notes receivable, net -
Investment in direct financing leases -
- --------------------------------------------------------------------------
Net property and equipment -
- --------------------------------------------------------------------------
Other assets -
- --------------------------------------------------------------------------
- --------------------------------------------------------------------------
TOTAL ASSETS $1,503
- --------------------------------------------------------------------------
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ 49
Liabilities held for sale -
Other current liabilities 16
- --------------------------------------------------------------------------
TOTAL CURRENT LIABILITIES 65
- --------------------------------------------------------------------------
Long-term debt -
Long-term obligations under capital leases -
Other liabilities -
Liabilities subject to compromise 597
Net intercompany due to (from) 841
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 $1,503
- --------------------------------------------------------------------------
LIABILITIES SUBJECT TO COMPROMISE [2]
Debt and notes payable $ -
Accounts payable 597
Closed store reserves -
Other liabilities -
Pension obligation -
Taxes payable -
------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 597
NOTES
[1] Refer to Fleming Companies, Inc. & Subsidiaries Balance Sheet for all
financial statement footnotes.
[2] The period close for this legal entity was September 6, 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: 8/10/03 - 9/6/03
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
AS OF
PROGRESSIVE REALTY, INC. SEPTEMBER 6, 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 $ 9
Liabilities held for sale -
Other current liabilities 290
- ---------------------------------------------------------------------------
TOTAL CURRENT LIABILITIES 299
- ---------------------------------------------------------------------------
Long-term debt -
Long-term obligations under capital leases -
Other liabilities -
Liabilities subject to compromise 1,220
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 1,220
Pension obligation -
Taxes payable -
-------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 1,220
NOTES
[1] Refer to Fleming Companies, Inc. & Subsidiaries Balance Sheet for all
financial statement footnotes.
[2] The period close for this legal entity was September 6, 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: 8/10/03 - 9/6/03
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
AS OF
RAINBOW FOOD GROUP, INC. SEPTEMBER 6, 2003
- --------------------------------------------------------------------------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ -
Receivables, net 5,619
Inventories -
Assets held for sale 20,982
Other current assets 17
- ---------------------------------------------------------------------------
TOTAL CURRENT ASSETS 26,618
- ---------------------------------------------------------------------------
Investments and notes receivable, net -
Investment in direct financing leases -
- ---------------------------------------------------------------------------
Net property and equipment -
- ---------------------------------------------------------------------------
Other assets 80
- ---------------------------------------------------------------------------
- ---------------------------------------------------------------------------
TOTAL ASSETS $ 26,698
- ---------------------------------------------------------------------------
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ 629
Liabilities held for sale -
Other current liabilities 455
- ---------------------------------------------------------------------------
TOTAL CURRENT LIABILITIES 1,084
- ---------------------------------------------------------------------------
Long-term debt -
Long-term obligations under capital leases 23,511
Other liabilities -
Liabilities subject to compromise 19,274
Net intercompany due to (from) (17,171)
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 $ 26,698
- ---------------------------------------------------------------------------
LIABILITIES SUBJECT TO COMPROMISE [2]
Debt and notes payable $ -
Accounts payable 19,073
Closed store reserves -
Other liabilities 201
Pension obligation -
Taxes payable -
--------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 19,274
NOTES
[1] Refer to Fleming Companies, Inc. & Subsidiaries Balance Sheet for all
financial statement footnotes.
[2] The period close for this legal entity was September 6, 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: 8/10/03 - 9/6/03
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
AS OF
RETAIL INVESTMENTS, INC. SEPTEMBER 6, 2003
- --------------------------------------------------------------------------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ 1
Receivables, net -
Inventories -
Assets held for sale -
Other current assets -
- --------------------------------------------------------------------------
TOTAL CURRENT ASSETS 1
- --------------------------------------------------------------------------
Investments and notes receivable, net -
Investment in direct financing leases -
- --------------------------------------------------------------------------
Net property and equipment -
- --------------------------------------------------------------------------
Other assets -
- --------------------------------------------------------------------------
- --------------------------------------------------------------------------
TOTAL ASSETS $ 1
- --------------------------------------------------------------------------
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ -
Liabilities held for sale -
Other current liabilities 3
- --------------------------------------------------------------------------
TOTAL CURRENT LIABILITIES 3
- --------------------------------------------------------------------------
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 $ 1
- --------------------------------------------------------------------------
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 September 6, 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: 8/10/03 - 9/6/03
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
AS OF
RFS MARKETING SERVICES, INC. SEPTEMBER 6, 2003
- --------------------------------------------------------------------------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ 12
Receivables, net 23
Inventories -
Assets held for sale -
Other current assets 1
- --------------------------------------------------------------------------
TOTAL CURRENT ASSETS 36
- --------------------------------------------------------------------------
Investments and notes receivable, net -
Investment in direct financing leases -
- --------------------------------------------------------------------------
Net property and equipment -
- --------------------------------------------------------------------------
Other assets 33
- --------------------------------------------------------------------------
- --------------------------------------------------------------------------
TOTAL ASSETS $ 69
- --------------------------------------------------------------------------
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 53
Net intercompany due to (from) 16
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 $ 69
- --------------------------------------------------------------------------
LIABILITIES SUBJECT TO COMPROMISE [2]
Debt and notes payable $ -
Accounts payable 30
Closed store reserves -
Other liabilities 23
Pension obligation -
Taxes payable -
------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 53
NOTES
[1] Refer to Fleming Companies, Inc. & Subsidiaries Balance Sheet for all
financial statement footnotes.
[2] The period close for this legal entity was September 6, 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: 8/10/03 - 9/6/03
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
AS OF
RICHMAR FOODS, INC. SEPTEMBER 6, 2003
- --------------------------------------------------------------------------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ -
Receivables, net 4,041
Inventories -
Assets held for sale 20,757
Other current assets -
- ---------------------------------------------------------------------------
TOTAL CURRENT ASSETS 24,798
- ---------------------------------------------------------------------------
Investments and notes receivable, net -
Investment in direct financing leases -
- ---------------------------------------------------------------------------
Net property and equipment -
- ---------------------------------------------------------------------------
Other assets -
- ---------------------------------------------------------------------------
- ---------------------------------------------------------------------------
TOTAL ASSETS $ 24,798
- ---------------------------------------------------------------------------
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ 168
Liabilities held for sale -
Other current liabilities 485
- ---------------------------------------------------------------------------
TOTAL CURRENT LIABILITIES 653
- ---------------------------------------------------------------------------
Long-term debt -
Long-term obligations under capital leases 10,181
Other liabilities -
Liabilities subject to compromise 17,778
Net intercompany due to (from) (3,814)
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 $ 24,798
- ---------------------------------------------------------------------------
LIABILITIES SUBJECT TO COMPROMISE [2]
Debt and notes payable $ -
Accounts payable 12,110
Closed store reserves -
Other liabilities 2,178
Pension obligation 50
Taxes payable 3,440
--------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 17,778
NOTES
[1] Refer to Fleming Companies, Inc. & Subsidiaries Balance Sheet for all
financial statement footnotes.
[2] The period close for this legal entity was September 6, 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: 8/10/03 - 9/6/03
(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 [11] LIABILITY
- ------------------------------------------------------------------------------------------------
FEDERAL
Payroll Taxes [1] $ (72) $ (3,882) $ 3,839 $ (115)
Income (938) (37) 0 (975)
- -----------------------------------------------------------------------------------------------
TOTAL FEDERAL TAXES $ (1,010) $ (3,919) $ 3,839 $ (1,090)
- -----------------------------------------------------------------------------------------------
STATE AND LOCAL
Payroll Taxes [1] $ (378) $ (460) $ 525 $ (313)
Sales [2][12] (680) (1,288) 313 (1,655)
Excise [2] (45) (7) 20 (32)
Real & Personal Property [3] (11,173) (56) 761 (10,468)
Cigarette & Tobacco [4] - (260) 260 -
Franchise [2] (291) - 15 (276)
- -----------------------------------------------------------------------------------------------
Total State and Local $(12,567) $ (2,071) $ 1,894 $(12,744)
- -----------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------
TOTAL TAXES $(13,577) $ (5,990) $ 5,733 $(13,834)
- -----------------------------------------------------------------------------------------------
BEGINNING AMOUNT ENDING
TAX WITHHELD OR AMOUNT TAX
CORE-MARK[9] LIABILITY ACCRUED PAID LIABILITY
- ------------------------------------------------------------------------------------------------
FEDERAL
Payroll Taxes [1] $ (431) $ (3,616) $ 3,842 $ (205)
Income - - - -
- -----------------------------------------------------------------------------------------------
TOTAL FEDERAL TAXES $ (431) $ (3,616) $ 3,842 $ (205)
- -----------------------------------------------------------------------------------------------
STATE AND LOCAL
Payroll Taxes [1] $ 17 $ (519) $ 502 $ 0
Sales (38) (36) 60 (14)
Excise (425) (211) 144 (492)
Real & Personal Property [3] (374) (110) 18 (466)
Cigarette & Tobacco (48,331) (83,929) 92,889 (39,371)
Other: GST [5] (2,085) (2,249) 2,275 (2,059)
Other: Spokane & Portland B&O Tax [6] (177) (52) 149 (80)
- -----------------------------------------------------------------------------------------------
Total State and Local $ (51,413) $ (87,106) $ 96,037 $(42,482)
- -----------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------
TOTAL TAXES $ (51,844) $ (90,722) $ 99,879 $(42,687)
- -----------------------------------------------------------------------------------------------
SUMMARY OF UNPAID POSTPETITION DEBTS
FLEMING ACCOUNTS PAYABLE AGING (IN THOUSANDS) AMOUNT
- --------------------------------------------------------------------------------
Current $ -
0 - 30 days [7] 16,914
31 - 60 days -
61 - 90 days -
91 + days -
- --------------------------------------------------------------------------------
Total Accounts Payable [8] $ 16,914
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
CORE-MARK ACCOUNTS PAYABLE AGING (IN THOUSANDS) [9] AMOUNT
- --------------------------------------------------------------------------------
Current $ -
0 - 30 days [7] [10] 8,478
31 - 60 days -
61 - 90 days -
91+ days -
- --------------------------------------------------------------------------------
Total Accounts Payable [8] $ 8,478
- --------------------------------------------------------------------------------
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. Further, Fleming's payroll taxes, both federal and
state, include Core-Mark's seven Eastern divisions.
[2] Sales, Excise and Franchise postpetition taxes are calculated by adding to
the period 8 balance the net accrual increase/decrease in period 9.
[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] Cigarette and tobacco tax data was not available on an accrual basis. The
period 9 expense was recorded as the accrual and the expense amount.
[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. Fleming's aging
includes Head and Minter-Weisman.
[8] Accounts Payable per the Balance Sheet includes trade accounts payable,
retailer incentives and other accrued expenses.
[9] Core-Mark's postpetition taxes and Accounts Payable data is for Core-Mark's
period 9 which is August 1, 2003 through August 31, 2003.
[10] Core-Mark's Accounts Payable Aging excludes the "Fleming 7" entities.
[11] Amount Paid represents amounts paid, amounts received and other adjustments
during the period.
[12] The beginning tax liability for period 9 includes an immaterial error
correction from the period 8 ending balance.
FORM MOR - 4
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 8/10/03 - 9/6/03
(DOLLARS IN 000'S)
ACCOUNTS RECEIVABLE AGINGS
FLEMING ACCOUNTS RECEIVABLE AGING [1] [2] [7] AMOUNT
- -----------------------------------------------------------------------
Not Due $ 3,798
Current 33,689
1 - 7 days old 21,668
8 - 14 days old 62,589
15 - 21 days old 34,752
+ Over 21 days 336,574
Credits Over 21 days [1] (41,092)
- -----------------------------------------------------------------------
Total Accounts Receivable $ 451,978
- -----------------------------------------------------------------------
Amount considered uncollectible (Bad Debt) [3] (54,716)
Accounts Receivable (Net) $ 397,263
CORE-MARK ACCOUNTS RECEIVABLE AGING [1] [4] [7] AMOUNT
- -----------------------------------------------------------------------
Current $ 186,774
1 - 30 days old 25,049
31 - 45 days old 785
40 - 60 days old 386
61 - 90 days old 676
91 - 120 days old 301
+ Over 120 days 3,450
- -----------------------------------------------------------------------
Total Accounts Receivable $ 217,421
- -----------------------------------------------------------------------
Amount considered uncollectible (Bad Debt) [3] (3,573)
Accounts Receivable (Net) $ 213,848
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. [6] X
4. Are workers compensation, general liability and other necessary insurance
coverages in effect?
If no, provide an explanation below. X
NOTES
[1] Fleming's Accounts Receivable Aging includes Core-Mark's 7 Eastern
divisions ("Fleming 7"). Therefore, Core-Mark's Accounts Receivable Aging
excludes them.
[2] An Accounts Receivable Aging was not available Fleming's entities,
excluding Wholesale. The Wholesale Accounts Receivable was aged above as it
accounts for approximately 29.31% of the Accounts Receivable balance. The
remaining accounts receivable balance (including any adjustments) was
allocated to each aging category based on the percentage of Fleming's
wholesale aging categories to total wholesale accounts receivable.
[3] Amount considered uncollectible (Bad Debt) is per the general ledger for
all entities as of September 6, 2003. As a result of the sale of the
Company's wholesale distribution business, the Company will review its
allowance for doubtful accounts.
[4] Core-Mark's Accounts Receivable data is for Core-Mark's period 9 ended
August 31, 2003. Further, Core-Mark's Accounts Receivable Aging total
differed from the general ledger total due to timing differences and
adjustments. As a result, the remaining receivable balance was allocated to
each aging category based on the percentage of each aging category to total
accounts receivable.
[5] On August 15, 2003 the Company liquidated inventory of approximately $3.9
million. On August 23, 2003 the Company sold substantially all grocery
wholesale assets for approximately $237.8 million. On September 3, 2003 the
Company sold land located in Kansas and Michigan totaling approximately
$1.9 million. Also on September 3, 2003 the Company sold liquor licenses,
miscellaneous assets and assumed leases for approximately $0.6 million.
[6] Four tax returns were not filed timely due to incomplete information. The
four returns were August 2003 Nebraska Cigarette Return - Lincoln Division;
August 2003 Arkansas Egg Return - Garland Division; August 2003 Alabama
Cigarette Return - Geneva Division; August 2003 Louisiana Tobacco Tax
Return-Lafayette Division.
[7] Any net debit balance resulting from vendor deductions in accounts payable
has been reclassified to accounts receivable. No amount has currently been
reserved for receivables from vendors.
FORM MOR - 5
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 8/10/03 - 9/6/03
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: 8/10/2003 TO 9/06/2003
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, the following returns were not timely filed due to
incomplete information and/or inability for accounts payable to print checks
needed to remit with the return at the time the returns were due.
These returns have subsequently been filed with the appropriate jurisdictions.
August 2003 Nebraska Cigarette Return--Lincoln Division;
August 2003 Arkansas Egg Return--Garland Division;
August 2003 Alabama Cigarette Return--Geneva Division;
August 2003 Louisiana Tobacco Tax Return--Lafayette Division;
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.
October 17, 2003 /s/ Lisa P. Shield
- ---------------------------- ----------------------------
Date Lisa P. Shield, Partner