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: 11/02/03 - 11/30/03
MONTHLY OPERATING REPORT
File with Court and submit copy to United States Trustee within 45 days after
end of the period
Submit copy of report to any official committee appointed in the case.
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 January 21, 2004
- --------------------------------- --------------------------------------
Printed Name of Responsible Party Date: January 21, 2004
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 11/02/03 - 11/30/03
NOTES TO THE MONTHLY OPERATING REPORT
GENERAL
The report includes activity from the following Debtors and related Case Numbers
[1] [2] [3] [4] [5] [6] [7] [8] [9] [10] [11] [12] [13] [14]:
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 [15]:
Core-Mark International, Inc. 03-10944
ASI Office Automation, Inc. 03-10949
Core-Mark Mid-Continent, Inc. 03-10950
Core-Mark Interrelated Companies, Inc. 03-10951
C/M Products, Inc. 03-10952
General Acceptance Corporation 03-10961
Marquise Ventures Company, Inc. 03-10962
Head Distributing Company 03-10963
Minter Weisman Co. 03-10964
NOTES:
[1] All information contained within this Monthly Operating Report is subject
to change upon further reconciliation.
[2] "the Company" refers to Fleming Companies, Inc. and its related
subsidiaries.
[3] Within this Monthly Operating Report Core-Mark's Eastern Divisions or
"Fleming 7" refers to Head Distributing Company, Minter-Weisman, and the
Marshfield, Chicago, Altoona and Leitchfield divisions included within
Fleming Companies, Inc.
[4] Period 3 refers to February 23, 2003 through March 22, 2003.
[5] Period 4 refers to March 23, 2003 through April 19, 2003.
[6] Period 5 refers to April 20, 2003 through May 17, 2003.
[7] Period 6 refers to May 18, 2003 through June 14, 2003.
[8] Period 7 refers to June 15 through July 12, 2003.
[9] Period 8 refers to July 13 through August 9, 2003.
[10] Period 9 refers to August 10 through September 6, 2003.
[11] Period 10 refers to September 7, 2003 through October 4, 2003.
[12] Period 11 refers to October 5, 2003 through November 1, 2003.
[13] At the close of the 11th period, Fleming Companies, Inc. changed its'
reporting period from a 13 period reporting basis to a month-end basis.
Consequently, the November reporting period will be for the period November
2, 2003 through November 30, 2003.
[14] The Monthly Operating Report excludes financial activity related to
non-Debtor entities (i.e., Cerespan.com and Choteau Development Company,
LLC, etc.).
[15] Effective with this reporting period, Core-Mark entities are on the same
reporting schedule as the Fleming entities.
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 11/02/03 - 11/30/03
WEEKLY RECEIPTS AND DISBURSEMENTS [1]
(DOLLARS IN 000'S)
CURRENT
PERIOD CUMULATIVE
WEEK 1 WEEK 2 WEEK 3 WEEK 4 TOTAL FILING TO DATE
---------- ----------- --------- --------- ---------- --------------
CASH RECEIPTS:
Fleming Receipts [5] $ 1,693 4,489 1,013 1,816 $ 9,012 $ 2,415,536
Core-Mark Receipts [5] 69,054 64,062 69,127 57,989 260,233 2,756,436
Asset / Excess Inventory Sales & Other 5,991 10,700 2,527 520 19,737 302,686
---------- ----------- --------- --------- ---------- --------------
ACTUAL RECEIPTS $ 76,739 $ 79,251 $ 72,667 $ 60,326 $ 288,982 $ 5,474,658
---------- ----------- --------- --------- ---------- --------------
CASH DISBURSEMENTS FROM OPERATIONS:
Material Purchases - Fleming [3] [5] $ 53 (116) - (359) $ (421) $ (1,618,746)
Material Purchases - Core-Mark [5] (46,948) (44,126) (53,942) (38,921) (183,937) (2,039,857)
Tax Disbursements - Cigarettes (10,704) (10,224) (14,398) (10,087) (45,413) (397,290)
Tax Disbursements - Other (295) (134) (5) (27) (461) (9,155)
Employee & Payroll [4] (4,895) (2,904) (4,907) (1,374) (14,081) (313,075)
Lease & Recurring Costs (690) (605) (265) (1,153) (2,712) (90,406)
Other Operating Costs (2,815) (4,689) (1,594) (1,100) (10,198) (234,170)
---------- ----------- --------- --------- ---------- --------------
ACTUAL CASH DISBURSEMENTS FROM OPERATIONS $ (66,293) $ (62,798) $ (75,111) $ (53,021) $ (257,224) $ (4,702,700)
---------- ----------- --------- --------- ---------- --------------
CASH DISBURSEMENTS FROM NON-OPERATIONS:
DSD/Critical Vendor/PACA Payments [2] - - - $ - $ 92,781)
Capital Expenditures - - - - - (2,216)
Restructuring & Professional Fees (25) (2,017) (28) (2,685) (4,756) (47,970)
Interest & Financing (428) - (4) (1,664) (2,096) (79,259)
Other Non-Operating Costs - - - - - -
---------- ----------- --------- --------- ---------- --------------
ACTUAL CASH DISBURSEMENTS FROM NON-OPERATIONS $ (453) $ (2,017) $ (32) $ (4,350) $ (6,851) $ (222,225)
---------- ----------- --------- --------- ---------- --------------
TOTAL ACTUAL DISBURSEMENTS $ (66,746) $ (64,815) $ (75,143) $ (57,371) $ (264,075) $ (4,924,925)
---------- ----------- --------- --------- ---------- --------------
DISBURSEMENTS FOR CALCULATING U.S. TRUSTEE QUARTERLY FEES: (FROM CURRENT PERIOD
COLUMN)
TOTAL DISBURSEMENTS $ (264,075)
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 $ (264,075)
NOTES
[1] Weekly Receipts and Disbursements include Core-Mark's and Fleming's
November 1 through November 30 receipts and disbursements. All four weeks
are complete weeks.
[2] The November Monthly Operating Report (including the period 4 through 11
Monthly Operating Reports previously filed) includes within the
DSD/Critical Vendor/PACA Payments, among others, DSD and PACA disbursements
made to segregated escrow accounts for future disbursement. The DSD and
PACA escrow disbursements do not represent actual DSD and PACA settlement
disbursements made during the period, only those funds set aside in escrow.
[3] Certain checks that were issued for Fleming material purchases in prior
periods were voided during the month of November resulting in cash added
back.
[4] The cumulative total for payroll was increased by $3.1 million to reflect
payroll disbursements inadvertently excluded from the period 11 MOR.
[5] All seven of the Core-Mark eastern divisions are included in the Core-Mark
amounts.
FORM MOR - 1A
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 11/02/03 - 11/30/03
CASH DISBURSEMENTS BY PETITIONING ENTITY [1]
(DOLLARS IN 000'S)
PETITIONING ENTITIES CASE NUMBER CURRENT PERIOD TOTAL CUMULATIVE FILING TO DATE
- -------------------------------------- ----------- -------------------- -------------------------
Core-Mark International, Inc. 03-10944 $ (161,798) $ (1,776,686)
Fleming Companies, Inc. 03-10945 (33,454) (2,082,608)
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 (38,790) (385,313)
Core-Mark Interrelated Companies, Inc. 03-10951 (5,405) (61,312)
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 24 (113,199)
Fleming International, Ltd. 03-10956 - (1,399)
Fleming Transportation Service, Inc. 03-10957 - 124
Fleming Supermarkets of Florida, Inc. 03-10958 -
Food 4 Less Beverage Company, Inc. 03-10959 -
Fuelserv, Inc. 03-10960 -
General Acceptance Corporation 03-10961 -
Marquise Ventures Company, Inc. 03-10962 -
Head Distributing Company 03-10963 (6,438) (57,646)
Minter Weisman Co. 03-10964 (17,998) (176,844)
Piggly Wiggly Company 03-10965 - (891)
Progressive Realty, Inc. 03-10966 (4)
Rainbow Food Group, Inc. 03-10967 - (31,595)
Retail Investments, Inc. 03-10968 (56) (165,252)
Retail Supermarkets, Inc. 03-10970 -
RFS Marketing Services, Inc. 03-10971 -
Richmar Foods, Inc. 03-10972 (160) (71,566)
Dunigan Fuels, Inc. 03-10973 - (67)
-------- ------------- -------------------
TOTAL ACTUAL DISBURSEMENTS [2] [3] $ (264,075) $ (4,924,925)
-------- ------------- -------------------
NOTES
[1] Employee and Payroll disbursements, per the Weekly Receipts and
Disbursements schedule, were paid $3.2 million for Fleming Companies, Inc.
and $9.1 million for Core-Mark International, Inc. Benefits paid of $1.8
million were allocated between Fleming and Core-Mark based on each entities
payroll paid for the month.
[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 11/01/03 - 11/30/03 for the Current Period and for 4/1/03 - 11/30/03
for the Cumulative Filing to Date.
[4] The cumulative total for Fleming Companies, Inc. was increased by $3.1
million to reflect payroll disbursements inadvertently excluded from the
period 11 MOR.
FORM MOR - 1B
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 11/02/03 - 11/30/03
BANK ACCOUNT INFORMATION
PETITIONING ENTITIES BANK ACCOUNT NUMBER TYPE
- --------------------------------- ---------------------- -------------- -----------------------
Core-Mark International, Inc Bank Of Montreal 5691032070 Disbursement
Core-Mark International, Inc Bank Of Montreal 127881013601 Disbursement
Core-Mark International, Inc Bank Of Montreal 07600000313 Depository/Disbursement
Core-Mark International, Inc Bank Of Montreal 07601154963 Disbursement
Core-Mark International, Inc Bank Of Montreal 07601102397 Disbursement
Core-Mark International, Inc Bank Of Montreal 0004-1664-436 Disbursement
Core-Mark International, Inc Bank Of Montreal 07604601086 FX Swap Funding Acct
Core-Mark International, Inc JP Morgan 323252028 Depository
Core-Mark International, Inc JP Morgan Chase 9102775419 Disbursement
Core-Mark International, Inc JP Morgan Chase 9102775435 Disbursement
Core-Mark International, Inc JP Morgan Chase 9102775443 Disbursement
Core-Mark International, Inc JP Morgan Chase 9102775427 Disbursement
Core-Mark International, Inc JP Morgan Chase 601809668 Disbursement
Core-Mark International, Inc Scotia Bank 112390010715 Depository
Core-Mark International, Inc Scotia Bank 71480000914 Depository
Core-Mark International, Inc Scotia Bank 4052700104313 Depository
Core-Mark International, Inc Scotia Bank 714800001414 Depository
Core-Mark International, Inc Scotia Bank 714800011312 Depository
Core-Mark International, Inc Washington Trust Bank 1001823194 Depository
Core-Mark International, Inc Wells Fargo 4159287788 Depository
Core-Mark International, Inc Wells Fargo 4518099999 Depository
Core-Mark International, Inc Wells Fargo 4311848436 Depository
Core-Mark International, Inc Wells Fargo 4159555366 Depository
Core-Mark International, Inc Wells Fargo 4518100110 Depository
Core-Mark International, Inc Wells Fargo 4128523081 Depository
Core-Mark International, Inc Wells Fargo 4518100235 Depository
Core-Mark International, Inc Wells Fargo 4518100177 Depository
Core-Mark International, Inc Wells Fargo 4758355309 Depository
Core-Mark International, Inc Wells Fargo 4159688902 Depository
Core-Mark International, Inc Wells Fargo 4091220731 Depository
Core-Mark International, Inc Wells Fargo 4801900069 Depository
Core-Mark International, Inc Wells Fargo 4801908815 Depository
Core-Mark International, Inc Wells Fargo 4496851460 Depository
Core-Mark International, Inc Wells Fargo 4311848584 Disbursement
Core-Mark International, Inc Wells Fargo 4759613938 Disbursement
Core-Mark International, Inc Wells Fargo 4518110564 Disbursement
Core-Mark International, Inc Wells Fargo / Wachovia 540459849 Disbursement
Core-Mark International, Inc Wilson & Muir 7516436 Depository
Fleming Companies, Inc. Bank of America 8,188,812,687 Depository
Fleming Companies, Inc. Bank of America 3751525666 Depository
Fleming Companies, Inc. Bank of America 3751508777 Depository
Fleming Companies, Inc. Bank of America 3751022745 Depository
Fleming Companies, Inc. Bank One 10148350 Disbursement
Fleming Companies, Inc. Fleet Non Union Health 1713312 Disbursement
Fleming Companies, Inc. JP Morgan 22426761 Disbursement
Fleming Companies, Inc. JP Morgan 88063623919 Depository
Fleming Companies, Inc. JP Morgan 8806363428 Depository
Fleming Companies, Inc. JP Morgan 323252842 Depository
Fleming Companies, Inc. JP Morgan 8806258339 Depository
Fleming Companies, Inc. JP Morgan 8806247712 Depository
Fleming Companies, Inc. JP Morgan 8806232185 Depository
Fleming Companies, Inc. JP Morgan 8806232227 Depository
Fleming Companies, Inc. JP Morgan 8806258271 Depository/Disbursement
Fleming Companies, Inc. JP Morgan 8806362958 Depository/Disbursement
Fleming Companies, Inc. JP Morgan 8806170047 Disbursement
Fleming Companies, Inc. JP Morgan 8805174594 Disbursement
Fleming Companies, Inc. JP Morgan 6300030353 Disbursement
Fleming Companies, Inc. JP Morgan 8805223029 Disbursement
Fleming Companies, Inc. JP Morgan 6300065052 Disbursement
Fleming Companies, Inc. JP Morgan 6300062117 Disbursement
Fleming Companies, Inc. JP Morgan 6300036160 Disbursement
Fleming Companies, Inc. JP Morgan 6300064998 Disbursement
Fleming Companies, Inc. Washington Mutual Bank 0673106722 Escrow
Fleming Companies, Inc. Washington Mutual Bank 374854494 Escrow
Head Distributing Co. Bank Of America 3752010688 Depository
Head Distributing Co. Suntrust 8801337430 Depository
FORM MOR - 1C
PETITIONING ENTITIES BANK ACCOUNT NUMBER TYPE
- --------------------------------- ---------------------- -------------- -----------------------
Core-Mark International, Inc Bank Of Montreal 5691032070 Disbursement
Head Distributing Co. Union Planters Bank 3500594164 Depository
Head Distributing Co. Union Planters Bank 3500594164 Depository
Minter Weisman Bank of America 3299781296 Disbursement
Minter Weisman Bank of America 3299781296 Disbursement
Plymouth (minter weisman) US Bank 160234449926 Depository
Plymouth (minter weisman) US Bank 160234449926 Depository
Retail Investment, Inc. JP Morgan 860900985 Depository/Disbursement
Retail Investment, Inc. JP Morgan 860900985 Depository/Disbursement
FORM MOR - 1C
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 11/02/03 - 11/30/03
STATEMENT OF OPERATIONS (UNAUDITED) [1]
(DOLLARS IN 000'S)
NOVEMBER 2, 2003 -
FLEMING COMPANIES, INC. & SUBSIDIARIES [2] NOVEMBER 30, 2003
------------------------------------------ ------------------
NET SALES $ 299,143
COSTS AND EXPENSES: [3]
Cost of sales (294,020)
Selling and administrative (9,299)
Reorganization items, net (317)
Interest expense 53
Interest income and other 189
Impairment/restructuring charges (5)
Litigation charges -
------------------
TOTAL COSTS AND EXPENSES (303,397)
------------------
Income/(Loss) before income taxes (4,254)
Taxes on income/(loss) -
------------------
INCOME/(LOSS) FROM CONTINUING OPERATIONS (4,254)
------------------
DISCONTINUED OPERATIONS: [4]
Income/(Loss) before income taxes (7,855)
Taxes on income/(loss) -
------------------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS (7,855)
------------------
NET INCOME/(LOSS) $ (12,109)
------------------
NOTES
[1] At the close of the 11th period, Fleming Companies, Inc. changed its'
reporting period from a 13 period reporting basis to a month-end basis.
Consequently, the November reporting period will be for the period November
2, 2003 through November 30, 2003, or basically, the month of November for
both the Core-Mark entities and the Fleming entities.
[2] Excludes ABCO Markets, Inc., ABCO Realty Corp., ASI Office Automation,
Inc., C/M Products, Inc., Fleming Foods Management Co., L.L.C., Fleming
Supermarkets of Florida, Inc., Food 4 Less Beverage Company, Inc.,
FuelServ, Inc., General Acceptance Corporation, Marquise Ventures Company,
Inc. and Retail Supermarkets, Inc. as these entities had no activity during
the period. In addition, no individual Statement of Operations have been
provided for these legal entities in the Monthly Operating Report. The
individual Statements of Operations for Progressive Realty, Inc, Retail
Investments, Inc. and ABCO Food Group, Inc were included, although they had
no activity in their Statements of Operations, because their balance sheets
did have activity and have been included in the Monthly Operating Report.
[3] Certain expenses are recorded each period using estimates, then reviewed
and adjusted at the end of a quarter (i.e., self-insurance reserves,
allowance for bad debts, etc.).
[4] Continuing Operations as of November 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: 11/02/03 - 11/30/03
STATEMENT OF OPERATIONS (UNAUDITED) [1]
(DOLLARS IN 000'S)
NOVEMBER 2, 2003 -
ABCO FOOD GROUP, INC. NOVEMBER 30, 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] 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: 11/02/03 - 11/30/03
STATEMENT OF OPERATIONS (UNAUDITED) [1]
(DOLLARS IN 000'S)
NOVEMBER 1, 2003 -
CORE-MARK INTERNATIONAL, INC. NOVEMBER 30, 2003
----------------------------- ------------------
NET SALES $ 204,708
COSTS AND EXPENSES:
Cost of sales (198,131)
Selling and administrative (5,988)
Reorganization items, net (316)
Interest expense 53
Interest income and other 139
Impairment/restructuring charges -
Litigation charges -
------------------
TOTAL COSTS AND EXPENSES (204,242)
------------------
Income/(Loss) before income taxes 466
Taxes on income/(loss) -
------------------
INCOME/(LOSS) FROM CONTINUING OPERATIONS 466
------------------
DISCONTINUED OPERATIONS:
Income/(Loss) before income taxes -
Taxes on income/(loss) -
------------------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS -
------------------
NET INCOME/(LOSS) $ 466
------------------
NOTES
[1] 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: 11/02/03 - 11/30/03
STATEMENT OF OPERATIONS (UNAUDITED) [1]
(DOLLARS IN 000'S)
NOVEMBER 1, 2003 -
CORE-MARK INTERRELATED COMPANIES, INC. NOVEMBER 30, 2003
-------------------------------------- ------------------
NET SALES $ 7,456
COSTS AND EXPENSES:
Cost of sales (7,360)
Selling and administrative (89)
Reorganization items, net -
Interest expense -
Interest income and other -
Impairment/restructuring charges -
Litigation charges -
------------------
TOTAL COSTS AND EXPENSES (7,450)
------------------
Income/(Loss) before income taxes 7
Taxes on income/(loss) -
------------------
INCOME/(LOSS) FROM CONTINUING OPERATIONS 7
------------------
DISCONTINUED OPERATIONS:
Income/(Loss) before income taxes -
Taxes on income/(loss) -
------------------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS -
------------------
NET INCOME/(LOSS) $ 7
------------------
NOTES
[1] 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: 11/02/03 - 11/30/03
STATEMENT OF OPERATIONS (UNAUDITED) [1]
(DOLLARS IN 000'S)
NOVEMBER 1, 2003 -
CORE-MARK MID-CONTINENT, INC. NOVEMBER 30, 2003
----------------------------- ------------------
NET SALES $ 38,647
COSTS AND EXPENSES:
Cost of sales (37,343)
Selling and administrative (859)
Reorganization items, net -
Interest expense -
Interest income and other -
Impairment/restructuring charges -
Litigation charges -
------------------
TOTAL COSTS AND EXPENSES (38,201)
------------------
Income/(Loss) before income taxes 445
Taxes on income/(loss) -
------------------
INCOME/(LOSS) FROM CONTINUING OPERATIONS 445
------------------
DISCONTINUED OPERATIONS:
Income/(Loss) before income taxes -
Taxes on income/(loss) -
------------------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS -
------------------
NET INCOME/(LOSS) $ 445
------------------
NOTES
[1] 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: 11/02/03 - 11/30/03
STATEMENT OF OPERATIONS (UNAUDITED) [1]
(DOLLARS IN 000'S)
NOVEMBER 2, 2003 -
DUNIGAN FUELS, INC. NOVEMBER 30, 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 (65)
Taxes on income/(loss) -
------------------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS (65)
------------------
NET INCOME/(LOSS) $ (65)
------------------
NOTES
[1] 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: 11/02/03 - 11/30/03
STATEMENT OF OPERATIONS (UNAUDITED) [1]
(DOLLARS IN 000'S)
NOVEMBER 2, 2003 -
FAVAR CONCEPTS, LTD NOVEMBER 30, 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 10
Taxes on income/(loss) -
------------------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS 10
------------------
NET INCOME/(LOSS) $ 10
------------------
NOTES
[1] 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: 11/02/03 - 11/30/03
STATEMENT OF OPERATIONS (UNAUDITED) [1]
(DOLLARS IN 000'S)
NOVEMBER 2, 2003 -
FLEMING COMPANIES, INC. NOVEMBER 30, 2003
----------------------- ------------------
NET SALES $ 19,836
COSTS AND EXPENSES:
Cost of sales (22,725)
Selling and administrative (829)
Reorganization items, net (1)
Interest expense -
Interest income and other 2
Impairment/restructuring charges (5)
Litigation charges -
------------------
TOTAL COSTS AND EXPENSES (23,558)
------------------
Income/(Loss) before income taxes (3,721)
Taxes on income/(loss) -
------------------
INCOME/(LOSS) FROM CONTINUING OPERATIONS (3,721)
------------------
DISCONTINUED OPERATIONS:
Income/(Loss) before income taxes (8,614)
Taxes on income/(loss) -
------------------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS (8,614)
------------------
NET INCOME/(LOSS) $ (12,336)
------------------
NOTES
[1] 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: 11/02/03 - 11/30/03
STATEMENT OF OPERATIONS (UNAUDITED) [1]
(DOLLARS IN 000'S)
NOVEMBER 2, 2003 -
FLEMING FOODS OF TEXAS, L.P. NOVEMBER 30, 2003
---------------------------- ------------------
NET SALES $ -
COSTS AND EXPENSES:
Cost of sales -
Selling and administrative -
Reorganization items, net -
Interest expense -
Interest income and other -
Impairment/restructuring charges -
Litigation charges -
------------------
TOTAL COSTS AND EXPENSES -
------------------
Income/(Loss) before income taxes -
Taxes on income/(loss) -
------------------
INCOME/(LOSS) FROM CONTINUING OPERATIONS -
------------------
DISCONTINUED OPERATIONS:
Income/(Loss) before income taxes 1,003
Taxes on income/(loss) -
------------------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS 1,003
------------------
NET INCOME/(LOSS) $ 1,003
------------------
NOTES
[1] 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: 11/02/03 - 11/30/03
STATEMENT OF OPERATIONS (UNAUDITED) [1]
(DOLLARS IN 000'S)
NOVEMBER 2, 2003 -
FLEMING INTERNATIONAL, LTD NOVEMBER 30, 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 (0)
Taxes on income/(loss) -
------------------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS (0)
------------------
NET INCOME/(LOSS) $ (0)
------------------
NOTES
[1] 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: 11/02/03 - 11/30/03
STATEMENT OF OPERATIONS (UNAUDITED) [1]
(DOLLARS IN 000'S)
NOVEMBER 2, 2003-
FLEMING TRANSPORTATION SERVICES, INC. NOVEMBER 30, 2003
- ------------------------------------------------------------------------
NET SALES $ -
COSTS AND EXPENSES:
Cost of sales -
Selling and administrative -
Reorganization items, net -
Interest expense -
Interest income and other -
Impairment/restructuring charges -
Litigation charges -
-----------------
TOTAL COSTS AND EXPENSES -
-----------------
Income/(Loss) before income taxes -
Taxes on income/(loss) -
-----------------
INCOME/(LOSS)FROM CONTINUING OPERATIONS -
-----------------
DISCONTINUED OPERATIONS:
Income/(Loss) before income taxes 1
Taxes on income/(loss) -
-----------------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS 1
-----------------
NET INCOME/(LOSS) $ 1
-----------------
NOTES
[1] 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: 11/02/03 - 11/30/03
STATEMENT OF OPERATIONS (UNAUDITED) [1]
(DOLLARS IN 000'S)
NOVEMBER 1, 2003-
HEAD DISTRIBUTING COMPANY NOVEMBER 30, 2003
- ------------------------------------------------------------------------
NET SALES $ 7,389
COSTS AND EXPENSES:
Cost of sales (7,602)
Selling and administrative (874)
Reorganization items, net -
Interest expense -
Interest income and other 48
Impairment/restructuring charges -
Litigation charges -
-----------------
TOTAL COSTS AND EXPENSES (8,428)
-----------------
Income/(Loss) before income taxes (1,038)
Taxes on income/(loss) -
-----------------
INCOME/(LOSS) FROM CONTINUING OPERATIONS (1,038)
-----------------
DISCONTINUED OPERATIONS:
Income/(Loss) before income taxes -
Taxes on income/(loss) -
-----------------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS -
-----------------
NET INCOME/(LOSS) $ (1,038)
-----------------
NOTES
[1] 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: 11/02/03 - 11/30/03
STATEMENT OF OPERATIONS (UNAUDITED) [1]
(DOLLARS IN 000'S)
NOVEMBER 1, 2003-
MINTER-WEISMAN CO. NOVEMBER 30,2003
- ------------------------------------------------------------------------
NET SALES $ 21,107
COSTS AND EXPENSES:
Cost of sales (20,858)
Selling and administrative (661)
Reorganization items, net -
Interest expense -
Interest income and other (0)
Impairment/restructuring charges -
Litigation charges -
-----------------
TOTAL COSTS AND EXPENSES (21,520)
-----------------
Income/(Loss) before income taxes (413)
Taxes on income/(loss) -
-----------------
INCOME/(LOSS) FROM CONTINUING OPERATIONS (413)
-----------------
DISCONTINUED OPERATIONS:
Income/(Loss) before income taxes -
Taxes on income/(loss) -
-----------------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS -
-----------------
NET INCOME/(LOSS) $ (413)
-----------------
NOTES
[1] 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: 11/02/03 - 11/30/03
STATEMENT OF OPERATIONS (UNAUDITED) [1]
(DOLLARS IN 000'S)
NOVEMBER 2, 2003-
PIGGLY WIGGLY COMPANY NOVEMBER 30,2003
- ------------------------------------------------------------------------
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 (8)
Taxes on income/(loss) -
-----------------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS (8)
-----------------
NET INCOME/(LOSS) $ (8)
-----------------
NOTES
[1] 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: 11/02/03 - 11/30/03
STATEMENT OF OPERATIONS (UNAUDITED) [1]
(DOLLARS IN 000'S)
NOVEMBER 2, 2003-
PROGRESSIVE REALTY, INC. NOVEMBER 30, 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] 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: 11/02/03 - 11/30/03
STATEMENT OF OPERATIONS (UNAUDITED) [1]
(DOLLARS IN 000'S)
NOVEMBER 2, 2003-
RAINBOW FOOD GROUP, INC. NOVEMBER 30, 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 (145)
Taxes on income/(loss) -
-----------------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS (145)
-----------------
NET INCOME/(LOSS) $ (145)
-----------------
NOTES
[1] 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: 11/02/03 - 11/30/03
STATEMENT OF OPERATIONS (UNAUDITED) [1]
(DOLLARS IN 000'S)
NOVEMBER 2, 2003-
RETAIL INVESTMENTS, INC. NOVEMBER 30, 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] 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: 11/02/03 - 11/30/03
STATEMENT OF OPERATIONS (UNAUDITED) [1]
(DOLLARS IN 000'S)
NOVEMBER 2, 2003-
RFS MARKETING SERVICES, INC. NOVEMBER 30, 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 13
Taxes on income/(loss) -
-----------------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS 13
-----------------
NET INCOME/(LOSS) $ 13
-----------------
NOTES
[1] 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: 11/02/03 - 11/30/03
STATEMENT OF OPERATIONS (UNAUDITED) [1]
(DOLLARS IN 000'S)
NOVEMBER 2, 2003-
RICHMAR FOODS, INC. NOVEMBER 30, 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 (48)
Taxes on income/(loss) -
-----------------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS (48)
-----------------
NET INCOME/(LOSS) $ (48)
-----------------
NOTES
[1] 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: 11/02/03 - 11/30/03
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
AS OF
FLEMING COMPANIES, INC. & SUBSIDIARIES [2] NOVEMBER 30, 2003
- ---------------------------------------------------------------------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ 662,141
Receivables, net [3] 545,608
Inventories 158,865
Assets held for sale [4] 5,485
Other current assets 43,785
-----------------
TOTAL CURRENT ASSETS 1,415,884
-----------------
Investments and notes receivable, net 889
Investment in direct financing leases 6,606
-----------------
Net property and equipment 45,549
-----------------
Other assets 49,904
-----------------
TOTAL ASSETS $ 1,518,832
-----------------
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable [3] $ 201,977
Liabilities held for sale -
Other current liabilities [13] 49,826
-----------------
TOTAL CURRENT LIABILITIES 251,803
-----------------
Long-term debt -
Long-term obligations under capital leases [13] 6,603
Other liabilities 9,209
Liabilities subject to compromise [5] [6] 2,850,393
Net intercompany due to (from) [7] (9,233)
SHAREHOLDERS' EQUITY:
Common stock, $2.50 par value per share 136,221
Capital in excess of par value 710,622
Reinvested earnings (deficit) (2,309,761)
Accumulated other comprehensive income:
Additional minimum pension liability (129,215)
Cumulative foreign currency translation adjustment 2,189
-----------------
TOTAL SHAREHOLDERS' EQUITY $ (1,589,944)
-----------------
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,518,832
-----------------
FORM MOR - 3
LIABILITIES SUBJECT TO COMPROMISE [5] [6]
Debt and notes payable [8] [9] $ 1,881,980
Accounts payable [10] [14] 544,037
Closed store reserves [11] 48,719
Other liabilities [10] [15] 118,979
Pension obligation [12] [16] 230,570
Taxes payable [10] [17] 26,108
--------------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 2,850,393
GENERAL
[1] At the close of the 11th period, Fleming Companies, Inc. changed its'
reporting period from a 13 period reporting basis to a month-end basis.
Consequently, the November reporting period will be for the period November
2, 2003 through November 30, 2003, or basically, the month of November for
both the Core-Mark entities and the Fleming entities. The period close for
all legal entities was as of November 30, 2003.
[2] Excludes ABCO Markets, Inc., ABCO Realty Corp., ASI Office Automation,
Inc., C/M Products, Inc., Fleming Foods Management Co., L.L.C., Fleming
Supermarkets of Florida, Inc., Food 4 Less Beverage Company, Inc.,
FuelServ, Inc., General Acceptance Corporation, Marquise Ventures Company,
Inc. and Retail Supermarkets, Inc. as these entities had no ending balances
as of period close. In addition, no individual Balance Sheets have been
provided for these entities in the Monthly Operating Report.
[3] The accounts receivable balance as of November 30, 2003 includes accounts
due from customers as well as vendor deductions for PRADS, military,
advertising and other vendor related deductions. The Company continues to
reconcile such information and additional adjustments are expected in
future periods. No amount has currently been reserved for receivables from
vendors. Fleming continues to evaluate the recoverability of its customer
accounts receivable.
[4] Continuing Operations as of November 30, 2003 includes only the convenience
business (Core-Mark, including the Fleming 7). Assets of all businesses
have been reclassified as Assets Held for Sale and liabilities as
Liabilities Held for Sale as required by SFAS 146.
[5] Liabilities Subject to Compromise is comprised of prepetition long-term
debt, accounts payable, closed store reserves, other liabilities, pension
obligation and taxes payable. The Company continues to reconcile its
liabilities subject to compromise and anticipates additional adjustments
will be made in future periods.
[6] The Company may have paid certain prepetition liabilities. Not all payments
made related to prepetition debts are reflected in the Liabilities Subject
to Compromise. As a result, the Liabilities Subject to Compromise may be
overstated.
[7] The Net Intercompany Due To (From) line on the entity level balance sheets
(except for Fleming Companies, Inc.) will also include that entity's net
equity.
[8] The senior notes, convertible notes, and senior subordinated notes are
guaranteed by substantially all of Fleming's wholly-owned direct and
indirect subsidiaries. The guarantees are joint and several, full, complete
and unconditional. Within the Monthly Operating Report all related amounts
are reflected on the Fleming Companies, Inc. balance sheet.
FLEMING ENTITIES
[9] Debt and notes payable includes bonds, revolver and term Loan and related
accrued interest. The debt and notes payable (excluding accrued interest)
are November balances.
[10] Accounts payable includes trade payables and accrued expenses. Retailer
incentives (previously in accounts payable) have been reclassified to
accounts receivable. Other liabilities includes accrued compensation,
accrued severance, union pension withdrawal liabilities, other current
liabilities, deferred income, and other long-term liabilities. Taxes
payable includes income taxes and taxes other than income. Cigarette taxes
payable is included in accounts payable. The balances for these accounts
resulted from an ongoing review of these accounts. The Company continues to
reconcile these accounts and additional adjustments are expected in future
periods. See also footnote 3 above.
[11] Closed store reserves are November balances.
[12] Pension obligation is a November balance.
[13] Net balances for capital leases do not include an amount for estimated
damages related to the Debtors' bankruptcy filing.
CORE-MARK ENTITIES
[14] Accounts payable includes trade payables and accrued expenses. Accounts
payable represents a review of the accounts payable trial balance. See also
footnote 3 above.
[15] Other liabilities, which include accrued compensation, other current
liabilities and other long-term liabilities, represent a review of the
applicable balance sheet account.
[16] Pension obligation is a November balance.
[17] Taxes payable includes income taxes and taxes other than income. Income tax
liability and taxes other than income represent a review of the applicable
balance sheet accounts. Cigarette taxes payable is included in accounts
payable.
FORM MOR - 3
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 11/02/03 - 11/30/03
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
ABCO FOOD GROUP, INC. AS OF NOVEMBER 30, 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 1,300
Net intercompany due to (from) (1,295)
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
Debt and notes payable $ -
Accounts payable -
Closed store reserves -
Other liabilities 1,300
Pension obligation -
Taxes payable -
--------------------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 1,300
NOTES
[1] Refer to Fleming Companies, Inc. & Subsidiaries Balance Sheet for all
financial statement footnotes.
FORM MOR - 3
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 11/02/03 - 11/30/03
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
CORE-MARK INTERNATIONAL, INC. AS OF NOVEMBER 30, 2003
- --------------------------------------------------------- -----------------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ 63,672
Receivables, net 150,600
Inventories 98,732
Assets held for sale -
Other current assets 18,794
------------------
TOTAL CURRENT ASSETS 331,798
------------------
Investments and notes receivable, net -
Investment in direct financing leases -
------------------
Net property and equipment 19,679
------------------
Other assets 37,107
------------------
TOTAL ASSETS $ 388,583
------------------
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ 84,280
Liabilities held for sale -
Other current liabilities 6,029
------------------
TOTAL CURRENT LIABILITIES 90,310
------------------
Long-term debt -
Long-term obligations under capital leases -
Other liabilities 2,989
Liabilities subject to compromise 116,471
Net intercompany due to (from) 178,813
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 adjustm -
------------------
TOTAL SHAREHOLDERS' EQUITY $ -
------------------
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 388,583
------------------
LIABILITIES SUBJECT TO COMPROMISE
Debt and notes payable $ -
Accounts payable 108,718
Closed store reserves -
Other liabilities -
Pension obligation 5,578
Taxes payable 2,175
------------------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 116,471
NOTES
[1] Refer to Fleming Companies, Inc. & Subsidiaries Balance Sheet for all
financial statement footnotes.
FORM MOR - 3
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 11/02/03 - 11/30/03
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
CORE-MARK INTERRELATED COMPANIES, INC. AS OF NOVEMBER 30, 2003
- --------------------------------------------------------- -----------------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ -
Receivables, net 2,364
Inventories 6,830
Assets held for sale -
Other current assets 47
------------------
TOTAL CURRENT ASSETS 9,240
------------------
Investments and notes receivable, net -
Investment in direct financing leases -
------------------
Net property and equipment 306
------------------
Other assets -
------------------
TOTAL ASSETS $ 9,547
------------------
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ 1,289
Liabilities held for sale -
Other current liabilities -
------------------
TOTAL CURRENT LIABILITIES 1,289
------------------
Long-term debt -
Long-term obligations under capital leases -
Other liabilities -
Liabilities subject to compromise 5,204
Net intercompany due to (from) 3,054
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 $ 9,547
------------------
LIABILITIES SUBJECT TO COMPROMISE
Debt and notes payable $ -
Accounts payable 5,204
Closed store reserves -
Other liabilities -
Pension obligation -
Taxes payable -
------------------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 5,204
NOTES
[1] Refer to Fleming Companies, Inc. & Subsidiaries Balance Sheet for all
financial statement footnotes.
FORM MOR - 3
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 11/02/03 - 11/30/03
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
CORE-MARK MID-CONTINENT, INC. AS OF NOVEMBER 30, 2003
- --------------------------------------------------------- -----------------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ -
Receivables, net 25,824
Inventories 24,153
Assets held for sale -
Other current assets 2,813
------------------
TOTAL CURRENT ASSETS 52,791
------------------
Investments and notes receivable, net -
Investment in direct financing leases -
------------------
Net property and equipment 11,575
------------------
Other assets 1,707
------------------
TOTAL ASSETS $ 66,073
------------------
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable 11,077
Liabilities held for sale -
Other current liabilities -
------------------
TOTAL CURRENT LIABILITIES 11,077
------------------
Long-term debt -
Long-term obligations under capital leases -
Other liabilities -
Liabilities subject to compromise 7,174
Net intercompany due to (from) 47,822
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 $ 66,073
------------------
LIABILITIES SUBJECT TO COMPROMISE
Debt and notes payable $ -
Accounts payable 7,174
Closed store reserves -
Other liabilities -
Pension obligation -
Taxes payable -
------------------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 7,174
NOTES
[1] Refer to Fleming Companies, Inc. & Subsidiaries Balance Sheet for all
financial statement footnotes.
FORM MOR - 3
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 11/02/03 - 11/30/03
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
AS OF
DUNIGAN FUELS, INC. NOVEMBER 30, 2003
- --------------------------------------------------------------------------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ -
Receivables, net 2,733
Inventories
Assets held for sale
Other current assets
-----------------
TOTAL CURRENT ASSETS 2,733
-----------------
Investments and notes receivable, net -
Investment in direct financing leases -
-----------------
Net property and equipment -
-----------------
Other assets -
-----------------
TOTAL ASSETS $ 2,733
-----------------
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable
Liabilities held for sale
Other current liabilities
-----------------
TOTAL CURRENT LIABILITIES -
-----------------
Long-term debt -
Long-term obligations under capital leases -
Other liabilities -
Liabilities subject to compromise 8,741
Net intercompany due to (from) (6,009)
SHAREHOLDERS' EQUITY:
Common stock, $2.50 par value per share -
Capital in excess of par value -
Reinvested earnings (deficit) -
Accumulated other comprehensive income:
Additional minimum pension liability -
Cumulative foreign currency translation
adjustment -
-----------------
TOTAL SHAREHOLDERS' EQUITY $ -
-----------------
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 2,733
-----------------
LIABILITIES SUBJECT TO COMPROMISE
Debt and notes payable $ -
Accounts payable 8,569
Closed store reserves -
Other liabilities 172
Pension obligation -
Taxes payable -
-----------------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 8,741
NOTES
[1] Refer to Fleming Companies, Inc. & Subsidiaries Balance Sheet for all
financial statement footnotes.
FORM MOR - 3
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 11/02/03 - 11/30/03
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
AS OF
FAVAR CONCEPTS, LTD NOVEMBER 30, 2003
- --------------------------------------------------------------------------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ -
Receivables, net -
Inventories -
Assets held for sale -
Other current assets -
-----------------
TOTAL CURRENT ASSETS -
-----------------
Investments and notes receivable, net -
Investment in direct financing leases -
-----------------
Net property and equipment -
-----------------
Other assets -
-----------------
TOTAL ASSETS $ -
-----------------
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ -
Liabilities held for sale -
Other current liabilities (3)
-----------------
TOTAL CURRENT LIABILITIES (3)
-----------------
Long-term debt -
Long-term obligations under capital leases -
Other liabilities -
Liabilities subject to compromise 555
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
Debt and notes payable $ -
Accounts payable 555
Closed store reserves -
Other liabilities -
Pension obligation -
Taxes payable -
-----------------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 555
NOTES
[1] Refer to Fleming Companies,Inc. & Subsidiaries Balance Sheet for all
financial statement footnotes.
FORM MOR - 3
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 11/02/03 - 11/30/03
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
AS OF
FLEMING COMPANIES, INC. NOVEMBER 30, 2003
- --------------------------------------------------------------------------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ 598,133
Receivables, net 288,219
Inventories 10,789
Assets held for sale 5,485
Other current assets 15,781
-----------------
TOTAL CURRENT ASSETS 918,406
-----------------
Investments and notes receivable, net 889
Investment in direct financing leases 6,606
-----------------
Net property and equipment 8,126
-----------------
Other assets 10,457
-----------------
TOTAL ASSETS $ 944,485
-----------------
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ 93,277
Liabilities held for sale -
Other current liabilities 38,785
-----------------
TOTAL CURRENT LIABILITIES 132,062
-----------------
Long-term debt -
Long-term obligations under capital leases 6,603
Other liabilities 6,019
Liabilities subject to compromise 2,641,880
Net intercompany due to (from) (252,136)
SHAREHOLDERS' EQUITY:
Common stock, $2.50 par value per share 136,221
Capital in excess of par value 710,622
Reinvested earnings (deficit) (2,309,761)
Accumulated other comprehensive income:
Additional minimum pension liability (129,215)
Cumulative foreign currency translation
adjustment 2,189
-----------------
TOTAL SHAREHOLDERS' EQUITY $ (1,589,944)
-----------------
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 944,485
-----------------
LIABILITIES SUBJECT TO COMPROMISE
Debt and notes payable $ 1,881,980
Accounts payable 348,215
Closed store reserves 48,719
Other liabilities 115,291
Pension obligation 224,992
Taxes payable 22,683
-----------------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 2,641,880
NOTES
[1] Refer to Fleming Companies, Inc. & Subsidiaries Balance Sheet for all
financial statement footnotes.
FORM MOR - 3
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 11/02/03 - 11/30/03
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
AS OF
FLEMING FOODS OF TEXAS, L.P. NOVEMBER 30, 2003
- --------------------------------------------------------------------------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ -
Receivables, net 43,112
Inventories -
Assets held for sale -
Other current assets 3,473
-----------------
TOTAL CURRENT ASSETS 46,585
-----------------
Investments and notes receivable, net
Investment in direct financing leases
-----------------
Net property and equipment -
-----------------
Other assets 4
-----------------
TOTAL ASSETS $ 46,589
-----------------
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ 1,408
Liabilities held for sale
Other current liabilities 386
-----------------
TOTAL CURRENT LIABILITIES 1,794
-----------------
Long-term debt -
Long-term obligations under capital leases -
Other liabilities -
Liabilities subject to compromise 29,353
Net intercompany due to (from) 15,442
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 $ 46,589
-----------------
LIABILITIES SUBJECT TO COMPROMISE
Debt and notes payable $ -
Accounts payable 28,003
Closed store reserves -
Other liabilities 100
Pension obligation -
Taxes payable 1,250
-----------------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 29,353
NOTES
[1] Refer to Fleming Companies, Inc. & Subsidiaries Balance Sheet for all
financial statement footnotes.
FORM MOR - 3
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 11/02/03 - 11/30/03
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
AS OF
FLEMING INTERNATIONAL, LTD NOVEMBER 30, 2003
- --------------------------------------------------------------------------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ -
Receivables, net 270
Inventories -
Assets held for sale -
Other current assets -
-----------------
TOTAL CURRENT ASSETS 270
-----------------
Investments and notes receivable, net -
Investment in direct financing leases -
-----------------
Net property and equipment -
-----------------
Other assets -
-----------------
TOTAL ASSETS $ 270
-----------------
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ -
Liabilities held for sale -
Other current liabilities -
-----------------
TOTAL CURRENT LIABILITIES -
-----------------
Long-term debt -
Long-term obligations under capital leases -
Other liabilities -
Liabilities subject to compromise -
Net intercompany due to (from) 270
SHAREHOLDERS' EQUITY:
Common stock, $2.50 par value per share -
Capital in excess of par value -
Reinvested earnings (deficit) -
Accumulated other comprehensive income: -
Additional minimum pension liability -
Cumulative foreign currency translation
adjustment -
-----------------
TOTAL SHAREHOLDERS' EQUITY $ -
-----------------
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 270
-----------------
LIABILITIES SUBJECT TO COMPROMISE
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.
FORM MOR - 3
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 11/02/03 - 11/30/03
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
AS OF
FLEMING TRANSPORTATION SERVICES, INC. NOVEMBER 30, 2003
- ---------------------------------------------------------------------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ -
Receivables, net 259
Inventories -
Assets held for sale -
Other current assets 1
-----------------
TOTAL CURRENT ASSETS 260
-----------------
Investments and notes receivable, net -
Investment in direct financing leases -
-
-----------------
Net property and equipment 607
-----------------
Other assets -
-----------------
TOTAL ASSETS $ 867
-----------------
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ (55)
Liabilities held for sale -
Other current liabilities 87
-----------------
TOTAL CURRENT LIABILITIES 32
-----------------
Long-term debt -
Long-term obligations under capital leases -
Other liabilities -
Liabilities subject to compromise 252
Net intercompany due to (from) 583
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 $ 867
-----------------
LIABILITIES SUBJECT TO COMPROMISE
Debt and notes payable $ -
Accounts payable 252
Closed store reserves -
Other liabilities -
Pension obligation -
Taxes payable -
------------------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 252
NOTES
[1] Refer to Fleming Companies, Inc. & Subsidiaries Balance Sheet for all
financial statement footnotes.
FORM MOR - 3
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 11/02/03 - 11/30/03
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
AS OF
HEAD DISTRIBUTING COMPANY NOVEMBER 30,2003
- -----------------------------------------------------------------------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ 291
Receivables, net 11,123
Inventories 6,881
Assets held for sale -
Other current assets 433
----------------
TOTAL CURRENT ASSETS 18,727
----------------
Investments and notes receivable, net -
Investment in direct financing leases -
----------------
Net property and equipment 3,051
----------------
Other assets 475
----------------
TOTAL ASSETS $ 22,254
----------------
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ 1,119
Liabilities held for sale -
Other current liabilities -
----------------
TOTAL CURRENT LIABILITIES 1,119
----------------
Long-term debt -
Long-term obligations under capital leases -
Other liabilities -
Liabilities subject to compromise 5,579
Net intercompany due to (from) 15,555
SHAREHOLDERS' EQUITY:
Common stock, $2.50 par value per share -
Capital in excess of par value -
Reinvested earnings (deficit) -
Accumulated other comprehensive income: -
Additional minimum pension liability -
Cumulative foreign currency translation adjustment -
----------------
TOTAL SHAREHOLDERS' EQUITY -
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 22,254
----------------
LIABILITIES SUBJECT TO COMPROMISE
Debt and notes payable $ -
Accounts payable 5,579
Closed store reserves -
Other liabilities -
Pension obligation -
Taxes payable -
----------------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 5,579
NOTES
[1] Refer to Fleming Companies, Inc. & Subsidiaries Balance Sheet for all
financial statement footnotes.
FORM MOR 3
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 11/02/03 - 11/30/03
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
AS OF
MINTER-WEISMAN CO. NOVEMBER 30,2003
- ------------------ ----------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalent $ 46
Receivables, net 12,626
Inventories 11,480
Assets held for sale -
Other current assets 1,373
----------------
TOTAL CURRENT ASSETS 25,525
----------------
Investments and notes receivable, net -
Investment in direct financing leases -
----------------
Net property and equipment 2,205
----------------
Other assets 38
----------------
TOTAL ASSETS $ 27,767
----------------
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ 5,978
Liabilities held for sale -
Other current liabilities -
----------------
TOTAL CURRENT LIABILITIES 5,978
----------------
Long-term debt -
Long-term obligations under capital leases -
Other liabilities -
Liabilities subject to compromise 6,301
Net intercompany due to (from) 15,488
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 $ 27,767
----------------
LIABILITIES SUBJECT TO COMPROMISE
Debt and notes payable $ -
Accounts payable 6,301
Closed store reserves -
Other liabilities -
Pension obligation -
Taxes payable -
----------------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 6,301
NOTES
[1] Refer to Fleming Companies, Inc. & Subsidiaries Balance Sheet for all
financial statement footnotes.
FORM MOR - 3
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 11/02/03 - 11/30/03
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
AS OF
PIGGLY WIGGLY COMPANY NOVEMBER 30,2003
- ---------------------------------------- -----------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ -
Receivables, net 567
Inventories -
Assets held for sale -
Other current assets (3)
----------------
TOTAL CURRENT ASSETS 564
----------------
Investments and notes receivable, net -
Investment in direct financing leases -
----------------
Net property and equipment -
----------------
Other assets -
----------------
TOTAL ASSETS $ 564
----------------
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ 270
Liabilities held for sale -
Other current liabilities 16
----------------
TOTAL CURRENT LIABILITIES 285
----------------
Long-term debt -
Long-term obligations under capital leases -
Other liabilities -
Liabilities subject to compromise 229
Net intercompany due to (from) 49
SHAREHOLDERS' EQUITY:
Common stock, $2.50 par value per share -
Capital in excess of par value -
Reinvested earnings (deficit) -
Accumulated other comprehensive income:
Additional minimum pension liability -
Cumulative foreign currency translation adjustment -
----------------
TOTAL SHAREHOLDERS' EQUITY $ -
----------------
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 564
----------------
LIABILITIES SUBJECT TO COMPROMISE
Debt and notes payable $ -
Accounts payable 229
Closed store reserves -
Other liabilities -
Pension obligation -
Taxes payable -
----------------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 229
Notes
[1] Refer to Fleming Companies, Inc. & Subsidiaries Balance Sheet for all
financial statement footnotes.
FROM MOR-3
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 11/02/03 - 11/30/03
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
AS OF
PROGRESSIVE REALTY, INC. NOVEMBER 30, 2003
- ----------------------------------------------------- -----------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ -
Receivables, net -
Inventories -
Assets held for sale -
Other current assets -
-----------------
TOTAL CURRENT ASSETS -
-----------------
Investments and notes receivable, net -
Investment in direct financing leases -
-----------------
Net property and equipment -
-----------------
Other assets -
-----------------
TOTAL ASSETS $ -
-----------------
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ -
Liabilities held for sale -
Other current liabilities 1,510
-----------------
TOTAL CURRENT LIABILITIES 1,510
-----------------
Long-term debt -
Long-term obligations under capital leases -
Other liabilities -
Liabilities subject to compromise 9
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
Debt and notes payable $ -
Accounts payable 9
Closed store reserves -
Other liabilities -
Pension obligation -
Taxes payable -
-----------------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 9
NOTES
[1] Refer to Fleming Companies, Inc. & Subsidiaries Balance Sheet for all
financial statement footnotes.
FORM MOR - 3
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 11/02/03 - 11/30/03
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
AS OF
RAINBOW FOOD GROUP, INC. NOVEMBER 30, 2003
- -------------------------------------------------------------------------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ -
Receivables, net 3,353
Inventories -
Assets held for sale -
Other current assets 23
---------
TOTAL CURRENT ASSETS 3,376
---------
Investments and notes receivable, net -
Investment in direct financing leases -
Net property and equipment -
---------
Other assets 80
---------
TOTAL ASSETS $ 3,457
---------
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ 1,241
Liabilities held for sale -
Other current liabilities 43
---------
TOTAL CURRENT LIABILITIES 1,284
---------
Long-term debt -
Long-term obligations under capital leases -
Other liabilities 201
Liabilities subject to compromise 17,597
Net intercompany due to (from) (15,626)
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 $ 3,457
---------
LIABILITIES SUBJECT TO COMPROMISE
Debt and notes payable $ -
Accounts payable 17,597
Closed store reserves -
Other liabilities -
Pension obligation -
Taxes payable -
---------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 17,597
NOTES
[1] Refer to Fleming Companies, Inc. & Subsidiaries Balance Sheet for all
financial statement footnotes.
FORM MOR - 3
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 11/02/03 - 11/30/03
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
AS OF
RETAIL INVESTMENTS, INC. NOVEMBER 30, 2003
- --------------------------------------------------------------------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ -
Receivables, net -
nventories -
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 -
---------
TOTAL ASSETS $ (3)
---------
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ (1)
Liabilities held for sale -
Other current liabilities -
---------
TOTAL CURRENT LIABILITIES (1)
---------
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 $ (3)
---------
LIABILITIES SUBJECT TO COMPROMISE
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.
FORM MOR - 3
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 11/02/03 - 11/30/03
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
AS OF
RFS MARKETING SERVICES, INC. NOVEMBER 30, 2003
- ------------------------------------------------------------ -----------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ -
Receivables, net 23
Inventories -
Assets held for sale -
Other current assets 1
-----------------
TOTAL CURRENT ASSETS 24
-----------------
Investments and notes receivable, net -
Investment in direct financing leases -
-----------------
Net property and equipment -
-----------------
Other assets 33
-----------------
TOTAL ASSETS $ 57
-----------------
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ 12
Liabilities held for sale -
Other current liabilities 10
-----------------
TOTAL CURRENT LIABILITIES 22
-----------------
Long-term debt -
Long-term obligations under capital leases -
Other liabilities -
Liabilities subject to compromise -
Net intercompany due to (from) 36
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 $ 57
-----------------
LIABILITIES SUBJECT TO COMPROMISE
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.
FORM MOR - 3
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 11/02/03 - 11/30/03
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
AS OF
RICHMAR FOODS, INC. NOVEMBER 30, 2003
- ------------------------------------------------------------ -----------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ -
Receivables, net 4,535
Inventories -
Assets held for sale -
Other current assets 1,050
-----------------
TOTAL CURRENT ASSETS 5,586
-----------------
Investments and notes receivable, net -
Investment in direct financing leases -
-----------------
Net property and equipment -
-----------------
Other assets -
-----------------
TOTAL ASSETS $ 5,586
-----------------
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ 2,082
Liabilities held for sale -
Other current liabilities 2,964
-----------------
TOTAL CURRENT LIABILITIES 5,045
-----------------
Long-term debt -
Long-term obligations under capital leases -
Other liabilities -
Liabilities subject to compromise 9,746
Net intercompany due to (from) (9,206)
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 $ 5,586
-----------------
LIABILITIES SUBJECT TO COMPROMISE
Debt and notes payable $ -
Accounts payable 7,631
Closed store reserves -
Other liabilities 2,115
Pension obligation -
Taxes payable -
-----------------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 9,746
NOTES
[1] Refer to Fleming Companies, Inc. & Subsidiaries Balance Sheet for all
financial statement footnotes.
FORM MOR - 3
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 11/02/03 - 11/30/03
(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.
FLEMING [9] BEGINNING AMOUNT ENDING
TAX WITHHELD OR AMOUNT TAX
LIABILITY ACCRUED PAID [10] LIABILITY
------------ ------------ ---------- ------------
FEDERAL
- -------
Payroll Taxes [1] $ - $ - $ - $ -
------------ ------------ ---------- ------------
Income $ (937) 550 (387)
------------ ------------ ---------- ------------
TOTAL FEDERAL TAXES $ (937) $ - $ 550 $ (387)
------------ ------------ ---------- ------------
STATE AND LOCAL
- ---------------
Payroll Taxes [1] $ - $ - $ - $ -
------------ ------------ ---------- ------------
Sales [2] $ (1,889) - 145 (1,744)
------------ ------------ ---------- ------------
Excise [2] $ 67 (67) -
------------ ------------ ---------- ------------
& Personal Property [3] $ (4,274) - 1,833 (2,441)
------------ ------------ ---------- ------------
Cigarette & Tobacco [4] $ - - - -
------------ ------------ ---------- ------------
Franchise [2] $ (150) 70 (64) (144)
------------ ------------ ---------- ------------
Total State and Local $ (6,246) $ 70 $ (1,847) $ (4,329)
------------ ------------ ---------- ------------
TOTAL TAXES $ (7,183) $ 70 2,397 (4,716)
============ ============ ========== ============
BEGINNING AMOUNT ENDING
TAX WITHHELD OR AMOUNT TAX
CORE-MARK [9] LIABILITY ACCRUED PAID LIABILITY
- ------------- ------------ ------------ ---------- ------------
FEDERAL
- -------
Payroll Taxes [1] $ (346) $ (2,324) $ 2,345 $ (325)
------------ ------------ --------- ------------
Income $ - - - -
------------ ------------ --------- ------------
TOTAL FEDERAL TAXES $ (346) $ (2,324) $ 2 ,345 $ (325)
------------ ------------ --------- ------------
STATE AND LOCAL
- ---------------
Payroll Taxes [1] $ (2) $ (308) $ 309 $ (1)
------------ ------------ --------- ------------
Sales $ (12) (38) 37 (13)
------------ ------------ --------- ------------
Excise $ (370) (91) 177 (284)
------------ ------------ --------- ------------
Real & Personal Property [3] $ (625) (118) 92 (651)
------------ ------------ --------- ------------
Cigarette & Tobacco $ (43,044) (69,775) 79,306 (33,513)
------------ ------------ --------- ------------
Other: GST [5] $ (2,268) (1,933) - (4,201)
------------ ------------ --------- ------------
Other: Spokane & Portland B&O Ta[6] $ (120) (46) 59 (107)
------------ ------------ --------- ------------
Total State and Local $ (46,441) $ (72,310) $ 79,980 $ (38,770)
------------ ------------ --------- ------------
TOTAL TAXES $ (46,787) $ (74,634) $ 82,326 $ (39,094)
============ ============ ========== ============
SUMMARY OF UNPAID POSTPETITION DEBTS
FLEMING ACCOUNTS PAYABLE AGING (IN THOUSANDS) [9] AMOUNT
- ------------------------------------------------- ------------
Current $ -
0 - 30 days [7] 98,234
31 - 60 days -
61 - 90 days -
91+ days -
Total Accounts Payable [8] $ 98,234
CORE-MARK ACCOUNTS PAYABLE AGING (IN THOUSANDS[9] AMOUNT
- ------------------------------------------------- ------------
Current $ -
0 - 30 days [7] 103,743
31 - 60 days -
61 - 90 days -
91+ days -
Total Accounts Payable [8] $ 103,743
EXPLAIN HOW AND WHEN THE DEBTOR INTENDS TO PAY ANY PAST-DUE POSTPETITION DEBTS.
Fleming Companies, Inc. and its related subsidiaries do not have material past
due postpetition debts. However, those debts that are past due will be paid
through the ordinary course of business. Further, Fleming Companies, Inc.
anticipates it will incur certain contract cure costs related to those contracts
assigned to C&S Wholesale Grocers, Inc. as a result of the sale of Fleming
Companies, Inc.'s wholesale grocery operations.
NOTES
[1] Payroll taxes include all employer and employee payroll related items
withheld and accrued.
[2] Sales, Excise and Franchise postpetition taxes are calculated by adding
to the period 11 balance the net accrual increase/decrease in the
period ending November 30th.
[3] Fleming's postpetition Real and personal property taxes include 275/365
of 2003 (April 2003 through December 2003) taxes and 2004 taxes.
Additionally, Core-Mark's Real & personal property taxes excludes
Plymouth as it is included in Fleming. All other Eastern divisions are
included in Core-Mark.
[4] There is no longer an accrual or expense related to cigarette and
tobacco taxes as all the applicable Fleming entities have been closed
or sold. [5] GST refers to Canadian Goods and Service Taxes.
[6] B&O tax refers to Business and Occupational taxes for Spokane and
Portland only.
[7] Fleming and Core-mark were unable to provide an Accounts Payable Aging.
Therefore, Accounts Payable is shown as 30 days old. Core-Mark's aging
includes Head and Minter-Weisman and Fleming's includes the four
convenience divisions that are part of Fleming Companies, Inc.
[8] Accounts Payable per the Balance Sheet includes trade accounts payable
and other accrued expenses. See footnote [2] on Form MOR-5.
[9] At the close of the 11th period, Fleming Companies, Inc. changed its'
reporting period from a 13 period reporting basis to a month-end basis.
Consequently, the November reporting period will be for the period
November 2, 2003 through November 30, 2003. Effective with this
reporting period, Core-Mark entities are on the same reporting schedule
as the Fleming entities.
[10] Amount Paid represents amounts paid, amounts received and other
FORM MOR - 4
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 11/02/03 - 11/30/03
(Dolllars in 000's)
ACCCOUNTS RECEIVABLE AGENCIES
FLEMING ACCOUNTS RECEIVABLE AGING [1] [2] AMOUNT
- ---------------------------------------------- ---------
Not Due $ 24,713
---------
Current 9,618
---------
1 - 7 days old 1,165
---------
8 - 14 days old 1,165
---------
15 - 21 days old 1,165
---------
+ Over 21 days 382,344
---------
Credits Over 21 days [7] -
---------
Total Accounts Receivable $ 420,170
---------
Amount considered uncollectible (Bad Debt) [3] (77,099)
---------
Accounts Receivable (Net) $ 343,071
---------
CORE-MARK ACCOUNTS RECEIVABLE AGING [1] [4] AMOUNT
- ---------------------------------------------- ---------
Current $ 184,575
---------
1 - 30 days old 15,952
---------
31 - 45 days old 2,387
---------
40 - 60 days old 865
---------
61 - 90 days old 873
---------
91 - 120 days old 423
---------
+ Over 120 days 6,562
---------
Total Accounts Receivable $ 211,637
---------
Amount considered uncollectible (Bad Debt) [3] (9,100)
---------
Accounts Receivable (Net) $ 202,537
---------
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] Of the Core-Mark's 7 Eastern divisions ("Fleming 7"), Core-Mark's
accounts receivable aging includes Head and Minter-Weisman and
Fleming's accounts receivable aging includes the four convenience
divisions that are part of Fleming Companies, Inc. In cases where
detail accounts receivable amounts are not available, the amount is
allocated to the aging brackets based on each brackets percentage of
the total aged accounts receivable amount.
[2] In addition to the aging of customer accounts receivable, a large
portion of the Fleming receivable balance is from reclassifying vendor
deductions from accounts payable, which has been listed as over 21
days. No amount has currently been reserved for these receivables from
vendors. Also included in accounts receivable are royalties related to
the sale of the wholesale business, which have been listed as "not
due".
[3] Amount considered uncollectible (Bad Debt) is per the general ledger
for all entities as of November 30, 2003.
[4] Core-Mark's Accounts Receivable data is for Core-Mark's month ended
November 30, 2003. Further, Core-Mark's Accounts Receivable Aging total
differed from the general ledger total due to timing differences and
adjustments, including reclassifying vendor deductions from accounts
payable. The receivable balance not supported by an aging was listed as
current. No amount has currently been reserved for receivables from
vendors.
[5] During the month of November, Fleming sold two retail stores and
rejected a lease with subtenant for value. The total proceeds of these
transactions were approximately $2.3 million.
[6] The Wisconsin Sales & Use Tax return, for the Milwaukee Product Supply
Center, has not been filed in a timely manner. A final Wisconsin Sales
& Use Tax return for 2003 will be filed in January 2004 once all the
necessary information has been received.
[7] Due to changes in the operating system, the dollar amount of credits
that are included in the total aged accounts receivable balance is not
available.
FORM MOR - 5
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 11/02/03 - 11/30/03
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 LOGO] 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: NOVEMBER 1 TO NOVEMBER 30, 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, all returns were timely filed with the appropriate
jurisdictions, with the following exception:
Milwaukee Product Supply Center: Wisconsin Sales & Use Tax Final Return 2003.
This return will be filed in January, 2004 upon receipt of further information.
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.
January 13, 2004 /s/ Lisa P. Shield
------------------------- ------------------------------
Dtae Lisa P. Shield, Partner