EXHIBIT 99.1
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: 4/01/04 - 4/30/04
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.
<Table>
<Caption>
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
</Table>
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 6/15/2004
- ---------------------------------- ---------------------------------
Printed Name of Responsible Party Date: June 15, 2004
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 04/01/04 - 04/30/04
NOTES TO THE MONTHLY OPERATING REPORT
GENERAL
The report includes activity from the following Debtors and related Case Numbers
[1][2][3][4]
<Table>
<Caption>
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:
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
</Table>
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. Of the "Fleming 7", one division
(Marshfield) was closed during 2003 and three divisions (one of the two
divisions in Head and Chicago and Altoona) were closed at the end of
2003.
[4] The Monthly Operating Report excludes financial activity related to
non-Debtor entities (i.e., Choteau Development Company, LLC, etc.).
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 04/01/04 - 04/30/04
WEEKLY RECEIPTS AND DISBURSEMENTS[1]
(DOLLARS IN 000'S)
<Table>
<Caption>
CURRENT CUMULATIVE
PERIOD FILING TO
WEEK 1 WEEK 2 WEEK 3 WEEK 4 WEEK 5 TOTAL DATE
--------- --------- --------- ---------- --------- ---------- -----------
CASH RECEIPTS:
Fleming Receipts $ 260 775 147 1,402 468 $ 3,052 $ 2,462,635
Core-Mark Receipts[3] 26,457 69,569 64,848 68,587 67,780 297,242 4,131,603
Asset / Excess Inventory Sales & Other -- -- -- 238 -- 238 330,293
--------- --------- --------- ---------- --------- ---------- -----------
ACTUAL RECEIPTS $ 26,717 $ 70,344 $ 64,995 $ 70,227 $ 68,247 $ 300,531 $ 6,924,531
--------- --------- --------- ---------- --------- ---------- -----------
CASH DISBURSEMENTS FROM OPERATIONS:
Material Purchases - Fleming $ (32) (24) (80) (1) (27) $ (163) $(1,620,360)
Material Purchases - Core-Mark[3] (20,125) (52,638) (51,022) (52,418) (54,855) (231,057) (3,055,652)
Tax Disbursements - Cigarettes (3,594) (10,186) (12,998) (13,402) (10,335) (50,516) (632,176)
Tax Disbursements - Other (3) (16) (133) (27) (87) (267) (13,335)
Employee & Payroll[5] 1,592 (3,600) (1,843) (4,169) (903) (8,922) (378,457)
Lease & Recurring Costs (917) (257) (228) (428) (591) (2,420) (101,231)
Other Operating Costs (788) (1,624) (3,361) (1,428) (2,334) (9,535) (295,506)
--------- --------- --------- ---------- --------- ---------- -----------
ACTUAL CASH DISBURSEMENTS FROM OPERATIONS $ (23,866) $ (68,344) $ (69,665) $ (71,873) $ (69,133) $ (302,881) $(6,096,717)
--------- --------- --------- ---------- --------- ---------- -----------
CASH DISBURSEMENTS FROM NON-OPERATIONS:
DSD/Critical Vendor/PACA Payments[2] $ -- -- -- -- -- $ -- $ (102,548)
Capital Expenditures -- -- -- -- -- -- (2,216)
Restructuring & Professional Fees (60) (591) (19) (1,736) (2,805) (5,212) (85,677)
Interest & Financing -- (363) -- (544) (122) (1,029) (86,085)
Other Non-Operating Costs -- -- -- -- -- -- --
Debt Repayment[4] $ -- $ (2,035) $ (2,035) $ (422,799)
--------- --------- --------- ---------- --------- ---------- -----------
ACTUAL CASH DISBURSEMENTS FROM NON-OPERATIONS $ (60) $ (954) $ (19) $ (4,314) $ (2,927) $ (8,275) $ (699,325)
--------- --------- --------- ---------- --------- ---------- -----------
TOTAL ACTUAL DISBURSEMENTS $ (23,927) $ (69,299) $ (69,683) $ (76,187) $ (72,060) $ (311,156) $(6,796,043)
--------- --------- --------- ---------- --------- ---------- -----------
</Table>
<Table>
DISBURSEMENTS FOR CALCULATING U.S. TRUSTEE QUARTERLY FEES: (FROM CURRENT PERIOD COLUMN)
TOTAL DISBURSEMENTS (311,156)
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 (311,156)
--------
</Table>
NOTES
[1] Weekly Receipts and Disbursements include both Core-Mark and Fleming
for the current month. Week one contains only two business days.
[2] This Monthly Operating report (including the periods covering April 1,
2003 through March 31, 2004 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] All seven of the Core-Mark eastern divisions are included in the
Core-Mark amounts, although only three currently remain open.
[4] $2.0 million of pre-petition debt was paid down as follows: Revolver
$0.9 million, Term $0.8 million, and $0.3 million was set aside to
collateralize letters of credit.
[5] Week one includes a funding correction of $1.6 million from week five
of the prior reporting period.
FORM MOR - 1A
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 04/01/04 - 04/30/04
CASH DISBURSEMENTS BY PETITIONING ENTITY[1]
(DOLLARS IN 000'S)
<Table>
<Caption>
CUMULATIVE FILING TO
PETITIONING ENTITIES CASE NUMBER CURRENT PERIOD TOTAL DATE
- -------------------- ----------- -------------------- --------------------
Core-Mark International, Inc. 03-10944 $ (204,809) $ (2,709,955)
Fleming Companies, Inc. 03-10945 (19,086) (2,615,606)
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 (46,641) (597,153)
Core-Mark Interrelated Companies, Inc. 03-10951 (8,229) (100,903)
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 (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 (8,245) (95,287)
Minter Weisman Co. 03-10964 (24,146) (292,623)
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 (165,252)
Retail Supermarkets, Inc. 03-10970 --
RFS Marketing Services, Inc. 03-10971 --
Richmar Foods, Inc. 03-10972 (71,566)
Dunigan Fuels, Inc. 03-10973 (67)
---------- ------------
TOTAL ACTUAL DISBURSEMENTS[2][3] $ (311,156) $ (6,796,043)
---------- ------------
</Table>
NOTES
[1] Employee and Payroll disbursements for the current period, per the
Weekly Receipts and Disbursements schedule, were $0.7 million for
Fleming Companies, Inc. and $8.2 million for Core-Mark International,
Inc.
[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 for the current month and for 04/01/03 through the
current month 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 04/01/04 - 04/30/04
BANK ACCOUNT INFORMATION
<Table>
<Caption>
ACCOUNT
PETITIONING ENTITIES BANK 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 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 8806323919 Depository
Fleming Companies, Inc. JP Morgan 8806363428 Depository
Fleming Companies, Inc. JP Morgan 323252842 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 6300064998 Disbursement
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
</Table>
FORM MOR - 1C
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 04/01/04 - 04/30/04
STATEMENT OF OPERATIONS (UNAUDITED)
(DOLLARS IN 000'S)
<Table>
<Caption>
APRIL 1, 2004 -
FLEMING COMPANIES, INC. & SUBSIDIARIES[1][2][3] APRIL 30, 2004
- -------------------------------------------------- ---------------
NET SALES $ 351,547
COSTS AND EXPENSES:
Cost of sales (341,932)
Selling and administrative (9,194)
Reorganization items, net (1,375)
Interest expense (125)
Interest income and other 501
Impairment/restructuring charges (1,437)
----------
TOTAL COSTS AND EXPENSES (353,562)
----------
Income/(Loss) before income taxes (2,015)
Taxes on income/(loss) --
----------
INCOME/(LOSS) FROM CONTINUING OPERATIONS (2,015)
----------
DISCONTINUED OPERATIONS:
Income/(Loss) before income taxes[4][5] (144,911)
Taxes on income/(loss) --
----------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS (144,911)
----------
NET INCOME/(LOSS) $ (146,925)
----------
</Table>
NOTES
[1] 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.
[2] 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.).
[3] Continuing Operations as of the current month 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.
[4] On June 1, 2004, the Court approved a settlement between the Company
and the Pension Benefit Guarantee Corporation (PBGC) related to the
Fleming Consolidated Pension Plan. The settlement becomes effective on
the Effective Date of Fleming's Plan of Reorganization. The terms of
the settlement call for the PBGC to receive an Allowed Administrative
Claim of $2.0 million, an Allowed Other Priority Non-Tax Claim of $750
thousand, and an Allowed General Unsecured Claim of $200 million. The
Fleming Companies, Inc. Statement of Operations for April reflects the
necessary adjustments to get the pension accrual to these settlement
amounts, including a charge of $145 million relating to the $200
million liability for the General Unsecured Claim.
[5] Fleming has reached agreement in principle with the lead plaintiffs
representing a class of vendors who provided goods directly to third
party retailers prior to April 1, 2003 and for which remittances had
allegedly been collected by Fleming but not turned over to the vendors
(DSD vendors). The settlement amount is $17.5 million. The Fleming
Companies, Inc. Statement of Operations for April reflects income of
approximately $4.5 million to adjust the liability subject to
compromise to the settlement amount. The Court has preliminarily
approved this class action settlement, and the parties expect to obtain
final approval on July 9, 2004.
FORM MOR - 2
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 04/01/04 - 04/30/04
STATEMENT OF OPERATIONS (UNAUDITED)[1]
(DOLLARS IN 000'S)
<Table>
<Caption>
APRIL 1, 2004 -
ABCO FOOD GROUP, INC. APRIL 30, 2004
- --------------------- ---------------
NET SALES $ --
COSTS AND EXPENSES:
Cost of sales --
Selling and administrative --
Reorganization items, net --
Interest expense --
Interest income and other --
Impairment/restructuring 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) $ --
--------
</Table>
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: 04/01/04 - 04/30/04
STATEMENT OF OPERATIONS (UNAUDITED) [1]
(DOLLARS IN 000'S)
<Table>
<Caption>
APRIL 1, 2004 -
CORE-MARK INTERNATIONAL, INC. APRIL 30, 2004
- ----------------------------- ---------------
NET SALES $ 251,829
COSTS AND EXPENSES:
Cost of sales (244,668)
Selling and administrative (6,664)
Reorganization items, net (1,375)
Interest expense (125)
Interest income and other 535
Impairment/restructuring charges --
------------
TOTAL COSTS AND EXPENSES (252,297)
------------
Income/(Loss) before income taxes (468)
Taxes on income/(loss) --
------------
INCOME/(LOSS) FROM CONTINUING OPERATIONS (468)
------------
DISCONTINUED OPERATIONS:
Income/(Loss) before income taxes --
Taxes on income/(loss) --
------------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS --
------------
NET INCOME/(LOSS) $ (468)
------------
</Table>
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: 04/01/04 - 04/30/04
STATEMENT OF OPERATIONS (UNAUDITED) [1]
(DOLLARS IN 000'S)
<Table>
<Caption>
APRIL 1, 2004 -
CORE-MARK INTERRELATED COMPANIES, INC. APRIL 30, 2004
- -------------------------------------- ---------------
NET SALES $ 8,576
COSTS AND EXPENSES:
Cost of sales (8,303)
Selling and administrative (91)
Reorganization items, net --
Interest expense --
Interest income and other (0)
Impairment/restructuring charges --
-------------
TOTAL COSTS AND EXPENSES (8,394)
-------------
Income/(Loss) before income taxes 182
Taxes on income/(loss) --
-------------
INCOME/(LOSS) FROM CONTINUING OPERATIONS 182
-------------
DISCONTINUED OPERATIONS:
Income/(Loss) before income taxes --
Taxes on income/(loss) --
-------------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS --
-------------
NET INCOME/(LOSS) $ 182
-------------
</Table>
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: 04/01/04 - 04/30/04
STATEMENT OF OPERATIONS (UNAUDITED) [1]
(DOLLARS IN 000'S)
<Table>
<Caption>
APRIL 1, 2004 -
CORE-MARK MID-CONTINENT, INC. APRIL 30, 2004
- ----------------------------- ---------------
NET SALES $ 43,495
COSTS AND EXPENSES:
Cost of sales (42,259)
Selling and administrative (886)
Reorganization items, net --
Interest expense --
Interest income and other 18
Impairment/restructuring charges --
------------
TOTAL COSTS AND EXPENSES (43,128)
------------
Income/(Loss) before income taxes 367
Taxes on income/(loss) --
------------
INCOME/(LOSS) FROM CONTINUING OPERATIONS 367
------------
DISCONTINUED OPERATIONS:
Income/(Loss) before income taxes --
Taxes on income/(loss) --
------------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS --
------------
NET INCOME/(LOSS) $ 367
------------
</Table>
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: 04/01/04 - 04/30/04
STATEMENT OF OPERATIONS (UNAUDITED) [1]
(DOLLARS IN 000'S)
<Table>
<Caption>
APRIL 1, 2004 -
DUNIGAN FUELS, INC. APRIL 30, 2004
- ------------------- ---------------
NET SALES $ --
COSTS AND EXPENSES:
Cost of sales --
Selling and administrative --
Reorganization items, net --
Interest expense --
Interest income and other --
Impairment/restructuring 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 (22)
Taxes on income/(loss) --
------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS (22)
------
NET INCOME/(LOSS) $ (22)
------
</Table>
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: 04/01/04 - 04/30/04
STATEMENT OF OPERATIONS (UNAUDITED) [1]
(DOLLARS IN 000'S)
<Table>
<Caption>
APRIL 1, 2004 -
FAVAR CONCEPTS, LTD APRIL 30, 2004
- ------------------- ---------------
NET SALES $ --
COSTS AND EXPENSES:
Cost of sales --
Selling and administrative --
Reorganization items, net --
Interest expense --
Interest income and other --
Impairment/restructuring 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) $ --
--------
</Table>
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: 04/01/04 - 04/30/04
STATEMENT OF OPERATIONS (UNAUDITED) [1]
(DOLLARS IN 000'S)
<Table>
<Caption>
APRIL 1, 2004 -
FLEMING COMPANIES, INC. APRIL 30, 2004
- ----------------------- ---------------
NET SALES $ 15,344
COSTS AND EXPENSES:
Cost of sales (15,144)
Selling and administrative (435)
Reorganization items, net --
Interest expense --
Interest income and other 9
Impairment/restructuring charges (1,437)
----------
TOTAL COSTS AND EXPENSES (17,007)
----------
Income/(Loss) before income taxes (1,663)
Taxes on income/(loss) --
----------
INCOME/(LOSS) FROM CONTINUING OPERATIONS (1,663)
----------
DISCONTINUED OPERATIONS:
Income/(Loss) before income taxes [2] (145,214)
Taxes on income/(loss) --
----------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS (145,214)
----------
NET INCOME/(LOSS) $ (146,877)
----------
</Table>
NOTES
[1] Refer to Fleming Companies, Inc. & Subsidiaries Statement of Operations
for all financial statement footnotes.
[2] On June 1, 2004, the Court approved a settlement between the Company
and the Pension Benefit Guarantee Corporation (PBGC) related to the
Fleming Consolidated Pension Plan. The settlement becomes effective on
the Effective Date of Fleming's Plan of Reorganization. The terms of
the settlement call for the PBGC to receive an Allowed Administrative
Claim of $2.0 million, an Allowed Other Priority Non-Tax Claim of $750
thousand, and an Allowed General Unsecured Claim of $200 million. The
Fleming Companies, Inc. Statement of Operations for April reflects the
necessary adjustments to get the pension accrued to these settlement
amounts, including a charge of $145 million relating to the $200
million liability for the General Unsecured Claim.
FORM MOR - 2
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 04/01/04 - 04/30/04
STATEMENT OF OPERATIONS (UNAUDITED) [1]
(DOLLARS IN 000'S)
<Table>
<Caption>
APRIL 1, 2004 -
FLEMING FOODS OF TEXAS, L.P. APRIL 30, 2004
- ---------------------------- ---------------
NET SALES $ --
COSTS AND EXPENSES:
Cost of sales --
Selling and administrative --
Reorganization items, net --
Interest expense --
Interest income and other --
Impairment/restructuring 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)
--------
</Table>
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: 04/01/04 - 04/30/04
STATEMENT OF OPERATIONS (UNAUDITED) [1]
(DOLLARS IN 000'S)
<Table>
<Caption>
APRIL 1, 2004 -
FLEMING INTERNATIONAL, LTD APRIL 30, 2004
- -------------------------- ---------------
NET SALES $ --
COSTS AND EXPENSES:
Cost of sales --
Selling and administrative --
Reorganization items, net --
Interest expense --
Interest income and other --
Impairment/restructuring 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) $ --
--------
</Table>
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: 04/01/04 - 04/30/04
STATEMENT OF OPERATIONS (UNAUDITED) [1]
(DOLLARS IN 000'S)
<Table>
<Caption>
APRIL 1, 2004 -
FLEMING TRANSPORTATION SERVICES, INC. APRIL 30, 2004
- ------------------------------------- ---------------
NET SALES $ --
COSTS AND EXPENSES:
Cost of sales --
Selling and administrative --
Reorganization items, net --
Interest expense --
Interest income and other --
Impairment/restructuring 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) $ --
--------
</Table>
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: 04/01/04 - 04/30/04
STATEMENT OF OPERATIONS (UNAUDITED) [1]
(DOLLARS IN 000'S)
<Table>
<Caption>
APRIL 1, 2004 -
HEAD DISTRIBUTING COMPANY APRIL 30, 2004
- ------------------------- ---------------
NET SALES $ 7,612
COSTS AND EXPENSES:
Cost of sales (7,446)
Selling and administrative (463)
Reorganization items, net --
Interest expense --
Interest income and other (62)
Impairment/restructuring charges --
----------
TOTAL COSTS AND EXPENSES (7,971)
----------
Income/(Loss) before income taxes (359)
Taxes on income/(loss) --
----------
INCOME/(LOSS) FROM CONTINUING OPERATIONS (359)
----------
DISCONTINUED OPERATIONS:
Income/(Loss) before income taxes --
Taxes on income/(loss) --
----------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS --
----------
NET INCOME/(LOSS) $ (359)
----------
</Table>
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: 04/01/04 - 04/30/04
STATEMENT OF OPERATIONS (UNAUDITED) [1]
(DOLLARS IN 000'S)
<Table>
<Caption>
APRIL 1, 2004 -
MINTER-WEISMAN CO. APRIL 30, 2004
- ------------------ ---------------
NET SALES $ 24,691
COSTS AND EXPENSES:
Cost of sales (24,110)
Selling and administrative (655)
Reorganization items, net --
Interest expense --
Interest income and other 1
Impairment/restructuring charges --
----------
TOTAL COSTS AND EXPENSES (24,764)
----------
Income/(Loss) before income taxes (73)
Taxes on income/(loss) --
----------
INCOME/(LOSS) FROM CONTINUING OPERATIONS (73)
----------
DISCONTINUED OPERATIONS:
Income/(Loss) before income taxes --
Taxes on income/(loss) --
----------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS --
----------
NET INCOME/(LOSS) $ (73)
----------
</Table>
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: 04/01/04 - 04/30/04
STATEMENT OF OPERATIONS (UNAUDITED) [1]
(DOLLARS IN 000'S)
<Table>
<Caption>
APRIL 1, 2004 -
PIGGLY WIGGLY COMPANY APRIL 30, 2004
- --------------------- ---------------
NET SALES $ --
COSTS AND EXPENSES:
Cost of sales --
Selling and administrative --
Reorganization items, net --
Interest expense --
Interest income and other --
Impairment/restructuring 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
----------
</Table>
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: 04/01/04 - 04/30/04
STATEMENT OF OPERATIONS (UNAUDITED) [1]
(DOLLARS IN 000'S)
<Table>
<Caption>
APRIL 1, 2004 -
PROGRESSIVE REALTY, INC. APRIL 30, 2004
- ------------------------ ---------------
NET SALES $ --
COSTS AND EXPENSES:
Cost of sales --
Selling and administrative --
Reorganization items, net --
Interest expense --
Interest income and other --
Impairment/restructuring 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 301
Taxes on income/(loss) --
---------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS 301
---------
NET INCOME/(LOSS) $ 301
---------
</Table>
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: 04/01/04 - 04/30/04
STATEMENT OF OPERATIONS (UNAUDITED) [1]
(DOLLARS IN 000'S)
<Table>
<Caption>
APRIL 1, 2004 -
RAINBOW FOOD GROUP, INC. APRIL 30, 2004
- ------------------------ --------------
NET SALES $ --
COSTS AND EXPENSES:
Cost of sales --
Selling and administrative --
Reorganization items, net --
Interest expense --
Interest income and other --
Impairment/restructuring 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 14
Taxes on income/(loss) --
----------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS 14
----------
NET INCOME/(LOSS) $ 14
----------
</Table>
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: 04/01/04 - 04/30/04
STATEMENT OF OPERATIONS (UNAUDITED) [1]
(DOLLARS IN 000'S)
<Table>
<Caption>
APRIL 1, 2004 -
RETAIL INVESTMENTS, INC. APRIL 30, 2004
- ------------------------ ---------------
NET SALES $ --
COSTS AND EXPENSES:
Cost of sales --
Selling and administrative --
Reorganization items, net --
Interest expense --
Interest income and other --
Impairment/restructuring 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) $ --
--------
</Table>
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: 04/01/04 - 04/30/04
STATEMENT OF OPERATIONS (UNAUDITED) [1]
(DOLLARS IN 000'S)
<Table>
<Caption>
APRIL 1, 2004 -
RFS MARKETING SERVICES, INC. APRIL 30, 2004
- ---------------------------- ---------------
NET SALES $ --
COSTS AND EXPENSES:
Cost of sales --
Selling and administrative --
Reorganization items, net --
Interest expense --
Interest income and other --
Impairment/restructuring 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)
----------
</Table>
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: 04/01/04 - 04/30/04
STATEMENT OF OPERATIONS (UNAUDITED) [1]
(DOLLARS IN 000'S)
<Table>
<Caption>
APRIL 1, 2004 -
RICHMAR FOODS, INC. APRIL 30, 2004
- ------------------- --------------
NET SALES $ --
COSTS AND EXPENSES:
Cost of sales --
Selling and administrative --
Reorganization items, net --
Interest expense --
Interest income and other --
Impairment/restructuring 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 20
Taxes on income/(loss) --
--------
INCOME/(LOSS) FROM DISCONTINUED OPERATIONS 20
--------
NET INCOME/(LOSS) $ 20
--------
</Table>
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: 04/01/04 - 04/30/04
BALANCE SHEET (UNAUDITED)
(DOLLARS IN 000'S)
<Table>
<Caption>
AS OF
FLEMING COMPANIES, INC. & SUBSIDIARIES [1] APRIL 30, 2004
- ------------------------------------------ --------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents [12] $ 303,142
Receivables, net [2] 421,070
Inventories 143,951
Assets held for sale [3] 1,495
Other current assets 37,527
-----------
TOTAL CURRENT ASSETS 907,185
-----------
Investments and notes receivable, net 34
Investment in direct financing leases --
Net property and equipment 36,839
-----------
Other assets 43,570
-----------
TOTAL ASSETS $ 987,627
-----------
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable [2] $ 206,844
Liabilities held for sale [3] --
Other current liabilities 50,774
-----------
TOTAL CURRENT LIABILITIES 257,618
-----------
Long-term debt --
Long-term obligations under capital leases --
Other liabilities 6,581
Liabilities subject to compromise [4] [5] 2,438,176
Net intercompany due to (from) [6] 1,379
SHAREHOLDERS' EQUITY:
Common stock, $2.50 par value per share 136,221
Capital in excess of par value 710,623
Reinvested earnings (deficit) (2,548,412)
Accumulated other comprehensive income:
Additional minimum pension liability [11] (15,663)
Cumulative foreign currency translation adjustment 1,105
-----------
TOTAL SHAREHOLDERS' EQUITY $(1,716,126)
-----------
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 987,627
-----------
</Table>
FORM MOR - 3
<Table>
<Caption>
LIABILITIES SUBJECT TO COMPROMISE [4] [5]
Debt and notes payable [7] [8] $ 1,540,701
Accounts payable [9] [13] [14] 433,039
Damage estimates for closed and rejected leases [10] 148,555
Other liabilities [9] [15] 37,990
Pension obligation [11] 258,354
Taxes payable [9] [16] 19,538
-----------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 2,438,176
</Table>
GENERAL
[1] 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.
[2] The accounts receivable balance 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 by Fleming for receivables from vendors. Fleming
continues to evaluate the recoverability of its customer accounts
receivable.
[3] Continuing Operations for the month includes only the convenience business.
The remaining fixed assets of all other businesses have been reclassified
as Assets Held for Sale as required by SFAS 146.
[4] Liabilities Subject to Compromise is comprised of prepetition long-term
debt, accounts payable, damage estimates for closed and rejected leases,
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.
[5] The Company has paid certain prepetition liabilities and continues to
reconcile these payments against Liabilities Subject to Compromise.
[6] 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.
[7] 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
[8] Debt and notes payable includes bonds, revolver and term loan and related
accrued interest balances as of the current month end.
[9] 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 2 above.
[10] Damage estimates for closed and rejected leases are current end of month
balances.
[11] Effective January 1, 2004, the Fleming Consolidated Pension Plan was
transferred to the Pension Benefit Guarantee Corporation (PBGC). This
resulted in a reversal of the related additional minimum pension liability
adjustment, which reduced the pension accrual in Liabilities Subject to
Compromise and reduced the Additional Minimum Pension Liability in
Accumulated Other Comprehensive Income in the equity section. On June 1,
2004, the Court approved a settlement between the Company and the PBGC
related to the Fleming Consolidated Pension Plan. The settlement becomes
effective on the Effective Date of Fleming's Plan of Reorganization. The
terms of the settlement call for the PBGC to receive an Allowed
Administrative Claim of $2.0 million, an Allowed Other Priority Non-Tax
Claim of $750 thousand, and an Allowed General Unsecured Claim of $200
million. The Fleming Companies, Inc. Statement of Operations for April
reflects the necessary adjustments to get the pension accrual to these
settlement amounts, including a charge of $145 million relating to the $200
million liability for the General Unsecured Claim.
[12] Cash and cash equivalents includes restricted cash related to the
collateralization of prepetition letters of credit totaling approximately
$67 million.
[13] Fleming has reached agreement in principle with the lead plaintiffs
representing a class of vendors who provided goods directly to third party
retailers prior to April 1, 2003 and for which remittances had allegedly
been collected by Fleming but not turned over to the vendors (DSD vendors).
The settlement amount is $17.5 million. The Fleming Companies, Inc.
Statement of Operations for April reflects income of approximately $4.5
million to adjust the liability subject to compromise to the settlement
amount. The Court has preliminarily approved this class action settlement,
and the parties expect to obtain final approval on July 9, 2004.
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 2 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] 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: 04/01/04 - 04/30/04
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
<Table>
<Caption>
AS OF
ABCO FOOD GROUP, INC. APRIL 30, 2004
- --------------------- --------------
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 --
-------
TOTAL ASSETS $ 3
-------
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) (1,297)
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 $ 3
-------
LIABILITIES SUBJECT TO COMPROMISE
Debt and notes payable $ --
Accounts payable 1,300
Damage estimates for closed and rejected leases --
Other liabilities --
Pension obligation --
Taxes payable --
-------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 1,300
</Table>
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: 04/01/04 - 04/30/04
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
<Table>
<Caption>
AS OF
CORE-MARK INTERNATIONAL, INC. APRIL 30, 2004
- ----------------------------- --------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ 67,183
Receivables, net 131,358
Inventories 94,589
Assets held for sale --
Other current assets 31,343
--------
TOTAL CURRENT ASSETS 324,472
--------
Investments and notes receivable, net --
Investment in direct financing leases --
--------
Net property and equipment 18,038
--------
Other assets 34,754
--------
TOTAL ASSETS $377,264
--------
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $107,033
Liabilities held for sale --
Other current liabilities 14,730
--------
TOTAL CURRENT LIABILITIES 121,763
--------
Long-term debt --
Long-term obligations under capital leases --
Other liabilities 5,678
Liabilities subject to compromise 77,979
Net intercompany due to (from) 171,844
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 $377,264
--------
LIABILITIES SUBJECT TO COMPROMISE
Debt and notes payable $ --
Accounts payable 73,570
Damage estimates for closed and rejected leases --
Other liabilities 89
Pension obligation 4,270
Taxes payable 50
--------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 77,979
</Table>
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: 04/01/04 - 04/30/04
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
AS OF
CORE-MARK INTERRELATED COMPANIES, INC. APRIL 30, 2004
- -------------------------------------- --------------
<Table>
<Caption>
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ --
Receivables, net 4,692
Inventories 7,527
Assets held for sale --
Other current assets 54
-------
TOTAL CURRENT ASSETS 12,273
-------
Investments and notes receivable, net --
Investment in direct financing leases --
-------
Net property and equipment 287
-------
Other assets --
-------
TOTAL ASSETS $12,560
-------
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ 1,489
Liabilities held for sale --
Other current liabilities --
-------
TOTAL CURRENT LIABILITIES 1,489
-------
Long-term debt --
Long-term obligations under capital leases --
Other liabilities --
Liabilities subject to compromise 5,207
Net intercompany due to (from) 5,864
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 $12,560
-------
LIABILITIES SUBJECT TO COMPROMISE
Debt and notes payable $ --
Accounts payable 5,207
Damage estimates for closed and rejected leases --
Other liabilities --
Pension obligation --
Taxes payable --
-------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 5,207
-------
</Table>
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: 04/01/04 - 04/30/04
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
AS OF
CORE-MARK MID-CONTINENT, INC. APRIL 30, 2004
- ----------------------------- --------------
<Table>
<Caption>
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ --
Receivables, net 21,874
Inventories 20,309
Assets held for sale --
Other current assets 3,211
-------
TOTAL CURRENT ASSETS 45,395
-------
Investments and notes receivable, net --
Investment in direct financing leases --
-------
Net property and equipment 11,020
-------
Other assets 2,080
-------
TOTAL ASSETS $58,494
-------
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ 1,201
Liabilities held for sale --
Other current liabilities --
-------
TOTAL CURRENT LIABILITIES 1,201
-------
Long-term debt --
Long-term obligations under capital leases --
Other liabilities --
Liabilities subject to compromise 5,335
Net intercompany due to (from) 51,959
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 $58,494
-------
LIABILITIES SUBJECT TO COMPROMISE
Debt and notes payable $ --
Accounts payable 5,304
Damage estimates for closed and rejected leases --
Other liabilities 31
Pension obligation --
Taxes payable --
-------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 5,335
</Table>
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: 04/01/04 - 04/30/04
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
AS OF
DUNIGAN FUELS, INC. APRIL 30, 2004
- ------------------- --------------
<Table>
<Caption>
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ --
Receivables, net 2,941
Inventories --
Assets held for sale --
Other current assets --
-------
TOTAL CURRENT ASSETS 2,941
-------
Investments and notes receivable, net --
Investment in direct financing leases --
-------
Net property and equipment --
-------
Other assets --
-------
TOTAL ASSETS $ 2,941
-------
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 81
Liabilities subject to compromise 7,683
Net intercompany due to (from) (4,822)
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 $ 2,941
-------
LIABILITIES SUBJECT TO COMPROMISE
Debt and notes payable $ --
Accounts payable 7,148
Damage estimates for closed and rejected leases --
Other liabilities --
Pension obligation --
Taxes payable 536
-------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 7,683
</Table>
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: 04/01/04 - 04/30/04
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
AS OF
FAVAR CONCEPTS, LTD APRIL 30, 2004
- ------------------- --------------
<Table>
<Caption>
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ --
Receivables, net --
Inventories --
Assets held for sale --
Other current assets --
------
TOTAL CURRENT ASSETS --
------
Investments and notes receivable, net --
Investment in direct financing leases --
------
Net property and equipment --
------
Other assets --
------
TOTAL ASSETS $ --
------
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ --
Liabilities held for sale --
Other current liabilities --
------
TOTAL CURRENT LIABILITIES --
------
Long-term debt --
Long-term obligations under capital leases --
Other liabilities --
Liabilities subject to compromise 1,249
Net intercompany due to (from) (1,249)
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 542
Damage estimates for closed and rejected leases --
Other liabilities --
Pension obligation --
Taxes payable 706
-------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 1,249
</Table>
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: 04/01/04 - 04/30/04
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
<Table>
<Caption>
AS OF
FLEMING COMPANIES, INC. APRIL 30, 2004
- ----------------------- -------------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents [3] $ 234,539
Receivables, net 196,041
Inventories 5,682
Assets held for sale 1,495
Other current assets 152
------------
TOTAL CURRENT ASSETS 437,907
------------
Investments and notes receivable, net 34
Investment in direct financing leases -
------------
Net property and equipment 3,578
------------
Other assets 5,318
------------
TOTAL ASSETS $ 446,838
------------
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ 89,848
Liabilities held for sale -
Other current liabilities 35,910
------------
TOTAL CURRENT LIABILITIES 125,758
------------
Long-term debt -
Long-term obligations under capital leases -
Other liabilities 822
Liabilities subject to compromise 2,282,088
Net intercompany due to (from) (245,704)
SHAREHOLDERS' EQUITY:
Common stock, $2.50 par value per share 136,221
Capital in excess of par value 710,623
Reinvested earnings (deficit) (2,548,412)
Accumulated other comprehensive income: -
Additional minimum pension liability [2] (15,663)
Cumulative foreign currency translation adjustment 1,105
------------
TOTAL SHAREHOLDERS' EQUITY $ (1,716,126)
------------
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 446,838
------------
LIABILITIES SUBJECT TO COMPROMISE
Debt and notes payable $ 1,540,701
Accounts payable 288,648
Damage estimates for closed and rejected leases 148,555
Other liabilities 35,444
Pension obligation [2] 254,084
Taxes payable 14,656
------------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 2,282,088
</Table>
NOTES
[1] Refer to Fleming Companies, Inc. & Subsidiaries Balance Sheet for all
financial statement footnotes.
[2] Effective January 1, 2004, the Fleming Consolidated Pension Plan was
transferred to the Pension Benefit Guarantee Corporation (PBGC). This
resulted in a reversal of the related additional minimum pension liability
adjustment, which reduced the pension accrual in Liabilities Subject to
Compromise and reduced the Additional Minimum Pension Liability in
Accumulated Other Comprehensive Income in the equity section. On June 1,
2004, the Court approved a settlement between the Company and the PBGC
related to the Fleming Consolidated Pension Plan. The settlement becomes
effective on the Effective Date of Fleming's Plan of Reorganization. The
terms of the settlement call for the PBGC to receive an Allowed
Administrative Claim of $2.0 million, an Allowed Other Priority Non-Tax
Claim of $750 thousand, and an Allowed General Unsecured Claim of $200
million. The Fleming Companies, Inc. Statement of Operations for April
reflects the necessary adjustments to get the pension accrual to these
settlement amounts, including a charge of $145 million relating to the $200
million liability for the General Unsecured Claim.
[3] Cash and cash equivalents includes restricted cash related to the
collateralization of prepetition letters of credit totaling approximately
$67 million.
FORM MOR - 3
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 04/01/04 - 04/30/04
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
<Table>
<Caption>
AS OF
FLEMING FOODS OF TEXAS, L.P. APRIL 30, 2004
- ---------------------------- --------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ --
Receivables, net 24,167
Inventories --
Assets held for sale --
Other current assets 62
-------
TOTAL CURRENT ASSETS 24,229
-------
Investments and notes receivable, net --
Investment in direct financing leases --
-------
Net property and equipment --
-------
Other assets 4
-------
TOTAL ASSETS $24,233
-------
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ 248
Liabilities held for sale --
Other current liabilities --
-------
TOTAL CURRENT LIABILITIES 248
-------
Long-term debt --
Long-term obligations under capital leases --
Other liabilities --
Liabilities subject to compromise 14,356
Net intercompany due to (from) 9,630
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 $24,233
-------
LIABILITIES SUBJECT TO COMPROMISE
Debt and notes payable $ --
Accounts payable 12,356
Damage estimates for closed and rejected leases --
Other liabilities 305
Pension obligation --
Taxes payable 1,696
-------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $14,356
</Table>
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: 04/01/04 - 04/30/04
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
<Table>
<Caption>
AS OF
FLEMING INTERNATIONAL, LTD APRIL 30, 2004
- -------------------------- --------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ --
Receivables, net 190
Inventories --
Assets held for sale --
Other current assets --
----
TOTAL CURRENT ASSETS 190
----
Investments and notes receivable, net --
Investment in direct financing leases --
----
Net property and equipment --
----
Other assets --
----
TOTAL ASSETS $190
----
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) 190
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 $190
----
LIABILITIES SUBJECT TO COMPROMISE
Debt and notes payable $ --
Accounts payable --
Damage estimates for closed and rejected leases --
Other liabilities --
Pension obligation --
Taxes payable --
----
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ --
</Table>
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: 04/01/04 - 04/30/04
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
<Table>
<Caption>
AS OF
FLEMING TRANSPORTATION SERVICES, INC. APRIL 30, 2004
- ------------------------------------- --------------
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 $ 6
Liabilities held for sale --
Other current liabilities --
-----
TOTAL CURRENT LIABILITIES 6
-----
Long-term debt --
Long-term obligations under capital leases --
Other liabilities --
Liabilities subject to compromise 252
Net intercompany due to (from) (259)
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 252
Damage estimates for closed and rejected leases --
Other liabilities --
Pension obligation --
Taxes payable --
-----
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 252
</Table>
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: 04/01/04 - 04/30/04
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
<Table>
<Caption>
AS OF
HEAD DISTRIBUTING COMPANY APRIL 30, 2004
- ------------------------- --------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ 885
Receivables, net 13,224
Inventories 4,531
Assets held for sale --
Other current assets 695
---------
TOTAL CURRENT ASSETS 19,335
---------
Investments and notes receivable, net --
Investment in direct financing leases --
---------
Net property and equipment 1,579
---------
Other assets 1,306
---------
TOTAL ASSETS $ 22,221
=========
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ 4,267
Liabilities held for sale --
Other current liabilities --
---------
TOTAL CURRENT LIABILITIES 4,267
---------
Long-term debt --
Long-term obligations under capital leases --
Other liabilities --
Liabilities subject to compromise 6,366
Net intercompany due to (from) 11,587
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 $ 22,221
=========
LIABILITIES SUBJECT TO COMPROMISE
Debt and notes payable $ --
Accounts payable 6,360
Damage estimates for closed and rejected leases --
Other liabilities 6
Pension obligation --
Taxes payable --
---------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 6,366
</Table>
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: 04/01/04 - 04/30/04
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
<Table>
<Caption>
AS OF
MINTER-WEISMAN CO. APRIL 30, 2004
- ------------------ --------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ 536
Receivables, net 14,783
Inventories 11,313
Assets held for sale --
Other current assets 1,244
---------
TOTAL CURRENT ASSETS 27,877
---------
Investments and notes receivable, net --
Investment in direct financing leases --
---------
Net property and equipment 2,336
---------
Other assets 28
---------
TOTAL ASSETS $ 30,242
=========
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ 2,155
Liabilities held for sale --
Other current liabilities --
---------
TOTAL CURRENT LIABILITIES 2,155
---------
Long-term debt --
Long-term obligations under capital leases --
Other liabilities --
Liabilities subject to compromise 5,178
Net intercompany due to (from) 22,909
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 $ 30,242
=========
LIABILITIES SUBJECT TO COMPROMISE
Debt and notes payable $ --
Accounts payable 5,178
Damage estimates for closed and rejected leases --
Other liabilities --
Pension obligation --
Taxes payable --
---------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 5,178
</Table>
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: 04/01/04 - 04/30/04
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
<Table>
<Caption>
AS OF
PIGGLY WIGGLY COMPANY APRIL 30, 2004
- --------------------- --------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ --
Receivables, net 456
Inventories --
Assets held for sale --
Other current assets --
--------
TOTAL CURRENT ASSETS 456
--------
Investments and notes receivable, net --
Investment in direct financing leases --
--------
Net property and equipment --
--------
Other assets --
--------
TOTAL ASSETS $ 456
========
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ 149
Liabilities held for sale --
Other current liabilities --
--------
TOTAL CURRENT LIABILITIES 149
--------
Long-term debt --
Long-term obligations under capital leases --
Other liabilities --
Liabilities subject to compromise 320
Net intercompany due to (from) (14)
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 $ 456
========
LIABILITIES SUBJECT TO COMPROMISE
Debt and notes payable $ --
Accounts payable 319
Damage estimates for closed and rejected leases --
Other liabilities --
Pension obligation --
Taxes payable 1
--------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 320
</Table>
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: 04/01/04 - 04/30/04
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
<Table>
<Caption>
AS OF
PROGRESSIVE REALTY, INC. APRIL 30, 2004
- ------------------------ --------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ --
Receivables, net --
Inventories --
Assets held for sale --
Other current assets --
--------
TOTAL CURRENT ASSETS --
--------
Investments and notes receivable, net --
Investment in direct financing leases --
--------
Net property and equipment --
--------
Other assets --
--------
TOTAL ASSETS $ --
========
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ --
Liabilities held for sale --
Other current liabilities --
--------
TOTAL CURRENT LIABILITIES --
--------
Long-term debt --
Long-term obligations under capital leases --
Other liabilities --
Liabilities subject to compromise 9
Net intercompany due to (from) (9)
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
Damage estimates for closed and rejected leases --
Other liabilities --
Pension obligation --
Taxes payable --
--------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 9
</Table>
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: 04/01/04 - 04/30/04
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
<Table>
<Caption>
AS OF
RAINBOW FOOD GROUP, INC. APRIL 30, 2004
- ------------------------ --------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ --
Receivables, net 4,513
Inventories --
Assets held for sale --
Other current assets 9
--------
TOTAL CURRENT ASSETS 4,522
--------
Investments and notes receivable, net --
Investment in direct financing leases --
--------
Net property and equipment --
--------
Other assets 79
--------
TOTAL ASSETS $ 4,601
========
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ 298
Liabilities held for sale --
Other current liabilities --
--------
TOTAL CURRENT LIABILITIES 298
--------
Long-term debt --
Long-term obligations under capital leases --
Other liabilities --
Liabilities subject to compromise 19,793
Net intercompany due to (from) (15,490)
SHAREHOLDERS' EQUITY:
Common stock, $2.50 par value per share
Capital in excess of par value
Reinvested earnings (deficit)
Accumulated other comprehensive income: --
Additional minimum pension liability
Cumulative foreign currency translation adjustment
--------
TOTAL SHAREHOLDERS' EQUITY $ --
--------
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 4,601
========
LIABILITIES SUBJECT TO COMPROMISE
Debt and notes payable $ --
Accounts payable 19,793
Damage estimates for closed and rejected leases --
Other liabilities --
Pension obligation --
Taxes payable --
--------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 19,793
</Table>
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: 04/01/04 - 04/30/04
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
<Table>
<Caption>
AS OF
RETAIL INVESTMENTS, INC. APRIL 30, 2004
- ------------------------ --------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ --
Receivables, net --
Inventories --
Assets held for sale --
Other current assets --
--------
TOTAL CURRENT ASSETS --
--------
Investments and notes receivable, net --
Investment in direct financing leases --
--------
Net property and equipment --
--------
Other assets --
--------
TOTAL ASSETS $ --
========
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ --
Liabilities held for sale --
Other current liabilities --
--------
TOTAL CURRENT LIABILITIES --
--------
Long-term debt --
Long-term obligations under capital leases --
Other liabilities --
Liabilities subject to compromise --
Net intercompany due to (from) --
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 --
Damage estimates for closed and rejected leases --
Other liabilities --
Pension obligation --
Taxes payable --
--------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ --
</Table>
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: 04/01/04 - 04/30/04
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
<Table>
<Caption>
AS OF
RFS MARKETING SERVICES, INC. APRIL 30, 2004
- ---------------------------- --------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ --
Receivables, net --
Inventories --
Assets held for sale --
Other current assets --
--------
TOTAL CURRENT ASSETS --
--------
Investments and notes receivable, net --
Investment in direct financing leases --
--------
Net property and equipment --
--------
Other assets --
--------
TOTAL ASSETS $ --
========
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ --
Liabilities held for sale --
Other current liabilities --
--------
TOTAL CURRENT LIABILITIES --
--------
Long-term debt --
Long-term obligations under capital leases --
Other liabilities --
Liabilities subject to compromise --
Net intercompany due to (from) --
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 --
Damage estimates for closed and rejected leases --
Other liabilities --
Pension obligation --
Taxes payable --
--------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ --
</Table>
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: 04/01/04 - 04/30/04
BALANCE SHEET (UNAUDITED) [1]
(DOLLARS IN 000'S)
<Table>
<Caption>
AS OF
RICHMAR FOODS, INC. APRIL 30, 2004
- ------------------- --------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ --
Receivables, net 6,831
Inventories --
Assets held for sale --
Other current assets 753
--------
TOTAL CURRENT ASSETS 7,584
--------
Investments and notes receivable, net --
Investment in direct financing leases --
--------
Net property and equipment --
--------
Other assets --
--------
TOTAL ASSETS $ 7,584
========
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Accounts payable $ 149
Liabilities held for sale --
Other current liabilities 134
--------
TOTAL CURRENT LIABILITIES 283
--------
Long-term debt --
Long-term obligations under capital leases --
Other liabilities --
Liabilities subject to compromise 11,060
Net intercompany due to (from) (3,759)
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 $ 7,584
========
LIABILITIES SUBJECT TO COMPROMISE
Debt and notes payable $ --
Accounts payable 7,053
Damage estimates for closed and rejected leases --
Other liabilities 2,115
Pension obligation --
Taxes payable 1,892
--------
TOTAL LIABILITIES SUBJECT TO COMPROMISE $ 11,060
</Table>
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: 04/01/04 - 04/30/04
(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.
<Table>
<Caption>
BEGINNING AMOUNT ENDING
TAX WITHHELD OR AMOUNT TAX
FLEMING [9] LIABILITY ACCRUED PAID [9] LIABILITY
- ----------- --------- ----------- -------- ---------
FEDERAL
Payroll Taxes [1] $ -- $ -- $ -- $ --
Income [10] $ 152 -- $ (23) 129
-------- -------- -------- --------
TOTAL FEDERAL TAXES $ 152 $ -- $ (23) $ 129
-------- -------- -------- --------
STATE AND LOCAL
Payroll Taxes [1] $ -- $ -- $ -- $ --
Sales [2] $ -- -- -- --
Excise [2] $ 144 -- -- 144
Real & Personal Property [3] $ 2,441 -- -- 2,441
Cigarette & Tobacco [4] $ -- -- -- --
Franchise [2] $ 411 -- -- 411
-------- -------- -------- --------
Total State and Local $ 2,996 $ -- $ -- $ 2,996
-------- -------- -------- --------
TOTAL TAXES $ 3,148 $ -- $ (23) $ 3,125
-------- -------- -------- --------
</Table>
<Table>
<Caption>
BEGINNING AMOUNT ENDING
TAX WITHHELD OR AMOUNT TAX
CORE-MARK[9] LIABILITY ACCRUED PAID LIABILITY
- ------------ --------- ----------- -------- ---------
FEDERAL
Payroll Taxes [1] $ 304 $ 2,824 $ (2,781) $ 347
Income [10] $ 237 -- -- 237
-------- -------- -------- --------
TOTAL FEDERAL TAXES $ 541 $ 2,824 $ (2,781) $ 584
-------- -------- -------- --------
STATE AND LOCAL
Payroll Taxes [1] $ 3 $ 390 $ (417) $ (24)
Sales $ 17 35 (39) 14
Excise $ 414 253 (157) 510
Real & Personal Property [3] $ 782 113 (118) 777
Cigarette & Tobacco $ 34,152 80,081 (81,713) 32,520
Other: GST [5] $ 2,169 1,918 (2,068) 2,019
Other: Spokane & Portland
B&O Tax [6] $ 58 55 (58) 55
-------- -------- -------- --------
Total State and Local $ 37,595 $ 82,845 $(84,570) $ 35,870
-------- -------- -------- --------
TOTAL TAXES $ 38,136 $ 85,669 $(87,351) $ 36,454
-------- -------- -------- --------
</Table>
SUMMARY OF UNPAID POSTPETITION DEBTS
<Table>
<Caption>
FLEMING ACCOUNTS PAYABLE AGING (IN THOUSANDS) AMOUNT
- --------------------------------------------- ----------
Current $ --
0 - 30 days [7] 90,699
31 - 60 days --
61 - 90 days --
91+ days --
----------
Total Accounts Payable [8] $ 90,699
----------
</Table>
<Table>
<Caption>
CORE-MARK ACCOUNTS PAYABLE AGING (IN THOUSANDS) AMOUNT
- ----------------------------------------------- -----------
Current $ --
0 - 30 days [7] 116,145
31 - 60 days --
61 - 90 days --
91+ days --
----------
Total Accounts Payable [8] $ 116,145
----------
</Table>
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 previous months balance the net accrual increase or decrease in
the current month.
[3] Fleming's postpetition real and personal property tax amounts are
reviewed on an continuing basis and the Company anticipates additional
adjustments will be made in future periods. Additionally, Core-Mark's
real and 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] Amount Paid represents amounts paid, amounts received and other
adjustments during the period.
[10] The Federal Income Tax category includes balances and activity for both
Federal and State.
FORM MOR - 4
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: 04/01/04 - 04/30/04
(DOLLARS IN 000'S)
ACCOUNTS RECEIVABLE AGINGS
<Table>
<Caption>
FLEMING ACCOUNTS RECEIVABLE AGING [1] [2] AMOUNT
- ----------------------------------------- ---------
Not Due $ 2,865
Current 6,892
1 - 7 days old 738
8 - 14 days old 738
15 - 21 days old 738
+ Over 21 days 301,928
Credits Over 21 days [5] --
---------
Total Accounts Receivable $ 313,899
Amount considered uncollectible (Bad Debt) [3] (78,760)
---------
Accounts Receivable (Net) $ 235,139
---------
</Table>
<Table>
<Caption>
CORE-MARK ACCOUNTS RECEIVABLE AGING [1] [4] AMOUNT
- ------------------------------------------- ---------
Current $ 170,770
1 - 30 days old 15,108
31 - 45 days old 433
40 - 60 days old 408
61 - 90 days old 516
91 - 120 days old 104
+ Over 120 days 3,970
---------
Total Accounts Receivable $ 191,309
Amount considered uncollectible (Bad Debt) [3] (5,377)
---------
Accounts Receivable (Net) $ 185,932
---------
</Table>
DEBTOR QUESTIONNAIRE
<Table>
<Caption>
MUST BE COMPLETED EACH MONTH YES NO
- ---------------------------- --- --
1. Have any assets been sold or transferred outside the normal
course of business this reporting period? X
If yes, provide an explanation below.
2. Have any funds been disbursed from any account other than a
debtor in possession account this reporting period? X
If yes, provide an explanation below.
3. Have all postpetition tax returns been timely filed? If no,
provide an explanation below. X
4. Are workers compensation, general liability and other necessary
insurance coverages in effect? X
If no, provide an explanation below.
</Table>
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. Four of the seven
divisions were closed in 2003. In cases where the aging of detail
accounts receivable amounts are not available, the amount is allocated
to the aging brackets.
[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 the end of the current month.
[4] 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.
[5] 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: 04/01/04 - 04/30/04
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).
<Table>
Ernst & Young LLP 2121 San Jacinto Street, Suite 1500 Dallas Office
Dallas TX 75201 Phone (214) 969-8000
Facsimile (214) 969-9770
</Table>
FLEMING COMPANIES, INC. ET AL.
CASE NOS. 03-01944 - 03-10973 (MFW JOINTLY ADMINISTERED)
REPORTING PERIOD: APRIL 1, 2004 TO APRIL 30, 2004
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"):
o 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;
o 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;
o Provide certain property tax returns prepared by third party
consultants to management of the Debtor for filing;
o Prepare certain property tax returns and provide them to
management of the Debtor for filing; and
o Update a tax filing calendar for certain income, franchise,
sales and use, cigarette, tobacco, and other miscellaneous
taxes, and business license filings and provide it to Debtor's
management for review and approval.
The Debtor's management is responsible for establishing and maintaining its tax
system and procedures.
During the reporting period, all returns were timely filed with the appropriate
jurisdictions.
To the best of my knowledge, E&Y has completed the above mentioned activities
related to the tax returns covered by the engagement letter which are required
to be prepared or filed by the Fleming Companies, Inc. and its affiliates during
the reporting period referenced above.
June 8, 2004 /s/ LISA S. VINES
- --------------------------- -------------------------------
Date Lisa Shield Vines, Partner