Exhibit 99.1 OFFICE OF THE UNITED STATES TRUSTEE In re: DEBTOR IN POSSESSION INTERIM STATEMENT OUTSOURCE INTERNATIONAL, INC. Statement Number: 3 Debtor. For the Period FROM: August 27, 2001 Chapter 11 Case No.: LA 01-28173-BB TO: September 30, 2001 Annexed hereto is Interim Statement Number 3 for the above-indicated chapter 11 debtor ("Debtor"). At the Initial Debtor Interview held by the Office of the United States Trustee ("OUST"), on June 27, 2001, Debtor apprised the OUST that its books and records are maintained on a consolidated basis with the other six affiliated debtor entities which comprise the related filing entities. Therefore, and by agreement made with the Office of the United States Trustee, amounts reflected on the annexed Interim Statement represent consolidated cash receipts and disbursements for all of the bank accounts of the Debtor and its chapter 11 debtor affiliates ("Debtors"). Additionally, due to the sheer volume of the Debtor's check registers (approximately 2,000 pages), and in the interest of environmental economy, the check registers will be submitted electronically under separate cover. Debtors further advise that the disbursement amounts reflected on the annexed Interim Statement reflect only the checks issued by the Debtors, which cleared the banks during the reporting period, whereas the check registers reflect all checks issued by the Debtors during the reporting period. Outstanding checks represent the difference between the check registers and the disbursement totals reflected in the Interim Statement. OFFICE OF THE UNITED STATES TRUSTEE In re OUTSOURCE INTERNATIONAL, INC DEBTOR IN POSSESSION INTERIM STATEMENT Statement No. 3 Chapter 11 Case No. LA 01-28173 BB For the Period FROM: 8/27/01 TO: 9/30/01 <Table> <Caption> CASH ACTIVITY ANALYSIS (Cash Basis Only) A. Total Receipts per all Prior Interim Statements $44,501,613 B. Less Total Disbursements per all Prior Statements $43,020,979 ----------- C. Beginning Balance (A less B) $ 1,480,634 D. Receipts during Current Period Opening Cash Balance Per Bank $ 100 Plus: Available LockBox Receipts $21,297,796 Plus: Non A/R Cash Receipts $ -- ----------- E. Total Cash Available $22,778,529 ----------- F. Cash Disbursements/(Voids) Advertising (newspaper recruiting) $ 33,978 Auto Maintenance $ -- Bank Fees $ 13,087 Benefits (Insurance) $ 84,504 Board of Directors $ -- Business License $ 2,842 Capital Expense $ 17,457 Capital Leases $ 185,849 CIT -- Adequate Protection Payment $ 320,226 Core Payroll $ 1,837,439 CitiBank Credit Card Payment $ -- CSF Payroll & Payroll Tax $ 621,231 Deposits -- Various Vendors $ -- Dues/Subscriptions $ 1,695 Education $ 2,219 Equipment $ -- Expense Reports $ 178,611 Flex Spending Acct. $ 3,766 FTB ACH Account $ (36,992) Garnishments $ 59,919 Insurance $ -- IT $ 15,811 Cash Collateral for Letter of Credit $ -- Labor Supplies $ 23,586 Maintenance $ 22,475 Misc Vendor Prepaid $ 12,542 Misc Expenses $ 53,136 Mortgage $ 11,483 Office Supplies COD $ 71,062 Operating Leases $ 189,260 Outside Labor $ -- Payroll Taxes $ -- Postage $ 22,150 Prof. Fees $ 249,064 Recruiting $ -- Refund $ -- Rent Deposit $ -- Rent $ 252,483 Taxes (NonPayroll) $ 12,768 Service Payroll (Including Taxes) $16,329,195 Telephone $ 200,864 Third Party Billing (Staffing) $ -- Transportation $ 116,557 Travel Advance $ 1,500 Unemployment Taxes $ -- Utilities $ 23,769 Utility Deposits $ -- Workmans Comp $ 709,075 ----------- Total Disbursements $21,642,609 ----------- Closing Available Balance $ 1,135,920 Outstanding A/P Checks $ 256,770 ----------- Ending Bank Balance $ 1,392,690 Unavailable LockBox Receipts $ 778,186 ----------- Total Cash $ 2,170,876 =========== </Table> I, Carolyn Noonan, authorized signatory, declare under penalty of perjury that the information contained in the above Debtor in Possession Interim Statement is True and complete to the best of my knowledge. Dated: 10-16-01 /s/ Carolyn H. Noonan ----------------------- ----------------------------------- Debtor in Possession OUTSOURCE INTERNATIONAL CASH COLLECTIONS / DISBURSEMENTS SUMMARY LA 01- LA 01- LA 01- Post Petition 28173 BB 28179 BB 28191 BB 8/27 - 9/30 OUT- OUT- LA 01- OUTSOURCE LA 01- LA 01- LA 01- SOURCE SOURCE 28185 BB INTER- 28197 BB 28201 BB 28160 BB INTERNA- FRAN- CAPITAL NATIONAL GUARDIAN GUARDIAN SYNADYNE TIONAL, CHISING, STAFFING OF AMERICA, EMPLOYER EMPLOYER III INC. INC. INC. FUND, INC. INC. WEST, LLC EAST, LLC ----------- --------- -------- --------- --------- ----------- --------- --------- CASH COLLECTIONS ---------------- Opening Cash Balance Per Bank 2,017,874 433,373 -- 32,246 2,018 369,454 871,178 309,605 Less: Outstanding A/P Checks (537,141) (139,657) -- (4,834) (537) (82,183) (225,599) (84,331) ----------- --------- ------ -------- ------- ---------- --------- --------- ADJUSTED OPENING CASH BALANCE 1,480,734 293,717 -- 27,411 1,481 287,272 645,579 225,274 ----------- --------- ------ -------- ------- ---------- --------- --------- Plus: Available Lockbox Receipts Chicago Los Angeles Atlanta TOTAL AVAILABLE LOCKBOX RECEIPTS 21,297,796 5,814,298 -- 85,191 21,298 2,981,691 8,945,074 3,450,243 PLUS: NON A/R CASH RECEIPTS -- -- -- -- -- -- -- -- ---------- --------- ------ -------- ------- ---------- --------- --------- TOTAL CASH AVAILABLE 22,778,529 6,108,015 -- 112,603 22,779 3,268,963 9,590,653 3,675,517 CASH DISBURSEMENTS/(VOIDS) Advertising (newspaper recruiting) 33,978 9,276 -- 136 34 4,757 14,271 5,504 Auto Maintenance -- -- -- -- -- -- -- -- Bank Fees 13,087 3,573 -- 52 13 1,832 5,497 2,120 Benefits (insurance) 84,504 23,070 -- 338 85 11,831 35,492 13,690 Board of Directors -- -- -- -- -- -- -- -- Business License 2,842 776 -- 11 3 398 1,194 460 Capital Expense 17,457 4,766 -- 70 17 2,444 7,332 2,828 Capital Leases 185,849 50,737 -- 743 186 26,019 78,056 30,107 CIT - Adequate Protection Payment 320,226 87,422 -- 1,281 320 44,832 134,495 51,877 Core Payroll 1,837,439 501,621 -- 7,350 1,837 257,241 771,724 297,665 CitiBank Credit Card Payment -- -- -- -- -- -- -- -- CSF Payroll & Payroll Tax 621,231 169,596 -- 2,485 621 86,972 260,917 100,639 Deposits - Various Vendors -- -- -- -- -- -- -- -- Dues/ Subscriptions 1,695 463 -- 7 2 237 712 275 Education 2,219 606 -- 9 2 311 932 359 Equipment -- -- -- -- -- -- -- -- Expense Reports 178,611 48,761 -- 714 179 25,005 75,016 28,935 Flex Spending Acct 3,766 1,028 -- 15 4 527 1,582 610 FTB ACH Account (36,992) (10,099) -- (148) (37) (5,179) (15,537) (5,993) Garnishments 59,919 16,358 -- 240 60 8,389 25,166 9,707 Insurance -- -- -- -- -- -- -- -- IT 15,811 4,316 -- 63 16 2,214 6,641 2,561 Cash Collateral for Letter of Credit -- -- -- -- -- -- -- -- Labor Supplies 23,586 6,439 -- 94 24 3,302 9,906 3,821 Maintenance 22,475 6,136 -- 90 22 3,146 9,439 3,641 Misc Vendor Prepaid 12,542 3,424 -- 50 13 1,756 5,268 2,032 Misc Expenses 53,136 14,506 -- 213 53 7,439 22,317 8,608 Mortgage 11,483 3,135 -- 46 11 1,608 4,823 1,860 Office Supplies COD 71,062 19,400 -- 284 71 9,949 29,846 11,512 Operating Leases 189,260 51,668 -- 757 189 26,496 79,489 30,660 Outside Labor -- -- -- -- -- -- -- -- Payroll Taxes -- -- -- -- -- -- -- -- Postage 22,150 6,047 -- 89 22 3,101 9,303 3,588 Prof. Fees 249,064 67,995 -- 996 249 34,869 104,607 40,348 Recruiting -- -- -- -- -- -- -- -- Refund -- -- -- -- -- -- -- -- Rent Deposit -- -- -- -- -- -- -- -- Rent 252,483 68,928 -- 1,010 252 35,348 106,043 40,902 Taxes (NonPayroll) 12,768 3,486 -- 51 13 1,788 5,363 2,068 Service Payroll (Including Taxes) 16,329,195 4,457,870 -- 65,317 16,329 2,286,087 6,858,262 2,645,330 Telephone 200,864 54,836 -- 803 201 28,121 84,363 32,540 Third Party Billing (Staffing) -- -- -- -- -- -- -- -- Transportation 116,557 31,820 -- 466 117 16,318 48,954 18,882 Travel Advance 1,500 410 -- 6 2 210 630 243 Unemployment Taxes -- -- -- -- -- -- -- -- Utilities 23,769 6,489 -- 95 24 3,328 9,983 3,851 Utility Deposits -- -- -- -- -- -- -- -- Workmans Comp 709,075 193,578 -- 2,836 709 99,271 297,812 114,870 ----------- --------- ------ -------- ------- ---------- --------- --------- TOTAL DISBURSEMENTS 21,642,609 5,908,432 -- 86,570 21,643 3,029,965 9,089,896 3,506,103 ----------- --------- ------ -------- ------- ---------- --------- --------- CLOSING AVAILABLE BALANCE 1,135,920 199,583 -- 26,032 1,136 238,998 500,758 169,414 OUTSTANDING A/P CHECKS 256,770 70,098 -- 1,027 257 35,948 107,843 41,597 ----------- --------- ------ -------- ------- ---------- --------- --------- ENDING BANK BALANCE 1,392,690 269,681 -- 27,059 1,393 274,946 608,601 211,011 UNAVAILABLE LOCKBOX RECEIPTS 778,186 212,445 -- 3,113 778 108,946 326,838 126,066 ----------- --------- ------ -------- ------- ---------- --------- --------- TOTAL CASH 2,170,876 482,126 -- 30,172 2,171 383,892 935,439 337,077 =========== ========= ====== ======== ======= ========== ========= ========= OFFICE OF THE UNITED STATES TRUSTEE IN RE OUTSOURCE INTERNATIONAL, INC DEBTOR IN POSSESSION INTERIM STATEMENT STATEMENT NO. 3 FROM: 8/27/2001 PAGE 1 OF 5 CHAPTER 11 CASE NO. LA 01-28173-BB TO: 9/30/2001 (NEW) (NEW) Medical Insurance H(a) Funding Accounts Payable Concentration H(a) Bank of America Bank of America Bank of America H(a) 1233436147 1233736075 1233820507 H(a) Concord, CA Concord, CA Concord, CA ----------------- ---------------- --------------- CASH ACTIVITY ANALYSIS (CASH BASIS ONLY) A. Opening Cash Balance Per Bank 06/12/2001 $ -- $ -- $ 8,145 A.1 Plus Total Receipts per all Prior Interim Statements $ -- $ -- $ -- B. Less Total Disbursements per all Prior Statements $ (51,000) $ -- -- B.1 Plus/(Minus) Transfer (to)/from interbank account (net) All prior Statements $ 51,000 -- $ (8,145) ------------ ------------ ------------ C. Beginning Balance per Schedule B.2 $ -- $ -- $ -- (Attach Separate Listing if Necessary) See Attached Consolidated Statements 1 & 2 D. TOTAL RECEIPTS THIS PERIOD $ -- $ -- $ -- ------------ ------------ ------------ E. Balance Available (C.2 plus D) $ -- $ -- $ -- F. Less: Disbursements during Current Period $ (28,457) $ -- $ -- (Attach Separate Listing if Necessary) Cash Disbursements detail in excess of 2,000 pages, available on enclosed CD. ------------ ------------ ------------ F.1 Net position (E minus F) $ (28,457) $ -- $ -- F.2 Other Transactions: Plus/(Minus) Transfer (to)/from interbank account (net) $ 51,000 $ -- -- ------------ ------------ ------------ G. Ending Balance $ 22,542.84 $ -- $ -- ------------ ------------ ------------ (NEW) Payroll Payroll Core/Operating LockBox Bank of America Bank of America Bank of America Bank of America LA 1233633997 1233833996 1233136172 1233334412 Concord, CA Concord, CA Concord, CA Concord, CA --------------- --------------- --------------- ------------------ CASH ACTIVITY ANALYSIS (CASH BASIS ONLY) A. Opening Cash Balance Per Bank 06/12/2001 $ -- $ 873,395 $ -- $ 439,649 A.1 Plus Total Receipts per all Prior Interim Statements $ -- $ 7,468 $ -- $ 11,817,256 B. Less Total Disbursements per all Prior Statements $ (81,253) $ (7,177,779) $ -- $ (438,710) B.1 Plus/(Minus) Transfer (to)/from interbank account (net) All prior Statements $ 93,673 $ 6,688,510 $ 3,717 $ (11,610,468) ----------- --------------- ---------- -------------- C. Beginning Balance per Schedule B.2 $ 12,419 $ 391,593 $ 3,717 $ 207,727 (Attach Separate Listing if Necessary) See Attached Consolidated Statements 1 & 2 D. TOTAL RECEIPTS THIS PERIOD $ 1,356 $ -- $ -- $ 6,366,030 ----------- --------------- ---------- -------------- E. Balance Available (C.2 plus D) $ 13,775 $ 391,593 $ 3,717 $ 6,573,758 F. Less: Disbursements during Current Period $ (152,518) $ (4,169,199) $ (819) $ (7,931) (Attach Separate Listing if Necessary) Cash Disbursements detail in excess of 2,000 pages, available on enclosed CD. ----------- --------------- ---------- -------------- F.1 Net position (E minus F) $ (138,743) $ (3,777,606) $ 2,898 $ 6,565,827 F.2 Other Transactions: Plus/(Minus) Transfer (to)/from interbank account (net) $ 195,955 $ 4,029,731 $ 5,648 $ (6,296,656) ----------- --------------- ---------- -------------- G. Ending Balance $ 57,212.31 $ 252,124.76 $ 8,546.43 $ 269,170.54 ----------- --------------- ---------- -------------- I. Other monies on hand - $10,000.00 in safe at corporate office for disaster/hurricane preparedness. I, Carolyn Noonan, authorized signatory, declare under penalty of perjury that the information contained in the above Debtor In Possession Interim Statement is True and complete to the best of my knowledge. /s/ Carolyn H. Noonan Dated 10-16-01 ---------------------- ------------------------ DEBTOR IN POSSESSION OFFICE OF THE UNITED STATES TRUSTEE IN RE OUTSOURCE INTERNATIONAL, INC DEBTOR IN POSSESSION INTERIM STATEMENT STATEMENT NO. 3 FROM: 8/27/2001 PAGE 2 OF 5 CHAPTER 11 CASE NO. LA 01-28173-BB TO: 9/30/2001 H(a) LockBox Operating Operating H(a) Bank of LockBox Account Account H(a) America CH Bank of America Citizens Bank Citizens Bank H(a) 8188312934 3751598703 3303116816 3300167983 H(a) Concord, CA Concord, CA Manchester, NH Manchester, NH --------------- --------------- --------------- -------------- CASH ACTIVITY ANALYSIS (CASH BASIS ONLY) A. Opening Cash Balance Per Bank 06/12/2001 $ 578,151 $ 406,542 $ 100 $ 19,635 A.1 Plus Total Receipts per all Prior Interim Statements $ 19,547,567 $ 12,627,160 $ 2,966,471 $ -- B. Less Total Disbursements per all Prior Statements $ (596,827) $ (1,710,643) $ (6,623,793) $ (3,259) B.1 Plus/(Minus) Transfer (to)/from interbank account (net) All prior Statements $(18,937,545) $ (11,101,947) $ 5,675,095 $ (16,376) ------------ --------------- ------------- -------------- C. Beginning Balance per Schedule B.2 $ 591,347 $ 221,112 $ 2,017,874 $ -- (Attach Separate Listing if Necessary) See Attached Consolidated Statements 1 & 2 D. TOTAL RECEIPTS THIS PERIOD $ 8,525,550 $ 6,172,146 $ -- $ -- ------------ --------------- ------------- -------------- E. Balance Available (C.2 plus D) $ 9,116,896 $ 6,393,258 $ 2,017,874 $ -- F. Less: Disbursements during Current Period $ -- $ -- $ (1,298,113) $ -- (Attach Separate Listing if Necessary) Cash Disbursements detail in excess of 2,000 pages, available on enclosed CD. ------------ --------------- ------------- -------------- F.1 Net position (E minus F) $ 9,116,896 $ 6,393,258 $ 719,760 $ -- F.2 Other Transactions: Plus/(Minus) Transfer (to)/from interbank account (net) $ (8,711,863) $ (6,289,276) $ 672,930 $ -- ------------ --------------- ------------- -------------- G. Ending Balance $ 405,033.47 $ 103,981.75 $1,392,690.30 $ -- ------------ --------------- ------------- -------------- Accounts Accounts Accounts Payable Payable Payable Concentration Citizens Bank Citizans Bank Citizens Bank First Star Bank 3399000024 3303116832 3399000148 823213004 Manchester, NH Manchester, NH Manchester, NH Cincinnati, OH --------------- --------------- --------------- ------------------ CASH ACTIVITY ANALYSIS (CASH BASIS ONLY) A. Opening Cash Balance Per Bank 06/12/2001 $ -- $ 100 $ -- $ 970,445 A.1 Plus Total Receipts per all Prior Interim Statements $ -- $ -- $ -- $ -- B. Less Total Disbursements per all Prior Statements $ (1,606) $ (629,571) $(3,074,725) $ -- B.1 Plus/(Minus) Transfer (to)/from interbank account (net) All prior Statements $ 1,606 $ 629,471 $ 3,074,725 $ (406,092) ----------- --------------- ----------- -------------- C. Beginning Balance per Schedule B.2 $ -- $ -- $ -- $ 564,354 (Attach Separate Listing if Necessary) See Attached Consolidated Statements 1 & 2 D. TOTAL RECEIPTS THIS PERIOD $ -- $ -- $ -- $ -- ----------- --------------- ----------- -------------- E. Balance Available (C.2 plus D) $ -- $ -- $ -- $ 564,354 F. Less: Disbursements during Current Period $ -- $ (273) $(2,105,653) $ -- (Attach Separate Listing if Necessary) Cash Disbursements detail in excess of 2,000 pages, available on enclosed CD. ----------- --------------- ----------- -------------- F.1 Net position (E minus F) $ -- $ (273) $(2,105,653 $ 564,354 F.2 Other Transactions: Plus/(Minus) Transfer (to)/from interbank account (net) $ -- 273 $ 2,105,653 $ (404,007) ----------- --------------- ----------- -------------- G. Ending Balance $ -- $ -- $ -- $ 160,346.73 ----------- --------------- ----------- -------------- I. Other monies on hand - $10,000.00 in safe at corporate office for disaster/hurricane preparedness. OFFICE OF THE UNITED STATES TRUSTEE IN RE OUTSOURCE INTERNATIONAL, INC DEBTOR IN POSSESSION INTERIM STATEMENT STATEMENT NO. 3 FROM: 8/27/2001 PAGE 3 OF 5 CHAPTER 11 CASE NO. LA 01-28173-BB TO: 9/30/2001 Concentration Payroll H(a) Payroll First Tennessee First Tennessee H(a) First Star Bank Bank Bank H(a) 823213012 100080412 100196519 H(a) Cincinnati, OH Memphis, TN Memphis, TN ----------------- ---------------- --------------- CASH ACTIVITY ANALYSIS (CASH BASIS ONLY) A. Opening Cash Balance Per Bank 06/12/2001 $ -- $ 113,699 $ -- A.1 Plus Total Receipts per all Prior Interim Statements $ -- $ -- $ -- B. Less Total Disbursements per all Prior Statements $(11,515,299) $ (1,684) $ (1,376,046) B.1 Plus/(Minus) Transfer (to)/from interbank account (net) All prior Statements $ 11,515,299 $ 7,471 $ 1,376,046 ------------ ------------ ------------ C. Beginning Balance per Schedule B.2 $ -- $ 119,487 $ -- (Attach Separate Listing if Necessary) See Attached Consolidated Statements 1 & 2 D. TOTAL RECEIPTS THIS PERIOD $ -- $ -- $ -- ------------ ------------ ------------ E. Balance Available (C.2 plus D) $ -- $ 119,487 $ -- F. Less: Disbursements during Current Period $ (5,920,441) $ (1,331) $ (709,602) (Attach Separate Listing if Necessary) Cash Disbursements detail in excess of 2,000 pages, available on enclosed CD. ------------ ------------ ------------ F.1 Net position (E minus F) $ (5,920,441) $ 118,156 $ (709,602) F.2 Other Transactions: Plus/(Minus) Transfer (to)/from interbank account (net) $ 5,920,441 $ (57,384) $ 709,602 ------------ ------------ ------------ G. Ending Balance $ -- $ 60,771.94 $ -- ------------ ------------ ------------ Payroll ACH Payroll Concentration Payroll First First First Union First Union Tennessee Tennessee National Bank National Bank Bank Bank 2080000373357 2079940007435 100380734 101829397 Deerfield Beach, Deerfield Beach, Memphis, TN Memphis, TN FL FL --------------- --------------- --------------- ------------------ CASH ACTIVITY ANALYSIS (CASH BASIS ONLY) A. Opening Cash Balance Per Bank 06/12/2001 $ 894 $ -- $ 411,098 $ -- A.1 Plus Total Receipts per all Prior Interim Statements $ -- $ -- $ -- $ -- B. Less Total Disbursements per all Prior Statements $ (16) $ (591,699) $ (52,464) $ (3,770,652) B.1 Plus/(Minus) Transfer (to)/from interbank account (net) All prior Statements $ (878) $ 650,000 $ (131,356) $ 3,770,652 ----------- --------------- ----------- -------------- C. Beginning Balance per Schedule B.2 $ -- $ 58,301 $ 227,277 $ -- (Attach Separate Listing if Necessary) See Attached Consolidated Statements 1 & 2 D. TOTAL RECEIPTS THIS PERIOD $ -- $ -- $ -- $ -- ----------- --------------- ----------- -------------- E. Balance Available (C.2 plus D) $ -- $ 58,301 $ 227,277 $ -- F. Less: Disbursements during Current Period $ -- $ (1,717,811) $ (9,952) $ (1,705,674) (Attach Separate Listing if Necessary) Cash Disbursements detail in excess of 2,000 pages, available on enclosed CD. ----------- --------------- ----------- -------------- F.1 Net position (E minus F) $ -- $ (1,659,510) $ 217,326 $ (1,705,674) F.2 Other Transactions: Plus/(Minus) Transfer (to)/from interbank account (net) $ -- 1,677,437 $ (40,744) $ 1,705,674 ----------- --------------- ----------- -------------- G. Ending Balance $ -- $ 17,926.66 $176,582.01 $ -- ----------- --------------- ----------- -------------- I. Other monies on hand - $10,000.00 in safe at corporate office for disaster/hurricane preparedness. OFFICE OF THE UNITED STATES TRUSTEE IN RE OUTSOURCE INTERNATIONAL, INC DEBTOR IN POSSESSION INTERIM STATEMENT STATEMENT NO. 3 FROM: 8/27/2001 PAGE 4 OF 5 CHAPTER 11 CASE NO. LA 01-28173-BB TO: 9/30/2001 H(a) Payroll H(a) First Union Concentration Payroll H(a) National Bank Michigan Michigan H(a) 207009940011586 National Bank National Bank H(a) Deerfield Beach, 5961844940 2770710164 H(a) FL Livonia, MI Livonia, MI ----------------- ---------------- --------------- CASH ACTIVITY ANALYSIS (CASH BASIS ONLY) A. Opening Cash Balance Per Bank 06/12/2001 $ -- $ 66,832 $ 1 A.1 Plus Total Receipts per all Prior Interim Statements $ -- $ 764 $ -- B. Less Total Disbursements per all Prior Statements $ (1,587,660) $ (5,578) $ (833,593) B.1 Plus/(Minus) Transfer (to)/from interbank account (net) All prior Statements $ 1,587,660 $ 56,632 $ 833,593 ------------ ------------ ------------ C. Beginning Balance per Schedule B.2 $ -- $ 118,650 $ 1 (Attach Separate Listing if Necessary) See Attached Consolidated Statements 1 & 2 D. TOTAL RECEIPTS THIS PERIOD $ -- $ -- $ -- ------------ ------------ ------------ E. Balance Available (C.2 plus D) $ -- $ 118,650 $ 1 F. Less: Disbursements during Current Period $ (635,441) $ -- $ (556,259) (Attach Separate Listing if Necessary) Cash Disbursements detail in excess of 2,000 pages, available on enclosed CD. ------------ ------------ ------------ F.1 Net position (E minus F) $ (635,441) $ (118,650) $ (556,258) F.2 Other Transactions: Plus/(Minus) Transfer (to)/from interbank account (net) $ 635,441 (55,099) $ 556,259 ------------ ------------ ------------ G. Ending Balance $ -- $ 63,550.98 $ 1.00 ------------ ------------ ------------ Payroll Payroll Taxes Concentration Payroll Michigan Michigan Norwest Bank Norwest Bank National Bank National Bank 5058061791 8012703781 2770710420 6856302242 Colorado Colorado Livonia, MI Livonia, MI Springs, CO Springs, CO --------------- ---------------- --------------- ------------------ CASH ACTIVITY ANALYSIS (CASH BASIS ONLY) A. Opening Cash Balance Per Bank 06/12/2001 $ 1 $ 697,525 $ 154,709 $ -- A.1 Plus Total Receipts per all Prior Interim Statements $ -- $ -- $ -- $ -- B. Less Total Disbursements per all Prior Statements $ (2,495) $ (5,461,244) $ (11,248) $ (245,920) B.1 Plus/(Minus) Transfer (to)/from interbank account (net) All prior Statements $ 2,494 $ 4,860,876 $ (50,180) $ 245,920 ----------- --------------- ---------- -------------- C. Beginning Balance per Schedule B.2 $ -- $ 97,157 $ 93,280 $ -- (Attach Separate Listing if Necessary) See Attached Consolidated Statements 1 & 2 D. TOTAL RECEIPTS THIS PERIOD $ -- $ -- $ -- $ -- ----------- --------------- ---------- -------------- E. Balance Available (C.2 plus D) $ -- $ 97,157 $ 93,280 $ -- F. Less: Disbursements during Current Period $ -- $ (3,130,888) $ (3,703) $ (91,340) (Attach Separate Listing if Necessary) Cash Disbursements detail in excess of 2,000 pages, available on enclosed CD. ----------- --------------- ---------- -------------- F.1 Net position (E minus F) $ -- $ (3,033,731) $ 89,578 $ (91,340) F.2 Other Transactions: Plus/(Minus) Transfer (to)/from interbank account (net) $ -- $ 3,045,000 $ (30,883) $ 91,340 ----------- --------------- ---------- -------------- G. Ending Balance $ -- $ 11,269.28 $58,694.94 $ -- ----------- --------------- ---------- -------------- I. Other monies on hand - $10,000.00 in safe at corporate office for disaster/hurricane preparedness. OFFICE OF THE UNITED STATES TRUSTEE IN RE OUTSOURCE INTERNATIONAL, INC DEBTOR IN POSSESSION INTERIM STATEMENT STATEMENT NO. 3 FROM: 8/27/2001 PAGE 5 OF 5 CHAPTER 11 CASE NO. LA 01-28173-BB TO: 9/30/2001 H(a) Payroll Totals H(a) Norwest Bank H(a) 8012703799 H(a) Colorado Springs, CO -------------------- --------------- CASH ACTIVITY ANALYSIS (CASH BASIS ONLY) A. Opening Cash Balance Per Bank 06/12/2001 $ -- $ 4,740.921 A.1 Plus Total Receipts per all Prior Interim Statements $ -- $ 46,966,687 B. Less Total Disbursements per all Prior Statements $ (1,138,549) $ (46,983,311) B.1 Plus/(Minus) Transfer (to)/from interbank account (net) All prior Statements $ 1,138,549 $ 0 --------------- --------------- C. Beginning Balance per Schedule B.2 $ -- $ 4,724,297 (Attach Separate Listing if Necessary) See Attached Consolidated Statements 1 & 2 D. TOTAL RECEIPTS THIS PERIOD $ -- $ 21,065,082 --------------- --------------- E. Balance Available (C.2 plus D) $ -- $ 25,789,379 F. Less: Disbursements during Current Period $ (483,529) $ (22,728,933) (Attach Separate Listing if Necessary) Cash Disbursements detail in excess of 2,000 pages, available on enclosed CD. --------------- --------------- F.1 Net position (E minus F) $ (483,529) $ 3,060,446 F.2 Other Transactions: Plus/(Minus) Transfer (to)/from interbank account (net) $ 483,529 $ (0) --------------- --------------- G. Ending Balance $ -- $ 3,060,445.94 --------------- --------------- I. Other monies on hand - $10,000.00 in safe at corporate office for disaster/hurricane preparedness. OFFICE OF THE UNITED STATES TRUSTEE ----------------------------------------------------------------------------------------------------------------------------------- IN RE: OUTSOURCE INTERNATIONAL, INC. DEBTOR IN POSSESSION OPERATING REPORT DEBTOR CONSOLIDATED 3 PAGE 1 OF 3 CHAPTER 11 CASE NO: LA 01-28173-BB FOR THE PERIOD FROM: 8/27/01 TO: 9/30/01 ----------------------------------------------------------------------------------------------------------------------------------- CONSOLIDATED 1. Profit and Loss Statement (Accrual Basis Only) A. Related to Business Operations: Gross Sales $ 22,776,394 Less: Sales Returns & Discounts (117,199) ------------ Net Sales $ 22,659,196 Less: Cost of Goods Sold: 18,060,859 ------------ Gross Profit $ 4,598,337 Other Operating Revenues -- Less: Operating Expenses -- Officer Compensation 80,215 Salaries and Wages--Other Employees 2,078,174 ------------ Total Salaries and Wages 2,158,389 Employee Benefits and Pensions 151,110 Payroll Taxes 158,549 Real Estate Taxes 4,828 Federal and State Income Taxes 14,000 ------------ Total Taxes 177,378 Rent and Lease Exp. (Real Property and Personal Property) 268,068 Interest Expense (Mortgage, Loan, etc.) 206,748 Insurance 29,286 Automobile Expense 81,971 Utilities (Gas, Electric, Water, Telephone, etc.) 165,595 Depreciation and Amortization 446,222 Repairs and Maintenance 19,205 Advertising 14,724 Supplies, Office Expenses, Photocopies, etc. 130,396 Bad Debts 114,602 MISC OP EXP (T&E,RELO,REP,MEET,RECRUIT,BANK/COLLECT FEES,LIC/TAX) 288,334 ------------ Total Operating Expenses 1,765,150 ------------ Net Gain/Loss from Business Operations 346,311 B. Not Related to Business Operations: Income: Interest Income 12,638 Other Non-Operating Revenues Gross Proceeds on Sale of Assets Less: Original Cost of Assets plus Expenses of Sale Net Gain/Loss on Sale of Assets 1,610 ------------ Total Non-Operating Income 14,697 Expenses Not Related to Business Operations: ACCOUNTING & AUDITING FEES 15,000 LEGAL FEES 130,864 OTHER PROF./CONSULT FEES 306,640 Other Non-Operating Expenses (Specify) -- ------------ Total Non-Operating Expenses 452,504 ------------ NET INCOME/LOSS FOR PERIOD $ (91,496) ============ Page 2 of 3 DEBTOR IN POSSESSION OPERATING REPORT NO: 3 ---- 2. Aging of Accounts Payable and Accounts Receivable (Exclude pre-petition accounts payable): CONSOLIDATED: Accounts Payable Accounts Receivable ------------- ---------------- ------------------- Current Under 46 Days 401,275.47 20,684,056.12 Overdue 46 - 60 Days 39,116.59 1,956,241.02 Overdue 61 - 90 Days 308,101.77 672,858.02 Overdue: 91 - 150 Days 97,009.81 257,180.37 Overdue: 151 - 179 Days 0 55,644.20 Overdue: > = 180 Days 382.88 480,472.33 TOTAL 845,886.52 24,106,452.06 3. Statement of Status of Payments to Secured Creditors and Lessors: Frequency Post-Petition of Payments per Amount Next Payments Not Made* Creditor/ Contract/Lease of Each Payment ------------------------- Lessor (i.e. Mo., Qtr.) Payment Due Number Amount -------- ---------------- ------- ------- ------ ------ See Attached Rider 3 *Explanation for Non-Payment: In accordance with bankruptcy code section 365(D)(10), during the month of August, debtor began paying the amounts due under the personal property leases for August, although not all August payments were made during the August reporting period. For the September reporting periods, the debtor is current and intends to remain current going forward on personal property lease payments pending the decision to assume or reject the personal property leases. 4. Tax Liability: See attached Rider 4* Gross Payroll Expense for Period: $13,844,691.77 Gross Sales for Period Subject to Sales Tax: $151,142.17 Post-Petition Amount Paid* Taxes Still Date Paid (note 1) Owing ------------------ ------------- ------------- Federal Payroll and Withholding Taxes Various $2,095,722.99 $341,013.04 (note 2) State Payroll and Withholding Taxes (note 3) Various $ 167,684.51 $623,922.14 (note 2) State Sales and Use Taxes September 20, 2001 $ 11,120 $ 8,171.93 (note 2) Real Property Taxes N/A N/A N/A * Attach photocopies of depository receipts from taxing authorities or financial institutions to verify that such deposits or payments have been made. (note 1) Returns provided regularly to UST, payments generally via ACH. Payment includes amounts due in September from August and amounts due in September from September. (note 2) Payment is due in October. (note 3) Includes local taxes. 5. Insurance Coverage: Carrier/ Amount Policy Premium SEE ATTACHED RIDER 5 AT LA01-28173-BB Agent of Expiration Paid Through Name Coverage Date Date ------- -------- ---------- ------------ Worker's Compensation Liability Fire and Extended Coverage Property Theft Life (Beneficiary:_______________) Vehicle Other (Specify): Page 3 of 3 DEBTOR IN POSSESSION OPERATING REPORT NO: 3 ---- 6. Questions: A. Has the Debtor in Possession provided compensation to any officers, directors, shareholders or other principals without the approval of the Office of the United States Trustee? Yes Explain: ------ -------------------------------------------- X No ------ B. Has the Debtor in Possession, subsequent to the filing of the petition, made any payments on its pre-petition unsecured debt, except as have been authorized by the Court? Yes Explain: ------ --------------------------------------------- X No ------ 7. Statement of Unpaid Professional Fees (Post-Petition Amounts ONLY) CONSOLIDATED State Type of Total Post- Professional Petition Amount Name of Professional (Attorney/Accountant/etc.) Unpaid -------------------- -------------------------- --------------- KTBS Bankruptcy Counsel $0 Ackerman General Counsel $0 DeBellas Investment Advisor $0 Bankruptcy Management Corp Bankruptcy Consultant $50,000 estimate 8. Narrative Report of Significant Events and Events out of the Ordinary Course of Business (ATTACH SEPARATE SHEET IF NECESSARY) THE AUGUST REPORT FILED ON 9/14/2001 STATED THAT NASDAQ DELISTED THE DEBTOR COMPANY FROM TRADING ON THE OTC BULLETIN BOARD, AND THAT THE DEBTOR COMPANY WAS TRADING IN THE PINK SHEETS EFFECTIVE 8/29/2001. THE CORRECT DELISTING DATE IS 10/4/2001. 9. Quarterly Fees: (This Fee MUST be paid to the United States Trustee every calendar quarter) Quarterly Total Quarterly Period Disbursements Quarterly Date Amount Check Fee Still Ending for Quarter Fee Paid Paid No. Owing --------- ------------- --------- ---- ------ ----- --------- 9/30/2001 0 250 To be paid by 250 10/30/2001 I, Carolyn H. Noonan, the Vice President, Controller and Assistant Secretary of Outsource International, Inc., debtor in this chapter 11 case, declare under penalty of perjury that the information contained in the above Debtor in Possession Operating Report is true and complete to the best of my knowledge. Dated: OCTOBER 16, 2001 /s/ Carolyn H. Noonan ----------------------------------- Debtor in Possession or Trustee Rider 3 - Status of Payments to Secured Creditors and Lessors Outsource International, Inc. Case No. LA 01-28173BB ---------------------------------------------------------------------------------------------------------------- Frequency of Payments per Amount of Next Payment Post-Petition Creditor/Lessor Contract/Lease Each Payment Due Payments Not Made** ---------------------------------------------------------------------------------------------------------------- ABELCO DISCOUNT (7,228,652.00) 0 ABLECO TERM LOAN A quarterly 500,000.00 10/31/01 0 -- ABLECO TERM LOAN B balloon 8,549,980.58 08/15/03 0 -- ADVANTA BUSINESS SERVICES CORP. monthly 207.76 11/05/01 1 207.76 BANK ONE LEASING monthly 2,394.00 11/01/01 1 2,394.00 CIT REVOLVER daily 17,496,455.60 Variable Daily 0 -- CITICORP VENDOR FINANCE INC. monthly 560.74 10/29/01 1 560.74 COMERICA BANK monthly 1,021.66 10/24/01 3 3,064.98 COPYCO INC. monthly 461.42 10/13/01 1 461.42 COPYCO INC. monthly 421.16 10/17/01 1 421.16 DE LAGE LANDEN FINANCIAL SERVICES monthly 197.09 10/11/01 1 197.09 DE LAGE LANDEN FINANCIAL SERVICES monthly 133.33 10/11/01 1 133.33 FIDELITY LEASING INC. monthly 96.58 10/15/01 1 96.58 FIDELITY LEASING INC. monthly 96.58 10/14/01 1 96.58 FIDELITY LEASING INC. monthly 114.95 10/15/01 1 114.95 FLEET BUSINESS CREDIT CORPORATION monthly 60.76 11/01/01 1 60.76 FLEET BUSINESS CREDIT CORPORATION monthly 93.77 11/01/01 1 93.77 FLEET BUSINESS CREDIT CORPORATION monthly 57.79 11/01/01 1 57.79 FLEET BUSINESS CREDIT CORPORATION monthly 93.86 11/01/01 1 93.86 FLEET BUSINESS CREDIT CORPORATION monthly 57.79 11/01/01 1 57.79 FLEET BUSINESS CREDIT CORPORATION monthly 93.86 11/01/01 1 93.86 FLEET BUSINESS CREDIT CORPORATION monthly 93.86 11/01/01 1 93.86 FLEET BUSINESS CREDIT CORPORATION monthly 94.23 11/01/01 1 94.23 FLEET BUSINESS CREDIT CORPORATION monthly 94.42 11/01/01 1 94.42 FLEET BUSINESS CREDIT CORPORATION monthly 14.50 11/01/01 1 14.50 FLEET BUSINESS CREDIT CORPORATION monthly 11.46 11/01/01 1 11.46 FLEET BUSINESS CREDIT CORPORATION monthly 93.08 11/01/01 1 93.08 FLEET BUSINESS CREDIT CORPORATION monthly 70.04 11/01/01 1 70.04 FLEET BUSINESS CREDIT CORPORATION monthly 94.67 11/01/01 1 94.67 FLEET BUSINESS CREDIT CORPORATION monthly 76.81 11/01/01 1 76.81 FLEET BUSINESS CREDIT CORPORATION monthly 94.67 11/01/01 1 94.67 FLEET BUSINESS CREDIT CORPORATION monthly 94.67 11/01/01 1 94.67 FLEET BUSINESS CREDIT CORPORATION monthly 85.33 11/01/01 1 85.33 FLEET BUSINESS CREDIT CORPORATION monthly 70.54 11/01/01 1 70.54 FLEET BUSINESS CREDIT CORPORATION monthly 144.93 11/01/01 1 144.93 FLEET BUSINESS CREDIT CORPORATION monthly 153.74 11/01/01 1 153.74 FLEET BUSINESS CREDIT CORPORATION monthly 86.13 11/01/01 1 86.13 FLEET BUSINESS CREDIT CORPORATION monthly 94.66 11/01/01 1 94.66 FLEET BUSINESS CREDIT CORPORATION monthly 117.62 11/01/01 1 117.62 FLEET BUSINESS CREDIT CORPORATION monthly 96.70 11/01/01 1 96.70 FLEET BUSINESS CREDIT CORPORATION monthly 356.15 11/01/01 1 356.15 FLEET BUSINESS CREDIT CORPORATION monthly 356.15 11/01/01 1 356.15 FLEET BUSINESS CREDIT CORPORATION monthly 356.15 11/01/01 1 356.15 FLEET BUSINESS CREDIT CORPORATION monthly 70.54 11/01/01 1 70.54 FLEET BUSINESS CREDIT CORPORATION monthly 89.31 11/01/01 1 89.31 FLEET BUSINESS CREDIT CORPORATION monthly 62.12 11/01/01 1 62.12 FLEET BUSINESS CREDIT CORPORATION monthly 68.79 11/01/01 1 68.79 FLEET BUSINESS CREDIT CORPORATION monthly 68.79 11/01/01 1 68.79 FLEET BUSINESS CREDIT CORPORATION monthly 12.22 11/01/01 1 12.22 FLEET BUSINESS CREDIT CORPORATION monthly 107.28 11/01/01 1 107.28 FLEET BUSINESS CREDIT CORPORATION monthly 85.33 11/01/01 1 85.33 FLEET BUSINESS CREDIT CORPORATION monthly 94.67 11/01/01 1 94.67 FLEET BUSINESS CREDIT CORPORATION monthly 70.14 11/01/01 1 70.14 FLEET BUSINESS CREDIT CORPORATION monthly 181.63 11/01/01 1 181.63 FLEET BUSINESS CREDIT CORPORATION monthly 68.79 11/01/01 1 68.79 FLEET BUSINESS CREDIT CORPORATION monthly 94.67 11/01/01 1 94.67 FLEET BUSINESS CREDIT CORPORATION monthly 41.92 11/01/01 1 41.92 FLEET BUSINESS CREDIT CORPORATION monthly 76.17 11/01/01 1 76.17 FLEET BUSINESS CREDIT CORPORATION monthly 93.16 11/01/01 1 93.16 FLEET BUSINESS CREDIT CORPORATION monthly 105.80 11/01/01 1 105.80 FLEET BUSINESS CREDIT CORPORATION monthly 107.28 11/01/01 1 107.28 FLEET BUSINESS CREDIT CORPORATION monthly 93.16 11/01/01 1 93.16 FLEET BUSINESS CREDIT CORPORATION monthly 120.07 11/01/01 1 120.07 FLEET BUSINESS CREDIT CORPORATION monthly 109.09 11/01/01 1 109.09 FLEET BUSINESS CREDIT CORPORATION monthly 14.33 11/01/01 1 14.33 FLEET BUSINESS CREDIT CORPORATION monthly 212.83 11/01/01 1 212.83 FLEET BUSINESS CREDIT CORPORATION monthly 86.37 11/01/01 1 86.37 FLEET BUSINESS CREDIT CORPORATION monthly 86.57 11/01/01 1 86.57 FLEET BUSINESS CREDIT CORPORATION monthly 86.37 11/01/01 1 86.37 FLEET BUSINESS CREDIT CORPORATION monthly 86.37 11/01/01 1 86.37 FLEET BUSINESS CREDIT CORPORATION monthly 86.17 11/01/01 1 86.17 FLEET BUSINESS CREDIT CORPORATION monthly 82.91 11/01/01 1 82.91 FLEET BUSINESS CREDIT CORPORATION monthly 84.60 11/01/01 1 84.60 FLEET BUSINESS CREDIT CORPORATION monthly 84.60 11/01/01 1 84.60 FLEET BUSINESS CREDIT CORPORATION monthly 84.60 11/01/01 1 84.60 FLEET BUSINESS CREDIT CORPORATION monthly 57.74 11/01/01 1 57.74 FLEET BUSINESS CREDIT CORPORATION monthly 949.04 11/01/01 1 949.04 FLEET BUSINESS CREDIT CORPORATION monthly 429.15 11/01/01 1 429.15 FLEET BUSINESS CREDIT CORPORATION monthly 92.40 11/01/01 1 92.40 FLEET BUSINESS CREDIT CORPORATION monthly 175.45 11/01/01 1 175.45 FLEET BUSINESS CREDIT CORPORATION monthly 71.21 11/01/01 1 71.21 FLEET BUSINESS CREDIT CORPORATION monthly 70.21 11/01/01 1 70.21 FLEET BUSINESS CREDIT CORPORATION monthly 61.69 11/01/01 1 61.69 FLEET BUSINESS CREDIT CORPORATION monthly 109.24 11/01/01 1 109.24 FLEET BUSINESS CREDIT CORPORATION monthly 100.97 11/01/01 1 100.97 FLEET BUSINESS CREDIT CORPORATION monthly 70.54 11/01/01 1 70.54 FLEET BUSINESS CREDIT CORPORATION monthly 35.27 11/01/01 1 35.27 FLEET BUSINESS CREDIT CORPORATION monthly 101.44 11/01/01 1 101.44 FLEET BUSINESS CREDIT CORPORATION monthly 50.72 11/01/01 1 50.72 FLEET BUSINESS CREDIT CORPORATION monthly 70.21 11/01/01 1 70.21 FLEET BUSINESS CREDIT CORPORATION monthly 70.48 11/01/01 1 70.48 FLEET BUSINESS CREDIT CORPORATION monthly 35.27 11/01/01 1 35.27 FLEET BUSINESS CREDIT CORPORATION monthly 101.44 11/01/01 1 101.44 FLEET BUSINESS CREDIT CORPORATION monthly 50.72 11/01/01 1 50.72 FLEET BUSINESS CREDIT CORPORATION monthly 70.21 11/01/01 1 70.21 FLEET BUSINESS CREDIT CORPORATION monthly 100.97 11/01/01 1 100.97 FLEET BUSINESS CREDIT CORPORATION monthly 100.97 11/01/01 1 100.97 FLEET BUSINESS CREDIT CORPORATION monthly 70.87 11/01/01 1 70.87 FLEET BUSINESS CREDIT CORPORATION monthly 96.23 11/01/01 1 96.23 FLEET BUSINESS CREDIT CORPORATION monthly 204.20 11/01/01 1 204.20 FLEET BUSINESS CREDIT CORPORATION monthly 96.23 11/01/01 1 96.23 FLEET BUSINESS CREDIT CORPORATION monthly 96.23 11/01/01 1 96.23 FLEET BUSINESS CREDIT CORPORATION monthly 96.67 11/01/01 1 96.67 FLEET BUSINESS CREDIT CORPORATION monthly 96.23 11/01/01 1 96.23 FLEET BUSINESS CREDIT CORPORATION monthly 49.34 11/01/01 1 49.34 FLEET BUSINESS CREDIT CORPORATION monthly 96.67 11/01/01 1 96.67 FLEET BUSINESS CREDIT CORPORATION monthly 103.10 11/01/01 1 103.10 FLEET BUSINESS CREDIT CORPORATION monthly 96.23 11/01/01 1 96.23 FLEET BUSINESS CREDIT CORPORATION monthly 96.23 11/01/01 1 96.23 FLEET BUSINESS CREDIT CORPORATION monthly 96.67 11/01/01 1 96.67 FLEET BUSINESS CREDIT CORPORATION monthly 71.63 11/01/01 1 71.63 FLEET BUSINESS CREDIT CORPORATION monthly 71.61 11/01/01 1 71.61 FLEET BUSINESS CREDIT CORPORATION monthly 71.61 11/01/01 1 71.61 FLEET BUSINESS CREDIT CORPORATION monthly 71.63 11/01/01 1 71.63 FLEET LEASING CORPORATION monthly 498.56 11/01/01 1 498.56 FLEET LEASING CORPORATION monthly 446.84 11/01/01 1 446.84 FLEET LONG TERM NOTE balloon 5,343,262.23 08/15/04 0 -- FORD MOTOR CREDIT monthly 488.72 10/06/01 1 488.72 FORD MOTOR CREDIT monthly 492.14 10/05/01 1 492.14 FORD MOTOR CREDIT monthly 506.38 11/02/01 1 506.38 FORD MOTOR CREDIT monthly 506.38 11/02/01 1 506.38 FORD MOTOR CREDIT monthly 506.38 11/02/01 1 506.38 GATX CAPITAL monthly 85.03 11/01/01 1 85.03 GATX CAPITAL monthly 45.39 11/01/01 1 45.39 GATX CAPITAL monthly 85.37 11/01/01 1 85.37 GATX CAPITAL monthly 85.46 11/01/01 1 85.46 GATX CAPITAL monthly 73.64 11/01/01 1 73.64 GATX CAPITAL monthly 81.07 11/01/01 1 81.07 GATX CAPITAL monthly 74.38 11/01/01 1 74.38 GATX CAPITAL monthly 3,179.66 11/01/01 1 3,179.66 GATX CAPITAL monthly 4,861.75 11/01/01 1 4,861.75 GATX CAPITAL monthly 136.37 11/01/01 1 136.37 GATX CAPITAL monthly 696.64 11/01/01 1 696.64 GATX CAPITAL monthly 85.48 11/01/01 1 85.48 GATX CAPITAL monthly 85.36 11/01/01 1 85.36 GATX CAPITAL monthly 78.98 11/01/01 1 78.98 GATX CAPITAL monthly 53,352.75 11/01/01 1 53,352.75 GE CAPITAL monthly 165.87 10/13/01 1 165.87 GE CAPITAL monthly 116.72 10/23/01 1 116.72 GE CAPITAL monthly 206.17 11/06/01 1 206.17 GE CAPITAL monthly 242.20 10/15/01 1 242.20 GE CAPITAL monthly 159.54 10/23/01 1 159.54 GE CAPITAL monthly 44.36 11/06/01 1 44.36 GE CAPITAL monthly 925.42 11/06/01 1 925.42 GE CAPITAL monthly 423.09 11/06/01 1 423.09 GE CAPITAL monthly 423.09 10/12/01 1 423.09 GE CAPITAL monthly 233.82 10/12/01 1 233.82 GE CAPITAL monthly 213.92 10/12/01 1 213.92 GE CAPITAL monthly 233.82 10/12/01 1 233.82 GE CAPITAL monthly 213.92 10/12/01 1 213.92 GE CAPITAL monthly 243.40 10/15/01 1 243.40 GE CAPITAL monthly 233.84 10/12/01 1 233.84 GE CAPITAL monthly 213.94 10/12/01 1 213.94 GE CAPITAL monthly 182.02 10/23/01 1 182.02 GE CAPITAL monthly 140.80 11/06/01 1 140.80 GE CAPITAL monthly 132.02 11/01/01 1 132.02 GE CAPITAL monthly 224.41 11/01/01 1 224.41 HEWLETT PACKARD monthly 29,622.82 11/01/01 1 29,622.82 HEWLETT PACKARD monthly 15,200.76 11/01/01 1 15,200.76 HEWLETT-PACKARD monthly 3,968.44 11/01/01 1 3,968.44 KYOCERA MITA AMERICA INC monthly 233.82 10/06/01 1 233.82 KYOCERA MITA AMERICA INC monthly 233.82 10/06/01 1 233.82 KYOCERA MITA AMERICA INC monthly 233.84 10/06/01 1 233.84 LOOKOUT LEASING CO. monthly 105.00 10/28/01 1 105.00 MARLIN LEASING CORPORATION monthly 492.17 11/02/01 1 492.17 MICRON/FLEET LEASING monthly 802.97 11/01/01 1 802.97 MICRON/FLEET LEASING monthly 261.09 11/01/01 1 261.09 MICRON/FLEET LEASING monthly 99.79 11/01/01 1 99.79 MICRON/FLEET LEASING monthly 101.75 11/11/01 1 101.75 MICRON/FLEET LEASING monthly 71.08 11/11/01 1 71.08 MICRON/FLEET LEASING monthly 73.88 11/11/01 1 73.88 MICRON/FLEET LEASING monthly 71.79 10/15/01 2 143.58 MICRON/FLEET LEASING monthly 71.26 11/01/01 1 71.26 MICRON/FLEET LEASING monthly 58.65 10/15/01 2 117.3 MONROE BANK monthly 559.91 10/20/01 1 559.91 OLD KENT BANK monthly 856.65 10/24/01 3 2,569.95 PANASONIC COMMUNICATIONS & SYS monthly 59.40 11/01/01 1 59.40 PANASONIC COMMUNICATIONS & SYS monthly 102.77 11/01/01 1 102.77 PITNEY BOWES monthly 21.50 10/23/01 1 21.50 PITNEY BOWES monthly 50.16 10/23/01 1 50.16 PITNEY BOWES CREDIT CORPORATIO monthly 86.39 10/07/01 1 86.39 PITNEY BOWES CREDIT CORPORATIO monthly 211.23 10/07/01 1 211.23 PITNEY BOWES CREDIT CORPORATIO monthly 458.43 10/07/01 1 458.43 SAXON BUSINESS SYSTEMS INC. monthly 370.47 11/02/01 1 370.47 TOSHIBA EASY LEASE monthly 32.90 none 1 32.90 U.S. FINANCIAL monthly 698.89 10/28/01 3 2,096.67 UNITED LEASING ASSOCIATES monthly 155.28 11/01/01 1 155.28 ** These amounts are also included in the Accounts Payable aging in question #2 Rider-4 P/R Tax Department 2001 POST-PETITION TAX REPORTING PAYROLL TAX LIABILITIES FOR PERIOD 09/01/01 THROUGH 09/30/01 -------------------------------------------------------------------------------------------------------------------------------- SEPT. 2001 SEPT. 2001 AUG. 2001 TOTAL FEDERAL TAXABLE GROSS FEDERAL TAXES DUE FEDERAL TAXES PD FEDERAL TAXES PD TAXES PAID IN PAYROLL ENTITIES PAYROLL EXP (INCL. FUTA)* IN SEPT. 2001 IN SEPT. 2001 SEPT. 2001 -------------------------------------------------------------------------------------------------------------------------------- Outsource Int'l of America, Inc. 2,057,105.12 359,345.16 (305,336.50) (24,892.56) (330,229.06) -------------------------------------------------------------------------------------------------------------------------------- Synadyne III, Inc. 3,536,538.03 741,677.90 (649,066.24) (39,410.80) (688,477.04) -------------------------------------------------------------------------------------------------------------------------------- Guardian Employer West LLC 5,690,770.34 688,742.48 (564,377.89) (32,547.17) (596,925.06) -------------------------------------------------------------------------------------------------------------------------------- Guardian Employer East LLC 2,560,278.28 524,139.00 (454,110.87) (25,980.96) (480,091.83) -------------------------------------------------------------------------------------------------------------------------------- TOTALS - ALL ENTITIES $13,844,691.77 $2,313,904.54 $(1,972,891.50) $(122,831.49) $(2,095,722.99) ========================================================================================== ----------------------------------------------------------------------------------------------------------------------------- AUG. 2001 FEDERAL TAXES SEPT. 2001 SEPT. 2001 STATE TAXES PD TOTAL STATE STILL OWED STATE TAXES DUE STATE TAXES PD IN SEPT. 2001 TAXES PD IN PAYROLL ENTITIES (INCL. FUTA)* (INCL. SUTA) IN SEPT. 2001 (SEE NOTE 1) SEPT. 2001 ----------------------------------------------------------------------------------------------------------------------------- Outsource Int'l of America, Inc. 54,008.66 46,072.49 0.00 (3,036.03) (3,036.03) ----------------------------------------------------------------------------------------------------------------------------- Synadyne III, Inc. 92,611.66 315,927.25 (44,988.24) (2,296.43) (47,284.67) ----------------------------------------------------------------------------------------------------------------------------- Guardian Employer West LLC 124,364.59 200,322.15 (39,202.29) (20,831.36) (60,033.65) ----------------------------------------------------------------------------------------------------------------------------- Guardian Employer East LLC 70,028.13 128,040.07 (3,702.88) (44,172.95) (47,875.83) ----------------------------------------------------------------------------------------------------------------------------- TOTALS - ALL ENTITIES $341,013.04 $690,361.96 $(87,893.41) $(70,336.77) $(158,230.18) ======================================================================================= ----------------------------------------------------------------------------------------------------------------------------------- AUG. 2001 STATE TAXES SEPTEMBER 2001 SEPT. 2001 LOCAL TAXES PD TOTAL LOCAL STILL OWED LOCAL TAXES LOCAL TAXES PD IN SEPT. 2001 TAXES PD LOCAL TAXES PAYROLL ENTITIES (INCL. SUTA)** DUE IN SEPT. 2001 (SEE NOTE 2) IN SEPT. 2001 STILL OWED ----------------------------------------------------------------------------------------------------------------------------------- Outsource Int'l of America, Inc. 46,072.49 737.61 0.00 0.00 0.00 737.61 ----------------------------------------------------------------------------------------------------------------------------------- Synadyne III, Inc. 270,939.01 0.00 0.00 0.00 0.00 0.00 ----------------------------------------------------------------------------------------------------------------------------------- Guardian Employer West LLC 161,119.86 5,759.00 0.00 (1,155.50) (1,155.50) 5,759.00 ----------------------------------------------------------------------------------------------------------------------------------- Guardian Employer East LLC 124,337.19 15,888.48 (931.50) (7,367.33) (8,298.83) 14,956.98 ----------------------------------------------------------------------------------------------------------------------------------- TOTALS - ALL ENTITIES $602,468.55 $22,385.09 $(931.50) $(8,522.83) $(9,454.33) $21,453.59 ============================================================================================== OUTSOURCE INT'L GUARDIAN EMPLOYER GUARDIAN EMPLOYER ALL PAYROLL PAYROLL TAX SUMMARY: OF AMERICA, INC. SYNADYNE III, INC. WEST, LLC EAST, LLC ENTITIES ---------------- ------------------ ----------------- ----------------- -------------- Taxable gross payroll expense $2,057,105.12 $3,536,538.03 $5,690,770.34 $2,560,278.28 $13,844,691.77 TOTAL AUG 2001 FED, STATE & LOCAL TAXES PAID IN SEPT 2001 (27,928.59) (41,707.23) (54,534.03) (77,521.24) (201,691.09) TOTAL SEPT 2001 FED, STATE & LOCAL TAXES DUE $ 406,155.26 $1,057,605.15 $ 894,823.63 $ 668,067.55 $ 3,026,651.59 LESS SEPT 2001 TAXES PAID IN SEPT 2001 (305,336.50) (694,054.48) (603,580.18) (458,745.25) (2,061,716.41) TOTAL SEPT 2001 TAXES STILL OWED AT END OF PERIOD $ 100,818.76 $ 363,550.67 $ 291,243.45 $ 209,322.30 $ 964,935.18 ============= ============= ============= ============= ============== FUTA & SUTA SUMMARY: * 3RD QTR 2001 FUTA TAX INCL. IN FEDERAL TAX LIABILITY ABOVE $ 28,216.98 $ 58,199.85 $ 93,288.77 $ 46,120.14 $ 225,825.74 ** 3RD QTR 2001 SUTA TAX INCL IN STATE TAX LIABILITY ABOVE $ 45,871.12 $ 268,725.07 $ 140,110.38 $ 88,113.56 $ 542,820.13 NOTE 1. Differences between prior period SWT accruals and what was actually paid: OIA Prior period SWT accrual $3,034.65 #NAME? 1.38 Total prior period SWT paid this period $3,036.03 ========= WEST Prior period SWT accrual $20,577.44 #NAME? 253.92 Total prior period SWT paid this period $20,831.36 ========= NOTE 2. Differences between prior period local accruals and what was actually paid: EAST Prior period Local Tax accrual $6,691.06 Pontiac, MI not accrued prior period 656.30 Jefferson City not accrued prior period 19.97 Total prior period Local Tax paid this period $7,367.33 ========= RIDER 5 OUTSOURCE INTERNATIONAL INC CONSOLIDATED INSURANCE SCHEDULE OF COVERAGE AS OF 09/30/01 Limits/ Premium Coverage Deductibles Term Company Paid to -------- ----------- ---- ------- ------- WORKERS' COMPENSATION Statutory 01/01/01 - 01/01/02 Zurich 9/30/01 EMPLOYERS LIABILITY Each Accident 1,000,000 Disease - Each Employee 1,000,000 Disease - Policy Limit 1,000,000 Deductible 250,000 DEDUCTIBLE PROTECTION POLICY 01/01/01 - 01/01/02 Zurich 9/30/01 (WC, GL, AL) National Union ERRORS & OMISSIONS 01/01/01 - 01/01/02 Fire Ins 1/1/02 Each Accident 1,000,000 Aggregate Limit 2,000,000 Deductible 50,000 GENERAL LIABILITY 01/01/01 - 01/01/02 Zurich 9/30/01 Policy Aggregate 25,000,000 Location Aggregate 2,000,000 Products/Completed Ops. 2,000,000 Each Occurrence 1,000,000 Personal & Advertising Injury 1,000,000 Fire Damage - Any One Fire 1,000,000 Medical - Any One Person 10,000 Employee Benefits (Claims Made) 1,000,000 Employee Benefits (Aggregate) 2,000,000 Retroactive Date (1/01/99) Deductible 50,000 AUTO LIABILITY 01/01/01 - 01/01/02 Zurich 1/1/02 Bodily Injury & Property Damage 1,000,000 Unisured/Underinsured 1,000,000 Personal Injury Protection Statutory Medical Payments - each person 2,000 Hired & Non-Owned Auto 1,000,000 Deductible 100,000 AUTO PHYSICAL DAMAGE 01/01/01 - 01/01/02 Zurich 1/1/02 Deductible-Collision 1,000 Deductible-Other Than Collision 1,000 National Union Fire Ins Co UMBRELLA LIABILITY 01/01/01 - 01/01/02 of Pittsburgh, PA 1/1/02 Each Occurrence 35,000,000 General Aggregate 35,000,000 Products/Completed Ops. 35,000,000 Deductible 10,000 EMPLOYMENT PRACTICES LIABILITY 01/01/01 - 01/01/02 Lexington Ins 1/1/02 Each Insured Event 5,000,000 Total Aggregate Policy Paid Limit 10,000,000 Deductible 50,000 EMPLOYMENT PRACTICES LIABILITY- TAIL COVERAGE Extended Lexington Ins 1/1/02 Reporting Period Each Insured Event 5,000,000 4/8/00-4/8/03 Total Aggregate Policy Paid Limit 10,000,000 National Union Fire Ins Co FIDUCIARY LIABILITY 5,000,000 01/01/01 - 01/01/02 of Pittsburgh, PA 1/1/02 Endorsements: Fl Amendatory Cancellation - Non Renewal Multiemployer Extension (Syn Sav & Inv) Amend Discovery Clause to bilateral election Amend notification requirement run-off Endorsement for Synadyne Deductible 10,000 Limits/ Premium Coverage Deductibles Term Company Paid to -------- ----------- ---- ------- ------- Extended FIDUCIARY LIABILITY-TAIL Reporting National Union COVERAGE 5,000,000 Period Fire Ins Co 1/1/02 Basic Form with following of Pittsburgh, PA Endorsements 4/8/00-4/8/06 FL Amendatory Cancellation - Non Ren Multiemployer Extension (Syn Sav & Inv) Option for Two Year Discovery (150%) Notice of Claims to Risk or Counsel Defense outside Limits for Addl. Prem. Deductible 10,000 Per Schedule on COMMERCIAL PROPERTY File with carrier 7/1/01-7/1/2002 The St. Paul 7/1/02 DIFFERENCE IN CONDITIONS 5,000,000 LOSS LIMIT 10/18/00 - 10/18/01 Essex 10/18/01 National Union CRIME-FIDELITY 7/29/99-7/29/02 Fire Ins. Co. 7/29/02 Insured's Fidelity Coverage 2,000,000 Client's Fidelity Coverage 2,000,000 Computer Fraud 2,000,000 Loss Inside premises/ Loss Outside premises 2,000,000 Counterfeit Currency/ Depositors Forgery 2,000,000 Deductible Per Occurrence 100,000 Aggregate Deductible 300,000 National Union DIRECTORS & OFFICERS 20,000,000 10/23/98-10/23/01 Fire Ins. Co. 10/23/01 Deductible-SEC & Y2K 150,000 Deductible-All Other 75,000 LIQUOR LIABILITY PER EACH EVENT 1,000,000 3/31/01-1/1/02 Zurich 1/1/02 aggregate 2,000,000 BASIC LIFE AND AD&D Life: 2 x annual salary max $500k 8/1/01-4/1/02 UNUM Life Ins Co 9/30/01 w/o good health evidence, max $750k w/good health evidence AD&D 2 x annual earnings max $500k or $750k if evidence of insurability for life insurance was approved. LONG TERM DISABILITY 60% of monthly earnings, max $10k 8/1/01-4/1/02 UNUM Life Ins Co 9/30/01 monthly until age 65 or disabled BUSINESS TRAVEL ACCIDENT INSURANCE Directors, Officers, Managers 3 x 8/1/01-4/1/03 UNUM Life Ins Co 4/1/03 annual earnings max $1 m; all else 1 x annual earnings $150k CIGNA EMPLOYEE MEDICAL COVERAGE (SELF INSURED) $75,000 per person stop loss 8/1/01-4/1/02 Cigna 9/30/01 ($5K deposit made 7/12/01 approx $28k billed & due) CIGNA DENTAL INSURANCE (SELF INSURED) $1,500 per person stop loss 8/1/01-4/1/02 Cigna 9/30/01 ($5K deposit made 7/12/01, approx $28k billed & due)