EXHIBIT 99.10
DEBTOR: AMCV CRUISE OPERATIONS, INC. CASE NUMBER: 01-10967 (EIK)
MONTHLY OPERATING REPORT
AS OF MARCH 31, 2002
AND
FOR THE MONTH THEN ENDED
In accordance with title 28, section 1746, of the United States Code, I declare
under penalty of perjury that I have examined the attached March Monthly
Operating Report (Attachments 1 through 9) and, to the best of my knowledge,
these documents are true, correct, and complete.
/s/ NICHOLAS J. DAVISON
- -------------------------------
Nicholas J. Davison
Senior Vice President, Finance
DEBTOR: AMCV CRUISE OPERATIONS, INC. CASE NUMBER: 01-10967 (EIK)
MONTHLY OPERATING REPORT
AS OF MARCH 31, 2002
AND
FOR THE MONTH THEN ENDED
CONTENTS
Attachment 1 Summary of Bank and Investment Accounts
Attachment 2 Schedule of Receipts and Disbursements
Attachment 3 Bank and Investment Account Statements
Attachment 4 Income Statement
Attachment 5 Balance Sheet
Attachment 6 Summary of Due To/Due From Intercompany Accounts
Attachment 7 Accounts Receivable Aging
Attachment 8 Accounts Payable Detail
Attachment 9 Notes to March Monthly Operating Report
16-Apr-02 Summary Of Bank,Investment & Petty Cash Accounts Attachment 1
2:55 PM AMCV Cruise Operations, Inc.
Summary Case No: 01-10967 (EIK) UNAUDITED
AMCV Cruise For Month Of March, 2002
Operations, Inc
Balances
------------------------------ Receipts & Bank
Opening Closing Disbursements Statements Account
Account As Of 3/01/02 As Of 3/31/02 Included Included Reconciled
AHC - Certificate Of Deposit * 25,000.00 25,000.00 Yes No - Not Yes
Bank One Concentration
Account # - 880058451981 Account
AHC - Certificate Of Deposit * 25,000.00 25,000.00 Yes No - Not Yes
Bank One Concentration
Account # - 880058452369 Account
AMCV Cruise Ops 8,357.80 4,188.60 Yes Yes Yes
Master Cash
First Union National Bank
Account # - 2090002602362
AMCV Escrow - Gohagan 220,191.38 246,864.27 Yes No - Not Yes
LaSalle Bank Concentration
Account # - 62-8766-40-4 Account
American Classic Voyages 0.00 0.00 No - No - No -
Fleet Bank Account Account Account
Account # - 941-9148945 closed closed closed
New Orleans Office 7,421.30 7,002.28 Yes Not A Bank Yes
Petty Cash Account
* Proceeds From Matured Certificates Of Deposit Being Retained By Bank One
While They Pursue Recovery Of Equivalent Amounts Relating To Letters Of
Credits That Were Exercised After The Filing For Bankruptcy Where These
Certificates Of Deposits Were Collateral
16-Apr-02 Receipts & Disbursements Attachment 2-1
2:57 PM AMCV Cruise Operations, Inc.
R&D - Bank One Case No: 01-10967 (EIK) UNAUDITED
- AHC CD (86) Bank One
AHC Certificate Of Deposit
Account # - 880058451981
1 March 02 - 31 March 02
Opening Balance - 1 Mar 02
25,000.00
Receipts
---------
0.00 Total Receipts
Disbursements
---------
0.00 Total Disbursements
Closing Balance - 31 Mar 02
25,000.00
16-Apr-02 Receipts & Disbursements Attachment 2-2
2:58 PM AMCV Cruise Operations, Inc.
R&D - Bank One Case No: 01-10967 (EIK) UNAUDITED
- AHC CD (87) Bank One
AHC Certificate Of Deposit
Account # - 880058452369
1 March 02 - 31 March 02
Opening Balance - 1 Mar 02
25,000.00
Receipts
---------
0.00 Total Receipts
Disbursements
---------
0.00 Total Disbursements
Closing Balance - 31 Mar 02
25,000.00
16-Apr-02 Receipts & Disbursements Attachment 2-3
3:00 PM AMCV Cruise Operations, Inc.
R&D - First Union Case No: 01-10967 (EIK) UNAUDITED
AMCV Cruise Ops First Union
Master Cash AMCV Cruise Ops Master Cash
Account # - 2090002602362
1 March 02 - 31 March 02
Opening Balance - 1 Mar 02
8,357.80
Receipts
102,514.38 Misc Refunds & Commissions
131,914.00 Hawaiian Asset Sale
378,953.40 From Oceanic Ship Co - First Union Bank -
Account (2090002603921)
-----------
613,381.78 Total Receipts
Disbursements
(615,000.00) To The Delta Queen Steamboat Co. - Hibernia -
DQSC Master Cash - Account (812-395-335)
(2,550.98) Bank Fees
-----------
(617,550.98) Total Disbursements
Closing Balance - 31 Mar 02
4,188.60
16-Apr-02 Receipts & Disbursements Attachment 2-4
3:00 PM American Classic Voyages
R&D - LaSalle Case No: 01-10967 (EIK) UNAUDITED
AMCV Escrow - Gohagan LaSalle
AMCV Escrow - Gohagan
Account # - 62-8766-40-4
1 March 02 - 31 March 02
Opening Balance - 1 Mar 02
220,191.38
Receipts
223.89 Interest Earned
26,449.00 Future Fare Deposits
-----------
26,672.89 Total Receipts
Disbursements
-----------
0.00 Total Disbursements
Closing Balance - 31 Mar 02
246,864.27
16-Apr-02 Receipts & Disbursements Attachment 2-5
2:57 PM AMCV Cruise Operations, Inc.
R&D - NOLA Case No: 01-10967 (EIK) UNAUDITED
Petty Cash New Orleans Office
Petty Cash
Account # - NA
1 March 02 - 31 March 02
Opening Balance - 1 Mar 02
7,421.30
Receipts
--------
0.00 Total Receipts
Disbursements
(140.00) Office Cleaning
(76.41) Propane
(61.19) Office Hardware
(141.42) Other Miscellaneous
--------
(419.02) Total Disbursements
Closing Balance - 31 Mar 02
7,002.28
AMCV US SET OF BOOKS Date: 19-APR-02 08:27:38
INCOME STATEMENT - ATTACHMENT 4 Page: 1
Current Period: MAR-02
currency USD
Company=15 (AMCV OPS)
PTD-Actual
31-Mar-02
---------------
Revenue
Gross Revenue 0.00
Allowances 0.00
-----------------
Net Revenue 0.00
Operating Expenses
Air 0.00
Hotel 0.00
Commissions 0.00
Onboard Expenses 0.00
Passenger Expenses 0.00
Vessel Expenses 0.00
Layup/Drydock Expense 0.00
Vessel Insurance 0.00
-----------------
Total Operating Expenses 0.00
-----------------
Gross Profit 0.00
SG&A Expenses
General and Admin Expenses 392,776.95
Sales & Marketing 263,248.12
Start-Up Costs 0.00
-----------------
Total SG&A Expenses 656,025.07
-----------------
EBITDA (656,025.07)
Depreciation 40,575.71
-----------------
Operating Income (696,600.78)
Other Expense/(Income)
Interest Income 442.71
Interest Expense 3,909.17
Equity in Earnings for Sub (3,349,496.88)
Reorganization expenses 81,558.29
Other expense (144.81)
-----------------
Total Other Expense/(Income) 3,435,262.24
-----------------
Net Pretax Income/(Loss) (4,131,863.02)
Income Tax Expense 0.00
-----------------
Net Income/(Loss) (4,131,863.02)
=================
AMCV US SET OF BOOKS Date: 18-APR-02 17:04:21
BALANCE SHEET - ATTACHMENT 5 Page: 1
Current Period: MAR-2
currency USD
Company=15 (AMCV OPS)
YTD-Actual YTD-Actual
31-Mar-02 22-Oct-01
--------------- ------------
ASSETS
Cash and Equivalent (120,530.45) 1,723,947.86
Restricted Cash 246,864.27 219,000.00
Marketable Securities 50,000.00 50,000.00
Accounts Receivable 0.00 99,684.62
Inventories 0.00 0.00
Prepaid Expenses 403,225.89 522,662.13
Other Current Assets 43,600.00 1,750.00
---------------------------------------
Total Current Assets 623,159.71 2,617,044.61
Fixed Assets 9,371,564.98 9,371,627.23
Accumulated Depreciation (656,642.39) (453,764.30)
---------------------------------------
Net Fixed Assets 8,714,922.59 8,917,862.93
Net Goodwill 0.00 0.00
Intercompany Due To/From (3,231,514.39) 2,150,807.43
Net Deferred Financing Fees 0.00 0.00
Net Investment in Subsidiaries 61,381,436.05 66,329,274.35
---------------------------------------
Total Other Assets 58,149,921.66 68,480,081.78
---------------------------------------
Total Assets 67,488,003.96 80,014,989.32
=======================================
AMCV US SET OF BOOKS Date: 18-APR-02 17:04:21
BALANCE SHEET - ATTACHMENT 5 Page: 2
Current Period: MAR-2
currency USD
Company=15 (AMCV OPS)
YTD-Actual YTD-Actual
31-Mar-02 22-Oct-01
--------------- ------------
LIABILITIES
Accounts Payable 132,653.93 5,363.60
Accrued Liabilities 337,581.35 289,488.87
Deposits 0.00 0.00
---------------------------------------
Total Current Liabilities 470,235.28 294,852.47
Long Term Debt 0.00 0.00
Other Long Term Liabilities 0.00 0.00
---------------------------------------
Total Liabilities 470,235.28 294,852.47
OTHER
Liabilities Subject to Compromise 29,585,924.61 32,307,000.02
---------------------------------------
Total Other 29,585,924.61 32,307,000.02
OWNER'S EQUITY
Common Stock 10,440.25 10,440.25
Add'l Paid In Capital 112,772,392.56 112,772,392.56
Current Net Income (Loss) (7,589,855.17) (37,037,717.81)
Retained Earnings (67,761,133.57) (28,331,978.17)
---------------------------------------
Total Owner's Equity 37,431,844.07 47,413,136.83
---------------------------------------
Total Liabilities & Equity 67,488,003.96 80,014,989.32
=======================================
AMCV Cruise ATTACHMENT 6
Operations, Inc. Summary List of Due To/Due From Accounts 01-10967 (JCA)
For the Month Ended March 31, 2002
BEGINNING ENDING
AFFILIATE NAME CASE ID # BALANCE DEBITS CREDITS BALANCE
American Classic Voyages Co. 01-10954 (78,732,843.30) 573,956.91 1,353,918.82 (79,512,805.21)
AMCV Holdings, Inc. 01-10973 (9,601.84) 8,773.86 629,025.15 (629,853.13)
The Delta Queen Steamboat Co. 01-10970 (102,975,538.81) 2,299,665.06 1,530,200.40 (102,206,074.15)
DQSB II, Inc. 01-10974 1,194.40 456.00 - 1,650.40
Great AQ Steamboat, L.L.C. 01-10960 22,771,729.84 60,947.23 - 22,832,677.07
Great Pacific NW Cruise Line, L.L.C. 01-10977 9,405,617.36 15,126.18 - 9,420,743.54
Great River Cruise Line, L.L.C. 01-10963 9,491,968.54 76,269.35 137,607.73 9,430,630.16
Great Ocean Cruise Line, L.L.C. 01-10959 21,419,111.30 100,889.68 65,616.58 21,454,384.40
Cruise America Travel, Incorporated 01-10966 4,057,564.48 1,343.39 - 4,058,907.87
Delta Queen Coastal Voyages, L.L.C. 01-10964 (191,346.38) 300.00 - (191,046.38)
Cape Cod Light, L.L.C. 01-10962 3,949,193.20 990.00 - 3,950,183.20
Cape May Light, L.L.C. 01-10961 8,015,892.93 213,544.43 176,240.13 8,053,197.23
Project America, Inc. N/A (4,501,177.23) - - (4,501,177.23)
Oceanic Ship Co. N/A 57,295,518.01 380,795.88 22.57 57,676,291.32
Project America Ship I, Inc. N/A 111,958.41 - - 111,958.41
Ocean Development Co. 01-10972 1,549,602.47 - - 1,549,602.47
Great Hawaiian Cruise Line, Inc. 01-10975 (96,655.80) - - (96,655.80)
Great Hawaiian Properties Corporation 01-10971 (6,116,875.06) - - (6,116,875.06)
American Hawaii Properties Corporation 01-10976 5,190,295.02 45.00 - 5,190,340.02
Great Independence Ship Co. 01-10969 36,654,424.42 - - 36,654,424.42
CAT II, Inc. 01-10968 9,637,982.06 - - 9,637,982.06
----------------------------------------------------------------------------
(3,071,985.98) 3,733,102.97 3,892,631.38 (3,231,514.39)
============================================================================
AMCV Cruise Operations, Inc.
01-10967 (EIK)
Accounts Receivable Aging
As of March 31, 2002
Attachment 7
Not Applicable
ACCOUNTS PAYABLE TRIAL BALANCE
AS OF MARCH 31, 2002
LIABILITY ACCOUNT: 15-000-220102-00000
INVOICE REMAINING
SUPPLIER NAME INVOICE NUMBER DATE AMOUNT AMOUNT INVOICE DESCRIPTION
- ------------- -------------- --------- ----------- ------------ ---------------------------
AMERICAN MARITIME OFFICERS MPB KENNEY 01 26-Mar-02 $ 3,539.34 $ 3,539.34 D KENNEY CONTRIBUTIONS 2001
VACALL KENNEY 01 26-Mar-02 $ 2,988.72 $ 2,988.72 D KENNEY CONTRIBUTIONS 2001
VAC KENNEY 01 26-Mar-02 $ 428.40 $ 428.40 D KENNEY CONTRIBUTIONS 2001
TOTAL FOR SUPPLIER: $ 6,956.46 $ 6,956.46
AON RISK SERVICES, INC.
OF IL 6000000040041 28-Feb-02 $ 600.00 $ 600.00 BOILER&MACHINERY 2/28/02-2/28/03
APOLLO ENTERPRISES 121201WILL 12-Dec-01 $ 202.38 $ 202.38 PRESC EXP - D WILLIAMSON DOS 12/12/01
BELLSOUTH 4300 031102 11-Mar-02 $ 2,514.01 $ 2,514.01 954 660-4300 002 1807 * 3/11/02
6892 022802 28-Feb-02 $ 117.23 $ 117.23 601-M23-6892-892 * 2/28/02
3363 022802 28-Feb-02 $ 2,365.13 $ 2,365.13 504-M83-3363-363 * 2/28/02
TOTAL FOR SUPPLIER: $ 4,996.37 $ 4,996.37
BENTON COUNTY TRUSTEE 123101 31-Dec-01 $ 1,549.91 $ 1,549.91 PROPERTY ADDRESS BL000400
BILL NOBLES, TRUSTEE 123101B 31-Dec-01 $ 1,704.40 $ 1,704.40 BILL NUMBER 145214
123101A 31-Dec-01 $ 1,963.66 $ 1,963.66 BILL NUMBER 145375
TOTAL FOR SUPPLIER: $ 3,668.06 $ 3,668.06
BIONDI, BRIAN 17818 30-Mar-02 $ 200.00 $ 200.00 REPLACE STEAMER CK#17818
BOARD OF COMMISSIONERS 245785 26-Mar-02 $ 598.47 $ 598.47 WATER 12/20-1/23/02
246110 27-Mar-02 $ 7,785.00 $ 7,785.00 DOCKAGE 4/1-30/02
TOTAL FOR SUPPLIER: $ 8,383.47 $ 8,383.47
BOB PATTERSON, TRUSTEE 123101B 31-Dec-01 $ 7,025.24 $ 7,025.24 FOLIO NUMBER 6BL-0004-0-00000-0
123101A 31-Dec-01 $ 5,059.38 $ 5,059.38 FOLIO NUMBER 1BL-0004-0-00000-0
TOTAL FOR SUPPLIER: $ 12,084.62 $ 12,084.62
CARL E LEVI, CITY TREASURER 123101 31-Dec-01 $ 1,400.93 $ 1,400.93 BILL#76013
CHARLIE CALDWELL, TRUSTEE 123101B 31-Dec-01 $ 2,807.17 $ 2,807.17 ACCOUNT NUMBER 000000516
123101A 31-Dec-01 $ 2,459.26 $ 2,459.26 ACCOUNT NUMBER 000000340
TOTAL FOR SUPPLIER: $ 5,266.43 $ 5,266.43
CITY TAX COLLECTOR 123101 31-Dec-01 $ 51.77 $ 51.77 PROPERTY ADDRESS BL000400
COUNTY TRUSTEE 123101 31-Dec-01 $ 1,299.20 $ 1,299.20 PROPERTY ADDRESS BL000400
Page 1 of 5
INVOICE REMAINING
SUPPLIER NAME INVOICE NUMBER DATE AMOUNT AMOUNT INVOICE DESCRIPTION
- ------------- -------------- --------- ----------- ------------ ---------------------------
DECATUR COUNTY TRUSTEE 123101 31-Dec-01 $ 991.66 $ 991.66 PROPERTY ADDRESS BL000400
DIAZ CASH REGISTER CO INC. 6150 20-Mar-02 $ 152.60 $ 152.60 RENTAL TIME CLOCK 3/21-5/7/02
DICKSON COUNTY TRUSTEE 123101 31-Dec-01 $ 166.48 $ 166.48 PROPERTY ADDRESS BL000400
DIRECTV 0032-006733024 26-Dec-01 $ 60.33 $ 60.33 #006733024
0031-006733024 26-Nov-01 $ 60.33 $ 60.33 ACCT#006733024
0024-006733024C 23-Apr-01 $ (659.33) $ (659.33)OVERPAID CK#4002327 ACCT#006733024
0030-006733024A 26-Oct-01 $ 60.33 $ 60.33 ACCT#006733024
TOTAL FOR SUPPLIER: $ (478.34) $ (478.34)
DIVERSEY LEVER, INC. 030706 18-Dec-01 $ (8.97) $ (8.97)FUEL SURCHARGE CREDIT
DYER COUNTY TRUSTEE 123101 31-Dec-01 $ 2,915.08 $ 2,915.08 PROPERTY ADDRESS BL000400
EARTHLINK, INC. 66208859 26-Mar-02 $ 304.00 $ 304.00 ACCT#4372326
ENTERGY 031802 18-Mar-02 $ 14,227.16 $ 14,227.16 ACCT#4189216
FEDERAL EXPRESS 4-164-76119 14-Mar-02 $ 109.95 $ 109.95 NOLA
4-164-39356 14-Mar-02 $ 118.33 $ 118.33 NOLA
4-164-91485 14-Mar-02 $ 35.39 $ 35.39 NOLA
4-164-54334 14-Mar-02 $ 33.17 $ 33.17 NOLA
4-164-01697 8-Mar-02 $ 124.97 $ 124.97 NOLA
TOTAL FOR SUPPLIER: $ 421.81 $ 421.81
FRED DIVINE DIVING
& SALVAGE CO. 20024 20-Mar-02 $ 5,500.00 $ 5,500.00 LAY UP CQ 7/20-5/20/02
20029 22-Mar-02 $ 5,018.82 $ 5,018.82 ELECTRIC SVC CQ 2/22-3/22/02
TOTAL FOR SUPPLIER: $ 10,518.82 $ 10,518.82
HARDIN COUNTY TRUSTEE 123101 31-Dec-01 $ 2,254.32 $ 2,254.32 HARDIN COUNTY PROPERTY TAX
HARRIS REGIONAL HOSPITAL 082001SMIT 2-Aug-01 $ 379.10 $ 379.10 MEDS SVCS W SMITH DOS 8/2/01
HEALTHSOUTH HOLDINGS 122801WILL 28-Dec-01 $ 100.80 $ 100.80 MED SVCS D WILLIAMSON DOC 12/21-28/01
121901WILL 19-Dec-01 $ 365.60 $ 365.60 MED SVCS D WILLIAMSON DOC 12/7-19/01
TOTAL FOR SUPPLIER: $ 466.40 $ 466.40
HENRY COUNTY TRUSTEE 123101 31-Dec-01 $ 323.79 $ 323.79 PROPERTY ADDRESS BL000400
HOUSTON COUNTY TRUSTEE 123101 31-Dec-01 $ 303.80 $ 303.80 HOUSTON COUNTY PROPERTY TAX
HUMPHREYS COUNTY TRUSTEE 123101 31-Dec-01 $ 1,014.31 $ 1,014.31 PROPERTY ADDRESS BL000400
Page 2 of 5
INVOICE REMAINING
SUPPLIER NAME INVOICE NUMBER DATE AMOUNT AMOUNT INVOICE DESCRIPTION
- ------------- -------------- --------- ----------- ------------ ---------------------------
ICS LOGISTICS 0246815B 19-Oct-01 $ -- $ 1,031.25
0275849B 26-Oct-01 $ 651.75 $ 651.75
0245847B 12-Oct-01 $ 1,056.00 $ 1,056.00
TOTAL FOR SUPPLIER: $ 1,707.75 $ 2,739.00
IKON OFFICE SOLUTIONS 22483491 18-Mar-02 412.40 $ 412.40
INTERNATIONAL BUSINESS
MACHINES CORP 3237562 4-Mar-02 85.93 $ 85.93 3/1-14/02
IOS CAPITAL 52948867 28-Sep-01 $ 1,322.52 $ 1,322.52 10/25-11/24/01
52848199 17-Sep-01 $ 152.50 $ 152.50 10/12-11/11/01
TOTAL FOR SUPPLIER: $ 1,475.02 $ 1,475.02
ISLAND OASIS FROZEN
COCKTAIL CO., INC 111501 15-Nov-01 $ 1,137.25 $ 1,137.25
LAKE COUNTY TRUSTEE 123101 31-Dec-01 $ 5,781.44 $ 5,781.44 PROPERTY ADDRESS BL000400
LAURA MAX RACINE, TIPTON
COUNTY TRUSTEE 123101 31-Dec-01 $ 2,110.19 $ 2,110.19 TIPTON COUNTY PERSONAL PROPERTY TAX
LORD, CAPT. STEVEN 0325-3102 31-Mar-02 $ 1,420.00 $ 1,420.00 SECURITY CQ 3/25-31/02
MARION COUNTY TRUSTEE 123101 31-Dec-01 $ 1,594.57 $ 1,594.57 MARION COUNTY PROPERTY TAX
MCC SERVICES 0999465 20-Mar-02 $ 656.00 $ 656.00
0999654 22-Mar-02 $ 82.50 $ 82.50
$ 738.50 $ 738.50
MCI WORLDCOM CONFRENCING 120101 1-Dec-01 $ (46.07) $ (46.07)01-00005980958-00691
MONTGOMERY COUNTY TRUSTEE 123101 31-Dec-01 $ 2,694.83 $ 2,694.83 PROPERTY ADDRESS BL000400
MONTGOMERY, BARNETT, BROWN,
READ, 61722 27-Dec-01 $ 928.52 $ 928.52 LEGAL FEES VESSEL OPS
HAMMOND & MINTZ LLP 61724 27-Dec-01 $ 570.75 $ 570.75 LEGAL FEES M DAVIS
61723 27-Dec-01 $ 380.54 $ 380.54 LEGAL FEES L CARO
TOTAL FOR SUPPLIER: $ 1,879.81 $ 1,879.81
MOULEDOUX, BLAND, LEGRAND
& BRACKETT 000093 00185 3711 23-Jan-02 $ 58.34 $ 58.34 LEGAL SVCS R TRUSLEY 12/17-1/22/02
000093 00201 3713 23-Jan-02 $ 209.98 $ 209.98 LEGAL SVCS E MARTIN 12/18-1/22/02
000093 99204 3720 23-Jan-02 $ 152.40 $ 152.40 LEGAL SVCS S GEORGE 12/17-1/22/02
000093 01159 3715 23-Jan-02 $ 620.62 $ 620.62 LEGAL SVCS E GONTARSKI 12/18-1/22/02
000093 00200 3712 23-Jan-02 $ 301.43 $ 301.43 LEGAL SVCS K LAMBERT 12/18-1/22/02
000093 01233 3717 23-Jan-02 $ 193.80 $ 193.80 LEGAL SVCS L ROBINSON 12/17-1/22/02
000093 00242 3714 23-Jan-02 $ 314.74 $ 314.74 LEGAL SVCS A TODD 10/19-1/22/02
000093 67300 3719 23-Jan-02 $ 93.30 $ 93.30 LEGAL SVCS J SIMONEAUX 10/19-1/22/02
000093 99207 3721 23-Jan-02 $ 64.34 $ 64.34 LEGAL SVCS J JONES 12/18-1/22/02
000093 00152 3710 23-Jan-02 $ 886.07 $ 886.07 LEGAL SVCS B CRUMP 12/17-1/22/02
Page 3 of 5
INVOICE REMAINING
SUPPLIER NAME INVOICE NUMBER DATE AMOUNT AMOUNT INVOICE DESCRIPTION
- ------------- -------------- --------- ----------- ------------ ---------------------------
000093 01276 3718 23-Jan-02 $ 7,763.49 $ 7,763.49 LEGAL SVCS C BEVERLY 12/17-1/22/02
000093 01211 3716 23-Jan-02 $ 628.49 $ 628.49 LEGAL SVCS P BONNETTE 12/18-1/22/02
000093 01132 3735 24-Jan-02 $ 127.17 $ 127.17 LEGAL SVCS K HARTFORD 12/18-1/22/02
TOTAL FOR SUPPLIER: $ 11,414.17 $ 11,414.17
NANTAHAL RADIOLOGY ASSOC. PA 072401SMIT 24-Jul-01 $ 301.00 $ 301.00 MED SVCS W SMITH DOS 7/24/01
100901SMIT 9-Oct-01 $ 301.00 $ 301.00 MED SVCS W SMITH DOS 10/09/01
101001SMIT 10-Oct-01 $ 49.00 $ 49.00 MED SVCS W SMITH DOS 10/10/01
TOTAL FOR SUPPLIER: $ 651.00 $ 651.00
NEW ORLEANS PRIVATE PATROL
SERVICE, INC. 0038421-IN 10-Mar-02 $ 1,971.60 $ 1,971.60 SECURITY 3/1-10/02
NORONHA, JASON 4010382 30-Mar-02 $ 45.00 $ 45.00 REPLACE CK#4010382
NORTHWEST SOUND & SECURITY
TECH, INC. 3556 22-Mar-02 $ 693.50 $ 693.50
NTT/VERIO, INC -21 56598969 2-Feb-02 $ 30.33 $ 30.33
56386875 2-Jan-02 $ 70.00 $ 70.00
55730669 20-Oct-01 $ 135.67 $ 135.67
56167714 2-Dec-01 $ 70.00 $ 70.00
TOTAL FOR SUPPLIER: $ 306.00 $ 306.00
PAUL MEADOWS, TRUSTEE 123101 31-Dec-01 $ 4,646.31 $ 4,646.31 LAUDERDALE COUNTY PROPERTY TAX
PERRY COUNTY 123101 31-Dec-01 $ 544.04 $ 544.04 PROPERTY ADDRESS BL000400
PITNEY BOWES CREDIT CORP 2904903-TAXES 14-Mar-02 $ 566.79 $ 566.79 POSTAGE METER TAXES
2904903-MR02 14-Mar-02 $ 738.63 $ 738.63 POSTAGE METER
$ 1,305.42 $ 1,305.42
PROTECTION ONE 031302 13-Mar-02 $ 127.65 $ 127.65 ALARM MONITORING 4/1-30/02
SOMERSET REFINERY, INC. 12718B 25-Oct-01 $ 3,771.46 $ 0.01 PO#11923
SOUTHWESTERN BELL 0227 122401 24-Dec-01 $ (14.66) $ (14.66)314-436-0227-138-8
8922 120401 4-Dec-01 $ (7.62) $ (7.62)573 221-8922 555-7
TOTAL FOR SUPPLIER: $ (22.28) $ (22.28)
SPEED WHEELS EXPRESS 031502 15-Mar-02 $ 113.00 $ 113.00
SPEEDY PRINTING 18307 26-Mar-02 $ 454.02 $ 454.02
ST. JOHNS FABRICATORS, INC. 020312 25-Mar-01 $ 1,549.88 $ 1,549.88
STEWART COUNTY TRUSTEE 123101 31-Dec-01 $ 2,569.98 $ ,569.98 PROPERTY ADDRESS BL000400
Page 4 of 5
INVOICE REMAINING
SUPPLIER NAME INVOICE NUMBER DATE AMOUNT AMOUNT INVOICE DESCRIPTION
- ------------- -------------- --------- ----------- ------------ ---------------------------
TAX COLLECTOR 123101 31-Dec-01 $ 240.81 $ 240.81 PROPERTY ADDRESS BL000400
TENNESSEE SECRETARY OF STATE 123101 31-Dec-01 $ 900.00 $ 900.00
TREASURER, CITY OF MEMPHIS 123101 31-Dec-01 $ 2,626.70 $ 2,626.70 ACCOUNT NUMBER TBL000400
UNITED PARCEL SERVICE 0000709667102 9-Mar-02 $ 576.59 $ (576.59)
0000709667112 16-Mar-02 $ 601.81 $ (601.81)
TOTAL FOR SUPPLIER: $ 1,178.40 $ (1,178.40)
WAYNE COUNTY TRUSTEE 123101 31-Dec-01 $ 205.03 $ 205.03 PROPERTY ADDRESS BL000400
WIEK, CAPT. JAY 0401-0702 1-Apr-02 $ 720.00 $ 720.00 SECURITY CQ 4/1-7/02
WITHERS/SUDDATH RELOCATION
SYSTEMS INC. 145196 30-Oct-01 $ 1,040.00 $ 10.00 60 DOLLIE LOADS
WORKER'S COMPENSATION LEGAL
CLINIC OF LA 0615-101601 16-Oct-01 $ 126.00 $ 126.00 MILEAGE REIMB 6/13-10/16/01
TOTAL FOR LIABILITY ACCOUNT: $138,780.93 $ 132,653.93
TOTAL FOR REPORT: $138,780.93 $ 132,653.93
Page 5 of 5
DEBTOR: AMCV CRUISE OPERATIONS, INC. CASE NUMBER: 01-10967 (JCA)
PRELIMINARY MONTHLY OPERATING REPORT
AS OF MARCH 31, 2002
AND
FOR THE MONTH THEN ENDED
ATTACHMENT 9
NOTES TO MARCH MONTHLY OPERATING REPORT
The information contained herein is unaudited.
All assets presented herein continue to be held at historical book values, net
of accumulated depreciation or amortization. The Company has not attempted to
adjust its books to reflect fair market values of its assets, nor has it
attempted to adjust asset book values to reflect any potential impairments.
Liabilities included in these financial statements reflect amounts known by the
Company to have been incurred. The Company has listed in prior filings with the
United States Trustee potential additional claims it believes may be asserted
against the Company.
To the best of the Debtor's knowledge and belief, based on currently available
information, all Federal income and payroll taxes due and owing have been paid.
1. Prepaid insurance and accruals for self-insured claims were reconciled.
Results are reflected herein.
2. Asset sales were completed in the Florida offices, but the Louisiana
auction has been postponed. Final reconciliation will be performed
after all auctions are completed.