EXHIBIT 99.7 DEBTOR: DELTA QUEEN COASTAL VOYAGES, L.L.C. CASE NUMBER: 01-10964 (JWV) MONTHLY OPERATING REPORT AS OF NOVEMBER 30, 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 November Monthly Operating Report (Attachments 1 through 9) and, to the best of my knowledge, these documents are true, correct, and complete. /s/ STEVE MOELLER - -------------------- Steve Moeller Director, Accounting DEBTOR: DELTA QUEEN COASTAL VOYAGES, L.L.C. CASE NUMBER: 01-10964 (JWV) MONTHLY OPERATING REPORT AS OF NOVEMBER 30, 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 November Monthly Operating Report Summary Of Bank And Investment Accounts Attachment 1 Delta Queen Coastal Voyages, L.L.C. Summary Case No: 01-10964 (EIK) UNAUDITED Delta Queen Coastal Voyages, LLC For Month Of November, 2002 <Table> <Caption> Balances ----------------------------------- Receipts & Bank Opening Closing Disbursements Statements Account Account As Of 11/01/02 As Of 11/30/02 Included Included Reconciled - ------- -------------- -------------- ------------- ---------- ---------- No Bank Or Investment NA NA NA NA NA Accounts </Table> Receipts & Disbursements Attachment 2 Delta Queen Coastal Voyages, L.L.C. Summary Case No: 01-10964 (EIK) Delta Queen Coastal For Month Of November, 2002 Voyages, LLC Attach 2 No Receipts Or Disbursements Due To No Bank Or Investment Accounts Concentration & Investment Account Statements Attachment 3 Delta Queen Coastal Voyages, L.L.C. Summary Case No: 01-10964 (EIK) Delta Queen Coastal For Month Of November, 2002 Voyages, LLC Attach 3 No Statements Due To No Concentration Or Investment Accounts AMCV US SET OF BOOKS Date: 11-DEC-02 16:48:26 INCOME STATEMENT - ATTACHMENT 4 Page: 1 Current Period: NOV-02 currency USD Company=30 (DELTA QUEEN COAST VOY) <Table> <Caption> PTD-Actual 30-Nov-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 Sales & Marketing 0.00 Start-Up Costs 0.00 ----------- Total SG&A Expenses 0.00 ----------- EBITDA 0.00 Depreciation 0.00 ----------- Operating Income 0.00 Other Expense/(Income) Interest Income 0.00 Equity in Earnings for Sub (1,570.88) Reorganization expenses 0.00 ----------- Total Other Expense/(Income) 1,570.88 ----------- Net Pretax Income/(Loss) (1,570.88) Income Tax Expense 0.00 ----------- Net Income/(Loss) (1,570.88) =========== </Table> AMCV US SET OF BOOKS Date: 11-DEC-02 16:54:07 BALANCE SHEET - ATTACHMENT 5 Page: 1 Current Period: NOV-02 currency USD Company=30 (DELTA QUEEN COAST VOY) <Table> <Caption> YTD-Actual YTD-Actual 30-Nov-02 22-Oct-01 ----------------- ---------------- ASSETS Cash and Equivalent 0.00 0.00 Restricted Cash 0.00 0.00 Accounts Receivable 0.00 0.00 Inventories 0.00 0.00 Prepaid Expenses 0.00 0.00 Other Current Assets 0.00 0.00 ----------------- ---------------- Total Current Assets 0.00 0.00 Fixed Assets 0.00 0.00 Accumulated Depreciation 0.00 0.00 ----------------- ---------------- Net Fixed Assets 0.00 0.00 Net Goodwill 0.00 0.00 Intercompany Due To/From (412,107.06) (411,482.06) Net Deferred Financing Fees 0.00 0.00 Net Investment in Subsidiaries (95,932,537.48) (12,652,491.22) ----------------- ---------------- Total Other Assets (96,344,644.54) (13,063,973.28) ----------------- ---------------- Total Assets (96,344,644.54) (13,063,973.28) ================= ================ </Table> AMCV US SET OF BOOKS Date: 11-DEC-02 16:54:07 BALANCE SHEET - ATTACHMENT 5 Page: 2 Current Period: NOV-02 currency USD Company=30 (DELTA QUEEN COAST VOY) <Table> <Caption> YTD-Actual YTD-Actual 30-Nov-02 22-Oct-01 ---------------- --------------- LIABILITIES Accounts Payable 0.00 0.00 Accrued Liabilities 0.00 0.00 Deposits 0.00 0.00 ---------------- --------------- Total Current Liabilities 0.00 0.00 Long Term Debt 0.00 0.00 Other Long Term Liabilities (2,896,625.10) (2,896,625.10) ---------------- --------------- Total Liabilities (2,896,625.10) (2,896,625.10) Liabilities Subject to Compromise 0.00 0.00 OWNER'S EQUITY Common Stock 0.00 0.00 Add'l Paid In Capital 0.00 0.00 Current Net Income (Loss) (82,586,375.15) (6,703,754.04) Retained Earnings (10,861,644.29) (3,463,594.14) ---------------- --------------- Total Owner's Equity (93,448,019.44) (10,167,348.18) ---------------- --------------- Total Liabilities & Equity (96,344,644.54) (13,063,973.28) ================ =============== </Table> Delta Queen Coastal ATTACHMENT 6 01-10964(JWV) Voyages, LLC Summary List of Due To/Due From Accounts For the Month Ended November 30, 2002 <Table> <Caption> BEGINNING ENDING AFFILIATE NAME CASE NUMBER BALANCE DEBITS CREDITS BALANCE American Classic Voyages Co. 01-10954 (934,299.38) -- -- (934,299.38) AMCV Cruise Operations, Inc. 01-10967 190,721.38 -- -- 190,721.38 The Delta Queen Steamboat Co. 01-10970 882,015.56 840.59 2,427.34 880,428.81 Great AQ Steamboat, L.L.C 01-10960 (144,264.37) -- -- (144,264.37) Great Pacific NW Cruise Line, L.L.C 01-10977 (118,887.26) -- -- (118,887.26) Great River Cruise Line, L.L.C 01-10963 (18,978.71) -- -- (18,978.71) Great Ocean Cruise Line, L.L.C 01-10959 (85,950.95) -- -- (85,950.95) Cape Cod Light, L.L.C 01-10962 5,738.80 -- -- 5,738.80 Cape May Light, L.L.C 01-10961 (188,202.13) 2,427.34 840.59 (186,615.38) ---------------------------------------------------------------- (412,107.06) 3,267.93 3,267.93 (412,107.06) ================================================================ </Table> Delta Queen Coastal Voyages, LLC 01-10964 (JWV) Accounts Receivable Aging As of November 30, 2002 Attachment 7 Not Applicable Delta Queen Coastal Voyages, LLC 01-10964 (JWV) Accounts Payable Detail As of November 30, 2002 Attachment 8 Not Applicable DEBTOR: DELTA QUEEN COASTAL VOYAGES, LLC CASE NUMBER: 01-10964 (JWV) MONTHLY OPERATING REPORT AS OF NOVEMBER 30, 2002 AND FOR THE MONTH THEN ENDED ATTACHMENT 9 NOTES TO NOVEMBER MONTHLY OPERATING REPORT The information contained herein is unaudited. 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. Other long-term liabilities consists of deferred tax assets and liabilities, net. Deferred tax assets and liabilities have been recognized for the expected future tax consequences of temporary differences between carrying amounts and the tax basis of assets and liabilities. The Debtor has not recorded adjustments to these amounts pending the outcome of Chapter 11 proceedings.