EXHIBIT 99.1
Form 1
TRANSMITTAL OF FINANCIAL REPORTS AND CERTIFICATION OF COMPLIANCE WITH OPERATING
REQUIREMENTS FOR THE PERIOD ENDED: APRIL 30, 2003
In re: American Architectural Products Corporation CASE NO: 00-43726
Debtor CHAPTER 11
Judge: Bodoh
As debtor in possession, I affirm:
1. That I have reviewed the financial statements attached hereto,
consisting of:
a. Operating Statement (Form 2)
b. Balance Sheet (Form 3)
c. Summary of Operations (Form 4)
d. Monthly Cash Statement (Form 5)
e. Statement of Compensation (Form 6)
and that they have been prepared in accordance with normal and
customary accounting practices, and fairly and accurately reflect the
debtor's financial activity for the period stated:
2. That the insurance as described in Section 4 of the Operating
Instructions and Reporting Requirements for Chapter 11 Cases IS in
effect except as follows:
The Company has been unsuccessful in its attempts to obtain
property insurance for the two unoccupied buildings owned by
Forte, Inc. since January 15, 2003. The fair values of these
properties are negligible.
3. That all post petition taxes as described in Sections 1 and 14 of the
Operating Instructions for Chapter 11 Cases ARE current.
4. No professional fees (attorney, accountant, etc.) have been paid
without specific court authorization.
I HEREBY CERTIFY, UNDER PENALTY OF PERJURY, THAT THE INFORMATION PROVIDED HEREIN
IS TRUE AND CORRECT TO THE BEST OF MY INFORMATION AND BELIEF.
May 30, 2003 /s/ Joseph Dominijanni
Date --------------------------------------
Joseph Dominijanni, President
Debtor in Possession
724-940-2330
Phone
AMERICAN ARCHITECTURAL PRODUCTS CORPORATION, ET.AL. CASE NUMBER 00-43276
NOTES:
Of the companies listed in the Notice of Bankruptcy Filing, the following
companies are not active:
AAPC Two Acquisition Company AAPC Three Acquisition Company
AAPC Four Acquisition Company AAPC Five Acquisition Company
AAPC Six Acquisition Company AGI Liquidation Company 2002; f/k/a
American Glassmith Company
AWS Liquidation Company 2002, BBP Liquidation Company 2002, f/k/a
f/k/a American Weather-Seal Binnings Building Products, Inc.
Company
Danvid Window Company Denver Window Company
Eagle Window and Door Center, Inc. E&T 2002 Liquidation Company, f/k/a
Eagle and Taylor Company
Forte, Inc. Fortified Window and Door Company,
f/k/a AAPC One Acquisition
Company
Modern Window Corporation Thermetic Glass, Inc.
VinylSource, Inc. WIG Liquidation Company
Operating and Monthly Cash Statements for the above companies have not been
prepared, as balances are zero. Any cash disbursements required by these
entities are processed through the Corporate Disbursement account.
AAPC One Acquisition Company was activated in July 2001 and was renamed
Fortified Window and Door Company.
The assets of Denver Window Company were sold in September 2001. The proceeds
from the sale were applied to the DIP Facility Term Loan with CIT Business
Credit.
Forte, Inc. is shut down with only clean-up issues remaining.
The assets of Binnings Pan American and TM Window and Door Company (Divisions of
Binnings Building Products) were sold February 14, 2002. Fifty percent of the
proceeds from the sale were applied to the DIP Facility Term Loan with CIT
Business Credit and the remaining fifty percent of the proceeds were applied to
the DIP Facility Revolver Loan with CIT Business Credit.
The assets of American Glassmith Company (n/k/a AGI 2002 Liquidation Company)
were sold effective March 22, 2002. Fifty percent of the proceeds from the sale
were applied to the DIP Facility Term Loan with CIT Business Credit and the
remaining fifty percent of the proceeds were applied to the DIP Facility
Revolver Loan with CIT Business Credit.
The assets of Eagle Window and Door Company, a division of Eagle and Taylor
Company (n/k/a E&T 2002 Liquidation Company) were sold May 6, 2002. A portion of
the proceeds from the sale were used to repay the total indebtedness under the
DIP Facility Agreement with CIT Business Credit. The remaining proceeds were
placed in a Dreyfus Government Cash Management Account with Fleet Bank.
New checking and lockbox accounts were established with National City Bank,
Cleveland, Ohio in June 2002. The Fleet Bank lockbox and checking were closed in
August 2002.
The assets of Thermetic Glass Inc. were sold August 23, 2002. The sale proceeds
were placed in a Dreyfus Government Cash Management Account with National City
Bank.
Certain assets of American Weather-Seal Company (n/k/a AWS Liquidation Company
2002) were sold December 6, 2002. The proceeds from the sale were placed in a
Dreyfus Government Cash Management Account with National City Bank.
Certain assets of Binnings Building Products Company (n/k/a BBP Liquidation
Company 2002) were sold December 31, 2002. The proceeds from the sale were
placed in a Dreyfus Government Cash Management Account with National City Bank.
The Company sold one building owned by AWS Liquidation Company on February 28,
2003. The proceeds from the sale were placed in a Dreyfus Government Cash
Management Account with National City Bank.
The Company has been unsuccessful in its attempts to obtain property insurance
for the two unoccupied buildings owned by Forte, Inc. since January 15, 2003.
The fair values of these properties are negligible.
The Company sold the assets of Danvid Window Company on April 1, 2003. The
proceeds from the sale were deposited in a Dreyfus Government Cash Management
Account with National City Bank.
In April 2003, the Company closed the Dreyfus Government Cash Management Account
and transferred the balance to an Investment Sweep Account with National City
Bank.
AMERICAN ARCHITECTURAL PRODUCTS CORPORATION
CASE # 00-43726 FORM 2
OPERATING STATEMENT
FOR THE MONTH ENDED APRIL 30, 2003
AMERICAN BINNINGS DANVID
AMERICAN WEATHER-SEAL BUILDING WINDOW EAGLE & TAYLOR
GLASSMITH INC. COMPANY PRODUCTS COMPANY COMPANY
-------------- ------------ -------- ------- -------
Net Sales $ - $ - $ - $(100,480) $ -
Cost of Sales - - - (77,290) -
-----------------------------------------------------------------------
Gross Profit - - - (23,190) -
Selling Expense - - - (3) -
General and Administrative Expenses - - - - -
-----------------------------------------------------------------------
Income (Loss) from Operations - - - (23,187) -
Interest Expense, net - - - -
Reorganization Costs - - - -
Other (Income) Expense (1,685) 45,627 (71,646) (664,183) 437,042
-----------------------------------------------------------------------
Income (Loss) Before Taxes 1,685 (45,627) 71,646 640,996 (437,042)
Income Taxes - - - - -
-----------------------------------------------------------------------
Net Income (Loss) $ 1,685 $ (45,627) $ 71,646 $ 640,996 $(437,042)
=======================================================================
DENVER EAGLE WINDOW
WINDOW AND DOOR THERMETIC
COMPANY CENTER INC. GLASS INC. FORTE, INC. CORPORATE
------- ------------ ---------- ----------- ---------
Net Sales $ - $ - $ - $ - $ -
Cost of Sales - - - - -
---------------------------------------------------------------------
Gross Profit - - - - -
Selling Expense - - - -
General and Administrative Expenses - - - - 180,777
---------------------------------------------------------------------
Income (Loss) from Operations - - - - (180,777)
Interest Expense, net - - - -
Reorganization Costs - - - - 87,767
Other (Income) Expense 250 250 (2,186) (7,157) (56,284)
---------------------------------------------------------------------
Income (Loss) Before Taxes (250) (250) 2,186 7,157 (212,260)
Income Taxes - - - - -
---------------------------------------------------------------------
Net Income (Loss) $ (250) $ (250) $ 2,186 $ 7,157 $(212,260)
=====================================================================
THE FOLLOWING COMPANIES ARE INACTIVE:
Fortified Window and Door, Inc. f.k.a. AAPC One Acquisition Corporation
AAPC Two Acquisition Corporation AAPC Three Acquisition Corporation
AAPC Three Acquisition Corporation AAPC Four Acquisition Corporation
AAPC Four Acquisition Corporation AAPC Five Acquisition Corporation
AAPC Five Acquisition Corporation AAPC Six Acquisition Corporation
AAPC Six Acquisition Corporation
Modern Window Company
Vinylsource, Inc.
WIG Liquidation Company
AMERICAN ARCHITECTURAL PRODUCTS CORPORATION
CASE # 00-43726 FORM 3
BALANCE SHEETS
APRIL 30, 2003
AMERICAN BINNINGS
AMERICAN WEATHER-SEAL BUILDING DANVID WINDOW
GLASSMITH INC. COMPANY PRODUCTS COMPANY
-------------- ------------ -------- -------
ASSETS
Cash $ - $ - $ - $ (6,107)
Accounts receivable - Pre-petition - - 9,161 -
Accounts receivable - Post-petition - - - -
------------------------------------------------------------------
Gross Accounts receivable - - 9,161 -
Less: Allowance for Doubtful Accounts - - - -
------------------------------------------------------------------
Net Accounts Receivable - - 9,161 -
Intercompany A/R-A/P - - - -
Inventories - - - -
Prepaid expenses and other current assets - - - 32,271
------------------------------------------------------------------
TOTAL CURRENT ASSETS - - 9,161 26,164
Property, plant & equipment, net - 852,880 - -
Deposits and other assets - - 1,502,640 -
------------------------------------------------------------------
TOTAL NON-CURRENT ASSETS - 852,880 1,502,640 -
------------------------------------------------------------------
$ - $ 852,880 $ 1,511,801 $ 26,164
==================================================================
LIABILITIES
Accounts payable - Pre-petition $ 516,488 $ 1,842,994 $ 2,913,563 $ 1,052,878
Accounts payable - Post-petition - - - -
------------------------------------------------------------------
Total Accounts payable 516,488 1,842,994 2,913,563 1,052,878
Accrued expenses - Other 25,685 596,420 933,791 283,249
Accrued expenses - Payroll - Post-petition - - - -
Current Portion of Long Term Debt - - - -
Current portion of capital lease obligations - - - -
------------------------------------------------------------------
TOTAL CURRENT LIABILITIES 542,173 2,439,414 3,847,354 1,336,127
Long-term capital lease obligations, less current portion - - - -
Intercompany investment 3,201,662 38,367,561 26,446,907 17,803,365
Intercompany payable/(receivable) (655,792) (10,169,557) 19,971,071 (7,138,244)
Accrued warranty obligations, less current portion - - - -
Other liabilities - - - -
------------------------------------------------------------------
TOTAL LONG-TERM LIABILITIES 2,545,870 28,198,004 46,417,978 10,665,121
------------------------------------------------------------------
TOTAL LIABILITIES 3,088,043 30,637,418 50,265,332 12,001,248
STOCKHOLDERS' EQUITY (DEFICIT)
Common stock, $.001 par, authorized 100,000 shares; - - - 765
Additional paid in capital - - - 1,008,849
Treasury stock - - - -
Retained earnings (3,088,043) (29,784,538) (48,753,531) (12,984,698)
------------------------------------------------------------------
TOTAL STOCKHOLDERS' EQUITY (DEFICIT) (3,088,043) (29,784,538) (48,753,531) (11,975,084)
------------------------------------------------------------------
$ - $ 852,880 $ 1,511,801 $ 26,164
==================================================================
EAGLE WINDOW
EAGLE & TAYLOR DENVER WINDOW AND DOOR
COMPANY COMPANY CENTER INC.
------- ------- -----------
ASSETS
Cash $ - $ - $ -
Accounts receivable - Pre-petition - - -
Accounts receivable - Post-petition - - -
------------------------------------------------
Gross Accounts receivable - - -
Less: Allowance for Doubtful Accounts - - -
------------------------------------------------
Net Accounts Receivable - - -
Intercompany A/R-A/P 713,303 (1,014,274) -
Inventories - - -
Prepaid expenses and other current assets 8,990 - -
------------------------------------------------
TOTAL CURRENT ASSETS 722,293 (1,014,274) -
Property, plant & equipment, net 300,000 - -
Deposits and other assets - - -
------------------------------------------------
TOTAL NON-CURRENT ASSETS 300,000 - -
------------------------------------------------
$ 1,022,293 $ (1,014,274) $ -
================================================
LIABILITIES
Accounts payable - Pre-petition $ 945,635 $ 31,372 $ 502
Accounts payable - Post-petition - - -
------------------------------------------------
Total Accounts payable 945,635 31,372 502
Accrued expenses - Other - - -
Accrued expenses - Payroll - Post-petition - - -
Current Portion of Long Term Debt - - -
Current portion of capital lease obligations - - -
------------------------------------------------
TOTAL CURRENT LIABILITIES 945,635 31,372 502
Long-term capital lease obligations, less current portion - - -
Intercompany investment 11,990,385 221,015 -
Intercompany payable/(receivable) (92,817,380) - 3,219,632
Accrued warranty obligations, less current portion - - -
Other liabilities - - -
------------------------------------------------
TOTAL LONG-TERM LIABILITIES (80,826,995) 221,015 3,219,632
------------------------------------------------
TOTAL LIABILITIES (79,881,360) 252,387 3,220,134
STOCKHOLDERS' EQUITY (DEFICIT)
Common stock, $.001 par, authorized 100,000 shares; 2,000 - -
Additional paid in capital - - -
Treasury stock - - -
Retained earnings 80,901,653 (1,266,661) (3,220,134)
------------------------------------------------
TOTAL STOCKHOLDERS' EQUITY (DEFICIT) 80,903,653 (1,266,661) (3,220,134)
------------------------------------------------
$ 1,022,293 $ (1,014,274) $ -
================================================
THERMETIC
GLASS INC. FORTE, INC. CORPORATE
---------- ----------- ---------
ASSETS
Cash $ - $ - $ 58,514,708
Accounts receivable - Pre-petition - - -
Accounts receivable - Post-petition - - 3,849
---------------------------------------------------
Gross Accounts receivable - - 3,849
Less: Allowance for Doubtful Accounts - - -
---------------------------------------------------
Net Accounts Receivable - - 3,849
Intercompany A/R-A/P - - -
Inventories - - -
Prepaid expenses and other current assets - - 465,187
---------------------------------------------------
TOTAL CURRENT ASSETS - - 58,983,744
Property, plant & equipment, net - 200,000 1,326,019
Deposits and other assets - - 538,868
---------------------------------------------------
TOTAL NON-CURRENT ASSETS - 200,000 1,864,887
---------------------------------------------------
$ - $ 200,000 $ 60,848,631
===================================================
LIABILITIES
Accounts payable - Pre-petition $ 31,321 $ - $ 902,474
Accounts payable - Post-petition - - 274,923
---------------------------------------------------
Total Accounts payable 31,321 - 1,177,397
Accrued expenses - Other 5,000 - 18,360,681
Accrued expenses - Payroll - Post-petition - - 65,009
Current Portion of Long Term Debt - - 132,500,000
Current portion of capital lease obligations - - -
---------------------------------------------------
TOTAL CURRENT LIABILITIES 36,321 - 152,103,087
Long-term capital lease obligations, less current portion - - -
Intercompany investment 4,201,527 366,907 (105,926,487)
Intercompany payable/(receivable) 6,434,983 17,346,112 63,808,572
Accrued warranty obligations, less current portion - - -
Other liabilities - - -
---------------------------------------------------
TOTAL LONG-TERM LIABILITIES 10,636,510 17,713,019 (42,117,915)
---------------------------------------------------
TOTAL LIABILITIES 10,672,831 17,713,019 109,985,172
STOCKHOLDERS' EQUITY (DEFICIT)
Common stock, $.001 par, authorized 100,000 shares; - 484,601 1,661,466
Additional paid in capital - 5,276,329 6,934,698
Treasury stock - - (100,000)
Retained earnings (10,672,831) (23,273,949) (57,632,705)
---------------------------------------------------
TOTAL STOCKHOLDERS' EQUITY (DEFICIT) (10,672,831) (17,513,019) (49,136,541)
---------------------------------------------------
$ - $ 200,000 $ 60,848,631
===================================================
THE FOLLOWING COMPANIES ARE INACTIVE:
Fortified Window and Door, Inc. f.k.a. AAPC One Acquisition Corporation
AAPC Two Acquisition Corporation AAPC Three Acquisition Corporation
AAPC Three Acquisition Corporation AAPC Four Acquisition Corporation
AAPC Four Acquisition Corporation AAPC Five Acquisition Corporation
AAPC Five Acquisition Corporation AAPC Six Acquisition Corporation
AAPC Six Acquisition Corporation
Modern Window Company
Vinylsource, Inc.
WIG Liquidation Company
Monthly Summary of Operations Form 4
DANVID WINDOW COMPANY Case Number 00-43726
Period Ended: APRIL 30, 2003
Schedule of Postpetition Taxes Payable
Beginning Accrued/ Payments/ Ending
Balance Withheld Deposits Balance
--------- -------- --------- -------
Income taxes withheld:
Federal $ - $ - $ - $ -
State - - - -
Local - -
FICA withheld - - - -
Employers FICA - - - -
Unemployment tax:
Federal - - - -
State - - - -
Sales, use & excise 67,121 - - 67,121
Property tax - - - -
Other taxes - - - -
-------------------------------------------------------
Total $67,121 $ - $ - $67,121
=======================================================
Aging of accounts receivable and post-petition accounts payable
Age in days 0-30 30-60 Over 60 Total
---- ----- ------- -----
Post petition
accounts payable $ - $ - $ - $ -
Accounts receivable $ - $ - $ - $ -
For post petition accounts payable over 30 days old, please attach a sheet
listing each such account, to whom the account is owed, the date the account was
opened, and the reason for non-payment of the account.
Monthly Summary of Operations Form 4
AMERICAN ARCHITECTURAL PRODUCTS CORPORATION -- CORPORATE
Period Ended: APRIL 30, 2003 Case Number 00-43726
Schedule of Postpetition Taxes Payable
Beginning Accrued/ Payments/ Ending
Balance Withheld Deposits Balance
------- -------- -------- -------
Income taxes withheld:
Federal $ - $ - $ - $ -
State - - - -
Local - - - -
FICA withheld - - - -
Employers FICA - - - -
Unemployment tax:
Federal - - - -
State - - - -
Sales, use & excise - - - -
Property tax - - - -
Other taxes - - - -
---------------------------------------------
Total $ - $ - $ - $ -
=============================================
Aging of accounts receivable and post-petition accounts payable
Age in days 0-30 30-60 Over 60 Total
---- ----- ------- -----
Post petition
accounts payable $ 212,979 $ - $ 61,944 $ 274,923
Accounts recievable Corporate does not hold Trade A/R
For post petition accounts payable over 30 days old, please attach a sheet
listing each such account, to whom the account is owed, the date the account was
opened, and the reason for non-payment of the account.
AMERICAN ARCHITECTURAL PRODUCTS CORP. Form 4
ACCOUNTS PAYABLE AGING DETAIL
APRIL 30, 2003 Case Number 00-43726
DATE NAME OPEN BALANCE
---------- ----------------------------------------- ------------
1 - 30
04/03/2003 Squire, Sanders & Dempsey LLP 99,433.50
04/03/2003 Squire, Sanders & Dempsey LLP 8,760.15
04/29/2003 Arter & Hadden LLP 6,967.27
04/10/2003 Howland Springs Water Co., Inc. 15.26
04/23/2003 Pacer Service Center 13.72
04/29/2003 State Workman's Insurance Fund 1,484.00
04/29/2003 Alliant Energy 39.40
04/24/2003 Merrill Lynch, Pierce, Fenner & Smith Inc 4,902.50
04/23/2003 Florida Surplus Lines Service Office 49.96
04/23/2003 Florida Surplus Lines Service Office 832.70
04/23/2003 Aqua Systems 26.45
03/13/2003 Kramer Levin Naftalis & Frankel LLP 16,555.50
03/13/2003 Kramer Levin Naftalis & Frankel LLP 707.87
03/13/2003 Kramer Levin Naftalis & Frankel LLP 21,115.00
03/13/2003 Kramer Levin Naftalis & Frankel LLP 503.55
03/20/2003 Kramer Levin Naftalis & Frankel LLP 50,995.50
03/20/2003 Kramer Levin Naftalis & Frankel LLP 581.81
04/08/2003 Corporate Express-Wexford (5.43)
----------
Total 1 - 30 212,978.71
31 - 60
Total 31 - 60
> 60
11/01/2000 Ameritech 553.51 In dispute
01/12/2001 ADP, Inc. 3,632.62 In dispute
Will be paid upon
03/28/2002 Kramer Levin Naftalis & Frankel LLP 47,609.21 confirmation and submission
of final fee application
Will be paid upon
12/16/2002 Squire, Sanders & Dempsey LLP 7,958.40 confirmation and submission
of final fee application
Will be paid upon
12/02/2002 Nadler Nadler & Burdman Co. 2,190.30 confirmation and submission
of final fee application
----------
Total > 60 61,944.04
----------
TOTAL 274,922.75
==========
DANVID WINDOW COMPANY Form 5
Monthly Cash Statement Case Number 00-43726
For the month ending April 30, 2003
General Payroll Lockbox
---------- -------- ---------
Beginning book balance $ (363,950) $ 25,892 $ 317,889
Receipts 27,122 - -
Transfers received 304,830 - 6,842
------------------------------------
Balance available (31,999) 25,892 324,730
Disbursements - - -
Transfers sent - - (324,730)
------------------------------------
Ending book balance $ (31,999) $ 25,892 $ 0
====================================
Attach copies of the most recent reconciled bank statements from each account.
GENERAL ACCOUNT:
Name and Address: National City Bank of PA
527 Chartiers Avenue
McKees Rocks, PA 15136
Account Number: 0658765843
PAYROLL ACCOUNT:
Name and Address: Bank of America
P.O. Box 798
Witchita, KS 67201
Account Number: 1390059896
LOCKBOX ACCOUNT:
Name and Address: National City Bank of PA
4100 West 150th Street
Cleveland, OH 44135
Account number: 951286
Other monies on hand (specify type and location) (I.e. CD's petty cash, etc.)
Date: May 30, 2003
Signature: /s/ Conni K. McIsaac
--------------------------
Debtor in Possession
DANVID WINDOW COMPANY Form 5
Case Number 00-43726
Daily Summary of Cash Receipts for the month of April 2003
Date General Payroll Lockbox
- ----------- --------- --------- -----------
1 $ - $ - $ -
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
Void Checks 27,122
-----------------------------------------------
Total $ 27,122 $ - $ -
===============================================
DANVID WINDOW COMPANY Form 5
Case Number 00-43726
Daily Summary of Cash Disbursements for the month of April 2003
Note: Disbursements equals checks written and other bank transfers.
Date General Payroll Lockbox
- ----------- --------- --------- -----------
1 $ - $ - $ -
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
-----------------------------------------------
Total $ - $ - $ -
===============================================
DANVID WINDOW COMPANY Form 5
Case Number 00-43726
Daily Summary of cash transfers for the month of April 2003 Disbursements from:
Date General Payroll Lockbox
- ----------- --------- --------- -----------
1 $ - $ - $ -
2 324,730
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
-----------------------------------------------
Total $ - $ - $ 324,730
===============================================
DANVID WINDOW COMPANY Form 5
Case Number 00-43726
Daily Summary of cash transfers for the month of April 2003 Disbursements to:
Date General Payroll Lockbox
- ----------- --------- --------- -----------
1 $ 13,284 $ 6,842
2 21,607
3 34,799
4 100,653
5 -
6 -
7 67,579
8 10,856
9 12,579
10 32,806
11 4,514
12 -
13 -
14 387
15 1,741
16 295
17 1,325
18 370
19 -
20 -
21 25
22 565
23
24 -
25 100
26 200
27 -
28
29 1,145
30
31
-----------------------------------------------
Total $ 304,830 $ - $ 6,842
===============================================
AMERICAN ARCHITECTURAL PRODUCTS CORPORATION -- CORPORATE Form 5
MONTHLY CASH STATEMENT Case Number 00-43726
FOR THE MONTH ENDED APRIL 30, 2003
NATIONAL CITY NATIONAL CITY NATIONAL CITY EURO
DISBURSEMENT LOCKBOX DISBURSEMENT INVESTMENT OVERNIGHT
------------- ------- ------------- ------------- ----------
BEGINNING BOOK BALANCE $ (9,535) $ - $ 259,337 $ 50,264,773 $ 2,469,000
ADJUSTMENT - - - - -
RECEIPTS - 6,156,706 6,066 45,503 -
TRANSFERS RECEIVED 145,623 - 8,625,706 57,740,000 -
---------------------------------------------------------------------------
BALANCE AVAILABLE 136,088 6,156,706 8,891,108 108,050,276 2,469,000
DISBURSEMENTS (182,634) - (640,716) - -
TRANSFERS SENT - (6,156,706) (7,475,227) (50,264,773) (2,469,000)
---------------------------------------------------------------------------
ENDING BOOK BALANCE $ (46,546) $ - $ 775,164 $ 57,785,503 $ -
===========================================================================
Attach copies of the most recent reconciled bank statements from each account.
DISBURSEMENT ACCOUNT:
Name & Address National City Bank
527 Chartiers Ave.
McKees Rocks, Pa 15136
Account Number 658765800 Based on account availability National City Bank invests the
balance in an overnight Euro Investment
LOCKBOX ACCOUNT:
Name & Address National City Bank
PO Box 951288
Cleveland, Ohio 44193
Account number 951288
INVESTMENT ACCOUNT
Name and Address Dreyfus Gov't Cash Management Account
National City Bank
Pittsburgh, Pa. 15222
Account Number 4603941
Other monies on hand (specify type and location) (I.e. CD's petty cash, etc.)
PETTY CASH: $ 587
Date: May 30, 2003
Signature: /s/ Conni K. McIsaac
---------------------------
Debtor in Possession
AMERICAN ARCHITECTURAL PRODUCTS CORPORATION -- CORPORATE Form 5
Case Number 00-43726
Daily Summary of Cash Receipts for the month of April 2003
Date Disbursement Lockbox Investment Investment
- ---- ------------ ------- ---------- ----------
1 $ - $ 5,556,401 $ - $ -
2 344,756
3 -
4 -
5 -
6 -
7 43,163
8 13,784
9 62,918
10 -
11 776
12 -
13 -
14 -
15
16
17 -
18 112,227
19 -
20 -
21 -
22 -
23 -
24 20,748
25 -
26 -
27 -
28 1,934
29
30
31 -
Interest 6,066 45,503
---------------------------------------------------
Total $ - $ 6,156,706 $ 6,066 $ 45,503
===================================================
AMERICAN ARCHITECTURAL PRODUCTS CORPORATION -- CORPORATE CASE NUMBER Form 5
Case Number 00-43726
Daily Summary of Cash Disbursements for the month of April 2003
Note: Disbursements equal checks written and other payments to vendors.
NATIONAL CITY NATIONAL CITY
DATE CHECKS LOCKBOX INVESTMENT DISBURSEMENT
- ---- ------ ------- ---------- ------------
1 $ - $ - $ - $ 30,162
2 71 22,752
3 - 35,335
4 6,101 111,266
5 -
6 -
7 - 73,768
8 26,827
9 71,698
10 28,111 61,951
11 6,831
12 -
13 -
14 - 26,255
15 9,364
16 1,817
17 46,320 1,325
18 886
19 -
20 -
21 - 284
22 38,079
23 44,844
24 1,589
25 62,296 12,430
26 -
27 - -
28 - 1,258
29 30,641
30 39,735 29,137
31 - -
UPS
NSF Checks 153
Analysis charge 2,065
-------------------------------------------------
Total $182,634 $ - $ - $640,716
=================================================
AMERICAN ARCHITECTURAL PRODUCTS CORPORATION -- CORPORATE Form 5
Case Number 00-43726
Daily Summary of cash transfers for the month of April 2003
Note: Transfers represent funds transferred from/to other Bank Accounts
TRANSFERRED FROM: NATIONAL CITY EURO NATIONAL CITY
DATE DISBURSEMENT LOCKBOX INVESTMENT OVERNIGHT DISBURSEMENT
---- ------------ ------- ---------- ----------- ------------
1 $ - $ 5,556,401 $ - $ - $ -
2 344,756 (5,700,000)
3 -
4 -
5 -
6 -
7 43,163
8 13,784
9 62,918
10 -
11 776
12 -
13 -
14 -
15
16
17 -
18 112,227
19 -
20 -
21 -
22
23
24 20,748
25 -
26 -
27 -
28 1,934 55,964,773 2,469,000
29
30
31 -
To Disbursement account
Interest
Adj for Euro month end difference -
To Investment Account 7,475,227
-----------------------------------------------------------------------
Total $ - $ 6,156,706 $50,264,773 $ 2,469,000 $7,475,227
=======================================================================
AMERICAN ARCHITECTURAL PRODUCTS CORPORATION -- CORPORATE Form 5
Case Number 00-43726
Daily Summary of cash transfers for the month of April 2003
Note: Transfers represent funds transferred from/to other Bank Accounts
TRANSFERRED TO: NATIONAL CITY EURO NATIONAL CITY
DATE DISBURSEMENT LOCKBOX INVESTMENT OVERNIGHT DISBURSEMENT
---- ------------ ------- ---------- --------- -------------
1 $ 7,760.38 $ - $ - $ - $5,556,400.78
2 1,145 344,756
3 536 -
4 1,280 -
5 - -
6 - -
7 327 43,163
8 578 13,784
9 4,748 62,918
10 224 -
11 724 776
12 - -
13 - -
14 25,868 -
15 411 -
16 1,522 -
17 - -
18 516 112,227
19 - -
20 - -
21 259 -
22 25,817
23 3,629
24 1,589 20,748
25 12,330 -
26 - -
27 - -
28 1,058 1,934
29 26,165
30 29,137 57,740,000
31 - -
From Investment Account
Interest
Adj for Euro month-end difference 2,469,000
To investment account
-------------------------------------------------------------------
Total $ 145,623 $ - $ 57,740,000 $ - $ 8,625,706
===================================================================
AMERICAN ARCHITECTURAL PRODUCTS CORPORATION -- CORPORATE Form 5
MONTHLY BANK RECONCILIATION - NATIONAL CITY DISBURSEMENT ACCOUNT
APRIL 30, 2003 Case Number 00-43726
Balance per Bank $775,163.93
Less: Outstanding Checks
04/17/03 8327 1,500.00
04/17/03 8331 1,256.00
04/25/03 2338 650.00
04/25/03 8340 103.71
04/25/03 8342 782.60
04/25/03 8343 4,190.50
04/25/03 8345 38.01
04/25/03 8346 146.33
04/25/03 8347 140.93
04/30/03 8352 17.25
04/30/03 8353 1,278.65
04/30/03 8354 186.55
04/30/03 8355 945.93
04/30/03 8356 6,877.00
04/30/03 8357 3,190.00
04/30/03 8358 36.85
04/30/03 8359 214.47
04/30/03 8360 45.78
04/30/03 8361 350.83
04/30/03 8362 344.99
04/30/03 8363 10,000.00
04/30/03 8364 250.00
04/30/03 8365 250.00
04/30/03 8366 250.00
04/30/03 8367 250.00
04/30/03 8368 250.00
04/30/03 8369 250.00
04/30/03 8370 250.00
04/30/03 8371 250.00
04/30/03 8372 250.00
04/30/03 8373 10,000.00
04/30/03 8374 250.00
04/30/03 8375 250.00
04/30/03 8376 250.00
04/30/03 8377 250.00
04/30/03 8378 250.00
04/30/03 8379 250.00
04/30/03 8380 250.00
04/30/03 8381 250.00
---------
46,546.38
-----------
Balance per Books @ 4/30/03 $728,617.55
===========
National City Disbursements Corp (46,546.38)
National City Disbursements Subs 775,163.93
-----------
$728,617.55
===========
Note: National City Lockbox, Investment and Euro Overnight account book balances
agree to bank balances.
MONTHLY STATEMENT OF COMPENSATION FORM 6 (6/92)
For the Period : April 1 thru April 30, 2003
The following is to be provided for each shareholder, officer, director,
manager, insider, or owner that is employed by the debtor in possession. Attach
additional pages if necessary.
Name: GEORGE HOFMEISTER Capacity: --------- Principal
--------- Officer
X Director
=========
--------- Insider
Detailed Description of Duties: CHAIRMAN OF THE BOARD
Current Compensation Paid: NONE Weekly or Monthly
--------- ----------
Current Benefits Received: NONE Weekly or Monthly
Health Insurance --------- ----------
Life Insurance --------- ----------
Retirement --------- ----------
Company Vehicle --------- ----------
Entertainment --------- ----------
Travel --------- ----------
Other Benefits --------- ----------
CURRENT TOTAL: NONE
Weekly or Monthly
--------- ----------
Dated: _________ _________ _________ ________________
Principal, Officer, Director, Insider
MONTHLY STATEMENT OF COMPENSATION FORM 6 (6/92)
For the Period : April 1 thru April 30, 2003
The following is to be provided for each shareholder, officer, director,
manager, insider, or owner that is employed by the debtor in possession. Attach
additional pages if necessary.
Name: JOSEPH DOMINIJANNI Capacity: --------- Principal
X Officer
=========
X Director
=========
--------- Insider
Detailed Description of Duties: INTERIM PRESIDENT AND CEO TREASURER
Current Compensation Paid: Weekly or Monthly
25,000.00
------ =========
Current Benefits Received: Weekly or Monthly
Health Insurance ------ -
Life & Disability Insurance 415.75
------ ---------
Retirement ------ -
Company Vehicle 650.00
------ ---------
Entertainment ------ ---------
Travel, Food, Lodging ------ ---------
Other Benefits ------ ---------
CURRENT TOTAL:
Weekly or Monthly
26,065.75
------ =========
Dated: _________ _______ _________ _________________
Principal, Officer, Director, Insider
MONTHLY STATEMENT OF COMPENSATION FORM 6 (6/92)
For the Period : April 1 thru April 30, 2003
The following is to be provided for each shareholder, officer, director,
manager, insider, or owner that is employed by the debtor in possession. Attach
additional pages if necessary.
Name: JONATHAN K. SCHOENIKE Capacity: --------- Principal
X Officer
=========
--------- Director
--------- Insider
Detailed Description of Duties: GENERAL COUNSEL AND SECRETARY
Current Compensation Paid: Weekly or Monthly
13,333.34
------ =========
Current Benefits Received: Weekly or Monthly
Health Insurance ------ -
Life & Disability Insurance 153.75
------ =========
Retirement ------ -
Company Vehicle 450.00
------ =========
Entertainment -
------ ---------
-
------ ---------
Travel, Food, Lodging -
------ ---------
Other Benefits 167.29 cell phone, legal manual
------ ---------
CURRENT TOTAL:
Weekly or Monthly
14,104.38
------ =========
Dated: _________ _________ ________ __________________
Principal, Officer, Director, Insider
MONTHLY STATEMENT OF COMPENSATION FORM 6 (6/92)
For the Period : April 1 thru April 30, 2003
The following is to be provided for each shareholder, officer, director,
manager, insider, or owner that is employed by the debtor in possession. Attach
additional pages if necessary.
Name: DOUGLAS J. THOMAS Capacity: --------- Principal
X Officer
=========
--------- Director
--------- Insider
Detailed Description of Duties: CHIEF FINANCIAL OFFICER
Current Compensation Paid: Weekly or Monthly
10,624.50
------ =========
Current Benefits Received: Weekly or Monthly
Health Insurance ------ ---------
Life Insurance ------ ---------
Retirement ------ ---------
Company Vehicle ------ ---------
Entertainment ------ ---------
Travel, Food, Lodging ------ ---------
Other Benefits ------ ---------
CURRENT TOTAL:
Weekly or Monthly
10,624.50
------ =========
Dated: _________ _________ ____________ ____________
Principal, Officer, Director, Insider
MONTHLY STATEMENT OF COMPENSATION FORM 6 (6/92)
For the Period : April 1 thru April 30, 2003
The following is to be provided for each shareholder, officer, director,
manager, insider, or owner that is employed by the debtor in possession. Attach
additional pages if necessary.
Name: DAVID J. WOLFE, JR. Capacity: --------- Principal
X Officer
=========
--------- Director
--------- Insider
Detailed Description of Duties: ASSISTANT GENERAL COUNSEL AND ASSISTANT
SECRETARY
Current Compensation Paid: Weekly or Monthly
7,148.34
------ ========
Current Benefits Received: Weekly or Monthly
Health Insurance ------ -
Life & Disability Insurance 117.85
------ ========
Retirement ------ -
Company Vehicle 300.00
------ ========
Entertainment -
------ ========
Travel, Food, Lodging -
------ ========
Other Benefits 160.45 cell phone, reimburse interest on taxes
------ ========
CURRENT TOTAL:
Weekly or Monthly
7,726.64
------ ========
Dated: _________ _________ ____________ ____________
Principal, Officer, Director, Insider