EXHIBIT 99.1
Form 1
TRANSMITTAL OF FINANCIAL REPORTS AND CERTIFICATION OF COMPLIANCE WITH
OPERATING REQUIREMENTS FOR THE PERIOD ENDED: JUNE 30, 2003
In re: American Architectural Products Corporation CASE NO: 00-43726
------------------------------------------- CHAPTER 11
Debtor 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 except as follows:
On June 26, 2003, the Company paid Baker & McKenzie, Attorneys at
Law, $124,698.36, for services rendered to United States Trust
Company of New York, and the Bank of New York as successor
trustee through May 26, 2003 in connection with American
Architectural Products Corporation, in accordance with the United
States Trust Company of New York's Proof of Claim dated May 24,
2001.
I HEREBY CERTIFY, UNDER PENALTY OF PERJURY, THAT THE INFORMATION PROVIDED HEREIN
IS TRUE AND CORRECT TO THE BEST OF MY INFORMATION AND BELIEF.
July 16, 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, f/k/a BBP Liquidation Company 2002, f/k/a
American Weather-Seal Company Binnings Building Products, Inc.
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 JUNE 30, 2003
AMERICAN BINNINGS DENVER EAGLE WINDOW
AMERICAN WEATHER-SEAL BUILDING WINDOW EAGLE & TAYLOR WINDOW AND DOOR
GLASSMITH INC. COMPANY PRODUCTS COMPANY COMPANY COMPANY CENTER INC.
-------------- ------------ -------- ------- -------------- -------- -------------
Net Sales $ - $ - $ - $ - $ - $ - $ -
Cost of Sales - - - - - - -
---------------------------------------------------------------------------------------------------
Gross Profit - - - - - - -
Selling Expense - - - - - - -
General and
Administrative Expenses - - - - - - -
---------------------------------------------------------------------------------------------------
Income (Loss) from
Operations - - - - - - -
Interest Expense, net - - - - - - -
Reorganization Costs - - - - - - -
Other (Income) Expense (532) (833) (44,290) (52,827) (40,422) - 1,000
---------------------------------------------------------------------------------------------------
Income (Loss) Before Taxes 532 833 44,290 52,827 40,422 - (1,000)
Income Taxes - - - - - - -
---------------------------------------------------------------------------------------------------
Net Income (Loss) $ 532 $ 833 $ 44,290 $ 52,827 $ 40,422 $ - $ (1,000)
===================================================================================================
THERMETIC
GLASS INC. FORTE, INC. CORPORATE
---------- ----------- ---------
Net Sales $ - $ - $ -
Cost of Sales - - -
-------------------------------------
Gross Profit - - -
Selling Expense - - -
General and
Administrative Expenses - - 177,193
-------------------------------------
Income (Loss) from
Operations - - (177,193)
Interest Expense, net - - -
Reorganization Costs - - 115,374
Other (Income) Expense 1,354 (7,857) (214,211)
-------------------------------------
Income (Loss) Before Taxes (1,354) 7,857 (78,356)
Income Taxes - - -
-------------------------------------
Net Income (Loss) $ (1,354) $ 7,857 $ (78,356)
=====================================
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
JUNE 30, 2003
AMERICAN BINNINGS DANVID
AMERICAN WEATHER-SEAL BUILDING WINDOW
GLASSMITH INC. COMPANY PRODUCTS COMPANY
-------- ---------- --------- -----------
ASSETS
Cash $ - $ - $ - $ 8,489
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 40,760
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 $ 40,760
================================================================
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 25,685 539,832 876,771 168,626
Accrued expenses - Payroll -- Post-petition - - - -
Current Portion of Long Term Debt - - - -
Current portion of capital lease obligations - - - -
----------------------------------------------------------------
TOTAL CURRENT LIABILITIES 542,173 2,382,826 3,790,334 1,221,504
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) (655,995) (10,124,757) 19,934,867 (7,120,982)
Accrued warranty obligations, less current portion - - - -
Other liabilities - - - -
----------------------------------------------------------------
TOTAL LONG-TERM LIABILITIES 2,545,667 28,242,804 46,381,774 10,682,383
----------------------------------------------------------------
TOTAL LIABILITIES 3,087,840 30,625,630 50,172,108 11,903,887
STOCKHOLDERS' EQUITY (DEFICIT)
Common stock, $.001 par, authorized 100,000 shares; - - - 765
Additional paid in capital - - - 1,008,849
Treasury stock - - - -
Retained earnings (3,087,840) (29,772,750) (48,660,307) (12,872,741)
----------------------------------------------------------------
TOTAL STOCKHOLDERS' EQUITY (DEFICIT) (3,087,840) (29,772,750) (48,660,307) (11,863,127)
----------------------------------------------------------------
$ - $ 852,880 $ 1,511,801 $ 40,760
================================================================
- -
DENVER EAGLE WINDOW
EAGLE & TAYLOR WINDOW AND DOOR THERMETIC
COMPANY COMPANY CENTER INC. GLASS INC. FORTE, 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 713,751 (1,014,274) - - -
Inventories - - - - -
Prepaid expenses and other current assets 8,990 - - - -
---------------------------------------------------------------------
TOTAL CURRENT ASSETS 722,741 (1,014,274) - - -
Property, plant & equipment, net 300,000 - - - 200,000
Deposits and other assets - - - - -
---------------------------------------------------------------------
TOTAL NON-CURRENT ASSETS 300,000 - - - 200,000
---------------------------------------------------------------------
$ 1,022,741 $ (1,014,274) $ - $ - $ 200,000
=====================================================================
LIABILITIES
Accounts payable -- Pre-petition $ 945,635 $ 31,372 $ 502 $ 31,321 $ -
Accounts payable -- Post-petition - - - - -
---------------------------------------------------------------------
Total Accounts payable 945,635 31,372 502 31,321 -
Accrued expenses - Other - - - 5,000 -
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 36,321 -
Long-term capital lease obligations, less current portion - - - - -
Intercompany investment 11,990,385 221,015 - 4,201,527 366,907
Intercompany payable/(receivable) (92,857,074) - 3,215,850 6,444,424 17,330,360
Accrued warranty obligations, less current portion - - - - -
Other liabilities - - - - -
---------------------------------------------------------------------
TOTAL LONG-TERM LIABILITIES (80,866,689) 221,015 3,215,850 10,645,951 17,697,267
---------------------------------------------------------------------
TOTAL LIABILITIES (79,921,054) 252,387 3,216,352 10,682,272 17,697,267
STOCKHOLDERS' EQUITY (DEFICIT)
Common stock, $.001 par, authorized 100,000 shares; 2,000 - - - 484,601
Additional paid in capital - - - - 5,276,329
Treasury stock - - - - -
Retained earnings 80,941,795 (1,266,661) (3,216,352) (10,682,272) (23,258,197)
---------------------------------------------------------------------
TOTAL STOCKHOLDERS' EQUITY (DEFICIT) 80,943,795 (1,266,661) (3,216,352) (10,682,272) (17,497,267)
---------------------------------------------------------------------
$ 1,022,741 $ (1,014,274) $ - $ - $ 200,000
=====================================================================
- - - - -
CORPORATE
--------------
ASSETS
Cash $ 57,868,159
Accounts receivable -- Pre-petition -
Accounts receivable -- Post-petition 14,943
---------------
Gross Accounts receivable 14,943
Less: Allowance for Doubtful Accounts -
---------------
Net Accounts Receivable 14,943
Intercompany A/R-A/P -
Inventories -
Prepaid expenses and other current assets 515,449
---------------
TOTAL CURRENT ASSETS 58,398,551
Property, plant & equipment, net 1,325,089
Deposits and other assets 517,796
---------------
TOTAL NON-CURRENT ASSETS 1,842,885
---------------
$ 60,241,436
===============
LIABILITIES
Accounts payable -- Pre-petition $ 902,474
Accounts payable -- Post-petition 232,718
---------------
Total Accounts payable 1,135,192
Accrued expenses - Other 18,253,511
Accrued expenses - Payroll -- Post-petition 58,238
Current Portion of Long Term Debt 132,500,000
Current portion of capital lease obligations -
---------------
TOTAL CURRENT LIABILITIES 151,946,941
Long-term capital lease obligations, less current portion -
Intercompany investment (105,926,487)
Intercompany payable/(receivable) 63,832,707
Accrued warranty obligations, less current portion -
Other liabilities -
---------------
TOTAL LONG-TERM LIABILITIES (42,093,780)
---------------
TOTAL LIABILITIES 109,853,161
STOCKHOLDERS' EQUITY (DEFICIT)
Common stock, $.001 par, authorized 100,000 shares; 1,661,466
Additional paid in capital 6,934,698
Treasury stock (100,000)
Retained earnings (58,107,889)
---------------
TOTAL STOCKHOLDERS' EQUITY (DEFICIT) (49,611,725)
---------------
$ 60,241,436
===============
-
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
AMERICAN ARCHITECTURAL PRODUCTS CORPORATION -- CORPORATE
Period Ended: JUNE 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 $ 131,021 $ 22,020 $ 79,677 $ 232,718
Accounts recievable $ 14,943 $ - $ - $ 14,943
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.
Form 4
AMERICAN ARCHITECTURAL PRODUCTS CORP.
ACCOUNTS PAYABLE AGING DETAIL
JUNE 30, 2003
Case Number 00-43726
DATE NAME OPEN BALANCE
---------------- ----------------------------- ---------------
31 - 60
04/03/2003 Squire, Sanders & Dempsey LLP $ 19,886.70
05/29/2003 Danvid Window 2,132.92
---------------
Total 31 - 60 22,019.62
greater than 60
11/01/2000 Ameritech $ 553.51 In dispute
01/12/2001 ADP, Inc. 3,632.62 In dispute
03/28/2002 Kramer Levin
Naftalis & Frankel LLP 65,342.41 Will be paid upon confirmation and
12/16/2002 Squire, submission of final fee application
Sanders & Dempsey LLP 7,958.40 Will be paid upon confirmation and
submission of final fee application
12/02/2002 Nadler Nadler & Burdman Co. 2,190.30 Will be paid upon confirmation and
-------------- submission of final fee application
Total greater than 60 79,677.24
--------------
$ 101,696.86
==============
AMERICAN ARCHITECTURAL PRODUCTS CORPORATION -- CORPORATE Form 5
MONTHLY CASH STATEMENT Case Number 00-43726
FOR THE MONTH ENDED JUNE 30, 2003
NATIONAL CITY NATIONAL CITY NATIONAL CITY
DISBURSEMENT LOCKBOX DISBURSEMENT INVESTMENT
------------ ------- ------------ ----------
Beginning book balance $ (11,179) $ - $ 775,574 $ 57,557,000
Adjustment - - - -
RECEIPTS - 170,965 61,001 -
TRANSFERS RECEIVED 245,689 - 470,965 -
-----------------------------------------------------------------------------------
BALANCE AVAILABLE 234,511 170,965 1,307,541 57,557,000
DISBURSEMENTS (449,809) - (481,676) -
TRANSFERS SENT - (170,965) - (300,000)
-----------------------------------------------------------------------------------
ENDING BOOK BALANCE $(215,298) $ - $ 825,865 $ 57,257,000
===================================================================================
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: $ 592
Date: July 16, 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 June 2003
DATE NATIONAL CITY NATIONAL CITY NATIONAL CITY
----- CHECKS LOCKBOX INVESTMENT DISBURSEMENT
-------------------------------------------------------------------------
1
2
3
4
5 17,215
6
7
8
9
10 1,250
11 25,148
12
13
14
15
16 57,676
17
18
19
20
21
22
23
24 19,121
25
26 142
27
28
29
30 50,413
31
Interest 61,001
------------------------------------------------------------------
Total $ - $ 170,965 $ - $ 61,001
==================================================================
</Table>
AMERICAN ARCHITECTURAL PRODUCTS CORPORATION -- CORPORATE Form 5
Case Number 00-43726
Daily Summary of Cash Disbursements for the month of June 2003
Note: Disbursements equal checks written and other payments to vendors.
DATE NATIONAL CITY NATIONAL CITY NATIONAL CITY
----- CHECKS LOCKBOX INVESTMENT DISBURSEMENT
----------------------------------------------------------------------------------
1
2
3 16,670
4 1,833
5
6 189,947 482
7
8
9 125
10 68,286
11 73,892
12 1,262 343
13 32,048 2,657
14
15
16 2,032
17 94,531
18 1,041
19 157,407 21,034
20 273
21
22
23 66,838 2,092
24 1,633 5,978
25 55,795
26 127,014
27 226
28
29
30 674 6,823
31
UPS
NSF Checks
Analysis charge 548
----------------------------------------------------------------------------------
Total $ 449,809 $ - $ - $ 481,676
==================================================================================
AMERICAN ARCHITECTURAL PRODUCTS CORPORATION -- CORPORATE Form 5
Case Number 00-43726
Daily Summary of cash transfers for the month of June 2003
Note: Transfers represent funds transferred from/to other Bank Accounts
TRANSFERRED FROM: NATIONAL CITY NATIONAL CITY NATIONAL CITY
DATE CHECKS LOCKBOX INVESTMENT DISBURSEMENT
----- --------------------------------------------------------------------------------------------
1 $ - $ - $ - $ -
2
3
4
5 17,215
6
7
8
9
10 1,250
11 25,148
12
13
14
15
16 57,676
17
18
19
20
21
22
23
24 19,121
25
26 142
27
28
29
30 50,413
31
To Disbursement account 300,000
Interest
Adj for Euro month end difference
To Investment Account -
-------------------------------------------------------------------------------------
Total $ - $ 170,965 $ 300,000 $ -
=====================================================================================
AMERICAN ARCHITECTURAL PRODUCTS CORPORATION -- CORPORATE Form 5
Case Number 00-43726
Daily Summary of cash transfers for the month of June 2003
Note: Transfers represent funds transferred from/to other Bank Accounts
TRANSFERRED TO: NATIONAL CITY NATIONAL CITY NATIONAL CITY
DATE CHECKS LOCKBOX INVESTMENT DISBURSEMENT
----- -------------------------------------------------------------------------------------
1 $ - $ - $ - $ -
2
3 7,550
4 1,833
5 17,215
6 482
7 -
8
9 125
10 24,431 1,250
11 73,892 25,148
12 343
13 2,657
14
15
16 2,032 57,676
17 94,531
18 1,041
19 21,034
20 273
21
22
23 2,092
24 5,978 19,121
25 3,591
26 2,316 142
27 226
28
29
30 1,262 50,413
31
From Investment Account 300,000
Interest
Adj for Euro month-end difference
To investment account
-------------------------------------------------------------------------------------
Total $ 245,689 $ - $ - $ 470,965
=====================================================================================
AMERICAN ARCHITECTURAL PRODUCTS CORPORATION -- CORPORATE Form 5
Case Number 00-43726
MONTHLY BANK RECONCILIATION - NATIONAL CITY DISBURSEMENT ACCOUNT
JUNE 30, 2003
Balance per Bank $825,864.55
Less: Outstanding Checks
05/23/03 8434 225.00
06/13/03 8484 997.32
06/19/03 8503 37,599.77
06/19/03 8505 109,638.13
06/23/03 8506 66,418.00
06/23/03 8507 420.00
---------------------
215,298.22
-----------------------
Balance per Books @ 6/30/03 $ 610,566.33
=======================
National City Checks (215,298.22)
National City Disbursements 825,864.55
-----------------------
$ 610,566.33
=======================
Note: National City Lockbox, Investment and Euro Overnight
account book balances agree to bank balances.
DANVID WINDOW COMPANY Form 5
Monthly Cash Statement Case Number 00-43726
For the month ending June 30, 2003
General Payroll Lockbox
-------------- ------------ ------------
Beginning book balance $ (16,075) $ 10,386 $ -
Receipts 14,147 - -
Transfers received - - -
------------------------------------------------------
Balance available (1,928) 10,386 -
Disbursements - - -
Transfers sent - - -
------------------------------------------------------
Ending book balance $ (1,928) $ 10,386 $ -
======================================================
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: July 15, 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 June 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
Stop Payment 14,147
Adjustment
---------------------------------------------------------
Total $ 14,147 $ - $ -
=========================================================
DANVID WINDOW COMPANY Form 5
Case Number 00-43726
Daily Summary of Cash Disbursements for the month of June, 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
Fees
UPS Charges
Adjustment
------------------------------------------------------------
Total $ - $ - $ -
============================================================
DANVID WINDOW COMPANY Form 5
Case Number 00-43726
Daily Summary of cash transfers for the month of June 2003 Disbursements from:
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 June 2003 Disbursements to:
<Table>
<Caption>
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
UPS Charges
------------------------------------------------------------
Total $ - $ - $ -
============================================================
FORM 6 (6/92)
MONTHLY STATEMENT OF COMPENSATION
---------------------------------
For the Period : June 1 thru June 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
FORM 6 (6/92)
MONTHLY STATEMENT OF COMPENSATION
---------------------------------
For the Period : June 1 thru June 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
_________ Director
X 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 _________ 145.53
_____________________
Travel, Food, Lodging _________ 76.96
_____________________
Other Benefits _________ 357.82 phone, XO hosting
_____________________
CURRENT TOTAL:
Weekly or Monthly
_________ 26,646.06
____________________
Dated: _________ _____________________________________
Principal, Officer, Director, Insider
FORM 6 (6/92)
MONTHLY STATEMENT OF COMPENSATION
---------------------------------
For the Period : June 1 thru June 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 _________ 79.32 cell phone
____________________
CURRENT TOTAL:
Weekly or Monthly
_________ 14,016.41
____________________
Dated: _________ _____________________________________
Principal, Officer, Director, Insider
FORM 6 (6/92)
MONTHLY STATEMENT OF COMPENSATION
---------------------------------
For the Period : June 1 thru June 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
_________ 7,083.00
_________________
Current Benefits Received: Weekly or Monthly
Health Insurance _________ _________
Life Insurance _________ _________
Retirement _________ _________
Company Vehicle _________ _________
Entertainment _________
_________________
Travel, Food, Lodging _________ 1,623.58
_________________
Other Benefits _________ 57.11 shipping & copying
_________________
CURRENT TOTAL:
Weekly or Monthly
_________ 8,706.58
_________________
Dated: _________ _____________________________________
Principal, Officer, Director, Insider