Exhibit 99.2
CASE NAME: Open Plan Systems, Inc. CASH BASIS
CASE NUMBER: 02-64657 02/13/95
JUDGE: Tice
UNITED STATES BANKRUPTCY COURT
EASTERN DISTRICT OF VIRGINIA
RICHMOND DIVISION
MONTHLY OPERATING REPORT
MONTH ENDING: JUNE 30, 2002*
* The Company filed on May 30, 2002. Therefore, the Company was only under the
protection of bankruptcy for the last day of May (May 31, 2002). However, the
court did not authorize use of cash collateral until June. Accordingly, there
was little, if any, activity for the 31st day of May. Any activity for May 2002
is noted on the appropriate schedule.
IN ACCORDANCE WITH TITLE 28, SECTION 1746, OF THE UNITED STATES CODE, I DECLARE
UNDER PENALTY OF PERJURY THAT I HAVE EXAMINED THE FOLLOWING MONTHLY OPERATING
REPORT (CASH BASIS-1 THROUGH CASH BASIS-6) AND THE ACCOMPANYING ATTACHMENTS AND,
TO THE BEST OF MY KNOWLEDGE, THESE DOCUMENTS ARE TRUE, CORRECT AND COMPLETE.
DECLARATION OF THE PREPARER (OTHER THAN RESPONSIBLE PARTY): IS BASED ON ALL
INFORMATION OF WHICH PREPARER HAS ANY KNOWLEDGE.
RESPONSIBLE PARTY:
/s/ Kathryn L. Tyler Chief Financial Officer,Secretary, Treasurer
- ----------------------------------- --------------------------------------------
ORIGINAL SIGNATURE OF RESPONSIBLE TITLE
PARTY
Kathryn L. Tyler July 15, 2002
- ----------------------------------- --------------------------------------------
PRINTED NAME OF RESPONSIBLE PARTY DATE
PREPARER:
/s/Kathryn L. Tyler Chief Financial Officer, Secretary,Treasurer
- ----------------------------------- --------------------------------------------
ORIGINAL SIGNATURE OF PREPARER TITLE
Kathryn L. Tyler July 15, 2002
- ----------------------------------- --------------------------------------------
PRINTED NAME OF PREPARER DATE
CASE NAME: Open Plan Systems, Inc. CASH BASIS-1
CASE NUMBER: 02-64657 02/13/95
CASH RECEIPTS AND MONTH MONTH MONTH QUARTER
DISBURSEMENTS 5/31/2002 6/30/2002 TOTAL
- ------------- --------- --------- --------- -----
1. CASH - BEGINNING OF MONTH 343,142 353,608
RECEIPTS
2. CASH SALES
3. ACCOUNTS RECEIVABLE COLLECTIONS 10,466 433,706
4. LOANS & ADVANCES
5. SALE OF ASSETS
6. LEASE & RENTAL INCOME
7. WAGES
8. OTHER (ATTACH LIST) 29,862
9. TOTAL RECEIPTS 10,466 463,568
DISBURSEMENTS
10. NET PAYROLL 156,160
11. PAYROLL TAXES PAID 50,457
12. SALES, USE & OTHER TAXES PAID 18,436
13. INVENTORY PURCHASES 139,978
14. MORTGAGE PAYMENTS
15. OTHER SECURED NOTE PAYMENTS 4,569
16. RENTAL & LEASE PAYMENTS 43,400
17. UTILITIES 9,067
18. INSURANCE
19. VEHICLE EXPENSES
20. TRAVEL
21. ENTERTAINMENT
22. REPAIRS & MAINTENANCE 5
23. SUPPLIES (warehouse expense) 5,899
24. ADVERTISING
25. HOUSEHOLD EXPENSES
26. CHARITABLE CONTRIBUTIONS
27. GIFTS
28. OTHER (ATTACH LIST) 133,580
29. TOTAL ORDINARY DISBURSEMENTS 0 561,551
REORGANIZATION EXPENSES
30. PROFESSIONAL FEES 0
31. U.S. TRUSTEE FEES 0
32. OTHER (ATTACH LIST) 0
33. TOTAL REORGANIZATION EXPENSES 0
34. TOTAL DISBURSEMENTS 0 561,551
35. NET CASH FLOW 10,466 (97,983)
36. CASH - END OF MONTH 353,608 255,625
CASE NAME: Open Plan Systems, Inc. CASH BASIS-1
CASE NUMBER: 02-64657 02/13/95
CASH RECEIPTS AND MONTH MONTH MONTH QUARTER
DISBURSEMENTS 6/30/2002 TOTAL
- ------------- --------- -------- --------- -----
RECEIPTS
8. OTHER
Refunds/Claims 1,135
Sublease payments 8,239
Cobra payments 2,537
Tax Refund 17,938
Interest income 13
Total 29,862
CASE NAME: Open Plan Systems, Inc. CASH BASIS-1
CASE NUMBER: 02-64657 02/13/95
CASH RECEIPTS AND MONTH MONTH MONTH QUARTER
DISBURSEMENTS 6/30/2002 TOTAL
DISBURSEMENTS
28. OTHER
Installation 44,692
Freight 17,125
Network/internet provider 2,670
Employee reimbursements 1,478
Health insurance 34,733
Services 2,819
UPS 1,272
401(k)-Employee contribution 9,595
Dealer commissions 1,980
Interest pymt on WachoviaLine of Credit 14,801
Bank/credit card processing fees 2,415
Total 133,580
CASE NAME: Open Plan Systems, Inc. CASH BASIS-1A
CASE NUMBER: 02-64657 02/13/95
CASH DISBURSEMENTS DETAIL MONTH: June 2002
(ATTACH ADDITIONAL SHEETS IF NECESSARY)
CASH DISBURSEMENTS
DATE PAYEE PURPOSE AMOUNT
---- ----- ------- ------
TOTAL CASH DISBURSEMENTS
BANK ACCOUNT DISBURSEMENTS
CHECK
NUMBER DATE PAYEE PURPOSE AMOUNT
- ------ ---- ----- ------- ------
SEE ATTACHED LISTING
TOTAL BANK ACCOUNT DISBURSEMENTS 561,549.80
TOTAL DISBURSEMENTS FOR THE MONTH 561,549.80
CASE NAME: Open Plan Systems, Inc. CASH BASIS-1A
CASE NUMBER: 02-64657 02/13/95
CASH DISBURSEMENTS DETAIL MONTH: June 2002
(ATTACH ADDITIONAL SHEETS IF NECESSARY)
BANK ACCOUNT DISBURSEMENTS
CHECK
NUMBER DATE PAYEE PURPOSE AMOUNT
- ------ ---- ----- ------- ------
060502FI 06/05/02 UNI111 / United Chair Case Goods 301.02
060502GR 06/05/02 GRE121 / Great Openings Materials 13,494.08
060502GU 06/05/02 GUI101 / Guilford of Maine Textile Reso Materials 6,465.15
060502KI 06/05/02 KIM101 / Kimball Office Furniture Group In Case Goods 417.34
060502MA 06/05/02 MAY105 / Maysteel Corp. Case Goods 1,634.38
060502TR 06/05/02 TRE103 / Hector Trevino (9)011/528-1834685 Materials 600.00
060502WA 06/05/02 WAT104 / Watkins Motor Lines, Inc. Freight 902.43
60502FIR 06/05/02 AND102 / Anderson Hickey Case Goods 158.24
10215807224 06/07/02 Wire for Direct Deposit/Taxes Payroll 47,833.67
77213 06/07/02 BUI103 / Built Rite Services Install 2,422.50
77214 06/07/02 GEO107 / Georgia Pacific Materials 1,270.73
77215 06/07/02 GUA102 / Guardian Health Insurance 3,552.36
77216 06/07/02 GUI101 / Guilford of Maine Textile Reso Materials 4,311.63
77217 06/07/02 IND115 / Industrial Packaging Supply Materials 527.76
77218 06/07/02 MAS102 / Masonite Corporation Materials 5,106.56
77219 06/07/02 NAT104 / National Casein of New Jersey Materials 291.29
77220 06/07/02 NIG100 / Nightingale, Inc. Case Goods 519.76
77221 06/07/02 PAN100 / Panel Man Install 875.00
77222 06/07/02 PRE111 / Precision Contract Installation I Install 3,728.75
77223 06/07/02 TMI101 / T. Michael Installation LLC Install 535.00
77224 06/07/02 TRI105 / Trigon Health Insurance 31,145.04
77225 06/07/02 WEY101 / Weyerhaeuser Materials 915.20
77226 06/07/02 WOL101 / SS&W Case Goods 149.80
77227 06/07/02 ADV112 / ADVANTIS Rent 8,209.39
061002GR 06/10/02 GRE121 / Great Openings Case Goods 2,011.36
140263 06/10/02 PAYROL / Payroll Checks from Operating Acc Payroll 327.57
140264 06/10/02 PAYROL / Payroll Checks from Operating Acc Payroll 254.50
140265 06/10/02 PAYROL / Payroll Checks from Operating Acc Payroll 422.95
140266 06/10/02 PAYROL / Payroll Checks from Operating Acc Payroll 443.17
140267 06/10/02 PAYROL / Payroll Checks from Operating Acc Payroll 344.03
140268 06/10/02 PAYROL / Payroll Checks from Operating Acc Payroll 377.84
140269 06/10/02 PAYROL / Payroll Checks from Operating Acc Payroll 401.37
140270 06/10/02 PAYROL / Payroll Checks from Operating Acc Payroll 398.87
140271 06/10/02 PAYROL / Payroll Checks from Operating Acc Payroll 519.23
140272 06/10/02 PAYROL / Payroll Checks from Operating Acc Payroll 444.58
140273 06/10/02 PAYROL / Payroll Checks from Operating Acc Payroll 469.00
140274 06/10/02 PAYROL / Payroll Checks from Operating Acc Payroll 446.37
140275 06/10/02 PAYROL / Payroll Checks from Operating Acc Payroll 430.35
140276 06/10/02 PAYROL / Payroll Checks from Operating Acc Payroll 443.02
140277 06/10/02 PAYROL / Payroll Checks from Operating Acc Payroll 472.28
140278 06/10/02 PAYROL / Payroll Checks from Operating Acc Payroll 457.10
140279 06/10/02 PAYROL / Payroll Checks from Operating Acc Payroll 437.96
140280 06/10/02 PAYROL / Payroll Checks from Operating Acc Payroll 548.56
140281 06/10/02 PAYROL / Payroll Checks from Operating Acc Payroll 396.06
140282 06/10/02 PAYROL / Payroll Checks from Operating Acc Payroll 73.07
140283 06/10/02 PAYROL / Payroll Checks from Operating Acc Payroll 754.22
140284 06/10/02 PAYROL / Payroll Checks from Operating Acc Payroll 479.42
CASE NAME: Open Plan Systems, Inc. CASH BASIS-1A
CASE NUMBER: 02-64657 02/13/95
CASH DISBURSEMENTS DETAIL MONTH: June 2002
(ATTACH ADDITIONAL SHEETS IF NECESSARY)
BANK ACCOUNT DISBURSEMENTS
CHECK
NUMBER DATE PAYEE PURPOSE AMOUNT
- ------ ---- ----- ------- ------
140285 06/10/02 PAYROL / Payroll Checks from Operating Acc Payroll 324.71
140286 06/10/02 PAYROL / Payroll Checks from Operating Acc Payroll 455.13
140287 06/10/02 PAYROL / Payroll Checks from Operating Acc Payroll 593.30
140288 06/10/02 PAYROL / Payroll Checks from Operating Acc Payroll 252.01
140289 06/10/02 PAYROL / Payroll Checks from Operating Acc Payroll 345.55
140290 06/10/02 PAYROL / Payroll Checks from Operating Acc Payroll 452.30
77228 06/10/02 AND102 / Anderson Hickey Case Goods 666.82
77229 06/10/02 EXA101 / Exact Finish, Inc. Materials 1,128.00
77230 06/10/02 JHM101 / John H. Miller Case Goods 105.00
77230 06/10/02 JHM101 / John H. Miller Materials 5,500.00
77231 06/10/02 MAY105 / Maysteel Corp. Case Goods 2,196.82
77232 06/10/02 NEV101 / International Paper Company (DPD) Materials 1,080.00
77233 06/10/02 SUP102 / Superior Furniture Case Goods 919.20
77234 06/10/02 UNI111 / United Chair Case Goods 2,487.68
77235 06/10/02 WOL101 / SS&W Case Goods 18.00
77236 06/10/02 UNI105 / United Parcel Service UPS 6.57
10216206299 06/11/02 Wire for Direct Deposit/Taxes Payroll 39,193.63
061102WA 06/11/02 WAT104 / Watkins Motor Lines, Inc. Freight 748.78
77237 06/11/02 BRO113 / Browning-Ferris Industries Warehouse Expense 1,600.00
77238 06/11/02 GRE111 / Greif Brothers Corp. Materials 295.63
77239 06/11/02 AVE102 / Averitt Express, Inc. Freight 1,232.58
77240 06/11/02 CIN107 / Cintas Corporation #143 Warehouse Expense 597.83
77241 06/11/02 RLC101 / R&L Carriers Freight 75.32
77242 06/11/02 STA112 / Stamptech Inc Materials 4,399.31
061202BR 06/12/02 BRA101 / The Bradley Company Materials 795.00
77243 06/12/02 TFG101 / TFG Installation Services, Inc. Install 7,775.00
77244 06/12/02 ABF101 / ABF Freight System, Inc. Freight 482.85
77245 06/12/02 BCW101 / B C Wood Products, Inc. Materials 764.10
77246 06/12/02 TRE103 / Hector Trevino (9)011/528-1834685 Materials 4,248.50
77248 06/13/02 ATL105 / Atlantic Plywood Corporation Materials 32.64
77249 06/13/02 BUR101 / Burch Contract Fabrics Materials 46.50
77250 06/13/02 COL110 / Columbia Propane Warehouse Expense 21.36
77251 06/13/02 GUI101 / Guilford of Maine Textile Reso Materials 487.19
77252 06/13/02 HYM101 / Robert E. Hyman, Trustee Payroll 103.85
77253 06/13/02 JHM101 / John H. Miller Case Goods 15.00
77254 06/13/02 MAY105 / Maysteel Corp. Case Goods 3,310.79
77254 06/13/02 MAY105 / Maysteel Corp. Materials 5,333.68
77255 06/13/02 PAU105 / Paulette Fabricators, Inc. Materials 1,525.00
77256 06/13/02 UNI111 / United Chair Case Goods 382.72
061402BY 06/14/02 BYR101 / Byrne Electrical Specialists Materials 4,406.40
061402GR 06/14/02 GRE121 / Great Openings Case Goods 207.68
061402WA 06/14/02 WAT104 / Watkins Motor Lines, Inc. Freight 1,995.30
140291 06/14/02 PAYROL / Payroll Checks from Operating Acc Payroll 169.37
140292 06/14/02 PAYROL / Payroll Checks from Operating Acc Payroll 205.08
140293 06/14/02 PAYROL / Payroll Checks from Operating Acc Payroll 369.90
140294 06/14/02 PAYROL / Payroll Checks from Operating Acc Payroll 379.30
140295 06/14/02 PAYROL / Payroll Checks from Operating Acc Payroll 327.75
CASE NAME: Open Plan Systems, Inc. CASH BASIS-1A
CASE NUMBER: 02-64657 02/13/95
CASH DISBURSEMENTS DETAIL MONTH: June 2002
(ATTACH ADDITIONAL SHEETS IF NECESSARY)
BANK ACCOUNT DISBURSEMENTS
CHECK
NUMBER DATE PAYEE PURPOSE AMOUNT
- ------ ---- ----- ------- ------
140296 06/14/02 PAYROL / Payroll Checks from Operating Acc Payroll 351.23
140297 06/14/02 PAYROL / Payroll Checks from Operating Acc Payroll 358.52
140298 06/14/02 PAYROL / Payroll Checks from Operating Acc Payroll 447.30
140299 06/14/02 PAYROL / Payroll Checks from Operating Acc Payroll 375.76
140300 06/14/02 PAYROL / Payroll Checks from Operating Acc Payroll 407.10
140301 06/14/02 PAYROL / Payroll Checks from Operating Acc Payroll 397.60
140302 06/14/02 PAYROL / Payroll Checks from Operating Acc Payroll 375.10
140303 06/14/02 PAYROL / Payroll Checks from Operating Acc Payroll 336.93
140304 06/14/02 PAYROL / Payroll Checks from Operating Acc Payroll 411.78
140305 06/14/02 PAYROL / Payroll Checks from Operating Acc Payroll 386.91
140306 06/14/02 PAYROL / Payroll Checks from Operating Acc Payroll 254.54
140307 06/14/02 PAYROL / Payroll Checks from Operating Acc Payroll 466.53
140308 06/14/02 PAYROL / Payroll Checks from Operating Acc Payroll 347.37
140309 06/14/02 PAYROL / Payroll Checks from Operating Acc Payroll 640.62
140310 06/14/02 PAYROL / Payroll Checks from Operating Acc Payroll 394.46
140311 06/14/02 PAYROL / Payroll Checks from Operating Acc Payroll 398.57
140312 06/14/02 PAYROL / Payroll Checks from Operating Acc Payroll 328.63
140313 06/14/02 PAYROL / Payroll Checks from Operating Acc Payroll 511.04
140314 06/14/02 PAYROL / Payroll Checks from Operating Acc Payroll 303.62
140315 06/14/02 PAYROL / Payroll Checks from Operating Acc Payroll 268.78
140316 06/14/02 AGENCY / Agency Payroll 73.00
140317 06/14/02 AGENCY / Agency Payroll 60.00
140318 06/14/02 AGENCY / Agency Payroll 118.85
140319 06/14/02 AGENCY / Agency Payroll 55.62
140320 06/14/02 PAYROL / Payroll Checks from Operating Acc Payroll 635.79
77247 06/14/02 PAYROL / Payroll Checks from Operating Acc Payroll 330.90
77257 06/14/02 BRY101 / John H. Bryson III Employee Reimbursements 280.00
77258 06/14/02 DES104 / Desiree's Cleaning Services Other Professional Services 925.00
77259 06/14/02 HEM101 / Helmsley-Spear Inc., agts Rent 2,275.30
77260 06/14/02 HIG102 / Julie High Employee Reimbursements 11.88
77261 06/14/02 IMP103 / Impact Information Services Other Professional Services 99.00
77262 06/14/02 KEY104 / Chris Key Employee Reimbursements 321.42
77263 06/14/02 MIS101 / Thomas M. Mishoe, Jr. Employee Reimbursements 86.44
77264 06/14/02 SMI103 / Jean Smith Employee Reimbursements 13.95
77265 06/14/02 STA126 / STATE INSURANCE FUND Health Insurance 35.73
77266 06/14/02 TYL101 / Kathy Tyler Employee Reimbursements 44.44
77267 06/14/02 WAS101 / Kerry Washay Employee Reimbursements 54.23
77268 06/14/02 WHI101 / Jill White Employee Reimbursements 17.03
77269 06/14/02 BUI103 / Built Rite Services Install 65.00
77270 06/14/02 PRE111 / Precision Contract Installation I Install 600.00
77271 06/14/02 SHE102 / Sherwin Williams Co. Materials 970.50
77272 06/14/02 TMI101 / T. Michael Installation LLC Install 2,060.00
77273 06/14/02 SWI101 / Rhonda Swingle Employee Reimbursements 16.19
061702UN 06/17/02 UNI102 / Unisource - Atlanta Warehouse Expense 1,399.68
061702WA 06/17/02 WAT104 / Watkins Motor Lines, Inc. Freight 502.36
77274 06/17/02 BYR101 / Byrne Electrical Specialists Materials 760.00
77275 06/17/02 GUI101 / Guilford of Maine Textile Reso Materials 291.90
CASE NAME: Open Plan Systems, Inc. CASH BASIS-1A
CASE NUMBER: 02-64657 02/13/95
CASH DISBURSEMENTS DETAIL MONTH: June 2002
(ATTACH ADDITIONAL SHEETS IF NECESSARY)
BANK ACCOUNT DISBURSEMENTS
CHECK
NUMBER DATE PAYEE PURPOSE AMOUNT
- ------ ---- ----- ------- ------
77276 06/17/02 JHM101 / John H. Miller Case Goods 12.50
77277 06/17/02 MAY105 / Maysteel Corp. Case Goods 1,755.44
77278 06/17/02 NEV101 / International Paper Company (DPD) Materials 379.42
77279 06/17/02 PAN100 / Panel Man Install 4,500.00
77280 06/17/02 PIE101 / Piedmont Plastics, Inc. Materials 780.00
77282 06/17/02 ATL105 / Atlantic Plywood Corporation Materials 32.64
77283 06/17/02 CHI110 / Derrick Chisholm Warehouse Expense 260.47
77284 06/17/02 LOG101 / Logistics Transportation Co Inc Freight 2,125.00
061802GE 06/18/02 GEO107 / Georgia Pacific Materials 1,270.73
061802WA 06/18/02 WAT104 / Watkins Motor Lines, Inc. Freight 445.43
77285 06/18/02 CIN107 / Cintas Corporation #143 Warehouse Expense 252.44
77286 06/18/02 COM114 / Commonwealth Technical Services I Network/Internet Provider 2,670.00
77287 06/18/02 CSI102 / CS Interiors Vendor Commission 1,979.84
77288 06/18/02 KEN108 / Kent H. Landsberg Co. Warehouse Expense 405.00
77289 06/18/02 KIM101 / Kimball Office Furniture Group In Case Goods 29.00
77290 06/18/02 MAR102 / Maryland Sales and Use Tax Sales & Use Taxes & Other 239.03
77291 06/18/02 MAY105 / Maysteel Corp. Case Goods 99.03
77292 06/18/02 MIC100 / Michigan Department of Treasury Sales & Use Taxes & Other 162.79
77293 06/18/02 NAT104 / National Casein of New Jersey Materials 291.29
77294 06/18/02 NEW113 / New Jersey Sales & Use Tax Dept Sales & Use Taxes & Other 1,247.53
77295 06/18/02 NOR117 / North Carolina Department of Reve Sales & Use Taxes & Other 1,922.28
77296 06/18/02 OHI101 / Ohio Treasurer of State Sales & Use Taxes & Other 50.72
77297 06/18/02 STA112 / Stamptech Inc Materials 337.00
77298 06/18/02 UNI103 / Unisource - Troy Materials 478.08
77299 06/18/02 WEY101 / Weyerhaeuser Materials 915.20
77300 06/18/02 GUI101 / Guilford of Maine Textile Reso Materials 963.02
Wire 06/18/02 Payroll Wire Payroll 39,940.81
77301 06/19/02 COV103 / Coverall of Washington D.C. Inc. Other Professional Services 286.00
77302 06/19/02 ARC102 / Arcet Equipment Company Warehouse Expense 223.54
77303 06/19/02 DOX101 / DoxaSteel Case Goods 554.04
77304 06/19/02 GUI101 / Guilford of Maine Textile Reso Materials 640.16
77305 06/19/02 ILL101 / Illinois Dept. of Revenue Sales & Use Taxes & Other 1,050.30
77306 06/19/02 IND115 / Industrial Packaging Supply Materials 50.00
77307 06/19/02 KIM101 / Kimball Office Furniture Group In Case Goods 65.00
77308 06/19/02 MAY105 / Maysteel Corp. Case Goods 158.24
77309 06/19/02 MIC117 / Michigan Extruded Aluminum Materials 2,490.96
77310 06/19/02 NEW109 / New York State Department of Sales & Use Taxes & Other 2,776.63
77311 06/19/02 PEN102 / Pennsylvania Department of Revenu Sales & Use Taxes & Other 211.14
77312 06/19/02 STA112 / Stamptech Inc Materials 2,250.00
77313 06/19/02 UNI111 / United Chair Case Goods 567.45
77314 06/19/02 VIR101 / Virginia Department of Taxation Sales & Use Taxes & Other 3,971.71
77315 06/19/02 WHI101 / Jill White Employee Reimbursements 80.00
062002WA 06/20/02 WAT104 / Watkins Motor Lines, Inc. Freight 2,016.61
77316 06/20/02 EXA101 / Exact Finish, Inc. Materials 2,376.00
77317 06/20/02 JHM101 / John H. Miller Materials 2,200.00
77318 06/20/02 MAY105 / Maysteel Corp. Materials 355.60
77319 06/20/02 UNI103 / Unisource - Troy Materials 652.40
CASE NAME: Open Plan Systems, Inc. CASH BASIS-1A
CASE NUMBER: 02-64657 02/13/95
CASH DISBURSEMENTS DETAIL MONTH: June 2002
(ATTACH ADDITIONAL SHEETS IF NECESSARY)
BANK ACCOUNT DISBURSEMENTS
CHECK
NUMBER DATE PAYEE PURPOSE AMOUNT
- ------ ---- ----- ------- ------
77320 06/20/02 UNI111 / United Chair Case Goods 382.72
77321 06/20/02 UNI105 / United Parcel Service UPS 1,087.58
062102WA 06/21/02 WAT104 / Watkins Motor Lines, Inc. Freight 111.62
140321 06/21/02 PAYROL / Payroll Checks from Operating Acc Payroll 208.56
140322 06/21/02 PAYROL / Payroll Checks from Operating Acc Payroll 323.80
140323 06/21/02 PAYROL / Payroll Checks from Operating Acc Payroll 382.89
140324 06/21/02 PAYROL / Payroll Checks from Operating Acc Payroll 379.30
140325 06/21/02 PAYROL / Payroll Checks from Operating Acc Payroll 43.05
140326 06/21/02 PAYROL / Payroll Checks from Operating Acc Payroll 351.23
140327 06/21/02 PAYROL / Payroll Checks from Operating Acc Payroll 462.94
140328 06/21/02 PAYROL / Payroll Checks from Operating Acc Payroll 570.33
140329 06/21/02 PAYROL / Payroll Checks from Operating Acc Payroll 375.76
140330 06/21/02 PAYROL / Payroll Checks from Operating Acc Payroll 407.10
140331 06/21/02 PAYROL / Payroll Checks from Operating Acc Payroll 397.60
140332 06/21/02 PAYROL / Payroll Checks from Operating Acc Payroll 392.96
140333 06/21/02 PAYROL / Payroll Checks from Operating Acc Payroll 370.96
140334 06/21/02 PAYROL / Payroll Checks from Operating Acc Payroll 411.78
140335 06/21/02 PAYROL / Payroll Checks from Operating Acc Payroll 386.91
140336 06/21/02 PAYROL / Payroll Checks from Operating Acc Payroll 276.73
140337 06/21/02 PAYROL / Payroll Checks from Operating Acc Payroll 508.75
140338 06/21/02 PAYROL / Payroll Checks from Operating Acc Payroll 347.37
140339 06/21/02 PAYROL / Payroll Checks from Operating Acc Payroll 94.29
140340 06/21/02 PAYROL / Payroll Checks from Operating Acc Payroll 640.62
140341 06/21/02 PAYROL / Payroll Checks from Operating Acc Payroll 394.46
140342 06/21/02 PAYROL / Payroll Checks from Operating Acc Payroll 398.57
140343 06/21/02 PAYROL / Payroll Checks from Operating Acc Payroll 328.63
140344 06/21/02 PAYROL / Payroll Checks from Operating Acc Payroll 511.04
140345 06/21/02 PAYROL / Payroll Checks from Operating Acc Payroll 303.62
140346 06/21/02 PAYROL / Payroll Checks from Operating Acc Payroll 244.07
140347 06/21/02 AGENCY / Agency Payroll 311.54
140348 06/21/02 AGENCY / Agency Payroll 73.00
140349 06/21/02 AGENCY / Agency Payroll 60.00
140350 06/21/02 AGENCY / Agency Payroll 55.62
140351 06/21/02 AGENCY / Agency Payroll 130.56
77322 06/21/02 APP102 / Atlantic Extrusions Corporation Materials 3,206.34
77323 06/21/02 AVE102 / Averitt Express, Inc. Freight 1,380.65
77324 06/21/02 BUS115 / B.F.S.G. Install 240.00
77325 06/21/02 DMV101 / DMV Sales & Use Taxes & Other 28.50
77328 06/21/02 PAN100 / Panel Man Install 2,335.00
77329 06/21/02 PRE111 / Precision Contract Installation I Install 3,104.50
77330 06/21/02 RIC126 / City of Richmond, Va. Sales & Use Taxes & Other 18.60
77331 06/21/02 SHE102 / Sherwin Williams Co. Materials 250.20
77332 06/21/02 THR101 / 3-R Installation Install 5,480.00
77333 06/21/02 WAS101 / Kerry Washay Employee Reimbursements 86.50
77337 06/21/02 MIS101 / Thomas M. Mishoe, Jr. Employee Reimbursements 76.62
062402DO 06/24/02 DOM103 / Dominion Virginia Power Utilities 8,235.96
062402WA 06/24/02 WAT104 / Watkins Motor Lines, Inc. Freight 764.30
CASE NAME: Open Plan Systems, Inc. CASH BASIS-1A
CASE NUMBER: 02-64657 02/13/95
CASH DISBURSEMENTS DETAIL MONTH: June 2002
(ATTACH ADDITIONAL SHEETS IF NECESSARY)
BANK ACCOUNT DISBURSEMENTS
CHECK
NUMBER DATE PAYEE PURPOSE AMOUNT
- ------ ---- ----- ------- ------
77338 06/24/02 BUI103 / Built Rite Services Install 300.00
77339 06/24/02 GUI101 / Guilford of Maine Textile Reso Materials 941.60
77340 06/24/02 RUT101 / Rutherford Janitor Supply Warehouse Expense 99.90
77341 06/24/02 UNI105 / United Parcel Service UPS 18.89
77342 06/24/02 YEL101 / Yellow Freight Systems, Inc. Freight 404.59
77343 06/24/02 AVE102 / Averitt Express, Inc. Freight 47.45
77344 06/24/02 UNI105 / United Parcel Service UPS 45.50
062502GU 06/25/02 GUI101 / Guilford of Maine Textile Reso Materials 572.50
062502UN 06/25/02 UNI102 / Unisource - Atlanta Warehouse Expense 519.42
062502WA 06/25/02 WAT104 / Watkins Motor Lines, Inc. Freight 180.90
77345 06/25/02 CIN107 / Cintas Corporation #143 Warehouse Expense 345.39
77346 06/25/02 LOG101 / Logistics Transportation Co Inc Freight 425.00
77347 06/25/02 SHE102 / Sherwin Williams Co. Materials 299.00
77348 06/25/02 STA112 / Stamptech Inc Materials 1,580.80
77349 06/25/02 UNI111 / United Chair Case Goods 463.14
77350 06/25/02 YEL101 / Yellow Freight Systems, Inc. Freight 104.55
77351 06/25/02 UNI105 / United Parcel Service UPS 18.14
77352 06/25/02 ADO101 / Adonna Atlanta, Inc. Other Professional Services 140.00
77353 06/25/02 ADT101 / ADT Security Services Other Professional Services 310.62
77354 06/25/02 BRO113 / Browning-Ferris Industries Other Professional Services 389.13
77355 06/25/02 CHE105 / Chesterfield Coffee & Tea Other Professional Services 132.94
77356 06/25/02 COL111 / Columbia Propane - DC Other Professional Services 12.86
77357 06/25/02 DAN106 / Danka Other Professional Services 274.87
77358 06/25/02 FOR102 / Ford Credit Vehicles 619.70
77359 06/25/02 JAN102 / Jani-King of Raleigh/Durham Other Professional Services 195.00
77360 06/25/02 LIN102 / Liberty Property Limited Partners Rent 32,915.31
77361 06/25/02 MER105 / Mercedes-Benz Credit Corporation Vehicles 806.65
77362 06/25/02 VER108 / Verizon Telephone 831.15
77363 06/25/02 VIR101 / Virginia Department of Taxation Sales & Use Taxes & Other 6,756.35
77364 06/25/02 VOL102 / Volvo Commercial Finance/Citibank Vehicles 3,102.65
77365 06/25/02 XPE101 / Xpect First Aid Other Professional Services 53.43
Wire 06/25/02 Wire for Payroll Payroll 36,970.28
062602GR 06/26/02 GRE121 / Great Openings Case Goods 479.36
062602MA 06/26/02 MAY105 / Maysteel Corp. Case Goods 201.85
062602MA 06/26/02 MAY105 / Maysteel Corp. Materials 9,663.12
062602TR 06/26/02 TRE103 / Hector Trevino (9)011/528-1834685 Materials 4,760.00
77366 06/26/02 AVE102 / Averitt Express, Inc. Freight 53.92
77367 06/26/02 CDS101 / CDS Supply Co., Inc. Warehouse Expense 105.02
77368 06/26/02 COL110 / Columbia Propane Warehouse Expense 69.16
77369 06/26/02 EST101 / Estes Express Lines Freight 115.48
77370 06/26/02 SAL102 / Sales Systems, Ltd. Materials 1,026.00
77371 06/26/02 AVE102 / Averitt Express, Inc. Freight 335.36
77372 06/26/02 UNI105 / United Parcel Service UPS 57.64
Wire B 06/26/02 Wire for 401(k) 401(k) - EE Contribution 9,595.27
062702GU 06/27/02 GUI101 / Guilford of Maine Textile Reso Materials 2,162.25
062702MA 06/27/02 MAY105 / Maysteel Corp. Case Goods 306.30
77374 06/27/02 ACC105 / AccuTech Fabrication, Inc. Materials 4,776.00
CASE NAME: Open Plan Systems, Inc. CASH BASIS-1A
CASE NUMBER: 02-64657 02/13/95
CASH DISBURSEMENTS DETAIL MONTH: June 2002
(ATTACH ADDITIONAL SHEETS IF NECESSARY)
BANK ACCOUNT DISBURSEMENTS
CHECK
NUMBER DATE PAYEE PURPOSE AMOUNT
- ------ ---- ----- ------- ------
77375 06/27/02 MER105 / Mercedes-Benz Credit Corporation Vehicles 40.33
77376 06/27/02 OFS101 / OFS Case Goods 65.00
77377 06/27/02 USF102 / USF Red Star, Inc. Freight 329.67
77378 06/27/02 YEL101 / Yellow Freight Systems, Inc. Freight 303.82
77379 06/27/02 UNI105 / United Parcel Service UPS 18.89
062802IN 06/28/02 NEV101 / International Paper Company (DPD) Materials 23.68
062802MA 06/28/02 MAY105 / Maysteel Corp. Case Goods 5,344.11
140352 06/28/02 PAYROL / Payroll Checks from Operating Acc Payroll 184.00
140353 06/28/02 PAYROL / Payroll Checks from Operating Acc Payroll 463.79
140354 06/28/02 PAYROL / Payroll Checks from Operating Acc Payroll 284.48
140355 06/28/02 PAYROL / Payroll Checks from Operating Acc Payroll 383.27
140356 06/28/02 PAYROL / Payroll Checks from Operating Acc Payroll 379.30
140357 06/28/02 PAYROL / Payroll Checks from Operating Acc Payroll 351.23
140358 06/28/02 PAYROL / Payroll Checks from Operating Acc Payroll 308.81
140359 06/28/02 PAYROL / Payroll Checks from Operating Acc Payroll 427.31
140360 06/28/02 PAYROL / Payroll Checks from Operating Acc Payroll 375.76
140361 06/28/02 PAYROL / Payroll Checks from Operating Acc Payroll 407.10
140362 06/28/02 PAYROL / Payroll Checks from Operating Acc Payroll 397.60
140363 06/28/02 PAYROL / Payroll Checks from Operating Acc Payroll 381.96
140364 06/28/02 PAYROL / Payroll Checks from Operating Acc Payroll 370.96
140365 06/28/02 PAYROL / Payroll Checks from Operating Acc Payroll 411.78
140366 06/28/02 PAYROL / Payroll Checks from Operating Acc Payroll 386.91
140367 06/28/02 PAYROL / Payroll Checks from Operating Acc Payroll 231.59
140368 06/28/02 PAYROL / Payroll Checks from Operating Acc Payroll 466.53
140369 06/28/02 PAYROL / Payroll Checks from Operating Acc Payroll 347.37
140370 06/28/02 PAYROL / Payroll Checks from Operating Acc Payroll 230.00
140371 06/28/02 PAYROL / Payroll Checks from Operating Acc Payroll 640.62
140372 06/28/02 PAYROL / Payroll Checks from Operating Acc Payroll 394.46
140373 06/28/02 PAYROL / Payroll Checks from Operating Acc Payroll 370.25
140374 06/28/02 PAYROL / Payroll Checks from Operating Acc Payroll 344.96
140375 06/28/02 PAYROL / Payroll Checks from Operating Acc Payroll 511.04
140376 06/28/02 PAYROL / Payroll Checks from Operating Acc Payroll 138.52
140377 06/28/02 PAYROL / Payroll Checks from Operating Acc Payroll 303.62
140378 06/28/02 PAYROL / Payroll Checks from Operating Acc Payroll 181.53
140379 06/28/02 AGENCY / Agency Payroll 207.69
140380 06/28/02 AGENCY / Agency Payroll 73.00
140381 06/28/02 AGENCY / Agency Payroll 60.00
140382 06/28/02 AGENCY / Agency Payroll 55.62
140383 06/28/02 AGENCY / Agency Payroll 106.73
77380 06/28/02 ADV108 / Advanced Furniture Services, Inc. Install 150.00
77381 06/28/02 DIX101 / Debra Dixon Employee Reimbursements 14.30
77382 06/28/02 GIB106 / Gibraltar, Inc. Materials 2,428.50
77383 06/28/02 HIG102 / Julie High Employee Reimbursements 40.69
77384 06/28/02 HUM101 / Humanscale Case Goods 787.50
77385 06/28/02 KEY104 / Chris Key Employee Reimbursements 210.83
77386 06/28/02 LOG101 / Logistics Transportation Co Inc Freight 1,625.00
77387 06/28/02 LOV102 / Ken Love Maintenance 5.33
CASE NAME: Open Plan Systems, Inc. CASH BASIS-1A
CASE NUMBER: 02-64657 02/13/95
CASH DISBURSEMENTS DETAIL MONTH: June 2002
(ATTACH ADDITIONAL SHEETS IF NECESSARY)
BANK ACCOUNT DISBURSEMENTS
CHECK
NUMBER DATE PAYEE PURPOSE AMOUNT
- ------ ---- ----- ------- ------
77388 06/28/02 MCG101 / Heidi McGill Employee Reimbursements 99.76
77389 06/28/02 PAN100 / Panel Man Install 4,292.00
77390 06/28/02 PRE111 / Precision Contract Installation I Install 4,914.00
77391 06/28/02 SMI103 / Jean Smith Employee Reimbursements 23.25
77392 06/28/02 TMI101 / T. Michael Installation LLC Install 1,315.00
77393 06/28/02 UNI111 / United Chair Case Goods 6.63
77394 06/28/02 AVE102 / Averitt Express, Inc. Freight 415.59
77395 06/28/02 UNI105 / United Parcel Service UPS 18.40
N/A ACH Sweep for credit card and bank processing fees 2,415.00
N/A Sweep of interest expense on line of credit by Wachovia Bank 14,801.00
Total 561,549.80
CASE NAME: Open Plan Systems CASH BASIS-2
CASE NUMBER: 02-64657 02/13/95
The debtor in possession must complete the reconciliation below for each bank
account, including all general, payroll and tax accounts, as well as all savings
and investment accounts, money market accounts, certificates of deposit,
government obligations, etc. Accounts with restricted funds should be identified
by placing an asterisk next to the account number. Attach additional sheets if
necessary.
MONTH: 30-Jun-02
----------------
BANK RECONCILIATIONS
Account #1 Account #2 Account #3
---------- ---------- ----------
A. BANK: Wachovia Suntrust Fleet
B. ACCOUNT NUMBER: [REDACT] [REDACT] [REDACT] TOTAL
C. PURPOSE (TYPE): Checking (DIP) Checking Lockbox
1. BALANCE PER BANK STATEMENT 348,851 5,917 2,394 357,162
2. ADD: TOTAL DEPOSITS NOT CREDITED 0 0 0 0
3. SUBTRACT: OUTSTANDING CHECKS (100,306) (777) 0 (101,083)
4. OTHER RECONCILING ITEMS (186) (268) 0 (454)
5. MONTH END BALANCE PER BOOKS 248,359 4,872 2,394 255,625
6. NUMBER OF LAST CHECK WRITTEN 77,395 1,318 N/A
Note: Payroll service (CBIZ) prints payroll checks drawn on DIP
account, but uses different check # series. Number of last
payroll check written: 140383.
INVESTMENT ACCOUNTS
DATE OF TYPE OF PURCHASE CURRENT
BANK, ACCOUNT NAME & NUMBER PURCHASE INSTRUMENT PRICE VALUE
- --------------------------- -------- ---------- ----- -----
7. NONE 0
8.
9.
10.
11. TOTAL INVESTMENTS 0
CASH
12. CURRENCY ON HAND 33
13. TOTAL CASH - END OF MONTH 255,658
[Bank account numbers have been redacted in this Form 8-K filing for security
purposes.]
CASE NAME: Open Plan Systems, Inc. CASH BASIS-3
CASE NUMBER: 02-64657 02/13/95
ASSETS OF THE ESTATE
SCHEDULE "A" SCHEDULE MONTH MONTH MONTH
REAL PROPERTY AMOUNT * 5/31/2002 6/30/2002
------------- -------- --------- --------- -----
1. None 0 0 0
2.
3.
4. OTHER (ATTACH LIST)
5. TOTAL REAL PROPERTY ASSETS 0 0 0
SCHEDULE "B"
PERSONAL PROPERTY
1. CASH ON HAND 33 33 33
2. CHECKING, SAVINGS, ETC. 369,000 353,608 255,625
3. SECURITY DEPOSITS 100,148 100,148 100,148
4. HOUSEHOLD GOODS None None None
5. BOOKS, PICTURES, ART None None None
6. WEARING APPAREL None None None
7. FURS AND JEWELRY None None None
8. FIREARMS & SPORTS EQUIPMENT None None None
9. INSURANCE POLICIES None None None
10. ANNUITIES None None None
11. RETIREMENT & PROFIT SHARING None None None
12. STOCKS None None None
13. PARTNERSHIPS & JOINT VENTURES Unknown Unknown Unknown
14. GOVERNMENT & CORPORATE BONDS None None None
15. ACCOUNTS RECEIVABLE 1,488,757 1,173,000 1,387,000
16. ALIMONY None None None
17. OTHER LIQUIDATED DEBTS Unknown Unknown Unknown
18. EQUITABLE INTERESTS None None None
19. CONTINGENT INTERESTS None None None
20. OTHER CLAIMS 53,512 53,512 53,512
21. PATENTS & COPYRIGHTS Unknown Unknown Unknown
22. LICENSES & FRANCHISES Unknown Unknown Unknown
23. AUTOS, TRUCKS & OTHER VEHICLES 50,000 50,000 50,000 See Note 1
24. BOATS & MOTORS None None None
25. AIRCRAFT None None None
26. OFFICE EQUIPMENT 20,000 20,000 20,000 See Note 1
27. MACHINERY, FIXTURES & EQUIPMENT 130,000 130,000 130,000 See Note 1
28. INVENTORY 768,000 750,000 750,000 See Note 2
29. ANIMALS None None None
30. CROPS None None None
31. FARMING EQUIPMENT None None None
32. FARM SUPPLIES None None None
33. OTHER (ATTACH LIST) None None None
34. TOTAL PERSONAL PROPERTY ASSETS 2,979,449 2,630,300 2,746,317
35. TOTAL ASSETS 2,979,449 2,630,300 2,746,317
* DATE AMENDED _______________________
Note 1 - Values are not book values; they are estimated market values if sold
in an orderly liquidation.
Note 2 - Values are not book values, they are estimated market values if sold
in an orderly liquidation process in a responsive market. (Book value approx.
$2.0 million at 5/31/02 and $1.9 million at 6/30/02.)
CASE NAME: Open Plan Systems, Inc. CASH BASIS-4
CASE NUMBER: 02-64657 02/13/95
LIABILITIES OF THE ESTATE MONTH: June 2002
PREPETITION SCHEDULE
LIABILITIES AMOUNT PAYMENTS
----------- ------ --------
1. SECURED(includes both principal & interest) 3,380,618 19,330
2. PRIORITY Unknown Unknown
3. UNSECURED 1,285,574 None
4. OTHER (ATTACH LIST)
5. TOTAL PREPETITION LIABILITIES 4,666,192 19,330
POSTPETITION DATE AMOUNT DUE AMOUNT
LIABILITIES INCURRED OWED DATE PAST DUE
----------- -------- ---- ---- --------
1. FEDERAL INCOME TAXES
2. FICA / MEDICARE
3. STATE TAXES
4. REAL ESTATE TAXES
5. OTHER TAXES (ATTACH LIST)
6. TOTAL TAXES 0
OTHER POSTPETITION LIABILITIES, INCLUDING TRADE CREDITORS (LIST NAMES OF CREDITORS)
7. SEE ATTACHED 44,456.10 31,389.66
8.
9.
10.
11.
12.
13.
14.
15.
16.
17.
18.
19.
20.
21.
22.
23.
24.
25.
26.
27.
28.
29. (IF ADDITIONAL, ATTACH LIST)
30. TOTAL OF LINES 7 - 29 44,456.10 31,389.66
31. TOTAL POSTPETITION LIABILITIES 44,456.10 31,389.66
CASE NAME: Open Plan Systems, Inc. CASH BASIS-4
CASE NUMBER: 02-64657 02/13/95
LIABILITIES OF THE ESTATE MONTH: June 2002
POSTPETITION DATE AMOUNT DUE AMOUNT
LIABILITIES INCURRED OWED DATE PAST-DUE
----------- -------- ---- ---- --------
OTHER POSTPETITION LIABILITIES, INCLUDING TRADE CREDITORS (LIST NAMES OF CREDITORS)
Averitt Express 6/13/2002 203.73 6/28/2002 203.73
Averitt Express 6/13/2002 228.69 6/28/2002 228.69
Averitt Express 6/13/2002 124.82 6/28/2002 124.82
Averitt Express 6/13/2002 47.45 6/28/2002 47.45
Baker Office Interiors 6/24/2002 250.00 6/24/2002 250.00
Bell South 6/5/2002 264.75 6/5/2002 264.75
Bell South 6/16/2002 42.08 6/16/2002 42.08
Bell South 6/13/2002 17.08 6/13/2002 17.08
The Bloom Organization 6/1/2002 2,691.00 6/1/2002 2,691.00
Cavalier Telephone 6/4/2002 3,615.41 6/4/2002 3,615.41
Citicorp Vendor Finance 6/6/2002 3,594.85 7/6/2002
Citicapital Trailer Rental 6/1/2002 520.00 6/30/2002 520.00
Columbia Propane 6/24/2002 30.08 7/24/2002
Columbia Propane 6/17/2002 84.56 7/17/2002
Columbia Propane 6/20/2002 31.24 7/20/2002
Connecticut Secretary of State 6/20/2002 300.00 6/20/2002 300.00
Corporate Woods Associates 6/1/2002 2,087.00 6/1/2002 2,087.00
CP&L (Service from 5/22/02-6/21/02) 6/24/2002 235.28 6/24/2002 235.28
Dominion Virginia Power 6/17/2002 2,890.60 6/17/2002 2,890.60
Ford Credit 6/3/2002 569.07 6/3/2002 569.07
Georgia Power (Service from 5/1/02-6/3/02) 6/3/2002 300.04 6/3/2002 300.04
Georgia Natural Gas (Service from 5/11/02-6/10/02) 6/19/2002 123.11 6/19/2002 123.11
GMAC 6/1/2002 383.84 6/1/2002 383.84
GMAC 6/7/2002 391.70 6/7/2002 391.70
GMAC 6/20/2002 399.96 6/20/2002 399.96
GMAC 6/6/2002 369.07 6/6/2002 369.07
GMAC 6/7/2002 399.57 6/7/2002 399.57
GMAC 6/20/2002 433.22 6/20/2002 433.22
GMAC 6/3/2002 509.52 6/3/2002 509.52
GMAC 6/3/2002 370.54 6/3/2002 370.54
GMAC (Property Tax on leased car) 6/13/2002 308.75 6/13/2002 308.75
Guardian 6/5/2002 2,894.90 6/5/2002 2,894.90
Guilford of Maine 6/11/2002 63.07 7/11/2002
Guilford of Maine 6/17/2002 47.26 7/17/2002
Guilford of Maine 6/20/2002 487.19 7/20/2002
Guilford of Maine 6/19/2002 592.90 7/19/2002
Haynes Management Inc. 6/1/2002 1,470.00 6/1/2002 1,470.00
John H. Miller 6/24/2002 2,200.00 7/24/2002
John H. Miller 6/24/2002 96.86 7/24/2002
Keyspan Energy Delivery (Service from 5/7/02-6/6/02)6/7/2002 49.10 6/7/2002 49.10
Kwik Kopy 6/5/2002 177.58 7/5/2002
Liberty Property Limited Partnership 6/1/2002 792.69 6/1/2002 792.69
Logistics Transportation Co. Inc. 6/1/2002 1,025.00 6/8/2002 1,025.00
MAC Associates 6/1/2002 2,943.75 6/1/2002 2,943.75
Maysteel Corp. 6/14/2002 219.42 7/14/2002
Maysteel Corp. 6/19/2002 122.99 7/19/2002
The Mobile Storage Group Inc. 6/17/2002 499.20 7/17/2002
International Paper Company 6/11/2002 60.00 7/11/2002
Peachtree NE Partners, LLC 6/1/2002 3,422.67 6/1/2002 3,422.67
Piedmont Plastics, Inc. 6/21/2002 780.00 7/21/2002
Pitney Bowes, Inc. 6/19/2002 1,422.30 7/19/2002
PSE&G 6/19/2002 23.49 6/19/2002 23.49
R&L Carriers 6/12/2002 227.33 6/19/2002 227.33
RUS of Richmond 6/4/2002 81.19 7/4/2002
RUS of Richmond 6/18/2002 90.29 7/18/2002
RUS of Richmond 6/25/2002 81.19 7/25/2002
Sieman's Information & Communication 6/12/2002 2,169.52 7/12/2002
Sure Set Saw Inc. 6/3/2002 99.75 7/3/2002
United Chair 6/6/2002 35.00 7/6/2002
Washington Gas 6/11/2002 40.67 6/11/2002 40.67
Yellow Freight Systems, Inc. 6/3/2002 174.60 6/18/2002 174.60
Yellow Freight Systems, Inc. 6/10/2002 85.28 6/25/2002 85.28
Yellow Freight Systems, Inc. 6/10/2002 81.95 6/25/2002 81.95
Yellow Freight Systems, Inc. 6/10/2002 81.95 6/25/2002 81.95
TOTAL 44,456.10 31,389.66
CASE NAME: Open Plan Systems, Inc. CASH BASIS-5
CASE NUMBER: 02-64657 02/13/95
MONTH: June 2002
PAYMENTS TO INSIDERS AND PROFESSIONALS
OF THE TOTAL DISBURSEMENTS SHOWN FOR THE MONTH, LIST THE AMOUNT PAID TO INSIDERS
(AS DEFINED IN SECTION 101 (31) (A)-(F) OF THE U.S. BANKRUPTCY CODE) AND TO
PROFESSIONALS. ALSO, FOR PAYMENTS TO INSIDERS, IDENTIFY THE TYPE OF COMPENSATION
PAID (e.g. SALARY, BONUS, COMMISSIONS, INSURANCE, HOUSING ALLOWANCE, TRAVEL, CAR
ALLOWANCE, ETC.). ATTACH ADDITIONAL SHEETS IF NECESSARY.
INSIDERS
TYPE OF AMOUNT TOTAL PAID
NAME PAYMENT PAID TO DATE
---- ------- ---- -------
1. Thomas M. Mishoe, Jr. Gross pay 14,135 14,135
EE exp rpt reimbursement 163 163
2. John H. Bryson, III Gross pay 6,663 6,663
EE exp rpt reimbursement 280 280
3. Kathryn L. Tyler Gross pay 7,673 7,673
EE exp rpt reimbursement 44 44
4.
5.
6. TOTAL PAYMENTS
TO INSIDERS 28,959 28,959
PROFESSIONALS
DATE OF COURT TOTAL
ORDER AUTHORIZING AMOUNT AMOUNT TOTAL PAID INCURRED
NAME PAYMENT APPROVED PAID TO DATE & UNPAID *
---- ------- -------- ---- ------- ----------
1. No payments made to professionals during June. All professionals were provided with retainers pre-petition. Unknown
2.
3.
4.
5.
6. TOTAL PAYMENTS
TO PROFESSIONALS Unknown
* INCLUDE ALL FEES INCURRED, BOTH APPROVED AND UNAPPROVED
POSTPETITION STATUS OF SECURED NOTES, LEASES PAYABLE AND ADEQUATE PROTECTION
PAYMENTS
SCHEDULED AMOUNTS
MONTHLY PAID TOTAL
PAYMENTS DURING UNPAID
NAME OF CREDITOR DUE MONTH POSTPETITION
- ---------------- --- ----- ------------
1. See attached
2.
3.
4.
5.
6. TOTAL 85,203.52 62,730.00 22,473.52
CASE NAME: Open Plan Systems, Inc. CASH BASIS-5
CASE NUMBER: 02-64657 02/13/95
MONTH: June 2002
SCHEDULED AMOUNTS
MONTHLY PAID TOTAL
PAYMENTS DURING UNPAID
NAME OF CREDITOR DUE MONTH POSTPETITION
- ---------------- --- ----- ------------
1. Ford Credit 619.70 619.70 0.00
2. Ford Credit 569.07 0.00 569.07
3. GMAC 370.54 0.00 370.54
4. GMAC 509.52 0.00 509.52
5. Mercedes Benz Credit Corporation 806.65 806.65 0.00
6. Volvo Commercial Finance 1,276.34 1,276.34 0.00
7. Volvo Commercial Finance 1,826.31 1,826.31 0.00
8. Wachovia Bank, NA (int.only on line of credit) 14,801.00 14,801.00 0.00
9. Citicorp Vendor Finance 3,594.85 0.00 3,594.85
10. Corporate Woods Associates, LLC 2,087.00 0.00 2,087.00
11. GMAC 383.84 0.00 383.84
12. GMAC 391.70 0.00 391.70
13. GMAC 399.96 0.00 399.96
14. GMAC 385.86 0.00 385.86
15. GMAC 369.07 0.00 369.07
16. GMAC 399.57 0.00 399.57
17. GMAC 381.40 0.00 381.40
18. GMAC 433.22 0.00 433.22
19. MAC Associates 2,943.75 0.00 2,943.75
20. Haynes Management Inc 1,470.00 0.00 1,470.00
21. Helmsley-Spear, Inc. 2,275.30 2,275.30 0.00
22. Hyster Credit Company 341.72 0.00 341.72
23. Hyster Credit Company 536.09 0.00 536.09
24. Liberty Property Trust 33,708.00 32,915.31 792.69
25. Peachtree NE Partners, LLC 3,422.67 0.00 3,422.67
26. The Bloom Organization 2,691.00 0.00 2,691.00
27. Advantis 8,209.39 8,209.39 0.00
TOTAL 85,203.52 62,730.00 22,473.52
CASE NAME: Open Plan Systems, Inc. CASH BASIS-6
CASE NUMBER: 02-64657 02/13/95
MONTH: Jun-02
QUESTIONNAIRE
YES NO
--- --
1. HAVE ANY ASSETS BEEN SOLD OR TRANSFERRED OUTSIDE
THE NORMAL COURSE OF BUSINESS THIS REPORTING PERIOD? X
2. HAVE ANY FUNDS BEEN DISBURSED FROM ANY ACCOUNT
OTHER THAN A DEBTOR IN POSSESSION ACCOUNT? X
3. ARE ANY POSTPETITION RECEIVABLES (ACCOUNTS, NOTES, OR
LOANS) DUE FROM RELATED PARTIES? X
4. HAVE ANY PAYMENTS BEEN MADE ON PREPETITION LIABILITIES
THIS REPORTING PERIOD? X
5. HAVE ANY POSTPETITION LOANS BEEN RECEIVED BY THE
DEBTOR FROM ANY PARTY? X
6. ARE ANY POSTPETITION PAYROLL TAXES PAST DUE? X
7. ARE ANY POSTPETITION STATE OR FEDERAL INCOME TAXES
PAST DUE? X
8. ARE ANY POSTPETITION REAL ESTATE TAXES PAST DUE? X
9. ARE ANY OTHER POSTPETITION TAXES PAST DUE? X
10. ARE ANY AMOUNTS OWED TO POSTPETITION CREDITORS
DELINQUENT? X
11. HAVE ANY PREPETITION TAXES BEEN PAID DURING THE
REPORTING PERIOD? X
12. ARE ANY WAGE PAYMENTS PAST DUE? X
IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS "YES," PROVIDE A DETAILED
EXPLANATION OF EACH ITEM. ATTACH ADDITIONAL SHEETS IF NECESSARY.
See Attached
INSURANCE
YES NO
--- --
1. ARE WORKER'S COMPENSATION, GENERAL LIABILITY AND OTHER
NECESSARY INSURANCE COVERAGES IN EFFECT? X
2. ARE ALL PREMIUM PAYMENTS PAID CURRENT? X
3. PLEASE ITEMIZE POLICIES BELOW.
IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS "NO," OR IF ANY POLICIES HAVE
BEEN CANCELLED OR NOT RENEWED DURING THIS REPORTING PERIOD, PROVIDE AN
EXPLANATION BELOW. ATTACH ADDITIONAL SHEETS IF NECESSARY.
The Company's insurance policies (general liability, auto, unbrella,
workman's compensation, property) have been paid in full through their
expiration date of 8/1/02. The Company has received notice from the carrier
of its intent not to renew. Coverage beginning 8/1/02 has not yet been
obtained.
INSTALLMENT PAYMENTS
TYPE OF PAYMENT AMOUNT
POLICY CARRIER PERIOD COVERED & FREQUENCY
-- -- -- --
CASE NAME: Open Plan Systems, Inc. CASH BASIS-6
CASE NUMBER: 02-64657 02/13/95
MONTH: Jun-02
QUESTIONNAIRE
2. Open Plan Systems maintains two other accounts in addition to the DIP account
used at Wachovia. Payments to creditors and payroll is paid from the DIP account
at Wachovia. The other two accounts (Suntrust and Fleet) receive funds from
customers and these funds are then transferred periodically to the DIP account
at Wachovia.
4. Some of the June scheduled payments on secured loans entered into prior to
the petition date were paid during June (See Schedule Cash Basis-4). In
addition, the Company paid interest only to Wachovia Bank on its prepetition
line of credit.
10. The Company does have past due balances with post petition creditors as of
June 30, 2002 of approximately $31,000. See Schedule Cash Basis-4 for a detailed
listing.