Debtor: Unitel Video ACCRUAL BASIS-1
Case No.: 99-2979 (PJW)
OFFICE OF THE UNITED STATES TRUSTEE -- REGION 3
MONTHLY OPERATING REPORT
for the month ending September, 1999
================================================================================
Document Previously Explanation
Required Attachments: Attached Submitted Attached
1. Tax Receipts ( ) ( ) (X) (To be provided in
subsequent report)
2. Bank Statements (X) ( ) ( )
3. Most recently filed
Income Tax Return ( ) (X) ( )
4. Most recent Annual Financial ( ) (X) ( )
Statements prepared by accountant
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 (ACCRUAL BASIS-1 THROUGH ACCRUAL BASIS-9) AND THE ACCOMPANYING
ATTACHMENTS AND, TO THE BEST OF MY KNOWLEDGE, THESE DOCUMENTS ARE TRUE, CORRECT
AND COMPLETE. DECLARATION OF PREPARER (OTHER THAN RESPONSIBLE PARTY) IS BASED ON
ALL INFORMATION OF WHICH PREPARER HAS ANY KNOWLEDGE.
RESPONSIBLE PARTY:
Getzler & Co.
/s/ Ira Glazer CONSULTANT for Unitel Video Inc.
- -------------------------------------- ---------------------------------
SIGNATURE OF RESPONSIBLE PARTY TITLE
/s/ Ira Glazer 12/10/99
- -------------------------------------- ---------------------------------
PRINTED NAME OF RESPONSIBLE PARTY DATE
PREPARER:
/s/ Sandra Brethower Accountant
- -------------------------------------- ---------------------------------
SIGNATURE OF PREPARER TITLE
/s/ Sandra Brethower 12/10/99
- -------------------------------------- ---------------------------------
PRINTED NAME OF PREPARER DATE
All Chapter 11 debtors must file this report with the Court and serve a copy on
the United States Trustee no later than the 15th day of the month following the
end of the month covered by the report.
PREPARED 12-2-99
UNITEL VIDEO, INC. SEPTEMBER '99 FINANCIAL STATEMENTS
================================================================================
INCOME STATEMENT
Sep-99
================================================================================
Revenues $2,365,691
- --------------------------------------------------------------------------------
================================================================================
Cost of Sales
- --------------------------------------------------------------------------------
Rent $ 148,817
- --------------------------------------------------------------------------------
Payroll $ 354,647
- --------------------------------------------------------------------------------
Equipment leases $ 35,726
- --------------------------------------------------------------------------------
Rent $ 148,817
- --------------------------------------------------------------------------------
Other COGS $ 390,081
- --------------------------------------------------------------------------------
Total COGS $1,078,088
================================================================================
Operating Expenses
- --------------------------------------------------------------------------------
Officer/insider compensation $ 74,173
- --------------------------------------------------------------------------------
Overhead payroll $ 76,799
- --------------------------------------------------------------------------------
Insurance $ 6,726
- --------------------------------------------------------------------------------
Other SG&A $ 84,473
- --------------------------------------------------------------------------------
Total Operating Expenses $ 242,171
- --------------------------------------------------------------------------------
================================================================================
Gain on sale of equipment $ 25,000
- --------------------------------------------------------------------------------
================================================================================
Depreciation & Amortization $ 428,747
- --------------------------------------------------------------------------------
================================================================================
Interest expense $ 287,112
- --------------------------------------------------------------------------------
================================================================================
Reorganization expenses
- --------------------------------------------------------------------------------
Professional fees (Kaye Scholer, Getzler, Heller) $ 252,832
- --------------------------------------------------------------------------------
U.S. Trustee fees $ 1,000
- --------------------------------------------------------------------------------
Total Reorganization Expenses $ 253,832
- --------------------------------------------------------------------------------
================================================================================
Net Profit (loss) $ 100,741
================================================================================
Notes
Officer/insider compensation is payroll only; doesn't include payroll tax;
payroll tax is included in the direct portion
Interest expense includes many equipment leases
PREPARED 12-2-99
UNITEL VIDEO, INC. SEPTEMBER '99 FINANCIAL STATEMENTS
===============================================================================
BALANCE SHEET
===============================================================================
Cash $ 166,392
Net accounts receivable $ 3,605,093
Prepaid corporate tax & expenses, deferred tax asset $ 543,395
- -------------------------------------------------------------------------------
Total Current Assets $ 4,314,880
- -------------------------------------------------------------------------------
PP&E $ 92,693,723
Accumulated depreciation $ 51,640,699
- -------------------------------------------------------------------------------
Net PP&E $ 41,053,024
- -------------------------------------------------------------------------------
Deferred taxes $ 2,157,058
Other Assets $ 1,971,675
Goodwill $ 1,433,243
===============================================================================
Total Assets $ 50,929,880
===============================================================================
Prepetition accounts payable $ 7,795,323
Postpetition accounts payable $ 361,834
Accrued expenses $ 2,876,785
Payroll & related expense $ 764,088
Current maturity of secured long-term debt $ 16,985,741
Current maturity of unsecured long-term debt $ 1,069,629
- -------------------------------------------------------------------------------
Total current liabilities $ 29,853,400
- -------------------------------------------------------------------------------
Secured long-term debt $ 19,979,888
Unsecured long-term debt $ 1,258,178
Accrued retirement expense $ 917,276
- -------------------------------------------------------------------------------
Long-term liabilities $ 22,155,342
- -------------------------------------------------------------------------------
Common stock $ 26,755
Add'l paid-in capital $ 27,286,352
Treasury stock $ (7,645,089)
Retained earnings $(20,851,417)
YTD Income/loss $ 104,536
- -------------------------------------------------------------------------------
Total stockholders' equity $ (1,078,863)
- -------------------------------------------------------------------------------
===============================================================================
Total liabilities & stockholders' equity $ 50,929,879
===============================================================================
PREPARED 12-2-99
UNITEL VIDEO, INC. SEPTEMBER '99 FINANCIAL STATEMENTS
================================================================================
PAYMENTS TO INSIDERS AND PROFESSIONALS
================================================================================
================================================================================================
INSIDERS
================================================================================================
Cumulative Unpaid
NAME Position Type of Payment Amount Paid Balance
- ------------------------------------------------------------------------------------------------
Richard Clouser President - Mobile AMEX $ 12,259.44
- ------------------------------------------------------------------------------------------------
Richard Clouser President - Mobile Salary $ 18,300.00
- ------------------------------------------------------------------------------------------------
Barry Knepper CEO Salary $ 18,300.00
- ------------------------------------------------------------------------------------------------
TOTAL PAYMENTS TO INSIDERS $ 48,859.44
================================================================================================
================================================================================
PROFESSIONALS
================================================================================
Type of Date of Court Order Amount Amount Total Paid
NAME Professional Authorizing Payment Approved Paid to Date
================================================================================
================================================================================
================================================================================
ADEQUATE PROTECTION PAYMENTS
================================================================================
SCHEDULED MONTHLY AMOUNTS PAID DURING TOTAL UNPAID
NAME OF CREDITOR PAYMENTS DUE MONTH POSTPETITION
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
================================================================================
================================================================================
ACCOUNTS RECEIVABLE AGING
================================================================================
0-30 days old $ 3,121,236
31-60 days old $ 196,370
61-90 days old $ 364,074
91+ days old $ 190,908
TOTAL ACCOUNTS RECEIVABLE $ 3,872,588
AMOUNT CONSIDERED UNCOLLECTIBLE $ 74,536
ACCOUNTS RECEIVABLE (NET) $ 3,798,052
================================================================================
======================================
AGING OF POSTPETITION ACCOUNTS PAYABLE
================================================================================
0-30 DAYS 31-60 DAYS 61-90 DAYS 91+ DAYS TOTAL
================================================================================
ACCOUNTS PAYABLE $355,292 $6,541 $361,833
================================================================================
================================================================================
STATUS OF POSTPETITION TAXES
================================================================================
BEGINNING AMOUNT
TAX WITHHELD/ AMOUNT ENDING TAX DELINQUENT
LIABILITY ACCRUED PAID LIABILITY TAXES
================================================================================
FEDERAL
================================================================================
Withholding $ 80,329 $ 80,329 $ --
FICA - Employee $ 24,475 $ 24,475 $ --
FICA - Employer $ 24,475 $ 24,475 $ --
Unemployment $ 143 $ 143 $ --
Income
Other
================================================================================
Total Federal Taxes $129,422 $129,422 $ --
================================================================================
STATE & LOCAL
================================================================================
Withholding $ 22,191 $ 22,191 $ --
Sales $ 35 $ 35 $ --
Excise
Unemployment $ 1,513 $ 1,513 $ --
Real Property $ 20,471 $ -- $ 20,471
Personal Property $129,874 $ -- $129,874
Other - (Commercial Rent Tax) $ -- $ -- $ 7,500
================================================================================
TOTAL STATE AND LOCAL $174,084 $ 23,739 $157,845
================================================================================
TOTAL TAXES $303,506 $153,161 $157,845
================================================================================
PREPARED 12-2-99
UNITEL VIDEO, INC. SEPTEMBER '99 FINANCIAL STATEMENTS
================================================================================
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 disburwsed 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 past due? X
- --------------------------------------------------------------------------------
11. Have any prepetition taxes been paid during the reporting
period? X
- --------------------------------------------------------------------------------
12. Are any wage payments past due? X
================================================================================
================================================================================
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
================================================================================
================================================================================================================
INSURANCE POLICIES
================================================================================================================
TYPE OF INSURANCE BROKER PAYMENT
- ----------------------------------------------------------------------------------------------------------------
Directors & Officers Liability; ARC Excess & Surplus, LLC - $6,725 monthly through 3/00;
Misc. Professional Liability; financing through AI Credit expires 6/00
Pension Trust Fiduciary Liability
- ----------------------------------------------------------------------------------------------------------------
Property Policy FM Global -- financing through AFCO Down payment -- $34,449; 7
installments of $11,849
- ----------------------------------------------------------------------------------------------------------------
General liability; auto disability; SCS Agency 9 payments of $10,113 commencing
mobile liability; foreign 12-3-99; disability through 10/00
liability; DICE; workers' comp &
two umbrella liability policies
- ----------------------------------------------------------------------------------------------------------------
Travel accident HG Enterprises Renewed through 11/00
================================================================================================================
================================================================================
PREPETITION PAYMENTS OF LIABILITIES AND TAXES
NYS Sales Tax $ 76,600
401K Plan $ 96,700
Employee T&E $ 10,000
Flex Spending 7-99 $ 6,500
Life Ins old - Guardian $ 6,200
Life Ins new - Met Life $ 2,300
Sht term disab - Zurich $ 2,500
LTD UNUM $ 19,600
Delaware Taxes $ 4,200
Commercial Rent Tax $ 30,000
Total $254,600
================================================================================
A B F
133 Pre Petition Payments of liabilities and taxes.
134 requested
135 Insurance 9/28/99
136 Firemans Fund Workers Comp
137 Firemans Fund Comp, Genl Liab Auto
138 Credit at SCS Agency
139 National Union Fire Directors and Officers*
140 National Union Fire Pension and Welfare*
141 Columbia Casualty Prof Liability*
142 Arkwright Insurance Prop, Casualty, Fidelity, Crime
143 Arkwright Insurance Prop, Casualty, Fidelity, Crime
144
145 *financed with A I Credit
146
147 NYS Sales Tax 76.6
148 401K Plan 7/2 to 8/13 96.7
149 IBEW Union Dues
150 NY Editor and Sales Co 31-May
151 Vacation Pay term emp
152 Employee T&E 10
153 Flex Spending 7/99 Jul-99 6.5
154 Amex Card Charges May to July
155 Amex Card Charges Aug estimate
156 Life Ins old-Guardian May to June 6.2
157 Life Ins new-Met Life 7/1/99 2.3
158
159 Aetna Health Plans Clm runoff old self plan
160 Stop loss and admin fe July and Aug
162 Dental July and Aug
163
164 Sht term disab-Zurich Jan-Jun 99 2.5
165 LTD UNUM Mar-Jul 99 19.6
166
167 Deleware Taxes 2nd qtr corp tax 4.2
168 Commercial Rent Tax 2/99 never paid 30
169
170
171 LA Payroll overdraft
172 LA Severance due 8/20-10/29
173 LA Vacation due 8/20-10/29
174 LA Vacation 8/6-8/13
175
176 Immediate Mobile ongoing
178 254.6
===========================================================================================
PERSONNEL
===========================================================================================
FULL TIME PART TIME
- -------------------------------------------------------------------------------------------
1. Total number of employees at beginning of period 88 21
- -------------------------------------------------------------------------------------------
2. Number of employees hired during the period 0 0
- -------------------------------------------------------------------------------------------
3. Number of employees terminated or resigned during the period 17 0
- -------------------------------------------------------------------------------------------
4. Total number of employees on payroll at end of period 71 21
===========================================================================================
================================================================================
CHANGE OF ADDRESS
================================================================================
Mailing address has not changed
================================================================================
PREPARED 12-2-99
UNITEL VIDEO, INC. SEPTEMBER '99 FINANCIAL STATEMENTS
========================================================================================================
CASH RECEIPTS AND DISBURSEMENTS
September
Payroll NY Mobile Petty Cash Total
========================================================================================================
1 Cash-Beginning of Month $ 9,978 $ (92,611) $ (6,911) $ 81,689 $ (7,855)
--------------------------------------------------------------------------------------------------------
RECEIPTS
2 Cash Sales $ 23,311 $ 23,311
3 Accounts Receivable Collections
4 Loans & Advances $ -- $ 1,242,161 $ 322,770 $ 1,564,931
5 Sale of Assets $ --
6 Lease & Rental Income $ --
7 Wages $ --
8 Other $ --
9 Total Receipts(Total Lines 2-8) $ -- $ 1,265,472 $ 322,770 $ -- $ 1,588,242
--------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------
DISBURSEMENTS
10 Net Payroll $ (8,304) $ 450,149 $ 441,845
11 Payroll Taxes $ 232,776 $ 232,776
12 Sales, Use & Other Taxes Paid $ 76,616 $ 76,616
13 Inventory Purchases $ $ --
14 Mortgage Payments $ $ --
15 Other Secured Note Payments $ $ --
16 Rental & Lease Payments $ 139,742 $ 21,240 $ 160,982
17 Utilities $ 2,072 $ 3,022 $ 5,094
18 Insurance $ 66,576 $ 977 $ 67,553
19 Vehicles Expenses $ $ --
20 Travel $ 2,410 $ 6,000 $ 8,410
21 Entertainment $ $ --
22 Repairs & Maintenance $ 43,818 $ 1,033 $ 44,851
23 Supplies $ --
24 Advertising $ --
25 Household Expenses $ --
26 Charitable Contributions $ --
27 Gifts $ --
28 Other (Attach List) $ (3,773) $ 93,746 $ 261,094 $ 24,800 $ 375,867
29 Total Lines 10-28 $ (12,077) $ 1,107,905 $ 293,366 $ 24,800 $ 1,413,994
--------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------
REORGANIZATION EXPENSES
30 Professional Fees $ --
31 U.S. Trustee Fees $ --
32 Other (Attached List) $ --
--------------------------------------------------------------------------------------------------------
33 Total Lines 30-32 $ -- $ -- $ -- $ -- $ --
34 Total Disbursements (Line 29-33) $ (12,077) $ 1,107,905 $ 293,366 $ 24,800 $ 1,413,994
35 Net Cash Flow (Line 9 - Line 34) $ 12,077 $ 157,567 $ 29,404 $ (24,800) $ 174,248
36 Cash-End of Month (Line 1 + Line 35) $ 22,055 $ 64,956 $ 22,493 $ 56,889 $ 166,393
========================================================================================================
PREPARED 12-2-99
UNITEL VIDEO, INC. SEPTEMBER '99 FINANCIAL STATEMENTS
============================================================================================
OTHER CASH DISBURSEMENTS
Payroll NY Mobile Petty Cash Total
============================================================================================
Security $ 21,096 $ 21,096
Equipment Rental $ 4,129 $ 55,247 $ 59,376
Shipping, Postage & Messenger $ 5,968 $ 33,389 $ 39,357
Bank Charges $ 1,771 $ 126 $ 1,897
Freelancers $ 8,461 $ 28,453 $ 36,914
Corporate Income Tax $ 4,170 $ 4,170
401K $ 47,891 $ 47,891
Perdiems, Airfare, Hotels $ (3,773) $131,628 $ 25,000 $152,855
Equipment R&M, Truck Rentals, Fuel $ 7,293 $ 7,293
Miscellaneous $ 260 $ 4,958 $ (200) $ 5,018
-------------------------------------------------------
Total Other Cash Disbursements $ (3,773) $ 93,746 $261,094 $ 24,800 $375,867
============================================================================================
===============================================================================
SCHEDULE OF DISBURSEMENTS - NEW YORK DIVISION
Check # Date Vendor Amount
===============================================================================
7956 9/1 Burns Int'l Security $2,689
7958 9/2 Shield Locksmith $595
7960 9/3 Burns Int'l Security $214
8000 9/7 LRED Cleaning $7,000
8001 9/7 Burns Int'l Security $1,247
Wire 9/7 Post 38 Petty Cash $300
8002 9/8 Safeway Security $65
8004 9/8 Rapid Parking $430
8005 9/9 Burns Int'l Security $7,800
8006 9/9 AD Winston $343
8007 9/9 M. Epstein $205
8009 9/9 D. Reynolds $1,000
267 9/10 Void -$2,400
8010 9/13 Liman Video Rental $300
8011 9/13 Liman Video Rental $250
8012 9/13 Bax Global $890
8013 9/13 Q-TV Prompting Service $300
8014 9/13 Burns Int'l Security $877
8015 9/13 Fidelity $12,753
Bank Fee 9/15 Fleet Bank $1,771
8016 9/14 AD Winston $2,436
8017 9/14 AD Winston $3,000
8018 9/14 US Post Office $300
8020 9/15 TW Smith Corp $177
8022 9/15 Scharff Weisburg $395
8023 9/15 Bavaro Carting Corp $2,065
8024 9/15 Central Parking $175
8025 9/15 East Side Communications $103
8026 9/15 M. Epstein $95
8027 9/15 LRED Cleaning $6,999
8028 9/15 Liman Video Rental $1,115
8029 9/15 NYS Sales Tax $32,386
8030 9/15 NYS Sales Tax $20,248
8031 9/15 Scharff Weisburg $364
8032 9/17 Hilson Management $35,147
8033 9/17 ES Gordon $26,250
8034 9/17 ES Gordon $26,250
8035 9/17 Burns Int'l Security $877
8036 9/17 Locksmith Express $379
8039 9/21 Burns Int'l Security $2,419
8040 9/21 Quinn & Feiner $3,000
8041 9/21 Quinn & Feiner $3,453
8042 9/21 Scharff Weisburg $1,220
8043 9/21 Burns Int'l Security $877
8044 9/21 M. Epstein $314
8045 9/22 Petty Cash $250
8046 9/22 ASL $2,400
8047 9/22 LRED Cleaning $6,995
8053 9/22 Freight Specialists $414
8048 9/23 American Honda $553
8051 9/23 Scharff Weisburg $185
8052 9/23 Tasos $50
8053 9/23 Petty Cash $414
8054 9/24 Fidelity Investements $24,439
8055 9/24 Tom Eyring $2,178
8056 9/24 Burns Int'l Security $3,057
8059 9/24 John Blake $2,405
8061 9/27 Waterfront Communications $2,400
8062 9/28 AI Credit $6,726
8064 9/28 LRED Cleaning $7,502
8065 9/29 ASL $1,800
8066 9/29 D. Reynolds $264
8067 9/29 Data Profit $500
8068 9/29 NYS Sales Tax $23,982
8069 9/29 Aetna $51,110
8070 9/29 Delaware Secretary of State $4,170
8071 9/29 Fidelity $10,699
8080 9/29 Tribus Financial $2,642
7766 9/29 Void -$431
8072 9/30 Bankruptcy Services $2,800
8073 9/30 Finova Capital $16,262
8074 9/30 ASL $1,856
8075 9/30 M. Epstein $235
8076 9/30 Met Life $2,261
8077 9/30 Tribus Financial $375
8063 9/30 Educational Broadcast $35,833
8079 9/30 Tribus Financial $3,462
8081 9/30 US Postmaster $300
Total Disbursements $424,761
Net Payroll $450,149
Payroll Taxes $232,776
- -------------------------------------------------------------------------------
Total September Disbursements $1,107,686
===============================================================================
PREPARED 12-2-99
UNITEL VIDEO, INC. SEPTEMBER '99 FINANCIAL STATEMENTS
=====================================================================================================================
MELLON CHECKBOOK RECONCILIATION
-------------------------------
September 1999
- --------------
Disbursements
9/3/99 W/T FEE $12.00
40999 9/3/99 PC $8,500.00
9/3/99 W/T FEE $12.00
41000 9/3/99 SOS SHIPPING $6,000.00
41001 9/3/99 WARWICK JAYS $4,661.15
41002 9/3/99 RADISSON JAYS $0.00
41003 9/3/99 UNITEL NY $14,750.00(1)
41004 9/3/99 BEXEL VMA'S $20,000.00
41005 9/3/99 ROSSI SHIPPING $900.00
41006 9/3/99 UNITEL BURBANK PC $3,000.00
41007 9/8/99 PC $4,800.00
9/9/99 W/T FEE $12.00
41008 9/9/99 PC DAVE MATTHEWS $305.00 $4,700.00
41009 9/9/99 FREELANCE (CANBY) DRIVER $1,400.00
41010 9/10/99 PC OHIO LOTTERY $250.00 $4,500.00
41002 9/10/99 VOID RADISSON JAYS DETROIT $0.00
41011 9/10/99 REISSUE RADISSON JAYS DETROIT $1,284.00
9/10/99 W/T FEE $12.00
41012 9/10/99 BEXEL MATTHEWS/EMMYS $12,500.00
41013 9/10/99 MOVIE MOBILE MISS AMERICA $3,455.00
41014 9/10/99 ROSSI DLVY MISS AMERICA $875.00
41015 9/10/99 TRAVEL TECHNOLOGY AIRLINE TICKETS $10,000.00
41016 9/10/99 SOS GLOBAL SHIPPING $7,479.20
41017 9/10/99 REIMB PERS CLOUSER AIRLINE TICKETS $12,259.44
41018 9/15/99 PC PER DIEM: $3,980.00
9/15/99 W/T FEE $12.00
41020 9/15/99 MENDOZA CLEANING SERV. $540.00
41021 9/15/99 BOLISH DRIVER $3,850.00
41019 9/16/99 PC PER DIEM: $4,825.00
41022 9/16/99 Void $0.00
41023 9/16/99 Void $0.00
41024 9/16/99 FREELANCE MURRELL DRIVER $1,800.00
41025 9/16/99 FREELANCE WILL,M DRIVER $2,000.00
41026 9/17/99 PC PER DIEM: $3,420.00
41034 9/17/99 FREELANCE CANBY DRIVER $1,400.00
41035 9/17/99 FREELANCE BOLISH DRIVER $1,200.00
41036 9/17/99 FREELANCE MURRELL DRIVER $1,500.00
41037 9/17/99 FREELANCE WILL, M DRIVER $5,100.00
41038 9/17/99 BRUCE PLASTICS PITTSBURGH RENT $6,400.00
41039 9/17/99 GAB, INC BURBANK RENT $14,840.00
41040 9/17/99 SOS SHIPPING $6,949.10
41063 9/17/99 UNITEL BURBANK PETTY CASH $5,000.00
41027 9/20/99 HAMPTON INN JAYS HOTEL $3,488.40
41028 9/20/99 PAPER PRODUCTS GAFFERS TAPE $492.48
41029 9/21/99 PC PER DIEM: $4,810.00
41030 9/21/99 TRAVEL TECHNOLOGY AIRLINE TICKETS $10,000.00
41031 9/21/99 LEFF ELECTRONICS BATTERIES $396.79
41032 9/21/99 Blue Cross of Ca Hayes, Healy $977.00
9/21/99 W/T FEE $12.00
41064 9/22/99 DUKE CITY RENTALS $9,690.00
41033 9/22/99 DUKE CITY REPL BROKEN GEAR $1,400.00
41041 Void $0.00
41042 9/22/99 BVR RENTAL $315.00
41043 Void $0.00
41044 9/22/99 TRAVEL TECHNOLOGY AIRLINE TICKETS $5,000.00
41045 9/23/00 PC WILL, M ACCTBLE $1,000.00
9/23/99 W/T FEE $12.00
41046 9/24/99 PC PER DIEM: $9,070.00
41047 9/21/99 Void $0.00
41048 9/24/99 Mellon Bank Cashiers check FSI $1,223.92
41049 9/24/99 SCHARFF WEISBERG RENTAL $232.00
41050 9/24/99 Marriott Westshore Hotel Rooms $4,038.58
41051 9/24/99 Cleveland Marriott Hotel Rooms $4,919.04
41052 9/24/99 Glen Levine Ariline ticket reimb $623.00
41053 9/24/99 Travel Technology Ariline Tickets $5,000.00
41054 9/24/99 Heitman Video Service Camera Rental $300.00
41055 9/24/99 Pa Turnpike Comm Tolls $831.49
41056 9/24/99 Courtage BGL Brokerage Shipping Canada $1,872.50
41057 9/24/99 Fontastics Infinit Rentals HBO $2,519.45
41058 9/24/99 Kevin M Hayes Expenses $6,000.00
41059 9/24/99 SOS Global Shipping $3,898.90
41060 9/24/99 Paper Products Tape $99.36
41061 9/24/99 Rollins Inv $704.24
41062 9/24/99 Ted Bolish Driver $1,500.00
41065 9/24/99 Void $0.00
41066 9/24/99 Yellott Canby Driver $1,800.00
41067 9/24/99 Robert Murrell Driver $1,650.00
41068 9/27/99 Cash/PC Samler/Wheel $500.00 $5,000.00
41069 9/27/99 Ramtronix COD $578.50
41070 9/27/99 Rossi Delivery Service Shipping $270.00
41071 9/27/99 Ryder Transportation Fuel/Leasing $4,235.15
41072 9/27/99 Sony Electronics Tape Stock $3,944.80
41073 9/28/99 Browning Ferris Garbage Removal $222.94
41074 9/28/99 DBA Pagenet Pagers $500.92
41075 9/28/99 Pitney Bowles Copier/Access $649.49
41076 9/28/99 Rollins Silver/Gold $4,419.50
41077 9/28/99 Skytel Pagers $921.17
41078 9/28/99 Bell Atlantic Security Deposit $1,600.00
41079 9/28/99 Travel Technology Airline Tickets $10,000.00
41080 9/28/99 Express One (DHL) Shipping $26.85
41081 9/28/99 Wayne Barnhart Janitorial $180.00
41082 9/28/99 Luis Mendoza Janitorial $90.00
41083 9/28/99 Robert Murrell Freelance Driver $1,650.00
41084 9/28/99 NAPA Battery COD $218.00
40892 8/31/99 Stop Payment Fee $30.00
41002 9/3/99 Stop Payment Fee $30.00
41085 9/29/99 Hampton Inn Hotel Rooms $619.36
41086 9/30/99 Paper Products Tape 1/2 order $193.20
41087 9/30/99 Cash/PC $400.00 $2,740.00
41088 9/30/99 Frank Lewis Reimb Hotel Charge $337.08
9/30/99 Wire Transfer Fee $12.00
41089 9/30/99 Void $0.00
41090 9/30/99 SOS Shipping $3,640.70
41091 9/30/99 Ryder Tractor Rental $347.21
41092 9/30/99 Bexel Pedestal Rental $700.00
41093 9/30/99 Ted Bolish Freelance Driver $900.00
Total Disbursements September 1999 $311,860.91
-----------
Less wire to NY ($14,750.00)
Error on Ck# 41090 Adj 10/99 ($3,000.00)
-----------
Total Disbursements $294,110.91
-----------
(1) less wire transfer to NY (14,750)
Error on check #41090 Adj 10/99 (3,000)
-----------
Total Disbursements $294,110.91
=====================================================================================================================
PREPARED 12-2-99
UNITEL VIDEO, INC. SEPTEMBER '99 FINANCIAL STATEMENTS
======================================================================================================
MONTH: SEP 99 Inactive
BANK RECONCILIATIONS Account #1 Account #2 Account #3 Account #4
------------------------------------------------------------------------------------------------------
A BANK: Fleet Fleet Mellon Fleet
B ACCOUNT NUMBER: 9417-544821 9415-859803 038-5545 9417-549227
C PURPOSE (TYPE) Payroll A/P A/P Petty Cash
-- -- -- --
1 Balance per Bank Statement $34,055 $249,303 $410,099 $1,253
2 Total Deposits Not Credited
3 Outstanding Checks $9,518 $184,348 $52,577
4 +/- Other reconciling items (Attach List) -$2,483 -$335,030
5 Month end balance per books $22,055 $64,956 $22,493 $1,253
6 Number of last check written $1,420 $8,081 $41,272
------------------------------------------------------------------------------------------------------
Inactive Inactive
BANK RECONCILIATIONS Account #5 Account #6 Account #7 Account #8
------------------------------------------------------------------------------------------------------
A BANK: Wells Fargo Wells Fargo Mellon Union BOC
B ACCOUNT NUMBER: 4159-405224 0290-519198 167-5894 0720089084
C PURPOSE (TYPE) Payroll A/P Petty Cash A/P
1 Balance per Bank Statement $0 $1,680 $750 -$10
2 Total Deposits Not Credited $3,456 $0 $0 $0
3 Outstanding Checks $0
4 +/- Other reconciling items (Attach List) $24,250 $25,010
5 Month end balance per books $3,456 $1,680 $25,000 $25,000
6 Number of last check written
11 INVESTMENT ACCOUNTS - NONE
12 CURRENCY ON HAND $500
13 TOTAL CASH-END OF MONTH $166,392
======================================================================================================
================================================================================
FLEET PAYROLL BANK RECONCILIATION
BALANCE PER BANK 9/30/99 $34,055.08
LESS O/S CHECKS $(9,517.61)
BOOK BALANCE $24,537.47
BOOK BALANCE $22,054.50
DIFFERENCE $ 2,482.97
OUTSTANDING CHECK LIST:
Date CK # Amount
8/99 1079 $ 571.97
8/99 1141 $ 1,305.76
8/13 1191 $ 964.40 M. Mays stopped 10/13/99
8/27 1292 $ 261.67 replaced ck # 6133 10/12/99
9/10 1329 $ 528.57
9/10 1346 $ 483.71
9/10 1351 $ 823.11
9/10 1388 $ 817.70
9/24 1408 $ 637.73
9/24 1412 $ 596.91
9/24 1413 $ 637.73
9/24 1416 $ 271.86
9/24 1417 $ 1,031.21
9/24 1418 $ 241.16
9/24 1419 $ 344.12
$ 9,517.61
================================================================================
[LOGO] Fleet Bank
STATEMENT OF ACCOUNTS PAGE 1 OF 3
9417-544821
STATEMENT DATE
09/30/99
Questions?
Call our Business
116 Banking Center at
1-800-PARTNER
(1-800-727-8637)
Cash Reserve Payment
UNITEL VIDEO, INC -----------------------
PAYROLL CY
555 WEST 57TH STREET -----------------------
SUITE 1240 Please remit to:
NEW YORK NY 10019 FLEET BANK
140 ENCLOSED ITEMS Cash Reserve
PO Box 150456
Hartford, CT. 06115-0456
detach
===============================================================================================================
BEGINNING DEPOSITS, OTHER CHECKS, WITHDRAWALS, INTEREST ACCOUNT ACTIVITY ENDING
CHECKING BALANCE CREDITS OLDER DEBITS PAID & OTHER FEES BALANCE
- ---------------------------------------------------------------------------------------------------------------
9417-544821 46154.37 107247.66 119346.95 .00 .00 34055.08
- ---------------------------------------------------------------------------------------------------------------
ACCOUNT NO. 9417-544821 COMMERCIAL CHECKING PERIOD 09/01/99 THROUGH 09/30/99
BUSINESS BANKING CENTER ACCESS CODE 0571
- --------------------------------------------------------------------------------
- DEBITS AND CREDITS -
- --------------------------------------------------------------------------------
DATE DEBITS (-) CREDITS (+) DESCRIPTION
09-13 76,642.29 WIRE INTERNAL BOOK TRANS CR
09/13/99 000994
9999990913000994
1999091300061NTR
UNITEL VIDEO INC
09-24 30,605.37 WIRE INTERNAL BOOK TRANS CR
09/24/99 003696
9999990924003696
1999092400724NTR
UNITEL VIDEO INC
- --------------------------------------------------------------------------------
Notice: See reverse side for important information.
[LOGO] Fleet Bank
STATEMENT OF ACCOUNTS PAGE 2 OF 3
9417-544821
STATEMENT DATE
09/30/99
Questions?
Call our Business
116 Banking Center at
1-800-PARTNER
(1-800-727-8637)
Cash Reserve Payment
UNITEL VIDEO, INC -----------------------
PAYROLL CY
555 WEST 57TH STREET -----------------------
SUITE 1240 Please remit to:
NEW YORK NY 10019 FLEET BANK
Cash Reserve
PO Box 150456
Hartford, CT. 06115-0456
detach
================================================================================
ACCOUNT NO. 9417-544821 CONTINUED PERIOD 09/01/99 THROUGH 09/30/99
- ------------------------------------------------------------------------------------------------------
- CHECKS POSTED - - CHECKS POSTED - - CHECKS POSTED -
- ------------------------------------------------------------------------------------------------------
DATE CHECK NO. AMOUNT DATE CHECK NO. AMOUNT DATE CHECK NO. AMOUNT
09-02 1212 318.22 09-20 1310 490.51 09-14 1343 349.49
09-02 1222* 390.63 09-13 1311 370.71 09-14 1344 1,398.24
09-01 1228* 475.56 09-15 1312 747.53 09-14 1345 381.06
09-01 1258* 1,974.35 09-17 1313 2,289.01 09-20 1347* 1,097.70
09-02 1263* 1,898.44 09-14 1314 1,442.13 09-20 1348 273.96
09-07 1266* 624.99 09-16 1315 2,054.53 09-29 1349 138.28
09-01 1274* 620.05 09-15 1316 1,713.19 09-17 1350 1,921.41
09-02 1275 232.40 09-14 1317 438.43 09-15 1352* 209.59
09-01 1276 466.12 09-16 1318 1,467.03 09-20 1353 585.82
09-02 1277 608.32 09-15 1319 1,497.36 09-16 1354 1,029.03
09-01 1279* 1,562.51 09-16 1320 2,432.85 09-16 1355 1,704.56
09-02 1280 699.26 09-16 1321 1,742.04 09-13 1356 441.49
09-02 1282* 453.29 09-16 1322 1,709.73 09-15 1357 880.49
09-01 1283 315.28 09-15 1323 1,500.02 09-21 1358 318.64
09-08 1286* 515.22 09-15 1324 259.25 09-21 1359 1,839.43
09-01 1287 4,019.94 09-14 1325 1,018.44 09-14 1360 230.76
09-07 1288 815.00 09-14 1326 723.82 09-14 1361 927.30
09-03 1290* 481.45 09-14 1327 267.63 09-20 1362 474.01
09-07 1293* 658.08 09-16 1328 2,031.64 09-16 1363 295.61
09-01 1296* 750.64 09-16 1330* 1,375.47 09-20 1364 457.82
09-01 1298* 193.33 09-14 1331 2,309.88 09-24 1365 512.48
09-13 1299 774.87 09-16 1332 671.44 09-14 1366 84.79
09-13 1300 205.31 09-14 1333 2,431.28 09-17 1367 348.76
09-14 1301 221.33 09-14 1334 695.32 09-20 1368 221.28
09-14 1302 779.74 09-15 1335 669.13 09-20 1369 479.14
09-14 1303 476.55 09-21 1336 73.48 09-16 1370 872.51
09-14 1304 448.31 09-30 1337 333.75 09-21 1371 245.63
09-20 1305 739.97 09-14 1338 1,114.78 09-16 1372 396.96
09-14 1306 297.42 09-16 1339 870.51 09-14 1373 274.76
09-20 1307 965.04 09-13 1340 1,328.95 09-17 1374 681.91
09-15 1308 254.65 09-13 1341 1,241.39 09-21 1375 312.50
09-14 1309 280.63 09-13 1342 336.22 09-14 1376 1,001.86
CONTINUED
- --------------------------------------------------------------------------------
Notice: See reverse side for important information.
[LOGO] Fleet Bank
STATEMENT OF ACCOUNTS PAGE 3 OF 3
9417-544821
STATEMENT DATE
09/30/99
Questions?
Call our Business
116 Banking Center at
1-800-PARTNER
(1-800-727-8637)
Cash Reserve Payment
UNITEL VIDEO, INC -----------------------
PAYROLL CY
555 WEST 57TH STREET -----------------------
SUITE 1240 Please remit to:
NEW YORK NY 10019 FLEET BANK
Cash Reserve
PO Box 150456
Hartford, CT. 06115-0456
detach
================================================================================
ACCOUNT NO. 9417-544821 CONTINUED PERIOD 09/01/99 THROUGH 09/30/99
- -------------------------------------------------------------------------------------------------------
- CHECKS POSTED - - CHECKS POSTED - - CHECKS POSTED -
- -------------------------------------------------------------------------------------------------------
DATE CHECK NO. AMOUNT DATE CHECK NO. AMOUNT DATE CHECK NO. AMOUNT
09-21 1377 348.30 09-13 1393 519.00 09-29 1409* 621.61
09-28 1378 393.82 09-27 1394 1,889.04 09-28 1410 625.78
09-17 1379 408.83 09-27 1395 517.80 09-28 1411 705.68
09-16 1380 322.31 09-28 1396 528.19 09-29 1414* 210.38
09-24 1381 69.62 09-28 1397 1,756.09 09-28 1415 952.91
09-24 1382 306.16 09-24 1398 531.46 09-28 1420* 1,097.90
09-15 1383 96.93 09-28 1399 1,006.39 09-15 6122* 2,325.00
09-16 1384 467.50 09-27 1400 1,426.96 09-07 6124* 2,948.58
09-13 1385 516.72 09-30 1401 476.01 09-09 6125 122.40
09-21 1386 591.73 09-29 1402 931.29 09-10 6126 1,338.06
09-20 1387 1,138.98 09-28 1403 753.26 09-20 6127 1,822.18
09-21 1389* 852.07 09-29 1404 593.62 09-08 6128 807.75
09-17 1390 751.91 09-28 1405 530.12 09-14 6129 349.33
09-14 1391 2,008.77 09-29 1406 1,069.55 09-14 6130 895.82
09-15 1392 727.11 09-28 1407 1,442.41
* DENOTES SEQUENCE BREAK
- --------------------------------------------------------------------------------
- DAILY BALANCE SUMMARY -
- --------------------------------------------------------------------------------
DATE BALANCE DATE BALANCE DATE BALANCE
09-01 35,776.59 09-13 93,772.13 09-21 22,870.27
09-02 31,176.03 09-14 72,924.26 09-24 52,055.92
09-03 30,694.58 09-15 62,044.01 09-27 48,222.12
09-07 25,647.93 09-16 42,600.29 09-28 38,429.57
09-08 24,324.96 09-17 36,198.46 09-29 34,864.84
09-09 24,202.56 09-20 27,452.05 09-30 34,055.08
09-10 22,864.50
- --------------------------------------------------------------------------------
Notice: See reverse side for important information.
PREPARED 12-2-99
UNITEL VIDEO, INC. SEPTEMBER '99 FINANCIAL STATEMENTS
================================================================================
FLEET BANK RECONCILIATION
BALANCE PER BANK 9/30/99 $249,303.32
LESS O/S CHECKS $184,347.68
BOOK BALANCE 9/30/99 $ 64,955.64
OUTSTANDING CHECK LIST: CK # Amount
7387 $ 1,192.88
7419 $ 3,181.74
7420 $ 3,517.89
8029 $ 32,385.94
8030 $ 20,247.98
8035 $ 876.83
8048 $ 553.05
8051 $ 185.04
8052 $ 50.00
8059 $ 2,405.00
8064 $ 7,501.73
8068 $ 23,981.60
8069 $ 51,109.60
8070 $ 4,169.62
8080 $ 2,641.90
8065 $ 1,800.00
8066 $ 264.00
8067 $ 500.00
8072 $ 2,800.00
8073 $ 16,261.88
8074 $ 1,856.26
8075 $ 235.25
8076 $ 2,260.68
8077 $ 375.00
8079 $ 3,462.03
8081 $ 300.00
8318 $ 104.20
8317 $ 127.58
$184,347.68
================================================================================
[LOGO] Fleet Bank
STATEMENT OF ACCOUNTS PAGE 1 OF 7
9415-859803
STATEMENT DATE
09/30/99
Questions?
Call our Business
116 Banking Center at
1-800-PARTNER
(1-800-727-8637)
Cash Reserve Payment
UNITEL VIDEO, INC -----------------------
555 WEST 57TH STREET CY -----------------------
SUITE 1240 Please remit to:
NEW YORK NY 10019 FLEET BANK
55 ENCLOSED ITEMS Cash Reserve
PO Box 150456
Hartford, CT. 06115-0456
detach
===============================================================================================================
BEGINNING DEPOSITS, OTHER CHECKS, WITHDRAWALS, INTEREST ACCOUNT ACTIVITY ENDING
CHECKING BALANCE CREDITS OTHER DEBITS PAID & OTHER FEES BALANCE
- ---------------------------------------------------------------------------------------------------------------
9415-859803 19247.55 1480555.93 1250500.16 .00 .00 249303.32
- ---------------------------------------------------------------------------------------------------------------
ACCOUNT NO. 9415-859803 COMMERCIAL CHECKING PERIOD 09/01/99 THROUGH 09/30/99
BUSINESS BANKING CENTER ACCESS CODE 7399
- --------------------------------------------------------------------------------
- DEBITS AND CREDITS -
- --------------------------------------------------------------------------------
DATE DEBITS (-) CREDITS (+) DESCRIPTION
09-01 15,503.14 OUTGOING NON-REP WIRE VIA PC
09/01/99 001704
9999990901001704
1999090100221NTN
Heller Financial, Inc
09-02 5,000.00 PREAUTHORIZED DDA CREDIT
NDPS NDPS DEP
199909 8788000152772
UNITEL POST 38
019992452203936 CCD
09-02 8,875.00 RETURNED CHECK
09-02 451.69 PREAUTHORIZED DDA DEBIT
NDPS NDPSSTLMNT
199909 8788000152756
UNITEL NY
019992452203951 CCD
09-02 329.52 PREAUTHORIZED DDA DEBIT
NDPS NDPSSTLMNT
199909 8788000152772
UNITEL POST 38
019992452203952 CCD
09-02 25.00 PREAUTHORIZED DDA DEBIT
NDPS NDPSSTLMNT
199909 8788000152798
EDITEL-LA
019992452203953 CCD
- --------------------------------------------------------------------------------
Notice: See reverse side for important information.
[LOGO] Fleet Bank
STATEMENT OF ACCOUNTS PAGE 2 OF 7
9415-859803
STATEMENT DATE
09/30/99
Questions?
Call our Business
116 Banking Center at
1-800-PARTNER
(1-800-727-8637)
Cash Reserve Payment
UNITEL VIDEO, INC -----------------------
555 WEST 57TH STREET CY
SUITE 1240 -----------------------
NEW YORK NY 10019 Please remit to:
FLEET BANK
Cash Reserve
PO Box 150456
Hartford, CT. 06115-0456
detach
================================================================================
ACCOUNT NO. 9415-859803 CONTINUED PERIOD 09/01/99 THROUGH 09/30/99
- --------------------------------------------------------------------------------
- DEBITS AND CREDITS -
- --------------------------------------------------------------------------------
DATE DEBITS (-) CREDITS (+) DESCRIPTION
09-07 4,852.50 PREAUTHORIZED DDA CREDIT
AMERICAN EXP SETTLEMENT
990907 6316930411
UNITEL V1DEO6316930411
019992502643642 CCD
09-07 970.50 PREAUTHORIZED DDA CREDIT
AMERICAN EXP SETTLEMENT
990907 6316659242
UNITEL POST 6316659242
019992502638321 CCD
09-07 14,750.00 BUSINESS DEPOSIT
09-07 300.00 REPETITIVE IBT VIA PC
09/07/99 004863
9999990907004863
1999090701045NTR
UNITEL VIDEO INC
09-08 2,909.56 PREAUTHORIZED DDA CREDIT
AMERICAN EXP SETTLEMENT
990908 6316930411
UNITEL VIDEO6316930411
019992512896694 CCD
09-09 5,000.00 OUTGOING WIRE VIA PC
09/09/99 005671
9999990909005671
1999090901202NTR
UNITED VIDEO INC MOBILE DIV
09-09 78,825.11 PREAUTHORIZED DDA DEBIT
ADP TX/FINCL ADP - TAX
990909 94K1H 091036A02
UNITEL VIDEO INC
019992523373101 CCD
- --------------------------------------------------------------------------------
Notice: See reverse side for important information.
[LOGO] Fleet Bank
STATEMENT OF ACCOUNTS PAGE 3 OF 7
9417-544821
STATEMENT DATE
09/30/99
Questions?
Call our Business
Banking Center at
1-800-PARTNER
(1-800-727-8637)
116 Cash Reserve Payment
-----------------------
CY
-----------------------
Please remit to:
UNITEL VIDEO, INC FLEET BANK
555 WEST 57TH STREET Cash Reserve
SUITE 1240 PO Box 150456
NEW YORK NY 10019 Hartford, CT. 06115-0456
detach
================================================================================
ACCOUNT NO. 9415-859803 CONTINUED PERIOD 09/01/99 THROUGH 09/30/99
- --------------------------------------------------------------------------------
- DEBITS AND CREDITS -
- --------------------------------------------------------------------------------
DATE DEBITS (-) CREDITS (+) DESCRIPTION
09-09 69,633.02 PREAUTHORIZED DDA DEBIT
ADP TX/FINCL ADP-TAX
990909 94K1H 091036A03
UNITEL VIDEO INC
019992523373102 CCD
09-09 385.86 PREAUTHORIZED DDA DEBIT
ADP TX/FINCL ADP-TAX
990909 94K1H 091036B04
UNITEL VIDEO INC
019992523372696 CCD
09-09 366.82 PREAUTHORIZED DDA DEBIT
ADP TX/FINCL ADP-TAX
990909 94K1H 091036B01
UNITEL VIDEO INC
019992523372695 CCD
09-10 443,218.77 WIRE INCOMING FED
09/10/99 005253
9999990910005253
21310
UNITEL VIDEO INC
09-10 1,357.98 PREAUTHORIZED DDA CREDIT
NDPS NDPS DEP
199909 8788000152772
UNITEL POST 38
019992533486730 CCD
09-10 366.82 RETURNED CHECK
09-10 385.86 RETURNED CHECK
09-10 69,633.02 RETURNED CHECK
09-10 78,895.11 RETURNED CHECK
09-10 7,000.00 RETURNED CHECK
- --------------------------------------------------------------------------------
Notice: See reverse side for important information.
[LOGO] Fleet Bank
STATEMENT OF ACCOUNTS PAGE 4 OF 7
9415-859803
STATEMENT DATE
09/30/99
Questions?
Call our Business
Banking Center at
1-800-PARTNER
(1-800-727-8637)
116 Cash Reserve Payment
-----------------------
CY
-----------------------
Please remit to:
UNITEL VIDEO, INC FLEET BANK
555 WEST 57TH STREET Cash Reserve
SUITE 1240 PO Box 150456
NEW YORK NY 10019 Hartford, CT. 06115-0456
detach
================================================================================
ACCOUNT NO. 9415-859803 CONTINUED PERIOD 09/01/99 THROUGH 09/30/99
- --------------------------------------------------------------------------------
- DEBITS AND CREDITS -
- --------------------------------------------------------------------------------
DATE DEBITS (-) CREDITS (+) DESCRIPTION
09-10 98,376.55 PREAUTHORIZED DDA DEBIT
AUTOMATIC DA PAYROLL
363009 K1HA01231713238
UNITEL VIDEO INC
019992513090230 PPD
09-10 95,399.02 PREAUTHORIZED DDA DEBIT
AUTOMATIC DA PAYROLL
363016 K1HA01231713238
UNITEL VIDEO INC
019992523331764 PPD
09-13 32.03 PREAUTHORIZED DDA CREDIT
AMERICAN EXP SETTLEMENT
990911 6316659242
UNITEL POST 6316659242
019992563693629 CCD
09-13 149,280.81 WIRE NON-REPETITIVE
09/13/99 005772
9999990913005772
UNITEL VIDEO INC
ADP PAYROLL DEPOSIT CUSTODIAL
09-13 76,642.29 REPETITIVE IBT VIA PC
09/13/99 000994
9999990913000994
1999091300061NTR
unitel video inc payroll acct
09-14 9,780.91 RET STOP PYMT CK
09-15 8,873.00 WIRE INCOMING FED
09/15/99 005983
9999990915005983
23222
MELLON BANK N.A.
09-15 964.74 PRIOR MONTH SERVICE CHARGE
- --------------------------------------------------------------------------------
Notice: See reverse side for important information.
[LOGO] Fleet Bank
STATEMENT OF ACCOUNTS PAGE 5 OF 7
9415-859803
STATEMENT DATE
09/30/99
Questions?
Call our Business
Banking Center at
1-800-PARTNER
(1-800-727-8637)
116 Cash Reserve Payment
-----------------------
CY
-----------------------
Please remit to:
UNITEL VIDEO, INC FLEET BANK
555 WEST 57TH STREET Cash Reserve
SUITE 1240 PO Box 150456
NEW YORK NY 10019 Hartford, CT. 06115-0456
detach
================================================================================
ACCOUNT NO. 9415-859803 CONTINUED PERIOD 09/01/99 THROUGH 09/30/99
- --------------------------------------------------------------------------------
- DEBITS AND CREDITS -
- --------------------------------------------------------------------------------
DATE DEBITS (-) CREDITS (+) DESCRIPTION
09-16 709.04 PREAUTHORIZED DDA CREDIT
NDPS NDPS DEP
199909 8788000152772
UNITEL POST 38
019992594597119 CCD
09-21 107,000.00 WIRE INCOMING FED
09/21/99 005590
9999990921005590
19692
MELLON BANK N.A.
09-21 35,147.19 RETURNED CHECK
09-23 289,319.00 WIRE INCOMING FED
09/23/99 004658
9999990923004658
11358
MELLON BANK N.A.
09-23 83,495.36 PREAUTHORIZED DDA DEBIT
ADP TX/FINCL ADP - TAX
990923 94K1H 092438A01
UNITEL VIDEO INC
019992665747469 CCD
09-23 773.97 PREAUTHORIZED DDA DEBIT
ADP TX/FINCL ADP - TAX
990923 94K1H 092438B02
UNITEL VIDEO INC
019992665747034 CCD
09-24 30,605.37 REPETITIVE IBT VIA PC
09/24/99 003696
9999990924003696
1999092400724NTR
UNITEL VIDEO
- --------------------------------------------------------------------------------
Notice: See reverse side for important information.
[LOGO] Fleet Bank
STATEMENT OF ACCOUNTS PAGE 6 OF 7
9415-859803
STATEMENT DATE
09/30/99
Questions?
Call our Business
Banking Center at
1-800-PARTNER
(1-800-727-8637)
116 Cash Reserve Payment
-----------------------
CY
-----------------------
Please remit to:
UNITEL VIDEO, INC FLEET BANK
555 WEST 57TH STREET Cash Reserve
SUITE 1240 PO Box 150456
NEW YORK NY 10019 Hartford, CT. 06115-0456
detach
================================================================================
ACCOUNT NO. 9415-859803 CONTINUED PERIOD 09/01/99 THROUGH 09/30/99
- --------------------------------------------------------------------------------
- DEBITS AND CREDITS -
- --------------------------------------------------------------------------------
DATE DEBITS (-) CREDITS (+) DESCRIPTION
09-24 148,352.24 PREAUTHORIZED DDA DEBIT
AUTOMATIC DA PAYROLL
382044 K1HA01231713238
UNITEL VIDEO INC
019992655426521 PPD
09-27 7,479.64 PREAUTHORIZED DDA CREDIT
AMERICAN EXP SETTLEMENT
990927 6316930411
UNITEL VIDE06316930411
019992706024010 CCD
09-29 49,000.00 WIRE INCOMING FED
09/29/99 007976
9999990929007976
26798
MELLON BANK N.A.
09-30 335,000.00 WIRE INCOMING FED
09/30/99 006645
9999990930006645
20404
MELLON BANK N.A.
- --------------------------------------------------------------------------------
Notice: See reverse side for important information.
[LOGO] Fleet Bank
STATEMENT OF ACCOUNTS PAGE 7 OF 7
9415-859803
STATEMENT DATE
09/30/99
Questions?
Call our Business
Banking Center at
1-800-PARTNER
(1-800-727-8637)
116 Cash Reserve Payment
-----------------------
CY
-----------------------
Please remit to:
UNITEL VIDEO, INC FLEET BANK
555 WEST 57TH STREET Cash Reserve
SUITE 1240 PO Box 150456
NEW YORK NY 10019 Hartford, CT. 06115-0456
detach
================================================================================
ACCOUNT NO. 9415-859803 CONTINUED PERIOD 09/01/99 THROUGH 09/30/99
- ------------------------------------------------------------------------------------------------------------
- CHECKS POSTED - - CHECKS POSTED - - CHECKS POSTED -
- ------------------------------------------------------------------------------------------------------------
DATE CHECK NO. AMOUNT DATE CHECK NO. AMOUNT DATE CHECK NO. AMOUNT
09-01 7765 60.00 09-20 8013 300.00 09-24 8039* 2,419.39
09-30 7905* 29,737.65 09-23 8014 876.83 09-22 8040 3,000.00
09-30 7906 28,180.46 09-16 8015 12,752.74 09-22 8041 3,453.18
09-30 7907 25,969.71 09-17 8016 2,435.63 09-28 8042 1,220.00
09-30 7947* 2,085.09 09-17 8017 3,000.00 09-24 8043 876.83
09-10 7956* 2,688.93 09-17 8018 300.00 09-23 8044 314.30
09-08 7958* 595.38 09-21 8020* 177.00 09-22 8045 250.00
09-10 7960* 214.33 09-23 8022* 395.28 09-27 8046 2,400.00
09-09 8000* 7,000.00 09-27 8023 2,065.39 09-24 8047 6,995.12
09-16 8000* 7,000.00 09-20 8024 175.00 09-23 8053* 414.15
09-10 8001 1,247.04 09-20 8025 103.00 09-30 8054 24,438.62
09-24 8002 64.95 09-20 8026 94.75 09-29 8055 2,177.64
09-15 8004* 430.44 09-20 8027 6,999.45 09-30 8056 3,057.24
09-14 8005 7,800.00 09-22 8028 1,115.00 09-29 8061* 2,400.00
09-13 8006 343.15 09-23 8031* 364.40 09-29 8062 6,725.94
09-15 8007 204.50 09-20 8032 35,147.19 09-30 8063 35,833.33
09-14 8009* 1,000.00 09-27 8032* 35,147.19 09-30 8071* 10,698.66
09-16 8010 300.00 09-23 8033 26,250.00 09-13 54913* 9,780.91
09-16 8011 250.00 09-23 8034 26,250.00 09-01 825109* 8,875.00
09-24 8012 889.98 09-24 8036* 378.88
* DENOTES SEQUENCE BREAK
- --------------------------------------------------------------------------------
- DAILY BALANCE SUMMARY -
- --------------------------------------------------------------------------------
DATE BALANCE DATE BALANCE DATE BALANCE
09-01 5,190.590D 09-14 37,082.04 09-23 260,543.36
09-02 7,878.20 09-15 44,355.36 09-24 69,960.60
09-07 28,151.20 09-16 24,761.66 09-27 37,827.66
09-08 30,465.38 09-17 19,026.03 09-28 36,607.66
09-09 130,815.430D 09-20 23,793.360D 09-29 74,304.08
09-10 272,116.26 09-21 118,176.83 09-30 249,303.32
09-13 36,101.13 09-22 110,358.65
- --------------------------------------------------------------------------------
Notice: See reverse side for important information.
PREPARED 12-2-99
UNITEL VIDEO, INC. SEPTEMBER '99 FINANCIAL STATEMENTS
===============================================================================
MELLON BANK RECONCILIATION
Bank Balance 9-30-99 $410,099.49
Less Heller error $ (335,000)
-----------
Adjusted Bank Balance $ 75,099.49
Less O/S checks $(52,576.53)
Stop Pymt Chg 9-28 $ (30.00)
(not yet recorded by bank)
Book Balance $ 22,492.96
Oustanding check list: CK# Amount
39264 $ 2,105.00
39329 $ 251.32
39654 $ 105.60
40597 $ 1,199.70
40987 $ 797.50
41025 $ 2,000.00
41037 $ 5,100.00
41063 $ 5,000.00
41049 $ 232.00
41051 $ 4,919.04
41057 $ 2,519.45
41058 $ 6,000.00
41062 $ 1,500.00
41069 $ 578.50
41070 $ 270.00
41073 $ 222.94
41074 $ 500.92
41075 $ 649.49
41076 $ 4,419.50
41077 $ 921.17
41078 $ 1,600.00
41080 $ 26.85
41081 $ 180.00
41082 $ 90.00
41083 $ 1,650.00
41085 $ 619.36
41086 $ 193.20
41088 $ 337.08
41090 $ 6,640.70
41091 $ 347.21
41092 $ 700.00
41093 $ 900.00
-----------
$ 52,576.53
===============================================================================
[LOGO] MELLON BANK
BUSINESS CHECKING
MELLON BANK NA
WESTERN REGION
CRAFTON-INGRAM SHOPPING CTR
800-527-1800
UNITEL MOBILE VIDEO A DIV OF 100
UNITEL VIDEO INC 95
4100 STEUBENVILLE PIKE
PITTSBURGH PA 15205-9643
PAGE: 1
ACCOUNT NUMBER: 038-5545
STATEMENT FROM: AUG 31, 1999
TO: SEP 30, 1999
0 BZ 67
================================================================================
Account Summary
================================================================================
ACTIVITY ITEMS DOLLAR SUBTOTALS DOLLAR TOTALS
OPENING BALANCE 9,035.33
DEPOSITS 0 .00
WIRE TRANSFER CREDITS 8 672,520.00
OTHER CREDITS 0 .00
TOTAL CREDITS 8 672,520.00
CHECKS PAID 67 271,305.84
SERVICE CHARGES 1 24.00
OTHER DEBITS 8 126.00
TOTAL DEBITS 76 271,455.84
CLOSING BALANCE 410,099.49
================================================================================
Daily Transactions
====================================================================================================
DATE TRANSACTION DESCRIPTION CHECKS/DEBITS DEPOSITS/CREDITS
- ----------------------------------------------------------------------------------------------------
08-31 CLOSING BALANCE PREVIOUS STATEMENT ............................ 9,035.33
09-01 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 1,870.00
DAILY BALANCE........................ 7,165.33
09-02 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 750.00
DAILY BALANCE........................ 6,415.33
09-03 WIRE TRANSFER CREDIT ............................................................. 10,000.00
WIRE TRANSFER CREDIT ............................................................. 60,750.00
CHECK(S) PAID (SEE CHECK DETAIL SECTION) 8,548.75
WIRE XFER SERVICE 2 ITEM(S) 24.00
DAILY BALANCE........................ 68,592.58
09-07 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 966.00
DAILY BALANCE........................ 67,626.58
09-08 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 29,450.00
DAILY BALANCE........................ 38,176.58
09-09 WIRE TRANSFER CREDIT ............................................................. 5,000.00
[LOGO] Mellon Bank
UNITEL MOBILE VIDEO A DIV OF PAGE: 2
UNITEL VIDEO INC ACCOUNT NUMBER: 038-5545
STATEMENT TO: SEP 30, 1999
================================================================================
Daily Transactions
====================================================================================================
DATE TRANSACTION DESCRIPTION CHECKS/DEBITS DEPOSITS/CREDITS
- ----------------------------------------------------------------------------------------------------
09-09 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 4,700.00
WIRE XFER SERVICE 1 ITEM(S) 12.00
DAILY BALANCE ...................... 38,464.58
09-10 WIRE TRANSFER CREDIT ............................................................. 40,464.00
STOP PAYMENT CHARGE 30.00
CHECK(S) PAID (SEE CHECK DETAIL SECTION) 9,161.15
WIRE XFER SERVICE 1 ITEM(S) 12.00
DAILY BALANCE ...................... 69,725.43
09-13 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 1,400.00
DAILY BALANCE ...................... 68,325.43
09-14 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 20,934.20
DAILY BALANCE ...................... 47,391.23
09-15 WIRE TRANSFER CREDIT ............................................................. 27,230.00
CHECK(S) PAID (SEE CHECK DETAIL SECTION) 5,664.00
WIRE XFER SERVICE 1 ITEM(S) 12.00
DAILY BALANCE ...................... 68,945.23
09-16 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 4,825.00
DAILY BALANCE ...................... 64,120.23
09-17 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 35,920.00
DAILY BALANCE ...................... 28,200.23
09-20 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 6,019.38
DAILY BALANCE ...................... 22,180.85
09-21 WIRE TRANSFER CREDIT ............................................................. 80,576.00
CHECK(S) PAID (SEE CHECK DETAIL SECTION) 29,490.00
WIRE XFER SERVICE 1 ITEM(S) 12.00
DAILY BALANCE ...................... 73,254.85
09-22 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 2,675.00
DAILY BALANCE ...................... 70,579.85
09-23 WIRE TRANSFER CREDIT ............................................................. 64,500.00
CHECK(S) PAID (SEE CHECK DETAIL SECTION) 1,000.00
WIRE XFER SERVICE 1 ITEM(S) 12.00
DAILY BALANCE ...................... 134,067.85
09-24 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 34,857.13
DAILY BALANCE ...................... 99,210.72
09-27 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 9,334.51
DAILY BALANCE ...................... 89,876.21
09-28 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 30,082.10
DAILY BALANCE ...................... 59,794.11
09-29 WIRE TRANSFER CREDIT ............................................................. 384,000.00
CHECK(S) PAID (SEE CHECK DETAIL SECTION) 12,417.24
WIRE XFER SERVICE 1 ITEM(S) 12.00
DAILY BALANCE ...................... 431,364.87
[LOGO] Mellon Bank
UNITEL MOBILE VIDEO A DIV OF PAGE: 3
UNITEL VIDEO INC ACCOUNT NUMBER: 038-5545
STATEMENT TO: SEP 30, 1999
================================================================================
Daily Transactions
====================================================================================================
DATE TRANSACTION DESCRIPTION CHECKS/DEBITS DEPOSITS/CREDITS
- ----------------------------------------------------------------------------------------------------
09-30 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 21,241.38
SERVICE CHARGE 24.00
CLOSING BALANCE .................................... 410,099.49
================================================================================
Service Charge Detail
================================================================================
SERVICE DESCRIPTION CHARGE
- --------------------------------------------------------------------------------
CORE SERVICE CHARGES AND ADDITIONAL OPTIONS
CHOICE CHECKING II ...................................................... 24.00
TOTAL SERVICE CHARGES ................................................... 24.00
================================================================================
Check Detail
==============================================================================================
CHECK NO. AMOUNT DATE REFERENCE NO. CHECK NO. AMOUNT DATE REFERENCE NO.
- ----------------------------------------------------------------------------------------------
40413 969.38 09-20 200512919 41034 1,400.00 09-21 700152393
40914* 400.00 09-15 700729313 41035 1,200.00 09-20 300267986
40922* 545.70 09-28 500647145 41036 1,500.00 09-21 500735517
40941* 200.00 09-02 707660216 41038* 6,400.00 09-21 400573788
40947* 550.00 09-02 707668120 41039 14,840.00 09-21 400361955
40991* 1,870.00 09-01 106054346 41040 6,949.10 09-24 300360231
40994* 48.75 09-03 304737176 41042* 315.00 09-28 500660748
40998* 966.00 09-07 603719549 41044* 5,000.00 09-28 800597385
40999 8,500.00 09-03 401284669 41045 1,000.00 09-23 200127411
41000 6,000.00 09-08 802884481 41046 9,070.00 09-24 400164325
41001 4,661.15 09-10 300104089 41048* 1,223.92 09-24 400164204
41003* 14,750.00 09-08 802688594 41050* 4,038.58 09-30 100183772
41004 20,000.00 09-17 600676200 41052* 623.00 09-29 800840378
41005 900.00 09-08 802920617 41053 5,000.00 09-28 800597384
41006 3,000.00 09-08 802887558 41054 300.00 09-30 100147794
41007 4,800.00 09-08 401647285 41056* 1,872.50 09-28 700611530
41008 4,700.00 09-09 700128350 41059* 3,898.90 09-28 700627033
41009 1,400.00 09-13 300476405 41060 99.36 09-27 300817749
41010 4,500.00 09-10 400020030 41061 704.24 09-29 200436200
41011 1,284.00 09-15 700733305 41064* 9,690.00 09-29 700858933
41012 12,500.00 09-17 600676199 41066* 1,800.00 09-28 700555924
41013 3,455.00 09-14 300010506 41067 1,650.00 09-28 700562004
41014 875.00 09-22 300782094 41068 5,000.00 09-27 800545319
41015 10,000.00 09-14 600312632 41071* 4,235.15 09-27 800577464
41016 7,479.20 09-14 700358295 41072 3,944.80 09-30 100353695
41017 12,259.44 09-24 600471616 41079* 10,000.00 09-30 400792791
41018 3,980.00 09-15 300450225 41084* 218.00 09-30 700167414
41019 4,825.00 09-16 400326315 41087* 2,740.00 09-30 100279816
41020 540.00 09-21 300487022
41021 3,850.00 09-20 300267987
41024* 1,800.00 09-22 300730888
41026* 3,420.00 09-17 200409020
41027 3,488.40 09-24 300357205
41028 492.48 09-24 500268760
41029 4,810.00 09-21 800010947
41030 10,000.00 09-28 800597386
41031 396.79 09-24 300458073
41032 977.00 09-24 100271720
41033 1,400.00 09-29 700858934
* INDICATES A BREAK IN THE LISTING OF CONSECUTIVE CHECK NUMBERS.
[LOGO] Mellon Bank
UNITEL MOBILE VIDEO A DIV OF PAGE: 4
UNITEL VIDEO INC ACCOUNT NUMBER: 038-5545
STATEMENT TO: SEP 30, 1999
- --------------------------------------------------------------------------------
IMPORTANT INFORMATION: PLEASE EXAMINE AND RECONCILE YOUR STATEMENT PROMPTLY.
ERRORS AND IMPROPER TRANSFERS MUST BE REPORTED TO THE BANK WITHIN 14 DAYS. IF
YOU HAVE ANY QUESTIONS, PLEASE CALL YOUR LOCAL BRANCH OFFICE OR CALL THE
BUSINESS TELEPHONE BANKING CENTER AT 800-527-1800.
STATEMENT RECONCILEMENT FORMS ARE AVAILABLE THROUGH YOUR LOCAL BRANCH OFFICE.
[LOGO] Fleet Bank
STATEMENT OF ACCOUNTS PAGE 1 OF 1
9417-549227
STATEMENT DATE
09/30/99
Questions?
Call our Business
Banking Center at
1-800-PARTNER
(1-800-727-8637)
116 Cash Reserve Payment
-----------------------
CY
-----------------------
Please remit to:
UNITEL VIDEO, INC FLEET BANK
POST 38 DIVISION PETTY CASH 1 ENCLOSED ITEM Cash Reserve
555 WEST 57TH STREET PO Box 150456
SUITE 1240 Hartford, CT. 06115-0456
NEW YORK NY 10019
detach
================================================================================
BEGINNING DEPOSITS, OTHER CHECKS, WITHDRAWALS, INTEREST ACCOUNT ACTIVITY ENDING
CHECKING BALANCE CREDITS OTHER DEBITS PAID & OTHER FEES BALANCE
- ---------------------------------------------------------------------------------------------------------------
9417-549227 1252.69 300.00 300.00 .00 .00 1252.69
- ---------------------------------------------------------------------------------------------------------------
ACCOUNT NO. 9417-549227 COMMERCIAL CHECKING PERIOD 09/01/99 THROUGH 09/30/99
BUSINESS BANKING CENTER ACCESS CODE 3149
- --------------------------------------------------------------------------------
- DEBITS AND CREDITS -
- --------------------------------------------------------------------------------
DATE DEBITS (-) CREDITS (+) DESCRIPTION
09-07 300.00 WIRE INTERNAL BOOK TRANS CR
09/07/99 004863
9999990907004863
1999090701045NTR
UNITEL VIDEO INC
================================================================================
- - CHECKS POSTED - - CHECKS POSTED - - CHECKS POSTED -
================================================================================
DATE CHECK NO. AMOUNT DATE CHECK NO. AMOUNT DATE CHECK NO. AMOUNT
09-07 1087 300.00
* DENOTES SEQUENCE BREAK
================================================================================
- DAILY BALANCE SUMMARY -
================================================================================
DATE BALANCE DATE BALANCE DATE BALANCE
09-07 1,252.69
- --------------------------------------------------------------------------------
Notice: See reverse side for important information.
4159-405224 [LOGO]
000000156613597 WELLS FARGO BANK
P.0. BOX 63020
SAN FRANCISCO, CA 94163
EDITEL/LA, UNITEL 0
` ATTN: NEIL MARCUS 1
555 WEST 57TH STREET S #1240
NEW YORK NY 10019 1 FOR ASSISTANCE CALL:
CASH MGMT CLIENT SERVICES
1-800-AT-WELLS (289-3557)
24 HRS A DAY, 7 DAYS A WEEK
PAGE 1 OF 1 THIS STATEMENT COVERS: 9/1/99 THROUGH 9/30/99
================================================================================
WELLS FARGO "BURIED IN CHECKS? SAVE TIME, MONEY AND SPACE WITH
NEWSLINE CHEXSTOR, WELLS FARGO'S CHECK STORAGE AND RETRIEVAL
SERVICE. PLEASE CONTACT YOUR RELATIONSHIP MANAGER FOR
DETAILS."
================================================================================
ANALYSIS CHECKING
OVERVIEW BEGINNING LEDGER BALANCE 3,485.57
4159-405224 DEPOSITS .00+
ELECTRONIC DEPOSITS / BANK CREDITS .00+
TOTAL CREDITS .00+
CHECKS .00-
ELECTRONIC DEBITS / BANK DEBITS 3,485.57-
TOTAL DEBITS 3,485.57-
ENDING LEDGER BALANCE .00
- --------------------------------------------------------------------------------------------------
DEBITS
ELECTRONIC DEBITS / BANK DEBITS
TRANSACTION DESCRIPTION EFFECTIVE POSTED AMOUNT
ANALYSIS SERVICE CHARGE 9/21 29.36
BANK ORIGINATED ENTRY - DEBIT 9/30 3,456.21
------------------------------------------------------------------------------
TOTAL ELECTRONIC DEBITS / BANK DEBITS ( 2 ITEMS) 3,485.57
- -------------------------------------------------------------------------------------------------
BALANCE INFORMATION
DATE LEDGER BALANCE DATE LEDGER BALANCE
9/21 3,456.21 9/30 .00
CURRENT STATEMENT AVERAGE LEDGER BALANCE 3,309.80
CURRENT STATEMENT AVERAGE COLLECTED BALANCE 3,309.80
AVERAGE BALANCES SHOWN ARE FOR STATEMENT PERIOD AND MAY NOT REFLECT ALL ADJUSTMENTS.
=================================================================================================
THANK YOU FOR BANKING WITH WELLS FARGO.
- --------------------------------------------------------------------------------
YOUR WELLS FARGO STATEMENT
- --------------------------------------------------------------------------------
[RECYCLED LOGO] PRINTED ON RECYCLED PAPER MEMBER FDIC
0290-519198
[LOGO]
WELLS FARGO BANK
WELLS FARGO BANK, NA #0645
NAT'L BUSINESS BANKING CENTER - P0 BOX 340214
SACRAMENTO, CA 95834-0214
EDITEL/LOS ANGELES N FOR ONE CALL SERVICE
DIVISION OF UNITEL VIDEO INC O DIAL 1-800-CALL WELLS
PAYROLL ACCOUNT (800-225-5935)
ATTN: NEIL MARCUS 24 HOURS/DAY, 7 DAYS/WEEK
555 WEST 57TH STREET, S #1240
NEW YORK NY 10019-2925
PAGE 1 OF 1 THIS STATEMENT COVERS: 9/1/99 THROUGH 9/30/99
================================================================================
ANALYSIS SUMMARY
CHECKING
0290-519198 PREVIOUS BALANCE 1,680.25 MINIMUM BALANCE 1,680.25
DEPOSITS .00+ AVERAGE BALANCE 1,680.25
CONVERTED FROM WITHDRAWALS .00-
FIRST INTERSTATE ONE CALL CHARGES .00-
ACCOUNT MONTHLY CHECKING FEE
156429073 AND OTHER CHARGES .00-
-------------------------------
NEW BALANCE 1,680.25
- --------------------------------------------------------------------------------
BALANCE DATE BALANCE
INFORMATION 9/01 1,680.25
- --------------------------------------------------------------------------------
ONE CALL YOUR ACCOUNT ENTITLES YOU TO 5 COMPLIMENTARY CALLS EACH
24-HOUR STATEMENT PERIOD, AFTER WHICH ADDITIONAL ONE CALL BUSINESS
BUSINESS AGENT CALLS MAY BE CHARGED $1.50 EACH, AND ADDITIONAL
SERVICE TOUCH-TONE ACCESS CALLS MAY BE CHARGED $0.50 EACH.
YOU MADE 0 BUSINESS AGENT CALLS AND 0 ACCESS CALLS THIS
STATEMENT PERIOD FOR NO CHARGE.
================================================================================
THANK YOU FOR BANKING WITH WELLS FARGO
- --------------------------------------------------------------------------------
YOUR WELLS FARGO STATEMENT
- --------------------------------------------------------------------------------
[RECYCLED LOGO] PRINTED ON RECYCLED PAPER MEMBER FDIC
[LOGO] MELLON BANK
BUSINESS CHECKING
MELLON BANK NA
WESTERN REGION
CRAFTON-INGRAM SHOPPING CTR
800-527-1800
UNITEL MOBILE VIDEO INC 100
4100 STEUBENVILLE PIKE 95
PITTSBURGH PA 15205-9643
PAGE: 1
ACCOUNT NUMBER: 167-5894
STATEMENT FROM: AUG 31, 1999
TO: SEP 30, 1999
0 BZ 18
================================================================================
Account Summary
================================================================================
================================================================================
ACTIVITY ITEMS DOLLAR SUBTOTALS DOLLAR TOTALS
OPENING BALANCE 6,500.95
DEPOSITS 11 50,254.72
OTHER CREDITS 0 .00
TOTAL CREDITS 11 50,254.72
CHECKS PAID 18 55,980.34
SERVICE CHARGES 1 25.51
OTHER DEBITS 0 .00
TOTAL DEBITS 19 56,005.85
CLOSING BALANCE 749.82
================================================================================
Daily Transactions
================================================================================
====================================================================================================
DATE TRANSACTION DESCRIPTION CHECKS/DEBITS DEPOSITS/CREDITS
- ----------------------------------------------------------------------------------------------------
08-31 CLOSING BALANCE PREVIOUS STATEMENT ............................................... 6,500.95
09-01 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 2,018.45
DAILY BALANCE ..................... 4,482.50
09-02 DEPOSIT REF # 2600003398 ......................................................... 203.10
CHECK(S) PAID (SEE CHECK DETAIL SECTION) 1,412.45
DAILY BALANCE ..................... 3,273.15
09-03 DEPOSIT REF # 106422484 .......................................................... 8,613.62
CHECK(S) PAID (SEE CHECK DETAIL SECTION) 8,500.00
DAILY BALANCE ..................... 3,386.77
09-08 CASH DEPOSIT ..................................................................... 4,800.00
CHECK(S) PAID (SEE CHECK DETAIL SECTION) 4,750.00
DAILY BALANCE ..................... 3,436.77
09-09 CASH DEPOSIT ..................................................................... 4,700.00
CHECK(S) PAID (SEE CHECK DETAIL SECTION) 7,244.44
DAILY BALANCE ..................... 892.33
09-10 CASH DEPOSIT ..................................................................... 4,500.00
[LOGO] Mellon Bank
UNITEL MOBILE VIDEO INC PAGE: 2
ACCOUNT NUMBER: 167-5894
STATEMENT TO: SEP 30, 1999
================================================================================
Daily Transactions
================================================================================
====================================================================================================
DATE TRANSACTION DESCRIPTION CHECKS/DEBITS DEPOSITS/CREDITS
- ----------------------------------------------------------------------------------------------------
09-10 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 4,500.00
DAILY BALANCE ..................... 892.33
09-13 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 250.00
DAILY BALANCE ..................... 642.33
09-15 CASH DEPOSIT ..................................................................... 3,980.00
CHECK(S) PAID (SEE CHECK DETAIL SECTION) 3,980.00
DAILY BALANCE ..................... 642.33
09-16 DEPOSIT REF # 400358633 .......................................................... 5,138.00
CHECK(S) PAID (SEE CHECK DETAIL SECTION) 4,825.00
DAILY BALANCE ..................... 955.33
09-17 DEPOSIT REF # 500079837 .......................................................... 3,440.00
CHECK(S) PAID (SEE CHECK DETAIL SECTION) 3,420.00
DAILY BALANCE ..................... 975.33
09-21 CASH DEPOSIT ..................................................................... 4,810.00
CHECK(S) PAID (SEE CHECK DETAIL SECTION) 5,010.00
DAILY BALANCE ..................... 775.33
09-23 CASH DEPOSIT ..................................................................... 1,000.00
CHECK(S) PAID (SEE CHECK DETAIL SECTION) 1,000.00
DAILY BALANCE ..................... 775.33
09-24 CASH DEPOSIT .................................................................... 9,070.00
CHECK(S) PAID (SEE CHECK DETAIL SECTION) 8,570.00
DAILY BALANCE ..................... 1,275.33
09-27 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 500.00
DAILY BALANCE ..................... 775.33
09-30 SERVICE CHARGE 25.51
CLOSING BALANCE ................... 749.82
================================================================================
Service Charge Detail
================================================================================
SERVICE DESCRIPTION CHARGE
- --------------------------------------------------------------------------------
CORE SERVICE CHARGES AND ADDITIONAL OPTIONS
CHOICE CHECKING I .................................................... 14.00
TRANSACTIONS IN EXCESS OF CORE SERVICES AND ADDITIONAL OPTIONS
CHECKS CASHED- 2 @ 0.60 PER CHECK .................................... 1.20
CURRENCY - $13,745 @ 0.75 PER $1,000 ................................. 10.31
TOTAL SERVICE CHARGES ................................................ 25.51
[LOGO] Mellon Bank
UNITEL MOBILE VIDEO INC PAGE: 3
ACCOUNT NUMBER: 167-5894
STATEMENT TO: SEP 30, 1999
================================================================================
Check Detail
================================================================================
CHECK NO. AMOUNT DATE REFERENCE NO. CHECK NO. AMOUNT DATE REFERENCE NO.
8,500.00 09-03 401284670
10819* 18.45 09-01 106018701
10823* 262.45 09-02 106259493
10827* 2,584.44 09-09 800082403
10828 2,000.00 09-01 304250821
10829 250.00 09-13 300545665
10831* 1,150.00 09-02 707844465
10833* 4,750.00 09-08 401647286
10834 4,660.00 09-09 700128349
10836* 4,500.00 09-10 400020029
10837 3,980.00 09-15 300450224
10838 200.00 09-21 700142433
10839 4,825.00 09-16 400326314
10840 3,420.00 09-17 200409019
10841 4,810.00 09-21 800010946
10843* 1,000.00 09-23 200127412
10845* 8,570.00 09-24 400164326
10846 500.00 09-27 100498146
* INDICATES A BREAK IN THE LISTING OF CONSECUTIVE CHECK NUMBERS.
- --------------------------------------------------------------------------------
IMPORTANT INFORMATION:PLEASE EXAMINE AND RECONCILE YOUR STATEMENT PROMPTLY.
ERRORS AND IMPROPER TRANSFERS MUST BE REPORTED TO THE BANK WITHIN 14 DAYS. IF
YOU HAVE ANY QUESTIONS, PLEASE CALL YOUR LOCAL BRANCH OFFICE OR CALL THE
BUSINESS TELEPHONE BANKING CENTER AT 800-527-1800.
STATEMENT RECONCILEMENT FORMS ARE AVAILABLE THROUGH YOUR LOCAL BRANCH OFFICE.
PREPARED 12-2-99
UNITEL VIDEO, INC. SEPTEMBER '99 FINANCIAL STATEMENTS
================================================================================================================
PETTY CASH RECONCILIATION - PITTSBURGH
Batch/Voucher
REIMBURSEMENT Bank Charges 3110.9310 $ 37.51 48220/173780
Nitrogen 3110.7210.0300 $ 16.23
316032.7240.0060 $ (80.00)
3000.7240.0060 $ (820.00)
Per Diem 3316068.7240.0060 $ 260.00
316022.7240.0060 $ 160.00
3316069.7240.0060 $ 200.00
Expense report carry over 48219/173779
J Will 3000.1510.0030 $ (306.07)
F Lewis 3000.1510.0030 $ (139.36)
G Bielich 3000.1510.0030 $ (600.00)
EXPENSE REPORTS $ 12,085.29 48221/173782
Past Expense Reports Error Spike 3316032.7240.0020 $ (42.39)
Past Expense Reports sent to NY 3000.1510.0030 $ (3,737.92)
Past Expense Reports sent to NY 3000.1510.0030 $ (4,927.93)
Past Expense Reports sent to TWI 313425.7240.0070 $ (37.00)
313427.7240.0011 $ (386.00)
TOTAL REIMBURSEMENT $ 1,682.36
CASH ON HAND
Cash 3689.65
Checkbook 314.59
Due to PC 0
Total $ 4,004.24
OUTSTANDING ACCOUNTABLE $ 19,313.40
Total to Balance $ 25,000.00
V#66759004 DUE DATE ENTERED 10/11/99
OLD OUTSTANDING ACCOUNTABLE AS OF: 10/8/99
NAME JOB # ISSUED NEW OUT
Barry Rolling 9/2/99 $ 500.00
Barry Rolling 9/20/99 $ 2,500.00
Bielich 3316068 10/8/99 $ 1,847.69
Blachly Rolling 9/16/99 $ 250.00
Bolish Rolling 9/15/99 $ 403.15
Canby Rolling 9/16/99 $ 1,000.00
Cunningham 3316082 10/8/99 $ 75.00 *
Dahl 313505 9/24/99 $ 1,000.00
Dahlstrom Rolling 9/2/99 $ 500.00
Fortunato Rolling 9/1/99 $ 100.00
Hajbura Rolling 9/1/99 $ 750.00
Hajbura Rolling 9/8/99 $ 1,500.00
Hajbura Rolling 10/8/99 $ 1,500.00
Healy 316032 9/24/99 $ 900.00
Healy 3316069 10/8/99 $ 50.00
Heck 313505 9/23/99 $ 300.00
Heck 316004 9/24/99 $ 625.00
Levine Rolling 9/1/99 $ 300.00
McCourt, J. Emmys 9/10/99 $ 500.00
McCourt, J. Rolling 10/8/99 $ 500.00 *
Morse Rolling 9/24/99 $ 166.62
Morse 3316068 10/8/99 $ 350.00
Murrell 316051 9/17/99 $ 18.19
Murrell 3316068 10/8/99 $ 750.00
Otake Rolling 9/7/99 $ 100.00
Otake 316060 9/8/99 $ 180.00
Peggs 316022 10/8/99 $ 200.00 *
Quihuis Ryder Cup 9/17/99 $ 450.00
Rainey 3316069 10/8/99 $ 100.00
Samler, F Rolling 9/24/99 $ 368.18
Stutzman 316018 9/16/99 $ 500.00
Will, M 3316069 10/8/99 $ 1,000.00
Will, M 316004 9/23/99 $ 29.57
Total $ 19,313.40
* Still in safe.
================================================================================================================
UNION BANK OF CALIFORNIA 9/1/99 - 9/3O/99
BEVERLY HILLS PRIVATE BANK REG. OFFICE 478
P0 BOX 85413 Teleservices(R)
SAN DIEGO CA 92186 For 24-hour Automated
Direct Service
800-238-4486
800-826-7345(TDD)
Representatives are
available from 6 am to
11 pm
To open additional accounts,
or apply for loans, call your
CY30 2 B 0204 banking office at 310-205-3000
UNITEL VIDEO INC
1101 W ISABEL ST Visit us at www.uboc.com
BURBANK CA 91506-1405 or on America Online(R)
at keyword: Union
Thank you for banking with us
since 1995
o Take your small business to the next step with Fast-Step Loan
or Line of Credit. It's easier and faster than ever! For
inquiries please call (877) 834-6413.
New Account Number: 0720089084
BASIC BUSINESS CHECKING SUMMARY Old Account Number: 075-089087
- --------------------------------------------------------------------------------
Days in statement period: 30 Date of next statement: October 29, 1999
Balance on 9/1 $ -23.95
Additions 3,000.00
Subtractions -2,986.05
Checks -2,300.00
Other withdrawals -686.05
--------------------------
Balance on 9/30 $ -10.00
Additions Date Description Reference Amount
- ------------------------------------------------------------------------------------------------------
9/7 OFFICE DEPOSIT 10113684 $3,000.00
Checks Number Date Reference Amount Number Date Reference Amount
- ------------------------------------------------------------------------------------------------------
4553 9/8 18608688 $2,300.00
Other withdrawals Date Description Reference Amount
- ------------------------------------------------------------------------------------------------------
including fees and 9/28 MISCELLANEOUS BANK ORIGINATED ITEM 22730511 $ 676.05
adjustments 9/30 SERVICE CHARGE 10.00
=========
Total $ 686.05
About Your Monthly Service Charge
- --------------------------------------------------------------------------------
You can avoid a monthly service charge in one of the following
ways
o keep at least $3,000.00 in your account at all times - the
first day you had less was on 9/1
o keep an average balance of at least $6,000.00 in your checking
account - your average checking balance between 9/1 and 9/30
was $544.77
o keep a Combined Balance of at least $7,500.00 in your combined
checking, savings, time deposit and money market accounts -
your Combined Balance between 9/1 and 9/30 was $544.77
Your account was charged a monthly service charge. You may be
able to avoid this charge in the future by changing to a
different type of account. Call Teleservices at 800-238-4486
for details.