GERALD STEVENS, INC. and SUBSIDIARIES
CASE NUMBERS 01-13984 BKC-RAM through 01-14039-BKC-RAM
MONTHLY FINANCIAL REPORT
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FOR THE PERIOD BEGINNING 4/23/01 AND ENDING 5/31/01
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CURRENT MONTH
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CORPORATE CANADA ROYERS
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1 CASH AT BEGINNING OF PERIOD 1,799,448.84 315,845.12 172,083.10
2 RECEIPTS
A Cash Sales 4,436,177.02 33,038.90 1,972,539.99
Less Cash Refunds (24,224.31) (21,120.96)
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Net Cash Sales 4,411,952.71 33,038.90 1,951,419.03
B Collections of Postpetition AR (Incl CC) 13,180,007.77 184,588.02 787,629.92
C Collections of Prepetition AR 4,126,687.00 1,149,161.99
D Other Receipts 2,056,033.00 0.00
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3 TOTAL RECEIPTS 23,774,680.48 217,626.92 3,888,210.94
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4 TOTAL CASH AVAILABLE FOR OPERATIONS 25,574,129.32 533,472.04 4,060,294.04
5 DISBURSEMENTS
A US Trustee Quarterly Fees - -
B Net Payroll 6,123,710.54 70,780.91 1,216,973.36
C Payroll Taxes Paid 2,343,943.74 - 289,294.14
D Sales and Use Taxes Paid 1,097,581.61 31,356.89 -
E Other Taxes Paid 59,190.04 - 1,473.77
F Rent 2,357,013.20 12,257.49 105,352.33
G Other Lease Payments 28,350.94 - -
H Telephone 187,455.23 3,244.00 20,658.72
I Utilities 126,565.34 2,995.04 17,318.39
J Travel and Entertainment 130,122.66 - 1,554.37
K Vehicle Expense 534,996.26 2,444.46 93,856.33
L Office Supplies 67,535.61 1,720.73 49,757.00
M Advertising 1,144,825.47 3,695.14 54,667.62
N Insurance (Attachment 7) 2,222,677.47 5,024.44 -
O Purchases of Fixed Assets 3,879.45 - -
P Purchases of Inventory 4,383,604.13 51,415.94 588,390.68
Q Manufacturing Supplies 43,192.38 - -
R Repairs and Maintenance 77,944.29 2,101.77 25,381.52
S Other Operating Expenses (Attach List) 4,656,848.82 12,664.13 27,850.14
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6 TOTAL CASH DISBURSEMENTS 25,589,437.18 199,700.94 2,492,528.37
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7 CASH AT END OF PERIOD (Item 4 Minus Item 6) (15,307.86) 333,771.10 1,567,765.67
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[restubbed table]
CURRENT MONTH
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NAT. FLORA AGA TOTAL
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1 CASH AT BEGINNING OF PERIOD 93,826.08 19,166.46 2,400,369.60
2 RECEIPTS -
A Cash Sales 66,025.37 - 6,507,781.28
Less Cash Refunds - (45,345.27)
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Net Cash Sales 66,025.37 - 6,462,436.01
B Collections of Postpetition AR (Incl CC) 33,844.01 428,047.68 14,614,117.40
C Collections of Prepetition AR - 5,275,848.99
D Other Receipts - 2,056,033.00
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3 TOTAL RECEIPTS 99,869.38 428,047.68 28,408,435.40
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4 TOTAL CASH AVAILABLE FOR OPERATIONS 193,695.46 447,214.14 30,808,805.00
5 DISBURSEMENTS 28,408,435.40
A US Trustee Quarterly Fees -
B Net Payroll - - 7,411,464.81
C Payroll Taxes Paid - - 2,633,237.88
D Sales and Use Taxes Paid - - 1,128,938.50
E Other Taxes Paid - - 60,663.81
F Rent 24,133.34 17,997.41 2,516,753.77
G Other Lease Payments 3,320.14 1,317.10 32,988.18
H Telephone 9,154.85 904.89 221,417.69
I Utilities 599.30 3,566.98 151,045.05
J Travel and Entertainment 19,386.71 2,367.26 153,431.00
K Vehicle Expense 14.18 14,811.48 646,122.71
L Office Supplies 7,536.56 3,413.62 129,963.52
M Advertising 31,702.73 - 1,234,890.96
N Insurance (Attachment 7) - - 2,227,701.91
O Purchases of Fixed Assets 3,746.00 1,781.75 9,407.20
P Purchases of Inventory - 1,668,677.43 6,692,088.18
Q Manufacturing Supplies - - 43,192.38
R Repairs and Maintenance 2,454.49 - 107,882.07
S Other Operating Expenses (Attach List) 67,002.35 6,742.12 4,771,107.56
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6 TOTAL CASH DISBURSEMENTS 169,050.65 1,721,580.04 30,172,297.18
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7 CASH AT END OF PERIOD (Item 4 Minus Item 6) 24,644.81 (1,274,365.90) 636,507.82
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