GERALD STEVENS, INC. and SUBSIDIARIES EXHIBIT 99.1
CASE NUMBERS 01-13984 BKC-RAM through 01-14039-BKC-RAM
MONTHLY FINANCIAL REPORT
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FOR THE PERIOD BEGINNING 6/1/01 AND ENDING 6/30/01
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CURRENT MONTH
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CORPORATE CANADA ROYERS
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1 CASH AT BEGINNING OF PERIOD (15,307.86) 333,771.10 1,567,765.67
2 RECEIPTS
A Cash Sales 6,655,570.48 110,181.36 455,029.50
Less Cash Refunds - - (38.47)
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Net Cash Sales 6,655,570.48 110,181.36 454,991.03
B Collections of Postpetition AR (Incl CC) 5,584,852.87 - 1,133,959.75
C Collections of Prepetition AR - - 151,123.42
D Other Receipts 568,977.66 - 386,577.71
Intercompany cash transfers, Net (209,329.07) - (1,713,639.88)
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3 TOTAL RECEIPTS 12,600,071.94 110,181.36 413,012.03
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4 TOTAL CASH AVAILABLE FOR OPERATIONS 12,584,764.08 443,952.46 1,980,777.70
5 DISBURSEMENTS
A US Trustee Quarterly Fees - - -
B Net Payroll 3,259,593.61 39,212.25 625,273.40
C Payroll Taxes Paid 1,294,187.37 2,649.36 204,386.33
D Sales and Use Taxes Paid 1,020,323.29 - 157,271.60
E Other Taxes Paid 79,907.86 - 3,328.49
F Rent 918,457.69 29,930.76 106,314.81
G Other Lease Payments 28,736.24 460.80 -
H Telephone 322,588.19 1,348.65 18,106.03
I Utilities 239,432.10 4,707.05 25,482.22
J Travel and Entertainment 40,323.83 - 1,437.40
K Vehicle Expense 469,624.33 4,007.15 38,651.64
L Office Supplies 51,624.73 677.36 14,014.91
M Advertising 1,397,188.57 2,794.21 25,684.53
N Insurance (Attachment 7) 929,111.89 3,190.52 -
O Purchases of Fixed Assets - - 3,615.00
P Purchases of Inventory 2,253,188.39 155,553.41 295,173.92
Q Manufacturing Supplies 28,241.34 - -
R Repairs and Maintenance 79,960.70 820.79 11,316.72
S Other Operating Expenses (Attach List) 1,746,735.99 198,600.15 5,401.53
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6 TOTAL CASH DISBURSEMENTS 14,159,226.12 443,952.46 1,535,458.53
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7 CASH AT END OF PERIOD (Item 4 Minus Item 6) (1,574,462.04) - 445,319.17
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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 24,644.81 (1,274,365.90) 636,507.82
2 RECEIPTS -
A Cash Sales 70,931.15 - 7,291,712.49
Less Cash Refunds (4,711.15) - (4,749.62)
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Net Cash Sales 66,220.00 - 7,286,962.87
B Collections of Postpetition AR (Incl CC) 27,075.48 247,431.16 6,993,319.26
C Collections of Prepetition AR 4,611.32 - 155,734.74
D Other Receipts - - 955,555.37
Intercompany cash transfers, Net (38,943.58) 1,961,912.53 -
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3 TOTAL RECEIPTS 58,963.22 2,209,343.69 15,391,572.24
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4 TOTAL CASH AVAILABLE FOR OPERATIONS 83,608.03 934,977.79 16,028,080.06
5 DISBURSEMENTS
A US Trustee Quarterly Fees - - -
B Net Payroll 1,507.87 - 3,925,587.13
C Payroll Taxes Paid - 1,501,223.06
D Sales and Use Taxes Paid - 1,177,594.89
E Other Taxes Paid - 83,236.35
F Rent 17,997.41 1,072,700.67
G Other Lease Payments 11,542.42 5,725.21 46,464.67
H Telephone 7,731.13 6,126.47 355,900.47
I Utilities 2,699.32 7,702.45 280,023.14
J Travel and Entertainment 3,916.67 642.36 46,320.26
K Vehicle Expense 1,371.42 513,654.54
L Office Supplies 3,026.21 2,432.19 71,775.40
M Advertising 28,665.43 - 1,454,332.74
N Insurance (Attachment 7) - 932,302.41
O Purchases of Fixed Assets - 3,615.00
P Purchases of Inventory 1,326.66 845,216.47 3,550,458.85
Q Manufacturing Supplies 708.23 28,949.57
R Repairs and Maintenance 1,372.20 2,973.34 96,443.75
S Other Operating Expenses (Attach List) 10,250.34 4,150.69 1,965,138.70
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6 TOTAL CASH DISBURSEMENTS 72,038.25 895,046.24 17,105,721.60
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7 CASH AT END OF PERIOD (Item 4 Minus Item 6) 11,569.78 39,931.55 (1,077,641.54)
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Note: Final Report for Canadian Operations - Divested via Management
Agreement on June 21, 2001 - Sale Closure Pending Ending cash Balance
in Canada transferred to new Management Group commensurate with
execution of Management Services Agreement
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 6/30/01
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CUMULATIVE FROM FILING DATE
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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 11,091,747.50 143,220.26 2,427,569.49
Less Cash Refunds (24,224.31) - (21,159.43)
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Net Cash Sales 11,067,523.19 143,220.26 2,406,410.06
B Collections of Postpetition AR (Incl CC) 18,764,860.64 184,588.02 1,921,589.67
C Collections of Prepetition AR 4,126,687.00 - 1,300,285.41
D Other Receipts 2,625,010.66 - 386,577.71
Intercompany cash transfers, Net (209,329.07) - (1,713,639.88)
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3 TOTAL RECEIPTS 36,374,752.42 327,808.28 4,301,222.97
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4 TOTAL CASH AVAILABLE FOR OPERATIONS 38,174,201.26 643,653.40 4,473,306.07
5 DISBURSEMENTS
A US Trustee Quarterly Fees - - -
B Net Payroll 9,383,304.15 109,993.16 1,842,246.76
C Payroll Taxes Paid 3,638,131.11 2,649.36 493,680.47
D Sales and Use Taxes Paid 2,117,904.90 31,356.89 157,271.60
E Other Taxes Paid 139,097.90 - 4,802.26
F Rent 3,275,470.89 42,188.25 211,667.14
G Other Lease Payments 57,087.18 460.80 -
H Telephone 510,043.42 4,592.65 38,764.75
I Utilities 365,997.44 7,702.09 42,800.61
J Travel and Entertainment 170,446.49 - 2,991.77
K Vehicle Expense 1,004,620.59 6,451.61 132,507.97
L Office Supplies 119,160.34 2,398.09 63,771.91
M Advertising 2,542,014.04 6,489.35 80,352.15
N Insurance (Attachment 7) 3,151,789.36 8,214.96 -
O Purchases of Fixed Assets 3,879.45 - 3,615.00
P Purchases of Inventory 6,636,792.52 206,969.35 883,564.60
Q Manufacturing Supplies 71,433.72 - -
R Repairs and Maintenance 157,904.99 2,922.56 36,698.24
S Other Operating Expenses (Attach List) 6,403,584.81 211,264.28 33,251.67
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6 TOTAL CASH DISBURSEMENTS 39,748,663.30 643,653.40 4,027,986.90
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7 CASH AT END OF PERIOD (Item 4 Minus Item 6) (1,574,462.04) - 445,319.17
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[restubbed table]
CUMULATIVE FROM FILING DATE
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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 136,956.52 - 13,799,493.77
Less Cash Refunds (4,711.15) - (50,094.89)
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Net Cash Sales 132,245.37 - 13,749,398.88
B Collections of Postpetition AR (Incl CC) 60,919.49 675,478.84 21,607,436.66
C Collections of Prepetition AR 4,611.32 - 5,431,583.73
D Other Receipts - - 3,011,588.37
Intercompany cash transfers, Net (38,943.58) 1,961,912.53 -
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3 TOTAL RECEIPTS 158,832.60 2,637,391.37 43,800,007.64
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4 TOTAL CASH AVAILABLE FOR OPERATIONS 252,658.68 2,656,557.83 46,200,377.24
5 DISBURSEMENTS
A US Trustee Quarterly Fees - - -
B Net Payroll 1,507.87 - 11,337,051.94
C Payroll Taxes Paid - - 4,134,460.94
D Sales and Use Taxes Paid - - 2,306,533.39
E Other Taxes Paid - - 143,900.16
F Rent 24,133.34 35,994.82 3,589,454.44
G Other Lease Payments 14,862.56 7,042.31 79,452.85
H Telephone 16,885.98 7,031.36 577,318.16
I Utilities 3,298.62 11,269.43 431,068.19
J Travel and Entertainment 23,303.38 3,009.62 199,751.26
K Vehicle Expense 14.18 16,182.90 1,159,777.25
L Office Supplies 10,562.77 5,845.81 201,738.92
M Advertising 60,368.16 - 2,689,223.70
N Insurance (Attachment 7) - - 3,160,004.32
O Purchases of Fixed Assets 3,746.00 1,781.75 13,022.20
P Purchases of Inventory 1,326.66 2,513,893.90 10,242,547.03
Q Manufacturing Supplies - 708.23 72,141.95
R Repairs and Maintenance 3,826.69 2,973.34 204,325.82
S Other Operating Expenses (Attach List) 77,252.69 10,892.81 6,736,246.26
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6 TOTAL CASH DISBURSEMENTS 241,088.90 2,616,626.28 47,278,018.78
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7 CASH AT END OF PERIOD (Item 4 Minus Item 6) 11,569.78 39,931.55 (1,077,641.54)
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