EX-99.1 3 a2059998zex-99_1.htm EXHIBIT 99.1 Prepared by MERRILL CORPORATION
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Exhibit 99.1


UNITED STATES BANKRUPTCY COURT
DISTRICT OF DELAWARE
OFFICE OF THE US TRUSTEE—REGION 3

In re: eToys, Inc.

Case No. 01-00706 (MFW)
Reporting Period: 08/01/01-08/31/01

MONTHLY OPERATING REPORT
File with Court and submit copy to United States Trustee within 20 days after end of month

    Submit copy of report to any official committee appointed in the case

Required Documents
  Form No.
  Document Attached
  Explanation Attached
Schedule of Cash Receipts and Disbursements   MOR-1   X    
  Bank Reconciliation (or copies of debtor's bank reconciliations)   MOR-1 (CON'T)   X    
  Copies of bank statements       X    
  Cash disbursements journals       X    
Statement of Operations   MOR-2   X    
Balance Sheet   MOR-3   X    
Status of Postpetition Taxes   MOR-4   X    
  Copies of IRS Form 6123 or payment receipt           X
  Copies of tax returns filed during reporting period       X    
Summary of Unpaid Postpetition Debts   MOR-4   X    
  Listing of aged accounts payable       X    
Accounts Receivable Reconciliation and Aging   MOR-5   X    
Debtor Questionnaire   MOR-5   X    

    I declare under penalty of perjury (28 U.S.C. Section 1746) that this report and the attached documents are true and correct to the best of my knowledge and belief.



Signature of Debtor

 


Date


Signature of Joint Debtor

 


Date

/s/ 
BARRY GOLD   
Signature of Authorized Individual

 

9/20/01

Date

BARRY GOLD
Printed Name of Authorized Individual

 

CEO

Title of Authorized Individual

*  Authorized individual must be an officer, director or shareholder if debtor is a corporation; a partner if debtor is a partnership; a manager or member if debtor is a limited liability company.


In re: eToys, Inc.

Case No. 01-00706 (MFW)

Attachment to Monthly Operating Report (MOR cover page):

      All payroll taxes are impounded by the independent payroll service therefore payment receipt is not applicable.

      There was no tax return filed during the period. Payroll and sales tax returns are prepared on a quarterly basis and submitted to respective government agency within thirty days after the end of each quarter.


In re: eToys, Inc.

Case No. 01-00706 MFW
Reporting Period 08/01/01-08/31/01

MOR-1
SCHEDULE OF CASH RECEIPTS AND DISBURSEMENTS

    Amounts reported should be per the debtor's books, not the bank statement. The beginning cash should be the ending cash from the prior month or, if this is the first report, the amount should be the balance on the date the petition was filed. The amounts reported in the "CURRENT MONTH—ACTUAL" columns must equal the sum of the bank account columns. The amount reported in the "PROJECTED" columns should be taken from the SMALL BUSINESS INITIAL REPORT (FORM-IR-1). Attach copies of the bank statements and the cash disbursements journal. The total disbursements listed in the disbursements journal must equal the total disbursements reported on this page. A bank reconciliation must be attached for cash account.

 
  Pre-petition
5300152165

  DIP General
2180039271

  Payroll
5300155253

  UBOC CD
2869002945

  UBOC STOCK
5300161903

  UBOC ESPP
5300161911

  UBOC CD
2189005826

  UBOC CD
2189009224

  UBOC CD
2189000603

  UBOC CD
2869003034

  WFB
Cert. Of Dep.

  UBOC CD
2189003821

CASH BEGINNING OF MONTH     64,832.38   3,729.74   21,079,056.91             11,160,750.53   100,000.00  
CASH SALES                                                
ACCOUNTS RECEIVABLE (NOTE 2)       361,979.14                                        
LOANS AND ADVANCES                                                
SALE OF ASSETS       934,352.77                                        
DUE FROM LLC                                                
OTHER (attach list)       638,457.21                                        
TRANSFER FROM DISTRIBUTION LLC                                                
TRANSFER FROM CD       150,000.00                               320,282.51        
TRANSFERS FROM PRE-PETITION                                                
TRANSFERS FROM DIP           170,000.00                                    
INTEREST       2,635.26       31,560.03                       33,445.26        
TOTAL RECEIPTS     2,087,424.38   170,000.00   31,560.03             353,727.77    
DISBURSEMENTS                                                
NET PAYROLL           (58,981.81 )                                  
PAYROLL TAXES           (109,383.90 )                                  
SALES,USE,& OTHER TAXES                                              
INVENTORY PURCHASES                                                
SECURED/RENT/LEASES       (530.25 )                                      
INSURANCE       (15,937.86 )                                      
ADMINISTRATIVE       (20,525.01 ) (1,016.29 )                                  
SELLING                                                
OTHER (attach list)       (7,686.00 )                                      
PRE-PETITION EXPENSES (NOTE 1)                                              
OWNER DRAW                                                
TRANSFERS                                                
  Transfer to LLC DIP       (100,000.00 )                                      
  Transfer to PR       (170,000.00 )                                      
  Transfer to CD       (810,000.00 )                                      
  Transfer to DIP General                                                
  Transfer to Pre-petition                                                
PROFESSIONAL FEES       (490,868.56 )                                      
U.S. TRUSTEE QUARTERLY FEES                                              
COURT COSTS                                                
TOTAL DISBURSEMENTS   0.00   (1,615,547.68 ) (169,382.00 ) 0.00   0.00   0.00   0.00   0.00   0.00   0.00   0.00   0.00
NET CASH FLOW   0.00   471,876.70   618.00   31,560.03   0.00   0.00   0.00   0.00   0.00   353,727.77   0.00   0.00
CASH END OF MONTH   0.00   536,709.08   4,347.74   21,110,616.94   0.00   0.00   0.00   0.00   0.00   11,514,478.30   100,000.00   0.00

NOTE 1—PAYMENTS MADE TO CRITICAL VENDORS AND EMPLOYEE REIMBURSEMENTS PURSUANT TO FIRST DAY ORDER

NOTE 2—ACCOUNTS RECEIVABLE COLLECTIONS ON BEHALF OF ETOYS DISTRIBUTION LLC (CASE NO. 01-00707).

    THE FOLLOWING SECTION MUST BE COMPLETED

TOTAL DISBURSEMENTS
LESS: TRANSFERS TO DEBTOR IN POSSESSION ACCOUNTS
PLUS: ESTATE DISBURSEMENTS MADE BY OUTSIDE SOURCES
TOTAL DISBURSEMENTS FOR CALCULATING U.S. TRUSTEE QUARTERLY FEES

Page 1 of 2


 
   
In re: eToys, Inc.   Case No. 01-00706 MFW
Reporting Period 08/01/01-08/31/01


MOR-1 con't
SCHEDULE OF CASH RECEIPTS AND DISBURSEMENTS

 
  UBOC CD
2869002614

  UBOC CD
2869002770

  UBOC CD
2869002754

  UBOC CD
2869003042

  UBOC CD
5309026234

  UBOC CD
5309028479

  WFB
060-8526315

  Total
 
CASH BEGINNING OF MONTH   288,000.00   0.00   603,181.05   0.00   187,500.00   319,429.60   103,751.98   33,910,232.19  

CASH SALES

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

0.00

 
ACCOUNTS RECEIVABLE (NOTE 2)                               361,979.14  
LOANS AND ADVANCES                               0.00  
SALE OF ASSETS                               934,352.77  
DUE FROM LLC                               0.00  
OTHER (attach list)                               638,457.21  
TRANSFERS—SWEEP ACCOUNT                               0.00  
TRANSFER FROM CD               1,266,609.41               1,736,891.92  
TRANSFERS FROM PRE-PETITION                               0.00  
TRANSFERS FROM DIP           810,000.00                   980,000.00  
INTEREST           3,428.36           852.91   370.11   72,291.93  
TOTAL RECEIPTS   0.00     813,428.36   1,266,609.41   0.00   852.91   370.11   4,723,972.97  

DISBURSEMENTS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
NET PAYROLL                               (58,981.81 )
PAYROLL TAXES                               (109,383.90 )
SALES,USE,& OTHER TAXES                               0.00  
INVENTORY PURCHASES                               0.00  
SECURED/RENT/LEASES                               (530.25 )
INSURANCE                               (15,937.86 )
ADMINISTRATIVE                           (10.00 ) (21,551.30 )
SELLING                               0.00  
OTHER (attach list)                               (7,686.00 )
PRE-PETITION EXPENSES (NOTE 1)                               0.00  
OWNER DRAW                               0.00  
TRANSFERS                               0.00  
  Transfer to LLC DIP                               (100,000.00 )
  Transfer to PR                               (170,000.00 )
  Transfer to CD           (1,266,609.41 )         (320,282.51 )     (2,396,891.92 )
  Transfer to DIP General           (150,000.00 )                 (150,000.00 )
  Transfer to Pre-petition                               0.00  
PROFESSIONAL FEES                               (490,868.56 )
U.S. TRUSTEE QUARTERLY FEES                               0.00  
COURT COSTS                               0.00  
TOTAL DISBURSEMENTS   0.00   0.00   (1,416,609.41 ) 0.00   0.00   (320,282.51 ) (10.00 ) (3,521,831.60 )
NET CASH FLOW   0.00   0.00   (603,181.05 ) 1,266,609.41   0.00   (319,429.60 ) 360.11   1,202,141.37  
CASH END OF MONTH   288,000.00   0.00   0.00   1,266,609.41   187,500.00   0.00   104,112.09   35,112,373.56  

NOTE 1—PAYMENTS MADE TO CRITICAL VENDORS AND EMPLOYEE REIMBURSEMENTS PURSUANT TO FIRST DAY ORDER

NOTE 2—ACCOUNTS RECEIVABLE COLLECTIONS ON BEHALF OF ETOYS DISTRIBUTION LLC (CASE NO. 01-00707).

THE FOLLOWING SECTION MUST BE COMPLETED

TOTAL DISBURSEMENTS   $ 3,521,831.60  
LESS: TRANSFERS TO DEBTOR IN POSSESSION ACCOUNTS   $ (2,816,891.92 )
PLUS: ESTATE DISBURSEMENTS MADE BY OUTSIDE SOURCES   $    
TOTAL DISBURSEMENTS FOR CALCULATING U.S. TRUSTEE QUARTERLY FEES   $ 704,939.68  

Page 2 of 2


In re: eToys, Inc.   Case No. 01-00706 (MFW)
Reporting Period: 08/01/01-08/31/01

MOR-1 Cont'd
BANK RECONCILIATIONS

The debtor in possession must complete the reconciliation below for each bank account including all general, payroll and tax accounts, as well as all savings and investment accounts, money market accounts, certificates of deposit, government obligations, etc. accounts with restricted funds should be identified by placing an asterisk next to the account number. Attach additional sheets if necessary.

A.   Bank:   Union Bank
  Union Bank
  Union Bank
  Union Bank
  Union Bank
B.   Account No.:   2180039271   5300155253   5300161903   5300161911   2869002945
C.   Purpose (Type):   DIP General   Payroll   Stock   E S P P   Time Deposit
1.   Balance per Bank Statement       $ 691,817.63       $ 54,881.54       $       $       $ 21,110,616.94
2.   (+) Deposit in Transit                                                  
3.   (-) Outstanding Checks         (155,108.55 )       (50,533.80 )                            
4.   Other                                                
5.   Month End Balance per Books       $ 536,709.08       $ 4,347.74       $       $       $ 21,110,616.94
6.   Number of Last Check Written         20320         605506                              
                                                       
DEPOSITS IN TRANSIT   Date
  Amount
  Date
  Amount
  Date
  Amount
  Date
  Amount
  Date
  Amount
        none   none   none   none   not applicable
                                                       
CHECKS OUTSTANDING   Ck#
  Amount
  Ck#
  Amount
  Ck#
  Amount
  Ck#
  Amount
  Ck#
  Amount
        10084     5,000.00   SEE ATTACHED
LIST
  none   none   not applicable
        20314     905.88                                        
        20315     110,226.43                                        
        20316     1,683.77                                        
        20319     1,269.62                                        
        20320     1,093.50                                        
        200116     305.17                                        
        300005     14.99                                        
        300011     7.48                                        
        300054     104.34                                        
        300059     3,793.11                                        
        300069     447.84                                        
        300070     30,256.42                                        
    Total Checks Outstanding       $ 155,108.55                                        

1


In re: eToys, Inc.   Case No. 01-00706 (MFW)
Reporting Period: 08/01/01-08/31/01

MOR-1 Cont'd
BANK RECONCILIATIONS

The debtor in possession must complete the reconciliation below for each bank account including all general, payroll and tax accounts, as well as all savings and investment accounts, money market accounts, certificates of deposit, government obligations, etc. accounts with restricted funds should be identified by placing an asterisk next to the account number. Attach additional sheets if necessary.

A.   Bank:   Union Bank
  Union Bank
  Union Bank
  Union Bank
  Union Bank
B.   Account No.:   2869003042   2189009224   5309026234   2869003034   2189003821
C.   Purpose (Type):   Time Deposit   Time Deposit   Time Deposit   Time Deposit   Time Deposit
1.   Balance per Bank Statement       $ 1,266,609.41       $       $ 187,500.00       $ 11,514,478.30       $
2.   (+) Deposit in Transit                                                  
3.   (-) Outstanding Checks                                                  
4.   Other Reconciling Items                                                  
5.   Month End Balance per Books       $ 1,266,609.41       $       $ 187,500.00       $ 11,514,478.30       $
6.   Number of Last Check Written                                                  
                                                       
DEPOSITS IN TRANSIT   Date
  Amount
  Date
  Amount
  Date
  Amount
  Date
  Amount
  Date
  Amount
        not applicable   not applicable   not applicable   not applicable   not applicable
                                                       
CHECKS OUTSTANDING   Ck#
  Amount
  Ck#
  Amount
  Ck#
  Amount
  Ck#
  Amount
  Ck#
  Amount
        not applicable   not applicable   not applicable   not applicable   not applicable

2


In re: eToys, Inc.   Case No. 01-00706 (MFW)
Reporting Period: 08/01/01-08/31/01

MOR-1 Cont'd
BANK RECONCILIATIONS

The debtor in possession must complete the reconciliation below for each bank account including all general, payroll and tax accounts, as well as all savings and investment accounts, money market accounts, certificates of deposit, government obligations, etc. accounts with restricted funds should be identified by placing an asterisk next to the account number. Attach additional sheets if necessary.

A.   Bank:   Wells Fargo
  Wells Fargo
  Union Bank
  Union Bank
  Union Bank
B.   Account No.:   ****   060-8526315   2869002614   5309028479   2869002754
C.   Purpose (Type):   Cert of Deposit   Credit Card   Time Deposit   Time Deposit   Time Deposit
1.   Balance per Bank Statement       $ 100,000.00       $ 104,112.09       $ 288,000.00       $       $
2.   (+) Deposit in Transit                                                  
3.   (-) Outstanding Checks                                                  
4.   Other Reconciling Items                                                  
5.   Month End Balance per Books       $ 100,000.00       $ 104,112.09       $ 288,000.00       $       $
6.   Number of Last Check Written                                                  
        **** copy of renewal notice was not available during the preparation of this report
                                                       
    DEPOSITS IN TRANSIT   Date
  Amount
  Date
  Amount
  Date
  Amount
  Date
  Amount
  Date
  Amount
        not applicable   not applicable   not applicable   not applicable   not applicable
                                                       
    CHECKS OUTSTANDING   Ck#
  Amount
  Ck#
  Amount
  Ck#
  Amount
  Ck#
  Amount
  Ck#
  Amount
        not applicable   not applicable   not applicable   not applicable   not applicable
                                                       

3


In re: eToys, Inc.   Case No. 01-00706 (MFW)
Reporting Period: 08/01/01-08/31/01

MOR-1 Cont'd
BANK RECONCILIATIONS

The debtor in possession must complete the reconciliation below for each bank account including all general, payroll and tax accounts, as well as all savings and investment accounts, money market accounts, certificates of deposit, government obligations, etc. accounts with restricted funds should be identified by placing an asterisk next to the account number. Attach additional sheets if necessary.

A.   Bank:   Union Bank
                                Total
 
B.   Account No.:     2869002770                                            
C.   Purpose (Type):     Time Deposit                                            
1.   Balance per Bank Statement   $                                 $ 35,318,015.91  
2.   (+) Deposit in Transit                                                   0.00  
3.   (-) Outstanding Checks                                                   (205,642.35 )
4.   Other Reconciling Items                                                   0.00  
5.   Month End Balance per Books   $       $       $       $         $ 35,112,373.56  
6.   Number of Last Check Written                                                      
                                                           
    DEPOSITS IN TRANSIT   Date
  Amount
  Date
  Amount
  Date
  Amount
  Date
  Amount
             
          not applicable   not applicable   not applicable   not applicable              
                                                           
    CHECKS OUTSTANDING   Ck#
  Amount
  Ck#
  Amount
  Ck#
  Amount
  Ck#
  Amount
             
          not applicable   not applicable   not applicable   not applicable              
                                                           

4


In re: eToys, Inc.

Case No. 01-00706 (MFW)

CASH DISBURSEMENTS
PAYROLL ACCOUNT
August 2001

CHECKNUM

  CHECK DATE
  NET
AMOUNT

  NET
CHECKS

  PAYROLL
TAXES

  FEES
Tax-Inc.   8/3/01   1,408.25       1,408.25    
306379   8/3/01   788.40   788.40        
306380   8/3/01   398.78   398.78        
306381   8/3/01   549.56   549.56        
306382   8/3/01   456.50   456.50        
306383   8/3/01   813.84   813.84        
306384   8/3/01   526.26   526.26        
306385   8/3/01   326.91   326.91        
Fees-Inc.   8/6/01   160.88           160.88
Tax-Inc.   8/10/01   1,418.62       1,418.62    
306386   8/10/01   1,261.44   1,261.44        
306387   8/10/01   551.80   551.80        
306388   8/10/01   759.77   759.77        
306389   8/10/01   382.54   382.54        
306390   8/10/01   813.84   813.84        
Fees-Inc.   8/13/01   141.65           141.65
Tax-Inc.   8/17/01   2,235.51       2,235.51    
306391   8/17/01   1,419.12   1,419.12        
306392   8/17/01   840.67   840.67        
306393   8/17/01   1,161.50   1,161.50        
306394   8/17/01   461.81   461.81        
306395   8/17/01   813.84   813.84        
306396   8/17/01   1,264.03   1,264.03        
Fees-Inc.   8/20/01   127.39           127.39
Tax-Inc.   8/24/01   1,758.20       1,758.20    
306397   8/24/01   946.08   946.08        
306398   8/24/01   840.66   840.66        
306399   8/24/01   759.76   759.76        
306400   8/24/01   467.06   467.06        
306401   8/24/01   813.83   813.83        
306402   8/24/01   326.91   326.91        
306403   8/24/01   67.27           67.27
Fees-Inc.   8/27/01   147.56       147.56    
Tax-Inc.   8/31/01   1,741.36   1,741.36        
306404   8/31/01   788.40   788.40        
306405   8/31/01   840.66   840.66        
306406   8/31/01   759.77   759.77        
306407   8/31/01   447.27   447.27        
306408   8/31/01   813.84   813.84        
306409   8/31/01   569.07   569.07        
Tax-Pre-Petition   8/31/01   81,107.34       81,107.34    
Tax   8/20/01   2,568.68       2,568.68    
TOTAL DISBURSEMENTS-eToys, Inc.  
114,846.63
           

Page 1 of 3


In re: eToys, Inc.

Case No. 01-00706 (MFW)

CASH DISBURSEMENTS
PAYROLL ACCOUNT
August 2001

CHECKNUM

  CHECK DATE
  NET
AMOUNT

  NET
CHECKS

  PAYROLL
TAXES

  FEES
Tax-LLC   8/3/01   6,176.39       6,176.39    
605507   8/3/01   526.95   526.95        
605508   8/3/01   421.31   421.31        
605509   8/3/01   442.81   442.81        
605510   8/3/01   968.16   968.16        
605511   8/3/01   438.25   438.25        
605512   8/3/01   1,032.67   1,032.67        
605513   8/3/01   474.58   474.58        
605514   8/3/01   1,461.93   1,461.93        
605515   8/3/01   455.69   455.69        
605516   8/3/01   494.79   494.79        
605517   8/3/01   1,005.50   1,005.50        
605518   8/3/01   432.21   432.21        
605519   8/3/01   433.93   433.93        
605520   8/3/01   2,935.41   2,935.41        
Fees-LLC   8/6/01   155.22           155.22
Tax-LLC   8/10/01   3,040.26       3,040.26    
605521   8/10/01   14.81   14.81        
605522   8/10/01   21.83   21.83        
605523   8/10/01   447.78   447.78        
605524   8/10/01   485.92   485.92        
605525   8/10/01   1,005.49   1,005.49        
605526   8/10/01   424.89   424.89        
605527   8/10/01   427.19   427.19        
605528   8/10/01   2,935.42   2,935.42        
Fees-LLC   8/13/01   136.63           136.63
Tax-LLC   8/17/01   2,857.81       2,857.81    
605529   8/17/01   447.77   447.77        
605530   8/17/01   485.91   485.91        
605531   8/17/01   834.10   834.10        
605532   8/17/01   424.91   424.91        
605533   8/17/01   427.19   427.19        
605534   8/17/01   2,935.42   2,935.42        
Fees-LLC   8/20/01   105.67           105.67
Tax-LLC   8/24/01   3,032.74       3,032.74    
605535   8/24/01   453.05   453.05        
605536   8/24/01   468.16   468.16        
605537   8/24/01   1,005.48   1,005.48        
605538   8/24/01   429.78   429.78        
605539   8/24/01   431.67   431.67        
605540   8/24/01   2,935.41   2,935.41        
Fees-LLC   8/27/01   121.58           121.58
Tax-LLC   8/31/01   3,632.54       3,632.54    

Page 2 of 3


In re: eToys, Inc.

Case No. 01-00706 (MFW)

CASH DISBURSEMENTS
PAYROLL ACCOUNT
August 2001

CHECKNUM

  CHECK DATE
  NET
AMOUNT

  NET
CHECKS

  PAYROLL
TAXES

  FEES
605541   8/31/01   661.64   661.64        
605542   8/31/01   814.61   814.61        
605543   8/31/01   1,005.50   1,005.50        
605544   8/31/01   651.55   651.55        
605545   8/31/01   641.44   641.44        
605546   8/31/01   2,935.42   2,935.42        
TOTAL DISBURSEMENTS-LLC  
54,535.37
           

TOTAL DISBURSEMENTS

 

169,382.00


 

58,981.81


 

109,383.90


 

1,016.29

Page 3 of 3


In re Etoys, Inc.

Case No. 01-00706(MFW)


MOR-1 ATTACHMENT
OTHER RECEIPTS
August 2001

Payer

  Description
  Amount
  Date
Cellular Paging   Refund     340.05   8/8/01
Network Solutions   Refund     35.00   8/8/01
Langner Security Services, Inc.   Refund     1,747.00   8/8/01
Krause Publications, Inc.   Refund     1.15   8/8/01
IGOE & Company Inc.   COBRA Refund     15,318.54   8/17/01
IGOE & Company Inc.   COBRA Refund     1,931.66   8/17/01
National Council   Refund     3,730.00   8/17/01
Irell & Manella   Refund     550,000.00   8/22/01
United States Postal Service   Refund     63,663.77   8/24/01
Verizon   Refund     6.81   8/24/01
Billboard Magazine   Refund     403.23   8/24/01
Kaiser Permanente   Refund     1,280.00   8/29/01
       
   
  Total       $ 638,457.21    
       
   

In re: eToys, Inc.

Case No. 01-00706 (MFW)


Cash Disbursements
August 2001

Date

  Num
  Name
  Amount
 
8/6/01   20292   ARCHIVE.COM, INC   530.25  
8/6/01   20293   RIGHT CLICK LLC   25.00  
8/6/01   20294   RIGHT ON TIME MOVING   7,686.00  
8/6/01   20295   COLLATERAL LOGISTICS, INC   8,000.00  
8/7/01   20297   BRANN & ISAACSON   428.20  
8/7/01   20298   GOLD, BARRY   2,597.17  
8/7/01   20299   SALOMON SMITH BARNEY   1,425.96  
8/7/01   20300   GOLD, BARRY   1,625.55  
8/9/01   20296   COLLATERAL LOGISTICS, INC   100,000.00  
8/10/01   20301   YOUNG, BYNNE   1,093.50  
8/10/01   20302   FEDERAL EXPRESS   91.00  
8/10/01   20303   MERRILL COMMUNICATIONS LLC   551.04  
8/10/01   20304   VERIZON CALIFORNIA   300.85  
8/10/01   20305   ANTHONY, DAVINA   900.00  
8/13/01   20306   SPRINT (PO BOX 79255)    
8/14/01   20307   ACE PARKING MGMT, INC.   855.00  
8/15/01   20308   TRAUB, BONACQUIST & FOX, LLP   130,864.40  
8/16/01   20309   BLUE CROSS OF CALIFORNIA   15,031.98  
8/16/01   20310   ACE PARKING MGMT, INC.   892.50  
8/16/01   20311   YOUNG, BYNNE   772.80  
8/20/01   20312   PANJABI, SATISH   9,338.80  
8/22/01   20313   CROSSROADS, LLC   110,895.91  
8/22/01   A 8-1   To record Flex Plan voided check # 1441, 1446, 1452, 1459 and 1475.   (5,455.53 )
8/23/01   20314   VISION SERVICE PLAN   905.88  
8/24/01   20315   TRAUB, BONACQUIST & FOX, LLP   110,226.43  
8/27/01   20316   GOLD, BARRY   1,683.77  
8/27/01   20317   DEMING, LINDA   551.70  
8/28/01   20318   COLLATERAL LOGISTICS, INC   30,881.82  
8/28/01   20319   GOLD, BARRY   1,269.62  
8/28/01   20320   YOUNG, BYNNE   1,093.50  
8/31/01   1511   Howard Farfel   484.58  
           
 
        Subtotal   535,547.68  
           
 
        ADD: Payroll Disbursements (see attached)   169,382.00  
           
 
        Total Disbursements   704,929.68  
           
 

In re: eToys, Inc.   Case No. 00706 (MFW)

STATEMENT OF OPERATIONS (MOR-2)
March 7 through August 31, 2001 and One Month Ended August 31, 2001
UNAUDITED

 
  Mar 7 - Aug 31, '01
  Aug '01
Ordinary Income/Expense        
    Income        
      Liquidation Proceeds        
        Loss on Disposal of Assets   -27,927,357.20    
        Refunds Received   15,918.15   -86.46
        Liquidation Proceeds—Other   563,442.49   72,768.38
   
 
      Total Liquidation Proceeds   -27,347,996.56   72,681.92
   
 
    Total Income   -27,347,996.56   72,681.92
   
 
  Gross Profit   -27,347,996.56   72,681.92
    Expense        
      Advertising   10,845.34    
      Bank Service Charges   137,652.68   10.00
      Dues and Subscriptions   8,404.47   -739.72
      Employee Benefits   319,256.45   -32,153.42
      Equipment Leases   111,397.78    
      Insurance   793,377.45    
      Janitorial Services   0.00   -2,499.00
      Licenses and Permits   3,348.02    
      Miscellaneous   14,390.62   2,798.50
      Moving Expense   7,686.00   7,686.00
      Office Relocation Expense   37,333.00    
      Outside Services   127,956.40   13,662.48
      Parking   57,863.47   1,747.50
      Payroll Taxes   73,978.28   5,487.42
      Postage and Delivery   7,548.15    
      Professional Fees        
        Accounting   1,593.59    
        Legal Fees   13,868.94   3,868.94
        Professional Fees—Other   0.00   -3,868.94
   
 
      Total Professional Fees   15,462.53   0.00
      Rent   386,536.44   4,630.25
      Repairs        
        Computer Repairs   138,848.94    
        Equipment Repairs   11,537.01    
        Repairs—Other   86,431.36   19,717.44
   
 
      Total Repairs   236,817.31   19,717.44
      Salaries & Wages        
        Vacation Expense   19,748.25    
        Salaries & Wages—Other   1,272,437.31   28,871.21
   
 
      Total Salaries & Wages   1,292,185.56   28,871.21
      Sales Tax   25,388.98    
      Security   763.35    
      Supplies        
        Office   7,672.48    
        Supplies—Other   337.91    
   
 
      Total Supplies   8,010.39   0.00
      Taxes        
        State   0.00   0.00

    See accompanying Note To Financial Statements   Page 1 of 2

In re: eToys, Inc.   Case No. 00706 (MFW)

STATEMENT OF OPERATIONS (MOR-2)
March 7 through August 31, 2001 and One Month Ended August 31, 2001
UNAUDITED

        Taxes—Other   29,810.37    
   
 
      Total Taxes   29,810.37   0.00
      Telephone        
        Communications Expense   180,774.41    
        Telephone—Other   113,362.96   -629.21
   
 
      Total Telephone   294,137.37   -629.21
      Travel & Ent        
        Meals   301.98    
        Travel   6,090.70    
        Travel & Ent—Other   29,152.74   7,084.62
   
 
      Total Travel & Ent   35,545.42   7,084.62
      Uncategorized Expenses   0.00   0.00
      Utilities        
        Gas and Electric   86.69    
        Utilities—Other   0.00   0.00
   
 
      Total Utilities   86.69   0.00
   
 
    Total Expense   4,035,782.52   55,674.07
   
 
  Net Ordinary Income   -31,383,779.08   17,007.85
  Other Income/Expense        
    Other Income        
      Interest Income   404,762.02   73,688.89
      Miscellaneous Income   1,624.91   -3,088.18
   
 
    Total Other Income   406,386.93   70,600.71
    Other Expense        
      Reorganization Expenses        
        Other Reorganization Expenses        
          Post-Petition Payments        
            Asset Management   368,640.47   138,881.82
            IT Consulting Services   6,732.50    
            Legal Notices/Publication   48,216.13    
   
 
          Total Post-Petition Payments   423,589.10   138,881.82
          Pre-Petition Payments        
            Employee Reimbursements   6,020.71    
            Exp Deducted—Sec Dep   6,600.00    
            Other Critical Vendors   8,588.84    
            Payroll   540,337.53    
            Sales & Other Taxes   74,753.07   79,367.01
   
 
          Total Pre-Petition Payments   636,300.15   79,367.01
          Provision for Restructuring Chg   97,853,000.00    
          Record Storage   589.25   589.25
   
 
        Total Other Reorganization Expenses   98,913,478.50   218,838.08
        Professional Fees   3,010,288.27   388,765.74
        U.S. Trustees Fees   14,000.00    
        Reorganization Expenses—Other   100,000.00    
   
 
      Total Reorganization Expenses   102,037,766.77   607,603.82
   
 
    Total Other Expense   102,037,766.77   607,603.82
   
 
  Net Other Income   -101,631,379.84   -537,003.11
   
 
Net Loss   -133,015,158.92   -519,995.26
   
 
    See accompanying Note To Financial Statements   Page 2 of 2

In re: eToys, Inc.   Case No. 01-00706 (MFW)

Balance Sheet (MOR-3)
As of August 31, 2001
UNAUDITED

 
  Aug 31, '01
ASSETS    
  Current Assets    
    Checking/Savings    
      101000B—UBOC DIP A/C   536,709.08
      101100—UBOC Payroll   4,347.74
      101860—UBOC CD   21,110,616.94
      101861—UBOC CD   1,266,609.41
      101864—UBOC CD   11,514,478.30
      102000—Wells Fargo CD   100,000.00
      105000—Cash on Deposit   288,000.00
      107000—UBOC Cert. of Deposit   187,500.00
      109600—Wells Fargo Credit Crd   104,112.09
   
    Total Checking/Savings   35,112,373.56
    Other Current Assets    
      Other Liquidated Debts    
        122500—Employee Receivables   400.00
        129000—A/R Other   607,563.52
        152000—Prepaid Marketing   3,546,581.00
        152500—Prepaid Maintenance   106,154.65
        153000—Prepaid License   83,927.45
        159000—Prepaid Other   2,104,059.95
        241000—Deposits   416,222.00
   
      Total Other Liquidated Debts   6,864,908.57
   
    Total Other Current Assets   6,864,908.57
   
  Total Current Assets   41,977,282.13
  Fixed Assets    
    FF&E    
      202000—Office Equipment   1,199,705.47
      202500—Furniture & Fixtures   145,297.80
      203000—Computer Hardware   6,408,476.32
      204500—Off. Equip. Cap Lease   253,846.17
      205000—Furn & Fixt Cap Lease   750,518.79
      205500—Comp Hdwre Cap Lease   10,719,162.01
      212000—A/D Office Equipment   -319,133.93
      212500—A/D Furn & Fixtures   -31,543.65
      213000—A/D Computer Hardware   -1,544,232.78
      214500—A/D Off.Equip. Cap Lse   -106,402.17
      215000—A/D F & F Cap Lse   -219,089.28
      215500—A/D Comp Hdwr Cap Lse   -5,017,334.09
   
    Total FF&E   12,239,270.66
    Leasehold Improvements    
      201000—Leasehold Improvements   7,401,458.00
      211000—Accum. Depr. Lease Imp   -413,074.51
   
    Total Leasehold Improvements   6,988,383.49
   
  Total Fixed Assets   19,227,654.15
  Other Assets    
    I/C Receivables—Post Petition    
      251000 POST—Due From Dist LLC   -11,845,798.13
   
    Total I/C Receivables—Post Petition   -11,845,798.13
    I/C Receivables Pre-Petition    
      251500—Due From eToys Dist   62,252,413.51
      255000—Due From eToys Europe   1,769,504.33
   
    Total I/C Receivables Pre-Petition   64,021,917.84
    Intangible Assets    
      231000—Goodwill   2,596,625.08
      231500—Accum. Amort. Goodwill   -1,121,654.00
      232000—License Fee   2,565,922.69
      232500—Accum. Amort. License   -388,280.31
    See accompanying Notes to Financial Statements   Page 1 of 2

In re: eToys, Inc.   Case No. 01-00706 (MFW)

Balance Sheet (MOR-3)
As of August 31, 2001
UNAUDITED

 
  Aug 31, '01
      243000—Debt Issuance Cost   5,003,543.62
      243500—Accum Amort Debt Costs   -1,066,386.73
      244000—Lease/Loan Orig. Fees   392,545.81
      244500—Accum Amort Lease Fees   -43,749.99
   
    Total Intangible Assets   7,938,566.17
    Reserve—I/C Receivables   -55,000,000.00
    Reserve for Restructuring Chrgs   -23,939,294.95
   
  Total Other Assets   -18,824,609.07
   
TOTAL ASSETS   42,380,327.21
   
LIABILITIES & EQUITY    
  Liabilities    
    Current Liabilities    
      Accounts Payable    
        Accounts Payable   394,471.76
   
      Total Accounts Payable   394,471.76
      Other Current Liabilities    
        Post-Petition Liabilities    
          340000—Accrued Prof Fees   2,015,681.00
          350000—Deposit Liabilities   22,500.00
   
        Total Post-Petition Liabilities   2,038,181.00
   
      Total Other Current Liabilities   2,038,181.00
   
    Total Current Liabilities   2,432,652.76
    Long Term Liabilities    
      Liabs Subject to Compromise    
        Priority Claims    
          303000P—Gift Certificates   646,521.86
          304500P—Employee Benefits   29,570.00
          311000P—Taxing Authority   137,259.00
          332000P—Employee Comp Liab   218,475.07
   
        Total Priority Claims   1,031,825.93
        Secured Claims    
          351000—Capital Lease Oblgns   9,255,313.94
          352000—L-T Notes Payable   1,107,131.33
   
        Total Secured Claims   10,362,445.27
        Unsecured Claims    
          300000—Accounts Payable   21,353,808.61
          326000—Agreement   2,583,268.44
          327000—Contract   93,805.00
          328000—Litigation   51,899.52
          331000—Web Affiliate   185,120.00
          332000—Employee Comp   615,562.49
          335000—Accrued Interest Pyble   2,670,000.75
          351000—Equipment Lease   1,666,630.92
          353000—Subordinated N/P    
            353000 A—Subordinated N/P   89,000,000.00
            353000 B—Subordinated N/P   61,000,000.00
   
          Total 353000—Subordinated N/P   150,000,000.00
   
        Total Unsecured Claims   179,220,095.73
   
      Total Liabs Subject to Compromise   190,614,366.93
   
    Total Long Term Liabilities   190,614,366.93
   
  Total Liabilities   193,047,019.69
   
  Total Equity   -150,666,692.48
   
TOTAL LIABILITIES & EQUITY   42,380,327.21
   
    See accompanying Notes to Financial Statements   Page 2 of 2

 
   
In re: eToys, Inc
Debtor
  Case No. 01-00706 (MFW)
Reporting Period: 08/01/01-08/31/01

Notes to Unaudited Financial Statements (MOR-2, 3)
As of August 31, 2001
UNAUDITED

NOTE 1—Basis of Presentation

Assets are carried at cost. Amounts anticipated to be realized from the liquidation of the Company's assets are expected to be significantly less than book value. The Company has not been able to definitively determine the amount expected to be realized from the sale of its assets. No adjustment has been made to the cost basis of assets to reflect the lower value.

NOTE 2—Provision For Restructuring and Asset Impairment

Due to the Company's filing for Chapter 11 protection and the determination that there were no ready buyers for the Company, the Company's assets are being sold and the Company will be liquidated. Cash expected to be realized from the liquidation of the Company's assets is expected to be considerably less than cost basis. Accordingly, management has prepared an estimate of net realizable values and charged a provision to statement of operations and established a reserve on the Company's balance sheet. There can be no assurance that this reserve is adequate to cover the losses actually realized upon asset sales.


 
   
   
In re: eToys, Inc   Case No. 01-00706 (MFW)
    Debtor   Reporting Period: 08/01/01-08/31/01


MOR-4
STATUS OF POSTPETITION TAXES

The beginning tax liability should be the ending liability from the prior month or, if this is the first report, the amount should be zero. Attach photocopies of IRS Form 6123 or payment receipt to verify payment or deposit of federal payroll taxes. Attach photocopies of any tax returns filed during the reporting period.

 
  Beginning
tax
Liability

  Amount
withheld or
Actual

  Amount
Paid

  Date paid
  Check No.
  Ending
Tax
Liability

FEDERAL                        
Withholding   0.00   3,819.41   3,819.41   8/3, 8/10, 8/17, 8/24, 8/31   Note 1   0.00
FICA-Employer   0.00   1,721.92   1,721.92   8/3, 8/10, 8/17, 8/24, 8/31   Note 1   0.00
FICA-Employee   0.00   1,721.92   1,721.92   8/3, 8/10, 8/17, 8/24, 8/31   Note 1   0.00
Tax Adjustment   0.00   2,568.68   2,568.68   8/20   Note 1   0.00
Tax Refund   0.00   1,196.82   1,196.82           0.00
Unemployment   0.00   0.00   0.00           0.00
Income   0.00   0.00   0.00           0.00
Other:   0.00   0.00   0.00           0.00
  Total Federal Taxes   0.00   11,028.75   11,028.75           0.00
STATE AND LOCAL                        
Withholding   0.00   1,298.69   1,298.69   8/3, 8/10, 8/17, 8/24, 8/31   Note 1   0.00
Sales   0.00   0.00   0.00           0.00
Excise   0.00   0.00   0.00           0.00
Unemployment   0.00   0.00   0.00           0.00
Real Property   0.00   0.00   0.00           0.00
Personal Property   0.00   0.00   0.00           0.00
Other:   0.00   0.00   0.00           0.00
  Total State and Local   0.00   1,298.69   1,298.69           0.00

Total taxes

 

0.00

 

12,327.44

 

12,327.44

 

 

 

 

 

0.00

Note 1—All payroll taxes are impounded by the independent payroll service on or about the date of each payroll and remitted to the appropriate agencies.


SUMMARY OF UNPAID POSTPETITION DEBTS

    Attach aged listing of accounts payable.

 
  Number of Days Past Due
 
  Current
  1-30
  31-60
  61-90
  > 90
  Total
Accounts payable   5,629.01   3,235.37   24,358.06   (371.31 ) 361,620.63   394,471.76
Wages payable                        
Taxes Payable                      
Rent/Lease-Equipment                        
Secured Debt/Adequate Protection Payments                        
Professional Fees                       1,606,037.00
Amounts Due to Insiders*                        
Other: Deposit Liabilities                       22,500.00
Other:                        
Total Postpetition Debts                       2,023,008.76

Explain how and when the Debtor intends to pay any past-due postpetition debts.

Debtor has adequate funds available to pay post-petition obligations. However, payments to some vendors have been delayed

pending resolution of disputed balances and adjudication of motions for allowance of administrative claims.







* "Insider" is defined in 11 U.S.C. Section 101 (31).


BOE-401-A (FRONT)   P.O. BOX 3652       310-342-1000   STATE OF CALIFORNIA
REV. 88 (4-01)   CULVER CITY   CA 90231-3652       BOARD OF EQUALIZATION
STATE, LOCAL and DISTRICT SALES and USE TAX RETURN   BOARD USE ONLY
DUE ON OR BEFORE Jul 31, 2001 for Apr through Jun 2001   2201   RA-IT LOC REG
RA-BTR AACS REF
[FOID 6-223-651]   *       YOUR ACCOUNT NO.    
        SR   AS   97-077581      8    
S2   EFT               EFF
                 
BOARD OF EQUALIZATION
P.O. BOX 942879
SACRAMENTO CA 94279-8020
  ETOYS
ETOYS, INC.
3100 OCEAN PARK BLVD #300
SANTA MONICA CA 90405
  19033-036-0000
19
07/97
RT-AA
POA E

READ SCHEDULE T - TAX ADJUSTMENT WORKSHEET and 01-2 RETURN INSTRUCTIONS BEFORE PREPARING THIS RETURN

  1.   TOTAL (GROSS) SALES           1.   $53,000.00   PLEASE ROUND CENTS TO THE NEAREST WHOLE DOLLAR
  2.   PURCHASE SUBJECT TO USE TAX           2.   0.00    
  3.   TOTAL (add lines 1 and 2)           3.   53,000.00    
  4.   SALES TO OTHER RETAILERS FOR PURPOSES OF RESALE   50   $53,000.00            
  5.   NONTAXABLE SALES OF FOOD PRODUCTS   51   .00            
  6.   NONTAXABLE LABOR (repair and installation)   52   .00            
  7.   SALES TO THE UNITED STATES GOVERNMENT   53   .00            
  8.   SALES IN INTERSTATE OR FOREIGN COMMERCE   54   .00            
  9.   SALES TAX (IF ANY) INCLUDED ON LINE 1   55   .00            
  10.   (a) BAD DEBT LOSSES ON TAXABLE SALES   56   .00            
      (b) COST OF TAX-PAID PURCHASES RESOLD PRIOR TO USE   57   .00            
      (c) RETURNED TAXABLE MERCHANDISE   58   .00            
      (d) CASH DISCOUNTS ON TAXABLE SALES   59   .00            
      (e) SECTIONS 6377 & 6378 - 4.75% STATE TAX EXEMPTIONS                    
      60(a) Amount subject to Manufacturer's Exemption
$
  60(b) Amount subject to Teleproduction Exemption
$
  60(c) Enter total of boxes 60(a) & 60(b)
$
  (Multiply box 60(c) by .8261) Enter result in box 61   61   .00            
      (f) OTHER (clearly explain)   90   .00            
  11.   TOTAL NONTAXABLE TRANSACTIONS REPORTED ON LINES 4 THRU 10(f) (add lines 4 thru 10(f))           11.   53,000.00    
  12.   TRANSACTIONS SUBJECT TO STATE TAX (subtract line 11 from line 3)           12.   0.00    
      (a) Enter line 12, Column A amount from Schedule T worksheet 12(a) $                    
  13.   STATE TAX 5.75% (multiply line 12 by .0575 OR enter line 13(c) amount from Schedule T worksheet)           13.   0.00   <
  14.   (a) TRANSACTIONS SUBJECT TO COUNTY TAX (add amount in box 61 (above) to line 12) Enter total here           14(a).   0.00    
      (b) COUNTY TAX 1/4% (multiply line 14(a) by .0025)           14(b).   0.00   <
  15.   ADJUSTMENTS FOR LOCAL TAX (see line 15 instructions)           15.   0.00    
REC
NO.
16.   TRANSACTIONS SUBJECT TO LOCAL TAX (add or subtract line 15 to or from line 14(a))           16.   0.00    
  17.   LOCAL TAX 1% (multiply line 16 by .01)           17.   0.00   <
  18.   DISTRICT TAX (from Schedule A, line A11) YOU MUST COMPLETE SCHEDULE A ON REVERSE IF YOU ARE ENGAGED IN BUSINESS IN A TRANSACTIONS TAX DISTRICT           18.   0.00   <
  19.   TOTAL STATE, COUNTY, LOCAL AND DISTRICT TAX (add lines 13, 14(b), 17 & 18)           19.   0.00    
  20.   DEDUCT sales or use tax imposed by other states and paid on the purchase price of tangible personal property. Purchase price must be included in line 2           20.   0.00    
  21.   NET TAX (subtract line 20 from line 19)           21.   0.00    
PM 22.   Less PREPAYMENTS 1ST PREPAYMENT 2ND PREPAYMENT   Total   22.   $0.00    
      $   $       Prepayment            
  23.   REMAINING TAX (subtract line 22 from line 21)           23.   0.00    
  24.   PENALTY of 10% (.10) is due if your tax payment is made, or your return is filed, after the due date shown above (see line 24 instructions)       PENALTY   24.   0.00    
  25.   INTEREST: One month's interest is due on tax for each month or fraction of a month that payment is delayed after the due date. The adjusted monthly interest rate is 1% (.01000) (12% divided by 12).       INTEREST   25.   0.00    
  26.   TOTAL AMOUNT DUE AND PAYABLE (add lines 23, 24 & 25)           26.   $0.00    


I hereby certify that this return, including any accompanying schedules and statements, has been examined by
me and in the best of my knowledge and belief is a true, correct and complete return.

YOUR SIGNATURE AND TITLE   TELEPHONE NUMBER   DATE
Barry Gold CEO       7/31/01
PAID PREPARER'S PAID PREPARER'S NAME
USE ONLY
  PAID PREPARER'S TELEPHONE NUMBER   S2
EFT

Make a copy for your records.


BOE-401-A (BACK) REV. 88(4-01)
SCHEDULE A — COMPUTATION SCHEDULE FOR DISTRICT TAX

A1.   AMOUNT ON WHICH LOCAL TAX APPLIES
(Enter amount from line 16 on the front of the return)
  $    0.00   READ
INSTRUCTIONS BEFORE
PREPARING THIS
SCHEDULE
A2/A3.   DEDUCT Sales delivered to any location not in a district tax area     000   -     .00   Please round cents to
nearest whole dollar
A4.   AMOUNT OF DISTRICT TRANSACTIONS (subtract line A2/A3 from line A1)
(Allocate this amount to the correct district tax areas in Column A5)
  $     .00    
DISTRICT TAX
AREAS

  A5.
ALLOCATE LINE A4 TO
CORRECT DISTRICT(S)

  A6./A7.
ADD (+)/DEDUCT (-)
ADJUSTMENTS

  A8.
TAXABLE AMOUNT
A5 plus/minus A6/A7

  A9.
TAX
RATE

  A10.
DISTRICT TAX
Multiply A8 by A9

*ALAMEDA Co.   011   .00   .00   .00   .01   $  
*CONTRA COSTA Co.   025   .00   .00   .00   .01      
CITY OF PLACERVILLE
(El Dorado Co.)
  070   .00   .00   .00   .0025      
*FRESNO Co.   072   .00   .00   .00   .00625      
074                              
CITY OF CLOVIS (Fresno Co.)
Public Safety Transactions & Use Tax
  073   .00   .00   .00   .003      
*IMPERIAL Co.
Local Transportation Authority
  029   .00   .00   .00   .005      
046                              
*CITY OF CALEXICO
Heffernan Hospital District
  045   .00   .00   .00   .005      
INYO Co.   014   .00   .00   .00   .005      
CITY OF CLEARLAKE (Lake Co.)   058   .00   .00   .00   .005      
*LOS ANGELES Co.   036   .00   .00   .00   .01      
078                              
*CITY OF AVALON
Avalon Municipal Hospital and Clinic
  077   .00   .00   .00   .005      
MADERA Co.   034   .00   .00   .00   .005      
MARIPOSA CO.   076   .00   .00   .00   .005      
NAPA Co.   065   .00   .00   .00   .005      
*NEVADA Co.
Public Library Transactions & Use Tax
  067   .00   .00   .00   .00125      
069                              
*TOWN OF TRUCKEE
Road Maintenence Transactions & Use Tax
  068   .00   .00   .00   .005      
ORANGE Co.   037   .00   .00   .00   .005      
RIVERSIDE Co.   026   .00   .00   .00   .005      
SACRAMENTO Co.   023   .00   .00   .00   .005      
SAN BERNARDINO Co.   031   .00   .00   .00   .005      
SAN DIEGO Co.   013   .00   .00   .00   .005      
*SAN FRANCISCO Co.   052   .00   .00   .00   .0125      
SAN JOAQUIN Co.   038   .00   .00   .00   .005      
*SAN MATEO Co.   019   .00   .00   .00   .01      
SANTA BARBARA Co.   030   .00   .00   .00   .005      
*SANTA CLARA Co.   064   .00   .00   .00   .01      
*SANTA CRUZ Co.   062   .00   .00   .00   .0075      
SOLANO Co.   066   .00   .00   .00   .00125      
SONOMA Co.   039   .00   .00   .00   .0025      
STANISLAUS Co.   059   .00   .00   .00   .00125      
CITY OF WOODLAND (Yolo Co.)   075   .00   .00   .00   .005      
A11.   TOTAL DISTRICT TAX. Add Column A10, (Enter here and on line 18 on front of return)   $ 0

    * This district tax area includes more than one transactions and use tax district. (See instructions for Schedule A)


BOE-531-T (FRONT) REV. 2(4-01)   STATE OF CALIFORNIA
BOARD OF EQUALIZATION

SCHEDULE T—TAX ADJUSTMENT WORKSHEET
DUE ON OR BEFORE
Jul 31, 2001 for Apr through Jun 2001                                                 2201                            19
[FOID  6-223-651  ]*                        SA            AS             YOUR ACCOUNT NO.

97-077581                                                 8                        POA E

ETOYS, INC.

    If you are required to complete Schedule T, attach it to your return.

PLEASE READ INSTRUCTIONS
BEFORE PREPARING THIS SCHEDULE

  COLUMN A
TRANSACTION
PRIOR TO
1/1/01

  COLUMN B
TRANSACTION
ON/OR AFTER
1/1/01

  COLUMN C


TOTAL


 1. TOTAL (GROSS) SALES   .00   53,000.00   53,000.00

 2. PURCHASE SUBJECT TO USE TAX   .00   0.00   0.00

 3. TOTAL (add lines 1 and 2)   .00   53,000.00   53,000.00

 4. SALES TO OTHER RETAILERS FOR THE PURPOSE OF RESALE   .00   53,000.00   53,000.00

 5. NONTAXABLE SALES OF FOOD PRODUCTS   .00   .00   .00

 6. NONTAXABLE LABOR   .00   .00   .00

 7. SALES TO THE UNITED STATES GOVERNMENT   .00   .00   .00

 8. SALES IN INTERSTATE OR FOREIGN COMMERCE   .00   .00   .00

 9. SALES TAX (IF ANY) INCLUDED IN LINE 1   .00   .00   .00

10. a) BAD DEBT LOSSES ON TAXABLE SALES   .00   .00   .00

  b) COST OF TAX-PAID PURCHASE RESOLD   .00   .00   .00

  c) RETURNED TAXABLE MERCHANDISE   .00   .00   .00

  d) CASH DISCOUNTS ON TAXABLE SALES   .00   .00   .00

  e) Sections 5377 & 6378 - STATE TAX EXEMPTIONS            

60(a) Amount subject to 5% Manufacturer's Exemption
$
  + 60(b) Amount subject to 5% Teleproduction Exemption
$
  = 60(c) Enter total of boxes 60(a) & 60(b)
$
  (Multiply box 60(c) by .8333) Enter result in Column A   .00        

60(a) Amount subject to 4.75% Manufacturer's Exemption
$
  + 60(b) Amount subject to 4.75% Teleproduction Exemption
$
  = 60(c) Enter total of boxes 60(a) & 60(b)
$
  (Multiply box 60(c) by .8261) Enter result in Column B       .00    

Add Columns A and B: enter total in Column C and in line 10(e), box 61, on the front of the return.   Enter this total in
box 61 on the return ›
  .00

  f) OTHER   .00   .00   .00

11. TOTAL NONTAXABLE TRANSACTIONS REPORTED ON LINES 4 THRU 10(f)   .00   53,000.00   53,000.00

12. TRANSACTIONS SUBJECT TO STATE TAX (subtract line 11            
  from line 3) for each column:            
    Enter amount from Column A on line 12(a) of the return;
Enter the amount from Column C on line 12 of the return
  .00   0.00   0.00

  TAX RATE (multiply line 12 by this state sales and use tax rate)   x 0.06   x 0.0575    

13. STATE TAX            
  a) Adjusted for state sales and use tax rate change PRIOR to 1/1/01   .00        

  b) Adjusted for state sales and use tax rate change ON/OR AFTER 1/1/01       .00    

  c) Add lines 13a and 13b: enter total in Column C and on line 13 of the return           0.00


BOE-531-T (BACK)REV. 2 (4-01)

INSTRUCTIONS FOR PREPARING SCHEDULE T FOR THE BOE-401-A OR BOE-401-GS RETURNS

    Schedule T is designed to report transactions that occurred prior to January 1, 2001. These transactions must be separated because of the .25 percent (1/4%) decrease in the state sales and use tax rate that took effect January 1, 2001.

    Note: Include this worksheet with your return and keep a copy for your records. After you have transferred information from your worksheet to the front of your return, you must complete the remaining lines of your return (lines 14 and following).


COLUMN A

 

 

 

COLUMN B

 

 

 

COLUMN C

Enter transactions that
occurred prior to
January 1, 2001.

 

+

 

Enter transactions that
occurred on or after
January 1, 2001.

 

=

 

Enter the total of
Columns A and B
                 

Do not enter amounts
in shaded areas.

 

 

 

Do not enter amounts
in shaded areas.

 

 

 

Do not enter amounts
in shaded areas.

SPECIAL INSTRUCTIONS FOR COLUMN A

 

 

 

SPECIAL INSTRUCTIONS FOR COLUMN B

 

 

 

SPECIAL INSTRUCTIONS FOR COLUMN C

Lines 1-10

 

 

 

Lines 1-10

 

 

 

Lines 1-10
For an explanation of these
entries, please refer to your
enclosed Sales and Use Tax
Return Instructions.
      For an explanation of these
entries, please refer to your
enclosed Sales and Use Tax
Return Instructions.
      For an explanation of these
entries, please refer to your
enclosed Sales and Use Tax
Return Instructions.

NOTE-Line 10 entries for Column A

 

 

 

Line 12

 

 

 

 
Your line 10 entries may result in a credit total on lines 12 and 13(a).       Multiply your answer in line 12, Column B, by 0.0575 and enter the total in line 13(b).       Transfer the totals for lines 1-13 to the front of your return, as indicated.

Line 12

 

 

 

 

 

 

 

Line 13(c)
Be sure to transfer the total in line 12, Column A, to line 12(a) of your return.               In calculating your total, be sure to adjust for any credit (minus) amount in lines 13(a) and/or 13(b).

Multiply your answer in Line 12, Column A, by 0.06 and enter the total in line 13(a).

 

 

 

 

 

 

 

 

Need assistance? Call our Information Center, 1-800-400-7115.
To speak to a Customer Service Representative, call between 8:00 a.m. and 5:00 p.m.,
Monday through Friday, excluding State holidays.


EDD Serving the People of California

Approved Extension To

QUARTERLY CONTRIBUTION RETURN
PLEASE TYPE THIS FORM—DO NOT ALTER PREPRINTED INFORMATION

You must FILE this return even though you had no payroll. If no payroll show "0" in Item B, check no payment enclosed box on envelope. Please sign the declaration on line K.    
                            YR
  QTR

QUARTER ENDED
 
06/30/2001
 

DUE
 
07/31/01
  DELINQUENT IF NOT POSTMARKED OR RECEIVED BY  
07/31/01
      2001   2

/ / CHECK THIS BLOCK if changes are reported on the Request For Change form—refer to third page.

 

Employer Account No.
430-7537-3
E TOYS INC
12200 W. Olympic Blvd.
  DO NOT ALTER THIS AREA

Los Angeles, CA 90064

 

P1

 

P2

 

C

 

P

 

U

 

S

 

W

 

A

 

 

 

 

 

 

Mo.

 

Day

 

Yr.

 

 

 

WIC
    EFFECTIVE DATE   =   =   =
           

            FEIN   95-4633006

A.   NUMBER OF EMPLOYEES earning wages during or receiving pay for the pay periods that include the 12th day of the calendar month (enter numerals only). Please complete all fields. Blank fields will be identified as missing data.   1st
Month
  28   2nd
Month
  21   3rd
Month
  10
B.   TOTAL SUBJECT WAGES PAID THIS QUARTER   (B)   899252.02

C.

 

UNEMPLOYMENT INSURANCE TAXABLE WAGES (UI)
(Individual Employee Wages to $7,000.00 per calendar year)

 

(C)

 

7708.64

D.

 

DISABILITY INSURANCE TAXABLE WAGES (DI)
(Individual Employee Wages to $46,327.00 per calendar year)

 

 

 

 

 

 

 

 

(D1 Voluntary Plan)

 

 

 

(D2 State Plan)

 

 

 

 

 

 

 

 

BREAKDOWN OF ITEM D

 

0.00

 

PLUS

 

139,695.96

 

=

 

(D3)

 

139,695.96

E.

 

EMPLOYER'S UI CONTRIBUTIONS

 

2.600  

 

% times C

 

 

 

(E)

 

200.42

E1.

 

EMPLOYMENT TRAINING TAX

 

0.100  

 

% times C

 

 

 

(E1)

 

7.71

F.

 

EMPLOYEE CONTRIBUTIONS (SDI)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(F1) SDI Employee Contribution

 

 

 

(F2) DI Previously Paid This Quarter

 

 

 

 

 

 

 

 

WITHHELD 0.900 % Times D2

 

1,257.26

 

LESS

 

1,257.16

 

=

 

(F3)

 

0.10

 

 

 

 

(G1) Total Employee PIT Withheld

 

 

 

(G2) PIT Previously Paid This Quarter

 

 

 

 

 

 

G.

 

CALIFORNIA PERSONAL INCOME TAX (PIT) WITHHELD

 

59,070.75

 

LESS

 

61,639.13

 

=

 

(G3)

 

-2568.38

H.

 

ADJUSTMENT TO PRIOR QUARTERS - A DE 938, Quarterly Report Adjustment Form must be attached

 

(H)

 

0.00

J.

 

SUBTOTAL (Add Items E, E1, F3, G3 and H)

 

(J)

 

-2360.15

K.

 

DI VOLUNTARY PLAN ASSESSMENT

 

0.000  

 

% Times DI

 

 

 

(K)

 

0.00

L.

 

TAXES DUE THIS QUARTER (Add Items J & K)

 

(L)

 

2,360.15

Make check payable to EMPLOYMENT DEVELOPMENT DEPARTMENT
INCLUDE EMPLOYER ACCOUNT NUMBER ON CHECK.

 

Bank No._______________
DO NOT STAPLE CHECK TO RETURN)

 

DEPT USE

FOURTH QUARTER

M.

 

CALIFORNIA PERSONAL INCOME TAX (PIT) WITHHELD - PIT WITHHELD PER FORMS W-2 AND/OR 1099-R

 

 

 

0.00

HELP US IMPROVE THE QUALITY OF OUR EMPLOYMENT TAX SERVICES. PLEASE RATE OUR CURRENT SERVICES BY ENTERING THE APPROPRIATE NUMBER IN THE BOX: 4=EXCELLENT  3=GOOD  2=FAIR  1=POOR

 

/4/

BE SURE TO SIGN THIS DECLARIFICATION: I DECLARE that the information herein is true and correct to the best of my knowledge and belief.


Signature

 

E Sloustcher

 

Title

 

PROBUSINESS/ATTORNEY-IN-FACT
(Owner, Accountant, Preparer, etc.)

 

Phone

 

925-737-3151

 

Date

 

7/31/01

/x/ Check this block if individual employees' wages are reported on magnetic media instead of on wage detail forms.

SEE INSTRUCTIONS THE BACK OF THIS FORM

DE 3D Rev. 9 (1-97) State of California/Employment Development Department/P.O. Box 826847/Sacramento, CA 94247-0001

PowerTax Facsimile Tax Return Form: CA DE3DV2   08/05/2001 11:59:59AM
CU-TA 198G

Employer's Quarterly Federal Tax Return
See separate instructions for information on completing this return.
Please type or print.

Form 941
(Rev. October 2000)
Department of Treasury
Internal Rev. Service
  4141




  OMB No. 1545-0029
T
FF
FD
FP
I
T

Enter state code for state in which deposits were made ONLY if different from state in address to the right (see page 2 of instructions).      CA

 


E TOYS INC
12200 W. Olympic Blvd
Los Angeles CA 90064

 

06/30/2001
95-4633006

If address is different from prior return, check here

IRS Use

1   1   1   1   1   1   1   1   1   1       2       3   3   3   3   3   3   3   3       4   4   4       5   5   5





6       7       8   8   8   8   8   8               9   9   9   9   9       10   10   10   10   10   10   10   10   10   10

If you do not have to file returns in the future, check here    and enter date final wages paid

If you are a seasonal employer, see Seasonal employers on page 1 of the instructions and check here

1.   Number of employees in the pay period that includes March 12th   1   0.00        
2.   Total wages and tips, plus other compensation   2   899252.02
3.   Total income tax withheld from wages, tips, and sick pay   3   195913.95
4.   Adjustment of withheld income tax for preceding quarters of calendar year   4   0.00
5.   Adjusted total of income tax withheld (line 3 as adjusted by line 4—see instructions)   5   195913.95
6.   Taxable social security wages   6a   $412426.90 × 12.4% (.124)=   6b   51140.94
    Taxable social security tips   6c   $0.00 × 12.4% (.124)=   6d   0.00
7.   Taxable Medicare wages and tips   7a   $899252.02 × 2.9% (.029)=   7b   26078.31
8.   Total social security and Medicare taxes (add lines 6a, 6b, and 7b). Check here if wages are not subject to social security and/or Medicare tax   8   77219.25
9.   Adjustment of social security and Medicare taxes (see instructions for required explanation)        
    Sick Pay              +/- Fractions of Cents              -0.01 Other           9   -0.01
10.   Adjusted total of social security and Medicare taxes (line 8 as adjusted by line 9—see instructions)   10   77219.24
11.   Total taxes (add lines 5 and 10)   11   273133.19
12.   Advance earned income credit (EIC) payments made to employees.   12   0.00
13.   Net taxes (subtract line 12 from line 11). If $1,000 or more, this should equal line 17, column (d) below (or line D of Schedule B (Form 941)   13   273133.19
14.   Total deposits for quarter, including overpayment applied from a prior quarter   14   273133.19
15.   Balance due (subtract line 14 from line 13). See instructions   15   0.00
16.   Overpayment, if line 14 is more than line 13, enter excess here   0.00        
    and check if to be:    Applied to next return    OR    Refunded.        
    • All filers: If line 13 is less than $1,000, you need not complete line 17 or Schedule B.        
    • Semiweekly depositors: Complete Schedule B (Form 941) and check here       X
    • Monthly depositors: Complete line 17, columns (a) through (d) and check here        
17.   Monthly Summary of Federal Tax Liability        
(a) First month liability   (b) Second month liability   (c) Third month liability   (d) Total liability for quarter

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete.

Sign Here
Signature
  /s/ E Sloustcher   Print Your Name & Title   Eilan Sloustcher
ATTORNEY-IN-FACT
  Date   07/31/01


For Paperwork Reduction Act Notice, see page 1 of separate instructions.

 

Form
941 (Rev. 10-2000)

Source Code = PNA

 

 

 

 

 

 

 

 

PowerTax Facsimile Tax Return Form: FED_941_98

 

08/05/2001 11:59:48 AM

Employer's Record of Federal Tax Liability

SCHEDULE B
(FORM 941)
(Rev January 1996)
Department of Treasury    5151
Internal Rev Service
  See Circular E for more information about employment tax returns.
Attach to Form 941 or Form 941-SS.
  OMB No. 1545-0029
Name as shown on Form 941 (Form 941-SS)   Employer identification number   Date quarter ended
E TOYS INC   95-4633006   06/30/2001

You must complete this schedule if you are required to deposit on a semiweekly basis, or if your tax liability on any day is $100,000 or more. Show tax liability here, not deposits. (The IRS gets deposit data from FTD coupons.)

A. Daily Tax Liability—First Month of Quarter

1

 

 

 

8

 

 

 

15

 

 

 

22

 

 

 

29

 

 

2

 

 

 

9

 

 

 

16

 

 

 

23

 

 

 

30

 

 

3

 

 

 

10

 

 

 

17

 

 

 

24

 

 

 

31

 

 

4

 

 

 

11

 

 

 

18

 

 

 

25

 

 

 

 

 

 

5

 

 

 

12

 

 

 

19

 

 

 

26

 

 

 

 

 

 

6

 

 

 

13

 

39049.91

 

20

 

3540.10

 

27

 

73499.02

 

 

 

 

7

 

 

 

14

 

 

 

21

 

 

 

28

 

 

 

 

 

 

A Total tax liability for first month of quarter

 

A

 

116089.03

B. Daily Tax Liability—Second Month of Quarter

1

 

 

 

8

 

 

 

15

 

 

 

22

 

 

 

29

 

 

2

 

 

 

9

 

 

 

16

 

 

 

23

 

 

 

30

 

 

3

 

 

 

10

 

 

 

17

 

 

 

24

 

 

 

31

 

 

4

 

27168.92

 

11

 

23200.79

 

18

 

24907.79

 

25

 

55397.78

 

 

 

 

5

 

 

 

12

 

 

 

19

 

 

 

26

 

 

 

 

 

 

6

 

 

 

13

 

 

 

20

 

 

 

27

 

 

 

 

 

 

7

 

 

 

14

 

 

 

21

 

 

 

28

 

 

 

 

 

 

B Total tax liability for second month of quarter

 

B

 

130675.28

C. Daily Tax Liability—Third Month of Quarter

1

 

9496.73

 

8

 

5573.28

 

15

 

3961.02

 

22

 

4405.10

 

29

 

2932.75

2

 

 

 

9

 

 

 

16

 

 

 

23

 

 

 

30

 

 

3

 

 

 

10

 

 

 

17

 

 

 

24

 

 

 

31

 

 

4

 

 

 

11

 

 

 

18

 

 

 

25

 

 

 

 

 

 

5

 

 

 

12

 

 

 

19

 

 

 

26

 

 

 

 

 

 

6

 

 

 

13

 

 

 

20

 

 

 

27

 

 

 

 

 

 

7

 

 

 

14

 

 

 

21

 

 

 

28

 

 

 

 

 

 

C Total tax liability for third month of quarter

 

C

 

26368.88

D Total for quarter (add lines A, B, and C). This should equal line 13 of Form 941

 

D

 

273133.19

For Paperwork Reduction Act Notice, see instructions.

 

Schedule B (Form 941) (Rev. 1-96)

Source Code = PNA

 

 

 

 

 

 

Power Tax Facsimile Tax Return Form: FED_B941

 

08/05/2001 11:59:48 AM

In re: eToys, Inc.

Case No. 01-00706 (MFW)
Reporting Period 08/01/01-08/31/01

MOR-5
ACCOUNTS RECEIVABLE RECONCILIATION AND AGING

Accounts Receivable Reconciliation

  Amount
Total Accounts Receivable at the beginning of the reporting period   $ 607,963.52
   
(+) Amounts billed during the period      
   
(-) Amounts collected during the period      
   
(-) Other adjustments      
   
Total Accounts Receivable at the end of the reporting period   $ 607,963.52
   
Accounts Receivable Aging

   
0-30 days old   $  
   
31-60 days old      
   
61-90 days old      
   
91 + days old     607,963.52
   
Total Accounts Receivable   $ 607,963.52
   
Amount considered uncollectible (Bad Debt)      
   
Accounts Receivable (Net)   $ 607,963.52
   

DEBTOR QUESTIONNAIRE

Must be completed each month

  Yes
  No
   
1. Have any assets been sold or transferred outside the normal course of business this reporting period? If yes, Provide an explanation below.   X        
   
 
   
2. Have any funds been disbursed from any account other than a debtor in possession account this reporting period? If yes, provide an explanation below.       X    
   
 
   
3. Have all postpetition tax returns been timely filed? If no, provide an explanation below.   X        
   
 
   
4. Are workers compensation, general liability and other necessary insurance coverages in effect? If no, provide an explanation below.   X        
   
 
   

Assets/inventory and/or scrap was sold outside the normal course of business as a result of the company operating in a

liquidation process.







In re: eToys, Inc.

Case No. 01-00706 (MFW)

eToys, Inc.
Accounts Payable Aging Report
As of August 31, 2001

 
  Current
  1—30
  31—60
  61—90
  > 90
  TOTAL
AMERICAN STOCK EXCHANGE   0.00   0.00   0.00   0.00   24.38   24.38
ARCUS DATA SECURITY   0.00   0.00   0.00   0.00   313.35   313.35
AVAYA   0.00   0.00   0.00   0.00   10,975.41 (1) 10,975.41
BANC ONE LEASING CORPORATION   0.00   0.00   0.00   0.00   52,099.87 (1) 52,099.87
BLOOMBERG LP   0.00   0.00   0.00   0.00   6,662.70   6,662.70
CHASE MELLON SHAREHOLDER SERVICES   0.00   0.00   0.00   0.00   3,348.02   3,348.02
COMDISCO INC.   0.00   0.00   0.00   0.00   146,955.01 (1) 146,955.01
DE LAGE LANDEN   0.00   0.00   0.00   0.00   28,488.04 (1) 28,488.04
EXODUS   0.00   0.00   0.00   0.00   982.26 (1) 982.26
GLOBAL CENTER   0.00   0.00   0.00   0.00   68,598.74 (1) 68,598.74
GOLD, BARRY   783.72   0.00   0.00   0.00   0.00   783.72
HARTFORD LIFE INSURANCE COMPANIES   156.04   0.00   0.00   0.00   0.00   156.04
IBM CORPORATION   0.00   0.00   0.00   0.00   22,613.80 (1) 22,613.80
KILROY REALTY, L.P.   4,100.00   0.00   2,931.81   0.00   0.00   7,031.81
LEXIS NEXIS   0.00   0.00   0.00   0.00   478.62   478.62
MARSH RISK & INSURANCE SVCS   0.00   0.00   0.00   -458.00   0.00   -458.00
MERRILL COMMUNICATIONS LLC   0.00   2,004.37   0.00   0.00   0.00   2,004.37
PACIFIC BELL (SAC)   0.00   0.00   0.00   0.00   187.64   187.64
PBCC   0.00   0.00   0.00   0.00   994.68   994.68
RECALL-INFORMATION MNT   589.25   0.00   0.00   0.00   0.00   589.25
SOUTH BAY SECURITY   0.00   0.00   0.00   0.00   450.00   450.00
SPIEKER PROPERTIES   0.00   0.00   0.00   86.69   0.00   86.69
SPRINT (ATLANTA)   0.00   0.00   12,638.85   0.00   8.08   12,646.93
SPRINT (PO BOX 79255)   0.00   0.00   8,787.40   0.00   0.00   8,787.40
STATE COMPENSATION INSURANCE FUND   0.00   1,231.00   0.00   0.00   0.00   1,231.00
VERIZON WIRELESS-LA   0.00   0.00   0.00   0.00   18,350.03 (2) 18,350.03
XEROX CORPORATION   0.00   0.00   0.00   0.00   90.00   90.00
   
 
 
 
 
 
  TOTAL   5,629.01   3,235.37   24,358.06   -371.31   361,620.63   394,471.76
   
 
 
 
 
 

Notes:

(1)
Lease
(2)
Disputed

    Of the $361,620.63 in the 90 day column, $330,713.13 represents post-petition lease payments which are the subject of on-going negotiations and motions for allowance of an administrative claim. Another $18,350.13 is disputed. The company is working with Verizon to resolve this dispute.


UNITED STATES BANKRUPTCY COURT
DISTRICT OF DELAWARE
OFFICE OF THE US TRUSTEE—REGION 3

 
   
In re: eToys Distribution LLC   Case No. 01-00707 (MFW)
Reporting Period: 08/01/01-08/31/01

MONTHLY OPERATING REPORT

File with Court and submit copy to United States Trustee within 20 days after end of month

    Submit copy of report to any official committee appointed in the case

Required Documents
  Form No.
  Document Attached
  Explanation Attached
Schedule of Cash Receipts and Disbursements   MOR-1   X    
  Bank Reconciliation (or copies of debtor's bank reconciliations)   MOR-1 (CON'T)   X    
  Copies of bank statements       X    
  Cash disbursements journals       X    
Statement of Operations   MOR-2   X    
Balance Sheet   MOR-3   X    
Status of Postpetition Taxes   MOR-4   X    
  Copies of IRS Form 6123 or payment receipt           X
  Copies of tax returns filed during reporting period       X    
Summary of Unpaid Postpetition Debts   MOR-4   X    
  Listing of aged accounts payable       X    
Accounts Receivable Reconciliation and Aging   MOR-5   X    
Debtor Questionnaire   MOR-5   X    

    I declare under penalty of perjury (28 U.S.C. Section 1746) that this report and the attached documents are true and correct to the best of my knowledge and belief.



Signature of Debtor

 


Date


Signature of Joint Debtor

 


Date

/s/ 
BARRY GOLD   
Signature of Authorized Individual

 

9/20/01

Date

BARRY GOLD

Printed Name of Authorized Individual

 

CEO

Title of Authorized Individual

    *Authorized individual must be an officer, director or shareholder if debtor is a corporation; a partner if debtor is a partnership; a manager or member if debtor is a limited liability company.


 
   
In re: eToys Distribution LLC   Case No. 01-00707 (MFW)

    Attachment to Monthly Operating Report (MOR cover page):

    All payroll taxes are impounded by the independent payroll service therefore payment receipt is not applicable.

    There was no tax return filed during the period. Tax return filing extension requests were filed for all necessary Federal and State tax returns for the fiscal year ended March 31, 2001. Payroll and sales tax returns are prepared on a quarterly basis and submitted to respective government agency within thirty days after the end of each quarter.


In re: eToys Distribution LLC   Case No. 01-00707 (MFW)
Debtor   Reporting Period 08/01/01-08/31/01

MOR-1
SCHEDULE OF CASH RECEIPTS AND DISBURSEMENTS

Amounts reported should be per the debtor's books, not the bank statement. The beginning cash should be the ending cash from the prior month or, if this is the first report, the amount should be the balance on the date the petition was filed. The amounts reported in the "CURRENT MONTH-ACTUAL" column must equal the sum of the four bank account columns. The amounts reported in the "PROJECTED" columns should be taken from the SMALL BUSINESS INITIAL REPORT (FORM-IR-1). Attach copies of the bank statements and the cash disbursements journal. The total disbursements listed in the disbursements journal must equal the total disbursements reported on this page. A bank reconciliation must be attached for the cash account.

 
  UBOC
Pre-petition

  BofA
Acct No.
1459-2-08325

  Union Bank
Acct No.
2180039778

   
  Total
 
CASH BEGINNING OF MONTH   0.00   0.00   76,447.51       76,447.51  

CASH SALES

 

 

 

 

 

 

 

 

 

0.00

 
ACCOUNTS RECEIVABLE                   0.00  
LOANS AND ADVANCES                   0.00  
SALE OF ASSETS                   0.00  
DUE FROM LLC                   0.00  
OTHER (attach list)                   0.00  
TRANSFERS—SWEEP ACCOUNT                   0.00  
TRANSFERS FROM eTOYS INC CD                   0.00  
TRANSFERS FROM PRE-PETITION                   0.00  
TRANSFERS FROM eTOYS INC DIP           100,000.00       100,000.00  
INTEREST                   0.00  
TOTAL RECEIPTS   0.00   0.00   100,000.00       100,000.00  

DISBURSEMENTS

 

 

 

 

 

 

 

 

 

 

 
NET PAYROLL                   0.00  
PAYROLL TAXES                   0.00  
SALES,USE,& OTHER TAXES                   0.00  
INVENTORY PURCHASES                   0.00  
SECURED/RENT/LEASES           (46,800.00 )     (46,800.00 )
INSURANCE                   0.00  
ADMINISTRATIVE           (32,037.47 )     (32,037.47 )
SELLING                   0.00  
OTHER (attach list)                   0.00  
PRE-PETITION EXPENSES *                   0.00  
OWNER DRAW                   0.00  
TRANSFERS                   0.00  
  Transfer to eToys Inc. DIP                   0.00  
  Transfer to PR                   0.00  
  Transfer to CD                   0.00  
  Due to LLC                   0.00  
  Transfer to Pre-petition                   0.00  
PROFESSIONAL FEES           (10,000.00 )     (10,000.00 )
U.S. TRUSTEE QUARTERLY FEES                   0.00  
COURT COSTS                   0.00  
TOTAL DISBURSEMENTS   0.00   0.00   (88,837.47 )     (88,837.47 )
NET CASH FLOW   0.00   0.00   11,162.53       11,162.53  
CASH END OF MONTH   0.00   0.00   87,610.04       87,610.04  

*PAYMENTS MADE TO CRITICAL VENDORS AND EMPLOYEE REIMBURSEMENTS PURSUANT TO FIRST DAY ORDER

THE FOLLOWING SECTION MUST BE COMPLETED

TOTAL DISBURSEMENTS     88,837.47
LESS: TRANSFERS TO DEBTOR IN POSSESSION ACCOUNTS     0.00
PLUS: ESTATE DISBURSEMENTS MADE BY OUTSIDE SOURCES   $  
TOTAL DISBURSEMENTS FOR CALCULATING U.S. TRUSTEE QUARTERLY FEES     88,837.47

Note: All payroll disbursements of eToys Distribution LLC were paid by eToys, Inc. and included in Etoys Inc. MOR-1.


In re: eToys Distribution LLC   Case No. 01-00707 (MFW)
Debtor   Reporting Period 08/01/01-08/31/01

BANK RECONCILIATIONS
Continuation Sheet for MOR-1

A bank reconciliation must be included for each bank account. The debtor's bank reconciliation may be substituted for this page

 
  Union Bank of Cal.
2180039778

  Bank of America
1459-2-08325

BALANCE PER BOOKS   $ 87,610.04   $
BANK BALANCE   $ 109,410.04   $
(+) DEPOSITS IN TRANSIT (attach list)         0.00
(-) OUTSTANDING CHECKS (attach list)     (21,800.00 )   0.00
OTHER (attach list)            
ADJUSTED BANK BALANCE   $ 87,610.04   $

*
Adjusted bank balance must equal balance per books

DEPOSITS IN TRANSIT

  Date
  Amount
  Date
  Amount
  Date
  Amount
  Date
  Amount
    None   None                
                                 
                                 
                                 
                                 
                                 
                                 
CHECKS OUTSTANDING

  Ck#
  Amount
  Ck#
  Amount
  Ck#
  Amount
  Ck#
  Amount
    30191     21,800.00   None                
                                   
                                   
                                   
                                   
                                   
                                   
                                   
                                   
                                   
                                   
                                   
                                   
Total Outstanding Checks       $ 21,800.00                        
OTHER                              

   

   

   

 
   
In re: eToys Distribution LLC   Case No. 01-00707 (MFW)

CASH DISBURSEMENTS
August 2001

Date

  Check
Number

  Name

  Amount
8/7/01   30183   VERIZON CALIFORNIA     469.67
8/10/01   30184   SHAPIRO LIVING TRUST     25,000.00
8/10/01   30185   AT&T     15.07
8/10/01   30186   NATIONWIDE GUARD SERVICES     2,352.00
8/10/01   30187   VERIZON—PO BOX 17398     1,481.62
8/10/01   30188   VERIZON—PO BOX 17577     389.97
8/10/01   30189   DOMINION VIRGINIA POWER     61.07
8/14/01   30190   DEBBIE'S STAFFING     3,635.67
8/16/01   30191   SKECHERS     21,800.00
8/16/01   30192   LAVA ENTERPRISES, INC.     922.50
8/16/01   30193   STITES, DEBRA     26.26
8/17/01   30194   DEBBIE'S STAFFING     2,704.32
8/20/01   30195   VOLT     8,000.00
8/20/01   30196   DEBBIE'S STAFFING     2,704.32
8/27/01   30197   ALL-WAYS TRUCKING COMPANY     9,275.00
8/27/01   30198   COLLATERAL LOGISTICS, INC     10,000.00
           
        TOTAL DISBURSEMENTS   $ 88,837.47
           

 
   
In re: eToys Distribution LLC   Case No. 01-00707 (MFW)

STATEMENT OF OPERATIONS (MOR-2)

March 7 through August 31, 2001 and One Month Ended August 31, 2001

UNAUDITED

 
  Mar 7-Aug 31, '01
  Aug '01
Ordinary Income/Expense        
    Income        
      Liquidation Proceeds        
        Loss on Disposal of Assets   -38,308,708.11    
        Other Income   838.20    
        Refunds Received   830.32   -328.76
        Liquidation Proceeds—Other   2,635,144.32   500,000.00
   
 
      Total Liquidation Proceeds   -35,671,895.27   499,671.24
   
 
    Total Income   -35,671,895.27   499,671.24
    Cost of Goods Sold        
      Cost of Goods Sold   2,044,470.55   0.00
   
 
    Total COGS   2,044,470.55   0.00
   
 
  Gross Profit   -37,716,365.82   499,671.24
    Expense        
      Automobile Expense   715.53    
      Dues and Subscriptions   22.56    
      Employee Benefits   0.00    
      Equipment Leases   347,146.88    
      Equipment Rental   8,580.20    
      Freight   274,576.82    
      Miscellaneous   1,199.24   50.00
      Outside Services   2,860.25   519.10
      Payroll taxes   102,786.06   2,509.51
      Postage and Delivery   11,416.81   11,236.71
      Rent   2,147,306.50   145,000.00
      Repairs        
        Computer Repairs   14,599.28   14,599.28
        Equipment Repairs   3,855.91   0.00
   
 
      Total Repairs   18,455.19   14,599.28
      Salaries & Wages        
        Vacation Expense   31,316.57    
        Salaries & Wages—Other   1,262,955.01   51,506.76
   
 
      Total Salaries & Wages   1,294,271.58   51,506.76
      Security   128,149.24   8,442.10
      Supplies        
        Office   162.40    
        Supplies—Other   33,382.38   31,032.90
   
 
      Total Supplies   33,544.78   31,032.90
      Taxes   19,079.00   0.00
      Telephone        
        Communications Expense   2,718.45    
        Telephone—Other   52,717.29   -169.21
   
 
      Total Telephone   55,435.74   -169.21
      Temporary Help   88,202.26   14,452.95
      Travel & Ent        
    See accompanying Note To Financial Statements   Page 1 of 2

 
   
In re: eToys Distribution LLC   Case No. 01-00707 (MFW)

STATEMENT OF OPERATIONS (MOR-2)

March 7 through August 31, 2001 and One Month Ended August 31, 2001

UNAUDITED

 
  Mar 7-Aug 31, '01
  Aug '01
          Travel   2,178.82    
          Travel & Ent—Other   562.34    
   
 
      Total Travel & Ent   2,741.16   0.00
      Utilities        
          Gas and Electric   208,797.65   34,820.99
          Water   2,027.82   -413.72
          Utilities—Other   24,464.40   0.00
   
 
      Total Utilities   235,289.87   34,407.27
   
 
  Total Expense   4,771,779.67   313,587.37
   
 
  Net Ordinary Income   -42,488,145.49   186,083.87
  Other Income/Expense        
    Other Income        
      Interest Income   5,734.49   1,554.86
      Other Income   734.65   0.00
   
 
    Total Other Income   6,469.14   1,554.86
    Other Expense        
      Reorganization Expenses        
        Other Reorganization Expenses        
          CLI Liquidation Expenses   77,589.50   77,589.50
          Pre-Petition Payments        
            Employee Reimbursements   7,780.08   0.00
            Exp Charged—Sec Dep   1,052,398.00   23,308.00
            Other Critical Vendors   27,523.51   0.00
   
 
          Total Pre-Petition Payments   1,087,701.59   23,308.00
          Provision for Restructuring Chg   54,251,000.00    
   
 
        Total Other Reorganization Expenses   55,416,291.09   100,897.50
        U.S. Trustees Fees   8,750.00   0.00
        Reorganization Expenses—Other   76,961.27   0.00
   
 
      Total Reorganization Expenses   55,502,002.36   100,897.50
   
 
    Total Other Expense   55,502,002.36   100,897.50
   
 
  Net Other Income   -55,495,533.22   -99,342.64
   
 
Net Loss   -97,983,678.71   86,741.23
   
 
    See accompanying Note To Financial Statements   Page 2 of 2

 
   
In re: eToys Distribution LLC   Case No. 01-00707 (MFW)

Balance Sheet (MOR-3)
As of August 31, 2001
UNAUDITED

 
  Aug 31, '01
ASSETS    
  Current Assets    
      Checking/Savings    
        102000—UBOC DIP ACCOUNT   87,610.04
   
      Total Checking/Savings   87,610.04
      Other Current Assets    
        Inventory    
          131000—Inventory   1,628,239.72
   
        Total Inventory   1,628,239.72
        Other Liquidated Debts    
          122500—Employee Receivables   10,919.59
          129000—A/R Other   4,635.04
          155000—A/P Debit Balances   525,447.59
   
        Total Other Liquidated Debts   541,002.22
   
      Total Other Current Assets   2,169,241.94
   
  Total Current Assets   2,256,851.98
  Fixed Assets    
      Machinery & Equipment    
        201000—Leasehold Improvements   30,698,429.04
        201500—Heavy Equipment   2,511,662.88
        204000— Heavy Equip Cap Lse   10,069,284.07
        211000—A/D Leasehold Impr   -860,480.96
        211500—A/D Heavy Equipment   -80,326.78
        214000—A/D Heavy Eq Cap Lse   -326,090.20
   
      Total Machinery & Equipment   42,012,478.05
      Office Equipment & Furnishings    
        202000—Office Equipment   2,220,343.57
        202500—Furniture & Fixtures   1,776,903.22
        203000—Computer Hardware   1,813,253.39
        204500—Off Equip Cap Lse   3,169,392.68
        205000—Furn & Fix Cap Lse   1,669,178.61
        205500—Comp Hardware Cap Lse   3,537,520.06
        212000—A/D Office Equipment   -556,698.19
        212500—A/D Furn & Fixtures   -138,786.70
        213000—A/D Computer Hardware   -435,952.39
        214500—A/D off Equip Cap Lse   -263,968.32
        215000—A/D Furn & Fix Cap Lse   -122,973.58
        215500—Comp Hdwre Cap Lse   -781,790.45
   
      Total Office Equipment & Furnishings   11,886,421.90
      Vehicles    
        201800—Vehicle Equipment   63,697.11
        206500—Vehicle—Cap Lease   866,408.64
        211800—A/D Vehicle Equipment   -961.26
        216500—A/D Vehicle Cap Lease   -53,721.25
   
      Total Vehicles   875,423.24
   
  Total Fixed Assets   54,774,323.19
  Other Assets    
      Intangible Assets    
        244000—Lease/Loan Orig Fee   241,894.63
        244500—Accum Amort Loan Fees   -46,627.37
   
      Total Intangible Assets   195,267.26
      Reserve for Restructuring   -54,251,000.00
      Security Deposits    
    See accompanying Note to Financial Statements   Page 1 of 2

 
   
In re: eToys Distribution LLC   Case No. 01-00707 (MFW)

Balance Sheet (MOR-3)
As of August 31, 2001
UNAUDITED

 
  Aug 31, '01
        241000—Other Security Deposit   973,360.57
   
      Total Security Deposits   973,360.57
   
    Total Other Assets   -53,082,372.17
   
TOTAL ASSETS   3,948,803.00
   
LIABILITIES & EQUITY    
  Liabilities    
      Current Liabilities    
        Accounts Payable    
          Accounts Payable   427,934.42
   
        Total Accounts Payable   427,934.42
        Other Current Liabilities    
          Post-Petition Liabilities    
              ESPP Liab   -301.32
              I/C Due to eToys, Inc.   -11,845,798.13
              Other Payroll Withholdings   137.31
              Vacation Accrual   31,316.57
   
            Total Post-Petition Liabilities   -11,814,645.57
   
          Total Other Current Liabilities   -11,814,645.57
   
        Total Current Liabilities   -11,386,711.15
        Long Term Liabilities    
          Liabs Subject to Compromise    
            Priority Claims    
              311000—Sales and Use Taxes   2,503,620.11
              332000P—Emp Claims Priority   162,969.44
   
            Total Priority Claims   2,666,589.55
            Secured Claims    
              351000—Capital Lease Oblgtns   11,431,105.14
              352000—L-T Notes Payable   11,939,562.59
   
            Total Secured Claims   23,370,667.73
            Unsecured Claims    
              301000—Accounts Payable   48,138,156.67
              303500—Equipment Lease   27,443.24
              332000U—Emp. Claims Unsecured   315,417.43
              I/C—Due to eToys, Inc.   65,413,313.98
   
            Total Unsecured Claims   113,894,331.32
   
          Total Liabs Subject to Compromise   139,931,588.60
   
        Total Long Term Liabilities   139,931,588.60
   
    Total Liabilities   128,544,877.45
   
    Total Equity   -124,596,074.45
   
TOTAL LIABILITIES & EQUITY   3,948,803.00
   
    See accompanying notes to Financial Statements   Page 2 of 2

 
   
In re: eToys Distribution LLC   Case No. 01-00707 (MFW)
Debtor   Reporting Period: 8/1/01-8/31/01

Notes to Unaudited Financial Statements (MOR-2, 3)
As of August 31, 2001
UNAUDITED

NOTE 1—Basis of Presentation

Assets are carried at cost. Amounts anticipated to be realized from the liquidation of the Company's assets are expected to be significantly less than book value. The Company has not been able to definitively determine the amount expected to be realized from the sale of its assets. No adjustment has been made to the cost basis of assets to reflect the lower value.

NOTE 2—Provision For Restructuring and Asset Impairment

Due to the Company's filing for Chapter 11 protection and the determination that there were no ready buyers for the Company, the Company's assets are being sold and the Company will be liquidated. Cash expected to be realized from the liquidation of the Company's assets is expected to be considerably less than cost basis. Accordingly, management has prepared an estimate of net realizable values and charged a provision to statement of operations and established a reserve on the Company's balance sheet. There can be no assurance that this reserve is adequate to cover the losses actually realized upon asset sales.


 
   
In re: eToys Distribution LLC   Case No. 01-00707 (MFW)
Debtor   Reporting Period: 08/01/01-08/31/01


MOR-4
STATUS OF POSTPETITION TAXES

The beginning tax liability should be the ending liability from the prior month or, if this is the first report, the amount should be zero. Attach photocopies of IRS Form 6123 or payment receipt to verify payment or deposit of federal payroll taxes. Attach photocopies of any tax returns filed during the reporting period.

 
  Beginning
tax
Liability

  Amount
withheld or
Actual

  Amount
Paid

  Date
paid

  Check No.
  Ending
Tax
Liability

FEDERAL                        
Withholding   0.00   10,654.94   10,654.94    8/3,8/10,8/17,8/24,8/31   Note 1   0.00
FICA-Employee   0.00   2,509.51   2,509.51    8/3,8/10,8/17,8/24,8/31   Note 1   0.00
FICA-Employer   0.00   2,509.51   2,509.51    8/3,8/10,8/17,8/24,8/31   Note 1   0.00
Tax Rate Adjustment   0.00   0.00   0.00           0.00
Unemployment   0.00   0.00   0.00           0.00
Income   0.00   0.00               0.00
Other:   0.00   0.00               0.00
  Total Federal Taxes   0.00   15,673.96   15,673.96           0.00
STATE AND LOCAL                        
Withholding   0.00   3,065.78   3,065.78    8/3,8/10,8/17,8/24,8/31   Note 1   0.00
Sales   0.00   0.00   0.00           0.00
Excise   0.00   0.00   0.00           0.00
Unemployment   0.00   0.00   0.00           0.00
Real Property   0.00   0.00   0.00           0.00
Personal Property   0.00   0.00   0.00           0.00
Other:   0.00   0.00   0.00           0.00
  Total State and Local   0.00   3,065.78   3,065.78           0.00
Total taxes   0.00   18,739.74   18,739.74           0.00

    Note 1—All payroll taxes are impounded by the independent payroll service on or about the date of each payroll and remitted to the appropriate agencies


SUMMARY OF UNPAID POSTPETITION DEBTS

    Attach aged listing of accounts payable.

 
  Number of Days Past Due
 
 
  Current
  1-30
  31-60
  61-90
  > 90
  Total
 
Accounts payable   150,767.81   49,730.54   814.14   566.16   226,055.77   427,934.42  
Wages payable                          
Taxes Payable                          
Rent/Lease-Equipment                          
Secured Debt/Adequate Protection Payments                          
Professional Fees                          
Amounts Due to Insiders*                          
Other: Vacation Accrual                       31,316.57  
Other: Post Petition Liabilities                       (164.01 )
Total Postpetition Debts                       459,086.98  

    Explain how and when the Debtor intends to pay any past-due postpetition debts.

    Debtor has adequate funds to pay post-petition obligations. However, payments to some vendors have been delayed pending resolution of disputed balance and adjudication of motions for allowance of administrative claims.

    "Insider" is defined in 11 U.S.C. Section 101 (31).


Virginia Employment Commission
Employer's Quarterly Tax Report
06302001JU      32001000616400502500000000000

   

   
00200616400522001    

ETOYS DISTRIBUTION LLC
12200 W. Olympic Blvd

Los Angeles CA 90064

TAX REPORT FOR QUARTER ENDING   JUN 30, 2001   TO AVOID PENALTY FILE REPORT BY   JUL 31, 2001
INDUSTRY
  AREA
  ACCOUNT NO.
  VEC USE ONLY
  FEDERAL ID
  TAX RATE
        000616400  5   YES   541959013   0.02500
 
   
   
  1ST MO.
  2ND MO.
  3RD MO.
A.   For each month, report the total number of covered employees (full and part-time) who worked during or received pay for any part of the payroll period which includes the 12th of the month. If none enter zero (0).   35   29   27

B.

 

1.

 

TOTAL WAGES paid this quarter. If no wages were paid during this quarter, write "none" on lines 1, 3, & 4 and return this form.

 

43120643

 

 

2.

 

WAGES paid during quarter to each employee in excess of $8,000 since January 1. See instructions.

 

35224093

 

 

3.

 

WAGES subject to tax. Line 1 minus line 2.

 

7896550

 

 

4.

 

TAX—Multiply total of line 3 by tax rate shown above.

 

197414

 

 

5.

 

TAX OVERPAYMENT—per Form VEC-AC-7-SUBTRACT. (SEE INSTRUCTIONS)

 

000

 

 

6.

 

INTEREST—COMPUTED ON TAX (Line 4)-at rate of 1.5% per month from due date.

 

000

 

 

7.

 

PENALTY—$30 for each report filed after due date. (SEE INSTRUCTIONS)

 

000

 

 

8.

 

Delinquency Due from prior quarters (if not recently paid). Interest included up to the due date of this report

 

000

 

 

9.

 

TOTAL AMOUNT DUE (Add lines 4, 5, 7 & 8. Subtract line 5). Mail your check, coupon, and this report to VEC, P.O. Box 27483, Richmond, VA 23261-7283.

 

197414

CERTIFICATION

I (or we) certify that the information contained in this report required by the Virginia Unemployment Compensation Act is true and correct and that no part of the tax reported was, or is to be, deducted from the worker's wages. In the event any unemployment tax or reimbursable payments are unpaid on the date they are due and payable, I (or we) am (or are) liable for any late penalty, interest, as well as all fees and civil action costs incurred in their collection, in addition to the unpaid taxes or reimbursable payments.


            /s/ 
E. SLOUSTCHER               
Signature

 

      ATTORNEY-IN-FACT      

Title

 

  07/08/01  

Date

925-737-3151
Employer's telephone number

 

            

Bookkeeper's telephone number


ORIGINAL—RETURN TO COMMISSION
INSTRUCTIONS ON REVERSE OF EMPLOYER'S COPY


 


EQUAL OPPORTUNITY EMPLOYER/PROGRAM AUXILIARY AIDS AND SERVICES ARE AVAILABLE UPON REQUEST TO INDIVIDUALS WITH DISABILITIES.


 


VEC-FC-20 (9/95)

PowerTax Facsimile Tax Return Form: VAYFC20CON

 

08/05/2001    12:00:45

FORM VA-16

EMPLOYER'S PAYMENTS QUARTERLY RECONCILIATION
AND RETURN OF VIRGINIA INCOME TAX WITHHELD

VIRGINIA DEPARTMENT OF TAXATION
P.O. BOX 27264, RICHMOND, VA 23261-7264

FOR INFORMATION CALL: 1(804)-367-8037

0018954389  3016609 001066

FOR PERIOD ENDING
  DUE DATE
  ACCOUNT NUMBER
  FEIN NUMBER
  FOR CHANGE OF ADDRESS OR OUT OF BUSINESS
USE FORM R-3, REGISTRATION CHANGE REQUEST
IMPORTANT: COMPLETE LINES 1-9 SEE INSTRUCTIONS


06/30/01

 

07/31/01

 

001895438 9

 

54-1959013

 

 

 

 

 

 
NAME AND ADDRESS                    

ETOYS DISTRIBUTION LLC
12200 W. Olympic Blvd.

Los Angeles            CA 90064

 

1

 

VA INCOME TAX WITHHELD

 

19068.54

 

 

 

 

 

 

 

 

2

 

PREVIOUS PERIOD(S) ADJUSTMENT (SEE INSTRUCTIONS)

 

 

 

 

 

 

 

 

 

 

3

 

ADJUSTED TOTAL

 

19068.54

 

 

 

 

 

 

 

 

4

 

PAYMENTS MADE DURING PERIOD OF THIS RETURN

 

19068.54

 

 

 

 

 

 

 

 

5

 

BALANCE TAX DUE THIS QUARTER

 

0.00

 

 

 

 

 

 

 

 

6

 

PENALTY (SEE INSTRUCTIONS)

 

 

 

 

 

 

 

 

 

 

7

 

INTEREST (SEE INSTRUCTIONS)

 

 

 

 

 

 

 

 

 

 

8

 

PAYMENT FOR PERIOD FOLLOWING THE PERIOD OF THIS RETURN

 

 

 

 

 

 

 

 

 

 

9

 

TOTAL AMOUNT DUE AND PAYABLE

 

0.00

SEND CHECK OR MONEY ORDER PAYABLE TO:
VIRGINIA DEPARTMENT OF TAXATION

    I declare that this return including any accompanying schedules and statement(s) has been examined by me and to the best of my knowledge and belief is a true, correct and complete return.


SIGNATURE         /s/ E Sloustcher

DATE   07/31/01

 

TELEPHONE NO.   925-737-3151

EDD Serving the People of California

Approved Extension To

QUARTERLY CONTRIBUTION RETURN
PLEASE TYPE THIS FORM - DO NOT ALTER PREPRINTED INFORMATION

You must FILE this return even though you had no payroll. If no payroll, show "0" in item B, check no payment enclosed box on envelope. Please sign the declaration on line K.    
                            YR
  QTR

QUARTER ENDED
 
06/30/2001
 

DUE
 
07/31/01
  DELINQUENT IF NOT POSTMARKED OR RECEIVED BY  
07/31/01
      2001   2

/ / CHECK THIS BLOCK if changes are reported on the Request For Change form—refer to third page.

 

Employer Account No.
                        454-5688-6
ETOYS DISTRIBUTION LLC
12200 W. Olympic Blvd
  DO NOT ALTER THIS AREA

Los Angeles, CA 90064

 

P1

 

P2

 

C

 

P

 

U

 

S

 

W

 

A

 

 

 

 

 

 

Mo.

 

Day

 

Yr.

 

 

 

WIC
    EFFECTIVE DATE  
=
 
=
 
=
           

            FEIN   54-1959013

A.   NUMBER OF EMPLOYEES earning wages during or receiving pay for the pay periods that include the 17th day of the calendar month (enter numerals only). Please complete all fields. Blank fields will be identified as missing data.   1st
Month
  21   2nd
Month
  17   3rd
Month
  14
B.   TOTAL SUBJECT WAGES PAID THIS QUARTER   (B)   330761.13

C.

 

UNEMPLOYMENT INSURANCE TAXABLE WAGES (UI)
(Individual Employee Wages to $7,000.00 per calendar year)

 

(C)

 

44236.84

D.

 

DISABILITY INSURANCE TAXABLE WAGES (D1)
(Individual Employee Wages to $46,327.00 per calendar year)

 

 

 

 

 

 

 

 

(D1 Voluntary Plan)

 

 

 

(D2 Starter Plan)

 

 

 

 

 

 

 

 

BREAKDOWN OF ITEM D

 

0.00

 

PLUS

 

227,035.14

 

=

 

(D3)

 

227035.14

E.

 

EMPLOYER'S UI CONTRIBUTIONS

 

3.400  

 

% Times C

 

 

 

(E)

 

1504.05

E1.

 

EMPLOYMENT TRAINING TAX

 

0.100  

 

% Times C

 

 

 

(E1)

 

44.24

F.

 

EMPLOYEE CONTRIBUTIONS (SDI)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(F1) SDI Employee Contribution

 

 

 

(F2) DI Previously Paid This Quarter

 

 

 

 

 

 

 

 

WITHHELD 0.900 % Times D2

 

2,043.32

 

LESS

 

2,042.99

 

=

 

(F3)

 

0.33

 

 

 

 

(G1) Total Employee PIT Withheld

 

 

 

(G2) PIT Previously Paid This Quarter

 

 

 

 

 

 

G.

 

CALIFORNIA PERSONAL INCOME TAX (PIT) WITHHELD

 

15,470.78

 

LESS

 

15,470.78

 

=

 

(G3)

 

0.00

H.

 

ADJUSTMENT TO PRIOR QUARTERS - A DE 938, Quarterly Report Adjustment Form must be attached

 

(H)

 

0.00

J.

 

SUBTOTAL (Add Items E, E1, F3, G3 and H)

 

(J)

 

1548.62

K.

 

D1 VOLUNTARY PLAN ASSESSMENT

 

0.000  

 

% Times D1

 

 

 

(K)

 

0.00

L.

 

TAXES DUE THIS QUARTER (Add Items J & K)

 

(L)

 

1548.62

 

 

Make check payable to EMPLOYMENT DEVELOPMENT DEPARTMENT
INCLUDE EMPLOYER ACCOUNT NUMBER ON CHECK

 

Bank No. __________________
DO NOT STAPLE CHECK TO RETURN

 

DEP USE

 

 

FOURTH QUARTER

M.

 

CALIFORNIA PERSONAL INCOME TAX (PIT) WITHHELD - PIT WITHHELD PER FORMS W-2 AND/OR 1099-R

 

 

 

0.00

HELP US IMPROVE THE QUALITY OF OUR EMPLOYMENT TAX SERVICES. PLEASE RATE OUR CURRENT SERVICES BY ENTERING THE APPROPRIATE NUMBER IN THE BOX:
4=EXCELLENT  3=GOOD  2=FAIR  1=POOR

 

4

BE SURE TO SIGN THIS DECLARATION: I DECLARE that the information herein is true and correct to the best of my knowledge and belief.


Signature

 

E Sloustcher

 

Title:

 

PROBUSINESS/ATTORNEY-IN-FACT
(Owner, Accountant, Preparer, etc.)

 

Phone

 

925-737-3151

 

Date

 

07/31/01

/x/ Check this block if individual employees wages are reported on magnetic media instead of on wage detail forms.

SEE INSTRUCTIONS THE BACK OF THIS FORM

DE 3D Rev. 9 (1-97) State of California/Employment Development Department/
P.O. Box 826847/Sacramento, CA 94247-0001

PowerTax Facsimile Tax Return Form: CA_DE3DV2   08/05/2001 12:00:00 PM

Employer's Quarterly Federal Tax Return
See separate instructions for information on completing this return.
Please type or print.

Form 941
(Rev. October 2000)
Department of Treasury
Internal Rev. Service
  4141




  OMB No. 1545-0029
T
FF
FD
FP
I
T

Enter state code for state in which deposits were made ONLY if different from state in address to the right (see page 2 of instructions).      CA

 


ETOYS DISTRIBUTION LLC
12200 W. Olympic Blvd
Los Angeles CA 90064

 

06/30/2001
54-1959013

If address is different from prior return, check here

IRS Use

1   1   1   1   1   1   1   1   1   1       2       3   3   3   3   3   3   3   3       4   4   4       5   5   5





6       7       8   8   8   8   8   8               9   9   9   9   9       10   10   10   10   10   10   10   10   10   10

If you do not have to file returns in the future, check here    and enter date final wages paid

If you are a seasonal employer, see Seasonal employers on page 1 of the instructions and check here

1.   Number of employees in the pay period that includes March 12th   1   0.00        
2.   Total wages and tips, plus other compensation   2   762046.60
3.   Total income tax withheld from wages, tips, and sick pay   3   122889.54
4.   Adjustments of withheld income tax for preceding quarters of calendar year   4   0.00
5.   Adjusted total of income tax withheld (line 3 as adjusted by line 4—see instructions)   5   122889.54
6.   Taxable social security wages   6a   $714150.84 × 12.4% (.124) =   6b   88554.70
    Taxable social security tips   6c   $0.00 × 12.4% (.124) =   6d   0.00
7.   Taxable Medicare wages and tips   7a   $762046.60 × 2.9% (.029) =   7b   22099.35
8.   Total social security and Medicare taxes (add lines 6a, 6b, and 7b). Check here if wages are not subject to social security and/or Medicare tax   5   110654.05
9.   Adjustments of social security and Medicare taxes (see instructions for required explanation)        
    Sick Pay +/- Fractions of Cents  0.47  Other   9   0.47
10.   Adjusted total of social security and Medicare taxes (line 8 as adjusted by line 9—see instructions)   10   110654.52
11.   Total taxes (add lines 5 and 10)   11   233544.06
12.   Advance earned income credit (EIC) payments made to employees,   12   0.00
13.   Not taxes (subtract line 12 from line 11). If $1,000 or more, this should equal line 17, column (d) below (or line D of Schedule B (Form 941)   13   233544.06
14.   Total deposits for quarter, including overpayment applied from a prior quarter   14   233544.06
15.   Balance due (subtract line 14 from line 13). See instructions   15   0.00
16.   Overpayment, if line 14 is more than line 13, enter excess here
and check if to be:    Applied to next return  OR  Refunded.
  0.00        
    • All filers: If line 13 is less than $1,000, you need not complete line 17 or Schedule B.        
    • Semiweekly depositors: Complete Schedule B (Form 941) and check here       X
    • Monthly depositors: Complete line 17, columns (a) through (d) and check here        
17.   Monthly Summary of Federal Tax Liability        
    (a) First month liability  (b) Second month liability  (c) Third month liability  (d) Total liability for quarter
(a) First month liability   (b) Second month liability   (c) Third month liability   (d) Total liability for quarter

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete.

Sign Here
Signature
  /s/ E Sloustcher   Print Your
Name & Title
  Eilan Sloustcher
ATTORNEY-IN-FACT
  Date   07/31/01


For Paperwork Reduction Act Notice, see page 1 of separate instructions.

 

Form
941 (Rev. 10-2000)

Source Code = PNA

PowerTax Facsimile Tax Return Form: FED_941_98   08/05/2001 11:59:49 AM

Employer's Record of Federal Tax Liability

SCHEDULE B
(FORM 941)
(Rev January 1996)
Department of Treasury
Internal Rev Service
  See Circular E for more information about employment tax returns.
Attach to Form 941 or Form 941-SS.

5151
  OMB No. 1545-0029
Name as shown on Form 941 (Form 941-SS)   Employer identification number   Date quarter ended
ETOYS DISTRIBUTION LLC   54-1959013   06/30/2001

You must complete this schedule if you are required to deposit on a semiweekly basis, or if your tax liability on any day is $100,000 or more. Show tax liability here, not deposits. (The IRS gets deposit data from FTD coupons.)

A. Daily Tax Liability—First Month of Quarter

1

 

 

 

8

 

 

 

15

 

 

 

22

 

 

 

29

 

 

2

 

6576.97

 

9

 

 

 

16

 

 

 

23

 

 

 

30

 

 

3

 

 

 

10

 

 

 

17

 

 

 

24

 

 

 

31

 

 

4

 

 

 

11

 

 

 

18

 

 

 

25

 

 

 

 

 

 

5

 

 

 

12

 

 

 

19

 

 

 

26

 

 

 

 

 

 

6

 

16393.01

 

13

 

30687.14

 

20

 

4763.40

 

27

 

31041.11

 

 

 

 

7

 

 

 

14

 

 

 

21

 

 

 

28

 

 

 

 

 

 

A Total tax liability for first month of quarter

 

A

 

89461.63

B. Daily Tax Liability—Second Month of Quarter

1

 

 

 

8

 

 

 

15

 

 

 

22

 

 

 

29

 

 

2

 

 

 

9

 

 

 

16

 

 

 

23

 

 

 

30

 

 

3

 

 

 

10

 

 

 

17

 

 

 

24

 

 

 

31

 

 

4

 

15740.21

 

11

 

16268.27

 

18

 

14801.92

 

25

 

13594.86

 

 

 

 

5

 

 

 

12

 

 

 

19

 

 

 

26

 

 

 

 

 

 

6

 

 

 

13

 

 

 

20

 

 

 

27

 

 

 

 

 

 

7

 

 

 

14

 

 

 

21

 

 

 

28

 

 

 

 

 

 

B Total tax liability for second month of quarter

 

B

 

60405.26

C. Daily Tax Liability—Third Month of Quarter

1

 

12621.37

 

8

 

12041.22

 

15

 

31269.01

 

22

 

15083.59

 

29

 

11678.75

2

 

 

 

9

 

 

 

16

 

 

 

23

 

 

 

30

 

983.23

3

 

 

 

10

 

 

 

17

 

 

 

24

 

 

 

31

 

 

4

 

 

 

11

 

 

 

18

 

 

 

25

 

 

 

 

 

 

5

 

 

 

12

 

 

 

19

 

 

 

26

 

 

 

 

 

 

6

 

 

 

13

 

 

 

20

 

 

 

27

 

 

 

 

 

 

7

 

 

 

14

 

 

 

21

 

 

 

28

 

 

 

 

 

 

C Total tax liability for third month of quarter

 

C

 

83677.17

D Total for quarter (add lines A, B, and C). This should equal line 13 of Form 941

 

D

 

233544.06

For Paperwork Reduction Act Notice, see instructions.

 

Schedule B (Form 941) (Rev. 1-96)

Source Code = PNA

PowerTax Facsimile Tax Return Form: FED_B941   08/05/2001 11:59:49 AM

BOE-401-A (FRONT)   P.O. BOX 3652       310-342-1000   STATE OF CALIFORNIA
REV. 88 (4-01)   CULVER CITY   CA 90231-3652       BOARD OF EQUALIZATION
STATE, LOCAL and DISTRICT SALES and USE TAX RETURN       BOARD USE ONLY
DUE ON OR BEFORE Jul 31, 2001 for Apr through Jun 2001   2201   RA-IT LOC REG
RA-BTR AACS REF
[FOID 6-204-618]   5       YOUR ACCOUNT NO.    
        SR   Y   AS   97-657200      6    
SC               EFF
                 
BOARD OF EQUALIZATION
P.O. BOX 942879
SACRAMENTO CA 94279-8044
  12200 W. OLYMPIC BLVD.
ETOYS DISTRIBUTION, LLC
12200 WEST OLYMPIC BLVD
LOS ANGELES CA 90064
  19000-997-0000
3
01/00
RT-AAC
SLA

READ SCHEDULE T - TAX ADJUSTMENT WORKSHEET and 01-2 RETURN INSTRUCTIONS BEFORE PREPARING THIS RETURN

  1.   TOTAL (GROSS) SALES           1.   $7,663,526.00   PLEASE ROUND CENTS TO THE NEAREST WHOLE DOLLAR
  2.   PURCHASE SUBJECT TO USE TAX           2.   0.00    
  3.   TOTAL (add lines 1 and 2)           3.   7,663,526.00    
  4.   SALES TO OTHER RETAILERS FOR PURPOSES OF RESALE   50   $7,663,526.00            
  5.   NONTAXABLE SALES OF FOOD PRODUCTS   51   .00          

  6.   NONTAXABLE LABOR (repair and installation)   52   .00          

  7.   SALES TO THE UNITED STATES GOVERNMENT   53   .00          

  8.   SALES IN INTERSTATE OR FOREIGN COMMERCE   54   .00          

  9.   SALES TAX (IF ANY) INCLUDED ON LINE 1   55   .00          

  10.   (a) BAD DEBT LOSSES ON TAXABLE SALES   56   .00          

      (b) COST OF TAX-PAID PURCHASES RESOLD PRIOR TO USE   57   .00          

      (c) RETURNED TAXABLE MERCHANDISE   58   .00          

      (d) CASH DISCOUNTS ON TAXABLE SALES   59   .00          

      (e) SECTIONS 6377 & 6378 - 4.75% STATE TAX EXEMPTIONS                  

      60(a) Amount subject to Manufacturer's Exemption
$
  60(b) Amount subject to Teleproduction Exemption
+ $
  60(c) Enter total of boxes 60(a) & 60(b)
= $
  (Multiply box 60(c) by .8261) Enter result in box 61   61   .00            
      (f) OTHER (clearly explain)   90   .00            
  11.   TOTAL NONTAXABLE TRANSACTIONS REPORTED ON LINES 4 THRU 10(f) (add lines 4 thru 10(f))           11.   7,663,526.00    
  12.   TRANSACTIONS SUBJECT TO STATE TAX (subtract line 11 from line 3)           12.   0.00    
      (a) Enter line 12, Column A amount, from Schedule T worksheet           12(a) $        
  13.   STATE TAX 5.75% (multiply line 12 by .0575 OR enter line 13(c) amount from Schedule T worksheet)           13.   0.00   <
  14.   (a) TRANSACTIONS SUBJECT TO COUNTY TAX (add amount in box 61 (above) to line 12) Enter total here           14(a).   0.00    
      (b) COUNTY TAX 1/4% (multiply line 14(a) by .0025)           14(b).   0.00   <
  15.   ADJUSTMENTS FOR LOCAL TAX (see line 15 instructions)           15.   0.00    
REC
NO.
16.   TRANSACTIONS SUBJECT TO LOCAL TAX (add or subtract line 15 to or from line 14(a))           16.   0.00    
  17.   LOCAL TAX 1% (multiply line 16 by .01)           17.   0.00   <
  18.   DISTRICT TAX (from Schedule A, line A11) YOU MUST COMPLETE SCHEDULE A ON REVERSE IF YOU ARE ENGAGED IN BUSINESS IN A TRANSACTIONS TAX DISTRICT           18.   0.00   <
  19.   TOTAL STATE, COUNTY, LOCAL AND DISTRICT TAX (add < lines 13, 14(b), 17 & 18)           19.   0.00    
  20.   DEDUCT sales or use tax imposed by other states and paid on the purchase price of tangible personal property. Purchase price must be included in line 2           20.   0.00    
  21.   NET TAX (subtract line 20 from line 19)           21.   0.00    
PM 22.   Less PREPAYMENTS 1ST PREPAYMENT 2ND PREPAYMENT   Total   22.   $0.00    
      $   $       Prepayment            
  23.   REMAINING TAX (subtract line 22 from line 21)           23.   0.00    
  24.   PENALTY of 10% (.10) is due if your tax payment is made, or your return is filed, after the due date shown above (see line 24 instructions)       PENALTY   24.   0.00    
  25.   INTEREST: one month's interest is due on tax for each month or fraction of a month that payment is delayed after the due date. The adjusted monthly interest rate is 1% (.01000)(12% divided by 12).       INTEREST   25.   0.00    
  26.   TOTAL AMOUNT DUE AND PAYABLE (add lines 23, 24 & 25)           26.   $0.00    

IF YOU PAID BY CREDIT CARD AS DESCRIBED ON PAGE 1 OF THE INSTRUCTIONS CHECK HERE [  ].


I hereby certify that this return, including any accompanying schedules and statements, has been examined by
me and to the best of my knowledge and belief is a true, correct and complete return.

YOUR SIGNATURE AND TITLE   TELEPHONE NUMBER   DATE
Barry Gold CEO       7/31/01
PAID PREPARER'S PAID PREPARER'S NAME
USE ONLY
  PAID PREPARER'S TELEPHONE NUMBER   SC

Make a copy for your records.


BOE-401-A (BACK) REV. 88 (4-01)

SCHEDULE A — COMPUTATION SCHEDULE FOR DISTRICT TAX

A1.   AMOUNT ON WHICH LOCAL TAX APPLIES
(Enter amount from line 18 on the front of the return)
  $     0.00   READ
INSTRUCTIONS BEFORE
PREPARING THIS
SCHEDULE
A2/A3.   DEDUCT Sales delivered to any location not in a district tax area      000   -      .00   Please round cents to the
nearest whole dollar
A4.   AMOUNT OF DISTRICT TRANSACTIONS (subtract line A2/A3 from line A1)
(Allocate this amount to the correct district tax areas in Column A5)
  $      .00    
DISTRICT TAX
AREAS

  A5.
ALLOCATE LINE A4 TO
CORRECT DISTRICT(S)

  A6/A7.
ADD (+)/DEDUCT (-)
ADJUSTMENTS

  A8.
TAXABLE AMOUNT
A5 plus/minus A6/A7
  A9.
TAX
RATE

  A10.
DISTRICT TAX DUE
Multiply A8 by A9

*ALAMEDA Co.   011   .00   .00   .00   .01   $  
*CONTRA COSTA Co.   025   .00   .00   .00   .01      
CITY OF PLACERVILLE
(El Dorado Co.)
  070   .00   .00   .00   .0025      
FRESNO Co.   072   .00   .00   .00   .00625      
074                              
CITY OF CLOVIS (Fresno Co.)
Public Safety Transactions & Use Tax
  073   .00   .00   .00   .003      
*IMPERIAL Co.
Local Transportation Authority
  029   .00   .00   .00   .005      
046                              
CITY OF CALEXICO
Heffernan Hospital District
  045   .00   .00   .00   .005      
INYO Co.   014   .00   .00   .00   .005      
CITY OF CLEARLAKE (Lake Co.)   058   .00   .00   .00   .005      
*LOS ANGELES Co.   036   .00   .00   .00   .01      
078                              
*CITY OF AVALON
Avalon Municipal Hospital and Clinic
  077   .00   .00   .00   .005      
MADERA Co.   034   .00   .00   .00   .005      
MARIPOSA CO.   076   .00   .00   .00   .005      
NAPA Co.   085   .00   .00   .00   .005      
*NEVADA Co.
Public Library Transactions & Use Tax
  067   .00   .00   .00   .00125      
069                              
*TOWN OF TRUCKEE
Road Maintenence Transactions & Use Tax
  068   .00   .00   .00   .005      
ORANGE Co.   037   .00   .00   .00   .005      
RIVERSIDE Co.   026   .00   .00   .00   .005      
SACRAMENTO Co.   023   .00   .00   .00   .005      
SAN BERNARDINO Co.   031   .00   .00   .00   .005      
SAN DIEGO Co.   013   .00   .00   .00   .005      
*SAN FRANCISCO Co.   052   .00   .00   .00   .0125      
SAN JOAQUIN Co.   038   .00   .00   .00   .005      
*SAN MATEO   019   .00   .00   .00   .01      
SANTA BARBARA Co.   030   .00   .00   .00   .005      
*SANTA CLARA Co.   064   .00   .00   .00   .01      
*SANTA CRUZ Co.   062   .00   .00   .00   .0075      
SOLANO Co.   066   .00   .00   .00   .00125      
SONOMA Co.   039   .00   .00   .00   .0025      
STANISLAUS Co.   059   .00   .00   .00   .00125      
CITY OF WOODLAND (Yolo Co.)   075   .00   .00   .00   .005      
A11.   TOTAL DISTRICT TAX. Add Column A10. (Enter here and on line 18 on front of return)   $ 0

*
This district area includes more than one transactions and use tax district. (See instructions for Schedule A)

BOE-531-T (FRONT) REV. 2 (4-01)

STATE OF CALIFORNIA
BOARD OF EQUALIZATION

SCHEDULE T—TAX ADJUSTMENT WORKSHEET
DUE ON OR BEFORE
Jul 31, 2001 for Apr through Jun 2001                                                 2201                            3
[FOID  6-204-618  ]5                        SR      Y      AS             YOUR ACCOUNT NO.

97-657200                                                   6                        SLA

ETOYS DISTRIBUTION, LLC

If you are required to complete Schedule T, attach it to your return.

PLEASE READ INSTRUCTIONS
BEFORE PREPARING THIS SCHEDULE

COLUMN A
TRANSACTIONS
PRIOR TO
1/1/01

COLUMN B
TRANSACTIONS
ON/OR AFTER
1/1/01

COLUMN C


TOTAL

   

   
 1. TOTAL (GROSS) SALES .00 7,663,526.00 7,663,526.00    

   
 2. PURCHASE SUBJECT TO USE TAX .00 0.00 0.00    

   
 3. TOTAL (add lines 1 and 2) .00 7,663,526.00 7,663,526.00    

   
 4. SALES TO OTHER RETAILERS FOR THE PURPOSE OF RESALE .00 7,663,526.00 7,663,526.00    

   
 5. NONTAXABLE SALES OF FOOD PRODUCTS .00 .00 .00  


 
 6. NONTAXABLE LABOR .00 .00 .00  


 
 7. SALES TO THE UNITED STATES GOVERNMENT .00 .00 .00  


 
 8. SALES IN INTERSTATE OR FOREIGN COMMERCE .00 .00 .00  


 
 9. SALES TAX (IF ANY) INCLUDED IN LINE 1 .00 .00 .00  


 
10. a) BAD DEBT LOSSES ON TAXABLE SALES .00 .00 .00  


 
  b) COST OF TAX-PAID PURCHASE RESOLD .00 .00 .00  


 
  c) RETURNED TAXABLE MERCHANDISE .00 .00 .00  


 
  d) CASH DISCOUNTS ON TAXABLE SALES .00 .00 .00  


 
  e) Sections 6377 & 6378 - STATE TAX EXEMPTIONS          

   
  60(a) Amount subject to 5% Manufacturer's Exemption   60(b) Amount subject to 5% Teleproduction Exemption   60(c) Enter total of boxes 60(a) & 60(b) (Multiply box 60(c) by .8333) Enter result in Column A .00        
  $ + $ = $            

   
  60(a) Amount subject to 4.75% Manufacturer's Exemption   60(b) Amount subject to 4.75% Teleproduction Exemption   60(c) Enter total of boxes 60(a) & 60(b) (Multiply box 60(c) by .8261) Enter result in Column B   .00      
  $ + $ = $            

   
Add Columns A and B: enter total in Column C and in line 10(e). box 61, on the front of the return. Enter this total in
box 61 on the return ›
.00    

   
  f) OTHER .00 .00 .00    

   
11. TOTAL NONTAXABLE TRANSACTIONS REPORTED ON LINES 4 THRU 10(f) .00 7,663,526.00 7,663,526.00    

   
12. TRANSACTIONS SUBJECT TO STATE TAX (subtract line 11 from line 3) for each column:          
  Enter amount from Column A on line 12(a) of the return;
Enter the amount from Column C on line 12 of the return
.00 0.00 0.00    

   
TAX RATE (multiply line 12 by this state sales and use tax rate) x 0.06 x 0.0575      

   
13. STATE TAX          
  a) Adjusted for state sales and use tax rate change PRIOR to 1/1/01 .00        

   
  b) Adjusted for state sales and use tax rate change ON/OR AFTER 1/1/01   0.00      

   
  c) Add lines 13a and 13b: enter total in Column C and on line 13 of the return     0.00    

   

BOE-531-T (BACK) REV. 2 (4-01)

INSTRUCTIONS FOR PREPARING SCHEDULE T FOR THE BOE-401-A OR BOE-401-GS RETURNS

    Schedule T is designed to report transactions that occurred prior to January 1, 2001. These transactions must be separated because of the .25 percent (1/4%) decrease in the state sales and use tax rate that took effect January 1, 2001.

    Note: Include this worksheet with your return and keep a copy for your records. After you have transferred information from your worksheet to the front of your return, you must complete the remaining lines of your return (lines 14 and following).


COLUMN A

 

 

 

COLUMN B

 

 

 

COLUMN C

Enter transactions that
occurred prior to
January 1, 2001.

 

+

 

Enter transactions that
occurred on or after
January 1, 2001.

 

=

 

Enter the total of
Columns A and B
                 

[Do not enter amounts
in shaded areas.]

 

 

 

[Do not enter amounts
in shaded areas.]

 

 

 

[Do not enter amounts
in shaded areas.]

SPECIAL INSTRUCTIONS FOR COLUMN A

 

 

 

SPECIAL INSTRUCTIONS FOR COLUMN B

 

 

 

SPECIAL INSTRUCTIONS FOR COLUMN C

Lines 1-10

 

 

 

Lines 1-10

 

 

 

Lines 1-10
For an explanation of these
entries, please refer to your
enclosed Sales and Use Tax
Return instructions.
      For an explanation of these
entries, please refer to your
enclosed Sales and Use Tax
Return instructions.
      For an explanation of these
entries, please refer to your
enclosed States and Use Tax
Return Instructions.

NOTE-Line 10 entries for Column A

 

 

 

Line 12

 

 

 

 
Your line 10 entries may result in a credit total on lines 12 and 13(a).       Multiply your answer in line 12, Column B, by 0.0575 and enter the total in line 13(b).       Transfer the totals for lines 1-13 to the front of your return, as indicated.

Line 12

 

 

 

 

 

 

 

Line 13(c)
Be sure to transfer the total in line 12, Column A, to line 12(a) of your return.               In calculating your total, be sure to adjust for any credit (minus) amount in lines 13(a) and/or 13(b).

Multiply your answer in Line 12, Column A, by 0.06 and enter the total in line 13(a).

 

 

 

 

 

 

 

 

Need assistance? Call our Information Center, 1-800-400-7115.
To speak to a Customer Service Representative, call between 8:00 a.m. and 5:00 p.m.,
Monday through Friday, excluding State holidays.


SLA

BOE-530 (FRONT) REV. 15(10-98)
SCHEDULE C-DETAILED ALLOCATION BY
SUBOUTLET OF UNIFORM LOCAL SALES AND USE TAX
  STATE OF CALIFORNIA
BOARD OF EQUALIZATION

The original copy of this schedule must be attached to your return.
Read instructions before preparing.

 

Please round cents to the
nearest whole dollar.
TAXING JURISDICTION IN WHICH
BUSINESS ESTABLISHMENTS ARE LOCATED
COLUMN 1

  SUB-OUTLET NO.
  TAX AREA
CODE
COLUMN 2

  AMOUNT OF
1% LOCAL TAX
COLUMN 3

   
 
   
   
  CO.
  JUR
  ADD-ON
  IN LIEU
   
   
12200 W. OLYMPIC BLVD.   LOS ANGELES   0001   19050   036       0.00    

4100 MISSION BLVD.

 

ONTARIO

 

0003

 

36004

 

031

 

 

 

0.00

 

 

** PLEASE NOTE ANY ADDRESS CHANGES AND/OR CLOSED-OUT

 

 

 

 

 


LOCATIONS, INCLUDING EFFECTIVE DATES, DIRECTLY BELOW EACH          

ADDRESS THAT HAS CHANGED/CLOSED**          

**PLEASE LIST ANY ADDITIONAL BUSINESS LOCATIONS BELOW,          
INCLUDING THE COMPLETE ADDRESS AND STARTING DATE FOR EACH          
LOCATION**          




    This total must agree with line 17 of your                    
    return unless you are provided with                    
    Schedule B where this total is to be entered                    
    on line B2              
   
        TOTAL AMOUNT OF LOCAL TAX           0
   
OWNER'S NAME                

ETOYS DISTRIBUTION, LLC

 

 

 

 

 

 

 

 

ACCOUNT NUMBER   INDUSTRY   TAX CODE   ZIP CODE   PERIOD   PAGE

97-657200

 

3

 

SR Y

 

4

 

2201

 

1


BOE - 530 (BACK) REV. 15(10-98)

INSTRUCTIONS

SCHEDULE C—DETAILED ALLOCATION

BY SUBOUTLET OF UNIFORM LOCAL SALES AND USE TAX

GENERAL

When a consolidated sales and use tax return is filed, covering more than one seller's permit, local taxes must be allocated among the cities and unincorporated areas of counties in which sales outlets are located. Schedule C lists the addresses of all your place of business for which seller's permits have been issued. Locations within a single city, or within the unincorporated area of a single county, are grouped. Each group is separated from the following group by a space and an asterisk (*).

COLUMN 1—TAXING JURISDICTION IN WHICH BUSINESS ESTABLISHMENTS ARE LOCATED

Street addresses for your places of business are entered here as shown by our records. The taxing jurisdiction indicates the city in which the business is situated, or the county of location if the business is not within a city. A county having the same name as one of its cities can be distinguished from the city by the Tax Area Code entry in Column 2. County codes show as "998" in digits 3, 4 and 5, while city codes show as different numbers. Entries in the column headed "Sub-outlet Number" provide numerical identification of your sales outlets for Board records.

If you have closed any of the places listed, either before or during the period covered by this return, enter the word "closed" just below the street address. Enter the amounts of local tax just as you do for other places of business, or the word "None" if no taxable transactions occurred during the reporting period.

If, during the reporting period, you have operated any place of business in California which is not listed here, enter at the end of the list the street address and name of the Post Office serving the area. If in a city with a different name than the Post Office, enter the name of the city also. If the location has no street number, enter the street or road and the name of the Post Office. State whether the location is inside the city or town whose name corresponds to that of the Post Office (e.g., Highland Road, three miles outside Greenburg).

COLUMN 2—TAX AREA CODE

You need not make any entry in this column. Code numbers shown here identify the taxing jurisdiction in which each business establishment is located.

COLUMN 3—AMOUNT OF 1% LOCAL TAX

Enter in this column the amount of local tax (1%) for each business establishment, opposite the business address. "Total for this tax code" appears where two or more places of business are located in one taxing jurisdiction. Enter in Column 3, the total local taxes for all places of business in that taxing jurisdiction opposite the asterisk (*). If you have only one business establishment in a local taxing jurisdiction, enter only the figures directly opposite the address and do not make any entry opposite the asterisk. Enter the word "None" opposite the address of any establishment operated during the period covered by this return if no tax liability accrued at that location.

TOTAL AMOUNT OF LOCAL TAX

The total of Column 3 (or the grand total of this column if Schedule C comprises more than one page) must agree with line 17 on the face of your sales tax return, unless you have prepared a Schedule B. Schedule B is furnished to taxpayers when required for allocations of local taxes on transactions not occurring at a permanent place of business. For taxpayers using Schedule B, the total of Column 3 is to be carried forward to line B2 on Schedule B.

IF YOU WISH ADDITIONAL INFORMATION PLEASE CONTACT
YOUR NEAREST BOARD OF EQUALIZATION OFFICE


In re: eToys Distribution LLC   Case No. 01-00707 (MFW)
Debtor   08/01/01-08/31/01

MOR-5
ACCOUNTS RECEIVABLE RECONCILIATION AND AGING

Accounts Receivable Reconciliation

  Amount
Total Accounts Receivable at the beginning of the reporting period   $ 902,981.36
(+) Amounts billed during the period      
(-) Amounts collected during the period (Note 1)   $ 361,979.14
Total Accounts Receivable at the end of the reporting period   $ 541,002.22

Accounts Receivable Aging

  Amount
0-30 days old      
31-60 days old   $
61-90 days old   $ 525,447.59
91 + days old   $ 15,554.63
Total Accounts Receivable   $ 541,002.22
Amount considered uncollectible (Bad Debt)    
Accounts Receivable (Net)   $ 541,002.22

DEBTOR QUESTIONNAIRE

Must be completed each month

  YES
  NO
1. Have any assets been sold or transferred outside the normal course of business this reporting period? If yes, Provide an explanation below.       X
2. Have any funds been disbursed from any account other than a debtor in possession account this reporting period? If yes, provide an explanation below.       X
3. Have all postpetition tax returns been timely filed? If no, provide an explanation below.   X    
4. Are workers comensation, general liability and other necessary insurance coverages in effect? If no, provide an explanation below.   X    

Note 1—Accounts receivable amounts collected during August 2001 were deposited in a bank account of eToys, Inc. (Case No. 01-00706) and, accordingly, are reflected on that Debtor's MOR-1 Schedule of Cash Receipts and Disbursements.













 
   
In re: eToys Distribution LLC   Case No. 01-00707 (MFW)

eToys Distribution LLC
Accounts Payable Aging Report
As of August 31, 2001

 
  Current
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