EX-99.1 3 a2064347zex-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: 10/01/01-10/31/01

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
  11/16/01
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.


In re: eToys, Inc.   Case No. 01-00706 MFW
Reporting Period 10/01/01-10/31/01

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
2869003059

  UBOC MM
2860113492

  UBOC MM
2860113506

  UBOC CD
2189005826

  UBOC CD
2189009224

  UBOC CD
2189000603

  UBOC CD
2869003034

  WFB Cert.
Of Dep.

  UBOC CD
2189003821

                                               
CASH BEGINNING OF MONTH   161,548.22   1,034.68   21,176,139.87   13,123,414.86   0.00   0.00   0.00   0.00   0.00   0.00   0.00
                                               
CASH SALES                                              
ACCOUNTS RECEIVABLE (NOTE 2)                                              
LOANS AND ADVANCES                                              
SALE OF ASSETS     1,623,027.59                                        
DUE FROM LLC                                              
OTHER (attach list)     3,085,339.98                                        
TRANSFER FROM DISTRIBUTION LLC                                              
TRANSFER FROM CD                 4,013,488.16   21,233,491.92                        
TRANSFERS FROM MONEY MARKET     400,000.00                                        
TRANSFERS FROM DIP         49,000.00                                    
INTEREST     841.19       57,352.05   42,468.45   39,298.19                        
TOTAL RECEIPTS   5,109,208.76   49,000.00   57,352.05   4,055,956.61   21,272,790.11   0.00   0.00   0.00   0.00   0.00   0.00
                                               
DISBURSEMENTS                                              
NET PAYROLL         (31,266.28 )                                  
PAYROLL TAXES         (16,563.08 )                                  
SALES, USE, & OTHER TAXES                                            
INVENTORY PURCHASES                                              
SECURED/RENT/LEASES     (320,000.00 )                                      
INSURANCE     (4,911.59 )                                      
ADMINISTRATIVE     (57,128.37 ) (1,520.11 )                                  
SELLING                                              
OTHER (attach list)                                              
PRE-PETITION EXPENSES (NOTE 1)                                            
OWNER DRAW                                              
TRANSFERS                                              
  Transfer to LLC DIP     (130,000.00 )                                      
  Transfer to PR     (49,000.00 )                                      
  Transfer to CD                                              
  Transfer to DIP General                     (400,000.00 )                      
Transfer to Money Market     (4,013,488.16 )     (21,233,491.92 )                              
PROFESSIONAL FEES     (425,231.56 )                                      
U.S. TRUSTEE QUARTERLY FEES     (8,000.00 )                                      
COURT COSTS                                              
TOTAL DISBURSEMENTS 0.00   (5,007,759.68 ) (49,349.47 ) (21,233,491.92 ) 0.00   (400,000.00 ) 0.00   0.00   0.00   0.00   0.00   0.00
NET CASH FLOW 0.00   101,449.08   (349.47 ) (21,176,139.87 ) 4,055,956.61   20,872,790.11   0.00   0.00   0.00   0.00   0.00   0.00
CASH END OF MONTH 0.00   262,997.30   685.21   0.00   17,179,371.47   20,872,790.11   0.00   0.00   0.00   0.00   0.00   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 10/01/01-10/31/01

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

  UBOC Stock
5300161903

  WFB
060-8526315

  Total
 
                                       
CASH BEGINNING OF MONTH 288,000.00   0.00   0.00   0.00   187,500.00   0.00   0.00   0.00     34,937,637.63  
                                       
CASH SALES                                   0.00  
ACCOUNTS RECEIVABLE (NOTE 2)                                   0.00  
LOANS AND ADVANCES                                   0.00  
SALE OF ASSETS                                   1,623,027.59  
DUE FROM LLC                                   0.00  
OTHER (attach list)                                   3,085,339.98  
TRANSFERS—SWEEP ACCOUNT                                   0.00  
TRANSFER FROM CD                                   25,246,980.08  
TRANSFERS FROM MONEY MARKET                                   400,000.00  
TRANSFERS FROM DIP                                   49,000.00  
INTEREST                                   139,959.88  
TOTAL RECEIPTS 0.00   0.00   0.00   0.00   0.00   0.00   0.00   0.00     30,544,307.53  
                                       
DISBURSEMENTS                                      
NET PAYROLL                                   (31,266.28 )
PAYROLL TAXES                                   (16,563.08 )
SALES, USE, & OTHER TAXES                                   0.00  
INVENTORY PURCHASES                                   0.00  
SECURED/RENT/LEASES                                   (320,000.00 )
INSURANCE                                   (4,911.59 )
ADMINISTRATIVE                                   (58,648.48 )
SELLING                                   0.00  
OTHER (attach list)                                   0.00  
PRE-PETITION EXPENSES (NOTE 1)                                   0.00  
OWNER DRAW                                   0.00  
TRANSFERS                                   0.00  
  Transfer to LLC DIP                                   (130,000.00 )
  Transfer to PR                                   (49,000.00 )
  Transfer to CD                                   0.00  
  Transfer to DIP General                                   (400,000.00 )
  Transfer to Money Market                                   (25,246,980.08 )
PROFESSIONAL FEES                                   (425,231.56 )
U.S. TRUSTEE QUARTERLY FEES                                   (8,000.00 )
COURT COSTS                                   0.00  
TOTAL DISBURSEMENTS 0.00   0.00   0.00   0.00   0.00   0.00   0.00   0.00     (26,690,601.07 )
NET CASH FLOW 0.00   0.00   0.00   0.00   0.00   0.00   0.00   0.00     3,853,706.46  
CASH END OF MONTH 288,000.00   0.00   0.00   0.00   187,500.00   0.00   0.00   0.00     38,791,344.09  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

       
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   $ 26,690,601.07  
LESS: TRANSFERS TO DEBTOR IN POSSESSION ACCOUNTS   $ (25,825,980.08 )
PLUS: ESTATE DISBURSEMENTS MADE BY OUTSIDE SOURCES   $    
TOTAL DISBURSEMENTS FOR CALCULATING U.S. TRUSTEE QUARTERLY FEES   $ 864,620.99  

Page 2 of 2


In re: eToys, Inc.   Case No. 01-00706 (MFW)
Reporting Period: 10/01/01-10/31/01


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   2860113506   2869002945
C.   Purpose (Type):   DIP General   Payroll   Stock   Money Market   Time Deposit
1.   Balance per Bank Statement       $ 526,483.88       $ 40,460.16       $       $ 20,872,790.11       $
2.   (+) Deposit in Transit                                                  
3.   (-) Outstanding Checks         (263,486.58 )       (39,774.95 )                            
4.   Other                                                
5.   Month End Balance per Books       $ 262,997.30       $ 685.21       $       $ 20,872,790.11       $
6.   Number of Last Check Written         20398         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
        1512     553.80   SEE ATTACHED LIST   none   none   not applicable
        10084     5,000.00                                        
        20333     23.05                                        
        20375     8,000.00                                        
        20376     1,400.00                                        
        20381     334.19                                        
        20382     329.18                                        
        20383     235.58                                        
        20384     622.80                                        
        20385     3,947.79                                        
        20386     6,567.96                                        
        20387     300.43                                        
        20388     171.84                                        
        20389     168.31                                        
        20390     185,727.74                                        
        20391     7,500.00                                        
        20392     5,679.23                                        
        20394     250.00                                        
        20395     250.00                                        
        20396     1,475.33                                        
        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       $ 263,466.58                                        

Page 1 of 4


In re: eToys, Inc.   Case No. 01-00706 (MFW)
Reporting Period: 10/01/01-10/31/01


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..   2889003042   2860113492   5309026234   2869003034   2189003821
C.   Purpose (Type):   Time Deposit   Money Market   Time Deposit   Time Deposit   Time Deposit
1.   Balance per Bank Statement       $       $ 17,179,371.47       $ 187,500.00       $       $
2.   (+) Deposit in Transit                                                  
3.   (-) Outstanding Checks                                                  
4.   Other Reconciling Items                                                  
5.   Month End Balance per Books       $       $ 17,179,371.47       $ 187,500.00       $       $
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

Page 2 of 4


In re: eToys, Inc.   Case No. 01-00706 (MFW)
Reporting Period: 10/01/01-10/31/01

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       $       $       $ 288,000.00       $       $
2.   (+) Deposit in Transit                                                  
3.   (-) Outstanding Checks                                                  
4.   Other Reconciling Items                                                  
5.   Month End Balance per Books       $       $       $ 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

Page 3 of 4


In re: eToys, Inc.   Case No. 01-00706 (MFW)
Reporting Period: 10/01/01-10/31/01

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       $                                     $ 39,094,585.62  
2.   (+) Deposit in Transit                                                 0.00  
3.   (-) Outstanding Checks                                                 (303,241.53 )
4.   Other Reconciling Items                                                 0.00  
5.   Month End Balance per Books       $       $       $       $       $ 38,791,344.09  
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            

Page 4 of 4


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

Cash Disbursements
October 2001

Date

  Num
  Name
  Amount
10/1/01   20356   BANKRUPTCY MANAGEMENT CORPORATION   53,246.00
10/4/01   20359   IBM CORPORATION  
10/4/01   20360   IBM CORPORATION   320,000.00
10/4/01   20361   RECALL-INFORMATION MNT   321.25
10/4/01   20362   SPRINT CONFERENCING SERIVCES   3,168.42
10/4/01   20363   VERIZON CALIFORNIA   95.12
10/4/01   20364   FEDERAL EXPRESS   204.09
10/4/01   20365   PACIFIC BELL (SAC)   127.80
10/4/01   20357   VOID:  
10/4/01   20358   VOID:  
10/5/01   20366   VERIZON WIRELESS-LA   1,148.29
10/8/01   20367   CT CORPORATION SYSTEM   195.00
10/8/01   20368   PANJABI, SATISH   8,006.25
10/8/01   20369   POORMAN-DOUGLAS CORP   14,393.38
10/8/01   20370   PANJABI, SATISH   2,962.50
10/9/01   20371   YOUNG, BYNNE   943.50
10/11/01   20372   ARCHIVE.COM, INC   120.00
10/12/01   20373   GOLD, BARRY   6,303.15
10/12/01   20374   COLLATERAL LOGISTICS, INC  
10/12/01   20375   COLLATERAL LOGISTICS, INC   8,000.00
10/12/01   20376   COLLATERAL LOGISTICS, INC   1,400.00
10/16/01   20377   RIGHT CLICK LLC   25.00
10/17/01   20378   CROSSROADS, LLC   91,567.91
10/17/01   20379   CROSSROADS, LLC   78,135.35
10/24/01   1512   NUTT, JOHN   553.80
10/25/01   20380   VERIZON WIRELESS-LA   10,035.46
10/25/01   20381   CIGNA BEHAVIORAL HEALTH   334.19
10/25/01   20382   HARTFORD LIFE INSURANCE COMPANIES   329.18
10/25/01   20383   FEDERAL EXPRESS   235.58
10/25/01   20384   YOUNG, BYNNE   622.80
10/26/01   20385   PMI   3,947.79
10/26/01   20386   PANJABI, SATISH   6,567.96
10/26/01   20387   VISION SERVICE PLAN   300.43
10/29/01   20388   CINGULAR WIRELESS   171.84
10/30/01   20389   FEDERAL EXPRESS   168.31
10/31/01   20390   TRAUB, BONACQUIST & FOX, LLP   185,727.74
10/31/01   20391   U.S. TRUSTEE   7,500.00
10/31/01   20392   WALSH, MONZACK & MONACO, P.A.   5,679.23
10/31/01   20393   U.S. TRUSTEE  
10/31/01   20394   U.S. TRUSTEE   250.00
10/31/01   20395   U.S. TRUSTEE   250.00
10/31/01   20396   WALSH, MONZACK & MONACO, P.A.   1,475.33
10/31/01   Auto Debit   Union Bank of California   758.87
           
        Subtotal   815,271.52
           
        ADD: Payroll Disbursements (see attached)   49,349.47
           
        Total Disbursements   864,620.99
           

Page 1 of 1


In re: eToys, Inc.   CASH DISBURSEMENTS
PAYROLL ACCOUNT
October 2001
  Case No. 01-00706 (MFW)
CHECKNUM

  CHECK DATE
  NET
AMOUNT

  NET
CHECKS

  PAYROLL
TAXES

  FEES
Fees   10/1/01   126.63           126.63
306430   10/5/01   840.68   840.68        
306429   10/5/01   473.04   473.04        
306431   10/5/01   1,161.49   1,161.49        
Taxes   10/5/01   1,459.13       1,459.13    
Fees   10/8/01   143.69           143.69
306432   10/12/01   1,103.76   1,103.76        
306433   10/12/01   840.65   840.65        
306434   10/12/01   1,161.50   1,161.50        
Taxes   10/12/01   1,477.72       1,477.72    
Fees   10/15/01   122.03           122.03
306435   10/19/01   315.36   315.36        
306436   10/19/01   702.16   702.16        
306437   10/19/01   1,161.50   1,161.50        
Taxes   10/19/01   1,307.25       1,307.25    
Fees   10/22/01   140.40           140.40
306438   10/26/01   707.75   707.75        
306439   10/26/01   1,161.50   1,161.50        
Taxes   10/26/01   1,292.39       1,292.39    
Fees   10/29/01   151.64           151.64
       
           
TOTAL DISBURSEMENTS-eToys, Inc.       15,850.27            
       
           

Page 1 of 2


In re: eToys, Inc.   CASH DISBURSEMENTS
PAYROLL ACCOUNT
October 2001
  Case No. 01-00706 (MFW)

CHECKNUM


 

CHECK DATE


 

NET
AMOUNT


 

NET
CHECKS


 

PAYROLL
TAXES


 

FEES

Fees   10/1/01   105.78           105.78
605571   10/5/01   376.60   376.60        
605572   10/5/01   488.88   488.88        
605573   10/5/01   655.90   655.90        
605574   10/5/01   437.04   437.04        
605575   10/5/01   540.70   540.70        
605576   10/5/01   2,935.42   2,935.42        
Taxes   10/5/01   2,718.53       2,718.53    
Fees   10/8/01   360.80           360.80
605577   10/12/01   381.87   381.87        
605578   10/12/01   601.41   601.41        
605579   10/12/01   1,005.50   1,005.50        
605580   10/12/01   405.41   405.41        
605581   10/12/01   369.76   369.76        
605582   10/12/01   2,935.41   2,935.41        
Taxes   10/12/01   3,019.20       3,019.20    
Fees   10/15/01   106.49           106.49
605583   10/19/01   516.25   516.25        
605584   10/19/01   524.42   524.42        
605585   10/19/01   1,005.49   1,005.49        
605586   10/19/01   373.72   373.72        
605587   10/19/01   456.39   456.39        
605588   10/19/01   2,935.42   2,935.42        
Taxes   10/19/01   3,087.75       3,087.75    
Fees   10/22/01   118.23           118.23
605589   10/26/01   424.05   424.05        
605590   10/26/01   462.22   462.22        
605591   10/26/01   1,005.50   1,005.50        
605592   10/26/01   402.98   402.98        
605593   10/26/01   420.45   420.45        
605594   10/26/01   1,976.10   1,976.10        
Taxes   10/26/01   2,201.11       2,201.11    
Fees   10/29/01   144.42           144.42
       
           
TOTAL DISBURSEMENTS-LLC       33,499.20            
       
           
TOTAL DISBURSEMENTS       49,349.47   31,266.28   16,563.08   1,520.11
       
 
 
 

Page 2 of 2


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

UNION BANK PAYROLL ACCOUNT
OUTSTANDING CHECKS
October 31, 2001

CHECKNUM
  CHECK DATE
  NET
AMOUNT

00010024   03/01/01   2,145.48
00020077   03/01/01   123.34
00031164   03/01/01   948.84
00031165   03/01/01   4,065.28
00031232   03/01/01   90.34
00040393   03/01/01   4,281.94
00040394   03/01/01   299.40
00305692   03/06/01   37.50
00305700   03/06/01   2,764.29
00305770   03/06/01   1,036.41
00305827   03/06/01   80.47
00305837   03/06/01   171.40
00305839   03/06/01   171.49
00305844   03/06/01   91.45
00305845   03/06/01   86.17
00305847   03/06/01   37.49
00305848   03/06/01   133.66
00305854   03/06/01   293.66
00305876   03/06/01   180.08
00305883   03/06/01   125.27
00305914   03/06/01   191.95
00305919   03/06/01   248.56
00305923   03/06/01   119.62
00305937   03/06/01   117.48
00305943   03/06/01   148.29
00305945   03/06/01   294.50
00305968   03/06/01   316.55
00305972   03/06/01   281.38
00305976   03/06/01   140.70
00305977   03/06/01   290.34
00305992   03/06/01   224.53
00305999   03/06/01   281.38
00306003   03/06/01   183.15
00306004   03/06/01   316.56
00306005   03/06/01   309.53
00603580   03/06/01   65.07
00603850   03/06/01   442.62
00603862   03/06/01   484.70
00603931   03/06/01   330.82
00603935   03/06/01   363.49
00603945   03/06/01   218.40
00603949   03/06/01   126.61
00603950   03/06/01   123.11
00603980   03/06/01   116.43
00603988   03/06/01   133.64

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

UNION BANK PAYROLL ACCOUNT
OUTSTANDING CHECKS
October 31, 2001

CHECKNUM
  CHECK DATE
  NET
AMOUNT

00603990   03/06/01   191.40
00020086   03/09/01   218.07
00604003   03/16/01   59.10
00604048   03/16/01   87.94
00031401   03/23/01   423.15
00604154   03/23/01   365.22
00031415   03/28/01   3.28
00604319   03/30/01   271.09
00604354   03/30/01   456.52
00604454   04/06/01   295.27
00306068   04/13/01   803.58
00306084   04/13/01   2,513.04
00604630   04/13/01   950.67
00604650   04/13/01   629.01
00604654   04/13/01   1,402.64
00306125   04/20/01   28.11
00306149   04/20/01   33.59
00306157   04/20/01   48.90
00306161   04/20/01   228.66
00306162   04/20/01   19.22
00306189   04/20/01   84.74
00604978   04/20/01   46.35
00040593   05/04/01   1,205.91
00031426   05/18/01   303.10
605588   10/19/01   2,935.42
306439   10/26/01   1,161.50
605594   10/26/01   1,976.10
       
        39,774.95
       

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

MOR-1 ATTACHMENT
OTHER RECEIPTS
October 2001

Payer

  Description
  Amount
  Date
American Express   Prepaid Other     460,889.18   10/15/01
Fingerhut Corp Master   Litigation Settlement     2,611,726.32   10/19/01
IGOE & Company Inc.   COBRA Refund     10,245.39   10/26/01
IGOE & Company Inc.   COBRA Refund     1,491.64   10/26/01
Pitney Bowes   Refund     258.56   10/26/01
Paper Recycling & Shredding   Liquidation Sale Proceeds     180.03   10/26/01
Pacific Bell   Refund     548.86   10/26/01
       
   
  Total       $ 3,085,339.98    
       
   

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

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

 
  Mar 7—Oct 31, '01
  Oct '01
Ordinary Income/Expense        
    Income        
      Liquidation Proceeds        
        Cancellation of Debt   330,679.40   330,679.40
        Loss on Disposal of Assets   -27,927,357.20    
        Refunds Received   15,918.15    
        Liquidation Proceeds—Other   585,104.93   -27,734.22
   
 
      Total Liquidation Proceeds   -26,995,654.72   302,945.18
   
 
    Total Income   -26,995,654.72   302,945.18
   
 
  Gross Profit   -26,995,654.72   302,945.18
    Expense        
      Advertising   10,845.34    
      Bank Service Charges   137,682.68    
      Dues and Subscriptions   8,404.47    
      Employee Benefits   311,569.31   -10,326.66
      Equipment Leases   88,783.98   -22,613.80
      Insurance   793,377.45    
      Licenses and Permits   3,348.02    
      Miscellaneous   26,525.66   12,354.62
      Moving Expense   9,686.00    
      Office Relocation Expense   37,333.00    
      Outside Services   162,156.11   14,914.44
      Parking   58,669.47   520.00
      Payroll Taxes   76,204.80   967.16
      Postage and Delivery   7,945.06   145.33
      Professional Fees        
        Accounting   1,593.59    
        Legal Fees   13,868.94    
   
 
      Total Professional Fees   15,462.53   0.00
      Rent   394,736.44    
      Repairs        
        Building Repairs   186.06    
        Computer Repairs   244,997.74   9,858.72
        Equipment Repairs   11,537.01    
   
 
      Total Repairs   256,720.81   9,858.72
      Salaries & Wages        
        Vacation Expense   19,748.25    
        Salaries & Wages — Other   1,305,173.29   14,198.72
   
 
      Total Salaries & Wages   1,324,921.54   14,198.72
      Sales Tax   25,388.98    
      Security   763.35    
      Supplies        
        Office   8,747.94   425.46
        Supplies—Other   337.91    
   
 
      Total Supplies   9,085.85   425.46
      Taxes        
        Taxes—Other   30,861.98    
   
 
      Total Taxes   30,861.98   0.00
      Telephone        
        Communications Expense   201,017.15   127.80

    See accompanying Notes To Financial Statements   Page 1 of 2

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

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

        Telephone—Other   109,581.83   -3,366.21
   
 
      Total Telephone   310,598.98   -3,238.41
      Travel & Ent        
        Meals   301.98    
        Travel   6,090.70    
        Travel & Ent—Other   34,970.79   4,552.73
   
 
      Total Travel & Ent   41,363.47   4,552.73
      Utilities        
        Gas and Electric   86.69    
        Water   -531.16    
   
 
      Total Utilities   -444.47   0.00
   
 
    Total Expense   4,141,990.81   21,758.31
   
 
  Net Ordinary Income (Loss)   -31,137,645.53   281,186.87
  Other Income/Expense        
    Other Income        
      Interest Income   654,618.52   140,731.84
      Miscellaneous Income   1,624.91    
      Other Income   2,611,726.32   2,611,726.32
   
 
    Total Other Income   3,267,969.75   2,752,458.16
    Other Expense        
      Reorganization Expenses        
        Other Reorganization Expenses        
          Post-Petition Payments        
            Asset Management        
            Commission   1,400.00   1,400.00
            Asset Management—Other   376,640.47   8,000.00
   
 
            Total Asset Management   378,040.47   9,400.00
            IT Consulting Services   6,732.50    
            Legal Notices/Publication   62,609.51   14,393.38
            Miscellaneous Expenses   758.87   758.87
            Record Storage   1,184.75   274.25
   
 
          Total Post-Petition Payments   449,326.10   24,826.50
          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    
   
 
          Total Pre-Petition Payments   636,300.15   0.00
          Provision for Restructuring Chg   97,853,000.00    
        Total Other Reorganization Expenses   98,938,626.25   24,826.50
        Professional Fees   3,779,676.38   348,375.10
        U.S. Trustees Fees   22,000.00   8,000.00
   
 
      Total Reorganization Expenses   102,740,302.63   381,201.60
   
 
    Total Other Expense   102,740,302.63   381,201.60
   
 
  Net Other Income (Loss)   -99,472,332.88   2,371,256.56
   
 
Net Income (Loss)   -130,609,978.41   2,652,443.43
   
 
    See accompanying Notes To Financial Statements   Page 2 of 2

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

Balance Sheet (MOR-3)
As of September 30, 2001
UNAUDITED

 
  Oct 31, '01
ASSETS    
  Current Assets    
    Checking/Savings    
      101000B—UBOC DIP A/C   262,997.30
      101100—UBOC Payroll   685.21
      101860—UBOC CD   20,872,790.11
      101861—UBOC CD   17,179,371.47
      105000—Cash on Deposit   288,000.00
      107000—UBOC Cert. of Deposit   187,500.00
   
    Total Checking/Savings   38,791,344.09
    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   86,437.21
        153000—Prepaid License   83,927.45
        159000—Prepaid Other   1,044,656.43
        241000—Deposits   416,222.00
   
      Total Other Liquidated Debts   5,785,787.61
   
    Total Other Current Assets   5,785,787.61
   
  Total Current Assets   44,577,131.70
  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   -12,882,529.12
   
      Total I/C Receivables—Post Petition   -12,882,529.12
      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 October 31, 2001
UNAUDITED

 
  Oct 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   -19,861,340.06
   
TOTAL ASSETS   43,943,445.79
   
LIABILITIES & EQUITY    
  Liabilities    
    Current Liabilities    
      Accounts Payable    
        Accounts Payable   377,349.22
   
      Total Accounts Payable   377,349.22
      Other Current Liabilities    
        Post-Petition Liabilities    
          301000P—A/ P Post-petition   -550,612.55
          340000—Accrued Prof Fees   1,764,407.96
   
        Total Post-Petition Liabilities   1,213,795.41
   
      Total Other Current Liabilities   1,213,795.41
   
    Total Current Liabilities   1,591,144.63
    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   217,921.27
   
        Total Priority Claims   1,031,272.13
        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   190,613,813.13
   
    Total Long Term Liabilities   190,613,813.13
   
  Total Liabilities   192,204,957.76
   
  Total Equity   -148,261,511.97
   
TOTAL LIABILITIES & EQUITY   43,943,445.79
   
    See accompanying Notes to Financial Statements   Page 2 of 2

In re: eToys, Inc
Debtor
  Case No. 01-00706 (MFW)
Reporting Period: 10/01/01- 10/31/01


Notes to Unaudited Financial Statements (MOR – 2, 3)
As of October 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: 10/01/01-10/31/01


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   2,746.68   2,746.68   10/5, 10/12, 10/19, 10/26   Note 1   0.00
FICA-Employer   0.00   967.16   967.16   10/5, 10/12, 10/19, 10/26   Note 1   0.00
FICA-Employee   0.00   967.16   967.16   10/5, 10/12, 10/19, 10/26   Note 1   0.00
Tax Adjustment   0.00   0.00   0.00           0.00
Tax Refund   0.00   0.00   0.00           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   4,681.00   4,681.00           0.00
STATE AND LOCAL                        
Withholding   0.00   855.49   855.49   10/5, 10/12, 10/19, 10/26   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   855.49   855.49           0.00

Total taxes

 

0.00

 

5,536.49

 

5,536.49

 

 

 

 

 

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   9,566.56   3,024.17   20,114.94     344,643.55   377,349.22
Wages payable                        
Taxes Payable                      
Rent/Lease-Equipment                        
Secured Debt/Adequate Protection Payments                        
Professional Fees                       1,764,408.00
Amounts Due to Insiders*                        
Other: Deposit Liabilities                        
Other:                        
Total Postpetition Debts                       2,141,757.22

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)   3737 MAIN STREET, SUITE 1000   909-680-6400   STATE OF CALIFORNIA
REV. 88 (8-01)   RIVERSIDE   CA 92501-3395       BOARD OF EQUALIZATION
STATE, LOCAL and DISTRICT SALES and USE TAX RETURN       BOARD USE ONLY
DUE ON OR BEFORE Oct 31, 2001 for Jul through Sep. 2001   2301   RA-IT LOC REG
RA-BTR AACS REF
[FOID 5-804-241]   -       YOUR ACCOUNT NO.    
        SR   EH   97-077581      6    
S2   EFT               EFF
                 
BOARD OF EQUALIZATION
P.O. BOX 942879
SACRAMENTO CA 94279-8020
  4100 E. MISSION BLVD, ONTARIO
ETOYS
ETOYS, INC.
12200 W. OLYMPIC BLVD.
LOS ANGELES CA 90064
  36004-031-0000
19
07/97
RT-AA
HOA E

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

  1.   TOTAL (GROSS) SALES           1.   $150,000.00   PLEASE ROUND CENTS TO THE NEAREST WHOLE DOLLAR
  2.   PURCHASES SUBJECT TO USE TAX           2.   0.00    
  3.   TOTAL (add lines 1 and 2)           3.   150,000.00    
  4.   SALES TO OTHER RETAILERS FOR PURPOSES OF RESALE   50   $.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) PARTIAL STATE TAX EXEMPTION                  

      You must complete BOE-531-T REV. 3 (9-01),
Schedule T and boxes 60 & 61 to claim a
partial exemption.
  Box 60 Total Partial
Exemption
60      .00
  61   .00            
      (f) OTHER (clearly explain) Sale of intellectual property   90   150,000.00            
  11.   TOTAL NONTAXABLE TRANSACTIONS REPORTED ON LINES 4 THRU 10(f) (add lines 4 thru 10(f))           11.   .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    
DE 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 to the best of my knowledge and belief is a true, correct and complete return.

YOUR SIGNATURE AND TITLE   TELEPHONE NUMBER   DATE
/s/ Barry Gold CEO   310-258-1677   10/30/01
PAID PREPARER'S PAID PREPARER'S NAME
USE ONLY
  PAID PREPARER'S TELEPHONE NUMBER   S2
EFT

Make a copy for your records.


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




  09/30/2001
95-4633006
  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

 

 

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   85852.43
3.   Total income tax withheld from wages, tips, and sick pay   3   12042.72
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   12042.72
6.   Taxable social security wages   6a   $63311.79 × 12.4% (.124)=   6b   7850.66
    Taxable social security tips   6c   $0.00         × 12.4% (.124)=   6d   0.00
7.   Taxable Medicare wages and tips   7a   $85852.43 × 2.9% (.029)=   7b   2489.72
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   10340.38
9.   Adjustment of social security and Medicare taxes (see instructions for required explanation)        
    Sick Pay              +/- Fractions of Cents              0.02 Other           9   0.02
10.   Adjusted total of social security and Medicare taxes (line 8 as adjusted by line 9—see instructions)   10   10340.40
11.   Total taxes (add lines 5 and 10)   11   22383.12
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   22383.12
14.   Total deposits for quarter, including overpayment applied from a prior quarter   14   22383.12
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   10/31/01


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

 

11/15/2001 05:45:40 PM

SCHEDULE B
(FORM 941)
  Employer's Record of Federal Tax Liability  
OMB No. 1545-0029
(Rev January 1996)   See Circular E for more information about employment tax returns.    
Department of Treasury   5151    
Internal Rev Service   Attach to Form 941 or Form 941-SS.    
Name as shown on Form 941 (Form 941-SS)   Employer identification number   Date quarter ended
E TOYS INC   95-4633006   09/30/2001

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

 

2789.26

 

13

 

2645.85

 

20

 

2045.08

 

27

 

2116.14

 

 

 

 

7

 

 

 

14

 

 

 

21

 

 

 

28

 

 

 

 

 

 

A Total tax liability for first month of quarter

 

 

 

A

 

9596.33

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
B. Daily Tax Liability—Second Month of Quarter

1       8       15       22       29    

2

 

 

 

9

 

 

 

16

 

 

 

23

 

 

 

30

 

 

3

 

1219.17

 

10

 

1216.69

 

17

 

1858.31

 

24

 

1493.16

 

31

 

1475.92

4

 

 

 

11

 

 

 

18

 

 

 

25

 

 

 

 

 

 

5

 

 

 

12

 

 

 

19

 

 

 

26

 

 

 

 

 

 

6

 

 

 

13

 

 

 

20

 

 

 

27

 

 

 

 

 

 

7

 

 

 

14

 

 

 

21

 

 

 

28

 

 

 

 

 

 

B Total tax liability for second month of quarter

 

 

 

B

 

7263.25

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
C. Daily Tax Liability—Third 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

 

 

 

20

 

 

 

27

 

 

 

 

 

 

7

 

1613.09

 

14

 

1080.63

 

21

 

1151.72

 

28

 

1678.10

 

 

 

 

C Total tax liability for third month of quarter

 

 

 

C

 

5523.54
D Total for quarter (add lines A, B, and C). This should equal line 13 of Form 941   D   22383.12
For Paperwork Reduction Act Notice, see instructions.   Schedule B (Form 941)(Rev. 1-96)

Source Code = PNA

 

 

 

 

 

 

 

 

 

 

 

 

PowerTax Facsimile Tax Return Form: FED B941

 

 

 

11/15/2001 05:45:40 PM

QUARTERLY CONTRIBUTION RETURN
EDD Serving the People of California   PLEASE TYPE THIS FORMDO NOT ALTER PREPRINTED INFORMATION     Approved Extension To  

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
 
09/30/2001
 

DUE
 
10/31/01
  DELINQUENT IF NOT POSTMARKED OR RECEIVED BY  
10/31/01
      2001   3

/ / 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
  8   2nd
Month
  5   3rd
Month
  4
B.   TOTAL SUBJECT WAGES PAID THIS QUARTER   (B)   85852.43

C.

 

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

 

(C)

 

0.00

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

 

45,684.91

 

=

 

(D3)

 

45684.91

E.

 

EMPLOYER'S UI CONTRIBUTIONS

 

2.600  

 

% times C

 

 

 

(E)

 

0.00

E1.

 

EMPLOYMENT TRAINING TAX

 

0.100  

 

% times C

 

 

 

(E1)

 

0.00

F.

 

EMPLOYEE CONTRIBUTIONS (SDI)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(F1) SDI Employee Contribution

 

 

 

(F2) DI Previously Paid This Quarter

 

 

 

 

 

 

 

 

WITHHELD 0.900 % Times D2.

 

411.16

 

LESS

 

385.30

 

=

 

(F3)

 

25.86

 

 

 

 

(G1) Total Employee PIT Withheld

 

 

 

(G2) PIT Previously Paid This Quarter

 

 

 

 

 

 

G.

 

CALIFORNIA PERSONAL INCOME TAX (PIT) WITHHELD

 

3,727.32

 

LESS

 

3,446.12

 

=

 

(G3)

 

281.20

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)

 

307.06

K.

 

DI VOLUNTARY PLAN ASSESSMENT

 

0.000  

 

% Times DI

 

 

 

(K)

 

0.00

L.

 

TAXES DUE THIS QUARTER (Add Items J & K)

 

(L)

 

307.06

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 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

 

10/31/01

/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   11/15/2001 05:45:40PM
CU-TA 198G

In re: eToys, Inc.   eToys, Inc.
Accounts Payable Aging Report
As of October 31, 2001
  Case No. 01-00706 MFW

 

 

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
BLUE CROSS OF CALIFORNIA   0.00   -5,046.72   0.00   0.00   0.00   -5,046.72
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   68,598.74
KILROY REALTY, L.P.   0.00   0.00   0.00   0.00   2,931.81   2,931.81
LEXIS NEXIS   0.00   0.00   0.00   0.00   478.62   478.62
MARSH RISK & INSURANCE SVCS   0.00   0.00   0.00   0.00   -458.00   -458.00
MERRILL COMMUNICATIONS LLC   7,502.48   4,827.14   0.00   0.00   0.00   12,329.62
PACIFIC BELL (SAC)   0.00   0.00   0.00   0.00   187.64   187.64
PANJABI, SATISH   0.00   3,243.75   0.00   0.00   0.00   3,243.75
PBCC   0.00   0.00   0.00   0.00   994.68   994.68
RECALL-INFORMATION MNT   274.25   0.00   0.00   0.00   0.00   274.25
SOUTH BAY SECURITY   0.00   0.00   0.00   0.00   450.00   450.00
SPIEKER PROPERTIES   0.00   0.00   0.00   0.00   86.69   86.69
SPRINT (ATLANTA)   0.00   0.00   0.00   0.00   12,646.93   12,646.93
SPRINT (PO BOX 79255)   0.00   0.00   0.00   0.00   8,787.40   8,787.40
SPRINT CONFERENCING SERIVCES   102.66   0.00   0.00   0.00   0.00   102.66
VERIZON CALIFORNIA   1,687.17   0.00   20,114.94   0.00   0.00   21,802.11
XEROX CORPORATION   0.00   0.00   0.00   0.00   90.00   90.00
   
 
 
 
 
 
  TOTAL   9,566.56   3,024.17   20,114.94   0.00   344,643.55   377,349.22
   
 
 
 
 
 

Notes:

(1)
Lease

In re: eToys, Inc.   Case No. 01-00706 (MFW)
Reporting Period 10/01/01-10/31/01


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.








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: 10/01/01-10/31/01


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

 

11/16/01

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.


In re: eToys Distribution LLC   Case No. 01-00707 MFW
             Debtor   Reporting Period 10/01/01-10/31/01

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   27,651.82       27,651.82  

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           130,000.00       130,000.00  
INTEREST                   0.00  
TOTAL RECEIPTS   0.00   0.00   130,000.00       130,000.00  
DISBURSEMENTS                      
NET PAYROLL                   0.00  
                       
PAYROLL TAXES                   0.00  
SALES,USE,& OTHER TAXES                   0.00  
INVENTORY PURCHASES                   0.00  
SECURED/RENT/LEASES           (21,572.66 )     (21,572.66 )
INSURANCE                   0.00  
ADMINISTRATIVE           (67,353.46 )     (67,353.46 )
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                   0.00  
U.S. TRUSTEE QUARTERLY FEES           (3,750.00 )     (3,750.00 )
COURT COSTS                   0.00  
TOTAL DISBURSEMENTS   0.00   0.00   (92,676.12 )     (92,676.12 )
NET CASH FLOW   0.00   0.00   37,323.88       37,323.88  
CASH END OF MONTH   0.00   0.00   64,975.70       64,975.70  

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

THE FOLLOWING SECTION MUST BE COMPLETED

TOTAL DISBURSEMENTS     92,676.12
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     92,676.12

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 10/01/01-10/31/01

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   $ 64,975.70   $
BANK BALANCE   $ 71,553.27   $
(+) DEPOSITS IN TRANSIT (attach list)         0.00
(-) OUTSTANDING CHECKS (attach list)     (6,577.57 )   0.00
OTHER (attach list)            
ADJUSTED BANK BALANCE   $ 64,975.70   $

*
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
    30231     15.07   None                
    30232     2,812.50                        
    30233     3,750.00                        
                                   
                                   
                                   
                                   
                                   
                                   
                                   
                                   
                                   
                                   
Total Outstanding Checks       $ 6,577.57                        
OTHER                              

   

   

   

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


CASH DISBURSEMENTS
October 2001

Date

  Check
Number

  Name

  Amount
10/4/01   30218   AT&T     15.07
10/4/01   30219   FIRST PIEDMONT     3,828.08
10/4/01   30220   NATIONWIDE GUARD SERVICES     1,960.00
10/4/01   30221   PACIFIC BELL     299.33
10/9/01   30222   CURTIS MOVERS, INC     16,759.25
10/10/01   30223   ABH Staffing, Inc.     2,812.50
10/10/01   30224   ABH Staffing, Inc.     2,812.50
10/11/01   30225   CENTURY DISTRIBUTING COMPANY     2,025.00
10/12/01   30226   SHAPIRO LIVING TRUST     20,000.00
10/12/01   30227   SHAPIRO LIVING TRUST     1,572.66
10/12/01   30228   VOID:    
10/17/01   30229   DOMINION VIRGINIA POWER     31,201.66
10/17/01   30230   ABH Staffing, Inc.     2,812.50
10/26/01   30231   AT&T     15.07
10/26/01   30232   ABH Staffing, Inc.     2,812.50
10/31/01   30233   U.S. TRUSTEE     3,750.00
           
        TOTAL DISBURSEMENTS   $ 92,676.12
           

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

Statement of Operations (MOR-2)

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

UNAUDITED

 
  Mar 7 - Oct 31, '01
  Oct '01
Ordinary Income/Expense        
    Income        
      Liquidation Proceeds        
        Cancellation of Debt   11,554.62   11,554.62
        Loss on Disposal of Assets   -38,616,946.27   -308,238.16
        Other Income   838.20   0.00
        Refunds Received   3,330.35   180.03
        Liquidation Proceeds—Other   2,712,798.16   77,653.84
   
 
      Total Liquidation Proceeds   -35,888,424.94   -218,849.67
   
 
    Total Income   -35,888,424.94   -218,849.67
    Cost of Goods Sold        
      Cost of Goods Sold   2,044,470.55   0.00
   
 
    Total COGS   2,044,470.55   0.00
   
 
  Gross Profit   -37,932,895.49   -218,849.67
    Expense        
      Automobile Expense   715.53   0.00
      Dues and Subscriptions   22.56   0.00
      Equipment Leases   230,338.93   -149,189.38
      Equipment Rental   8,580.20   0.00
      Freight   274,576.82   0.00
      Miscellaneous   1,279.71   0.00
      Moving Expense   12,050.00   0.00
      Outside Services   4,237.60   835.72
      Payroll taxes   105,737.03   1,357.59
      Postage and Delivery   11,627.11   178.70
      Printing and Reproduction   33.44   0.00
      Rent   2,292,306.50   0.00
      Repairs        
        Computer Repairs   14,599.28   0.00
        Equipment Repairs   3,855.91   0.00
   
 
      Total Repairs   18,455.19   0.00
      Salaries & Wages        
        Vacation Expense   31,316.57   0.00
        Salaries & Wages—Other   1,330,051.56   31,305.89
   
 
      Total Salaries & Wages   1,361,368.13   31,305.89
      Security   130,109.24   1,960.00
      Supplies        
        Office   162.40   0.00
        Supplies—Other   33,417.58   0.00
   
 
      Total Supplies   33,579.98   0.00
      Taxes   11,743.15   0.00
      Telephone        
        Communications Expense   3,017.78   299.33
        Telephone—Other   52,769.86   15.07
   
 
      Total Telephone   55,787.64   314.40
      Temporary Help   107,889.76   11,250.00
      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 October 31, 2001 and One Month Ended October 31, 2001

UNAUDITED

Ordinary Income/Expense        
          Travel   2,178.82   0.00
          Travel & Ent—Other   562.34   0.00
   
 
      Total Travel & Ent   2,741.16   0.00
      Utilities        
          Gas and Electric   256,309.24   47,511.59
          Water & Trash   6,991.07   4,399.25
          Utilities—Other   24,464.40   0.00
   
 
      Total Utilities   287,764.71   51,910.84
   
 
  Total Expense   4,950,944.39   -50,076.24
   
 
  Net Ordinary Income (Loss)   -42,883,839.88   -168,773.43
  Other Income/Expense        
    Other Income        
      Interest Income   5,734.49   0.00
      Other Income   734.65   0.00
   
 
    Total Other Income   6,469.14   0.00
    Other Expense        
      Reorganization Expenses        
        Other Reorganization Expenses        
          Post-Petition Payments        
            Asset Management   64,830.80   0.00
            CLI Liquidation Expenses   139,173.75   38,784.25
   
 
          Total Post-Petition Payments   204,004.55   38,784.25
          Pre-Petition Payments        
            Employee Reimbursements   7,780.08   0.00
            Exp Charged—Sec Dep   1,052,398.00   0.00
            Other Critical Vendors   27,523.51   0.00
   
 
          Total Pre-Petition Payments   1,087,701.59   0.00
          Provision for Restructuring Chg   54,251,000.00   0.00
   
 
        Total Other Reorganization Expenses   55,542,706.14   38,784.25
        U.S. Trustees Fees   12,500.00   3,750.00
   
 
      Total Reorganization Expenses   55,555,206.14   42,534.25
   
 
    Total Other Expense   55,555,206.14   42,534.25
   
 
  Net Other Income   -55,548,737.00   -42,534.25
   
 
Net loss   -98,432,576.88   -211,307.68
   
 
    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 October 31, 2001
UNAUDITED

 
  Oct 31, '01
ASSETS    
  Current Assets    
      Checking/Savings    
        102000 — UBOC DIP ACCOUNT   64,975.70
   
      Total Checking/Savings   64,975.70
      Other Current Assets    
        Other Liquidated Debts    
          122500 — Employee Receivables   10,027.92
          129000 — A/R Other   4,635.04
          155000 — A/P Debit Balances   283,821.61
   
        Total Other Liquidated Debts   298,484.57
   
      Total Other Current Assets   298,484.57
   
  Total Current Assets   363,460.27
  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   1,433,137.47
        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   11,542,656.15
      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   54,430,557.44
  Other Assets    
      Intangible Assets    
        244000 — Lease/Loan Orig Fee   241,894.63
        244500 — Accum Amort Loan Fees   -46,627.37
   
    See accompanying notes to Financial Statements.   Page 1 of 2

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

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

    Total Intangible Assets   195,267.26
    Reserve for Restructuring   -53,945,448.03
    Security Deposits    
      241000 — Other Security Deposit   973,360.57
   
    Total Security Deposits   973,360.57
   
  Total Other Assets   -52,776,820.20
   
TOTAL ASSETS   2,017,197.51
   
LIABILITIES & EQUITY    
  Liabilities    
    Current Liabilities    
      Accounts Payable    
            Accounts Payable   93,579.56
   
      Total Accounts Payable   93,579.56
      Other Current Liabilities    
            Post-Petition Liabilities    
              ESPP Liab   -301.32
              I/C Due to eToys, Inc.   -12,882,529.12
              Other Payroll Withholdings   137.31
              Vacation Accrual   31,316.57
   
            Total Post-Petition Liabilities   -12,851,376.56
   
      Total Other Current Liabilities   -12,851,376.56
   
      Total Current Liabilities   -12,757,797.00
      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   48,026,535.20
              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   113,782,709.85
   
        Total Liabs Subject to Compromise   139,819,967.13
   
      Total Long Term Liabilities   139,819,967.13
   
    Total Liabilities   127,062,170.13
   
    Total Equity   -125,044,972.62
   
TOTAL LIABILITIES & EQUITY   2,017,197.51
   
    See accompanying notes to Financial Statements.   Page 2 of 2

In re: eToys Distribution LLC
Debtor
  Case No. 01-00707 (MFW)
Reporting Period: 10/1/01-10/31/01


Notes to Unaudited Financial Statements (MOR-2, 3)
As of October 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: 10/01/01- 10/31/01

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   6,455.92   6,455.92    10/5, 10/12, 10/19, 10/26   Note 1   0.00
FICA-Employee   0.00   1,357.59   1,357.59    10/5,10/12,10/19,10/26   Note 1   0.00
FICA-Employer   0.00   1,357.59   1,357.59    10/5,10/12,10/19,10/26   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   9,171.10   9,171.10           0.00
STATE AND LOCAL                        
Withholding   0.00   1,855.49   1,855.49    10/5,10/12,10/19,10/26   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   1,855.49   1,855.49           0.00
Total taxes   0.00   11,026.59   11,026.59           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   15,770.74   280.40       77,528.42   93,579.56  
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                       124,732.12  

    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).


BOE-401-A (FRONT)   P.O. BOX 3652       310-342-1000   STATE OF CALIFORNIA
REV. 119 (9-01)   CULVER CITY   CA 90231-3652       BOARD OF EQUALIZATION
STATE, LOCAL and DISTRICT SALES and USE TAX RETURN       BOARD USE ONLY
DUE ON OR BEFORE Oct 31, 2001 for Jul through Sep 2001   2301   RA-IT LOC REG
RA-BTR AACS REF
[FOID 6-973-630]   7       YOUR ACCOUNT NO.    
        SR   Y   AS   97-657200      4    
SC               EFT
                 
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
GLA

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

  1.   TOTAL (GROSS) SALES           1.   $552,000.00   PLEASE ROUND CENTS TO THE NEAREST WHOLE DOLLAR
  2.   PURCHASES SUBJECT TO USE TAX           2.   0.00    
  3.   TOTAL (add lines 1 and 2)           3.   552,000.00    
  4.   SALES TO OTHER RETAILERS FOR PURPOSES OF RESALE   50   $552,000.00            
  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) PARTIAL STATE TAX EXEMPTION                  

       You must complete BOE-531-T REV. 3 (9-01),  Box 60 Total Partial
 Schedule T and boxes 60 & 61 to claim a            Exemption
 partial exemption.                                                 60            .00
  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.   552,000.00    
  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    
DE 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
/s/ Barry Gold CEO   310-258-1677   10/30/01
PAID PREPARER'S PAID PREPARER'S NAME
USE ONLY
  PAID PREPARER'S TELEPHONE NUMBER   SC

Make a copy for your records.


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




  09/30/2001
54-1959013
  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 DISTRIBUTION LLC
12200 W. Olympic Blvd
Los Angeles CA 90064

 

 

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   191286.21
3.   Total income tax withheld from wages, tips, and sick pay       3   39390.65
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   39390.65
6.   Taxable social security wages   6a   $145532.41 × 12.4% (.124)=   6b   18046.02
    Taxable social security tips   6c   $0.00 × 12.4% (.124)=   6d   0.00
7.   Taxable Medicare wages and tips   7a   $191286.21 × 2.9% (.029)=   7b   5547.30
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   23593.32
9.   Adjustment of social security and Medicare taxes (see instructions for required explanation)            
    Sick Pay              +/- Fractions of Cents              -0.02 Other               9   -0.02
10.   Adjusted total of social security and Medicare taxes (line 8 as adjusted by line 9—see instructions)       10   23593.30
11.   Total taxes (add lines 5 and 10)       11   62983.95
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   62983.95
14.   Total deposits for quarter, including overpayment applied from a prior quarter       14   62983.95
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   10/31/01


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

 

11/15/2001 05:45:40 PM

SCHEDULE B
(FORM 941)
  Employer's Record of Federal Tax Liability  
OMB No. 1545-0029
(Rev January 1996)   See Circular E for more information about employment tax returns.    
Department of Treasury   5151    
Internal Rev Service   Attach to Form 941 or Form 941-SS.    
Name as shown on Form 941 (Form 941-SS)   Employer identification number   Date quarter ended
ETOYS DISTRIBUTION LLC   54-1959013   09/30/2001

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

 

12707.69

 

13

 

11443.78

 

20

 

8067.18

 

27

 

4098.14

 

 

 

 

7

 

 

 

14

 

 

 

21

 

 

 

28

 

 

 

 

 

 

A Total tax liability for first month of quarter

 

 

 

A

 

36516.79

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
B. Daily Tax Liability—Second Month of Quarter

1       8       15       22       29    

2

 

 

 

9

 

 

 

16

 

 

 

23

 

 

 

30

 

 

3

 

5248.11

 

10

 

2523.89

 

17

 

2371.48

 

24

 

2516.55

 

31

 

3013.93

4

 

 

 

11

 

 

 

18

 

 

 

25

 

 

 

 

 

 

5

 

 

 

12

 

 

 

19

 

 

 

26

 

 

 

 

 

 

6

 

 

 

13

 

 

 

20

 

 

 

27

 

 

 

 

 

 

7

 

 

 

14

 

 

 

21

 

 

 

28

 

 

 

 

 

 

B Total tax liability for second month of quarter

 

 

 

B

 

15673.96

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
C. Daily Tax Liability—Third 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

 

 

 

20

 

 

 

27

 

 

 

 

 

 

7

 

3614.40

 

14

 

2515.75

 

21

 

2460.53

 

28

 

2652.52

 

 

 

 

C Total tax liability for third month of quarter

 

 

 

C

 

10793.20
D Total for quarter (add lines A, B, and C). This should equal line 13 of Form 941   D   62983.95
For Paperwork Reduction Act Notice, see instructions.   Schedule B (Form 941)(Rev. 1-96)

Source Code = PNA

 

 

 

 

 

 

 

 

 

 

 

 

PowerTax Facsimile Tax Return Form: FED_B941

 

 

 

11/15/2001 05:45:40 PM

QUARTERLY CONTRIBUTION RETURN
EDD Serving the People of California   PLEASE TYPE THIS FORMDO NOT ALTER PREPRINTED INFORMATION     Approved Extension To  

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
 
09/30/2001
 

DUE
 
10/31/01
  DELINQUENT IF NOT POSTMARKED OR RECEIVED BY  
10/31/01
      2001   3

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

 

Employer Account No.
454-5688-6
E TOYS 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 12th day of the calendar month (enter numerals only). Please complete all fields. Blank fields will be identified as missing data.   1st
Month
  6   2nd
Month
  6   3rd
Month
  6
B.   TOTAL SUBJECT WAGES PAID THIS QUARTER   (B)   125445.69

C.

 

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

 

(C)

 

0.00

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

 

33,999.51

 

=

 

(D3)

 

33999.51

E.

 

EMPLOYER'S UI CONTRIBUTIONS

 

3.400  

 

% Times C

 

 

 

(E)

 

0.00

E1.

 

EMPLOYMENT TRAINING TAX

 

0.100  

 

% Times C

 

 

 

(E1)

 

0.00

F.

 

EMPLOYEE CONTRIBUTIONS (SDI)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(F1) SDI Employee Contribution

 

 

 

(F2) DI Previously Paid This Quarter

 

 

 

 

 

 

 

 

WITHHELD 0.900 % Times D2..

 

306.00

 

LESS

 

306.01

 

=

 

(F3)

 

-0.01

 

 

 

 

(G1) Total Employee PIT Withheld

 

 

 

(G2) PIT Previously Paid This Quarter

 

 

 

 

 

 

G.

 

CALIFORNIA PERSONAL INCOME TAX (PIT) WITHHELD

 

7,645.76

 

LESS

 

7,645.76

 

=

 

(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)

 

-0.01

K.

 

DI VOLUNTARY PLAN ASSESSMENT

 

0.000  

 

% Times DI

 

 

 

(K)

 

0.00

L.

 

TAXES DUE THIS QUARTER (Add Items J & K)

 

(L)

 

-0.01

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 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

 

10/31/01

/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   11/15/2001 05:45:40PM
CU-TA 198G

Employer's Contribution & Payroll Report—65-5300 (10-94)
Job Service of Iowa-1000 East Grand Avenue
Des Moines, Iowa 60319-0209
Telephone (515) 281-5339
  12.   Page   1   of   1
           
     

Payment Computation   (If no wages this quarter, see instructions)                    
1.   Total Wages (All Pages)   $0.00   13. Iowa Account Number
  For Months Of
  Qtr Yr
2.   Taxable Wages (All Pages)   $0.00   305547 2   JUL/AUG/SEP   3/01
3.   Contribution Due
(Item 2 X 0.01000)
  $0.00   Year
  Taxable Wage Base
  Contribution Rate
  Surcharge Rate
4.   Surcharge Due
(Item 2 X 0.00040)
  $0.00   2001   17,900.00   1.000%   0.040%
5.   Total lines 3 and 4   $0.00   Federal ID Number
  Delinquent After Date
6.   Interest Due (See Instructions)   $0.00   54-1959013   10/31/01
7.   Penalty Due (See Instructions)   $0.00   Employer Name & Address        
8.   Total Due (Items 5, 6 and 7)   $0.00                
9.   Amount Due from Previous Quarter   $0.00   ETOYS DISTRIBUTION LLC
12200 W. Olympic Blvd
Los Angeles
  CA 90064
10.   Credit Due from Previous Quarter   $0.00                
11.   Amount Paid   $0.00                
(Make check payable to Job Service of Iowa)                
If total due is less than $1.00, no payment is required.                

Payroll Listing   14. Check if payroll reporting is by:   /x/ magnetic tape   / / cartridge   / / diskette

   

15. Social Security Number   16. Last Name First Name MI   17. Total Wages Paid   18. Taxable Wages Paid
           

 
 
 
           

 
 
 
           

 
 
 
           

 
 
 

 

 

Wage Detail On Tape

 

 

 

 

 
 
 
           

 
 
 
           

 
 
 
           

 
 
 
           

 
 
 

 

 

      
19. Totals For This Page

 

0.00

 

0.00

   

Labor Market Information                       DEPARTMENTAL USE ONLY
Do not write in shaded area
                1st Month
  2nd Month
  3rd Month
   

20.

 

Each number of employees paid wages this quarter 
1

 

21.

 

Enter number of employees on the payroll during the pay period which includes the 12th day of each month of this quarter.

 

0

 

0

 

0

 

 

22.



 

Identify Iowa Worksites

 

23.

 

Amount of pay which exceeds regular and recurring payments to employees; such as bonus, executive pay, severence pay, etc.

 

 

 

 

 

 

 

 
    Single Worksite
County Number
  24.   If the number of employees increased or decreased during the quarter for any of the following reasons, please check the box(es) to indicate the reason(s).   1. / / seasonal change
2. / / labor dispute
  3. / / layoff
4. / / recall
  5. / / worksite opening
6. / / worksite closing
   
   For Multiple Worksites Complete the "Multiple Worksite Report". If not received, please call the telephone number at right.       If you have questions regarding Labor Market Information, please contact the Audit and Analysis Unit of Job Service of Iowa at 1-800-532-1249 (in Iowa) or 1-515-281-8415 (outside Iowa).    
F      E      C      R      FD    RTE      UNP   EC    CHG      LD                
25.   If there are any CHANGES in your FEDERAL ID NUMBER, ACCOUNT NAME, ADDRESS, OR OWNERSHIP please complete and return the "EMPLOYER'S NOTICE OF CHANGE".

I CERTIFY that this report is true and correct and that no part of the contribution was deducted from any employee's wages.

Print Preparer's Name

 

PROBUSINESS

 

Preparer's Telephone Number

 

 
   
     
Authorized Signature   /s/ E SLOUSTCHER     Title   PROBUSINESS/ATTORNEY-IN-FACT
   
     
Business Telephone   925-737-3151   Date   10/06/01
   
     
PowerTax Facsimile Tax Return Form: IA_655300   11/15/2001 05:45:47 PM

IOWA
department of Revenue and Finance
  Withholding Quarterly Return

   

5419590130014093001  9   1.   Total Tax Withheld This Quarter   0 00

 

 

2.

 

This Quarter's Monthly Deposits

 

0 00

Employer ID Number

 

Period Ending

 

3.

 

Less Adjustments/Credits

 

 
54-195901300  1   09/30/01            
    Due Date   4.   Balance Due    
    10/31/01       Subtract lines 2 and 3 from line 1   0 00
Name and Address   5.   Penalty    
ETOYS DISTRIBUTION LLC
12200 W. Olympic Blvd
  6.   Interest    
Los Angeles                            CA 90064   7.   Amount Due   0 00

   

Signature of Withholding Agent   /s/ E SLOUSTCHER     Date   10/31/01   MAKE CHECK PAYABLE TO
   
     
  TREASURER—STATE OF IOWA
Daytime Phone No.:   925-737-3151           44-095A (10/4/00)

PowerTax Facsimile Tax Return Form: IAY44095A

 

11/15/2001 05:45:48 PM

TAX020
(Rev. 3/1000)

STATE OF IDAHO - DEPARTMENT OF LABOR
EMPLOYER QUARTERLY
UNEMPLOYMENT INSURANCE TAX REPORT
  CASHIER
IDAHO DEPARTMENT OF LABOR
317 W MAIN STREET
BOISE IDAHO 83735-0610
Telephone: (208) 334-6318 or (800) 448-2977

STATE ACCOUNT NUMBER: 000200619 7
  
FEDERAL IDENTIFICATION NUMBER: 54-1959013
(Verify and make necessary corrections.)
1. LEGAL ENTITY NAME AND ADDRESS:
 
ETOYS DISTRIBUTION LLC
12200 W. Olympic Blvd
 
Los Angeles, CA 90064

 

SHOW BELOW ANY CHANGES IN NAME, MAILING ADDRESS OR OWNERSHIP TOGETHER WITH EFFECTIVE DATE.
  
NAME CHANGED TO:
  
NEW MAILING ADDRESS:
  
OWNERSHIP CHANGED:                  EFFECTIVE DATE:
  
NEW OWNERS:
  
CEASED OPERATIONS:                    EFFECTIVE DATE:
    

IMPORTANT: MAKE NO PRIOR QUARTER ADJUSTMENTS ON THIS REPORT.

 2.   DATE QUARTERLY TAX REPORT IS DUE:       10/31/01
 3.   YEAR WAGES WERE PAID:       2001
    CALENDAR QUARTER WAGES WERE PAID:       3RD
                CONTRIBUTION RATE + ADMINISTRATIVE RESERVE RATE + WORKFORCE DEVELOPMENT RATE =    
4.   TAX RATE:                   1.500       1.500%
5.   TOTAL GROSS WAGES PAID TO ALL EMPLOYEES THIS QUARTER. ENTER "0" IF NO EMPLOYMENT: (Should be the same as your Wage Report total.)        
        (Drop cents)   0.00
6.   WAGES PAID TO INDIVIDUAL WORKERS
THIS QUARTER IN EXCESS OF   $25,700.00
FOR THIS CALENDAR YEAR: (See Instructions.)
  (Drop cents)   0.00
7.   TAXABLE WAGES: (LINE 5 MINUS LINE 6)   (Drop cents)   0.00
8.   TAX DUE: (Multiply Line 7 by 1.500%)       0.00
          ENTER THE LARGER OF:        
9.   ADD            0.00% OF TAX DUE TIMES THE NUMBER OF MONTHS (OR PORTION THEREOF) AFTER DUE DATE    
    LATE      -OR-        
    PENALTY:            $0.00 TIMES THE NUMBER OF MONTHS (OR PORTION THEREOF) AFTER DUE DATE   0.00
10.   TOTAL DUE FOR THIS QUARTER: (LINE 8 PLUS LINE 9)       0.00
11.   PRIOR BALANCE: SUBTRACT CREDIT AND/OR ADD BALANCE DUE:
(ATTACH SUPPORTING DOCUMENTS.)
      0.00
12.   TOTAL AMOUNT DUE:                (Check box if payment was made by E.F.T.)
Make checks payable to: IDAHO DOL
      0.00
        1ST MONTH
IN QUARTER
  2ND MONTH
IN QUARTER
  3RD MONTH
IN QUARTER
13.   NUMBER OF WORKERS IN THE PAY PERIOD THAT INCLUDED
THE 12TH OF THE MONTH. IF NO EMPLOYEES, ENTER ZERO.
DO NOT LEAVE MONTHS BLANK.
  0   0   0
***   CHECK THE FOLLOWING BOX IF YOU HAVE SUBMITTED THE WAGE REPORT ON TAPE OR DISKETTE RATHER THAN ON THE REVERSE SIDE (FORM TAX026).           /x/
I CERTIFY THAT THE INFORMATION ON THIS REPORT IS TRUE AND CORRECT UNDER CRIMINAL PENALTY PROVISIONS OF THE IDAHO CODE SECTION 72-1371
      /s/ E SLOUSTCHER            10/06/01                                       925-737-3151
   Signature                                       Date                                      Phone Number
   

SUPPORT YOUR IDAHO NATIONAL GUARD AND RESERVES

    OFFICE USE ONLY
DATE RECEIVED OR POSTMARKED
 
 NO 26 / /
PowerTax Facsimile Tax Return Form: ID_020_026_00    
    11/15/2001    05:45:48 PM

PRO 958 IDAHO TAX WITHHOLDING RETURN

ACCOUNT NO.   FROM   TO
000811553   7-16-2001   10-15-2001
    RETURN DUE ON OR BEFORE
    10-31-2001

ETOYS DISTRIBUTION LLC
12200 W. Olympic Blvd
Los Angeles CA

MAIL TO: PO BOX 78 BOISE ID 83707-0076

/x/   Payment made by EFT           R002550
7-23-96
  E.C.   R.C.
/ /   Mailing address change   / /   Cancel Account            
1.   Idaho payroll   0    
2.   State tax withheld (first period)   0    
3.   State tax withheld (second period)   0    
4.   State tax withheld (last period)   0    
5.   Total tax withheld       0
6.   Payments       0
7.   Amount due       0
8.   Adjustments       0
9.   Penalty       0
10.   Interest       0
11.   Total due       0
541959013 000811553 ETOY 09 1001 S 58 8

I do hereby swear or affirm that information is true and correct to the best of my knowledge.
Authorized Signature                                      Date
/s/ E SLOUSTCHER                        10/31/2001

PowerTax Facsimile Tax Return Form: IDY958   11/15/2001 05:45:50

EMPLOYMENT SECURITY COMMISSION
OF NORTH CAROLINA
P.O. BOX 26504
RALEIGH, NC 27611-8504
  EMPLOYER'S QUARTERLY
TAX AND WAGE REPORT
  11111         

    QUARTER ENDING   DUE DATE   ACCOUNT NUMBER
      PLEASE TYPE THIS REPORT   09/30/2001   10/31/01   0238022
   
 
 
            QTR/YR
    TAX RATE   0.01200   3/01
       
 

              1ST MONTH
  2ND MONTH
  3RD MONTH
ETOYS DISTRIBUTION LLC
12200 W. Olympic Blvd
Los Angeles CA 90064
  1. NUMBER OF COVERED WORKERS WHO WORKED DURING OR RECEIVED PAY FOR THE PAYROLL PERIOD WHICH INCLUDES THE 12TH OF THE MONTH   0   0   0

 

 

 

 

2.

WAGES PAID THIS QUARTER SUBJECT TO THE LAW

 

0.00

 

 

 

 

 

 

 

 

 

 

 

 

3.

LESS: EXCESS WAGES

 

0.00

FOR AGENCY USE ONLY

 

4.

WAGES SUBJECT TO TAX

 

0.00

CK AMOUNT

 

DATE


 

COLL


 

INITIAL


 

5.

TAX DUE FOR THIS QUARTER

 

0.00
            YES
/ /
  NO
/ /
      6. INTEREST (.005 PER MONTH AFTER DUE DATE)   0.00

R/CK

 

LFP-W


 

 

 

LPP-W


 

 

 

7.

PENALTY—LATE FILING

 

0.00

THIS REPORT MUST BE FILED BY THE DUE DATE TO AVOID PENALTIES AND INTEREST

 

8.

PENALTY—LATE PAYMENT
54-1959013

 

0.00

 

 

 

 

 

 

 

 

 

 

 

 

9.

AMOUNT OF REMITTANCE PAYABLE TO:

 

0.00

 

 

 

 

 

 

 

 

 

 

 

 

EMPLOYMENT SECURITY COMMISSION

 

 

 

 

 

 

OUR RECORDS SHOW YOUR FEDERAL TAX NUMBER AS                     . IF INCORRECT, ENTER CORRECT

NUMBER HERE:                 . IF ANY CHANGES OCCURRED IN THE OWNERSHIP, TELEPHONE NUMBER OR ADDRESS, COMPLETE FORM NCUI 101-A.

    10. SOCIAL
SECURITY NUMBER

 
11. EMPLOYEE NAME

 
12. SEASONAL

  13. WAGES PAID
THIS QUARTER

                 
   
 
 
 
                 
   
 
 
 
                 
   
 
 
 
RETURN                
   
 
 
 
        Wage Detail On Tape        
   
 
 
 
THIS                
   
 
 
 
                 
   
 
 
 
FORM                
   
 
 
 
                 
   
 
 
 
                 
   
 
 
 
        14. PAGE TOTAL   0.00

THE INFORMATION CONTAINED IN THIS REPORT IS TRUE AND CORRECT TO THE BEST OF MY KNOWLEDGE


SIGNATURE
 
/s/ 
E SLOUSTCHER  
 
TITLE
 
PROBUSINESS/ATTORNEY-IN-FACT
  TELEPHONE NUMBER
925-737-3151
 
DATE
 
10/06/01
   
     
   
     
PowerTax Facsimile Tax Return Form: NC_10197   11/15/2001 05:45:54 PM

NC-5Q (97)
10-99
  Quarterly Income Tax Withholding Return
North Carolina Department of Revenue
   

Business Name and Address

 

Account ID

ETOYS DISTRIBUTION LLC   600268101

12200 W. OLYMPIC BLVD

 

 

 

Date Quarter Ended
        07 01 01

LOS ANGELES

 

CA 90064

 

Due Date
        09 30 01
For Semi-Weekly Payers    
1.   Total tax required to be withheld (From Line IV on reverse)   0 00
2.   Total payments to North Carolina for quarter   0 00
3.   If Line 1 is more than Line 2, subtract and enter underpayment   0 00
Do not send payment with this form. Payment must
be accompanied by Form NC-5PX Payment Voucher.
   
4.   If Line 1 is less than Line 2, subtract and enter overpayment. The overpayment will be refunded as soon as possible    

MAIL TO: North Carolina Department of Revenue, Post Office Box 25000, Raleigh, North Carolina 27640-0605

Signature:   /s/ E SLOUSTCHER     Date:   10 31 2001
   
     
I certify that, to the best of my knowledge, this return is accurate and complete.
Title:   PROBUSINESS/ATTORNEY-IN-FACT   Phone:   925 737 3151
   
     
PowerTax Facsimile Tax Return Form: NC_NC5Q_00   11/15/2001 05:45:54 PM

VIRGINIA EMPLOYMENT COMMISSION
EMPLOYER'S QUARTERLY TAX REPORT
09302001OC      32001000616400502500000000000

ETOYS DISTRIBUTION LLC

 


12200 W. Olympic Blvd  
    00200616400532001
Los Angeles CA 90064
   
TAX REPORT FOR QUARTER ENDING   SEP 30, 2001   TO AVOID PENALTY FILE REPORT BY   OCT 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).   23   2   0

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.

 

6584052

 

 

2.

 

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

 

6584052

 

 

3.

 

WAGES subject to tax. Line 1 minus line 2.

 

000

 

 

4.

 

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

 

000

 

 

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, 6, 7 & 8. Subtract line 5). Mail your check, coupon, and this report to VEC, P.O. Box 27483, Richmond, VA 23261-7483.

 

000

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

 

  10/08/01  

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

 

11/15/2001    05:45:58

 
   
   

In re: eToys Distribution LLC

 

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

 

Case No. 01-00707 (MFW)
 
  Current
  1-30
  31-60
  61-90
  >90
  TOTAL
ADELPHIA   0.00   0.00   0.00   0.00   3.06   3.06
ASCOM HASLER LEASING   0.00   0.00   0.00   0.00   585.04   585.04
ASCOM HASLER MAILING SYSTEMS, INC.   0.00   178.70   0.00   0.00   0.00   178.70
BTI   0.00   0.00   0.00   0.00   4,076.97   4,076.97
DOMINION VIRGINIA POWER   15,206.74   0.00   0.00   0.00   0.00   15,206.74
FIRST PIEDMONT   564.00   0.00   0.00   0.00   0.00   564.00
HIGHLAND PAGING, INC.   0.00   0.00   0.00   0.00   461.13   461.13
HOMESTEAD MATERIALS HANDLING   0.00   0.00   0.00   0.00   3,018.89 (1) 3,018.89
LEASING TECHNOLOGIES INT'L, INC.   0.00   0.00   0.00   0.00   39,190.00 (1) 39,190.00
PACIFIC BELL   0.00   0.00   0.00   0.00   382.97   382.97
RAYMOND LEASING CORPORTATION   0.00   0.00   0.00   0.00   27,958.79 (1) 27,958.79
RUSSELL A. FARROW LTD   0.00   0.00   0.00   0.00   265.50   265.50
VERIZON—PO BOX 17398   0.00   0.00   0.00   0.00   43.14   43.14
VERIZON—PO BOX 17577   0.00   0.00   0.00   0.00   52.73   52.73
WASTE MANAGEMENT   0.00   101.70   0.00   0.00   0.00   101.70
XEROX CORPORATION   0.00   0.00   0.00   0.00   1,490.20 (1) 1,490.20
   
 
 
 
 
 
TOTAL   15,770.74   280.40   0.00   0.00   77,528.42   93,579.56
   
 
 
 
 
 

Notes:


(1)
Lease—Of the $77,528.42 in the > 90 day column, $71,657.88 represents post-petition lease payments which are the subject of ongoing negotiations and motions for allowance of administrative claims.

Page 1 of 1


In re: eToys Distribution LLC   Case No. 01-00707 (MFW)
             Debtor   10/01/01-10/31/01

MOR-5
ACCOUNTS RECEIVABLE RECONCILIATION AND AGING

Accounts Receivable Reconciliation

  Amount
Total Accounts Receivable at the beginning of the reporting period   $ 299,376.24
(+) Amounts billed during the period      
(-) Amounts collected during the period (Note 1)   $ 891.67
Total Accounts Receivable at the end of the reporting period   $ 298,484.57

Accounts Receivable Aging

  Amount
0-30 days old      
31-60 days old   $
61-90 days old   $
91 + days old   $ 298,484.57
Total Accounts Receivable   $ 298,484.57
Amount considered uncollectible (Bad Debt)      
Accounts Receivable (Net)   $ 298,484.57

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 October 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.













UNITED STATES BANKRUPTCY COURT
DISTRICT OF DELAWARE

In re: eKids, Inc.   Case No. 01-00708 (MFW)
Reporting Period: 10/01/01-10/31/01

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   Not Applicable    
  Bank Reconciliation (or copies of debtor's bank reconciliations)   MOR-1 (CON'T)   Not Applicable    
  Copies of bank statements       Not Applicable    
  Cash disbursements journals       Not Applicable    
Statement of Operations   MOR-2   Not Applicable    
Balance Sheet   MOR-3   Not Applicable    
Status of Postpetition Taxes   MOR-4   Not Applicable    
  Copies of IRS Form 6123 or payment receipt       Not Applicable    
  Copies of tax returns filed during reporting period       Not Applicable    
Summary of Unpaid Postpetition Debts   MOR-4   Not Applicable    
  Listing of aged accounts payable       Not Applicable    
Accounts Receivable Reconciliation and Aging   MOR-5   Not Applicable    
Debtor Questionnaire   MOR-5   Not Applicable    

    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

 

 

 

11/16/01

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.


eKids, Inc., debtor herein, is a holding company formed to hold certain intellectual property assets. As reflected on the Schedules of Assets and Liabilities filed with the Bankruptcy Court, Debtor has no checking accounts, no accounts receivable and the intellectual property assets which were to be held by Debtor were never transferred to Debtor nor recorded on its books and records. The Debtor is a non-operating entity, and therefore, all documents required by the Office of the united States Trustee for its Monthly Operating Report are not applicable and have been marked accordingly.


In re: eKids, Inc.   Case No. 01-00708 (MFW)
    Debtor   Reporting Period 10/01/01-10/31/01

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.

 
   
   
   
  Total
CASH BEGINNING OF MONTH   NOT APPLICABLE           0.00
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—UK               0.00
TRANSFERS FROM PRE-PETITION               0.00
TRANSFERS FROM eTOYS INC DIP