-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, UkjfdgOz7eAEpyAK4bqyEGmm+rKhoM9sXMEmurBaNyFTpXwq+4fKP0rMOqznV9uO zzDnenoPSmX3/hghBjMJ/w== 0001072613-03-001592.txt : 20030930 0001072613-03-001592.hdr.sgml : 20030930 20030930170903 ACCESSION NUMBER: 0001072613-03-001592 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030930 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20030930 FILER: COMPANY DATA: COMPANY CONFORMED NAME: INSILCO HOLDING CO CENTRAL INDEX KEY: 0001068049 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC CONNECTORS [3678] IRS NUMBER: 060635844 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-24813 FILM NUMBER: 03918250 BUSINESS ADDRESS: STREET 1: 425 METRO PL N STREET 2: 5TH FL CITY: DUBLIN STATE: OH ZIP: 43017 BUSINESS PHONE: 6147920468 MAIL ADDRESS: STREET 1: 425 METRO PLACE NORTH STREET 2: FIFTH FLOOR CITY: DUBLIN STATE: OH ZIP: 43017 8-K 1 form8-k_12233.txt INSILCO HOLDING CO. FORM 8-K ================================================================================ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 DATE OF REPORT: SEPTEMBER 30, 2003 INSILCO HOLDING CO. - -------------------------------------------------------------------------------- (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER) Delaware 0-24813 06-1158291 -------- ------- ---------- (STATE OR OTHER JURISDICTION OF (COMMISSION (IRS EMPLOYER INCORPORATION OR ORGANIZATION) FILE NO.) IDENTIFICATION NUMBER) 425 Metro Place North Fifth Floor Dublin, Ohio 43017 (614) 792-0468 -------------------------------------------------- (ADDRESS, INCLUDING ZIP CODE, AND TELEPHONE NUMBER INCLUDING AREA CODE OF REGISTRANT'S PRINCIPAL EXECUTIVE OFFICES) ================================================================================ ITEM 5. OTHER EVENTS. On December 16, 2002, Insilco Holding Co., a Delaware corporation ("Holdings"), the parent Company of Insilco Technologies, Inc., a Delaware corporation ("Insilco"), Insilco and seven of Insilco's subsidiaries, Insilco International Holding, Inc., a Delaware corporation, Precision Cable Mfg. Co. Inc., a Texas corporation, Stewart Stamping Corporation, a Delaware corporation, InNet Technologies, Inc., a California corporation, Stewart Connector Systems, Inc. a Pennsylvania corporation, Eyelets For Industry, Inc., a Connecticut corporation, and its subsidiary EFI Metal Forming, Inc., a Connecticut corporation and Signal Transformer Co., Inc., a Delaware corporation and its subsidiary Signal Caribe, Inc., a Delaware corporation, filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code with the United States Bankruptcy Court for the District of Delaware, Case No. 02-13672. Pursuant to the procedure prescribed in Staff Legal Bulletin No. 2, on December 20, 2002, Holdings sought a no-action position from the Staff of the Commission that would permit Holdings to file, under cover of a Current Report on Form 8-K, its periodic financial reports filed with the Bankruptcy Court, as well as other information concerning developments in its bankruptcy proceedings in lieu of filing its annual and quarterly reports under the Securities Exchange Act of 1934. Holdings would continue to comply with all other requirements of the Exchange Act, including (but not limited to) Section 14A regarding the solicitation of proxies. The Staff granted the no-action position request on March 18, 2003. Therefore, in conformity with the provisions of Staff Legal Bulletin No. 2, Holdings files herewith its financial report, for the period ended August 22, 2003, filed with the Bankruptcy Court on September 30, 2003 (the "Report"). THE REPORT CONTAINS FINANCIAL STATEMENTS AND OTHER FINANCIAL INFORMATION THAT HAVE NOT BEEN AUDITED OR REVIEWED BY INDEPENDENT ACCOUNTANTS, ARE NOT PRESENTED IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, AND MAY BE SUBJECT TO FUTURE RECONCILIATION AND ADJUSTMENTS. THE FINANCIAL INFORMATION INCLUDED IN THIS REPORT IS ONLY REPRESENTATIVE OF THE FILING COMPANIES AS LISTED ABOVE. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS. (c) Exhibits. EXHIBIT NO. DESCRIPTION ----------- ----------- 99 (a) Transmittal of Financial Reports with Operating Requirements for the period ended August 22, 2003. 2 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. INSILCO HOLDING CO. Registrant Date: September 30, 2003 By: /s/ CAROL G. STEBBINS --------------------- Carol G. Stebbins President 3 EXHIBIT INDEX EXHIBIT NO. DESCRIPTION - ----------- ----------- 99 (a) Transmittal of Financial Reports with Operating Requirements for the period ended August 22, 2003. 4 EX-99.(A) 3 exh99_12233.txt TRANSMITTAL OF FINANCIAL REPORTS EXHIBIT 99(a) ------------- UNITED STATES BANKRUPTCY COURT DISTRICT OF DELAWARE In Re Insilco Technologies, Inc., et al. Case No. 02-13672 Debtors Fiscal Month from July 26 to August 22, 2003 for the Reporting Period August 1, to August 31, 2003 MONTHLY OPERATING REPORT ------------------------ File with Court and submit copy to United States Trustee within 30 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 X (Exh. A) - ----------------------------------------------------------------------------------------------------------------------------------- Bank Reconciliation (or copies of debtor's bank reconciliations) X (Exh. B) - ----------------------------------------------------------------------------------------------------------------------------------- Copies of Bank Statements X - ----------------------------------------------------------------------------------------------------------------------------------- Cash disbursements journals see cash rec/disb - ----------------------------------------------------------------------------------------------------------------------------------- Statement of Operations X (Exh. C) - ----------------------------------------------------------------------------------------------------------------------------------- Balance Sheet X (Exh. D) - ----------------------------------------------------------------------------------------------------------------------------------- Status of Postpetition Taxes X - ----------------------------------------------------------------------------------------------------------------------------------- Copies of IRS Form 6123 or payment receipt see tax attestation - ----------------------------------------------------------------------------------------------------------------------------------- Hard Copies of tax returns filed during reporting period have been X - ----------------------------------------------------------------------------------------------------------------------------------- provided to the U.S. Trustee. They are available upon request. X (Exh. E) - ----------------------------------------------------------------------------------------------------------------------------------- Summary of Unpaid Postpetition Debts MOR - 4 X (Exh. E) - ----------------------------------------------------------------------------------------------------------------------------------- Accounts Receivable Reconciliation and Aging MOR - 5 X (Exh. F) - ----------------------------------------------------------------------------------------------------------------------------------- Debtor Questionnaire MOR - 5 X (Exh. G) - -----------------------------------------------------------------------------------------------------------------------------------
Insilco International Holding Company (02-13674) is a holding company and Signal Caribe (02-13680) is a nonoperating company and thus there is no activity to report for these two companies. The following companies were sold in March 2003 and thus have no activity for the current or future reporting periods: Precision Cable Manufacturing 02-13675 Stewart Stamping Corporation 02-13678 EFI Metal Forming, Inc. 02-13677 Eyelets for Industry, Inc. 02-13676 Stewart Connector Systems 02-13679 Signal Transformer Co. Inc. 02-13681 InNet Technologies 02-13673 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/ CAROL STEBBINS 9/30/03 - ------------------------------------------------- ---------------------- Signature of Authorized Individual* Date President and Secretary - ------------------------------------------------- ------------------------- Printed Name of Authorized Individual 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. Page 1 of 20 Case No. 02-13672 Fiscal Month from July 26 to August 22, 2003 for the Reporting Period August 1, to August 31, 2003 ================================================================================ INSILCO TECHNOLOGIES, INC., ET AL. Tab Description --- ----------- A - Schedule of Cash Receipts and Disbursements B - Bank Reconciliations and Statements C - Statement of Operations D - Balance Sheet E - Status of Postpetition Taxes / Summary of Unpaid Postpetition Debts F - Accounts Receivable Reconciliation and Aging G - Debtor Questionnaire Page 2 of 20 EXHIBIT A In Re Insilco Technologies, Inc. et al. Case No. 02-13672 All Debtors Fiscal Month from July 26 to August 22, 2003 for the Reporting Period August 1, to August 31, 2003
- ----------------------------------------------------------------------------------------------- WEEKLY CASH FLOW - ----------------------------------------------------------------------------------------------- US LOCATIONS A A A Week number 31 32,33 34 Date 8/1/2003 8/15/2003 8/22/2003 =============================================================================================== BEGINNING CASH BALANCE 5,348 5,307 4,702 Collections - ----------- Trade receipts - - - Other - 1 - - ----------------------------------------------------------------------------------------------- Total Collections - 1 - - ----------------------------------------------------------------------------------------------- CASH AVAILABLE 5,348 5,308 4,702 Disbursements * - --------------- Payroll - - - Benefits - - - Inventory Purchases - - - General Cash Disbursements - - - Deposits - - - Critical Vendor Payments - - - Capital expenditures - - - Other - - - ------------------------------------------ Subtotal Operating Expenses - - - Professional fees On-Going (13) - - Debtor's Professionals - - (182) Unsecured Professionals - - (272) ------------------------------------------ Subtotal (13) - (454) ------------------------------------------ Bank Professionals - - - Restructuring costs - - - Taxes - 1,408 - Intercompany transfers out - - - Intercompany transfers in - - - Cash zeroing due to Sales - - - Corp. Funding of A/P Checks after Sales - - - O/S checks passed to corp to be cashed - - - Debt service - (2,000) - - ----------------------------------------------------------------------------------------------- Total disbursements (13) (592) (454) - ----------------------------------------------------------------------------------------------- Wind-down costs Medical/Dental - (1) - Wind-down costs Severance - - - Wind-down other (28) (13) (398) ENDING CASH 5,307 4,702 3,850 ===============================================================================================
* On a book basis, i.e. includes checks written not cashed. Page 4 of 20 THERE IS NO ACTIVITY TO REPORT FOR NON-DEBTOR INTERCOMPANY ACCOUNTS AS ALL COMPANIES WITH NON-DEBTOR INTERCOMPANY ACCOUNTS WERE SOLD IN MARCH 2003. Page 5 of 20 EXHIBIT B
UNITED STATES BANKRUPTCY COURT DISTRICT OF DELAWARE In Re: Insilco Technologies, Inc. et al. Case No. 02-13672 Debtors Fiscal Month from July 26 to August 22, 2003 for the Reporting Period August 1, to August 31, 2003 STATEMENT DATE LAST BANK /ADDRESS ENTITY CASE NUMBER STATUS NUMBER TYPE OF ACCOUNT REC'D RECONCILED --------------------- Bank One N.A. Insilco Technologies 02-13672 Open 55-55930 Master Concentration 6/03 6/03 1 Bank One Plaza Inc. --------------------- Chicago, IL 60670 --------------------- Contact: Vernon Wright Insilco Technologies 02-13672 Open 633550926 Pension Payroll Account 6/03 6/03 Inc. --------------------- --------------------- Insilco Technologies 02-13672 Open 633551221 Control Disbursement Account 6/03 6/03 Inc. - Post Petition --------------------- --------------------- Insilco Technologies 02-13672 Closed 633549498 Contol Disbursement Account N/A N/A Inc. - Pre-Petition --------------------- --------------------- Insilco Technologies 02-13672 Open 633549480 Total Pay account - payroll 6/03 6/03 Inc. --------------------- --------------------- Insilco Holding Co 02-13671 Open 637184318 Control Disbursement Account 6/03 6/03 - Post Petition --------------------- --------------------- Insilco Holding Co 02-13671 Closed 632989786 Contol Disbursement Account N/A N/A - Pre-Petition --------------------- --------------------- Fifth Third Bank Insilco Technologies 02-13672 Open 755-53849 Deposit Account 6/03 6/03 420 Metro Place South Inc. --------------------- Dublin, Oh 43017
Page 7 of 20 EXHIBIT C UNITED STATES BANKRUPTCY COURT DISTRICT OF DELAWARE In Re: Insilco Technologies, Inc. et al. Case No. 02-13672 Debtors Fiscal Month from July 26 to August 22, 2003 for the Reporting Period August 1, to August 31, 2003 US LOCATIONS (WOUT MEXICO, DR AND CHINA) CONSOLIDATING STATEMENT OF OPERATIONS - CURRENT MONTH AUGUST 2003 (AMOUNTS IN THOUSANDS) (UNAUDITED)
02-13672 02-13671 CONSOL. TOTAL INSILCO CORPORATE ENTRIES INSILCO HOLD CO HOLDING CO. --------- ------- ------- ------- ----------- GROSS SALES Intercompany Sales Sales Discounts Sales Returns ----------------------------------------------------------------------------------------- Net Sales VARIABLE MFG. EXPENSES: Material Direct Labor Variable Fringe Variable overhead Warranty Other ----------------------------------------------------------------------------------------- Total Variable Mfg Exp. Mfg. Contribution Margin Contribution % #DIV/0! Inventory Adjustment FIXED MFG. EXPENSES: Wage Fixed Fringe Supplies Utilities Depreciation Rent, Taxes, & Ins. Other COS Adjustments ----------------------------------------------------------------------------------------- Total Fixed Mfg. Exp. ----------------------------------------------------------------------------------------- Total Cost of Goods Sold ----------------------------------------------------------------------------------------- Gross Margin SELLING, G, & A: Sales Commissions Advertising & Promo (Var) Engineering Sales & Marketing - Fixed New Product Development Finance 543 543 543 MIS 13 13 13 Admin & Executive (18) (18) (18) Legal Human Resources Depreciation Amortization Group Charge Allocation Other S, G, & A Adjustments ----------------------------------------------------------------------------------------- Total Selling, G, & A 538 538 538 ----------------------------------------------------------------------------------------- Adjusted Operating Profit (538) (538) (538)
Page 9 of 20 UNITED STATES BANKRUPTCY COURT DISTRICT OF DELAWARE In Re: Insilco Technologies, Inc. et al. Case No. 02-13672 Debtors Fiscal Month from July 26 to August 22, 2003 for the Reporting Period August 1, to August 31, 2003 US LOCATIONS (WOUT MEXICO, DR AND CHINA) CONSOLIDATING STATEMENT OF OPERATIONS - CURRENT MONTH AUGUST 2003 (AMOUNTS IN THOUSANDS) (UNAUDITED)
02-13672 02-13671 CONSOL. TOTAL INSILCO CORPORATE ENTRIES INSILCO HOLD CO HOLDING CO. --------- ------- ------- ------- ----------- One Time Adjustments ----------------------------------------------------------------------------------------- Operating Profit (1,198) (1,198) (1,198) OTHER INCOME: Interest Inc. - outside 1,455 1,455 1,455 Gain on sale of assets Income - unconsol. co. Other Income (50) (50) (50) ----------------------------------------------------------------------------------------- Total Other Income 1,405 1,405 1,405 OTHER EXPENSE: Interest Exp. - outside 13 13 13 Amortization Other Expense ----------------------------------------------------------------------------------------- Total Other Expense 13 13 13 Reorganization Items Extraordinary Item ----------------------------------------------------------------------------------------- Total Other Inc. (Exp) 1,392 1,392 1,392 ----------------------------------------------------------------------------------------- Earnings before taxes 194 194 194 ----------------------------------------------------------------------------------------- STATE & FEDERAL TAXES: State taxes Federal taxes Foreign taxes ----------------------------------------------------------------------------------------- Total Taxes #DIV/0! #DIV/0! ----------------------------------------------------------------------------------------- Income before Interco. 194 194 194 INTERCOMPANY ACTIVITY: Capital charge Corporate charges ----------------------------------------------------------------------------------------- Total Interco. ----------------------------------------------------------------------------------------- Earnings from Cont. Op. 194 194 194 ----------------------------------------------------------------------------------------- Discontinued Operations ----------------------------------------------------------------------------------------- Total Current Earnings 194 194 194 ========================================================================================= Note: Adjusted EBITDA (538) (538) (538)
Page 10 of 20 EXHIBIT D UNITED STATES BANKRUPTCY COURT DISTRICT OF DELAWARE In Re: Insilco Technologies, Inc. et al. Case No. 02-13672 Debtors Fiscal Month from July 26 to August 22, 2003 for the Reporting Period August 1, to August 31, 2003 US LOCATIONS (WOUT MEXICO, DR AND CHINA) PRELIMINARY CONSOLIDATING BALANCE SHEET AUGUST 2003 (AMOUNTS IN THOUSANDS) (UNAUDITED)
02-13672 02-13675 02-13678 02-13677 02-13676 02-13679 ESCOD PRECISION PRECISION Cust. Assem. STEWART ITG - Prec. Stamp. CONSOL. CABLE ELIMS ELIMS STAMPING EL PASO EFI Elims CONNECTOR ------- ----- ----- ----- -------- ------- --- ----- --------- ASSETS Current Assets: Cash in bank & on hand Accounts Rec. - trade Reserve for bad debts ------------------------------------------------------------------------------------------- Accounts receivable - net Accounts rec. - other Inventories: Raw Materials & suppl. Work-in-process Finished Goods Reserve ------------------------------------------------------------------------------------------- Total Inv. ------------------------------------------------------------------------------------------- Assets - Held For Sale Prepaid Expenses ------------------------------------------------------------------------------------------- Total Current Assets ------------------------------------------------------------------------------------------- Property Plant & Equipment: Land Buildings Machinery & Equipment ------------------------------------------------------------------------------------------- Depreciation ------------------------------------------------------------------------------------------- Prop Plant & Equip -net Intangible Assets Deferred Charges Deferred Tax Asset Investment in uncon. Com. Other non-current assets ------------------------------------------------------------------------------------------- TOTAL ASSETS =========================================================================================== LIABILITIES AND EQUITY Current Liabilities: Accounts Payable Accrued Expenses Accrued Expenses - corp. Accrued Interest Payable Customer Deposits Current Portion - LT Debt Current Portion - OLTL CP Prepetition Liabilities Estimated Income Taxes ------------------------------------------------------------------------------------------- Total Current Liabilities ------------------------------------------------------------------------------------------- Long Term Debt: Notes Payable Alternative Currency Borr. Revolver credit line Term A Loan Term B Loan 12% Sub. Notes 14% Notes - Holdings Other Notes ------------------------------------------------------------------------------------------- Total Long Term Debt ------------------------------------------------------------------------------------------- Tax Liability LT Prepetition Liabilities Other Long Term Liabilities Intercompany Debt: Interco. Payable - affiliate Interco. Payable - corporate ------------------------------------------------------------------------------------------- Total Interco. Debt ------------------------------------------------------------------------------------------- 02-13673 02-13681/02-13680 CONNECTOR CONNECTOR INNET INNET/CONN SIGNAL SIGNAL Passive Comp. ELIMS ELIMS INNET ELIMS ELIMS CONSOL. ELIMS ELIMS ----- ----- ----- ----- ----- ------- ----- ----- ASSETS Current Assets: Cash in bank & on hand Accounts Rec. - trade Reserve for bad debts ---------------------------------------------------------------------------- Accounts receivable - net Accounts rec. - other Inventories: Raw Materials & suppl. Work-in-process Finished Goods Reserve ---------------------------------------------------------------------------- Total Inv. ---------------------------------------------------------------------------- Assets - Held For Sale Prepaid Expenses ---------------------------------------------------------------------------- Total Current Assets ---------------------------------------------------------------------------- Property Plant & Equipment: Land Buildings Machinery & Equipment ---------------------------------------------------------------------------- Depreciation ---------------------------------------------------------------------------- Prop Plant & Equip -net Intangible Assets Deferred Charges Deferred Tax Asset Investment in uncon. Com. Other non-current assets ---------------------------------------------------------------------------- TOTAL ASSETS ============================================================================ LIABILITIES AND EQUITY Current Liabilities: Accounts Payable Accrued Expenses Accrued Expenses - corp. Accrued Interest Payable Customer Deposits Current Portion - LT Debt Current Portion - OLTL CP Prepetition Liabilities Estimated Income Taxes ---------------------------------------------------------------------------- Total Current Liabilities ---------------------------------------------------------------------------- Long Term Debt: Notes Payable Alternative Currency Borr. Revolver credit line Term A Loan Term B Loan 12% Sub. Notes 14% Notes - Holdings Other Notes ---------------------------------------------------------------------------- Total Long Term Debt ---------------------------------------------------------------------------- Tax Liability LT Prepetition Liabilities Other Long Term Liabilities Intercompany Debt: Interco. Payable - affiliate Interco. Payable - corporate ---------------------------------------------------------------------------- Total Interco. Debt ---------------------------------------------------------------------------- 02-13672 02-13671 CONSOL. TOTAL INSILCO CORPORATE ENTRIES INSILCO HOLD CO HOLDING CO. --------- ------- ------- ------- ----------- ASSETS Current Assets: Cash in bank & on hand 3,850 3,850 3,850 Accounts Rec. - trade Reserve for bad debts -------------------------------------------------------- Accounts receivable - net Accounts rec. - other 209 209 209 Inventories: Raw Materials & suppl. Work-in-process Finished Goods Reserve -------------------------------------------------------- Total Inv. -------------------------------------------------------- Assets - Held For Sale Prepaid Expenses 5,109 5,109 5,109 -------------------------------------------------------- Total Current Assets 9,168 9,168 9,168 -------------------------------------------------------- Property Plant & Equipment: Land Buildings Machinery & Equipment 284 284 284 -------------------------------------------------------- 284 284 284 Depreciation (54) (54) (54) -------------------------------------------------------- Prop Plant & Equip -net 230 230 230 Intangible Assets 689 689 689 Deferred Charges Deferred Tax Asset Investment in uncon. Com. 5,283 (5,284) (1) (1) Other non-current assets -------------------------------------------------------- TOTAL ASSETS 15,370 (5,284) 10,086 10,086 ======================================================== LIABILITIES AND EQUITY Current Liabilities: Accounts Payable Accrued Expenses 24,810 24,810 24,810 Accrued Expenses - corp. Accrued Interest Payable 19,313 19,313 19,313 Customer Deposits Current Portion - LT Debt Current Portion - OLTL 825 825 825 CP Prepetition Liabilities Estimated Income Taxes 6,813 6,813 6,813 -------------------------------------------------------- Total Current Liabilities 51,761 51,761 51,761 -------------------------------------------------------- Long Term Debt: Notes Payable Alternative Currency Borr. Revolver credit line 37,338 37,338 37,338 Term A Loan Term B Loan 47,512 47,512 47,512 12% Sub. Notes 115,865 115,865 115,865 14% Notes - Holdings 124,901 124,901 Other Notes 15,000 15,000 15,000 -------------------------------------------------------- Total Long Term Debt 213,715 213,715 124,901 338,616 -------------------------------------------------------- Tax Liability 2,374 2,374 2,374 LT Prepetition Liabilities 10,091 10,091 10,091 Other Long Term Liabilities 20,265 20,265 20,265 Intercompany Debt: Interco. Payable - affiliate 1,345 1,345 (1,613) (268) Interco. Payable - corporate -------------------------------------------------------- Total Interco. Debt 1,345 1,345 (1,613) (268) --------------------------------------------------------
Page 12 of 20 UNITED STATES BANKRUPTCY COURT DISTRICT OF DELAWARE In Re: Insilco Technologies, Inc. et al. Case No. 02-13672 Debtors Fiscal Month from July 26 to August 22, 2003 for the Reporting Period August 1, to Agust 31, 2003 US LOCATIONS (WOUT MEXICO, DR AND CHINA) PRELIMINARY CONSOLIDATING BALANCE SHEET AUGUST 2003 (AMOUNTS IN THOUSANDS) (UNAUDITED)
02-13672 02-13675 02-13678 02-13677 02-13676 02-13679 ESCOD PRECISION PRECISION Cust. Assem. STEWART ITG - Prec. Stamp. CONSOL. CABLE ELIMS ELIMS STAMPING EL PASO EFI Elims CONNECTOR ------- ----- ----- ----- -------- ------- --- ----- --------- PIK Preferred Stock Shareholders Equity: Capital Stock Capital Surplus Oth. Comprehensive Income Cumulative Translation Adj Retained Earnings: Beginning Balance (4,989)(49,053) (673) (79) 1,912 (3,454)(12,950) (77) 3,723 Beg. Bal. Adjustment 5,757 50,432 673 38 465 3,460 14,278 (3,591) Current Earnings (768) (1,379) 41 (2,377) (6) (1,328) 77 (132) ------------------------------------------------------------------------------------------- Retained Earnings ------------------------------------------------------------------------------------------- Total Shareholders Eq. ------------------------------------------------------------------------------------------- Total Liab. & Equity =========================================================================================== 02-13673 02-13681/02-13680 CONNECTOR CONNECTOR INNET INNET/CONN SIGNAL SIGNAL Passive Comp. ELIMS ELIMS INNET ELIMS ELIMS CONSOL. ELIMS ELIMS ----- ----- ----- ----- ----- ------- ----- ----- PIK Preferred Stock Shareholders Equity: Capital Stock Capital Surplus Oth. Comprehensive Income Cumulative Translation Adj Retained Earnings: Beginning Balance (265) (47) (50,811) (88) (29) 3,618 Beg. Bal. Adjustment 142 51,996 91 246 (5,220) 94 Current Earnings 123 47 (1,185) (3) (217) 1,602 (94) ---------------------------------------------------------------------------- Retained Earnings ---------------------------------------------------------------------------- Total Shareholders Eq. ---------------------------------------------------------------------------- Total Liab. & Equity ============================================================================ 02-13672 02-13671 CONSOL. TOTAL INSILCO CORPORATE ENTRIES INSILCO HOLD CO HOLDING CO. --------- ------- ------- ------- ----------- PIK Preferred Stock 64,115 64,115 Shareholders Equity: Capital Stock (3,750) (3,750) 1 (3,749) Capital Surplus 6,382 (1,533) 4,849 61,766 66,615 Oth. Comprehensive Income Cumulative Translation Adj (14,499) (1,564) (16,063) (16,063) Retained Earnings: Beginning Balance (203,009) 91,049 (225,222) (249,169) (474,391) Beg. Bal. Adjustment (21,677) (89,496) 7,688 7,688 Current Earnings (51,378) 10 (56,967) (1) (56,968) -------------------------------------------------------- Retained Earnings (276,064) 1,563 (274,501) (249,170) (523,671) -------------------------------------------------------- Total Shareholders Eq. (284,181) (5,284) (289,465) (187,403) (476,868) -------------------------------------------------------- Total Liab. & Equity 15,370 (5,284) 10,086 10,086 ========================================================
Page 13 of 20 EXHIBIT E UNITED STATES BANKRUPTCY COURT DISTRICT OF DELAWARE In Re Insilco Technologies, Inc., et al. Case No. 02-13672 Debtors Fiscal Month from July 26 to August 22, 2003 for the Reporting Period August 1, to August 31, 2003 ATTESTATION FOR POSTPETITION TAXES ---------------------------------- The Debtors attest that all pospetition taxes that were due have been paid for the current reporting period. SUMMARY OF UNPAID POSTPETITION DEBTS ------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------ NUMBER OF DAYS PAST DUE ------------------------------------------------------------ (AMOUNTS IN THOUSANDS) CURRENT 0 - 30 31 - 60 61 - 90 OVER 90 TOTAL - ------------------------------------------------------------------------------------------------------------------------------------ Accounts Payable - - - - - - - ------------------------------------------------------------------------------------------------------------------------------------ Wages Payable - - - - - - - ------------------------------------------------------------------------------------------------------------------------------------ Taxes Payable - - - - - - - ------------------------------------------------------------------------------------------------------------------------------------ Rent / Leases - Building - - - - - - - ------------------------------------------------------------------------------------------------------------------------------------ Rent / Leases - Equipment - - - - - - - ------------------------------------------------------------------------------------------------------------------------------------ Secured Debt / Adequate Protection Payments - - - - - - - ------------------------------------------------------------------------------------------------------------------------------------ Professional Fees - - - - - - - ------------------------------------------------------------------------------------------------------------------------------------ Amounts Due to Insiders - - - - - - - ------------------------------------------------------------------------------------------------------------------------------------ Other: Benefits 152 - - - - 152 - ------------------------------------------------------------------------------------------------------------------------------------ Other: Insurance - - - - - - - ------------------------------------------------------------------------------------------------------------------------------------ Other: Pension 24,145 - - - - 24,145 - ------------------------------------------------------------------------------------------------------------------------------------ Other: Other 513 - - - - 513 - ------------------------------------------------------------------------------------------------------------------------------------ TOTAL POSTPETITION DEBTS 24,810 - - - - 24,810 - ------------------------------------------------------------------------------------------------------------------------------------
Explain how and when the Debtor intends to pay any past-due postpetition debts. - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- Page 15 of 20 EXHIBIT F UNITED STATES BANKRUPTCY COURT DISTRICT OF DELAWARE In Re Insilco Technologies, Inc., et al. Case No. 02-13672 Debtors Fiscal Month from July 26 to August 22, 2003 for the Reporting Period August 1, to August 31, 2003 ACCOUNTS RECEIVABLE RECONCILIATION AND AGING -------------------------------------------- THERE IS NO ACCOUNTS RECEIVABLE FOR THE CURRENT PERIOD AS ALL BUSINESS WITH ACCOUNTS RECEIVABLE WERE SOLD IN MARCH 2003. Page 17 of 20 EXHIBIT G UNITED STATES BANKRUPTCY COURT DISTRICT OF DELAWARE In Re Insilco Technologies, Inc., et al. Case No. 02-13672 Debtors Fiscal Month from July 26 to August 22, 2003 for the Reporting Period August 1, to August 31, 2003 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. Yes ========================================================------------------------ 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. No ========================================================------------------------ 3. Have all postpetition tax returns been timely filed? If no, provide an explanation below. Yes ========================================================------------------------ 4. Are workers compensation, general liability and other necessary insurance coverages in effect? If no, provide an explanation below. Yes ================================================================================ #1 above - Excess cash was transferred to the secured lenders in the current period See Gross to Net Proceeds on next sheet. - -------------------------------------------------------------------------------- Page 19 of 20 Transfers Made From Excess Cash Transferred to Secured Lenders (2,000,000.00) -------------- (2,000,000.00) ============== Page 20 of 20 -----END PRIVACY-ENHANCED MESSAGE-----