EXHIBIT 99.14

DEBTOR: GREAT HAWAIIAN PROPERTIES CORPORATION        CASE NUMBER: 01-10971 (JCA)

                            MONTHLY OPERATING REPORT
                              AS OF JULY 31, 2002
                                      AND
                            FOR THE MONTH THEN ENDED

In accordance with title 28, section 1746, of the United States Code, I declare
under penalty of perjury that Great Hawaiian Properties Corporation was
inactive for the above referenced period and, to the best of my knowledge, the
foregoing is true and correct.



/s/ STEVE MOELLER
----------------------------
Steve Moeller
Director, Accounting