EX-99.1 3 ex99-1gs.txt MONTHLY FINANCIAL REPORT Exhibit 99.1 GERALD STEVENS, INC. and SUBSIDIARIES CASE NUMBERS 01-13984 BKC-RAM through 01-14039-BKC-RAM MONTHLY FINANCIAL REPORT
--------------------------------------------- --------------------- FOR THE PERIOD BEGINNING 9/1/01 AND ENDING 9/30/01 --------------------------------------------- --------------------- CURRENT MONTH CORPORATE ROYERS NAT. FLORA AGA TOTAL 1 CASH AT BEGINNING OF PERIOD (2,352,121.21) 236,023.17 16,776.88 41,318.02 (2,058,003.14) 2 RECEIPTS - A Cash Sales 1,635,543.69 209,549.54 - - 1,845,093.23 Less Cash Refunds (6,159.26) (2,248.48) (810.15) - (9,217.89) ----------------------------------------------------------------------- Net Cash Sales 1,629,384.43 207,301.06 (810.15) - 1,835,875.34 B Collections of Postpetition AR (Incl CC) 5,031,697.49 702,336.40 49,022.00 133,963.00 5,917,018.89 C Collections of Prepetition AR - 7,441.11 - - 7,441.11 D Other Receipts 3,170,368.13 - - - 3,170,368.13 Intercompany cash transfers, Net (428,563.63) 13,961.04 11,575.87 403,026.72 - ----------------------------------------------------------------------- 3 TOTAL RECEIPTS 9,402,886.42 931,039.61 59,787.72 536,989.72 10,930,703.47 ----------------------------------------------------------------------- 4 TOTAL CASH AVAILABLE FOR OPERATIONS 7,050,765.21 1,167,062.78 76,564.60 578,307.74 8,872,700.33 5 DISBURSEMENTS A US Trustee Quarterly Fees - - - - - B Net Payroll 2,123,664.11 226,885.49 3,648.79 - 2,354,198.39 C Payroll Taxes Paid 831,183.58 88,674.73 - - 919,858.31 D Sales and Use Taxes Paid 503,753.71 81,440.63 - - 585,194.34 E Other Taxes Paid 19,815.89 - - - 19,815.89 F Rent 46,994.19 84,312.60 11,857.03 18,080.20 161,244.02 G Other Lease Payments 12,526.44 1,140.00 2,347.93 3,965.92 19,980.29 H Telephone 227,594.41 23,573.98 4,327.39 2,232.50 257,728.28 I Utilities 214,976.80 25,857.88 2,356.56 - 243,191.24 J Travel and Entertainment 29,729.50 985.05 3,675.55 2,215.95 36,606.05 K Vehicle Expense 208,954.34 26,868.53 - 462.77 236,285.64 L Office Supplies 27,919.15 14,581.83 2,899.77 717.83 46,118.58 M Advertising 962,531.26 28,421.47 10,046.25 - 1,000,998.98 N Insurance (Attachment 7) 550,355.56 - - - 550,355.56 O Purchases of Fixed Assets 6,000.00 1,209.00 10,000.00 - 17,209.00 P Purchases of Inventory 1,608,705.55 277,349.20 660.95 502,253.73 2,388,969.43 Q Manufacturing Supplies 22,547.14 - - 547.94 23,095.08 R Repairs and Maintenance 72,742.31 15,858.38 2,175.66 495.28 91,271.63 S Other Operating Expenses (Attach List) 446,020.83 4,119.03 15,612.03 4,574.09 470,325.98 ----------------------------------------------------------------------- 6 TOTAL CASH DISBURSEMENTS 7,916,014.77 901,277.80 69,607.91 535,546.21 9,422,446.69 ----------------------------------------------------------------------- 7 CASH AT END OF PERIOD (Item 4 Minus Item 6) (865,249.56) 265,784.98 6,956.69 42,761.53 (549,746.36) =======================================================================
GERALD STEVENS, INC. and SUBSIDIARIES CASE NUMBERS 01-13984 BKC-RAM through 01-14039-BKC-RAM MONTHLY FINANCIAL REPORT
--------------- --------------------- FOR THE PERIOD BEGINNING 4/23/01 AND ENDING 9/30/01 --------------- --------------------- CUMULATIVE FROM FILING DATE --------------------------- CORPORATE CANADA ROYERS NAT. FLORA --------- ------ ------ ---------- 1 CASH AT BEGINNING OF PERIOD 1,799,448.84 315,845.12 172,083.10 93,826.08 2 RECEIPTS A Cash Sales 17,034,038.60 143,220.26 3,111,291.95 197,234.02 Less Cash Refunds (43,755.80) - (36,154.65) (5,521.30) ------------------------------------------------------------ Net Cash Sales 16,990,282.80 143,220.26 3,075,137.30 191,712.72 B Collections of Postpetition AR (Incl CC) 40,513,428.26 184,588.02 4,295,126.82 202,562.84 C Collections of Prepetition AR 4,526,297.70 - 1,390,273.62 4,611.32 D Other Receipts 11,847,754.63 - 1,482,403.03 - Intercompany cash transfers, Net (973,120.86) - (2,362,370.95) (53,971.98) ------------------------------------------------------------ 3 TOTAL RECEIPTS 72,904,642.53 327,808.28 7,880,569.82 344,914.90 ------------------------------------------------------------ 4 TOTAL CASH AVAILABLE FOR OPERATIONS 74,704,091.37 643,653.40 8,052,652.92 438,740.98 5 DISBURSEMENTS A US Trustee Quarterly Fees 35,750.00 - - - B Net Payroll 20,959,981.57 109,993.16 2,991,908.48 7,034.96 C Payroll Taxes Paid 7,611,057.84 2,649.36 1,027,332.34 - D Sales and Use Taxes Paid 3,724,722.34 31,356.89 407,063.20 - E Other Taxes Paid 353,120.05 - 44,846.34 - F Rent 4,847,254.54 42,188.25 413,019.53 71,250.34 G Other Lease Payments 114,185.86 460.80 1,979.23 22,146.35 H Telephone 1,436,381.31 4,592.65 88,167.19 30,362.96 I Utilities 1,180,120.29 7,702.09 104,363.23 10,479.07 J Travel and Entertainment 300,600.88 - 4,990.77 36,782.41 K Vehicle Expense 1,951,193.32 6,451.61 201,989.40 14.18 L Office Supplies 239,354.00 2,398.09 93,373.09 16,810.53 M Advertising 6,131,968.54 6,489.35 118,976.38 110,512.50 N Insurance (Attachment 7) 5,657,080.84 8,214.96 - - O Purchases of Fixed Assets 49,917.54 - 4,824.00 13,746.00 P Purchases of Inventory 12,428,434.44 206,969.35 2,154,091.81 1,987.61 Q Manufacturing Supplies 141,928.72 - 1,817.21 - R Repairs and Maintenance 417,247.70 2,922.56 85,671.71 11,047.84 S Other Operating Expenses (Attach List) 7,989,041.15 211,264.28 42,454.03 99,609.54 ------------------------------------------------------------ 6 TOTAL CASH DISBURSEMENTS 75,569,340.93 643,653.40 7,786,867.94 431,784.29 ------------------------------------------------------------ 7 CASH AT END OF PERIOD (Item 4 Minus Item 6) (865,249.56) - 265,784.98 6,956.69 ============================================================ [restubbed table] CUMULATIVE FROM FILING DATE --------------------------- AGA TOTAL --- ----- 1 CASH AT BEGINNING OF PERIOD 19,166.46 2,400,369.60 2 RECEIPTS - A Cash Sales - 20,485,784.83 Less Cash Refunds - (85,431.75) ---------------------------------- Net Cash Sales - 20,400,353.08 B Collections of Postpetition AR (Incl CC) 1,261,534.97 46,457,240.91 C Collections of Prepetition AR - 5,921,182.64 D Other Receipts - 13,330,157.66 Intercompany cash transfers, Net 3,389,463.79 - ---------------------------------- 3 TOTAL RECEIPTS 4,650,998.76 86,108,934.29 ---------------------------------- 4 TOTAL CASH AVAILABLE FOR OPERATIONS 4,670,165.22 88,509,303.89 5 DISBURSEMENTS A US Trustee Quarterly Fees - 35,750.00 B Net Payroll - 24,068,918.17 C Payroll Taxes Paid - 8,641,039.54 D Sales and Use Taxes Paid - 4,163,142.43 E Other Taxes Paid - 397,966.39 F Rent 90,069.84 5,463,782.50 G Other Lease Payments 11,847.46 150,619.70 H Telephone 17,758.40 1,577,262.51 I Utilities 20,372.22 1,323,036.90 J Travel and Entertainment 6,239.52 348,613.58 K Vehicle Expense 26,711.94 2,186,360.45 L Office Supplies 12,965.80 364,901.51 M Advertising - 6,367,946.77 N Insurance (Attachment 7) - 5,665,295.80 O Purchases of Fixed Assets 1,781.75 70,269.29 P Purchases of Inventory 4,404,543.12 19,196,026.33 Q Manufacturing Supplies 3,217.01 146,962.94 R Repairs and Maintenance 10,639.82 527,529.63 S Other Operating Expenses (Attach List) 21,256.81 8,363,625.81 ---------------------------------- 6 TOTAL CASH DISBURSEMENTS 4,627,403.69 89,059,050.25 ---------------------------------- 7 CASH AT END OF PERIOD (Item 4 Minus Item 6) 42,761.53 (549,746.36) ==================================
Includes adjustment in Royer's account to correct Omission of other Deposit not reported in May 31 MOR in the amount of: $ 169,270.50