EX-99.1 3 v83653exv99w1.txt EXHIBIT 99.1
----------------------------------------------------------------- OFFICE OF THE UNITED STATES TRUSTEE ----------------------------------------------------------------- ------------------------------------------------------- ------------------------------------------------------------ In re: DEBTOR IN POSSESSION INTERIM STATEMENT The Kushner-Locke Company Page 1 of 3 Statement Number: 6 ------------------------------------------------------- ------------ Chapter 11 For the Period FROM: 4/1/2002 ------------ Case No. LA 01-44828-SB (Administratively Consolidated TO: 4/30/2002 with Case Nos. LA 01-44829-SB through LA 01-44831-SB; LA 01- ------------ 44833-SB through LA 01-44836-SB; and LA 01-44841-SB) ------------------------------------------------------- ------------------------------------------------------------ ------------------------------------------------------------ CASH ACTIVITY ANALYSIS (Cash Basis Only) Collateral Concentration Account Account ------------- ----------- ----------- ----------- Balance before Statement #1 $ 268,333.21 $ 65,956.21 ------------- ----------- ----------- ----------- A. Total Receipts per all Prior Interim Statements 1,756,543.65 1,295,204.22 ------------- ----------- ----------- ----------- B. Less: Total Disbursements per all Prior Statements 1,402,912.51 1,316,241.60 ------------- ----------- ----------- ----------- C. Beginning Balance $ 621,964.35 $ 44,918.83 ------------- ----------- ----------- ----------- D. Receipts during Current Period Description 4/8/2002 Estoaat B.V 4,835.05 4/9/2002 Daro 14,985.02 4/22/2002 Televisa 12,500.04 4/30/2002 Daro 20,982.02 4/30/2002 interest 651.47 4/3/2002 401K tax withholding 3,550.50 4/3/2002 Utilities refunds 197.06 4/3/2002 COBRA Receipts 5,656.33 4/3/2002 Asset Sale 4,490.00 4/4/2002 fund comerica acct 16,000.00 4/12/2002 fund comerica acct 90,000.00 4/12/2002 fund comerica acct 90,000.00 4/23/2002 COBRA Receipts 2,445.43 4/23/2002 Asset Sale 266.00 4/23/2002 Utilities refunds 975.52 4/23/2002 Refunds of Pay Advances 9,543.33 TOTAL RECEIPTS THIS PERIOD 53,953.60 223,124.17 -- -- ------------- ----------- ----------- ----------- E. Balance Available (C plus D) $ 675,917.95 $268,043.00 $ -- $ -- ------------- ----------- ----------- -----------
----------------------------------------------------------------------------------------------------------------------- DEBTOR IN POSSESSION INTERIM STATEMENT NO: 6 Page 2 of 3 ----------------------------------------------------------------------------------------------------------------------- F. Less: Disbursements during Current Period: Date Check No. Payee/Purpose ---- --------- ------------- 4/4/2002 wire fund comerica acct 16,000.00 4/12/2002 wire fund comerica acct 90,000.00 4/12/2002 wire fund comerica acct 90,000.00 4/3/2002 37222 Blue Cross 3,847.00 4/3/2002 37223 Brett Robinson 2,050.00 4/3/2002 37225 Marshall Walker 3,473.00 4/3/2002 37227 Matthew Schuler 1,424.00 4/3/2002 37228 Zerolag 100.00 4/3/2002 37229 Keren Aminia 2,374.93 4/3/2002 37230 Kevin Marino 730.75 4/3/2002 37231 Tanya Miller 1,249.87 4/3/2002 37232 Neri Adam 300.00 4/8/2002 37238 Alberstone 43.30 4/8/2002 37239 Hodes Parking 450.00 4/8/2002 37240 John Lannan 1,250.00 4/8/2002 37241 Marathon Services 509.80 4/8/2002 37242 Recall 1,037.58 4/8/2002 37243 Matthew Schuler 205.00 4/8/2002 37244 Bowne 316.00 4/10/2002 37247 Donald Kushner 3,333.33 4/10/2002 37248 Steve Rosen 825.00 4/10/2002 wire Stuart Hersch 2,083.00 4/10/2002 wire Irwin Friedman 2,083.00 4/10/2002 37251 Donald Kushner 4,167.00 4/10/2002 37252 Peter Locke 4,167.00 4/11/2002 wire employment taxes 32,093.12 4/11/2002 7858 payroll 1,294.09 4/11/2002 7859 payroll 21,144.92 4/11/2002 7860 payroll 2,130.16 4/11/2002 7861 payroll 4,188.47 4/11/2002 7862 payroll 852.77 4/12/2002 37253 Keren Aminia - moving cost 5,410.29 4/15/2002 37255 Fortis Benefits 51.76 4/17/2002 37256 American Moving & Storage 562.27 4/17/2002 37257 AT&T 506.68 4/17/2002 37258 Bonded Services 7,131.95 4/17/2002 37259 Recall 561.49 4/17/2002 37260 Brett Robinson 450.00 4/17/2002 37261 Matthew Schuler 440.00 4/18/2002 wire employment taxes 6,036.32 4/18/2002 7863 898.16 4/18/2002 7864 9,610.99 4/18/2002 7865 1,619.48 4/18/2002 7866 3,231.73 4/18/2002 7867 301.79 4/18/2002 misc. 114.45 4/26/2002 37262 Carolco 187.84 4/26/2002 37263 Steve Rosen 525.00 4/26/2002 37264 Matthew Schuler 80.00 4/26/2002 wire ADP charge 81.53 4/29/2002 37265 ATT Calling Card 1,786.48 4/29/2002 37266 Blue Cross 8,681.00 4/29/2002 37267 Fortis Benefits 496.87 4/29/2002 37268 Matthew Schuler 385.50 4/29/2002 37269 Marshall Walker 30.80 4/30/2002 7868 payroll 7,979.53 4/30/2002 7869 payroll 1,249.87 TOTAL DISBURSEMENTS THIS PERIOD: 196,000.00 156,134.87 -- -- ------------ ------------- -------- -------- G. Ending Balance (E less F) $ 479,917.95 $ 111,908.13 $ -- $ -- ------------ ------------- -------- --------
------------------------------------------------------------------------------------------------------------------------------ DEBTOR IN POSSESSION INTERIM STATEMENT NO: 6 Page 3 of 3 ------------------------------------------------------------------------------------------------------------------------------ H. (1) Collateral Account: a) Depository Name and Location: Chase Bank 1 Chase Manhattan Plaza, New York, NY 10081 b) Account Number: 323221556 (2) Concentration Account: a) Depository Name and Location: Comerica Bank 10900 Wilshire Blvd, Los Angeles, CA 90024 b) Account Number: 1891935460 I: Other monies on hand: The Kushner Locke Company PWI account 1891215236 $ 1,000.00 Bank of Scotland - Pinocchio 3549485 1,249,537.51 Pounds Sterling Time Deposit (KL' s interest is 70%) Bank of Scotland - Basil 3626816 194,263.17 Pounds Sterling Time Deposit (KL' s interest is 80%) Allied Pinocchio 10747301 4,423.11 Pounds Sterling KLI-UK 10008956 2,436.06 Pounds Sterling Freeway\Kushner-Locke 323-509487 $ 255.95 I: Other monies on hand (continued): Additionally, the Company maintains a minimal amount of Petty Cash (less than $500). Joint Venture Accounts: KL MDP Sensation 60-066-930 $ 17,531.32 KL\7 Venture 1890-69-6360 9,244.49 Denial Venture 1890-69-6501 41,672.39 Cracker LLC 1891-04-1665 1,000.00 Swing 323-518095 6,957.50 I, Alice Neuhauser, declare under penalty of perjury that the information contained in the above Debtor in Possession Interim Statement is true and correct to the best of my knowledge. /s/ Alice P. Neuhauser ------------------------------------------------- Debtor in Possession