EX-99.1 3 ex99-1.txt MONTHLY OPERATING REPORT FOR TESSERACT Exhibit 99.1 IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF ARIZONA In re: ) CASE NO. B-00-10938-ECF-RTB ) THE TESSERACT GROUP, INC. ) BUSINESS AND INDUSTRY ) MONTHLY OPERATING REPORT ) ) MONTH OF FEBRUARY ) Debtor(s) ) DATE PETITION FILED: October 6, 2000 ) ) TAX PAYER ID NO. 4101581297 Nature of Debtor's Business: For Profit Educational Services DATE DISCLOSURE STATEMENT: FILED Not Yet Filed TO BE FILED To Be Determined ------------- ---------------- DATE PLAN OF REORGANIZATION: FILED Not Yet Filed TO BE FILED To Be Determined ------------- ---------------- I CERTIFY UNDER PENALTY OF PERJURY THAT THE FOLLOWING MONTHLY OPERATING REPORT AND THE ACCOMPANYING ATTACHMENTS ARE TRUE AND CORRECT TO THE BEST OF MY KNOWLEDGE. RESPONSIBLE PARTY: /s/ Michael Lynch CEO ---------------------------------------- ---------- ORIGINAL SIGNATURE OF RESPONSIBLE PARTY TITLE Michael Lynch ---------------------------------------- ---------- PRINTED NAME OF RESPONSIBLE PARTY DATE PREPARER: /s/ Douglass E. Snell Controller ---------------------------------------- ---------- ORIGINAL SIGNATURE OF PREPARER TITLE Douglass E. Snell ---------------------------------------- ---------- PRINTED NAME OF PREPARER DATE PERSON TO CONTACT REGARDING THIS REPORT: Douglass E. Snell --------------------------------------- PHONE NUMBER: 480-783-4317 --------------------------------------- ADDRESS: 4515 E. Muirwood Dr. Phoenix, AZ 85048 --------------------------------------- ORIGINAL OF REPORT IS FILED WITH THE COURT, COPY IS FILED WITH U.S. TRUSTEE'S OFFICE THE TESSERACT GROUP, INC. B-00-10938-ECF-RTB MONTH: FEBRUARY 2001 RECEIPTS AND DISBURSEMENTS
BANK ACCOUNTS ----------------------------------------------------------------------------------------------- AMOUNTS REPORTED SHOULD BE NATIONAL GROUP GROUP GROUP TESSERACT GROUP TESSERACT PER THE DEBTOR'S BOOKS, DEPOSITORY DEPOSITORY MEDICAL PAYROLL OPERATING CHARTER not per the bank statement #944-010-7759 #022-922-6741 #022-922-6576 #022-922-6576 #022-978-8101 #022-922-6808 ------------- ------------- ------------- ------------- ------------- ------------- ACCOUNT BALANCE - BEGINNING OF MONTH -- (105,274.80) -- -- -- 775,650.74 RECEIPTS STUDENT FEES 1,133,789.46 183,570.26 CHARTER SCHOOL REVENUE 157,017.09 ACCOUNTS RECEIVABLE -- INTEREST 1,332.19 SALE OF ASSETS TRANSFERS IN FROM OTHER ACCOUNTS 1,935,029.42 18,126.28 924,784.75 183,308.88 3,885.50 OTHER (ATTACH LIST) TOTAL RECEIPTS 1,133,789.46 2,119,931.87 18,126.28 924,784.75 183,308.88 160,902.59 DISBURSEMENTS BUSINESS - ORDINARY OPERATIONS -- 21,579.30 18,126.28 430,158.98 156,420.78 67,649.77 CAPITAL IMPROVEMENTS PRE-PETITION DEBT TRANSFERS TO OTHER DIP ACCOUNTS 1,133,789.46 1,376,219.91 801,239.96 PAYMENTS MADE FOR SUNRISE EDU 468,567.09 494,625.77 50,193.70 OTHER (VOIDS) (23,305.60) REORGANIZATION EXPENSES: ATTORNEY FEES ACCOUNTANT FEES OTHER PROFESSIONAL FEES U.S. TRUSTEE QUARTERLY FEE COURT COSTS TOTAL DISBURSEMENTS 1,133,789.46 1,866,366.30 18,126.28 924,784.75 183,308.88 868,889.73 ------------ ------------ --------- ---------- ---------- ---------- ACCOUNT BALANCE - END OF MONTH -- 148,290.77 -- -- -- 67,663.60 ============ ============ ========= ========== ========== ========== BANK ACCOUNTS ------------------------------------------------------------------------------------- AMOUNTS REPORTED SHOULD BE CHARTER FIRST FEDERAL CREDITOR PETTY CASH PER THE DEBTOR'S BOOKS, EXTRACURRICULAR CREDIT UNION RESERVE EAGAN MINNESOTA not per the bank statement #022-922-7442 #4002-0270-922 #052-980-2118 #1-801-9204-8049 TOTAL ------------- -------------- ------------- ---------------- ---------------- ACCOUNT BALANCE - BEGINNING OF MONTH 13,728.27 11,542.67 -- 500.00 696,146.88 RECEIPTS STUDENT FEES 1,317,359.72 CHARTER SCHOOL REVENUE 157,017.09 ACCOUNTS RECEIVABLE -- INTEREST 83.93 540.12 1,956.24 SALE OF ASSETS -- TRANSFERS IN FROM OTHER ACCOUNTS 250,000.00 3,315,134.83 OTHER (ATTACH LIST) -- TOTAL RECEIPTS -- 83.93 250,540.12 -- 4,791,467.88 DISBURSEMENTS BUSINESS - ORDINARY OPERATIONS 693,935.11 CAPITAL IMPROVEMENTS -- PRE-PETITION DEBT -- TRANSFERS TO OTHER DIP ACCOUNTS 3,885.50 3,315,134.83 PAYMENTS MADE FOR SUNRISE EDU. 1,013,386.56 OTHER (VOIDS) (23,305.60) REORGANIZATION EXPENSES: ATTORNEY FEES -- ACCOUNTANT FEES -- OTHER PROFESSIONAL FEES -- U.S. TRUSTEE QUARTERLY FEE -- COURT COSTS -- TOTAL DISBURSEMENTS 3,885.50 -- -- -- 4,999,150.90 --------- --------- ---------- ------ ------------ ACCOUNT BALANCE - END OF MONTH 9,842.77 11,626.60 250,540.12 500.00 488,463.86 ========= ========= ========== ====== ============ THE FOLLOWING SECTION MUST BE FILLED OUT DISBURSEMENTS FOR CALCULATING QUARTERLY FEES: TOTAL DISBURSEMENTS FROM ABOVE 4,999,150.90 LESS: TRANSFERS OUT TO OTHER DIP ACCOUNTS (3,315,134.83) LESS: PAYMENTS MADE FOR SUNRISE EDUCATIONAL SERVICES, INC. (1,013,386.56) PLUS: ESTATE DISBURSEMENTS MADE BY OUTSIDE SOURCES (i.e. PAYMENTS FROM ESCROW OR 2-PARTY CHECKS) ------------- TOTAL DISBURSEMENTS FOR CALCULATING QUARTERLY FEES: 670,629.51 =============
2 The Tesseract Group (excl. Sunrise) Statement of Operations For the Month Ending February 28, 2001 Revenue Tuition and Fees Revenue $ 663,111.37 Charter Revenue 205,485.75 Transportation Revenue 1,475.53 Food Revenue 15,343.75 Refunds/Returns (865.00) Discounts (3,638.21) -------------- Total Revenue 880,913.19 -------------- Operational Costs Salaries and Wages 378,147.61 Taxes and Benefits 42,902.30 Classroom Expenses 15,246.26 Food Programs Expense 16,503.83 Transportation Expenses 1,667.11 Maintenance Expense 21,781.27 Insurance Expense 5,801.58 Internet Expense -- Rent Expense 70,042.66 Security Services Expense 763.03 Personal Property Tax Expense 299.37 Real Property Tax Expense 16,088.31 Utilities Expense 5,029.47 -------------- Total Operational Costs 574,272.80 -------------- General & Administrative Costs Advertising, Mktg, Promo Exp 1,323.84 Audit & Tax Expense -- Bad Debt Expense 20,660.62 Bank Charges/Processing Fees-A 4,874.83 Computer/Technology Expense -- Consultant Fees Expense -- Investor Relations Expense -- Licenses & Fees Expense 4,230.00 Office/School Supplies Expense 3,494.59 Penalties & Late Fees Expense 138.30 Postage and Printing Expense 4,938.75 Pre-Employment Expense 250.00 Telephone Expense 8,432.80 Travel Expense 250.90 Closed School Expense -- Corporate Overhead 252,113.05 Corporate Overhead Allocated to Sunrise (126,057.00) Other Expenses 72.16 -------------- Total General and Administrative Expenses 174,722.84 -------------- Gain/Loss on Sales of Fixed Assets -- Other Expense 42.38 Interest Expense (73,014.61) -------------- Net Interest and Other Income (Expense) (72,972.23) -------------- Depreciation Expense 63,557.72 -------------- Total Depreciation and Amortization 63,557.72 -------------- Reorganization Expenses Professional Fees 7,141.27 Professional Fees Allocated to Sunrise (3,571.00) -------------- Total Reorganization Expenses 3,570.27 -------------- Net Income $ (8,182.67) ============== 3 The Tesseract Group (excl. Sunrise) Balance Sheet February 28, 2001 ASSETS Current Assets Cash and Cash Equivalents $ 891,606.54 Accounts Receivable, net 184,658.69 Note Receivable from Nobel -- Prepaid Rent 70,016.22 Other Prepaid Expenses 515,464.52 -------------- Total Current Assets 1,661,745.97 Investment in Sunrise 18,971,824.26 Property and Equipment, net 4,363,830.95 Deposits and Other Assets 1,498,951.39 -------------- Total Assets $26,496,352.57 ============== LIABILITIES AND SHAREHOLDERS' EQUITY Current Liabilities Accounts Payable $ 70,250.82 Accrued Payroll and Benefits 1,106,494.35 Accrued Payroll Taxes 62,538.93 Deferred Revenue and Tuition Deposits 1,577,188.79 -------------- Total Current Liabilities 2,816,472.89 -------------- Pre-Petition Liabilities Line of Credit 5,848,822.65 Accounts Payable 4,008,631.27 Other Unsecured Notes Payable 865,500.00 Other Current Liabilities 4,005,573.81 Long-Term Debt 3,056,897.74 -------------- Total Pre-Petition Liabilities 17,785,425.47 -------------- Due to Sunrise 877,563.43 Reserve for Closed Schools 504,099.10 Other Long-Term Obligations 13,999.76 -------------- Total Long-Term Liabilities 1,395,662.29 -------------- Total Liabilities 21,997,560.65 -------------- Shareholders' Equity Pre-Petition Shareholders' Equity 5,286,216.15 Post Petition Retained Deficit (787,424.23) -------------- Total Shareholders' Equity 4,498,791.92 -------------- Total Liabilities and Shareholders' Equity $26,496,352.57 ============== 4 CASE NUMBER: B-00-10938-ECF-RTB STATUS OF ASSETS 0-30 31-60 60+ ACCOUNTS RECEIVABLE TOTAL DAYS DAYS DAYS ------- ------ ------ ------ TOTAL ACCOUNTS RECEIVABLE 189,358 89,818 45,024 54,516 LESS: AMOUNT CONSIDERED UNCOLLECTIBLE 4,699 4,699 ACCOUNTS RECEIVABLE (NET) 184,659 89,818 45,024 49,817 SCHEDULED CURRENT FIXED ASSETS AMOUNT ADDITIONS DELETIONS AMOUNT ------ --------- --------- ------ REAL PROPERTY 1,867,408 1,867,408 BUILDING IMPROVEMENTS/PLANT 846,395 16,066 271,474 590,987 ACCUMULATED DEPRECIATION (136,823) (20,785) (74,873) (82,735) NET BUILDINGS/PLANT 709,573 (4,719) 196,601 508,252 EQUIPMENT 5,466,149 1,737,146 3,729,003 ACCUMULATED DEPRECIATION (2,404,930) (365,604) (921,719) (1,848,815) NET EQUIPMENT 3,061,218 (365,604) 815,427 1,880,188 AUTOS & VEHICLES 557,586 222,162 335,424 ACCUMULATED DEPRECIATION (259,791) (51,219) (83,570) (227,440) NET AUTOS & VEHICLES 297,795 (51,219) 138,592 107,984 NOTE: Reduction in assets due to sale of Paradise Valley and Ahwatukee private schools 5 CASE NUMBER: B-00-10938-ECF-RTB STATUS OF LIABILITIES AND SENSITIVE PAYMENTS POSTPETITION UNPAID OBLIGATIONS TOTAL 0-30 31-60 61-90 91+ ---------------- --------- --------- ----- ----- ------ ACCOUNTS PAYABLE 70,251 51,063 1,605 4,186 13,397 TAXES PAYABLE 62,539 62,539 ACCRUED SALARIES AND BENEFITS 1,106,494 1,106,494 PREPAID TUITION AND DEPOSITS 1,577,189 1,577,189 SECURED DEBT OTHER (ATTACH LIST) --------- --------- ----- ----- ------ TOTAL POST-PETITION LIABILITIES 2,816,473 2,797,285 1,605 4,186 13,397 ========= ========= ===== ===== ====== PAYMENTS TO INSIDERS AND PROFESSIONALS INSIDERS AMOUNT PD TOTAL PD NAME REASON FOR PAYMENT THIS MONTH TO DATE ---- ------------------ ---------- ------- Lucian Spataro Wages and Exp. Reimbursement 20,341.10 110,236.30 Ernie Recsetar Wages -- 22,000.00 Michael Lynch Wages and Exp. Reimbursement 14,164.23 72,686.86 Gary Lilyquist Wages and Exp. Reimbursement 11,594.66 49,116.49 --------- ---------- TOTAL PAYMENTS TO INSIDERS 46,099.99 254,039.65 ========= ========== PROFESSIONALS DATE OF COURT TOTAL ORDER AUTHORIZING AMOUNT AMOUNT TOTAL PAID INCURRED NAME PAYMENT APPROVED PAID TO DATE & UNPAID ---- ------- -------- ---- ------- -------- NONE 6 CASE NUMBER: B-00-10938-ECF-RTB CASE STATUS QUESTIONNAIRE YES NO --- -- HAVE ANY FUNDS BEEN DISBURSED FROM ANY ACCOUNT OTHER THAN A DEBTOR IN POSSESSION ACCOUNT? NO ARE ANY POSTPETITION RECEIVABLES (ACCOUNTS, NOTES, OR LOANS) DUE FROM RELATED PARTIES? NO ARE ANY WAGE PAYMENTS PAST DUE? NO ARE ANY U.S. TRUSTEE QUARTERLY FEES DELINQUENT? NO CURRENT NUMBER OF EMPLOYEES: 210 INSURANCE CARRIER AND PERIOD EXPIRATION PAYMENT AMOUNT TYPE OF POLICY POLICY NUMBER COVERED DATE & FREQUENCY -------------- ------------- ------- ---- ----------- Gen Liability CLI0018811 3/1/00 3/1/01 39,208.72 /month Auto Liability BAP0708409 5/1/00 3/1/01 Included above Excess Liability UMI0000552 3/1/00 3/1/01 Included above Workers Comp 307512-4 12/1/00 11/30/01 Pd Monthly as % of PR Non-Owned Auto 59UUNGG2042 3/1/00 3/1/01 Included above WHAT STEPS HAVE BEEN TAKEN TO REMEDY ANY OF THE PROBLEMS THAT BROUGHT ABOUT THE CHAPTER 11 FILING? Purchasing of new schools has ceased, and administrative expenses have been reduced. Other restructuring measures are being considered. LIST ANY MATTERS THAT ARE DELAYING THE FILING OF A PLAN OF REORGANIZATION? 7 THE TESSERACT GROUP, INC. CONSOLIDATED CASH FLOW ANALYSIS TOTAL FOR FEBRUARY 2001 -------------- BEGINNING FUNDS AVAILABLE: $ 696,146.88 -------------- Cash In: Telecheck $ 183,570.26 Credit Card Deposit (Preschools) 492,117.04 Credit Card Deposit (Private) 88,945.28 Credit Card Deposit (Charter) 1,575.00 Regular Deposits (Preschools) 412,125.51 Regular Deposits (Private) 165,500.48 Regular Deposits (Charter) 3,839.65 Regular Deposits (Corporate) 1,453.11 Other Deposit (Charter) 157,017.09 Interest 1,872.31 Interest on LTC Acct 83.93 Voids 23,305.60 -------------- Daily Cash In: $ 1,531,405.26 Cash Out: Preschool A/P $ 468,567.09 Charter A/P 67,649.77 Private A/P 106,227.07 Corporate A/P 100,387.41 TesseracT Payroll 327,153.65 Preschool Payroll 494,625.77 Charter Payroll 103,005.33 College PR -- Preschool NSF 31,766.61 Medical Claims 18,126.28 Banking Fees 21,579.30 LTC Payment -- LTC Fees -- -------------- Daily Cash Out: $ 1,739,088.28 -------------- Net Cash In/Out: $ (207,683.02) -------------- ENDING FUNDS AVAILABLE: $ 488,463.86 ============== 8 THE TESSERACT GROUP, INC. CASH FLOW ANALYSIS B-00-10938-ECF-RTB BEGINNING FUNDS AVAILABLE: $ 741,952.40 ------------ Cash In: Credit Card Deposit (Private) 88,945.28 Credit Card Deposit (Charter) 1,575.00 Regular Deposits (Private) 165,500.48 Regular Deposits (Charter) 3,839.65 Regular Deposits (Corporate) 1,453.11 Other Deposit (Charter) 157,017.09 Interest 1,956.24 ------------ Daily Cash In: $ 420,286.85 Cash Out: Charter A/P 67,649.77 Private A/P 106,227.07 Corporate A/P 100,387.41 Corporate A/P (allocated to Sunrise) (50,193.71) TesseracT Payroll 327,153.65 Charter Payroll 103,005.33 Medical Claims 18,126.28 Banking Fees 21,579.30 Voids (23,305.60) ------------ Daily Cash Out: $ 670,629.50 ------------ Net Cash In/Out: $(250,342.65) ------------ ENDING FUNDS AVAILABLE: $ 491,609.75 ------------ 9 Owned Charters VENDOR CHECK REGISTER REPORT Payables Management * Voided Checks
Audit Check Number Vendor ID Vendor Check Name Check Date Checkbook ID Trail Code Amount ------------ --------- ----------------- ---------- ------------ ---------- ------ 800050339 ORCPAR000-B ORCUTT-WINSLOW PARTNERSHIP 2/5/01 OPERATING PMCHK00000043 $4,000.00 800050340 MANLIF000-B MANULIFE FINNANCIAL 2/6/01 OPERATING PMCHK00000044 $1,009.16 800050341 ARISCI000-B ARIZONA SCIENCE CENTER 2/7/01 OPERATING PMCHK00000045 $360.00 800050342 ARISCI000-B ARIZONA SCIENCE CENTER 2/7/01 OPERATING PMCHK00000046 $49.00 800050343 ATHIN0000-B ATHLETES IN TRAINING 2/8/01 OPERATING PMCHK00000047 $3,600.00 800050344 CITPHO296-B CITY OF PHOENIX 29690 2/8/01 OPERATING PMCHK00000047 $4.88 800050345 CLS000000-B CLS/CLEANWAY 2/8/01 OPERATING PMCHK00000047 $292.92 800050346 CRAMAR000-B CRAWFORD,ANN MARIE 2/8/01 OPERATING PMCHK00000047 $203.85 800050347 DATSPE000-B DATASPEAK SYSTEMS, INC. 2/8/01 OPERATING PMCHK00000047 $1,766.57 800050348 DESOUT000-B DESERT OUTDOOR CENTER 2/8/01 OPERATING PMCHK00000047 $76.00 800050349 GREARI000-B GREAT ARIZONA PUPPET THEATER 2/8/01 OPERATING PMCHK00000047 $224.00 800050350 HOULAR000-B HOUGLAND, LARRY 2/8/01 OPERATING PMCHK00000047 $55.00 800050351 HUGCAL000-B HUGHES-CALIHAN 2/8/01 OPERATING PMCHK00000047 $988.59 800050352 HUNLIL000-B HUNT, LILLIAN 2/8/01 OPERATING PMCHK00000047 $18.60 800050353 MOOJEN000-B MOORE, JENNIFER 2/8/01 OPERATING PMCHK00000047 $500.00 800050354 OUTAFR000-B OUT of AFRICA 2/8/01 OPERATING PMCHK00000047 $288.00 800050355 PROONE000-B PROTECTION ONE - AZ 2/8/01 OPERATING PMCHK00000047 $141.19 800050356 PROUSA000-B PROFORCE USA 2/8/01 OPERATING PMCHK00000047 $75.00 800050357 PURPOW000-B PURCHASE POWER 2/8/01 OPERATING PMCHK00000047 $344.00 800050358 RUTNOR000-B RUTH NORRIS RYAN 2/8/01 OPERATING PMCHK00000047 $600.00 800050359 SCHJAC000-B SCHMIDT, JACKIE 2/8/01 OPERATING PMCHK00000047 $57.85 800050360 SOUGAS000-B SOUTHWEST GAS CORPORATION 2/8/01 OPERATING PMCHK00000047 $505.57 800050361 THUMOU000-B THUNDER MOUNTAIN CLEANING SERV 2/8/01 OPERATING PMCHK00000047 $2,655.05 800050362 MANLIF000-B MANULIFE FINNANCIAL 2/14/01 OPERATING PMCHK00000048 $314.21 800050365 AT&T78522-B AT&T - 78522 2/21/01 OPERATING PMCHK00000050 $136.84 800050366 CAMCLA000-B CLAUDIA CAMACHO 2/21/01 OPERATING PMCHK00000050 $37.20 800050367 CT0COR000-B CT CORPORATION SYSTEM 2/21/01 OPERATING PMCHK00000050 $255.00 800050368 DUBDAW000-B DAWN DUBELBEIS 2/21/01 OPERATING PMCHK00000050 $52.70 800050369 KP0LIM000-B KP LIMITED INC 2/21/01 OPERATING PMCHK00000050 $672.35 800050370 SRPFIN000-B SRP 2/21/01 OPERATING PMCHK00000050 $144.26 800050371 THEREH000-B THERAPY REHABILITATION SERVICE 2/21/01 OPERATING PMCHK00000050 $2,355.00 800050372 APS200000-B APS - 2907 2/26/01 OPERATING PMCHK00000051 $1,445.56 800050373 ARC000000-B ARC 2/26/01 OPERATING PMCHK00000051 $275.34 800050374 ATHTRA001-B ATHLETES IN TRAINING-SOUTHERN 2/26/01 OPERATING PMCHK00000051 $1,320.00 800050375 CAMCLA000-B CLAUDIA CAMACHO 2/26/01 OPERATING PMCHK00000051 $24.80 800050376 CITPHOWAT-B CITY OF PHOENIX (WATER SVCS)29 2/26/01 OPERATING PMCHK00000051 $231.31 800050377 CITSIEVI2-B CITY OF SIERRA VISTA 2/26/01 OPERATING PMCHK00000051 $174.57 800050378 CLS000000-B CLS/CLEANWAY 2/26/01 OPERATING PMCHK00000051 $292.92 800050379 DISSCH000-B DISCOUNT SCHOOL SUPPLY 2/26/01 OPERATING PMCHK00000051 $87.73 800050380 GON000001-B GONZALES,RUTH 2/26/01 OPERATING PMCHK00000051 $34.74 800050381 HUNLIL000-B HUNT, LILLIAN 2/26/01 OPERATING PMCHK00000051 $24.80
10 Owned Charters VENDOR CHECK REGISTER REPORT Payables Management * Voided Checks
Audit Check Number Vendor ID Vendor Check Name Check Date Checkbook ID Trail Code Amount ------------ --------- ----------------- ---------- ------------ ---------- ------ 800050382 IKOOFF003-B IKON OFFICE SOLUTIONS (CA) 2/26/01 OPERATING PMCHK00000051 $1,944.06 800050383 KP0LIM000-B KP LIMITED INC 2/26/01 OPERATING PMCHK00000051 $1,914.75 800050384 MARCNT000-B MARICOPA CNTY ENVIROMENTAL SER 2/26/01 OPERATING PMCHK00000051 $75.00 800050385 SRPFIN000-B SRP 2/26/01 OPERATING PMCHK00000051 $144.26 800050386 TERINT000-B TERMINEX INTERNATIONAL 2/26/01 OPERATING PMCHK00000051 $50.00 800050387 THEREH000-B THERAPY REHABILITATION SERVICE 2/26/01 OPERATING PMCHK00000051 $3,285.00 800050388 U0CWIN000-B U-C WINDOW CLEANING 2/26/01 OPERATING PMCHK00000051 $146.28 800050389 US0WES003-B US WEST COMMUNICATIONS-29060 2/26/01 OPERATING PMCHK00000051 $371.36 800050390 WASMAN001-B WASTE MANAGEMENT OF ARIZONA 2/26/01 OPERATING PMCHK00000051 $212.36 800050391 WELFAR001-B WELLS FARGO FIN/HUGHES CALIHAN 2/26/01 OPERATING PMCHK00000051 $448.31 800050392 WELFAR002-B WELLS FARGO 2/27/01 OPERATING PMCHK00000052 $276.62 800050393 FIRWES000-B FIRST WEST PROPERTIES 2/28/01 OPERATING PMCHK00000053 $16,054.21 800050636 ARISCI000-B ARIZONA SCIENCE CENTER 2/15/01 OPERATING PMCHK00000049 $126.00 800050637 CHALEA000-B CHALLENGER LEARNING CTR 2/15/01 OPERATING PMCHK00000049 $208.00 ---------- Total Checks: 55 Total Amount of Checks: $50,950.77 ==========
11 Corporate Company VENDOR CHECK REGISTER REPORT Payables Management * Voided Checks
Audit Check Number Vendor ID Vendor Check Name Check Date Checkbook ID Trail Code Amount ------------ --------- ----------------- ---------- ------------ ---------- ------ 200012454 SPA000000-B SPATARO,LUCIAN 2/1/01 OPERATING2 PMCHK00000174 $215.45 200012455 ALLFOO009-B ALLIANT FOODSERVICE - MN 2/2/01 OPERATING2 PMCHK00000175 $970.96 200012456 LYN000000-B LYNCH,MICHAEL 2/6/01 OPERATING2 PMCHK00000176 $93.62 200012457 MAN FIN000-B MANULIFE FINANCIAL 2/6/01 OPERATING2 PMCHK00000176 $8,647.48 200012458 SNELDO000-B DOUG SNELL 2/6/01 OPERATING2 PMCHK00000176 $230.40 200012459 SPEINC000-B SPECTERA, INC. 2/6/01 OPERATING2 PMCHK00000176 $4,463.85 200012460 AICRED000-B A.I. CREDIT CORP. 2/8/01 OPERATING2 PMCHK00000177 $10,529.51 200012461 CONPLAS000-B CONSOLIDATED PLASTICS 2/8/01 OPERATING2 PMCHK00000177 $64.81 200012462 FEDEXP000-B FEDERAL EXPRESS 2/8/01 OPERATING2 PMCHK00000177 $532.64 200012463 GECAP0003-B GE CAPITAL 2/8/01 OPERATING2 PMCHK00000177 $30.02 200012464 IKOOFF003-B IKON OFFICE SOLUTIONS (CA) 2/8/01 OPERATING2 PMCHK00000177 $192.86 200012465 LANMAR000-B MARK LANE 2/8/01 OPERATING2 PMCHK00000177 $115.60 200012466 NOP000000-B NOPPENBERG,KAREN 2/8/01 OPERATING2 PMCHK00000177 $58.43 200012467 Q0MINC000-B Q-MATRIX INC 2/8/01 OPERATING2 PMCHK00000177 $174.50 200012468 RIVJUD000-B JUDI RIVERA 2/8/01 OPERATING2 PMCHK00000177 $14.08 200012469 SIESPR000-B SIERRA SPRINGS 2/8/01 OPERATING2 PMCHK00000177 $49.98 200012470 SPA000000-B SPATARO,LUCIAN 2/8/01 OPERATING2 PMCHK00000177 $270.51 200012471 US0WES003-B US WEST COMMUNICATIONS-29060 2/8/01 OPERATING2 PMCHK00000177 $316.41 200012472 WELFAR003-B WELLS FARGO (MN) 2/8/01 OPERATING2 PMCHK00000177 $820.01 200012473 MAN FIN000-B MANULIFE FINANCIAL 2/12/01 OPERATING2 PMCHK00000178 $541.48 200012474 SPA000000-B SPATARO,LUCIAN 2/12/01 OPERATING2 PMCHK00000178 $139.18 200012475 ADAROA000-B ADAM ROACH 2/13/01 OPERATING2 PMCHK00000179 $510.00 200012476 AMESTU000-B AMERICAN STUDENT TRANSPORTATIO 2/13/01 OPERATING2 PMCHK00000179 $846.75 200012477 APS200000-B APS - 2907 2/13/01 OPERATING2 PMCHK00000179 $6,724.09 200012478 CITPHOWAT-B CITY OF PHOENIX (WATER SVCS)29 2/13/01 OPERATING2 PMCHK00000179 $22.76 200012479 CON000000-B CONCENTRA 2/13/01 OPERATING2 PMCHK00000179 $130.00 200012480 CULWAT000-B CULLIGAN WATER COND 2/13/01 OPERATING2 PMCHK00000179 $205.06 200012481 DANKID000-B DANCERCISE KIDS 2/13/01 OPERATING2 PMCHK00000179 $104.00 200012482 GALBRI000-B BRIAN GALLAGHER 2/13/01 OPERATING2 PMCHK00000179 $1,268.86 200012483 GECAP0003-B GE CAPITAL 2/13/01 OPERATING2 PMCHK00000179 $1,249.44 200012484 JL0HAM000-B JL HAMMETT CO- NO 2/13/01 OPERATING2 PMCHK00000179 $140.21 200012485 LYN000000-B LYNCH,MICHAEL 2/13/01 OPERATING2 PMCHK00000179 $161.24 200012486 NAIJOE000-B JOE JOE NAIR 2/13/01 OPERATING2 PMCHK00000179 $865.00 200012487 NORSTA000-B NORTHERN STATES POWER 2/13/01 OPERATING2 PMCHK00000179 $3,266.03 200012488 PARWAS000-B PARADISE WASTE SERVICES 2/13/01 OPERATING2 PMCHK00000179 $184.73 200012489 PEONAT000-B PEOPLES NATURAL GAS 2/13/01 OPERATING2 PMCHK00000179 $1,130.34 200012490 PROONE000-B PROTECTION ONE - AZ 2/13/01 OPERATING2 PMCHK00000179 $141.85 200012491 ROSOLI000-B OLIVER ROSS 2/13/01 OPERATING2 PMCHK00000179 $2,107.78 200012492 SAGTEC000-B SAGEBRUSH TECHNOLOGIES 2/13/01 OPERATING2 PMCHK00000179 $350.00 200012493 SHAFOO000-B SHAMROCK FOODS COMPANY 2/13/01 OPERATING2 PMCHK00000179 $114.73 200012494 SLAJAC000-B JACK SLATE 2/13/01 OPERATING2 PMCHK00000179 $327.80 200012495 STATRI000-B STAR TRIBUNE 2/13/01 OPERATING2 PMCHK00000179 $1,334.80 200012496 STO000000-B STONE,LONN 2/13/01 OPERATING2 PMCHK00000179 $10.02 200012497 TAHINC000-B TAHER, INC 2/13/01 OPERATING2 PMCHK00000179 $4,653.84 200012498 TESAPR000-B APRYL TESCH #140 2/13/01 OPERATING2 PMCHK00000179 $216.29 200012499 TOPCUT000-B TOP CUT SEASONAL CARE CO 2/13/01 OPERATING2 PMCHK00000179 $1,379.69 200012500 US0WES003-B US WEST COMMUNICATIONS-29060 2/13/01 OPERATING2 PMCHK00000179 $843.03 200012501 VANPAP000-B VAN PAPER COMPANY 2/13/01 OPERATING2 PMCHK00000179 $687.11 200012502 WASMAN002-B WASTE MANAGEMENT-SAVAGE MN 2/13/01 OPERATING2 PMCHK00000179 $499.75 200012503 WELBAN000-B WELLS FARGO BANK 2/13/01 OPERATING2 PMCHK00000179 $1,924.00 200012504 WILRAL000-B RALPH WILKINS 2/13/01 OPERATING2 PMCHK00000179 $112.00 200012505 WISBAR000-B BARRY WISS 2/13/01 OPERATING2 PMCHK00000179 $2,857.56 200012506 YATJEF000-B JEFFERY YATES 2/13/01 OPERATING2 PMCHK00000179 $1,281.10 200012507 LYN000000-B LYNCH,MICHAEL 2/13/01 OPERATING2 PMCHK00000180 $40.17 200012508 WELBAN000-B WELLS FARGO BANK 2/13/01 OPERATING2 PMCHK00000180 $23,997.00 200012509 HARBRA001-B HARCOURT BRACE FL 2/13/01 OPERATING2 PMCHK00000181 $4,544.82 200012510 PHIRIC000-B RICHARD PHILLIPS 2/13/01 OPERATING2 PMCHK00000181 $1,075.00 200012513 DOCTEC000-B DOCUMENT TECHNOLOGIES 2/14/01 OPERATING2 PMCHK00000182 $4,688.90 200012514 MAN FIN000-B MANULIFE FINANCIAL 2/14/01 OPERATING2 PMCHK00000183 $6,356.22
12 Corporate Company VENDOR CHECK REGISTER REPORT Payables Management * Voided Checks
Audit Check Number Vendor ID Vendor Check Name Check Date Checkbook ID Trail Code Amount ------------ --------- ----------------- ---------- ------------ ---------- ------ 200012515 LILJ.0000-B LILYQUIST, J. GARY 2/15/01 OPERATING2 PMCHK00000184 $321.08 200012516 SHE000000-B SHEARER,DAN 2/15/01 OPERATING2 PMCHK00000184 $270.72 200012517 SHUSTO000-B SHURGARD STORAGE 2/15/01 OPERATING2 PMCHK00000184 $611.82 200012518 COPPRI000-B COPYFAST PRINTING CENTER 2/16/01 OPERATING2 PMCHK00000185 $292.91 200012519 OKEMIC000-B MICHAEL O'KEEFE 2/16/01 OPERATING2 PMCHK00000185 $46.00 200012522 EDUINV000-B EDUCATION PROPERTY INVESTORS 2/16/01 OPERATING2 PMPAY00000014 $16,769.09 200012523 SNELDO000-B DOUG SNELL 2/20/01 OPERATING2 PMCHK00000186 $464.65 200012524 SPA000000-B SPATARO,LUCIAN 2/20/01 OPERATING2 PMCHK00000186 $201.86 200012527 ALLFOO009-B ALLIANT FOODSERVICE - MN 2/21/01 OPERATING2 PMCHK00000188 $277.64 200012528 AMEPRI000-B AMERIPRIDE LINEN AND APPAREL 2/21/01 OPERATING2 PMCHK00000188 $75.19 200012529 AT&T78522-B AT&T - 78522 2/21/01 OPERATING2 PMCHK00000188 $18.40 200012530 BRIGAR000-B BRIN, GARY 2/21/01 OPERATING2 PMCHK00000188 $100.00 200012531 CITSCOUTI-B CITY OF SCOTTSDALE-UTILITIES 2/21/01 OPERATING2 PMCHK00000188 $465.60 200012532 COSWHO000-B COSTCO WHOLESALE - HRS USA 2/21/01 OPERATING2 PMCHK00000188 $40.00 200012533 CT0COR000-B CT CORPORATION SYSTEM 2/21/01 OPERATING2 PMCHK00000188 $195.00 200012534 FEDEXP000-B FEDERAL EXPRESS 2/21/01 OPERATING2 PMCHK00000188 $88.94 200012535 HUE000000-B HUEBSCH 2/21/01 OPERATING2 PMCHK00000188 $214.20 200012536 KP0LIM000-B KP LIMITED INC 2/21/01 OPERATING2 PMCHK00000188 $1,431.26 200012537 PARWAS000-B PARADISE WASTE SERVICES 2/21/01 OPERATING2 PMCHK00000188 $135.30 200012538 TRINEW000-B TRIBUNE NEWSPAPERS 2/21/01 OPERATING2 PMCHK00000188 $552.19 200012540 LYN000000-B LYNCH,MICHAEL 2/21/01 OPERATING2 PMCHK00000190 $216.00 200012542 FOR000000-B FORTIS 2/23/01 OPERATING2 PMCHK00000192 $8,161.06 200012543 LILJ.0000-B LILYQUIST, J. GARY 2/23/01 OPERATING2 PMCHK00000192 $465.92 200012544 ARC000000-B ARC 2/26/01 OPERATING2 PMCHK00000193 $994.00 200012545 AT&TWIR06-B AT&T WIRELESS SERVICES-PHOENIX 2/26/01 OPERATING2 PMCHK00000193 $4,854.77 200012546 FEDEXP000-B FEDERAL EXPRESS 2/26/01 OPERATING2 PMCHK00000193 $663.94 200012547 GECAP0003-B GE CAPITAL 2/26/01 OPERATING2 PMCHK00000193 $887.43 200012548 IKOOFF003-B IKON OFFICE SOLUTIONS (CA) 2/26/01 OPERATING2 PMCHK00000193 $388.62 200012549 IMPFIN000-B IMPERIAL FINANCIAL PRINTING 2/26/01 OPERATING2 PMCHK00000193 $682.50 200012550 PARBIL000-B PARKS, BILL 2/26/01 OPERATING2 PMCHK00000193 $16.00 200012551 SHE000000-B SHEARER,DAN 2/26/01 OPERATING2 PMCHK00000193 $1,500.00 200012552 UNIPAR000-B UNITED PARCEL SERVICE-UPS 2/26/01 OPERATING2 PMCHK00000193 $107.49 200012553 US0WES003-B US WEST COMMUNICATIONS-29060 2/26/01 OPERATING2 PMCHK00000193 $313.40 200012554 USTRUS000-B US TRUSTEE PROGRAM PMT CTR 2/26/01 OPERATING2 PMCHK00000193 $500.00 200012555 ADAROA000-B ADAM ROACH 2/26/01 OPERATING2 PMCHK00000194 $675.00 200012556 ALLFOO008-B ALLIANT FOODSERVICE - AZ 2/26/01 OPERATING2 PMCHK00000194 $1,005.63 200012557 ALLFOO009-B ALLIANT FOODSERVICE - MN 2/26/01 OPERATING2 PMCHK00000194 $770.76 200012558 AMELIN000-B AMERIPRIDE LINEN AND APPAREL 2/26/01 OPERATING2 PMCHK00000194 $21.48 200012559 CITPHOWAT-B CITY OF PHOENIX (WATER SVCS)29 2/26/01 OPERATING2 PMCHK00000194 $309.36 200012560 CULWAT000-B CULLIGAN WATER COND 2/26/01 OPERATING2 PMCHK00000194 $99.84 200012561 DANKID000-B DANCERCISE KIDS 2/26/01 OPERATING2 PMCHK00000194 $286.00 200012562 FAMTIM000-B FAMILY TIMES, INC. 2/26/01 OPERATING2 PMCHK00000194 $649.90 200012563 GLEGYM000-B GLEASON'S GYMNASTIC SCHOOL 2/26/01 OPERATING2 PMCHK00000194 $504.00 200012564 GRELEA000-B GREATAMERICA LEASING CORP 2/26/01 OPERATING2 PMCHK00000194 $3,999.60 200012565 IKOOFF003-B IKON OFFICE SOLUTIONS (CA) 2/26/01 OPERATING2 PMCHK00000194 $249.82 200012566 KP0LIM000-B KP LIMITED INC 2/26/01 OPERATING2 PMCHK00000194 $4,801.00 200012567 KUP000000-B KUPPER,KATHLEEN 2/26/01 OPERATING2 PMCHK00000194 $162.00 200012568 LILFLI000-B L'IL FLIPSTERS GYMNASTICS 2/26/01 OPERATING2 PMCHK00000194 $1,125.00 200012569 MINHEA000 MINNESOTA DEPT. OF HEALTH 2/26/01 OPERATING2 PMCHK00000194 $155.00 200012570 NES000000-B NESTER,ELAINE 2/26/01 OPERATING2 PMCHK00000194 $195.02 200012571 NOBSCH000-B NOBEL SCHOOL MGMT SVC 2/26/01 OPERATING2 PMCHK00000194 $7,965.00 200012572 PBC000000-B PBCC 2/26/01 OPERATING2 PMCHK00000194 $767.64 200012573 QBFSOL000-B QBF SOLUTIONS BEYOND PRINT 2/26/01 OPERATING2 PMCHK00000194 $403.22 200012574 SHAFOO000-B SHAMROCK FOODS COMPANY 2/26/01 OPERATING2 PMCHK00000194 $109.48 200012575 TAHINC000-B TAHER, INC 2/26/01 OPERATING2 PMCHK00000194 $5,895.30
13 Corporate Company VENDOR CHECK REGISTER REPORT Payables Management * Voided Checks
Audit Check Number Vendor ID Vendor Check Name Check Date Checkbook ID Trail Code Amount ------------ --------- ----------------- ---------- ------------ ---------- ------ 200012576 TNTCLE000-B TNT CLEANING 2/26/01 OPERATING2 PMCHK00000194 $3,270.00 200012577 TUMTOW000-B TUMBLE TOWN GYMNASTICS 2/26/01 OPERATING2 PMCHK00000194 $590.00 200012578 U0CWIN000-B U-C WINDOW CLEANING 2/26/01 OPERATING2 PMCHK00000194 $275.00 200012579 UNIGLA000 UNITED GLASS 2/26/01 OPERATING2 PMCHK00000194 $390.00 200012580 US0WES003-B US WEST COMMUNICATIONS-29060 2/26/01 OPERATING2 PMCHK00000194 $358.54 200012581 US0WES007-B US WEST DEX-334 2/26/01 OPERATING2 PMCHK00000194 $665.66 200012582 US0WES008-B US WEST INTERPRISE-3400 2/26/01 OPERATING2 PMCHK00000194 $373.33 200012583 VANPAP000-B VAN PAPER COMPANY 2/26/01 OPERATING2 PMCHK00000194 $607.32 200012584 WAMCHA000-B CHANDA WAMPLER 2/26/01 OPERATING2 PMCHK00000194 $31.92 200012585 US0WES003-B US WEST COMMUNICATIONS-29060 2/26/01 OPERATING2 PMCHK00000195 $1,067.04 200012586 MAN FIN000-B MANULIFE FINANCIAL 2/26/01 OPERATING2 PMCHK00000196 $5,959.26 200012587 EDUCOR000-B EDUCORP PROPERTIES, INC 2/28/01 OPERATING2 PMCHK00000197 $32,837.63 ----------- Total Checks: 126 Total Amount of Checks: $223,722.48 ===========
14