EXHIBIT 99.1
UNITED STATES BANKRUPTCY COURTFOR THE EASTERN DISTRICT OF MICHIGANTRANSMITTAL OF FINANCIAL REPORTS ANDCERTIFICATION OF COMPLIANCE WITH UNITED STATES TRUSTEEOPERATING REQUIREMENTS FOR THE PERIOD ENDED FEBRUARY 28, 2005:IN RE: ) INTERMET CORPORATION, ET AL ) CASE NO: 04-67597
) Chapter 11
) Judge: Marci B. McIvor
INTERMET CORP. )
Debtor )
As debtor in possession, I affirm:
1. That I have reviewed the financial statements attached hereto,
consisting of:
X Operating Statement (Form 2)
X Balance Sheet (Form 3)
X Summary of Operations (Form 4)
X Monthly Cash Statement (Form 5)
X Statement of Compensation (Form 6)
X Schedule of In-Force Insurance (Form 7)
and that they have been prepared in accordance with normal and customary
accounting practices, and fairly and accurately reflect the debtor's financial
activity for the period stated;
2. That the insurance, including workers' compensation and unemployment
insurance, as described in Section 5 of the Operating Instructions and Reporting
Requirements For Chapter 11 Cases is in effect; and,
(if not, attach written explanation)
YES [X] NO [ ]
3. That all post-petition taxes as described in Section 9 of the Operating
Instructions and Reporting Requirements For Chapter 11 cases are current.
(If not, attach written explanation)
YES [X] NO [ ]
4. No professional fees (attorney, accountant, etc.) have been paid without
specific court authorization.
(If not, attach a written explanation)
YES [X] NO [ ]
5. All United States Trustee Quarterly fees have been paid and are current
YES [X] NO [ ]
6. Have you filed your pre-petition tax returns.
(If not, attach a written explanation)
YES [X] NO [ ]
I hereby certify, under penalty of perjury, that the information provided above
is true and correct to the best of my information and belief.
Dated: MARCH 28, 2005 /s/ Robert E. Belts
--------------------------------------------
Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- --------------
Title Phone
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs February
(Allocation of Corporate Costs to Filing Entities)
(000's)
[Download Table]
February
--------
Officer Compensation $ 189
Salary Expense other Employees 1,075
Employee Benefits and Pension 92
Payroll Taxes 67
Other Taxes (2)
Rent and Lease Expense 184
Interest Expense
Insurance 36
Automobile and Truck Expense 12
Utilities(Gas Electric, Phone) 33
Depreciation 73
Travel and Entertainment 55
Repairs and Maintenance (3)
Advertising/Promotion 0
Supplies, Office Expense 33
Other:
Contributions 0
Professional Fees - Audit/Tax 269
Bank Fees 11
Public Reporting Fees 16
Employee Relocation/Training 24
Data Processing 31
Dues and Subscriptions 20
Outside Services 111
Project Development Costs net of Billings (56)
Director Fees 25
Miscellaneous 33
Legal Fees 29
Cost Allocation - Europe (78)
Cost Allocation - Out (219)
-------
$ 2,060
=======
Note: In 2005, Professional fees related to the bankruptcy restructuring have
been reclassified to non-operating expense (Other Income/expense). In
February, the expense was $2,800,000.
[Download Table]
Allocation:
Wagner Castings 191
Northern Castings 49
Ironton Iron 0
Lynchburg Foundry 193
Columbus Foundry 313
Wagner Havana 0
Intermet U.S. Holdings 259
Cast-Matic Corp. 82
Diversified Diemakers 257
Ganton Technologies 168
Tool Products 137
Corporate 411
------
Total $2,060
======
Intermet Corp. and Subsidiaries
Balance Sheet as of 2-28-05
[Download Table]
February January
--------------- ---------------
Case # 04-67597 Case # 04-67597
--------------- ---------------
Intermet Intermet
Corp (Note 1) Corp (Note 1)
--------------- ---------------
Cash And Equivalents $ 2,722 $ 3,850
Accounts Receivable 94,689 87,191
Short-Term Intercompany Receivables (5) (6)
Inventories 51,050 48,367
Other Current Assets 11,011 11,530
---------- ---------
TOTAL CURRENT ASSETS 159,467 150,932
Land and Buildings 113,968 113,956
Machinery & Equipment 409,445 415,087
Construction In Progress 4,620 4,671
---------- ---------
Total Fixed Assets 528,033 533,714
Accumulated Depreciation (333,615) (335,520)
---------- ---------
NET FIXED ASSETS 194,418 198,194
Investment In Subsidiaries (2) (2)
Investment In European Operations (Note #2) 95,152 93,160
Long-Term Intercompany Receivables 0 0
Deterred Taxes, Long-Term Asset 661 661
Other Assets 21,404 21,571
---------- ---------
TOTAL ASSETS $ 471,100 $ 464,516
========== =========
LIABILITIES AND SHAREHOLDER EQUITY POST PETITION LIABILITIES
Accounts Payable $ 11,056 $ 10,843
Wages and Salaries (See schedule) 5,299 4,167
Taxes Payable - (See schedule) 4,162 4,307
---------- ---------
TOTAL POST PETITION LIABILITIES 20,517 19,317 SECURED LIABILITIES: SECURED BANK DEBT 186,226 178,468 PRE-PETITION LIABILITIES:
Taxes and Other Priority Liabilities:
Accrued Income Taxes 607 607
Accrued Tax - State (313) (313)
Accrued Property Taxes 220 220
Accrued Workers Comp. 7,535 7,935
Accrued Payroll 2,854 2,907
Accrued Payroll Taxes 0 0
---------- ---------
TOTAL TAXES AND OTHER PRIORITY LIABILITIES 10,903 11,356 UNSECURED LIABILITIES
Accounts Payable 63,841 64,138
Senior & IDR Bonds 177,000 177,000
---------- ---------
TOTAL UNSECURED LIABILITIES 240,841 241,138 OTHER LIABILITIES
Accrued Liabilities 36,752 34,464
Snort-Term intercompany Payables 1 1
Capital Leases 406 475
Retirement Benefits 83,677 83,310
Deferred Taxes - Long-Term Liability (3,838) (3,838)
Other Long-Term Liabilities 7,405 7,292
Long-Term Intercompany Payables (859) (775)
0 0
---------- ---------
TOTAL LIABILITIES 582,031 571,208
Common Stock 2,605 2,605
Capital In Excess Of Par Value 36,201 36,201
Retained Earnings - Prepetition 8,831 8,831
Retained Earnings - Post Petition (233,295) (227,064)
Equity In European Operations 95,152 93,160
Accumulated Translation Adjustment 3,859 3,859
Minimum Pension Liability Adjustment (24,093) (24,093)
Unearned Restricted Stock (191) (191)
---------- ---------
TOTAL SHAREHOLDER EQUITY (110,931) (106,692)
---------- ---------
TOTAL LIABILITIES AND EQUITY $ 471,100 $ 464,516
========== =========
Note 1:
The financial information contained in the operating statement and balance sheet
in the monthly operating statement for Intermet Corporation represents the
consolidation of all of its domestic subsidiaries that are debtors, other than
Intermet Holding Company. Intermet Holding Company is a holding company of
certain foreign subsidiaries and does not itself have any domestic operations.
As a result, Intermet Holding Company's results are incorporated in the results
of Intermet Corporation foreign subsidiaries.
Note 2
The "Investment in European Operations" is net of $42,619 in February and
$41,738 in January representing an intercompany liability of Intermet
Corporation to our non-debtor European Operations. If this amount were to be
reclassified as a separate Intercompany liability rather than a reduction in the
amount of Intermet's investment in European Operations, it could be subject to
cancellation or compromise. We are currently evaluating the treatment of this
intercompany liability with our tax and other advisors in order to determine the
ultimate effect of this intercompany liability, if any, upon the Debtors.
INTERMET CORPORATE CASE # 04-67597
CASH DISBURSEMENTS FEBRUARY 2005
[Download Table]
VENDOR TOTAL DISBURSEMENTS
------ -------------------
ABC Coke $ 567,573.99
ABN Amro Bank of New York 10,207.30
A-COM PROTECTION SERVICES INC. 140.00 ADP, INC. 2,126.36 ADT SECURITY SERVICES INC. 1,191.62 AETNA U.S. HEALTHCARE 26,720.95 ALABAMA POWER 891.41
Alcan Aluminum Corporation 1,013,300.16
Alcast Company 86,161.50
Alcoa Aluminum 781,221.20
ALFE Heat Treating 192,651.73
Allied Mineral 4,689.47
Alter Trading 35,000.00
Aluar Aluminum 383,515.77
Aluminum Resources 79,435.96
AMERENIP 280,782.57 AMERICAN BAR ASSOCIATION 49.90 AMERICAN ELECTRIC POWER 1,524.31 AMERIGAS-LYNCHBURG (MONROE) VA 629.28 AMG, INC. 1,400.00 AMTECH INTERNATIONAL GROUP, LTD 38,286.00 ANDREWS, THOMAS 7,875.75 ANX EBUSINESS 3,456.00 ARCET EQUIPMENT COMPANY 85.82 ARCH CONSULTING ASSOCIATES 750.00 ASCOM HASLER 715.50 ASPEN CONSULTING, INC. 245.00 AT&T 239.49 AVIALL 691.09 B & C TEN AIR 692.10 BANCORP SOUTH BANK 700.00
Bank of Nova Scotia 1,063,696.65
BEGLIN, JUSTIN 812.48
Behr Metals 300,000.00
BELLSOUTH 2,121.65 BELTS, ROBERT 24.25
Bent Tube Inc. 1,640.80
Bentonite Performance Minerals 53,620.00
BERNARD E. WALLACE, JR. 1,050.00 BERWYN GROUP, THE 9.50 BLANCHARD CONSULTING, INC. 1,900.00
Blue Cross Blue Shields 2,304,698.87
BLUECAT NETWORKS CORPORATION 4,394.55 BOWNE OF CHICAGO 36,435.00 BRUECHERT, PAUL 98.08 BRYANT'S TREE SERVICE 450.00 BSW, INC. 50.00 BUREAU OF NATIONAL 1,713.00 BURGE, CRAIG 240.01 C.P.C., INC. 31,297.00 CANOPUS ENVIRONMENTAL GROUP 1,850.00 CCMA 174,600.74
INTERMET CORPORATE CASE # 04-67597
CASH DISBURSEMENTS FEBRUARY 2005
[Download Table]
VENDOR TOTAL DISBURSEMENTS
------ -------------------
CFI Child Support 19,559.05
CFI Pre-petition check 270.18
CIGNA 1,074.00 CINTAS CORPORATION 87.45 CITY OF PULASKI 103,022.92 CITY OF RADFORD 14,795.10 CLIENT SERVICES-ECM 105.10 COCHRAN, JEFF 644.23 COM ED 83.75
Cometals 454,745.10
CONCENTRA MEDICAL CENTERS 50.25 COR SOLUTIONS, INC. 29,691.48
Corporate 550.00
Corporate Payroll 313,943.28
COX, MICHAEL 867.57 CSM WORLDWIDE, INC. 7,200.00
Dana 759,678.00
DAVID L. AHO METALWORKING 16,218.75
Dead Sea Magnesium 779,645.16
Decatur Payroll 796,328.66
DEHAUT AERO SUPPORT EQUIPMENT 3,437.02 DELAWARE SECRETARY OF STATE 5,706.00 DELL MARKETING L.P. 103.19 DETROIT LIONS, INC. 600.00 DICKSON ALLAN 4,142.37
Dimetek 8,946.80
DISPLAY MANUFACTURING 1,080.00 DME RR 45,018.26 DONALD L. WOESSNER 1,152.20 DORSEY & WHITNEY LLP 6,596.60 DOYLE, PAT 1,570.25
Eastern Alloys, inc. 136,468.81
EASTERN COMPUTER EXCHANGE, INC 5,457.00 EDS CANADA, INC. 171.07 EDWIN B. BRANCH 16,831.97 EGH/TIMBERLAND THREE L.P. 60,130.63 EKK, INC. 6,400.00 ELECTRICAL SPECIALTIES 17.50 ELEVATING EQUIPMENT INSPECTION 95.00
Elkem Metals, Inc. 301,402.28
Enbridge Gas Services 70,523.37
ENTERPRISE FLEET SERVICES 13,382.33 EXEC-U-CARE 4,082.23 EXECUTIVE COFFEE SYSTEMS 739.88
Fairmont Minerals 60,375.00
FEDERAL RESERVE BANK OF 500.00
Feseco Metallurgical Inc. 671.50
Fidelity Savings and Profit Plan 45,062.23
FITZGERALD, DAVID C. 133.00 FLIGHTSAFETY INTERNATIONAL 15,000.00 FLORIDA UC FUND 298.90
Foley, Lardner 484,769.86
Forest City Technologies, Inc. 4,010.12
INTERMET CORPORATE CASE # 04-67597
CASH DISBURSEMENTS FEBRUARY 2005
[Download Table]
VENDOR TOTAL DISBURSEMENTS
------ -------------------
Foseco Metallurgical Inc. 67,435.07
Freudenberg NOK 69,873.36
GE CAPITAL 19,512.14 GEORGIA DEPT OF REVENUE - GEORGIA POWER 3,108.55
Georgia Sales Tax - CFI 39,445.22
GIERC, DANIEL 124.55 GILLILAND, TIM 1,183.57 GLOBAL EXCHANGE SERVICES 1,080.84
Globe 414,819.90
GOPAL, NANDA P N 630.79 GRECCO, JOSEPH R 27.51
HA International LLC 184,999.60
HEMING, DANIEL 2,012.76 HERTZ CORPORATION 1,245.04 HOOVER, ROB 281.49 HOWARD & HOWARD 12,986.10
Hydro Magnesium 326,412.36
Hydro Magnesium (Norsk Hydro) 392,949.64
IBM CORPORATION 35,338.37 IBM LIMITED SPECIAL BILLING 195.10
IMCO Recycling 1,970,797.72
INCAT 7,675.00
Ingersoll Machine Tools 30,172.16
INTERCALL 1,258.06 INTERNATIONAL MAGNESIUM ASSOC 3,450.00 IRON MOUNTAIN RECORDS MGMT 259.98 IRVIN, LESLIE B 85.76 J.W. MARTIN 144.45
Jackson 181,830.91
JACKSON, SHIELDS, YEISER, HOLT 14,676.07
Jacobson Mfg. 7,333.75
JAMES DAVIS CLEANING SERVICE 500.00 JESSE WHITE SECRETARY OF STATE 103.50 JOCK ABELL LANDSCAPING 360.00 JOHN HANCOCK FINANCIAL SVCS. 427.00 JOHN P. CRECINE 1,342.59 JOHN R. HORNE 1,136.87 JP MORGAN CHASE BANK, N.A. 177,395.77 KARLA DUNFIELD 24.61 KENNETH C. HOWELL 2,351.92 KLEIN, KYLE 107.63
KPMG Sarbanes Deposit 225,000.00
KUZINSKI, MARK 140.95
L & S Precision Tool 6,050.00
Land Transportation 162,253.31
Larpen Metallurgical Service 125,280.00
LEONARD BROS. DATA MANAGEMENT 278.08 LIEBERT GLOBAL SERVICES 1,575.00 LISIO, JOHN 492.98 LOVELL, TONY 940.51 LUMPKIN, LINDA 52.97 MAGMA FOUNDRY TECHNOLOGIES 4,000.00
INTERMET CORPORATE CASE # 04-67597 CASH DISBURSEMENTS FEBRUARY 2005
[Download Table]
TOTAL
VENDOR DISBURSEMENTS
------ -------------
UCHA, TOM 241.54
Putnam 401K 46,573.63
QWEST 4.64
Racine 165,658.05
RAR HOLDINGS, INC. 3,322.00
Refractory Service, Inc. 117,557.00
REINHART, BOERNER, VAN DEUREN, 2,092.21
RES Manufacturing 52,317.12
RI Lampus 72,568.00
RICHARD A. NAWROCKI 104.03
RIDLEY'S BAKERY CAFE 822.00
ROBERT HALF TECHNOLOGY 11,022.38
ROBERTS, DONALD 722.32
RODGERS, KAREN 233.81
RUFF, GARY F. 194.54
RUTHERFORD, JOHN 1,631.58
SAFETY-KLEEN CORP. 199.40
SANDERS, S. DAVID 4,261.85
SBC 2,174.08
SCHELLHASE, DAN 1,161.79
SENIORSCRIPS 2,130.00
SHAW, ROBERT 286.92
SHAWBITZ, PAT 38.75
SHRED-IT DETROIT 79.80
SILBERT, RICHARD 620.81
SIMPLEXGRINNELL LP 1,179.00
Spartan Light Metal Products 29,192.20
Spectro Alloys Corporation 1,477,306.40
Spray-rite 14,250.85
SPRINT 26,526.32
SPRINT CONFERENCING SERVICES 1,127.04
SPROUSE, JANE 136.51
SRI Quality System Registrar 12,611.40
Standard Federal 11,305.99
STATE OF MICHIGAN 88.49
STERLING COMMERCE-73199 418.29
Stevensville 79,470.22
SUNGARD AVAILABILITY SERVICES 1,668.00
SUPERINTENDENT OF DOCUMENTS 147.00
Superior Graphite Co. 24,153.76
Supreme Cores 12,461.50
Tenneco Automotive 25,080.00
TERMINIX INTERNATIONAL 32.00
The David J. Joseph Company 345,991.32
THE FARMERS BANK OF APPOMATTOX 616.32
THOMAS H. JEFFS II 790.39
Tinnerman Palnut 23,170.36
T-MOBILE 141.65
Toyota Tsusho 45,750.71
TRADEWINDS AVIATION 8,849.12
Trans Man Logistics, Inc. 442,885.61
Transgroup WW Logistics 14,460.55
Trelleborg 115,920.00
INTERMET CORPORATE ASE # 04-67597
CASH DISBURSEMENTS FEBRUARY 2005
[Download Table]
TOTAL
VENDOR DISBURSEMENTS
------ ---------------
TSBY RR 52,316.33
Tube City 159,442.15
U.S. TRUSTEE 56,250.00
UGS CORP. 2,166.00
ULTRA-NAV AVIATION, INC. 822.00
UMETCO Inc. 115,500.00
Unimin Corporation 32,197.90
UNITED AMERICAN INSURANCE CO. 36,471.00
UNITED WAY OF CENTRAL VIRGINIA 285.00
UNIVERSAL SOFTWARE, INC. 562.50
US Magnesium LLC 724,018.30
VALLEY FASTENERS 6.63
Value Options 20,468.03
VALUEOPTIONS, INC 14,572.79
Vanguard 73,028.28
VANGUARD GROUP 15,753.16
Vanguard Group 401K 849,576.08
VASS, S. REID 2,574.92
VERIZON 1,925.09
VERIZON WIRELESS MESSAGING SVC 73.57
VERIZON WIRELESS-GREAT LAKES 2,200.41
Vesuvius 26,771.45
VIRGINIA DEPT. OF TAXATION 581.56
VISUAL IMPRESSIONS 212.00
VOSS, DAVID 50.00
W.E.L. INC. 1,209.03
WALKER, SEAN 472.74
WASTE MANAGEMENT 90.06
WATCON INC. 1,097.50
WAYNE BOOTH INVESTMENTS 25,300.00
Wheelabrator Abrasives 138,810.00
WOODLAND CAFE 512.60
WOODS, ROGERS & HAZLEGROVE PLC 2,479.74
XEROX CORPORATION 852.22
XPEDX - LYNCHBURG 157.80
ZEIMET, RANDY 205.64
---------------
$ 35,502,433.76
INTERMET COPORATION CASE # 04-67597 AT 2/28/05 CORPORATE - BANK RECONCILIATION
[Download Table]
Bank Balance $ -
Actual Outstanding Checks 467,832.06
Check #91795 cleared by bank
though voided by Corporate,adjusted in March. (41,438.11)
----------
426,393.95
Unadjusted GL Balance 426,393.95
----------
Difference $ -
==========
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: FEBRUARY 28, 2005
The following information is to be provided for each shareholder, officer,
director, manager, insider, or owner that is employed by the debtor in
possession. (Attach additional pages if necessary.)
Name: INTERMET CORP. Capacity: ___ Shareholder
Case Number: 04-67597 ___ Officer
___ Director
___ Insider
PLEASE SEE COMPANY PREPARED SCHEDULE ATTACHED.
[Download Table]
CURRENT COMPENSATION PAID: Weekly or Monthly
_______ _______
CURRENT BENEFITS PAID: Weekly or Monthly
Health Insurance _______ _______
Life Insurance _______ _______
Retirement _______ _______
Company Vehicle _______ _______
Entertainment _______ _______
Travel _______ _______
Other Benefits _______ _______
Total Benefits _______ _______
CURRENT OTHER BENEFITS PAID: Weekly or Monthly
Rent Paid _______ _______
Loans _______ _______
Other (Describe) _______ _______
Other (Describe) _______ _______
Other (Describe) _______ _______
Total Other Payments _______ _______
CURRENT TOTAL OF ALL PAYMENTS: Weekly or Monthly
_______ $ 0
Dated: MARCH 28, 2005
________________________________________
PRINCIPAL, OFFICER, DIRECTOR, OR INSIDER
Form 6
Intermet Corp.
Case Number: 04-67597
Intermet Corporation and Subsidiaries
Schedule of In-Force Insurance
[Download Table]
INSURANCE TYPE CARRIER POLICY PERIOD
-------------------- -------------- -----------------
Property Lloyds 11/1/04-11/1/05
Boiler/Machine Hartford 11/1/04-11/1/05
Cargo Fireman's Fund 11/1/04-11/1/05
Truck Cargo Fireman's Fund 11/1/04-11/1/05
Aviation USAIG 11/1/04-11/1/05
Fiduciary St. Paul 11/1/04-11/1/05
Primary D&O St. Paul 11/1/04-11/1/05
Excess D&O Chubb 11/1/04-11/1/05
Excess D&O Platte River 11/1/04-11/1/05
Crime AIG 12/1/04-12/1/05
General Liability ACE 12/22/04-12/22/05
Umbrella National Union 12/22/04-12/22/05
Workers' Comp ACE 12/22/04-6/22/05
Excess Workers' Comp ACE 12/22/04-12/22/05
Auto ACE 12/22/04-12/22/05
Foreign (DIC) ACE 12/22/04-12/22/05
Note: This list does not include In-Force Insurance for Foreign Subsidiaries.
UNITED STATES BANKRUPTCY COURTFOR THE EASTERN DISTRICT OF MICHIGANTRANSMITTAL OF FINANCIAL REPORTS ANDCERTIFICATION OF COMPLIANCE WITH UNITED STATES TRUSTEEOPERATING REQUIREMENTS FOR THE PERIOD ENDED FEBRUARY 28, 2005:IN RE: ) INTERMET CORPORATION, ET AL ) CASE NO: 04-67599
) Chapter 11
) Judge: Marci B. McIvor
ALEXANDER CITY CASTING CO., INC. )
Debtor )
As debtor in possession, I affirm:
1. That I have reviewed the financial statements attached hereto, consisting of:
X Operating Statement (Form 2)
X Balance Sheet (Form 3)
X Summary of Operations (Form 4)
X Monthly Cash Statement (Form 5)
X Statement of Compensation (Form 6)
X Schedule of In-Force Insurance (Form 7)
and that they have been prepared in accordance with normal and customary
accounting practices, and fairly and accurately reflect the debtor's financial
activity for the period stated;
2. That the insurance, including workers' compensation and unemployment
insurance, as described in Section 5 of the Operating Instructions and Reporting
Requirements For Chapter 11 Cases is in effect; and,
(if not, attach written explanation)
YES [X] NO [ ]
3. That all post-petition taxes as described in Section 9 of the Operating
Instructions and Reporting Requirements For Chapter 11 cases are current.
(If not, attach written explanation)
YES [X] NO [ ]
4. No professional fees (attorney, accountant, etc.) have been paid without
specific court authorization.
(If not, attach a written explanation)
YES [X] NO [ ]
5. All United States Trustee Quarterly fees have been paid and are current
YES [X] NO [ ]
6. Have you filed your pre-petition tax returns.
(If not, attach a written explanation)
YES [X] NO [ ]
I hereby certify, under penalty of perjury, that the information provided above
is true and correct to the best of my information and belief.
Dated: MARCH 28, 2005 /s/ Robert E. Belts
-------------------
Debtor In Possession
Chief Financial Officer (248)952-2500
----------------------- -------------
Title Phone
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs February
(Allocation of Corporate Costs to Filing Entities)
(000's)
[Download Table]
February
--------
Officer Compensation $ 189
Salary Expense other Employees 1,075
Employee Benefits and Pension 92
Payroll Taxes 67
Other Taxes (2)
Rent and Lease Expense 184
Interest Expense
Insurance 36
Automobile and Truck Expense 12
Utilities(Gas Electric,Phone) 33
Depreciation 73
Travel and Entertainment 55
Repairs and Maintenance (3)
Advertising/Promotion 0
Supplies, Office Expense 33
OTHER:
Contributions 0
Professional Fees - Audit/Tax 269
Bank Fees 11
Public Reporting Fees 16
Employee Relocation/Training 24
Data Processing 31
Dues and Subscriptions 20
Outside Services 111
Project Development Costs net of Billings (56)
Director Fees 25
Miscellaneous 33
Legal Fees 29
Cost Allocation - Europe (78)
Cost Allocation - Out (219)
--------
$ 2,060
========
Note: In 2005, Professional fees related to the bankruptcy restructuring have
been reclassified to non-operating expense (Other Income/expense). In
February, the expense was $2,800,000.
[Download Table]
Allocation:
Wagner Castings 191
Northern Castings 49
Ironton Iron 0
Lynchburg Foundry 193
Columbus Foundry 313
Wagner Havana 0
Intermet U.S. Holdings 259
Cast-Matic Corp. 82
Diversified Diemakers 257
Ganton Technologies 168
Tool Products 137
Corporate 411
--------
Total $ 2,060
========
INTERMET Corp. and Subsidiaries
Balance Sheet as of 2-28-05
[Download Table]
CASE # 04-67599
----------------
ALEXANDER
CITY CASTING CO.
----------------
Cash And Equivalents $ 0
Accounts Receivable 0
Short-Term Intercompany Receivables 0
Inventories 133
Other Current Assets 0
--------
TOTAL CURRENT ASSETS 133
Land and Buildings 537
Machinery & Equipment 1,592
Construction In Progress 0
--------
Total Fixed Assets 2,129
Accumulated Depreciation (1,572)
--------
NET FIXED ASSETS 557
Investment In Subsidiaries 0
Investment In European Operations 0
Long-Term Intercompany Receivables 0
Deferred Taxes, Long-Term Asset 0
Other Assets 0
--------
TOTAL ASSETS $690
========
LIABILITIES AND SHAREHOLDER EQUITY POST PETITION LIABILITIES
Accounts Payable $ 0
Wages and Salaries (See schedule) 0
Taxes Payable - (See schedule) 2
--------
TOTAL POST PETITION LIABILITIES 2 SECURED LIABILITIES: SECURED BANK DEBT 0 PRE-PETITION LIABILITIES:
Taxes and Other Priority Liabilities:
Accrued Income Taxes 0
Accrued Tax - State 0
Accrued Property Taxes 0
Accrued Workers Comp. 0
Accrued Payroll 0
Accrued Payroll Taxes 0
--------
TOTAL TAXES AND OTHER PRIORITY LIABILITIES 0 UNSECURED LIABILITIES
Accounts Payable 0
Senior & IDR Bonds 0
--------
TOTAL UNSECURED LIABILITIES 0 OTHER LIABILITIES
Accrued Liabilities 152
Short-Term Intercompany Payables 0
Capital Leases 0
Retirement Benefits 0
Deferred Taxes - Long-Term Liability 0
Other Long-Term Liabilities 0
Long-Term Intercompany Payables 36,948
Minority Interest 0
--------
TOTAL LIABILITIES 37,102
Common Stock 10
Capital In Excess Of Par Value 90
Retained Earnings - Prepetition (34,861)
Retained Earnings - Post Petition (1,651)
Equity In European Operations
Accumulated Translation Adjustment 0
Minimum Pension Liability Adjustment 0
Unearned Restricted Stock 0
--------
TOTAL SHAREHOLDER EQUITY (36,412)
--------
TOTAL LIABILITIES AND EQUITY $ 690
========
MONTHLY CASH STATEMENT
Period Ending: FEBRUARY 28, 2005 ALEXANDER CITY CASTING CO., INC.
Case Number: 04-67599
CASH ACTIVITY ANALYSIS (CASH BASIS ONLY):
[Enlarge/Download Table]
General Payroll Tax Cash Coll. Petty Cash
Acct. Acct. Acct. Acct. Acct.
A. Beginning Balance _____ _____ _____ _____ _____
B. Receipts _____ _____ _____ _____ _____
(Attach separate schedule)
C. Balance Available _____ _____ _____ _____ _____
(A+B)
D. Less Disbursements _____ _____ _____ _____ _____
(Attach separate schedule)
E. Ending Balance N/A - COMPANY HAS NO BANK ACCOUNTS
(C-D) (PLEASE ATTACH COPIES OF MOST RECENT RECONCILED BANK STATEMENTS FROM EACH ACCOUNT)
General Account:
1. Depository Name & Location ____________________________________
2. Account Number ____________________________________
Payroll Account:
1. Depository Name & Location ____________________________________
2. Account Number ____________________________________
Tax Account:
1. Depository Name & Location ____________________________________
2. Account Number ____________________________________
Other monies on hand (specify type and location) i.e., CD's, bonds, etc.:
____________________________________________________________________________
____________________________________________________________________________
Date: MARCH 28, 2005 ______________________________
Debtor in Possession
Form 5
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: FEBRUARY 28, 2005
The following information is to be provided for each shareholder, officer,
director, manager, insider, or owner that is employed by the debtor in
possession. (Attach additional pages if necessary.)
Name: ALEXANDER CITY CASTING CO., INC. Capacity: ___ Shareholder
Case Number: 04-67599 ___ Officer
___ Director
___ Insider
MANAGEMENT AND OTHER INSIDER COMPENSATION ARE MAINTAINED AT INTERMET CORPORATION. PLEASE SEE INTERMET CORPORATION (CASE #04-67597) FOR ALL INSIDER COMPENSATION/PAYMENTS.
[Download Table]
CURRENT COMPENSATION PAID: Weekly or Monthly
_______ _______
CURRENT BENEFITS PAID: Weekly or Monthly
Health Insurance _______ _______
Life Insurance _______ _______
Retirement _______ _______
Company Vehicle _______ _______
Entertainment _______ _______
Travel _______ _______
Other Benefits _______ _______
Total Benefits _______ _______
CURRENT OTHER BENEFITS PAID: Weekly or Monthly
Rent Paid _______ _______
Loans _______ _______
Other (Describe) _______ _______
Other (Describe) _______ _______
Other (Describe) _______ _______
Total Other Payments _______ _______
CURRENT TOTAL OF ALL PAYMENTS: Weekly or Monthly
_______ $0
Dated: MARCH 28, 2005 ________________________________________
PRINCIPAL, OFFICER, DIRECTOR, OR INSIDER
Form 6
Alexander City Casting Co., Inc.
Case Number: 04-67599
Intermet Corporation and Subsidiaries
Schedule of In-Force Insurance
[Download Table]
INSURANCE TYPE CARRIER POLICY PERIOD
-------------------- -------------- -----------------
Property Lloyds 11/1/04-11/1/05
Boiler/Machine Hartford 11/1/04-11/1/05
Cargo Fireman's Fund 11/1/04-11/1/05
Truck Cargo Fireman's Fund 11/1/04-11/1/05
Aviation USAIG 11/1/04-11/1/05
Fiduciary St. Paul 11/1/04-11/1/05
Primary D&O St. Paul 11/1/04-11/1/05
Excess D&O Chubb 11/1/04-11/1/05
Excess D&O Platte River 11/1/04-11/1/05
Crime AIG 12/1/04-12/1/05
General Liability ACE 12/22/04-12/22/05
Umbrella National Union 12/22/04-12/22/05
Workers' Comp ACE 12/22/04-6/22/05
Excess Workers' Comp ACE 12/22/04-12/22/05
Auto ACE 12/22/04-12/22/05
Foreign (DIC) ACE 12/22/04-12/22/05
Note: This list does not include In-Force Insurance for Foreign Subsidiaries.
UNITED STATES BANKRUPTCY COURTFOR THE EASTERN DISTRICT OF MICHIGANTRANSMITTAL OF FINANCIAL REPORTS ANDCERTIFICATION OF COMPLIANCE WITH UNITED STATES TRUSTEEOPERATING REQUIREMENTS FOR THE PERIOD ENDED FEBRUARY 28, 2005:IN RE: ) INTERMET CORPORATION, ET AL ) CASE NO: 04-67605
) Chapter 11
) Judge: Marci B. McIvor
CAST-MATIC CORPORATION )
Debtor )
As debtor in possession, I affirm:
1. That I have reviewed the financial statements attached hereto, consisting
of:
X Operating Statement (Form 2)
X Balance Sheet (Form 3)
X Summary of Operations (Form 4)
X Monthly Cash Statement (Form 5)
X Statement of Compensation (Form 6)
X Schedule of In-Force Insurance (Form 7)
and that they have been prepared in accordance with normal and customary
accounting practices, and fairly and accurately reflect the debtor's financial
activity for the period stated;
2. That the insurance, including workers' compensation and unemployment
insurance, as described in Section 5 of the Operating Instructions and Reporting
Requirements For Chapter 11 Cases is in effect; and, (if not, attach written
explanation)
YES [X] NO [ ]
3. That all post-petition taxes as described in Section 9 of the Operating
Instructions and Reporting Requirements For Chapter 11 cases are current.
(If not, attach written explanation)
YES [X] NO [ ]
4. No professional fees (attorney, accountant, etc.) have been paid without
specific court authorization.
(If not, attach a written explanation)
YES [X] NO [ ]
5. All United States Trustee Quarterly fees have been paid and are current
YES [X] NO [ ]
6. Have you filed your pre-petition tax returns.
(If not, attach a written explanation)
YES [X] NO [ ]
I hereby certify, under penalty of perjury, that the information provided above
is true and correct to the best of my information and belief.
Dated: MARCH 28, 2005 /s/ Robert E. Belts
------------------------------------------
Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- --------------
Title Phone
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs February
(Allocation of Corporate Costs to Filing Entities)
(000's)
[Download Table]
February
----------
Officer Compensation $ 189
Salary Expense other Employees 1,075
Employee Benefits and Pension 92
Payroll Taxes 67
Other Taxes (2)
Rent and Lease Expense 184
Interest Expense
Insurance 36
Automobile and Truck Expense 12
Utilities(Gas Electric, Phone) 33
Depreciation 73
Travel and Entertainment 55
Repairs and Maintenance (3)
Advertising/Promotion 0
Supplies, Office Expense 33
OTHER:
Contributions 0
Professional Fees - Audit/Tax 269
Bank Fees 11
Public Reporting Fees 16
Employee Relocation/Training 24
Data Processing 31
Dues and Subscriptions 20
Outside Services 111
Project Development Costs net of Billings (56)
Director Fees 25
Miscellaneous 33
Legal Fees 29
Cost Allocation - Europe (78)
Cost Allocation - Out (219)
----------
$ 2,060
==========
Note: In 2005, Professional fees related to the bankruptcy restructuring have
been reclassified to non-operating expense (Other Income/expense). In
February, the expense was $2,800,000.
[Download Table]
Allocation:
Wagner Castings 191
Northern Castings 49
Ironton Iron 0
Lynchburg Foundry 193
Columbus Foundry 313
Wagner Havana 0
Intermet U.S. Holdings 259
Cast-Matic Corp. 82
Diversified Diemakers 257
Ganton Technologies 168
Tool Products 137
Corporate 411
----------
Total $ 2,060
==========
CAST-MATIC CORP. CASE NO. 04-67605
CASH DISBURSEMENTS FEBRUARY 2005
[Download Table]
VENDOR TOTAL DISBURSEMENTS
---------------------------------- -------------------
William Atkins 91.50
Wood Temporary Staffing 14,223.47
Y.E.S. 52,515.57
Youngblood Air Systems 11,498.58
Yxlon International 16,236.00
Turpin Wholesale, Inc 230.46
United States Postal Service 500.00
Unum Life Ins. Co. of Amer. 3,037.93
Valenite 142.00
Vektek 2,226.10
W. H. Duffill 186.44
West Michigan Hydraulics 308.31
Westmoreland Mech. Testing & Res. 11,210.00
-------------------
$ 3,064,359.38
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: FEBRUARY 28, 2005
The following information is to be provided for each shareholder, officer,
director, manager, insider, or owner that is employed by the debtor in
possession. (Attach additional pages if necessary.)
Name: CAST-MATIC CORPORATION Capacity: ___ Shareholder
Case Number: 04-67605 ___ Officer
___ Director
___ Insider
MANAGEMENT AND OTHER INSIDER COMPENSATION ARE MAINTAINED AT INTERMET CORPORATION. PLEASE SEE INTERMET CORPORATION (CASE #04-67597) FOR ALL INSIDER COMPENSATION/PAYMENTS.
[Download Table]
CURRENT COMPENSATION PAID: Weekly or Monthly
_______ _______
CURRENT BENEFITS PAID: Weekly or Monthly
Health Insurance _______ _______
Life Insurance _______ _______
Retirement _______ _______
Company Vehicle _______ _______
Entertainment _______ _______
Travel _______ _______
Other Benefits _______ _______
Total Benefits _______ _______
CURRENT OTHER BENEFITS PAID: Weekly or Monthly
Rent Paid _______ _______
Loans _______ _______
Other (Describe) _______ _______
Other (Describe) _______ _______
Other (Describe) _______ _______
Total Other Payments _______ _______
CURRENT TOTAL OF ALL PAYMENTS: Weekly or Monthly
_______ $0
Dated: MARCH 28, 2005 __________________________________________
PRINCIPAL, OFFICER, DIRECTOR, OR INSIDER
Form 6
Cast-Matic Corporation
Case number: 04-67605
Intermet Corporation and Subsidiaries
Schedule of In-Force Insurance
[Download Table]
INSURANCE TYPE CARRIER POLICY PERIOD
-------------- ------- -------------
Property Lloyds 11/1/04-11/1/05
Boiler/Machine Hartford 11/1/04-11/1/05
Cargo Fireman's Fund 11/1/04-11/1/05
Truck Cargo Fireman's Fund 11/1/04-11/1/05
Aviation USAIG 11/1/04-11/1/05
Fiduciary St. Paul 11/1/04-11/1/05
Primary D&O St. Paul 11/1/04-11/1/05
Excess D&O Chubb 11/1/04-11/1/05
Excess D&O Platte River 11/1/04-11/1/05
Crime AIG 12/1/04-12/1/05
General Liability ACE 12/22/04-12/22/05
Umbrella National Union 12/22/04-12/22/05
Workers' Comp ACE 12/22/04-6/22/05
Excess Workers' Comp ACE 12/22/04-12/22/05
Auto ACE 12/22/04-12/22/05
Foreign (DIC) ACE 12/22/04-12/22/05
Note: This list does not include In-Force Insurance for Foreign Subsidiaries.
UNITED STATES BANKRUPTCY COURTFOR THE EASTERN DISTRICT OF MICHIGANTRANSMITTAL OF FINANCIAL REPORTS ANDCERTIFICATION OF COMPLIANCE WITH UNITED STATES TRUSTEEOPERATING REQUIREMENTS FOR THE PERIOD ENDED FEBRUARY 28, 2005:IN RE: ) INTERMET CORPORATION, ET AL ) CASE NO: 04-67609
) Chapter 11
) Judge: Marci B. McIvor
COLUMBUS FOUNDRY, L.P. )
Debtor )
As debtor in possession, I affirm:
1. That I have reviewed the financial statements attached hereto, consisting
of:
X Operating Statement (Form 2)
X Balance Sheet (Form 3)
X Summary of Operations (Form 4)
X Monthly Cash Statement (Form 5)
X Statement of Compensation (Form 6)
X Schedule of In-Force Insurance (Form 7)
and that they have been prepared in accordance with normal and customary
accounting practices, and fairly and accurately reflect the debtor's financial
activity for the period stated;
2. That the insurance, including workers' compensation and unemployment
insurance, as described in Section 5 of the Operating Instructions and Reporting
Requirements For Chapter 11 Cases is in effect; and,
(if not, attach written explanation)
YES [X] NO [ ]
3. That all post-petition taxes as described in Section 9 of the Operating
Instructions and Reporting Requirements For Chapter 11 cases are current.
(If not, attach written explanation)
YES [X] NO [ ]
4. No professional fees (attorney, accountant, etc.) have been paid without
specific court authorization.
(If not, attach a written explanation)
YES [X] NO [ ]
5. All United States Trustee Quarterly fees have been paid and are current
YES [X] NO [ ]
6. Have you filed your pre-petition tax returns.
(If not, attach a written explanation)
YES [X] NO [ ]
I hereby certify, under penalty of perjury, that the information provided above
is true and correct to the best of my information and belief.
Dated: MARCH 28, 2005 /s/ Robert E. Belts
-------------------
Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- --------------
Title Phone
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs February
(Allocation of Corporate Costs to Filing Entities)
(000's)
[Download Table]
February
--------
Officer Compensation $ 189
Salary Expense other Employees 1,075
Employee Benefits and Pension 92
Payroll Taxes 67
Other Taxes (2)
Rent and Lease Expense 184
Interest Expense
Insurance 36
Automobile and Truck Expense 12
Utilities(Gas Electric, Phone) 33
Depreciation 73
Travel and Entertainment 55
Repairs and Maintenance (3)
Advertising/Promotion 0
Supplies, Office Expense 33
OTHER:
Contributions 0
Professional Fees - Audit/Tax 269
Bank Fees 11
Public Reporting Fees 16
Employee Relocation/Training 24
Data Processing 31
Dues and Subscriptions 20
Outside Services 111
Project Development Costs net of Billings (56)
Director Fees 25
Miscellaneous 33
Legal Fees 29
Cost Allocation - Europe (78)
Cost Allocation - Out (219)
-------
$ 2,060
=======
Note: In 2005, Professional fees related to the bankruptcy restructuring have
been reclassified to non-operating expense (Other Income/expense). In
February, the expense was $2,800,000.
[Download Table]
Allocation:
Wagner Castings 191
Northern Castings 49
Ironton Iron 0
Lynchburg Foundry 193
Columbus Foundry 313
Wagner Havana 0
Intermet U.S. Holdings 259
Cast-Matic Corp. 82
Diversified Diemakers 257
Ganton Technologies 168
Tool Products 137
Corporate 411
-------
Total $ 2,060
=======
COLUMBUS FOUNDRY CASE NO. 04-67609
CASH DISBURSEMENTS FEBRUARY 2005
[Download Table]
VENDOR TOTAL DISBURSEMENTS
-------------------------------- -------------------
ABB ROBOTICS 12,400.00 ABEL, JOHN N. 1,438.29 ACTIVATION, INC. 24,254.95 ADECCO EMPLOYMENT SERVICES 2,131.20 ADP INC 2,835.40 ADULT PROBATION OFFICE 1,935.08 AETNA US HEALTHCARE 9,015.92 AIR SPECIALIST INC 280.19 AIRGAS DRY ICE 395.00 AIRGAS SOUTH INC. 978.31 ALABAMA CHILD SUPPORT PAYMENT 13,740.92 ALABAMA CHILD SUPPORT PAYMENT 362.50 ALLEGRA PRINT & IMAGING 84.53 ALLEN RICHIE 1,088.54 ALLEN, JOHN F. 1,024.37 ALLIED MINERAL PRODUCTS INC 12,930.00 AMERICAN BUSINESS FORMS 9,324.33 AMERICAN COLLOID COMPANY 202,123.25 AMERICAN EYE CARE 905.55 AMERICAN FAMILY LIFE 214.39 AMERICAN FOUNDRY SOCIETY 84.00 APPLIED SOFTWARE 636.65 ATHLETIC DEPT. 598.32 ATMOS ENERGY 154,587.47 AUTOMATED BUSINESS MACHINES 682.00 BARLOWORLD HANDLING LP 35,686.08 BEARDSLEY & PIPER, LLC 91.00 BEAUFORT COUNTY FAMILY COURT 253.08 BECK & ASSOCIATES 1,425.00 BHA GROUP 114.41 BHA GROUP INC 2,026.65 BIRMINGHAM CRANE & HOIST, 37,651.49 BROADSPIRE SERVICES INC 23,880.04 C.A. PICARD SURFACE ENGIN 12,221.04 CAIL TOOL & MACHINERY, INC. 2,653.60 CAMERON & BARKLEY CO. 1,662.13 CARLA DEVITA REED 600.00 CARRIER VIBRATING EQUIPMENT, I 3,209.22 CBI LEASING INC #1 11,710.11 CHAPTER 13 TRUSTEE 23,934.90 CHEMSEARCH 1,049.67 CHILD SUPPORT ENFORCEMENT, FSR 1,606.00 CHILD SUPPORT ENFORCEMENT, FSR 450.00 CINTAS CORP. 6,023.90 CLAREDON TEXTILES INC. 7,835.98 CLEARINGHOUSE 332.52 CLERK OF MUNICIPAL COURT 470.42 CLERK OF THE CIRCUIT COURT 498.40 COASTAL ENERGY 19,105.65 COBB WIRE ROPE & SLING CO. 1,222.52 COLUMBUS FIRE & SAFETY EQUIP 178.58
COLUMBUS FOUNDRY CASE NO. 04-67609
CASH DISBURSEMENTS FEBRUARY 2005
[Download Table]
VENDOR TOTAL DISBURSEMENTS
-------------------------------- -------------------
COLUMBUS INDUSTRIAL SUPPLY 1,691.05 COLUMBUS RUBBER & GASKET, INC. 192.00 COLUMBUS WATER WORKS 8,608.31 CONSOLIDATED ELECTRICAL DISTRI 893.45 CONSTRUCTION MANAGEMENT SERVIC 27,292.00 CONVERGED NETWORKS 9,900.00 CONVEYOR DYNAMICS 3,634.86 CORINNE T. HURST/CIRCUIT C 151.00 CRAWFORD VOLUNTEER FIRE DEPT 100.00 CRAYTON, GEORGE 324.38 CURTIS REDDING 1,428.00 DANIELS, RICHARD 450.92 DAUBER COMPANY, INC. 14,112.00 DAVID J JOSEPH COMPANY 332,955.70 DEFENDER SERVICES INC 18,993.44 DENNY ENTERPRISES 512.00 DIDION INTERNATIONAL INC 77,718.12 DISAMATIC 29,594.80 DYNAMIC AIR INC. 151.07 E COHN COMPANY, INC. 1,575.00 EAGLITE CHEMICALS 10,146.00 EARTHLINK INC 23.95 EAST COAST INDUSTRIAL TIRE 3,552.49 EBCO BATTERY CO 389.31 EDDIE WILLIAMS 8,136.16 EDWARD E. RIFFLE 375.00 ELECTRIC MELTING SRVCES SW INC 4,123.63 ELEVATOR SERVICE COMPANY 184.79 ELKEM METALS, INC. 105,977.97 ENVIRONMENTAL TECHNOLOGY CORP 73.30 ETA ENGINEERING, INC. 1,242.00 EXCEL 491.00 F & B AUTO ELECTRIC SERVICE 890.78 FAMILY SUPPORT REGISTRY FSR 40,077.60 FERGUSON ENTERPRISES 1,231.00 FISHER SCIENTIFIC CO. 2,811.80 FLETCHER OIL INC. 5,553.50 FORKLIFTS PLUS, INC. 386.58 FORTNEY, LEE 573.64 FREEMAN MFG. & SUPPLY CO. 1,502.19 G E CAPITAL 005 9,255.00 G E CAPITAL 006 16,229.76 G E CAPITAL 007 9,903.92 G E CAPITAL 008 7,553.13 GA AUTOMATION CO. INC. 941.69 GA VALVE & FITTING CO. 232.80 GEMS SENSORS DIVISION 222.24 GENERAL KINEMATICS 4,502.48 GENTRY MACHINE WORKS, INC. 44,096.78 GEORGIA POWER 716,294.49 GEORGIA POWER CO 44.60 GEORGIA TECH 225.00
COLUMBUS FOUNDRY CASE NO. 04-67609
CASH DISBURSEMENTS FEBRUARY 2005
[Download Table]
VENDOR TOTAL DISBURSEMENTS
-------------------------------- -------------------
MICHAEL SMITH 2,088.00 MIDWEST INSTRUMENT COMPANY 1,200.50 MIKE GRAY 135.58 MIKE WINDISH 4,229.67 MILLER AND COMPANY LLC 49,766.02 MILLER LANDSCAPING 700.00 MODERN EQUIPMENT CO 2,532.34 MOTION INDUSTRIES, INC. 33,296.07 MT SYSTEMS, INC 1,041.58 NATIONAL AFFILIATED TECHNOLOGI 1,595.00 NATIONAL BELT SERVICE, INC 24,979.60 NC CHILD SUPPORT CENTRALIZED 271.00 NEW MOUNTAIN HILL ATHLETIC 500.00 NEWARK ELECTRONICS 412.27 NEWCO 17,606.42 NOBLE COUNTY CLERK 1,560.01 NOBLE SALES 17,634.48 NORFOLK SOUTHERN CORPORATION 80,000.00 NORTH COLUMBUS PHARMACY 97.50 NORTHSIDE H.S. SOCCER 250.00 OCCUPATIONAL MEDICINE OF 1,594.00 ODYSSEY PRINTING & GRAPHICS 3,150.66 OFFICE DEPOT CREDIT PLAN 394.43 OFFICE OF THE ATTORNEY GENERAL 504.00 OHIO CSPC 765.92 OMNISOURCE COPPER 30,200.00 OMNISOURCE CORPORATION - STEEL $ 2,473,513.25 OVERBY COMPANY, THE 6,595.40 PARMER WATER COMPANY 27.82 PAYROLL DISBURSED (INCLUDES CORP PAYMENT) 1,898,144.26 PENSION BENEFIT QUARANTY CORP. 12,654.00 PERFECT PATTERNS INC. 115,145.00 PIEDMONT FOUNDRY SUPPLY, INC. 3,339.32 PIEDMONT NATIONAL CORPORATION 812.71 PINE HOLLOW, INC. 16,720.00 PINSON VALLEY HEAT TREAT 675.00 POSTMASTER 892.00 POWERMOTION 2,699.27 PREFERRED SOURCING 24,851.25 PRIMETRADE, INC. 1,007,742.96 PROVIDENT LIFE & ACCIDENT INS. 6,953.47 PRYOR GIGGEY COMPANY 3,457.20 QUALI-FAB. INC. 4,620.00 RADIO WHOLESALE MARKETING 1,647.01 RAY RENTS, INC. 38.32 REAVES WRECKING 1,000.00 REFRACTORY SALES & SERVICE CO. 16,749.60 REYNOLDS SUPPLY CO. 6,267.63 RICHARD DANIELS 149.75 ROBERTS SINTO CORPORATION 145.85 ROCKWELL AUTOMATION 335.84 RODGERS METAL CRAFT, INC. 16,705.91
COLUMBUS FOUNDRY CASE NO. 04-67609
CASH DISBURSEMENTS FEBRUARY 2005
[Download Table]
VENDOR TOTAL DISBURSEMENTS
-------------------------------- -------------------
ROURA IRON WORKS, INC. 18,400.00 RUSS THUROW 6,000.00 SAFETY SOUTH 7,608.49 SAFETY-KLEEN CORP. 1,581.82 SAM'S WELDING 2,925.00 SCORE, INC 15,620.00 SERVICIOS INDUSTRIALES PRECISO 5,400.98 SHAW GOLF BOOSTER CLUB 440.00 SHEMWELL, DAVID 749.77 SHEPARD NILES 9,879.51 SHERRIE FAYE LANDRY 650.00 SHOES 'N COMPANY 3,172.23 SIMPSON TECHNOLOGIES 757.00 SMITH GRAY ELECTRIC CO., INC. 12,495.42 SMITH, MIKE 2,974.69 SOUTHEASTERN TESTING LAB, INC. 29.75 SOUTHERN COPPER & SUPPLY CO. 878.50 SOUTHERN STATES TOYOTALIFT 7,814.04 SOUTHLAND CHEMICAL 82.13 SPAR SPECIALTY REFRACTORIES 12,672.00 SPECIALTY CARBIDE PRODUCTS 306.50 SPX CONTECH 1,171.38 STAFFING SOLUTIONS, COLUMBUS 408.00 STATE COURT OF GWINNETT CTY 891.35 STATE DISBURSEMENT UNIT 2,771.27 STATE DISBURSEMENT UNIT 437.67 STATE OF FLORIDA DISBURSMENT 821.84 SUPREME CORES OF THE CAROLINAS 12,461.50 TECHNICAL SERVICES GROUP INC 6,000.00 TECHNO 3,279.23 TELEDYNE ISCO,INC 153.10 TENNANT SALES & SERVICE CO 222.83 THE BUSINESS RESOURCE CENTER 360.00 THE LUNCH BOX 400.00 THE MODAL SHOP 357.29 THE NEW KEIBLER-THOMPSON CO. 3,509.50 THORNTON, JOSEPH 400.00 TOOLING & EQUIPMENT INTERNAT'L 280.00 TRANS-MAN LOGISTICS, INC. 37,677.10 TRIPLE M MANUFACTURING, INC. 12,060.00 TRU KUT INC 1,873.29 TUBE CITY, INC. 267,865.93 U.S. DEPT OF EDUCATION 296.18 UMETCO, INC 94,500.00 UNEEDA GLASS 345.78 UNIFRAX 20,766.72 UNIMIN CORPORATION 20,997.90 UNISOURCE WORLDWIDE INC 2,882.40 UNITED RENTALS, INC. 1,495.96 UNITED STATES POSTAL SERVICE 1,000.00 UNITED WAY CHATTAHOOCHEE CTY 1,009.74 VALLEY PLUMBING COMPANY 520.00
COLUMBUS FOUNDRY CASE NO. 04-67609 AT 2/28/05 COLUMBUS FOUNDRY - BANK RECONCILIATION
[Download Table]
Bank Balance $ -
Actual Outstanding Checks 683,685.87
Georgia Sales Tax EFT booked in March (37,861.22)
Georgia Child Support EFT booked in March (19,559.05)
Misc Reconciling Items Adjusted in March 2,009.75
------------
628,275.35
Unadjusted GL Balance 628,275.35
------------
Difference $ -
============
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: FEBRUARY 28, 2005
The following information is to be provided for each shareholder, officer,
director, manager, insider, or owner that is employed by the debtor in
possession. (Attach additional pages if necessary.)
Name: COLUMBUS FOUNDRY, L.P. Capacity: ___ Shareholder
Case Number: 04-67609 ___ Officer
___ Director
___ Insider
MANAGEMENT AND OTHER INSIDER COMPENSATION ARE MAINTAINED AT INTERMET CORPORATION. PLEASE SEE INTERMET CORPORATION (CASE #04-67597) FOR ALL INSIDER COMPENSATION/PAYMENTS.
[Download Table]
CURRENT COMPENSATION PAID: Weekly or Monthly
________
CURRENT BENEFITS PAID: Weekly or Monthly
Health Insurance _______ ________
Life Insurance _______ ________
Retirement ________
Company Vehicle _______ _______
Entertainment _______ ________
Travel _______ ________
Other Benefits _______ ________
Total Benefits _______ ________
CURRENT OTHER BENEFITS PAID: Weekly or Monthly
Rent Paid _______ ________
Loans _______ ________
Other (Describe) _______ ________
Other (Describe) _______ ________
Other (Describe) _______ ________
Total Other Payments _______ ________
CURRENT TOTAL OF ALL PAYMENTS: Weekly or Monthly
_______ $0
Dated: MARCH 28, 2005 ________________________________________
PRINCIPAL, OFFICER, DIRECTOR, OR INSIDER
Form 6
Columbus Foundry, L.P.
Case Number: 04-67609
Intermet Corporation and Subsidiaries
Schedule of In-Force Insurance
[Download Table]
INSURANCE TYPE CARRIER POLICY PERIOD
-------------------- -------------- -----------------
Property Lloyds 11/1/04-11/1/05
Boiler/Machine Hartford 11/1/04-11/1/05
Cargo Fireman's Fund 11/1/04-11/1/05
Truck Cargo Fireman's Fund 11/1/04-11/1/05
Aviation USAIG 11/1/04-11/1/05
Fiduciary St. Paul 11/1/04-11/1/05
Primary D&O St. Paul 11/1/04-11/1/05
Excess D&O Chubb 11/1/04-11/1/05
Excess D&O Platte River 11/1/04-11/1/05
Crime AIG 12/1/04-12/1/05
General Liability ACE 12/22/04-12/22/05
Umbrella National Union 12/22/04-12/22/05
Workers' Comp ACE 12/22/04-6/22/05
Excess Workers' Comp ACE 12/22/04-12/22/05
Auto ACE 12/22/04-12/22/05
Foreign (DIC) ACE 12/22/04-12/22/05
Note: This list does not include In-Force Insurance for Foreign Subsidiaries.
UNITED STATES BANKRUPTCY COURTFOR THE EASTERN DISTRICT OF MICHIGANTRANSMITTAL OF FINANCIAL REPORTS ANDCERTIFICATION OF COMPLIANCE WITH UNITED STATES TRUSTEEOPERATING REQUIREMENTS FOR THE PERIOD ENDED FEBRUARY 28, 2005:IN RE: ) INTERMET CORPORATION, ET AL ) CASE NO: 04-67612
) Chapter 11
) Judge: Marci B. McIvor
DIVERSIFIED DIEMAKERS, INC. )
Debtor )
As debtor in possession, I affirm:
1. That I have reviewed the financial statements attached hereto,
consisting of:
X Operating Statement (Form 2)
X Balance Sheet (Form 3)
X Summary of Operations (Form 4)
X Monthly Cash Statement (Form 5)
X Statement of Compensation (Form 6)
X Schedule of In-Force Insurance (Form 7)
and that they have been prepared in accordance with normal and customary
accounting practices, and fairly and accurately reflect the debtor's financial
activity for the period stated;
2. That the insurance, including workers' compensation and unemployment
insurance, as described in Section 5 of the Operating Instructions and Reporting
Requirements For Chapter 11 Cases is in effect; and,
(if not, attach written explanation)
YES [X] NO [ ]
3. That all post-petition taxes as described in Section 9 of the Operating
Instructions and Reporting Requirements For Chapter 11 cases are current.
(If not, attach written explanation)
YES [X] NO [ ]
4. No professional fees (attorney, accountant, etc.) have been paid without
specific court authorization.
(If not, attach a written explanation)
YES [X] NO [ ]
5. All United States Trustee Quarterly fees have been paid and are current
YES [X] NO [ ]
6. Have you filed your pre-petition tax returns.
(If not, attach a written explanation)
YES [X] NO [ ]
I hereby certify, under penalty of perjury, that the information provided above
is true and correct to the best of my information and belief.
Dated:MARCH 28, 2005 /s/ Robert E. Belts
---------------------------------------
Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- ---------------
Title Phone
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs February
(Allocation of Corporate Costs to Filing Entities)
(000's)
[Download Table]
February
---------
Officer Compensation $ 189
Salary Expense other Employees 1,075
Employee Benefits and Pension 92
Payroll Taxes 67
Other Taxes (2)
Rent and Lease Expense 184
Interest Expense
Insurance 36
Automobile and Truck Expense 12
Utilities(Gas Electric,Phone) 33
Depreciation 73
Travel and Entertainment 55
Repairs and Maintenance (3)
Advertising/Promotion 0
Supplies, Office Expense 33
OTHER:
Contributions 0
Professional Fees - Audit/Tax 269
Bank Fees 11
Public Reporting Fees 16
Employee Relocation/Training 24
Data Processing 31
Dues and Subscriptions 20
Outside Services 111
Project Development Costs net of Billings (56)
Director Fees 25
Miscellaneous 33
Legal Fees 29
Cost Allocation - Europe (78)
Cost Allocation - Out (219)
---------
$ 2,060
=========
Note: In 2005, Professional fees related to the bankruptcy restructuring have
been reclassified to non-operating expense (Other Income/expense). In
February, the expense was $2,800,000.
[Download Table]
Allocation:
Wagner Castings 191
Northern Castings 49
Ironton Iron 0
Lynchburg Foundry 193
Columbus Foundry 313
Wagner Havana 0
Intermet U.S. Holdings 259
Cast-Matic Corp. 82
Diversified Diemakers 257
Ganton Technologies 168
Tool Products 137
Corporate 411
---------
Total $ 2,060
=========
DIVERSIFIED DIEMAKERS, INC. CASE NO. 04-67612
CASH DISBURSEMENTS FEBRUARY 2005
[Download Table]
VENDOR TOTAL DISBURSEMENTS
------------------------------ -------------------
A & S PRINTING SERVICE 13,799.12 A. RAYMOND INC 1,511.14 AAF INTERNATIONAL 80.77 ABB INC. 1,649.00 ABBOTT SUPPLY LLC 1,198.41 ACHESON COLLOIDS COMPANY 3,267.00 ADAMS MACHINERY MOVERS INC 2,040.00 ADECCO EMPLOYMENT SERVICES 68,714.74 ALBERT BUSS 178.87 ALCOA FASTENING SYSTEMS 2,346.09 ALCOA INC. 4,960.00 ALLEGHENY COATINGS 1,295.94 ALRO MASCO ST. LOUIS 3,156.50 ALTORFER MACHINERY COMPANY 814.01 AMERICAN METAL CHEMICAL CORP 297.00 APPLEBEE TREE FLOWERS & GIFTS 282.53 AREA DISTRIBUTORS INC. 199.06 AROBOTECH SYSTEMS INC 1,486.60 ART FUEMMELER 15.00 ASI - DATAMYTE 312.68 AT&T 23.42 ATMOS ENERGY 3,240.31 AWERKAMP MACHINE CO. 552.73
B.C. MacDONALD & COMPANY 456.01
BALZERS TOOL COATING INC. 25.11 BANK OF AMERICA 7,091.07 BANNER MACHINE TOOL&SUPPLY CO 291.41 BARNES INTERNATIONAL, INC. 260.00 BDC, INC. 5,527.97 BENT TUBE, INC. 4,255.39 BEVERLY DIECKMAN 130.95 BFI QUINCY 2,221.64 BIJUR LUBRICATING CORPORATION 17.93 BIRDSALL TOOL & GAGE 285.00 BLEIGH READY MIX CO. 998.41 BOBBI HUDSON 15.38 BODLE DIAMOND INDUSTRIES 156.50 BOKUM TOOL COMPANY, INC. 208.98 BOULEVARD PROPERTIESM, LLC. 821.25 BOXES, INC. 11,260.00 BRAD MURPHY 72.62 BRAHLER'S TRUCKERS SUPPLY INC 392.19
BRENT DUDGEON (employee) 886.81
BUCKMAN'S CONVENIENCE STORE 1,755.70
BYRON McLELLAND 75.00
CALIFORNIA INDUSTRIAL PRODUCTS 13,042.26 CAMCAR TEXTRON 9,539.06 CANFIELD & JOSEPH, INC. 134.38 CAPE ELECTRICAL SUPPLY, INC. 6,210.99
CARL HAYS (employee) 15.00
CAROLYN A. GRAINGER 3,153.50 CASTING EQUIPMENT & SUPPLY 900.00
DIVERSIFIED DIEMAKERS, INC. CASE NO. 04-67612
CASH DISBURSEMENTS FEBRUARY 2005
[Download Table]
VENDOR TOTAL DISBURSEMENTS
------------------------------ -------------------
CASTOOL TOOLING SOLUTIONS 14,494.00 CATHERINE HIRNER 200.00 CENTRAL WELDING SUPPLIES, INC. 25,271.67 CENTURYTEL 3,992.07 CHARLIE PORTER 24.50
CHARLIE SMOOT (employee) 101.25
CHEM-TREND INCORPORATED 15,503.61 CHINN ENTERPRISES, LLC 18,164.00 CHRISTY REFRACTORIES COMPANY 355.44 CITY OF MONROE CITY 128,823.07 CITY OF SHELBINA 986.88 CLEAN WATER SOLUTIONS 87.47 COMETALS 454,745.10 COMMON SENSE ENTERPRISES 190.00
CONNIE BARNARD (employee) 22.50
CONTAINER DISTRIBUTERS INC 6,078.20 CONTROL-AIR, INC. 1,222.82 COORSTEK, INC. 7,109.72 COPPER & BRASS SALES 204.84 CRESCENT ELECTRIC SUPPLY CO 830.42 CREST PRODUCTS INC 4,274.00 CROSS HULLER DRILLUNIT 584.52 CROWN LINEN SERVICE, INC. 2,190.56
DAN FOSTER (employee) 382.40
DANA CORPORATION 250,542.00 DANIEL SKAGGS 897.48 DAVIS TOOL & DIE $ 334,077.00 DEAD SEA MAGNESIUM LTD 779,645.16 DEBBIE LEWIS 75.00 DENNY MOSS 34.50 DIEMER & ASSOCIATES 8,788.52 DISA GOFF, INC. 517.46
DIVERSIFIED DIEMAKERS(employee related) 763.01
DOALL COMPANY 533.68 DOMINO AMJET INC 73.96
DON HAYS (employee) 467.13
DWYER INSTRUMENTS, INC. 152.72 EASTERN ALLOYS 136,468.81 EFD, INC. 115.22 E-JAY THERMO PRODUCTS, INC. 317.03 ELECTROCHEM, INC. OF MO 1,828.50 ELECTRODES, INC. 1,052.29 ENGINEERED FINISING CORP 360.80 ENGINEERED LUBRICANTS CO. 12,554.79 ENGINEERED PRODUCTS 1,504.30 ENGINEERED SALES 369.20 FANUC ROBOTICS NORTH AMERICA 877.48 FANUC, USA CORP 4,764.00 FASTENAL COMPANY 1,701.49
FedEx 355.86
FIRST BANKCARD 256.50 FLO-PRODUCTS COMPANY 95.98 FRANK FLORI EQUIPMENT CO. 266.79
DIVERSIFIED DIEMAKERS, INC. CASE NO. 04-67612
CASH DISBURSEMENTS FEBRUARY 2005
[Download Table]
VENDOR TOTAL DISBURSEMENTS
------------------------------ -------------------
FRENCH GERLEMAN ELECTRIC CO. 10,272.14 FREUDENBERG - NOK 10,148.00 FS MIDWEST 5,900.00 G&H DIVERSIFIED MFG, L.P. 6,676.00 G.S. ROBINS AND COMPANY 685.43 GARFIELD ALLOYS, INC. 7,200.00 GARY SHOEMAKER 37.50 GARY YAGER 546.03 GASKET & SEAL FABRIC. INC. 37.59 GATEWAY METALS INC. 7,184.54 GATEWAY PHARMACY 402.18 GDC, INC. 339.57 GE CAPITAL 8,219.96 GETZ FIRE EQUIPMENT CO. 10,547.96 GIBBS 1,215.00 GOAD COMPANY 326.70 GRAINGER 6,001.35 GRAVOGRAPH 71.53 GREENFIELD COMMERCIAL CREDIT 1,175.00 GREG COOPER 352.71 GREG FARR 48.18 GULLY TRANSPORATION 550.00 HANNIBAL BOARD OF PUBLIC WORKS 28,582.18 HANNIBAL CLINIC INC 40.00 HANNIBAL COURIER-POST 274.40 HANNIBAL REGIONAL HOSPITAL 150.00 HANNIBAL VISION CENTER 232.00 HARCOURT ASSESMENT INC 166.47 HARTWIG, INC. 3,664.39 HEIMER CONSTRUCTION 2,315.00 HEINTZ ELECTRIC COMPANY 184.52 HELCO PRECISION TOOLS & GAGES 348.22 HENKEL LOCTITE CORPORATION 1,165.08 HILLYARD FLOOR CARE SUPPLY 6,676.49 HTE TECHNOLOGIES 13,320.72
iCONNECT 100.40
IDG USA, LLC 5,990.84 IDRAPRINCE, INC. 28,744.31 ILLINI ENVIRONMENTAL INC. 8,000.00 INDUSTRIAL FINISHING SERVICES 28,176.08 INDUSTRIAL INNOVATIO 207.39 INDUSTRIAL STRAINER COMPANY 1,802.79 INSIGHT/HARDDRIVES INT'L. 323.40 IOSSO METAL PROCESSES 675.00 IOWA MACHINERY & SUPPLY 615.85 ISA, INC 3,005.59 JACKSON BROS-HEARTLAND 2,698.40 JAMES KAYLOR 75.00 JASON DEXTER 75.00
JASON STARK (employee) 48.75
JEFF HESS 40.58 JOE MCCLURE 51.75 JOE MORRIS 120.95
DIVERSIFIED DIEMAKERS, INC. CASE NO. 04-67612
CASH DISBURSEMENTS FEBRUARY 2005
[Download Table]
VENDOR TOTAL DISBURSEMENTS
------------------------------ -------------------
JOHN HENRY FOSTER CO. 1,297.77 JOHN LONG 91.13 KENNETH BAKER 75.00
KEVIN BICHSEL (employee) 88.75
KEVIN PETERS (employee) 139.10
KEVIN SPALDING 93.07 KEYENCE CORP OF AMERICA 23,205.00 L.N. BROSS 10,817.19 LACQUEMENT SCALE & EQUIP. CO. 675.00 LEANDER LUBRICANTS 471.35
LISA MARTIN (employee) 246.41
LISA OBERT (employee) 210.06
LISA YAGER 45.00 LOGAN A. GRESHAM CO. 1,153.14 LOWRY COMPUTER PRODUCTS INC 365.88 LUBY EQUIPMENT SERVICES 1,544.30 M.A. ALTRUP COMPANY 87.25 MALCOM CO 304.38 MANPOWER 15,168.59 MARK ADAMS 597.43 MARK TWAIN SUPPLY CO. 14,790.91 MARLON BUSINESS FORMS 290.13 MARTIN'S TRUE VALUE HARDWARE 532.30 MARVEL ENGINEERING COMPANY 88.34 MARVIN HALLEMEYER 96.00 MC MACHINERY SYSTEMS, INC. 327.08 MCMASTER-CARR SUPPLY COMPANY 201.29 MEHRA TUBE INC 7,200.00 MERRICK MACHINERY CO. 1,715.71 METAL-MATIC, INC. 24,790.00 MFA OIL CO. 2,720.00 MICHAEL F BEGLEY 44.75 MID-AMERICAN PROD. INC 36,482.56 MIDLAND INDUSTRIES, INC. 115,961.96 MIDWEST INSTRUMENT CO. 140.71
MIKE BICHSEL (employee) 212.26
MINIATURE PRECISION COMPONENTS 1,547.10 MISSOURI DEPARTMENT OF REVENUE 912.75 MISSOURI EMERGENCY 360.00 MITSUBISHI ELECTRIC AUTOMAT 1,120.93 MO. DEPT. OF TRANSPORTATION 156.81 MOHLER MATERIAL HANDLING, I 2,127.95 MONROE AUTO PARTS 481.49 MONROE CITY SHELTER WORK SHOP 20,493.15 MONROE TIRE & BATTERY 96.00 MOTION INDUSTRIES, INC 11,514.26 MOYERS SERVICE CENTER & 387.85 MSC INDUSTRIAL SUPPLY CO. 1,786.93 MUNICIPAL TOOL & MACHINERY CO 435.35 MUNROE MATERIAL HANDLING 125.20 MVI, INC. 359.01 NALCO COMPANY 6,220.69 NATIONAL KARD 170.45
DIVERSIFIED DIEMAKERS, INC. CASE NO. 04-67612
CASH DISBURSEMENTS FEBRUARY 2005
[Download Table]
VENDOR TOTAL DISBURSEMENTS
------------------------------ -------------------
NATIONAL SAFETY COUNCIL 601.60 NATIONAL TOOL AND MFG. CO. 211.54 NEFF POWER INC. 2,685.23 NEOPOST, INC. 468.39 NEWARK INONE 1,185.42 NORSK HYDRO CANADA INC 719,362.00 NORTHEAST MO MACHINE & PATTERN 320.00 NSK STEERING SYSTEMS 6,430.80 O.K. FASTENERS INC 349.92 ONEOK ENERGY MARKETING COMPANY 42,760.16 OVERHEAD DOOR CO. OF QUINCY 78.26 PALMYRA BOARD OF PUBLIC WORKS 46,684.07 PAMIDA 15.57 PATTY KISER 72.65 PAUL YOCHUM 75.00 PAULO PRODUCTS CO. 3,216.41 PAYROLL DISBURSED (INCLUDES CORP PAYROLL) 1,560,374.06 PERRY MACHINE AND DIE INC. 90,932.66 PHELPS ASSOCIATES, INC. 276.36 PRECISION INTERNATIONAL CORP. 60.00 PRECISION TOOL COMPANY 1,330.15 PRISCILLA MONTGOMERY 68.95 PROFORMA 221.12 PROGRESSIVE COMPONENTS 704.88 PRUDENTIAL INSURANCE 12,781.59 PSYCHEMEDICS CORPORATION 1,677.00 PURCHASE PARTNERS 9,180.00 QST, INC. 2,856.19 QUINCY MEDICAL GROUP 101.00 QWEST COMMUNICATIONS 1,221.94 R.L. HOENER COMPANY 61.44 RADCO INDUSTRIES 5,591.00 RELIABLE TEMPS INC. 626.20 REMACOR, INC. 16,642.45 RES MANUFACTURING COMPANY 35,764.00 RIBACK SUPPLY CO. 334.95 RICH GREEN 75.00 RICHARD GREENE CO. 1,092.24 RIMROCK 2,533.59 ROBEY BUILDING SUPPLY, INC. 112.41 ROGER LIPP 96.00 RONALD V. HOUSE 175.57 ROTOR CLIP CO INC 419.25 RTD OFFICE PRODUCTS 542.15 RUDOLPH BROS & CO 3,449.28 SAFETY-KLEEN SYSTEMS 1,819.77 SARAH DOWELL 70.31 SBC 1,604.11 SCOTT SPECIAL TOOLS, INC. 7,267.51
SCOTT WILLIAMS (employee) 339.74
SEMCO, INC. 137.83 SHANNAHAN CRANE & HOIST, INC. 79.03 SHARP BROS. INC 1,150.00
DIVERSIFIED DIEMAKERS, INC. CASE NO. 04-67612
CASH DISBURSEMENTS FEBRUARY 2005
[Download Table]
VENDOR TOTAL DISBURSEMENTS
------------------------------ -------------------
SHELLEY BUCKMAN (employee) 45.00
SHERYL HAYS (employee) 339.78
SILICON GRAPHICS, INC. 2,295.78 SKF LINEAR MOTION & PRECISION 3,772.09 SODICK, INC. 135.19 SOLUTIA INC 2,638.16 SOUND SOLUTIONS 98.09 SOUTHWEST PUMPS & FILTERS, INC 1,159.60 SOUTHWESTERN BELL 1,207.27 SPAN AMERICA, INC. 789.39
SPAN de MEXICO 350.00
SPAN MANUFACTURING 1,455.00 SPARTAN LIGHT METAL 29,192.20 SPECTRO ALLOYS CORP 215,095.00 SPHERION CORPORATION 3,127.20 SPINCRAFT 281.10 SPRINT 8,384.76 SSA GLOBAL 17,165.35 ST. LOUIS TESTING LAB, INC. 300.00 STERLING, INC. 377.82 STEWART REFRIGERATION 406.89 STRIPMATIC PRODUCTS INC 2,897.31 SUNNEN PRODUCTS COMPANY 182.32 SUNSOURCE 438.91 SUPPLIER DEVELOPMENT INC 208.00 T.F. EHRHART COMPANY 1,320.14 TAPESWITCH CORP OF AMERICA 217.43 TAYLOR IND SERVICES HPM DIV. 437.94 TECHMIRE LTD 40.00 TECHMIRE USA 212.00 TECHNA TOOL & MACHINE CO INC. 470.54 TELESIS TECHNOLOGIES INC 213.47 TEMTRON, INC. 111.92 TENNANT 149.80 THE LAKE GAZETTE 116.00 THE ROBOT COMPANY 1,758.00 THE ST. LOUIS DISTRIBUTION 1,253.00 THE SU-DAN COMPANY 2,296.58 TIC-MS, INC. 1,626.00 TIEMANN INDUSTRIAL SUPPLY 168.03 TIMKEN US CORPORATION 31,815.39 TINA MITCHELL 18.00 TINNERMAN PALNUT ENGINEERED 23,170.36 TOOLING ASSOCIATES 1,250.68 TOYOTA TSUSHO AMERICA INC 45,750.71 TRANSMAN 43,668.00 TRUTH HARDWARE 691.20 U.S. MAGNESIUM, LLC 724,018.30 U.S. POSTAL SERVICE 1,500.00 UGS 898.36 UNISOURCE WORLDWIDE INC. 33,915.08 UNITED ROBOTICS, INC. 4,137.66 UNITED STATES DRILL HEAD CO 853.39
DIVERSIFIED DIEMAKERS, INC. CASE NO. 04-67612 AT 2/28/05 MONROE - BANK RECONCILIATION
[Download Table]
Bank Balance $ -
Actual Outstanding AP Checks 343,699.09
Actual Outstanding Payroll Checks 216,286.09
------------
Total Outstanding Checks 559,985.18
Unadjusted GL Balance 559,985.18
------------
Difference $ -
============
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: FEBRUARY 28, 2005
The following information is to be provided for each shareholder, officer,
director, manager, insider, or owner that is employed by the debtor in
possession. (Attach additional pages if necessary.)
Name: DIVERSIFIED DIEMAKERS, INC. Capacity: ___ Shareholder
Case Number: 04-67612 ___ Officer
___ Director
___ Insider
MANAGEMENT AND OTHER INSIDER COMPENSATION ARE MAINTAINED AT INTERMET CORPORATION. PLEASE SEE INTERMET CORPORATION (CASE #04-67597) FOR ALL INSIDER COMPENSATION/PAYMENTS.
[Download Table]
CURRENT COMPENSATION PAID: Weekly or Monthly
______
CURRENT BENEFITS PAID: Weekly or Monthly
Health Insurance ______ _______
Life Insurance ______ _______
Retirement ______ _______
Company Vehicle ______ _______
Entertainment ______ _______
Travel ______ _______
Other Benefits ______ _______
Total Benefits ______ _______
CURRENT OTHER BENEFITS PAID: Weekly or Monthly
Rent Paid ______ _______
Loans ______ _______
Other (Describe) ______ _______
Other (Describe) ______ _______
Other (Describe) ______ _______
Total Other Payment ______ _______
CURRENT TOTAL OF ALL PAYMENTS: Weekly or Monthly
______ $ 0
Dated: MARCH 28, 2005 _____________________________________________
PRINCIPAL, OFFICER, DIRECTOR, OR INSIDER
Form 6
Diversified Diemakers, Inc.
Case Number: 04-67612
Intermet Corporation and Subsidiaries
Schedule of In-Force Insurance
[Download Table]
INSURANCE TYPE CARRIER POLICY PERIOD
-------------------- -------------- -----------------
Property Lloyds 11/1/04-11/1/05
Boiler/Machine Hartford 11/1/04-11/1/05
Cargo Fireman's Fund 11/1/04-11/1/05
Truck Cargo Fireman's Fund 11/1/04-11/1/05
Aviation USAIG 11/1/04-11/1/05
Fiduciary St. Paul 11/1/04-11/1/05
Primary D&O St. Paul 11/1/04-11/1/05
Excess D&O Chubb 11/1/04-11/1/05
Excess D&O Platte River 11/1/04-11/1/05
Crime AIG 12/1/04-12/1/05
General Liability ACE 12/22/04-12/22/05
Umbrella National Union 12/22/04-12/22/05
Workers' Comp ACE 12/22/04-6/22/05
Excess Workers' Comp ACE 12/22/04-12/22/05
Auto ACE 12/22/04-12/22/05
Foreign (DIC) ACE 12/22/04-12/22/05
Note: This list does not include In-Force Insurance for Foreign Subsidiaries.
UNITED STATES BANKRUPTCY COURTFOR THE EASTERN DISTRICT OF MICHIGANTRANSMITTAL OF FINANCIAL REPORTS ANDCERTIFICATION OF COMPLIANCE WITH UNITED STATES TRUSTEEOPERATING REQUIREMENTS FOR THE PERIOD ENDED FEBRUARY 28, 2005:IN RE: ) INTERMET CORPORATION, ET AL ) CASE NO: 04-67600
) Chapter 11
) Judge: Marci B. McIvor
GANTON TECHNOLOGIES, INC. )
Debtor )
As debtor in possession, I affirm:
1. That I have reviewed the financial statements attached hereto, consisting
of:
X Operating Statement (Form 2)
X Balance Sheet (Form 3)
X Summary of Operations (Form 4)
X Monthly Cash Statement (Form 5)
X Statement of Compensation (Form 6)
X Schedule of In-Force Insurance (Form 7)
and that they have been prepared in accordance with normal and customary
accounting practices, and fairly and accurately reflect the debtor's financial
activity for the period stated;
2. That the insurance, including workers' compensation and unemployment
insurance, as described in Section 5 of the Operating Instructions and Reporting
Requirements For Chapter 11 Cases is in effect; and,
(if not, attach written explanation)
YES [X] NO [ ]
3. That all post-petition taxes as described in Section 9 of the Operating
Instructions and Reporting Requirements For Chapter 11 cases are current.
(If not, attach written explanation)
YES [X] NO [ ]
4. No professional fees (attorney, accountant, etc.) have been paid without
specific court authorization.
(If not, attach a written explanation)
YES [X] NO [ ]
5. All United States Trustee Quarterly fees have been paid and are current
YES [X] NO [ ]
6. Have you filed your pre-petition tax returns.
(If not, attach a written explanation)
YES [X] NO [ ]
I hereby certify, under penalty of perjury, that the information provided above
is true and correct to the best of my information and belief.
Dated: MARCH 28, 2005 /s/ Robert E. Belts
--------------------------
Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- --------------
Title Phone
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs February
(Allocation of Corporate Costs to Filing Entities)
(000's)
[Download Table]
February
--------
Officer Compensation $ 189
Salary Expense other Employees 1,075
Employee Benefits and Pension 92
Payroll Taxes 67
Other Taxes (2)
Rent and Lease Expense 184
Interest Expense
Insurance 36
Automobile and Truck Expense 12
Utilities(Gas Electric,Phone) 33
Depreciation 73
Travel and Entertainment 55
Repairs and Maintenance (3)
Advertising/Promotion 0
Supplies, Office Expense 33
OTHER:
Contributions 0
Professional Fees - Audit/Tax 269
Bank Fees 11
Public Reporting Fees 16
Employee Relocation/Training 24
Data Processing 31
Dues and Subscriptions 20
Outside Services 111
Project Development Costs net of Billings (56)
Director Fees 25
Miscellaneous 33
Legal Fees 29
Cost Allocation - Europe (78)
Cost Allocation - Out (219)
--------
$ 2,060
========
Note: In 2005, Professional fees related to the bankruptcy restructuring have
been reclassified to non-operating expense (Other Income/expense). In
February, the expense was $2,800,000.
[Download Table]
Allocation:
Wagner Castings 191
Northern Castings 49
Ironton Iron 0
Lynchburg Foundry 193
Columbus Foundry 313
Wagner Havana 0
Intermet U.S. Holdings 259
Cast-Matic Corp. 82
Diversified Diemakers 257
Ganton Technologies 168
Tool Products 137
Corporate 411
------
Total $2,060
======
GANTON TECHNOLOGIES, INC. (PULASKI) CASE NO. 04-67600 CASH DISBURSEMENTS FEBRUARY 2005
[Download Table]
VENDOR TOTAL DISBURSEMENTS
------------------------ -------------------
ABBOTT BALL COMPANY $ 399.42 ADVANCE PRODUCTS 372.86 AH ASSOCIATES 1,000.00 AIR DRAULICS ENGINEE 5,237.99 AIRGAS SOUTH (BOC GA 3,078.40 AL CAST COMPANY 86,161.50 ALABAMA CHILD SUPPORT 268.00 ALLEN WRIGHT MACHINING 250.00 ALLIED VAN LINES, IN 6,211.07 ALUMINUM RESOURCES I 38,517.41 AMCOR 304.16 AMERICAN CHEMICAL 26,837.20 AMERICAN QUALITY 20,814.50 ANIXTER PENTACON, IN 898.80 ATCO INDUSTRIES, INC 15,011.34 AUTOMATIC DATA PROCE 4,240.34 B & C INSTRUMENTS 485.00 BAILEY COMPANY 8,662.20 BANK OF FRANKEW 553.00
Barry Webster 153.00
BELLSOUTH 2,099.40 BG & R COMPANY 11,895.60 BI-LO / RED FOOD 79.48 BOSTON MUTUAL LIFE 2,554.93
Brooks Auto 199.09
C KENNETH STILL 340.00 C3 INTERNATIONAL 125.94 CARR LANE MANUFACTUR 248.51
Carrie Smith 361.61
CASTOOL 3,055.00 CENTRAL CHILD SUPPORT 4,072.04 CENTRO 856.53 CHEM STATION 1,425.72 CHILES OIL INC. 1,024.11
Chris Douthit 4,670.00
CINCINNATI FAN 991.41 CINDY WATSON 361.25 CINTAS CORPORATION 4,626.89 COLUMBIA MACHINE WOR 10,473.00 DEXPORT TOOL MFG. CO. 859.00 DIE CAST PRESS MFG CO IN 7,226.50 DIE-TECH WIRE TOOL I 16,000.00 DIVERSIFIED PRINTING 446.04 DIXIE COMPRESSOR & P 1,748.52 DOUBLE M INC 1,208.30 DUMBARTON TOOL, INC 1,968.12 EDWARDS XPRESS INC. 2,682.50 EEP GROUP 840.00 EMPIRE CNC SERVICES 5,333.39
Empire Refactory 39,759.46
ENVIRONMENTAL SCIENC 630.00
Expedite Services 978.40
F.S. SPERRY 341.40 FIRST NATIONAL 8,288.34 FURNACE PARTS, LLC 684.64 GE BETZ, INC. 8,604.85 GENERAL SUPPLY CORP. 11,549.00 GILES COUNTY CHAMBER 530.00 GILES COUNTY CLERK 78,605.53
Global Exchange Serv 66.21
GANTON TECHNOLOGIES, INC. (PULASKI) CASE NO. 04-67600 CASH DISBURSEMENTS FEBRUARY 2005
[Download Table]
VENDOR TOTAL DISBURSEMENTS
------------------------ -------------------
HENRY E. HILDEBRAND, III 2,360.00 HILDRETH MANUFACTURI 2,757.04 IMCO RECYCLING 13,933.50 INDUSTRIAL CONTRACTO 1,295.00 INDUSTRIAL FINISHING 828.00 INTERMET 471.45 INTERNATIONAL QUALITY 621.00 J & K INDUSTRIAL SUP 347.23 J&J/INGAS PROPANE 1,070.00 J.M. JUDE ASSOCIATES 226.54
Jack Warren 389.21
J-COM EDI SERVICES 117.00
Jefferson Pilot Fina 1,480.95
Jefferson Pilot Fina 935.48
JEFFERSON SMURFIT CO 1,856.79
Jerry Colvin 150.00
JM FOREST PRODUCTS, 2,580.02 JUDY G CALLAHAN 361.32 KELSEY ELECTRIC 677.81 KENNAMETAL INC. 1,043.83 KEYENCE CORP. OF AMERICA 603.00 LAKESIDE MANUFACTURI 33,408.43 LANDAUER 235.74 LEWISBURG RUBBER AND 4,619.08
Lin Roe 1,250.00
LINDA TOMLIN 49.50 LIVINGSTON AND HAVEN 506.03
Lowell Glossup 99.14
Madison Travel 1,104.90
MAGID GLOVE/EQUITY I 630.07 MAGNA-TECH SE. 2,065.00 MANAR, INC. 10,933.52 MARTIN SUPPLY CO., INC. 2,831.93 MCMASTER-CARR SUPPLY 1,376.67 METAL MECHANICS 509.92 METOKOTE 7,651.13 METOKOTE CORPORATION 24,019.34
MG Electric 749.63
MICHIGAN MILL & ABRA 536.39 MIGUEL MEDINA 5,919.83 MIRSA 10,916.98 MSC IND. SUPPLY CO. 1,836.71 NEIL BARNHART 368.83 NEWCO, INC. 2,395.68 NEWSOM INDUSTRIES 4,680.00 PACKAGING FULFILLMEN 15,286.36 PARKER SEAL COMPANY 794.29 PAYROLL DISBURSED (INCLUDES CORP PAYMENTS) 424,440.07 PEREZ SERVICES INC. 2,919.60 PHYSICIANS AND SURGE 136.00 PIONEER METAL FINISH 2,560.75 POSTMASTER 111.00 PPG INDUSTRIES 493.34 PRECISION MACHINERY 3,939.70 PRINCE MACHINE CORP 982.21 PROCLEAN SUPPLIES & 648.90 PROGRESSIVE COMPONENTS 3,572.07 PULASKI CITY RECORDE 14,807.00 PULASKI ELECTRIC, WA 95,944.34 PULASKI LUMBER COMPA 513.51
GANTON TECHNOLOGIES, INC. (PULASKI) CASE NO. 04-67600 CASH DISBURSEMENTS FEBRUARY 2005
[Download Table]
VENDOR TOTAL DISBURSEMENTS
------------------------- -------------------
PUTNAM INVESTMENTS 11,142.65 PYROTEK, INC. 8,824.79 QUAD STEEL CORPORATION 716.00 QUALITY MOLD 2,112.53 RANDSTAD 13,146.66 REC EXCAVATING 3,000.00 REFRACTORY ENGINEERS 1,976.83 REPUBLIC - LAGUN MACHINE 267.25 RIMROCK 11,772.02 RIVER TOOL TECH, INC 223.44 RIVERSBURG WELDING C 4,951.54 ROBERT W. HERR 17,949.82 ROSEMONT INDUSTRIES 1,887.50 SAFETY-KLEEN CORPORATION 1,313.19
Schaefer Group 749.32
SEI ENVIROMENTAL INC 735.00 SELECT FOODS INC. 229.95 SHEFFIELD MACHINE AN 6,200.00 SHERWIN WILLIAMS 115.01 SLOAN FLUID 269.50 SPARTAN WOOD PRODUCT 580.00 SPECTRO ALLOYS CORP 492,897.50
Sprint 26.95
SRI 4,264.71 STERICYCLE INC. 11.93
Steve Romick 1,526.32
SWIFT INDUSTRIAL POW 1,076.13 TAYLOR CONTROL 813.15 TAYLOR HOBSON 405.50 TENN.VALLEY RECYCLING LLC 1,016.28
Tim Doss 96.00
TN DEPT ENVIRONMENT & 600.00
Transman 54,322.01
UNITED STATES CITIZENSHIP 185.00 VEKTEK, INC. 6,941.50 VERIZON WIRELESS 149.53 WATKINS TRUCKING, IN 90.00 WATSON'S OFFICE SUPP 3,220.26 WILLIAM H. DAY 1,500.00 WILSON TOOL & DIE 2,892.25
--------------
$ 1,837,413.68
GANTON TECHNOLOGIES, INC. CASE NO. 04-67600 AT 2/28/05 PULASKI - BANK RECONCILIATION
[Download Table]
Bank Balance $ -
Actual Outstanding Checks 225,656.37
Total PR Outstanding Checks 35,767.47
Misc. reconiling items adjusted in March (537.84)
----------
Total Outstanding Checks 260,886.00
Unadjusted GL Balance 260,886.00
----------
Difference $ -
==========
GANTON TECHNOLOGIES, INC. (RACINE) CASE NO. 04-67600 CASH DISBURSEMENTS FEBRUARY 2005
[Download Table]
VENDOR TOTAL DISBURSEMENTS
------------------------- -------------------
AA ELECTRIC $ 7.05
AAA ENVIRONMENTAL 1,704.30
ACCOUNTEMPS 12,112.91
ACCU-TEMP HEAT TREAT 750.52
ACOM SOLUTIONS INC. 289.78
ACURID COMMERICAL SE 150.00
ADA METAL PRODUCTS 3,264.00
ADT SECURITY SYSTEMS 959.90
ADVANCE HYDRAULICS I 144.40
ADVANCED WASTE SERVI 3,908.00
ALL FASTENERS, INC. 277.98
ALUMINUM RESOURCES I 45,284.15
AMERICAN CITIZEN 390.00
AMERICAN GENERAL FINANCE 178.48
AMERICAN INDUSTRIAL 12,311.33
AMERICREDIT FINANCIAL 400.00
AMERIGAS - FRANKSVIL 1,500.00
ANNETTE M HEATHCOTE 3,225.55
AUTOMATIC DATA PROCE 12,783.58
BARNES INTERNATIONAL 1,175.00
BELLE CITY HEATING A 35.68
BENZ OIL INC 73.08
BEST ENGINEERING CO. 9,444.85
BOSTON MUTUAL LIFE 3,430.00
BTL PALLET CORP 2,037.20
BUELL AUTOMATICS INC 3,750.00
C & C ENTERPRISES, I 6,465.77
CAMCAR DIVISON OF TE 1,244.00
CAMCAR TEXTRON 4,701.69
CDW COMPUTER CENTERS INC 362.17
CDW SELECT INC 143.72
CENTRAL TRANSPORT 81.53
CHAPTER 13 TRUSTEE 2,952.00
CHEMENCE INC. 396.26
CHEMTOOL INCORPORATE 26,576.00
CINCINNATI TEST 1,705.20
CIRCUIT CITY 100.00
CITI FINANCIAL 260.00
CKD CORPORATION 167.80
CLIFF SOPER CO. INC. 1,995.20
CON-WAY TRANSPORTATION 1,181.69
CO-OPERATIVE CREDIT UNION 55,826.20
CORNER HOUSE 50.00
CREATIVE FOAM CORPOR 5,102.72
CURT PAPE 41.13
DANA CORPORATION 509,136.00
DAVIES TRIPLE VENDING 31.53
DAYTON FREIGHT 45.78
DENTALBLUE 6,254.80
DEPARTMENT OF COMMERCE 65.00
DEPT OF CORRECTIONS 200.00
DIGITAL SUPPLIES 482.70
DIRECT DENTAL SERVICE 24,334.10
DIVERSIFIED PRINTING 2,681.61
DONALDSON COMPANY 231.00
DURA GUARD INC 300.00
EAST RACINE PET 1,200.00
EASTERDAY OFFICE 1,063.45
ELCO TEXTRON INC 15,922.04
ENPRO INC. 208.80
EUTECTIC CORPOR 6.11
EXECUTIVE CONSULTING INC. 6,312.93
EYE CARE OF WISCONSIN INC 651.28
FELIZ SERVANTEZ 120.00
FOREST CITY TECHNOLO 4,010.12
FRANK HARRIS 1,094.25
FRANKSVILLE OIL CO 266.42
FRED SANDERS 2,514.45
FREUDENBERG-NOK 69,873.36
G.E. CAPITAL CORPORA 80,423.93
G.W. SMITH & SONS, I 5,665.28
GARDTEC INC. 39.50
GANTON TECHNOLOGIES, INC. (RACINE) CASE NO. 04-67600 CASH DISBURSEMENTS FEBRUARY 2005
[Download Table]
VENDOR TOTAL DISBURSEMENTS
-------------------------- -------------------
PITNEY BOWES CREDIT CORP 1,181.32
POTTINGER STEEL WORK 63.34
POWER/MATION DIVISIO 97.00
PRAXAIR DISTRIBUTION 4,222.47
PRICE ENGINEERING CO 1,190.84
PURNIMA C. SWEARINGEN, DDS 50.00
PUTNAM INVESTMENTS- 7,232.79
QSR GROUP INC. 15,287.16
QUADRA 49,500.00
RACINE WATER AND 919.65
REFRACTORY SERVICE 118,147.00
REGENCY MALL 375.00
RES MANUFACTURING 52,317.12
RITTER ENGINEERING C -
ROCKFORD WELDING SUP 1,886.69
ROTOR CLIP COMPANY, INC. 329.85
RSA 136.34
SAFETY KLEEN SYSTEMS 2,322.25
SAFTEY KLEEN CORPORATION 715.15
SBC 374.46
SMURFIT-STONE CONTAINER 1,224.00
SNYDER PLASTICS INC. 630.30
STEVE MUTCHIE 45.60
STEVE SADLON 42.14
STURTEVANT WATER & S 168.00
SUMITOMO ELECTRIC CA 2,896.90
SUPERIOR DIE SET COR 229.44
TERRI JARSTAD 97.13
THE SUMMIT RESTAURANTE 100.00
TOOL SERVICE CORPORA 686.00
TOTAL COMFORT OF WIS 4,226.86
TOWNSEND CONSULTING 875.00
TOYODA MACHINERY USA 4,731.60
TRELLEBORG AUTOMOTIV 115,920.00
TRANSMAN LOGISTICS, INC 20,892.56
TRUDELL TRAILERS OF 1,033.69
TWIN CITY OPTICAL 543.20
U.S. CELLULAR 2,381.34
UAW LOCAL 627 13,932.76
UAW V-CAP 142.00
UGS PLM SOLUTIONS IN 188.13
ULINE 2,849.80
UNITED PARCEL SERVIC 60.08
UNITED ROBOTICS 795.00
US DEPT OF EDUCATION 723.84
USA PAYDAY LOAN 259.00
VESUVIUS USA 273.81
VISION CLINIC 168.00
W.W. GRAINGER INC. 885.71
WASTE MANAGEMENT 1,265.06
WE ENERGIES 143,832.75
WI SCTF 30,231.44
WILLIAM KNECHT 204.15
WISC. LIFTING SPECIA 426.01
WISCONSIN CONTROL CORP 12.52
WISCONSIN DEPT OF REVENUE 3,659.89
WISCONSIN EMERGENCY 360.00
WISCONSIN LIFT TRUCK 23,214.19
WOODLAND HILLS 21,075.16
ZEE MEDICAL, INC. 357.71
-------------------
$ 5,283,588.66
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: FEBRUARY 28, 2005
The following information is to be provided for each shareholder, officer,
director, manager, insider, or owner that is employed by the debtor in
possession. (Attach additional pages if necessary.)
Name: GANTON TECHNOLOGIES, INC. Capacity: ___ Shareholder
Case Number: 04-67600 ___ Officer
___ Director
___ Insider
MANAGEMENT AND OTHER INSIDER COMPENSATION ARE MAINTAINED AT INTERMET CORPORATION. PLEASE SEE INTERMET CORPORATION (CASE #04-67597) FOR ALL INSIDER COMPENSATION/PAYMENTS.
CURRENT COMPENSATION PAID: Weekly or Monthly
______ ________
CURRENT BENEFITS PAID: Weekly or Monthly
Health Insurance ______ ________
Life Insurance ______ ________
Retirement ______ ________
Company Vehicle ______ ________
Entertainment ______ ________
Travel ______ ________
Other Benefits ______ ________
Total Benefits ______ ________
CURRENT OTHER BENEFITS PAID: Weekly or Monthly
Rent Paid ______ ________
Loans ______ ________
Other (Describe) ______ ________
Other (Describe) ______ ________
Other (Describe) ______ ________
Total Other Payments ______ ________
CURRENT TOTAL OF ALL PAYMENTS: Weekly or Monthly
______ $ 0
Dated: MARCH 28, 2005 ________________________________________
PRINCIPAL, OFFICER, DIRECTOR, OR INSIDER
Form 6
Ganton Technologies
Case Number: 04-67600
Intermet Corporation and Subsidiaries
Schedule of In-Force Insurance
[Download Table]
INSURANCE TYPE CARRIER POLICY PERIOD
-------------------- -------------- -----------------
Property Lloyds 11/1/04-11/1/05
Boiler/Machine Hartford 11/1/04-11/1/05
Cargo Fireman's Fund 11/1/04-11/1/05
Truck Cargo Fireman's Fund 11/1/04-11/1/05
Aviation USAIG 11/1/04-11/1/05
Fiduciary St. Paul 11/1/04-11/1/05
Primary D&O St. Paul 11/1/04-11/1/05
Excess D&O Chubb 11/1/04-11/1/05
Excess D&O Platte River 11/1/04-11/1/05
Crime AIG 12/1/04-12/1/05
General Liability ACE 12/22/04-12/22/05
Umbrella National Union 12/22/04-12/22/05
Workers' Comp ACE 12/22/04-6/22/05
Excess Workers' Comp ACE 12/22/04-12/22/05
Auto ACE 12/22/04-12/22/05
Foreign (DIC) ACE 12/22/04-12/22/05
Note: This list does not include In-Force Insurance for Foreign Subsidiaries.
UNITED STATES BANKRUPTCY COURTFOR THE EASTERN DISTRICT OF MICHIGANTRANSMITTAL OF FINANCIAL REPORTS ANDCERTIFICATION OF COMPLIANCE WITH UNITED STATES TRUSTEEOPERATING REQUIREMENTS FOR THE PERIOD ENDED FEBRUARY 28, 2005:IN RE: ) INTERMET CORPORATION, ET AL ) CASE NO: 04-67601
) Chapter 11
) Judge: Marci B. McIvor
INTERMET HOLDING COMPANY. )
Debtor )
As debtor in possession, I affirm:
1. That I have reviewed the financial statements attached hereto, consisting of:
[X] Operating Statement (Form 2)
[X] Balance Sheet (Form 3)
[X] Summary of Operations (Form 4)
[X] Monthly Cash Statement (Form 5)
[X] Statement of Compensation (Form 6)
[X] Schedule of In-Force Insurance (Form 7)
and that they have been prepared in accordance with normal and customary
accounting practices, and fairly and accurately reflect the debtor's financial
activity for the period stated;
2. That the insurance, including workers' compensation and unemployment
insurance, as described in Section 5 of the Operating Instructions and Reporting
Requirements For Chapter 11 Cases is in effect; and, (if not, attach written
explanation)
YES [X] NO [ ]
3. That all post-petition taxes as described in Section 9 of the Operating
Instructions and Reporting Requirements For Chapter 11 cases curent.
(If not, attach written explanation)
YES [X] NO [ ]
4. No professional fees (attorney, accountant, etc.) have been paid without
specific court authorization.
(If not, attach a written explanation)
YES [X] NO [ ]
5. All United States Trustee Quarterly fees have been paid and are current
YES [X] NO [ ]
6. Have you filed your pre-petition tax returns.
(If not, attach a written explanation)
YES [X] NO [ ]
I hereby certify, under penalty of perjury, that the information provided above
is true and correct to the best of my information and belief.
Dated: MARCH 28, 2005 /s/ Robert E. Belts
-------------------
Debtor In Possession
Chief Financial Officer (24) 952-2500
----------------------- -------------
Title Phone
Intermet Corp. and Subsidiaries
Operating Statement
For the Month Ended 2-28-05
($000's)
[Download Table]
CASE # 04-67601
INTERMET
HOLDING CO.
-----------------------------------
Current Month Total Since Filing
------------- ------------------
Net Sales $ 0 $ 0
Cost of Goods Sold
Materials and Freight - -
Wages - Hourly - -
Wages-Salary - -
Employee Benefits and Pension - -
Repairs & Maintenance - -
Supplies - -
Utilities - -
Purchased Components/Services - -
Income(loss) from Pattern Sales - -
Fixed Asset - (gain/loss) - -
MIS Expense - -
Travel & Entertainment - -
Other Variable Costs - -
Depreciation & Amortization - -
Other Allocated Fixed Costs - -
Other Fixed Costs - -
------------- ------------------
Cost of Goods Sold - -
Gross Profit - -
Plant SG&A Expense - -
SG&A Expense - Allocation (Sched 1) - -
Other Operating Expenses - -
------------- ------------------
Total Operating Expenses - -
Operating Profit - -
Outside Interest Income - -
Outside Interest (Expense) - -
Intercompany Interest Income - -
Intercompany Interest (Expense) - -
Charges (From) Affiliates - -
Charges To Affiliates - -
Income/Loss From European Operations - -
Other Income/(Expense) - -
------------- ------------------
Total Non-Operating Expenses - -
Income Before Income Taxes - -
Income Tax Expense - -
------------- ------------------
Net Income $ 0 $ 0
============= ==================
*Note: Intermet Holding Company is a holding company of certain foreign
subsidiaries and does not itself have any domestic operations. As a result,
Intermet Holding Company's results are incorporated in the results of Intermet
Corporation foreign subsidiaries. For January, $395,000 of Intercompany interest
was eliminated through foreign operations and therefore not included in this
statement.
[Download Table]
Current Month Total Since Filing
($393) ($1,943)
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs February
(Allocation of Corporate Costs to Filing Entities)
(000's)
[Download Table]
February
--------
Officer Compensation $ 189
Salary Expense other Employees 1,075
Employee Benefits and Pension 92
Payroll Taxes 67
Other Taxes (2)
Rent and Lease Expense 184
Interest Expense
Insurance 36
Automobile and Truck Expense 12
Utilities(Gas Electric,Phone) 33
Depreciation 73
Travel and Entertainment 55
Repairs and Maintenance (3)
Advertising/Promotion 0
Supplies, Office Expense 33
OTHER:
Contributions 0
Professional Fees - Audit/Tax 269
Bank Fees 11
Public Reporting Fees 16
Employee Relocation/Training 24
Data Processing 31
Dues and Subscriptions 20
Outside Services 111
Project Development Costs net of Billings (56)
Director Fees 25
Miscellaneous 33
Legal Fees 29
Cost Allocation - Europe (78)
Cost Allocation - Out (219)
--------
$ 2,060
========
Note: In 2005, Professional fees related to the bankruptcy restructuring have
been reclassified to non-operating expense (Other Income/expense). In
February, the expense was $2,800,000.
[Download Table]
Allocation:
Wagner Castings 191
Northern Castings 49
Ironton Iron 0
Lynchburg Foundry 193
Columbus Foundry 313
Wagner Havana 0
Intermet U.S. Holdings 259
Cast-Matic Corp. 82
Diversified Diemakers 257
Ganton Technologies 168
Tool Products 137
Corporate 411
---------
Total $ 2,060
=========
INTERMET CORP. AND SUBSIDIARIES
BALANCE SHEET AS of 2-28-05
[Download Table]
CASE # 04-67601
---------------
INTERMET
HOLDING CO.
---------------
Cash And Equivalents
Accounts Receivable
Short-Term Intercompany Receivables
Inventories
Other Current Assets 0
---------------
TOTAL CURRENT ASSETS 0
Land and Buildings 0
Machinery & Equipment 0
Construction In Progress 0
---------------
Total Fixed Assets 0
Accumulated Depreciation 0
---------------
NET FIXED ASSETS 0
Investment In Subsidiaries 90,292
Investment In European Operations 0
Long-Term Intercompany Receivables 8,246
Deferred Taxes, Long-Term Asset
Other Assets 0
---------------
TOTAL ASSETS $ 98,538
===============
LIABILITIES AND SHAREHOLDER EQUITY POST PETITION LIABILITIES
Accounts Payable $ 0
Wages and Salaries (See schedule) 0
Taxes Payable - (See schedule) 0
---------------
TOTAL POST PETITION LIABILITIES 0 SECURED LIABILITIES: SECURED BANK DEBT 0 PRE-PETITION LIABILITIES:
Taxes and Other Priority Liabilities:
Accrued Income Taxes 0
Accrued Tax - State 0
Accrued Property Taxes 0
Accrued Workers Comp. 0
Accrued Payroll 0
Accrued Payroll Taxes 0
---------------
TOTAL TAXES AND OTHER PRIORITY LIABILITIES 0 UNSECURED LIABILITIES
Accounts Payable 0
Senior & IDR Bonds 0
---------------
TOTAL UNSECURED LIABILITIES 0 OTHER LIABILITIES
Accrued Liabilities 0
Short-Term Intercompany Payables 0
Capital Leases 0
Retirement Benefits 0
Deferred Taxes - Long-Term Liability 0
Other Long-Term Liabilities 0
Long-Term Intercompany Payables 150,985
Minority Interest 0
---------------
TOTAL LIABILITIES 150,985
Common Stock 1
Capital In Excess Of Par Value 1
Retained Earnings - Prepetition (18,705)
Retained Earnings - Post Petition (1,943)
Equity In European Operations
Accumulated Translation Adjustment (31,801)
Minimum Pension Liability Adjustment 0
Unearned Restricted Stock 0
---------------
TOTAL SHAREHOLDER EQUITY (52,447)
---------------
TOTAL LIABILITIES AND EQUITY $ 98,538
===============
Note: Intermet Holding Company is a holding company of certain foreign
subsidiaries and does not itself have any domestic operations. As a result,
Intermet Holding Company's results are incorporated in the results of Intermet
Corporation foreign subsidiaries.
MONTHLY CASH STATEMENT
Period Ending: FEBRUARY 28, 2005 INTERMET HOLDING COMPANY
Case Number: 04-67601
CASH ACTIVITY ANALYSIS (CASH BASIS ONLY):
[Download Table]
General Payroll Tax Cash Coll. Petty Cash
Acct. Acct. Acct. Acct. Acct.
A. Beginning Balance _____ _____ _____ _____ _____
B. Receipts _____ _____ _____ _____ _____
(Attach separate schedule)
C. Balance Available _____ _____ _____ _____ _____
(A+B)
D. Less Disbursements _____ _____ _____ _____ _____
(Attach separate schedule)
E. Ending Balance N/A - COMPANY HAS NO BANK ACCOUNTS
(C-D) (PLEASE ATTACH COPIES OF MOST RECENT RECONCILED BANK STATEMENTS FROM EACH ACCOUNT)
General Account:
1. Depository Name & Location _____________________________
2. Account Number _____________________________
Payroll Account:
1. Depository Name & Location _____________________________
2. Account Number _____________________________
Tax Account:
1. Depository Name & Location _____________________________
2. Account Number _____________________________
Other monies on hand (specify type and location) i.e., CD's, bonds, etc.:
____________________________________________________________________
____________________________________________________________________
Date: MARCH 28, 2005 ___________________________
Debtor in Possession
Form 5
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: FEBRUARY 28, 2005
The following information is to be provided for each shareholder, officer,
director, manager, insider, or owner that is employed by the debtor in
possession. (Attach additional pages if necessary.)
Name: INTERMET HOLDING COMPANY Capacity: ___ Shareholder
Case Number: 04-67601 ___ Officer
___ Director
___ Insider
MANAGEMENT AND OTHER INSIDER COMPENSATION ARE MAINTAINED AT INTERMET CORPORATION. PLEASE SEE INTERMET CORPORATION (CASE #04-67597) FOR ALL INSIDER COMPENSATION/PAYMENTS.
[Download Table]
CURRENT COMPENSATION PAID: Weekly or Monthly
_______ _______
CURRENT BENEFITS PAID: Weekly or Monthly
Health Insurance _______ _______
Life Insurance _______ _______
Retirement _______ _______
Company Vehicle _______ _______
Entertainment _______ _______
Travel _______ _______
Other Benefits _______ _______
Total Benefits _______ _______
CURRENT OTHER BENEFITS PAID: Weekly or Monthly
Rent Paid _______ _______
Loans _______ _______
Other (Describe) _______ _______
Other (Describe) _______ _______
Other (Describe) _______ _______
Total Other Payments _______ _______
CURRENT TOTAL OF ALL PAYMENTS: Weekly or Monthly
_______ $ 0
Dated: MARCH 28, 2005 ________________________________________
PRINCIPAL, OFFICER, DIRECTOR, OR INSIDER
Form 6
Intermet Holding Company
Case Number: 04-67601
Intermet Corporation and Subsidiaries
Schedule of In-Force Insurance
[Download Table]
INSURANCE TYPE CARRIER POLICY PERIOD
-------------- ------- -------------
Property Lloyds 11/1/04-11/1/05
Boiler/Machine Hartford 11/1/04-11/1/05
Cargo Fireman's Fund 11/1/04-11/1/05
Truck Cargo Fireman's Fund 11/1/04-11/1/05
Aviation USAIG 11/1/04-11/1/05
Fiduciary St. Paul 11/1/04-11/1/05
Primary D&O St. Paul 11/1/04-11/1/05
Excess D&O Chubb 11/1/04-11/1/05
Excess D&O Platte River 11/1/04-11/1/05
Crime AIG 12/1/04-12/1/05
General Liability ACE 12/22/04-12/22/05
Umbrella National Union 12/22/04-12/22/05
Workers' Comp ACE 12/22/04-6/22/05
Excess Workers' Comp ACE 12/22/04-12/22/05
Auto ACE 12/22/04-12/22/05
Foreign (DIC) ACE 12/22/04-12/22/05
Note: This list does not include In-Force Insurance for Foreign Subsidiaries.
UNITED STATES BANKRUPTCY COURTFOR THE EASTERN DISTRICT OF MICHIGANTRANSMITTAL OF FINANCIAL REPORTS ANDCERTIFICATION OF COMPLIANCE WITH UNITED STATES TRUSTEEOPERATING REQUIREMENTS FOR THE PERIOD ENDED FEBRUARY 28, 2005:IN RE: ) INTERMET CORPORATION, ET AL ) CASE NO: 04-67604
) Chapter 11
) Judge: Marci B. McIvor
INTERMET ILLINOIS, INC. )
Debtor )
As debtor in possession, I affirm:
1. That I have reviewed the financial statements attached hereto, consisting of:
X Operating Statement (Form 2)
X Balance Sheet (Form 3)
X Summary of Operations (Form 4)
X Monthly Cash Statement (Form 5)
X Statement of Compensation (Form 6)
X Schedule of In-Force Insurance (Form 7)
and that they have been prepared in accordance with normal and customary
accounting practices, and fairly and accurately reflect the debtor's financial
activity for the period stated;
2. That the insurance, including workers' compensation and unemployment
insurance, as described in Section 5 of the Operating Instructions and Reporting
Requirements For Chapter 11 Cases is in effect; and,
(if not, attach written explanation)
YES [X] NO [ ]
3. That all post-petition taxes as described in Section 9 of the Operating
Instructions and Reporting Requirements For Chapter 11 cases are current.
(If not, attach written explanation)
YES [X] NO [ ]
4. No professional fees (attorney, accountant, etc.) have been paid without
specific court authorization.
(If not, attach a written explanation)
YES [X] NO [ ]
5. All United States Trustee Quarterly fees have been paid and are current
YES [X] NO [ ]
6. Have you filed your pre-petition tax returns.
(If not, attach a written explanation)
YES [X] NO [ ]
I hereby certify, under penalty of perjury, that the information provided above
is true and correct to the best of my information and belief.
Dated: MARCH 28, 2005 /s/ Robert E. Belts
--------------------------------------------
Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- ---------------
Title Phone
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs February
(Allocation of Corporate Costs to Filing Entities)
(000's)
[Download Table]
February
--------
Officer Compensation $ 189
Salary Expense other Employees 1,075
Employee Benefits and Pension 92
Payroll Taxes 67
Other Taxes (2)
Rent and Lease Expense 184
Interest Expense
Insurance 36
Automobile and Truck Expense 12
Utilities(Gas Electric,Phone) 33
Depreciation 73
Travel and Entertainment 55
Repairs and Maintenance (3)
Advertising/Promotion 0
Supplies, Office Expense 33
OTHER:
Contributions 0
Professional Fees - Audit/Tax 269
Bank Fees 11
Public Reporting Fees 16
Employee Relocation/Training 24
Data Processing 31
Dues and Subscriptions 20
Outside Services 111
Project Development Costs net of Billings (56)
Director Fees 25
Miscellaneous 33
Legal Fees 29
Cost Allocation - Europe (78)
Cost Allocation - Out (219)
--------
$ 2,060
========
Note: In 2005, Professional fees related to the bankruptcy restructuring have
been reclassified to non-operating expense (Other Income/expense). In
February, the expense was $2,800,000.
Allocation:
[Download Table]
Wagner Castings 191
Northern Castings 49
Ironton Iron 0
Lynchburg Foundry 193
Columbus Foundry 313
Wagner Havana 0
Intermet U.S. Holdings 259
Cast-Matic Corp. 82
Diversified Diemakers 257
Ganton Technologies 168
Tool Products 137
Corporate 411
------
Total $2,060
======
INTERMET Corp. and Subsidiaries
Balance Sheet as of 2-28-05
[Download Table]
CASE # 04-67604
---------------
INTERMET
ILLINOIS
---------------
Cash And Equivalents
Accounts Receivable
Short-Term Intercompany Receivables
Inventories
Other Current Assets 0
---------
TOTAL CURRENT ASSETS 0
Land and Buildings 0
Machinery & Equipment 163
Construction In Progress (163)
---------
Total Fixed Assets 0
Accumulated Depreciation 0
---------
NET FIXED ASSETS 0
Investment In Subsidiaries 0
Investment In European Operations 0
Long-Term Intercompany Receivables 0
Deferred Taxes, Long-Term Asset
Other Assets 0
---------
TOTAL ASSETS $ 0
=========
LIABILITIES AND SHAREHOLDER EQUITY POST PETITION LIABILITIES
Accounts Payable
Wages and Salaries (See schedule)
Taxes Payable - (See schedule)
---------
TOTAL POST PETITION LIABILITIES 0 SECURED LIABILITIES: SECURED BANK DEBT 0 PRE-PETITION LIABILITIES:
Taxes and Other Priority Liabilities:
Accrued Income Taxes 0
Accrued Tax - State 0
Accrued Property Taxes 0
Accrued Workers Comp. 0
Accrued Payroll 0
Accrued Payroll Taxes 0
---------
TOTAL TAXES AND OTHER PRIORITY LIABILITIES 0 UNSECURED LIABILITIES
Accounts Payable 0
Senior & IDR Bonds 0
---------
TOTAL UNSECURED LIABILITIES 0 OTHER LIABILITIES
Accrued Liabilities 0
Short-Term Intercompany Payables 0
Capital Leases 0
Retirement Benefits
Deferred Taxes - Long-Term Liability
Other Long-Term Liabilities
Long-Term Intercompany Payables 100
Minority Interest
---------
TOTAL LIABILITIES 100
Common Stock 0
Capital In Excess Of Par Value 0
Retained Earnings - Prepetition (100)
Retained Earnings - Post Petition 0
Equity In European Operations
Accumulated Translation Adjustment 0
Minimum Pension Liability Adjustment
Unearned Restricted Stock
---------
TOTAL SHAREHOLDER EQUITY (100)
---------
TOTAL LIABILITIES AND EQUITY $ 0
=========
MONTHLY CASH STATEMENT
Period Ending: FEBRUARY 28, 2005 INTERMET ILLINOIS, INC.
Case Number: 04-67604
CASH ACTIVITY ANALYSIS (CASH BASIS ONLY):
[Enlarge/Download Table]
General Payroll Tax Cash Coll. Petty Cash
Acct. Acct. Acct. Acct. Acct.
A. Beginning Balance _____ _____ _____ _____ _____
B. Receipts _____ _____ _____ _____ _____
(Attach separate schedule)
C. Balance Available _____ _____ _____ _____ _____
(A+B)
D. Less Disbursements _____ _____ _____ _____ _____
(Attach separate schedule)
E. Ending Balance N/A - COMPANY HAS NO BANK ACCOUNT
(C-D) (PLEASE ATTACH COPIES OF MOST RECENT RECONCILED BANK STATEMENTS FROM EACHACCOUNT)
General Account:
1. Depository Name & Location _____________________________
2. Account Number _____________________________
Payroll Account:
1. Depository Name & Location _____________________________
2. Account Number _____________________________
Tax Account:
1. Depository Name & Location _____________________________
2. Account Number _____________________________
Other monies on hand (specify type and location) i.e., CD's, bonds, etc.:
_________________________________________________________________________
_________________________________________________________________________
Date: MARCH 28, 2005 ______________________________
Debtor in Possession
Form 5
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: FEBRUARY 28, 2005
The following information is to be provided for each shareholder, officer,
director, manager, insider, or owner that is employed by the debtor in
possession. (Attach additional pages if necessary.)
Name: INTERMET ILLINOIS, INC. Capacity: ___ Shareholder
Case Number: 04-67604 ___ Officer
___ Director
___ Insider
MANAGEMENT AND OTHER INSIDER COMPENSATION ARE MAINTAINED AT INTERMET CORPORATION. PLEASE SEE INTERMET CORPORATION (CASE #04-67597) FOR ALL INSIDER COMPENSATION/PAYMENTS.
[Download Table]
CURRENT COMPENSATION PAID: Weekly or Monthly
______ _______
CURRENT BENEFITS PAID: Weekly or Monthly
Health Insurance ______ _______
Life Insurance ______ _______
Retirement ______ _______
Company Vehicle ______ _______
Entertainment ______ _______
Travel ______ _______
Other Benefits ______ _______
Total Benefits ______ _______
CURRENT OTHER BENEFITS PAID: Weekly or Monthly
Rent Paid ______ _______
Loans ______ _______
Other (Describe) ______ _______
Other (Describe) ______ _______
Other (Describe) ______ _______
Total Other Payments ______ _______
CURRENT TOTAL OF ALL PAYMENTS: Weekly or Monthly
______ $ 0
Dated: MARCH 28, 2005 __________________________________________
PRINCIPAL, OFFICER, DIRECTOR, OR INSIDER
Form 6
Intermet Illinois, Inc.
Case Number: 04-67604
Intermet Corporation and Subsidiaries
Schedule of In-Force Insurance
[Download Table]
INSURANCE TYPE CARRIER POLICY PERIOD
-------------- ------- -------------
Property Lloyds 11/1/04-11/1/05
Boiler/Machine Hartford 11/1/04-11/1/05
Cargo Fireman's Fund 11/1/04-11/1/05
Truck Cargo Fireman's Fund 11/1/04-11/1/05
Aviation USAIG 11/1/04-11/1/05
Fiduciary St. Paul 11/1/04-11/1/05
Primary D&O St. Paul 11/1/04-11/1/05
Excess D&O Chubb 11/1/04-11/1/05
Excess D&O Platte River 11/1/04-11/1/05
Crime AIG 12/1/04-12/1/05
General Liability ACE 12/22/04-12/22/05
Umbrella National Union 12/22/04-12/22/05
Workers' Comp ACE 12/22/04-6/22/05
Excess Workers' Comp ACE 12/22/04-12/22/05
Auto ACE 12/22/04-12/22/05
Foreign (DIC) ACE 12/22/04-12/22/05
Note: This list does not include In-Force Insurance for Foreign Subsidiaries.
UNITED STATES BANKRUPTCY COURTFOR THE EASTERN DISTRICT OF MICHIGANTRANSMITTAL OF FINANCIAL REPORTS ANDCERTIFICATION OF COMPLIANCE WITH UNITED STATES TRUSTEEOPERATING REQUIREMENTS FOR THE PERIOD ENDED FEBRUARY 28, 2005:IN RE: ) INTERMET CORPORATION, ET AL ) CASE NO: 04-67607
) Chapter 11
) Judge: Marci B. McIvor
INTERMET INTERNATIONAL, INC. )
Debtor )
As debtor in possession, I affirm:
1. That I have reviewed the financial statements attached hereto, consisting of:
X Operating Statement (Form 2)
X Balance Sheet (Form 3)
X Summary of Operations (Form 4)
X Monthly Cash Statement (Form 5)
X Statement of Compensation (Form 6)
X Schedule of In-Force Insurance (Form 7)
and that they have been prepared in accordance with normal and customary
accounting practices, and fairly and accurately reflect the debtor's financial
activity for the period stated;
2. That the insurance, including workers' compensation and unemployment
insurance, as described in Section 5 of the Operating Instructions and Reporting
Requirements For Chapter 11 Cases is in effect; and,
(if not, attach written explanation)
YES [X] NO [ ]
3. That all post-petition taxes as described in Section 9 of the Operating
Instructions and Reporting Requirements For Chapter 11 cases are current.
(If not, attach written explanation)
YES [X] NO [ ]
4. No professional fees (attorney, accountant, etc.) have been paid without
specific court authorization.
(If not, attach a written explanation)
YES [X] NO [ ]
5. All United States Trustee Quarterly fees have been paid and are current
YES [X] NO [ ]
6. Have you filed your pre-petition tax returns.
(If not, attach a written explanation)
YES [X] NO [ ]
I hereby certify, under penalty of perjury, that the information provided above
is true and correct to the best of my information and belief.
Dated: MARCH 28, 2005 /s/ Robert E. Belts
--------------------
Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- --------------
Title Phone
UNITED STATES BANKRUPTCY COURTFOR THE EASTERN DISTRICT OF MICHIGANIN RE: INTERMET INTERNATIONAL, INC. CASE NO. 04-67607
All activity for Intermet International, Inc. is reported in the
consolidated Columbus Foundry operating report (Case #04-67609).
MONTHLY CASH STATEMENT
Period Ending: FEBRUARY 28, 2005 INTERMET INTERNATIONAL, INC.
Case Number: 04-67607
CASH ACTIVITY ANALYSIS (CASH BASIS ONLY):
[Enlarge/Download Table]
General Payroll Tax Cash Coll. Petty Cash
Acct. Acct. Acct. Acct. Acct.
A. Beginning Balance _____ _____ _____ _____ _____
B. Receipts _____ _____ _____ _____ _____
(Attach separate schedule)
C. Balance Available _____ _____ _____ _____ _____
(A+B)
D. Less Disbursements _____ _____ _____ _____ _____
(Attach separate schedule)
E. Ending Balance ALL ACTIVITY FOR INTERMET INTERNATIONAL, INC. IS REPORTED IN THE
(C-D) CONSOLIDATED COLUMBUS FOUNDRY OPERATING REPORT (CASE #04-67609). (PLEASE ATTACH COPIES OF MOST RECENT RECONCILED BANKSTATEMENTS FROM EACH ACCOUNT)
General Account:
1. Depository Name & Location _____________________________
2. Account Number _____________________________
Payroll Account:
1. Depository Name & Location _____________________________
2. Account Number _____________________________
Tax Account:
1. Depository Name & Location _____________________________
2. Account Number _____________________________
Other monies on hand (specify type and location) i.e., CD's, bonds, etc.:
____________________________________________________________________________
____________________________________________________________________________
Date: MARCH 28, 2005 _____________________________
Debtor in Possession
Form 5
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: FEBRUARY 28, 2005
The following information is to be provided for each shareholder, officer,
director, manager, insider, or owner that is employed by the debtor in
possession. (Attach additional pages if necessary.)
Name: INTERMET INTERNATIONAL, INC. Capacity: ___ Shareholder
Case Number: 04-67607 ___ Officer
___ Director
___ Insider
MANAGEMENT AND OTHER INSIDER COMPENSATION ARE MAINTAINED AT INTERMET CORPORATION. PLEASE SEE INTERMET CORPORATION (CASE #04-67597) FOR ALL INSIDER COMPENSATION/PAYMENTS.
[Download Table]
CURRENT COMPENSATION PAID: Weekly or Monthly
_______ _______
CURRENT BENEFITS PAID: Weekly or Monthly
Health Insurance _______ _______
Life Insurance _______ _______
Retirement _______ _______
Company Vehicle _______ _______
Entertainment _______ _______
Travel _______ _______
Other Benefits _______ _______
Total Benefits _______ _______
CURRENT OTHER BENEFITS PAID: Weekly or Monthly
Rent Paid _______ _______
Loans _______ _______
Other (Describe) _______ _______
Other (Describe) _______ _______
Other (Describe) _______ _______
Total Other Payments _______ _______
CURRENT TOTAL OF ALL PAYMENTS: Weekly or Monthly
_______ $0
Dated: MARCH 28, 2005 ____________________________________________
PRINCIPAL, OFFICER, DIRECTOR, OR INSIDER
Form 6
Intermet International, Inc.
Case Number: 04-67607
Intermet Corporation and Subsidiaries
Schedule of In-Force Insurance
[Download Table]
INSURANCE TYPE CARRIER POLICY PERIOD
-------------- -------- -------------
Property Lloyds 11/1/04-11/1/05
Boiler/Machine Hartford 11/1/04-11/1/05
Cargo Fireman's Fund 11/1/04-11/1/05
Truck Cargo Fireman's Fund 11/1/04-11/1/05
Aviation USAIG 11/1/04-11/1/05
Fiduciary St. Paul 11/1/04-11/1/05
Primary D&O St. Paul 11/1/04-11/1/05
Excess D&O Chubb 11/1/04-11/1/05
Excess D&O Platte River 11/1/04-11/1/05
Crime AIG 12/1/04-12/1/05
General Liability ACE 12/22/04-12/22/05
Umbrella National Union 12/22/04-12/22/05
Workers' Comp ACE 12/22/04-6/22/05
Excess Workers' Comp ACE 12/22/04-12/22/05
Auto ACE 12/22/04-12/22/05
Foreign (DIC) ACE 12/22/04-12/22/05
Note: This list does not include In-Force Insurance for Foreign Subsidiaries.
UNITED STATES BANKRUPTCY COURTFOR THE EASTERN DISTRICT OF MICHIGANTRANSMITTAL OF FINANCIAL REPORTS ANDCERTIFICATION OF COMPLIANCE WITH UNITED STATES TRUSTEEOPERATING REQUIREMENTS FOR THE PERIOD ENDED FEBRUARY 28, 2005:IN RE: ) INTERMET CORPORATION, ET AL ) CASE NO: 04-67598
) Chapter 11
) Judge: Marci B. McIvor
INTERMET U.S. HOLDING, INC. )
Debtor )
As debtor in possession, I affirm:
1. That I have reviewed the financial statements attached hereto, consisting of:
X Operating Statement (Form 2)
X Balance Sheet (Form 3)
X Summary of Operations (Form 4)
X Monthly Cash Statement (Form 5)
X Statement of Compensation (Form 6)
X Schedule of In-Force Insurance (Form 7)
and that they have been prepared in accordance with normal and customary
accounting practices, and fairly and accurately reflect the debtor's financial
activity for the period stated;
2. That the insurance, including workers' compensation and unemployment
insurance, as described in Section 5 of the Operating Instructions and Reporting
Requirements For Chapter 11 Cases is in effect; and,
(if not, attach written explanation)
YES [X] NO [ ]
3. That all post-petition taxes as described in Section 9 of the Operating
Instructions and Reporting Requirements For Chapter 11 cases are current.
(If not, attach written explanation)
YES [X] NO [ ]
4. No professional fees (attorney, accountant, etc.) have been paid without
specific court authorization.
(If not, attach a written explanation)
YES [X] NO [ ]
5. All United States Trustee Quarterly fees have been paid and are current
YES [X] NO [ ]
6. Have you filed your pre-petition tax returns.
(If not, attach a written explanation)
YES [X] NO [ ]
I hereby certify, under penalty of perjury, that the information provided above
is true and correct to the best of my information and belief.
Dated: MARCH 28, 2005 /s/ Robert E. Belts
------------------------------------------
Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- --------------
Title Phone
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs February
(Allocation of Corporate Costs to Filing Entities)
(000's)
[Download Table]
February
--------
Officer Compensation $ 189
Salary Expense other Employees 1,075
Employee Benefits and Pension 92
Payroll Taxes 67
Other Taxes (2)
Rent and Lease Expense 184
Interest Expense
Insurance 36
Automobile and Truck Expense 12
Utilities(Gas Electric,Phone) 33
Depreciation 73
Travel and Entertainment 55
Repairs and Maintenance (3)
Advertising/Promotion 0
Supplies, Office Expense 33
OTHER:
Contributions 0
Professional Fees - Audit/Tax 269
Bank Fees 11
Public Reporting Fees 16
Employee Relocation/Training 24
Data Processing 31
Dues and Subscriptions 20
Outside Services 111
Project Development Costs net of Billings (56)
Director Fees 25
Miscellaneous 33
Legal Fees 29
Cost Allocation - Europe (78)
Cost Allocation - Out (219)
-------
$ 2,060
=======
Note: In 2005, Professional fees related to the bankruptcy restructuring have
been reclassified to non-operating expense (Other Income/expense). In
February, the expense was $2,800,000.
[Download Table]
Allocation:
Wagner Castings 191
Northern Castings 49
Ironton Iron 0
Lynchburg Foundry 193
Columbus Foundry 313
Wagner Havana 0
Intermet U.S. Holdings 259
Cast-Matic Corp. 82
Diversified Diemakers 257
Ganton Technologies 168
Tool Products 137
Corporate 411
------
Total $2,060
======
INTERMET U.S. HOLDING, INC. CASE NO. 04-67598 AT 2/28/05 COLUMBUS MACHINING - BANK RECONCILIATION
[Download Table]
Bank Balance $ -
Actual Outstanding Checks 70,966.41
Misc Reconciling Items Adjusted in March (0.41)
-----------
70,966.00
Unadjusted GL Balance 70,966.00
-----------
$ -
===========
INTERMET U.S. HOLDING, INC. (NEW RIVER) CASE NO. 04-67598 CASH DISBURSEMENTS FEBRUARY 2005
[Download Table]
VENDOR TOTAL DISBURSEMENTS
------ -------------------
ADT SECURITY SERVICES $ 972.08 ADVANCED CARBIDE TOOL 7,062.05 ADVANCED MOTOR SERVICES 2,275.00 AETNA US HEALTH CARE 8,889.56 AIR PRODUCTS & CHEMICAL 5,043.66 AIRGAS INC 1,777.47 ALLIED MINERAL PRODUCTS 4,689.47 APPLIED INDUST. TECH 2,050.42 ARAMARK UNIFORM SERVICE 495.84 ARCET 1,906.49 ASI DATAMYTE, INC 313.50
Atlantic Coast ToyotaLift 2,070.00
ATMOS ENERGY 6,547.78 ATMOS ENERGY MARKETING 123,618.10 B & S INDUSTRIAL SERVIC 1,010.00 BANKS COMPANY INC. 4,033.10 BEST ONE TIRE 5,400.00 BOB'S REFUSE SERVICE IN 1,254.23 CANON FINANCIAL 534.34 CC METALS AND ALLOYS IN 22,393.99 CENTRAL VALLEY RUBBER S 8,652.28 CHAMPION CHISEL WORKS, 4,217.52 CHICAGO FREIGHT CAR LEA 4,484.40 CITICORP VENDOR FINANCE 444.00 CITY OF RADFORD 407,628.20 CITY OF RADFORD 210.00
Control Company 53.00
CRANE AMERICA SERVICES 4,328.75 DAVID J JOSEPH COMPANY 547,208.05 DETEK INC. 2,600.80 DISA INDUSTRIES, INC 131,165.78 DUBOIS FINISHING TECHNOLOGIES 3,185.32 EASTERN TECHNICAL ASSOC 450.00 EIRICH MACHINES 51.31 ELKEM METALS INC. 20,884.50 ENVIRITE OF OHIO 1,795.31 FAIRLAWN STORAGE 112.00 FAULKNER IND MAINTENANC 6,285.00 FOSECO INC. 8,415.00 FRENCH, LYDIA 133.11
GE Inspection Technologies 2,777.13
GREAT LAKES PRODUCTION SUPPORT 15,192.01 H.C. WADE 20,901.82 HA INTERNATIONAL, LLC 92,206.80 HARRIS RENTALS 65.00 HART METALS, INC. 74,800.00 HEAT TREATING SERVICES 46,028.29 HEATH OIL LLC 5,617.96 HERAEUS ELECTRO NITE CO 5,650.00 HIGHLAND PAGING 356.59 HILL AND GRIFFITH CO. 133,757.88 HOWELL, DOUG 77.02 INDUSTRIAL POWDER COATI 87,695.35 INDUSTRIAL SCIENTIFIC CORP 646.98 INDUSTRIAL SUPPLY CORP 251,313.71
Instron Corp 3,514.00
INTERNATIONAL SURFACE P 1,489.10 JONES,WILLARD 280.00 LAND TRANSPORTATION 9,966.71 LAYTON, TOMMY 70.88 LIFT ONE/DIVISION CAROL 6,394.19 LINA. 74.00
Magneco/Metrel 6,620.00
MARJO PLASTICS CO INC 92.40 MARSHALL WIRT & COMPANY 702.00 MCC 5,064.75 MCCOMBS, BRENT 1,101.95 MCELROY,JOHN C 821.83 METEC INC 13,500.00 METOKOTE CORPORATION 553.28 MILLENIUM TECHNOLOGIES 269.90
INTERMET U.S. HOLDING, INC. (NEW RIVER) CASE NO. 04-67598 CASH DISBURSEMENTS FEBRUARY 2005
[Download Table]
VENDOR TOTAL DISBURSEMENTS
------ -------------------
MILLER AND COMPANY LLC $ 223,011.85 MONTGOMERY SANITATION SER 72.35 MOUNTAIN SPRINGS 390.00 MYOPTICS EYEWEAR 875.00
National Material Trading 242,089.33
NEW RIVER GLASS 202.40 NEW RIVER RECYCLING 7,467.87 NEW RIVER SOLID WASTE M 55,574.67 NORFOLK SOUTHERN (GA) 82,316.47 NORTHBEND PATTERN WORKS 20,210.85
Omnisource Corporation 1,562,039.93
OMNISOURCE FT 61,400.00 PATTERN SERVICES 6,861.09 PAYROLL DISBURSED (INCLUDES CORP PAYMENTS) 862,224.07 PEARSON, MURRAY 35.78 PROCHEM ANALYTICAL INCO 827.25 PROFORMA 1,580.53 PROVIDENT LIFE 2,120.46 QUALITY EQUIPMENT DISTR 6,200.00 RADFORD CITY FLORIST 122.21 RADFORD COMBINED COURT 274.44 RADFORD STORAGE 160.00 RED HILL GRINDING WHEEL CORP. 3,702.60 REDDY ICE-CASSCO 78.00 REFCO INC 11,928.00 ROBERTS SINTO CORPORATI 340.76 ROGER RHODES 484.76 SAFETY & COMPLIANCE 400.00 SAF-GARD SAFETY SHOE CO 819.91 SATEC SYSTEMS (3,514.00) SAVEITNOW 1,563.66 SECURITY FORCES INC 7,522.36 SOUTHWESTERN VA. GAS SE 602.73 T K GROUP INC 273.00
Thompson Tire 3,292.00
TOMLIN, LINDA 93.00 TRANSMAN (FREIGHT) 55,213.40 TREASURER OF VA-DEQ 3,058.77 UNITED INDUSTRIAL SERVI 19,358.25 UNITED REFRACTORIES COM 18,959.70 UNITED STATES POSTAL OFFICE 800.00 UNITED WAY SAL 180.00 VA. DEPT OF TAXATION 13,422.11 VERIZON (17577) 4,708.11 VERIZON WIRELESS 71.85 W.E.L. INC. 3,925.00 WEDRON SILICA-FAIRMOUNT 28,679.00 WESTMORELAND ADVANCED M 14,580.00 WHEELABRATOR ABRASIVES 56,760.00 WHITING CORPORATION 12,040.00 WILLIAM A. KIBBE & ASSO 180.00 WILLIAMS SUPPLY INC 2,745.00
--------------
$ 5,540,567.46
INTERMET U.S. HOLDING, INC. CASE NO. 04-67598 AT 2/28/05 NEW RIVER - BANK RECONCILIATION
[Download Table]
Bank Balance $ -
Actual Outstanding Checks 230,522.92
Misc. Reconciling Items Adjusted in
March -
------------
230,522.92
Unadjusted GL Balance 230,522.92
------------
Difference $ -
============
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: FEBRUARY 28, 2005
The following information is to be provided for each shareholder, officer,
director, manager, insider, or owner that is employed by the debtor in
possession. (Attach additional pages if necessary.)
Name: INTERMET U.S. HOLDING, INC. Capacity: ___ Shareholder
Case Number: 04-67598 ___ Officer
___ Director
___ Insider
MANAGEMENT AND OTHER INSIDER COMPENSATION ARE MAINTAINED AT INTERMET CORPORATION. PLEASE SEE INTERMET CORPORATION (CASE #04-67597) FOR ALL INSIDER COMPENSATION/PAYMENTS.
[Download Table]
CURRENT COMPENSATION PAID: Weekly or Monthly
_______ _______
CURRENT BENEFITS PAID: Weekly or Monthly
Health Insurance _______ _______
Life Insurance _______ _______
Retirement _______ _______
Company Vehicle _______ _______
Entertainment _______ _______
Travel _______ _______
Other Benefits _______ _______
Total Benefits _______ _______
CURRENT OTHER BENEFITS PAID: Weekly or Monthly
Rent Paid _______ _______
Loans _______ _______
Other (Describe) _______ _______
Other (Describe) _______ _______
Other (Describe) _______ _______
Total Other Payments _______ _______
CURRENT TOTAL OF ALL PAYMENTS: Weekly or Monthly
_______ $ 0
Dated: MARCH 28, 2005 ________________________________________
PRINCIPAL, OFFICER, DIRECTOR, OR INSIDER
Form 6
Intermet U.S. Holding, Inc.
Case Number: 04-67598
Intermet Corporation and Subsidiaries
Schedule of In-Force Insurance
[Download Table]
INSURANCE TYPE CARRIER POLICY PERIOD
-------------------- -------------- -----------------
Property Lloyds 11/1/04-11/1/05
Boiler/Machine Hartford 11/1/04-11/1/05
Cargo Fireman's Fund 11/1/04-11/1/05
Truck Cargo Fireman's Fund 11/1/04-11/1/05
Aviation USAIG 11/1/04-11/1/05
Fiduciary St. Paul 11/1/04-11/1/05
Primary D&O St. Paul 11/1/04-11/1/05
Excess D&O Chubb 11/1/04-11/1/05
Excess D&O Platte River 11/1/04-11/1/05
Crime AIG 12/1/04-12/1/05
General Liability ACE 12/22/04-12/22/05
Umbrella National Union 12/22/04-12/22/05
Workers' Comp ACE 12/22/04-6/22/05
Excess Workers' Comp ACE 12/22/04-12/22/05
Auto ACE 12/22/04-12/22/05
Foreign (DIC) ACE 12/22/04-12/22/05
Note: This list does not include In-Force Insurance for Foreign Subsidiaries.
UNITED STATES BANKRUPTCY COURTFOR THE EASTERN DISTRICT OF MICHIGANTRANSMITTAL OF FINANCIAL REPORTS ANDCERTIFICATION OF COMPLIANCE WITH UNITED STATES TRUSTEEOPERATING REQUIREMENTS FOR THE PERIOD ENDED FEBRUARY 28, 2005:IN RE: ) INTERMET CORPORATION, ET AL ) CASE NO: 04-67603
) Chapter 11
) Judge: Marci B. McIvor
IRONTON IRON, INC. )
Debtor )
As debtor in possession, I affirm:
1. That I have reviewed the financial statements attached hereto, consisting of:
[X] Operating Statement (Form 2)
[X] Balance Sheet (Form 3)
[X] Summary of Operations (Form 4)
[X] Monthly Cash Statement (Form 5)
[X] Statement of Compensation (Form 6)
[X] Schedule of In-Force Insurance (Form 7)
and that they have been prepared in accordance with normal and customary
accounting practices, and fairly and accurately reflect the debtor's financial
activity for the period stated;
2. That the insurance, including workers' compensation and unemployment
insurance, as described in Section 5 of the Operating Instructions and Reporting
Requirements For Chapter 11 Cases is in effect; and, (if not, attach written
explanation)
YES [X] NO [ ]
3. That all post-petition taxes as described in Section 9 of the Operating
Instructions and Reporting Requirements For Chapter 11 cases are current.
(If not, attach written explanation)
YES [X] NO [ ]
4. No professional fees (attorney, accountant, etc.) have been paid without
specific court authorization.
(If not, attach a written explanation)
YES [X] NO [ ]
5. All United States Trustee Quarterly fees have been paid and are current
YES [X] NO [ ]
6. Have you filed your pre-petition tax returns.
(If not, attach a written explanation)
YES [X] NO [ ]
I hereby certify, under penalty of perjury, that the information provided above
is true and correct to the best of my information and belief.
Dated: MARCH 28, 2005 /s/ Robert E. Belts
------------------------------------------
Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- ---------------
Title Phone
Intermet Corp. and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs February
(Allocation of Corporate Costs to Filing Entities)
(000's)
[Download Table]
February
--------
Officer Compensation $ 189
Salary Expense other Employees 1,075
Employee Benefits and Pension 92
Payroll Taxes 67
Other Taxes (2)
Rent and Lease Expense 184
Interest Expense
Insurance 36
Automobile and Truck Expense 12
Utilities(Gas Electric,Phone) 33
Depreciation 73
Travel and Entertainment 55
Repairs and Maintenance (3)
Advertising/Promotion 0
Supplies, Office Expense 33
OTHER:
Contributions 0
Professional Fees - Audit/Tax 269
Bank Fees 11
Public Reporting Fees 16
Employee Relocation/Training 24
Data Processing 31
Dues and Subscriptions 20
Outside Services 111
Project Development Costs net of Billings (56)
Director Fees 25
Miscellaneous 33
Legal Fees 29
Cost Allocation - Europe (78)
Cost Allocation - Out (219)
--------
$ 2,060
========
Note: In 2005, Professional fees related to the bankruptcy restructuring have
been reclassified to non-operating expense (Other Income/expense). In
February, the expense was $2,800,000.
Allocation:
[Download Table]
Wagner Castings 191
Northern Castings 49
Ironton Iron 0
Lynchburg Foundry 193
Columbus Foundry 313
Wagner Havana 0
Intermet U.S. Holdings 259
Cast-Matic Corp. 82
Diversified Diemakers 257
Ganton Technologies 168
Tool Products 137
Corporate 411
--------
Total $ 2,060
========
INTERMET Corp. and Subsidiaries
Balance Sheet as of 2-28-05
[Download Table]
CASE #04-67603
--------------
IRONTON
IRON
--------------
Cash And Equivalents
Accounts Receivable
Short-Term Intercompany Receivables
Inventories
Other Current Assets 0
--------
TOTAL CURRENT ASSETS 0
Land and Buildings 0
Machinery & Equipment
Construction In Progress
--------
Total Fixed Assets 0
Accumulated Depreciation
--------
NET FIXED ASSETS 0
Investment In Subsidiaries
Investment In European Operations 0
Long-Term Intercompany Receivables
Deferred Taxes, Long-Term Asset
Other Assets
--------
TOTAL ASSETS $ 0
========
LIABILITIES AND SHAREHOLDER EQUITY POST PETITION LIABILITIES
Accounts Payable $ 0
Wages and Salaries (See schedule) 0
Taxes Payable - (See schedule) 0
--------
TOTAL POST PETITION LIABILITIES 0 SECURED LIABILITIES: SECURED BANK DEBT 0 PRE-PETITION LIABILITIES:
Taxes and Other Priority Liabilities:
Accrued Income Taxes 0
Accrued Tax - State 0
Accrued Property Taxes 0
Accrued Workers Comp. 751
Accrued Payroll 0
Accrued Payroll Taxes 0
TOTAL TAXES AND OTHER PRIORITY LIABILITIES 751 UNSECURED LIABILITIES
Accounts Payable 0
Senior & IDR Bonds 0
--------
TOTAL UNSECURED LIABILITIES 0 OTHER LIABILITIES
Accrued Liabilities 0
Short-Term Intercompany Payables
Capital Leases 0
Retirement Benefits 0
Deferred Taxes - Long-Term Liability 0
Other Long-Term Liabilities 0
Long-Term Intercompany Payables 33,246
Minority Interest 0
--------
TOTAL LIABILITIES 33,997
Common Stock 0
Capital In Excess Of Par Value 49,000
Retained Earnings - Prepetition (82,685)
Retained Earnings - Post Petition (312)
Equity In European Operations
Accumulated Translation Adjustment 0
Minimum Pension Liability Adjustment 0
Unearned Restricted Stock 0
TOTAL SHAREHOLDER EQUITY (33,997)
--------
TOTAL LIABILITIES AND EQUITY $ 0
========
MONTHLY CASH STATEMENT
Period Ending: FEBRUARY 28, 2005 IRONTON IRON, INC.
Case Number: 04-67603
CASH ACTIVITY ANALYSIS (CASH BASIS ONLY):
[Download Table]
General Payroll Tax Cash Coll. PettyCash
Acct. Acct. Acct. Acct. Acct.
A. Beginning Balance _______ _______ _______ _______ _______
B. Receipts _______ _______ _______ _______ _______
(Attach separate schedule)
C. Balance Available _______ _______ _______ _______ _______
(A+B)
D. Less Disbursements _______ _______ _______ _______ _______
(Attach separate schedule)
E. Ending Balance N/A - COMPANY HAS NO BANK ACCOUNT
(C-D) (PLEASE ATTACH COPIES OF MOST RECENT RECONCILED BANK STATEMENTS FROM EACH ACCOUNT)
General Account:
1. Depository Name & Location _____________________________
2. Account Number _____________________________
Payroll Account:
1. Depository Name & Location _____________________________
2. Account Number _____________________________
Tax Account:
1. Depository Name & Location _____________________________
2. Account Number _____________________________
Other monies on hand (specify type and location) i.e., CD's, bonds, etc.:
___________________________________________________________________________
___________________________________________________________________________
Date: MARCH 28, 2005 _____________________________
Debtor in Possession
Form 5
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: FEBRUARY 28, 2005
The following information is to be provided for each shareholder, officer,
director, manager, insider, or owner that is employed by the debtor in
possession. (Attach additional pages if necessary.)
Name: IRONTON IRON, INC. Capacity: ___ Shareholder
Case Number: 04-67603 ___ Officer
___ Director
___ Insider
MANAGEMENT AND OTHER INSIDER COMPENSATION ARE MAINTAINED AT INTERMET CORPORATION. PLEASE SEE INTERMET CORPORATION (CASE #04-67597) FOR ALL INSIDER COMPENSATION/PAYMENTS.
CURRENT COMPENSATION PAID: Weekly or Monthly
______ _______
CURRENT BENEFITS PAID: Weekly or Monthly
Health Insurance ______ _______
Life Insurance ______ _______
Retirement ______ _______
Company Vehicle ______ _______
Entertainment ______ _______
Travel ______ _______
Other Benefits ______ _______
Total Benefits ______ _______
CURRENT OTHER BENEFITS PAID: Weekly or Monthly
Rent Paid ______ _______
Loans ______ _______
Other (Describe) ______ _______
Other (Describe) ______ _______
Other (Describe) ______ _______
Total Other Payments ______ _______
CURRENT TOTAL OF ALL PAYMENTS: Weekly or Monthly
______ $ 0
Dated: MARCH 28, 2005 ________________________________________
PRINCIPAL, OFFICER, DIRECTOR, OR INSIDER
Form 6
Ironton Iron, Inc.
Case Number: 04-67603
Intermet Corporation and Subsidiaries
Schedule of In-Force Insurance
[Download Table]
INSURANCE TYPE CARRIER POLICY PERIOD
-------------------- -------------- -----------------
Property Lloyds 11/1/04-11/1/05
Boiler/Machine Hartford 11/1/04-11/1/05
Cargo Fireman's Fund 11/1/04-11/1/05
Truck Cargo Fireman's Fund 11/1/04-11/1/05
Aviation USAIG 11/1/04-11/1/05
Fiduciary St. Paul 11/1/04-11/1/05
Primary D&O St. Paul 11/1/04-11/1/05
Excess D&O Chubb 11/1/04-11/1/05
Excess D&O Platte River 11/1/04-11/1/05
Crime AIG 12/1/04-12/1/05
General Liability ACE 12/22/04-12/22/05
Umbrella National Union 12/22/04-12/22/05
Workers' Comp ACE 12/22/04-6/22/05
Excess Workers' Comp ACE 12/22/04-12/22/05
Auto ACE 12/22/04-12/22/05
Foreign (DIC) ACE 12/22/04-12/22/05
Note: This list does not include In-Force Insurance for Foreign Subsidiaries.
UNITED STATES BANKRUPTCY COURTFOR THE EASTERN DISTRICT OF MICHIGANTRANSMITTAL OF FINANCIAL REPORTS ANDCERTIFICATION OF COMPLIANCE WITH UNITED STATES TRUSTEEOPERATING REQUIREMENTS FOR THE PERIOD ENDED FEBRUARY 28, 2005:IN RE: ) INTERMET CORPORATION, ET AL ) CASE NO: 04-67606
) Chapter 11
) Judge: Marci B. McIvor
LYNCHBURG FOUNDRY, INC. )
Debtor )
As debtor in possession, I affirm:
1. That I have reviewed the financial statements attached hereto, consisting
of:
[X] Operating Statement (Form 2)
[X] Balance Sheet (Form 3)
[X] Summary of Operations (Form 4)
[X] Monthly Cash Statement (Form 5)
[X] Statement of Compensation (Form 6)
[X] Schedule of In-Force Insurance (Form 7)
and that they have been prepared in accordance with normal and customary
accounting practices, and fairly and accurately reflect the debtor's financial
activity for the period stated;
2. That the insurance, including workers' compensation and unemployment
insurance, as described in Section 5 of the Operating Instructions and Reporting
Requirements For Chapter 11 Cases is in effect; and,
(if not, attach written explanation)
YES [X] NO [ ]
3. That all post-petition taxes as described in Section 9 of the Operating
Instructions and Reporting Requirements For Chapter 11 cases are current.
(If not, attach written explanation)
YES [X] NO [ ]
4. No professional fees (attorney, accountant, etc.) have been paid without
specific court authorization.
(If not, attach a written explanation)
YES [X] NO [ ]
5. All United States Trustee Quarterly fees have been paid and are current
YES [X] NO [ ]
6. Have you filed your pre-petition tax returns.
(If not, attach a written explanation)
YES [X] NO [ ]
I hereby certify, under penalty of perjury, that the information provided above
is true and correct to the best of my information and belief.
Dated: MARCH 28, 2005 /s/ Robert E. Belts
---------------------------------------------
Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- -------------------
Title Phone
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs February
(Allocation of Corporate Costs to Filing Entities)
(000's)
[Download Table]
February
--------
Officer Compensation $ 189
Salary Expense other Employees 1,075
Employee Benefits and Pension 92
Payroll Taxes 67
Other Taxes (2)
Rent and Lease Expense 184
Interest Expense
Insurance 36
Automobile and Truck Expense 12
Utilities(Gas Electric,Phone) 33
Depreciation 73
Travel and Entertainment 55
Repairs and Maintenance (3)
Advertising/Promotion 0
Supplies, Office Expense 33
Other:
Contributions 0
Professional Fees - Audit/Tax 269
Bank Fees 11
Public Reporting Fees 16
Employee Relocation/Training 24
Data Processing 31
Dues and Subscriptions 20
Outside Services 111
Project Development Costs net of Billings (56)
Director Fees 25
Miscellaneous 33
Legal Fees 29
Cost Allocation - Europe (78)
Cost Allocation - Out (219)
--------
$ 2,060
========
Note: In 2005, Professional fees related to the bankruptcy restructuring have
been reclassified to non-operating expense (Other Income/expense). In
February, the expense was $2,800,000.
Allocation:
[Download Table]
Wagner Castings 191
Northern Castings 49
Ironton Iron 0
Lynchburg Foundry 193
Columbus Foundry 313
Wagner Havana 0
Intermet U.S. Holdings 259
Cast-Matic Corp. 82
Diversified Diemakers 257
Ganton Technologies 168
Tool Products 137
Corporate 411
--------
Total $ 2,060
========
LYNCHBURG FOUNDRY, INC.(ARCHER CREEK) CASE NO. 04-67606 CASH DISBURSEMENTS FEBRUARY 2005
[Download Table]
VENDOR TOTAL DISBURSEMENTS
------ -------------------
COLUMBIA GAS 9,808.21 COLUMBIA MARKING TOOLS 179.36 COMMERICAL STEEL ERECTION 60,095.50 CONSUMER DORIN ADAMS 23,209.45 CONTROL CHIEF CORP 897.21 CONTROL CORP OF AMERICA 178.14 CRANE AMERICA SERVICES 1,650.00 CROSS SALES & ENGINEERING 611.77 CSXT 5,247.00 DAVID J. JOSEPH (270,676.42) DAY-TIMERS 25.98 DELTA AUTOMATION 2,124.35 DEPARTMENT OF MOTOR VEHICLES 344.25 DETEK 325.00 DICK HARRIS & SON TRUCK 8,624.07 DIKE-O-SEAL 1,144.66 DM&E RAILROAD 45,018.26 DODSON BROS. EXTERMINATING 177.00 DOMINION METALLURGICAL 959.25 EAGLITE CHEMICALS 1,936.00 EASTERN N D T INC 827.84 EASTERN TECHNICAL ASSOCIATES 675.00 ECK SUPPLY 9,074.32 EDUCATIONAL RESOURCES 139.00 EDWARDS MEDICAL SUPPLY 60.40 ELECTRIC MELTING 46,979.93 ELECTRONICS REPAIR CENTER 552.00 ELKEM METALS 54,033.32 ELY CRANE AND HOIST 16,537.30 EMLEX CONSTRUCTION 72,222.00 ENGINE DESIGN SYSTEMS INC 3,380.00 ENGINE DISTRIBUTORS 33.66 ENGINEERING CHEMISTRY 2,627.00 EQUIPMENT MERCHANTS, INTL 7,784.81 EUTECTIC CORPORATION 345.31 EXCEL TECHNOLOGIES 174.50 FAMILY SUPPORT REGISTRY 585.12 FEI LYNCHBURG #75 269.51 FERBEE-JOHNSON CO 10,567.75 FIRE & SAFETY EQUIPMENT 700.35 FIRTION, BRIAN 35.47 FLOYD, BRADLEY 90.90 FOLEY MATERIAL HANDLING 501.10 FOLKS, MELANIE 1,586.00 FOSECO 59,691.57 FOSTER ELECTRIC CO 397.89 FREEMAN MFG & SUPPLY 2,362.11 FROEHLING & ROBERTSON, INC 4,393.60 G E SUPPLY 750.96 G.E. CAPITAL 11,542.96 GEE, KIRKLIN 100.00 GENERAL KINEMATICS 5,824.98 GLOBAL STONE JAMES RIVER 4,000.00 GLOBE METALLURGICAL 172,516.80 HA INTERNATIONAL 42,972.00 HAJOCA CORPORATION 60.10 HALL, ERNEST 84.59 HARBISON-WALKER REFRACTORIES 13,343.58 HELEN P. PARRISH 207.00 HELWIG CARBON, INC 186.04 HERAEUS ELECTRO-NITE CO 9,603.31 HERBERT L. BESKIN 8,122.00 HERITAGE H.S. 125.00 HILL AND GRIFFITH 43,445.98 HOPKINS, WILLIAM D 168.02 HORSEHEAD RESOURCE DVLP 8,000.00 I.A.M. NATIONAL PENSION FUND 1,913.30 INDUSTRIAL CONTROLS 1,234.21 INDUSTRIAL SUPPLY CORP 13,130.02 INDUSTRIAL TOOL SERVICES 824.64 INGE, DAPHNE 122.74 INTERNATIONAL ASSOC 432.00
LYNCHBURG FOUNDRY, INC.(ARCHER CREEK) CASE NO. 04-67606 CASH DISBURSEMENTS FEBRUARY 2005
[Download Table]
VENDOR TOTAL DISBURSEMENTS
------ -------------------
INTERSTATE BATTERY 63.90 INT-L SURFACE CORPORATION 18,711.90 JACKSON WANDA K 396.92 JAMES D. ENGLISH 10,379.69 JAMES T. DAVIS 825.91 JDN LEASING 3,500.00 JEFFERSON GALLERIES 1,813.45 JESUS BARAJAS CARLOS 1,977.50 JFHS AFTER-PROM CELEBRATION 125.00 JOBE& COMPANY 1,315.92 JOHNSON DIVERSE/DUBOIS 3,217.50 JOHNSON, GEORGE 84.59 JONES, JOE 100.00 KC ROBOTICS, INC 6,083.50 KEETER-DIXON-PEARRE 370.00 KENT RUDBECK 1,164.24 KINDT COLLINS CO 359.06 LABORATORY CORP. OF AMERICA 16.50 LAWRENCE EQUIPMENT 4,106.09 LEWIS SYSTEMS INC. 2,625.29 LEWIS, ANGELA V. 369.20 LINA 216.50 LINDA TOMLIN 37.50 LIVINGSTON AND HAVEN 233.60 LYNCHBURG GARAGE DOOR 3,950.00 MABINS, GARY 90.90 MACDERMID INC 137.75 MAGNETEK INDUSTRIAL CONTROLS 555.00 MARJO PLASTICS 3,671.36 MARTIN, DAVID 107.08 MASTER GAGE & TOOL CO 1,900.00 MAYBERRY, SHAUN 80.41 MAYBERRY, SUSIE 936.17 MCI COMM SERVICE 22.04 MCMASTER-CARR SUPPLY 133.87 MECHANICAL TECHNOLOGIES 166.39 MEDICAL ASSOCIATES OF CENTRAL VA 327.18 METAL MARKER MFG 1,102.17 METSO MINERALS IND 2,141.75 MIDCO INTERNATIONAL, INC 179.37 MIDWESCO, INC 20,583.36 MONROE, SARAH 1,329.24 MOORE'S MACHINE CO 2,840.00 MORRIS MATERIAL HANDLING 197.57 MOTION INDUSTRIES 1,286.98 NATIONAL AUTO PARTS 242.32 NATIONAL MATERIAL TRADING 485,723.53 NEWARK INONE 180.72 NOEL SYSTEMS 628.00 NORTH AMERICAN MFG CO 69.71 OLYMPIC CREDIT FUND 9,902.88 OMNISOURCE FT WAYNE 1,812,946.50 OSBORNE INTERNATIONAL 386.28 OVERNITE TRANSPORTATION CO 72.86 PALLETONE OF VA 5,399.10 PAYROLL DISBURSEMENTS (INCLUDES CORP PAYMENTS) 1,271,674.27 PEARSON EQUIPMENT 366.00 PGS, INC 408.71 PIEDMONT FOUNDRY SUPPLY 101,012.96 PORTER WARNER IND 59,930.12 POSTMASTER 570.00 POTOMAC ENVIRONMENTAL 624.52 PRECISION HYDRAULICS CO 827.92 PRO CHEM INCORPORATED 425.00 PROCHEM ANALYTICAL 100.00 PRODUCT ACTION 2,640.13 PROVIDENT LIFE & ACCIDENT 2,393.68 QSI, INC 151.79 R.I. LAMPUS 72,568.00 RAMSEY, MARTHA 790.35 RAY, JAMES 90.90 REBECCA B. CONNELLY 600.00
LYNCHBURG FOUNDRY, INC.(ARCHER CREEK) CASE NO. 04-67606 CASH DISBURSEMENTS FEBRUARY 2005
[Download Table]
VENDOR TOTAL DISBURSEMENTS
------ -------------------
RED HILL GRINDING WHEEL 10,096.96 REI CONSULTANTS 6,718.00 REXEL 476.38 RICHMOND SECURITY SERVICES 10,283.44 ROBERTS SINTO CORP 60.00 RSC 5,327.10 SAFETY-KLEEN 792.00 SAF-GARD SAFETY SHOE 189.98 SALEM TOOLS 469.25 SERVICE FIRST 1,444.37 SERVICE PRINTING 207.00 SHEPHERDS FABRICS & SUPLS 128.00 SMITH SERVICES 7,816.14 SOUTHEAST SERVICE SUPPLY 2,130.49 SOUTHERN AIR 1,410.00 SOUTHERN GRAPHICS & SUPPLY 65.00 SOUTHERN MAINTENANCE SUPPLY 2,096.31 SPECIAL K LANDSCAPING 500.00 SPECIALTY FOUNDRY PRODUCTS 747.00 STAHL, INC 2,792.31 STEELE, WILLIAM 25.00 STERICYCLE INC 429.90 SUPERIOR GRAPHITE 24,153.76 T K GROUP, INC 123.00 T. H. COMMUNICATIONS 70.00 TEMPLETON'S MKT 552.11 THE MASA CORP 3,500.40 THERMAL TECHNOLOGIES 2,625.00 THOMPSON TRUCKING 50,020.33 TIME TECHNOLOGIES 81.03 TORRENCE PLUMBING 8,425.17 TRANE 156.60 TRANSMAN 14,614.79 TREASURER OF VA 19,674.97 TUSCOLA SAGINAW BAY RAILWAY 52,316.33 UMETCO INC 21,000.00 UNITED HYDRAULICS INC 25,513.83 UNITED WAY OF CENTRAL VA 3,985.28 VA CAROLINA BELTING 3,093.36 VA DEPT OF TAX 1,137.36 VALLEY FASTENERS 3,169.01 VBS 1,299.36 VERIZON 53.65 VIRGINIA CAROLINA CONTROLS 351.75 VIRGINIA ELECTRONIC COMPONENTS 650.48 VIRGINIA METAL SERVICE 2,308.31 W.E.L. ENTERPRISES 13,036.50 WADE, BRANDON 90.90 WENDT DUNNINGTON 557.61 WESCO 1,723.99 WESTERN VIRGINIA SERVICE, INC 38.00 WEXFORD SAND COMPANY 25,280.00 WHEELABRATOR ABRASIVES 42,570.00 WHITE, ERNEST 90.90 WIGGINGTON RD FAMILY PRACTICE 483.00 WILLIAMS, CLARENCE 5,306.40 WILLIAMSON & WILMER 40.34 WISCONSIN BOX COMPANY 10,977.00 WOMEN'S HEALTH SERVICES 404.78 XEROX CORPORATION 1,771.76 XPEDX 6,500.25
--------------
$ 6,259,586.34
LYNCHBURG FOUNDRY CASE NO. 04-67606 AT 2/28/05 ARCHER CREEK - BANK RECONCILIATION
[Download Table]
Bank Balance $ -
Actual Outstanding Checks 375,612.59
Prepetition Checks Voided in March 12,819.00
Misc Reconciling Items Adjusted in March (1,944.78)
-----------
386,486.81
Unadjusted GL Balance 386,486.81
-----------
Difference $ -
===========
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: FEBRUARY 28, 2005
The following information is to be provided for each shareholder, officer,
director, manager, insider, or owner that is employed by the debtor in
possession. (Attach additional pages if necessary.)
Name: LYNCHBURG FOUNDRY, INC. Capacity: ___ Shareholder
Case Number: 04-67606 ___ Officer
___ Director
___ Insider
MANAGEMENT AND OTHER INSIDER COMPENSATION ARE MAINTAINED AT INTERMET CORPORATION. PLEASE SEE INTERMET CORPORATION (CASE #04-67597) FOR ALL INSIDER COMPENSATION/PAYMENTS.
CURRENT COMPENSATION PAID: Weekly or Monthly
_______ _______
CURRENT BENEFITS PAID: Weekly or Monthly
Health Insurance _______ _______
Life Insurance _______ _______
Retirement _______ _______
Company Vehicle _______ _______
Entertainment _______ _______
Travel _______ _______
Other Benefits _______ _______
Total Benefits _______ _______
CURRENT OTHER BENEFITS PAID: Weekly or Monthly
Rent Paid _______ _______
Loans _______ _______
Other (Describe) _______ _______
Other (Describe) _______ _______
Other (Describe) _______ _______
Total Other Payments _______ _______
CURRENT TOTAL OF ALL PAYMENTS: Weekly or Monthly
_______ $ 0
Dated: MARCH 28, 2005 ___________________________________________
PRINCIPAL, OFFICER, DIRECTOR, OR INSIDER
Form 6
Lynchburg Foundry, Inc.
Case Number: 04-67606
Intermet Corporation and Subsidiaries
Schedule of In-Force Insurance
[Download Table]
INSURANCE TYPE CARRIER POLICY PERIOD
-------------------- -------------- -----------------
Property Lloyds 11/1/04-11/1/05
Boiler/Machine Hartford 11/1/04-11/1/05
Cargo Fireman's Fund 11/1/04-11/1/05
Truck Cargo Fireman's Fund 11/1/04-11/1/05
Aviation USAIG 11/1/04-11/1/05
Fiduciary St. Paul 11/1/04-11/1/05
Primary D&O St. Paul 11/1/04-11/1/05
Excess D&O Chubb 11/1/04-11/1/05
Excess D&O Platte River 11/1/04-11/1/05
Crime AIG 12/1/04-12/1/05
General Liability ACE 12/22/04-12/22/05
Umbrella National Union 12/22/04-12/22/05
Workers' Comp ACE 12/22/04-6/22/05
Excess Workers' Comp ACE 12/22/04-12/22/05
Auto ACE 12/22/04-12/22/05
Foreign (DIC) ACE 12/22/04-12/22/05
Note: This list does not include In-Force Insurance for Foreign Subsidiaries.
UNITED STATES BANKRUPTCY COURTFOR THE EASTERN DISTRICT OF MICHIGANTRANSMITTAL OF FINANCIAL REPORTS ANDCERTIFICATION OF COMPLIANCE WITH UNITED STATES TRUSTEEOPERATING REQUIREMENTS FOR THE PERIOD ENDED FEBRUARY 28, 2005:IN RE: ) INTERMET CORPORATION, ET AL ) CASE NO: 04-67608
) Chapter 11
) Judge: Marci B. McIvor
NORTHERN CASTINGS CORP. )
Debtor )
As debtor in possession, I affirm:
1. That I have reviewed the financial statements attached hereto, consisting of:
[X] Operating Statement (Form 2)
[X] Balance Sheet (Form 3)
[X] Summary of Operations (Form 4)
[X] Monthly Cash Statement (Form 5)
[X] Statement of Compensation (Form 6)
[X] Schedule of In-Force Insurance (Form 7)
and that they have been prepared in accordance with normal and customary
accounting practices, and fairly and accurately reflect the debtor's financial
activity for the period stated;
2. That the insurance, including workers' compensation and unemployment
insurance, as described in Section 5 of the Operating Instructions and Reporting
Requirements For Chapter 11 Cases is in effect; and, (if not, attach written
explanation)
YES [X] NO [ ]
3. That all post-petition taxes as described in Section 9 of the Operating
Instructions and Reporting Requirements For Chapter 11 cases are current.
(If not, attach written explanation)
YES [X] NO [ ]
4. No professional fees (attorney, accountant, etc.) have been paid without
specific court authorization. (If not, attach a written explanation)
YES [X] NO [ ]
5. All United States Trustee Quarterly fees have been paid and are current
YES [X] NO [ ]
6. Have you filed your pre-petition tax returns.
(If not, attach a written explanation)
YES [X] NO [ ]
I hereby certify, under penalty of perjury, that the information provided above
is true and correct to the best of my information and belief.
Dated: MARCH 28, 2005 /s/ Robert E. Belts
----------------------------------------
Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- ---------------
Title Phone
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs February
(Allocation of Corporate Costs to Filing Entities)
(000's)
[Download Table]
February
--------
Officer Compensation $ 189
Salary Expense other Employees 1,075
Employee Benefits and Pension 92
Payroll Taxes 67
Other Taxes (2)
Rent and Lease Expense 184
Interest Expense
Insurance 36
Automobile and Truck Expense 12
Utilities(Gas Electric,Phone) 33
Depreciation 73
Travel and Entertainment 55
Repairs and Maintenance (3)
Advertising/Promotion 0
Supplies, Office Expense 33
OTHER:
Contributions 0
Professional Fees - Audit/Tax 269
Bank Fees 11
Public Reporting Fees 16
Employee Relocation/Training 24
Data Processing 31
Dues and Subscriptions 20
Outside Services 111
Project Development Costs net of Billings (56)
Director Fees 25
Miscellaneous 33
Legal Fees 29
Cost Allocation - Europe (78)
Cost Allocation - Out (219)
-------
$ 2,060
=======
Note: In 2005, Professional fees related to the bankruptcy restructuring have
been reclassified to non-operating expense (Other Income/expense). In
February, the expense was $2,800,000.
[Download Table]
Allocation:
Wagner Castings 191
Northern Castings 49
Ironton Iron 0
Lynchburg Foundry 193
Columbus Foundry 313
Wagner Havana 0
Intermet U.S. Holdings 259
Cast-Matic Corp. 82
Diversified Diemakers 257
Ganton Technologies 168
Tool Products 137
Corporate 411
------
Total $2,060
======
NORTHERN CASTINGS CORPORATION CASE NO. 04-67608 CASH DISBURSEMENTS FEBRUARY 2005
[Download Table]
VENDOR TOTAL DISBURSEMENTS
------ -------------------
3 Rivers Trucking, Inc $ 7,926.14
Aetna 1,341.02
Airgas - North Central 4,877.19
Allied Mineral Products Inc 2,749.12
Alter Trading 35,000.00
American Colloid 36,115.64
Ameripride Linen 1,474.82
ASI Data Myte Inc 319.50
B & R Engineering 2,804.50
B C M 1,330.00
Baldwin Supply 167.74
BDI - Bearing Service Co 332.39
Beardsley & Piper 7,563.00
Beckstrom, Bruce 83.51
Behr Iron 300,000.00
Behr Specialty 3,100.00
Bob Scofield 15,507.50
Bruce R Smith 2,340.00
Carlson Systems Corp 20.33
Carpenter Brothers 71.37
Carquest Auto Parts 363.48
Cast Corporation 44,272.00
Collection Bureau of Little Falls 123.36
Disa 8,274.60
Dixie Industrial Finishing 1,728.64
Elkem Metals 46,683.99
EMSCO 3,995.80 ENCO 60.79
Erickson Lumber & Fuel 220.58
Express Print 1,807.01
Fastenal Company 806.06
Ferrellgas 74.99
Full Circle Image 161.03
G E Capital 1,017.08
George Bougalis 1,200.00
Gil-Mar Manufacturing 16,605.00
GMP Local 21B 1,370.50
Guaranteed Quality Cleaning 329.09
Heraeus Electro-Nite Co 3,832.18
Hibbing Community College 1,570.00
Hibbing Police Association 30.00
Hi-Temp 4,793.08
I.R.B Inc. 1,638.00
J. N. Johnson 372.75
Jasper Eng. 799.79
Ken's A-1 Auto 20.00
L & L Rental 1,521.85
Larpen Metallurgical 957.00
Lekatz, Mike 1,607.24
Lerch Brothers 180.00
Lina 8.00
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: FEBRUARY 28, 2005
The following information is to be provided for each shareholder, officer,
director, manager, insider, or owner that is employed by the debtor in
possession. (Attach additional pages if necessary.)
Name: NORTHERN CASTINGS CORP. Capacity: ___ Shareholder
Case Number: 04-67608 ___ Officer
___ Director
___ Insider
MANAGEMENT AND OTHER INSIDER COMPENSATION ARE MAINTAINED AT INTERMET CORPORATION. PLEASE SEE INTERMET CORPORATION (CASE #04-67597) FOR ALL INSIDER COMPENSATION/PAYMENTS.
CURRENT COMPENSATION PAID: Weekly or Monthly
_______ _______
CURRENT BENEFITS PAID: Weekly or Monthly
Health Insurance _______ _______
Life Insurance _______ _______
Retirement _______ _______
Company Vehicle _______ _______
Entertainment _______ _______
Travel _______ _______
Other Benefits _______ _______
Total Benefits _______ _______
CURRENT OTHER BENEFITS PAID: Weekly or Monthly
Rent Paid _______ _______
Loans _______ _______
Other (Describe) _______ _______
Other (Describe) _______ _______
Other (Describe) _______ _______
Total Other Payments _______ _______
CURRENT TOTAL OF ALL PAYMENTS: Weekly or Monthly
_______ $0
Dated: MARCH 28, 2005 _________________________________________
PRINCIPAL, OFFICER, DIRECTOR, OR INSIDER
Form-6
Northern Castings Corp.
Case Number: 04-67608
Intermet Corporation and Subsidiaries
Schedule of In-Force Insurance
[Download Table]
INSURANCE TYPE CARRIER POLICY PERIOD
-------------- ------- -------------
Property Lloyds 11/1/04-11/1/05
Boiler/Machine Hartford 11/1/04-11/1/05
Cargo Fireman's Fund 11/1/04-11/1/05
Truck Cargo Fireman's Fund 11/1/04-11/1/05
Aviation USAIG 11/1/04-11/1/05
Fiduciary St. Paul 11/1/04-11/1/05
Primary D&O St. Paul 11/1/04-11/1/05
Excess D&O Chubb 11/1/04-11/1/05
Excess D&O Platte River 11/1/04-11/1/05
Crime AIG 12/1/04-12/1/05
General Liability ACE 12/22/04-12/22/05
Umbrella National Union 12/22/04-12/22/05
Workers' Comp ACE 12/22/04-6/22/05
Excess Workers' Comp ACE 12/22/04-12/22/05
Auto ACE 12/22/04-12/22/05
Foreign (DIC) ACE 12/22/04-12/22/05
Note: This list does not include In-Force Insurance for Foreign Subsidiaries.
UNITED STATES BANKRUPTCY COURTFOR THE EASTERN DISTRICT OF MICHIGANTRANSMITTAL OF FINANCIAL REPORTS ANDCERTIFICATION OF COMPLIANCE WITH UNITED STATES TRUSTEEOPERATING REQUIREMENTS FOR THE PERIOD ENDED FEBRUARY 28, 2005:IN RE: ) INTERMET CORPORATION, ET AL ) CASE NO: 04-67613
) Chapter 11
) Judge: Marci B. McIvor
SUDBURY, INC. )
Debtor )
As debtor in possession, I affirm:
1. That I have reviewed the financial statements attached hereto, consisting of:
[X] Operating Statement (Form 2)
[X] Balance Sheet (Form 3)
[X] Summary of Operations (Form 4)
[X] Monthly Cash Statement (Form 5)
[X] Statement of Compensation (Form 6)
[X] Schedule of In-Force Insurance (Form 7)
and that they have been prepared in accordance with normal and customary
accounting practices, and fairly and accurately reflect the debtor's financial
activity for the period stated;
2. That the insurance, including workers' compensation and unemployment
insurance, as described in Section 5 of the Operating Instructions and Reporting
Requirements For Chapter 11 Cases is in effect; and, (if not, attach written
explanation)
YES [X] NO [ ]
3. That all post-petition taxes as described in Section 9 of the Operating
Instructions and Reporting Requirements For Chapter 11 cases are current.
(If not, attach written explanation)
YES [X] NO [ ]
4. No professional fees (attorney, accountant, etc.) have been paid without
specific court authorization.
(If not, attach a written explanation)
YES [X] NO [ ]
5. All United States Trustee Quarterly fees have been paid and are current
YES [X] NO [ ]
6. Have you filed your pre-petition tax returns.
(If not, attach a written explanation)
YES [X] NO [ ]
I hereby certify, under penalty of perjury, that the information provided above
is true and correct to the best of my information and belief.
Dated: MARCH 28, 2005 /s/ Robert E. Belts
------------------------------------
Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- --------------
Title Phone
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs February
(Allocation of Corporate Costs to Filing Entities)
(000's)
[Download Table]
February
--------
Officer Compensation $ 189
Salary Expense other Employees 1,075
Employee Benefits and Pension 92
Payroll Taxes 67
Other Taxes (2)
Rent and Lease Expense 184
Interest Expense
Insurance 36
Automobile and Truck Expense 12
Utilities(Gas Electric,Phone) 33
Depreciation 73
Travel and Entertainment 55
Repairs and Maintenance (3)
Advertising/Promotion 0
Supplies, Office Expense 33
OTHER:
Contributions 0
Professional Fees - Audit/Tax 269
Bank Fees 11
Public Reporting Fees 16
Employee Relocation/Training 24
Data Processing 31
Dues and Subscriptions 20
Outside Services 111
Project Development Costs net of Billings (56)
Director Fees 25
Miscellaneous 33
Legal Fees 29
Cost Allocation - Europe (78)
Cost Allocation - Out (219)
--------
$ 2,060
========
Note: In 2005, Professional fees related to the bankruptcy restructuring have
been reclassified to non-operating expense (Other Income/expense). In
February, the expense was $2,800,000.
Allocation:
[Download Table]
Wagner Castings 191
Northern Castings 49
Ironton Iron 0
Lynchburg Foundry 193
Columbus Foundry 313
Wagner Havana 0
Intermet U.S. Holdings 259
Cast-Matic Corp. 82
Diversified Diemakers 257
Ganton Technologies 168
Tool Products 137
Corporate 411
--------
Total $ 2,060
========
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: FEBRUARY 28, 2005
The following information is to be provided for each shareholder,
officer, director, manager, insider, or owner that is employed by the debtor in
possession. (Attach additional pages if necessary.)
Name: SUDBURY, INC. Capacity: ___ Shareholder
Case Number: 04-67613 ___ Officer
___ Director
___ Insider
MANAGEMENT AND OTHER INSIDER COMPENSATION ARE MAINTAINED AT INTERMET CORPORATION. PLEASE SEE INTERMET CORPORATION (CASE #04-67597) FOR ALL INSIDER COMPENSATION/PAYMENTS.
CURRENT COMPENSATION PAID: Weekly or Monthly
_______ _______
CURRENT BENEFITS PAID: Weekly or Monthly
Health Insurance _______ _______
Life Insurance _______ _______
Retirement _______ _______
Company Vehicle _______ _______
Entertainment _______ _______
Travel _______ _______
Other Benefits _______ _______
Total Benefits _______ _______
CURRENT OTHER BENEFITS PAID: Weekly or Monthly
Rent Paid _______ _______
Loans _______ _______
Other (Describe) _______ _______
Other (Describe) _______ _______
Other (Describe) _______ _______
Total Other Payments _______ _______
CURRENT TOTAL OF ALL PAYMENTS: Weekly or Monthly
_______ $ 0
Dated: MARCH 28, 2005 ________________________________________
Principal, Officer, Director, or Insider
Form 6
Sudbury, Inc.
Case Number: 04-67613
Intermet Corporation and Subsidiaries
Schedule of In-Force Insurance
[Download Table]
INSURANCE TYPE CARRIER POLICY PERIOD
-------------- ------- ---------------
Property Lloyds 11/1/04-11/1/05
Boiler/Machine Hartford 11/1/04-11/1/05
Cargo Fireman's Fund 11/1/04-11/1/05
Truck Cargo Fireman's Fund 11/1/04-11/1/05
Aviation USAIG 11/1/04-11/1/05
Fiduciary St. Paul 11/1/04-11/1/05
Primary D&O St. Paul 11/1/04-11/1/05
Excess D&O Chubb 11/1/04-11/1/05
Excess D&O Platte River 11/1/04-11/1/05
Crime AIG 12/1/04-12/1/05
General Liability ACE 12/22/04-12/22/05
Umbrella National Union 12/22/04-12/22/05
Workers' Comp ACE 12/22/04-6/22/05
Excess Workers' Comp ACE 12/22/04-12/22/05
Auto ACE 12/22/04-12/22/05
Foreign (DIC) ACE 12/22/04-12/22/05
Note: This list does not include In-Force Insurance for Foreign Subsidiaries.
UNITED STATES BANKRUPTCY COURTFOR THE EASTERN DISTRICT OF MICHIGANTRANSMITTAL OF FINANCIAL REPORTS ANDCERTIFICATION OF COMPLIANCE WITH UNITED STATES TRUSTEEOPERATING REQUIREMENTS FOR THE PERIOD ENDED FEBRUARY 28, 2005:IN RE: ) INTERMET CORPORATION, ET AL ) CASE NO: 04-67602
) Chapter 11
) Judge: Marci B. McIvor
SUDM, INC. )
Debtor )
As debtor in possession, I affirm:
1. That I have reviewed the financial statements attached hereto, consisting of:
X Operating Statement (Form 2)
X Balance Sheet (Form 3)
X Summary of Operations (Form 4)
X Monthly Cash Statement (Form 5)
X Statement of Compensation (Form 6)
X Schedule of In-Force Insurance (Form 7)
and that they have been prepared in accordance with normal and customary
accounting practices, and fairly and accurately reflect the debtor's financial
activity for the period stated;
2. That the insurance, including workers' compensation and unemployment
insurance, as described in Section 5 of the Operating Instructions and Reporting
Requirements For Chapter 11 Cases is in effect; and,
(if not, attach written explanation)
YES [X] NO [ ]
3. That all post-petition taxes as described in Section 9 of the Operating
Instructions and Reporting Requirements For Chapter 11 cases are current.
(If not, attach written explanation)
YES [X] NO [ ]
4. No professional fees (attorney, accountant, etc.) have been paid without
specific court authorization.
(If not, attach a written explanation)
YES [X] NO [ ]
5. All United States Trustee Quarterly fees have been paid and are current
YES [X] NO [ ]
6. Have you filed your pre-petition tax returns.
(If not, attach a written explanation)
YES [X] NO [ ]
I hereby certify, under penalty of perjury, that the information provided above
is true and correct to the best of my information and belief.
Dated: MARCH 28, 2005 /s/ Robert E. Belts
-----------------------------------------
Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- --------------
Title Phone
UNITED STATES BANKRUPTCY COURTFOR THE EASTERN DISTRICT OF MICHIGANIN RE: SUDM, INC. CASE NO. 04-67602
All activity for SUDM, Inc. is reported in the consolidated Columbus
Foundry operating report (Case #04- 67609).
MONTHLY CASH STATEMENT
Period Ending: FEBRUARY 28, 2005 SUDM, INC.
Case Number: 04-67602
CASH ACTIVITY ANALYSIS (CASH BASIS ONLY):
[Download Table]
General Payroll Tax Cash Coll. Petty Cash
Acct. Acct. Acct. Acct. Acct.
A. Beginning Balance _____ _____ _____ _____ _____
B. Receipts _____ _____ _____ _____ _____
(Attach separate schedule)
C. Balance Available _____ _____ _____ _____ _____
(A+B)
D. Less Disbursements _____ _____ _____ _____ _____
(Attach separate schedule)
E. Ending Balance ALL ACTIVITY FOR SUDM, INC. IS REPORTED IN THE CONSOLIDATED
(C-D) COLUMBUS FOUNDRY OPERATING REPORT (CASE #04-67609). (PLEASE ATTACH COPIES OF MOST RECENT RECONCILED BANK STATEMENTS FROM EACH ACCOUNT)
General Account:
1. Depository Name & Location _____________________________
2. Account Number _____________________________
Payroll Account:
1. Depository Name & Location _____________________________
2. Account Number _____________________________
Tax Account:
1. Depository Name & Location _____________________________
2. Account Number _____________________________
Other monies on hand (specify type and location) i.e., CD's, bonds, etc.:
_____________________________________________________________________________
_____________________________________________________________________________
Date: MARCH 28, 2005 _____________________________
Debtor in Possession
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: FEBRUARY 28, 2005
The following information is to be provided for each shareholder, officer,
director, manager, insider, or owner that is employed by the debtor in
possession. (Attach additional pages if necessary.)
Name: SUDM, INC. Capacity: ___ Shareholder
Case Number: 04-67602 ___ Officer
___ Director
___ Insider
MANAGEMENT AND OTHER INSIDER COMPENSATION ARE MAINTAINED AT INTERMET CORPORATION. PLEASE SEE INTERMET CORPORATION (CASE #04-67597) FOR ALL INSIDER COMPENSATION/PAYMENTS.
[Download Table]
Current Compensation Paid: Weekly or Monthly
_______ ________
Current Benefits Paid: Weekly or Monthly
Health Insurance _______ _______
Life Insurance _______ _______
Retirement _______ _______
Company Vehicle _______ _______
Entertainment _______ _______
Travel _______ _______
Other Benefits _______ _______
Total Benefits _______ _______
CURRENT OTHER BENEFITS PAID: Weekly or Monthly
Rent Paid _______ _______
Loans _______ _______
Other (Describe) _______ _______
Other (Describe) _______ _______
Other (Describe) _______ _______
Total Other Payments _______ _______
CURRENT TOTAL OF ALL PAYMENTS: Weekly or Monthly
_______ $0
Dated: MARCH 28, 2005 ___________________________________________
PRINCIPAL, OFFICER, DIRECTOR, OR INSIDER
SUDM, Inc.
Case Number: 04-67602
Intermet Corporation and Subsidiaries
Schedule of In-Force Insurance
INSURANCE TYPE CARRIER POLICY PERIOD
-------------- ------- -------------
Property Lloyds 11/1/04-11/1/05
Boiler/Machine Hartford 11/1/04-11/1/05
Cargo Fireman's Fund 11/1/04-11/1/05
Truck Cargo Fireman's Fund 11/1/04-11/1/05
Aviation USAIG 11/1/04-11/1/05
Fiduciary St. Paul 11/1/04-11/1/05
Primary D&O St. Paul 11/1/04-11/1/05
Excess D&O Chubb 11/1/04-11/1/05
Excess D&O Platte River 11/1/04-11/1/05
Crime AIG 12/1/04-12/1/05
General Liability ACE 12/22/04-12/22/05
Umbrella National Union 12/22/04-12/22/05
Workers' Comp ACE 12/22/04-6/22/05
Excess Workers' Comp ACE 12/22/04-12/22/05
Auto ACE 12/22/04-12/22/05
Foreign (DIC) ACE 12/22/04-12/22/05
Note: This list does not include In-Force Insurance for Foreign Subsidiaries.
UNITED STATES BANKRUPTCY COURTFOR THE EASTERN DISTRICT OF MICHIGANTRANSMITTAL OF FINANCIAL REPORTS ANDCERTIFICATION OF COMPLIANCE WITH UNITED STATES TRUSTEEOPERATING REQUIREMENTS FOR THE PERIOD ENDED FEBRUARY 28, 2005:IN RE: ) INTERMET CORPORATION, ET AL ) CASE NO: 04-67610
) Chapter 11
) Judge: Marci B. McIvor
TOOL PRODUCTS, INC. )
Debtor )
As debtor in possession, I affirm:
1. That I have reviewed the financial statements attached hereto, consisting of:
X Operating Statement (Form 2)
X Balance Sheet (Form 3)
X Summary of Operations (Form 4)
X Monthly Cash Statement (Form 5)
X Statement of Compensation (Form 6)
X Schedule of In-Force Insurance (Form 7)
and that they have been prepared in accordance with normal and customary
accounting practices, and fairly and accurately reflect the debtor's financial
activity for the period stated;
2. That the insurance, including workers' compensation and unemployment
insurance, as described in Section 5 of the Operating Instructions and Reporting
Requirements For Chapter 11 Cases is in effect; and,
(if not, attach written explanation)
YES [X] NO [ ]
3. That all post-petition taxes as described in Section 9 of the Operating
Instructions and Reporting Requirements For Chapter 11 cases are current.
(If not, attach written explanation)
YES [X] NO [ ]
4. No professional fees (attorney, accountant, etc.) have been paid without
specific court authorization.
(If not, attach a written explanation)
YES [X] NO [ ]
5. All United States Trustee Quarterly fees have been paid and are current
YES [X] NO [ ]
6. Have you filed your pre-petition tax returns.
(If not, attach a written explanation)
YES [X] NO [ ]
I hereby certify, under penalty of perjury, that the information provided above
is true and correct to the best of my information and belief.
Dated: MARCH 28, 2005 /s/Robert E. Belts
--------------------------------------
Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- -----------------
Title Phone
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs February
(Allocation of Corporate Costs to Filing Entities)
(000's)
[Download Table]
February
------------
Officer Compensation $ 189
Salary Expense other Employees 1,075
Employee Benefits and Pension 92
Payroll Taxes 67
Other Taxes (2)
Rent and Lease Expense 184
Interest Expense
Insurance 36
Automobile and Truck Expense 12
Utilities(Gas Electric,Phone) 33
Depreciation 73
Travel and Entertainment 55
Repairs and Maintenance (3)
Advertising/Promotion 0
Supplies, Office Expense 33
OTHER:
Contributions 0
Professional Fees - Audit/Tax 269
Bank Fees 11
Public Reporting Fees 16
Employee Relocation/Training 24
Data Processing 31
Dues and Subscriptions 20
Outside Services 111
Project Development Costs net of Billings (56)
Director Fees 25
Miscellaneous 33
Legal Fees 29
Cost Allocation - Europe (78)
Cost Allocation - Out (219)
-------
$ 2,060
=======
Note: In 2005, Professional fees related to the bankruptcy restructuring have
been reclassified to non-operating expense (Other Income/expense). In
February, the expense was $2,800,000.
Allocation:
[Download Table]
Wagner Castings 191
Northern Castings 49
Ironton Iron 0
Lynchburg Foundry 193
Columbus Foundry 313
Wagner Havana 0
Intermet U.S. Holdings 259
Cast-Matic Corp. 82
Diversified Diemakers 257
Ganton Technologies 168
Tool Products 137
Corporate 411
-------
Total $ 2,060
=======
TOOL PRODUCTS, INC. (JACKSON) CASE NO. 04-67610
CASH DISBURSEMENTS FEBRUARY 2005
[Download Table]
VENDOR TOTAL DISBURSEMENTS
---------------------------------------- -------------------
AAA PLUMBING & ELECTRICAL $ 368.20 ADHESIVE LABEL 449.89 ADVANTAGE ENGINEERING INC. 699.90 AH ASSOCIATES 3,200.00 AIR DRAULICS ENGINEERING CO 4,178.54 AIRGAS SOUTH 3,722.68 ALCHEM ALUMINUM, INC. 380,464.22 ALPHA RESOURCES INC 92.32 ALUAR 299,291.68 AMCOR 270.00 AMERICAN RED CROSS 320.00 APPLIED INDUSTRIAL TECH 73.88 APPLIED SCALE TECHNOLOGY 160.00 APRIL PRICE 157.35 AVAYA 445.00 A-Z OFFICE RESOURCES, INC. 631.39 B & B FIRE PROTECTION 308.63 B & B TOOL AND DIE COMPANY INC 18,000.00 BELLSOUTH 1,887.69 BERTELKAMP AUTOMATION, INC. 36.10 BLUFF CITY ELECTRONICS 404.35 BOB FULGHAM 212.72 BROWN & SHARPE MSD 1,800.00 BUHLER INC 15,457.41 CANON FINANCIAL SERVICES, INC. 389.61 CHAPTER 13 TRUSTEE 5,053.79 CHEM TREND INCORPORATED 26,508.40 CHEM-DRY 289.00 CITY OF JACKSON 1,093.73 COMPRESSORS & TOOLS, INC. 2,042.62 CONTRA COSTA 380.00
cts 800.00
D M E CORP 1,410.70 DANKA INDUSTRIES INC 579.93 DAVE CLARK 310.08 DIECO TOOL & DIE 11,145.00 DIEMER ASSOCIATES INC 958.24 DIMETEK INTERNATIONAL INC 1,080.00 EAGLE WAREHOUSE & DIST. 4,800.00 ENGINEERED PRODUCTS DIVIS 5,626.28 ESTES EXPRESS LINES 1,153.57 FAIRFIELD INN 135.42 FERRELL GAS 543.72 FLOZONE SERVICES INC 1,826.45 FLUID POWER OF MEMPHIS 3,117.97 FORBERG SCIENTIFIC 774.47 FRANKLIN ELECTROFLUID CO 153.55 FREEMAN MFG & SUPPLY 412.36 FUGITT RUBBER AND SUPPLY CO 3,769.99 G & H INDUSTRIES 583.46 GENERAL SESSIONS COURT 493.59 GESSWEIN 190.84
TOOL PRODUCTS, INC. (JACKSON) CASE NO. 04-67610
CASH DISBURSEMENTS FEBRUARY 2005
[Download Table]
VENDOR TOTAL DISBURSEMENTS
---------------------------------------- -------------------
GOLDEN KEY REALTORS 650.00 GOODRICH TOOL & SUPPLY 451.14 GORDON PETERS 2,486.07 GRAVES METAL PRODUCTS, INC. 1,816.39 GRIFFIN TOOL 10,733.34 H C I SUPPLY INC. 14,190.12 HI TEMP PRODUCTS INC 10,583.35 I SQUARED R ELEMENT CO., INC. 1,858.80 INDEPENDENT COMPUTER SVC 152.06 INDUSTRIAL FIREBRICK WAREHOUSE 1,500.14 JACKSON COMMUNICATIONS 378.64 JACKSON ENERGY AUTHORITY 106,466.63 JIT FORMS 146.51 JONES, GRADY W.-CO. OF MEMPHIS 589.30 KENT RUDBECK 480.00 L & S PRECISION TOOL 6,050.00 L&H SUPPLY CO INC 5,541.00 LOWE'S COMPANIES 215.24 M.C. GATLIN 118.49
Machine Tool & Supply (JKSN) 2,987.04
MACK PEST CONTROL 140.00 MADISON FINISHING INC 43,692.05 MARTIN INDUSTRIAL 4,226.02 MCMASTER CARR SUPPLY CO 4,502.24 MEDICAL CENTER LABORATORY 146.72 METALLICS SYSTEMS CO. L.P. 491.46 MIDVALE INDUSTRIES INC 4,920.50 MN CHILD SUPPORT PMT CTR 168.65 MTRONICS.COM INCORPORATED 114,148.96 MULLER OPTICAL CO 70.07 NORTHSIDE MEDICAL CLINC 312.00 OFFICE DEPOT 64.61 PARAMOUNT UNIFORM RENTAL 2,083.12 PAT WALKER PETTY CASH 703.15 PAUL RECK 159.59 PAYROLL ISSUANCE (INCLUDES WIRES BY CORP 395,939.11 PENNSYLVANIA STATE CHILD SUPPORT 535.40 PRECISION MACH PRODUCTS 63,684.87 PRINCE MACHINE 675.12 PYROTEK, INC. 24,923.44 RAMON AYALA DELGADO 1,660.03 RIMROCK CORP 12,709.36 SHERRY CHURCH 109.99 SIDNEY DAVID FLORIST & GIFT 32.93 SPAN AMERICA INC 27,119.05 SPECTRO ALLOYS CORP 35,887.50 SPECTRUM FINISHING 5,451.80 SPRINT 266.47
State of Tennessee 2,400.00
STRIKO DYNARAD CORPORATION 1,109.97 TEC ENVIRONMENTAL LABORATORIES 675.00 TENNANT 1,000.00
TOOL PRODUCTS, INC. (JACKSON) CASE NO. 04-67610
CASH DISBURSEMENTS FEBRUARY 2005
[Download Table]
VENDOR TOTAL DISBURSEMENTS
---------------------------------------- -------------------
TENNESSEE CHILD SUPPORT 4,876.58 TEST EQUIPMENT DISTRIBUTORS 3,258.17 THE ROYAL GROUP 7,202.58 TRANSMAN 36,158.62 UNITED SAW AND SUPPLY CO 211.00 VERIZON WIRELESS 429.82 WEST TENNESSEE COFFEE SERVICE 615.94 WILMA ALLEN 31,469.00 ZYP COATINGS INC. 1,029.00
----------------
$ 1,810,908.87
TOOL PRODUCTS, INC. CASE NO. 04-67610 AT 2/28/05 JACKSON - BANK RECONCILIATION
[Download Table]
Bank Balance $ -
Actual Outstanding Checks 250,306.66
Unadjusted GL Balance 250,306.66
-----------
Difference $ -
===========
TOOL PRODUCTS, INC. (MINNEAPOLIS) CASE NO. 04-67610 CASH DISBURSEMENTS FEBRUARY 2005
[Download Table]
Vendor Total Disbursements
------ -------------------
A FINKL & SONS CO $ 40,962.51
A&C METALS-SAWING INC 1,053.98
ABRASIVE SPECIALISTS 1,443.30
ADHESIVE LABEL COMPANY 357.80
ADVANTAGE ENG. 319.40
AIR ENGINEERING & SUPPLY 119.30
AIR POWER EQUIPMENT CORP 2,195.76
AIRPORT & AIRLINE TAXI-CAB 52.00
AIRTEC INC. 837.24
ALERT FIRE & SAFETY COMPANY 290.39
APPLIED PRODUCTS, INC. 482.25
ARROW CRYOGENICS 17,637.17
ASSOCIATED BAG COMPANY 842.94
AT&T 182.91
AVTEC FINISHING SYSTEMS,INC. 1,312.57
BARNES DISTRIBUTION 54.76
BEES INDUSTRIAL SERVICES 500.60
BEST SOFTWARE, INC. 3,164.52
BOHLER UDDEHOLM CORP. 96,801.76
BOYER FORD 359.23
BRAAS COMPANY 458.42
BROWNING & FERRIS 737.28
BUHLER INC 13,191.04
C C DAY COMPANY 37.13
CARBON PRODUCT TECHNOLOGY 651.01
CAREFREE SERVICES INC. 3,086.23
CENTERPOINT ENERGY MARKETING 66,765.86
CENTRAL CONTAINER CORP 37,642.36
CERTIFIED POWER INC 896.05
CHEM TREND LIMITED PARTNERSHIP 33,363.32
CIMA TRANSPORTATION, INC. 491.00
CINDY MANCUSO 71.46
CITY OF NEW HOPE 5,141.02
COMMERCIAL SAW 47.25
COMMUNICATIONS UNLIMITED 127.80
CONCEPT MACHINE TOOL 201.71
CONSOLIDATED CONTAINER COMPANY 276.00
CROWLEY & ASSOCIATES 9,489.22
CROWN MARKING INC 109.09
CRUCIBLE SERVICE CENTERS 125.78
CULLIGAN METRO 142.00
DADANT & SONS, INC 345.06
DAVANNIS INC 66.80
DAVE ALEXANDER 34.77
DAVID OLSON SALES CO 597.00
DECO TOOL SUPPLY COMPANY 5,181.36
DEEP ROCK WATER COMPANY 140.58
DEPARTMENT OF SOCIAL SERVICES 150.44
DHL 2,298.12
DIEMER ASSOCIATES INC 15,425.65
DOMS INC 210.65
DOODY MECHANICAL SERVICE 3,255.50
DRIVER & VEHICLE SVCS 364.50
TOOL PRODUCTS, INC. (MINNEAPOLIS) CASE NO. 04-67610 CASH DISBURSEMENTS FEBRUARY 2005
[Download Table]
Vendor Total Disbursements
------ -------------------
DUNCAN COMPANY 1,604.75
DWAYNE VOSS 1,028.00
DYNAMEX 396.90
EDM SALES & SUPPLIES 12,604.06
EDP ENGINEERING GROUP 61,244.63
EFECTOR, INC 94.06
EMPLOYERS ASSC. 782.58
ENGINEERED PRODUCTS DIVIS 31,805.62
ENTEGEE/ADVANCE POSSIS 7,433.90
EXCEL 315.95
FAMILY SUPPORT PAYMENT CENTER 151.62
FASTENAL COMPANY 7,815.79
FED EX FREIGHT 249.33
FEDERAL CRANE & HOIST 1,500.00
FEDEX FREIGHT EAST 687.37
FERGUSON THRALL DISTRIBUTION 447.23
FERRELLGAS 1,363.75
FIFTH THIRD LEASING COMPANY 30,108.72
FIREBRICK ENGINEERING 3,710.70
FLAME METALS PROCESSING 225.00
FOUR SEASONS FLORAL & GIFTS 245.53
FRANCI AMES 511.59
FRED FROELICH 2,563.05
FREEDOM FINISHING 302.40
FRISBY P.M.C. 7,065.46
G.W. SMITH AND SONS INC 114.90
GARLANDS INC 262.08
GE CAPITAL FLEET SERVICES 364.50
GENERAL ELECTRIC CAPITAL 30,806.55
GERARD DUNNE 52.69
GLOBAL EXCHANGE SERVICES 119.26
GOODIN CO 833.36
H. R. PETERSON CO. 217.20
HARTFIEL COMPANY 314.57
HIGH CALIBER SERVICES 2,700.00
HILDRETH 7,773.75
HOLIDAY CREDIT OFFICE 1,271.70
HOSE/CONVEYORS INCORPORATED 1,284.94
IBM LIMITED SPECIAL BILLING 9.00
IMPRINT ENTERPRISES 953.24
INDUSTRIAL FLOOR MAINT 580.96
INDUSTRIAL HYDRAULIC SERVICE 4,022.52
INTERNET INC. 3,043.34
J & W INSTRUMENTS, INC. 2,199.04
J M GRIMSTAD 980.46
JEFF JOHNSON 8,609.88
JESCO INDUSTRIAL SUPPLIES 139.28
JESKA TECHNICAL SERVICE, INC 5,561.95
JIM SANDELL 82.72
JOHN HENRY FOSTER CO 2,726.56
KEVIN HEIMANN 1,153.75
KIRSTEN MULARKY 400.00
L & S SERVICES (prev antec) 2,030.63
TOOL PRODUCTS, INC. (MINNEAPOLIS) CASE NO. 04-67610 CASH DISBURSEMENTS FEBRUARY 2005
[Download Table]
Vendor Total Disbursements
------ -------------------
THOMAS ZAGER 557.67
TILSNER CARTON CO. 9,075.28
TOLL COMPANY 2,581.75
TOOL FABRICATION CORP 231.56
TOOLING ASSOCIATES 2,291.81
TOSHIBA MACHINE COMPANY 602.14
TOYOTA-LIFT OF MINNESOTA 594.62
TRANS-MAN LOGISTICS, INC. 61,129.19
TROUT ENTERPRISES, INC. 2,599.00
TRU-TONE FINISHING 5,055.00
TULL BEARINGS CO 529.01
TWIN CITY OPTICAL CO., INC. 144.26
TWIN PINES METROLOGY LTD. 1,214.00
ULINE SHIPPING SUPPLIES 653.00
UNITED ELECTRIC CORP 4,410.20
UNITED STATES TREASURY 100.00
UNUM LIFE INS. CO. OF AMERICA 8,841.82
UNUM LIFE INS. CO. OF AMERICA 1,113.15
VALMONT/APPLIED COATING TECH. 6,107.46
VIKING ELECTRIC SUPPLY INC. 641.44
VOICE & DATA NETWORKS, INC 626.68
W W GRAINGER INC 2,980.24
WALTER HAMMOND CO 371.48
WESTMAN SERVICE 320.00
WEYERHAEUSER 40.00
WIRE WORX 1,275.00
WISCONSIN SCTF 202.00
XCEL ENERGY 57,533.37
XTREME MACHINE, INC. 10,500.00
PAYROLL DISBURSED (INCLUDES CORP PAYROLL) 739,868.56
--------------
$ 2,967,856.38
TOOL PRODUCTS, INC. CASE NO. 04-67610 AT 2/28/05 MINNEAPOLIS - BANK RECONCILIATION
[Download Table]
Bank Balance -
Actual Outstanding Checks $ 378,744.14
Miscellaneous Reconciling Items
Adjusted in March (13.72)
------------
378,730.42
Unadjusted GL Balance 378,730.42
------------
Difference $ -
============
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: FEBRUARY 28, 2005
The following information is to be provided for each shareholder, officer,
director, manager, insider, or owner that is employed by the debtor in
possession. (Attach additional pages if necessary.)
Name: TOOL PRODUCTS, INC. Capacity: ___ Shareholder
Case Number: 04-67610 ___ Officer
___ Director
___ Insider
MANAGEMENT AND OTHER INSIDER COMPENSATION ARE MAINTAINED AT INTERMET CORPORATION. PLEASE SEE INTERMET CORPORATION (CASE #04-67597) FOR ALL INSIDER COMPENSATION/PAYMENTS.
[Download Table]
CURRENT COMPENSATION PAID: Weekly or Monthly
_______ _______
CURRENT BENEFITS PAID: Weekly or Monthly
Health Insurance _______ _______
Life Insurance _______ _______
Retirement _______ _______
Company Vehicle _______ _______
Entertainment _______ _______
Travel _______ _______
Other Benefits _______ _______
Total Benefits _______ _______
CURRENT OTHER BENEFITS PAID: Weekly or Monthly
Rent Paid _______ _______
Loans _______ _______
Other (Describe) _______ _______
Other (Describe) _______ _______
Other (Describe) _______ _______
Total Other Payments _______ _______
CURRENT TOTAL OF ALL PAYMENTS: Weekly or Monthly
_______ $0
Dated: MARCH 28, 2005 _________________________________________
PRINCIPAL, OFFICER, DIRECTOR, OR INSIDER
Tool Products, Inc.
Case Number: 04-67610
Intermet Corporation and Subsidiaries
Schedule of In-Force Insurance
[Download Table]
INSURANCE TYPE CARRIER POLICY PERIOD
-------------- ------- -------------
Property Lloyds 11/1/04-11/1/05
Boiler/Machine Hartford 11/1/04-11/1/05
Cargo Fireman's Fund 11/1/04-11/1/05
Truck Cargo Fireman's Fund 11/1/04-11/1/05
Aviation USAIG 11/1/04-11/1/05
Fiduciary St. Paul 11/1/04-11/1/05
Primary D&O St. Paul 11/1/04-11/1/05
Excess D&O Chubb 11/1/04-11/1/05
Excess D&O Platte River 11/1/04-11/1/05
Crime AIG 12/1/04-12/1/05
General Liability ACE 12/22/04-12/22/05
Umbrella National Union 12/22/04-12/22/05
Workers' Comp ACE 12/22/04-6/22/05
Excess Workers' Comp ACE 12/22/04-12/22/05
Auto ACE 12/22/04-12/22/05
Foreign (DIC) ACE 12/22/04-12/22/05
Note: This list does not include In-Force Insurance for Foreign Subsidiaries.
UNITED STATES BANKRUPTCY COURTFOR THE EASTERN DISTRICT OF MICHIGANTRANSMITTAL OF FINANCIAL REPORTS ANDCERTIFICATION OF COMPLIANCE WITH UNITED STATES TRUSTEEOPERATING REQUIREMENTS FOR THE PERIOD ENDED FEBRUARY 28, 2005:IN RE: ) INTERMET CORPORATION, ET AL ) CASE NO: 04-67614
) Chapter 11
) Judge: Marci B. McIvor
WAGNER CASTINGS CO. )
Debtor )
As debtor in possession, I affirm:
1. That I have reviewed the financial statements attached hereto, consisting of:
X Operating Statement (Form 2)
X Balance Sheet (Form 3)
X Summary of Operations (Form 4)
X Monthly Cash Statement (Form 5)
X Statement of Compensation (Form 6)
X Schedule of In-Force Insurance (Form 7)
and that they have been prepared in accordance with normal and customary
accounting practices, and fairly and accurately reflect the debtor's financial
activity for the period stated;
2. That the insurance, including workers' compensation and unemployment
insurance, as described in Section 5 of the Operating Instructions and Reporting
Requirements For Chapter 11 Cases is in effect; and,
(if not, attach written explanation)
YES [X] NO [ ]
3. That all post-petition taxes as described in Section 9 of the Operating
Instructions and Reporting Requirements For Chapter 11 cases are current.
(If not, attach written explanation)
YES [X] NO [ ]
4. No professional fees (attorney, accountant, etc.) have been paid without
specific court authorization.
(If not, attach a written explanation)
YES [X] NO [ ]
5. All United States Trustee Quarterly fees have been paid and are current
YES [X] NO [ ]
6. Have you filed your pre-petition tax returns.
(If not, attach a written explanation)
YES [X] NO [ ]
I hereby certify, under penalty of perjury, that the information provided above
is true and correct to the best of my information and belief.
Dated: MARCH 28, 2005 /s/ Robert E. Belts
------------------------------------------
Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- ----------------
Title Phone
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs February
(Allocation of Corporate Costs to Filing Entities)
(000's)
[Download Table]
February
--------
Officer Compensation $ 189
Salary Expense other Employees 1,075
Employee Benefits and Pension 92
Payroll Taxes 67
Other Taxes (2)
Rent and Lease Expense 184
Interest Expense
Insurance 36
Automobile and Truck Expense 12
Utilities(Gas Electric,Phone) 33
Depreciation 73
Travel and Entertainment 55
Repairs and Maintenance (3)
Advertising/Promotion 0
Supplies, Office Expense 33
OTHER:
Contributions 0
Professional Fees - Audit/Tax 269
Bank Fees 11
Public Reporting Fees 16
Employee Relocation/Training 24
Data Processing 31
Dues and Subscriptions 20
Outside Services 111
Project Development Costs net of Billings (56)
Director Fees 25
Miscellaneous 33
Legal Fees 29
Cost Allocation - Europe (78)
Cost Allocation - Out (219)
--------
$ 2,060
========
Note: In 2005, Professional fees related to the bankruptcy restructuring have
been reclassified to non-operating expense (Other Income/expense). In
February, the expense was $2,800,000.
Allocation:
[Download Table]
Wagner Castings 191
Northern Castings 49
Ironton Iron 0
Lynchburg Foundry 193
Columbus Foundry 313
Wagner Havana 0
Intermet U.S. Holdings 259
Cast-Matic Corp. 82
Diversified Diemakers 257
Ganton Technologies 168
Tool Products 137
Corporate 411
------
Total $2,060
======
PERIOD ENDED: 2-28-05 WAGNER CASTINGS COMPANY CASE #04-67614
SCHEDULE OF POST-PETITION TAX LIABILITY
[Enlarge/Download Table]
Balance Balance
as of Accrued / Payments / as of
01-31-05 Withheld Deposits 02-28-05
--------- --------- ---------- --------
Income tax withheld: Federal ($13,038) ($ 98,857) $ 98,841 ($ 13,053)
Income tax withheld: State (4,098) (26,240) 26,132 (4,206)
Income tax withheld: Local 0 0 0 0
FICA Withheld (6,677) (70,421) 70,484 (6,614)
Employers FICA (25,986) (69,421) 70,484 (24,923)
Unemployment Tax: Federal (2,344) (5,872) 6,514 (1,702)
Unemployment Tax: State (27,763) (86,211) 93,223 (20,750)
All Other Payroll W/H (23,590) (78,928) 78,459 (24,059)
State Taxes: Inc./Sales/Use/Excise (82) (2) 82 (2)
Property Taxes (23,829) (6,000) 0 (29,829)
Workers Compensation 9,784 (53,076) 29,182 (14,110)
--------- ----------- ---------- ----------
Total ($117,622) ($ 495,027) $ 473,402 ($ 139,247)
Wages and Salaries (231,134) (972,144) 636,432 (566,846)
--------- ----------- ---------- ----------
Grand Total ($348,756) ($1,467,171) $1,109,833 ($ 706,094)
========= =========== ========== ==========
Aging of Accounts Receivable
and Post Petition Accounts Payable
[Enlarge/Download Table]
Age in Days Total 0-30 Days 30-60 Days Over 60 Days
Accounts Payable - Post Petition $ 842,089 748,024.20 94,064.95 -
Accounts Receivable -Pre & Post 9,418,035.96 7,641,725.35 556,432.92 1,219,877.69
WAGNER CASTINGS, INC. CASE NO. 04-67614
CASH DISBURSEMENTS FEBRUARY 2005
[Download Table]
VENDOR TOTAL DISBURSEMENTS
------ -------------------
A D BROOKS $ 440.00 ABB INC (32,540.19) ADA JACKSON 440.00 ADVANCED CARBIDE TOOL 1,479.85 AETNA US HEALTHCARE 16,534.27 AIR LIQUIED INDUSTRIAL US LP 10,122.84 ALLIED ELECTRONICS INC 94.47 ALLIED MINERAL PRODUCTS INC 40,849.87 AMERENIP $ 260,105.44 AMERICASH LOANS LLC 472.92 ANN ROYER 20.00 APPLIED PROCESS INC 13,519.93 ARAMARK UNIFORM SERVICES INC 3,236.22 ARCH WIRELESS 1,125.89 ARCHIE JOHNSON 440.00 ARTHUR G BYRNE CO INC 8,286.93 AT&T 1,410.45 BARBARA LEE 440.00 BEARING DISTRIBUTORS INC 41,777.95 BENTONITE PERFORMANCE MINERALS 53,620.00 BETTY HAMILTON 440.00 BLACK & CO #11 9,205.74 BODINE ELECTRIC OF DECATUR 1,704.01 BODINE ENVIRONMENTAL SERVICE 1,700.10 BODINE SERVICES INC 225.00 BOULEVARD PROPERTIES LLC 856.25 BOWMAN HEINTZ BOSCIA & VICIAN 0.08 BRUSKE PRODUCTS 218.22 BUEL COLE 440.00 BURDICK PLUMBING INC 6,264.44 BUSCHE ENTERPRISE DIVN INC 141,262.72 C A PICARD SURFACE ENG INC 20,018.54 C C FIRE EQUIPMENT CO INC 2,077.50 C H ROBINSON INC 621.25 CAPITAL CITY PAPER CO 458.58 CARLIN AUTOMATION INC 191.23 CARRIER VIBRATING EQUIPMENT 3,250.77 CATTRON THEIMEG INC 15.24 CENT IL EMER PHYS LLP ST MARY 450.00 CENT ILL EMER PHYS LLPOST MARY 282.00 CENTRAL IL ANESTHESIA 1,152.00 CENTRAL STEEL & WIRE CO 315.10 CHAMBER OF COMMERCE 1,110.00 CHAMPION CHISEL WORKS INC 3,146.28 CHARLES BEDFORD OD/DEC EYECARE 345.00 CHRIS INCORPORATED 1,250.00 CHRISTY-FOLTZ INC 1,597.72
WAGNER CASTINGS, INC. CASE NO. 04-67614
CASH DISBURSEMENTS FEBRUARY 2005
[Download Table]
VENDOR TOTAL DISBURSEMENTS
------ -------------------
CINGULAR WIRELESS 18.34 CITY OF DECATUR 8,727.82 CLIMATE CONTROL 83,629.84 COLUMBIA MARKING TOOLS 489.95 COLUMBUS MCKINNON CORP 9,002.20 CONNOR CO 304.71 CONTINENTAL CARBONIC PROD INC 289.12 CONWAY CENTRAL EXPRESS 339.87 DAVID JOSEPH CO (263,496.01) CRANE PRO PARTS/PMI 3,471.71 CRI RECYCLING 1,000.00 CROWN PACKAGING CORP 9,504.00 DAMON LEE 440.00 DAUBER COMPANY 28,896.00 DAVID A DENTON 250.00 DAVID RIGHTNOWAR 440.00 DCD TRANSPORTATION INC 520.25 DE LAGE LANDEN FIN SERVICES 1,965.00 DECATUR HEALTHCARE LLC 4,012.49 DECATUR INDUSTRIAL ELECTRIC 979.08 DECATUR MACHINE & TOOL CO 1,048.32 DECATUR MEMORIAL HOSPITAL 333.00 DHL EXPRESS 40.64 DISA GOFF INC 3,671.65 DISA INDUSTRIES INC 23,832.70 DIVISION OF MANAGEMENT SERVICE 350.00 DONALD SCHELL 440.00 DONNELLY AUTOMOTIVE MACH INC 671.16 DORSEY PIRTLE 440.00 EAGLITE CHEMICAL INC 12,025.00 EDMUND IND. OPTICS 650.00 ELECTRO-NITE CO 983.28 ELKEM METALS INC 73,822.50 ENBRIDGE GAS SERVICES 70,523.37 ENGINEERED TOOLING DIV 23,927.04 ENGLEWOOD 1,825.65 FAMILY SUPPORT PAYMENT CENTER 297.08 FEDEX 809.67 FIVE MORRS 314.50 FOSECO INC 5,028.48 FRANK MATTHEWS 440.00 FRANK REED 440.00 FRISBY PMC 222,613.51 G E CAPITAL 2,017.00 G G BARNETT TRANSPORT INC 3,225.19 GARD SPECIALISTS CO INC 165.82 GE CAPITAL 706.22
WAGNER CASTINGS, INC. CASE NO. 04-67614
CASH DISBURSEMENTS FEBRUARY 2005
[Download Table]
VENDOR TOTAL DISBURSEMENTS
------ -------------------
GE INSPECTION TECHNOLOGIES 3,067.00 GENERAL KINEMATICS CORP 261.52 GERDAU AMERISTEEL 2,670.00 GLENN PIERSON 1,260.88 GLENN ZILLS 640.00 GRAINGER INC 259.73 GULLY TRANSPORTATION 4,594.85 HA INTERNATIONAL LLC 23,186.24 HAGERTY BROTHERS CO 5,146.29 HARRY BOND 440.00 HARRY E HILLS & ASSOC 4,673.90 HASLER INC 218.50 HAWTHORN IND/JAMES J MAY 508.32 HILLS SPORTS MEDICINE 859.00 HI-TEMP INC 1,075.31 HOLTGRIEVE & CO 3,562.67 HTE TECHNOLOGIES 553.24 IL INDUSTRIAL COMMISSION 420.39 ILL STUDENT ASSISTANCE COMM 91.97 ILLINOIS DEPT OF REVENUE 271.28 INDUSTRIAL PROCESS EQUIPMENT 2,492.70 INNOVATIVE LABELING SOLUTIONS 469.44 INTERNAL REVENUE SERVICE 1,010.00 IVORY CURRY 440.00 J C JELKS 440.00 J.D. FINLEY 440.00 JAMES GAVIN 440.00 JAMES JONES 669.16 JAMES REED 440.00 JEFF COCHRAN 139.07 JEFF PYATT 700.00 JER INDUSTRIAL SERVICES LLC 1,707.47 JERRY SHERWOOD 440.00 JOHN BAKER 500.00 JOHN C KEFALAS MDSC 2,617.04 JOHN H GERMERAAD - TRUSTEE 1,953.25 KANSAS PAYMENT CENTER 276.92 KEN BUCKELY 440.55 KENT RUDBECK 310.92 KING-LAR CO 12,167.37 KIRBY RISK CORP 2,135.34 KOPETZ MFG INC 5,485.00 L & N INDUSTRIES INC 3,680.51 LAND OF LINCOLN CREDIT UNION 53,707.44 LARPEN METALLURGICAL SERVICE 54,783.00 LARRY BONNELL 440.00 LARRY HAYES 440.00
WAGNER CASTINGS, INC. CASE NO. 04-67614
CASH DISBURSEMENTS FEBRUARY 2005
[Download Table]
VENDOR TOTAL DISBURSEMENTS
------ -------------------
LARRY TURPIN AND 5,000.00 LEADING EDGE ENTERPRISES INC 34,330.00 LEVOY REED 440.00 LINCO REFRACTORY SUPPLY INC 6,648.00 LOCAL #6-728 PACE 6,333.08 LOUIS THOMAS 440.00 LYNN ZASADA 440.00 M H EQUIPMENT 441.76 M H EQUIPMENT CORP 1,873.37 MAC EQUIPMENT INC 1,216.00 MACIOROWSKI SACKMANN & ULRICH 5,707.10 MARTIN BRUMETT 761.51 MARVIN BRANDT 440.00 MARVIN KELLER TRUCKING 400.00 MCMASTER-CARR SUPPLY CO 1,272.20 MENNIE'S MACHINE CO 75,569.72 METOKOTE CORP 18,002.66 METRO METAL PRODUCTS INC 22,256.18 MICHAEL DELSIGNORE 1,174.75 MICHAEL HENEGHAN 535.58 MICRO TEK PATTERN INC 1,800.00 MID-STATE CARTAGE INC 327.00 MIDWEST CREDIT & COLLECTION 933.42 MORGAN DISTRIBUTING INC 8,676.33 MORGAN EXPRESS INC 43,273.53 MOTION INDUSTRIES INC 1,012.34 MTM INC 1,244.68 NATIONAL CITY BANK 18,305.82 NDS PRODUCTS 52.07 NIRMAL DATTA 128.00 NOBLE SALES INC 1,788.25 NORTH STAR IMAGING INC 3,326.85 OLSTEN STAFFING 450.50 OMNISOURCE FT WAYNE FERR DIV 1,156,494.25 ONYX WASTE SERVICES MIDWEST 40,312.28 OSBORNE'S MACHINE & 1,019.04 PAUL ALTHOFF 477.11 PECHINEY WORLD TRADE 32,540.19 PEERLESS METAL POWDERS 40,590.00 PEORIA DISPOSAL COMPANY 131.40 PERFECTION SERVO HYDRAULIC 2,731.04 PETRONOL CORP OF INDIANA 6,730.00 PHILLIP DANNEWITZ 440.00 POWER SUPPLY OF ILLINOIS 4,920.00 PRAIRIE IDEALEASE 1,449.00 PRECISION TOOL & DIE CO 1,465.00 PRIMETRADE 167,311.52
WAGNER CASTINGS, INC. CASE NO. 04-67614
CASH DISBURSEMENTS FEBRUARY 2005
[Download Table]
VENDOR TOTAL DISBURSEMENTS
------ -------------------
QUALITY ASSOCIATES 6,265.00 R D MCMILLEN ENTERPRISES 3,641.72 RADIOLOGICAL ASN OF DECATUR 380.00 RECORD COPY SERVICES 138.50 REFRACTORY SALES & SRV CO INC 5,752.00 RENEE HADDEN 228.49 RENTAL SERVICE CORP 1,366.80 RICHARD COLE 440.00 RICK WALLACE 635.12 ROBERT LOWRY 440.00 ROBERTS SINTO CORP 5,299.10 ROLAND MABRY 440.00 S J SMITH WELDING SUPPLY 14,708.05 SAFETY-KLEEN CORP 5,705.38 SAFEWORKS DECATUR 405.30 SAFEWORKS-COLES COUNTY 1,265.04 SAFEWORKS-ILLINOIS 241.50 SBC 1,393.76 SBC GLOBAL SERVICES INC 1,998.20 SECURITAS SEC SVCS USA INC 7,969.94 SHERMAN BAINE 440.00 SHERRI GRIMES 1,425.00 SIMPSON TECHNOLOGIES 20,100.00 SLIGO STEEL 892.50 SOPH TECH 2,489.00 SOURCE ONE SUPPLY CORP 575.80 SPECTRO ANALYTICAL INSTRMNTS 551.17 SPRINGFIELD ELECTRIC 4,608.35 ST MARY'S HOSPITAL 2,617.88 STEINER ELECTRIC 401.46 STONE CONTAINER CORP 15,406.68 STRIGLOS OFFICE EQUIPMENT 2,104.15 STUART BAKER MD 78.00 SUNBELT RENTALS 6,750.25 TEAM COOPERHEAT MQS 3,000.00 TENNECO AUTOMOTIVE 25,270.31 TERMINIX INTERNATIONAL 187.00 TEST EQUIPMENT DISTRIBUTORS 10,337.75 THOMAS H BOWDRE 440.00 THORNTON WELDING SERVICE INC 9,901.40 TOM DUNN 60.75 TORUS MACHINING 14,245.07 TRACY CAUSEY 71.64 TRANSMAN 42,576.42 TRAUSCH INSURANCE 100.00 TYCO VALVES AND CONTROLS 2,518.48 TYDUS GREEN 440.00
WAGNER CASTINGS, INC. CASE NO. 04-67614
CASH DISBURSEMENTS FEBRUARY 2005
[Download Table]
VENDOR TOTAL DISBURSEMENTS
------ -------------------
U S DEPARTMENT OF EDUCATION 316.07 U S HARDWOOD PRODUCTS 6,704.92 U S POSTAL SERVICE 3,000.00 UNION PLANTERS TRUST 5,800.00 UNION PLANTERS TRUST & INVEST 50.00 UNITED WAY OF DEC & MID-IL 1,164.00 UNITHERM FURNACE CORP 2,682.21 VERIZON WIRELESS 1,046.19 VESUVIUS USA 9,216.00 WABEL TOOL CO 84,276.79 WALLENDER-DEDMAN PRINTING 425.00 WALZ EQUIPMENT 3,273.11 WARD NORTH AMERICA INC 2,804.00 WATTS COPY SYSTEMS INC 1,152.42 WEDRON SILICA COMPANY 6,416.00 WHEELABRATOR 12,720.32 PAYROLL DISBURSED (INCLUDES CORP PAYMENTS) 750,475.69 WHITING CORP 1,652.00 WI SCTF 384.00 WIESE PLANNING & ENGR INC 201.64 WILKENS-ANDERSON CO 1,127.75 WILLIAM A KIBBE & ASSOC INC 2,295.00 WILLIAM WALKER 440.00 WILLIE LEE GREEN 440.00 WOOD PRINTING SERVICE 25.00 WORKING RX 17.31 WORLDWIDE FILTER 6,453.41 X-R-I TESTING DIV 10,250.50 YELLOW FREIGHT SYSTEM INC 164.70 ZEP MFG CO 322.64
--------------
$ 4,027,238.19
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: FEBRUARY 28, 2005
The following information is to be provided for each shareholder, officer,
director, manager, insider, or owner that is employed by the debtor in
possession. (Attach additional pages if necessary.)
Name: WAGNER CASTINGS CO. Capacity: ___ Shareholder
Case Number: 04-67614 ___ Officer
___ Director
___ Insider
MANAGEMENT AND OTHER INSIDER COMPENSATION ARE MAINTAINED AT INTERMET CORPORATION. PLEASE SEE INTERMET CORPORATION (CASE #04-67597) FOR ALL INSIDER COMPENSATION/PAYMENTS.
[Download Table]
CURRENT COMPENSATION PAID: Weekly or Monthly
______
CURRENT BENEFITS PAID: Weekly or Monthly
Health Insurance ______ _______
Life Insurance ______ _______
Retirement ______ _______
Company Vehicle ______ _______
Entertainment ______ _______
Travel ______ _______
Other Benefits ______ _______
Total Benefits ______ _______
CURRENT OTHER BENEFITS PAID: Weekly or Monthly
Rent Paid ______ _______
Loans ______ _______
Other (Describe) ______ _______
Other (Describe) ______ _______
Other (Describe) ______ _______
Total Other Payments ______ _______
CURRENT TOTAL OF ALL PAYMENTS: Weekly or Monthly
______ $ 0
Dated: MARCH 28, 2005 ________________________________________
PRINCIPAL, OFFICER, DIRECTOR, OR INSIDER
Form 6
Wagner Castings Co.
Case Number: 04-67614
Intermet Corporation and Subsidiaries
Schedule of In-Force Insurance
[Download Table]
INSURANCE TYPE CARRIER POLICY PERIOD
-------------- ------- -------------
Property Lloyds 11/1/04-11/1/05
Boiler/Machine Hartford 11/1/04-11/1/05
Cargo Fireman's Fund 11/1/04-11/1/05
Truck Cargo Fireman's Fund 11/1/04-11/1/05
Aviation USAIG 11/1/04-11/1/05
Fiduciary St. Paul 11/1/04-11/1/05
Primary D&O St. Paul 11/1/04-11/1/05
Excess D&O Chubb 11/1/04-11/1/05
Excess D&O Platte River 11/1/04-11/1/05
Crime AIG 12/1/04-12/1/05
General Liability ACE 12/22/04-12/22/05
Umbrella National Union 12/22/04-12/22/05
Workers' Comp ACE 12/22/04-6/22/05
Excess Workers' Comp ACE 12/22/04-12/22/05
Auto ACE 12/22/04-12/22/05
Foreign (DIC) ACE 12/22/04-12/22/05
Note: This list does not include In-Force Insurance for Foreign Subsidiaries.
UNITED STATES BANKRUPTCY COURTFOR THE EASTERN DISTRICT OF MICHIGANTRANSMITTAL OF FINANCIAL REPORTS ANDCERTIFICATION OF COMPLIANCE WITH UNITED STATES TRUSTEEOPERATING REQUIREMENTS FOR THE PERIOD ENDED FEBRUARY 28, 2005:IN RE: ) INTERMET CORPORATION, ET AL ) CASE NO: 04-67611
) Chapter 11
) Judge: Marci B. McIvor
WAGNER HAVANA, INC. )
Debtor )
As debtor in possession, I affirm:
1. That I have reviewed the financial statements attached hereto, consisting of:
X Operating Statement (Form 2)
X Balance Sheet (Form 3)
X Summary of Operations (Form 4)
X Monthly Cash Statement (Form 5)
X Statement of Compensation (Form 6)
X Schedule of In-Force Insurance (Form 7)
and that they have been prepared in accordance with normal and customary
accounting practices, and fairly and accurately reflect the debtor's financial
activity for the period stated;
2. That the insurance, including workers' compensation and unemployment
insurance, as described in Section 5 of the Operating Instructions and Reporting
Requirements For Chapter 11 Cases is in effect; and,
(if not, attach written explanation)
YES [X] NO [ ]
3. That all post-petition taxes as described in Section 9 of the Operating
Instructions and Reporting Requirements For Chapter 11 cases are current.
(If not, attach written explanation)
YES [X] NO [ ]
4. No professional fees (attorney, accountant, etc.) have been paid without
specific court authorization.
(If not, attach a written explanation)
YES [X] NO [ ]
5. All United States Trustee Quarterly fees have been paid and are current
YES [X] NO [ ]
6. Have you filed your pre-petition tax returns.
(If not, attach a written explanation)
YES [X] NO [ ]
I hereby certify, under penalty of perjury, that the information provided above
is true and correct to the best of my information and belief.
Dated: MARCH 28, 2005 /s/ Robert E. Belts
----------------------------------------
Debtor In Possession
Chief Financial Officer (248) 952-2500
----------------------- --------------
Title Phone
Intermet Corp and Subsidiaries Schedule 1
Corporate Selling, General and Administrative Costs February
(Allocation of Corporate Costs to Filing Entities)
(000's)
[Download Table]
February
--------
Officer Compensation $ 189
Salary Expense other Employees 1,075
Employee Benefits and Pension 92
Payroll Taxes 67
Other Taxes (2)
Rent and Lease Expense 184
Interest Expense
Insurance 36
Automobile and Truck Expense 12
Utilities(Gas Electric,Phone) 33
Depreciation 73
Travel and Entertainment 55
Repairs and Maintenance (3)
Advertising/Promotion 0
Supplies, Office Expense 33
OTHER:
Contributions 0
Professional Fees - Audit/Tax 269
Bank Fees 11
Public Reporting Fees 16
Employee Relocation/Training 24
Data Processing 31
Dues and Subscriptions 20
Outside Services 111
Project Development Costs net of Billings (56)
Director Fees 25
Miscellaneous 33
Legal Fees 29
Cost Allocation - Europe (78)
Cost Allocation - Out (219)
-------
$ 2,060
=======
Note: In 2005, Professional fees related to the bankruptcy restructuring have
been reclassified to non-operating expense (Other Income/expense). In
February, the expense was $2,800,000.
[Download Table]
Allocation:
Wagner Castings 191
Northern Castings 49
Ironton Iron 0
Lynchburg Foundry 193
Columbus Foundry 313
Wagner Havana 0
Intermet U.S. Holdings 259
Cast-Matic Corp. 82
Diversified Diemakers 257
Ganton Technologies 168
Tool Products 137
Corporate 411
------
Total $2,060
======
WAGNER HAVANA, INC. CASE NO. 04-67611 CASH DISBURSEMENTS FEBRUARY 2005
[Download Table]
VENDOR TOTAL DISBURSEMENTS
------ -------------------
AMERENCIPS (ELECTRIC) $ 5,598.74 BODINE SERVICES 3,460.10 CANTON RAIOLOGY SERV S 42.00 CITY OF HAVANA 9.42 ILL-MO PRODUCTS CO 13.18 MASON DISTRICT HOSPITAL 921.47 SAFEWORKS ILLINOIS 3,746.42 SECURITAS SECURITY SERV 8,361.36 SPRINGFIELD CLINIC 3,820.00 ST JOHNS HOSPITAL 147.52
----------
$26,120.21
MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS
Period Ending: FEBRUARY 28, 2005
The following information is to be provided for each shareholder, officer,
director, manager, insider, or owner that is employed by the debtor in
possession. (Attach additional pages if necessary.)
Name: WAGNER HAVANA, INC. Capacity: ___ Shareholder
Case Number: 04-67611 ___ Officer
___ Director
___ Insider
MANAGEMENT AND OTHER INSIDER COMPENSATION ARE MAINTAINED AT INTERMET CORPORATION. PLEASE SEE INTERMET CORPORATION (CASE #04-67597) FOR ALL INSIDER COMPENSATION/PAYMENTS.
[Download Table]
CURRENT COMPENSATION PAID: Weekly or Monthly
_______ _______
CURRENT BENEFITS PAID: Weekly or Monthly
Health Insurance _______ _______
Life Insurance _______ _______
Retirement _______ _______
Company Vehicle _______ _______
Entertainment _______ _______
Travel _______ _______
Other Benefits _______ _______
Total Benefits _______ _______
CURRENT OTHER BENEFITS PAID: Weekly or Monthly
Rent Paid _______ _______
Loans _______ _______
Other (Describe) _______ _______
Other (Describe) _______ _______
Other (Describe) _______ _______
Total Other Payments _______ _______
CURRENT TOTAL OF ALL PAYMENTS: Weekly or Monthly
_______ $ 0
Dated: MARCH 28, 2005 _________________________________________
PRINCIPAL, OFFICER, DIRECTOR, OR INSIDER
Form 6
Wagner Havana, Inc.
Case Number: 04-67611
Intermet Corporation and Subsidiaries
Schedule of In-Force Insurance
[Download Table]
INSURANCE TYPE CARRIER POLICY PERIOD
-------------------- -------------- -----------------
Property Lloyds 11/1/04-11/1/05
Boiler/Machine Hartford 11/1/04-11/1/05
Cargo Fireman's Fund 11/1/04-11/1/05
Truck Cargo Fireman's Fund 11/1/04-11/1/05
Aviation USAIG 11/1/04-11/1/05
Fiduciary St. Paul 11/1/04-11/1/05
Primary D&O St. Paul 11/1/04-11/1/05
Excess D&O Chubb 11/1/04-11/1/05
Excess D&O Platte River 11/1/04-11/1/05
Crime AIG 12/1/04-12/1/05
General Liability ACE 12/22/04-12/22/05
Umbrella National Union 12/22/04-12/22/05
Workers' Comp ACE 12/22/04-6/22/05
Excess Workers' Comp ACE 12/22/04-12/22/05
Auto ACE 12/22/04-12/22/05
Foreign (DIC) ACE 12/22/04-12/22/05
Note: This list does not include In-Force Insurance for Foreign Subsidiaries.
