Balance Sheet of Charys Holding Company, Inc. filed with the United States Bankruptcy Court, District of Delaware, on August 19, 2008, Case No. 08-10289
EX-10.6 7 ex10_6.htm EXHIBIT 10.6 ex10_17.htm
Exhibit 10.6
In re | CHARYS HOLDING COMPANY, INC | Case No. | 08-10289 (BLS) | |
Debtor | Reporting Period: | July 1 through 31 |
BALANCE SHEET
The Balance Sheet is to be completed on an accrual basis only. Pre-petition liabilities must be classified separately from post-petition obligations.
ASSETS | BOOK VALUE AT END OF CURRENT REPORTING MONTH | BOOK VALUE AT END OF PRIOR REPORTING MONTH | BOOK VALUE ON PETITION DATE OR SCHEDULED | ||||||||
CURRENT ASSETS | |||||||||||
Unrestricted cash and Equivalents | 284,015 | 6,450 | |||||||||
Accounts Receivable (Net) | 179,883,538 | 179,154,134 | |||||||||
Notes Receivable | |||||||||||
Inventories | |||||||||||
Prepaid Expenses | 68,043 | 11,326 | |||||||||
Professional Retainers | 584,567 | 589,301 | |||||||||
Other Current Assets (attach schedule) | 75,563 | 75,957 | |||||||||
TOTAL CURRENT ASSETS | 186,287,319 | 185,228,741 | |||||||||
PROPERTY & EQUIPMENT | |||||||||||
Real Property and Improvements | |||||||||||
Machinery and Equipment | |||||||||||
Furniture, Fixtures and Office Equipment | 120,092 | 116,718 | |||||||||
Leasehold Improvements | |||||||||||
Vehicles | |||||||||||
Less: Accumulated Depreciation | (51,336 | ) | (48,513 | ) | |||||||
TOTAL PROPERTY & EQUIPMENT | 68,756 | 68,205 | |||||||||
OTHER ASSETS | |||||||||||
Amounts due from insiders* | 86,638 | 86,638 | |||||||||
Other Assets (attach schedule) | 51,730,447 | 48,400,982 | |||||||||
TOTAL OTHER ASSETS | 51,817,085 | 48,487,620 | |||||||||
TOTAL ASSETS | 238,173,160 | 233,784,566 |
LIABILITIES AND OWNER EQUITY | HOOK VALUE AT END OF CURRENT REPORTING MONTH | HOOK VALUE AT END OF PRIOR REPORTING MONTH | BOOK VALUE ON PETITION DATE | ||||||||
LIABILITIES NOT SUBJECT TO COMPROMISE (Postpetition) | |||||||||||
Accounts Payable | 159,094 | 142,880 | |||||||||
Taxes Payable (refer to FORM MOR-4) | |||||||||||
Wages Payable | |||||||||||
Notes Payable | |||||||||||
Rent/Leases - Building/Equipment | |||||||||||
Secured Debt / Adequate Protection Payments | 380,898 | 311,030 | |||||||||
Professional Fees | 4,656,995 | 3,805,509 | |||||||||
Amounts Due to Insiders* | 17,777 | 7,024 | |||||||||
Other Post-petition Liabilities (attach schedule) | . | 13,819 | |||||||||
TOTAL POST-PETITION LIABILITIES | 5,214,764 | 4,280,262 | |||||||||
LIABILITIES SUBJECT TO COMPROMISE (Pre-Petition) | |||||||||||
Secured Debt | 4,356,568 | 4,356,568 | |||||||||
Priority Debt | 288,707,391 | 288,707,391 | |||||||||
Unsecured Debt | 79,434,733 | 79,432,861 | |||||||||
TOTAL PRE-PETITION LIABILITIES | 372,498,692 | 372,496,820 | |||||||||
TOTAL LIABILITIES | 377,713,456 | 376,777,082 | |||||||||
OWNER’S EQUITY | |||||||||||
Capital Stock | 58,953 | 58,953 | |||||||||
Additional Paid-in Capital | 345,724,500 | 345,724,500 | |||||||||
Partners' Capita! Account | |||||||||||
Owner's Equity Account | |||||||||||
Retained Earnings - Pre-Petition | (494,870,829 | ) | (494,870,829 | ) | |||||||
Retained Earnings - Post-petition | 9,547,080 | 6,094,860 | |||||||||
Adjustments to Owner Equity (attach schedule) | |||||||||||
Post-petition Contributions (attach schedule) | |||||||||||
NET OWNERS 'EQUITY | (139,540,296 | ) | (142,992,516 | ) | |||||||
TOTAL LIABILITIES AND OWNERS' EQUITY | 238,173,160 | 233,784,566 |
In re | CHARYS HOLDING COMPANY, INC | Case No. | 08-10289 (BLS) | |
Reporting Period: | July 1 through 31 |
BALANCE SHEET - continuation section
ASSETS | BOOK VALUE AT END OF CURRENT REPORTING MONTH | BOOK VALUE AT END OF PRIOR REPORTING MONTH | BOOK VALUE ON PETITION DATE | ||||||||
Other Current Assets | |||||||||||
Travel Advances | 75,563 | 57,579 | |||||||||
Deposits | 18,378 | 18,378 | |||||||||
Other Assets | |||||||||||
Investment in subsidiaries | 51,730,447 | 48,400,982 | |||||||||
LIABILITIES AND OWNER EQUITY | BOOK VALUE AT END OF CURRENT REPORTING MONTH | BOOK VALUE AT END OF PRIOR REPORTING MONTH | BOOK VALUE ON PETITION DATE | ||||||||
Other Post-petition Liabilities | |||||||||||
Misc accrued expenses | 13,819 | ||||||||||
Other Post-petition Liabilities | |||||||||||
Restricted: Cash: Cash that is restricted for a specific use and not available to fund operations. Typically, restricted cash is segregated into a separate account, such as an escrow account.