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.
