Resolute Forest Products Inc. - FORM 8-K - EX-99.1

Attached files

file	filename
8-K - FORM 8-K - Resolute Forest Products Inc.	g21473e8vk.htm

Exhibit 99.1

UNITED STATES BANKRUPTCY COURT
DISTRICT OF DELAWARE


In re: Abitibibowater Inc., et al.,		Chapter 11
		Case No. 09-11296
Debtor:

Monthly Operating Report
For the Period October 1, 2009 to October 31, 2009


REQUIRED DOCUMENTS		Form No.
Debtors Consolidating Schedule of Receipts and Disbursements		MOR-1
Debtors Consolidating Schedule of Operating Receipts and Disbursements		MOR-1a
Schedule of Cash Disbursements by Debtor Entity		MOR-2
Schedule of Debtors Bank Account Balances		MOR-3
Schedule of Professional Fees Paid		MOR-4
Declaration Regarding the Reconciliation of the Debtors Bank Accounts		MOR-5
Debtors Consolidating Balance Sheet		MOR-6
Debtors Consolidating Statement of Operations		MOR-7
Declaration Regarding the Status of Post-Petition Taxes of the Debtors		MOR-8
Combined Listing of Post-Petition Aged Accounts Payable		MOR-9
Combined Listing of Aged Accounts Receivable		MOR-10
Summary of Debtors Post-Petition Inter-Company Receivables and Payables		MOR-11
Debtors Questionnaire		MOR-12
Supplement to Debtors Questionnaire		MOR-12a

I declare under penalty of perjury (28 U.S.C. Section 1746) that this report and the attached documents are true and correct to the best of my knowledge and belief.


/s/ William G. Harvey		November 30, 2009

Signature of Authorized Individual*		Date

		Executive Vice President &
William G. Harvey		Chief Financial Officer

Printed Name of Authorized Individual		Title of Authorized Individual


*		Authorized Individual must be an officer, director or shareholder if debtor is a corporation; a partner if debtor is a partnership; a manager or member if debtor is a limited liability company.

In re: Abitibibowater Inc., et al.,

NOTES TO THE MONTHLY OPERATING REPORT

1.		Background and Basis of Presentation: On April 16, 2009, Abitibibowater, Inc. (“ABI” or the “Company”) and certain of its U.S. and Canadian subsidiaries (collectively, the “Debtor Entities”) filed voluntary petitions in the United States Bankruptcy Court for the District of Delaware (the “U.S. Court”) seeking relief under Chapter 11 of the United States Bankruptcy Code (the “Bankruptcy Code”). The following day, April 17, 2009, certain of the Company’s Canadian subsidiaries also filed to reorganize (the “Canadian Petition”) under the Companies’ Creditors Arrangement Act (“CCAA”) in the Superior Court of Justice in Canada, Province of Quebec, District of Montreal (the “Canadian Court”). Certain U.S. and Canadian legal entities, as well as some operations, (“Non-Debtor Affiliates”) were not included in the Chapter 11 filings and will continue to operate outside of the Chapter 11 process.

		The unaudited financial statements included herein include the accounts and results of operations of the U.S. filed debtors. The information contained in this Monthly Operating Report (“MOR”) is provided to fulfill the reporting requirements set forth by the Office of the United States Trustee. All information contained herein is unaudited and subject to future adjustment.

		In accordance with U.S. generally accepted accounting principles (GAAP), the Company has applied American Institute of Certified Public Accountant’s Statement of Position (“SOP”) 90-7, “Financial Reporting by Entities in Reorganization under the Bankruptcy Code” (“SOP 90-7”), in preparing the financial statements. SOP 90-7 requires that the financial statements, for periods subsequent to the Chapter 11 filing, distinguish transactions and events that are directly associated with the reorganization from the ongoing operations of the business. Accordingly, certain revenues, expenses (including professional fees), realized gains and losses and provisions for losses that are realized or incurred in the bankruptcy proceedings, are recorded in reorganization items on the accompanying unaudited statements of operations. In addition, pre-petition obligations that may be impacted by the bankruptcy reorganization process have been classified on the unaudited balance sheet at October 31, 2009 as Liabilities Subject to Compromise.

		These financial statements are not intended to be prepared in conformity with U.S. GAAP, because they do not include all of the information and footnote disclosures required by U.S. GAAP for complete financial statements. The information contained in this MOR: (a) has not been audited or reviewed by independent registered public accountants, (b) is limited to the time period indicated, and (c) is not intended to reconcile to the consolidated financial statements filed by the Company in its Annual Report on Form 1O-K for the Year ended December 31, 2008 (“2008 Form 1O-K”) filed with the Securities and Exchange Commission (“SEC”) on April 30, 2009, or with consolidated financial statements in subsequently filed Quarterly Reports on Form 10-Q.

		Preparation of the MOR requires management to make estimates and assumptions about future events that affect the reported amounts of assets, liabilities, revenues and expenses and disclosure of contingent assets and liabilities. The Company cannot determine future events and their effects with certainty, particularly while the Chapter 11 cases are proceeding. Therefore, the determination of estimates requires the exercise of judgment based on various assumptions, and other factors such as historical experience, current and expected economic conditions, and in some cases, actuarial calculations. The Company constantly reviews these significant factors and makes adjustments when appropriate.

		The statement of operations and cash flows presented in the MOR for any interim period are not necessarily indicative of the results that may be expected for a full quarter, full year, or any future interim period. While every effort has been made to assure the accuracy and completeness of this MOR, errors or omissions may have inadvertently occurred and the Company reserves the right to amend the MOR as necessary. In particular, the Company is in the process of reconciling its pre-petition and post-petition liabilities, as well as its liabilities subject to compromise and not subject to compromise, and such amounts are subject to reclassification and/or adjustment in the future.

For the reasons discussed above, the Company cautions readers not to place undue reliance upon information contained in the MOR. For further information, refer to the Company’s consolidated financial statements and footnotes included in its 2008 Form 10-K filed with the SEC on April 30, 2009 and other filings with the SEC.

2.		DIP Credit Facility: In connection with the commencement of the Chapter 11 proceedings, on April 16, 2009 the Company and certain of its affiliates filed a motion with the U.S. Court seeking approval to enter into a post petition credit agreement (the “DIP Credit Agreement”). On April 17, 2009, the U.S. Court granted interim approval of the DIP Credit Agreement. Final approval of the DIP Credit Agreement was granted by the U.S. Court on June 4, 2009.

		The DIP Credit Agreement, as amended, provides for a term loan in the aggregate principal amount of up to USD $360,000,000, consisting of USD $166,000,000 for term loan borrowings of the US Borrowers, and a USD $40,000,000 term loan for borrowings of Bowater Canada ( the “Initial Loan”), plus subject to further approval from the Bankruptcy Court only after notice and a further hearing, an incremental USD $154,000,000 which may be advanced after the date of this order (the Incremental Facility).

		The use of proceeds under the DIP Credit Agreement may be used for: (a) working capital; (b) other general corporate purposes of the Bowater Debtors; (c) payment of any related transaction costs, fees and expenses; (d) the payment of Adequate Protection Obligations; and (e) the costs of administration of these cases. On April 20th and 21^st, the company drew down the current available amount of the DIP agreement.

MOR-1 and MOR-1a: The detail presented in MOR-1 represents the total receipts and disbursements, taken directly from the debtors’ bank statements, for the period October 1^st, 2009 through October 31^st, 2009. The beginning and ending balances are also reported directly from the bank statements. Due to the nature of the debtor’s cash management system, the actual operating receipts and disbursement are captured within the numbers presented. MOR-1a breaks out the operating receipts and disbursements. Major categories of disbursements have been listed. The Company continues to refine the process by which items in the “Other” category are identified. These refinements will appear in subsequent month MORs.

Significant Accounting Policies: The significant accounting policies are consistent with those listed in the Company’s 2008 Form 10-K filed with the SEC on April 30, 2009.

Liabilities Subject to Compromise: SOP 90-7 requires prepetition liabilities that are subject to compromise to be reported at the amounts expected to be allowed, even if they may be settled for lesser amounts. The amounts currently classified as Liabilities Subject to Compromise may be subject to future adjustments, depending on court actions, further developments with respect to disputed claims, determinations of the secured status of certain claims, the values of any collateral securing such claims, or other events. Certain accounts included in the Liabilities Subject to Compromise may be entitled to administrative expense priority under section 503(b)(9) of the Bankruptcy Code. As of October 31^st, 2009, the components of Liabilities Subject to Compromise consisted of:


Unsecured Debt	$	2,951,638,564

Accounts Payable		92,898,561

OPEB & Pension		643,069,769


Liabilities Subject to Compromise	$	3,687,606,894

Under the Bankruptcy Code, the Debtors generally must assume or reject pre-petition executory contracts, including but not limited to real property leases, subject to the approval of the Bankruptcy Courts and certain other conditions. In this context, “assumption” means that the company agrees to perform its obligations and cure all existing defaults under the contract or lease, and “rejection” means that it is relieved from its obligations to perform further under the contract or

		lease, but is subject to a pre-petition claim for damages for the breach thereof subject to certain limitations. Any damages resulting from rejection of executory contracts that are permitted to be recovered under the Bankruptcy Code will be treated as Liabilities Subject to Compromise unless such claims were secured prior to the Petition Date.

		Since the Petition Date, the Company has received Court approval to reject a number of leases and other executory contracts of various types. The Company is reviewing all of its executory contracts and unexpired leases to determine which additional contracts and leases it will reject. The Company expects that additional Liabilities Subject to Compromise will arise due to rejection of executory contracts, including leases, and from the determination of the U.S. Court (or agreement by parties in interest) of allowed claims for contingencies and other disputed amounts. The Company also expects that the assumption of additional executory contracts and unexpired leases will convert certain of the liabilities shown on the accompanying financial statements as subject to compromise to post-petition liabilities. Due to the uncertain nature of many of the potential claims, the Company cannot project the magnitude of such claims with any degree of certainty.


In re: Abitibibowater Inc., et al.,		Chapter 11
		Case No. 09-11296
Debtor

MOR-1
Debtors Consolidating Schedule of Receipts and Disbursements (1)
For the period of October 1, 2009 through October 31, 2009
(Dollars in Thousands)


										Abitibi					Alabama
										Consolidated			Abitibi-		River
										Sales			Consolidated		Newsprint			Abitibi-			Augusta				Abitibi-
				AbitibiBowater		AbitibiBowater				Corporation			Alabama		Company			Consolidated			Woodlands,		Tenex Data		Consolidated
	All Debtor’s			Inc.		US Holding LLC		Donohue Corp.		(ACSC)			Corporation		(ARNC)			Corporation			LLC		Inc.		Finance LP
	Grand Totals			09-11296		09-11297		09-11298		09-11299			09-11300		09-11301			09-11302			09-11303		09-11304		09-11305

				No Accounts		No Accounts							No Accounts										No Accounts
Beginning Cash Balance	$	398,244		$	—	$	—	$	1	$	16,736		$	—	$	1,154		$	618		$	273	$	—	$	51
Total Cash Receipts	$	877,246		$	—	$	—	$	701	$	216,752		$	—	$	203		$	10,877		$	—	$	—	$	—
Total Cash Disbursements	$	(856,936	)	$	—	$	—	$	—	$	(223,791	)	$	—	$	(277	)	$	(11,307	)	$	—	$	—	$	—

Ending Cash Balance	$	418,554		$	—	$	—	$	701	$	9,698		$	—	$	1,080		$	188		$	273	$	—	$	51


			Bowater																Bowater South
	Bowater		Newsprint												Catawba		Bowater		American		Bowater		Lake Superior
	Newsprint South		South			Bowater		Bowater		Coosa Pines Golf		Bowater			Property		Finance		Holdings,		America Inc.		Forest Products
	LLC		Operations LLC			Finance II, LLC		Alabama LLC		Club, LLC		Incorporated			Holdings LLC		Company Inc.		Inc.		(BAI)		Inc.
	09-11306		09-11307			09-11308		09-11309		09-11310		09-11311			09-11312		09-11314		09-11315		09-11316		09-11317

						No Accounts				No Accounts					No Accounts				No Accounts		No Accounts
Beginning Cash Balance	$	1	$	10		$	—	$	7	$	—	$	366,765		$	—	$	3	$	—	$	—	$	1
Total Cash Receipts	$	—	$	0		$	—	$	—	$	—	$	462,307		$	—	$	—	$	—	$	—	$	33
Total Cash Disbursements	$	—	$	(0	)	$	—	$	—	$	—	$	(441,888	)	$	—	$	—	$	—	$	—	$	(0	)

Ending Cash Balance	$	1	$	10		$	—	$	7	$	—	$	387,184		$	—	$	3	$	—	$	—	$	34


In re: Abitibibowater Inc., et al.,		Chapter 11

		Case No. 09-11296
Debtor

MOR-1 (continued)
Debtors Consolidating Schedule of Receipts and Disbursements (1)
For the period of October 1, 2009 through October 31, 2009
(Dollars in Thousands)


				Bowater
	Bowater Canada			Canadian						Bowater						Bowater			Bowater						Bowater					AbitibiBowater
	Finance			Holdings			AbitibiBowater			Canadian Forest			Bowater			LaHave			Canadian			Bowater			Nuway Mid-		Bowater			US Holding 1
	Corporation			Incorporated			Canada Inc.			Products Inc.			Maritimes Inc.			Corporation			Limited			Nuway Inc.			States Inc.		Ventures Inc.			Corp
	09-11319			09-11320			09-11321			09-11322			09-11324			09-11325			09-11326			09-11328			09-11329		09-11330			09-11331

																									No Accounts
Beginning Cash Balance	$	4		$	336		$	1		$	11,361		$	151		$	43		$	723		$	2		$	—	$	3		$	0
Total Cash Receipts	$	—		$	—		$	—		$	185,804		$	569		$	—		$	—		$	—		$	—	$	—		$	—
Total Cash Disbursements	$	(1	)	$	(0	)	$	(0	)	$	(179,190	)	$	(471	)	$	(0	)	$	(10	)	$	(0	)	$	—	$	(0	)	$	(0	)

Ending Cash Balance	$	4		$	335		$	1		$	17,975		$	249		$	43		$	713		$	1		$	—	$	3		$	0


Notes:

(1)		The debtors accounting systems are designed to provide operating reports in accordance with GAAP. The accounting systems are not designed to produce reports that are consistent with the requirements of the U.S. Trustee. As a result, the information presented in this cash flow was prepared using bank account statements as supplied to the debtors from the banks and therefore the ending cash balance on MOR-1 may not agree with the ending cash balance on MOR-6. The numbers presented in the cash flow are subject to change as additional information is made available. The information contained herein is provided to fulfill the requirements of the office of the United States Trustee. All information contained herein is unaudited and subject to future adjustments.

(2)		Receipts and disbursements include all cash transactions from bank statements including all activity within the accounts of a Debtor, and activity to and from affiliated Debtors.

(3)		All amounts are stated in U.S. Dollars. Accounts normally stated in Canadian Dollars, British Pounds, or Euros have been converted to USD at the end of month foreign exchange rates.

MOR-1a
Debtors Consolidated Schedule of Receipts and Disbursements (1)
For the period of October 1, 2009 through October 31, 2009
(Dollars in Thousands)


													Abitibi-
										Abitibi			Consolidated		Alabama River			Abitibi-							Abitibi-
						AbitibiBowater US				Consolidated Sales			Alabama		Newsprint			Consolidated			Augusta				Consolidated
	All Debtor’s			AbitibiBowater Inc.		Holding LLC		Donohue Corp.		Corporation (ACSC)			Corporation		Company (ARNC)			Corporation			Woodlands, LLC		Tenex Data Inc.		Finance LP
	Grand Totals			09-11296		09-11297		09-11298		09-11299			09-11300		09-11301			09-11302			09-11303		09-11304		09-11305
				No Accounts		No Accounts							No Accounts										No Accounts
Total Cash Receipts	$	289,409		$	—	$	—	$	701	$	118,888		$	—	$	122		$	5,158		$	—	$	—	$	—

Disbursements:
Payroll & Payroll Taxes	$	(31,745	)												$	(97	)	$	(1,373	)
Non-Payroll Labor	$	(4,838	)												$	—
Raw Materials	$	(52,546	)															$	(5,695	)
Utilities	$	(19,672	)												$	—		$	—
Freight	$	(18,079	)							$	(946	)			$	—		$	—
SG&A	$	(15,426	)							$	(245	)			$	—
Supplies	$	(15,525	)												$	—
Rent	$	(67	)							$	—
Customer Rebates	$	(1,876	)							$	(321	)
Interest	$	(7,643	)							$	(4,447	)
Security Deposits	$	—
Taxes	$	—													$	—
Other	$	—		$	—										$	—

Total Cash Disbursements	$	(167,416	)	$	—	$	—	$	—	$	(5,959	)	$	—	$	(97	)	$	(7,067	)	$	—	$	—	$	—


Notes:

(1)		MOR 1-a represents the cash flow of the current operating accounts used by the debtors.

(2)		MOR 1-a excludes $1.28 billion of intercompany cash settlements, and $41.5 million of currency exchange transactions.

(3)		The debtors accounting systems are designed to provide operating reports in accordance with GAAP. The accounting systems are not designed to produce reports that are consistent with the requirements of the U.S. Trustee. As a result, the information presented in this cash flow was prepared using bank account statements as supplied to the debtors from the banks. The numbers presented in the cash flow are subject to change as additional information is made available. The information contained herein is provided to fulfill the requirements of the Office of the United States Trustee. All information contained herein is unaudited and subject to future adjustments.

(4)		All amounts are stated in U.S. Dollars. Accounts normally stated in Canadian Dollars, British Pounds, or Euros have been converted to USD at end of month foreign exchange rates.


In re: Abitibibowater Inc., et al.,		Chapter 11
		Case No. 09-11296
Debtor:

MOR-1a (continued)
Debtors Consolidated Schedule of Receipts and Disbursements (1)
For the period of October 1, 2009 through October 31, 2009
(Dollars in Thousands)


	Bowater			Bowater																	Bowater South
	Newsprint South			Newsprint South			Bowater Finance II,		Bowater Alabama			Coosa Pines Golf		Bowater			Catawba Property		Bowater Finance		American		Bowater America
	LLC			Operations LLC			LLC		LLC			Club, LLC		Incorporated			Holdings LLC		Company Inc.		Holdings, Inc.		Inc. (BAI)
	09-11306			09-11307			09-11308		09-11309			09-11310		09-11311			09-11312		09-11314		09-11315		09-11316
							No Accounts					No Accounts					No Accounts				No Accounts		No Accounts
Total Cash Receipts	$	—		$	0		$	—	$	—		$	—	$	136,143		$	—	$	—	$	—	$	—

Disbursements:
Payroll & Payroll Taxes				$	(1,442	)			$	(4,584	)			$	(15,977	)							$	(1,034	)
Non-Payroll Labor														$	(4,123	)
Raw Materials														$	(32,231	)
Utilities														$	(16,073	)
Freight	$	(243	)						$	(84	)			$	(6,822	)							$	(4,885	)
SG&A														$	(10,861	)							$	(2	)
Supplies														$	(12,680	)
Rent														$	(60	)
Customer Rebates														$	(8	)							$	(1,419	)
Interest														$	(2,810	)
Security Deposits														$	—
Taxes
Other	$	—												$	—								$	—

Total Cash Disbursements	$	(243	)	$	(1,442	)	$	—	$	(4,668	)	$	—	$	(101,644	)	$	—	$	—	$	—	$	(7,340	)


Notes:

(1)		MOR 1-a represents the cash flow of the current operating accounts used by the debtors.

(2)		MOR 1-a excludes $1.28 billion of intercompany cash settlements, and $41.5 million of currency exchange transactions.

(3)		The debtors accounting systems are designed to provide operating reports in accordance with GAAP. The accounting systems are not designed to produce reports that are consistent with the requirements of the U.S. Trustee. As a result, the information presented in this cash flow was prepared using bank account statements as supplied to the debtors from the banks. The numbers presented in the cash flow are subject to change as additional information is made available. The information contained herein is provided to fulfill the requirements of the Office of the United States Trustee. All information contained herein is unaudited and subject to future adjustments.

(4)		All amounts are stated in U.S. Dollars. Accounts normally stated in Canadian Dollars, British Pounds, or Euros have been converted to USD at end of month foreign exchange rates.

(5)		The amounts listed in Other are in the process of still being identified so in the future they can be accurately shown in one of the existing disbursement categories.


In re: Abitibibowater Inc., et al.,		Chapter 11
		Case No. 09-11296
Debtor:

MOR-1a (continued)
Debtors Consolidated Schedule of Receipts and Disbursements (1)
For the period of October 1, 2009 through October 31, 2009
(Dollars in Thousands)


	Lake Superior		Bowater Canada		Bowater Canadian				Bowater Canadian
	Forest Products		Finance		Holdings		AbitibiBowater		Forest Products			Bowater		Bowater LaHave		Bowater Canadian		Bowater Nuway		Bowater Nuway			Bowater Ventures		AbitibiBowater US
	Inc.		Corporation		Incorporated		Canada Inc.		Inc.			Maritimes Inc.		Corporation		Limited		Inc.		Mid-States Inc.			Inc.		Holding 1 Corp
	09-11317		09-11319		09-11320		09-11321		09-11322			09-11324		09-11325		09-11326		09-11328		09-11329			09-11330		09-11331
																				No Accounts
Total Cash Receipts	$	—	$	—	$	—	$	—	$	28,397		$	—	$	—	$	—	$	—	$	—		$	—	$	—

Disbursements:
Payroll & Payroll Taxes									$	(7,235	)									$	(5	)
Non-Payroll Labor									$	(715	)	$	—
Raw Materials									$	(14,620	)
Utilities									$	(3,599	)	$	—
Freight									$	(5,100	)	$	—
SG&A									$	(4,317	)	$	—
Supplies									$	(2,845	)
Rent									$	(7	)
Customer Rebates									$	(127	)
Interest									$	(386	)
Security Deposits									$	—
Taxes									$	—
Other									$	—

Total Cash Disbursements	$	—	$	—	$	—	$	—	$	(38,951	)	$	—	$	—	$	—	$	—	$	(5	)	$	—	$	—


Notes:

(1)		MOR 1-a represents the cash flow of the current operating accounts used by the debtors.

(2)		MOR 1-a excludes $1.28 billion of intercompany cash settlements, and $41.5 million of currency exchange transactions.

(3)		The debtors accounting systems are designed to provide operating reports in accordance with GAAP. The accounting systems are not designed to produce reports that are consistent with the requirements of the U.S. Trustee. As a result, the information presented in this cash flow was prepared using bank account statements as supplied to the debtors from the banks. The numbers presented in the cash flow are subject to change as additional information is made available. The information contained herein is provided to fulfill the requirements of the Office of the United States Trustee. All information contained herein is unaudited and subject to future adjustments.

(4)		All amounts are stated in U.S. Dollars. Accounts normally stated in Canadian Dollars, British Pounds, or Euros have been converted to USD at end of month foreign exchange rates.

(5)		The amounts listed in Other are in the process of still being identified so in the future they can be accurately shown in one of the existing disbursement categories.


In re: Abitibibowater Inc., et al.,		Chapter 11
		Case No. 09-11296
Debtor

MOR-2
Schedule of Cash Disbursements by Debtor Entity
(Dollars in Thousands)


			Disbursements for
			the Period
		Bankruptcy	October 1, 2009 to
Debtor Entity	Notes	Case Number	October 31, 2009 (1)

AbitibiBowater Inc.	(2)	09-11296	$	—
AbitibiBowater US Holding LLC	(2)	09-11297	$	—
Donohue Corp.	(2)	09-11298	$	—
Abitibi Consolidated Sales Corporation (ACSC)		09-11299	$	6
Abitibi-Consolidated Alabama Corporation	(2)	09-11300	$	—
Alabama River Newsprint Company (ARNC)	(2)	09-11301	$	0
Abitibi-Consolidated Corporation		09-11302	$	7
Augusta Woodlands, LLC	(2)	09-11303	$	—
Tenex Data Inc.	(2)	09-11304	$	—
Abitibi-Consolidated Finance LP	(2)	09-11305	$	—
Bowater Newsprint South LLC	(2)	09-11306	$	0
Bowater Newsprint South Operations LLC		09-11307	$	1
Bowater Finance II, LLC	(2)	09-11308	$	—
Bowater Alabama LLC		09-11309	$	5
Coosa Pines Golf Club, LLC	(2)	09-11310	$	—
Bowater Incorporated		09-11311	$	102
Catawba Property Holdings LLC	(2)	09-11312	$	—
Bowater Finance Company, Inc.	(2)	09-11314	$	—
Bowater South American Holdings, Inc.	(2)	09-11315	$	—
Bowater America Inc. (BAI)		09-11316	$	7
Lake Superior Forest Products Inc.	(2)	09-11317	$	—
Bowater Canada Finance Corporation	(2)	09-11319	$	—
Bowater Canadian Holdings Incorporated	(2)	09-11320	$	—
AbitibiBowater Canada Inc.	(2)	09-11321	$	—
Bowater Canadian Forest Products Inc.		09-11322	$	39
Bowater Maritimes Inc.	(2)	09-11324	$	—
Bowater LaHave Corporation	(2)	09-11325	$	—
Bowater Canadian Limited	(2)	09-11326	$	—
Bowater Nuway Inc.	(2)	09-11328	$	—
Bowater Nuway Mid-States Inc.	(2)	09-11329	$	0
Bowater Ventures Inc.	(2)	09-11330	$	—
AbitibiBowater US Holding 1 Corp	(2)	09-11331	$	—

		Total Disbursements	$	167


Notes:

(1)		Disbursement amounts in the bank accounts include all payments issued during the period, excluding inter-company cash settlements and transfers between accounts of $ 1.28 billion, and $ 41.5 million in currency exchange. Any disbursements made in Canadian Dollars have been converted to USD at month-end exchange rates.

(2)		Indicates Debtor entities that have no disbursements or have disbursements of $500 or less to report during the period.


re: Abitibibowater Inc.		Chapter 11
		Case No. 09-11296
Debtor

MOR-3
Schedule of Debtors Bank Account Balances
(Dollars in Thousands)


					Bank Account			Bank Balance @
	Case #		Debtor Entity	Bank Name	Ending In:		Curr $	October 31, 2009

09		11298	Donohue Corp (DNC)	Bank of America		6296	USD	$	701
09		11299	Abitibi Cons Sales Corp (ACSC)	Bank of America		1568	USD	$	9,563
09		11299	Abitibi Cons Sales Corp (ACSC)	Bank of America		1576	USD	$	134
09		11299	Abitibi Cons Sales Corp (ACSC)	Bank of America		6171	USD	$	—
09		11299	Abitibi Cons Sales Corp (ACSC)	Bank of America		2316	USD	$	1
09		11299	Abitibi Cons Sales Corp (ACSC)	Bank of America		2696	USD	$	0
09		11301	Alabama River Newsprint Company	Regions		8852	USD	$	35
09		11301	Alabama River Newsprint Company	Regions		8852-I	USD	$	1,041
09		11301	Alabama River Newsprint Company	Regions		6609	USD	$	1
09		11301	Alabama River Newsprint Company	Regions		2789	USD	$	3
09		11301	Alabama River Newsprint Company	Regions		5391	USD	$	—
09		11302	Abitibi-Consolidated Corporation	Bank of America		6482	USD	$	4
09		11302	Abitibi-Consolidated Corporation	Bank of America		9128	USD	$	52
09		11302	Abitibi-Consolidated Corporation	Bank of America		2704	USD	$	—
09		11302	Abitibi-Consolidated Corporation	Bank of America		8511	USD	$	—
09		11302	Abitibi-Consolidated Corporation	Bank of America		0430	USD	$	49
09		11302	Abitibi-Consolidated Corporation	Bank of America		0429	USD	$	13
09		11302	Abitibi-Consolidated Corporation	Bank of America		7832	USD	$	50
09		11302	Abitibi-Consolidated Corporation	Bank of America		9656	USD	$	0
09		11302	Abitibi-Consolidated Corporation	Bank of America		2388	USD	$	19
09		11303	Augusta Woodlands LLC	Wachovia		7669	USD	$	—
09		11303	Augusta Woodlands LLC	Bank of America		3020	USD	$	273
09		11305	Abitibi-Consolidated Finance LP	CIBC		4615	USD	$	51
09		11306	Bowater Newsprint South LLC	Wachovia		7229	USD	$	1
09		11307	Bowater Newsprint South Ops (BNSO)	Regions Bank		9429	USD	$	10
09		11309	Bowater Alabama (BALI)	Coosa Pines Federal Credit Union		2022	USD	$	7
09		11311	Bowater Incorporated (BI)	Wachovia		9066	USD	$	41,747
09		11311	Bowater Incorporated (BI)	Wachovia		3394	USD	$	—
09		11311	Bowater Incorporated (BI)	Wachovia		7224	USD	$	2
09		11311	Bowater Incorporated (BI)	Wachovia London		8026	USD	$	4
09		11311	Bowater Incorporated (BI)	Wachovia London		8036	GBP	$	4,686
09		11311	Bowater Incorporated (BI)	Wachovia London		8166	EUR	$	2,671
09		11311	Bowater Incorporated (BI)	Bank of America		2618	USD	$	3,546
09		11311	Bowater Incorporated (BI)	Bank of America		5097	USD	$	46
09		11311	Bowater Incorporated (BI)	Wells Fargo		0687	USD	$	215
09		11311	Bowater Incorporated (BI)	Wells Fargo		3255	USD	$	—
09		11311	Bowater Incorporated (BI)	Wells Fargo		3274	USD	$	—
09		11311	Bowater Incorporated (BI)	Wells Fargo		3289	USD	$	—
09		11311	Bowater Incorporated (BI)	Wells Fargo		3293	USD	$	—
09		11311	Bowater Incorporated (BI)	Bank of New York		3002	USD	$	310,245
09		11311	Bowater Incorporated (BI)	Bank of New York		5679	USD	$	—
09		11311	Bowater Incorporated (BI)	Bank of New York		5229	USD	$	—
09		11311	Bowater Incorporated (BI)	Bank of New York		6153	USD	$	1,796
09		11311	Bowater Incorporated (BI)	Regions Bank		3536	USD	$	79
09		11311	Bowater Incorporated (BI)	BB&T		1324	USD	$	96
09		11311	Bowater Incorporated (BI)	BB&T		6446	USD	$	107
09		11311	Bowater Incorporated (BI)	SunTrust		1261	USD	$	108
09		11311	Bowater Incorporated (BI)	JPMorgan Chase		4478	USD	$	247
09		11311	Bowater Incorporated (BI)	Arrowpoint Fed CU		2195	USD	$	3
09		11311	Bowater Incorporated (BI)	Carolina First		2882	USD	$	2,305
09		11311	Bowater Incorporated (BI)	Wachovia		9438	USD	$	15,000


re: Abitibibowater Inc.		Chapter 11
		Case No. 09-11296
Debtor

MOR-3 (continued)

Schedule of Debtors Bank Account Balances
(Dollars in Thousands)


					Bank Account			Bank Balance @
	Case #		Debtor Entity	Bank Name	Ending In:		Curr $	October 31, 2009

09		11314	Bowater Finance Company Inc.	Wachovia		7062	USD	$	3
09		11317	Lake Superior Forest Products Inc.	Bank of America		1105	USD	$	34
09		11319	Bowater Canada Finance Corporation	Wachovia		7892	USD	$	1
09		11319	Bowater Canada Finance Corporation	Wachovia		9074	USD	$	1
09		11319	Bowater Canada Finance Corporation	Wachovia		7143	USD	$	1
09		11320	Bowater Canadian Holdings Incorporated	Wachovia		9382	USD	$	324
09		11320	Bowater Canadian Holdings Incorporated	Toronto Dominion		5387	CAD	$	12
09		11321	AbitibiBowater Canada Inc.	Wachovia		7711	USD	$	1
09		11322	Bowater Canadian Forest Products (BCFPI)	Bank of Montreal		0135	USD	$	8,267
09		11322	Bowater Canadian Forest Products (BCFPI)	Bank of Montreal		2181	CAD	$	1,911
09		11322	Bowater Canadian Forest Products (BCFPI)	Bank of Montreal		0811	CAD	$	14
09		11322	Bowater Canadian Forest Products (BCFPI)	Bank of Montreal		5945	CAD	$	—
09		11322	Bowater Canadian Forest Products (BCFPI)	Bank of Montreal		8611	CAD	$	—
09		11322	Bowater Canadian Forest Products (BCFPI)	Bank of Montreal		5990	USD	$	465
09		11322	Bowater Canadian Forest Products (BCFPI)	Bank of Montreal		9511	CAD	$	1,077
09		11322	Bowater Canadian Forest Products (BCFPI)	Bank of Montreal		7609	CAD	$	45
09		11322	Bowater Canadian Forest Products (BCFPI)	Bank of Montreal		1445	USD	$	168
09		11322	Bowater Canadian Forest Products (BCFPI)	Bank of Montreal		2392	USD	$	293
09		11322	Bowater Canadian Forest Products (BCFPI)	Toronto Dominion		4845	USD	$	178
09		11322	Bowater Canadian Forest Products (BCFPI)	Toronto Dominion		6782	CAD	$	2,864
09		11322	Bowater Canadian Forest Products (BCFPI)	Toronto Dominion		9460	CAD	$	—
09		11322	Bowater Canadian Forest Products (BCFPI)	Toronto Dominion		9428	CAD	$	—
09		11322	Bowater Canadian Forest Products (BCFPI)	Toronto Dominion		9444	CAD	$	—
09		11322	Bowater Canadian Forest Products (BCFPI)	Toronto Dominion		7762	CAD	$	—
09		11322	Bowater Canadian Forest Products (BCFPI)	Toronto Dominion		8039	CAD	$	—
09		11322	Bowater Canadian Forest Products (BCFPI)	Toronto Dominion		3089	CAD	$	142
09		11322	Bowater Canadian Forest Products (BCFPI)	Toronto Dominion		7746	CAD	$	—
09		11322	Bowater Canadian Forest Products (BCFPI)	Toronto Dominion		7754	CAD	$	—
09		11322	Bowater Canadian Forest Products (BCFPI)	Bank of America		0351	USD	$	608
09		11322	Bowater Canadian Forest Products (BCFPI)	Bank of America		3801	USD	$	—
09		11322	Bowater Canadian Forest Products (BCFPI)	Bank of America		0364	USD	$	136
09		11322	Bowater Canadian Forest Products (BCFPI)	Banque Nationale du Canada		0027	CAD	$	32
09		11322	Bowater Canadian Forest Products (BCFPI)	Bank of Nova Scotia		5412	CAD	$	0
09		11322	Bowater Canadian Forest Products (BCFPI)	Bank of Nova Scotia		4114	CAD	$	515
09		11322	Bowater Canadian Forest Products (BCFPI)	Wachovia		9531	USD	$	1
09		11322	Bowater Canadian Forest Products (BCFPI)	Wachovia London		8036	GBP	$	705
09		11322	Bowater Canadian Forest Products (BCFPI)	Lloyds of London		2394	GBP	$	359
09		11322	Bowater Canadian Forest Products (BCFPI)	Lloyds of London		9992	GBP	$	15
09		11324	Bowater Maritime Inc (DAL)	Bank of Montreal		5982	USD	$	41
09		11324	Bowater Maritime Inc (DAL)	Bank of Montreal		5889	CAD	$	225
09		11324	Bowater Maritime Inc (DAL)	Bank of Montreal		8603	CAD	$	—
09		11325	Bowater LaHave Corporation	Wachovia		6638	USD	$	43
09		11326	Bowater Canadian Limited	CIBC		5917	CAD	$	20
09		11326	Bowater Canadian Limited	CIBC		6918	CAD	$	753
09		11328	Bowater Nuway Inc (BEN)	Wachovia		6806	USD	$	1
09		11330	Bowater Ventures Inc	Wachovia		9612	USD	$	2
09		11330	Bowater Ventures Inc	Wachovia		7148	USD	$	1
09		11331	AbitibiBowater US Holding 1 Corp	Wachovia		9155	USD	$	0


In re Abitibibowater Inc., et al.,		Chapter 11
		Case No. 09-11296
Debtor

MOR-4
Schedule of Professional Fees and Expenses Paid (1)
For the Period October 1, 2009 to October 31, 2009


	Amount Paid		Cumulative
Professional Firm	This Period		Amount Paid
Paul, Weiss, Rifkind, Wharton & Garrison LLP	$	—	$	3,492,489
Young Conaway Stargatt & Taylor, LLP	$	147,887	$	500,165
Deloitte Tax LLP	$	281,310	$	425,330
Troutman Sanders LLP	$	89,614	$	624,392
PricewaterhouseCoopers LLP, U.S.	$	—	$	305,992
Huron Consulting LLC	$	—	$	860,326
Blackstone Advisory Services L.P.	$	—	$	1,595,024
Hogan Hartson LLP	$	—	$	55,389

Totals	$	518,811	$	7,859,107

Notes:


(1)		Professional fees include payments to professionals or consultants not in the ordinary course.


In re: Abitibibowater Inc., et al.,		Chapter 11
		Case No. 09-11296
Debtor

MOR-5

Declaration Regarding the Reconciliation of the Debtors’ Bank Accounts

As of October 31^st, 2009

William G. Harvey hereby declares under penalty of perjury:

	1.		I am the Executive Vice President and Chief Financial Officer for Abitibibowater Inc, et al., the above-captioned debtors and debtors in possession (collectively, the “Debtors”). I am familiar with the Debtors’ day-to-day operations, business, affairs and books and records.

	2.		I am authorized to submit this Declaration of behalf of the Debtors.

	3.		I hereby certify that the bank accounts of the Debtor and all affiliated Debtors are reconciled on a regular and timely basis.


Dated: November 30, 2009	Respectfully submitted,
	By:	/s/ William G. Harvey
		William G. Harvey
		Title:	Executive Vice President & Chief Financial Officer


In re: Abitibibowater Inc., et al.,		Chapter 11
		Case No. 09-11296
Debtor

MOR-6
Debtor Consolidating Balance Sheet
As of October 31, 2009


										Abitibi			Abitibi-			Alabama River			Abitibi-								Abitibi-
	AbitibiBowater			AbitibiBowater US						Consolidated			Consolidated			Newsprint			Consolidated			Augusta					Consolidated
	Inc.			Holding LLC			Donohue Corp.			Sales Corporation			Alabama Corporation			Company			Corporation			Woodlands, LLC			Tenex Data Inc.		Finance LP
	09-11296			09-11297			09-11298			09-11299			09-11300			09-11301			09-11302			09-11303			09-11304		09-11305
ASSETS
Cash and Cash Equivalents		—			—			701,342			8,921,028			—			1,046,656			(1,333,698	)		273,430			—		51,106
Receivables Net		—			—			—			(4,272,294	)		4,504,662			881,300			11,094,864			—			—		—
Inventories		—			—			—			30,874,183			—			1,044,469			2,439,832			—			—		—
Prepaid Expense and Other		74,070			—			—			(791,856	)		—			233,059			(156,551	)		—			—		—
Note Receivables from Affiliates		377,858,469			—			508,714,495			274,917,503			—			—			92,000,000			—			—		36,310,682
Income Tax Receivable		—			—			—			—			—			—			—			—			—		—
Deferred Income Taxes		—			—			—			—			—			—			—			—			—		—

Total Current Assets		377,932,539			—			509,415,837			309,648,564			4,504,662			3,205,484			104,044,447			273,430			—		36,361,788


Plant and Equipment		—			—			—			12,893,386			898,483			(16,743,281	)		90,170,513			24,877			—		—
Less Accumulated Depreciation		—			—			—			(6,922,920	)		(898,483	)		(7,586,165	)		(14,368,745	)		—			—		—

Plant and Equipment — Net		—			—			—			5,970,466			—			(24,329,446	)		75,801,768			24,877			—		—

Goodwill / Intangible Assets		—			—			—			40,806			—			—			48,485			—			—		—
Investment in Subsidiaries		3,152,029,483			688,900,001			1,257,832,309			310,943,970			221,189,750			—			31,483,052			—			—		—
Other Assets		11,956,371			—			—			14,801,503			—			—			(5,817,276	)		—			—		—

Total Assets		3,541,918,393			688,900,001			1,767,248,146			641,405,309			225,694,412			(21,123,962	)		205,560,476			298,307			—		36,361,788


LIABILITIES AND SHAREHOLDERS’ EQUITY
Trade Accounts Payable		—			—			—			5,660,806			(4,262,463	)		1,838			3,937,045			(2	)		—		—
Accrued Liabilites		4,662,782			—			(41,000,992	)		65,047,342			2,741			5,683,287			4,228,204			—			—		—
Current Portion of Long Term Debt		—			—			—			—			—			—			—			—			—		—
Due to Affiliates		75,145,651			—			35,711,059			(110,568,581	)		(12,444,224	)		(117,820	)		322,719,676			(4,371,680	)		—		(14,168,887	)
Income Tax Payable		(30,588,546	)		(11,987,501	)		9,239,580			14,136,106			(3,999,490	)		—			(29,225,290	)		(17,890	)		—		—

Total Current Liabilities		49,219,887			(11,987,501	)		3,949,647			(25,724,327	)		(20,703,436	)		5,567,305			301,659,635			(4,389,572	)		—		(14,168,887	)


Long Term Debt		—			—			—			—			—			—			—			—			—		—
Reclassification to Current Portion		—			—			—			—			—			—			—			—			—		—

Long Term Debt Net of Current Installments		—			—			—			—			—			—			—			—			—		—
Loans from Affiliates		—			—			—			—			—			—			—			—			—		—
Other Liabilities		(2	)		—			1			16,944,448			1			3,117,375			135,723,623			—			—		1
Deferred Income Taxes		(1,670,339	)		(11,797,935	)		(8,927,186	)		(41,114,383	)		26,782,890			—			(202,989,475	)		—			—		—
Liabilities Subject to Compromise
Debt		296,279,094			—			—			—			—			—			—			—			—		8,305,048
Debt Affiliate		725,156,300			787,337,635			—			462,019,885			259,882,001			—			—			—			—		—
Accounts Payable		—			—			—			7,005,888			—			1,702,691			4,847,842			—			—		—
Other		2,720,828			—			—			20,564,216			(1	)		15,854,877			8,779,712			—			—		—

Total Liabilities		1,071,705,768			763,552,199			(4,977,538	)		439,695,727			265,961,455			26,242,248			248,021,337			(4,389,572	)		—		(5,863,838	)


Shareholder Equity — Net		2,470,212,625			(74,652,198	)		1,772,225,684			201,709,582			(40,267,043	)		(47,366,210	)		(42,460,861	)		4,687,879			—		42,225,626


Total Liabilities and Shareholders’ Equity		3,541,918,393			688,900,001			1,767,248,146			641,405,309			225,694,412			(21,123,962	)		205,560,476			298,307			—		36,361,788

NOTE: The information contained herein is provided to fulfill the requirements of the Office of the U. S Trustee. All information is unaudited and subject to further adjustment


In re: Abitibibowater Inc., et al.,		Chapter 11
		Case No. 09-11296
Debtor

MOR-6 (continued)
Debtor Consolidating Balance Sheet
As of October 31, 2009


	Bowater			Bowater																			Bowater South					Lake Superior
	Newsprint South			Newsprint South			Bowater Finance		Bowater Alabama			Coosa Pines Golf			Bowater			Catawba Property		Bowater Finance			American		Bowater America			Forest Products
	LLC			Operations LLC			II LLC		LLC			Club LLC			Incorporated			Holdings LLC		Company Inc.			Holdings Inc.		Inc.			Inc.
	09-11306			09-11307			09-11308		09-11309			09-11310			09-11311			09-11312		09-11314			09-11315		09-11316			09-11317
ASSETS
Cash and Cash Equivalents		—			3,605			—		344,433			—			377,190,277			—		2,714			—		—			1,022
Receivables Net		—			6,802,723			—		3,970,503			—			115,741,148			—		—			—		81,636,467			—
Inventories		—			10,423,783			—		36,959,377			—			93,022,062			—		—			—		2,500,728			—
Prepaid Expense and Other		—			2,976,163			—		4,466,195			—			41,166,320			—		—			—		—			—
Note Receivables from Affiliates		—			—			—		—			—			1,037,920,666			—		30,060,355			—		—			—
Income Tax Receivable		—			—			—		—			—			—			—		—			—		—			—
Deferred Income Taxes		—			—			—		—			—			—			—		—			—		—			—

Total Current Assets		—			20,206,274			—		45,740,508			—			1,665,040,473			—		30,063,069			—		84,137,195			1,022


Plant and Equipment		—			376,547,300			—		471,298,232			1,792,022			2,732,036,005			—		—			—		3,403,000			—
Less Accumulated Depreciation		—			(188,857,625	)		—		(208,532,764	)		(1,537,566	)		(2,027,839,016	)		—		—			—		(3,403,000	)		—

Plant and Equipment — Net		—			187,689,675			—		262,765,468			254,456			704,196,989			—		—			—		—			—

Goodwill / Intangible Assets		—			—			—		—			—			—			—		—			—		9,100,000			—
Investment in Subsidiaries		—			—			—		—			—			2,624,130,627			—		(3,010,119	)		—		9,842,497			90,866,861
Other Assets		—			—			—		—			—			68,232,413			—		—			—		—			—

Total Assets		—			207,895,949			—		308,505,976			254,456			5,061,600,502			—		27,052,950			—		103,079,692			90,867,883


LIABILITIES AND SHAREHOLDERS’ EQUITY
Trade Accounts Payable		—			1,063,315			—		7,759,578			—			27,236,763			—		—			—		—			—
Accrued Liabilites		—			4,012,485			—		13,504,854			18,850			49,583,358			—		—			—		5,364,807			(11,980,000	)
Current Portion of Long Term Debt		—			—			—		—			—			163,940,000			—		—			—		—			—
Due to Affiliates		22,300,000			27,482,733			—		(138,838,107	)		(256,894	)		(743,800,332	)		—		(11,188	)		—		680,018,561			77,291,409
Income Tax Payable		—			—			—		—			—			45,241,756			—		—			—		—			—

Total Current Liabilities		22,300,000			32,558,533			—		(117,573,675	)		(238,044	)		(457,798,455	)		—		(11,188	)		—		685,383,368			65,311,409


Long Term Debt		—			—			—		—			—			—			—		—			—		—			—
Reclassification to Current Portion		—			—			—		—			—			—			—		—			—		—			—

Long Term Debt Net of Current Installments		—			—			—		—			—			—			—		—			—		—			—
Loans from Affiliates		—			—			—		—			—			—			—		—			—		—			—
Other Liabilities		2,000,000			(72,021	)		—		621,283			(1	)		15,176,251			—		(1	)		—		—			1
Deferred Income Taxes		77,447,000			(5,396,946	)		—		56,995,190			(55,865	)		4,402,624			—		—			—		3,550,064			10,063,421
Liabilities Subject to Compromise Debt		—			4,583,540			—		—			—			1,608,167,299			—		—			—		—			—
Debt Affiliate		—			—			—		—			—			504,375,177			—		—			—		—			—
Accounts Payable		—			2,338,212			—		12,489,822			—			30,813,970			—		—			—		—			—
Other		—			9,878,161			—		64,176,492			7			342,968,102			—		—			—		(1	)		—

Total Liabilities		101,747,000			43,889,479			—		16,709,112			(293,903	)		2,048,104,968			—		(11,189	)		—		688,933,431			75,374,831


Shareholder Equity — Net		(101,747,000	)		164,006,470			—		291,796,864			548,359			3,013,495,534			—		27,064,139			—		(585,853,739	)		15,493,052


Total Liabilities and Shareholders’ Equity		—			207,895,949			—		308,505,976			254,456			5,061,600,502			—		27,052,950			—		103,079,692			90,867,883

NOTE: The information contained herein is provided to fulfill the requirements of the Office of the U. S Trustee. All information is unaudited and subject to further adjustment


In re: Abitibibowater Inc., et al.,		Chapter 11
		Case No. 09-11296
Debtor

MOR-6 (continued)
Debtor Consolidating Balance Sheet
As of October 31, 2009


	Bowater Canada			Bowater Canadian						Bowater Canadian
	Finance			Holdings			AbitibiBowater			Forest Products			Bowater Maritimes			Bowater LaHave			Bowater Canadian			Bowater Nuway			Bowater Nuway			Bowater Ventures			AbitibiBowater US
	Corporation			Incorporated			Canada Inc.			Inc.			Inc.			Corporation			Limited			Inc.			Mid-States Inc.			Inc.			Holding 1 Corp.
	09-11319			09-11320			09-11321			09-11322			09-11324			09-11325			09-11326			09-11328			09-11329			09-11330			09-11331		Grand Total
ASSETS
Cash and Cash Equivalents		1,418			335,793			2,040			15,717,367			225,076			43,324			712,890			2,176			—			1,474			—		404,243,473
Receivables Net		—			—			—			118,054,856			136,700			—			—			—			(15,616	)		—			—		338,535,313
Inventories		—			—			—			101,961,987			208,470			—			—			—			196,180			—			—		279,631,071
Prepaid Expense and Other		—			—			—			7,505,892			154,856			—			—			55,000			89,149			—			—		55,772,297
Note Receivables from Affiliates		—			47,091,710			—			473,762,102			—			—			—			482,838,923			—			—			—		3,361,474,905
Income Tax Receivable		—			—			—			—			—			—			—			—			—			—			—		—
Deferred Income Taxes		—			—			—			—			—			—			—			—			—			—			—		—

Total Current Assets		1,418			47,427,503			2,040			717,002,204			725,102			43,324			712,890			482,896,099			269,713			1,474			—		4,439,657,059


Plant and Equipment		—			—			—			1,632,174,200			8,029,470			—			—			—			23,233,538			—			—		5,335,757,745
Less Accumulated Depreciation		—			—			—			(1,087,052,399	)		(2,419,521	)		—			—			—			(18,397,675	)		—			—		(3,567,815,879	)

Plant and Equipment — Net		—			—			—			545,121,801			5,609,949			—			—			—			4,835,863			—			—		1,767,941,866

Goodwill / Intangible Assets		—			—			—			46,899,000			—			—			—			—			—			—			—		56,088,291
Investment in Subsidiaries		818,915,994			2,789,352,429			1,641,734,485			967,624,227			—			79,809,309			7,174,518			5,100,000			—			820,283			—		14,694,739,676
Other Assets		1,225,459			—			—			90,749,473			9,837,127			—			—			—			—			—			—		190,985,070

Total Assets		820,142,871			2,836,779,932			1,641,736,525			2,367,396,705			16,172,178			79,852,633			7,887,408			487,996,099			5,105,576			821,757			—		21,149,411,962


LIABILITIES AND SHAREHOLDERS’ EQUITY
Trade Accounts Payable		—			—			—			9,715,959			7,267			—			—			1			4,216			—			—		51,124,323
Accrued Liabilites		—			(389,341	)		5,617			42,550,176			(91,715	)		—			—			6,253			244,695			—			—		141,453,403
Current Portion of Long Term Debt		—			—			—			42,060,000			—			—			—			—			—			—			—		206,000,000
Due to Affiliates		460,510			760,987			5,708,430			(123,416,714	)		51,362,607			—			13,824			(2,236,229	)		73,224,358			128,110			—		222,097,259
Income Tax Payable		(724,591	)		(1	)		1			185,084			(9,390	)		—			111,297			—			—			—			—		(7,638,875	)

Total Current Liabilities		(264,081	)		371,645			5,714,048			(28,905,495	)		51,268,769			—			125,121			(2,229,975	)		73,473,269			128,110			—		613,036,110


Long Term Debt		—			—			—			—			—			—			—			—			—			—			—		—
Reclassification to Current Portion		—			—			—			—			—			—			—			—			—			—			—		—

Long Term Debt Net of Current Installments		—			—			—			—			—			—			—			—			—			—			—		—
Loans from Affiliates		—			—			—			—			—			—			—			—			—			—			—		—
Other Liabilities		(3	)		—			(1	)		52,537,121			5,942,472			(1	)		(1	)		(4	)		100,003			—			—		232,090,545
Deferred Income Taxes		22,328,072			—			20,292,642			33,220			128,723			—			(108,989	)		(794,126	)		8,388,413			—			—		(42,442,985	)
Liabilities Subject to Compromise																																		—
Debt		645,243,220			—			—			389,060,363			—			—			—			—			—			—			—		2,951,638,564
Debt Affiliate		—			104,663,567			329,334,714			347,713,674			144,025,320			—			—			—			—			—			—		3,664,508,273
Accounts Payable		—			—			—			32,317,796			1,250,978			—			—			50,347			81,015			—			—		92,898,561
Other		—			—			—			134,742,102			40,848,451			—			—			2,464,000			72,824			(1	)		—		643,069,769

Total Liabilities		667,307,208			105,035,212			355,341,403			927,498,781			243,464,713			(1	)		16,131			(509,758	)		82,115,524			128,109			—		8,154,798,837


Shareholder Equity — Net		152,835,663			2,731,744,720			1,286,395,122			1,439,897,924			(227,292,535	)		79,852,634			7,871,277			488,505,857			(77,009,948	)		693,648			—		12,994,613,125


Total Liabilities and Shareholders’ Equity		820,142,871			2,836,779,932			1,641,736,525			2,367,396,705			16,172,178			79,852,633			7,887,408			487,996,099			5,105,576			821,757			—		21,149,411,962

NOTE: The information contained herein is provided to fulfill the requirements of the Office of the U. S Trustee. All information is unaudited and subject to further adjustments


In re: Abitibibowater Inc., et al.,		Chapter 11
		Case No. 09-11296
Debtor

MOR-7
Debtor Consolidating Statement of Operations
For the Period October 1, 2009 to October 31, 2009


											Abitibi-
								Abitibi			Consolidated			Alabama River			Abitibi-							Abitibi-
	AbitibiBowater			AbitibiBowater US				Consolidated			Alabama			Newsprint			Consolidated			Augusta				Consolidated
	Inc.			Holding LLC		Donohue Corp.		Sales Corporation			Corporation			Company			Corporation			Woodlands, LLC		Tenex Data Inc.		Finance LP
	09-11296			09-11297		09-11298		09-11299			09-11300			09-11301			09-11302			09-11303		09-11304		09-11305
Statement of Operations
Sales — Net		—			—		—		119,700,022			(7,181	)		(7,151	)		16,409			—		—		—
Cost of Sales		—			—		—		116,229,663			(7,151	)		20,962			4,611,385			—		—		—

Gross Profit (Loss)		—			—		—		3,470,359			(30	)		(28,113	)		(4,594,976	)		—		—		—

Operating Expenses
Selling, General and Administrative		159,500			—		—		1,603,612			—			—			—			—		—		—
Research and Development		—			—		—		—			—			—			—			—		—		—
Restructuring and Other Costs		—			—		—		666,667			—			—			—			—		—		—

Total Operating Expenses		159,500			—		—		2,270,279			—			—			—			—		—		—


Operating Income (Loss)		(159,500	)		—		—		1,200,080			(30	)		(28,113	)		(4,594,976	)		—		—		—


Interest Income (Expense)		—			—		1,476,992		(74,366	)		(1,358,207	)		184			(5,258	)		—		—		(51,463	)
Other Income (Expense) Net		176,013			—		—		(919,212	)		(11,915	)		7,530			(547	)		—		—		(10	)
Equity in Earnings of Subs		—			—		—		—			—			—			—			—		—		—

Income Before Taxes		16,513			—		1,476,992		206,502			(1,370,152	)		(20,399	)		(4,600,781	)		—		—		(51,473	)


Income Tax Expense		—			—		—		(112	)		—			—			—			—		—		—

Net Income before Discontinued Operations		16,513			—		1,476,992		206,390			(1,370,152	)		(20,399	)		(4,600,781	)		—		—		(51,473	)
Discontinued Operations		—			—		—		—			—			—			—			—		—		—

Net Income (Loss)		16,513			—		1,476,992		206,390			(1,370,152	)		(20,399	)		(4,600,781	)		—		—		(51,473	)

NOTE: The information contained herein is provided to fulfill the requirements of the Office of the U. S Trustee. All information is unaudited and subject to further adjustments.


In re: Abitibibowater Inc., et al.,		Chapter 11

		Case No. 09-11296
Debtor

MOR-7 (continued)
Debtor Consolidating Statement of Operations
For the Period October 1, 2009 to October 31, 2009


	Bowater		Bowater																		Bowater South
	Newsprint South		Newsprint South			Bowater Finance		Bowater Alabama			Coosa Pines Golf			Bowater			Catawba Property		Bowater Finance		American		Bowater America			Lake Superior
	LLC		Operations LLC			II LLC		LLC			Club LLC			Incorporated			Holdings LLC		Company Inc.		Holdings Inc.		Inc.			Forest Products Inc.
	09-11306		09-11307			09-11308		09-11309			09-11310			09-11311			09-11312		09-11314		09-11315		09-11316			09-11317
Statement of Operations
Sales — Net		—		7,444,625			—		18,430,391			—			72,922,801			—		—		—		76,789,283			—
Cost of Sales		—		7,229,156			—		28,861,505			(2,991	)		42,184,376			—		—		—		77,105,601			—

Gross Profit (Loss)		—		215,469			—		(10,431,114	)		2,991			30,738,425			—		—		—		(316,318	)		-

Operating Expenses
Selling, General and Administrative		—		14,499			—		90,145			—			3,400,728			—		—		—		8,059			—
Research and Development		—		—			—		—			—			—			—		—		—		—			—
Restructuring and Other Costs		—		—			—		—			—			3,454,199			—		—		—		—			—

Total Operating Expenses		—		14,499			—		90,145			—			6,854,927			—		—		—		8,059			—


Operating Income (Loss)		—		200,970			—		(10,521,259	)		2,991			23,883,498			—		—		—		(324,377	)		-


Interest Income (Expense)		—		(37	)		—		(168	)		—			(3,897,665	)		—		—		—		—			(16	)
Other Income (Expense) Net		—		1,296			—		(2,455	)		—			255,536			—		—		—		827,803			77,386
Equity in Earnings of Subs		—		—			—		—			—			—			—		—		—		—			(566,400	)

Income Before Taxes		—		202,229			—		(10,523,882	)		2,991			20,241,369			—		—		—		503,426			(489,030	)


Income Tax Expense		—		—			—		—			—			47,924			—		—		—		31,667			—

Net Income before Discontinued Operations		—		202,229			—		(10,523,882	)		2,991			20,289,293			—		—		—		535,093			(489,030	)
Discontinued Operations		—		—			—		—			—			—			—		—		—		—			—

Net Income (Loss)		—		202,229			—		(10,523,882	)		2,991			20,289,293			—		—		—		535,093			(489,030	)

NOTE: The information contained herein is provided to fulfill the requirements of the Office of the U. S Trustee. All information is unaudited and subject to further adjustments.


In re: Abitibibowater Inc., et al.,		Chapter 11

		Case No. 09-11296
Debtor

MOR-7 (continued)
Debtor Consolidating Statement of Operations
For the Period October 1, 2009 to October 31, 2009


				Bowater
	Bowater Canada			Canadian						Bowater
	Finance			Holdings			AbitibiBowater			Canadian Forest			Bowater			Bowater LaHave			Bowater			Bowater			Bowater Nuway			Bowater Ventures			AbitibiBowater
	Corporation			Incorporated			Canada Inc.			Products Inc.			Maritimes Inc.			Corporation			Canadian Limited			Nuway Inc.			Mid-States Inc.			Inc.			US Holding 1 Corp.
	09-11319			09-11320			09-11321			09-11322			09-11324			09-11325			09-11326			09-11328			09-11329			09-11330			09-11331		Grand Total
Statement of Operations
Sales — Net		—			—			—			37,488,732			1,923			—			—			—			(419	)		—			—		332,779,435
Cost of Sales		—			—			—			51,580,597			232,066			—			—			4,765			58,763			—			—		328,108,697

Gross Profit (Loss)		—			—			—			(14,091,865	)		(230,143	)		—			—			(4,765	)		(59,182	)		—			—		4,670,738

Operating Expenses
Selling, General and Administrative		—			—			—			644,570			—			—			—			—			—			—			—		5,921,113
Research and Development		—			—			—			—			—			—			—			—			—			—			—		—
Restructuring and Other Costs		—			—			—			2,503,498			—			—			—			—			—			—			—		6,624,364

Total Operating Expenses		—			—			—			3,148,068			—			—			—			—			—			—			—		12,545,477


Operating Income (Loss)		—			—			—			(17,239,933	)		(230,143	)		—			—			(4,765	)		(59,182	)		—			—		(7,874,739	)


Interest Income (Expense)		(4,089,880	)		(551,929	)		(31	)		(3,007,475	)		(2,547	)		(441	)		(5	)		—			—			(31	)		—		(11,562,343	)
Other Income (Expense) Net		428,189			122,425			367,740			3,498,163			5,253,387			—			—			110			1,950			—			—		10,083,389
Equity in Earnings of Subs		—			—			—			15,597			—			—			—			—			—			—			—		(550,803	)

Income Before Taxes		(3,661,691	)		(429,504	)		367,709			(16,733,648	)		5,020,697			(441	)		(5	)		(4,655	)		(57,232	)		(31	)		—		(9,904,496	)


Income Tax Expense		—			—			—			—			—			—			—			—			—			—			—		79,479

Net Income before Discontinued Operations		(3,661,691	)		(429,504	)		367,709			(16,733,648	)		5,020,697			(441	)		(5	)		(4,655	)		(57,232	)		(31	)		—		(9,825,017	)
Discontinued Operations		—			—			—			—			—			—			—			—			—			—			—		—

Net Income (Loss)		(3,661,691	)		(429,504	)		367,709			(16,733,648	)		5,020,697			(441	)		(5	)		(4,655	)		(57,232	)		(31	)		—		(9,825,017	)

NOTE: The information contained herein is provided to fulfill the requirements of the Office of the U. S Trustee. All information is unaudited and subject to further adjustment


In re: Abitibibowater Inc., et al.,		Chapter 11

		Case No. 09-11296
Debtor

MOR-8

Declaration Regarding the Status of Post-Petition Taxes of the Debtors
As of October 31^st, 2009

Joel P. Ihrig hereby declares under penalty of perjury:

	1.		I am the Vice President of Taxation for Abitibibowater Inc, et al., the above-captioned debtors and debtors in possession (collectively, the “Debtors”). I am familiar with the Debtors’ day-to-day operations, business, affairs and books and records.

	2.		I am authorized to submit this Declaration of behalf of the Debtors.

	3.		To the best of my knowledge, I certify that the Debtor and all affiliated Debtors have paid all taxes from October 1^st, 2009, through October 31^st, 2009, the end of this reporting period.


Dated: November 30, 2009		Respectfully submitted,

		/s/ Joel P. Ihrig By: Joel P. Ihrig
		Title: Vice President Taxation


In re: Abitibibowater Inc., et al.,		Chapter 11

		Case No. 09-11296
Debtor

MOR-9
Combined Listing of Post-Petition Aged Accounts Payable
As of October 31, 2009
(Dollars in Thousands)


		Number of Days Outstanding
	Notes	0-30		31-60		61-90		Over 90		Totals

Accounts Payable	(1)	$	39,947	$	7,242	$	2,001	$	1,935	$	51,124
											0
											0

Total Post-Petition Payables		$	39,947	$	7,242	$	2,001	$	1,935	$	51,124

Notes:


(1)		The post-petition accounts payable reported represents open and outstanding trade vendor invoices, based on invoice date, that have been entered into the Debtors’ accounts payable system. These amounts do not include any payables based on accruals for which invoices have not been received nor services performed.


In re: Abitibibowater Inc., et al.,		Chapter 11

		Case No. 09-11296
Debtor

MOR-10
Combined Listing of Aged Accounts Receivable
As of October 31, 2009
(Dollars in Thousands)


	Number of Days Outstanding
	Notes	Current			1-30			31-60			61-90			Over 90			Totals

Accounts Receivable	(1)	$	189,815		$	28,068		$	1,427		$	2,617		$	15,937		$	237,864
Other Receivables	(2)	$	99,354		$	—		$	—		$	—		$	13,006		$	112,360


Totals	(3)	$	289,170		$	28,068		$	1,427		$	2,617		$	28,943		$	350,224

			82.6	%		8.0	%		0.4	%		0.7	%		8.3	%		100.0	%

Notes:


(1)		All amounts have been converted to U.S. Dollars.

(2)		Other receivables primarily include:

		- A/R Excise/Commodity Taxes $14.8 million

		- A/R Black Liquid Fuel Credit Program $21.7 million

		- A/R Roads/Land Refurb Credit $19.8 million

		- Other A/R miscellaneous items $ 56.1 million

(3)		The accounts receivable stated above does not include any provisions for bad debt. The allowance for bad debt is approximately $11.7 million.


In re: Abitibibowater Inc., et al.,		Chapter 11

		Case No. 09-11296
Debtor

MOR — 11
Summary of Debtors Post-Petition Intercompany Receivables and Payables
(Dollars in Thousands)


			September 30, 2009									October 31, 2009									Change
			Intercompany			Intercompany						Intercompany			Intercompany						Intercompany			Intercompany
Case #		Debtor Entity	Balances			Notes			Total			Balances			Notes			Total			Balances			Notes			Total

	09-11296	AbitibiBowater Incorporated		(75,437	)		(347,298	)		(422,735	)		(75,146	)		(347,298	)		(422,444	)		291			—			291
	09-11297	AbitibiBowater US Holding LLC		—			(787,338	)		(787,338	)		—			(787,338	)		(787,338	)		—			—			—
	09-11298	Donohue Corp.		(35,706	)		527,103			491,397			(35,711	)		528,580			492,869			(5	)		1,477			1,472
	09-11299	Abitibi Consolidated Sales Corporation		527			(186,984	)		(186,457	)		21,688			(187,102	)		(165,414	)		21,161			(118	)		21,043
	09-11300	Abitibi-Consolidated Alabama Corporation		12,407			(258,524	)		(246,117	)		12,562			(259,883	)		(247,321	)		155			(1,358	)		(1,204	)
	09-11301	Alabama River Newsprint Company		—			—			—			—			—			—			—			—			—
	09-11302	Abitibi-Consolidated Corporation		(282,893	)		52,000			(230,893	)		(282,720	)		52,000			(230,720	)		173			—			173
	09-11303	Augusta Woodlands, LLC		4,372			40,000			44,372			4,372			40,000			44,372			—			—			—
	09-11304	Tenex Data Inc.		—			—			—			—			—			—			—			—			—
	09-11305	Abitibi- Consolidated Finance LP		14,169			36,310			50,478			14,169			36,310			50,478			(0	)		(0	)		(0	)
	09-11306	Bowater Newsprint South LLC		(22,300	)		—			(22,300	)		(22,300	)		—			(22,300	)		—			—			—
	09-11307	Bowater Newsprint South Operations LLC		(24,220	)		—			(24,220	)		(27,483	)		—			(27,483	)		(3,263	)		—			(3,263	)
	09-11308	Bowater Finance II LLC		—			—			—			—			—			—			—			—			—
	09-11309	Bowater Alabama LLC		139,960			—			139,960			138,581			—			138,581			(1,379	)		—			(1,379	)
	09-11310	Coosa Pines Golf Club LLC		252			—			252			257			—			257			5			—			5
	09-11311	Bowater Incorporated		739,798			511,724			1,251,522			743,800			524,805			1,268,605			4,003			13,080			17,083
	09-11312	Catawba Property Holdings LLC		—			—			—			—			—			—			—			—			—
	09-11314	Bowater Finance Company Inc.		11			30,060			30,072			11			30,060			30,072			—			—			—
	09-11315	Bowater South American Holdings Inc.		—			—			—			—			—			—			—			—			—
	09-11316	Bowater America Inc.		(678,095	)		—			(678,095	)		(680,019	)		—			(680,019	)		(1,924	)		—			(1,924	)
	09-11317	Lake Superior Forest Products Inc.		(77,369	)		—			(77,369	)		(77,291	)		—			(77,291	)		77			—			77
	09-11319	Bowater Canada Finance Corporation		(467	)		—			(467	)		(461	)		—			(461	)		6			—			6
	09-11320	Bowater Canadian Holdings Incorporated		(887	)		(54,655	)		(55,542	)		(761	)		(55,134	)		(55,895	)		126			(479	)		(353	)
	09-11321	AbitibiBowater Canada Inc.		(5,788	)		(329,335	)		(335,122	)		(5,708	)		(329,335	)		(335,043	)		79			—			79
	09-11322	Bowater Canadian Forest Products Inc.		143,889			138,499			282,388			137,275			123,295			260,571			(6,614	)		(15,203	)		(21,817	)
	09-11324	Bowater Maritimes Inc.		(51,196	)		(145,900	)		(197,096	)		(51,363	)		(144,025	)		(195,388	)		(166	)		1,875			1,708
	09-11325	Bowater LaHave Corporation		—			—			—			—			—			—			—			—			—
	09-11326	Bowater Canadian Limited		(14	)		—			(14	)		(14	)		—			(14	)		0			—			0
	09-11328	Bowater Nuway Inc.		2,236			482,839			485,075			2,236			482,839			485,075			0			—			0
	09-11329	Bowater Nuway Mid-states Inc.		(73,206	)		—			(73,206	)		(73,224	)		—			(73,224	)		(18	)		—			(18	)
	09-11330	Bowater Ventures Inc.		(128	)		—			(128	)		(128	)		—			(128	)		—			—			—
	09-11331	AbitibiBowater US Holding 1 Corp.		—			—			—			—			—			—			—			—			—

		CCAA Filing Companies		324,522			372,224			696,746			301,154			372,824			673,978			(23,368	)		600			(22,768	)

		Non-Filing Companies		(54,437	)		(80,725	)		(135,162	)		(43,778	)		(80,598	)		(124,376	)		10,659			127			10,787


		Total	$	0		$	—		$	0		$	0		$	—		$	0		$	0		$	0		$	0


In re Abitibibowater Inc., et al.,		Chapter 11

		Case No. 09-11296
Debtor

MOR-12
Debtors’ Questionnaire
For the Period October 1, 2009 to October 31, 2009


		Yes	No
1.	Have any assets been sold or transferred outside the normal course of business this period? If yes, provide an explanation below.		ü

2.	Have any funds been disbursed from any account other than a debtor in possession account this reporting period? If yes, provide an explanation below.		ü

3.	Have all post-petition tax returns been timely filed? If no, provide an explanation below.	ü

4.	Are workers compensation, general liability and other necessary Insurance coverage in effect? If no, provide an explanation below.	ü

5.	Has any bank account been opened during the reporting period? If yes, provide documentation identifying the opened account(s). If an investment account has been opened provide the required documentation pursuant to the Delaware Local Rule 4001-3.		ü


In re: Abitibibowater Inc., et al.,		Chapter 11

		Case No. 09-11296
Debtor

MOR-12a
Supplement to Debtors’ Questionnaire
For Period October 1, 2009 to October 31, 2009

Listing of bank accounts opened during the reporting period.


Debtor	Bank Name	Date Opened

(none)

Attached files

Stock widget

Investing forum

Resolute Forest Products Inc. Reports

Also read