Thryv Holdings, Inc. - FORM 8-K - EX-99.1

Attached files

file	filename
EX-99.2 - EX-99.2 - Thryv Holdings, Inc.	a13-12831_1ex99d2.htm
8-K - CURRENT REPORT OF MATERIAL EVENTS OR CORPORATE CHANGES - Thryv Holdings, Inc.	a13-12831_18k.htm

Exhibit 99.1

UNITED STATES BANKRUPTCY COURT
DISTRICT OF DELAWARE

In re Dex One Corporation, et. al.			Case No. 13-10533 (KG)
Debtors			Reporting Period: April 1, 2013-April 30, 2013

MONTHLY OPERATING REPORT

File with Court and submit copy to United States Trustee within 20 days after end of month.

Submit copy of report to any official committee appointed in the case.

REQUIRED DOCUMENTS	Form No.	Document Attached	Explanation Attached	Affidavit/Supplement Attached
Schedule of Cash Receipts and Disbursements	MOR-1	Yes	N/A	N/A
Bank Reconciliation (or copies of debtor’s bank reconciliations)	MOR-1a	Yes	N/A	N/A
Schedule of Professional Fees Paid	MOR-1b	Yes	N/A	N/A
Copies of bank statements		N/A	N/A	N/A
Cash disbursements journals		N/A	N/A	N/A
Statement of Operations	MOR-2	Yes	N/A	N/A
Balance Sheet	MOR-3	Yes	N/A	N/A
Status of Postpetition Taxes	MOR-4	Yes	N/A	N/A
Copies of IRS Form 6123 or payment receipt		N/A	N/A	N/A
Copies of tax returns filed during reporting period		N/A	N/A	N/A
Summary of Unpaid Postpetition Debts	MOR-4	Yes	N/A	N/A
Listing of aged accounts payable	MOR-4	Yes	N/A	N/A
Accounts Receivable Reconciliation and Aging	MOR-5	Yes	N/A	N/A
Debtor Questionnaire	MOR-5	Yes	N/A	N/A

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/ Clifford E. Wilson		May 17, 2013
Signature of Debtor		Date

Signature of Joint Debtor		Date
/s/ Clifford E. Wilson		May 17, 2013
Signature of Authorized Individual*		Date
Clifford E. Wilson		Vice-President and Assistant Treasure
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.

Schedule of Cash Receipts and Disbursements

Dex One Corporation and Subsidiaries

Schedule of Cash Receipts and Disbursements

April 2013

$ in thousands	Dex One Corporation		R.H. Donnelley Inc.		R.H. Donnelley APIL, Inc.	Dex Media East, Inc.		Dex Media West, Inc.		Dex Media, Inc.	Dex Media Service LLC	Dex One Digital, Inc.		Dex One Service, Inc.		R.H. Donnelley Corporation	Newdex, Inc.	Spruce Acquisition Sub, Inc.	TOTAL
Account Number	111-13-10533		111-13-10540		111-13-10541	111-13-10535		111-13-10536		111-13-10534	111-13-10537	111-13-10538		111-13-10539		111-13-10542	111-13-10543	111-13-10544

Receipts			35,178			21,976		24,349				1,226							82,729

Disbursements
Trade Payables														(35,614	)				(35,614	)
Payroll and Employee Costs			(535	)		(296	)	(409	)					(18,590	)				(19,830	)
Interest Expense - Notes	(7,690	)																	(7,690	)
Interest Expense - Term Loans			(8,027	)		(1,644	)	(4,180	)										(13,851	)
Interest Expense - Swaps																			—
Term Loan Repayments																			—
Intercompany Transfers			(23,848	)		(10,461	)	(17,173	)	4		(1,128	)	52,606					—
Intercompany Dividends	7,690		(2,845	)		(2,077	)	(2,768	)										—
Total Disbursements	—		(35,255	)	—	(14,478	)	(24,530	)	4	—	(1,128	)	(1,598	)	—	—	—	(76,985	)

Net Increase / (Decrease)	—		(77	)	—	7,498		(181	)	4	—	98		(1,598	)	—	—	—	5,744

Cash at beginning of period	3,421		30,167		—	46,338		52,713		108	—	326		5,531		—	—	—	138,604
Cash at end of period	3,421		30,090		—	53,836		52,532		112	—	424		3,933		—	—	—	144,348

Bank Reconciliations

Dex One

Bank Account Reconciliations


Bank Name	Account Number	Account Holder	Account Type	G/L Account	Book Balance as of 4/30/13
Deutsche Bank	XXXX5455	Dex One Corporation	Concentration	300-10100	$	3,420,932.43
JP Morgan Chase Bank	XXXX9886	Dex One Corporation	Investment	300-10100	$	3,420,932.43
Deutsche Bank	XXXX5463	R.H. Donnelley Inc.	Concentration	200-10100	$	293,433.97
JP Morgan Chase Bank	XXXX9894	R.H. Donnelley Inc.	Investment	200-10100	$	293,433.97
Deutsche Bank	XXXX7137	R.H. Donnelley APIL, Inc.	Concentration	226-10100	$	—
Deutsche Bank	XXXX600.1	R.H. Donnelley Inc.	LOC Collateral	200-17010	$	550,930.79
Deutsche Bank	XXXX601.1	Dex Media East, Inc.	LOC Collateral	130-17010	$	326,176.06
Deutsche Bank	XXXX602.1	Dex Media West, Inc.	LOC Collateral	140-17010	$	361,301.81
Deutsche Bank	XXXX624.1	Dex One Digital, Inc.	LOC Collateral	470-17010	$	264,537.22
Deutsche Bank	XXXX186.1	Dex One Service, Inc.	LOC Collateral	810-17010	$	819,563.76
JP Morgan Chase Bank	XXXX9218	R.H. Donnelley Inc.	Disbursement	200-10420	$	104,765.63
JP Morgan Chase Bank	XXXX7794	R.H. Donnelley Inc.	Receipts	200-13250	$	279,025.05
JP Morgan Chase Bank	XXXX7786	R.H. Donnelley Inc.	Receipts	200-13320	$	977,319.66
JP Morgan Chase Bank	XXXX7802	R.H. Donnelley Inc.	Receipts	200-10200	$	29,796,389.82
JP Morgan Chase Bank	XXXX3941	Dex Media West, Inc.	Concentration	140-10100	$	52,528,667.60
JP Morgan Chase Bank	XXXX9292	Dex Media West, Inc.	Investment	140-10100	$	52,528,667.60
JP Morgan Chase Bank	XXXX7569	Dex Media West, Inc.	Receipts	140-13250	$	191,921.94
JP Morgan Chase Bank	XXXX7877	Dex Media West, Inc.	Receipts	140-13320	$	565,682.52
JP Morgan Chase Bank	XXXX7869	Dex Media West, Inc.	Receipts	140-10200	$	3,519.07
JP Morgan Chase Bank	XXXX3968	Dex Media East, Inc.	Concentration	130-10100	$	53,900,625.79
JP Morgan Chase Bank	XXXX9284	Dex Media East, Inc.	Investment	130-10100	$	53,900,625.79
JP Morgan Chase Bank	XXXX7551	Dex Media East, Inc.	Receipts	130-13250	$	265,456.43
JP Morgan Chase Bank	XXXX7844	Dex Media East, Inc.	Receipts	130-13320	$	507,510.29
JP Morgan Chase Bank	XXXX7851	Dex Media East, Inc.	Receipts	130-10200	$	(63,655.11	)
JP Morgan Chase Bank	XXXX0286	Dex One Corporation	Disbursement	810-20610	$	40,414.70
JP Morgan Chase Bank	XXXX4514	Dex Media Service LLC	Concentration	110-10100	$	—
JP Morgan Chase Bank	XXXX3933	Dex Media Inc.	Concentration	120-10100	$	112,273.27
JP Morgan Chase Bank	XXXX7828	Dex One Digital, Inc.	Receipts	470-13250	$	933.92
JP Morgan Chase Bank	XXXX8554	Dex One Digital, Inc.	Receipts	470-13250	$	933.92
JP Morgan Chase Bank	XXXX7836	Dex One Digital, Inc.	Receipts	470-13320	$	26,725.33
JP Morgan Chase Bank	XXXX8562	Dex One Digital, Inc.	Receipts	470-13320	$	26,725.33
JP Morgan Chase Bank	XXXX7810	Dex One Digital, Inc.	Receipts	470-10200	$	196,352.61
JP Morgan Chase Bank	XXXX3857	Dex One Service, Inc.	Disbursement	810-20600	$	509,887.45
Silicon Valley Bank	XXXX2623	Dex One Digital, Inc.	Concentration	470-10100	$	227,338.64
Silicon Valley Bank	XXXX1574	Dex One Digital, Inc.	Investment
Deutsche Bank	XXXX2353	Dex One Digital, Inc.	Concentration
US Bank	XXXX2226	Dex One Service, Inc.	Concentration	810-10100	$	3,868,615.43
US Bank	XXXX1475	Dex One Service, Inc.	Disbursement	810-10100	$	3,868,615.43
US Bank	XXXX1850	Dex One Service, Inc.	Controlled Disbursement	810-10300	$	120.23
US Bank	XXXX8958	Dex One Service, Inc.	Disbursement	810-10300	$	120.23
US Bank	XXXX7151	Dex One Service, Inc.	Disbursement	810-10310	$	63,980.64
US Bank	XXXX1868	Dex One Service, Inc.	Controlled Disbursement	810-10400	$	—
US Bank	XXXX8941	Dex One Service, Inc.	Disbursement	810-10400	$	—
US Bank	XXXX2234	Dex One Service, Inc.	Disbursement	810-20114	$	—

Schedule of Professional Fees and Expenses Paid

None paid postpetition.

Statement of Operations

	Consolidated		RHD Inc		APIL		RHD Eliminations	RHDInc Consolidated		Dex Media Inc		Dex Media Services	Dex Elimination		Dex Media East		Dex Media West		Dex Holdings Consolidated		Dex One Digital		Dex One Service		RHD Corp		Consolidated Eliminations
Gross Revenue	98,544,435		40,880,541		—		—	40,880,541		—		—	—		26,331,298		29,588,053		55,919,351		1,744,544		—		—		—
Claims	(799,563	)	(354,746	)	—		—	(354,746	)	—		—	—		(268,741	)	(266,622	)	(535,363	)	90,545		—		—		—
Net Revenue	97,744,872		40,525,795		—		—	40,525,795		—		—	—		26,062,557		29,321,432		55,383,988		1,835,089		—		—		—

Digital Product Costs	10,274,574		9,835,167		—		—	9,835,167		—		—	—		796,443		(357,036	)	439,408		—		—		—		—
Print Product Costs	10,889,403		4,978,985		—		—	4,978,985		—		—	—		2,623,585		3,286,833		5,910,418		—		—		—		—
Services Product Costs	1,193,120		493,412		—		—	493,412		—		—	—		325,829		373,879		699,708		—		—		—		—
Bad Debt	2,110,114		1,451,580		—		—	1,451,580		—		—	—		344,893		390,151		735,044		(76,510	)	—		—		—
Commissions	5,760,014		2,433,511		—		—	2,433,511		—		—	—		1,440,296		1,563,739		3,004,036		322,467		—		—		—
Call Tracking Costs	314,463		355,198		—		—	355,198		—		—	—		121,201		(161,937	)	(40,736	)	—		—		—		—
Advertising	778,439		306,913		—		—	306,913		—		—	—		224,124		247,402		471,526		—		0		—		—
Compensation	13,838,439		5,925,511		—		—	5,925,511		—		—	—		3,524,265		3,733,350		7,257,616		1,497		(0	)	653,816		—
Benefits	1,768,768		693,116		—		—	693,116		—		—	—		524,216		535,136		1,059,352		—		0		16,299		—
Payroll Tax	1,304,535		537,928		—		—	537,928		—		—	—		341,750		412,055		753,805		—		0		12,802		—
Relocation & Recruiting	214,091		89,192		—		—	89,192		—		—	—		60,986		63,912		124,899		—		—		—		—
Welfare & Recognition	209,705		90,455		—		—	90,455		—		—	—		54,956		50,936		105,892		—		0		13,357		—
Training Expense	17,761		12,388		—		—	12,388		—		—	—		3,118		2,254		5,373		—		(0	)	—		—
Travel and Entertainment	1,188,319		465,267		—		—	465,267		—		—	—		294,006		358,452		652,458		—		(0	)	70,594		—
Meetings	58,465		14,810		—		—	14,810		—		—	—		21,754		21,901		43,656		—		(0	)	—		—
Outside Contract Services	2,654,019		1,075,444		—		—	1,075,444		—		—	—		708,219		839,371		1,547,589		—		0		30,986		—
Professional Fees	5,049,558		2,018,724		—		—	2,018,724		—		—	—		1,330,872		1,574,473		2,905,345		—		(0	)	125,490		—
BankFees	415,491		163,479		—		—	163,479		—		—	—		116,635		134,376		251,011		1,000		—		—		—
Legal Fees	295,302		121,074		—		—	121,074		—		—	—		79,732		94,497		174,228		—		—		—		—
Insurance Expense	248,259		52,379		—		—	52,379		—		—	—		34,493		40,881		75,375		—		—		120,505		—
Sales Expense	70,017		28,598		—		—	28,598		—		—	—		18,558		22,862		41,420		—		0		—		—
Rent	1,375,712		628,093		—		—	628,093		—		—	—		348,531		399,089		747,619		—		(0	)	—		—
Utilities	1,078,900		436,962		—		—	436,962		—		—	—		312,811		321,888		634,699		8,826		0		(1,588	)	—
Equipment	256,144		119,364		—		—	119,364		—		—	—		64,251		71,148		135,399		—		(0	)	1,381		—
Building Services	85,594		52,581		—		—	52,581		—		—	—		15,278		17,735		33,013		—		—		—		—
Office Supplies	427,083		184,639		—		—	184,639		—		—	—		114,314		126,590		240,904		116		(0	)	1,424		—
State & Local Tax	371,319		89,328		—		—	89,328		3		—	—		28,836		234,553		263,392		21		0		18,578		—
Other Corporate Expense	407,166		168,963		—		—	168,963		—		—	—		103,882		124,037		227,919		5		0		10,279		—
Software	1,262,749		516,178		—		—	516,178		—		—	—		340,771		404,273		745,044		—		(0	)	1,526		—
Software Capitalization	(1,517,460	)	(622,159	)	—		—	(622,159	)	—		—	—		(409,714	)	(485,587	)	(895,301	)	—		0		—		—

Operating Expense	62,400,061		32,717,082		—		—	32,717,082		3		—	—		13,908,892		14,441,215		28,350,109		257,422		0		1,075,449		—

Depreciation & Amortization	29,491,732		10,838,616		—		—	10,838,616		—		—	—		8,516,851		10,136,265		18,653,116		—		(0	)	—		—

Total Expense	91,891,793		43,555,698		—		—	43,555,698		3		—	—		22,425,743		24,577,479		47,003,225		257,422		0		1,075,449		—

Operating Income	5,853,079		(3,029,903	)	—		—	(3,029,903	)	(3	)	—	—		3,636,814		4,743,952		8,380,763		1,577,667		(0	)	(1,075,449	)	—
																											—
Interest Expense	12,500,582		5,730,847		(88,366	)	—	5,642,480		—		—	—		1,238,398		3,007,958		4,246,357		(18	)	(55	)	2,611,817		—
Non Operating Expense	—		—		—		—	—		(4,844,551	)	—	4,844,551		—		—		—		—		—		(7,689,763	)	7,689,763

Reorganization Costs	1,625,362		666,398		—		—	666,398		—		—	—		438,848		520,116		958,963		—		—		—		—
																											—
Net Income Before Tax	(8,272,864	)	(9,427,148	)	88,366		—	(9,338,781	)	4,844,548		—	(4,844,551	)	1,959,568		1,215,878		3,175,443		1,577,685		55		4,002,497		(7,689,763	)
																											—
Income Tax	(145,823	)	—		—		—	—		—		—	—		—		—		—		—		—		(145,823	)	—

Net Income (Loss)	(8,127,041	)	(9,427,148	)	88,366		—	(9,338,781	)	4,844,548		—	(4,844,551	)	1,959,568		1,215,878		3,175,443		1,577,685		55		4,148,321		(7,689,763	)

Balance Sheet

(Amounts in thousands)	Consolidated		RHD Inc		APIL	RHD Eliminations		RHDInc Consolidated		Dex Media Inc		Dex Media Services	Dex Elimination		Dex Media East		Dex Media West		Dex Holdings Consolidated		Dex One Digital		Dex One Service		RHD Corp		Consolidated Eliminations
Cash and Cash Equivalents	144,454		30,195		0	0		30,195		112		0	0		53,837		52,532		106,481		424		3,933		3,421		0

Billed Accounts Receivable	112,013		49,930		0	0		49,930		0		0	0		28,148		31,967		60,115		1,968		0		0		0
Unbilled Receivables	402,136		169,335		0	0		169,335		0		0	0		103,037		124,043		227,080		5,721		0		0		0
Allowance for Doubtful Accounts	(27,569	)	(15,836	)	0	0		(15,836	)	0		0	0		(5,323	)	(6,258	)	(11,580	)	(156	)	0		4		0
Net Trade Accounts Receivable	486,580		203,428		0	0		203,428		0		0	0		125,863		149,752		275,615		7,533		0		4		0

Accounts Receivable Intercompany	0		0		253,362	(253,362	)	0		0		0	0		0		0		0		0		0		0		(0	)
Deferred Directory Costs	89,133		40,137		0	0		40,137		0		0	0		21,650		24,960		46,610		2,385		0		0		0
Prepaid Expenses	34,918		9,594		0	0		9,594		0		0	0		5,559		5,206		10,765		3		14,556		0		0
Other Current Assets - Receivable	4,825		1,939		0	0		1,939		0		4	0		926		1,066		1,996		30		275		585		0
Short-Term Deferred Income Taxes	34,773		10,768		12,266	0		23,034		(7	)	0	0		2,955		1,388		4,337		(280	)	6,274		(87	)	1,497

Current Assets	794,682		296,062		265,628	(253,362	)	308,327		106		4	0		210,790		234,904		445,804		10,094		25,037		3,923		1,497

CIP - Fixed Assets	0		0		0	0		0		0		0	0		0		0		0		0		0		0		0
CIP - Developed Software	3,687		0		0	0		0		0		0	0		0		0		0		0		3,687		0		0
Developed Software	164,185		50,102		0	0		50,102		0		0	0		31,807		43,487		75,294		0		38,789		0		0
Purchased Software	42,860		11,503		0	0		11,503		0		0	0		7,345		9,744		17,089		0		14,269		0		0
Computer Equipment	2,330		458		0	0		458		0		0	0		120		510		630		0		1,242		0		0
Machinery and Equipment	31,644		2,950		0	0		2,950		0		0	0		952		1,454		2,407		0		26,288		0		0
Furniture and Fixtures	10,623		2,297		0	0		2,297		0		0	0		1,560		2,016		3,576		0		4,750		0		0
Leasehold Improvements	19,133		2,884		0	0		2,884		0		0	0		2,305		2,945		5,250		0		10,999		0		0
Building	1,325		0		0	0		0		0		0	0		0		0		0		0		1,325		0		0
Land	450		0		0	0		0		0		0	0		0		0		0		0		450		0		0
Property Plant & Equipment	276,238		70,193		0	0		70,193		0		0	0		44,089		60,157		104,245		0		101,799		0		0
Accumulated Depreciation & Amortization	(182,412	)	(50,755	)	0	0		(50,755	)	0		0	0		(31,589	)	(44,402	)	(75,991	)	0		(55,666	)	0		0
Property Plant Equipment Net	93,826		19,439		0	0		19,439		0		0	0		12,500		15,754		28,254		0		46,133		0		0

Deferred Financing Costs	9,262		4,268		0	0		4,268		0		0	0		2,196		2,798		4,993		0		0		0		0
Other NonCurrent Assets	10,484		593		0	0		593		19		0	(0	)	4,404		3,950		8,373		265		1,273		0		(19	)
Investments Net	0		1,037,671		0	(1,037,671	)	0		239,556		0	(239,556	)	0		0		0		0		0		221,332		(221,332	)
Intangibles Net	1,732,133		572,306		0	0		572,306		0		0	0		516,996		642,830		1,159,827		0		0		0		0

Total Assets	2,640,387		1,930,338		265,628	(1,291,033	)	904,933		239,680		4	(239,556	)	746,886		900,236		1,647,251		10,359		72,443		225,255		(219,854	)

(Amounts in thousands)	Consolidated		RHD Inc		APIL		RHD Eliminations		RHDInc Consolidated		Dex Media Inc		Dex Media Services		Dex Elimination		Dex Media East		Dex Media West		Dex Holdings Consolidated		Dex One Digital		Dex One Service		RHD Corp		Consolidated Eliminations
Deferred Directory Revenue	472,547		188,480		0		0		188,480		0		0		0		126,001		149,303		275,304		8,763		0		0		0
Accounts Payable	16,188		0		0		0		0		0		0		0		0		0		0		0		16,188		0		0
Payroll Payable	80		(0	)	0		0		(0	)	0		(0	)	0		(0	)	(0	)	(0	)	0		80		0		0
Sales and Use Tax Payable	3,699		148		0		0		148		0		0		0		1,066		1,203		2,269		3		1,278		0		0
Customer Refunds Payable	5,076		1,412		0		0		1,412		0		0		0		991		978		1,968		1,696		0		0		0
Other Accrued Liabilities	62,392		16,513		0		49		16,562		0		(0	)	0		6,485		7,067		13,552		4		31,885		(691	)	1,081
Payables Intercompany	(0	)	229,703		(118	)	(223,308	)	6,277		(4	)	1,471		4		(2,281	)	(20,972	)	(21,781	)	1,396		9,679		4,434		(4	)
Short-term Deferred Tax	(0	)	0		0		0		0		0		0		0		0		0		0		0		0		0		(0	)
Accrued Interest Payable	3,092		202		0		0		202		0		0		0		85		108		193		0		0		2,696		0
Current Portion of LT Debt	249,034		89,300		0		0		89,300		0		0		0		69,464		90,270		159,734		0		0		0		0
I/C Note Payable	0		30,297		0		(30,297	)	0		0		0		0		0		0		0		0		0		0		0
Long Term Deferred Tax Liabilities	47,972		85,189		(163,179	)	(32	)	(78,021	)	128		0		0		28,400		67,364		95,892		(39	)	12,765		10,747		6,629
Non-Current Debt	1,723,371		657,366		0		0		657,366		0		0		0		442,292		396,316		838,608		0		0		227,397		0
Other Non Current Liabilities	82,490		35,895		4,097		0		39,992		22		41,273		0		463		225		41,983		421		95		(3	)	1
Total Postpetition Liabilities	2,665,942		1,334,506		(159,199	)	(253,588	)	921,719		147		42,744		4		672,966		691,862		1,407,722		12,244		71,970		244,580		7,707
Liabilities Subject to Compromise:	0		0		0		0		0		0		0		0		0		0		0		0		0		0		0
Total Liabilities:	2,665,942		1,334,506		(159,199	)	(253,588	)	921,719		147		42,744		4		672,966		691,862		1,407,722		12,244		71,970		244,580		7,707

Additional Paid-in Capital:	1,465,381		464,451		71,936		36,966		573,352		(118,600	)	(24,012	)	0		576,706		807,014		1,241,108		57,206		(20,999	)	(392,129	)	6,842
I/C Additional Paid-in Capital:	(0	)	670,777		(11,890	)	(702,640	)	(43,753	)	1,283,641		0		(1,283,641	)	(33,171	)	(42,895	)	(76,066	)	(395	)	(7,705	)	1,850,668		(1,722,748	)
Common Stock:	51		0		0		0		0		0		0		0		0		0		0		0		0		51		0
Treasury Stock:	0		0		0		0		0		0		0		0		0		0		0		0		0		0		0
Other Comprehensive Income - Pension:	(43,377	)	(19,811	)	0		0		(19,811	)	(23,566	)	(18,727	)	23,462		(2,550	)	(2,185	)	(23,566	)	0		0		(43,377	)	43,377

R/E - Opening Balance:	(3,642,849	)	(1,951,960	)	(408,235	)	1,663,448		(696,747	)	(5,648,172	)	15,048		6,965,746		(2,941,546	)	(2,750,740	)	(4,359,664	)	(408,679	)	29,238		(7,697,315	)	9,490,318
I/C Retained Earnings:	(0	)	0		0		0		0		0		0		0		0		0		0		0		0		0		(0	)
CYNI-Current Year Net Income (Pull):	(67,454	)	(40,048	)	12,289		(12,064	)	(39,822	)	(15,357	)	0		15,376		(15,805	)	424		(15,361	)	1,374		(61	)	(61,225	)	47,641
R/E - Opening Balance Adjustment:	2,262,693		1,472,423		760,727		(2,023,155	)	209,995		4,761,587		(15,048	)	(5,960,503	)	2,490,287		2,196,757		3,473,079		348,608		0		6,324,002		(8,092,992	)
Retained Earnings:	(1,447,609	)	(519,585	)	364,782		(371,771	)	(526,574	)	(901,941	)	(0	)	1,020,619		(467,064	)	(553,559	)	(901,946	)	(58,697	)	29,177		(1,434,537	)	1,444,968

Total Equity:	(25,555	)	595,832		424,827		(1,037,445	)	(16,786	)	239,534		(42,740	)	(239,560	)	73,921		208,375		239,530		(1,885	)	474		(19,325	)	(227,561	)

Total Liabilities & Equity:	2,640,387		1,930,338		265,628		(1,291,033	)	904,933		239,680		4		(239,556	)	746,886		900,236		1,647,251		10,359		72,443		225,255		(219,854	)

Summary of Unpaid Postpetition Debts

Category	Current	0-30		31-60		61-90		Over 90		Total
Accounts Payable	—	$	10,889,000	$	1,096,000	$	4,200,000	$	4,000	$	16,188,000

Accounts Receivable Reconciliation and Aging

Accounts Receivable Reconciliation

	Dex One Corporation		R.H. Donnelley Inc.		Dex Media East, Inc		Dex Media West, Inc.		Dex One Digital Inc.
Total Accounts Receivable - 3/31/13	106,611,237		48,640,241		25,305,381		29,619,722		3,045,894
+ Amounts billed during period	91,513,440		38,062,804		25,264,226		27,988,475		197,935
- Amounts collected during period	(81,766,549	)	(35,050,415	)	(21,371,676	)	(24,339,717	)	(1,004,742	)
- Amounts written off during period	(4,784,588	)	(2,323,015	)	(1,005,219	)	(1,266,697	)	(189,658	)
Total Accounts Receivable - 4/30/13	111,573,540		49,329,616		28,192,711		32,001,784		2,049,429

Accounts Receivable Aging - As of 4/30/13

	Dex One Corporation		R.H. Donnelley Inc.		Dex Media East, Inc		Dex Media West, Inc.		Dex One Digital Inc.
Current	53,943,913		22,541,603		14,770,450		16,001,717		630,143
1-30 Days Past Due	16,890,285		7,289,388		4,279,310		4,980,121		341,467
31-60 Days Past Due	11,880,067		5,596,911		2,753,062		2,936,799		593,293
61-90 Days Past Due	6,773,969		3,264,193		1,494,724		1,788,862		226,190
91+ Days Past Due	22,085,307		10,637,521		4,895,165		6,294,285		258,336
Total Accounts Receivable	111,573,540		49,329,616		28,192,711		32,001,784		2,049,429
Amount Considered Uncollectable	(18,307,255	)	(9,772,263	)	(3,859,866	)	(4,667,120	)	(8,006	)
Net Accounts Receivable	93,266,285		38,423,176		21,169,691		24,532,257		2,781,570

Debtor Questionnaire

Must be completed each month	Yes	No
1. Have any assets been sold or transferred outside the normal course of business this reporting period? If yes, provide an explanation below.		X
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.		X
3. Have all postpetition tax returns been timely filed? If no, provide an explanation below.	X
4. Are workers compensation, general liability and other necessary insurance coverages in effect? If no, provide an explanation below.	X
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.		X

Thryv Holdings, Inc. - FORM 8-K - EX-99.1 - May 20, 2013

Attached files

Thryv Holdings, Inc. Reports