Attached files
| file | filename |
|---|---|
| 8-K - CURRENT REPORT OF MATERIAL EVENTS OR CORPORATE CHANGES - Thryv Holdings, Inc. | a14-18021_18k.htm |
Exhibit 99.1
OFFICE OF THE UNITED STATES TRUSTEE - REGION 3
POST-CONFIRMATION QUARTERLY SUMMARY REPORT - SUPERMEDIA, LLC
For the Reporting Period 4/1/2014 - 6/30/2014
This Report is to be submitted for all bank accounts that are presently maintained by the post confirmation debtor.
|
Debtor’s Name |
|
SuperMedia LLC |
| |
|
|
|
|
| |
|
Beginning Cash Balance |
|
$ |
79,598,921 |
|
|
|
|
|
| |
|
All receipts received by the debtor |
|
|
| |
|
Cash Sales |
|
233,652,536 |
| |
|
Collection of Accounts Receivable |
|
— |
| |
|
Proceeds from Litigation (settlement or otherwise) |
|
— |
| |
|
Sale of Debtor’s Assets |
|
— |
| |
|
Capital Infusion pursuant to the Plan |
|
— |
| |
|
Total of cash received |
|
233,652,536 |
| |
|
|
|
|
| |
|
Total of cash available |
|
313,251,457 |
| |
|
|
|
|
| |
|
Less all disbursements or payments (including payments made under the confirmed plan) made by the Debtor: |
|
|
| |
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Disbursements made under the plan, excluding the administrative claims of bankruptcy professionals |
|
— |
| |
|
Disbursements made pursuant to the administrative claims of bankruptcy professionals |
|
— |
| |
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All other disbursements made in the ordinary course |
|
(56,401,012 |
) | |
|
Total Disbursements |
|
(56,401,012 |
) | |
|
|
|
|
| |
|
Ending Cash Balance (1) |
|
$ |
256,850,445 |
|
Note (1): “Ending Cash Balance” presented here does not reflect cash in the bank. Cash in the bank is $62,081,501 net of intercompany payments.
Pursuant to 28 U.S.C. Section 1746(2), I hereby declare under penalty of perjury that the foregoing is true and correct to the best of my knowledge and belief.
|
/s/ Clifford E. Wilson |
|
|
Name |
|
|
|
|
|
|
|
|
Vice President and Assistant Treasurer |
|
|
Title |
|
|
|
|
|
|
|
|
July 29, 2014 |
|
|
Date |
|
UNITED STATES BANKRUPTCY COURT
DISTRICT OF DELAWARE
|
In Re: |
Chapter 11 |
|
SuperMedia LLC |
|
|
Debtor |
Reporting Period:_April 1, 2014 to June 30, 2014 |
SuperMedia LLC
Balance Sheet ( $ Thousands )
6/30/2014
|
|
|
SuperMedia LLC |
|
|
Assets |
|
|
|
|
Current Assets: |
|
|
|
|
|
|
|
|
|
Cash and Cash Equivalents |
|
62,082 |
|
|
|
|
|
|
|
Current Notes Receivable - Affiliate |
|
2,122,181 |
|
|
|
|
|
|
|
Trade - Billed - Local |
|
93,867 |
|
|
Trade - Billed - National |
|
19,453 |
|
|
Trade - Billed - Subtotal |
|
113,319 |
|
|
Other Receivables |
|
0 |
|
|
Affiliate Accounts Receivable |
|
195,530 |
|
|
Other Receivables - Subtotal |
|
195,530 |
|
|
Allowance for Doubtful Accounts - Successor |
|
(19,607 |
) |
|
Allowance for Doubtful Accounts - Subtotal |
|
(19,607 |
) |
|
|
|
|
|
|
Accounts Receivable (Net of Allowance) |
|
289,242 |
|
|
|
|
|
|
|
Unbilled Receivable |
|
982 |
|
|
|
|
|
|
|
Accrued Taxes Receivable |
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0 |
|
|
Deferred Directory Costs |
|
84,844 |
|
|
|
|
|
|
|
Short Term Investments |
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0 |
|
|
Interest Receivable |
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19,360 |
|
|
Deferred Income Tax Benefit |
|
0 |
|
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Total Prepayments |
|
1,130 |
|
|
Current Notes Receivable - Nonaffiliate |
|
0 |
|
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Other Current Assets |
|
5,897 |
|
|
Prepaid expenses and Other |
|
26,387 |
|
|
|
|
|
|
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Total Current Assets |
|
2,585,718 |
|
|
|
|
|
|
|
Property, Plant, and Equipment |
|
3,083 |
|
|
Accumulated Depreciation |
|
(923 |
) |
|
Fixed Assets & Computer Software, net |
|
2,160 |
|
|
|
|
|
|
|
Goodwill |
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0 |
|
|
|
|
|
|
|
Intangible Assets, net |
|
316,983 |
|
|
|
|
|
|
|
Pensions |
|
0 |
|
|
|
|
|
|
|
Deferred Tax Assets |
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0 |
|
|
|
|
|
|
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Debt Issuance Costs |
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0 |
|
|
Other |
|
222,657 |
|
|
|
|
|
|
|
TOTAL ASSETS |
|
3,127,518 |
|
UNITED STATES BANKRUPTCY COURT
DISTRICT OF DELAWARE
|
In Re: |
Chapter 11 |
|
SuperMedia LLC |
|
|
Debtor |
Reporting Period:_April 1, 2014 to June 30, 2014 |
SuperMedia LLC
Balance Sheet ( $ Thousands )
6/30/2014
|
Liabilities & Stockholders Equity |
|
|
|
|
Current Liabilities: |
|
|
|
|
|
|
|
|
|
Debt Maturing within one year |
|
0 |
|
|
|
|
|
|
|
Accounts Payable - Nonaffiliate |
|
2,563 |
|
|
Accounts Payable - Affiliate |
|
0 |
|
|
Accounts Payables |
|
2,563 |
|
|
|
|
|
|
|
Accrued Payroll |
|
1,461 |
|
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Accrued Payroll Taxes |
|
0 |
|
|
Accrued Vacation |
|
876 |
|
|
Accrued Medical and Other Insurance |
|
82 |
|
|
Additional Employee Compensation Plans |
|
3,321 |
|
|
Other Accrued Payroll Benefits |
|
(6 |
) |
|
Accrued Salaries & Wages |
|
5,735 |
|
|
|
|
|
|
|
Accrued General Taxes |
|
8,707 |
|
|
Accrued Income Tax |
|
27,332 |
|
|
Unrecognized Tax Ben - Current (FIN48) |
|
0 |
|
|
Accrued Taxes |
|
36,039 |
|
|
|
|
|
|
|
Accrued Other Liabilities |
|
2,456 |
|
|
Advanced Billing and Payments |
|
5,323 |
|
|
Other Curr Liab - Other |
|
8,693 |
|
|
Accounts Payable and Accrued Liabilities |
|
60,809 |
|
|
|
|
|
|
|
Accrued Interest - Nonaffiliate |
|
0 |
|
|
|
|
|
|
|
Deferred Revenue |
|
42,183 |
|
|
|
|
|
|
|
Current Deferred Income Taxes |
|
26,405 |
|
|
|
|
|
|
|
Total Current Liabilities and Current Maturity |
|
129,397 |
|
|
|
|
|
|
|
Long Term Debt |
|
0 |
|
|
|
|
|
|
|
Employee Benefit Obligations |
|
55,545 |
|
|
|
|
|
|
|
Deferred Income Tax Liabilities |
|
123,871 |
|
|
|
|
|
|
|
Unrecognized Tax Ben - Noncurrent (FIN48) |
|
0 |
|
|
|
|
|
|
|
Other Noncurrent Liabilities |
|
0 |
|
|
|
|
|
|
|
Stockholder’s Equity (deficit): |
|
|
|
|
Minority Interest |
|
0 |
|
|
|
|
|
|
|
Common Stock |
|
3 |
|
|
Preferred Stock |
|
0 |
|
|
|
|
|
|
|
Additional Paid-in Capital |
|
297,642 |
|
|
|
|
|
|
|
Retained Earnings |
|
2,520,772 |
|
|
|
|
|
|
|
Accumulated Other Comp Income |
|
288 |
|
|
|
|
|
|
|
Total Equity |
|
2,818,704 |
|
|
|
|
|
|
|
TOTAL LIABILITIES AND EQUITY |
|
3,127,518 |
|
|
SuperMedia |
|
|
Account |
|
06/30/14 |
|
|
STATE STREET TREASURY PLUS |
|
— |
|
|
SSGA SSLMMF |
|
37,878,066.00 |
|
|
BAML4420 |
|
— |
|
|
BAML5138 |
|
722,312.00 |
|
|
BAML5421 |
|
— |
|
|
BAML9078 |
|
460,378.00 |
|
|
JPMC2840 |
|
194.45 |
|
|
JPMC4838 |
|
23,112,991.00 |
|
|
JPMC6202 |
|
— |
|
|
JPMC6620 |
|
|
|
|
JPMC6639 |
|
(92,440.48 |
) |
|
JPMC3096 |
|
— |
|
|
JPM_CON6922 |
|
— |
|
|
JPM_PAYS6930 |
|
— |
|
|
Net adjustment for outstanding pmts |
|
— |
|
|
Total Cash-in-bank (1) |
|
62,081,500.97 |
|
Note (1): All bank accounts are owned by SuperMedia, LLC. Cash balances reflect the receipts and disbursements of all legal entities.