Attached files
| file | filename |
|---|---|
| 8-K - CURRENT REPORT OF MATERIAL EVENTS OR CORPORATE CHANGES - Thryv Holdings, Inc. | a14-23207_18k.htm |
Exhibit 99.1
OFFICE OF THE UNITED STATES TRUSTEE - REGION 3
POST-CONFIRMATION QUARTERLY SUMMARY REPORT - SUPERMEDIA, LLC
For the Reporting Period 7/1/2014 - 9/30/2014
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 |
|
$ |
62,081,501 |
|
|
|
|
|
| |
|
All receipts received by the debtor |
|
|
| |
|
Cash Sales |
|
229,189,366 |
| |
|
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 |
|
229,189,366 |
| |
|
|
|
|
| |
|
Total of cash available |
|
291,270,867 |
| |
|
|
|
|
| |
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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 |
|
— |
| |
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Disbursements made pursuant to the administrative claims of bankruptcy professionals |
|
— |
| |
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All other disbursements made in the ordinary course |
|
(14,778,861 |
) | |
|
Total Disbursements |
|
(14,778,861 |
) | |
|
|
|
|
| |
|
Ending Cash Balance (1) |
|
$ |
276,492,007 |
|
Note (1): “Ending Cash Balance” presented here does not reflect cash in the bank.
Cash in the bank is $57,373,460 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 |
|
|
|
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|
|
|
October 27, 2014 |
|
|
Date |
|
UNITED STATES BANKRUPTCY COURT
DISTRICT OF DELAWARE
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In Re: |
|
Chapter 11 |
|
SuperMedia LLC |
|
|
|
Debtor |
|
Reporting Period:_July 1, 2014 to September 30, 2014 |
SuperMedia LLC
Balance Sheet ( $ Thousands )
9/30/2014
|
|
|
SuperMedia LLC |
|
|
Assets |
|
|
|
|
Current Assets: |
|
|
|
|
Cash and Cash Equivalents |
|
57,373 |
|
|
|
|
|
|
|
Current Notes Receivable - Affiliate |
|
2,373,985 |
|
|
|
|
|
|
|
Trade - Billed - Local |
|
89,903 |
|
|
Trade - Billed - National |
|
13,563 |
|
|
Trade - Billed - Subtotal |
|
103,466 |
|
|
Other Receivables |
|
0 |
|
|
Affiliate Accounts Receivable |
|
114,260 |
|
|
Other Receivables - Subtotal |
|
114,260 |
|
|
Allowance for Doubtful Accounts - Successor |
|
(18,613 |
) |
|
Allowance for Doubtful Accounts - Subtotal |
|
(18,613 |
) |
|
|
|
|
|
|
Accounts Receivable (Net of Allowance) |
|
199,113 |
|
|
Unbilled Receivable |
|
878 |
|
|
Accrued Taxes Receivable |
|
0 |
|
|
Deferred Directory Costs |
|
75,425 |
|
|
|
|
|
|
|
Short Term Investments |
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0 |
|
|
Interest Receivable |
|
22,049 |
|
|
Deferred Income Tax Benefit |
|
0 |
|
|
Total Prepayments |
|
604 |
|
|
Current Notes Receivable - Nonaffiliate |
|
0 |
|
|
Other Current Assets |
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5,898 |
|
|
Prepaid expenses and Other |
|
28,551 |
|
|
|
|
|
|
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Total Current Assets |
|
2,735,326 |
|
|
|
|
|
|
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Property, Plant, and Equipment |
|
3,092 |
|
|
Accumulated Depreciation |
|
(1,127 |
) |
|
Fixed Assets & Computer Software, net |
|
1,966 |
|
|
Goodwill |
|
0 |
|
|
Intangible Assets, net |
|
262,594 |
|
|
Pensions |
|
0 |
|
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Deferred Tax Assets |
|
0 |
|
|
Debt Issuance Costs |
|
0 |
|
|
Other |
|
235,319 |
|
|
|
|
|
|
|
TOTAL ASSETS |
|
3,235,204 |
|
UNITED STATES BANKRUPTCY COURT
DISTRICT OF DELAWARE
|
In Re: |
|
Chapter 11 |
|
SuperMedia LLC |
|
|
|
Debtor |
|
Reporting Period:_July 1, 2014 to September 30, 2014 |
SuperMedia LLC
Balance Sheet ( $ Thousands )
9/30/2014
|
Liabilities & Stockholders Equity |
|
|
|
|
Current Liabilities: |
|
|
|
|
Debt Maturing within one year |
|
0 |
|
|
|
|
|
|
|
Accounts Payable - Nonaffiliate |
|
2,351 |
|
|
Accounts Payable - Affiliate |
|
1,024 |
|
|
Accounts Payables |
|
3,376 |
|
|
|
|
|
|
|
Accrued Payroll |
|
923 |
|
|
Accrued Payroll Taxes |
|
0 |
|
|
Accrued Vacation |
|
595 |
|
|
Accrued Medical and Other Insurance |
|
187 |
|
|
Additional Employee Compensation Plans |
|
3,014 |
|
|
Other Accrued Payroll Benefits |
|
(275 |
) |
|
Accrued Salaries & Wages |
|
4,442 |
|
|
|
|
|
|
|
Accrued General Taxes |
|
8,942 |
|
|
Accrued Income Tax |
|
28,862 |
|
|
Unrecognized Tax Ben - Current (FIN48) |
|
0 |
|
|
Accrued Taxes |
|
37,804 |
|
|
|
|
|
|
|
Accrued Other Liabilities |
|
5,959 |
|
|
Advanced Billing and Payments |
|
5,076 |
|
|
Other Curr Liab - Other |
|
6,819 |
|
|
Accounts Payable and Accrued Liabilities |
|
63,475 |
|
|
Accrued Interest - Nonaffiliate |
|
0 |
|
|
Deferred Revenue |
|
34,537 |
|
|
Current Deferred Income Taxes |
|
26,405 |
|
|
|
|
|
|
|
Total Current Liabilities and Current Maturity |
|
124,416 |
|
|
|
|
|
|
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Long Term Debt |
|
0 |
|
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Employee Benefit Obligations |
|
27,532 |
|
|
Deferred Income Tax Liabilities |
|
122,190 |
|
|
Unrecognized Tax Ben - Noncurrent (FIN48) |
|
0 |
|
|
Other Noncurrent Liabilities |
|
70 |
|
|
|
|
|
|
|
Stockholder’s Equity (deficit): |
|
|
|
|
|
|
|
|
|
Minority Interest |
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0 |
|
|
Common Stock |
|
3 |
|
|
|
|
|
|
|
Preferred Stock |
|
0 |
|
|
Additional Paid-in Capital |
|
297,642 |
|
|
Retained Earnings |
|
2,663,063 |
|
|
Accumulated Other Comp Income |
|
288 |
|
|
|
|
|
|
|
Total Equity |
|
2,960,996 |
|
|
|
|
|
|
|
TOTAL LIABILITIES AND EQUITY |
|
3,235,204 |
|
|
SuperMedia Bank Account Balances |
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| |||
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Account |
|
09/30/14 |
| ||
|
STATE STREET TREASURY PLUS |
|
— |
| ||
|
SSGA SSLMMF |
|
37,885,127.68 |
| ||
|
BAML4420 |
|
— |
| ||
|
BAML5138 |
|
720,933.67 |
| ||
|
BAML5421 |
|
— |
| ||
|
BAML9078 |
|
455,194.08 |
| ||
|
JPMC2840 |
|
— |
| ||
|
JPMC4838 |
|
18,408,962.25 |
| ||
|
JPMC6202 |
|
— |
| ||
|
JPMC6620 |
|
|
| ||
|
JPMC6639 |
|
(97,945.31 |
) | ||
|
JPMC3096 |
|
— |
| ||
|
JPM_CON6922 |
|
— |
| ||
|
JPM_PAYS6930 |
|
— |
| ||
|
FRS_DAP |
|
1,188.00 |
| ||
|
Net adjustment for outstanding pmts |
|
— |
| ||
|
Total Cash-in-bank (1) |
|
57,373,460.37 |
| ||
Note (1): All bank accounts are owned by SuperMedia, LLC. Cash balances reflect the receipts and disbursements of all legal entities.