Attached files
| file | filename |
|---|---|
| 8-K - CURRENT REPORT OF MATERIAL EVENTS OR CORPORATE CHANGES - Thryv Holdings, Inc. | a15-16428_18k.htm |
Exhibit 99.1
OFFICE OF THE UNITED STATES TRUSTEE - REGION 3
POST-CONFIRMATION QUARTERLY SUMMARY REPORT - SUPERMEDIA, LLC
For the Reporting Period 4/1/2015 - 6/30/2015
This Report is to be submitted for all bank accounts that are presently maintained by the post confirmation debtor.
|
Debtor’s Name |
|
SuperMedia LLC |
| |
|
|
|
|
| |
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Beginning Cash Balance |
|
$ |
70,112,361 |
|
|
|
|
|
| |
|
All receipts received by the debtor |
|
|
| |
|
Cash Sales |
|
189,064,951 |
| |
|
Collection of Accounts Receivable |
|
— |
| |
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Proceeds from Litigation (settlement or otherwise) |
|
— |
| |
|
Sale of Debtor’s Assets |
|
4,632,073 |
| |
|
Capital Infusion pursuant to the Plan |
|
— |
| |
|
Total of cash received |
|
193,697,023 |
| |
|
|
|
|
| |
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Total of cash available |
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263,809,385 |
| |
|
|
|
|
| |
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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 |
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(183,281,792 |
) | |
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Total Disbursements |
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(183,281,792 |
) | |
|
|
|
|
| |
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Ending Cash Balance |
|
$ |
80,527,593 |
|
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: Clifford Wilson |
|
|
|
|
|
|
|
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Vice President and Assistant Treasurer |
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Title |
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|
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|
|
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July 29, 2015 |
|
|
Date |
|
UNITED STATES BANKRUPTCY COURT
DISTRICT OF DELAWARE
|
In Re: |
Chapter 11 |
|
SuperMedia LLC |
|
|
Debtor |
Reporting Period: April 1, 2015 to June 30, 2015 |
SuperMedia LLC
Balance Sheet ( $ Thousands )
06/30/2015
|
|
|
SuperMedia LLC |
|
|
Assets |
|
|
|
|
Current Assets: |
|
|
|
|
Cash and Cash Equivalents |
|
80,528 |
|
|
|
|
|
|
|
Current Notes Receivable - Affiliate |
|
3,057,945 |
|
|
|
|
|
|
|
Trade - Billed - Local |
|
76,254 |
|
|
Trade - Billed - National |
|
11,837 |
|
|
Trade - Billed - Subtotal |
|
88,091 |
|
|
Other Receivables |
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0 |
|
|
Affiliate Accounts Receivable |
|
13,555 |
|
|
Other Receivables - Subtotal |
|
13,555 |
|
|
Allowance for Doubtful Accounts |
|
(15,513 |
) |
|
|
|
|
|
|
Accounts Receivable (Net of Allowance) |
|
86,133 |
|
|
Unbilled Receivable |
|
122 |
|
|
Accrued Taxes Receivable |
|
0 |
|
|
Deferred Directory Costs |
|
65,803 |
|
|
|
|
|
|
|
Short Term Investments |
|
0 |
|
|
Interest Receivable |
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27,528 |
|
|
Deferred Income Tax Benefit |
|
0 |
|
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Total Prepayments |
|
772 |
|
|
Current Notes Receivable - Nonaffiliate |
|
0 |
|
|
Other Current Assets |
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3,593 |
|
|
Prepaid expenses and Other |
|
31,892 |
|
|
|
|
|
|
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Total Current Assets |
|
3,322,423 |
|
|
|
|
|
|
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Property, Plant, and Equipment |
|
51,886 |
|
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Accumulated Depreciation |
|
(35,337 |
) |
|
Fixed Assets & Computer Software, net |
|
16,550 |
|
|
Goodwill |
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0 |
|
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Intangible Assets, net |
|
147,632 |
|
|
Pensions |
|
0 |
|
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Deferred Tax Assets |
|
0 |
|
|
Debt Issuance Costs |
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0 |
|
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Other |
|
28,604 |
|
|
|
|
|
|
|
TOTAL ASSETS |
|
3,515,209 |
|
SuperMedia LLC
Balance Sheet ( $ Thousands )
06/30/2015
|
Liabilities & Stockholders Equity |
|
|
|
|
Current Liabilities: |
|
|
|
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Debt Maturing within one year |
|
0 |
|
|
|
|
|
|
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Accounts Payable - Nonaffiliate |
|
86 |
|
|
Accounts Payable - Affiliate |
|
260 |
|
|
Accounts Payables |
|
346 |
|
|
|
|
|
|
|
Accrued Payroll |
|
1,674 |
|
|
Accrued Payroll Taxes |
|
0 |
|
|
Accrued Vacation |
|
1,109 |
|
|
Accrued Medical and Other Insurance |
|
721 |
|
|
Additional Employee Compensation Plans |
|
1,450 |
|
|
Other Accrued Payroll Benefits |
|
294 |
|
|
Accrued Salaries & Wages |
|
5,248 |
|
|
|
|
|
|
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Accrued General Taxes |
|
11,680 |
|
|
Accrued Income Tax |
|
1,891 |
|
|
Unrecognized Tax Ben - Current (FIN48) |
|
0 |
|
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Accrued Taxes |
|
13,571 |
|
|
|
|
|
|
|
Accrued Other Liabilities |
|
3,495 |
|
|
Advanced Billing and Payments |
|
5,244 |
|
|
Other Curr Liab - Other |
|
9,620 |
|
|
Accounts Payable and Accrued Liabilities |
|
37,524 |
|
|
Accrued Interest - Nonaffiliate |
|
0 |
|
|
Deferred Revenue |
|
27,885 |
|
|
Current Deferred Income Taxes |
|
16,287 |
|
|
|
|
|
|
|
Total Current Liabilities and Current Maturity |
|
81,696 |
|
|
|
|
|
|
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Long Term Debt |
|
0 |
|
|
Employee Benefit Obligations |
|
23,633 |
|
|
Deferred Income Tax Liabilities |
|
73,598 |
|
|
Unrecognized Tax Ben - Noncurrent (FIN48) |
|
0 |
|
|
Other Noncurrent Liabilities |
|
1,266 |
|
|
|
|
|
|
|
Stockholder’s Equity (deficit): |
|
|
|
|
Minority Interest |
|
0 |
|
|
Common Stock |
|
3 |
|
|
Preferred Stock |
|
0 |
|
|
Additional Paid-in Capital |
|
306,519 |
|
|
Retained Earnings |
|
3,029,312 |
|
|
Accumulated Other Comp Income |
|
(816 |
) |
|
|
|
|
|
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Total Equity |
|
3,335,017 |
|
|
|
|
|
|
|
TOTAL LIABILITIES AND EQUITY |
|
3,515,209 |
|
|
SuperMedia |
|
|
Account |
|
06/30/15 |
|
|
STATE STREET TREASURY PLUS |
|
— |
|
|
SSGA SSLMMF |
|
37,910,645.94 |
|
|
BAML4420 |
|
— |
|
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BAML5138 |
|
— |
|
|
BAML5421 |
|
— |
|
|
BAML9078 |
|
440,367.90 |
|
|
JPMC2840 |
|
— |
|
|
JPMC4838 |
|
42,110,694.74 |
|
|
JPMC6202 |
|
— |
|
|
JPMC6620 |
|
|
|
|
JPMC6639 |
|
(90,145.70 |
) |
|
JPMC3096 |
|
— |
|
|
JPM_CON6922 |
|
— |
|
|
JPM_PAYS6930 |
|
— |
|
|
FR_LOC9437 |
|
3.00 |
|
|
FR_ADV2667 |
|
143,931.20 |
|
|
FR_LOC9429 |
|
12,098.47 |
|
|
Net adjustment for outstanding pmts |
|
(3.00 |
) |
|
Total Cash-in-bank (1) |
|
80,527,592.55 |
|
Note (1): All bank accounts are owned by SuperMedia, LLC. Cash balances reflect the receipts and disbursements of all legal entities.