/raid1/www/Hosts/bankrupt/TCR_Public/050430.mbx        T R O U B L E D   C O M P A N Y   R E P O R T E R

           Saturday, April 30, 2005, Vol. 9, No. 101

                          Headlines

ADELPHIA COMMS: Posts $23.9 Million Net Loss in March 2005
ADELPHIA: Century/ML's March 2005 Monthly Operating Report
COVANTA WTE: Earns $672,010 of Net Income in February 2005
HAWAIIAN AIRLINES: Reports $1.9 Million Net Loss in March 2005
OWENS CORNING: Posts $7.8 Million Net Loss in February 2005

TORCH OFFSHORE: Posts $4.6 Million Net Loss in March 2005
WINN-DIXIE: Crackin' Good Inc. Files Schedules of Assets & Debts
WINN-DIXIE: Deep South Products' Schedules of Assets & Debts
WINN-DIXIE: Dixie Packers Inc.'s Schedules Of Assets & Liabilities
WINN DIXIE: Dixie Spirits Inc.'s Schedules of Assets & Liabilities

WINN-DIXIE: Logistics Inc.'s Schedules of Assets & Liabilities
WINN-DIXIE: Procurement Inc.'s Schedules of Assets & Liabilities
WINN-DIXIE: Table Supply Food's Schedules of Assets & Liabilities
WINN-DIXIE: Other Debtors' Schedules of Assets & Liabilities

                          *********

ADELPHIA COMMS: Posts $23.9 Million Net Loss in March 2005
----------------------------------------------------------

            Adelphia Communications Corporation, et al.
                Unaudited Consolidated Balance Sheet
                        As of March 31, 2005
                       (Dollars in thousands)

                               ASSETS

Cash and cash equivalents                              $315,288
Restricted cash                                          28,656
Accounts receivables - net                               88,812
Other current assets                                    175,066
                                                    -----------
Total current assets                                    607,822

Restricted cash                                           3,087
Investments in equity affiliates                        226,506
Related party receivables                                29,986
Property, plant and equipment - net                   4,251,285
Intangible assets - net                               7,437,778
Other noncurrent assets - net                           119,320
                                                    -----------
Total Assets                                        $12,675,784
                                                    ===========

                LIABILITIES AND STOCKHOLDERS' EQUITY

Accounts payable                                       $112,518
Subscriber advance payments and deposits                 29,295
Accrued and other liabilities                           442,210
Deferred revenue                                         28,027
Current portion of parent and subsidiary debt           636,426
                                                    -----------
Total current liabilities                             1,248,476

Other liabilities                                       118,534
Deferred revenue                                         80,307
Deferred income taxes                                   697,626
                                                    -----------
Total noncurrent liabilities                            896,467

Liabilities subject to compromise                    18,352,744
                                                    -----------
Total liabilities                                    20,497,687

Minority interests                                       88,917

Stockholders' equity:
    Series preferred stock                                  397
    Class A and Class B common stock                      2,548
    Additional paid-in capital                        9,567,026
    Accumulated other comprehensive loss                    801
    Accumulated deficit                             (16,678,198)
    Treasury stock, at cost                             (27,937)
                                                    -----------
Total                                                (7,135,363)

Amounts due from Rigas family entities                 (775,457)
                                                    -----------
Total stockholders' equity                           (7,910,820)
                                                    -----------
Total liabilities and stockholders' equity          $12,675,784
                                                    ===========


             Adelphia Communications Corporation, et al.
           Unaudited Consolidated Statements of Operations
                     Month Ended March 31, 2005
                       (Dollars in thousands)

Revenue                                                $344,748
Cost and expenses:
    Direct operating and programming                    220,734
    Selling, general and administrative                  16,360
    Investigation and re-audit fees                       6,422
    Depreciation and amortization                        78,938
    Impairment of long-lived and other assets                 -
    Gains on dispositions of long-lived assets             (806)
                                                    -----------
Operating income (loss)                                  23,100

Other income (expense):
    Interest expense                                    (41,194)
    Impairment of cost & available for sale investment        -
    Other income (expense) - net                            962
                                                    -----------
       Total other expense - net                        (40,232)
                                                    -----------
Loss from continuing operations before
reorganization                                          (17,132)

Reorganization expenses due to bankruptcy                (6,732)
                                                    -----------
Loss from continuing operations before income taxes     (23,864)
Income tax (expense) benefit                                  -
Share of losses of equity affiliates - net                 (484)
Minority's interest in subsidiary losses - net              493
                                                    -----------
Net loss                                                (23,855)
Beneficial conversion feature                                 -
                                                    -----------
Net loss applicable to common stockholders             ($23,855)
                                                    ===========


             Adelphia Communications Corporation, et al.
           Unaudited Consolidated Statements of Cash Flows
                     Month Ended March 31, 2005
                       (Dollars in thousands)

Cash flows from operating activities:
    Net loss                                            ($23,855)
    Adjustments to reconcile net loss to net cash
    provided by (used in) operating activities:
       Depreciation and amortization                      78,938
       Gains on dispositions of long-lived assets           (806)
       Amortization of debt financing costs                4,795
       Impairment of cost & available for sale investments     -
       Reorganization expenses due to bankruptcy           6,732
       Deferred tax expense (benefit)                          -
       Share in losses of equity affiliates - net            484
       Minority interest in losses of subsidiaries          (493)
       Depreciation, amortization and other non-cash
          items from discontinued operations                   -
       Change in operating assets & liabilities          (65,931)
                                                     -----------
Net cash provided by operating activities before
payment of reorganization expenses                          (136)

Reorganization expenses paid during the period            (6,887)
                                                     -----------
Net cash provided by (used in) operating activities       (7,023)

Cash flows from investing activities:
    Expenditures for property, plant and equipment       (45,081)
    Changes in restricted cash                           (23,474)
    Other                                                   (484)
                                                     -----------
Net cash used in investing activities                    (69,039)

Cash flows from financing activities:
    Proceeds from DIP facilities                          25,000
    Repayments of debt                                    (1,422)
    Payment of bank financing costs                         (178)
                                                     -----------
Net cash provided by financing activities                 23,400

Change in cash and cash equivalents cash                 (52,662)

Cash, beginning of period                                367,950
                                                     -----------
Cash, end of period                                     $315,288
                                                     ===========

Headquartered in Coudersport, Pennsylvania, Adelphia
Communications Corporation (OTC: ADELQ) is the fifth-largest cable
television company in the country.  Adelphia serves customers in
30 states and Puerto Rico, and offers analog and digital video
services, high-speed Internet access and other advanced services
over its broadband networks.  The Company and its more than
200 affiliates filed for Chapter 11 protection in the Southern
District of New York on June 25, 2002.  Those cases are jointly
administered under case number 02-41729.  Willkie Farr & Gallagher
represents the ACOM Debtors.  (Adelphia Bankruptcy News, Issue
No. 90; Bankruptcy Creditors' Service, Inc., 215/945-7000)


ADELPHIA: Century/ML's March 2005 Monthly Operating Report
----------------------------------------------------------

                      Century-ML Cable Venture
                       (Debtor-In-Possession)
                      Unaudited Balance Sheet
                       As of March 31, 2005
                       (Dollars in thousands)

                                ASSETS

Cash and cash equivalents                               $18,877
Subscriber receivables, net                                 216
Investment in Century-ML Corporation                    139,151
Related-party receivables                                   231
Other current assets                                        289
                                                       --------
Total current assets                                    158,764

Property, plant and equipment, net                        6,003
Intangible assets, net                                    1,528
                                                       --------
Total Assets                                           $166,295
                                                       ========

               LIABILITIES AND STOCKHOLDERS' EQUITY

Subscriber advance payments and deposits                    $85
Accrued expenses and other liabilities                    2,033
Intercompany payables                                     2,573
                                                       --------
Total current liabilities                                 4,691
                                                       --------

Long-term accrued and other liabilities                      13
Deferred revenues                                           139
Deferred income taxes                                        45
                                                       --------
Total non-current liabilities                               197

Liabilities subject to compromise:
     Accounts payable                                        20
     Accrued expenses and other liabilities               1,281
     Intercompany payables                               10,872
                                                       --------
        Total liabilities subject to compromise          12,173
                                                       --------
        Total liabilities                                17,061
                                                       --------
Partners' equity:
     Partners' contributions                             56,800
     Partners' retained earnings                         92,434
                                                       --------
     Total partners' equity                             149,234
                                                       --------
Total Liabilities and Partners' Equity                 $166,295
                                                       ========


                      Century-ML Cable Venture
                       (Debtor-In-Possession)
                  Unaudited Statement of Operations
                 For the Month Ended March 31, 2005
                       (Dollars in thousands)

Revenue                                                  $1,079

Cost and expenses:
     Direct operating and programming                       505
     Selling, general and administrative                     29
     Management fees                                         37
     Non-recurring professional fees                          -
     Depreciation                                            56
                                                       --------
     Operating income before reorganization
        expenses due to bankruptcy                          452

Reorganization expenses due to bankruptcy                    72
                                                       --------
Operating income                                            380
     Interest income, net                                    21
     Equity in net income of Century-ML Cable
        Corporation, net of taxes                         1,267
                                                       --------
Income before income taxes                                1,668
     Income tax expense                                    (159)
                                                       --------
Net income                                               $1,509
                                                       ========


                      Century-ML Cable Venture
                       (Debtor-In-Possession)
                  Unaudited Statement of Cash Flows
                 For the Month Ended March 31, 2005
                       (Dollars in thousands)

Cash flow from operating activities:
Net income                                               $1,509
     Adjustments to reconcile net income
         to net cash provided by (used in)
         operating activities:
     Depreciation                                            56
     Reorganization expenses due to bankruptcy               72
     Non-recurring professional fees                          -
     Equity in net income of Century-ML Cable
        Corp., net of taxes                              (1,267)
     Change in assets and liabilities:
        Subscriber receivables, net                         (52)
        Prepaid expenses and other assets, net              (49)
        Accounts payable                                    (12)
        Subscriber advance payments and deposits            (13)
        Accrued expenses and other liabilities              171
        Intercompany receivables and payables - net         149
                                                       --------
Net cash provided by operating activities                   564
                                                       --------
Cash flows from investing activities:
     Expenditures from property, plant and equipment       (126)
                                                       --------
Net cash used in investing activities                      (126)
                                                       --------
Change in cash and cash equivalents                         438
Cash and cash equivalents, beginning of period           17,953
                                                       --------
Cash and cash equivalents, end of period                $18,391
                                                       ========

Headquartered in Coudersport, Pennsylvania, Adelphia
Communications Corporation (OTC: ADELQ) is the fifth-largest cable
television company in the country.  Adelphia serves customers in
30 states and Puerto Rico, and offers analog and digital video
services, high-speed Internet access and other advanced services
over its broadband networks.  The Company and its more than
200 affiliates filed for Chapter 11 protection in the Southern
District of New York on June 25, 2002.  Those cases are jointly
administered under case number 02-41729.  Willkie Farr & Gallagher
represents the ACOM Debtors.  (Adelphia Bankruptcy News, Issue
No. 90; Bankruptcy Creditors' Service, Inc., 215/945-7000)


COVANTA WTE: Earns $672,010 of Net Income in February 2005
----------------------------------------------------------

The Remaining WTE Debtors are:

      -- Covanta Warren Energy Resource Co., L.P.,
      -- Covanta Warren Holdings I, Inc., and
      -- Covanta Warren Holdings II, Inc.

                           WTE Debtors
                    Consolidated Balance Sheet
                      As of February 28, 2005

                              ASSETS

Cash                                                   $553,472
Inventory                                                     -
Accounts receivable                                  13,740,979
Land                                                          -
Machinery, fixtures and equipment                    46,912,977
Restricted funds                                        234,065
Other current assets                                    168,143
Other assets                                            109,081
                                                   ------------
Total assets                                        $61,718,717
                                                   ============

               LIABILITIES AND SHAREHOLDERS' EQUITY

Liabilities:

Postpetition Liabilities:
Subject to postpetition collateral
   or financing order                                         -
Advances from parent and affiliates                  $7,382,953
Accounts payable and other liabilities                2,821,887
                                                   ------------
Total postpetition liabilities                       10,204,840

Prepetition Liabilities:
Project Debt                                         18,993,666
Advances from parent and affiliates                  26,235,087
Liabilities Subject to Compromise                     1,825,969
Taxes/Others                                                  -
                                                   ------------
Total Prepetition Liabilities                        47,054,722
                                                   ------------

Equity:
Capital stock                                                 -
Capital surplus                                               -
Retained earnings - prepetition                       8,343,700
Retained earnings - postpetition                     (3,884,545)
                                                   ------------
Total Equity                                          4,459,155
                                                   ------------
Total Liabilities and Equity                        $61,718,717
                                                   ============


                           WTE Debtors
              Consolidated Statements of Operations
              From February 1 to February 28, 2005

INCOME:
Service, electric and construction revenue           $1,570,487
Waste-to-Energy project debt revenue                    400,562
                                                   ------------
   Total Income                                       1,971,049

EXPENSES:
Operating and construction costs                        926,035
Waste-to-Energy project debt expense                    103,254
Depreciation and amortization expense                   189,750
Other - Net                                                   -
Cost allocations from parent & affiliates                80,000
Gain on sale of businesses                                    -
                                                   ------------
   Total Expenses                                     1,299,039
                                                   ------------
NET OPERATING PROFIT/(LOSS)                             672,010

Non-Operating Income/(Expense)
Reorganization costs                                          -
                                                   ------------
Total Non-Operating Income (Expense)                          -
Income Taxes                                                  -
Income before cumulative effect of accounting,
     Change                                             672,010
                                                   ------------
NET INCOME                                             $672,010
                                                   ============


                           WTE Debtors
                Consolidated Cash Flow Statements
              From February 1 to February 28, 2005

Net income                                             $672,010
Depreciation and amortization                           189,750
Receivables                                          (1,814,533)
Other assets                                             21,055
Payables and accrued expenses                           722,496
Other liabilities                                        (2,497)
Property, plant and equipment expenditures             (123,309)
Restricted funds, net                                    29,019
(Repayments) issuance of debt, net                            -
Advances from parents & affiliates                      (35,106)
                                                   ------------
                                                       (341,115)

Cash, beginning balance                                 894,587
                                                   ------------
Cash, ending balance                                   $553,472
                                                   ============

Headquartered in Fairfield, New Jersey, Covanta Energy Corporation
-- http://www.covantaenergy.com/-- is a publicly traded holding
company whose subsidiaries develop, own or operate power
generation facilities and water and wastewater facilities in the
United States and abroad.  The Company filed for Chapter 11
protection on April 1, 2002 (Bankr. S.D.N.Y. Case No. 02-40826).
Deborah M. Buell, Esq., and James L. Bromley, Esq., at Cleary,
Gottlieb, Steen & Hamilton, represent the Debtors in their
restructuring efforts.  When the Debtors filed for protection from
their creditors, they listed $3,280,378,000 in assets and
$3,031,462,000 in liabilities.  On March 10, 2004, Covanta Energy
Corporation and its core subsidiaries emerged from chapter 11 as a
wholly owned subsidiary of Danielson Holding Corporation.  Some of
Covanta's non-core subsidiaries have liquidated under separate
chapter 11 plans. (Covanta Bankruptcy News, Issue No. 77;
Bankruptcy Creditors' Service, Inc., 215/945-7000)


HAWAIIAN AIRLINES: Reports $1.9 Million Net Loss in March 2005
--------------------------------------------------------------
On April 20, 2005, Hawaiian Airlines, the sole operating
subsidiary of Hawaiian Holdings, Inc., filed its unaudited March
2005 Monthly Operating Report with the United States Bankruptcy
Court for the District of Hawaii.

The carrier reported a net loss for the period of $1,954,000 on
$69,725,000 of revenues, compared to a net loss of $1,905,000 on
$56,777,000 revenues in February 2005.

At March 31, 2005, Hawaiian Airlines' balance sheet showed:

      Total Current Assets        $262,603,000
      Total Assets                 382,719,000
      Total Current Liabilities    242,277,000
      Total Liabilities            450,624,000
      Liabilities Subject
         to Compromise             214,544,000
      Shareholder's Deficit       $282,449,000

A full-text copy of Hawaiian Airlines' March 2005 Monthly
Operating Report is available at no charge at:


http://www.sec.gov/Archives/edgar/data/1172222/000095013605002250/file002.htm

On March 21, 2003, Hawaiian Airlines, Inc., filed a voluntary
petition for reorganization under chapter 11 of the United States
Bankruptcy Code in the U.S. Bankruptcy Court for the District of
Hawaii (Case No. 03-00827).  Joshua Gotbaum serves as the chapter
11 trustee for Hawaiian Airlines, Inc.  Mr. Gotbaum is represented
by Tom E. Roesser, Esq., and Katherine G. Leonard at Carlsmith
Ball LLP and Bruce Bennett, Esq., Sidney P. Levinson, Esq., Joshua
D. Morse, Esq., and John L. Jones, II, Esq., at Hennigan, Bennett
& Dorman LLP.  The Bankruptcy Court confirmed the Chapter 11
Trustee's Plan of Reorganization on March 10, 2005.


OWENS CORNING: Posts $7.8 Million Net Loss in February 2005
-----------------------------------------------------------
                   Owens Corning and Subsidiaries
                     Consolidated Balance Sheets
                       As of February 28, 2005
                           (In Thousands)

Current Assets:
    Cash and cash equivalents                          $676,574
    Receivables                                         355,365
    Receivables-Inter-company                           977,603
    Inventories                                         212,232
    Insurance for Asbestos Litigation Claims                  0
    Deferred Income Taxes                                   484
    Income Tax Receivable                                 3,325
    Other Current Assets                                 21,108
                                                     ----------
Total Current Assets                                 $2,246,691

Other Assets:
    Insurance for Asbestos Litigation Claims              4,220
    Restricted Cash                                     188,035
    Restricted cash and securities                            0
    Deferred Income Taxes                               948,620
    Goodwill                                             48,568
    Investment in Affiliates                             30,565
    Investment in Subsidiaries                        2,022,050
    Notes Receivable - Intercompany                       5,270
    Other Non-current Assets                            473,687
                                                     ----------
Total Other Assets                                    3,721,015

Plant & Equipment:
    Land                                                 35,665
    Buildings & Leasehold Improvements                  554,783
    Machinery & Equipment                             2,168,114
    Construction in Progress                             89,623
    Less: Accumulated Depreciation                    1,569,554
                                                     ----------
Net Plant and Equipment                               1,278,631
                                                     ----------
TOTAL ASSETS                                         $7,246,337
                                                     ==========

Liabilities not Subject to Compromise:
    Accounts Payable & Accrued Liabilities              542,965
    Inter-company Liabilities                           915,722
    Short-term debt                                           0
    Long-term debt - current portion                        913
                                                     ----------
Total Current Liabilities                             1,459,600

Long-Term Debt                                            7,155
Other Employee Benefits Liability                       210,900
Pension Plan Liability                                  617,473
Other Liability                                         144,954
                                                     ----------
Total Non-Current Liabilities                           973,327
                                                     ----------
Total Postpetition Liabilities                        2,440,082

Prepetition Liabilities:
    Accounts Payable and Accrued Liabilities            261,909
    Other Employee Benefits Liability                   204,204
    Pension Plan Liability                                    0
    Debt-US Bank Credit Facility                      1,450,986
    Debt-Bonds & Other                                1,507,171
    Asbestos-Related Liability                        2,731,188
    Inter-company                                     2,452,666
    Other                                                     0
                                                     ----------
Total Prepetition Liabilities                         8,608,124
Total Liabilities                                    11,048,206
Minority Interest                                             0

Stockholder's Equity:
    Common Stock                                        697,298
    Retained Earnings (Deficit)                      (4,139,294)
    Accumulated Comprehensive Income (Loss)              (4,922)
    Other                                              (354,951)
                                                     ----------
Net Stockholder's Equity                             (3,801,869)
                                                     ----------
TOTAL LIABILITIES & STOCKHOLDER'S EQUITY             $7,246,337
                                                     ==========


                   Owens Corning and Subsidiaries
                Consolidated Statements of Operations
                For the Month Ended February 28, 2005
                           (In Thousands)

Net sales                                              $300,679
Cost of Sales                                           251,334
                                                     ----------
Gross Margin                                             49,345

Operating Expenses:
    Marketing and Administrative Expenses                27,301
    Science and Technology Expenses                       1,959
    Provision for Asbestos Litigation Claims                  0
    Insider Compensation                                    805
    Restructure Costs                                         0
    Other Expenses                                        7,718
                                                     ----------
Income (Loss) from Operations                            11,562

Other Expenses:
    Cost of Borrowed Funds                                  253
    Other                                                     0
                                                     ----------
Income (Loss) Before Reorganization Items                11,309

Reorganization Items:
    Professional Fees                                    11,205
    U.S. Trustee Quarterly Fees                             (14)
    Interest Earned on Accumulated Cash from Chapter 11    (605)
    (Gain) Loss from sale of equipment                        0
    (Gain) Loss from Settlement of Liabilities                0
    Other Reorganization Expenses                         4,150
                                                     ----------
Total Reorganization Expenses                            14,736
                                                     ----------
Income (Loss) Before Income Taxes                        (3,427)

Provision (credit) for Income Tax                         4,301
                                                     ----------
Income (Loss) Before Minority Interest and
    Equity in Net Income (Loss) of Affiliates            (7,728)
Minority interest                                             0
Equity in net income (loss) of affiliates                   (97)
                                                     ----------
Net Income (Loss)                                       ($7,825)
                                                     ==========


                   Owens Corning and Subsidiaries
      Consolidated Statements of Cash Receipts & Disbursements
               For the Month Ended February 28, 2005
                           (In Thousands)


Cash, Beginning of Month                               $653,808

Receipts:
    Customer Receipts                                   286,377
    Inter-company Sales                                   5,116
    Loans and Advances                                        0
    Sale of Assets                                            0
    Other Receipts                                        5,189
    Inter-company Transfers                              79,059
    Transfers from DIP                                  178,044
                                                     ----------
Total Receipts                                         $553,785

Disbursements:
    Net Payroll                                          30,346
    Payroll Taxes                                             4
    Sales Use & Other Taxes                               5,765
    Inventory Purchases                                 101,700
    Insurance                                             1,464
    Administrative & Selling                             52,750
    Other                                                89,346
    Inter-company Transfers                              67,013
    Transfers to DIP                                    178,044
    Professional Fees                                     4,601
    U.S. Trustee Quarterly Fees                             (14)
    Court costs                                               0
    Adjustment                                                0
                                                     ----------
Total Disbursements                                    $531,019

Net Cash Flow                                            22,766
                                                     ----------
Cash -- End of Month                                   $676,574
                                                     ==========

Headquartered in Toledo, Ohio, Owens Corning --
http://www.owenscorning.com/-- manufactures fiberglass
insulation, roofing materials, vinyl windows and siding, patio
doors, rain gutters and downspouts.  The Company filed for chapter
11 protection on October 5, 2000 (Bankr. Del. Case. No. 00-03837).
Mark S. Chehi, Esq., at Skadden, Arps, Slate, Meagher & Flom,
represents the Debtors in their restructuring efforts.  At Sept.
30, 2004, the Company's balance sheet shows $7.5 billion in assets
and a $4.2 billion stockholders' deficit.  The company reported
$132 million of net income in the nine-month period ending Sept.
30, 2004.  (Owens Corning Bankruptcy News, Issue No. 105;
Bankruptcy Creditors' Service, Inc., 215/945-7000)


TORCH OFFSHORE: Posts $4.6 Million Net Loss in March 2005
---------------------------------------------------------
On April 27, 2005, Torch Offshore, Inc., and its wholly owned
subsidiaries, Torch Offshore, L.L.C., and Torch Express, L.L.C.,
filed their monthly operating reports for the period March 1,
2005, through March 31, 2005, with the U.S. Bankruptcy Court for
the Eastern District of Louisiana.

Torch Offshore, Inc., reported a $4,568,309 net loss in
$1,126,942 of total revenues for the period from March 1, 2005,
through March 31, 2005.

At March 31, 2005, Torch Offshore, Inc.'s balance sheet showed:

      Current Assets                         $149,768,511.78
      Total Assets                            172,580,414.21
      Total Postpetition Liabilities           10,336,480.41
      Total Liabilities                       137,767,144.11
      Total Stockholders' Equity              $34,813,270.10

A full-text copy of their Monthly Operating Reports for the period
ended March 31, 2005, are available at no charge at:

Torch Offshore, Inc.:


http://www.sec.gov/Archives/edgar/data/1129650/000095012905004140/h24677exv99w1.txt

Torch Offshore, L.L.C.:


http://www.sec.gov/Archives/edgar/data/1129650/000095012905004140/h24677exv99w2.txt

Torch Express, L.L.C.:


http://www.sec.gov/Archives/edgar/data/1129650/000095012905004140/h24677exv99w3.txt

Headquartered in Gretna, Louisiana, Torch Offshore, Inc., provides
integrated pipeline installation, sub-sea construction and support
services to the offshore oil and gas industry, primarily in the
Gulf of Mexico.  The Company and its debtor-affiliates filed for
chapter 11 protection (Bankr. E.D. La. Case No. 05-10137) on
Jan. 7, 2005.  Jan Marie Hayden, Esq., at Heller, Draper, Hayden,
Patrick & Horn, L.L.C., and Lawrence A. Larose, Esq., at King &
Spalding LLP, represent the Debtors in their restructuring
efforts.  When the Debtors filed for protection from their
creditors, they listed $201,692,648 in total assets and
$145,355,898 in total debts.


WINN-DIXIE: Crackin' Good Inc. Files Schedules of Assets & Debts
----------------------------------------------------------------

A.     Real Property                                          -

B.     Personal Property
B.15   Accounts Receivable
          Vendor Receivables                           $133,730
          Reserve Allocation                            (81,556)
          Intercompany Receivable                     7,950,267
B.33   Others                                             2,520


       TOTAL SCHEDULED ASSETS                        $8,004,961
       ========================================================

C.     Property Claimed as Exempt                             -

D.     Secured Claims                              unliquidated

E.     Unsecured Priority Claims                   unliquidated

F.     Unsecured Non-Priority Claims
          Wilmington Trust Company                 $310,500,000
          Accounts Payable                               40,995


       TOTAL SCHEDULED LIABILITIES                 $310,540,995
       ========================================================

Headquartered in Jacksonville, Florida, Winn-Dixie Stores, Inc. --
http://www.winn-dixie.com/-- is one of the nation's largest food
retailers.  The Company operates stores across the Southeastern
United States and in the Bahamas and employs approximately 90,000
people.  The Company, along with 23 of its U.S. subsidiaries,
filed for chapter 11 protection on Feb. 21, 2005 (Bankr. S.D.N.Y.
Case No. 05-11063). D.J. Baker, Esq., at Skadden Arps Slate
Meagher & Flom LLP, and Sarah Robinson Borders, Esq., and Brian C.
Walsh, Esq., at King & Spalding LLP, represent the Debtors in
their restructuring efforts.  When the Debtors filed for
protection from their creditors, they listed $2,235,557,000 in
total assets and $1,870,785,000 in total debts.  (Winn-Dixie
Bankruptcy News, Issue No. 11; Bankruptcy Creditors' Service,
Inc., 215/945-7000)


WINN-DIXIE: Deep South Products' Schedules of Assets & Debts
------------------------------------------------------------

A.     Real Property                                          -

B.     Personal Property
B.12   Stock Interests                                  unknown
B.15   Accounts Receivable
          Vendor Receivables                           $855,347
          Reserve Allocation                            (54,791)
B.23   Vehicles and Accessories                           2,359
B.27   Machinery                                      5,453,223
B.28   Inventory                                      7,681,578
B.33   Others
          Construction In Progress                      128,458
          Leasehold Improvements                        110,416
          Prepaid Maintenance                             2,201
          Prepaid Rent                                    9,442


       TOTAL SCHEDULED ASSETS                       $14,188,235
       ========================================================

C.     Property Claimed as Exempt                             -

D.     Secured Claims                              unliquidated

E.     Unsecured Priority Claims                   unliquidated

F.     Unsecured Non-Priority Claims
          Wilmington Trust Company                 $310,500,000
          Accounts Payable                            4,306,966
          Intercompany Payable                        5,138,307


       TOTAL SCHEDULED LIABILITIES                 $319,945,274
       ========================================================

Headquartered in Jacksonville, Florida, Winn-Dixie Stores, Inc. --
http://www.winn-dixie.com/-- is one of the nation's largest food
retailers.  The Company operates stores across the Southeastern
United States and in the Bahamas and employs approximately 90,000
people.  The Company, along with 23 of its U.S. subsidiaries,
filed for chapter 11 protection on Feb. 21, 2005 (Bankr. S.D.N.Y.
Case No. 05-11063). D.J. Baker, Esq., at Skadden Arps Slate
Meagher & Flom LLP, and Sarah Robinson Borders, Esq., and Brian C.
Walsh, Esq., at King & Spalding LLP, represent the Debtors in
their restructuring efforts.  When the Debtors filed for
protection from their creditors, they listed $2,235,557,000 in
total assets and $1,870,785,000 in total debts.  (Winn-Dixie
Bankruptcy News, Issue No. 11; Bankruptcy Creditors' Service,
Inc., 215/945-7000)


WINN-DIXIE: Dixie Packers Inc.'s Schedules Of Assets & Liabilities
------------------------------------------------------------------

A.     Real Property                                          -

B.     Personal Property
B.15   Accounts Receivable
          Accounts Receivable                           $90,555
          Reserve Allocation                            (26,932)
          Intercompany Receivable                       910,049
B.33   Others                                         1,000,000


       TOTAL SCHEDULED ASSETS                        $1,973,671
       ========================================================

C.     Property Claimed as Exempt                             -

D.     Secured Claims                              unliquidated

E.     Unsecured Priority Claims                   unliquidated

F.     Unsecured Non-Priority Claims
          Wilmington Trust Company                 $310,500,000
          Accounts Payable                                  757


       TOTAL SCHEDULED LIABILITIES                 $310,500,757
       ========================================================

Headquartered in Jacksonville, Florida, Winn-Dixie Stores, Inc. --
http://www.winn-dixie.com/-- is one of the nation's largest food
retailers.  The Company operates stores across the Southeastern
United States and in the Bahamas and employs approximately 90,000
people.  The Company, along with 23 of its U.S. subsidiaries,
filed for chapter 11 protection on Feb. 21, 2005 (Bankr. S.D.N.Y.
Case No. 05-11063). D.J. Baker, Esq., at Skadden Arps Slate
Meagher & Flom LLP, and Sarah Robinson Borders, Esq., and Brian C.
Walsh, Esq., at King & Spalding LLP, represent the Debtors in
their restructuring efforts.  When the Debtors filed for
protection from their creditors, they listed $2,235,557,000 in
total assets and $1,870,785,000 in total debts.  (Winn-Dixie
Bankruptcy News, Issue No. 11; Bankruptcy Creditors' Service,
Inc., 215/945-7000)


WINN DIXIE: Dixie Spirits Inc.'s Schedules of Assets & Liabilities
------------------------------------------------------------------

A.     Real Property                                          -

B.     Personal Property
B.1    Cash on Hand                                        $401
B.2    Bank Account                                      45,827
B.22   Licenses, Franchises and Other Intangibles       unknown
B.27   Machinery                                         24,455
B.28   Inventory                                        164,286
B.33   Other Assets                                      20,340


       TOTAL SCHEDULED ASSETS                          $255,308
       ========================================================

C.     Property Claimed as Exempt                             -

D.     Secured Claims                              unliquidated

E.     Unsecured Priority Claims                   unliquidated

F.     Unsecured Non-Priority Claims
          Accounts Payable                                  $35
          Intercompany Payable                          118,387


       TOTAL SCHEDULED LIABILITIES                     $118,422
       ========================================================

Headquartered in Jacksonville, Florida, Winn-Dixie Stores, Inc. --
http://www.winn-dixie.com/-- is one of the nation's largest food
retailers.  The Company operates stores across the Southeastern
United States and in the Bahamas and employs approximately 90,000
people.  The Company, along with 23 of its U.S. subsidiaries,
filed for chapter 11 protection on Feb. 21, 2005 (Bankr. S.D.N.Y.
Case No. 05-11063). D.J. Baker, Esq., at Skadden Arps Slate
Meagher & Flom LLP, and Sarah Robinson Borders, Esq., and Brian C.
Walsh, Esq., at King & Spalding LLP, represent the Debtors in
their restructuring efforts.  When the Debtors filed for
protection from their creditors, they listed $2,235,557,000 in
total assets and $1,870,785,000 in total debts.  (Winn-Dixie
Bankruptcy News, Issue No. 11; Bankruptcy Creditors' Service,
Inc., 215/945-7000)


WINN-DIXIE: Logistics Inc.'s Schedules of Assets & Liabilities
--------------------------------------------------------------

A.     Real Property
          Warehouse - Harahan, Louisiana             $6,733,724
          Warehouse - Louisville, Kentucky            4,180,635

B.     Personal Property
B.15   Accounts Receivable
          Associate Receivables                           9,411
          Vendor Receivables                          3,989,587
B.23   Vehicles and Accessories
          Tractors                                    1,855,867
          Trailers                                    6,742,162
B.27   Machinery                                     27,469,389
B.33   Others
          Construction In Progress                      330,723
          Leasehold Improvements                     49,858,489
          Prepaid Maintenance                           218,839
          Prepaid Taxes & Licenses                      319,943


       TOTAL SCHEDULED ASSETS                      $101,708,767
       ========================================================

C.     Property Claimed as Exempt                             -

D.     Secured Claims                              unliquidated

E.     Unsecured Priority Claims                   unliquidated

F.     Unsecured Non-Priority Claims
          Wilmington Trust Company                 $310,500,000
          Accounts Payable                            6,275,999
          Intercompany Payable                      168,986,682


       TOTAL SCHEDULED LIABILITIES                 $485,762,681
       ========================================================

Headquartered in Jacksonville, Florida, Winn-Dixie Stores, Inc. --
http://www.winn-dixie.com/-- is one of the nation's largest food
retailers.  The Company operates stores across the Southeastern
United States and in the Bahamas and employs approximately 90,000
people.  The Company, along with 23 of its U.S. subsidiaries,
filed for chapter 11 protection on Feb. 21, 2005 (Bankr. S.D.N.Y.
Case No. 05-11063). D.J. Baker, Esq., at Skadden Arps Slate
Meagher & Flom LLP, and Sarah Robinson Borders, Esq., and Brian C.
Walsh, Esq., at King & Spalding LLP, represent the Debtors in
their restructuring efforts.  When the Debtors filed for
protection from their creditors, they listed $2,235,557,000 in
total assets and $1,870,785,000 in total debts.  (Winn-Dixie
Bankruptcy News, Issue No. 11; Bankruptcy Creditors' Service,
Inc., 215/945-7000)


WINN-DIXIE: Procurement Inc.'s Schedules of Assets & Liabilities
----------------------------------------------------------------

A.     Real Property                                          -

B.     Personal Property
B.15   Accounts Receivable
          Associate Receivables                          $7,280
          Vendor Receivables                         31,254,522
          Reserve Allocation                         (2,254,682)
          Intercompany Receivable                     2,001,433
B.21   Intellectual Property                            unknown
B.23   Vehicles and Accessories                           1,864
B.27   Machinery                                          9,598
B.28   Inventory                                    297,273,572
B.33   Others
          Internal & External Software                   26,744
          Leasehold Improvements                         61,642
          Prepaid Franchise Taxes                        70,291
          Prepaid Gift Cards                          1,049,354
          Prepaid Rent                                   95,917


       TOTAL SCHEDULED ASSETS                      $329,597,536
       ========================================================

C.     Property Claimed as Exempt                             -

D.     Secured Claims                              unliquidated

E.     Unsecured Priority Claims                   unliquidated

F.     Unsecured Non-Priority Claims
          Wilmington Trust Company                 $310,500,000
          Accounts Payable
             American Pride Seafoods                  1,013,171
             Anderson News LLC                        6,059,171
             Atlanta Foods International              1,006,935
             Baker & Taylor                           1,259,039
             Bayer Corporation                          781,332
             Campbell Soup Co.                        1,165,962
             CH Robinson Worldwide Inc.               2,447,843
             Clorox Sales Co.-KPD                     1,634,821
             Conagra Foods Inc.                       1,282,477
             Conagra Foods Refrigerated Foods Co.       918,943
             Conagra Grocery Products Co.             1,857,805
             Consolidated Biscuit Company               916,570
             Del Monte Fresh Produce                  1,299,531
             DLJ Produce Inc.                         1,774,506
             Dole Fresh Fruit Company                 1,472,657
             Edy's Grand Ice Cream                    1,541,970
             Falcon Farms                             2,073,677
             Flavor PIC Tomato Co. Inc.               1,373,480
             Fresh Express Inc. Atlanta               1,394,259
             General Electric Company                   976,662
             General Mills Inc.                       3,235,198
             Georgia Pacific Corp.                    1,997,391
             Gerber Products Company                  1,113,707
             Gillette Company                         1,010,834
             Good Humor Breyers Ice Cream             1,756,197
             Gourmet Award Foods Mid Atlantic         2,611,734
             Gwaltney of Smithfield Ltd.              1,244,456
             Heinz Frozen Food Co.                      802,690
             Hobart Corporation                       1,090,303
             Home of Maxam Products                     942,484
             JM Smucker Company                       1,356,186
             JJSLC                                    1,737,341
             Kellogg Sales Company                    1,277,223
             Kimberly Clark                           2,519,872
             Kraft General Foods Inc.                 4,113,266
             Mead Johnson Nutritionals                1,084,791
             Morningstar Foods                        1,067,205
             Nestle Purina Petcare Company            1,625,877
             Nestle USA                               1,690,547
             Ocean Duke Corp.                           822,279
             PAC Marketing International LLC          1,075,421
             Powerhouse Produce LLC                   2,316,160
             Procter & Gamble Dist. Co.               6,100,623
             Quaker Oats Company                      2,006,669
             Riverdale Farms                          1,371,494
             Safe Harbor Seafood                      1,265,923
             Sara Lee Foods                           1,942,574
             Schering Plough Healthcare                 968,287
             Schreiber Foods Inc.                     2,150,299
             Seneca Foods Corporation                   968,878
             Victory Wholesale Grocers                  942,528
             Warner Lambert Consumer Group            1,215,717
             Wyeth Consumer Healthcare                  890,069
             Yakima Roche Fruit Sales LLC             1,031,653
             Others                                 100,788,978
          Intercompany Payables                      20,298,144


       TOTAL SCHEDULED LIABILITIES                 $521,183,809
       ========================================================

Headquartered in Jacksonville, Florida, Winn-Dixie Stores, Inc. --
http://www.winn-dixie.com/-- is one of the nation's largest food
retailers.  The Company operates stores across the Southeastern
United States and in the Bahamas and employs approximately 90,000
people.  The Company, along with 23 of its U.S. subsidiaries,
filed for chapter 11 protection on Feb. 21, 2005 (Bankr. S.D.N.Y.
Case No. 05-11063). D.J. Baker, Esq., at Skadden Arps Slate
Meagher & Flom LLP, and Sarah Robinson Borders, Esq., and Brian C.
Walsh, Esq., at King & Spalding LLP, represent the Debtors in
their restructuring efforts.  When the Debtors filed for
protection from their creditors, they listed $2,235,557,000 in
total assets and $1,870,785,000 in total debts.  (Winn-Dixie
Bankruptcy News, Issue No. 11; Bankruptcy Creditors' Service,
Inc., 215/945-7000)


WINN-DIXIE: Table Supply Food's Schedules of Assets & Liabilities
-----------------------------------------------------------------

A.     Real Property                                          -

B.     Personal Property
B.2    Bank Account                                    $100,000
B.15   Accounts Receivable                                  500


       TOTAL SCHEDULED ASSETS                          $100,500
       ========================================================

C.     Property Claimed as Exempt                             -

D.     Secured Claims                                         -

E.     Unsecured Priority Claims                              -

F.     Unsecured Non-Priority Claims                          -


       TOTAL SCHEDULED LIABILITIES                           $-
       ========================================================

Headquartered in Jacksonville, Florida, Winn-Dixie Stores, Inc. --
http://www.winn-dixie.com/-- is one of the nation's largest food
retailers.  The Company operates stores across the Southeastern
United States and in the Bahamas and employs approximately 90,000
people.  The Company, along with 23 of its U.S. subsidiaries,
filed for chapter 11 protection on Feb. 21, 2005 (Bankr. S.D.N.Y.
Case No. 05-11063). D.J. Baker, Esq., at Skadden Arps Slate
Meagher & Flom LLP, and Sarah Robinson Borders, Esq., and Brian C.
Walsh, Esq., at King & Spalding LLP, represent the Debtors in
their restructuring efforts.  When the Debtors filed for
protection from their creditors, they listed $2,235,557,000 in
total assets and $1,870,785,000 in total debts.  (Winn-Dixie
Bankruptcy News, Issue No. 11; Bankruptcy Creditors' Service,
Inc., 215/945-7000)


WINN-DIXIE: Other Debtors' Schedules of Assets & Liabilities
------------------------------------------------------------
Debtors Deep South Distributors, Inc., Foodway Stores, Inc.,
Sundown Sales, Inc., WD Brand Prestige Steaks, Inc., and Winn-
Dixie Handyman, Inc., report zero assets and liabilities in their
Schedules.

In addition, these Debtors report zero liabilities and an
intercompany receivable from Winn-Dixie Stores, Inc., as its sole
asset:

                                     Intercompany Receivable
   Debtor                          from Winn-Dixie Stores, Inc.
   ------                          ----------------------------
   Dixie Darling Bakeries, Inc.              $54,915
   Dixie-Home Stores, Inc.                        50
   Economy Wholesale Distributors            314,334
   Kwik Chek Supermarkets, Inc.                1,000
   Sunbelt Products, Inc.                      1,000
   Superior Food Company                         500

Headquartered in Jacksonville, Florida, Winn-Dixie Stores, Inc. --
http://www.winn-dixie.com/-- is one of the nation's largest food
retailers.  The Company operates stores across the Southeastern
United States and in the Bahamas and employs approximately 90,000
people.  The Company, along with 23 of its U.S. subsidiaries,
filed for chapter 11 protection on Feb. 21, 2005 (Bankr. S.D.N.Y.
Case No. 05-11063). D.J. Baker, Esq., at Skadden Arps Slate
Meagher & Flom LLP, and Sarah Robinson Borders, Esq., and Brian C.
Walsh, Esq., at King & Spalding LLP, represent the Debtors in
their restructuring efforts.  When the Debtors filed for
protection from their creditors, they listed $2,235,557,000 in
total assets and $1,870,785,000 in total debts.  (Winn-Dixie
Bankruptcy News, Issue No. 11; Bankruptcy Creditors' Service,
Inc., 215/945-7000)

                          *********

Monday's edition of the TCR delivers a list of indicative prices
for bond issues that reportedly trade well below par.  Prices are
obtained by TCR editors from a variety of outside sources during
the prior week we think are reliable.  Those sources may not,
however, be complete or accurate.  The Monday Bond Pricing table
is compiled on the Friday prior to publication.  Prices reported
are not intended to reflect actual trades.  Prices for actual
trades are probably different.  Our objective is to share
information, not make markets in publicly traded securities.
Nothing in the TCR constitutes an offer or solicitation to buy or
sell any security of any kind.  It is likely that some entity
affiliated with a TCR editor holds some position in the issuers'
public debt and equity securities about which we report.

Each Tuesday edition of the TCR contains a list of companies with
insolvent balance sheets whose shares trade higher than $3 per
share in public markets.  At first glance, this list may look like
the definitive compilation of stocks that are ideal to sell short.
Don't be fooled.  Assets, for example, reported at historical cost
net of depreciation may understate the true value of a firm's
assets.  A company may establish reserves on its balance sheet for
liabilities that may never materialize.  The prices at which
equity securities trade in public market are determined by more
than a balance sheet solvency test.

A list of Meetings, Conferences and Seminars appears in each
Wednesday's edition of the TCR. Submissions about insolvency-
related conferences are encouraged. Send announcements to
conferences@bankrupt.com.

Each Friday's edition of the TCR includes a review about a book of
interest to troubled company professionals. All titles are
available at your local bookstore or through Amazon.com. Go to
http://www.bankrupt.com/books/to order any title today.

Monthly Operating Reports are summarized in every Saturday edition
of the TCR.

For copies of court documents filed in the District of Delaware,
please contact Vito at Parcels, Inc., at 302-658-9911. For
bankruptcy documents filed in cases pending outside the District
of Delaware, contact Ken Troubh at Nationwide Research &
Consulting at 207/791-2852.

                          *********

S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter is a daily newsletter co-published by
Bankruptcy Creditors' Service, Inc., Fairless Hills, Pennsylvania,
USA, and Beard Group, Inc., Frederick, Maryland USA. Yvonne L.
Metzler, Emi Rose S.R. Parcon, Rizande B. Delos Santos, Jazel P.
Laureno, Cherry Soriano-Baaclo, Marjorie Sabijon, Terence Patrick
F. Casquejo, Jason A. Nieva, Christian Q. Salta, Lucilo Junior M.
Pinili and Peter A. Chapman, Editors.

Copyright 2005.  All rights reserved.  ISSN: 1520-9474.

This material is copyrighted and any commercial use, resale or
publication in any form (including e-mail forwarding, electronic
re-mailing and photocopying) is strictly prohibited without prior
written permission of the publishers.  Information contained
herein is obtained from sources believed to be reliable, but is
not guaranteed.

The TCR subscription rate is $675 for 6 months delivered via e-
mail. Additional e-mail subscriptions for members of the same firm
for the term of the initial subscription or balance thereof are
$25 each.  For subscription information, contact Christopher
Beard at 240/629-3300.

                    *** End of Transmission ***