/raid1/www/Hosts/bankrupt/TCR

/raid1/www/Hosts/bankrupt/TCR_Public/060211.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, February 11, 2006, Vol. 10, No. 36 Headlines COLLINS & AIKMAN: Posts $21 Million Net Loss in December 2005 DELPHI CORP: Posts $1.1 Billion Net Loss in December 2005 DELPHI CORP: Amends Schedule F to Reflect Aggregate Debits DELPHI CORP: ASEC Entities Files Schedules of Assets and Debts DELPHI CORP: Aspire Files Schedules of Assets and Liabilities DELPHI CORP: China LLC Files Schedules of Assets and Liabilities DELPHI CORP: Connection Systems Files Schedules of Assets & Debts DELPHI CORP: DAS Global Files Schedules of Assets and Liabilities DELPHI CORP: DAS Human Resources Files Schedules of Assets & Debts DELPHI CORP: DAS International Files Schedules of Assets & Debts DELPHI CORP: DAS Korea Files Schedules of Assets and Liabilities DELPHI CORP: DAS Overseas Files Schedules of Assets and Debts DELPHI CORP: DAS Risk Management Files Schedules of Assets & Debts DELPHI CORP: DAS Services Files Schedules of Assets and Debts DELPHI CORP: DAS Tennessee Files Schedules of Assets and Debts DELPHI CORP: DAS Thailand Files Schedules of Assets and Debts DELPHI CORP: Electronics Holding Files Schedules of Assets & Debts DELPHI CORP: Foreign Sales Files Schedules of Assets and Debts DELPHI CORP: Integrated Files Schedules of Assets and Debts DELPHI CORP: International Holdings' Schedules of Assets & Debts FOOTSTAR INC: Earns $10.3 Million for the Period Ended Dec. 31 KAISER ALUMINUM: Posts $21.4 Million Net Loss in December 2005 NEWPOWER HOLDINGS: Files Monthly Report for Period Ended Nov. 30 NEWPOWER HOLDINGS: Files Monthly Report for Period Ended Dec. 31 OWENS CORNINGS: November 30 Balance Sheet Upside-Down by $7.5 Mil. REFCO INC: Administration Files Schedules of Assets and Debts REFCO INC: Capital Holdings Files Schedules of Assets and Debts REFCO INC: Capital Management Files Schedules of Assets and Debts REFCO INC: Capital Trading Files Schedules of Assets and Debts REFCO INC: Financial LLC Files Schedules of Assets and Debts REFCO INC: Fixed Assets Files Schedules of Assets and Liabilities REFCO INC: Global Futures Files Schedules of Assets and Debts REFCO INC: Global Holdings Files Schedules of Assets and Debts REFCO INC: Info Services Files Schedules of Assets and Debts REFCO INC: Kroeck & Associates Files Schedules of Assets & Debts REFCO INC: Marshall Metals Files Schedules of Assets and Debts REFCO INC: Regulated Companies Files Schedules of Assets and Debts ********* COLLINS & AIKMAN: Posts $21 Million Net Loss in December 2005 ------------------------------------------------------------- Collins & Aikman Corporation Balance Sheet As of December 31, 2005 Current assets: Cash $80,407,211 Accounts receivable 51,197,565 Other non-trade receivables 6,706,537 Inventories, net 112,965,257 Tooling and molding, net - current 67,298,190 Prepaids & other current assets 77,993,170 Deferred tax assets - current (87,825) --------------- Total current assets 396,480,105 Investment in subsidiaries 2,534,708,519 Fixed assets, net 335,401,180 Goodwill, net 978,554,071 Deferred tax assets - long term 25,938,826 Tooling and molding, net-long term 14,376,545 Other noncurrent assets 94,498,631 Intercompany assets 185,311,894 PP IC accounts receivable 678,115,022 --------------- TOTAL ASSETS $5,243,384,793 =============== LIABILITIES & EQUITY Current liabilities: Notes payable $0 Short term borrowings 0 Advance on receivables 0 Current portion - long term debt 248,825,000 Current portion - capital leases 0 Accounts payable 31,328,751 Accrued interest payable 7,253,749 Accrued & other liabilities 46,675,020 Income taxes payable (5,279,539) --------------- Total current liabilities 328,802,981 Liabilities subject to compromise 2,376,670,387 --------------- Total Liabilities 2,705,473,368 Total Equity 2,537,911,425 --------------- TOTAL LIABILITIES & EQUITY $5,243,384,793 =============== Collins & Aikman Corporation Income Statement Month Ended December 2005 Net outside sales $164,082,413 I/D Net sales 4,242,296 I/G Net sales 603,395 --------------- Total sales 168,928,104 Cost of goods sold 157,950,122 --------------- Gross profit 10,977,981 Selling, general & administrative expenses 30,547,483 --------------- Operating income (19,569,502) Interest expenses 8,554,790 Intercompany interest, net (2,469,516) Preferred stock accretion 0 Miscellaneous (income)/expense (208) Corporate allocation adjustment (3,305,063) Commission income (177,690) Commission expense 0 Royalty income (454,126) Royalty expense 0 Joint Venture (Income)/Expense 0 Minority interest in cons net income 0 Dividend income 0 Discount/Income for Carcorp. 0 Gain/(Loss) early extinguishments of debt 0 Discount/Premium on hedges 0 (Gain)/Loss on hedges 0 (Gain)/Loss on swaps 0 NAAIS Intercompany sales profit 0 Loss on sale of receivables 0 Restructuring provision 0 Foreign transactions - (Gain)/Loss 236,783 Amort of discount on NPV of liabilities 0 (Gain)/Loss on sale-leaseback transaction 0 --------------- Income from continuing operations before taxes (21,954,472) Federal income tax 0 State income tax 0 Foreign income tax 23,692 --------------- Income from continuing operations (21,978,164) Discontinued operations (900,163) Gain/Loss on sale of divisions 0 Extraordinary items 0 Integration 0 --------------- NET INCOME (LOSS) ($21,078,001) =============== Headquartered in Troy, Michigan, Collins & Aikman Corporation -- http://www.collinsaikman.com/-- is a global leader in cockpit modules and automotive floor and acoustic systems and is a leading supplier of instrument panels, automotive fabric, plastic-based trim, and convertible top systems. The Company has a workforce of approximately 23,000 and a network of more than 100 technical centers, sales offices and manufacturing sites in 17 countries throughout the world. The Company and its debtor-affiliates filed for chapter 11 protection on May 17, 2005 (Bankr. E.D. Mich. Case No. 05-55927). When the Debtors filed for protection from their creditors, they listed $3,196,700,000 in total assets and $2,856,600,000 in total debts. (Collins & Aikman Bankruptcy News, Issue No. 24; Bankruptcy Creditors' Service, Inc., 215/945-7000) DELPHI CORP: Posts $1.1 Billion Net Loss in December 2005 --------------------------------------------------------- Delphi Corporation, et al. Unaudited Consolidated Balance Sheets As of December 31, 2005 (In Millions) ASSETS CURRENT ASSETS: Cash and cash equivalents $1,362 Accounts receivable, net: General Motors and affiliates 1,660 Other third parties 1,657 Non-Debtor subsidiaries 289 Notes receivable from non-Debtor subsidiaries 352 Inventories, net: Productive material, work-in-process & supplies 811 Finished goods 292 Prepaid expenses and other 145 -------- TOTAL CURRENT ASSETS 6,568 -------- Long-term assets: Property, net 2,614 Goodwill 40 Other intangible assets 42 Pension intangible assets 871 Investments in non-Debtor subsidiaries 2,962 Other 712 -------- TOTAL ASSETS $13,809 ======== LIABILITIES AND STOCKHOLDERS' DEFICIT CURRENT LIABILITIES NOT SUBJECT TO COMPROMISE: Accounts payable 1,031 Accounts payable to non-Debtor subsidiaries 480 Accrued liabilities 44 -------- TOTAL CURRENT LIABILITIES 1,952 -------- Long-term liabilities not subject to compromise: DIP financing 250 Employee benefit plan obligations and other 518 -------- TOTAL LONG-TERM LIABILITIES 768 -------- Liabilities subject to compromise 17,408 -------- TOTAL LIABILITIES 20,128 -------- Stockholders' deficit: Common stock 6 Additional paid-in capital 2,675 Accumulated deficit (6,722) Minimum pension liability (2,051) Accumulated other comprehensive loss (175) Treasury stock (52) -------- TOTAL STOCKHOLDERS' DEFICIT (6,319) -------- TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT $13,809 ======== Delphi Corporation, et al. Unaudited Consolidated Statement of Operations Month Ended December 31, 2005 (In Millions) Net sales: General Motors and affiliates $805 Other customers 541 Intercompany non-Debtor subsidiaries 40 -------- Total net sales 1,386 -------- Operating expenses: Cost of sales 1,364 Selling, general and administrative 106 Depreciation and amortization 53 Goodwill and long-lived asset impairment charges 479 -------- Total operating expenses 2,002 -------- Operating loss (616) Interest expense (31) Other Income (1) -------- Loss before reorganization items, income taxes, and equity income (648) Reorganization items 11 Income tax expense -- Equity income from non-consolidated subsidiaries, net of tax 8 Equity income from non-Debtor subsidiaries, net of tax (497) -------- NET LOSS ($1,126) ======== Delphi Corporation, et al. Unaudited Consolidated Statement of Cash Flows Month Ended December 31, 2005 (In Millions) Cash flows from operating activities: Net loss ($1,126) Adjustments to reconcile net loss to net cash provided by operating activities: Depreciation and amortization 53 Goodwill and long-lived asset impairment charges 479 Pension and other postretirement benefit expenses 117 Equity income from unconsolidated subsidiaries, net (8) Equity income from non-Debtor subsidiaries, net 497 Reorganization items (11) Changes in operating assets and liabilities: Accounts receivable, net 373 Inventories, net 8 Prepaid expenses and other (27) Accounts payable, accrued and other long-tern debt 92 Other postretirement benefit payments (16) Receipts (payments) for reorganization items, net 8 Other (14) -------- Net cash provided by operating activities 425 -------- Cash flows from investing activities: Capital expenditures (43) Proceeds from sale of property 1 -------- Net cash used in investing activities 42 -------- Cash flows from financing activities: Proceeds from DIP credit facility, net 1 Net repayments of borrowings under other debt 22 -------- Net cash provided by financing activities 23 -------- Increase in cash and cash equivalents 406 -------- Cash and cash equivalents at beginning of period 956 Cash and cash equivalents at end of period $1,362 ======== According to John D. Sheehan, vice president and chief restructuring officer, chief accounting officer and controller of Delphi Corp., the audit committee of the Board of Directors of Delphi has approved management's decision to record $377 million in asset impairment charges and $575 million in goodwill impairment charges. Mr. Sheehan explains the impairment charges were principally necessitated by the substantial decline during 2005 in Delphi's profitability, especially at impaired sites and reporting units, combined with the business outlook for the sites and reporting units assuming no changes in the current operating environment, including no changes to the Company's overall cost structure or compromise of any of its legacy liabilities. Headquartered in Troy, Michigan, Delphi Corporation -- http://www.delphi.com/-- is the single largest global supplier of vehicle electronics, transportation components, integrated systems and modules, and other electronic technology. The Company's technology and products are present in more than 75 million vehicles on the road worldwide. The Company filed for chapter 11 protection on Oct. 8, 2005 (Bankr. S.D.N.Y. Lead Case No. 05-44481). John Wm. Butler Jr., Esq., John K. Lyons, Esq., and Ron E. Meisler, Esq., at Skadden, Arps, Slate, Meagher & Flom LLP, represent the Debtors in their restructuring efforts. As of Aug. 31, 2005, the Debtors' balance sheet showed $17,098,734,530 in total assets and $22,166,280,476 in total debts. (Delphi Bankruptcy News, Issue No. 15; Bankruptcy Creditors' Service, Inc., 215/945-7000) DELPHI CORP: Amends Schedule F to Reflect Aggregate Debits ---------------------------------------------------------- Delphi Corporation has amended its Schedule F (Creditors Holding Unsecured Non-priority Claims) to reflect aggregate debits reflected in the Debtor's cross-charge accounts. Delphi Corp. has identified certain claims related to cross-charge accounts as unliquidated. F. Unsecured Non-Priority Claims DAS Human Resources LLC $1,000 Delphi Automotive Systems LLC 257,954,750 Delphi New York Holdings Corporation 100 Aggregate Debit in Cross Charge Account (862) ------------ TOTAL $257,954,988 According to John D. Sheehan, Delphi's vice president, chief restructuring officer, chief accounting officer and controller, the amendments decrease the Debtors' total liabilities on a deconsolidated basis by approximately $1.2 billion. However, the Amendments have no effect upon Delphi's consolidated financial statements that are filed with the U.S. Securities and Exchange Commission because the cross-charge accounts, Mr. Sheehan explains, which are maintained within the equity section of the Debtors' trial balances, eliminate on a global consolidated basis. Headquartered in Troy, Michigan, Delphi Corporation -- http://www.delphi.com/-- is the single largest global supplier of vehicle electronics, transportation components, integrated systems and modules, and other electronic technology. The Company's technology and products are present in more than 75 million vehicles on the road worldwide. The Company filed for chapter 11 protection on Oct. 8, 2005 (Bankr. S.D.N.Y. Lead Case No. 05-44481). John Wm. Butler Jr., Esq., John K. Lyons, Esq., and Ron E. Meisler, Esq., at Skadden, Arps, Slate, Meagher & Flom LLP, represent the Debtors in their restructuring efforts. As of Aug. 31, 2005, the Debtors' balance sheet showed $17,098,734,530 in total assets and $22,166,280,476 in total debts. (Delphi Bankruptcy News, Issue No. 15; Bankruptcy Creditors' Service, Inc., 215/945-7000) DELPHI CORP: ASEC Entities Files Schedules of Assets and Debts -------------------------------------------------------------- John D. Sheehan, vice president, chief restructuring officer, chief accounting officer and controller of Delphi Corporation, relates that ASEC Manufacturing General Partnership, ASEC Sales General Partnership, Environmental Catalysts LLC and Exhaust Systems Corporation maintain consolidated books and records. The financial information for the ASEC Entities has been consolidated for purposes of their Schedules of Assets and Liabilities, Mr. Sheehan says. A. Real Estate Building & Improvements $7,339,361 B. Personal Property B.1 Cash on hand 1,300 B.2 Bank accounts Bank of America 9,090 B.9 Interests in insurance policies Undetermined B.12 Stock and Interests Undetermined B.15 Accounts receivable Trade 11,684,865 Intercompany 35,334,681 Allowances (80,328) B.17 Other liquidated debts owed Delphi Auto. Systems (Holding), Inc.: Long Term Notes/Receivable 21,300,000 Sale of plant in Florange, France 14,249,941 Employee Receivables 24,213 B.20 Other contingent & unliquidated claims ASEC Manufacturing Undetermined ASEC Sales None Environmental Catalyst None Exhaust Systems None B.22 Other intangibles Undetermined B.23 Automobiles 5,133 B.26 Office Equipment 171,712 B.27 Machinery, furniture and fixtures Machinery and equipment 11,375,031 Leasehold improvements 731,620 B.28 Inventory 22,527,508 B.33 Other personal property Prepaid assets 16,638 Construction in process 16,668,929 TOTAL SCHEDULED ASSETS $141,359,695 ============= C. Property Claimed as Exempt None D. Secured Claims JPMorgan Chase Bank, N.A. Unknown Others Unknown E. Unsecured Priority Claims Internal Revenue Service Unknown Others Unknown F. Unsecured NonPriority Claims Corning Incorporated $2,249,390 Past, Present & Former Employees: Post-Employment Pension Benefits 9,466,000 Post-Employment Health, Life Benefits 5,499,000 Delphi Automotive Systems LLC 59,157,529 GMEAG Corporate Material Brokering 986,085 NGK Automotive Ceramics USA, Inc. 3,608,176 Others 5,132,206 TOTAL SCHEDULED LIABILITIES $86,098,386 ============ ASEC Manufacturing also scheduled unliquidated secured claims from: * Citicorp Vendor Finance Inc., * Crown Credit Company, and * Toyota Motor Credit Corp. Three Debtors also scheduled unliquidated unsecured priority claims from: Debtor Creditor ------ -------- ASEC Manufacturing Rogers County Treasurer State of Oklahoma U.S. Dept. of State/Visa Environmental Catalysts Delaware Division of Corporations Exhaust Systems Michigan Department of Treasury Michigan Department of Labor Oklahoma Tax Commission Delaware Division of Corporations Treasurer, City of Flint A full text copy of Delphi Corp.'s ASEC entities' list of Interests in insurance policies is available for free at: http://ResearchArchives.com/t/s?52e Headquartered in Troy, Michigan, Delphi Corporation -- http://www.delphi.com/-- is the single largest global supplier of vehicle electronics, transportation components, integrated systems and modules, and other electronic technology. The Company's technology and products are present in more than 75 million vehicles on the road worldwide. The Company filed for chapter 11 protection on Oct. 8, 2005 (Bankr. S.D.N.Y. Lead Case No. 05-44481). John Wm. Butler Jr., Esq., John K. Lyons, Esq., and Ron E. Meisler, Esq., at Skadden, Arps, Slate, Meagher & Flom LLP, represent the Debtors in their restructuring efforts. As of Aug. 31, 2005, the Debtors' balance sheet showed $17,098,734,530 in total assets and $22,166,280,476 in total debts. (Delphi Bankruptcy News, Issue No. 15; Bankruptcy Creditors' Service, Inc., 215/945-7000) DELPHI CORP: Aspire Files Schedules of Assets and Liabilities ------------------------------------------------------------- A. Real Estate None B. Personal Property JPMorgan Chase Bank, N.A. $1,509,912 B.9 Interests in insurance policies Undetermined B.15 Accounts receivable Trade 644,775 Allowances (6,893) B.27 Machinery, furniture and fixtures 38,360 B.28 Inventory 10,000 TOTAL SCHEDULED ASSETS $2,196,154 =========== C. Property Claimed as Exempt None D. Secured Claims Delphi Corp. Unknown JPMorgan Chase Bank, N.A. Unknown Michele D'Andrea Unknown E. Unsecured Priority Claims City of Philadelphia Unknown Del. Division of Revenue Unknown Internal Revenue Service Unknown Michigan Dept. of Labor Unknown Ohio Dept. of Taxation Unknown PA Department of Revenue Unknown State New Jersey Dept. of Taxation Unknown F. Unsecured NonPriority Claims Delphi Automotive Systems LLC 2,216,067 Others 24,164 TOTAL SCHEDULED LIABILITIES $2,240,231 =========== A full text copy of Aspire Inc.'s list of Interests in insurance policies is available for free at: http://ResearchArchives.com/t/s?52f Headquartered in Troy, Michigan, Delphi Corporation -- http://www.delphi.com/-- is the single largest global supplier of vehicle electronics, transportation components, integrated systems and modules, and other electronic technology. The Company's technology and products are present in more than 75 million vehicles on the road worldwide. The Company filed for chapter 11 protection on Oct. 8, 2005 (Bankr. S.D.N.Y. Lead Case No. 05-44481). John Wm. Butler Jr., Esq., John K. Lyons, Esq., and Ron E. Meisler, Esq., at Skadden, Arps, Slate, Meagher & Flom LLP, represent the Debtors in their restructuring efforts. As of Aug. 31, 2005, the Debtors' balance sheet showed $17,098,734,530 in total assets and $22,166,280,476 in total debts. (Delphi Bankruptcy News, Issue No. 15; Bankruptcy Creditors' Service, Inc., 215/945-7000) DELPHI CORP: China LLC Files Schedules of Assets and Liabilities ---------------------------------------------------------------- A. Real Estate None B. Personal Property B.2 Bank accounts JPMorgan Chase Bank $1,090 B.9 Interests in Insurance Policies Undetermined B.12 Stock and Interests Delphi Auto Sys (China) Holding Co. Undetermined B.13 Interests in partnerships Beijing Delphi Wan Yuan Engine Undetermined Delphi Saginaw Lingyun Drive Shaft Undetermined TOTAL SCHEDULED ASSETS $1,090 ======= C. Property Claimed as Exempt None D. Secured Claims JPMorgan Chase Bank, N.A. Unknown E. Unsecured Priority Claims Internal Revenue Service Unknown Shanghai Municipal Nanhui Unknown State of Delaware Unknown F. Unsecured NonPriority Claims Delphi Auto Sys (China) Holding Co. $11,246,732 Pension Benefit Guaranty Corp. Unknown TOTAL SCHEDULED LIABILITIES $11,246,732 ============ A full text copy of China LLC's list of Interests in insurance policies is available for free at: http://ResearchArchives.com/t/s?530 Headquartered in Troy, Michigan, Delphi Corporation -- http://www.delphi.com/-- is the single largest global supplier of vehicle electronics, transportation components, integrated systems and modules, and other electronic technology. The Company's technology and products are present in more than 75 million vehicles on the road worldwide. The Company filed for chapter 11 protection on Oct. 8, 2005 (Bankr. S.D.N.Y. Lead Case No. 05-44481). John Wm. Butler Jr., Esq., John K. Lyons, Esq., and Ron E. Meisler, Esq., at Skadden, Arps, Slate, Meagher & Flom LLP, represent the Debtors in their restructuring efforts. As of Aug. 31, 2005, the Debtors' balance sheet showed $17,098,734,530 in total assets and $22,166,280,476 in total debts. (Delphi Bankruptcy News, Issue No. 15; Bankruptcy Creditors' Service, Inc., 215/945-7000) DELPHI CORP: Connection Systems Files Schedules of Assets & Debts ----------------------------------------------------------------- A. Real Estate None B. Personal Property B.2 Bank accounts Bank of America, N.A. $1,067,486 B.9 Interests in insurance policies Undetermined B.12 Stock and Interests DCS - Tijuana, S.A. de C.V. Undetermined B.15 Accounts receivable Trade 4,445,626 Intercompany 3,217,844 Allowances (43,000) B.23 Automobiles 3,446 B.26 Office Equipment 28,389 B.27 Machinery, furniture and fixtures 3,388,934 B.28 Inventory 17,345,226 Prepaid expenses 214,105 Construction in progress 69,326 TOTAL SCHEDULED ASSETS $29,737,383 ============ C. Property Claimed as Exempt None D. Secured Claims JPMorgan Chase Bank, N.A. Unknown OCE-USA, Inc. Unknown E. Unsecured Priority Claims Alabama Dept. of Revenue Unknown Comptroller of P.A., Austin, TX Unknown International Revenue Service Unknown Kilroy Realty Corp. Unknown Ohio Dept. of Taxation Unknown Orange County Collector Unknown Orange County Treasurer Unknown Secretary of State, Sacramento, CA Unknown F. Unsecured NonPriority Claims Amphenol RF $651,673 Current, Former & Retired Employees 6,691,000 Delphi Auto Sys LLC 52,411,817 Judd Wire Inc. 238,564 Metal Surfaces Holding Co. 120,935 Parlex Corp. 294,723 Solid State Stamping Inc. 120,173 Southern California Gas Co. 178,615 Specialty Electronics Inc. 161,469 Speed Tech Corp. 142,866 Tyco Electronics Corp. 101,865 Others 2,370,748 TOTAL SCHEDULED LIABILITIES $63,484,448 ============ A full text copy of Connection Systems' list of Interests in insurance policies is available for free at: http://ResearchArchives.com/t/s?531 Headquartered in Troy, Michigan, Delphi Corporation -- http://www.delphi.com/-- is the single largest global supplier of vehicle electronics, transportation components, integrated systems and modules, and other electronic technology. The Company's technology and products are present in more than 75 million vehicles on the road worldwide. The Company filed for chapter 11 protection on Oct. 8, 2005 (Bankr. S.D.N.Y. Lead Case No. 05-44481). John Wm. Butler Jr., Esq., John K. Lyons, Esq., and Ron E. Meisler, Esq., at Skadden, Arps, Slate, Meagher & Flom LLP, represent the Debtors in their restructuring efforts. As of Aug. 31, 2005, the Debtors' balance sheet showed $17,098,734,530 in total assets and $22,166,280,476 in total debts. (Delphi Bankruptcy News, Issue No. 15; Bankruptcy Creditors' Service, Inc., 215/945-7000) DELPHI CORP: DAS Global Files Schedules of Assets and Liabilities ----------------------------------------------------------------- A. Real Estate None B. Personal Property B.9 Interests in Insurance Policies Undetermined B.12 Stock and Interests DAS (Thailand) Ltd. Undetermined Delphi Korea Corporation Undetermined B.13 Interests in partnerships Delphi Otomotiv Sistemleri Sanayi ve Ticaret Anonim Sirket Undetermined TOTAL SCHEDULED ASSETS -- ======= C. Property Claimed as Exempt None D. Secured Claims JPMorgan Chase Bank, N.A. Unknown Mercedes-Benz U.S. Int'l Inc. Unknown E. Unsecured Priority Claims Internal Revenue Service Unknown State of Delaware Div. of Corporations Unknown F. Unsecured NonPriority Claims Delphi Auto Sys (Holding), Inc. $9,890,382 Pension Benefit Guaranty Corp. Unknown TOTAL SCHEDULED LIABILITIES $9,890,382 =========== A full text copy of DAS Global Holding's list of Interests in insurance policies is available for free at: http://ResearchArchives.com/t/s?532 Headquartered in Troy, Michigan, Delphi Corporation -- http://www.delphi.com/-- is the single largest global supplier of vehicle electronics, transportation components, integrated systems and modules, and other electronic technology. The Company's technology and products are present in more than 75 million vehicles on the road worldwide. The Company filed for chapter 11 protection on Oct. 8, 2005 (Bankr. S.D.N.Y. Lead Case No. 05-44481). John Wm. Butler Jr., Esq., John K. Lyons, Esq., and Ron E. Meisler, Esq., at Skadden, Arps, Slate, Meagher & Flom LLP, represent the Debtors in their restructuring efforts. As of Aug. 31, 2005, the Debtors' balance sheet showed $17,098,734,530 in total assets and $22,166,280,476 in total debts. (Delphi Bankruptcy News, Issue No. 15; Bankruptcy Creditors' Service, Inc., 215/945-7000) DELPHI CORP: DAS Human Resources Files Schedules of Assets & Debts ------------------------------------------------------------------ A. Real Estate None B. Personal Property B.9 Interests in Insurance Policies Undetermined TOTAL SCHEDULED ASSETS -- ===== C. Property Claimed as Exempt None D. Secured Claims Mercedes-Benz U.S. Int'l, Inc. Unknown E. Unsecured Priority Claims Internal Revenue Service Unknown State of Delaware Div. of Corporations Unknown F. Unsecured NonPriority Claims Pension Benefit Guaranty Corp. Unknown TOTAL SCHEDULED LIABILITIES -- ===== A full text copy of Human Resources LLC's list of Interests in insurance policies is available for free at: http://ResearchArchives.com/t/s?533 Headquartered in Troy, Michigan, Delphi Corporation -- http://www.delphi.com/-- is the single largest global supplier of vehicle electronics, transportation components, integrated systems and modules, and other electronic technology. The Company's technology and products are present in more than 75 million vehicles on the road worldwide. The Company filed for chapter 11 protection on Oct. 8, 2005 (Bankr. S.D.N.Y. Lead Case No. 05-44481). John Wm. Butler Jr., Esq., John K. Lyons, Esq., and Ron E. Meisler, Esq., at Skadden, Arps, Slate, Meagher & Flom LLP, represent the Debtors in their restructuring efforts. As of Aug. 31, 2005, the Debtors' balance sheet showed $17,098,734,530 in total assets and $22,166,280,476 in total debts. (Delphi Bankruptcy News, Issue No. 15; Bankruptcy Creditors' Service, Inc., 215/945-7000) DELPHI CORP: DAS International Files Schedules of Assets & Debts ---------------------------------------------------------------- A. Real Estate None B. Personal Property B.9 Interests in insurance policies Undetermined TOTAL SCHEDULED ASSETS -- ===== C. Property Claimed as Exempt None D. Secured Claims Mercedes-Benz U.S. Int'l Inc. Unknown E. Unsecured Priority Claims Internal Revenue Service Unknown State of Delaware Div. of Corporations Unknown F. Unsecured NonPriority Claims Pension Benefit Guaranty Corp. Unknown TOTAL SCHEDULED LIABILITIES -- ===== A full text copy of DAS International's list of Interests in insurance policies is available for free at: http://ResearchArchives.com/t/s?534 Headquartered in Troy, Michigan, Delphi Corporation -- http://www.delphi.com/-- is the single largest global supplier of vehicle electronics, transportation components, integrated systems and modules, and other electronic technology. The Company's technology and products are present in more than 75 million vehicles on the road worldwide. The Company filed for chapter 11 protection on Oct. 8, 2005 (Bankr. S.D.N.Y. Lead Case No. 05-44481). John Wm. Butler Jr., Esq., John K. Lyons, Esq., and Ron E. Meisler, Esq., at Skadden, Arps, Slate, Meagher & Flom LLP, represent the Debtors in their restructuring efforts. As of Aug. 31, 2005, the Debtors' balance sheet showed $17,098,734,530 in total assets and $22,166,280,476 in total debts. (Delphi Bankruptcy News, Issue No. 15; Bankruptcy Creditors' Service, Inc., 215/945-7000) DELPHI CORP: DAS Korea Files Schedules of Assets and Liabilities ---------------------------------------------------------------- A. Real Estate None B. Personal Property B.2 Bank accounts Citibank $100 B.9 Interests in Insurance Policies Undetermined TOTAL SCHEDULED ASSETS $100 ===== C. Property Claimed as Exempt None D. Secured Claims Mercedes-Benz U.S. Int'l, Inc. Unknown E. Unsecured Priority Claims Internal Revenue Service Unknown State of Delaware Div. of Corporations Unknown F. Unsecured NonPriority Claims Pension Benefit Guaranty Corp. Unknown TOTAL SCHEDULED LIABILITIES -- ===== A full text copy of DAS Korea's list of Interests in insurance policies is available for free at: http://ResearchArchives.com/t/s?535 Headquartered in Troy, Michigan, Delphi Corporation -- http://www.delphi.com/-- is the single largest global supplier of vehicle electronics, transportation components, integrated systems and modules, and other electronic technology. The Company's technology and products are present in more than 75 million vehicles on the road worldwide. The Company filed for chapter 11 protection on Oct. 8, 2005 (Bankr. S.D.N.Y. Lead Case No. 05-44481). John Wm. Butler Jr., Esq., John K. Lyons, Esq., and Ron E. Meisler, Esq., at Skadden, Arps, Slate, Meagher & Flom LLP, represent the Debtors in their restructuring efforts. As of Aug. 31, 2005, the Debtors' balance sheet showed $17,098,734,530 in total assets and $22,166,280,476 in total debts. (Delphi Bankruptcy News, Issue No. 15; Bankruptcy Creditors' Service, Inc., 215/945-7000) DELPHI CORP: DAS Overseas Files Schedules of Assets and Debts ------------------------------------------------------------- A. Real Estate None B. Personal Property B.1 Cash on hand Petty cash $105 B.2 Bank accounts Citibank 1,500 B.9 Interests in insurance policies Undetermined B.15 Accounts receivable Intercompany 69,471 TOTAL SCHEDULED ASSETS $71,076 ======== C. Property Claimed as Exempt None D. Secured Claims Mercedes-Benz U.S. Int'l, Inc. Unknown E. Unsecured Priority Claims International Revenue Service Unknown State of Delaware Div. of Corporations Unknown F. Unsecured NonPriority Claims Pension Benefit Guaranty Corp. Unknown TOTAL SCHEDULED LIABILITIES -- ====== A full text copy of DAS Overseas Corp.'s list of Interests in insurance policies is available for free at: http://ResearchArchives.com/t/s?536 Headquartered in Troy, Michigan, Delphi Corporation -- http://www.delphi.com/-- is the single largest global supplier of vehicle electronics, transportation components, integrated systems and modules, and other electronic technology. The Company's technology and products are present in more than 75 million vehicles on the road worldwide. The Company filed for chapter 11 protection on Oct. 8, 2005 (Bankr. S.D.N.Y. Lead Case No. 05-44481). John Wm. Butler Jr., Esq., John K. Lyons, Esq., and Ron E. Meisler, Esq., at Skadden, Arps, Slate, Meagher & Flom LLP, represent the Debtors in their restructuring efforts. As of Aug. 31, 2005, the Debtors' balance sheet showed $17,098,734,530 in total assets and $22,166,280,476 in total debts. (Delphi Bankruptcy News, Issue No. 15; Bankruptcy Creditors' Service, Inc., 215/945-7000) DELPHI CORP: DAS Risk Management Files Schedules of Assets & Debts ------------------------------------------------------------------ A. Real Estate None B. Personal Property B.9 Interests in insurance policies Undetermined B.33 Other personal property Commodities hedges in gain position as of 9/30/05 $3,471,669 TOTAL SCHEDULED ASSETS $3,471,669 =========== C. Property Claimed as Exempt None D. Secured Claims Barclays Unknown Goldman Sachs Unknown JPMorgan Chase Bank, N.A. Unknown Morgan Stanley Unknown E. Unsecured Priority Claims Internal Revenue Service Unknown Michigan Department of Treasury Unknown Michigan Department of Labor Unknown Michigan Dept. of Labor & Economic Growth Unknown F. Unsecured NonPriority Claims Aubert, Harold Unknown Palmer, Cindie L. Unknown Pension Benefit Guaranty Corp. Unknown Westley Industries, Inc. Unknown Westley International, Inc. Unknown TOTAL SCHEDULED LIABILITIES -- ===== A full text copy of DAS Risk Management Corp.'s list of Interests in insurance policies is available for free at: http://ResearchArchives.com/t/s?537 Headquartered in Troy, Michigan, Delphi Corporation -- http://www.delphi.com/-- is the single largest global supplier of vehicle electronics, transportation components, integrated systems and modules, and other electronic technology. The Company's technology and products are present in more than 75 million vehicles on the road worldwide. The Company filed for chapter 11 protection on Oct. 8, 2005 (Bankr. S.D.N.Y. Lead Case No. 05-44481). John Wm. Butler Jr., Esq., John K. Lyons, Esq., and Ron E. Meisler, Esq., at Skadden, Arps, Slate, Meagher & Flom LLP, represent the Debtors in their restructuring efforts. As of Aug. 31, 2005, the Debtors' balance sheet showed $17,098,734,530 in total assets and $22,166,280,476 in total debts. (Delphi Bankruptcy News, Issue No. 15; Bankruptcy Creditors' Service, Inc., 215/945-7000) DELPHI CORP: DAS Services Files Schedules of Assets and Debts ------------------------------------------------------------- A. Real Estate None B. Personal Property B.2 Bank accounts Bank of America, N.A. $5,968,382 B.9 Interests in insurance policies Undetermined TOTAL SCHEDULED ASSETS -- ====== C. Property Claimed as Exempt None D. Secured Claims JPMorgan Chase Bank, N.A. Unknown Mercedes-Benz U.S. Int'l Unknown E. Unsecured Priority Claims Alabama Dept. of Revenue Unknown Delaware Division of Corporations Unknown California Secretary of State Unknown City of Gadsden Revenue Department Unknown Comptroller of Public Accounts Unknown NYS Dept. of State Div. of Corps. Unknown Extension Request - NR Unknown Franchise Tax Board Unknown Georgia Dept. of Revenue Unknown Georgia Income Tax Division Unknown Indiana Dept of Revenue Unknown Indiana Secretary of State Unknown Internal Revenue Service Unknown Kansas Income Tax Unknown Kansas Secretary of State Unknown Office of Revenue Unknown Office of Secretary of State Unknown Delaware Division of Corporations Unknown NJ Bureau of Commercial Recording Unknown NJ Division of Taxation Unknown State Processing Center Unknown Wisconsin Dept. of Revenue Unknown Wisconsin Dept. of Financial Inst. Unknown F. Unsecured NonPriority Claims General Motors Unknown Kraus, Jessica Unknown Lease Plan USA, Inc. Unknown Mettrick, Steven J. Unknown Pension Benefit Guaranty Corp. Unknown Pritchard, Deborah Brown Unknown TOTAL SCHEDULED LIABILITIES -- ====== A full text copy of DAS Services LLC's list of Interests in insurance policies is available for free at: http://ResearchArchives.com/t/s?538 Headquartered in Troy, Michigan, Delphi Corporation -- http://www.delphi.com/-- is the single largest global supplier of vehicle electronics, transportation components, integrated systems and modules, and other electronic technology. The Company's technology and products are present in more than 75 million vehicles on the road worldwide. The Company filed for chapter 11 protection on Oct. 8, 2005 (Bankr. S.D.N.Y. Lead Case No. 05-44481). John Wm. Butler Jr., Esq., John K. Lyons, Esq., and Ron E. Meisler, Esq., at Skadden, Arps, Slate, Meagher & Flom LLP, represent the Debtors in their restructuring efforts. As of Aug. 31, 2005, the Debtors' balance sheet showed $17,098,734,530 in total assets and $22,166,280,476 in total debts. (Delphi Bankruptcy News, Issue No. 15; Bankruptcy Creditors' Service, Inc., 215/945-7000) DELPHI CORP: DAS Tennessee Files Schedules of Assets and Debts -------------------------------------------------------------- A. Real Estate None B. Personal Property B.9 Interests in Insurance Policies Undetermined B.13 Interests in partnerships PBR Knoxville LLC Undetermined TOTAL SCHEDULED ASSETS -- ===== C. Property Claimed as Exempt None D. Secured Claims JPMorgan Chase Bank, N.A. Unknown Mercedes-Benz U.S. Int'l Inc. Unknown E. Unsecured Priority Claims Internal Revenue Service Unknown State of Delaware Div. of Corporations Unknown Tennessee Department of Revenue Unknown F. Unsecured NonPriority Claims DAS (Holding), Inc. $3,748,000 Pension Benefit Guaranty Corp. Unknown TOTAL SCHEDULED LIABILITIES $3,748,000 =========== A full text copy of DAS Tennessee Inc.'s list of Interests in insurance policies is available for free at: http://ResearchArchives.com/t/s?539 Headquartered in Troy, Michigan, Delphi Corporation -- http://www.delphi.com/-- is the single largest global supplier of vehicle electronics, transportation components, integrated systems and modules, and other electronic technology. The Company's technology and products are present in more than 75 million vehicles on the road worldwide. The Company filed for chapter 11 protection on Oct. 8, 2005 (Bankr. S.D.N.Y. Lead Case No. 05-44481). John Wm. Butler Jr., Esq., John K. Lyons, Esq., and Ron E. Meisler, Esq., at Skadden, Arps, Slate, Meagher & Flom LLP, represent the Debtors in their restructuring efforts. As of Aug. 31, 2005, the Debtors' balance sheet showed $17,098,734,530 in total assets and $22,166,280,476 in total debts. (Delphi Bankruptcy News, Issue No. 15; Bankruptcy Creditors' Service, Inc., 215/945-7000) DELPHI CORP: DAS Thailand Files Schedules of Assets and Debts ------------------------------------------------------------- A. Real Estate None B. Personal Property B.2 Bank accounts Citibank $1,000 B.9 Interests in insurance policies Undetermined TOTAL SCHEDULED ASSETS $1,000 ======= C. Property Claimed as Exempt None D. Secured Claims JPMorgan Chase Bank, N.A. Unknown Mercedes-Benz U.S. International Unknown E. Unsecured Priority Claims Internal Revenue Service Unknown State of Delaware Div. of Corporations Unknown F. Unsecured NonPriority Claims Delphi Automotive Systems (Holding), Inc. $27,127 Pension Benefit Guaranty Corp. Unknown TOTAL SCHEDULED LIABILITIES $27,127 ======== A full text copy of DAS Thailand Inc.'s list of Interests in insurance policies is available for free at: http://ResearchArchives.com/t/s?53a Headquartered in Troy, Michigan, Delphi Corporation -- http://www.delphi.com/-- is the single largest global supplier of vehicle electronics, transportation components, integrated systems and modules, and other electronic technology. The Company's technology and products are present in more than 75 million vehicles on the road worldwide. The Company filed for chapter 11 protection on Oct. 8, 2005 (Bankr. S.D.N.Y. Lead Case No. 05-44481). John Wm. Butler Jr., Esq., John K. Lyons, Esq., and Ron E. Meisler, Esq., at Skadden, Arps, Slate, Meagher & Flom LLP, represent the Debtors in their restructuring efforts. As of Aug. 31, 2005, the Debtors' balance sheet showed $17,098,734,530 in total assets and $22,166,280,476 in total debts. (Delphi Bankruptcy News, Issue No. 15; Bankruptcy Creditors' Service, Inc., 215/945-7000) DELPHI CORP: Electronics Holding Files Schedules of Assets & Debts ------------------------------------------------------------------ A. Real Estate None B. Personal Property B.9 Interests in insurance policies Undetermined B.13 Interests in partnerships Shanghai Delco Electron. & Instrument. Undetermined TOTAL SCHEDULED ASSETS -- ===== C. Property Claimed as Exempt None D. Secured Claims JPMorgan Chase Bank, N.A. Unknown E. Unsecured Priority Claims Internal Revenue Service Unknown State of Delaware Div. of Corporations Unknown F. Unsecured NonPriority Claims Pension Benefit Guaranty Corp. Unknown TOTAL SCHEDULED LIABILITIES -- ===== A full text copy of Delphi Electronics Holding's list of Interests in insurance policies is available for free at: http://ResearchArchives.com/t/s?53b Headquartered in Troy, Michigan, Delphi Corporation -- http://www.delphi.com/-- is the single largest global supplier of vehicle electronics, transportation components, integrated systems and modules, and other electronic technology. The Company's technology and products are present in more than 75 million vehicles on the road worldwide. The Company filed for chapter 11 protection on Oct. 8, 2005 (Bankr. S.D.N.Y. Lead Case No. 05-44481). John Wm. Butler Jr., Esq., John K. Lyons, Esq., and Ron E. Meisler, Esq., at Skadden, Arps, Slate, Meagher & Flom LLP, represent the Debtors in their restructuring efforts. As of Aug. 31, 2005, the Debtors' balance sheet showed $17,098,734,530 in total assets and $22,166,280,476 in total debts. (Delphi Bankruptcy News, Issue No. 15; Bankruptcy Creditors' Service, Inc., 215/945-7000) DELPHI CORP: Foreign Sales Files Schedules of Assets and Debts -------------------------------------------------------------- A. Real Estate None B. Personal Property B.9 Interests in insurance policies Undetermined TOTAL SCHEDULED ASSETS -- ===== C. Property Claimed as Exempt None D. Secured Claims None E. Unsecured Priority Claims Internal Revenue Service Unknown F. Unsecured NonPriority Claims Pension Benefit Guaranty Corp. Unknown TOTAL SCHEDULED LIABILITIES -- ===== A full text copy of Delphi Foreign Sales' list of Interests in insurance policies is available for free at: http://ResearchArchives.com/t/s?53c Headquartered in Troy, Michigan, Delphi Corporation -- http://www.delphi.com/-- is the single largest global supplier of vehicle electronics, transportation components, integrated systems and modules, and other electronic technology. The Company's technology and products are present in more than 75 million vehicles on the road worldwide. The Company filed for chapter 11 protection on Oct. 8, 2005 (Bankr. S.D.N.Y. Lead Case No. 05-44481). John Wm. Butler Jr., Esq., John K. Lyons, Esq., and Ron E. Meisler, Esq., at Skadden, Arps, Slate, Meagher & Flom LLP, represent the Debtors in their restructuring efforts. As of Aug. 31, 2005, the Debtors' balance sheet showed $17,098,734,530 in total assets and $22,166,280,476 in total debts. (Delphi Bankruptcy News, Issue No. 15; Bankruptcy Creditors' Service, Inc., 215/945-7000) DELPHI CORP: Integrated Files Schedules of Assets and Debts ----------------------------------------------------------- A. Real Estate None B. Personal Property B.1 Cash on hand $250 B.2 Bank accounts Bank One, MI 784,548 B.3 Security deposits Rent Deposit 14,417 B.9 Interests in Insurance Policies Undetermined B.12 Stock and Interests Aspire Inc. Undetermined B.15 Accounts receivable Trade 180,719 Allowances (3,506) B.27 Machinery, furniture and fixtures 26,619 B.28 Inventory 310,659 TOTAL SCHEDULED ASSETS $1,313,706 =========== C. Property Claimed as Exempt None D. Secured Claims Bank One Unknown CIT Technologies Corp. Unknown Delphi Corp. Unknown JPMorgan Chase Bank, N.A. Unknown E. Unsecured Priority Claims Internal Revenue Service Unknown F. Unsecured NonPriority Claims Bailey Russell $3,376 Ease Diagnostics 17,634 General Motors Corp 18,783 Ingram Micro Inc. 1,028 Insight 20,220 Level 3 Communications LLC 1,521 New Image Building Services 800 Ricoh Customer Finance Corp. 188 TOTAL SCHEDULED LIABILITIES $63,550 ======== A full text copy of Delphi Integrated Service Solutions Inc.'s list of Interests in insurance policies is available for free at http://ResearchArchives.com/t/s?53d Headquartered in Troy, Michigan, Delphi Corporation -- http://www.delphi.com/-- is the single largest global supplier of vehicle electronics, transportation components, integrated systems and modules, and other electronic technology. The Company's technology and products are present in more than 75 million vehicles on the road worldwide. The Company filed for chapter 11 protection on Oct. 8, 2005 (Bankr. S.D.N.Y. Lead Case No. 05-44481). John Wm. Butler Jr., Esq., John K. Lyons, Esq., and Ron E. Meisler, Esq., at Skadden, Arps, Slate, Meagher & Flom LLP, represent the Debtors in their restructuring efforts. As of Aug. 31, 2005, the Debtors' balance sheet showed $17,098,734,530 in total assets and $22,166,280,476 in total debts. (Delphi Bankruptcy News, Issue No. 15; Bankruptcy Creditors' Service, Inc., 215/945-7000) DELPHI CORP: International Holdings' Schedules of Assets & Debts ---------------------------------------------------------------- A. Real Estate None B.9 Interests in Insurance Policies Undetermined B.12 Stock and Interests Delphi Alambrados Automotrices Undetermined DAS (Thailand) Ltd. Undetermined DAS do Brasil Ltda. Undetermined DAS limited Sirketi Undetermined DAS Luxembourg S.A. Undetermined DAS Private Ltd. Undetermined DAS, S.A. de C.V. Undetermined Delphi Belgium N.V. Undetermined Delphi Caleados, S.A. de C.V. Undetermined Delphi Controladora, S.A. de C.V. Undetermined Delphi Czech Republic, k.s. Undetermined Delphi Diesel Systems do Brasi Ltda. Undetermined Delphi Diesel Sys Pakistan Undetermined Delphi Ensable de Cables y Componentes Undetermined Delphi Hold. Hungary Asset Mngmnt Undetermined Delphi Int'l Hold. Corp. Luxembourg Undetermined Delphi Italia Electric Sielin Undetermined Delphi Packard Romania SRL Undetermined Productus Delco de Chihuahua Undetermined Sistemas Electricos y Commutadores Undetermined B.13 Interests in partnerships Delphi Otomotiv Sistemlery Sanayi Undetermined TOTAL SCHEDULED ASSETS -- ====== C. Property Claimed as Exempt None D. Secured Claims JPMorgan Chase Bank, N.A. Unknown E. Unsecured Priority Claims Internal Revenue Service Unknown Delaware Division of Corporations Unknown F. Unsecured NonPriority Claims Delphi Automotive Systems, LLC $11,290,264 Delphi Corporation 862 Pension Benefit Guaranty Corp. Unknown TOTAL SCHEDULED LIABILITIES $11,291,126 ============ A full text copy of Delphi International Holdings' list of Interests in insurance policies is available for free at: http://ResearchArchives.com/t/s?53e Headquartered in Troy, Michigan, Delphi Corporation -- http://www.delphi.com/-- is the single largest global supplier of vehicle electronics, transportation components, integrated systems and modules, and other electronic technology. The Company's technology and products are present in more than 75 million vehicles on the road worldwide. The Company filed for chapter 11 protection on Oct. 8, 2005 (Bankr. S.D.N.Y. Lead Case No. 05-44481). John Wm. Butler Jr., Esq., John K. Lyons, Esq., and Ron E. Meisler, Esq., at Skadden, Arps, Slate, Meagher & Flom LLP, represent the Debtors in their restructuring efforts. As of Aug. 31, 2005, the Debtors' balance sheet showed $17,098,734,530 in total assets and $22,166,280,476 in total debts. (Delphi Bankruptcy News, Issue No. 15; Bankruptcy Creditors' Service, Inc., 215/945-7000) FOOTSTAR INC: Earns $10.3 Million for the Period Ended Dec. 31 -------------------------------------------------------------- On Feb. 2, 2006, Footstar, Inc., and its debtor-affiliates filed their monthly operating report for the period from Nov. 27, 2005, to Dec. 31, 2005, with the U.S. Bankruptcy Court for the Southern District of New York. The Debtors reported $10,300,000 net income on $85,800,000 of net sales for the period from Nov. 27, 2005, to Dec. 31, 2005. The Debtors also reported a cumulative net loss of $48,700,000 on $1,409,700,000 of net sales from March 3, 2004, through Dec. 31, 2005. At Dec. 31, 2005, Footstar, Inc.'s consolidated balance sheet showed: Total Current Assets $318,500,000 Total Assets 358,700,000 Current Liabilities Subject to Compromise 144,200,000 Total Liabilities 320,400,000 Total Shareholders' Equity $38,300,000 A full-text copy of Footstar, Inc.'s Monthly Operating Report for the period from Nov. 27, 2005 to Dec. 31, 2005, is available at no charge at http://ResearchArchives.com/t/s?52d Headquartered in West Nyack, New York, Footstar Inc., retails family and athletic footwear. As of August 28, 2004, the Company operated 2,373 Meldisco licensed footwear departments nationwide in Kmart, Rite Aid and Federated Department Stores. The Company also distributes its own Thom McAn brand of quality leather footwear through Kmart, Wal-Mart and Shoe Zone stores. The Company and its debtor-affiliates filed for chapter 11 protection on March 3, 2004 (Bankr. S.D.N.Y. Case No. 04-22350). Paul M. Basta, Esq., at Weil Gotshal & Manges represents the Debtors in their restructuring efforts. When the Debtor filed for chapter 11 protection, it listed $762,500,000 in total assets and $302,200,000 in total debts. KAISER ALUMINUM: Posts $21.4 Million Net Loss in December 2005 -------------------------------------------------------------- Kaiser Aluminum Corporation -- All Debtors Unaudited Balance Sheets As of December 31, 2005 (In Thousands) ASSETS Cash $56,262 Receivables: Trade 104,606 Other 6,369 ---------- Total Receivables 110,975 Inventories 115,591 Prepaid expenses and other current assets 19,111 ---------- Total current assets 301,939 Investments in and advances to subsidiaries 19,317 Intercompany receivables/payables, net (4,056) Property, plant, and equipment - net 224,147 Deferred income taxes - Restricted proceeds from sale of commodity interests - Other assets 1,015,796 ---------- Total Assets $1,557,143 ========== LIABILITIES & STOCKHOLDERS' EQUITY Liabilities not subject to compromise: Accounts Payable $52,493 Accrued interest 1,033 Accrued salaries, wages and related expenses 42,064 Accrued post retirement benefit - current - Other accrued liabilities 61,401 Payable to affiliates 14,800 Long term debt - current portion 1,157 ---------- Total current liabilities 172,948 Long-term liabilities 39,203 Accrued postretirement benefit obligation - Long-term debt 1,212 Liabilities subject to compromise 4,497,258 Minority interests 655 Stockholders' equity: Preference stock - Common stock 738 Additional capital (248,964) Accumulated deficit - As of filing date (1,296,913) Accumulated deficit - Post filing date (1,596,609) Accumulated other comprehensive income (loss) (12,385) Note receivable from parent - ---------- Total Liabilities & Stockholders' Equity $1,557,143 ========== Kaiser Aluminum Corporation -- All Debtors Unaudited Statements of Operations For the Month Ending December 31, 2005 (In Thousands) Net Sales $93,788 Costs and expenses: Cost of products sold 80,558 Depreciation & amortization 1,614 Selling, administrative, R&D and general 5,400 Other operating charges (benefits), net 41,673 ---------- Total costs and expenses 129,245 ---------- Operating income (loss) (35,457) Other income (expense): Interest expenses, net (408) Reorganization items (288) Other-net (425) ---------- Income (loss) before income taxes and minority interest (36,578) (Provision) benefit for income taxes 15,159 Minority interests - Equity in income (loss) of subsidiaries (46) ---------- Net income (loss) ($21,465) ========== Kaiser Aluminum Corporation -- All Debtors Schedule of Consolidated Cash Receipts and Disbursements For the Month Ending December 31, 2005 (In Thousands) Receipts: Trade Receivables KACC Receivables $72,777 KAII Receivables 24,713 ---------- Total Trade Receivables 97,490 Proceeds under Intercompany Settlement Agreement 21,204 COBRA receipts 650 Proceeds from Hedging Settlement 522 ---------- Total Receipts 119,866 Disbursements: Inventory/Raw Materials 50,486 Capital Expenditures 4,223 Domestic Income Tax Payment 2,125 Maintenance, Materials, etc. 4,543 Freight 5,049 Utilities/Energy 7,919 Hourly Payroll 7,968 Salaried Payroll 3,379 Hedging Activities 100 VEBA Advances 1,900 Medical - Current Employees 2,881 Annual Insurance Premiums - Workmen's Compensation 512 Corporate General and Administrative 4,645 JV Fundings - Primary, Net of Reimbursements 9,651 Other Disbursements 2,250 ---------- Total Operating and G&A Disbursements 107,631 Reorganization Items 6,778 ---------- Total Disbursements 114,409 ---------- Net Cash Flow 5,457 Beginning Bank Cash Balances 53,586 ---------- Ending Bank Cash Balances 59,043 Reconciling Items (2,781) ---------- Ending Book Cash Balances $56,262 ========== Headquartered in Foothill Ranch, California, Kaiser Aluminum Corporation -- http://www.kaiseraluminum.com/-- is a leading producer of fabricated aluminum products for aerospace and high- strength, general engineering, automotive, and custom industrial applications. The Company filed for chapter 11 protection on February 12, 2002 (Bankr. Del. Case No. 02-10429), and has sold off a number of its commodity businesses during course of its cases. Corinne Ball, Esq., at Jones Day, represents the Debtors in their restructuring efforts. On June 30, 2004, the Debtors listed $1.619 billion in assets and $3.396 billion in debts. (Kaiser Bankruptcy News, Issue No. 89; Bankruptcy Creditors' Service, Inc., 215/945-7000) NEWPOWER HOLDINGS: Files Monthly Report for Period Ended Nov. 30 ---------------------------------------------------------------- On Dec. 30, 2005, NewPower Holdings, Inc., filed its Monthly Operating Report for the period from Oct. 31, 2005, to Nov. 30, 2005, with the U.S. Bankruptcy Court for the Northern District of Georgia, Newnan Division. The company reports an opening cash balance of $51,881,000 and a closing cash balance of $51,472,000. A full-text copy of NewPower Holdings, Inc.'s Monthly Operating Report for the period from Oct. 31, 2005, to Nov. 30, 2005, is available at no charge at http://ResearchArchives.com/t/s?52c NewPower Holdings, Inc., and its debtor-affiliates filed for chapter 11 protection on June 11, 2002 (Bankr. N.D. Ga. 02-10836). Paul K. Ferdinands, Esq., at King & Spalding and William M. Goldman, Esq., at Sidley Austin Brown & Wood LLP represent the Debtors. When the Debtors filed for chapter 11 protection, they reported $231,837,000 in assets and $87,936,000 in debts. On Aug. 15, 2003, the United States Bankruptcy Court for the Northern District of Georgia, Newnan Division, confirmed the Second Amended Chapter 11 Plan with respect to NewPower Holdings, Inc., and TNPC Holdings, Inc., a wholly owned subsidiary of the Company. On Feb. 28, 2003, the Bankruptcy Court previously confirmed the Plan, and the Plan has been effective as of March 11, 2003, with respect to The New Power Company, a wholly owned subsidiary of the Company. The Plan became effective on Oct. 9, 2003, with respect to the Company and TNPC. NEWPOWER HOLDINGS: Files Monthly Report for Period Ended Dec. 31 ---------------------------------------------------------------- On Feb. 1, 2006, NewPower Holdings, Inc., filed its Monthly Operating Report for the period from Nov. 30, 2005, to Dec. 31, 2005, with the U.S. Bankruptcy Court for the Northern District of Georgia, Newnan Division. The company reports an opening cash balance of $51,472,000 and a closing cash balance of $51,333,000. A full-text copy of NewPower Holdings, Inc.'s Monthly Operating Report for the period from Nov. 30, 2005, to Dec. 31, 2005, is available at no charge at http://ResearchArchives.com/t/s?52b NewPower Holdings, Inc., and its debtor-affiliates filed for chapter 11 protection on June 11, 2002 (Bankr. N.D. Ga. 02-10836). Paul K. Ferdinands, Esq., at King & Spalding and William M. Goldman, Esq., at Sidley Austin Brown & Wood LLP represent the Debtors. When the Debtors filed for chapter 11 protection, they reported $231,837,000 in assets and $87,936,000 in debts. On Aug. 15, 2003, the United States Bankruptcy Court for the Northern District of Georgia, Newnan Division, confirmed the Second Amended Chapter 11 Plan with respect to NewPower Holdings, Inc., and TNPC Holdings, Inc., a wholly owned subsidiary of the Company. On Feb. 28, 2003, the Bankruptcy Court previously confirmed the Plan, and the Plan has been effective as of March 11, 2003, with respect to The New Power Company, a wholly owned subsidiary of the Company. The Plan became effective on Oct. 9, 2003, with respect to the Company and TNPC. OWENS CORNINGS: November 30 Balance Sheet Upside-Down by $7.5 Mil. ------------------------------------------------------------------ Owens Corning Balance Sheet As of November 30, 2005 (In Thousands) Current Assets: Cash and cash equivalents $966,280 Receivables 460,097 Receivables-Inter-company 999,081 Inventories 189,214 Insurance for Asbestos Litigation Claims - Deferred Income Taxes 484 Income Tax Receivable 926 Other Current Assets 23,659 ----------- Total Current Assets 2,639,741 Other Assets: Insurance for Asbestos Litigation Claims 4,220 Restricted Cash 188,837 Restricted cash and securities - Fibreboard - Deferred Income Taxes 1,021,755 Goodwill 48,568 Investment in Affiliates 31,211 Investment in Subsidiaries 2,022,050 Notes Receivable - Intercompany 5,270 Other Non-current Assets 531,833 ----------- Total Other Assets 3,853,744 Plant & Equipment: Land 34,645 Buildings & Leasehold Improvements 548,241 Machinery & Equipment 2,202,184 Construction in Progress 127,722 Less: Accumulated Depreciation 1,636,530 ----------- Net Plant and Equipment 1,276,262 ----------- TOTAL ASSETS $7,769,747 =========== Liabilities not Subject to Compromise: Accounts Payable & Accrued Liabilities $610,711 Accrued Post-Petition Interest 537,970 Inter-company Liabilities 1,096,604 Short-term debt - Long-term debt - current portion 1,367 ----------- Total Current Liabilities 2,246,652 Long-Term Debt 9,473 Other: Other Employee Benefits Liability 234,017 Pension Plan Liability 617,604 Other Liability 165,774 ----------- Total Non-Current Liabilities 1,017,395 ----------- Total Postpetition Liabilities 3,273,520 Prepetition Liabilities: Accounts Payable and Accrued Liabilities 252,707 Other Employee Benefits Liability 186,340 Pension Plan Liability - Debt-US Bank Credit Facility 1,450,986 Debt-Bonds & Other 1,501,073 Asbestos-Related Liability 6,166,734 Inter-company 2,452,666 Other - ----------- Total Prepetition Liabilities 12,010,506 Total Liabilities 15,284,026 Minority Interest - Stockholder's Equity: Common Stock 697,298 Retained Earnings (Deficit) (7,885,158) Accumulated Comprehensive Income (Loss) (6,607) Other (319,812) ----------- Net Stockholder's Equity (7,514,279) ----------- TOTAL LIABILITIES & STOCKHOLDER'S EQUITY $7,769,747 =========== Owens Corning -- http://www.owenscorning.com/-- manufactures fiberglass insulation, roofing materials, vinyl windows and siding, patio doors, rain gutters and downspouts. Headquartered in Toledo, Ohio, 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. (Owens Corning Bankruptcy News, Issue No. 125; Bankruptcy Creditors' Service, Inc., 215/945-7000) REFCO INC: Administration Files Schedules of Assets and Debts ------------------------------------------------------------- A. Real estate $0 B. Personal property B.15 Accounts receivable Refco Capital Markets Ltd. 533,884 Refco Capital, LLC 3,068 Refco F/X Associates, LLC 18,937 Refco Fixed Assets Management, LLC 2,447 Refco Securities, LLC 90,530 Refco, LLC 85,636 B.20 Other contingent & unliquidated claims Various causes of action undetermined TOTAL SCHEDULED ASSETS $734,502 ========= C. Property claimed as exempt Not applicable D. Secured claims Bank of America, N.A. $643,718,955 E. Unsecured priority claims 0 F. Unsecured non-priority claims Senior subordinated notes: Wells Fargo Corporate Trust Services 397,404,658 Intercompany liabilities: Refco Capital Holdings, LLC 13,962 Refco Capital LLC 1,317,153 Refco LLC 61,207 Potential indemnification obligations: undetermined TOTAL SCHEDULED LIABILITIES $1,042,515,934 =============== Headquartered in New York, New York, Refco Inc. -- http://www.refco.com/-- is a diversified financial services organization with operations in 14 countries and an extensive global institutional and retail client base. Refco's worldwide subsidiaries are members of principal U.S. and international exchanges, and are among the most active members of futures exchanges in Chicago, New York, London and Singapore. In addition to its futures brokerage activities, Refco is a major broker of cash market products, including foreign exchange, foreign exchange options, government securities, domestic and international equities, emerging market debt, and OTC financial and commodity products. Refco is one of the largest global clearing firms for derivatives. The Company and 23 of its affiliates filed for chapter 11 protection on Oct. 17, 2005 (Bankr. S.D.N.Y. Case No. 05-60006). J. Gregory Milmoe, Esq., at Skadden, Arps, Slate, Meagher & Flom LLP, represent the Debtors in their restructuring efforts. Refco reported $16.5 billion in assets and $16.8 billion in debts to the Bankruptcy Court on the first day of its chapter 11 cases. (Refco Bankruptcy News, Issue No. 20; Bankruptcy Creditors' Service, Inc., 215/945-7000) REFCO INC: Capital Holdings Files Schedules of Assets and Debts --------------------------------------------------------------- A. Real property $0 B. Personal property B.12 Stock interests Investment in subsidiary 19,092,873 B.13 Interests in partnerships undetermined B.15 Accounts receivable Refco (Singapore) PTE Ltd. 502,679 Refco Canada Company 11,391 Refco Capital LLC 38,467,303 Refco Capital Markets Ltd. 7,696,376 Refco Capital Trading, LLC 14,206 Refco Group Ltd., LLC 5,173,709 Refco LLC 7,664 Refco Securities, LLC 4,219,589 Refco Fund Holdings, LLC 11,351 B.17 Other liquidated debts owed LaSalle Commercio 1,587,758 Phillip R. Bennett 844,556 B.20 Other contingent & unliquidated claims undetermined B.21 Patents, copyrights & trademarks 0 TOTAL SCHEDULED ASSETS $77,629,455 ============ C. Property claimed as exempt Not applicable D. Secured claims Bank of America, N.A. $643,718,955 E. Unsecured priority claims 0 F. Unsecured non-priority claims Senior subordinated notes: Wells Fargo Corporate Trust Services 397,404,658 Intercompany liabilities: Refco Capital LLC 85,257,249 Refco Fixed Assets Management LLC 798,194 Refco Group Ltd., LLC 1,909,996 Refco LLC 34,263 Potential indemnification obligations undetermined TOTAL SCHEDULED LIABILITIES $1,129,123,315 =============== Headquartered in New York, New York, Refco Inc. -- http://www.refco.com/-- is a diversified financial services organization with operations in 14 countries and an extensive global institutional and retail client base. Refco's worldwide subsidiaries are members of principal U.S. and international exchanges, and are among the most active members of futures exchanges in Chicago, New York, London and Singapore. In addition to its futures brokerage activities, Refco is a major broker of cash market products, including foreign exchange, foreign exchange options, government securities, domestic and international equities, emerging market debt, and OTC financial and commodity products. Refco is one of the largest global clearing firms for derivatives. The Company and 23 of its affiliates filed for chapter 11 protection on Oct. 17, 2005 (Bankr. S.D.N.Y. Case No. 05-60006). J. Gregory Milmoe, Esq., at Skadden, Arps, Slate, Meagher & Flom LLP, represent the Debtors in their restructuring efforts. Refco reported $16.5 billion in assets and $16.8 billion in debts to the Bankruptcy Court on the first day of its chapter 11 cases. (Refco Bankruptcy News, Issue No. 22; Bankruptcy Creditors' Service, Inc., 215/945-7000) REFCO INC: Capital Management Files Schedules of Assets and Debts ----------------------------------------------------------------- A. Real property $0 B. Personal property B.12 Stock interests Investment in subsidiary 20,182,400 B.20 Other contingent & unliquidated claims undetermined B.21 Patents, copyrights & trademarks 0 TOTAL SCHEDULED ASSETS $20,182,400 ============ C. Property claimed as exempt Not applicable D. Secured claims Bank of America, N.A. $643,718,955 E. Unsecured priority claims 0 F. Unsecured non-priority claims Senior subordinated notes: Wells Fargo Corporate Trust Services 397,404,658 Intercompany liabilities: Refco Capital LLC 5,438,392 Potential indemnification obligations undetermined TOTAL SCHEDULED LIABILITIES $1,046,562,005 =============== Headquartered in New York, New York, Refco Inc. -- http://www.refco.com/-- is a diversified financial services organization with operations in 14 countries and an extensive global institutional and retail client base. Refco's worldwide subsidiaries are members of principal U.S. and international exchanges, and are among the most active members of futures exchanges in Chicago, New York, London and Singapore. In addition to its futures brokerage activities, Refco is a major broker of cash market products, including foreign exchange, foreign exchange options, government securities, domestic and international equities, emerging market debt, and OTC financial and commodity products. Refco is one of the largest global clearing firms for derivatives. The Company and 23 of its affiliates filed for chapter 11 protection on Oct. 17, 2005 (Bankr. S.D.N.Y. Case No. 05-60006). J. Gregory Milmoe, Esq., at Skadden, Arps, Slate, Meagher & Flom LLP, represent the Debtors in their restructuring efforts. Refco reported $16.5 billion in assets and $16.8 billion in debts to the Bankruptcy Court on the first day of its chapter 11 cases. (Refco Bankruptcy News, Issue No. 20; Bankruptcy Creditors' Service, Inc., 215/945-7000) REFCO INC: Capital Trading Files Schedules of Assets and Debts -------------------------------------------------------------- A. Real estate $0 B. Personal property B.15 Accounts receivable Refco Capital, LLC $1,150,789 Refco Europe Ltd. 166,471 Refco LLC 56,437 B.20 Other contingent & unliquidated claims Various causes of action undetermined TOTAL SCHEDULED ASSETS $1,373,697 =========== C. Property claimed as exempt Not applicable D. Secured claims Bank of America, N.A. $643,718,955 E. Unsecured priority claims 0 F. Unsecured non-priority claims Senior subordinated notes: Wells Fargo Corporate Trust Services 397,404,658 Intercompany liabilities: Refco Capital LLC 5,349,371 Potential indemnification obligations undetermined TOTAL SCHEDULED LIABILITIES $1,046,472,984 =============== Headquartered in New York, New York, Refco Inc. -- http://www.refco.com/-- is a diversified financial services organization with operations in 14 countries and an extensive global institutional and retail client base. Refco's worldwide subsidiaries are members of principal U.S. and international exchanges, and are among the most active members of futures exchanges in Chicago, New York, London and Singapore. In addition to its futures brokerage activities, Refco is a major broker of cash market products, including foreign exchange, foreign exchange options, government securities, domestic and international equities, emerging market debt, and OTC financial and commodity products. Refco is one of the largest global clearing firms for derivatives. The Company and 23 of its affiliates filed for chapter 11 protection on Oct. 17, 2005 (Bankr. S.D.N.Y. Case No. 05-60006). J. Gregory Milmoe, Esq., at Skadden, Arps, Slate, Meagher & Flom LLP, represent the Debtors in their restructuring efforts. Refco reported $16.5 billion in assets and $16.8 billion in debts to the Bankruptcy Court on the first day of its chapter 11 cases. (Refco Bankruptcy News, Issue No. 20; Bankruptcy Creditors' Service, Inc., 215/945-7000) REFCO INC: Financial LLC Files Schedules of Assets and Debts ------------------------------------------------------------ A. Real estate $0 B. Personal property B.15 Accounts receivable Refco Capital, LLC 356,465 Refco, LLC 243 B.20 Other contingent & unliquidated claims Various causes of action undetermined TOTAL SCHEDULED ASSETS $356,708 ========= C. Property claimed as exempt Not applicable D. Secured claims Bank of America, N.A. $643,718,955 E. Unsecured priority claims 0 F. Unsecured non-priority claims Senior subordinated notes: Wells Fargo Corporate Trust Services 397,404,658 Potential indemnification obligations undetermined TOTAL SCHEDULED LIABILITIES $1,041,123,613 =============== Headquartered in New York, New York, Refco Inc. -- http://www.refco.com/-- is a diversified financial services organization with operations in 14 countries and an extensive global institutional and retail client base. Refco's worldwide subsidiaries are members of principal U.S. and international exchanges, and are among the most active members of futures exchanges in Chicago, New York, London and Singapore. In addition to its futures brokerage activities, Refco is a major broker of cash market products, including foreign exchange, foreign exchange options, government securities, domestic and international equities, emerging market debt, and OTC financial and commodity products. Refco is one of the largest global clearing firms for derivatives. The Company and 23 of its affiliates filed for chapter 11 protection on Oct. 17, 2005 (Bankr. S.D.N.Y. Case No. 05-60006). J. Gregory Milmoe, Esq., at Skadden, Arps, Slate, Meagher & Flom LLP, represent the Debtors in their restructuring efforts. Refco reported $16.5 billion in assets and $16.8 billion in debts to the Bankruptcy Court on the first day of its chapter 11 cases. (Refco Bankruptcy News, Issue No. 20; Bankruptcy Creditors' Service, Inc., 215/945-7000) REFCO INC: Fixed Assets Files Schedules of Assets and Liabilities ----------------------------------------------------------------- A. Real estate $0 B. Personal property B.15 Accounts receivable Refco Capital Holdings, LLC 801,358 Refco Capital Markets Ltd. 231,586 Refco Capital Trading, LLC 17 Refco Capital, LLC 8,491 Refco Fund Holdings, LLC 11,027 Refco Group Ltd., LLC 2,765,344 Refco Securities, LLC 158,234 Refco Trading Services, LLC 247,403 Refco, LLC 2,144,182 B.20 Other contingent & unliquidated claims Various causes of action Undetermined B.26 Office equipment Office furniture 91,683 B.27 Machinery, furniture and fixtures Computer equipment 1,248,403 TOTAL SCHEDULED ASSETS $7,707,729 =========== C. Property claimed as exempt Not applicable D. Secured claims Bank of America, N.A. $643,718,955 E. Unsecured priority claims 0 F. Unsecured non-priority claims Senior subordinated notes: Wells Fargo Corporate Trust Services 397,404,658 Intercompany liabilities: Refco Capital LLC 34,736,364 Potential indemnification obligations undetermined TOTAL SCHEDULED LIABILITIES $1,075,859,977 =============== Headquartered in New York, New York, Refco Inc. -- http://www.refco.com/-- is a diversified financial services organization with operations in 14 countries and an extensive global institutional and retail client base. Refco's worldwide subsidiaries are members of principal U.S. and international exchanges, and are among the most active members of futures exchanges in Chicago, New York, London and Singapore. In addition to its futures brokerage activities, Refco is a major broker of cash market products, including foreign exchange, foreign exchange options, government securities, domestic and international equities, emerging market debt, and OTC financial and commodity products. Refco is one of the largest global clearing firms for derivatives. The Company and 23 of its affiliates filed for chapter 11 protection on Oct. 17, 2005 (Bankr. S.D.N.Y. Case No. 05-60006). J. Gregory Milmoe, Esq., at Skadden, Arps, Slate, Meagher & Flom LLP, represent the Debtors in their restructuring efforts. Refco reported $16.5 billion in assets and $16.8 billion in debts to the Bankruptcy Court on the first day of its chapter 11 cases. (Refco Bankruptcy News, Issue No. 20; Bankruptcy Creditors' Service, Inc., 215/945-7000) REFCO INC: Global Futures Files Schedules of Assets and Debts ------------------------------------------------------------- A. Real property $0 B. Personal property B.12 Stock interests Investment in subsidiary 62,474,272 B.13 Interests in partnerships Futures Group, Inc. undetermined B.20 Other contingent & unliquidated claims undetermined B.21 Patents, copyrights & trademarks 0 TOTAL SCHEDULED ASSETS $62,474,272 ============ C. Property claimed as exempt Not applicable D. Secured claims Bank of America, N.A. $643,718,955 E. Unsecured priority claims 0 F. Unsecured non-priority claims Senior subordinated notes: Wells Fargo Corporate Trust Services 397,404,658 Intercompany liabilities: Refco Capital LLC 184,417,992 Potential indemnification obligations undetermined TOTAL SCHEDULED LIABILITIES $1,225,541,605 =============== Headquartered in New York, New York, Refco Inc. -- http://www.refco.com/-- is a diversified financial services organization with operations in 14 countries and an extensive global institutional and retail client base. Refco's worldwide subsidiaries are members of principal U.S. and international exchanges, and are among the most active members of futures exchanges in Chicago, New York, London and Singapore. In addition to its futures brokerage activities, Refco is a major broker of cash market products, including foreign exchange, foreign exchange options, government securities, domestic and international equities, emerging market debt, and OTC financial and commodity products. Refco is one of the largest global clearing firms for derivatives. The Company and 23 of its affiliates filed for chapter 11 protection on Oct. 17, 2005 (Bankr. S.D.N.Y. Case No. 05-60006). J. Gregory Milmoe, Esq., at Skadden, Arps, Slate, Meagher & Flom LLP, represent the Debtors in their restructuring efforts. Refco reported $16.5 billion in assets and $16.8 billion in debts to the Bankruptcy Court on the first day of its chapter 11 cases. (Refco Bankruptcy News, Issue No. 20; Bankruptcy Creditors' Service, Inc., 215/945-7000) REFCO INC: Global Holdings Files Schedules of Assets and Debts -------------------------------------------------------------- A. Real property $0 B. Personal property B.12 Stock interests Investment in subsidiary 93,338,902 B.13 Interests in partnerships undetermined B.15 Accounts receivable Refco Canada Company 34,193,286 Refco Capital Holdings, LLC 91,440 Refco Capital, LLC 50,583,105 Refco Europe Ltd. 31,384,953 Refco Global Finance Ltd. 0 Refco Securities, S.A. 3,916,185 B.17 Other liquidated debts owed Alpha Investment Management 108,320 B.20 Other contingent & unliquidated claims undetermined B.21 Patents, copyrights & trademarks undetermined TOTAL SCHEDULED ASSETS $213,616,191 ============= C. Property claimed as exempt Not applicable D. Secured claims Bank of America, N.A. $643,718,955 E. Unsecured priority claims 0 F. Unsecured non-priority claims Senior subordinated notes: Wells Fargo Corporate Trust Services 397,404,658 Intercompany liabilities: Refco Global Finance Ltd. 226,412,679 Potential indemnification obligations undetermined TOTAL SCHEDULED LIABILITIES $1,267,536,292 =============== Headquartered in New York, New York, Refco Inc. -- http://www.refco.com/-- is a diversified financial services organization with operations in 14 countries and an extensive global institutional and retail client base. Refco's worldwide subsidiaries are members of principal U.S. and international exchanges, and are among the most active members of futures exchanges in Chicago, New York, London and Singapore. In addition to its futures brokerage activities, Refco is a major broker of cash market products, including foreign exchange, foreign exchange options, government securities, domestic and international equities, emerging market debt, and OTC financial and commodity products. Refco is one of the largest global clearing firms for derivatives. The Company and 23 of its affiliates filed for chapter 11 protection on Oct. 17, 2005 (Bankr. S.D.N.Y. Case No. 05-60006). J. Gregory Milmoe, Esq., at Skadden, Arps, Slate, Meagher & Flom LLP, represent the Debtors in their restructuring efforts. Refco reported $16.5 billion in assets and $16.8 billion in debts to the Bankruptcy Court on the first day of its chapter 11 cases. (Refco Bankruptcy News, Issue No. 20; Bankruptcy Creditors' Service, Inc., 215/945-7000) REFCO INC: Info Services Files Schedules of Assets and Debts ------------------------------------------------------------ A. Real estate $0 B. Personal property B.15 Accounts receivable Refco Capital, LLC 196,402 B.20 Other contingent & unliquidated claims Various causes of action undetermined TOTAL SCHEDULED ASSETS $196,402 ========= C. Property claimed as Exempt Not applicable D. Secured claims Bank of America, N.A. $643,718,955 E. Unsecured priority claims 0 F. Unsecured non-priority claims Senior subordinated notes: Wells Fargo Corporate Trust Services 397,404,658 Potential indemnification obligations undetermined TOTAL SCHEDULED LIABILITIES $1,041,123,613 =============== Headquartered in New York, New York, Refco Inc. -- http://www.refco.com/-- is a diversified financial services organization with operations in 14 countries and an extensive global institutional and retail client base. Refco's worldwide subsidiaries are members of principal U.S. and international exchanges, and are among the most active members of futures exchanges in Chicago, New York, London and Singapore. In addition to its futures brokerage activities, Refco is a major broker of cash market products, including foreign exchange, foreign exchange options, government securities, domestic and international equities, emerging market debt, and OTC financial and commodity products. Refco is one of the largest global clearing firms for derivatives. The Company and 23 of its affiliates filed for chapter 11 protection on Oct. 17, 2005 (Bankr. S.D.N.Y. Case No. 05-60006). J. Gregory Milmoe, Esq., at Skadden, Arps, Slate, Meagher & Flom LLP, represent the Debtors in their restructuring efforts. Refco reported $16.5 billion in assets and $16.8 billion in debts to the Bankruptcy Court on the first day of its chapter 11 cases. (Refco Bankruptcy News, Issue No. 20; Bankruptcy Creditors' Service, Inc., 215/945-7000) REFCO INC: Kroeck & Associates Files Schedules of Assets & Debts ---------------------------------------------------------------- A. Real estate $0 B. Personal property B.2 Bank accounts Harris Trust & Savings Bank 218,234 B.15 Accounts receivable Refco Capital LLC 150,000 Refco Futures (Canada) Ltd. 161,837 Refco, LLC 669,231 B.17 Other liquidated debts owed Chicago Mercantile Exchange 18,379 B.20 Other contingent & unliquidated claims Various causes of action undetermined TOTAL SCHEDULED ASSETS $1,217,681 =========== C. Property claimed as exempt Not applicable D. Secured claims Bank of America, N.A. $643,718,955 E. Unsecured priority claims 0 F. Unsecured non-priority claims Senior subordinated notes: Wells Fargo Corporate Trust Services 397,404,658 Accounts payable: Bloomberg L.P. 39,168 CNBC National TV 127,135 Fathom Online 24,271 Futuresource Bridge 33,000 New York Times.Com 16,341 Walls Street Journal 49,466 Yahoo! Inc. 26,197 Others 72,963 Intercompany liabilities: Refco LLC 231,058 Potential indemnification obligations undetermined TOTAL SCHEDULED LIABILITIES $1,041,743,212 =============== Headquartered in New York, New York, Refco Inc. -- http://www.refco.com/-- is a diversified financial services organization with operations in 14 countries and an extensive global institutional and retail client base. Refco's worldwide subsidiaries are members of principal U.S. and international exchanges, and are among the most active members of futures exchanges in Chicago, New York, London and Singapore. In addition to its futures brokerage activities, Refco is a major broker of cash market products, including foreign exchange, foreign exchange options, government securities, domestic and international equities, emerging market debt, and OTC financial and commodity products. Refco is one of the largest global clearing firms for derivatives. The Company and 23 of its affiliates filed for chapter 11 protection on Oct. 17, 2005 (Bankr. S.D.N.Y. Case No. 05-60006). J. Gregory Milmoe, Esq., at Skadden, Arps, Slate, Meagher & Flom LLP, represent the Debtors in their restructuring efforts. Refco reported $16.5 billion in assets and $16.8 billion in debts to the Bankruptcy Court on the first day of its chapter 11 cases. (Refco Bankruptcy News, Issue No. 20; Bankruptcy Creditors' Service, Inc., 215/945-7000) REFCO INC: Marshall Metals Files Schedules of Assets and Debts -------------------------------------------------------------- A. Real estate $0 B. Personal property B.15 Accounts receivable Refco Capital, LLC 6,664,716 B.20 Other contingent & unliquidated claims Various causes of action undetermined TOTAL SCHEDULED ASSETS $6,664,716 =========== C. Property claimed as exempt Not applicable D. Secured claims Bank of America, N.A. $643,718,955 E. Unsecured priority claims 0 F. Unsecured non-priority claims Senior subordinated notes: Wells Fargo Corporate Trust Services 397,404,658 Intercompany liabilities: Haut Commodities LLC 9,382,499 Refco Overseas Ltd. 465,020 Potential indemnification obligations undetermined TOTAL SCHEDULED LIABILITIES $1,050,971,132 =============== Headquartered in New York, New York, Refco Inc. -- http://www.refco.com/-- is a diversified financial services organization with operations in 14 countries and an extensive global institutional and retail client base. Refco's worldwide subsidiaries are members of principal U.S. and international exchanges, and are among the most active members of futures exchanges in Chicago, New York, London and Singapore. In addition to its futures brokerage activities, Refco is a major broker of cash market products, including foreign exchange, foreign exchange options, government securities, domestic and international equities, emerging market debt, and OTC financial and commodity products. Refco is one of the largest global clearing firms for derivatives. The Company and 23 of its affiliates filed for chapter 11 protection on Oct. 17, 2005 (Bankr. S.D.N.Y. Case No. 05-60006). J. Gregory Milmoe, Esq., at Skadden, Arps, Slate, Meagher & Flom LLP, represent the Debtors in their restructuring efforts. Refco reported $16.5 billion in assets and $16.8 billion in debts to the Bankruptcy Court on the first day of its chapter 11 cases. (Refco Bankruptcy News, Issue No. 20; Bankruptcy Creditors' Service, Inc., 215/945-7000) REFCO INC: Regulated Companies Files Schedules of Assets and Debts ------------------------------------------------------------------ A. Real property $0 B. Personal property B.12 Stock interests Investment in subsidiary 108,139,402 B.20 Other contingent & unliquidated claims Undetermined B.21 Patents, copyrights & trademarks 0 TOTAL SCHEDULED ASSETS $108,139,402 ============= C. Property claimed as exempt Not applicable D. Secured claims Bank of America, N.A. $643,718,955 E. Unsecured priority claims 0 F. Unsecured non-priority claims Senior subordinated notes: Wells Fargo Corporate Trust Services 397,404,658 Intercompany liabilities: Refco Capital LLC 96,226,684 Potential indemnification obligations undetermined TOTAL SCHEDULED LIABILITIES $1,137,350,297 =============== Headquartered in New York, New York, Refco Inc. -- http://www.refco.com/-- is a diversified financial services organization with operations in 14 countries and an extensive global institutional and retail client base. Refco's worldwide subsidiaries are members of principal U.S. and international exchanges, and are among the most active members of futures exchanges in Chicago, New York, London and Singapore. In addition to its futures brokerage activities, Refco is a major broker of cash market products, including foreign exchange, foreign exchange options, government securities, domestic and international equities, emerging market debt, and OTC financial and commodity products. Refco is one of the largest global clearing firms for derivatives. The Company and 23 of its affiliates filed for chapter 11 protection on Oct. 17, 2005 (Bankr. S.D.N.Y. Case No. 05-60006). J. Gregory Milmoe, Esq., at Skadden, Arps, Slate, Meagher & Flom LLP, represent the Debtors in their restructuring efforts. Refco reported $16.5 billion in assets and $16.8 billion in debts to the Bankruptcy Court on the first day of its chapter 11 cases. (Refco Bankruptcy News, Issue No. 20; 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 A. Soriano-Baaclo, Marjorie C. Sabijon, Terence Patrick F. Casquejo, Christian Q. Salta, Jason A. Nieva, Lucilo Junior M. Pinili, Tara Marie A. Martin and Peter A. Chapman, Editors. Copyright 2006. 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 $725 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 ***