-------------------------------------------------------------------------------------------------------------------------------
OFFICE OF THE UNITED STATES TRUSTEE
PAGE 1
CENTRAL DISTRICT OF CALIFORNIA
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------
IN RE: ) DEBTOR IN POSSESSION INTERIM STATEMENT
)
Superior National Insurance Group ) STATEMENT NO. 14
) FOR THE PERIOD FROM: 1-May-01
DEBTOR) TO: 31-May-01
-------------------------------------
CHAPTER 11 CASE NO. SV00-14099-GM )
-------------------------------------
-------------------------------------------------------------------------
DIP Payroll DIP WCMA/MLIF DIP Operating Pre-Petition
Account ACCOUNT Account Payroll Account
-------------------------------------------------------------------------
CASH ACTIVITY ANALYSIS CLOSED 5/12/00
A. Total Receipts Per All Prior Interim Statements $7,353,680.50 $3,554,273.99 $330,319.36 $127,139.87
B. Less: Total Disbursements Per All Prior $7,352,463.19 $3,379,607.83 $292,349.43 $127,139.87
Interim Statements
-------------------------------------------------------------------------
C. Beginning Balance $ 1,217.31 $ 174,666.16 $ 37,969.93 $ 0.00
-------------------------------------------------------------------------
D. Receipts During Current Period
Per Attached Schedule $ 68,535.86 $ 1,916.25 $ 20,000.00 $ 0.00
-------------------------------------------------------------------------
E. Balance Available $ 69,753.17 $ 176,582.40 $ 57,969.93 $ 0.00
-------------------------------------------------------------------------
F. Less: Disbursements During Period
Per Attached Schedule $ 65,872.97 $ 126,778.76 $ 30,382.74 $ 0.00
-------------------------------------------------------------------------
G. Ending Balance $ 3,880.20 $ 47,803.64 $ 27,587.19 $ 0.00
-------------------------------------------------------------------------
-------------------------------------------------------------------
Pre-Petition Pre-Petition
Operating Account Operating Account Pre-Petition
Imperial Bank Bank of Bermuda Investment Account
-------------------------------------------------------------------
CLOSED 5/15/00 CLOSED 5/18/00 CLOSED 5/31/00
CASH ACTIVITY ANALYSIS
A. Total Receipts Per All Prior Interim Statements $ 84.46 $ 45.84 $ 12.16
B. Less: Total Disbursements Per All Prior $ 84.46 $ 45.84 $ 12.16
Interim Statements
-------------------------------------------------------------------
C. Beginning Balance $ 0.00 $ 0.00 $ 0.00
-------------------------------------------------------------------
D. Receipts During Current Period
Per Attached Schedule $ 0.00 $ 0.00 $ 0.00
-------------------------------------------------------------------
E. Balance Available $ 0.00 $ 0.00 $ 0.00
-------------------------------------------------------------------
F. Less: Disbursements During Period
Per Attached Schedule $ 0.00 $ 0.00 $ 0.00
-------------------------------------------------------------------
G. Ending Balance $ 0.00 $ 0.00 $ 0.00
-------------------------------------------------------------------
H. ACCOUNT INFORMATION
(1). DIP Payroll Account
(a) Depository Name and Location Bank of America, 000 Xxxxxxxxxx
Xxxxxx, XX0, Xxx Xxxxxxxxx, XX
00000
(b) Account Number 15819-20438
(2). DIP WCMA/MLIF Account
(a) Depository Name and Location Xxxxxxx Xxxxx, 00 Xxxx Xxxxxx
Xxxxxx, #000, Xxxxxx, XX 00000
(b) Account Number 77M07W63
(3). DIP Operating Account
(a) Depository Name and Location Bank of America, 000 Xxxxxxxxxx
Xxxxxx, XX0, Xxx Xxxxxxxxx, XX
00000
(b) Account Number 15815-16527
(4). Pre-Petition Payroll Account
(a) Depository Name and Location Bank of America, 0000 Xxxxxxx
Xxxx Xxxx, 0xx Xxxxx, Xxx
Xxxxxxx, XX 00000
(b) Account Number 14173-04996 CLOSED 5/12/00
(5). Pre-Petition Money Market Account
(a) Depository Name and Location Imperial Bank, 000 Xxxxxxx
Xxxxxxx, Xxx Xxxx, XX 00000
(b) Account Number 00-000-000 CLOSED 5/15/00
(6). Pre-Petition Operating Account
(a) Depository Name and Xxxxxxxx Xxxx xx Xxxxxxx, 0 Xxxxx
Xxxxxx, Xxxxxxxx XX 00, Xxxxxxx
(x) Account Number 1010-584560 CLOSED 5/19/00
(7). Pre-Petition Investment Account
(a) Depository Name and Location Bank of New York, 000 X. Xxxxxx
Xxxxxx, 0xx Xxxxx, Xxx Xxxxxxx,
XX 00000
(b) Account Number 350776 CLOSED 5/31/00
I. Other Monies On Hand: None
I, Xxxx Xxxxxxx, Chief Financial Officer, declare under penalty of perjury, that
the information contained in the above
Debtor in Possession Interim Statement is
true and complete to the best of my knowledge.
Dated: 6/25/01 Signed: /s/ Xxxx Xxxxxxx
---------- --------------------------
-------------------------------------------------------------------------------------------------------------------------------
OFFICE OF THE UNITED STATES TRUSTEE
PAGE 2
CENTRAL DISTRICT OF CALIFORNIA
-------------------------------------------------------------------------------------------------------------------------------
-------------------------------------
IN RE: ) DEBTOR IN POSSESSION INTERIM STATEMENT
)
Superior National Insurance Group ) STATEMENT NO. 14
) FOR THE PERIOD FROM: 1-May-01
) TO: 31-May-01
DEBTOR)
-------------------------------------
CHAPTER 11 CASE NO. SV00-14099-GM )
-------------------------------------
-----------------------------------------------------------------------------
Pre-Petition Pre-Petition Monarch Pre-Petition Pre-Petition
MLIF Account Funds Account Preemptive Rights Operating Account
Holding Account Chase
-----------------------------------------------------------------------------
CASH ACTIVITY ANALYSIS CLOSED 6/8/00 CLOSED 6/8/00 CLOSED 5/15/00 CLOSED 5/18/00
-----------------------------------------------------------------------------
A. Total Receipts Per All Prior
Interim Statements $1,215,440.20 $ 173.00 $ 0.00 $ 0.00
B. Less: Total Disbursements Per
All Prior Interim Statements $1,215,439.74 $ 173.00 $ 0.00 $ 0.00
------------------------------------------------------------------------------------------
C. Beginning Balance $ 0.46 $ 0.00 $ 0.00 $ 0.00
------------------------------------------------------------------------------------------
D. Receipts During Current Period
Per Attached Schedule $ 0.00 $ 0.00 $ 0.00 $ 0.00
------------------------------------------------------------------------------------------
E. Balance Available $ 0.46 $ 0.00 $ 0.00 $ 0.00
------------------------------------------------------------------------------------------
F. Less: Disbursements During Period
Per Attached Schedule $ 0.00 $ 0.00 $ 0.00 $ 0.00
------------------------------------------------------------------------------------------
G. Ending Balance $ 0.46 $ 0.00 $ 0.00 $ 0.00
------------------------------------------------------------------------------------------
----------------------------------------------------------
Pre-Petition Pre-Petition Pre-Petition
Equity Account Concentration Acct Accounts Payable
Bank of America Bank of America
----------------------------------------------------------
CASH ACTIVITY ANALYSIS CLOSED 5/15/00 CLOSED 5/10/00 CLOSED 5/15/00
----------------------------------------------------------
A. Total Receipts Per All Prior
Interim Statements $ 0.00 $ 0.00 $ 0.00
B. Less: Total Disbursements Per
All Prior Interim Statements $ 0.00 $ 0.00 $ 0.00
----------------------------------------------------------
C. Beginning Balance $ 0.00 $ 0.00 $ 0.00
----------------------------------------------------------
D. Receipts During Current Period
Per Attached Schedule $ 0.00 $ 0.00 $ 0.00
----------------------------------------------------------
E. Balance Available $ 0.00 $ 0.00 $ 0.00
----------------------------------------------------------
F. Less: Disbursements During Period
Per Attached Schedule $ 0.00 $ 0.00 $ 0.00
----------------------------------------------------------
G. Ending Balance $ 0.00 $ 0.00 $ 0.00
----------------------------------------------------------
H. ACCOUNT INFORMATION
(7). Pre-Petition MLIF Account
(a) Depository Name and Location Xxxxxxx Xxxxx, 00 Xxxx Xxxxxx
Xxxxxx, #000, Xxxxxx, XX 00000
(b) Account Number 77M07K15 CLOSED 6/6/00
(8). Pre-Petition Monarch Funds Account
(a) Depository Name and Location Imperial Bank-Monarch Funds,
XX Xxx 000, Xxxxxxxx, XX 00000
(b) Account Number 10-00054585-31-01 CLOSED 6/6/00
(9). Pre-Petition Preemptive Rights
Holding Account
(a) Depository Name and Location Imperial Bank-Monarch Funds
XX Xxx 000, Xxxxxxxx, XX 00000
(b) Account Number 00-000-000 CLOSED 5/15/00
(10). Pre-Petition Operating Account
(a) Depository Name and Location Chase Manhattan Bank, 4 Chase
XxxxxXxxx Xxxxxx, 00xx Xxxxx,
Xxxxxxxx, XX 00000
(b) Account Number 000-0-000000 CLOSED 5/18/00
(11). Pre-Petition Equity Account
(a) Depository Name and Location Chase Manhattan Bank, 0 Xxxxx
XxxxxXxxx Xxxxxx, 00xx Xxxxx
Xxxxxxxx, XX 00000
(b) Account Number 000-0-000000 CLOSED 5/15/00
(12). Pre-Petition Concentration Account
(a) Depository Name and Location Bank of America, 0000 Xxxxxxx
Xxxx Xxxx, 0xx Xxxxx, Xxx
Xxxxxxx, XX 00000
(b) Account Number 14173-04939 CLOSED 5/10/00
(13). Pre-Petition Accounts Payable
Account
(a) Depository Name and Location Bank of America, 0000 Xxxxxxx
Xxxx Xxxx, 0xx Xxxxx, Xxx
Xxxxxxx, XX 00000
(b) Account Number 77850-01167 CLOSED 5/15/00
