Attached files
| file | filename |
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| 8-K - 8-K - DYNEGY HOLDINGS, LLC | a12-7337_18k.htm |
Exhibit 99.1
In re Dynegy Holdings, LLC
Case No. 11 - 38111 (CGM)
Reporting Period: January 1 - January 31, 2012
UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF NEW YORK
CORPORATE MONTHLY OPERATING REPORT
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Debtor: |
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Dynegy Northeast |
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Hudson Power, LLC |
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Dynegy Roseton, LLC |
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Dynegy Danskammer, LLC |
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Dynegy Holdings, LLC |
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Business unit number: |
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65500 |
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65501 |
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65502 |
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65503 |
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10001 |
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REQUIRED DOCUMENTS |
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Form No. |
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Document |
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Explanation |
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Document |
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Explanation |
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Document |
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Explanation |
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Document |
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Explanation |
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Document |
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Explanation |
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Schedule of Cash Receipts and Disbursements |
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MOR-1 |
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Yes |
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Yes |
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Yes |
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Yes |
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Yes |
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Bank Reconciliation (or copies of debtor’s bank reconciliations) |
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MOR-1 (CON’T) |
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Yes |
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No |
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[1] |
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No |
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[1] |
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No |
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[1] |
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Yes |
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Copies of bank statements |
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Yes |
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No |
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[1] |
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No |
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[1] |
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No |
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[1] |
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Yes |
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Cash disbursements journals |
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Yes |
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No |
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[1] |
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No |
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[1] |
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No |
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[1] |
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Yes |
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Statement of Operations |
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MOR-2 |
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Yes |
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Yes |
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Yes |
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Yes |
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Yes |
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Balance Sheet |
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MOR-3 |
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Yes |
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Yes |
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Yes |
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Yes |
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Yes |
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Status of Post-petition Taxes |
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MOR-4 |
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Yes |
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Yes |
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Yes |
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Yes |
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Yes |
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Copies of IRS Form 6123 or payment receipt |
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Yes |
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Yes |
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Yes |
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Yes |
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Yes |
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Copies of tax returns filed during reporting period |
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Yes |
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Yes |
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Yes |
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Yes |
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Yes |
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Summary of Unpaid Post-petition Debts |
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MOR-4 |
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Yes |
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Yes |
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Yes |
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Yes |
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Yes |
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Listing of Aged Accounts Payable |
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Yes |
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Yes |
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Yes |
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Yes |
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Yes |
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Accounts Receivable Reconciliation and Aging |
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MOR-5 |
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No |
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[2] |
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No |
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[2] |
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No |
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[2] |
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No |
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[2] |
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No |
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[2] |
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Taxes Reconciliation and Aging |
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MOR-5 |
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Yes |
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Yes |
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Yes |
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Yes |
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Yes |
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Payments to Insiders and Professional |
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MOR-6 |
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Yes |
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Yes |
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Yes |
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Yes |
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Yes |
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Post Petition Status of Secured Notes, Leases Payable |
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MOR-6 |
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Yes |
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Yes |
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Yes |
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Yes |
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Yes |
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Debtor Questionnaire |
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MOR-7 |
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Yes |
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Yes |
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Yes |
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Yes |
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Yes |
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[1] Dynegy Northeast Generation, Inc. and Dynegy Holdings, LLC are the only two debtor entities with bank accounts.
[2] The explanation is footnoted in the corresponding section of the Monthly Operating Report.
In re Dynegy Holdings, LLC
Case No. 11 - 38111 (CGM)
Reporting Period: January 1 - January 31, 2012
SCHEDULE OF CASH RECEIPTS AND DISBURSEMENTS
MOR -1
($000)
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Debtor: |
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Dynegy Northeast |
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Hudson Power, LLC |
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Dynegy Roseton, |
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Dynegy |
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Dynegy Northeast Generation, Inc. |
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Dynegy Holdings, |
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Total |
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Business unit number: |
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65500 |
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65501 |
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65502 |
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65503 |
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65500 |
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10001 |
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ALLOCATION [1] |
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BANK ACCOUNTS |
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BANK ACCOUNTS |
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BANK ACCOUNTS |
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January 1 - January |
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January 1 - January |
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January 1 - January |
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January 1 - January |
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# 5260 |
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#2269 |
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CURRENT MONTH |
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# 7678 |
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CURRENT MONTH |
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CASH BEGINNING OF MONTH |
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$ |
2,926 |
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$ |
138 |
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$ |
3,064 |
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$ |
29,391 |
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$ |
32,455 |
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RECEIPTS |
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CASH SALES |
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— |
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— |
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— |
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— |
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— |
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— |
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— |
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— |
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— |
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ACCOUNTS RECEIVABLE - PREPETITION |
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— |
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— |
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16 |
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4 |
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19 |
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— |
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19 |
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— |
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19 |
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ACCOUNTS RECEIVABLE - POSTPETITION |
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— |
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— |
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1,246 |
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6,013 |
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7,259 |
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— |
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7,259 |
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— |
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7,259 |
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LOANS AND ADVANCES |
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1,000 |
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— |
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— |
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— |
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1,000 |
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— |
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1,000 |
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— |
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1,000 |
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SALE OF ASSETS |
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— |
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— |
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— |
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— |
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— |
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— |
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— |
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— |
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— |
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OTHER (ATTACH LIST) |
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0 |
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— |
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— |
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0 |
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0 |
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— |
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0 |
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1,030 |
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1,030 |
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TRANSFERS (FROM DIP ACCTS) |
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— |
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— |
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— |
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— |
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— |
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— |
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— |
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— |
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TOTAL RECEIPTS |
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$ |
1,000 |
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$ |
— |
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$ |
1,261 |
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$ |
6,017 |
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$ |
8,278 |
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$ |
— |
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$ |
8,278 |
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$ |
1,030 |
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$ |
9,308 |
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DISBURSEMENTS |
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NET PAYROLL |
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— |
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— |
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(281 |
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(421 |
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(702 |
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(702 |
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— |
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(702 |
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PAYROLL TAXES |
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— |
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— |
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(189 |
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(283 |
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(471 |
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(471 |
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— |
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(471 |
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OTHER EMPLOYEE BENEFITS |
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— |
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— |
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(574 |
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(861 |
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(1,436 |
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(1,436 |
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— |
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(1,436 |
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SALES, USE, & OTHER TAXES |
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— |
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— |
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(0 |
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— |
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(0 |
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(0 |
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— |
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(0 |
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INVENTORY PURCHASES |
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— |
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— |
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(6 |
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(6 |
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(11 |
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(11 |
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— |
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(11 |
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SECURED/ RENTAL/ LEASES |
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— |
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— |
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— |
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— |
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— |
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— |
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— |
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— |
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INSURANCE |
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— |
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— |
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(6 |
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(6 |
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(11 |
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(11 |
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— |
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(11 |
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OPERATING EXPENSES |
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— |
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— |
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(443 |
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(737 |
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(1,179 |
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(1,179 |
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— |
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(1,179 |
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G & A |
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— |
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— |
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(7 |
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(7 |
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(14 |
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(14 |
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— |
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(14 |
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FUEL PURCHASES |
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— |
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— |
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(547 |
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(2,477 |
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(3,024 |
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(3,024 |
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— |
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(3,024 |
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CAPEX |
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— |
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— |
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— |
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(3 |
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(3 |
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(3 |
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— |
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(3 |
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COLLATERAL |
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(1,550 |
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— |
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— |
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— |
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(1,550 |
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(1,550 |
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— |
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(1,550 |
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BANK FEES |
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(3 |
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— |
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— |
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— |
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(3 |
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(0 |
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(3 |
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— |
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(3 |
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OTHER |
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(0 |
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— |
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— |
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— |
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(0 |
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— |
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(0 |
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(7 |
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(7 |
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OWNER DRAW |
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— |
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— |
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— |
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— |
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— |
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— |
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— |
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— |
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TRANSFERS (TO DIP ACCTS) |
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— |
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— |
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— |
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— |
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— |
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— |
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(1,000 |
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(1,000 |
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PROFESSIONAL FEES |
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— |
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— |
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— |
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— |
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— |
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— |
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U.S. TRUSTEE QUARTERLY FEES |
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(15 |
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(0 |
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(7 |
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(10 |
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(33 |
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(33 |
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— |
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(33 |
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COURT COSTS |
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— |
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— |
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— |
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— |
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— |
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— |
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TOTAL DISBURSEMENTS |
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$ |
(1,568 |
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$ |
(0 |
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$ |
(2,059 |
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$ |
(4,811 |
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$ |
(8,439 |
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$ |
(0 |
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$ |
(8,439 |
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$ |
(1,007 |
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$ |
(9,445 |
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NET CASH FLOW (RECEIPTS LESS DISBURSEMENTS |
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$ |
(568 |
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$ |
(0 |
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$ |
(798 |
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$ |
1,206 |
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$ |
(160 |
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$ |
(0 |
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$ |
(160 |
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$ |
23 |
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$ |
(137 |
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CASH — END OF MONTH [2] |
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$ |
2,766 |
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$ |
138 |
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$ |
2,903 |
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$ |
29,415 |
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$ |
32,318 |
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Note: DNE also has the following additional Zero-Balance Accounts: Payroll Tax (5302), Payroll (5294), Gross Margin & Clearing (5286), and Capex, Opex, and G&A (5278).
[1] Hudson Power, LLC, Dynegy Roseton LLC, Dynegy Danskammer LLC do not have bank accounts. Therefore all cash receipts and disbursements from these entities flow through Dynegy Northeast Generation’s Master Bank Account #5260.
[2] The amount reflects the book balance of Account #5260. There are $50,160 of checks outstanding.
In re Dynegy Holdings, LLC
Case No. 11 - 38111 (CGM)
Reporting Period: January 1 - January 31, 2012
BANK RECONCILIATIONS
Continuation Sheet for MOR-1
($000)
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Debtor: |
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Dynegy Northeast Generation, Inc. |
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Dynegy Holdings, LLC |
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Business unit number: |
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65500 |
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10001 |
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Concentration |
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Capex, Opex & |
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Gross Margin & |
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Payroll ZBA |
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Payroll Tax |
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UAA |
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Concentration |
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Cash Collateral |
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# 5260 |
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# 5278 [1] |
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# 5286 |
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# 5294 [1] |
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# 5302 |
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# 2269 |
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Total |
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# 7678 |
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# 0204 |
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BALANCE PER BOOKS |
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$ |
2,816 |
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$ |
(47 |
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$ |
— |
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$ |
(3 |
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$ |
— |
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$ |
138 |
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$ |
2,903 |
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$ |
29,415 |
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$ |
27,005 |
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BANK BALANCE |
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2,816 |
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— |
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— |
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— |
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— |
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138 |
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2,954 |
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29,415 |
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27,005 |
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(+) DEPOSITS IN TRANSIT (ATTACH LIST) |
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— |
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— |
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— |
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— |
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— |
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— |
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— |
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— |
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— |
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(-) OUTSTANDING CHECKS (ATTACH LIST): |
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— |
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(47 |
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— |
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(3 |
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— |
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— |
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(50 |
) |
— |
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— |
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OTHER (ATTACH EXPLANATION) |
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— |
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— |
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— |
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— |
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— |
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— |
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— |
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ADJUSTED BANK BALANCE |
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$ |
2,816 |
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$ |
(47 |
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$ |
— |
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$ |
(3 |
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$ |
— |
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$ |
138 |
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$ |
2,903 |
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$ |
29,415 |
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$ |
27,005 |
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Note: Dynegy Roseton, LLC, Dynegy Danskammer, LLC, and Hudson Power, LLC do not have bank accounts.
[1] The Adjusted Bank Balances reflect the total $50,160 of checks outstanding.
In re Dynegy Holdings, LLC
Case No. 11 - 38111 (CGM)
Reporting Period: January 1 - January 31, 2012
STATEMENT OF OPERATIONS
MOR - 2
($000)
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Debtor: |
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Dynegy Northeast Generation, |
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Hudson Power, LLC |
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Dynegy Roseton, LLC |
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Dynegy Danskammer, LLC |
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Dynegy Holdings, LLC |
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Business unit number: |
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65500 |
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65501 |
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65502 |
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65503 |
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10001 |
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January |
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November 8 - |
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January |
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November 8 - |
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January |
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November 8 - |
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January |
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November 8 - |
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January |
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November 8 - |
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MONTH |
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CUMULATIVE - |
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MONTH |
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CUMULATIVE - |
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MONTH |
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CUMULATIVE - |
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MONTH |
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CUMULATIVE - |
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MONTH |
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CUMULATIVE - |
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Revenues |
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$ |
— |
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$ |
— |
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$ |
— |
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$ |
— |
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$ |
— |
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$ |
— |
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$ |
1 |
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$ |
8 |
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$ |
— |
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$ |
— |
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Intercompany Revenues |
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— |
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(9 |
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— |
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— |
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824 |
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2,943 |
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4,001 |
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8,137 |
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— |
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— |
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Cost of Sales |
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— |
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(44 |
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— |
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— |
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490 |
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507 |
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2,857 |
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6,333 |
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— |
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(12 |
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Intercompany Cost of Sales |
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— |
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— |
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— |
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— |
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(0 |
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(0 |
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0 |
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(16 |
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— |
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— |
| ||||||||||
|
Gross Margin |
|
— |
|
36 |
|
— |
|
— |
|
334 |
|
2,436 |
|
1,144 |
|
1,828 |
|
— |
|
(12 |
) | ||||||||||
|
O&M Costs |
|
74 |
|
7,561 |
|
— |
|
— |
|
2,394 |
|
5,390 |
|
2,368 |
|
3,979 |
|
— |
|
— |
| ||||||||||
|
Operating margin |
|
(74 |
) |
(7,525 |
) |
— |
|
— |
|
(2,060 |
) |
(2,954 |
) |
(1,224 |
) |
(2,151 |
) |
— |
|
(12 |
) | ||||||||||
|
Depreciation & Amortization |
|
— |
|
— |
|
— |
|
— |
|
— |
|
(4,881 |
) |
— |
|
(2,006 |
) |
— |
|
— |
| ||||||||||
|
Asset Impairments |
|
— |
|
— |
|
— |
|
— |
|
— |
|
(16 |
) |
— |
|
796 |
|
— |
|
— |
| ||||||||||
|
G & A |
|
307 |
|
1,402 |
|
— |
|
— |
|
7 |
|
28 |
|
7 |
|
28 |
|
— |
|
4,294 |
| ||||||||||
|
Operating income |
|
(381 |
) |
(8,927 |
) |
— |
|
— |
|
(2,067 |
) |
1,915 |
|
(1,231 |
) |
(969 |
) |
— |
|
(4,282 |
) | ||||||||||
|
Bankruptcy Reorg charges |
|
— |
|
(970,107 |
) |
— |
|
— |
|
— |
|
569,498 |
|
— |
|
86,935 |
|
— |
|
(352,028 |
) | ||||||||||
|
Equity Earnings |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
16,584 |
|
(461,402 |
) | ||||||||||
|
Interest Expense |
|
34 |
|
5,503 |
|
0 |
|
(0 |
) |
62 |
|
(4,750 |
) |
63 |
|
(846 |
) |
11 |
|
939 |
| ||||||||||
|
Other Income/Expense |
|
3 |
|
3 |
|
— |
|
— |
|
— |
|
(6 |
) |
— |
|
(1 |
) |
8,082 |
|
22,128 |
| ||||||||||
|
Income (loss) before income taxes |
|
(417 |
) |
(973,601 |
) |
(0 |
) |
(0 |
) |
(2,130 |
) |
566,533 |
|
(1,294 |
) |
84,994 |
|
24,655 |
|
(796,522 |
) | ||||||||||
|
Tax Provision |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
181,612 |
| ||||||||||
|
Income (loss) from operations |
|
(417 |
) |
(973,601 |
) |
(0 |
) |
(0 |
) |
(2,130 |
) |
566,533 |
|
(1,294 |
) |
84,994 |
|
24,655 |
|
(978,135 |
) | ||||||||||
|
Discontinued Operations (net of tax) |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
(31,879 |
) | ||||||||||
|
Net Income (loss) |
|
(417 |
) |
(973,601 |
) |
(0 |
) |
(0 |
) |
(2,130 |
) |
566,533 |
|
(1,294 |
) |
84,994 |
|
24,655 |
|
(1,010,013 |
) | ||||||||||
|
Net Inc (loss) Avail to Common Shareholders |
|
$ |
(417 |
) |
$ |
(973,601 |
) |
$ |
(0 |
) |
$ |
(0 |
) |
$ |
(2,130 |
) |
$ |
566,533 |
|
$ |
(1,294 |
) |
$ |
84,994 |
|
$ |
24,655 |
|
$ |
(1,010,013 |
) |
Note: The December information included in the November 8 - January 31 columns have been updated from the previously reported December monthly Operating Report as a result of the Company completing its year-end closing process.
In re Dynegy Holdings, LLC
Case No. 11 - 38111 (CGM)
Reporting Period: January 1 - January 31, 2012
BALANCE SHEET
MOR - 3
($000)
|
Debtor: |
|
Dynegy Northeast Generation, |
|
Hudson Power, LLC |
|
Dynegy Roseton, LLC |
|
Dynegy Danskammer, LLC |
|
Dynegy Holdings, LLC |
| ||||||||||||||||||||
|
Business unit number: |
|
65500 |
|
65501 |
|
65502 |
|
65503 |
|
10001 |
| ||||||||||||||||||||
|
|
|
January |
|
December |
|
January |
|
December |
|
January |
|
December |
|
January |
|
December |
|
January |
|
December |
| ||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||||
|
|
|
BOOK VALUE |
|
BOOK |
|
BOOK VALUE |
|
BOOK |
|
BOOK VALUE |
|
BOOK |
|
BOOK VALUE |
|
BOOK |
|
BOOK VALUE |
|
BOOK |
| ||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||||
|
Assets: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||||
|
Cash and Cash Equivalents |
|
$ |
2,903 |
|
$ |
3,064 |
|
$ |
— |
|
$ |
— |
|
$ |
4 |
|
$ |
4 |
|
$ |
4 |
|
$ |
4 |
|
$ |
29,415 |
|
$ |
29,391 |
|
|
ST Investments - Restricted |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
27,005 |
|
27,005 |
| ||||||||||
|
AR Affiliates |
|
195 |
|
195 |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||||
|
Interest Rec Interco |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
16,336 |
|
8,254 |
| ||||||||||
|
Accounts Receivable |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
0 |
|
12 |
|
7,130 |
|
8,150 |
| ||||||||||
|
Inventory |
|
— |
|
— |
|
— |
|
— |
|
11,697 |
|
11,747 |
|
21,988 |
|
22,319 |
|
— |
|
— |
| ||||||||||
|
Risk Management Assets |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
1 |
|
— |
|
— |
|
— |
| ||||||||||
|
Prepaids & Other Assets |
|
3,085 |
|
1,240 |
|
— |
|
— |
|
5,480 |
|
6,719 |
|
2,475 |
|
4,945 |
|
4,425 |
|
3,425 |
| ||||||||||
|
Total Current Assets |
|
$ |
6,183 |
|
$ |
4,499 |
|
$ |
— |
|
$ |
— |
|
$ |
17,180 |
|
$ |
18,470 |
|
$ |
24,469 |
|
$ |
27,281 |
|
$ |
84,310 |
|
$ |
76,224 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||||
|
Property, Plant and Equipment: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||||
|
Property, Plant & Equipment |
|
$ |
(919,703 |
) |
$ |
(919,703 |
) |
$ |
— |
|
$ |
— |
|
$ |
719,375 |
|
$ |
719,375 |
|
$ |
468,221 |
|
$ |
468,182 |
|
$ |
— |
|
$ |
— |
|
|
Accumulated DD&A |
|
919,703 |
|
919,703 |
|
— |
|
— |
|
(719,375 |
) |
(719,375 |
) |
(468,221 |
) |
(468,182 |
) |
— |
|
— |
| ||||||||||
|
Net Property, Plant and Equipment |
|
0 |
|
0 |
|
— |
|
— |
|
(0 |
) |
(0 |
) |
— |
|
— |
|
— |
|
— |
| ||||||||||
|
Other Assets: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||||
|
Investment-Consolidated Subs |
|
285,551 |
|
285,551 |
|
285,551 |
|
285,551 |
|
— |
|
— |
|
— |
|
— |
|
5,323,523 |
|
5,306,938 |
| ||||||||||
|
LT Notes and AR - IC |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
1,250,297 |
|
1,250,297 |
| ||||||||||
|
Net Other Assets |
|
285,551 |
|
285,551 |
|
285,551 |
|
285,551 |
|
— |
|
— |
|
— |
|
— |
|
6,573,820 |
|
6,557,235 |
| ||||||||||
|
Total Assets |
|
$ |
291,734 |
|
$ |
290,050 |
|
$ |
285,551 |
|
$ |
285,551 |
|
$ |
17,180 |
|
$ |
18,470 |
|
$ |
24,469 |
|
$ |
27,281 |
|
$ |
6,658,130 |
|
$ |
6,633,460 |
|
In re Dynegy Holdings, LLC
Case No. 11 - 38111 (CGM)
Reporting Period: January 1 - January 31, 2012
BALANCE SHEET
MOR - 3
($000)
|
Debtor: |
|
Dynegy Northeast Generation, |
|
Hudson Power, LLC |
|
Dynegy Roseton, LLC |
|
Dynegy Danskammer, LLC |
|
Dynegy Holdings, LLC |
| ||||||||||||||||||||
|
Business unit number: |
|
65500 |
|
65501 |
|
65502 |
|
65503 |
|
10001 |
| ||||||||||||||||||||
|
|
|
January |
|
December |
|
January |
|
December |
|
January |
|
December |
|
January |
|
December |
|
January |
|
December |
| ||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||||
|
|
|
BOOK VALUE |
|
BOOK |
|
BOOK VALUE |
|
BOOK |
|
BOOK VALUE |
|
BOOK |
|
BOOK VALUE |
|
BOOK |
|
BOOK VALUE |
|
BOOK |
| ||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||||
|
Liabilities And Equity: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||||
|
Current Liabilities: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||||
|
Accounts Payable - Third Party |
|
$ |
976 |
|
$ |
876 |
|
$ |
— |
|
$ |
— |
|
$ |
122 |
|
$ |
335 |
|
$ |
249 |
|
$ |
382 |
|
$ |
— |
|
$ |
— |
|
|
Accounts Payable-Affiliates |
|
923 |
|
1,275 |
|
— |
|
— |
|
357 |
|
148 |
|
1,603 |
|
748 |
|
— |
|
— |
| ||||||||||
|
Intercompany Due To-From |
|
(18,496 |
) |
(20,479 |
) |
0 |
|
— |
|
72,603 |
|
72,121 |
|
218,963 |
|
220,779 |
|
1,303,243 |
|
1,302,813 |
| ||||||||||
|
Interest Accrued- Intercompany |
|
46 |
|
19 |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
9,751 |
|
9,751 |
| ||||||||||
|
Taxes Accrued |
|
26 |
|
— |
|
— |
|
— |
|
437 |
|
0 |
|
197 |
|
1 |
|
— |
|
— |
| ||||||||||
|
Other Accrued Liabilities |
|
1,549 |
|
1,872 |
|
0 |
|
0 |
|
448 |
|
543 |
|
690 |
|
1,379 |
|
4,031 |
|
4,040 |
| ||||||||||
|
Def Income Taxes – Cur Liab |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||||
|
Risk Management Liabilities |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
1 |
|
1 |
|
— |
|
— |
| ||||||||||
|
Short Term Debt - I/C |
|
4,000 |
|
3,000 |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||||
|
Total Current Liabilities |
|
$ |
(10,975 |
) |
$ |
(13,437 |
) |
$ |
0 |
|
$ |
0 |
|
$ |
73,967 |
|
$ |
73,147 |
|
$ |
221,702 |
|
$ |
223,289 |
|
$ |
1,317,025 |
|
$ |
1,316,603 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||||
|
Long-Term Liabilities: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||||
|
Liabilities subject to compromise |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
4,012,436 |
|
$ |
4,012,436 |
|
|
Long Term Debt - Interco |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
1,262,000 |
|
1,262,000 |
| ||||||||||
|
Def Income Taxes – N Cur Liab |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
(0 |
) |
— |
| ||||||||||
|
Other LT Liabilities |
|
17,581 |
|
18,010 |
|
— |
|
— |
|
2,649 |
|
2,628 |
|
7,510 |
|
7,442 |
|
4,299 |
|
4,299 |
| ||||||||||
|
Total Liabilities |
|
6,606 |
|
4,573 |
|
0 |
|
0 |
|
76,616 |
|
75,775 |
|
229,213 |
|
230,731 |
|
6,595,760 |
|
6,595,338 |
| ||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||||
|
Equity: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||||
|
Receivables - Affiliates |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
(846,462 |
) |
$ |
(846,462 |
) |
|
Common Stock Issued - I/C |
|
1 |
|
1 |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||||
|
Common Stock-A |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
1 |
|
1 |
| ||||||||||
|
Addl Paid In Capital |
|
2,808,579 |
|
2,808,579 |
|
545,066 |
|
545,066 |
|
306,311 |
|
306,311 |
|
238,755 |
|
238,755 |
|
5,134,990 |
|
5,135,468 |
| ||||||||||
|
Other Comprehensive Income |
|
619 |
|
550 |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
1,003 |
|
932 |
| ||||||||||
|
Retained Earnings (Accumulated Deficit) |
|
81,459 |
|
81,876 |
|
(0 |
) |
(0 |
) |
(260,925 |
) |
(258,796 |
) |
(288,805 |
) |
(287,511 |
) |
(4,227,162 |
) |
(4,251,817 |
) | ||||||||||
|
Total Dynegy Inc Equity |
|
$ |
285,129 |
|
$ |
285,477 |
|
$ |
285,551 |
|
$ |
285,551 |
|
$ |
(59,435 |
) |
$ |
(57,306 |
) |
$ |
(204,744 |
) |
$ |
(203,450 |
) |
$ |
62,370 |
|
$ |
38,121 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||||
|
Total Shareholders’ Equity |
|
285,129 |
|
285,477 |
|
285,551 |
|
285,551 |
|
(59,435 |
) |
(57,306 |
) |
(204,744 |
) |
(203,450 |
) |
62,370 |
|
38,121 |
| ||||||||||
|
Total Liabilities & Equity |
|
$ |
291,734 |
|
$ |
290,050 |
|
$ |
285,551 |
|
$ |
285,551 |
|
$ |
17,180 |
|
$ |
18,470 |
|
$ |
24,469 |
|
$ |
27,281 |
|
$ |
6,658,130 |
|
$ |
6,633,460 |
|
Note: The December information has been adjusted from the previously reported December Monthly Operating Report as a result of the Company completing its year-end closing process.
In re Dynegy Holdings, LLC
Case No. 11 - 38111 (CGM)
Reporting Period: January 1 - January 31, 2012
STATUS OF POST-PETITION TAXES
MOR - 4
|
Debtor: |
|
Dynegy Northeast Generation, Inc. |
|
Dynegy Roseton, LLC |
| ||||||||||||||||||||||||||||||
|
Business unit number: |
|
65500 |
|
65502 |
| ||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||||
|
Federal |
|
Beginning |
|
Amount |
|
Amount Paid |
|
Date Paid |
|
Check # or |
|
Ending |
|
Beginning |
|
Amount |
|
Amount Paid |
|
Date Paid |
|
Check # or |
|
Ending Tax |
| ||||||||||
|
Withholding [1] |
|
— |
|
168,724 |
|
168,724 |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||||
|
FICA-Employee [1] |
|
— |
|
75,326 |
|
75,326 |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||||
|
FICA-Employer [1] |
|
— |
|
64,066 |
|
64,066 |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||||
|
Unemployment |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||||
|
Income |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||||
|
Other: |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||||
|
Total Federal Taxes [1] & [2] |
|
$ |
— |
|
$ |
308,117 |
|
$ |
308,117 |
|
— |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
— |
|
$ |
— |
|
$ |
— |
|
|
State and Local |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||||
|
Withholding [1] & [2] |
|
— |
|
52,523 |
|
52,523 |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||||
|
Sales/Use |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
309 |
|
376 |
|
376 |
|
1/25/2012 |
|
— |
|
309 |
| ||||||||||
|
Excise |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||||
|
Unemployment |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||||
|
Real Property [5] |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
436,271 |
|
— |
|
— |
|
— |
|
436,271 |
| ||||||||||
|
Personal Property |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||||
|
Other:[3] & [4] |
|
— |
|
25,795 |
|
— |
|
— |
|
— |
|
25,795 |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||||
|
Total State and Local |
|
$ |
— |
|
$ |
78,318 |
|
$ |
52,523 |
|
— |
|
$ |
— |
|
$ |
25,795 |
|
$ |
309 |
|
$ |
436,647 |
|
$ |
376 |
|
— |
|
$ |
— |
|
$ |
436,580 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||||
|
Total Taxes |
|
$ |
— |
|
$ |
386,435 |
|
$ |
360,640 |
|
— |
|
$ |
— |
|
$ |
25,795 |
|
$ |
309 |
|
$ |
436,647 |
|
$ |
376 |
|
— |
|
$ |
— |
|
$ |
436,580 |
|
|
|
|
[1] |
Payroll taxes are totals from four separate payroll tax payments made on 1/5/2012, 1/11/2012, 1/19/2012, and 1/25/2012. |
|
|
|
[2] |
The Debtors are current on all post-petition payroll taxes due. |
|
|
|
[3] |
Instead of a payment, credits were applied to the balances on Roseton’s ($309) and Danskammer’s ($1,110) Tax Returns. An entry to apply the payment will be posted in February. |
|
|
|
[4] |
Accrual for Dynegy Northeast Generation represents a $25,795 Franchise Tax Accrual. Franchise Taxes are accrued monthly and paid quarterly. |
|
|
|
[5] |
Property taxes in the amount of $5,235,258 for Roseton and $2,340,389 for Danskammer became due on January 31, 2012 and have not been paid. Because of, among other things, the assessment date related to this property tax liability, the Debtors believe that this tax liability is a pre-petition tax liability and, as such, they are current on all post-petition taxes. |
|
SUMMARY OF UNPAID |
|
Dynegy Northeast Generation, Inc. |
|
Dynegy Roseton, LLC |
|
|
POST-PETITION DEBTS |
|
65500 |
|
65502 |
|
|
|
|
Number of Days Past Due |
|
Number of Days Past Due |
| ||||||||||||||||||||||||||
|
|
|
Current |
|
31-60 |
|
61-90 |
|
Over 91 |
|
Total |
|
Current |
|
31-60 |
|
61-90 |
|
Over 91 |
|
Total |
| ||||||||||
|
Accounts Payable |
|
— |
|
— |
|
— |
|
— |
|
— |
|
68,800 |
|
— |
|
— |
|
— |
|
68,800 |
| ||||||||||
|
Wages Payable [1] |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||||
|
Taxes Payable |
|
25,795 |
|
— |
|
— |
|
— |
|
25,795 |
|
436,580 |
|
— |
|
— |
|
— |
|
436,580 |
| ||||||||||
|
Rent/Leases-Building |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||||
|
Rent/Leases-Equipment |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||||
|
Secured Debt/Adequate Protection Payments |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||||
|
Professional Fees |
|
6,500 |
|
— |
|
— |
|
— |
|
6,500 |
|
9,750 |
|
— |
|
— |
|
— |
|
9,750 |
| ||||||||||
|
Amounts Due to Insiders |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||||
|
Total Post-petition Debts |
|
$ |
32,295 |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
32,295 |
|
$ |
515,131 |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
515,131 |
|
|
|
[1] |
The Debtors are current on Payroll and Wage liabilities. |
In re Dynegy Holdings, LLC
Case No. 11 - 38111 (CGM)
Reporting Period: January 1 - January 31, 2012
STATUS OF POST-PETITION TAXES
MOR - 4
|
Debtor: |
|
Dynegy Danskammer, LLC |
|
Dynegy Holdings, LLC [6] |
| |||||||||||||||||||||||||||||||
|
Business unit number: |
|
65503 |
|
10001 |
| |||||||||||||||||||||||||||||||
|
|
|
|
|
|
| |||||||||||||||||||||||||||||||
|
Federal |
|
Beginning |
|
Amount |
|
Amount Paid |
|
Date Paid |
|
Check # or |
|
Ending Tax |
|
Beginning |
|
Amount |
|
Amount Paid |
|
Date Paid |
|
Check # or |
|
Ending |
| |||||||||||
|
Withholding [1] |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| |||||||||||
|
FICA-Employee [1] |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| |||||||||||
|
FICA-Employer [1] |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| |||||||||||
|
Unemployment |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| |||||||||||
|
Income |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| |||||||||||
|
Other: |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| |||||||||||
|
Total Federal Taxes [1] & [2] |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
— |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
— |
|
$ |
— |
|
$ |
— |
| |
|
State and Local |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||
|
Withholding [1] & [2] |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| |||||||||||
|
Sales/Use |
|
1,110 |
|
723 |
|
— |
|
— |
|
— |
|
1,834 |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| |||||||||||
|
Excise |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| |||||||||||
|
Unemployment |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| |||||||||||
|
Real Property [5] |
|
— |
|
195,032 |
|
— |
|
— |
|
— |
|
195,032 |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| |||||||||||
|
Personal Property |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| |||||||||||
|
Other:[3] & [4] |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| |||||||||||
|
Total State and Local |
|
$ |
1,110 |
|
$ |
195,756 |
|
$ |
— |
|
— |
|
$ |
— |
|
$ |
196,866 |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
— |
|
$ |
— |
|
$ |
— |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||
|
Total Taxes |
|
$ |
1,110 |
|
$ |
195,756 |
|
$ |
— |
|
— |
|
$ |
— |
|
$ |
196,866 |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
— |
|
$ |
— |
|
$ |
— |
| |
|
|
[6] Dynegy Holdings, LLC is a holding company and has no payroll. |
|
|
|
|
|
|
|
|
|
|
|
SUMMARY OF UNPAID |
|
Dynegy Danskammer, LLC |
|
Dynegy Holdings, LLC |
| ||||||||||||||||||||||||||
|
POST-PETITION DEBTS |
|
65503 |
|
10001 |
| ||||||||||||||||||||||||||
|
|
|
|
|
|
| ||||||||||||||||||||||||||
|
|
|
|
|
|
| ||||||||||||||||||||||||||
|
|
|
Number of Days Past Due |
|
Number of Days Past Due |
| ||||||||||||||||||||||||||
|
|
|
Current |
|
31-60 |
|
61-90 |
|
Over 91 |
|
Total |
|
Current |
|
31-60 |
|
61-90 |
|
Over 91 |
|
Total |
| ||||||||||
|
Accounts Payable |
|
177,715 |
|
— |
|
— |
|
— |
|
177,715 |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||||
|
Wages Payable [1] |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||||
|
Taxes Payable |
|
196,866 |
|
— |
|
— |
|
— |
|
196,866 |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||||
|
Rent/Leases-Building |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||||
|
Rent/Leases-Equipment |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||||
|
Secured Debt/Adequate Protection Payments |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||||
|
Professional Fees |
|
10,400 |
|
— |
|
— |
|
— |
|
10,400 |
|
3,916,500 |
|
— |
|
— |
|
— |
|
3,916,500 |
| ||||||||||
|
Amounts Due to Insiders |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||||
|
Total Post-petition Debts |
|
$ |
384,981 |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
384,981 |
|
$ |
3,916,500 |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
3,916,500 |
|
In re Dynegy Holdings, LLC
Case No. 11 - 38111 (CGM)
Reporting Period: January 1 - January 31, 2012
STATUS OF POST-PETITION TAXES
MOR - 4
|
Debtor: |
|
Hudson Power, LLC |
| |||||||||||||||
|
Business unit number: |
|
65501 |
| |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||
|
Federal |
|
Beginning |
|
Amount |
|
Amount Paid |
|
Date Paid |
|
Check # or |
|
Ending Tax |
| |||||
|
Withholding [1] |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| |||||
|
FICA-Employee [1] |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| |||||
|
FICA-Employer [1] |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| |||||
|
Unemployment |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| |||||
|
Income |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| |||||
|
Other: |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| |||||
|
Total Federal Taxes [1] & [2] |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
— |
|
$ |
— |
|
$ |
— |
|
|
State and Local |
|
|
|
|
|
|
|
|
|
|
|
|
| |||||
|
Withholding [1] & [2] |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| |||||
|
Sales/Use |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| |||||
|
Excise |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| |||||
|
Unemployment |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| |||||
|
Real Property [5] |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| |||||
|
Personal Property |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| |||||
|
Other:[3] & [4] |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| |||||
|
Total State and Local |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
— |
|
$ |
— |
|
$ |
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||
|
Total Taxes |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
— |
|
$ |
— |
|
$ |
— |
|
|
SUMMARY OF UNPAID |
|
Hudson Power, LLC |
| |||||||||||||
|
POST-PETITION DEBTS |
|
65501 |
| |||||||||||||
|
|
|
|
| |||||||||||||
|
|
|
Number of Days Past Due |
| |||||||||||||
|
|
|
Current |
|
31-60 |
|
61-90 |
|
Over 91 |
|
Total |
| |||||
|
Accounts Payable |
|
— |
|
— |
|
— |
|
— |
|
— |
| |||||
|
Wages Payable [1] |
|
— |
|
— |
|
— |
|
— |
|
— |
| |||||
|
Taxes Payable |
|
— |
|
— |
|
— |
|
— |
|
— |
| |||||
|
Rent/Leases-Building |
|
— |
|
— |
|
— |
|
— |
|
— |
| |||||
|
Rent/Leases-Equipment |
|
— |
|
— |
|
— |
|
— |
|
— |
| |||||
|
Secured Debt/Adequate Protection Payments |
|
— |
|
— |
|
— |
|
— |
|
— |
| |||||
|
Professional Fees |
|
108 |
|
— |
|
— |
|
— |
|
108 |
| |||||
|
Amounts Due to Insiders |
|
— |
|
— |
|
— |
|
— |
|
— |
| |||||
|
Total Post-petition Debts |
|
$ |
108 |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
108 |
|
In re Dynegy Holdings, LLC
Case No. 11 - 38111 (CGM)
Reporting Period: January 1 - January 31, 2012
ACCOUNTS RECEIVABLE RECONCILIATION AND AGING
MOR - 5
Note: Dynegy Danskammer, LLC, Dynegy Roseton, LLC, Dynegy Holdings, LLC, Dynegy Northeast Generation, Inc., and Hudson Power, LLC have no trade related accounts receivable. The $7.1 million accounts receivable on the DH balance sheet at MOR - 3 relates to taxes receivable.
Note: The $195K accounts receivable from affiliates on Dynegy Northeast Generation’s balance sheet relates to 2011 year end true up entries of $58K due from Dynegy Power Marketing, LLC for the EMA Agreement and $137K from Dynegy, Inc. for the O&M Service Agreement. Both amounts will be settled in March 2012.
In re Dynegy Holdings, LLC
Case No. 11 - 38111 (CGM)
Reporting Period: January 1 - January 31, 2012
PAYMENTS TO INSIDERS AND PROFESSIONALS
MOR - 6
|
Dynegy Holdings, LLC |
|
Hudson Power, LLC |
| ||||||||||||||||||||||||||||
|
10001 |
|
65501 |
| ||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
|
PROFESSIONALS |
|
PROFESSIONALS |
| ||||||||||||||||||||||||||||
|
NAME |
|
DATE OF |
|
AMOUNT |
|
AMOUNT |
|
TOTAL PAID |
|
TOTAL |
|
NAME |
|
DATE OF |
|
AMOUNT |
|
AMOUNT |
|
TOTAL |
|
TOTAL |
| ||||||||
|
Sidley Austin LLP |
|
|
|
— |
|
— |
|
1,220,018 |
|
1,510,000 |
|
US Trustee Fee |
|
|
|
— |
|
325 |
|
325 |
|
108 |
| ||||||||
|
Akin, Gump |
|
|
|
— |
|
— |
|
— |
|
2,000,000 |
|
TOTAL PAYMENTS TO PROFESSIONALS |
|
$ |
— |
|
$ |
325 |
|
$ |
325 |
|
$ |
108 |
| ||||||
|
FTI Consulting, Epiq Systems |
|
|
|
— |
|
— |
|
— |
|
400,000 |
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
|
US Trustee Fee |
|
|
|
— |
|
— |
|
— |
|
6,500 |
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
|
Blackstone [1] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
|
Davies Ward [1] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
|
IFC Resources [1] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
|
Kurtzman Carson [1] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
|
Quinn Emmanuael [1] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
|
Zolfo Cooper [1] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
|
TOTAL PAYMENTS TO PROFESSIONALS |
|
$ |
— |
|
$ |
— |
|
$ |
1,220,018 |
|
$ |
3,916,500 |
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||
[1] The debtors have not received an invoice from the Professional.
Note: Dynegy Holdings does not have a bank account set up to write checks on, therefore, the $10,400 of Accrued December US Trustee Fees was paid by DNE.
Note: No payments were made to Insiders from any of the debtor entities in January.
Note: None of the debtors have Secured Notes or Leases Payable.
In re Dynegy Holdings, LLC
Case No. 11 - 38111 (CGM)
Reporting Period: January 1 - January 31, 2012
PAYMENTS TO INSIDERS AND PROFESSIONALS
MOR - 6
|
Dynegy Roseton, LLC |
|
Dynegy Danskammer, LLC |
| ||||||||||||||||||||||||||||||||||||
|
65502 |
|
65503 |
| ||||||||||||||||||||||||||||||||||||
|
|
|
|
| ||||||||||||||||||||||||||||||||||||
|
PROFESSIONALS |
|
PROFESSIONALS |
| ||||||||||||||||||||||||||||||||||||
|
NAME |
|
DATE OF |
|
AMOUNT |
|
AMOUNT |
|
TOTAL |
|
TOTAL |
|
NAME |
|
DATE OF |
|
AMOUNT |
|
AMOUNT |
|
TOTAL |
|
TOTAL |
| ||||||||||||||||
|
US Trustee Fee |
|
|
|
— |
|
6,500 |
|
6,500 |
|
9,750 |
|
US Trustee Fee |
|
|
|
— |
|
10,400 |
|
10,400 |
|
10,400 |
| ||||||||||||||||
|
TOTAL PAYMENTS TO PROFESSIONALS |
|
|
|
$ |
|
— |
|
$ |
|
6,500 |
|
$ |
|
6,500 |
|
$ |
|
9,750 |
|
TOTAL PAYMENTS TO PROFESSIONALS |
|
|
|
$ |
|
— |
|
$ |
|
10,400 |
|
$ |
|
10,400 |
|
$ |
|
10,400 |
|
Note: No payments were made to Insiders from any of the debtor entities in January.
Note: None of the debtors have Secured Notes or Leases Payable.
In re Dynegy Holdings, LLC
Case No. 11 - 38111 (CGM)
Reporting Period: January 1 - January 31, 2012
PAYMENTS TO INSIDERS AND PROFESSIONALS
MOR - 6
|
Dynegy Northeast Generation, Inc. |
|
665500 |
|
PROFESSIONALS | |||||||||||||||
|
NAME |
|
DATE OF |
|
AMOUNT |
|
AMOUNT |
|
TOTAL |
|
TOTAL |
| ||||
|
US Trustee Fee [2] |
|
|
|
— |
|
15,275 |
|
15,275 |
|
6,500 |
| ||||
|
TOTAL PAYMENTS TO PROFESSIONALS |
|
|
|
$ |
— |
|
$ |
15,275 |
|
$ |
15,275 |
|
$ |
6,500 |
|
|
[2] |
Includes $10,400 payment made on behalf of Dynegy Holdings, LLC. |
|
Note: |
No payments were made to Insiders from any of the debtor entities in January. |
|
Note: |
None of the debtors have Secured Notes or Leases Payable. |
In re Dynegy Holdings, LLC
Case No. 11 - 38111 (CGM)
Reporting Period: January 1 - January 31, 2012
DEBTOR QUESTIONNAIRE
MOR - 7
|
Must be completed each month. If the answer to any of the questions is |
|
Yes |
|
No |
|
Notes: |
|
Have any assets been sold or transferred outside the normal course of business this reporting period? |
|
|
|
X |
|
|
|
Have any funds been disbursed from any account other than a debtor in possession account this reporting period? |
|
|
|
X |
|
|
|
Is the Debtor delinquent in the timely filing of any post-petition tax returns? |
|
|
|
X |
|
|
|
Are workers compensation, general liability or other necessary insurance coverages expired or cancelled, or has the debtor received notice of expiration or cancellation of such policies? |
|
|
|
X |
|
|
|
Is the Debtor delinquent in paying any insurance premium payment? |
|
|
|
X |
|
|
|
Have any payments been made on pre-petition liabilities this reporting period? |
|
X |
|
|
|
Certain critical vendors have been paid for pre-petition invoices. All payments have been pre-approved through the established process. Post-petition intercompany receivables have been accrued and will be received in the normal course of business since DYPM markets the DNE energy and originally receives the cash before forwarding them to DNE. |
|
Are any post petition receivables (accounts, notes or loans) due from related parties? |
|
X |
|
|
|
Related to Services Agreements. |
|
Are any post petition payroll taxes past due? |
|
|
|
X |
|
|
|
Are any post petition State or Federal income taxes past due? |
|
|
|
X |
|
|
|
Are any post petition real estate taxes past due? |
|
|
|
X |
|
Property taxes in the amount of $5,235,258 for Roseton and $2,340,389 for Danskammer became due on January 31, 2012 and have not been paid. Because of, among other things, the assessment date related to this property tax liability, the Debtors believe that this tax liability is a pre-petition tax liability and, as such, they are current on all post-petition taxes. |
|
Are any other post petition taxes past due? |
|
|
|
X |
|
|
|
Have any pre-petition taxes been paid during this reporting period? |
|
X |
|
|
|
Transaction taxes. |
|
Are any amounts owed to post petition creditors delinquent? |
|
|
|
X |
|
|
|
Are any wage payments past due? |
|
|
|
X |
|
|
|
Have any post petition loans been received by the Debtor from any party? |
|
X |
|
|
|
Loans have been extended under the November 15, 2011 Intercompany DIP facility. |
|
Is the Debtor delinquent in paying any U.S. Trustee fees? |
|
|
|
X |
|
|
|
Is the Debtor delinquent with any court ordered payments to attorneys or other professionals? |
|
|
|
X |
|
|
|
Have the owners or shareholders received any compensation outside of the normal course of business? |
|
|
|
X |
|
|
|
Note: |
This Questionnaire covers Dynegy Holdings, LLC, Dynegy Northeast Generation, Inc., Dynegy Danskammer, LLC, Dynegy Roseton, LLC, and Hudson Power, LLC. |