Attached files
| file | filename |
|---|---|
| EX-99.1 - EX-99.1 - DYNEGY INC. | a13-4041_1ex99d1.htm |
| 8-K - CURRENT REPORT OF MATERIAL EVENTS OR CORPORATE CHANGES - DYNEGY INC. | a13-4041_18k.htm |
Exhibit 99.2
In re Dynegy Holdings, LLC
Case No. 11 - 38111 (CGM)
Reporting Period: September 1 - September 30, 2012
UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF NEW YORK
CORPORATE MONTHLY OPERATING REPORT
|
|
|
Debtor: |
|
Dynegy Northeast |
|
Hudson Power, LLC |
|
Dynegy Roseton, LLC |
|
Dynegy Danskammer, LLC |
|
Dynegy Holdings, LLC |
| ||||||||||
|
Business unit number: |
|
65500 |
|
65501 |
|
65502 |
|
65503 |
|
10001 |
| ||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
REQUIRED DOCUMENTS |
|
Form No. |
|
Document |
|
Explanation |
|
Document |
|
Explanation |
|
Document |
|
Explanation |
|
Document |
|
Explanation |
|
Document |
|
Explanation |
|
|
Schedule of Cash Receipts and Disbursements |
|
MOR-1 |
|
Yes |
|
|
|
Yes |
|
|
|
Yes |
|
|
|
Yes |
|
|
|
Yes |
|
|
|
|
Bank Reconciliation (or copies of debtor’s bank reconciliations) |
|
MOR-1 (CON’T) |
|
Yes |
|
|
|
No |
|
[1] |
|
No |
|
[1] |
|
No |
|
[1] |
|
Yes |
|
|
|
|
Copies of bank statements |
|
|
|
Yes |
|
|
|
No |
|
[1] |
|
No |
|
[1] |
|
No |
|
[1] |
|
Yes |
|
|
|
|
Cash disbursements journals |
|
|
|
Yes |
|
|
|
No |
|
[1] |
|
No |
|
[1] |
|
No |
|
[1] |
|
Yes |
|
|
|
|
Statement of Operations |
|
MOR-2 |
|
Yes |
|
|
|
Yes |
|
|
|
Yes |
|
|
|
Yes |
|
|
|
Yes |
|
|
|
|
Balance Sheet |
|
MOR-3 |
|
Yes |
|
|
|
Yes |
|
|
|
Yes |
|
|
|
Yes |
|
|
|
No |
|
[3] |
|
|
Status of Post-petition Taxes |
|
MOR-4 |
|
Yes |
|
|
|
Yes |
|
|
|
Yes |
|
|
|
Yes |
|
|
|
Yes |
|
|
|
|
Copies of IRS Form 6123 or payment receipt |
|
|
|
Yes |
|
|
|
Yes |
|
|
|
Yes |
|
|
|
Yes |
|
|
|
Yes |
|
|
|
|
Copies of tax returns filed during reporting period |
|
|
|
Yes |
|
|
|
Yes |
|
|
|
Yes |
|
|
|
Yes |
|
|
|
Yes |
|
|
|
|
Summary of Unpaid Post-petition Debts |
|
MOR-4 |
|
Yes |
|
|
|
Yes |
|
|
|
Yes |
|
|
|
Yes |
|
|
|
Yes |
|
|
|
|
Listing of Aged Accounts Payable |
|
|
|
Yes |
|
|
|
Yes |
|
|
|
Yes |
|
|
|
Yes |
|
|
|
Yes |
|
|
|
|
Accounts Receivable Reconciliation and Aging |
|
MOR-5 |
|
No |
|
[2] |
|
No |
|
[2] |
|
Yes |
|
|
|
Yes |
|
|
|
No |
|
[2] |
|
|
Taxes Reconciliation and Aging |
|
MOR-5 |
|
Yes |
|
|
|
Yes |
|
|
|
Yes |
|
|
|
Yes |
|
|
|
Yes |
|
|
|
|
Payments to Insiders and Professional |
|
MOR-6 |
|
Yes |
|
|
|
Yes |
|
|
|
Yes |
|
|
|
Yes |
|
|
|
Yes |
|
|
|
|
Post Petition Status of Secured Notes, Leases Payable |
|
MOR-6 |
|
Yes |
|
|
|
Yes |
|
|
|
Yes |
|
|
|
Yes |
|
|
|
Yes |
|
|
|
|
Debtor Questionnaire |
|
MOR-7 |
|
Yes |
|
|
|
Yes |
|
|
|
Yes |
|
|
|
Yes |
|
|
|
Yes |
|
|
|
[1] Dynegy Northeast Generation, Inc. and Dynegy Holdings, LLC are the only two debtor entities with bank accounts.
[2] Dynegy Holdings, LLC, Dynegy Northeast Generation, Inc., and Hudson Power, LLC have no trade related accounts receivable.
[3] Dynegy Holdings, LLC and Dynegy Inc. merged on September 30, 2012. Refer to Dynegy Inc.’s Monthly Operating Report for the September 2012 Dynegy Holdings, LLC Balance Sheet.
In re Dynegy Holdings, LLC
Case No. 11 - 38111 (CGM)
Reporting Period: September 1 - September 30, 2012
SCHEDULE OF CASH RECEIPTS AND DISBURSEMENTS
MOR -1
($000)
|
Debtor: |
|
Dynegy Northeast |
|
Hudson Power, LLC |
|
Dynegy Roseton, |
|
Dynegy |
|
Dynegy Northeast Generation, Inc. |
|
Dynegy Holdings, |
|
Total |
| |||||||||||||
|
Business unit number: |
|
65500 |
|
65501 |
|
65502 |
|
65503 |
|
65500 |
|
10001 |
|
|
| |||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||
|
|
|
ALLOCATION [1] |
|
BANK ACCOUNTS |
|
BANK |
|
BANK |
| |||||||||||||||||||
|
|
|
September 1 - |
|
September 1 - |
|
September 1 - |
|
September 1 - |
|
# 5260 |
|
#2269 |
|
CURRENT |
|
# 7678 |
|
CURRENT |
| |||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||
|
CASH BEGINNING OF MONTH |
|
|
|
|
|
|
|
|
|
$ |
19,905 |
|
$ |
138 |
|
$ |
20,043 |
|
$ |
48,896 |
|
$ |
68,939 |
| ||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||
|
RECEIPTS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||
|
CASH SALES |
|
$ |
— |
|
$ |
— |
|
$ |
4,151 |
|
$ |
2,093 |
|
$ |
6,244 |
|
$ |
— |
|
$ |
6,244 |
|
$ |
200,000 |
|
$ |
206,244 |
|
|
ACCOUNTS RECEIVABLE - PREPETITION |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| |||||||||
|
ACCOUNTS RECEIVABLE - POST PETITION |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| |||||||||
|
LOANS AND ADVANCES |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| |||||||||
|
SALE OF ASSETS |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| |||||||||
|
OTHER (ATTACH LIST) |
|
— |
|
— |
|
153 |
|
4 |
|
157 |
|
— |
|
157 |
|
12 |
|
169 |
| |||||||||
|
TRANSFERS (FROM DIP ACCTS) |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| |||||||||
|
TOTAL RECEIPTS |
|
$ |
— |
|
$ |
— |
|
$ |
4,304 |
|
$ |
2,097 |
|
$ |
6,401 |
|
$ |
— |
|
$ |
6,401 |
|
$ |
200,012 |
|
$ |
206,413 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||
|
DISBURSEMENTS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||
|
NET PAYROLL |
|
$ |
— |
|
$ |
— |
|
$ |
(264 |
) |
$ |
(396 |
) |
$ |
(660 |
) |
$ |
— |
|
$ |
(660 |
) |
$ |
— |
|
$ |
(660 |
) |
|
PAYROLL TAXES |
|
— |
|
— |
|
(136 |
) |
(204 |
) |
(340 |
) |
— |
|
(340 |
) |
— |
|
(340 |
) | |||||||||
|
OTHER EMPLOYEE BENEFITS |
|
— |
|
— |
|
(158 |
) |
(237 |
) |
(395 |
) |
— |
|
(395 |
) |
— |
|
(395 |
) | |||||||||
|
SALES, USE, & OTHER TAXES |
|
— |
|
— |
|
(18 |
) |
(17 |
) |
(35 |
) |
— |
|
(35 |
) |
— |
|
(35 |
) | |||||||||
|
INVENTORY PURCHASES |
|
— |
|
— |
|
(20 |
) |
(38 |
) |
(58 |
) |
— |
|
(58 |
) |
— |
|
(58 |
) | |||||||||
|
SECURED/ RENTAL/ LEASES |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| |||||||||
|
INSURANCE |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| |||||||||
|
OPERATING EXPENSES |
|
— |
|
— |
|
(646 |
) |
(539 |
) |
(1,185 |
) |
— |
|
(1,185 |
) |
— |
|
(1,185 |
) | |||||||||
|
G & A |
|
— |
|
— |
|
(292 |
) |
(292 |
) |
(584 |
) |
— |
|
(584 |
) |
— |
|
(584 |
) | |||||||||
|
FUEL PURCHASES |
|
— |
|
— |
|
(1,049 |
) |
— |
|
(1,049 |
) |
— |
|
(1,049 |
) |
— |
|
(1,049 |
) | |||||||||
|
CAPEX |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| |||||||||
|
COLLATERAL |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| |||||||||
|
BANK FEES |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| |||||||||
|
OTHER |
|
(2 |
) |
— |
|
(82 |
) |
(386 |
) |
(470 |
) |
— |
|
(470 |
) |
(157 |
) |
(627 |
) | |||||||||
|
SUB NOTES |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
(110 |
) |
(110 |
) | |||||||||
|
SR NOTES INDENTURE |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
(84 |
) |
(84 |
) | |||||||||
|
PROFESSIONAL FEES |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
(2,433 |
) |
(2,433 |
) | |||||||||
|
U.S. TRUSTEE QUARTERLY FEES |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| |||||||||
|
LEGAL SETTLEMENT |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
(2,700 |
) |
(2,700 |
) | |||||||||
|
TOTAL DISBURSEMENTS |
|
$ |
(2 |
) |
$ |
— |
|
$ |
(2,665 |
) |
$ |
(2,109 |
) |
$ |
(4,776 |
) |
$ |
— |
|
$ |
(4,776 |
) |
$ |
(5,484 |
) |
$ |
(10,260 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||
|
NET CASH FLOW (RECEIPTS LESS DISBURSEMENTS |
|
$ |
(2 |
) |
$ |
— |
|
$ |
1,639 |
|
$ |
(12 |
) |
$ |
1,625 |
|
$ |
— |
|
$ |
1,625 |
|
$ |
194,528 |
|
$ |
196,153 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||
|
CASH — END OF MONTH |
|
|
|
|
|
|
|
|
|
$ |
21,530 |
|
$ |
138 |
|
$ |
21,668 |
|
$ |
243,424 |
|
$ |
265,092 |
| ||||
|
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, and 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. |
In re Dynegy Holdings, LLC
Case No. 11 - 38111 (CGM)
Reporting Period: September 1 - September 30, 2012
BANK RECONCILIATIONS
Continuation Sheet for MOR-1
($000)
|
Debtor: |
|
Dynegy Northeast Generation, Inc. |
|
Dynegy Holdings, LLC |
| |||||||||||||||||||||||
|
Business unit number: |
|
65500 |
|
10001 |
| |||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||
|
|
|
Concentration |
|
Capex, Opex & |
|
Gross Margin |
|
Payroll ZBA |
|
Payroll Tax |
|
UAA |
|
|
|
Concentration |
|
Cash Collateral |
| |||||||||
|
|
|
# 5260 |
|
# 5278 [1] |
|
# 5286 |
|
# 5294 [1] |
|
# 5302 |
|
# 2269 |
|
Total |
|
# 7678 |
|
# 0204 |
| |||||||||
|
BALANCE PER BOOKS |
|
$ |
21,548 |
|
$ |
(7 |
) |
$ |
— |
|
$ |
(11 |
) |
$ |
— |
|
$ |
138 |
|
$ |
21,668 |
|
$ |
243,424 |
|
$ |
27,007 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||
|
BANK BALANCE |
|
21,548 |
|
— |
|
— |
|
— |
|
— |
|
138 |
|
21,686 |
|
243,424 |
|
27,007 |
| |||||||||
|
(+) DEPOSITS IN TRANSIT (ATTACH LIST) |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| |||||||||
|
(-) OUTSTANDING CHECKS (ATTACH LIST): |
|
— |
|
(7 |
) |
— |
|
(11 |
) |
— |
|
— |
|
(18 |
) |
— |
|
— |
| |||||||||
|
OTHER (ATTACH EXPLANATION) |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| |||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||
|
ADJUSTED BANK BALANCE |
|
$ |
21,548 |
|
$ |
(7 |
) |
$ |
— |
|
$ |
(11 |
) |
$ |
— |
|
$ |
138 |
|
$ |
21,668 |
|
$ |
243,424 |
|
$ |
27,007 |
|
Note: Dynegy Roseton, LLC, Dynegy Danskammer, LLC, and Hudson Power, LLC do not have bank accounts.
[1] The Adjusted Bank Balances represent the total $18K of outstanding checks.
In re Dynegy Holdings, LLC
Case No. 11 - 38111 (CGM)
Reporting Period: September 1 - September 30, 2012
STATEMENT OF OPERATIONS
MOR - 2
($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 |
| ||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||||
|
|
|
September |
|
November 8 - |
|
September |
|
November 8 - |
|
September |
|
November 8 - |
|
September |
|
November 8 - |
|
September |
|
November 8 - |
| ||||||||||
|
|
|
MONTH |
|
CUMULATIVE -FILING TO DATE |
|
MONTH |
|
CUMULATIVE -FILING TO DATE |
|
MONTH |
|
CUMULATIVE -FILING TO DATE |
|
MONTH |
|
CUMULATIVE -FILING TO DATE |
|
MONTH |
|
CUMULATIVE -FILING TO DATE |
| ||||||||||
|
Revenues |
|
$ |
— |
|
$ |
(0 |
) |
$ |
— |
|
$ |
— |
|
$ |
1,353 |
|
$ |
4,749 |
|
$ |
1,617 |
|
$ |
5,022 |
|
$ |
— |
|
$ |
— |
|
|
Intercompany Revenues |
|
— |
|
(9 |
) |
— |
|
— |
|
1,408 |
|
34,174 |
|
367 |
|
23,601 |
|
— |
|
— |
| ||||||||||
|
Cost of Sales |
|
— |
|
(44 |
) |
— |
|
— |
|
781 |
|
18,122 |
|
837 |
|
20,329 |
|
— |
|
(12 |
) | ||||||||||
|
Taxes Other than Income |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
0 |
| ||||||||||
|
Intercompany Cost of Sales |
|
— |
|
— |
|
— |
|
— |
|
(0 |
) |
48 |
|
— |
|
(16 |
) |
— |
|
— |
| ||||||||||
|
Gross Margin |
|
— |
|
35 |
|
— |
|
— |
|
1,980 |
|
20,753 |
|
1,147 |
|
8,310 |
|
— |
|
12 |
| ||||||||||
|
O&M Costs |
|
106 |
|
8,041 |
|
— |
|
— |
|
2,813 |
|
26,388 |
|
2,627 |
|
23,353 |
|
— |
|
— |
| ||||||||||
|
Operating Margin |
|
(106 |
) |
(8,006 |
) |
— |
|
— |
|
(833 |
) |
(5,635 |
) |
(1,480 |
) |
(15,043 |
) |
— |
|
12 |
| ||||||||||
|
Depreciation & Amortization |
|
— |
|
— |
|
— |
|
— |
|
— |
|
(4,881 |
) |
— |
|
(2,006 |
) |
— |
|
— |
| ||||||||||
|
Asset Impairments |
|
— |
|
— |
|
— |
|
— |
|
— |
|
(8 |
) |
— |
|
568 |
|
— |
|
— |
| ||||||||||
|
G & A |
|
514 |
|
4,317 |
|
— |
|
— |
|
— |
|
76 |
|
— |
|
76 |
|
— |
|
8,660 |
| ||||||||||
|
Operating Income/(Loss) |
|
(620 |
) |
(12,323 |
) |
— |
|
— |
|
(833 |
) |
(822 |
) |
(1,480 |
) |
(13,681 |
) |
— |
|
(8,648 |
) | ||||||||||
|
Bankruptcy Reorg charges |
|
(50 |
) |
(972,664 |
) |
(0 |
) |
(1 |
) |
(1 |
) |
72,557 |
|
(1 |
) |
(2,739 |
) |
20,734 |
|
(554,464 |
) | ||||||||||
|
Equity Earnings/ (Losses) |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
(59,906 |
) |
(1,935,783 |
) | ||||||||||
|
Interest Income/(Expense) |
|
(103 |
) |
4,781 |
|
— |
|
(0 |
) |
— |
|
(5,188 |
) |
— |
|
(1,287 |
) |
— |
|
(840 |
) | ||||||||||
|
Other Income/(Expense) |
|
— |
|
(4 |
) |
— |
|
— |
|
329 |
|
(17 |
) |
336 |
|
(1 |
) |
(1,294 |
) |
466,780 |
| ||||||||||
|
Income/(Loss) before income taxes |
|
(773 |
) |
(980,210 |
) |
(0 |
) |
(1 |
) |
(505 |
) |
66,530 |
|
(1,145 |
) |
(17,708 |
) |
(40,465 |
) |
(2,032,955 |
) | ||||||||||
|
Tax Provision (benefit) |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
(8,364 |
) |
172,640 |
| ||||||||||
|
Income/(Loss) from operations |
|
$ |
(773 |
) |
$ |
(980,210 |
) |
$ |
(0 |
) |
$ |
(1 |
) |
$ |
(505 |
) |
$ |
66,530 |
|
$ |
(1,145 |
) |
$ |
(17,708 |
) |
$ |
(32,102 |
) |
$ |
(2,205,595 |
) |
In re Dynegy Holdings, LLC
Case No. 11 - 38111 (CGM)
Reporting Period: September 1 - September 30, 2012
BALANCE SHEET
MOR - 3
($000)
|
Debtor: |
|
Dynegy Northeast Generation, |
|
Hudson Power, LLC |
|
Dynegy Roseton, LLC |
|
Dynegy Danskammer, LLC |
|
|
Business unit number: |
|
65500 |
|
65501 |
|
65502 |
|
65503 |
|
|
|
|
September |
|
August |
|
September |
|
August |
|
September |
|
August |
|
September |
|
August |
| ||||||||
|
|
|
BOOK VALUE |
|
BOOK |
|
BOOK VALUE |
|
BOOK |
|
BOOK VALUE |
|
BOOK |
|
BOOK VALUE |
|
BOOK |
| ||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
|
Assets: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
|
Cash and Cash Equivalents |
|
$ |
21,668 |
|
$ |
20,043 |
|
$ |
— |
|
$ |
— |
|
$ |
4 |
|
$ |
4 |
|
$ |
4 |
|
$ |
4 |
|
|
ST Investments - Restricted |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||
|
AR Affiliates |
|
1,342 |
|
(927 |
) |
— |
|
— |
|
(0 |
) |
714 |
|
— |
|
439 |
| ||||||||
|
Interest Rec Interco |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||
|
Accounts Receivable |
|
— |
|
— |
|
— |
|
— |
|
891 |
|
1,945 |
|
592 |
|
1,107 |
| ||||||||
|
Inventory |
|
— |
|
— |
|
— |
|
— |
|
10,332 |
|
10,332 |
|
13,033 |
|
13,592 |
| ||||||||
|
Risk Management Assets - Affiliate |
|
— |
|
— |
|
— |
|
— |
|
2,679 |
|
4,716 |
|
— |
|
— |
| ||||||||
|
Prepaids & Other Assets |
|
1,352 |
|
1,038 |
|
— |
|
— |
|
11,667 |
|
13,217 |
|
5,681 |
|
6,398 |
| ||||||||
|
Total Current Assets |
|
$ |
24,362 |
|
$ |
20,154 |
|
$ |
— |
|
$ |
— |
|
$ |
25,573 |
|
$ |
30,928 |
|
$ |
19,310 |
|
$ |
21,540 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
|
Property, Plant and Equipment: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
|
Property, Plant & Equipment |
|
$ |
(919,703 |
) |
$ |
(919,703 |
) |
$ |
— |
|
$ |
— |
|
$ |
719,366 |
|
$ |
719,366 |
|
$ |
467,521 |
|
$ |
467,521 |
|
|
Accumulated DD&A |
|
919,703 |
|
919,703 |
|
— |
|
— |
|
(719,366 |
) |
(719,366 |
) |
(467,521 |
) |
(467,521 |
) | ||||||||
|
Net Property, Plant and Equipment |
|
0 |
|
0 |
|
— |
|
— |
|
(0 |
) |
(0 |
) |
— |
|
— |
| ||||||||
|
Other Assets: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
|
Investment-Consolidated Subs |
|
286,661 |
|
285,551 |
|
286,661 |
|
285,551 |
|
— |
|
— |
|
— |
|
— |
| ||||||||
|
LT Investments - Restricted |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||
|
LT Notes and AR - IC |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||
|
Net Other Assets |
|
286,661 |
|
285,551 |
|
286,661 |
|
285,551 |
|
— |
|
— |
|
— |
|
— |
| ||||||||
|
Total Assets |
|
$ |
311,023 |
|
$ |
305,705 |
|
$ |
286,661 |
|
$ |
285,551 |
|
$ |
25,573 |
|
$ |
30,928 |
|
$ |
19,310 |
|
$ |
21,540 |
|
In re Dynegy Holdings, LLC
Case No. 11 - 38111 (CGM)
Reporting Period: September 1 - September 30, 2012
BALANCE SHEET
MOR - 3
($000)
|
Debtor: |
|
Dynegy Northeast Generation, |
|
Hudson Power, LLC |
|
Dynegy Roseton, LLC |
|
Dynegy Danskammer, LLC |
| ||||||||||||||||
|
Business unit number: |
|
65500 |
|
65501 |
|
65502 |
|
65503 |
| ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
| ||||||||||||||||
|
|
|
September |
|
August |
|
September |
|
August |
|
September |
|
August |
|
September |
|
August |
| ||||||||
|
|
|
BOOK VALUE |
|
BOOK |
|
BOOK VALUE |
|
BOOK |
|
BOOK VALUE |
|
BOOK |
|
BOOK VALUE |
|
BOOK |
| ||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
|
Liabilities And Equity: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
|
Current Liabilities: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
|
Accounts Payable - Third Party |
|
$ |
569 |
|
$ |
443 |
|
$ |
— |
|
$ |
— |
|
$ |
130 |
|
$ |
187 |
|
$ |
179 |
|
$ |
498 |
|
|
Accounts Payable-Affiliates |
|
852 |
|
690 |
|
— |
|
— |
|
2 |
|
2 |
|
50 |
|
4 |
| ||||||||
|
Intercompany Due To-From |
|
(3,370 |
) |
(11,541 |
) |
1 |
|
1 |
|
64,270 |
|
67,235 |
|
218,890 |
|
221,031 |
| ||||||||
|
Interest Accrued |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||
|
Interest Accrued- Intercompany |
|
707 |
|
603 |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||
|
Taxes Accrued |
|
35 |
|
199 |
|
— |
|
— |
|
16,855 |
|
16,855 |
|
7,118 |
|
7,118 |
| ||||||||
|
Other Accrued Liabilities |
|
1,839 |
|
1,717 |
|
0 |
|
0 |
|
1,259 |
|
1,160 |
|
1,515 |
|
1,360 |
| ||||||||
|
Def Income Taxes – Cur Liab |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||
|
Risk Management Liabilities |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
5 |
| ||||||||
|
Risk Management Liabilities - Affiliate |
|
— |
|
— |
|
— |
|
— |
|
2,410 |
|
4,358 |
|
— |
|
— |
| ||||||||
|
Short Term Debt - I/C |
|
13,000 |
|
13,000 |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||
|
Total Current Liabilities |
|
$ |
13,632 |
|
$ |
5,111 |
|
$ |
1 |
|
$ |
1 |
|
$ |
84,926 |
|
$ |
89,797 |
|
$ |
227,752 |
|
$ |
230,016 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
|
Long-Term Liabilities: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
|
Liabilities subject to compromise |
|
$ |
2,532 |
|
$ |
2,482 |
|
$ |
— |
|
$ |
— |
|
$ |
497,261 |
|
$ |
497,261 |
|
$ |
90,061 |
|
$ |
90,061 |
|
|
Long Term Debt - Interco |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||
|
Def Income Taxes – N Cur Liab |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||
|
Other LT Liabilities |
|
18,960 |
|
18,924 |
|
— |
|
— |
|
2,817 |
|
2,796 |
|
8,058 |
|
7,990 |
| ||||||||
|
Total Liabilities |
|
$ |
35,124 |
|
$ |
26,517 |
|
$ |
1 |
|
$ |
1 |
|
$ |
585,004 |
|
$ |
589,854 |
|
$ |
325,871 |
|
$ |
328,067 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
|
Equity: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
|
Receivables - Affiliates |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
|
Common Stock Issued - I/C |
|
1 |
|
1 |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||
|
Common Stock-A |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||
|
Addl Paid In Capital |
|
2,808,579 |
|
2,808,579 |
|
545,066 |
|
545,066 |
|
306,311 |
|
306,311 |
|
238,755 |
|
238,755 |
| ||||||||
|
Other Comprehensive Income |
|
509 |
|
514 |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||
|
Retained Earnings (Accumulated Deficit) |
|
(2,533,190 |
) |
(2,529,906 |
) |
(258,406 |
) |
(259,516 |
) |
(865,742 |
) |
(865,237 |
) |
(545,316 |
) |
(545,282 |
) | ||||||||
|
Total Dynegy Inc Equity |
|
$ |
275,899 |
|
$ |
279,188 |
|
$ |
286,660 |
|
$ |
285,550 |
|
$ |
(559,431 |
) |
$ |
(558,926 |
) |
$ |
(306,561 |
) |
$ |
(306,527 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
|
Total Liabilities & Equity |
|
$ |
311,023 |
|
$ |
305,705 |
|
$ |
286,661 |
|
$ |
285,551 |
|
$ |
25,573 |
|
$ |
30,928 |
|
$ |
19,310 |
|
$ |
21,540 |
|
In re Dynegy Holdings, LLC
Case No. 11 - 38111 (CGM)
Reporting Period: September 1 - September 30, 2012
STATUS OF POST-PETITION TAXES
MOR - 4
|
Debtor: |
|
Dynegy Northeast Generation, Inc. |
|
Dynegy Holdings, LLC [2] |
| ||||||||||||||||||||||||||||
|
Business unit number: |
|
65500 |
|
10001 |
| ||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
|
|
|
Beginning |
|
Amount |
|
Amount Paid |
|
Date Paid |
|
Check # or |
|
Ending Tax |
|
Beginning Tax |
|
Amount |
|
Amount Paid |
|
Date Paid |
|
Check # or EFT |
|
Ending Tax |
| ||||||||
|
Federal |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
|
Withholding [1] |
|
$ |
— |
|
$ |
145,909 |
|
$ |
145,909 |
|
— |
|
— |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
— |
|
— |
|
$ |
— |
|
|
FICA-Employee [1] |
|
— |
|
59,221 |
|
59,221 |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||
|
FICA-Employer [1] |
|
— |
|
80,176 |
|
80,176 |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||
|
Unemployment |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||
|
Income |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||
|
Other: |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||
|
Total Federal Taxes [1] |
|
$ |
— |
|
$ |
285,306 |
|
$ |
285,306 |
|
— |
|
— |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
— |
|
— |
|
$ |
— |
|
|
State and Local |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
|
Withholding [1] |
|
— |
|
54,730 |
|
54,730 |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||
|
Sales/Use |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||
|
Excise |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||
|
Unemployment |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||
|
Real Property [3] [4] |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||
|
Personal Property |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||
|
Franchise Tax |
|
198,662 |
|
(128,859 |
) |
34,724 |
|
— |
|
— |
|
35,079 |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||
|
Metro Commuter Tax |
|
35,153 |
|
3,568 |
|
— |
|
— |
|
— |
|
38,721 |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||
|
Total State and Local |
|
$ |
233,815 |
|
$ |
(70,561 |
) |
$ |
89,454 |
|
— |
|
— |
|
$ |
73,800 |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
— |
|
— |
|
$ |
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
|
Total Taxes |
|
$ |
233,815 |
|
$ |
214,745 |
|
$ |
374,760 |
|
— |
|
— |
|
$ |
73,800 |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
— |
|
— |
|
$ |
— |
|
[1] Payroll taxes are totals from four payroll tax payments made on 9/6, 9/12, 9/19 and 9/26.
[2] Dynegy Holdings, LLC is a holding company and has no payroll.
|
SUMMARY OF UNPAID |
|
Dynegy Northeast Generation, Inc. |
|
Dynegy Holdings, LLC |
| ||||||||||||||||||||||||||||||
|
POST-PETITION DEBTS |
|
65500 |
|
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 |
|
$ |
1,928 |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
1,928 |
|
|
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
|
|
|
Wages Payable [1] |
|
— |
|
— |
|
— |
|
— |
|
— |
|
|
|
— |
|
— |
|
— |
|
— |
|
— |
|
|
| ||||||||||
|
Taxes Payable [2] [3] |
|
73,800 |
|
— |
|
— |
|
— |
|
73,800 |
|
|
|
— |
|
— |
|
— |
|
— |
|
— |
|
|
| ||||||||||
|
Rent/Leases-Building |
|
— |
|
— |
|
— |
|
— |
|
— |
|
|
|
— |
|
— |
|
— |
|
— |
|
— |
|
|
| ||||||||||
|
Rent/Leases-Equipment |
|
— |
|
— |
|
— |
|
— |
|
— |
|
|
|
— |
|
— |
|
— |
|
— |
|
— |
|
|
| ||||||||||
|
Secured Debt/Adequate Protection Payments |
|
— |
|
— |
|
— |
|
— |
|
— |
|
|
|
— |
|
— |
|
— |
|
— |
|
— |
|
|
| ||||||||||
|
Professional Fees |
|
(1,300 |
) |
— |
|
— |
|
— |
|
(1,300 |
) |
|
|
14,662,814 |
|
— |
|
— |
|
— |
|
14,662,814 |
|
|
| ||||||||||
|
Amounts Due to Insiders |
|
— |
|
— |
|
— |
|
— |
|
— |
|
|
|
— |
|
— |
|
— |
|
— |
|
— |
|
|
| ||||||||||
|
Total Post-petition Debts |
|
$ |
74,428 |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
74,428 |
|
|
|
$ |
14,662,814 |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
14,662,814 |
|
|
|
[1] The Debtors are current on Payroll and Wage liabilities.
In re Dynegy Holdings, LLC
Case No. 11 - 38111 (CGM)
Reporting Period: September 1 - September 30, 2012
STATUS OF POST-PETITION TAXES
MOR - 4
|
Debtor: |
|
Dynegy Danskammer, LLC |
|
Dynegy Roseton, LLC |
| ||||||||||||||||||||||||||||
|
Business unit number: |
|
65503 |
|
65502 |
| ||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
|
|
|
Beginning |
|
Amount |
|
Amount Paid |
|
Date Paid |
|
Check # or |
|
Ending Tax |
|
Beginning Tax |
|
Amount |
|
Amount Paid |
|
Date Paid |
|
Check # or |
|
Ending Tax |
| ||||||||
|
Federal |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
|
Withholding [1] |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
— |
|
— |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
— |
|
— |
|
$ |
— |
|
|
FICA-Employee [1] |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||
|
FICA-Employer [1] |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||
|
Unemployment |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||
|
Income |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||
|
Other: |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||
|
Total Federal Taxes [1] |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
— |
|
— |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
— |
|
— |
|
$ |
— |
|
|
State and Local |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
|
Withholding [1] |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||
|
Sales/Use |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
183 |
|
691 |
|
540 |
|
— |
|
— |
|
334 |
| ||||||||
|
Excise |
|
— |
|
|
|
|
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||
|
Unemployment |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||
|
Real Property [3] [4] |
|
7,118,276 |
|
— |
|
— |
|
— |
|
— |
|
7,118,276 |
|
16,854,736 |
|
— |
|
— |
|
— |
|
— |
|
16,854,736 |
| ||||||||
|
Personal Property |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||
|
Franchise Tax |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||
|
Metro Commuter Tax |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||
|
Total State and Local |
|
$ |
7,118,276 |
|
$ |
— |
|
$ |
— |
|
— |
|
— |
|
$ |
7,118,276 |
|
$ |
16,854,919 |
|
$ |
691 |
|
$ |
540 |
|
— |
|
— |
|
$ |
16,855,070 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
|
Total Taxes |
|
$ |
7,118,276 |
|
$ |
— |
|
$ |
— |
|
— |
|
— |
|
$ |
7,118,276 |
|
$ |
16,854,919 |
|
$ |
691 |
|
$ |
540 |
|
— |
|
— |
|
$ |
16,855,070 |
|
[3] Property taxes in the amount of $5,235,258 for Roseton became due on January 31, 2012. In August 2012, $328,982 was accrued for penalties and interest and a partial payment of $1,000,000 was made leaving a past due property tax balance of $4,564,240. An additional $12,290,496 in School property taxes, due October 1, 2012 was accrued for Roseton. Roseton is current on all other Post-Petition taxes.
[4] Property taxes in the amount of $2,340,389 for Danskammer became due on January 31, 2012. In August 2012, $336,177 was accrued for penalties and interest and a payment of $1,000,000 was made leaving a past due property tax balance of $1,676,567. An additional $5,441,709 in School property taxes, due October 1, 2012 was accrued for Danskammer. Danskammer is current on all other Post-Petition taxes.
|
SUMMARY OF UNPAID |
|
Dynegy Danskammer, LLC |
|
Dynegy Roseton, LLC |
| ||||||||||||||||||||||||||||||
|
POST-PETITION DEBTS |
|
65503 |
|
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 |
|
$ |
504,825 |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
504,825 |
|
|
|
$ |
62,405 |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
62,405 |
|
|
|
|
Wages Payable [1] |
|
— |
|
— |
|
— |
|
— |
|
— |
|
|
|
— |
|
— |
|
— |
|
— |
|
— |
|
|
| ||||||||||
|
Taxes Payable [2] [3] |
|
5,441,709 |
|
— |
|
— |
|
1,676,567 |
|
7,118,276 |
|
|
|
12,290,830 |
|
— |
|
— |
|
4,564,240 |
|
16,855,070 |
|
|
| ||||||||||
|
Rent/Leases-Building |
|
— |
|
— |
|
— |
|
— |
|
— |
|
|
|
— |
|
— |
|
— |
|
— |
|
— |
|
|
| ||||||||||
|
Rent/Leases-Equipment |
|
— |
|
— |
|
— |
|
— |
|
— |
|
|
|
— |
|
— |
|
— |
|
— |
|
— |
|
|
| ||||||||||
|
Secured Debt/Adequate Protection Payments |
|
— |
|
— |
|
— |
|
— |
|
— |
|
|
|
— |
|
— |
|
— |
|
— |
|
— |
|
|
| ||||||||||
|
Professional Fees |
|
13,000 |
|
— |
|
— |
|
— |
|
13,000 |
|
|
|
23,250 |
|
— |
|
— |
|
— |
|
23,250 |
|
|
| ||||||||||
|
Amounts Due to Insiders |
|
— |
|
— |
|
— |
|
— |
|
— |
|
|
|
— |
|
— |
|
— |
|
— |
|
— |
|
|
| ||||||||||
|
Total Post-petition Debts |
|
$ |
5,959,534 |
|
$ |
— |
|
$ |
— |
|
$ |
1,676,567 |
|
$ |
7,636,101 |
|
|
|
$ |
12,376,485 |
|
$ |
— |
|
$ |
— |
|
$ |
4,564,240 |
|
$ |
16,940,725 |
|
|
|
[1] The Debtors are current on Payroll and Wage liabilities.
[2] Property taxes in the amount of $2,340,389 for Danskammer became due on January 31, 2012. In August 2012, $336,177 was accrued for penalties and interest and a payment of $1,000,000 was made leaving a past due property tax balance of $1,676,567. An additional $5,441,709 in School property taxes, due October 1, 2012 was accrued for Danskammer. Danskammer is current on all other Post-Petition taxes.
[3] Property taxes in the amount of $5,235,258 for Roseton became due on January 31, 2012. In August 2012, $328,982 was accrued for penalties and interest and a partial payment of $1,000,000 was made leaving a past due property tax balance of $4,564,240. An additional $12,290,496 in School property taxes, due October 1, 2012 was accrued for Roseton. Roseton is current on all other Post-Petition taxes.
In re Dynegy Holdings, LLC
Case No. 11 - 38111 (CGM)
Reporting Period: September 1 - September 30, 2012
STATUS OF POST-PETITION TAXES
MOR - 4
|
Debtor: |
|
Hudson Power, LLC |
| ||||||||||||||
|
Business unit number: |
|
65501 |
| ||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||
|
|
|
Beginning |
|
Amount |
|
Amount Paid |
|
Date Paid |
|
Check # or |
|
Ending Tax |
| ||||
|
Federal |
|
|
|
|
|
|
|
|
|
|
|
|
| ||||
|
Withholding [1] |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
— |
|
— |
|
$ |
— |
|
|
FICA-Employee [1] |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||
|
FICA-Employer [1] |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||
|
Unemployment |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||
|
Income |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||
|
Other: |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||
|
Total Federal Taxes [1] |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
— |
|
— |
|
$ |
— |
|
|
State and Local |
|
|
|
|
|
|
|
|
|
|
|
|
| ||||
|
Withholding [1] |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||
|
Sales/Use |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||
|
Excise |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||
|
Unemployment |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||
|
Real Property [3] [4] |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||
|
Personal Property |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||
|
Franchise Tax |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||
|
Metro Commuter Tax |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||
|
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 [2] [3] |
|
— |
|
— |
|
— |
|
— |
|
— |
| |||||
|
Rent/Leases-Building |
|
— |
|
— |
|
— |
|
— |
|
— |
| |||||
|
Rent/Leases-Equipment |
|
— |
|
— |
|
— |
|
— |
|
— |
| |||||
|
Secured Debt/Adequate Protection Payments |
|
— |
|
— |
|
— |
|
— |
|
— |
| |||||
|
Professional Fees |
|
325 |
|
— |
|
— |
|
— |
|
325 |
| |||||
|
Amounts Due to Insiders |
|
— |
|
— |
|
— |
|
— |
|
— |
| |||||
|
Total Post-petition Debts |
|
$ |
325 |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
325 |
|
In re Dynegy Holdings, LLC
Case No. 11 - 38111 (CGM)
Reporting Period: September 1 - September 30, 2012
ACCOUNTS RECEIVABLE RECONCILIATION AND AGING
MOR - 5
|
Debtor: |
|
Dynegy Roseton, LLC |
|
Dynegy Danskammer, LLC |
| ||||||||||||||||||||||||||
|
Business unit number: |
|
65502 |
|
65503 |
| ||||||||||||||||||||||||||
|
|
|
|
|
|
| ||||||||||||||||||||||||||
|
Accounts Receivable Reconciliation |
|
Amount |
|
Amount |
| ||||||||||||||||||||||||||
|
Total Accounts Receivable at the beginning of the reporting period |
|
$ |
1,945,143 |
|
$ |
1,107,309 |
| ||||||||||||||||||||||||
|
Plus: Amounts billed during the period |
|
890,887 |
|
592,571 |
| ||||||||||||||||||||||||||
|
Less: Amounts collected during the period |
|
1,945,143 |
|
1,107,309 |
| ||||||||||||||||||||||||||
|
Total Accounts Receivable at the end of the reporting period |
|
$ |
890,887 |
|
$ |
592,571 |
| ||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||||
|
Accounts Receivable Aging |
|
0-30 Days |
|
31-60 |
|
61-90 |
|
91+ |
|
Total |
|
0-30 Days |
|
31-60 |
|
61-90 |
|
91+ |
|
Total |
| ||||||||||
|
0 - 30 days old |
|
$ |
890,887 |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
890,887 |
|
$ |
592,571 |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
592,571 |
|
|
31 - 60 days old |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||||
|
61 - 90 days old |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||||
|
91+ days old |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||||
|
Total Accounts Receivable |
|
$ |
890,887 |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
890,887 |
|
$ |
592,571 |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
592,571 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||||
|
Less: Bad Debts (Amount considered uncollectible) |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
|
— |
| ||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||||
|
Net Accounts Receivable |
|
$ |
890,887 |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
890,887 |
|
$ |
592,571 |
|
$ |
— |
|
$ |
— |
|
$ |
— |
|
$ |
592,571 |
|
Note: Dynegy Holdings, LLC, Dynegy Northeast Generation, Inc., and Hudson Power, LLC have no trade related accounts receivable.
In re Dynegy Holdings, LLC
Case No. 11 - 38111 (CGM)
Reporting Period: September 1 - September 30, 2012
PAYMENTS TO INSIDERS AND PROFESSIONALS
MOR - 6
|
Dynegy Holdings, LLC |
|
|
Hudson Power, LLC |
|
|
10001 |
|
|
65501 |
|
|
|
|
|
|
|
|
PROFESSIONALS |
|
|
PROFESSIONALS |
|
|
NAME |
|
DATE OF |
|
AMOUNT |
|
AMOUNT PAID |
|
TOTAL PAID |
|
TOTAL |
|
|
NAME |
|
DATE OF |
|
AMOUNT |
|
AMOUNT |
|
TOTAL |
|
TOTAL |
| ||||||||
|
Sidley Austin LLP |
|
|
|
— |
|
— |
|
12,229,889 |
|
7,000,000 |
|
|
US Trustee Fee |
|
|
|
— |
|
— |
|
975 |
|
325 |
| ||||||||
|
Akin, Gump |
|
|
|
— |
|
621,365 |
|
6,265,418 |
|
2,457,358 |
|
|
TOTAL PAYMENTS TO PROFESSIONALS |
$ |
— |
|
$ |
— |
|
$ |
975 |
|
$ |
325 |
| |||||||
|
FTI Consulting, Inc. |
|
|
|
— |
|
— |
|
921,704 |
|
34,046 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
|
Epiq Bankruptcy Solutions |
|
|
|
— |
|
— |
|
342,851 |
|
307,911 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
|
US Trustee Fee |
|
|
|
— |
|
— |
|
23,400 |
|
13,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
|
Dewey and LeBoeuf LLP [1] |
|
|
|
— |
|
— |
|
22,919 |
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
|
Huff Wilkes LLP [2] |
|
|
|
— |
|
— |
|
3,442 |
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
|
King and Spalding [2] |
|
|
|
— |
|
— |
|
32,514 |
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
|
Bryan Cave |
|
|
|
— |
|
— |
|
— |
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
|
Blackstone |
|
|
|
— |
|
102,897 |
|
1,024,528 |
|
3,770,348 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
|
Davies Ward |
|
|
|
— |
|
— |
|
20,804 |
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
|
ICF Consulting |
|
|
|
— |
|
— |
|
578,957 |
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
|
Kurtzman Carson |
|
|
|
— |
|
— |
|
66,649 |
|
19,805 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
|
Quinn Emmanuael |
|
|
|
— |
|
— |
|
4,148,461 |
|
50,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
|
Duff and Phelps |
|
|
|
— |
|
— |
|
137,548 |
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
|
Ernst & Young LLP |
|
|
|
— |
|
— |
|
174,914 |
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
|
Zolfo Cooper |
|
|
|
— |
|
386,530 |
|
872,147 |
|
138,499 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
|
Latham Watkins |
|
|
|
— |
|
— |
|
— |
|
304,168 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
|
KPMG |
|
|
|
— |
|
— |
|
— |
|
554,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
|
DLA Piper |
|
|
|
— |
|
— |
|
— |
|
1,168 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
|
Merrill Communications |
|
|
|
— |
|
— |
|
— |
|
6,511 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
|
Andrews Kurth |
|
|
|
— |
|
— |
|
— |
|
6,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
|
Ropes and Gray LLP |
|
|
|
— |
|
565,369 |
|
565,369 |
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
|
Arrent Fox LLp |
|
|
|
— |
|
756,660 |
|
756,660 |
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||||
|
TOTAL PAYMENTS TO PROFESSIONALS |
|
$ |
— |
|
$ |
2,432,821 |
|
$ |
28,188,174 |
|
$ |
14,662,814 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||
|
[1] |
Includes $15,228 payment from Dynegy Holdings on behalf of Dynegy Roseton and Dynegy Danskammer. |
|
[2] |
Fee paid by Dynegy Holdings on behalf of Dynegy Roseton and Dynegy Danskammer. |
|
Note: |
No payments were made to Insiders from any of the debtor entities in September. |
|
Note: |
None of the debtors have Secured Notes or Leases Payable. |
In re Dynegy Holdings, LLC
Case No. 11 - 38111 (CGM)
Reporting Period: September 1 - September 30, 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 |
|
|
|
— |
|
— |
|
32,500 |
|
23,250 |
|
US Trustee Fee |
|
|
|
— |
|
— |
|
36,400 |
|
13,000 |
| ||||||||
|
Huff Wilkes LLP |
|
|
|
— |
|
— |
|
64 |
|
— |
|
Huff Wilkes LLP |
|
|
|
— |
|
— |
|
64 |
|
— |
| ||||||||
|
Keller and Heckman LLP |
|
|
|
— |
|
645 |
|
645 |
|
— |
|
Keller and Heckman LLP |
|
|
|
— |
|
645 |
|
645 |
|
— |
| ||||||||
|
TOTAL PAYMENTS TO PROFESSIONALS |
|
|
|
$ |
— |
|
$ |
645 |
|
$ |
33,209 |
|
$ |
23,250 |
|
Haynes and Boone LLP |
|
|
|
— |
|
14,553 |
|
14,553 |
|
— |
| ||||
|
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL PAYMENTS TO PROFESSIONALS |
|
$ |
— |
|
$ |
15,198 |
|
$ |
51,662 |
|
$ |
13,000 |
| ||||||
Note: No payments were made to Insiders from any of the debtor entities in September.
Note: None of the debtors have Secured Notes or Leases Payable.
In re Dynegy Holdings, LLC
Case No. 11 - 38111 (CGM)
Reporting Period: September 1 - September 30, 2012
PAYMENTS TO INSIDERS AND PROFESSIONALS
MOR - 6
Dynegy Northeast Generation, Inc.
65500
PROFESSIONALS
|
NAME |
|
DATE OF |
|
AMOUNT |
|
AMOUNT |
|
TOTAL |
|
TOTAL |
| ||||
|
US Trustee Fee [4] |
|
|
|
— |
|
— |
|
28,275 |
|
(1,300 |
) | ||||
|
King and Spalding |
|
|
|
— |
|
— |
|
9,204 |
|
— |
| ||||
|
Dewey and LeBoeuf LLP |
|
|
|
— |
|
— |
|
875 |
|
— |
| ||||
|
Huff Wilkes LLP |
|
|
|
— |
|
— |
|
2,751 |
|
— |
| ||||
|
TOTAL PAYMENTS TO PROFESSIONALS |
|
|
|
$ |
— |
|
$ |
— |
|
$ |
41,105 |
|
$ |
(1,300 |
) |
[4] 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 September.
Note: None of the debtors have Secured Notes or Leases Payable.
In re Dynegy Holdings, LLC
Case No. 11 - 38111 (CGM)
Reporting Period: September 1 - September 30, 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 |
|
|
|
Are any post petition receivables (accounts, notes or loans) due from related parties? |
|
X |
|
|
|
Post-petition intercompany receivables have been accrued and will be received in the normal course of business. DYPM markets the DNE energy and originally receives the cash before forwarding it to DNE. |
|
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 became due on January 31, 2012. In August 2012, $328,982 was accrued for penalties and interest and a partial payment of $1,000,000 was made leaving a past due property tax balance of $4,564,240. Property taxes in the amount of $2,340,389 for Danskammer became due on January 31, 2012. In August 2012, $336,177 was accrued for penalties and interest and a payment of $1,000,000 was made leaving a past due property tax balance of $1,676,567. |
|
Are any other post petition taxes past due? |
|
|
|
X |
|
|
|
Have any pre-petition taxes been paid during this reporting period? |
|
|
|
X |
|
|
|
Are any amounts owed to post petition creditors delinquent? |
|
|
|
X |
|
DH has received invoices for indenture trustee fees which are related to unsecured prepetition debt but which may include post petition periods. Counsel has recommended that DH not pay these fees in the ordinary course. |
|
Are any wage payments past due? |
|
|
|
X |
|
|
|
Have any post petition loans been received by the Debtor from any party? |
|
X |
|
|
|
Loans have been received under the November 15, 2011 intercompany Revolving Loan Agreement. |
|
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.