================================================================================
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
-------------------------------------------------
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
January 13, 2000
-------------------------------------------------
UNITEL VIDEO, INC.
(Exact name of registrant as specified in its charter)
Delaware 1-8654 23-1713238
- ---------------------------- ---------------- -------------------
(State or other jurisdiction (Commission File (I.R.S. Employer
of incorporation) Number) Identification No.)
555 West 57th Street, New York, New York 10019
- ---------------------------------------- ----------
(Address of principal executive offices) (Zip Code)
212-265-3600
----------------------------------------------------
(Registrant's telephone number, including area code)
N/A
-------------------------------
(Former name or former address,
if changed since last report)
================================================================================
<PAGE>
Item 5. Other Events
On January 13, 2000, Unitel Video, Inc. (the "Company") filed an unaudited
monthly operating report for the month ended November 30, 1999 with the United
States Bankruptcy Court for the District of Delaware (the "Court"), in
connection with the Company's and its domestic subsidiaries cases (the "Cases")
under Chapter 11 of title 11 of the United States Code (Case No. 99-2979 (PJ)).
The Company has included this report as an exhibit to this Form 8-K.
Item 7. Financial Statement, Pro Forma Financial Information and Exhibits
(a) Financial statements of business acquired:
Not applicable
(b) Pro forma financial information:
Not applicable
(c) Exhibits:
99.1: The Company's unaudited monthly operating report for the month
ended November 30, 1999, filed with the Court on January 13,
2000 in connection with the Cases
1
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
UNITEL VIDEO, INC.
Date: January 31, 2000 BY: /s/ Ira Glazer
------------------------------------
Ira Glazer
Senior Vice President
Getzler & Co., Inc.
for Unitel Video, Inc.
2
<PAGE>
EXHIBIT INDEX
EXHIBIT DESCRIPTION SEQUENTIAL Page No.
- ------- ----------- -------------------
99.1 The Company's unaudited 4
monthly report for the
month ended November 30,
1999 filed with the Court
on January 13, 2000 in
connection with the Cases
3
Debtor: United Video ACCRUAL BASIS - 1
Case No.: 99-2979 (PSW)
OFFICE OF THE UNITED STATES TRUSTEE - REGION 3
MONTHLY OPERATING REPORT
for the month ending NOVEMBER, 1999
================================================================================
Document Previously Explanation
Required Attachments Attached Submitted Attached
1. Tax Receipts |X| |_| |_|
2. Bank Statements |X| |_| |_|
3. Most recently filed
Income Tax Return |_| |X| |_|
4. Most recent Annual Financial
Statements prepared by accountant |_| |X| |_|
IN ACCORDANCE WITH TITLE 28. SECTION 1746. OF THE UNITED STATES CODE, I DECLARE
UNDER PENALTY OF PERJURY THAT I HAVE EXAMINED THE FOLLOWING MONTHLY OPERATING
REPORT (ACCRUAL BASIS - 1 THROUGH ACCRUAL BASIS - 8) AND THE ACCOMPANYING
ATTACHMENTS AND, TO THE BEST OF MY KNOWLEDGE, THESE DOCUMENTS ARE TRUE, CORRECT
AND COMPLETE. DECLARATION OF PREPARER (OTHER THAN RESPONSIBLE PARTY) IS BASED ON
ALL INFORMATION OF WHICH PREPARER HAS ANY KNOWLEDGE.
RESPONSIBLE PARTY
/s/ Ira Glazer Consultant for Unitel Video
- ------------------------------------- -------------------------------------
SIGNATURE OF RESPONSIBLE PARTY TITLE
Ira Glazer 1/5/00
- ------------------------------------- -------------------------------------
PRINTED NAME OF RESPONSIBLE PARTY DATE
PREPARER:
/s/ Sandra Brethower Accountant
- ------------------------------------- -------------------------------------
SIGNATURE OF PREPARER TITLE
Sandra Brethower 1/5/00
- ------------------------------------- -------------------------------------
PRINTED NAME OF PREPARER DATE
All Chapter 11 debtors must file this report with the Court and
serve a copy on the United States Trustee no later than the 15th day
of the month following the end of the month covered by the report.
<PAGE>
UNITEL VIDEO, INC. NOVEMBER '99 OPERATING REPORT PREPARED 1-5-00
<TABLE>
<CAPTION>
=============================================================================================================
INCOME STATEMENT
========================================
Sep-99 Oct-99 Nov-99
=============================================================================================================
<S> <C> <C> <C>
Revenues $ 2,365,691 $ 2,134,301 $ 1,907,497
- -------------------------------------------------------------------------------------------------------------
=============================================================================================================
Cost of Sales
- -------------------------------------------------------------------------------------------------------------
Rent $ 148,817 $ 151,527 $ 151,096
- -------------------------------------------------------------------------------------------------------------
Payroll $ 354,647 $ 422,958 $ 336,332
- -------------------------------------------------------------------------------------------------------------
Equipment leases $ 35,726 $ 23,144 $ 23,144
- -------------------------------------------------------------------------------------------------------------
Other COGS $ 538,898 $ 641,690 $ 447,481
- -------------------------------------------------------------------------------------------------------------
Total COGS $ 1,078,088 $ 1,239,319 $ 958,053
- -------------------------------------------------------------------------------------------------------------
=============================================================================================================
Operating Expenses
- -------------------------------------------------------------------------------------------------------------
Officer/insider compensation $ 74,173 $ 72,250 $ 54,875
- -------------------------------------------------------------------------------------------------------------
Overhead payroll $ 76,799 $ 52,397 $ 46,904
- -------------------------------------------------------------------------------------------------------------
Insurance $ 6,726 $ 10,216 $ 89,953
- -------------------------------------------------------------------------------------------------------------
Other SG&A $ 84,473 $ 82,651 $ 57,962
- -------------------------------------------------------------------------------------------------------------
Total Operating Expenses $ 242,171 $ 217,514 $ 249,694
- -------------------------------------------------------------------------------------------------------------
=============================================================================================================
Gain on sale of equipment $ 25,000 $ -- $ --
- -------------------------------------------------------------------------------------------------------------
=============================================================================================================
Depreciation & Amortization $ 428,747 $ 428,352 $ 420,715
- -------------------------------------------------------------------------------------------------------------
=============================================================================================================
Interest expense $ 287,112 $ 283,060 $ 277,175
- -------------------------------------------------------------------------------------------------------------
=============================================================================================================
Reorganization expenses
- -------------------------------------------------------------------------------------------------------------
Professional fees (Kaye Scholer, Getzler, Heller, Houlihan-L) $ 252,832 $ 321,233 $ 312,921
- -------------------------------------------------------------------------------------------------------------
U.S. Trustee fees $ 1,000
- -------------------------------------------------------------------------------------------------------------
Total Reorganization Expenses $ 253,832 $ 321,233 $ 312,921
- -------------------------------------------------------------------------------------------------------------
=============================================================================================================
Net Profit (loss) $ 100,741 $ (355,177) $ (311,061)
=============================================================================================================
</TABLE>
Notes:
Officer/insider compensation is payroll only; doesn't include payroll tax;
payroll tax is included in the direct portion
Interest expense includes many equipment leases
<PAGE>
UNITEL VIDEO, INC. NOVEMBER '99 OPERATING REPORT PREPARED 1-5-00
================================================================================
BALANCE SHEET
================================================================================
Cash $ 139,990
Net accounts receivable $ 3,084,153
Prepaid corporate tax & expenses, deferred tax asset $ 504,982
- --------------------------------------------------------------------------------
Total Current Assets $ 3,729,125
- --------------------------------------------------------------------------------
PP&E $ 92,698,129
Accumulated depreciation $ 52,459,270
- --------------------------------------------------------------------------------
Net PP&E $ 40,238,859
- --------------------------------------------------------------------------------
Deferred taxes $ 2,157,058
Other Assets $ 1,985,249
Goodwill $ 1,410,243
================================================================================
Total Assets $ 49,520,534
================================================================================
Prepetition accounts payable $ 7,783,649
Postpetition accounts payable $ 550,004
Accrued expenses $ 3,621,642
Payroll & related expense $ 740,371
Current maturity of secured long-term debt $ 15,866,133
Current maturity of unsecured long-term debt $ 1,048,205
- --------------------------------------------------------------------------------
Total current liabilities $ 29,610,003
- --------------------------------------------------------------------------------
Secured long-term debt $ 19,368,677
Unsecured long-term debt $ 1,279,602
Accrued retirement expense $ 917,276
- --------------------------------------------------------------------------------
Long-term liabilities $ 21,565,555
- --------------------------------------------------------------------------------
Common stock $ 26,755
Add'l paid-in capital $ 27,286,352
Treasury stock $ (7,645,089)
Retained earnings $(20,851,417)
YTD Income/loss $ (471,625)
- --------------------------------------------------------------------------------
Total stockholders' equity $ (1,655,024)
- --------------------------------------------------------------------------------
================================================================================
Total liabilities & stockholders' equity $ 49,520,534
================================================================================
<PAGE>
UNITEL VIDEO, INC. NOVEMBER '99 OPERATING REPORT PREPARED 1-5-00
<TABLE>
<CAPTION>
=========================================================================================================================
CASH RECEIPTS AND November
DISBURSEMENTS Payroll NY Mobile Petty Cash Total
=========================================================================================================================
<S> <C> <C> <C> <C> <C>
1 Cash-Beginning of Month $ 118.00 $ 60,531.00 $ 21,901.00 $ 55,500.00 $ 138,050.00
RECEIPTS
2 Cash Sales $ -- $ --
3 Accounts Receivable Collections $ --
4 Loans & Advances $ -- $ 850,753.00 $ 202,030.00 $ 4,220.00 $1,057,003.00
5 Sale of Assets $ --
6 Lease & Rental Income $ --
7 Wages $ --
8 Other-Transfers between accounts $ 489,924.00 $ (489,924.00) $ (29,813.00) $ 29,813.00 $ --
9 Total Receipts(Total Lines 2-8) $ 489,924.00 $ 360,829.00 $ 172,217.00 $ 34,033.00 $1,057,003.00
DISBURSEMENTS
10 Net Payroll $ 283,415.44 $ (7,693.00) $ 275,722.44
11 Payroll Taxes $ 138,099.00 $ -- $ 138,099.00
12 Sales, Use & Other Taxes Paid $ 10,949.00 $ 10,949.00
13 Inventory Purchases $ -- $ --
14 Mortgage Payments $ -- $ --
15 Other Secured Note Payments $ -- $ --
16 Rental & Lease Payments $ 150,793.00 $ 22,860.00 $ 173,653.00
17 Utilities $ 33,525.00 $ 11,024.00 $ 44,549.00
18 Insurance $ 32,851.00 $ 33,541.00 $ 1,954.00 $ 68,346.00
19 Vehicles Expenses $ -- $ --
20 Travel $ 1,256.00 $ 6,519.00 $ 7,775.00
21 Entertainment $ 232.00 $ 232.00
22 Repairs & Maintenance $ 54,380.00 $ 1,425.00 $ 55,805.00
23 Supplies $ 2,341.00 $ 2,241.00 $ 4,582.00
24 Advertising $ --
25 Household Expenses $ --
26 Charitable Contributions $ --
27 Gifts $ --
28 Other (Attach List) $ 21,515.00 $ 100,867.00 $ 116,943.00 $ 36,025.00 $ 275,350.00
29 Total Lines 10-28 $ 475,880.44 $ 380,191.00 $ 162,966.00 $ 36,025.00 $1,055,062.44
REORGANIZATION EXPENSES
30 Professional Fees $ --
31 U.S. Trustee Fees $ -- $ --
32 Other - Investment Banker Fees $ -- $ --
33 Total Lines 30-32 $ -- $ -- $ -- $ -- $ --
34 Total Disbursements (Line 29-33) $ 475,880.44 $ 380,191.00 $ 162,966.00 $ 36,025.00 $1,055,062.44
35 Net Cash Flow (Line 9- Line 34) $ 14,043.56 $ 19,362.00 $ 9,251.00 $ (1,992.00) $ 1,940.56
36 Cash-End of Month (Line 1 + Line 35) $ 14,161.56 $ 41,169.00 $ 31,152.00 $ 53,508.00 $ 139,990.56
=========================================================================================================================
28 OTHER CASH DISBURSEMENTS
Payroll NY Mobile Petty Cash Total
=========================================================================================================================
Security $ 7,986.00 $ 382.00 $ 8,368.00
Utility Deposits $ 45,863.00 $ 3,200.00 $ 49,063.00
Equipmement Rental $ 10,576.00 $ 12,420.00 $ 22,996.00
Shipping, Postage & Messenger $ 1,483.00 $ 5,430.00 $ 6,913.00
Bank Charges $ 221.00 $ 72.00 $ 293.00
Freelancers $ 7,337.00 $ 6,650.00 $ 13,987.00
401K $ 21,515.00 $ 21,515.00
Perdiems, Airfare, Hotels $ 59,155.00 $ 36,025.00 $ 95,180.00
Equipment R&M, Truck Rentals, Fuel $ 18,464.00 $ 25,640.00 $ 44,104.00
Miscellaneous $ 8,937.00 $ 3,994.00 $ -- $ 12,931.00
Total Other Cash Disbursements $ 21,515.00 $ 100,867.00 $ 116,943.00 $ 36,025.00 $ 275,350.00
=========================================================================================================================
</TABLE>
<PAGE>
UNITEL VIDEO, INC. NOVEMBER '99 OPERATING REPORT PREPARED 1-5-00
===========================================================
UNITEL OPERATING ACCOUNT
===========================================================
Disbursements: Total:
- -------------- ------
#8238 11/1 United States Post Master $ 300.00
11/2 Bank Fees $ 220.68
#8239 11/3 SCS $ 2,750.00
#8240 11/4 LRED $ 7,104.45
#8242 11/4 AD Winston $ 378.60
#8243 11/4 AD Winston $ 2,435.63
#8244 11/4 AJ Ianni $ 230.15
#8245 11/4 ASL $ 1,912.50
#8246 11/4 American Honda $ 553.05
#8247 11/4 Arenson Office Furniture $ 585.64
#8248 11/4 ADP $ 958.80
#8249 11/4 Bell Atlantic $ 1,265.53
#8250 11/4 Bell Atlantic $ 90.24
#8251 11/4 Burns International Security $ 3,877.62
#8252 11/4 Central Parking System $ 175.00
#8253 11/4 Chyron $ 5,170.00
#8254 11/4 Con Edison $ 45,863.00
#8255 11/4 Dover Elevator $ 1,133.41
#8256 11/4 Eastside Communications $ 205.68
#8257 11/4 Educational Broadcasting $ 35,833.33
#8258 11/4 Edward S. Gordon $ 26,250.00
#8259 11/4 Edward S. Gordon $ 26,250.00
#8260 11/4 Edward S. Gordon $ 1,017.55
#8261 11/4 Finance Commissioner $ 300.00
#8262 11/4 MCI $ 3,774.48
#8263 11/4 Quinn & Feiner $ 3,453.18
#8264 11/4 Rapid Parking $ 175.11
#8265 11/4 Scarff Weisburg $ 394.56
#8266 11/4 Viking Office Supplies $ 442.40
#8267 11/5 Rabbit Productions $ 775.00
#8268 11/5 Airborne Express $ 277.32
#8269 11/5 Al Geisler $ 665.07
#8270 11/5 Federal Express $ 35.17
#8271 11/5 John Blake $ 412.50
#8272 11/5 MCI $ 465.95
#8273 11/5 Donald Reynolds $ 362.00
#8274 11/5 SL Green $ 6,109.17
#8237 11/5 AI Credit Corp $ 6,725.94
#8275 11/10 Franchise Tax Board $ 800.00
#8276 11/10 NYS Corporation Tax $ 255.00
#8277 11/12 AD Winston $ 277.39
#8278 11/12 ASL $ 1,481.26
#8279 11/12 Arenson Office Furniture $ 3,031.00
#8280 11/12 Adrienne Shevlo $ 111.71
#8281 11/12 Bavaro Carting $ 1,786.86
#8282 11/12 Bell Atlantic $ 6,275.39
#8283 11/12 Burns $ 3,877.63
#8284 11/12 Ed Levine $ 120.30
#8285 11/12 ES Gordon $ 1,320.65
#8286 11/12 Furst Computer $ 89.50
#8287 11/12 GDS Video $ 8,723.03
#8288 11/12 Gutierrez German $ 25.00
#8289 11/12 LRED $ 7,155.33
#8290 11/12 M Epstein $ 991.25
#8291 11/12 Marty Kammer $ 81.30
#8292 11/12 NYC LIte $ 1,617.50
#8293 11/12 Scharff Weisburg $ 550.50
#8294 11/12 Shield Locksmith $ 229.50
#8295 11/12 Bavaro Carting $ 256.62
#8296 11/12 Bell Atlantic $ 3,356.96
#8297 11/12 Federal Express $ 17.94
#8298 11/12 Hilson Management $ 32,968.02
#8299 11/12 MCI $ 71.29
#8300 11/12 UPS $ 87.23
#8301 11/12 Federal Express $ 73.14
#8302 11/12 John Blake $ 337.50
#8303 11/12 Maximum Value $ 145.06
#8304 11/12 Perfection Blueprint $ 418.50
#8305 11/12 SCS Agency $ 24,065.00
#8306 11/15 Columbus Hardware $ 97.00
#8307 11/15 Con Edison $ 11,469.48
#8308 11/15 Con Edison $ 1,222.65
#8309 11/15 Con Edison $ 2,929.14
#8310 11/15 Time Equities Inc. $ 21,044.30
#8311 11/15 AJ Ianni $ 1,080.25
#8312 11/15 Bavaro Carting $ 1,779.55
#8313 11/15 Bunn Coffee $ 249.83
#8314 11/15 David Goldstein $ 139.19
#8315 11/15 Perfection Blueprint $ 615.14
#8316 11/16 Bunn $ 50.00
#8317 11/16 Dennis Phillips $ 127.58
#8318 11/16 Scott Sevick $ 104.20
#8319 11/16 Clara Bogetti $ 114.00
#8320 11/16 Commercial Claim $ 300.00
#8321 11/18 Federal Express Co $ 331.05
#8322 11/18 John Blake $ 337.50
8323 11/18 Sotis Business Equ $ 191.91
#8324 11/18 Air Sea Land Produ $ 1,856.26
#8325 11/18 Guild Signs Incorp $ 3,680.50
8326 11/18 L.R.E.D. Corporati $ 7,200.79
#8327 11/18 Liman Video Rental $ 1,875.00
#8328 11/18 Liman Video Rental $ 1,980.00
#8329 11/18 NYC Fire Departmen $ 980.00
#8330 11/18 NYC Fire Departmen $ 4,620.00
#8331 11/18 Waterfront Communi $ 2,400.00
#8332 11/18 NYS Sales Tax $ 1,615.53
#8333 11/18 The Rich and Famou $ 725.00
#8334 11/23 A.D. WINSTON $ 2,435.63
#8335 11/23 Air Sea Land Produ $ 1,312.50
#8336 11/23 GDS Video Corp. $ 9,740.88
#8337 11/23 Liman Video Rental $ 495.00
#8338 11/23 Scharff Weisburg, $ 110.00
#8339 11/24 Tuchman, Katz, Schw $ 100.00
#8340 11/24 LRED $ 7,002.69
#8341 11/29 Delaware Secy $ 8,277.62
Total Disbursements $ 388,116.24
Net Payroll $ (7,693.00)
Total Disbursements $ 380,423.24
============================================================
<PAGE>
UNITEL VIDEO, INC. NOVEMBER '99 OPERATING REPORT PREPARED 1-5-00
<TABLE>
<CAPTION>
=====================================================================================================================
MELLON CHECKBOOK RECONCILIATION
=====================================================================================================================
Check Date Payee Purpose Amount
----- ---- ----- ------- ------
<S> <C> <C> <C> <C>
41240 11/02/1999 Leff Electronics COD Equipment Parts $ 770.84
41266 11/02/1999 McMaster Carr COD Equipment Parts $ 19.32
41267 11/02/1999 Audio Affects Equipment $ 480.00
41268 11/03/1999 Tri State Video COD Equipment Parts $ 35.38
41269 11/03/1999 Unitel Mobile-Burbank Petty Cash/Accountable $ 4,274.32
41270 11/04/1999 Paper Products COD Truck Supplies $ 492.48
41271 11/04/1999 PNC Bank Debit Card Account Deposit $ 11,756.00
41281 11/04/1999 Allied Office Products Office Supplies $ 147.55
41282 11/04/1999 Audio Specialists Equipment Rental $ 850.00
41283 11/04/1999 Arrowhead Mountain Water/Coffee $ 55.32
41284 11/04/1999 Wayne Barnhart Office Cleaning $ 180.00
41285 11/04/1999 Charter/ABS Equipment Rental $ 1,195.00
41286 11/04/1999 Cleveland Indians Stadium Fees $ 1,750.00
41287 11/04/1999 Cody Cleaning Service Burbank Cleaning $ 550.00
41288 11/04/1999 Don Cunningham Freelance $ 1,050.00
41289 11/04/1999 Duke City Equipment Rental $ 275.00
41290 11/04/1999 Federal Express Shipping $ 83.45
41291 11/04/1999 Joe Heck Reimb Expenses $ 318.48
41292 11/04/1999 Lineman Video Rental Equipment Rental $ 900.00
41293 11/04/1999 LA County Fire Department Annual Fee $ 108.00
41294 11/04/1999 MCI Telephone $ 2,539.92
41295 11/04/1999 Luis Mendoza Office Cleaning $ 135.00
41296 11/04/1999 Maggie Milton Reimb Expenses $ 52.64
41297 11/04/1999 Bob Murrell Freelance Driver $ 600.00
41298 11/04/1999 Pagenet Pagers $ 383.75
41299 11/04/1999 Prime Matrix Cell Phones $ 103.51
41300 11/04/1999 Rollins Tractor Leases $ 1,325.58
41301 11/04/1999 Ryder Tractor Leases $ 1,966.15
41302 11/04/1999 SOS Global Express Shipping $ 1,802.85
41303 11/04/1999 Telecast Fiber Systems Equipment Rental $ 80.75
41304 11/04/1999 Textron Financial Gasoline charges $ 149.91
41305 11/04/1999 Travel Technology Airline Tickets $ 10,000.00
41306 11/04/1999 Western Security Burbank Office Monitoring $ 260.00
41307 11/04/1999 Worldcom Telephone $ 3,393.06
41272 11/08/1999 Pitney Bowes Maint Agree 9/2-11/30 $ 640.72
11/09/1999 Wire Transfer Fees $ 12.00
41273 11/10/1999 Unitel Mobile - Pgh Petty Cash/Accountable $ 5,000.00
41274 11/10/1999 PNC Bank Debit Card Account Deposit $ 7,989.00
41275 11/09/1999 Fontastics CIA Equipment Rental $ 600.00
41276 11/10/1999 McMaster Carr COD Equipment Parts $ 139.17
41277 11/10/1999 TW Smith CIA Nitrogen Tank $ 37.89
41278 11/11/1999 Paper Products COD Truck Supplies $ 99.36
41321 11/11/1999 Anton Bauer Parts $ 38.98
41322 11/11/1999 Bexel Equipment Rental $ 550.00
41323 11/11/1999 Wayne Barnhart Office Cleaning $ 180.00
41324 11/11/1999 Commonwealth of Penna Turnpike Tolls $ 198.00
41325 11/11/1999 Chem Dry Carpet/Furniture Cleaning Trucks $ 563.00
41326 11/11/1999 Express One Shipping $ 250.95
41327 11/11/1999 Federal Express Shipping $ 10.45
41328 11/11/1999 IBEW Union Dues $ 707.22
41329 11/11/1999 Beth Kaniuff Reimb Expenses $ 272.45
41330 11/11/1999 Bob Murrell Freelance Driver $ 750.00
41331 11/11/1999 NMAC Hayes Auto $ 796.38
41332 11/11/1999 Orkin Exterminator $ 47.50
41333 11/11/1999 Pitney Bowes Postage Meter Fee 6 months $ 97.26
41334 11/11/1999 Plus 8 Equipment Rental $ 490.00
41335 11/11/1999 Praxair Distribution Parts $ 39.50
41336 11/11/1999 Rollins Tractor Rentals $ 1,019.25
41337 11/11/1999 Ryder Tractor Rentals $ 2,771.27
41338 11/11/1999 Skytel Pagers $ 854.31
41339 11/11/1999 Travel Technology Airline Tickets $ 10,000.00
41279 11/11/1999 Unitel Mobile-Burbank Petty Cash/Accountable $ 8,838.77
41280 11/12/1999 SOS Global Express Shipping $ 316.25
41308 11/12/1999 Fontastics CIA Infinit Rental $ 750.00
41309 11/12/1999 Burbank PSD Security Deposit $ 3,200.00
11/15/1999 Wire Transfer Fees $ 12.00
41310 11/17/1999 Unitel Mobile-Pgh Petty Cash/Accountable $ 3,215.00
41311 11/17/1999 PNC Bank Debit Card Account Deposit $ 6,950.00
41312 11/16/1999 Sony Tape Stock for WNET $ 1,270.60
41313 11/18/1999 Travel Technology Airfares $ 10,000.00
41314 11/19/1999 Charlie Finney Reimburse Expense Report $ 43.28
41315 11/19/1999 Shawnee Timberlake Mayer Reimburse Phone Expenses $ 90.61
41316 11/19/1999 Luis Mendoza Office Cleaning $ 135.00
41317 11/19/1999 Maggie Milton Reimburse Phone Expenses $ 323.46
41318 11/19/1999 Robert Murrell Freelance Driver $ 600.00
41319 11/19/1999 Gridley Quihuis Reimb expenses Ryder Cup $ 19.79
41320 11/19/1999 Michael Will Freelance Driver $ 1,000.00
41340 11/19/1999 SOS Global Express Shipping $ 1,156.30
41341 11/19/1999 Ryder Tractors/Fuel $ 1,937.45
41342 11/19/1999 AT&T Phones $ 118.90
41343 11/19/1999 AT&T Phones $ 182.77
41344 11/19/1999 Bell Atlantic Phones $ 3,093.58
41345 11/19/1999 Bexel Rental $ 652.16
41346 11/19/1999 Blue Cross of CA Health Ins $ 1,954.00
41347 11/19/1999 Crystal Springs Water/Coffee $ 184.10
41348 11/19/1999 Federal Express Shipping $ 34.90
41349 11/19/1999 Safemasters Keys/Pgh $ 121.98
41350 11/19/1999 Metrocall Phones $ 84.29
41351 11/19/1999 Pacific Bell Phones $ 24.83
41352 11/19/1999 Penna Turnpike Commission Tolls $ 611.25
41353 11/19/1999 PBCC Lease for Copier $ 649.49
41354 11/19/1999 TW Smith Hydrogen Tank $ 8.61
41355 11/19/1999 UPS Shipping $ 378.10
41356 11/19/1999 Xerox Repair Old Copier from NY $ 208.00
41357 11/19/1999 Rollins Tractor Leases $ 6,284.56
11/19/1999 Wire Transfer Fees $ 12.00
41358 11/22/1999 Unitel Mobile - Pgh Petty Cash/Accountable $ 7,565.00
41359 11/22/1999 Unitel Mobile - PNC Bank Debit Card Account Deposit $ 3,118.00
41360 11/22/1999 Kevin Nicholson Adv to replace personal items lost in LT2 Fire $ 1,000.00
41361 11/22/1999 Unitel Mobile - Burbank Reimburse Petty Cash $ 261.91
41362 11/23/1999 Leff Electronics COD Equipment Parts $ 88.20
41363 11/24/1999 Bexel Equipment Rental $ 560.00
41364 11/24/1999 Bruce Plastics Dec99 Rent Pgh $ 8,860.00
41365 11/24/1999 Business Fit Substance Abuse Testing $ 80.00
41366 11/24/1999 Yellott Canby Freelance Driver $ 1,600.00
41367 11/24/1999 Charter/ABS Equipment Rental $ 2,950.00
41368 11/24/1999 Federal Express Shipping $ 38.94
41369 11/24/1999 GAB, Inc Dec99 Rent Burbank $ 14,000.00
41370 11/24/1999 Beth Kaniuff Reimburse Expense Report $ 21.95
41371 11/24/1999 Luis Mendoza Office Cleaning $ 90.00
41372 11/24/1999 Maggie Milton Reimburse Expense Report $ 109.20
41373 11/24/1999 Bob Murrell Freelance Driver $ 1,050.00
41374 11/24/1999 Newark Electronics Parts $ 24.44
41375 11/24/1999 OAG Flight Guide $ 102.72
41376 11/24/1999 Pitney Bowes Burbank Copier $ 317.17
41377 11/24/1999 Pacific Bell Burbank Phone $ 245.82
41378 11/24/1999 Rollins Tractor Rentals $ 2,206.58
41379 11/24/1999 Route 60 Repairs to Tan and Red $ 834.92
41380 11/24/1999 Soundtronics Wireless Equipment Rental $ 337.50
41381 11/24/1999 Ryder Fuel Charges $ 2,709.33
41382 11/24/1999 Rollins Fuel Charges $ 1,828.48
41383 11/24/1999 Kevin Hayes Reimburse Expense Reports $ 4,780.25
41384 11/24/1999 SOS Global Express Shipping $ 1,262.30
11/24/1999 Wire Transfer Fees $ 12.00
11/30/1999 Bank Charges for 11/99 $ 24.00
------------
Total Disbursements November 1999 $ 192,779.66
------------
Transfers $ (29,813.00)
------------
Total Disbursements $ 162,966.66
------------
=====================================================================================================================
</TABLE>
<PAGE>
UNITEL VIDEO, INC. NOVEMBER '99 OPERATING REPORT PREPARED 1-5-00
<TABLE>
<CAPTION>
=================================================================================================================================
- ---------------------------------------------------------------------------------------------------------------------------------
Closed
BANK RECONCILIATIONS Account #1 Account #2 Account #3 Account #4
- ---------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
A BANK: Fleet Fleet Mellon Fleet
B ACCOUNT NUMBER: 9417-544821 9415-859803 038-5545 9417-549227
C PURPOSE (TYPE) Payroll A/P A/P Petty Cash
1 Balance per Bank Statement $27,685 $76,588 $68,828 $0
2 Total Deposits Not Credited
3 Outstanding Checks $12,172 $35,419 $37,676
4 +/- Other reconciling items (Attach List) -$1,351 $0 $0
5 Month end balance per books $14,162 $41,169 $31,152 $0
6 Number of last check written $1,536 $8,341 $41,384
<CAPTION>
- ---------------------------------------------------------------------------------------------------------------------------------
Closed Closed
BANK RECONCILIATIONS Account #5 Account #6 Account #7 Account #8 Account #9
- ---------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
A BANK: Wells Fargo Wells Fargo Union BOC PNC Bank
B ACCOUNT NUMBER: 4159-405224 0290-519198 Imprest 0720089084 10-0959-6087
C PURPOSE (TYPE) Payroll A/P Petty Cash A/P A/P
1 Balance per Bank Statement $0 $0 $0 $13,071 $25,009
2 Total Deposits Not Credited $0 $0 $0 $0 $3,118
3 Outstanding Checks $0 $5,120
4 +/- Other reconciling items (Attach List) $15,000 $1,929 $0
5 Month end balance per books $0 $0 $15,000 $15,000 $23,008
6 Number of last check written
11 INVESTMENT ACCOUNTS - NONE
12 CURRENCY ON HAND $500
13 TOTAL CASH-END OF MONTH $139,990
=================================================================================================================================
</TABLE>
<PAGE>
UNITEL VIDEO, INC. NOVEMBER '99 OPERATING REPORT PREPARED 1-5-00
================================================================================
FLEET PAYROLL BANK RECONCILIATION
================================================================================
BALANCE PER BANK 11/30/99 27685.27
LESS O/S CHECKS 12172.28
15512.99
CK # 6148 CLEARED 11/99 UPDATED 12/99 1129.14
ADJUSTED BANK BALANCE 16642.13
BOOK BALANCE 11/30/99 14161.76
DIFFERENCE 2480.37
OUTSTANDING CHECK LIST:
CK # Amount
1079 $ 571.97
1141 $ 1,305.76
1346 $ 483.71
1413 $ 637.73
1446 $ 466.57
1461 $ 249.32
1472 $ 1,355.70
6149 $ 324.00
1495 $ 482.64
1511 $ 927.23
1513 $ 764.65
1515 $ 1,088.29
1518 $ 1,062.89
1519 $ 285.03
1521 $ 1,018.44
1522 $ 917.13
1530 $ 231.22
Total $ 12,172.28
================================================================================
<PAGE>
UNITEL VIDEO, INC. NOVEMBER '99 OPERATING REPORT PREPARED 1-5-00
================================================================================
ACCOUNTS RECEIVABLE AGING
================================================================================
0-30 days old $2,149,981
31-60 days old $ 174,842
61-90 days old $ 798,696
91+ days old $ 140,350
TOTAL ACCOUNTS RECEIVABLE $3,263,869
AMOUNT CONSIDERED UNCOLLECTIBLE $ 27,566
ACCOUNTS RECEIVABLE (NET) $3,236,303
================================================================================
======================================
AGING OF POSTPETITION ACCOUNTS PAYABLE
==========================================================================
0-30 DAYS 31-60 DAYS 61-90 DAYS 91+ DAYS TOTAL
==========================================================================
ACCOUNTS PAYABLE $253,341 $121,686 $174,929 $48 $550,004
==========================================================================
<TABLE>
<CAPTION>
===========================================================================================================================
STATUS OF POSTPETITION TAXES
===========================================================================================================================
AMOUNT
BEGINNING WITHHELD/ ENDING TAX DELINQUENT
TAX LIABILITY ACCRUED AMOUNT PAID LIABILITY TAXES
===========================================================================================================================
<S> <C> <C> <C> <C> <C>
FEDERAL
===========================================================================================================================
Withholding $ 73,464 $ 73,464 $ --
FICA - Employee $ 20,655 $ 20,655 $ --
FICA - Employer $ 20,654 $ 20,654 $ --
Unemployment $ 108 $ 108 $ --
Income
Other
===========================================================================================================================
Total Federal Taxes $ 114,881 $ 114,881 $ --
===========================================================================================================================
STATE & LOCAL
===========================================================================================================================
Withholding $ 20,699 $ 20,699 $ --
Sales $ 1,615 $ 76 $ 1,616 $ 76
Excise
Unemployment $ 1,113 $ 1,113 $ --
Real Property $ 129,874 $ 17,199 $ 17,199 $ 129,874
Personal Property
Other - (mainly to Deleware Sec. Of State) $ 8,278 $ 8,278 $ --
===========================================================================================================================
TOTAL STATE AND LOCAL $ 47,365 $ 48,904 $ 129,950
===========================================================================================================================
TOTAL TAXES $ 162,246 $ 163,786 $ 129,950
===========================================================================================================================
</TABLE>
========================================================================
PAYMENTS TO INSIDERS AND PROFESSIONALS
========================================================================
========================================================================
INSIDERS
========================================================================
Type of Cumulative
NAME Position Payment Amount Paid Unpaid Balance
- ------------------------------------------------------------------------
Al Geisler Board Member T&E $ 665.07
- ------------------------------------------------------------------------
Barry Knepper CEO Salary $ 4,240.38
- ------------------------------------------------------------------------
- ------------------------------------------------------------------------
TOTAL PAYMENTS TO INSIDERS $ 4,905.45
========================================================================
<PAGE>
UNITEL VIDEO, INC. NOVEMBER '99 OPERATING REPORT PREPARED 1-5-00
================================================================================
PROFESSIONALS
================================================================================
Date of
Court Order
Type of Authorizing Amount Amount Date of
NAME Professional Payment Approved Paid Payment
================================================================================
Houlihan Lokey Investment Bank $75,000.00 Oct-99
================================================================================
================================================================================
ADEQUATE PROTECTION PAYMENTS
================================================================================
SCHEDULED MONTHLY AMOUNTS PAID TOTAL UNPAID
NAME OF CREDITOR PAYMENTS DUE DURING MONTH POSTPETITION
- --------------------------------------------------------------------------------
Bear Stearns - mortgage $111,000 $111,000
- --------------------------------------------------------------------------------
Heller - term loan $100,000 $100,000
================================================================================
<TABLE>
<CAPTION>
=========================================================================================================================
QUESTIONNAIRE
YES NO
=========================================================================================================================
<S> <C> <C>
1. Have any assets been sold or transferred outside the normal course of business this reporting period? X
- -------------------------------------------------------------------------------------------------------------------------
2. Have any funds been disbursed from any account other than a debtor in possession account? X
- -------------------------------------------------------------------------------------------------------------------------
3. Are any postpetition receivables (accounts, notes or loans) due from related parties? X
- -------------------------------------------------------------------------------------------------------------------------
4. Have any payments been made on prepetition liabilities this reporting period? X
- -------------------------------------------------------------------------------------------------------------------------
5. Have any postpetition loans been received by the debtor from any party? X
- -------------------------------------------------------------------------------------------------------------------------
6. Are any postpetition payroll taxes past due? X
- -------------------------------------------------------------------------------------------------------------------------
7. Are any postpetition state or federal income taxes past due? X
- -------------------------------------------------------------------------------------------------------------------------
8. Are any postpetition real estate taxes past due? X
- -------------------------------------------------------------------------------------------------------------------------
9. Are any other postpetition taxes past due? X
- -------------------------------------------------------------------------------------------------------------------------
10. Are any amounts owed to postpetition creditors past due? X
- -------------------------------------------------------------------------------------------------------------------------
11. Have any prepetition taxes been paid during the reporting period? X
- -------------------------------------------------------------------------------------------------------------------------
12. Are any wage payments past due? X
=========================================================================================================================
<CAPTION>
=========================================================================================================================
INSURANCE YES NO
=========================================================================================================================
<S> <C> <C>
1. Are worker's compensation, general liability and other necessary insurance coverages in effect? X
- -------------------------------------------------------------------------------------------------------------------------
2. Are all premium payments paid current? X
- -------------------------------------------------------------------------------------------------------------------------
3. Please itemize policies below
=========================================================================================================================
</TABLE>
<PAGE>
UNITEL VIDEO, INC. NOVEMBER '99 OPERATING REPORT PREPARED 1-5-00
<TABLE>
<CAPTION>
================================================================================
INSURANCE POLICIES
================================================================================
TYPE OF INSURANCE BROKER PAYMENT
- --------------------------------------------------------------------------------
<S> <C> <C>
Directors & Officers ARC Excess & Surplus, LLC - $6,725 monthly through
Liability; Misc. financing through AI Credit 3/00; expires 6/00
Professional Liability;
Pension Trust Fiduciary
Liability
- --------------------------------------------------------------------------------
Property Policy FM Global -- financing Down payment -- $34,449;
through AFCO 7 installments of
$11,849
- --------------------------------------------------------------------------------
General liability; auto SCS Agency 9 payments of $10,113
disability; mobile commencing 12-3-99;
liability; foreign disability through 10/00
liability; DICE; workers'
comp & two umbrella
liability policies
- --------------------------------------------------------------------------------
Travel accident HG Enterprises Renewed through 11/00
================================================================================
</TABLE>
<TABLE>
<CAPTION>
=========================================================================================
PERSONNEL
=========================================================================================
FULL TIME PART TIME
- -----------------------------------------------------------------------------------------
<S> <C> <C>
1. Total number of employees at beginning of period 67 36
- -----------------------------------------------------------------------------------------
2. Number of employees hired during the period 0 15
- -----------------------------------------------------------------------------------------
3. Number of employees terminated or resigned during the period 8 3
- -----------------------------------------------------------------------------------------
4. Total number of employees on payroll at end of period 59 33
=========================================================================================
</TABLE>
===========================================================================
CHANGE OF ADDRESS
===========================================================================
Mailing address has not changed
================================================================================
<PAGE>
UNITEL VIDEO, INC. NOVEMBER '99 OPERATING REPORT PREPARED 1-5-00
=========================================================
FLEET OPERATING BANK RECONCILIATION
=========================================================
BALANCE PER BANK 11/30/99 $ 76,587.54
LESS O/S CHECKS $ 35,418.90
ADJUSTED BANK BALANCE $ 41,168.64
BOOK BALANCE 11/30/99 $ 41,168.55
DIFFERENCE $ 0.09
Oustanding Check List:
Ck # Amount
8318 $ 104.20
8317 $ 127.58
8132 $ 8,741.22
8191 $ 9.00
8206 $ 474.00
8279 $ 3,031.00
8297 $ 17.94
8313 $ 249.83
8316 $ 50.00
8320 $ 300.00
8322 $ 337.50
8334 $ 2,435.63
8335 $ 1,312.50
8336 $ 9,740.88
8338 $ 110.00
8339 $ 100.00
8341 $ 8,277.62
Total $35,418.90
=========================================================
<PAGE>
UNITEL VIDEO, INC. NOVEMBER '99 OPERATING REPORT PREPARED 1-5-00
=========================================================
MELLON OPERATING BANK RECONCILIATION
=========================================================
BALANCE PER BANK 11/30/99 $ 68,828.03
LESS O/S CHECKS $ 37,676.25
BOOK BALANCE 11/30/99 $ 31,151.78
Ck # Amount
39264 $ 2,105.00
39329 $ 251.32
39654 $ 105.60
40597 $ 1,199.70
41228 $ 250.04
41291 $ 318.48
41272 $ 640.72
41314 $ 43.28
41319 $ 19.79
41342 $ 118.90
41350 $ 84.29
41353 $ 649.49
41354 $ 8.61
41360 $ 1,000.00
41361 $ 261.91
41363 $ 560.00
41365 $ 80.00
41367 $ 2,950.00
41368 $ 38.94
41369 $14,000.00
41373 $ 1,050.00
41374 $ 24.44
41375 $ 102.72
41376 $ 317.17
41377 $ 245.82
41378 $ 2,206.58
41379 $ 834.92
41380 $ 337.50
41382 $ 1,828.48
41383 $ 4,780.25
41384 $ 1,262.30
Total $37,676.25
=========================================================
<PAGE>
================================================================================
PETTY CASH RECONCILIATION -- PITTSBURGH
================================================================================
Reimbursement
Miscellaneous
Per Diem 3000.7240.0060 $ --
3316116.7240.0060 $ 235.00
3316118.7240.0060 $ 250.00
316111.7240.0060 $ 1,525.00
3316092.7240.0060 $ 320.00
$ 2,330.00
Accountable Log
Blachly 3000.1510.0030 $ (100.00)
Dahlstrom 3000.1510.0030 $ (200.00)
J Will 3000.1510.0030 $(4,810.15)
Lewis 3000.1510.0030 $(2,780.15)
Peggs 3000.1510.0030 $ (100.00)
Peggs 3000.1510.0030 $ (50.00)
Peggs 3000.1510.0030 $ 100.00
Will 3000.1510.0030 $ 100.00
Jones 3000.1510.0030 $ 500.00
Barry 3000.1510.0030 $ 500.00
Stutzman 3000.1510.0030 $ 200.00
Heck 3000.1510.0030 $ 100.00
Blachly 3000.1510.0030 $ 100.00
Milton 3000.1510.0030 $ 500.00
M Will 3000.1510.0030 $ 1,500.00
Lewis 3000.1510.0030 $ 1,500.00
Samler 3000.1510.0030 $ 1,500.00
Murrell 3000.1510.0030 $ 750.00
Bielich 3000.1510.0030 $ 750.00
Nicholson 3000.1510.0030 $ 150.00
Kubit 3000.1510.0030 $(1,000.00)
Kubit 3000.1510.0030 $ (100.00)
$ (890.30)
Expense Reports J will $ 4,810.15
Lewis $ 2,780.15
Peggs $ 77.25
Kubit $ 869.36
$ 8,536.91
Total Reimbursement $ 9,976.61
Cash on Hand
Cash $ 2,786.27
Total Cash on Hand $ 2,786.27
Past Reimbursement Due to Petty Cash $ 2,237.12
Total to Balance $15,000.00
================================================================================
<PAGE>
================================================================================
PETTY CASH RECONCILIATION -- BURBANK
================================================================================
Reimbursement
Miscellaneous
Page 1 Checks $ --
Page 2 Cash Receipts $ 285.38
Page 3 Per Diem $ 280.00
Crispin 313539.7240.0060 $ 250.00
$ 815.38
Accountable Log
Crispin 3000.1510.0030 $ (250.00)
Finney 3000.1510.0030 $ (200.00)
Geren 3000.1510.0030 $ (300.00)
Gray 3000.1510.0030 $ (200.00)
Martz 3000.1510.0030 $ (50.00)
Nicholson 3000.1510.0030 $ (200.00)
Nicholson 3000.1510.0030 $ (200.00)
$(1,400.00)
Expense Reports Nicholson $ 200.00
$ 200.00
Total Reimbursement $ (384.62)
Cash on Hand
Cash $ 1,683.13
Checkbook $10,251.49
Total Cash on Hand $11,934.62
Past Reimbursement Due to Petty Cash $ --
Outstanding Advances
Kendall $ 1,500.00
UNITEL VIDEO, INC. NOVEMBER '99 OPERATING REPORT PREPARED 1-5-00
Geren $ 300.00
Martz $ 50.00
Nicholson $ 200.00
Finney $ 200.00
Gray $ 200.00
Hayes $ 1,000.00
$ 3,450.00
Total to Balance $15,000.00
<PAGE>
[LOGO] Fleet Bank
STATEMENT OF ACCOUNTS PAGE 1 OF 4
9417-544821
STATEMENT DATE
11/30/99
Questions?
Call our Business
116 D Banking Center at
1-800-PARTNER
(1-800-727-8637)
Cash Reserve Payment
UNITEL VIDEO, INC -----------------------
PAYROLL CY
555 WEST 57TH STREET -----------------------
SUITE 1240 Please remit to:
NEW YORK NY 10019 FLEET BANK
69 ENCLOSED ITEMS Cash Reserve
PO Box 150456
Hartford, CT. 06115-0456
detach
<TABLE>
<CAPTION>
===============================================================================================================
BEGINNING DEPOSITS, OTHER CHECKS, WITHDRAWALS, INTEREST ACCOUNT ACTIVITY ENDING
CHECKING BALANCE CREDITS OTHER DEBITS PAID & OTHER FEES BALANCE
- ---------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
9417-544821 58216.48 489924.04 520455.25 .00 .00 27685.27
- ---------------------------------------------------------------------------------------------------------------
</TABLE>
ACCOUNT NO. 9417-544821 COMMERCIAL CHECKING PERIOD 10/30/99 THROUGH 11/30/99
BUSINESS BANKING CENTER ACCESS CODE 0571
- --------------------------------------------------------------------------------
- DEBITS AND CREDITS -
- --------------------------------------------------------------------------------
DATE DEBITS (-) CREDITS (+) DESCRIPTION
11-01 12,900.65 WIRE INTERNAL BOOK TRANS CR
11/01/99 006435
9999991101006435
1999110101357NTR
UNITEL VIDEO INC
11-04 221,388.00 TR FROM 9415859803
11-04 67,056.73 PREAUTHORIZED DDA DEBIT
ADP TX/FINCL ADP - TAX
991104 94K1H 110544A01
UNITEL VIDEO INC
019993085144521 CCD
11-04 703.31 PREAUTHORIZED DDA DEBIT
ADP TX/FINCL ADP - TAX
991104 94K1H 110544B02
UNITEL VIDEO INC
019993085144088 CCD
11-05 121,064.01 PREAUTHORIZED DDA DEBIT
AUTOMATIC DA PAYROLL
442034 K1HA01231713238
UNITEL VIDEO INC
019993074777213 PPD
11-18 69,636.26 WIRE INTERNAL BOOK TRANS CR
11/18/99 004890
9999991118004890
1999111801075NTR
UNITEL VIDEO INC
- --------------------------------------------------------------------------------
Notice: See reverse side for important information.
<PAGE>
[LOGO] Fleet Bank
STATEMENT OF ACCOUNTS PAGE 2 OF 4
9417-544821
STATEMENT DATE
11/30/99
Questions?
Call our Business
116 Banking Center at
1-800-PARTNER
(1-800-727-8637)
Cash Reserve Payment
UNITEL VIDEO, INC -----------------------
PAYROLL CY
555 WEST 57TH STREET -----------------------
SUITE 1240 Please remit to:
NEW YORK NY 10019 FLEET BANK
Cash Reserve
PO Box 150456
Hartford, CT. 06115-0456
detach
================================================================================
ACCOUNT NO. 9417-544821 CONTINUED PERIOD 10/30/99 THROUGH 11/30/99
- --------------------------------------------------------------------------------
- DEBITS AND CREDITS -
- --------------------------------------------------------------------------------
DATE DEBITS (-) CREDITS (+) DESCRIPTION
11-18 69,636.26 PREAUTHORIZED DDA DEBIT
ADP TX/FINCL ADP - TAX
991118 94K1H 111946A01
UNITEL VIDEO INC
019993227636989 CCD
11-18 703.31 PREAUTHORIZED DDA DEBIT
ADP TX/FINCL ADP - TAX
991118 94K1H 111946B02
UNITEL VIDEO INC
019993227636524 CCD
11-19 185,999.13 WIRE INTERNAL BOOK TRANS CR
11/19/99 000978
9999991119000978
1999111900094NTR
UNITEL VIDEO INC
11-19 115,438.79 PREAUTHORIZED DDA DEBIT
AUTOMATIC DA PAYROLL
462050 K1HA01231713238
UNITEL VIDEO INC
019993217309740 PPD
- --------------------------------------------------------------------------------
Notice: See reverse side for important information.
<PAGE>
[LOGO] Fleet Bank
STATEMENT OF ACCOUNTS PAGE 3 OF 4
9417-544821
STATEMENT DATE
11/30/99
Questions?
Call our Business
116 Banking Center at
1-800-PARTNER
(1-800-727-8637)
Cash Reserve Payment
UNITEL VIDEO, INC -----------------------
PAYROLL CY
555 WEST 57TH STREET -----------------------
SUITE 1240 Please remit to:
NEW YORK NY 10019 FLEET BANK
69 ENCLOSED ITEMS Cash Reserve
PO Box 150456
Hartford, CT. 06115-0456
detach
================================================================================
ACCOUNT NO. 9417-544821 CONTINUED PERIOD 10/30/99 THROUGH 11/30/99
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------
- CHECKS POSTED - - CHECKS POSTED - - CHECKS POSTED -
- ------------------------------------------------------------------------------------------------------
DATE CHECK NO. AMOUNT DATE CHECK NO. AMOUNT DATE CHECK NO. AMOUNT
<S> <C> <C> <C> <C> <C> <C> <C> <C>
11-01 1465 1,355.69 11-16 1499 855.53 11-24 1529 864.10
11-09 1466 608.32 11-10 1500 510.74 11-26 1531* 1,432.20
11-16 1468* 1,316.27 11-19 1501 294.30 11-26 1532 210.38
11-02 1470* 563.36 11-08 1502 1,795.14 11-26 1533 254.69
11-02 1471 1,302.15 11-23 1503 840.73 11-29 1534 294.31
11-01 1479* 344.13 11-22 1504 1,852.34 11-29 1535 870.51
11-08 1481* 1,852.34 11-24 1505 556.26 11-22 1536 1,174.91
11-09 1482 556.27 11-22 1506 681.82 11-02 6137* 29,518.20
11-08 1483 631.07 11-23 1507 1,042.05 11-02 6138 1,622.99
11-08 1484 976.64 11-30 1508 1,155.33 11-08 6139 4,118.02
11-09 1485 799.82 11-23 1509 890.15 11-03 6140 1,062.42
11-10 1486 633.84 11-23 1510 903.33 11-02 6141 5,063.34
11-10 1487 623.03 11-26 1512* 872.91 11-08 6142 3,670.15
11-15 1488 405.90 11-30 1514* 1,294.67 11-08 6143 11,6O2.77
11-09 1489 911.66 11-24 1516* 739.98 11-09 6144 4,317.83
11-12 1490 653.78 11-30 1517 462.45 11-10 6145 2,940.60
11-09 1491 231.22 11-26 1520* 295.29 11-09 6146 1,991.84
11-24 1492 641.97 11-30 1523* 943.27 11-22 6147 746.92
11-10 1493 529.83 11-30 1524 613.31 11-23 6148 1,129.14
11-12 1494 611.94 11-23 1525 287.62 11-23 6150* 9,912.15
11-09 1496* 766.03 11-26 1526 1,256.59 11-24 6151 1,399.51
11-10 1497 201.85 11-24 1527 219.66 11-30 6152 562.65
11-12 1498 511.37 11-24 1528 201.86 11-24 6153 25,499.40
</TABLE>
* DENOTES SEQUENCE BREAK
- --------------------------------------------------------------------------------
- DAILY BALANCE SUMMARY -
- --------------------------------------------------------------------------------
DATE BALANCE DATE BALANCE DATE BALANCE
11-01 69,417.31 11-08 38,202.67 11-16 18,225.00
11-02 31,347.27 11-09 28,019.68 11-18 17,521.69
11-03 30,284.85 11-10 22,579.79 11-19 87,787.73
11-04 183,912.81 11-12 20,802.70 11-22 83,331.74
11-05 62,848.80 11-15 20,396.80 11-23 68,326.57
- --------------------------------------------------------------------------------
Notice: See reverse side for important information.
<PAGE>
[LOGO] Fleet Bank
STATEMENT OF ACCOUNTS PAGE 4 OF 4
9417-544821
STATEMENT DATE
11/30/99
Questions?
Call our Business
116 Banking Center at
1-800-PARTNER
(1-800-727-8637)
Cash Reserve Payment
UNITEL VIDEO, INC -----------------------
PAYROLL CY
555 WEST 57TH STREET -----------------------
SUITE 1240 Please remit to:
NEW YORK NY 10019 FLEET BANK
Cash Reserve
PO Box 150456
Hartford, CT. 06115-0456
detach
================================================================================
ACCOUNT NO. 9417-544821 CONTINUED PERIOD 10/30/99 THROUGH 11/30/99
- --------------------------------------------------------------------------------
- DAILY BALANCE SUMMARY -
- --------------------------------------------------------------------------------
DATE BALANCE DATE BALANCE DATE BALANCE
11-24 38,203.83 11-29 32,716.95 11-30 27,685.27
11-26 33,881.77
- --------------------------------------------------------------------------------
Notice: See reverse side for important information.
<PAGE>
[LOGO] Mellon Bank
Business Checking
MELLON BANK NA
WESTERN REGION
CRAFTON-INGRAM SHOPPING CTR
800-527-1800
UNITEL MOBILE VIDEO A DIV OF 100
UNITEL VIDEO INC 95
4100 STEUBENVILLE PIKE
PITTSBURGH PA 15205-9643
PAGE: 1
ACCOUNT NUMBER: 038-5545
STATEMENT FROM: OCT 29, 1999
TO: NOV 30, 1999
0 BZ 153
================================================================================
Account Summary
================================================================================
ACTIVITY ITEMS DOLLAR SUBTOTALS DOLLAR TOTALS
OPENING BALANCE 101,432.10
DEPOSITS 0 .00
WIRE TRANSFER CREDITS 4 202,030.00
OTHER CREDITS 0 .00
TOTAL CREDITS 4 202,030.00
CHECKS PAID 153 234,562.07
SERVICE CHARGES 1 24.00
OTHER DEBITS 4 48.00
TOTAL DEBITS 158 234,634.07
CLOSING BALANCE 68,828.03
================================================================================
Daily Transactions
<TABLE>
<CAPTION>
====================================================================================================
DATE TRANSACTION DESCRIPTION CHECKS/DEBITS DEPOSITS/CREDITS
- ----------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
10-29 CLOSING BALANCE PREVIOUS STATEMENT ............................ 101,432.10
11-01 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 14,501.44
DAILY BALANCE........................ 86,930.64
11-02 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 27,655.85
DAILY BALANCE........................ 59,274.79
11-03 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 17,024.97
DAILY BALANCE........................ 42,249.82
11-04 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 1,858.59
DAILY BALANCE........................ 40,391.23
11-05 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 15,277.21
DAILY BALANCE........................ 25,114.02
11-08 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 18,148.00
DAILY BALANCE........................ 6,966.02
11-09 WIRE TRANSFER CREDIT ............................................................. 56,649.00
</TABLE>
<PAGE>
[LOGO] Mellon Bank
UNITEL MOBILE VIDEO A DIV OF PAGE: 2
UNITEL VIDEO INC ACCOUNT NUMBER: 038-5545
STATEMENT TO: NOV 30, 1999
================================================================================
Daily Transactions
<TABLE>
<CAPTION>
====================================================================================================
DATE TRANSACTION DESCRIPTION CHECKS/DEBITS DEPOSITS/CREDITS
- ----------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
11-09 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 6,209.73
WIRE XFER SERVICE 1 ITEM(S) 12.00
DAILY BALANCE ...................... 57,393.29
11-10 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 11,791.81
DAILY BALANCE ...................... 45,601.48
11-12 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 9,696.75
DAILY BALANCE ...................... 35,904.73
11-15 WIRE TRANSFER CREDIT ............................................................. 37,500.00
CHECK(S) PAID (SEE CHECK DETAIL SECTION) 23,262.17
WIRE XFER SERVICE 1 ITEM(S) 12.00
DAILY BALANCE ...................... 50,130.56
11-16 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 11,887.72
DAILY BALANCE ...................... 38,242.84
11-17 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 14,133.23
DAILY BALANCE ...................... 24,109.61
11-18 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 3,617.66
DAILY BALANCE ...................... 20,491.95
11-19 WIRE TRANSFER CREDIT ............................................................. 54,539.00
CHECK(S) PAID (SEE CHECK DETAIL SECTION) 3,249.95
WIRE XFER SERVICE 1 ITEM(S) 12.00
DAILY BALANCE ...................... 71,769.00
11-22 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 2,299.24
DAILY BALANCE ...................... 69,469.76
11-23 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 18,374.25
DAILY BALANCE ...................... 51,095.51
11-24 WIRE TRANSFER CREDIT ............................................................. 53,342.00
CHECK(S) PAID (SEE CHECK DETAIL SECTION) 5,024.30
WIRE XFER SERVICE 1 ITEM(S) 12.00
DAILY BALANCE ...................... 99,401.21
11-26 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 8,062.07
DAILY BALANCE ...................... 91,339.14
11-29 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 10,121.74
DAILY BALANCE ...................... 81,217.40
11-30 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 12,365.37
SERVICE CHARGE 24.00
CLOSING BALANCE ................... 68,828.03
</TABLE>
================================================================================
Service Charge Detail
================================================================================
SERVICE DESCRIPTION CHARGE
- --------------------------------------------------------------------------------
<PAGE>
[LOGO] Mellon Bank
UNITEL MOBILE VIDEO A DIV OF PAGE: 3
UNITEL VIDEO INC ACCOUNT NUMBER: 038-5545
STATEMENT TO: NOV 30, 1999
================================================================================
Service Charge Detail
================================================================================
SERVICE DESCRIPTION CHARGE
- --------------------------------------------------------------------------------
CORE SERVICE CHARGES AND ADDITIONAL OPTIONS
CHOICE CHECKING II ...................................................... 24.00
TOTAL SERVICE CHARGES ................................................... 24.00
================================================================================
Check Detail
<TABLE>
<CAPTION>
==============================================================================================
CHECK NO. AMOUNT DATE REFERENCE NO. CHECK NO. AMOUNT DATE REFERENCE NO.
- ----------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
41128 1,600.00 11-02 600206642 41254 285.19 11-08 600616913
41136* 977.00 11-01 800565312 41255 150.00 11-03 100212944
41140* 827.67 11-01 100295633 41256 300.00 11-03 100212943
41147* 79.14 11-01 10000393660 41257 1,388.33 11-08 500103940
41167* 230.00 11-01 500821945 41258 200.00 11-02 100702279
41178* 661.45 11-03 500453944 41259 777.87 11-01 300338326
41179 69.70 11-05 100867124 41260 4,489.77 11-08 100543295
41181* 59.60 11-04 100359437 41261 128.55 11-03 800243113
41188* 413.60 11-01 500189498 41262 176.64 11-10 100138588
41191* 1,915.16 11-01 600043338 41263 10,000.00 11-02 800876181
41192 242.76 11-15 100276092 41264 136.00 11-03 500451408
41196* 3,283.63 11-01 100292263 41265 1,000.00 11-15 300907905
41197 55.00 11-03 400834429 41266 19.32 11-15 100058621
41204* 364.83 11-03 500418251 41267 480.00 11-09 500383634
41205 1,485.00 11-03 500453946 41268 35.38 11-08 100413710
41206 9.74 11-01 100297048 41269 4,274.32 11-08 500084803
41207 67.76 11-02 600181090 41270 492.48 11-05 700345121
41208 110.81 11-02 100739492 41271 11,756.00 11-05 300319877
41212* 371.71 11-01 100398476 41273* 5,000.00 11-10 600123785
41214* 3.50 11-04 200252643 41274 7,989.00 11-12 100395018
41216* 147.19 11-01 100065001 41275 600.00 11-16 80400679033
41217 317.17 11-01 100064746 41276 139.17 11-18 100771629
41223* 8.61 11-01 100165387 41277 37.89 11-16 200811964
41225* 81.00 11-10 600853729 41278 99.36 11-12 300537366
41226 268.30 11-09 200696201 41279 8,838.77 11-16 200813627
41227 261.20 11-10 100138587 41280 316.25 11-17 600705350
41230* 747.05 11-08 500090482 41281 147.55 11-10 700238257
41231 2,283.64 11-03 500453945 41282 850.00 11-09 200697275
41232 1,971.60 11-01 800634330 41283 55.32 11-15 100074741
41235* 250.00 11-10 400062731 41284 180.00 11-09 300255362
41236 904.50 11-15 200723328 41285 1,195.00 11-09 500345618
41237 1,225.00 11-05 300560721 41286 1,750.00 11-17 200042409
41238 1,050.00 11-01 200604039 41287 550.00 11-10 600853645
41239 1,925.50 11-03 500487598 41288 1,050.00 11-08 700703751
41240 770.84 11-04 800357917 41289 275.00 11-12 100422593
41241 107.28 11-02 200718731 41290 83.45 11-15 100094680
41242 595.00 11-02 800850394 41292* 900.00 11-10 400062871
41243 8,860.00 11-03 100197671 41293 108.00 11-09 200696842
41244 1,200.00 11-12 300546964 41294 2,539.92 11-10 400087737
41245 1,500.17 11-05 300226097 41295 135.00 11-08 100564117
41246 1,024.65 11-04 400062398 41296 52.64 11-12 400155063
41247 211.00 11-05 700405524 41297 600.00 11-10 700340287
41248 22.86 11-05 200358894 41298 383.75 11-08 700768893
41249 14,840.00 11-02 600210903 41299 103.51 11-15 300897954
41250 1,025.50 11-10 600853730 41300 1,325.58 11-09 800747287
41251 675.00 11-03 500496617 41301 1,966.15 11-08 100543296
41252 2,121.37 11-01 300250913 41302 1,802.85 11-09 200881638
41253 135.00 11-02 400726124 41303 80.75 11-12 100447205
</TABLE>
<PAGE>
[LOGO] Mellon Bank
UNITEL MOBILE VIDEO A DIV OF PAGE: 4
UNITEL VIDEO INC ACCOUNT NUMBER: 038-5545
STATEMENT TO: NOV 30, 1999
================================================================================
Check Detail
<TABLE>
<CAPTION>
==============================================================================================
CHECK NO. AMOUNT DATE REFERENCE NO. CHECK NO. AMOUNT DATE REFERENCE NO.
- ----------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
41304 149.91 11-15 300792550 41370* 21.95 11-26 400395901
41305 10,000.00 11-15 700536129 41371 90.00 11-30 500333035
41306 260.00 11-10 400088193 41372 109.20 11-30 100852334
41307 3,393.06 11-08 500200728 41381* 2,709.33 11-30 200439019
41308 750.00 11-24 300431146
41309 3,200.00 11-19 800090246
41310 3,215.00 11-17 800707535
41311 6,950.00 11-17 200130821
41312 1,270.60 11-22 200295054
41313 10,000.00 11-23 200318579
41315* 90.61 11-30 700419232
41316 135.00 11-22 200246232
41317 323.46 11-30 100852333
41318 600.00 11-29 500817160
41320* 1,000.00 11-29 500833107
41321 38.98 11-17 600696439
41322 550.00 11-17 200047484
41323 180.00 11-15 400593299
41324 198.00 11-23 300116686
41325 563.00 11-17 200047899
41326 250.95 11-15 300143588
41327 10.45 11-19 100877543
41328 707.22 11-18 700309644
41329 272.45 11-15 300927004
41330 750.00 11-17 400169326
41331 796.38 11-22 100779346
41332 47.50 11-16 400679038
41333 97.26 11-22 300761954
41334 490.00 11-16 200001605
41335 39.50 11-19 100077372
41336 1,019.25 11-16 200888914
41337 2,771.27 11-18 700406615
41338 854.31 11-16 500468220
41339 10,000.00 11-15 700536120
41340 1,156.30 11-24 600285758
41341 1,937.45 11-26 100384531
41343* 182.77 11-30 800264803
41344 3,093.58 11-26 200594746
41345 652.16 11-26 400369122
41346 1,954.00 11-26 400368714
41347 184.10 11-29 500010115
41348 34.90 11-29 700120202
41349 121.98 11-29 700135615
41351* 24.83 11-26 400368957
41352 611.25 11-23 300228249
41355* 378.10 11-26 500681962
41356 208.00 11-29 80500835179
41357 6,284.56 11-29 700325005
41358 7,565.00 11-23 700729187
41359 3,118.00 11-24 300450352
41362* 88.20 11-29 700177963
41364* 8,860.00 11-30 300656365
41366* 1,600.00 11-29 500012516
</TABLE>
* INDICATES A BREAK IN THE LISTING OF CONSECUTIVE CHECK NUMBERS.
- --------------------------------------------------------------------------------
IMPORTANT INFORMATION: PLEASE EXAMINE AND RECONCILE YOUR STATEMENT PROMPTLY.
ERRORS AND IMPROPER TRANSFERS MUST BE REPORTED TO THE BANK WITHIN 14 DAYS. IF
YOU HAVE ANY QUESTIONS, PLEASE CALL YOUR LOCAL BRANCH OFFICE OR CALL THE
BUSINESS TELEPHONE BANKING CENTER AT 800-527-1800.
STATEMENT RECONCILEMENT FORMS ARE AVAILABLE THROUGH YOUR LOCAL BRANCH OFFICE.
<PAGE>
[LOGO] Fleet Bank
STATEMENT OF ACCOUNTS PAGE 1 OF 5
9415-859803
STATEMENT DATE
11/30/99
Questions?
Call our Business
116 D Banking Center at
1-800-PARTNER
(1-800-727-8637)
Cash Reserve Payment
-----------------------
UNITEL VIDEO, INC CY
555 WEST 57TH STREET -----------------------
SUITE 1240 Please remit to:
NEW YORK NY 10019 FLEET BANK
119 ENCLOSED ITEMS Cash Reserve
PO Box 150456
Hartford, CT. 06115-0456
detach
<TABLE>
<CAPTION>
===============================================================================================================
BEGINNING DEPOSITS, OTHER CHECKS, WITHDRAWALS, INTEREST ACCOUNT ACTIVITY ENDING
CHECKING BALANCE CREDITS OTHER DEBITS PAID & OTHER FEES BALANCE
- ---------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
9415-859803 116236.65 858446.60 898095.71 .00 .00 76587.54
- ---------------------------------------------------------------------------------------------------------------
</TABLE>
ACCOUNT NO. 9415-859803 COMMERCIAL CHECKING PERIOD 10/30/99 THROUGH 11/30/99
BUSINESS BANKING CENTER ACCESS CODE 7399
- --------------------------------------------------------------------------------
- DEBITS AND CREDITS -
- --------------------------------------------------------------------------------
DATE DEBITS (-) CREDITS (+) DESCRIPTION
11-01 12,900.65 REPETITIVE IBT VIA PC
11/01/99 006435
9999991101006435
1999110101357NTR
UNITEL VIDEO INC PAYROLL
11-02 170.68 PREAUTHORIZED DDA DEBIT
NDPS NDPSSTLMNT
199911 8788000152756
UNITEL NY
019993064463055 CCD
11-02 25.00 PREAUTHORIZED DDA DEBIT
NDPS NDPSSTLMNT
199911 8788000152798
EDITEL-LA
019993064463057 CCD
11-02 25.00 PREAUTHORIZED DDA DEBIT
NDPS NDPSSTLMNT
199911 8788000152772
UNITEL POST 38
019993064463056 CCD
11-03 221,388.00 WIRE INCOMING FED
11/03/99 005287
9999991103005287
17592
MELLON BANK N.A.
11-04 221,388.00 TR TO 9417544821
- --------------------------------------------------------------------------------
Notice: See reverse side for important information.
<PAGE>
[LOGO] Fleet Bank
STATEMENT OF ACCOUNTS PAGE 2 OF 5
9415-859803
STATEMENT DATE
11/30/99
Questions?
Call our Business
116 Banking Center at
1-800-PARTNER
(1-800-727-8637)
Cash Reserve Payment
-----------------------
UNITEL VIDEO, INC CY
555 WEST 57TH STREET -----------------------
SUITE 1240 Please remit to:
NEW YORK NY 10019 FLEET BANK
Cash Reserve
PO Box 150456
Hartford, CT. 06115-0456
detach
================================================================================
ACCOUNT NO. 9415-859803 CONTINUED PERIOD 10/30/99 THROUGH 11/30/99
- --------------------------------------------------------------------------------
- DEBITS AND CREDITS -
- --------------------------------------------------------------------------------
DATE DEBITS (-) CREDITS (+) DESCRIPTION
11-08 2,931.81 PREAUTHORIZED DDA CREDIT
ACH REV UNITEL VIDEO
11-08 3,507.47 PREAUTHORIZED DDA CREDIT
ACH REV UNITEL VIDEO
11-09 162,705.00 WIRE INCOMING FED
11/09/99 005278
9999991109005278
16120
MELLON BANK N.A.
11-15 148,790.00 WIRE INCOMING FED
11/15/99 005571
9999991115005571
20634
MELLON BANK N.A.
11-18 226,520.39 WIRE INCOMING FED
11/18/99 004078
9999991118004078
11574
MELLON BANK N.A.
11-18 69,636.26 REPETITIVE IBT VIA PC
11/18/99 004890
9999991118004890
1999111801075NTR
UNITEL VIDEO INC
11-19 54,716.00 WIRE INCOMING FED
11/19/99 005957
9999991119005957
22019
MELLON BANK N.A.
- --------------------------------------------------------------------------------
Notice: See reverse side for important information.
<PAGE>
[LOGO] Fleet Bank
STATEMENT OF ACCOUNTS PAGE 3 OF 5
9415-859803
STATEMENT DATE
11/30/99
Questions?
Call our Business
116 Banking Center at
1-800-PARTNER
(1-800-727-8637)
Cash Reserve Payment
-----------------------
UNITEL VIDEO, INC CY
555 WEST 57TH STREET -----------------------
SUITE 1240 Please remit to:
NEW YORK NY 10019 FLEET BANK
Cash Reserve
PO Box 150456
Hartford, CT. 06115-0456
detach
================================================================================
ACCOUNT NO. 9415-859803 CONTINUED PERIOD 10/30/99 THROUGH 11/30/99
- --------------------------------------------------------------------------------
- DEBITS AND CREDITS -
- --------------------------------------------------------------------------------
DATE DEBITS (-) CREDITS (+) DESCRIPTION
11-19 185,999.13 REPETITIVE IBT VIA PC
11/19/99 000978
9999991119000978
1999111900094NTR
UNITEL VIDEO INC
11-22 1,253.93 PREAUTHORIZED DDA CREDIT
UNITED VIDEO ACH REVERSAL W/O
11.19.99
11-24 36,634.00 WIRE INCOMING FED
11/24/99 007251
9999991124007251
25820
MELLON BANK N.A.
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------
- CHECKS POSTED - - CHECKS POSTED - - CHECKS POSTED -
- ------------------------------------------------------------------------------------------------------
DATE CHECK NO. AMOUNT DATE CHECK NO. AMOUNT DATE CHECK NO. AMOUNT
<S> <C> <C> <C> <C> <C> <C> <C> <C>
11-04 8076 2,260.68 11-04 8224 818.00 11-08 8240 7,104.45
11-01 8151* 746.21 11-01 8225 203.13 11-10 8242* 378.60
11-03 8152 64.63 11-05 8226 64.95 11-10 8243 2,435.63
11-02 8153 3,707.42 11-04 8227 148.20 11-09 8244 230.15
11-02 8164* 3,225.00 11-01 8228 295.75 11-10 8245 1,912.50
11-05 8169* 90.00 11-02 8229 11,118.00 11-09 8246 553.05
11-01 8171* 695.00 11-03 8230 41.14 11-12 8247 585.64
11-10 8172 793.75 11-02 8231 900.00 11-17 8248 958.80
11-08 8180* 183.00 11-01 8232 3,667.65 11-09 8249 1,265.53
11-01 8192* 214.66 11-02 8233 1,800.00 11-09 8250 90.24
11-01 8195* 190.00 11-03 8234 110.96 11-17 8251 3,877.62
11-02 8198* 66.00 11-03 8235 340.99 11-15 8252 175.00
11-01 8210* 473.00 11-12 8236 2,913.99 11-15 8253 5,170.00
11-09 8221* 3,814.41 11-05 8237 6,725.94 11-17 8254 45,863.00
11-01 8222 103.88 11-05 8238 300.00 11-15 8255 1,133.41
11-01 8223 7,199.71 11-08 8239 2,750.00 11-09 8256 205.68
</TABLE>
CONTINUED
- --------------------------------------------------------------------------------
Notice: See reverse side for important information.
<PAGE>
[LOGO] Fleet Bank
STATEMENT OF ACCOUNTS PAGE 4 OF 5
9415-859803
STATEMENT DATE
11/30/99
Questions?
Call our Business
116 Banking Center at
1-800-PARTNER
(1-800-727-8637)
Cash Reserve Payment
-----------------------
UNITEL VIDEO, INC CY
555 WEST 57TH STREET -----------------------
SUITE 1240 Please remit to:
NEW YORK NY 10019 FLEET BANK
Cash Reserve
PO Box 150456
Hartford, CT. 06115-0456
detach
================================================================================
ACCOUNT NO. 9415-859803 CONTINUED PERIOD 10/30/99 THROUGH 11/30/99
<TABLE>
<CAPTION>
- -------------------------------------------------------------------------------------------------------
- CHECKS POSTED - - CHECKS POSTED - - CHECKS POSTED -
- -------------------------------------------------------------------------------------------------------
DATE CHECK NO. AMOUNT DATE CHECK NO. AMOUNT DATE CHECK NO. AMOUNT
<S> <C> <C> <C> <C> <C> <C> <C> <C>
11-12 8257 35,833.33 11-19 8282 6,275.39 11-23 8307 11,469.48
11-16 8258 26,250.00 11-18 8283 3,877.63 11-19 8308 1,222.65
11-16 8259 26,250.00 11-17 8284 120.30 11-22 8309 2,929.14
11-16 8260 1,017.55 11-19 8285 1,320.65 11-22 8310 21,044.30
11-12 8261 300.00 11-18 8286 89.50 11-18 8311 1,080.25
11-10 8262 3,774.48 11-22 8287 8,723.03 11-22 8312 1,779.55
11-08 8263 3,453.18 11-16 8288 25.00 11-22 8314* 139.19
11-10 8264 175.11 11-16 8289 7,155.33 11-22 8315 615.14
11-12 8265 394.56 11-22 8290 991.25 11-23 8319* 114.00
11-12 8266 442.40 11-16 8291 81.30 11-30 8321* 331.05
11-15 8267 775.00 11-16 8292 1,617.50 11-30 8323* 191.91
11-19 8268 277.32 11-17 8293 550.50 11-26 8324 1,856.26
11-10 8269 665.07 11-16 8294 229.50 11-24 8325 3,680.50
11-12 8270 35.17 11-22 8295 256.62 11-22 8326 7,200.79
11-12 8271 412.50 11-19 8296 3,356.96 11-23 8327 1,875.00
11-10 8272 465.95 11-15 8298* 32,968.02 11-26 8328 1,980.00
11-09 8273 362.00 11-22 8299 71.29 11-23 8329 980.00
11-10 8274 6,109.17 11-19 8300 87.23 11-23 8330 4,620.00
11-18 8275 800.00 11-23 8301 73.14 11-23 8331 2,400.00
11-12 8276 255.00 11-24 8302 337.50 11-26 8332 1,615.53
11-16 8277 277.39 11-18 8303 145.06 11-24 8333 725.00
11-17 8278 1,481.26 11-22 8304 418.50 11-26 8337* 495.00
11-16 8280* 111.71 11-18 8305 24,065.00 11-30 8340* 7,002.69
11-22 8281 1,786.86 11-17 8306 97.00
</TABLE>
* DENOTES SEQUENCE BREAK
- --------------------------------------------------------------------------------
- DAILY BALANCE SUMMARY -
- --------------------------------------------------------------------------------
DATE BALANCE DATE BALANCE DATE BALANCE
11-01 89,547.01 11-05 57,544.42 11-12 148,794.16
11-02 68,509.91 11-08 50,493.07 11-15 257,362.73
11-03 289,340.19 11-09 206,677.01 11-16 194,347.45
11-04 64,725.31 11-10 189,966.75 11-17 141,398.97
- --------------------------------------------------------------------------------
Notice: See reverse side for important information.
<PAGE>
[LOGO] Fleet Bank
STATEMENT OF ACCOUNTS PAGE 5 OF 5
9415-859803
STATEMENT DATE
11/30/99
Questions?
Call our Business
116 Banking Center at
1-800-PARTNER
(1-800-727-8637)
Cash Reserve Payment
-----------------------
UNITEL VIDEO, INC CY
555 WEST 57TH STREET -----------------------
SUITE 1240 Please remit to:
NEW YORK NY 10019 FLEET BANK
Cash Reserve
PO Box 150456
Hartford, CT. 06115-0456
detach
================================================================================
ACCOUNT NO. 9415-859803 CONTINUED PERIOD 10/30/99 THROUGH 11/30/99
- --------------------------------------------------------------------------------
- DAILY BALANCE SUMMARY -
- --------------------------------------------------------------------------------
DATE BALANCE DATE BALANCE DATE BALANCE
11-18 268,225.66 11-23 58,168.98 11-26 84,113.19
11-19 124,402.33 11-24 90,059.98 11-30 76,587.54
11-22 79,700.60
- --------------------------------------------------------------------------------
Notice: See reverse side for important information.
<PAGE>
[LOGO] Bank of America
================================================================================
P.O. Box 3530 Your Bank of America
Rancho Cordova, CA 95741-3530 Business Checking
0217 Statement
E 5-2
Statement Period:
October 30 through November 30, 1999
[BARCODE]
UNITEL VIDEO, INC. Account Number: 02177-04548
1101 ISABEL ST
BURBANK CA 91506-1405 At Your Service
Call: 818-507-6700, 24 hours,
7 days a week
Written Inquiries
Bank of America
Burbank Main Office
PO Box 37176
San Francisco, CA 94137-0001
Customer since 1999
Bank of America appreciates your
business and we enjoy serving you.
================================================================================
|_| Summary of Your Business Checking Account
- ---------------------------------------------- --------------------------------
Beginning Balance on 10/30/99 $875.54 Number of checks paid 5
- ---------------------------------------------- --------------------------------
Total Deposits and Other Credits + 16,213.09 Number of 24 Hour Customer
- ---------------------------------------------- Service Calls
Total Checks, Withdrawals, Self-Service 0
Transfers, Account Fees -4,017.94 Assisted 0
- ----------------------------------------------
Ending Balance $13,070.69
================================================================================
|_| Important Information About Your Account
- --------------------------------------------------------------------------------
Based on the average balance you've maintained in this account, your monthly
service charge has been waived.
================================================================================
|_| Bank of America News
- --------------------------------------------------------------------------------
YEAR 2000 UPDATE: You can expect the same level of service from Bank of America
now and into the next millennium. The systems and software that support this
account statement have already been made ready for year 2000. For more
information, visit us at www.bankofamerica.com/y2k or call toll-free,
1-888-960-1111, 7AM - 10PM.
Conserve your cash - and finance new equipment. Ask your Small Business Banker
about 100% financing.
Looking for a 401(k) plan that will help you meet your needs? Ask your Small
Business Banker about the Bank of America 401(k) or visit your local Banking
Center. Available with special pricing through November 30th.
================================================================================
|_| Deposits
- --------------------------------- ---------------------------------------------
Number Date Posted Amount Number Date Posted Amount
11/01 $2,300.00 11/15 8,838.77
11/05 400.00 Total of 4 deposits $16,213.09
11/05 4,674.32
Continued on next page
0027383.001.423 California Page 1 of 2
<PAGE>
[LOGO] Bank of America
================================================================================
UNITEL VIDEO, INC. Statement Period: October 30 through November 30, 1999
Account Number: 02177-04548
================================================================================
|_| Checks Paid * Gap in check sequence
- ------------------------------ ------------------------------------------
Date Paid Number Amount Date Paid Number Amount
11/01 1007 $825.00 11/24 1010 905.63
11/04 1008 1,847.19 11/24 *1013 133.85
11/15 1009 306.27 Total of 5 Checks Paid $4,017.94
================================================================================
|_| Daily Balance
- --------------------------------------------------------------------------------
Date Amount Date Amount Date Amount
11/01 $2,350.54 11/05 5,577.67 11/24 13,070.69
11/04 503.35 11/15 14,110.17
0027383.001.423 California Page 2 of 2
<PAGE>
STATEMENT OF DEPOSITS & FILINGS ADP [LOGO] TAX FILING SERVICE
** THIRD QUARTER 1999 **
STATEMENT DATE 10/23/99
UNITEL VIDEO INC BR/COMPANY 94/K1H
AGENT 005
555 WEST 57TH ST-SUITE 1240 COMBO YES
NEW YORK NY 10019
SIT JLN: UNITEL VIDEO INC SIT-ID: 317-8226 1
SUI JLN: UNITEL VIDEO INC SUI-ID: 317-8226 1
STATE OF CALIFORNIA
- --------------------------------------------------------------------------------
QUARTER WAGE RECAP: POSITIVE NEGATIVE STATE INCOME TAX WITHHELD 18,472.92
SIT TAXABLE WAGES 336,493.69 .00 FEDERAL INCOME TAX WITHHELD 64,900.90
EMPLOYEES: TOTAL MALE FEMALE NEW
SUI SUBJECT WAGES 349,759.29 .00 MONTH 1 15 12 3 HIRE
EXCESS SUI WAGES 349,759.29 .00 MONTH 2 15 12 3
SUI TAXABLE WAGES .00 .00 MONTH 3 15 12 3
WAGE DTL 16
SDI TAXABLE WAGES 64,386.95 .00 SUI ER RATE 3.400% ETT RATE 0.100%
SDI EE RATE 0.500%
SUI LIMIT 7,000 SDI LIMIT 31,767
SIT DEPOSIT FREQ: TIED-TO-FED DAILY DEP ONLY
ADP FILING RESPONSIBILITY: QUARTERLY WAGE REPORT ANNUAL RECON
CLIENT FILING RESPONSIBILITY: NONE
- --------------------------------------------------------------------------------
DEPOSIT DETAIL QBU BATCH NBR 99/3/214
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
DEPOSIT STATE EMPLOYER EMPLOYEE EMPLOYER
DATE INCOME TAX SUI SDI TRAINING TAX TOTAL
- ---------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
07-06-99 3,623.38 65.77 3,689.15
07-19-99 2,389.86 55.70 2,445.56
08-02-99 2,401.86 44.66 2,446.52
08-16-99 2,430.46 43.53 2,473.99
08-30-99 2,612.62 48.62 2,661.24
09-13-99 2,582.16 30.94 2,613.10
09-29-99 2,432.58 32.71 2,465.29
TOTAL
DEPOSITS 18,472.92 .00 321.93 .00 18,794.85
TOTAL
LIABILITY 18,472.92 .00 321.93 .00 18,794.85
*ADJUSTMENT .00 .00 .00 .00 .00
DIFFERENCE .00 .00 .00 .00 .00
</TABLE>
We have filed this information with the appropriate agency.
- --------------------------------------------------------------------------------
THIS STATEMENT SHOULD BE RETAINED AS PART OF YOUR TAX RECORDS
215TX-SOD-L 0324383-1507318-031DR
<PAGE>
STATEMENT OF DEPOSITS & FILINGS ADP [LOGO] TAX FILING SERVICE
** THIRD QUARTER 1999 **
STATEMENT DATE 10/23/99
UNITEL VIDEO INC BR/COMPANY 94/K1H
AGENT 005
555 WEST 57TH ST-SUITE 1240 COMBO NO
NEW YORK NY 10019
LEGAL NAME: UNITEL VIDEO INC SIT-ID: 23-1713238 000 5
SUI JLN: UNITEL-VIDEO, INC. SUI-ID: 2146961 0
IBT-NO: 2378-4865
STATE OF ILLINOIS
- --------------------------------------------------------------------------------
QUARTER WAGE RECAP: STATE INCOME TAX WITHHELD .00
SIT TAXABLE WAGES .00 FEDERAL INCOME TAX WITHHELD 4,713.69
EMPLOYEES: TOTAL MALE FEM NEW
SUI SUBJECT WAGES 25,359.59 MONTH 1 1 1 HIRE
EXCESS SUI WAGES 25,359.59 MONTH 2 1 1
SUI TAXABLE WAGES .00 MONTH 3 1 1
WAGE DTL 1
SUI ER RATE 3.1000%
SUI LIMIT 9,000
SIT DEPOSIT FREQ: LIMIT DRIVEN
ADP FILING RESPONSIBILITY: SIT QUARTERLY, ANNUAL/W2S, SUI QUARTERLY IF REQ'D
CLIENT FILING RESPONSIBILITY: NONE
- --------------------------------------------------------------------------------
DEPOSIT DETAIL QBU BATCH NBR 99/3/214
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
DEPOSIT STATE EMPLOYER
DATE INCOME TAX SUI TOTAL
- ---------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
TOTAL
DEPOSITS .00 .00 .00
TOTAL
LIABILITY .00 .00 .00
*ADJUSTMENT .00 .00 .00
DIFFERENCE .00 .00 .00
</TABLE>
We have filed this information with the appropriate agency for this
tax period.
- --------------------------------------------------------------------------------
THIS STATEMENT SHOULD BE RETAINED AS PART OF YOUR TAX RECORDS
215TX-SOD-L 0324383-1507319-031DR
<PAGE>
STATEMENT OF DEPOSITS & FILINGS ADP [LOGO] TAX FILING SERVICE
** THIRD QUARTER 1999 **
STATEMENT DATE 10/23/99
UNITEL VIDEO INC BR/COMPANY 94/K1H
AGENT 005
555 WEST 57TH ST-SUITE 1240 COMBO NO
NEW YORK NY 10019
SIT JLN: UNITEL VIDEO, INC. SIT-ID: 231713238 8
LEGAL NAME: UNITEL VIDEO INC SUI-ID: 45-90690 2
STATE OF NEW YORK
- --------------------------------------------------------------------------------
QUARTER WAGE RECAP: STATE INCOME TAX WITHHELD 79,596.35
SIT TAXABLE WAGES 1,560,990.19 FEDERAL INCOME TAX WITHHELD 268,185.57
EMPLOYEES: TOTAL MALE FEM NEW
SUI SUBJECT WAGES 1,665,575.00 MONTH 1 123 90 33 HIRE
EXCESS SUI WAGES 1,423,685.00 MONTH 2 121 89 32
SUI TAXABLE WAGES 241,889.00 MONTH 3 61 46 15 26
WAGE DTL 177
SUI ER RATE 7.1000%
SUI LIMIT 8,500
SIT DEPOSIT FREQ: 3 DAY DUE DAILY VIA EFT
SIT SHORT NAME:
ADP FILING RESPONSIBILITY: SIT QUARTERLY, ANNUAL/W2S, SIT QUARTERLY IF REQ'D
CLIENT FILING RESPONSIBILITY: NONE
- --------------------------------------------------------------------------------
DEPOSIT DETAIL QBU BATCH NBR 99/3/214
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
DEPOSIT STATE EMPLOYER
DATE INCOME TAX SUI TOTAL
- ---------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
07-08-99 11,619.68 11,619.68
07-21-99 13,266.06 13,266.06
08-04-99 11,293.45 11,293.45
08-18-99 12,383.17 12,383.17
09-01-99 12,072.36 12,072.36
09-15-99 13,426.54 13,426.54
09-29-99 5,535.09 5,535.09
11-01-99 17,174.15 17,174.15
TOTAL
DEPOSITS 79,596.35 17,174.15 96,770.50
TOTAL
LIABILITY 79,596.35 17,174.15 96,770.50
*ADJUSTMENT .00 .00 .00
DIFFERENCE .00 .00 .00
</TABLE>
We have filed this information with the appropriate agency for this
tax period.
- --------------------------------------------------------------------------------
THIS STATEMENT SHOULD BE RETAINED AS PART OF YOUR TAX RECORDS
215TX-SOD-L 0324383-1507320-031DR
<PAGE>
STATEMENT OF DEPOSITS & FILINGS ADP [LOGO] TAX FILING SERVICE
** THIRD QUARTER 1999 **
STATEMENT DATE 10/23/99
UNITEL VIDEO INC BR/COMPANY 94/K1H
AGENT 005
555 WEST 57TH ST-SUITE 1240 COMBO NO
NEW YORK NY 10019
JLN: UNITEL VIDEO, INC. LOCAL ID: 231713238 8
NY LOCALITIES: NYS DEPARTMENT OF TAX AND FINA
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
QUARTER WAGE RECAP:
<S> <C> <C> <C>
TOTAL LOCALITY TAXABLE WAGES 1,537,793.90 TOTAL LOCAL TAX WITHHELD 20,084.94
MONTH 1 710,205.93 MONTH 1 9,248.01
MONTH 2 471,433.48 MONTH 2 5,962.40
MONTH 3 356,154.49 MONTH 3 4,874.53
</TABLE>
DEPOSIT FREQ: 3 DAY DUE DAIL VIA EFT
ADP FILING RESPONSIBILITY: QUARTERLY RETURN, ANNUAL/W2S, IF REQUIRED
CLIENT FILING RESPONSIBILITY: NONE
- --------------------------------------------------------------------------------
DEPOSIT DETAIL QBU BATCH NBR 99/3/214
- --------------------------------------------------------------------------------
NUMBER OF
LOCALITY DEPOSIT DATE TAXABLE WAGE TAX EMPLOYEES
- --------------------------------------------------------------------------------
NEW YORK CIT 07-08-99 84,686.74 2,427.47 88
33-3301
07-21-99 100,079.80 2,917.32
08-04-99 85,803.30 2,545.28
08-18-99 102,989.67 2,945.30
09-01-99 80,889.29 2,338.93
09-15-99 97,789.71 2,849.36
09-29-99 51,363.91 1,523.61
11-01-99 2,824.39 12.20
YONKERS
33-3302
NEW YORK CIT 07-08-99 142,656.28 647.33 78
33-3303
07-21-99 161,396.16 403.60
08-04-99 135,583.65 307.01
08-18-99 142,161.55 348.70
09-01-99 145,392.97 329.47
09-15-99 144,076.68 362.10
09-29-99 60,099.80 127.26
CONTINUED NEXT PAGE
- --------------------------------------------------------------------------------
THIS STATEMENT SHOULD BE RETAINED AS PART OF YOUR TAX RECORDS
215TX-SOD-L 0324383-1507321-031DR
<PAGE>
STATEMENT OF DEPOSITS & FILINGS ADP [LOGO] TAX FILING SERVICE
** THIRD QUARTER 1999 **
STATEMENT DATE 10/23/99
UNITEL VIDEO INC BR/COMPANY 94/K1H
AGENT 005
555 WEST 57TH ST-SUITE 1240 COMBO NO
NEW YORK NY 10019
JLN: UNITEL VIDEO, INC. LOCAL ID: 231713238 8
NY LOCALITIES: NYS DEPARTMENT OF TAX AND FINA
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
DEPOSIT DETAIL QBU BATCH NBR 99/3/214
- --------------------------------------------------------------------------------
NUMBER OF
LOCALITY DEPOSIT DATE TAXABLE WAGE TAX EMPLOYEES
- --------------------------------------------------------------------------------
TOTAL
DEPOSITS 20,084.94
TOTAL
LIABILITY 20,084.94
*ADJUSTMENT .00
DIFFERENCE .00
We have filed this information with the appropriate agency.
- --------------------------------------------------------------------------------
THIS STATEMENT SHOULD BE RETAINED AS PART OF YOUR TAX RECORDS
215TX-SOD-L 0324383-1507322-031DR
<PAGE>
STATEMENT OF DEPOSITS & FILINGS ADP [LOGO] TAX FILING SERVICE
** THIRD QUARTER 1999 **
STATEMENT DATE 10/23/99
UNITEL VIDEO INC BR/COMPANY 94/K1H
AGENT 005
555 WEST 57TH ST-SUITE 1240 COMBO NO
NEW YORK NY 10019
LEGAL NAME: UNITEL VIDEO INC SIT-ID: 1217 2953
SUI-ID: 81-62043 1
STATE OF PENNSYLVANIA
- --------------------------------------------------------------------------------
QUARTER WAGE RECAP: STATE INCOME TAX WITHHELD 18,960.88
SIT TAXABLE WAGES 728,142.66 FEDERAL INCOME TAX WITHHELD 134,249.46
EMPLOYEES: TOTAL MALE FEM NEW
SUI SUBJECT WAGES 705,132.16 MONTH 1 38 29 9 HIRE
EXCESS SUI WAGES 703,709.11 MONTH 2 36 27 9
SUIER TAXABLE WAGES 1,423.05 MONTH 3 35 26 9
SUIEE TAXABLE WAGES 705,132.16 WAGE DTL 38
SUI ER RATE 2.5636% SUI EE RATE 0.000%
SUIER LIMIT 8,000 SUIEE LIMIT N
SIT DEPOSIT FREQ: SEMI-MONTHLY
ADP FILING RESPONSIBILITY: SIT QUARTERLY, ANNUAL/W2S, SUI QUARTERLY IF REQ'D
CLIENT FILING RESPONSIBILITY: NONE
- --------------------------------------------------------------------------------
DEPOSIT DETAIL QBU BATCH NBR 99/3/214
- --------------------------------------------------------------------------------
DEPOSIT STATE EMPLOYER EMPLOYEE
DATE INCOME TAX SUI SUI TOTAL
- --------------------------------------------------------------------------------
07-20-99 3,184.00 3,184.00
08-04-99 5,569.09 5,569.09
08-18-99 2,450.98 2,450.98
09-03-99 2,677.65 2,677.65
09-20-99 2,667.75 2,667.75
10-05-99 2,411.41 2,411.41
11-01-99 36.48 36.48
TOTAL
DEPOSITS 18,960.88 36.48 .00 18,997.36
TOTAL
LIABILITY 18,960.88 36.48 .00 18,997.36
*ADJUSTMENT .00 .00 .00 .00
DIFFERENCE .00 .00 .00 .00
STATE INCOME TAX DEPOSITS WHICH MEET CRITERIA ARE AUTOMATICALLY
REMITTED VIA EFT, AS REQUIRED BY STATE LAW.
We have filed this information with the appropriate agency for this
tax period.
CONTINUED NEXT PAGE
- --------------------------------------------------------------------------------
THIS STATEMENT SHOULD BE RETAINED AS PART OF YOUR TAX RECORDS
215TX-SOD-L 0324383-1507323-031DR
<PAGE>
STATEMENT OF DEPOSITS & FILINGS ADP [LOGO] TAX FILING SERVICE
** THIRD QUARTER 1999 **
STATEMENT DATE 10/23/99
UNITEL VIDEO INC BR/COMPANY 94/K1H
AGENT 005
555 WEST 57TH ST-SUITE 1240 COMBO NO
NEW YORK NY 10019
LEGAL NAME: UNITEL VIDEO INC SIT-ID: 1217 2953
SUI-ID: 81-62043 1
STATE OF PENNSYLVANIA CONT'D.
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
SIT SIT SIT SIT
WAGES TAXES DEPOSITS EMPLOYEES
- --------------------------------------------------------------------------------
MONTH 1 350,448.08 8,753.09 8,753.09 40
MONTH 2 207,000.89 5,128.63 5,128.63 39
MONTH 3 170,693.69 5,079.16 5,079.16 39
- --------------------------------------------------------------------------------
THIS STATEMENT SHOULD BE RETAINED AS PART OF YOUR TAX RECORDS
215TX-SOD-L 0324383-1507324-031DR
<PAGE>
STATEMENT OF DEPOSITS & FILINGS ADP [LOGO] TAX FILING SERVICE
** THIRD QUARTER 1999 **
STATEMENT DATE 10/23/99
UNITEL VIDEO INC BR/COMPANY 94/K1H
AGENT 005
555 WEST 57TH ST-SUITE 1240 COMBO NO
NEW YORK NY 10019
LEGAL NAME: UNITEL VIDEO INC SUI-ID: 07-382298 0
STATE OF TEXAS
- --------------------------------------------------------------------------------
QUARTER WAGE RECAP: EMPLOYEES: TOTAL MALE FEM NEW
SUI SUBJECT WAGES 25,980.79 MONTH 1 1 1 HIRE
EXCESS SUI WAGES 25,980.79 MONTH 2 1 1
SUI TAXABLE WAGES .00 MONTH 3 1 1
WAGE DTL 1
SUI ER RATE 2.7000%
SUI LIMIT 9,000
COUNTY CODE: 083
ADP FILING RESPONSIBILITY: SUI QUARTERLY
CLIENT FILING RESPONSIBILITY: NONE
- --------------------------------------------------------------------------------
DEPOSIT DETAIL QBU BATCH NBR 99/3/214
- --------------------------------------------------------------------------------
DEPOSIT EMPLOYER
DATE SUI TOTAL
- --------------------------------------------------------------------------------
TOTAL
DEPOSITS .00 .00
TOTAL
LIABILITY .00 .00
*ADJUSTMENT .00 .00
DIFFERENCE .00 .00
We have filed this information with the appropriate agency.
- --------------------------------------------------------------------------------
THIS STATEMENT SHOULD BE RETAINED AS PART OF YOUR TAX RECORDS
215TX-SOD-L 0324383-1507325-031DR
<PAGE>
STATEMENT OF DEPOSITS & FILINGS ADP [LOGO] TAX FILING SERVICE
** THIRD QUARTER 1999 **
STATEMENT DATE 10/23/99
UNITEL VIDEO INC BR/COMPANY 94/K1H
AGENT 005
555 WEST 57TH ST-SUITE 1240 COMBO YES
NEW YORK NY 10019 DEP FREQ SEMI-WEEKLY
FEDERAL ID: 23-1713238
FEDERAL INFORMATION
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
DEPOSIT DETAIL QBU BATCH NBR 99/3/214
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
DEPOSIT FEDERAL EARNED EMPLOYEE EMPLOYER TOTAL
DATE INCOME TAX INC CR FICA FICA (MINUS FUTA) FUTA
- ---------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
07-06-99 72,815.53 26,907.97 26,907.94 126,631.44
07-19-99 73,559.92 26,512.33 26,512.37 126,584.62
08-02-99 65,181.05 22,087.18 22,087.12 109,355.35
08-16-99 67,653.95 23,532.63 23,532.60 114,719.18
08-30-99 68,021.21 22,729.63 22,729.66 113,480.50
09-13-99 76,886.21 23,003.23 23,003.26 122,892.70
09-29-99 40,954.71 14,625.77 14,625.79 70,206.27
11-01-99 1,769.97
TOTAL
DEPOSITS 465,072.58 .00 159,398.74 159,398.74 783,870.06 1,769.97
TOTAL
LIABILITY 465,072.58 .00 159,398.74 159,398.74 783,870.06 1,769.97
ADJUSTMENT .00 .00 .00 .00 .00 .00
BAL DUE
(15) .00 .00 .00 .00 .00 .00
OVERPAYMT
(16) .00 .00 .00 .00 .00 .00
</TABLE>
We have filed the Quarterly 941 Return.
- --------------------------------------------------------------------------------
THIS STATEMENT SHOULD BE RETAINED AS PART OF YOUR TAX RECORDS
215TX-SOD-L 0324383-1507316-031DR
<PAGE>
STATEMENT OF DEPOSITS & FILINGS ADP [LOGO] TAX FILING SERVICE
** THIRD QUARTER 1999 **
STATEMENT DATE 10/23/99
UNITEL VIDEO INC BR/COMPANY 94/K1H
AGENT 005
555 WEST 57TH ST-SUITE 1240 COMBO YES
NEW YORK NY 10019 DEP FREQ SEMI-WEEKLY
FEDERAL ID: 23-1713238
FEDERAL INFORMATION
- --------------------------------------------------------------------------------
QUARTER WAGE RECAP:
1) NO. OF EMPLOYEES
2) TOTAL WAGES, TIPS, PLUS OTHER COMP 2,577,365.03
3) TOTAL INCOME TAX W/H 465,072.58
4) ADJUSTMENT OF W/H INCOME TAX .00
5) ADJ TOT INCOME TAX W/H 465,072.58
6A) TAXABLE SOC SEC WAGES 1,935,554.93
6B) TOTAL SOC SEC TAX W/H 240,008.82
6C) TAXABLE SOC SEC TIPS .00
6D) TOTAL SOC SEC TIPS W/H .00
7A) TAXABLE MEDICARE WAGES AND TIPS 2,716,850.00
7B) TOTAL MEDICARE TAX W/H 78,788.66
8) TOTAL SS/MEDI TAXES W/H 318,797.48
9) ADJUSTMENT OF SOC SEC AND MEDICARE .00
MEDICARE 3PSP TAXES .00
SOC SEC EE 3PSP .00
UNCOL SOC SEC/MED .00
10) ADJ TOT OF SOC SEC/MEDI TAX W/H 318,797.48
11) TOTAL TAX W/H 783,870.06
12) ADVANCED EIC .00
13) NET TAXES 783,870.06
14) TOTAL DEP FOR QTR 783,870.06
FUTA TAXABLE WAGES 221,246.38
FUTA TAX W/H 1,769.97
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
THIS STATEMENT SHOULD BE RETAINED AS PART OF YOUR TAX RECORDS
215TX-SOD-L 0324383-1507317-031DR
