<PAGE>
EXHIBIT 99.1
Debtor: ACCRUAL BASIS-1
Case No.:
OFFICE OF THE UNITED STATES TRUSTEE - REGION 3
MONTHLY OPERATING REPORT
for the month ending January, February , 2000
==============================================================================
Document Previously Explanation
Required Attachments: Attached Submitted Attached
1. Tax Receipts ( ) (X) ( )
2. Bank Statements (X) ( ) ( )
3. Most recently filed ( ) (X) ( )
Income Tax Return
4. Most recent Annual Financial ( ) (X) ( )
Statements prepared by accountants
IN ACCORDANCE WITH TITLE 28, SECTION 1748, 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-9) 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:
GETZLER & CO. CONSULTANTS
[ILLEGIBLE] TO UNITEL VIDEO, INC.
--------------------------------- ------------------------------
SIGNATURE OF RESPONSIBLE PARTY TITLE
BRIAN MITTMAN 7/7/00
--------------------------------- ------------------------------
PRINTED NAME OF RESPONSIBLE PARTY DATE
PREPARER:
CONSULTANT
[ILLEGIBLE] TO UNITEL VIDEO, INC.
--------------------------------- ------------------------------
SIGNATURE OF PREPARER TITLE
[ILLEGIBLE] 7/7/00
--------------------------------- ------------------------------
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 January and February Operating Reports Page 1
<TABLE>
<CAPTION>
----------------------------------------------------------------------------------------------------------------------------------
INCOME STATEMENT
--------------------------------------------------------------------------------------
Sep-99 Oct-99 Nov-99 Dec-99 Jan-00 Feb-00
<S> <C> <C> <C> <C> <C> <C>
----------------------------------------------------------------------------------------------------------------------------------
Revenues $2,365,691 $2,134,301 $1,907,497 $1,617,218 $1,722,591 $1,872,347
----------------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------------
Cost of Sales
----------------------------------------------------------------------------------------------------------------------------------
Rent $ 148,817 $ 151,527 $ 151,096 $ 157,126 $ 133,670 $ 133,670
----------------------------------------------------------------------------------------------------------------------------------
Payroll $ 354,647 $ 422,958 $ 336,332 $ 473,707 $ 363,798 $ 424,452
----------------------------------------------------------------------------------------------------------------------------------
Equipment leases $ 35,726 $ 23,144 $ 23,144 $ 28,909 $ 288,393 $ 122,478
----------------------------------------------------------------------------------------------------------------------------------
Other COGS $ 538,898 $ 641,690 $ 447,481 $ 347,907 $ 239,449 $ 266,839
----------------------------------------------------------------------------------------------------------------------------------
Total COGS $1,078,088 $1,239,319 $ 958,053 $1,007,649 $1,025,310 $ 947,439
----------------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------------
Operating Expenses
----------------------------------------------------------------------------------------------------------------------------------
Officer/insider compensation $ 74,173 $ 72,250 $ 54,875 $ 75,952 $ 47,515 $ 42,154
----------------------------------------------------------------------------------------------------------------------------------
Overhead payroll $ 76,799 $ 52,397 $ 46,904 $ 67,379 $ 30,355 $ 28,965
----------------------------------------------------------------------------------------------------------------------------------
Insurance $ 6,726 $ 10,216 $ 89,953 $ 6,726 $ 29,045 $ 22,468
----------------------------------------------------------------------------------------------------------------------------------
Other SG&A $ 84,473 $ 82,651 $ 57,962 $ 47,444 $ 78,995 $ 135,592
----------------------------------------------------------------------------------------------------------------------------------
Total Operating Expenses $ 242,171 $ 217,514 $ 249,694 $ 197,501 $ 185,910 $ 229,179
----------------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------------
Gain on sale of equipment $ 25,000 $ -- $ -- $(3,083,631) $ -- $ 14,000
----------------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------------
Depreciation & Amortization $ 428,747 $ 428,352 $ 420,715 $ 434,582 $ 425,341 $ 425,340
----------------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------------
Interest expense $ 287,112 $ 283,060 $ 277,175 $ 319,822 $ 291,065 $ 265,758
----------------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------------
Reorganization expenses
----------------------------------------------------------------------------------------------------------------------------------
Professional fees $ 252,832 $ 321,233 $ 312,921 $ 266,452 $ 283,032 $ 247,600
(Kaye Scholer, Getzeler, Heller, Houlihan-L)
----------------------------------------------------------------------------------------------------------------------------------
U.S. Trustee fees $ 1,000
----------------------------------------------------------------------------------------------------------------------------------
Total Reorganization Expenses $ 253,832 $ 321,233 $ 312,921 $ 266,452 $ 283,032 $ 247,600
----------------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------------
Net Profit (loss) $ 100,741 $ (355,177) $ (311,061) $(3,692,419) $ (488,087) $ (228,869)
----------------------------------------------------------------------------------------------------------------------------------
</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
<TABLE>
<CAPTION>
----------------------------------------------------------------------------------------------
BALANCE SHEET Jan-00 Feb-00
----------------------------------------------------------------------------------------------
<S> <C> <C>
Cash $ 45,216 $ 191,998
Net accounts receivable $ 2,349,943 $ 1,849,260
Prepaid corporate tax & expenses, deferred
tax asset $ 479,147 $ 484,922
----------------------------------------------------------------------------------------------
Total Current Assets $ 2,874,306 $ 2,526,180
----------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
Unitel Video January and February Operating Reports Page 2
<TABLE>
<S> <C> <C>
PP&E $ 79,603,038 $ 79,603,038
Accumulated depreciation $ 45,604,142 $ (46,017,982)
-----------------------------------------------------------------------------------------------------
Net PP&E $ 33,998,896 $ 33,585,056
-----------------------------------------------------------------------------------------------------
Deferred taxes $ 2,157,058 $ 2,157,058
Other Assets $ 1,952,834 $ 1,936,579
Goodwill $ 1,387,243 $ 1,375,743
-----------------------------------------------------------------------------------------------------
Total Assets $ 42,370,337 $ 41,580,616
-----------------------------------------------------------------------------------------------------
Prepetition accounts payable $ 7,288,034 $ 7,143,712
Postpetition accounts payable $ 794,673 $ 637,413
Accrued expenses $ 3,542,399 $ 3,738,353
Payroll & related expense $ 755,135 $ 825,111
Current maturity of secured long-term debt $ 19,788,655 $ 18,909,949
Current maturity of unsecured long-term debt $ 1,380,726 $ 1,355,990
-----------------------------------------------------------------------------------------------------
Total current liabilities $ 33,549,622 $ 32,605,528
-----------------------------------------------------------------------------------------------------
Secured long-term debt $ 12,791,869 $ 13,150,373
Unsecured long-term debt $ 947,081 $ 971,817
Accrued retirement expense $ 917,276 $ 917,276
-----------------------------------------------------------------------------------------------------
Long-term liabilities $ 14,656,226 $ 15,039,466
-----------------------------------------------------------------------------------------------------
Common stock $ 26,755 $ 26,755
Add'l paid-in capital $ 27,286,352 $ 27,286,352
Treasury stock $ (7,645,089) $ (7,645,089)
Retained earnings $ (20,851,414) $ (20,851,414)
YTD income/loss $ (4,652,115) $ (4,880,982)
-----------------------------------------------------------------------------------------------------
Total stockholders' equity $ (5,835,511) $ (6,064,378)
-----------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------
Total liabilities & stockholders' equity $ 42,370,337 $ 41,580,616
-----------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
January CASH RECEIPTS AND
DISBURSEMENTS Payroll NY Mobile Petty Cash Total
------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
1 Cash-Beginning of Month $ (1,732.00) $ 74,329.54 $ 18,934.20 $ 44,801.00 $ 136,332.74
RECEIPTS
2 Cash Sales $ -- $ --
3 Accounts Receivable
Collections $ 4,852.50 $
4 Loans & Advances $ -- $ 824,797.91 $ -- $ 824,797.91
5 Sale of Assets $ -- $ --
6 Lease & Rental Income $ --
7 Wages $ --
8 Other-Transfers between
accounts $ 442,814.11 $ 201,781.20 $ 92,750.00 $ -- $ 737,345.31
9 Total Receipts (Total
Lines 2-8) $ 442,814.11 $ 1,031,431.61 $ 92,750.00 $ -- $ 1,562,143.22
</TABLE>
<PAGE>
Unitel Video January and February Operating Reports Page 3
<TABLE>
<S> <C> <C> <C> <C> <C>
DISBURSEMENTS
10 Net Payroll $ 223,581.37 $ 442,814.11 $ 666,395.48
11 Payroll Taxes $ 156,500.73 $ - $ 156,500.73
12 Sales, Use & Other
Taxes Paid $ 250.00 $ 739.52 $ 989.52
13 Inventory Purchases $ $ - $ -
14 Mortgage Payments $ - $ -
15 Other Secured Note Payments $ - $ -
16 Rental & Lease Payments $ 262,846.77 $ - $ 262,846.77
17 Utilities $ 95,764.70 $ 4,661.11 $ 100,425.81
18 Insurance $ 23,750.20 $ 7,081.94 $ 977.00 $ 31,809.14
19 Vehicles Expenses $ 798.28 $ 2,557.48 $ 3,355.76
20 Travel $ 5,559.87 $ 3,684.10 $ 9,243.97
21 Entertainment $ - $ - $ -
22 Repairs & Maintenance $ 48,637.61 $ 1,038.66 $ 49,676.47
23 Supplies $ 8,114.29 $ 6,589.33 $ 14,703.62
24 Advertising $ -
25 Household Expenses $ -
26 Charitable Contributions $ -
27 Gifts $ -
28 Other (Attach List) $ 28,939.84 $ 69,305.90 $ 84,282.42 $ 14,801.00 $ 197,329.16
29 Total Lines 10-28 $ 433,022.14 $ 941,662.90 $ 103,790.30 $ 14,801.00 $ 1,493,276.43
REORGANIZATION EXPENSES
30 Professional Fees-KS, Getzler $ 180,000.00 $ 180,000.00
31 U.S. Trustee Fees $ - $ -
32 Other - Bankruptcy Services $ 9,735.55 $ 9,735.55
33 Total Lines 30-32 $ - $ 189,735.55 $ - $ - $ 189,735.55
34 Total Disbursements
(Line 29-33) $ 433,022.14 $1,131,398.54 $ 103,790.30 $ 14,801.00 $ 1,683,011.98
35 Net Cash Flow
(Line 9-Line 34) $ 9,791.97 $ (99,966.93) $ (11,040.30) $ (14,801.00) $ (120,868.76)
Reconciling Difference $ (27.42)
36 Cash-End of Month
(Line 1 + Line 35) $ 8,059.97 $ (25,664.81) $ 7,893.90 $ 30,000.00 $ 15,463.98
------------------------------------------------------------------------------------------------------------------------------------
28 OTHER CASH DISBURSEMENTS
Payroll NY Mobile Petty Cash Total
------------------------------------------------------------------------------------------------------------------------------------
Security $ 21,359.68 $ 130.00 $ 21,489.68
Utility Deposits $ - $ - $ -
Equipment Rental $ 11,632.82 $ 5,998.12 $ 17,630.94
Shipping, Postage
& Messenger $ 1,873.69 $ 3,925.92 $ 5,799.61
Bank Charges $ 228.00 $ 10.00 $ 238.00
Freelancers $ 5,695.87 $ - $ 5,695.87
401K $ 28,858.84 $ 28,858.84
</TABLE>
<PAGE>
Unitel Video January and February Operating Reports Page 4
<TABLE>
<S> <C> <C> <C> <C> <C>
Union Dues $ 81.00 $ 663.14 $ 744.14
Perdiems, Airfare, Hotels $ 22,493.43 $ 14,801.00 $ 37,294.43
Equipment R&M, Truck
Rentals, Fuel $ 13,913.57 $ 13,913.57
Miscellaneous $ 28,515.84 $ 37,148.24 $ - $ 65,664.08
Total Other Cash
Disbursements $ 28,939.84 $ 69,305.90 $ 84,282.42 $ 14,801.00 $ 197,329.16
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
February CASH RECEIPTS AND
DISBURSEMENTS Payroll NY Mobile Petty Cash Total
------------------------------------------------------------------------------------------------------------------------------------
1 Cash-Beginning of Month $ 8,080 $ (25,665) $ 7,894 $ 30,000 $ 20,289
RECEIPTS
2 Cash Sales $ 0 $ 0
3 Accounts Receivable
Collections $ 4,853 $ 0
4 Loans & Advances $ 0 $ 1,765,073 $ 0 $ 1,765,073
5 Sale of Assets $ 0 $ 0
6 Lease & Rental Income $ 0
7 Wages $ 0
8 Other-Transfers between
accounts $ 489,342 $ 0 $ 232,215 $ 0 $ 721,557
9 Total Receipts (Total
Lines 2-8) $ 489,342 $ 1,769,925 $ 232,215 $ 0 $ 2,486,630
DISBURSEMENTS
10 Net Payroll $ 270,268 $ 489,342 $ 759,610
11 Payroll Taxes $ 180,217 $ 0 $ 180,217
12 Sales, Use & Other
Taxes Paid $ 0 $ 61 $ 61
13 Inventory Purchases $ 0 $ 0
14 Mortgage Payments $ 0 $ 0
15 Other Secured Note Payments $ 0 $ 0
16 Rental & Lease Payments $ 564,109 $ 36,860 $ 600,969
17 Utilities $ 88,199 $ 22,871 $ 111,070
18 Insurance $ 7,132 $ 22,468 $ 0 $ 29,600
19 Vehicles Expenses $ 748 $ 2,103 $ 2,852
20 Travel $ 610 $ 10,540 $ 11,150
21 Entertainment $ 538 $ 0 $ 538
22 Repairs & Maintenance $ 68,341 $ 8,156 $ 76,497
23 Supplies $ 0 $ 8,397 $ 8,397
24 Advertising $ 0
25 Household Expenses $ 0
26 Charitable Contributions $ 0
27 Gifts $ 0
28 Other (Attach List) $ 29,258 $ 419,824 $ 122,593 $ 0 $ 571,675
29 Total Lines 10-28 $ 486,875 $ 1,654,240 $ 211,521 $ 0 $ 2,352,636
REORGANIZATION EXPENSES
</TABLE>
<PAGE>
Unitel Video January and February Operating Reports Page 5
<TABLE>
<S> <C> <C> <C> <C> <C>
30 Professional Fees-KS, Getzler $ 0 $ 0
31 U.S. Trustee Fees $ 0 $ 0
32 Other - Bankruptcy Services $ 0 $ 0
33 Total Lines 30-32 $ 0 $ 0 $ 0 $ 0 $ 0
34 Total Disbursements
(Line 29-33) $ 486,875 $1,654,240 $ 211,521 $ 0 $ 2,352,636
35 Net Cash Flow
(Line 9-Line 34) $ 2,467 $ 115,685 $ 20,694 $ 0 $ 133,994
Reconciling Difference $ 9
36 Cash-End of Month
(Line 1 + Line 35) $ 10,527 $ 90,029 $ 28,588 $ 30,000 $ 154,283
------------------------------------------------------------------------------------------------------------------------------------
28 OTHER CASH DISBURSEMENTS
Payroll NY Mobile Petty Cash Total
------------------------------------------------------------------------------------------------------------------------------------
Security $ 26,358 $ 0 $ 26,368
Utility Deposits $ 0 $ 0 $ 0
Equipment Rental $ 0 $ 0 $ 0
Shipping, Postage
& Messenger $ 1,775 $ 5,080 $ 6,855
Bank Charges $ 126 $ 90 $ 216
Freelancers $ 3,424 $ 3,900 $ 7,324
401K $ 29,015 $ 0 $ 29,015
Union Dues $ 243 $ 663 $ 906
Perdiems, Airfare, Hotels $ 5,519 $ 22,069 $ 27,689
Equipment R&M, Truck
Rentals, Fuel $ 20,336 $ 20,336
Miscellaneous $ 0 $ 388,142 $ 87,004 $ 0 $ 475,146
Total Other Cash
Disbursements $ 29,258 $ 419,824 $ 122,593 $ 22,069 $ 593,744
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
--------------------------------------------------------------
UNITEL OPERATING ACCOUNT
--------------------------------------------------------------
see attached exhibit
--------------------------------------------------------------
--------------------------------------------------------------
MELLON OPERATING ACCOUNT
--------------------------------------------------------------
see attached exhibit
--------------------------------------------------------------
<PAGE>
Unitel Video January and February Operating Reports Page 6
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------
JANUARY
------------------------------------------------------------------------------------------------
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 $43,023 $108,487 $44,809 $0
2 Total Deposits Not Credited
3 Outstanding Checks $32,934 $134,152 $36,915
4 +/- Other reconciling items (Attach List) -$2,029 $0
5 Month end balance per books $ 8,060 -$25,665 $ 7,894 $0
6 Number of last check written 1664/6175 9121 41621
</TABLE>
<TABLE>
<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 $ 3,867 $22,441
2 Total Deposits Not Credited $0 $0 $0 $0 $0
3 Outstanding Checks $0 $ 7,441
4 +/- Other reconciling items (Attach List) $15,000 $11,133 $0
5 Month and balance per books $0 $0 $15,000 $15,000 $15,000
6 Number of last check written
11 INVESTMENT ACCOUNTS - NONE
12 CURRENCY ON HAND $ 500
13 TOTAL CASH-END OF MONTH $35,789
</TABLE>
<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------
FEBRUARY
BANK RECONCILIATIONS ACCOUNT #1 ACCOUNT #2 ACCOUNT #3
-----------------------------------------------------------------------------------
<S> <C> <C> <C>
</TABLE>
<PAGE>
Unitel Video January and February Operating Reports Page 7
<TABLE>
<S> <C> <C> <C>
A BANK: Fleet Fleet Mellon
B ACCOUNT NUMBER: 9417-544821 9415-859803 038-5545
C PURPOSE (TYPE) Payroll A/P A/P
Balance per Bank Statement $51,559 $482,854 $98,168
Total Deposits Not Credited
Outstanding Checks $39,400 $392,825 $69,581
+/- Other reconciling items (Attach List) $ 1,631 $0
Month end balance per books $10,527 $ 90,029 $28,588
Number of last check written 1737/6187 9240 41785
</TABLE>
<TABLE>
<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 0920-519198 Imprest 0720089084 10-0959-6087
C PURPOSE (TYPE) Payroll A/P Petty Cash A/P A/P
Balance per Bank Statement $0 $0 $0 $ 917 $ 21,172
Total Deposits Not Credited $0 $0 $0 $0 $0
Outstanding Checks $0 $ 8,006
+/- Other reconciling items (Attach List) $15,000 $14,083 $0
Month and balance per books $0 $0 $15,000 $15,000 $ 15,000
Number of last check written
INVESTMENT ACCOUNTS - NONE
CURRENCY ON HAND $ 500
TOTAL CASH-END OF MONTH $174,564
</TABLE>
<TABLE>
<CAPTION>
-------------------------------------------------------------------------------
FLEET PAYROLL BANK RECONCILIATION- JAN
-------------------------------------------------------------------------------
<S> <C>
BALANCE PER BANK 01/31/2000 $43,023.18
LESS O/S CHECKS $32,933.95
ADJUSTED BANK BALANCE $10,089.23
BOOK BALANCE 01/31/2000 $ 8,060.15
</TABLE>
<PAGE>
Unitel Video January and February Operating Reports Page 8
<TABLE>
<S> <C>
DIFFERENCE $ 2,029.08
</TABLE>
<TABLE>
OUTSTANDING CHECK LIST:
CK # AMOUNT
<C> <S>
1079 $ 571.97
1141 $ 1,305.76
1346 $ 483.71
1608 $ 306.67
1614 $ 621.69
1640 $ 227.21
1641 $ 747.56
1642 $ 201.99
1643 $ 840.08
1644 $ 252.00
1645 $ 302.43
1646 $ 784.75
1647 $ 739.04
1648 $ 535.70
1649 $ 879.38
1650 $ 628.37
1651 $ 344.98
1652 $ 972.94
1653 $ 626.46
1654 $ 201.99
1655 $ 636.03
1656 $ 937.45
1657 $ 485.59
1658 $ 421.67
1659 $ 511.37
1660 $ 469.19
1661 $ 478.15
1662 $ 2,410.82
1663 $ 700.85
6175 $14,308.15
Total $32,933.85
-------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
-------------------------------------------------------------------------------
FLEET PAYROLL BANK RECONCILIATION - FEB
-------------------------------------------------------------------------------
<S> <C>
BALANCE PER BANK 02/29/2000 $51,558.82
LESS O/S CHECKS $38,275.88
ADJUSTED BANK BALANCE $13,282.94
</TABLE>
<PAGE>
Unitel Video January and February Operating Reports Page 9
<TABLE>
<S> <C>
BOOK BALANCE 02/29/2000 $10,527.44
DIFFERENCE $ 2,755.50
</TABLE>
<TABLE>
<CAPTION>
OUTSTANDING CHECK LIST:
CK # AMOUNT
<C> <S>
1141 $ 1,305.76
1346 $ 583.71
1608 $ 306.67
1674 $ 700.83
1697 $ 231.75
1705 $ 2,262.38
1708 $ 227.21
1709 $ 247.45
1710 $ 1,674.73
1711 $ 525.66
1712 $ 276.45
1714 $ 784.81
1715 $ 440.91
1716 $ 755.13
1717 $ 673.44
1718 $ 243.15
1719 $ 650.98
1720 $ 1,241.69
1721 $ 1,087.28
1722 $ 249.50
1723 $ 566.04
1724 $ 1,560.47
1725 $ 641.25
1729 $ 1,792.24
1733 $ 359.17
1735 $ 1,171.09
6183 $14,725.55
6184 $ 1,527.91
6185 $ 81.00
6186 $ 1,241.69
6187 $ 140.00
$38,275.88
-------------------------------------------------------------------------------
</TABLE>
<PAGE>
Unitel Video January and February Operating Reports Page 10
<TABLE>
<CAPTION>
-------------------------------------------------------------------------------
ACCOUNTS RECEIVABLE AGING Jan-00 Feb-00
-------------------------------------------------------------------------------
<S> <C> <C>
0-30 days old $ 1,795,549 $ 1,590,684
31-60 days old $ 273,412 $ 81,743
61-90 days old $ 63,428 $ 48,188
91+ days old $ 278,312 $ 192,184
TOTAL ACCOUNTS RECEIVABLE $ 2,410,701 $ 1,912,799
LESS NON-TRADE A/R $ 60,758 $ 63,539
ACCOUNTS RECEIVABLE (NET) $ 2,349,943 $ 1,849,260
-------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
---------------------------------------------------------------
AGING OF POSTPETITION ACCOUNTS PAYABLE
-----------------------------------------------------------------------------------------------------------------------------------
January 0-30 DAYS 31-60 DAYS 61-90 DAYS 91+ DAYS TOTAL
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
ACCOUNTS PAYABLE $ 477,990 $29,576 $27,523 $259,583 $794,672
-----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
---------------------------------------------------------------
AGING OF POSTPETITION ACCOUNTS PAYABLE
-----------------------------------------------------------------------------------------------------------------------------------
February 0-30 DAYS 31-60 DAYS 61-90 DAYS 91+ DAYS TOTAL
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
ACCOUNTS PAYABLE $ 206,278 $98,946 $45,082 $287,106 $637,412
-----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------------------------------------------------
STATUS OF POSTPETITION TAXES
JANUARY
-----------------------------------------------------------------------------------------------------------------------------------
AMOUNT
BEGINNING WITHHELD/ACC ENDING TAX DELINQUENT
TAX LIABILITY RUED AMOUNT PAID LIABILITY TAXES
-----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
FEDERAL
-----------------------------------------------------------------------------------------------------------------------------------
Withholding $ 61,443 $ 61,443 $ --
FICA - Employee $ 27,905 $ 27,905 $ --
FICA - Employer $ 27,905 $ 27,905 $ --
Unemployment $ 2,560 $ 2,560 $ --
Income
Other
-----------------------------------------------------------------------------------------------------------------------------------
Total Federal Taxes $ 119,813 $ 119,813 $ --
-----------------------------------------------------------------------------------------------------------------------------------
STATE & LOCAL
-----------------------------------------------------------------------------------------------------------------------------------
Withholding $ 17,806 $ 17,805
Sales $ 746 $ 55 $ 740 $ 61
Excise
Unemployment $ 16,553 $ 16,553
Real Property $ 129,874 $ -- $ -- $ 129,874
Personal Property
Commercial rent tax 78,487.32 $ -- $ -- $ 78,487
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL STATE AND LOCAL $ 209,107 $ 34,414 $ 35,098 $ 208,422
-----------------------------------------------------------------------------------------------------------------------------------
TOTAL TAXES $ 209,107 $ 154,227 $ 154,911 $ 208,422
-----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
PAYMENTS TO INSIDERS AND PROFESSIONALS
<PAGE>
Unitel Video January and February Operating Reports Page 11
INSIDERS
<TABLE>
<CAPTION>
---------------------------------------------------------------------------------------------
CUMULATIVE UNPAID
NAME POSITION TYPE OF PAYMENT AMOUNT PAID BALANCE
---------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
---------------------------------------------------------------------------------------------
TOTAL PAYMENTS TO INSIDERS $
---------------------------------------------------------------------------------------------
</TABLE>
PROFESSIONALS
<TABLE>
<CAPTION>
-------------------------------------------------------------------------------------------------------------------------
TYPE OF DATE OF COURT ORDER
NAME PROFESSIONAL AUTHORIZING PAYMENT AMOUNT APPROVED AMOUNT PAID DATE OF PAYMENT
-------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
Rosenman & Colin Legal services $66,400.00 14-Feb
-------------------------------------------------------------------------------------------------------------------------
</TABLE>
ADEQUATE PROTECTION PAYMENTS
<TABLE>
<CAPTION>
---------------------------------------------------------------------------------------------------------
SCHEDULED MONTHLY
NAME OF CREDITOR PAYMENTS DUE AMOUNTS PAID DURING MONTH TOTAL UNPAID POSTPETITION
---------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
Bear Stearns - mortgage $111,000 $111,000
Heller - term loan $100,000 $100,000
----------------------------------------------------------------------------------------------------------
</TABLE>
QUESTIONNAIRE
<TABLE>
<CAPTION>
-------------------------------------------------------------------------------------------------------------------------
YES NO
-------------------------------------------------------------------------------------------------------------------------
<S> <C> <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
-------------------------------------------------------------------------------------------------------------------------
</TABLE>
* Pursuant to Bankruptcy Court Order
<PAGE>
Unitel Video January and February Operating Reports Page 12
<TABLE>
<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>
<TABLE>
<CAPTION>
---------------------------------------------------------------------------------------------------------------------------------
INSURANCE POLICIES
---------------------------------------------------------------------------------------------------------------------------------
TYPE OF INSURANCE BROKER PAYMENT
---------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
Directors & Officers Liability; Misc. Professional ARC Excess & Surplus,
LLC - financing $6,725 monthly through
Liability; Pension Trust Fiduciary Liability through A1 Credit 3/00; expires 6/00
---------------------------------------------------------------------------------------------------------------------------------
Property Policy FM Global -- financing through AFCO Down payment -- $34,449;
7 installments of $11,849
---------------------------------------------------------------------------------------------------------------------------------
General liability; auto disability; mobile SCS Agency 9 payments of $10,113
liability; foreign liability, DICE; workers' commencing 12-3-99;
comp & two umbrella liability policies disability through 10/00
---------------------------------------------------------------------------------------------------------------------------------
Travel accident HG Enterprises Renewed through 11/00
---------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
---------------------------------------------------------------------------------------------------------------------------------
PERSONNEL - JANUARY
---------------------------------------------------------------------------------------------------------------------------------
FULL TIME PART TIME
---------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
1. Total number of employees at beginning of period 58 43
---------------------------------------------------------------------------------------------------------------------------------
2. Number of employees hired during the period 0 6
---------------------------------------------------------------------------------------------------------------------------------
3. Number of employees terminated or resigned during the period 0 20
---------------------------------------------------------------------------------------------------------------------------------
4. Total number of employees on payroll at end of period 58 29
---------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
---------------------------------------------------------------------------------------------------------------------------------
PERSONNEL - FEBRUARY
---------------------------------------------------------------------------------------------------------------------------------
FULL TIME PART TIME
---------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
1. Total number of employees at beginning of period 58 29
---------------------------------------------------------------------------------------------------------------------------------
2. Number of employees hired during the period 0 21
---------------------------------------------------------------------------------------------------------------------------------
3. Number of employees terminated or resigned during the period 0 4
---------------------------------------------------------------------------------------------------------------------------------
4. Total number of employees on payroll at end of period 58 46
---------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
---------------------------------------------------------------------------------------------------------------------------------
CHANGE OF ADDRESS
---------------------------------------------------------------------------------------------------------------------------------
<S> <C>
Mailing address has not changed
---------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
Unitel Video January and February Operating Reports Page 13
<TABLE>
<CAPTION>
FLEET OPERATING BANK RECONCILIATION FLEET OPERATING BANK RECONCILIATION
--------------------------------------------------- --------------------------------------------------------------
<S> <C> <C> <C>
BALANCE PER BANK 01/31/2000 $108,487.22 BALANCE PER BANK 02/28/2000 $482,853.72
LESS O/S CHECKS $134,152.03 LESS O/S CHECKS $392,824.85
ADJUSTED BANK BALANCE $ - ADJUSTED BANK BALANCE $ -
BOOK BALANCE 01/31/2000 $(25,664.81) BOOK BALANCE 02/28/2000 $ 90,028.87
DIFFERENCE $ - DIFFERENCE $ -
Outstanding Check List Outstanding Check List
Ck # Amount Ck # Amount
8132 $ 8,741.22 8132 $ 8,741.22
8206 $ 474.00 8206 $ 474.00
8297 $ 17.94 8297 $ 17.94
8318 $ 104.20 8318 $ 104.20
8404 $ 35,833.33 8416 $ 47.50
8461 $ 47.50 9032 $ 273.15
8485 $ 1,077.09 9066 $ 5,906.50
8545 $ 35,833.33 9087 $ 8,176.10
9000 $ 524.51 9126 $ 1,117.50
9032 $ 273.15 9156 $ 3,741.50
9042 $ 1,307.50 9160 $ 13,964.92
9066 $ 5,906.50 9166 $ 480.36
9070 $ 3,014.65 9167 $ 480.36
9071 $ 5,896.84 9169 $ 1,036.30
9073 $ 415.68 9176 $ 66,400.42
9076 $ 191.60 9178 $ 75.78
9077 $ 2,435.63 9180 $ 977.07
9078 $ 802.00 9183 $ 297.99
9079 $ 75.00 9187 $ 13,840.18
9082 $ 356.77 9193 $ 390.00
9087 $ 8,176.19 9194 $ 637.50
9096 $ 1,890.00 9195 $ 638.81
9097 $ 270.62 9197 $ 5.00
9098 $ 673.76 9198 $ 1,200.00
9099 $ 240.45 9207 $232,682.27
9100 $ 546.30 9208 $ 80.10
9101 $ 1,750.00 9209 $ 161.02
9103 $ 10.00 9210 $ 1,246.80
9104 $ 3,913.24 9211 $ 2,025.00
9105 $ 237.40 9212 $ 358.00
9106 $ 173.57 9214 $ 1,316.73
9107 $ 361.50 9215 $ 1,538.94
9108 $ 839.72 9216 $ 215.00
</TABLE>
<PAGE>
Unitel Video January and February Operating Reports Page 14
<TABLE>
<S> <C> <C> <C>
9109 $ 396.24 9217 $ 97.43
9110 $ 250.00 9218 $ 17.25
9111 $ 123.12 9219 $ 500.00
9112 $ 1,718.56 9221 $ 133.05
9113 $ 825.00 9223 $ 3,856.30
9114 $ 864.46 9224 $ 48.71
9117 $ 837.50 9225 $ 244.54
9226 $ 2,368.66
9227 $ 3,453.18
9228 $ 170.00
9229 $ 76.75
9230 $ 20.00
9232 $ 146.35
9234 $ 60.97
9235 $ 115.00
9236 $ 128.79
9237 $ 218.71
9239 $ 115.00
9240 $ 28.05
9350 $ 12,377.86
Total $127,426.09 Total $392,824.85
--------------------------------------------------- --------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
MELLON OPERATING BANK RECONCILIATION MELLON OPERATING BANK RECONCILIATION
--------------------------------------------------- --------------------------------------------------------------
<S> <C> <C> <C>
BALANCE PER BANK 01/31/2000 $ 44,808.65 BALANCE PER BANK 02/28/2000 $ 98,168.48
LESS O/S CHECKS $ 36,914.74 LESS O/S CHECKS $ 69,580.56
ADJUSTED BALANCE $ - ADJUSTED BALANCE $ -
BOOK BALANCE 01/31/2000 $ 7,893.91 BOOK BALANCE 02/28/2000 $ 28,587.92
DIFFERENCE $ - DIFFERENCE $ -
Ck # Amount Ck # Amount
39264 $ 2,105.00 39264 $ 2,105.00
39329 $ 251.32 39329 $ 251.32
39654 $ 105.60 39654 $ 105.60
40597 $ 1,199.70 40597 $ 1,199.70
41533 $ 154.25 41671 $ 121.50
41558 $ 88.60 41672 $ 42.00
41559 $ 144.15 41678 $ 57.66
41560 $ 54.00 41680 $ 75.50
41595 $ 94.86 41708 $ 977.00
41597 $ 977.00 41729 $ 390.63
41598 $ 111.60 41731 $ 14,000.00
</TABLE>
<PAGE>
Unitel Video January and February Operating Reports Page 15
<TABLE>
<S> <C> <C> <C>
41599 $ 9.50 71734 $ 323.51
41600 $ 26.39 41735 $ 536.50
41602 $ 300.00 41739 $ 448.22
41603 $ 437.72 41740 $ 1,185.95
41604 $ 5,013.10 41745 $ 5,379.67
41607 $ 55.00 41747 $ 0.70
41610 $ 90.00 41748 $ 787.50
41611 $ 136.12 41750 $ 7,919.77
41612 $ 165.00 41751 $ 128.78
41616 $ 1,260.00 41752 $ 77.48
41618 $ 3,191.00 41753 $ 45.85
41622 $ 8,860.00 41754 $ 1,260.00
41624 $ 2,145.35 41755 $ 12,545.00
41625 $ 292.53 41756 $ 343.25
41626 $ 1,125.00 41757 $ 3,150.00
41627 $ 146.57 41758 $ 7.92
41628 $ 1,680.00 41759 $ 267.50
41629 $ 1,719.38 41771 $ 100.09
41630 $ 800.00 41772 $ 2,207.32
41631 $ 412.64 41773 $ 45.57
41632 $ 1,800.00 41774 $ 4,450.11
41633 $ 1,353.59 41775 $ 95.00
41634 $ 518.95 41776 $ 150.00
41635 $ 290.83 41777 $ 1,685.33
41778 $ 1,909.35
41779 $ 294.53
41780 $ 300.00
41781 $ 1,634.96
41782 $ 1,651.84
41783 $ 593.94
41784 $ 149.91
41785 $ 579.10
Total $ 36,914.75 Total $ 69,580.56
--------------------------------------------------- --------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
-------------------------------------------------------------------------------------------------
PETTY CASH RECONCILIATION -- PITTSBURGH
-------------------------------------------------------------------------------------------------
Petty Cash Reimbursement as of: 1/31/00
<S> <C> <C> <C>
Miscellaneous
Per Diem 3000.7240.0060 $ 850.00
Met-Jan 3300.7240.0060 $ --
GA&E $ 14.44
EE Exp $ 53.44
$917.88
Accountable Log
Canby 3000.1510.0030 $(800.00)
Hajburs 3000.1510.0030 $ 800.00
Murrell 3000.1510.0030 $(750.00)
Barry 3000.1510.0030 $(467.14)
</TABLE>
<PAGE>
Unitel Video January and February Operating Reports Page 16
<TABLE>
<S> <C> <C> <C> <C>
Peggs 3000.1510.0030 $ (150.00)
Jones 3000.1510.0030 $ 150.00
Jones 3000.1510.0030 $ (200.00)
Will 3000.1510.0030 $ 50.00
Blelich 3000.1510.0030 $ 500.00
Morse 3000.1510.0030 $ (500.00)
Will $ (50.00)
Murrell $1,500.00
Heck $ (149.63)
$ (66.77)
Expense Reports Murrell $ 387.20
Barry $ 467.14
Jones $ 40.00
Heck $ 149.63
$1,043.97
Total Reimbursement $ 1,895.08
Cash on Hand
Cash $3,574.43
Total Cash on Hand $ 3,574.43
Past Reimbursement Due to Petty Cash $ 9,530.49
Total to Balance $15,000.00
</TABLE>
<TABLE>
<CAPTION>
-------------------------------------------------------------------------------------------------
PETTY CASH RECONCILIATION -- BURBANK
-------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
Burbank Petty Cash Reimbursement as of: 1/1/00
Miscellaneous
Page 1 Checks $ 420.27
Page 2 Cash Receipts $ 691.25
Page 3 Per Diem $ --
$ --
$ 1,111.52
Accountable Log
Geren 3000.1510.0030 $ (85.12)
Will, Mike 3000.1510.0030 $ --
Healy 3000.1510.0030 $ --
Samler 3000.1510.0030 $ --
Blachly 3000.1510.0030 $ --
$ (85.12)
Expense Reports 3300.8210.0100 $ --
$ --
Total Reimbursement $ 1,026.40
Cash on Hand
</TABLE>
<PAGE>
Unitel Video January and February Operating Reports Page 17
<TABLE>
<S> <C> <C> <C> <C> <C>
Cash $ 1,018.91
Checkbook $ 9,504.69
Total Cash on Hand $ 10,523.60
Past Reimbursement Due to Petty Cash $ --
Outstanding Advances
Hayes $ 1,000.00
Kendall $ 1,500.00
Martz $ 50.00
Nicholson $ 200.00
Geren $ 300.00
Gray $ 200.00
Finney $ 200.00
$ 3,450.00
Total to Balance $ 15,000.00
</TABLE>
<TABLE>
<CAPTION>
-------------------------------------------------------------------------------------------------
PETTY CASH RECONCILIATION -- PITTSBURGH
-------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
Petty Cash Reimbursement as of: 2/29/00
Miscellaneous
Per Diem 3000.7240.0060 $ 1,100.00
Met-Jan 3000.7240.0060 $ --
GA&E $ 1.59
EE Exp $ --
$ 1,101.59
Accountable Log
Canby 3000.1510.0030 $ (1,092.93)
Hajburs 3000.1510.0030 $ 500.00
Murrell 3000.1510.0030 $ (520.50)
Peggs 3000.1510.0030 $ (200.00)
Peggs 3000.1510.0030 $ 200.00
Jones 3000.1510.0030 $ (750.00)
Samler 3000.1510.0030 $ 250.00
Will 3000.1510.0030 $ --
Blelich 3000.1510.0030 $ 500.00
Morse 3000.1510.0030
Will $ --
Murrell $ (1,558.74)
Heck $ (183.25)
$ (2,855.42)
Expense Reports Murrell $ 520.50
Murrell $ 631.52
Canby $ 1,092.93
Heck $ 183.25
$ 2,428.20
Total Reimbursement $ 674.37
</TABLE>
<PAGE>
Unitel Video January and February Operating Reports Page 18
<TABLE>
<S> <C> <C> <C> <C> <C>
Cash on Hand
Cash $ 4,761.03
Total Cash on Hand $ 4,761.03
Past Reimbursement Due to Petty Cash $ 9,564.60
Total to Balance $ 15,000.00
</TABLE>
<TABLE>
<CAPTION>
-------------------------------------------------------------------------------------------------
PETTY CASH RECONCILIATION -- BURBANK
-------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
Burbank Petty Cash Reimbursement as of: 2/29/00
Miscellaneous
Page 1 Checks $ 5,523.72
Page 2 Cash Receipts $ 1,811.83
Page 3 Per Diem $ 150.00
$ --
$ 7,485.55
Accountable Log
Geren 3000.1510.0030 $ --
Will, Mike 3000.1510.0030 $ 500.00
Will, Mike 3000.1510.0030 $ (500.00)
Samler 3000.1510.0030 $ --
Blachly 3000.1510.0030 $ --
$ --
Expense Reports
Will, Mike 3300 8210 0100 $ 434.22
$ 434.22
Total Reimbursement $ 7,919.77
Cash on Hand
Cash $ 183.50
Checkbook $ 3,431.73
Total Cash on Hand $ 3,615.23
Past Reimbursement Due to Petty Cash $ --
Outstanding Advances
Hayes $ 1,000.00
Kendall $ 1,500.00
Martz $ 65.00
Nicholson $ 200.00
Geren $ 300.00
Gray $ 200.00
Finney $ 200.00
Total to Balance $ 3,465.00
$ 15,000.00
</TABLE>
<PAGE>
[FLEET BANK LOGO]
STATEMENT OF ACCOUNTS PAGE 1 OF 5
9415-859803
STATEMENT DATE
02/29/00
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 ST
SUITE 1240 ------------------
NEW YORK NY 10019 101 ENCLOSED ITEMS PLEASE REMIT TO:
FLEET BANK
CASH RESERVE
P.O. BOX 150456
HARTFORD, CT. 06115-0456
<TABLE>
<CAPTION>
DETACH
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
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 108487.22 1769925.38 1395558.88 .00 .00 482853.72
--------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
ACCOUNT NO. 9415-859803 COMMERCIAL CHECKING PERIOD 02/01/00 THROUGH 02/29/00
BUSINESS BANKING CENTER ACCESS CODE 7399
--------------------------------------------------------------------------------------------------------------------
- DEBITS AND CREDITS -
--------------------------------------------------------------------------------------------------------------------
DATE DEBITS (-) CREDITS (+) DESCRIPTION
<S> <C> <C> <C>
02-02 38,958.00 WIRE INCOMING FED
02/02/00 006578
9999000202006578
21279
MELLON BANK N.A.
02-02 30.51 PREAUTHORIZED DDA DEBIT
NDPS NDPSSTLMNT
200002 8788000152756
UNITEL NY
020000333976115 CCD
02-02 25.00 PREAUTHORIZED DDA DEBIT
NDPS NDPSSTLMNT
200002 8788000152772
UNITEL POST 38
020000333976253 CCD
02-02 25.00 PREAUTHORIZED DDA DEBIT
NDPS NDPSSTLMNT
200002 8788000152798
EDITEL-LA
020000333976116 CCD
02-09 254,748.25 WIRE INCOMING FED
02/09/00 005282
9999000209005282
18466
MELLON BANK N.A.
</TABLE>
<PAGE>
[FLEET BANK LOGO]
STATEMENT OF ACCOUNTS PAGE 2 OF 5
9415-859803
STATEMENT DATE
02/29/00
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 ST
SUITE 1240 ------------------
NEW YORK NY 10019 PLEASE REMIT TO:
FLEET BANK
CASH RESERVE
P.O. BOX 150456
HARTFORD, CT. 06115-0456
<TABLE>
<CAPTION>
DETACH
--------------------------------------------------------------------------------------------------------------------
ACCOUNT NO. 9415-859803 CONTINUED PERIOD 02/01/00 THROUGH 02/29/00
--------------------------------------------------------------------------------------------------------------------
- DEBITS AND CREDITS -
--------------------------------------------------------------------------------------------------------------------
DATE DEBITS (-) CREDITS (+) DESCRIPTION
<S> <C> <C> <C>
02-09 145,952.00 WIRE INCOMING FED
02/09/00 003905
9999000209003905
11113
MELLON BANK N.A.
02-10 255,931.06 REPETITIVE IBT VIA PC
02/10/00 002350
9999000210002350
2000021000381NTR
UNITEL VIDEO INC
02-14 96,946.00 WIRE INCOMING FED
02/14/00 006536
9999000214006536
27314
MELLON BANK N.A.
02-14 35.00 PRIOR MONTH SERVICE CHARGE
02-18 698,815.00 WIRE INCOMING FED
02/18/00 004301
9999000218004301
14953
MELLON BANK N.A.
02-18 126,926.00 PHONE CHIPS DEBIT
02/18/00 006085
9999000218006085
UNITEL VIDEO INC
CHARTER FINANCIAL INC
02-23 248,822.51 WIRE INCOMING FED
02/23/00 004655
9999000223004655
13918
MELLON BANK N.A.
</TABLE>
<PAGE>
[FLEET BANK LOGO]
STATEMENT OF ACCOUNTS PAGE 3 OF 5
9415-859803
STATEMENT DATE
02/29/00
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 ST
SUITE 1240 ------------------
NEW YORK NY 10019 PLEASE REMIT TO:
FLEET BANK
CASH RESERVE
P.O. BOX 150456
HARTFORD, CT. 06115-0456
<TABLE>
<CAPTION>
DETACH
--------------------------------------------------------------------------------------------------------------------
ACCOUNT NO. 9415-859803 CONTINUED PERIOD 02/01/00 THROUGH 02/29/00
--------------------------------------------------------------------------------------------------------------------
- DEBITS AND CREDITS -
--------------------------------------------------------------------------------------------------------------------
DATE DEBITS (-) CREDITS (+) DESCRIPTION
<S> <C> <C> <C>
02-24 233,411.12 WIRE INCOMING FED
02/24/00 006475
9999000224006475
17098
MELLON BANK N.A.
02-24 233,411.12 REPETITIVE IBT VIA PC
02/24/00 006613
9999000224006613
2000022401137NTR
UNITEL VIDEO INC
02-24 248,822.51 PHONE CHIPS DEBIT
02/24/00 003785
9999000224003785
UNITEL VIDEO INC
TERMINAL MARKETING
02-25 47,420.00 WIRE INCOMING FED
02/25/00 007206
9999000225007206
23010
MELLON BANK N.A.
02-28 4,852.50 PREAUTHORIZED DDA CREDIT
AMERICAN EXP SETTLEMENT
000226 6316930411
UNITEL VIDEO 6316930411
020000598708936 CCD
</TABLE>
<PAGE>
[FLEET BANK LOGO]
STATEMENT OF ACCOUNTS PAGE 4 OF 5
9415-859803
STATEMENT DATE
02/29/00
Questions?
Call our Business
116 Banking Center at
1-800-PARTNER
(1-800-727-8637)
UNITEL VIDEO INC CY CASH RESERVE PAYMENT
555 WEST 57TH ST ___________________
SUITE 1240 |___________________|
NEW YORK NY 10019
PLEASE REMIT TO:
FLEET BANK
CASH RESERVE
PO BOX 150456
HARTFORD, CT. 06115-0456
DETACH
<TABLE>
<CAPTION>
----------------------------------------------------------------------------------------------------------
ACCOUNT NO. 9415-859803 CONTINUED PERIOD 02/01/00 THROUGH 02/29/00
----------------------------------------------------------------------------------------------------------
- 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>
02-16 8404 35,833.33 02-07 9119* 6,725.94 02-16 9155 1,856.26
02-16 8485* 1,077.09 02-07 9122* 3,879.58 02-17 9157* 84.33
02-16 8545* 35,833.33 02-03 9123 180.00 02-17 9161* 24.75
02-16 9000* 524.51 02-11 9124 59.04 02-22 9162 3,142.06
02-07 9042* 1,307.50 02-16 9125 195.11 02-23 9163 240.18
02-01 9070* 3,014.65 02-10 9127* 189.43 02-18 9164 628.18
02-02 9071 5,896.84 02-09 9128 1,200.00 02-25 9165 16.52
02-01 9073* 415.68 02-10 9129 1,318.77 02-28 9168* 47.50
02-01 9076* 191.60 02-14 9130 102.65 02-14 9170* 10,618.97
02-02 9077 2,435.63 02-16 9131 309.85 02-22 9171 4,229.79
02-07 9078 802.00 02-16 9132 3,040.21 02-22 9172 361.44
02-22 9079 75.00 02-16 9133 4,558.92 02-18 9173 89.30
02-10 9082* 356.77 02-08 9134 215.00 02-28 9175* 377.68
02-11 9096* 1,890.00 02-07 9135 750.00 02-24 9177* 144,321.90
02-04 9097 270.62 02-11 9136 51,250.81 02-24 9179* 6,350.92
02-04 9098 673.78 02-14 9137 1,133.41 02-24 9181* 1,912.50
02-07 9099 240.45 02-14 9138 53,842.30 02-24 9182 125.00
02-09 9100 546.30 02-11 9139 1,140.60 02-24 9184* 184.09
02-01 9101 1,750.00 02-07 9140 7,350.18 02-24 9185 2,546.68
02-09 9103* 10.00 02-07 9142* 364.26 02-24 9186 136.45
02-04 9104 3,913.24 02-14 9143 670.52 02-24 9188* 7,478.99
02-03 9105 237.40 02-11 9144 51.53 02-24 9189 625.70
02-29 9106 173.57 02-16 9145 11,849.50 02-23 9190 95.72
02-02 9107 361.50 02-10 9146 553.50 02-24 9191 3,299.46
02-04 9108 839.72 02-07 9147 80.00 02-24 9192 433.00
02-09 9109 396.24 02-16 9148 35,833.33 02-28 9196* 385.00
02-09 9110 250.00 02-22 9149 8,422.77 02-25 9199* 1,024.45
02-10 9111 123.12 02-18 9150 24.00 02-29 9200 41.42
02-04 9112 1,718.56 02-16 9151 4,835.85 02-28 9201 7,500.00
02-09 9113 825.00 02-14 9152 7,661.94 02-22 9202 500.00
02-10 9114 864.46 02-16 9153 2,400.00 02-24 9203 629.59
02-03 9117* 837.50 02-17 9154 4,899.40 02-29 9204 4,246.95
</TABLE>
CONTINUED
-------------------------------------------------------------------------------
<PAGE>
[FLEET BANK LOGO]
STATEMENT OF ACCOUNTS PAGE 5 OF 5
9415-859803
STATEMENT DATE
02/29/00
Questions?
Call our Business
116 Banking Center at
1-800-PARTNER
(1-800-727-8637)
UNITEL VIDEO INC CY CASH RESERVE PAYMENT
555 WEST 57TH ST ___________________
SUITE 1240 |___________________|
NEW YORK NY 10019
PLEASE REMIT TO:
FLEET BANK
CASH RESERVE
PO BOX 150456
HARTFORD, CT. 06115-0456
DETACH
<TABLE>
<CAPTION>
----------------------------------------------------------------------------------------------------------
ACCOUNT NO. 9415-859803 CONTINUED PERIOD 02/01/00 THROUGH 02/29/00
----------------------------------------------------------------------------------------------------------
- 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>
02-28 9205 150.00 02-29 9213* 270.62 02-29 9233* 65.10
02-28 9206 180.00 02-28 9222* 7,358.84
</TABLE>
* DENOTES SEQUENCE BREAK
<TABLE>
<CAPTION>
----------------------------------------------------------------------------------------------------------
- DAILY BALANCE SUMMARY -
----------------------------------------------------------------------------------------------------------
DATE BALANCE DATE BALANCE DATE BALANCE
<S> <C> <C> <C> <C> <C>
02-01 103,115.29 02-10 241,049.13 02-22 620,799.05
02-02 133,298.81 02-11 186,657.15 02-23 869,285.66
02-03 132,043.91 02-14 209,538.36 02-24 452,418.87
02-04 124,627.99 02-16 71,391.07 02-25 498,797.90
02-07 103,128.08 02-17 66,382.59 02-28 487,651.38
02-08 102,913.08 02-18 637,530.11 02-29 482,853.72
02-09 500,385.79
</TABLE>
-------------------------------------------------------------------------------
<PAGE>
CHECKING 25 PNCBANK
PNC Bank
<TABLE>
<S> <C>
Primary account number: 10-0959-6087
FOR THE PERIOD 02/18/2000 TO 03/22/2000 Page 1 of 4
Number of enclosures: 0
UNITEL MOBILE VIDEO [logo] For 24-hour customer service or
ATTN GLEN M LEVINE current rates: Call 1-877-BUS-BKNG
4100 STEUBENVILLE PIKE
PITTSBURGH PA 15205-9643 [logo] Write to: Customer Service
PO Box 609
Pittsburgh, PA 15230-9738
[logo] Watch for our new E-mail address
Visit us at www.pncbank.com
[logo] TDD terminal: 1-800-531-1648
For hearing impaired clients only
-----------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<S> <C> <C>
CHECKING 25 SUMMARY Unitel Mobile Video
Account number: 10-0959-6087 Tax ID number: 23-1713238
Account Link-R- number: 02317173238
-----------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<S> <C> <C> <C> <C>
BALANCE SUMMARY
Beginning Deposits and Checks and other Ending
balance other additions deductions balance
28,754.98 37,196.46 25,204.95 40,746.49
Average ledger Average collected
balance balance
34,676.89 31,831.59
-----------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<S> <C> <C> <C> <C> <C>
DEPOSITS AND OTHER ADDITIONS CHECKS AND OTHER DEDUCTIONS
Description Items Amount Description Items Amount
Deposits 3 36,248.55 ATM Withdrawals and Deductions 88 25,199.95
ATM Deposits and Additions 3 947.91 Other Deductions 1 5.00
Total 6 37,196.46 Total 89 25,204.95
-----------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<S> <C> <C> <C> <C> <C>
DAILY BALANCE
Date Ledger balance Date Ledger balance Date Ledger balance
02/18 28,754.98 03/02 33,546.74 03/15 50,607.70
02/22 27,831.76 03/06 31,153.00 03/16 50,356.06
02/23 28,366.22 03/07 29,934.23 03/17 49,013.10
02/24 27,368.13 03/08 37,286.23 03/20 47,850.94
02/25 23,919.88 03/09 37,236.15 03/21 47,013.82
02/28 22,092.54 03/10 36,205.41 03/22 40,746.49
02/29 21,171.97 03/13 35,138.80
03/01 33,628.06 03/14 34,610.20
-----------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<S> <C> <C> <C>
ACTIVITY DETAIL
-----------------------------------------------------------------------------------------
DEPOSITS AND OTHER ADDITIONS
-----------------------------------------------------------------------------------------
DEPOSITS
Date Transaction Reference
posted Amount description number
03/01 12,856.55 Deposit 003199271
03/08 7,352.00 Deposit 003373663
03/15 16,040.00 Deposit 005903345
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
<S> <C>
CHECKING 25 PNCBANK
For 24-hour customer service FOR THE PERIOD 02/18/2000 TO 03/22/2000
CURRENT RATES: CALL 1-877-BUS-BNKG UNITEL MOBILE VIDEO
Primary account number: 10-0959-6087
Checking 25 Account number: 10-0959-6087 - continued Page 2 of 4
-------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
ATM DEPOSITS AND ADDITIONS
DATE TRANSACTION REFERENCE
POSTED AMOUNT DESCRIPTION NUMBER
<S> <C> <C> <C>
02/23 804.91 Check Card Credit Grass Valley (us) Inc 5304783676 Or 860088188817
03/06 89.50 Check Card Credit SOUTHWESTAIR5262707883 Dallas Tx 860055457773
03/06 53.50 Check Card Credit Holiday Inns La Mirada Ca 860014698418
-------------------------------------------------------------------------------------------------------------
CHECKS AND OTHER DEDUCTIONS
-------------------------------------------------------------------------------------------------------------
ATM WITHDRAWALS AND DEDUCTIONS
DATE TRANSACTION REFERENCE
POSTED AMOUNT DESCRIPTION NUMBER
02/22 185.85 Check Card Purchase Hilton Hotels Uinversal Ci Ca 860001138105
02/22 176.67 Check Card Purchase Warner Electric Bristol Ct 860088188817
02/22 112.95 Check Card Purchase Tektronix Inc. Beaverton Or 860088188817
02/22 89.50 Check Card Purchase SOUTHWESTAIR5262707883 Dallas Tx 860055457773
02/22 83.43 Check Card Purchase Polyline Corporation Elk Grove V Il 860088188817
02/22 75.21 Check Card Purchase Hampton Inn Wheeling WV 860050011195
02/22 75.00 Check Card Purchase USAir Los Angeles Ca 860055457773
02/22 69.76 Check Card Purchase Hampton Inn Wheeling WV 860083212497
02/22 54.85 Check Card Purchase Fireside Steakhouse Lake Placid NY 860088188817
02/23 228.45 Check Card Purchase Cdw* Computer Centers 800-800-4239 Il 860088188817
02/23 34.00 Check Card Purchase Pgh Intl Airport Pittsburgh PA 860055457773
02/23 8.00 Check Card Purchase Unocal 76 Beverly Hil Ca 860036082013
02/23 435.47 Check Card Purchase Kens Truck Tire Sale & Pittsburgh PA 860088188817
02/24 291.32 Check Card Purchase Courtyard By Marriott Los Angeles Ca 860036082013
02/24 119.90 Check Card Purchase Holiday Inns Airport N Atlanta Ga 860050011195
02/24 119.90 Check Card Purchase Holiday Inns Airport N Atlanta Ga 860050011195
02/24 20.00 Check Card Purchase Sgi* Stargate Industrie 412-3167827 PA 860055457773
02/24 11.50 Check Card Purchase Pgh Intl Airport Pittsburgh PA 860036082013
02/25 3,448.25 Check Card Purchase Sony Bus & Prof Group 4089554961 Ca 860088188817
02/28 876.40 Check Card Purchase Radission Hotel Midtow Los Angeles Ca 860001138105
02/28 837.90 Check Card Purchase Radission Hotel Midtow Los Angeles Ca 860014849599
02/28 52.66 Check Card Purchase Papa J's Pizza Pasta F Carnegie PA 860088188817
02/28 43.38 Check Card Purchase Mouser Electronics NJ 2013288360 NJ 860088188817
02/28 17.00 Check Card Purchase Pgh Intl Airport Pittsburgh PA 860055457773
02/29 364.14 Check Card Purchase Holiday Inns East Elmhur NY 860083212497
02/29 364.14 Check Card Purchase Holiday Inns East Elmhur NY 860050011195
02/29 160.50 Check Card Purchase Holiday Inns La Mirada Ca 860014698418
02/29 19.29 Check Card Purchase Unocal 76 Burlingame 860036082013
02/29 11.50 Check Card Purchase Pgh Intl Airport Pittsburgh PA 860083212497
02/29 1.00 Check Card Purchase Fairmount Hotels San Jo San Jose Ca 860036082013
03/01 160.50 Check Card Purchase Holiday Inns La Mirada Ca 860014698418
03/01 75.00 Check Card Purchase USAir Los Angeles Ca 860014698418
03/01 72.44 Check Card Purchase Sony Bus & Prof Group San Jose Ca 860088188817
03/01 40.00 Check Card Purchase Ikegami Electronics, U 201-3689171 NJ 860088188817
03/01 24.00 Check Card Purchase Burbank Glndl Pasdna A Burbank Ca 860057455916
03/01 17.25 Check Card Purchase Pgh Intl Airport Pittsburgh PA 860036082013
03/01 11.27 Check Card Purchase Radission Hotels Barcel Washington Dc 860040482019
03/02 53.50 Check Card Purchase Holiday Inns La Mirada Ca 860014698418
03/02 27.82 Check Card Purchase Charlie Brown's Parkin Coraopolis PA 860014698418
</TABLE>
ATM WITHDRAWALS AND DEDUCTIONS CONTINUED ON NEXT PAGE
<PAGE>
<TABLE>
<CAPTION>
<S> <C>
CHECKING 25 PNCBANK
For 24-hour customer service FOR THE PERIOD 02/18/2000 TO 03/22/2000
CURRENT RATES: CALL 1-877-BUS-BNKG UNITEL MOBILE VIDEO
Primary account number: 10-0959-6087
Checking 25 Account number: 10-0959-6087 - continued Page 3 of 4
-------------------------------------------------------------------------------------------------------------
ATM Withdrawals and Deductions - Continued
</TABLE>
<TABLE>
<CAPTION>
DATE TRANSACTION REFERENCE
POSTED AMOUNT DESCRIPTION NUMBER
<S> <C> <C> <C>
03/06 1,471.44 Check Card Purchase Sony Bus & Prof Group 4089554961 Ca 860088188817
03/06 444.50 Check Card Purchase Radisson Hotel Midtow Los Angeles Ca 860055457773
03/06 427.50 Check Card Purchase Radisson Hotel Midtow Los Angeles Ca 860040482019
03/06 85.32 Check Card Purchase Holiday Inns Philadelp Essington PA 860014698418
03/06 53.99 Check Card Purchase Motel 6 #1267 Essington PA 860014698418
03/06 53.99 Check Card Purchase Motel 6 #1267 Essington PA 860014698418
03/07 558.43 Check Card Purchase Hilton Hotels Universl Ci Ca 860083212497
03/07 384.52 Check Card Purchase Radisson Beverly Pavil Beverly Hill Ca 860014849599
03/07 85.32 Check Card Purchase Holiday Inns Philadelp Essington PA 860014698418
03/07 85.32 Check Card Purchase Holiday Inns Philadelp Essington PA 860014698418
03/07 62.68 Check Card Purchase Sony Bus & Prof Group San Jose CA 860088188817
03/07 42.50 Check Card Purchase Pgh Intl Airport Pittsburgh PA 860055457773
03/09 50.08 Check Card Purchase Sapporo Japanese Stkhs Pittsburgh PA 860088188817
03/10 479.45 Check Card Purchase Gepco International In Des Plaines Il 860088188817
03/10 225.25 Check Card Purchase Phoenix Rope and Corda Joliet Il 860088188817
03/10 164.65 Check Card Purchase Phoenix Rope and Corda Joliet Il 860088188817
03/10 157.25 Check Card Purchase Ramtronix Inc Deer Park NY 860088188817
03/10 4.14 Check Card Purchase Unocal 76 Burbank CA 860036082013
03/13 356.57 Check Card Purchase Hilton Hotels Universl Ci Ca 860001138105
03/13 344.30 Check Card Purchase Hilton Hotels Burbank Burbank Ca 860036082013
03/13 110.00 Check Card Purchase M C M Electronics 800-3451349 Oh 860099548751
03/13 96.93 Check Card Purchase Hilton Hotels/Los Ange Los Angeles Ca 860099548751
03/13 96.93 Check Card Purchase Hilton Hotels/Los Ange Los Angeles Ca 860040482019
03/13 61.88 Check Card Purchase Mc Master Carr Supp 630-834-96 Il 860099548751
03/14 478.20 Check Card Purchase Radisson Hotel Midtow Los Angeles Ca 860055457773
03/14 42.50 Check Card Purchase Leitch Incorporated 757-5482300 VA 860088188817
03/14 7.90 Check Card Purchase Texaco Inc 61106032003 Los Angeles Ca 860055457773
03/15 42.50 Check Card Purchase Pgh Intl Airport Pittsburgh PA 860055457773
03/16 126.90 Check Card Purchase Hilton Hotels/Los Ange Los Angeles Ca 860001138105
03/16 119.74 Check Card Purchase Hilton Hotels/Los Ange Los Angeles Ca 860036082013
03/17 561.82 Check Card Purchase Gepco International In Des Plaines Il 860099548751
03/17 394.00 Check Card Purchase Ramtronix Inc Deer Park NY 860099548751
03/17 266.40 Check Card Purchase Accubyte 630-8329200 Il 860099548751
03/17 120.74 Check Card Purchase Hilton Hotels/Los Ange Los Angeles Ca 860055457773
03/20 446.68 Check Card Purchase Radisson Hotels Empire New York NY 860055457773
03/20 445.68 Check Card Purchase Radisson Hotels Empire New York NY 860050011195
03/20 185.86 Check Card Purchase Hilton Hotels Universl Ci Ca 860001138105
03/20 72.44 Check Card Purchase Sony Bus & Prof Group San Jose Ca 860088188817
03/20 11.50 Check Card Purchase Pgh Intl Airport Pittsburgh PA 860050011195
03/21 139.52 Check Card Purchase Sahara Advance Reserva Las Vegas Nv 860088188817
03/21 139.52 Check Card Purchase Sahara Advance Reserva Las Vegas Nv 860057155916
03/21 139.52 Check Card Purchase Sahara Advance Reserva Las Vegas Nv 860055457773
03/21 139.52 Check Card Purchase Sahara Advance Reserva Las Vegas Nv 860049893398
03/21 139.52 Check Card Purchase Sahara Advance Reserva Las Vegas Nv 860048127111
03/21 139.52 Check Card Purchase Sahara Advance Reserva Las Vegas Nv 860001138105
03/22 3,500.00 Check Card Purchase Grass Valley (us) Inc 530-4783676 Or 860088188817
03/22 1,761.33 Check Card Purchase Grass Valley (us) Inc 530-4783676 Or 860049893398
</TABLE>
ATM Withdrawals and Deductions continued on next page
<PAGE>
<TABLE>
<CAPTION>
<S> <C>
CHECKING 25 PNCBANK
For 24-hour customer service FOR THE PERIOD 02/18/2000 TO 03/22/2000
CURRENT RATES: CALL 1-877-BUS-BNKG UNITEL MOBILE VIDEO
Primary account number: 10-0959-6087
Checking 25 Account number: 10-0959-6087 - continued Page 4 of 4
-------------------------------------------------------------------------------------------------------------
ATM Withdrawals and Deductions - Continued
</TABLE>
<TABLE>
<CAPTION>
DATE TRANSACTION REFERENCE
POSTED AMOUNT DESCRIPTION NUMBER
<S> <C> <C> <C>
03/22 931.00 Check Card Purchase Hilton Hotels Universal Ci Ca 860083212497
03/22 75.00 Check Card Purchase USAir Los Angeles Ca 860083212497
-------------------------------------------------------------------------------------------------------------
OTHER DEDUCTIONS
</TABLE>
<TABLE>
<CAPTION>
DATE TRANSACTION REFERENCE
POSTED AMOUNT DESCRIPTION NUMBER
<S> <C> <C> <C>
03/16 5.00 Card Replacement Fee 000000403 00 02:14
</TABLE>
<PAGE>
[MELLON BANK LOGO]
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
<TABLE>
<CAPTION>
PAGE: 1
ACCOUNT NUMBER: 038-5545
STATEMENT FROM: DEC 31, 1999
TO: JAN 31, 2000
BZ 110
---------------------------------------------------------------------------------------------------------------------------------
Account Summary
---------------------------------------------------------------------------------------------------------------------------------
ACTIVITY ITEMS DOLLAR SUBTOTALS DOLLAR TOTALS
<S> <C> <C> <C>
OPENING BALANCE 108,287.01
DEPOSITS 0 .00
WIRE TRANSFER CREDITS 3 92,750.00
OTHER CREDITS 0 .00
TOTAL CREDITS 3 92,750.00
CHECKS PAID 110 156,192.36
OTHER DEBTS 3 36.00
TOTAL DEBITS 113 156,228.36
CLOSING BALANCE 44,808.65
</TABLE>
<TABLE>
---------------------------------------------------------------------------------------------------------------------------------
Daily Transactions
---------------------------------------------------------------------------------------------------------------------------------
DATE TRANSACTION DESCRIPTION CHECKS/DEBITS DEPSITS/CREDITS
<S> <C> <C> <C>
12-31 CLOSING BALANCE PREVIOUS STATEMENT ......................................................................... 108,287.01
01-03 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 9,391.10
DAILY BALANCE ________________________________________________________ 98,895.91
01-04 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 14,322.32
DAILY BALANCE ________________________________________________________ 84,573.59
01-05 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 6,876.37
DAILY BALANCE ________________________________________________________ 77,697.22
01-06 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 441.80
DAILY BALANCE ________________________________________________________ 77,255.42
01-07 WIRE TRANSFER CREDIT........................................................................................ 20,429.00
CHECK(S) PAID (SEE CHECK DETAIL SECTION) 1,676.07
WIRE XFER SERVICE 1 ITEM(S) 12.00
DAILY BALANCE ________________________________________________________ 95,996.35
02-10 CHECK(S) PAID (SEE DETAIL SECTION) 7,821.71
DAILY BALANCE ________________________________________________________ 88,174.64
</TABLE>
<PAGE>
[MELLON BANK LOGO]
UNITEL MOBILE VIDEO A DIV OF
UNITEL VIDEO INC
<TABLE>
<CAPTION>
PAGE: 2
ACCOUNT NUMBER: 038-5545
TO: JAN 31, 2000
---------------------------------------------------------------------------------------------------------------------------------
Daily Transactions
---------------------------------------------------------------------------------------------------------------------------------
DATE TRANSACTION DESCRIPTION CHECKS/DEBITS DEPSITS/CREDITS
<S> <C> <C> <C>
01-11 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 6,451.53
DAILY BALANCE ________________________________________________________ 81,723.11
01-12 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 25,715.39
DAILY BALANCE ________________________________________________________ 56,007.72
01-13 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 6,887.28
DAILY BALANCE ________________________________________________________ 49,120.44
01-14 WIRE TRANSFER CREDIT........................................................................................ 36,382.00
CHECK(S) PAID (SEE CHECK DETAIL SECTION) 2,989.10
WIRE XFER SERVICE 1 ITEM(S) 12.00
DAILY BALANCE ________________________________________________________ 82,501.34
01-18 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 1,821.22
DAILY BALANCE ________________________________________________________ 80,680.12
01-19 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 23,126.03
DAILY BALANCE ________________________________________________________ 57,554.09
01-20 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 1,437.64
DAILY BALANCE ________________________________________________________ 56,116.45
01-21 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 2,639.21
DAILY BALANCE ________________________________________________________ 53,477.24
01-24 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 3,814.44
DAILY BALANCE ________________________________________________________ 49,662.80
01-25 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 2,044.63
DAILY BALANCE ________________________________________________________ 47,618.17
01-26 WIRE TRANSFER CREDIT........................................................................................ 35,939.00
CHECK(S) PAID (SEE CHECK DETAIL SECTION) 28,689.68
WIRE XFER SERVICE 1 ITEM(S) 12.00
DAILY BALANCE ________________________________________________________ 54,855.49
01-27 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 2,235.31
DAILY BALANCE ________________________________________________________ 52,620.18
01-28 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 2,123.54
DAILY BALANCE ________________________________________________________ 50,496.64
01-31 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 5,687.99
CLOSING BALANCE ________________________________________________________ 44,808.65
</TABLE>
<TABLE>
<CAPTION>
----------------------------------------------------------------------------------------------------------
Check Detail
----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
CHECK NO. AMOUNT DATE REFERENCE NO. CHECK NO. AMOUNT DATE REFERENCE NO.
41361 261.91 01-05 200776662 41484 5,681.29 01-05 200776661
41450* 83.25 01-06 200104027 41485 283.68 01-05 800517826
41462* 2,654.08 01-12 500336893 41494* 210.48 01-10 200782484
41476* 47.32 01-04 200511339 41495 61.35 01-10 200782936
41478* 5,564.00 01-03 100230230 41499* 649.49 01-05 400285148
41481* 275.00 01-04 600384828 41503* 3,285.00 01-03 100198912
41482 542.10 01-03 100215655 41506* 14,000.00 01-04 100508665
41483 2,031.00 01-11 600469660 41507 69.17 01-25 600581235
</TABLE>
<PAGE>
[MELLON BANK LOGO]
<TABLE>
<CAPTION>
UNITEL MOBILE VIDEO A DIV OF PAGE: 3
UNITEL VIDEO INC ACCOUNT NUMBER: 038-5545
STATEMENT TO: JAN 31, 2000
----------------------------------------------------------------------------------------------------------
Check Detail
----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
CHECK NO. AMOUNT DATE REFERENCE NO. CHECK NO. AMOUNT DATE REFERENCE NO.
41508 45.10 01-06 100444953 41566 43.00 01-24 600151912
41509 90.00 01-06 400671294 41567 39.50 01-24 100911355
41510 285.50 01-13 500529891 41568 589.22 01-24 700654910
41511 370.43 01-11 80300504761 41569 65.00 01-21 100601773
41512 25.81 01-11 600260456 41570 1,356.59 01-20 700029181
41513 450.00 01-11 300511308 41571 294.42 01-24 100912255
41514 574.93 01-12 700486825 41572 1,099.93 01-24 700654911
41515 99.53 01-11 800057017 41573 1,104.50 01-21 100604844
41516 3,137.50 01-11 300511309 41574 1,576.07 01-19 200183458
41517 3,221.68 01-13 600714194 41575 1,000.00 01-25 700729971
41518 125.00 01-10 200782843 41577* 395.00 01-21 100588426
41519 550.00 01-18 100347912 41578 235.00 01-25 700726814
41520 98.45 01-06 100439636 41579 160.50 01-21 700202333
41521 9.50 01-11 300581517 41580 663.14 01-25 500403980
41522 10.22 01-19 200024073 41581 174.23 01-26 100331472
41523 50.00 01-19 200024074 41582 437.55 01-19 200183436
41524 173.32 01-10 700000972 41583 1,676.91 01-24 100900131
41526* 1,719.38 01-10 700048477 41584 217.31 01-27 100595747
41527 20.00 01-11 300575529 41585 1,784.00 01-26 100443604
41528 546.81 01-10 200781722 41586 2,018.00 01-27 700437858
41529 1,576.07 01-07 500790437 41587 21.95 01-21 100584986
41530 10,000.00 01-12 800238530 41588 178.54 01-28 200317498
41531 125.00 01-06 100137490 41589 7,075.00 01-19 700637171
41532 3,640.42 01-10 800757079 41590 77.32 01-25 500417281
41534* 100.00 01-07 400861649 41591 500.00 01-21 100601868
41535 1,344.95 01-10 400228006 41592 126.00 01-21 600017626
41536 1,390.00 01-12 500333710 41593 10,000.00 01-26 100279885
41537 100.00 01-19 100190507 41594 166.80 01-28 300870480
41538 65.95 01-20 100424317 41596* 300.00 01-28 400026569
41539 307.36 01-11 200257205 41601* 649.49 01-31 400761060
41540 796.38 01-12 200374197 41605* 855.18 01-31 100000207
41541 15.10 01-20 400599857 41606 1,274.04 01-31 500262587
41542 64.60 01-19 100899193 41608* 71.10 01-28 200160513
41543 9.69 01-13 100845425 41609 331.45 01-26 300551871
41544 71.60 01-13 400173885 41613* 600.00 01-28 400069970
41545 7.12 01-19 600558371 41614 10,000.00 01-26 200857229
41546 2,598.37 01-19 100893797 41615 6,400.00 01-26 500570377
41547 233.10 01-19 100190506 41617* 475.00 01-28 400069969
41548 135.00 01-19 200144682 41619* 332.10 01-28 200296962
41549 658.03 01-18 700333405 41620 605.34 01-31 400662291
41550 366.48 01-14 300018699 41621 2,303.94 01-31 500262588
41551 2,622.62 01-14 700000441
41552 248.36 01-21 100614303
41553 317.17 01-18 100587849
41554 130.00 01-19 100925113
41555 180.00 01-13 500631320
41556 3,118.81 01-13 600713317
41557 10,300.00 01-12 100609535
41561* 296.00 01-18 100346842
41562 10,709.00 01-19 200055704
41563 17.90 01-21 700248630
41564 14.96 01-24 100901781
41565 47.50 01-24 500138230
*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.
</TABLE>
<PAGE>
[FLEET BANK LOGO]
STATEMENT OF ACCOUNTS PAGE 1 OF 5
9415-859803
STATEMENT DATE
01/31/00
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 ST
SUITE 1240 ------------------
NEW YORK NY 10019 139 ENCLOSED ITEMS PLEASE REMIT TO:
FLEET BANK
CASH RESERVE
P.O. BOX 150456
HARTFORD, CT. 06115-0456
<TABLE>
<CAPTION>
DETACH
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
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 174743.58 1031431.61 1097687.97 .00 .00 108487.22
--------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
ACCOUNT NO. 9415-859803 COMMERCIAL CHECKING PERIOD 01/01/00 THROUGH 01/31/00
BUSINESS BANKING CENTER ACCESS CODE 7399
--------------------------------------------------------------------------------------------------------------------
- DEBITS AND CREDITS -
--------------------------------------------------------------------------------------------------------------------
DATE DEBITS (-) CREDITS (+) DESCRIPTION
<S> <C> <C> <C>
01-04 65.51 PREAUTHORIZED DDA DEBIT
NDPS NDPSSTLMNT
200001 8788000152756
UNITEL NY
020000047569365 CCD
01-04 60.00 PREAUTHORIZED DDA DEBIT
NDPS NDPSSTLMNT
200001 8788000152798
EDITEL-LA
020000047569366 CCD
01-04 60.00 PREAUTHORIZED DDA DEBIT
NDPS NDPSSTLMNT
200001 8788000152772
UNITEL POST 38
020000047569539 CCD
01-07 243,679.00 WIRE INCOMING FED
01/07/00 004721
9999000107004721
14131
MELLON BANK N.A.
01-10 90,000.00 PHONE CHIPS DEBIT
01/10/00 004415
9999000110004415
UNITEL VIDEO INC
GETZLER AND CO., INC.
</TABLE>
<PAGE>
[FLEET BANK LOGO]
STATEMENT OF ACCOUNTS PAGE 2 OF 5
9415-859803
STATEMENT DATE
01/31/00
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 ST
SUITE 1240 ------------------
NEW YORK NY 10019 PLEASE REMIT TO:
FLEET BANK
CASH RESERVE
P.O. BOX 150456
HARTFORD, CT. 06115-0456
<TABLE>
<CAPTION>
DETACH
--------------------------------------------------------------------------------------------------------------------
ACCOUNT NO. 9415-859803 CONTINUED PERIOD 01/01/00 THROUGH 01/31/00
--------------------------------------------------------------------------------------------------------------------
- DEBITS AND CREDITS -
--------------------------------------------------------------------------------------------------------------------
DATE DEBITS (-) CREDITS (+) DESCRIPTION
<S> <C> <C> <C>
01-12 201,781.20 WIRE INCOMING FED
01/12/00 005649
9999000112005649
20556
MELLON BANK N.A.
01-12 201,781.20 REPETITIVE IBT VIA PC
01/12/00 006355
9999000112006355
2000011201388NTR
UNITEL VIDEO INC
01-14 135,998.00 WIRE INCOMING FED
01/14/00 006501
9999000114006501
21964
MELLON BANK N.A.
01-14 70.00 PRIOR MONTH SERVICE CHARGE
01-18 83,900.00 WIRE INCOMING FED
01/18/00 006580
9999000118006580
17233
MELLON BANK N.A.
01-18 167,800.00 PHONE CHIPS DEBIT
01/18/00 003940
9999000118003940
UNITEL VIDEO INC
CHARTER FINANCIAL INC
01-19 4,852.50 PREAUTHORIZED DDA CREDIT
AMERICAN EXP SETTLEMENT
000119 6316930411
UNITEL VIDEO6316930411
020000190869688 CCD
</TABLE>
<PAGE>
[FLEET BANK LOGO]
STATEMENT OF ACCOUNTS PAGE 3 OF 5
9415-859803
STATEMENT DATE
01/31/00
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 ST
SUITE 1240 ------------------
NEW YORK NY 10019 PLEASE REMIT TO:
FLEET BANK
CASH RESERVE
P.O. BOX 150456
HARTFORD, CT. 06115-0456
<TABLE>
<CAPTION>
DETACH
--------------------------------------------------------------------------------------------------------------------
ACCOUNT NO. 9415-859803 CONTINUED PERIOD 01/01/00 THROUGH 01/31/00
--------------------------------------------------------------------------------------------------------------------
- DEBITS AND CREDITS -
--------------------------------------------------------------------------------------------------------------------
DATE DEBITS (-) CREDITS (+) DESCRIPTION
<S> <C> <C> <C>
01-25 25,000.00 REPETITIVE IBT VIA PC
01/25/00 002706
9999000125002706
2000012500349NTR
UNITEL VIDEO INC
01-26 361,220.91 WIRE INCOMING FED
01/26/00 005908
9999000126005908
20049
MELLON BANK N.A.
01-27 216,032.91 REPETITIVE IBT VIA PC
01/27/00 002851
9999000127002851
2000012700332NTR
UNITEL VIDEO INC
01-28 90,000.00 PHONE CHIPS DEBIT
01/28/00 003967
9999000128003967
UNITEL VIDEO INC
GETZLER & CO INC
</TABLE>
<PAGE>
[FLEET BANK LOGO]
STATEMENT OF ACCOUNTS PAGE 4 OF 5
9415-859803
STATEMENT DATE
01/31/00
Questions?
Call our Business
116 Banking Center at
1-800-PARTNER
(1-800-727-8637)
UNITEL VIDEO INC CY CASH RESERVE PAYMENT
555 WEST 57TH ST ___________________
SUITE 1240 |___________________|
NEW YORK NY 10019
PLEASE REMIT TO:
FLEET BANK
CASH RESERVE
PO BOX 150456
HARTFORD, CT. 06115-0456
DETACH
<TABLE>
<CAPTION>
----------------------------------------------------------------------------------------------------------
ACCOUNT NO. 9415-859803 CONTINUED PERIOD 01/01/00 THROUGH 01/31/00
----------------------------------------------------------------------------------------------------------
- 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>
01-05 8397 472.40 01-10 8512 238.41 01-27 9002 411.32
01-19 8316* 50.00 01-10 8513 855.18 01-18 9003 41.25
01-12 8431* 476.00 01-05 8514 74.40 01-14 9004 179.84
01-06 8446* 939.25 01-04 8515 25.00 01-18 9006* 133.14
01-07 8452* 2,392.60 01-05 8518* 2,625.74 01-18 9008* 3,170.99
01-04 8465* 3,352.37 01-11 8519 55.00 01-18 9009 2,573.22
01-07 8482* 800.00 01-07 8520 303.93 01-19 9010 985.00
01-12 8483 1,217.50 01-05 8522* 449.98 01-14 9011 800.40
01-20 8484 160.00 01-20 8523 95.26 01-19 9012 1,004.76
01-19 8486* 1,594.51 01-10 8524 10,113.30 01-14 9013 437.06
01-04 8487 112.50 01-11 8525 11,849.50 01-14 9014 282.80
01-10 8491* 10.12 01-21 8526 160.00 01-14 9015 967.76
01-03 8492 155.68 01-05 8527 421.92 01-28 9016 325.73
01-04 8493 300.00 01-20 8528 65.00 01-28 9017 346.33
01-05 8494 25.94 01-10 8529 27,982.60 01-28 9018 461.35
01-05 8495 400.00 01-11 8530 195.11 01-18 9019 3,009.93
01-03 8496 6,725.94 01-10 8531 4,346.38 01-18 9020 5,784.35
01-24 8497 223.00 01-07 8532 500.00 01-18 9021 12,243.61
01-10 8498 1,318.77 01-10 8533 27,202.60 01-18 9022 4,610.98
01-03 8499 270.62 01-06 8534 2,435.63 01-18 9023 12,281.31
01-10 8500 840.09 01-10 8535 503.30 01-18 9024 10,054.14
01-11 8501 334.93 01-07 8536 3,453.18 01-19 9025 240.00
01-05 8502 543.64 01-10 8537 4,151.39 01-14 9026 4,719.70
01-10 8503 34.00 01-10 8538 2,811.02 01-26 9027 1,100.00
01-13 8504 231.00 01-24 8539 2,400.00 01-14 9028 3,048.00
01-10 8505 157.08 01-11 8540 7,211.62 01-20 9029 64.63
01-04 8506 518.68 01-24 8541 356.00 01-18 9030 129.00
01-10 8507 1,450.33 01-11 8542 2,000.00 01-18 9031 916.89
01-18 8508 344.72 01-13 8543 132.37 01-19 9033* 111.36
01-06 8509 10.83 01-14 8544 6,188.93 01-18 9034 553.05
01-13 8510 1,379.42 01-13 8546* 4,985.55 01-18 9035 7,403.22
01-10 8511 431.05 01-26 9001* 4,750.00 01-19 9036 1,244.87
</TABLE>
CONTINUED
-------------------------------------------------------------------------------
<PAGE>
[FLEET BANK LOGO]
STATEMENT OF ACCOUNTS PAGE 5 OF 5
9415-859803
STATEMENT DATE
01/31/00
Questions?
Call our Business
116 Banking Center at
1-800-PARTNER
(1-800-727-8637)
UNITEL VIDEO INC CY CASH RESERVE PAYMENT
555 WEST 57TH ST ___________________
SUITE 1240 |___________________|
NEW YORK NY 10019
PLEASE REMIT TO:
FLEET BANK
CASH RESERVE
PO BOX 150456
HARTFORD, CT. 06115-0456
DETACH
<TABLE>
<CAPTION>
----------------------------------------------------------------------------------------------------------
COUNT NO. 9415-859803 CONTINUED PERIOD 01/01/00 THROUGH 01/31/00
----------------------------------------------------------------------------------------------------------
- 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>
01-20 9037 6,300.00 01-25 9054 2,920.58 01-27 9069 1,800.00
01-19 9038 390.00 01-25 9055 415.68 01-27 9072* 333.90
01-19 9039 3,139.25 01-20 9056 230.03 01-24 9075* 7,204.04
01-20 9040 1,392.60 01-20 9057 92.01 01-26 9080* 327.00
01-19 9043* 359.02 01-21 9058 36.81 01-27 9081 818.00
01-19 9044 1,639.44 01-19 9059 1,007.60 01-31 9083* 691.00
01-18 9045 231.38 01-19 9060 1,244.87 01-25 9084 116.00
01-26 9046 1,403.82 01-19 9061 34.80 01-25 9085 343.42
01-26 9047 2,118.95 01-19 9062 16.25 01-26 9088* 8,795.31
01-20 9048 62.66 01-20 9063 5,212.24 01-24 9091* 21.00
01-20 9049 1,392.00 01-28 9064 739.52 01-27 9092 750.00
01-18 9050 828.48 01-24 9065 165.00 01-27 9093 500.00
01-18 9051 2,207.14 01-27 9067* 89.31 01-27 9095* 2,265.00
01-25 9052 415.68 01-28 9068 2,400.00 01-31 9102* 7,653.28
01-25 9053 2,868.62
</TABLE>
* DENOTES SEQUENCE BREAK
<TABLE>
<CAPTION>
----------------------------------------------------------------------------------------------------------
- DAILY BALANCE SUMMARY -
----------------------------------------------------------------------------------------------------------
DATE BALANCE DATE BALANCE DATE BALANCE
<S> <C> <C> <C> <C> <C>
01-03 167,591.34 01-12 195,142.16 01-24 123,459.02
01-04 163,097.28 01-13 188,413.82 01-25 91,379.01
01-05 158,083.26 01-14 307,717.33 01-26 434,104.87
01-06 154,697.55 01-18 157,300.53 01-27 211,104.43
01-07 390,926.84 01-19 149,091.30 01-28 116,831.50
01-10 218,481.82 01-20 134,024.87 01-31 108,487.22
01-11 196,835.66 01-21 133,828.06
</TABLE>
-------------------------------------------------------------------------------
<PAGE>
[FLEET BANK LOGO]
STATEMENT OF ACCOUNTS PAGE 1 OF 3
9417-544821
STATEMENT DATE
01/30/00
Questions?
Call our Business
116 Banking Center at
1-800-PARTNER
(1-800-727-8637)
CASH RESERVE PAYMENT
UNITEL VIDEO INC CY ------------------
PAYROLL
555 WEST 57TH ST ------------------
SUITE 1240 61 ENCLOSED ITEMS PLEASE REMIT TO:
NEW YORK NY 10019 FLEET BANK
CASH RESERVE
PO BOX 150456
HARTFORD, CT. 06115-0456
<TABLE>
<CAPTION>
DETACH
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
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 38341.27 466564.31 461882.40 .00 .00 43023.18
--------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
ACCOUNT NO. 9417-544821 COMMERCIAL CHECKING PERIOD 01/01/00 THROUGH 01/31/00
BUSINESS BANKING CENTER ACCESS CODE 0571
--------------------------------------------------------------------------------------------------------------------
- DEBITS AND CREDITS -
--------------------------------------------------------------------------------------------------------------------
DATE DEBITS (-) CREDITS (+) DESCRIPTION
<S> <C> <C> <C>
01-12 201,781.20 WIRE INTERNAL BOOK TRANS CR
01/12/00 006355
9999000112006355
2000011201388NTR
UNITEL VIDEO INC
01-13 74,768.84 PREAUTHORIZED DDA DEBIT
ADP TX/FINCL ADP - TAX
000113 94K1H 011402A01
UNITEL VIDEO INC
020000130189017 CCD
01-13 1,312.23 PREAUTHORIZED DDA DEBIT
ADP TX/FINCL ADP - TAX
000113 94K1H 011402B02
UNITEL VIDEO INC
020000130188392 CCD
01-14 99,113.08 PREAUTHORIZED DDA DEBIT
AUTOMATIC DA PAYROLL
022050 K1HA01231713238
UNITEL VIDEO INC
020000129072497 PPD
01-25 25,000.00 WIRE INTERNAL BOOK TRANS CR
01/25/00 002706
9999000125002706
2000012500349NTR
UNITEL VIDEO INC
01-25 23,750.20 RETURNED CHECK
</TABLE>
<PAGE>
[FLEET BANK LOGO]
STATEMENT OF ACCOUNTS PAGE 1 OF 3
9417-544821
STATEMENT DATE
01/30/00
Questions?
Call our Business
116 Banking Center at
1-800-PARTNER
(1-800-727-8637)
CASH RESERVE PAYMENT
UNITEL VIDEO INC CY ------------------
PAYROLL
555 WEST 57TH ST ------------------
SUITE 1240 PLEASE REMIT TO:
NEW YORK NY 10019 FLEET BANK
CASH RESERVE
PO BOX 150456
HARTFORD, CT. 06115-0456
<TABLE>
<CAPTION>
DETACH
--------------------------------------------------------------------------------------------------------------------
ACCOUNT NO. 9417-544821 CONTINUED PERIOD 01/01/00 THROUGH 01/31/00
--------------------------------------------------------------------------------------------------------------------
- DEBITS AND CREDITS -
--------------------------------------------------------------------------------------------------------------------
DATE DEBITS (-) CREDITS (+) DESCRIPTION
<S> <C> <C> <C>
01-27 216,032.91 WIRE INTERNAL BOOK TRANS CR
01/27/00 002851
9999000127002851
2000012700332NTR
UNITEL VIDEO INC
01-27 79,403.63 PREAUTHORIZED DDA DEBIT
ADP TX/FINCL ADP - TAX
000127 94K1H 012803A01
UNITEL VIDEO INC
020000272620670 CCD
01-27 1,016.03 PREAUTHORIZED DDA DEBIT
ADP TX/FINCL ADP - TAX
000127 94K1H 012803B02
UNITEL VIDEO INC
020000272620144 CCD
01-28 95,212.64 PREAUTHORIZED DDA DEBIT
AUTOMATIC DA PAYROLL
034037 K1HA01231713238
UNITEL VIDEO INC
020000211536290 PPD
</TABLE>
<PAGE>
[FLEET BANK LOGO]
STATEMENT OF ACCOUNTS PAGE 3 OF 3
9417-544821
STATEMENT DATE
01/31/00
Questions?
Call our Business
116 Banking Center at
1-800-PARTNER
(1-800-727-8637)
Cash Reserve Payment
___________________
UNITEL VIDEO INC CY ___________________
PAYROLL PLEASE REMIT TO:
555 WEST 56TH ST FLEET BANK
NEW YORK NY 10019 CASH RESERVE
PO BOX 150456
HARTFORD, CT 06115-0456
DETACH
<TABLE>
<CAPTION>
----------------------------------------------------------------------------------
ACCOUNT NO. 9417-544821 CONTINUED PERIOD 01/01/00 THROUGH 01/31/00
----------------------------------------------------------------------------------
-CHECKS POSTED- -CHECKS POSTED- -CHECKS POSTED-
----------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
DATE CHECK NO. AMOUNT DATE CHECK NO. AMOUNT DATE CHECK NO. AMOUNT
01-05 1461 249.32 01-12 1610 427.65 01-18 1633 1,544.87
01-31 1495* 482.64 01-03 1611 227.86 01-19 1634 197.46
01-31 1522* 917.13 01-06 1612 272.48 01-18 1635 1,410.58
01-31 1552* 695.18 01-05 1613 581.88 01-31 1636 1,858.47
01-05 1579* 1,193.83 01-06 1615* 731.00 01-31 1637 1,499.93
01-31 1580 917.13 01-05 1616 231.22 01-31 1638 567.40
01-11 1587* 231.22 01-05 1617 669.99 01-31 1639 742.24
01-03 1591* 544.90 01-03 1618 518.61 01-31 1664* 1,124.33
01-03 1596* 798.21 01-04 1619 511.37 01-03 6159* 81.00
01-04 1597 729.68 01-25 1620 434.41 01-06 6164* 8,514.79
01-04 1598 592.50 01-06 1621 774.46 01-07 6165 81.00
01-27 1599 609.61 01-07 1622 814.36 01-11 6166 1,744.39
01-06 1600 578.91 01-11 1623 2,050.17 01-06 6167 240.00
01-05 1601 829.29 01-11 1625* 294.31 01-07 6168 1,537.41
01-05 1602 621.69 01-11 1626 874.21 01-04 6169 340.00
01-06 1603 552.11 01-03 1627 473.36 01-21 6170 14,550.69
01-07 1604 237.24 01-18 1628 1,858.47 01-25 6171 81.00
01-04 1605 438.43 01-18 1629 567.39 01-28 6172 23,750.20
01-05 1606 438.43 01-18 1630 772.89 01-24 6172* 23,750.20
01-11 1607 232.40 01-20 1631 925.74 01-26 6173 250.00
01-06 1609* 438.43 01-24 1632 849.88
</TABLE>
* DENOTES SEQUENCE BREAK
<TABLE>
<CAPTION>
----------------------------------------------------------------------------------
-DAILY BALANCE SUMMARY-
----------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
DATE BALANCE DATE BALANCE DATE BALANCE
01-03 35,697.33 01-13 133,343.29 01-24 12,197.960D
01-04 33,085.35 01-14 34,230.21 01-25 36,036.83
01-05 28,269.70 01-18 28,076.01 01-26 35,786.83
01-06 16,167.52 01-19 27,878.55 01-27 170,790.47
01-07 13,497.51 01-20 26,952.81 01-28 51,827.63
01-11 8,070.81 01-21 12,402.12 01-31 43,023.18
01-12 209,424.36
----------------------------------------------------------------------------------
</TABLE>
<PAGE>
[BANK OF AMERICA LOGO]
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
YOUR BANK OF AMERICA
P.O. Box 3530 BUSINESS CHECKING
Rancho Cordova, CA 95741-3530 STATEMENT
0217
E 7-2
STATEMENT PERIOD:
JANUARY 1 THROUGH JANUARY 31, 2000
ACCOUNT NUMBER: 02177-04548
UNITEL VIDEO, INC. AT YOUR SERVICE
1101 ISABEL ST Call: 818-507-6700, 24 hours,
BURBANK, CA 91506-1405 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
<TABLE>
----------------------------------------------- ----------------------------------------------
<S> <C> <C> <C>
Beginning Balance on 01/01/00 $3,866.84 Number of checks paid 7
--------------------------------------------- ---------------------------------------------
Total Deposits and Other Credits + 9,062.01 Number of 24 Hour Customer Service Calls
--------------------------------------------- Self-Service 0
Total Checks, Withdrawals, Assisted 0
Transfers, Account Fees - 3,261.71
---------------------------------------------
ENDING BALANCE $9,667.14
---------------------------------------------
</TABLE>
-------------------------------------------------------------------------------
/ / IMPORTANT INFORMATION ABOUT YOUR ACCOUNT
-------------------------------------------------------------------------------
Based on the average balance you've maintained in this account, your monthly
service charge has been waived.
-------------------------------------------------------------------------------
/ / DEPOSITS
<TABLE>
<CAPTION>
----------------------------------------------- -----------------------------------------------
Number Date Posted Amount Number Date Posted Amount
<S> <C> <C> <C>
01/04 $ 5,943.20 TOTAL OF 2 DEPOSITS $9,062.01
01/12 3,118.81
</TABLE>
-------------------------------------------------------------------------------
/ / CHECKS PAID * Gap in check sequence
<TABLE>
<CAPTION>
----------------------------------------------- -----------------------------------------------
Date Paid Number Amount Date Paid Number Amount
<S> <C> <C> <S> <C> <C>
01/04 1018 $2,660.00 01/31 1027 174.70
01/10 *1022 75.00 01/24 1028 46.05
01/06 1023 268.89 01/31 1029 13.47
01/18 *1026 23.60 TOTAL OF 7 CHECKS PAID $3,261.71
</TABLE>
Continued on next page California Page 1 of 2
0027600 001-423
<PAGE>
[BANK OF AMERICA LOGO]
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
STATEMENT PERIOD: JANUARY 1 THROUGH JANUARY 31, 2000
ACCOUNT NUMBER: 02177-04548
-------------------------------------------------------------------------------
/ / DAILY BALANCE
-------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Date Amount Date Amount Date Amount
<S> <C> <C> <C> <C> <C>
01/04 $7,150.04 01/12 9,924.96 01/31 9,667.14
01/06 6,881.15 01/18 9,901.36
01/10 6,806.15 01/24 9,855.31
</TABLE>
-------------------------------------------------------------------------------
/ / FACTS - FDIC INSURED ACCOUNT DISCLOSURE INFORMATION
-------------------------------------------------------------------------------
Please read this carefully for fee changes that are effective March 5, 2000.
Insufficient Funds Fee: Beginning with the 4th day through the 6th day,
during the preceding 12-month period on which you have an insufficient funds
item, we will charge you $24 for each item up to a daily maximum charge of
$96. The fees that apply to each of these items on days 1 through 3 ($10 with
a daily maximum of $40) and on days 7 or more ($27 with a maximum of $108)
are not changing. Stop Payment Order Fee: This fee changes to $18; it does
not apply to a Prima Account. If you have questions, please call Customer
Service.
0027600 002-423 California Page 2 of 2
<PAGE>
-----------------------
Checking 25 PNCBANK
PNC Bank
Primary account number: 10-0959-6087
FOR THE PERIOD 01/21/2000 TO 02/17/2000 Page 1 of 3
Number of enclosures: 0
UNITEL MOBILE VIDEO For 24-hour customer service or
ATTN GLEN M LEVINE current rates: Call 1-877-BUS-BNKG
4100 STEUBENVILLE PIKE
PITTSBURGH PA 15205-9643 Write to: Customer Service
PO Box 609
Pittsburgh, PA 15230-9738
Watch for our new E-mail address
Visit us at www.pncbank.com
TDD terminal: 1-800-531-1648
For hearing impaired clients only
<TABLE>
<S> <C> <C>
--------------------------------------------------------------------------------------------------------
CHECKING 25 SUMMARY Unitel Mobile Video
Account number: 10-0959-6087 Tax ID number: 23-1713238
Account Link-Registered Trademark-
number: 0231713238
</TABLE>
<TABLE>
<S> <C> <C> <C> <C>
--------------------------------------------------------------------------------------------------------
BALANCE SUMMARY Beginning Deposits and Checks and other Ending
balance other additions deductions balance
17,873.62 24,380.75 13,499.39 28,754.98
Average ledger Average collected
balance balance
21,609.39 20,124.39
</TABLE>
<TABLE>
<S> <C> <C> <C> <C> <C>
--------------------------------------------------------------------------------------------------------
DEPOSITS AND OTHER ADDITIONS CHECKS AND OTHER DEDUCTIONS
Description Items Amount Description Items Amount
Deposits 3 24,040.00 ATM Withdrawals and Deductions 50 13,499.39
ATM Deposits and Additions 1 340.75
Total 4 24,380.75 TOTAL 50 13,499.39
</TABLE>
<TABLE>
<S> <C> <C> <C> <C> <C>
--------------------------------------------------------------------------------------------------------
DAILY BALANCE
Date Ledger balance Date Ledger balance Date Ledger balance
01/21 17,765.47 01/31 22,440.95 02/09 23,780.02
01/24 17,690.47 02/01 22,411.80 02/10 23,769.08
01/25 16,074.87 02/02 21.971.95 02/11 23,386.39
01/26 25,451.77 02/03 18,313.99 02/14 22,946.90
01/27 23,828.17 02/07 18,168.09 02/16 22,917.55
01/28 22,996.65 02/08 26,208.09 02/17 28,754.98
</TABLE>
<TABLE>
<S> <C> <C> <C>
--------------------------------------------------------------------------------------------------------
ACTIVITY DETAIL
--------------------------------------------------------------------------------------------------------
DEPOSITS AND OTHER ADDITIONS
--------------------------------------------------------------------------------------------------------
DEPOSITS
Date Transaction Reference
posted Amount description number
01/26 10,000.00 Deposit 003683734
02/08 8,040.00 Deposit 005245478
02/17 6,000.00 Deposit H205796808
--------------------------------------------------------------------------------------------------------
ATM DEPOSITS AND ADDITIONS
Transaction Reference
Posted Amount description number
02/14 340.75 Check Card Credit USAir Winstonsale NC 0055457773
</TABLE>
<PAGE>
CHECKING 25 PNCBANK
For 24-hour customer service or FOR THE PERIOD 01/21/2000 TO 02/17/2000
current rates: Call 1-877-BUS-BNKG UNITEL MOBILE VIDEO
Primary account number: 10-0959-6087
Banking 25 Account number: Page 2 of 3
10-0959-6087 - continued
--------------------------------------------------------------------------------
CHECKS AND OTHER DEDUCTIONS
--------------------------------------------------------------------------------
ATM WITHDRAWALS AND DEDUCTIONS
<TABLE>
<CAPTION>
Date Transaction Reference
posted Amount description number
<S> <C> <C> <C>
01/21 70.00 Check Card Purchase Network Solutions 703-7424777 VA B60038188817
01/21 38.15 POS Purchase 2000 Scott Blvd Moon Townshi PA POS 04935
01/24 55.00 Check Card Purchase Pei Genesis Phila PA B60088188817
01/24 20.00 Check Card Purchase Sgi*Stargate Industrie 412-3167827 PA B60055457773
01/25 1,016.95 Check Card Purchase Grass Valley (us) Inc 5304783676 Or B60088188817
01/25 377.81 Check Card Purchase Bella Luna Restaurant 5045291583 La B60042827070
01/25 220.84 Check Card Purchase Radisson Hotels Empire New York NY B60049893398
01/26 623.10 Check Card Purchase Compudigital Industrie 800-9324678 Ca B60057455916
01/27 1,056.88 Check Card Purchase The Beverly Hilton Beverly Hil Ca B60001138105
01/27 566.72 Check Card Purchase Ramtronix Inc Deer Park NY B60088188817
01/28 779.34 Check Card Purchase Newark Electronics 773-9075740 Il B60088188817
01/28 52.18 Check Card Purchase jdr Microdevices, Inc. 800-5385000 Ca B60088188817
01/31 204.00 Check Card Purchase Scharff Weisberg Inc New York NY B60088188817
01/31 147.61 Check Card Purchase Hampton Inns Norfolk Norfolk VA B60040482019
01/31 144.96 Check Card Purchase Hampton Inns Norfolk Norfolk VA B60055457773
01/31 28.75 Check Card Purchase Pgh Intl Airport Pittsburgh PA B60036082013
01/31 17.00 Check Card Purchase Pgh Intl Airport Pittsburgh PA B60055457773
01/31 13.38 Check Card Purchase Sony Bus & Prof Group 4089554961 Ca B60055457773
01/31 11.50 Check Card Purchase Pgh Intl Airport Pittsburgh PA B60036082013
02/01 11.25 Check Card Purchase Shell No. 54517100019 Charlottesv VA B60055457773
02/01 6.40 Check Card Purchase CITG00321 Otter 3 Hapeville Ga B60036082013
02/02 97.46 Check Card Purchase Doubletree Hotels Charlottesv VA B60055457773
02/02 97.46 Check Card Purchase Doubletree Hotels Charlottesv VA B60055457773
02/02 97.46 Check Card Purchase Doubletree Hotels Charlottesv VA B60040482019
02/02 75.00 Check Card Purchase USAir Richmond VA B60040482019
02/02 46.97 Check Card Purchase Jdr Microdevices, Inc. 800-5385000 Ca B60088188817
02/02 25.50 Check Card Purchase Pgh Intl Airport Pittsburgh PA B60055457773
02/03 3,452.23 Check Card Purchase Grass Valley (us) Inc 5304783676 Or B60088188817
02/03 148.66 Check Card Purchase McMaster Carr Supp 630-834-96 Il B60088188817
02/03 57.07 Check Card Purchase Jdr Microdevices, Inc 800-5385000 Ca B60088188817
02/07 77.15 Check Card Purchase Tektronix Inc Beaverton Or B60088188817
02/07 68.75 Check Card Purchase Countryman Assoc Inc 650-3649988 Ca B60088188817
02/09 1,584.03 Check Card Purchase Sony Bus & Prof Group 4089554961 Ca B60088188817
02/09 769.04 Check Card Purchase Radisson Beverly Pavil Beverly Hil Ca B60040482019
02/09 75.00 Check Card Purchase USAir Los Angeles Ca B60040482019
02/10 10.94 Check Card Purchase Dod Electronics Corp Sandy Ut B60088188817
02/11 269.76 Check Card Purchase Band Pro Film Video In 8188419655 Ca B60088188817
02/11 59.94 Check Card Purchase Tonas Graphics Inc Pittsburgh PA B60088188817
02/11 27.25 Check Card Purchase Charlie Brown's Parkin Coraopolis PA B60014698418
02/11 25.74 Check Card Purchase Mouser Electronics Ca 6194492300 Ca B60088188817
02/14 497.00 Check Card Purchase Ramtronix Inc Deer Park NY B60088188817
02/14 94.00 Check Card Purchase Triad Universal 330-8476597 Oh B60088188817
02/14 92.41 Check Card Purchase McMaster Carr Supp 630-834-96 Il B60088188817
02/14 54.44 Check Card Purchase Beyerdynamic 516-2933200 NY B60088188817
02/14 42.39 Check Card Purchase Mouser Electronics NJ 2013288360 NJ B60088188817
02/16 21.60 Check Card Purchase Mouser Electrncs Dsh C 800-3466873 Tx B60088188817
</TABLE>
<PAGE>
CHECKING 25 PNCBANK
For 24-hour customer service or FOR THE PERIOD 01/21/2000 TO 02/17/2000
current rates: Call 1-877-BUS-BNKG UNITEL MOBILE VIDEO
Primary account number: 10-0959-6087
Banking 25 Account number: Page 3 of 3
10-0959-6087 - continued
--------------------------------------------------------------------------------
ATM WITHDRAWALS AND DEDUCTIONS - continued
<TABLE>
<CAPTION>
Date Transaction Reference
posted Amount description number
<S> <C> <C> <C>
02/16 7.75 Check Card Purchase Mouser Electrncs Dsb C 8174738479 B60088188817
02/17 82.82 Check Card Purchase Sony Bus & Prof Group San Jose Ca B60088188817
02/17 51.00 Check Card Purchase Pgh Intl Airport Pittsburgh PA B60055457773
02/17 28.75 Check Card Purchase Pgh Intl Airport Pittsburgh PA B60036082013
</TABLE>
<PAGE>
[MELLON BANK LOGO]
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: JAN 31, 2000
TO: FEB 29, 2000
BZ 127
<TABLE>
<CAPTION>
---------------------------------------------------------------------------------
ACCOUNT SUMMARY
---------------------------------------------------------------------------------
ACTIVITY ITEMS DOLLAR SUBTOTALS DOLLAR TOTALS
<S> <C> <C> <C>
OPENING BALANCE 44,808.65
DEPOSITS 0 .00
WIRE TRANSFER CREDITS 5 232,215.00
OTHER CREDITS 0 .00
TOTAL CREDITS 5 232,215.00
CHECKS PAID 127 178,765.17
OTHER DEBITS 6 90.00
TOTAL DEBITS 133 178,855.17
CLOSING BALANCE 98,168.48
<CAPTION>
---------------------------------------------------------------------------------
DAILY TRANSACTIONS
---------------------------------------------------------------------------------
DATE TRANSACTION DESCRIPTION CHECKS/DEBITS DEPOSITS/CREDITS
<S> <C> <C> <C>
01-31 CLOSING BALANCE PREVIOUS STATEMENT...................... 44,808.65
02-01 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 8,596.88
DAILY BALANCE__________________ 36,211.77
02-02 WIRE TRANSFER CREDIT.................................... 56,626.00
CHECK(S) PAID (SEE CHECK DETAIL SECTION) 12,257.46
WIRE XFER SERVICE 1 ITEM(S) 12.00
DAILY BALANCE__________________ 80,568.31
02-03 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 1,358.10
DAILY BALANCE__________________ 79,210.21
02-04 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 11,032.00
DAILY BALANCE__________________ 68,178.21
02-07 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 1,842.86
DAILY BALANCE__________________ 66,335.35
02-08 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 16,142.00
DAILY BALANCE__________________ 50,193.35
</TABLE>
<PAGE>
[MELLON BANK LOGO]
UNITEL MOBILE VIDEO A DIV OF PAGE: 2
UNITEL VIDEO INC ACCOUNT NUMBER: 038-5545
STATEMENT TO: FEB 29, 2000
<TABLE>
<CAPTION>
---------------------------------------------------------------------------------
DAILY TRANSACTIONS
---------------------------------------------------------------------------------
DATE TRANSACTION DESCRIPTION CHECKS/DEBITS DEPOSITS/CREDITS
<S> <C> <C> <C>
02-09 WIRE TRANSFER CREDIT.................................... 49,055.00
CHECK(S) PAID (SEE CHECK DETAIL SECTION) 1,763.27
WIRE XFER SERVICE 1 ITEM(S) 12.00
DAILY BALANCE__________________ 97,473.08
02-10 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 7,513.77
DAILY BALANCE__________________ 89,959.31
02-11 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 11,324.42
DAILY BALANCE__________________ 78,634.89
02-14 WIRE TRANSFER CREDIT.................................... 34,921.00
CHECK(S) PAID (SEE CHECK DETAIL SECTION) 3,122.29
WIRE XFER SERVICE 1 ITEM(S) 12.00
DAILY BALANCE__________________ 110,421.60
02-15 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 13,346.49
DAILY BALANCE__________________ 97,075.11
02-16 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 4,225.85
DAILY BALANCE__________________ 92,849.26
02-17 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 6,944.36
DAILY BALANCE__________________ 85,904.90
02-18 WIRE TRANSFER CREDIT.................................... 61,256.00
CHECK(S) PAID (SEE CHECK DETAIL SECTION) 3,765.94
WIRE XFER SERVICE 1 ITEM(S) 12.00
DAILY BALANCE__________________ 143,382.96
02-22 STOP PAYMENT CHARGE 30.00
CHECK(S) PAID (SEE CHECK DETAIL SECTION) 3,387.92
DAILY BALANCE__________________ 139,965.04
02-23 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 16,193.71
DAILY BALANCE__________________ 123,771.33
02-24 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 2,553.15
DAILY BALANCE__________________ 121,218.18
02-25 WIRE TRANSFER CREDIT.................................... 30,357.00
CHECK(S) PAID (SEE CHECK DETAIL SECTION) 8,062.35
WIRE XFER SERVICE 1 ITEM(S) 12.00
DAILY BALANCE__________________ 143,500.83
02-28 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 16,366.11
DAILY BALANCE__________________ 127,134.72
02-29 CHECK(S) PAID (SEE CHECK DETAIL SECTION) 28,966.24
CLOSING BALANCE________________ 98,168.48
</TABLE>
<PAGE>
[MELLON BANK LOGO]
UNITEL MOBILE VIDEO A DIV OF PAGE: 3
UNITEL VIDEO INC ACCOUNT NUMBER: 038-5545
STATEMENT TO: FEB 29, 2000
--------------------------------------------------------------------------------
Check Detail
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
CHECK NO. AMOUNT DATE REFERENCE NO. CHECK NO. AMOUNT DATE REFERENCE NO.
<S> <C> <C> <C> <C> <C> <C> <C>
41725 417.80 02-23 800081343 41659 24.45 02-15 100193601
41533* 154.25 02-01 100165978 41660 231.44 02-16 800261718
41558* 88.60 02-03 200414286 41661 1,698.12 02-16 700108804
41559 144.15 02-24 500641849 41662 41.20 02-15 100268045
41560 54.00 02-11 200267782 41663 301.06 02-15 300253975
41595* 94.86 02-02 100512515 41664 396.25 02-15 100260106
41597* 977.00 02-04 800408784 41665 50.00 02-15 700849879
41598 111.60 02-02 600459276 41667* 459.16 02-18 600117325
41599 9.50 02-03 700395451 41668 5,000.00 02-08 80100768027
41600 26.39 02-01 100164845 41669 8,040.00 02-08 600674656
41602* 300.00 02-10 200849870 41670 336.82 02-11 700464821
41603 437.72 02-01 800130587 41673* 1,470.00 02-14 300002666
41604 5,013.10 02-01 800130586 41674 434.08 02-11 200304411
41607* 55.00 02-04 400459643 41675 10,000.00 02-15 100117670
41610* 90.00 02-22 400036492 41677* 1,800.00 02-22 400024777
41611 136.12 02-01 400916031 41678 71.61 02-25 200310217
41612 165.00 02-01 400894743 41679 1,081.85 02-16 700105814
41616* 1,260.00 02-03 400390520 41681* 154.58 02-23 800112980
41618* 3,191.00 02-02 500448620 41682 3,150.00 02-23 500527412
41622* 8,860.00 02-02 700277616 41683 248.36 02-22 400036941
41624* 2,145.35 02-01 400894744 41684 100.00 02-23 500570296
41625 292.53 02-10 100252741 41685 550.00 02-29 100397314
41626 1,125.00 02-08 400262730 41686 123.40 02-16 500787898
41627 146.57 02-10 200923741 41687 24.45 02-22 400031669
41628 1,680.00 02-11 700403282 41688 410.00 02-18 600117248
41629 1,719.38 02-07 400773963 41689 4.87 02-22 400016680
41630 600.00 02-24 600581852 41690 663.14 02-18 100690778
41631 412.64 02-11 400611460 41691 130.99 02-22 300073949
41632 1,800.00 02-08 500419046 41692 799.60 02-17 100618646
41633 1,353.59 02-09 500637868 41693 47.50 02-17 200278576
41634 518.95 02-01 100341999 41694 97.26 02-17 300684048
41635 290.83 02-11 400625266 41695 40.70 02-23 800110032
41636 10,000.00 02-04 800431781 41696 2,036.14 02-15 200032110
41637 77.90 02-10 600848416 41697 1,128.48 02-18 600170639
41638 1,026.40 02-25 300512645 41698 707.72 02-18 700492050
41639 123.48 02-07 300256764 41699 615.20 02-23 200064325
41641* 497.39 02-15 600636601 41700 6,000.00 02-17 200300101
41642 4,038.84 02-10 500755799 41701 1,135.00 02-25 300560447
41643 228.12 02-14 500291874 41702 21.95 02-29 600221725
41644 409.68 02-09 500637891 41703 10,000.00 02-23 200031317
41645 3,357.40 02-11 300708270 41704 397.44 02-18 800730736
41646 1,536.93 02-10 100364785 41705 493.35 02-22 300065195
41647 752.69 02-14 300039844 41706 382.78 02-23 200895068
41649* 177.00 02-08 100712189 41709* 435.00 02-25 300510609
41650 40.95 02-14 300039845 41710 64.00 02-24 300461199
41651 100.63 02-14 300049196 41711 167.15 02-22 800005792
41652 1,121.00 02-10 200876356 41712 550.00 02-23 400379316
41653 548.85 02-16 700067951 41713 750.00 02-24 600581853
41654 542.19 02-16 700067952 41714 1,488.21 02-25 200310216
41655 201.75 02-14 300003564 41715 24.63 02-23 500525573
41656 100.00 02-14 300029074 41716 405.25 02-22 400020650
41657 4,758.65 02-11 600225655 41717 649.49 02-23 700710401
41658 228.15 02-14 500217775 41718 219.08 02-29 600260785
</TABLE>
<PAGE>
[MELLON BANK LOGO]
UNITEL MOBILE VIDEO A DIV OF PAGE: 4
UNITEL VIDEO INC ACCOUNT NUMBER: 038-5545
STATEMENT TO: FEB 29, 2000
--------------------------------------------------------------------------------
Check Detail
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
CHECK NO. AMOUNT DATE REFERENCE NO. CHECK NO. AMOUNT DATE REFERENCE NO.
<S> <C> <C> <C> <C> <C> <C> <C>
41719 23.50 02-22 300081132
41720 53.93 02-23 100469278
41721 351.77 02-25 400838921
41722 2,625.00 02-25 300510575
41723 4,398.40 02-29 500628775
41724 95.00 02-24 700761584
41726* 12.00 02-25 300518057
41727 14,000.00 02-28 100082916
41728 54.60 02-23 800193488
41730* 8,860.00 02-29 800834930
41732* 10,000.00 02-29 600105344
41733 359.80 02-25 600718014
41736* 900.00 02-24 600581851
41737 557.56 02-25 700888422
41738 286.11 02-28 800677636
41741* 150.00 02-29 400565823
41742 80.05 02-29 200209545
41743 2,080.00 02-28 100085717
41744 2,250.00 02-29 600216743
41746* 2,384.51 02-29 500628773
41749* 52.25 02-29 600223407
</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>
<TABLE>
<CAPTION>
[BANK OF AMERICA LOGO]
---------------------------------------------------------------------------------------------------
<S> <C> <C>
YOUR BANK OF AMERICA
P.O. Box 3530 BUSINESS CHECKING
Rancho Cordova, CA 95741-3530 STATEMENT
0217
E 13-2
STATEMENT PERIOD:
FEBRUARY 1 THROUGH FEBRUARY 29, 2000
ACCOUNT NUMBER: 02177-04548
UNITEL VIDEO, INC. AT YOUR SERVICE
1101 ISABEL ST Call: 818-507-6700, 24 hours,
BURBANK CA 91506-1405 7 days a week
WRITTEN INQUIRIES
Bank of America
Burbank Main Office
PO Box 37178
San Francisco, CA 94137-0001
Customer since 1999
Bank of America appreciates your
business and we enjoy serving you.
</TABLE>
<TABLE>
<CAPTION>
---------------------------------------------------------------------------------------------------
/ / SUMMARY OF YOUR BUSINESS CHECKING ACCOUNT
<S> <C> <C> <C>
Beginning Balance on 02/01/00 $9,667.14 Number of checks paid 13
-------------------------------------------------- --------------------------------------------
Total Deposits and Other Credits +2,026.40 Number of 24 Hour Customer Service Calls
-------------------------------------------------- Self-Service 0
Total Checks, Withdrawals Assisted 0
Transfers, Account Fees -10,766.89
--------------------------------------------------
Service Charge -10.00
--------------------------------------------------
ENDING BALANCE $916.65
</TABLE>
<TABLE>
<CAPTION>
<S> <C>
---------------------------------------------------------------------------------------------------
/ / IMPORTANT INFORMATION ABOUT YOUR ACCOUNT
---------------------------------------------------------------------------------------------------
A monthly service charge was applied to your account because your balance was below the minimum
balance of $4,000 and the average balance of $8,000. You can avoid this charge by meeting one of
the balance requirements for this account or linking other BofA savings plans and meeting the
$7,500 minimum combined balance or $15,000 average combined balance.
---------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
/ / DEPOSITS
<S> <C> <C> <C> <C> <C>
Number Date Posted Amount Number Date Posted Amount
02/15 $1,000.00 TOTAL OF 2 DEPOSITS $2,026.40
02/24 1,026.40
</TABLE>
<TABLE>
<CAPTION>
---------------------------------------------------------------------------------------------------
/ / CHECKS PAID *GAP IN CHECK SEQUENCE
<S> <C> <C> <C> <C> <C>
Date Paid Number Amount Date Paid Number Amount
02/07 1030 $811.10 02/18 1038 741.97
02/04 *1032 10.02 02/22 *1040 192.50
02/16 1033 300.63 02/25 1041 167.50
02/04 1034 1,000.00 02/28 1042 6.08
02/14 1035 21.42 02/25 1043 2,000.00
02/11 1036 3,272.50 02/25 1044 243.17
02/15 1037 2,000.00 TOTAL OF 13 CHECKS PAID $10,766.89
</TABLE>
Continued on next page
California Page 1 of 2
<PAGE>
<TABLE>
<CAPTION>
[BANK OF AMERICA LOGO]
---------------------------------------------------------------------------------------------------
UNITEL VIDEO, INC. STATEMENT PERIOD: FEBRUARY 1 THROUGH FEBRUARY 29, 2000
ACCOUNT NUMBER: 02177-04548
---------------------------------------------------------------------------------------------------
/ / Account Activity
<S> <C> <C> <C>
Date
Posted Description Reference Number Amount
SERVICE CHARGE
02/29 Monthly Service Charge $10.00
---------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
/ / DAILY BALANCE
<S> <C> <C> <C> <C> <C>
Date Amount Date Amount Date Amount
02/04 $ 8,657.12 02/15 3,552.10 02/24 3,343.40
02/07 7,846.02 02/18 3,251.47 02/25 932.73
02/11 4,573.52 02/18 2,509.50 02/28 926.65
02/14 4,552.10 02/22 2,317.00 02/29 916.65
---------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
/ / BANK OF AMERICA: IN BALANCE
---------------------------------------------------------------------------------------------------
To assist you in reconciling your account, we have provided the following summary
information.
A reconciliation worksheet is printed on the reverse of this page.
---------------------------------------------------------------------------------------------------
<S> <C> <C>
o Your ending balance from this statement..........................................$916.65
o Subtract the monthly service charge from your checkbook register...................10.00
</TABLE>
California Page 2 of 2
<PAGE>
[FLEET BANK LOGO]
STATEMENT OF ACCOUNTS PAGE 1 OF 4
9417-544821
STATEMENT DATE
02/29/00
Questions?
Call our Business
116 Banking Center at
1-800-PARTNER
(1-800-727-8637)
CASH RESERVE PAYMENT
UNITEL VIDEO INC CY ------------------
PAYROLL
555 WEST 57TH ST
SUITE 1240 ------------------
NEW YORK NY 10019 82 ENCLOSED ITEMS PLEASE REMIT TO:
FLEET BANK
CASH RESERVE
PO BOX 150456
HARTFORD, CT. 06115-0456
<TABLE>
<CAPTION>
DETACH
--------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------
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 43023.18 489596.63 481060.99 .00 .00 51558.82
--------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
ACCOUNT NO. 9417-544821 COMMERCIAL CHECKING PERIOD 02/01/00 THROUGH 02/29/00
BUSINESS BANKING CENTER ACCESS CODE 0571
--------------------------------------------------------------------------------------------------------------------
- DEBITS AND CREDITS -
--------------------------------------------------------------------------------------------------------------------
DATE DEBITS (-) CREDITS (+) DESCRIPTION
<S> <C> <C> <C>
02-10 255,931.06 WIRE INTERNAL BOOK TRANS CR
02/10/00 002350
9999000210002350
2000021000381NTR
UNITEL VIDEO INC
02-10 93,479.96 PREAUTHORIZED DDA DEBIT
ADP TX/FINCL ADP - TAX
000210 94K1H 021106A01
UNITEL VIDEO INC
020000415738525 CCD
02-10 1,738.73 PREAUTHORIZED DDA DEBIT
ADP TX/FINCL ADP - TAX
000210 94K1H 021106B02
UNITEL VIDEO INC
020000415738048 CCD
02-11 103,909.53 PREAUTHORIZED DDA DEBIT
UNITEL VIDEO PAYROLL
062044 K1HA01231713238
UNITEL VIDEO INC
020000405374683 PPD
02-22 254.45 PREAUTHORIZED DDA CREDIT
ADP TX/FINCL ADP - TAX
000222 94K1H 1359759VV
UNITEL VIDEO INC
020000537536220 CCD
</TABLE>
<PAGE>
[FLEET BANK LOGO]
STATEMENT OF ACCOUNTS PAGE 2 OF 4
9417-544821
STATEMENT DATE
02/29/00
Questions?
Call our Business
116 Banking Center at
1-800-PARTNER
(1-800-727-8637)
CASH RESERVE PAYMENT
UNITEL VIDEO INC CY ------------------
PAYROLL
555 WEST 57TH ST
SUITE 1240 ------------------
NEW YORK NY 10019 PLEASE REMIT TO:
FLEET BANK
CASH RESERVE
PO BOX 150456
HARTFORD, CT. 06115-0456
<TABLE>
<CAPTION>
DETACH
--------------------------------------------------------------------------------------------------------------------
ACCOUNT NO. 9417-544821 CONTINUED PERIOD 02/01/00 THROUGH 02/29/00
--------------------------------------------------------------------------------------------------------------------
- DEBITS AND CREDITS -
--------------------------------------------------------------------------------------------------------------------
DATE DEBITS (-) CREDITS (+) DESCRIPTION
<S> <C> <C> <C>
02-24 233,411.12 WIRE INTERNAL BOOK TRANS CR
02/24/00 006613
9999000224006613
200002240113NTR
UNITEL VIDEO INC
02-24 84,050.50 PREAUTHORIZED DDA DEBIT
ADP TX/FINCL ADP - TAX
000224 94K1H 022508A01
UNITEL VIDEO INC
020000558256978 CCD
02-24 948.01 PREAUTHORIZED DDA DEBIT
ADP TX/FINCL ADP - TAX
000224 94K1H 022508B02
UNITEL VIDEO INC
020000558256484 CCD
02-25 98,513.70 PREAUTHORIZED DDA DEBIT
UNITEL VIDEO PAYROLL
082063 K1HA01231713238
UNITEL VIDEO INC
020000547802512 PPD
</TABLE>
<PAGE>
[FLEET BANK LOGO]
STATEMENT OF ACCOUNTS PAGE 3 OF 4
9417-544821
STATEMENT DATE
02/29/00
Questions?
Call our Business
116 Banking Center at
1-800-PARTNER
(1-800-727-8637)
UNITEL VIDEO INC
PAYROLL CY CASH RESERVE PAYMENT
555 WEST 57TH ST ___________________
SUITE 1240 |___________________|
NEW YORK NY 10019
PLEASE REMIT TO:
FLEET BANK
CASH RESERVE
PO BOX 150456
HARTFORD, CT. 06115-0456
DETACH
<TABLE>
<CAPTION>
----------------------------------------------------------------------------------------------------------
ACCOUNT NO. 9417-544821 CONTINUED PERIOD 02/01/00 THROUGH 02/29/00
----------------------------------------------------------------------------------------------------------
- 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>
02-14 1614 621.69 02-16 1669 740.29 02-15 1698* 509.66
02-03 1641* 747.56 02-22 1670 276.45 02-14 1699 2,682.70
02-10 1642 201.99 02-15 1671 1,918.92 02-23 1700 2,117.67
02-07 1643 840.08 02-23 1672 453.11 02-16 1701 613.60
02-07 1644 252.00 02-16 1673 1,413.65 02-15 1702 517.18
02-07 1645 302.43 02-24 1675* 697.20 02-14 1703 1,811.12
02-01 1646 784.75 02-22 1676 878.30 02-14 1704 568.49
02-03 1647 739.04 02-14 1677 782.05 02-28 1706* 604.06
02-02 1648 535.70 02-22 1678 1,512.70 02-29 1707 850.97
02-10 1649 879.38 02-28 1679 1,269.84 02-29 1713* 1,551.95
02-14 1650 628.37 02-16 1680 588.61 02-29 1726* 291.26
02-16 1651 344.98 02-14 1681 575.90 02-29 1727 249.59
02-08 1652 972.94 02-16 1682 210.38 02-29 1728 1,272.06
02-02 1653 626.46 02-16 1683 732.16 02-28 1730* 1,332.52
02-03 1654 201.99 02-17 1684 302.43 02-29 1731 1,078.09
02-01 1655 636.03 02-15 1685 1,869.97 02-29 1732 1,181.35
02-04 1656 937.45 02-23 1686 288.48 02-29 1734* 2,628.44
02-07 1657 485.59 02-17 1687 1,051.23 02-29 1736* 548.12
02-02 1658 421.67 02-15 1688 250.15 02-29 1737 1,565.15
02-01 1659 511.37 02-17 1689 764.74 02-07 6175* 14,308.15
02-10 1660 469.19 02-15 1690 231.38 02-09 6176 1,206.13
02-01 1661 478.15 02-15 1691 1,579.81 02-08 6177 81.00
02-14 1662 2,410.82 02-15 1692 243.15 02-17 6178 698.69
02-01 1663 700.85 02-16 1693 2,191.73 02-15 6179 19.33
02-14 1665* 734.96 02-22 1694 1,624.65 02-14 6180 2,298.05
02-15 1666 1,121.65 02-17 1695 764.73 02-15 6181 14,289.79
02-22 1667 222.37 02-15 1696 1,339.98 02-15 6182 81.00
02-23 1668 1,102.99
</TABLE>
* DENOTES SEQUENCE BREAK
<PAGE>
[FLEET BANK LOGO]
STATEMENT OF ACCOUNTS PAGE 4 OF 4
9417-544821
STATEMENT DATE
02/29/00
Questions?
Call our Business
116 Banking Center at
1-800-PARTNER
(1-800-727-8637)
UNITEL VIDEO INC CY CASH RESERVE PAYMENT
PAYROLL ___________________
555 WEST 57TH ST |___________________|
SUITE 1240
NEW YORK NY 10019 PLEASE REMIT TO:
FLEET BANK
CASH RESERVE
PO BOX 150456
HARTFORD, CT. 06115-0456
DETACH
<TABLE>
<CAPTION>
----------------------------------------------------------------------------------------------------------
ACCOUNT NO. 9417-544821 CONTINUED PERIOD 02/01/00 THROUGH 02/29/00
----------------------------------------------------------------------------------------------------------
- DAILY BALANCE SUMMARY -
----------------------------------------------------------------------------------------------------------
DATE BALANCE DATE BALANCE DATE BALANCE
<S> <C> <C> <C> <C> <C>
02-01 39,912.03 02-10 176,415.65 02-22 20,742.76
02-02 38,328.20 02-11 72,506.12 02-23 16,780.51
02-03 36,639.61 02-14 59,391.97 02-24 164,495.92
02-04 35,702.16 02-15 35,420.00 02-25 65,982.22
02-07 19,513.91 02-16 28,584.60 02-28 62,775.80
02-08 18,459.97 02-17 25,002.78 02-29 51.558.82
02-09 17,253.84
</TABLE>
