<PAGE> 1
[GENICOM LETTERHEAD]
April 17, 2000
PRIVATE AND CONFIDENTIAL
VIA OVERNIGHT MAIL
Daniel Austin, Esquire
Office of the U.S. Trustee
601 Walnut Road
Room 950W
Philadelphia, Pennsylvania 19106
RE: GENICOM CORPORATION DEBTOR-IN-POSSESSION (CASE NUMBER 00-1383)
MARCH MONTHLY OPERATING REPORTS
Dear Daniel:
Accompanying this correspondence, please find GENICOM Corporation Debtor-in-
Possession's (hereafter "GENICOM DIP") monthly operating report for March, 2000.
Please contact me with any questions you may have. I can be reached at
703-802-9259.
Very truly yours,
/s/ A. JEFFREY ZAPPONE
A. Jeffrey Zappone
Chief Financial Officer
GENICOM CORPORATION
Enclosure
cc: Shaun Donnellan, GENICOM Corporation
Frank DiCello, Esquire, Reed Smith Shaw & McClay
Ann Schmitt, Esquire, Reed Smith Shaw & McClay
<PAGE> 2
DEBTOR: GENICOM CORPORATION ACCRUAL BASIS - 1
CASE NUMBER: 00-1383
OFFICE OF THE UNITED STATES TRUSTEE - REGION 3
MONTHLY OPERATING REPORT
FOR THE MONTH ENDING APRIL 2, 2000
===============================================================================
<TABLE>
<CAPTION>
Document Previously Explanation
Required Attachments: Attached Submitted Attached
<S> <C> <C> <C>
1. Tax Receipts (x) ( ) ( )
Statements
not yet available
2. Bank Statements ( ) ( ) (x)
3. Most recently filed (x) ( ) ( )
Income Tax Return
4. Most recent Annual Financial (x) ( ) ( )
Statements prepared by Accountant
</TABLE>
IN ACCORDANCE WITH TITLE 28, SECTION 1746, OF THE UNITED STATES CODE, I DECLARE
UNDER PENALTY OF PERJURY THAT I HAVE EXAMINED THE FOLLOWING MONTHLY OPERATING
REPORT (ACCRUAL BASIS - 1 THROUGH ACCRUAL BASIS - 9) AND THE ACCOMPANYING
ATTACHMENTS AND, TO THE BEST OF MY KNOWLEDGE, THESE DOCUMENTS ARE TRUE, CORRECT
AND COMPLETE. DECLARATION OF THE PREPARER (OTHER THAN RESPONSIBLE PARTY) IS
BASED ON ALL INFORMATION OF WHICH PREPARER HAS ANY KNOWLEDGE.
RESPONSIBLE PARTY:
/s/ A. JEFFREY ZAPPONE Chief Financial Officer
----------------------------------- -----------------------------
Signature of Responsible Party Title
A. Jeffrey Zappone April 18, 2000
----------------------------------- -----------------------------
Printed Name of Responsible Party Date
PREPARER:
/s/ HAROLD W. JOHNSON Sr. Financial Analyst
----------------------------------- -----------------------------
Signature of Preparer Title
Harold W. Johnson April 18, 2000
----------------------------------- -----------------------------
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> 3
DEBTOR: GENICOM CORPORATION ACCRUAL BASIS - 2
CASE NUMBER: 00-1383
<TABLE>
<CAPTION>
-------------------------------------------------------------------------------------
ASSETS MARCH-00
-------------------------------------------------------------------------------------
<S> <C> <C>
1. Cash 1,810,829
-------------------------------------------------------------------------------------
2. Accounts Receivable (Net) 25,517,257
-------------------------------------------------------------------------------------
3. Inventory 19,635,711
-------------------------------------------------------------------------------------
4. Notes/Other Receivables 1,687,937
-------------------------------------------------------------------------------------
5. Prepaid Expenses 2,590,943
-------------------------------------------------------------------------------------
6. Other (Deferred Tax) 102,185
-------------------------------------------------------------------------------------
7. Total Current Assets 51,344,862
-------------------------------------------------------------------------------------
8. Property, Plant & Equipment 64,971,218
-------------------------------------------------------------------------------------
9. Less: Accum. Depr/Depletion 48,421,459
-------------------------------------------------------------------------------------
10. Net Property, Plant & Equip. 16,549,759
-------------------------------------------------------------------------------------
11a. Due from Affiliates & Insiders 58,360,380
-------------------------------------------------------------------------------------
11b. Investment in Affiliates (23,639,782)
-------------------------------------------------------------------------------------
12. Intangibles 2,328,464
-------------------------------------------------------------------------------------
13. Other (Deferred Taxes) 10,673,852
-------------------------------------------------------------------------------------
14. Total Assets 115,617,535
-------------------------------------------------------------------------------------
POSTPETITION LIABILITIES
-------------------------------------------------------------------------------------
15. Accounts Payable (2,166,766) a
-------------------------------------------------------------------------------------
16. Taxes Payable 236,481 c
-------------------------------------------------------------------------------------
17. Notes Payable 0
-------------------------------------------------------------------------------------
18. Professional Fees (85,427) d
-------------------------------------------------------------------------------------
19. Secured Debt 6,923,352 b
-------------------------------------------------------------------------------------
20. Due to Affiliates & Insiders 0
-------------------------------------------------------------------------------------
21. Other (Attach List) 2,798,623
-------------------------------------------------------------------------------------
22. Total Postpetition Liabilities 7,706,263
-------------------------------------------------------------------------------------
PREPETITION LIABILITIES
-------------------------------------------------------------------------------------
23. Secured Debt 100,066,431 e
-------------------------------------------------------------------------------------
24. Priority Debt 0
-------------------------------------------------------------------------------------
25. Unsecured Debt 0
-------------------------------------------------------------------------------------
26. Other (Attach List) 87,804,575
-------------------------------------------------------------------------------------
27. Total Prepetition Liabilities 187,871,006
-------------------------------------------------------------------------------------
28. Total Liabilities 195,577,269
-------------------------------------------------------------------------------------
EQUITY
-------------------------------------------------------------------------------------
29. Owner's Prepetition Equity (75,220,952)
-------------------------------------------------------------------------------------
30. Postpetition Cumulative Profit or (Loss) (4,738,782)
-------------------------------------------------------------------------------------
31. Total Equity (Deficit) (79,959,734)
-------------------------------------------------------------------------------------
32. Total Liabilities & Owner's Equity 115,617,535
-------------------------------------------------------------------------------------
</TABLE>
<PAGE> 4
DEBTOR: GENICOM CORPORATION ACCRUAL BASIS - 2a
CASE NUMBER: 00-1383
<TABLE>
<CAPTION>
--------------------------------------------------------------------------------------------------------------------------------
PREPETITION POST PETITION TOTAL
--------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
LIABILITIES
CURRENT DEBT
201101 CURRENT DEBT - NATIONS TERM A
201103 CURRENT DEBT - NATIONS TERM B
201199 CURRENT DEBT - OTHER
TOTAL (5,000,000) [e] (6,923,352) [b] (11,923,352)
ACCOUNTS PAYABLE
210001 ACCOUNTS PAYABLE - TRADE
210003 ACCOUNTS PAYABLE - CLEARING
210004 ACCOUNTS PAYABLE - UNINVOICED RECEIPTS - CO
210005 ACCOUNTS PAYABLE - UNINVOICED RECEIPTS - I
210007 ACCOUNTS PAYABLE - UNINVOICED RECEIPTS - EX
210008 ACCOUNTS PAYABLE - UNINVOICED RECEIPTS - SU
210009 ACCOUNTS PAYABLE - TRADE ACCRUAL
210011 ACCOUNTS PAYABLE - ACCRUAL TI
210013 ACCOUNTS PAYABLE - MCS
210015 ACCOUNTS PAYABLE - DIGITAL
210099 ACCOUNTS PAYABLE - OTHER
TOTAL (41,991,290) 2,166,766 [a] (39,824,524)
WARRANTY RESERVE
211003 WARRANTY RESERVE - DSC
211011 WARRANTY RESERVE - DATA TERMINAL LABOR
211013 WARRANTY RESERVE - DATA TERMINAL MATERIAL
TOTAL (824,650) (126,306) (950,957)
OTHER LIABILITIES
212001 OTHER LIABILITIES - MDF/COOP (831,973) (38,970) (870,943)
212007 OTHER LIABILITIES - SALES & USE TAX (83,044) (42,336) [c] (125,380)
212015 OTHER LIABILITIES - REAL ESTATE TAX (7,814) 0 (7,814)
212017 OTHER LIABILITIES - PERSONAL PROPERTY TAX (183,493) 0 (183,493)
212019 OTHER LIABILITIES - FRANCHISE / CAPITAL TA (5,170) 0 (5,170)
212021 OTHER LIABILITIES - OTHER TAX (116,239) (3,000) [c] (119,239)
212023 OTHER LIABILITIES - ROYALTY (32,134) 92,101 59,967
212025 OTHER LIABILITIES - PROFESSIONAL FEES (233,001) 85,427 [d] (147,574)
212029 OTHER LIABILITIES - UTILITIES (358,000) 0 (358,000)
212031 OTHER LIABILITIES - PRESIDENT'S CLUB (457,994) (22,500) (480,494)
212033 OTHER LIABILITIES - EMPLOYEE RELOCATION (75,892) 0 (75,892)
212035 OTHER LIABILITIES - ENVIRONMENTAL (725,204) (1,139) (726,343)
212037 OTHER LIABILITIES - BANK SERVICE CHARGES (38,164) (87,547) (125,711)
212039 OTHER LIABILITIES - TRAVEL (208,349) 0 (208,349)
212041 OTHER LIABILITIES - CAPITAL LEASES (340,011) (340,011)
212043 OTHER LIABILITIES - RESTRUCTURE (337,637) 26,363 (311,274)
212045 OTHER LIABILITIES - REBATES 24,667 (8,156) 16,511
212047 OTHER LIABILITIES - INTEREST - NATIONS TER (2,396,000) (380,000) (2,776,000)
212049 OTHER LIABILITIES - INTEREST - NATIONS TER (611,000) (97,000) (708,000)
212051 OTHER LIABILITIES - INTEREST - REVOLVER (3,761,000) (555,313) (4,316,313)
212063 OTHER LIABILITIES - RENT (373,000) 0 (373,000)
212101 OTHER LIABILITIES - TRAVEL AIRLINE 194,365 (20,782) 173,583
212105 OTHER LIABILITIES - TRAVEL OTHER 0 (5,109) (5,109)
212999 OTHER LIABILITIES - OTHER (3,010,036) (83,798) (3,093,834)
TOTAL (13,966,123) (1,141,759) (15,107,883)
PAYROLL LIABILITIES
WAGES & SALARIES
213101 PAYROLL LIABILITIES - WAGES/SALARIES - (515,296) (515,296)
213103 PAYROLL LIABILITIES - VACATION ACCRUAL (19,515) (3,405) (22,920)
213105 PAYROLL LIABILITIES - INCENTIVE COMPENSATION (150,000) (75,000) (225,000)
213107 PAYROLL LIABILITIES - SEVERANCE 10,100 - 10,100
213109 PAYROLL LIABILITIES - SALESMEN COMMISSION A (222,000) - (222,000)
TOTAL (381,415) (593,701) (975,116)
EMPLOYER LIABILITIES
213201 ACCRUED BENEFITS - 401K (751,241) (370,544) (1,121,785)
213203 ACCRUED BENEFITS - PENSION (33,000) 0 (33,000)
213204 ACCRUED BENEFITS - FASB 112 (111,395) 0 (111,395)
213205 ACCRUED BENEFITS - SOCIAL SECURITY (35,465) (20,401) (55,866)
213207 ACCRUED BENEFITS - FEDERAL UNEMPLOYMENT (2,588) (4,927) (7,515)
213209 ACCRUED BENEFITS - STATE UNEMPLOYMENT TAX (20,051) 14,269 (5,782)
213211 ACCRUED BENEFITS - FAS 106 MEDICAL (2,931,139) (21,600) (2,952,739)
213213 ACCRUED BENEFITS - FAS 106 LIFE (551,066) (66,975) (618,041)
213217 ACCRUED BENEFITS - WORKERS COMPENSATION (21,000) 0 (21,000)
213219 ACCRUED BENEFITS - SUBSEQUENT YEAR VACATION (1,747,270) 0 (1,747,270)
213221 ACCRUED BENEFITS - LIFE/DISABILITY 0 0 0
213223 ACCRUED BENEFITS - MEDICAL / DENTAL (1,188,026) (36,974) (1,225,000)
213225 ACCRUED BENEFITS - BENEFITS CONSULTING (17,856) (12,144) (30,000)
213299 ACCRUED BENEFITS - ALLOCATED PAYROLL BENEFITS (826,457) (85,935) (912,392)
</TABLE>
<PAGE> 5
DEBTOR: GENICOM CORPORATION
ACCRUAL BASIS-2a
CASE NUMBER: 00-1383
<TABLE>
<CAPTION>
----------------------------------------------------------------------------------------------------------------------------------
PREPETITION POST PETITION TOTAL
<S> <C> <C> <C>
TOTAL (8,236,554) (605,231) (8,841,785)
EMPLOYEE PAYROLL WITHHOLDINGS
213303 PAYROLL WITHHOLDINGS-401K (161,478) 11,802 (149,676)
213305 PAYROLL WITHHOLDINGS-SAVINGS PLAN (801) (2) (803)
213307 PAYROLL WITHHOLDINGS-MEDICAL/DENTAL INSU 5,770 13,414 19,184
213309 PAYROLL WITHHOLDINGS-PRE-TAX BENEFITS 1 0 1
213311 PAYROLL WITHHOLDINGS-LIFE/DISABILITY I 0 0 0
213313 PAYROLL WITHHOLDINGS-MISCELLANEOUS DUES (186) 0 (186)
213315 PAYROLL WITHHOLDINGS-COURT ORDERED WITH (5,366) 842 (4,524)
213317 PAYROLL WITHHOLDINGS-STOCK PLAN (15,912) (5,439) (21,351)
213319 PAYROLL WITHHOLDINGS-BONDS (551) (65) (616)
TOTAL (178,523) 20,552 (157,971)
EMPLOYEE TAX WITHHOLDINGS
213401 PAYROLL TAX W/H-SOCIAL SECURITY 0 (55,868) (55,868)
213403 PAYROLL TAX W/H-FEDERAL 0 (106,632) (106,632)
213405 PAYROLL TAX W/H-STATE 0 (26,387) (26,387)
213407 PAYROLL TAX W/H-LOCAL 0 (1,921) (1,921)
213409 PAYROLL TAX W/H-DISABILITY 0 (337) (337)
TOTAL 0 (191,145) [c] (191,145)
TOTAL PAYROLL LIABILITIES (8,796,492) (1,369,525) (10,166,017)
DEFERRED INCOME
221011 DEFERRED INCOME-INTEGRATION SERVICES
221013 DEFERRED INCOME-LEASING SERVICES
221017 DEFERRED INCOME-NETWORK PROFESSIONAL SERV
221021 DEFERRED INCOME-REMEDIAL MAINTENANCE SERV
221023 DEFERRED INCOME-SUPPORT CENTER SERVICES
221031 DEFERRED INCOME-DEPOT REPAIR SERVICES
221999 DEFERRED INCOME-OTHER
TOTAL (7,585,004) (312,087) (7,897,090)
CORPORATION TAX LIABILITY
223001 CORPORATION TAX LIABILITY-FEDERAL (1,592,000) 0 (1,592,000)
223003 CORPORATION TAX LIABILITY-STATE (56,962) 0 (56,962)
223999 CORPORATION TAX LIABILITY-OTHER (9,217,157) 0 (9,217,157)
TOTAL (10,866,120) 0 (10,866,120)
TOTAL CURRENT LIABILITIES (89,029,679) (7,706,264) (96,735,943)
LONG TERM DEBT
270001 LONG TERM DEBT-NATIONS TERM B (36,500,000) 0 (36,500,000)
270003 LONG TERM DEBT-NATIONS TERM A (6,500,000) 0 (6,500,000)
270005 LONG TERM DEBT-NATIONS REVOLVE (61,226,993) 0 (61,226,993)
270999 LONG TERM DEBT-OTHER 9,160,562 0 9,160,562
TOTAL (95,066,431) [e] 0 (95,066,431)
OTHER LONG TERM LIABILITIES
280001 OTHER LONG TERM LIABILITIES-RENT (53,755) 0 (53,755)
280003 OTHER LONG TERM LIABILITIES-FAS 106 MEDIC (3,357,855) 0 (3,357,855)
280005 OTHER LONG TERM LIABILITIES-FAS 106 LIFE (1,384,895) 0 (1,384,895)
280007 OTHER LONG TERM LIABILITIES-PENSION ASSET 498522 0 496,522
280009 OTHER LONG TERM LIABILITIES-EDS CHARGES 523087 0 523,087
TOTAL (3,774,896) 0 (3,774,896)
TOTAL LONG TERM LIABILITIES (98,841,326) 0 (98,841,326)
TOTAL LIABILITIES (187,871,005) (7,706,264) (195,577,269)
</TABLE>
<PAGE> 6
DEBTOR: GENICOM CORPORATION
ACCRUAL BASIS-3
CASE NUMBER: 00-1383
<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------
ASSETS MARCH-00 APRIL-00
-----------------------------------------------------------------------------------------
<S> <C> <C>
1. Gross External Revenue 8,033,583
-----------------------------------------------------------------------------------------
2. Less : Returns & Discounts 41,000
-----------------------------------------------------------------------------------------
3. Net Revenue 7,992,583
-----------------------------------------------------------------------------------------
COST OF GOODS SOLD
-----------------------------------------------------------------------------------------
4. Beginning Inventory
-----------------------------------------------------------------------------------------
5. Add: Purchases
-----------------------------------------------------------------------------------------
6. Less: Ending Inventory
-----------------------------------------------------------------------------------------
7. Cost of Goods Sold 7,875,698
-----------------------------------------------------------------------------------------
8. Gross Profit 116,885
-----------------------------------------------------------------------------------------
OPERATING EXPENSES
-----------------------------------------------------------------------------------------
9. Officer Compensation 88,005
-----------------------------------------------------------------------------------------
10. Direct Labor/Salaries 1,533,456
-----------------------------------------------------------------------------------------
11. Payroll Taxes and Benefits 487,362
-----------------------------------------------------------------------------------------
12. Rent/Lease Expense 152,431
-----------------------------------------------------------------------------------------
13. Insurance 58,657
-----------------------------------------------------------------------------------------
14. Depreciation/Decepletion/Amort 207,232
-----------------------------------------------------------------------------------------
15. General & Administrative 730,802
-----------------------------------------------------------------------------------------
16a. Other Engineering 190,768
-----------------------------------------------------------------------------------------
16b. Other Marketing & Selling 463,211
-----------------------------------------------------------------------------------------
17. Total Operating Expenses 3,911,924
-----------------------------------------------------------------------------------------
18. Operating Income (3,795,039)
-----------------------------------------------------------------------------------------
OTHER INCOME & EXPENSE
-----------------------------------------------------------------------------------------
19. Other Income (Attach List) 105,397
-----------------------------------------------------------------------------------------
20. Other Expenses (Attach List)
-----------------------------------------------------------------------------------------
21. Interest Income/ (Expense) (1,049,140)
-----------------------------------------------------------------------------------------
22. Other (Attach List)
-----------------------------------------------------------------------------------------
23. Net Other Income & Expense (943,743)
-----------------------------------------------------------------------------------------
REORGANIZATION EXPENSE
-----------------------------------------------------------------------------------------
24. Professional Fees 0
-----------------------------------------------------------------------------------------
25. U.S. Trustee Fees 0
-----------------------------------------------------------------------------------------
26. Other (Attach List) 0
-----------------------------------------------------------------------------------------
27. Total Reorganization Expenses 0
-----------------------------------------------------------------------------------------
28. Income Tax 0
-----------------------------------------------------------------------------------------
29. Net Profit (Loss) (4,738,782)
-----------------------------------------------------------------------------------------
</TABLE>
<PAGE> 7
DEBTOR: GENICOM CORPORATION
ACCRUAL BASIS - 4a
CASE NUMBER: 00-1383
<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------
CASH RECEIPTS AND DISBURSEMENTS - CONCENTRATION ACCOUNT MAR-00
<S> <C>
1. Cash - Beginning of Month $ -
2. Movement of Cash from other Accounts $ 6,796,751.97
3. Loans & Advances (DIP) $ 5,463,711.99
4. Sale of Assets $ -
6. Other
7. Total Cash In $ 12,260,463.96
8. Total Cash Available $ 12,260,463.96
9. Movement of Cash to other Accounts - Misc Account $ (449,000.00)
10. Movement of Cash to Commercial Account $ (1,943,672.48)
11. Disbursements by Wires (see details) $ (5,504,668.93)
12. Transfer to Payroll account $ (3,194,653.60)
13. Hourly payroll and 401k $ (213,020.99)
14. Interest/prin payments $ (23,686.61)
15. Misc activity $ (37,967.46)
16. Total Cash Out $ (11,366,670.07)
17. Ending Cash Balance $ 893,793.89
-----------------------------------------------------------------------------------------
</TABLE>
<PAGE> 8
DEBTOR: GENICOM CORPORATION
ACCRUAL BASIS - 4b
CASE NUMBER: 00-1383
<TABLE>
<CAPTION>
-------------------------------------------------------------------------------------
CASH RECEIPTS AND DISBURSEMENTS - COMMERCIAL ACCOUNT MAR-00
<S> <C>
1. Cash - Beginning of Month $ -
2. Movement of Cash from Concentration Account $ 1,943,672.48
3. Loans & Advances (DIP) $ -
4. Sale of Assets $ -
6. Other
7. Total Cash In $ 1,943,672.48
8. Total Cash Available $ 1,943,672.48
9. Disbursements by Checks (see details) $ (2,450,680.00)
16. Total Cash Out $ (2,450,680.00)
17. Ending Cash Balance $ (507,007.52)
-------------------------------------------------------------------------------------
</TABLE>
<PAGE> 9
DEBTOR: GENICOM CORPORATION
ACCRUAL BASIS - 4c
CASE NUMBER: 00-1383
<TABLE>
<CAPTION>
---------------------------------------------------------------------------------
CASH RECEIPTS AND DISBURSEMENTS - DOMESTIC RECEIVABLES MAR-00
<S> <C>
1. Cash - Beginning of Month $ 557.34
2. Accounts Receivable Collections $ 56,248.08
3. Loans & Advances (DIP) $ -
4. Sale of Assets $ -
6. Other
7. Total Cash In $ 56,248.08
8. Total Cash Available $ 56,805.42
9. Disbursements by Checks (see details)
16. Total Cash Out $ -
17. Ending Cash Balance $ 56,805.42
---------------------------------------------------------------------------------
</TABLE>
<PAGE> 10
DEBTOR: GENICOM CORPORATION
ACCRUAL BASIS - 4d
CASE NUMBER: 00-1383
<TABLE>
<CAPTION>
--------------------------------------------------------------------------------
CASH RECEIPTS AND DISBURSEMENTS - MISC ACCOUNT MAR-00
<S> <C>
1. Cash - Beginning of Month $ 72,634.55
2. Misc Deposits $ 132,553.39
3. Movements of cash from Concentration Account $ 449,000.00
4. Sale of Assets $ -
6. Other
7. Total Cash In $ 581,553.39
8. Total Cash Available $ 654,187.94
9. Disbursements by Wires or Auto Withdrawals $ (638,401.59)
16. Total Cash Out $ (638,401.59)
17. Ending Cash Balance $ 15,786.35
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
</TABLE>
<PAGE> 11
DEBTOR: GENICOM CORPORATION
ACCRUAL BASIS - 5
CASE NUMBER: 00-1383
<TABLE>
<CAPTION>
--------------------------------------------------------------------------------
ACCOUNTS RECEIVABLE AGING MARCH-00
--------------------------------------------------------------------------------
<S> <C> <C>
0 - 30 days old 21,218,447
------------------------------------------------------------
31 - 60 days old 5,262,522
------------------------------------------------------------
61+ 5,771,858
------------------------------------------------------------
------------------------------------------------------------
Total Accounts Receviable 32,252,827
------------------------------------------------------------
Amount Considered Uncollectible (5,622,570)
------------------------------------------------------------
Accounts Receivable (Net) 25,517,257
------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
--------------------------------------------------------------------------------
AGING OF POSTPETITION ACCOUNTS PAYABLE
--------------------------------------------------------------------------------
0 - 30 31 - 60 61 - 90 91+
DAYS DAYS DAYS DAYS TOTAL
--------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
Accounts Payable (2,166,766)
--------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
----------------------------------------------------------------------------------------------------------------------------
STATUS OF POSTPETITION TAXES
----------------------------------------------------------------------------------------------------------------------------
BEGINNING AMOUNT ENDING
TAX WITHHELD OR AMOUNT TAX DELINQUENT
LIABILITY ACCRUED PAID LIABILITY TAXES
----------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
FEDERAL
----------------------------------------------------------------------------------------------------------------------------
Withholding 0 156,462 169,471 (13,009) 0
----------------------------------------------------------------------------------------------------------------------------
FICA - Employee 0 58,734 63,741 (5,007) 0
----------------------------------------------------------------------------------------------------------------------------
FICA - Employer 0 539,696 256,291 283,405 0
----------------------------------------------------------------------------------------------------------------------------
Unemployment 0 14,363 3,096 11,267 0
----------------------------------------------------------------------------------------------------------------------------
Income 0 0 0 0 0
----------------------------------------------------------------------------------------------------------------------------
Other (Attach List) 0 0
----------------------------------------------------------------------------------------------------------------------------
Total Federal Taxes 0 769,255 492,599 276,656 0
----------------------------------------------------------------------------------------------------------------------------
STATE/LOCAL
----------------------------------------------------------------------------------------------------------------------------
Withholding 0 29,601 34,752 (5,151) 0
----------------------------------------------------------------------------------------------------------------------------
Sales & Use 0 177,046 134,710 42,336 0
----------------------------------------------------------------------------------------------------------------------------
Excise 0
----------------------------------------------------------------------------------------------------------------------------
Unemployment 0 286,251 28,278 257,973 0
----------------------------------------------------------------------------------------------------------------------------
Real Property 0 0 0 0 0
----------------------------------------------------------------------------------------------------------------------------
Personal Property 0 Included in above
----------------------------------------------------------------------------------------------------------------------------
Other (Attach List) 0
----------------------------------------------------------------------------------------------------------------------------
Total State & Local 0 492,898 197,740 295,158 0
----------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------------
Total Taxes 0 1,262,153 690,339 571,814 0
----------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 12
DEBTOR: GENICOM CORPORATION
ACCRUAL BASIS - 6
CASE NUMBER: 00-1383
The debtor in possession must complete the reconciliation below for each
bank account, including all general, payroll and tax accounts, as well as
all savings and investment accounts, money market accounts, certificates
of deposit, government obligations, etc. Accounts with restricted funds
should be identified by placing an asterisk next to the account number.
Attach additional sheets if necessary.
<TABLE>
<CAPTION>
------------------------------------------------
BANK RECONCILIATIONS MARCH 2000
--------------------------------------------------------
Account #1 Account #2 Account #3 TOTAL
--------------------------------------------------------------------------------------------------------
<S> <S> <C> <C> <C>
A. BANK
----------------------------
B. ACCOUNT NUMBER
----------------------------
C. PURPOSE INFORMATION CURRENTLY NOT
------------------------------------------------
1. Balance per bank statement AVAILABLE. BANK STATEMENTS
------------------------------------------------
2. + Total deposits not credited HAVE NOT YET BEEN RECEIVED.
------------------------------------------------
3. - Outstanding checks
------------------------------------------------
4. +/- Other reconciling items (Attach List)
--------------------------------------------------------------------------------------------------------
5. Month end balance per books
--------------------------------------------------------------------------------------------------------
6. Number of last check written
--------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
------------------------------------------------
INVESTMENT ACCOUNTS MARCH 2000
----------------------------------------------------------------------------------------------------------------------
DATE OF TYPE OF PURCHASE CURRENT
BANK ACCOUNT NAME & NUMBER PURCHASE INSTRUMENT PRICE VALUE
----------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
7.
------------------------------------------------
8.
------------------------------------------------
9. NONE
------------------------------------------------
10.
------------------------------------------------
11.
----------------------------------------------------------------------------------------------------------------------
------------------------------------------------
CASH MARCH 2000
----------------------------------------------------------------------------------------------------------------------
12. CURRENCY ON HAND
----------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------------
13. TOTAL CASH - END OF MONTH
----------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 13
DEBTOR: GENICOM CORPORATION
ACCRUAL BASIS - 7
CASE NUMBER: 00-1383
--------------------------------------------------------------------------------
PAYMENTS TO INSIDERS AND PROFESSIONALS
--------------------------------------------------------------------------------
Of the total distributions shown for the month, list the amount paid to insiders
(as defined in Section 101(31)(A) - (F) of the U.S. Bankruptcy Code) and to
professionals. For payments to insiders, identify the type of compensation paid
(e.g. salary, bonus, commission, insurance, housing allowance, travel, car
allowance, etc.) Attach additional sheets if necessary.
--------------------------------------------------------------------------------
INSIDERS
--------------------------------------------------------------------------------
Type of Amount
Name Position Payment Paid
--------------------------------------------------------------------------------
See Attached
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------------------
PROFESSIONALS
-----------------------------------------------------------------------------------------------------
Type of Date of Court Order Amount Amount Monthly
Name Professional Authorizing Payment Approved Paid Accrual
-----------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
1. Monthly Accrual Legal $25,000.00
-----------------------------------------------------------------------------------------------------
2. Monthly Accrual Auditing/Accnting $25,300.00
-----------------------------------------------------------------------------------------------------
3. Monthly Accrual Director's Fees $ 3,333.00
-----------------------------------------------------------------------------------------------------
</TABLE>
--------------------------------------------------------------------------------
ADEQUATE PROTECTION PAYMENTS
--------------------------------------------------------------------------------
Scheduled Monthly Amounts Total Unpaid
Name of Creditor Payments Due Paid During Month Postpetition
--------------------------------------------------------------------------------
1.
--------------------------------------------------------------------------------
2.
--------------------------------------------------------------------------------
3.
--------------------------------------------------------------------------------
4.
--------------------------------------------------------------------------------
<PAGE> 14
DEBTOR: GENICOM CORPORATION
ACCRUAL BASIS - 7a
CASE NUMBER: 00-1383
CAR HOUSING
SALARY VACATION ALLOWANCE ALLOWANCE
------ -------- --------- ---------
P. Winn $23,076.93 $30,769.24 $345.00
J. Gale $12,152.89 $16,203.86 $345.00
J. LeFevere $9,846.16
J. McWilson $10,230.77 $538.46 $460.00
R. Marks $9,621.56 $460.00
B. Wilson $12,307.70 $460.00 $923.08
--------------------------------------------------------------------------------
Total $77,236.01 $47,511.56 $2,070.00 $923.08
<PAGE> 15
DEBTOR: GENICOM CORPORATION
ACCRUAL BASIS - 8
CASE NUMBER: 00-1383
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------
QUESTIONNAIRE YES NO
------------------------------------------------------------------------------------------------------
<S> <C> <C>
1. Have any assets been sold or transferred outside the normal course of business this
reporting period? X
------------------------------------------------------------------------------------------------------
2. Have any funds been disbursed from any account other than a debtor in possession
account? X
------------------------------------------------------------------------------------------------------
3. Are any postpetition receivables (accounts, notes, or loans) due from related
parties? X
------------------------------------------------------------------------------------------------------
4. Have any payments been made on prepetition liabilities this reporting period? X
------------------------------------------------------------------------------------------------------
5. Have any postpetition loans been received by the debtor from any party? X
------------------------------------------------------------------------------------------------------
6. Are any postpetition payroll taxes 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>
If the answer to any of the above questions is "YES", provide a detailed
explanation of each item. Attach additional sheets if necessary
Refer to Attached.
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
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INSURANCE YES NO
--------------------------------------------------------------------------------
1. Are worker's compensation, general liability and other
necessary insurance coverage in effect? X
--------------------------------------------------------------------------------
2. Are all premium payments paid current? X
--------------------------------------------------------------------------------
3. Please itemize policies below
--------------------------------------------------------------------------------
If the answer to any of the above questions is "NO", or if any policies have
been canceled or not renewed during this reporting period, provide explanation
below. Attach additional sheets if necessary.
--------------------------------------------------------------------------------
INSTALLMENT PAYMENTS
--------------------------------------------------------------------------------
PAYMENT AMOUNT
TYPE OF POLICY CARRIER PERIOD COVERED & FREQUENCY
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
<PAGE> 16
DEBTOR: GENICOM CORPORATION
ACCRUAL BASIS-8a
CASE NUMBER: 00-1383
3. Yes, related to intercompany transactions between GENICOM U.S. and
it's foreign subsidiaries as goods are shipped to GENICOM
Transglobal, it's international warehouse.
4. Pursuant to court approved motion to authorize Debtor to pay
certain prepetition compensation & related benefits.
5. Pursuant to court authorized DIP postpetition loan facility of up
to $6.9M; $6.9M was borrowed and was outstanding as of 4/2/00
11. See #4.
<PAGE> 17
DEBTOR: GENICOM CORPORATION
ACCRUAL BASIS-9
CASE NUMBER: 00-1383
<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------------
PERSONAL
-----------------------------------------------------------------------------------------------
Full Time Part Time
-----------------------------------------------------------------------------------------------
<S> <C> <C>
1. Total Number of employees at beginning of period 871
-----------------------------------------------------------------------------------------------
2. Number of employees hired during the period 7
-----------------------------------------------------------------------------------------------
3. Number of employees terminated or resigned during the period 125
-----------------------------------------------------------------------------------------------
4. Total number of employees on payroll at end of period 753
-----------------------------------------------------------------------------------------------
</TABLE>
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CHANGE OF ADDRESS
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If your mailing address has changed and you have not previously notified the
United States Trustees of the change, list your new address below.
Date of Change
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New Address
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