Norpac Report Complete.pdfCase No. Lead: 19-62584-pcm11
Debtor Norpac Foods, Inc., Hermsiton Foods, LLC, Quincy Foods, LLC
Report Month/Year October, 2019
Not The debtor submits the following with this monthly financial
report: Completed Applicable UST-11 Comparative Income Statement or
debtor's income statement (must include all line items X
specified on UST-11).
UST-12 Comparative Balance Sheet or debtor's balance sheet (must
include all line items specified X on UST-12. The debtor's balance
sheet, if used, shall include a breakdown of pre- and post-petition
liabilities. The breakdown may be provided as a separate attachment
to the debtor's balance sheet.
UST-13 Comparative Cash Flow Statement or debtor's cash flow
statement (must include all line X items specified on UST-13).
Complete this statement if the debtor is reporting based on the
accrual basis of accounting. This is the required method, unless
other arrangements have been made with the U.S. Trustee.
UST-14 Summary of Disbursements X
UST-14A Statement of Cash Receipts and Disbursements X Complete one
or more to include all bank accounts or other sources of debtor
funds. Attach copies of monthly bank statements and all supporting
documents described in the instructions.
UST-14B Additional Disbursement Information X
UST-15 Statement of Aged Receivables X Provide a detailed
accounting of aged receivables on, or as an attachment to,
UST-15.
UST-16 Statement of Aged Post-Petition Payables X Provide a
detailed accounting of aged post-petition payables on, or as an
attachment to, UST-16.
UST-17 Statement of Operations X When applicable, UST-17 shall
include copies of supporting documents such as an escrow statement
for the sale of real property, an auctioneer's report for property
sold at auction, or a certificate of insurance or copy of debtor's
bond for any change in insurance or bond coverage.
MONTHLY OPERATING REPORT FOR CORPORATE OR PARTNERSHIP DEBTOR
(Including LLCs and LLPs)
Instructions: The debtor's monthly financial report shall include
this cover sheet signed by the debtor and all UST forms and
supporting documents. Exceptions, if allowed, are noted in the
checklist below. Failure to comply with the reporting requirements
of Local Bankruptcy Rule 2015-1(b) and 2015-2, or the U.S.
Trustee's reporting requirements, is cause for conversion or
dismissal of the case.
DEBTOR'S CERTIFICATION I certify under penalty of perjury that (1)
I have personally prepared this financial report or directly
supervised its preparation, and (2) the information contained in
this monthly financial report is complete, true, and accurate to
the best of my knowledge, information, and belief.
BY:________________________________________
DATE:____________________
TITLE:__________________________ The debtor, or trustee, if
appointed, must sign the monthly financial report. Only an
authorized officer may sign a financial report for a corporate
debtor and only a general partner has authority to sign a financial
report for a partnership debtor. Debtor's counsel may not sign a
financial report for the debtor.
Monthly Operating Report -Corporate or Partnership Debtor United
States Trustee-Oregon
Page 1 of 16 (Revised 3/4/11)
/s/ Winston Mar 11/20/2019 Chief Restructuring Officer
Case 19-62584-pcm11 Doc 433 Filed 11/20/19
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UST-11
Debtor: Norpac Foods, Inc., Hermsiton Foods, LLC, Quincy Foods,
LLC
MO/YR MO/YR MO/YR Cumulative For the Month of: 08/2019 To
Date
Revenue - Less: Returns and Allowances - NET REVENUE - - - -
Cost of Goods sold: Beginning Inventory - Add: Purchases - Less:
Ending Inventory -
Cost of Goods Sold - - - -
TOTAL COST OF GOOD SOLD - - - -
Other Operating Expenses: Officers' Salaries (Gross) - Other
Salaries (Gross) - Depreciation and Amortization - Employee
Benefits - Payroll Taxes (Employer's portion) - Insurance - Rent -
General and Administrative -
TOTAL OPERATING EXPENSES - - - - NET OPERATING INCOME (LOSS) - - -
-
Add: Other Income -
Less: Interest Expense -
TOTAL NON-RECURRING ITEMS - - - -
GAIN (LOSS) ON DISPOSAL OF ASSETS -
NET INCOME (LOSS) BEFORE INCOME TAX - - - - Income Taxes - NET
INCOME (LOSS) - - - -
UST-11, COMPARATIVE INCOME STATEMENT
See Attached
Page 2 of 16 (Revised 3/4/11)
Case 19-62584-pcm11 Doc 433 Filed 11/20/19
UST-12
Debtor: Norpac Foods, Inc., Hermsiton Foods, LLC, Quincy Foods,
LLC
MO/YR MO/YR MO/YR PER SCHEDULES ASSETS As of month ending: 08/2019
(i.e. Petition Date)
Current Assets Cash-Restricted Cash-Unrestricted TOTAL CASH
Accounts Receivable Less: Allowance for Doubtful Accounts NET
ACCOUNTS RECEIVABLE
Notes Receivable Insider Receivables Inventory (see note below)
Prepaid Expenses Other- Investments
TOTAL CURRENT ASSETS - Fixed Assets
Real Property/Buildings Equipment Accumulated Depreciation
NET FIXED ASSETS
LIABILITIES Post-Petition Liabilities
Trade Accounts Payable Taxes Payable Accrued Professional Fees
Notes Payable Rents and Lease payables Accrued Interest Other
(specify)
TOTAL POST-PETITION LIABILITIES - - Pre-Petition Liabilities
Secured Debt Priority Debt Unsecured Debt Other (attach list)
TOTAL PRE-PETITION LIABILITIES -
TOTAL LIABILITIES -
Method of inventory valuation (Cost, Lower of Cost or Market, FIFO,
LIFO, Other) : Cost, Net Book Value
UST-12, COMPARATIVE BALANCE SHEET
Page 3 of 16 (Revised 3/4/11)
Case 19-62584-pcm11 Doc 433 Filed 11/20/19
UST-12
Debtor: Norpac Foods, Inc., Hermsiton Foods, LLC, Quincy Foods,
LLC
MO/YR MO/YR MO/YR PER SCHEDULES EQUITY As of month ending: 08/2019
(i.e. Petition Date)
Owners' Equity (or Deficit)
TOTAL OWNERS' EQUITY (DEFICIT) - - -
FOOTNOTES TO BALANCE SHEET:
UST-12, COMPARATIVE BALANCE SHEET
Page 4 of 16 (Revised 3/4/11)
Case 19-62584-pcm11 Doc 433 Filed 11/20/19
UST-13
Debtor: Norpac Foods, Inc., Hermsiton Foods, LLC, Quincy Foods,
LLC
MO/YR MO/YR MO/YR Cumulative As of month ending: 08/2019 Filing to
Date
NET INCOME (LOSS) -
ADJUSTMENTS TO RECONCILE NET INCOME TO NET CASH:
Depreciation and Amortization (Gain) Loss on Sale of Assets
(Increase) Decrease in Prepaids (Increase) Decrease in Receivables
(Increase) Decrease in Inventory
Increase (Decrease) in Payables Increase (Decrease) in Taxes
Payable Increase (Decrease) in Professional Fees Increase
(Decrease) in Rents/Leases Pay Increase (Decrease) in Accrued
Interest
NET CASH PROVIDED BY OPERATIONS -
CASH FLOWS FROM INVESTING/FINANCING:
Purchase of Fixed Assets Proceeds from Sale of Fixed Assets Capital
Contributions Loan Proceeds Loan Principal and Capital Lease
Payments
NET INCREASE (DECREASE) IN CASH -
BEGINNING CASH - - -
ENDING CASH
See Attached
Page 5 of 16 (Revised 3/4/11)
Case 19-62584-pcm11 Doc 433 Filed 11/20/19
UST-14
Debtor: Norpac Foods, Inc., Hermsiton Foods, LLC, Quincy Foods,
LLC
(UST-14A, with attachments, should follow this page.)
COMPUTATION OF MONTHLY DISBURSEMENT TOTAL Total disbursements from
UST-14A 40,440,803.32 Cash payments not included in total above (if
any) -$ Disbursements made by third parties for the debtor (if any,
explain) -$
TOTAL DISBURSEMENTS THIS MONTH FROM ALL SOURCES 40,440,803.32$ Yes
No
At the end of this reporting month, did the debtor have any
delinquent statutory fees owing to the U.S. Trustee? X
(If yes, list each quarter that is delinquent and the amount due
along with an explanation)
Quarter Explanation Amount
UST-14, SUMMARY OF DISBURSEMENTS
INSTRUCTIONS: BEFORE COMPLETING THIS PAGE, prepare UST-14A (see
next page) to include all bank accounts or other sources of the
debtor's funds. The disbursement total will be used to complete
this SUMMARY OF DISBURSEMENTS.
The debtor is responsible for providing accurate monthly
disbursement totals for purposes of calculating its obligation
pursuant to 28 U.S.C. § 1930(a)(6) to pay statutory fees to the
U.S. Trustee. The disbursement total encompasses all payments made
by the debtor during the reporting month, whether made directly by
the debtor or by another party for the debtor. It includes checks
written and cash payments for inventory and equipment purchases,
payroll and related taxes and expenses, other operating costs, and
debt reduction. It also includes payments made pursuant to joint
check arrangements and those resulting from a sale or liquidation
of the debtor's assets. The only transactions normally excluded
from the disbursement total are transfers within the same reporting
month between multiple debtor accounts.
The U.S. Trustee payment is due on the last day of the month
following the end of each calendar quarter, or on April 30, July
31, October 31, and January 31, respectively. Because the amount
billed is an estimate, the debtor is responsible for paying the
correct statutory fee based on actual disbursements for the
calendar quarter, or portion thereof while the debtor is in Chapter
11 (i.e. until the case is converted, dismissed, or closed by final
decree). Failure to pay statutory fees to the U.S. Trustee is cause
for conversion or dismissal of the case. A copy of the statutory
fee schedule may be found in the Chapter 11 Guidelines on the U.S.
Trustee's website located at:
http://www.justice.gov/ust/r18/portland/chapter11.htm
http://www.justice.gov/ust/r18/eugene/chapter11.htm
If you have any questions about how to compute the disbursement
total, please call the U.S. Trustee's office:
Portland, OR (503) 326-4000 Eugene, OR (541) 465-6330
Monthly Operating Report -Corporate or Partnership Debtor United
States Trustee-Oregon
Page 6 of 16 (Revised 3/4/11)
Case 19-62584-pcm11 Doc 433 Filed 11/20/19
UST-14A Case Number: Lead: 19-62584-pc
Debtor: Report Mo/Yr: October, 2019 Norpac Foods, Inc., Hermsiton
Foods, LLC, Quincy Foods, LLC
Depository (Bank) Name Account Number Type of Account TOTALS
Beginning Cash Balance - Add: Transfers in - Receipts deposited -
Other (identify source) - Total Cash Receipts - - - - -
Subtract: Transfers out - Disbursements by check or debit - Cash
withdrawn - Other (identify source) - Total Cash Disbursements - -
- - -
Ending Cash Balance - - - - -
Does each account identified above include the following supporting
documents, as required: Indicate YES, NO or NOT APPLICABLE in the
boxes below.
Monthly bank statement copy YES (do not include bank statement
copies with the report filed with the Bankruptcy Court)
Bank reconciliation (including outstanding checks and deposits in
transit) YES
A detailed list of receipts for the account (deposit log or
receipts journal) YES
A detailed list of disbursements for the account (check register or
disbursement journal) YES
Funds received and/or disbursed by another party N/A
UST-14A - STATEMENT OF CASH RECEIPTS AND DISBURSEMENTS
INSTRUCTIONS: Include all bank accounts or other source of the
debtor's funds and attach supporting documents as indicated on the
checklist below. Use additional sheets as necessary.
See Attached
Page 7 of 16 (Revised 3/4/11)
Case 19-62584-pcm11 Doc 433 Filed 11/20/19
UST-14A Case Number: 19-62584-pcm11
Depository (Bank) Name Account Number Type of Account TOTALS
Beginning Cash Balance - Add: Transfers in - Receipts deposited -
Other (identify source) - Total Cash Receipts - - - - -
Subtract: Transfers out - Disbursements by check or debit - Cash
withdrawn - Other (identify source) - Total Cash Disbursements - -
- - -
Ending Cash Balance - - - - -
Does each account identified above include the following supporting
documents, as required: Indicate YES, NO or NOT APPLICABLE in the
boxes below.
Monthly bank statement copy YES (do not include bank statement
copies with the report filed with the Bankruptcy Court)
Bank reconciliation (including outstanding checks and deposits in
transit) YES
A detailed list of receipts for the account (deposit log or
receipts journal) YES
A detailed list of disbursements for the account (check register or
disbursement journal) YES
Funds received and/or disbursed by another party N/A
UST-14A - STATEMENT OF CASH RECEIPTS AND DISBURSEMENTS
INSTRUCTIONS: Include all bank accounts or other source of the
debtor's funds and attach supporting documents as indicated on the
checklist below. Use additional sheets as necessary.
See Attached
Page 8 of 16 (Revised 3/4/11)
Case 19-62584-pcm11 Doc 433 Filed 11/20/19
UST-14A Case Number: 19-33103-pcm11
Depository (Bank) Name Wells Fargo Signature Bank Signature Bank
Account Number XXXXXX1025 XXXXXX8795 XXXXXX8809 Type of Account
Operating Operating Payroll TOTALS
Beginning Cash Balance - - - - Add: Transfers in 11,228.04
4,331,131.26 1,926,951.20 6,269,310.50 Receipts deposited - - - -
Other- Posting Error Correction Credit 514.56 0.40 - 514.96 Total
Cash Receipts 11,742.60 4,331,131.66 1,926,951.20 -
6,269,825.46
Subtract: Transfers out - (2,661.08) (2,638.16) (5,299.24)
Disbursements by check or debit (11,742.60) (4,328,470.58)
(1,924,313.04) (6,264,526.22) Cash withdrawn - - - - Other
(identify source) - - - - Total Cash Disbursements (11,742.60)
(4,331,131.66) (1,926,951.20) - (6,269,825.46)
Ending Cash Balance - - - - -
Does each account identified above include the following supporting
documents, as required: Indicate YES, NO or NOT APPLICABLE in the
boxes below.
Monthly bank statement copy YES (do not include bank statement
copies with the report filed with the Bankruptcy Court)
Bank reconciliation (including outstanding checks and deposits in
transit) YES
A detailed list of receipts for the account (deposit log or
receipts journal) YES
A detailed list of disbursements for the account (check register or
disbursement journal) YES
Funds received and/or disbursed by another party N/A
UST-14A - STATEMENT OF CASH RECEIPTS AND DISBURSEMENTS
INSTRUCTIONS: Include all bank accounts or other source of the
debtor's funds and attach supporting documents as indicated on the
checklist below. Use additional sheets as necessary.
Monthly Operating Report -Corporate or Partnership Debtor United
States Trustee-Oregon
Page 9 of 16 (Revised 3/4/11)
Case 19-62584-pcm11 Doc 433 Filed 11/20/19
UST-14A Case Number: 19-33102-pcm11
Depository (Bank) Name Wells Fargo Signature Bank Signature Bank
Account Number XXXXXX1017 XXXXXX8779 XXXXXX8787 Type of Account
Operating Operating Payroll TOTALS
Beginning Cash Balance - - - - Add: Transfers in 68.41 11,895.06
109,674.40 121,637.87 Receipts deposited - - - - Other (identify
source) - - - - Total Cash Receipts 68.41 11,895.06 109,674.40 -
121,637.87
Subtract: Transfers out - - - - Disbursements by check or debit
(68.41) (11,895.06) (109,674.40) (121,637.87) Cash withdrawn - - -
- Other (identify source) - - - - Total Cash Disbursements (68.41)
(11,895.06) (109,674.40) - (121,637.87)
Ending Cash Balance - - - - -
Does each account identified above include the following supporting
documents, as required: Indicate YES, NO or NOT APPLICABLE in the
boxes below.
Monthly bank statement copy YES (do not include bank statement
copies with the report filed with the Bankruptcy Court)
Bank reconciliation (including outstanding checks and deposits in
transit) YES
A detailed list of receipts for the account (deposit log or
receipts journal) YES
A detailed list of disbursements for the account (check register or
disbursement journal) YES
Funds received and/or disbursed by another party N/A
UST-14A - STATEMENT OF CASH RECEIPTS AND DISBURSEMENTS
INSTRUCTIONS: Include all bank accounts or other source of the
debtor's funds and attach supporting documents as indicated on the
checklist below. Use additional sheets as necessary.
Monthly Operating Report -Corporate or Partnership Debtor United
States Trustee-Oregon
Page 10 of 16 (Revised 3/4/11)
Case 19-62584-pcm11 Doc 433 Filed 11/20/19
UST-14B
Debtor: Norpac Foods, Inc., Hermsiton Foods, LLC, Quincy Foods,
LLC
Payments on Pre-Petition Unsecured Debt (requires court approval)
Did the debtor, or another party on behalf of the debtor, make any
payments during this reporting month on pre-petition unsecured
debt? If "yes", complete table for each payment.
Payment Date of Court Payee's Name Nature of Payment Date Amount
Approval Yes No
X
Payments to Attorneys and Other Professionals (requires court
approval) Did the debtor, or another party on behalf of the debtor,
make any payments during this reporting month to a professional
such as an attorney, accountant, realtor, appraiser, auctioneer,
business consultant, or other professional person? If "yes",
complete table for each payment.
Type of Payment Date of Court Professional's Name Work Performed
Date Amount Approval Yes No
X
Payments to an Officer, Director, Partner, or Other Insider of the
Debtor Did the debtor, or another party on behalf of the debtor,
make any payments during this reporting month to, or for the
benefit of, an officer, director, partner, member, shareholder or
other insider of the debtor? If "yes", complete table for each
payment.
Payment Purpose of Payee's Name Relationship to Debtor Date Amount
Payment Yes No
X
INSTRUCTIONS: Use the last column to describe the purpose of each
payment, such as gross wages or salary, reimbursement for business
expenses, loan repayment, advance, draw, bonus, dividend, stock
distribution, or other reason for the payment.
UST-14B, ADDITIONAL DISBURSEMENT INFORMATION
CERTIFICATION OF BANK ACCOUNTS:
The undersigned certifies under penalty of perjury that every
financial account used by the debtor is accounted for in UST-14A of
this report and is held in a depository included on the U.S.
Trustee's list of authorized depositories. The undersigned further
certifies that each such depository has been notified that the
account holder is a debtor in a Chapter 11 case under the
jurisdiction of the Bankruptcy Court.
BY: _____________________________________________
DATE:______________
Page 11 of 16 (Revised 3/4/11)
/s/ Winston Mar 11/20/2019
UST-15
Debtor: Norpac Foods, Inc., Hermsiton Foods, LLC, Quincy Foods,
LLC
Accounts Receivable Aging Balance at Current Past Due Past Due Past
Due Uncollectible Month End Portion 31-60 days 61-90 days over 90
days Receivables
Pre-petition 748,206 - - 602,421 220,785 (75,000)
Post-petition 25,885,880 24,289,530 1,516,973 79,377 -
TOTALS 26,634,085 24,289,530 1,516,973 681,797 220,785
(75,000)
Once a debt has been outstanding over 10 days past due, Norpac's
collections department contacts the debtor for payment.
Accounts Receivable Reconciliation Post Petition Pre-Petition
Totals
Opening Balance 21,899,112 2,139,997 24,039,109 Add: Sales on
account 32,537,025 - 32,537,025 Less: Payments on account
(27,228,962) (1,310,817) (28,539,779) Less: Write-offs or other
adjustments (1,321,295) (80,974) (1,402,270) Closing Balance
25,885,880 748,205 26,634,085
Insider Receivable Reconciliation Insider Name (e.g. officer,
director, partner, member, shareholder) Relationship to
Debtor
Opening Balance (if first report, use the balance on date of
filing) Add: Current month advances Less: Current month payments
Closing Balance - - -
UST-15, STATEMENT OF AGED RECEIVABLES
INSTRUCTIONS: Complete all portions of UST-15, STATEMENT OF AGED
RECEIVABLES, unless the debtor asserts the following two statements
are true for this reporting month:
º At the beginning of the reporting month, the debtor did not have
any uncollected pre-petition or post-petition accounts receivable;
and,
º During the reporting month, the debtor did not have any
receivables activity, including the accrual of new accounts
receivable, or the collection or write-off of accounts receivable
from prior months.
Initial here ___________ if the debtor asserts that both statements
above are correct and then skip to UST-16, Statement of
Post-Petition Payables.
Monthly Operating Report -Corporate or Partnership Debtor United
States Trustee-Oregon
Page 12 of 16 (Revised 3/4/11)
Case 19-62584-pcm11 Doc 433 Filed 11/20/19
UST-16 Case Number: Lead: 19-62584-pc Report Mo/Yr: October,
2019
Debtor: Norpac Foods, Inc., Hermsiton Foods, LLC, Quincy Foods,
LLC
Accounts Payable Aging Balance at Current Past Due Past Due Past
Due Month End Portion 31-60 days 61-90 days over 90 days
Post-petition 4,481,341 4,429,973 41,684 9,684 -
1. For Accounts Payable more than 30 days past due, explain why
payment has not been made.
2. Attach the debtor's accounts payable aging report.
Post-Petition Trade Accounts Payable Reconciliation
Opening Balance 11,217,427
Closing Balance 4,481,341
UST-16, STATEMENT OF AGED POST-PETITION PAYABLES PART A - TRADE
ACCOUNTS PAYABLE
INSTRUCTIONS: Complete PART A - TRADE ACCOUNTS PAYABLE unless the
debtor asserts that this statement is true for this reporting
month:
° Except for taxes disclosed in PART B of this report, the debtor
has no other unpaid post-petition payables from the current
reporting month or from any prior post-petition months.
Initial here __________if the debtor asserts that the statement
above is correct and then skip to UST-16, Part B, Taxes.
Monthly Operating Report -Corporate or Partnership Debtor United
States Trustee-Oregon
Page 13 of 16 (Revised 3/4/11)
Case 19-62584-pcm11 Doc 433 Filed 11/20/19
UST-16
Debtor: Norpac Foods, Inc., Hermsiton Foods, LLC, Quincy Foods,
LLC
Reconciliation of Unpaid Post-Petition Taxes 1 2 3 4
Unpaid Post-petition Post-petition Taxes Post-petition Tax Taxes at
End of Taxes from Prior Accrued this Month Payments Made this
Reporting Month
Type of Tax Reporting Month (New Obligations) Reporting Month
(Column 1+2-3=4)
Employee Income Tax Withheld 184,250.39 533,579.61 662,596.57
1,380,427 FICA/Medicare-Employee 162,330.85 431,429.89 539,927.50
1,133,688 FICA/Medicare-Employer 161,867.90 429,990.26 538,140.17
1,129,998 Unemployment (FUTA) 1,411.35 2,518.91 3,770.52
7,701
Employee Income Tax Withheld 85,587.37 275,784.90 330,109.72
691,482 Unemployment (SUTA) 61,984.43 144,810.08 189,683.02 396,478
Worker's Compensation 1,818.49 5,482.48 6,589.78 13,891
Corporate Income Tax 5,510 4,166 - 9,676 Local City/County Tax - -
- - Sales Tax 667 765 (805) 627 Personal Property Tax - - - - Real
Property Tax 115,781 172,488 (70,411) 217,858 Other 5,820.35
64,797.14 57,576.47 128,194
Total Unpaid Post-Petition Taxes 5,110,020 *Other includes OR
Transit Tax, SDI:WA, SDI: CA, WA Rate Class 1-40 Emp Admind Fund
,
Is the debtor delinquent in any tax reporting? NO
OTHER TAXES
UST-16, BUSINESS STATEMENT OF AGED POST-PETITION PAYABLES PART B -
TAXES
FEDERAL EMPLOYMENT TAXES
STATE EMPLOYMENT TAXES
CERTIFICATION: The undersigned certifies under penalty of perjury
that all post-petition taxes required to be withheld or collected
have been paid to the appropriate taxing authority or that a
deposit for such amounts has been made into a separate bank tax
account as more fully described below.
BY:___________________________________________
DATE:_____________________
Page 14 of 16 (Revised 3/4/11)
/s/ Winston Mar 11/20/2019
UST-17
Debtor: Norpac Foods, Inc., Hermsiton Foods, LLC, Quincy Foods,
LLC
INSTRUCTIONS: Answer each question fully and attach additional
sheets as necessary to provide a complete response
Question 1 - Sale of the Debtor's Assets Did the debtor, or another
party on behalf of the the debtor, sell, transfer, or otherwise
dispose of any Yes No of the debtor's assets during the reporting
month that are out of the ordinary course of the debtor's business
If yes, attach a schedule identifying each asset, date of sale
notice, method of disposition, and X gross and net sale proceeds
received. If real property was sold, attach a copy of the closing
statement.
Question 2 - Financing During the reporting month, did the debtor
receive any financing, or loans from a non-insider funding source?
If yes, indicate the source of the funds, date paid to debtor,
dollar amount, and date of court approval.
Date of Court Source of Funds Date Paid Amount Approval Yes
No
CoBank, ACB 10/18/2019 $2,500,000.00 09/04/19 CoBank, ACB
10/25/2019 $3,000,000.00 09/04/19 X CoBank, ACB 10/30/2019
$3,000,000.00 09/04/19 Question 3 - Insider loans During the
reporting month, did the debtor receive any funds from an officer,
director, partner, member, shareholder, or other insider of the
debtor? If yes, indicate the source of funds, date paid to debtor,
dollar amount, and date of court approval.
Date of Court Source of Funds Date Paid Amount Approval Yes
No
X
Question 4 - Insurance and Bond Coverage Yes No
Did the debtor renew or replace any insurance policies during this
reporting month? If yes, attach a certificate of insurance for each
renewal or change in coverage. X
Were any of the debtor's insurance policies canceled or otherwise
terminated for any reason during the reporting month? If yes,
explain. X
Were any claims made during this reporting month against the
debtor's bond? (Answer "No" if the debtor is not required to have a
bond). If yes, explain. X
Question 5 - Significant Events. The debtors have sustained
operating losses over the past five years and sought Chapter 11
Bankruptcy protection to assist with the sale of the business and
assets.
UST-17 STATEMENT OF OPERATIONS
Page 15 of 16 (Revised 3/4/11)
Case 19-62584-pcm11 Doc 433 Filed 11/20/19
UST-17
Debtor: Norpac Foods, Inc., Hermsiton Foods, LLC, Quincy Foods,
LLC
Estimated Date To be Filed
Filed ? If not Filed
Disclosure Statement: NO 12/20/2019
Plan of Reorganization: NO 12/20/2019
WHERE TO FILE A MONTHLY OPERATING REPORT: Local Bankruptcy Rule
2015-2 requires the debtor to file its monthly financial report
with the U.S. Bankruptcy Court.
File the original….(select only one)
For a Chapter 11 case filed in Portland, OR: For a Chapter 11 case
filed in Eugene, OR: United States Bankruptcy Court United States
Bankruptcy Court 1001 SW 5th Avenue, 7th floor 405 East 8th Avenue,
Suite 2600 Portland, OR 97204 Eugene, OR 97401
UST-17, STATEMENT OF OPERATIONS (Continued)
CERTIFICATION: The undersigned certifies that copies of this report
and supporting documents have been served upon each of the
following persons in this case: U.S. Trustee; the chairperson of
each official committee of creditors or equity security holders and
the attorney(s) for each such committee; the debtor and the
debtor's attorney; and the trustee and the trustee's attorney, if
applicable.
BY:_____________________________________________
DATE:____________________
Send U.S. Trustee's copy to: (select only one)
For a Chapter 11 case filed in Portland, OR: For a Chapter 11 case
filed in Eugene, OR:
Office of the United States Trustee Office of the United States
Trustee 620 SW Main Street, Suite 213 405 East 8th Avenue, Suite
1100 Portland, OR 97205 Eugene, OR 97401
Question 6 - Case Progress. Debtors have not begun to work on
confirmation of a plan of reorganization.
Monthly Operating Report -Corporate or Partnership Debtor United
States Trustee-Oregon
Page 16 of 16 (Revised 3/4/11)
/s/ Winston Mar 11/20/2019
Chief Restructuring Officer 213-986-4714
Consolidated NORPAC Foods, Inc. Statement of Operations
Current year Current year Current year Cumulative Month of Month of
Month of Post-Petition
Revenue Aug 22-31, 2019 Sep 2019 Oct 2019 Aug 22- Oct 31
Frozen 8,017,973 24,577,547 28,914,097 61,509,617 Canned 0 0 0 0
Product purchased for resale 172,627 523,510 617,649 1,313,786 Sale
of canning business 0 0 0 0 Sale of soup business 0 0 0 0 Gross
sales 8,190,600 25,101,057 29,531,746 62,823,403
Toll pack revenue 0 0 22,935 22,935 Freight & storage revenue
699,333 1,887,418 2,240,334 4,827,086
Gross Revenue 8,889,933 26,988,475 31,795,015 67,673,424 Cost of
sales
Off invoice allowances 301,917 815,722 909,196 2,026,834 Disc.
allowed 118,731 415,958 453,926 988,615 M.D.P. 0 0 0 0 Trade spend
716,647 1,686,032 1,558,346 3,961,025 Other (113,841) (6,186)
37,286 (82,741)
Total cost of sales 1,023,453 2,911,527 2,958,755 6,893,734 Net
Revenue 7,866,480 24,076,949 28,836,261 60,779,689
Cost of Goods Raw product - pool 2,238,928 3,959,616 4,228,718
10,427,262 Raw product - non-pool 2,318,056 7,645,565 3,960,686
13,924,306 Harvest/hauling expense 206,910 1,104,785 737,089
2,048,784 Ingredients 23,058 3,545,125 3,221,531 6,789,714
Purchased for resale 270,625 183,385 333,657 787,667
Product costs 5,057,576 16,438,475 12,481,681 33,977,732
Labor 1,916,270 5,119,786 4,821,458 11,857,514 Packaging 455,823
2,004,361 3,236,831 5,697,015 Manufacturing 1,656,557 3,341,699
3,639,086 8,637,342
Processing costs 4,028,650 10,465,847 11,697,374 26,191,871
Fwd freight & storage 752,682 2,731,911 2,646,940 6,131,532
Local transportation 31,293 136,004 144,965 312,262
Freight & storage costs 783,975 2,867,915 2,791,905
6,443,795
Beginning inventory 115,819,405 123,719,004 137,236,209 115,819,405
Ending inventory (123,719,004) (137,236,209) (144,211,412)
(144,211,412) Budgeted over (under) absorption 2,800,000 5,200,000
1,800,000 9,800,000 Unfavorable (favorable) variance 2,091,000
417,000 3,108,000 5,616,000
Inventory variance (3,008,599) (7,900,205) (2,067,203) (12,976,007)
Total Cost of Goods 6,861,602 21,872,031 24,903,757
53,637,390
Gross Margin 1,004,878 2,204,917 3,932,504 7,142,299
Expenses Local storage & handling 375,666 2,176,905 2,149,480
4,702,051 Selling, mkting & prod dev 123,630 397,978 404,660
926,269 General & admin. - plant 74,312 243,013 306,267 623,592
General & admin. - corp 564,070 1,615,695 2,374,107 4,553,872
Interest 569,349 1,208,110 1,363,064 3,140,523 Depreciation &
amortization 197,370 607,819 599,263 1,404,452 Total Expenses
1,904,398 6,249,521 7,196,841 15,350,760
Net Operating Margin (899,520) (4,044,604) (3,264,337)
(8,208,461)
Other income 34,514 134,270 157,881 326,665 Net Income Before Tax
(865,007) (3,910,334) (3,106,456) (7,881,797)
Provision for income taxes (1,075) (3,334) 4,166 (243) Net
Income/(Loss) (863,931) (3,907,000) (3,110,622) (7,881,553)
Case 19-62584-pcm11 Doc 433 Filed 11/20/19
Consolidated NORPAC Foods, Inc. Comparative Balance Sheet- Assets
For the Month Ending October 31, 2019 ASSETS Month Ending 8/31/2019
Month Ending 9/30/2019 Month Ending 10/31/2019
Consolidated Bank Balances 14,062,568 11,927,384 9,301,115 Petty
Cash 2,400 3,900 3,900
Cash 14,064,968 11,931,284 $9,305,015
NORPAC Foods 23,150,532 24,090,652 26,814,135 Outside packer A/R
941,345 1,185,147 1,318,858 Other receivables 43,953 326 50
Allowance for doubtful accounts (75,000) (75,000) (75,000) Foreign
exchange reserve - - 0 Discounts allowed (398,236) (398,236)
(398,236) Outside packer payable (552,372) (763,779)
(1,025,722)
Total trade receivables 23,110,222 24,039,109 26,634,085
Finished & bulk 125,928,004 139,434,209 146,406,412 Revenue
recognition - FOB dest. - - 0 Reserve (2,209,000) (2,198,000)
(2,195,000) Finished inventory 123,719,004 137,236,209 $144,211,412
Packaging 4,210,040 4,176,958 3,685,819 Reserve - packaging - - 0
Labels 204,255 191,926 187,887 Repairs & maintenance 3,785,732
3,777,795 3,790,684 Seed 858,996 913,623 1,110,512 Absorption
(9,270,000) (14,887,000) (19,795,000)
Total inventories 123,508,028 131,409,512 133,191,314
Prepaid slotting/selling 512,444 518,800 481,514 Property taxes - -
23,470 Other prepaid & other current 3,766,405 3,870,175
4,624,574
Total prepaid & other current 4,278,849 4,388,975
5,129,557
Income tax receivable 121,953 121,953 121,953 Deferred tax asset
37,500 45,000 45,000 Total current assets 165,121,520 171,935,834
174,426,925
Land 4,967,774 4,967,774 4,967,774 Land & yard improvements
8,025,344 8,025,344 8,025,344 Buildings 55,662,544 55,662,544
55,662,544 Plant equipment 155,315,244 155,315,244 155,149,740
Office equipment 5,817,070 5,800,954 5,233,545 Trucks & autos
2,724,254 2,724,254 2,720,644 Harvesting equipment 4,850,264
4,850,264 4,850,264 Computer software 3,754,869 3,754,869 2,594,687
Construction in progress 1,717,180 1,717,180 1,717,180 Total fixed
assets - cost 242,834,543 242,818,427 240,921,722 Reserve for
depreciation (167,325,795) (167,889,314) (166,587,168)
Property, plant and equipment, net 75,508,747 74,929,113
74,334,554
Other 66,885 68,153 69,421 Receivables, noncurrent 66,885 68,153
69,421
CoBank "E" stock 4,539,703 4,539,703 4,539,703 Other co-ops 900,505
900,505 900,505
Investments 5,440,208 5,440,208 5,440,208
CSV executive life insurance 382,742 382,742 382,742 Other assets
707,972 798,114 698,437
Other assets 1,090,714 1,180,856 1,081,179
Intangibles 0 0 0
TOTAL ASSETS $247,315,773 $253,641,862 $255,439,986
Case 19-62584-pcm11 Doc 433 Filed 11/20/19
Consolidated NORPAC Foods, Inc. Comparative Balance Sheet- Post
petition Liabilites & Equity For the Month Ending October 31,
2019
LIABILITIES & EQUITY Month Ending
Seasonal loan 86,700,000 84,200,000 86,700,000 95,013 Notes
Payables (DIP Loan) 36,676,611 36,676,611 42,676,611 6,054,987
Other term lender - note payable - - - -
Notes payable, current portion 123,376,611 120,876,611 129,376,611
6,150,000
Accounts payable - trade 38,133,019 43,617,006 36,880,920
4,481,341
Terminal brokerage 225,521 429,412 201,104 (24,206) Trade spend
2,391,943 2,540,746 2,307,717 21,951 Vacations 1,798,260 1,798,260
1,798,260 (50,728) Leases 561,853 564,732 567,630 6,700 Interest
730,941 1,092 1,144,273 (817,945) Employers payroll and taxes
2,838,926 2,956,924 1,500,621 (752,125) Suppl. pension /
postretirement 833,882 833,882 833,882 - Property taxes 175,085
262,627 388,174 241,329 Deferred revenue - - - - Workers comp
reserve 741,149 781,865 835,981 101,695 Other liabilities 955,973
1,047,934 1,137,893 209,658
Accrued expenses & other liabilities 11,253,530 11,217,474
10,715,535 (1,063,673)
Income taxes - - - -
Due to growers 26,314,580 33,658,360 37,404,565 15,649,396
Deferred tax liability - - - - Total current liabilities
199,077,741 209,369,451 214,377,631 25,217,064
Term lenders - notes payable - - - - Other term lender - note
payable - - - -
Notes payable, noncurrent - - - -
Other liabilities 44,644,308 44,585,687 44,486,253 (202,768)
Deferred tax liability, noncurrent - - - -
Total patron's equity 28,520,337 28,520,337 28,520,337 -
Undistributed margin - prior yr - - - - Undistributed margin - curr
yr (10,492,301) (14,399,301) (17,509,923) (7,881,553) Accum. other
income (14,434,312) (14,434,312) (14,434,312) -
Total equity 3,593,724 (313,276) (3,423,898) (7,881,553) TOTAL
LIABILITIES AND EQUITY 247,315,773 253,641,862 255,439,986
17,132,742
Case 19-62584-pcm11 Doc 433 Filed 11/20/19
NORPAC Foods, Inc. Cash Flow Statement Fiscal Year 2020
Aug 22-31, 2019
Sep 1-30, 2019
Oct 1-31, 2019
Net margin/curr year pool ($863,931) ($3,907,000) ($3,110,622)
($7,881,553)
Adj. to unallocated pool margin: Depreciation 188,272 579,614
568,614 $1,336,500 Amortization Loan fees 0 0 0 $0 Intangibles
& other 27,257 71,849 67,935 $167,042 Deferred income taxes
(2,419) (7,500) 0 ($9,919)
Proceeds from sale of canning business 0 0 0 $0 Proceeds from sale
of soup business 0 0 0 $0 Non cash - ERP allowance/Lineage lease 0
0 0 $0
Gain on sale of assets 0 0 0 $0 Non cash coop disbursement 0 0 0
$0
Changes in operating assets & liabilities: Trade receivables
(1,439,150) (930,155) (2,596,244) ($4,965,548) Inventories
(2,786,549) (7,901,484) (1,781,803) ($12,469,836) Prepaid &
other (224,314) (272,117) (708,841) ($1,205,273) Income tax
receivable 0 0 0 $0 Accounts payable 5,733,440 5,483,986
(6,736,086) $4,481,341 Accrued expenses (570,390) (94,678)
(601,374) ($1,266,441) Income tax payable 0 0 0 $0 Due to growers
4,559,411 7,343,780 3,746,205 $15,649,396 Net cash from operations
4,621,627 366,296 (11,152,215) (6,164,292)
$0 Proceeds of fixed assets sales 0 0 0 $0 Purchase of fixed assets
(0) 20 25,945 $25,965 Change in investments 0 0 0 $0 Net cash from
investing (0) 20 25,945 25,965
Book overdraft 0 0 0 $0 Proceeds from LTD 0 0 0 $0 Decrease in LTD
financing 54,987 0 6,000,000 $6,054,987 Increase in LTD financing 0
0 0 $0 Net inc (dec) in ST financing 95,013 (2,500,000) 2,500,000
$95,013 Net change in equity 0 0 0 $0 Net cash from financing
150,000 (2,500,000) 8,500,000 6,150,000
Net change in cash 4,771,627 (2,133,684) (2,626,270) $11,673 Cash,
beginning of period 9,293,341 14,064,968 11,931,284 $9,293,341
Cash, end of period $14,064,968 $11,931,284 $9,305,015
$9,305,015
Case 19-62584-pcm11 Doc 433 Filed 11/20/19
Norpac Foods, Inc. (Consolidated) UST-14A UST-14A: Statement of
Cash Receipts and Disbursements Case Number: Lead: 19-62584-pcm11
10/1/2019 - 10/31/3019 Report Mo/Yr: October, 2019
PREVIOUS G/L BALANCE 11,927,384.35$
DEPOSITS: NORPAC Cash Received - WFB 27,343,161.36$ NORPAC Cash
recieved - Signature Bank 1,836,252.67$ CoBank Loan Advances
8,500,000.00$ Deposit in Transit - Current Month 278,112.07$
Deposit in Transit - Prior Month (142,017.29)$
DISBURSEMENTS: Wells Fargo Disbursements (45,157.69)$ Signature
Bank Disbursements (40,395,645.63)$
MISC JE: Reconciling Journal Entry: (975.25)$
GENERAL LEDGER BALANCE 9,301,114.59$
MISC OUTSTANDING Misc Outstanding Prior Months - To be Removed in
November (see J/E NF-61L Oct) (196.38)$ Subtotal (196.38)$
SUBTOTAL 9,300,918.21$
EOM BANK BALANCES: Wells Fargo (acct 417-0319073) 480,935.22$
Signature Bank (1503788906) 8,819,982.99$ Total Cash per Bank
Statements 9,300,918.21$
DIFFERENCE (0.00)$
Case 19-62584-pcm11 Doc 433 Filed 11/20/19
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Norpac Foods, Inc. (Consolidated) UST-14A UST-14B: Additional
Disbursement Information Case Number: Lead: 19-62584-pcm11 10/1/19-
10/31/2019 Report Mo/Yr: October, 2019
Payments on Pre-Petition Unsecured Debt (requires court approval)
Nature of Payment Date of Court
Payee's Name Payment Date Amount Approval Superior Foods
International LLC Pre-Petition PACA 10/1/2019 546,294.20 8/27/2019
Val-Mex Frozen Foods LLC Pre-Petition PACA 10/1/2019 240,839.00
8/27/2019 MB Global Foods Inc. Pre-Petition PACA 10/1/2019
106,218.11 8/27/2019 Payroll Recipient Prior Payroll Check Register
10/1/2019 318.64 8/26/2019 Payroll Recipient Prior Payroll Check
Register 10/1/2019 36.61 8/26/2019 Payroll Recipient Prior Payroll
Check Register 10/1/2019 470.19 8/26/2019 Payroll Recipient Prior
Payroll Check Register 10/1/2019 340.03 8/26/2019 Payroll Recipient
Prior Payroll Check Register 10/1/2019 169.96 8/26/2019 Payroll
Recipient Prior Payroll Check Register 10/1/2019 146.03 8/26/2019
Payroll Recipient Prior Payroll Check Register 10/1/2019 306.28
8/26/2019 Payroll Recipient Prior Payroll Check Register 10/1/2019
68.41 8/26/2019 Payroll Recipient Prior Payroll Check Register
10/1/2019 1,830.05 8/26/2019 Payroll Recipient Prior Payroll Check
Register 10/3/2019 305.94 8/26/2019 Payroll Recipient Prior Payroll
Check Register 10/3/2019 311.17 8/26/2019 Payroll Recipient Prior
Payroll Check Register 10/3/2019 405.26 8/26/2019 Payroll Recipient
Prior Payroll Check Register 10/4/2019 341.55 8/26/2019 Payroll
Recipient Prior Payroll Check Register 10/4/2019 209.95 8/26/2019
Payroll Recipient Prior Payroll Check Register 10/4/2019 514.69
8/26/2019 Payroll Recipient Prior Payroll Check Register 10/4/2019
453.25 8/26/2019 Payroll Recipient Prior Payroll Check Register
10/4/2019 411.78 8/26/2019 Payroll Recipient Prior Payroll Check
Register 10/4/2019 505.71 8/26/2019 Payroll Recipient Prior Payroll
Check Register 10/4/2019 337.80 8/26/2019 Payroll Recipient Prior
Payroll Check Register 10/7/2019 1,329.51 8/26/2019 Payroll
Recipient Prior Payroll Check Register 10/7/2019 478.18 8/26/2019
Payroll Recipient Prior Payroll Check Register 10/7/2019 712.87
8/26/2019 Payroll Recipient Prior Payroll Check Register 10/7/2019
388.43 8/26/2019 Payroll Recipient Prior Payroll Check Register
10/7/2019 1,510.13 8/26/2019 Payroll Recipient Prior Payroll Check
Register 10/7/2019 1,598.90 8/26/2019 Expor San Antonio, S.A.
Pre-Petition PACA 10/8/2019 428,097.34 8/27/2019 Wawona
Pre-Petition PACA 10/8/2019 55,321.31 8/27/2019 Payroll Recipient
Prior Payroll Check Register 10/8/2019 46.30 8/26/2019 Payroll
Recipient Prior Payroll Check Register 10/8/2019 359.70 8/26/2019
Payroll Recipient Prior Payroll Check Register 10/8/2019 247.61
8/26/2019 Payroll Recipient Prior Payroll Check Register 10/8/2019
49.62 8/26/2019 South Mill Mushroom - K Pre-Petition PACA 10/9/2019
357,960.00 8/27/2019 Johnson Foods, InC Pre-Petition PACA 10/9/2019
51,200.00 8/27/2019 Payroll Recipient Prior Payroll Check Register
10/9/2019 599.55 8/26/2019 Payroll Recipient Prior Payroll Check
Register 10/9/2019 580.39 8/26/2019 Payroll Recipient Prior Payroll
Check Register 10/9/2019 498.17 8/26/2019 Payroll Recipient Prior
Payroll Check Register 10/9/2019 28.44 8/26/2019 Payroll Recipient
Prior Payroll Check Register 10/9/2019 28.18 8/26/2019 Payroll
Recipient Prior Payroll Check Register 10/9/2019 542.20 8/26/2019
Payroll Recipient Prior Payroll Check Register 10/9/2019 533.52
8/26/2019 Payroll Recipient Prior Payroll Check Register 10/9/2019
333.09 8/26/2019 Payroll Recipient Prior Payroll Check Register
10/9/2019 155.67 8/26/2019 Payroll Recipient Prior Payroll Check
Register 10/9/2019 7.83 8/26/2019 Payroll Recipient Prior Payroll
Check Register 10/9/2019 354.78 8/26/2019 Payroll Recipient Prior
Payroll Check Register 10/9/2019 542.21 8/26/2019 Payroll Recipient
Prior Payroll Check Register 10/9/2019 441.76 8/26/2019 Payroll
Recipient Prior Payroll Check Register 10/9/2019 354.82 8/26/2019
Payroll Recipient Prior Payroll Check Register 10/9/2019 500.22
8/26/2019 Payroll Recipient Prior Payroll Check Register 10/9/2019
107.01 8/26/2019 Payroll Recipient Prior Payroll Check Register
10/10/2019 62.75 8/26/2019 Payroll Recipient Prior Payroll Check
Register 10/10/2019 775.56 8/26/2019 Payroll Recipient Prior
Payroll Check Register 10/10/2019 34.88 8/26/2019
Case 19-62584-pcm11 Doc 433 Filed 11/20/19
Norpac Foods, Inc. (Consolidated) UST-14A UST-14B: Additional
Disbursement Information Case Number: Lead: 19-62584-pcm11 10/1/19-
10/31/2019 Report Mo/Yr: October, 2019
Payments on Pre-Petition Unsecured Debt (requires court approval)
Nature of Payment Date of Court
Payee's Name Payment Date Amount Approval Payroll Recipient Prior
Payroll Check Register 10/10/2019 308.53 8/26/2019 Payroll
Recipient Prior Payroll Check Register 10/10/2019 473.56 8/26/2019
VLM Foods USA Ltd Pre-Petition PACA 10/11/2019 809,681.31 8/27/2019
Payroll Recipient Prior Payroll Check Register 10/11/2019 283.30
8/26/2019 Payroll Recipient Prior Payroll Check Register 10/11/2019
87.71 8/26/2019 Payroll Recipient Prior Payroll Check Register
10/11/2019 486.25 8/26/2019 Payroll Recipient Prior Payroll Check
Register 10/11/2019 303.54 8/26/2019 Payroll Recipient Prior
Payroll Check Register 10/11/2019 147.01 8/26/2019 Payroll
Recipient Prior Payroll Check Register 10/11/2019 169.19 8/26/2019
Payroll Recipient Prior Payroll Check Register 10/11/2019 1,564.48
8/26/2019 Payroll Recipient Prior Payroll Check Register 10/15/2019
241.02 8/26/2019 Payroll Recipient Prior Payroll Check Register
10/15/2019 726.70 8/26/2019 Payroll Recipient Prior Payroll Check
Register 10/15/2019 727.32 8/26/2019 Payroll Recipient Prior
Payroll Check Register 10/15/2019 691.72 8/26/2019 Payroll
Recipient Prior Payroll Check Register 10/15/2019 56.53 8/26/2019
Payroll Recipient Prior Payroll Check Register 10/15/2019 311.06
8/26/2019 VLM FOODS USA LTD Pre-Petition PACA 10/16/2019 22,301.84
8/27/2019 Payroll Recipient Prior Payroll Check Register 10/16/2019
571.44 8/26/2019 Payroll Recipient Prior Payroll Check Register
10/16/2019 49.22 8/26/2019 Payroll Recipient Prior Payroll Check
Register 10/17/2019 177.59 8/26/2019 Payroll Recipient Prior
Payroll Check Register 10/17/2019 268.97 8/26/2019 Payroll
Recipient Prior Payroll Check Register 10/17/2019 44.31 8/26/2019
Payroll Recipient Prior Payroll Check Register 10/17/2019 110.26
8/26/2019 Payroll Recipient Prior Payroll Check Register 10/17/2019
1,748.23 8/26/2019 Payroll Recipient Prior Payroll Check Register
10/17/2019 1,267.25 8/26/2019 Payroll Recipient Prior Payroll Check
Register 10/18/2019 83.83 8/26/2019 Payroll Recipient Prior Payroll
Check Register 10/18/2019 83.20 8/26/2019 Payroll Recipient Prior
Payroll Check Register 10/18/2019 241.86 8/26/2019 Payroll
Recipient Prior Payroll Check Register 10/18/2019 28.43 8/26/2019
Payroll Recipient Prior Payroll Check Register 10/18/2019 122.64
8/26/2019 Payroll Recipient Prior Payroll Check Register 10/18/2019
140.70 8/26/2019 Payroll Recipient Prior Payroll Check Register
10/18/2019 594.16 8/26/2019 Payroll Recipient Prior Payroll Check
Register 10/21/2019 294.60 8/26/2019 Payroll Recipient Prior
Payroll Check Register 10/21/2019 6.76 8/26/2019 Payroll Recipient
Prior Payroll Check Register 10/21/2019 37.58 8/26/2019 Payroll
Recipient Prior Payroll Check Register 10/21/2019 93.94 8/26/2019
Payroll Recipient Prior Payroll Check Register 10/21/2019 18.31
8/26/2019 Payroll Recipient Prior Payroll Check Register 10/22/2019
341.80 8/26/2019 Payroll Recipient Prior Payroll Check Register
10/24/2019 282.16 8/26/2019 Payroll Recipient Prior Payroll Check
Register 10/24/2019 78.51 8/26/2019 Payroll Recipient Prior Payroll
Check Register 10/24/2019 78.51 8/26/2019 Payroll Recipient Prior
Payroll Check Register 10/24/2019 81.17 8/26/2019 Payroll Recipient
Prior Payroll Check Register 10/24/2019 157.57 8/26/2019 Marbran
USA LTD Pre-Petition PACA 10/25/2019 964,211.35 8/27/2019 Columbia
Fruit LLC Pre-Petition PACA 10/25/2019 405,437.16 8/27/2019 Oregon
Potato Company Pre-Petition PACA 10/25/2019 356,826.33 8/27/2019
Eckert Cold Storage Co Pre-Petition PACA 10/25/2019 297,025.60
8/27/2019 Bonduelle USA Inc Pre-Petition PACA 10/25/2019 276,333.96
8/27/2019 Sure-Fresh Produce, Inc Pre-Petition PACA 10/25/2019
154,624.00 8/27/2019 Jewel Apple, LLC Pre-Petition PACA 10/25/2019
116,200.00 8/27/2019 The Pictsweet Company Pre-Petition PACA
10/25/2019 107,599.91 8/27/2019 National Frozen Foods Pre-Petition
PACA 10/25/2019 90,720.00 8/27/2019 RainSweet Pre-Petition PACA
10/25/2019 81,952.70 8/27/2019 Imperial Valley Foods, Inc.
Pre-Petition PACA 10/25/2019 59,707.00 8/27/2019 Dickinson Frozen
Foods Pre-Petition PACA 10/25/2019 45,615.50 8/27/2019
Case 19-62584-pcm11 Doc 433 Filed 11/20/19
Norpac Foods, Inc. (Consolidated) UST-14A UST-14B: Additional
Disbursement Information Case Number: Lead: 19-62584-pcm11 10/1/19-
10/31/2019 Report Mo/Yr: October, 2019
Payments on Pre-Petition Unsecured Debt (requires court approval)
Nature of Payment Date of Court
Payee's Name Payment Date Amount Approval CH Foods, Inc.
Pre-Petition PACA 10/25/2019 18,289.00 8/27/2019 Greenstone Farm
Credit Services Pre-Petition PACA 10/25/2019 17,778.50 8/27/2019
Cebro Frozen Foods, Inc. Pre-Petition PACA 10/25/2019 14,105.00
8/27/2019 Payroll Recipient Prior Payroll Check Register 10/25/2019
16.09 8/26/2019 Payroll Recipient Prior Payroll Check Register
10/25/2019 176.40 8/26/2019 Payroll Recipient Prior Payroll Check
Register 10/25/2019 85.44 8/26/2019 Payroll Recipient Prior Payroll
Check Register 10/29/2019 388.39 8/26/2019 Payroll Recipient Prior
Payroll Check Register 10/29/2019 323.35 8/26/2019 Payroll
Recipient Prior Payroll Check Register 10/29/2019 40.26
8/26/2019
Case 19-62584-pcm11 Doc 433 Filed 11/20/19
Norpac Foods, Inc. (Consolidated) UST-14A UST-14B: Additional
Disbursement Information Case Number: Lead: 19-62584-pcm11 10/1/19-
10/31/2019 Report Mo/Yr: October, 2019
Payments on Pre-Petition Unsecured Debt (requires court approval)
Type of Payment Date of Court
Professional's Name Work Performed Date Amount Approval INDEPENDENT
ACTUARIES INC Benefit Plan Actuaries 10/25/2019 2,150.00 GRESS,
CLARK, YOUNG, AND SCHOEPPER Legal- Workers Compensation Claims
10/4/2019 418.50 SATHER BYERLY & HOLLOWAY LLP Legal- Workers
Compensation Claims 10/4/2019 1,309.50 SATHER BYERLY & HOLLOWAY
LLP Legal- Workers Compensation Claims 10/8/2019 117.00 GRESS,
CLARK, YOUNG, AND SCHOEPPER Legal- Workers Compensation Claims
10/9/2019 471.20
Case 19-62584-pcm11 Doc 433 Filed 11/20/19
Norpac Foods, Inc. (Consolidated) UST-14A UST-14B: Additional
Disbursement Information Case Number: Lead: 19-62584-pcm11 10/1/19-
10/31/2019 Report Mo/Yr: October, 2019
Payments on Pre-Petition Unsecured Debt (requires court approval)
Payment Purpose of
Payee's Name Relationship to Debtor Date Amount Payment Shawn
Campbell Chief Executive Officer 10/3/2019 4,706.47 Expenses Paul
Scott Chief Operating Officer 10/4/19 8,270 Salary Shawn Campbell
Chief Executive Officer 10/4/19 19,230 Salary Paul Scott Chief
Operating Officer 10/18/2019 8,270 Salary Shawn Campbell Chief
Executive Officer 10/18/2019 19,230 Salary Shawn Campbell Chief
Executive Officer 10/18/2019 125,000.00 LTIP Payment
Case 19-62584-pcm11 Doc 433 Filed 11/20/19
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Page: 1
DDA Cycled Statement Report Custom As of 10/31/2019 Company: NORPAC
FOODS INC User: Tammy Roebke 11/01/2019 10:05 AM ET Commercial
Electronic Office® Treasury Information Reporting
Statement Start Date: 10/01/2019 Statement End Date:
10/31/2019
Currency: USD Bank: 121000248 WELLS FARGO BANK, N.A. Account:
1017(OR) HERMISTON FOODS, LLC Account Overview
Beginning Ledger Balance .00 Deposits .00 Electronic Deposits/Bank
Credits 68.41
Total Credits 68.41 Electronic Debits/Bank Debits .00 Checks Paid
68.41
Total Debits 68.41 Ending Ledger Balance .00
Credits Electronic Deposits/Bank Credits
Effective Date Posted Date Amount Transaction Detail 10/01/2019
68.41 ZBA BALANCE ACCOUNT TRANSFER FROM 9073
68.41 Total Electronic Deposits/Bank Credits
68.41 Total Credits
Debits Checks Paid Check Check Check Number Date Amount Number Date
Amount Number Date Amount 200000224 10/01/2019 68.41
68.41 Total Checks Paid
Daily Ledger Balance Summary Date Balance Date Balance Date
Balance
10/01/2019 .00 10/11/2019 .00 10/24/2019 .00 10/02/2019 .00
10/15/2019 .00 10/25/2019 .00 10/03/2019 .00 10/16/2019 .00
10/28/2019 .00 10/04/2019 .00 10/17/2019 .00 10/29/2019 .00
10/07/2019 .00 10/18/2019 .00 10/30/2019 .00 10/08/2019 .00
10/21/2019 .00 10/31/2019 .00 10/09/2019 .00 10/22/2019 .00
10/10/2019 .00 10/23/2019 .00
.00 Average Daily Ledger Balance
---- END OF REPORT ----
Case 19-62584-pcm11 Doc 433 Filed 11/20/19
Statement Period From October 01, 2019 To October 31, 2019 Page 1
of 4
PRIVATE CLIENT GROUP 161 565 FIFTH AVENUE NEW YORK, NY 10017
HERMISTON FOODS LLC DIP 9-161 CASE # 19-33102 PAYROLL ACCOUNT PO
BOX 14444 SALEM OR 97309 999 See Back for Important
Information
Primary Account: 8787 17
AVOID BUSINESS E-MAIL FINANCIAL FRAUD! PLEASE VISIT THE "PRIVACY
& SECURITY" SECTION LOCATED UNDER THE "ABOUT US" HEADING AT
WWW.SIGNATURENY.COM. SELECT "BUSINESS E-MAIL COMPROMISE" TO READ
THE RECENT NEWS FROM THE FEDERAL BUREAU OF INVESTIGATION REGARDING
FRAUD TARGETING BUSINESSES, INCLUDING GUIDANCE ON WHAT YOU CAN DO
TO REDUCE YOUR RISK OF BECOMING A VICTIM. SIGNATURE BANK BELIEVES
THAT THIS IS IMPORTANT NEWS TO SHARE WITH OUR CLIENTS. WE ARE
MAKING IT AVAILABLE TO YOU FOR YOUR INFORMATION AND ANY ACTION THAT
YOU MAY CONSIDER APPROPRIATE.
Signature Relationship Summary Opening Bal. Closing Bal.
BANK DEPOSIT ACCOUNTS 8787 BANKRUPTCY CHECKING .00 .00
RELATIONSHIP TOTAL .00
Case 19-62584-pcm11 Doc 433 Filed 11/20/19
Statement Period From October 01, 2019 To October 31, 2019 Page 2
of 4
PRIVATE CLIENT GROUP 161 565 FIFTH AVENUE NEW YORK, NY 10017
HERMISTON FOODS LLC DIP 9-161 CASE # 19-33102 PAYROLL ACCOUNT PO
BOX 14444 SALEM OR 97309 999 See Back for Important
Information
Primary Account: 8787 17
Summary
Previous Balance as of October 01, 2019 .00 12 Credits 109,674.40
26 Debits 109,674.40 Ending Balance as of October 31, 2019
.00
Deposits and Other Credits Oct 01 ZBA/TBA TRANSFER IN 7,735.54
ZBA/SWEEP TRANSFER FROM 8906 Oct 02 ZBA/TBA TRANSFER IN 23,575.28
ZBA/SWEEP TRANSFER FROM 8906 Oct 07 ZBA/TBA TRANSFER IN 1,869.97
ZBA/SWEEP TRANSFER FROM 8906 Oct 08 ZBA/TBA TRANSFER IN 351.96
ZBA/SWEEP TRANSFER FROM 8906 Oct 09 ZBA/TBA TRANSFER IN 861.53
ZBA/SWEEP TRANSFER FROM 8906 Oct 15 ZBA/TBA TRANSFER IN 41,974.96
ZBA/SWEEP TRANSFER FROM 8906 Oct 16 ZBA/TBA TRANSFER IN 9,464.63
ZBA/SWEEP TRANSFER FROM 8906 Oct 21 ZBA/TBA TRANSFER IN 4,029.54
ZBA/SWEEP TRANSFER FROM 8906 Oct 22 ZBA/TBA TRANSFER IN 1,777.54
ZBA/SWEEP TRANSFER FROM 8906 Oct 29 ZBA/TBA TRANSFER IN 7,647.79
ZBA/SWEEP TRANSFER FROM 8906 Oct 30 ZBA/TBA TRANSFER IN 9,875.34
ZBA/SWEEP TRANSFER FROM 8906 Oct 31 ZBA/TBA TRANSFER IN 510.32
ZBA/SWEEP TRANSFER FROM 8906
Case 19-62584-pcm11 Doc 433 Filed 11/20/19
Statement Period From October 01, 2019 To October 31, 2019 Page 3
of 4
PRIVATE CLIENT GROUP 161 565 FIFTH AVENUE NEW YORK, NY 10017
HERMISTON FOODS LLC DIP 9-161 CASE # 19-33102 PAYROLL ACCOUNT PO
BOX 14444 SALEM OR 97309 999 See Back for Important
Information
Primary Account: 8787 17
Withdrawals and Other Debits Oct 01 OUTGOING WIRE XFER 7,687.21
REF# 20191001B6B7261F002647 TO: KRONOS SAASHR, INC. ABA: 042000314
BANK: FIFTH THIRD CINCI ACCT# 7146798843 Oct 02 OUTGOING WIRE XFER
225.69 REF# 20191002B6B7261F001952 TO: KRONOS SAASHR, INC. ABA:
042000314 BANK: FIFTH THIRD CINCI ACCT# 7146798843 Oct 02 OUTGOING
WIRE XFER 23,349.59 REF# 20191002B6B7261F001871 TO: KRONOS SAASHR,
INC. ABA: 042000314 BANK: FIFTH THIRD CINCI ACCT# 7146798843 Oct 15
OUTGOING WIRE XFER 225.69 REF# 20191015B6B7261F003001 TO: KRONOS
SAASHR, INC. ABA: 042000314 BANK: FIFTH THIRD CINCI ACCT#
7146798843 Oct 15 OUTGOING WIRE XFER 41,319.81 REF#
20191015B6B7261F003007 TO: KRONOS SAASHR, INC. ABA: 042000314 BANK:
FIFTH THIRD CINCI ACCT# 7146798843 Oct 16 OUTGOING WIRE XFER
7,609.10 REF# 20191016B6B7261F002196 TO: KRONOS SAASHR, INC. ABA:
042000314 BANK: FIFTH THIRD CINCI ACCT# 7146798843 Oct 29 OUTGOING
WIRE XFER 7,647.79 REF# 20191029B6B7261F002493 TO: KRONOS SAASHR,
INC. ABA: 042000314 BANK: FIFTH THIRD CINCI ACCT# 7146798843 Oct 30
OUTGOING WIRE XFER 225.69 REF# 20191030B6B7261F001946 TO: KRONOS
SAASHR, INC. ABA: 042000314 BANK: FIFTH THIRD CINCI ACCT#
7146798843 Oct 30 OUTGOING WIRE XFER 9,649.65 REF#
20191030B6B7261F001945 TO: KRONOS SAASHR, INC. ABA: 042000314 BANK:
FIFTH THIRD CINCI ACCT# 7146798843
Case 19-62584-pcm11 Doc 433 Filed 11/20/19
Statement Period From October 01, 2019 To October 31, 2019 Page 4
of 4
PRIVATE CLIENT GROUP 161 565 FIFTH AVENUE NEW YORK, NY 10017
HERMISTON FOODS LLC DIP 9-161 CASE # 19-33102 PAYROLL ACCOUNT PO
BOX 14444 SALEM OR 97309 999 See Back for Important
Information
Primary Account: 8787 17
Checks by Serial Number Oct 16 200050005 1,855.53 Oct 15 200050015
429.46 Oct 01 200050006 48.33 Oct 31 200050016 226.52 Oct 07
200050008 * 555.80 Oct 21 200050017 1,228.51 Oct 08 200050009
351.96 Oct 22 200050018 1,302.19 Oct 07 200050010 488.21 Oct 22
200050019 475.35 Oct 07 200050011 324.77 Oct 21 200050020 1,214.15
Oct 07 200050012 501.19 Oct 31 200050021 283.80 Oct 09 200050013
127.49 Oct 21 200050022 1,586.88 Oct 09 200050014 734.04
* Indicates break in check sequence
Daily Balances Sep 30 .00
Case 19-62584-pcm11 Doc 433 Filed 11/20/19
Statement Period From October 01, 2019 To October 31, 2019 Page 1
of 3
PRIVATE CLIENT GROUP 161 565 FIFTH AVENUE NEW YORK, NY 10017
HERMISTON FOODS LLC DIP 9-161 CASE # 19-33102 OPERATING ACCOUNT PO
BOX 14444 SALEM OR 97309 999 See Back for Important
Information
Primary Account: 8779 21
AVOID BUSINESS E-MAIL FINANCIAL FRAUD! PLEASE VISIT THE "PRIVACY
& SECURITY" SECTION LOCATED UNDER THE "ABOUT US" HEADING AT
WWW.SIGNATURENY.COM. SELECT "BUSINESS E-MAIL COMPROMISE" TO READ
THE RECENT NEWS FROM THE FEDERAL BUREAU OF INVESTIGATION REGARDING
FRAUD TARGETING BUSINESSES, INCLUDING GUIDANCE ON WHAT YOU CAN DO
TO REDUCE YOUR RISK OF BECOMING A VICTIM. SIGNATURE BANK BELIEVES
THAT THIS IS IMPORTANT NEWS TO SHARE WITH OUR CLIENTS. WE ARE
MAKING IT AVAILABLE TO YOU FOR YOUR INFORMATION AND ANY ACTION THAT
YOU MAY CONSIDER APPROPRIATE.
Signature Relationship Summary Opening Bal. Closing Bal.
BANK DEPOSIT ACCOUNTS 8779 BANKRUPTCY CHECKING .00 .00
RELATIONSHIP TOTAL .00
Case 19-62584-pcm11 Doc 433 Filed 11/20/19
Statement Period From October 01, 2019 To October 31, 2019 Page 2
of 3
PRIVATE CLIENT GROUP 161 565 FIFTH AVENUE NEW YORK, NY 10017
HERMISTON FOODS LLC DIP 9-161 CASE # 19-33102 OPERATING ACCOUNT PO
BOX 14444 SALEM OR 97309 999 See Back for Important
Information
Primary Account: 8779 21
Summary
Previous Balance as of October 01, 2019 .00 14 Credits 11,895.06 21
Debits 11,895.06 Ending Balance as of October 31, 2019 .00
Deposits and Other Credits Oct 02 ZBA/TBA TRANSFER IN 90.01
ZBA/SWEEP TRANSFER FROM 8906 Oct 07 ZBA/TBA TRANSFER IN 7,248.90
ZBA/SWEEP TRANSFER FROM 8906 Oct 08 ZBA/TBA TRANSFER IN 544.32
ZBA/SWEEP TRANSFER FROM 8906 Oct 09 ZBA/TBA TRANSFER IN 341.80
ZBA/SWEEP TRANSFER FROM 8906 Oct 10 ZBA/TBA TRANSFER IN 51.90
ZBA/SWEEP TRANSFER FROM 8906 Oct 11 ZBA/TBA TRANSFER IN 1,047.57
ZBA/SWEEP TRANSFER FROM 8906 Oct 16 ZBA/TBA TRANSFER IN 175.70
ZBA/SWEEP TRANSFER FROM 8906 Oct 18 ZBA/TBA TRANSFER IN 304.17
ZBA/SWEEP TRANSFER FROM 8906 Oct 22 ZBA/TBA TRANSFER IN 277.20
ZBA/SWEEP TRANSFER FROM 8906 Oct 23 ZBA/TBA TRANSFER IN 277.88
ZBA/SWEEP TRANSFER FROM 8906 Oct 24 ZBA/TBA TRANSFER IN 303.34
ZBA/SWEEP TRANSFER FROM 8906 Oct 25 ZBA/TBA TRANSFER IN 51.96
ZBA/SWEEP TRANSFER FROM 8906 Oct 28 ZBA/TBA TRANSFER IN
115.30
Case 19-62584-pcm11 Doc 433 Filed 11/20/19
Statement Period From October 01, 2019 To October 31, 2019 Page 3
of 3
PRIVATE CLIENT GROUP 161 565 FIFTH AVENUE NEW YORK, NY 10017
HERMISTON FOODS LLC DIP 9-161 CASE # 19-33102 OPERATING ACCOUNT PO
BOX 14444 SALEM OR 97309 999 See Back for Important
Information
Primary Account: 8779 21
Date Description ZBA/SWEEP TRANSFER FROM 8906 Oct 30 ZBA/TBA
TRANSFER IN 1,065.01 ZBA/SWEEP TRANSFER FROM 8906
Checks by Serial Number Oct 02 1007 90.01 Oct 16 1019 175.70 Oct 07
1008 57.02 Oct 28 1020 115.30 Oct 07 1009 119.41 Oct 24 1021 217.65
Oct 07 1010 7,072.47 Oct 22 1022 140.00 Oct 09 1011 341.80 Oct 22
1028 * 102.20 Oct 08 1012 544.32 Oct 24 1029 85.69 Oct 11 1013
493.07 Oct 22 1030 35.00 Oct 18 1014 304.17 Oct 25 1031 51.96 Oct
11 1016 * 554.50 Oct 30 1032 90.01 Oct 10 1017 51.90 Oct 30 1034 *
975.00 Oct 23 1018 277.88
* Indicates break in check sequence
Daily Balances Sep 30 .00
Case 19-62584-pcm11 Doc 433 Filed 11/20/19
Page: 1
DDA Cycled Statement Report Custom As of 10/31/2019 Company: NORPAC
FOODS INC User: Tammy Roebke 11/01/2019 10:08 AM ET Commercial
Electronic Office® Treasury Information Reporting
Statement Start Date: 10/01/2019 Statement End Date:
10/31/2019
Currency: USD Bank: 121000248 WELLS FARGO BANK, N.A. Account:
6125(OR) NORPAC FOODS INC Account Overview
Beginning Ledger Balance .00 Deposits 5,449.13 Electronic
Deposits/Bank Credits 28,115.06
Total Credits 33,564.19 Electronic Debits/Bank Debits 4,529.64
Checks Paid 29,034.55
Total Debits 33,564.19 Ending Ledger Balance .00
Credits Deposits
Effective Date Posted Date Amount Transaction Detail 10/02/2019
10/03/2019 31.58 REVERSAL OF CHECK POSTED 10-02-19 PAYMENT NOT
AUTHORIZED
(REF OUR REF: 10-02 -19 00000000
10/11/2019 10/15/2019 200.00 REVERSAL OF CHECK POSTED 10-11-19
REFER TO MAKER OUR REF: 10-11 -19 00000000
10/11/2019 10/15/2019 9.99 REVERSAL OF CHECK POSTED 10-11-19 REFER
TO MAKER OUR REF: 10-11 -19 00000000
10/23/2019 10/24/2019 5,197.57 REVERSAL OF CHECK POSTED 10-23-19
REFER TO MAKER OUR REF: 10-23 -19 00000000
10/23/2019 10/24/2019 9.99 REVERSAL OF CHECK POSTED 10-23-19 REFER
TO MAKER OUR REF: 10-23 -19 00000000
5,449.13 Total Deposits
Electronic Deposits/Bank Credits Effective Date Posted Date Amount
Transaction Detail
10/01/2019 1,787.74 ZBA BALANCE ACCOUNT TRANSFER FROM 9073
10/02/2019 31.58 ZBA BALANCE ACCOUNT TRANSFER FROM 9073 10/03/2019
990.79 ZBA BALANCE ACCOUNT TRANSFER FROM 9073 10/04/2019 2,436.93
ZBA BALANCE ACCOUNT TRANSFER FROM 9073 10/07/2019 2,908.99 ZBA
BALANCE ACCOUNT TRANSFER FROM 9073 10/08/2019 406.00 ZBA BALANCE
ACCOUNT TRANSFER FROM 9073 10/09/2019 5,607.84 ZBA BALANCE ACCOUNT
TRANSFER FROM 9073 10/10/2019 1,655.28 ZBA BALANCE ACCOUNT TRANSFER
FROM 9073 10/11/2019 1,686.99 ZBA BALANCE ACCOUNT TRANSFER FROM
9073 10/15/2019 2,544.36 ZBA BALANCE ACCOUNT TRANSFER FROM 9073
10/16/2019 571.44 ZBA BALANCE ACCOUNT TRANSFER FROM 9073 10/17/2019
446.56 ZBA BALANCE ACCOUNT TRANSFER FROM 9073 10/18/2019 437.32 ZBA
BALANCE ACCOUNT TRANSFER FROM 9073 10/21/2019 451.19 ZBA BALANCE
ACCOUNT TRANSFER FROM 9073 10/23/2019 5,207.56 ZBA BALANCE ACCOUNT
TRANSFER FROM 9073 10/25/2019 192.49 ZBA BALANCE ACCOUNT TRANSFER
FROM 9073 10/29/2019 752.00 ZBA BALANCE ACCOUNT TRANSFER FROM
9073
28,115.06 Total Electronic Deposits/Bank Credits
33,564.19 Total Credits
Effective Date Posted Date Amount Transaction Detail 10/24/2019
4,529.64 ZBA BALANCE ACCOUNT TRANSFER TO 9073
4,529.64 Total Electronic Debits/Bank Debits
Case 19-62584-pcm11 Doc 433 Filed 11/20/19
Page: 2
DDA Cycled Statement Report Custom As of 10/31/2019 Company: NORPAC
FOODS INC User: Tammy Roebke 11/01/2019 10:08 AM ET Commercial
Electronic Office® Treasury Information Reporting
Checks Paid Check Check Check Number Date Amount Number Date Amount
Number Date Amount 2149 10/23/2019 5,197.57 20025887* 10/04/2019
411.78 20029174* 10/01/2019 340.03 10353675* 10/11/2019 200.00
20026607* 10/10/2019 308.53 20029829* 10/09/2019 7.83 10353865*
10/11/2019 9.99 20026713* 10/10/2019 473.56 20029831* 10/11/2019
303.54 10353865* 10/23/2019 9.99 20026756* 10/21/2019 18.31
20029836* 10/09/2019 354.78 10354172* 10/02/2019 31.58 20026882*
10/16/2019 571.44 20029882* 10/15/2019 691.72 20018141* 10/04/2019
341.55 20026975* 10/04/2019 505.71 20030007* 10/09/2019 542.21
20019887* 10/08/2019 46.30 20027583* 10/24/2019 78.51 20030012*
10/29/2019 388.39 20020496* 10/21/2019 294.60 20027595* 10/15/2019
726.70 20030015* 10/09/2019 441.76 20020994* 10/03/2019 305.94
20027729* 10/09/2019 498.17 20030024* 10/09/2019 354.82 20021515*
10/21/2019 6.76 20027859* 10/11/2019 283.30 20030046* 10/09/2019
500.22 20021691* 10/17/2019 177.59 20027864* 10/09/2019 28.44
20030062* 10/01/2019 169.96 20021933* 10/09/2019 599.55 20028011*
10/01/2019 318.64 20030068* 10/09/2019 107.01 20022043* 10/24/2019
282.16 20028202* 10/18/2019 83.20 20030091* 10/24/2019 81.17
20022046* 10/03/2019 311.17 20028237* 10/18/2019 241.86 20030092
10/11/2019 147.01 20022691* 10/09/2019 580.39 20028379* 10/18/2019
28.43 20030135* 10/24/2019 157.57 20022717* 10/04/2019 209.95
20028593* 10/01/2019 36.61 20030272* 10/01/2019 146.03 20023274*
10/10/2019 62.75 20028612* 10/01/2019 470.19 20030632* 10/15/2019
56.53 20023636* 10/10/2019 775.56 20028641* 10/07/2019 478.18
20030659* 10/25/2019 16.09 20023680* 10/04/2019 514.69 20028664*
10/09/2019 28.18 20030699* 10/29/2019 323.35 20023769* 10/15/2019
241.02 20028738* 10/24/2019 78.51 20030714* 10/15/2019 311.06
20023926* 10/18/2019 83.83 20028751* 10/15/2019 727.32 20030749*
10/08/2019 359.70 20024034* 10/03/2019 405.26 20028892* 10/09/2019
542.20 20030830* 10/01/2019 306.28 20024242* 10/17/2019 268.97
20028900* 10/09/2019 533.52 20030867* 10/07/2019 388.43 20024412*
10/21/2019 37.58 20028938* 10/09/2019 333.09 20030919* 10/29/2019
40.26 20024547* 10/10/2019 34.88 20028976* 10/07/2019 712.87
20030924* 10/25/2019 176.40 20024771* 10/04/2019 453.25 20028983*
10/11/2019 87.71 20030926* 10/11/2019 169.19 20025093* 10/07/2019
1,329.51 20029021* 10/11/2019 486.25 20025634* 10/21/2019 93.94
20029123* 10/09/2019 155.67
* Gap in check sequence 29,034.55 Total Checks Paid
33,564.19 Total Debits
Daily Ledger Balance Summary Date Balance Date Balance Date
Balance
10/01/2019 .00 10/11/2019 .00 10/24/2019 .00 10/02/2019 .00
10/15/2019 .00 10/25/2019 .00 10/03/2019 .00 10/16/2019 .00
10/28/2019 .00 10/04/2019 .00 10/17/2019 .00 10/29/2019 .00
10/07/2019 .00 10/18/2019 .00 10/30/2019 .00 10/08/2019 .00
10/21/2019 .00 10/31/2019 .00 10/09/2019 .00 10/22/2019 .00
10/10/2019 .00 10/23/2019 .00
.00 Average Daily Ledger Balance
---- END OF REPORT ----
Page: 1
DDA Cycled Statement Report Custom As of 10/31/2019 Company: NORPAC
FOODS INC User: Tammy Roebke 11/01/2019 10:13 AM ET Commercial
Electronic Office® Treasury Information Reporting
Statement Start Date: 10/01/2019 Statement End Date:
10/31/2019
Currency: USD Bank: 121000248 WELLS FARGO BANK, N.A. Account:
9073(CA) NORPAC FOODS INC Account Overview
Beginning Ledger Balance 3,757,931.55 Deposits 6,785,604.68
Electronic Deposits/Bank Credits 20,556,592.88
Total Credits 27,342,197.56 Electronic Debits/Bank Debits
30,619,193.89 Checks Paid .00
Total Debits 30,619,193.89 Ending Ledger Balance 480,935.22
Credits Deposits
Case 19-62584-pcm11 Doc 433 Filed 11/20/19
Page: 2
DDA Cycled Statement Report Custom As of 10/31/2019 Company: NORPAC
FOODS INC User: Tammy Roebke 11/01/2019 10:13 AM ET Commercial
Electronic Office® Treasury Information Reporting
6,785,604.68 Total Deposits
Electronic Deposits/Bank Credits Effective Date Posted Date Amount
Transaction Detail
10/01/2019 295,122.26 WAL-MART STORES TRADE PYMT 398370
TRN*1*4399820\ 10/01/2019 135,512.31 Costco Wholesale EDI PYMNTS
0001942453
000000407\GE*1*1\IEA*1*009716157\ 10/01/2019 113,795.01 Gordon Food
Serv ACCTS PAY 580420 \ 10/01/2019 69,282.04 MARTIN BROTHERS ACH
ALL 512 NORPAC FOOD INC 10/01/2019 64,717.10 GOLDEN BAY USF
PAYMENTS 191001 195-01 NORPAC 10/01/2019 58,085.75 GOLDEN BAY USF
PAYMENTS 191001 195 NORPAC 10/01/2019 42,006.71 WinCo EDI PYMNTS
000003895000062
061\GE*1*1\IEA*1*012560408\ 10/01/2019 40,664.66 FOOD SERVICES OF
ACCTS PAY 190930 418889 NORPAC FOODS INC 10/01/2019 35,837.86 SYSCO
PAYMENTS 190930 017CA000020690 NORPAC FOODS INC 10/01/2019
28,113.55 NESTLE 2814 EDI PAYMNT SEP 30 2000324081US169
0001*073944251\ 10/01/2019 24,810.48 KROGER VENDOR PAY
E687322
*29*3388514\GE*1*3396\IEA*1*100000018\ 10/01/2019 19,520.42 THE
SYGMA NETWOR INVOICEPMT 100119 0000NORPAC SERVICES, 10/01/2019
17,466.36 ALPINE FOOD DIST NORPAC SOU 9073 NORPAC FOODS INC
10/01/2019 17,200.00 CAMPBELL SOUP SU FUNB EDI 2000649933 NORPAC
FOODS INC 10/01/2019 15,504.40 SYSCO PAYMENTS 190930 015CA000157117
NORPAC SALES & SERVICE 10/01/2019 15,015.50 CTI ARLINGT0555
VOUCHERPMT 7 NORPAC SERVICES INC. 10/01/2019 11,299.17 * GREAT
LAKES FO A/P Paymen Oct 01 NORP Norpac Foods Inc 10/01/2019
10,099.86 SYSCO PAYMENTS 190930 045CA000312924 NORPAC FOOD INC
10/01/2019 10,074.67 SYSCO PAYMENTS 190930 005CA000035088 NORPAC
FOODS INC 10/01/2019 9,160.41 SYSCO PAYMENTS 190930
022CA000199091
0190918\SE*10*000009820\GE*1*20401\IEA*1*00002040 10/01/2019
8,901.88 SYSCO PAYMENTS 190930 058CA000165924 NORPAC SALES &
SERVICE 10/01/2019 6,958.62 SYSCO PAYMENTS 190930
043CA000160521
10209\GE*1*20401\IEA*1*000020401\ 10/01/2019 6,602.81 SYSCO
PAYMENTS 190930 064CA000088455 NORPAC SALES & SERVICE
10/01/2019 6,482.17 Maplevale Farms A/P 191001 620 0000Norpac
10/01/2019 6,414.76 SYSCO PAYMENTS 190930 195CA000093422 NORPAC
FOODS INC 10/01/2019 2,803.16 SYSCO PAYMENTS 190930 019CA000094052
NORPAC SALES & SERVICE 10/01/2019 819.26 GOLDEN BAY USF
PAYMENTS 191001 195-F NORPAC 10/01/2019 523.69 ALPINE FOOD DIST
NORPAC RET 9073 NORPAC FOODS INC 10/01/2019 199.27 DOT FOODS CANADA
Food Purch 191001 NORPAC FOODS, I NORPAC
FOODS, INC 10/02/2019 195,506.47 WAL-MART STORES TRADE PYMT 398370
TRN*1*4407632\ 10/02/2019 52,133.44 Costco Wholesale EDI PYMNTS
0001964240
8*000000340\GE*1*1\IEA*1*080547974\ 10/02/2019 27,923.20 NESTLE
2814 EDI PAYMNT OCT 01 2000324507US169
A*00001*073980247\ 10/02/2019 27,749.04 WinCo EDI PYMNTS
000003896000062
03*20190917\ADX*569.15*L7*TN*19050648\SE*14*00000 10/02/2019
24,054.66 J R SIMPLOT COMP AP ACH PMT 191001 00871117
O*01985125\DTM*003*20190814\SE*10*0001\GE*1*0001\ 10/02/2019
18,197.44 US FOODS DIRECT PAY 191002 0640468 0000NORPAC FOODS INC
10/02/2019 16,561.79 DARDEN DIRECT LO WF-ACH-PAY 191001
00933240
\REF*PO*03477797\DTM*003*190920\SE*8*0001\GE*1*00 10/02/2019
10,816.50 SENECA FOODS COR INVOICE 191001 1011685
V*11-19045772**10816.50*10816.50*0.00\SE*8*0158\G 10/02/2019
4,608.25 FOOD SERVICES OF ACCTS PAY 191001 418889 NORPAC FOODS INC
10/02/2019 885.58 AMERICOLD LOGIST PAYMENTS 191001
10002001133243
*0\REF*VV*1901006535\DTM*003*20190613\SE*21*00000 10/02/2019 100.00
ZBA FUNDING ACCOUNT TRANSFER FROM 1025 10/03/2019 117,039.37 NESTLE
2814 EDI PAYMNT OCT 02 2000326861US169 6\ 10/03/2019 116,636.72
WAL-MART STORES TRADE PYMT 398370 TRN*1*4412194\ 10/03/2019
76,145.00 KROGER VENDOR PAY E689640 398\IEA*1*100000022\ 10/03/2019
72,145.12 Publix Super Mar PAYMENTS 191003 2006184239
TRN*1*2006184239*3006922009\ 10/03/2019 66,217.19 MARTIN BROTHERS
ACH ALL 512 NORPAC FOOD INC 10/03/2019 30,841.48 NICHOLAS AND CO
PAYABLES 100219 0048115 0000NORPAC FOODS.
IN 10/03/2019 18,215.30 J R SIMPLOT COMP AP ACH PMT 191002
00871555
PO*01980828\DTM*003*20190903\SE*10*0001\GE*1*0001 10/03/2019
13,150.06 J R SIMPLOT COMP AP ACH PMT 191002 00871554
O*01987219\DTM*003*20190814\SE*10*0001\GE*1*0001\ 10/03/2019
11,654.16 G&C FOOD DISTRIB G&C Food GC-NORPACFOODS
GC-NORPACFOODS 10/03/2019 8,869.74 CTI ARLINGT0555 VOUCHERPMT 7
NORPAC SERVICES INC. 10/03/2019 1,144.00 WA ST DOC VENDOR PAY
190930 156113! NORPAC FOODS INC 10/04/2019 178,928.35 GOLDEN BAY
USF PAYMENTS 191004 195 NORPAC
Case 19-62584-pcm11 Doc 433 Filed 11/20/19
Page: 3
DDA Cycled Statement Report Custom As of 10/31/2019 Company: NORPAC
FOODS INC User: Tammy Roebke 11/01/2019 10:13 AM ET Commercial
Electronic Office® Treasury Information Reporting
10/04/2019 125,561.25 WAL-MART STORES TRADE PYMT 398370
TRN*1*4416874\ 10/04/2019 72,329.54 WinCo EDI PYMNTS
000003898000062 GE*1*1\IEA*1*034806133\ 10/04/2019 49,134.70 GOLDEN
BAY USF PAYMENTS 191004 195-01 NORPAC 10/04/2019 46,562.82 SYSTEMS
SERVICES ACCTS PAY 191003 418889 NORPAC FOODS INC 10/04/2019
42,803.60 J R SIMPLOT COMP AP ACH PMT 191003 00872078
PO*01992392\DTM*003*20190904\SE*10*0001\GE*1*0001 10/04/2019
42,110.52 FRESHLYINC0350 MD - 10/4 9073 Norpac Foods, Inc.
10/04/2019 34,541.62 WT FED#00206 MUFG BANK, LTD. /ORG=MEIRAKU
CORPORATION
CO.,LTD. SRF# 19100 4001511000 TRN#191004009214 RFB#
10/04/2019 32,964.80 BASHAS' INC. EDI PYMNTS 167203
\IEA*1*000007170\ 10/04/2019 30,375.15 WT FED#00331 HSBC BANK
(TAIWAN) /ORG=ILHA FORMOSA HOLDINGS
LIMITED SRF# 277332513 TRN#191004009181 RFB# TT TAO834394MNYN
10/04/2019 28,719.61 FOOD SERVICES OF ACCTS PAY 191003 418889
NORPAC FOODS INC 10/04/2019 25,784.03 CTI ARLINGT0555 VOUCHERPMT 6
NORPAC SERVICES INC. 10/04/2019 22,818.45 FRESHLYINC9143 AZ - 10/4
9073 Norpac Foods, Inc. 10/04/2019 19,787.68 NICHOLAS AND CO
PAYABLES 100319 0048115 0000NORPAC FOODS.
IN 10/04/2019 18,451.00 US FOODS DIRECT PAY 191004 0640940
0000NORPAC FOODS INC 10/04/2019 15,746.50 SKJODT-BARRETT PAYABLES
100319 V001496 NORPAC FOODS, INC. 10/04/2019 15,151.91 SYSCO
PAYMENTS 191003 061CA000212226
00006615\GE*1*20410\IEA*1*000020410\ 10/04/2019 7,480.09 Costco
Wholesale EDI PYMNTS 0002007796
WH\SE*28*000000381\GE*1*1\IEA*1*091343057\ 10/04/2019 6,153.88
SYSCO PAYMENTS 191003 102CA000596264 NORPAC FOODS INC 10/04/2019
5,534.31 NICHOLAS AND CO PAYABLES 100319 0048115 0000NORPAC
FOODS.
IN 10/04/2019 4,247.22 SYSCO PAYMENTS 191003 320CA000125068 NORPAC
FOOD INC 10/04/2019 3,805.58 KROGER VENDOR PAY E690