ex10_17.htm


    
      
        

      

    

    Exhibit
10.6

        

    
      
        	
                In
      re

              	
                CHARYS
      HOLDING COMPANY, INC

              	
                Case
      No.

              	 	
                08-10289
      (BLS)

              
	 
      	Debtor  	
                Reporting
      Period:

              	 	
                July
      1 through 31

              


      

      
        


      

      
        BALANCE
SHEET

      

      
        The
Balance Sheet is to be completed on an accrual basis only. Pre-petition
liabilities must be classified separately from post-petition
obligations.

      

      
        


      

      
        	
                
                  ASSETS

                

              	 	
                
                  BOOK
      VALUE AT END OF CURRENT REPORTING MONTH

                

              	 	 	
                
                  BOOK
      VALUE AT END OF PRIOR REPORTING MONTH

                

              	 	 	
                
                  BOOK
      VALUE ON PETITION DATE OR SCHEDULED

                

              	 
	
                
                  CURRENT
      ASSETS

                

              	 	 	 	 	 	 	 	 
      	 
	
                
                  Unrestricted
      cash and Equivalents

                

              	 	 	284,015	 	 	 	6,450	 	 	 
      	 
	
                
                  Accounts
      Receivable (Net)

                

              	 	 	179,883,538	 	 	 	179,154,134	 	 	 
      	 
	
                
                  Notes
      Receivable

                

              	 	 	 	 	 	 	 	 	 	 
      	 
	
                
                  Inventories

                

              	 	 	 	 	 	 	 	 	 	 
      	 
	
                
                  Prepaid
      Expenses

                

              	 	 	68,043	 	 	 	11,326	 	 	 
      	 
	
                
                  Professional
      Retainers

                

              	 	 	584,567	 	 	 	589,301	 	 	 
      	 
	
                
                  Other
      Current Assets (attach
      schedule)

                

              	 	 	75,563	 	 	 	75,957	 	 	 
      	 
	
                
                  TOTAL
      CURRENT ASSETS

                

              	 	 	186,287,319	 	 	 	185,228,741	 	 	 
      	 
	
                
                  PROPERTY
      & EQUIPMENT

                

              	 	 	 	 	 	 	 	 	 	 
      	 
	
                
                  Real
      Property and Improvements

                

              	 	 	 	 	 	 	 	 	 	 
      	 
	
                
                  Machinery
      and Equipment

                

              	 	 	 	 	 	 	 	 	 	 
      	 
	
                
                  Furniture,
      Fixtures and Office Equipment

                

              	 	 	120,092	 	 	 	116,718	 	 	 
      	 
	
                
                  Leasehold
      Improvements

                

              	 	 	 	 	 	 	 	 	 	 
      	 
	
                
                  Vehicles

                

              	 	 	 	 	 	 	 	 	 	 
      	 
	
                
                  Less:   Accumulated
      Depreciation

                

              	 	 	(51,336	)	 	 	(48,513	)	 	 
      	 
	
                
                  TOTAL
      PROPERTY & EQUIPMENT

                

              	 	 	68,756	 	 	 	68,205	 	 	 
      	 
	
                
                  OTHER
      ASSETS

                

              	 	 	 	 	 	 	 	 	 	 
      	 
	
                
                  Amounts
      due from insiders*

                

              	 	 	86,638	 	 	 	86,638	 	 	 
      	 
	
                
                  Other
      Assets (attach
      schedule)

                

              	 	 	51,730,447	 	 	 	48,400,982	 	 	 
      	 
	
                
                  TOTAL
      OTHER ASSETS

                

              	 	 	51,817,085	 	 	 	48,487,620	 	 	 
      	 
	
                
                  TOTAL
      ASSETS

                

              	 	 	238,173,160	 	 	 	233,784,566	 	 	 
      	 


      

      
        

          
            
              	
                      
                        LIABILITIES
      AND OWNER EQUITY

                      

                    	 	
                      
                        HOOK VALUE AT END OF CURRENT REPORTING
      MONTH

                      

                    	 	 	
                      
                        HOOK VALUE AT END OF PRIOR REPORTING
      MONTH

                      

                    	 	 	
                      
                        BOOK VALUE ON PETITION
      DATE

                      

                    	 
	LIABILITIES
      NOT SUBJECT TO COMPROMISE (Postpetition)	 	 	 	 	 	 	 	 	 
	
                      
                        Accounts
      Payable

                      

                    	 	 	159,094	 	 	 	142,880	 	 	 
      	 
	
                      
                        Taxes
      Payable (refer to FORM
      MOR-4)

                      

                    	 	 	 	 	 	 	 	 	 	 
      	 
	
                      
                        Wages
      Payable

                      

                    	 	 	 	 	 	 	 	 	 	 
      	 
	
                      
                        Notes
      Payable

                      

                    	 	 	 	 	 	 	 	 	 	 
      	 
	
                      
                        Rent/Leases
      - Building/Equipment

                      

                    	 	 	 	 	 	 	 	 	 	 
      	 
	
                      
                        Secured
      Debt / Adequate Protection Payments

                      

                    	 	 	380,898	 	 	 	311,030	 	 	 
      	 
	
                      
                        Professional
      Fees

                      

                    	 	 	4,656,995	 	 	 	3,805,509	 	 	 
      	 
	
                      
                        Amounts
      Due to Insiders*

                      

                    	 	 	17,777	 	 	 	7,024	 	 	 
      	 
	
                      
                        Other
      Post-petition Liabilities (attach
      schedule)

                      

                    	 	 	.	 	 	 	13,819	 	 	 
      	 
	
                      
                        TOTAL
      POST-PETITION LIABILITIES

                      

                    	 	 	5,214,764	 	 	 	4,280,262	 	 	 
      	 
	
                      
                        LIABILITIES SUBJECT TO
      COMPROMISE (Pre-Petition)

                      

                    	 
	
                      
                        Secured
      Debt

                      

                    	 	 	4,356,568	 	 	 	4,356,568	 	 	 
      	 
	
                      
                        Priority
      Debt

                      

                    	 	 	288,707,391	 	 	 	288,707,391	 	 	 
      	 
	
                      
                        Unsecured
      Debt

                      

                    	 	 	79,434,733	 	 	 	79,432,861	 	 	 
      	 
	
                      
                        TOTAL
      PRE-PETITION LIABILITIES

                      

                    	 	 	372,498,692	 	 	 	372,496,820	 	 	 
      	 
	
                      
                        TOTAL
      LIABILITIES

                      

                    	 	 	377,713,456	 	 	 	376,777,082	 	 	 
      	 
	
                      
                        OWNER’S
      EQUITY

                      

                    	 
	
                      
                        Capital
      Stock

                      

                    	 	 	58,953	 	 	 	58,953	 	 	 
      	 
	
                      
                        Additional
      Paid-in Capital

                      

                    	 	 	345,724,500	 	 	 	345,724,500	 	 	 
      	 
	
                      
                        Partners'
      Capita! Account

                      

                    	 	 	 	 	 	 	 	 	 	 
      	 
	
                      
                        Owner's
      Equity Account

                      

                    	 	 	 	 	 	 	 	 	 	 
      	 
	
                      
                        Retained
      Earnings - Pre-Petition

                      

                    	 	 	(494,870,829	)	 	 	(494,870,829	)	 	 
      	 
	
                      
                        Retained
      Earnings - Post-petition

                      

                    	 	 	9,547,080	 	 	 	6,094,860	 	 	 
      	 
	
                      
                        Adjustments
      to Owner Equity (attach
      schedule)

                      

                    	 	 	 	 	 	 	 	 	 	 
      	 
	
                      
                        Post-petition
      Contributions (attach
      schedule)

                      

                    	 	 	 	 	 	 	 	 	 	 
      	 
	
                      
                        NET
      OWNERS 'EQUITY

                      

                    	 	 	(139,540,296	)	 	 	(142,992,516	)	 	 
      	 
	
                      
                        TOTAL
      LIABILITIES AND OWNERS' EQUITY

                      

                    	 	 	238,173,160	 	 	 	233,784,566	 	 	 
      	 


            


            
              
                 


              

              
                 


                
                  

                

              

              
                 


              

            

          

           

        

      

      
        	
                In
      re

              	
                CHARYS
      HOLDING COMPANY, INC

              	
                Case
      No.

              	 	
                08-10289
      (BLS)

              
	 
      	 
      	
                Reporting
      Period:

              	 	
                July
      1 through 31

              


      

      
        


      

      
        BALANCE SHEET - continuation
section

      

      
        	
                
                  ASSETS

                

              	 	
                
                  BOOK
      VALUE AT END OF CURRENT REPORTING MONTH

                

              	 	 	
                
                  BOOK
      VALUE AT END OF PRIOR REPORTING MONTH

                

              	 	 	
                
                  BOOK
      VALUE ON PETITION DATE

                

              	 
	
                
                  Other
      Current Assets

                

              	 	 	 	 	 	 	 	 
      	 
	
                
                  Travel
      Advances

                

              	 	 	75,563	 	 	 	57,579	 	 	 
      	 
	
                
                  Deposits

                

              	 	 	18,378	 	 	 	18,378	 	 	 
      	 
	
                
                  Other
      Assets

                

              	 	 	 	 	 	 	 	 	 	 
      	 
	
                
                  Investment
      in subsidiaries

                

              	 	 	51,730,447	 	 	 	48,400,982	 	 	 
      	 
	 
      	 	 	 	 	 	 	 	 	 	 
      	 
	 
      	 	 	 	 	 	 	 	 	 	 
      	 
	
                
                  LIABILITIES
      AND OWNER EQUITY

                

              	 	
                
                  BOOK
      VALUE AT END OF CURRENT REPORTING MONTH

                

              	 	 	
                
                  BOOK
      VALUE AT END OF PRIOR REPORTING MONTH

                

              	 	 	
                
                  BOOK
      VALUE ON PETITION DATE

                

              	 
	
                
                  Other
      Post-petition Liabilities

                

              	 	 	 	 	 	 	 	 	 	 
      	 
	
                
                  Misc
      accrued expenses

                

              	 	 	 	 	 	 	13,819	 	 	 
      	 
	 
      	 	 	 	 	 	 	 	 	 	 
      	 
	 
      	 	 	 	 	 	 	 	 	 	 
      	 
	
                
                  Other
      Post-petition Liabilities

                

              	 	 	 	 	 	 	 	 	 	 
      	 
	 
      	 	 	 	 	 	 	 	 	 	 
      	 
	 
      	 	 	 	 	 	 	 	 	 	 
      	 
	 
      	 	 	 	 	 	 	 	 	 	 
      	 


      

      
        


      

      
        Restricted:
Cash: Cash that is restricted for a specific use and not available to fund
operations. Typically, restricted cash is segregated into a separate account,
such as an escrow account.