<PAGE>
                                                                               .
                                                                               .
                                                                               .

                          COLLINS & AIKMAN CORPORATION
                                INCOME STATEMENT
                       FOR THE MONTH ENDING MARCH 31, 2006

<TABLE>
<CAPTION>
                                                                        COLLINS &   COLLINS & AIKMAN    COLLINS &       JPS
                                                                          AIKMAN     CANADA DOMESTIC     AIKMAN     AUTOMOTIVE,
                                                                       CORPORATION   HOLDING COMPANY  PRODUCTS CO.      INC.
                                                             TOTAL       05-55927       05-55930        05-55932      05-55935
                                                          -----------  -----------  ----------------  ------------  -----------
<S>                                                       <C>          <C>          <C>               <C>           <C>
Net Outside Sales                                         187,838,279       0                   0      46,616,916   32,800,753
I/C Net Sales                                              19,603,840       0                   0      (2,723,700)   5,691,737
                                                          -----------     ---          ----------     -----------   ----------
            TOTAL SALES                                   207,442,118       0                   0      43,893,216   38,492,490
Cost of Sales                                             185,182,340       0                   0      29,746,241   36,113,886
                                                          -----------     ---          ----------     -----------   ----------
            GROSS PROFIT                                   22,259,778       0                   0      14,146,975    2,378,604
Selling, general & administrative expenses                 21,352,745       0                   0      18,284,964            0
                                                          -----------     ---          ----------     -----------   ----------
         OPERATING INCOME                                     907,033       0                   0      (4,137,989)   2,378,604
Interest Expense, net                                       8,287,165       0                   0       8,310,570            0
Intercompany Interest, net                                 (2,880,845)      0          (2,371,130)       (509,715)           0
Preferred Stock Accretion                                           0       0                   0               0            0
Miscellaneous (Income)/Expense                                      0       0                   0               0            0
Corporate Allocation Adjustment                            (2,548,478)      0                   0     (10,236,987)   1,057,256
Commission Income                                            (249,559)      0                   0        (249,559)           0
Commission Expense                                                  0       0                   0               0            0
Royalty Income                                               (636,872)      0                   0        (636,872)           0
Royalty Expense                                                     0       0                   0               0            0
Income from Invest in JV                                            0       0                   0               0            0
Minority Interest in Cons Net Income                                0       0                   0               0            0
Dividend Income                                                     0       0                   0               0            0
Discount/Income for Carcorp                                         0       0                   0               0            0
Gain/(Loss) Early Extinguishment of Debt                            0       0                   0               0            0
Discount/Premium on Hedges                                          0       0                   0               0            0
(Gain)/Loss on Hedges                                               0       0                   0               0            0
(Gain)/Loss on Swaps                                                0       0                   0               0            0
NAAIS Intercompany Sales Profit                                     0       0                   0               0            0
loss on Sale of Receivables                                         0       0                   0               0            0
Restructuring Provision                                             0       0                   0               0            0
Foreign Transactions-(Gain)/Loss                              170,448       0             435,160        (304,282)      (4,512)
Amort of Discount on NPV of Liabilities                             0       0                   0               0            0
(Gain)/Loss Sale-Leaseback Transaction                              0       0                   0               0            0
                                                          -----------     ---          ----------     -----------   ----------
   INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES   (1,234,826)      0           1,935,970        (511,143)   1,325,859
Federal Income Tax                                                  0       0                   0               0            0
Foreign Income Tax                                            658,274       0                   0         658,274            0
State Income Tax                                            1,000,000       0                   0       1,000,000            0
Other Income Tax                                                    0       0                   0               0            0
                                                          -----------     ---          ----------     -----------   ----------
      INCOME FROM CONTINUING OPERATIONS                    (2,893,100)      0           1,935,970      (2,169,417)   1,325,859
Discontinued Operations (Gain)/Loss                           110,035       0                   0               0            0
Gain/Loss on Sale of Divisions                                      0       0                   0               0            0
Extraordinary Items                                                 0       0                   0               0            0
Integration                                                         0       0                   0               0            0
                                                          -----------     ---          ----------     -----------   ----------
            NET INCOME                                     (3,003,135)      0           1,935,970      (2,169,417)   1,325,859
                                                          ===========     ===          ==========     ===========   ==========
</TABLE>


                                  Page 1 of 31

<PAGE>

                          COLLINS & AIKMAN CORPORATION
                                INCOME STATEMENT
                       FOR THE MONTH ENDING MARCH 31, 2006

<TABLE>
<CAPTION>
                                                              DURA      COLLINS &     OWOSSO                  AMCO
                                                          CONVERTIBLE     AIKMAN     THERMAL    SOUTHWEST  CONVERTIBLE
                                                            SYSTEMS,   DEVELOPMENT   FORMING,  LAMINATES,    FABRICS,
                                                              INC.       COMPANY     L.L.C..      INC.         INC.
                                                            05-55942     05-55943    05-55946   05-55948     05-55949
                                                          -----------  -----------  ---------  ----------  -----------
<S>                                                       <C>          <C>          <C>        <C>         <C>
Net Outside Sales                                         12,837,253        0       1,051,674   6,524,679           0
I/C Net Sales                                              2,630,366        0         201,130  (4,684,248)  3,140,938
                                                          ----------      ---       ---------  ----------   ---------
            TOTAL SALES                                   15,467,619        0       1,252,805   1,840,431   3,140,938
Cost of Sales                                             16,078,453        0       1,181,435   1,628,426   2,091,417
                                                          ----------      ---       ---------  ----------   ---------
            GROSS PROFIT                                    (610,833)       0          71,370     212,004   1,049,522
Selling, general & administrative expenses                   274,517        0               0       8,180           0
                                                          ----------      ---       ---------  ----------   ---------
         OPERATING INCOME                                   (885,351)       0          71,370     203,824   1,049,522
Interest Expense, net                                              0        0               0           0           0
Intercompany Interest, net                                         0        0               0           0           0
Preferred Stock Accretion                                          0        0               0           0           0
Miscellaneous (Income)/Expense                                     0        0               0           0           0
Corporate Allocation Adjustment                              206,889        0               0     127,199           0
Commission Income                                                  0        0               0           0           0
Commission Expense                                                 0        0               0           0           0
Royalty Income                                                     0        0               0           0           0
Royalty Expense                                                    0        0               0           0           0
Income from Invest in JV                                           0        0               0           0           0
Minority Interest in Cons Net Income                               0        0               0           0           0
Dividend Income                                                    0        0               0           0           0
Discount/Income for Carcorp                                        0        0               0           0           0
Gain/(Loss) Early Extinguishment of Debt                           0        0               0           0           0
Discount/Premium on Hedges                                         0        0               0           0           0
(Gain)/Loss on Hedges                                              0        0               0           0           0
(Gain)/Loss on Swaps                                               0        0               0           0           0
NAAIS Intercompany Sales Profit                                    0        0               0           0           0
loss on Sale of Receivables                                        0        0               0           0           0
Restructuring Provision                                            0        0               0           0           0
Foreign Transactions-(Gain)/Loss                              27,296        0               0           0           0
Amort of Discount on NPV of Liabilities                            0        0               0           0           0
(Gain)/Loss Sale-Leaseback Transaction                             0        0               0           0           0
                                                          ----------      ---       ---------  ----------   ---------
   INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES  (1,119,536)       0          71,370      76,625   1,049,522
Federal Income Tax                                                 0        0               0           0           0
Foreign Income Tax                                                 0        0               0           0           0
State Income Tax                                                   0        0               0           0           0
Other Income Tax                                                   0        0               0           0           0
                                                          ----------      ---       ---------  ----------   ---------
      INCOME FROM CONTINUING OPERATIONS                   (1,119,536)       0          71,370      76,625   1,049,522
Discontinued Operations (Gain)/Loss                                0        0               0           0           0
Gain/Loss on Sale of Divisions                                     0        0               0           0           0
Extraordinary Items                                                0        0               0           0           0
Integration                                                        0        0               0           0           0
                                                          ----------      ---       ---------  ----------   ---------
            NET INCOME                                    (1,119,536)       0          71,370      76,625   1,049,522
                                                          ==========      ===       =========  ==========   =========
</TABLE>


                                  Page 2 of 31


<PAGE>

                          COLLINS & AIKMAN CORPORATION
                                INCOME STATEMENT
                       FOR THE MONTH ENDING MARCH 31, 2006

<TABLE>
<CAPTION>
                                                                                       COLLINS &              COLLINS &
                                                            COLLINS &     COLLINS &     AIKMAN                 AIKMAN
                                                              AIKMAN        AIKMAN    AUTOMOTIVE     BRUT    AUTOMOTIVE
                                                          INTERNATIONAL   ACCESSORY   INTERIORS,  PLASTICS,  EXTERIORS,
                                                           CORPORATION    MATS, INC.     INC.        INC.       INC.
                                                             05-55951      05-55952    05-55956    05-55957   05-55958
                                                          -------------  -----------  ----------  ---------  ----------
<S>                                                       <C>            <C>          <C>         <C>        <C>
Net Outside Sales                                                 0      11,460,038   29,854,286      0      22,481,770
I/C Net Sales                                                     0      (3,042,798)  11,682,064      0       1,170,143
                                                             ------      ----------   ----------    ---      ----------
            TOTAL SALES                                           0       8,417,240   41,536,350      0      23,651,913
Cost of Sales                                                     0       6,597,271   38,632,545      0      21,509,514
                                                             ------      ----------   ----------    ---      ----------
            GROSS PROFIT                                          0       1,819,969    2,903,805      0       2,142,399
Selling, general & administrative expenses                    3,165         339,546            0      0         128,999
                                                             ------      ----------   ----------    ---      ----------
         OPERATING INCOME                                    (3,165)      1,480,423    2,903,805      0       2,013,400
Interest Expense, net                                             0               0            0      0               0
Intercompany Interest, net                                        0               0            0      0               0
Preferred Stock Accretion                                         0               0            0      0               0
Miscellaneous (Income)/Expense                                    0               0            0      0               0
Corporate Allocation Adjustment                                   0         528,516    2,511,655      0       1,138,057
Commission Income                                                 0               0            0      0               0
Commission Expense                                                0               0            0      0               0
Royalty Income                                                    0               0            0      0               0
Royalty Expense                                                   0               0            0      0               0
Income from Invest in JV                                          0               0            0      0               0
Minority Interest in Cons Net Income                              0               0            0      0               0
Dividend Income                                                   0               0            0      0               0
Discount/Income for Carcorp                                       0               0            0      0               0
Gain/(Loss) Early Extinguishment of Debt                          0               0            0      0               0
Discount/Premium on Hedges                                        0               0            0      0               0
(Gain)/Loss on Hedges                                             0               0            0      0               0
(Gain)/Loss on Swaps                                              0               0            0      0               0
NAAIS Intercompany Sales Profit                                   0               0            0      0               0
loss on Sale of Receivables                                       0               0            0      0               0
Restructuring Provision                                           0               0            0      0               0
Foreign Transactions-(Gain)/Loss                                  0               0            0      0           5,087
Amort of Discount on NPV of Liabilities                           0               0            0      0               0
(Gain)/Loss Sale-Leaseback Transaction                            0               0            0      0               0
                                                             ------      ----------   ----------    ---      ----------
   INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES     (3,165)        951,907      392,150      0         870,255
Federal Income Tax                                                0               0            0      0               0
Foreign Income Tax                                                0               0            0      0               0
State Income Tax                                                  0               0            0      0               0
Other Income Tax                                                  0               0            0      0               0
                                                             ------      ----------   ----------    ---      ----------
      INCOME FROM CONTINUING OPERATIONS                      (3,165)        951,907      392,150      0         870,255
Discontinued Operations (Gain)/Loss                               0               0            0      0               0
Gain/Loss on Sale of Divisions                                    0               0            0      0               0
Extraordinary Items                                               0               0            0      0               0
Integration                                                       0               0            0      0               0
                                                             ------      ----------   ----------    ---      ----------
            NET INCOME                                       (3,165)        951,907      392,150      0         870,255
                                                             ======      ==========   ==========    ===      ==========
</TABLE>


                                  Page 3 of 31
<PAGE>

                          COLLINS & AIKMAN CORPORATION
                                INCOME STATEMENT
                       FOR THE MONTH ENDING MARCH 31, 2006

<TABLE>
<CAPTION>
                                                             COLLINS &      COLLINS &                     COLLINS &      COLLINS &
                                                           AIKMAN ASSET       AIKMAN      WICKES ASSET      AIKMAN         AIKMAN
                                                          SERVICES, INC.  PLASTICS,INC.   MANAGEMENT,      FABRICS,     PROPERTIES,
                                                             05-55959        05-55960    INC. 05-55962  INC. 05-55963  INC. 05-55964
                                                          --------------  -------------  -------------  -------------  -------------
<S>                                                       <C>             <C>            <C>            <C>            <C>
Net Outside Sales                                                0          1,075,221          0          9,817,441            0
I/C Net Sales                                                    0            839,974          0          4,684,248            0
                                                               ---         ----------        ---         ----------       ------
            TOTAL SALES                                          0          1,915,195          0         14,501,689            0
Cost of Sales                                                    0          1,791,512          0         15,277,713            0
                                                               ---         ----------        ---         ----------       ------
            GROSS PROFIT                                         0            123,682          0           (776,025)           0
Selling, general & administrative expenses                       0          1,582,370          0            567,797        1,315
                                                               ---         ----------        ---         ----------       ------
         OPERATING INCOME                                        0         (1,458,687)         0         (1,343,822)      (1,315)
Interest Expense, net                                            0                  0          0                  0            0
Intercompany Interest, net                                       0                  0          0                  0            0
Preferred Stock Accretion                                        0                  0          0                  0            0
Miscellaneous (Income)/Expense                                   0                  0          0                  0            0
Corporate Allocation Adjustment                                  0            556,533          0            305,758            0
Commission Income                                                0                  0          0                  0            0
Commission Expense                                               0                  0          0                  0            0
Royalty Income                                                   0                  0          0                  0            0
Royalty Expense                                                  0                  0          0                  0            0
Income from Invest in JV                                         0                  0          0                  0            0
Minority Interest in Cons Net Income                             0                  0          0                  0            0
Dividend Income                                                  0                  0          0                  0            0
Discount/Income for Carcorp                                      0                  0          0                  0            0
Gain/(Loss) Early Extinguishment of Debt                         0                  0          0                  0            0
Discount/Premium on Hedges                                       0                  0          0                  0            0
(Gain)/Loss on Hedges                                            0                  0          0                  0            0
(Gain)/Loss on Swaps                                             0                  0          0                  0            0
NAAIS Intercompany Sales Profit                                  0                  0          0                  0            0
loss on Sale of Receivables                                      0                  0          0                  0            0
Restructuring Provision                                          0                  0          0                  0            0
Foreign Transactions-(Gain)/Loss                                 0             11,299          0                  0            0
Amort of Discount on NPV of Liabilities                          0                  0          0                  0            0
(Gain)/Loss Sale-Leaseback Transaction                           0                  0          0                  0            0
                                                               ---         ----------        ---         ----------       ------
   INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES         0         (2,026,519)         0         (1,649,580)      (1,315)
Federal Income Tax                                               0                  0          0                  0            0
Foreign Income Tax                                               0                  0          0                  0            0
State Income Tax                                                 0                  0          0                  0            0
Other Income Tax                                                 0                  0          0                  0            0
                                                               ---         ----------        ---         ----------       ------
      INCOME FROM CONTINUING OPERATIONS                          0         (2,026,519)         0         (1,649,580)      (1,315)
Discontinued Operations (Gain)/Loss                              0                  0          0                  0            0
Gain/Loss on Sale of Divisions                                   0                  0          0                  0            0
Extraordinary Items                                              0                  0          0                  0            0
Integration                                                      0                  0          0                  0            0
                                                               ---         ----------        ---         ----------       ------
            NET INCOME                                           0         (2,026,519)         0         (1,649,580)      (1,315)
                                                               ===         ==========        ===         ==========       ======
</TABLE>


                                  Page 4 of 31

<PAGE>

                          COLLINS & AIKMAN CORPORATION
                                INCOME STATEMENT
                       FOR THE MONTH ENDING MARCH 31, 2006

<TABLE>
<CAPTION>
                                                          COLLINS & AIKMAN      WICKES       COLLINS &      COLLINS &      COMET
                                                             AUTOMOTIVE     MANUFACTURING      AIKMAN        AIKMAN     ACOUSTICS,
                                                            (ARGENTINA),       COMPANY       INTERIORS,   EUROPE, INC.     INC.
                                                            INC. 05-55965      05-55968    INC. 05-55970    05-55971     05-55972
                                                          ----------------  -------------  -------------  ------------  ----------
<S>                                                       <C>               <C>            <C>            <C>           <C>
Net Outside Sales                                                 0                  0           0              0            0
I/C Net Sales                                                     0                  0           0              0            0
                                                                ---           --------         ---            ---          ---
            TOTAL SALES                                           0                  0           0              0            0
Cost of Sales                                                     0                  0           0              0            0
                                                                ---           --------         ---            ---          ---
            GROSS PROFIT                                          0                  0           0              0            0
Selling, general & administrative expenses                        0                  0           0              0            0
                                                                ---           --------         ---            ---          ---
         OPERATING INCOME                                         0                  0           0              0            0
Interest Expense, net                                             0                  0           0              0            0
Intercompany Interest, net                                        0                  0           0              0            0
Preferred Stock Accretion                                         0                  0           0              0            0
Miscellaneous (Income)/Expense                                    0                  0           0              0            0
Corporate Allocation Adjustment                                   0                  0           0              0            0
Commission Income                                                 0                  0           0              0            0
Commission Expense                                                0                  0           0              0            0
Royalty Income                                                    0                  0           0              0            0
Royalty Expense                                                   0                  0           0              0            0
Income from Invest in JV                                          0                  0           0              0            0
Minority Interest in Cons Net Income                              0                  0           0              0            0
Dividend Income                                                   0                  0           0              0            0
Discount/Income for Carcorp                                       0                  0           0              0            0
Gain/(Loss) Early Extinguishment of Debt                          0                  0           0              0            0
Discount/Premium on Hedges                                        0                  0           0              0            0
(Gain)/Loss on Hedges                                             0                  0           0              0            0
(Gain)/Loss on Swaps                                              0                  0           0              0            0
NAAIS Intercompany Sales Profit                                   0                  0           0              0            0
loss on Sale of Receivables                                       0                  0           0              0            0
Restructuring Provision                                           0                  0           0              0            0
Foreign Transactions-(Gain)/Loss                                  0                  0           0              0            0
Amort of Discount on NPV of Liabilities                           0                  0           0              0            0
(Gain)/Loss Sale-Leaseback Transaction                            0                  0           0              0            0
                                                                ---           --------         ---            ---          ---
   INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES          0                  0           0              0            0
Federal Income Tax                                                0                  0           0              0            0
Foreign Income Tax                                                0                  0           0              0            0
State Income Tax                                                  0                  0           0              0            0
Other Income Tax                                                  0                  0           0              0            0
                                                                ---           --------         ---            ---          ---
      INCOME FROM CONTINUING OPERATIONS                           0                  0           0              0            0
Discontinued Operations (Gain)/Loss                               0            110,035           0              0            0
Gain/Loss on Sale of Divisions                                    0                  0           0              0            0
Extraordinary Items                                               0                  0           0              0            0
Integration                                                       0                  0           0              0            0
                                                                ---           --------         ---            ---          ---
            NET INCOME                                            0           (110,035)          0              0            0
                                                                ===           ========         ===            ===          ===
</TABLE>


                                  Page 5 of 31

<PAGE>

                          COLLINS & AIKMAN CORPORATION
                                INCOME STATEMENT
                       FOR THE MONTH ENDING MARCH 31, 2006

<TABLE>
<CAPTION>
                                                                                                     COLLINS & AIKMAN
                                                             GAMBLE      COLLINS &                      AUTOMOTIVE
                                                          DEVELOPMENT     AIKMAN      BECKER GROUP,      OVERSEAS      CW MANAGEMENT
                                                            COMPANY     INTELLIMOLD,      L.L.C.        INVESTMENT      CORPORATION
                                                            05-55974   INC. 05-55976     05-55977      INC. 05-55978      05-55979
                                                          -----------  -------------  -------------  ----------------  -------------
<S>                                                       <C>          <C>            <C>            <C>               <C>
Net Outside Sales                                              0             0          7,130,967            0               0
I/C Net Sales                                                  0             0            (34,862)           0               0
                                                             ---           ---         ----------          ---             ---
            TOTAL SALES                                        0             0          7,096,105            0               0
Cost of Sales                                                  0             0          8,662,090            0               0
                                                             ---           ---         ----------          ---             ---
            GROSS PROFIT                                       0             0         (1,565,985)           0               0
Selling, general & administrative expenses                     0             0            106,284            0               0
                                                             ---           ---         ----------          ---             ---
         OPERATING INCOME                                      0             0         (1,672,269)           0               0
Interest Expense, net                                          0             0            (23,405)           0               0
Intercompany Interest, net                                     0             0                  0            0               0
Preferred Stock Accretion                                      0             0                  0            0               0
Miscellaneous (Income)/Expense                                 0             0                  0            0               0
Corporate Allocation Adjustment                                0             0            946,574            0               0
Commission Income                                              0             0                  0            0               0
Commission Expense                                             0             0                  0            0               0
Royalty Income                                                 0             0                  0            0               0
Royalty Expense                                                0             0                  0            0               0
Income from Invest in JV                                       0             0                  0            0               0
Minority Interest in Cons Net Income                           0             0                  0            0               0
Dividend Income                                                0             0                  0            0               0
Discount/Income for Carcorp                                    0             0                  0            0               0
Gain/(Loss) Early Extinguishment of Debt                       0             0                  0            0               0
Discount/Premium on Hedges                                     0             0                  0            0               0
(Gain)/Loss on Hedges                                          0             0                  0            0               0
(Gain)/Loss on Swaps                                           0             0                  0            0               0
NAAIS Intercompany Sales Profit                                0             0                  0            0               0
loss on Sale of Receivables                                    0             0                  0            0               0
Restructuring Provision                                        0             0                  0            0               0
Foreign Transactions-(Gain)/Loss                               0             0             17,640            0               0
Amort of Discount on NPV of Liabilities                        0             0                  0            0               0
(Gain)/Loss Sale-Leaseback Transaction                         0             0                  0            0               0
                                                             ---           ---         ----------          ---             ---
   INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES       0             0         (2,613,079)           0               0
Federal Income Tax                                             0             0                  0            0               0
Foreign Income Tax                                             0             0                  0            0               0
State Income Tax                                               0             0                  0            0               0
Other Income Tax                                               0             0                  0            0               0
                                                             ---           ---         ----------          ---             ---
      INCOME FROM CONTINUING OPERATIONS                        0             0         (2,613,079)           0               0
Discontinued Operations (Gain)/Loss                            0             0                  0            0               0
Gain/Loss on Sale of Divisions                                 0             0                  0            0               0
Extraordinary Items                                            0             0                  0            0               0
Integration                                                    0             0                  0            0               0
                                                             ---           ---         ----------          ---             ---
            NET INCOME                                         0             0         (2,613,079)           0               0
                                                             ===           ===         ==========          ===             ===
</TABLE>


                                  Page 6 of 31
<PAGE>

                          COLLINS & AIKMAN CORPORATION
                                INCOME STATEMENT
                       FOR THE MONTH ENDING MARCH 31, 2006

<TABLE>
<CAPTION>
                                                                                                  COLLINS & AIKMAN
                                            COLLINS & AIKMAN  COLLINS & AIKMAN  COLLINS & AIKMAN     AUTOMOTIVE     COLLINS & AIKMAN
                                               AUTOMOTIVE         CARPET &          CARPET &       INTERNATIONAL       (GIBRALTAR)
                                             INTERNATIONAL,    ACOUSTIC (TN),    ACOUSTIC (MI),       SERVICES,          LIMITED
                                              INC. 05-55980     INC. 05-55984     INC. 05-55982     INC. 05-55985       05-55989
                                            ----------------  ----------------  ----------------  ----------------  ----------------
<S>                                         <C>               <C>               <C>               <C>               <C>
NET OUTSIDE SALES                                    0            6,187,281              0                  0               0
I/C NET SALES                                        0               48,846              0                  0               0
                                                   ---            ---------            ---            -------             ---
            TOTAL SALES                              0            6,236,127              0                  0               0
COST OF SALES                                        0            5,858,766              0                499               3
                                                   ---            ---------            ---            -------             ---
            GROSS PROFIT                             0              377,361              0               (499)             (3)
SELLING, GENERAL & ADMINISTRATIVE EXPENSES           0                    0              0                  0               0
                                                   ---            ---------            ---            -------             ---
         OPERATING INCOME                            0              377,361              0               (499)             (3)
INTEREST EXPENSE, NET                                0                    0              0                  0               0
INTERCOMPANY INTEREST, NET                           0                    0              0                  0               0
PREFERRED STOCK ACCRETION                            0                    0              0                  0               0
MISCELLANEOUS (INCOME)/EXPENSE                       0                    0              0                  0               0
CORPORATE ALLOCATION ADJUSTMENT                      0              310,072              0                  0               0
COMMISSION INCOME                                    0                    0              0                  0               0
COMMISSION EXPENSE                                   0                    0              0                  0               0
ROYALTY INCOME                                       0                    0              0                  0               0
ROYALTY EXPENSE                                      0                    0              0                  0               0
INCOME FROM INVEST IN JV                             0                    0              0                  0               0
MINORITY INTEREST IN CONS NET INCOME                 0                    0              0                  0               0
DIVIDEND INCOME                                      0                    0              0                  0               0
DISCOUNT/INCOME FOR CARCORP                          0                    0              0                  0               0
GAIN/(LOSS) EARLY EXTINGUISHMENT OF DEBT             0                    0              0                  0               0
DISCOUNT/PREMIUM ON HEDGES                           0                    0              0                  0               0
(GAIN)/LOSS ON HEDGES                                0                    0              0                  0               0
(GAIN)/LOSS ON SWAPS                                 0                    0              0                  0               0
NAAIS INTERCOMPANY SALES PROFIT                      0                    0              0                  0               0
LOSS ON SALE OF RECEIVABLES                          0                    0              0                  0               0
RESTRUCTURING PROVISION                              0                    0              0                  0               0
FOREIGN TRANSACTIONS-(GAIN)/LOSS                     0                    0              0            (17,241)              0
AMORT OF DISCOUNT ON NPV OF LIABILITIES              0                    0              0                  0               0
(GAIN)/LOSS SALE-LEASEBACK TRANSACTION               0                    0              0                  0               0
                                                   ---            ---------            ---            -------             ---
   INCOME FROM CONTINUING OPERATIONS
      BEFORE INCOME TAXES                            0               67,289              0             16,742              (3)
FEDERAL INCOME TAX                                   0                    0              0                  0               0
FOREIGN INCOME TAX                                   0                    0              0                  0               0
STATE INCOME TAX                                     0                    0              0                  0               0
OTHER INCOME TAX                                     0                    0              0                  0               0
                                                   ---            ---------            ---            -------             ---
      INCOME FROM CONTINUING OPERATIONS              0               67,289              0             16,742              (3)
DISCONTINUED OPERATIONS (GAIN)/LOSS                  0                    0              0                  0               0
GAIN/LOSS ON SALE OF DIVISIONS                       0                    0              0                  0               0
EXTRAORDINARY ITEMS                                  0                    0              0                  0               0
INTEGRATION                                          0                    0              0                  0               0
                                                   ---            ---------            ---            -------             ---
            NET INCOME                               0               67,289              0             16,742              (3)
                                                   ===            =========            ===            =======             ===
</TABLE>


                                  Page 7 of 31

<PAGE>

                          COLLINS & AIKMAN CORPORATION
                                INCOME STATEMENT
                       FOR THE MONTH ENDING MARCH 31, 2006

<TABLE>
<CAPTION>
                                             COLLINS & AIKMAN     NEW BALTIMORE     COLLINS & AIKMAN        COLLINS & AIKMAN
                                            AUTOMOTIVE (ASIA),  HOLDINGS, L.L.C.  AUTOMOTIVE SERVICES,  AUTOMOTIVE MATS, L.L.C.
                                               INC. 05-55991        05-55992         L.L.C. 05-55981            05-55969
                                            ------------------  ----------------  --------------------  -----------------------
<S>                                         <C>                 <C>               <C>                   <C>
NET OUTSIDE SALES                                     0                   0                  0                      0
I/C NET SALES                                         0                   0                  0                      0
                                                -------             -------                ---                    ---
            TOTAL SALES                               0                   0                  0                      0
COST OF SALES                                         0              12,568                  0                      0
                                                -------             -------                ---                    ---
            GROSS PROFIT                              0             (12,568)                 0                      0
SELLING, GENERAL & ADMINISTRATIVE EXPENSES       55,607                   0                  0                      0
                                                -------             -------                ---                    ---
         OPERATING INCOME                       (55,607)            (12,568)                 0                      0
INTEREST EXPENSE, NET                                 0                   0                  0                      0
INTERCOMPANY INTEREST, NET                            0                   0                  0                      0
PREFERRED STOCK ACCRETION                             0                   0                  0                      0
MISCELLANEOUS (INCOME)/EXPENSE                        0                   0                  0                      0
CORPORATE ALLOCATION ADJUSTMENT                       0                   0                  0                      0
COMMISSION INCOME                                     0                   0                  0                      0
COMMISSION EXPENSE                                    0                   0                  0                      0
ROYALTY INCOME                                        0                   0                  0                      0
ROYALTY EXPENSE                                       0                   0                  0                      0
INCOME FROM INVEST IN JV                              0                   0                  0                      0
MINORITY INTEREST IN CONS NET INCOME                  0                   0                  0                      0
DIVIDEND INCOME                                       0                   0                  0                      0
DISCOUNT/INCOME FOR CARCORP                           0                   0                  0                      0
GAIN/(LOSS) EARLY EXTINGUISHMENT OF DEBT              0                   0                  0                      0
DISCOUNT/PREMIUM ON HEDGES                            0                   0                  0                      0
(GAIN)/LOSS ON HEDGES                                 0                   0                  0                      0
(GAIN)/LOSS ON SWAPS                                  0                   0                  0                      0
NAAIS INTERCOMPANY SALES PROFIT                       0                   0                  0                      0
LOSS ON SALE OF RECEIVABLES                           0                   0                  0                      0
RESTRUCTURING PROVISION                               0                   0                  0                      0
FOREIGN TRANSACTIONS-(GAIN)/LOSS                      0                   0                  0                      0
AMORT OF DISCOUNT ON NPV OF LIABILITIES               0                   0                  0                      0
(GAIN)/LOSS SALE-LEASEBACK TRANSACTION                0                   0                  0                      0
                                                -------             -------                ---                    ---
   INCOME FROM CONTINUING OPERATIONS
      BEFORE INCOME TAXES                       (55,607)            (12,568)                 0                      0
FEDERAL INCOME TAX                                    0                   0                  0                      0
FOREIGN INCOME TAX                                    0                   0                  0                      0
STATE INCOME TAX                                      0                   0                  0                      0
OTHER INCOME TAX                                      0                   0                  0                      0
                                                -------             -------                ---                    ---
      INCOME FROM CONTINUING OPERATIONS         (55,607)            (12,568)                 0                      0
DISCONTINUED OPERATIONS (GAIN)/LOSS                   0                   0                  0                      0
GAIN/LOSS ON SALE OF DIVISIONS                        0                   0                  0                      0
EXTRAORDINARY ITEMS                                   0                   0                  0                      0
INTEGRATION                                           0                   0                  0                      0
                                                -------             -------                ---                    ---
            NET INCOME                          (55,607)            (12,568)                 0                      0
                                                =======             =======                ===                    ===
</TABLE>


                                  Page 8 of 31

<PAGE>

                          COLLINS & AIKMAN CORPORATION
                                INCOME STATEMENT
                         MAY 17, 2005 - MARCH 31, 2006

<TABLE>
<CAPTION>
                                                                             COLLINS & AIKMAN
                                                           COLLINS & AIKMAN   CANADA DOMESTIC  COLLINS & AIKMAN
                                                              CORPORATION     HOLDING COMPANY      PRODUCTS      JPS AUTOMOTIVE,
                                                TOTAL          05-55927          05-55930        CO. 05-55932     INC. 05-55935
                                            -------------  ----------------  ----------------  ----------------  --------------
<S>                                         <C>            <C>               <C>               <C>               <C>
NET OUTSIDE SALES                           1,829,125,283           0                    0       491,975,464       253,076,927
I/C NET SALES                                 102,657,433           0                    0       (26,586,361)       30,080,580
                                            -------------         ---          -----------       -----------       -----------
            TOTAL SALES                     1,931,782,717           0                    0       465,389,103       283,157,507
COST OF SALES                               1,697,312,297           0                    0       245,562,743       269,678,601
                                            -------------         ---          -----------       -----------       -----------
            GROSS PROFIT                      234,470,419           0                    0       219,826,360        13,478,906
SELLING, GENERAL & ADMINISTRATIVE EXPENSES    230,366,201           0                    0       200,576,041           261,319
                                            -------------         ---          -----------       -----------       -----------
         OPERATING INCOME                       4,104,219           0                    0        19,250,320        13,217,587
INTEREST EXPENSE, NET                          78,915,237           0                    0        79,000,575                 0
INTERCOMPANY INTEREST, NET                    (29,180,831)          0          (21,976,886)       (8,658,369)          258,594
PREFERRED STOCK ACCRETION                               0           0                    0                 0                 0
MISCELLANEOUS (INCOME)/EXPENSE                      2,906           0                    0             2,362                 0
CORPORATE ALLOCATION ADJUSTMENT               (14,846,338)          0                    0       (56,203,402)        5,047,195
COMMISSION INCOME                              (1,637,471)          0                    0        (1,637,471)                0
COMMISSION EXPENSE                                      0           0                    0                 0                 0
ROYALTY INCOME                                 (4,627,473)          0                    0        (4,569,378)                0
ROYALTY EXPENSE                                         0           0                    0                 0                 0
INCOME FROM INVEST IN JV                          177,794           0                    0                 0                 0
MINORITY INTEREST IN CONS NET INCOME                    0           0                    0                 0                 0
DIVIDEND INCOME                                         0           0                    0                 0                 0
DISCOUNT/INCOME FOR CARCORP                         2,592           0                    0             2,592                 0
GAIN/(LOSS) EARLY EXTINGUISHMENT OF DEBT                0           0                    0                 0                 0
DISCOUNT/PREMIUM ON HEDGES                              0           0                    0                 0                 0
(GAIN)/LOSS ON HEDGES                                   0           0                    0                 0                 0
(GAIN)/LOSS ON SWAPS                                    0           0                    0                 0                 0
NAAIS INTERCOMPANY SALES PROFIT                         0           0                    0                 0                 0
LOSS ON SALE OF RECEIVABLES                             0           0                    0                 0                 0
RESTRUCTURING PROVISION                                 0           0                    0                 0                 0
FOREIGN TRANSACTIONS-(GAIN)/LOSS                  (42,055)          0             (955,491)        1,058,018            (4,512)
AMORT OF DISCOUNT ON NPV OF LIABILITIES                 0           0                    0                 0                 0
(GAIN)/LOSS SALE-LEASEBACK TRANSACTION                  0           0                    0                 0                 0
                                            -------------         ---          -----------       -----------       -----------
   INCOME FROM CONTINUING OPERATIONS
      BEFORE INCOME TAXES                     (24,660,142)          0           22,932,377        10,255,393         7,916,309
FEDERAL INCOME TAX                             (4,090,271)          0                    0        (4,090,271)                0
STATE INCOME TAX                                1,000,000           0                    0         1,000,000                 0
FOREIGN INCOME TAX                                853,228           0                    0           853,228                 0
OTHER INCOME TAX                                        0           0                    0                 0                 0
                                            -------------         ---          -----------       -----------       -----------
      INCOME FROM CONTINUING OPERATIONS       (22,423,099)          0           22,932,377        12,492,436         7,916,309
DISCONTINUED OPERATIONS (GAIN)/LOSS            (7,783,260)          0                    0                 0                 0
GAIN/LOSS ON SALE OF DIVISIONS                          0           0                    0                 0                 0
EXTRAORDINARY ITEMS                                     0           0                    0                 0                 0
INTEGRATION                                             0           0                    0                 0                 0
                                            -------------         ---          -----------       -----------       -----------
            NET INCOME                        (14,639,839)          0           22,932,377        12,492,436         7,916,309
                                            =============         ===          ===========       ===========       ===========
</TABLE>


                                  Page 9 of 31
<PAGE>

                           COLLINS AIKMAN CORPORATION
                                INCOME STATEMENT
                          MAY 17, 2005 - MARCH 31, 2006

<TABLE>
<CAPTION>
                                                                          COLLINS &     OWOSSO                     AMCO
                                                              DURA          AIKMAN      THERMAL    SOUTHWEST   CONVERTIBLE
                                                           CONVERTIBLE   DEVELOPMENT   FORMING,    LAMINATES,    FABRICS,
                                                          SYSTEMS, INC.    COMPANY      L.L.C.        INC.        INC.
                                                             05-55942      05-55943    05-55946     05-55948     05-55949
                                                          -------------  -----------  ----------  -----------  -----------
<S>                                                       <C>            <C>          <C>         <C>          <C>
NET OUTSIDE SALES                                           91,821,524        0        9,011,460   76,745,444            0
I/C NET SALES                                               18,199,657        0        1,995,716  (57,272,512)  21,444,076
                                                           -----------      ---       ----------  -----------   ----------
            TOTAL SALES                                    110,021,181        0       11,007,176   19,472,932   21,444,076
COST OF SALES                                              114,937,980        0       13,446,623   16,772,174   14,138,393
                                                           -----------      ---       ----------  -----------   ----------
            GROSS PROFIT                                    (4,916,799)       0       (2,439,447)   2,700,758    7,305,683
SELLING, GENERAL & ADMINISTRATIVE EXPENSES                   3,217,454        0            1,127     (104,002)           0
                                                           -----------      ---       ----------  -----------   ----------
         OPERATING INCOME                                   (8,134,253)       0       (2,440,574)   2,804,760    7,305,683
INTEREST EXPENSE, NET                                                0        0                0            0            0
INTERCOMPANY INTEREST, NET                                     144,063        0                0            0            0
PREFERRED STOCK ACCRETION                                            0        0                0            0            0
MISCELLANEOUS (INCOME)/EXPENSE                                       0        0                0            0            0
CORPORATE ALLOCATION ADJUSTMENT                                899,997        0                0      577,260            0
COMMISSION INCOME                                                    0        0                0            0            0
COMMISSION EXPENSE                                                   0        0                0            0            0
ROYALTY INCOME                                                       0        0                0            0            0
ROYALTY EXPENSE                                                      0        0                0            0            0
INCOME FROM INVEST IN JV                                             0        0                0            0            0
MINORITY INTEREST IN CONS NET INCOME                                 0        0                0            0            0
DIVIDEND INCOME                                                      0        0                0            0            0
DISCOUNT/INCOME FOR CARCORP                                          0        0                0            0            0
GAIN/(LOSS) EARLY EXTINGUISHMENT OF DEBT                             0        0                0            0            0
DISCOUNT/PREMIUM ON HEDGES                                           0        0                0            0            0
(GAIN)/LOSS ON HEDGES                                                0        0                0            0            0
(GAIN)/LOSS ON SWAPS                                                 0        0                0            0            0
NAAIS INTERCOMPANY SALES PROFIT                                      0        0                0            0            0
LOSS ON SALE OF RECEIVABLES                                          0        0                0            0            0
RESTRUCTURING PROVISION                                              0        0                0            0            0
FOREIGN TRANSACTIONS-(GAIN)/LOSS                               (92,523)       0                0            0            0
AMORT OF DISCOUNT ON NPV OF LIABILITIES                              0        0                0            0            0
(GAIN)/LOSS SALE-LEASEBACK TRANSACTION                               0        0                0            0            0
                                                           -----------      ---       ----------  -----------   ----------
   INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES    (9,085,790)       0       (2,440,574)   2,227,500    7,305,683
FEDERAL INCOME TAX                                                   0        0                0            0            0
STATE INCOME TAX                                                     0        0                0            0            0
FOREIGN INCOME TAX                                                   0        0                0            0            0
OTHER INCOME TAX                                                     0        0                0            0            0
                                                           -----------      ---       ----------  -----------   ----------
      INCOME FROM CONTINUING OPERATIONS                     (9,085,790)       0       (2,440,574)   2,227,500    7,305,683
DISCONTINUED OPERATIONS (GAIN)/LOSS                                  0        0                0            0            0
GAIN/LOSS ON SALE OF DIVISIONS                                       0        0                0            0            0
EXTRAORDINARY ITEMS                                                  0        0                0            0            0
INTEGRATION                                                          0        0                0            0            0
                                                           -----------      ---       ----------  -----------   ----------
            NET INCOME                                      (9,085,790)       0       (2,440,574)   2,227,500    7,305,683
                                                           ===========      ===       ==========  ===========   ==========
</TABLE>


                                 Page 10 of 31

<PAGE>

                           COLLINS AIKMAN CORPORATION
                                INCOME STATEMENT
                          MAY 17, 2005 - MARCH 31, 2006

<TABLE>
<CAPTION>
                                                             COLLINS       COLLINS       COLLINS                   COLLINS
                                                             & AIKMAN      & AIKMAN      & AIKMAN       BRUT       & AIKMAN
                                                          INTERNATIONAL   ACCESSORY     AUTOMOTIVE   PLASTICS,    AUTOMOTIVE
                                                           CORPORATION    MATS, INC.    INTERIORS,    INC. 05-    EXTERIORS,
                                                             05-55951      05-55952   INC. 05-55956    55957    INC. 05-55958
                                                          -------------  -----------  -------------  ---------  -------------
<S>                                                       <C>            <C>          <C>            <C>        <C>
NET OUTSIDE SALES                                                   0    110,942,911  352,892,822         0      200,283,488
I/C NET SALES                                                       0    (21,090,552)  75,539,581         0        8,539,417
                                                              -------    -----------  -----------       ---      -----------
            TOTAL SALES                                             0     89,852,359  428,432,403         0      208,822,905
COST OF SALES                                                       0     73,461,850  430,234,663         0      211,360,481
                                                              -------    -----------  -----------       ---      -----------
            GROSS PROFIT                                            0     16,390,509   (1,802,260)        0       (2,537,576)
SELLING, GENERAL & ADMINISTRATIVE EXPENSES                     12,620      3,737,466      266,329         0          154,531
                                                              -------    -----------  -----------       ---      -----------
         OPERATING INCOME                                     (12,620)    12,653,043   (2,068,588)        0       (2,692,107)
INTEREST EXPENSE, NET                                               0              0            0         0                0
INTERCOMPANY INTEREST, NET                                          0        146,643      287,843         0          288,772
PREFERRED STOCK ACCRETION                                           0              0            0         0                0
MISCELLANEOUS (INCOME)/EXPENSE                                      0              0            0         0               (0)
CORPORATE ALLOCATION ADJUSTMENT                                     0      2,633,645   13,855,278         0        7,358,897
COMMISSION INCOME                                                   0              0            0         0                0
COMMISSION EXPENSE                                                  0              0            0         0                0
ROYALTY INCOME                                                      0              0            0         0                0
ROYALTY EXPENSE                                                     0              0            0         0                0
INCOME FROM INVEST IN JV                                            0              0            0         0                0
MINORITY INTEREST IN CONS NET INCOME                                0              0            0         0                0
DIVIDEND INCOME                                                     0              0            0         0                0
DISCOUNT/INCOME FOR CARCORP                                         0              0            0         0                0
GAIN/(LOSS) EARLY EXTINGUISHMENT OF DEBT                            0              0            0         0                0
DISCOUNT/PREMIUM ON HEDGES                                          0              0            0         0                0
(GAIN)/LOSS ON HEDGES                                               0              0            0         0                0
(GAIN)/LOSS ON SWAPS                                                0              0            0         0                0
NAAIS INTERCOMPANY SALES PROFIT                                     0              0            0         0                0
LOSS ON SALE OF RECEIVABLES                                         0              0            0         0                0
RESTRUCTURING PROVISION                                             0              0            0         0                0
FOREIGN TRANSACTIONS-(GAIN)/LOSS                                    0              0            0         0          (72,761)
AMORT OF DISCOUNT ON NPV OF LIABILITIES                             0              0            0         0                0
(GAIN)/LOSS SALE-LEASEBACK TRANSACTION                              0              0            0         0                0
                                                              -------    -----------  -----------       ---      -----------
   INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES      (12,620)     9,872,755  (16,211,709)        0      (10,267,016)
FEDERAL INCOME TAX                                                  0              0            0         0                0
STATE INCOME TAX                                                    0              0            0         0                0
FOREIGN INCOME TAX                                                  0              0            0         0                0
OTHER INCOME TAX                                                    0              0            0         0                0
                                                              -------    -----------  -----------       ---      -----------
      INCOME FROM CONTINUING OPERATIONS                       (12,620)     9,872,755  (16,211,709)        0      (10,267,016)
DISCONTINUED OPERATIONS (GAIN)/LOSS                                 0              0            0         0                0
GAIN/LOSS ON SALE OF DIVISIONS                                      0              0            0         0                0
EXTRAORDINARY ITEMS                                                 0              0            0         0                0
INTEGRATION                                                         0              0            0         0                0
                                                              -------    -----------  -----------       ---      -----------
            NET INCOME                                        (12,620)     9,872,755  (16,211,709)        0      (10,267,016)
                                                              =======    ===========  ===========       ===      ===========
</TABLE>


                                  Page 11 of 31

<PAGE>

                           COLLINS AIKMAN CORPORATION
                                INCOME STATEMENT
                          MAY 17, 2005 - MARCH 31, 2006

<TABLE>
<CAPTION>
                                                              COLLINS
                                                             & AIKMAN        COLLINS                       COLLINS        COLLINS
                                                               ASSET         & AIKMAN     WICKES ASSET     & AIKMAN       & AIKMAN
                                                          SERVICES, INC.    PLASTICS,     MANAGEMENT,   FABRICS, INC.   PROPERTIES,
                                                             05- 55959    INC. 05-55960  INC. 05-55962     05-55963    INC. 05-55964
                                                          --------------  -------------  -------------  -------------  -------------
<S>                                                       <C>             <C>            <C>            <C>            <C>
NET OUTSIDE SALES                                                 0         13,495,487          0        96,101,748             0
I/C NET SALES                                                     0          9,344,680          0        57,279,544             0
                                                                ---        -----------       ----       -----------       -------
            TOTAL SALES                                           0         22,840,168          0       153,381,293             0
COST OF SALES                                                     0         22,910,846          0       161,936,085             0
                                                                ---        -----------       ----       -----------       -------
            GROSS PROFIT                                          0            (70,679)         0        (8,554,793)            0
SELLING, GENERAL & ADMINISTRATIVE EXPENSES                        0         12,449,533       (544)        6,635,007        17,930
                                                                ---        -----------       ----       -----------       -------
         OPERATING INCOME                                         0        (12,520,212)       544       (15,189,800)      (17,930)
INTEREST EXPENSE, NET                                             0                  0          0                 0             0
INTERCOMPANY INTEREST, NET                                        0             23,409          0           139,351             0
PREFERRED STOCK ACCRETION                                         0                  0          0                 0             0
MISCELLANEOUS (INCOME)/EXPENSE                                    0                  0        544                 0             0
CORPORATE ALLOCATION ADJUSTMENT                                   0          2,638,096          0         1,811,887             0
COMMISSION INCOME                                                 0                  0          0                 0             0
COMMISSION EXPENSE                                                0                  0          0                 0             0
ROYALTY INCOME                                                    0                  0          0           (58,095)            0
ROYALTY EXPENSE                                                   0                  0          0                 0             0
INCOME FROM INVEST IN JV                                          0                  0          0                 0             0
MINORITY INTEREST IN CONS NET INCOME                              0                  0          0                 0             0
DIVIDEND INCOME                                                   0                  0          0                 0             0
DISCOUNT/INCOME FOR CARCORP                                       0                  0          0                 0             0
GAIN/(LOSS) EARLY EXTINGUISHMENT OF DEBT                          0                  0          0                 0             0
DISCOUNT/PREMIUM ON HEDGES                                        0                  0          0                 0             0
(GAIN)/LOSS ON HEDGES                                             0                  0          0                 0             0
(GAIN)/LOSS ON SWAPS                                              0                  0          0                 0             0
NAAIS INTERCOMPANY SALES PROFIT                                   0                  0          0                 0             0
LOSS ON SALE OF RECEIVABLES                                       0                  0          0                 0             0
RESTRUCTURING PROVISION                                           0                  0          0                 0             0
FOREIGN TRANSACTIONS-(GAIN)/LOSS                                  0            (49,342)         0                 0             0
AMORT OF DISCOUNT ON NPV OF LIABILITIES                           0                  0          0                 0             0
(GAIN)/LOSS SALE-LEASEBACK TRANSACTION                            0                  0          0                 0             0
                                                                ---        -----------       ----       -----------       -------
   INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES          0        (15,132,375)        (0)      (17,082,943)      (17,930)
FEDERAL INCOME TAX                                                0                  0          0                 0             0
STATE INCOME TAX                                                  0                  0          0                 0             0
FOREIGN INCOME TAX                                                0                  0          0                 0             0
OTHER INCOME TAX                                                  0                  0          0                 0             0
                                                                ---        -----------       ----       -----------       -------
      INCOME FROM CONTINUING OPERATIONS                           0        (15,132,375)        (0)      (17,082,943)      (17,930)
DISCONTINUED OPERATIONS (GAIN)/LOSS                               0                  0          0                 0             0
GAIN/LOSS ON SALE OF DIVISIONS                                    0                  0          0                 0             0
EXTRAORDINARY ITEMS                                               0                  0          0                 0             0
INTEGRATION                                                       0                  0          0                 0             0
                                                                ---        -----------       ----       -----------       -------
            NET INCOME                                            0        (15,132,375)        (0)      (17,082,943)      (17,930)
                                                                ===        ===========       ====       ===========       =======
</TABLE>


                                  Page 12 of 31
<PAGE>

                           COLLINS AIKMAN CORPORATION
                                INCOME STATEMENT
                         MAY 17, 2005 - MARCH 31, 2006

<TABLE>
<CAPTION>
                                                          COLLINS & AIKMAN      WICKES       COLLINS &      COLLINS &      COMET
                                                             AUTOMOTIVE     MANUFACTURING      AIKMAN        AIKMAN     ACOUSTICS,
                                                            (ARGENTINA),       COMPANY       INTERIORS,   EUROPE, INC.     INC.
                                                            INC. 05-55965      05-55968    INC. 05-55970    05-55971     05-55972
                                                          ----------------  -------------  -------------  ------------  ----------
<S>                                                       <C>               <C>            <C>            <C>           <C>
NET OUTSIDE SALES                                                   0                 0          0              0              0
I/C NET SALES                                                       0                 0          0              0              0
                                                               ------        ----------        ---            ---        -------
            TOTAL SALES                                             0                 0          0              0              0
COST OF SALES                                                       0                 0          0              0              0
                                                               ------        ----------        ---            ---        -------
            GROSS PROFIT                                            0                 0          0              0              0
SELLING, GENERAL & ADMINISTRATIVE EXPENSES                      5,442         2,228,246          0              0        (33,743)
                                                               ------        ----------        ---            ---        -------
         OPERATING INCOME                                      (5,442)       (2,228,246)         0              0         33,743
INTEREST EXPENSE, NET                                            (377)                0          0              0              0
INTERCOMPANY INTEREST, NET                                          0                 0          0              0              0
PREFERRED STOCK ACCRETION                                           0                 0          0              0              0
MISCELLANEOUS (INCOME)/EXPENSE                                      0                 0          0              0              0
CORPORATE ALLOCATION ADJUSTMENT                                     0                 0          0              0              0
COMMISSION INCOME                                                   0                 0          0              0              0
COMMISSION EXPENSE                                                  0                 0          0              0              0
ROYALTY INCOME                                                      0                 0          0              0              0
ROYALTY EXPENSE                                                     0                 0          0              0              0
INCOME FROM INVEST IN JV                                            0                 0          0              0              0
MINORITY INTEREST IN CONS NET INCOME                                0                 0          0              0              0
DIVIDEND INCOME                                                     0                 0          0              0              0
DISCOUNT/INCOME FOR CARCORP                                         0                 0          0              0              0
GAIN/(LOSS) EARLY EXTINGUISHMENT OF DEBT                            0                 0          0              0              0
DISCOUNT/PREMIUM ON HEDGES                                          0                 0          0              0              0
(GAIN)/LOSS ON HEDGES                                               0                 0          0              0              0
(GAIN)/LOSS ON SWAPS                                                0                 0          0              0              0
NAAIS INTERCOMPANY SALES PROFIT                                     0                 0          0              0              0
LOSS ON SALE OF RECEIVABLES                                         0                 0          0              0              0
RESTRUCTURING PROVISION                                             0                 0          0              0              0
FOREIGN TRANSACTIONS-(GAIN)/LOSS                                2,107                 0          0              0              0
AMORT OF DISCOUNT ON NPV OF LIABILITIES                             0                 0          0              0              0
(GAIN)/LOSS SALE-LEASEBACK TRANSACTION                              0                 0          0              0              0
                                                               ------        ----------        ---            ---        -------
   INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES       (7,172)       (2,228,246)         0              0         33,743
FEDERAL INCOME TAX                                                  0                 0          0              0              0
STATE INCOME TAX                                                    0                 0          0              0              0
FOREIGN INCOME TAX                                                  0                 0          0              0              0
OTHER INCOME TAX                                                    0                 0          0              0              0
                                                               ------        ----------        ---            ---        -------
      INCOME FROM CONTINUING OPERATIONS                        (7,172)       (2,228,246)         0              0         33,743
DISCONTINUED OPERATIONS (GAIN)/LOSS                                 0        (7,783,260)         0              0              0
GAIN/LOSS ON SALE OF DIVISIONS                                      0                 0          0              0              0
EXTRAORDINARY ITEMS                                                 0                 0          0              0              0
INTEGRATION                                                         0                 0          0              0              0
                                                               ------        ----------        ---            ---        -------
            NET INCOME                                         (7,172)        5,555,013          0              0         33,743
                                                               ======        ==========        ===            ===        =======
</TABLE>


                                 Page 13 of 31

<PAGE>

                           COLLINS AIKMAN CORPORATION
                                INCOME STATEMENT
                         MAY 17, 2005 - MARCH 31, 2006

<TABLE>
<CAPTION>
                                                                                                     COLLINS & AIKMAN
                                                             GAMBLE      COLLINS &                      AUTOMOTIVE
                                                          DEVELOPMENT     AIKMAN      BECKER GROUP,      OVERSEAS      CW MANAGEMENT
                                                            COMPANY     INTELLIMOLD,      L.L.C.        INVESTMENT      CORPORATION
                                                            05-55974   INC. 05-55976     05-55977      INC. 05-55978      05-55979
                                                          -----------  -------------  -------------  ----------------  -------------
<S>                                                       <C>          <C>            <C>            <C>               <C>
NET OUTSIDE SALES                                               0             0         80,940,325           0                0
I/C NET SALES                                                   0             0        (15,340,082)          0                0
                                                              ---           ---        -----------         ---              ---
            TOTAL SALES                                         0             0         65,600,243           0                0
COST OF SALES                                                   0             0         71,276,902           0                0
                                                              ---           ---        -----------         ---              ---
            GROSS PROFIT                                        0             0         (5,676,659)          0                0
SELLING, GENERAL & ADMINISTRATIVE EXPENSES                      0             0            157,123           0                0
                                                              ---           ---        -----------         ---              ---
         OPERATING INCOME                                       0             0         (5,833,782)          0                0
INTEREST EXPENSE, NET                                           0             0            (84,955)          0                0
INTERCOMPANY INTEREST, NET                                      0             0             82,791           0                0
PREFERRED STOCK ACCRETION                                       0             0                  0           0                0
MISCELLANEOUS (INCOME)/EXPENSE                                  0             0                  0           0                0
CORPORATE ALLOCATION ADJUSTMENT                                 0             0          5,161,646           0                0
COMMISSION INCOME                                               0             0                  0           0                0
COMMISSION EXPENSE                                              0             0                  0           0                0
ROYALTY INCOME                                                  0             0                  0           0                0
ROYALTY EXPENSE                                                 0             0                  0           0                0
INCOME FROM INVEST IN JV                                        0             0            177,794           0                0
MINORITY INTEREST IN CONS NET INCOME                            0             0                  0           0                0
DIVIDEND INCOME                                                 0             0                  0           0                0
DISCOUNT/INCOME FOR CARCORP                                     0             0                  0           0                0
GAIN/(LOSS) EARLY EXTINGUISHMENT OF DEBT                        0             0                  0           0                0
DISCOUNT/PREMIUM ON HEDGES                                      0             0                  0           0                0
(GAIN)/LOSS ON HEDGES                                           0             0                  0           0                0
(GAIN)/LOSS ON SWAPS                                            0             0                  0           0                0
NAAIS INTERCOMPANY SALES PROFIT                                 0             0                  0           0                0
LOSS ON SALE OF RECEIVABLES                                     0             0                  0           0                0
RESTRUCTURING PROVISION                                         0             0                  0           0                0
FOREIGN TRANSACTIONS-(GAIN)/LOSS                                0             0            (13,433)          0                0
AMORT OF DISCOUNT ON NPV OF LIABILITIES                         0             0                  0           0                0
(GAIN)/LOSS SALE-LEASEBACK TRANSACTION                          0             0                  0           0                0
                                                              ---           ---        -----------         ---              ---
   INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES        0             0        (11,157,625)          0                0
FEDERAL INCOME TAX                                              0             0                  0           0                0
STATE INCOME TAX                                                0             0                  0           0                0
FOREIGN INCOME TAX                                              0             0                  0           0                0
OTHER INCOME TAX                                                0             0                  0           0                0
                                                              ---           ---        -----------         ---              ---
      INCOME FROM CONTINUING OPERATIONS                         0             0        (11,157,625)          0                0
DISCONTINUED OPERATIONS (GAIN)/LOSS                             0             0                  0           0                0
GAIN/LOSS ON SALE OF DIVISIONS                                  0             0                  0           0                0
EXTRAORDINARY ITEMS                                             0             0                  0           0                0
INTEGRATION                                                     0             0                  0           0                0
                                                              ---           ---        -----------         ---              ---
            NET INCOME                                          0             0        (11,157,625)          0                0
                                                              ===           ===        ===========         ===              ===
</TABLE>


                                 Page 14 of 31

<PAGE>

                          COLLINS & AIKMAN CORPORATION
                                INCOME STATEMENT
                         MAY 17, 2005 - MARCH 31, 2006

<TABLE>
<CAPTION>
                                                                                                  COLLINS & AIKMAN
                                            COLLINS & AIKMAN  COLLINS & AIKMAN  COLLINS & AIKMAN     AUTOMOTIVE     COLLINS & AIKMAN
                                               AUTOMOTIVE         CARPET &          CARPET &       INTERNATIONAL       (GIBRALTAR)
                                             INTERNATIONAL,    ACCOUSTIC (TN),   ACCOUSTIC (MI),      SERVICES,          LIMITED
                                              INC. 05-55980     INC. 05-55984     INC. 05-55982     INC. 05-55985       05-55989
                                            ----------------  ----------------  ----------------  ----------------  ----------------
<S>                                         <C>               <C>               <C>               <C>               <C>
NET OUTSIDE SALES                                    0           51,837,682               0                  0                0
I/C NET SALES                                        0              522,097               0                  0                0
                                                   ---           ----------         -------           --------          -------
            TOTAL SALES                              0           52,359,779               0                  0                0
COST OF SALES                                        0           51,396,881          25,000             20,046                3
                                                   ---           ----------         -------           --------          -------
            GROSS PROFIT                             0              962,898         (25,000)           (20,046)              (3)
SELLING, GENERAL & ADMINISTRATIVE EXPENSES           0               14,836               0                  0           33,714
                                                   ---           ----------         -------           --------          -------
         OPERATING INCOME                            0              948,062         (25,000)           (20,046)         (33,717)
INTEREST EXPENSE, NET                                0                    0               0                  0               (6)
INTERCOMPANY INTEREST, NET                           0               82,958               0                  0                0
PREFERRED STOCK ACCRETION                            0                    0               0                  0                0
MISCELLANEOUS (INCOME)/EXPENSE                       0                    0               0                  0                0
CORPORATE ALLOCATION ADJUSTMENT                      0            1,373,163               0                  0                0
COMMISSION INCOME                                    0                    0               0                  0                0
COMMISSION EXPENSE                                   0                    0               0                  0                0
ROYALTY INCOME                                       0                    0               0                  0                0
ROYALTY EXPENSE                                      0                    0               0                  0                0
INCOME FROM INVEST IN JV                             0                    0               0                  0                0
MINORITY INTEREST IN CONS NET INCOME                 0                    0               0                  0                0
DIVIDEND INCOME                                      0                    0               0                  0                0
DISCOUNT/INCOME FOR CARCORP                          0                    0               0                  0                0
GAIN/(LOSS) EARLY EXTINGUISHMENT OF DEBT             0                    0               0                  0                0
DISCOUNT/PREMIUM ON HEDGES                           0                    0               0                  0                0
(GAIN)/LOSS ON HEDGES                                0                    0               0                  0                0
(GAIN)/LOSS ON SWAPS                                 0                    0               0                  0                0
NAAIS INTERCOMPANY SALES PROFIT                      0                    0               0                  0                0
LOSS ON SALE OF RECEIVABLES                          0                    0               0                  0                0
RESTRUCTURING PROVISION                              0                    0               0                  0                0
FOREIGN TRANSACTIONS-(GAIN)/LOSS                     0                    0               0             83,063              578
AMORT OF DISCOUNT ON NPV OF LIABILITIES              0                    0               0                  0                0
(GAIN)/LOSS SALE-LEASEBACK TRANSACTION               0                    0               0                  0                0
                                                   ---           ----------         -------           --------          -------
   INCOME FROM CONTINUING OPERATIONS
      BEFORE INCOME TAXES                            0             (508,059)        (25,000)          (103,109)         (34,289)
FEDERAL INCOME TAX                                   0                    0               0                  0                0
STATE INCOME TAX                                     0                    0               0                  0                0
FOREIGN INCOME TAX                                   0                    0               0                  0                0
OTHER INCOME TAX                                     0                    0               0                  0                0
                                                   ---           ----------         -------           --------          -------
      INCOME FROM CONTINUING OPERATIONS              0             (508,059)        (25,000)          (103,109)         (34,289)
DISCONTINUED OPERATIONS (GAIN)/LOSS                  0                    0               0                  0                0
GAIN/LOSS ON SALE OF DIVISIONS                       0                    0               0                  0                0
EXTRAORDINARY ITEMS                                  0                    0               0                  0                0
INTEGRATION                                          0                    0               0                  0                0
                                                   ---           ----------         -------           --------          -------
            NET INCOME                               0             (508,059)        (25,000)          (103,109)         (34,289)
                                                   ---           ----------         -------           --------          -------
</TABLE>


                                 Page 15 of 31
<PAGE>

                           COLLINS AIKMAN CORPORATION
                                INCOME STATEMENT
                         MAY 17, 2005 - MARCH 31, 2006

<TABLE>
<CAPTION>
                                             COLLINS & AIKMAN     NEW BALTIMORE     COLLINS & AIKMAN        COLLINS & AIKMAN
                                            AUTOMOTIVE (ASIA),  HOLDINGS, L.L.C.  AUTOMOTIVE SERVICES,  AUTOMOTIVE MATS, L.L.C.
                                               INC. 05-55991        05-55992         L.L.C. 05-55981            05-55969
                                            ------------------  ----------------  --------------------  -----------------------
<S>                                         <C>                 <C>               <C>                   <C>
NET OUTSIDE SALES                                       0                  0                 0                      0
I/C NET SALES                                           0              1,592                 0                      0
                                                 --------           --------               ---                    ---
            TOTAL SALES                                 0              1,592                 0                      0
COST OF SALES                                           0            153,025                 0                      0
                                                 --------           --------               ---                    ---
            GROSS PROFIT                                0           (151,433)                0                      0
SELLING, GENERAL & ADMINISTRATIVE EXPENSES        735,770                  0                 0                      0
                                                 --------           --------               ---                    ---
         OPERATING INCOME                        (735,770)          (151,433)                0                      0
INTEREST EXPENSE, NET                                   0                  0                 0                      0
INTERCOMPANY INTEREST, NET                              0                  0                 0                      0
PREFERRED STOCK ACCRETION                               0                  0                 0                      0
MISCELLANEOUS (INCOME)/EXPENSE                          0                  0                 0                      0
CORPORATE ALLOCATION ADJUSTMENT                         0                  0                 0                      0
COMMISSION INCOME                                       0                  0                 0                      0
COMMISSION EXPENSE                                      0                  0                 0                      0
ROYALTY INCOME                                          0                  0                 0                      0
ROYALTY EXPENSE                                         0                  0                 0                      0
INCOME FROM INVEST IN JV                                0                  0                 0                      0
MINORITY INTEREST IN CONS NET INCOME                    0                  0                 0                      0
DIVIDEND INCOME                                         0                  0                 0                      0
DISCOUNT/INCOME FOR CARCORP                             0                  0                 0                      0
GAIN/(LOSS) EARLY EXTINGUISHMENT OF DEBT                0                  0                 0                      0
DISCOUNT/PREMIUM ON HEDGES                              0                  0                 0                      0
(GAIN)/LOSS ON HEDGES                                   0                  0                 0                      0
(GAIN)/LOSS ON SWAPS                                    0                  0                 0                      0
NAAIS INTERCOMPANY SALES PROFIT                         0                  0                 0                      0
LOSS ON SALE OF RECEIVABLES                             0                  0                 0                      0
RESTRUCTURING PROVISION                                 0                  0                 0                      0
FOREIGN TRANSACTIONS-(GAIN)/LOSS                    2,241                  0                 0                      0
AMORT OF DISCOUNT ON NPV OF LIABILITIES                 0                  0                 0                      0
(GAIN)/LOSS SALE-LEASEBACK TRANSACTION                  0                  0                 0                      0
                                                 --------           --------               ---                    ---
   INCOME FROM CONTINUING OPERATIONS
      BEFORE INCOME TAXES                        (738,010)          (151,433)                0                      0
FEDERAL INCOME TAX                                      0                  0                 0                      0
STATE INCOME TAX                                        0                  0                 0                      0
FOREIGN INCOME TAX                                      0                  0                 0                      0
OTHER INCOME TAX                                        0                  0                 0                      0
                                                 --------           --------               ---                    ---
      INCOME FROM CONTINUING OPERATIONS          (738,010)          (151,433)                0                      0
DISCONTINUED OPERATIONS (GAIN)/LOSS                     0                  0                 0                      0
GAIN/LOSS ON SALE OF DIVISIONS                          0                  0                 0                      0
EXTRAORDINARY ITEMS                                     0                  0                 0                      0
INTEGRATION                                             0                  0                 0                      0
                                                 --------           --------               ---                    ---
            NET INCOME                           (738,010)          (151,433)                0                      0
                                                 ========           ========               ===                    ===
</TABLE>


                                  Page 16 of 31

<PAGE>

                           COLLINS AIKMAN CORPORATION
                                BALANCE SHEET
                             AS OF - MARCH 31, 2006

<TABLE>
<CAPTION>
                                                                    COLLINS &
                                                                      AIKMAN
                                                                      CANADA                                       DURA
                                                      COLLINS &      DOMESTIC      COLLINS &         JPS       CONVERTIBLE
                                                       AIKMAN        HOLDING         AIKMAN      AUTOMOTIVE,     SYSTEMS,
                                                     CORPORATION     COMPANY      PRODUCTS CO.       INC.          INC.
                                         TOTAL         05-55927      05-55930       05-55932       05-55935      05-55942
                                     -------------   -----------   -----------   -------------   -----------   -----------
<S>                                  <C>             <C>           <C>           <C>             <C>           <C>
CASH                                    87,663,195             0             0      86,974,140        20,323        3,000
ACCOUNTS RECEIVABLE-TRADE, NET         133,540,723             0             0    (132,240,912)   29,136,998   10,735,378
OTHER NON-TRADE RECEIVABLES              7,115,068             0             0       3,135,143             0       21,579
INVENTORIES, NET                       103,573,789             0             0      15,490,623    13,336,546    7,799,721
TOOLING AND MOLDING, NET-CURRENT        66,368,361             0             0       7,035,319             0     (671,658)
PREPAIDS & OTHER CURRENT ASSETS         69,324,185             0             0      29,803,590    14,714,097    4,383,234
DEFERRED TAX ASSETS-CURRENT                (87,825)            0             0      (1,224,646)      130,000            0
                                     -------------   -----------   -----------   -------------   -----------   ----------
      TOTAL CURRENT ASSETS             467,497,497             0             0       8,973,257    57,337,963   22,271,253
INVESTMENTS IN SUBSIDIARIES          2,534,708,519    83,367,715    97,290,718   1,683,436,352             0            0
FIXED ASSETS, NET                      325,500,004             0             0      41,600,787    51,932,747    4,084,340
GOODWILL, NET                          978,554,071             0             0     167,961,702    15,120,048    3,067,744
DEFERRED TAX ASSETS-LONG TERM           25,938,826             0             0      29,975,226             0            0
TOOLING AND MOLDING, NET-LONG TERM       7,283,077             0             0       1,238,752     1,371,836            0
OTHER NONCURRENT ASSETS                 91,790,663             0             0      68,658,444      (738,095)      21,607
INTERCOMPANY ACCOUNTS - NET            160,191,916             0             0     176,446,631     5,728,427   (4,222,767)
PRE-PETITION INTERCOMPANY - NET        666,919,114   206,452,371   289,860,859     586,425,255    95,573,925   14,079,483
                                     -------------   -----------   -----------   -------------   -----------   ----------
         TOTAL ASSETS                5,258,383,687   289,820,086   387,151,577   2,764,716,406   226,326,851   39,301,660
                                     =============   ===========   ===========   =============   ===========   ==========
NOTES PAYABLE                                    0             0             0               0             0            0
SHORT TERM BORROWINGS                            0             0             0               0             0            0
ADVANCE ON RECEIVABLES                           0             0             0               0             0            0
CURRENT PORTION-LONG TERM DEBT         245,914,130             0             0     245,914,130             0            0
CURRENT PORTION-CAPITAL LEASES                   0             0             0               0             0            0
ACCOUNTS PAYABLE                        35,562,918             0             0       7,852,349     6,594,082    1,876,129
ACCRUED INTEREST PAYABLE                 7,571,506             0             0       7,571,506             0            0
ACCRUED & OTHER LIABILITIES             88,632,579             0             0      75,652,944     4,262,354    1,158,171
INCOME TAXES PAYABLE                    (4,880,504)            0             0      (4,899,360)            0            0
                                     -------------   -----------   -----------   -------------   -----------   ----------
   TOTAL CURRENT LIABILITIES           372,800,629             0             0     332,091,569    10,856,436    3,034,300
LIABILITIES SUBJECT TO COMPROMISE    2,388,453,060             0             0   2,154,681,369    25,448,067   11,951,435
                                     -------------   -----------   -----------   -------------   -----------   ----------
      TOTAL LIABILITIES              2,761,253,690             0             0   2,486,772,937    36,304,504   14,985,735
                                     -------------   -----------   -----------   -------------   -----------   ----------
         TOTAL EQUITY                2,497,129,998   289,820,086   387,151,577     277,943,468   190,022,347   24,315,924
                                     -------------   -----------   -----------   -------------   -----------   ----------
   TOTAL LIABILITIES & EQUITY        5,258,383,687   289,820,086   387,151,577   2,764,716,406   226,326,851   39,301,660
                                     =============   ===========   ===========   =============   ===========   ==========
</TABLE>


                                  Page 17 of 31

<PAGE>

                           COLLINS AIKMAN CORPORATION
                                BALANCE SHEET
                             AS OF - MARCH 31, 2006

<TABLE>
<CAPTION>
                                      COLLINS &        OWOSSO                                     COLLINS &      COLLINS &
                                        AIKMAN        THERMAL      SOUTHWEST         AMCO           AIKMAN        AIKMAN
                                     DEVELOPMENT     FORMING,     LAMINATES,     CONVERTIBLE    INTERNATIONAL    ACCESSORY
                                       COMPANY        L.L.C..        INC.       FABRICS, INC.    CORPORATION    MATS, INC.
                                       05-55943      05-55946      05-55948        05-55949        05-55951      05-55952
                                     -----------   -----------   ------------   -------------   -------------   ----------
<S>                                  <C>           <C>           <C>            <C>             <C>             <C>
CASH                                          0             0          1,000               0          3,588        402,436
ACCOUNTS RECEIVABLE-TRADE, NET                0       954,212     11,230,972               0              0     10,122,044
OTHER NON-TRADE RECEIVABLES                   0             0              0          95,400              0         68,332
INVENTORIES, NET                              0       624,862      2,845,524       3,539,737              0      3,114,194
TOOLING AND MOLDING, NET-CURRENT              0             0              0               0              0      2,094,718
PREPAIDS & OTHER CURRENT ASSETS               0       104,674         65,894       1,360,424            442      1,413,607
DEFERRED TAX ASSETS-CURRENT                   0             0         91,421               0              0              0
                                     ----------    ----------     ----------      ----------    -----------     ----------
      TOTAL CURRENT ASSETS                    0     1,683,747     14,234,811       4,995,560          4,030     17,215,330
INVESTMENTS IN SUBSIDIARIES                   0             0              0               0    164,130,994              0
FIXED ASSETS, NET                             0     3,547,175      1,981,160               0              0     13,571,800
GOODWILL, NET                        15,000,000             0     12,747,886               0              0              0
DEFERRED TAX ASSETS-LONG TERM                 0             0              0               0              0              0
TOOLING AND MOLDING, NET-LONG TERM            0        26,140              0               0              0       (176,560)
OTHER NONCURRENT ASSETS                       0             0              0               0              0        663,404
INTERCOMPANY ACCOUNTS - NET                   0      (870,414)     8,209,845       6,938,765        (14,800)     9,774,406
PRE-PETITION INTERCOMPANY - NET            (133)   (7,148,028)   (21,760,689)     11,914,486    148,997,775      9,831,277
                                     ----------    ----------     ----------      ----------    -----------     ----------
         TOTAL ASSETS                14,999,867    (2,761,380)    15,413,013      23,848,812    313,117,999     50,879,657
                                     ==========    ==========     ==========      ==========    ===========     ==========
NOTES PAYABLE                                 0             0              0               0              0              0
SHORT TERM BORROWINGS                         0             0              0               0              0              0
ADVANCE ON RECEIVABLES                        0             0              0               0              0              0
CURRENT PORTION-LONG TERM DEBT                0             0              0               0              0              0
CURRENT PORTION-CAPITAL LEASES                0             0              0               0              0              0
ACCOUNTS PAYABLE                              0       (50,669)       487,415         237,573              0        625,631
ACCRUED INTEREST PAYABLE                      0             0              0               0              0              0
ACCRUED & OTHER LIABILITIES                   0       115,593        503,884       1,480,220              0      4,109,450
INCOME TAXES PAYABLE                          0             0              0               0              0              0
                                     ----------    ----------     ----------      ----------    -----------     ----------
   TOTAL CURRENT LIABILITIES                  0        64,924        991,299       1,717,793              0      4,735,082
LIABILITIES SUBJECT TO COMPROMISE             0     1,656,744      1,089,019       1,486,179              0      9,210,868
                                     ----------    ----------     ----------      ----------    -----------     ----------
      TOTAL LIABILITIES                       0     1,721,669      2,080,317       3,203,972              0     13,945,949
                                     ----------    ----------     ----------      ----------    -----------     ----------
         TOTAL EQUITY                14,999,867    (4,483,049)    13,332,696      20,644,840    313,117,999     36,933,708
                                     ----------    ----------     ----------      ----------    -----------     ----------
   TOTAL LIABILITIES & EQUITY        14,999,867    (2,761,380)    15,413,013      23,848,812    313,117,999     50,879,657
                                     ==========    ==========     ==========      ==========    ===========     ==========
</TABLE>


                                  Page 18 of 31
<PAGE>

                           COLLINS AIKMAN CORPORATION
                                BALANCE SHEET
                             AS OF - MARCH 31, 2006

<TABLE>
<CAPTION>
                                       COLLINS &                       COLLINS &       Collins &
                                         AIKMAN                          AIKMAN          AIKMAN        COLLINS &
                                       AUTOMOTIVE         BRUT         AUTOMOTIVE        ASSET           AIKMAN      WICKES ASSET
                                       INTERIORS,      PLASTICS,       EXTERIORS,      SERVICES,       PLASTICS,      MANAGEMENT,
                                     INC. 05-55956   INC. 05-55957   INC. 05-55958   INC. 05-55959   INC. 05-55960   INC. 05-55962
                                     -------------   -------------   -------------   -------------   -------------   -------------
<S>                                  <C>             <C>             <C>             <C>             <C>             <C>
CASH                                       21,500           0              18,746               0           1,000              0
ACCOUNTS RECEIVABLE-TRADE, NET         42,706,037           0          38,542,345               0      92,525,774              0
OTHER NON-TRADE RECEIVABLES                     0           0           1,711,107               0       1,650,782         28,581
INVENTORIES, NET                       19,494,466           0          12,580,238               0       1,616,746              0
TOOLING AND MOLDING, NET-CURRENT                0           0             111,027               0      41,301,266              0
PREPAIDS & OTHER CURRENT ASSETS         9,039,669           0           3,245,608               0         454,280          2,100
DEFERRED TAX ASSETS-CURRENT                     0           0                   0               0               0              0
                                     ------------         ---         -----------     -----------    ------------     ----------
   TOTAL CURRENT ASSETS                71,261,672           0          56,209,070               0     137,549,847         30,681
INVESTMENTS IN SUBSIDIARIES                     0           0                   0     (17,789,881)     81,550,000              0
FIXED ASSETS, NET                      79,170,460           0          60,674,968               0       6,812,265         23,365
GOODWILL, NET                         139,898,759           0         189,072,932               0     116,820,923              0
DEFERRED TAX ASSETS-LONG TERM                   0           0                   0               0               0              0
TOOLING AND MOLDING, NET-LONG TERM      4,579,134           0              54,430               0          51,299              0
OTHER NONCURRENT ASSETS                19,646,665           0          (3,956,246)              0           6,640              0
INTERCOMPANY ACCOUNTS - NET           (21,866,775)          0         (13,390,862)              0     (12,435,828)         5,532
PRE-PETITION INTERCOMPANY - NET      (156,258,859)          0         (39,947,489)       (126,097)   (180,362,645)    13,761,953
                                     ------------         ---         -----------     -----------    ------------     ----------
      TOTAL ASSETS                    136,431,056           0         248,716,804     (17,915,978)    149,992,502     13,821,532
                                     ============         ===         ===========     ===========    ============     ==========
NOTES PAYABLE                                   0           0                   0               0               0              0
SHORT TERM BORROWINGS                           0           0                   0               0               0              0
ADVANCE ON RECEIVABLES                          0           0                   0               0               0              0
CURRENT PORTION-LONG TERM DEBT                  0           0                   0               0               0              0
CURRENT PORTION-CAPITAL LEASES                  0           0                   0               0               0              0
ACCOUNTS PAYABLE                        2,785,398           0          10,114,389               0         227,839            (14)
ACCRUED INTEREST PAYABLE                        0           0                   0               0               0              0
ACCRUED & OTHER LIABILITIES             3,001,100           0           4,686,156               0        (226,265)           544
INCOME TAXES PAYABLE                            0           0                   0               0               0              0
                                     ------------         ---         -----------     -----------    ------------     ----------
   TOTAL CURRENT LIABILITIES            5,786,497           0          14,800,545               0           1,574            530
LIABILITIES SUBJECT TO COMPROMISE      61,283,289           0          26,128,415               0      64,509,574     (7,844,704)
                                     ------------         ---         -----------     -----------    ------------     ----------
      TOTAL LIABILITIES                67,069,787           0          40,928,960               0      64,511,148     (7,844,175)
                                     ------------         ---         -----------     -----------    ------------     ----------
         TOTAL EQUITY                  69,361,270           0         207,787,843     (17,915,978)     85,481,353     21,665,706
                                     ------------         ---         -----------     -----------    ------------     ----------
   TOTAL LIABILITIES & EQUITY         136,431,056           0         248,716,804     (17,915,978)    149,992,502     13,821,532
                                     ============         ===         ===========     ===========    ============     ==========
</TABLE>


                                 Page 19 of 31

<PAGE>

                           COLLINS AIKMAN CORPORATION
                                BALANCE SHEET
                             AS OF - MARCH 31, 2006

<TABLE>
<CAPTION>
                                                                       COLLINS &
                                       COLLINS &       COLLINS &         AIKMAN         WICKES         COLLINS &       COLLINS &
                                         AIKMAN          AIKMAN        AUTOMOTIVE    MANUFACTURING       AIKMAN          AIKMAN
                                        FABRICS,      PROPERTIES,     (ARGENTINA)       COMPANY        INTERIORS,       EUROPE,
                                     INC. 05-55963   INC. 05-55964   INC. 05-55965      05-55968     INC. 05-55970   INC. 05-55971
                                     -------------   -------------   -------------   -------------   -------------   -------------
<S>                                  <C>             <C>             <C>             <C>             <C>             <C>
CASH                                       12,222           1,660         5,606                 0               0               0
ACCOUNTS RECEIVABLE-TRADE, NET          8,439,877               0          (388)                0               0               0
OTHER NON-TRADE RECEIVABLES               133,084               0        20,338                 0               0               0
INVENTORIES, NET                       16,274,656               0             0                 0               0               0
TOOLING AND MOLDING, NET-CURRENT                0               0             0                 0               0               0
PREPAIDS & OTHER CURRENT ASSETS         3,538,895               0        26,833                 0               0               0
DEFERRED TAX ASSETS-CURRENT               915,400               0             0                 0               0               0
                                     ------------     -----------       -------       -----------    ------------     -----------
   TOTAL CURRENT ASSETS                29,314,134           1,660        52,389                 0               0               0
INVESTMENTS IN SUBSIDIARIES                     0               0             0                 0     200,858,103     120,915,758
FIXED ASSETS, NET                      34,328,282               0             0                 0               0               0
GOODWILL, NET                         192,724,235               0       203,000                 0               0               0
DEFERRED TAX ASSETS-LONG TERM          (4,036,400)              0             0                 0               0               0
TOOLING AND MOLDING, NET-LONG TERM              0               0             0                 0               0               0
OTHER NONCURRENT ASSETS                 5,266,447         111,252             0                 0               0               0
INTERCOMPANY ACCOUNTS - NET             2,724,924         (18,900)            0          (219,102)              0               0
PRE-PETITION INTERCOMPANY - NET      (154,933,367)    157,073,380             0        (8,886,028)   (145,234,274)     (1,135,736)
                                     ------------     -----------       -------       -----------    ------------     -----------
      TOTAL ASSETS                    105,388,254     157,167,391       255,389        (9,105,130)     55,623,829     119,780,021
                                     ============     ===========       =======       ===========    ============     ===========
NOTES PAYABLE                                   0               0             0                 0               0               0
SHORT TERM BORROWINGS                           0               0             0                 0               0               0
ADVANCE ON RECEIVABLES                          0               0             0                 0               0               0
CURRENT PORTION-LONG TERM DEBT                  0               0             0                 0               0               0
CURRENT PORTION-CAPITAL LEASES                  0               0             0                 0               0               0
ACCOUNTS PAYABLE                        1,687,351               0             0                 0               0               0
ACCRUED INTEREST PAYABLE                        0               0             0                 0               0               0
ACCRUED & OTHER LIABILITIES             3,422,372               0         8,597       (11,582,534)              0               0
INCOME TAXES PAYABLE                            0               0             0                 0               0               0
                                     ------------     -----------       -------       -----------    ------------     -----------
   TOTAL CURRENT LIABILITIES            5,109,722               0         8,597       (11,582,534)              0               0
LIABILITIES SUBJECT TO COMPROMISE      20,889,236               0       179,471        (1,453,440)              0               0
                                     ------------     -----------       -------       -----------    ------------     -----------
      TOTAL LIABILITIES                25,998,958               0       188,068       (13,035,974)              0               0
                                     ------------     -----------       -------       -----------    ------------     -----------
         TOTAL EQUITY                  79,389,296     157,167,391        67,321         3,930,844      55,623,829     119,780,021
                                     ------------     -----------       -------       -----------    ------------     -----------
   TOTAL LIABILITIES & EQUITY         105,388,254     157,167,391       255,389        (9,105,130)     55,623,829     119,780,021
                                     ============     ===========       =======       ===========    ============     ===========
</TABLE>


                                 Page 20 of 31

<PAGE>

                           COLLINS AIKMAN CORPORATION
                                BALANCE SHEET
                             AS OF - MARCH 31, 2006

<TABLE>
<CAPTION>
                                                                                                       COLLINS &
                                                                                                         AIKMAN
                                                         GAMBLE        COLLINS &                       AUTOMOTIVE
                                         COMET        DEVELOPMENT        AIKMAN      BECKER GROUP,      OVERSEAS     CW MANAGEMENT
                                       ACOUSTICS,       COMPANY       INTELLIMOLD,      L.L.C..        INVESTMENT      CORPORATION
                                     INC. 05-55972      05-55974     INC. 05-55976      05-55977     INC. 05-55978      05-55979
                                     -------------   -------------   -------------   -------------   -------------   -------------
<S>                                  <C>             <C>             <C>             <C>             <C>             <C>
CASH                                          0                0               0            3,359           0                  0
ACCOUNTS RECEIVABLE-TRADE, NET         (154,243)               0         315,966       16,165,364           0                  0
OTHER NON-TRADE RECEIVABLES                   0                0               0          209,313           0                  0
INVENTORIES, NET                              0                0               0        5,018,330           0                  0
TOOLING AND MOLDING, NET-CURRENT              0                0               0       16,420,416           0                  0
PREPAIDS & OTHER CURRENT ASSETS               0                0          81,905          520,833           0              2,500
DEFERRED TAX ASSETS-CURRENT                   0                0               0                0           0                  0
                                       --------       ----------      ----------     ------------         ---          ---------
   TOTAL CURRENT ASSETS                (154,243)               0         397,871       38,337,616           0              2,500
INVESTMENTS IN SUBSIDIARIES                   0                0               0                0           0                  0
FIXED ASSETS, NET                             0                0         112,489       20,608,542           0                  0
GOODWILL, NET                                 0                0      (5,463,632)     132,589,075           0                  0
DEFERRED TAX ASSETS-LONG TERM                 0                0               0                0           0                  0
TOOLING AND MOLDING, NET-LONG TERM            0                0               0           65,382           0                  0
OTHER NONCURRENT ASSETS                       0                0               0        2,043,671           0                  0
INTERCOMPANY ACCOUNTS - NET             154,243                0               0        4,020,152           0           (696,923)
PRE-PETITION INTERCOMPANY - NET            (510)      (1,842,290)      2,040,762     (154,246,462)          0          2,391,015
                                       --------       ----------      ----------     ------------         ---          ---------
      TOTAL ASSETS                         (510)      (1,842,290)     (2,912,509)      43,417,976           0          1,696,592
                                       ========       ==========      ==========     ============         ===          =========
NOTES PAYABLE                                 0                0               0                0           0                  0
SHORT TERM BORROWINGS                         0                0               0                0           0                  0
ADVANCE ON RECEIVABLES                        0                0               0                0           0                  0
CURRENT PORTION-LONG TERM DEBT                0                0               0                0           0                  0
CURRENT PORTION-CAPITAL LEASES                0                0               0                0           0                  0
ACCOUNTS PAYABLE                              0                0               0        1,890,978           0                  0
ACCRUED INTEREST PAYABLE                      0                0               0                0           0                  0
ACCRUED & OTHER LIABILITIES                   0              (71)         18,750        1,843,477           0           (696,923)
INCOME TAXES PAYABLE                          0                0               0                0           0                  0
                                       --------       ----------      ----------     ------------         ---          ---------
   TOTAL CURRENT LIABILITIES                  0              (71)         18,750        3,734,455           0           (696,923)
LIABILITIES SUBJECT TO COMPROMISE             0         (561,672)          6,677       13,629,091           0          2,229,499
                                       --------       ----------      ----------     ------------         ---          ---------
      TOTAL LIABILITIES                       0         (561,743)         25,427       17,363,546           0          1,532,576
                                       --------       ----------      ----------     ------------         ---          ---------
         TOTAL EQUITY                      (510)      (1,280,547)     (2,937,937)      26,054,430           0            164,015
                                       --------       ----------      ----------     ------------         ---          ---------
   TOTAL LIABILITIES & EQUITY              (510)      (1,842,290)     (2,912,509)      43,417,976           0          1,696,592
                                       ========       ==========      ==========     ============         ===          =========
</TABLE>


                                 Page 21 of 31
<PAGE>

                           COLLINS AIKMAN CORPORATION
                                  BALANCE SHEET
                             AS OF - MARCH 31, 2006

<TABLE>
<CAPTION>
                                                                                       COLLINS
                                        COLLINS         COLLINS         COLLINS        & AIKMAN      COLLINS       COLLINS
                                       & AIKMAN        & AIKMAN        & AIKMAN       AUTOMOTIVE     & AIKMAN      & AIKMAN
                                      AUTOMOTIVE       CARPET &        CARPET &     INTERNATIONAL  (GIBRALTAR)    AUTOMOTIVE
                                    INTERNATIONAL,  ACOUSTIC (TN),  ACOUSTIC (MI),    SERVICES,      LIMITED       (ASIA),
                                     INC. 05-55980   INC. 05-55984   INC. 05-55982  INC. 05-55985    05-55989   INC. 05-55991
                                    --------------  --------------  --------------  -------------  -----------  -------------
<S>                                 <C>             <C>             <C>             <C>            <C>          <C>
CASH                                        0             62,831               0              0            594      131,189
ACCOUNTS RECEIVABLE-TRADE, NET              0          4,994,397               0              0              0            0
OTHER NON-TRADE RECEIVABLES                 0                598               0              0              0       40,813
INVENTORIES, NET                            0          1,838,147               0              0              0            0
TOOLING AND MOLDING, NET-CURRENT            0             77,273               0              0              0            0
PREPAIDS & OTHER CURRENT ASSETS             0            515,650               0              0              0       49,952
DEFERRED TAX ASSETS-CURRENT                 0                  0               0              0              0            0
                                          ---         ----------       ---------     ----------    -----------   ----------
      TOTAL CURRENT ASSETS                  0          7,488,897               0              0            594      221,954
INVESTMENTS IN SUBSIDIARIES                 0                  0               0              0    120,948,761            0
FIXED ASSETS, NET                           0          6,399,646               0              0              0       60,066
GOODWILL, NET                               0                  0               0     (2,601,844)             0     (635,460)
DEFERRED TAX ASSETS-LONG TERM               0                  0               0              0              0            0
TOOLING AND MOLDING, NET-LONG TERM          0             72,663               0              0              0            0
OTHER NONCURRENT ASSETS                     0             66,874               0              0              0            0
INTERCOMPANY ACCOUNTS - NET                 0            663,482           1,440        (20,046)       (15,566)    (712,517)
PRE-PETITION INTERCOMPANY - NET             0         (1,102,114)      4,192,741        828,520         32,732     (858,651)
                                          ---         ----------       ---------     ----------    -----------   ----------
         TOTAL ASSETS                       0         13,589,449       4,194,181     (1,793,371)   120,966,522   (1,924,609)
                                          ===         ==========       =========     ==========    ===========   ==========
NOTES PAYABLE                               0                  0               0              0              0            0
SHORT TERM BORROWINGS                       0                  0               0              0              0            0
ADVANCE ON RECEIVABLES                      0                  0               0              0              0            0
CURRENT PORTION-LONG TERM DEBT              0                  0               0              0              0            0
CURRENT PORTION-CAPITAL LEASES              0                  0               0              0              0            0
ACCOUNTS PAYABLE                            0          1,165,041               0              0              0            0
ACCRUED INTEREST PAYABLE                    0                  0               0              0              0            0
ACCRUED & Other Liabilities                 0            754,112               0         95,112         17,010        8,526
Income Taxes Payable                        0                  0               0              0         18,853            4
                                          ---         ----------       ---------     ----------    -----------   ----------
      TOTAL CURRENT LIABILITIES             0          1,919,153               0         95,112         35,862        8,530
LIABILITIES SUBJECT TO COMPROMISE           0          3,427,543           8,117              0              0          163
                                          ---         ----------       ---------     ----------    -----------   ----------
         TOTAL LIABILITIES                  0          5,346,695           8,117         95,112         35,862        8,693
                                          ---         ----------       ---------     ----------    -----------   ----------
            TOTAL EQUITY                    0          8,242,754       4,186,064     (1,888,483)   120,930,659   (1,933,302)
                                          ---         ----------       ---------     ----------    -----------   ----------
   TOTAL LIABILITIES & EQUITY               0         13,589,449       4,194,181     (1,793,371)   120,966,522   (1,924,609)
                                          ===         ==========       =========     ==========    ===========   ==========
</TABLE>


                                 Page 22 of 31

<PAGE>

                           COLLINS AIKMAN CORPORATION
                                  BALANCE SHEET
                             AS OF - MARCH 31, 2006

<TABLE>
<CAPTION>
                                       NEW BALTIMORE       COLLINS & AIKMAN     COLLINS & AIKMAN
                                     HOLDINGS, L.L.C..   AUTOMOTIVE SERVICES,   AUTOMOTIVE MATS,
                                         05-55992          L.L.C.. 05-55981     L.L.C.. 05-55969
                                     -----------------   --------------------   ----------------
<S>                                  <C>                 <C>                    <C>
CASH                                             0                  0                    0
ACCOUNTS RECEIVABLE-TRADE, NET              66,903                  0                    0
OTHER NON-TRADE RECEIVABLES                      0                  0                    0
INVENTORIES, NET                                 0                  0                    0
TOOLING AND MOLDING, NET-CURRENT                 0                  0                    0
PREPAIDS & OTHER CURRENT ASSETS                  0                  0                    0
DEFERRED TAX ASSETS-CURRENT                      0                  0                    0
                                        ----------                ---                  ---
      TOTAL CURRENT ASSETS                  66,903                  0                    0
INVESTMENTS IN SUBSIDIARIES                      0                  0                    0
FIXED ASSETS, NET                          591,914                  0                    0
GOODWILL, NET                            2,048,703                  0                    0
DEFERRED TAX ASSETS-LONG TERM                    0                  0                    0
TOOLING AND MOLDING, NET-LONG TERM               0                  0                    0
OTHER NONCURRENT ASSETS                          0                  0                    0
INTERCOMPANY ACCOUNTS - NET                  8,568                  0                    0
PRE-PETITION INTERCOMPANY - NET         (2,694,049)                 0                    0
                                        ----------                ---                  ---
         TOTAL ASSETS                       22,039                  0                    0
                                        ==========                ===                  ===
NOTES PAYABLE                                    0                  0                    0
SHORT TERM BORROWINGS                            0                  0                    0
ADVANCE ON RECEIVABLES                           0                  0                    0
CURRENT PORTION-LONG TERM DEBT                   0                  0                    0
CURRENT PORTION-CAPITAL LEASES                   0                  0                    0
ACCOUNTS PAYABLE                            69,426                  0                    0
ACCRUED INTEREST PAYABLE                         0                  0                    0
ACCRUED & OTHER LIABILITIES                      0                  0                    0
INCOME TAXES PAYABLE                             0                  0                    0
                                        ----------                ---                  ---
      TOTAL CURRENT LIABILITIES             69,426                  0                    0
LIABILITIES SUBJECT TO COMPROMISE          498,121                  0                    0
                                        ----------                ---                  ---
         TOTAL LIABILITIES                 567,547                  0                    0
                                        ----------                ---                  ---
            TOTAL EQUITY                  (545,507)                 0                    0
                                        ----------                ---                  ---
   TOTAL LIABILITIES & EQUITY               22,039                  0                    0
                                        ==========                ===                  ===
</TABLE>


                                 Page 23 of 31

<PAGE>

                           COLLINS AIKMAN CORPORATION
                      LIABILITIES - SUBJECT TO COMPROMISE
                             AS OF - MARCH 31, 2006

<TABLE>
<CAPTION>
                                                                         COLLINS
                                                                        & AIKMAN
                                                                         CANADA
                                                            COLLINS     DOMESTIC      COLLINS
                                                            & AIKMAN     HOLDING      & AIKMAN
                                                          CORPORATION    COMPANY      PRODUCTS     JPS AUTOMOTIVE,
                                              TOTAL         05-55927    05-55930    CO. 05-55932    INC. 05-55935
                                          -------------   -----------   --------   -------------   ---------------
<S>                                       <C>             <C>           <C>        <C>             <C>
A/P - TRADE - PRE PETITION                  225,761,212         0            0        46,513,949     20,775,422
A/P - REC'D - NOT INVOICED PRE PETITION       3,289,484         0            0                 0        399,789
A/P - PRE PETITION OTHER                     (9,008,017)        0            0          (155,713)      (326,264)
A/P - TOOLING                                60,113,113         0            0                 0              0
A/P - CAPITAL                                 1,731,368         0            0                 0        103,885
PP SHORT TERM BORROWINGS                              0         0            0                 0              0
PP ACCRUED LIABILITIES                       70,777,750         0            0        79,710,965        388,515
PP ACCRUED LOCAL PROPERTY TAX                 1,313,042         0            0           193,881        200,708
PP ACCRUED SALES & USE TAX                     (330,071)        0            0          (261,258)        65,364
PP ENVIRONMENTAL RESERVE                     34,213,880         0            0        34,213,880              0
PP DISC OPS RESERVE                                   0         0            0                 0              0
PP RESTRUCTURING RESERVE                     13,512,000         0            0        13,512,000              0
PP LONG TERM DEBT                         1,587,697,736         0            0     1,587,697,736              0
PP CAPITAL LEASES                                21,060         0            0            21,060              0
LONG TERM DEBT                                        0         0            0                 0              0
CAPITAL LEASE OBLIGATIONS-LONG TERM                   0         0            0                 0              0
DEFERRED INCOME TAXES                        20,831,599         0            0        20,831,599              0
MINORITY INTEREST IN CONSOL SUBS                      0         0            0                 0              0
PREFERRED STOCK OF PRODUCTS CO.             222,875,520         0            0       222,875,520              0
OTHER NONCURRENT LIABILITIES                155,653,383         0            0       149,527,749      3,840,648
                                          -------------       ---          ---     -------------     ----------
LIABILITIES - SUBJECT TO COMPROMISE       2,388,453,060         0            0     2,154,681,369     25,448,067
                                          =============       ===          ===     =============     ==========
</TABLE>


                                 Page 24 of 31
<PAGE>

                           COLLINS AIKMAN CORPORATION
                       LIABILITIES - SUBJECT TO COMPROMISE
                             AS OF - MARCH 31, 2006

<TABLE>
<CAPTION>
                                                           COLLINS &
                                               DURA          AIKMAN                                              AMCO
                                           CONVERTIBLE    DEVELOPMENT    OWOSSO THERMAL       SOUTHWEST       CONVERTIBLE
                                          SYSTEMS, INC.     COMPANY     FORMING, L.L.C..   LAMINATES, INC.   FABRICS, INC.
                                             05-55942       05-55943        05-55946           05-55948         05-55949
                                          -------------   -----------   ----------------   ---------------   -------------
<S>                                       <C>             <C>           <C>                <C>               <C>
A/P - TRADE - PRE PETITION                  10,470,021         0            1,313,748           920,119        1,486,179
A/P - REC'D - NOT INVOICED PRE PETITION              0         0              281,835                 0                0
A/P - PRE PETITION OTHER                             0         0               61,162                 0                0
A/P - TOOLING                                        0         0                    0                 0                0
A/P - CAPITAL                                        0         0                    0                 0                0

PP SHORT TERM BORROWINGS                             0         0                    0                 0                0
PP ACCRUED LIABILITIES                          81,471         0                    0           137,243                0
PP ACCRUED LOCAL PROPERTY TAX                        0         0                    0            31,656                0
PP ACCRUED SALES & USE TAX                           0         0                    0                 0                0
PP ENVIRONMENTAL RESERVE                             0         0                    0                 0                0
PP DISC OPS RESERVE                                  0         0                    0                 0                0
PP RESTRUCTURING RESERVE                             0         0                    0                 0                0
PP LONG TERM DEBT                                    0         0                    0                 0                0
PP CAPITAL LEASES                                    0         0                    0                 0                0

LONG TERM DEBT                                       0         0                    0                 0                0
CAPITAL LEASE OBLIGATIONS-LONG TERM                  0         0                    0                 0                0
DEFERRED INCOME TAXES                                0         0                    0                 0                0
MINORITY INTEREST IN CONSOL SUBS                     0         0                    0                 0                0
PREFERRED STOCK OF PRODUCTS CO.                      0         0                    0                 0                0
OTHER NONCURRENT LIABILITIES                 1,399,943         0                    0                 0                0
                                            ----------       ---            ---------         ---------        ---------
LIABILITIES - SUBJECT TO COMPROMISE         11,951,435         0            1,656,744         1,089,019        1,486,179
                                            ==========       ===            =========         =========        =========
</TABLE>


                                 Page 25 of 31

<PAGE>

                           COLLINS AIKMAN CORPORATION
                       LIABILITIES - SUBJECT TO COMPROMISE
                             AS OF - MARCH 31, 2006

<TABLE>
<CAPTION>
                                            COLLINS &      COLLINS &      COLLINS &
                                              AIKMAN        AIKMAN          AIKMAN                        COLLINS & AIKMAN
                                          INTERNATIONAL    ACCESSORY      AUTOMOTIVE                         AUTOMOTIVE
                                           CORPORATION    MATS, INC.   INTERIORS, INC.   BRUT PLASTICS,    EXTERIORS, INC.
                                             05-55951      05-55952        05-55956       INC. 05-55957       05-55958
                                          -------------   ----------   ---------------   --------------   ----------------
<S>                                       <C>             <C>          <C>               <C>              <C>
A/P - TRADE - PRE PETITION                      0          8,482,955      61,483,903            0            36,059,312
A/P - REC'D - NOT INVOICED PRE PETITION         0                  0         282,797            0               521,103
A/P - PRE PETITION OTHER                        0             21,043      (1,176,022)           0            (7,198,205)
A/P - TOOLING                                   0                  0               0            0                     0
A/P - CAPITAL                                   0                  0             825            0                     0

PP SHORT TERM BORROWINGS                        0                  0               0            0                     0
PP ACCRUED LIABILITIES                          0                  0         529,769            0            (4,067,345)
PP ACCRUED LOCAL PROPERTY TAX                   0                  0         150,673            0               200,764
PP ACCRUED SALES & USE TAX                      0                  0           8,677            0              (142,855)
PP ENVIRONMENTAL RESERVE                        0                  0               0            0                     0
PP DISC OPS RESERVE                             0                  0               0            0                     0
PP RESTRUCTURING RESERVE                        0                  0               0            0                     0
PP LONG TERM DEBT                               0                  0               0            0                     0
PP CAPITAL LEASES                               0                  0               0            0                     0

LONG TERM DEBT                                  0                  0               0            0                     0
CAPITAL LEASE OBLIGATIONS-LONG TERM             0                  0               0            0                     0
DEFERRED INCOME TAXES                           0                  0               0            0                     0
MINORITY INTEREST IN CONSOL SUBS                0                  0               0            0                     0
PREFERRED STOCK OF PRODUCTS CO.                 0                  0               0            0                     0
OTHER NONCURRENT LIABILITIES                    0            706,871           2,667            0               755,641
                                              ---          ---------      ----------          ---            ----------
LIABILITIES - SUBJECT TO COMPROMISE             0          9,210,868      61,283,289            0            26,128,415
                                              ===          =========      ==========          ===            ==========
</TABLE>


                                 Page 26 of 31

<PAGE>

                           COLLINS AIKMAN CORPORATION
                       LIABILITIES - SUBJECT TO COMPROMISE
                             AS OF - MARCH 31, 2006

<TABLE>
<CAPTION>
                                             COLLINS &        COLLINS &                       COLLINS &       COLLINS &
                                               AIKMAN           AIKMAN       WICKES ASSET       AIKMAN          AIKMAN
                                          ASSET SERVICES,     PLASTICS,      MANAGEMENT,    FABRICS, INC.    PROPERTIES,
                                           INC. 05-55959    INC. 05-55960   INC. 05-55962      05-55963     INC. 05-55964
                                          ---------------   -------------   -------------   -------------   -------------
<S>                                       <C>               <C>             <C>             <C>             <C>
A/P - TRADE - PRE PETITION                       0             4,118,741         169,005      17,741,731          0
A/P - REC'D - NOT INVOICED PRE PETITION          0                 8,296               0               0          0
A/P - PRE PETITION OTHER                         0              (132,032)              0         175,727          0
A/P - TOOLING                                    0            60,113,113               0               0          0
A/P - CAPITAL                                    0                     0               0       1,626,657          0

PP SHORT TERM BORROWINGS                         0                     0               0               0          0
PP ACCRUED LIABILITIES                           0               401,456      (8,013,709)        870,444          0
PP ACCRUED LOCAL PROPERTY TAX                    0                     0               0         474,676          0
PP ACCRUED SALES & USE TAX                       0                     0               0               0          0
PP ENVIRONMENTAL RESERVE                         0                     0               0               0          0
PP DISC OPS RESERVE                              0                     0               0               0          0
PP RESTRUCTURING RESERVE                         0                     0               0               0          0
PP LONG TERM DEBT                                0                     0               0               0          0
PP CAPITAL LEASES                                0                     0               0               0          0

LONG TERM DEBT                                   0                     0               0               0          0
CAPITAL LEASE OBLIGATIONS-LONG TERM              0                     0               0               0          0
DEFERRED INCOME TAXES                            0                     0               0               0          0
MINORITY INTEREST IN CONSOL SUBS                 0                     0               0               0          0
PREFERRED STOCK OF PRODUCTS CO.                  0                     0               0               0          0
OTHER NONCURRENT LIABILITIES                     0                     0               0               0          0
                                               ---            ----------      ----------      ----------        ---
LIABILITIES - SUBJECT TO COMPROMISE              0            64,509,574      (7,844,704)     20,889,236          0
                                               ===            ==========      ==========      ==========        ===
</TABLE>


                                 Page 27 of 31
<PAGE>

                           COLLINS AIKMAN CORPORATION
                      LIABILITIES - SUBJECT TO COMPROMISE
                             AS OF - MARCH 31, 2006

<TABLE>
<CAPTION>
                                          COLLINS & AIKMAN      WICKES
                                             AUTOMOTIVE     MANUFACTURING  COLLINS & AIKMAN  COLLINS & AIKMAN       COMET
                                         (ARGENTINA), INC.     COMPANY      INTERIORS, INC.    EUROPE, INC.    ACOUSTICS, INC.
                                              05-55965         05-55968        05-55970          05-55971          05-55972
                                         -----------------  -------------  ----------------  ----------------  ---------------
<S>                                      <C>                <C>            <C>               <C>               <C>
A/P - TRADE - PRE PETITION                    179,471            45,651             0                 0                0
A/P - REC'D - NOT INVOICED PRE PETITION             0                 0             0                 0                0
A/P - PRE PETITION OTHER                            0                 0             0                 0                0
A/P - TOOLING                                       0                 0             0                 0                0
A/P - CAPITAL                                       0                 0             0                 0                0

PP SHORT TERM BORROWINGS                            0                 0             0                 0                0
PP ACCRUED LIABILITIES                              0          (627,515)            0                 0                0
PP ACCRUED LOCAL PROPERTY TAX                       0                 0             0                 0                0
PP ACCRUED SALES & USE TAX                          0                 0             0                 0                0
PP ENVIRONMENTAL RESERVE                            0                 0             0                 0                0
PP DISC OPS RESERVE                                 0                 0             0                 0                0
PP RESTRUCTURING RESERVE                            0                 0             0                 0                0
PP LONG TERM DEBT                                   0                 0             0                 0                0
PP CAPITAL LEASES                                   0                 0             0                 0                0

LONG TERM DEBT                                      0                 0             0                 0                0
CAPITAL LEASE OBLIGATIONS-LONG TERM                 0                 0             0                 0                0
DEFERRED INCOME TAXES                               0                 0             0                 0                0
MINORITY INTEREST IN CONSOL SUBS                    0                 0             0                 0                0
PREFERRED STOCK OF PRODUCTS CO.                     0                 0             0                 0                0
OTHER NONCURRENT LIABILITIES                        0          (871,576)            0                 0                0
                                              -------        ----------           ---               ---              ---
LIABILITIES - SUBJECT TO COMPROMISE           179,471        (1,453,440)            0                 0                0
                                              =======        ==========           ===               ===              ===
</TABLE>


                                 Page 28 of 31

<PAGE>

                           COLLINS AIKMAN CORPORATION
                      LIABILITIES - SUBJECT TO COMPROMISE
                             AS OF - MARCH 31, 2006

<TABLE>
<CAPTION>
                                                                                                 COLLINS & AIKMAN
                                                              COLLINS & AIKMAN  BECKER GROUP,  AUTOMOTIVE OVERSEAS  CW MANAGEMENT
                                         GAMBLE DEVELOPMENT  INTELLIMOLD, INC.     L.L.C..       INVESTMENT INC.     CORPORATION
                                          COMPANY 05-55974        05-55976         05-55977          05-55978          05-55979
                                         ------------------  -----------------  -------------  -------------------  -------------
<S>                                      <C>                 <C>                <C>            <C>                  <C>
A/P - TRADE - PRE PETITION                           0             6,677         12,443,552              0                    0
A/P - REC'D - NOT INVOICED PRE PETITION              0                 0          1,805,534              0                    0
A/P - PRE PETITION OTHER                             0                 0           (300,980)             0                    0
A/P - TOOLING                                        0                 0                  0              0                    0
A/P - CAPITAL                                        0                 0                  0              0                    0

PP SHORT TERM BORROWINGS                             0                 0                  0              0                    0
PP ACCRUED LIABILITIES                        (561,672)                0           (319,016)             0            2,229,499
PP ACCRUED LOCAL PROPERTY TAX                        0                 0                  0              0                    0
PP ACCRUED SALES & USE TAX                           0                 0                  0              0                    0
PP ENVIRONMENTAL RESERVE                             0                 0                  0              0                    0
PP DISC OPS RESERVE                                  0                 0                  0              0                    0
PP RESTRUCTURING RESERVE                             0                 0                  0              0                    0
PP LONG TERM DEBT                                    0                 0                  0              0                    0
PP CAPITAL LEASES                                    0                 0                  0              0                    0

LONG TERM DEBT                                       0                 0                  0              0                    0
CAPITAL LEASE OBLIGATIONS-LONG TERM                  0                 0                  0              0                    0
DEFERRED INCOME TAXES                                0                 0                  0              0                    0
MINORITY INTEREST IN CONSOL SUBS                     0                 0                  0              0                    0
PREFERRED STOCK OF PRODUCTS CO                       0                 0                  0              0                    0
OTHER NONCURRENT LIABILITIES                         0                 0                  0              0                    0
                                              --------             -----         ----------            ---            ---------
LIABILITIES - SUBJECT TO COMPROMISE           (561,672)            6,677         13,629,091              0            2,229,499
                                              ========             =====         ==========            ===            =========
</TABLE>


                                 Page 29 of 31
<PAGE>

                           COLLINS AIKMAN CORPORATION
                      LIABILITIES - SUBJECT TO COMPROMISE
                             AS OF - MARCH 31, 2006

<TABLE>
<CAPTION>
                                             COLLINS                                             COLLINS &       COLLINS &
                                            & AIKMAN         COLLINS &         COLLINS &     AIKMAN AUTOMOTIVE     AIKMAN
                                           AUTOMOTIVE      AIKMAN CARPET     AIKMAN CARPET     INTERNATIONAL    (GIBRALTAR)
                                         INTERNATIONAL,  & ACOUSTIC (TN),  & ACOUSTIC (MI),      SERVICES,        LIMITED
                                          INC. 05-55980    INC. 05-55984     INC. 05-55985     INC. 05-55985      05-55989
                                         --------------  ----------------  ----------------  -----------------  -----------
<S>                                      <C>             <C>               <C>               <C>                <C>
A/P - TRADE - PRE PETITION                       0           3,349,213           8,117                0               0
A/P - REC'D - NOT INVOICED PRE PETITION          0                   0               0                0               0
A/P - PRE PETITION OTHER                         0                   0               0                0               0
A/P - TOOLING                                    0                   0               0                0               0
A/P - CAPITAL                                    0                   0               0                0               0

PP SHORT TERM BORROWINGS                         0                   0               0                0               0
PP ACCRUED LIABILITIES                           0              17,646               0                0               0
PP ACCRUED LOCAL PROPERTY TAX                    0              60,684               0                0               0
PP ACCRUED SALES & USE TAX                       0                   0               0                0               0
PP ENVIRONMENTAL RESERVE                         0                   0               0                0               0
PP DISC OPS RESERVE                              0                   0               0                0               0
PP RESTRUCTURING RESERVE                         0                   0               0                0               0
PP LONG TERM DEBT                                0                   0               0                0               0
PP CAPITAL LEASES                                0                   0               0                0               0

LONG TERM DEBT                                   0                   0               0                0               0
CAPITAL LEASE OBLIGATIONS-LONG TERM              0                   0               0                0               0
DEFERRED INCOME TAXES                            0                   0               0                0               0
MINORITY INTEREST IN CONSOL SUBS                 0                   0               0                0               0
PREFERRED STOCK OF PRODUCTS CO.                  0                   0               0                0               0
OTHER NONCURRENT LIABILITIES                     0                   0               0                0               0
                                               ---           ---------           -----              ---             ---
LIABILITIES - SUBJECT TO COMPROMISE              0           3,427,543           8,117                0               0
                                               ===           =========           =====              ===             ===
</TABLE>


                                  Page 30 of 31

<PAGE>

                           COLLINS AIKMAN CORPORATION
                      LIABILITIES - SUBJECT TO COMPROMISE
                             AS OF - MARCH 31, 2006

<TABLE>
<CAPTION>
                                            COLLINS                        COLLINS
                                           & AIKMAN    NEW.BALTIMORE      & AIKMAN      COLLINS.& AIKMAN
                                          AUTOMOTIVE     HOLDINGS,       AUTOMOTIVE     AUTOMOTIVE MATS,
                                         (ASIA), INC.     L.L.C..         SERVICES,          L.L.C..
                                           05-55991       05-55992    L.L.C.. 05-55981      05-55969
                                         ------------  -------------  ----------------  ----------------
<S>                                      <C>           <C>            <C>               <C>
A/P - TRADE - PRE PETITION                    163         193,283              0                 0
A/P - REC'D - NOT INVOICED PRE PETITION         0          (9,869)             0                 0
A/P - PRE PETITION OTHER                        0          23,267              0                 0
A/P - TOOLING                                   0               0              0                 0
A/P - CAPITAL                                   0               0              0                 0

PP SHORT TERM BORROWINGS                        0               0              0                 0
PP ACCRUED LIABILITIES                          0               0              0                 0
PP ACCRUED LOCAL PROPERTY TAX                   0               0              0                 0
PP ACCRUED SALES & USE TAX                      0               0              0                 0
PP ENVIRONMENTAL RESERVE                        0               0              0                 0
PP DISC OPS RESERVE                             0               0              0                 0
PP RESTRUCTURING RESERVE                        0               0              0                 0
PP LONG TERM DEBT                               0               0              0                 0
PP CAPITAL LEASES                               0               0              0                 0

LONG TERM DEBT                                  0               0              0                 0
CAPITAL LEASE OBLIGATIONS-LONG TERM             0               0              0                 0
DEFERRED INCOME TAXES                           0               0              0                 0
MINORITY INTEREST IN CONSOL SUBS                0               0              0                 0
PREFERRED STOCK OF PRODUCTS CO.                 0               0              0                 0
OTHER NONCURRENT LIABILITIES                    0         291,439              0                 0
                                              ---         -------            ---               ---
LIABILITIES - SUBJECT TO COMPROMISE           163         498,121              0                 0
                                              ===         =======            ===               ===
</TABLE>


                                  Page 31 of 31