EX-99.1 3 dex991.txt CHAPTER 11 MONTHLY CONSOLIDATED OPERATION REPORT Exhibit 99.1 UNITED STATES BANKRUPTCY COURT WESTERN DIVISION OF MASSACHUSETTS Case Name: ACT Manufacturing, Inc., ACT Manufacturing US Holdings, LLC, CMC Industries, Inc. and ACT Manufacturing Securities Corp. Case Number: 01-47641, 01-47642, 01-47643, 01-47644 CHAPTER 11 MONTHLY CONSOLIDATED OPERATING REPORT FOR MONTH ENDING SEPTEMBER 30, 2002 Comes now ACT Manufacturing, Inc., ACT Manufacturing US Holdings, LLC, CMC Industries, Inc. and ACT Manufacturing Securities Corp. Debtor-In-Possession, and hereby submits its Monthly Consolidated Operating Report for the period commencing September 1, 2002 and ending September 30, 2002 as shown by the report and exhibits consisting of 12 pages and containing the following as indicated: Page 2 - 6 Monthly Reporting Questionnaire (Attachment 1) Page 7 - 8 Comparative Balance Sheets (Forms OPR-1 & OPR-2) Page 9 Summary of Accounts Receivable (form OPR-3) Page 10 Schedule of Post-petition Liabilities (Form OPR-4) Page 11 Income Statement (Form OPR-5) Page 12 Statement of Sources and Uses of Cash (Form OPR-6) I declare under penalty of perjury that this report and all attachments are true and correct to the best of my knowledge and belief. Date: October 25, 2002 DEBTOR (S) - IN-POSSESSION By: /s/ John F. Young ------------------------------ (Signature) Name & Title: John F.Young Acting President & Chief Executive Officer Address: 2 Cabot Road Hudson, Massachusetts 01749 Telephone No.: 978-567-4139 CHAPTER 11 MONTHLY OPERATING REPORT MONTHLY REPORTING QUESTIONNAIRE Case Name: ACT Manufacturing, Inc., ACT Manufacturing US Holdings, LLC, CMC Industries, Inc. and ACT Manufacturing Securities Corp. Case Number: 01-47641, 01-47642, 01-47643, 01-47644 MONTH OF: September 1, 2002 - September 30, 2002 1. Payroll: State the amount of all executive wages paid and taxes withheld and paid.

2. Insurance: Is workers' compensation and other insurance in effect? Yes Are payments current? Yes Changes in the month are indicated below.

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Page 3 CHAPTER 11 MONTHLY OPERATING REPORT DETAILED LISTING OF DISBURSEMENTS Case Name: ACT Manufacturing, Inc., ACT Manufacturing US Holdings, LLC, CMC Industries, Inc. and ACT Manufacturing Securities Corp. Case Number: 01-47641, 01-47642, 01-47643, 01-47644 MONTH OF: September 1, 2002, - September 30, 2002

Disbursements July 1, 2002 through September 30, 2002 were $11,830,038 ACT Manufacturing, Inc., $0 ACT Manufacturing Holdings, LLC, $1,214,015 CMC Industries, Inc., $0 ACT Manufacturing Securities Corp. Page 4 4. Post-Petition Payments: List any post-petition payments to professionals and payments on Pre-petition debts in the schedule below (attach separate sheet if necessary).

Page 5 Bowditch & Dewey $ 55,323.73 03/08/2002 Wire Transfer $ 46,412.58 04/18/2002 Wire Transfer $ 21,816.51 05/24/2002 Wire Transfer $ 9,864.98 07/01/2002 Wire Transfer $ 24,952.53 08/14/2002 Wire Transfer $ 29,467.70 08/23/2002 Wire Transfer Testa Hurwitz $ 75,000.00 03/12/2002 Check #125697 $ 32,105.36 04/11/2002 Check #126528 $ 68,522.38 04/25/2002 Check #126899 $133,677.75 05/30/2002 Check #127770 $152,450.85 06/28/2002 Wire Transfer $231,743.84 08/01/2002 Wire Transfer $227,276.88 08/21/2002 Check #140568 Lazard Freres $328,285.34 03/26/2002 Wire Transfer $357,947.62 04/24/2002 Wire Transfer $181,011.36 05/29/2002 Wire Transfer $182,390.40 06/27/2002 Wire Transfer $188,867.73 08/01/2002 Wire Transfer Deloitte & Touche $ 17,500.00 05/06/2002 Check #127115 Payments To/On Amount Date Check # -------------- ------ ---- ------- Professionals (attorneys, Accountants, etc.): GML Associates $ 5,600.00 02/14/2002 Check #124869 $ 23,200.00 02/28/2002 Check #125354 $ 1,000.00 03/21/2002 Check #125993 $ 34,750.00 04/26/2002 Check #126909 $ 8,000.00 05/03/2002 Check #127078 $ 1,500.00 05/23/2002 Check #127656 $ 1,000.00 08/06/2002 Check #140339 $ 6,375.00 08/06/2002 Check #140340 $ 1,512.50 08/16/2002 Check #140528 $ 2,700.00 08/21/2002 Check #140570 Pre-Petition Debts: ------------------- The Morgan Lewis & Bockus payment above of $109,198.41 represents payments for Pre and Post Petition. The invoice did not break out the amounts for Pre and Post petition billings. Page 6 ACT Manufacturing, Inc., ACT Manufacturing US Holdings, LLC, Form OPR-1 CMC Industries, Inc. and ACT Manufacturing Securities Corp. Balance Sheet Case Number: 01-47641, 01-47642, 01-47643, 01-47644 September 30, 2002 (000's)

Note: 1) During July 2002, the majority of assets was sold to Sun ACT Acquisition Corporation. ACT also closed the Irish Operation and sold their Thailand and U.K. legal entities to Benchmark Inc. 2) In October 2002, ACT Manufacturing Inc. filed notice of impending winddown of its French subsidiary. Thus, the investment in the France subsidiary was written off as of September 30, 2002, as no flow of funds are expected back to the U.S. Organization. Page 7 ACT Manufacturing, Inc., ACT Manufacturing US Holdings, LLC, Form OPR-2 CMC Industries, Inc. and ACT Manufacturing Securities Corp. Balance Sheet Case Number: 01-47641, 01-47642, 01-47643, 01-47644 September 30, 2002

Page 8 ACT Manufacturing, Inc. and Subsidiaries Form OPR-3 Summary of Accounts Receivable Case Number: 01-47641, 01-47642, 01-47643, 01-47644 September 30, 2002 (000's)

* Note: As part of the sale process, the majority of Accounts Receivable was sold to Sun ACT Acquisition Corporation, except for certain excluded receivables. Page 9 ACT Manufacturing, Inc. and Subsidiaries Form OPR-4 Schedule of Post Petition Liabilities September 30, 2002 (000's)

Page 10 ACT Manufacturing, Inc., ACT Manufacturing US Holdings, LLC, Form OPR-5 CMC Industries, Inc. and ACT Manufacturing Securities Corp. Income Statement Case Number: 01-47641, 01-47642, 01-47643, 01-47644 September 30, 2002

Page 11 ACT Manufacturing, Inc., ACT Manufacturing US Holdings, LLC, Form OPR-6 CMC Industries, Inc. and ACT Manufacturing Securities Corp. Statement of Sources and Uses of Cash Case Number: 01-47641, 01-47642, 01-47643, 01-47644 September 30, 2002

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ACT MANUFACTURING INC 8-K