EX-99.1 2 c91202exv99w1.txt FINANCIAL INFORMATION Exhibit 99.1 IN THE UNITED STATES BANKRUPTCY COURT FOR THE NORTHERN DISTRICT OF ILLINOIS EASTERN DIVISION Florsheim Group Inc. et al The Florsheim Shoe Store Company - West The Florsheim Shoe Store Company - Northeast Florsheim Occupational Footwear, Inc. L.J. O'Neill Shoe Co. Case Number 02 B 08209 (Jointly Administrated) Monthly Operating Report December 31, 2004 IN THE UNITED STATES BANKRUPTCY COURT FOR THE NORTHERN DISTRICT OF ILLINOIS EASTERN DIVISION CASE NAME: FLORSHEIM GROUP INC. CASE NO. 02 B 08209 SUMMARY OF CASH ACCOUNTS

IN THE UNITED STATES BANKRUPTCY COURT FOR THE NORTHERN DISTRICT OF ILLIONOIS EASTERN DIVISION FLORSHEIM GROUP INC., CASE NUMBER 02 B 08209 CASH RECEIPTS - DECEMBER 31, 2004

NOTES: 1) Proceeds from liquidation of Florsheim Pacific. 2) Accounts receivable collections, net of collection expense. 3) Medical insurance rebates. 4) Proceeds from liquidation of Florsheim Europe. IN THE UNITED STATES BANKRUPTCY COURT FOR THE NORTHERN DISTRICT OF ILLIONOIS EASTERN DIVISION FLORSHEIM GROUP INC., CASE NUMBER 02 B 08209 CASH RECEIPTS - DECEMBER 31, 2004

1) Preference recoveries. IN THE UNITED STATES BANKRUPTCY COURT FOR THE NORTHERN DISTRICT OF ILLINOIS EASTERN DIVISION FLORSHEIM GROUP INC., CASE NUMBER 02 B 08209 CASH DISBURSEMENTS - DECEMBER 31, 2004

IN THE UNITED STATES BANKRUPTCY COURT FOR THE NORTHERN DISTRICT OF ILLINOIS EASTERN DIVISION FLORSHEIM GROUP INC., CASE NUMBER 02 B 08209 CASH DISBURSEMENTS - DECEMBER 31, 2004

IN THE UNITED STATES BANKRUPTCY COURT FOR THE NORTHERN DISTRICT OF ILLINOIS EASTERN DIVISION FLORSHEIM GROUP INC. / CASE NUMBER 02 B 08209 DECEMBER 2004 BT COMMERCIAL CORPORATION LOAN ACCOUNT

IN THE UNITED STATES BANKRUPTCY COURT FOR THE NORTHERN DISTRICT OF ILLINOIS EASTERN DIVISION CASE NAME: FLORSHEIM GROUP INC. CASE NO. 02 B 08209 STATEMENT OF AGED RECEIVABLES DECEMBER 31, 2004 ACCOUNTS RECEIVABLE: Beginning of Month Balance $ 342,228 -------------- Add: Sales on Account - -------------- Less: Collections (1,000) -------------- Adjustments - -------------- End of the Month Balance $ 341,228 ==============

Note - All accounts receivable are fully reserved.

ACCOUNTS PAYABLE AGING - DECEMBER 31, 2004

* The aging is driven off the original invoice date, which does not reflect receipt of goods or services and accordingly the invoice due date. IN THE UNITED STATES BANKRUPTCY COURT FOR THE NORTHERN DISTRICT OF ILLINOIS EASTERN DIVISION CASE NAME: FLORSHEIM GROUP INC. CASE NO. 02 B 08209 TAX QUESTIONNAIRE FOR MONTH ENDED DECEMBER 31, 2004 Debtors in possession and trustees are required to pay all taxes incurred after the filing of their Chapter 11 petition on an as due basis. Please indicate whether the following post petition taxes or withholdings have been paid currently. 1. Federal Income Taxes Yes (x) No ( ) 2. FICA withholdings Yes (x) No ( ) 3. Employee's withholdings Yes (x) No ( ) 4. Employer's FICA Yes (x) No ( ) 5. Federal Unemployment Taxes Yes (x) No ( ) 6. State Income Taxes Yes (x) No ( ) 7. State Employee withholdings Yes (x) No ( ) 8. All other state taxes Yes (x) No ( )

If any of the above have not been paid, state below the tax not paid, the amounts past due and the date of last payment. IN THE UNITED STATES BANKRUPTCY COURT FOR THE NORTHERN DISTRICT OF ILLINOIS EASTERN DIVISION DECLARATION UNDER PENALTY OF PERJURY I, F. Terrence Blanchard, acting as the duly authorized agent for the Debtor in Possession (Trustee) declare under the penalty of perjury under the laws of the United States that I have read and I certify that the figures,statements, disbursement itemizations, and account balances as listed in this Monthly Report of the Debtor are true and correct as of the date of this report to the best of my knowledge, information and belief. /s/ F. Terrence Blanchard -------------------------------------- For the Debtor In Possession (Trustee) Print or type name and capacity of person signing this Declaration: F. Terrence Blanchard -------------------------------------- President and Chief Financial Officer Florsheim Group Inc. DATED: January 13, 2005

FGI GROUP INC 8-K