EX-99.1 2 ex99-1.txt REPORT TO U.S. BANKRUPTCY COURT CASE NAME: LACLEDE STEEL COMPANY FORM OPR-1A CASE NUMBER: 01-48321-399

I CERTIFY UNDER PENALTY OF PERJURY THAT TO THE BEST OF MY KNOWLEDGE THE FOLLOWING OPERATING REPORTS CONSISTING OF 23 PAGES ARE TRUE AND CORRECT. Date Submitted 07/26/04 Signed /s/ Michael H. Lane ----------- ---------------------------------------- CASE NAME: LACLEDE STEEL COMPANY FORM OPR-1B CASE NUMBER: 01-48321-399

CASE NAME: LACLEDE STEEL COMPANY FORM OPR-2 CASE NUMBER: 01-48321-399

* Includes expenses of Alton Water Treatment Plant, EPA fees, etc.

* Includes expenses of Alton Water Treatment Plant, EPA fees, etc.

* Includes expenses of Alton Water Treatment Plant, EPA fees, etc.

* Includes expenses of Alton Water Treatment Plant, EPA fees, etc. (1) Payment related to General American Mutual Holding Co. liquidation (2) Chain Company Trustee fees (3) Settlement of claim of U.S. Bureau of Customs related to overpayment of Laclede Steel Company's share of distribution under Continued Dumping and Subsidy Offset Act

* Recording of charges incurred prior to July 27, 2001.

CASE NAME - LACLEDE STEEL COMPANY SCHEDULE A CASE NUMBER - 01-48321-399 SCHEDULE OF ACCOUNTS RECEIVABLE AGING

CASE NAME: LACLEDE STEEL COMPANY SCHEDULE B CASE NUMBER: 01-48321-399

* Fixed assets are stated at values recorded in December 2000 in connection with Company's adoption of "fresh start" accounting.

* Fixed assets are stated at values recorded in December 2000 in connection with Company's adoption of "fresh start" accounting. CASE NAME: LACLEDE STEEL COMPANY SCHEDULE C CASE NUMBER: 01-48321-399

* Net advances against DIP Facility subsequent to July 27, 2001.

* Net advances against DIP Facility subsequent to July 27, 2001.

* Net advances against DIP Facility subsequent to July 27, 2001.

* Net advances against DIP Facility subsequent to July 27, 2001. CASE NAME - LACLEDE STEEL CO. SCHEDULE D CASE NUMBER - 01-48321-399 1. INSURANCE COVERAGE

* Coverage no longer required as sale of Alton Plant completed. CASE NAME - LACLEDE STEEL COMPANY SCHEDULE D CASE NUMBER - 01-48321-399 2. STATEMENT OF PAYMENT TO SECURED CREDITORS

CASE NAME - LACLEDE STEEL COMPANY SCHEDULE D CASE NUMBER - 01-48321-399 3. TAX PAYMENTS MADE IN JULY 2004 Type of Tax Amount Check # Paid --------------------------------------- ------------- ---------- ------- F.I.C.A. - employer's portion Taxes paid by Ceridian Payroll Services Federal Unemployment Compensation Taxes paid by Ceridian Payroll Services Illinois Unemployment Compensation Taxes paid by Ceridian Payroll Services City Earnings Taxes paid by Ceridian Payroll Services CASE NAME - LACLEDE STEEL COMPANY SCHEDULE D CASE NUMBER - 01-48321-399 4. PAYMENTS TO OFFICERS Pay Name Date Amount ------------------------------------ ----------- ------------ Michael H. Lane 07/31/04 $ 4,000.00 James B. Claes 07/31/04 $ 600.00 5. PAYMENTS TO DIRECTORS DATE SERVICES ------------------------ ----------- ------------------ David Higbee 7/15/04 $ 600.00 6. PAYMENTS MADE THIS MONTH TO PROFESSIONALS Name DATE SERVICES ----------------------------- --------- ------------- Bryan Cave 07/27/04 $ 4,162.60 Deloitte & Touche 07/27/04 $ 5,115.00 Heenan Blaikie 07/27/04 $ 3,474.25 CASE NAME - LACLEDE STEEL COMPANY SCHEDULE D CASE NUMBER - 01-48321-399 6. RECORD OF DISBURSEMENT AND PAYMENT OF QUARTERLY FEES

LACLEDE STEEL CO /DE/ 8-K