Exhibit 99.1


In Re: Kid Brands, Inc. et al.		Case No. 14-22582
Debtors

SCHEDULE OF CASH RECEIPTS AND DISBURSEMENTS¹

For the Period June 19, 2014 through June 30, 2014


RECEIPTS
CASH RECEIPTS	$	4,275,251.91
TOTAL RECEIPTS	$	4,275,251.91
DISBURSEMENTS
OPERATING DISBURSEMENTS
PAYROLL & EMPLOYEE EXPENSE REIMBURSEMENTS		357,042.20
EMPLOYEE MEDICAL		24,063.82
DISTRIBUTION & FREIGHT		43,806.56
INVENTORY PURCHASES		—
RENT		—
INSURANCE		19,980.67
ADMINISTRATIVE & OTHER OPERATING		114,944.13
TOTAL OPERATING DISBURSEMENTS		559,837.38
NON-OPERATING DISBURSEMENTS
LOAN PAYDOWN, INTEREST AND FEES		45,883,000.82
PROFESSIONAL FEES ESCROW		600,000.00
DEPOSITS
U.S. TRUSTEE FEES
TOTAL NON-OPERATING DISBURSEMENTS		46,483,000.82
TOTAL DISBURSEMENTS		47,042,838.20
NET CASH FLOW	$	(42,767,586.29	)

THE FOLLOWING SECTION MUST BE COMPLETED


DISBURSEMENTS FOR CALCULATING U.S. TRUSTEE QUARTERLY FEES: (FROM CURRENT MONTH ACTUAL COLUMN)
TOTAL DISBURSEMENTS (LESS: LOAN PAYOFF)			1,159,837.38

LESS: TRANSFERS TO DEBTOR IN POSSESSION ACCOUNTS			—
PLUS: ESTATE DISBURSEMENTS MADE BY OUTSIDE SOURCES (i.e. from escrow accounts)			—

TOTAL DISBURSEMENTS FOR CALCULATING U.S. TRUSTEE QUARTERLY FEES			1,159,837.38

¹	This consolidated statement of cash receipts and disbursements has been presented in a manner consistent with the Debtors’ historical external financial reporting and would be unduly burdensome to produce in a different or modified format.

FORM MOR- 1

(9/99)


In Re: Kid Brands, Inc. et al.		Case No. 14-22582
Debtors

STATEMENT OF OPERATIONS¹

For the Period June 19, 2014 through June 30, 2014

The Statement of Operations is to be prepared on an accrual basis. The accrual basis of accounting recognizes revenue when it is realized and expenses when they are incurred, regardless of when cash is actually received or paid.


	Period
	6/19/14-6/30/14
REVENUES
Net Revenue	$	761,965.38
Cost of Goods Sold		709,069.90

Gross Profit	$	52,895.48

OPERATING EXPENSES
Direct Selling		56,130.40
Sales Support		943.00
Shipping		324,938.20
Administrative		344,610.28
MIS		40,210.09
Legal		7,916.00
Design and Product Development		44,472.00
Other		(9,452.00	)

Total Operating Expenses		809,767.97

Net Profit (Loss) Before Other Income & Expenses	$	(756,872.49	)

OTHER INCOME AND EXPENSES
Interest Expense²		2,479,232.00

Net Profit (Loss) Before Reorganization Items	$	(3,236,104.49	)

REORGANIZATION ITEMS
Professional Fees		200,540.00
U. S. Trustee Quarterly Fees		—
Other Reorganization Expenses		—

Total Reorganization Expenses		200,540.00

Foreign Income Taxes	$	(9,288.80	)

Net Profit (Loss)	$	(3,427,355.69	)

¹	This consolidated statement of operations has been presented in a manner consistent with the Debtors’ historical financial reporting and includes its foreign entities and would be unduly burdensome to produce in a different or modified format

²	Includes write off off deferred financing cost related to prior credit facility and early termination fee

FORM MOR-2

(9/99)


In Re: Kid Brands, Inc. et al.		Case No. 14-22582
Debtors

BALANCE SHEET¹

For the Period Ended June 30, 2014

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


	BOOK VALUE AT END OF
	CURRENT REPORTING MONTH
ASSETS
CURRENT ASSETS
Unrestricted Cash and Equivalents		523,087
Restricted Cash		882,942
Accounts Receivable (Net)		21,960,468
Notes Receivable		150,000
Inventories (Net)		21,251,030
Income Taxes Receivable		4,913
Prepaid Expenses and Other Current Assets		5,202,253

TOTAL CURRENT ASSETS		49,974,693

PROPERTY AND EQUIPMENT
Fixed Assets		11,424,238
Less Accumulated Depreciation		(7,693,301	)

TOTAL PROPERTY & EQUIPMENT		3,730,937

OTHER ASSETS
Intangibles		8,862,529
Other Assets		562,306

TOTAL OTHER ASSETS		9,424,835

TOTAL ASSETS		63,130,465


	BOOK VALUE AT END OF
	CURRENT REPORTING MONTH
LIABILITIES AND OWNER EQUITY
*LIABILITIES NOT SUBJECT TO COMPROMISE (Postpetition)*
DIP Financing		42,412,054
Accounts Payable		659,517
Taxes Payable		666,215
Accrued expenses		529,072

TOTAL POSTPETITION LIABILITIES		44,266,858

*LIABILITIES SUBJECT TO COMPROMISE (Pre-Petition)*
Accounts Payable		25,893,851
Accrued expenses		26,298,171
Deferred Rent-leases		1,867,680

TOTAL PRE-PETITION LIABILITIES		54,059,702

TOTAL LIABILITIES		98,326,560

*SHAREHOLDER EQUITY*
Capital Stock		2,673,766
Additional Paid-In Capital		88,087,617
Treasury Stock		(89,512,897	)
Retained Earnings		(36,663,178	)
Translation adjustment		218,597

NET SHAREHOLDER EQUITY		(35,196,095	)

TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY		63,130,465

¹	Includes the assets and liabilities of the Company’s foreign entities that are not part of bankruptcy filing

FORM MOR-3

(9/99)

KID BRANDS, INC 8-K