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Home My WebLink About20030515Application.pdf9:A-1 ~' , (' f"1 \I !"" '. v,-iJ'c., ~.... BEFORE THE PUBLIC UTILITIES COMM!I$~ImN OF IDAHO.:! 2003 t'.1;, Y I Pr1 !: 06 Application of BAK Communications, LLC For a Certificate of Public Convenience and Necessity To Provide Competing Local Exchange Service In the State of Idaho ;::. j f";Ut'liC UTlLI j ' iLS COi'H)liSSIOt~ ~/f,f- ~1!1; Comes now BAK Communications, LLC ("BAK") requesting that it be granted a certificate of public convenience and necessity to operate as a competitive local exchange carrier in the State ofIdaho. Further to this application, BAK provides the following infonnation: 1. Proposed Services BAK proposes to offer competitive local exchange services to residential customers in the State of Idaho using a combination of the resale platfonn and the Unbundled Network Elements provided by the Incumbent Local Exchange Carriers (!LEC) as specified by the 1996 Telecommunications Act. As such, BAK does not need to install its own equipment or establish its own facilities since it will be dependent on already existing facilities leased or resold from the !LEC. 2. Form of Business Full Legal Name of Applicant and Main Office Address: BAK Communications, LLC 444 S. Flower St. Suite 4188 Los Angeles, CA 90071 For inquiries regarding this applications: Anthony Manzilla Chief Operations Officer - BAK Communications, LLC 951 Old County Road Suite 239 Belmont, CA 94002 Phone (415) 519-8997 or (510) 375-03871 FAX (213) 688-2187 Email antonio3221~hotmail.com BAK is a California based Corporation whose primary business is providing long distance service to residential customers through prepaid calling cards and 1+ service that is subscribed to. Attached are BAK's articles of incorporation for the State of California, and its documents from the Secretary of State ofIdaho. 3. Telecommunications Service BAK intends to begin providing services three (3) months from whence the commission approves this application for a CPCN, and approves the tariffs that BAK is to provide the commission at a later date. Customers to be served are residential consumers who wish to avail of our servIces. 4. Service Territory Due to the nature of the resale and UNE services being proposed by BAK Communications, the service territory it can serve is dependent on (1) where the Commission allows it to operate; and (2) where the !LEC offers resale and/or UNE. As such, BAK requests that it be granted full statewide authority, and BAK concurs with the territories specified on !LEC (Qwest Communications) tariffs. 5. Financial Information Attached are BAK financial records from the first quarter 2002 to the end of the first quarter 2003. We hope that this will be sufficient to prove adequate financial capability for the services being proposed. 6. Illustrative Tariff Filing Attached is BAK illustrative tariff, which is being included for the sole purpose of elucidating the types of service BAK intends to offer. As interconnection agreements have yet to be negotiated with the ILEC pending approval of this application, the rates proposed are subject to change. 7. Customer Contacts The primary customer contact for complaints or inquiries from both the public and the Public Utilities Commission is: Anthony Manzilla Chief Operations Officer - BAK Communications, LLC 951 Old County Road Suite 239 Belmont, CA 94002 Phone (415) 519-8997 or (510) 375-0381 Email antonio3 221 ~hotmail. com Toll-Free Number for complaints: (888) 326-8683 8. Interconnection Agreements BAK has filed for an interconnection agreement with SBC Communications for its 13-States. However, for the State ofIdaho BAK still needs to file an interconnection agreement with Qwest Communications, which it intends to do as soon as competitive local authority is granted. 9. Compliance with Commission Rules BAK Communications has reviewed the Commissions rules, and intends and agrees to comply with them, or will request a waiver for rules that areinapplicable. 10. Escrow Account or Security Bond As per the illustrative tariffs attached, BAK does not intend to charge any customer deposits for services provided. Wherefore, BAK Communications, LLC respectfully requests that this application for a certificate of public convenience and necessity be granted by the Idaho Public Utilities Commission. 12 May 2003 SECRETARY OF STATE Kevin Shelley, Secretary of State of the State of California, hereby certify: That the attached transcript of page(s) was prepared by and in this office from the record on file , of which it purports to be a copy, and that it is full , true and correct. See/State Form CE-108 (rev, 1/03) IN WITNESS WHEREOF, I execute this certificate and affix the Great Seal of the State of California this day of JAN 2 2 2003 7~~of .~~ State of Gal ifornia Bill Jones ~ecretary of ~tate LIMITED LIABILITY COMPANY ARTICLES OF ORGANIZATION 2001 19110094 File# ----------------------- FILED In the Office of the Secretary of State of the State of California JUL 0 5 2001 A $70.00 filing fee must accompany this form. IMPORTANT - Read instructions before completing this form. 1J . t1~ BILL JONeS~~;; of State This Space For Filing Use Only 1. Name of the limited liabi)ity company (end the name with the words "Limited Liability Company," . Ltd. Liability Co.," or the abbreviations "LLC. orL.L.C.") BAK Communications, LLC 2. The purpose of the limited liability company is to engage in any lawful act or activity for which a limited liability company may be organized under the Beverly- Killea limited liability company act. 3. Name the agent for service of process and check the appropriate provision below: Nichole Mongeon (x J an individual residing in California. Proceed to item 4. J a corporation which has filed a certificate pursuant to section 1505. Proceed to item 5. If an individual, California address of the agent for service of process: Address: 1108 E. 17th St. which is City: Santa Ana State: CA 5. The limited liability company will be managed by: (check one) J one manager ( J more than one manager ( J single member limited liability company (x J all limited liability company members6. Other matters to be included in this certificate may be set forth on separate attached pages and are made a part of this certificate. Other matters may include the latest date on which the limited liability company is to dissolve. 7. Number of pages attached, if any: 8. Type of business of the limited liability company. (For informational purposes only) Telecommunications Zip Code: 92701 9. DEClARATION: It is hereby declared that I am the person who executed this instrument, which execution is my act and deed. V4rZ-Darin Margules Type or Print Name of OrganizerSignature of Organizer July 3 , 2001 Date 10. RETURN TO: NAME FIRM ADDRESS CITY/STATE ZIP CODE rrJarin Margules, Esq. Tyre Kamins Katz & Granat 1880 Century Park East, Suite 300 Los Angeles, CA ~067 SEC/STATE (REV. 12/99)FORM LLC-1 - FlUNG FEE $70. Approved by Secretary of State 253 APPLICA TION FOR REGISTRA FOREIGN LIMITED LIABILITY COIfIP:1kNY f~t1 to: (Instructions on back of application) " . '' \' ,' , 1"1 ' - )t.Li\..~j",\\ '; vi STATE OF iDAHO 1. The name of the limited liability company is: BAK Communications, LLC 2. If the name of the limited liability company is not permissible or is not available in Idaho the name the foreign limited liability company will use in Idaho is: '-'-- 3. The jurisdiction under whose laws the limited liability company is organized is California I and the date of its formation was July 5, 2001 4. The name and address of the registered agent in Idaho is: TCS Corporate Services, Inc. 5527 Kendall Street, Boise, ID 83706 5. The address of the limited liability company s office in the jurisdiction under whose laws it is organized is: 1108 E. 17th Street, Santa Ana, CA 92701 6. The address of the limited liability company s principal office, if other than the address in #5 above, is: 7. The address to which correspondence should be addressed is: 1108 E. 17th Street, Santa Ana, CA 92701 Typed or Printed Name Manager 0 Member .. ." Secretary of State use only IDAHO SECRETARY OF STATE18/05/2001 05 CK: 28J2 CT: 152131 BH: 422893 1 'lii1Ut = 108.88 REGFORGlLC' ' . ' I ~ 701 8AK COMMUNICATIONS, LLC Biographies of Principals Irving Barr - Chainnan Fred Kunik - President Irving Barr and Fred Kunik are the founders and main stakeholders of BAK Communications, LLc. Their primary expertise is in financing finns, and as such they have maintained a large chain of money transfer / check cashing stores all over the nation. In 2001 they founded and funded BAK Communications, and acquired the services of Rabih Aridi, and later on Anthony Manzilla as well to handle the operations and marketing ofBAK's telecommunication activities. Rabih Aridi - Chief Executive Officer Rabih Aridi's telecommunications expertise comes from being the founder of several long distance companies in California. He was one of the pioneer entrepreneurs who entered the prepaid phone card industry. Since then, he has moved on to providing prepaid 1 + long distance service, which is currently the main source of revenue for BAK Communications. William J. Nolan ill - Chief Financial Officer & Secretary William J. Nolan III has had extensive experience managing the financial departments of various finns for 26 years now. He has been responsible for all accounting and treasury functions of those companies and handled additional administration of insurance and legal matters. He has also been in charge of the audit and compensation committees of these finns. Anthony Manzilla - Chief Operations Officer Anthony Manzilla has had experience founding and managing several telecommunications finns for over 20 years with products and services ranging from phone systems to domestic and international long distance. His latest company is TGEC Communications, LLC a California based resale and facilities based CLEC which is currently still profitable and in operation. 444 S, Flower Street Suite 4188 Los Angeles, CA 90071 Tel. (213) 688-8838 Facsimile (213) 688-2187 www,bakcommunications,com BAK Communications, LLC Illustrative Tariff Schedule 1 Original Sheet No. ILLUSTRATIVE TARIFF SCHEDULE APPLI CABLE TO THE COMPETITIVE LOCAL EXCHANGE SERVICES BAK COMMUNICATIONS, LLC BAK Communications, LLC Illustrative Tariff Schedule 1 Original Sheet No. 2- T TARIFF CHECK SHEET Sheet Revisions lO- 11- 12- 13- 14- 15- 16- 17- 18- 19- Original Original Original Original Original Original Original Original Original Original Original Original Original Original Original Original Original Original Original BAK Communications, LLC Illustrative Tariff Schedule 1 Original Sheet No. 3- T TABLE OF CONTENTS Sheet Number Title Page Check Sheet Table Of Contents Preliminary Statement Symbols Used in this Tariff Service Area Map Applicability Territory Description of Services Rate Schedule Taxes and Surcharges Directory and Listing Services Rules Rule 1 - Definitions Rule 2 - Description of Service Rule 3 - Application for Service Rule 4 - Contracts Rule 5 - Special Infonnation Required on Fonns Rule 6 - Credit and Deposits Rule 7 - Payment Methods Rule 8 - Notices Rule 9 - Rendering and Payment of Bills Rule 10 - Disputed Bills Rule 11 - Discontinuance and Restoration of ServiceRule 12 - Optional Rates and Infonnation Provided to the Public Rule 13 - Temporary Service Rule 14 - Continuity of Service Rule 15 - Limitation of LiabilityRule 16 - Prorating of BillsRule 17 - Limitations of Service Rule 18 - Change of Service Provider Rule 19 - Privacy Rule 20 - 911 Service Rule 21 - Blocking Access to 900 and 976 Rule 22 - Demarcation Point BAK Communications, LLC Illustrative Tariff Schedule 1 Original Sheet No. 4- T Preliminary Statement This illustrative tariff sets forth the rates and rules of BAK Communications, LLC (the Company ) applicable to its provision of competitive facilities-based and resale local exchange services pursuant to the rules and regulations established by the FCC and various public utility commissions. The rates and rules contained herein are subject to change pursuant to the rules and regulations of each specific Public Utility Commission. Symbols Used In This Tariff (C) (D) (I) (L) (N) (R) (T) To signify changed listing, rules, or condition which may affect rate charges To signify discontinued materials, including listing, rate, rule or condition. To signify an increase To signify material relocated from or to another part of tariff schedule with no change in text, rate, rules or conditions. To signify new materials including listing, rate, rule or condition To signify reduction To signify change in wording of text but no change in rate, rule or condition. HAK Communications, LLC Illustrative Tariff Schedule I Original Sheet No. 5T Service Area Map The Company concurs in the local exchange boundaries of the !LEC as set forth in the tariffs of said company. The PUC has authorized ILEC to provide local exchange services in all the local exchange territories in the State as shown on their maps. Applicability This tariff is applicable to the competitive local exchange servIces offered by the Company. Territory The Company concurs in the local exchange boundaries of the ILEC and is authorized to provide competitive local exchange service in all such areas in the State. Description of Services The Company has been authorized by the Public Utility Commission to provide competitive local exchange services including dial tone and the ability to place and receive telephone calls within the local exchange boundaries of ILEC. A more detailed description of the services available under this tariff (and the rates therefore) is set forth in Rate Schedules immediately following. The services described in this tariff are available to residential (non-business) customers only. BAK Communications, LLC Illustrative Tariff Schedule 1 Original Sheet No. 6- T Rate Schedules The following rates are applicable to the following residential, non-business competitive local exchange services of the Company. Description of Competitive Local Exchange Services Local Exchange Services provide a Customer with a connection to the public switched telephone network (PSTN), which enables the Customer to: A. Receive calls from other stations on the network; B. Access the Company s services as set forth in this tariff; C. Access intraLATA, interLATA and international calling services provided by other certified common carriers; D. Access to the (at no additional charge) to the Company s business office or to its trouble hotline for service related assistance; and access 9-1 service for emergency calling. Measurements of Calling Areas for Usage Rates The calling areas for usage rates specified in "zones" mirror the areas that are described in the dominant ILEC tariff for that region. Rate Components Rates for local exchange service consists of these five components: A. Nonrecurring Service Installation Charges B. Monthly Access Line Rates C. Calling Features D. Directory Assistance Usage E. Inside Wiring Service Monthly Access Line Rates Nonrecurring Service Installation Charges Charges for provisioning of the line, including any charges incurred for placing orders with dominant LEC s are one-time charges and cost $ 30.00. BAK Communications, LLC Illustrative Tariff Schedule 1 Original Sheet No. 7- Monthly Access Line Rates BAK Residential Plans: Economy Service Plan - $ 29. Includes: Direct Dial Line with unlimited local calling 11.Standard Service Plan - $ 34. Includes: Direct Dial Line with unlimited local calling Caller ill Feature Any other standard feature (except 3-way calling) 111.Deluxe Service Plan - $ 44. Includes: Direct Dial Line with unlimited local calling Caller ill Feature Way Calling Any 2 additional standard features as outlined below Standard Calling Features Calling features are charged at a standard rate of $ 5.00 per feature, unless acquired through our plans as outlined above. These features include: Call Waiting Call Forwarding Priority Ringing Call Screening Call Return 3- W ay Calling Anonymous Call Rejection Caller ill Directory Assistance Directory Assistance is charged at $0.75 per call. HAK Communications, LLC Illustrative Tariff Schedule 1 Original Sheet No. 8- T Inside Wiring In the case of a faulty jack within the Customers' residence , the Company is to offer an inside wiring service to be charged at $ 50.00 per premise visit. Taxes and Surchare:es In addition to the charges specifically pertaining to the Company s services, certain federal, state, and local surcharges, taxes and fees will be applied. These surcharges taxes, and fees are calculated based upon the amount billed to the end user by dominant LEC s for standard billed service, and are added onto the Company s bill. Such charges include, but are not limited to, the surcharges and fees ordered by the PUC. Directory and Listine: Services Availability of Directories Subscription to a Local Exchange Service entitles the Customer to receive a copy of any alphabetical or classified telephone directory for Customers' local calling area that is published by the Company or provided to the Company by another directory publisher subject to the Company s right to pass on to the Customer any direct costs the Company must bear for the provision of such directory to the Company. Non-Published Service Primary numbers will be non-published at the request of the Customer. The Customer name, address and telephone number will not be listed in any telephone directory, street address directory, or in the directory assistance records available to the general public. This infonnation, as well as call forwarding infonnation from unlisted telephone numbers, shall be released by the company in response to legal process or to certain authorized governmental agencies provided the requesting agency complies with the regulations referenced in Rule 18, below, or to the Patriot Act as passed by Congress. BAR Communications, LLC Illustrative Tariff Schedule 1 Original Sheet No. 9- T Rules Rule 1 - Definitions Certain Tenns used generally throughout this tariff or the Company, are defined below. Applicant: Any person that has applied to the Company for service Authorized User: person authorized to use the service provided by the Company, and is specifically named in the application for service. Company: BAK Communications, LLC, the issuer of this tariff CSR: Customer Service Representative, responsible for answering quenes accepting orders for new service, and taking trouble complaints. Customer: The person ordering service, and is responsible for payment of charges and compliance with company regulations. Demarcation Point: The Company concurs with the definition of "demarcation point" as set forth in the ILEC local exchange tariffs. fLEC: Incumbent Local Exchange Carrier UC: The Public Utility Commission Rule 2 - Description of Service The Company provides competitive local exchange services including dial tone and the ability to place and receive telephone calls, within the local exchange boundaries of !LEC. A more detailed description of the competitive local exchange services available from the Company is set forth in the Rate Schedules portion of this tariff. BAK Communications, LLC Illustrative Tariff Schedule 1 Original Sheet No.lO-T Rule 3 - Application for Service Service is initiated by arrangement between the Company and the Customer. This is nonnally initiated through oral contact by Customer with a CSR, wherein Customer is infonned of all rates and charges for the service Customer requests, and any other rates or charges which will appear on the Customers' bill, and an arrangement is assumed to have been made at the Company s receipt of the first payment for the one-time service activation, and one month's worth of service. Within 10 days of initiating the service order, Company is to provide a confinnation letter setting forth a brief description of the services ordered and itemizing all charges which appear on the Customers' bill. Rule 4 - Contracts At the option of the Company, and with the approval of the PUC, service may be offered on a contract basis to meet specialized requirements of the Customer not contemplated in this tariff The tenns of each contract shall be mutually agreed upon between the Customer and the Company and may include discounts off of rates contained herein waiver of recurring or nonrecurring charges, or other customized features that might not be included in the Company s general service offerings. Rule 5 - Special Information Required on Forms Each of the Company' bills for telephone service shall contain infonnation regarding the following: (a) When to pay the bill (b) Billing detail including service period ( c) How to pay the bill (d) Hotline for Billing Questions (e) In addition to the above, each bill shell include the following statement: BAK Communications, LLC Illustrative Tariff Schedule 1 Original Sheet No.ll- This bill is due and payable within 14 days of the date it was issued; non- payment for service will be constituted as a cancellation of service from BAK Communications, and your service will be subject to disconnection. Should you question this bill, please request an explanation from the Company. The Company s address is 444 S. Flower Street, Suite 4188 Los Angeles, CA 90071. If you believe you have been billed incorrectly you may file a complaint with the Puc. To avoid having service disconnected, payment of the disputed bill should be made 'under protest' to the PUC or payment arrangements should be made agreeable to the Company pending the outcome of the Commissioner of Consumer Affairs branch shall review communicate the results of its review to the parties, and infonn you of your recourse to pursue the matter further with the Commission Rule 6 - Credit and Deposits The company does not require any deposits for services provided. Rule 7 - Payment Methods Customer Payments are accepted using the three options listed below: (a) Credit Card Payment - a merchant account is to be established to verify cards and avoid credit card fraud. (b) Money Orders - These are to be accepted if mailed to the Company s office address. (c) Swift Pay - An Agreement is to be established between the Company and Western Union for Western Union to accept payments placed by Customers for Company s service. CSR's are to orally direct Customers to their nearest Western Union agent location. BAK Communications, LLC Illustrative Tariff Schedule 1 Original Sheet No. 12- T Rule 8 - Notices Any notice the Company may give to a Customer shall be deemed properly given when delivered, if delivered in person or when deposited with the US Postal Service, with appropriate postage, and addressed to the Customers ' billing address or to such address as may be subsequently given by the Customer to the Company. Except for cancellation of service or as otherwise provided for by these rules, any notice from any Customer to the Company is done orally, or by written notice mailed to the Company s business address. Rule 9 - Rendering and Payment of Bills The Customer is responsible for the payment of all charges for facilities and services furnished to the Customer. Billing periods are monthly, and invoices are sent to the Customer two weeks before the billing period expires. Payment is due before the start of the next billing period, and nonpayment of a bill may result in service suspension. If a service is suspended, a reactivation fee of $ 20.00 applies and must be paid in addition to the monthly service charge if a suspended customer wishes to continue servIce. Rule 10 - Disputed Bills In the case of a dispute between the Customer and the Company for service furnished to the Customer, which cannot be settled with mutual satisfaction, the Customer can take the following course of action within two (2) years of the disputed bill's billing date. (a) First, the Customer may request, and the Company will perfonn, an investigation and review of the disputed amount. The undisputed portion and subsequent bills must be paid on a timely basis or the service may be subject to disconnection if the Company notifies the Customer in writing of such delinquency and impending disconnection. BAK Communications. LLC Illustrative Tariff Schedule 1 Original Sheet No. 13- T (b) Second, if there is still disagreement about the disputed amount after and after review by a manager of the Company, the Customer may appeal to the PUC Consumer Affairs Branch for its investigation and decision. (c) To avoid disconnection of service, the Customer must submit the claim and if the bill has not been paid, deposit the amount in dispute with the PUC within seven (7) calendar days after the date the Company notifies the Customer that its investigation and review are completed and that such deposit with the PUC must be made or service will be suspended. The disputed amount must be made payable to the PUC. (d) The company cannot suspend Customers' service for nonpayment as long as the Customer complies with (c) above. After the investigation and review are completed by the Company as mentioned in (a) above, if the Customer elects not to deposit the amount in dispute with the PUC, such amount becomes due and payable at once. If Customer fails to pay the amount within seven (7) calendar days after the Company infonns the customer that its investigation and review are completed, service will be suspended. However, service is not to be discontinued prior to the due date shown on the bill. (e) If the customer deposits the disputed amount with the PUC, the Company shall respond to any requests from the PUC for infonnation within ten (10) business days. The PUC will review the claim of the disputed amount communicate the results of its review to the Customer and Company, and make disbursement of the deposited amount. Rule 11 - Discontinuance and Restoration of Service 11.Cancellation of Service by a Customer A Customer is responsible for notifying the Company either in writing or orally of his/her desire to discontinue service on or before the date of discontinuance. Payments made for a month's worth of service will be charged for the full amount even if the Customer elects to cancel within the period that has been paid (i.e. pro- rated credits for service discontinued within a paid billing period shall not be granted by the Company). If a new Customer cancels his order for service before the service begins, the one- time service activation fee will not be refunded to cover non-recoverable portions of expenditures incurred by the company for ordering and provisioning such servIces. BAR Communications, LLC Illustrative Tariff Schedule 1 Original Sheet No. 14- 11.2 Cancellation for Cause by Company Service may be discontinued for nonpayment of any charges owed to the Company. Invoices are sent two (2) weeks before the due date of the bill, and if the amount invoiced is not paid by the due date and no contact is initiated by the Customer to arrange payment, service is discontinued with the assumption that the Customer seeks to tenninate service. 11.3 Restoration of Service There is a $ 20.00 per line charge for restoration of service once it has been suspended. 11.4 Fraud The Company reserves the right to refuse or discontinue service without advance notice if the acts of the customer are such as to indicate intention to defraud the Company. This includes fraudulently placing and receiving calls, and/or ordering service under different names for the same address once service has been tenninated. Rule 12 - Optional Rates and Information Provided to the Public A copy of this tariff schedule and advice letters will be available for public inspection in the Company s business office during regular business hours. Copies of the Company tariff schedule and advice letters are available to the public on the Company Website and at a nominal cost on paper to cover photocopying, postage, and/or transmission expenses. Rule 13 - Temporary Service Temporary service will be provided at the option of the Company if such service provision is consistent with the best interests of the Company. Rates and conditions for such service will be those published in this tariff schedule. Rule 14 - Continuity of Service In the event of prior knowledge of an interruption of service for a period exceeding one day, the Customer will, if feasible, be notified in writing at least one week in advance of such known interruption. BAK Communications, LLC Illustrative Tariff Schedule 1 Original Sheet No. 15- Rule 15 - Limitation of Liability 15.1 General (a) The provisions of this rule do not apply to errors and omissions caused by willful misconduct, fraudulent conduct or violations of the law by the Customer. (b) In the event an error or omission is caused by the gross negligence of the Company, the liability of the Company shall be limited to and in no event exceed the sum of$ 5 000. (c) The Company will not be held liable for service interruptions caused by the Customers' facilities , equipment, or systems. (d) Except as provided in the liability of the company for damages arising out of mistakes, omissions, interruptions, delays, errors or defects in any of the services or facilities furnished by the Company up to and including its local loop demarcation point, including exchange, toll, private line, supplemental equipment, alphabetical directory listings (excluding the use of boldface type) and all other services, shall in no event exceed an amount equal to the pro rate charges to the Customer for the period during which the services or facilities are affected by the mistake, omission, interruption, delay, error or defect provided, however, that where any mistake, omission, interruption, delay, error or defect in anyone service or facility affects or diminishes the value of any other service said liability shall include such diminution but in no event shall the liability exceed the total amount of the charges to the Customer for all services or facilities for the period affected by the mistake, omission interruption, delay, error or defect. 15.2 Service Interruptions (a) Allowances for Service Interruptions Interruptions in service, which are not due to the negligence of, or noncompliance with the provisions of this tariff by the Customer or the operation or malfunction of the malfunction of the facilities, power or equipment provided by the Customer as set forth in 15.2 c below for the part of the service that the interruption affects. For purposes of this rule, an interruption is deemed to exist from the time it is reported to or detected by the Company. BAK Communications, LLC lUustrative Tariff Schedule 1 Original Sheet No. 16- (b) Temporary Suspension for Repairs The Company shall have the right to make necessary repairs or changes in its facilities at any time and will have the right to suspend or interrupt service temporarily for the purpose of making the necessary repairs or changes in its system. When such suspension or interruption of service for any appreciable period is necessary, the Company will give the Customers who may be affected as reasonable notice thereof as circumstances will pennit, and will prosecute the work with reasonable diligence, and if practicable at times that will cause the least inconvenience. When the Company is repairing or changing its facilities where applicable, it shall take appropriate precautions to avoid unnecessary interruptions or conversations or Customers' service. (c) Credit Allowances A credit allowance will be made when an interruption occurs because of a failure of any component furnished by the Company under this tariff An interruption period begins when a Customer reports a service, facility, or circuit to be interrupted and releases it for testing or repair. An interruption period ends when the service, facility or circuit is operative again. If a customer reports a service facility or service to be interrupted but declines to release it for testing or repair then this is considered impaired, but not interrupted. Credit allowances shall be provided in the fonn of long distance minutes as provided by our long distance carrier of choice. A long distance credit of 30 minutes will be issued for each 24-hour period that the service facility or circuit is interrupted. Credits shall not be provided for impaired service, facilities or circuits. (d) Limitations on Credit Allowances No credit allowance will be made for: a. Interruptions due to the negligence of, or noncompliance with the provisions of this tariff by, the Customer, authorized user, joint user or other common carrier providing service connected to the service of the Company. BAK Communications, LLC Illustrative Tariff Schedule 1 Original Sheet No. 17- b. Interruptions due to the negligence of any person other than the Company, including but not limited to the Customer or other common carriers connected to the Company s facilities c. Interruptions due to the failure or malfunction of non-Company equipment d. Interruptions of service during a period in which the Company is not given a full and free access to its facilities and equipment for the purpose of investigating and correcting interruptions e. Interruptions of service during a period in which the Customer continues to use the service on an impaired basis f. Interruptions of service during any period when the Customer has released service to the Company for maintenance purposes or for implementation of a Customer order for a change in service arrangements g. Interruptions of service due to circumstances or causes beyond the control of the Company 15.Errors in Transmitting, Receiving or Delivering Oral Messages bv Telephone The Company shall not be liable for errors in transmitting, receiving or delivering oral messages by telephone over the lines of the Company and connecting utilities. 15.4 Loss Arising from Non-Delivery of Written Messages The Company shall be liable for loss or damage that may occur in the course of the employment of any messenger not to exceed twenty-times the charge for such messenger service, and shall be liable for loss or damage that may occur in the transmission over its lines not exceeding the amount received for receiving the same. Rule 16 - Prorating of Bills Any prorated bill shall use a 30-day month to calculate the pro-rata amount. Prorating shall apply only to recurring charges. All non-recurring and usage charges incurred during the billing period shall be billed in addition to any prorated amounts. BAK Communications. LLC Illustrative Tariff Schedule 1 Original Sheet No. 18- Rule 17 - Limitation of Service 17.1 Services and Facilities Service is offered subject to the availability of the necessary facilities or equipment and subject to the provisions of this tariff; and all facilities provided under this tariff are directly controlled by the Company, and the Customer may not transfer or assign the use of service or facilities without the express written consent of the Company. 17.Assignment or Transfer Prior written pennission from the Company is required before any assignment or transfer. All regulations and conditions contained in this tariff shall apply to all such pennitted assignees or transferees, as well as all conditions of service. Title to all facilities provided by the Company under this tariff remains with the Company. Rule 18 - Change of Service Provider 18.1 Solicitation of Customer Authorization for Service Tennination and Transfer Solicitations by the Company or its agents, of customer authorization for tennination of service with an existing carrier and the subsequent transfer to a new carrier must include current rate infonnation on the new carrier and infonnation regarding the tenns and conditions or service by the Company or its agents, must confonn to PUC Rulings. All solicitations sent by the Company or its agents to Customers must be legible and printed in a minimum point size type of at least 10 points. A penalty or fine of up to $ 500 may apply for each violation of this rule. 18.2 Unauthorized Service Tennination and Transfer ("Slamming The Company will be held liable for both the unauthorized tennination of service with an existing carrier and the subsequent unauthorized transfer to its own service. The Company is responsible for the actions of its agents that solicit unauthorized tennination and transfers. A carrier who engages in such unauthorized activity shall restore the Customer s service to the original carrier without charge to the Customer. All billings during the unauthorized service period shall be refunded to the applicant or Customer. A penalty or fine payable to the Commission may apply to each violation of this Rule. BAK Communications, LLC Illustrative Tariff Schedule 1 Original Sheet No. 19- As prescribed under the Public Utilities Code, each day of continuing violation shall constitute a separate and distinct offense. The Company will reimburse the original carrier for reestablishing service at the tariff rate of the original carrier. Rule 19 - Privacy The Company is restricted from releasing nonpublic Customer infonnation. For each new Customer, and on an annual basis for continuing Customers, the Company shall provide in writing, a description of how it handles Customers' private infonnation and a disclosure of any ways that such infonnation might be used or transferred that would not be obvious to the Customer. The Company is subject to the credit infonnation and calling record privacy rules. Rule 20 - 911 Service The Company provides 9-1 services for emergency calling at no charge. Rule 21 - Blocking Access to 900 and 976 Services The Company will block all access to 900 and 976 pay-per-call telephone services. Rule 22 - Demarcation Point The Company concurs in the definition of Local Loop Demarcation Point as set forth in !LEC Tariffs. .4 : 4 6 P M BA K C o m m u n i c a t i o n s L L C 01 / 1 5 / 0 3 Pr o f i t & L o s s . A c c r u a l B a s i s Ja n u a r y t h r o u g h N o v e m b e r 2 0 0 2 Ja n 0 2 Fe b 0 2 Ma r 0 2 Ap r 0 2 Ma y 0 2 Ju n 0 2 Ju l 0 2 Au g 0 2 Se p 0 2 Oc t 0 2 No v 0 2 TO T A L ..- " ' - - ' ,- - - nn _ _ . - , - . - . . no . . ,,- , . -_ _ n n . . In c o m e 63 0 1 0 0 0 , P h o n e C a r d s 67 3 38 1 , 18 6 06 5 , 79 4 70 7 , 77 7 15 3 , 11 0 10 6 , 76 3 62 4 . 60 4 05 9 . 05 7 67 8 , 11 3 32 5 , 51 8 75 2 , 98 4 91 4 , 98 5 77 0 . 63 0 1 0 1 0 . P h o n e S e r v i c e B u s i n e s s 11 6 73 8 . 13 4 26 5 . 95 8 . 4 1 11 1 86 9 . 03 5 , 11 5 14 0 , 61 1 00 7 , 63 0 2 0 0 0 . O n e P l u s 31 6 . 20 3 03 8 . 21 9 55 0 , 11 0 59 5 . 4 7 05 9 . 15 8 75 0 , 11 1 47 3 . 23 4 . 68 . 4 7 8 , 27 4 , 71 6 , 24 4 48 9 . 63 0 2 0 0 7 . G O D / C h i n a P r o j e c t 91 7 . 60 2 , 72 0 . 11 6 14 7 . 16 3 40 7 , 17 5 14 8 . 56 8 94 4 , 63 0 2 0 0 8 . P h i l i p p i n e s P r o j e c t 18 8 , 63 1 , 43 5 , 67 6 , 93 1 , 63 0 3 0 0 0 . O t h e r I n c o m e 33 6 , 48 , 13 . 33 6 , 55 6 , 40 4 , 70 3 . _. . u - ,- - , , - ,, - ., . . . _- , - - , , - - - "' h n _ - - . . . . .- - " _ . , , -.. . - . . - - . " -- - - - - - - - - - - - - - - - To t a l I n c o m e 94 7 69 7 , 39 1 11 0 , 01 4 25 8 . 4 1 88 7 74 9 , 20 3 50 1 . 8 3 04 2 08 0 , 08 6 40 1 , 30 7 79 3 . 42 7 78 9 , 61 1 46 4 , 37 3 00 1 , 49 2 , 84 8 . 4 8 Co s t o f G o o d s S o l d 74 0 1 0 0 0 . C a r r i e r C o s t - P h o n e C a r d s 62 5 , 66 4 , 79 3 97 7 . 3 3 50 6 59 9 . 55 2 90 2 , 84 2 70 6 , 54 1 61 8 , 57 4 53 7 . 4 1 72 4 45 7 , 78 4 24 0 . 08 6 70 1 . 61 6 96 4 , 65 2 77 0 . 74 0 1 0 1 0 , C a r r i e r C o s t - P h o n e S e r v o B u s . 87 4 . 83 . 4 7 4 . 57 6 , 95 2 , 48 4 , 61 , 47 0 , 43 1 81 3 , 74 0 2 0 0 0 . C a r r i e r C o s t - O n e P l u s 00 0 , 12 8 60 9 , 13 6 07 9 , 14 6 , 05 5 . 10 0 95 9 , 54 0 , 02 3 . 12 7 , 78 8 , 35 5 , 66 9 68 7 , 74 0 2 0 0 7 . C a r r i e r C o s t - C h i n a / G O D 28 8 , 39 2 , 16 5 , 39 2 , 77 6 , 06 5 , 26 4 08 2 , 74 0 2 0 0 8 . C a r r i e r C o s t - P h i l i p p i n e s 04 2 , 75 8 , 31 1 , 49 7 , 60 9 , 74 0 2 5 0 0 . L o c a l L o o p C o s t - G e n e r a l 87 6 , 08 7 , 21 8 , 14 , 4 3 1 . 81 6 . 51 1 , 93 2 , 44 9 . 94 3 , 58 3 , 26 1 . 5 1 31 0 36 1 , 74 0 3 0 0 0 . O t h e r C o s t - O t h e r I n c o m e 12 , 92 5 , 32 5 , 26 2 , 51 2 , ,, - - . . .., , - - - , - -- . . , -- - -. . , . -- - . . . - - - - "- - " . -- - - - -. . . . .. . , . . . . - -- - " ' _ 0 _ . _ _ - __ " _ ' _ n n -- - - - . . . , - To t a l C O G S 65 9 98 6 , 01 6 67 4 , 67 4 89 8 . 1 8 61 2 48 0 , 89 4 58 1 , 75 1 45 2 , 75 6 67 7 . 91 4 71 6 , 00 7 33 9 , 26 2 95 3 . 4 1 87 9 87 7 , 43 1 83 8 . -- - . . " , , - - , , - ., . . . . - - nn o '- ' 0 . .' _ _ , , 0 n . -_ _ _ O n . - - - - " , -- - - - - - . . - - - . . - - Gr o s s P r o f i t 28 7 70 9 , 37 4 43 5 , 33 9 36 0 , 27 5 26 8 . 4 7 30 8 92 0 , 29 0 62 7 , 32 9 52 4 , 39 3 07 6 . 42 0 45 0 . 54 8 51 1 , 49 3 12 4 , 06 1 00 9 , Ex p e n s e 65 1 1 0 0 1 . S a l a r i e s - C u s ! . C a r e . Lo n g O l s t . 66 7 , 64 2 , 63 1 , 40 4 , 97 6 , 05 0 , 00 6 , 59 8 , 05 8 , 23 9 , 72 0 , 19 0 01 6 , 85 1 1 0 0 2 . S a l a r i e s - C u s ! . C a r e - Ph o n e C a r d s 42 3 , 93 5 . 4 2 79 8 . 2 7 17 7 . 6 7 75 3 . 02 0 , 76 9 , 40 1 , 16 7 , 72 9 , 55 1 , 25 5 72 6 , 85 1 1 0 0 3 . S a l a r i e s - A d m i n i s t r a t i o n 72 2 . 60 9 , 84 9 . 59 8 , 42 6 , 07 1 , 71 8 . 5 2 94 8 , 39 , 12 , 90 5 , 85 1 1 0 0 4 ' S a l a r i e s - A c c o u n t i n g & H R 67 4 , 09 1 , 15 9 , 83 5 , 06 5 , 60 1 . 4 5 75 7 . 4 6 15 7 , 53 4 , 95 9 , 30 8 , 27 7 34 6 , 85 1 1 0 0 5 . S a l a r i e s - M a n a g e m e n t 05 7 , 09 6 . 22 , 80 9 , 79 0 . 4 2 84 3 , 62 4 . 86 0 , 71 4 , 73 4 , 41 7 , 02 0 , 23 7 16 8 , 85 1 1 0 0 6 . S a l a r i e s - 81 9 , 25 5 , 23 4 , 40 5 , 24 1 . 1 6 22 1 , 21 6 , 53 3 , 85 4 . 52 , 60 7 , 96 9 , 36 4 35 8 , 85 1 1 0 0 7 . S a l a r i e s - C h i n a / G O D 01 0 , 33 6 , 90 8 , 45 3 , 20 6 , 27 1 , 96 1 , 18 3 15 0 , 65 1 1 0 0 9 . S a l a r i e s - T e l e m a r k e t i n g 07 6 , 63 4 . 91 1 , 85 1 1 0 1 1 . O v e r t i m e . C C a r e - 99 0 , 99 0 , 85 1 1 0 1 2 . O v e r t i m e - C u s t o m e r C a r e - 49 , 49 , 85 1 1 0 1 3 . O v e r t i m e . A d m i n i s t r a t i o n 85 1 1 0 1 4 . O v e r t i m e - A c c o u n t i n g & H R 37 4 , 37 4 , 85 1 1 0 1 5 . O v e r t i m e - M a n a g e m e n t 85 1 1 0 1 6 . O v e r t i m e - 32 8 , 32 6 , 85 1 1 0 1 7 . O v e r t i m e - G O D / C h i n a 34 5 , 34 5 , 85 1 1 0 9 8 . E E 4 0 1 ( k ) C o n t r i b u t i o n s 85 1 1 1 0 7 . O r i g i n a t i o n F e e s - G O D / C h i n a 56 9 . 11 , 32 4 , 36 8 , 39 8 , 66 1 , 85 1 1 1 0 9 . C o m m i s s i o n s - T e l e m a r k e t i n g 78 5 , 43 , 43 0 , 05 4 , 06 5 , 70 9 . 06 1 . 37 3 , 26 1 , 09 0 , 67 5 , 85 1 1 2 0 1 . B o n u s e s - C C a r e - 85 1 1 2 0 2 . B o n u s e s - C C a r e - 14 3 . 14 3 , 85 1 1 2 0 3 . B o n u s e s - Ad m i n i s t r a t i o n 85 1 1 2 0 4 . B o n u s e s - A c c o u n t i n g & H R 65 1 1 2 0 5 . B o n u s e s - M a n a g e m e n t 85 1 1 2 0 6 . B o n u s e s - 00 0 , 00 0 , 65 1 1 2 0 7 ' B o n u s e s - C h i n a / G O D 85 1 1 2 1 7 . P r o f i t S h a r i n g - C h i n a / G O D 14 5 . 93 0 , 53 2 . 03 0 , 12 0 63 6 . 65 1 1 2 1 8 . P r o f i t S h a r i n g . P h i l i p p i n e s 69 2 , 69 2 , 85 1 1 3 0 1 . E m p l o y e e B e n e f i t s . C C a r e - ;! 5 , 22 1 . 65 , 31 1 . 4 9 85 1 1 3 0 2 . E m p l o y e e B e n e f i t s . C C a r e - i'4 . 4 2 29 9 , 48 1 , 64 . 14 4 , 23 3 , -- 4 . 23 2 , 10 0 . 62 6 . 65 1 1 3 0 3 . E m p l o y e e B e n e f i t s - A d m i n . 20 5 , 14 0 , 39 , 23 3 , 39 , 18 6 , 91 4 , 85 1 1 3 0 4 . E m p l o y e e B e n e f i t s - A c e ! . & H R ;~ 5 , 13 9 , 22 4 , 19 , 26 5 , 27 3 , 52 , 26 6 , 50 , 31 8 . 85 1 1 3 0 5 . E m p l o y e e B e n e f i t s - M a n a g e m e n t 10 , 10 2 . 11 6 , 25 , 11 . 27 3 . 19 , 22 2 , 20 , 80 4 . 85 1 1 3 0 6 . E m p l o y e e B e n e f i t s - 25 , 29 3 , 99 . 31 7 , 24 , 98 , 23 3 , 46 , 24 8 . 4 0 90 , 47 6 , 85 1 1 3 0 7 . E m ~l o y e e B e n e f i t s - C h i n a / G O D 44 . 4 4 23 3 , 16 , 50 8 . 13 0 , 89 9 . 85 1 1 4 0 5 . T r a n i n g / S e m i n a r s - M a n a g e m e n t 62 5 , 62 5 . 85 1 1 4 0 6 . T r a i n i n g / S e m i n a r s - I T 8~ A , 69 6 , 55 1 . 2 8 85 1 1 5 0 1 . T e m p o r a r y O f f i c e H e l p - C C - 09 9 , 09 9 , 65 1 1 5 0 3 . T e m p o r a r y O f f i c e H e l p - A d m 78 9 , 59 9 . 45 8 . 84 8 , 65 1 1 6 0 2 , C u s ! . C a r e l l n s t . l m p a c t I T H o u s e 03 1 , 50 4 . 4 2 12 4 . 76 1 . 61 7 , 11 7 , 90 2 . 29 2 , 33 9 , 06 2 . 59 1 . 36 6 , 65 1 1 6 0 6 . O u t s i d e S e r v i c e s C a s u a l - 24 7 , 24 7 , 85 1 1 6 0 7 . O u t s i d e S e r v i c e s C a s u a l - C h i n a 65 , 65 . Pa g e 1 4: 4 6 P M BA K C o m m u n i c a t i o n s L L C 01 / 1 5 / 0 3 Pro f i t & L o s s Ac c r u a l B a s i s Ja n u a r y t h r o u g h N o v e m b e r 2 0 0 2 Ja n 0 2 Fe b 0 2 Ma r 0 2 Ap r 0 2 Ma y 0 2 Ju n 0 2 Ju l 0 2 Au g 0 2 Se p 0 2 Oc t 0 2 No v 0 2 TO T A L .. . - - _ n _ - - - - .- - - _ . _ , , - - .. , - , , - -- - - _. _ _ ' n 85 1 1 6 0 8 . C u s t o m e r C a r e - P h i l i p p i n e s 82 0 . 4 8 60 0 , 60 0 , 60 0 , 62 0 . 4 8 85 1 1 8 0 3 . P r o f e s s i o n a l F e e s - A d m i n 46 0 , 06 7 , 30 1 , 43 7 . 26 6 , 85 1 1 8 0 4 . P r o f e s s i o n a l F e e s - A c c t & H R 19 7 . 81 2 . 47 0 , 47 9 , 85 1 1 8 0 5 . P r o f e s s i o n a l F e e s - M g m t 54 5 . 39 2 . 85 9 , 92 5 , 43 8 , 07 9 , 87 0 . 4 4 40 3 , 19 0 , 00 0 . 70 5 , 85 1 1 8 0 6 . P r o f e s s i o n a l F e e s - 55 8 , 50 0 , 05 8 , 85 1 1 8 0 7 . P r o f e s s i o n a l F e e s - C h i n a 38 6 , 80 5 , 39 5 , 58 6 , 85 1 1 8 0 9 . P r o f e s s i o n a l F e e s - T e l e m r k t l n g 86 6 . 86 3 , 50 1 , 26 6 , 37 3 , 87 1 , 85 1 1 9 0 0 . P a y r o l l - P C S P r o c e s s i n g 34 0 , 29 0 . 47 3 , 38 9 , 29 4 , 32 9 , 35 0 , 32 3 , 32 5 , 55 8 , 33 0 , 00 7 . 85 1 1 9 0 1 . P a y r o l l T a x e s - C . Ca r e - 70 0 , 73 7 , 61 0 , 99 2 , 83 8 , 12 4 , 96 0 , 00 7 , 38 0 , 52 1 , 28 0 . 15 4 , 85 1 1 9 0 2 . P a y r o l l T a x e s - C . Ca r e - 6: 1 0 , 02 5 , 52 2 , 87 6 , 16 7 , 35 7 . 4 4 13 4 . 39 3 , 54 1 , 70 3 . 44 7 , 79 1 5 0 85 1 1 9 0 3 . P a y r o l l T a x e s - A d m i n i s t r a t i o n 14 7 , 13 5 . 17 2 . 8 3 57 3 , 41 . 4 1 24 1 . 4 0 20 2 . 23 1 . 0 5 75 3 . 85 1 1 9 0 4 . P a y r o l l T a x e s - A c c o u n t i n g & H R 50 7 , 75 0 , 96 1 . 08 9 , 39 2 , 02 6 , 51 1 , 50 4 , 59 8 . 37 8 , 17 2 , 89 5 , 85 1 1 9 0 5 . P a y r o l l T a x e s - M a n a g e m e n t 69 3 . 34 2 , 65 7 , 82 3 . 94 4 , 40 0 , 62 2 , 56 8 , 18 0 , 19 8 , 42 8 . 3 3 85 8 , 85 1 1 9 0 6 . P a y r o l l T a x e s - 14 7 , 45 0 , 92 8 . 46 1 , 42 8 , 15 1 . 3 3 51 6 . 34 1 , 75 5 , 14 6 . 66 0 , 98 6 , 85 1 1 9 0 7 . P a y r o l l T a x e s - C h i n a / G O D 68 2 . 35 2 , 90 8 , 30 1 . 4 1 23 5 , 60 2 , 29 5 . 37 8 . 1 3 85 1 1 9 0 9 . P a y r o l l T a x e s - T e l e m a r k e t i n g 26 0 , 15 5 . 41 5 , 85 1 2 0 0 3 . R e n t E x p e n s e s - 4 4 4 S . F l o w e r 17 , 00 0 , 00 0 , 41 7 , 16 9 . 18 9 . 07 1 , 22 0 , 55 9 . 4 4 15 4 , 16 4 , 73 8 , 20 7 68 3 , 85 1 2 0 0 6 . R e n t E x p e n s e s - Q u i n b y B l d g 30 5 , 65 2 . 4 0 65 2 , 32 6 . 32 6 , 32 6 , 32 6 , 32 6 , 32 6 , 14 , 56 7 , 85 1 2 1 0 3 . U t i l i t i e s - E x t r a A l C & L i g h t s 18 6 , 60 7 , 62 7 , 58 6 , 87 4 , 63 1 , 66 9 . 18 3 . 85 1 2 1 0 6 . U t i l i t i e s - 90 4 . 22 2 , 49 7 , 57 4 . 56 5 . 4 3 94 2 , 61 0 , 81 2 , 61 1 , 74 0 . 85 1 2 2 0 1 . P a r k i n g - C u s ! . C a r e . L O 44 0 , 39 0 , 19 5 . 21 0 , 21 0 . 45 0 , 85 1 2 2 0 2 . P a r k i n g - C u s ! . C a r e . Ph o n e C a r d s 43 0 , 23 5 . 93 4 , 22 7 , 45 0 , 97 5 . 53 4 , 28 5 , 76 , 30 9 . 33 3 , 63 9 , 85 1 2 2 0 3 . P a r k i n g - A d m i n i s t r a t i o n 14 6 , 14 0 . 42 5 . 12 4 , 21 . 40 , 42 , 10 , 95 5 , 85 1 2 2 0 4 ' P a r k i n g - A c c o u n t i n g & H R 22 5 , 39 0 , 94 2 , 49 0 . 64 2 . 51 7 . 31 0 , 87 1 , 23 5 , 18 4 , 90 2 . 71 1 , 85 1 2 2 0 5 . P a r k i n g - M a n a g e m e n t 39 0 , 39 0 , 58 5 . 76 9 , 66 6 . 62 4 , 43 6 , 46 9 , 31 0 , 63 9 , 31 3 , 59 4 . 85 1 2 2 0 6 . P a r k i n g - 97 5 , 97 5 , 42 3 , 19 6 . 75 3 . 13 9 , 65 1 , 60 0 , 13 2 , 81 7 , 66 9 , 33 4 . 4 0 85 1 2 2 0 7 . P a r k i n g - C h i n a / G O D 31 8 . 3 9 63 0 , 67 3 , 86 , 72 5 , 25 3 , 68 9 . 85 1 2 2 0 8 . P a r k i n g - P h i l i p p i n e s 17 5 , 16 7 . 20 3 , 50 , 59 6 . 4 8 85 1 2 3 0 1 . T r a n s p o r t a t i o n M e t r o - C C a r e . 50 , 20 0 , 10 0 , 35 0 . 85 1 2 3 0 2 . T r a n s p o r t a t i o n M e t r o - C C a r e - 3! i O , 34 2 , 29 2 , 20 0 , 00 0 , 00 0 . 90 0 . 80 0 , 75 0 , 45 0 . 45 0 , 53 4 , 85 1 2 3 0 3 . T r a n s p o r t a t i o n M e t r o - Ad m 1;~ O , 42 , 42 . 50 . 22 , 21 , 29 7 . 85 1 2 3 0 4 . T r a n s p o r t a t i o n M e t r o - A c c t H R &1 . 0 0 84 . 18 4 , 15 0 , 50 , 20 0 , 20 0 , 20 0 , 15 0 , 15 0 , 35 3 . 4 3 80 5 . 4 3 85 1 2 3 0 5 . T r a n s p o r t a t i o n M e t r o - Ma n a g e m e n t 00 7 , 56 2 , 22 4 , 61 6 , 25 1 , 66 2 , 85 1 2 3 0 6 . T r a n s p o r t a t i o n M e t r o - 1i' O , 12 0 . 50 . 36 7 . 53 2 , 64 2 , 59 0 . 59 0 , 59 0 . 59 0 , 59 0 , 83 2 . 85 1 2 3 0 7 . T r a n s p o r t a t i o n M e t r o - Ch i n a / G O D 35 0 . 40 0 , 50 0 , 50 0 , 55 0 , 30 0 , 85 1 2 4 0 5 . A u t o E x p e n s e s - M a n a g e m e n t 0~ 1 7 , 84 7 . 42 7 , 99 7 , 36 9 . 85 1 2 5 0 4 . M e s s e n g e r - A c c o u n t i n g & H R 17 5 , 16 7 , 56 , 56 . 37 . 4 0 49 2 , 85 1 2 5 0 7 . M e s s e n g e r - C h i n a / G O D 13 6 . 13 6 , 85 1 2 6 0 2 . T r a v e l E x p e n s e s - C C a r e - 14 , 14 , 85 1 2 6 0 3 . T r a v e l E x p e n s e s - A d m i n . 65 , 21 , 10 0 , 65 4 , 84 1 , 85 1 2 6 0 5 . T r a v e l E x p e n s e s - M g m t 8,, 53 3 , 84 8 , 79 6 . 4 3 33 1 , 29 4 , 20 7 , 54 0 , 28 5 , 32 4 , 99 4 , 85 1 2 6 0 6 ' T r a v e l E x p e n s e s - 85 1 , 20 7 , 62 4 , 49 8 , 56 3 , 74 7 , 74 6 , 02 0 , 51 2 . 84 7 , 62 1 . 1 5 85 1 2 6 0 8 . T r a v e l E x p e n s e s - P h i l i p p i n e s 32 6 , 70 3 , 02 9 , 85 1 2 7 0 3 . R e n t a l E q u i p m e n t - A d m . 56 . 24 0 , 24 0 , 24 0 . 77 8 , 85 1 2 7 0 6 . R e n t a l E q u i p m e n t - 72 1 , 61 , 78 2 , 85 1 2 8 0 2 . A d v e r t i s i n g - C . Ca r e - 69 5 , 69 5 , 85 1 2 8 0 3 . A d v e r t i s i n g - A d m i n i s t r a t i o n 2€ 8 , 18 2 , 35 , 79 6 , 28 2 . 85 1 2 8 0 4 . A d v e r t i s i n g - A c c o u n t i n g & H R 20 0 . 29 8 , 49 8 . 85 1 2 8 0 5 . A d v e r t i s i n g - M a n a g e m e n t 35 , 21 0 , 14 0 , 14 0 , 12 2 , 41 0 , 05 7 , 85 1 2 8 0 6 . A d v e r t i s i n g - 56 5 , 66 0 , 22 5 , 85 1 2 8 0 7 . A d v e r t i s i n g - C h i n a / G O D 13 3 , 25 9 . 03 0 , 63 4 . 4 0 05 6 . 4 0 85 1 2 9 0 7 . P r e o p e n i n g E x p e n s e s - C h i n a / G O D 05 2 , 54 8 , 52 6 , 57 0 , 69 6 , 85 1 3 0 0 3 . P o s t a g e - S. M a l l - A d m i n , 20 0 , 20 0 . 10 . 37 3 . 22 2 , 21 5 , 21 5 , 21 5 , 21 5 , 86 9 , 85 1 3 0 0 4 . P o s t a g e - Ma l i - A c c t & H R 85 1 3 0 0 7 . P o s t a g e - S. M a i l - C h i n a / G O D 85 1 3 0 0 8 . P o s t a g e - S. M a i l - P h i l i p p i n e s 85 1 3 1 0 1 . P o s t a g e - Ov e r n i g h t - C C - 85 1 3 1 0 3 . P o s t a g e . Ov e r n l g h t . A d m i n . 48 1 . 4 3 21 2 , 10 6 , 29 . 24 . 21 , 76 . 19 , 33 , 00 6 , 85 1 3 1 0 4 ' P o s t a g e . Ov e r n i g h t - A c c t & H R 32 , 86 , 80 , 12 1 . 4 3 95 . 4 3 34 , 78 , 11 3 , 69 , 65 , 96 , 87 5 , 85 1 3 1 0 5 . P o s t a g e - O v e r n l g h t - M a n a g e m e n t 33 , 19 2 . 4 4 33 1 , 59 . 23 6 , 38 . 20 . 77 . 99 8 , 85 1 3 1 0 6 . P o s t a g e - Ov e r n i g h t - 76 , 96 . 89 . 12 0 . 47 , 61 , 13 2 , 26 , 12 8 . 4 9 76 , 89 0 . 74 7 , 85 1 3 1 0 7 . P o s t a g e . Ov e r n l g h t - C h i n a / G O D 87 . 4 2 84 , 77 . 4 8 75 , 21 . 6 3 15 5 . 50 1 , 85 1 3 1 0 8 . P o s t a g e - Ov e r n i g h t - P h i l i p p i n e s 64 . 64 . Pa g e 2 , 4 ; . 16 P M BA K C o m m u n i c a t i o n s L L C 01 / 1 5 / 0 3 Pr o f i t & L o s s Ac c r u a l B a s i s Ja n u a r y t h r o u g h N o v e m b e r 2 0 0 2 Ja n 0 2 Fe b 0 2 Ma r 0 2 Ap r 0 2 Ma y 0 2 Ju n 0 2 Ju l 0 2 Au g 0 2 Se p 0 2 Oc t 0 2 No v 0 2 TO T A L 'n _ . _ _ - - . . - - . . -- _ . _ ' _ n _ . _ _ _ - - . - 85 1 3 2 0 6 . F r e i g h t & D e l i v e r y - 48 6 . 31 . 0 0 51 7 , 85 1 3 3 0 3 . B i l l i n g / M a i l i n g - O n e P l u s 25 , 37 6 , 07 5 , 46 3 , 33 4 , 01 7 , 72 3 9 7 56 4 . 77 3 , 83 7 , 25 9 , 13 , 70 2 , 23 4 12 9 . 85 1 3 3 0 7 . B i l l i n g / M a i l i n g - C h i n a l G D D 00 0 41 2 , 68 6 , 87 2 . 90 6 , 99 0 , 86 7 , 85 1 3 3 0 8 . B I l l i n g / M a i l i n g - P h i l i p p i n e s 41 2 , 66 4 , 27 9 , 11 1 , 46 7 . 4 3 85 1 3 4 0 3 . T a x C o m p l i a n c e - O n e P l u s 33 0 , 17 0 , 93 0 . 00 0 , 52 4 , 14 4 , 09 8 , 85 1 3 6 0 1 . T e l e p h o n e E x p e n s e s - C . Ca r e . (; 0 9 , 50 9 , 85 1 3 6 0 2 . T e l e p h o n e E x p e n s e s - C , Ca r e . 76 , 75 , 85 . 85 . 4 2 88 . 86 , 49 8 . 2 5 85 1 3 6 0 3 . T e l e p h o n e E x p e n s e s - A d m l n l s t r a (; 8 6 . 10 7 , 80 3 . 4 9 1, 4 5 5 , 93 5 , 85 7 , 88 0 . 99 1 , 61 4 . 14 6 , 16 1 , 64 1 , 85 1 3 6 0 4 . T e l e p h o n e E x p e n s e s - A c c t . & H R 91 , 90 , 90 , 90 , 91 , 90 , 91 , 92 . 73 0 , 85 1 3 6 0 5 . T e l e p h o n e E x p e n s e s - M g m t 49 1 , 47 4 , 88 2 , 64 2 , 56 2 , 34 7 . 33 9 , 34 9 , 37 2 . 7 8 56 6 . 4 2 65 5 , 68 4 , 85 1 3 6 0 6 . T e l e p h o n e E x p e n s e s - 61 5 . 97 3 . 4 6 56 4 51 2 , 86 4 , 01 8 , 09 5 , 85 9 , 27 5 . 26 1 , 56 6 , 60 8 , 85 1 3 7 0 1 ' O f f i c e S u p p l i e s - C . Ca r e - 13 0 , 15 , 16 2 , 30 8 . 3 9 85 1 3 7 0 2 . O f f i c e S u p p l i e s - C . Ca r e - 20 7 , 63 , 16 9 . 17 6 , 35 5 , 24 2 , 36 , 26 1 , 85 1 3 7 0 3 . O f f i c e S u p p l i e s - A d m i n i s r a t l o n 66 2 , 55 2 . 74 1 , 80 2 . 97 6 , 25 8 . 7 7 15 7 , 32 7 , 35 7 , 95 8 , 56 5 . 84 2 , 85 1 3 7 0 4 . O f f i c e S u p p l i e s - A c c t n g & H R 31 9 , 36 2 , 29 9 , 95 , 16 1 , 14 7 , 50 4 , 65 0 , 28 0 , 43 5 . 15 5 . 41 2 , 85 1 3 7 0 5 . O f f i c e S u p p l i e s - M a n a g e m e n t 23 8 , 32 , 25 6 , 13 8 , 10 8 , 43 , 81 7 , 85 1 3 7 0 6 ' O f f i c e S u p p l i e s - 83 3 , 16 2 , 17 7 , 15 2 , 80 3 . 63 4 , 33 9 . 4 8 10 9 . 4 5 80 2 , 14 0 , 17 7 . 4 8 33 3 , 85 1 3 7 0 7 . O f f i c e S u p p l i e s - C h l n a l G D D 39 8 . 4 0 33 7 , 97 6 , 43 , 81 3 , 06 4 , 63 4 , 85 1 3 8 0 2 . O f f i c e E q u i p . E x p , - C C - 53 0 . 53 0 , 85 1 3 8 0 3 . O f f i c e E q u i p . E x p . - A d m l n l s t r a t 83 0 , 83 0 , 85 1 3 8 0 4 . O f f i c e E q u i p , E x p . - A c c t n g . & H R 35 2 , 31 8 . 30 , 70 1 , 85 1 3 8 0 5 . O f f i c e E q u i p . E x p , - M a n a g e m e n t 35 0 , 95 1 , 30 0 , 60 1 , 85 1 3 8 0 6 . O f f i c e E q u i p . E x p . 95 . 98 7 . 40 7 . 96 9 , 10 5 . 75 , 92 1 . 4 2 73 , 63 4 , 85 1 3 8 0 7 . O f f i c e E q u i p , E x p . - C h l n a l G D D 10 2 , 47 9 , 00 0 , 58 1 . 85 1 4 0 0 3 ' D e p r e c i a t i o n E x p e n s e s - A d m 79 4 , 79 4 . 90 2 . 4 6 18 0 . 18 0 . 30 7 , 30 7 , 30 7 , 72 7 , 90 9 , 91 0 , 32 0 , 85 1 4 0 0 6 . D e p r e c i a t i o n E x p e n s e s - 40 0 , 40 0 , 40 0 . 40 0 , 16 , 4 0 0 , 40 0 . 16 , 4 0 0 , 38 2 , 80 6 , 95 7 , 95 7 , 19 1 90 6 , 85 1 4 1 0 3 . A m o r t i z a t i o n E x p e n s e s - A d m 00 0 , 00 0 , 00 0 , 00 0 , 85 1 4 4 0 6 ' R e p a i r s & M a l n l l E q u l p . I T - 4 4 4 50 7 . 4 3 27 . 0 6 69 2 , 98 4 . 27 , 23 6 , 4,4 7 5 , 85 1 4 5 0 3 . R e p a i r s & M a i n l i B l d g - A d m i n 51 , 51 , 85 1 4 6 0 6 . R e p a i r s & M a l n l l E q u l p - IT . Qu l n 09 6 , 04 4 , 26 6 , 09 6 , 05 0 , 34 6 . 4 9 22 4 , 80 3 . 50 9 , 48 2 , 26 9 , 17 9 18 9 . 85 1 4 7 0 5 . C o m p o S o f t w a r e / l i c e n s e - M g m t 66 . 66 , 85 1 4 7 0 6 . C o m p . So f t w a r e / L l c e n s e - 75 9 . 13 4 , 50 6 . 4 0 43 1 , 49 9 . 11 1 , 42 4 , 55 2 . 40 7 , 85 1 5 1 0 3 . T a x e s S t a t e s - A d m i n i s t r a t i o n 80 5 , 11 0 , 19 5 , 26 3 . 98 8 . 0 1 27 2 . 53 8 , 63 0 , 72 5 , 10 1 , 62 9 . 85 1 5 2 0 3 . T a x e s C o u n t i e s - A d m i n i s t r a t i o n 89 , 27 1 , 06 7 , 42 8 , 85 1 5 2 0 7 . T a x e s C o u n t i e s - C h l n a / G D D 91 , 91 , 85 1 6 0 0 3 . I n s . E x p . B u s i n e s s P k g . - A d m i n (1 6 0 , 86 0 . 2 5 83 9 . 2 5 02 5 . 02 5 , 02 5 , 02 5 . 02 5 , 02 5 . 02 5 , 73 6 , 85 1 6 0 0 5 . L i f e I n s . E x p - M a n a g e m e n t 75 0 , 46 0 . 42 6 , 37 7 . 8 8 01 3 , 85 1 6 1 0 1 . I n s . E x p . W o r k e r ' s C o m p , - C C - 84 , 10 9 , 32 6 , 12 4 . 22 9 , 14 0 , 12 0 . 12 5 , 82 , 20 1 , 16 5 , 71 0 . 85 1 6 1 0 2 . I n s . E x p , W o r k e r ' s C o m p . - C C - :1 0 5 . 4 5 25 2 . 25 3 . 91 6 . 4 6 77 0 . 4 6 23 2 . 92 1 . 23 3 , -6 9 2 , 30 5 . 16 4 , 66 1 . 6 0 85 1 6 1 0 3 . I n s . E x p , W o r k e r ' s C o m p . - A d m 16 , 16 , 24 , 63 . 34 , 18 . 50 9 . 57 9 , 25 , 78 1 . 4 2 85 1 6 1 0 4 . I n s . E x p . W o r k e r ' s C o m p . - A c c t 15 4 , 20 5 , 32 0 , 39 9 . 42 9 , 24 9 , 64 7 . 37 8 . 4 1 20 6 , 37 9 . 4 7 16 5 , 12 2 , 85 1 6 1 0 5 . I n s . E x p . W o r k e r ' s C o m p . - M a n a g 20 0 , 20 7 , 27 7 . 21 4 . 25 4 . 21 4 , 67 . 4 2 15 9 , 12 , 11 9 , 79 , 80 7 , 85 1 6 1 0 6 . I n s . E x p , W o r k e r ' s C o m p . :;: 2 8 , 28 7 , 36 3 , 41 7 , 54 8 , 35 6 , 93 2 , 35 1 , 38 3 . 58 5 , 41 6 , 10 3 , 85 1 6 1 0 7 . I n s . E x p . W o r k e r ' s C o m p - C h l n a 64 , 12 9 . 19 3 . 4 0 23 0 , 66 , 49 2 , 35 8 , 53 5 , 85 1 6 1 0 9 . I n s . E x p . W o r k e r ' s C o m p - Te l e m k t 31 , 18 , 49 . 85 1 6 2 0 1 . I n s . H e a l t h - C . Ca r e - E: 9 3 , 29 8 , 76 0 . 74 9 , 36 1 , 46 5 , 85 1 6 2 0 2 ' I n s , H e a l t h - C , Ca r e . Ph o n e C r d s c\ 4 1 , 88 94 0 , 44 7 , 09 6 , 05 5 , 39 8 . 4 8 90 1 . 2 1 93 5 . 66 6 . 4 1 58 3 , 31 2 . 4 8 37 8 , 85 1 6 2 0 3 . I n s . H e a l t h - A d m i n i s t r a t i o n (: 2 1 , 46 3 , 99 3 , 85 1 6 2 0 4 . I n s . H e a l t h - A c c o u n t i n g & H R :, 7 2 , 63 1 . 4 8 64 8 . 6 6 67 4 , 00 5 . 82 4 , 08 3 , 11 8 , 10 1 , 91 2 , 01 4 , 38 8 , 85 1 6 2 0 5 . I n s . H e a l t h - M a n a g e m e n t 77 6 , 32 7 , 57 2 , 33 2 , 34 7 , 33 2 . 58 5 . 4 1 35 0 , 56 7 . 4 1 39 1 , 58 0 . 85 1 6 2 0 6 . I n s . H e a l t h - :;: 0 3 , 57 2 , 28 5 , 05 1 , 27 8 , 84 4 , 52 9 , 91 5 . 30 8 , 25 3 . 4 8 08 8 . 8 0 76 1 , 85 1 6 2 0 7 . I n s . H e a l t h - C h l n a l G D D 12 5 , 22 2 , 59 2 , 62 0 , 60 6 , 98 9 , 15 6 , 85 1 6 3 0 5 ' D u e s & S u b s c r i p t i o n s 00 0 , 00 0 , 85 1 6 5 0 3 . B a d D e b t s - A d m 28 8 . 00 0 , 30 0 . 47 6 , 96 9 , 96 3 . 21 0 , 97 2 , 85 4 . 09 6 , 85 1 7 0 0 3 ' B a n k C h a r g e s - A d m i n i s t r a t i o n 18 8 , 93 3 , 77 3 , 86 1 , 69 9 , 88 5 , 97 5 . 22 8 , 27 1 , 69 1 . 4 1 54 2 , 67 4 . 85 1 7 1 0 3 ' B . i n k C o m m i s s i o n s - A d m l n l s t r a t l 08 2 , 71 5 , 79 7 , 85 1 7 5 0 3 . I n te r e s t E x p e n s e s - A d m i n 49 2 , 59 5 . 4 9 67 6 , 26 9 . 4 8 83 1 , 88 2 , 56 1 , 32 0 , 16 5 , 50 1 , 14 8 . 12 3 44 5 , 85 1 9 9 0 3 . M i s c e l l a n e o u s E x p . - A d m 15 , 25 , 85 2 1 0 0 3 ' I n c o m e T a x e s 60 0 , 60 0 , .. . ,, - , .. - - - . . . _ - - n _ - , - - - - - - - . . - - . . . . . . "" - - " " - - . . , - - .. . - . - - _ _ . n To t a l E x p e n s e 27 9 13 3 , 28 9 39 9 , 31 8 84 9 . 28 9 93 6 . 29 1 64 8 . 6 1 28 6 30 9 . 30 5 , 65 0 , 38 1 45 9 , 39 3 68 8 , 52 0 24 4 , 47 6 05 5 , 83 2 37 6 . - , , - - __ - __ ' Ne t I n c o m e 57 5 , 03 6 . 51 0 , 66 7 , 27 2 . 31 7 . 87 3 . 61 7 . 76 1 . 26 6 , 17 , 06 9 . 22 8 63 3 , Pa g e 3 4:4l.PM BAK Communications LLC Balance Sheet As of November 30, 2002 01/15/03 Accrual Basis ASSETS Current Assets Checking/Savings 1101000. Union Bank-4500162770-General 1102000 . Union Bank-4500162959-CreditCrd 1103000' Union Bank-4500162991.0nePlus 1104000. Union Bank-4500163009 Philippin 1105000. Union Bank-4500163157-Payroll 1106000. Union Bank-4500164161-GDD Genrl 1107000. Union Bank-4500164196-GDD CrCd 1108000' Tax Compliance - Atlantax 1109000 . Petty Cash Total Checking/Savings Accounts Receivable 1201000. Accounts Receivable 1201001 . Accounts Receivable. One Plus 1201002. Accounts Receivable - GDD 1201003. Accounts Receivable-Philippines 1201004. Accounts Receivable-Collections 1201006. Allow. for Doubt. Accts One Plu Total Accounts Receivable Other Current Assets 1201009. AIR - Employee Advances 1301020. Prepaid - Latino CC/Protel 1301030. Prepaid - QWEST 1301035' Prepaid - Qualnet 1301045. Prepaid - CNM Network Inc 1301050. Prepaid - Mercury/Sterling 1301060. Prepaid. Equity/Affinity 1301065' Prepaid -ICG Communications 1301066 . Prepaid - ITXC Corp 1301070. Prepaid. T-House 1301075. Prepaid - CM Tel (USA) - China 1301085 . Prepaid - Xspedius 1301090 . Prepaid - PLDT - Philippines 1301095. Prepaid - XO Communications 1301097. Prepaid - Traffic - One Plus 1302010 . Prepaid Expenses 1303050 . Exchange 1304009. Deferred Origination Fees 1304011 . Prepaid - China Project 1304012 . Prepaid - Philippines Project 1304018. Prepaid - Philippines Call Ctr 1304050 . Prepaid. Local Call Program 1305000. Prepaid Insurance - General 1306000 . Prepaid- R~. Comp!icmc~ S:-..c~ 1307000. Prepaid. Maintenance Total Other Current Assets Total Current Assets Fixed Assets 1401110. Furniture and Fixtures 1401120' Equipment - Office 1401130' Equipment. Switch 1401190. Organization Cost 1401210. Accumulated Depreciation F & F 1401220. Accumulated Depr. Equip.Office 1401230' Accumulated Dep. Equip - Switch 1401290. Accumulated Amort. Org. Cost Total Fixed Assets Other Assets 1501010' Security Deposits Nov 30, 02 388 895. 205. 931. 16,926. 440. 154,835. 16,974. 500. 500. '--,------ 655,327. 530 654. 203 640. 260 047. 60,674. 19,367. 093. 038 291. 099. 316, 005. 941. 689. 117 601. 314. 709. 017. 517, 000, 339.48 807. 605. 220 841. 253.48 135 330, 300, 289. 200. 000, 000. 392. " "'", "" vvv.IJV 206,250. ,--,.._--- 094 822. --.. -- -- n- ,--, 788,441.45 11,121.44 174 096, 922,998, 000. 649. 261. 224,707. 000. ... u.. -- ..n., 875,598. 100...n. . - -, --- Page 1 4:42 PM 01/15/03 BAK Communications LLC Balance Sheet As of November 30, 2002Accrual Basis Total Other Assets TOTAL ASSETS LIABILITIES & EQUITY Liabilities Current Liabilities Accounts Payable 2101000. Accounts Payable Total Accounts Payable Other Current Liabilities 2201000 . Other Accrued Liabilities 2201010' Accounts Payable CCS - Current 2201050. Taxes Payable - OnePlus Billing 2501050 . Accrued Payroll 2501051 . Accrued Vacations Total Other Current Liabilities Total Current Liabilities Long Term Liabilities 2501010. Accounts Payable CCS-Long Term 2501020. Sec. Deposits Payable - Cust. P 2501090 . Deferred Cost of Traffic - Call Total Long Term Liabilities Total Liabilities Equity 2601000. Capital 3900 . *Retained Earnings Net Income Total Equity TOTAL LIABILITIES & EQUITY Nov 30, 02 . ,---, --...- 100, 698,140. 855 506.u__. . _---- 855 506, 105, 923 309, 140 925, 770. 694, -'- ... - 169 805, 025 311. 155 000. 100, 160 000, -..---- , 344 100, 369,412. 500 000. 399 905, 228 633, 328 727. 698 140. Page 2 Income, i~:u =---. 63~1000 '~h.?!'~ ~-==-____._ 912,246,2~;'075 703,13 12,424 959,03--L-~78 727,67 I ._-------_.,- -:.6!E!~I!.~~~neServiC Busine~ !-___- 116.999,871 112 078,36, 110 076,71 i 102 038,50 ---_.__..___ ~02000-0n!Plus ___-------_ -L- 439.46~993 929.55.195, ____ ~302007 ~ChinaProJect .___- i 262.695.42 341 938,294 192,; 268 ~57,461 ,6302008' Philippines Project i 39,617,92 48 751,89 ! 50 917,88 53 047,67 I_u_-.--m-6303000-Otherlncome : 290,40 59,191 0_001 0.001 - ----.----- --1u.-~com!.I 2 393289,36 1 2,638 524,24 I 2 939075,22 I 3,457 267,11 I Cost of Goods Sold J- =-===-~::: -'-!'~Q!I!:.~rrierCost-PhoneCa~~- 1 641.209.29 i 1.814 542.98,140,837,81 2.6.29,723, 7401010-CarrierCost-Phone Serv. Bus, 1 80690-23: 83 803,66 i 77058,211 71 431,13! 7402000, Carrier eost- One Plus 34,663,61 I 26 396,96 I 25928,9!j 24 286,16 I :::~=-=--=~ ~~00i:~;;j';;-Co-;-t:ChinalGDD i 115 585,98: 150 452,98 129,444,52 I 118 033,28 ,,__._ 7~0~008'~!!!er t..-Philippines ___._- ~~~~ 21 450,83 22,403,87 I 23 340,98, ,-- - 7402500-LocaILoopCost-General i 58 306,871 56 768,096,671 __52,000,001 ~O30 Oth;;-c';;t-Otherlncome I 23,357,339,70 I 14 891,11 i 17 516,58 I -, - -----____,_m,_____- -_. Total COGS 1 969930,77 I 2.158,755,8412,461 661.17! 2.936 332,07: 3:42 PM 04102103 Accrual easis BAK Communications LLC Profit & Loss December 2002 through March 2003 Dee 02 Feb 03 Mar 03 TOTALJon 03 -. -- - ,-.-,.--.- -,---_u_--.-,---. 391 636, - 441 1~~ 235557, 167083, 192335, 349, 428 155, .-- -----.-.--,,------------ Gross Profit --._ u- .----- ---------- _ 32~~~~.~?68,40 :~~0.935, 226 314, 312 983, 111,2~~ 513 517, 83,312, 'DIVIOI 105, 526.679, 477414, 17,69'1,' 18,18%' 16,24%'. -- -,--.-.. .._u_.----.------- - ----------,----------,-------,--- 15,07%: ~Q1.,~ 16,64% Expenoe - -... - ~~~:I &~~~:-~:_ ~==~~1i!~ - ~ ;~:si -:~r-~~r- , - 8511004-Salarieo-Accounting&HR 22409,51 19 098,19.341,86' 20937,14' '787, : . ~: :~+f~~F~i~:~ri~a ~~~_~~= ~:= ~-- ~f~fF=~~~::;~:~ =-~::~ ~ jr~:;~.1 ~ ~=- ~~t~8511007, Salaries - GDD/LA 37.338,11 ' 21 479-59 16.699_30 : 2,688,25 ; 78,205, ::~~~~~ft~~l~J ~;~~~~=~~~.~_.~~-~:-~~~~--:~~~:~:~~' -~~~~~-=:_ ~it~ - - -=-: _~~~:- 85110~_ '!.. ~'y~~m~.~~c~u~i.'!~_ ______--~__ ~!'~9-~L5:3..~ 760.55 655.11 ; 2,498, 8511015:..0verti,"-e n~_!.ment ._____. ----.__._---______ 0~.--_----"-cQ!l_.___---9.E.Q_l__.. 0.00 O,~Q.. 851101~--O~~~i,"-~:-- __n -.- _om. n --.- - _ ~7.!7~4~____~7~C_976_14 ' _..._..?. 215~6 ___----,-___ 61~~8511017 - Overtime - GDDILA 857,83 ' 262.51 365,63 - 121,87 1 607, 8511021, Vacati~- ~~~ ~c;~~Lij:::~. ~:~-~=~~.~--=: =O-:O~:~:"--=Iai~ : I~~8 ~:. Q9 ~-- ~_ -=--=-1 85!!0~2:_~~~ation:c::us~,!,_Ca,!:~S:_---- --_.._----_____ 6)."-:~~~~88,____-- 0,00 ' 1 819. --- a.51102'!.~ V~_tio~.~,,-c unti g ~Ii~_ ---"-=-~-- ~9?40 ~~_:__ - 0-00 1 314,49- , 851~025 --_ V~catio"- - Man"-g!,!,~~_-~._--------- OO()----Q:!",--+---~cO~- 0,00 - 8511026, Vacation -IT 0,00 153,84 '153,84 634,80 942.48 8511021 - V~~i~~~i~---- -=~-=:~- ~==~==~=-9-:-qQ.. =-- !~~, 15'-- 3,062~iS; ------ 0-:-00;----- 944~ -- 851103.!--C~mpe-".~~t~0 "-: B~~P!,.~ip~i!,~s .__-----~._--_ ."-:"-!J.-__205,~O,950,00 ! 28 905, i:ii~~::~:~:-:~:~~~~~~;~~~i~~~~jr~ ---_~=- ~n.~i~6JJ;-. 3~03~~~~ ' 2 4!J. ~:~ ~=:=Jj~~Jt --- ~~~;~~~ . 851104!:_Co",~n~ati,,--n-~!J~!'i!,.___. - ------------_u_-_.__"-0 _____ QQ9-"'-9~520-=,,-,,- ~._------ ~_.__ 520,Q.. 8511Q!8~.ER4E~!ktS:-,,--nl!itJ.uIio~____. ----.-- ---E'-"-"------~EO ' 382,84 ~ 0-00 .. ~~~~ 85111Q7 : Ori~ina~i~n F.ees :.'!D.D!c::hi --_- -______n___-- _..!~3:5: ~~___~~_ 1~o.2 ~34 ____ 12,024,5O 75 7232!. 8511108 ' C,,-m,"-ission~. Philippi.!'~~- .,--_-------- .__..~"-! ~~~1 _____~,- "-!8 5J.___629 ~,!____. !j4!~----- ~~~ ::~i:~~::~~~;~:~~~~,"- ::~:__~~=-~~:~-~:=~~- ~1~~---- 9. t ._~%ci~ ~__ 1~~ ~::' ~:b~8511202, Bonuses - CCare-PC 1.750,00 0,00 , 0,00 I 0,00 1 750, ~ j511:2~:i:~,,-~~i;~~d!ni;;~ ~!!"."-=~_._-~ - 0:00 I - ---~- 0:-00 I --- 0-00 0.8511204 ' Bonuses - Accounting & HR 950.00 I 0,00 00 00 I ; 950, ._-_- - :::851120~=-B~!; ~;~';-..: M;;;;~ment ---- O,~ 0,00 O".l-- ---r--: 0, ------ - _ :85112!J.6..:..Bonuoe. -IT : 3.050.00 ' 0,00 I 0,00 ~ 0-00 ' 3.050, 8511207'Bonuses-GDDILA I 1.700,00 0,00, 0,00 0,00, 1 700, ,.- --- ~=~85!1 1!:_~f!t:!i.~~rin Chin~DD ._- 43.428,76 847,25 46 611,7~___378,20 I I 187.265, 8511301 - Employee Benefits - CCare-LD ,602,76 I 0,00 ! 36,65 : 16,50 ! ! 655, .- n ~:~5j i~o~ :.et:oy ;;'~~~~ ~c.-;;':P~ =--===--:'=::: ~!j4.i6-;- _-_n-o.oOl-s6~651 -----16~50.;-:-1:Oa7, -- . 851!30~-~~~~e~:!,dmi!".u__----------..Q,9_0~~~~-,,--L- 0,00 i ---;-_ -----E="-"-. 8511304'EmDloveeBenefots-Acct,&HR 602-80 0-00' 43,86: 16,50 ' 663, .... Page 1 of3 3:42 PM 04102103 Accrual Basis BAK Communications LLC Profit & Loss December 2002 through March 2003 Dee 02 Jan03 ! Feb03 ; Mar03 ; ' TOTAL ---,-- .~~~~' _."~~~_-- , . . "u n ___._ 8~~05-"-E.m.E~ee Bener~~.'!.agement 384.39 00 1 32,71 I 149,69 : 1 566. ___._ 851~~1!.6.:.Emp.!.oyee~errts ~___----___ ~8!371 O, ~~~, .?!IL_~22,I 1 265.47 8511307. Employee Benerrts-GDDILA . 1,483,82 0,00 243,86 1 -~~~ 1 744,w.._ --- 85.1150;-:-Te';;po~ryOffice Help-CC:L:D--------;--- 2,682,57' 1,905,' 2,850,30: 1 963.50' . 9 402. H~t ~~~~~~:~~:~~ ---~ - -~~ ~, ~~f ;~:~:~~! ~~~-~;;~:~~~~:::~; 8511507'TemporaryOfficeHelp-GDD : O,OO! 0,00 515,52 873,60 389,r-----ssI160i -=- CuS Carennst.lmpactlTHouse 837,78 242,01 583.48 0,00 I . 4863, -----.- ' 8511800, Legal Fees 00 I 0,00 ,020,15,000,00 I 25020, ~-- ;8511803' Professional Fees -Admin I 5,076.50 I 0,00 00 -o,Ooi i 5076,'m__. -- 8511804' Professional Fees -Acct & HR I (4 187,50)1 10312,50 I 17,887,50 r 3,600.00 ' ,612, ~:- -=~-=8~ii.8.~::!,!~SIOnalf ~___ 35,OO): --- 0,00 00-1--- 0,00 I i (1 535,00) ,- - - n _.__85!1~~ofes~~al Fees -IT 500,00 !00 00 -i--- 0,00 I I 1 500, . - - _m n ...a_~.:.P!ofes~.nal Fees - ChinaJG~----1-.- 0,00 540,OQ.L 0,00 I I 540, -. 8511809:~~fe!.~i~~aI.Fee~. - Tel "!!!rtJl19_. ---------- Q:~- 0,00 0,00 +-_. o. - . --. _ 8~11.~.I!.O.:.!'ayr~I.:!~!;Processing i 457,78; 557,65' 279,2.Q.L 332,84 i i 1,627. 8511901'PayroIiTaxes-Care-U) 1 331,36! 1,483,57! 758.221 698,65' , 4 271, :85~-1~~~i~~~~~!I~i;~~- ~~~~~~~--~__.!, .s83,--- 844,52 i 521~I=-n~561~00 i--8511903 ' Payroll Taxes - Administration : 0.00 ! 0,00 ' 0,00 , 0.00 1 : 0, -. - -:-8s11.:!04:'~~I'~~iii~;~~!\CE~~t~HI! =--==- ~44i68 i !~~Q?L_2~~- .:-:~:- .1.?.57 ~~_--':"~~~ 8511905' Payroll Taxes - Management 13,89 2 563,28 ' 1 551,01 : 1 847,44 : : 5 775, - : 1I 1906~'- ~a1i!,I~T~~i~jT-=-'::=-===~~---: ~--=::':':'=:=4";~~O3 :-- 5:326.61:---:oa2 ~IT ==~~:~! ~50r 16 939. - _ 85~1~~!: Payroll1a~,"!.:.~DE~ -- --- -.------- 3342.86 2 825, ~~~-,-__ 2.Q7,80 8 787, .. __ ~2.IJ0;J' Re,,'-Ex ~,!~es 444 S, FI ~~~!.__------___ ~5:'!EO ..:_ 271,11~ ~~__ OO~~_ ---,~ ,425, - 85~2~06-"-_R!~.~!,!,.'!.s!".:.9.uinby B!d.~___ ~--- 00 ,~326,30! _326~..I!.~ -. .__. .!J.~~+- : 3 978, 5~~!0;J_lJ!i!i!ies S-"~~E~.e:..~_ ._------_ !.c!_ ~~: 22 ~ 3 094,85 i 349,1,:,_- 1 157,65 , 78q,~ 8512106'Utilities-QuinbyBldg 0,00 1,767,51 2,206,23' 1 849,11 I 5,822, 8512201 '-p~;;'i'-g-c~~lc.re:-LD-._u- ----726-:-00 666,00 : 580.00 , 420,00 : 2 392, :::~~~~~:~r~::I~~;~~:~~~e ~~~==. -~ -- ~=~ ~1~_=-- 1i~I! --- L==-~i;1_L___ -=-- 8512204. Parking -Accounting & HR 515,70 : 483,00 512,00 ,450,00 1 960, 8S~205' p~rklng::~~a!ii~~C. ::_::==-=_:::::=:===-- 3i~,oo i.=672:QOT ---s7iOo :-_u_---3~~~90- ' _ -=-1, 8512206'Parldng-IT . 1 125,00: 1 110,00: 855,OO~ 840,00: 3,930. 85123jji:~~rl.in!i- :~~ aJ~D~ ==~':'-::~-=--=---==~:=_ :i8~~ :--=p!? c:::...??~~ =:~ - ~~O . =-~ ~oo - . 85!2~0~:!,a~"g ilipp~"-,,_"- --_u_u____.n_. --- ~!:.~~.L~._n 5!: ~p-,-_-,---- 264. 8512301.:..T~n ~p~~. ~~ ~e~~:_C~,!-I,()-------- -- .- -.-.pp_,-- 42, ~-- - ~J'_ -, ---. B.P._~ ":"'_ ~~QQ. 85!230~~_T~n~p~rta!,?,,Metro -=- c:f?I~~.c: -_._- --- ~O~- 0,00 : 42.00~_ ~~~~~ ---.!9~ 8512303' Transportation Metro -Adm 42,00 . 42,00 ! 53,00 ' 42,00 ' 179, : 85.12~04 ' -~,, p';~ii~~:Mit~~~~~. ~ --~==-== -. -- 150:OCJ-C----15o-:-oo-C--152~io: ~~=-:- ~=:1iCJio==-=~==-60~ s.612~~:'!~~"P?~t~./.l_~0-Man~9~111~_._--_ ..!~~, !2 163,50 176,~__._- 197,95 863, ~:1 ~~;~,~~~ ~~~t~=~~~ ~~~~~--=-=- :~;~~::~:~~ ~E=~== ~~~: ~- ~:gi.~~: 851~~0s..Au~oE.!'pens..s :~~.n~~,,!,,~nt_...________n__~3,30 O,OO! (2~~9?L-no --- 0,00 377, 8612604' Messe,,ger Acc~u,,~in ._.--._---- - u _. _ -- .56~1p---_oo- 3 ~n__ _.,- -- -- - 1~~____uu_ ---_ ~5E. 8S13507'Messe~. ....:. ~iI1~G!,Q.- n ___.__-.---_----'!. pp 0,00' 56,10' - ~p_---- 1.Q. 851250~: .Messe~ger .:_ Ph~li~iI1!'!' .-... m.__nn -nom -.- . ...QJ6 ____- .lJ: _._---"p~ ~--_. 0.00 0, 8512602. Travel Expenses.:.c;Care.-PC .. ---- -- ---_.- - - 0,_---_u.__. :._-___._ 8~ ~_._. ._--__~__n ~~~- 8~12604 :_T",v~l~x1"'.!'s,,~!-cE!- &:_flR .__ ____~~___ ~o.__...Jc :""---- . !9..1!.._____~2, , 8512605 '!~,:el ~-"p. e~...s.:. Mgm..! _- -----------_____ !22~'I!!!__n_J!JlO ~__ 308,___n_.s, ~-____ 334. . 8S12.~06 :_T~vel ~xp~n~..!i.:!T____u_._._---__ ~___ ~8~ 17_----~9~!~~~3~~3.1------ ~-,- . 5 3S2, 8512608 . ' - Trav~.. E~~. ~~. :.~h.!!!p~~es - _.__ ----'--____n ~JIP..:_-_.1_0!:!E1---o.:0o.u :'__.- --_ og 101, ., 85~~703' Re~~uEq~ip~..n.t.:~'!",:. --------- -- ~- u- - 00 .2jE.:.7~~~.__ -- .Q:CJP_------ 240, . :~~~~~L~:~~i ~~~;~~~~ gjratio=---- -=--==~- ~~:~h------~~T ~~:: -.-- _u 6~+----~fo --- --- .. - .- 8512~p5 ~.d-,:!.rt!"i~.9.:~ana~ment ------ ~_. (728,52)' 140,00 ' 35,00 ; 179,96 : (373.56) 8512806 ' Advertising .IT 0,00 : 860,06 : 70,00 0,00 , 930,u- - _ 851290i:p':;;~p~-;;;;;;iExpenses-chinaJGDC--~s49,04, 6,946,97 00: .-------0:00 ; 23496, .- :- ~8~13iJCJ:3::P~~Q~~-'-':riaii -mln : 215,00 215,00 430,00 ' 0,00 ' 860, .. _ 851~Oo.! .:.~o~~~~~~0"ai1.~!!!!",!~DD 0,00 ! 0,00 0,23 I 0,00 ' -- _-- 1.31 .:.!,os~ge.o. "!', "!!~!'.t.:E~ (6,78)1 9,79 Op_00 I 3, ~~!31.0~:.P?,!;.~:2_,:ern~ht-Acct&HR 111,88 : 85.52 96,:-- 34,07; i 328, 8513105'Postage-Ovemight-Management , 26,77 60,001 57,691 5,68 ; 150, 8513;O6-.p~;;;'g';.o~~;;'ig hi~IT------------~54,31 (25,39)51,29; 62,88 . 343, =8si31p7~';~~9~~~g!,.!.~hin&!~ p!'._____ -----3o55.35.811 186.~ 0,00 477.11 - , 85~11J.8.:-"'~s.!"g!-Ov..",~gl1!.:.!,!,iIip'p.ine~ __~~_-_ P!l- OO-f-00 ~ 0,00 ' i 7, 8513206 . Freight & Delivery .IT : 0.00 ; 52,00 ~ 0,00 i I 52, 8si33oEeii0~gJ.ri~!i~:~~~IIJ" ==----:-- .11 441,02 I 6 939,291 14 996,461 1 742,34 I 119, -. _ 8513307:. ~!~~. lMaili ,!!!. :c:!!!!",!!!"D!J._- . 34,670,23 I 22,792,57 31 303,25 i 510,00 89 276, '-_u no --, '8513308'BiliinglMailing-Philippines 3 902,591 2,755,72 2,086,20; 975,27; : 9 719, :8513403-:-:T;;';~~~pli~ -;'~ C?~~Plu~- ____ hn__ ~~ 397,85~~1__~6?6,86' 19,715, 8513601 . Telephone Expenses - C.Care-l..D ' 0,00 : 90,82:- 90,93; 91.53 I 273.2800 ., 851360i:T~. I~ph;;-~~ Ex;;;;;~-;-;:C:C;;;;-Pc-~ -:---- a6~57;-85:26i~I-119,r--~76, .. - ' 85i3603--:T~I;ph~;;-;E';pens;;-=-P.dmi;;i;rt;.. 1.454,56 : - 2,867,00 312,;-r- 1 680,09 I ; 7313:"96- 85136O'4 :T;;;ph;;~;E;P;';;'-; Acct. & HR -_u_--i------921~ 0,00 1 0,00 -- 0,00, i 92, -- 851360. -:. T;;~Ph;;~;e;p;~;;;,s - Mg ';;;------ ---:t:185,80 I - 350,88 520,52 . 599,42 : 656, :851~6~6=-T~j; p!,!,~~~ ~~..!.s.:I!_---- . 1 76Q9i ~ 1 633,95 1 981, j--, 936,OO: 7 311, 8513701 ,Office Supplies - C.Care-I..D 231.95 35,65 0,00 I 0,0'0 ' : 267, :-- -- . :851~702~~6!f~~~eeii!~c.c.re-Pc ______ 2.5,17! 43,29 0,00 i - 0.00 : 68. 8513703 ' Office Suoolles - Adminisration 1 679,32 1,147,67 849,72 ; 623,25 . 4 299, Page 2 of 3 3:42 PM 04102103 Accrual Basis BAK Communications LLC Profit & Loss December 2002 through March 2003 Dee 02 Jan 03 Feb 03 Mar 03 TOTAL00_ - ----------- 513704.OIIice Supplies-Acctn9&HR - i 1,271,101 988,80; 96,131 284,781 640, ~~......_ =-~=8~:;~':::-qffi~e ~p~~ ::-'"Ianagement 406,47 0.43 53,81U..-_- 41,24! I 501, -, --__m:.85.1~7~6..:9ff~~~upp.!!.:E"__-_._-____-i.---788,88! 340.64 135~ 84.38 i 1 1 349, '8513707. OIIice Supplies-GDDIlA : 1 680,08 599,671 O,oo! 24,89! 1 2304. .- -~ _: =-~~_ I~soi::'~';;'"ii q.;jP. ~'-~~~~~--===----=--=_-:"_- ~~~1 '=- =J':~T-- Q~-L----=- :-- OO I 951. _n________..85....1.3~().~O!'i~~Eq~ip=- ~!, Ad.!" ..!. ~trat -1..--P=-0.Q. .!.....-- 270,~ 0.: 425.00 1 695. ---~~~~..:_ CJ!!i~~_~,!uip.ExJ'.Management ,383,52 I O'~~-L---- 0,00 1 383, - -- -__ .!5.1.3~~6. OIIice Equip, Exp.IT 050,64 504,88 00 00 I I 1 555, ,--,_._____ 8~_~~c.e ~qulp-=-Exp.ChlnaJGDD 475,00 00 I 0,00 i 0,00 i I 1 475, 8513808, OIIiceEquip, Exp.Phlllppines 171,001 0,001 0,001 0.00: I 171. ---- --__.:. 514Q().~f'eJ'o:!c.I"~_OnEXpen"S-Adm ---t 4 910,29..L-..4 985,73 1 ~985,73 I 4 985,73 i '19.887, .- ----; ~5..!...~0~Qe...!'.o:!~~~~Expen"S-IT 19 957,67 j ~~ 34.464,34.464.12 I I 123290. - ----- n__:.8~!4.1~~~~r1~~~~'!.~xpenseS-Adl1l -----1-- 1000,00: 1 00Q,OO 000, , - !.c~000, :~- 3~~~~L;::;::::=~~~= 1 1 506 ~ 61 ~:~~ :L_ ~:~~ 8514502'Repalrs&Maln1lBldg-CC-PC '506.18: 0,00 I O,oo! - :_~=- ::f-:~~:~~:::~::::~::::::::::HR ~:i~::~:) ~:~ I - ~::+-~:: ~ : (~:~::::)-------' S51450S-:-R;;P;i;;;-iM;I;;iiBldg- ------'-- -----'-;SSS,17l 0,00 00 i 0,00 I 1 556, =~~i~O6-=R!p~~-M!,n~~g~___2:3ii45 'O.:QO---L-- 0,00 I ---==-_0-:00- 8514507, Repairs & MaintJBIdg oChinalGDD '536,21 0,00 ! 0,00 : 0,00 1 I 1 536, 85i460S:R~P~i;;-&M.;jn1lEq~lp-li.(i~I';- ---- 24:219,750,--,-a:s22.50- 18,903,61 695, ~~85!i -:-~~=- ~~~;~'!,i~~~:.:.c.~~ --=~~=~~-- 308,90 22,53 ~-___.....Q,P.Q.L__u_331.43 8514704 . Comp.Software/License - Acct&HR : 654,81 : 0.00 : 0,00 ! 0,00 : : 654, - -~~ ~- ~~8ii~~~';-';;p~SOftw.!~iCenSe --1r--- ~-- ~130m---o:oor----J.2.58~ 2~~ u___,8~1~_~:I..:....~_~Sta!&Administration 448.47, 380,' 38,36! ~8, .:....___ 85!_5~Q3. Ta~es Cou,,!i!s -Admin.i! ~~'!.....__-_ .J...____067.9:I"';--'!'.')E;!:~.J._ -.--!, 067'":'__h 06!, 4 271, 8516003 ,Ins, Exp. BusinessPkg.Admin 025.060.53: 1 060,53: 1 157,47; : 4 304, -- - - - =8516~~~-i;i!~"I~ :~. ~e.:.~nag;ment= '-___--,--~~__ ~~J!~1-----E7~~ ---_ -E.~_ ---.!.- 511, 8516101 'Ins Exp.~O!ke!'~~.!'_"!P-=-:_c.C:l,I)u_--_.nu. ._------_J~~, ~~_._-__--__ 1.98. - - "h--_ __- ~~,-------- ~36..:!!_ ., - - _u- 85~~!~? :..I,,'!:.~'P=- \\Io~er'. Comp.- C~ -!,~-- -- -----.:....-- ?~' ~-'--....!.!~?~i----6.!:.~L___- ~.!:.~~...:~.!!:2~ , ---- _ ~~~:1...:..I ~p~.!'.!k..!!'s Comp. - ~~'!'_------_ ----5~~7,90)~o.. ~----.!: 00 ' 0.00 I (537.90) -. --- - _ 851 0~.I~~,'P. W~ ~!':" Com~,::~c~_--- --- ----- 198.07 i 287,21 277.42 ~___ ~77.42 L......__: 1 040, 851610~--_~n!;:E.xp:',!,,~rker's Comp.- P.4.anall. ----~___-------.-!--.-- ~74--..!.1?=-~.J._--- n.....!.!2 -=- L_____ ----,--- 384 85.16!06:1,,~,E.xp.\\Iol:~~!;.C.!'.mp. .!!.__._---- , 406.09' 646.94 ! .559,.L__.Ji!i9.: 2 17.~ -.- 85~6.107 ---'-"s I~XJ',rk_er',o~p~.hjl~_ - -------'--- ____ ~85, ~~~-=- 5?..: ---- - _ 34.!,.?6_~----------2-_327, . - - ~ .- , :m~~:::~~::~i~-~;~tne~i~~:=: =---~~~~~:=== ~:~C-~ii;~x~:__:~~~f =- ~:~~ii ~i!E1~j i~~~ u : _~;= ~k :~~ii=:~' :~c !~' - L - :~~! -- 8516207 :..lns'fleal~h - ~hina/Gp !)___---_-~- - _ .6~4..!Q.____2O4 ~~...:__ ~~7.._-J~6,38), 3465, -- 85163().~_(),!!S ~~_ u.!'~rlpt~0'!.~-- ------- ----- - --------_ .J 3~,QQ - --_ ?:.000_L_--.Q,Opj------- ~~~~-_.!._----.?, ~~5 85165.03.:.. Bad o..b!s _--_- --- _ _____n ___- _ ~84 ~I!__-~RO!!:5.!!--_0.:2o.__ ___ 2.sz:, ~--____ 1.9751,7.6. 8~17Q03 -Ba,,~Ch~!g~!~----------- _n_--___ ";-- - -- ~~~~~3~~2 ..J., ~!"~~--'----- -,- Q!J-- ~-_?~!!~~~ ~::~~J~~~;:i:~~~~~~ ~~~~s ~~-~=~~_---~-== 3~~i---=~~:~ . 1 ~B~ ~ --- ~ ...-:d~~:~~ ; -+;~~:~~ 85.1!~_Jn.!.eresJ_E~.!!!;"~__------~-__ ___~~~_ ~951 ~~_ ~79 __--__ ~,?!~:,!P ; 52 711, - _ 8~9?_~:Mi"cel,!n,:0u,,-~xp. --~---- --- 0,00 ' 0,00 , 00 : 0_00 I 0, Total ~~pense - -- --- _n__--_______n___, n_____- 501 837_89 488,835-26' 442 199,56 379.614,69 790,487.40 ----------- u_n_- --- '"-- (78,479.30),12,933,35,214,141,320.35 110 988.Net Income __m___- '" --- -- __m--_____-------------------- .. -------------~------------ Please note Dec. thru Feb Actuals___--n --__,m_,____---------- -- Not"--_,,,arch. C -,- q.s.. estimated on income S~tement Bal. Sheet & Cash Flow not available for March --,---;-----:------~-- Page 3 of 3 -- 4:01 PM 04/02/03 BAK Communications LLC Balance Sheet As of February 28, 2003Accrual Basis ASSETS Current Assets Checking/Savings 1101000. Union Bank-4500162770-General 1102000 . Union Bank-4500162959-CreditCrd 1103000' Union Bank-4500162991-0nePlus 1104000. Union Bank-4500163009 Philippin 1105000. Union Bank-4500163157-Payroll 1106000. Union Bank-4500164161-GDD Genrl 1107000. Union Bank-4500164196-GDD CrCd 1108000. Tax Compliance - Atlantax 1109000 . Petty Cash Total Checking/Savings Accounts Receivable 1201000. Accounts Receivable 1201001 . Accounts Receivable - One Plus 1201002. Accounts Receivable - GDD 1201003 . Accounts Receivable-Philippines 1201004' Accounts Receivable-Collections 1201006' Allow. for Doubt. Accts One Plu Total Accounts Receivable Other Current Assets 1201009. AiR. Employee Advances 1301010. Prepaid. Global Crossing 1301016' Prepaid - CCS-Qwest #1 1301020. Prepaid - Latino CC/Protel 1301025 . Prepaid - Arbinet-theexchange 1301030. Prepaid - QWEST 1301035. Prepaid - Qualnet 1301045 . Prepaid - CNM Network Inc 1301050. Prepaid - Mercury/Sterling 1301053. Prepaid - Ntera 1301055. Prepaid - PaeTec 1301060. Prepaid - Equity/Affinity 1301065' Prepaid -ICG Communications 1301066' Prepaid -ITXC Corp 1301070. Prepaid - T-House 1301075' Prepaid. CM Tel (USA) - China 1301085' Prepaid - Xspedius 1301090. Prepaid - PLDT - Philippines 1301095. Prepaid. XO Communications 1301097' Prepaid - Traffic. One Plus 1302010. Prepaid Expenses 1303050. Exchange 1304009. Deferred Origination Fees 1304011 . Prepaid - China Project 1304012. Prepaid - Philippines Project 1304018. Prepaid. Philippines Call Ctr 1304050. Prepaid - Local Call Program 1304060 . Prepaid - Phone Card Printing 1305000 . Prepaid Insurance - General 1306000 . Prepaid. Reg. Compliance Srvcs 1307000 . Prepaid. Maintenance Total Other Current Assets Total Current Assets Fixed Assets 1401110' Furniture and Fixtures 1401120. Equipment. Office 1401130. Equipment - Switch 1401190. Organization Cost 1401210. Accumulated Depreciation F & F 1401220. Accumulated Depr. Equip.Office Dec 31 Jan 31, 03 Feb 28, 03 ---- 370 022.389,921.209,118, 926.316.11,854. 756,300,676. 943,29,033,165. 280.214.13,046. 764.775.52,670. 284.23,408,666. 500.500,500. 500,500,500, 399,418.530 542.40 285 105. 507 109.354 168.854 732. 138,880.121 614.135 487, 346,346.457 121.09 474 967. 63,402,79,906.115,858. 18,750,17,455.16,299. 57,833,64,442,442, ----------- 016,656.965,823.532 902. 034.48 180.239. 11,423,11,423.11,423, 911.45 316.316.316. 000,000,675. 005. 89,096.88,956.308. 139.26,742.475, 842,887.064. 000. 055.056.056. 79,314.79,314.79,314, 709.709.709. 024.200.803. 12,512,17,377.14 729, 000.000.000. 4,489.4,489.4,489, 383.074.656, 605.605.605. 256,841,236,041,236,041. 36,723.315.271. 170 330.780.39,180. 584.037.306, 600. 200.200.200, 39,548,935,208. 000,564.564. 49,521.455. 726.665.10,605. 000.333,666. 187,500,168,750.150,000, 205,008.065,995.019,152. 621,083.562 361.837,159, 11,835,835.11,835. 175 047.175,047.176,903, 927 651.064 259.067 847. 60,000.60,000.60,000. 537.660.783. 58,283,63,145.68,008. Page 1 4:01 PM 04/02/03 BAK Communications LLC Balance Sheet As of February 28, 2003Accrual Basis 1401230' Accumulated Dep. Equip. Switch 1401290' Accumulated Amort. argo Cost Total Fixed Assets Other Assets 1501010' Security Deposits Total Other Assets TOTAL ASSETS LIABILITIES & EQUITY Liabilities Current Liabilities Accounts Payable 2101000' Accounts Payable 2201010. Accounts Payable - CCS-Current 2201070 . Accounts Payable - GDD Total Accounts Payable Other Current Liabilities 2201011 . Accounts Payable CCS - Current 2201020 . Notes Payable - Shareholders 2201050 . Taxes Payable. OnePlus Billing 2201060. Taxes - Unpaid to Carriers 2501050. Accrued Payroll 2501051 . Accrued Vacations 2501070 . Accrued Health Insurance Total Other Current Liabilities Total Current Liabilities Long Term Liabilities 2501000. Notes Payable Shareholders 2501020. Sec. Deposits Payable - Cust. P 2501090' Deferred Cost of Traffic - Call Total Long Term Liabilities Total Liabilities Equity 2601000. Capital 3900 . *Retained Earnings Net Income Total Equity TOTAL LIABILITIES & EQUITY Dec 31, 02 Jan 31, 03 Feb 28, 03 244 665.279,069.313 533. 000.15,000.16,000. 856,049.952,267.917 260. 34,100.100.34,100. 34,100,100.100. 511,232.548,729.788,520. ----. 698,600.512 783.682,237. 708,468, 229, --- --'---,----.-.. 698,600.512 783.448 935. 656,369.680 965, 300 000.300 000,300 000, 263.526,125 763, 016.49 10,589. 872,53,996.46,440. 40,298.38,582.36,044, 887,562. ------ __on 102,803.181 976.520,400.--______n- ---- 801,404.694 759,969 336, 175,000,150,000,125 000, 29,100.100.100, 248,144.404 353.359 353. -.------ 452 244,583,453.513,453. ------------ 253 648.278,212.5,482,789. 500,000.500,000.500,000. 392,570.242,416,242,416.43 150,154.933.48,147. --- 257 583,270,516.305,731. ---- 511,232.548,729.788,520. ----------------------- Page 2 4:10 PM 04/02103 BAK Communications LLC Statement of Cash Flows February 2003 OPERATING ACTIVITIES Net Income Adjustments to reconcile Net Income to net cash provided by operations: 1201000' Accounts Receivable 1201001 . Accounts Receivable - One Plus 1201002' Accounts Receivable - GDD 1201003. Accounts Receivable-Philippines 1201004 . Accounts Receivable-Collections 1201009. AIR - Employee Advances 1301016' Prepaid - CCS-Qwest #1 1301025' Prepaid - Arbinet-theexchange 1301035. Prepaid - Qualnet 1301045 . Prepaid - CNM Network Inc 1301050. Prepaid - Mercury/Sterling 1301053. Prepaid - Ntera 1301066. Prepaid -ITXC Corp 1301070' Prepaid - T-House 1301090' Prepaid - PLDT - Philippines 1302010. Prepaid Expenses 1303050' Exchange 1304009' Deferred Origination Fees 1304018' Prepaid - Philippines Call Ctr 1304050 . Prepaid - Local Call Program 1304060' Prepaid - Phone Card Printing 1305000. Prepaid Insurance - General 1306000. Prepaid - Reg. Compliance Srvcs 1307000. Prepaid - Maintenance 2101000. Accounts Payable 2201010. Accounts Payable - CCS-Current 2201070. Accounts Payable - GDD 2201011 . Accounts Payable CCS - Current 2201050. Taxes Payable - OnePlus Billing 2201060. Taxes - Unpaid to Carriers 2501050. Accrued Payroll 2501051 . Accrued Vacations 2501070. Accrued Health Insurance Net cash provided by Operating Activities INVESTING ACTIVITIES 1401120. Equipment - Office 1401130 . Equipment - Switch 1401210. Accumulated Depreciation F & F 1401220' Accumulated Depr. Equip.Office 1401230. Accumulated Dep. Equip - Switch 1401290. Accumulated Amort. Org. Cost Net cash provided by Investing Activities FINANCING ACTIVITIES 2501000. Notes Payable Shareholders 2501090 . Deferred Cost of Traffic - Call Net cash provided by Financing Activities Net cash increase for period Cash at beginning of period Cash at end of period Feb 03 ~--- 214.49 500,564. 13,872. 17,845, 35,951. 155. 59. 26,911. 324. 647. -46 217. 99,952. 000. 602. 647. 581. 043, 600. 11,731. 272. 23,000, 934. 060. 666, 18,750, 169,454. 708,468. 58,229, 680,965, 236. 573, 555, 538, 674. --------- 210 443, 856. 587. 123, 862.44 34,464. 000. -~- 35,006. 000. -45,000, 70,000. 245,436, 530 542. 285,105. --------- Page 1 4:09 PM 04/02/03 BAK Communications LLC Statement of Cash Flows January 2003 OPERATING ACTIVITIES Net Income Adjustments to reconcile Net Income to net cash provided by operations: 1201000. Accounts Receivable 1201001 . Accounts Receivable - One Plus 1201002' Accounts Receivable - GDD 1201003. Accounts Receivable-Philippines 1201004 . Accounts Receivable-Collections 1201006. Allow. for Doubt. Accts One Plu 1201009. AiR. Employee Advances 1301025' Prepaid - Arbinet-theexchange 1301030. Prepaid - QWEST 1301035' Prepaid - Qualnet 1301045' Prepaid - CNM Network Inc 1301050' Prepaid - Mercury/Sterling 1301055' Prepaid - PaeTec 1301066' Prepaid -ITXC Corp 1301070. Prepaid - T-House 1301090. Prepaid. PLDT - Philippines 1301097' Prepaid - Traffic - One Plus 1302010' Prepaid Expenses 1303050' Exchange 1304009' Deferred Origination Fees 1304011 . Prepaid - China Project 1304018. Prepaid - Philippines Call Ctr 1304050 . Prepaid - Local Call Program 1304060 . Prepaid - Phone Card Printing 1305000 . Prepaid Insurance. General 1306000. Prepaid. Reg. Compliance Srvcs 1307000. Prepaid - Maintenance 2101000' Accounts Payable 2201011 . Accounts Payable CCS - Current 2201050. Taxes Payable - OnePlus Billing 2201060. Taxes. Unpaid to Carriers 2501050. Accrued Payroll 2501051 . Accrued Vacations 2501070. Accrued Health Insurance Net cash provided by Operating Activities INVESTING ACTIVITIES 1401130. Equipment - Switch 1401210. Accumulated Depreciation F & F 1401220. Accumulated Depr. Equip.Office 1401230. Accumulated Dep. Equip - Switch 1401290. Accumulated Amort. Org. Cost Net cash provided by Investing Activities FINANCING ACTIVITIES 2501000. Notes Payable Shareholders 2501090. Deferred Cost of Traffic - Call Net cash provided by Financing Activities Net cash increase for period Cash at beginning of period Cash at end of period Jan 03 12,933, 152 941. 265. 110 774. 16,503. 294. 609. 146. 000. 16,005. 140. 53,881. 045. 176. 865. 308. 799. 6,407. 130,550. 547, 600, 387. 564. -49 521. 060. 666. 18,750, 185,817. 595.49 35,263. 016.49 12,124, 715. 887. --------- 134. 136 608.41 123, 862.44 404. 000. 96,218. 25,000. 156,208. 131 208. 131 124. 399,418, 530,542. ---.---- Page 1 4:07 PM 04/02/03 BAK Communications LLC Statement of Cash Flows December 2002 OPERATING ACTIVITIES Net Income Adjustments to reconcile Net Income to net cash provided by operations: 1201000 . Accounts Receivable 1201001 . Accounts Receivable - One Plus 1201002. Accounts Receivable - GDD 1201003. Accounts Receivable-Philippines 1201004' Accounts Receivable-Collections 1201006. Allow. for Doubt. Accts One Plu 1201009. AIR - Employee Advances 1301010. Prepaid - Global Crossing 1301025. Prepaid - Arbinet-theexchange 1301035. Prepaid - Qualnet 1301045' Prepaid - CNM Network Inc 1301050. Prepaid - Mercury/Sterling 1301055. Prepaid - PaeTec 1301066 . Prepaid - ITXC Corp 1301070. Prepaid - T-House 1301085' Prepaid - Xspedius 1301090. Prepaid - PLDT - Philippines 1301097. Prepaid - Traffic - One Plus 1302010. Prepaid Expenses 1303050. Exchange 1304009 . Deferred Origination Fees 1304011 . Prepaid - China Project 1304018. Prepaid - Philippines Call Ctr 1304050 . Prepaid - Local Call Program 1305000 . Prepaid Insurance - General 1307000. Prepaid - Maintenance 2101000 . Accounts Payable 2201000 . Other Accrued Liabilities 2201011 . Accounts Payable CCS - Current 2201020 . Notes Payable - Shareholders 2201050 . Taxes Payable - OnePlus Billing 2501050. Accrued Payroll 2501051 . Accrued Vacations Net cash provided by Operating Activities INVESTING ACTIVITIES 1401110. Furniture and Fixtures 1401120. Equipment - Office 1401130. Equipment - Switch 1401210. Accumulated Depreciation F & F 1401220. Accumulated Depr. Equip.Office 1401230. Accumulated Dep. Equip - Switch 1401290. Accumulated Amort. Org. Cost Net cash provided by Investing Activities FINANCING ACTIVITIES 2501000. Notes Payable Shareholders 2501010. Accounts Payable CCS-Long Term 2501090 . Deferred Cost of Traffic - Call Net cash provided by Financing Activities Net cash increase for period Cash at beginning of period Cash at end of period Dec 02 78,479. 544, 760. 86,298. 728. 616, 739. 64. 11,423. 000. 154, 22,450, 758, 055. 007, 994. 149. 576, 000, 19,530.48 35,000. 284. 689, 548. 000. 334. 18,750. 149 570, 105. 733,059, 300,000. 76,661, 101. 396, 636,396. 714, 951. 652. 111. 022, 957, 19,549. 175,000. 155,000. 88,144. 891 855. 235 909. 635 327. 399,418. ------ Page 1