De theaterauteur bij ARTES - Sabam

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EVENTS SINCE THE LAST REPORTThis report should be read in conjunction with the receivers’ first, first interim, second interim andthird interim reports dated 13 June 2006, 21 <strong>De</strong>cember 2006, 2 July 2007 and 18 January 2008respectively.Since their last report dated 18 January 2008 the Receivers have continued to pursue payment inrespect of the negotiated settlement with the director/shareholder of the company, pursuant towhich the repayment of their overdrawn current account was to be made over a period of time.To date no additional payments have been made by the director/shareholder in respect of theaforementioned indebtedness. The receivers have ceased their pursuit of the debtor and haveassigned the rights to sue the debtor to Morrison & Watson Limited, the first ranking prioritycreditor.PREFERENTIAL CREDITORSAfter the deduction of Receivers’ fees from the realisations of cash at bank, accounts receivableand inventory held at the date of appointment, realisations of approximately $65,800 have beenmade and distributed to Morris & Watson Limited, the first ranking priority creditor secured viaits purchase money security interest.UNSECURED CREDITORSThe company’s accounting records show that there was approximately $250,000 owed tounsecured creditors at 21 March 2006 being the date of appointment. The Receivers have notverified the amounts owing to unsecured creditors and insufficient funds have been realised tomake any payment to unsecured creditors.STATEMENT OF REALISATIONS AND DISTRIBUTIONS IN RESPECT OF THERECEIVERSHIPStatement of Realisation and Distributions in respect of the receivership:-The following realisations have been made:Cash at Bank 20,577Inventory 73,011Receivables recovered 4,780Net Interest 2,261Taxation refund 1,259101,888Less Disbursements to:Receivers’ Costs and Expenses 36,088Morris & Watson Limited 65,800101,888Receivership Funds Available for Distribution$ NILPage 2
I N H O U D S T A F E L1 >WIE KAN AANSLUITEN ? BLZ 52 >HOE LID WORDEN ? BLZ 53 >WELKE WERKEN MAKEN DEEL UITVAN ONS REPERTOIRE BLZ 64 >IS MIJN WERK BESCHERMDZODRA IK ME INSCHRIJF BLZ 75 >DEPOT VAN JE WERKEN BLZ 96 >AANGIFTE VAN JE WERKEN BLZ 107 > INNING VAN JE RECHTEN BLZ 118 >VERDELING VAN JE RECHTEN BLZ 119 >LEVENSCYCLUS VAN EEN WERK BLZ 1210 > STEUN EN PROMOTIE BLZ 13DE THEATERAUTEUR BIJ <strong>ARTES</strong> // 03
Page 4: ARTESDE THEATERWERELD IS VOORTDUREN
Page 9 and 10: DEPOT VAN JE WERKENWANNEER EEN WERK
Page 11 and 12: INNING VAN JE RECHTENHOE ?Wanneer e
Page 13 and 14: STEUNEN PROMOTIESABAM CULTUUR VERLE
Page 15 and 16: Opera Buffa Productie Laika© Phile

De theaterauteur bij ARTES - Sabam

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