Replies to post #330 on TMST, Inc., 8% Senior Notes (TMA.GB)

[Enterprising Investor]

Monthly Operating Report (12/2018)

Cash and Cash Equivalents were $77.562 million.

Total Assets were $72.742 million including a $6 million contra account for Investments in Subsidiaries. This would indicate negative equity in those subs. However, the account shares a footnote with Pre-Petition Liabilities - Unsecured Debt.

Net Income in December was $507,902.

Non-Operating Income was $812,915 made up of Other Non-Operating Income from the ADCO Trust Parties Settlement related to Thornburg Mortgage Securities Trust 2007-3 claims.