Sbarro, Inc. Files August 2011 Monthly Operating Report

Sbarro, Inc. filed its monthly operating report for the month of August (covering the 1st through the 28th) last week with the Southern District of New York bankruptcy court.  The company and its affiliates generated a $2.8 million net loss on $26.7 million of total revenues.

More details of Sbarro's operating results after the jump.

Key facts and figures from the monthly operating report (all amounts in millions unless otherwise noted):

• Consolidated income statement
• Total revenues: $26.7
• Restaurant sales: $25.6 
• Franchise related income: $1.1
• Total costs and expenses: $25.3
• Payroll and employee benefits: $6.9
• Cost of food and paper products: $5.8
• Operating income: $1.4
• Interest expense: $1.5
• Reorganization items: $2.6
• Net loss: $2.8
• Consolidated balance sheet
• Total assets: $394
• Current assets: $38.4
• Cash: $23.5
• Net receivables: $7.2
• Allowance for doubtful accounts: $1.6
• Property and equipment: $42.5
• Intangibles: $311.5
• Total liabilities: $527.6
• Total liabilities not subject to compromise: $124.9
• Current liabilities: $54.7
• DIP financing: $27.5
• Accrued expenses: $20.3
• Non-current liabilities: $70.2
• Deferred tax liabilities: $69.8
• Total liabilities subject to compromise: $402.7
• Shareholders' deficit: $133.7
• Consolidated statement of cash flows
• Beginning cash balance: $24.1
• Net cash provided by operating activities: $0.24
• Net cash used in investing activities: $0.71
• Net cash used in financing activities: $0.12
• Ending cash balance: $23.5

To download a copy of Sbarro's monthly operating report for yourself, please visit: http://www.chapter11cases.com/Sbarro-Inc-558--Monthly-Operating-Report-for-the-Period-from-August-1-2011-to-August-28-2011-filed-by-Nicole-Greenblatt-on-behalf-of-Sbarro-Inc-Greenblatt-Nicole-_p_162442.html

To access copies of all major court filings from Sbarro's bankruptcy cases, please visit: http://www.chapter11cases.com/Sbarro-Inc_c_24356.html