Month 1

Month 2

Month 3

Month 4

Month 5

Month 6

Forecast

Forecast

Forecast

Forecast

Forecast

Forecast

Forecast

Week Ending

Feb

Mar

Apr

May

Jun

Jul

Total

USD $’000s

2016

2016

2016

2016

2016

2016

6 Months

CASH FLOW FROM OPERATIONS

Operating Receipts

North America Live

$

5,098

$

9,228

$

6,301

$

10,292

$

25,295

$

10,706

$

66,920

Platform

3,192

3,990

3,192

3,573

4,944

3,039

21,931

Brand Partnership

—

—

—

—

4,000

—

4,000

Insurance Proceeds

—

1,567

—

283

—

—

1,850

Total Operating Receipts

$

8,290

$

14,785

$

9,494

$

14,149

$

34,239

$

13,745

$

94,701

Operating Company Disbursements

North America Live

(9,188

)

(11,748

)

(10,547

)

(11,992

)

(18,353

)

(12,048

)

(73,876

)

Platform

(1,981

)

(2,114

)

(8,498

)

(2,407

)

(2,067

)

(9,417

)

(26,484

)

Brand Partnership

(221

)

(221

)

(221

)

(221

)

(221

)

(221

)

(1,328

)

Insurance Payments

—

(1,074

)

—

(619

)

(1,569

)

(495

)

(3,757

)

Capex

(366

)

(165

)

(111

)

(499

)

(404

)

(441

)

(1,987

)

Total Operating Company Disbursements

(11,757

)

(15,322

)

(19,377

)

(15,739

)

(22,615

)

(22,623

)

(107,433

)

Corporate & Other Disbursements

Corporate Overhead

(1,074

)

(1,595

)

(1,074

)

(1,279

)

(1,236

)

(1,165

)

(7,423

)

Corporate Obligations

—

—

(750

)

—

—

—

(750

)

Intercompany Funding (International)

—

—

—

—

—

—

—

Total Corporate & Other

(1,074

)

(1,595

)

(1,824

)

(1,279

)

(1,236

)

(1,165

)

(8,173

)

Total Operating Disbursements

$

(12,832

)

$

(16,918

)

$

(21,201

)

$

(17,018

)

$

(23,851

)

$

(23,787

)

$

(115,607

)

NET CASH FLOW FROM OPERATIONS

$

(4,542

)

$

(2,133

)

$

(11,708

)

$

(2,869

)

$

10,388

$

(10,043

)

$

(20,906

)

CASH FLOW FROM FINANCING ACTIVITIES

Debt Repayment

(54,790

)

—

—

—

—

—

(54,790

)

Cash Interest

(600

)

(602

)

—

(622

)

(306

)

(306

)

(2,436

)

NET CASH FLOW FROM FINANCING ACTIVITIES

$

(55,390

)

$

(602

)

$

—

$

(622

)

$

(306

)

$

(306

)

$

(57,226

)

CASH FLOW FROM RESTRUCTURING ACTIVITIES

Professional Fees

(4,160

)

(3,844

)

(1,271

)

(3,117

)

(2,374

)

(6,180

)

(20,945

)

Interim Claims Distributions

(5,232

)

(5,032

)

—

—

—

—

(10,264

)

Other Restructuring

(739

)

(500

)

—

—

—

(6,256

)

(7,495

)

NET CASH FLOW FROM RESTRUCTURING ACTIVITIE

$

(10,131

)

$

(9,376

)

$

(1,271

)

$

(3,117

)

$

(2,374

)

$

(12,436

)

$

(38,704

)

Domestic Net Cash Flow Before DIP Financing

$

(70,062

)

$

(12,111

)

$

(12,978

)

$

(6,608

)

$

7,708

$

(22,785

)

$

(116,836

)

CASH BALANCES

Beginning Domestic Cash Balance (Book)

$

2,500

$

10,438

$

23,327

$

10,349

$

10,741

$

18,450

$

2,500

Net Cash Flow

(70,062

)

(12,111

)

(12,978

)

(6,608

)

7,708

(22,785

)

(116,836

)

DIP Account Draw

78,000

25,000

—

7,000

—

5,000

115,000

Ending Domestic Cash Balance (Book)

$

10,438

$

23,327

$

10,349

$

10,741

$

18,450

$

664

$

664

DIP BALANCE

Total Drawn on DIP Balance

78,000

103,000

103,000

110,000

110,000

115,000

115,000

Cumulative PIK Interest

3,150

4,043

4,043

5,361

6,046

6,737

6,737

Undrawn Committed Funds

37,000

12,000

12,000

5,000

5,000

—

—

Total DIP & PIK Interest

$

81,150

$

107,043

$

107,043

$

115,361

$

116,046

$

121,737

$

121,737