21-11051-lgb Doc 59 Filed 07/12/21 Entered 07/12/21 23:06:53 Main Document Pg 1 of 105 James L. Bromley SULLIVAN & CROMWELL LLP 125 Broad Street New York, NY 10004-2498 Telephone: (212) 558-4000 Facsimile: (212) 558-3588 Proposed Counsel to the Debtors UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF NEW YORK ____________________________________________ x : In re Chapter 11 : : Case No. 21-11051 (LGB) Kumtor Gold Company CJSC and Kumtor Operating : 1 Company CJSC, : Jointly Administered : Debtors. : ____________________________________________ x NOTICE OF REFILED SCHEDULES OF ASSETS AND LIABILITIES FOR KUMTOR GOLD COMPANY CJSC (CASE NO. 21-11051) PLEASE TAKE NOTICE that on July 6, 2021, Kumtor Gold Company CJSC (the “Debtor”) filed the Schedules of Assets and Liabilities for Kumtor Gold Company CJSC (Case No. 21-11051) [D.I. 43] (the “Schedules”). PLEASE TAKE FURTHER NOTICE that at the request of the Office of the United States Trustee for the Southern District of New York, the Debtor is hereby refiling as Exhibit A attached hereto the Schedules without the previously attached basis of presentation and reservation of rights. No contents of the Schedules have been otherwise modified or amended from the original filing. 1 The Debtors’ corporate headquarters is located at 24 Ibraimova Street, 720001, Bishkek, the Kyrgyz Republic. 4851-6823-5505 v.2 21-11051-lgb Doc 59 Filed 07/12/21 Entered 07/12/21 23:06:53 Main Document Pg 2 of 105 Dated: July 12, 2021 /s/ James L. Bromley New York, NY James L. Bromley SULLIVAN & CROMWELL LLP 125 Broad Street New York, NY 10004 Telephone: (212) 558-4000 Facsimile: (212) 558-3588 E-mail: [email protected] Proposed Counsel to the Debtors -2- 4851-6823-5505 v.2 21-11051-lgb Doc 59 Filed 07/12/21 Entered 07/12/21 23:06:53 Main Document Pg 3 of 105 EXHIBIT A Schedules 4851-6823-5505 v.2 21-11051-lgb Doc 59 Filed 07/12/21 Entered 07/12/21 23:06:53 Main Document Pg 4 of 105 UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF NEW YORK x : Chapter 11 In re: : : Case No. 21-11051 (LGB) Kumtor Gold Company CJSC and Kumtor Operating : Company CJSC,1 : Jointly Administered : Debtors. : ____________________________________________ x SCHEDULES OF ASSETS AND LIABILITIES FOR KUMTOR GOLD COMPANY CJSC (CASE NO. 21-11051) 1 The Debtors’ corporate headquarters is located at 24 Ibraimova Street, 720001, Bishkek, the Kyrgyz Republic. 21-11051-lgb Doc 59 Filed 07/12/21 Entered 07/12/21 23:06:53 Main Document Pg 5 of 105 Fill in this information to identify the case: Debtor name: Kumtor Gold Company CJSC United States Bankruptcy Court for the: Southern District of New York Check if this is an Case number: 21-11051 amended ling Ocial Form 206Sum Summary of Assets and Liabilities for Non-Individuals 1. Schedule A/B: Assets - Real and Personal Property (Ocial Form 206A/B) 1a. Real property: $0.00 Copy line 88 from Schedule A/B 1b. Total personal property: $1,154,640,685.14 Copy line 91A from Schedule A/B 1c. Total of all property: $1,154,640,685.14 Copy line 92 from Schedule A/B 2. Schedule D: Creditors Who Have Claims Secured by Property (Ocial Form 206D) $0.00 Copy the total dollar amount listed in Column A, Amount of claim, from line 3 of Schedule D 3. Schedule E/F: Creditors Who Have Unsecured Claims (Ocial Form 206E/F) 3a. Total claim amounts of priority unsecured claims: $8,538,842.66 Copy the total claims from Part 1 from line 5a of Schedule E/F 3b. Total amount of claims of nonpriority amount of unsecured claims: $71,434,662.08 Copy the total of the amount of claims from Part 2 from line 5b of Schedule E/F 4. Total Liabilities $79,973,504.74 Lines 2 + 3a + 3b 21-11051-lgb Doc 59 Filed 07/12/21 Entered 07/12/21 23:06:53 Main Document Pg 6 of 105 Fill in this information to identify the case: Debtor name: Kumtor Gold Company CJSC United States Bankruptcy Court for the: Southern District of New York Check if this is an Case number: 21-11051 amended ling Ocial Form 206A/B Schedule A/B: Assets — Real and Personal Property 12/15 Disclose all property, real and personal, which the debtor owns or in which the debtor has any other legal, equitable, or future interest. Include all property in which the debtor holds rights and powers exercisable for the debtor's own benet. Also include assets and properties which have no book value, such as fully depreciated assets or assets that were not capitalized. In Schedule A/B, list any executory contracts or unexpired leases. Also list them on Schedule G: Executory Contracts and Unexpired Leases (Ocial Form 206G). Be as complete and accurate as possible. If more space is needed, attach a separate sheet to this form. At the top of any pages added, write the debtor’s name and case number (if known). Also identify the form and line number to which the additional information applies. If an additional sheet is attached, include the amounts from the attachment in the total for the pertinent part. For Part 1 through Part 11, list each asset under the appropriate category or attach separate supporting schedules, such as a xed asset schedule or depreciation schedule, that gives the details for each asset in a particular category. List each asset only once. In valuing the debtor’s interest, do not deduct the value of secured claims. See the instructions to understand the terms used in this form. Part 1: Cash and Cash Equivalents 1. Does the debtor have any cash or cash equivalents? No. Go to Part 2. Yes. Fill in the information below. All cash or cash equivalents owned or controlled by the debtor Current value of debtor’s interest 2. Cash on hand 2.1 $36,443.28 -See Schedule A/B 2 Attachment 3. Checking, savings, money market, or nancial brokerage accounts (Identify all) Name of institution (bank or brokerage rm) Type of account Last 4 digits of account # 3.1 See Schedule A/B 3 Attachment $148,436.30 4. Other cash equivalents (Identify all) 4.1 None $0.00 5. Total of Part 1 Add lines 2 through 4 (including amounts on any additional sheets). Copy the total to line 80. $184,879.58 Part 2: Deposits and prepayments 6. Does the debtor have any deposits or prepayments? No. Go to Part 3. Yes. Fill in the information below. Debtor Kumtor Gold Company CJSC_________________________________________________ Case number (if known)21-11051________________________________________ Name 21-11051-lgb Doc 59 Filed 07/12/21 Entered 07/12/21 23:06:53 Main Document Pg 7 of 105 Current value of debtor’s interest 7. Deposits, including security deposits and utility deposits Description, including name of holder of deposit 7.1 See Schedule A/B 7 Attachment $33,041.35 8. Prepayments, including prepayments on executory contracts, leases, insurance, taxes, and rent Description, including name of holder of prepayment 8.1 See Schedule A/B 8 Attachment $22,243,416.01 9. Total of Part 2 Add lines 7 through 8. Copy the total to line 81. $22,276,457.36 Part 3: Accounts receivable 10. Does the debtor have any accounts receivable? No. Go to Part 4. Yes. Fill in the information below. Current value of debtor’s interest 11. Accounts receivable 11a. 90 days old or $29,232,483.59 (As of 5/14/21) — $0.00 = ........ $29,232,483.59 less: face amount doubtful or uncollectible accounts 11b. Over 90 days old: — = ........ $0.00 face amount doubtful or uncollectible accounts 12. Total of Part 3 Current value on lines 11a + 11b = line 12. Copy the total to line 82. $29,232,483.59 Part 4: Investments 13. Does the debtor own any investments? No. Go to Part 5. Yes. Fill in the information below. Valuation method used for current Current value of debtor’s interest value 14. Mutual funds or publicly traded stocks not included in Part 1 Name of fund or stock: 14.1 $0.00 15. Non-publicly traded stock and interests in incorporated and unincorporated businesses, including any interest in an LLC, partnership, or joint venture Name of entity: % of ownership: 15.1 $0.00 Debtor Kumtor Gold Company CJSC_________________________________________________ Case number (if known)21-11051________________________________________ Name 21-11051-lgb Doc 59 Filed 07/12/21 Entered 07/12/21 23:06:53 Main Document Pg 8 of 105 16. Government bonds, corporate bonds, and other negotiable and non-negotiable instruments not included in Part 1 Describe: 16.1 $0.00 17. Total of Part 4 Add lines 14 through 16. Copy the total to line 83. $0.00 Part 5: Inventory, excluding agriculture assets 18. Does the debtor own any inventory (excluding agriculture assets)? No. Go to Part 6. Yes. Fill in the information below. General description Date of Net book value of Valuation method used Current value of debtor’s interest the last debtor's interest for current value physical (Where available) inventory 19. Raw materials 19.1 Broken Ore See Note $181,391,458.22 Net Book Value $181,391,458.22 The Debtor performs stockpiled ore surveys and reconciliations at month end. The Debtor does not have current access to the surveys and reconciliations records. The reported balance is as of 4/30/2021. 20. Work in progress 20.1 In-Circuit See Note $7,735,894.46 Net Book Value $7,735,894.46 The Debtor performs reconciliations after assays results at month end.