IV. Cash Flow Estimates
(ii) Debtors and Debtor-Controlled Entities Schedules
LBHI
(a) The Company estimates that LBHI will receive approximately $0.2 billion, primarily from LCPI and LBSF.
(b) The Company estimates that LBHI will receive approximately $0.8 billion, primarily from Lehman Brothers Holdings Scottish LP 2 (“SLP2”). SLP2 is the parent company of SLP3 and is wholly owned by LBHI.
($ in millions) 6/30/18Cash FlowEstimates Less:Cash Activity7/1/18 - 10/4/18 Recovery Value Change Transfers, Reclassifications, Adjustments 10/4/18Cash FlowEstimates Net ReceiptsCommercial Real Estate-$ -$ -$ -$ -$ Residential Real Estate and Other9 (3) 1 - 7 Private Equity/Principal Investments3 (5) 3 - 1 Derivatives- - - - - Other303 (187) 31 (17) 130 Sub-Total - Net Receipts314$ (195)$ 35$ (17)$ 138$ Recoveries From Non-Controlled AffiliatesEurope1,434$ (357)$ (17)$ (67)$ 993$ Asia153 (46) 1 1 109 Sub-Total - Recoveries From Non-Controlled Affiliates1,588$ (403)$ (16)$ (67)$ 1,102$ Operating Expenses(144)$ 14$ (11)$ -$ (142)$ Incentive Fees(56)$ -$ (2)$ -$ (58)$ Total Cash From Operations (CFO)1,702$ (584)$ 6$ (83)$ 1,040$ Pre-Petition Intercompany Receipts from Controlled Entities (a)637$ (485)$ 13$ 0$ 165$ Net Post-Petition Intercompany Receipts from / (Payables to) Controlled Entities(63) 10 (11) - (63) Investments in Affiliates (b)903 (130) (9) - 764 Total CFO + Other Receipts3,178$ (1,189)$ 0$ (83)$ 1,906