The Kentucky Periodic Report Regarding Value, Operations, and Profitability of Entities in Which the Debtor's Estate Holds a Substantial or Controlling Interest (PR) is a report required by the Kentucky state court to be filed by a debtor's estate. The report must provide information on the value, operations, and profitability of all entities in which the debtor's estate holds a substantial or controlling interest. The PR must be filed within 30 days of the filing of the bankruptcy petition and updated every ninety days thereafter. There are two types of GPRS: the Initial PR and the Subsequent PR. The Initial PR must be filed within 30 days of the filing of the bankruptcy petition and must contain detailed information regarding the value, operations, and profitability of all entities in which the debtor's estate holds a substantial or controlling interest. The Subsequent PR must be filed every 90 days thereafter and must contain the same information as the Initial PR, but must also include an updated financial statement for each of the entities. The information provided in the PR is used by the court to determine the value and viability of the debtor's estate. The PR must be completed and filed in accordance with the Kentucky Bankruptcy Rules in order to be considered valid. Failure to file the PR can result in sanctions or other legal action.