UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-Q/A
[X] QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended February 28, 1995
OR
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the transition period from to
Commission File Number 1-7924
VALLEY RESOURCES, INC.
(Exact name of registrant as specified in its charter)
Rhode Island 05-0384723
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
1595 Mendon Road 02864
Cumberland, Rhode Island (Zip Code)
(Address of principal executive offices)
(401) 334-1188
(Registrant's telephone number, including area code)
Not Applicable
(Former name, former address and former fiscal
year, if changed since last report)
Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months, and (2) has been subject to such filing
requirements for the past 90 days.
YES X . NO .
Indicate the number of shares outstanding of each of the issuer's classes of
Common Stock, as of the latest practicable date.
Outstanding at
Class of Common Stock February 28, 1995
$1 Par Value 4,217,599
<PAGE>
AMENDMENT NO. 1
The undersigned registrant hereby amends the following items, financial
statements, exhibits or other portions of its Quarterly Report for the quarter
ended February 28, 1995, on Form 10-Q as set forth hereto.
Part 1
Item 6(a) Exhibits
27. Financial Data Schedule
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this Amendment to be signed on its behalf by the
undersigned thereunto duly authorized.
VALLEY RESOURCES, INC. AND SUBSIDIARIES
K. W. Hogan
Senior Vice President,
Chief Financial Officer and Secretary
May 16, 1995
<TABLE> <S> <C>
<ARTICLE> 5
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> AUG-31-1995
<PERIOD-END> FEB-28-1995
<CASH> 1,970
<SECURITIES> 0
<RECEIVABLES> 17,358
<ALLOWANCES> 629
<INVENTORY> 4,783
<CURRENT-ASSETS> 25,392
<PP&E> 76,621
<DEPRECIATION> 28,032
<TOTAL-ASSETS> 96,995
<CURRENT-LIABILITIES> 27,044
<BONDS> 25,855
<COMMON> 4,222
0
0
<OTHER-SE> 22,058
<TOTAL-LIABILITY-AND-EQUITY> 96,995
<SALES> 41,739
<TOTAL-REVENUES> 41,739
<CGS> 24,689
<TOTAL-COSTS> 38,567
<OTHER-EXPENSES> 13,878
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 1,564
<INCOME-PRETAX> 2,415
<INCOME-TAX> 768
<INCOME-CONTINUING> 1,647
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 1,647
<EPS-PRIMARY> .39
<EPS-DILUTED> .39
</TABLE>
