FORM 10-Q/A, AMENDMENT NO. 1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
(Mark One)
(X) QUARTERLY REPORT PURSUANT TO SECTION l3 OR l5(d) OF THE
SECURITIES EXCHANGE ACT OF l934
For the quarter period ended March 31, 1995
---------------------------------------------------
OR
( ) TRANSITION PURSUANT TO SECTION l3 OR l5(d) OF THE
SECURITIES EXCHANGE ACT OF l934
For the transition period from to
------------------- --------------------------
Commission File Number 0-2642
---------------------------------------------------------
DE TOMASO INDUSTRIES, INC.
- --------------------------------------------------------------------------------
(Exact name of registrant as specified in its charter)
Maryland 52-0466460
- ------------------------------ -----------------
(State or other jurisdiction (I.R.S. Employer
of incorporation) Identification No.)
P.0. Box 856, l07 Monmouth Street, Red Bank, N. J. 0770l
- --------------------------------------------------------------------------------
(Address of principal executive offices - Zip Code)
(908) 842-7200
-----------------------------------------------------------
(Registrant's telephone number, including area code)
No Change
- ----------------------------------------------------------------------------
(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 l3 or l5(d) of the Securities Exchange Act of
l934 during the preceding l2 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days. Yes X No
--- ---
APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY
PROCEEDINGS DURING THE PRECEDING FIVE YEARS:
Indicate by check mark whether the registrant has filed all documents and
reports required to be filed by Sections l2, l3 or l5(d) of the Securities
Exchange Act of l934 subsequent to the distribution of securities under a plan
confirmed by court. Yes __ No __
APPLICABLE ONLY TO CORPORATE ISSUERS:
Indicate the number of shares outstanding of each of the issuer's classes
of common stock, as of the latest practicable date. Common Stock $2.50 par
value; 2,057,446 shares.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of l934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
DE TOMASO INDUSTRIES, INC.
Dated: June 28, 1995 By: s/ Catherine D. Germano
-------------------------------
Catherine D. Germano, Treasurer
Dated: June 28, 1995 By: s/ Howard E. Chase
-------------------------------
Howard E. Chase, Secretary
2
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the
unaudited financial statements dated March 31, 1995 and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> MAR-31-1995
<CASH> 4,136,737<F1>
<SECURITIES> 7,539,319<F1>
<RECEIVABLES> 3,531,690<F1>
<ALLOWANCES> 335,094<F1>
<INVENTORY> 14,153,169<F1>
<CURRENT-ASSETS> 43,588,615<F1>
<PP&E> 24,784,624<F1>
<DEPRECIATION> 17,443,662<F1>
<TOTAL-ASSETS> 67,089,788<F1>
<CURRENT-LIABILITIES> 29,089,789<F1>
<BONDS> 2,684,272<F1>
<COMMON> 1,753,521<F1>
0
852,700<F1>
<OTHER-SE> 20,384,389<F1>
<TOTAL-LIABILITY-AND-EQUITY> 67,089,788<F1>
<SALES> 5,780,516<F1>
<TOTAL-REVENUES> 5,780,516<F1>
<CGS> 6,465,962<F1>
<TOTAL-COSTS> 1,382,042<F1>
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 454,225<F1>
<INCOME-PRETAX> (2,019,953)<F1>
<INCOME-TAX> 0
<INCOME-CONTINUING> (2,019,953)<F1>
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (2,019,953)<F1>
<EPS-PRIMARY> (.98)<F1>
<EPS-DILUTED> (.98)<F1>
<FN>
<F1> Dollar amounts are based on conversion rate of 1,704 Lire to the Dollar
which prevailed on March 31, 1995.
</FN>
</TABLE>
