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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-Q/A1
[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended December 31, 1994
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 0-2912
DIBRELL BROTHERS, INCORPORATED
(Exact name of registrant as specified in its
charter)
VIRGINIA 54-0192440
(State or other jurisdiction (I.R.S. Employer
of incorporation or organization) Identification No.)
512 Bridge Street
Danville, Virginia 24541
(Address of principal executive (Zip Code)
offices)
(804) 792-7511
(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 6, 1995
$1.00 par value 13,303,489
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The Form 10-Q filed by Registrant on February 13, 1995, is amended as
as follows:
The Consolidated Balance Sheet, Liability and Stockholders' Equity
section, December 31, 1994 column is amended to show $1,373,936 as
Additional minimum pension liability and $2,139,060 as Unrealized loss
on investments, as reflected in the attached Consolidated Balance Sheet.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of
1934, the Registrant has duly caused this report to be signed on its
behalf by the undersigned thereunto duly authorized.
DIBRELL BROTHERS, INCORPORATED
(Registrant)
Date: February 28, 1995
/s/ Jerry L. Parker
By:_________________________________
Jerry L. Parker
Name:_______________________________
Vice President-Controller
Title:______________________________
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<TABLE>
<CAPTION>
Dibrell Brothers, Incorporated and Subsidiaries
CONSOLIDATED BALANCE SHEET
(Unaudited)
December 31 June 30
1994 1994
_____________ _____________
<S> <C> <C>
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities
Notes payable to banks . . . . . . . . . . . . . . $162,607,569 $142,369,166
Accounts payable:
Trade . . . . . . . . . . . . . . . . . . . . . 39,230,523 52,206,240
Officers and employees . . . . . . . . . . . . . 18,262,934 18,072,950
Other . . . . . . . . . . . . . . . . . . . . . 6,460,376 6,757,329
Advances from customers . . . . . . . . . . . . . 88,875,973 23,998,753
Accrued expenses . . . . . . . . . . . . . . . . . 16,106,776 23,681,668
Income taxes . . . . . . . . . . . . . . . . . . . 8,127,357 5,788,346
Long-term debt current . . . . . . . . . . . . . . 6,422,488 4,261,601
_____________ _____________
Total current liabilities 346,093,996 277,136,053
_____________ _____________
Long-term debt
Revolving Credit Notes and Other . . . . . . . . . 154,580,376 155,161,454
Convertible Subordinated Debentures . . . . . . . 56,475,000 56,475,000
_____________ _____________
211,055,376 211,636,454
_____________ _____________
Deferred credits:
Income taxes . . . . . . . . . . . . . . . . . . . 3,720,944 5,675,298
Compensation and other benefits . . . . . . . . . 24,207,542 23,424,455
_____________ _____________
27,928,486 29,099,753
_____________ _____________
Minority interest in subsidiaries . . . . . . . . . . 944,900 1,226,687
_____________ _____________
Stockholders' equity
Serial Preferred Stock--without par value:
<S> <C> <C> <C> <C>
Dec. 31 Jun. 30
Authorized shares 1,000,000 1,000,000
Issued shares -0- -0-
Common Stock--par value $1 per share
Dec. 31 Jun. 30
Authorized shares 50,000,000 50,000,000
Issued shares 13,303,489 13,303,089 . . 13,303,489 13,303,089
<S> <C> <C>
Additional capital . . . . . . . . . . . . . . . . 18,599,006 18,590,756
Retained earnings . . . . . . . . . . . . . . . . 99,792,703 103,057,649
Equity-currency conversions . . . . . . . . . . . (993,304) (960,183)
Additional minimum pension liability . . . . . . . (1,373,936) (1,373,936)
Unrealized loss on investments . . . . . . . . . . (2,139,060) (259,302)
_____________ _____________
127,188,898 132,358,073
_____________ _____________
$713,211,656 $651,457,020
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