METROMEDIA INTERNATIONAL GROUP INC
10-Q/A, 1996-06-25
MOTION PICTURE & VIDEO TAPE PRODUCTION
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                   SECURITIES AND EXCHANGE COMMISSION
   
                         Washington, D.C. 20549
   
   
   
                             FORM 10 Q/A
                           Amendment No. 1
                                   
          [X]  QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15
                  (D) OF THE SECURITIES EXCHANGE ACT OF 1934
               For the quarterly period ended March 31, 1996
   
                             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 1-5706
   
   
   
                  METROMEDIA INTERNATIONAL
                         GROUP, INC.
   (Exact name of registrant, as specified in its charter)
   
   
   
   
   DELAWARE                                     58-0971455
   
(State or other jurisdiction of              (I.R.S. Employer
   incorporation or                             Identification No.)
   organization)
   
   
    945 East Paces Ferry Road, Suite 2210, Atlanta, Georgia 30326
       (Address and zip code of principal executive offices)
   

                          (404) 261-6190
         (Registrant's telephone number, including area code)
   
   
   
   
   
   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 (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[ ]      
   
   
   
   The number of shares of Common Stock outstanding as of April 22, 1996 
   was 42,658,240. 
   
<PAGE>
Page 2
      

   Part II.  Other Information
   
   Item 6.  Exhibits and Reports on Form 8-K
   
   (a)  Exhibits
   
            Exhibit
            Number
   
            27                     Financial Data Schedule.
   
   (b)  Reports on Form 8-K:  n/a
   
                                                       
<PAGE>
Page 3

                                SIGNATURES
                                
        Pursuant to the requirements of Section 13 or 15(d) of the 
   Securities and Exchange Act of 1934, the Registrant has duly caused 
   this report to be signed on its behalf by the undersigned, thereunto 
   duly authorized.
   
                          METROMEDIA INTERNATIONAL GROUP, INC.
                                                            
   
                       By: /s/  Silvia Kessel
                           ------------------                                   
                                Silvia Kessel                                  
                         
                         Senior Vice President,Chief Financial Officer   
                         and Treasurer                                         
                                                            
   
   Dated:  June 25, 1996
   
<PAGE>
Page 4      

                       EXHIBIT INDEX
                               
                                
  Exhibit                        Description
  Number

    27                      Financial Data Schedule
                               



<TABLE> <S> <C>

<ARTICLE>                  5

<LEGEND>                   THIS SCHEDULE CONTAINS SUMMARY FINANCIAL
                           INFORMATION EXTRACTED FROM THE CONSOLIDATED
                           FINANCIAL STATEMENTS FILED AS PART OF THE QUARTERLY
                           REPORT ON FORM 10-Q AND IS QUALIFIED IN ITS ENTIRETY
                           BY REFERENCE TO SUCH FINANCIAL STATEMENTS
<MULTIPLIER>1,000
       
<S>                           <C>
<PERIOD-TYPE>                 3-MOS
<FISCAL-YEAR-END>             DEC-31-1995
   
   
<PERIOD-END>                  MAR-31-1996
<CASH>                        12,656
<SECURITIES>                  4,524
<RECEIVABLES>                 38,917
<ALLOWANCES>                  (11,926)
<INVENTORY>                   56,892
<CURRENT-ASSETS>              106,038
<PP&E>                        11,970
<DEPRECIATION>                (2,789)
<TOTAL-ASSETS>                567,133
<CURRENT-LIABILITIES>         184,059
<BONDS>                       249,605
         0
                   0
<COMMON>                      42,635
<OTHER-SE>                    21,717
<TOTAL-LIABILITY-AND-EQUITY>  567,133
<SALES>                       30,808
<TOTAL-REVENUES>              30,808
<CGS>                         25,089
<TOTAL-COSTS>                 40,878
<OTHER-EXPENSES>              54
<LOSS-PROVISION>              0
<INTEREST-EXPENSE>            7,034
<INCOME-PRETAX>               (17,158)
<INCOME-TAX>                  200
<INCOME-CONTINUING>           (19,141)
<DISCONTINUED>                0
<EXTRAORDINARY>               0
<CHANGES>                     0
<NET-INCOME>                  (19,141)
<EPS-PRIMARY>                 (.45)
<EPS-DILUTED>                 0
        



</TABLE>


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