SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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FORM 10-Q/A
(Mark One)
[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: 811-854
IIC Industries, Inc.
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(Exact Name of Registrant as Specified in Its Charter)
Delaware 13-567594
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(State of Other Jurisdiction of (IRS Identification
Incorporation or Organization) Number)
420 Lexington Avenue; New York, N.Y. 10170
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(Address of Principal Executive Offices) (Zip Code)
Registrant's Telephone Number, Including Area Code: (212) 297-6132
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Former Name, Former Address and Former Fiscal Year,
if Changed Since Last Report.
Indicate by check 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 [ ]
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: 1,423,368 shares of common
stock outstanding at April 30, 1996.
The purpose of this amendment is to provide the financial data schedule.
<PAGE>
OTHER INFORMATION
Item 6. Exhibits and Reports on Form 8-K
No reports on Form 8-K were filed during the period covered by this
report.
Exhibit No. Description
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27 Financial Data Schedule
<PAGE>
SIGNATURES
In accordance with 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.
Date: August 22, 1996
IIC INDUSTRIES, INC.
By: /s/ Fortunee F. Cohen
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Fortunee F. Cohen, Secretary
<TABLE> <S> <C>
<ARTICLE> 5
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-END> MAR-31-1996
<CASH> 18,273
<SECURITIES> 0
<RECEIVABLES> 43,005
<ALLOWANCES> 3,728
<INVENTORY> 44,762
<CURRENT-ASSETS> 113,228
<PP&E> 29,611
<DEPRECIATION> 790
<TOTAL-ASSETS> 180,626
<CURRENT-LIABILITIES> 67,157
<BONDS> 0
<COMMON> 1,586
0
0
<OTHER-SE> 80,780
<TOTAL-LIABILITY-AND-EQUITY> 180,626
<SALES> 59,498
<TOTAL-REVENUES> 59,498
<CGS> 45,540
<TOTAL-COSTS> 45,540
<OTHER-EXPENSES> 11,661
<LOSS-PROVISION> 203
<INTEREST-EXPENSE> 915
<INCOME-PRETAX> 2,265
<INCOME-TAX> 511
<INCOME-CONTINUING> 1,754
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 1,754
<EPS-PRIMARY> 1.23
<EPS-DILUTED> 1.23
</TABLE>
