<PAGE>
==========================================================================
FORM 10-K/A
Amendment No. 1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
(Mark One)
X ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
- ------- EXCHANGE ACT OF 1934
For the fiscal year ended June 30, 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 1-6868
Lomas Financial Corporation
(Exact Name of Registrant as Specified in its Charter)
Delaware 75-1043392
(State or Other Jurisdiction of (I.R.S. Employer
Incorporation or Organization) Identification No.)
1600 Viceroy Drive, Dallas, Texas 75235
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (214) 879-4000
Securities registered pursuant to Section 12(b) of the Act:
Name of Each Exchange
Title of Each Class on Which Registered
Common Stock, par value $1 per share New York Stock Exchange
Securities registered pursuant to Section 12(g) of the Act: None.
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
----- -----
Indicate by check mark if disclosure of delinquent filers pursuant to
Item 405 of Regulation S-K is not contained herein, and will not be
contained, to the best of registrant's knowledge, in definitive proxy or
information statements incorporated by reference in Part III of this Form 10-
K or any amendment to this Form 10-K.
-------
At September 15, 1994 the aggregate market value of the registrant's
common stock held by non-affiliates was $87 million.
<PAGE>
APPLICABLE ONLY TO REGISTRANTS 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 Section 12, 13 or 15(d) of the Securities
Exchange Act of 1934 subsequent to the distribution of securities under a
plan confirmed by a court. YES X NO
(APPLICABLE ONLY TO CORPORATE REGISTRANTS)
The number of shares outstanding of the registrant's Common Stock,
par value $1 per share, as of September 15, 1994: Common Stock--20,099,531
shares.
DOCUMENTS INCORPORATED BY REFERENCE
Part III of this Form 10-K incorporates certain information by
reference from the registrant's 1994 Proxy Statement issued in connection
with its Annual Meeting of Stockholders to be held November 1, 1994.
===========================================================================
<PAGE>
INDEX TO EXHIBITS
Sequentially
Exhibit Numbered
Number Page
- ------- --------------
(10.1) Amendment No. 1 to Amended and Restated Pledge
Agreement, dated May 25, 1994, between Lomas
Mortgage USA, Inc. and Lehman Brothers Special
Financing Inc. 80
(10.2) Amendment No. 1 to the Interest Rate and Currency
Exchange Agreement, dated May 25, 1994, between
Lomas Mortgage USA, Inc. and Lehman Brothers
Special Financing Inc. 81
(10.3) Eleventh Amendment to Servicing Payments Loan
and Security Agreement dated June 30, 1994 among
Lomas Mortgage USA, Inc., the bank signatories
thereto and Bank One, Texas, N.A., as agent. 84
(10.4) Sixth Amendment to Restated Loan and Security
Agreement dated June 8, 1994, among Lomas
Mortgage USA, Inc., the bank signatories
thereto and Bank One, Texas, N.A., as
administrative agent, and Texas Commerce
Bank National Association, as syndication agent. 93
(10.5) Seventh Amendment to Restated Loan and Security
Agreement dated June 30, 1994 among Lomas Mortgage
USA, Inc., the bank signatories thereto and
Bank One, Texas, N.A., as administrative agent,
and Texas Commerce Bank National Association,
as syndication agent. 102
(10.6) 6/94 Senior Secured Working Capital Credit
Agreement dated June 30, 1994 between Lomas Mortgage
USA, Inc. and Texas Commerce Bank National
Association. 110
(10.7) 6/94 (third) Amendment to 6/93 Servicing Purchase
Loan Agreement dated June 30, 1994 between Lomas
Mortgage USA, Inc. and Texas Commerce Bank
National Association. 112
(11) Computation of earnings per share. 115
(21) List of subsidiaries of the registrant. 116
(23) Consent of independent auditors. 118
(27)* Financial Data Schedule 119
* Filed herewith.
<PAGE>
The purpose of this Amendment is to add the Financial Data Schedule to the
previously filed Form 10-K.
Added to Exhibit List.
27 Financial Data Schedule
<PAGE>
SIGNATURES
Pursuant to requirements of Section 13 or 15(d) 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.
September 28, 1994 LOMAS FINANCIAL CORPORATION
By: /S/GARY WHITE
------------------------------
Gary White
Senior Vice President and
Controller
<TABLE> <S> <C>
<ARTICLE> 5
<CIK> 0000060150
<NAME> GARY WHITE
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> JUN-30-1994
<PERIOD-START> JUL-01-1993
<PERIOD-END> JUN-30-1994
<CASH> 7,206
<SECURITIES> 2,717
<RECEIVABLES> 84,155
<ALLOWANCES> (12,262)
<INVENTORY> 0
<CURRENT-ASSETS> 0
<PP&E> 103,976
<DEPRECIATION> (14,822)
<TOTAL-ASSETS> 1,077,573
<CURRENT-LIABILITIES> 0
<BONDS> 523,229
<COMMON> 20,100
0
0
<OTHER-SE> 121,335
<TOTAL-LIABILITY-AND-EQUITY> 1,077,573
<SALES> 0
<TOTAL-REVENUES> 271,058
<CGS> 0
<TOTAL-COSTS> 0
<OTHER-EXPENSES> 287,732
<LOSS-PROVISION> 11,397
<INTEREST-EXPENSE> 80,431
<INCOME-PRETAX> (108,502)
<INCOME-TAX> 0
<INCOME-CONTINUING> (108,502)
<DISCONTINUED> (74,164)
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (182,666)
<EPS-PRIMARY> (9.07)
<EPS-DILUTED> (9.07)
</TABLE>
