BIG RIVER PRODUCTIONS LIMITED PARTNERSHIP
FINANCIAL STATEMENTS
MARCH 31, 1996
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-Q
QUARTERLY REPORT UNDER SECTION 13 OR 15(D)
OF THE SECURITIES EXCHANGE ACT OF 1934
FOR THE QUARTER ENDED MARCH 31, 1996 COMMISSION FILE# 2-94790-NY
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BIG RIVER PRODUCTIONS LIMITED PARTNERSHIP
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NEW YORK 13-3243107
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(State of other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
1501 BROADWAY NEW YORK, NEW YORK 10036
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(Address of principal executive offices) (Zip Code)
Registrants telephone number, including Area Code (212) 575-9710
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Indicate by check mark whether the Registrant (1) has filed all reports
required to be filed under Section 13 or 15(d) of the Securities Exchange
Act of 1934 during the proceeding 12 months and (2) has been subject to such
filing requirements for the past 90 days.
YES X NO
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SIGNATURES
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Pursuant to the requirements 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.
BIG RIVER PRODUCTIONS LIMITED PARTNERSHIP
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(Registrant)
Date: 5/8/96 /s/ Edward Strong
_______________ ________________________________
By: Edward Strong
(Officer)
David, Strong, Warner, General Partner
Big River Productions Limited Partnership
1501 Broadway - Suite 1904
New York, New York 10036
To the Partners:
We have compiled the accompanying balance sheet of Big River Productions
Limited Partnership as of March 31, 1996, and the related statement of
Profit and Loss for the three months then ended, in accordance with
standards established by the American Institute of Certified Public
Accountants.
A compilation is limited to presenting in the form of financial statements
information that is the representation of management. We have not audited
or reviewed the accompanying financial statements and, accordingly, do not
express an opinion or any other form of assurance on them.
Respectfully submitted,
Schall & Ashenfarb,
Certified Public Accountants, P.C.
May 8, 1996
BIG RIVER PRODUCTIONS LIMITED PARTNERSHIP
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INDEX
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P A G E
Part I Financial Information:
Item I - Financial Statements
Balance Sheet - March 31, 1996 (Unaudited) 3
Statement of Profit & Loss
Period Ended March 31, 1996 (Unaudited) 4
Statement of Cash Flows
Period Ended March 31, 1996 5
Notes to Financial Statements (Unaudited) 6
Item 2 - Management's Discussions and Analysis of
Financial Condition & Results of Operations 7
Part II Other Information:
Item 6 - Exhibits and Reports on Form 8-K 8
BIG RIVER PRODUCTIONS LIMITED PARTNERSHIP
BALANCE SHEET
MARCH 31, 1996
(unaudited)
ASSETS
Current Assets
Cash and Money Market Accounts $53,862
Total Assets $53,862
LIABILITY & PARTNERS CAPITAL
Current Liabilities
Accrued Expenses $4,500
Partners Capital
Partners Capital 49,362
Total Liabilities & Partners Capital $53,862
See accountants compilation report.
-3-
BIG RIVER PRODUCTIONS LIMITED PARTNERSHIP
STATEMENT OF PROFIT & LOSS AND PARTNERS' CAPITAL
FOR THE THREE MONTHS ENDED MARCH 31, 1996
(unaudited)
Royalty Income $31,626
Less: Cost & Expenses 0
Net Income before interest 31,626
Interest Income 180
Net Income 31,806
Partners Capital - January 1, 1996 17,556
Partners Capital - March 31, 1996 $49,362
See accountants compilation report.
-4-
BIG RIVER PRODUCTIONS LIMITED PARTNERSHIP
STATEMENT OF CASH FLOWS
FOR THE THREE MONTHS ENDED MARCH 31, 1996
CASH FLOWS FROM OPERATING ACTIVITIES
Net Income $31,806
Net Cash Provided by Operating Activities 31,806
Cash and Cash equivalents at beginning of year 22,056
Cash and cash equivalents on March 31, 1996 $53,862
See Accountants compilation report.
BIG RIVER PRODUCTIONS LIMITED PARTNERSHIP
NOTES TO FINANCIAL STATEMENTS
MARCH 31, 1996
Note 1 - General
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The Big River Productions Limited Partnership (the
"Company") owns shares in subsidiary rights of the property Big
River, including all live stock and amateur performances.
Note 2 - Accounting Policies
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A) The Company uses the accrual method of accounting
for royalty income and related expenses.
B) The Company reports the statement of cash flows in
accordance with the Financial Accounting Standards Board
statement No. 95. For purposes of this statement,
all highly liquid securities with a maturity of three months
or less are considered to be cash equivalents.
Note 3 - Commitments & Contingencies
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The Company has no long term leases.
Item 2
MANAGEMENT'S DISCUSSIONS AND ANALYSIS OF FINANCIAL
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CONDITION AND RESULTS OF OPERATIONS
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The Company was capitalized by $2,500,000 of partners capital contributions
in 1985 for the purpose of producing on Broadway a dramatic - musical play
entitled "Big River". Big River's last Broadway performance was given on
September 30, 1987.
The Company's present source of income is royalties which it receives from
subsidiary rights and other licensing agreements. Royalties earned in the
quarter ended March 31, 1996 were $31,626.
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EXHIBITS AND REPORTS ON FORM 8-K
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A. No exhibits are required to be filed with this report.
B. No reports on Form 8-K were filed during the quarter for which this
report is filed.
-8-
-6-
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