BIG RIVER PRODUCTIONS LIMITED PARTNERSHIP
FINANCIAL STATEMENTS
DECEMBER 31, 1996
BIG RIVER PRODUCTIONS LIMITED PARTNERSHIP
INDEX
Part I PAGE
Item 1 - Business 1
Item 2 - Properties 1
Item 3 - Legal Proceedings 1
Part II
Item 4 - Submission of matter to vote of
security holders 1
Item 5 - Market for registrants common
equity and related stockholders
matters 1
Item 6 - Selected Financial Data 1
Item 7 - Managements discussion and analysis
of financial condition and results
of operations 1
Item 8 - Financial statements and supplementary
data 1
Item 9 - Disagreements on accounting and
financial disclosure 1
Part III
Item 10 - Directors and executive officers 1
Item 11 - Executive Compensation 1
Item 12 - Security Ownership 1
Item 13 - Certain relationship and related
transactions 1
Part IV
Item 14 - Financial statements 2-7
Signatures 8
Item 1 - Business
The Big River Productions Limited Partnership owns the rights
to the play Big River. As of December 31, 1996 the play was
being performed on tour.
Item 2 - Properties
Partnership maintains through its general partners offices at
1501 Broadway, New York, New York.
Item 3 - Legal Proceedings
NONE
Item 4 - Submission of matters to a vote of Security Holders
Not Applicable
Item 5 - Market for Registrants Common Equity & Stockholder Matters
Not Applicable
Item 6 - Selected Financial Data
The following table sets forth selected financial information
regarding the Company's financial position and operating
results. This information should be read in conjunction with
the financial statements and notes thereto and Managements
discussion and analysis of financial condition and results of
operations, appearing elsewhere in this report.
Income from continuing operation $41,838
Total Assets $65,094
Non-Current Obligations -0-
Item 7 - Managements Discussion and Analysis of financial condition and
results of operations
The Partnership was capitalized by $2,500,000 of partners
contributions during 1985 for the purpose of producing on
Broadway a dramatic - musical play entitled "Big River". The
Company's primary revenue source is from royalties from
licensing agreem ents. The Company's royalty income was
$47,565 during 1996.
Item 8 - Financial Statement and Supplementary Data
The financial statements and supplementary data listed on he
accompanying Index to financial statements and Index to
financial schedule are hereby incorporated herein by this
reference and filed as part of this report.
Item 9 - Disagreements on Accounting and Financial Disclosures
NONE
Item 10 - 13 Not Applicable
BIG RIVER PRODUCTIONS LIMITED PARTNERSHIP
BALANCE SHEET
DECEMBER 31, 1996
ASSETS
1996 1995
Current Assets
Cash in Bank $65,094 $22,056
---------- -------
Total Assets $65,094 $22,056
======= =======
LIABILITY & PARTNERS CAPITAL
Current Liabilities
Accrued Expenses $5,700 $4,500
------ ------
Total Liabilities 5,700 4,500
Partners Capital
Partners Capital 59,394 17,556
------ -----
Total Partners Capital 59,394 17,556
Total Liabilities & Partners Capital $65,094 $22,056
======= =======
See accountants compilation report.
BIG RIVER PRODUCTIONS LIMITED PARTNERSHIP
STATEMENT OF INCOME AND PARTNERS' CAPITAL
FOR THE TWELVE MONTHS ENDED DECEMBER 31,
1996 1995
Income:
Royalty $47,565 $64,941
------- -------
Total income 47,565 64,941
Less: Expenses
Royalty Expense 150 9,967
General Manager Fee 1,200 2,400
Professional 4,950 4,500
Administration Expense 0 950
------ ------
Total Expenses 6,300 17,817
Net Income Before Taxes 41,625 47,124
Provision for NYC Unincorporated
Business Tax 1,500 1,560
------ -----
Net Income Before Interest Income 39,765 45,564
Interest Income 2,073 433
----- ------
Net Income 41,838 45,997
Partners' Capital - Beginning of year 17,556 46,559
Less: Distribution to Partner's 0 (75,000)
------- --------
Partners' Capital - End of year $59,394 $17,556
======= ========
See notes attached
BIG RIVER PRODUCTIONS LIMITED PARTNERSHIP
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED DECEMBER 31,
1996 1995
CASH FLOWS FROM OPERATING ACTIVITIES
Net Income $41,838 $45,997
Adjustments to reconcile net income to net
cash provided by operating activities
Increase/(Decrease)in accrued expenses 1,200 705
----- -----
Total Adjustments 1,200 705
---- -----
Net Cash Provided by Operating Activities 43,038 46,702
CASH FLOWS FROM FINANCING ACTIVITIES
Capital Distributions 0 (75,000)
------ ---------
Net cash used for financing activities 0 (75,000)
------ -------
Net cash increas/(decrease)for year 43,038 (28,298)
Cash and Cash equivalents
at beginning of year 22,056 50,354
------- --------
Cash and cash equivalents at end of year $65,094 $22,056
======= =======
See notes attached
BIG RIVER PRODUCTIONS LIMITED PARTNERSHIP
NOTES TO FINANCIAL STATEMENTS
DECEMBER 31, 1996 AND 1995
Note 1 - General
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
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
The Company has no long term leases.
SIGNATURES
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.
BIG RIVER PRODUCTIONS LIMITED PARTNERSHIP
(Registrant)
Date: ________________________ /s/Edward Strong
_____________________________
By: Edward Strong
(Officer)
David, Strong, Warner, General Partner
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-K
ANNUAL REPORT UNDER SECTION 13 OR 15(D)
OF THE SECURITIES EXCHANGE ACT OF 1934
FOR THE FOR THE YEAR ENDED DECEMBER 31, 1996 COMMISSION FILE# 294790-NY
----------
BIG RIVER PRODUCTIONS LIMITED PARTNERSHIP
------------------------------------------
NEW YORK 13-3243107
- ----------------------------------------------------------------
(State of other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
1501 BROADWAY NEW YORK, NEW YORK 10036
- -------------------------------------------------------------------
(Address of principal executive offices) (Zip Code)
Registrants telephone number, including Area Code (212) 575-9710
---------------
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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