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: 5/14/97 /s/Edward Strong
_____________ ________________________
By: Edward Strong
(Officer)
David, Strong, Warner, General Partner
BIG RIVER PRODUCTIONS LIMITED PARTNERSHIP
FINANCIAL STATEMENTS
MARCH 31, 1997
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, 1997 COMMISSION FILE# 2-94790-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
__ __
BIG RIVER PRODUCTIONS LIMITED PARTNERSHIP
_________________________________________
INDEX
_____
PAGE
Part I Financial Information:
Item I - Financial Statements
Balance Sheet - March 31, 1997 (Unaudited) 3
Statement of Profit & Loss
Period Ended March 31, 1997 (Unaudited) 4
Statement of Cash Flows
Period Ended March 31, 1997 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
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, 1997, 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, 1997
BIG RIVER PRODUCTIONS LIMITED PARTNERSHIP
BALANCE SHEET
MARCH 31, 1997
(unaudited)
ASSETS
Current Assets
Cash and Money Market Accounts $6,634
______
Total Assets $6,634
======
LIABILITY & PARTNERS CAPITAL
Current Liabilities
Accrued Expenses $5,700
Partners Capital
Partners Capital 934
___
Total Liabilities & Partners Capital $6,634
======
See accountants compilation report.
-3-
BIG RIVER PRODUCTIONS LIMITED PARTNERSHIP
STATEMENT OF PROFIT & LOSS AND PARTNERS' CAPITAL
FOR THE THREE MONTHS ENDED MARCH 31, 1997
Royalty Income $45,340
Less: Cost & Expenses (59,363)
_______
Net Income Before Interest (14,023)
Interest Income 563
________
Net Income (13,460)
Partners' Capital - January 1, 1997 59,394
Capital Distributions (45,000)
_______
Partners' Capital - March 31, 1997 $ 934
=======
See notes attached
-4-
BIG RIVER PRODUCTIONS LIMITED PARTNERSHIP
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED MARCH 31, 1997
CASH FLOWS FROM OPERATING ACTIVITIES
Net Income/(Loss) $(13,460)
________
Net Cash Provided by Operating Activities (13,460)
Net Cash Provided by Investing Activities:
Capital Distributions (45,000)
________
Total Cash Provided by Investing Activities (45,000)
________
Net Change in Cash (58,460)
Cash and Cash equivalents at beginning of year 65,094
______
Cash and cash equivalents on March 31, 1997 $ 6,634
=======
See notes attached
-5-
BIG RIVER PRODUCTIONS LIMITED PARTNERSHIP
NOTES TO FINANCIAL STATEMENTS
MARCH 31, 1997
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 considere d to be
cash equivalents.
Note 3 - Commitments & Contingencies
_________________________
The Company has no long term leases.
-6-
Item 2
MANAGEMENT'S DISCUSSIONS AND ANALYSIS OF FINANCIAL
___________________________________________________
CONDITION AND RESULTS OF OPERATIONS
______________________________________
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, 1997 were $45,340.
-7-
EXHIBITS AND REPORTS ON FORM 8-K
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-
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