CROWN ANDERSEN INC
10-Q/A, 2000-08-10
INDUSTRIAL & COMMERCIAL FANS & BLOWERS & AIR PURIFING EQUIP
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<PAGE>

                       SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                                  FORM 10-Q/A

                   QUARTERLY REPORT UNDER SECTION 13 or 15(d)
                     OF THE SECURITIES EXCHANGE ACT OF 1934


  FOR QUARTER ENDED      June 30, 2000       COMMISSION FILE NUMBER    0-14229
                     ----------------------                          -----------

                              CROWN ANDERSEN INC.
--------------------------------------------------------------------------------
            (Exact name of registrant as specified in its charter)



              Delaware                              58-1653577
--------------------------------------------------------------------------------
   (State or other jurisdiction of               (I.R.S. Employer
   incorporation or organization)                Identification No.)



   306 Dividend Drive, Peachtree City, Georgia          30269
--------------------------------------------------------------------------------
    (Address of principal executive offices)          (Zip Code)


  Registrant's telephone number, including area code      (770) 486-2000
                                                     ---------------------------


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 filing such
requirements for the past 90 days.  Yes  X   No
                                        ---     ---

==============================================================================
                Class                       Outstanding at June 30, 2000
    -----------------------------           ----------------------------
    Common Stock, $0.10 Par Value                 1,838,614 shares


                                 Page 1 of 13
<PAGE>

<TABLE>
<CAPTION>
                                         CROWN ANDERSEN INC AND SUBSIDIARIES
                                        CONSOLIDATED STATEMENTS OF OPERATIONS
                                              AND COMPREHENSIVE INCOME
                                                    (Unaudited)

                                             FOR THE THREE MONTHS         FOR THE NINE MONTHS
                                                 ENDED JUNE 30,             ENDED JUNE 30,
                                          --------------------------   -------------------------
                                             2000            1999           2000          1999
                                          ----------      ----------   -----------   -----------
<S>                                       <C>             <C>          <C>           <C>
REVENUES:
  Contracts                               $5,223,984      $3,815,328   $15,038,076   $11,865,787
  Sales                                      491,459         397,743     1,273,194     1,464,130
  Other                                            -          35,782             -        62,920
                                          ----------      ----------   -----------   -----------
                                           5,715,443       4,248,853    16,311,270    13,392,837
                                          ----------      ----------   -----------   -----------

COSTS AND EXPENSES:
  Cost of contracts and sales              4,963,046       3,709,069    13,019,245    11,153,396
  Selling, general and administrative      1,041,005         829,323     3,237,532     2,438,395
  Interest and other                         (51,297)          8,351       (61,613)          592
                                          ----------      ----------   -----------   -----------
                                           5,952,754       4,546,743    16,195,164    13,592,383
                                          ----------      ----------   -----------   -----------
  Income (loss) from operations before
    taxes on income                         (237,311)       (297,890)      116,106      (199,546)
TAXES ON INCOME (BENEFIT)                    (88,500)       (113,400)       52,800       (78,700)
                                          ----------      ----------   -----------   -----------
    NET INCOME (LOSS)                     $ (148,811)     $ (184,490)  $    63,306   $  (120,846)
                                          ==========      ==========   ===========   ===========

AVERAGE NUMBER OF SHARES - BASIC           1,838,614       1,832,939     1,836,556     1,749,369
AVERAGE NUMBER OF SHARES - DILUTED         1,838,614       1,832,939     1,836,556     1,749,369

EARNINGS (LOSS) PER SHARE
 BASIC                                    $    (0.08)     $    (0.10)   $     0.03   $     (0.07)
 DILUTED                                  $    (0.08)     $    (0.10)   $     0.03   $     (0.07)





                      CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME(LOSS):

                                              FOR THE THREE MONTHS         FOR THE NINE MONTHS
                                                  ENDED JUNE 30,             ENDED JUNE 30,
                                            ------------------------   --------------------------
                                               2000          1999         2000            1999
                                            ----------    ----------   -----------     -----------
<S>                                         <C>           <C>           <C>            <C>
NET INCOME (LOSS)                           $ (148,811)   $ (184,490)   $    63,306    $  (120,846)
OTHER COMPREHENSIVE INCOME
 Foreign Currency Translation Adjustment          (231)      (64,349)      (178,614)      (204,679)
                                            ----------    ----------    -----------    -----------
COMPREHENSIVE LOSS                          $ (149,042)   $ (248,839)   $  (115,308)   $  (325,525)
                                            ==========    ==========    ===========    ===========
</TABLE>



         See accompanying Notes to Consolidated Financial Statements.

                                       4
<PAGE>

                     CROWN ANDERSEN INC. AND SUBSIDIARIES

                                    PART II

                               OTHER INFORMATION
                        -------------------------------

ITEM 6.   Exhibits and Reports on Form 8-K
------    --------------------------------

          No reports on Form 8-K were filed during the quarter ended June 30,
          2000



                                   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.

                                         CROWN ANDERSEN INC.



Dated:   August 10, 2000                 By: /s/ Jack D. Brady
         --------------                      -------------------------------
                                             Jack D. Brady
                                             Chairman of the Board
                                             (Duly Authorized Officer)


Dated:   August 10, 2000                 By: /s/ Milton Emmanuelli
         --------------                      ------------------------------
                                             Milton Emmanuelli
                                             Treasurer
                                             (Principal Financial Officer)

                                       13


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