This Amendment is solely for purpose of adding sub-section "Liquidity and
Capital Resources" to Part 1, Item 2 "Management's Discussion and Analysis".
AMENDMENT NO. 1
TO
FORM 10-Q/A
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Quarterly Report Under Section 13 or 15 (d)
of the Securities and Exchange Act of 1934
For the Quarter Ended July 31, 1995
Commission File Number 33-3466-A
Communication Cable, Inc.
Incorporated Under the Laws of North Carolina
IRS Employer Identification Number 56-1433144
Communication Cable, Inc.
PO Box 1757
1378 Charleston Drive
Sanford, NC 27331
919-775-7775
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 month (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 the number of shares outstanding of each of the issuer's
classes of common stock, as of the close of the period covered by this report.
Class Shares Outstanding
----- ------------------
Common Stock, $1.00 par value 2,574,005
<PAGE>
PART 1-FINANCIAL INFORMATION
Item 2. Management's Discussion and Analysis of Financial Condition and Results
of Operations.
The Registrants' 10-Q for the Period Ended July 31, 1995 is amended by adding to
Part 1, Item 2, under Management's Discussion and Analysis of Financial
Condition and Results of Operation for the Nine Month Period Ended July 31,
1995, the following additional Sub-Section:
LIQUIDITY AND CAPITAL RESOURCES
At July 31, 1995, the Company had working capital of $15,811,266, compared to
$14,301,445 at October 31, 1994. Cash and cash equivalents at July 31, 1995 were
$3,115,838 compared to $1,797,290 at October 31, 1994, an increase of
$1,318,548. Net cash provided by operating activities for the nine months ended
July 31, 1995 was $1,825,059. For the nine months ended July 31, 1995, net cash
used by investing activities was $(221,646) and net cash used by financing
activities was $(284,865). At July 31, 1995, the current ratio was 4.46 and the
long-term debt to equity ratio was .22, compared to 4.07 and .25, respectively
at October 31, 1994. It is the intention of the Company to maintain sufficient
liquid current assets (cash, cash equivalents, and accounts receivable) to fund
current liabilities as well as to provide sufficient working capital to act on
market improvements or acquisition opportunities. A key management objective
continues to be to support growth with internally generated funds as much as
possible. External sources have only been used to develop the long-term
objectives of the Company and not for current operating requirements or
obligations.
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.
Communication Cable, Inc.
(Registrant)
Dated: January 4, 1996 ______________________
James R. Fore
President, Principal
Executive Officer
Dated: January 4, 1996 ______________________
William B. Cooper
Secretary-Treasurer, and
Vice President of Finance
