[DESCRIPTION] Telemundo Group, Inc.
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-Q/A
QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
For the Quarter Ended March 31, 1996
Commission File Number 0-16099
Telemundo Group, Inc.
(Exact name of registrant as specified in its charter)
DELAWARE 13-3348686
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
2290 WEST 8TH AVENUE
HIALEAH, FLORIDA 33010
(Address of principal executive offices) (Zip Code)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (305) 884-8200
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 such
filing requirements for the past 90 days. Yes x No __
Indicate by check mark whether the registrant has filed all documents and
reports required to be filed by Section 12, 13 or 15(d) of the Securities
Exchange Act of 1934 subsequent to the distribution of securities under a plan
confirmed by a court. Yes x No __
As of May 10, 1996, 10,000,200 shares of Common Stock of Telemundo Group,
Inc. were outstanding.
<PAGE>
This statement is amended by including the item listed below as an
exhibit:
1) Financial Data Schedule
<PAGE>
Item 6. Exhibits and Reports on Form 8-K
--------------------------------
(a) Exhibits
27.1 Financial Data Schedule
<PAGE>
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.
TELEMUNDO GROUP, INC.
(Registrant)
/s/ Peter J. Housman II
-----------------------------
Date: June 26, 1996 Peter J. Housman II
(Authorized Officer and Chief Financial
Officer)
<TABLE> <S> <C>
<ARTICLE> 5
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-END> MAR-31-1996
<CASH> 6,502,000
<SECURITIES> 0
<RECEIVABLES> 41,333,000
<ALLOWANCES> 3,093,000
<INVENTORY> 0
<CURRENT-ASSETS> 62,630,000
<PP&E> 76,284,000
<DEPRECIATION> 11,246,000
<TOTAL-ASSETS> 274,247,000
<CURRENT-LIABILITIES> 33,832,000
<BONDS> 175,828,000
0
0
<COMMON> 100,000
<OTHER-SE> 33,217,000
<TOTAL-LIABILITY-AND-EQUITY> 274,247,000
<SALES> 0
<TOTAL-REVENUES> 38,267,000
<CGS> 0
<TOTAL-COSTS> 38,532,000
<OTHER-EXPENSES> 1,721,000
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 3,820,000
<INCOME-PRETAX> (8,565,000)
<INCOME-TAX> 904,000
<INCOME-CONTINUING> (9,691,000)
<DISCONTINUED> 0
<EXTRAORDINARY> (17,243,000)
<CHANGES> 0
<NET-INCOME> (26,934,000)
<EPS-PRIMARY> (2.69)
<EPS-DILUTED> (2.69)
</TABLE>
