SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-K
Annual report pursuant to Section 13 or 15(d) of the Securities Exchange Act
of 1934
For the fiscal year ended Commission File Number 0-17555
December 31, 1996
Everest Futures Fund, L.P.
(Exact name of registrant as specified in its charter)
Iowa 42-1318186
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
508 North Second St. 52556
Suite 302, Fairfield, Iowa (Zip Code)
(Address of principal executive offices)
Registrant's telephone number, including area code: (515) 472-5500
Securities registered pursuant to Section 12(b) of the Act: None
Securities registered pursuant to Section 12(g) of the Act:
Units of Limited Partnership Interest
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 if disclosure of delinquent filers pursuant to Item 405
of Regulation S-K is not contained herein and will not be contained to the
best of the Registrant's knowledge, in definitive proxy or information
statements incorporated by reference in Part III of Form 10-K: [ X ]
There is no pubic market for the Units of limited partnership interest.
Accordingly, information with respect to the aggregate market value of Units
of Limited Partnership Interest held by non-affiliates has not been supplied.
Registrant has no voting stock
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) 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.
Date: March 28, 1997 Everest Futures Fund, L.P.
By: Everest Asset Management, Inc.
(General Partner)
By: /s/ Peter Lamoureux
Peter Lamoureux, President
Secretary and Treasurer
By: /s/ Teresa Prange
Teresa Prange, Chief Financial
Officer
Pursuant to the requirements of the Securities Exchange Act of 1934, this
report has been signed below by the following persons on behalf of the
Registrant and in the capacities and on the date indicated.
Date: March 28, 1997
By: /s/ Steven Rubin By: /s/ Peter Lamoureux
Steven Rubin, Director Peter Lamoureux, President
Secretary & Treasurer
By: /s/ Steven Foster By: /s/ Teresa Prange
Steven Foster, Director Teresa Prange, Chief
Financial Officer
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from Everest
Futures Fund, L.P. for the year 1996 and is qualified in its entirety by
reference to such 10-K.
</LEGEND>
<CIK> 0000837919
<NAME> EVEREST FUTURES FUND LP
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-END> DEC-31-1996
<CASH> 12,420,621
<SECURITIES> 0
<RECEIVABLES> 57,780
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 0
<PP&E> 0
<DEPRECIATION> 0
<TOTAL-ASSETS> 12,478,401
<CURRENT-LIABILITIES> 1,265,882
<BONDS> 0
0
0
<COMMON> 0
<OTHER-SE> 11,212,519
<TOTAL-LIABILITY-AND-EQUITY> 12,478,401
<SALES> 0
<TOTAL-REVENUES> 2,799,059
<CGS> 0
<TOTAL-COSTS> 719,381
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 0
<INCOME-PRETAX> 2,079,678
<INCOME-TAX> 0
<INCOME-CONTINUING> 2,079,678
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 2,079,678
<EPS-PRIMARY> 377.35
<EPS-DILUTED> 377.35
</TABLE>
