<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D. C. 20549
FORM 10-Q/A
AMENDMENT NO. 1
(Mark one)
[X] QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended March 31, 1996
--------------------------
OR
[_] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from to
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Commission File Number: 1-10520
HEARTLAND PARTNERS, L.P.
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(Exact name of registrant as specified in its charter)
DELAWARE 36-3606475
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(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
547 WEST JACKSON BOULEVARD, CHICAGO, ILLINOIS 60661
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(Address of principal executive offices) (Zip Code)
312/294-0440
--------------------------------
(Registrant's telephone number, including area code)
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(Former name, former address and former fiscal year,
if changed since last report)
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
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EXPLANATORY NOTE
This Amendment No. 1 on Form 10-Q/A to the Quarterly Report on Form 10-Q of
Heartland Partners, L.P. for the quarterly period ended March 31, 1996 amends
Item 6 of Part II solely to correct Exhibit 27.
ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K
(a) Exhibits
Exhibit 27 - Amended Financial Data Schedule (filed herewith)
(b) Reports on Form 8-K; No report on Form 8-K was filed during the quarter
ended March 31, 1996.
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HEARTLAND PARTNERS, L.P.
MARCH 31, 1996
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this amendment to be signed on its behalf by the
undersigned thereunto duly authorized.
HEARTLAND PARTNERS, L.P.
(Registrant)
Date: May 20, 1996 By: /s/ Edwin Jacobson
-------------------------------------
President and Chief Executive Officer
Milwaukee Land Company,
General Partner
Date: May 20, 1996 By: /s/ Leon F. Fiorentino
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Vice President-Finance, Secretary and
Treasurer of Milwaukee Land Company,
General Partner
2
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HEARTLAND PARTNERS, L.P.
EXHIBIT INDEX
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Exhibit
Number Description
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27 Amended Financial Data Schedule (filed herewith)
3
<TABLE> <S> <C>
<PAGE>
<ARTICLE> 5
<LEGEND> This schedule contains summary financial information extracted from
the financial statements contained in the body of the accompanying Form 10-Q
and is qualified in its entirety by reference to such financial statements.
</LEGEND>
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-START> JAN-01-1996
<PERIOD-END> MAR-31-1996
<CASH> 724
<SECURITIES> 4,071
<RECEIVABLES> 547
<ALLOWANCES> 0
<INVENTORY> 21,617
<CURRENT-ASSETS> 0<F1>
<PP&E> 0
<DEPRECIATION> 749
<TOTAL-ASSETS> 26,584
<CURRENT-LIABILITIES> 0<F1>
<BONDS> 0
<COMMON> 0
0
0
<OTHER-SE> 20,568
<TOTAL-LIABILITY-AND-EQUITY> 26,584
<SALES> 137
<TOTAL-REVENUES> 530
<CGS> 40
<TOTAL-COSTS> 40
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 0
<INCOME-PRETAX> 0
<INCOME-TAX> 0
<INCOME-CONTINUING> 0
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (1,031)
<EPS-PRIMARY> (.47)<F2>
<EPS-DILUTED> (.47)<F2>
<FN>
<F1> Total current assets and total current liabilities are not applicable
because the Registrant does not present a classified balance sheet.
<F2> EPS primary and EPS diluted represents net income (loss) allocated to Class
A Limited Partners per Class A Limited Partnership Unit.
</FN>
</TABLE>
