AMBASSADOR FOOD SERVICE CORPORATION
P.O. BOX 419586
Kansas City, Missouri 64111
January 30, 1996
Securities and Exchange Commission
Washington, D.C. 20549
Gentlemen:
Pursuant to the requirements of the Securities Exchange Act of
1934, we are transmitting herewith the attached Form 10QSB AMMENDMENT #1.
Sincerely,
AMBASSADOR FOOD SERVICE CORP.
Richard A. Mitchell
Richard A. Mitchell, Vice President
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 10-QSB AMMENDMENT #1
QUARTERLY REPORT UNDER SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
For the Quarter Ended November 30, 1995
Commission File Number 0-1744
Ambassador Food Services Corporation
Delaware 44-0656199
(State or other jurisdiction of (IRS Employer Identification #)
incorporation or organization)
Post Office Box 419586 3269 Roanoke Road
Kansas City, Missouri 64141-6586 Kansas City, Missouri 64111-3785
(Address of principal executive offices)
816-561-6474
(Registrant's Telephone Number, Including Area Code)
No changes
(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 twelve 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 ninety days.
YES X NO
Indicate 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:
Common Stock ($1.00 par value) 702,857 shares outstanding as of
1/15/96.
AMBASSADOR FOOD SERVICES CORPORATION
AND SUBSIDIARIES
REVISED EXHIBIT INDEX
Page
Number
PART 1. FINANCIAL INFORMATION
Item 1. Financial Statements
Condensed Consolidated Balance Sheets
November 30,1995 (Unaudited) and June 1, 1995 3
Consolidated Statements of Income
Six months ended November 30, 1995
(Unaudited) and December 1, 1994 (Unaudited) 4
Condensed Consolidated Statement of Cash Flows
Six months ended November 30, 1995
(Unaudited) 4
Notes to Condensed Consolidated
Financial Statements (Unaudited) 5
Item 2. Management's Discussion and Analysis of
Financial Condition and Results of Operations 5
Signatures 6
Item 3. Financial Data Schedule (Unaudited) 7
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, there-unto duly
authorized.
AMBASSADOR FOOD SERVICES CORPORATION
(Registrant)
By
Arthur D. Stevens Date April 15, 1996
President/Chairman of the Board
By
Richard A. Mitchell Date April 15, 1996
Assistant Secretary
<TABLE> <S> <C>
<ARTICLE> 5
<S> <C>
<PERIOD-TYPE> OTHER
<FISCAL-YEAR-END> MAY-30-1996
<PERIOD-END> NOV-30-1995
<CASH> 248,799
<SECURITIES> 0
<RECEIVABLES> 1,260,198
<ALLOWANCES> 31,535
<INVENTORY> 543,489
<CURRENT-ASSETS> 2,225,491
<PP&E> 7,497,941
<DEPRECIATION> 5,491,381
<TOTAL-ASSETS> 5,879,955
<CURRENT-LIABILITIES> 2,592,033
<BONDS> 856,584
<COMMON> 1,009,230
0
0
<OTHER-SE> 532,748
<TOTAL-LIABILITY-AND-EQUITY> 5,879,955
<SALES> 9,999,247
<TOTAL-REVENUES> 9,999,247
<CGS> 4,040,752
<TOTAL-COSTS> 8,023,519
<OTHER-EXPENSES> 1,709,002
<LOSS-PROVISION> 9,997
<INTEREST-EXPENSE> 115,064
<INCOME-PRETAX> 141,665
<INCOME-TAX> 0
<INCOME-CONTINUING> 141,665
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 141,665
<EPS-PRIMARY> .20
<EPS-DILUTED> .20
</TABLE>
