SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
FORM 10-Q
X QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the 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:
Commission file number 0-19411
SUMMIT CARE CORPORATION
(Exact name of Registrant as specified in its charter)
California 95-3656297
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
2600 W. Magnolia Blvd.
Burbank, California 91505-3031
(address of principal executive offices)
(818) 841-8750
(Registrant's telephone number, including area code)
Indicate by checkmark whether the Registrant (1) has filed all reports requir-
ed 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 Registrant
was required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days.
Yes X No
APPLICABLE ONLY TO ISSUERS INVOLVED IN
BANKRUPTCY PROCEEDINGS DURING THE PRECEDING FIVE YEARS
Indicate by checkmark whether the Registrant (1) has filed all documents and
reports required to be filed by Sections 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 No
APPLICABLE ONLY TO CORPORATE ISSUERS
Indicate the number of shares outstanding of each of the issuer's classes of
common stock, as of the latest practicable date.
Shares of Registrant's common stock outstanding at March 31, 1996 --
6,765,800
<PAGE>
PART II
SUMMIT CARE CORPORATION
OTHER INFORMATION
Quarter Ended
March 31, 1996
Item 6. EXHIBITS AND REPORTS ON FORM 8-K
(a) Exhibits
Financial Data Schedule EX-27
(b) Reports on Form 8-K
NONE
SUMMIT CARE CORPORATION
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Company
has duly caused this report to be signed on its behalf by the undersigned
there unto duly authorized.
SUMMIT CARE CORPORATION
Date: May 13, 1996 By: S/DERWIN L. WILLIAMS
--------------------
Derwin L. Williams
Sr.Vice President-Finance
Chief Financial Officer
Date: May 13, 1996 By: S/MELODYE STOK
--------------------
Melodye Stok
Vice President-Controller
Chief Accounting Officer
<TABLE> <S> <C>
<ARTICLE> 5
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> JUN-30-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> MAR-31-1996
<CASH> 958
<SECURITIES> 0
<RECEIVABLES> 30744
<ALLOWANCES> 1281
<INVENTORY> 2052
<CURRENT-ASSETS> 42245
<PP&E> 177914
<DEPRECIATION> 20358
<TOTAL-ASSETS> 212370
<CURRENT-LIABILITIES> 27252
<BONDS> 0
0
0
<COMMON> 51404
<OTHER-SE> 0
<TOTAL-LIABILITY-AND-EQUITY> 212370
<SALES> 45232
<TOTAL-REVENUES> 45232
<CGS> 43155
<TOTAL-COSTS> 43155
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 694
<INTEREST-EXPENSE> 1919
<INCOME-PRETAX> 2077
<INCOME-TAX> 750
<INCOME-CONTINUING> 0
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 1327
<EPS-PRIMARY> .19
<EPS-DILUTED> 0
</TABLE>
