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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K/A
(Amendment No. 1)
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) February 20, 1997
Brauvin Net Lease V, Inc.
(Exact name of registrant as specified in its charter)
Maryland 0-28332 36-3913066
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification
organization) Number)
150 South Wacker Drive, Suite 3200, Chicago, Illinois 60606
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (312) 443-0922
Not Applicable
(Former name or former address, if changed since last report)
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Item 7. Financial Statements and Exhibits
(a)(1) Financial Information
Summarized financial information for the tenant at the
Firestone Facility follows:
The summarized financial information is derived from the
audited financial statements of Bridgestone Corporation
and Consolidated Subsidiaries as filed with the Tokyo
Stock Exchange in its most recent (1995) Annual Report.
Separate financial information of the Firestone subsidiary
is not available to the Company.
($000 Ommitted)
Net Sales $16,375,107
Selling, General and
Administrative Expense 4,722,689
Net Earnings 525,660
Assets 16,214,427
Long-Term Debt 1,619,825
Shareholders' Equity 5,292,087
Summarized financial information for the tenant at the
Jiffy Lube Facility follows:
The summarized financial information is derived from the
audited financial statements of Pennzoil Company and
Subsidiaries ( of which Jiffy Lube International of
Maryland, Inc. is an indirect wholly owned subsidiary) as
filed with the Securities and Exchange Commission in its
1996 Annual Report on Form 10-K dated March 4, 1997.
Pennzoil subsidiary financial information of the tenant is
not available to the Company, however the following
information is presented on the consolidated operations of
the Jiffy Lube International, Inc. segment. (Jiffy Lube
International Inc. is the guarantor of this lease).
($000 Ommitted)
Segment Revenues $303,700
Segment Operating Income 21,383
Segment Identifiable Assets 339,293
Ownership of shares in Brauvin Net Lease V, Inc. does not provide
shareholders with any financial interest in Bridgestone or
Pennzoil.
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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, hereunto duly authorized.
BRAUVIN NET LEASE V, INC.
By: /s/ Jerome J. Brault
Jerome J. Brault
President and Chief Executive Officer
Dated: April 30, 1997
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