[The Company inadvertently omitted to file as an Exhibit the Financial Data
Schedule in its Form 10-KSB filed on March 31, 1997]
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-KSB/A
(AMENDMENT NO. 1)
[X] Annual Report Under Section 13 or 15(d) of the
Securities Exchange Act of 1934
for the fiscal year ended December 31, 1996
[ ] Transition Report Under Section 13 or 15(d) of
the Securities Exchange Act of 1934
For the transition period from __________ to ___________
Commission File Number: 33-90696
--------
ANDEAN DEVELOPMENT CORPORATION
---------------------------------------------
(Name of small business issuer in its charter)
FLORIDA 65-0648697
-------------- ------------------------------------
(State or other (I.R.S. Employer Identification No.)
jurisdiction of
incorporation
or organization)
1900 GLADES ROAD, SUITE 351
BOCA RATON, FLORIDA 33431
---------------------------------------- ----------
(Address of Principal Executive Offices) (Zip Code)
Issuer's telephone number (561) 416-8930
Securities registered pursuant to Section 12(b) of the Act:
None
Securities registered pursuant to Section 12(g) of the Act:
TITLE OF CLASSES:
Common Stock, $.0001 par value
Redeemable Common Stock Purchase Warrants
Check whether the Issuer (1) filed all reports required to be filed by
Section 13 or 15(d) of the Exchange Act during the past 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.
(1) Yes[X] No [ ] (2) Yes[X] No [ ]
<PAGE>
Indicate by check mark if disclosure of delinquent filers pursuant to
Item 405 of Regulation S-B is not contained herein, and will not be contained,
to the best of Registrant's knowledge, in definitive proxy or information
statements incorporated by reference in Part III of this Form 10-KSB or any
amendment to this Form 10-KSB [ ].
The Issuer's revenue for its most recent fiscal year was $3,423,552.
The aggregate market value of the voting stock held by non-affiliates
as of December 31, 1996 was approximately $7,425,000. This determination was
based on the average bid and ask price of the stock, as of December 31, 1996.
The number of shares outstanding of the Registrant's sole class of
common stock as of December 31, 1996 was 2,820,100 shares.
Documents Incorporated by Reference to the Company's Registration
Statement File No: 33 90696.
2
<PAGE>
SIGNATURES
In accordance with Section 13 or 15(d) of the Securities and Exchange
Act of 1934, as amended the Registrant certifies that it has duly caused this
Form 10-KSB/A to be signed on its behalf by the undersigned, thereunto duly
authorized on the 3 of June, 1997.
ANDEAN DEVELOPMENT CORPORATION
BY: /s/ PEDRO P. ERRAZURIZ
------------------------------
Pedro P. Errazuriz , President
(Principal Executive Officer)
BY: /s/ JOSE LUIS YRARRAZAVAL
----------------------------
Jose Luis Yrarrazaval,
Secretary/Treasurer
(Principal Accounting Officer)
Pursuant to the requirements of the Securities Exchange Act of 1934,
as amended, this Form 10-KSB/A has been signed by the following persons in the
capacity and on the dates indicated.
Dated: June 3, 1997 BY: /s/ PEDRO P. ERRAZURIZ
------------------------------
Pedro P. Errazuriz
Dated: June 3, 1997 BY: /s/ JOSE LUIS YRARRAZAVAL
----------------------------
Jose Luis Yrarrazaval
<PAGE>
EXHIBIT INDEX
EXHIBIT DESCRIPTION
- ------- -----------
27 Financial Data Schedule
<TABLE> <S> <C>
<ARTICLE> 5
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> DEC-31-1996
<CASH> 3,766,916
<SECURITIES> 0
<RECEIVABLES> 2,912,723
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 6,841,310
<PP&E> 165,557
<DEPRECIATION> (87,119)
<TOTAL-ASSETS> 8,839,997
<CURRENT-LIABILITIES> 498,217
<BONDS> 0
0
0
<COMMON> 282
<OTHER-SE> 8,159,480
<TOTAL-LIABILITY-AND-EQUITY> 8,839,997
<SALES> 3,423,552
<TOTAL-REVENUES> 3,423,552
<CGS> 1,074,826
<TOTAL-COSTS> 0
<OTHER-EXPENSES> (251,795)
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 325,777
<INCOME-PRETAX> 1,493,289
<INCOME-TAX> 151,215
<INCOME-CONTINUING> 1,342,074
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 1,342,074
<EPS-PRIMARY> .81
<EPS-DILUTED> .81
</TABLE>