Item 1 - Business The Big River Productions Limited Partnership owns the rights to the play Big River. As of December 31, 1997 the play was being performed on tour.
Item 2
Item 2 - Properties Partnership maintains through its general partners offices at 1501 Broadway, New York, New York.
Item 3
Item 3 - Legal Proceedings NONE
Item 4
Item 4 - Submission of matters to a vote of Security Holders Not Applicable
Item 5
Item 5 - Market for Registrants Common Equity & Stockholder Matters Not Applicable
Item 6
Item 6 - Selected Financial Data The following table sets forth selected financial information regarding the Company's financial position and operating results. This information should be read in conjunction with the financial statements and notes thereto and Managements discussion and analysis of financial condition and results of operations, appearing elsewhere in this report.
Income from continuing operation $ (2 ,654) Total Assets $18,384 Non-Current Obligations -0-
Item 7
Item 7 - Managements Discussion and Analysis of financial condition and results of operations The Partnership was capitalized by $2,500,000 of partners contributions during 1985 for the purpose of producing on Broadway a dramatic - musical play entitled "Big River". The Company's primary revenue source is from royalties from licensing agreements. The Company's royalty income was $ 6,445 during 1997.
Item 8
Item 8 - Financial Statement and Supplementary Data The financial statements and supplementary data listed on he accompanying Index to financial statements and Index to financial schedule are hereby incorporated herein by this reference and filed as part of this report.
Item 9
Item 9 - Disagreements on Accounting and Financial Disclosures NONE
Item 10
Item 10 - 13 Not Applicable
BIG RIVER PRODUCTIONS LIMITED PARTNERSHIP BALANCE SHEET DECEMBER 31, 1997
ASSETS
1997 1996 ----- -----
Current Assets $18,384 $65,094 ------- ------- Cash in Bank $18,384 $65,094 ------- =======
Total Assets
LIABILITY & PARTNERS CAPITAL
Current Liabilities
Accrued Expenses $6,644 $5,700 ------ ------ Total Liabilities 6,644 5,700
Partners Capital
Partners Capital 11,740 59,394 ------ ------ Total Partners Capital 11,740 59,394
Total Liabilities & Partners Capital $18,384 $65,094 ======= =======
See accountants compilation report.
BIG RIVER PRODUCTIONS LIMITED PARTNERSHIP STATEMENT OF INCOME AND PARTNERS' CAPITAL FOR THE TWELVE MONTHS ENDED DECEMBER 31,
1997 1996
Income: Royalty $65,659 $47,565 -------- ------- Total income 65,659 47,565
Less: Expenses Royalty Expense 61,558 150 General Manager Fee 1,200 1,200 Professional 4,665 4,950 Administration Expense 0 0
Total Expenses 67,423 6,300 ------ ------ Net Income Before Taxes (1,764) 41,265
Provision for NYC Unincorporated Business Tax 1,534 1,500 ----- ----- Net Income Before Interest Income (3,298) 39,765
Interest Income 644 2,073 ---- ---- Net Income (2,654) 41,838
Partners' Capital - Beginning of year 59,394 17,556
Less: Distribution to Partner's (45,000) 0 -------- ------- Partners' Capital - End of year $11,740 $59,394 ======= =======
See notes attached
BIG RIVER PRODUCTIONS LIMITED PARTNERSHIP STATEMENT OF CASH FLOWS FOR THE YEAR ENDED DECEMBER 31,
BIG RIVER PRODUCTIONS LIMITED PARTNERSHIP NOTES TO FINANCIAL STATEMENTS DECEMBER 31, 1997 AND 1996
Note 1 - General
The Big River Productions Limited Partnership (the "Company") owns shares in subsidiary rights of the property Big River, including all live stock and amateur performances.
Note 2 - Accounting Policies
A) The Company uses the accrual method of accounting for royalty income and related expenses.
B) The Company reports the statement of cash flows in accordance with the Financial Accounting Standards Board statement No. 95. For purposes of this statement, all highly liquid securities with a maturity of three months or less are considered to be cash equivalents.
Note 3 - Commitments & Contingencies
The Company has no long term leases.
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 thereunto duly authorized.
BIG RIVER PRODUCTIONS LIMITED PARTNERSHIP (Registrant)
Date: ____________ ------------------------ By: Edward Strong (Officer) David, Strong, Warner, General Partner
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-K
ANNUAL REPORT UNDER SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934
FOR THE FOR THE YEAR ENDED DECEMBER 31, 1997 COMMISSION FILE# 294790-NY
BIG RIVER PRODUCTIONS LIMITED PARTNERSHIP -----------------------------------------
NEW YORK 13-3243107 - ------------------------------------------------------ (State of other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.)
1501 BROADWAY NEW YORK, NEW YORK 10036 - ----------------------------------------------------------------- (Address of principal executive offices) (Zip Code)
Registrants telephone number, including Area Code (212) 575-9710 ---------------- Indicate by check mark whether the Registrant (1) has filed all reports required to be filed under Section 13 or 15(d) of the Securities Exchange Act of 1934 during the proceeding 12 months and (2) has been subject to such filing requirements for the past 90 days.
YES X NO --- ---