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) 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. 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