SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D. C. 20549
FORM 10-K/A
ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D)
OF THE SECURITIES EXCHANGE ACT OF 1934
For the fiscal year ended: Commission file number: 0-14047
DECEMBER 31, 1995
CARDINAL INDUSTRIES INCOME PROPERTIES I LIMITED PARTNERSHIP
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(Exact name of registrant as specified in its charter)
OHIO 31-1218075
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(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
6954 AMERICANA PARKWAY, REYNOLDSBURG, OHIO 43068
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (614) 759-1566
Securities registered pursuant to Section 12(b) of the Act: NONE
Securities registered pursuant to Section 12(g) of the Act: NONE
Indicate by check mark whether the registrant has (1) filed all reports required
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 the registrant was
required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days.
Yes X No
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Indicate by check mark whether the registrant has filed all documents and
reports required to be filed by Section 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 X No
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Documents incorporated by reference: NONE
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PRELIMINARY STATEMENT
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This Form 10-K/A is being filed by Cardinal Industries Income
Properties I Limited Partnership (the "Partnership") in order to correct an
erroneous number previously reported in Part II, Item 6 Selected Financial Data
of the Partnership's Annual Report on Form 10-K for its fiscal year ended
December 31, 1995. In particular, the erroneous number relates to the cash
distributions in 1995 per Class A limited partnership unit, which number should
read $38.96, not $130.16. In accordance with the rules of the Securities and
Exchange Commission, the Partnership has amended and restated in its entirety
Part II, Item 6 Selected Financial Data of its previously filed Annual Report on
Form 10-K for its fiscal year ended December 31, 1995 under cover of this Form
10-K/A.
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PART II
ITEM 6 - SELECTED FINANCIAL DATA
The information below should be read in conjunction with the FINANCIAL
STATEMENTS AND NOTES THERETO AND ITEM 7 - "MANAGEMENT'S DISCUSSION AND ANALYSIS
OF FINANCIAL CONDITION AND RESULTS OF OPERATION".
The table set forth below provides a variety of statistical information
about the Registrant for the years ended December 31, 1995, 1994, 1993 and 1992:
UNAUDITED UNAUDITED
1995 1994 1993 1992
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Rent Revenues $ 2,311,629 $ 2,195,581 $ 2,160,858 $ 1,973,082
Net income/(loss) (5,950) 237,721 (107,033) (369,481)
Net income/(loss) per limited
partnership unit (8,478 total units
in 1994 and 1995 and 6,525 units in
1993 and 1992) (0.69) 27.76 (16.24) (56.06)
Total assets $ 8,383,481 $ 8,768,525 $ 9,159,202 $ 9,320,961
Mortgage debt 7,638,332 7,820,839 7,921,000 7,921,000
Cash distributions per limited
partnership unit:
6,525 Class A Units $38.96 $33.75 N/A N/A
1,953 Class B Units $4.33 $0.00 N/A N/A
6,525 units N/A N/A $0.00 $0.00
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SIGNATURES
Pursuant to requirements of Rule 12b-15 under 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.
CARDINAL INDUSTRIES INCOME PROPERTIES I
LIMITED PARTNERSHIP
By: Cardinal Realty Services, Inc.,
As General Partner
Date: January 7, 1997 By: /s/ Mark D. Thompson
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Mark D. Thompson
Executive Vice President and
Chief Financial Officer
Date: January 7, 1997 By: /s/ Ronald P. Koegler
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Ronald P. Koegler
Vice President and Controller
Date: January 7, 1997 By: /s/ Tamra L. Byers
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Tamra L. Byers
Vice President of Financial Operations
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