SEC Filings

10-12G/A
AMSURG CORP filed this Form 10-12G/A on 05/09/1997
Entire Document
 
<PAGE>   46
 
                            CAPITALIZATION OF AMSURG
 
   
     The following table sets forth the capitalization of AmSurg as of March 31,
1997. This table should be read in conjunction with AmSurg's consolidated
financial statements and notes thereto included elsewhere herein. Information
with respect to AmSurg Preferred Stock and common stock has been adjusted to
give effect to the Recapitalization, Exchange and Distribution.
    
 
   

<TABLE>
<CAPTION>
                                                                  AT MARCH 31, 1997
                                                              -------------------------
                                                              HISTORICAL   PRO FORMA(1)
                                                              ----------   ------------
                                                                   (IN THOUSANDS)
<S>                                                           <C>          <C>
Long-term debt:
  $12,000,000 credit agreement(2)...........................   $ 8,134       $ 8,134
  Term note.................................................     4,671         4,671
  Other long-term debt......................................     4,536         4,536
                                                               -------       -------
          Total debt........................................    17,341        17,341
                                                               -------       -------
Minority interest...........................................     6,418         6,418
Preferred stock, no par value, 5,000,000 shares authorized,
  916,666 issued
  Series A redeemable preferred stock, 500,000 shares
     outstanding............................................     1,842         1,842
  Series B convertible preferred stock, 416,666 shares
     outstanding............................................     3,208         3,208
Stockholders' equity
  Common stock, no par value, 40,000,000 shares authorized,
     9,411,948 shares outstanding...........................    27,259            --
  Class A common stock, no par value, 25,000,000 shares
     authorized, 3,881,817 shares outstanding...............        --        11,630
  Class B common stock, no par value, 5,540,000 shares
     authorized, 5,530,131 shares outstanding...............        --        15,629
  Retained earnings (deficit)...............................       417           (33)
                                                               -------       -------
          Total capitalization..............................   $56,485       $56,035
                                                               =======       =======
</TABLE>

    
 
- ---------------
 
(1) Pro forma to give effect to the Recapitalization and Distribution.
   
(2) The credit agreement was amended subsequent to March 31, 1997 and currently
    provides up to $15,000,000 in credit.
    
 
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