1 FORM N-SAR SEMI-ANNUAL REPORT FOR REGISTERED INVESTMENT COMPANIES Report for six month period ending: 09/30/95 (a) or fiscal year ending: / / (b) Is this a transition report? (Y/N) N ----- Is this an amendment to a previous filing? (Y/N) N ----- Those items or sub-items with a box "[ ]" after the item number should be completed only if the answer has changed from the previous filing on this form. SCREEN NUMBER: 01 PAGE NUMBER: 01 SEC2100 (5/90)
1. A. Registrant Name: Capital Southwest Venture Corporation B. File Number: 811-1947 C. Telephone Number: (214) 233-8242 2. A. Street: 12900 Preston Road, Suite 700 B. City: Dallas C. State: Texas D. Zip Code: 75230 Zip Ext: 1314 E. Foreign Country: Foreign Postal Code: 3. Is this the first filing on this form by Registrant? (Y/N) N ---------- 4. Is this the last filing on this form by Registrant? (Y/N) N ---------- 5. Is Registrant a small business investment company (SBIC)? (Y/N) Y ---------- 6. Is Registrant a unit investment trust (UIT)? (Y/N) N [If answer is "Y" (Yes), complete only items 89 through 110.] ---------- 7. A. Is Registrant a series or multiple portfolio company? (Y/N) N [If answer is "N" (No), go to item 8.] ---------- B. How many separate series or portfolios did Registrant have at the end of the period? -------------- 2 ----------------------- If filing more than one Page 40, "X" box: [ ] ----------------------- For period ending 09/30/95 ----------------- File Number 811-1947 ----------------- SCREEN NUMBER: 48 PAGE NUMBER: 40 SEC2100 (5/90)
FINANCIAL INFORMATION 97. A. How many months do the answers to items 97 and 98 cover? 6 Months ----- INCOME For period covered by this form ($000's omitted) ------------------------------- B. Net interest income . . . . . . . . . . . . . . . . . . . . . . . $ 817 --------- C. Net dividend income . . . . . . . . . . . . . . . . . . . . . . . $ 598 --------- D. Account maintenance fees . . . . . . . . . . . . . . . . . . . . $ --------- E. Net other income . . . . . . . . . . . . . . . . . . . . . . . . $ --------- EXPENSES F. Gross advisory fees . . . . . . . . . . . . . . . . . . . . . . . $ --------- G. Gross administrator(s) fees . . . . . . . . . . . . . . . . . . . $ (Negative answers allowed for 97H through 97S) --------- H. Salaries and other compensation . . . . . . . . . . . . . . . . . $ --------- I. Shareholder servicing agent fees . . . . . . . . . . . . . . . . $ --------- J. Custodian fees . . . . . . . . . . . . . . . . . . . . . . . . . $ --------- K. Postage . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ --------- L. Printing expenses . . . . . . . . . . . . . . . . . . . . . . . . $ --------- M. Directors' fees . . . . . . . . . . . . . . . . . . . . . . . . . $ --------- N. Registration fees . . . . . . . . . . . . . . . . . . . . . . . . $ --------- 0. Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 6 --------- P. Interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 497 --------- Q. Bookkeeping fees paid to anyone performing this service . . . . . $ --------- R. Auditing fees . . . . . . . . . . . . . . . . . . . . . . . . . . $ 2 --------- S. Legal fees . . . . . . . . . . . . . . . . . . . . . . . . . . . $ --------- 3 ----------------------- If filing more than one Page 41, "X" box: [ ] ----------------------- For period ending 09/30/95 ----------------- File Number 811-1947 ----------------- Expenses (Negative answers allowed on this screen for 97T through 97W and 97Z only) SCREEN NUMBER: 49 PAGE NUMBER: 41 SEC2100 (5/90)
For period covered by this form ($000's omitted) ------------------------------- T. Marketing/distribution payments including payments pursuant to a Rule l2b-1 plan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ --------- U. Amortization of organization expenses . . . . . . . . . . . . . . . . . . . . . . . $ --------- V. Shareholder meeting expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ --------- W. Other expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 102 --------- X. Total expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 607 --------- Y. Expense reimbursements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ --------- Z. Net investment income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 808* --------- AA. Realized capital gains . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ --------- BB. Realized capital losses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ --------- CC. 1. Net unrealized appreciation during the period . . . . . . . . . . . . . . . $ 9,363 --------- 2. Net unrealized depreciation during the period . . . . . . . . . . . . . . . $ --------- DD. Total income dividends for which record date passed during the period . . . . . . . $ --------- EE. Total capital gains distributions for which record date passed during the period . . $ 9,418 --------- 98. Payments per share outstanding during the entire current period: A. Dividends from net investment income . . . . . . . . . . . . . . . . . . . . . . . . $ ** --------- NOTE: Show in fractions of a cent if so declared. B. Distributions of capital gains . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 9.418** --------- C. Other distributions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ --------- NOTE: Show in fractions of a cent if so declared. * Negative answer permitted in this field. ** Items 98A and 98B should be of the form mn.nnnn (where n = integer). 4 ----------------------- If filing more than one Page 42, "X" box: [ ] ----------------------- For period ending 09/30/95 -------------- File Number 811-1947 -------------- SCREEN NUMBER: 50 PAGE NUMBER: 42 SEC2100 (5/90)
As of the end of current reporting period (000's omitted) ------------------------ 99. Assets, liabilities, shareholders' equity: A. Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 226 --------- B. Repurchase agreements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ --------- C. Short-term debt securities other than repurchase agreements . . . . . . . . . . . . $ 80,100 --------- D. Long-term debt securities including convertible debt . . . . . . . . . . . . . . . . $ 9,241 --------- E. Preferred, convertible preferred and adjustable rate preferred stock . . . . . . . . $ 4,965 --------- F. Common stock . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 64,484 --------- G. Options on equities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 756 --------- H. Options on all futures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ --------- I. Other investments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ --------- J. Receivables from portfolio instruments sold . . . . . . . . . . . . . . . . . . . . $ --------- K. Receivables from affiliated persons . . . . . . . . . . . . . . . . . . . . . . . . $ 38 --------- L. Other receivables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 105 --------- M. All other assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 74 --------- N. Total assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 159,989 --------- 5 ----------------------- If filing more than one Page 43, "X" box: [ ] ----------------------- For period ending 09/30/95 -------------- File Number 811-1947 -------------- SCREEN NUMBER: 51 PAGE NUMBER: 43 SEC2100 (5/90)
As of the end of current reporting period (000's omitted except for per share amounts and number of accounts) ------------------------- 0. Payables for portfolio instruments purchased . . . . . . . . . . . . . . . . . . . . . . $ --------- P. Amounts owed to affiliated persons . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 75,159 --------- Q. Senior long-term debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 11,000 --------- R. All other liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 19,757 --------- S. Senior equity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ --------- T. Net assets of common shareholders . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 54,073 --------- U. Number of shares outstanding . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 1,000 --------- V. Net asset value per share (to nearest cent) . . . . . . . . . . . . . . . . . . . . . . $ 54.07* --------- W. Mark-to-market net asset value per share for money market funds only (to 4 decimals) . . $ ** --------- X. Total number of shareholder accounts . . . . . . . . . . . . . . . . . . . . . . . . . . $ 1 --------- Y. Total value of assets in segregated accounts . . . . . . . . . . . . . . . . . . . . . . $ --------- 100. Monthly average net assets during current reporting period ($000's omitted) . . . . . . . . . . . $ 52,422 --------- 101. Market price per share at end of period . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ --------- * Net asset value per share must be of the form nnn.nn (where n = integer). ** Value must be of the form nnn.nnnn (where n = integer). 6 ----------------------- If filing more than one Page 44 "X" box: [ ] ----------------------- For period ending 09/30/95 ----------------- File Number 811-1947 ----------------- SCREEN NUMBER: 52 PAGE NUMBER: 44 SEC2100 (5/90)
102. A. Is the Registrant filing any of the following attachments with the current filing of Form N-SAR? N --------- Y/N NOTE: If answer is "Y" (Yes), mark those items below being filed as an attachment to this form or incorporate by reference. B. Matters submitted to a vote of security holders . . . . . . . . . . . . . . . . . . . . --------- C. Policies with respect to security investments . . . . . . . . . . . . . . . . . . . . . --------- D. Legal proceedings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . --------- E. Changes in security for debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . --------- F. Defaults and arrears on senior securities . . . . . . . . . . . . . . . . . . . . . . . --------- G. Changes in control of Registrant . . . . . . . . . . . . . . . . . . . . . . . . . . . . --------- H. Terms of new or amended securities . . . . . . . . . . . . . . . . . . . . . . . . . . . --------- I. Revaluation of assets or restatement of capital share account . . . . . . . . . . . . . --------- J. Changes in Registrant's certifying accountant . . . . . . . . . . . . . . . . . . . . . --------- K. Changes in accounting principles and practices . . . . . . . . . . . . . . . . . . . . . --------- L. Mergers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . --------- M. Actions required to be reported pursuant to Rule 2a-7 . . . . . . . . . . . . . . . . . --------- N. Transactions effected pursuant to Rule 10f-3 . . . . . . . . . . . . . . . . . . . . . . --------- 0. Information required to be filed pursuant to existing exemptive orders . . . . . . . . . --------- Attachment Information (Cont. on Screen 53) 7 This report is signed on behalf of the Registrant, in the City of Dallas, State of Texas, on the of November, 1995. -------- CAPITAL SOUTHWEST VENTURE CORPORATION By: /s/ TIM SMITH ----------------------------------------------- Tim Smith, Vice President & Secretary-Treasurer Witness: /s/ WILLIAM R. THOMAS ------------------------------------------ William R. Thomas, President