<PAGE>
ZAPATA HAYNIE CORPORATION PROFIT-SHARING PLAN
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ZAPATA CORPORATION MASTER PROFIT-SHARING TRUST
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STATEMENT OF EARNINGS AND CHANGES IN PARTICIPATING PLANS' EQUITY
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FOR THE YEAR ENDED SEPTEMBER 30, 1993
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<TABLE>
<CAPTION>
Money Market/ Zapata
Guaranteed Fixed Common
Equity Investment Income Stock
Fund Contract Fund Fund Fund Total
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<S> <C> <C> <C> <C> <C>
PARTICIPATING PLANS' EQUITY, beginning
of year $12,096,737 $6,820,498 $2,070,841 $203,104 $21,191,180
CONTRIBUTIONS:
Employee 396,911 309,306 58,550 26,238 791,005
Employer 30,168 403,442 3,657 3,258 440,525
INTEREST INCOME 13,166 441,322 160,138 320 614,946
DIVIDEND INCOME 299,015 - - - 299,015
GAIN (LOSS) ON SALE OF SECURITIES (80,994) _ 656 (575) (80,913)
UNREALIZED APPRECIATION (DEPRECIATION)
IN INVESTMENTS:
Common stocks (868,807) - - 15,748 (853,059)
Corporate obligations - - 33,836 - 33,836
ADMINISTRATIVE EXPENSES (154,863) (121,545) (23,129) - (299,537)
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11,731,333 7,853,023 2,304,549 248,093 22,136,998
WITHDRAWALS, net of transfers
between funds (1,310,009) (994,403) (224,452) (29,468) (2,558,332)
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PARTICIPATING PLANS' EQUITY, end of
year $10,421,324 $6,858,620 $2,080,097 $218,625 $19,578,666
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</TABLE>
The accompanying notes to exhibit and foregoing notes to the
financial statements of Zapata Haynie Corporation Profit-
Sharing Plan are an integral part of this exhibit.
F-16
