CSM SYSTEMS INC <CSMS> YEAR ENDED DEC 31 LOSS
Shr loss 20 cts vs profit 24 cts
    Net loss 173,578 vs profit 211,324
    Revs 4,558,244 vs 5,595,644
    NOTE: Earnings per share restated retroactively for all
periods to reflect 20 pct stock dividend in April 1984 and 25
pct stock split September 1985.
    Revenues include progress receivables on long-term
contracts not billed to customers, and reflect the
proportionate elements of profit as revenues based on stage of
completion of long term contracts.
 Reuter
