SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549


                                    FORM 10-Q

(Mark One)

   X     Quarterly  Report  Pursuant  to  Section  13 or 15(d) of the Securities
 -----   Exchange Act of 1934

         For the quarterly period ended November 30, 1996 or

 -----   Transition Report Pursuant to  Section 13 or  15(d)  of the  Securities
         Exchange Act of 1934

         For the transition period from            to 
                                        ----------    ---------
                         Commission file number 0-16169

                      HARDING LAWSON ASSOCIATES GROUP, INC.
             (Exact name of registrant as specified in its charter)

          Delaware                                        68-0132062
 (State or other jurisdiction of                       (I.R.S. Employer
  incorporation or organization)                       Identification No.)

    7655 Redwood Boulevard
      Novato, California                                     94945
(Address of principal executive offices)                  (Zip Code)

     Registrant's telephone number, including area code: (415) 892-0821


Indicate by check mark whether the registrant (1) has filed all reports required
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
                     ---  ---
At January 8, 1997 the  registrant  had issued and  outstanding  an aggregate of
4,963,769 shares of its common stock.


<PAGE>


                                      INDEX

                      HARDING LAWSON ASSOCIATES GROUP, INC.

                                                                           Page

PART I.   FINANCIAL INFORMATION

  Item 1.     Financial Statements

       Condensed Consolidated Balance Sheets -
       November 30, 1996 (Unaudited) and
       May 31, 1996...........................................................3

       Condensed Consolidated Statements of Income -
       Three and Six Months Ended November 30, 1996 and
       November 30, 1995 (Unaudited)..........................................4

       Condensed Consolidated Statements of Cash Flows -
       Six Months Ended November 30, 1996 and
       November 30, 1995 (Unaudited)..........................................5

       Notes to Condensed Consolidated Financial Statements
       November 30, 1996 (Unaudited)..........................................6

  Item 2.     Management's Discussion and Analysis of Financial Condition
              and Results of Operations.......................................7

PART II. OTHER INFORMATION

 Item 4.      Submission of Matters to a Vote of Security Holders............11

 Item 6.      Exhibits and Reports on Form 8-K...............................12

SIGNATURES...................................................................13

INDEX TO EXHIBITS............................................................14


<PAGE>


                                     PART I

                              FINANCIAL INFORMATION

ITEM 1.  FINANCIAL STATEMENTS

                      HARDING LAWSON ASSOCIATES GROUP, INC.
                      Condensed Consolidated Balance Sheets
                        (In thousands, except share data)


                                              November 30, 1996    May 31, 1996
--------------------------------------------------------------------------------
                                                 (Unaudited)
ASSETS
Current assets:
     Cash and cash equivalents                     $16,800              $19,012
     Accounts receivable                            28,358               24,080
     Unbilled work in progress                       7,787                4,903
     Less allowances for receivables and
         unbilled work                              (1,397)              (1,476)
     Prepaid expenses                                1,769                1,304
     Deferred income taxes                           1,339                1,474
--------------------------------------------------------------------------------
         Total current assets                       54,656               49,297
--------------------------------------------------------------------------------
     Equipment                                      21,784               21,021
     Less accumulated depreciation                 (17,380)             (16,677)
--------------------------------------------------------------------------------
         Net equipment                               4,404                4,344
--------------------------------------------------------------------------------
Deposits and other assets                            6,744                6,723
--------------------------------------------------------------------------------
         Total assets                              $65,804              $60,364
================================================================================
LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
     Accounts payable                               $5,092               $2,754
     Accrued expenses                                4,981                5,936
     Accrued compensation                            6,329                5,086
     Income taxes payable                              718                  ---
--------------------------------------------------------------------------------
         Total current liabilities                  17,120               13,776
Other liabilities                                    2,457                1,983
--------------------------------------------------------------------------------
         Total liabilities                          19,577               15,759
--------------------------------------------------------------------------------
Commitments and Contingencies
Minority interest in subsidiaries                      325                  248
--------------------------------------------------------------------------------
Shareholders' equity:
     Preferred stock--$.01 par value;
         authorized shares 1,000,000;
         issued and outstanding--none
     Common stock--$.01  par value;
         authorized  shares  10,000,000;
         issued and outstanding--4,963,769
         and 4,845,207 at November 30, 1996
         and May 31, 1996, respectively                 50                   48
     Additional paid-in capital                     18,709               18,142
     Retained earnings                              27,143               26,167
--------------------------------------------------------------------------------
         Total shareholders' equity                 45,902               44,357
--------------------------------------------------------------------------------
              Total liabilities and
              shareholders' equity                 $65,804              $60,364
================================================================================
   The accompanying notes are an integral part of these financial statements.

<PAGE>


                      HARDING LAWSON ASSOCIATES GROUP, INC.
                   Condensed Consolidated Statements of Income
                      (In thousands, except per share data)
                                   (Unaudited)


                                      Three Months Ended      Six Months Ended
                                         November 30,            November 30,
                                       1996        1995        1996       1995
--------------------------------------------------------------------------------

Gross revenue                        $32,286     $35,554     $63,230    $67,302
Less:  Cost of outside services       11,004      12,853      20,969     21,893
--------------------------------------------------------------------------------

Net revenue                           21,282      22,701      42,261     45,409
--------------------------------------------------------------------------------

Costs and expenses:
     Payroll and benefits             14,220      15,044      29,007     30,354
     General expenses                  5,832       6,282      11,720     12,324
--------------------------------------------------------------------------------

     Total costs and expenses         20,052      21,326      40,727     42,678
--------------------------------------------------------------------------------

Operating income                       1,230       1,375       1,534      2,731
Interest in loss of unconsolidated
 subsidiaries                            (57)        ---        (110)       ---
Interest income, net                     157         194         341        370
--------------------------------------------------------------------------------

Income before provision for income
 taxes and minority interest           1,330       1,569       1,765      3,101

Provision for income taxes               558         621         763      1,223

Minority interest                         22         (11)         26        (16)
--------------------------------------------------------------------------------

Net income                           $   750    $    959    $    976    $ 1,894
================================================================================

Net income per common share          $  0.15     $  0.20     $  0.20    $  0.39
================================================================================

Shares used in per share
 calculation                           4,996       4,871       4,958      4,837
================================================================================
   The accompanying notes are an integral part of these financial statements.


<PAGE>


                      HARDING LAWSON ASSOCIATES GROUP, INC.
                 Condensed Consolidated Statements of Cash Flows
                                 (In thousands)
                                   (Unaudited)


                                                 Six Months Ended November 30,
                                                 1996                    1995

OPERATING ACTIVITIES
  Net income                                    $  976                  $1,894
  Adjustments to reconcile net income
  to net cash  provided  by (used in)
  operating activities:
    Depreciation and amortization                1,267                   1,236
    Net increase in current assets              (7,560)                 (1,215)
    Net increase in current liabilities          4,009                     158
    Other increase                                 346                     153
--------------------------------------------------------------------------------

    NET CASH PROVIDED BY (USED IN)
    OPERATING ACTIVITIES                          (962)                  2,226
--------------------------------------------------------------------------------

INVESTING ACTIVITIES
  Net purchase of equipment                     (1,109)                 (1,043)
--------------------------------------------------------------------------------

    NET CASH USED IN
    INVESTING ACTIVITIES                        (1,109)                 (1,043)
--------------------------------------------------------------------------------

FINANCING ACTIVITIES
  Proceeds from sale of common stock                58                      --
  Repurchase of common stock                      (159)                     --
  Principal payments on capital lease
    obligations                                    (40)                     --
--------------------------------------------------------------------------------

    NET CASH USED IN
    FINANCING ACTIVITIES                          (141)                     --
--------------------------------------------------------------------------------

NET INCREASE (DECREASE) IN CASH
AND CASH EQUIVALENTS                            (2,212)                  1,183

  Cash and cash equivalents at
    beginning of period                         19,012                  12,648
--------------------------------------------------------------------------------

CASH AND CASH EQUIVALENTS
AT END OF PERIOD                               $16,800                 $13,831
================================================================================
   The accompanying notes are an integral part of these financial statements.


<PAGE>


                      HARDING LAWSON ASSOCIATES GROUP, INC.
              Notes to Condensed Consolidated Financial Statements
                                   (Unaudited)

November 30, 1996

NOTE 1:  BASIS OF PRESENTATION

The accompanying  condensed consolidated financial statements have been prepared
without  audit by  Harding  Lawson  Associates  Group,  Inc.,  formerly  Harding
Associates,   Inc.,  (the  "Company")  in  accordance  with  generally  accepted
accounting principles for interim financial statements and pursuant to the rules
of the Securities and Exchange Commission for Form 10-Q. Certain information and
footnotes  required by generally  accepted  accounting  principles  for complete
financial statements have been omitted. It is the opinion of management that all
adjustments considered necessary for a fair presentation have been included, and
that all such  adjustments  are of a normal and  recurring  nature.  For further
information, refer to the audited financial statements and footnotes included in
the Company's Annual Report on Form 10-K dated May 31, 1996. Reclassification of
certain  balances  for the  fiscal  year  ended  May 31,  1996 have been made to
conform to the November 30, 1996 presentation.

NOTE 2:  COMMITMENTS AND CONTINGENCIES

On May 19,  1995,  the  Company  filed a lawsuit in Texas  State  Court,  Harris
County,  Texas,  entitled  Harding  Lawson  Associates,  Inc.,  a  wholly  owned
subsidiary of Harding Associates,  Inc., vs. Bailey Site Settlors Committee,  an
unincorporated association,  seeking collection of approximately $1.0 million in
fees billed for engineering services performed.  On June 21, 1995, lawsuits were
filed against the Company in Federal District Court,  Jefferson  County,  Texas,
and in Texas State Court,  Orange County,  Texas,  entitled Bailey Site Settlors
Committee vs. Harding Lawson  Associates.  The suits sought monetary  damages in
the amount of $7.9 million for alleged  breach of contract and negligence in the
performance of certain  engineering  services.  The suits filed in Jefferson and
Orange  counties have been  dismissed or stayed.  Subsequently,  a  counterclaim
containing  similar  allegations  was filed  against  the  Company in the Harris
County  suit.  The  Company  believes  it  has  meritorious  defenses  to  these
allegations.  The  Company is  currently  subject to  certain  other  claims and
lawsuits  arising in the  ordinary  course of its  business.  In the  opinion of
management,  adequate provision has been made for all known liabilities that are
currently  expected  to  result  from  these  claims  and  lawsuits,  and in the
aggregate  such  claims  are not  expected  to  have a  material  effect  on the
financial  position of the Company.  The estimates  used in  establishing  these
provisions  could differ from actual  results.  Should these  provisions  change
significantly,  the effect on operations  for any quarterly or annual  reporting
period could be material.


<PAGE>


                      HARDING LAWSON ASSOCIATES GROUP, INC.
ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
         OF OPERATIONS

Cautionary Statement Regarding Forward Looking Statements
---------------------------------------------------------

The  statements  in this  report that are  forward-looking  are based on current
expectations,  and actual  results may differ  materially.  The  forward-looking
statements  include those regarding cost controls and  reductions,  the expected
resolution  of delays in billing of certain  projects,  the  possible  impact of
current and future claims  against the Company based upon  negligence  and other
theories of  liability,  the  anticipation  that  capital  expenditures  will be
approximately  the same as in fiscal 1996,  and the  possibility  of the Company
making acquisitions during the next 12 to 18 months.  Forward-looking statements
involve  numerous  risks and  uncertainties  that could cause actual  results to
differ  materially,  including,  but not limited to, the possibilities  that the
demand for the Company's services may decline as a result of possible changes in
general and industry specific economic conditions and the effects of competitive
services  and  pricing;  one or more  current or future  claims made against the
Company  may  result  in  substantial  liabilities;  and such  other  risks  and
uncertainties  as are  described  in reports  and other  documents  filed by the
Company from time to time with the Securities and Exchange Commission.

Results of Operations
---------------------
(In thousands, except share data)

The following table sets forth,  for the periods  indicated,  (i) the percentage
that  certain  items in the  condensed  consolidated  income  statements  of the
Company bear to net revenue,  and (ii) the  percentage  increase  (decrease)  in
dollar amount of such items from year to year.


                             Percentage of Net Revenue            Percentage
                          Three Mos Ended   Six Mos Ended         (Decrease)
                            November 30,     November 30,        November 30,
                                                             Three Mos   Six Mos
                                                                1996       1996
                           1996     1995     1996    1995     vs 1995    vs 1995
                           ----     ----     ----    ----    ---------   -------

Net revenue               100.0%   100.0%   100.0%   100.0%    (6.3%)    (6.9%)
Costs and expenses
  Payroll and benefits     66.8     66.3     68.7     66.9     (5.5)     (4.4)
  General expenses         27.4     27.7     27.7     27.1     (7.1)     (4.9)
Operating income/margin     5.8      6.0      3.6      6.0    (10.5)    (43.8)
Interest income, net and
  interest in loss of uncon-
  solidated subsidiaries     .4       .9       .6       .8    (48.5)    (37.6)
Income before income taxes
  and minority interest     6.2      6.9      4.2      6.8    (15.2)    (43.1)
Provision for income taxes
  and minority interest     2.7      2.7      1.9      2.7     (4.9)    (34.6)
Net income                  3.5      4.2      2.3      4.1    (21.8)    (48.5)


Second Quarter Comparison for Fiscal Years 1997 and 1996
--------------------------------------------------------

Net revenue for the fiscal  quarter ended November 30, 1996 totaled  $21,282,  a
decrease  of 6.3 percent  from net revenue of $22,701 for the second  quarter of
the prior fiscal year. The decline in net revenue for the quarter ended November
30, 1996 was primarily  due to a 29 percent  decline in net revenue from federal
contracts,  partially  offset  by a 49  percent  increase  in net  revenue  from
international  operations.  Sales  of  services  to all  public  sector  clients
decreased  by  approximately  18 percent from the same period in the prior year.
Overall,  net revenue from public  sector  clients  accounted  for 43 percent of
total net revenue  compared to 48 percent in the prior  year.  Net revenue  from
domestic  industrial  sector clients,  while virtually  unchanged from the prior
fiscal  quarter,  was 5 percent  lower than in the  second  quarter of the prior
fiscal  year.  Excluding  international,  the decrease in net revenue was due to
lower demand for the Company's services while prices were essentially  unchanged
compared to the same period in the prior fiscal year.  International net revenue
for the fiscal  quarter ended November 30, 1996 was $1,700 or 8 percent of total
net  revenue  compared  to $1,138 or 5 percent of total net  revenue in the same
quarter of the prior fiscal year.

A  significant  portion of the  services  provided  by the Company to its public
sector clients are performed under a relatively small number of larger contracts
compared to private sector clients.  During fiscal 1997, certain of these public
sector contracts will be substantially  completed.  The Company has been awarded
certain  contracts that could  potentially  offset revenue which has and will be
lost under nearly completed  contracts.  However, if the Company is unsuccessful
in realizing the full potential of these contracts or winning new contracts,  or
if  funding  delays  are  experienced  on these or  previously  awarded  federal
contracts,  a material  decline in revenue  could  result.  Further,  management
believes  that the  outlook  for the  industrial  sector is  uncertain  and will
continue  to be  strongly  influenced  by general  economic  conditions  and any
congressional action on pending environmental regulations.

Operating  income amounted to $1,230, a decrease of 10.5 percent from $1,375 for
the same period in fiscal 1996. Operating margin decreased to 5.8 percent of net
revenue in the current quarter  compared to 6.0 percent in the second quarter of
fiscal 1996.  While the Company  continued to lower its  operating  costs,  such
reductions  were not  sufficient  to offset  the  effect  of lower  net  revenue
discussed above.  Management is continuing efforts to better align the Company's
cost structure with current revenue levels.

Net interest  income for the second  quarter ended November 30, 1996 was $157, a
decrease of $37 or 19 percent from the same quarter in the  previous  year.  Net
interest  income is lower  due to  interest  expense  on  capital  leases in our
Australian subsidiary and a reduction in interest rates on our invested cash.

At the end of the prior fiscal year,  the Company  invested in the start-up of a
limited liability  company,  Integrated  Software Systems,  which specializes in
software for the mining industry.  In addition,  the Company has invested in the
start-up of another limited liability company,  Standards Training  Corporation,
in the second fiscal quarter.  The Company's  minority position in both entities
is accounted for using the equity  method.  The Company's  portion of the second
quarter loss for these investments was $57.

The  effective  tax rate was 41.9 percent for the second  quarter of fiscal 1997
and was 39.6 percent in the second  quarter of the prior year. The effective tax
rate in fiscal 1997  reflects  the impact of losses from the start-up of certain
international operations for which no tax benefit has been realized.

Net income for the quarter was $750 compared with $959 in the second  quarter of
fiscal  1996,  a  decrease  of 21.8  percent.  Earnings  per share were $0.15 on
4,996,000  weighted  average shares  outstanding  compared to $0.20 per share on
4,871,000 weighted average shares outstanding in the same period last year.

Six Month Comparison for Fiscal Years 1997 and 1996
---------------------------------------------------

Net revenue for the six months  ended  November  30, 1996  amounted to $42,261 a
decrease  of 6.9 percent  from net  revenue of $45,409 for the six months  ended
November  30,  1995.  The  decrease in net revenue  was due  primarily  to lower
federal agency work and a 4 percent decline in commercial  sales compared to the
six months ended  November 30, 1995,  partially  offset by higher  international
sales.  Domestically the Company  experienced lower demand for its services with
virtually no change in pricing for those services.

Operating  income  amounted to $1,534 a decrease of 43.8 percent from  operating
income of  $2,731  for the first six  months of the prior  year.  The  operating
margin  decreased  to 3.6  percent  from 6.0  percent  a year ago.  The  Company
continued  to  lower  its  operating  expenses,  but  the  reductions  were  not
sufficient to offset the effect of lower revenue discussed above.

Net  interest  income for the six months  ended  November  30, 1996 was $341,  a
decrease of 8 percent from net interest income of $370 for the second quarter of
the prior  fiscal  year.  The  decrease  was due to interest  expense on capital
leases in our Australian operations and a decline in interest rates offset by an
increase in invested cash.

The  effective  tax rate for the six months  ended  November  30,  1996 was 43.2
percent and for the six months ended  November 30, 1995 was 39.4.  The effective
tax rate in fiscal  1997  reflects  the impact of losses  from the  start-up  of
certain international operations for which no tax benefit has been realized.

Net income  for the six months was $976,  down from net income of $1,894 for the
six month  period in the prior year,  a decrease of 48.5  percent.  Earnings per
share were $0.20 on 4,958,000  weighted average shares  outstanding  compared to
$0.39 on 4,837,000  weighted  average shares  outstanding in the first six month
period of the prior year.

Liquidity and Capital Resources
-------------------------------

For the six months ended November 30, 1996, net cash used in operations was $962
compared to net cash  provided by  operations of $2,226 for the same period last
year.  The increase in cash used in operations  was primarily due to an increase
in the Company's receivables,  partially offset by an increase in trade payables
in the current fiscal year. The increase in trade  receivables was primarily due
to delays in  billing  certain  remedial  construction  projects  in the  second
quarter of fiscal 1996  resulting  in delays in  collection  of the billed fees.
Such delays are expected to be resolved in the Company's third quarter.

The  Company  made  capital  expenditures  of $1,109 in the first six  months of
fiscal 1997 compared to capital  expenditures  of $1,043 in the first six months
of the prior  year.  The  Company  anticipates  that its  capital  expenditures,
excluding  acquisitions,  for the current fiscal year will be approximately  the
same as those incurred in the prior fiscal year.

The Company is a  consulting  engineering  services  firm  engaged in  providing
environmental,  infrastructure,  geotechnical and construction related services,
and encounters  potential  liability  including  claims for errors and omissions
resulting from construction defects, construction cost overruns or environmental
or other  damage in the normal  course of  business.  The  Company is a party to
lawsuits and is aware of potential  exposure  related to certain claims.  In the
opinion  of  management,   adequate  provision  has  been  made  for  all  known
liabilities that are currently  expected to result from these matters and in the
aggregate,  such  claims  are not  expected  to have a  material  impact  on the
financial  position and  liquidity of the Company.  The Company is provided a $5
million  per  occurrence  professional  liability  policy and a $5  million  per
occurrence  contractor's pollution insurance policy through an unrelated,  rated
carrier.  The Company also maintains general liability  insurance policy with an
unrelated, rated carrier.

At November  30,  1996,  the Company  had cash on hand and cash  equivalents  of
$16,800.  The Company has a $20 million  revolving  credit line agreement  which
expires in October  1997.  At  November  30,  1996 and 1995,  the Company had no
borrowings outstanding under its line of credit leaving $20 million available to
the Company. Borrowings were available to the Company at 5.6 percent at November
30, 1996, and 5.4 percent at May 31, 1996. The Company is in compliance with all
covenants pertaining to the credit line agreement.

The Board of Directors  of the Company has  approved a Common  Stock  Repurchase
Program  that  authorizes  the  Company to  purchase  up to a maximum of 500,000
shares of stock on the open  market from time to time for the purpose of funding
the Company's various employee stock programs.  The Company  repurchased  23,500
shares for $159 in the second  fiscal  quarter  of 1997 under this  program.  No
repurchases were made in the same period of the prior fiscal year.

The Company  believes that its available cash and cash  equivalents,  as well as
cash generated from operations and its available credit line, will be sufficient
to meet the Company's cash  requirements for the balance of the fiscal year. The
Company intends to actively  continue its search for  acquisitions to expand its
geographical representation and enhance its technical capabilities.  The Company
expects to utilize a portion of its liquidity  over the next 12 to 18 months for
capital  expenditures,   including   acquisitions  and  investments  in  aligned
businesses.


<PAGE>


                      HARDING LAWSON ASSOCIATES GROUP, INC.

                                     PART II

                                OTHER INFORMATION

ITEM 4.           SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

The  annual  meeting of the  Registrant  was held on  October  30,  1996 and two
proposals  were  presented  to  security  holders  for a vote;  election  of two
directors and ratification of independent auditors.

     The  seven-member  Board of Directors is divided into three  classes.  Each
year one of the classes stands for election to a term of three years.  The class
standing for election at the 1996 annual  meeting was Class III,  consisting  of
two incumbent directors:  Richard S. Harding and Donald L. Schreuder.  The terms
for  Class I  Directors,  Retired  Rear  Admiral  Stuart  F.  Platt,  Barton  W.
Shackelford,  and Donald K.  Stager  expire in 1997,  and the terms for Class II
Directors, Richard D. Puntillo and James M. Edgar expire in 1998.

The following table lists the votes cast:

                                              For        Withheld
Proposal 1
Election of Directors
     Richard S. Harding                    3,909,188      106,920
     Donald L. Schreuder                   3,906,167      109,941

                                              For         Against        Abstain
Proposal 2
Ratification of Ernst & Young, LLP
Independent Auditors                       3,986,873       23,825         5,410


<PAGE>


                      HARDING LAWSON ASSOCIATES GROUP, INC.

                                     PART II

                                OTHER INFORMATION

ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K

                  a.       Exhibits

                           The following  exhibits are furnished along with this
                           Form  10-Q  Quarterly  Report  for the  period  ended
                           November 30, 1996:

                           Exhibit No. 11      Computation of Per Share Earnings

                           Exhibit No. 27      Financial Data Schedule

                  b.       Reports on Form 8-K

                           None


<PAGE>


                                   SIGNATURES


Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.



                                           HARDING LAWSON ASSOCIATES GROUP, INC.



Date:  January 10, 1997                    /s/ Donald L. Schreuder
                                           -----------------------
                                           Donald L. Schreuder
                                           President and Chief Executive Officer
                                           (Principal Executive Officer)



Date:  January 10, 1997                     /s/ Gregory A. Thornton
                                            -----------------------
                                            Gregory A. Thornton
                                            Vice President and Chief Financial
                                              Officer
                                            (Principal Accounting Officer)


<PAGE>


                      HARDING LAWSON ASSOCIATES GROUP, INC.

                                  EXHIBIT INDEX
                     
    Exhibit No.                                                                 

       11                  Computation of Per Share Earnings                 

       27                  Financial Data Schedule