13F-HR/A 1 dec0413f.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2004 Check here if Amendment [ X ] Amendment Number:1 This Amendment (Check only one.): [ X ] is a restatement [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Flippin, Bruce & Porter, Inc. Address: 800 Main Street 2nd Floor Lynchburg, VA 24504 13F File Number: 28-1905 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Teresa L. Sanderson Title: Chief Compliance Officer Phone: (804) 845-4900 Signature, Place, and Date of Signing: Teresa L. Sanderson Lynchburg, Virginia May 25, 2005 Report Type (Check only one.): [ X ] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager: FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 88 Form 13F Information Table Value Total: 3,468,505 List of Other Included Managers: FORM 13F INFORMATION TABLE VALUE SHARES/ SH/PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLA CUSIP (X$1000) PRN AMT PRNCALL DISCRETION MANAGERS SOLE SHARED NONE ABBOTT LABS COM 002824100 601 12881SH Sole 5081 7800 AGILENT TECHNOLOGIES COM 00846U101 35326 1465813SH Sole 1380413 85400 ALLSTATE CORP COM 020002101 233 4500SH Sole 4500 ALTRIA GROUP INC COM 02209S103 71538 1170835SH Sole 1146335 24500 AMERICAN EXPRESS COM 025816109 72994 1294900SH Sole 1222375 72525 AMERICAN INTL GROUP COM 026874107 105670 1609104SH Sole 1512829 96275 AMGEN INC COM 031162100 718 11200SH Sole 11200 APPLEBEES INTL INC COM 037899101 974 36810SH Sole 25910 10900 AUTOMATIC DATA PROCESS COM 053015103 235 5300SH Sole 5300 BANK OF AMERICA COM 060505104 154020 3277726SH Sole 3048326 229400 BB&T CORP COM 054937107 1238 29452SH Sole 25800 3652 BELLSOUTH CORP COM 079860102 230 8277SH Sole 4777 3500 BEST BUY INC COM 086516101 52326 880610SH Sole 828485 52125 BP PLC SPONSORED ADR COM 055622104 924 15816SH Sole 15324 492 BRISTOL-MYERS SQUIBB COM 110122108 39811 1553899SH Sole 1464399 89500 CARDINAL HEALTH INC COM 14149Y108 90920 1563534SH Sole 1468309 95225 CENDANT CORP COM 151313103 123773 5293989SH Sole 4901689 392300 CHEVRONTEXACO CORP COM 166764100 299 5690SH Sole 5382 308 CHUBB CORP COM 171232101 484 6300SH Sole 3300 3000 CIGNA CORP COM 125509109 65120 798328SH Sole 756853 41475 CITIGROUP INC COM 172967101 139275 2890712SH Sole 2711352 179360 COCA COLA CO COM 191216100 732 17578SH Sole 17578 COMPUTER SCIENCES COM 205363104 89965 1595973SH Sole 1500223 95750 CONOCOPHILLIPS COM 20825C104 383 4407SH Sole 4407 CVS CORP COM 126650100 53174 1179811SH Sole 1113911 65900 DANA CORP COM 235811106 568 32800SH Sole 23800 9000 DILLARDS INC CL A COM 254067101 81936 3049349SH Sole 2831299 218050 DISNEY WALT COMPANY COM 254687106 273 9831SH Sole 9831 DU PONT E I DE NEMOURS COM 263534109 280 5700SH Sole 5400 300 E M C CORP MASS COM 268648102 184 12401SH Sole 12401 EATON CORP COM 278058102 295 4072SH Sole 2872 1200 ENGELHARD CORP COM 292845104 69886 2278655SH Sole 2108855 169800 EXXON MOBIL CORP COM 30231G102 3582 69877SH Sole 61677 8200 FANNIE MAE COM 313586109 59368 833709SH Sole 787059 46650 FEDEX CORP COM 31428X106 51089 518719SH Sole 482244 36475 FIRST DATA CORP COM 319963104 1142 26846SH Sole 22046 4800 FREDDIE MAC COM 313400301 47267 641344SH Sole 596069 45275 GENERAL ELEC CO COM 369604103 73923 2025276SH Sole 1885776 139500 HARTFORD FINANCIAL COM 416515104 298 4301SH Sole 4301 HCA INC COM 404119109 93030 2328078SH Sole 2183078 145000 HEWLETT-PACKARD CO COM 428236103 111402 5312452SH Sole 4997018 315434 INTEL CORP COM 458140100 469 20047SH Sole 20047 INTL BUSINESS MACHINES COM 459200101 125713 1275241SH Sole 1193291 81950 ISHARES TR RUSSELL1000VAL COM 464287598 3458 52105SH Sole 52105 J P MORGAN CHASE & CO COM 46625H100 156643 4015453SH Sole 3716253 299200 JEFFERSON PILOT CORP COM 475070108 56530 1087944SH Sole 1024744 63200 JOHNSON & JOHNSON COM 478160104 119189 1879355SH Sole 1756980 122375 KERR MCGEE CORP COM 492386107 74027 1280964SH Sole 1214760 66204 KONINKLIJKE PHILIPS EL NY REG COM 500472303 259 9755SH Sole 9755 KROGER CO COM 501044101 43123 2458525SH Sole 2338325 120200 MARATHON OIL CORP COM 565849106 52555 1397373SH Sole 1313773 83600 MAY DEPT STORES COM 577778103 56830 1932983SH Sole 1824108 108875 MCDONALDS CORP COM 580135101 295 9200SH Sole 9200 MCGRAW HILL COS COM 580645109 1831 20000SH Sole 20000 MERCK & CO INC COM 589331107 73898 2299254SH Sole 2146904 152350 MERRILL LYNCH & CO COM 590188108 218 3647SH Sole 3647 MICROSOFT CORP COM 594918104 76204 2851939SH Sole 2700589 151350 MOTOROLA INC COM 620076109 478 27805SH Sole 27805 NORFOLK SOUTHERN COM 655844108 252 6973SH Sole 3773 3200 NOVELL INC COM 670006105 121 17900SH Sole 16900 1000 PEPSICO INC COM 713448108 218 4174SH Sole 4174 PFIZER INC COM 717081103 105076 3907609SH Sole 3654209 253400 PROCTER & GAMBLE COM 742718109 694 12600SH Sole 12600 ROYAL DUTCH PETE COM 780257804 41805 728560SH Sole 692310 36250 SBC COMMUNICATIONS COM 78387G103 550 21334SH Sole 17718 3616 SCHERING PLOUGH COM 806605101 365 17474SH Sole 17474 SCHLUMBERGER LTD COM 806857108 707 10554SH Sole 8854 1700 SEARS ROEBUCK & CO COM 812387108 1220 23900SH Sole 19600 4300 SERVICE CORP INTL COM 817565104 850 114100SH Sole 87600 26500 SLM CORPORATION SECURITIES COM 78442P106 3786 70905SH Sole 55705 15200 SUNTRUST BKS INC COM 867914103 1371 18559SH Sole 17599 960 THE ST PAUL TRAVELERS COMPANIE COM 792860108 124261 3352059SH Sole 3151915 200144 TIME WARNER INC COM 887317105 269 13826SH Sole 13826 TOYS R US INC COM 892335100 338 16500SH Sole 9500 7000 TRANSOCEAN INC ORD COM G90078109 7825 184597SH Sole 153797 30800 TRINITY INDS INC COM 896522109 256 7500SH Sole 3600 3900 TYCO INTL LTD COM 902124106 86987 2433885SH Sole 2223253 210632 UNION PAC CORP COM 907818108 37187 552968SH Sole 515218 37750 UNITED TECHNOLOGIES COM 913017109 418 4040SH Sole 4040 UNUMPROVIDENT CORP COM 91529Y106 93433 5208077SH Sole 4873577 334500 VERIZON COMMUNICATIONS COM 92343V104 85297 2105587SH Sole 1945140 160447 WACHOVIA CORP COM 929903102 123697 2351647SH Sole 2185687 165960 WAL MART STORES COM 931142103 53458 1012080SH Sole 938055 74025 WATSON PHARMACEUTICALS COM 942683103 49860 1519664SH Sole 1404364 115300 WELLPOINT INC COM 94973V107 71361 620533SH Sole 579233 41300 WHIRLPOOL CORP COM 963320106 38712 559343SH Sole 532243 27100 WYETH COM 983024100 602 14143SH Sole 14143 XEROX CORP COM 984121103 323 18977SH Sole 18977 COLUMN TOTALS 3,468,50587,438,513 81,745,15 05,693,3