Caramel Icing

Directions

1. 1
   Brown 2 cups sugar.
2. 2
   Add hot water.
3. 3
   Stir until dissolved. Add condensed milk.
4. 4
   Let cook until well dissolved.
5. 5
   Add 1 cup sugar and cook until it forms medium hard ball in cold water.
6. 6
   Add vanilla, butter and nuts.
7. 7
   Yield: icing for 4 layers.