-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, ETKjQ2sa5sdkAi1Cb17Luq5R7eljGVh5W5UMTstOACmUJgYBUsxZqUubG+OeLIUd si56BRwq5QolH9eomxgM7g== 0000950162-03-001307.txt : 20031014 0000950162-03-001307.hdr.sgml : 20031013 20031014172448 ACCESSION NUMBER: 0000950162-03-001307 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030630 ITEM INFORMATION: Other events FILED AS OF DATE: 20031014 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SUBURBAN PROPANE PARTNERS LP CENTRAL INDEX KEY: 0001005210 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-MISCELLANEOUS RETAIL [5900] IRS NUMBER: 223410353 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-14222 FILM NUMBER: 03940309 BUSINESS ADDRESS: STREET 1: P O BOX 206 STREET 2: 240 ROUTE 10 WEST CITY: WIPPANY STATE: NJ ZIP: 07981 BUSINESS PHONE: 9738875300 MAIL ADDRESS: STREET 1: ONE SUBURBAN PLZ STREET 2: 240 RTE 10 WEST CITY: WHIPPANY STATE: NJ ZIP: 07981 8-K 1 suburban8k101403.txt FORM 8K ================================================================================ SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________________ FORM 8-K Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) June 30, 2003 Commission File Number 1-14222 SUBURBAN PROPANE PARTNERS, L.P. - -------------------------------------------------------------------------------- (Exact name of registrant as specified in its charter) Delaware 22-3410353 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 240 Route 10 West Whippany New Jersey 07981 (973) 887-5300 (Address, including zip code and telephone number, including area code, of principal executive offices) ================================================================================ ITEM 5. OTHER EVENTS AND REGULATION FD DISCLOSURE Copies of the unaudited balance sheets of our general partner, Suburban Energy Services Group LLC, as of June 28, 2003 and September 28, 2002 have been filed as Exhibit 99.1 to this Current Report. 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 hereunto duly authorized. Dated: October 14, 2003 SUBURBAN PROPANE PARTNERS, L.P. By: /s/ Janice G. Meola ---------------------------------- Name: Janice G. Meola Title: General Counsel & Secretary EXHIBITS Exhibit No. Exhibit - ----------- ------- 99.1 Unaudited balance sheets of Suburban Energy Services Group LLC as of June 28, 2003 and September 28, 2002 EX-99.1 3 sub8k101403ex991.txt UNAUDITED BALANCE SHEET
SUBURBAN ENERGY SERVICES GROUP LLC BALANCE SHEETS (unaudited) June 28, September 28, 2003 2002 ------------- --------------- ASSETS Current assets: Cash and cash equivalents $ 2,886 $ 4,363 ------------- --------------- Total current assets 2,886 4,363 Investment in Suburban Propane Partners, L.P. 2,569,876 1,924,003 Goodwill, net 3,112,560 3,112,560 ------------- --------------- Total assets $ 5,685,322 $ 5,040,926 ============= =============== LIABILITIES AND STOCKHOLDERS' EQUITY Total liabilities - - ------------- --------------- Stockholders' equity: Common stock, $1 par value, 2,000 shares issued and outstanding 2,000 2,000 Additional paid in capital 2,294,680 3,405,108 Retained earnings 3,388,642 1,633,818 ------------- --------------- Total stockholders' equity 5,685,322 5,040,926 Total liabilities and stockholders' equity $ 5,685,322 $ 5,040,926 ============= ===============
The accompanying notes are an integral part of these balance sheets. 1 SUBURBAN ENERGY SERVICES GROUP LLC NOTES TO BALANCE SHEETS (unaudited) 1. Organization and Formation Suburban Energy Services Group LLC (the "Company") was formed on October 26, 1998 as a limited liability company pursuant to the Delaware Limited Liability Company Act. The Company was formed to purchase the general partner interests in Suburban Propane Partners, L.P. (the "Partnership") from Suburban Propane GP, Inc. (the "Former General Partner"), a wholly-owned indirect subsidiary of Millennium Chemicals Inc., and become the successor general partner. The Company purchased a 1% general partner interest in the Partnership and a 1.0101% general partner interest in Suburban Propane, L.P., the operating partnership. The Partnership is a publicly-traded master limited partnership whose common units are listed on the New York Stock Exchange and is engaged in the retail and wholesale marketing of propane and related appliances and services. As a result of two public offerings by the Partnership on October 17, 2000 and June 18, 2003, the Company's interest in the Partnership was reduced to .701%. The Company's interest in Suburban Propane, L.P. was not affected. The Company acquired the general partner interests from Millennium Chemicals Inc. on May 26, 1999 for $6,000,000. The Company is owned by senior management of Suburban Propane, L.P. Each owner has contributed their pro-rata share of $2,000 as their initial capital contribution. 2. Basis of Presentation Accounting Period. The Company's fiscal periods end on the Saturday nearest the end of the quarter. Use of Estimates. The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. 2 -----END PRIVACY-ENHANCED MESSAGE-----