-----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, WmfQzQUUr/QPKhTtZfm9u9wZ37OHWclfymIs62DfrB6oBq/5scKjaSy+mjdi1kcZ cLJDlCk7KBlMFcombzxLFA== 0001125264-01-500014.txt : 20010719 0001125264-01-500014.hdr.sgml : 20010719 ACCESSION NUMBER: 0001125264-01-500014 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20001231 FILED AS OF DATE: 20010718 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ATEL CAPITAL EQUIPMENT FUND IX LLC CENTRAL INDEX KEY: 0001125264 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-EQUIPMENT RENTAL & LEASING, NEC [7359] IRS NUMBER: 943375584 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: SEC FILE NUMBER: 333-47196 FILM NUMBER: 1683618 BUSINESS ADDRESS: STREET 1: 235 PINE ST STREET 2: 6TH FLR CITY: SAN FRANCISCO STATE: CA ZIP: 94104 BUSINESS PHONE: 4159898800 MAIL ADDRESS: STREET 1: 235 PINE STREET STREET 2: 6TH FLOOR CITY: SAN FRANCISCO STATE: CA ZIP: 94104 10-K 1 fund910k-2000.txt Form 10K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 |_| Annual report pursuant to section 13 or 15(d) of the Securities Exchange Act of 1934 (fee required) For the Year Ended December 31, 2000 OR |X| Transition report pursuant to section 13 or 15(d) of the Securities Exchange Act of 1934 (no fee required) For the transition period from September 27, 2000 to December 31, 2000 Commission File number 333-47196 ATEL Capital Equipment Fund IX, LLC California 94-3375584 ---------- ---------- (State or other jurisdiction of (I. R. S. Employer incorporation or organization) Identification No.) 235 Pine Street, 6th Floor, San Francisco, California 94104 ----------------------------------------------------------- (Address of principal executive offices) Registrant's telephone number, including area code (415) 989-8800 Securities registered pursuant to section 12(b) of the Act: None Securities registered pursuant to section 12(g) of the Act: None Indicate by a check mark whether the registrant (1) has filed all reports required to be filed 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 |_| No |X| State the aggregate market value of voting stock held by non-affiliates of the registrant. Inapplicable DOCUMENTS INCORPORATED BY REFERENCE None Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (ss.229.405) is not contained herein, and will not be contained, to the best of registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. |X| 1 PART I Item 1: BUSINESS Not applicable Item 2. PROPERTIES Not applicable Item 3. LEGAL PROCEEDINGS Not applicable Item 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS Not applicable PART II Item 5. MARKET FOR REGISTRANT'S LIMITED LIABILITY COMPANY UNITS AND RELATED MATTERS Not applicable Item 6. SELECTED FINANCIAL DATA Not applicable Item 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS Not applicable Item 7a. QUALITATIVE AND QUANTITATIVE DISCLOSURES ABOUT MARKET RISK Not applicable Item 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA See the Report of Independent Auditors, Financial Statements and Notes to Financial Statements attached hereto at pages 3 through 5. 2 REPORT OF ERNST & YOUNG LLP, INDEPENDENT AUDITORS The Members ATEL Capital Equipment Fund IX, LLC We have audited the accompanying balance sheet of ATEL Capital Equipment Fund IX, LLC (a development stage enterprise) as of December 31, 2000, and the related statements of changes in members' capital and cash flows for the period from September 27, 2000 (inception) through December 31, 2000. These financial statements are the responsibility of the Fund's management. Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinion. In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of ATEL Capital Equipment Fund IX, LLC (a development stage enterprise) at December 31, 2000, and its changes in members' capital and cash flows for the period from September 27, 2000 (inception) through December 31, in conformity with accounting principles generally accepted in the United States. /s/ ERNST & YOUNG LLP San Francisco, California January 15, 2001 3 ATEL CAPITAL EQUIPMENT FUND IX, LLC (A Development Stage Enterprise) BALANCE SHEET DECEMBER 31, 2000 ASSETS Cash $600 ======== LIABILITIES AND MEMBERS' CAPITAL Members' capital: Managing Member $100 Initial Member 500 -------- Total members' capital $600 ======== STATEMENT OF CHANGES IN MEMBERS' CAPITAL FOR THE PERIOD FROM SEPTEMBER 27, 2000 (INCEPTION) THROUGH DECEMBER 31, 2000 Initial Member -------------- Managing Units Amount Member Total Capital contributions 50 $500 $100 $600 ============== =============== ============ ========== STATEMENT OF CASH FLOWS FOR THE PERIOD FROM SEPTEMBER 27, 2000 (INCEPTION) THROUGH DECEMBER 31, 2000 Financing activities: Capital contributions received $600 ------- Net increase in cash 600 ------- Cash at end of period $600 ======= See accompanying notes. 4 ATEL CAPITAL EQUIPMENT FUND IX, LLC (A Development Stage Enterprise) NOTES TO FINANCIAL STATEMENTS DECEMBER 31, 2000 1. Organization and Limited Liability Company matters: ATEL Capital Equipment Fund IX, LLC (a development stage enterprise) (the Fund) was formed under the laws of the state of California on September 27, 2000 for the purpose of acquiring equipment to engage in equipment leasing and sales activities. The Fund may continue until December 31, 2019. Contributions in the amount of $600 were received as of December 31, 2000, $100 of which represented the Managing Member's continuing interest, and $500 of which represented the Initial Member's capital investment. As of December 31, 2000, the Fund had not commenced operations other than those relating to organizational matters. The Fund, or the Managing Member on behalf of the Fund, will incur costs in connection with the organization, registration and issuance of the Limited Liability Company Units (Units). The amount of such costs to be born by the Fund is limited by certain provisions of the Fund's Operating Agreement. 2. Income taxes: The Fund does not provide for income taxes since all income and losses are the liability of the individual members and are allocated to the members for inclusion in their individual tax returns. 3. Members' capital: As of December 31, 2000, 50 Units were issued and outstanding. The Fund is authorized to issue up to 15,000,000 additional Units. The Fund's Net Income, Net Losses, and Distributions are to be allocated 92.5% to the Members and 7.5% to the Managing Member. 4. Commitments and management: The terms of the Operating Agreement provide that the Managing Member and/or affiliates are entitled to receive certain fees, in addition to the allocations described above, which are more fully described in Section 8 of the Fund's Operating Agreement. The additional fees to management include fees for equipment management and resale. 5 Item 9. CHANGES IN AND DISAGREEMENTS WITH AUDITORS ON ACCOUNTING AND FINANCIAL DISCLOSURES Not applicable PART III Item 10. DIRECTORS AND EXECUTIVE OFFICERS Not applicable Item 11. EXECUTIVE COMPENSATION Not applicable Item 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT Not applicable Item 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS Not applicable PART IV Item 14. EXHIBITS, FINANCIAL STATEMENT SCHEDULES AND REPORTS ON FORM 8-K (a)Financial Statements and Schedules 1. Financial Statements Included in Part II of this report: Report of Independent Auditors Balance Sheet at December 31, 2000 Statement of Changes in Members' Capital for the period from September 27, 2000 (inception) through December 31, 000 Statement of Cash Flows for the period from September 27, 2000 (inception) through December 31, 2000 Notes to Financial Statements 2. Financial Statement Schedules Allschedules for which provision is made in the applicable accounting regulations of the Securities and Exchange Commission are not required under the related instructions or are inapplicable and, therefore, have been omitted. (b)Reports on Form 8-K for the fourth quarter of 2000 Not applicable (c)Exhibits None 6 SIGNATURES Pursuant to the requirements of Section 13 or 15(d) 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. Date: 7/16/2001 ATEL Capital Equipment Fund IX, LLC (Registrant) By: ATEL Financial Corporation, Managing Member of Registrant By: /s/ Dean L. Cash ------------------------------------------ Dean Cash President of ATEL Financial Corporation (Managing Member) By: /s/ Paritosh K. Choksi ------------------------------------------ Paritosh K. Choksi Executive Vice President of ATEL Financial Corporation (Managing Member) 7 Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the persons in the capacities and on the dates indicated. SIGNATURE CAPACITIES DATE /s/ Dean L. Cash President, Chairman and Chief Executive 7/16/2001 - ------------------------- Officer of ATEL Financial Corporation Dean Cash /s/ Paritosh K. Choksi Principal financial officer of 7/16/2001 - ------------------------- registrant; principal financial officer Paritosh K. Choksi and director of ATEL Financial Corporation /s/ Donald E. Carpenter Principal accounting officer of registrant; 7/16/2001 - ------------------------- principal accounting officer of ATEL Donald E. Carpenter Financial Corporation -----END PRIVACY-ENHANCED MESSAGE-----