8-K

UNITED STATES

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): February 18, 2011

ABITIBIBOWATER INC.

(Exact name of Registrant as Specified in Charter)

Delaware	001-33776	98-0526415
(State or other Jurisdiction of Incorporation or Organization)	(Commission File Number)	(I.R.S. Employer Identification Number)

AbitibiBowater Inc. 1155 Metcalfe Street, Suite 800 Montreal, Quebec, Canada	H3B 5H2
(Address of principal executive offices)	(Zip Code)

(514) 875-2160

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

ITEM 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION.

On February 18, 2011, AbitibiBowater Inc. (the “Company”) released certain financial and statistical information related to the recently-completed fourth quarter and 2010 fiscal year-end. The document containing the information, “AbitibiBowater 2010 Unaudited Financial Information & Operating Statistics”, is being furnished as exhibit 99.1 and is incorporated herein by reference. The document is also available for download in the Financial Reports section of the Company’s website at www.abitibibowater.com/investors.

The information furnished pursuant to this Item 2.02, including exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities under that section, and shall not be deemed to be incorporated by reference into any Company filing under the Securities Act of 1933 or the Exchange Act.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.

Exhibit No.	Description
99.1	AbitibiBowater 2010 Unaudited Financial Information & Operating Statistics, dated February 18, 2011

1

SIGNATURES

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

ABITIBIBOWATER INC.
By:	/s/ Jacques P. Vachon
Name:	Jacques P. Vachon
Title:	Senior Vice President & Chief Legal Officer

Dated: February 18, 2011

2

INDEX OF EXHIBITS

Exhibit No.	Description
99.1	AbitibiBowater 2010 Unaudited Financial Information & Operating Statistics, dated February 18, 2011

3

EX-99.1

ABITIBIBOWATER

2010

Unaudited Financial

Information & Operating

Statistics

February 18, 2011

Exhibit 99.1

2

Unaudited Financial Information

(Predecessor Company)

Effective upon the commencement of the Creditor Protection Proceedings and through December 31, 2010, we applied the 

guidance in Financial Accounting Standards Board Accounting Standards Codification 852, “Reorganizations,” in preparing our

consolidated financial statements.  The application of fresh start accounting and the implementation of our Plans of Reorganization

materially changed the carrying amounts and classifications reported in our consolidated financial statements and resulted in the

Company becoming a new entity for financial reporting purposes. Accordingly, our consolidated statements of operations for periods

prior to December 31, 2010 will not be comparable to our consolidated statements of operations for periods subsequent to December

31, 2010.  Financial statements for periods prior to December 31, 2010 will be considered “Predecessor” or “Predecessor Company”

and our consolidated balance sheet as of December 31, 2010 and our financial statements for periods after December 31, 2010 will be

considered “Successor” or “Successor Company.”

2010

(Unaudited, in millions US$)

Qtr 1

Qtr 2

Qtr 3

Qtr 4

Full year

Sales

1,100

$     

1,182

$     

1,192

$     

1,272

$     

4,746

$     

Costs and expenses:

Cost of sales, excluding depreciation, amortization

and cost of timber harvested

915

951

892

966

3,724

Depreciation, amortization and cost of timber

harvested

132

125

119

117

493

Distribution costs

137

141

133

142

553

Selling and administrative expenses

30

39

40

46

155

Closure costs, impairment and other

related charges

5

3

(3)

(2)

3

Net gain on disposition of assets and other

(9)

(4)

(1)

(16)

(30)

Operating (loss) income

(110)

$       

(73)

$         

12

$          

19

$          

(152)

$       

3

Unaudited Financial & Operating

Statistics

2010

(Unaudited, US$)

Qtr 1

Qtr 2

Qtr 3

Qtr 4

Full Year

Sales by Segment (in millions)

Newsprint

433

$                 

456

$                 

429

$                 

486

$                 

1,804

$              

Coated papers

106

114

128

134

482

Specialty papers

299

329

347

346

1,321

Market pulp

163

172

184

196

715

Wood products

99

111

104

110

424

Total sales

1,100

$              

1,182

$              

1,192

$              

1,272

$              

4,746

$              

Shipments to 3rd Parties

Newsprint (thousands of metric tons)

795

763

694

753

3,005

Coated papers (thousands of short tons)

159

166

175

171

671

Specialty papers (thousands of short tons)

436

488

505

495

1,924

Market pulp (thousands of metric tons)

241

225

236

268

970

Wood products (millions of board feet)

331

334

363

367

1,395

Average Transaction Price

Newsprint (per metric ton)

545

$                 

597

$                 

619

$                 

644

$                 

600

$                 

Coated papers (per short ton)

668

685

733

781

718

Specialty papers (per short ton)

684

675

687

699

687

Market

pulp

(per

metric

ton)

676

767

776

734

737

Wood products (per thousand board feet)

300

329

289

299

304

(Predecessor Company)

4

Unaudited Financial & Operating

Statistics

2010

(Unaudited, US$)

Qtr 1

Qtr 2

Qtr 3

Qtr 4

Full Year

Operating (Loss) Income by Segment (in millions)

Newsprint

(102)

$               

(49)

$                 

(8)

$                   

(12)

$                 

(171)

$               

Coated papers

(4)

5

13

17

31

Specialty papers

(8)

(25)

(6)

(5)

(44)

Market pulp

13

24

55

45

137

Wood products

2

3

(1)

5

9

Corporate and other

(11)

(31)

(41)

(31)

(114)

(110)

$               

(73)

$                 

12

$                   

19

$                   

(152)

$               

Depreciation and Amortization by Segment (in millions)

Newsprint

66

$                   

56

$                   

50

$                   

53

$                   

225

$                 

Coated papers

7

7

8

8

30

Specialty papers

29

34

33

32

128

Market pulp

13

12

12

12

49

Wood products

13

11

9

9

42

Corporate and other

4

5

7

3

19

132

$                 

125

$                 

119

$                 

117

$                 

493

$                 

Operating Cost per Unit

Newsprint (per metric ton)

674

$                 

661

$                 

631

$                 

660

$                 

657

$                 

Coated papers (per short ton)

690

655

661

685

672

Specialty papers (per short ton)

703

727

698

709

709

Market pulp (per metric ton)

621

659

546

565

596

Wood products (per thousand board feet)

295

319

291

286

297

(Predecessor

Company)

Total operating (loss) income