-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: keymaster@town.hall.org Originator-Key-Asymmetric: MFkwCgYEVQgBAQICAgADSwAwSAJBALeWW4xDV4i7+b6+UyPn5RtObb1cJ7VkACDq pKb9/DClgTKIm08lCfoilvi9Wl4SODbR1+1waHhiGmeZO8OdgLUCAwEAAQ== MIC-Info: RSA-MD5,RSA, NjU9km8O07eg1X5OFV1Iy+Jt2i0ABuEHYkCMkZ3/1pQi/4Dj48pieaYR2Qc6iFNJ oymf876/zE9BRZPXD7OIeQ== 0000950109-95-000667.txt : 19950615 0000950109-95-000667.hdr.sgml : 19950615 ACCESSION NUMBER: 0000950109-95-000667 CONFORMED SUBMISSION TYPE: 10-Q/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19941231 FILED AS OF DATE: 19950313 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: DIGITAL EQUIPMENT CORP CENTRAL INDEX KEY: 0000028887 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER & OFFICE EQUIPMENT [3570] IRS NUMBER: 042226590 STATE OF INCORPORATION: MA FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 10-Q/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-05296 FILM NUMBER: 95520439 BUSINESS ADDRESS: STREET 1: 146 MAIN ST CITY: MAYNARD STATE: MA ZIP: 01754 BUSINESS PHONE: 6178975111 MAIL ADDRESS: STREET 2: 111 POWDER MILL ROAD MS02-3/F13 CITY: MAYNARD STATE: MA ZIP: 01754 10-Q/A 1 AMENDMENT 10Q/A FORM 10-Q SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 1 to FORM 10-Q X QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for the quarterly period ended December 31, 1994 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 1-5296 Digital Equipment Corporation (Exact name of registrant as specified in its charter) Massachusetts 04-2226590 (State or other jurisdiction of (I.R.S. Employer Identification No.) incorporation or organization) 111 Powdermill Road, Maynard, Massachusetts 01754 (Address of principal executive offices) (Zip Code) (508) 493-5111 (Registrant's telephone number, including area code) Indicate by 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 X NO. Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practicable date. Number of shares of Common Stock, par value $1, outstanding as of December 31, 1994: 146,673,801. The undersigned registrant hereby amends the following items, financial statements, exhibits or other portions of its quarterly report on Form 10-Q as set forth on the pages attached hereto. DIGITAL EQUIPMENT CORPORATION CONSOLIDATED STATEMENTS OF CASH FLOWS (Dollars in thousands)
Six-Month Period Ended --------------------------- December 31, January 1, 1994 1994 ------------ ------------ CASH FLOWS FROM OPERATING ACTIVITIES: Net loss..................................... $ ( 111,688) $ (226,397) Adjustments to reconcile net loss to net cash used by operating activities: Depreciation............................. 263,101 301,722 Amortization............................. 36,032 60,996 Net gain on disposition of investments and other assets........... (27,398) --- Other adjustments to net loss............ (83,413) 84,002 Decrease in accounts receivable.......... 345,657 224,283 Increase in inventories.................. (277,406) (195,216) (Increase)/decrease in prepaid expenses.. (13,889) 82,145 Decrease in accounts payable............. (248,034) (55,379) Decrease in taxes........................ (3,848) (66,782) Increase in salaries, wages, benefits and related items...................... 14,684 134,695 Decrease in deferred revenues and customer advances....................... (176,389) (l77,830) Decrease in accrued restructuring costs.. (462,465) (34l,584) Increase/(decrease) in other current liabilities.................... 108,656 (65,303) ------------ ------------ Total adjustments............................ (524,712) (14,251) ------------ ------------ Net cash flows from operating activities..... (636,400) (240,648) ------------ ------------ CASH FLOWS FROM INVESTING ACTIVITIES: Investment in property, plant and equipment.. (182,335) (348,070) Proceeds from the disposition of net property, plant and equipment.............. 110,304 53,620 Investment in other assets................... (13,151) (39,993) Proceeds from the disposition of other assets..................................... 644,634 3,238 ------------ ------------ Net cash flows from investing activities..... 559,452 (33l,205) ------------ ------------ Net cash flows from operating and investing activities....................... (76,948) (57l,853) ------------ ------------ The accompanying notes are an integral part of these financial statements.
CASH FLOWS FROM FINANCING ACTIVITIES: Proceeds from the issuance of debt........... --- 12,950 Payments to retire debt...................... (24,355) (23,573) Issuance of common and treasury shares, including tax effects.............. 70,368 86,538 Dividends on preferred stock................. (17,750) --- ------------ ------------ Net cash flows from financing activities..... 28,263 75,9l5 ------------ ------------ Net decrease in cash and cash equivalents.... (48,685) (495,938) Cash and cash equivalents at the beginning of the year...................... 1,180,863 1,643,l95 ------------ ------------ Cash and cash equivalents at end of period... $ 1,132,178 $ 1,147,257 ============ ============
The accompanying notes are an integral part of these financial statements. SIGNATURES Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this amendment to be signed on its behalf by the undersigned, thereunto duly authorized. DIGITAL EQUIPMENT CORPORATION (Registrant) By: /s/ Vincent J. Mullarkey ___________________________________ Vincent J. Mullarkey Vice President, Finance and Chief Financial Officer (Duly Authorized Officer and Principal Financial Officer) Dated: March 13, 1995 -----END PRIVACY-ENHANCED MESSAGE-----