-----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, CzkFZy3heUdqP2Y0FH038V6k8Wchrr/NlOCk4/IuSIuORgZ8Tz5TAG253B+2dOYC xs34y0UtUlObsQOZXZAf5w== 0000950130-01-506180.txt : 20020413 0000950130-01-506180.hdr.sgml : 20020413 ACCESSION NUMBER: 0000950130-01-506180 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20011217 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20011220 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DELHAIZE AMERICA INC CENTRAL INDEX KEY: 0000037912 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-GROCERY STORES [5411] IRS NUMBER: 560660192 STATE OF INCORPORATION: NC FISCAL YEAR END: 0102 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-06080 FILM NUMBER: 1820049 BUSINESS ADDRESS: STREET 1: PO BOX 1330 STREET 2: 2110 EXECUTIVE DR CITY: SALISBURY STATE: NC ZIP: 28145 BUSINESS PHONE: 7046338250 MAIL ADDRESS: STREET 1: PO BOX 1330 STREET 2: 2110 EXECUTIVE DR CITY: SALISBURY STATE: NC ZIP: 28145 FORMER COMPANY: FORMER CONFORMED NAME: FOOD LION INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: FOOD TOWN STORES INC DATE OF NAME CHANGE: 19830510 8-K 1 d8k.txt FORM 8-K ================================================================================ SECURITIES AND EXCHANGE COMMISSION Washington, DC 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): December 17, 2001 Delhaize America, Inc. (Exact Name of Registrant as Specified in Charter) North Carolina 333-69520 56-0660192 (State or Other Jurisdiction of (Commission File Number) (IRS Employer Incorporation) Identification No.) 2110 Executive Drive, P.O. Box 1330 Salisbury, North Carolina 28145-1330 (Address of Principal (Zip Code) Executive Offices) Registrant's telephone number, including area code (704) 633-8250 ================================================================================ Item 5. Other Events. The attached Delhaize America, Inc. (the "Company") Consolidated Statements of Income for the 13 weeks and 12 weeks ended September 29, 2001 and September 9, 2000 and the 39 weeks and 36 weeks ended September 29, 2001 and September 9, 2000, previously contained in (i) a Form 6-K filed by Etablissements Delhaize Freres et Cie "Le Lion" S.A. ("Delhaize Group") on October 26, 2001 (the "Form 6-K"), (ii) a Registration Statement on Form S-4 filed by the Company on September 17, 2001, as amended by Amendment No. 1 to the Registration Statement on Form S-4 filed by the Company on October 26, 2001 and as further amended by Amendment No. 2 to the Registration Statement on Form S-4 filed by the Company on November 15, 2001 (the "Registration Statement") and (iii) a prospectus filed by the Company pursuant to Rule 424(b)(3) on November 19, 2001 (the "Prospectus"), are hereby revised to include corrected pro forma results for the Company for the 13 weeks and 39 weeks ended September 30, 2000. This revision reflects a change in the Company's quarterly fiscal calendar from three 12-week quarters and one 16-week quarter in 2000 to four equal 13-week quarters in 2001. All other financial information contained in the attached schedules remains unchanged from the information contained in the Form 6-K, the Registration Statement and the Prospectus. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits (a) Financial Statements of Business Acquired None. (b) Pro Forma Financial Information None. (c) Exhibits 99.1 Consolidated Statements of Income for the 13 weeks ended September 29, 2001 and the 12 weeks ended September 9, 2000 99.2 Consolidated Statements of Income for the 39 weeks ended September 29, 2001 and the 36 weeks ended September 9, 2000 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. Delhaize America, Inc. (Registrant) Date: December 20, 2001 /s/ Michael R. Waller -------------------------------------- Name: Michael R. Waller Title: Executive Vice President and General Counsel EX-99.1 3 dex991.txt CONSOLIDATED STATEMENTS OF INCOME FOR THE 13 WEEKS EXHIBIT 99.1 DELHAIZE AMERICA, INC. CONSOLIDATED STATEMENTS OF INCOME (Unaudited) For the 13 and 12 Weeks ended Sept 29, 2001 and Sept 9, 2000 (Dollars in thousands)
Pro forma 13 Weeks 13 Weeks 12 Weeks Sep 29, 2001 Sep 30, 2000 Sep 9, 2000 (A) (B) (C) A% B% C% ----------------------------------------------- ----------------------------- Net sales and other revenues $3,822,390 $3,645,114 $3,053,999 100.00 100.00 100.00 Cost of goods sold 2,851,378 2,771,101 2,326,531 74.60 76.02 76.18 Selling and administrative expenses 789,957 750,662 609,895 20.66 20.59 19.97 Asset impairment provision - 26,961 26,961 0.00 0.74 0.88 Store closing provision 1,750 34,237 37,875 0.05 0.94 1.24 Merger expense - 24,127 10,919 0.00 0.66 0.36 ----------------------------------------------- ----------------------------- Operating income 179,305 38,026 41,818 4.69 1.05 1.37 Interest expense 87,901 84,831 54,623 2.30 2.33 1.79 ----------------------------------------------- ----------------------------- Income before income taxes 91,404 (46,805) (12,805) 2.39 -1.28 -0.42 Provision for income taxes 45,508 (6,478) (2,167) 1.19 -0.17 -0.07 ----------------------------------------------- ----------------------------- Net income $ 45,896 $ (40,327) $ (10,638) 1.20 -1.11 -0.35 =============================================== ============================= EBITDA (FIFO) $ 317,919 $ 247,140 $ 208,750 8.32 6.78 6.84
Note: Pro forma consolidated statements of income for the thirteen and thirty-nine week periods ended Sept 30, 2000 are presented to reflect the impact of the calendar change to a thirteen week calendar quarter and to include the results of operations of Hannaford Bros. Co. which was acquired on July 31, 2000. EBITDA is defined by our company as earnings before interest, taxes, depreciation, amortization, LIFO income/expense, merger expense, store closing provision and asset impairment provision. We do not represent EBITDA as an alternative measure to net income or cash flow from operations, which is determined in accordance with U.S. GAAP. Investors should note that our calculation of EBITDA might differ from similarly titled measures for other companies. EX-99.2 4 dex992.txt CONSOLIDATED STATEMENTS OF INCOME FOR THE 39 WEEKS EXHIBIT 99.2 DELHAIZE AMERICA, INC. CONSOLIDATED STATEMENTS OF INCOME (Unaudited) For the 39 and 36 Weeks ended Sept 29, 2001 and Sept 9, 2000 (Dollars in thousands)
Pro forma 39 Weeks 39 Weeks 36 Weeks Sep 29,2001 Sep 30,2000 Sep 9,2000 (D) (E) (F) D% E% F% -------------------------------------------- --------------------------- Net sales and other revenues $11,152,237 $10,623,118 $8,185,224 100.00 100.00 100.00 Cost of goods sold 8,331,984 8,020,517 6,191,262 74.71 75.50 75.64 Selling and administrative expenses 2,303,564 2,164,422 1,609,009 20.65 20.38 19.66 Asset impairment provision - 26,961 26,961 0.00 0.25 0.33 Store closing provision 5,250 42,734 45,872 0.05 0.40 0.56 Merger expense 39,713 29,461 13,864 0.36 0.28 0.17 -------------------------------------------- --------------------------- Operating income 471,726 339,023 298,256 4.23 3.19 3.64 Interest expense 259,900 250,135 109,996 2.33 2.35 1.34 -------------------------------------------- --------------------------- Income before income taxes 211,826 88,888 188,260 1.90 0.84 2.30 Provision for income taxes 102,337 57,801 74,241 0.92 0.55 0.91 -------------------------------------------- --------------------------- Net income $109,489 $31,087 $114,019 0.98 0.29 1.39 ============================================ =========================== EBITDA (FIFO) $909,434 $809,809 $610,331 8.15 7.62 7.46
Note: Pro forma consolidated statements of income for the thirteen and thirty-nine week periods ended Sept 30, 2000 are presented to reflect the impact of the calendar change to a thirteen week calendar quarter and to include the results of operations of Hannaford Bros. Co. which was acquired on July 31, 2000. EBITDA is defined by our company as earnings before interest, taxes, depreciation, amortization, LIFO income/expense, merger expense, store closing provision and asset impairment provision. We do not represent EBITDA as an alternative measure to net income or cash flow from operations, which is determined in accordance with U.S. GAAP. Investors should note that our calculation of EBITDA might differ from similarly titled measures for other companies. -----END PRIVACY-ENHANCED MESSAGE-----