-----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, JnZskpzo/HaldtTsJP++02zOQakQshmw6sdqOfpHVrCQL4XiovSpNwnXT7Q5KFRJ krh9YcGquRLJloiN9qp3UQ== 0000889812-99-002563.txt : 19990825 0000889812-99-002563.hdr.sgml : 19990825 ACCESSION NUMBER: 0000889812-99-002563 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19990823 ITEM INFORMATION: FILED AS OF DATE: 19990824 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HARVARD INDUSTRIES INC CENTRAL INDEX KEY: 0000046012 STANDARD INDUSTRIAL CLASSIFICATION: FABRICATED RUBBER PRODUCTS, NEC [3060] IRS NUMBER: 210715310 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-01044 FILM NUMBER: 99698628 BUSINESS ADDRESS: STREET 1: 3 WERNER WAY CITY: LEBANON STATE: NJ ZIP: 08833 BUSINESS PHONE: 9084374100 MAIL ADDRESS: STREET 1: 3 WERNER WAY STREET 2: SUITE 960 CITY: LEBANON STATE: NJ ZIP: 08833 FORMER COMPANY: FORMER CONFORMED NAME: HARVARD BREWING CO DATE OF NAME CHANGE: 19710315 8-K 1 CURRENT REPORT 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 August 24, 1999 - -------------------------------------------------------------------------------- Date of Report (Date of earliest event reported) Harvard Industries, Inc. - -------------------------------------------------------------------------------- (Exact name of registrant as specified in its charter) Delaware 0-21362 21-0715310 - -------------------------------------------------------------------------------- (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 3 Werner Way, Lebanon, New Jersey 08833 - -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (908) 437-4100 -------------- Item 5. Other Events. HARVARD INDUSTRIES, INC. PRO FORMA CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS FOR THE YEAR ENDED SEPTEMBER 30, 1998 (IN THOUSANDS OF DOLLARS, EXCEPT SHARE AND PER SHARE DATA) The following table summarizes unaudited pro forma financial information as if our plan of reorganization in bankruptcy had become effective on October 1, 1997. The unaudited pro forma financial information contains adjustments for depreciation expense, interest expense and the amortization of reorganization value in excess of amounts allocable to identifiable assets. The unaudited pro forma financial information does not purport to be indicative of the results which would have been obtained had the plan been effective as of October 1, 1997, or which may be obtained in the future.
PRO FORMA 1998 ADJUSTMENTS AS ADJUSTED -------- ----------- ----------- Sales...................................................................... $690,076 $ 690,076 Costs and expenses Cost of sales............................................................ 656,243 (15,496) 640,747 Selling, general and administrative expenses............................. 66,546 66,546 Amortization of intangible assets........................................ 1,584 61,200 62,784 Impairment of long-lived assets and restructuring costs.................. 10,842 10,842 Interest expense......................................................... 14,231 (2,066) 12,165 Gain on sale of operations............................................... (28,673) (28,673) Other expense............................................................ 3,980 3,980 -------- --------- --------- Total costs and expenses.............................................. 724,753 43,638 768,391 Loss from operations before reorganization items and income taxes.......... (34,677) (43,638) (78,315) Reorganization items....................................................... 14,920 (14,920) 0 Provision for income taxes................................................. 6,207 6,207 -------- --------- --------- Net loss................................................................... $(55,804) $ (28,718) $ (84,522) -------- --------- --------- -------- --------- --------- Basic and diluted earnings per share....................................... $ (10.26) --------- --------- Weighted average number of common and common equivalent shares outstanding.............................................................. 8,240,295 --------- ---------
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. Date: August 23, 1999 HARVARD INDUSTRIES, INC. By: /s/ Roger G. Pollazzi ----------------------------- Name: Roger G. Pollazzi Title: Chairman and Chief Executive Officer -----END PRIVACY-ENHANCED MESSAGE-----