-----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, NNtgrBiZNFYp6ur+zfMpn7Or7Pj0yfwTI/NI7WueWbi7mJd2FDJJS3N8vY0Gt+Lr /xJiM3VlYEZQStfk9Nu6QQ== 0000005103-00-000024.txt : 20000519 0000005103-00-000024.hdr.sgml : 20000519 ACCESSION NUMBER: 0000005103-00-000024 CONFORMED SUBMISSION TYPE: 10-Q/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20000331 FILED AS OF DATE: 20000518 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMERICAN GENERAL CORP /TX/ CENTRAL INDEX KEY: 0000005103 STANDARD INDUSTRIAL CLASSIFICATION: LIFE INSURANCE [6311] IRS NUMBER: 740483432 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q/A SEC ACT: SEC FILE NUMBER: 001-07981 FILM NUMBER: 639670 BUSINESS ADDRESS: STREET 1: 2929 ALLEN PKWY CITY: HOUSTON STATE: TX ZIP: 77019 BUSINESS PHONE: 7135221111 10-Q/A 1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q/A AMENDMENT NO. 1 (Mark One) [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2000 OR [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________________ to _____________________ Commission file number 1-7981 American General Corporation (Exact name of registrant as specified in its articles of incorporation) Texas 74-0483432 (State of Incorporation) (I.R.S. Employer Identification No.) 2929 Allen Parkway, Houston, Texas 77019-2155 (Address of principal executive offices) (Zip Code) (713) 522-1111 (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 . As of April 30, 2000, there were 248,393,147 shares (excluding shares held in treasury and by a subsidiary) of American General's Common Stock outstanding. American General Corporation hereby amends and restates Exhibit 12 included in its Form 10-Q for the quarter ended March 31, 2000, so that Exhibit 12 included in this Form 10-Q/A replaces the previously filed Exhibit 12 in its entirety. The original Form 10-Q filing inadvertently included Exhibit 12 for the quarters ended March 31, 1999 and 1998, instead of Exhibit 12 for the quarters ended March 31, 2000 and 1999. Exhibit 12 AMERICAN GENERAL CORPORATION Computation of Ratio of Earnings to Fixed Charges and Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends (Unaudited) ($ in millions) Three Months Ended March 31, 2000 1999 Consolidated operations: Income before income tax expense and net dividends on preferred securities of subsidiaries .......... $ 478 $ 477 Fixed charges deducted from income Interest expense ................................. 217 182 Implicit interest in rents ....................... 6 5 Total fixed charges deducted from income ....... 223 187 Earnings available for fixed charges.......... $ 701 $ 664 Fixed charges per above ............................ $ 223 $ 187 Dividends on preferred stock and securities ........ 41 37 Combined fixed charges and preferred stock dividends ................................ $ 264 $ 224 Ratio of earnings to fixed charges .......... 3.14 3.54 Ratio of earnings to combined fixed charges and preferred stock dividends ........... 2.66 2.96 Consolidated operations, corporate fixed charges and preferred stock dividends only: Income before income tax expense and net dividends on preferred securities of subsidiaries ........ $ 478 $ 477 Corporate fixed charges deducted from income - corporate interest expense ..................... 61 53 Earnings available for fixed charges ......... $ 539 $ 530 Corporate fixed charges per above ................ $ 61 $ 53 Dividends on preferred stock and securities ...... 41 37 Combined corporate fixed charges and preferred stock dividends .................... $ 102 $ 90 Ratio of earnings to corporate fixed charges ................................. 8.80 9.95 Ratio of earnings to combined corporate fixed charges and preferred stock dividends ......................... 5.29 5.90 Exhibit 12 (continued) AMERICAN GENERAL CORPORATION Computation of Ratio of Earnings to Fixed Charges and Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends (Unaudited) ($ in millions) Three Months Ended March 31, 2000 1999 American General Finance, Inc.: Income before income tax expense ................ $ 94 $ 80 Fixed charges deducted from income Interest expense .............................. 163 138 Implicit interest in rents .................... 4 4 Total fixed charges deducted from income..... 167 142 Earnings available for fixed charges ...... $ 261 $ 222 Ratio of earnings to fixed charges .... 1.56 1.56 SIGNATURE 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, thereunto duly authorized, on May 18, 2000. AMERICAN GENERAL CORPORATION (Registrant) By: NICHOLAS R. RASMUSSEN Nicholas R. Rasmussen Executive Vice President, Chief Financial Officer and Treasurer (Duly Authorized Officer and Principal Financial Officer) -----END PRIVACY-ENHANCED MESSAGE-----