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): August 15, 2005

Kansas City Southern
__________________________________________
(Exact name of registrant as specified in its charter)

Delaware	1-4717	44-0663509
_____________________ (State or other jurisdiction	_____________ (Commission	______________ (I.R.S. Employer
of incorporation)	File Number)	Identification No.)
427 West 12th Street, Kansas City, Missouri		64105
_________________________________ (Address of principal executive offices)		___________ (Zip Code)

Registrant’s telephone number, including area code: 816-983-1303

Not Applicable
______________________________________________
Former name or former address, if changed since last report

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:

[  ]  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.

Kansas City, MO. Kansas City Southern (KCS or the Company) (KSU:NYSE) has completed the filing of its Quarterly Report on Form 10-Q for the second quarter of 2005 with the Securities and Exchange Commission (SEC). As a result of a change in the methodology for calculating statutory employee deferred profit sharing expense for Grupo TFM and TFM employees, the Company has determined that an additional operating expense charge of $3 million is required. For further information, including information regarding the impact to certain information in the Company's earnings release dated August 3, 2005, please see the press release attached hereto as exhibit 99.1.

The information included in this Item 2.02, and Exhibit 99.1 to this Current Report on Form 8-K, shall not be deemed "filed" for the purposes of or otherwise subject to the liabilities under Section 18 of the Securities Exchange Act of 1934 as amended (the "Exchange Act"). Unless expressly incorporated into a filing of KCS under the Securities Act of 1933, or the Exchange Act made after the date hereof, the information contained in this item 2.02 and Exhibit 99.1 hereto shall not be incorporated by reference into any filing of KCS, whether made before or after the date hereof, regardless of any general incorporation language in such filing.

Item 9.01 Financial Statements and Exhibits.

(c) Exhibits

Exhibit No.:(99)
Document: Additional Exhibits

99.1
Press Release dated August 15, 2005 issued by Kansas City Southern entitled "Kansas City Southern Files Second Quarter 2005 Form 10-Q".

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.

	Kansas City Southern
August 16, 2005	By:	James S. Brook
		Name: James S. Brook
		Title: Vice President and Comptroller

Exhibit Index

Exhibit No.	Description
99.1	Press Release dated August 15, 2005 issued by Kansas City Southern entitled "Kansas City Southern Files Second Quarter 2005 Form 10-Q".

EX-99.1

Date:	August 15, 2005
Media Contact:	William H. Galligan William.h.galligan@kcsr.com	816/983-1551

Kansas City Southern Files
Second Quarter 2005 Form 10-Q

Kansas City, MO. Kansas City Southern (KCS or the Company) (KSU: NYSE) has completed the filing of its Quarterly Report on Form 10-Q for the second quarter of 2005 with the Securities and Exchange Commission (SEC). As a result of a change in the methodology for calculating statutory employee deferred profit sharing expense for Grupo TFM and TFM employees, the Company has determined that an additional operating expense charge of $3 million is required.

In comparison to the Company’s earnings release dated August 3, 2005:

- For the quarter ended June 30, 2005, there is no impact on
revenues, operating expenses increased from $386.4 million to
$389.4 million and the Company’s net loss for the quarter
increased from $25.8 million to $27.3 million.

- For the year-to-date ended June 30, 2005, there is no impact on
revenues, operating expenses increased from $559.8 million to
$562.8 million and the Company’s net loss increased from $19.9
million to $21.4 million.

Please refer to the Company’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2005 for our revised financial statements and further discussion of the quarter results.

Headquartered in Kansas City, Mo., KCS is a transportation holding company that has railroad investments in the U.S., Mexico and Panama. Its primary U.S. holdings include The Kansas City Southern Railway Company, founded in 1887, and The Texas Mexican Railway Company, founded in 1885, serving the central and south central U.S. Its international holdings include a controlling interest in TFM, S.A. de C.V., serving northeastern and central Mexico and the port cities of Lázaro Cárdenas, Tampico and Veracruz, and a 50% interest in The Panama Canal Railway Company, providing ocean-to-ocean freight and passenger service along the Panama Canal. KCS’ North American rail holdings and strategic alliances are primary components of a NAFTA Railway system, linking the commercial and industrial centers of the U.S., Canada and Mexico. Visit www.kcsi.com for more information.