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): April 3, 2006

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 8.01 Other Events.

Kansas City Southern ("KCS" or the "Company") is furnishing under Item 8.01 of this Current Report on Form 8-K the information included as Exhibit 99.1 to this report. Exhibit 99.1 is the KCS press release dated April 3, 2006, announcing a delay in the filing of the Company's Annual Report on Form 10-K.

Item 9.01 Financial Statements and Exhibits.

(d)

Press Release issued by Kansas City Southern, dated April 3, 2006, entitled "KCS Announces Delay in Filing of Form 10-K" is attached hereto as Exhibit 99.1.

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
April 4, 2006	By:	/s/ James S. Brook
		Name: James S. Brook
		Title: Vice President and Comptroller (Principal Accounting Officer)

Exhibit Index

Exhibit No.	Description
99.1	Press Release issued by Kansas City Southern, dated April 3, 2006, entitled "KCS Announces Delay in Filing of Form 10-K" is attached hereto as Exhibit 99.1.

EX-99.1

Media Contact: William H. Galligan, 816-983-1551, william.h.galligan@kcsr.com

KCS Announces Delay in Filing of Form 10-K

Kansas City, MO, April 3, 2006 – Kansas City Southern (“KCS” or the “Company”) (NYSE: KSU) announced today that it was unable to file its Form 10-K for the year ended December 31, 2005, on March 31, 2006. The Company previously announced in a press release dated March 17, 2006, that it had filed a notification of late filing on Form 12b-25 with the Securities and Exchange Commission to extend the initial filing deadline for its Form 10-K to March 31.

The Company was unable to complete and timely file its Form 10-K for the following reasons:

• the Company’s inability to complete the integration of financial information from its wholly-owned subsidiary, Kansas City Southern de México, S.A. de C.V. (“KCSM”), into the Company’s consolidated financial statements;

• the Company’s inability to complete its final internal reconciliation of its consolidated financial statements;

• the Company’s inability to timely provide the information required for its independent registered public accounting firm, KPMG LLP (“KPMG”), to complete its audit of the Company’s consolidated financial statements; and

• KCSM’s inability to timely obtain a consent from its prior independent public accounting firm necessary to allow KPMG to issue its audit opinion for the Company’s consolidated financial statements.

The Company is currently unable to estimate the anticipated filing date for its Form 10-K. The Company is working diligently to complete the necessary review processes and intends to file the Form 10-K as soon as possible.

The Company also announced that its subsidiaries, Grupo Transportación Ferroviaria Mexicana, S.A. de C.V. and KCSM, each filed a notification of late filing on Form 12b-25 with the Securities and Exchange Commission today, extending the deadline to file their respective annual reports on Form 10-K for up to fifteen days. The companies each require additional time to complete the preparation of their audited financial statements and Form 10-K and expect to make the filings within the 15 day extension period.

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. holding includes KCSR, serving the central and south central U.S. Its international holdings include Kansas City Southern de Mexico, serving northeastern and central Mexico and the port cities of Lázaro Cárdenas, Tampico and Veracruz, and a 50 percent interest in 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.