-----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, J2RiOd17+JyrWC+3cSWM9BmJKM8muNQ9FJcv5wwejiZrxSykuo8ln6DBaJuu2l6a HWMMCoGRPhFYmb8GAY+mDA== 0000063416-05-000058.txt : 20050509 0000063416-05-000058.hdr.sgml : 20050509 20050509164608 ACCESSION NUMBER: 0000063416-05-000058 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20050509 ITEM INFORMATION: Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review FILED AS OF DATE: 20050509 DATE AS OF CHANGE: 20050509 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MAY DEPARTMENT STORES CO CENTRAL INDEX KEY: 0000063416 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-DEPARTMENT STORES [5311] IRS NUMBER: 431104396 STATE OF INCORPORATION: DE FISCAL YEAR END: 0201 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-00079 FILM NUMBER: 05812361 BUSINESS ADDRESS: STREET 1: 611 OLIVE ST CITY: ST LOUIS STATE: MO ZIP: 63101 BUSINESS PHONE: 3143426300 8-K 1 eightk.txt FORM 8K, DATED MAY 9, 2005 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 - May 9, 2005 Date of Earliest Event Reported - May 3, 2005 THE MAY DEPARTMENT STORES COMPANY (Exact name of Registrant as specified in its charter) Delaware I-79 43-1104396 (State or other (Commission (IRS Employer jurisdiction of File Number) Identification No.) incorporation) 611 Olive Street, St. Louis, Missouri 63101 (Address of principal executive offices) (Zip code) Registrant's telephone number, including area code: (314) 342-6300 Item 4.02 Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review. (a) On May 3, 2005, the company discovered a misclassification of the components of property and equipment on the January 29, 2005, consolidated balance sheet. As a result, the financial statements for the year ended January 29, 2005 included in the company's annual report on Form 10-K should no longer be relied upon. The company intends to issue restated financial statements to correct the classifications of the property and equipment components in its consolidated balance sheet in an amended form 10-K as soon as practicable. There will be no change to the total amount reported for property and equipment and no change to depreciation expense, net earnings, or earnings per share reported. The following is a summary of the changes that will be made to the January 29, 2005, consolidated balance sheet: As Previously (in millions) Reported Adjustments As Restated Property and equipment: Land $ 382 $ 249 $ 631 Buildings and improvements 4,721 597 5,318 Furniture, fixtures, equipment, and other 5,006 (846) 4,160 Property under capital leases 69 - 69 Total property and equipment $ 10,178 - $ 10,178 The company's management and audit committee discussed the matters disclosed in this current report on 8-K with the company's independent registered public accounting firm. 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 hereunto duly authorized. THE MAY DEPARTMENT STORES COMPANY Dated: May 9, 2005 By: /s/ Thomas D. Fingleton Thomas D. Fingleton Executive Vice President and Chief Financial Officer -----END PRIVACY-ENHANCED MESSAGE-----