-----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, HYXOcHArDoPa5Ou4+K28pu52GRp+CaKhN69QpeHLWV64FdmXkV9cUHXcm5AXn+/7 k2ydx5IQrWz1rT1+G2h0ng== 0000719241-03-000007.txt : 20030331 0000719241-03-000007.hdr.sgml : 20030331 20030331161040 ACCESSION NUMBER: 0000719241-03-000007 CONFORMED SUBMISSION TYPE: NT 10-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20021231 FILED AS OF DATE: 20030331 EFFECTIVENESS DATE: 20030331 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CONSECO INC CENTRAL INDEX KEY: 0000719241 STANDARD INDUSTRIAL CLASSIFICATION: ACCIDENT & HEALTH INSURANCE [6321] IRS NUMBER: 351468632 STATE OF INCORPORATION: IN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NT 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-09250 FILM NUMBER: 03630883 BUSINESS ADDRESS: STREET 1: 11825 N PENNSYLVANIA ST CITY: CARMEL STATE: IN ZIP: 46032 BUSINESS PHONE: 3178176100 MAIL ADDRESS: STREET 1: 11825 N PENNSYLVANIA ST CITY: CARMEL STATE: IN ZIP: 46032 FORMER COMPANY: FORMER CONFORMED NAME: SECURITY NATIONAL OF INDIANA CORP DATE OF NAME CHANGE: 19840207 NT 10-K 1 notice.txt NT 10-K U.S. SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 12b-25 NOTIFICATION OF LATE FILING SEC FILE NUMBER 1-9250 (Check One): [X] Form 10-K and Form 10-KSB [ ] Form 20-F [ ] Form 11-K [ ] Form 10-Q and Form 10-QSB [ ] Form N-SAR For Period Ended: December 31, 2002 [ ] Transition Report on Form 10-K [ ] Transition Report on Form 20-F [ ] Transition Report on Form 11-K [ ] Transition Report on Form 10-Q [ ] Transition Report on Form N-SAR For the Transition Period Ended: ------------------------ - ------------------------------------------------------------------------------ Read Attached Instruction Sheet Before Preparing Form. Please Print or Type. Nothing in this form shall be construed to imply that the Commission has verified any information contained herein. - ------------------------------------------------------------------------------ If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates: - ------------------------------------------------------------------------------ - ------------------------------------------------------------------------------ Part I--Registrant Information Full Name of Registrant Conseco, Inc. Former Name if Applicable ----------------------------------------------------------------------- Address of Principal Executive Office (Street and Number) 11825 N. Pennsylvania Street City, State and Zip Code Carmel, IN 46032 Part II--Rules 12b-25 (b) and (c) If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate) (a) The reasons described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense; [x] (b) The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, 11-K or Form N-SAR, or portion thereof will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q, or portion thereof will be filed on or before the fifth calendar day following the prescribed due date; and (c) The accountant's statement or other exhibit required by Rule 12b-25(c) has been attached if applicable. Part III--Narrative State below in reasonable detail the reasons why Form 10-K and Form 10-KSB, 20-F, 11-K, 10-Q and Form 10-QSB, N-SAR, or the transition report or portion thereof could not be filed within the prescribed period. (Attach Extra Sheets if Needed) See attached Exhibit A. -2- Part IV--Other Information (1) Name and telephone number of person to contact in regard to this notification John R. Kline (317) 817-6144 ---------------------------------------------------- (Name) (Area Code) (Telephone Number) (2) Have all other periodic reports required under section 13 or 15(d) of the Securities Exchange Act of 1934 or section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If the answer is no, identify report(s). [ x ] Yes [ ] No (3) Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof? [ x ] Yes [ ] No If so: attach an explanation of the anticipated change, both narratively and quantitatively, and if appropriate, state the reasons why a reasonable estimate of the results cannot be made. See attached Exhibit B. CONSECO, INC. ------------- (Name of Registrant as specified in charter) has caused this notification to be signed on its behalf by the undersigned thereunto duly authorized. Date: March 31, 2003 By: /s/ Eugene M. Bullis --------------------------------- Eugene M. Bullis Executive Vice President and Chief Financial Officer INSTRUCTION: The form may be signed by an executive officer of the registrant or by any other duly authorized representative. The name and title of the person signing the form shall be typed or printed beneath the signature. If the statement is signed on behalf of the registrant by an authorized representative (other than an executive officer), evidence of the representative's authority to sign on behalf of the registrant shall be filed with the form. CONSECO, INC. Exhibit A to Form 12b-25 Commission File No. 1-9250 Dated March 31, 2003 The Registrant's Annual Report on Form 10-K for the year ended December 31, 2002 cannot be completed within the prescribed time period because the Registrant is experiencing a delay in finalizing the consolidated financial statements and Management's Discussion and Analysis of Financial Condition and Results of Operations to be included in such Form 10-K. The Registrant and several of its subsidiaries, including Conseco Finance Corp., filed voluntary petitions for reorganization under Chapter 11 of Title 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Northern District of Illinois ("Bankruptcy Court") on December 17, 2002. After that date, significant resources of Conseco Finance Corp. have been devoted to the process of selling its business and assets through an auction process which was completed on March 14, 2003, when the Bankruptcy Court approved the terms of the sale. In addition, the Registrant is continuing to review the fourth quarter 2002 operating results of Conseco Finance Corp., including a review of the retained interests in securitization trusts (including interest-only securities). The Registrant expects to record a noncash charge in the fourth quarter of 2002 of approximately $800 million, to further write down the carrying value of those securities. The actual amounts will be determined when the valuation procedures are completed. The Registrant's Annual Report on Form 10-K will be filed as soon as practicable thereafter. CONSECO, INC. Exhibit B to Form 12b-25 Commission File No. 1-9250 Dated March 31, 2003 The Registrant anticipates that its Form 10-K will reflect significant changes in the results of operations for the year ended December 31, 2002. The net loss applicable to common stock for 2001 was $418.7 million. The net loss applicable to common stock for 2002 is expected to be approximately $7.4 billion. The actual loss will be determined when the procedures to value the retained interests in securitization trusts are completed. -----END PRIVACY-ENHANCED MESSAGE-----