-----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, BEfqF8GBbKVFgmjAEs8lXz/xoIITpntdWyzWXAd2WjLcGBtPUVILkp4SGZaDehgU yr5MumVSY825solve+YAeQ== 0000893877-99-000588.txt : 19990903 0000893877-99-000588.hdr.sgml : 19990903 ACCESSION NUMBER: 0000893877-99-000588 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19990826 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19990902 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TRM CORP CENTRAL INDEX KEY: 0000749254 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PERSONAL SERVICES [7200] IRS NUMBER: 930809419 STATE OF INCORPORATION: OR FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-19657 FILM NUMBER: 99705519 BUSINESS ADDRESS: STREET 1: 5208 N E 122ND AVENUE CITY: PORTLAND STATE: OR ZIP: 97230-1074 BUSINESS PHONE: 5032578766 FORMER COMPANY: FORMER CONFORMED NAME: TRM COPY CENTERS CORP DATE OF NAME CHANGE: 19940411 8-K 1 CURRENT REPORT 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 26, 1999 --------------- TRM CORPORATION Oregon 0-19657 93-0809419 - -------------------------------------------------------------------------------- (State or other jurisdiction of (Commission (IRS Employer incorporation or organization) File No.) Identification No.) 5208 N.E. 122nd Avenue, Portland, OR 97230 - -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) (503) 257-8766 - -------------------------------------------------------------------------------- (Registrant's telephone number, including area code) No Change - -------------------------------------------------------------------------------- (Former name or former address, if changed since last report) Item 4. Changes in Registrant's Certifying Accountants - ------------------------------------------------------ (a) Previous Independent Accountants (i) On August 26, 1999, TRM Corporation ("TRM") dismissed its previous certifying accountant, KPMG LLP ("KPMG"). (ii) The audit reports of KPMG on the consolidated financial statements of TRM and subsidiaries as of December 31, 1998 and June 30, 1998 and 1997, and for the six months ended December 31, 1998 and for each of the years in the two-year period ended June 30, 1998, did not contain any adverse opinion or disclaimer of opinion, nor were they qualified or modified as to uncertainty, audit scope, or accounting principles. (iii) The decision to change accountants was approved by the Audit Committee of TRM's Board of Directors. (iv) In connection with the audits of the six-month period ending December 31, 1998 and the two fiscal years ending June 30, 1998, and the subsequent interim period through August 26, 1999, there were no disagreements with KPMG on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedures, which disagreements if not resolved to their satisfaction would have caused them to make reference in connection with their opinion to the subject matter of the disagreement. (v) TRM requested that KPMG furnish it with a letter addressed to the Securities and Exchange Commission stating whether or not it agrees with the statements above and, if not, stating the respects in which it does not agree. A copy of such letter is attached hereto as Exhibit 16 and is incorporated herein by reference. (b) New Independent Accountants TRM engaged PricewaterhouseCoopers LLP ("PWC") as its new certifying accountant as of August 27, 1999. During the two most recent fiscal years and through the date hereof, TRM has not consulted with PWC regarding any matters specified in Items 304(a)(2)(i) or (ii) of Regulation S-K under the Securities Exchange Act of 1934. Page 2 of 4 Item 7. Financial Statements and Exhibits - ----------------------------------------- (c) Exhibits 16. Letter from KPMG LLP re change in certifying accountant. Page 3 of 4 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. Dated: September 1, 1999 TRM CORPORATION By SHAMI PATEL -------------------------------------- Shami Patel Vice President, Finance and Chief Financial Officer Page 4 of 4 EXHIBIT INDEX Sequential Exhibit No. Description Page No. - ----------- ----------- ---------- 16 Letter from KPMG LLP re change in certifying accountant. EX-16 2 LETTER FROM KPMG LLP September 2, 1999 Securities and Exchange Commission Washington, D.C. 20549 Ladies and Gentlemen: We were previously principal accountants for TRM Corporation (formerly TRM Copy Centers Corporation) and, under the date of February 19, 1999, we reported on the consolidated financial statements of TRM Corporation (formerly TRM Copy Centers Corporation) and subsidiaries as of December 31, 1998 and June 30, 1998 and 1997, and for the six months ended December 31, 1998 and for each of the years in the two-year period ended June 30, 1998. On August 26, 1999, our appointment as principal accountants was terminated. We have read TRM Corporation's statements included under Item 4 of its Form 8-K dated September 2, 1999, and we agree with such statements, except that we are not in a position to agree or disagree with TRM Corporation's statement that the change was approved by the audit committee of the board of directors. Further, we are not in a position to agree or disagree with TRM Corporation's statement that PricewaterhouseCoopers LLP was not engaged regarding the application of accounting principles to a specified transaction or type of audit opinion that might be rendered on TRM Corporation's financial statements. Very truly yours, KPMG LLP -----END PRIVACY-ENHANCED MESSAGE-----