8-K 1 k8062502olm.txt 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) June 9, 2002 Commission file numbers: 333-19327 and 333-19327-01 OLYMPUS COMMUNICATIONS, L.P. OLYMPUS CAPITAL CORPORATION (Exact name of registrants as specified in their charter) Delaware 25-1622615 Delaware 23-2868925 (State or other jurisdiction of (IRS Employer Identification incorporation or organization) Numbers) One North Main Street - Coudersport, PA 16915-1141 (Address of principal executive offices) (Zip Code) Registrants' telephone number, including area code (814) 274-9830 Item 4. Changes in Registrants' Certifying Accountant. Olympus Communications, L.P. ("Olympus Communications") is a limited partnership between ACC Operations, Inc. and ACC Holdings II, LLC, wholly-owned subsidiaries of Adelphia Communications Corporation ("Adelphia"). Olympus Capital Corporation ("Olympus Capital") is a wholly-owned subsidiary of Olympus Communications. As used herein, the terms "Registrants" collectively refers to Olympus Communications and Olympus Capital. On June 9, 2002, Adelphia dismissed Deloitte & Touche LLP ("Deloitte"), its former independent accountants. On June 10, 2002, Deloitte confirmed in writing to Adelphia that the client-auditor relationship between Deloitte and Adelphia, the Registrants and certain other subsidiaries of Adelphia had ceased. On June 13, 2002, Adelphia retained PricewaterhouseCoopers LLP ("PwC") as its independent accountants. Under this engagement PwC will serve as independent accountants of the Registrants and certain other subsidiaries of Adelphia. The Board of Directors of Adelphia and the Audit Committee of the Board of Directors approved the decision to change independent accountants. On June 14, 2002, Deloitte notified Adelphia that it was withdrawing its reports on the financial statements of Adelphia, the Registrants and certain other subsidiaries and affiliates of Adelphia . The Registrants have not yet completed their financial statements or filed their Annual Report on Form 10-K for the year ended December 31, 2001, nor have the Registrants filed their Quarterly Report on Form 10-Q for the quarter ended March 31, 2002. As of the date on which Deloitte was dismissed as the Registrants' independent public accountants, Deloitte had not completed its audit nor had it issued its report with respect to the Registrants' financial statements for the year ended December 31, 2001. The report of Deloitte on the financial statements of the Registrants for the year ended December 31, 2000 contained no adverse opinion or disclaimer of opinion and was not qualified or modified as to uncertainty, audit scope or accounting principles. During the years ended December 31, 2000 and December 31, 2001, and through the date of this Form 8-K, there were no disagreements with Deloitte on any matter of accounting principles or practices, financial statement disclosure or audit scope or procedure that, if not resolved to the satisfaction of Deloitte, would have caused it to make reference to the subject matter of such disagreement in its reports on the financial statements. On May 14, 2002, Deloitte suspended its audit of the financial statements of Adelphia and the Registrants for the year ended December 31, 2001. Other than to the extent discussed in Adelphia's Current Report on Form 8-K filed with the Commission on June 14, 2002 (the "Adelphia 8-K"), which is incorporated herein by reference, there were no reportable events within the meaning of Item 304(a)(1)(v) of Regulation S-K for the years ended December 31, 2001 and December 31, 2000 and through the date of this Form 8-K. The matters disclosed as a reportable event in the Adelphia 8-K constitute a reportable event with respect to the Registrants. The Registrants have provided Deloitte with a copy of the disclosures made in this Form 8-K and has requested that Deloitte furnish the Registrants with a letter addressed to the Commission stating whether or not Deloitte agrees with the above statements, and if not, stating the respects in which it does not agree. A copy of such letter will be filed with the Commission by the Registrants by amendment to this Form 8-K. Item 7. Financial Statements and Exhibits. (a) Financial Statements Not applicable. (b) Pro forma Financial Statements Not applicable. (c) Exhibits 99.01 Current Report on Form 8-K and Exhibit 99.01 thereto, filed by Adelphia Communications Corporation with the Commission on June 14, 2002 (previously filed and incorporated herein by reference). 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 thereunto duly authorized. Date: June 24, 2002 OLYMPUS COMMUNICATIONS, L.P. By: ACC OPERATIONS, INC. Its Managing General Partner By: /s/ ERLAND E. KAILBOURNE ------------------------ Erland E. Kailbourne Acting Chief Executive Officer and Chairman OLYMPUS CAPITAL CORPORATION By: /s/ ERLAND E. KAILBOURNE ------------------------ Erland E. Kailbourne Acting Chief Executive Officer and Chairman EXHIBIT INDEX Exhibit No. Description 99.01 Current Report on Form 8-K and Exhibit 99.01 thereto, filed by Adelphia Communications Corporation with the Commission on June 14, 2002 (previously filed and incorporated herein by reference).