0000912057-95-007831.txt : 19950918 0000912057-95-007831.hdr.sgml : 19950918 ACCESSION NUMBER: 0000912057-95-007831 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19950911 ITEM INFORMATION: Changes in registrant's certifying accountant ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 19950915 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: OGLETHORPE POWER CORP CENTRAL INDEX KEY: 0000788816 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 581211925 STATE OF INCORPORATION: GA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 033-07591 FILM NUMBER: 95574067 BUSINESS ADDRESS: STREET 1: 2100 EAST EXCHANGE PL STREET 2: P O BOX 1349 CITY: TUCKER STATE: GA ZIP: 30085-1349 BUSINESS PHONE: 4042707600 8-K 1 FORM 8-K ============================================================================== 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) SEPTEMBER 11, 1995 OGLETHORPE POWER CORPORATION (AN ELECTRIC MEMBERSHIP GENERATION & TRANSMISSION CORPORATION) (Exact name of Registrant as specified in its charter) GEORGIA 33-7591 58-1211925 (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File No.) Identification No.) POST OFFICE BOX 1349, 2100 EAST EXCHANGE PLACE TUCKER, GEORGIA 30085-1349 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (770) 270-7600 EXHIBIT INDEX LOCATED ON PAGE 6 ============================================================================== OGLETHORPE POWER CORPORATION INDEX TO FORM 8-K Page No. -------- Item 4. Changes in Registrant's Certifying Accountant 3 Item 7. Financial Statements, Pro Forma Financial Information and Exhibits 4 SIGNATURES 5 EXHIBIT INDEX 6 2 Item 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT (a) Previous Independent Accountants (i) On September 11, 1995, Oglethorpe Power Corporation ("Oglethorpe") dismissed Arthur Andersen LLP as its independent accountants. (ii) The reports of Arthur Andersen LLP on the financial statements for the past two fiscal years contained no adverse opinion or disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope or accounting principles. (iii) The Registrant's Finance Committee and Board of Directors participated in and approved the decision to change independent accountants. (iv) In connection with its audits for the two most recent fiscal years and through September 11, 1995, there have been no disagreements with Arthur Andersen LLP on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of Arthur Andersen LLP, would have caused them to make reference thereto in their report on the financial statements for such years. (v) During the two most recent fiscal years and through September 11, 1995, there have been no reportable events (as defined in Regulation S-K Item 304(a)(1)(v)). (vi) The Registrant has requested that Arthur Andersen LLP furnish it with a letter addressed to the SEC stating whether or not it agrees with the above statements. A copy of such letter, dated September 11, 1995, is filed as Exhibit 16 to this Form 8-K. (b) New Independent Accountants (i) The Registrant engaged Coopers & Lybrand L.L.P. as its new independent accountants as of September 11, 1995. During the two most recent fiscal years and through September 11, 1995, the Registrant has not consulted with Coopers & Lybrand L.L.P. regarding (1) the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on Registrant's financial statements or (2) the subject matter of a disagreement or a reportable event with the former auditor (as described in Regulation S-K Item 304(a)(1)(v)). 3 Item 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS (a) Financial Statements of Businesses Acquired. Not applicable. (b) Pro Forma Financial Information. Not applicable. (c) Exhibits. 16 Letter from Arthur Andersen LLP regarding Item 4(a)(vi). 4 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. OGLETHORPE POWER CORPORATION (An Electric Membership Generation & Transmission Corporation) Registrant Date: September 14, 1995 By: /s/ T. D. Kilgore ------------------------------------------ T. D. Kilgore President and Chief Executive Officer (Principal Executive Officer) 5 EXHIBIT INDEX EXHIBIT NO. DESCRIPTION OF EXHIBIT PAGE NO. ----------- ---------------------- -------- 16 Letter from Arthur Andersen LLP regarding Item 4(a)(vi) 7 6 EX-16 2 EXHIBIT 16 ARTHUR ANDERSEN ARTHUR ANDERSEN & CO, SC _______________________ September 11, 1995 ARTHUR ANDERSEN LLP _______________________ Office of the Chief Accountant Suite 2500 SECPS Letter File 133 Peachtree Street NE Securities and Exchange Commission Atlanta GA 30303-1846 Mail Stop 9-5 404 658 1776 450 Fifth Street, N.W. Washington, D.C. 20549 Dear Sirs: We have read item 4 included in the attached Form 8-K dated September 11, 1995 of Oglethorpe Power Corporation to be filed with the Securities and Exchange Commission and are in agreement with the statements contained in paragraph 4(a) therein. Very truly yours, /s/ Arthur Andersen LLP ----------------------- ARTHUR ANDERSEN LLP 7