-----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, R68F3bzsLK/cbovLeZ3YPUByRcRUzQoF9TOBuTyJg/1aONbjBEJmerbXHHuHKum5 SQdH120s1lMHe8H37BztWA== 0000950116-03-003050.txt : 20030625 0000950116-03-003050.hdr.sgml : 20030625 20030625162926 ACCESSION NUMBER: 0000950116-03-003050 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030619 ITEM INFORMATION: Changes in registrant's certifying accountant ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20030625 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BRANDYWINE REALTY TRUST CENTRAL INDEX KEY: 0000790816 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 232413352 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-09106 FILM NUMBER: 03756889 BUSINESS ADDRESS: STREET 1: 14 CAMPUS BLVD STREET 2: STE 100 CITY: NEWTOWN SQUARE STATE: PA ZIP: 19073 BUSINESS PHONE: 6103255600 MAIL ADDRESS: STREET 1: TWO GREENTREE CENTRE STREET 2: SUITE 100 CITY: MARLTON STATE: NJ ZIP: 08053 FORMER COMPANY: FORMER CONFORMED NAME: LINPRO SPECIFIED PROPERTIES DATE OF NAME CHANGE: 19920703 8-K 1 eight-k.txt FORM 8-K 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): June 19, 2003 BRANDYWINE REALTY TRUST --------------------------------------------- (Exact name of issuer as specified in charter) MARYLAND 1-9106 23-2413352 (State or Other Jurisdiction (Commission (I.R.S. Employer of Incorporation or file Identification Organization) number) Number) 401 Plymouth Road, Suite 500 Plymouth Meeting, Pennsylvania 19462 (Address of principal executive offices) (610) 325-5600 (Registrant's telephone number, including area code) ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT On June 19, 2003, Brandywine Realty Trust (the "Company") informed its independent accountants, KPMG LLP ("KPMG"), that they would be dismissed effective as of June 19, 2003. The audit report of KPMG on the Company's consolidated financial statements for the years ended December 31, 2002 and December 31, 2001, did not contain an adverse opinion or a disclaimer of opinion and was not qualified or modified as to uncertainty, audit scope or accounting principles, except that effective January 1, 2002, the Company adopted Statement of Financial Accounting Standards No. 144, Accounting for the Impairment or Disposal of Long-Lived Assets. During its audit for the fiscal years ended December 31, 2002 and December 31, 2001, and for the subsequent interim period through the date of this Form 8-K, (i) there were no disagreements with KPMG on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure, which disagreements, if not resolved to KPMG's satisfaction, would have caused KPMG to make reference to the subject matter of such disagreements in their reports, and (ii) there have been no reportable events as defined in Item 304(a)(1)(v) of Regulation S-K. The Company's Audit Committee authorized the dismissal of KPMG and appointment of PricewaterhouseCoopers LLP ("PWC"). The Company retained PWC as its independent accountants effective June 19, 2003. During the Company's two most recent fiscal years, and for the subsequent interim period through the date of this Form 8-K, neither the Company nor anyone acting on behalf of the Company engaged PWC regarding any of the items described in Item 304(a)(2) of Regulation S-K. Pursuant to Item 304(a)(3) of Regulation S-K, the Company has requested KPMG to furnish it a letter addressed to the Securities and Exchange Commission stating whether it agrees with the above statements. A copy of that letter is filed as an Exhibit to this Form 8-K. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS Exhibit 16.1 Letter from KPMG LLP to the Securities and Exchange Commission dated June 25, 2003 Signatures Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. BRANDYWINE REALTY TRUST Date: June 25, 2003 By: Gerard H. Sweeney ------------------------------ Gerard H. Sweeney President and Chief Executive Officer EXHIBIT INDEX Exhibit No. Description - ------- ----------- 16.1 Letter from KPMG to the Securities and Exchange Commission dated June 25, 2003 EX-16.1 3 ex16-1.txt EXHIBIT 16.1 Exhibit 16.1 June 25, 2003 Securities and Exchange Commission Washington, DC 20549 Ladies and Gentlemen: We were previously principal accountants for Brandywine Realty Trust and, under the date of February 26, 2003, we reported on the consolidated financial statements of Brandywine Realty Trust as of and for the years ended December 31, 2002 and 2001. On June 19, 2003, we were notified that our appointment as principal accountants was terminated. We have read Brandywine Realty Trust's statements included under Item 4 of its Form 8-K dated June 25, 2003, and we agree with such statements, except that we are not in a position to agree or disagree with Brandywine Realty Trust's statements that (i) the dismissal of KPMG LLP and the appointment of PricewaterhouseCoopers LLP was authorized by the Audit Committee of the Board of Trustees; and, (ii) that PricewaterhouseCoopers LLP was not engaged regarding the application of accounting principles to a specified transaction or the type of audit opinion that might be rendered on Brandywine Realty Trust's consolidated financial statements. Very truly yours, KPMG LLP - ----------------- KPMG LLP cc: Mr. Christopher P. Marr Sr. VP and Chief Financial Officer Brandywine Realty Trust -----END PRIVACY-ENHANCED MESSAGE-----