-----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, ScCoKW9G1MKF/N22SV1WiohInDfhus/lGAof0DkyfqJ2KZwzgU8lu89/sGtB6YeU VNHN6T4kJ+uU6RRqaD1zLw== 0000794367-97-000026.txt : 19971218 0000794367-97-000026.hdr.sgml : 19971218 ACCESSION NUMBER: 0000794367-97-000026 CONFORMED SUBMISSION TYPE: 10-Q/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19971101 FILED AS OF DATE: 19971217 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: FEDERATED DEPARTMENT STORES INC /DE/ CENTRAL INDEX KEY: 0000794367 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-DEPARTMENT STORES [5311] IRS NUMBER: 133324058 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: 10-Q/A SEC ACT: SEC FILE NUMBER: 001-13536 FILM NUMBER: 97739547 BUSINESS ADDRESS: STREET 1: 7 W SEVENTH ST CITY: CINCINNATI STATE: OH ZIP: 45202 BUSINESS PHONE: 2126954400 MAIL ADDRESS: STREET 1: 7 W SEVENTH ST CITY: CINCINNATI STATE: OH ZIP: 45202 FORMER COMPANY: FORMER CONFORMED NAME: R H MACY & CO INC DATE OF NAME CHANGE: 19950307 10-Q/A 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q/A Amendment No. 1 Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the fiscal quarter ended November 1, 1997. FEDERATED DEPARTMENT STORES, INC. 151 West 34th Street New York, New York 10001 (212) 695-4400 and 7 West Seventh St. Cincinnati, Ohio 45202 (513) 579-7000 Delaware 1-13536 13-3324058 (State of (Commission File No.) (I.R.S. Employer Incorporation) Identification Number) The Registrant has filed all reports required to be filed by Section 12, 13 or 15 (d) of the Act during the preceding 12 months and has been subject to such filing requirements for the past 90 days. 209,811,821 shares of the Registrant's Common Stock, $.01 par value, were outstanding as of November 29, 1997. PART I -- FINANCIAL INFORMATION FEDERATED DEPARTMENT STORES, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (THOUSANDS)
39 Weeks Ended 39 Weeks Ended November 1, 1997 November 2, 1996 Cash flows from operating activities: Net income (loss) $ 156,870 $ (23,338) Adjustments to reconcile net income (loss) to net cash provided by operating activities: Depreciation and amortization of property and equipment 417,474 379,816 Amortization of intangible assets 20,464 20,464 Amortization of financing costs 16,905 20,790 Amortization of unearned restricted stock 896 1,629 Loss on early extinguishment of debt 38,673 - Changes in assets and liabilities: Decrease in accounts receivable 321,733 220,041 Increase in merchandise inventories (1,041,333) (1,076,012) (Increase) decrease in supplies and prepaid expenses (10,007) 6,879 (Increase) decrease in other assets not separately identified (6,995) 20,342 Increase in accounts payable and accrued liabilities not separately identified 467,991 652,942 Increase (decrease) in current income taxes 44,055 (2,861) Decrease in deferred income taxes (16,489) (21,536) (Decrease) increase in other liabilities not separately identified (2,184) 6,179 Net cash provided by operating activities 408,053 205,335 Cash flows from investing activities: Purchase of property and equipment (410,547) (523,540) Disposition of property and equipment 120,113 137,464 Decrease in notes receivable 199,997 - Net cash used by investing activities (90,437) (386,076) Cash flows from financing activities: Debt issued 1,284,049 688,665 Financing costs (6,351) (11,096) Debt repaid (1,445,080) (689,172) Decrease in outstanding checks 87,724 47,842 Acquisition of treasury stock (1,803) (646) Issuance of common stock 46,207 125,226 Net cash (used) provided by financing activities (35,254) 160,819
(Continued) FEDERATED DEPARTMENT STORES, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (THOUSANDS)
39 Weeks Ended 39 Weeks Ended November 1, 1997 November 2, 1996 Net increase (decrease) in cash $ 282,362 $ (19,922) Cash at beginning of period 148,794 172,518 Cash at end of period $ 431,156 $ 152,596 Supplemental cash flow information: Interest paid $ 310,052 $ 337,553 Interest received 28,889 33,875 Income taxes paid (net of refunds received) 96,587 18,604 The accompanying notes are an integral part of these unaudited Consolidated Financial Statements.
FEDERATED DEPARTMENT STORES, INC. 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 thereunder duly authorized. FEDERATED DEPARTMENT STORES, INC. Date December 16, 1997 /s/ Dennis J. Broderick Dennis J. Broderick Senior Vice President, General Counsel and Secretary /s/ Joel A. Belsky Joel A. Belsky Vice President and Controller (Principal Accounting Officer) -----END PRIVACY-ENHANCED MESSAGE-----