-----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, EhZwiSivvJfZ13K8GGpIDYq1E73CIOGLMmCoDl+XXwbf+Had+FsuJm8YgNbMzCGk W7/nVfKVqK3zoDCuQZUdFA== 0000950116-01-500218.txt : 20010517 0000950116-01-500218.hdr.sgml : 20010517 ACCESSION NUMBER: 0000950116-01-500218 CONFORMED SUBMISSION TYPE: NT 10-Q PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20010331 FILED AS OF DATE: 20010516 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GENESIS HEALTH VENTURES INC /PA CENTRAL INDEX KEY: 0000874265 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-SKILLED NURSING CARE FACILITIES [8051] IRS NUMBER: 061132947 STATE OF INCORPORATION: PA FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: NT 10-Q SEC ACT: SEC FILE NUMBER: 001-11666 FILM NUMBER: 1641003 BUSINESS ADDRESS: STREET 1: 101 EAST STATE STREET CITY: KENNETT SQUARE STATE: PA ZIP: 19348 BUSINESS PHONE: 6104446350 MAIL ADDRESS: STREET 1: 101 EAST STATE STREET CITY: KENNETT SQUARE STATE: PA ZIP: 19348 NT 10-Q 1 p311601.txt P311601.TXT UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 12b-25 SEC FILE NUMBER CUSIP NUMBER NOTIFICATION OF LATE FILING (Check One): [ ] Form 10K [ ] Form 20-F [ ] Form 11-K [X] Form 10-Q [ ] Form N-SAR For Period Ended March 31, 2001 --------------- [ ] Transition Report on Form 10-K [ ] Transition Report on Form 20-K [ ] Transition Report on Form 11-K [ ] Transition Report on Form 10-Q [ ] Transition Report on Form N-SAR For the Transition Period Ended: ----------------------------------------------- - -------------------------------------------------------------------------------- Read Instruction ( on back page) Before Preparing Form. Please Print or Type. Nothing in this form shall be construed to imply that the commission has verified any information contained herein - -------------------------------------------------------------------------------- If the information relates to a portion of the filing checked above, identify the Item(s) to which the notification relates: - -------------------------------------------------------------------------------- PART 1: REGISTRANT INFORMATION Genesis Health Ventures, Inc. - -------------------------------------------------------------------------------- Full Name of Registrant Not Applicable - -------------------------------------------------------------------------------- Former Name If Applicable 101 East State Street - -------------------------------------------------------------------------------- Address of Principal Executive Office ( Street and Number) Kennett Square, Pennsylvania 19348-3021 - -------------------------------------------------------------------------------- City, State, and Zip Code PART II- Rules 12b- 25(b) AND (c) If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate) [x] (a) The reasons described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense: [x] (b) The subject annual report, semi annual report, transition report Form 10-K , Form 20-F, 11-K or Form N-SAR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report of transition report on Form 10-Q or portion thereof will be filed on or before the fifth calendar day following the prescribed due date ; and [ ] (c ) the accountant's statement or other exhibit required by rule 12b-25(c) has been attached if applicable. Part III - Narrative State below in reasonable detail the reasons why Forms 10-K, 20-F, 11-K, 10-Q, N-SAR or the transition report or portion thereof , could not be filed within the prescribed time period. THE FORM 10-Q FOR THE QUARTER ENDED MARCH 31, 2001 COULD NOT BE FILED WITHIN THE PRESCRIBED PERIOD BECAUSE THE COMPANY WAS UNABLE TO COMPLETE CERTAIN INFORMATION KEY TO FILING A TIMELY AND ACCURATE REPORT ON THE FINANCIAL CONDITION OF THE COMPANY. SUCH INABILITY COULD NOT HAVE BEEN ELIMINATED BY THE COMPANY WITHOUT UNREASONABLE EFFORT OR EXPENSE. Part IV-Other Information (1) Name and Telephone number of person to contact in regard to this notification GEORGE V. HAGER JR. (610) 444-6350 - -------------------------------------------------------------------------------- (Name ) (Area Code) (Telephone Number) (2) Have all other periodic reports required under section 13 or 15 (d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months for such period that the registrant was required to file such report(s) been filed? I answer is no identify report (s) [ x ] Yes [ ] No (3) Is it anticipated that any significant change in the results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof? [ x ] Yes [ ] No If so attach an explanation of the anticipated change, both narratively and quantitatively, and , if appropriate, state the reasons why a reasonable estimate of the results cannot be made. The Company's filings under Chapter 11 of the United States Bankruptcy Code have resulted in approximately $16 million of additional debt restructuring and reorganization costs in the six months ended March 31, 2001 as compared to the same period in the prior year. In addition, the Company has reduced interest expense approximately $44 million, principally due to the fact that certain unsecured and under secured loans are not accruing interest as a result of the Company's Chapter 11 filings. This reduction is offset by growth in interest expense of approximately $7 million due to additional borrowings and higher rates of interest on certain loans for which the Company is accruing interest. - -------------------------------------------------------------------------------- Genesis Health Ventures, Inc. - -------------------------------------------------------------------------------- Name of (Registrant as Specified in Charter) has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized Date MAY 16, 2001 By /S/ GEORGE V. HAGER, JR. -------------------- ------------------------------------- Executive Vice President and Chief Financial Officer INSTRUCTION : The form may be signed by an executive officer of the registrant or by any other dully authorized representative. The name and title of the person signing the form shall be typed or printed beneath the signature. If the statement is signed on behalf of the registrant by an authorized representative ( other than the executive officer), evidence of the representative's authority to sign on behalf of the registrant shall be filed with the form. ATTENTION - -------------------------------------------- --------------------------- - -------------------------------------------------------------------------------- Intentional misstatements or omissions of fact constitute Federal Criminal Violations (See 18 U.S.C. _1001) - -------------------------------------------------------------------------------- -----END PRIVACY-ENHANCED MESSAGE-----