-----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, UrbuA1+o+GErEmPvB2G/nJyOonBrO0QJnUkdL0O6KSOgJrwcgCsNuCrwecDxSELY bD8uJt/StquI3WPz7SEC/Q== 0001275287-05-003542.txt : 20050914 0001275287-05-003542.hdr.sgml : 20050914 20050914110102 ACCESSION NUMBER: 0001275287-05-003542 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20050914 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050914 DATE AS OF CHANGE: 20050914 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SERVICE CORPORATION INTERNATIONAL CENTRAL INDEX KEY: 0000089089 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PERSONAL SERVICES [7200] IRS NUMBER: 741488375 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-06402 FILM NUMBER: 051083684 BUSINESS ADDRESS: STREET 1: 1929 ALLEN PKWY STREET 2: P O BOX 130548 CITY: HOUSTON STATE: TX ZIP: 77019 BUSINESS PHONE: 7135225141 MAIL ADDRESS: STREET 1: P O BOX 130548 CITY: HOUSTON STATE: TX ZIP: 77219-0548 8-K 1 sc3585.htm 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):  September 14, 2005 (September 12, 2005)

Service Corporation International


(Exact name of registrant as specified in its charter)


Texas

 

1-6402-1

 

74-1488375


 


 


(State or other jurisdiction
 of incorporation)

 

(Commission
 File Number)

 

(I.R.S. Employer
 Identification No.)

 

 

 

 

 

1929 Allen Parkway  Houston, Texas

 

77019


 


(Address of principal executive offices)

 

(Zip Code)

 

 

 

Registrant’s telephone number, including area code (713) 522-5141

 

 


(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

 

o

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

 

o

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

 

o

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13a-4(c))

 

 



Item 8.01.      Other Events and Regulation FD Disclosure.

On September 12, 2005, the Company issued a press release announcing the sale of its cemetery operations in South America.  The press release is furnished as Exhibit 99.1 hereto.

Item 9.01      Financial Statements, Pro forma Financial Information and Exhibits

(c)

Exhibit

 

 

 

 

 

99.1

Press Release dated September 12, 2005 announcing the sale of its cemetery operations in South America




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.

Dated: September 14, 2005

SERVICE CORPORATION INTERNATIONAL

 

 

 

 

By:

 

 

 


 

Name:

Eric D. Tanzberger

 

Title:

Vice President and Corporate Controller



EX-99.1 2 sc3585ex991.htm EXHIBIT 99.1

Exhibit 99.1

Service Corporation International Announces Sale of Cemetery Operations in South America

HOUSTON, Sept. 12 -- Service Corporation
International (NYSE: SCI), which owns and operates funeral service locations and cemeteries, today announced the completion of the sale of its cemetery operations in Chile for $110 million. The Company received net cash proceeds of $94.7 million as a result of the sale and expects to receive an additional $15.3 million of cash proceeds in 2006. The Company does not expect to recognize a material gain or loss as a result of this transaction as the asset values were previously adjusted to fair market value of these operations.

As of today, the Company has cash on hand of approximately $450 million and current maturities of debt of approximately $100 million.

Cautionary Statement on Forward-Looking Statements

The statements in this press release that are not historical facts are forward-looking statements. These forward-looking statements have been made in reliance on the “safe harbor” protections provided under the Private Securities Litigation Reform Act of 1995. These statements may be accompanied by words such as “believe,” “estimate,” “project,” “expect,” “anticipate,” or “predict,” that convey the uncertainty of future events or outcomes. These statements are based on assumptions that we believe are reasonable; however, many important factors could cause our actual results in the future to differ materially from the forward-looking statements made herein and in any other documents or oral presentations made by, or on behalf of us. Important factors which could cause actual results to differ materially from those in forward-looking statements include, among others, changes in general economic conditions in Chile that could negatively affect amounts payable to us and changes in the final accounting treatment of the transaction that could result in the recognition of a significant gain or loss. For further information on these and other risks and uncertainties, see our Securities and Exchange Commission filings, including our 2004 Annual Report on Form 10-K, as amended. Copies of this document as well as other SEC filings can be obtained from our website at http://www.sci-corp.com . We assume no obligation to publicly update or revise any forward-looking statements made herein or any other forward-looking statements made by us, whether as a result of new information, future events or otherwise.

Service Corporation International, headquartered in Houston, Texas, owns and operates funeral service locations and cemeteries. We have an extensive network of businesses including 1,126 funeral service locations and 388 cemeteries in North America as of June 30, 2005. For more information about Service Corporation International, please visit our website at http://www.sci-corp.com .

          For additional information contact:

          Investors:     Eric D. Tanzberger / Vice President and Corporate Controller
                               (713) 525-7768

          Media:          Terry Hemeyer / Managing Director - Corporate Communications
                               (713) 525-5497


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