-----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, GZPycVvHXKTpB+h7vZ/Q6tC6r8pRqjNPkyK/cRSip5PeOVQPlWoLR6F1zfyQyf9+ VW+a65shbpykG8vFnvuqmQ== 0001047469-04-016462.txt : 20040507 0001047469-04-016462.hdr.sgml : 20040507 20040507165528 ACCESSION NUMBER: 0001047469-04-016462 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20040506 ITEM INFORMATION: FILED AS OF DATE: 20040507 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CINERGY CORP CENTRAL INDEX KEY: 0000899652 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 311385023 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-11377 FILM NUMBER: 04789832 BUSINESS ADDRESS: STREET 1: 139 E FOURTH ST CITY: CINCINNATI STATE: OH ZIP: 45202 BUSINESS PHONE: 5132872644 MAIL ADDRESS: STREET 1: 139 E FOURTH STREET STREET 2: P.O BOX 960 CITY: CINCINATI STATE: OH ZIP: 45202 8-K 1 a2136155z8-k.htm FORM 8-K
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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): May 6, 2004

CINERGY CORP.
(Exact Name of Registrant as Specified in Its Charter)


Commission
File Number

  Registrant, State of Incorporation,
Address and Telephone Number

  (I.R.S. Employer
Identification No.)



1-11377

 

CINERGY CORP.
(A Delaware Corporation)
139 East Fourth Street
Cincinnati, Ohio 45202
(513) 421-9500

 

31-1385023





Item 12.    Results of Operations and Financial Condition

        On May 6, 2004, Cinergy Corp. issued a press release announcing the sale of assets by a company in which Cinergy holds a non-controlling interest and a related update to its first quarter 2004 earnings. A copy of the press release is attached hereto as Exhibit 99.1.

        The information in this Form 8-K is furnished under "Item 12. Results of Operations and Financial Condition" in accordance with SEC Release No. 33-8216. The information in this Form 8-K and the Exhibit attached hereto shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall they be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.

2




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.

    CINERGY CORP.

Dated: May 7, 2004

 

By:

 

/s/  
LYNN J. GOOD      
        Name Lynn J. Good
        Title Vice President and Controller

3




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SIGNATURES
EX-99.1 2 a2136155zex-99_1.htm EXHIBIT 99.1
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Exhibit 99.1

N E W S    R E L E A S E

    Cinergy Corp.
139 East Fourth Street
P.O. Box 960
Cincinnati, OH 45201-0960

News contact:

 

Steve Brash 513-287-2226 (w)    513-231-6895 (h)
Angeline Protogere 317-838-1338 (w)    317-298-3090 (h)

Investor contact:

 

Brad Arnett 513-287-3024

Website:

 

www.cinergy.com

GRAPHIC

FOR IMMEDIATE RELEASE—May 6, 2004

SPL TO ACQUIRE MAJOR ASSETS OF CES;
CINERGY WILL RECOGNIZE CHARGE FOR ITS MINORITY OWNERSHIP

CINCINNATI—SPL Worldgroup, Inc. announced on May 4, 2004 that it had signed a definitive agreement to acquire the major assets of Configured Energy Systems (CES), a company in which Cinergy Corp. (NYSE:CIN) holds a non-controlling interest.

CES supplies real-time outage management software solutions to utilities, serving more than 35 million metered accounts. The transaction is expected to close in the third quarter of 2004.

Based on the terms of the transaction, Cinergy anticipates realizing a loss on its investment in CES at closing. Therefore, Cinergy will recognize a charge of approximately $21 million after tax, or $0.11 per share, to its previously-reported first quarter results. Cinergy will file its Form 10-Q for the period ending March 31, 2004 with the Securities and Exchange Commission in accordance with SEC regulations, no later than May 10, 2004.

Cinergy will remain a key customer of CES. The sale by CES is consistent with Cinergy's objective of exiting unprofitable investments in its Power Technology and Infrastructure Services segment. In addition to CES, PTIS has direct investments in nine technology companies totaling approximately $48 million.

This document includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are based on management's beliefs and assumptions. These forward-looking statements are identified by terms and phrases such as "anticipate", "believe", "intend", "estimate", "expect", "continue", "should", "could", "may", "plan", "project", "predict", "will", and similar expressions. Forward-looking statements involve risks and uncertainties that may cause actual results to be materially different from the results predicted. Factors that could cause actual results to differ materially from those indicated in any forward-looking statement include, but are not limited to, unanticipated weather conditions; unscheduled generation outages; unusual maintenance or repairs; unanticipated changes in costs; environmental incidents, including costs of compliance with existing and future environmental requirements; electric transmission or gas pipeline system constraints; legislative and regulatory initiatives; additional competition in electric or gas markets and continued industry consolidation; financial or regulatory accounting principles; political, legal, and economic conditions and developments in the countries in which we have a presence; changing market conditions and other factors related to physical energy and financial trading activities; the performance of projects undertaken by our non-regulated businesses and the success of efforts to invest in and develop new opportunities; availability of, or cost of, capital; employee workforce factors; delays and other obstacles associated with mergers, acquisitions, and investments in joint ventures; and costs and effects of legal and administrative proceedings, settlements, investigations, and claims. Please refer to the company's SEC filings for additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements. The Company undertakes no obligation to update the information contained herein.

###




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