8-K 1 a2127352z8-k.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): January 27, 2004

FIRSTSERVICE CORPORATION
(Exact name of Registrant as specified in its charter)

Commission file number 0-24762

Ontario, Canada   Not Applicable
(Jurisdiction of incorporation)   (I.R.S. employer identification no.)
     
1140 Bay Street, Suite 4000    
Toronto, Ontario, Canada   M5S 2B4
(Address of Principal Executive Offices)   (Postal code)

Registrant's telephone number, including area code: 416-960-9500

Not Applicable
(Former Name or Former Address, if changed since last report)




ITEM 12. QUARTERLY RESULTS OF OPERATIONS AND FINANCIAL CONDITION.

        The following information is being furnished under Item 12 of Form 8-K: On January 27, 2004, FirstService Corporation issued a press release, a copy of which is attached hereto as Exhibit 99.1 and incorporated herein by reference.

        The following tables provide a reconciliation of EBITDA, as used in the attached press release, to operating earnings and should be read in conjunction with the Note to the Condensed Consolidated Statements of Earnings in the attached press release.

 
  Three months ended December 31
 
 
  2003
  2002
 
 
  (in thousands of US dollars)
 
EBITDA   $ 9,494   $ 8,180  
Less: depreciation and amortization     (4,195 )   (3,598 )
   
 
 
Equals: operating earnings   $ 5,299   $ 4,582  
   
 
 

 


 

Nine months ended December 31

 
  2003
  2002
 
  (in thousands of US dollars)

EBITDA   $ 47,977   $ 47,854
Less: depreciation and amortization     (12,270 )   10,500
   
 
Equals: operating earnings   $ 35,707   $ 37,354
   
 

SIGNATURE

        Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.

    FIRSTSERVICE CORPORATION

January 27, 2004

 

/s/  
JOHN B. FRIEDRICHSEN      
John B. Friedrichsen
Senior Vice President and Chief Financial Officer