-----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, LqMdM7GlxspxTjk5zK8QogFPLbWblNe+Cj5VDFHdrcb2Ejl+m/5gb3IfmRZh4Fqv g0z+wWoMR3iRGrLRLNXIHg== 0000950159-02-000287.txt : 20020507 0000950159-02-000287.hdr.sgml : 20020507 ACCESSION NUMBER: 0000950159-02-000287 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20020506 ITEM INFORMATION: Financial statements and exhibits ITEM INFORMATION: FILED AS OF DATE: 20020507 FILER: COMPANY DATA: COMPANY CONFORMED NAME: IOS CAPITAL LLC CENTRAL INDEX KEY: 0000922255 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-PAPER AND PAPER PRODUCTS [5110] IRS NUMBER: 232493042 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-20405 FILM NUMBER: 02635374 BUSINESS ADDRESS: STREET 1: 1738 BASS RD CITY: MACON STATE: GA ZIP: 31210 BUSINESS PHONE: 9124712300 MAIL ADDRESS: STREET 1: 1738 BASS RD CITY: MACON STATE: GA ZIP: 31210 FORMER COMPANY: FORMER CONFORMED NAME: IOS CAPITAL INC DATE OF NAME CHANGE: 19980212 FORMER COMPANY: FORMER CONFORMED NAME: IKON CAPITAL INC DATE OF NAME CHANGE: 19980113 FORMER COMPANY: FORMER CONFORMED NAME: ALCO CAPITAL RESOURCE INC DATE OF NAME CHANGE: 19940425 8-K 1 ios8k5-6.txt 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, 2002 IOS Capital, LLC (Exact name of registrant as specified in its charter) DELAWARE File No. 0-20405 23-2493042 ------------ --------------------- ------------------ (State or other (Commission File (IRS Employer jurisdiction of Number) Identification incorporation) Number) 1738 Bass Road, Macon, Georgia 31210 ---------------------------------- ----------- Registrant's telephone number, including area code: (478) 471-2300 -------------- Not Applicable ---------------------------------------------------------------- (Former name or former address, if changed since last report) Item 9. Regulation FD Disclosure The Registrant's parent IKON Office Solutions, Inc. (the "Company") has attached hereto as Exhibits 99.1 and 99.2, and incorporated by reference herein, certain information the Company intends to furnish to certain investors. The content of the attached information is being furnished in accordance with the requirements of Regulation FD. This information is furnished pursuant to Item 9 of Form 8-K and shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section, unless we specifically incorporate it by reference in a document filed under the Securities Act of 1933 or the Securities Exchange Act of 1934. The information contained in this report is summary information that is intended to be considered in the context of our SEC filings and other public announcements that we may make, by press release or otherwise, from time to time. We disclaim any current intention to revise or update the information contained in this report, although we may do so from time to time. Any updating may be made through the filing of other reports or documents with the SEC, through press releases or through other public disclosure. Item 7. Financial Statements and Exhibits (99.1) Consolidated Balance Sheets as of March 31, 2002 (unaudited) and September 30, 2001 (99.2) Consolidated Statements of Income for the three and six months ended March 31, 2002 (unaudited) SIGNATURE 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 thereunto duly authorized. IOS Capital, Inc. By: /s/ HARRY KOZEE -------------------------- Harry Kozee Vice President - Finance Dated: May 6, 2002 EX-99 3 exhibit99-1.txt EXHIBIT 99.1
Exhibit 99.1 IOS CAPITAL, LLC CONSOLIDATED BALANCE SHEETS March 31, 2002 September 30, (unaudited) 2001 ------------------------------- Assets Investments in leases: Direct financing leases, net of lease default reserve of: March 31, 2002 - $52,625; September 30, 2001 - $59,158 $ 3,279,093 $ 3,284,106 Less: Unearned income (542,300) (545,451) --------------------------------- 2,736,793 2,738,655 Funded leases, net 257,530 240,965 --------------------------------- 2,994,323 2,979,620 Cash 16,304 16,056 Restricted cash 124,383 126,861 Accounts receivable 63,750 91,775 Prepaid expenses and other assets 11,607 10,548 Leased equipment - operating rentals at cost, less accumulated depreciation of: March 31, 2002 - $41,903; September 30, 2001 - $40,552 55,857 44,793 Property and equipment at cost, less accumulated depreciation of: March 31, 2002 - $9,211; September 30, 2001 - $10,332 1,413 8,145 --------------------------------- Total assets $ 3,267,637 $ 3,277,798 ================================= Liabilities and Shareholder's Equity Liabilities: Accounts payable and accrued expenses $ 66,386 $ 78,011 Accrued interest 11,662 13,873 Due to IKON Office Solutions, Inc. ("IKON") 351,341 182,533 Medium term notes - 82,000 Notes payable 277,025 271,292 Lease-backed notes 1,489,430 1,797,389 Asset securitization conduit financing 440,387 193,500 Deferred income taxes 199,763 162,609 --------------------------------- Total liabilities 2,835,994 2,781,207 --------------------------------- Commitments and Contingencies Shareholder's equity: Common stock--$.01 par value, 1,000 shares authorized, issued, and outstanding Contributed capital 179,796 179,796 Retained earnings 271,720 347,169 Accumulated other comprehensive loss (19,873) (30,374) --------------------------------- Total shareholder's equity 431,643 496,591 --------------------------------- Total liabilities and shareholder's equity $ 3,267,637 $ 3,277,798 =================================
EX-99 4 exhibit99-2.txt EXHIBIT 99.2
Exhibit 99.2 IOS CAPITAL, LLC CONSOLIDATED STATEMENTS OF INCOME (unaudited) Three months ended Six months ended March 31, March 31, ------------------------------------------------ 2002 2001 2002 2001 ------------------------------------------------ Revenues: Lease finance income $ 87,018 $ 79,090 $ 172,701 $ 155,747 Rental income 8,485 8,226 16,144 16,407 Other income 5,632 6,283 11,039 12,060 ---------- ----------- ----------- ----------- 101,135 93,599 199,884 184,214 ---------- ----------- ----------- ----------- Expenses: Interest 37,301 41,963 76,637 83,458 Lease default, net of recoveries 3,901 3,327 7,909 6,582 General and administrative 15,586 14,901 30,254 29,079 ---------- ----------- ----------- ----------- 56,788 60,191 114,800 119,119 ---------- ----------- ----------- ----------- Income before income taxes 44,347 33,408 85,084 65,095 Provision for income taxes 17,739 13,363 34,034 26,038 ---------- ----------- ----------- ----------- Net income $ 26,608 $ 20,045 $ 51,050 $ 39,057 ========== =========== =========== ===========
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