01—Abstract
Summary
Summary of the 8-K/A filed January 10, 2002. Cited figures are marked; the original filing is the authoritative source.
This filing is an amendment to Ecolab Inc.'s (ECL) previous 8-K report, providing supplemental pro forma financial information related to an event that occurred on November 29, 2001.
The primary purpose of this amendment is to include the unaudited pro forma condensed consolidated balance sheet as of September 30, 2001, and pro forma condensed consolidated statements of income for the nine months ended September 30, 2001, and the year ended December 31, 2000. Investors should review this pro forma data to understand the potential financial impact of the disclosed transaction on Ecolab's financial position and performance as if it had occurred earlier. The filing also lists several material agreements as exhibits, including a Master Agreement and amendments with Henkel KGaA, a Stockholder's Agreement, and an Intellectual Property Agreement, all dated around November and December 2001.
Additionally, credit agreements for 364-day and 180-day facilities entered into on December 7, 2001, are included. These documents suggest significant corporate activities, potentially including acquisitions, divestitures, or strategic partnerships, the financial implications of which are detailed in the pro forma statements.
02—Key points
Key Highlights
- Amendment to a previous 8-K filing to include pro forma financial information as of September 30, 2001.
- Pro forma financial statements cover the balance sheet (Sept 30, 2001) and income statements (9 months ended Sept 30, 2001, and year ended Dec 31, 2000).
- The filing references a Master Agreement and its amendment with Henkel KGaA dated December 7, 2000.
- A Second Amended and Restated Stockholder's Agreement with Henkel KGaA, dated November 30, 2001, is included.
- An Intellectual Property Agreement with Henkel KGaA, dated November 30, 2001, is listed as an exhibit.
- New credit facilities, a 364-day and a 180-day facility, were established on December 7, 2001, with Citicorp USA, Inc. as agent.
- A news release dated November 30, 2001, is included as an exhibit, likely detailing the events leading to these filings.
03—Questions
Frequently Asked Questions
What is the main purpose of this 8-K/A filing?
This filing is an amendment to a prior 8-K report to provide unaudited pro forma financial information. This pro forma data illustrates the potential financial impact of a significant event or transaction on Ecolab's financial statements as if it had occurred at an earlier date.
What are the key agreements mentioned in the filing?
The filing lists several key agreements, including a Master Agreement and amendments with Henkel KGaA, a Stockholder's Agreement, and an Intellectual Property Agreement, all related to transactions occurring around late 2000 and late 2001. It also includes details on new credit facilities established in December 2001.
What does the pro forma financial information represent?
The pro forma financial information presents Ecolab's financial position and results of operations on a hypothetical basis, giving effect to a specific transaction or event. This allows investors to better understand the potential future financial impact of these events on the company.
Are the pro forma statements audited?
No, the pro forma financial statements included in this filing are described as 'unaudited'.
04—Continue