01—Abstract
Summary
Summary of the 10-Q/A filed April 30, 2003. Cited figures are marked; the original filing is the authoritative source.
Norfolk Southern Corporation's (NSC) amended 10-Q filing for the quarter ending March 31, 2003, primarily serves to provide updated certifications required by the Sarbanes-Oxley Act.
While the filing does not contain extensive financial performance data for the quarter itself, it confirms that the company has met its reporting obligations and is an accelerated filer. Investors should note the inclusion of CEO and CFO certifications under Section 906 of SOX, underscoring a commitment to financial reporting integrity following the legislative changes. The lack of detailed financial statements within this specific amendment suggests that the core financial results for the first quarter of 2003 were likely presented in a prior, non-amended 10-Q filing.
This amendment's focus on certifications indicates a procedural update rather than a significant operational or financial event. Investors seeking detailed performance metrics would need to refer to the original 10-Q filing for the period.
02—Key points
Key Highlights
- The filing is an amendment (10-Q/A) for the quarter ended March 31, 2003, primarily addressing SOX certifications.
- Norfolk Southern Corporation confirms it has filed all required reports for the preceding 12 months and has been subject to filing requirements for the past 90 days.
- The company is classified as an 'accelerated filer'.
- The number of outstanding common shares as of March 31, 2003, was 389,797,649 (excluding treasury shares).
- Exhibit 99 includes certifications from the CEO and CFO regarding the accuracy of financial information, as mandated by Section 906 of the Sarbanes-Oxley Act.
- Exhibit 15 provides a letter regarding unaudited interim financial information, though the detailed financials are not within this amendment.
03—Questions
Frequently Asked Questions
What is the primary purpose of this 10-Q/A filing?
This filing is an amendment to the original 10-Q report for the quarter ended March 31, 2003. Its main purpose is to include the required CEO and CFO certifications under Section 906 of the Sarbanes-Oxley Act of 2002, as well as a letter regarding unaudited interim financial information.
Does this filing contain detailed financial results for the first quarter of 2003?
This specific amended filing (10-Q/A) does not appear to contain the detailed financial statements for the quarter. It focuses on procedural updates and certifications. Investors should refer to the original 10-Q filing for the period to find the comprehensive financial performance data.
What is the significance of the CEO and CFO certifications?
The certifications from the CEO and CFO are a requirement under the Sarbanes-Oxley Act of 2002. They attest to the accuracy and completeness of the financial reports filed with the SEC, signifying the company's adherence to new corporate governance and financial disclosure standards implemented after major accounting scandals.
How many shares of common stock were outstanding?
As of March 31, 2003, Norfolk Southern Corporation had 389,797,649 shares of common stock outstanding, excluding the 21,169,125 shares held by its consolidated subsidiaries.
04—Continue