U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 12B-25
NOTIFICATION OF LATE FILING
(CHECK ONE):
[ ] FORM 10-K AND FORM 10-KSB [ ] FORM 20-F [ ] FORM 11-K
[X] FORM 10-Q AND FORM 10-QSB [ ] FORM N-SAR
FOR PERIOD ENDED: SEPTEMBER 30, 2001
[ ] TRANSITION REPORT ON FORM 10-K AND FORM 10-KSB
[ ] TRANSITION REPORT ON FORM 20-F
[ ] TRANSITION REPORT ON FORM 11-K
[ ] TRANSITION REPORT ON FORM 10-Q AND FORM 10-QSB
[ ] TRANSITION REPORT ON FORM N-SAR
FOR THE TRANSITION PERIOD ENDED:
- --------------------------------------------------------------------------------
NOTHING IN THIS FORM SHALL BE CONSTRUED TO IMPLY THAT THE
COMMISSION HAS VERIFIED ANY INFORMATION CONTAINED HEREIN.
- --------------------------------------------------------------------------------
IF THE NOTIFICATION RELATES TO A PORTION OF THE FILING CHECKED ABOVE,
IDENTIFY THE ITEM(S) TO WHICH THE NOTIFICATION RELATES:
- --------------------------------------------------------------------------------
PART I--REGISTRANT INFORMATION
- --------------------------------------------------------------------------------
AFG INVESTMENT TRUST B
-------------------------------------------------------------------------
FULL NAME OF REGISTRANT (FORMER NAME IF APPLICABLE)
88 BROAD STREET, SIXTH FLOOR
-------------------------------------------------------------------------
ADDRESS OF PRINCIPAL EXECUTIVE OFFICE (STREET AND NUMBER)
BOSTON, MA 02110
-------------------------------------------------------------------------
CITY, STATE AND ZIP CODE
- --------------------------------------------------------------------------------
PART II--RULES 12b-25(b) AND (c)
- --------------------------------------------------------------------------------
If the subject report could not be filed without unreasonable effort or expense
and the registrant seeks relief pursuant to Rule 12b-25(b), the following should
be completed. (Check box if appropriate)
[X] (a) The reasons described in reasonable detail in Part III of this form
could not be eliminated without unreasonable effort or expense;
[X] (b) The subject annual report, semi-annual report, transition report on
Form 10-K, Form 20-F, Form 11-K or Form N-SAR, or portion thereof will
be filed on or before the fifteenth calendar day following the
prescribed due date; or the subject quarterly report or transition
report on Form 10-Q, or portion thereof will be filed on or before the
fifth calendar day following the prescribed due date; and
[ ] (c) The accountant's statement or other exhibit required by Rule 12b-25(c)
has been attached if applicable.
- --------------------------------------------------------------------------------
PART III--NARRATIVE
- --------------------------------------------------------------------------------
State below in reasonable detail the reasons why Forms 10-K, 10-KSB, 11-K, 20-F,
10-Q, 10-QSB, N-SAR or the transition report portion thereof could not be filed
within the prescribed time period. (Attach extra sheets if needed.)
AFG Investment Trust B (the "Trust") is unable to timely file its quarterly
report on Form 10-Q for the quarter ended September 30, 2001 (the calendar limit
prescribed under rule 12b-25 under the Securities Exchange Act of 1934, as
amended) because the Trust has not completed compiling the information necessary
for the filing to appropriately respond to an October 2, 2001 letter from the
Securities and Exchange Commission staff. The Registrant anticipates being able
to compile such information and file the Form 10-Q by the 5th calendar day
following the Trust's original prescribed due date of November 14, 2001.
- --------------------------------------------------------------------------------
PART IV--OTHER INFORMATION
- --------------------------------------------------------------------------------
(1) Name and telephone number of person to contact in regard to this
notification
MICHAEL J. BUTTERFIELD 617 854-5846
- -------------------------------- ----------- ------------------
(Name) (Area Code) (Telephone Number)
(2) Have all other periodic reports required under Section 13 or 15(d) of
the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act
of 1940 during the preceding 12 months or for such shorter period that the
registrant was required to file such report(s) been filed? If the answer is no,
identify report(s).
[X] Yes [ ] No
(3) Is it anticipated that any significant change in results of operations
from the corresponding period for the last fiscal year will be reflected by the
earnings statements to be included in the subject report or portion thereof?
[X] Yes [ ] No
September 30, 2001 results compared to September 30, 2000 results:
(In thousands of dollars)
Nine Months Ended
September 30,
2001 2000
-------- -------
Total Income 580 1,211
Total Expense 794 372
Total Equity Interests 463 -
Net Income 249 839
AFG INVESTMENT TRUST B
------------------------------------------------------------------------------
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date: 11/14/01 By: /s/ MICHAEL J. BUTTERFIELD
-------------------------- -----------------------------------
Name: MICHAEL J. BUTTERFIELD
----------------------------------
Title: EXECUTIVE VICE PRESIDENT AND
CHIEF OPERATING OFFICER FOR
EQUIS FINANCIAL GROUP LIMITED
PARTNERSHIP AND TREASURER
OF THE MANAGING TRUSTEE
(PRINCIPAL FINANCIAL ACCOUNTING
OFFICER)
---------------------------------