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): May 5, 2003 (April 15, 2003)
GORAN CAPITAL INC.
(Exact name of registrant as specified in its charter)
Canada 000-24366 Not Applicable
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
4720 Kingsway Drive, Indianapolis, Indiana 46205
(Address of principal executive offices)
Registrant's telephone number, including area code: (317) 259-6400
Not Applicable
(Former name or former address, if changed since last report)
Item 5. Other Events.
Groan Capital Inc. (the "Company") was unable to finalize its financial
statements for the year ended December 31, 2002 by the extended due date for
filing its Annual Report on Form 10-K pending the completion of the audit by BDO
Seidman, LLP ("BDO"), the Company's independent auditor, of the financial
statements of the Company's insurance company subsidiaries due to actuarial
analysis of the Company's reserve amounts performed by the consulting actuary
retained by BDO in connection with the 2002 audit. The Company expects to
finalize its financial statements and file its Annual Report on Form 10-K no
later than May 12, 2003.
SIGNATURES
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 hereunto duly authorized.
Dated: May 5, 2003 GORAN CAPITAL INC.
By: s/ Douglas H. Symons______________
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Chief Executive Officer