As Filed with the Securities and Exchange Commission on June 29, 1999 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 11-K [X] ANNUAL REPORT PURSUANT TO SECTION 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 [FEE REQUIRED] For the fiscal year ended December 31, 1998 OR [ ] TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 [NO FEE REQUIRED] For the transition period from to _________ to _________ Commission file number 1-6659 CONSUMERS WATER COMPANY EMPLOYEES' 401(k) SAVINGS PLAN AND TRUST PHILADELPHIA SUBURBAN CORPORATION 762 W. LANCASTER AVENUE BRYN MAWR, PA 19010 1 CONSUMERS WATER COMPANY EMPLOYEES' 401(k) SAVINGS PLAN AND TRUST The following audited financial statements are enclosed with this report: Financial Statements and Supplemental Schedules as of December 31, 1998 and 1997 Exhibit Page 23.1 Consent of KPMG LLP 4 23.2 Consent of Arthur Andersen LLP 5 99.1 Financial Statements and Supplemental Schedules as of December 31, 1998 and 1997 6 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Trustees of the Consumers Water Company Employees' 401(k) Savings Plan and Trust, have duly caused this annual report to be signed by the undersigned thereunto duly authorized. Consumers Water Company Employees' 401(k) Savings Plan And Trust Trustees: Date /s/ Roy H. Stahl 6-25-99 - ------------------------------- ------------------ Roy H. Stahl /s/ David P. Smeltzer 6-25-99 - ------------------------------- ------------------ David P. Smeltzer /s/ Robert G. Liptak 6-25-99 - ------------------------------- ------------------ Robert G. Liptak 3