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SECURITIES AND EXCHANGE COMMISSION
UNITED STATES
Washington, DC 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) JANUARY 14, 2005
INTERMET CORPORATION
(Exact name of registrant as specified in its charter)
GEORGIA 0-13787 58-1563873
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
5445 CORPORATE DRIVE, SUITE 200
TROY, MICHIGAN 48098-2683
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number including area code: (248) 952-2500
NOT APPLICABLE
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(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
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ITEM 7.01. REGULATION FD DISCLOSURE.
As previously disclosed, on September 29, 2004 (the "Petition Date"), INTERMET
Corporation ("INTERMET") and 17 of its domestic subsidiaries (each,
individually, a "Debtor" and, collectively, the "Debtors") filed voluntary
petitions ("Petitions") in the U.S. Bankruptcy Court for the Eastern District
of Michigan (the "Bankruptcy Court") seeking relief under chapter 11 of the
United States Bankruptcy Code. In compliance with applicable bankruptcy rules,
INTERMET's Petition included an Exhibit A with its known assets and liabilities
as of the Petition Date, based on its August 31, 2004 books and records. The
aggregate unconsolidated assets and liabilities shown on Exhibit A were $958.4
million and $588.1 million, respectively. The Petition did not require that the
financial information be presented on a consolidated basis.
Today, INTERMET filed with the Bankruptcy Court supplemental information to
Exhibit A to its Petition. This supplemental information is furnished with this
Current Report as Exhibit 99.1 and includes information relating to the
anticipated write-off of $165.9 million of goodwill as of September 30, 2004.
The recording of any write-off is subject to completion of the September 30,
2004 consolidated financial statements of INTERMET. The supplemental
information shows an unaudited consolidated net worth for all the Debtors on
August 31, 2004 of $124.6 million (including the goodwill).
The supplemental information to Exhibit A contains unaudited financial
information which has not been reviewed by independent accountants and is
limited to the Debtors. The financial information related to the Debtors
included in the supplemental information is not presented in accordance with
generally accepted accounting principles ("GAAP") or SEC regulations applicable
to financial statements contained in periodic reports filed with the SEC.
Preparation of the Debtors' financial statements in accordance with GAAP could
result in material reconciliations and adjustments to the financial information
presented in the supplemental information.
While every effort has been made to assure the accuracy and completeness of the
supplemental information to Exhibit A, errors or omissions may have
inadvertently occurred and INTERMET reserves the right to amend the
supplemental information to Exhibit A as necessary.
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ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.
(a) Not applicable
(b) Not applicable
(c) Exhibits:
The following exhibit is being furnished herewith:
99.1 Supplemental Information to Exhibit A to INTERMET
Corporation's Bankruptcy Petition.
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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.
INTERMET CORPORATION
January 14, 2005 By: /s/ Alan J. Miller
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Alan J. Miller
Vice President, General Counsel and
Assistant Secretary
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Exhibit Index
No. Description
99.1 Supplemental Information to Exhibit A to INTERMET Corporation's
Bankruptcy Petition.
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