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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):
July 13, 1995
MEDITRUST
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(Exact name of registrant as specified in charter)
Massachusetts 0-14022 04-6532031
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(State of (Commission (I.R.S. Employer
Incorporation) File No.) Identification No.)
197 First Avenue, Needham, Massachusetts 02194
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code:(617) 433-6000
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ITEM 5. OTHER EVENTS
Meditrust (NYSE:MT) announced on July 13, 1995 record increases in net
income, cash flow and revenues for the quarter ended June 30, 1995.
For the second quarter ended June 30, 1995, Meditrust had net income of
$30,929,000 or $0.63 per share (based on 49,194,000 shares) compared to
$19,008,000 or $0.56 per share (based on 34,192,000 shares) for the same period
a year earlier. For the three months ended June 30, 1995, the Company had cash
flow from operating activities available for distribution, the basis for which
dividends are determined, of $36,309,000 or $0.74 per share versus $24,181,000
or $0.71 per share for the same period a year earlier. Revenues for the second
quarter of 1995 were $52,437,000 versus $42,378,000 for the second quarter of
1994.
For the six months ended June 30, 1995, net income increased to
$55,112,000 or $1.23 per share (based on 44,917,000 shares), compared to
$36,713,000 or $1.09 per share (based on 33,817,000 shares) for the similar
period in 1994. For the six months ended June 30, 1995, the Company had cash
flow from operating activities available for distribution of $65,751,000 versus
$47,231,000 for the same period a year earlier. Revenues for the six months
ended June 30, 1995 were $101,370,000 versus $83,373,000 for the same period in
1994.
MEDITRUST
FINANCIAL RESULTS
THREE MONTHS ENDED SIX MONTHS ENDED
June 30, (Unaudited) June 30, (Unaudited)
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(In thousands except per 1995 1994 1995 1994
share amounts) ---- ---- ---- ----
REVENUES $ 52,437 $ 42,378 $101,370 83,373
NET INCOME 30,929 19,008 55,112 36,713
EARNINGS PER SHARES .63 .56 1.23 1.09
CASH FLOW FROM OPERATING 36,309 24,181 65,751 47,231
ACTIVITIES
CASH FLOW FROM OPERATING .74 .71 1.46 1.40
ACTIVITIES PER SHARE
WEIGHTED AVERAGE NUMBER 49,194 34,192 44,917 33,817
OF SHARES OUTSTANDING
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Item 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
Exhibit No. Description
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1 Form of Underwriting Agreement
4.1 Form of Indenture Supplement
4.2 Form of 7.375% Note due July 15, 2000 (included in
Exhibit 4.1)
4.3 Form of 7.6% Note due July 15, 2001 (included in
Exhibit 4.1)
25 Form T-1, Statement of Eligibility of Fleet
National Bank
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.
MEDITRUST
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July 20, 1995 /s/ Lisa P. McAlister
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Lisa P. McAlister
Vice President and Treasurer
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