1
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-K/A
AMENDMENT TO APPLICATION OR REPORT
Filed pursuant to Section 12, 13 or 15(d) of
THE SECURITIES EXCHANGE ACT OF 1934
THE ST. LAWRENCE SEAWAY CORPORATION
(Exact name of registrant as specified in charter)
AMENDMENT NO. 3
The undersigned registrant hereby amends the following items, financial
statements, exhibits or other portions of its Annual Report on Form 10-K for the
Fiscal Year ended March 31, 1997, as set forth in the pages attached hereto:
Item 14:
Financial Statements -- Report of Independent Auditors
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this amendment to be signed on its behalf by the
undersigned, thereunto duly authorized.
THE ST. LAWRENCE SEAWAY CORPORATION
(Registrant)
Dated: April 8, 1998 By: /S/Daniel L. Nir
------------------------------------
Daniel L. Nir
Treasurer
(Principal Financial Officer)
2
AMENDED ITEM 14
OF THE
ANNUAL REPORT ON FORM 10-K OF
THE ST. LAWRENCE SEAWAY CORPORATION (the "Company")
FOR ITS FISCAL YEAR ENDED MARCH 31, 1997
ITEM 14. -- EXHIBITS, FINANCIAL STATEMENTS, SCHEDULES AND REPORTS ON FORM 8-K
(a) FINANCIAL STATEMENTS:
Report of Independent Auditors Attached hereto
2
3
SALLEE & COMPANY, INC.
CERTIFIED PUBLIC ACCOUNTANTS
- --------------------------------------------------------------------------------
MEMBER
AICPA
TAX DIVISION
DIVISION OF FIRMS:
SEC PRACTICE SECTION
INDIANA CPA SOCIETY
Board of Directors
The St. Lawrence Seaway Corporation
INDIANAPOLIS, Indiana
REPORT OF INDEPENDENT AUDITORS
We have audited the accompanying balance sheets of THE ST. LAWRENCE SEAWAY
CORPORATION as of March 31, 1997 and 1996, and the related statements of income,
shareholders' equity, and cash flows for each of the three years in the period
ended March 31, 1997. These financial statements are the responsibility of the
Company's management. Our responsibility is to express an opinion on these
financial statements based on our audits.
We conducted our audits in accordance with generally accepted auditing
standards. Those standards require, that we plan and perform the audit to obtain
reasonable assurance about whether the financial statements are free of material
misstatement. An audit includes examining, on a test basis, evidence supporting
the amounts and disclosures in the financial statements. An audit also includes
assessing the accounting principles used and significant estimates made by
management, as well as evaluating the overall financial statement presentation.
We believe that our audits provide a reasonable basis for our opinion.
In our opinion, the financial statements referred to above present fairly, in
all material respects, the financial position of THE ST. LAWRENCE SEAWAY
CORPORATION as of March 31, 1997 and 1996, and the results of its operations and
its cash flows for each of the three years in the period ended March 31, 1997 in
conformity with generally accepted accounting principles.
March 12, 1998
/s/ Sallee & Company
1509 J STREET, P.O. BOX 1148, BEDFORD, INDIANA 47421, 812-275-4444
(FAX) 812-275-3300
3