United States
Securities and Exchange Commission
Washington, D.C. 20549
FORM 12b-25
Commission File
Number 001-13539
Notification of Late Filing
(Check One): [X] Form 10-K [ ] Form 20-F [ ] Form 11-K [ ] Form 10-Q
[ ] Form N-SAR
For Period Ended: December 31, 2000
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[ ] Transition Report on Form 10-K
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q
[ ] Transition Report on Form N-SAR
For the Transition Period Ended:_______________________
Nothing in this form shall be construed to imply that the Commission has
verified any information contained herein.
If the notification relates to a portion of the filing checked above, identify
the item(s) to which the notification relates:
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PART I - REGISTRANT INFORMATION
AMF Bowling, Inc.
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Full Name of Registrant
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Former Name if Applicable
8100 AMF Drive
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Address of Principal Executive Officer (Street and Number)
Richmond, Virginia 23111
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City, State and Zip Code
PART II - RULES 12b-25(b) AND (c)
If the subject report could not be filed without unreasonable effort or expense
and the registrant seeks relief pursuant to Rule 12b-25(b), the following should
be completed. (Check box if appropriate)
| (a) The reasons described in reasonable detail in Part III of this
| form could not be eliminated without unreasonable effort or expense;
|
| (b) The subject annual report, semi-annual report, transition report
| on Form 10-K, Form 20-F, 11-K, Form N-SAR, or portion thereof, will
[X] | be filed on or before the fifteenth calendar day following the
| prescribed due date; or the subject quarterly report of transition
| report on Form 10-Q, or portion thereof will be filed on or before
| the fifth calendar day following the prescribed due date; and
|
| (c) The accountant's statement or other exhibit required by Rule
| 12b-25(c) has been attached if applicable.
PART III - NARRATIVE
State below in reasonable detail the reasons why the Form 10-K, 11-K, 10-Q,
N-SAR, or the transition report or portion thereof, could not be filed within
the prescribed time period.
As previously announced, the registrant has been in the process of evaluating
restructuring and refinancing alternatives, including a consensual, negotiated
restructuring, a reorganization under Chapter 11 of the Bankruptcy Code and
other possible methods for reducing the registrant's long-term debt and
improving its capital structure. Because of the ongoing restructuring effort,
the registrant's independent public accountants have not been able to complete
their audit procedures (see Exhibit 1 from Arthur Andersen LLP, the registrant's
independent public accountants). Accordingly, for these reasons, the registrant
is unable to provide the information required by the Form 10-K in the prescribed
time without unreasonable effort or expense.
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification.
Stephen E. Hare (804) 730-4000
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(Name) (Area Code) (Telephone Number)
(2) Have all other periodic reports required under Section 13 or 15(d) of
the Securities Exchange Act of 1934 or Section 30 of the Investment
Company Act of 1940 during the preceding 12 months (or for such shorter
period that the registrant was required to file such reports) been
filed? If answer is no, identify report(s):
[X] Yes [ ] No
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(3) Is it anticipated that any significant change in results of operations
from the corresponding period for the last fiscal year will be
reflected by the earnings statements to be included in the subject
report or portion thereof?
[X] Yes [ ] No
If so, attach an explanation of the anticipated change, both
narratively and quantitatively, and, if appropriate, state the reasons
why a reasonable estimate of the results cannot be made.
Subject to the completion of the audit procedures, the
registrant's operating loss for 2000 is expected to be
approximately $17 million more than in 1999 and the
registrant's net loss for 2000 is expected to be approximately
$38 million more than in 1999. See the narrative in Part III
above.
AMF Bowling, Inc.
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(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized.
Date April 2, 2000 By /s/ Roland C. Smith
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Roland C. Smith
Director/President and Chief
Executive Officer
EXHIBIT INDEX
Exhibit No. Description
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1 Letter from Arthur Andersen, LLP