-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, JlwjJ4vscqEb5k7PNRNTGIfMJ9uVz/lMDeFEXkMANqNYUe5sS1DDfAc5ErpUOWTz cFMHd2QRqABIMznL5Iv1/Q== 0000950103-02-000845.txt : 20020816 0000950103-02-000845.hdr.sgml : 20020816 20020816151313 ACCESSION NUMBER: 0000950103-02-000845 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20020816 ITEM INFORMATION: Other events FILED AS OF DATE: 20020816 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BCOM3 GROUP INC CENTRAL INDEX KEY: 0001139185 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-ADVERTISING [7310] IRS NUMBER: 364345638 STATE OF INCORPORATION: DE FISCAL YEAR END: 522 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-32649 FILM NUMBER: 02741141 BUSINESS ADDRESS: STREET 1: 35 WEST WACKER DRIVE CITY: CHICAGO STATE: IL ZIP: 60601 BUSINESS PHONE: 3122201000 MAIL ADDRESS: STREET 1: 35 WEST WACKER DRIVE CITY: CHICAGO STATE: IL ZIP: 60601 8-K 1 aug1602_8k.txt =============================================================================== 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): August 14, 2002 Bcom3 Group, Inc. (Exact Name of Registrant as Specified in Its Charter) Delaware (State or Other Jurisdiction of Incorporation) 0-32649 364345638 (Commission File Number) (IRS Employer Identification No.) 35 West Wacker Drive 60601 Chicago, IL (Address of Principal Executive (Zip Code) Offices) (312) 220-1000 (Registrant's Telephone Number, Including Area Code) (Former Name or Former Address, if Changed Since Last Report) -------------------- =============================================================================== Item 5. Other Events On August 14, 2002, Bcom3 Group, Inc. issued the press release attached hereto as exhibit 99.1, the text of which is incorporated herein by reference. Exhibits (a) Exhibit 99.1 Press Release, dated August 14, 2002 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. Bcom3 Group, Inc. Date: August 16, 2002 By /s/ Eileen Kamerick ------------------------------- Name: Eileen Kamerick Title: Executive Vice President & Chief Financial Officer EXHIBIT LIST Exhibit Number Description ------ ----------- 99.1 Press Release, dated August 14, 2002 EX-99.1 3 aug1602_ex99-1.txt Exhibit 99.1 FOR IMMEDIATE RELEASE CONTACT: Wally Petersen 312/220-4186 BCOM3 GROUP POSTS SIGNIFICANT INCREASE IN NET INCOME CHICAGO, August 14, 2002 -- Bcom3 Group, Inc. today announced its consolidated net income for the three months ending June 30, 2002 increased by $29.3 million to $33.7 million from $4.4 million in the second quarter of 2001. Effective Jan. 1, 2002, in compliance with SFAS No. 142, the Company ceased recording goodwill amortization. Adjusting the 2001 financial statements for the effect of this pronouncement, net income for the three months ending June 30, 2002 increased by 75.5 percent to $33.7 million from $19.2 million in the second quarter 2001. Consolidated net income for the six months ending June 30, 2002 increased by $47.2 million to $54.2 million from $7.0 million for the comparable period in 2001. Adjusting the 2001 financial statements for the effect of SFAS No. 142, net income for the six months ending June 30, 2002 increased by 47.3 percent to $54.2 million from $36.8 million in 2001. Consolidated worldwide revenues for the three months ending June 30, 2002 increased 1.4 percent to $486.7 million from $479.9 million for the second quarter 2001. Domestic revenues for the second quarter 2002 increased 2.6 percent to $259.0 million from $252.5 million for the comparable period in 2001. International revenues increased 0.1 percent to $227.7 million for the second quarter 2002 from $227.4 million for the second quarter 2001. Second quarter 2002 revenues include the effect of the adoption of EITF Issue 01-14, which requires inclusion of certain reimbursed expenses in revenues and general expenses. Excluding the effect of that change, consolidated revenues increased 0.1 percent. Domestic revenues increased 0.4 percent; international revenues declined 0.4 percent. Consolidated worldwide revenues for the six months ending June 30, 2002 increased 0.6 percent to $932.4 million from $927.1 million for the comparable period in 2001. Domestic revenues for the six months ending June 30, 2002 increased 0.9 percent to $503.8 million from $499.3 million for the six months ending June 30, 2001. International revenues for the six months ending June 30, 2002 increased 0.2 percent to $428.6 million from $427.8 million for the comparable period in 2001. Excluding the adoption of EITF 01-14, consolidated revenues declined 1.0 percent. Domestic revenues declined 1.5 percent; international revenues declined 0.5 percent. "Along with our unwavering commitment to client service, we continue to focus on margin improvement and expense control," said Bcom3's Executive Vice President & Chief Financial Officer Eileen Kamerick. "Despite a still-challenging environment, our net income shows very significant improvement." Bcom3 is a leading advertising and marketing communications organization spanning 90 countries around the world. On March 7, 2002, Paris-based Publicis Groupe S.A. announced its intent to acquire the Bcom3 Group. Dentsu, Inc. will continue to have a significant minority stake in what will become the world's fourth largest marketing communications holding company. -----END PRIVACY-ENHANCED MESSAGE-----