NT 11-K 1 dnt11k.txt NOTIFICATION OF LATE FILING UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 12b-25 NOTIFICATION OF LATE FILING (Check One): [_] Form 10-K [_] Form 20-F [_] Form 10-K [X] Form 11-K [_] Form N-SAR For Period Ended: December 31, 2000 ------------------------- [_] Transition Report on Form 10-K [_] Transition Report on 20-F [_] Transition Report on Form 11-K [_] Transition Report on Form 10-Q [_] Transition Report on 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: -------------------------------------------------------------------------------- PART I - REGISTRANT INFORMATION IKON Office Solutions, Inc. -------------------------------------------------------------------------------- Full name of Registrant -------------------------------------------------------------------------------- Former Name if Applicable 70 Valley Stream Parkway -------------------------------------------------------------------------------- Address of Principal Executive Officer (Street and Number) Malvern, PA 19355 -------------------------------------------------------------------------------- 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; [X] (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 be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or 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. (Attach Extra Sheets if Needed) Due to the transition of certain financial reporting matters to a new trustee of the IKON Office Solutions, Inc. Retirement Savings Plan (the "Plan"), the Registrant has been unable to compile, without unreasonable effort and significant expense, the required financial information and back-up documentation required for the preparation of the Report on Form 11-K for the Plan. PART IV - OTHER INFORMATION (1) Name and telephone number of person to contact in regard to this notification. Allister H. McCree, Jr. (610) 407-4943 ------------------------------ ----------------------------------- (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 -------------------------------------------------------------------------------- (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. During the year ended December 31, 2000, net assets of the Plan decreased from $347,146,249 at December 31, 1999 to approximately $279,888,402 due substantially to losses on investments. -------------------------------------------------------------------------------- IKON Office Solutions, Inc. --------------------------------------------------------- (Name of Registrant as Specified in Charter) Has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized. Date June 29, 2001 By: /s/ William Urkiel -------------- ---------------------------- William S. Urkiel, Senior Vice President & Chief Financial Officer INSTRUCTION: The form may be signed by an executive officer of the Registrant or by any other duly authorized representative. The name and title of the person signing the form shall be typed or printed beneath the signature. If the statement is signed on behalf of the Registrant by an authorized representative's authority to sign on behalf of the Registrant shall be filed with the form. ATTENTION -------------------------------------------------------------------------------- Intentional misstatements or omissions of fact constitute Federal Criminal Violations (See 18 U.S.C. 1001). -------------------------------------------------------------------------------- June 29, 2001 Mr. William Urkiel Senior Vice President and Chief Financial Officer IKON Office Solutions, Inc. 70 Valley Stream Parkway Malvern, Pennsylvania 19355 You have furnished us with a copy of your "Notification of Late Filing" on Form 12b-25 dated June 28, 2001. We are in agreement with the comments under Part III of the Form with respect to the reasons why we are unable to furnish our report on the financial statements of IKON Office Solutions, Inc. Retirement Savings Plan on or before the date the Form 11-K of IKON Office Solutions, Inc. Retirement Savings Plan for the year ended December 31, 2000 is required to be filed. Very truly yours, PricewaterhouseCoopers LLP Philadelphia, PA