-----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, S8es+j2rRkz984g4+aci8KoJy5M8cumoNgBhtIuRCGDyxxzSTZbJaIGyDjdWZPsp s/m/HpbOXQ0R0wm4nNHShA== 0000809933-99-000017.txt : 19991117 0000809933-99-000017.hdr.sgml : 19991117 ACCESSION NUMBER: 0000809933-99-000017 CONFORMED SUBMISSION TYPE: 10-K/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19990731 FILED AS OF DATE: 19991115 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ECOLOGY & ENVIRONMENT INC CENTRAL INDEX KEY: 0000809933 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-ENGINEERING SERVICES [8711] IRS NUMBER: 160971022 STATE OF INCORPORATION: NY FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 10-K/A SEC ACT: SEC FILE NUMBER: 001-09065 FILM NUMBER: 99755554 BUSINESS ADDRESS: STREET 1: 368 PLEASANTVIEW DR CITY: LANCASTER STATE: NY ZIP: 14086 BUSINESS PHONE: 7166848060 MAIL ADDRESS: STREET 1: 368 PLEASANTVIEW DRIVE CITY: LANCASTER STATE: NY ZIP: 14086 10-K/A 1 FORM 10-K/A FOR THE PERIOD ENDING JULY 31, 1999 SECURITIES & EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ----------------------- F O R M 10-K/A ----------------------- [X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended July 31, 1999 or [ ] TRANSITION REPORT REQUIRED PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to ______________. Commission file number: 1-9065 Ecology and Environment, Inc. (Exact name of registrant as specified in its charter) NEW YORK 16-0971022 - ------------------------------- ------------------- (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 368 Pleasant View Drive, Lancaster, New York 14086 - -------------------------------------------- ---------- (Address of principal executive offices) (Zip Code) Registrant's telephone number including area code: (716) 684-8060 Securities registered pursuant to Section 12(b) of the Act: Title of Each Class Name of Exchange on Which Registered ------------------------ ------------------------------------ Class A Common Stock, American Stock Exchange, Inc. par value $.01 per share Securities registered pursuant to Section 12(g) of the Act. None ---------------- (Title of Class) Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes X No ___ Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendments to this Form 10-K. ____ As of September 30, 1999, 2,197,142 shares of the registrant's Class A Common Stock, $.01 par value (the "Class A Common Stock") were outstanding, and the aggregate market value (based on the closing price as quoted by the American Stock Exchange on September 30, 1999) of the Class A Common Stock held by nonaffiliates of the registrant was approximately $9,633,151. As of the same date, 1,768,728 shares of the registrant's Class B Common Stock, $.01 par value ("Class B Common Stock") were outstanding. EXPLANATION OF FIRST AMENDMENT The Registrant, Ecology and Environment, Inc., (the "Company" or "EEI"), filed a Form 10-K on October 29, 1999 with the Securities and Exchange Commission, (the "SEC"). The Consolidated Statement of Cash Flows in Item 8 located on Page 21 of that form is hereby amended as shown in this First Amendment. All other Items remain unchanged from the previously filed Form 10-K. Ecology and Environment, Inc. Consolidated Statement of Cash Flows
Year ended July 31, 1999 1998 1997 ----------- ---------- ---------- Cash flows from operating activities: Net income $ 287,661 $ 470,703 $ 113,071 Adjustments to reconcile net income to net cash provided by (used in) operating activities: Depreciation 1,394,766 1,465,904 1,585,562 (Gain) loss on disposition of property and equipment 15,767 --- (1,225) Minority interest in Aquaculture Facility 211,651 --- --- Net foreign exchange loss 167,958 75,668 11,735 Provision for contract adjustments 606,875 661,925 112,925 (Increase) decrease in: - contracts receivable, net (1,712,993) 2,735,269 (2,398,046) - other current assets 267,059 (364,509) 5,107 - income taxes receivable 181,554 --- --- - other non-current assets (41,997) (62,411) 47,870 Increase (decrease) in: - accounts payable 389,818 678,850 (560,508) - accrued payroll costs (934,594) (540,685) (404,081) - other accrued liabilities (144,830) 1,439,091 101,151 - income taxes payable --- (184,583) 184,583 ----------- ----------- ----------- Net cash provided by (used in) operating activities 688,694 6,375,222 (1,201,856) ----------- ----------- ----------- Cash flows used in investing activities: Purchase of property, building and equipment, net (3,215,322) (1,543,118) (977,046) Proceeds from sale of assets 128,359 --- 1,225 Payment for the purchase of bond (693,914) (3,052,854) (1,210,761) Proceeds from maturity of notes 1,685,000 2,222,293 200,000 Proceeds from sale of investment securities 1,242,172 136,972 498,882 Investment in China Joint Venture --- (21,637) (148,396) ----------- ----------- ----------- Net cash used in investing activities (853,705) (2,258,344) (1,636,096) ----------- ----------- ----------- Cash flows used in financing activities: Dividends paid (1,268,598) (1,265,480) (1,265,174) Repayment of long-term debt (37,500) (54,166) (87,500) Net proceeds from issuance of common stock 67,285 115,034 --- Purchase of Treasury Stock (13,458) --- (175,000) ----------- ----------- ----------- Net cash used in financing activities (1,252,271) (1,204,612) (1,527,674) ----------- ----------- ----------- Net increase (decrease) in cash and cash equivalents (1,417,282) 2,912,266 (4,365,626) Cash and cash equivalents at beginning of period 6,627,164 3,714,898 8,080,524 ----------- ----------- ----------- Cash and cash equivalents at end of period $5,209,882 $6,627,164 $3,714,898 =========== =========== =========== The accompanying notes are an integral part of these financial statements.
SIGNATURE Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, ECOLOGY AND ENVIRONMENT, INC. has duly caused this Annual Report to be signed on its behalf by the undersigned hereunto duly authorized: Dated: November 15, 1999 ECOLOGY AND ENVIRONMENT, INC. By: /s/ Gerhard J. Neumaier ------------------------------- Gerhard J. Neumaier, President -----END PRIVACY-ENHANCED MESSAGE-----