Business Context and Reporting Period
This Form 8-K is filed by Merrill Lynch Depositor, Inc. on behalf of INDEXPLUS Trust Series 2003-1. The report covers the event date of December 20, 2011, with the filing signed on December 28, 2011. The registrant is a Delaware corporation with principal executive offices in New York, NY.
Key Financial Metrics
The filing does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. The report is a notification of a distribution event rather than a comprehensive financial statement. Sections 1 through 7 and 9(a)-(c) are explicitly marked as "Not applicable."
Material Changes
The primary material event reported is the distribution to holders of the INDEXPLUS Trust Certificates Series 2003-1 on December 20, 2011. No other material changes to business operations, securities trading, or corporate governance are reported in this document.
Outlook, Risks, and Contingencies
- Underlying Securities: The trust holds securities from various issuers including The Boeing Company, Citigroup Inc., Ford Motor Company, General Electric Capital Corporation, Johnson & Johnson, Time Warner Inc., and the United States Department of Treasury, among others.
- Due Diligence Disclaimer: The depositor and trustee did not participate in the preparation of the underlying issuers' reports and made no due diligence inquiry or investigation into the financial condition or creditworthiness of the underlying securities issuers.
- Investor Responsibility: Investors are advised to obtain and evaluate information concerning the underlying securities issuers as if investing directly in them. There is no assurance that undisclosed events have not occurred that would affect the accuracy of publicly available documents.
Key Facts for Investor Verification
- Verify the specific amount of the distribution made on December 20, 2011, by reviewing the attached Trustee's Report (Exhibit 99.1), as the 8-K text does not state the dollar value.
- Review the periodic reports (10-K, 10-Q, 8-K) of the underlying issuers listed in the filing to assess their current financial health and creditworthiness.
- Confirm the status of the INDEXPLUS Trust Series 2003-1 certificates, as this filing indicates an active distribution event for this specific series.