James Hardie Industries N.V. Form 6-K Summary
Business Context and Reporting Period
This Form 6-K, filed on July 2, 2004, serves as a report of a foreign private issuer for James Hardie Industries N.V. The filing primarily acts as a conduit to submit the company's Netherlands Accounts for the fiscal year ended March 31, 2004, which were previously filed with the Australian Stock Exchange on June 28, 2004.
Key Financial Metrics
The filing text provided does not contain specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These figures are contained within the attached Exhibit 99.1 (Netherlands Accounts), the content of which is not included in the source text.
Material Changes
The document does not provide a comparative analysis of material changes versus the prior period. It only references the submission of the annual accounts for the year ended March 31, 2004.
Guidance, Outlook, and Risks
The filing includes a Safe Harbor Statement regarding forward-looking statements. Management cautions that actual results may differ materially from expectations due to several risks, including:
- Competition and product pricing in operating markets.
- General economic and market conditions.
- Compliance with environmental and health and safety laws.
- Dependence on cyclical construction markets.
- Supply and cost of raw materials.
- Reliance on a small number of product distributors.
- Consequences of product failures or defects.
- Exposure to environmental or other legal proceedings.
- Risks associated with international business operations.
Investor Verification Checklist
- Verify the specific financial results (revenue, net income, cash flow) in the attached Exhibit 99.1 (Netherlands Accounts for y/e March 31, 2004).
- Confirm the filing date of the underlying accounts with the Australian Stock Exchange (June 28, 2004).
- Review the full text of the Netherlands Accounts for details on debt levels and liquidity not present in this summary.
- Assess the impact of the listed risk factors on the company's cyclical construction market exposure.