Business Context and Reporting Period
This Form 6-K filing by James Hardie Industries N.V. (James Hardie) covers the month of March 2008, with the report dated March 26, 2008. The registrant is a foreign private issuer headquartered in Amsterdam, The Netherlands, and files annual reports on Form 20-F. The filing primarily serves to disclose a Change of Director's Interest Notice (Appendix 3Y) filed with the Australian Stock Exchange on March 20, 2008.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This document is a procedural filing regarding a director's interest change and does not contain financial statements or operational results for the period.
Material Changes
No material financial changes versus the prior comparable period are reported in this document. The only disclosed change is the submission of a Change of Director's Interest Notice to the Australian Stock Exchange.
Guidance, Outlook, and Risks
The filing includes a Safe Harbor Statement identifying forward-looking statements and associated risks. Key areas of uncertainty and risk highlighted include:
- Expectations regarding payments to the Asbestos Injuries Compensation Fund (AICF).
- Costs associated with the suspension of operations at the Blandon, Pennsylvania plant.
- Consequences of proceedings brought by the Australian Securities & Investments Commission against the company and former directors.
- Tax liabilities and related proceedings.
- Renewal of credit facilities.
- General economic conditions, raw material costs, and foreign exchange risks.
Management cautions that actual results may differ materially from forward-looking statements due to these factors.
Investor Verification Checklist
- Verify the specific details of the Change of Director's Interest Notice filed on March 20, 2008, referenced in Exhibit 99.1.
- Review the most recent Form 20-F for actual financial performance data, as this 6-K contains no financial metrics.
- Monitor updates regarding the suspension of the Blandon, Pennsylvania plant and associated costs.
- Track developments in proceedings involving the Australian Securities & Investments Commission.
- Assess the status of credit facility renewals and contributions to the AICF.