Business Context and Reporting Period
This Form 6-K filing by James Hardie Industries N.V. (James Hardie) covers the month of September 2007, with the report dated September 19, 2007. 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 specific corporate action regarding share buy-backs filed with the Australian Stock Exchange.
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 referencing an external exhibit rather than a financial results report.
Material Changes
The material change disclosed in this filing relates to a share buy-back program. The filing references "Appendix 3D - Changes relating to buy-back," which was filed with the Australian Stock Exchange on September 14, 2007. No other material financial changes are detailed in the text provided.
Guidance, Outlook, and Risks
The filing includes a comprehensive Safe Harbor Statement regarding forward-looking statements. Management cautions that actual results may differ materially from expectations due to various risks, including:
- Payments to the Asbestos Injuries Compensation Fund (AICF) and the effect of foreign exchange on asbestos provisions.
- Legal proceedings involving the Australian Securities & Investments Commission.
- Renewal of credit facilities.
- Competition, product pricing, and raw material costs.
- Environmental, asbestos, and other legal liabilities.
- General economic conditions and natural disasters.
Specific guidance on future operating results or financial condition is not provided in this text.
Investor Verification Checklist
- Verify the specific details of the share buy-back changes referenced in Appendix 3D filed with the Australian Stock Exchange on September 14, 2007.
- Review the company's Form 20-F filed on July 6, 2007, for detailed risk factors and financial context.
- Monitor updates regarding the Asbestos Injuries Compensation Fund (AICF) payment expectations and foreign exchange impacts.
- Check for any subsequent filings regarding the status of legal proceedings with the Australian Securities & Investments Commission.