Business Context and Reporting Period
This Form 6-K filing by James Hardie Industries N.V. (James Hardie) is dated February 21, 2007. The report serves to disclose a deferral of the company's financial results for the third quarter of fiscal year 2007 (Q3 FY07), which was originally filed with the Australian Stock Exchange on the same date.
Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. The document is a procedural notice regarding the timing of financial disclosures rather than a financial statement itself.
Material Changes
The primary material change disclosed is the deferral of the Q3 FY07 results. No comparative financial data or operational changes are detailed in this specific filing.
Guidance, Outlook, and Risks
The filing includes a Safe Harbor Statement regarding forward-looking statements. Key risks and uncertainties identified include:
- Expectations regarding the timing and amount of payments to the Asbestos Injuries Compensation Fund (AICF).
- The effect of AICF payments on financial statements and foreign exchange impacts on asbestos provisions.
- Compliance with tax laws and environmental regulations.
- Market competition, product pricing, and raw material costs.
- Exposure to legal proceedings related to asbestos, environmental issues, or product defects.
- Implementation of internal controls under Section 404 of the Sarbanes-Oxley Act.
Key Facts for Investor Verification
- James Hardie has deferred the release of its Q3 FY07 financial results.
- The deferral notice was filed with the Australian Stock Exchange on February 21, 2007.
- Investors should monitor subsequent filings for the actual Q3 FY07 financial data and any updates on AICF payment obligations.
- The company highlights significant risks related to asbestos liabilities and foreign exchange fluctuations.