SEC Filing Summary: Zimmer Holdings, Inc. Savings and Investment Program
Business Context and Reporting Period
This Form 8-K was filed on April 22, 2005, by the Zimmer Holdings, Inc. Savings and Investment Program (the "Program"). The filing reports a change in the Program's independent registered public accounting firm. The registrant is a Delaware entity with principal executive offices in Warsaw, Indiana.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This document is a disclosure of an administrative change regarding the audit firm and does not contain financial performance data for the Program.
Material Changes
- Dismissal of Previous Accountant: On April 22, 2005, the Audit Committee dismissed PricewaterhouseCoopers LLP ("PwC") as the independent registered public accounting firm.
- Retention of New Accountant: On the same date, the Committee retained Crowe Chizek and Company LLC as the new independent registered public accounting firm.
- Audit History: PwC's reports for the years ended December 31, 2003, and 2002, contained no adverse opinions, disclaimers, or qualifications regarding uncertainty, audit scope, or accounting principles.
- Disagreements: There were no disagreements with PwC on accounting principles, practices, disclosures, or auditing scope/procedures during the relevant periods.
- Reportable Events: No reportable events occurred during the years ended December 31, 2003 and 2002, or through April 22, 2005.
Guidance, Outlook, and Risks
The filing contains no guidance, outlook, or management commentary regarding future financial performance. No risks or contingencies related to the Program's operations were disclosed in this text. The change in accountant was a decision made by the Audit Committee without prior consultation with the new firm regarding accounting principles or potential audit opinions.
Investor Verification Checklist
- Verify the effective date of the transition from PwC to Crowe Chizek and Company LLC (April 22, 2005).
- Confirm that PwC's letter to the SEC (Exhibit 16.1, dated May 20, 2005) agrees with the statements regarding the lack of disagreements.
- Ensure no undisclosed reportable events or disagreements existed prior to the dismissal of PwC.
- Note that this filing pertains specifically to the Savings and Investment Program, not the broader Zimmer Holdings, Inc. operating results.