Goodyear’s amended annual report may be delayed

AKRON (Jan. 4)–Goodyear has notified the Securities and Exchange Commission it continues to work on its amended 2003 annual report. Its 2004 annual report potentially could be delayed as a result.

The latest adjustment to the 2003 report involves reaching agreement with South Pacific Tyres–a joint venture with Ansell Ltd. in Australia–covering the proper treatment for a transaction.

Goodyear said Dec. 30 the amount in question is about $8 million relating to a 10-year supply agreement between Goodyear and SPT. The financial statements for SPT are prepared…

To read more,please login or register below.

Register
This is the first step to more free
content, user offers, subscriptions
and more.
Login
Log in here using the Email Address
and Password you signed up with