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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
________
FORM 8-K/A
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported) January 29, 2013
_________________________________________________________________________
UNISYS CORPORATION
_________________________________________________________________________
(Exact Name of Registrant as Specified in its Charter)
Delaware 1-8729 38-0387840
_________________________________________________________________________
(State or Other (Commission File Number) (IRS Employer
Jurisdiction of Identification No.)
Incorporation)
801 Lakeview Drive, Suite 100
Blue Bell, Pennsylvania 19422
_________________________________________________________________________
(Address of Principal Executive Offices) (Zip Code)
(215) 986-4011
_________________________________________________________________________
(Registrant's telephone number, including area code)
N/A
_________________________________________________________________________
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions:
\ \ Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
\ \ Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
\ \ Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b)
\ \ Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Item 2.02. Results of Operations and Financial Condition.
On January 29, 2013, Unisys Corporation filed a Current Report on Form
8-K (the "Original 8-K") to furnish, as Exhibit 99 thereto, a news
release reporting its financial results for the quarter and year ended
December 31, 2012.
Unisys is filing this amendment to the Original 8-K to make certain
adjustments in the unaudited Consolidated Statement of Cash Flows for the
year ended December 31, 2012 attached to the press release. These
adjustments had no effect on the company's financial condition or results
of operations. Specifically, the following three line items within the
"Cash flows from operating activities" section have been adjusted as
follows (dollars in millions):
"Decrease in accounts payable and other accrued liabilities" - changed
from $(73.7) to $(98.2)
"Decrease in other liabilities" - changed from $(200.7) to $(69.4)
"Decrease (increase) in other assets" - changed from $121.8 to $15.0
The above adjustments had no effect on "Net cash provided by operating
activities", which remains $261.3 million for the year ended December 31,
2012. All other line items in the Consolidated Statements of Cash Flows
also remain unchanged.
No changes, other than those noted above, have been made to the press
release or its attachments.
The information in this Current Report, including the Exhibit attached
hereto shall not be deemed "filed" for purposes of Section 18 of the
Securities Exchange Act of 1934, as amended, or otherwise subject to the
liabilities of that section. The information contained herein and in the
accompanying Exhibit shall not be incorporated by reference into any
registration statement or other document filed with the Securities and
Exchange Commission by Unisys Corporation, whether before or after the
date hereof, regardless of any general incorporation language in such
filing, except as shall be expressly set forth by specific reference in
such filing.
Item 9.01. Financial Statements and Exhibits.
(d) The following exhibit is being furnished herewith:
99 Unisys Corporation Consolidated Statements of Cash Flows
(Unaudited)
SIGNATURE
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Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
UNISYS CORPORATION
Date: February 7, 2013 By: /s/ Janet B. Haugen
-------------------
Janet B. Haugen
Senior Vice President and
Chief Financial Officer
EXHIBIT INDEX
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Exhibit
No.
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99 Unisys Corporation Consolidated Statements of Cash Flows
(Unaudited)
UNISYS CORPORATION
CONSOLIDATED STATEMENT OF CASH FLOWS
(Unaudited)
(Millions)
Year Ended
December 31
------------------
2012 2011
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Cash flows from operating activities
Consolidated net income $156.8 $141.2
Add (deduct) items to reconcile consolidated net
income to net cash provided by operating activities:
Loss on debt extinguishment 30.6 85.2
Employee stock compensation 14.3 13.9
Company stock issued for U.S. 401(k) plan 6.2 11.8
Depreciation and amortization of properties 54.7 66.4
Depreciation and amortization of
outsourcing assets 57.9 62.7
Amortization of marketable software 62.0 65.7
Disposals of capital assets 6.3 1.4
Gain on sale of businesses and assets (11.7) (2.2)
Decrease in deferred income taxes, net 36.5 28.6
(Increase) decrease in receivables, net (11.2) 92.1
Decrease in inventories 14.2 22.1
Decrease in accounts payable
and other accrued liabilities (98.2) (214.4)
Decrease in other liabilities (69.4) (50.6)
Decrease (increase) in other assets 15.0 (5.9)
Other (2.7) (.8)
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Net cash provided by operating activities 261.3 317.2
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Cash flows from investing activities
Proceeds from investments 4,108.5 691.2
Purchases of investments (4,107.2) (688.2)
Restricted deposits (.6) 50.7
Investment in marketable software (56.4) (51.7)
Capital additions of properties (40.1) (42.2)
Capital additions of outsourcing assets (36.1) (40.5)
Net proceeds from sale of
businesses and assets 5.2 (15.6)
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Net cash used for investing activities (126.7) (96.3)
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Cash flows from financing activities
Proceeds from issuance of preferred stock,
net of issuance costs - 249.7
Payments of long-term debt (388.9) (555.7)
Dividends paid to noncontrolling interests (4.5) (.4)
Dividends paid on preferred shares (16.2) (12.2)
Proceeds from exercise of stock options .4 1.4
Proceeds from issuance of long-term debt 204.8 -
Financing fees - (2.2)
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Net cash used for financing activities (204.4) (319.4)
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Effect of exchange rate changes on cash
and cash equivalents 10.5 (14.9)
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Decrease in cash and cash equivalents (59.3) (113.4)
Cash and cash equivalents, beginning of
period 714.9 828.3
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Cash and cash equivalents, end of period $655.6 $714.9
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