SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 18, 2005
Kimco Realty Corporation
(Exact Name of Registrant as Specified in Charter)
Maryland 1-10899 13-2744380
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(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification No.)
3333 New Hyde Park Road
New Hyde Park, New York 11042-0020
(Address of Principal Executive Offices)
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(516) 869-9000
(Registrant's telephone number, including area code)
(Former name of 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 (see General Instruction A.2. Below):
|_| 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
(17CFR 240.14a-12)
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR240.14d-2b))
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))
ITEM 8.01. OTHER EVENTS.
In accordance with the United States Securities and Exchange
Commission's (the "SEC") requirement for transitional disclosure, Kimco Realty
Corporation (the "Company") is re-issuing in an updated format the presentation
of its historical financial statements in accordance with the provisions of
Statement of Financial Accounting Standards No. 144, Accounting for the
Impairment or Disposal of Long-Lived Assets ("SFAS 144").
During the three months ended March 31, 2005, the Company sold and
reclassified as held-for-sale certain properties. In accordance with SFAS 144,
the Company has reported revenues, expenses, gains on disposition and loss on
adjustment of property carrying values from these properties as discontinued
operations for the periods presented in its quarterly report on Form 10-Q filed
on April 29, 2005 for the quarter ended March 31, 2005.
This Current Report on Form 8-K updates Items 6, 7 and 15 (a) 1 of the
Company's 2004 Form 10-K to reflect the revenues and expenses of those
properties sold and reclassified as held-for-sale during the three months ended
March 31, 2005 as discontinued operations for all periods presented. All other
items of the Form 10-K remain unchanged. This reclassification has no effect on
the Company's previously reported net income or net income per common share.
SIGNATURE
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.
Date: July 18, 2005 KIMCO REALTY CORPORATION
(registrant)
By: /s/ Michael V. Pappagallo
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Name: Michael V. Pappagallo
Its: Executive Vice President
and Chief Financial Officer
EXHIBIT INDEX
EXHIBIT NO. DOCUMENT DESCRIPTION
23.1 Consent of Independent Registered Public Accounting Firm
99.1 Selected Financial Data
Management's Discussion and Analysis of Financial Condition and
Results of Operations
Consolidated Financial Statements