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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
Commission File Number 0-9787
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(Check One):
[ ] Form 10-K [X] Form 11-K [ ] Form 20-F [ ] Form 10-Q [ ] Form N-SAR
For Period Ended December 31, 1995
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[ ] Transition Report on Form 10-K
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q
[ ] Transition Report on Form N-SAR
For the Transition Period Ended
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READ ATTACHED INSTRUCTION SHEET BEFORE PREPARING FORM. PLEASE PRINT OR TYPE.
Nothing in this form shall be construed to imply that the Commission has
verified any information contained herein.
If the notification relates to a portion of the filing check above, identify
the item(s) to which the notification relates:
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PART I - REGISTRANT INFORMATION
Republic Industries, Inc. Retirement Savings Plan
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Full Name of Registrant
Republic Waste Industries, Inc. Retirement Savings Plan
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Former Name if Applicable
200 East Las Olas Blvd., Suite 1400, Fort Lauderdale, Florida 33301
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Address of Principal Executive Office (Street and Number)
PART II - RULE 12b-25(b) and (c)
If the subject report could not be filed without unreasonable effort or
expense and the registrant seeks relief pursuant to Rule 12b-25(b), the
following should be completed. (Check appropriate box)
[x] (a) The reasons described in reasonable detail in Part III of this
form could not be eliminated without unreasonable effort or expense;
[x] (b) The subject annual report, semi-annual report, transition
report on Form 10-K, 20-F, 11-K or Form N-SAR, or portion thereof will be filed
on or before the 15th calendar day following the prescribed due date; or the
subject quarterly report or transition report on Form 10-Q, or portion thereof
will be filed on or before the fifth calendar day following the prescribed due
date; and
[x] (c) The accountant's statement or other exhibit required by Rule
12b-25(c) has been attached if applicable.
PART III - NARRATIVE
State below in reasonable detail the reasons why Form 10-K, 11-K, 20-F,
10-Q, N-SAR or the transition report portion thereof could not be filed within
the prescribed time period. (Attach extra sheets if needed.)
Recently, the Republic Industries, Inc. Retirement Savings Plan (the
"Plan"), engaged Merrill Lynch Pierce, Fenner & Smith Incorporated ("Merrill
Lynch") as its new Plan administrator. Due to such change in Plan
administrators, and the related transfer of documentation and information
between the prior Plan administrator and Merrill Lynch, there have been delays
in preparing certain of the documentation necessary for the Plan's certified
public accountants, Arthur Andersen LLP, to complete its audit of the Plan's
financial statements in accordance with ERISA. As a result of such delays,
additional time is necessary for Arthur Andersen LLP to complete its audit
procedures. As a plan subject to ERISA, the Plan's Annual Report on Form 11-K
would be required to be filed with the Commission within 180 days after the
Plan's fiscal year end in accordance with General Instruction A to Form 11-K.
The Plan's Form 11-K will be filed with the Commission on or before the
fifteenth calendar day following the prescribed due date.
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PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification.
Christopher S. Morter (954) 627-6000
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(Name) (Area Code) (Telephone Number)
(2) Have all other periodic reports required under Section 13 or 15(d) of
the Securities Exchange Act of 1934 or Section 30 of the Investment
Company Act of 1940 during the preceding 12 months or for such
shorter period that the registrant was required to file such report(s)
been filed? If the answer is no, identify report(s).
[X] Yes [ ] No
(3) Is it anticipated that any significant change in results of operations
from the corresponding period for the last fiscal year will be
reflected by the earnings statements to be included in the subject
report or portion thereof?
[ ] Yes [X] No
If so: attach an explanation of the anticipated change, both
narratively and quantitatively, and, if appropriate, state the reasons
why a reasonable estimate of the results cannot be made.
The Republic Industries, Inc. Retirement Savings Plan
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(Name of Registrant as Specified in Charter)
Has caused this notification to be signed on its behalf by the
undersigned thereunto duly authorized.
Date: July 1, 1996 By: /s/ Courtland D. Peddy
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Courtland D. Peddy
Title: Vice President and Plan Administrator
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Exhibit A
Statement of Arthur Andersen LLP
In connection with the conduct of its audit of the financial statements
for the year ended December 31, 1995 for the Republic Industries, Inc.
Retirement Savings Plan (the "Plan"), the undersigned is unable to provide its
opinion on such financial statements on or prior to July 1, 1996 because the
undersigned has not received all documentation necessary from the Plan's
administrator to enable completion of the audit.
/s/ ARTHUR ANDERSEN LLP
ARTHUR ANDERSEN LLP
Fort Lauderdale, Florida,
July 1, 1996.
