S E C U R I T I E S A N D E X C H A N G E C O M M I S S I O N
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 report): February 16, 1995.
M. A. HANNA COMPANY
(Exact name of Registrant as specified in its charter)
Delaware 1-5222 34-0232435
(State or other (Commission File (IRS Employer
jurisdiction of Number) Identification No.)
incorporation)
Suite 36-5000, 200 Public Square, Cleveland, Ohio 44114-2304
Address of Principal Executive Offices
Registrant's telephone number, including area code:
(216) 589-4000
_____________________________________________________________________
(Former name or former address, if changed since last report)
Item 4. Change in Registrant's Certifying Accountants
(a) Previous independent accountants
M.A. Hanna Company (the "Company") has appointed Price Waterhouse LLP,
replacing Ernst & Young LLP, who was dismissed on February 16, 1995,
as its independent public accounting firm.
The reports of Ernst & Young LLP on the financial statements for the
past two fiscal years contained no adverse opinion or disclaimer of
opinion and were not qualified or modified as to uncertainty, audit
scope or accounting principle except for the change in the method of
accounting for post-retirement benefits other than pensions and income
taxes in 1992.
The Company's Audit Committee participated in and approved the decision
to change independent accountants.
In connection with its audits for the two most recent fiscal years and
through February 16, 1995, there have been no disagreements with Ernst &
Young LLP on any matter of accounting principles or practices, financial
statement disclosure, or auditing scope or procedure, which
disagreements if not resolved to the satisfaction of Ernst & Young LLP
would have caused them to make reference thereto in their report on the
financial statements for such years.
During the two most recent fiscal years and through February 16, 1995,
there have been no reportable events (as defined in Regulation S-K Item
304(a)(1)(v)).
The Company has requested that Ernst & Young LLP furnish it with a
letter addressed to the SEC stating whether or not it agrees with the
above statements. A copy of such letter, dated March 8, 1995 is filed
as Exhibit 16 to this Form 8-K/A.
(b) New independent accountants
The Company engaged Price Waterhouse LLP as its new independent
accountants as of February 16, 1995. During the two most recent fiscal
years and through February 16, 1995, the Company has not consulted with
Price Waterhouse LLP on items which were or should have been subject to
SAS 50 or concerned the subject matter of a disagreement or reportable
event with the former auditor, (as described in Regulation S-K Item
304(a)(2)).
Item 7. Financial Statements and Exhibits
(c) The following exhibits are filed herewith.
16. Letter re change of certifying accountant.
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 thereunto duly authorized.
M.A. HANNA COMPANY (Registrant)
_________________________________
/s/ Thomas E. Lindsey
Thomas E. Lindsey
Controller
(Principal Accounting Officer)
March 8, 1995
EXHIBIT 16 TO FORM 8-K/A
March 8, 1995
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington D.C. 20549
Gentlemen:
We have read Item 4 of Form 8-K/A dated March 8, 1995, of M.A. Hanna
Company and are in agreement with the statement in the first paragraph on
page two that we have been dismissed as M.A. Hanna's independent public
accounting firm and are also in agreement with the statements contained in
the second, fourth and fifth paragraphs on page two therein. We have no
basis to agree or disagree with other statements of the registrant
contained therein.
Sincerely,
/s/ Ernst & Young LLP
Ernst & Young LLP
