SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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):
December 6, 1995
KANSAS CITY SOUTHERN INDUSTRIES. INC.
(Exact name of registrant as specified in its charter)
DELAWARE 1-4717 44-0663509
(State or other juris- (Commission file (IRS Employer
diction of incorporation) number) Identification number)
114 West 11th Street, Kansas City, Missouri 64105
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code:
(816) 556-0303
N/A
(Former name or former address if changed since last report)
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Item 5. Other Events
The following schedules present the computations of the Kansas City Southern
Industries, Inc. ("the Company") Historical Ratio of Earnings to Fixed Charges
for the nine months ended September 30, 1995 and 1994, and the computations of
the Company's Pro Forma Ratio of Earnings to Fixed Charges for the nine months
ended September 30, 1995 and the year ended December 31, 1994. The Pro Forma
Ratios of Earnings to Fixed Charges are computed after giving effect to
certain pro forma adjustments to the historical financial statements of the
Company related to the public offering of DST Systems, Inc. common stock and
certain other transactions, as more fully discussed in the Company's September
30, 1995 Form 10-Q, which has been filed with the Commission (File 1-4717) and
is hereby incorporated by reference herein pursuant to Rule 12b-32.
Item 7. Financial Statements and Exhibits
(c) Exhibits
Exhibit No. Document
(99) Additional Exhibits
99.1 Computations of Ratio of Earnings to Fixed Charges
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.
Kansas City Southern Industries, Inc.
Date: December 5, 1995 By: __________________________
Louis G. Van Horn
Comptroller
(Principal Accounting Officer)
Exhibit Index
Exhibit No. Document Page No.
99.1 Computations of Ratio of Earnings to Fixed Charges 2
Page 1 of 2
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KANSAS CITY SOUTHERN INDUSTRIES, INC.
AND SUBSIDIARY COMPANIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES-
EXCLUDING INTEREST ON DEPOSITS OF IFTC
(Dollars in Millions)
<CAPTION>
Nine Months Nine Months
Ended Ended Year Ended
September 30, September 30, December 31,
1995 1994 1995 1994
(Pro Forma) (Pro Forma)
<S> <C> <C> <C> <C>
Earnings:
Pretax Income, excluding
equity in earnings of
unconsolidated affiliates $ 137.5 $ 132.2 $ 96.3 $ 138.9
Interest expense on Indebtedness 59.3 39.7 37.1 37.2
Portion of Rents Representative
of an Appropriate Interest Factor 14.3 12.2 7.9 7.4
Equity in Undistributed Net Earnings
of 50% Owned Affiliates 5.8 12.0 1.5 1.6
Distributed Earnings of Less Than
50% Owned Affiliates 0.1 0.1 -- --
Fixed Charges of
50% Owned Affiliates 0.6 0.7 -- --
Income as Adjusted $ 217.6 $ 196.9 $ 142.8 $ 185.1
Fixed Charges:
Interest Expense on
Indebtedness $ 59.3 $ 39.7 $ 37.1 $ 37.2
Portion of Rents Representative
of an Appropriate Interest Factor 14.3 12.2 7.9 7.4
Fixed Charges of
50% Owned Affiliates 0.6 0.7 -- --
Total Fixed Charges $ 74.2 $ 52.6 $ 45.0 $ 44.6
Ratio of Earnings to
Fixed Charges Excluding
Interest on Deposits of IFTC 2.93 3.74 3.17 4.15
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Page 2 of 2
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KANSAS CITY SOUTHERN INDUSTRIES, INC.
AND SUBSIDIARY COMPANIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES-
INCLUDING INTEREST ON DEPOSITS OF IFTC
(Dollars in Millions)
<CAPTION>
Nine Months
Ended
September 30,
1994
<S> <C>
Earnings:
Pretax Income, excluding
equity in earnings of
unconsolidated affiliates $ 132.2
Interest expense on Indebtedness 39.7
Portion of Rents Representative
of an Appropriate Interest Factor 12.2
Equity in Undistributed Net Earnings
of 50% Owned Affiliates 12.0
Distributed Earnings of Less Than
50% Owned Affiliates 0.1
Fixed Charges of
50% Owned Affiliates 4.1
Income as Adjusted $ 200.3
Fixed Charges:
Interest Expense on Indebtedness $ 39.7
Portion of Rents Representative
of an Appropriate Interest Factor 12.2
Fixed Charges of
50% Owned Affiliates 4.1
Total Fixed Charges $ 56.0
Ratio of Earnings to
Fixed Charges Including
Interest on Deposits of IFTC 3.58
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