SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 12b-25
Commission File Number: 0-14972
NOTIFICATION OF LATE FILING
(Check One): [ ] Form 10-K [ ] Form 11-K [ ]
Form 20-F [ X ] Form 10-Q [ ] Form N-SAR
For Period Ended: June 30, 1994
[ ] Transition Report on Form 10-K
[ ] Transition Report on Form 10-Q
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form N-SAR
[ ] Transition Report on Form 11-K
For the Transition Period Ended:
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
checked above, identify the Item(s) to which the notification
relates:
Part I. Registrant Information
Full name of registrant: IDB COMMUNICATIONS GROUP, INC.
Address of principal executive office: 10525 West Washington
Boulevard
City, State and Zip Code: Culver City, California 90232-1922
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.)
[ ] (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 filled on or before the 15th calendar
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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
[ ](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.)
Registrant was unable to file the subject report in a
timely manner because it is dealing with the effects of issues
raised in connection with its filing on Form 10-Q for the quarter
ended March 31, 1994 and additional accounting policies and procedures
which may affect the subject report. Registrant recently engaged
Arthur Andersen & Co. to assist in this process. Registrant, with
the assistance of Arthur Andersen & Co., is working diligently to
finalize the financial books and records as of June 30, 1994 in
preparation for filing the subject report.
Part IV. Other Information
(1)Name and telephone number of person to contact in
regard to this notification:
Rudy Wann (213) 240-3805
(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?
[X] Yes [ ] No
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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.
IDB COMMUNICATIONS GROUP, INC.
(Name of registrant as specified in charter)
Has caused this notification to be signed on its behalf by the
undersigned thereunto duly authorized.
Date: August 15, 1994 By: /s/ Rudy Wann
--------------------------
Rudy Wann
Vice President, Finance
and Chief Financial
Officer
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Part IV. Item 3.
Registrant anticipates a loss in the second quarter of
1994 due, in part, to an accounting change relating to the
accrual of revenue associated with inbound international
traffic. Registrant is unable to estimate the quantitative
impact of the accounting change because Registrant's results
of operations for the second quarter are not yet finalized.
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