SEC FILE NUMBER
1-10176
CUSIP NUMBER
589395 10 2
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
(Check One) / / Form 10-K / / Form 20-F / / Form 11-K /X/ Form 10-Q
/ / Form N-SAR
For Period Ended: September 30, 1997
[ ] 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: __________________________
Read Instruction (on back page) 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: N/A
___________________________________________________________________________
PART I - REGISTRANT INFORMATION
Mercury Finance Company
Full Name of Registrant
Former Name if Applicable: N/A
100 Field Drive
Address of Principal Executive Office (Street and Number)
Lake Forest, IL 60045
City, State and Zip Code
PART II - RULES 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 box if appropriate)
/X/ (a) The reasons described in reasonable detail in Part III of this form
could not be eliminated without unreasonable effort or expense;
(b) The subject annual report, semi-annual report, transition report on
Form 10-K, Form 20-F, 11-K, Form N-SAR, or portion thereof, will be
filed on or before the fifteenth 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
(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 the Form 10-K, 11-K, 10-Q, N-
SAR, or the transition report or portion thereof, could not be filed within the
prescribed time period. (Attach Extra Sheets if Needed)
The subject report on Form 10-Q could not be filed within the prescribed
time period because of burdens placed on management and the inability to
determine certain information, resulting from the accounting irregularities and
related matters previously described in the Registrant's Current Reports on Form
8-K on January 29, 1997, February 18, 1997, and April 23, 1997. Although the
Registrant will attempt to file the Form 10-Q on or before the fifth calendar
day following the prescribed due date, it is highly unlikely that the Form 10-Q
will be filed by such date. The precise filing date remains uncertain.
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
William A. Brandt, Jr. (847) 295-8600
(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 reports) been filed? If answer is
no, identify report(s).
\ \ Yes \X\ No
The Registrant's Annual Report on Form 10-K for the fiscal year ended
December 31, 1996, the Quarterly Reports for the quarters ended March 31,
1997, and June 30, 1997, have not yet been filed.
(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
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.
As previously described in the Registrant's Current Report on Form
8-K on November 7, 1997, results of operations for fiscal 1996 have been
adjusted from those previously announced. As a result of the accounting
irregularities, additional loan loss reserves, and other matters, the effect of
those adjustments on the previously reported results of operations for each
quarter within fiscal 1996 is being analyzed and is not known at this time.
However, the results of operations for the third quarter of fiscal 1997 will
reflect a material decline in operating earnings from the results originally
reported for the third quarter of fiscal 1996.
Mercury Finance Company
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date: November 17, 1997 By: /s/ Patrick O'Malley
Patrick O'Malley
Assistant Secretary
INSTRUCTION: The form may be signed by an executive officer of the registrant
or by any other duly authorized representation. The name and title of the
person signing the form shall be typed or printed beneath the signature. If the
statement is signed on behalf of the registrant by an authorized representative
(other than an executive officer), evidence of the representative's authority to
sign on behalf of the registrant shall be filed with the form.
ATTENTION
Intentional misstatements or omissions of fact constitute
Federal Criminal Violations (See 18 U.S.C. 1001).
GENERAL INSTRUCTIONS
1. This form is required by Rule 12b-25 (17 CFR 240.12b-25) of the General
Rules and Regulations under the Securities Exchange Act of 1934.
2. One signed original and four conformed copies of this form and amendments
thereto must be completed and filed with the Securities and Exchange
Commission, Washington, D.C. 20549, in accordance with Rule 0-3 of the
General Rules and Regulations under the Act. The information contained in
or filed with the form will be made a matter of public record in the
Commission files.
3. A manually signed copy of the form and amendments thereto shall be filed
with each national securities exchange on which any class of securities of
the registrant is registered.
4. Amendments to the notifications must also be filed on form 12b-25 but need
not restate information that has been correctly furnished. The form shall
be clearly identified as an amended notification.
