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SECURITIES AND EXCHANGE COMMISSION
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 reported): AUGUST 4, 1997
FLEXTRONICS INTERNATIONAL LTD.
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(Exact name of Registrant as specified in its charter)
SINGAPORE
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(State or other jurisdiction of
incorporation)
0-23354 NOT APPLICABLE
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(Commission (IRS Employer
File Number) Identification No.)
514 CHAI CHEE LANE, #04-13, BEDOK INDUSTRIAL ESTATE, SINGAPORE 469029
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(Address of principal executive offices) (Zip Code)
(65) 449-5255
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(Registrant's telephone number, including area code)
NOT APPLICABLE
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(Former name or former address, if changed since last report)
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AMENDMENT TO CURRENT REPORT ON FORM 8-K FILED AUGUST 11, 1997
This amendment to the registrant's Current Report on Form 8-K, filed on August
11, 1997 is being filed to submit, as Exhibit 16.1 to Item 7 of this report, a
letter from Ernst & Young, the registrant's independent accountant, stating that
it concurs with the statements made by the registrant in Item 4 of this report.
ITEM 4: CHANGE IN REGISTRANT'S CERTIFYING ACCOUNTANT.
(a) On August 1, 1997, the Audit Committee of the Board of Directors of
Flextronics International Ltd. (the "Company") approved the engagement
of Arthur Andersen LLP, San Jose, California as independent public
accountants to audit and report on the financial statements of the
Company and its subsidiaries for the year ended March 31, 1998. This
change is related to the Company's shift of certain financial reporting
functions and the Company's audit relationship to San Jose. On August
4, 1997, the Company informed the firm of Ernst & Young, which had been
serving as independent public accountants for the Company, of its
desire to have Arthur Andersen LLP succeed Ernst & Young as the
Company's independent accountants. On August 5, 1997, Ernst & Young
advised the Company that it will not seek re-election at the Company's
next Annual General Meeting scheduled for September 26, 1997.
Accordingly, the engagement of Ernst & Young will terminate at the time
of the Annual General Meeting. The Company will nominate Arthur
Andersen LLP as the Company's independent public accountants for
approval by the shareholders at the Company's Annual General Meeting.
(b) In connection with its audits for the two most recent years, and
through August 5, 1997, there have been no reportable events or
disagreements with Ernst & Young on any matter of accounting
principles or practices, financial statement disclosure, or auditing
scope or procedure.
(c) Ernst & Young's report on the financial statements for the past two
years contained no adverse opinion or disclaimer of opinion and was not
qualified as to uncertainty, audit scope or accounting principles.
(d) During the two most recent fiscal years, Arthur Andersen LLP, the
independent accountants of the Company to stand for election at the
upcoming Annual General Meeting, has not been consulted regarding: (1)
the application of accounting principles to a specified transaction,
either completed or proposed; (2) the type of audit opinion that might
be rendered on the Company's financial statements; or (3) any matter
that was either the subject of a disagreement or a reportable event.
ITEM 7: FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
Exhibit 16.1 Letter, dated August 14, 1997 from Ernst & Young, the
registrant's independent accountant, regarding its concurrence
with the statements made by the registrant in Item 4 of this
report.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of
1934, Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
FLEXTRONICS INTERNATIONAL LTD.
Date: August 18, 1997 By: /s/ ROBERT R. B. DYKES
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Robert R. B. Dykes
Senior Vice President of Finance and
Administration
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EXHIBIT 16.1
[ERNST & YOUNG LETTERHEAD]
14 August 1997
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Dear Gentlemen:
EXHIBIT 1 TO FORM 8-K
We have read Item 4 of Form 8-K dated August 11, 1997, of Flextronics
International Ltd. and are in agreement with the statements contained in the
third and fourth sentences of the first paragraph and in the second and third
paragraphs on page 2 therein. We have no basis to agree or disagree with other
statements of the registrant contained therein.
Yours faithfully
/s/ Ernst & Young
Ernst & Young
