SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
-----------------------------
AMENDMENT NO. 1 ON FORM 10-K/A
(mark one)
[ X ] Annual Report Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934 for the fiscal year ended December 31, 1994
[ ] Transition Report Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
Commission file number 1-8002
THERMO ELECTRON CORPORATION
(Exact name of Registrant as specified in its charter)
Delaware 04-2209186
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
81 Wyman Street, P.O. Box 9046
Waltham, Massachusetts 02254-9046
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (617) 622-1000
Securities registered pursuant to Section 12(b) of the Act:
Name of each exchange
Title of each class on which registered
------------------- -------------------
Common Stock, $1.00 par value New York Stock Exchange
Preferred Stock Purchase Rights
Securities registered pursuant to Section 12(g) of the Act:
None
Indicate by check mark whether the Registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act
of 1934 during the preceding 12 months, and (2) has been subject to the
filing requirements for at least the past 90 days. Yes [ X ] No [ ]
Indicate by check mark if disclosure of delinquent filers pursuant to Item
405 of Regulation S-K is not contained herein, and will not be contained,
to the best of the Registrant's knowledge, in definitive proxy or
information statements incorporated by reference into Part III of this Form
10-K or any amendment to this Form 10-K. [ ]
The aggregate market value of the voting stock held by nonaffiliates of the
Registrant as of January 27, 1995, was approximately $2,200,490,000.
As of January 27, 1995, the Registrant had 51,000,776 shares of Common
Stock outstanding.
DOCUMENTS INCORPORATED BY REFERENCE
Portions of the Registrant's Annual Report to Shareholders for the year
ended December 31, 1994, are incorporated by reference into Parts I and II.
Portions of the Registrant's definitive Proxy Statement for the Annual
Meeting of Shareholders to be held on May 23, 1995, are incorporated by
reference into Part III.
PAGE
<PAGE>
Item 14. Exhibits, Financial Statement Schedules, and Reports on Form 8-K
----------------------------------------------------------------
(c) Exhibits
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Attached is Exhibit 27, the Financial Data Schedule, which was not
previously filed with the Registrant's 1994 Form 10-K on March 8, 1995.
2PAGE
<PAGE>
SIGNATURES
----------
Pursuant to the requirements of the Securities and Exchange Act of
1934, the Registrant has duly caused this report to be signed on its behalf
by the undersigned thereunto duly authorized, on this 21st day of April
1995.
THERMO ELECTRON CORPORATION
Jonathan W. Painter
---------------------------
Jonathan W. Painter
Treasurer
3PAGE
<PAGE>
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THERMO
ELECTRON CORPORATION INC.'S ANNUAL REPORT ON FORM 10-K FOR THE YEAR ENDED
DECEMBER 31, 1994 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1994
<PERIOD-END> DEC-31-1994
<CASH> 382,797
<SECURITIES> 614,915
<RECEIVABLES> 332,668
<ALLOWANCES> 21,619
<INVENTORY> 233,382
<CURRENT-ASSETS> 1,682,684
<PP&E> 793,167
<DEPRECIATION> 179,215
<TOTAL-ASSETS> 3,019,949
<CURRENT-LIABILITIES> 536,500
<BONDS> 1,049,753
<COMMON> 51,025
0
0
<OTHER-SE> 939,315
<TOTAL-LIABILITY-AND-EQUITY> 3,019,949
<SALES> 1,418,306
<TOTAL-REVENUES> 1,585,348
<CGS> 824,845
<TOTAL-COSTS> 949,570<F1>
<OTHER-EXPENSES> 83,401<F2>
<LOSS-PROVISION> 4,255
<INTEREST-EXPENSE> 59,550
<INCOME-PRETAX> 203,603
<INCOME-TAX> 69,231
<INCOME-CONTINUING> 103,410
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 103,410
<EPS-PRIMARY> 2.10
<EPS-DILUTED> 1.85
<FN>
<F1>THIS LINE IS MADE UP OF THE FOLLOWING INCOME STATEMENT ACCOUNTS: "COST OF
PRODUCTS", "COST OF SERVICES", AND "RESEARCH AND DEVELOPMENT CONTRACTS".
<F2>THIS LINE IS MADE UP OF THE FOLLOWING INCOME STATEMENT ACCOUNTS: "COSTS
ASSOCIATED WITH DIVISIONAL AND PRODUCT RESTRUCTURING", "INTERNALLY FUNDED
RESEARCH AND DEVELOPMENT" AND "OTHER EXPENSES FOR NEW LINES OF BUSINESS".
</FN>
</TABLE>
