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): November 6, 2001
WESTERN RESOURCES, INC.
(Exact Name of Registrant as Specified in Its Charter)
KANSAS 1-3523 48-0290150
(State or Other Jurisdiction of (Commission (Employer
Incorporation or Organization) File Number) Identification No.)
818 KANSAS AVENUE, TOPEKA, KANSAS 66612
(Address of Principal Executive Offices) (Zip Code)
(785)-575-6300
(Registrant's Telephone Number Including Area Code)
WESTERN RESOURCES, INC.
Item 7. Financial Statements and Exhibits
(c) Exhibits
Exhibit 99.1 - Financial Plan filed November 6, 2001 with the Kansas
Corporation Commission
Item 9. Regulation FD Disclosure
On November 6, 2001, we filed with the Kansas Corporation Commission
("Commission") the financial plan required by a Commission order issued on July
20, 2001. The principal objective of the financial plan is to reduce our debt by
$100 million to $175 million in the next several months and to below $1.8
billion in the next one to three years. The financial plan proposes an offering
of common stock by Westar Industries, Inc. followed by a sale by us of the
Westar Industries, Inc. common stock we own or the sale of shares of our common
stock. The financial plan explains the reasons we have decided not to pursue
alternative transactions the Commission asked us to consider, such as the sale
of our investments in ONEOK, Inc. and Protection One, Inc.
We are furnishing the information contained in this report, including
the attached financial plan, pursuant to Regulation FD promulgated by the
Securities and Exchange Commission ("SEC"). This information is furnished
pursuant to Item 9 of Form 8-K and shall not be deemed to be "filed" for the
purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise
subject to the liabilities of that section, unless we specifically incorporate
it by reference in a document filed under the Securities Act of 1933 or the
Securities Exchange Act of 1934. By filing this report on Form 8-K and
furnishing this information, we make no admission as to the materiality of any
information in this report that is required to be disclosed solely by reason of
Regulation FD or that the information includes material investor information
that is not otherwise publicly available.
The information contained in this report, including the information
contained in the attached financial plan, is summary information that is
intended to be considered in the context of our SEC filings and other public
announcements that we may make, by press release or otherwise, from time to
time. We disclaim any current intention to revise or update the information
contained in this report, including the information contained in the attached
financial plan, although we may do so from time to time as our management
believes is warranted. Any such updating may be made through the filing of other
reports or documents with the SEC, through press releases or through other
public disclosure.
A copy of the attached financial plan is available for viewing on our
website located at http:\\www.wr.com, although we reserve the right to
discontinue that availability at any time.
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 thereunto duly authorized.
Western Resources, Inc.
Date November 6, 2001 By /s/ Paul R. Geist
----------------- ---------------------------------
Paul R. Geist, Senior Vice
President and Chief Financial
Officer
EXHIBIT INDEX
Exhibit Number Description of Exhibit
99.1 Financial Plan filed November 6, 2001
with the Kansas Corporation Commission