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| VTR > SEC Filings for VTR > Form 8-K on 24-Nov-2008 | All Recent SEC Filings |
24-Nov-2008
Other Events, Financial Statements and Exhibits
Ventas, Inc. (the "Company") is re-issuing in an updated format its historical financial statements to satisfy Securities and Exchange Commission ("SEC") requirements as they relate to Statement of Financial Accounting Standards No. 144, "Accounting for the Impairment or Disposal of Long-Lived Assets" ("SFAS No. 144").
In compliance with SFAS No. 144, the Company has reported revenues and expenses from properties sold or held for sale during the first nine months of 2008 as components of discontinued operations for each period presented (including the comparable period of the prior year) in its Quarterly Report on Form 10-Q for the quarter ended September 30, 2008, filed with the SEC on November 5, 2008. Under SEC rules, the same reclassification as discontinued operations is required for previously issued annual financial statements for each of the three years presented in the Company's most recent Annual Report on Form 10-K, if those financial statements are incorporated by reference in subsequent filings with the SEC under the Securities Act of 1933, as amended, even though those financial statements relate to periods prior to the date of sale. This reclassification has no effect on the Company's reported net income available to common stockholders or funds from operations.
This Current Report on Form 8-K updates Items 6, 7 and 8 of, and Exhibit 12 to, the Company's Annual Report on Form 10-K for the year ended December 31, 2007 (the "2007 Form 10-K") to reflect those properties sold or held for sale during the first nine months of 2008 as discontinued operations for all periods presented. All other items of the 2007 Form 10-K remain unchanged. The Company has not made any attempt to update the matters in the 2007 Form 10-K, except to the extent expressly provided above.
(a) Financial Statements of Businesses Acquired.
Not applicable.
(b) Pro Forma Financial Information.
Not applicable.
(c) Shell Company Transactions.
Not applicable.
Exhibit
Number Description
12.1 Statement Regarding Computation of Ratios of Earnings to Fixed
Charges.
23.1 Consent of Ernst & Young LLP.
99.1 2007 Form 10-K:
Item 6. Selected Financial Data;
Item 7. Management's Discussion and Analysis of Financial Condition
and Results of Operations; and
Item 8. Financial Statements and Supplementary Data.
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