886035--3/1/2007--GENERAL_CABLE_CORP

related topics

{debt, indebtedness, cash}

{stock, price, share}

{capital, credit, financial}

{cost, operation, labor}

{cost, regulation, environmental}

{customer, product, revenue}

{tax, income, asset}

{control, financial, internal}

{financial, litigation, operation}

{operation, natural, condition}

{product, market, service}

{acquisition, growth, future}

{cost, contract, operation}

{regulation, change, law}

{personnel, key, retain}

{competitive, industry, competition}

Volatility in the price of copper and other raw materials, as well as fuel and energy, could adversely affect our businesses. Interruptions of supplies from our key suppliers may affect our results of operations and financial performance. Failure to negotiate extensions of our labor agreements as they expire may result in a disruption of our operations. Our inability to continue to achieve productivity improvements may result in increased costs. Changes in industry standards and regulatory requirements may adversely affect our business. Advancing technologies, such as fiber optic and wireless technologies, may make some of our products less competitive. We are substantially dependent upon distributors and retailers for non-exclusive sales of our products and they could cease purchasing our products at any time. In each of our markets, we face pricing pressures that could adversely affect our results of operations and financial performance. If either our uncommitted accounts payable confirming arrangement or our accounts receivable financing arrangement for our European operations is cancelled, our liquidity will be negatively impacted. As a result of market and industry conditions, we may need to close additional plants and reduce our recorded inventory values, which would result in charges against income. We are subject to certain asbestos litigation and unexpected judgments or settlements that could have a material adverse effect on our financial results. Environmental liabilities could potentially adversely impact us and our affiliates. Growth through acquisition has been a significant part of our strategy and we may not be able to successfully identify, finance or integrate acquisitions. Terrorist attacks and other attacks or acts of war may adversely affect the markets in which we operate and our profitability. If we fail to retain our key employees, our business may be harmed. As of December 31, 2004 and 2006, we had material weaknesses in our internal control over financial reporting, therefore our disclosure controls and procedures were deemed ineffective. Declining returns in the investment portfolio of our defined benefit pension plans and changes in actuarial assumptions could increase the volatility in our pension expense and require us to increase cash contributions to the plans. An ownership change could result in a limitation of the use of our net operating losses. Risks Related to Our Debt Our substantial indebtedness could adversely affect our business and financial condition. Failure to comply with covenants in our existing or future financing arrangements could result in cross-defaults under some of our financing arrangements, which cross-defaults could jeopardize our ability to satisfy our obligations. A downgrade in our financial strength or credit ratings could limit our ability to conduct our business or offer and sell additional debt securities, and could hurt our relationships with creditors. Risks Related to Our Securities Our stock has been and continues to be volatile, and our ability to pay dividends on our common stock is limited. Future sales of shares of our common stock may depress its market price.

Full 10-K form ▸

886035--3/1/2007--GENERAL_CABLE_CORP_/DE/