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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
JANUARY 6, 2004
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(Date of Earliest Event Reported)
CRESCENT REAL ESTATE EQUITIES COMPANY
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(Exact Name of Registrant as Specified in its Charter)
TEXAS 1-13038 52-1862813
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(State of Incorporation) (Commission File (I.R.S. Employer
Number) Identification Number)
777 MAIN STREET, SUITE 2100, FORT WORTH, TX 76102
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(Address of Principal Executive Offices) (Zip Code)
(817) 321-2100
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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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ITEM 5. OTHER EVENTS
In accordance with the requirements of SFAS No. 144, Crescent Real Estate
Equities Company (the "Company") has updated its previously filed audited
consolidated financial statements to reclassify the results of operations of,
and any gains or losses recognized on, assets initially designated as held for
sale during the nine months ended September 30, 2003, as "Discontinued
operations - net income and gain on assets sold and held for sale" in the
Company's audited Consolidated Statements of Operations for each of the three
years in the period ended December 31, 2002, and to reclassify the carrying
value of such assets as Properties held for disposition, net" in its audited
Consolidated Balance Sheets as of December 31, 2002 and 2001.
The Company is filing this Form 8-K to make its updated, audited consolidated
financial statements, including the notes thereto, publicly available and to
update the disclosures in 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 of the Company's Annual
Report on Form 10-K for the year ended December 31, 2002 to reflect the changes
in such financial statements, with each of Items 6, 7 and 8 presented in their
entirety. All other portions of the Company's Annual Report on Form 10-K for the
year ended December 31, 2002 are unchanged, and none of the other information
contained in such Form 10-K has been updated.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA INFORMATION AND EXHIBITS.
(a) Not applicable.
(b) Not applicable.
(c) Exhibits:
EXHIBIT NO. DESCRIPTION
23.1 Consent of Ernst & Young LLP
23.2 Consent of Ernst & Young LLP
99.1 Updated disclosures in Items 6, 7 and 8 of the Company's
Annual Report on Form 10-K for the year ended December 31,
2002
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 hereunto duly authorized.
CRESCENT REAL ESTATE EQUITIES COMPANY
Dated: January 7, 2004 By: /s/ JERRY R. CRENSHAW, JR.
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Name: Jerry R. Crenshaw, Jr.
Title: Executive Vice President and
Chief Financial Officer
INDEX TO EXHIBITS
EXHIBIT NO. DESCRIPTION
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23.1 Consent of Ernst & Young LLP
23.2 Consent of Ernst & Young LLP
99.1 Updated Items 6, 7 and 8 of the Company's Annual Report on
Form 10-K for the year ended December 31, 2002