UNITED STATES
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
Date of Report (Date of earliest event reported) 10 May 2002
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Air Products and Chemicals, Inc.
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(Exact name of registrant as specified in charter)
Delaware 1-4534 23-1274455
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(State of other jurisdiction (Commission file number) (IRS Identification
of incorporation) number)
7201 Hamilton Boulevard, Allentown, Pennsylvania 18195-1501
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (610) 481-4911
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Item 4. Changes in Registrant's Certifying Accountant.
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The Audit Committee of the Board of Directors of Air Products and
Chemicals, Inc. ("Air Products") annually considers and recommends to the Board
the selection of Air Products' independent public accountants. As recommended by
Air Products' Audit Committee, the Board of Directors on 7 May 2002 decided to
no longer engage Arthur Andersen LLP ("Andersen") as Air Products' independent
public accountants and has engaged KPMG LLP to serve as Air Products'
independent public accountants for the fiscal year ending 30 September 2002.
Andersen's reports on Air Products' consolidated financial statements for
the past two years did not contain an adverse opinion or disclaimer of opinion,
nor were they qualified or modified as to uncertainty, audit scope or accounting
principles.
During Air Products' two most recent fiscal years and through the date of
this Form 8-K, there were no disagreements with Andersen on any matter of
accounting principles or practices, financial statement disclosure or auditing
scope or procedure which, if not resolved to Andersen's satisfaction, would have
caused it to make reference to the subject matter in connection with its report
on Air Products' consolidated financial statements for such years. There were no
reportable events as listed in Item 304(a)(1)(v) of Regulation S-K.
Air Products has provided Andersen with a copy of the foregoing disclosure.
Attached as Exhibit 16 is a copy of Andersen's letter, dated 10 May 2002,
stating its agreement with such statements.
During Air Products' two most recent fiscal years and through the date of
this Form 8-K, Air Products did not consult with KPMG LLP with respect to the
application of accounting principles to a specified transaction, either
completed or posed, or the type of audit opinion that might be rendered on Air
Products' consolidated financial statements, or any other matters or reportable
events listed in Items 304(a)(2)(i) and (ii) of Regulation S-K.
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Item 7. Financial Statements and Exhibits
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c) Exhibits. The following Exhibits are filed with this document.
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Exhibit
Number Description
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16 Letter from Arthur Andersen LLP to the Securities and
Exchange Commission dated 10 May 2002
99 Press Release dated 7 May 2002
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SIGNATURES
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.
Air Products and Chemicals, Inc.
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(Registrant)
Dated: 10 May 2002 By: /s/ Leo J. Daley
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Leo J. Daley
Vice President - Finance
(Chief Financial Officer)
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EXHIBIT INDEX
Exhibit
Number Description
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16 Letter from Arthur Andersen LLP to the Securities and
Exchange Commission dated 10 May 2002
99 Press Release dated 7 May 2002