View:

Download DOC

Download PDF

                        SECURITIES AND EXCHANGE COMMISSION
                              Washington, D.C.  20549




                                    FORM 8-K/A



                                  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 15, 1999
                                                    (November 13, 1999)



                             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)




Registrant's Telephone Number Including Area Code (785) 575-6300









                              WESTERN RESOURCES, INC.

Item 5. Other Events

     On December 2, 1999, Western Resources, Inc. reported a correction to
attachment 2 of its third-quarter results reported in Form 8-K filed on
November 15, 1999.  The Form 8-K filed on November 15, 1999 reported cash flow
per share for Protection One operations as $0.91.  The number should have been
$0.41.  In addition, cash flow before non-operating COLI and non-recurring
events was corrected to $2.33 from $2.83 and total cash flow per share was
$2.55 rather than $3.05.


Item 7.  Financial Statements and Exhibits

     (c) Exhibits

          Exhibit 99.1 - Attachment 2 included in press release dated as of
     November 13, 1999, issued by Western Resources, Inc.






































                               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 December 2, 1999                 By      /s/ William B. Moore
                                        William B. Moore, Executive Vice
                                          President, Chief Financial
                                            Officer and Treasurer


Date December 2, 1999                 By      /s/ Leroy P. Wages
                                          Leroy P. Wages, Controller





























                              EXHIBIT INDEX



Exhibit Number                                 Description of Exhibit

     99.1                                  Attachment 2 included in press
                                            release dated as of November 13,
                                            1999, issued by Western Resources,
                                            Inc.

                                                                  Exhibit 99.1

Attachment 2


                                   THIRD QUARTER PER SHARE RESULTS

                                        WESTERN RESOURCES, INC.


                                       Earnings(1)       Adj. Earnings(2)      Cash Flow(3)
Quarter Ended September 30,           1999     1998       1999      1998       1999     1998
                                                                     
Utility(4)                           $1.28    $1.08      $1.36     $1.16      $1.90    $1.69
ONEOK                                 0.12     0.10       0.12      0.10       0.12     0.10
Protection One                       (0.27)   (0.04)     (0.18)     0.04       0.41     0.44
Other (Net of Interest on
  Unallocated Debt)                  (0.11)   (0.11)     (0.11)    (0.11)     (0.10)   (0.11)
Earnings Before Non-Operating
  COLI and Non-Recurring Events      $1.02    $1.03      $1.19     $1.19      $2.33    $2.12
Western Resources -
  Non-Operating COLI                 (0.02)    0.01      (0.02)     0.01      (0.02)    0.01
  Non-Recurring Events -             (0.02)   (0.02)     (0.02)    (0.02)     (0.02)   (0.02)
Protection One -
  Increased Amortization Expense     (0.32)    0.00      (0.32)     0.00       0.17     0.00
  Non-Recurring Events                0.06     0.06       0.06      0.06       0.09     0.06
     Total Earnings per Share        $0.72    $1.08      $0.89     $1.24      $2.55    $2.17

(1) Line of business reporting does not reflect intercompany eliminations.
(2) Earnings + goodwill amortization.
(3) Earnings + depreciation and amortization.
(4) Interest expense is allocated on $1.9 billion of debt.