The Form 8-K was filed solely to recast financial information to revise certain related disclosures contained in the 2020 Form 10-K to reflect the Spin-off and to reflect the retrospective changes for all periods presented. The following items of the 2020 Form 10-K are being revised (collectively, the “Revised Sections”) as reflected in Exhibit 99.1 to the Current Report on Form 8-K.
- Part II, Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations;
- Part II, Item 7A. Quantitative and Qualitative Disclosures about Market Risk;
- Part II, Item 8. Financial Statements and Supplementary Data; and
- Part IV, Item 15(a)(2), Financial Statement Schedule.
The disclosures in the Revised Sections were updated to reflect TechnipFMC’s results as if the discontinued operations criteria for its former Technip Energies reportable segment had been met during the periods being presented. Other than Note 25 of Part II, Item 8 "Financial Statements and Supplementary Data," the Revised Sections, including Management’s Discussion and Analysis of Financial Condition and Results of Operations and TechnipFMC’s Business Outlook contained therein, do not reflect events occurring after the filing of the 2020 Form 10-K and do not modify or update the disclosures therein in any way for any information, uncertainties, transactions, risks, events or trends occurring, or known to management, other than as specifically required to reflect the discontinued operations presentation. Other than the Revised Sections filed with the Current Report on Form 8-K, all other information in the 2020 Form 10-K remains unchanged and has not been otherwise updated for events occurring after the filing of the 2020 Form 10-K, and continues to speak only as of the original filing date.
More recent information, including risk factors, is contained in TechnipFMC’s quarterly reports on Form 10-Q for the quarterly periods ended
The Annual Report on Form 10-K includes audited consolidated financial statements prepared under
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