8-K: Current report filing

Published on December 31, 1996


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549

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) December 30, 1996


BALL CORPORATION
(Exact name of registrant as specified in its charter)



Indiana
(State or other jurisdiction of incorporation)



1-7349 35-0160610
(Commission File Number) (IRS Employer Identification No.)



345 South High Street, Muncie, IN 47307-0407
(Address of principal executive office) (Zip Code)


Registrant's telephone number, including area code (317) 747-6100

BALL CORPORATION
FORM 8-K
Dated December 30, 1996


Item 5. Restatement of Financial Statements for Exit of the Commercial Glass
Packaging Business

On October 1, 1996, the company sold its remaining interest in Ball-Foster Glass
Container Co., L.L.C., (Ball-Foster), a joint-venture company formed in 1995, to
Compagnie de Saint-Gobain. With this sale, the company no longer participates in
the manufacture of glass containers. Accordingly, the consolidated financial
statements for the year ended December 31, 1995 and notes thereto, and the
unaudited condensed consolidated financial statements for the nine month period
ended September 29, 1996 and notes thereto, filed as Exhibit 13.1 and Exhibit
13.2, respectively, to this Current Report on Form 8-K and incorporated herein
by reference, have been restated from amounts previously reported to segregate
the financial effects of the commercial glass packaging business as discontinued
operations.


Note: This Current Report on Form 8-K and incorporated exhibits may contain
forward-looking statements as encouraged by the Private Securities Litigation
Reform Act of 1995. Forward-looking statements are necessarily projections which
are subject to change upon the occurrence of certain events which may affect the
business, many of which are set forth in the company's Current Report on Form
8-K filed with the Securities and Exchange Commission on July 16, 1996.



(c) Exhibits.

13.1 Ball Corporation and Subsidiaries
Consolidated Financial Statements
For the year ended December 31, 1995
13.2 Ball Corporation and Subsidiaries
Unaudited Condensed Consolidated Financial Statements
For the nine month period ended September 29, 1996
23.1 Consent of Independent Accountants
27.1 Restated Financial Data Schedule for the year ended December 31, 1995
27.2 Restated Financial Data Schedule for the year ended December 31, 1994
27.3 Restated Financial Data Schedule for the nine month period ended
September 29, 1996
27.4 Restated Financial Data Schedule for the nine month period ended
October 1, 1995
27.5 Restated Financial Data Schedule for the six month period ended
June 30, 1996
27.6 Restated Financial Data Schedule for the six month period ended
July 2, 1995
27.7 Restated Financial Data Schedule for the three month period ended
March 31, 1996
27.8 Restated Financial Data Schedule for the three month period ended
April 2, 1995


See Exhibit Index.


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.

BALL CORPORATION
(Registrant)


By: /s/ R. David Hoover
R. David Hoover
Executive Vice President,
Chief Financial Officer and Treasurer

Date: December 30, 1996



BALL CORPORATION
FORM 8-K
Dated December 30, 1996

EXHIBIT INDEX

Exhibit Description

13.1 Ball Corporation and Subsidiaries
Consolidated Financial Statements
For the year ended December 31, 1995
13.2 Ball Corporation and Subsidiaries
Unaudited Condensed Consolidated Financial Statements
For the nine month period ended September 29, 1996
23.1 Consent of Independent Accountants
27.1 Restated Financial Data Schedule for the year ended December 31, 1995
27.2 Restated Financial Data Schedule for the year ended December 31, 1994
27.3 Restated Financial Data Schedule for the nine month period ended
September 29, 1996
27.4 Restated Financial Data Schedule for the nine month period ended
October 1, 1995
27.5 Restated Financial Data Schedule for the six month period ended
June 30, 1996
27.6 Restated Financial Data Schedule for the six month period ended
July 2, 1995
27.7 Restated Financial Data Schedule for the three month period ended
March 31, 1996
27.8 Restated Financial Data Schedule for the three month period ended
April 2, 1995