10-K/A 1 form10ka2.htm FORM 10-K/A (AMENDMENT NO. 2) - MAY 31, 2005 Form 10-K/A (Amendment No. 2 - May 31, 2005

  

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

  

  

  

FORM 10-K/A

(Amendment No. 2)

 

X     ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF
 

THE SECURITIES EXCHANGE ACT OF 1934

For the fiscal year ended May 31, 2005
  

OR
          TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from to

 

Commission File Number 1-7102
  

NATIONAL RURAL UTILITIES COOPERATIVE

FINANCE CORPORATION
 

(Exact name of registrant as specified in its charter)
 

DISTRICT OF COLUMBIA

(State or other jurisdiction of incorporation or organization)
  

52-0891669

(I.R.S. Employer Identification Number)
  

2201 COOPERATIVE WAY, HERNDON, VA 20171

(Address of principal executive offices)

(Registrant's telecommunications number, including area code, is 703-709-6700)
     

Securities registered pursuant to Section 12(b) of the Act:

 

  

  
   

Name of each

     

Name of each

 
   

exchange on

      

exchange on

  

Title of each class

 

which listed

 

Title of each class

 

which listed

 
6.65% Collateral Trust Bonds, due 2005  

NYSE

   7.35% Collateral Trust Bonds, due 2026  

NYSE

  
7.30% Collateral Trust Bonds, due 2006  

NYSE

   6.75% Subordinated Notes, due 2043  

NYSE

  
6.20% Collateral Trust Bonds, due 2008  

NYSE

   6.10% Subordinated Notes, due 2044  

NYSE

  
5.75% Collateral Trust Bonds, due 2008  

NYSE

   5.95% Subordinated Notes, due 2045  

NYSE

  
5.70% Collateral Trust Bonds, due 2010  

NYSE

   7.625% Quarterly Income Capital Securities, due 2050  

NYSE

  
7.20% Collateral Trust Bonds, due 2015  

NYSE

   7.40% Quarterly Income Capital Securities, due 2050  

NYSE

  
6.55% Collateral Trust Bonds, due 2018  

NYSE

          
  
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes X No .
 
Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained to the best of the registrant's knowledge in definitive proxy or information statements incorporated by reference in Part IV of this Form 10-K/A or any amendment to this Form 10-K/A. [ X ]
 
Indicate by check mark whether the registrant is an accelerated filer (as defined in Rule 12b-2 of the Act). Yes No X .
 
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes No X .
The Registrant has no stock.

Explanatory Note
 
We are filing this amendment to National Rural Utilities Cooperative Finance Corporation's ("CFC" or the "Company") Annual Report on Form 10-K for the year ended May 31, 2005 to correct a typographical error in exhibit 23.2, the consent of Ernst & Young LLP dated January 17, 2006, of the Company's Form 10-K/A filed on January 19, 2006.
  

Exhibit 23.2
  

CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
  
We consent to the incorporation by reference in the Registration Statements (Forms S-3 Nos. 333-109365, 333-115248, and 333-109310) of National Rural Utilities Cooperative Finance Corporation and in the related Prospectuses of our report dated July 28, 2004, with respect to the consolidated financial statements of National Rural Utilities Cooperative Finance Corporation as of May 31, 2004 and for the year then ended and the combined financial statements of National Rural Utilities Cooperative Finance Corporation and Rural Telephone Finance Cooperative for the year ended May 31, 2003, included in this Annual Report (Form 10-K/A) for the year ended May 31, 2005.
  
  

/s/ Ernst & Young LLP
  
McLean, Virginia
January 17, 2006

SIGNATURES
  
     Pursuant to the requirements of Section 13 or 15(d) 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, in the County of Fairfax, Commonwealth of Virginia, on the 20th day of January 2006.
  
  NATIONAL RURAL UTILITIES COOPERATIVE
  FINANCE CORPORATION
   
  By:

/s/ Steven L. Lilly

 
   

Steven L. Lilly

  
   

Chief Financial Officer