SC 13G/A: Schedule filed to report acquisition of beneficial ownership of 5% or more of a class of equity securities by passive investors and certain institutions
Published on February 7, 2003
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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13G
(RULE 13D-102)
INFORMATION TO BE INCLUDED IN STATEMENTS
FILED PURSUANT TO RULES 13D-1(B), (C) AND (D) AND
AMENDMENTS THERETO FILED PURSUANT TO RULE 13D-2(B)
(AMENDMENT NO. 4)(1)
RESMED INC
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(Name of Issuer)
COMMON STOCK
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(Title of Class of Securities)
761152107
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(CUSIP Number)
DECEMBER 31, 2002
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
|_| Rule 13d-1(b)
|X| Rule 13d-1(c)
|_| Rule 13d-1(d)
(1) The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
*SEE INSTRUCTIONS BEFORE FILLING OUT!
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2 See Item 4(a).
2
*SEE INSTRUCTIONS BEFORE FILLING OUT!
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ITEM 1(a). Name of Issuer:
ResMed Inc
ITEM 1(b). Address of Issuer's Principal Executive Offices:
14040 Danielson St.
Poway CA 92064-6857
ITEM 2(a). Name of Person Filing:
Commonwealth Bank of Australia
ITEM 2(b). Address of Principal Business Office or, if none, Residence:
48 Martin Place, Level 2
Sydney NSW 1155
ITEM 2(c). Citizenship:
Australia
ITEM 2(d). Title of Class of Securities:
Common Stock
ITEM 2(e). CUSIP Number:
761152107
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(b) OR RULE
13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A:
(a) [ ] Broker or dealer registered under section
15 of the Act (15 U.S.C. 78o).
(b) [ ] Bank as defined in section 3(a)(6) of the
Act (15 U.S.C. 78c).
(c) [ ] Insurance company as defined in section
3(a)(19) of the Act (15 U.S.C. 78c).
(d) [ ] Investment company registered under
section 8 of the Investment Company Act of
1940 (15 U.S.C 80a-8).
(e) [ ] An investment adviser in accordance with
Rule 13d-1(b)(1)(ii)(E);
(f) [ ] An employee benefit plan or endowment fund
in accordance with Rule
13d-1(b)(1)(ii)(F);
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(g) [ ] A parent holding company or control person
in accordance with
ss.240.13d-1(b)(1)(ii)(G);
(h) [ ] A savings associations as defined in
Section 3(b) of the Federal Deposit
Insurance Act (12 U.S.C. 1813);
(i) [ ] A church plan that is excluded from the
definition of an investment company under
section 3(c)(14) of the Investment Company
Act of 1940 (15 U.S.C. 80a-3);
(j) [ ] Group, in accordance with Rule
13d-1(b)(1)(ii)(J).
ITEM 4. OWNERSHIP.
Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.
(a) Amount beneficially owned:
3,157,415 as represented by 31,574,157 CHESS Depositary
Interests(3)
(b) Percent of class:
9.59%
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(3) The first Reporting Person, the Commonwealth Bank of Australia ("CBA")
beneficially owns 31,574,157 CHESS Depository Interests ("CDIs") with such CDIs
representing 3,157,415 shares of Common Stock of ResMed Inc. The CDIs are traded
on the Australian Stock Exchange (the "ASX"). Except as specified below, the
CDIs of ResMed Inc were acquired on the ASX by Colonial First State Investment
Group Limited ("Colonial First State"), Commonwealth Investment Services Limited
("CISL") and Commonwealth Funds Management Limited ("CFML"), all of which are
wholly owned subsidiaries of CBA (collectively the "CBA Fund Managers"). The CBA
Fund Managers hold the CDIs for clients who have shared voting and dispositive
power with the CBA Fund Managers over the CDIs. Colonial First State, as the
responsible entity under Australian law of the "First Choice" funds, has
outsourced, to external managers unrelated to CBA, certain voting and
dispositive functions over securities acquired by these external managers and
held in these funds, including ResMed Inc. CDIs. Under these outsourcing
arrangements, external managers unrelated to CBA have acquired 743,851 CDIs,
representing 74,385 shares of Common Stock of ResMed Inc, on behalf of Colonial
First State.
The second Reporting Person, Colonial First State, beneficially owns
27,877,859 CDIs (including 743,857 CDIs acquired by external managers unrelated
to CBA on behalf of Colonial First State) with such CDIs representing 2,787,785
shares of Common Stock of ResMed Inc. CISL beneficially owns 3,491,661 CDIs with
such CDIs representing 349,166 shares of Common Stock of ResMed Inc. CISL, as
the responsible entity under Australian law of certain funds of "Commonwealth
Investment Management" funds, has outsourced, to Commonwealth Life Limited
("CLL") and Commonwealth Managed Investments Limited ("CMIL"), both wholly owned
subsidiaries of CBA, certain voting and dispositive functions over securities
acquired by CLL and CMIL and held in these funds, including ResMed Inc CDIs.
Under these outsourcing arrangements, CMIL has acquired 1,828,763 CDIs, with
such CDIs representing 182,876 shares of Common Stock of ResMed Inc, on behalf
of CISL, and CLL has acquired 877,950 CDIs, with such CDIs representing 87,795
shares of Common Stock of ResMed Inc, on behalf of CISL. CFML beneficially owns
204,637 CDIs with such CDIs representing 20,463 shares of Common Stock of ResMed
Inc.
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(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
0
(ii) Shared power to vote or to direct the vote:
3,157,415 as represented by 31,574,157 CHESS
Depositary Interests
(iii) Sole power to dispose or to direct the
disposition of:
0
(iv) Shared power to dispose or to direct the
disposition of:
3,157,415 as represented by 31,574,157 CHESS
Depositary Interests
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
Not applicable
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER
PERSON.
Clients of the CBA Fund Managers, all wholly owned subsidiaries of the
first Reporting Person, have the ultimate right to receive any dividends from
the common stock beneficially owned by the Reporting Persons and the proceeds
from the sale of such securities.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH
ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING
COMPANY
See Exhibit A
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
Not applicable
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
Not applicable
ITEM 10. CERTIFICATION
By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were not acquired and are not held for the
purpose of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or effect. This
Schedule is filed on behalf of Commonwealth Bank of Australia and Colonial First
State Investment Group Limited. The agreement to this effect is contained in
Exhibit B.
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Date: February 7, 2003
COMMONWEALTH BANK OF AUSTRALIA
By: /s/ John Damien Hatton
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Name: John Damien Hatton
Title: Company Secretary
COLONIAL FIRST STATE INVESTMENT GROUP LIMITED
By: /s/ Peter Sipek
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Name: Peter Sipek
Title: Senior Manager,
Investment
Management Support
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EXHIBIT A
Subsidiaries Acquiring Securities Being Reported on
By the Parent Holding Company or Control Person
Colonial First State Investment Group Limited
Commonwealth Investment Services Limited
Commonwealth Life Limited
Commonwealth Managed Investments Limited
Commonwealth Funds Management Limited
EXHIBIT B
The undersigned hereby agree that they are filing this Schedule 13G amendment
jointly pursuant to Rule 13d-1(k)(1). Each of them is responsible for the timely
filing of such Schedule 13G amendment and any amendments thereto, and for the
completeness and accuracy of the information concerning such person contained
therein; but none of them is responsible for the completeness or accuracy of the
information concerning the other persons making the filing, unless such person
knows or has reason to believe that such information is inaccurate.
COMMONWEALTH BANK OF AUSTRALIA
By: /s/ John Damien Hatton
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Name: John Damien Hatton
Title: Company Secretary
COLONIAL FIRST STATE INVESTMENT GROUP LIMITED
By: /s/ Peter Sipek
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Name: Peter Sipek
Title: Senior Manager,
Investment
Management Support