SEC Company Response from BRASIL TELECOM SA (OIBRQ) (CIK 0001160846) — Nov 8, 2005
BRASIL TELECOM SA (OIBRQ) (CIK 0001160846)
Date: Nov. 8, 2005 · CIK: 0001160846 · Accession: 0000950120-05-000742
AI Filing Summary & Sentiment
Letter
VIA EDGAR CORRESPONDENCEG Division of Corporation Finance United States Securities and Exchange Commission 100 F Street, N.E. Washington, D.C. 20549 Attn: Ms. Melissa Hauber
Re: BRASIL TELECOM S.A. FORM 20-F FOR FISCAL YEAR ENDED DECEMBER 31, 2004 FILED JUNE 15, 2005 FILE NO. 1-15256 -----------------------------------------------------
Dear Ms. Hauber:
This is to follow up on the telephone conversation relating to Note 34a to our financial statement appearing on Page F-85 to the Form 20-F for 2004.
Our financial statements for the year of 2004 were not affected by the 12,5% rate. The expected long-term rate of return on plan assets in fact used, in our actuarial assumptions for 2004, was 6.5%, the same rate as in 2003.
It is important to highlight that the 12,5% was determined in the beginning of this year, based on the expected rate of return of the plan's assets for 2005. The actual rate that will be utilized in 2005 is under review and will be reported in the 2005 20-F Form.
Should you require additional information do not hesitate to contact me directly at (55)-61-34159529 or our counsel in New York, Gregory Katz, at 212-603-6775.
Sincerely,
Charles Lagana Putz
Chief Financial Officer
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<TEXT>
BRASIL TELECOM
November 8, 2005
VIA EDGAR CORRESPONDENCEG
Division of Corporation Finance
United States Securities and Exchange Commission
100 F Street, N.E.
Washington, D.C. 20549
Attn: Ms. Melissa Hauber
Re: BRASIL TELECOM S.A.
FORM 20-F FOR FISCAL YEAR ENDED DECEMBER 31, 2004
FILED JUNE 15, 2005
FILE NO. 1-15256
-----------------------------------------------------
Dear Ms. Hauber:
This is to follow up on the telephone conversation relating to Note 34a to
our financial statement appearing on Page F-85 to the Form 20-F for 2004.
Our financial statements for the year of 2004 were not affected by the
12,5% rate. The expected long-term rate of return on plan assets in fact used,
in our actuarial assumptions for 2004, was 6.5%, the same rate as in 2003.
It is important to highlight that the 12,5% was determined in the beginning
of this year, based on the expected rate of return of the plan's assets for
2005. The actual rate that will be utilized in 2005 is under review and will be
reported in the 2005 20-F Form.
Should you require additional information do not hesitate to contact me
directly at (55)-61-34159529 or our counsel in New York, Gregory Katz, at
212-603-6775.
Sincerely,
Charles Lagana Putz
Chief Financial Officer
CP/
</TEXT>
</DOCUMENT>