================================================================================ SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 8-K/A CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of report (Date of earliest event reported): May 13, 2003 TERRA INDUSTRIES INC. (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER) Maryland 1-8520 52-1145429 (State or other jurisdiction (Commission File (IRS Employer of incorporation) Number) Identification No.) Terra Centre 600 Fourth Street, P.O. Box 6000 Sioux City, Iowa 51102-6000 (712) 277-1340 (Address of Principal Executive Offices, including Zip Code) (Registrant's Telephone Number, Including Area Code) ================================================================================ ITEM 5. OTHER EVENTS On May 13, 2003, the Registrant filed a Form 8-K Current Report dated May 13, 2003 to enable investors to compare the previous years' financial reporting to that including application of FASB Statement No. 145. This amendment is being furnished to include a full set of financials including the revised portions of the financial statements originally filed with the 8-K dated May 13, 2003. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS. (c) Exhibits. Exhibit Number Description 23.1 Consent of Deloitte & Touche LLP 99.1 Financial information described in Item 9 below. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. TERRA INDUSTRIES INC. /s/ Mark A. Kalafut ----------------------------------- Mark A. Kalafut Vice President, General Counsel and Corporate Secretary Date: June 5, 2003