Skip to content
AnalystLens

Kroger Annual Report (Amendment), Year Ended Dec 27, 1997

Filing Date
Filed April 27, 1998
Period End
December 27, 1997
Security
KR
In the record · 2016–202610-K1210-Q328-K137

KR filed 12 annual reports (10-K), 32 quarterly reports (10-Q) and 137 current reports (8-K) between 2016 and 2026.

  1. Leadership change8-K · Oct ’17Oct ’17
  2. Leadership change8-K · Dec ’19Dec ’19
  3. FY2022 annual report10-K · Mar ’22Mar ’22
  4. Impairment8-K · Dec ’25Dec ’25

01—Abstract

Summary

Summary of the 10-K/A filed April 27, 1998. Cited figures are marked; the original filing is the authoritative source.

This Form 10-K/A for The Kroger Co. for the fiscal year ended December 27, 1997 is a short amended filing that does not contain the company's own financial statements.

Instead, it attaches Exhibit 99.2 and Exhibit 99.3, which are the audited financial statements and supplemental schedules of two employee benefit plans: The Kroger Co. Savings Plan and the Dillon Companies, Inc. Employees' Stock Ownership and Savings Plan. The cover page reports 255,664,563 shares outstanding as of March 17, 1998, and an aggregate market value of common equity held by non-affiliates of $10,760,140,852a as of February 27, 1998. The cover page also states that the proxy statement is incorporated by reference into Parts II and III.

The Kroger Co. Savings Plan reported net assets available for plan benefits of $1,357,802 thousandb (about $1.36 billion) at December 31, 1997, up from $921,580 thousand at December 31, 1996. Its Employer Stock Fund held Kroger common shares with a cost of $272,336 thousand and a carrying value of $1,050,160 thousand at year-end 1997. The Plan's net increase in net assets for 1997 was $436,222 thousand, and the filing attributes most of the change to net appreciation of $404,786 thousand.

Employee contributions totaled $56,048 thousandc in 1997. The Dillon Companies, Inc. plan reported net assets available for plan benefits of $547,789,759 at December 31, 1997, up from $382,627,446 a year earlier. Its holdings of Kroger common stock were carried at $412,737,653 for the ESOP 401(k) allocation, and the plan's total Kroger stock investment across the master trust was $658,949,905.

The plan's 1997 increase in net assets was $165,162,313,d with net appreciation in Kroger stock of $150,678,679. The filing describes these plans' audited statements as the principal content of this amendment.

02—Key points

Key Highlights

  1. The Kroger Co. Savings Plan net assets available for plan benefits rose to $1,357,802 thousand at December 31, 1997, from $921,580 thousand at December 31, 1996.
  2. The Savings Plan's Employer Stock Fund carried Kroger common shares at $1,050,160 thousand at year-end 1997, against a cost of $272,336 thousand.
  3. The Savings Plan recorded net appreciation of $404,786 thousand in 1997, with employee contributions of $56,048 thousand.
  4. The Dillon Companies, Inc. Employees' Stock Ownership and Savings Plan reported net assets of $547,789,759 at December 31, 1997, up from $382,627,446.
  5. The Dillon plan's Kroger common stock investments were carried at $658,949,905 across the master trust, with net appreciation of $150,678,679 in 1997.
  6. The cover page reports 255,664,563 Kroger common shares outstanding on March 17, 1998, and non-affiliate market value of $10,760,140,852 as of February 27, 1998.
  7. The filing states that the proxy statement is incorporated by reference into Parts II and III of Form 10-K.

03—Questions

Frequently Asked Questions

  1. What does this amended 10-K filing contain?

    The filing consists mainly of Exhibit 99.2 and Exhibit 99.3, which present the audited financial statements and supplemental schedules of The Kroger Co. Savings Plan and the Dillon Companies, Inc. Employees' Stock Ownership and Savings Plan for the years ended December 31, 1997 and 1996.

  2. How large was The Kroger Co. Savings Plan at year-end 1997?

    The Savings Plan reported net assets available for plan benefits of $1,357,802 thousand at December 31, 1997, compared with $921,580 thousand at December 31, 1996.

  3. How much of the Savings Plan's assets were invested in Kroger stock?

    The Employer Stock Fund held Kroger common shares carried at $1,050,160 thousand at December 31, 1997, against a cost of $272,336 thousand, making it the largest single investment in the plan's schedule.

  4. What were the key drivers of the plans' 1997 asset growth?

    For the Savings Plan, the filing shows net appreciation of $404,786 thousand and employee contributions of $56,048 thousand. For the Dillon plan, it shows net appreciation in Kroger stock of $150,678,679 and total additions of $194,453,579.

  5. What does the cover page disclose about shares and market value?

    The cover page reports 255,664,563 common shares outstanding as of March 17, 1998, and an aggregate market value of $10,760,140,852 for common equity held by non-affiliates as of February 27, 1998.

04—Continue

← View all 10-K filings