01—Abstract
Summary
Summary of the 10-K/A filed June 29, 2001. Cited figures are marked; the original filing is the authoritative source.
This Form 10-K/A from The Kroger Co. for the fiscal year ended February 3, 2001 contains only Part IV, Item 14 and Exhibit 99.1.
Item 14 lists the financial statements in the company's annual report, the exhibits, and an 8-K filed December 5, 2000 with the third-quarter 2000 earnings release. The filing reports 810,729,610 common shares outstanding on April 27, 2001 and an aggregate market value held by non-affiliates of $19,466,148,862a as of March 7, 2001, or about $19.47 billion. The filing does not include the consolidated financial statements or the company's sales, earnings, or balance sheet figures.
Exhibit 99.1 contains the Form 11-K annual reports for The Kroger Co. Savings Plan, the Dillon Companies, Inc. Employee Stock Ownership and Savings Plan and Trust, and two Fred Meyer, Inc. 401(k) Savings Plans. The Kroger Co. Savings Plan reported net assets available for plan benefits of $3,215,887 thousandb (about $3.22 billion) at December 31, 2000, up from $1,523,425 thousand at December 31, 1999, with an increase of $1,692,462 thousand during 2000. The Employer Stock Fund held $2,044,187 thousand of these assets, and the plan received $1,239,788 thousand in transfers from other trusts during 2000.
The plan consolidations drove most of the change in plan assets. The Dillon plan's balances of approximately $658 millionc were merged into the Kroger plan at year-end 2000, and $562 million of assets were transferred from the Fred Meyer 401(k) plan on December 29, 2000. The Fred Meyer plans reported net assets of $48,675,619 for the collective bargaining unit plan at December 31, 2000, and the other Fred Meyer plan reported no net assets at that date after its merger into the Kroger plan.
02—Key points
Key Highlights
- Filing covers the fiscal year ended February 3, 2001 and is a Form 10-K/A consisting of Part IV, Item 14 and Exhibit 99.1.
- Shares outstanding were 810,729,610 on April 27, 2001, and the aggregate market value held by non-affiliates was $19,466,148,862 as of March 7, 2001 (about $19.47 billion).
- The Kroger Co. Savings Plan reported net assets of $3,215,887 thousand (about $3.22 billion) at December 31, 2000, compared with $1,523,425 thousand at December 31, 1999.
- The Employer Stock Fund held $2,044,187 thousand of plan assets at December 31, 2000, compared with $1,080,905 thousand a year earlier.
- Approximately $658 million from the Dillon Companies plan and $562 million from the Fred Meyer 401(k) plan were transferred into the Kroger Co. Savings Plan at the end of 2000.
- Item 14 references an 8-K filed December 5, 2000 with the third-quarter 2000 earnings release, and previously filed Exhibits 12.1, 21.1, and 24.1.
- The Kroger plan's Fixed Income Fund reported $235,563 thousand in total investments at December 31, 2000.
03—Questions
Frequently Asked Questions
What does this amended filing contain?
The filing contains Part IV, Item 14, which lists the financial statements, exhibits, and an 8-K report, and Exhibit 99.1, which includes the annual reports on Form 11-K for several employee savings and stock ownership plans. Exhibits 12.1, 21.1, and 24.1 were previously filed.
How large was The Kroger Co. Savings Plan at year-end 2000?
The plan reported net assets available for plan benefits of $3,215,887 thousand (about $3.22 billion) at December 31, 2000, up from $1,523,425 thousand at December 31, 1999. Net assets increased by $1,692,462 thousand during 2000.
What drove the increase in the Kroger Savings Plan's assets?
The plan recorded $1,239,788 thousand in transfers from other trusts and net appreciation of $410,191 thousand on its investments during 2000. The Dillon and Fred Meyer plan mergers at year-end 2000 brought in approximately $658 million and $562 million of assets, respectively.
How much of the plan was invested in Kroger common stock?
The Employer Stock Fund, which holds The Kroger Co. common shares, had a value of $2,044,187 thousand at December 31, 2000, out of total plan investments of $2,649,810 thousand.
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