01—Abstract
Summary
Summary of the 10-K/A filed July 19, 2002. Cited figures are marked; the original filing is the authoritative source.
This amended annual report (Form 10-K/A) for The Kroger Co. covers the fiscal year ended February 2, 2002.
The filing states that it is made solely to correct two mathematical errors in the report for The Kroger Co. Savings Plan for Bargaining Unit Associates. It does not contain new consolidated operating results, so its substance is the amended exhibit and the company's cover-page information. As of April 24, 2002, 794,109,633 common shares were outstanding, and the aggregate market value of common stock held by non-affiliates as of March 11, 2002 was $17.88 billiona.
The main financial content is Exhibit 99.1, the Form 11-K annual reports for two Kroger savings plans for the year ended December 31, 2001. The Kroger Co. Savings Plan reported net assets available for plan benefits of $2.70 billionb at December 31, 2001, down from $3.22 billion a year earlier. Its Employer Stock Fund held $1.53 billion at year-end 2001, down from $2.04 billion.
The plan's net depreciation on investments was $594.5 millionc for 2001. The Kroger Co. Savings Plan for Bargaining Unit Associates reported net assets of $30.06 million at December 31, 2001, down from $48.68 million, with a net decrease of $18.6 million in 2001. The filing also lists executive employment agreements with David B.
Dillon, W. Rodney McMullen and Don W.
McGeorge, most of which were previously filed. It states that the company filed a Form 8-K on December 11, 2001 disclosing its third-quarter 2001 earnings release.
02—Key points
Key Highlights
- Filing purpose: an amendment made solely to correct two mathematical errors in the report for The Kroger Co. Savings Plan for Bargaining Unit Associates
- Shares outstanding were 794,109,633 as of April 24, 2002
- Aggregate market value of common stock held by non-affiliates was $17.88 billion as of March 11, 2002
- The Kroger Co. Savings Plan net assets available for plan benefits were $2.70 billion at December 31, 2001, versus $3.22 billion at December 31, 2000
- The Employer Stock Fund held $1.53 billion at December 31, 2001, versus $2.04 billion a year earlier
- The Kroger Co. Savings Plan recorded net depreciation on investments of $594.5 million in 2001
- Executive employment agreements with David B. Dillon, W. Rodney McMullen and Don W. McGeorge are listed as exhibits
03—Questions
Frequently Asked Questions
What is the purpose of this amended filing?
The filing states that it is made solely to correct two mathematical errors in the report for The Kroger Co. Savings Plan for Bargaining Unit Associates. It does not state what the errors were.
How many shares of Kroger common stock were outstanding?
794,109,633 shares were outstanding on April 24, 2002, according to the cover page.
What was the size of the company's public float?
The aggregate market value of common stock held by non-affiliates was $17,882,235,374 as of March 11, 2002, or about $17.88 billion.
How did the Kroger Co. Savings Plan's assets change in 2001?
Net assets available for plan benefits were $2,699,205 thousand at December 31, 2001, compared with $3,215,887 thousand at December 31, 2000. The Employer Stock Fund fell to $1,528,402 thousand from $2,044,187 thousand, and the plan recorded net depreciation of $594,484 thousand on its investments during 2001.
What exhibits are included with this filing?
Exhibit 99.1 contains the Form 11-K annual reports for The Kroger Co. Savings Plan and The Kroger Co. Savings Plan for Bargaining Unit Associates for the year 2001. The filing also lists executive employment agreements with Dillon, McMullen and McGeorge, along with consents of independent accountants and powers of attorney, several of which were previously filed.
04—Continue