FORM 11-K
As filed with the Securities and Exchange Commission on December 31, 2000
Registration No. 333-80995
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 11-K
FOR ANNUAL REPORTS OF EMPLOYEE STOCK PURCHASE, SAVINGS AND
SIMILAR PLANS PURSUANT TO SECTION 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
x
ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the plan year ended December 31, 2000
or
¨
TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the transition period from to
Commission File Number: 1-4694
Full title of the plan and the address of the plan, if different from that of the issuer named below:
Donnelley Deferred Compensation and Voluntary Savings Plan
Name of issuer of the securities held pursuant to the plan and the address of its principal executive office:
RR Donnelley & Sons Company
77 West Wacker Drive
Chicago, Illinois 60601-1629
Item 1. See Item 4.
Item 2. See Item 4.
Item 3. See Item 4.
Item 4. Financial Statements and Exhibits
|
The Donnelley Deferred Compensation and Voluntary Savings Plan is subject to the Employee Retirement Income Security Act of
1974 (ERISA), and the report of Washington, Pittman & McKeever, LLC, independent public accountants, as prepared in accordance with the financial reporting requirements of ERISA is attached hereto and incorporated into this report.
|
|
Consent of Independent Public Accountants—Washington, Pittman & McKeever, LLC.
|
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the trustees (or other persons who
administer the employee benefit plan) has duly caused this Annual Report to be signed on its behalf by the undersigned hereunto duly authorized.
|
R.R. DONNELLEY
& SONS
COMPANY
|
|
Jack McEnery,
Vice President—Employee Benefits
|
Date: June 28, 2001
Exhibit Index
Exhibit
Number
|
|
Description
|
|
Paper (P) or
Electronic (E)
|
| (a) |
|
Donnelley Deferred Compensation and Voluntary Savings Plan Financial Statements as
of December 31, 2000 and 1999 |
|
E |
|
| |
| |
| (b) |
|
Consent of Independent Public Accountants |
|
E |
Exhibit (a)
RR DONNELLEY & SONS COMPANY
DONNELLEY DEFERRED COMPENSATION
AND VOLUNTARY SAVINGS PLAN FINANCIAL STATEMENTS
AS OF DECEMBER 31, 2000 and 1999
Together With Independent Auditor’s Report
TABLE OF CONTENTS
| |
|
Page
Number
|
| Independent Auditor’s Report |
|
2 |
|
| |
| |
| Basic Financial Statements |
|
|
| Statement of Net Assets Available for Benefits as of December 31, 2000 and
1999 |
|
3 |
Statement of Changes in Net Assets Available for Benefits for the Years Ended December
31,
2000 and 1999 |
|
4 |
| Notes to Financial Statements |
|
5–9 |
|
| |
| |
| Supplemental Information* |
|
|
Schedule H-Item 4i—Schedule of Assets Held for Investment Purposes as of December
31,
2000 |
|
10–11 |
Schedule H-Item 4j—Schedule of Reportable Transactions for the Year Ended
December 31,
2000 |
|
12 |
*
|
Other supplemental schedules required by Section 2520.103-10 of the Department of Labor Rules and Regulations for Reporting
and Disclosure under ERISA have been omitted because they are not applicable.
|
Independent Auditor’s Report
To the Plan Administrator of the
|
Donnelley Deferred Compensation and
|
We have audited the accompanying statements of net assets available for benefits of the DONNELLEY DEFERRED
COMPENSATION AND VOLUNTARY SAVINGS PLAN (the “Plan”) as of December 31, 2000 and 1999, and the related statement of changes in net assets available for benefits for the years then ended. These financial statements and schedules are the
responsibility of the Plan’s management. Our responsibility is to express an opinion on these financial statements based on our audits.
We conducted our audits in accordance with generally accepted auditing standards. These standards require
that we plan and perform the audits to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the
financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable
basis for our opinion.
In our opinion, the financial statements referred to above present fairly, in all material respects, the net
assets available for benefits of the DONNELLEY DEFERRED COMPENSATION AND VOLUNTARY SAVINGS PLAN as of December 31, 2000 and December 31, 1999, and the changes in net assets available for benefits for the years then ended in conformity with generally
accepted accounting principles.
Our audits were made for the purpose of forming an opinion on the basic financial statements taken as a
whole. The supplemental schedules of assets held for investment purposes, and reportable transactions as of and for the year ended December 31, 2000, are presented for purposes of additional analysis and are not a required part of the basic
financial statements but are supplementary information required by the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974, as amended. The supplemental schedules
have been subjected to the auditing procedures applied in the audits of the basic financial statements and, in our opinion, are fairly stated, in all material respects, in relation to the basic financial statements taken as a whole.
|
WASHINGTON
, PITTMAN
& MC
KEEVER
, LLC
|
Chicago, Illinois
June 22, 2001
DONNELLEY DEFERRED COMPENSATION
AND VOLUNTARY SAVINGS PLAN
STATEMENT OF NET ASSETS AVAILABLE FOR BENEFITS
AS OF DECEMBER 31, 2000 and 1999
| |
|
2000
|
|
1999
|
| ASSETS |
|
|
|
|
| INVESTMENTS, AT CURRENT VALUE: |
|
|
|
|
| R.R. Donnelley & Sons Company common stock |
|
$ 45,310,935 |
|
$ 30,236,686 |
| Other common stocks |
|
— |
|
87,412,221 |
| Short-term and collective investment funds |
|
243,536,625 |
|
311,071,512 |
| Notes and bonds |
|
— |
|
33,104,354 |
| Registered investment companies |
|
195,718,554 |
|
63,449,387 |
| Guaranteed investment contracts |
|
222,332,874 |
|
198,622,411 |
| Participant loans |
|
14,227,196 |
|
12,663,646 |
| |
|
|
|
|
| Total
investments |
|
721,126,184 |
|
736,560,217 |
|
| |
| |
| RECEIVABLES: |
|
|
|
|
| Accrued dividends and interest |
|
$ 66,522 |
|
$ 661,490 |
| Due from broker for securities sold |
|
74,589,148 |
|
2,356,344 |
| Participant contributions receivable |
|
2,894,804 |
|
2,578,235 |
| Employer contributions receivable |
|
804,326 |
|
850,049 |
| Other receivables |
|
10,220 |
|
5,357 |
| |
|
|
|
|
| Total
receivables |
|
78,365,020 |
|
6,451,475 |
|
| |
| |
| TOTAL ASSETS |
|
799,491,204 |
|
743,011,692 |
|
| |
| |
| LIABILITIES |
|
|
|
|
| Due to broker for securities purchased |
|
$ 73,537,842 |
|
$ 2,715,105 |
| Accrued administrative expenses and other liabilities |
|
116,194 |
|
114,933 |
| |
|
|
|
|
| TOTAL
LIABILITIES |
|
73,654,036 |
|
2,830,038 |
|
| |
| |
| NET ASSETS AVAILABLE FOR BENEFITS |
|
$725,837,168 |
|
$740,181,654 |
| |
|
|
|
|
The accompanying notes are an integral part of these financial statements.
DONNELLEY DEFERRED COMPENSATION
AND VOLUNTARY SAVINGS PLAN
STATEMENT OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS
FOR THE YEARS ENDED DECEMBER 31, 2000 and 1999
| |
|
2000
|
|
1999
|
| ADDITIONS: |
|
|
|
|
|
| Interest and dividends— |
|
|
|
|
|
| Interest and dividend income |
|
$ 21,830,012 |
|
|
$ 17,009,771 |
| Interest income on participant loan |
|
1,091,915 |
|
|
899,560 |
| |
|
|
|
|
|
| Total interest and
dividends |
|
22,921,927 |
|
|
17,909,331 |
| |
|
|
|
|
|
| Net realized gain (loss) |
|
(26,259,053 |
) |
|
22,575,004 |
| Net unrealized appreciation (depreciation) |
|
(18,714,053 |
) |
|
30,438,883 |
| |
|
|
|
|
|
| Net appreciation (depreciation) |
|
(44,973,106 |
) |
|
53,013,887 |
| |
|
|
|
|
|
| Contributions— |
|
|
|
|
|
| Employer contributions |
|
11,252,286 |
|
|
5,043,253 |
| Participant contributions |
|
68,679,539 |
|
|
61,862,083 |
| Rollover contributions |
|
4,166,140 |
|
|
6,130,423 |
| |
|
|
|
|
|
| Total
contributions |
|
84,097,965 |
|
|
73,035,759 |
| |
|
|
|
|
|
| Total additions |
|
62,046,786 |
|
|
143,958,977 |
| |
|
|
|
|
|
| DEDUCTIONS: |
|
|
|
|
|
| Benefits paid to participants |
|
75,878,669 |
|
|
54,908,486 |
| Administrative expenses |
|
392,846 |
|
|
457,947 |
| Plan to plan transfers |
|
119,757 |
|
|
— |
| |
|
|
|
|
|
| Total
deductions |
|
76,391,272 |
|
|
55,366,433 |
| |
|
|
|
|
|
| NET INCREASE (DECREASE) |
|
(14,344,486 |
) |
|
88,592,544 |
| NET ASSETS, Beginning of year |
|
740,181,654 |
|
|
651,589,110 |
| |
|
|
|
|
|
| NET ASSETS, END OF YEAR |
|
$725,837,168 |
|
|
$740,181,654 |
| |
|
|
|
|
|
The accompanying notes are an integral part of the financial statements.
DONNELLEY DEFERRED COMPENSATION AND
VOLUNTARY SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS
DECEMBER 31, 2000
NOTE 1—PLAN DESCRIPTION
The following brief description of the Donnelley Deferred Compensation and Voluntary Savings Plan (the
“Plan”) of R.R. Donnelley & Sons Company (the “Company”) is provided for general information only. Refer to the summary plan description or the Plan document for more complete information. The Plan was established to allow
employees to save for retirement on a tax-advantage basis. It is intended to qualify as a cash or deferred arrangement under Section 401(k) of the Internal Revenue Code (the “Code”) and it is subject to the provisions of the Employment
Retirement Income Security Act of 1974 (ERISA), as amended.
Subject to certain limitations, members of the Plan may contribute up to 15% of pay on a before-tax basis,
and up to 10% of pay on an after-tax basis. Effective July 1, 1999, the Company generally matches participant contributions 50 cents for every before-tax dollar, up to 3% of pay so that the maximum match is 1.5% of pay. The match is generally
invested in the Donnelley Stock Fund. Contributions are funded by payroll deductions and must be made in whole percentages of employee earnings. Earnings of the Plan, as well as contributions to the Plan, are not taxable to the participants until
withdrawn.
The Plan is administered by Institutional Trust Company (Institutional Trust) under the terms of the Plan.
The trust fund is administered pursuant to the Donnelley Deferred Compensation and Voluntary Savings Plan Trust by Institutional Trust. The custodian is State Street Bank and Trust Company (State Street). Investment management fees and
administrative fees are paid either by the Plan or the Company.
As of March 1, 1994, employees became eligible to participate in the Plan on the first day of employment
with the Company, upon completion of one hour of service.
Participants are 100% vested with respect to all contributions and earnings of the Plan.
The Plan was amended effective January 1, 1992 to establish a loan program. Members are permitted to borrow
the lesser of 50% of their Deferred Compensation Savings and rollover account balance or $50,000, reduced by the highest outstanding loan balance in the last 12 months. The minimum loan amount is $1,000. The loans are secured by the balance in the
participant’s accounts and bear interest at a rate equal to the rate being charged by the area banking business for similar secured loans. The interest rate for the loans during 2000 was 1% over the prime rate and ranged from a low of 9.50% to
a high of 10.50%. Repayment is through payroll deductions for a maximum period of four years. Effective September 1, 1997, an administrative fee of $25 is paid by the participant.
NOTE 2—SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
The financial statements of the Plan are prepared under the accrual method of accounting.
DONNELLEY DEFERRED COMPENSATION AND
VOLUNTARY SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS—(Continued)
DECEMBER 31, 2000
|
New Accounting Pronouncements
|
In June 1998, the Financial Accounting Standards Board (FASB) issued Statement of Financial Accounting
Standards (SFAS) No. 133, “Accounting for Derivative Instruments and Hedging Activities,” to establish accounting and reporting standards for derivatives. SFAS No. 133 was subsequently amended by SFAS No. 137 and SFAS No. 138. These new
standards require that all derivatives be recognized at their fair value as either assets or liabilities on the balance sheet and specify the accounting for changes in fair value depending upon the intended use of the derivative. The effective date
of SFAS No. 133, as amended, is for fiscal years beginning after June 15, 2000. As such, the Plan is not required to adopt SFAS No. 133 until January 1, 2001. The Plan’s utilization of derivative instruments for trading or non-trading purposes
is minimal; as a result, the Plan’s management believes the adoption of this Statement will have no impact on the Plan’s financial statements.
|
Changes in Reporting of Investments
|
The Plan has adopted Statement of Position 99-3, “Accounting for and Reporting of Certain Defined
Contribution Plan Investments and Other Disclosure Matters,” which was issued in September 1999. This statement simplifies disclosure requirements, eliminating previously required disclosures for participant-directed investment programs. As a
result, the Plan has eliminated “by-fund” disclosures in the statement of net assets available for benefits and the statement of changes in net assets available for benefits, which have been restated to conform to the current
presentation.
Certain accounts in the 1999 financial statements have been reclassified for comparative purposes to conform
with the presentation in the 2000 financial statements. These reclassifications have no effect on the net assets available for benefits at December 31, 1999.
The preparation of financial statements in conformity with generally accepted accounting principles requires
management to make estimates and assumptions that affect the reported amounts of assets, liabilities and changes therein, and disclosure of contingent assets and liabilities. Actual results could differ from those estimates.
|
Investment Valuation and Income Recognition
|
The Plan’s investments are stated at fair value. Stocks, notes and bonds are valued at their quoted
market prices. Shares of registered investment companies are valued at quoted market prices, which represent the net asset value of shares held by the Plan at year-end. Participant loans are valued at cost, which approximates fair value.
Purchases and sales of securities are recorded on a trade-date basis. Interest income is recorded on the
accrual basis. Dividends are recorded on the ex-dividend date.
The realized and unrealized gains or losses on investments are determined based on revalued cost. Revalued
cost is the fair value of investments at the beginning of the year or the average cost of investments if purchased in the current year.
Benefits are recorded when paid.
DONNELLEY DEFERRED COMPENSATION AND
VOLUNTARY SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS—(Continued)
DECEMBER 31, 2000
NOTE 3—INVESTMENTS
Participants’ contributions to the Plan are currently invested in a third-party administered trust
fund. The third-party administered trust fund consists of the following funds:
|
Equity Fund—Invests in the Equity Portfolio which invests primarily in common stocks of companies included in the Standard
& Poor’s 500 Stock Index.
|
|
Income Fund—Invests in the Income Portfolio which invests in a combination of investment contracts, money market securities
and short- to medium-term bonds.
|
|
Balanced Fund—Invests in the Balanced Portfolio, which consists of stocks, and high-quality fixed income
securities.
|
|
Aggressive Equity Fund—Invests in the Aggressive Equity Portfolio, which invests in stocks of companies considered to have
strong growth potential over the next several years.
|
|
International Equity Fund—Invests in the International Equity Portfolio, which invests in equity securities of companies
headquartered outside of the United States.
|
|
Lifestage Conservative Fund—Invests 55% in the Income Portfolio, 35% in the Balanced Portfolio and 10% in the Equity
Portfolio.
|
|
Lifestage Moderate Fund—Invests 30% in the Income Portfolio, 35% in the Balanced Portfolio, 15% in the Equity Portfolio, 10%
in the International Equity Portfolio and 10% in the Aggressive Equity Portfolio.
|
|
Lifestage Aggressive Fund—Invests 35% in the Balanced Portfolio, 25% in the Equity Portfolio, 20% in the International Equity
Portfolio and 20% in the Aggressive Equity Portfolio.
|
|
The Donnelley Stock Fund—Invests primarily in the Company’s common stock.
|
The current value of investments that represent 5% or more of the Plan’s net assets available for Plan
benefits at December 31, 2000 and 1999, is as follows:
|
|
2000
|
|
1999
|
| R.R. Donnelley & Sons Company Common Stock |
|
$ 45,310,935 |
|
$ — |
| Invesco Var. Invt. Funds Inc. |
|
— |
|
50,750,633 |
| Invesco IRT 500 Index Fund |
|
215,452,968 |
|
258,198,184 |
| Invesco Small Co Growth Fund |
|
72,231,554 |
|
— |
| Invesco Cor Balance Fund |
|
109,828,337 |
|
— |
During 2000 and 1999, the Plan’s investments, including investments bought or sold, as well as held
during the year, appreciated (depreciated) in value by $(44,973,106) and $53,013,887, respectively, as follows:
| |
|
2000
|
|
1999
|
| R.R. Donnelley & Son Company Common Stock |
|
$ 4,313,498 |
|
|
$(18,992,357 |
) |
| Other Common Stocks |
|
(2,687,926 |
) |
|
3,254,639 |
|
| Short-term and Collective Investment Funds |
|
(27,181,075 |
) |
|
64,577,434 |
|
| Notes and Bonds |
|
(406,643 |
) |
|
961,546 |
|
| Registered Investment Companies |
|
(19,010,960 |
) |
|
3,212,625 |
|
| |
|
|
|
|
|
|
| |
|
$(44,973,106 |
) |
|
$53,013,887 |
|
| |
|
|
|
|
|
|
NOTE 4—INVESTMENT CONTRACTS
In 2000 and prior years, the Plan entered into several benefit-responsive investment contracts with various
insurance companies and other financial institutions. The contract providers maintain the contributions in a general account. Some investment contracts are purchased in conjunction with the investment by the Plan in
fixed-income securities. Investment contracts provide for the payment of a specified rate of interest. The account is credited with earnings at the specified rate and charged for participant withdrawals and administrative expenses. The contracts are
included in the financial statements at contract value, as reported to the Plan by the contract providers. Contract value represents contributions made under the contract, plus earnings, less participant withdrawals and administrative
expenses.
There are no reserves against contract value for credit risk of the contract issuer or otherwise. The
weighted average yield and crediting interest rates for all such contracts was approximately 6.42% and 6.53% for 2000 and 1999, respectively. The crediting interest rate generally cannot be less than the contract rate.
NOTE 5—RECONCILIATION TO FORM 5500
The following table reconciles the financial statements to the Form 5500 as filed by the
Company:
| |
|
2000
|
|
1999
|
| Net assets available for Plan benefits per the financial statements |
|
$725,837,168 |
|
$740,181,654 |
| Less: Participant withdrawals payable |
|
— |
|
— |
| |
|
|
|
|
| NET ASSETS AVAILABLE FOR PLAN BENEFITS PER THE FORM 5500 |
|
$725,837,168 |
|
$740,181,654 |
| |
|
|
|
|
The following is a reconciliation of benefits paid to participants per the financial statements to the Form
5500 at December 31, 2000 and 1999:
| |
|
2000
|
|
1999
|
| Participant withdrawals per the financial statements |
|
$75,878,669 |
|
$54,908,486 |
|
Add: Amounts allocated to withdrawing participants at December 31, 2000 and
1999, respectively |
|
— |
|
— |
|
Less: Amounts allocated to withdrawing participants at December 31, 1999 and
1998, respectively |
|
— |
|
(468,549 |
) |
| |
|
|
|
|
|
| PARTICIPANT WITHDRAWALS PER THE FORM 5500 |
|
$75,878,669 |
|
$54,439,937 |
|
| |
|
|
|
|
|
Amounts allocated to withdrawing participants are recorded on the Form 5500 for withdrawals that have been
processed and approved for payment prior to December 31, but not yet paid as of that date.
NOTE 6—TAX STATUS OF THE PLAN
The Plan obtained its latest determination letter on September 7, 1995, in which the Internal Revenue
Service stated that the Plan, as then designed, was in accordance with applicable requirements of the Code. The Plan has been amended since receiving the determination letter. However, the Plan administrator believes that the Plan is currently
designed and is being operated in compliance with the applicable requirements of the Code. Therefore, no provision for income taxes has been included in the Plan’s financial statements.
NOTE 7—DERIVATIVE FINANCIAL STATEMENTS
The Plan has limited involvement with derivative financial instruments and does not use them for trading
purposes. The Plan owns shares in commingled international equity funds. The managers of these funds may, from time to time, use currency futures and forward contracts to manage the fund’s currency position.
DONNELLEY DEFERRED COMPENSATION AND
VOLUNTARY SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS—(Continued)
DECEMBER 31, 2000
The Plan also invests in a commingled domestic equity fund. The manager of this fund has the authority to
invest in Standard & Poor’s 500 futures to create exposure to equity securities as part of the fund’s cash management strategy. Daily margin settlement for future contracts results in maintaining a zero market value for the
contracts.
NOTE 8—PLAN TERMINATION
Although it has not expressed any intent to do so, the Company has the right under the Plan to discontinue
its contributions at any time and to terminate the Plan subject to the provisions of ERISA. In the event of Plan termination, participants will become 100% vested in their accounts.
NOTE 9—RELATED PARTY TRANSACTIONS
Certain Plan investments available in the Plan are units in a collective trust fund managed by Institutional
Trust. The Plan also invests in guaranteed investment contracts managed by State Street. Additionally, the Plan invests in the Company’s common stock.
Institutional Trust administers the Plan, State Street is the custodian, and the Company is the sponsor.
Therefore, these transactions are party-in-interest transactions. However, they are exempt from the prohibited transaction rules of ERISA.
DONNELLEY DEFERRED COMPENSATION
AND VOLUNTARY SAVINGS PLAN
SCHEDULE H—ITEM 4i.—SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES
AS OF DECEMBER 31, 2000
EMPLOYER IDENTIFICATION NUMBER: 36-1004130, PLAN NUMBER: 003
No. of Shares
or Units
|
|
Description
|
|
Cost
|
|
Current Value
|
|
| |
Company Stock
| |
| *1,678,183 shares |
|
R.R. Donnelley & Sons Company Common Stock |
|
$ 27,250,174 |
|
$ 45,310,935 |
| |
|
|
|
|
|
|
|
| |
Short-term and Collective Investment Funds
| |
| 12,081,281 units |
|
Money Market Funds—
SSGA Money Market Fund |
|
12,081,281 |
|
12,081,281 |
| |
|
|
|
|
|
|
| |
|
|
|
12,081,281 |
|
12,081,281 |
| |
|
|
|
|
|
|
| 522,612 units |
|
Common/Collective Funds—
Capital Guardian Intl. Equity Fund |
|
17,451,827 |
|
16,002,376 |
| *6,800,914 units |
|
Invesco IRT 500 Index Fund |
|
216,054,872 |
|
215,452,968 |
| |
|
|
|
|
|
|
| |
|
|
|
233,506,699 |
|
231,455,344 |
| |
|
|
|
|
|
|
| |
|
Total Short-term and Collective Investments |
|
245,587,980 |
|
243,536,625 |
| |
|
|
|
|
|
|
|
| |
Registered Investment Company
| |
| 996,983 units |
|
Berger/Biam Worldwide Fd Intl Core Fd |
|
14,031,451 |
|
13,658,663 |
| *4,163,202 units |
|
Invesco Small Co Growth Fund |
|
72,231,554 |
|
72,231,554 |
| *10,863,337 units |
|
Invesco Cor Balance Fund |
|
109,001,992 |
|
109,828,337 |
| |
|
|
|
|
|
|
| |
|
Total Registered Investment Companies |
|
195,264,997 |
|
195,718,554 |
| |
|
|
|
|
|
|
|
| |
Guaranteed Investment Contracts
| |
| 6,505,910 units |
|
G.E. Life & Annuity Asr., 6.74% |
|
6,505,910 |
|
6,505,910 |
| 13,009,602 units |
|
Norwest Bank, 6.06% |
|
13,009,602 |
|
13,009,602 |
| 5,028,007 units |
|
Jackson National Life, 5.070% |
|
5,028,007 |
|
5,028,007 |
| 6,478,151 units |
|
Metropolitan Life GIC, 6.84% |
|
6,478,151 |
|
6,478,151 |
| 6,616,363 units |
|
Allstate Life Ins., 5.75% |
|
6,616,363 |
|
6,616,363 |
| 3,050,529 units |
|
Allstate Life Ins., 7.09% |
|
3,050,529 |
|
3,050,529 |
| 3,401,787 units |
|
John Hancock Mutual, 6.60% |
|
3,401,787 |
|
3,401,787 |
| 20,667,557 units |
|
John Hancock Mutual, 7.14% |
|
20,667,557 |
|
20,667,557 |
| 14,958,320 units |
|
Metropolitan Life, 6.85% |
|
14,958,320 |
|
14,958,320 |
| 9,763,726 units |
|
Chase Manhattan GAM, 6.00% |
|
9,763,726 |
|
9,763,726 |
| 14,724,374 units |
|
Chase Manhattan Bank, 6.82% |
|
14,724,374 |
|
14,724,374 |
| 15,325,772 units |
|
Continental Assurance, 6.74% |
|
15,325,772 |
|
15,325,772 |
| *6,554,091 units |
|
State Street Bk & Tr 1/1/99 C |
|
6,554,091 |
|
6,554,091 |
| 326,604 units |
|
Continental Assurance, 6.71% |
|
326,604 |
|
326,604 |
| 33,728,247 units |
|
Monumental Life GIC, 6.68% |
|
33,728,247 |
|
33,728,247 |
| 1,706,620 units |
|
Rabobank Nederland, 5.62% |
|
1,706,620 |
|
1,706,620 |
| *25,038,087 units |
|
State Street Bk & Tr, 5.44% |
|
25,038,087 |
|
25,038,087 |
| 35,449,127 units |
|
UBS AG, 6.97% |
|
35,449,127 |
|
35,449,127 |
| |
|
|
|
|
|
|
| |
|
Total Guaranteed Investment Contracts |
|
222,332,874 |
|
222,332,874 |
| |
|
|
|
|
|
|
DONNELLEY DEFERRED COMPENSATION
AND VOLUNTARY SAVINGS PLAN
SCHEDULE H—ITEM 4i.—SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES
AS OF DECEMBER 31, 2000—(Continued)
EMPLOYER IDENTIFICATION NUMBER: 36-1004130, PLAN NUMBER: 003
No. of
Shares
or
Units
|
|
Description
|
|
Cost
|
|
Current Value
|
|
| |
| |
|
|
PARTICIPANT LOANS |
|
|
|
|
| |
|
(Interest rates range from 9.50%–10.50%) |
|
14,227,196 |
|
14,227,196 |
| |
|
|
|
|
|
|
| |
|
Total Assets Held For Investment Purposes |
|
$704,663,221 |
|
$721,126,184 |
| |
|
|
|
|
|
|
|
|
* A party-in-interest to the Plan
|
DONNELLEY DEFERRED COMPENSATION
AND VOLUNTARY SAVINGS PLAN
SCHEDULE H—ITEM 4j.—SCHEDULE OF REPORTABLE TRANSACTIONS
FOR THE YEAR ENDED DECEMBER 31, 2000
EMPLOYER IDENTIFICATION NUMBER: 36-1004130, PLAN NUMBER: 003
| |
|
Purchases
|
|
Sales
|
| |
|
Purchase Price
|
|
Cost of Assets
|
|
Selling Price
|
|
Net Gain
|
| Aggressive Equity Fund |
|
$173,973,815 |
|
$136,006,466 |
|
$136,118,690 |
|
$ 112,224 |
| Balanced Fund |
|
31,148,463 |
|
41,642,226 |
|
45,052,536 |
|
3,410,310 |
| Donnelley Stock Fund |
|
38,210,725 |
|
26,417,367 |
|
26,510,639 |
|
93,272 |
| Equity Fund |
|
144,339,148 |
|
148,939,529 |
|
164,221,244 |
|
15,281,715 |
| Income Fund |
|
86,341,619 |
|
81,406,857 |
|
82,291,360 |
|
884,503 |