-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, IfcBfreVsu8/zgmVrq3GERYuWaPmouuPElacZPMw7o88LR1PgTfmRNaOkkH/MXt1 xujPSagscJeRnfzD2jq77g== 0000950110-99-000920.txt : 19990722 0000950110-99-000920.hdr.sgml : 19990722 ACCESSION NUMBER: 0000950110-99-000920 CONFORMED SUBMISSION TYPE: 11-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19981231 FILED AS OF DATE: 19990628 FILER: COMPANY DATA: COMPANY CONFORMED NAME: IMS HEALTH INC CENTRAL INDEX KEY: 0001058083 STANDARD INDUSTRIAL CLASSIFICATION: 7374 IRS NUMBER: 061506026 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 11-K SEC ACT: SEC FILE NUMBER: 001-14049 FILM NUMBER: 99653307 BUSINESS ADDRESS: STREET 1: 200 NYALA FARMS CITY: WESTPORT STATE: CT ZIP: 06880 BUSINESS PHONE: 2032224523 MAIL ADDRESS: STREET 1: 200 NYALA FARMS ROAD CITY: WESTPORT STATE: CT ZIP: 06880 11-K 1 FORM 11-K ================================================================================ SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 --------- FORM 11-K (MARK ONE) {X} ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED DECEMBER 31, 1998 ----------------- OR { } TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 COMMISSION FILE NUMBER 001-14049 --------- IMS HEALTH INCORPORATED SAVINGS PLAN ---------- IMS HEALTH INCORPORATED 200 NYALA FARMS, WESTPORT, CT 06880 ================================================================================ SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Compensation and Benefits Committee of IMS Health Incorporated has duly caused this annual report to be signed on its behalf by the undersigned hereunto duly authorized. IMS Health Incorporated /s/ James C. Malone ------------------------------------------ James C. Malone Senior Vice President-Finance & Controller June 23, 1999 2 IMS HEALTH INCORPORATED SAVINGS PLAN DECEMBER 31, 1998 INDEX TO FORM 11-K PAGE(S) ------- Report of Independent Accounts ...................................... 4 Financial Statements: Statement of Net Assets Available for Benefits as of December 31, 1998 ................................................ 5 Statement of Changes in Net Assets Available for Benefits for the period July 1, 1998 (inception date) through December 31, 1998 ................................................ 6 - 7 Notes to Financial Statements ........................................ 8 - 11 Supplemental Schedules: Item 27a: Schedule of Assets held for Investment Purposes ........ 12 Item 27d: Schedule of Reportable Transactions .................... 13 - 15 Exhibit Index ........................................................ 16 Exhibit 23 - Consent of Independent Accountants ...................... 17 3 REPORT OF INDEPENDENT ACCOUNTANTS To the Compensation and Benefits Committee of the Board of Directors of IMS Health Incorporated: In our opinion, the accompanying statements of net assets available for plan benefits and the related statements of changes in net assets available for plan benefits with fund information present fairly, in all material respects, the net assets available for plan benefits of the IMS Health Incorporated Savings Plan at December 31, 1998, and the changes in net assets available for plan benefits for the period July 1, 1998 (inception date) through December 31, 1998 in conformity with generally accepted accounting principles. These financial statements are the responsibility of the Plan's management; our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit of these financial statements in accordance with generally accepted auditing standards, which require that we plan and perform the audit 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, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for the opinion expressed above. Our audit was made for the purpose of forming an opinion on the basic financial statements taken as a whole. The supplemental schedules listed in the index on page 3 are presented for the purpose 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. The supplemental schedules have been subjected to the auditing procedures applied in the audit 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. /s/ PRICEWATERHOUSECOOPERS LLP ------------------------------ PRICEWATERHOUSECOOPERS LLP New York, New York June 23, 1999 4
IMS HEALTH INCORPORATED SAVINGS PLAN STATEMENT OF NET ASSETS AVAILABLE FOR BENEFITS, WITH FUND INFORMATION AT DECEMBER 31, 1998 (DOLLARS IN THOUSANDS) Balanced Nielsen Inter- IMS Health Special Equity/ Media Small national Equity Common Fixed Bond Research Company Equity Index Stock Income Index Stock Index Index Loan Total Fund Fund Fund Fund Fund Fund Fund Fund ASSETS ------- ------- ---------- ------- -------- -------- ------- -------- ------ Investments at fair value .......... $96,178 $47,417 $10,372 $23,936 $3,922 $455 $4,993 $2,613 $2,470 Accrued disbursement to Participants ..................... (70) (46) (26) (4) (2) (7) (3) 158 Interfund receivable/(payable) ..... (477) 152 402 199 (35) (158) (83) Loan and interest receivable ....... 4 1 1 1 1 Receivables: Members contributions ............ 630 337 103 169 33 11 30 (53) Company contributions ............ 136 72 1 48 7 1 7 ------- ------- ------- ------- ------ ---- ------ ------ ------ Net assets available for benefits .. $96,948 $47,280 $10,583 $24,529 $4,158 $418 $4,841 $2,564 $2,575 ======= ======= ======= ======= ====== ==== ====== ====== ======
The accompanying notes are an integral part of this statement. 5
IMS HEALTH INCORPORATED SAVINGS PLAN STATEMENT OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS, WITH FUND INFORMATION FOR THE PERIOD JULY 1, 1998 (INCEPTION DATE) THROUGH DECEMBER 31, 1998 (DOLLARS IN THOUSANDS) Balanced Nielsen Inter- IMS Health Special Equity/ Media Small national Equity Common Fixed Bond Research Company Equity Index Stock Income Index Stock Index Index Loan Total Fund Fund Fund Fund Fund Fund Fund Fund ADDITIONS TO NET ASSETS -------- ------- ---------- ------- -------- -------- ------- -------- ------ Attributed to: Transfer in from Nielsen Media Research Savings Plan ..... $ 85,688 $42,683 $ 0 $23,232 $3,464 $6,856 $4,682 $2,487 $2,284 Investment Income: Net realized appreciation/ (depreciation) .................. 256 220 40 13 (30) 7 6 Net unrealized appreciation/ (depreciation) .................. 6,982 3,883 2,128 (94) 328 136 121 480 Interest and dividend income ...... 856 2 9 762 1 1 1 80 -------- ------- ------ ------- ------ ------ ------- ------ ------ Total Investment Income ....... 8,094 4,105 2,177 668 342 107 129 486 80 -------- ------- ------ ------- ------ ------ ------- ------ ------ Interest on members loans ......... 4 1 1 1 1 Repayment of members loans ........ 699 327 117 190 22 30 27 (14) Contributions: Members ......................... 3,664 1,657 840 411 212 323 221 Company ......................... 1,203 542 175 265 67 95 59 Rollover ........................ 905 229 335 85 58 162 36 -------- ------- ------ ------- ------ ------ ------- ------ ------ Total Contributions ........... 5,772 2,428 1,350 761 337 580 316 -------- ------- ------ ------- ------ ------ ------- ------ ------ Total additions ............... $100,257 $49,544 $3,645 $24,851 $4,166 $6,963 $5,422 $3,316 $2,350 ======== ======= ====== ======= ====== ====== ====== ====== ======
6
IMS HEALTH INCORPORATED SAVINGS PLAN STATEMENT OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS, WITH FUND INFORMATION - (CONTINUED) FOR THE PERIOD JULY 1, 1998 (INCEPTION DATE) THROUGH DECEMBER 31, 1998 (DOLLARS IN THOUSANDS) Balanced Nielsen Inter- IMS Health Special Equity/ Media Small national Equity Common Fixed Bond Research Company Equity Index Stock Income Index Stock Index Index Loan Total Fund Fund Fund Fund Fund Fund Fund Fund DEDUCTIONS FROM NET ASSETS ------- ------- ---------- ------- -------- -------- ------- -------- ------ Attributed to: Benefits paid to members .......... $(2,610) $ (902) $ (338) $ (366) $ (189) $ (16) $ (152) $ (647) Loans to members .................. (699) (455) (160) (204) (23) (8) (50) (24) $ 225 ------- ------- ------- ------- ------ ------- ------ ------ ------ Total Deductions .............. (3,309) (1,357) (498) (570) (212) (24) (202) (671) 225 Net increase in net assets prior to interfund transfers .......... 96,948 48,187 3,147 24,281 3,954 6,939 5,220 2,645 2,575 INTERFUND TRANSFERS-NET ........... -- (907) 7,436 248 204 (6,521) (379) (81) ------- ------- ------- ------- ------ ------- ------ ------ ------ Net Increase ...................... 96,948 47,280 10,583 24,529 4,158 418 4,841 2,564 2,575 Net assets available for benefits: Beginning of period ............. -- -- -- -- -- -- -- -- ------- ------- ------- ------- ------- ------- ------ ------ ------ End of year ..................... $96,948 $47,280 $10,583 $24,529 $4,158 $ 418 $4,841 $2,564 $2,575 ======= ======= ======= ======= ====== ======= ====== ====== ======
The accompanying notes are an integral part of this statement. 7 IMS HEALTH INCORPORATED SAVINGS PLAN NOTES TO FINANCIAL STATEMENTS Dollar amounts in thousands NOTE 1. DESCRIPTION OF THE PLAN On July 1, 1998 (the "Inception Date"), IMS Health Incorporated (the "Company") began operating as an independent publicly held company as a result of its spin-off from Cognizant Corporation ("Cognizant"). Prior to the spin-off, the Company was owned by Cognizant. As of the Inception Date the Company adopted the IMS Health Incorporated Savings Plan (the "Plan") for the benefit of employees of the Company who were members in the Cognizant Corporation Savings Plan. On July 1, 1998, Cognizant made a tax-free transfer to Bankers Trust (the "Trustee") for all account balances of Company member investments. The physical transfer of those assets occurred over the course of a few days. The following description of the Plan provides only general information. Members should refer to the Plan document for a more complete description of the Plan's provisions. Information with regard to eligibility, contributions, distributions, vesting, trustees, withdrawals, restoration, loans, fund redistribution, and definitions of all terms are contained in that document. GENERAL The Plan is a defined contribution plan available to all U.S. employees of the Company which have been designated to participate in the Plan. Full-time and regular part-time employees are eligible to participate in the Plan on the first month following their first day of employment. Temporary employees who work at least 1,000 hours in their first year of employment, or any subsequent calendar year, are also eligible to participate. The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974 ("ERISA"). INVESTMENT FUNDS Contributions for member savings shall be invested in selected investment funds, in multiples of 5%. All dividends and earnings from funds are reinvested in the corresponding fund. EQUITY INDEX FUND -- A fund invested in the common stock of all or a significant proportion of the companies included in the Standard & Poor's 500 Stock Index. There are 1,583 members invested in this fund. IMS HEALTH COMMON STOCK FUND -- A fund invested in the common stock of IMS Health Incorporated. There are 1,013 members invested in this fund. SPECIAL FIXED INCOME FUND -- A fund invested in guaranteed investment contracts (GICs) with one or more insurance companies and/or financial institutions selected by the Company. The insurance companies and/or financial institutions contract to repay both principal and a specific rate of return, from 5.28% to 7.33% with maturity dates from April, 1999 to October 1, 2003. The average yield for December 31, 1997 and December 31, 1998 was 6.7% and 6.6%, respectively. The contract values of the guaranteed investment contracts approximate their fair market value. There are 1,146 members in this fund. BALANCED EQUITY/BOND INDEX FUND -- A fund comprised of 60% equity stocks (S&P 500) and 40% U.S. debt instruments. There are 490 members in this fund. NIELSEN MEDIA RESEARCH ("NMR") LEGACY STOCK FUND -- A temporary fund, terminated March 31, 1999, consisting of shares of NMR common stock. This fund is available only to former participants in the Cognizant Savings Plan whose account contained NMR common stock when it was transferred to the Plan. No new contributions may be made to the fund, nor may any existing account balances be transferred to this fund. There are 742 members in this fund. SMALL COMPANY EQUITY INDEX FUND -- A fund invested in common stocks in the U.S. equity market that are not included in the Standard & Poor's 500 (S&P 500) Stock Index. There are 700 members in this fund. 8 IMS HEALTH INCORPORATED SAVINGS PLAN NOTES TO FINANCIAL STATEMENTS Dollar amounts in thousands, except member data NOTE 1. DESCRIPTION OF THE PLAN (CONTINUED) INVESTMENT FUNDS - (CONTINUED) INTERNATIONAL EQUITY INDEX FUND -- A fund invested in a portfolio of securities traded outside the United States. Investment selections are based on the Europe, Australia and Far East Index. There are 531 members in this fund. The following investments represent 5% or more of net assets available for benefits: Equity Index Fund ............................ $47,280 Special Fixed Income Fund .................... $24,529 IMS Health Common Stock Fund ................. $10,583 Small Company Index Fund ..................... $ 4,841 LOAN FUND Members may borrow from their fund accounts a minimum of $500 up to a maximum equal to the lesser of 50 percent of their vested account balance or $50,000 minus the highest outstanding loan balance they had in the preceding 12 months. Loan transactions are treated as a transfer to (from) the investment fund from (to) the loan fund. The maximum loan term is 57 months or up to 117 months for the purchase of a primary residence. The loans are secured by the balance in the members account and bear interest at the prime rate as published in The Wall Street Journal plus 2%. Principal and interest is paid ratably through monthly payroll deductions NOTE 2. ACCOUNTING POLICIES CONTRIBUTIONS A member may elect to contribute 1% to 16% of compensation. A member may designate savings as Before-Tax Savings or after-tax Savings. A member who is a highly compensated employee may be limited to less than 16% due to the existence of certain tests required under the Internal Revenue Code (the "Code"). For 1998, the Code limit on before-tax contributions was $10,000 in the aggregate. The Company matches an amount equal to 50% of a member's savings, up to the first 6%. Member savings in excess of 6% are supplemental savings that are not matched by Company contributions. Matching Company contributions are invested in the same investment funds as the member's own contributions. The member's contributions and the Company's matching contributions are forwarded monthly to the Trustee. MEMBER ACCOUNTS Each member's account is credited with the member's contribution and allocations of the Company's contributions and Plan earnings. VESTING Members are 100% vested in the Company's matching contributions after the third year of employment with credit given for employment with the Company's predecessors. Notwithstanding the foregoing statement, a member becomes fully vested in their Company contribution account upon retirement, disability, death, or reaching age 65. PAYMENTS OF BENEFITS On termination of service due to death, disability, retirement or other reasons, a member may elect to receive a lump sum amount equal to the value of the member's vested interest in his or her account or, subject to certain conditions, annual installments over a period not greater than twenty years. Members may also elect to defer distributions subject to certain conditions. 9 IMS HEALTH INCORPORATED SAVINGS PLAN NOTES TO FINANCIAL STATEMENTS Dollar amounts in thousands NOTE 2. ACCOUNTING POLICIES - (CONTINUED) FORFEITURES A member who is not 100% vested in his or her Company contributions and is terminated for reasons other than retirement; death or disability shall forfeit his or her non-vested Company contributions. Forfeited amounts shall be applied to reduce subsequent Company contributions. In the event the employee is subsequently re-employed by the Company prior to incurring 5 consecutive one year breaks in service, such forfeited amount of his or her Company contributions shall be restored to his or her account. Amounts forfeited for the period July 1, 1998 to December 31, 1998 were not significant and have been used to reduce Company contributions for the plan year ended December 31, 1998. ADMINISTRATIVE EXPENSES Transaction and investment manager fees for each fund are charged against the Plan's assets. These fees are netted against net realized appreciation/depreciation as they are not significant to the plan. Trustee fees and other expenses of administering the Plan are borne by the Company. BASIS OF PRESENTATION The financial statements of the Plan were prepared under the accrual method of accounting. The Plan's financial statements have been prepared in conformity with generally accepted accounting principles. 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 and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of investment income and expenses during the reporting period. Actual results could differ from those estimates. The Plan provides for various investment options in any combination of stocks, bonds, fixed income securities, mutual funds, and other investment securities. Certain investment securities are exposed to various risks, such as interest rate, market and credit. Due to the level of risk associated with certain investment securities and the level of uncertainty related to changes in the value of investment securities, it is at least reasonably possible that changes in risks in the near term would materially affect members' account balances and the amounts reported in the statement of net assets available for benefits and the statement of changes in net assets available for benefits. The Plan's guaranteed investment contracts are stated at contract values, which represent the aggregate amount of deposits thereto, plus interest at the contract rate, less withdrawals. Mutual funds are valued at the net asset values reported by the funds. Company stock is valued at its quoted market price. 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. NOTE 3. FEDERAL INCOME TAX The plan is subject to the provisions of the Employee Retirement Income Security Act of 1974, as amended. A request for formal determination that the Plan is qualified and the trust established under the Plan is tax-exempt will be made to the Internal Revenue Service in the near future. In the opinion of management, a favorable ruling is expected in due course. The Plan administrator and the Plan's tax counsel believe that the Plan is designed and is currently being operated in compliance with the applicable provisions of the Internal Revenue Code ("the Code"). Therefore, no provision for income taxes has been included in the Plan's financial statements. 10 IMS HEALTH INCORPORATED SAVINGS PLAN NOTES TO FINANCIAL STATEMENTS Dollar amounts in thousands NOTE 4. PLAN TERMINATION While the Company has not expressed any intent to discontinue its contributions or terminate the Plan, it is free to do so at any time subject to the provisions of ERISA and the Code which state that, in such event, all members of the Plan shall be fully vested in the amounts in their accounts. In the event of Plan termination, members will become 100% vested in the Company's contribution portion of their accounts. NOTE 5. RECONCILIATION OF FINANCIAL STATEMENTS TO FORM 5500 The following is a reconciliation of net assets available for benefits per the financial statements to the Form 5500: Net assets available for benefits per the financial statements ............................... $96,948 Amounts allocated to withdrawing members at December31, 1998 .................................... 393 ------- Net assets available for benefits per the Form 5500 ... $96,555 ======= The following is a reconciliation of benefits paid to members per the financial statements to the Form 5500: Benefits paid to members per the financial statement ............................................. $ 2,610 Amounts allocated to withdrawing members at December 31, 1998. .................................. 393 ------- Benefits paid to members per the Form 5500 ............ $ 3,003 ======= Amounts allocated to withdrawing members are recorded on the Form 5500 for benefit claims that have been processed and approved for payment prior to December 31, 1998, but not yet paid as of that date. 11 IMS HEALTH INCORPORATED SAVINGS PLAN SUPPLEMENTAL SCHEDULE Dollar amounts in thousands Item 27a - Schedule of Assets Held for Investment purposes as of December 31, 1998 Description of Asset Cost Fair Value - - --------------------------------------------------- ------- ---------- BT Pyramid Directed Account Cash Fund $ 107 $ 107 Wells Fargo Equity Index Fund 21,953 49,798 Wells Fargo U.S. Debt Fund 1,422 1,541 BGI Miscellaneous Fund Malaysia 8 11 BGI Extended Equity Market Fund 4,301 4,993 BGI EAFE Equity Index Fund 2,290 2,602 IMS Health Common Stock 8,368 10,511 Nielsen Media Research Common Stock 299 394 Allstate--Rate 6.24% Matures on 10/1/2001 1,004 1,004 Allstate--Rate 5.28% Matures on 10/1/2002 1,621 1,621 John Hancock--Rate 6.22% Matures on 4/3/2000 881 881 John Hancock--Rate 6.12% Matures on 4/2/2001 2,049 2,049 John Hancock--Rate 5.66% Matures on 4/3/2001 1,603 1,603 John Hancock--Rate 6.01% Matures on 4/1/2002 1,066 1,066 Metropolitan Life--Rate 6.20% Matures on 10/1/1998 1,093 1,093 Metropolitan Life--Rate 6.15% Matures on 10/2/2000 426 426 Metropolitan Life--Rate 7.33% Matures on 10/1/2001 914 914 Metropolitan Life--Rate 6.08% Matures on 10/1/2001 2,284 2,284 Metropolitan Life--Rate 6.75% Matures on 10/2/2001 1,024 1,024 New York Life--Rate 7.19% Matures on 4/3/2000 534 534 New York Life--Rate 6.25% Matures on 4/3/2000 654 654 New York Life--Rate 7.17% Matures on 10/2/2000 3,385 3,385 Principal Mutual--Rate 6.40% Matures on 10/2/2000 990 990 Principal Mutual--Rate 7.24% Matures on 10/2/2000 692 692 Principal Mutual--Rate 7.22% Matures on 10/2/2002 3,531 3,531 Member Loans 2,470 2,470 ------- ------- Total Investment $64,969 $96,178 ======= ======= 12 IMS HEALTH INCORPORATED SAVINGS PLAN SUPPLEMENTAL SCHEDULE Dollar amounts in thousands Item 27d (Part I) - Schedule of Reportable Transactions for the period July 1, 1998 (inception date) through December 31, 1998. Identity of Party Current Value Involved/ of Asset Description of Purchase Selling Cost of Transaction Investment Price Price Asset Date Gain/(Loss) - - ----------------- -------- ------- ------- ------------- ----------- There were no single or series transactions that were greater than 5%. 13 IMS HEALTH INCORPORATED SAVINGS PLAN SUPPLEMENTAL SCHEDULE Dollar amounts in thousands, except sales and purchases data Item 27d (Part II) - Schedule of 5% Reportable Cumulative Transactions by Issue for the period of July 1, 1998 (inception date) through December 31,1998.
Disposed Acquired Security Description Sales Proceeds Gain/(Loss) Purchases Cost - - ---------------------------------------- ------- ---------- ------------- ----------- ---------- BT Pyramid Directed Account Cash Funds 98 $5,146,698 155 $5,264,704 IMS Health Outstanding Employee Loans 38 549,107 8 3,018,925 Wells Fargo U.S. Debt Fund 3 44,600 2,972 7 125,999 Wells Fargo U.S. Debt Fund E 3 48,000 290 6 83,331 BGI Msic Fund-Malaysia 0 -- -- 1 8,096 BGI Money Market Fund for EBT 0 -- -- 90 99 Wells Fargo Equity Index Fund 8 474,408 218,405 19 1,432,976 BZW Equity Index Fund E 16 379,002 11,272 11 429,353 BGI Xtended Equity Market Fund E 5 240,000 10,541 9 278,859 BGI EAFE Equity Index E 4 181,000 6,032 16 270,880 BGI EAFE Equity Index Fund A 1 8,096 (44) 1 130,000 BGI Xtended Equity Market Fund 3 208,002 3,529 8 445,996 IMS Health Incorporated Common Stock 5 612,118 35,427 15 8,954,964 Nielsen Media Research Incorporated Common Stock 2 446,409 (19,679) 1 466,088 Nielsen Media Research Incorporated Common Stock-New 7 85,030 (10,451) 1 394,408 Allstate--GAC #6049A, Rate 6.24%, Matures 10/1/2001 10 73,467 6 1,077,181 Met Life--GAC #24932, Rate 6.08%, Matures 10/1/2001 10 140,034 13 2,424,260 Met Life--GAC #24928, Rate 7.33%, Matures 10/1/2001 11 401,330 6 1,315,726 John Hancock--GAC #9801, Rate 5.98%, Matures 10/1/1998 6 349,392 4 349,392 Principal Mutual GAC #34234 Deal I, Rate 6.09%, Matures 10/1/1998 7 314,492 5 314,492 John Hancock--GAC #9802, Rate 6.22%, Matures 04/3/2000 10 64,463 6 945,117 New York Life GAC #30863-002, Rate 6.25%, Matures 04/3/2000 10 48,386 6 702,788 John Hancock--GAC #9805, Rate 6.01%, Matures 04/1/2002 10 78,036 6 1,143,613 Allstate--GAC #6114, Rate 5.28%, Matures 04/01, 10/1/2002 4 44,278 7 1,665,753 New York Life GAC #30864, Rate 7.17%, Matures 10/2/2000 10 249,810 6 3,634,624
14 IMS HEALTH INCORPORATED SAVINGS PLAN SUPPLEMENTAL SCHEDULE Dollar amounts in thousands, except sales and purchases data Item 27d (Part II) - Schedule of 5% Reportable Cumulative Transactions by Issue for the period of July 1, 1998 (inception date) through December 31,1998. (continued)
Disposed Acquired Security Description Sales Proceeds Gain/(Loss) Purchases Cost - - ---------------------------------------- ------- ---------- ------------- ----------- ---------- MetLife GAC #24929, Rate 6.15%, Matures 10/2/2000 10 31,155 6 456,702 MetLife GAC #24930, Rate 6.75%, Matures 10/2/2001 10 74,864 6 1,098,831 MetLife GAC #24931, Rate 6.20%, Matures 10/1/1999 10 79,997 6 1,172,811 Principal Mutual GAC #4-34234 Deal IV, Rate 7.22%, Matures 10/2/2002 10 258,209 6 3,789,317 John Hancock--GAC #9804, Rate 5.66%, Matures 04/3/2001 10 117,506 6 1,720,777 John Hancock--GAC #9803, Rate 6.12%, Matures 04/2/2001 10 150,025 6 2,199,110 Principal Mutual GAC #4-34234 Deal II, Rate 7.24%, Matures 10/2/2000 10 50,522 6 742,305 Principal Mutual GAC #4-34234 Deal III, Rate 6.40%, Matures 10/2/2000 10 72,446 6 1,062,552 New York Life GAC #30863, Rate 7.19%, Matures 0403/2000 11 228,608 6 763,032
15 IMS HEALTH INCORPORATED SAVINGS PLAN EXHIBIT INDEX EXHIBIT NO. DESCRIPTION - - ------------- ------------------------------------ EX - 23 Consent of Independent Accountants 16 EX-23 2 CONSENT OF INDEPENDENT ACCOUNTANTS EXHIBIT 23 CONSENT OF INDEPENDENT ACCOUNTANTS We consent to the incorporation by reference in the registration statement of IMS Health Incorporated on Form S-8 (File No. 333-69195, 333-67779 and 333-58361) of our report dated June 23, 1999 on our audits of the financial statements of IMS Health Incorporated Savings Plan as of December 31, 1998 and for the six months ended December 31, 1998, which report is included in this annual report on Form 11-K. /s/ PRICEWATERHOUSECOOPERS LLP ------------------------------ PRICEWATERHOUSECOOPERS LLP New York, New York June 23, 1999 17 -----END PRIVACY-ENHANCED MESSAGE-----