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Proc-Type: 2001,MIC-CLEAR
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SECURITIES AND EXCHANGE COMMISSION FORM 10-K/A (Mark One) [X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OR [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) Commission File No. 1-768 CATERPILLAR INC. Delaware 1-768 37-0602744 100 NE Adams Street, Peoria, Illinois 61629 Registrant's telephone number, including area code: (309) 675-1000 Name of each exchange Common Stock ($1.00 par value) Chicago Stock Exchange Preferred Stock Purchase Rights Chicago Stock Exchange 9% Debentures due April 15, 2006 New York Stock Exchange 6% Debentures due May 1, 2007 New York Stock Exchange 9 3/8% Debentures due August 15, 2011 New York Stock Exchange 9 3/8% Debentures due March 15, 2021 New York Stock Exchange 8% Debentures due February 15, 2023 New York Stock Exchange Securities registered pursuant to Section 12(g) of the Act: NONE The registrant hereby amends its' Form 10-K filed with the Securities and Exchange Commission for the year ended December 31, 2001 to include new exhibits for Form 11-K filings for the Company's Employee Investment Plan (Exhibit 99.2), Tax Deferred Savings Plan (Exhibit 99.3), and Solar Turbines Incorporated Savings and Investment Plan (Exhibit 99.4) and to revise the previously filed Exhibit 21 - Subsidiaries and Affiliates. 21 Subsidiaries and Affiliates of the Registrant. 99.2 Form 11-K for Inc. Employees' Investment Plan 99.3 Form 11-K for Savings and Investment Plan 99.4 Form 11-K for Tax Deferred Savings Plan EXHIBIT 21 CATERPILLAR INC. Name of Company Where Organized 10G LLC Delaware A.S.V., Inc. Minnesota Acefun S.A. de C.V. Mexico Aceros Fundidos Internacionales S. de R.L. de C.V. Mexico Aceros Fundidos Internacionales LLC Delaware Advanced Filtration Systems Inc. Delaware Aiwa Co., Ltd. Japan Akashi GS Co., Ltd. Japan All Parts International Inc. Delaware Anchor Coupling Inc. Delaware Aquila Mining Systems Ltd. Canada Asia Power Systems (Tianjin) Ltd. China AsiaTrak (Tianjin) Ltd. China Automotive Development Holdings B.V. Netherlands Bio-Energy Partners Illinois Bitelli S.p.A. Italy Brown Group Holdings Limited England and Wales Carter Machinery Company, Incorporated Delaware Caterpillar (Africa) (Proprietary) Limited South Africa Caterpillar (Bermuda) Funding Company Bermuda Caterpillar (Bermuda) Funding Parent Company Bermuda Caterpillar (Bermuda) Holding Company Bermuda Caterpillar (Bermuda) Ltd. Bermuda Caterpillar (China) Investment Co., Ltd. China Caterpillar (HK) Limited Hong Kong Caterpillar (Thailand) Limited Thailand Caterpillar (U.K.) Limited England Caterpillar Agricultural Products Inc. Delaware Caterpillar Americas Co. Delaware Caterpillar Americas Funding Inc. Delaware Caterpillar Americas Mexico, S. de R.L. de C.V. Mexico Caterpillar Americas SARL Switzerland Caterpillar Americas Services Co. Delaware Caterpillar Andes S.A. Chile Caterpillar Arrendadora Financiera, S.A. de C.V. Mexico Caterpillar Asia Limited Hong Kong Caterpillar Asia Pte. Ltd. Singapore Caterpillar Assurance Company Limited Grand Cayman Island Caterpillar Belgium S. A. Belgium Caterpillar Brasil Ltda. Brazil Caterpillar Brasil Servicos S/C Ltda. Brazil Caterpillar Card Services Corporation Nevada Caterpillar Centro de Demostraciones y Desarrollo, S.L. Spain Caterpillar China Limited Hong Kong Caterpillar Claas America LLC Delaware Caterpillar CMC Finance Corporation Delaware Caterpillar CMC, LLC Delaware Caterpillar Commercial Australia Pty. Ltd. Australia Caterpillar Commercial Holding S.A. Switzerland Caterpillar Commercial LLC Delaware Caterpillar Commercial Northern Europe Limited England and Wales Caterpillar Commercial Private Limited India Caterpillar Commercial S.A. Belgium Caterpillar Commercial S.A.R.L. France Caterpillar Commercial Services Ltd. Canada Caterpillar Commercial Services S.A.R.L. France Caterpillar Commerciale S.r.L. Italy Caterpillar Corporativo Mexico, S. de R.L. de C.V. Mexico Caterpillar Credito, S.A. de C.V. Mexico Caterpillar Distribution Services Europe B.V.B.A. Belgium Caterpillar Elphinstone Pty. Ltd. Australia Caterpillar Energy Company S.A. Guatemala Caterpillar Engine Systems Inc. Delaware Caterpillar Engine Systems Mexico, S. de R.L. de C.V. Mexico Caterpillar Export Limited US Virgin Islands Caterpillar Factoraje Financiero, S.A. de C.V. Mexico Caterpillar Finance France S.A. France Caterpillar Finance Kabushiki Kaisya Japan Caterpillar Finance, s.r.o. Czech Republic Caterpillar Financial Acquisition Funding LLC Delaware Caterpillar Financial Acquisition Funding Partners United Kingdom Caterpillar Financial Asset Sales Corporation Nevada Caterpillar Financial Australia Limited Australia Caterpillar Financial Corporacion Financiera, S.A., E.F.C. Spain Caterpillar Financial Dealer Funding LLC Delaware Caterpillar Financial Funding Corporation Nevada Caterpillar Financial Member Company Delaware Caterpillar Financial Nordic Services A.B. Sweden Caterpillar Financial Nova Scotia Corporation Canada Caterpillar Financial Receivables Corporation Nevada Caterpillar Financial Renting, S.A. Spain Caterpillar Financial S.A. Arrendamento Mercantil Brazil Caterpillar Financial S.A. Credito, Financiamento e Investimento Brazil Caterpillar Financial Services (Ireland) plc Ireland Caterpillar Financial Services (UK) Limited England Caterpillar Financial Services Argentina S.A. Argentina Caterpillar Financial Services Asia Pte. Ltd. Singapore Caterpillar Financial Services Corporation Delaware Caterpillar Financial Services CR, s.r.o. Czech Republic Caterpillar Financial Services GmbH & Co. KG Germany Caterpillar Financial Services Korea, Ltd. Korea Caterpillar Financial Services Limited Canada Caterpillar Financial Services Malaysia Sdn Bhd Malaysia Caterpillar Financial Services Philippines Inc. Philippines Caterpillar Financial Services Poland Sp. z o.o. Poland Caterpillar Financial Services S.A. Switzerland Caterpillar Financial Services Verwaltungs GmbH Germany Caterpillar Financial Services Yugen Kaisya Japan Caterpillar Forest Products Inc. Delaware Caterpillar Formacion Tecnica, S. L. Spain Caterpillar France S.A. France Caterpillar GB, L.L.C. Delaware Caterpillar Global Mining Pty. Ltd. Australia Caterpillar Group Limited England and Wales Caterpillar Group Services S.A. Belgium Caterpillar Holding (France) S.A.R.L. France Caterpillar Holding Germany GmbH Germany Caterpillar Holding Spain, S.L. Spain Caterpillar Holdings Australia Pty. Ltd. Australia Caterpillar Hungary Component Manufacturing Company Ltd. Hungary Caterpillar Impact Products Limited United Kingdom Caterpillar India Private Limited India Caterpillar Industrial Inc. Ohio Caterpillar Industrial Products, Inc. Delaware Caterpillar Institute (WA) Pty Ltd. Australia Caterpillar Insurance Co. Ltd. Bermuda Caterpillar Insurance Company Missouri Caterpillar Insurance Holdings Inc. Delaware Caterpillar Insurance Services Corporation Tennessee Caterpillar International Finance plc Ireland Caterpillar International Funding S.A.R.L. Switzerland Caterpillar International Holding S.A.R.L. Switzerland Caterpillar International Investments S.A.R.L. Switzerland Caterpillar International Leasing L.L.C. Delaware Caterpillar International Services Corporation Nevada Caterpillar International Services del Peru S.A. Peru Caterpillar Investment Management Ltd. Delaware Caterpillar Investments England and Wales Caterpillar Latin America Services de Mexico, S. de R.L. de C.V. Mexico Caterpillar Latin America Services de Puerto Rico, S. en C. Puerto Rico Caterpillar Latin America Servicios de Chile Limitada Chili Caterpillar Latin Americas Services, S.R.L. Costa Rica Caterpillar Leasing (Thailand) Limited Thailand Caterpillar Leasing Chile, S.A. Chile Caterpillar Leasing GmbH Germany Caterpillar Logistics Administrative Services de Mexico, S. de R.L. de C.V. Mexico Caterpillar Logistics Client Services LLC Delaware Caterpillar Logistics France SAS France Caterpillar Logistics N.V. Belgium Caterpillar Logistics Services (France) SARL France Caterpillar Logistics Services (Tianjin) Ltd. China Caterpillar Logistics Services (UK) Limited England and Wales Caterpillar Logistics Services de Mexico, S. de R.L. de C.V. Mexico Caterpillar Logistics Services Germany GmbH & Co. KG Germany Caterpillar Logistics Services Germany Verwaltungs GmbH Germany Caterpillar Logistics Services International N.V. Belgium Caterpillar Logistics Services Polska Sp. z o.o. Poland Caterpillar Logistics Services Spain, S.A. Spain Caterpillar Logistics Services, Inc. Delaware Caterpillar Logistics Services-Egypt Ltd. Egypt Caterpillar Logistics Technology Services LLC Delaware Caterpillar Materiels Routiers S.A. France Caterpillar Mexico, S.A. de C.V. Mexico Caterpillar Motoren GmbH & Co. KG Germany Caterpillar Motoren Rostock GmbH Germany Caterpillar Motoren Verwaltungs-GmbH Germany Caterpillar New Zealand Depositary Company Netherlands Caterpillar New Zealand Funding Company Netherlands Caterpillar New Zealand Securities Company Bermuda Caterpillar NZ Funding LLC Delaware Caterpillar NZ Funding Parent Limited Netherlands Caterpillar of Australia Pty. Ltd. Australia Caterpillar of Canada Ltd. Canada Caterpillar of Delaware, Inc. Delaware Caterpillar Overseas Credit Corporation S.A. Switzerland Caterpillar Overseas Investment Holding, S.A.R.L. Switzerland Caterpillar Overseas S.A. Switzerland Caterpillar Paving Products Inc. Oklahoma Caterpillar Paving Products Xuzhou Ltd. China Caterpillar Pension Trust Limited England and Wales Caterpillar Peterlee Limited England Caterpillar Poland Sp. z o.o Poland Caterpillar Power Systems Inc. Delaware Caterpillar Power Systems y Compañia Limitada Nicaragua Caterpillar Power Ventures Corporation Delaware Caterpillar Power Ventures International Mauritius Ltd. Mauritius Caterpillar Power Ventures International, Ltd. Bermuda Caterpillar Product Services Corporation Missouri Caterpillar Redistribution Services Inc. Delaware Caterpillar Redistribution Services International S.A.R.L. Switzerland Caterpillar Renting France S.A.S. France Caterpillar S.A.R.L. Switzerland Caterpillar Securities Inc. Delaware Caterpillar Services Limited Delaware Caterpillar Servicios Mexico S. de R.L. de C.V. Mexico Caterpillar Skinningrove Limited England and Wales Caterpillar Special Services Belgium S.P.R.L Belgium Caterpillar Stockton Limited England and Wales Caterpillar Technical Services - Europe Limited England Caterpillar Torreon S. de R.L. de C.V. Mexico Caterpillar Tosno, L.L.C. Russia Caterpillar Transmissions France SARL France Caterpillar UK Employee Trust Limited England and Wales Caterpillar UK Holdings Limited England and Wales Caterpillar Work Tools B.V. Netherlands Caterpillar Work Tools Canada Ltd. Canada Caterpillar Work Tools GmbH & Co. KG Germany Caterpillar Work Tools Verwaltungs-GmbH Germany Caterpillar Work Tools, Inc. Kansas Caterpillar World Trading Corporation Delaware Caterpillar World Trading of Europe S.A.R.L. Switzerland Caterpillar Xuzhou Ltd. China Centre de Distribution de Wallonie S.A. Belgium Chugoku Caterpillar Mitsubishi Construction Equipment Sales, Ltd. Japan Claas Caterpillar Europe GmbH & Co. KG Germany Claas Caterpillar Europe Verwaltungs GmbH Germany Clean World Co. Japan CM Custom Product Co., Ltd. Japan CM Human Services Co., Ltd. Japan CM Logistics Services Co., Ltd. Japan CM Rental Kinki Co., Ltd. Japan CM Rental Tokai Co., Ltd. Japan CMEC Co., Ltd. Japan Cramo Holding AB Sweden Depositary (Bermuda) Limited Bermuda Dia Rental Hokuriku Co., Ltd. Japan Diamond Office Management Co., Ltd. Japan Dynamic Automation Systems Pty. Ltd. Australia East Kanto Caterpillar Mitsubishi Construction Equipment Sales, Ltd. Japan Easytop Limited England and Wales EDC European Excavator Design Center GmbH & Co. KG Germany EDC European Excavator Design Center Verwaltungs GmbH Germany Elektrocieplawnia Starahowice Sp. Z.o.o. Poland Elphinstone Commercial Services Ltd. Canada EMC Testing Inc. Delaware Endeavour Caterpillar New Zealand Finance Company New Zealand Energy Services International Group, Ltd. Delaware Energy Services International Limited Bermuda Ensambladora Tecnologica de Mexico, S.A. de C.V. Mexico Enteco Servicos S. de R.L. de C.V. Mexico ESI do Brasil Ltda. Brazil F. M. K. Co., Ltd. Japan F.G. Wilson (Engineering) Limited Northern Ireland F.G. Wilson (Proprietary) Limited South Africa F.G. Wilson (USA) L.L.C. Delaware F.G. Wilson Australia PTY Limited Australia F.G. Wilson Engineering (Dublin) Limited Ireland F.G. Wilson Generators India Private Limited India F.G. Wilson Incorporated Delaware F.G. Wilson Singapore Pte Limited Singapore Federal Financial Services LLC Delaware Financieringsmaatschappij Bolier B.V. Netherlands FMS Equipment Rentals Inc. Delaware Forchester del Peru S.R.L. Peru Forchester do Brasil Ltda. Brazil Forchester International S.A. Uruguay Germanischer Lloyd AG Germany GFCM Servicios, S.A. de C.V. Mexico Grupo Financiero Caterpillar Mexico, S.A. de C.V. Mexico Guangzhou MaK Diesel Engine Ltd. China Hama-rental Co. Japan Heroco B.V. Netherlands Hindustan Powerplus Limited India Hokkaido Caterpillar Mitsubishi Construction Equipment Sales, Ltd. Japan Hokken Service Co. Japan Hokuriku Caterpillar Mitsubishi Construction Equipment Sales, Ltd. Japan Hook Up, Inc. Delaware Hydropro S.r.l. Italy I & S Operations, Inc. Georgia Inmobiliaria Conek, S.A. Mexico Ironmart LLC Delaware IronPlanet.com, Inc. Delaware Jigsaw Investors Corp. Ontario Jupiter Power Asia Co., Ltd. Cambodia Jupiter Power Cambodia Co., Ltd. Cambodia Jupiter Power Holdings Ltd. Bermuda Kappa Energy Partners Texas Kasargod Power Corporation Private Limited India Kiden Lease Co., Ltd. Japan Kinki Caterpillar Mitsubishi Construction Equipment Sales, Ltd. Japan K-Lea Co., Ltd. Japan Kyoei Co. Japan Laminex V.o.F. Netherlands Landfill Energy Partners I Texas Let's Co., Ltd. Japan Lexington Real Estate Holding Corporation Delaware Machida Kiko Co., Ltd. Japan Machinefabriek Bolier B.V. Netherlands MaK (London) Limited United Kingdom MaK Americas Inc. Canada MaK Americas Inc. Illinois MaK Beteiligungs GmbH Germany MaK Mediterranee S.A.S. France MaK Motoren Asia Pte. Ltd. Singapore MaK Netherland B.V. Netherlands Material Handling Associates, Inc. Delaware MCFA Canada Ltd. Ontario MCFA FSC Inc. Barbados Mec-Track S.r.l. Italy Merwedehaven Beheer B.V. Netherlands MICA Energy Systems Michigan Mincom Pty Ltd Australia Mitsubishi Caterpillar Forklift Asia Pte. Ltd. Singapore Mistubishi Caterpillar Forklift Europe B.V. Netherlands Mitsubishi Caterpillar Forklift America de Argentina S.A. Argentina Mitsubishi Caterpillar Forklift America Inc. Delaware Mopesa Motores Power, SA Mexico Motores Diesel Andinos S.A. Peru Motori Perkins S.P.A. Italy Nagano Kouki Co., Ltd. Japan Necoles Investments B.V. Netherlands Nexus International Inc. Delaware Nexus International S.r.L. Italy Nihon Kenki Lease Co., Ltd. Japan OTSG, Inc. Delaware P. T. Caterpillar Finance Indonesia Indonesia P. T. Natra Raya Indonesia P. T. Solar Services Indonesia Indonesia Peoria Dredging Technologies L.L.C. Delaware Perkins do Brasil Comercial Ltda. Brazil Perkins Engines (Asia Pacific) Pte Ltd Singapore Perkins Engines (Australia) Pty. Ltd. Australia Perkins Engines (Latin America) Inc. Delaware Perkins Engines (Shrewsbury) Limited England and Wales Perkins Engines (Tianjin) Company Limited China Perkins Engines Company Limited England and Wales Perkins Engines, Inc. Maryland Perkins Executive Pension Trust Limited England and Wales Perkins France (SAS) France Perkins Holdings Limited Delaware and Perkins International Inc. Delaware Perkins Limited England and Wales Perkins Motoren GmbH & Co. KG Germany Perkins Motoren Management GmbH Germany Perkins Pension Trust Limited England and Wales Perkins Power Sales & Service Limited England and Wales Perkins Shibaura Engines Limited England and Wales Perkins Technology Inc. Delaware Pioneer Distribution Inc. South Carolina Pioneer Machinery LLC Delaware PMHC LLC Delaware Przedsiebiorstuo Energetyki Ciepincj (Bugaj) Poland R.V.K. Energy Private Limited India Rapidparts Inc. Delaware Rapisarda Fluid SRL Italy Rapisarda Industries Srl Italy Rapisarda SpA Italy Rega Kyushu Co., Ltd. Japan Rex World Co., Ltd. Japan Sabre Engines Limited England Sagami GS Co., Ltd. Japan Sanko Rental Co. Japan SCM Operator Training Co., Ltd. Japan SCM Shoji Co., Ltd. Japan SCM System Service Co., Ltd. Japan Servtech Limited Ireland Shanxi International Casting Co. Ltd. China Sharp Success Agriculture Limited England Shin Caterpillar Mitsubishi Ltd. Japan Shin Hokken Ltd. Japan Solar Turbines Canada Ltd./Ltee. Canada Solar Turbines Europe S.A. Belgium Solar Turbines Incorporated Delaware Solar Turbines International Company Delaware Solar Turbines Overseas Pension Scheme Limited Guernsey Solar Turbines Services Company California Solar Turbines Services Nigeria Limited Nigeria Solar Turbines UK Limited England and Wales SPL Software Alliance LLC Delaware STI Capital Company Delaware Suryachakra Power Corporation Private Limited India Tech Itoh Co., Ltd. Japan Tecnologia Modificada S.A. de C.V. Mexico The Heartland Community Development Corporation Illinois Tokai Caterpillar Mitsubishi Construction Equipment Sales, Ltd. Japan Tokyo Rental Co., Ltd. Japan Tone Lease Co. Japan Tunnel Rental Co., Ltd. Japan Turbinas Solar de Venezuela, C.A. Venezuela Turbo Tecnologia de Reparaciones S.A. de C.V. Mexico Turboservices SDN BDH Malaysia Turner Powertrain Systems Limited England and Wales UK Hose Assembly Limited England VALA (UK) LP United Kingdon VALA CV Netherlands VALA Inc. Delaware VALA LLC Delaware Veratech Holding B.V. Netherlands V-TRAC Holdings Limited Cook Islands V-TRAC Infrastructure Development Company Vietnam West Kanto Caterpillar Mitsubishi Construction Equipment Sales, Ltd. Japan West Kanto Rental Co., Ltd. Japan Wright Equipment Company (Pty) Limited South Africa Yeep Co. Japan EXHIBIT 99.2 SECURITIES AND EXCHANGE
COMMISSION FORM 11-K [X] OR [ ] EMPLOYEES'
INVESTMENT PLAN CATERPILLAR
INC. 100 NE Adams Street,
Peoria, Illinois 61629 REQUIRED INFORMATION -2- Caterpillar Inc.
Washington, D.C. 20549
OF THE SECURITIES EXCHANGE ACT OF 1934
For the fiscal year ended December 31, 2001
OF THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from __________ to __________.
(State or other jurisdiction of incorporation)
(Commission File Number)
(IRS Employer I.D. No.)
(Address of principal executive offices)
(Zip Code)
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
on which registered
New York Stock Exchange
Pacific Exchange, Inc.
New York Stock Exchange
Pacific Exchange, Inc.
Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes [X
] No [ ].
Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of Registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. [X
]
As of December 31, 2001, there were 343,376,444 shares of common stock of the Registrant outstanding, and the aggregate market value of the voting stock held by non-affiliates of the Registrant (assuming only for purposes of this computation that directors and officers may be affiliates) was $17,667,556,467.
Documents Incorporated by Reference
None
PART IV
Item 14. Exhibits, Financial Statement Schedules, and Reports on Form 8-K.
(c) Exhibits:
SUBSIDIARIES AND AFFILIATES
(as of December 31, 2001)
MaK Deutschland GmbH & Co. KG
Germany
MaK Deutschland Verwaltungs-GmbH
Germany
England and Wales
Washington, D.C. 20549
(Mark One)
ANNUAL REPORT
PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the fiscal year ended November 30, 2001
TRANSITION
REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from __________ to __________.
Commission File No. 1-768
(Address of principal executive offices)
Item 1.
The audited statement of net assets available for plan benefits as of the end of the
latest two fiscal years of the Plan is attached hereto as Exhibit A.
Item 2.
The audited statement of changes in net assets available for plan benefits for each of the
latest two fiscal years of the Plan is attached hereto as Exhibit B.
Item 3.
The statements required by Items 1 and 2 have been prepared in accordance with the
applicable financial reporting requirements of ERISA.
Item 4.
The Consent of Independent Accountants is attached hereto as Exhibit C.
Employees' Investment Plan
November 30, 2001 and 2000
-3-
Report of Independent Accountants
To the Participants, Investment Plan Committee
and Benefits Funds Committee of the Caterpillar Inc.
Employees' Investment Plan
In our opinion, the accompanying statement of net assets available for benefits and the
related statement of changes in net assets available for benefits present fairly, in all
material respects, the net assets available for benefits of the Caterpillar Inc.
Employees' Investment Plan (the Plan) at November 30, 2001 and 2000, and the changes
in net assets available for benefits for the years then ended, in conformity with
accounting principles generally accepted in the United States of America. 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 audits. We conducted our
audits of these statements in accordance with auditing standards generally accepted in the
United States of America, 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 audits provide a reasonable basis for our
opinion.
Our audits were conducted 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 of reportable transactions as of and for the year ended November 30, 2001 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. These supplemental schedules are the responsibility of the
Plan's management. 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.
Peoria, Illinois
May 21, 2002
-4-
EXHIBIT A
CATERPILLAR INC. (Dollars in 000's) |
|||||||||||
2001 |
2000 |
||||||||||
Investments: |
|||||||||||
Interest in the Caterpillar Inc. 401(k) Master Trust |
$ |
1,359,311 |
$ |
1,356,370 |
|||||||
Caterpillar Inc. Common stock |
910,422 |
728,130 |
|||||||||
Other investments |
54,537 |
62,428 |
|||||||||
Total investments |
2,324,270 |
2,146,928 |
|||||||||
Participant contributions receivable |
1,421 |
1,349 |
|||||||||
Employer contributions receivable |
766 |
665 |
|||||||||
Interest and dividends receivable |
55 |
77 |
|||||||||
Net assets available for benefits |
$ | 2,326,512 |
$ | 2,149,019 |
|||||||
The accompanying notes are an integral part of the financial statements |
-5-
EXHIBIT B
CATERPILLAR INC. |
|||||||||||
|
2001 |
2000 |
|||||||||
|
|||||||||||
Contributions: |
|||||||||||
|
Participants |
$ |
125,599 |
$ |
122,645 |
||||||
Employer |
40,152 |
34,753 |
|||||||||
|
|
|
Total contributions |
165,751 |
157,398 |
||||||
|
|||||||||||
Investment income (loss): |
|||||||||||
|
Interest |
59 |
116 |
||||||||
Dividends |
25,901 |
23,338 |
|||||||||
|
Net appreciation (depreciation) in fair value of: |
||||||||||
Common stock |
149,246 |
(123,297 |
) | ||||||||
|
|
Collective trust fund |
547 |
735 |
|||||||
Registered investment companies |
(10,401 |
) | (6,843 |
) | |||||||
|
Plan interest in net investment income (loss) of Master Trust |
12,485 |
(34,325 |
) | |||||||
|
|||||||||||
Net investment income (loss) |
177,837 |
(140,276 |
) | ||||||||
Withdrawals |
(169,567 |
) | (131,774 |
) | |||||||
Transfers from other plans, net |
3,472 |
6,725 |
|||||||||
|
|
|
Withdrawals and transfers, net |
(166,095 |
) | (125,049 |
) | ||||
|
|||||||||||
Increase (decrease) in net assets available for benefits |
177,493 |
(107,927 |
) | ||||||||
Net assets available for benefits: |
|||||||||||
Beginning of year |
2,149,019 |
2,256,946 |
|||||||||
|
End of year |
$ |
2,326,512 |
$ |
2,149,019 |
||||||
|
|||||||||||
The accompanying notes are an integral part of the financial statements |
-6-
CATERPILLAR INC.
EMPLOYEES' INVESTMENT PLAN
NOTES TO FINANCIAL STATEMENTS
NOTE 1 - PLAN DESCRIPTION:
The following description of the Caterpillar Inc. Employees' Investment Plan (the Plan)
provides only general information. Employees should refer to the Plan agreement for a more
complete description of the Plan's provisions.
General
The Plan is a contributory defined contribution plan established by Caterpillar Inc.
(the Company) to enable eligible employees of the Company and its subsidiaries (the
participating employers) which adopt the Plan to accumulate funds.
Participation
Generally, employees of participating employers, other than those employed under
collective bargaining agreements, who meet certain age, service and citizenship or
residency requirements are eligible to participate in the plan. Participation commences
upon an eligible employee's filing of an application with the Investment Plan Committee.
Participating eligible employees (the participants) may acquire ownership interests in the
Company through purchases of its common stock (Part 1). Additionally, the participants may
elect to defer a portion of their compensation until retirement under the Special
Investment Supplement of the Plan (Part 2).
Effective December 1, 2000, Part 1 of the Plan was converted to a stock bonus plan and a
non-leveraged employee stock ownership plan (ESOP). The ESOP portion of the plan is
designed to be invested primarily in the Company shares, which are considered qualifying
employer securities as described by the Internal Revenue Code. The change to an ESOP
had no
material effect on the operation of the Plan.
Participant accounts
Accounts are separately maintained for Part 1 and Part 2 for each participant. The
participant's account under Part 1 is credited with the participant's contribution, the
employer's contribution and an allocation of Plan earnings. The participant's account
under Part 2 of the Plan is credited with the participant's contribution as defined below
and an allocation of Plan earnings. Allocations of earnings are based on participant
account balances, as defined. The benefit to which a participant is entitled is the
benefit that can be provided from the participant's vested accounts.
Loan provisions
The Plan provides for participant loans against eligible participants' Part 2 account
balances. Eligible participants obtain participant loans by filing a loan application with
the Company and receiving approval thereof. Loan amounts are generally limited to the
lesser of $50,000 or 50% of the individual participant's vested account balance,
with
certain regulatory restrictions. Loan repayment terms may range from 6 to 117 months
depending on the type of loan and bear interest at the prime interest rate plus 1% rounded
to the nearest whole percent, as determined at the time of loan origination. Repayments,
including interest, are made through after-tax payroll deductions and are credited to the
individual participant's account balance.
-7-
Contributions
Part 1 -
Participant contributions are made through after-tax payroll deductions based on a
percentage (2%-6%) of total earnings as elected by the employee. Participants with 25 or
more years of service with the employers may contribute an additional 1%-4% of earnings.
Employer contributions are 50%, 66-2/3% or 80% of participant contributions (up to 6% of
earnings), based on the participant's years of service.
Part 2 -
Participant contributions are made through a pretax compensation deferral as elected
by the participants and are contributed to the Plan by the participating employers. For 2001 and 2000,
the compensation deferral was limited to (a) the greater of $6,000 or 4% of the
participant's compensation (limited by the Internal Revenue Code to $10,500 in 2001 and
2000) for participants earning in excess of $85,000 in 2001 and $80,000 in 2000 or (b) $10,500 in 2001 and
2000 for participants earning less
than $85,000 in 2001 and $80,000 in 2000.
Certain employee groups also receive a Company matching contribution ranging from 100% of
the first 2% and 50% in excess of 2% up to 8% of the participants' eligible compensation.
Investment programs
Part 1 -
Employer contributions are invested entirely in Caterpillar Inc. common stock.
Participants may elect to have their contributions invested as follows: (1) 100% in
Caterpillar Inc. common stock or (2) 50% in Caterpillar Inc. common stock and 50% in a
Collective Government Short-Term Investment Fund until June 30, 2001. After June 30, 2001,
all contributions were invested in Caterpillar Inc. common stock. The Collective
Government Short-Term Investment Fund is managed by The Northern Trust Company.
Part 2 -
Participants may elect to have their contributions invested in any combination of the
following thirteen investment fund options at December 31, 2001:
|
|
In addition, a self-directed fund option allows participants to invest
in various other mutual funds outside of the standard Plan options. State Street Bank
serves as custodian for funds invested through this self-directed fund option.
Vesting and distribution provisions
Part 1 -
Participants are immediately fully vested at all times in participant contributions
and earnings thereon.
Participants begin vesting in employer contributions generally after the end of the second
year of plan participation. Participants generally vest at the rate of 33% per year,
resulting in full vesting by participants in employer contributions after five years of
service with the Company. Any amounts not vested at withdrawal are forfeited and are
applied to reduce the amount of future employer contributions to the Plan. Shares become
fully vested upon retirement, permanent disability or death.
-8-
While an employee, a participant may elect to withdraw all participant
contributions and related earnings as provided by the Plan. Employer contributions may
also be withdrawn based on vested status as provided by the Plan. Upon termination of
employment, participants may elect (with spousal consent, if applicable) to receive their
shares by immediate distribution or a deferred distribution. If termination is due to
retirement or disability, participants may elect (with spousal consent, if applicable)
various annuity payments.
Part 2 -
Participants are immediately fully vested in their participant contributions and
earnings thereon. Upon termination of employment for any reason, including death,
retirement or total and permanent disability, or upon Plan termination, the vested
balances in participants' accounts are distributable.
Participants vest immediately in the Company's matching contributions and the earnings
thereon.
Transfers from Part 1 to Part 2
On a monthly basis, participants are allowed to transfer some or all of their vested
balances in the Part 1 accounts to Part 2 of the Plan. Participants are allowed only one
such transfer per month.
Administration
The Plan is administered by the Investment Plan Committee, which is responsible for
nonfinancial matters, and the Benefits Funds Committee, which is responsible for financial
aspects of the Plan. Caterpillar Inc. and the Benefit Funds Committee have entered into
trust agreements with The Northern Trust Company to receive contributions, administer the
assets of the Plan and distribute withdrawals pursuant to the Plan.
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, each participant in Part 1 shall
have a fully vested interest in the assets attributable to employer contributions and
earnings thereon. Any unallocated assets of the Plan will be allocated to participant
accounts and distributed in such a manner as the company may determine.
Federal income tax status
The Internal Revenue Service has determined and informed the Company by letter dated
April 13, 1999, that the Plan and related trust are designed in accordance with applicable
sections of the Internal Revenue Code (IRC). The Plan has been amended subsequent to the
determination letter; however, the Plan administrator believes that the Plan is designed
and is currently being operated in compliance with the applicable requirements of the IRC.
Therefore, they believe that the Plan is qualified and the related trust is tax-exempt as
of the financial statement date.
Risks and uncertainties
The Plan provides for various investment options in any combination of stocks, bonds,
fixed income securities, mutual funds and other investment securities, including a
significant amount of common stock of the Company. Investment securities are exposed to
various risks, such as interest rate, market and credit risks. Due to the level of risk
associated with certain investment securities, it is at least reasonably possible that
changes in the values of investment securities could occur in the near term and that such
changes could materially affect participants' account balances and the amounts reported in
the statement of net assets available for benefits.
-9-
Reclassifications
Certain 2000 amounts have been reclassified to conform with the 2001 presentation.
These reclassifications have no impact on net assets as previously presented.
NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES:
Basis of accounting
The Plan's accounts are maintained on the accrual basis of accounting.
Investments
The Plan's investments are stated at fair value. Caterpillar Inc. common stock is
valued at quoted market prices. The fair value of the Plan's investment in the Collective
Government Short-Term Investment Fund and the 401(k) Master Trust (Note 4) is based upon
the beginning of the year value of the Plan's investment plus actual contributions,
transfers and allocated investment income (loss) less actual withdrawals. Shares of registered
investment companies included in the self-directed fund option are valued at quoted market
prices which represent the net asset value of shares held by the Plan at year end. Income
from investments is recorded as earned.
Contributions
Contributions to the Caterpillar Common Stock Fund under Part 1 of the Plan are made
directly to the trust and shares are immediately purchased by the trust on the open
market.
Administrative expenses
Administrative costs, including trustee fees and certain investment costs, are paid by
the Company.
Withdrawals
Withdrawals are recorded when paid.
Transfers
As detailed in Note 1, on a monthly basis, participants are allowed to transfer vested
balances in the Part 1 accounts to Part 2 of the Plan. At November 30, transfers payable
represent such transfers for the month of November. The related receivable is recorded by
the Master Trust and is included in the Plan's Investment in the Master Trust Net Assets
at November 30, 2001 and 2000.
Transfers from other plans generally represent
account balance transfers for participants who transfer from one plan covered by the
Master Trust to another plan covered by the Master Trust. In addition, during 2001, the
Perkins Engines Retirement Plan merged into the Plan with participant account balances of
$2,359,000 which were transferred into the Plan through this line item. During 2000, the
Caterpillar Agricultural Products Inc. Shop Employees Retirement Plan and Caterpillar
Agricultural Products Inc. Office Employees Retirement Plan merged into the Plan with
participant account balances of $7,759,000 which were transferred into the Plan through
this line item.
Use of estimates in the preparation of financial statements
The preparation of financial statements in conformity with accounting principles
generally accepted in the United States of America requires management to make estimates
and assumptions that affect the reported amounts of assets, liabilities, income and
benefit payments. Actual results could differ from those estimates. The Company believes
the techniques and assumptions used in establishing these amounts are appropriate.
-10-
NOTE 3 - INVESTMENTS:
All employer matching contributions under Part 1 of the Plan are directed by the Company
into a Caterpillar Inc. Common Stock Fund. By definition, this fund is nonparticipant
directed. Details of the net assets of Part 1 - Caterpillar Inc. Common Stock Fund, and
significant components of the changes in net assets relating to this fund, are as follows:
November 30, |
|||||||||||
2001 |
2000 |
||||||||||
(Dollars in 000's) |
|||||||||||
Net assets - Part 1 Caterpillar Inc. Common Stock Fund: |
|||||||||||
Common stock |
$ |
910,422 |
$ |
728,130 |
|||||||
Common and collective trust |
126 |
103 |
|||||||||
Employer contributions receivable |
766 |
665 |
|||||||||
Participant contributions receivable |
1,421 |
1,251 |
|||||||||
Interest and dividends receivable |
7 |
12 |
|||||||||
Transfers payable to Part 2 |
(798 |
) | (637 |
) | |||||||
Other receivables (payables) |
24 |
(3 |
) | ||||||||
Net assets - Part 1 Caterpillar Inc. Common Stock Fund |
$ |
911,968 |
$ |
729,521 |
|||||||
|
For the year ended |
||||||||||
2001 |
2000 |
||||||||||
(Dollars in 000's) |
|||||||||||
Changes in net assets - Part 1 Caterpillar Inc. Common Stock Fund: |
|||||||||||
Employer contributions |
$ |
42,054 |
$ |
34,443 |
|||||||
Participant contributions | 62,432 |
62,558 |
|||||||||
|
Interest and dividends | 25,960 |
23,454 |
||||||||
Net appreciation (depreciation) | 149,246 |
(123,297 |
) | ||||||||
|
Withdrawals | (70,416 |
) | (37,240 |
) | ||||||
Transfers to participant-directed investments | (26,829 |
) | (24,221 |
) | |||||||
Net increase (decrease) |
$ |
182,447 |
$ |
(64,303 |
) | ||||||
NOTE 4 - MASTER TRUST:
Under a Master Trust agreement with The Northern Trust Company (the Trustee), Part 2 of
the Caterpillar Inc. Employees' Investment Plan (EIP), the Solar Turbines Incorporated
Savings and Investment Plan and the Caterpillar Inc. Tax Deferred Savings Plan pool their
investments in the Caterpillar Inc. 401(k) Master Trust (the Master Trust) in exchange for
a percentage of participation in the Trust.
-11-
The Master Trust invests mainly in the Preferred Group of Mutual Funds,
registered investment companies which are sponsored by Caterpillar Investment Management
Ltd. (CIML), a wholly-owned subsidiary of Caterpillar, Inc. The investment options
available to the participants are summarized in Note 1.
CIML manages the Preferred Small Cap Fund and the Preferred Short-Term Government Fund.
All other funds are managed by unrelated investment managers. Caterpillar Securities,
Inc., a wholly-owned subsidiary of CIML, distributes the shares of the mutual funds to the
Master Trust.
The percentage of the Plan's participation in the Master Trust was determined based on the
November 30, 2001 and 2000 fair values of net assets, as accumulated by the Trustee
for the investment funds of each plan. At November 30, 2001 and 2000, the Plan's pro rata
interest in the quoted fair values of net assets of the Master Trust was 82.26% and
82.82%, respectively.
Investment valuation
The Master Trust's investments are stated at fair value. Common stock
and cash and cash equivalents are valued at 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 Master Trust at year end. Common and collective trust investments
are valued at beginning of year value of the Master Trust's investment plus actual
contributions, transfers and allocated investment income less actual withdrawals.
Participant loans are valued at estimated fair value which consists of outstanding
principal and related accrued interest.
The net investment income or loss of the Master Trust is reflected in the financial
statements of the Plan based on the actual earnings of each investment fund as allocated
to the Plan based on average investment balances throughout the year.
Details of the net assets and significant components of the net investment (loss) income
of the Master Trust are as follows:
November 30, |
||||||||
2001 |
2000 |
|||||||
(Dollars in 000's) |
||||||||
Investments, at fair value: |
||||||||
Cash and cash equivalents |
$ |
17,338 |
$ |
12,940 |
||||
Common stock |
380,025 |
387,336 |
||||||
Registered investment companies |
1,100,313 |
1,078,109 |
||||||
Common and collective trust |
166,378 |
131,689 |
||||||
Participant loans |
26,096 |
27,597 |
||||||
Total investments |
1,690,150 |
1,637,671 |
||||||
Dividend and interest receivable |
29 |
57 |
||||||
Transfers receivable from EIP Part 1 |
800 |
649 |
||||||
Contributions receivable |
5,587 |
5,461 |
||||||
Other (payable)/receivable, net |
(1,241 |
) |
204 |
|||||
Net assets of Master Trust |
$ |
1,695,325 |
$ |
1,644,042 |
||||
-12-
For the year ended |
|||||||||
2001 |
2000 |
||||||||
(Dollars in 000's) |
|||||||||
Investment income: |
|||||||||
Interest |
$ |
3,049 |
$ |
3,440 |
|||||
Dividends |
25,901 |
12,048 |
|||||||
Net appreciation (depreciation) in fair value of: |
|||||||||
Common stock |
69,221 |
(42,285 |
) | ||||||
Registered investment companies |
(95,800 |
) | (23,188 |
) | |||||
Common and collective trust |
7,824 |
7,159 |
|||||||
Net investment (loss) income |
$ |
10,195 |
$ |
(42,826 |
) | ||||
-13-
SUPPLEMENTAL SCHEDULES
-14-
SCHEDULE I
CATERPILLAR INC. |
||||||||||
(a) |
(b) |
(c) |
(d) |
(e) |
||||||
Identity
of issue, |
Description
of investment, including |
Cost ** |
Current |
|||||||
* |
Caterpillar Inc. | Common stock; 19,199,115 shares | $ |
642,270,511 |
$ |
910,422,033 |
||||
* |
Northern Trust | Collective Short-Term Investment Fund; 125,765 units | 125,765 |
|||||||
* |
Northern Trust | Collective Government Short-Term Investment Fund; 12,090,203 units | 12,090,203 |
|||||||
* |
Caterpillar Inc. | 401(k) Master Trust |
1,359,311,500 |
|||||||
Accessor | FDS Income Growth; 144.57 units | 3,273 |
||||||||
FDS Income Small to Mid-Cap; 258.09 units | 4,176 |
|||||||||
Active | PWR Inc.; 414.00 units | 2,467 |
||||||||
AIM | Constellation; 149.66 units | 3,252 |
||||||||
Dent Demographic Trends Class A; 786.16 units | 6,808 |
|||||||||
Developing Markets Class B; 812.06 units | 5,969 |
|||||||||
European Developments Class C; 889.50 units | 14,632 |
|||||||||
Global Growth Class A; 260.44 units | 3,987 |
|||||||||
Alger | Capital Appreciation Class A; 233.78 units | 2,078 |
||||||||
Alleghany/Veredus | Aggressive Growth Class N; 1,438.41 units | 26,553 |
||||||||
Alliance | Growth & Income Class A; 1,506.87 units | 5,485 |
||||||||
North American Government Class B; 74.26 units | 525 |
|||||||||
Technology Class A; 50.99 units | 3,419 |
|||||||||
Technology Class B; 163.10 units | 10,156 |
|||||||||
American | Growth Fund of America Class C; 244.98 units | 5,669 |
||||||||
American Century | Benham Target Maturity TR 2020; 128.37 units | 5,015 |
||||||||
Benham Target Maturity TR 2025; 137.46 units | 4,551 |
|||||||||
20th Century Emerging Markets; 783.07 units | 3,171 |
|||||||||
20th Century International Growth; 10,529.42 units | 82,761 |
|||||||||
20th Century Ultra; 2,616.59 units | 70,831 |
|||||||||
Benham GMNA; 2,684.34 units | 28,776 |
|||||||||
Global Gold; 15,196.58 units | 76,743 |
|||||||||
Global Growth; 105.68 units | 653 |
|||||||||
Global Natural Resource; 1,699.66 units | 19,750 |
|||||||||
Income & Growth; 2,576.88 units | 69,215 |
|||||||||
Intermediate Bond; 703.98 units | 7,181 |
|||||||||
Life Sciences; 1,816.24 units | 8,845 |
|||||||||
Small Cap Value; 28,131.87 units | 216,334 |
|||||||||
American Heritage | American Heritage Fund; 9,899.07 units | 990 |
||||||||
American Washington | Mutual Investors C; 185.42 units | 5,299 |
||||||||
Amerindo | Technology Class D; 506.33 units | 2,678 |
||||||||
Ameristock | Ameristock Mutual Funds; 715.28 units | 29,155 |
||||||||
Ariel | Appreciation Class B; 2,961.82 units | 107,692 |
||||||||
Growth Class A; 526.21 units | 19,175 |
|||||||||
ARK | Small Cap Equity Class A; 91.80 units | 1,434 |
||||||||
Artisan | International Fund; 5,294,08 units | 93,758 |
||||||||
Mid Cap; 635.55 units | 15,698 |
|||||||||
Small Cap; 195.00 units | 2,498 |
|||||||||
ASAF | Janus Small-Cap Growth Class B; 1,427.75 units | 16,847 |
||||||||
|
||||||||||
Babson | DL Growth; 2,211.93 units | 24,575 |
||||||||
Value Income; 2,042.59 units | 84,379 |
|||||||||
Baron | Asset Fund; 5,247.70 units | 214,106 |
||||||||
Growth & Income; 1,142.86 units | 32,412 |
|||||||||
Small Cap Fund; 3,484.84 units | 48,892 |
|||||||||
I Opportunity; 343.70 units | 1,849 |
|||||||||
Berger | Balanced Retail; 866.90 units | 11,826 |
||||||||
Large Cap Growth N/C; 2,169.06 units | 23,860 |
|||||||||
Mid Cap Value; 123.92 units | 2,024 |
|||||||||
New Gen Retail; 4,035.02 units | 30,464 |
|||||||||
Select Retail; 509.91 units | 3,488 |
|||||||||
Small Cap Val Retail; 1,160.42 units | 33,060 |
|||||||||
Small Co Growth Retail; 4,374.64 units | 13,474 |
|||||||||
Berkshire | Focus Fund; 733.79 units | 7,103 |
||||||||
Bjurman | Micro Cap Growth; 641.05 units | 30,578 |
||||||||
Black | Black Oak Emerging Technology Fund; 2,436.98 units | 9,358 |
||||||||
Blackrock | International Small Cap Equity Institution; 217.41 units | 3,376 |
||||||||
Micro Cap Equity Inst; 44.56 units | 907 |
|||||||||
Boston Partners | Small Cap Value 11; 255.81 units | 4,262 |
||||||||
Brandywine | Blue Fund; 7,043.28 units | 150,444 |
||||||||
Bridgeway | Aggressive Growth; 2,521.11 units | 92,273 |
||||||||
Micro Cap Limited; 2,453.39 units | 23,135 |
|||||||||
BT Investment | International Equity; 174.70 units | 3,227 |
||||||||
Buffalo | Small Cap Growth; 2,470.64 units | 46,102 |
||||||||
Montag & Caldwell | Growth Fund; 151.10 units | 3,614 |
||||||||
Calamos | Convertible Class A N/C; 290.61 units | 5,376 |
||||||||
Calvert | Large Cap Growth Class I N/C; 716.99 units | 14,963 |
||||||||
Cash | Cash; 194,72 units | 195 |
||||||||
Citizens | Emerging Growth; 1,444.39 units | 19,326 |
||||||||
Global Equity N/C; 36.42 units | 585 |
|||||||||
Clipper | Clipper Fund; 3,191.21 units | 272,976 |
||||||||
Clover | Small Cap Value; 1,320.09 units | 24,303 |
||||||||
Cohen & Steers | Realty Shares Income; 1,184.11 units | 52,397 |
||||||||
Special Equity Fund; 121.48 units | 3,248 |
|||||||||
Columbia | High Yield; 120.59 units | 1,090 |
||||||||
Real Estate Equity; 972.56 units | 17,312 |
|||||||||
Small Cap; 100.81 units | 2,096 |
|||||||||
Credit Suisse | Cap Appreciation N/C; 2,820.80 units | 50,069 |
||||||||
War Pin Japan Small Company; 8,200.31 units | 14,515 |
|||||||||
War Pincus Emerging Markets N/C; 214.94 units | 1,535 |
|||||||||
War Pincus Global Telecom N/C/ 2,087.92 units | 61,427 |
|||||||||
War Pincus Intl Equity N/C; 3,517.58 units | 40,909 |
|||||||||
War Pincus Intl Sm Co N/C; 615.22 units | 9,265 |
|||||||||
War Pincus Japan Growth N/C; 1,607.90 units | 8,259 |
|||||||||
War Pincus N/C; 219.25 units | 4,332 |
|||||||||
War Pincus Small Co Grow; 49.43 units | 834 |
|||||||||
WP Glo Post Venture Capital N/C; 1,495.51 units | 23,779 |
|||||||||
Davis | New York Venture Class A; 190.96 units | 4,759 |
||||||||
Dodge & Cox | Balance; 115.24 units | 7,636 |
||||||||
Stock; 64.80 units | 6,482 |
|||||||||
|
||||||||||
Dresdner | RCM Biotechnology N; 4,935.80 units | 138,696 |
||||||||
RCM Europe Class N; 783.47 units | 6,189 |
|||||||||
RCM Global Health Care N; 1,125.12 units | 23,560 |
|||||||||
RCM Global Technology Class N; 189.86 units | 5,496 |
|||||||||
RCM Global Technology Fund; 2,779.37 units | 81,130 |
|||||||||
Dreyfus | Aggressive Value Fund; 180.05 units | 4,035 |
||||||||
Appreciation Fund; 60.20 units | 2,310 |
|||||||||
Emerging Leaders Fund; 392.08 units | 12,943 |
|||||||||
Emerging Markets; 2,114.31 units | 23,300 |
|||||||||
Founders Worldwide Class F N/C; 295.46 units | 3,433 |
|||||||||
Dreyfus Fund; 406.22 units | 4,034 |
|||||||||
Intermediate Term Income; 1,134.45 units | 14,555 |
|||||||||
International Stock Index; 1,212.12 units | 13,309 |
|||||||||
Midcap Index Fund; 4,788.47 units | 99,265 |
|||||||||
Midcap Value Fund; 682.08 units | 18,123 |
|||||||||
New Leaders; 162.33 units | 6,363 |
|||||||||
S&P 500 Index Fund; 3,624.79 units | 121,249 |
|||||||||
Small Company Value Fund; 44.35 units | 1,126 |
|||||||||
Technology Growth Fund; 950.66 units | 23,776 |
|||||||||
Driehaus | International Discovery; 160.25 units | 3,122 |
||||||||
Eaton Vance | Utilities Class A; 967.43 units | 7,246 |
||||||||
Worldwide Health Services Class A; 903.74 units | 9,281 |
|||||||||
Worldwide Health Services Class B; 2,907.87 units | 32,481 |
|||||||||
Evergreen | HealthCare Class B; 135.04 units | 2,109 |
||||||||
Omerga Class B; 398.94 units | 8,298 |
|||||||||
Utility Class A; 708.14 units | 6,090 |
|||||||||
Excelsior | Income
Business & Industrial Restructuring FD; 446.07 units |
13,788 |
||||||||
FBR | Small Cap Financial Fund; 936.06 units | 19,760 |
||||||||
Federated | Bond Class A; 1,584.94 units | 13,821 |
||||||||
International Small Company Class A N/C; 2,110.73 units | 37,001 |
|||||||||
Kaufmann Class K N/C; 5,450.24 units | 22,673 |
|||||||||
Fidelity | Asset Manager Growth; 879.10 units | 12,835 |
||||||||
Balanced; 1,250.46 units | 18,532 |
|||||||||
Blue Chip Growth; 390.42 units | 25,288 |
|||||||||
Capital & Income; 3,166.28 units | 21,784 |
|||||||||
Contra Fund; 2,983.94 units | 125,326 |
|||||||||
Convertible Securities; 1,137.80 units | 22,187 |
|||||||||
Diversified International; 3,508.40 units | 65,888 |
|||||||||
Dividend Growth; 8,429.12 units | 235,425 |
|||||||||
Emerging Growth; 5,578.79 units | 105,941 |
|||||||||
Emerging Markets; 166.73 units | 1,214 |
|||||||||
Equity Income II; 1,124.92 units | 23,859 |
|||||||||
Europe Capital Appreciation; 687.74 units | 11,176 |
|||||||||
Export & Multinational; 321.76 units | 5,351 |
|||||||||
Fidelity Fund; 3,879.46 units | 109,944 |
|||||||||
Ginnie Mae; 5,807.63 units | 63,652 |
|||||||||
Growth & Income; 2,177.15 units | 81,012 |
|||||||||
Growth Company; 6,634.09 units | 350,612 |
|||||||||
International Value; 707.04 units | 8,329 |
|||||||||
|
||||||||||
Japan; 232.71 units | 2,253 |
|||||||||
Japan Small Companies; 893.14 units | 6,163 |
|||||||||
Latin America; 243.90 units | 2,732 |
|||||||||
Low Priced Stock; 392.67 units | 10,300 |
|||||||||
Magellan; 65.01 units | 6,725 |
|||||||||
Mid Cap Stock; 9,738.85 units | 213,476 |
|||||||||
New Markets Income; 923.47 units | 10,029 |
|||||||||
OTC Port; 644.69 units | 19,663 |
|||||||||
Overseas; 84.74 units | 2,321 |
|||||||||
Pacific Basin; 158.41 units | 2,202 |
|||||||||
Puritan; 520.83 units | 9,219 |
|||||||||
Real Estate Investment; 6,133.35 units | 117,883 |
|||||||||
Retirement Growth; 309.65 units | 4,905 |
|||||||||
Select NWK & Infrastructure; 10,549.88 units | 31,017 |
|||||||||
Select Wireless Portfolio; 2,120.28 units | 11,619 |
|||||||||
Short Term Bond; 1,150.23 units | 10,168 |
|||||||||
Small Cap Stock; 782.25 units | 10,654 |
|||||||||
Southeast Asia; 2,029.43 units | 20,883 |
|||||||||
Stock Selector; 323.76 units | 6,786 |
|||||||||
Trends; 147.42 units | 7,117 |
|||||||||
US Bond Index; 445.24 units | 4,862 |
|||||||||
Utilities; 146.54 units | 1,912 |
|||||||||
Value; 1,040.12 units | 51,954 |
|||||||||
Worldwide; 193.26 units | 2,781 |
|||||||||
Firsthand | Communications; 13,327.34 units | 44,247 |
||||||||
E-Commerce; 19,541.32 units | 60,578 |
|||||||||
Technology Leaders; 2,706.39 units | 51,638 |
|||||||||
Technology Innovator; 6,354.07 units | 96,836 |
|||||||||
Technology Value; 12,912.43 units | 531,218 |
|||||||||
Franklin | Biotech Discovery Fund A; 143.91 units | 8,223 |
||||||||
CA Growth Class I; 94.70 units | 2,951 |
|||||||||
Global Health Care; 49.95 units | 1,136 |
|||||||||
Real Estate Securities Class I; 1,092.68 units | 17,723 |
|||||||||
Fremont | Real Estate Securities; 59.31 units | 512 |
||||||||
US Micro Capital; 1,225.35 units | 32,888 |
|||||||||
US Small Cap; 278.58 units | 3,396 |
|||||||||
Gabelli | Asset Shares Ben International; 1,198.94 units | 39,193 |
||||||||
Global Inter-Active Couch Potato; 3,805.45 units | 57,729 |
|||||||||
Growth Shares Ben International; 2,672.57 units | 76,943 |
|||||||||
Westwood Mighty Mites Fund; 93.26 units | 1,057 |
|||||||||
Galaxy | Small Capital Value Trust Shares; 6,682.11 units | 99,363 |
||||||||
Genomics | Genomics Fund.com; 978.05 units | 4,646 |
||||||||
Goldman Sachs | Core US Equity Class B; 908.92 units | 21,414 |
||||||||
Growth Opportunities CL C; 1,040.04 units | 18,700 |
|||||||||
Intl Equity Class B; 544.78 units | 7,899 |
|||||||||
Small Cap Equity Class B; 712.29 units | 18,854 |
|||||||||
Green | Century Balanced; 182.96 units | 2,783 |
||||||||
Growth | Fund of America; 3,923.15 units | 91,919 |
||||||||
|
||||||||||
Harbor | Bond; 9,795.03 units | 116,561 |
||||||||
Capital Appreciation; 9,235.56 units | 268,755 |
|||||||||
Growth; 532.01 units | 6,171 |
|||||||||
Hartford | Capital Appreciation CL B; 666.21 units | 16,395 |
||||||||
Stock Class B; 1,212.57 units | 21,147 |
|||||||||
Henlopen | Henlopen Fund; 902.91 units | 16,623 |
||||||||
Idex | Global Class A; 310.01 units | 7,797 |
||||||||
Income | Fund of America; 1,524.07 units | 24,537 |
||||||||
Invesco | Balanced N/C; 419.68 units | 6,085 |
||||||||
Blue Chip Growth N/C; 2,822.38 units | 7,508 |
|||||||||
Dynamics N/C; 2,020.22 units | 31,111 |
|||||||||
Endeavor N/C; 4,501.14 units | 42,806 |
|||||||||
Energy N/C; 858.05 units | 13,797 |
|||||||||
Financial Services N/C; 771.06 units | 20,657 |
|||||||||
Gold N/C; 23,051.96 units | 38,036 |
|||||||||
Health Sciences N/C; 3,844.02 units | 200,389 |
|||||||||
High Yield Bond N/C; 2,302.44 units | 8,496 |
|||||||||
International European; 1,471.33 units | 16,508 |
|||||||||
Leisure N/C; 1,433.77 units | 51,458 |
|||||||||
Small Company Growth N/C; 257.16 units | 2,950 |
|||||||||
Technology N/C; 2,132.44 units | 69,816 |
|||||||||
Telecommunications #39 N/C; 12,043.56 units | 201,127 |
|||||||||
Utilities N/C; 660.57 units | 7,544 |
|||||||||
Investec | Asia Small Cap N/C; 820.13 units | 4,568 |
||||||||
China & Hong Kong N/C; 260.54 units | 3,046 |
|||||||||
Internet.com Index N/C; 211.59 units | 925 |
|||||||||
Mainland China N/C; 286.49 units | 2,169 |
|||||||||
Wired Index N/C; 2,958.35 units | 38,577 |
|||||||||
Wireless World N/C; 3,888.03 units | 18,079 |
|||||||||
Investment | Investment Company of America; 2,441.20 units | 70,526 |
||||||||
IPS | Millennium Fund; 841.16 units | 24,764 |
||||||||
Jacob | Internet; 4,034.61 units | 3,429 |
||||||||
Janus | Enterprise; 11,808.51 units | 373,976 |
||||||||
Flexible Income; 2,050.76 units | 19,154 |
|||||||||
Janus Fund; 14,388.45 units | 351,510 |
|||||||||
Janus Fund 2; 1,025.33 units | 7,567 |
|||||||||
Global Life Sciences; 23,195.84 units | 403,376 |
|||||||||
Global Technology; 40,001.39 units | 480,417 |
|||||||||
Global Value Fund; 38.50 units | 402 |
|||||||||
High Yield Bond; 2,315.36 units | 21,880 |
|||||||||
Investment Balanced; 10,649.15 units | 209,682 |
|||||||||
Investment Equity Income; 2,669.35 units | 47,488 |
|||||||||
Investment Growth & Income; 15,236.62 units | 450,852 |
|||||||||
Investment Mercury; 40,960.66 units | 837,236 |
|||||||||
Investment Overseas; 4,522.42 units | 88,594 |
|||||||||
Investment Short Term Bond; 390.93 units | 1,153 |
|||||||||
Investment Twenty; 9,127.19 units | 354,682 |
|||||||||
Investment Worldwide; 24,444.03 units | 1,045,227 |
|||||||||
|
||||||||||
Olympus; 24,595.94 units | 667,288 |
|||||||||
Orion Fund; 13,755.30 units | 77,717 |
|||||||||
Special Situations; 10,163.15 units | 147,467 |
|||||||||
Strategic Value Fund; 40,280.30 units | 364,537 |
|||||||||
Japan | Japan Fund; 438.42 units | 3,117 |
||||||||
John Hancock | Biotechnology CL B; 344.93 units | 3,587 |
||||||||
Financial Industries Class C; 229.01 units | 3,625 |
|||||||||
Focused Relative Value CL B; 275.23 units | 2,284 |
|||||||||
Health Sciences Class C; 344.98 units | 13,630 |
|||||||||
Small Cap Value Class B; 365.19 units | 4,781 |
|||||||||
Sovern Emerging Growth Class B; 1,072.57 units | 8,945 |
|||||||||
Sovern Global Tech Class B; 1,118.69 units | 5,168 |
|||||||||
Liberty Acorn | Class Z N/C; 6,464.12 units | 109,179 |
||||||||
Foreign Forty CL Z N/C; 432.84 units | 5,082 |
|||||||||
International CL Z N/C; 917.51 units | 16,625 |
|||||||||
Lindner | Bulwark; 985.38 units | 6,149 |
||||||||
Investments Dividend; 1,128.39 units | 23,267 |
|||||||||
Longleaf | International; 405.01 units | 4,933 |
||||||||
Loomis | Sayles Aggressive Growth Institution; 138.49 units | 2,280 |
||||||||
Sayles Bond; 342.76 units | 3,681 |
|||||||||
Managers FDS | International Equity; 572.70 units | 21,654 |
||||||||
Special Equity; 273.74 units | 18,258 |
|||||||||
Marketocracy | Medical Specialist N/C; 190.29 units | 2,485 |
||||||||
Marsico | 21st Century Fund; 1,199.92 units | 8,687 |
||||||||
Focus; 3,592.45 units | 48,390 |
|||||||||
Masters | Select Equity; 988.17 units | 12,056 |
||||||||
Select International; 852.52 units | 10,495 |
|||||||||
Matthews | Dragon Century China; 1,484.85 units | 13,839 |
||||||||
Mercury | HW International Value Class I N/C; 224.08 units | 4,719 |
||||||||
Meridian | Value Fund; 1,945.11 units | 60,435 |
||||||||
Metropolitan | West Low Duration; 501.97 units | 5,035 |
||||||||
MFS | Emerging Growth Class B; 312.75 units | 9,658 |
||||||||
High Income Class B; 17,360.98 units | 67,361 |
|||||||||
Investor Growth Stock Class B; 718.94 units | 8,548 |
|||||||||
New Discovery Class B; 559.61 units | 8,892 |
|||||||||
MicroSoft | MicroSoft Corp; 150.00 units | 9,632 |
||||||||
Midas | Midas Fund; 3,747.49 units | 3,335 |
||||||||
Montgomery | Emerging Markets; 86.51 units | 702 |
||||||||
Global Communication; 3,240.71 units | 32,537 |
|||||||||
Growth; 2,592.64 units | 34,612 |
|||||||||
International Growth; 206.15 units | 2,183 |
|||||||||
MSIF | Mid Cap Value Portfolio N/C; 5,071.28 units | 98,941 |
||||||||
Small Cap Growth Instl N/C; 117.51 units | 3,350 |
|||||||||
Trust Mid Cap Growth Port N/C; 335.85 units | 5,720 |
|||||||||
Muhlenkamp | Fund; 9.61 units | 481 |
||||||||
Munder | Framlington Healthcare Class C; 56.83 units | 1,212 |
||||||||
Framlington Healthcare Class B; 1,121.39 units | 23,942 |
|||||||||
Future Technology Class A; 67.25 units | 328 |
|||||||||
Future Technology Class B; 420.17 units | 2,021 |
|||||||||
International Net Net Class B; 1,260.29 units | 3,226 |
|||||||||
|
||||||||||
Net Net Class A; 329.01 units | 5,738 |
|||||||||
Net Net Class B; 812.452 units | 13,804 |
|||||||||
Net Net Class C; 132.94 units | 2,260 |
|||||||||
Mutual Series | Beacon Class Z; 688.25 units | 9,346 |
||||||||
Discovery Class Z; 3,003.94 units | 55,543 |
|||||||||
European Class Z; 1,735.61 units | 25,253 |
|||||||||
Qualified Income Class Z; 2,465.35 units | 41,862 |
|||||||||
Shares Class Z; 366.43 units | 7,281 |
|||||||||
Navellier | Aggressive Micro Cap; 129.80 units | 2,913 |
||||||||
Mid Cap Growth Portfolio; 1,334.08 units | 28,749 |
|||||||||
Needham | Growth Fund; 1,175.82 units | 31,712 |
||||||||
Neuberger & Berman | Focus Trust Firmly Selected Sectors TR; 1,116.08 units | 29,543 |
||||||||
Genesis Fund; 104.24 units | 2,065 |
|||||||||
Genesis Trust; 3,674.12 units | 104,235 |
|||||||||
Guardian Trust; 540.48 units | 6,097 |
|||||||||
Neuberger Berman | Focus Trust; 76.29 units | 2,738 |
||||||||
Millenium Fund; 39.14 units | 574 |
|||||||||
Regency Fund; 690.34 units | 8,664 |
|||||||||
Nevis | Nevis Fund; 64.31 units | 893 |
||||||||
New Perspective | New Perspective Fund; 3,194.21 units | 69,091 |
||||||||
Northeast | Investors Trust CTFS Benefit International; 2,767.79 units | 20,260 |
||||||||
Oak | Value Fund; 625.86 units | 17,524 |
||||||||
Oakmark | Balanced; 2,559.77 units | 46,741 |
||||||||
Oakmark Fund; 1,147.53 units | 39,314 |
|||||||||
International; 1,517.94 units | 21,099 |
|||||||||
Select; 12,696.90 units | 335,452 |
|||||||||
Small Cap; 803.31 units | 12,773 |
|||||||||
Olstein | Alert Fund; 434.53 units | 6,666 |
||||||||
Oppenheimer | Capital Appreciation Class C; 53.79 units | 2,064 |
||||||||
Global Class A; 43.30 units | 1,978 |
|||||||||
Global Class C; 23.75 units | 1,048 |
|||||||||
Global Growth & Income Class A; 35.11 units | 746 |
|||||||||
Global Growth & Income Class B; 186.04 units | 3,871 |
|||||||||
Midcap Class C; 217.39 units | 3,176 |
|||||||||
Strategic Income Class C; 4,131.36 units | 15,782 |
|||||||||
Orbitex | Digital Technology Class B N/C; 1,154.29 units | 3,613 |
||||||||
Health and Biotech Class B; 453.22 units | 8,335 |
|||||||||
Info-Tech & Communications Class B; 440.29 units | 4,253 |
|||||||||
Payden & Rygel | Global Fixed Income Class A; 2,357.42 units | 24,022 |
||||||||
Growth & Income Class A; 527.97 units | 5,607 |
|||||||||
PBHG | Core Growth; 775.75 units | 8,254 |
||||||||
Emerging Growth; 229.80 units | 3,562 |
|||||||||
Global Tech & Communications; 19,657.04 units | 80,987 |
|||||||||
Growth; 3,978.09 units | 79,005 |
|||||||||
Large Cap 20; 1,243.39 units | 20,591 |
|||||||||
Large Cap Growth; 6,181.40 units | 130,304 |
|||||||||
Large Cap Value; 3,928.84 units | 53,472 |
|||||||||
Mid Cap Value; 847.33 units | 12,888 |
|||||||||
New Opportunities; 1,094.26 units | 27,400 |
|||||||||
|
||||||||||
Select Equity; 16,789.07 units | 412,339 |
|||||||||
Small Cap Value; 211.96 units | 4,108 |
|||||||||
Strategic Small Company; 1,167.23 units | 15,069 |
|||||||||
Technology & Communication; 26,807.45 units | 448,220 |
|||||||||
Pilgrim | Emerging Countries Class A; 336.13 units | 4,413 |
||||||||
International Small Cap Growth A N/C; 266.82 units | 5,950 |
|||||||||
International Small Cap Growth Q N/C; 197.90 units | 4,684 |
|||||||||
Small Cap Growth Class B; 232.87 units | 2,706 |
|||||||||
Troika Dialog Russia Class A N/C; 841.55 units | 7,599 |
|||||||||
PIMCO | Innovation Class A; 124.62 units | 2,829 |
||||||||
Innovation Class B; 51.53 units | 1,098 |
|||||||||
Long Term US Government; 14,081.48 units | 152,362 |
|||||||||
Pin Oak | Aggressive Stock; 5,411.09 units | 133,925 |
||||||||
Potomac | OTC Plus; 164.12 units | 2,073 |
||||||||
Preferred | Growth Fund; 286.39 units | 3,511 |
||||||||
Prudential | Sector Health Sciences Class C; 1,293.95 units | 19,784 |
||||||||
Putnam | Health Sciences Trust Class B; 494.89 units | 30,792 |
||||||||
International Voyager Class C; 147.37 units | 2,271 |
|||||||||
International Growth Class A; 99.66 units | 1,937 |
|||||||||
International Growth Class B; 171.80 units | 3,245 |
|||||||||
International Voyager Class B; 553.46 units | 8,440 |
|||||||||
Investors Class A; 102.60 units | 1,186 |
|||||||||
New Opportunities Class A; 226.86 units | 9,204 |
|||||||||
New Opportunities Class B; 44.25 units | 1,660 |
|||||||||
OTC & Emerging Growth Class C; 874.94 units | 6,203 |
|||||||||
OTC & Emerging Growth Class A; 104.31 units | 755 |
|||||||||
OTC & Emerging Growth Class B; 253.88 units | 1,671 |
|||||||||
Voyager Class A; 195.18 units | 3,511 |
|||||||||
Voyager Class B; 866.80 units | 13,999 |
|||||||||
Red Oak | Technology Select; 27,727.98 units | 283,103 |
||||||||
Renaissance | IPO Plus Aftermarket; 142.95 units | 1,221 |
||||||||
Reynolds | Blue Chip Growth; 956.27 units | 33,947 |
||||||||
Royce | Low Priced Stock Fund; 1,427.77 units | 15,534 |
||||||||
Opportunity Fund; 9,222.14 units | 78,112 |
|||||||||
RS | Aggressive Growth; 3,804.85 units | 21,688 |
||||||||
Diversified Growth N/C; 4,348.18 units | 90,138 |
|||||||||
Emerging Growth N/C; 6,136.63 units | 182,503 |
|||||||||
Global Natural Resources N/C; 342.20 units | 3,829 |
|||||||||
Internet Age; 4,562.42 units | 24,181 |
|||||||||
Microcap Growth N/C; 101.66 units | 2,080 |
|||||||||
Mid Cap Oppties N/C; 324.15 units | 3,164 |
|||||||||
Value Plus and Growth N/C; 0.01 units |
- |
|||||||||
Rydex | Arktos InvestorClass; 512.03 units | 15,755 |
||||||||
Biotechnology Advisor Class; 55.44 units | 1,420 |
|||||||||
Biotechnology Investment Class; 8,851.41 units | 231,907 |
|||||||||
Electronics Investment Class; 7,384.12 units | 121,395 |
|||||||||
Health Care Advisor Class; 778.45 units | 8,976 |
|||||||||
Juno Fund; 1,368.82 units | 11,430 |
|||||||||
|
||||||||||
Nova Fund; 1,142.93 units | 28,996 |
|||||||||
OTC Fund; 80,441.35 units | 900,943 |
|||||||||
URSA Fund; 5,071.70 units | 54,064 |
|||||||||
Velocity 100; 689.85 units | 22,986 |
|||||||||
Safeco | Equity Fund; 1,112.39 units | 20,468 |
||||||||
Schroder | US Small Co Investor Class; 432.64 units | 6,957 |
||||||||
Scudder | Aggressive Growth Class B N/C; 1,869.03 units | 24,671 |
||||||||
Dreman High Return Class B N/C; 1,234.16 units | 45,121 |
|||||||||
Greater Europe Growth; 2,458.71 units | 55,395 |
|||||||||
Healthcare; 479.88 units | 9,972 |
|||||||||
International; 38.44 units | 1,407 |
|||||||||
Latin America; 133.10 units | 2,461 |
|||||||||
Mutual Income Gold; 740.41 units | 4,983 |
|||||||||
Small Company Value; 595.15 units | 12,507 |
|||||||||
Technology Class B N/C; 1,781.33 units | 19,399 |
|||||||||
Technology Fund; 951.45 units | 15,014 |
|||||||||
SEI | Large Cap Value; 1,123.02 units | 20,506 |
||||||||
Select | Air Transport; 75.36 units | 2,172 |
||||||||
American Gold; 1,197.48 units | 16,956 |
|||||||||
Biotechnology; 3,557.44 units | 246,993 |
|||||||||
Brokerage & Investment Management; 726.19 units | 30,522 |
|||||||||
Computers; 2,013.30 units | 75,056 |
|||||||||
Defense & Aerospace; 492.78 units | 20,180 |
|||||||||
Develop Communications; 5,889.59 units | 112,197 |
|||||||||
Electronics; 7,888.86 units | 382,215 |
|||||||||
Energy; 422.44 units | 9,239 |
|||||||||
Energy Service; 543.28 units | 14,250 |
|||||||||
Financial Services; 326.43 units | 32,966 |
|||||||||
Health Care; 1,463.71 units | 190,136 |
|||||||||
Leisure; 24.76 units | 1,509 |
|||||||||
Medical Delivery; 27.45 units | 726 |
|||||||||
Money Market; 25,476.46 units | 25,476 |
|||||||||
Natural Gas; 1,181.36 units | 20,768 |
|||||||||
Regional Banks; 281.60 units | 9,149 |
|||||||||
Software & Computer; 561.45 units | 25,827 |
|||||||||
Technology; 2,364.92 units | 142,794 |
|||||||||
Telecommunications; 510.31 units | 18,397 |
|||||||||
Selected | American Shares; 4,317.18 units | 131,372 |
||||||||
Seligman | Communications & Information Class B; 2,174.76 units | 47,214 |
||||||||
SIT | Small Cap Growth; 531.04 units | 13,154 |
||||||||
Sound | Sound Shore Fund Inc.; 326.26 units | 10,626 |
||||||||
Spartan | High Income; 3,649.37 units | 30,107 |
||||||||
Market Index; 738.16 units | 58,226 |
|||||||||
Total Market Index; 415.05 units | 12,144 |
|||||||||
US Equity Index; 322.76 units | 13,049 |
|||||||||
Spectra | Spectra Fund Inc.; 4,191.96 units | 28,715 |
||||||||
|
||||||||||
SSGA | Emerging Markets; 1,078.51 units | 8,876 |
||||||||
Growth & Income; 147.39 units | 2,867 |
|||||||||
Money Market Fund; 11,487,022.35 units | 11,487,022 |
|||||||||
Real Estate Equity; 116.35 units | 1,137 |
|||||||||
S&P 500 Index; 7,484.55 units | 141,159 |
|||||||||
Small Cap Equity; 220.02 units | 4,337 |
|||||||||
State St Research | Aurora Class A; 6,226.93 units | 189,112 |
||||||||
Aurora Class D; 479.54 units | 13,801 |
|||||||||
Stein Roe | Capital Opportunity N/C; 252.46 units | 5,122 |
||||||||
Income Trust N/C; 1,540.04 units | 14,769 |
|||||||||
Young Investor N/C; 154.11 units | 3,256 |
|||||||||
Strong | Advantage; 368.93 units | 3,619 |
||||||||
American Utilities; 171.20 units | 2,571 |
|||||||||
Corporate Bond Income; 12,545.26 units | 133,607 |
|||||||||
Dow 30 Value; 481.14 units | 5,923 |
|||||||||
Enterprise; 2,604.79 units | 56,498 |
|||||||||
Government Securities Income; 2,551.98 units | 28,199 |
|||||||||
Growth; 4,851.02 units | 85,135 |
|||||||||
Growth & Income; 2,371.47 units | 48,141 |
|||||||||
Growth 20; 1,723.98 units | 24,911 |
|||||||||
Income High Yield Bond; 6,758.71 units | 54,340 |
|||||||||
Index 500; 184.60 units | 2,501 |
|||||||||
Large Cap Growth N/C; 270.49 units | 6,405 |
|||||||||
Multi Cap Value N/C; 79.60 units | 3,947 |
|||||||||
Opportunity Income; 3,005.79 units | 116,685 |
|||||||||
Overseas; 414.76 units | 4,471 |
|||||||||
Technology 100 Fund; 861.31 units | 4,151 |
|||||||||
T Rowe Price | Blue Chip Growth Inc; 1,242.12 units | 35,487 |
||||||||
Price Cap Appreciation; 1,833.14 units | 27,699 |
|||||||||
Dividend Growth; 956.48 units | 19,550 |
|||||||||
Equity Income; 7,637.86 units | 182,621 |
|||||||||
European Stock; 2,878.59 units | 45,770 |
|||||||||
Financial Services; 724.12 units | 14,613 |
|||||||||
Growth & Income; 126.49 units | 2,875 |
|||||||||
Growth Stock; 4,805.82 units | 115,628 |
|||||||||
Health Sciences; 1,291.80 units | 26,017 |
|||||||||
International Stock; 1,835.12 units | 20,370 |
|||||||||
International New Asia; 7,942.02 units | 45,905 |
|||||||||
Media & Telecommunications; 1,207.48 units | 23,292 |
|||||||||
Mid Cap Growth; 1,148.54 units | 43,036 |
|||||||||
New Era; 3,454.01 units | 76,161 |
|||||||||
Science & Technology; 6,677.67 units | 140,031 |
|||||||||
Small Cap Stock; 993.10 units | 23,715 |
|||||||||
US Treasury Long Term; 2,048.48 units | 23,742 |
|||||||||
TCW | Galileo Value Opportunity Class I; 291.50 units | 5,195 |
||||||||
Templeton | Growth Class I; 1,190.82 units | 21,244 |
||||||||
The Contrarian | The Contrarian Fund N/C; 1,170.48 units | 11,412 |
||||||||
The Information Age | The Information Age N/C; 2,812.32 units | 39,457 |
||||||||
|
||||||||||
The Internet | The Internet Emerging Growth; 55.15 units | 222 |
||||||||
The Internet Fund; 3,365.62 units | 70,981 |
|||||||||
The Internet Global Growth; 67.26 units | 267 |
|||||||||
The Internet Infrastructure; 63.52 units | 274 |
|||||||||
The Medical Fund | The Medical Fund; 204.17 units | 3,781 |
||||||||
Third Avenue | Third Avenue Small Cap Value Fund; 6,577.81 units | 97,154 |
||||||||
Third Avenue Real Estate Value; 5,785.17 units | 89,497 |
|||||||||
Third Avenue Value Fund; 4,898.28 units | 175,603 |
|||||||||
Thompson | Thompson Plumb Growth Fund; 78.14 units | 3,630 |
||||||||
Thornburg | Thornburg Value Class A; 71.83 units | 2,002 |
||||||||
Thornburg Value Institutional; 1,705.35 units | 47,835 |
|||||||||
Tip | Tip Midcap; 1,429.85 units | 30,470 |
||||||||
Torray | Torray Fund; 923.32 units | 33,840 |
||||||||
Turner | Technology; 5,204.73 units | 36,121 |
||||||||
Top 20; 4,355.60 units | 32,623 |
|||||||||
Tweedy Browne | American Value Fund; 3,520.84 units | 83,867 |
||||||||
Global Value Fund; 12,732.81 units | 237,467 |
|||||||||
Ultra BULL Pro Fund | Investors Shares; 693.86 units | 39,203 |
||||||||
Ultra OTC Pro Fund | Investors Shares; 2,253.78 units | 82,759 |
||||||||
UAM | UAM FMA Small Company Portfolio; 34.13 units | 594 |
||||||||
UMB | UMB Scout Worldwide; 2,172.56 units | 40,018 |
||||||||
US | Bonnel Growth; 527.86 units | 7,031 |
||||||||
Gold Shares; 14,348.43 units | 39,315 |
|||||||||
World Gold; 10,511.49 units | 55,080 |
|||||||||
Value Line | Aggressive Income; 1,861.04 units | 8,896 |
||||||||
Asset Allocation; 8,247.98 units | 138,319 |
|||||||||
Special Situation Income; 284.92 units | 5,337 |
|||||||||
Van Kampen | American Capital Emerging Growth Class A; 70.07 units | 2,941 |
||||||||
American Capital Emerging Growth Class B; 202.19 units | 7,463 |
|||||||||
American Capital Growth Class B; 714.16 units | 8,848 |
|||||||||
Technology Class C; 167.87 units | 885 |
|||||||||
Van Wagoner | Income Emerging Growth; 11,539.14 units | 124,392 |
||||||||
Income Micro-Cap; 867.82 units | 11,377 |
|||||||||
Income Mid-Cap; 745.87 units | 5,035 |
|||||||||
Income Post Venture; 9,646.33 units | 86,238 |
|||||||||
Technology; 2,947.55 units | 42,032 |
|||||||||
Vanguard | Asset Allocation Income; 6,263.68 units | 138,302 |
||||||||
Bond Index Total Market; 38,929.38 units | 399,415 |
|||||||||
Equity Income; 1,805.60 units | 41,565 |
|||||||||
Fixed Income Securities Long-term Portfolio; 10,069.34 units | 89,013 |
|||||||||
GNMA Fixed Income Securities; 89,123.87 units | 933,127 |
|||||||||
Growth & Income; 4,510.61 units | 126,613 |
|||||||||
Growth Equity Fund N/C; 2,297.63 units | 22,241 |
|||||||||
Growth Index; 14,479.20 units | 382,975 |
|||||||||
High Yield Bond Fixed Income; 9,984.64 units | 63,702 |
|||||||||
Index Trust Extended Market Portfolio; 1,213.97 units | 26,865 |
|||||||||
Index Trust S&P 500 Portfolio; 11,289.31 units | 1,189,329 |
|||||||||
Inflation Protected Secs; 1,375.31 units | 14,936 |
|||||||||
|
||||||||||
Intermediate Term Treasury Admiral; 5,590.85 units | 62,673 |
|||||||||
International Equity Index Europe Portfolio; 187.92 units | 3,792 |
|||||||||
International Growth Portfolio; 6,662.30 units | 98,535 |
|||||||||
Life Strategy Growth Port; 2,122.78 units | 37,042 |
|||||||||
Long Term Treasury Admiral; 9,069.36 units | 99,854 |
|||||||||
Reit Index Fund; 4,170.14 units | 50,542 |
|||||||||
Select Value Fund; 868.81 units | 11,025 |
|||||||||
Short Term Corp Fixed Inc Secs; 493.02 units | 5,369 |
|||||||||
Short Term Federal; 1,114.11 units | 11,732 |
|||||||||
Short Term Treasury Admiral; 7,790.45 units | 82,579 |
|||||||||
Small Cap Stock Fund (only open to Sells & Transfers); 714.41 units | 13,502 |
|||||||||
Total Stock Market; 27,421.93 units | 695,969 |
|||||||||
US Growth Portfolio; 1,215.84 units | 22,931 |
|||||||||
Value Index; 1,804.89 units | 33,968 |
|||||||||
Primecap; 3,482.03 units | 176,992 |
|||||||||
Wellesley Income Income; 78.76 units | 1,639 |
|||||||||
Wellington Income; 1,927.07 units | 54,748 |
|||||||||
Windsor II Portfolio; 4,507.99 units | 114,368 |
|||||||||
Windsor Income; 1,499.80 units | 23,127 |
|||||||||
Wasatch | Aggressive Equity; 860.90 units | 27,110 |
||||||||
Growth; 1,571.01 units | 50,227 |
|||||||||
Microcap; 4,348.36 units | 27,003 |
|||||||||
Microcap Value; 24,653.92 units | 94,178 |
|||||||||
Midcap; 271.64 units | 6,079 |
|||||||||
Weitz | Hickory; 1,039.26 units | 24,828 |
||||||||
Partners Value; 2,773.68 units | 55,529 |
|||||||||
Value; 7,721.56 units | 253,267 |
|||||||||
Westcore | Select; 566.57 units | 6,640 |
||||||||
White Oak | Growth Stock; 8,464.86 units | 336,647 |
||||||||
Wireless | Wireless Fund; 290.41 units | 1,530 |
||||||||
WWW | Internet Fund; 386.68 units | 2,831 |
||||||||
Yacktman | Yacktman Fund; 325.73 units | 3,700 |
||||||||
Total registered investment companies | 42,320,849 |
|||||||||
Total Investments | $ |
2,324,270,350 |
||||||||
* Denotes party in interest. |
||||||||||
* * Cost information is not applicable for participant directed investments. |
||||||||||
|
SCHEDULE II
CATERPILLAR
INC. SCHEDULE H, LINE 4i - SCHEDULE OF
REPORTABLE TRANSACTIONS |
||||||||
(a) |
(b) |
(c) |
(d) |
(e) |
(f) |
(g) |
(h) |
(i) |
Identity of |
Description |
Purchase |
Selling |
Lease |
Expense |
Cost |
Current value |
Net gain |
Caterpillar Inc. |
Common stock: |
|||||||
Series of 65 purchases |
$129,630,604 | $ - |
$ - |
$127,681 | $129,630,604 | $129,502,923 | $ - |
-27-
EXHIBIT C
Consent of Independent Accountants
We hereby consent to the incorporation by reference in the Registration Statement on Forms
S-8 (No. 33-3718, as amended, and No. 33-39280) of Caterpillar Inc. of our report
dated May 21, 2002 relating to the financial statements of the Caterpillar Inc. Employees'
Investment Plan, which appears in this Form 11-K.
PricewaterhouseCoopers LLP
Peoria, Illinois
May 24, 2002
-28-
EXHIBIT 99.3 |
||||
SECURITIES AND EXCHANGE COMMISSION |
||||
FORM 11-K |
||||
(Mark One) |
||||
[X] |
ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|||
OR |
||||
[ ] |
TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|||
|
||||
SAVINGS AND INVESTMENT PLAN |
||||
CATERPILLAR INC. |
||||
100 NE Adams Street, Peoria, Illinois 61629 |
REQUIRED INFORMATION
Item 1.
The audited statement of net assets available for plan benefits as of the end of the latest two fiscal years of the Plan is attached hereto as Exhibit A.
Item 2.
The audited statement of changes in net assets available for plan benefits for each of the latest two fiscal years of the Plan is attached hereto as Exhibit B.
Item 3.
The statements required by Items 1 and 2 have been prepared in accordance with the applicable financial reporting requirements of
ERISA.
Item 4.
The Consent of Independent Accountants is attached hereto as Exhibit C.
-2-
Solar Turbines Incorporated
Savings and Investment Plan
-
3-Report of Independent Accountants
To the Participants, Investment Plan Committee
and Benefits Funds Committee of the
Solar Turbines Incorporated Savings and Investment Plan
In our opinion, the accompanying statement of net assets available for benefits and the related statement of changes in net assets available for benefits present fairly, in all material respects, the net assets available for benefits of the Solar Turbines Incorporated Savings and Investment Plan (the Plan) at December 31, 2001 and 2000, and the changes in net assets available for plan benefits for the years then ended, in conformity with accounting principles generally accepted in the United States of America. 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 audits. We conducted our audits of these statements in accordance with auditing standards generally accepted in the United States of America, 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 audits provide a reasonable basis for our opinion.
Our audits were conducted for the purpose of forming an opinion on the basic financial statements taken as a whole. The supplemental schedule of assets held for investment purposes as of December 31, 2001 is presented for the purpose of additional analysis and is not a required part of the basic financial statements but is 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 schedule is the responsibility of the Plan's management. The supplemental schedule has been subjected to the auditing procedures applied in the audits of the basic financial statements and, in our opinion, is fairly stated in all material respects in relation to the basic financial statements taken as a whole.
Peoria, Illinois
May 21, 2002
-4-
EXHIBIT A
SOLAR TURBINES INCORPORATED |
||||||||
|
||||||||
2001 |
2000 |
|||||||
|
|
|||||||
Investments: |
||||||||
|
Interest in the Caterpillar Inc. 401(k) Master Trust |
$ |
32,059 |
$ |
31,591 |
|||
Other investments |
781 |
724 |
||||||
|
|
|||||||
Net assets available for benefits |
$ |
32,840 |
$ |
32,315 |
||||
|
|
|||||||
The accompanying notes are an integral part of the financial statements |
-5-
EXHIBIT B
SOLAR TURBINES INCORPORATED STATEMENT OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS |
|||||||||
|
|||||||||
2001 |
2000 |
||||||||
|
|
||||||||
Participant contributions |
$ |
3,037 |
$ |
2,428 |
|||||
|
|
||||||||
Investment loss: |
|||||||||
|
Net depreciation in fair value of registered Investment companies |
(450 |
) |
(343 |
) |
||||
|
Plan interest in net investment loss of Master Trust |
(573 |
) |
(374 |
) |
||||
|
|
||||||||
|
Net investment loss |
(1,023 |
) |
(717 |
) |
||||
|
|
||||||||
Withdrawals |
(1,598 |
) |
(2,005 |
) |
|||||
Transfers from other plans, net |
109 |
117 |
|||||||
|
|
||||||||
Withdrawals and transfers, net |
(1,489 |
) |
(1,888 |
) |
|||||
|
|
||||||||
Increase (decrease) in net assets available for benefits |
525 |
(177 |
) |
||||||
Net assets available for benefits: |
|||||||||
|
Beginning of year |
32,315 |
32,492 |
||||||
|
|
||||||||
|
End of year |
$ |
32,840 |
$ |
32,315 |
||||
|
|
||||||||
The accompanying notes are an integral part of the financial statements |
-6-
SOLAR TURBINES INCORPORATED
SAVINGS AND INVESTMENT PLAN
NOTES TO FINANCIAL STATEMENTS
NOTE 1 - PLAN DESCRIPTION:
The following description of the Solar Turbines Incorporated Savings and Investment Plan (the Plan) provides only general information. Employees should refer to the Plan agreement for a more complete description of the Plan's provisions.
General
The Plan is a contributory defined contribution plan established by Solar Turbines Incorporated (the Company), a 100%-owned subsidiary of Caterpillar Inc., to enable eligible employees of the Company and its subsidiaries (the
participating employers) to accumulate funds.
Participation
Hourly employees of the participating employers who meet certain age, service and citizenship or residency requirements are eligible to participate in the Plan. Participation commences upon an eligible
employee filing an application with the Company. Participating eligible employees (the participants) may elect to defer a portion of their compensation until retirement.
Participant accounts
Accounts are separately maintained for each participant. The participant's account is credited with the Participant's contribution as defined below and an allocation of Plan earnings. Allocations of earnings are based on participant account balances, as defined. The benefit to which a participant is entitled is the benefit that can be provided from the participant's vested account.
Loan provisions
The Plan provides for participant loans against eligible participants' account balances. Eligible participants obtain loans by filing a loan application with the Company and receiving approval thereof. Loan amounts are generally limited to the lesser of $50,000 or 50% of the individual participant's account balance, within certain regulatory restrictions. Loan repayment terms may range from 6 to 117 months depending on the type of loan and bear interest at the prime interest rate plus 1% rounded to the nearest whole percent, as determined at the time of loan origination. Repayments, including interest, are made through after-tax payroll deductions and are credited to the individual participant's account balance.
Contributions
Participant contributions are made through a pretax compensation deferral as elected by the participants and are contributed to the Plan by the
participating employers. For 2001 and 2000, the compensation deferral was limited to (a) the greater of $6,000 or 4% of the participant's compensation (limited by the Internal Revenue Code to $10,500 in 2001 and 2000) for participants earning in excess of $85,000 in 2001 and $80,000
in 2000 or (b) $10,500 in 2001 and 2000 for participants earning less than $85,000 in 2001 and $80,000 in 2000.
-7-
Investment programs
Participants may elect to have their contributions invested in any combination of the following thirteen investment fund options at December 31, 2001:
|
|
In addition, a self-directed fund option allows participants to invest in various other mutual funds outside of the Standard Plan options. State Street Bank serves as custodian for funds invested through this self-directed fund option.
Vesting and distribution provisions
Participants are immediately fully vested in their participant contributions and earnings thereon. Upon termination of employment for any reason, including death, retirement or total and permanent disability, or upon Plan termination, the vested balance in participants' accounts are distributable.
Administration
The Plan is administered by the Vice President - Human Services Division of Caterpillar Inc. who is responsible for nonfinancial matters, and the Benefits Funds Committee of Caterpillar Inc. which is responsible for financial aspects of the Plan. Caterpillar Inc. and the Benefit Funds Committee have entered into a trust agreement with The Northern Trust Company to receive contributions, administer the assets of the Plan and distribute withdrawals pursuant to the Plan.
Plan termination
Although it has not expressed any intent to do so, the Company has the right under the Plan at any time to terminate the Plan subject to provisions of ERISA. In the event of Plan termination, any unallocated assets of the
Plan shall be allocated to participant accounts and distributed in such a manner as the company may determine.
Federal income tax status
The Internal Revenue Service has determined and informed the Company by letter dated April 13, 1999, that the Plan and related trust are designed in accordance with applicable sections of the Internal Revenue Code (IRC). The Plan has been amended subsequent to the determination letter; however, the Plan administrator believes that the Plan is designed and is currently being operated in compliance with the applicable requirements of the IRC. Therefore, they believe that the Plan is qualified and the related trust is tax-exempt as of the financial statement date.
Risks and uncertainties
The Plan provides for various investment options in any combination of stocks, bonds, fixed income securities, mutual funds and other investment securities. Investment securities are exposed to various risks, such as interest rate, market and credit risks. Due to the level of risk associated with certain investment securities, it is at least reasonably possible that changes in the values of investment securities could occur in the near term and that such changes could materially affect participants' account balances and the amounts reported in the statement of net assets available for benefits.
Reclassifications
Certain 2000 amounts have been reclassified to conform with the 2001 presentation. These reclassifications have no impact on net assets as previously presented.
-8-
NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES:
Basis of accounting
The Plan's accounts are maintained on the accrual basis of accounting.
Investments
The fair value of the Plan's investment in the 401(k) Master Trust (Note 3) is based upon the beginning of the year value of the Plan's investment plus actual contributions, transfers and allocated investment income
(loss) less actual withdrawals. Shares of registered investment companies included in the self-directed fund option are valued at quoted market prices which represent the net asset value of shares held by the Plan at year end. Income from investments is recorded as earned.
Administrative expenses
Administrative costs, including trustee fees and certain investment costs, are paid by Caterpillar Inc.
Withdrawals
Withdrawals are recorded when paid.
Transfers
Transfers from other plans generally represent account balance transfers for participants who transfer from one plan covered by the Master Trust to another plan covered by the Master Trust.
Use of estimates in the preparation of financial statements
The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, income and benefit payments. Actual results could differ from those estimates. The Company believes the techniques and assumptions used in establishing these amounts are appropriate.
NOTE 3 - MASTER TRUST:
Under a Master Trust agreement with The Northern Trust Company (the Trustee), Part 2 of the Caterpillar Inc. Employees' Investment Plan (EIP), the Solar Turbines Incorporated Savings and Investment Plan and the Caterpillar Inc. Tax Deferred Savings Plan pool their investments in the Caterpillar Inc. 401(k) Master Trust (the Master Trust) in exchange for a percentage of participation in the Master Trust.
The Master Trust mainly invests in the Preferred Group of Mutual Funds, registered investment companies which are sponsored by Caterpillar Investment Management Ltd. (CIML), a wholly-owned subsidiary of Caterpillar Inc. The investment options available to the participants are summarized in Note 1.
CIML manages the Preferred Small Cap Fund and the Preferred Short-Term Government Fund. All other funds are managed by unrelated investment managers. Caterpillar Securities, Inc., a wholly-owned subsidiary of CIML, distributes the shares of the mutual funds to the Master Trust.
-9-
The percentage of the Plan's participation in the Master Trust was determined based on the December 31, 2001 and 2000 fair values of net assets, as accumulated by the Trustee for the investment funds of each plan. At December 31, 2001 and 2000, the Plan's pro rata interest in the quoted fair values of net assets of the Master Trust was 1.91% and 1.80%, respectively.
Investment valuation
The Master Trust's investments are stated at fair value. Common stock and cash and cash equivalents are valued at 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 Master Trust at year end.
Common and collective trust investments are valued at beginning of year value of the Master Trust's investment plus actual contributions, transfers and allocated investment income less actual withdrawals. Participant loans are valued at estimated fair value consisting of outstanding principal and related accrued interest.
The net investment income or loss of the Master Trust is reflected in the financial statements of the Plan based on the actual earnings of each investment fund as allocated to the Plan based on average investment balances throughout the year.
Details of the net assets and significant components of the net investment (loss) income of the Master Trust are as follows:
December 31, |
||||||||||||
|
||||||||||||
2001 |
2000 |
|||||||||||
|
|
|||||||||||
(Dollars in 000's) |
||||||||||||
Investments, at fair value: |
||||||||||||
|
Cash and cash equivalents |
$ |
10,154 |
$ |
12,974 |
|||||||
|
Common stock |
395,577 |
433,253 |
|||||||||
|
Registered investment companies |
1,081,924 |
1,134,579 |
|||||||||
|
Common and collective trust |
175,750 |
138,174 |
|||||||||
|
Participant loans |
26,309 |
27,553 |
|||||||||
|
|
|||||||||||
|
Total investments |
1,689,714 |
1,746,533 |
|||||||||
Dividend and interest receivable |
22 |
964 |
||||||||||
Transfers receivable from EIP Part 1 |
2,341 |
428 |
||||||||||
Contributions receivable |
6,193 |
6,649 |
||||||||||
Other receivable/(payable), net |
143 |
(359 |
) |
|||||||||
|
|
|||||||||||
|
Master Trust net assets |
|
$ |
1,698,413 |
|
$ |
1,754,215 |
|||||
|
|
|||||||||||
For the year ended |
||||||||||||
|
||||||||||||
2001 |
2000 |
|||||||||||
|
|
|||||||||||
(Dollars in 000's) |
||||||||||||
Investment (loss) income: |
||||||||||||
Interest |
$ |
3,590 |
$ |
3,960 |
||||||||
Dividends |
11,528 |
12,048 |
||||||||||
Net appreciation (depreciation) in fair value of - |
||||||||||||
Common stock |
44,598 |
29,263 |
||||||||||
Registered investment companies |
(125,201 |
) |
(71,665 |
) |
||||||||
Common and collective trust |
7,967 |
7,226 |
||||||||||
|
|
|||||||||||
|
Net investment loss |
|
$ |
(57,518 |
) |
$ |
(19,168 |
) |
||||
|
|
-10-
SUPPLEMENTAL SCHEDULE
-11-
SOLAR TURBINES INCORPORATED |
|||||||||
|
|||||||||
(a) |
(b) |
(c) |
(d) |
(e) |
|||||
Identity of issue, |
Description of investment, including
maturity date, |
Cost ** |
Current |
||||||
|
|
|
|
|
|||||
* |
Caterpillar Inc. |
401(k) Master Trust |
$ |
32,059,000 |
|||||
|
|||||||||
Babson |
Value Income; 111.48 units |
4,649 |
|||||||
Baron |
Asset; 107.46 units |
4,778 |
|||||||
Bridgeway |
Aggressive Growth; 110.50 units |
4,257 |
|||||||
Cash |
Balance; 0.02 units |
- |
|||||||
Fidelity |
Europe; 159.62 units |
3,952 |
|||||||
Firsthand |
Firsthand E-Commerce; 187.80 units |
644 |
|||||||
Technology Innovator; 403.61 units |
6,619 |
||||||||
Technology Value; 1,954.54 units |
80,625 |
||||||||
Janus |
Global Life Sciences; 135.98 units |
2,389 |
|||||||
Global Technology; 158.84 units |
1,928 |
||||||||
Investment Mercury; 64.25 units |
1,336 |
||||||||
Investment Growth and Income; 7,502.70 units |
224,856 |
||||||||
Investment Worldwide; 125.75 units |
5,513 |
||||||||
Olympus; 196.56 units |
5,474 |
||||||||
Orion Fund; 593.46 units |
3,549 |
||||||||
Special Situations; 569.21 units |
8,453 |
||||||||
Munder |
Net Net Class B; 871.78 units |
15,265 |
|||||||
Oakmark |
Oakmark Fund; 162.93 units |
5,747 |
|||||||
Select; 258.04 units |
7,029 |
||||||||
PBHG |
Emerging Growth; 104.95 units |
1,680 |
|||||||
Growth; 430.54 units |
8,766 |
||||||||
Large Cap 20; 473.77 units |
7,718 |
||||||||
Mid Cap Value; 1,261.03 units |
20,076 |
||||||||
Select Equity; 54.10 units |
1,320 |
||||||||
Technology & Communications; 686.55 units |
11,253 |
||||||||
PIMCO |
Innovative Class C; 16.34 units |
347 |
|||||||
Opportunity Class C; 48.77 units |
714 |
||||||||
Red Oak |
Technology Select; 224.23 units |
2,150 |
|||||||
Rydex |
OTC Fund; 10,505.23 units |
116,083 |
|||||||
Selected American |
American Shares; 146.95 units |
4,554 |
|||||||
SSGA |
Money Market Fund; 56,408.91 units |
56,409 |
|||||||
Strong |
Mid Cap; 253.67 units |
3,544 |
|||||||
Small Cap Value; 186.81 units |
3,777 |
||||||||
The Internet Fund |
The Internet Fund; 102.44 units |
2,233 |
|||||||
Ultra |
Ultra PTC Pro Fund Investors Shares; 708.41 units |
26,466 |
|||||||
Wasatch |
Aggressive Equity; 67.03 units |
2,278 |
|||||||
Growth; 3,557.36 units |
123,085 |
||||||||
White Oak |
Growth Stock; 37.16 units |
1,428 |
|||||||
|
|||||||||
Total registered investments companies |
780,944 |
||||||||
|
|||||||||
Total investments |
$ |
32,839,944 |
|||||||
|
|||||||||
* Denotes party in interest. |
|||||||||
** Cost information is not applicable for participant directed investments. |
-12-
EXHIBIT C
Consent of Independent Accountants
We hereby consent to the incorporation by reference in the Registration Statement on Forms S-8 (No. 2-97450, as amended, and No. 33-37353) of Caterpillar Inc. of our report dated May
21, 2002 relating to the financial statements of the Solar Turbines Incorporated Savings and Investment Plan, which appears in this Form 11-K.
PricewaterhouseCoopers LLP
Peoria, Illinois
May 24, 2002
-13-
EXHIBIT 99.4 |
||||
SECURITIES AND EXCHANGE COMMISSION |
||||
FORM 11-K |
||||
(Mark One) |
||||
[X] |
ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|||
OR |
||||
[ ] |
TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|||
|
||||
TAX DEFERRED SAVINGS PLAN |
||||
CATERPILLAR INC. |
||||
100 NE Adams Street, Peoria, Illinois 61629 |
REQUIRED INFORMATION
Item 1.
The audited statement of net assets available for plan benefits as of the end of the latest two fiscal years of the Plan is attached hereto as Exhibit A.
Item 2.
The audited statement of changes in net assets available for plan benefits for each of the latest two fiscal years of the Plan is attached hereto as Exhibit B.
Item 3.
The statements required by Items 1 and 2 have been prepared in accordance with the applicable financial reporting requirements of
ERISA.
Item 4.
The Consent of Independent Accountants is attached hereto as Exhibit C.
-2-
Caterpillar Inc.
Tax Deferred Savings Plan
-3-
Report of Independent Accountants
To the Participants, Investment Plan Committee
and Benefits Funds Committee of the
Caterpillar Inc. Tax Deferred Savings Plan
In our opinion, the accompanying statement of net assets available for benefits and the related statement of changes in net assets available for benefits present fairly, in all material respects, the net assets available for benefits of the Caterpillar Inc. Tax Deferred Savings Plan (the Plan) at December 31, 2001 and 2000, and the changes in net assets available for benefits for the years then ended, in conformity with accounting principles generally accepted in the United States of America. 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 audits. We conducted our audits of these statements in accordance with auditing standards generally accepted in the United States of America, 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 sup
porting 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 audits provide a reasonable basis for our opinion.
Our audits were conducted for the purpose of forming an opinion on the basic financial statements taken as a whole. The supplemental schedule of assets held for investment purposes as of December 31, 2001 is presented for the purpose of additional analysis and is not a required part of the basic financial statements but is 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 schedule is the responsibility of the Plan's management. The supplemental schedule has been subjected to the auditing procedures applied in the audits of the basic financial statements and, in our opinion, is fairly stated in all material respects in relation to the basic financial statements taken as a whole.
Peoria, Illinois
May 21, 2002
-4-
EXHIBIT A
CATERPILLAR INC. STATEMENT OF NET ASSETS AVAILABLE FOR BENEFITS |
||||||||||
|
||||||||||
2001 |
2000 |
|||||||||
|
|
|||||||||
Investments: |
||||||||||
Interest in the Caterpillar Inc. 401(k) Master Trust |
$ |
265,289 |
$ |
272,045 |
||||||
Other investments |
2,447 |
3,000 |
||||||||
|
|
|||||||||
Net assets available for benefits |
$ |
267,736 |
$ |
275,045 |
||||||
|
|
|||||||||
The accompanying notes are an integral part of the financial statements |
-5-
EXHIBIT B
CATERPILLAR INC. STATEMENT OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS |
|||||||||||
|
|||||||||||
2001 |
2000 |
||||||||||
|
|
||||||||||
Participant contributions |
$ |
16,431 |
$ |
18,448 |
|||||||
Employer contributions |
546 |
334 |
|||||||||
|
|
||||||||||
|
Total contributions |
16,977 |
18,782 |
||||||||
|
|
||||||||||
Investment loss: |
|||||||||||
|
Net depreciation in fair value of registered investment companies |
(916 |
) |
(396 |
) |
||||||
|
Plan interest in net investment loss of Master Trust |
(11,648 |
) |
(5,446 |
) |
||||||
|
|
||||||||||
|
Net investment loss |
(12,564 |
) |
(5,842 |
) |
||||||
|
|
||||||||||
Withdrawals |
|
(12,016 |
) |
|
(16,694 |
) |
|||||
Transfers from other plans, net |
294 |
10,358 |
|||||||||
|
|
||||||||||
|
Withdrawals and transfers, net |
(11,722 |
) |
(6,336 |
) |
||||||
|
|
||||||||||
(Decrease) increase in net assets available for benefits |
(7,309 |
) |
6,604 |
||||||||
Net assets available for benefits: |
|||||||||||
|
Beginning of year |
275,045 |
268,441 |
||||||||
|
|
||||||||||
|
End of year |
$ |
267,736 |
$ |
275,045 |
||||||
|
|
||||||||||
The accompanying notes are an integral part of the financial statements |
-6-
CATERPILLAR INC.
TAX DEFERRED SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS
NOTE 1 - PLAN DESCRIPTION:
The following description of the Caterpillar Inc. Tax Deferred Savings Plan (the Plan) provides only general information. Employees should refer to the Plan agreement for a more complete description of the Plan's provisions.
General
The Plan is a contributory defined contribution plan established by Caterpillar Inc. (the Company) to enable eligible employees of the Company and its subsidiaries (the
participating employers) which adopt the Plan to accumulate funds.
Participation
Employees of the participating employers under collective bargaining agreements to which the Plan is extended who meet certain age, service and citizenship or residency requirements are eligible to participate in the Plan. Participation commences upon an eligible
employee filing an application with the Company. Participating eligible employees (the participants) elect to defer a portion of their compensation until retirement.
Participant accounts
Accounts are separately maintained for each participant. The participant's account is credited with the participant's contribution as defined below and an allocation of Plan earnings. Allocations of earnings are based on participant account balances, as defined. The benefit to which a participant is entitled is the benefit that can be provided from the participant's vested account.
Loan provisions
The Plan provides for participant loans against eligible participants' account balances. Eligible participants obtain loans by filing a loan application with the Company and receiving approval thereof. Loan amounts are generally limited to the lesser of $50,000 or 50% of the individual participant's account balance, within certain regulatory restrictions. Loan repayment terms may range from 6 to 117 months depending on the type of loan and bear interest at the prime interest rate plus 1% rounded to the nearest whole percent, as determined at the time of loan origination. Repayments, including interest, are made through after-tax payroll deductions and are credited to the individual participant's account balance.
Contributions
Participant contributions are made through a pretax compensation deferral as elected by the participants and are contributed to the Plan by the
participating employers. For 2001 and 2000, the compensation deferral was limited to (a) the greater of $6,000 or 4% of the participant's compensation (limited by the Internal Revenue Code to $10,500 in 2001 and 2000) for participants earning in excess of $85,000 in 2001 and $80,000
in 2000 or (b) $10,500 in 2001 and 2000 for participants earning less than $85,000 in 2001 and $80,000 in 2000.
Certain employee groups also receive a Company matching contribution ranging 100% of the first 2% and 50% in excess of 2% up to 8% of the participants' eligible compensation.
-7-
Investment programs
Participants may elect to have their contributions invested in any combination of the following thirteen investment fund options at December 31, 2001:
|
|
In addition, a self-directed fund option allows participants to invest in various other mutual funds outside of the standard Plan options. State Street Bank serves as custodian for funds invested through this self-directed fund option.
Vesting and distribution provisions
Participants are immediately fully vested in their participant contributions and earnings thereon. Upon termination of employment for any reason, including death, retirement or total and permanent disability, or upon Plan termination, the balance in participants' accounts are distributable.
Participants also vest immediately in the Company's matching contributions and the earnings thereon.
Administration
The Plan is administered by the Vice President - Human Services Division of Caterpillar Inc. who is responsible for nonfinancial matters, and the Benefits Funds Committee of Caterpillar Inc. which is responsible for financial aspects of the Plan. Caterpillar Inc. and the Benefit Funds Committee have entered into a trust agreement with The Northern Trust Company to receive contributions, administer the assets of the Plan and distribute withdrawals pursuant to the Plan.
Plan termination
Although it has not expressed any intent to do so, the Company has the right under the Plan at any time to terminate the Plan subject to provisions of ERISA. In the event of Plan termination, any unallocated assets of the
Plan shall be allocated to participant accounts and distributed in such a manner as the company may determine.
Federal income tax status
The Internal Revenue Service has determined and informed the Company by letter dated April 13, 1999, that the Plan and related trust are designed in accordance with applicable sections of the Internal Revenue Code (IRC). The Plan has been amended subsequent to the determination letter; however, the Plan administrator believes that the Plan is designed and is currently being operated in compliance with the applicable requirements of the IRC. Therefore, they believe that the Plan is qualified and the related trust is tax-exempt as of the financial statement date.
Risks and uncertainties
The Plan provides for various investment options in any combination of stocks, bonds, fixed income securities, mutual funds and other investment securities. Investment securities are exposed to various risks, such as interest rate, market and credit risks. Due to the level of risk associated with certain investment securities, it is at least reasonably possible that changes in the values of investment securities could occur in the near term and that such changes could materially affect participants' account balances and the amounts reported in the statement of net assets available for benefits.
-8-
Reclassifications
Certain 2000 amounts have been reclassified to conform with the 2001 presentation. These reclassifications have no impact on net assets as previously presented.
NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES:
Basis of accounting
The Plan's accounts are maintained on the accrual basis of accounting.
Investments
The fair value of the Plan's investment in the 401(k) Master Trust (Note 3) is based upon the beginning of the year value of the Plan's investment plus actual contributions, transfers and allocated investment income
(loss) less actual withdrawals. Shares of registered investment companies included in the self-directed fund option are valued at quoted market prices which represent the net asset value of shares held by the Plan at year end. Income from investments is recorded as earned.
Administrative expenses
Administrative costs, including trustee fees and certain investment costs, are paid by the Company.
Withdrawals
Withdrawals are recorded when paid.
Transfers
Transfers from other plans generally represent account balance transfers for participants who transfer from one plan covered by the Master Trust to another plan covered by the Master Trust. In addition, during 2000, the Caterpillar Agricultural Products Inc. Shop Employees Retirement Plan and Caterpillar Agricultural Products Inc. Office Employees Retirement Plan merged into the Plan with participant account balances of $10,305,000 transferred into the Plan.
Use of estimates in the preparation of financial statements
The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, income and benefit payments. Actual results could differ from those estimates. The Company believes the techniques and assumptions used in establishing these amounts are appropriate.
NOTE 3 - MASTER TRUST:
Under a Master Trust agreement with The Northern Trust Company (the Trustee), Part 2 of the Caterpillar Inc. Employees' Investment Plan (EIP), the Solar Turbines Incorporated Savings and Investment Plan and the Caterpillar Inc. Tax Deferred Savings Plan pool their investments in the Caterpillar Inc. 401(k) Master Trust (the Master Trust) in exchange for a percentage of participation in the Master Trust.
-9-
The Master Trust invests mainly in the Preferred Group of Mutual Funds, registered investment companies which are sponsored by Caterpillar Investment Management Ltd. (CIML), a wholly-owned subsidiary of the Company. The investment options available to the participants are summarized in Note 1.
CIML manages the Preferred Small Cap Fund and the Preferred Short-Term Government Fund. All other funds are managed by unrelated investment managers. Caterpillar Securities, Inc., a wholly-owned subsidiary of CIML, distributes the shares of the mutual funds to the Master Trust.
The percentage of the Plan's participation in the Master Trust was determined based on the December 31, 2001 and 2000 fair values of net assets, as accumulated by the Trustee for the investment funds of each plan. At December 31, 2001 and 2000, the Plan's pro rata interest in the quoted fair values of net assets of the Master Trust was 15.52% and 15.27%, respectively.
Investment valuation
The Master Trust's investments are stated at fair value. Common stock and cash and cash equivalents are valued at 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 Master Trust at year end.
Common and collective trust investments are valued at beginning of year value of the Master Trust's investment plus actual contributions, transfers and allocating investment income less actual withdrawals. Participant loans are valued at estimated fair value
which consists of outstanding principal and related accrued interest.
The net investment income or loss of the Master Trust is reflected in the financial statements of the Plan based on the actual earnings of each investment fund as allocated to the Plan based on average investment balances throughout the year.
Details of the net assets and significant components of the net investment (loss) income of the Master Trust are as follows:
December 31, |
|||||||||||
|
|||||||||||
2001 |
2000 |
||||||||||
|
|
||||||||||
(Dollars in 000's) |
|||||||||||
Investments, at fair value: |
|||||||||||
Cash and cash equivalents |
$ |
10,154 |
$ |
12,974 |
|||||||
Common stock |
395,577 |
433,253 |
|||||||||
Registered investment companies |
1,081,924 |
1,134,579 |
|||||||||
Common and collective trust |
175,750 |
138,174 |
|||||||||
Participant loans |
26,309 |
27,553 |
|||||||||
|
|
||||||||||
Total investments |
1,689,714 |
1,746,533 |
|||||||||
Dividend and interest receivable |
22 |
964 |
|||||||||
Transfers receivable from EIP Part 1 |
2,341 |
428 |
|||||||||
Contributions receivable |
6,193 |
6,649 |
|||||||||
Other receivable/(payable), net |
143 |
(359 |
) |
||||||||
|
|
||||||||||
Master Trust net assets |
$ |
1,698,413 |
$ |
1,754,215 |
|||||||
|
|
-10-
For the year ended |
||||||||||||
|
||||||||||||
2001 |
2000 |
|||||||||||
|
|
|||||||||||
(Dollars in 000's) |
||||||||||||
Investment (loss) income: |
||||||||||||
Interest |
$ |
3,590 |
$ |
3,960 |
||||||||
Dividends |
11,528 |
12,048 |
||||||||||
Net appreciation (depreciation) in fair value of - |
||||||||||||
Common stock |
44,598 |
29,263 |
||||||||||
Registered investment companies |
(125,201 |
) |
(71,665 |
) |
||||||||
Common and collective trust |
7,967 |
7,226 |
||||||||||
|
|
|||||||||||
Net investment loss |
$ |
(57,518 |
) |
$ |
(19,168 |
) |
||||||
|
|
-11-
SUPPLEMENTAL SCHEDULE
-12-
CATERPILLAR INC. |
||||||||||
|
||||||||||
(a) |
(b) |
(c) |
(d) |
(e) |
||||||
Identity of issue, |
Description of investment, including
maturity date, |
Cost ** |
Current |
|||||||
|
|
|
|
|
||||||
* |
Caterpillar Inc. |
401(k) Master Trust |
$ |
265,289,000 |
||||||
|
||||||||||
Accessor |
FSD Inc. Growth; 52.79 units |
1,198 |
||||||||
AIM |
Weingarten Class B; 1,674.00 units |
21,143 |
||||||||
Alliance |
Premier Growth Class A; 503.20 units |
10,225 |
||||||||
Technology Class B; 363.68 units |
22,690 |
|||||||||
American Century |
20th Century Int'l Growth; 15,885.24 units |
126,605 |
||||||||
20th Century Century Vista; 638.05 units |
7,082 |
|||||||||
Equity Growth; 145.03 units |
2,790 |
|||||||||
Global Natural Resources; 946.37 units |
11,252 |
|||||||||
Income & Growth; 162.46 units |
4,443 |
|||||||||
Technology; 2,646.71 units |
5,690 |
|||||||||
Ameristock |
Mutual Fund; 251.44 units |
10,259 |
||||||||
Baron |
Asset; 225.64 units |
10,032 |
||||||||
Small Cap Fund; 1,742.83 units |
26,508 |
|||||||||
Berger |
Large Cap Growth Fund N/C; 185.19 units |
2,031 |
||||||||
Small Cap Val Retail; 301.78 units |
8,471 |
|||||||||
Berkshire |
Focus Fund; 278.16 units |
2,590 |
||||||||
Black Oak |
Emerging Technology Fund; 3,149.67 units |
12,441 |
||||||||
Bridgeway |
Aggressive Growth; 902.82 units |
34,785 |
||||||||
Micro Cap Limited; 684.17 units |
6,527 |
|||||||||
Cash |
Cash Balance; 0.01 units |
- |
||||||||
Clipper |
Clipper; 131.79 units |
11,008 |
||||||||
Credit Suisse |
War Pin Japan Small Company; 4,806.59 units |
8,604 |
||||||||
War Pincus Japan Growth N/C; 1,476.11 units |
7,691 |
|||||||||
Dresdner |
RCM Biotechnology N; 418.65 units |
11,471 |
||||||||
RCM Europe Class N; 898.98 units |
7,273 |
|||||||||
RCM Global Health Care N; 337.12 units |
6,918 |
|||||||||
RCM Global Technology Class N; 171.42 units |
5,191 |
|||||||||
RCM Global Technology Fund; 166.87 units |
5,096 |
|||||||||
Dreyfus |
Appreciation Fund; 256.98 units |
9,770 |
||||||||
Disciplined Stock Class R; 134.37 units |
4,296 |
|||||||||
Midcap Index Fund; 2,368.34 units |
49,877 |
|||||||||
Premier Ltd Term High Inc. Class A; 578.23 units |
4,585 |
|||||||||
Eaton Vance |
Worldwide Health Science Class A; 924.39 units |
9,549 |
||||||||
Federated |
Aggressive Growth Class B; 51.61 units |
590 |
||||||||
Fidelity |
Disciplined Equity; 1,907.93 units |
42,165 |
||||||||
Dividend Growth; 2,823.65 units |
79,994 |
|||||||||
Emerging Growth; 1,052.89 units |
20,026 |
|||||||||
Growth Company; 154.31 units |
8,212 |
|||||||||
Japan; 708.22 units |
6,445 |
|||||||||
Japan Small Compaines; 1,254.71 units |
8,005 |
|||||||||
Low Priced Stock; 467.51 uniits |
12,819 |
|||||||||
OTC Port; 79.92 units |
2,491 |
|||||||||
Overseas; 71.42 units |
1,958 |
|||||||||
Select NWK & Infrastructure; 259.61 units |
766 |
|||||||||
Select Wireless Portfolio; 243.97 units |
1,325 |
|||||||||
Utilities; 48.59 units |
655 |
|||||||||
|
||||||||||
Firsthand |
Communications; 452.23 units |
1,506 |
||||||||
E-Commerce; 306.41 units |
1,051 |
|||||||||
Technology Leaders; 364.98 units |
6,884 |
|||||||||
Technology Innovator; 297.71 units |
4,882 |
|||||||||
Technology Value; 1,871.81 units |
77,212 |
|||||||||
Franklin |
Gold Class II; 2.36 units |
22 |
||||||||
Gabelli |
Global Telecommunications FD; 219.95 units |
3,071 |
||||||||
Growth Shares Ben Int; 348.36 units |
9,991 |
|||||||||
Galaxy |
Utility Index; 115.69 units |
1,093 |
||||||||
Green |
Century Balanced; 269.16 units |
4,309 |
||||||||
Growth |
Growth Fund of America; 330.75 units |
7,842 |
||||||||
Invesco |
Blue Chip Growth N/C; 131.54 units |
342 |
||||||||
Dynamics N/C; 1,784.56 units |
28,428 |
|||||||||
Energy N/C; 649.70 units |
11,285 |
|||||||||
International European; 679.79 units |
7,675 |
|||||||||
Leisure N/C; 121.19 units |
4,562 |
|||||||||
Technology N/C; 92.38 units |
3,009 |
|||||||||
Telecomm #39 N/C; 259.47 units |
4,312 |
|||||||||
Investment |
Investment Company of America; 328.94 units |
9,385 |
||||||||
Janus |
Enterprise; 712.17 units |
22,790 |
||||||||
Fund; 470.61 units |
11,577 |
|||||||||
Fund 2; 1,000.00 units |
7,450 |
|||||||||
Global Life Sciences; 2,007.30 units |
35,268 |
|||||||||
Global Technology; 2,887.77 units |
35,058 |
|||||||||
Investment Balanced; 500.01 units |
9,815 |
|||||||||
Investment Growth & Income; 739.43 units |
22,161 |
|||||||||
Investment Mercury; 2,962.77 units |
61,596 |
|||||||||
Investment Overseas; 474.41 units |
9,630 |
|||||||||
Investment Twenty; 992.57 units |
38,174 |
|||||||||
Investment Worldwide; 1,743.41 units |
76,431 |
|||||||||
Olympus; 1,957.60 units |
54,519 |
|||||||||
Orion Fund; 4,766.07 units |
28,501 |
|||||||||
Strategic Value Fund; 1,235.38 units |
11,440 |
|||||||||
John Hancock |
Sovern Investors Class B; 1,552.89 units |
30,840 |
||||||||
Masters |
Select Equity; 763.56 units |
9,613 |
||||||||
Matthews |
Dragon Century China; 534.70 units |
5,053 |
||||||||
Meridian |
Fund; 103.61 units |
2,983 |
||||||||
Value Fund; 1,349.06 units |
43,736 |
|||||||||
Midas |
Midas Fund; 950.93 units |
903 |
||||||||
Millenium |
Growth & Income; 401.94 units |
2,516 |
||||||||
Montgomery |
Global Communication; 25.62 units |
261 |
||||||||
Mid Cap 20 Class R; 52.09 units |
413 |
|||||||||
Sht Duration Government Bond; 1,097.16 units |
11,191 |
|||||||||
MSIF |
Trust Mid Cap Growth Port N/C; 359.85 units |
6,279 |
||||||||
Munder |
Bio Tech2 Class B; 265.39 units |
1,823 |
||||||||
International Net Net Class A; 393.73 units |
1,008 |
|||||||||
Net Net Class A; 271.06 units |
4,874 |
|||||||||
Power Plus Class II; 109.26 units |
920 |
|||||||||
Neuberger & Berman |
Focus Trust Frmly Selected Sectors TR; 91.82 units |
2,323 |
||||||||
Nevis |
Nevis Fund; 189.54 units |
2,799 |
||||||||
|
||||||||||
Oakmark |
Oakmark Fund; 57.67 units |
2,034 |
||||||||
Oakmark Select; 485.03 units |
13,212 |
|||||||||
PBHG |
Clipper Focus N/C; 216.53 units |
3,289 |
||||||||
Growth; 101.42 units |
2,065 |
|||||||||
Select Equity; 919.98 units |
22,438 |
|||||||||
Technology & Communication; 2,392.27 units |
39,209 |
|||||||||
Pimco |
Global Innovation Class B; 27.94 units |
235 |
||||||||
Innovation Class B; 70.18 units |
1,489 |
|||||||||
Total Return Class A; 1,114.92 units |
11,662 |
|||||||||
Pin Oak |
Aggressive Stock; 688.66 units |
16,452 |
||||||||
Pioneer |
High Yield Class A; 203.28 units |
2,232 |
||||||||
Potomac |
OTC Plus; 194.78 units |
2,415 |
||||||||
Putnam |
Fund for Growth & Income Cl A; 619.74 units |
10,982 |
||||||||
International Growth Class A; 367.48 units |
7,283 |
|||||||||
|
OTC & Emerging Growth; 147.52 units |
1,107 |
||||||||
Red Oak |
Technology Select; 4,200.06 units |
40,279 |
||||||||
Reynolds |
Blue Chip Growth; 141.12 units |
4,925 |
||||||||
RS |
Aggressive Growth; 1,214.88 units |
7,520 |
||||||||
Emerging Growth N/C; 214.73 units |
6,874 |
|||||||||
Rydex |
Biotechnology Inv Class; 377.51 units |
9,355 |
||||||||
Electronics Inv. Class; 1,237.75 units |
19,915 |
|||||||||
OTC Fund; 1,660.63 units |
18,350 |
|||||||||
Scudder |
Growth & Income; 111.73 units |
2,353 |
||||||||
Select |
Biotechnology; 55.12 units |
3,589 |
||||||||
Select |
Computers; 73.88 units |
2,810 |
||||||||
Develop Communications; 106.75 units |
2,018 |
|||||||||
Electronics; 342.16 units |
16,858 |
|||||||||
Energy Service; 198.64 units |
5,876 |
|||||||||
Health Care; 33.82 units |
4,304 |
|||||||||
Technology; 18.53 units |
1,123 |
|||||||||
Telecom; 83.38 units |
3,020 |
|||||||||
Selected |
American Shares; 295.77 units |
9,166 |
||||||||
SIT |
Small Cap Growth; 261.91 units |
6,603 |
||||||||
Spectra |
Spectra Fund Inc.; 1,041.20 units |
7,268 |
||||||||
SSGA |
Money Market Fund; 322,829.33 units |
322,829 |
||||||||
Stien Roe |
Intermediate Bond N/C; 1,350.48 units |
11,965 |
||||||||
Young Investor N/C; 32.01 units |
683 |
|||||||||
Strong |
Blue Chip 100; 50.01 units |
618 |
||||||||
Corporate Bond Income; 1,719.43 units |
18,054 |
|||||||||
Enterprise; 223.49 units |
4,948 |
|||||||||
Growth & Income; 161.40 units |
3,273 |
|||||||||
Large Cap Growth N/C; 6.18 units |
145 |
|||||||||
Technology 100 Fund; 999.26 units |
4,806 |
|||||||||
T Rowe Price |
Blue Chip Growth Inc; 148.18 units |
4,293 |
||||||||
Media & Telecommunications; 192.38 units |
3,876 |
|||||||||
Mid Cap Growth; 493.71 units |
19,452 |
|||||||||
Price Science & Technology; 407.01 units |
8,515 |
|||||||||
The Internet Fund |
The Internet Fund; 433.18 units |
9,443 |
||||||||
Turner |
Healthcare & Biotechnology II; 931.61 units |
11,282 |
||||||||
New Energy & Power Technology II; 828.73 units |
6,970 |
|||||||||
|
||||||||||
Ultra |
OTC Pro Fund Investor's Shares; 97.03 units |
3,625 |
||||||||
OTC Pro Fund Service Shares; 10.66 units |
382 |
|||||||||
Value Line |
Asset Allocation; 1,036.40 units |
17,857 |
||||||||
Van Kampen |
Real Estate Sec Class A; 519.55 units |
7,383 |
||||||||
Van Wagoner |
Income Post Venture; 218.05 units |
2,189 |
||||||||
Vanguard |
Equity Income; 261.27 units |
5,933 |
||||||||
Fixed Income International Term Co; 1,807.65 units |
17,588 |
|||||||||
GNMA Fixed Income Securities; 298.21 units |
3,095 |
|||||||||
Growth & Income; 583.81 units |
16,463 |
|||||||||
Growth Index; 1,045.12 units |
27,602 |
|||||||||
Index Trust S&P 500 Portfolio; 1,015.49 units |
107,531 |
|||||||||
US Growth Portfolio; 642.70 units |
12,115 |
|||||||||
Vanguard/Wellington Income; 111.37 units |
3,036 |
|||||||||
Wasatch |
Growth; 366.07 units |
12,666 |
||||||||
Hoisington Treasury; 56.08 units |
670 |
|||||||||
Weitz |
Value; 712.30 units |
24,425 |
||||||||
White Oak |
Growth Stock; 466.55 units |
17,934 |
||||||||
WM Sam |
Strategic Growth Class B; 2,633.02 units |
35,019 |
||||||||
|
||||||||||
Total registered investment companies |
2,447,323 |
|||||||||
|
||||||||||
Total Investments |
$ |
267,736,323 |
||||||||
|
||||||||||
* Denotes party in interest. |
||||||||||
** Cost information is not applicable for participant directed investments. |
-16-
EXHIBIT C
Consent of Independent Accountants
We hereby consent to the incorporation by reference in the Registration Statement on Form S-8 (No. 33-8003) of Caterpillar Inc. of our report dated May
21, 2002 relating to the financial statements of the Caterpillar Inc. Tax Deferred Savings Plan, which appears in this Form 11-K.
PricewaterhouseCoopers LLP
Peoria, Illinois
May 24, 2002
-17-
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