-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, EGoPjPbkTR5x5Bp+3RN4X+AP+vEmGE4tL2kS1VjPT1l1ryHLu+FtnKhasnLJJEcA brvSQF5IQ0Kufc0UNScHOQ== 0000950152-95-003059.txt : 19951228 0000950152-95-003059.hdr.sgml : 19951228 ACCESSION NUMBER: 0000950152-95-003059 CONFORMED SUBMISSION TYPE: 11-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19950630 FILED AS OF DATE: 19951227 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: CARDINAL HEALTH INC CENTRAL INDEX KEY: 0000721371 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-DRUGS PROPRIETARIES & DRUGGISTS' SUNDRIES [5122] IRS NUMBER: 310958666 STATE OF INCORPORATION: OH FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 11-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-11373 FILM NUMBER: 95604634 BUSINESS ADDRESS: STREET 1: 655 METRO PL SOUTH STE 925 CITY: DUBLIN STATE: OH ZIP: 43017 BUSINESS PHONE: 6147618700 MAIL ADDRESS: STREET 1: 655 METRO PLACE SOUTH STREET 2: SUITE 925 CITY: DUBLIN STATE: OH ZIP: 43017 FORMER COMPANY: FORMER CONFORMED NAME: CARDINAL DISTRIBUTION INC DATE OF NAME CHANGE: 19920703 11-K 1 CARDINAL HEALTH, INC. 11-K 1 SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 11-K Annual Report Pursuant to Section 15(d) of the Securities Exchange Act of 1934 For the Fiscal Year Ended June 30, 1995 Commission File Number 0-12591 Cardinal Health, Inc. Profit Sharing and Retirement Savings Plan (Full Title of Plan) Cardinal Health, Inc. 5555 Glendon Court Dublin, Ohio 43016 (Name of Issuer of the Securities Held by the Plan and Address of Principal Executive Office) 2 CARDINAL HEALTH, INC. PROFIT SHARING AND RETIREMENT SAVINGS PLAN TABLE OF CONTENTS - --------------------------------------------------------------------------------
PAGE SIGNATURES 2 INDEPENDENT AUDITORS' REPORT 3-4 FINANCIAL STATEMENTS: Statements of Net Assets Available for Benefits as of June 30, 1995 and 1994 5-6 Statements of Changes in Net Assets Available for Benefits for the Year Ended June 30, 1995 and the Three Months Ended June 30, 1994 7-8 Notes to Financial Statements 9-10 SUPPLEMENTAL SCHEDULES AS OF JUNE 30, 1995 AND 1994 AND FOR THE YEAR ENDED JUNE 30, 1995 AND THE THREE MONTHS ENDED JUNE 30, 1994: Item 27a - Schedule of Assets Held for Investment Purposes 11-12 Item 27d - Schedule of Reportable Transactions 13-14 EXHIBIT INDEX 15 EXHIBITS: Exhibit 23 - Independent Auditors' Consent 16
-1- 3 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the members of the Plan Committee have duly caused this annual report to be signed on its behalf by the undersigned thereunto duly authorized. CARDINAL HEALTH, INC. PROFIT SHARING AND RETIREMENT SAVINGS PLAN Date: December 20, 1995 /s/ David Bearman --------------------------------------------- David Bearman, Plan Committee Member Date: December 20, 1995 /s/ George H. Bennett Jr. --------------------------------------------- George H. Bennett, Jr., Plan Committee Member Date: December 20, 1995 /s/ Carole W. Tomko --------------------------------------------- Carole W. Tomko, Plan Committee Member -2- 4 INDEPENDENT AUDITORS' REPORT To the Plan Committee of Cardinal Health, Inc. Profit Sharing and Retirement Savings Plan: We have audited the accompanying statements of net assets available for benefits of the Cardinal Health, Inc. Profit Sharing and Retirement Savings Plan as of June 30, 1995 and 1994 and the related statements of changes in net assets available for benefits for the year ended June 30, 1995 and the three months ended June 30, 1994. 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 in accordance with generally accepted auditing standards. Those standards 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. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion. In our opinion, such financial statements present fairly, in all material respects, the net assets available for benefits of the Cardinal Health, Inc. Profit Sharing and Retirement Savings Plan as of June 30, 1995 and 1994, and the changes in net assets available for benefits for the year ended June 30, 1995 and the three months ended June 30, 1994 in conformity with generally accepted accounting principles. -3- 5 Our audits were conducted for the purpose of forming an opinion on the basic financial statements taken as a whole. The supplemental information by fund is presented for the purpose of additional analysis of the basic financial statements rather than to present information regarding the net assets available for benefits and changes in net assets available for benefits of the individual funds, and is not a required part of the basic financial statements. The supplemental schedules listed in the Table of Contents 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. This supplemental information and the supplemental schedules are the responsibility of the Plan's management. Such supplemental information by fund and schedules have been subjected to the auditing procedures applied in our audit of the basic financial statements and, in our opinion, are fairly stated in all material respects when considered in relation to the basic financial statements taken as a whole. DELOITTE & TOUCHE LLP Columbus, Ohio December 15, 1995 -4- 6 CARDINAL HEALTH, INC. PROFIT SHARING AND RETIREMENT SAVINGS PLAN STATEMENT OF NET ASSETS AVAILABLE FOR BENEFITS AS OF JUNE 30, 1995 - -------------------------------------------------------------------------------
SUPPLEMENTAL INFORMATION BY FUND -------------------------------------------------------------- SHORT-TERM ASSET EQUITY EQUITY INVESTMENT MANAGER FUND A FUND B FUND FUND ASSETS: Contribution receivable, primarily from Plan sponsor $ 587,517 $ 994,279 $ 562,731 $ 142,585 Participant notes receivable Investments (Notes 1 and 3): Mutual funds 8,905,713 19,235,788 1,154,109 Money market fund 12,703,009 Stable value fund Equity securities ---------- ----------- ----------- ---------- Total investments 8,905,713 19,235,788 12,703,009 1,154,109 ---------- ----------- ----------- ---------- NET ASSETS AVAILABLE FOR BENEFITS $9,493,230 $20,230,067 $13,265,740 $1,296,694 ========== =========== =========== ========== SUPPLEMENTAL INFORMATION BY FUND ------------------------------------------------------------------------ ASSET ASSET MANAGED MANAGER MANAGER INCOME PARTICIPANT GROWTH INCOME PORTFOLIO COMPANY NOTES COMBINED FUND FUND FUND STOCK RECEIVABLE FUNDS ASSETS: Contribution receivable, primarily from Plan sponsor $ 264,912 $ 74,988 $ 113,840 $ 521,342 $ 3,262,194 Participant notes receivable $1,175,221 1,175,221 Investments (Notes 1 and 3): Mutual funds 1,437,292 2,288,311 33,021,213 Money market fund 12,703,009 Stable value fund 974,319 974,319 Equity securities 5,022,333 5,022,333 ---------- ---------- ---------- ---------- ---------- ----------- Total investments 1,437,292 2,288,311 974,319 5,022,333 51,720,874 ---------- ---------- ---------- ---------- ---------- ----------- NET ASSETS AVAILABLE FOR BENEFITS $1,702,204 $2,363,299 $1,088,159 $5,543,675 $1,175,221 $56,158,289 ========== ========== ========== ========== ========== ===========
See notes to financial statements. -5- 7 CARDINAL HEALTH, INC. PROFIT SHARING AND RETIREMENT SAVINGS PLAN STATEMENT OF NET ASSETS AVAILABLE FOR BENEFITS AS OF JUNE 30, 1994 - -------------------------------------------------------------------------------
SUPPLEMENTAL INFORMATION BY FUND ---------------------------------------------------------- SHORT-TERM ASSET EQUITY EQUITY INVESTMENT MANAGER FUND A FUND B FUND FUND ASSETS: Contribution receivable, primarily from Plan sponsor $ 138,745 $ 226,956 $ 116,876 $ 21,708 Investments (Notes 1 and 3): 6,419,321 9,050,073 488,427 Mutual funds Money market fund 7,301,501 Stable value fund Equity securities ---------- ---------- ---------- ---------- Total investments 6,419,321 9,050,073 7,301,501 488,427 ---------- ---------- ---------- ---------- NET ASSETS AVAILABLE FOR BENEFITS $6,558,066 $9,277,029 $7,418,377 $ 510,135 ========== ========== ========== ========== SUPPLEMENTAL INFORMATION BY FUND ------------------------------------------------------- ASSET ASSET MANAGED MANAGER MANAGER INCOME GROWTH INCOME PORTFOLIO COMPANY COMBINED FUND FUND FUND STOCK FUNDS ASSETS: Contribution receivable, primarily from Plan sponsor $ 40,432 $ 9,947 $ 21,263 $ 102,210 $ 678,137 Investments (Notes 1 and 3): Mutual funds 568,118 378,057 16,903,996 Money market fund 7,301,501 Stable value fund 588,552 588,552 Equity securities 3,083,182 3,083,182 ---------- ---------- ---------- ---------- ----------- Total investments 568,118 378,057 588,552 3,083,182 27,877,231 ---------- ---------- ---------- ---------- ----------- NET ASSETS AVAILABLE FOR BENEFITS $ 608,550 $ 388,004 $ 609,815 $3,185,392 $28,555,368 ========== ========== ========== ========== ===========
See notes to financial statements. -6- 8 STATEMENT OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS FOR THE YEAR ENDED JUNE 30, 1995 - --------------------------------------------------------------------------------
SUPPLEMENTAL INFORMATION BY FUND ------------------------------------------------------------------------------ ASSET ASSET SHORT-TERM ASSET MANAGER MANAGER EQUITY EQUITY INVESTMENT MANAGER GROWTH INCOME FUND A FUND B FUND FUND FUND FUND INCREASES IN NET ASSETS: Contributions transferred from previous qualified plans (Note 2) $1,498,553 $ 5,417,705 $ 5,487,806 $ 422,749 $ 341,574 $1,883,732 Contributions from Plan sponsor 817,522 1,359,057 743,832 198,898 356,455 106,127 Contributions from Plan participants 685,112 1,132,393 444,370 162,900 317,941 95,584 Investment income: Dividends 517,776 74,596 451,478 31,770 27,830 31,605 Interest 1,918 3,063 2,383 3,097 2,109 262 Net appreciation in fair value of investments 340,666 4,302,764 38,603 58,538 85,202 ---------- ----------- ----------- ---------- ---------- ---------- Total increases 3,861,547 12,289,578 7,129,869 858,017 1,104,447 2,202,512 ---------- ----------- ----------- ---------- ---------- ---------- DECREASES IN NET ASSETS: Retirement benefits (538,452) (958,622) (1,124,618) (131,061) (65,002) (71,451) Loan withdrawals (63,670) (217,416) (178,251) (8,185) (11,899) 324 Miscellaneous - other (160) (265) (664) (39) (40) Interfund transfers (324,101) (160,237) 21,027 67,827 66,108 (156,050) ---------- ----------- ----------- ---------- ---------- ---------- Total (decreases) increases (926,383) (1,336,540) (1,282,506) (71,458) (10,793) (227,217) ---------- ----------- ----------- ---------- ---------- ---------- INCREASE IN NET ASSETS AVAILABLE FOR BENEFITS 2,935,164 10,953,038 5,847,363 786,559 1,093,654 1,975,295 NET ASSETS AVAILABLE FOR BENEFITS, BEGINNING OF YEAR 6,558,066 9,277,029 7,418,377 510,135 608,550 388,004 ---------- ----------- ----------- ---------- ---------- ---------- NET ASSETS AVAILABLE FOR BENEFITS, END OF YEAR $9,493,230 $20,230,067 $13,265,740 $1,296,694 $1,702,204 $2,363,299 ========== =========== =========== ========== ========== ========== SUPPLEMENTAL INFORMATION BY FUND -------------------------------------- MANAGED INCOME PARTICIPANT PORTFOLIO COMPANY NOTES COMBINED FUND STOCK RECEIVABLE FUNDS INCREASES IN NET ASSETS: Contributions transferred from previous qualified plans (Note 2) $ 184,351 $ 298,371 $ 695,154 $16,229,995 Contributions from Plan sponsor 155,568 701,384 4,438,843 Contributions from Plan participants 118,260 516,506 3,473,066 Investment income: Dividends 44,395 10,134 1,189,584 Interest 963 972 14,767 Net appreciation in fair value of investments 695,859 5,521,632 ---------- ---------- ---------- ----------- Total increases 503,537 2,223,226 695,154 30,867,887 ---------- ---------- ---------- ----------- DECREASES IN NET ASSETS: Retirement benefits (184,366) (190,226) (3,263,798) Loan withdrawals (6,421) 5,451 480,067 Miscellaneous - other (1,168) Interfund transfers 165,594 319,832 ---------- ---------- ---------- ----------- Total (decreases) increases (25,193) 135,057 480,067 (3,264,966) ---------- ---------- ---------- ----------- INCREASE IN NET ASSETS AVAILABLE FOR BENEFITS 478,344 2,358,283 1,175,221 27,602,921 NET ASSETS AVAILABLE FOR BENEFITS, BEGINNING OF YEAR 609,815 3,185,392 28,555,368 ---------- ---------- ---------- ----------- NET ASSETS AVAILABLE FOR BENEFITS, END OF YEAR $1,088,159 $5,543,675 $1,175,221 $56,158,289 ========== ========== ========== ===========
See notes to financial statements. -7- 9 CARDINAL HEALTH, INC. PROFIT SHARING AND RETIREMENT SAVINGS PLAN STATEMENT OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS FOR THE THREE MONTHS ENDED JUNE 30, 1994 - --------------------------------------------------------------------------------
SUPPLEMENTAL INFORMATION BY FUND -------------------------------------------------------------------- ASSET SHORT-TERM ASSET MANAGER EQUITY EQUITY INVESTMENT MANAGER GROWTH FUND A FUND B FUND FUND FUND INCREASES IN NET ASSETS: Contributions transferred from previous qualified plans (Note 2) $ 9,765 $ 43,835 $ 13,167 $ 13,620 Contributions from Plan sponsor 167,255 265,977 $ 137,590 25,969 47,075 Contributions from Plan participants 86,870 140,744 50,983 12,167 26,482 Investment income - dividends 49,596 347,373 62,015 2,770 Net appreciation (depreciation) in fair value of investments 6,049 (748,403) (9,403) (12,359) ---------- ---------- ---------- -------- -------- Total increases 319,535 49,526 250,588 44,670 74,818 ---------- ---------- ---------- -------- -------- DECREASES IN NET ASSETS: Retirement benefits (54,348) (84,959) (568,573) (102) (70) Interfund transfers (14,290) (36,096) (148,401) 46,008 8,508 ---------- ---------- ---------- -------- -------- Total (decreases) increases (68,638) (121,055) (716,974) 45,906 8,438 ---------- ---------- ---------- -------- -------- INCREASE (DECREASE) IN NET ASSETS AVAILABLE FOR BENEFITS 250,897 (71,529) (466,386) 90,576 83,256 NET ASSETS AVAILABLE FOR BENEFITS, BEGINNING OF PERIOD 6,307,169 9,348,558 7,884,763 419,559 525,294 ---------- ---------- ---------- -------- -------- NET ASSETS AVAILABLE FOR BENEFITS, END OF PERIOD $6,558,066 $9,277,029 $7,418,377 $510,135 $608,550 ========== ========== ========== ======== ======== SUPPLEMENTAL INFORMATION BY FUND -------------------------------- ASSET MANAGED MANAGER INCOME INCOME PORTFOLIO COMPANY COMBINED FUND FUND STOCK FUNDS INCREASES IN NET ASSETS: Contributions transferred from previous qualified plans (Note 2) $ 16,043 $ 5,460 $ 15,968 $ 117,858 Contributions from Plan sponsor 12,302 18,362 120,798 795,328 Contributions from Plan participants 8,035 10,557 56,012 391,850 Investment income - dividends 3,189 7,338 1,620 473,901 Net appreciation (depreciation) in fair value of investments (3,970) (1,865) 193,208 (576,743) -------- -------- ---------- ----------- Total increases 35,599 39,852 387,606 1,202,194 -------- -------- ---------- ----------- DECREASES IN NET ASSETS: Retirement benefits (87) (71,769) (779,908) Interfund transfers 3,199 39,243 101,829 -------- -------- ---------- ----------- Total (decreases) increases 3,199 39,156 30,060 (779,908) -------- -------- ---------- ----------- INCREASE (DECREASE) IN NET ASSETS AVAILABLE FOR BENEFITS 38,798 79,008 417,666 422,286 NET ASSETS AVAILABLE FOR BENEFITS, BEGINNING OF PERIOD 349,206 530,807 2,767,726 28,133,082 -------- -------- ---------- ----------- NET ASSETS AVAILABLE FOR BENEFITS, END OF PERIOD $388,004 $609,815 $3,185,392 $28,555,368 ======== ======== ========== ===========
See notes to financial statements. -8- 10 CARDINAL HEALTH, INC. PROFIT SHARING AND RETIREMENT SAVINGS PLAN NOTES TO FINANCIAL STATEMENTS FOR THE YEAR ENDED JUNE 30, 1995 AND THE THREE MONTHS ENDED JUNE 30, 1994 - -------------------------------------------------------------------------------- 1. ACCOUNTING POLICIES The accompanying financial statements have been prepared on the accrual basis. Purchases and sales of securities are recorded on the trade date. Interest income is recorded as earned and dividend income is recorded on the ex-dividend date. The statements of net assets available for benefits include investments in mutual funds, money market funds, stable value funds and equity securities valued at quoted market prices on the last business day of the plan year. 2. DESCRIPTION OF PLAN Substantially all employees of Cardinal Health, Inc. and its subsidiaries (collectively referred to as the employer, Plan sponsor or Company) not covered by a collective bargaining agreement and who have completed 1,000 or more hours of credited service are eligible to participate in the Plan. The Plan was adopted on March 25, 1987, and replaced a variety of non-collectively bargained retirement plans the Company previously maintained at the subsidiary level. Contributions transferred from or receivable from previous qualified plans are comprised of transfer contributions of new employees from other previously unrelated qualified plans. Effective October 1, 1993, the Plan allows employees to authorize payroll deductions up to the lesser of 15% of their credited compensation or the maximum allowed under the IRS guidelines. In addition, Company Matching Contributions are 75% of the Participant Elected Contributions up to 3% of credited compensation. The Company also makes profit sharing contributions ("Profit Sharing Contributions") to the Plan on behalf of each eligible employee who completes at least 1,000 hours of service and was an eligible employee on the last day of the plan year. The Company's Profit Sharing Contributions each plan year consist of: (a) automatic contributions equal to 3% of total credited compensation for all eligible participants; and (b) additional contributions, if any, determined at the sole discretion of the Company, which are allocated to participants based first upon their credited compensation in excess of the Social Security taxable wage base (up to 6.06% of such excess) and next, pro rata, based upon total credited compensation. The investment of such contributions is generally directed by the employee into one or more of the following investment options: a money market fund, a stable value fund, one of five mutual funds or the Company's common stock fund established under the Plan. All participants in the Plan who were employed by the Company on its commencement date are fully vested in all plan benefits which accrue to their account. Subsequently hired participants have a nonforfeitable right to accrued benefits pertaining to Participant Elected Contributions and transfer contributions at all times, and a nonforfeitable right to accrued benefits from Company Matching Contributions and Profit Sharing Contributions in the event of retirement or other termination of employment: (a) on or after the participant's 65th birthday; (b) on account of permanent disability; -9- 11 (c) by reason of death; or (d) after completion of 5 years of service. A newly hired participant whose employment terminates under other circumstances will have a nonforfeitable right to a portion of the accrued benefits from Company Matching Contributions and Profit Sharing Contributions determined under a 5-year schedule, based on years of service. All other unvested accrued benefits will be forfeited and used to reduce Company contributions. All administrative expenses are paid by the Plan sponsor, excluding loan fees which are paid by the borrowing participant. Effective January 1, 1995 participants may borrow from their fund accounts a minimum of $1,000 up to a maximum equal to the lesser of $50,000 or 50 percent of their vested account balance. Loan transactions are treated as a transfer to (from) the investment fund from (to) the Participant Notes fund. Loan terms range from 1-5 years or up to 15 years for the purchase of a primary residence. The loans are secured by the remaining vested balance in the participant's account and bear interest at a rate commensurate with local prevailing rates as determined monthly by the Plan administrator. Interest rates for outstanding loans range from 6 percent to 13 percent. Principal and interest are paid ratably through payroll deductions. As of June 30, 1995, benefits payable to terminated employees were $54,774. There were no benefits payable as of June 30, 1994. These amounts are included on line 31g of the Plan's Form 5500. Although it has not expressed any intent to do so, the Company reserves the right to terminate the Plan. In this event, the accounts of all participants and beneficiaries would become fully vested and all benefits nonforfeitable. In September 1994, the Plan was approved as a qualified defined contribution plan by the Internal Revenue Service. The Plan has been amended since receiving the determination letter. However, the Plan administrator believes that the Plan is currently designed and being operated in compliance with the applicable requirements of the Internal Revenue Code. Therefore, the administrator believes that the Plan was qualified and was tax-exempt as of the financial statement date. For further information, participants should refer to the Summary Plan Description provided by the Plan sponsor. 3. PLAN INVESTMENTS Investments of more than five percent of net assets at June 30, 1995 and 1994 consisted of:
1995 1994 --------------------------- ------------------------ MARKET MARKET VALUE COST VALUE COST Equity Securities - Cardinal Health, Inc. Common Shares $ 5,022,333 $ 3,564,853 $3,083,182 $2,180,898 Mutual Funds: Fidelity Puritan Fund 8,905,713 8,366,002 6,419,321 6,215,828 Fidelity Magellan Fund 19,235,788 15,230,954 9,050,073 9,244,360 Fidelity Retirement Government Money Market Portfolio 12,703,009 12,703,009 7,301,501 7,301,501
* * * * * * -10- 12 CARDINAL HEALTH, INC. PROFIT SHARING AND RETIREMENT SAVINGS PLAN SUPPLEMENTAL SCHEDULE - ITEM 27a - SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES AS OF JUNE 30, 1995 - --------------------------------------------------------------------------------
UNITS/ MARKET SHARES DESCRIPTION VALUE COST Mutual Funds: 551,437 Fidelity Puritan Fund $ 8,905,713 $ 8,366,002 230,369 Fidelity Magellan Fund 19,235,788 15,230,954 12,703,009 Fidelity Retirement Government Money Market Portfolio 12,703,009 12,703,009 77,980 Fidelity Asset Manager Fund 1,154,109 1,132,847 102,884 Fidelity Asset Manager Growth Fund 1,437,292 1,398,924 205,598 Fidelity Asset Manager Income Fund 2,288,311 2,210,934 974,319 Fidelity Managed Income Portfolio Fund 974,319 974,319 ------------ ------------ Total Mutual Funds 46,698,541 42,016,989 106,293 Equity Securities - Cardinal Health, Inc. 5,022,333 3,564,853 Participant Notes Receivable - interest rate 6% - 13% maturing 1996 through 2010 1,175,221 1,175,221 ------------ ------------ TOTAL $ 52,896,095 $ 46,757,063 ============ ============
-11- 13 CARDINAL HEALTH, INC. PROFIT SHARING AND RETIREMENT SAVINGS PLAN SUPPLEMENTAL SCHEDULE - ITEM 27a - SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES AS OF JUNE 30, 1994 - --------------------------------------------------------------------------------
UNITS/ MARKET SHARES DESCRIPTION VALUE COST Mutual Funds: 413,084 Fidelity Puritan Fund $ 6,419,321 $ 6,215,828 141,540 Fidelity Magellan Fund 9,050,073 9,244,360 7,301,501 Fidelity Retirement Government Money Market Portfolio 7,301,501 7,301,501 34,324 Fidelity Asset Manager Fund 488,427 515,769 42,684 Fidelity Asset Manager Growth Fund 568,118 597,460 35,498 Fidelity Asset Manager Income Fund 378,057 390,891 588,552 Fidelity Managed Income Portfolio Fund 588,552 588,552 ----------- ----------- Total Mutual Funds 24,794,049 24,854,361 62,922 Equity Securities - Cardinal Health, Inc. 3,083,182 2,180,898 ----------- ----------- TOTAL $27,877,231 $27,035,259 =========== ===========
-12- 14 CARDINAL HEALTH, INC. PROFIT SHARING AND RETIREMENT SAVINGS PLAN SUPPLEMENTAL SCHEDULE - ITEM 27d - SCHEDULE OF REPORTABLE TRANSACTIONS FOR THE YEAR ENDED JUNE 30, 1995 - --------------------------------------------------------------------------------
COST OF ASSET NET PURCHASES(1) PROCEEDS(1) AT DATE OF SALE GAIN SERIES OF REPORTABLE TRANSACTIONS:(2) Fidelity Puritan Fund $3,307,788 $1,162,062 $1,157,610 $ 4,452 Fidelity Magellan Fund 7,708,701 1,825,750 1,722,108 103,642 Company Stock Fund 1,663,210 419,918 279,253 140,665 Fidelity Asset Manager Income Fund 2,088,406 263,354 258,344 5,010 Fidelity Short Term Investment Fund 7,124,343 1,722,835 1,722,835 SINGLE REPORTABLE TRANSACTIONS: Fidelity Magellan Fund 5,205,213 Fidelity Short Term Investment Fund 5,431,175 Fidelity Asset Manager Income Fund 1,857,690
(1) Purchase price and selling price are equal to current value at date of transaction. (2) Includes single reportable transactions. -13- 15 CARDINAL HEALTH, INC. PROFIT SHARING AND RETIREMENT SAVINGS PLAN SUPPLEMENTAL SCHEDULE - ITEM 27d - SCHEDULE OF REPORTABLE TRANSACTIONS FOR THE THREE MONTHS ENDED JUNE 30, 1994 - --------------------------------------------------------------------------------
COST OF ASSET NET PURCHASES(1) PROCEEDS(1) AT DATE OF SALE GAIN SERIES OF REPORTABLE TRANSACTIONS - Fidelity Magellan Fund $1,403,247 $269,878 $269,517 $361
(1) Purchase price and selling price are equal to current value at date of transaction. -14- 16 CARDINAL HEALTH, INC. PROFIT SHARING AND RETIREMENT SAVINGS PLAN EXHIBIT INDEX - --------------------------------------------------------------------------------
Page Exhibit 23 - Independent Auditors' Consent 16
-15- EX-23 2 EXHIBIT 23 1 EXHIBIT 23 INDEPENDENT AUDITORS' CONSENT We consent to the incorporation by reference in Registration Statement No. 33-42357 of Cardinal Health, Inc. on Form S-8 of our report dated December 15, 1995, appearing in this Annual Report on Form 11-K of the Cardinal Health, Inc. Profit Sharing and Retirement Savings Plan for the year ended June 30, 1995. DELOITTE & TOUCHE LLP Columbus, Ohio December 26, 1995 -16- -----END PRIVACY-ENHANCED MESSAGE-----