-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: keymaster@town.hall.org Originator-Key-Asymmetric: MFkwCgYEVQgBAQICAgADSwAwSAJBALeWW4xDV4i7+b6+UyPn5RtObb1cJ7VkACDq pKb9/DClgTKIm08lCfoilvi9Wl4SODbR1+1waHhiGmeZO8OdgLUCAwEAAQ== MIC-Info: RSA-MD5,RSA, mp2N/Zc3YTNod6yzpbkRbag0QyHdG5ZKzK2tpmFgxezjm3HVRWHMbl+00V/T1tkM 8OC7ayc88W52u2A0YyDnbA== 0000950152-94-000643.txt : 19940705 0000950152-94-000643.hdr.sgml : 19940705 ACCESSION NUMBER: 0000950152-94-000643 CONFORMED SUBMISSION TYPE: 10-K/A PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19940129 FILED AS OF DATE: 19940627 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CONSOLIDATED STORES CORP /DE/ CENTRAL INDEX KEY: 0000768835 STANDARD INDUSTRIAL CLASSIFICATION: 5331 IRS NUMBER: 061119097 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: 10-K/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-08897 FILM NUMBER: 94535889 BUSINESS ADDRESS: STREET 1: 300 PHILIP ROAD STREET 2: TREASURY DEPT CITY: COLUMBUS STATE: OH ZIP: 43228-1310 BUSINESS PHONE: 614-278-6800 MAIL ADDRESS: STREET 1: 1105 NORTH MARKET STREET STREET 2: SUITE 1300 CITY: WILMINGTON STATE: DE ZIP: 19899 10-K/A 1 CONSOLIDATED STORES 10-K/A 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 1O-K/A [X] AMENDMENT NO. 1 TO ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended January 29, 1994 OR [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to -------------- ---------------- Commission file number 1-8897 CONSOLIDATED STORES CORPORATION (Exact name of registrant as it appears in its charter) Delaware 06-1119097 State of incorporation I.R.S. Employer Identification Number 1105 North Market Street, Suite 1300 P.O. Box 8985 Wilmington, Delaware 19899 (Address of principal executive offices) (302) 478-4896 Registrants telephone number, including area code Securities registered pursuant to Section 12(b) of the Act: Name of each Exchange Title of each class on which registered ------------------- --------------------- Common Stock $.01 par value New York Stock Exchange Preferred Stock Purchase Rights New York Stock Exchange Indicate 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, and (2) has been subject to such filing requirements for the past 90 days. Yes [ X ] No [ ] Indicate if the 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 the registrant's knowledge, in a definitive proxy or information statement incorporated by reference in Part III of this FORM 10-K or any amendment to this FORM 10-K [ ] The aggregate market value (based on the closing price on the New York Stock Exchange) of the Common Stock of the Registrant held by nonaffiliates of the Registrant was $798,793,870 on March 31, 1994. For purposes of this response, executive officers and directors are deemed to be the affiliates of the Registrant and the holdings by nonaffiliates was computed as 46,306,891 shares. The number of shares of Common Stock $.01 par value per share, outstanding as of March 31, 1994, was 46,583,193 and there were no shares of Non-Voting Common Stock, $.01 par value per share outstanding at that date. DOCUMENTS INCORPORATED BY REFERENCE ----------------------------------- Portions of the Registrant's Proxy Statement are incorporated into Part III. 2 Pursuant to Rule 15d-21 under the Securities Exchange Act of 1934, the undersigned registrant hereby amends its annual report on Form 10-K for the fiscal year ended January 29, 1994 to include the following information and financial statements required by Form 11-K with respect to the Consolidated Stores Corporation Savings Plan (Plan) for the year ended December 31, 1993. CONSOLIDATED STORES CORPORATION SAVINGS PLAN TABLE OF CONTENTS Page No. ------- Independent Auditors' Report 1 Financial Statements: Statement of Net Assets Available for Benefits as of December 31, 1993 and December 31, 1992 2 Statement of Changes in Net Assets Available for Benefits for the year ended December 31, 1993 3 Notes to Financial Statements 4 Supplemental Schedules: Schedule of Assets Held for Investment as of December 31, 1993 10 Schedule of Reportable Transactions in Excess of Five Percent of Current Value of Plan Assets for the Year Ended December 31, 1993 11 Exhibits: Independent Auditors' Consent 12 Signatures 13 3 INDEPENDENT AUDITORS' REPORT ---------------------------- To the Plan Administrator of the Consolidated Stores Corporation Savings Plan: We have audited the accompanying statements of net assets available for benefits of the CONSOLIDATED STORES CORPORATION SAVINGS PLAN (the Plan) as of December 31, 1993 and 1992, and the related statement of changes in net assets available for benefits for the year ended December 31, 1993. These financial statements are the responsibility of the Plan Administrator. 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 Plan as of December 31, 1993 and 1992, and the changes in net assets available for benefits for the year ended December 31, 1993, in conformity with generally accepted accounting principles. Our audits were conducted for the purpose of forming an opinion on the basic financial statements taken as a whole. The supplemental schedules of (1) assets held for investment as of December 31, 1993, and (2) reportable transactions in excess of five percent of the current value of Plan assets for the year ended December 31, 1993, 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 schedules are the responsibility of the Plan's administrator. Such schedules have been subjected to the auditing procedures applied in our audit of the basic 1993 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 Dayton, Ohio, June 22, 1994 1 4 CONSOLIDATED STORES CORPORATION SAVINGS PLAN STATEMENTS OF NET ASSETS AVAILABLE FOR BENEFITS
December 31, -------------------------- 1993 1992 ------------ ----------- ASSETS Investment in securities: Consolidated Stores Corporation Common Shares $ 6,840,014 $ 6,329,808 Mutual funds 2,278,871 1,350,766 Money market funds 2,289,869 1,922,410 Cash and temporary cash investments 44,134 33,424 Contribution receivable from Consolidated Stores Corporation 1,340,569 611,406 Interest receivable 92 -- Loans receivable 1,023,211 -- Receivable from nonqualified plan 251,887 -- Receivable from related funds -- 73,067 ------------ ----------- 14,068,647 10,320,881 ------------ ----------- LIABILITIES Payable to Plan participants 15,864 161,237 Payable to nonqualified plan -- 4,682 Payable to others 53,892 -- Payable to related funds -- 73,067 ------------ ----------- 69,756 238,986 ------------ ----------- Net assets $ 13,998,891 $ 10,081,895 ============ ===========
See notes to financial statements. 2 5 CONSOLIDATED STORES CORPORATION SAVINGS PLAN STATEMENT OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS
December 31, ------------ 1993 ------------ INCREASES IN PLAN ASSETS: Contributions: Participant contributions $ 2,553,048 Company contribution 1,315,094 Investment income: Interest 186,881 Dividends 125,751 Loan repayments, including interest 116,608 Net appreciation in fair value of investments 841,889 ------------ Total increases 5,139,271 DECREASES IN PLAN ASSETS: Distributions to Plan participants 1,222,275 ------------ NET INCREASE IN PLAN ASSETS 3,916,996 NET ASSETS - Beginning of year 10,081,895 ------------ NET ASSETS - End of year $ 13,998,891 ============
See notes to financial statements. 3 6 CONSOLIDATED STORES CORPORATION SAVINGS PLAN NOTES TO FINANCIAL STATEMENTS PLAN DESCRIPTION - - ---------------- On December 31, 1993 there were approximately 7,000 employees eligible to participate in the Plan. On that date approximately 2,900 were participating. The following brief description of the Consolidated Stores Corporation Savings Plan ("Plan") provides only general information. Participants should refer to the Plan document for more complete information. The purposes of the Plan are to encourage employee savings, to facilitate employee ownership of the Common Stock of Consolidated Stores Corporation, and to provide benefits during the employee's participation in the Plan and upon retirement, death, disability or termination of employment. The administrator of the Plan is Consolidated Stores Corporation Savings Plan Committee ("Committee"). Effective January 15, 1993, State Street Bank and Trust Company was appointed as successor trustee to Merrill Lynch Trust Company. (see TRUST AGREEMENT). All employees of Consolidated Stores Corporation and any of its subsidiaries ("Company") which have adopted the Plan are eligible to participate. Participants must have attained age twenty-one and have completed one year of service prior to eligibility. Eligible employees may begin participation on the January 1, April 1, July 1, or October 1, ("Participation Date") coinciding with or next following the date they have met the age and service requirements described above. For any plan year, participants may contribute to the Plan any whole dollar amount not less than 1% of their compensation for such plan year but not more than the lesser of $7,000 (or such larger amount in accordance with Code Section 415(d) which is $8,894 as of January 1, 1993) or 15% of their compensation for the plan year. For 1993 the Company made matching contributions to the Plan on behalf of participants in an amount equal to 100% of the first 1%, 75% of the second 1%, and 50% of the next 4%, of the employee's first 6% contribution. Prior to 1993 matching contributions were in an amount equal to 50% of the employees first 6% contribution. The Company's matching contributions will always be made in the form of Common Stock of the Company. Participants may elect to allocate their elective contribution to any of the Investment Funds (See INVESTMENT PROGRAMS) in increments of 25%. Additionally, this allocation may be revised or investment balances may be transferred by the participant upon notifying participant services by telephone. Each participant shall be fully vested in the Company's matching contributions allocable to their account in the event of retirement or other termination of employment on or after his or her 65th birthday, on account of disability, as defined, or by reason of death. 4 7 CONSOLIDATED STORES CORPORATION SAVINGS PLAN NOTES TO FINANCIAL STATEMENTS (Continued) PLAN DESCRIPTION - Continued - - ---------------------------- A participant whose employment terminates under circumstances other than those described in the preceding paragraph will be vested in a portion of the Company's matching contribution based on years of service as follows:
Vested Years of Service Percentage -------------------------- ---------- Less than 2 0 At least 2 but less than 3 25 At least 3 but less than 4 50 At least 4 but less than 5 75 5 or more 100
The portion of the Company's matching contribution that is not fully vested will be forfeited at the time employment terminates. The Company has the right to terminate or amend the Plan at any time. In the event of termination, the Plan assets will be distributed to the participants, after payment of any expenses properly chargeable thereto, in proportion to their respective account balances. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - - ------------------------------------------ BASIS OF ACCOUNTING. The financial statements of the Plan are prepared on the accrual basis of accounting. INVESTMENTS. Investments are reflected in the accompanying statement of net assets available for benefits at market value, which is the valuation of the security or interest in an equity fund at year-end as determined by the quoted market price. NET APPRECIATION ON INVESTMENTS. Realized gains and losses are determined on a first-in, first-out basis utilizing a revalued cost which is calculated using beginning of the year market values, or purchase price if acquired during the year. Unrealized appreciation (depreciation) of investments is calculated as the market value at the end of the year less the market value at the beginning of the year, or purchase price if acquired during the year. BENEFITS PAYABLE. In 1993, the Plan changed its method of accounting for benefits payable to comply with the 1993 AICPA Audit and Accounting Guide, Audits of Employee Benefit Plans. The new guidance requires that benefits payable to persons who have withdrawn from participation in a defined contribution plan be disclosed in footnotes to financial statements rather than be recorded as a liability of the Plan. As of December 31, 1993, net assets available for benefits included benefits of $66,425 due to participants who have withdrawn from participants in the Plan. 5 8 CONSOLIDATED STORES CORPORATION SAVINGS PLAN NOTES TO FINANCIAL STATEMENTS (Continued) TRUST AGREEMENT - - --------------- Under a trust agreement, State Street Bank and Trust Company is responsible for investing the participants' contributions in the funds designated by each participant. In addition, the trustee processes and distributes all distributions from the Plan based on information provided by the Company. Administrative fees due under the trust agreement are paid by the Company. INVESTMENT PROGRAMS - - ------------------- During the years ended December 31, 1993 and 1992, participants could direct their contributions to different funds of the Plan as described below: Money Market Funds - - ------------------ MERRILL LYNCH READY ASSETS TRUST. The Merrill Lynch Ready Assets Trust is a no-load money market fund organized as a Massachusetts business trust seeking preservation of capital, liquidity and the highest possible current income consistent with the foregoing objectives available from investing in a diversified portfolio of short-term money market securities. Portfolio securities principally consist of short-term United States Government securities, Government agency securities, bank money instruments, corporate debt instruments, including commercial paper and variable amount master demand notes, and repurchase and reverse repurchase agreements. In June 1992, this investment alternative was eliminated and replaced by the Merrill Lynch Retirement Preservation Trust. MERRILL LYNCH RETIREMENT PRESERVATION TRUST. The Merrill Lynch Retirement Preservation Trust (the "RP Trust") is a collective trust fund that invests primarily in Investment Contracts (GICs) and United States Government and United States Government Agency securities. The RP Trust invests a lesser portion of the portfolio in high quality, money market instruments. The RP Trusts primary objective is to achieve high current income consistent with preservation of capital and liquidity. Dividends are declared and invested daily. Mutual Funds - - ------------ MERRILL LYNCH BASIC VALUE FUND, INC. The Merrill Lynch Basic Value Fund, Inc. (the "BV Fund") is a diversified, open-end, investment company seeking capital appreciation and, secondarily, income by investing in securities, primarily equities, that management of the BV Fund believes are undervalued and therefore represent basic investment value. The BV Fund seeks special opportunities in securities that are selling at a discount either from book values or historical price-earnings ratios, or seem capable of recovering from temporarily out of favor conditions. Particular emphasis is placed on securities which provide an above average dividend return and sell at below average price-earnings ratio. 6 9 CONSOLIDATED STORES CORPORATION SAVINGS PLAN NOTES TO FINANCIAL STATEMENTS (Continued) INVESTMENT PROGRAMS - CONTINUED - - ------------------------------- Mutual Funds - Continued - - ------------------------ MERRILL LYNCH CAPITAL FUND, INC. The Merrill Lynch Capital Fund, Inc. (the "Capital Fund") seeks to achieve the highest total investment return consistent with prudent risk through a fully managed investment policy utilizing equity, debt and convertible securities. This permits management of the Capital Fund to vary investment policy based on evaluation of changes in economic and market trends. Total investment return is the aggregate of income and capital value changes. Consistent with this policy, the Capital Fund's portfolio may, at any given time, be invested substantially in equity securities, corporate bonds or money market securities. It is the expectation of the Capital Fund's management that, over a longer period, a major portion of the Capital Fund's portfolio will consist of equity securities of larger market capitalization, quality companies. MERRILL LYNCH GLOBAL ALLOCATION FUND, INC. The Merrill Lynch Global Allocation Fund, Inc. (the "Global Fund") is a non-diversified mutual fund seeking high total investment return, consistent with prudent risk, through a fully-managed investment policy utilizing United States and foreign equity, debt, and money market instruments, the combination of which will be varied from time to time both with respect to types of securities and markets in response to changing market and economic trends. Total investment return is the aggregate of capital value changes and income. The Global Fund may employ a variety of instruments and techniques to enhance income and to hedge against market and currency risk. Company Stock Fund - - ------------------ CONSOLIDATED STORES CORPORATION STOCK FUND. Contributions are invested in Common Shares of Consolidated Stores Corporation. All employer matching contributions are made to this fund. TAX STATUS - - ---------- The Plan qualifies for special tax treatment under Sections 401(a), 401(k), and 501(a) of the Internal Revenue Code of 1986, as amended. Qualification under these sections means the Plan is exempt from Federal income tax. Accordingly, no provision for Federal income taxes has been made in the accompanying financial statements. 7 10 CONSOLIDATED STORES CORPORATION SAVINGS PLAN NOTES TO FINANCIAL STATEMENTS (Continued) NET ASSETS AVAILABLE FOR BENEFITS BY INVESTMENT PROGRAM - - --------------------------------------------------------
December 31, 1993 ------------------------------------------------------------------ Loan and Short Term Retirement Number Investment Preservation Basic Value Capital of Shares Fund Trust Fund Fund --------- ---------- ------------- ----------- -------- ASSETS Consolidated Stores Corporation Common Shares 344,152 $ -- $ -- $ -- $ -- Investment in Mutual Funds: Basic Value Fund 63,400 -- -- 1,481,667 -- Capital Fund 10,533 -- -- -- 294,621 Global Allocation Fund 38,017 -- -- -- -- Investment in Money Market Funds -- 2,289,869 -- -- Cash and temporary cash investments 2,636 1 -- -- Contribution receivable from Consolidated Stores Corporation -- -- -- -- Interest receivable 6 -- -- -- Loans receivable 1,023,211 -- -- -- Receivable from nonqualified plan -- 29,862 37,951 22,887 ---------- ---------- ---------- -------- 1,025,853 2,319,732 1,519,618 317,508 LIABILITIES Payable to plan participants -- 4,900 5,417 44 Payable to others -- 8,894 3,835 1,395 ---------- ---------- ---------- -------- -- 13,794 9,252 1,439 ---------- ---------- ---------- -------- NET ASSETS $1,025,853 $2,305,938 $1,510,366 $316,069 ========== ========== ========== ======== December 31, 1992 ------------------------------------------------------------------ ASSETS Consolidated Stores Corporation Common Shares 351,656 $ -- $ -- $ -- $ -- Investment in Mutual Funds: Basic Value Fund 49,377 -- -- 1,004,329 -- Capital Fund 6,172 -- -- -- 162,502 Global Allocation Fund 15,953 -- -- -- -- Investment in Money Market Funds -- 1,922,410 -- -- Cash and temporary cash investments 6,160 -- 7,313 -- Contribution receivable from Consolidated Stores Corporation -- -- -- -- Receivable from related funds -- 20,114 -- 265 ---------- ---------- ---------- -------- 6,160 1,942,524 1,011,642 162,767 LIABILITIES Payable to Plan participants -- 25,163 20,007 340 Payable to nonqualified plan -- -- 2,227 -- Payable to related funds -- -- 73,067 -- ---------- ---------- ---------- -------- -- 25,163 95,301 340 ---------- ---------- ---------- -------- NET ASSETS $ 6,160 $1,917,361 $ 916,341 $162,427 ========== ========== ========== ======== December 31, 1993 ------------------------------------- Global Allocation Company Fund Stock Fund Total ------------ ---------- --------- ASSETS Consolidated Stores Corporation Common Shares $ -- $6,840,014 $6,840,014 Investment in Mutual Funds: Basic Value Fund -- -- 1,481,667 Capital Fund -- -- 294,621 Global Allocation Fund 502,583 -- 502,583 Investment in Money Market Funds -- -- 2,289,869 Cash and temporary cash investments -- 41,497 44,134 Contribution receivable from Consolidated Stores Corporation -- 1,340,569 1,340,569 Interest receivable -- 86 92 Loans receivable -- -- 1,023,211 Receivable from nonqualified plan 32,604 128,583 251,887 ----------- ---------- ----------- 535,187 8,350,749 14,068,647 LIABILITIES Payable to plan participants 1,424 4,079 15,864 Payable to others 1,433 38,335 53,892 ----------- ---------- ----------- 2,857 42,414 69,756 ----------- ---------- ----------- NET ASSETS $ 532,330 $8,308,335 $13,998,891 =========== ========== =========== ASSETS Consolidated Stores Corporation Common Shares $ -- $6,329,808 $ 6,329,808 Investment in Mutual Funds: Basic Value Fund -- -- 1,004,329 Capital Fund -- -- 162,502 Global Allocation Fund 183,935 -- 183,935 Investment in Money Market Funds -- -- 1,922,410 Cash and temporary cash investments -- 19,951 33,424 Contribution receivable from Consolidated Stores Corporation -- 611,406 611,406 Receivable from related funds 16,600 36,088 73,067 ----------- ---------- ----------- 200,535 6,997,253 10,320,881 LIABILITIES Payable to Plan participants 1,452 114,275 161,237 Payable to nonqualified plan -- 2,455 4,682 Payable to related funds -- -- 73,067 ----------- ---------- ----------- 1,452 116,730 238,986 ----------- ---------- ----------- NET ASSETS $199,083 $6,880,523 $10,081,895 =========== ========== ===========
8 11 CONSOLIDATED STORES CORPORATION SAVINGS PLAN NOTES TO FINANCIAL STATEMENTS (Continued) CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS BY INVESTMENT PROGRAM - - ------------------------------------------------------------------
December 31, 1993 ------------------------------------------------- Loan and Short Term Retirement Investment Preservation Basic Value Capital Fund Trust Fund Fund --------- ---------- ----------- -------- INCREASES IN NET ASSETS: Participant contributions $ -- $ 843,444 $ 441,611 $158,147 Company contribution -- -- -- -- Interest 229 143,880 -- -- Dividends -- -- 84,160 18,493 Net appreciation in fair value of investments -- -- 155,572 9,496 Loan repayments, including interest 116,608 -- -- -- ---------- ---------- ---------- -------- TOTAL INCREASES 116,837 987,324 681,343 186,136 DECREASES IN NET ASSETS: Distributions to Plan participants -- 183,843 29,848 1,262 Loan distributions 109,612 -- -- -- Interfund transfers - net (1,012,468) 414,904 57,470 31,232 ---------- ---------- ---------- -------- TOTAL DECREASES (902,856) 598,747 87,318 32,494 ---------- ---------- ---------- -------- NET INCREASE (DECREASE) IN NET ASSETS 1,019,693 388,577 594,025 153,642 NET ASSETS - Beginning of year 6,160 1,917,361 916,341 162,427 ---------- ---------- ---------- -------- NET ASSETS - End of year $1,025,853 $2,305,938 $1,510,366 $316,069 ========== ========== ========== ======== December 31, 1993 -------------------------------------------- Global Allocation Company Fund Stock Fund Total ----------- ------------ ------------ INCREASES IN NET ASSETS: Participant contributions $ 209,697 $ 900,149 $ 2,553,048 Company contribution 1,315,094 1,315,094 Interest 42,772 186,881 Dividends 23,098 -- 125,751 Net appreciation in fair value of investments 34,263 642,558 841,889 Loan repayments, including interest -- -- 116,608 ----------- ------------ ------------ TOTAL INCREASES 267,058 2,900,573 5,139,271 DECREASES IN NET ASSETS: Distributions to Plan participants 33,814 863,896 1,112,663 Loan distributions -- -- 109,612 Interfund transfers - net (100,003) 608,865 -- ------------ ---------- ---------- TOTAL DECREASES (66,189) 1,472,761 1,222,275 ------------ ---------- ----------- NET INCREASE (DECREASE) IN NET ASSETS 333,247 1,427,812 3,916,996 NET ASSETS - Beginning of year 199,083 6,880,523 10,081,895 ----------- ------------ ------------ NET ASSETS - End of year $ 532,330 $ 8,308,335 $ 13,998,891 =========== ============ ============
12 CONSOLIDATED STORES CORPORATION SAVINGS PLAN SCHEDULE OF ASSETS HELD FOR INVESTMENT DECEMBER 31, 1993
Purchase Cost Market Value No. of ----------------------- ----------------------- Security Description Shares/Units Share/Unit Total Share/Unit Total -------------------------- -------------- ------------ ------- ------------ ------- COMPANY STOCK FUND - - ------------------ Consolidated Stores Corporation Common Shares 344,152.000 $ 17.936 $ 6,172,556 $ 19.875 $ 6,840,014 MUTUAL FUNDS - - ------------ Merrill Lynch Basic Value Fund 63,400.369 21.324 1,351,932 23.370 1,481,667 Merrill Lynch Global Allocation Fund 38,016.943 12.379 470,628 13.220 502,583 Merrill Lynch Capital Fund 10,533.453 27.279 287,350 27.970 294,621 MONEY MARKET FUNDS - - ------------------ Merrill Lynch Retirement Preservation Trust 2,289,869.000 1.000 2,289,869 1.000 2,289,869
10 13 CONSOLIDATED STORES CORPORATION SAVINGS PLAN SCHEDULE OF REPORTABLE TRANSACTIONS IN EXCESS OF FIVE PERCENT OF CURRENT VALUE OF PLAN ASSETS YEAR ENDED DECEMBER 31, 1993
No. of Type/No. of Shares or Purchase Gain Security Description Transactions Units Cost Proceeds (Loss) -------------------------- -------------- ----------- ---------- ---------- -------- COMPANY STOCK FUND - - ------------------ Consolidated Stores Corporation Common Shares Sale/80 79,889 $ 1,438,079 $ 1,413,178 $ (24,901) Consolidated Stores Corporation Common Shares Purchase/78 72,385 1,280,827 -- -- MUTUAL FUNDS - - ------------ Merrill Lynch Basic Value Fund Sale/57 12,018 248,956 274,793 25,837 Merrill Lynch Basic Value Fund Purchase/92 26,041 596,559 -- -- Merrill Lynch Global Allocation Fund Sale/45 2,410 28,914 31,221 2,307 Merrill Lynch Global Allocation Fund Purchase/82 24,474 315,607 -- -- Merrill Lynch Capital Fund Sale/29 3,369 90,734 92,959 2,225 Merrill Lynch Capital Fund Purchase/79 7,730 215,581 -- -- MONEY MARKET FUNDS - - ------------------ Merrill Lynch Retirement Preservation Sale/74 466,638 466,638 466,638 -- Merrill Lynch Retirement Preservation Purchase/87 834,096 834,096 -- --
11 14 SIGNATURES ---------- Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant and the administrators of the Plan have duly caused this amendment to its annual report on Form 10-K to be signed on its behalf by the undersigned hereunto duly authorized. CONSOLIDATED STORES CORPORATION By: /s/ William G. Kelley ------------------------------ William G. Kelley, Chairman and Chief Executive Officer By: /s/ Michael J. Potter ------------------------------ Michael J. Potter, Senior Vice President, Chief Financial Officer and Principal Accounting Officer CONSOLIDATED STORES CORPORATION SAVINGS PLAN By: /s/ M. Steven Bromet ------------------------------ M. Steven Bromet, Senior Vice President Information Services and Human Resources Dated: June 22, 1994 13 EX-23 2 EXHIBIT 23 1 INDEPENDENT AUDITORS' CONSENT ----------------------------- We consent to the incorporation by reference in (i) Registration Statement No. 33-42502 on Form S-8 pertaining to Consolidated Stores Corporation Director Stock Option Plan (ii) Registration Statement No. 33-42692 on Form S-8 pertaining to Consolidated Stores Corporation Supplemental Savings Plan (iii) Post Effective Amendment No. 2 to Registration Statement No. 33-6068 on Form S-8 pertaining to Consolidated Stores Corporation Executive Stock Option and Stock Appreciation Rights Plan (iv) Post Effective Amendment No. 1 to Registration Statement No. 33-19378 on Form S-8 pertaining to Consolidated Stores Corporation 1987 Restricted Stock Plan and (v) Post Effective Amendment No. 1 to Registration Statement No. 33-19309 on Form S-8 pertaining to Consolidated Stores Corporation Savings Plan of our report dated June 22, 1994, accompanying the financial statements of the Consolidated Stores Corporation Savings Plan on Form 10K/A Amendment No. 1 to the Annual Report on Form 10-K of Consolidated Stores Corporation for the fiscal year ended January 29, 1994. DELOITTE & TOUCHE Dayton, Ohio June 22, 1994 12 -----END PRIVACY-ENHANCED MESSAGE-----