-----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, ADHwyneYeohZq0peY9bg1yRGCSp3FGO67axbfEWSZNJiOPATFK7QH0J6S4dGrZjB 6qG76T73Ruc9cJweSUYDAg== 0000908836-98-000007.txt : 19980302 0000908836-98-000007.hdr.sgml : 19980302 ACCESSION NUMBER: 0000908836-98-000007 CONFORMED SUBMISSION TYPE: NSAR-B PUBLIC DOCUMENT COUNT: 5 CONFORMED PERIOD OF REPORT: 19971231 FILED AS OF DATE: 19980227 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: COLUMBIA SPECIAL FUND INC CENTRAL INDEX KEY: 0000773599 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: OR FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NSAR-B SEC ACT: SEC FILE NUMBER: 811-04362 FILM NUMBER: 98552371 BUSINESS ADDRESS: STREET 1: 1300 SW SIXTH AVE STREET 2: P O BOX 1350 CITY: PORTLAND STATE: OR ZIP: 97207 BUSINESS PHONE: 5032223600 MAIL ADDRESS: STREET 1: 1300 SW SIXTH AVE STREET 2: P O BOX 1350 CITY: PORTLAND STATE: OR ZIP: 92707 NSAR-B 1 N-SAR (3.0.A) PAGE 1 000 B000000 12/31/97 000 C000000 773599 000 D000000 N 000 E000000 NF 000 F000000 Y 000 G000000 N 000 H000000 N 000 I000000 3.0.a 000 J000000 U 001 A000000 COLUMBIA SPECIAL FUND, INC. 001 B000000 811-4362 001 C000000 5032223600 002 A000000 1301 SW FIFTH AVENUE 002 B000000 PORTLAND 002 C000000 OR 002 D010000 97201 003 000000 N 004 000000 N 005 000000 N 006 000000 N 007 A000000 N 007 B000000 0 011 A000001 PROVIDENT DISTRIBUTORS, INC. 011 B000001 8-46564 011 C010001 WEST CONSHOHOCKEN 011 C020001 PA 011 C030001 19428 011 C040001 2961 015 A000001 U.S. BANK NATIONAL ASSOCIATION 015 B000001 C 015 C010001 PORTLAND 015 C020001 OR 015 C030001 97201 015 E010001 X 020 A000001 MONTGOMERY SECURITIES 020 B000001 941701676 020 C000001 598 020 A000002 GOLDMAN, SACHS & CO. 020 B000002 135108880 020 C000002 527 020 A000003 FIRST BOSTON CORP 020 B000003 135659485 020 C000003 433 020 A000004 MORGAN STANLEY & CO. 020 B000004 132655998 020 C000004 431 020 A000005 LEHMAN BROTHERS 020 B000005 132518466 020 C000005 381 020 A000006 MORGAN (JP) SECURITIES 020 B000006 133224016 PAGE 2 020 C000006 368 020 A000007 BEAR STEARNS & CO. 020 B000007 133299429 020 C000007 303 020 A000008 WEEDEN & CO. 020 B000008 133364318 020 C000008 248 020 A000009 DONALDSON, LUFKIN & JENRETTE 020 B000009 132741729 020 C000009 244 020 A000010 MERRILL LYNCH, PIERCE, FENNER 020 B000010 135674085 020 C000010 236 021 000000 6141 022 A000001 GOLDMAN, SACHS & CO., INC. 022 B000001 135108880 022 C000001 216686 022 D000001 171061 022 A000002 MERRILL LYNCH, PIERCE 022 B000002 135674085 022 C000002 70368 022 D000002 98436 022 A000003 MORGAN STANLEY & CO. 022 B000003 132655998 022 C000003 32398 022 D000003 107871 022 A000004 SMITH BARNEY SHEARSON 022 B000004 131912900 022 C000004 45830 022 D000004 18425 022 A000005 MORGAN (JP) SECURITIES 022 B000005 133224016 022 C000005 20729 022 D000005 39421 022 A000006 HERZOG HEINE GEDULD, INC. 022 B000006 131955436 022 C000006 16586 022 D000006 41758 022 A000007 FIRST BOSTON CORP. 022 B000007 135659485 022 C000007 19006 022 D000007 36779 022 A000008 MONTGOMERY SECURITIES 022 B000008 941701676 022 C000008 23444 022 D000008 19567 022 A000009 BEAR STEARNS & CO. 022 B000009 133299429 022 C000009 15990 022 D000009 26860 022 A000010 WESSELS ARNOLD & HENDERS PAGE 3 022 B000010 411554568 022 C000010 23640 022 D000010 16064 023 C000000 710006 023 D000000 812723 024 000000 N 028 A010000 42852 028 A020000 0 028 A030000 0 028 A040000 56734 028 B010000 26448 028 B020000 0 028 B030000 0 028 B040000 50107 028 C010000 17530 028 C020000 0 028 C030000 0 028 C040000 32460 028 D010000 36148 028 D020000 0 028 D030000 0 028 D040000 66504 028 E010000 30484 028 E020000 0 028 E030000 0 028 E040000 107772 028 F010000 30605 028 F020000 117247 028 F030000 0 028 F040000 156332 028 G010000 184067 028 G020000 117247 028 G030000 0 028 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A020000 0.0000 073 B000000 2.1000 073 C000000 0.0000 074 A000000 0 074 B000000 92624 074 C000000 0 074 D000000 0 PAGE 5 074 E000000 0 074 F000000 1218585 074 G000000 0 074 H000000 0 074 I000000 0 074 J000000 141 074 K000000 0 074 L000000 2952 074 M000000 0 074 N000000 1314302 074 O000000 2906 074 P000000 955 074 Q000000 0 074 R010000 0 074 R020000 0 074 R030000 0 074 R040000 60723 074 S000000 0 074 T000000 1249718 074 U010000 61672 074 U020000 0 074 V010000 20.26 074 V020000 0.00 074 W000000 0.0000 074 X000000 48047 074 Y000000 0 075 A000000 0 075 B000000 1469488 076 000000 0.00 077 A000000 Y 077 B000000 Y 077 C000000 Y 077 H000000 Y 077 Q010000 Y 078 000000 N 080 A000000 ICI MUTUAL INSURANCE CO. 080 C000000 15000 081 A000000 Y 081 B000000 14 082 A000000 Y 082 B000000 100 083 A000000 N 083 B000000 0 084 A000000 N 084 B000000 0 085 A000000 Y 085 B000000 N SIGNATURE J. JERRY INSKEEP, JR. TITLE PRESIDENT EX-27 2
6 THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE AUDITED ANNUAL REPORT OF THE COLUMBIA FUNDS DATED DECEMBER 31, 1997, AND THE AUDITED ANNUAL REPORT OF THE COLUMBIA FUNDS DATED DECEMBER 31, 1996, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. 0000773599 COLUMBIA SPECIAL FUND, INC. YEAR DEC-31-1997 JAN-01-1997 DEC-31-1997 1,080,385,133 1,218,584,838 3,093,231 0 92,623,788 1,314,301,857 2,906,000 0 61,678,060 64,584,060 0 1,111,970,053 61,671,768 79,861,296 360,073 0 (812,034) 0 138,199,705 1,249,717,797 9,434,285 5,470,977 0 14,373,489 531,773 122,678,842 49,916,627 173,127,242 0 0 122,832,999 0 17,301,738 41,278,382 5,787,116 (335,566,417) 0 (829,577) 0 0 12,373,140 0 14,373,489 1,469,487,969 19.85 .01 2.50 0 2.10 0 20.26 .98 0 0

EX-99 3 REPORT OF INDEPENDENT ACCOUNTANTS To the Shareholders and Board of Directors of Columbia Special Fund, Inc.: In planning and performing our audit of the financial statements of Columbia Special Fund, Inc. for the year ended December 31, 1997, we considered its internal control, including controls over safeguarding securities, in order to determine our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-SAR, not to provide assurance on internal control. The management of Columbia Special Fund, Inc. is responsible for establishing and maintaining internal control. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. Generally, controls that are relevant to an audit pertain to the entity's objective of preparing financial statements for external purposes that are fairly presented in conformity with generally accepted accounting principles. Those controls include the safeguarding of assets against unauthorized acquisition, use, or disposition. Because of inherent limitations in internal control, errors or irregularities may occur and may not be detected. Also, projection of any evaluation of internal control to future periods is subject to the risk that it may become inadequate because of changes in conditions or that the effectiveness of the design and operation may deteriorate. Our consideration of internal control would not necessarily disclose all matters in internal control that might be material weaknesses under standards established by the American Institute of Certified Public Accountants. A material weakness is a condition in which the design or operation of any specific internal control component does not reduce to a relatively low level the risk that errors or irregularities in amounts that would be material in relation to the financial statements being audited may occur and not be detected within a timely period by employees in the normal course of performing their assigned functions. However, we noted no matters involving internal control, including controls over safeguarding securities, that we consider to be material weaknesses as defined above as of December 31, 1997. This report is intended solely for the information and use of management and the Securities and Exchange Commission. COOPERS & LYBRAND L.L.P. Portland, Oregon February 12, 1998 EX-99 4 EXHIBIT 77.C COLUMBIA SPECIAL FUND, INC. 77.C MATTERS SUBMITTED TO A VOTE OF SECURITY HOLDERS (a) Meeting Date: 12/04/97 This was a special meeting. (c) Matters voted upon at the meeting with the number of affirmative votes and the number of negative votes cast with respect to a new investment advisory contract caused by the change in control of the Advisor resulting from the acquisition of the Advisor by Fleet Financial Group, Inc. Approval of Investment Advisory Contract Affirmative Votes: 35,764,587 Negative Votes: 603,044 Abstentions: 1,097,275 Page 4 of 5 EX-99 5 EXHIBIT 77.H 77.H CHANGES IN CONTROL OF REGISTRANT (a) Columbia Funds Management Company ("CFMC"), as the investment adviser to the Registrant, may be deemed to have control of the Registrant. On December 10, 1997, CFMC became an indirect wholly-owned subsidiary of Fleet Financial Group, Inc., a publicly owned multibank holding company registered under the Bank Holding Company Act of 1956. Page 5 of 5 ~~-----END PRIVACY-ENHANCED MESSAGE-----~~