UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT
INVESTMENT COMPANY
Investment Company Act file number 811-1674
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IDS Life Variable Annuity Fund B (Individual and Group)
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(Exact name of registrant as specified in charter)
50606 AXP Financial Center, Minneapolis, Minnesota 55474
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(Address of principal executive offices) (Zip code)
Mary Ellyn Minenko - 50607 AXP Financial Center, Minneapolis, MN 55474
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(Name and address of agent for service)
Registrant's telephone number, including area code: (612) 671-3678
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Date of fiscal year end: 12/31
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Date of reporting period:7/1/04-9/10/04
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The assets of IDS Life Variable Annuity Fund B were transferred to AXP Variable
Portfolio - Core Equity Fund, a series of AXP Variable Portfolio - Select
Series, Inc., on Sept. 10, 2004. The following proxy voting record is for the
period from July 1, 2004 through Sept. 10, 2004.
******************************* FORM N-Px REPORT *******************************
ICA File Number: 811-01674
Reporting Period: 07/01/2004 - 09/10/2004
IDS Life Variable Annuity Fund B
======================= IDS LIFE VARIABLE ANNUITY FUND B =======================
COUNTRYWIDE FINANCIAL CORP.
Ticker: CFC Security ID: 222372104
Meeting Date: 08/17/2004 Meeting Type: Special
Record Date: 07/09/2004
# Proposal Mgt Rec Vote Cast Sponsor
1 Increase Authorized Common Stock For For Mgmt
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DELL INC.
Ticker: DELL Security ID: 24702R101
Meeting Date: 07/16/2004 Meeting Type: Annual
Record Date: 05/21/2004
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Donald J. Carty For For Mgmt
1.2 Elect Director Michael S. Dell For For Mgmt
1.3 Elect Director William H. Gray, III For For Mgmt
1.4 Elect Director Judy C. Lewent For For Mgmt
1.5 Elect Director Thomas W. Luce, III For For Mgmt
1.6 Elect Director Klaus S. Luft For For Mgmt
1.7 Elect Director Alex J. Mandl For For Mgmt
1.8 Elect Director Michael A. Miles For For Mgmt
1.9 Elect Director Samuel A. Nunn, Jr. For For Mgmt
1.10 Elect Director Kevin B. Rollins For For Mgmt
2 Ratify Auditors For For Mgmt
3 Expense Stock Options Against For ShrHoldr
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FISHER SCIENTIFIC INTERNATIONAL INC.
Ticker: FSH Security ID: 338032204
Meeting Date: 07/12/2004 Meeting Type: Annual
Record Date: 05/14/2004
# Proposal Mgt Rec Vote Cast Sponsor
1 Issue Shares in Connection with an For For Mgmt
Acquisition For For Mgmt
2.1 Elect Director Michael D. Dingman For For Mgmt
2.2 Elect Director Charles A. Sanders M.D. For For Mgmt
3 Ratify Auditors For For Mgmt
4 Adjourn Meeting
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FOREST LABORATORIES, INC.
Ticker: FRX Security ID: 345838106
Meeting Date: 08/11/2004 Meeting Type: Annual
Record Date: 06/21/2004
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Howard Solomon For For Mgmt
1.2 Elect Director William J. Candee, III For For Mgmt
1.3 Elect Director George S. Cohan For For Mgmt
1.4 Elect Director Dan L. Goldwasser For For Mgmt
1.5 Elect Director Lester B. Salans For For Mgmt
1.6 Elect Director Kenneth E. Goodman For For Mgmt
1.7 Elect Director Phillip M. Satow For Withhold Mgmt
2 Increase Authorized Common Stock For For Mgmt
3 Approve Stock Option Plan For For Mgmt
4 Ratify Auditors For For Mgmt
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GENERAL MILLS, INC.
Ticker: GIS Security ID: 370334104
Meeting Date: 09/27/2004 Meeting Type: Annual
Record Date: 07/29/2004
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Stephen R. Demeritt For For Mgmt
1.2 Elect Director Livio D. Desimone For For Mgmt
1.3 Elect Director William T. Esrey For For Mgmt
1.4 Elect Director Raymond V. Gilmartin For For Mgmt
1.5 Elect Director Judith R. Hope For For Mgmt
1.6 Elect Director Robert L. Johnson For For Mgmt
1.7 Elect Director Heidi G. Miller For For Mgmt
1.8 Elect Director H. Ochoa-Brillembourg For For Mgmt
1.9 Elect Director Michael D. Rose For For Mgmt
1.10 Elect Director Stephen W. Sanger For For Mgmt
1.11 Elect Director A. Michael Spence For For Mgmt
1.12 Elect Director Dorothy A. Terrell For For Mgmt
2 Ratify Auditors For For Mgmt
3 Establish Range For Board Size For For Mgmt
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H. J. HEINZ CO.
Ticker: HNZ Security ID: 423074103
Meeting Date: 09/08/2004 Meeting Type: Annual
Record Date: 06/03/2004
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director William R. Johnson For For Mgmt
1.2 Elect Director Charles E. Bunch For For Mgmt
1.3 Elect Director Mary C. Choksi For For Mgmt
1.4 Elect Director Leonard S. Coleman, Jr. For For Mgmt
1.5 Elect Director Peter H. Coors For For Mgmt
1.6 Elect Director Edith E. Holiday For For Mgmt
1.7 Elect Director Candace Kendle For For Mgmt
1.8 Elect Director Dean R. O'Hare For For Mgmt
1.9 Elect Director Lynn C. Swann For For Mgmt
1.10 Elect Director Thomas J. Usher For For Mgmt
1.11 Elect Director James M. Zimmerman For For Mgmt
2 Ratify Auditors For For Mgmt
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MCKESSON CORP.
Ticker: MCK Security ID: 58155Q103
Meeting Date: 07/28/2004 Meeting Type: Annual
Record Date: 06/01/2004
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director John H. Hammergren For For Mgmt
1.2 Elect Director Robert W. Matschullat For For Mgmt
1.3 Elect Director M. Christine Jacobs For For Mgmt
2 Ratify Auditors For For Mgmt
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MEDTRONIC, INC.
Ticker: MDT Security ID: 585055106
Meeting Date: 08/26/2004 Meeting Type: Annual
Record Date: 07/02/2004
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director William R. Brody,
M.D., Ph.D. For For Mgmt
1.2 Elect Director Arthur D. Collins, Jr. For For Mgmt
1.3 Elect Director Antonio M. Gotto, Jr.,
M.D., D. Phil. For For Mgmt
2 Ratify Auditors For For Mgmt
3 Charitable Contributions Against Against ShrHoldr
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MICROSOFT CORP.
Ticker: MSFT Security ID: 594918104
Meeting Date: 11/09/2004 Meeting Type: Annual
Record Date: 09/10/2004
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director William H. Gates III For For Mgmt
1.2 Elect Director Steven A. Ballmer For For Mgmt
1.3 Elect Director James I. Cash Jr., Ph.D. For For Mgmt
1.4 Elect Director Raymond V. Gilmartin For For Mgmt
1.5 Elect Director Ann McLaughlin Korologos For For Mgmt
1.6 Elect Director David F. Marquardt For For Mgmt
1.7 Elect Director Charles H. Noski For For Mgmt
1.8 Elect Director Dr. Helmut Panke For For Mgmt
1.9 Elect Director Jon A. Shirley For For Mgmt
2 Amend Bundled Compensation Plans For For Mgmt
3 Amend Bundled Compensation Plans For For Mgmt
4 Amend Stock Option Plan For For Mgmt
5 Ratify Auditors For For Mgmt
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ORACLE CORP.
Ticker: ORCL Security ID: 68389X105
Meeting Date: 10/29/2004 Meeting Type: Annual
Record Date: 09/02/2004
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Jeffrey O. Henley For For Mgmt
1.2 Elect Director Lawrence J. Ellison For For Mgmt
1.3 Elect Director Donald L. Lucas For For Mgmt
1.4 Elect Director Michael J. Boskin For For Mgmt
1.5 Elect Director Jack F. Kemp For For Mgmt
1.6 Elect Director Jeffrey S. Berg For For Mgmt
1.7 Elect Director Safra Catz For For Mgmt
1.8 Elect Director Hector Garcia-Molina For For Mgmt
1.9 Elect Director Joseph A. Grundfest For For Mgmt
1.10 Elect Director H. Raymond Bingham For For Mgmt
1.11 Elect Director Charles E. Phillips, Jr. For For Mgmt
2 Approve Executive Incentive Bonus Plan For For Mgmt
3 Ratify Auditors For For Mgmt
4 Amend Omnibus Stock Plan For For Mgmt
5 Implement China Principles Against Against ShrHoldr
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THE PROCTER & GAMBLE COMPANY
Ticker: PG Security ID: 742718109
Meeting Date: 10/12/2004 Meeting Type: Annual
Record Date: 07/30/2004
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director R. Kerry Clark For For Mgmt
1.2 Elect Director Joseph T. Gorman For For Mgmt
1.3 Elect Director Lynn M. Martin For For Mgmt
1.4 Elect Director Ralph Snyderman, M.D. For For Mgmt
1.5 Elect Director Robert D. Storey For For Mgmt
2 Ratify Auditors For For Mgmt
3 Increase Authorized Common Stock For For Mgmt
4 Declassify the Board of Directors Against For Mgmt
5 Implement/ Report on Animal Welfare
Standards Against Against ShrHoldr
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THE ST. PAUL TRAVELERS COMPANIES, INC.
Ticker: STA Security ID: 792860108
Meeting Date: 07/28/2004 Meeting Type: Annual
Record Date: 06/04/2004
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Howard P. Berkowitz For For Mgmt
1.2 Elect Director Kenneth J. Bialkin For For Mgmt
1.3 Elect Director Carolyn H. Byrd For For Mgmt
1.4 Elect Director John H. Dasburg For For Mgmt
1.5 Elect Director Leslie B. Disharoon For For Mgmt
1.6 Elect Director Janet M. Dolan For For Mgmt
1.7 Elect Director Kenneth M. Duberstein For For Mgmt
1.8 Elect Director Jay S. Fishman For For Mgmt
1.9 Elect Director Lawrence G. Graev For For Mgmt
1.10 Elect Director Meryl D. Hartzband For For Mgmt
1.11 Elect Director Thomas R. Hodgson For For Mgmt
1.12 Elect Director William H. Kling For For Mgmt
1.13 Elect Director James A. Lawrence For For Mgmt
1.14 Elect Director Robert I. Lipp For For Mgmt
1.15 Elect Director Blythe J. McGarvie For For Mgmt
1.16 Elect Director Glen D. Nelson, M.D. For For Mgmt
1.17 Elect Director Clarence Otis, Jr. For For Mgmt
1.18 Elect Director Jeffrey M. Peek For For Mgmt
1.19 Elect Director Nancy A. Roseman For For Mgmt
1.20 Elect Director Charles W. Scharf For For Mgmt
1.21 Elect Director Gordon M. Sprenger For For Mgmt
1.22 Elect Director Frank J. Tasco For For Mgmt
1.23 Elect Director Laurie J. Thomsen For For Mgmt
2 Ratify Auditors For For Mgmt
3 Approve Omnibus Stock Plan For Against Mgmt
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VODAFONE GROUP PLC
Ticker: VOD Security ID: 92857W100
Meeting Date: 07/27/2004 Meeting Type: Annual
Record Date: 06/11/2004
# Proposal Mgt Rec Vote Cast Sponsor
1 TO RECEIVE THE REPORT OF THE DIRECTORS
AND FINANCIAL STATEMENTS For For Mgmt
2 TO APPROVE THE REMUNERATION REPORT For For Mgmt
3 TO RE-ELECT PETER BAMFORD AS A DIRECTOR For For Mgmt
4 TO RE-ELECT JULIAN HORN-SMITH AS A
DIRECTOR For For Mgmt
5 TO RE-ELECT SIR DAVID SCHOLEY AS A
DIRECTOR (MEMBER OF THE NOMINATIONS AND
GOVERNANCE AND AUDIT COMMITTEE) For For Mgmt
6 TO ELECT LUC VANDEVELDE AS A DIRECTOR
(MEMBER OF THE REMUNERATION COMMITTEE) For For Mgmt
7 TO APPROVE A FINAL DIVIDEND OF 1.07800
PENCE PER ORDINARY SHARE For For Mgmt
8 Ratify Auditors For For Mgmt
9 TO AUTHORIZE THE AUDIT COMMITTEE TO
DETERMINE THE AUDITORS REMUNERATION For For Mgmt
10 TO AUTHORIZE DONATIONS UNDER THE
POLITICAL PARTIES, ELECTIONS AND
REFERENDUMS ACT 2000 For For Mgmt
11 TO RENEW AUTHORITY TO ALLOT SHARES
UNDER ARTICLE 16.2 OF THE COMPANY S
ARTICLES OF ASSOCIATION For For Mgmt
12 TO RENEW AUTHORITY TO DISAPPLY
PRE-EMPTION RIGHTS UNDER ARTICLE 16.3 OF
THE COMPANY S ARTICLES OF ASSOCIATION+ For For Mgmt
13 TO AUTHORIZE THE COMPANY S PURCHASE OF
ITS OWN SHARES+ For For Mgmt
14 TO AUTHORIZE THE COMPANY S PURCHASE OF
ITS OWN SHARES PURSUANT TO CONTINGENT
PURCHASE CONTRACTS AND OFF-MARKET
PURCHASES+ For For Mgmt
SIGNATURES
Pursuant to the requirements of the Investment Company Act of 1940, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
(Registrant) IDS Life Variable Annuity Fund B
(Individual and Group)
By (Signature and Title)* /s/ Timothy V. Bechtold
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Timothy V. Bechtold
President and Chief Executive Officer
Date December 17, 2004
* Print the name and title of each signing officer under his or her signature.