SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 11-K
(Mark One)
[X] ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF
1934
For the Fiscal Year Ended December 31, 2001
OR
[ ] TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the transition period from ________ to ___________
Commission File Number 1-8014
A. Full title of the plan and the address of the plan, if different from that
of the issuer named below:
MOORE NORTH AMERICA, INC. SAVINGS PLAN
B. Name of issuer of the securities held pursuant to the plan and the
address of its principal executive office:
Moore Corporation Limited
c/o Moore Executive Offices
One Canterbury Green
Stamford, Connecticut 06901
REQUIRED INFORMATION
Attached hereto are the Moore North America, Inc. Savings Plan audited financial
statements and supplemental schedules for the fiscal year ended December 31,
2001. All other schedules required by the Department of Labor's Rules and
Regulations for Reporting and Disclosure under the Employee Retirement Income
Security Act of 1974 have been omitted because the conditions under which they
are required are not present.
MOORE NORTH AMERICA, INC. SAVINGS PLAN
Index to Financial Statements and Supplemental Schedule
December 31, 2001 and 2000
- --------------------------------------------------------------------------------
PAGE(S)
Reports of Independent Accountants 1-2
Financial Statements:
Statements of Net Assets Available for Benefits,
December 31, 2001 and 2000 3
Statements of Changes in Net Assets Available for Benefits
for the years ended December 31, 2001 and 2000 4
Notes to the Financial Statements 5-12
Supplemental Schedule:
Schedule H: Line 4i - Assets Held for Investment Purposes,
December 31, 2001 13
Note: All other schedules required by the Department of Labor's Rules and
Regulations for Reporting and Disclosure under the Employee Retirement
Income Security Act of 1974 have been omitted because the conditions
under which they are required are not present.
REPORT OF INDEPENDENT ACCOUNTANTS
To the Participants and Administrator of the
Moore North America, Inc. Savings Plan:
We have audited the accompanying statement of net assets available for benefits
of Moore North America, Inc. Savings Plan as of December 31, 2001, and the
related statement of changes in net assets available for benefits for the years
then ended. 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 audit.
We conducted our audit in accordance with auditing standards generally accepted
in the United States of America. 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 audit provides 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,
2001 and the changes in net assets available for benefits for the year then
ended in conformity with accounting principles generally accepted in the United
States of America.
Our audit was 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, 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.
Such supplemental schedule has been subjected to the auditing procedures applied
in our audit of the basic financial statements and, in our opinion, is fairly
stated in all material respects when considered in relation to the basic
financial statements taken as a whole.
Deloitte & Touche LLP
Stamford, Connecticut
June 28, 2002
-1-
REPORT OF INDEPENDENT ACCOUNTANTS
To the Participants and Administrator of the
Moore North America, Inc. 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 Moore North America, Inc. Savings Plan (the "Plan") at December 31, 2000,
and the changes in net assets available for benefits for the year 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 audit. We conducted our audit 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
audit provides a reasonable basis for our opinion.
PricewaterhouseCoopers LLP
Chicago, Illinois
June 22, 2001
-2-
MOORE NORTH AMERICA, INC. SAVINGS PLAN
Statements of Net Assets Available for Benefits
December 31, 2001 and 2000
- --------------------------------------------------------------------------------
2001 2000
---- ----
ASSETS
Cash $ 437,488 $ 35,930
Plan investments at fair value (Notes 2, 3 and 5) 402,908,728 387,467,530
Guaranteed investment contracts at contract value (Note 4) - 21,504,742
Participant loans 7,559,073 7,505,590
------------ ------------
Total investments 410,905,289 416,513,792
------------ ------------
Receivables:
Interest and dividends 121,288 8,730
Employer contributions 108,980 1,029,675
Participant contributions 295,052 -
Securities Sold 685,370 438,724
------------ ------------
Total receivables 1,210,690 1,477,129
------------ ------------
Total assets 412,115,979 417,990,921
------------ ------------
LIABILITIES
Securities purchased 670,949 438,724
------------ ------------
Total liabilities 670,949 438,724
------------ ------------
Net assets available for benefits $411,445,030 $417,552,197
============ ============
The accompanying notes are an integral part of these financial statements.
-3-
MOORE NORTH AMERICA, INC. SAVINGS PLAN
Statements of Changes in Net Assets Available for Benefits
For the Years Ended December 31, 2001 and 2000
- --------------------------------------------------------------------------------
ADDITIONS 2001 2000
---- ----
Investment income:
Interest and dividend income $ 7,006,745 $ 2,427,524
Net appreciation (depreciation) in fair value of investments 13,828,998 (19,984,610)
------------- -------------
Total investment income (loss) 20,835,743 (17,557,086)
--------------- -------------
Contributions:
Employer 6,415,947 4,546,802
Participant 24,993,746 27,490,613
------------- -------------
Total contributions 31,409,693 32,037,415
------------- -------------
Total additions 52,245,436 14,480,329
============= =============
DEDUCTIONS
Benefits paid to participants 57,508,895 53,012,247
Trustee and investment management fees 52,681 2,148,388
Recordkeeper fees 339,806 697,616
Other administrative expenses 451,221 85,156
------------- -------------
Total deductions 58,352,603 55,943,407
------------- -------------
Net decrease (6,107,167) (41,463,078)
Net assets available for benefits, beginning of year 417,552,197 459,015,275
------------- -------------
Net assets available for benefits, end of year $ 411,445,030 $ 417,552,197
============= =============
The accompanying notes are an integral part of these financial statements.
-4-
MOORE NORTH AMERICA, INC. SAVINGS PLAN
Notes to the Financial Statements
- --------------------------------------------------------------------------------
1. DESCRIPTION OF PLAN
The following brief description of the Moore North America, Inc. Savings
Plan (the "Plan") provides only general information. For more complete
information, participants should refer to the Plan document.
GENERAL
The Plan is a defined contribution plan covering substantially all
employees of Moore North America, Inc. (the "Company") and is subject to
the provisions of the Employee Retirement Income Security Act of 1974
("ERISA"). The Plan is administered by a committee appointed by the Board
of Directors of the Company's parent, Moore Corporation Limited. Effective
April 1, 2001, the assets of the Plan were transferred to and maintained by
the Charles Schwab Trust Company (the "Trustee"). Prior to this, the assets
of the Plan were maintained by The Frank Russell Trust Company (the "Former
Trustee").
PARTICIPATION
Prior to December 1, 2000, in order to become a Plan member
("participant"), an employee must have attained age 21 and have completed
at least 90 days of service, as defined by the Plan document. Effective
December 1, 2000, the Plan was amended to eliminate the 90 day service
requirement.
CONTRIBUTIONS AND BENEFITS
Participants of the Plan are entitled to make tax deferred contributions to
the Plan equal to a full percentage between 1% and 15% of the participant's
annual compensation subject to Internal Revenue Code limitations. Effective
January 1, 2001, the Company makes basic employer matching contributions in
an amount equal to 50% of a participant's tax deferred contributions up to
a maximum of 6% of the participant's annual compensation after the
participant completes one year of eligible service. Prior to this, the
Company match was 25% of a participant's tax deferred contributions up to a
maximum of 5% of the participant's annual compensation. Additionally prior
to January 1, 2001, a supplemental employer matching contribution was
determined based on the Company achieving certain financial targets
determined by the Board of Directors of the Company's parent. These
supplemental employer matching contributions could not exceed 50% of a
participant's tax deferred contributions limited to a maximum of 5% of the
participant's annual compensation. Effective January 1, 2001, the Company
discontinued the supplemental employer matching contribution.
Participants may also contribute amounts distributed from other qualified
defined benefit or defined contribution plans.
Participants of the Plan can change investment and contribution allocations
on a daily basis. Employer matching contributions are invested according to
the contribution allocation of a participant's tax deferred contributions.
See the various investment fund options mentioned below.
-5-
MOORE NORTH AMERICA, INC. SAVINGS PLAN
Notes to the Financial Statements, Continued
- --------------------------------------------------------------------------------
VESTING
Participants are immediately vested in the value of their accounts and the
earnings thereon. Effective January 1, 2001, participants are also
immediately vested in the employer matching contributions. During 2000,
vesting in the employer matching contributions was ratable based on
elective months of participation with 100% vesting after five or more year
of eligible service regardless of months of participation.
FORFEITURES
Prior to January 1, 2001, the unvested portion of a terminated
participant's account was forfeited. Forfeitures are applied to reduce
future employer contributions. For the years ended December 31, 2001 and
2000, forfeitures amounted to $0 and $212,666, respectively.
BENEFIT PAYMENTS AND WITHDRAWALS
The value of a participant's account may be distributed on termination of
employment or, under certain circumstances, on the participant's subsequent
retirement, disability, death or attainment of age 59-1/2. Payment will be
made in a lump-sum amount as soon as practical after the valuation date.
The payment will be in cash and for those participants with greater than
the equivalent of 50 shares of Moore Corporation Limited common stock
allocated to their account, the participant may elect to receive whole
shares rather than cash.
Participant loans terminated due to withdrawal of participants from the
Plan included in benefit payments were $279,423 and $719,274 during 2001
and 2000, respectively.
PARTICIPANT LOANS
Participants may borrow up to the lesser of 50% of the vested value of
their account, or $50,000. The maximum loan amount may be reduced in
certain circumstances. Participants may only have one loan outstanding and
such loan shall be for a term of no more than five years with a fixed
interest rate as determined by the Plan.
INVESTMENT OPTIONS
During 2001, employee contributions, rollover contributions and employer
basic matching contributions made to the Plan were invested as directed by
the Plan participants in any or all of 13 investment fund options.
Participants may invest 100% of their account balance in any investment
fund. Prior to April 1, 2001, participants were limited to investing 50% of
their total account balance in the Moore Stock Fund.
As of December 31, 2001, investment fund options were as follows:
Fund Description Objective
---------------- ---------
Charles Schwab Stable Value Fund Seeks to maintain principal
value and obtain consistent
income return by investing
primarily in guaranteed
investment contracts.
PIMCO Total Return Fund Seeks total return consistent
with preservation of capital by
investing in at least 65% of
assets in fixed income
securities.
-6-
MOORE NORTH AMERICA, INC. SAVINGS PLAN
Notes to the Financial Statements, Continued
- --------------------------------------------------------------------------------
INVESTMENT OPTIONS (CONTINUED)
Barclays Global Investors LP 2010 Fund Seeks total return for investors
retiring in approximately 2010
by investing in equities and
fixed income securities with
allocation becoming more
conservative as fund nears
maturation.
Barclays Global Investors LP 2020 Fund Seeks total return for investors
retiring in approximately 2020
by investing in equities and
fixed income securities with
allocation becoming more
conservative as fund nears
maturation.
Barclays Global Investors LP 2030 Fund Seeks total return for investors
retiring in approximately 2030
by investing in equities and
fixed income securities with
allocation becoming more
conservative as fund nears
maturation.
Selected American Fund Seeks growth of capital and
income by investing primarily in
companies with market
capitalization greater than $1
billion as well as fixed-income
and short-term securities.
Dreyfus Appreciation Fund Seeks long-term growth
consistent with preservation of
capital and low portfolio
turnover by investing primarily
in equities.
Schwab S&P 500 Fund Seeks total return by investing
in at least 80% of the stocks
that compose the S&P 500 Index.
Growth Fund of America Fund Seeks capital growth by
investing principally in
equities.
Schwab Small Cap Index Fund Seeks total return by investing
in companies that composed at
least 80% of the Russell 2000
Index.
EuroPacific Growth Fund Seeks long-term growth by
investing at least 65% of its
assets in securities domiciled
in Europe or the Pacific Basin.
Moore Stock Fund Consists primarily of Moore
Corporation Limited common
stock.
-7-
MOORE NORTH AMERICA, INC. SAVINGS PLAN
Notes to the Financial Statements, Continued
- --------------------------------------------------------------------------------
INVESTMENT OPTIONS (CONTINUED)
Personal Choice Retirement Account Consists of participant self-directed
brokerage accounts.
ADMINISTRATIVE EXPENSES
Trustee and investment management fees, recordkeeper fees and other
administrative expenses of the Plan are borne by the Plan.
RECLASSIFICATIONS
Certain 2000 amounts have been reclassified to conform with the 2001
presentation.
2. SIGNIFICANT ACCOUNTING POLICIES
BASIS OF ACCOUNTING
The accompanying financial statements have been prepared in accordance with
accounting principles generally accepted in the United States of America.
The accounts of the Plan are maintained on the accrual basis of accounting.
INVESTMENTS
With the exception of guaranteed investment contracts, all investments are
stated at fair market value as determined by the Trustee and Former Trustee
based upon quoted market prices. Benefit responsive guaranteed investment
contracts are stated at cost which approximates fair value. Participant
notes receivable are also valued at cost which approximates fair value.
"Net appreciation (depreciation) in fair value of investments" presented in
the Statements of Changes in Net Assets Available for Benefits consists of
the realized gains (losses) and the unrealized gains (losses) on the
investments.
Interest is recorded as earned on an accrual basis and dividend income is
recorded on the ex-dividend date on an accrual basis.
PLAN DISTRIBUTIONS
Benefits are recorded upon distribution. The Trustee uses a distribution
account to make all benefit payments. Amounts are transferred from the
investment funds to this account as directed by the plan administrator.
USE OF ESTIMATES
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 net assets available for benefit and changes therein. Actual
results could differ from those estimates.
-8-
MOORE NORTH AMERICA, INC. SAVINGS PLAN
Notes to the Financial Statements, Continued
- --------------------------------------------------------------------------------
RISKS AND UNCERTAINTIES
The Plan provides for various investment options in any combination of
stocks, bonds, fixed income securities, and other investment securities.
Investment securities are exposed to various risks, such as interest rate,
market and credit risk. Due to the level of risk associated with certain
investment securities and the level of uncertainty related to changes in
the value of investment securities, it is at least reasonably possible that
changes in risks in the near term would materially affect participants'
account balances and the amounts reported in the Statements of Net Assets
Available for Benefits and the Statements of Changes in Net Assets
Available for Benefits.
3. NONPARTICIPANT-DIRECTED INVESTMENT
During 2000, the Moore Stock Fund includes both participant-directed and
nonparticipant-directed investments. Effective January 1, 2001, all
contributions were participant-directed due to the elimination of the
supplemental match. The balances of the nonparticipant-directed investment
at December 31, 2000 were as follows:
2000
----
Net assets of nonparticipant-directed investments:
Investments at fair value $3,468,630
Employer contribution receivable 874,667
----------
$4,343,297
==========
-9-
MOORE NORTH AMERICA, INC. SAVINGS PLAN
Notes to the Financial Statements, Continued
- --------------------------------------------------------------------------------
NONPARTICIPANT-DIRECTED INVESTMENT (CONTINUED)
Information about the net assets and the significant components of the
changes in net assets relating to the Moore Stock Fund, which includes
participant directed and non-participant directed amounts, as of and for
the years ended December 31, 2000 are as follows:
2000
----
Net assets:
Investments at fair value $ 9,652,988
Employer contribution receivable 874,667
Interest and dividends receivable 9
Securities sold 96,932
Securities purchased -
-----------
Net assets available for benefits $10,624,596
===========
Changes in net assets:
Contributions:
Employer $ 936,137
Participant 349,701
Net depreciation in fair value of investments (3,657,124)
Net transfers from other investment funds 5,604,155
Other activity, net (235,119)
-----------
$ 2,997,750
===========
4. GUARANTEED INVESTMENT CONTRACTS
During 2000 and until April 1, 2001, the Plan had entered into several
benefit-responsive guaranteed investment contracts with various insurance
companies. The insurance companies maintain the contributions in general
accounts, with the exception of the Aetna Life Insurance Company contract
which maintains contributions in a pooled separate account. The guaranteed
investment contracts are included in the financial statements at contract
value as reported to the Plan by the Trustee. Contract value represents
contributions made under the contract, plus earnings, less participant
withdrawals and administrative expenses. Participants may ordinarily direct
the withdrawal or transfer of all or a portion of their investment at
contract value. During 2000, interest income from the benefit-responsive
guaranteed investment contracts was $1,759,638.
At December 31, 2001 the Stable Value Fund includes various benefit
responsive guaranteed investment contracts that are valued at contract
value that approximates fair market value as reported by the Trustee. These
investment contracts are maintained by the Stable Value Fund and units and
earnings thereon are allocated to the Plan based on its allocable portion
of the Stable Value Fund.
-10-
MOORE NORTH AMERICA, INC. SAVINGS PLAN
Notes to the Financial Statements, Continued
- --------------------------------------------------------------------------------
4. GUARANTEED INVESTMENT CONTRACTS (CONTINUED)
Guaranteed investment contracts at December 31, 2000 were as follows:
Maturity Contract Average Contract Fair
Identity of Issue Date Yield Yield Value Value
----------------- ---- ----- ----- ----- -----
Aetna Life Insurance Co. Evergreen 5.33% 6.06% $ 2,354,727 $ 2,354,073
Commonwealth Insurance
(Monumental Life Insurance Co.) 03/29/2001 6.74% 6.47% 3,467,975 3,467,975
Continental Assurance Co. 09/02/2003 5.83% 6.09% 2,121,406 2,120,562
Continental Assurance Co. Evergreen 6.38% 6.81% 3,732,498 3,777,973
Metropolitan Life Insurance Co. Evergreen 7.00% 7.00% 9,828,136 9,828,137
------------ ------------
$ 21,504,742 $ 21,548,720
============ ============
There are no valuation reserves against the investment contracts for credit
risk of the contract issuer or otherwise. For each investment contract, the
crediting interest rate is based on a formula agreed upon with the issuer.
Except for those investment contracts with fixed-rates, crediting interest
rates are reset monthly, quarterly or semi-annually, depending on the
contract.
5. INVESTMENTS
The individual investments that exceed five percent of the Plan's net
assets as of December 31, 2001 and 2000 are as follows:
2001 2000
---- ----
Moore Stock Fund Company Stock $ 63,122,396 -
Schwab Stable Value Fund Bank commingled trust 92,627,567 -
PIMCO Total Return Fund Registered investment company 31,672,212 -
Barclays Global Investors LP 2020 Fund Registered investment company 46,218,570 -
Dreyfus Appreciation Fund Registered investment company 90,248,148 -
Investment Contract Fund Bank commingled trust - $ 83,916,440
Aggressive Balanced Fund Bank commingled trust - 26,729,336
Equity I Fund Bank commingled trust - 140,470,020
Equity II Fund Bank commingled trust - 20,992,862
Domestic Diversified Fund Bank commingled trust - 67,513,536
Domestic Conservative Fund Bank commingled trust - 22,560,092
6. CHANGE IN PLAN CUSTODIAN
During 2000, the custodian appointed by the Former Trustee changed
effective October 1, 2000 from Deutsche Bank to State Street Corporation.
All assets of the Plan were properly transferred to State Street
Corporation. Effective April 2, 2001, the assets of the Plan were
transferred to and maintained by the Trustee.
-11-
MOORE NORTH AMERICA, INC. SAVINGS PLAN
Notes to the Financial Statements, Continued
- --------------------------------------------------------------------------------
7. RELATED PARTY TRANSACTIONS
Included in Plan assets at December 31, 2001 and 2000 are 5,929,988 and
3,054,947 shares, respectively, of common stock of Moore Corporation
Limited, the parent of the Company. As of December 31, 2001 and 2000, the
stock had an original cost of $37,513,232 and $15,586,977, respectively,
and a market value of $56,334,886 and $9,652,988, respectively.
Certain Plan investments are shares of the Commingled Employee Benefit
Funds managed by the Trustee (and prior to April 1, 2001, the Former
Trustee) and qualify as party-in-interest transactions as defined by ERISA.
Fees paid by the Plan for trustee and investment management services
amounted to $52,681 and $2,148,388 for the years ended December 31, 2001
and 2000, respectively. Effective April 1, 2001, a majority of the
investment funds of the Plan contain revenue sharing provisions between the
Trustee and the respective registered investment companies that serve to
reduce the trustee and management fees paid by the Plan.
These transactions are allowable party-in-interest transactions under ERISA
and the regulations promulgated thereunder.
8. 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, participants will become 100% vested in their accounts.
9. TAX STATUS
The Internal Revenue Service has determined and informed the Company by
letter dated April 27, 1995 that the Plan and related trust are designed in
accordance with applicable sections of the Internal Revenue Code ("IRC").
The Plan has been amended and is being restated since receiving such
determination letter. However, the plan administrator and the Plan's tax
counsel believe that the Plan is designed and currently being operated in
compliance with all applicable requirements of the IRC. Thus, no provision
for Income taxes has been included in the Plan's financial statements.
10. BENEFITS PAYABLE
For financial reporting purposes, the Plan does not record an obligation
for accumulated benefits for individuals who have withdrawn from
participation in the Plan. Accumulated benefits payable for individuals who
have withdrawn from participation in the Plan aggregated $1,157,561 and
$1,216,590 at December 31, 2001 and 2000, respectively.
-12-
MOORE NORTH AMERICA, INC. SAVINGS PLAN
Schedule H: Line 4i - Assets Held for Investment Purposes
- --------------------------------------------------------------------------------
December 31, 2001
(C)
(B) DESCRIPTION OF INVESTMENT INCLUDING (E)
IDENTITY OF ISSUE, BORROWER, LESSOR MATURITY DATE, RATE OF INTEREST, (D) CURRENT
(A) OR SIMILAR PARTY COLLATERAL, PAR, OR MATURITY VALUE COST VALUE
--- ---------------- ---------------------------------- ---- -----
Cash - ** $ 437,488
* Moore Corporation, Ltd. Company stock, 5,929,988 shares ** 63,122,396
Common Stock
* Charles Schwab Trust Company Charles Schwab Stable Value Fund ** 92,627,567
Bank commingled trust
* Charles Schwab Trust Company PIMCO Total Return Fund ** 31,672,212
Registered Investment Company
* Charles Schwab Trust Company Barclays Global Investors LP 2010 Fund ** 19,423,904
Registered Investment Company
* Charles Schwab Trust Company Barclays Global Investors LP 2020 Fund ** 46,218,570
Registered Investment Company
* Charles Schwab Trust Company Barclays Global Investors LP 2030 Fund ** 17,663,820
Registered Investment Company
* Charles Schwab Trust Company Selected American Fund ** 5,034,225
Registered Investment Company
* Charles Schwab Trust Company Dreyfus Appreciation I Fund ** 90,248,148
Registered Investment Company
* Charles Schwab Trust Company Schwab S&P 500 Fund ** 2,233,707
Registered Investment Company
* Charles Schwab Trust Company Growth Fund of America Fund ** 8,021,418
Registered Investment Company
* Charles Schwab Trust Company Schwab Small Cap Index Fund ** 17,407,181
Registered Investment Company
* Charles Schwab Trust Company Europacific Growth Fund ** 6,418,147
Registered Investment Company
* Charles Schwab Trust Company Personal Choice Retirement Account ** 2,817,433
-- ------------
Self-Directed Brokerage Accounts
Total investment funds ** 403,346,216
Participant loans Interest rate range: 4.75%-10.50% ** 7,559,073
-- ------------
Total assets held for investment purposes ** $410,905,289
== ============
* Party-in-interest
** Not required
SIGNATURES
THE PLAN. Pursuant to the requirements of the Securities Exchange Act of 1934,
Moore North America, Inc., the administrator of the Moore North America, Inc.
Savings Plan, has duly caused this annual report to be signed on its behalf by
the undersigned hereunto duly authorized.
MOORE NORTH AMERICA, INC. SAVINGS PLAN
By: Moore North America, Inc.
By: Jennifer O. Estabrook
---------------------------------------
Name: Jennifer O. Estabrook
Title: Senior Vice President, General
Counsel and Assistant Secretary
Date: July 1, 2002
EXHIBIT INDEX
Exhibit
No. Page
23.1 Consent of Pricewaterhouse Coopers LLP
23.2 Consent of Deloitte & Touche LLP