0
                      SECURITIES AND EXCHANGE COMMISSION

                            Washington, D.C. 20549

                                 FORM 10-K/A

                      AMENDMENT TO APPLICATION OR REPORT
                  Filed Pursuant to Section 13 or 15 (d) of
                     The Securities Exchange Act Of 1934

                            Eastman Kodak Company
            (Exact name of registrant as specified in its charter)

                               AMENDMENT NO. 1

     The undersigned registrant hereby amends the following items, financial 
statements, exhibits, or other portions of its Annual Report on Form 10-K for 
the year ended December 31, 1996 as set forth below:


The exhibit listed below and attached hereto is hereby added to the 
registrant's Annual Report on Form 10-K for the year ended December 31, 1996.

     Exhibit

     (99)  Eastman Kodak Employees' Savings and Investment Plan Annual Report
           on Form 11-K for the fiscal year ended December 30, 1996.


     Pursuant to the requirements of the Securities Exchange Act of 1934, the 
registrant has duly caused this amendment to be signed on its behalf by the 
undersigned, thereunto duly authorized.

                                             Eastman Kodak Company
                                                (Registrant)



                                             David J. FitzPatrick
                                             Controller and Vice President 

Date:  April 30, 1997

                                                                     1

                      SECURITIES AND EXCHANGE COMMISSION

                           Washington, D.C.  20549

                                 FORM 11-K

             [X]  ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE
                  SECURITIES EXCHANGE ACT OF 1934 [FEE REQUIRED]

     For the fiscal year ended December 30, 1996
                               -----------------

                                      OR

           [ ]  TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE
                SECURITIES EXCHANGE ACT OF 1934 [NO FEE REQUIRED]

     For the transition period from        to        
                                   --------  --------

     Commission file number   1-87  
                           ---------

         A.  Full title of the plan and the address of the plan, if different 
             from that of the issuer named below:

                           EASTMAN KODAK EMPLOYEES'
                         SAVINGS AND INVESTMENT PLAN


         B.  Name of issuer of the securities held pursuant to the plan and 
             the address of its principal executive office:


                            EASTMAN KODAK COMPANY
                               343 STATE STREET
                          ROCHESTER, NEW YORK  14650

                                                                      2

            EASTMAN KODAK EMPLOYEES' SAVINGS AND INVESTMENT PLAN

            INDEX TO FINANCIAL STATEMENTS, SCHEDULES AND EXHIBIT
                             DECEMBER 30, 1996


                                                      Page No.
(a)  Financial Statements

     Report of Independent Accountants                      3
     Statement of Net Assets                                4
     Statement of Changes in Net Assets                     5
     Notes to Financial Statements                        6-19

(b)  Schedules

       I.  Schedule of Investments                       20-47

      II.  Allocation of Net Assets to
             Investment Funds                            48-54

     III.  Allocation of Changes in Net
             Assets to Investment Funds                  55-64

(c)  Exhibit

     Consent of Independent Accountants                     65

                                                                   3

                    REPORT OF INDEPENDENT ACCOUNTANTS






To the Savings and Investment
Plan Committee and the Participants of the
Eastman Kodak Employees' Savings
and Investment Plan


In our opinion, the financial statements and related schedules listed in 
the index appearing on page 2 of this Annual Report on Form 11-K present 
fairly, in all material respects, the net assets of the Eastman Kodak 
Employees' Savings and Investment Plan at December 30, 1996 and 1995, and 
the changes in net assets for each of the three fiscal years in the period 
ended December 30, 1996, in conformity with generally accepted accounting 
principles.  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 of 
these statements in accordance with generally accepted auditing standards 
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 audits provide a reasonable basis for the opinion 
expressed above.


PRICE WATERHOUSE LLP

Rochester, New York
April 11, 1997


                                                                    
                                                                    4


               EASTMAN KODAK EMPLOYEES' SAVINGS AND INVESTMENT PLAN
                             STATEMENT OF NET ASSETS
                                  (in thousands)
December 30, ---------------------- 1996 1995 ---- ---- ASSETS Investments at Fair Value: Eastman Kodak Company common stock $ 596,907 $ 501,602 Eastman Chemical Company common stock 46,277 40,174 Other common stocks 483,481 156,596 Mutual funds 264,776 474,403 Interest in common/collective trusts (pooled) funds 325,813 132,721 Short-term interest funds 14,687 4,798 U.S. government securities 1,480 - Investments at Contract Value: Group annuity contracts 3,407,997 3,305,515 Loans to participants 74,102 62,609 Employer contributions receivable 235 3,600 Dividends and interest receivable 4,053 3,576 Receivables for securities sold 3,737 1,337 Miscellaneous receivable 233 139 Cash - 36 ---------- ---------- Total assets (cost: 1996 - $4,899,891 1995 - $4,396,944) 5,223,778 4,687,106 ---------- ---------- LIABILITIES Distributions payable to participants 14,552 15,275 Distributions payable to successor plans 562,094 522,627 Payables for securities purchased 3,338 700 Accrued expenses 2,854 3,201 ---------- ---------- Total liabilities 582,838 541,803 ---------- ---------- Net assets $4,640,940 $4,145,303 ========== ========== (See accompanying notes to financial statements)
5 EASTMAN KODAK EMPLOYEES' SAVINGS AND INVESTMENT PLAN STATEMENT OF CHANGES IN NET ASSETS (in thousands)
For the fiscal year ended December 30, ---------------------------------------------- 1996 1995 1994 ---- ---- ---- ADDITIONS TO NET ASSETS: Dividends on Eastman Kodak Company common stock $ 12,671 $ 12,413 $ 12,081 Dividends on Eastman Chemical Company common stock 1,201 499 490 Other dividends 20,322 13,641 13,666 Interest 275,973 272,618 261,888 Income from common/collective trusts (pooled) funds 1,526 684 804 Miscellaneous income 36 4 - Net realized and unrealized gains from investments 263,017 291,817 34,325 Employer contributions 169,235 150,533 152,802 ---------- ---------- ---------- Total Additions 743,981 742,209 476,056 ---------- ---------- ---------- DEDUCTIONS FROM NET ASSETS: Distributions to participants (201,802) (155,879) (153,825) Distributions to successor plans (39,469) (62,655) (459,973) Administrative expenses (7,073) (6,494) (5,907) ---------- ---------- ---------- Total Deductions 248,344 225,028 619,705 ---------- ---------- ---------- Increase (Decrease) in net assets 495,637 517,181 (143,649) Net assets at beginning of year 4,145,303 3,628,122 3,771,771 ---------- ---------- ---------- Net assets at end of year $4,640,940 $4,145,303 $3,628,122 ========== ========== ========== (See accompanying notes to financial statements)
6 EASTMAN KODAK EMPLOYEES' SAVINGS AND INVESTMENT PLAN NOTES TO FINANCIAL STATEMENTS NOTE 1: DESCRIPTION OF PLAN General The Eastman Kodak Employees' Savings and Investment Plan (the Plan or SIP) is a defined contribution plan of a controlled group of corporations consisting of Eastman Kodak Company and certain United States subsidiaries operating in the United States (Kodak). Regular full-time, regular part-time, supplementary or conditional employees of these corporations are eligible to participate in the Plan. Limited service employees, co-ops and special program employees are not eligible. The Plan is subject to the Employee Retirement Income Security Act of 1974. The Plan is administered by the Savings and Investment Plan Committee (SIPCO), which is the Plan Administrator and Named Fiduciary. The Trusts, forming part of the Plan, are administered by Boston Safe Deposit and Trust Company (Boston Safe) and Fidelity Management Trust Company (Fidelity) (together the Plan Trustees). Plan Amendments and Other Changes During 1996 two new investment options were made available to Eastman Chemical Company participants. Effective December 1, 1996 the maximum salary deferral rate was increased from 15 percent to 18 percent of pay for eligible Kodak participants. On December 31, 1993, Kodak spun off its worldwide chemical business, Eastman Chemical Company (ECC or Eastman). Subsequent to the spin-off, account balances of the ECC participants were liquidated and the proceeds invested in seven newly-created funds within the Plan that are managed by Fidelity, the trustee for ECC participants. Effective January 1, 1994, all salary deferrals of ECC participants have been contributed to the Eastman Investment Plan (EIP). The provisions of the Plan described below with respect to loans and distributions apply equally to the ECC participants in the Plan. Upon receiving updated determination letters from the IRS with respect to the SIP and EIP plans, the account balances of ECC participants will be transferred from SIP to EIP. See Federal Income Tax Status footnote. The balances of the ECC participants are reflected as a liability in the accompanying financial statements. Effective November 30, 1994, Kodak sold its Clinical Diagnostics Division (CDD); the CDD employees remained employees of Kodak and active participants in the Plan until December 26, 1994. Upon receiving a determination letter from the IRS with respect to the SIP Plan and successor plan sponsored by the purchaser of CDD, the account balances of the CDD employees will be transferred from SIP to such successor plan. The balances of the CDD employees are reflected as a liability in the accompanying financial statements. 7 Administrative Expenses The Plan provides for the payment of certain administrative expenses by the Trusts, including fees for investment advisors, recordkeepers, the Plan Trustees, attorneys and accountants. The recordkeepers are Hewitt Associates and Fidelity. Contributions The Plan includes a salary reduction provision allowing eligible Kodak participants to defer up to 18% of qualifying compensation as defined in the Plan. The maximum deferral for a Plan year is limited to 18% of the aggregate of wage dividend and qualifying compensation, but not more than the statutory limit of $9,500 for calendar year 1996 ($9,240 for calendar years 1995 and 1994). Participants' salary deferrals are contributed to the Plan by Kodak on behalf of the participants. All contributions are immediately vested. Boston Safe will invest the amount contributed to the Plan into the investment funds described in the Investments footnote, as directed by the participant. Participants may make transfers among the funds once a month. Loans The Plan Administrator may grant a loan to a participant provided that the aggregate of the participant's outstanding loans will not exceed the lesser of: 1) $50,000 less the highest outstanding loan balance during the previous 12 months, or 2) 50% of the current value of the participant's account. A new loan must be at least $1,000 and repaid within five years of the date of the loan. In accordance with the Plan provisions, the rate of interest is fixed at the discretion of the Plan Administrator. Interest is charged at the lesser of the maximum legal rate or the prime rate. Distributions Distributions from the Plan are made under the following circumstances: 1. No portion of an account may be withdrawn without the approval of the Plan Administrator or its designee. Approval of hardship withdrawals will only be granted in order to meet obligations relating to the payment of substantial out-of-pocket medical (or dental) bills for the participant, the participant's spouse or any of the participant's dependents, the purchase or construction of a primary residence, tuition, room and board or other post-secondary educational expenses, or payments to prevent eviction/foreclosure. 2. Upon attaining age 59 1/2, a participant may elect to receive a lump sum cash distribution from the Plan while still actively employed. 8 Distributions (Cont'd) 3. Upon separation from service for any reason except death, the full value of a participant's account is distributed as a lump sum if the account balance is less than $3,500 and the participant is not retirement eligible. Otherwise, the full value of the account is distributed when and as designated by the participant in a lump sum payment, or in monthly or annual installments. If an appropriate designation is not made by the participant, the account is paid in a lump sum cash payment in February following the year the participant turns age 65. 4. In the event of death, the value of a participant's account is paid in a lump sum to a designated beneficiary, if any, or to the decedent's estate, except that if there is a surviving spouse, then the entire sum will be paid to such spouse unless the spouse consents to the beneficiary designation of the participant. 5. The Plan Trustees are authorized to honor "qualified domestic relations orders" issued and served in accordance with Section 414(p) of the Internal Revenue Code. Plan Termination While Kodak expects to continue the Plan, it has the right to discontinue contributions and amend or terminate the Plan at any time. In the event that contributions to the Plan are discontinued, the Plan Trustees will continue to administer the Trusts. In the event of the termination of the Trusts as a result of or incident to termination of the Plan, the pro rata value of the participants' accounts will be paid in accordance with the provisions of the Plan. NOTE 2: SUMMARY OF ACCOUNTING POLICIES Basis of Accounting The Plan operates on a fiscal year ending December 30. The Plan's financial statements have been prepared on the accrual basis of accounting. Distributions payable to participants are recorded when the request for payment meeting the provisions of the Plan is received. Employer contributions represent qualifying compensation withheld from the participants by Kodak for contribution to the Plan. 9 Investment Valuation and Income Recognition The group annuity contracts included in the Fixed Income Fund and Fidelity Managed Income Portfolio are valued at cost plus interest reinvested. American Institute of Certified Public Accountant's (AICPA's) Statement of Position (SOP) 94-4, "Reporting of Investment Contracts Held by Health and Welfare Benefit Plans and Defined-Contribution Pension Plans", which is effective for the plan year ended December 30, 1995, requires that guaranteed investment contracts be valued at cost plus interest reinvested if they are fully benefit responsive, as defined by SOP 94-4. The Plan Administrator believes that the group annuity contracts held by the Plan are fully benefit responsive. In aggregate, the recorded value of the group annuity contracts approximates their fair value. Interest in common or collective trusts (pooled) funds reflect market values as certified by the managers of such funds. Fair values of all other investments are based upon active market quotations on national exchanges, if available, at December 30, or, if not available, upon amounts believed by the Plan Administrator to be realizable at that time. Purchases and sales of securities are recorded on a trade-date basis. Interest income is recorded on the accrual basis. Dividends are recorded on the ex-dividend date. Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at year end and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. NOTE 3: INVESTMENTS All contributions are paid to Boston Safe. No bond is furnished by the Plan Trustees in connection with the custody of security investments or other assets of the Plan. The Plan Trustees are authorized to keep any portion of any of the foregoing funds in cash or liquid investments as they may deem advisable. All dividends, interest or gains derived from investments in each Fund are reinvested in the respective Fund by the Plan Trustees. 10 Funds at Boston Safe The Kodak Stock Fund consists primarily of shares of Eastman Kodak Company common stock. Purchases of Kodak stock are made daily as required by participant activity. When Kodak spun off ECC on December 31, 1993, shareholders received one share of ECC for every four Kodak shares owned. In 1994, 1,279,321 shares of ECC stock were sold at an average price of $46.10 per share and the proceeds were used to acquire shares of Kodak stock. The Smaller Stock Fund consists primarily of investments in U.S. stocks made through mutual funds, group trusts, or separate accounts, all of which are selected by an Investment Manager appointed by the Plan Administrator. The Fixed Income Fund's assets are invested primarily in contracts with insurance companies. Effective annual yields on these contracts ranged between 5.83% and 12.97% depending on the date of the contribution, transfer or rollover. The blended rate of return on the Fixed Income Fund was approximately 8.4% in 1996 (8.7% in 1995 and 8.5% in 1994). The Balanced Mutual Fund is composed of a single mutual fund selected by the Plan Administrator, the Fidelity Puritan Fund, which is a balanced fund that seeks current income consistent with preservation of capital by investing in a broadly diversified portfolio of high-yielding equity and debt securities. The Large Stock Index Fund invests in all 500 stocks that compose the Standard & Poor's 500 Index. The International Stock Fund invests in a large number of widely diversified stocks in more than 30 countries around the world. Funds at Fidelity The Kodak Stock Fund consists of shares of Eastman Kodak Company common stock. The Eastman Stock Fund consists primarily of shares of Eastman Chemical Company common stock. The Fidelity Managed Income Portfolio is a fixed income fund consisting of investment contracts with one or more financial institutions that pay interest to the fund. The rate of interest paid to the fund will change from time to time as investment contracts mature and new contracts are purchased. Effective annual yields on these contracts ranged between 5.35% and 12.97% depending on the date of the contribution, transfer or rollover. The blending of earnings in the Fidelity Managed Income Portfolio produced an effective yield of approximately 8.0% in 1996 (8.5% in 1995 and 9.0% in 1994). 11 Funds at Fidelity (Cont'd) The Fidelity Fund seeks long-term capital growth and reasonable current income. It focuses on investments in companies that the fund's manager believes are marked by solid balance sheets and good prospects for growth. Investments will be diversified across a variety of market sectors. The Fidelity Puritan Fund is a balanced fund that seeks current income consistent with preservation of capital by investing in a broadly diversified portfolio of high-yielding equity and debt securities. The Fidelity Magellan Fund is a growth fund seeking long-term capital appreciation by investing in stocks, and corporate securities convertible into stocks, of domestic, multinational and foreign companies that the fund's manager believes offer potential for growth, which also leads to a correspondingly higher level of risk. The Fidelity Contrafund is a growth fund seeking long-term capital appreciation by investing primarily in securities of companies believed by the fund's manager to be out of favor and undervalued. The Fidelity International Growth & Income Fund, a growth and income mutual fund that invests internationally, seeks to increase the value of investments over the long term through capital growth while also providing current income. The Fidelity U.S. Equity Index Portfolio is an index mutual fund that seeks to duplicate the composition and total return of the Standard & Poor's Composite Index of 500 Stocks. 12 The number of participants in each fund was as follows: December 30, ---------------------- 1996 1995 ---- ---- Boston Safe Funds: Kodak Stock Fund 25,919 28,744 Smaller Stock Fund 26,571 28,940 Fixed Income Fund 52,584 60,635 Balanced Mutual Fund 9,480 9,019 Large Stock Index Fund 11,419 7,874 International Stock Fund 8,114 8,040 December 30, ---------------------- 1996 1995 ---- ---- Fidelity Funds: Kodak Stock Fund 2,084 2,240 Eastman Stock Fund 3,106 2,778 Fidelity Managed Income Portfolio 9,674 10,079 Fidelity Fund 2,027 1,965 Fidelity Puritan Fund 2,477 2,581 Fidelity Magellan Fund 3,844 4,239 Fidelity Contrafund 2,207 2,147 Fidelity International Growth & Income Fund 124 0 Fidelity U.S. Equity Index Portfolio 187 0 The total number of participants in the Plan was less than the sum of the number of participants shown above because many participants invest in more than one fund. NOTE 4: LOANS TO PARTICIPANTS The Plan Trustees make loans to participants in accordance with Plan provisions. The Plan's receivable for loans made after 1993 is recorded as an asset of the Loan Funds. The Plan's receivable for loans made prior to 1994 was recorded as an asset of each of the funds from which the participants made the loan election. Loans made are accounted for as a transfer from the fund directed by the participant to the loan fund. The principal portion of loan repayments reduces the Loan Fund receivable. The principal and interest repaid are directed to funds to which the participant's current contributions are directed; the principal is accounted for as a transfer and the interest accounted for as income in the fund to which the participant's current contributions are directed. 13 NOTE 4: LOANS TO PARTICIPANTS (Cont'd) Interest income earned on loans to participants for the fiscal years ended December 30 is: (in thousands) 1996 1995 1994 ------ ------ ------ Boston Safe Funds: Kodak Stock Fund $ 586 $ 564 $ 666 Smaller Stock Fund 785 823 1,080 Fixed Income Fund 2,818 1,874 538 Balanced Mutual Fund 133 71 21 Large Stock Index Fund 138 51 9 International Stock Fund 76 42 14 ------ ------ ------ Total $4,536 $3,425 $2,328 ====== ====== ====== 1996 1995 1994 ------ ------ ------ Fidelity Funds: Kodak Stock Fund $ 13 $ 9 $ 11 Eastman Stock Fund 41 27 13 Fidelity Managed Income Portfolio 393 310 179 Fidelity Fund 20 14 9 Fidelity Puritan Fund 34 28 16 Fidelity Magellan Fund 76 61 51 Fidelity Contrafund 28 22 18 Fidelity International Growth & Income Fund 1 - - Fidelity U.S. Equity Index Portfolio 2 - - ------ ------ ------ Total $ 608 $ 471 $ 297 ====== ====== ====== The interest income from loans shown above is included in "interest" on the Statement of Changes in Net Assets. 14 NOTE 5: NET REALIZED AND UNREALIZED GAINS (LOSSES) FROM INVESTMENTS Components of net realized and unrealized gains (losses) from investments and proceeds from sales of investments for the fiscal years ended on December 30 are:
(in thousands) Unrealized Net Realized Realized gains and Unrealized Proceeds gains (losses) gains (losses) from from from from sales of investments investments investments investments ----------- ----------- -------------- ----------- 1996 Boston Safe Kodak common stock $ 14,781 $ 99,296 $114,077 $ 119,466 Fidelity Kodak common stock 2,706 2,061 4,767 45,435 Fidelity Eastman stock 1,607 (5,585) (3,978) 97,535 Other securities 101,561 46,590 148,151 773,195 -------- -------- -------- ---------- $120,655 $142,362 $263,017 $1,035,631 ======== ======== ======== ========== 1995 Boston Safe Kodak common stock $17,500 $127,190 $144,690 $ 105,480 Fidelity Kodak common stock 4,880 2,352 7,232 26,772 Fidelity Eastman stock 4,553 2,102 6,655 89,992 Other securities 38,851 94,389 133,240 169,336 ------- -------- -------- ---------- $65,784 $226,033 $291,817 $ 391,580 ======= ======== ======== ========== 1994 Boston Safe Kodak common stock $19,846 $ 2,845 $ 22,691 $ 25,142 Fidelity Kodak common stock 1,172 3,359 4,531 16,828 Fidelity Eastman stock 829 2,043 2,872 26,521 Other securities 20,730 (16,499) 4,231 724,197 ------- -------- -------- ---------- $42,577 $ (8,252) $ 34,325 $ 792,688 ======= ======== ======== ==========
Consistent with Department of Labor regulations, the components of net realized and unrealized gains and losses from investments are calculated for purposes of Form 5500 based on an investment's current value at the beginning of the year, or acquisition cost if acquired during the year (revalued cost). For purposes of determining realized gains and losses, the revalued costs of investments sold are determined based upon a weighted average basis. 15 BOSTON SAFE FUNDS NOTE 6: UNIT VALUES AND PARTICIPANT UNITS (in thousands, except per unit value data) Following are the funds' month-end unit values and participants' units as calculated by the Trustees.
Kodak Smaller Fixed Balanced Large Stock International Stock Fund Stock Fund Income Fund Mutual Fund Index Fund Stock Fund ---------------- ---------------- ----------------- ---------------- ---------------- ---------------- Unit Unit Unit Unit Unit Unit Value Units Value Units Value Units Value Units Value Units Value Units ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- 1996 ---- Jan. 31 $22.9819 23,788 $21.6775 21,798 $14.1412 209,624 $12.0728 7,398 $14.1296 6,009 $10.6631 6,725 Feb. 29 22.5174 24,895 22.3661 21,506 14.2316 206,470 12.2159 7,861 14.2179 6,584 10.6866 7,189 Mar. 31 22.3114 25,357 22.8201 21,889 14.3316 206,832 12.4157 8,153 14.3528 7,024 10.9109 7,225 Apr. 30 24.0296 24,648 23.7503 22,480 14.4277 205,321 12.4219 8,496 14.5622 7,485 11.3051 7,760 May 31 23.4673 25,374 24.5698 22,813 14.5275 202,979 12.5041 8,396 14.9442 7,838 11.2291 8,115 June 30 24.5111 25,272 24.0986 23,117 14.6254 202,154 12.5605 8,314 14.9978 8,127 11.2994 8,151 July 31 23.5275 25,328 22.8726 22,903 14.7257 201,976 12.3166 8,191 14.3447 8,320 10.8736 8,122 Aug. 31 22.9829 25,914 23.7268 22,563 14.8267 201,187 12.4338 8,093 14.6335 8,369 10.9660 7,986 Sep. 30 24.8705 23,305 24.7264 22,622 14.9246 201,099 12.9281 8,113 15.4521 8,621 11.1930 7,854 Oct. 31 25.1575 22,381 24.8296 22,514 15.0257 206,593 13.2397 8,174 15.8683 8,986 11.1270 7,617 Nov. 30 25.7505 22,115 25.8954 22,506 15.1244 205,380 13.9025 8,306 17.0624 9,406 11.5337 7,437 Dec. 30 26.1515 21,913 26.0138 22,557 15.2233 204,544 13.8667 8,471 17.0009 9,868 11.4238 7,418 1995 ---- Jan. 31 $15.0685 26,008 $17.2073 22,038 $13.0164 213,600 $ 9.7775 6,112 $10.2868 2,748 $ 9.1940 4,721 Feb. 28 15.7864 25,165 17.7324 21,743 13.1009 214,881 10.0723 6,086 10.6743 2,806 9.0807 4,573 Mar. 31 16.4715 24,234 18.1159 21,782 13.1944 217,663 10.3041 6,141 10.9885 3,056 9.4996 4,698 Apr. 30 17.7611 23,160 18.4164 21,711 13.2854 218,367 10.5114 6,338 11.3028 3,274 9.7944 4,902 May 31 18.7554 23,702 18.8146 21,517 13.3800 217,214 10.7334 6,483 11.7387 3,462 9.8095 4,991 June 30 18.8246 24,672 19.3313 21,528 13.4718 215,772 10.8543 6,498 12.0151 3,641 9.7335 4,837 July 31 17.8873 25,487 20.0670 21,636 13.5671 213,797 11.2170 6,593 12.3953 4,013 10.3433 4,801 Aug. 31 18.0442 25,566 20.4823 21,628 13.6630 213,204 11.2698 6,673 12.4269 4,145 10.1110 4,973 Sep. 30 18.5041 24,993 20.9314 21,691 13.7564 213,433 11.4284 6,727 12.9388 4,248 10.2605 5,001 Oct. 31 19.5477 24,123 20.2634 21,782 13.8526 213,496 11.2441 6,862 12.8935 4,760 9.9805 5,071 Nov. 30 21.4281 23,091 20.9552 21,831 13.9463 213,978 11.6399 7,013 13.4240 5,203 10.1649 5,171 Dec. 30 21.0227 23,837 21.3790 21,857 14.0400 211,742 11.9054 6,985 13.6526 5,437 10.4931 5,592
16 FIDELITY FUNDS UNIT VALUES AND PARTICIPANT UNITS (Cont'd) (in thousands, except per unit value data)
Kodak Eastman Fidelity Managed Fidelity Fidelity Stock Fund Stock Fund Income Portfolio Fidelity Fund Puritan Fund Magellan Fund ---------------- ---------------- ---------------- ---------------- ---------------- ---------------- Unit Unit Unit Unit Unit Unit Value Units Value Units Value Units Value Units Value Units Value Units ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- ----- 1996 ---- Jan. 31 $16.74 1,285 $14.82 2,035 $1.00 317,798 $23.16 484 $17.25 1,072 $87.22 490 Feb. 29 16.32 1,434 16.16 1,840 1.00 318,378 23.45 547 17.47 1,081 86.65 487 Mar. 31 16.20 1,431 15.51 2,377 1.00 313,447 23.79 556 17.64 1,079 87.51 477 Apr. 30 17.43 1,294 15.14 2,911 1.00 308,169 24.17 538 17.65 1,059 88.08 464 May 31 16.92 1,366 15.09 2,802 1.00 308,831 24.64 532 17.76 1,049 74.87 545 June 30 17.68 1,183 13.76 3,391 1.00 303,950 24.65 564 17.68 1,048 74.80 521 July 31 16.99 1,276 11.85 4,092 1.00 296,973 23.58 535 17.34 1,018 71.32 505 Aug. 31 16.53 1,335 12.66 4,165 1.00 296,568 22.68 579 17.50 1,009 73.12 497 Sep. 30 17.87 1,189 13.21 3,731 1.00 306,085 23.76 607 16.48 1,113 76.05 490 Oct. 31 18.16 1,165 13.07 3,918 1.00 305,920 24.15 595 16.88 1,107 77.85 482 Nov. 30 18.41 1,177 12.92 3,681 1.00 310,310 25.60 623 17.73 1,093 82.89 469 Dec. 30 18.72 1,191 12.64 3,741 1.00 311,767 25.06 611 17.46 1,101 81.43 464 1995 ---- Jan. 31 $11.21 1,720 $11.14 2,491 $1.00 281,150 $18.45 450 $14.74 1,102 $66.12 502 Feb. 28 11.75 1,683 12.23 1,928 1.00 292,008 19.08 438 15.19 1,081 69.83 481 Mar. 31 12.23 1,616 12.50 1,654 1.00 299,504 19.67 435 15.42 1,077 72.44 469 Apr. 30 13.20 1,461 12.74 2,037 1.00 299,870 20.15 428 15.73 1,056 75.81 459 May 31 13.94 1,445 13.43 1,609 1.00 307,370 20.49 430 16.07 1,037 77.59 459 June 30 13.99 1,486 13.36 1,750 1.00 307,884 21.04 428 16.15 1,044 83.50 448 July 31 13.25 1,724 14.25 1,616 1.00 307,937 22.00 429 16.69 1,028 89.91 454 Aug. 31 13.33 1,762 14.39 1,723 1.00 307,750 21.77 437 16.77 1,022 90.69 453 Sep. 30 13.70 1,644 14.33 2,366 1.00 302,453 22.31 438 16.78 1,030 92.37 446 Oct. 31 14.34 1,435 13.27 2,974 1.00 298,380 22.05 444 16.51 1,031 89.99 447 Nov. 30 15.63 1,355 14.60 2,173 1.00 312,378 22.98 450 17.10 1,012 91.99 450 Dec. 30 15.39 1,363 13.97 2,911 1.00 302,030 22.61 479 17.01 1,052 85.98 488
17 FIDELITY FUNDS UNIT VALUES AND PARTICIPANT UNITS (Cont'd) (in thousands, except per unit value data)
Fidelity Fidelity International Fidelity U.S. Equity Contrafund Growth & Income Fund Index Portfolio ---------------- ---------------------- -------------------- Unit Unit Unit Value Units Value Units Value Units ----- ----- ----- ----- ----- ----- 1996 ---- Jan. 31 $38.88 486 Feb. 29 37.11 523 Mar. 31 38.14 518 Apr. 30 39.32 540 May 31 39.65 556 18.74 1 24.55 5 June 30 39.34 563 18.87 54 24.53 47 July 31 37.51 547 18.43 66 23.44 72 Aug. 31 38.94 548 18.66 74 23.93 80 Sep. 30 40.54 562 19.11 74 25.15 81 Oct. 31 41.84 564 19.09 75 25.84 100 Nov. 30 44.27 568 20.04 84 27.79 120 Dec. 30 42.44 600 19.44 86 27.43 127 1995 ---- Jan. 31 $29.79 454 Feb. 28 30.99 444 Mar. 31 32.12 432 Apr. 30 33.57 429 May 31 34.38 420 June 30 36.56 416 July 31 39.36 424 Aug. 31 39.88 427 Sep. 30 40.61 426 Oct. 31 39.87 433 Nov. 30 40.92 437 Dec. 30 38.02 486
18 NOTE 7: SIGNIFICANT INVESTMENTS The following table represents investments having a value equal to or greater than 5% of net assets at December 30, 1996:
(in thousands) Principal Fair or Maturity Interest Amount or Contract Investment Date Rate Shares Cost Value ---------- -------- -------- --------- ---- ---------- Eastman Kodak Company common stock N/A N/A 7,246 $342,033 $ 596,907 John Hancock Life Ins. GAC #4481 3/1/1999 8.84% $259,903 259,903 259,903 John Hancock Life Ins. GAC #5702 10/3/2002 10.1% $262,814 262,814 262,814 -------- ---------- TOTAL $864,750 $1,119,624 ======== ==========
NOTE 8: FEDERAL INCOME TAX STATUS In February 1988, the Plan received a favorable tax determination letter from the Internal Revenue Service in which the Internal Revenue Service stated that the Plan, as then designed, was in compliance with the applicable requirements of the Internal Revenue Code. The Plan has been amended since receiving such letter. The Plan Administrator and the Plan's tax counsel believe that the Plan is currently designed and being operated in compliance with the applicable requirements of the Internal Revenue Code. Therefore, no provision for income taxes has been included in the Plan's financial statements. The Plan Administrators of the Plan and EIP have requested tax determination letters from the Internal Revenue Service pursuant to the requirements of the Tax Reform Act of 1986, which the Plan Administrators expect to receive. Upon receiving such determination letters, the account balances of ECC participants will be transferred to EIP. NOTE 9: RELATED PARTY TRANSACTIONS Certain Plan investments are shares of mutual funds managed by Fidelity Investments. Fidelity Management Trust Company is the trustee for ECC participants; therefore, these transactions constitute related party transactions. Fees paid by the Plan to Fidelity Investments for management services amounted to $63,000 and $43,000 for the fiscal years ended December 30, 1996 and 1995, respectively. 19 NOTE 10: COMMITMENTS A portion of administrative expenses consist of fees for recordkeeping, trust, and investment management services provided to the Plan by various parties. The contracts under which these services are provided are long-term in nature, but can be cancelled by either party with advance notice. Such contracts contain both fixed- and activity-based variable fee structures. NOTE 11: SUBSEQUENT EVENTS On December 31, 1996, Danka Business Systems PLC (Danka) and Kodak entered into an agreement for Danka to acquire the sales, marketing, and equipment service operations of Kodak's Office Imaging business, as well as Kodak's facilities management business known as Kodak Imaging Services. Upon receiving a determination letter from the IRS with respect to the SIP Plan and successor plan sponsored by Danka, the account balances of the Office Imaging and Kodak Imaging Services employees will be transferred from SIP to such successor plan. Effective January 27, 1997 SIP accounts will be valued on a daily basis rather than monthly; participants can request transfers (either a dollar amount or a percentage of a fund balance) or reallocations (percentages) of investments any day; and, the number of fund options available at Boston Safe will be expanded from 6 to 36. * * * * * 20 Schedule I EASTMAN KODAK EMPLOYEES' SAVINGS AND INVESTMENT PLAN SCHEDULE OF INVESTMENTS December 30, 1996 (in thousands)
Principal Amount or Fair Description Shares Cost Value ----------- --------- ---- -------- BOSTON SAFE FUNDS KODAK STOCK FUND Eastman Kodak Company Common Stock 6,976 $323,748 $574,683 ======== ======== Common/Collective Trust TBC Inc. Daily Liquidity Fund $1,584 $ 1,584 $ 1,584 ======== ======== SMALLER STOCK FUND Mutual Funds Babson Enterprises Fd Inc. 699 $ 10,834 $ 11,287 CMC Small Cap 256 14,421 13,572 Mutual Qualified Income Fund 653 17,895 21,195 -------- -------- Total $ 43,150 $ 46,054 ======== ======== Common Stocks ABM Inds. Inc. 19 $ 325 $ 338 ABR Information Svcs. Inc. Com. 4 168 165 ACC Corp. 18 532 456 ACX Technologies Inc. Com. 33 597 658 ADE Corp. Mass. 25 374 425 AM Intl. Inc. New 14 83 63 Aames Financial Corp. 11 455 395 Acceptance Ins. Cos. Inc. 12 237 229 Actel Corp. Com. 35 708 847 Advanced Marketing Svcs. Inc. 3 31 31 Advanced Technology Labs Inc. 14 400 438 Advanced Health Corp. 30 445 397 Advent Software Inc. 2 64 60 Aeroflex Inc. 4 18 19 Agouron Pharmaceuticals Inc. 7 408 507 Alabama Natl. Bancorporation Del. 7 128 126 Alberto Culver Co. CL B Conv. 18 852 883 Alco Std. Corp. 45 1,767 2,275 Alexander & Baldwin Inc. 64 1,669 1,616 Aliant Communications Inc. 7 121 124 Alliance Gaming Corp. 97 344 384
21 Schedule I (Cont'd) EASTMAN KODAK EMPLOYEES' SAVINGS AND INVESTMENT PLAN SCHEDULE OF INVESTMENTS December 30, 1996 (in thousands)
Principal Amount or Fair Description Shares Cost Value ----------- --------- ---- -------- SMALLER STOCK FUND (Cont'd) Common Stocks (Cont'd) Allied Cap. Coml. Corp. 4 96 98 Alltrista Corp. Com. 20 484 500 Alpha Inds. Inc. 47 360 356 Altron Inc. Com. 33 520 689 Alumax Inc. Com. 4 118 142 Ambac Inc. Com. 14 888 894 Amcast Indl. Corp. 12 242 294 Amerco Inc. Com. 13 580 465 Amdahl Corp. Com. 10 126 130 American Homepatient Inc. 20 480 525 American Natl. Ins. Co. 9 634 634 American Oilfield Divers Inc. 10 119 120 American Std. Cos. Inc. Del. 64 2,361 2,385 American Stores Co. New 43 911 1,749 American Woodmark Corp. 10 108 140 Americredit Corp. Com. 46 904 904 Amerisource Health Corp. CL A 19 760 864 Ameron International Corp. 5 248 276 Ames Dept. Stores Inc. Com. New 25 119 110 Amresco Inc. Com. 32 696 857 Ampco Pittsburgh Corp. 11 152 134 Amre Corp. Com. 120 582 225 Analog Devices Inc. 30 892 1,014 Analogic Corp. Com. 23 487 734 Analysis & Technology Inc. 5 70 69 Angelica Corp. Com. 32 626 610 Applied Signal Technology Inc. Com. 5 21 20 Aquila Gas Pipeline Corp. Com. 9 125 139 Arkansas Best Corp. Del. 67 430 293 Armstrong World Inds. Inc. Com. 26 1,894 1,813 Arrow Intl. Inc. 14 373 384 Aspen Technology Inc. Com. 9 678 650 Atrion Corp. 6 96 91 Autodesk Inc. Com. 19 658 539 Avalon PPTYS Inc. Com. 3 76 87 Avnet Inc. Com. 39 2,144 2,270 Aydin Corp. 21 262 199 BISYS Group Inc. 43 1,613 1,636
22 Schedule I (Cont'd) EASTMAN KODAK EMPLOYEES' SAVINGS AND INVESTMENT PLAN SCHEDULE OF INVESTMENTS December 30, 1996 (in thousands)
Principal Amount or Fair Description Shares Cost Value ----------- --------- ---- -------- SMALLER STOCK FUND (Cont'd) Common Stocks (Cont'd) BJ Svcs. Co. Com. 15 731 792 BNH Bancshares Inc. New Com. 12 120 140 Badger Meter Inc. 2 58 58 Baker Michael Corp. 15 91 95 Baker J. Inc. Com. 63 465 336 Baldwin Technology Inc. CL A 83 353 198 Ball Corp. Com. 45 1,114 1,170 Bancfirst Corp. 1 26 26 Bancorpsouth Inc. 7 191 187 Banctec Inc. Com. 50 969 1,052 Bank UTD Corp. 38 944 998 Barefoot Inc. 140 1,449 2,205 Barnes & Noble Inc. Com. 79 2,169 2,076 Barnes Group Inc. Com. 4 251 251 Bausch & Lomb Inc. Com. 10 335 356 Beazer Homes USA Inc. 8 122 149 Beckman Instrs. Inc. New 5 144 166 Belden Inc. Com. 8 258 270 Bell Inds. Inc. 9 158 185 Bemis Inc. Com. 22 618 807 Bergen Brunswig Corp. CL A 8 203 231 Berlitz Intl. Inc. New 6 109 116 Beverly Enterprises Inc. Com. 85 1,049 1,080 Billing Info. Concepts Corp. 27 812 785 Bindley Westn. Inds. Inc. Com. 34 513 649 Bio Rad Labs Inc. CL A 11 334 333 Birmingham Stl. Corp. Com. 2 41 43 Black Box Corp. Del. Com. 29 1,164 1,187 Block Drug Inc. CL A 10 430 450 Bob Evans Farms Inc. 5 62 67 Bon Ton Stores Inc. Com. 18 103 108 Boole Babbage Inc. 19 361 449 Borg Warner Automotive Inc. Com. 12 471 468 Boston Acoustics Inc. 3 49 45 Boston Technology Inc. New Com. 21 400 565 Bowne & Co. Inc. Com. 18 417 448 Bre-X Minerals LTD 6 104 96 Brinker Intl. Inc. Com. 25 464 409 Bro-X Minerals LTD 1 2 1
23 Schedule I (Cont'd) EASTMAN KODAK EMPLOYEES' SAVINGS AND INVESTMENT PLAN SCHEDULE OF INVESTMENTS December 30, 1996 (in thousands)
Principal Amount or Fair Description Shares Cost Value ----------- --------- ---- -------- SMALLER STOCK FUND (Cont'd) Common Stocks (Cont'd) Brunswick Corp. Com. 84 2,111 2,030 Buffton Corp. Com. 1 0 0 Burlington Coat Factory Whse. Corp. Com. 73 881 944 Burlington Inds. Inc. New Com. 47 514 517 Bush Boake Allen Inc. 20 447 525 Bush Inds. Inc. Com. 36 624 681 Butler Mfg. Co. Del. 6 236 235 CB Bancshares Inc. 4 127 125 CBT Group PLC ADR 13 708 712 CDI Corp. Com. 11 319 317 CKE Restaurants Inc. Com. 18 518 619 CMAC Invt. Corp. Com. 21 793 767 CMC Inds. Inc. 9 98 85 CMI Corp. Okla. CL A 75 366 339 CML Group Inc. 88 596 296 CTS Corp. 1 52 55 CUC Intl. Inc. Com. 34 706 820 CUNO Inc. Com. 23 315 338 CVS Corp. 17 636 710 Caci Intl. Inc. CL A 11 221 226 California Microwave Inc. Com. 51 757 751 California Wtr. Svc. Co. 8 292 340 Calmat Co. Com. 20 361 370 Camco Intl. Inc. Com. 53 1,845 2,404 Cameron Ashley Bldg. Prods. Inc. 2 30 27 Canandaigua Wine Inc. CL A 18 495 515 Cape Cod BK & TR Co. Hyannis MA 5 108 102 Capital One Finl. Corp. 24 828 852 Capitol Bancorp LTD 7 106 105 Capstone Pharmacy Svcs. Inc. Com. 43 458 479 Capstar Hotel Co. 51 977 982 Carematrix Corp. 14 195 192 Caretenders Healthcorp Com. 7 44 44 Caribiner Intl. Inc. 33 1,450 1,612 Carlisle Cos. Inc. Com. 12 670 737 Carmike Cinemas Inc. CL A 11 282 272 Carson Inc. CL A 12 181 165 Carson Pirie Scott & Co. Ill Com. 8 225 205
24 Schedule I (Cont'd) EASTMAN KODAK EMPLOYEES' SAVINGS AND INVESTMENT PLAN SCHEDULE OF INVESTMENTS December 30, 1996 (in thousands)
Principal Amount or Fair Description Shares Cost Value ----------- --------- ---- -------- SMALLER STOCK FUND (Cont'd) Common Stocks (Cont'd) Catellus Dev. Corp. Com. 66 529 742 Catherines Stores Corp. Com. 61 400 350 Cavco Inds. Inc. 5 107 137 Centocor Inc. Com. 17 486 608 Central European Media Enterprises LTD Com. 30 839 907 Central Newspapers Inc. CL A 4 149 174 Central Tractor Farm & Ctry. Inc. 12 166 167 Century Alum Co. 21 330 352 Century Tel. Enterprises Inc. 100 3,094 3,116 Champion Enterprises Inc. Com. 68 1,363 1,362 Channell Coml. Corp. 11 118 121 Charles J. W. Finl. Svcs. Inc. 3 27 33 Chart House Enterprises Inc. Com. 44 254 222 Chattem Inc. Com. 10 90 88 Checkpoint Svcs. Inc. Com. 62 1,477 1,473 Chemed Corp. 5 204 195 Cherry Corp. CL A 40 416 670 Chock Full O Nuts Corp. 91 526 443 Chris Craft Inds. Inc. Com. 14 561 547 Cleveland Cliffs Inc. 9 418 418 Coachmen Inds. Inc. 16 400 458 Cognitronics Corp. 8 33 28 Cole Nate Corp. New CL A 13 299 323 Comdisco Inc. Del. Com. 18 524 579 Commerce Bancshares Inc. 18 820 868 Commercial Assets Inc. 17 105 109 Commercial BK NY 2 27 26 Commercial Fed. Corp. 21 1,006 980 Commercial Intertech Corp. Com. 51 544 701 Commercial Metals Co. 4 131 132 Commonwealth Energy Sys. SH Ben. Int. 16 402 389 Community BK Sys. Inc. Com. 3 128 123 Community First Bankshares Inc. Com. 10 267 277 Compass Bancshares Inc. 6 197 214 Compression Labs Inc. 50 348 184 Computer Data Sys. Inc. 2 51 52
25 Schedule I (Cont'd) EASTMAN KODAK EMPLOYEES' SAVINGS AND INVESTMENT PLAN SCHEDULE OF INVESTMENTS December 30, 1996 (in thousands)
Principal Amount or Fair Description Shares Cost Value ----------- --------- ---- -------- SMALLER STOCK FUND (Cont'd) Common Stocks (Cont'd) Computer Task Group Inc. Com. 8 324 330 Computervision Corp. New 49 404 447 Comstock Res. Inc. New 20 252 258 Comverse Technology Inc. Com. 23 758 850 Concurrent Computer Corp. New New 148 246 264 Cone MLS Corp. N C 138 1,130 1,088 Congoleum Corp. CL A 56 627 781 Conseco Inc. Com. 18 930 1,163 Contifinancial Corp. 16 640 581 Convest Energy Corp. Tex. 17 104 94 Corrections Corp. Amer. Com. 17 423 510 Cort Business Svcs. Corp. 14 307 285 Credit Accep. Corp. Mich. 44 1,039 1,050 Crown Books Corp. 20 282 209 Cruise Amer. Inc. 5 27 26 Cubic Corp. Com. 7 149 166 Cullen Frost Bankers Inc. Com. 14 429 460 Culligan Water Technologies 1 23 23 Cummins Engine Inc. Com. 3 151 158 Curative Health Svcs. Inc. Com. 24 555 629 DQE Inc. Com. 7 171 194 DST Sys. Inc. Del. 17 554 545 Dallas Semiconductor Corp. 19 406 423 Daniel Inds. Inc. Com. 54 710 745 Danka Business Sys. PLC Sponsor ADR 103 3,514 3,692 Darling Intl. Inc. 6 181 165 Data Gen. Corp. Com. 47 514 711 Dataram Corp. Com. 2 17 18 Davel Communications Group Inc. 3 47 45 Dean Foods Co. 33 932 1,090 Decorator Inds. Inc. Com. 3 33 37 Del Labs Inc. Com. 1 27 27 Delta Woodside Inds. Inc. New 122 817 686 Designer Hldgs. LTD 15 242 231 Destec Energy Inc. 17 259 269 Detroit Diesel Corp. 8 180 178 Dewolfe Cos. Inc. 7 39 38 Dexter Corp. Com. 24 629 768
26 Schedule I (Cont'd) EASTMAN KODAK EMPLOYEES' SAVINGS AND INVESTMENT PLAN SCHEDULE OF INVESTMENTS December 30, 1996 (in thousands)
Principal Amount or Fair Description Shares Cost Value ----------- --------- ---- -------- SMALLER STOCK FUND (Cont'd) Common Stocks (Cont'd) Dialogic Corp. 11 339 352 Digital Sys. Intl. Inc. 9 136 141 Dixie Yarns Inc. 89 618 699 Donnelly Corp. 2 42 41 Doubletree Corp. Com. 12 501 570 Downey Finl. Corp. Com. 38 574 736 Dress Barn Inc. Com. 35 378 530 Duff & Phelps CR Rating Co. 6 147 150 Dura Pharmaceuticals Inc. Com. 7 234 316 Durakon Inds. Inc. 86 1,088 1,094 Dynamics Resh. Corp. Com. 10 96 91 ELXSI Corp. New 10 58 53 ESCO Electrs. Corp. Com. TR Rcpt. 12 120 119 ETEC Sys. Inc. 8 283 304 Eagle Food Ctrs. Inc. 1 3 3 Eastern Enterprises 3 111 121 Eaton Vance Corp. Non Vtg. 9 265 425 Eckerd Corp. Del. Com. 2 38 72 Edwards A. G. Inc. Com. 64 1,915 2,175 El Chico Restaurants Inc. 8 64 63 Elcor Corp. Com. 50 1,027 1,075 Electro Rent Corp. 9 211 221 Elsag Bailey Process Auto NV 42 788 735 Encore Wire Corp. 7 112 122 Endosonics Corp. Com. 25 283 369 Energy Ventures Inc. Com. 12 608 622 Enhance Finl. Svcs. Group Inc. 22 607 794 Enron Corp. Com. 8 307 343 Envoy Corp. New Com. 11 387 404 Equitable Iowa Cos. New 12 507 564 Equitrac Corp. 1 11 12 Escalade Inc. 2 17 17 Esterline Technologies Corp. 11 262 296 Evans & Sutherland Computer 21 359 507 Everest Reins. Hldgs. Inc. Com. 20 574 561 Exabyte Corp. Com. 46 623 612 Exar Corp. Com. 25 348 389 F N B Corp. PA Com. 11 255 253 F Y I Inc. 6 122 125
27 Schedule I (Cont'd) EASTMAN KODAK EMPLOYEES' SAVINGS AND INVESTMENT PLAN SCHEDULE OF INVESTMENTS December 30, 1996 (in thousands)
Principal Amount or Fair Description Shares Cost Value ----------- --------- ---- -------- SMALLER STOCK FUND (Cont'd) Common Stocks (Cont'd) Failure Group Inc. 20 99 115 Family Golf Centers Inc. 8 259 249 Fansteel Inc. Del. 45 307 281 Farah Inc. 14 90 105 Farr Co. 1 17 17 Federal Express Corp. Com. 60 1,923 2,677 Federal Mogul Corp. Com. 72 1,513 1,513 Federal Screw WKS Com. 2 65 70 Ferro Corp. 21 576 598 Fibreboard Corp. New 10 347 335 Figgie Intl. Hldgs. Inc. CL A 40 489 475 Filenet Corp. 8 252 248 Financial Sec. Assurn. Hldgs. LTD Com. 9 271 289 Finova Group Inc. Com. 40 2,534 2,484 First Amern. Finl. Corp. Calif. 11 378 446 First Citizens Bancshares Inc. N C CL A 9 655 642 First Empire St. Corp. 3 797 835 First Miss Corp. Com. 5 147 149 First Rep. Bancorp Inc. 9 154 145 1st Source Corp. 3 70 69 First USA Paymentech Inc. 13 426 427 First USA Inc. Com. 63 1,793 2,255 Fiserv Inc. Com. 111 3,526 4,027 Fleetwood Enterprises Inc. Com. 28 995 788 Flightsafety Intl. Inc. 5 247 249 Florida Rock Inds. Inc. 14 427 462 Fluke Corp. 3 126 128 Fluor Daniel/GTI Inc. 33 349 257 Footstar Inc. Com. 1 13 16 Forcenergy Inc. 15 405 542 Forest Labs Inc. CL A Com. 35 1,352 1,130 Foster L. B. Co. CL A 50 191 185 Franklin Select Rlty. TR Com. SER A 10 50 55 Frequency Electrs. Inc. 9 92 110 Frontier Corp. Com. 10 263 220 Frontier Ins. Group Inc. New 3 73 115
28 Schedule I (Cont'd) EASTMAN KODAK EMPLOYEES' SAVINGS AND INVESTMENT PLAN SCHEDULE OF INVESTMENTS December 30, 1996 (in thousands)
Principal Amount or Fair Description Shares Cost Value ----------- --------- ---- -------- SMALLER STOCK FUND (Cont'd) Common Stocks (Cont'd) Fuller H. B. Co. Com. 20 775 928 Furon Co. 40 781 853 G & K Svcs. Inc. 10 336 365 GSE Systems Inc. 6 47 56 Galoob Toys Inc. Com. 33 955 492 Garden Fresh Restaurant Corp. CA Com. 5 48 49 Gaylord Container Corp. CL A 55 403 344 General Binding Corp. Com. 16 420 470 General Datacomm Inds. Inc. Com. 50 537 544 General Growth PPTYS Inc. 26 717 835 Genesco Inc. Com. 83 572 768 Genesis Health Ventures Inc. Com. 10 272 307 Genlyte Group Inc. Com. 1 8 12 Genovese Drug Stores Inc. CL A 14 197 211 Gerber Scientific Inc. 31 423 450 Getchell Gold Corp. 2 102 86 Giant Food Inc. CL A 6 191 221 Gibson Greetings Inc. 33 468 670 Giga Tronics Inc. 6 47 46 Glatfelter P. H. Co. 20 372 360 Glendale Fed. BK Fed. Svgs. BK Calif. New Com. 30 624 690 Global Directmail Corp. 9 401 383 Global Marine Inc. New 14 274 286 Globalstar Telecommunications LTD 8 576 492 Golden Books Family Entmt. Inc. Com. 61 669 681 Good Guys Inc. 55 449 386 Good Mark Foods Inc. 50 856 887 Goodrich B. F. Co. 3 90 106 Gradco Sys. Inc. 2 7 7 Graham Corp. 4 36 33 Granite St. Bankshares Inc. 4 89 89 Graphic Inds. Inc. Com. 4 37 38 Great Lakes Chem. Corp. Com. 1 34 23 Green A. P. Inds. Inc. Com. 11 114 112 Greenbrier Cos. Inc. Com. 10 95 102 Greenfield Inds. Inc. Del. 37 1,028 1,110
29 Schedule I (Cont'd) EASTMAN KODAK EMPLOYEES' SAVINGS AND INVESTMENT PLAN SCHEDULE OF INVESTMENTS December 30, 1996 (in thousands)
Principal Amount or Fair Description Shares Cost Value ----------- --------- ---- -------- SMALLER STOCK FUND (Cont'd) Common Stocks (Cont'd) Greenpoint Finl. Corp. Com. 4 113 203 Grey Advertising Inc. 1 264 279 Griffon Corp. Com. 104 982 1,252 Gtech Hldgs. Corp. Com. 59 1,768 1,876 Guarantee Life Cos. Inc. Com. 12 232 220 Gucci Grp. NV SHS NY Registry 4 294 257 Gundle/SLT Environmental Inc. 88 581 558 HFS Inc. 42 1,597 2,393 HSN Inc. Com. 37 842 897 HUBCO Inc. 2 38 38 Hadco Corp. 10 337 470 Halliburton Co. Com. 7 303 405 Hampshire Group LTD 7 89 91 Hampton Inds. Inc. 10 51 56 Handleman Co. Del. 3 27 26 Handy & Harman Com. 15 248 260 Harborside Healthcare Corp. Com. 17 156 198 Harcourt Gen. Inc. 37 1,611 1,753 Harland John H. Co. Com. 27 841 871 Harley Davidson Inc. Com. 34 1,170 1,530 Harper Group Inc. Com. 25 449 584 Harris Corp. Del. Com. 4 230 282 Harsco Corp. 4 235 288 Harte Hanks Communications Inc. New Com. 20 525 564 Hartmarx Corp. 110 537 605 Harvey Entertainment 1 2 2 Haverty Furniture Cos. Inc. 5 63 59 Health Care & Retirement Corp. Del. 27 727 740 Health Images Inc. Com. 3 37 46 Healthsource Inc. Com. 395 4,381 5,184 Heartland Express Inc. Com. 10 214 227 Heilig Meyers Co. 103 1,621 1,601 Heist C. H. Corp. 3 23 22 Helmerich & Payne Inc. Com. 21 1,162 1,137 Hexcel Corp. New 32 251 513 Hibernia Corp. 30 372 405 Highland Ins. Group Inc. Com. 7 143 145
30 Schedule I (Cont'd) EASTMAN KODAK EMPLOYEES' SAVINGS AND INVESTMENT PLAN SCHEDULE OF INVESTMENTS December 30, 1996 (in thousands)
Principal Amount or Fair Description Shares Cost Value ----------- --------- ---- -------- SMALLER STOCK FUND (Cont'd) Common Stocks (Cont'd) Highwoods PPTYS Inc. Com. 27 828 884 Holly Corp. 7 188 192 Hollywood Park Inc. 46 441 703 Home Health Corp. Amer. Inc. Com. 25 266 291 Home St. Hldgs. Inc. Com. 142 1,814 1,064 Hooper Holmes Inc. Com. 29 245 520 Host Marriot Svcs. Corp. 51 354 468 Host Marriott Corp. Com. 12 132 189 Houghton Mifflin Co. Com. 13 670 747 Houston Expl. Co. 44 764 764 Howell Corp. 3 42 45 Hub Group Inc. CL A 20 480 507 Huffy Corp. Com. 50 690 714 Hunt J. B. Trans. Svcs. Inc. 1 21 17 IBP Inc. Com. 6 160 145 ICG Communications Inc. Com. 111 2,323 1,911 IDEC Pharmaceuticals Corp. Com. 24 560 567 IPC Information Sys. Inc. 7 109 102 IQ Software Corp. 5 120 116 I STAT Corp. Com. 22 546 535 Illinova Corp. Com. 65 1,786 1,809 Imo Inds. Inc. 84 528 251 Imperial Credit Inds. 56 1,050 1,129 Inacom Corp. 11 375 445 Indus. Group Inc. 36 740 891 Infinity Broadcasting Corp. CL A 5 146 178 Information Res. Inc. 21 260 298 Insituform East Inc. 10 30 27 Insituform Technologies Inc. CL A 58 480 421 Instron Corp. 1 12 12 Insurance Auto Auctions Inc. 11 111 102 Inter Regl. Finl. Group Inc. 12 279 412 Intergraph Corp. 45 455 478 Interleaf Inc. 51 157 96 International Specialty Prods. Inc. 22 263 267 Intertan Inc. 85 543 391 Intuit Com. 55 2,242 1,734 JLG Inds. Inc. Com. 83 1,404 1,286
31 Schedule I (Cont'd) EASTMAN KODAK EMPLOYEES' SAVINGS AND INVESTMENT PLAN SCHEDULE OF INVESTMENTS December 30, 1996 (in thousands)
Principal Amount or Fair Description Shares Cost Value ----------- --------- ---- -------- SMALLER STOCK FUND (Cont'd) Common Stocks (Cont'd) James Riv. Corp VA Com. 1 9 10 Jefferies Group Inc. 11 385 433 John Alden Finl. Corp. Com. 29 569 542 John Nuveen Co. CL A 8 177 197 Juno LTG Inc. 40 630 620 Justin Inds. Inc. 40 431 460 K Swiss Inc. CL A 19 287 186 K Tron Intl. Inc. 4 42 41 K2 Inc. Com. 23 594 613 Kaman Corp. CL A 118 1,345 1,533 Kansas City Life Ins. Co. 1 64 71 Kansas City Southn. Inds. Inc. Com. 94 3,929 4,207 Katy Inds. Inc. 10 127 145 Keane Inc. 6 148 175 Kellwood Co. 35 581 702 Kelly Svcs. Inc. CL A 35 955 942 Kerr McGee Corp. 1 23 29 Keystone Heritage Group Inc. 4 92 92 Kimball Intl. Inc. CL B 16 653 652 King World Prodtns. Inc. Com. 22 801 807 Kitty Hawk Inc. 24 300 249 Knight Ridder Inc. 117 3,898 4,636 LCI Intl. Inc. Com. 241 5,925 5,009 LTV Corp. New Com. 36 384 419 La Quinta Inns Inc. 71 1,353 1,343 Lafarge Corp. 2 37 39 Lakeview Finl. Corp. 4 101 108 Lamson & Sessions Co. 44 318 324 Lancaster Colony Corp. Com. 34 1,473 1,529 Lear Corp. Com. 10 356 336 Lee Enterprises Inc. Com. 9 199 203 Lennar Corp. Com. 78 1,901 2,102 Leslie Bldg. Prods. Inc. 21 25 65 Lexington Corp. PPTYS Inc. 1 18 20 Lexmark Intl. Group Inc. CL A 119 2,739 3,109 Libbey Inc. Com. 29 764 760 Liberty Finl. Cos. Inc. Com. 6 190 246 Liberty Homes CL A 6 83 78
32 Schedule I (Cont'd) EASTMAN KODAK EMPLOYEES' SAVINGS AND INVESTMENT PLAN SCHEDULE OF INVESTMENTS December 30, 1996 (in thousands)
Principal Amount or Fair Description Shares Cost Value ----------- --------- ---- -------- SMALLER STOCK FUND (Cont'd) Common Stocks (Cont'd) Liberty Technologies Inc. 11 34 34 Life RE Corp. Com. 11 398 417 Life Technologies Inc. Com. New 12 282 310 Lindberg Corp. 1 1 1 Liposome Inc. Com. 30 542 598 Little Switz Inc. 37 254 169 Litton Inds. Inc. Com. 3 106 128 Liuski Intl. Inc. 11 27 19 Loehmann's Inc. Com. New 16 470 364 Logicon Inc. Com. 11 424 395 Longs Drug Stores Corp. Com. 13 599 611 Louis Dreyfus Nat. Gas Corp. Com. 4 64 63 Louisiana Pac. Corp. Com. 47 1,097 1,022 Lowrance Electrs. Inc. 7 52 70 Lubys Cafeterias Inc. Com. 20 451 424 Lufkin Inds. Inc. Com. 28 547 703 Lunar Corp. 18 581 644 MFS Communication Co. Inc. Com. 5 224 278 MFRI Inc. Com. 9 71 72 MGM Grand Inc. 13 482 453 ML Bancorp Inc. Com. 18 261 254 MMI Cos. Inc. Com. 10 304 307 MTL Inc. 6 122 115 MTS Sys. Corp. 11 232 229 MYR Group Inc. 1 11 13 Mac Frugals Bargains Close Outs Inc. Com. 21 286 543 Macdermid Inc. 7 244 197 Macneal Schwendler Corp. 71 692 541 Magnetek Inc. Com. 127 1,502 1,656 Mahaska Invt. Co. 4 82 80 Marcam Corp. 52 633 651 Mark VII Inc. Com. 6 169 162 Marlton Technologies Inc. 10 40 37 Marquette Med. Sys. Inc. 14 228 305 Massbank Corp. Reading Mass. Com. 2 74 76 Maxwell Shoe Inc. CL A 9 60 60 Maxwell Technologies Inc. 29 203 632 Max & Ermas Restaurants Inc. 9 62 59
33 Schedule I (Cont'd) EASTMAN KODAK EMPLOYEES' SAVINGS AND INVESTMENT PLAN SCHEDULE OF INVESTMENTS December 30, 1996 (in thousands)
Principal Amount or Fair Description Shares Cost Value ----------- --------- ---- -------- SMALLER STOCK FUND (Cont'd) Common Stocks (Cont'd) Maxicare Health Plans Inc. New 20 415 455 McClain Inds. Inc. 1 5 5 McClatchy Newspapers Inc. CL A 35 934 1,215 McLeod Inc. 27 777 694 Measurex Corp. Com. 19 443 456 Media Gen. Inc. CL A 18 557 550 Medimmune Inc. 26 392 443 Medquist Inc. Com. 1 16 17 Medpartners Inc. New Com. 100 2,122 2,030 Mentor Corp. Minn. Com. 29 814 839 Mercantile Bankshares Corp. 8 255 248 Mercantile Stores Inc. Com. 9 468 455 Meredith Corp. Com. 8 251 406 Methode Electrs. Inc. CL A 38 746 722 Meyer Fred Inc. Del. Com. 24 793 868 Micros Sys. Inc. Com. 22 654 682 Microage Inc. Com. 15 356 306 Microchip Technology Inc. Com. 7 344 347 Midcom Communications 40 459 356 Midconn BK Kensington Conn. 2 48 47 Midwest Express Hldgs. Inc. 7 213 234 Midway Games Inc. 11 231 211 Mine Safety Appliances Co. 1 14 15 Minerals Technologies Inc. Com. 75 2,503 3,066 Mitchell Energy & Dev. Corp. CL B 37 754 839 Molex Inc. CL A 1 2 2 Money Store Inc. Com. 12 347 327 Montana Pwr. Co. Com. 5 108 105 Moog Inc. CL A 8 178 177 Moore Med. Corp. 18 209 180 Morgan Keegan Inc. 18 302 304 Morrison Health Care Inc. Com. 46 583 670 Morrison Fresh Cooking Inc. Com. 52 344 242 Mortons Restaurant Group Inc. 8 114 126 Mosinee Paper Corp. 10 320 375 Movado Group Inc. Com. 7 178 185 Mueller Paul Co. 1 12 11 Mueller Inds. Inc. Com. 16 627 599 Multicare Cos. Inc. 19 352 378
34 Schedule I (Cont'd) EASTMAN KODAK EMPLOYEES' SAVINGS AND INVESTMENT PLAN SCHEDULE OF INVESTMENTS December 30, 1996 (in thousands)
Principal Amount or Fair Description Shares Cost Value ----------- --------- ---- -------- SMALLER STOCK FUND (Cont'd) Common Stocks (Cont'd) NBT Bancorp Inc. 10 180 171 NCI Bldg. Sys. Inc. Com. 20 595 696 Nabisco Hldgs. Corp. CL A 32 977 1,244 Nashua Corp. 24 447 296 National Bancorp Alaska Inc. 4 315 310 National Beverage Corp. Com. 23 178 202 National City Bancorporation 8 171 168 National Computer Sys. Inc. Com. 46 989 1,155 National Data Corp. Com. 55 2,188 2,386 National Home Health Care Corp. 4 23 21 National Picture & Frame Co. 75 729 696 National Semiconductor Corp. Com. 9 225 219 National Svc. Inds. Inc. 26 878 980 National Westn. Life Ins. Co. 1 85 89 Neiman Marcus Group Inc. Com. 13 400 335 Nelson Thomas Inc. 41 475 600 Network Appliance Inc. Com. 5 185 246 Network Equip. Technologies 20 301 315 Network Gen. Corp. Com. 51 1,269 1,479 New Brunswick Scientific Inc. 7 51 46 New England Elec. Sys. Com. 25 865 885 New Milford BK & TR Co. Com. 5 66 65 Newell Co. Com. 26 671 845 Newmill Bancorp Inc. 8 70 70 Nice Systems LTD Sponsored ADR 16 293 283 Noble Drilling Corp. Com. 75 1,380 1,518 Nordson Corp. 6 350 391 Norstan Inc. 11 183 190 Nortek Inc. 11 171 223 North Amern. Vaccine Inc. Com. 15 353 355 North Face Inc. 19 443 372 Northwest Pipe Co. Com. 28 431 448 Novacare Inc. 118 998 1,298 Nuevo Energy Co. 45 1,949 2,351 O Charleys Inc. 6 65 74 OEA Inc. 35 1,407 1,602 OHM Corp. 64 566 531 Oakwood Homes Corp. N C Com. 21 460 478 Ocwen Finl. Corp. 13 338 348
35 Schedule I (Cont'd) EASTMAN KODAK EMPLOYEES' SAVINGS AND INVESTMENT PLAN SCHEDULE OF INVESTMENTS December 30, 1996 (in thousands)
Principal Amount or Fair Description Shares Cost Value ----------- --------- ---- -------- SMALLER STOCK FUND (Cont'd) Common Stocks (Cont'd) Office Depot Inc. Com. 5 109 86 Oilgear Co. Com. 3 44 42 Old Rep. Intl. Corp. Com. 126 3,359 3,323 Omnicare Inc. 21 634 660 Onbancorp Inc. 7 254 245 Optical Coating Lab Inc. 8 86 83 Orion Cap. Corp. 45 2,177 2,733 Ornda Healthcorp Com. 37 1,081 1,076 Orthodontic Ctrs. Amer. Inc. Com. 41 598 618 Oryx Energy Co. Com. 9 183 226 Oshkosh B Gosh Inc. CL A 2 25 25 Ostex Intl. Inc. Com. 1 2 2 Outboard Marine Corp. Com. 62 1,101 975 Owens & Minor Inc. New 42 428 433 Owosso Corp. 66 504 414 PCA Intl. Inc. 29 464 457 PMI Group Inc. 29 1,402 1,626 PMT Svcs. Inc. Com. 39 790 668 PXRE Corp. Com. 7 170 175 Pacific Enterprises Com. 6 151 192 Pacificare Health Sys. Inc. CL B 15 1,156 1,317 Paine Webber Group Inc. 88 1,531 2,530 Parker Drilling Co. Com. 32 190 316 Patrick Inds. Inc. 8 120 120 Peoples Heritage Finl. Group Inc. Com. 4 73 114 Perini Corp. 19 188 150 Perkin Elmer Corp. Com. 36 1,989 2,127 Perseptive Biosystems Inc. 1 0 0 Perseptive Biosystems Inc. WT To Purchase CL G Exp. 9/11/2003 1 0 0 Personnel Group Amer. Inc. Com. 54 1,207 1,226 Petroleum Geo Svcs. A S Spon. ADR 122 3,570 4,769 Petroleum Helicopters Inc. Non VTG 7 118 112 Phar-Mor Inc. 58 433 332 Pharmhouse Corp. 3 29 29 Philip Environmental Inc. Com. 18 194 257 Philips Electrs. NV N Y SHS 117 4,266 4,665
36 Schedule I (Cont'd) EASTMAN KODAK EMPLOYEES' SAVINGS AND INVESTMENT PLAN SCHEDULE OF INVESTMENTS December 30, 1996 (in thousands)
Principal Amount or Fair Description Shares Cost Value ----------- --------- ---- -------- SMALLER STOCK FUND (Cont'd) Common Stocks (Cont'd) Phymatrix Corp. 14 218 215 Phycor Inc. Com. 12 373 353 Physician Computer Network Inc. 21 170 186 Physicians Resources Group Inc. 18 425 317 Physio Control Intl. Corp. Com. 66 1,314 1,494 Piccadilly Cafeterias Inc. Com. 13 119 122 Pinkertons Inc. New 19 337 480 Pinnacle West Cap. Corp. Com. 3 82 106 Pioneer Group Inc. 173 4,472 4,066 Pioneer Standard Electrs. Inc. 40 465 507 Pitt Desmoines Inc. Com. 1 16 17 Pittston Co. Burlington Group Com. 19 381 378 Planet Hollywood Intl. Inc. CL A 11 254 224 Plenum Publishing Corp. 5 158 159 Plexus Corp. 8 142 129 Ply Gem Inds. Inc. 34 436 423 Polaroid Corp. Com. 10 425 460 Policy Mgmt. Sys. Corp. 2 114 108 Pope & Talbot Inc. 16 257 258 Portec Inc. 17 192 164 Powell Inds. Inc. Com. 7 75 74 Precision Drilling Corp. CL A 3 88 94 Precision Response Corp. 9 331 315 Premark Intl. Inc. Com. 10 220 223 Premiere Technologies Inc. 3 74 84 Primesource Corp. 29 291 216 Primus Telecommunications Group Inc. Com. 26 288 332 Proffits Inc. Com. 10 393 373 Progressive Corp. Ohio Com. 15 768 1,048 Providence Energy Corp. 2 36 37 Provident Cos. Inc. Com. 41 1,841 2,018 Public Svc. Co. Colo. Com. 2 68 74 Public Svc. Co. N. Mex. Com. 6 112 125 Pulitzer Pubg. Co. Com. 6 300 291 QMS Inc. 43 232 226 Quaker Chem. Corp. Com. 42 565 674 Quaker Oats Co. Com. 56 1,782 2,163
37 Schedule I (Cont'd) EASTMAN KODAK EMPLOYEES' SAVINGS AND INVESTMENT PLAN SCHEDULE OF INVESTMENTS December 30, 1996 (in thousands)
Principal Amount or Fair Description Shares Cost Value ----------- --------- ---- -------- SMALLER STOCK FUND (Cont'd) Common Stocks (Cont'd) Quanex Corp. 1 21 22 Quantum Corp. Com. 44 1,046 1,251 Questar Corp. 8 248 314 Quick & Reilly Group Inc. Com. 3 87 99 Quipp Inc. 5 50 46 Quixote Corp. 12 117 116 Quorum Health Group Inc. Com. 53 1,478 1,532 RPC Inc. 6 92 91 Ralston Purina Co.-Ralston Purina Group 23 870 1,702 Raptor Sys. Inc. Com. 16 362 306 Rational Software Corp. New Com. 33 1,297 1,303 Raymond Corp. 35 620 599 Raymond James Finl. Inc. Com. 15 416 459 Rayonier Inc. Com. 110 4,225 4,221 Raytel Med. Corp. Com. 30 289 304 Read Rite Corp. Com. 1 7 7 Reading & Bates Corp. New Com. 51 1,508 1,364 Reality Income Corp. 28 680 676 Red Roof Inns Inc. 13 203 197 Regal Cinemas Inc. 17 544 496 Regency Rlty. Corp. 12 304 314 Registry Inc. 14 641 634 Renaissance Hotel Group 19 230 313 Renaissance Solutions Inc. Com. 24 828 1,044 Renal Care Group Inc. 11 354 349 Renal Treatment Ctrs. Inc. Com. 35 980 888 Renters Choice Inc. 59 1,091 869 Republic Group Inc. Com. 12 208 183 Republic Inds. Inc. Com. 7 101 206 Resource Amer. Inc. New 5 69 84 Revco D S Inc. New 45 1,432 1,596 Rex Stores Corp. 19 157 157 Rexhall Inds. Inc. 1 11 11 Reynolds & Reynolds Co. CL A 54 1,198 1,394 Richardson Electrs. LTD 35 201 284 Riser Foods Inc. CL A 10 272 308 Roadway Express Inc. Del. 16 272 307 Robert Half Intl. Inc. Com. 55 2,186 1,880
38 Schedule I (Cont'd) EASTMAN KODAK EMPLOYEES' SAVINGS AND INVESTMENT PLAN SCHEDULE OF INVESTMENTS December 30, 1996 (in thousands)
Principal Amount or Fair Description Shares Cost Value ----------- --------- ---- -------- SMALLER STOCK FUND (Cont'd) Common Stocks (Cont'd) Robinson Nugent Inc. 1 5 5 Rochester Gas & Elec. Corp. Com. 19 371 372 Rock-Tenn. Co. CL A 21 424 416 Rogers Corp. 21 490 570 Rollins Inc. 35 661 696 Romac Intl. Inc. 14 337 308 Roper Inds. Inc. New Com. 30 1,282 1,189 Rotech Med. Corp. Com. 25 407 534 Royal Bank of PA CL A 11 117 122 Ruby Tuesday Inc. 18 294 325 Ruddick Corp. Com. 20 264 278 Rykoff S E & Co. 61 903 973 SCI Sys. Inc. Com. 24 1,369 1,100 SJW Corp. 1 14 14 SPS Technologies Inc. 9 217 605 SPX Corp. 12 352 476 Saks Holdings Inc. 10 331 260 Samsonite Corp. 11 413 414 Sands Regent 11 29 32 Sanmina Corp. Com. 16 705 884 Santa Cruz Operation Inc. 71 473 500 Santa Fe Energy Res. Inc. Com. 26 238 377 Sbarro Inc. Com. 12 313 300 Scandinavia Inc. 1 1 1 Schawk Inc. CL A 45 390 365 Scherer R. P. Corp. Del. 25 1,050 1,261 Scholastic Corp. 13 749 868 Schult Homes Corp. 5 117 124 Scotsman Inds. Inc. 5 119 120 Scotts Co. CL A 40 730 790 Sea Containers LTD CL A 29 449 445 Seagram LTD Com. 10 267 403 Seacor Holdings Inc. 16 1,031 1,031 Seagull Energy Corp. Com. 16 368 356 Seaway Food Town Inc. 4 101 102 Selas Corp. Amer. 2 35 37 Selective Ins. Group Inc. Com. 3 87 99 Shelter Components Corp. 12 148 147 Sheridan Healthcare Inc. 2 12 10
39 Schedule I (Cont'd) EASTMAN KODAK EMPLOYEES' SAVINGS AND INVESTMENT PLAN SCHEDULE OF INVESTMENTS December 30, 1996 (in thousands)
Principal Amount or Fair Description Shares Cost Value ----------- --------- ---- -------- SMALLER STOCK FUND (Cont'd) Common Stocks (Cont'd) Sherwood Group Inc. 15 158 156 Shiloh Inds. Inc. 8 137 126 Shopko Stores Inc. Com. 27 349 413 Sholodge Inc. 37 496 473 Sigma Aldrich Corp. 16 919 946 Silicon Valley Bancshares 20 590 630 Siliconix Inc. New 12 263 262 Skyline Corp. 11 288 263 Skywest Inc. Com. 40 556 545 Smithfield Foods Inc. 22 730 845 Snap On Inc. Com. 5 149 169 Snyder Oil Corp. 1 23 24 Sofamor Danek Group Inc. Com. 12 317 360 Software Spectrum Inc. 10 250 299 Solectron Corp. 5 294 266 Southdown Inc. 15 474 475 Southwest Secs. Group Inc. 11 144 160 Spacelabs Med. Inc. Com. 40 928 846 Specialty Paperboard Inc. Com. 5 85 93 Spelling Entmt. Group Inc. 68 574 491 Sphere Drake Holdings LTD SHS 53 596 479 Spiegel Inc. CL A Non-VTG 52 448 385 Springs Inds. Inc. CL A 1 59 56 Standard Fed. Bancorpation Inc. Com. 13 454 722 Standard Microsystems Corp. 56 647 503 Standard Register Co. Com. 14 394 462 Stanley Furniture Inc. New 4 57 64 Stanhome Inc. VTG 27 839 718 Stant Corp. Com. 22 250 329 Star Banc Corp. 3 156 250 Starrett L. S. Co. CL A 7 205 207 Stepan Chem. Co. Com. 8 148 167 Steris Corp. Com. 15 518 636 Sterling Bancorp Com. 6 92 94 Sterling Comm. Inc. Com. 18 569 635 Stewart Enterprises Inc. CL A 28 685 937 Stewart Information Svcs. Corp. 8 165 162 Storage Technology Corp Com. 50 2,394 2,389
40 Schedule I (Cont'd) EASTMAN KODAK EMPLOYEES' SAVINGS AND INVESTMENT PLAN SCHEDULE OF INVESTMENTS December 30, 1996 (in thousands)
Principal Amount or Fair Description Shares Cost Value ----------- --------- ---- -------- SMALLER STOCK FUND (Cont'd) Common Stocks (Cont'd) Stratus Computer Inc. 6 165 163 Strober Organization Inc. 11 63 62 Structural Dynamics Resh. Corp. 19 378 376 Suffolk Bancorp 4 150 152 Sun Healthcare Group Inc. 34 422 432 Sundstrand Corp. Com. 25 967 1,059 Sunglass Hut Intl. Inc. Com. 52 380 367 Sunrise Med. Inc. Com. 20 284 310 Swift Transn. Inc. 15 326 349 Sybron Chem. Inc. 36 591 558 Sybron Intl. Corp. Com. 35 830 1,089 Symix Sys. Inc. 8 63 64 Synbiotics Corp. 1 2 2 TIG Hldgs. Inc. Com. 56 1,461 1,918 TRC Cos. Inc. 15 67 67 Tab Prods. Co. 1 11 12 Tandem Computers Inc. Com. 102 1,384 1,387 Tandycrafts Inc. 85 624 533 Taubman Centers Inc. 25 313 322 Tecumseh Prods. Co. CL B 15 809 857 Tel. Save Hldgs. Inc. Com. 48 1,069 1,355 Teleflex Inc. Com. 16 802 851 Teletech Hldgs. Inc. 14 443 348 Telxon Corp. 34 446 406 Terra Inds. Inc. 34 506 502 Tetra Technologies Inc. Del. 31 783 774 Tetra Tech. Inc. New 33 686 634 Texas Inds. Inc. Com. 10 545 487 Texas Regl. Bancshares Inc. CL A VTG 15 513 514 Thermatrix Inc. Com. 28 262 250 Thomas Inds. Inc. 12 231 251 Thornburg Mtg. Asset Corp. Com. 18 323 372 360 Communications Co. Com. 205 4,751 4,920 Timken Co. 21 967 973 Titanium Metals Corp. Com. 18 424 592 Tokheim Corp. 35 296 289 Topps Inc. 117 601 517 Toro Co. 4 147 151
41 Schedule I (Cont'd) EASTMAN KODAK EMPLOYEES' SAVINGS AND INVESTMENT PLAN SCHEDULE OF INVESTMENTS December 30, 1996 (in thousands)
Principal Amount or Fair Description Shares Cost Value ----------- --------- ---- -------- SMALLER STOCK FUND (Cont'd) Common Stocks (Cont'd) Tower Automotive Inc. 11 330 330 Toy Biz Inc. 12 213 229 Tracor Inc. New Com. 22 480 473 Trans World Entmt. Corp. 14 115 106 Transitional Hosps. Corp. Com. 48 405 453 Transocean Offshore Inc. Com. 1 77 75 Tranzonic Cos. Class A 6 102 102 Tredegar Inds. Inc. 8 329 305 Tridex Corp. 7 90 93 Trinet Corp. Rlty. TR Inc. Com. 12 394 397 Trizec Hahn Corp. Sub VTG 115 1,589 2,501 True North Communications Inc. Com. 26 518 560 Twin Disc Inc. Com. 3 63 63 Tyco Intl. LTD Com. 16 620 849 UCAR Intl. Inc. Com. 11 418 396 UMB Finl. Corp. 14 532 562 UNC Inc. 63 453 669 URS Corp. New 4 29 32 USA Waste Svcs. Inc. Com. 51 1,470 1,593 USG Corp. New Com. 76 1,851 2,556 UST Inc. Com. 28 856 945 USX Delh. Group Com. 11 151 176 Unifi Inc. 35 961 1,138 Union Acceptance Corp. CL A 19 357 328 Union Corp. 2 49 51 Union Tex. Pete Hldgs. Inc. Com. 74 1,687 1,688 Unionbancal Corp. 3 173 170 Uniphase Corp. 7 359 355 Unison Software Inc. Com. 20 560 520 United Healthcare Corp. Com. 66 2,220 2,978 United Wtr. Res. 9 134 135 Universal Foods Corp. Com. 20 723 710 Universal Health Svcs. Inc. CL B 5 109 144 Uslife Corp. Com. 27 802 874 VLSI Technology Inc. Com. 10 127 241 VWR Scientific Products Corp. 27 301 454 Varsity Spirit Corp. 59 795 938 Viacom Inc. Class A 2 66 74
42 Schedule I (Cont'd) EASTMAN KODAK EMPLOYEES' SAVINGS AND INVESTMENT PLAN SCHEDULE OF INVESTMENTS December 30, 1996 (in thousands)
Principal Amount or Fair Description Shares Cost Value ----------- --------- ---- -------- SMALLER STOCK FUND (Cont'd) Common Stocks (Cont'd) Viatel Inc. 25 227 225 Vicorp Restaurants Inc. 41 607 513 Viewlogic Sys. Inc. Com. 30 329 331 Viking Office Prods. Inc. 15 448 386 Village Super Mkt. Inc. CL A New 2 18 16 Virco Mfg. Co. 1 4 4 Vista Bancorp Inc. 8 106 99 Visx Inc. Del. 19 509 428 Vivra Inc. Com. 10 331 270 Vmark Software Inc. Com. 60 531 424 Vons Cos. Inc. Com. 4 79 218 Vulcan Matls. Co. Com. 4 227 230 WFS Financial Inc. 7 156 134 WMX Technologies Inc. Com. 50 1,230 1,669 WSFS Finl. Corp. 3 30 31 Waban Inc. Com. 37 956 961 Wainwright BK & TR Co. Boston Mass. 3 21 19 Wallace Computer Svcs. Inc. 35 1,129 1,225 Wang Labs Inc. New Com. 74 1,527 1,467 Warnaco Group Inc. CL A 70 1,438 2,065 Warren Bancorp Inc. 3 38 39 Washington Federal Inc. 1 1 2 Watson Pharmaceuticals Inc. Com. 14 545 616 Watts Inds. Inc. CL A 18 393 425 Wausau Paper Mls. Co. Com. 25 501 463 Weatherford Enterra Inc. 42 1,304 1,271 Wendys Intl. Inc. Com. 105 2,253 2,238 Werner Enterprises Inc. 13 221 229 West Inc. 15 423 424 Westamerica Bancorporation Com. 10 513 578 Westbridge Cap. Corp. 11 88 105 Western Beef Inc. Del. Com. 2 18 18 Western Digital Corp. Del. Com. 21 1,172 1,191 Weston Roy F. Inc. New Ser. A 52 331 190 Weyco Group Inc. 1 54 52 Williams Clayton Energy Inc. 13 204 230 Wilmar Inds. Inc. Com. 10 238 253 Winnebago Inds. Inc. 65 503 472
43 Schedule I (Cont'd) EASTMAN KODAK EMPLOYEES' SAVINGS AND INVESTMENT PLAN SCHEDULE OF INVESTMENTS December 30, 1996 (in thousands)
Principal Amount or Fair Description Shares Cost Value ----------- --------- ---- -------- SMALLER STOCK FUND (Cont'd) Common Stocks (Cont'd) Wiser Oil Co. 10 186 200 Worthington Inds. Inc. Com. 59 1,147 1,123 Wyman Gordon Co. 29 392 635 Wynns Intl. Inc. 11 318 354 Xilinx Inc. Com. 8 345 297 York Intl. Corp. New Com. 8 419 428 Zeigler Coal Hldg. Co. Com. 17 324 351 Zenith Electrs. Corp. Com. 41 452 477 Zenith Natl. Ins. Corp. 2 53 55 Zero Corp. 25 395 506 Zurn Inds. Inc. 105 2,200 2,756 -------- -------- Total $452,164 $483,481 ======== ======== U.S. Government Securities 1,500 $ 1,480 $ 1,480 ======== ======== Common/Collective Trusts TBC Inc. Daily Liquidity Fund $54,866 $ 54,866 $ 54,866 ======== ========
44 Schedule I (Cont'd) EASTMAN KODAK EMPLOYEES' SAVINGS AND INVESTMENT PLAN SCHEDULE OF INVESTMENTS December 30, 1996 (in thousands)
Maturity Interest Contract Description Dates Rates Value ----------- -------- -------- -------- FIXED INCOME FUND Group Annuity Contracts Aetna Life Insurance Co. 01/03/01-04/01/03 6.72%- 9.25% $ 732,163 Bankers Trust 12/31/02 7.58% 101,586 Continental Assurance Co. 01/02/97-03/01/01 8.86%- 9.42% 156,972 John Hancock Mutual Life Insurance Co. 09/02/97-10/03/02 8.84%-10.10% 767,023 Lehman 06/15/99 8.53% 70,500 New York Life Insurance Co. 01/16/97-10/01/07 5.83%- 8.39% 285,565 Principal Mutual Life Insurance Co. 11/23/03-11/15/07 6.85%- 7.70% 359,757 Provident National Assurance Co. 12/01/00 8.40% 80,182 The Prudential Life Insurance Co. of America 03/02/98-10/02/06 7.75%- 9.21% 477,180 Mitsubishi Bank Limited 07/02/98 9.39% 79,034 ---------- Total $3,109,962 ==========
Principal Amount or Fair Description Shares Cost Value ----------- --------- ---- -------- Common/Collective Trusts TBC Inc. Daily Liquidity Fund $22,847 $22,847 $22,847 ======= =======
45 Schedule I (Cont'd) EASTMAN KODAK EMPLOYEES' SAVINGS AND INVESTMENT PLAN SCHEDULE OF INVESTMENTS December 30, 1996 (in thousands)
Principal Amount or Fair Description Shares Cost Value ----------- --------- ---- -------- BALANCED MUTUAL FUND Fidelity Puritan Fund 6,629 $108,500 $115,749 ======== ======== Common/Collective Trust TBC Inc. Daily Liquidity Fund $ 264 $ 264 $ 264 ======== ======== LARGE STOCK INDEX FUND Common/Collective Trust S&P 500 Flagship Fund 1,320 $160,667 $160,367 TBC Inc. Daily Liquidity Fund $ 374 374 374 -------- -------- Total $161,041 $160,741 ======== ======== INTERNATIONAL STOCK FUND Common/Collective Trusts Russell Frank Invt. Co. Int'l. Fd. 4,120 $ 68,568 $ 76,742 Russell Frank Invt. Co. Emerging Mkts. Fd. 428 7,602 8,566 TBC Inc. Daily Liquidity Fund $ 203 203 203 -------- -------- Total $ 76,373 $ 85,511 ======== ========
46 Schedule I (Cont'd) EASTMAN KODAK EMPLOYEES' SAVINGS AND INVESTMENT PLAN SCHEDULE OF INVESTMENTS December 30, 1996 (in thousands)
Principal Amount or Fair Description Shares Cost Value ----------- --------- ---- -------- FIDELITY FUNDS KODAK STOCK FUND Eastman Kodak Company Common Stock 270 $18,285 $22,224 ======= ======= EASTMAN STOCK FUND Eastman Chemical Company Common Stock 828 $51,114 $46,277 ======= ======= Short-Term Interest Fund $938 $ 938 $ 938 ======= =======
Maturity Interest Contract Description Dates Rates Value ----------- -------- -------- -------- *FIDELITY MANAGED INCOME PORTFOLIO (FIXED INCOME FUND) Group Annuity Contracts Aetna Life Insurance Co. 01/03/01-04/01/03 6.72%- 9.25% $ 70,279 Continental Assurance Co. 01/02/97-03/01/01 8.86%- 9.42% 17,734 Deutsche Bank 01/15/97-05/15/99 6.01%- 6.35% 19,910 John Hancock Mutual Life Insurance Co. 09/01/97-10/03/01 8.84%-10.10% 89,307 Mitsubishi Bank Limited 07/02/98 8.98% 8,922 New York Life 03/31/98 6.20% 5,399 Protective Life 03/31/97 7.05% 11,260 Provident National Assurance Co. 02/02/02 8.40% 8,421 The Prudential Life Insurance Co. of America 03/01/98 9.21% 8,724 Peoples Security Life 12/15/97-07/31/99 6.62%- 7.12% 24,197 Security Life of Denver 03/31/99 6.41% 9,114 SunAmerica Life Insurance 06/30/97 6.45% 14,269 Transamerica 06/30/97 5.35% 10,499 -------- Total $298,035 ======== *Investment held by Related Party.
47 Schedule I (Cont'd) EASTMAN KODAK EMPLOYEES' SAVINGS AND INVESTMENT PLAN SCHEDULE OF INVESTMENTS December 30, 1996 (in thousands)
Principal Amount or Fair Description Shares Cost Value ----------- --------- ---- -------- *FIDELITY MANAGED INCOME PORTFOLIO (FIXED INCOME FUND) (Cont'd) Short-Term Interest Fund $13,749 $13,749 $13,749 ======= ======= *FIDELITY FUND Fidelity Fund 611 $13,056 $15,318 ======= ======= *FIDELITY PURITAN FUND Puritan Fund 1,101 $18,087 $19,228 ======= ======= *FIDELITY MAGELLAN FUND Magellan Fund 464 $34,351 $37,801 ======= ======= *FIDELITY CONTRAFUND Contrafund 600 $21,174 $25,479 ======= ======= *FIDELITY INTERNATIONAL GROWTH & INCOME FUND International Growth & Income Fund 86 $ 1,625 $ 1,677 ======= ======= *FIDELITY U.S. EQUITY INDEX FUND U.S. Equity Index Fund 127 $ 3,199 $ 3,470 ======= ======= *Investment held by Related Party.
48 Schedule II EASTMAN KODAK EMPLOYEES' SAVINGS AND INVESTMENT PLAN ALLOCATION OF NET ASSETS TO INVESTMENT FUNDS December 30, 1996 (in thousands)
Kodak Smaller Fixed Balanced Large Stock International Stock Fund Stock Fund Income Fund Mutual Fund Index Fund Stock Fund ---------- ---------- ----------- ----------- ----------- ------------- ASSETS Investments at Fair Value: Eastman Kodak Company common stock $574,683 Other common stocks $483,481 Mutual funds 46,054 $115,749 Interest in common/collective trusts (pooled) funds 1,584 54,866 $ 22,847 264 $160,741 $85,511 Short-term interest funds U.S. government securities 1,480 Investments at Contract Value: Group annuity contracts 3,109,962 Loans to participants 109 272 80 4 5 2 Employer contributions receivable 59 34 21 36 71 14 Dividends/Interest receivable 2,832 613 142 1 1 1 Receivables for securities sold 3,688 Miscellaneous receivable 52 -------- -------- ---------- -------- -------- ------- Total assets 579,267 590,540 3,133,052 116,054 160,818 85,528 -------- -------- ---------- -------- -------- ------- LIABILITIES Pending loans to participants 336 320 782 23 97 43 Distributions payable to participants 1,880 1,416 10,382 257 297 148 Distributions payable to successor plans 7,001 15,036 38,065 3,455 3,732 1,104 Payable for securities purchased 2,906 Accrued expenses 57 675 1,454 279 36 217 Transfers among funds 3,936 (1,569) 6,602 (1,970) (7,377) 378 -------- -------- ---------- -------- -------- ------- Total liabilities/transfers 13,210 18,784 57,285 2,044 (3,215) 1,890 -------- -------- ---------- -------- -------- ------- Net assets $566,057 $571,756 $3,075,767 $114,010 $164,033 $83,638 ======== ======== ========== ======== ======== =======
49 EASTMAN KODAK EMPLOYEES' SAVINGS AND INVESTMENT PLAN Schedule II (Cont'd) ALLOCATION OF NET ASSETS TO INVESTMENT FUNDS December 30, 1996 (in thousands)
Sub-total Loan Boston Kodak Eastman Fidelity Managed Fidelity Fund Safe Funds Stock Fund Stock Fund Income Portfolio Fund -------- ---------- ---------- ---------- ---------------- -------- ASSETS Investments at Fair Value: Eastman Kodak Company common stock $ 574,683 $22,224 Eastman Chemical Company common stock $46,277 Other common stocks 483,481 Mutual funds 161,803 $15,318 Interest in common/collective trusts (pooled) funds 325,813 Short-term interest funds 938 $ 13,749 U.S. government securities 1,480 Investments at Contract Value: Group annuity contracts 3,109,962 298,035 Loans to participants $65,620 66,092 Employer contributions receivable 235 Dividends/Interest receivable 3,590 106 357 Receivables for securities sold 3,688 49 Miscellaneous receivable 52 181 ------- ---------- ------- ------- -------- ------- Total assets 65,620 4,730,879 22,379 47,753 311,784 15,318 ------- ---------- ------- ------- -------- ------- LIABILITIES Pending loans to participants (1,601) 0 Distributions payable to participants 172 14,552 Distributions payable to successor plans 1,367 69,760 22,297 47,287 311,767 15,318 Payable for securities purchased 2,906 432 Accrued expenses 3 2,721 82 34 17 Transfers among funds 0 ------- ---------- ------- ------- -------- ------- Total liabilities/transfers (59) 89,939 22,379 47,753 311,784 15,318 ------- ---------- ------- ------- -------- ------- Net assets $65,679 $4,640,940 $ 0 $ 0 $ 0 $ 0 ======= ========== ======= ======= ======== =======
50 EASTMAN KODAK EMPLOYEES' SAVINGS AND INVESTMENT PLAN Schedule II (Cont'd) ALLOCATION OF NET ASSETS TO INVESTMENT FUNDS December 30, 1996 (in thousands)
Fidelity Fidelity International Puritan Magellan Fidelity Growth & U.S. Equity Loan Fund Fund Contrafund Income Fund Index Portfolio Fund -------- -------- ---------- ------------- --------------- -------- ASSETS Investments at Fair Value: Eastman Kodak Company common stock Eastman Chemical Company common stock Other common stocks Mutual funds $19,228 $37,801 $25,479 $1,677 $3,470 Interest in common/collective trusts (pooled) funds Short-term interest funds U.S. government securities Investments at Contract Value: Group annuity contracts Loans to participants $8,010 Employer contributions receivable Dividends/Interest receivable Receivables for securities sold Miscellaneous receivable ------- ------- ------- ------ ------ ------ Total assets 19,228 37,801 25,479 1,677 3,470 8,010 ------- ------- ------- ------ ------ ------ LIABILITIES Pending loans to participants Distributions payable to participants Distributions payable to successor plans 19,228 37,801 25,479 1,677 3,470 8,010 Payable for securities purchased Accrued expenses Transfers among funds ------- ------- ------- ------ ------ ------ Total liabilities/transfers 19,228 37,801 25,479 1,677 3,470 8,010 ------- ------- ------- ------ ------ ------ Net assets $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 ======= ======= ======= ====== ====== ======
51 EASTMAN KODAK EMPLOYEES' SAVINGS AND INVESTMENT PLAN Schedule II (Cont'd) ALLOCATION OF NET ASSETS TO INVESTMENT FUNDS December 30, 1996 (in thousands)
Sub-total Fidelity TOTAL Investments ALL FUNDS ----------- ----------- ASSETS Investments at Fair Value: Eastman Kodak Company common stock $ 22,224 $ 596,907 Eastman Chemical Company common stock 46,277 46,277 Other common stocks 483,481 Mutual funds 102,973 264,776 Interest in common/collective trusts (pooled) funds 325,813 Short-term interest funds 14,687 14,687 U.S. government securities 1,480 Investments at Contract Value: Group annuity contracts 298,035 3,407,997 Loans to participants 8,010 74,102 Employer contributions receivable 235 Dividends/Interest receivable 463 4,053 Receivables for securities sold 49 3,737 Miscellaneous receivable 181 233 -------- ---------- Total assets 492,899 5,223,778 -------- ---------- LIABILITIES Pending loans to participants 0 Distributions payable to participants 14,552 Distributions payable to successor plans 492,334 562,094 Payable for securities purchased 432 3,338 Accrued expenses 133 2,854 Transfers among funds 0 -------- ---------- Total liabilities/transfers 492,899 582,838 -------- ---------- Net assets $ 0 $4,640,940 ======== ==========
52 Schedule II EASTMAN KODAK EMPLOYEES' SAVINGS AND INVESTMENT PLAN ALLOCATION OF NET ASSETS TO INVESTMENT FUNDS December 30, 1995 (in thousands)
Kodak Smaller Fixed Balanced Large Stock International Stock Fund Stock Fund Income Fund Mutual Fund Index Fund Stock Fund ---------- ---------- ----------- ----------- ----------- ------------- ASSETS Investments at Fair Value: Eastman Kodak Company common stock $480,795 Other common stocks $156,596 Mutual funds 301,479 $83,757 Interest in common/collective trusts (pooled) funds 119 6,917 $71,176 $54,509 Short-term interest funds Investments at Contract Value: Group annuity contracts $3,007,907 Loans to participants 1,792 2,910 628 34 30 13 Employer contributions receivable 339 635 2,201 166 157 102 Dividends/Interest receivable 3,006 235 1 Receivables for securities sold 525 1 Cash 7 10 2 17 -------- -------- ---------- ------- ------- ------- Total assets 486,058 469,297 3,010,746 83,960 71,381 54,624 -------- -------- ---------- ------- ------- ------- LIABILITIES Pending loans to participants 205 195 409 16 11 9 Distributions payable to participants 1,405 1,086 12,205 204 76 39 Distributions payable to successor plans 6,575 12,289 36,662 2,756 1,881 1,027 Payable for securities purchased 520 Accrued expenses 34 678 1,516 5 18 128 Transfers among funds (16,704) (452) 23,768 571 (2,958) (4,225) -------- -------- ---------- ------- ------- ------- Total liabilities/transfers (8,485) 14,316 74,560 3,552 (972) (3,022) -------- -------- ---------- ------- ------- ------- Net assets $494,543 $454,981 $2,936,186 $80,408 $72,353 $57,646 ======== ======== ========== ======= ======= =======
53 EASTMAN KODAK EMPLOYEES' SAVINGS AND INVESTMENT PLAN Schedule II (Cont'd) ALLOCATION OF NET ASSETS TO INVESTMENT FUNDS December 30, 1995 (in thousands)
Sub-total Loan Boston Kodak Eastman Fidelity Managed Fidelity Fund Safe Funds Stock Fund Stock Fund Income Portfolio Fund -------- ---------- ---------- ---------- ---------------- -------- ASSETS Investments at Fair Value: Eastman Kodak Company common stock $ 480,795 $20,807 Eastman Chemical Company common stock $40,174 Other common stocks 156,596 Mutual funds 385,236 $10,827 Interest in common/collective trusts (pooled) funds 132,721 Short-term interest funds 361 $ 4,437 Investments at Contract Value: Group annuity contracts 3,007,907 297,608 Loans to participants $49,596 55,003 Employer contributions receivable 3,600 Dividends/Interest receivable 3,242 123 211 Receivables for securities sold 526 811 Miscellaneous receivable 58 81 Cash 36 ------- ---------- ------- ------- -------- ------- Total assets 49,596 4,225,662 21,349 41,277 302,045 10,827 ------- ---------- ------- ------- -------- ------- LIABILITIES Pending loans to participants (845) 0 Distributions payable to participants 260 15,275 Distributions payable to successor plans 995 62,185 20,978 40,661 302,030 10,827 Payable for securities purchased 520 87 93 Accrued expenses 2,379 284 523 15 Transfers among funds 0 ------- ---------- ------- ------- -------- ------- Total liabilities/transfers 410 80,359 21,349 41,277 302,045 10,827 ------- ---------- ------- ------- -------- ------- Net assets $49,186 $4,145,303 $ 0 $ 0 $ 0 $ 0 ======= ========== ======= ======= ======== =======
54 EASTMAN KODAK EMPLOYEES' SAVINGS AND INVESTMENT PLAN Schedule II (Cont'd) ALLOCATION OF NET ASSETS TO INVESTMENT FUNDS December 30, 1995 (in thousands)
Fidelity Fidelity Sub-total Puritan Magellan Fidelity Loan Fidelity TOTAL Fund Fund Contrafund Fund Investments ALL FUNDS -------- -------- ---------- -------- ----------- ----------- ASSETS Investments at Fair Value: Eastman Kodak Company common stock $ 20,807 $ 501,602 Eastman Chemical Company common stock 40,174 40,174 Other common stocks 0 156,596 Mutual funds $17,901 $41,958 $18,481 89,167 474,403 Interest in common/collective trusts (pooled) funds 132,721 Short-term interest funds 4,798 4,798 Investments at Contract Value: Group annuity contracts 297,608 3,305,515 Loans to participants $7,606 7,606 62,609 Employer contributions receivable 3,600 Dividends/Interest receivable 334 3,576 Receivables for securities sold 811 1,337 Miscellaneous receivable 139 139 Cash 36 ------- ------- ------- ------ -------- ---------- Total assets 17,901 41,958 18,481 7,606 461,444 4,687,106 ------- ------- ------- ------ -------- ---------- LIABILITIES Pending loans to participants 0 Distributions payable to participants 15,275 Distributions payable to successor plans 17,901 41,958 18,481 7,606 460,442 522,627 Payable for securities purchased 180 700 Accrued expenses 822 3,201 Transfers among funds 0 ------- ------- ------- ------ -------- ---------- Total liabilities/transfers 17,901 41,958 18,481 7,606 461,444 541,803 ------- ------- ------- ------ -------- ---------- Net assets $ 0 $ 0 $ 0 $ 0 $ 0 $4,145,303 ======= ======= ======= ====== ======== ==========
55 EASTMAN KODAK EMPLOYEES' SAVINGS AND INVESTMENT PLAN Schedule III ALLOCATION OF CHANGES IN NET ASSETS TO INVESTMENT FUNDS For the fiscal year ended December 30, 1996 (in thousands)
Kodak Smaller Fixed Balanced Large Stock International Stock Fund Stock Fund Income Fund Mutual Fund Index Fund Stock Fund ---------- ---------- ----------- ----------- ----------- ------------- ADDITIONS TO NET ASSETS: Dividends on Eastman Kodak Company common stock $ 12,087 Other dividends $ 4,611 $ 3,717 Interest 583 786 $ 249,457 134 $ 139 $ 76 Income from common/collective trusts (pooled) funds 116 1,377 4 14 15 Miscellaneous income Net realized and unrealized gains (losses) from investments 114,077 98,941 12,082 26,864 7,293 Employer contributions 17,335 30,241 95,594 9,396 10,391 6,278 Transfers among funds (40,791) 10,002 (57,146) 12,567 59,508 15,860 -------- -------- ---------- -------- -------- ------- Total Additions 103,407 145,958 287,905 37,900 96,916 29,522 -------- -------- ---------- -------- -------- ------- DEDUCTIONS FROM NET ASSETS: Distributions to participants (22,935) (17,371) (140,911) (3,213) (2,693) (2,318) Distributions to successor plans (426) (2,747) (1,404) (700) (1,852) (77) Loans transfers, net (8,098) (6,607) (2,983) (303) (546) (270) Administrative expenses (434) (2,458) (3,026) (82) (145) (865) -------- -------- ---------- -------- -------- ------- Total Deductions 31,893 29,183 148,324 4,298 5,236 3,530 -------- -------- ---------- -------- -------- ------- Increase in net assets 71,514 116,775 139,581 33,602 91,680 25,992 Net assets at beginning of year 494,543 454,981 2,936,186 80,408 72,353 57,646 -------- -------- ---------- -------- -------- ------- Net assets at end of year $566,057 $571,756 $3,075,767 $114,010 $164,033 $83,638 ======== ======== ========== ======== ======== =======
56 EASTMAN KODAK EMPLOYEES' SAVINGS AND INVESTMENT PLAN Schedule III (Cont'd) ALLOCATION OF CHANGES IN NET ASSETS TO INVESTMENT FUNDS For the fiscal year ended December 30, 1996 (in thousands)
Sub-total Loan Boston Kodak Eastman Fidelity Managed Fidelity Fund Safe Funds Stock Fund Stock Fund Income Portfolio Fund -------- ---------- ---------- ---------- ---------------- -------- ADDITIONS TO NET ASSETS: Dividends on Eastman Kodak Company common stock $ 12,087 $ 584 Dividends on Eastman Chemical Company common stock $ 1,201 Other dividends 8,328 $1,199 Interest 251,175 13 41 $24,583 20 Income from common/collective trusts (pooled) funds 1,526 Miscellaneous income 34 2 Net realized and unrealized gains (losses) from investments 259,257 4,767 (3,978) 1,419 Employer contributions 169,235 Transfers among funds 0 (3,033) 10,088 (7,162) 1,938 ------- ---------- ------- ------- ------- ------ Total Additions $ 0 701,608 2,365 7,354 17,421 4,576 ------- ---------- ------- ------- ------- ------ DEDUCTIONS FROM NET ASSETS: Distributions to participants (1,942) (191,383) (786) (280) (7,856) (100) Distributions to successor plans (372) (7,578) (1,319) (6,625) (9,737) (4,490) Loans transfers, net 18,807 0 (248) (439) 195 15 Administrative expenses (7,010) (12) (10) (23) (1) ------- ---------- ------- ------- ------- ------ Total Deductions (16,493) 205,971 2,365 7,354 17,421 4,576 ------- ---------- ------- ------- ------- ------ Increase in net assets 16,493 495,637 0 0 0 0 Net assets at beginning of year 49,186 4,145,303 0 0 0 0 ------- ---------- ------- ------- ------- ------ Net assets at end of year $65,679 $4,640,940 $ 0 $ 0 $ 0 $ 0 ======= ========== ======= ======= ======= ======
57 EASTMAN KODAK EMPLOYEES' SAVINGS AND INVESTMENT PLAN Schedule III (Cont'd) ALLOCATION OF CHANGES IN NET ASSETS TO INVESTMENT FUNDS For the fiscal year ended December 30, 1996 (in thousands)
Fidelity Fidelity International Puritan Magellan Fidelity Growth & U.S. Equity Loan Fund Fund Contrafund Income Fund Index Fund Fund -------- -------- ---------- ------------- ----------- -------- ADDITIONS TO NET ASSETS: Dividends on Eastman Kodak Company common stock Dividends on Eastman Chemical Company common stock Other dividends $2,210 $6,466 $2,019 $ 55 $ 45 Interest 34 76 28 1 2 Income from common/collective trusts (pooled) funds Miscellaneous income Net realized and unrealized gains (losses) from investments 640 (1,860) 2,413 67 292 Employer contributions Transfers among funds (1,289) (8,032) 2,808 1,558 3,124 ------ ------- ------ ------ ------ ------ Total Additions 1,595 (3,350) 7,268 1,681 3,463 ------ ------- ------ ------ ------ ------ DEDUCTIONS FROM NET ASSETS: Distributions to participants (326) (589) (249) (233) Distributions to successor plans (1,328) 4,157 (6,998) (1,677) (3,470) (404) Loans transfers, net 60 (208) (15) (4) 7 637 Administrative expenses (1) (10) (6) ------ ------- ------ ------ ------ ------ Total Deductions 1,595 (3,350) 7,268 1,681 3,463 0 ------ ------- ------ ------ ------ ------ Increase in net assets 0 0 0 0 0 0 Net assets at beginning of year 0 0 0 0 0 0 ------ ------- ------- ------ ------ ------ Net assets at end of year $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 ====== ======= ======= ====== ====== ======
58 EASTMAN KODAK EMPLOYEES' SAVINGS AND INVESTMENT PLAN Schedule III (Cont'd) ALLOCATION OF CHANGES IN NET ASSETS TO INVESTMENT FUNDS For the fiscal year ended December 30, 1996 (in thousands)
Sub-total Fidelity TOTAL Investments ALL FUNDS ----------- ----------- ADDITIONS TO NET ASSETS: Dividends on Eastman Kodak Company common stock $ 584 $ 12,671 Dividends on Eastman Chemical Company common stock 1,201 1,201 Other dividends 11,994 20,322 Interest 24,798 275,973 Income from common/collective trusts (pooled) funds 1,526 Miscellaneous income 36 36 Net realized and unrealized gains (losses) from investments 3,760 263,017 Employer contributions 169,235 Transfers among funds 0 0 ------- ---------- Total Additions 42,373 743,981 ------- ---------- DEDUCTIONS FROM NET ASSETS: Distributions to participants (10,419) (201,802) Distributions to successor plans (31,891) (39,469) Loans transfers, net 0 0 Administrative expenses (63) (7,073) ------- ---------- Total Deductions 42,373 248,344 ------- ---------- Increase in net assets 0 495,637 Net assets at beginning of year 0 4,145,303 ------- ---------- Net assets at end of year $ 0 $4,640,940 ======= ==========
59 EASTMAN KODAK EMPLOYEES' SAVINGS AND INVESTMENT PLAN Schedule III ALLOCATION OF CHANGES IN NET ASSETS TO INVESTMENT FUNDS For the fiscal year ended December 30, 1995 (in thousands)
Kodak Smaller Fixed Balanced Large Stock International Stock Fund Stock Fund Income Fund Mutual Fund Index Fund Stock Fund ---------- ---------- ----------- ----------- ----------- ------------- ADDITIONS TO NET ASSETS: Dividends on Eastman Kodak Company common stock $ 12,127 Other dividends $ 5,908 $ 2,168 Interest 563 823 $ 246,209 72 $ 51 $ 42 Income from common/collective trusts (pooled) funds 54 619 1 6 4 Miscellaneous income 4 Net realized and unrealized gains from investments 144,690 87,661 4 11,474 13,288 4,423 Employer contributions 11,255 26,697 96,413 6,769 4,704 4,695 Transfers among funds (31,011) (17,688) 7,316 5,556 30,815 5,012 -------- -------- ---------- ------- ------- ------- Total Additions 137,678 104,024 349,942 26,040 48,864 14,176 -------- -------- ---------- ------- ------- ------- DEDUCTIONS FROM NET ASSETS: Distributions to participants (16,636) (13,377) (114,932) (1,744) (703) (1,089) Distributions to successor plans (1,655) (1,878) (1,785) (845) (947) (80) Loans transfers, net (7,488) (7,001) (7,540) (210) (170) (98) Administrative expenses (362) (2,059) (3,396) (60) (71) (503) -------- -------- ---------- ------- ------- ------- Total Deductions 26,141 24,315 127,653 2,859 1,891 1,770 -------- -------- ---------- ------- ------- ------- Increase in net assets 111,537 79,709 222,289 23,181 46,973 12,406 Net assets at beginning of year 383,006 375,272 2,713,897 57,227 25,380 45,240 -------- -------- ---------- ------- ------- ------- Net assets at end of year $494,543 $454,981 $2,936,186 $80,408 $72,353 $57,646 ======== ======== ========== ======= ======= =======
60 EASTMAN KODAK EMPLOYEES' SAVINGS AND INVESTMENT PLAN Schedule III (Cont'd) ALLOCATION OF CHANGES IN NET ASSETS TO INVESTMENT FUNDS For the fiscal year ended December 30, 1995 (in thousands)
Sub-total Loan Boston Kodak Eastman Fidelity Managed Fidelity Fund Safe Funds Stock Fund Stock Fund Income Portfolio Fund -------- ---------- ---------- ---------- ---------------- -------- ADDITIONS TO NET ASSETS: Dividends on Eastman Kodak Company common stock $ 12,127 $ 286 Dividends on Eastman Chemical Company common stock $ 499 Other dividends 8,076 $ 810 Interest 247,760 9 27 $24,697 14 Income from common/collective trusts (pooled) funds 684 Miscellaneous income 4 Net realized and unrealized gains from investments 261,540 7,232 6,655 1,797 Employer contributions 150,533 Transfers among funds 0 (5,541) 8,962 2,371 (285) ------- ---------- ------- ------- ------- ------ Total Additions $ 0 680,724 1,986 16,143 27,068 2,336 ------- ---------- ------- ------- ------- ------ DEDUCTIONS FROM NET ASSETS: Distributions to participants (1,148) (149,629) (388) (168) (4,420) (190) Distributions to successor plans (273) (7,463) (1,349) (15,719) (21,827) (2,150) Loans transfers, net 22,507 0 (238) (251) (807) 4 Administrative expenses (6,451) (11) (5) (14) 0 ------- ---------- ------- ------- ------- ------ Total Deductions (21,086) 163,543 1,986 16,143 27,068 2,336 ------- ---------- ------- ------- ------- ------ Increase in net assets 21,086 517,181 0 0 0 0 Net assets at beginning of year 28,100 3,628,122 0 0 0 0 ------- ---------- ------- ------- ------- ------ Net assets at end of year $49,186 $4,145,303 $ 0 $ 0 $ 0 $ 0 ======= ========== ======= ======= ======= ======
61 EASTMAN KODAK EMPLOYEES' SAVINGS AND INVESTMENT PLAN Schedule III (Cont'd) ALLOCATION OF CHANGES IN NET ASSETS TO INVESTMENT FUNDS For the fiscal year ended December 30, 1995 (in thousands)
Fidelity Fidelity Sub-total Puritan Magellan Fidelity Loan Fidelity TOTAL Fund Fund Contrafund Fund Investments ALL FUNDS -------- -------- ---------- -------- ----------- ----------- ADDITIONS TO NET ASSETS: Dividends on Eastman Kodak Company common stock $ 286 $ 12,413 Dividends on Eastman Chemical Company common stock 499 499 Other dividends $ 956 $2,390 $1,409 5,565 13,641 Interest 28 61 22 24,858 272,618 Income from common/collective trusts (pooled) funds 684 Miscellaneous income 4 Net realized and unrealized gains from investments 2,325 8,985 3,283 30,277 291,817 Employer contributions 150,533 Transfers among funds (1,999) (3,358) (150) 0 0 ------ ------- ------ ------ ------- ---------- Total Additions 1,310 8,078 4,564 0 61,485 742,209 ------ ------- ------ ------ ------- ---------- DEDUCTIONS FROM NET ASSETS: Distributions to participants (375) (397) (149) (163) (6,250) (155,879) Distributions to successor plans (933) (7,465) (4,359) (1,390) (55,192) (62,655) Loans transfers, net (1) (209) (51) 1,553 0 0 Administrative expenses (1) (7) (5) (43) (6,494) ------ ------- ------ ------ ------- ---------- Total Deductions 1,310 8,078 4,564 0 61,485 225,028 ------ ------- ------ ------ ------- ---------- Increase in net assets 0 0 0 0 0 517,181 Net assets at beginning of year 0 0 0 0 0 3,628,122 ------ ------- ------- ------ ------- ---------- Net assets at end of year $ 0 $ 0 $ 0 $ 0 $ 0 $4,145,303 ====== ======= ======= ====== ======= ==========
62 EASTMAN KODAK EMPLOYEES' SAVINGS AND INVESTMENT PLAN Schedule III ALLOCATION OF CHANGES IN NET ASSETS TO INVESTMENT FUNDS For the fiscal year ended December 30, 1994 (in thousands)
Kodak Smaller Fixed Balanced Large Stock International Stock Fund Stock Fund Income Fund Mutual Fund Index Fund Stock Fund ---------- ---------- ----------- ----------- ----------- ------------- ADDITIONS TO NET ASSETS: Dividends on Eastman Kodak Company common stock $ 11,392 Other dividends $ 8,059 $ 1,795 $ 14 $ 59 Interest 666 1,080 $ 236,349 21 9 14 Income from common/collective trusts (pooled) funds 115 656 4 7 22 Net realized and unrealized gains (losses) from investments 22,691 21,966 (8,910) (2,301) 398 (1,025) Employer contributions 9,039 30,844 99,184 4,426 1,885 2,956 Transfers among funds 51,115 (50,820) (126,481) 56,597 24,419 45,170 Transfers between plan trusts (35,183) (38,561) (305,007) -------- -------- ---------- ------- ------- ------- Total Additions 59,835 (26,776) (104,865) 60,542 26,732 47,196 -------- -------- ---------- ------- ------- ------- DEDUCTIONS FROM NET ASSETS: Distributions to participants (14,919) (13,172) (115,659) (1,018) (227) (456) Distributions to successor plans (4,920) (10,412) (34,877) (1,910) (933) (948) Loans transfers, net (7,038) (8,850) (12,463) (347) (164) (222) Administrative expenses (287) (1,736) (3,457) (40) (28) (330) -------- -------- ---------- ------- ------- ------- Total Deductions 27,164 34,170 166,456 3,315 1,352 1,956 -------- -------- ---------- ------- ------- ------- Increase (Decrease) in net assets 32,671 (60,946) (271,321) 57,227 25,380 45,240 Net assets at beginning of year 350,335 436,218 2,985,218 0 0 0 -------- -------- ---------- ------- ------- ------- Net assets at end of year $383,006 $375,272 $2,713,897 $57,227 $25,380 $45,240 ======== ======== ========== ======= ======= =======
63 EASTMAN KODAK EMPLOYEES' SAVINGS AND INVESTMENT PLAN Schedule III (Cont'd) ALLOCATION OF CHANGES IN NET ASSETS TO INVESTMENT FUNDS For the fiscal year ended December 30, 1994 (in thousands)
Sub-total Loan Boston Kodak Eastman Fidelity Managed Fidelity Fund Safe Funds Stock Fund Stock Fund Income Portfolio Fund -------- ---------- ---------- ---------- ---------------- -------- ADDITIONS TO NET ASSETS: Dividends on Eastman Kodak Company common stock $ 11,392 $ 689 Dividends on Eastman Chemical Company common stock $ 490 Other dividends 9,927 $ 593 Interest 238,139 64 30 $ 23,561 9 Income from common/collective trusts (pooled) funds 804 Net realized and unrealized gains (losses) from investments 32,819 4,531 2,872 4 (784) Employer contributions 148,334 107 2,632 224 Transfers among funds 0 (8,744) 15,659 (46,217) 8,687 Transfers between plan trusts (378,751) 23,736 5,993 309,161 ------- ---------- ------- ------- -------- ------ Total Additions $ 0 62,664 20,276 25,151 289,141 8,729 ------- ---------- ------- ------- -------- ------ DEDUCTIONS FROM NET ASSETS: Distributions to participants (262) (145,713) (242) (43) (7,233) (42) Distributions to successor plans (722) (54,722) (19,629) (24,943) (280,202) (8,677) Loans transfers, net 29,084 0 (397) (163) (1,697) (9) Administrative expenses (5,878) (8) (2) (9) (1) ------- ---------- ------- ------- -------- ------ Total Deductions (28,100) 206,313 20,276 25,151 289,141 8,729 ------- ---------- ------- ------- -------- ------ Increase (Decrease) in net assets 28,100 (143,649) 0 0 0 0 Net assets at beginning of year 0 3,771,771 0 0 0 0 ------- ---------- ------- ------- -------- ------ Net assets at end of year $28,100 $3,628,122 $ 0 $ 0 $ 0 $ 0 ======= ========== ======= ======= ======== ======
64 EASTMAN KODAK EMPLOYEES' SAVINGS AND INVESTMENT PLAN Schedule III (Cont'd) ALLOCATION OF CHANGES IN NET ASSETS TO INVESTMENT FUNDS For the fiscal year ended December 30, 1994 (in thousands)
Fidelity Fidelity Sub-total Puritan Magellan Fidelity Loan Fidelity TOTAL Fund Fund Contrafund Fund Investments ALL FUNDS -------- -------- ---------- -------- ----------- ----------- ADDITIONS TO NET ASSETS: Dividends on Eastman Kodak Company common stock $ 689 $ 12,081 Dividends on Eastman Chemical Company common stock 490 490 Other dividends $ 1,428 $ 1,621 $ 97 3,739 13,666 Interest 16 51 18 23,749 261,888 Income from common/collective trusts (pooled) funds 804 Net realized and unrealized gains (losses) from investments (1,958) (2,346) (813) 1,506 34,325 Employer contributions 416 691 398 4,468 152,802 Transfers among funds 17,319 (1,192) 14,488 0 0 Transfers between plan trusts 36,351 $3,510 378,751 0 ------- ------- ------- ------ -------- ---------- Total Additions 17,221 35,176 14,188 3,510 413,392 476,056 ------- ------- ------- ------ -------- ---------- DEDUCTIONS FROM NET ASSETS: Distributions to participants (165) (321) (33) (33) (8,112) (153,825) Distributions to successor plans (16,968) (34,493) (14,123) (6,216) (405,251) (459,973) Loans transfers, net (88) (356) (29) 2,739 0 0 Administrative expenses (6) (3) (29) (5,907) ------- ------- ------- ------ -------- ---------- Total Deductions 17,221 35,176 14,188 3,510 413,392 619,705 ------- ------- ------- ------ -------- ---------- Increase (Decrease) in net assets 0 0 0 0 0 (143,649) Net assets at beginning of year 0 0 0 0 0 3,771,771 ------- ------- ------- ------ -------- ---------- Net assets at end of year $ 0 $ 0 $ 0 $ 0 $ 0 $3,628,122 ======= ======= ======= ====== ======== ==========
65 CONSENT OF INDEPENDENT ACCOUNTANTS We hereby consent to the incorporation by reference in the Registration Statement on Form S-8 (No. 33-65035) of Eastman Kodak Company of our report dated April 11, 1997 appearing on page 3 of this Annual Report of the Eastman Kodak Employees' Savings and Investment Plan on Form 11-K for the fiscal year ended December 30, 1996. PRICE WATERHOUSE LLP Rochester, New York April 28, 1997