SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 11-K
Annual Report
(Mark One)
[ ] Annual Report pursuant to Section 15(d) of the Securities
Exchange Act of 1934
For the fiscal year ended _______________________________
Or
[X] Transition report pursuant to Section 15(d) of the
Securities Exchange Act of 1934
For the transition period from
April 1, 1996 to June 30, 1996
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Commission file number ___________________
A. Full title of the plan and the address of the plan, if
different from that of the issuer named below:
THE EARTHGRAINS COMPANY EMPLOYEE STOCK OWNERSHIP/401(K) PLAN
B. Name of issuer of the securities held pursuant to the
plan and the address of its principal executive office:
THE EARTHGRAINS COMPANY
8400 Maryland Avenue
St. Louis, Missouri 63105
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REQUIRED INFORMATION
Item 1. The Plan is subject to ERISA. See Item 4.
Item 2. The Plan is subject to ERISA. See Item 4.
Item 3. The Plan is subject to ERISA. See Item 4.
Item 4. Financial Statements and Exhibits.
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(a) Financial Statements:
Unaudited Statement of Net Assets Available for Benefits
at June 30, 1996 and April 1, 1996.
Unaudited Statement of Changes in Net Assets Available
for Benefits for the three months ended June 30, 1996.
Master Trust Attachment (funds information)
Appendix information has not been provided.
A report of independent accountants (audit report) has
not been provided because the Plan is subject to ERISA and ERISA
does not require an audit report to be filed at this time. See
DOL Reg. 2520.104-50. An audit report for the transition period
will be filed at the time one is filed for the full fiscal year
ended June 30, 1997.
(b) Exhibits:
None
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SIGNATURES
The Plan. Pursuant to the requirements of the Securities
Exchange Act of 1934, the trustees (or other persons who
administer the employee benefit plan) have duly caused this
annual report to be signed on its behalf by the undersigned
hereunto duly authorized.
THE EARTHGRAINS COMPANY EMPLOYEE
STOCK OWNERSHIP/401(K) PLAN
By: /s/ Lincoln Scott
Lincoln Scott
Administrative Committee Member
Date November 19, 1997
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The Earthgrains Company Employee Stock Ownership Plan
EIN: 36-3201046 Plan 002
Attachment to 1996 Form 5500, Item 26d(5)
Statement of net Assets Available for Benefits
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Assets: 4/1/96 6/30/96
------ -------
Value of Interest in Master Trusts $13,879,552 $15,814,035
----------- -----------
Total Assets 13,879,552 15,814,035
----------- ----------
Net Assets Available for Benefits 13,879,552 15,814,035
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Statement of Changes in Net Assets Available for Benefits
---------------------------------------------------------
Additions to net assets attributed to:
Contributions:
Participants $ 712,762
Investment Income:
Net Investment Gain from Master Trust 1,694,231
---------
Total Additions 2,406,993
Deductions from net assets attributed to:
Distributions 472,510
---------
Total Deductions 472,510
Increase in Net Assets During the Year 1,934,483
Net Assets Available for Benefits,
Beginning of the Year 13,879,552
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Net Assets Available for Benefits, End of Year 15,814,035
==========
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The Earthgrains Company Employee Stock Ownership Plan
EIN: 36-3201045 Plan 002
Master Trust Attachment
Net
Net value at Net value at Investment
Investment Beginning of Year End of Year Gain/(Loss)
- ---------- ----------------- ------------ -----------
Anheuser-Busch 10,487,360 11,366,764 879,404
Stock
Short Term Fix 210,959 225,063 14,104
Med-Term Fix 668,567 679,111 10,544
Equity Index 1,463,191 1,721,787 258,596
Index Balanced 275,720 300,971 25,251
Managed Balance 410,979 447,010 36,031
Earthgrains Stock 183,955 701,452 517,497
Participant Loans 178,821 371,877 193,056
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Total 13,879,552 15,814,035 1,934,483
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