BERGEN BRUNSWIG CORP
11-K, 2000-03-27
DRUGS, PROPRIETARIES & DRUGGISTS' SUNDRIES
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[  INDEX  ]

 

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

     
   

For the fiscal year ended

September 29, 1999

  

OR

[      ]

TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE
   

SECURITIES EXCHANGE ACT OF 1934

     
   

For the transition period from

  

to

  

Commission file number 33-32465

 

BERGEN BRUNSWIG PRE-TAX INVESTMENT RETIREMENT ACCOUNT


(Full title of the plan)

 

BERGEN BRUNSWIG CORPORATION

(Name of issuer of the securities held pursuant to the plan)

 

4000 Metropolitan Drive, Orange, California

  

92868-3510

(Address of principal executive offices of

 

(Zip code)

issuer of securities)

    

 

 

[  COVER  ]

 

 

BERGEN BRUNSWIG PRE-TAX INVESTMENT RETIREMENT ACCOUNT

INDEX
       

PAGE NO.
         

INDEPENDENT AUDITORS' REPORT

3
         

FINANCIAL STATEMENTS:

  
         
 

Statements of Net Assets Available for Benefits
as of September 29, 1999 and 1998

5
         
 

Statements of Changes in Net Assets Available for
Benefits for the Years Ended September 29, 1999 and 1998
and the Period from January 1, 1997 to September 29, 1997

 

7
         
 

Notes to Financial Statements

10
         
         

SUPPLEMENTAL SCHEDULES:

  
         
 

1.

Line 27a - Schedule of Assets Held for

  
     

Investment Purposes as of September 29, 1999

16
         
 

2.

Line 27d - Schedule of Reportable Transactions

  
     

for the Year Ended September 29, 1999

19
         
         
     

SUPPLEMENTAL SCHEDULES OMITTED

  
         

Supplemental schedules not listed above are omitted
because of the absence of conditions under which they
are required.

  
         

SIGNATURE

20
         

INDEPENDENT AUDITORS' CONSENT - Exhibit 23

21
   

 

 

[  COVER  ]  |   [  INDEX  ]

 

 

INDEPENDENT AUDITORS' REPORT

Bergen Brunswig Pre-Tax Investment
            Retirement Account:

 

            We have audited the accompanying statements of net assets available for benefits of the Bergen Brunswig Pre-Tax Investment Retirement Account (the Plan) as of September 29, 1999 and 1998, and the related statements of changes in net assets available for benefits for the years ended September 29, 1999 and 1998 and the period from January 1, 1997 to September 29, 1997. 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 in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.

            In our opinion, such financial statements present fairly, in all material respects, the net assets available for benefits of the Plan as of September 29, 1999 and 1998, and the changes in net assets available for benefits for the years ended September 29, 1999 and 1998 and the period from January 1, 1997 to September 29, 1997 in conformity with accounting principles generally accepted in the United States of America.

            Our audits were conducted for the purpose of forming an opinion on the basic financial statements taken as a whole. The supplemental information by fund is presented for the purpose of additional analysis of the basic financial statements rather than to present information regarding the net assets available for benefits and changes in net assets available for benefits of the individual funds, and is not a required part of the basic financial statements. Also, the accompanying supplemental schedules of (1) Line 27a - Schedule of Assets Held for Investment Purposes as of September 29, 1999, and (2) Line 27d - Schedule of Reportable Transactions for the year ended September 29, 1999 are presented for the purpose of additional analysis and are not a required part of the basic financial statements, but are supplementary information required by the Department of Labor's Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. This supplemental information and supplemental schedules are the responsibility of the Plan's management. Such supplemental information by fund and supplemental schedules have been subjected to the auditing procedures applied in our audits of the basic financial statements and, in our opinion, are fairly stated in all material respects when considered in relation to the basic financial statements taken as a whole.

 

 

 

 

/s/ Deloitte & Touche LLP

Costa Mesa, California
March 24, 2000

 

 

 

[  COVER  ]  |   [  INDEX  ]

 

 
   

BERGEN BRUNSWIG PRE-TAX INVESTMENT RETIREMENT ACCOUNT
     
   

STATEMENT OF NET ASSETS AVAILABLE FOR BENEFITS
   

AS OF SEPTEMBER 29, 1999
     
   

SUPPLEMENTAL INFORMATION BY FUND
   
     
                 

MERRILL

        
         

GEORGE

      

LYNCH

  

MERRILL

  

MERRILL
     

FIDELITY

 

PUTNAM

  

COMPANY

  

GLOBAL

  

LYNCH

  

LYNCH

     

MAGELLAN

 

FUND

  

STOCK

  

ALLOCATION

  

EQUITY INDEX

  

CAPITAL
     

FUND

  

CLASS A

 

FUND

  

FUND A

  

TRUST 1

  

FUND A
     
 
 
 
 
 

ASSETS:
 

Investments

$

68,517,674

$

14,357,606

$

18,660,912

$

5,410,402

$

19,482,069

$

6,299,621
 

Interfund transfers

                        
   

receivable

  

48,673

  

11,302

  

31,537

  

4,557

  

12,214

  

4,557
 

Contributions receivable

  

198,238

  

46,669

  

105,242

  

21,599

  

91,868

  

28,620

     

TOTAL ASSETS

  

68,764,585

  

14,415,577

  

18,797,691

  

5,436,558

  

19,586,151

  

6,332,798
     
 
 
 
 
 

LIABILITIES:
 

Interfund transfers

                        
   

payable

  

-

  

-

  

-

  

-

  

-

  

-

     

TOTAL LIABILITIES

  

-

  

-

  

-

  

-

  

-

  

-
     
 
 
 
 
 

NET ASSETS AVAILABLE
 

FOR BENEFITS

$

68,764,585

$

14,415,577

$

18,797,691

$

5,436,558

$

19,586,151

$

6,332,798
     
 
 
 
 
 

See accompanying notes to financial statements.

 

 

 

 
   

BERGEN BRUNSWIG PRE-TAX INVESTMENT RETIREMENT ACCOUNT
     
   

STATEMENT OF NET ASSETS AVAILABLE FOR BENEFITS (Continued)
   

AS OF SEPTEMBER 29, 1999
     
   

SUPPLEMENTAL INFORMATION BY FUND

    
   
   
     

MERRILL

                        
     

LYNCH

  

MERRILL

                    
     

CORPORATE

  

LYNCH

  

MERRILL

TEMPLETON

          
     

BOND FUND

RETIREMENT

LYNCH

  

FOREIGN

  

AIM

        
     

INVESTMENT

PRESERVATION

GROWTH

  

FUND

CONSTELLATION

   
     

GRADE A

  

TRUST

  

FUND A

  

CLASS 1

  

FUND A

  

LOANS

  

TOTAL

     
 
 
 
 
 
 

ASSETS:
 

Investments

$

3,727,457

$

62,521,312

$

1,700,970

$

1,204,255

$

2,764,258

$

11,703,533

$

216,350,069
 

Interfund transfers

                            
   

receivable

  

2,552

  

61,619

  

2,005

  

911

  

2,370

  

-

  

182,297
 

Contributions receivable

  

14,915

  

323,473

  

12,524

  

7,610

  

23,740

  

-

  

874,498

   

TOTAL ASSETS

  

3,744,924

  

62,906,404

  

1,715,499

  

1,212,776

  

2,790,368

  

11,703,533

  

217,406,864
     
 
 
 
 
 
 

LIABILITIES:
 

Interfund transfers

                            
   

payable

  

-

  

-

  

-

  

-

  

-

  

182,297

  

182,297

   

TOTAL LIABILITIES

  

-

  

-

  

-

  

-

  

-

  

182,297

  

182,297
     
 
 
 
 
 
 

NET ASSETS AVAILABLE
 

FOR BENEFITS

$

3,744,924

$

62,906,404

$

1,715,499

$

1,212,776

$

2,790,368

$

11,521,236

$

217,224,567
     
 
 
 
 
 
 

See accompanying notes to financial statements.

 

 

[  COVER  ]  |   [  INDEX  ]

 

 
   

BERGEN BRUNSWIG PRE-TAX INVESTMENT RETIREMENT ACCOUNT
     
   

STATEMENT OF NET ASSETS AVAILABLE FOR BENEFITS
   

AS OF SEPTEMBER 29, 1998
     
   

SUPPLEMENTAL INFORMATION BY FUND
   
     
                 

MERRILL

        
         

GEORGE

      

LYNCH

  

MERRILL

  

MERRILL
     

FIDELITY

 

PUTNAM

  

COMPANY

  

GLOBAL

  

LYNCH

  

LYNCH

     

MAGELLAN

 

FUND

  

STOCK

  

ALLOCATION

  

EQUITY INDEX

  

CAPITAL
     

FUND

  

CLASS A

 

FUND

  

FUND A

  

TRUST 1

  

FUND A
     
 
 
 
 
 

ASSETS:
 

Investments

$

55,383,788

$

15,775,193

$

29,081,612

$

5,291,916

$

15,210,626

$

7,007,691
 

Interfund transfers

                        
   

receivable

  

36,684

  

9,414

  

16,660

  

4,303

  

7,841

  

3,855
 

Contributions receivable

  

160,538

  

49,406

  

77,146

  

26,092

  

69,028

  

32,413
 

Interest and dividend

                        
   

income receivable

  

12,101

  

3,288

  

94,328

  

1,479

  

2,812

  

1,276

     

TOTAL ASSETS

  

55,593,111

  

15,837,301

  

29,269,746

  

5,323,790

  

15,290,307

  

7,045,235
     
 
 
 
 
 

LIABILITIES:
 

Interfund transfers

                        
   

payable

  

-

  

-

  

-

  

-

  

-

  

-

     

TOTAL LIABILITIES

  

-

  

-

  

-

  

-

  

-

  

-
     
 
 
 
 
 

NET ASSETS AVAILABLE
 

FOR BENEFITS

$

55,593,111

$

15,837,301

$

29,269,746

$

5,323,790

$

15,290,307

$

7,045,235
     
 
 
 
 
 

See accompanying notes to financial statements.

 

 

 

 
   

BERGEN BRUNSWIG PRE-TAX INVESTMENT RETIREMENT ACCOUNT
     
   

STATEMENT OF NET ASSETS AVAILABLE FOR BENEFITS (Continued)
   

AS OF SEPTEMBER 29, 1998
     
   

SUPPLEMENTAL INFORMATION BY FUND

    
   
   
     

MERRILL

                        
     

LYNCH

  

MERRILL

                    
     

CORPORATE

  

LYNCH

  

MERRILL

TEMPLETON

          
     

BOND FUND

RETIREMENT

LYNCH

  

FOREIGN

  

AIM

        
     

INVESTMENT

PRESERVATION

GROWTH

  

FUND

CONSTELLATION

PARTICIPANT

    
     

GRADE A

  

TRUST

  

FUND A

  

CLASS 1

  

FUND A

  

LOANS

  

TOTAL

     
 
 
 
 
 
 

ASSETS:
 

Investments

$

3,635,764

$

64,194,962

$

2,626,807

$

1,127,718

$

2,134,696

$

11,157,826

$

212,628,599
 

Interfund transfers

                            
   

receivable

  

2,352

  

48,485

  

2,750

  

852

  

2,014

  

-

  

135,210
 

Contributions receivable

  

15,057

  

256,145

  

18,866

  

6,299

  

15,964

  

-

  

726,954
 

Interest and dividend

                            
   

income receivable

  

794

  

16,194

  

868

  

325

  

675

  

-

  

134,140

   

TOTAL ASSETS

  

3,653,967

  

64,515,786

  

2,649,291

  

1,135,194

  

2,153,349

  

11,157,826

  

213,624,903
     
 
 
 
 
 
 

LIABILITIES:
 

Interfund transfers

                            
   

payable

  

-

  

-

  

-

  

-

  

-

  

135,210

  

135,210

   

TOTAL LIABILITIES

  

-

  

-

  

-

  

-

  

-

  

135,210

  

135,210
     
 
 
 
 
 
 

NET ASSETS AVAILABLE
 

FOR BENEFITS

$

3,653,967

$

64,515,786

$

2,649,291

$

1,135,194

$

2,153,349

$

11,022,616

$

213,489,693
     
 
 
 
 
 
 

See accompanying notes to financial statements.

 

 

[  COVER  ]  |   [  INDEX  ]

 

       

BERGEN BRUNSWIG PRE-TAX INVESTMENT RETIREMENT ACCOUNT

       

STATEMENT OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS
       

FOR THE YEAR ENDED SEPTEMBER 29, 1999
         
       

SUPPLEMENTAL INFORMATION BY FUND
       
         
                   

MERRILL

        
           

GEORGE

      

LYNCH

  

MERRILL

  

MERRILL
       

FIDELITY

  

PUTNAM

  

COMPANY

  

GLOBAL

  

LYNCH

  

LYNCH
       

MAGELLAN

  

FUND

  

STOCK

 

ALLOCATION

EQUITY INDEX

CAPITAL
       

FUND

  

CLASS A

 

FUND

  

FUND A

  

TRUST 1

  

FUND A

 

ADDITIONS:
   

Contributions:

                        
     

Participants

$

3,483,473

$

934,642

$

1,944,735

$

444,292

$

1,730,528

$

662,576

  
     

Employer

  

1,418,375

  

379,296

  

752,091

  

179,276

  

636,945

  

237,173

  
   

Transfers of participant balances

  

11,003,332

  

561,037

  

17,603,833

  

733,789

  

4,764,413

  

201,987

  
   

Interest income

  

271,352

  

61,685

  

148,328

  

26,094

  

60,959

  

22,619

  
   

Dividend income

  

5,841,995

  

1,555,219

  

329,243

  

633,584

  

-

 

462,979

  
   

Participant loans

  

-

 

-

 

-

 

-

 

-

 

-

 
   

Participant loan repayments

  

1,085,902

  

253,428

  

713,507

  

102,406

  

274,313

  

102,829

  
   

Net increase in fair value

                          
     

of investments

  

11,188,295

  

-

 

-

  

709,413

 

3,292,874

  

188,757

 

     

TOTAL ADDITIONS

  

34,292,724

  

3,745,307

  

21,491,737

  

2,828,854

  

10,760,032

  

1,878,920

  

 

DEDUCTIONS:
   

Withdrawals

  

6,089,503

  

1,511,969

  

1,843,229

  

629,404

  

876,315

  

803,445

  
   

Transfers of participant

                     

     

balances

  

13,229,781

  

2,818,343

  

5,978,450

  

1,992,189

  

5,146,129

  

1,661,769

  
   

Administrative expenses

  

-

 

-

 

-

 

-

 

-

 

-

 
   

Participant loans

  

1,801,966

  

297,678

  

-

 

94,493

  

441,744

  

126,143

  
   

Participant loan repayments

  

-

 

-

 

-

 

-

 

-

 

-

 
   

Net decrease in fair value

                        
     

of investments

  

-

 

539,041

  

24,142,113

 

-

  

-

 

-

  

     

TOTAL DEDUCTIONS

  

21,121,250

  

5,167,031

  

31,963,792

  

2,716,086

  

6,464,188

  

2,591,357

  

 

NET INCREASE (DECREASE)

  

13,171,474

  

(1,421,724

)

(10,472,055

)

112,768

  

4,295,844

  

(712,437

)
 

NET ASSETS AVAILABLE FOR
 

BENEFITS AT BEGINNING OF PERIOD

  

55,593,111

  

15,837,301

  

29,269,746

  

5,323,790

  

15,290,307

  

7,045,235

  

 

NET ASSETS AVAILABLE FOR
 

BENEFITS AT END OF PERIOD

$

68,764,585

$

14,415,577

$

18,797,691

$

5,436,558

$

19,586,151

$

6,332,798

  

See accompanying notes to financial statements.

 

 

 

 

 

      

BERGEN BRUNSWIG PRE-TAX INVESTMENT RETIREMENT ACCOUNT
         
       

STATEMENT OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS (Continued)
       

FOR THE YEAR ENDED SEPTEMBER 29, 1999

       

SUPPLEMENTAL INFORMATION BY FUND

    

   
       

MERRILL

                        
       

LYNCH

  

MERRILL

                    
       

CORPORATE

  

LYNCH

  

MERRILL

  

TEMPLETON

            
       

BOND FUND

  

RETIREMENT

  

LYNCH

  

FOREIGN

  

AIM

        
       

INVESTMENT

PRESERVATION

GROWTH

  

FUND

CONSTELLATION

PARTICIPANT

    
       

GRADE A

 

TRUST

  

FUND A

  

CLASS 1

  

FUND A

  

LOANS

  

TOTAL

 

ADDITIONS:
   

Contributions:

                            
     

Participants

$

417,133

$

3,993,532

$

293,449

$

137,728

$

391,985

$

-

$

14,434,073
     

Employer

  

132,273

  

2,649,615

  

115,214

  

48,644

  

133,886

  

-

 

6,682,788
   

Transfers of participant balances

  

1,151,195

  

18,062,577

  

202,271

  

353,212

  

752,929

  

-

 

55,390,575
   

Interest income

  

16,878

  

328,759

  

11,133

  

5,197

  

11,146

  

-

 

964,150
   

Dividend income

  

244,186

  

3,891,092

 

22,024

  

131,533

  

55,871

  

-

 

13,167,726
   

Participant loans

  

-

 

-

 

-

 

-

 

-

 

5,192,709

  

5,192,709
   

Participant loan repayments

  

57,359

  

1,983,656

  

45,377

  

20,106

  

55,206

  

-

 

4,694,089
   

Net increase in fair value

                            
     

of investments

  

-

  

-

 

-

 

189,856

 

506,428

 

-

 

16,075,623

     

TOTAL ADDITIONS

  

2,019,024

  

30,909,231

  

689,468

  

886,276

  

1,907,451

  

5,192,709

  

116,601,733

 

DEDUCTIONS:
   

Withdrawals

  

349,463

  

10,009,737

  

115,982

  

23,924

  

113,821

  

-

  

22,366,792
   

Transfers of participant

                           
     

balances

  

1,204,896

  

20,060,452

  

1,437,526

  

765,466

  

1,095,574

  

-

 

55,390,575
   

Administrative expenses

  

-

 

213,387

  

-

 

-

 

-

 

-

 

213,387
   

Participant loans

  

72,937

  

2,235,037

  

42,370

  

19,304

  

61,037

  

-

 

5,192,709
   

Participant loan repayments

  

-

 

-

 

-

 

-

 

-

  

4,694,089

  

4,694,089
   

Net decrease in fair value

                            
     

of investments

  

300,771

 

-

 

27,382

  

-

  

-

  

-

 

25,009,307

     

TOTAL DEDUCTIONS

  

1,928,067

  

32,518,613

  

1,623,260

  

808,694

  

1,270,432

  

4,694,089

  

112,866,859

 

NET INCREASE (DECREASE)

  

90,957

  

(1,609,382

)

(933,792

)

77,582

  

637,019

  

498,620

  

3,734,874
 

NET ASSETS AVAILABLE
   

FOR BENEFITS AT

                            
   

BEGINNING OF PERIOD

  

3,653,967

  

64,515,786

  

2,649,291

  

1,135,194

  

2,153,349

  

11,022,616

  

213,489,693

 

NET ASSETS AVAILABLE
   

FOR BENEFITS

                            
   

AT END OF PERIOD

$

3,744,924

$

62,906,404

$

1,715,499

$

1,212,776

$

2,790,368

$

11,521,236

$

217,224,567

See accompanying notes to financial statements.

 

 

[  COVER  ]  |   [  INDEX  ]

 

 

       

BERGEN BRUNSWIG PRE-TAX INVESTMENT RETIREMENT ACCOUNT

       

STATEMENT OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS
       

FOR THE YEAR ENDED SEPTEMBER 29, 1998
         
       

SUPPLEMENTAL INFORMATION BY FUND
       
         
                   

MERRILL

        
           

GEORGE

      

LYNCH

  

MERRILL

  

MERRILL
       

FIDELITY

  

PUTNAM

  

COMPANY

  

GLOBAL

  

LYNCH

  

LYNCH
       

MAGELLAN

  

FUND

  

STOCK

 

ALLOCATION

EQUITY INDEX

CAPITAL
       

FUND

  

CLASS A

 

FUND

  

FUND A

  

TRUST 1

  

FUND A

 

ADDITIONS:
   

Contributions:
     

Participants

$

3,130,349

$

1,012,854

$

1,479,845

$

581,132

$

1,161,489

$

644,377

     

Employer

  

993,199

 

326,109

 

452,658

 

191,699

 

350,617

 

198,379

   

Transfers of participant balances

  

6,909,842

 

2,194,927

 

7,485,889

 

740,426

 

5,936,627

 

1,688,767

   

Interest income

  

254,788

 

84,168

 

117,413

 

38,801

 

54,629

 

29,375

   

Dividend income

  

3,832,347

 

1,509,782

 

364,156

 

901,067

 

-

 

589,912

   

Participant loans

  

-

 

-

 

-

 

-

 

-

 

-

   

Participant loan repayments

  

1,048,933

 

277,315

 

497,069

 

142,053

 

196,753

 

127,648

   

Net increase in fair value

                        
     

of investments

  

135,089

 

-

 

6,287,252

 

-

 

1,241,213

 

-

     

TOTAL ADDITIONS

  

16,304,547

 

5,405,155

 

16,684,282

 

2,595,178

 

8,941,328

 

3,278,458

 

DEDUCTIONS:
   

Withdrawals

  

3,921,273

 

1,667,798

 

1,398,704

 

537,373

 

629,016

 

713,748

   

Transfers of participant

                     

     

balances

  

7,169,625

 

2,266,637

 

13,333,355

 

2,352,444

 

3,461,707

 

1,240,679

   

Administrative expenses

  

-

 

-

 

-

 

-

 

-

 

-

   

Participant loans

  

1,548,269

 

420,381

 

-

 

138,128

 

319,115

 

129,486

   

Participant loan repayments

  

-

 

-

 

-

 

-

 

-

 

-

   

Net decrease in fair value

                        
     

of investments

  

-

 

682,873

 

-

 

1,425,810

 

-

 

743,372

     

TOTAL DEDUCTIONS

  

12,639,167

 

5,037,689

 

14,732,059

 

4,453,755

 

4,409,838

 

2,827,285

 

NET INCREASE (DECREASE)

  

3,665,380

 

367,466

 

1,952,223

 

(1,858,577)

  

4,531,490

 

451,173

 

NET ASSETS AVAILABLE FOR
   

BENEFITS AT BEGINNING OF PERIOD

  

51,927,731

 

15,469,835

 

27,317,523

 

7,182,367

 

10,758,817

 

6,594,062

 

NET ASSETS AVAILABLE FOR
   

BENEFITS AT END OF PERIOD

$

55,593,111

$

15,837,301

$

29,269,746

$

5,323,790

$

15,290,307

$

7,045,235

See accompanying notes to financial statements.

 

 

 

 

       

BERGEN BRUNSWIG PRE-TAX INVESTMENT RETIREMENT ACCOUNT

         
       

STATEMENT OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS (Continued)
       

FOR THE YEAR ENDED SEPTEMBER 29, 1998

       

SUPPLEMENTAL INFORMATION BY FUND

    

   
       

MERRILL

                        
       

LYNCH

  

MERRILL

                    
       

CORPORATE

  

LYNCH

  

MERRILL

  

TEMPLETON

            
       

BOND FUND

  

RETIREMENT

  

LYNCH

  

FOREIGN

  

AIM

        
       

INVESTMENT

PRESERVATION

GROWTH

  

FUND

CONSTELLATION

PARTICIPANT

    
       

GRADE A

 

TRUST

  

FUND A

  

CLASS 1

  

FUND A

  

LOANS

  

TOTAL

 

ADDITIONS:
   

Contributions:

                            
     

Participants

$

298,491

$

4,212,849

$

407,848

$

153,836

$

279,070

$

-

$

13,362,140

     

Employer

  

98,224

 

1,674,035

 

109,886

 

37,296

 

65,775

 

-

 

4,497,877

   

Transfers of participant balances

  

941,651

 

14,814,513

 

3,153,123

 

1,386,787

 

3,022,013

 

-

 

48,274,565

   

Interest income

  

17,680

 

3,385,863

 

19,623

 

7,251

 

13,259

 

-

 

4,022,850

   

Dividend income

  

210,293

 

-

 

174,397

 

93,444

 

69,051

 

-

 

7,744,449

   

Participant loans

  

-

 

-

 

-

 

-

 

-

 

4,905,397

 

4,905,397

   

Participant loan repayments

  

74,907

 

1,977,208

 

71,074

 

20,413

 

42,908

 

-

 

4,476,281

   

Net increase in fair value

                            
     

of investments

  

87,343

 

-

 

-

 

-

 

-

 

-

 

7,750,897

     

TOTAL ADDITIONS

  

1,728,589

 

26,064,468

 

3,935,951

 

1,699,027

 

3,492,076

 

4,905,397

 

95,034,456

 

DEDUCTIONS:
   

Withdrawals

  

497,228

 

6,666,968

 

100,517

 

71,959

 

144,212

     

16,348,796

   

Transfers of participant

                           
     

balances

  

648,753

 

13,319,709

 

1,713,071

 

894,480

 

1,874,105

 

-

 

48,274,565

   

Administrative expenses

  

-

 

111,870

 

-

 

-

 

-

 

-

 

111,870

   

Participant loans

  

85,908

 

2,042,580

 

118,794

 

22,660

 

80,076

 

-

 

4,905,397

   

Participant loan repayments

  

-

 

-

 

-

 

-

 

-

 

4,476,281

 

4,476,281

   

Net decrease in fair value

                            
     

of investments

  

-

 

-

 

1,121,556

 

347,137

 

240,551

 

-

 

4,561,299

     

TOTAL DEDUCTIONS

  

1,231,889

 

22,141,127

 

3,053,938

 

1,336,236

 

2,338,944

 

4,476,281

 

78,678,208

 

NET INCREASE (DECREASE)

  

496,700

 

3,923,341

 

882,013

 

362,791

 

1,153,132

 

429,116

 

16,356,248

 

NET ASSETS AVAILABLE
   

FOR BENEFITS AT

                            
   

BEGINNING OF PERIOD

  

3,157,267

 

60,592,445

 

1,767,278

 

772,403

 

1,000,217

 

10,593,500

 

197,133,445

 

NET ASSETS AVAILABLE
   

FOR BENEFITS

                            
   

AT END OF PERIOD

$

3,653,967

$

64,515,786

$

2,649,291

$

1,135,194

$

2,153,349

$

11,022,616

$

213,489,693

See accompanying notes to financial statements.

 

 

[  COVER  ]  |   [  INDEX  ]

 

 
     

BERGEN BRUNSWIG PRE-TAX INVESTMENT RETIREMENT ACCOUNT
       
     

STATEMENT OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS
     

FOR THE PERIOD FROM JANUARY 1, 1997 TO SEPTEMBER 29, 1997
       
       

SUPPLEMENTAL INFORMATION BY FUND
       
         
                   

MERRILL

        
           

GEORGE

      

LYNCH

  

MERRILL

  

MERRILL
       

FIDELITY

  

PUTNAM

  

COMPANY

  

GLOBAL

  

LYNCH

  

LYNCH
       

MAGELLAN

  

FUND

  

STOCK

 

ALLOCATION

EQUITY INDEX

CAPITAL
       

FUND

  

CLASS A

 

FUND

  

FUND A

  

TRUST 1

  

FUND A

 

ADDITIONS:
   

Contributions:

                        
     

Participants

$

2,403,471

$

812,270

$

898,476

$

599,412

$

883,756

$

490,868

     

Employer

  

717,663

 

227,103

 

301,793

 

156,808

 

174,489

 

131,852

   

Transfers of participant balances

  

4,053,832

 

1,265,751

 

5,956,323

 

1,379,506

 

4,197,647

 

737,233

   

Interest income

  

169,243

 

49,113

 

66,865

 

27,571

 

24,202

 

20,146

   

Dividend income

  

1,200,049

 

357,941

 

225,375

 

158,442

 

-

 

290,077

   

Participant loans

  

-

 

-

 

-

 

-

 

-

 

-

   

Participant loan repayments

  

736,560

 

215,274

 

274,385

 

121,035

 

110,656

 

89,336

   

Net increase in fair value

                        
     

of investments

  

10,294,052

 

2,161,656

 

11,744,945

 

718,615

 

2,067,365

 

808,048

     

TOTAL ADDITIONS

  

19,574,870

 

5,089,108

 

19,468,162

 

3,161,389

 

7,458,115

 

2,567,560

 

DEDUCTIONS:
   

Withdrawals

  

2,227,203

 

752,597

 

785,255

 

211,352

 

445,418

 

175,466

   

Transfers of participant

                        
     

balances

  

7,373,801

 

1,843,298

 

6,246,217

 

1,622,787

 

1,219,808

 

1,147,438

   

Administrative expenses

  

-

 

-

 

-

 

-

 

-

 

-

   

Participant loans

  

1,374,736

 

298,979

 

-

 

225,009

 

205,048

 

135,042

   

Participant loan repayments

  

-

 

-

 

-

 

-

 

-

 

-

     

TOTAL DEDUCTIONS

  

10,975,740

 

2,894,874

 

7,031,472

 

2,059,148

 

1,870,274

 

1,457,946

 

NET INCREASE (DECREASE)

  

8,599,130

 

2,194,234

 

12,436,690

 

1,102,241

 

5,587,841

 

1,109,614

 

NET ASSETS AVAILABLE FOR
   

BENEFITS AT BEGINNING OF PERIOD

  

43,328,601

  

13,275,601

 

14,880,833

 

6,080,126

 

5,170,976

 

5,484,448

 

NET ASSETS AVAILABLE FOR
   

BENEFITS AT END OF PERIOD

$

51,927,731

$

15,469,835

$

27,317,523

$

7,182,367

$

10,758,817

$

6,594,062

See accompanying notes to financial statements.

 

 

 

 
       

BERGEN BRUNSWIG PRE-TAX INVESTMENT RETIREMENT ACCOUNT
         
       

STATEMENT OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS (Continued)
       

FOR THE PERIOD FROM JANUARY 1, 1997 TO SEPTEMBER 29, 1997
         
       

SUPPLEMENTAL INFORMATION BY FUND

    

   
       

MERRILL

                        
       

LYNCH

  

MERRILL

                    
       

CORPORATE

  

LYNCH

  

MERRILL

  

TEMPLETON

            
       

BOND FUND

  

RETIREMENT

  

LYNCH

  

FOREIGN

  

AIM

        
       

INVESTMENT

PRESERVATION

GROWTH

  

FUND

CONSTELLATION

PARTICIPANT

    
       

GRADE A

 

TRUST

  

FUND A

  

CLASS 1

  

FUND A

  

LOANS

  

TOTAL

 

ADDITIONS:
   

Contributions:

                            
     

Participants

$

272,687

$

2,645,938

$

58,857

$

33,699

$

26,711

$

-

$

9,126,145

     

Employer

  

70,346

 

1,114,009

 

12,095

 

6,535

 

6,669

 

-

 

2,919,362

   

Transfers of participant balances

  

225,524

 

9,077,582

 

1,911,218

 

2,025,376

 

1,313,297

 

-

 

32,143,289

   

Interest income

  

12,886

 

2,828,542

 

2,413

 

1,981

 

1,279

 

-

 

3,204,241

   

Dividend income

  

147,014

 

-

 

6,637

 

-

 

-

 

-

 

2,385,535

   

Participant loans

  

-

 

-

 

-

 

-

 

-

 

4,379,997

 

4,379,997

   

Participant loan repayments

  

50,784

 

1,020,405

 

7,679

 

6,334

 

4,102

 

-

 

2,636,550

   

Net increase in fair value

                            
     

of investments

  

21,386

 

-

 

201,570

 

41,011

 

67,107

 

-

 

28,125,755

     

TOTAL ADDITIONS

  

800,627

 

16,686,476

 

2,200,469

 

2,114,936

 

1,419,165

 

4,379,997

 

84,920,874

 

DEDUCTIONS:
   

Withdrawals

  

80,235

 

4,941,044

 

-

 

-

 

-

 

(155,140)

  

9,463,430

   

Transfers of participant

                           
     

balances

  

896,612

 

9,629,338

 

422,323

 

1,334,877

 

406,790

 

-

 

32,143,289

   

Administrative expenses

  

-

 

63,129

 

-

 

-

 

-

 

-

 

63,129

   

Participant loans

  

103,793

 

2,006,708

 

10,868

 

7,656

 

12,158

 

-

 

4,379,997

   

Participant loan repayments

  

-

 

-

 

-

 

-

 

-

 

2,636,550

 

2,636,550

     

TOTAL DEDUCTIONS

  

1,080,640

 

16,640,219

 

433,191

 

1,342,533

 

418,948

 

2,481,410

 

48,686,395

 

NET INCREASE (DECREASE)

  

(280,013)

  

46,257

 

1,767,278

 

772,403

 

1,000,217

 

1,898,587

 

36,234,479

 

NET ASSETS AVAILABLE
   

FOR BENEFITS AT

                            
   

BEGINNING OF PERIOD

  

3,437,280

 

60,546,188

 

-

 

-

 

-

 

8,694,913

 

160,898,966

 

NET ASSETS AVAILABLE
   

FOR BENEFITS

                            
   

AT END OF PERIOD

$

3,157,267

$

60,592,445

$

1,767,278

$

772,403

$

1,000,217

$

10,593,500

$

197,133,445

See accompanying notes to financial statements.

 

 

[  COVER  ]   |  [  INDEX  ]

 

BERGEN BRUNSWIG PRE-TAX INVESTMENT RETIREMENT ACCOUNT

NOTES TO FINANCIAL STATEMENTS

FOR THE YEARS ENDED SEPTEMBER 29, 1999 AND 1998
AND THE PERIOD FROM JANUARY 1, 1997 TO SEPTEMBER 29, 1997

 

1.

PLAN DESCRIPTION AND SIGNIFICANT ACCOUNTING POLICIES
     
 

The following brief description of the Bergen Brunswig Pre-Tax Investment Retirement Account ("Plan") is provided for general information purposes only. Participants should refer to the Plan Agreement for more complete information.
     
 

A.

General
     
   

The Plan was established effective September 1, 1984. The Plan is a deferred compensation and profit sharing plan covering substantially all employees of Bergen Brunswig Corporation and its subsidiaries ("Employer") who have completed more than 30 days of service. The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974 ("ERISA"). The accounting records of the Plan are maintained on the accrual basis.
     
 

B.

Funding Policy
     
   

Participants are entitled to defer 2% to 15% of their pre-tax compensation through contributions to the Plan up to a maximum of $10,000 in calendar 1999. Participants are not allowed to make any other contributions to the Plan except for rollover contributions from other retirement plans. The Employer contributes $1.00 for each $1.00 invested by the participant up to the participant's investment of 3% of the participant's salary, and $0.50 for each additional $1.00 invested by the participant up to the participant's investment of an additional 2% of the participant's salary. All participants vest immediately in the Employer's contributions from the first day of participation in the Plan. The Employer may also make an additional contribution to the Plan at the Employer's discretion. Expenses of the Plan, up to the amount of forfeitures of Employer contributions made prior to January 1, 1999 when the Plan provided for a vesting schedule, are paid by the Plan. Expenses of the Plan in excess of Employer contribution forfeitures are paid directly by the Employer. For the years ended September 29, 1999 and 1998 and the period from January 1, 1997 to September 29, 1997, expenses of $213,387, $111,870 and $63,129, respectively, were paid by the Plan from forfeitures of Employer contributions.

 
 

C.

Investments
     
   

Upon joining the Plan, participants can elect to invest their accounts in the following options:
     
   

1.

  

Fidelity Magellan Fund (primarily equity securities);
       
   

2.

  

George Putnam Fund Class A (primarily debt and equity securities);
       
   

3.

  

Company Stock Fund (Bergen Brunswig Corporation Class A Common Stock);
       
   

4.

  

Merrill Lynch Global Allocation Fund A (primarily United States and foreign equity, debt and money market securities);

       
   

5.

  

Merrill Lynch Equity Index Trust 1 (primarily equity securities included in the Standard & Poors 500 Index);

       
   

6.

  

Merrill Lynch Capital Fund A (primarily equity, debt, convertible and money market securities);
       
   

7.

  

Merrill Lynch Corporate Bond Fund Investment Grade A (primarily high-grade, taxable, fixed income securities);

       
   

8.

  

Merrill Lynch Retirement Preservation Trust (primarily broadly diversified Guaranteed Investment Contracts, U.S. Government and U.S. Government agency and money market securities);
       
   

9.

  

Merrill Lynch Growth Fund A (primarily United States and foreign equity securities);
       
   

10.

  

Templeton Foreign Fund Class I (primarily foreign debt and equity securities); and
       
   

11.

  

AIM Constellation Fund A (primarily equity securities).
     
   

Participants have direct, daily access to investment and account information (including change of investment direction, fund transfers and deferral percentage) through The Merrill Lynch Participant Service Center or through the Merril Lynch Benefits OnlineSM Internet Website.

 

 
   

The Fidelity Magellan Fund, the George Putnam Fund Class A, the Company Stock Fund, the Merrill Lynch Global Allocation Fund A, the Merrill Lynch Equity Index Trust 1, the Merrill Lynch Capital Fund A, the Merrill Lynch Corporate Bond Fund Investment Grade A, the Merrill Lynch Growth Fund A, the Templeton Foreign Fund Class 1 and the AIM Constellation Fund A are stated at fair value as determined by quoted market prices. The Merrill Lynch Retirement Preservation Trust is stated at cost, which approximates fair value. Investment transactions are recorded on a trade-date basis.
     
   

Participants may borrow against a maximum of 50% of their interests in the Plan up to $50,000, except that participants may not borrow against their interest in the Company Stock Fund. Participants are entitled to hold two loans simultaneously: a short-term loan (1 to 5 years) and a long-term loan (5 to 15 years). The long-term loan applies only to the purchase of a participant's primary residence. Such loans are shown as separate investments of the Plan, with interest rates ranging from 7% to 10%, and are stated at cost, which approximates fair value.
     
   

The number of participants in each fund was as follows:

       

September 29,

       

1999

  

1998

   

Fidelity Magellan Fund

2,558

  

2,417
   

George Putnam Fund Class A

1,058

  

1,148
   

Company Stock Fund

1,994

  

1,809
   

Merrill Lynch Global

      
     

Allocation Fund A

591

  

692
   

Merrill Lynch Equity Index Trust 1

1,080

  

900
   

Merrill Lynch Capital Fund A

681

  

758
   

Merrill Lynch Corporate

      
     

Bond Fund Investment Grade A

552

  

549
   

Merrill Lynch Retirement

      
     

Preservation Trust

5,127

  

4,447
   

Merrill Lynch Growth Fund A

287

  

335
   

Templeton Foreign Fund Class 1

184

  

148
   

AIM Constellation Fund A

387

  

269
   

Participant Loans

1,686

  

1,549

   

The total number of participants in the Plan was less than the sum of the number of participants shown above because many were participating in more than one fund.

 
 

D.

Benefit Distribution

   
   

A participant's account shall be distributed in a lump sum upon retirement, less any loans outstanding. Account withdrawals are permitted by participants who have attained age 59-1/2 or who suffer certain financial hardships and meet criteria established by the Internal Revenue Service. All participants not eligible for normal retirement vest in Employer contributions immediately from the first day of participation in the Plan. Participants who retire or terminate employment prior to retirement may elect to receive their accounts in a lump sum distribution or leave their accounts in the Plan if such accounts aggregate $4,000 or more. Participants are 100% vested in their own contributions at all times. Benefit distributions are recorded when paid.
     
 

E.

Death and Disability Benefits
   
   

Upon the death of a participant, the beneficiary receives, in a lump sum, the amount in the participant's account. Participants who become disabled will receive distributions in accordance with normal retirement benefits.
   
 

F.

Plan Termination
   
   

The Employer has the right at any time to declare the Plan terminated completely or as to any of the Employer's divisions, facilities or operational units.
   
 

G.

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, disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of additions and deductions during the reporting periods. Actual results could differ from those estimates.

   
 

H.

Other
   
   

Certain reclassifications have been made in the 1998 and 1997 financial statements and notes to conform to 1999 presentations.
   
   

 

2.

INCOME TAX STATUS
   
 

The Internal Revenue Service has determined and informed the Company by letter dated February 10, 1997, that the Plan and related trust are designed in accordance with applicable sections of the Internal Revenue Code (the "Code"). The Plan has been amended since receiving the determination letter. However, the Plan administrator believes that the Plan is currently designed and being operated in compliance with the applicable requirements of the Code and the related trust was tax-exempt as of the financial statement date. Therefore, no provision for income taxes has been included in the Plan's financial statements.
   

3.

CHANGE IN PLAN FISCAL YEAR
   
 

Effective in September 1997, the Plan changed its fiscal year from a twelve-month period ending December 31 to a twelve-month period ending September 29. The Statements of Changes in Net Assets Available for Plan Benefits are presented for the twelve-month periods ended September 29, 1999 and 1998, and the period from January 1, 1997 to September 29, 1997.
   

4.

CHANGE IN INVESTMENT OPTIONS
   
 

On June 1, 1997, the following investment options were added to the Plan:
     
   

1.

Merrill Lynch Growth Fund A (primarily United States and foreign equity securities);
     
   

2.

Templeton Foreign Fund Class I (primarily foreign debt and equity securities); and
     
   

3.

AIM Constellation Fund A (primarily equity securities).
   

 

 

5.

OTHER
     
 

Effective January 1, 1999, the following changes were made to the Plan:
   
   

1.

All participants vest immediately in Employer contributions from the first day of participation in the Plan.
     
   

2.

The Employer contributes $1.00 for each $1.00 contributed by the participant, up to the participant's investment of 3% of the participant's salary and contributes $.50 for each additional $1.00 contributed by the participant, up to the participant's investment of an additional 2% of the participant's salary.
   
 

Effective July 1, 1997, the Plan was amended to allow employees of the Employer to join the Plan after they have completed 30 days of service, and to entitle participants to defer 2% to 15% of their compensation through contributions to the Plan. Upon completion of the 30-day service requirement, and unless participants direct otherwise, participants are automatically enrolled in the Plan, deferring 2% of their compensation through contributions to the Merrill Lynch Retirement Preservation Trust.
   

 

 

 

[  COVER  ]   |  [  INDEX  ]

 

SUPPLEMENTAL SCHEDULE 1
 

BERGEN BRUNSWIG PRE-TAX INVESTMENT RETIREMENT ACCOUNT
 

LINE 27a - SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES

AS OF SEPTEMBER 29, 1999
 
 

DESCRIPTION OF

  

FAIR

    

IDENTITY OF ISSUE

INVESTMENT

  

VALUE

  

COST
 

FIDELITY MAGELLAN FUND

Schedule

  

$

68,517,674

  

$

51,352,026
                 

GEORGE PUTNAM FUND CLASS A

Schedule

    

14,357,606

   

13,562,204
                 

COMPANY STOCK FUND

Schedule

    

18,660,912

    

29,178,237
                 

MERRILL LYNCH GLOBAL ALLOCATION FUND A

Schedule

    

5,410,402

    

5,272,386
                 

MERRILL LYNCH EQUITY INDEX TRUST 1

Schedule

    

19,482,069

    

14,135,376
                 

MERRILL LYNCH CAPITAL FUND A

Schedule

    

6,299,621

    

6,246,342
                 

MERRILL LYNCH CORPORATE BOND FUND

              
 

INVESTMENT GRADE A

Schedule

    

3,727,457

    

3,903,001
                 

MERRILL LYNCH RETIREMENT PRESERVATION TRUST

Schedule

    

62,521,312

    

62,521,312
                 

MERRILL LYNCH GROWTH FUND A

Schedule

    

1,700,970

    

2,024,924
                 

TEMPLETON FOREIGN FUND CLASS 1

Schedule

    

1,204,255

    

1,183,477
                 

AIM CONSTELLATION FUND A

Schedule

    

2,764,258

    

2,497,519
                 

PARTICIPANT LOANS

Schedule

    

11,703,533

    

11,703,533
       
 

TOTAL INVESTMENTS

    

$

216,350,069

  

$

203,580,337

 

 

 

 

SUPPLEMENTAL SCHEDULE 1 (DETAIL)
 
 

BERGEN BRUNSWIG PRE-TAX INVESTMENT RETIREMENT ACCOUNT
 

DETAIL - LINE 27a - SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES

AS OF SEPTEMBER 29, 1999
 
       

FAIR

    

SHARES

  

DESCRIPTION

  

VALUE

  

COST
 
 
                   

567,810

    

FIDELITY MAGELLAN FUND

  

$

68,517,674

  

$

51,352,026

                   
                   

828,005

    

GEORGE PUTNAM FUND CLASS A

 

$

14,357,606

  

$

13,562,204

                   
                   
     

COMPANY STOCK FUND

            
                   
     

BERGEN BRUNSWIG CORPORATION

            

1,798,642

    

CLASS A COMMON STOCK

  

$

18,660,912

  

$

29,178,237

                   
                   

371,083

    

MERRILL LYNCH GLOBAL ALLOCATION FUND A

  

$

5,410,402

  

$

5,272,386

                   
                   

223,495

    

MERRILL LYNCH EQUITY INDEX TRUST 1

  

$

19,482,069

  

$

14,135,376

                   
                   

191,071

    

MERRILL LYNCH CAPITAL FUND A

  

$

6,299,621

  

$

6,246,342

 

 

 

 

 

SUPPLEMENTAL SCHEDULE 1 (DETAIL), CONTINUED
 
 

BERGEN BRUNSWIG PRE-TAX INVESTMENT RETIREMENT ACCOUNT
 

DETAIL - LINE 27a - SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES

AS OF SEPTEMBER 29, 1999
 
           

FAIR

    

SHARES

  

DESCRIPTION

  

VALUE

  

COST
 
     

MERRILL LYNCH CORPORATE BOND FUND

            

344,179

      

INVESTMENT GRADE A

  

$

3,727,457

  

$

3,903,001

                     
                     

62,521,312

    

MERRILL LYNCH RETIREMENT PRESERVATION TRUST

  

$

62,521,312

  

$

62,521,312

                     
                     

78,170

    

MERRILL LYNCH GROWTH FUND A

  

$

1,700,970

  

$

2,024,924

                     
                     

117,718

    

TEMPLETON FOREIGN FUND CLASS 1

  

$

1,204,255

  

$

1,183,477

                     
                     

85,660

    

AIM CONSTELLATION FUND A

  

$

2,764,258

  

$

2,497,519

                     
                     
     

PARTICIPANT LOANS

            
     

PROMISSORY NOTES WITH VARIOUS DUE DATES

            

11,703,533

      

AND INTEREST RATES FROM 7.00% TO 10.00%:

  

$

11,703,533

  

$

11,703,533

 

 

 

[  COVER  ]   |  [  INDEX  ]

 

SUPPLEMENTAL SCHEDULE 2
 
 
 

BERGEN BRUNSWIG PRE-TAX INVESTMENT RETIREMENT ACCOUNT
 

LINE 27d - SCHEDULE OF REPORTABLE TRANSACTIONS

FOR THE YEAR ENDED SEPTEMBER 29, 1999
 
       

NO. OF

        

IDENTITY OF ISSUE

  

TRADE TYPE

  

TRADES

  

AMOUNT

  

GAIN
 
                     
                     

FIDELITY MAGELLAN FUND

  

Purchases

  

795

  

$

23,079,382

      
   

Sales

  

726

    

21,133,792

  

$

4,018,500
                     
                     
                     

COMPANY STOCK FUND

  

Purchases

  

619

    

21,570,400

      
   

Sales

  

271

    

7,571,085

    

1,350,174
                     
                     
                     

MERRILL LYNCH RETIREMENT

  

Purchases

  

1,052

    

31,024,196

      
 

PRESERVATION TRUST

  

Sales

  

830

    

32,623,510

    

-
                     
                     
                     

MERRILL LYNCH EQUITY

  

Purchases

  

530

    

7,669,652

      
 

INDEX TRUST I

  

Sales

  

458

    

6,467,027

    

1,099,723

 

 

 

[  COVER  ]   |  [  INDEX  ]

 

 

SIGNATURE

 

 
 

Pursuant to the requirements of the Securities Exchange Act of 1934, the

Retirement Strategy Committee has duly caused this annual report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 
 

BERGEN BRUNSWIG PRE-TAX
INVESTMENT RETIREMENT ACCOUNT
   
   
   
 

by:

/s/

Neil F. Dimick

     

Neil F. Dimick
Executive Vice President,
Chief Financial Officer,
Bergen Brunswig Corporation

 

 

March 23, 2000

 

 

 

 

 



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