<PAGE>
As filed with the Securities and Exchange Commission on June 26, 2000.
----------------------------------------
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
-----
FORM 11-K
(Mark One)
[x] ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the fiscal year ended December 31, 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 0-6516
------
A. Full title of the plan and the address of the plan, if different
from that of the issuer named below:
DATASCOPE CORP. 401(k) SAVINGS
AND SUPPLEMENTAL RETIREMENT PLAN
B. Name of issuer of securities held pursuant to the plan and the
address of its principal executive office:
DATASCOPE CORP.
14 Philips Parkway
Montvale, New Jersey 07645
<PAGE>
REQUIRED INFORMATION
Item 1. See Item 4.
Item 2. See Item 4.
Item 3. See Item 4.
Item 4. In lieu of the requirements of Items 1-3 above, the Datascope Corp.
401(k) Savings and Supplemental Retirement Plan (the "Plan"), which is subject
to the Employee Retirement Income Security Act of 1974, as amended ("ERISA"),
hereby files financial statements and schedules for the Plan for the fiscal
period ended December 31, 1999. The Plan's financial statements and schedules
are prepared in accordance with the financial reporting requirements of ERISA.
<PAGE>
DATASCOPE CORP.
401(k) SAVINGS AND SUPPLEMENTAL RETIREMENT PLAN
FINANCIAL REPORT
DECEMBER 31, 1999 AND 1998
<PAGE>
DATASCOPE CORP.
401(k) SAVINGS AND SUPPLEMENTAL RETIREMENT PLAN
DECEMBER 31, 1999 AND 1998
CONTENTS
<TABLE>
<CAPTION>
Page
<S> <C>
Independent Auditor's Report 1
Statements of Net Assets Available for Benefits 2
Statement of Changes in Net Assets Available for Benefits with Fund Information 3
Notes to Financial Statements 5
Schedule of Assets Held for Investment Purposes at End of Year 10
Schedule of Investment Assets Both Acquired and Disposed of Within the Plan Year 11
Schedule of Reportable Transactions 12
</TABLE>
<PAGE>
To the Plan Administrator of the Datascope Corp.
401(k) Savings and Supplemental Retirement Plan
We have audited the accompanying statements of net assets available for benefits
of the Datascope Corp. 401(k) Savings and Supplemental Retirement Plan as of
December 31, 1999 and 1998 and the related statement of changes in net assets
available for benefits with fund information for the year ended December 31,
1999. 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 generally accepted auditing
standards. 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, the financial statements referred to above present fairly, in
all material respects, the net assets available for benefits of the Plan as of
December 31, 1999 and 1998, and the changes in net assets available for benefits
for the year ended December 31, 1999 in conformity with generally accepted
accounting principles.
Our audits were conducted for the purpose of forming an opinion on the financial
statements taken as a whole. The supplemental schedules of assets held for
investment purposes at end of year, investment assets both acquired and disposed
of within the plan year and reportable transactions 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 Rules and Regulations for Reporting and Disclosure Under the
Employee Retirement Income Security Act of 1974. These supplemental schedules
are the responsibility of the Plan's management. The supplemental schedules have
been subjected to the auditing procedures applied in the audits of the basic
financial statements and, in our opinion, are fairly stated in all material
respects in relation to the basic financial statements taken as a whole.
/s/ Milgrom Galuskin Balmuth & Company
-----------------------------------------
Milgrom Galuskin Balmuth & Company
Certified Public Accountants, P.C.
Edison, New Jersey
May 17, 2000
<PAGE>
- 2 -
DATASCOPE CORP.
401(k) SAVINGS AND SUPPLEMENTAL RETIREMENT PLAN
STATEMENTS OF NET ASSETS
AVAILABLE FOR BENEFITS
DECEMBER 31, 1999 AND 1998
<TABLE>
<CAPTION>
1999 1998
---- ----
<S> <C> <C>
Assets:
Investments:
At Fair Market Value
MainStay Institutional Indexed Bond Fund (Institutional Class) $ 976,235 $ 894,562
MainStay Institutional Indexed Equity Fund (Institutional Class) 5,386,831 4,474,821
MainStay Institutional Value Equity Fund (Institutional Class) - 7,909,378
American Century Income & Growth Fund (Investor Class) 8,708,288 -
Fidelity Magellan Fund 18,663,329 17,753,479
Janus Twenty Fund 9,543,551 -
Franklin Small Cap Growth Fund I (Class A) 1,984,672 661,251
GAM International Fund (Class A) 1,008,894 1,184,474
Datascope Corp. Stock Fund 3,871,427 2,551,648
Participants' Loans Receivable 1,745,981 1,680,604
--------------- ---------------
51,889,208 37,110,217
--------------- ---------------
At Contract Value
New York Life Insurance Company
Anchor Account Number 25, variable
interest rate 10,015,201 9,205,389
--------------- ---------------
10,015,201 9,205,389
--------------- ---------------
Total Investments 61,904,409 46,315,606
--------------- ---------------
Receivables:
Participants' contributions 256,957 268,582
Employer's contributions 77,115 80,580
Due from employer - Participant loan repayments 58,745 62,426
--------------- ---------------
Total Receivables 392,817 411,588
--------------- ---------------
Net Assets Available for Benefits $ 62,297,226 $ 46,727,194
=============== ===============
</TABLE>
See notes to financial statements.
<PAGE>
DATASCOPE CORP.
401(k) SAVINGS AND SUPPLEMENTAL RETIREMENT PLAN
STATEMENT OF CHANGES IN NET ASSETS
AVAILABLE FOR BENEFITS WITH FUND INFORMATION
FOR THE YEAR ENDED DECEMBER 31, 1999
<TABLE>
<CAPTION>
Participant Directed
---------------------------------------------------------------------------------------
MainStay MainStay MainStay
Institutional Institutional Institutional
Indexed Indexed Value American Century
Bond Fund Equity Fund Equity Fund Income & Fidelity
(Institutional (Institutional (Institutional Growth Fund Magellan
Class) Class) Class) (Investor Class) Fund
------ ------ ------ -------------- ----
<S> <C> <C> <C> <C> <C>
Additions to Net Assets Attributed To:
Net investment gain (loss) $ (20,921) $ 1,042,840 $ 777,824 $ 1,183,947 $ 4,019,317
Interest - - - - -
-------------- ------------- -------------- ------------- -------------
(20,921) 1,042,840 777,824 1,183,947 4,019,317
-------------- ------------- -------------- ------------- -------------
Contributions:
Participants 162,678 644,677 213,311 471,995 1,372,824
Employer 45,381 180,060 78,165 136,863 415,616
-------------- ------------- -------------- ------------- -------------
208,059 824,737 291,476 608,858 1,788,440
-------------- ------------- -------------- ------------- -------------
Employee Rollovers 27,032 97,611 17,540 77,367 114,270
-------------- ------------- -------------- ------------- -------------
Total Additions 214,170 1,965,188 1,086,840 1,870,172 5,922,027
-------------- ------------- -------------- ------------- -------------
Deductions from Net Assets Attributed To:
Benefits paid to participants (48,579) (229,473) (160,905) (510,306) (1,424,706)
Fees and expenses (62) (1,375) (768) (776) (14,834)
-------------- ------------- -------------- ------------- -------------
(48,641) (230,848) (161,673) (511,082) (1,439,540)
-------------- ------------- -------------- ------------- -------------
Net Increase Prior to Interfund Transfers 165,529 1,734,340 925,167 1,359,090 4,482,487
Interfund Transfers (83,856) (822,330) (8,834,545) 7,349,198 (3,572,637)
-------------- ------------- -------------- ------------- -------------
Net Increase (Decrease) 81,673 912,010 (7,909,378) 8,708,288 909,850
Net Assets Available for Benefits:
Beginning of Year 894,562 4,474,821 7,909,378 - 17,753,479
-------------- ------------- -------------- ------------- -------------
End of Year $ 976,235 $ 5,386,831 $ - $ 8,708,288 $ 18,663,329
============== ============= ============== ============= =============
<CAPTION>
Janus
Twenty
Fund
----
<S> <C>
Additions to Net Assets Attributed To:
Net investment gain (loss) $ 2,450,541
Interest -
--------------
2,450,541
--------------
Contributions:
Participants 292,733
Employer 87,349
--------------
380,082
--------------
Employee Rollovers 64,027
--------------
Total Additions 2,894,650
--------------
Deductions from Net Assets Attributed To:
Benefits paid to participants (17,208)
Fees and expenses (300)
--------------
(17,508)
--------------
Net Increase Prior to Interfund Transfers 2,877,142
Interfund Transfers 6,666,409
--------------
Net Increase (Decrease) 9,543,551
Net Assets Available for Benefits:
Beginning of Year -
--------------
End of Year $ 9,543,551
==============
</TABLE>
See notes to financial statements.
- 3 -
<PAGE>
DATASCOPE CORP.
401(k) SAVINGS AND SUPPLEMENTAL RETIREMENT PLAN
STATEMENT OF CHANGES IN NET ASSETS
AVAILABLE FOR BENEFITS WITH FUND INFORMATION
FOR THE YEAR ENDED DECEMBER 31, 1999
<TABLE>
<CAPTION>
Participant Directed
-----------------------------------------------------------------------------------------------
New York
Franklin GAM Life Insurance
Small Cap International Datascope Company
Growth Fund I Fund Corp. Stock Loan Anchor Account
(Class A) (Class A) Fund Fund Number 25 Other
------- ------- ---- ---- --------- -----
<S> <C> <C> <C> <C> <C> <C>
Additions to Net Assets
Attributed To:
Net investment gain (loss) $ 825,724 $ 33,692 $1,689,392 $ - $ - $ -
Interest - - - 145,044 511,185 -
-------------- -------------- ---------- ----------- ----------- -----------
825,724 33,692 1,689,392 145,044 511,185 -
-------------- -------------- ---------- ----------- ----------- -----------
Contributions:
Participants 177,450 150,270 235,420 - 566,250 256,957
Employer 42,192 43,673 77,054 - 213,926 77,115
-------------- -------------- ---------- ----------- ----------- -----------
219,642 193,943 312,474 - 780,176 334,072
-------------- -------------- ---------- ----------- ----------- -----------
Employee Rollovers 11,222 - 4,234 - 77,744 -
-------------- -------------- ---------- ----------- ----------- -----------
Total Additions 1,056,588 227,635 2,006,100 145,044 1,369,105 334,072
-------------- -------------- ---------- ----------- ----------- -----------
Deductions from Net Assets
Attributed To:
Benefits paid to participants (25,989) (36,319) (177,095) (102,168) (768,721) -
Fees and expenses - (50) - - (1,925) -
-------------- -------------- ---------- ----------- ----------- -----------
(25,989) (36,369) (177,095) (102,168) (770,646) -
-------------- -------------- ---------- ----------- ----------- -----------
Net Increase Prior to Interfund
Transfers 1,030,599 191,266 1,829,005 42,876 598,459 334,072
Interfund Transfers 292,822 (366,846) (509,226) 22,501 211,353 (352,843)
-------------- -------------- ---------- ----------- ----------- -----------
Net Increase (Decrease) 1,323,421 (175,580) 1,319,779 65,377 809,812 (18,771)
Net Assets Available for Benefits:
Beginning of Year 661,251 1,184,474 2,551,648 1,680,604 9,205,389 411,588
-------------- -------------- ---------- ----------- ----------- -----------
End of Year $ 1,984,672 $ 1,008,894 $3,871,427 $ 1,745,981 $10,015,201 $ 392,817
============== ============== ========== =========== =========== ===========
<CAPTION>
Participant Directed
--------------------
Total
-----
<S> <C>
Additions to Net Assets
Attributed To:
Net investment gain (loss) $ 12,002,356
Interest 656,229
------------
12,658,585
------------
Contributions:
Participants 4,544,565
Employer 1,397,394
------------
5,941,959
------------
Employee Rollovers 491,047
------------
Total Additions 19,091,591
------------
Deductions from Net Assets
Attributed To:
Benefits paid to participants (3,501,469)
Fees and expenses (20,090)
------------
(3,521,559)
------------
Net Increase Prior to Interfund
Transfers 15,570,032
Interfund Transfers -
------------
Net Increase (Decrease) 15,570,032
Net Assets Available for Benefits:
Beginning of Year 46,727,194
------------
End of Year $ 62,297,226
</TABLE> ============
See notes to financial statements.
- 4 -
<PAGE>
- 5 -
DATASCOPE CORP.
401(k) SAVINGS AND SUPPLEMENTAL RETIREMENT PLAN
NOTES TO FINANCIAL STATEMENTS
DECEMBER 31, 1999 AND 1998
Note A - Description of the Plan:
The following description of the Datascope Corp. 401(k) Savings and
Supplemental Retirement Plan (the "Plan") provides only general information.
Participants should refer to the plan agreement for a more complete description
of the Plan's provisions.
General
The Plan is a Defined Contribution Plan that covers all eligible employees.
The Plan was established by Datascope Corp. (the "Company") to provide
retirement income to its employees. It is subject to the provisions of the
Employee Retirement Income Security Act of 1974 (ERISA).
Contributions
Each participant may authorize the Company to reduce their compensation by
any whole percentage ranging from 1% to 15%. For the year ended December 31,
1999, the Company matched 50% of participating employee contributions up to a
maximum of 6% of compensation. Matching contributions for each plan year is at
the sole discretion of the Board of Directors. Contributions are subject to
certain limitations.
Participant Accounts
Each participant's account is credited with the participant's contribution
and allocations of (a) the Company's contribution and, (b) plan earnings.
Forfeited balances of terminated participants' non-vested accounts are used to
reduce future Company contributions. The benefit to which a participant is
entitled is the benefit that can be provided from the participant's vested
account. The participant directs the investment of his or her entire account.
Vesting
Participants are immediately vested in their contributions plus actual
earnings thereon. Vesting in the Company's matching contribution portion of
their accounts plus actual earnings thereon is based on years of continuous
service as follows:
Years of Service Vested Percentage
---------------- -----------------
Less than 2 years 0%
After 2 years, but less than 3 25%
After 3 years, but less than 4 50%
After 4 years, but less than 5 75%
After 5 or more years 100%
<PAGE>
- 6 -
DATASCOPE CORP.
401(k) SAVINGS AND SUPPLEMENTAL RETIREMENT PLAN
NOTES TO FINANCIAL STATEMENTS
DECEMBER 31, 1999 AND 1998
Note A - Description of Plan (Cont'd):
Investment Options
Upon enrollment in the plan, a participant shall direct the trustee to
invest his or her entire accrued benefit in any of the investment funds or
partially in any combination of such investment funds in multiples of one
percent. A participant may not direct that in excess of twenty five percent of
amounts held in his accounts be invested in Datascope common stock. The
investment options are the following:
<TABLE>
<S> <C>
Interest Income Option - Funds are invested in the New York Life Anchor account,
which is a pooled separate account of the New York Life
Insurance Company. The average yield and crediting interest
rates ranged from 5.49% to 6.05% for the year ended December
31, 1999; at December 31, 1999 interest was 6.02%. The
crediting interest rate is based on an agreed upon formula
with the issuer. Such interest rates change daily.
MainStay Institutional Indexed Bond Fund - Funds are invested in a diversified portfolio of investment
grade corporate and U.S. Government bonds, mortgage-backed
securities and asset-backed securities.
MainStay Institutional Indexed Equity Fund - Funds are invested in all stocks included in the Standard &
Poor's Composite Index of 500 Stocks in the same proportion
as their representation in the index.
MainStay Institutional Value Equity Fund - Funds are invested in common stocks, which are, in the
opinion of the Fund's Advisor, undervalued relative to
comparable securities. Effective April 21, 1999 this fund's
shares were redeemed and the proceeds were then used to
purchase American Century Income & Growth Fund shares.
American Century Income & Growth Fund - Effective April 21, 1999, the American Century Income &
Growth Fund was added to the Plan. The Fund seeks dividend
growth, current income and capital appreciation by investing
in common stocks. This fund replaces the Main Stay
Institutional Value Equity Fund - Institutional Class
shares.
Fidelity Magellan Fund -
Funds are invested mainly in stocks of domestic, foreign and
multinational issues of all sizes with growth potential.
</TABLE>
<PAGE>
- 7 -
DATASCOPE CORP.
401(k) SAVINGS AND SUPPLEMENTAL RETIREMENT PLAN
NOTES TO FINANCIAL STATEMENTS
DECEMBER 31, 1999 AND 1998
Note A - Description of Plan (Cont'd):
Investment Options (Cont'd):
<TABLE>
<S> <C>
Janus Twenty Fund - Effective April 21, 1999, the Janus Twenty Fund was added to
the Plan. The fund invests primarily in common stocks,
selected for their long-term growth potential.
Franklin Small Cap Growth Fund I - Funds are invested primarily in securities of domestic,
foreign and multinational issuers.
GAM International Fund - Funds are invested in securities issued by companies in
Canada, the United Kingdom, Continental Europe and the
Pacific basin.
Datascope Corp. Stock Fund - Funds are invested in common stock of Datascope Corp.
</TABLE>
Payment of Benefits
Upon termination of service, a participant with a balance below $5,000 will
receive a lump sum amount equal to the value of his or her account. For balances
that exceed $5,000, the participant may choose to either withdraw his or her
balance or continue to maintain the balance in the Plan.
Participant Loans
A participant may borrow from his or her vested accrued benefit. The
minimum loan amount is $500 and the maximum loan permissible is one-half of the
vested accrued benefit up to $50,000. Loans must be repaid in equal installments
consisting of principal and interest over a period not to exceed five years,
unless the loan is used to purchase a primary residence, in which case the
maximum term is fifteen years.
The loans are secured by the participant's vested accrued benefit. Loans
that exceed five years bear interest at a rate equal to the rate then being
charged for FHA residential mortgages; interest for loans of less than five
years are based on a rate of 1% above the prime commercial lending rate.
Outstanding loans as of December 31, 1999 bear interest at rates of 7% to 10%
and mature between January 2000 and November 2014.
Note B - Significant Accounting Policies:
Basis of Accounting
The financial statements of the Plan are prepared using the accrual method
of accounting.
<PAGE>
- 8 -
DATASCOPE CORP.
401(k) SAVINGS AND SUPPLEMENTAL RETIREMENT PLAN
NOTES TO FINANCIAL STATEMENTS
DECEMBER 31, 1999 AND 1998
Note B - Significant Accounting Policies (Cont'd):
Estimates
The preparation of financial statements in conformity with generally
accepted accounting principles requires the plan administrator to make estimates
and assumptions that affect certain reported amounts and disclosures.
Accordingly, actual results may differ from those estimates.
Investment Valuation
The Plan's investments are stated at fair value except for its investment
contract which is valued at contract value (which approximates fair value) as
reported to the Plan by New York Life. Shares of registered investment companies
are valued at quoted market prices which represent the net asset value of shares
held by the Plan at year-end. The Company stock is valued at its quoted market
price.
Payments of Benefits
Benefits are recorded when paid.
Payment of Administrative Expenses
It is expected that Datascope Corp. will provide direct payment of all
administrative expenses of the Plan.
Note C - Termination:
Although it has not expressed any intent to do so, the Company has the
right under the Plan to discontinue its contributions at any time and to
terminate the Plan subject to the provisions of ERISA. In the event of Plan
termination, participants will become 100% vested in their accounts.
Note D - Income Tax Status:
The Internal Revenue Service has ruled that the Plan qualifies under
Section 401(a) of the Internal Revenue Code and is, therefore, not subject to
tax under present Federal income tax laws. The Plan sponsor believes that the
Plan continues to qualify and to operate as designed.
<PAGE>
- 9 -
DATASCOPE CORP.
401(k) SAVINGS AND SUPPLEMENTAL RETIREMENT PLAN
NOTES TO FINANCIAL STATEMENTS
DECEMBER 31, 1999 AND 1998
Note E - Reconciliation of Financial Statements to Schedule H of Form 5500:
The following is a reconciliation of net assets available for benefits per
the financial statements at December 31, 1999 and 1998 to Schedule H of Form
5500:
<TABLE>
<CAPTION>
1999 1998
---- ----
<S> <C> <C>
Net assets available for benefits per the financial statements $ 62,297,226 $ 46,727,194
Less: Participants' and employer's contributions receivable (334,072) (349,162)
---------------- ---------------
Net Assets Available for Benefits per Schedule H of Form
5500 $ 61,963,154 $ 46,378,032
================ ===============
</TABLE>
The following is a reconciliation of additions to net assets attributed to
contributions per the financial statements to Schedule H of Form 5500, for the
year ended December 31, 1999.
<TABLE>
<S> <C>
Additions to net assets attributed to contributions per
the financial statements $ 5,941,959
Less: Contributions receivable at December 31, 1999 (334,072)
Add: Contributions receivable at December 31, 1998 349,162
--------------
Total Contributions Income per Schedule H of Form 5500 $ 5,957,049
==============
</TABLE>
<PAGE>
- 10 -
DATASCOPE CORP.
401(k) SAVINGS AND SUPPLEMENTAL RETIREMENT PLAN
SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES AT END OF YEAR
DECEMBER 31, 1999
Employer Identification Number 13-2529596 Plan Number 002
<TABLE>
<CAPTION>
(b) Identity of Issue, Borrower, Lessor, or Similar Party and
(c) Description of Investment Including Maturity Date, Rate (e) Current
(a) of Interest, Collateral, Par or Maturity Value (d) Cost Value
--- --------------------------------------------------------------- -------- -----
<S> <C> <C>
New York Life Insurance Company, Anchor Account
Number 25, with interest rates from 5.49% to 6.05% $ 10,015,201 $ 10,015,201
MainStay Institutional Indexed Bond Fund
(Institutional Class) 1,072,193 976,235
MainStay Institutional Indexed Equity Fund
(Institutional Class) 4,552,154 5,386,831
American Century Income & Growth Fund
(Investor Class) 7,667,971 8,708,288
Fidelity Magellan Fund 12,813,905 18,663,329
Janus Twenty Fund 7,633,855 9,543,551
Franklin Small Cap Growth Fund I (Class A) 1,231,378 1,984,672
GAM International Fund (Class A) 926,870 1,008,894
* Datascope Corp. Stock Fund 2,147,853 3,871,427
Participants' Loans Receivable, maturing January 2000,
through November 2014; interest rates from 7% to 10% 0 1,745,981
---------------- ---------------
Totals $ 48,061,380 $ 61,904,409
================ ===============
</TABLE>
* Indicates party-in-interest to the Plan
See accompanying independent auditor's report and notes to financial statements.
<PAGE>
- 11 -
DATASCOPE CORP.
401(k) SAVINGS AND SUPPLEMENTAL RETIREMENT PLAN
SCHEDULE OF INVESTMENT ASSETS BOTH
ACQUIRED AND DISPOSED OF WITHIN THE PLAN YEAR
DECEMBER 31, 1999
Employer Identification Number 13-2529596 Plan Number 002
<TABLE>
<CAPTION>
(b) Description of Investment Including
(a) Identity of Issue, Borrower, Maturity Date, Rate of Interest, (c) Cost of (d) Proceeds of
Lessor, or Similar Party Collateral, Par, or Maturity Value Acquisitions Dispositions
------------------------ ---------------------------------- ------------ ------------
<S> <C> <C> <C>
Participant Loans Lowest and highest rate of interest $ 0 $ 0
charged - 8.75% - 9.25%
</TABLE>
See accompanying independent auditor's report and notes to financial statements.
<PAGE>
- 12 -
DATASCOPE CORP.
401(k) SAVINGS AND SUPPLEMENTAL RETIREMENT PLAN
SCHEDULE OF REPORTABLE TRANSACTIONS
FOR THE YEAR ENDED DECEMBER 31, 1999
Employer Identification Number 13-2529596 Plan Number 002
<TABLE>
<CAPTION>
(c) Purchase (d) Selling (g) Cost of (i) Net Gain
(b) Description of Assets Price Price Asset or (Loss)
------------------------- ----- ----- ----- ---------
<S> <C> <C> <C> <C>
American Century Income &
Growth Fund -
Acquisitions - 267,674 shares $ 7,974,020
Main Stay Institutional Value
Equity Fund -
Sales - 612,444 shares $ 7,974,020 $ 10,218,897 $ (2,244,877)
</TABLE>
The following columns have not been included above because they are not
applicable to the reportable transactions for the year ended December 31, 1999:
(a) Identity of party involved.
(e) Lease rental.
(f) Expense incurred with transaction.
Information with respect to column "(h) current value of asset on transaction
date" is not included because the value is the same as either the purchase price
or selling price as applicable.
Other reportable transactions are not included above because they are under an
individual account plan that each participant directs with respect to assets
allocated to his or her account.
See accompanying independent auditor's report and notes to financial statements.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Datascope Corp. Benefits Committee, which administers the Datascope Corp.
401(k) Savings and Supplemental Retirement Plan, has caused this annual report
to be signed on its behalf by the undersigned hereunto duly authorized.
DATASCOPE CORP. 401(K) SAVINGS
AND SUPPLEMENTAL RETIREMENT
PLAN
June 26, 2000 /s/ Murray Pitkowsky
----------------------------------
Murray Pitkowsky
Member, Datascope Corp. Benefits
Committee
June 26, 2000 /s/ James Cooper
----------------------------------
James Cooper
Member, Datascope Corp. Benefits
Committee
June 26, 2000 /s/ Leonard S. Goodman
----------------------------------
Leonard S. Goodman
Member, Datascope Corp. Benefits
Committee
June 26, 2000 /s/ Phyllis Payne
----------------------------------
Phyllis Payne
Member, Datascope Corp. Benefits
Committee
<PAGE>
DATASCOPE CORP.
401(K) SAVINGS AND SUPPLEMENTAL RETIREMENT PLAN
ANNUAL REPORT ON FORM 11-K
EXHIBIT INDEX
Exhibit
-------
1 Consent of Milgrom Galuskin Balmuth & Company
