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 [FEE REQUIRED]
For the fiscal year ended December 31, 1993
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 33-34149
A. Full title of the plan and the address of the plan,
if different from that of the issuer named below:
Bob Evans Farms, Inc. and Affiliates 401K Retirement Plan
B. Name of issuer of the securities held pursuant to
the plan and the address of its principal executive office:
Bob Evans Farms, Inc.
3776 South High Street
Columbus, Ohio 43207
<PAGE>
REQUIRED INFORMATION
The following financial statements and schedules for
the Bob Evans Farms, Inc. and Affiliates 401K Retirement Plan are
being filed herewith:
Description Page No.
Audited Financial Statements:
Report of Independent Auditors Page 7.
Statements of Net Assets Available for Plan Page 8.
Benefits at December 31, 1993 and December 31,
1992
Statements of Changes in Net Assets Available Page 9.
for Plan Benefits for the Years Ended
December 31, 1993 and December 31, 1992
Notes to Financial Statements -- December 31, 1993 Pages 10
through 15.
Schedules:
Assets Held for Investment -- December 31, 1993 Pages 16
through 21.
Transactions or Series of Transactions in Excess
of 5% of the Current Value of Plan Assets for Pages 22
the Year Ended December 31, 1993 and 23.
The following exhibit is being filed herewith:
Exhibit No. Description Page No.
1 Consent of Ernst & Young, Page 25.
Independent Auditors
<PAGE>
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.
BOB EVANS FARMS, INC. AND AFFILIATES
401K RETIREMENT PLAN
(Name of Plan)
Date: June 28, 1994 By: /s/ David P. McHolland
David P. McHolland, Chairman of
the Bob Evans Farms, Inc. and
Affiliates 401K Retirement Plan
Committee (also known as the
Deferral Plan Committee)
<PAGE>
BOB EVANS FARMS, INC. AND AFFILIATES
401K RETIREMENT PLAN
ANNUAL REPORT ON FORM 11-K
FOR FISCAL YEAR ENDED DECEMBER 31, 1993
INDEX TO FINANCIAL STATEMENTS
Description Page No.
Audited Financial Statements:
Report of Independent Auditors Page 7.
Statements of Net Assets Available for Plan Page 8.
Benefits at December 31, 1993 and December 31,
1992
Statements of Changes in Net Assets Available Page 9.
for Plan Benefits for the Years Ended
December 31, 1993 and December 31, 1992
Notes to Financial Statements -- December 31, 1993 Pages 10.
through 15.
Schedules:
Assets Held for Investment -- December 31, 1993 Pages 16
through 21.
Transactions or Series of Transactions in Excess Pages 22
of 5% of the Current Value of Plan Assets for and 23.
the Year Ended December 31, 1993
<PAGE>
BOB EVANS FARMS, INC. AND AFFILIATES
401K RETIREMENT PLAN
ANNUAL REPORT ON FORM 11-K
FOR FISCAL YEAR ENDED DECEMBER 31, 1993
INDEX TO EXHIBITS
Exhibit No. Description Page No.
1 Consent of Ernst & Young, Page 25.
Independent Auditors
<PAGE>
Audited Financial Statements and Schedules
Bob Evans Farms, Inc. and Affiliates
401K Retirement Plan
Years ended December 31, 1993 and 1992
with Report of Independent Auditors
<PAGE>
Bob Evans Farms, Inc. and Affiliates
401K Retirement Plan
Audited Financial Statements and Schedules
Years ended December 31, 1993 and 1992
Contents
Report of Independent Auditors . 1
Audited Financial Statements
Statements of Net Assets Available for Plan Benefits 2
Statements of Changes in Net Assets Available for
Plan Benefits 3
Notes to Financial Statements 4
Schedules
Assets Held for Investment 10
Transactions or Series of Transactions in Excess of 5% of
the Current Value of Plan Assets 16
<PAGE>
Report of Independent Auditors
Participants of the
Bob Evans Farms, Inc. and Affiliates 401K
Retirement Plan
We have audited the accompanying statements of net assets
available for plan benefits of Bob Evans Farms, Inc. and
Affiliates 401K Retirement Plan (the Plan) as of December 31,
1993 and 1992, and the related statements of changes in net
assets available for plan benefits for the years then ended.
These financial statements are the responsibility of the Plan's
management. Our responsibility is to express an opinion on these
financial statements based on our 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 plan benefits of the Plan at December 31, 1993 and
1992, and the changes in its net assets available for plan
benefits for the years then ended, in conformity with generally
accepted accounting principles.
Our audits were made for the purpose of forming an opinion on the
financial statements taken as a whole. The accompanying
supplemental schedules of assets held for investment as of
December 31, 1993 and transactions or series of transactions in
excess of 5% of the current value of plan assets for the year
ended December 31, 1993, are presented for purposes of complying
with the Department of Labor's Rules and Regulations for
Reporting and Disclosure under the Employee Retirement Income
Security Act of 1974, and are not a required part of the
financial statements. The supplemental schedules have been
subjected to the auditing procedures applied in our audit of the
December 31, 1993 financial statements and, in our opinion, are
fairly stated in all material respects in relation to the
December 31, 1993 financial statements taken as a whole.
ERNST & YOUNG
Columbus, Ohio
March 31, 1994
<TABLE>
<PAGE>
Bob Evans Farms, Inc. and Affiliates 401K Retirement Plan
Statements of Net Assets Available for Plan Benefits
<CAPTION>
December 31
1993 1992
<S> <C> <C>
Assets
Assets held for investment (Note 1)
Cash and short-term investments $ 3,483,392 $2,940,556
401K funds investments (Note 6) 20,097,111 13,256,848
U.S. government and agency obligations 4,123,896 4,655,565
Corporate notes 3,581 ,179 4,213,582
Corporate stocks 20,541,953 20,379,719
Real estate joint ventures 231,877 231,877
52,059,408 45,678,147
Receivables
Employer receivable (Note 6) 2,162,511 1,631,143
Accru ed interest receivable 202,949 240,245
Employee withholdings receivable (Note 6)440,073 340,775
Other - 2,953
2,805,533 2,215,1 16
Total assets 54,864,941 47,893,263
Liabilities
Benefits payable 2,623,947 1,117,800
Net assets available for plan benefits $52,240,994 $46,775,463
See accompanying notes.
<PAGE>
Bob Evans Farms, Inc. and Affiliates 401K Retirement Plan
</TABLE>
<TABLE>
Statements of Changes in Net Assets Available for Plan Benefits
<CAPTION>
Year ended December 31
1993 1992
<S> <C> <C>
Additions:
Employer contributions $ 3,015,000 $ 2,337,313
Employee contributions 5,485,260 4,389,500
Interest and dividends 1,739,4 27 1,686,251
Net realized and unrealized
appreciation in current value of
investments (Note 4) 767,143 2,037,934
Transfers from other plans (Note 8) - 835,471
11,006,830 11,277,554
Deductions:
Administrative expenses 346,381 8,915
Profit sharing plan distributions -
terminations and retirements 5,194,918 3,119,092
Net increase 5,465,531 8,158,462
Net assets available for plan benefits
at beginning of year 46,775,463 38,617,001
Net assets available for plan benefits
at end of year $52,240,994 $46,775,463
See accompanying notes.
</TABLE>
<PAGE>
1. Significant Accounting Policies
Valuation of Investments
Investments are stated at current value. Securities which are
traded on a national securities exchange are valued at the last
reported sales price on the last business day of the year;
investments traded in the over-the-counter market and listed
securities for which no sale was reported on that date are valued
at the average of the last reported bid and ask prices.
The change in the difference between the cost of investment and
the current value since the last valuation date is reflected in
the statement of changes in net assets available for plan
benefits as net unrealized appreciation (depreciation) in current
value of investments.
Net realized gain on sale of investments is the difference
between the proceeds received and the specific cost of
investments sold.
Administrative Expenses
For the year ended December 31, 1993, administrative expenses of
the Bob Evans Farms, Inc. and Affiliates 401K Retirement Plan
(the Plan) are borne by the Plan. For the year ended December
31, 1992, Bob Evans Farms, Inc. (the Company) bore the expenses
for accounting and administrative services.
Reclassifications
Certain 1992 amounts have been reclassified to conform with the
1993 classification.
2. Description of the Plan
The Plan is a contributory retirement plan which enables
substantially all full-time employees of the Company to share in
the profits of the Company and to defer a percentage of their
wages as a contribution to the Plan with a portion matched by the
Company.
<PAGE>
2. Description of the Plan (continued)
Each year the Board of Directors determines an amount that the
Company may contribute as the Companys profit sharing, match, or
base contributions, to the Plan. This amount cannot exceed the
maximum amount deductible for federal income tax purposes.
Profit sharing contributions are allocated among the
participating employees on the basis of and in proportion to
their respective compensations, not in excess of the amount
determined by the Secretary of the Treasury. Matching
contributions are made in the proportion of the participant's
deferred compensation. The base contribution is allocated to all
participants equally. Forfeitures resulting from unvested
benefits of the profit sharing fund are reallocated to remaining
participants based on their respective balances at the beginning
of the plan year. Forfeitures resulting from unvested benefits
of the employer matching fund shall be used to reduce present and
future employer matching contributions.
The Company has the right under the Plan to discontinue its
contributions at any time and terminate the Plan. In the event
of termination, participants shall acquire nonforfeitable
interests in amounts then credited to their accounts.
3. Benefits
Assets available for plan benefits are allocated among the
participating employees on the basis of their account balances.
Benefits are determined based on the contributions provided by
and allocated to them as described in Note 2, and their allocable
share of the income and expenses of the Plan. With respect to
the profit sharing and matching employer contribution,
participants are twenty percent vested after three years and
graduating to one hundred percent vested after seven years.
Participants are fully vested in their contribution and the
Company's base contribution.
Benefits are generally payable upon the employee's death,
retirement, disability, or termination. Benefit payments allow
the participant to elect to purchase an annuity contract from a
reserve life insurance company as well as taking either a lump
sum distribution or equal monthly installments over a period not
to exceed ten years.
<PAGE>
4. Investments
The Plan's investments are held by a trust fund administered by
National City Bank. During the years ended December 31, 1993 and
1992, the Plan's investments (including investments bought, sold,
exchanged, as well as held during the year) appreciated or
depreciated in current value as follows:
<TABLE>
<CAPTION>
1993 1992
<S> <C> <C>
Short-term investments $35,620 $23,253
401K funds investments 658,730 625,892
U.S. government and agency obligations (78,302) (40,383)
Corporate notes 40,762 (33,253)
Corporate stocks 110,333 1,479,358
Real estate joint ventures - (16,933)
$767,143 $2,037,934
</TABLE>
The current value of individual investments that represent 5% or
more of the Plan's assets is as follows:
<TABLE>
<CAPTION>
December 31
1993 1992
<S> <C> <C>
Bob Evans Farms, Inc. common stock $14,486,041 $11,679,477
NCC Money Market Portfolio (Trust) 5,350,517 5,535,255
NCC Equity Fund 5,401,717 3,507,512
NCC Fixed Income Fund 4,640,020 2,597,365
</TABLE>
<PAGE>
5. Transactions with Party-In-Interest
The Plan currently owns 662,219 shares of the Company's common
stock. Of this amount, 134,333 shares were purchased during the
year ended December 31, 1993. The current market value of stock
represents amounts provided by National City Bank, Trustee. Cash
dividends received from the Company were $154,646 and $111,712
for the years ended December 31, 1993 and 1992, respectively.
6. Detail of Employee Investment Funds
Under the terms of the Plan, participants may direct their
contributions in ten percent increments to three different
investment funds; a money market fund, a managed fund, and a Bob
Evans stock fund. The following tables describe the allocation
of the net assets and the changes in net assets of these employee
directed funds:
<TABLE>
<CAPTION>
Money Managed Bob Evans Total
Market Fund Stock
Fund Fund
<S> <C> <C> <C> <C>
Invested assets $3,407,713 $10,048,255 $6,641,143 $20,097,111
Employee
withholdings
receivable 106,062 150,666 183,345 440,073
Accrued investment
income 9,138 11 467 9,616
Net assets of
employee directed
funds at
December 31, 1993 $3,522,913 $10,198,932 $6,824,955 $20,546,800
Invested assets $3,202,723 $6,290,389 $3,763,736 $13,256,848
Employee
withholdings
receivable 119,375 94,500 126,900 340,775
Accrued investment
income 8,620 23,217 482 32,319
Net assets of
employee directed
funds at December
31, 1992 $3,330,718 $6,408,106 $3,891,118 $13,629,942
</TABLE>
<PAGE>
6. Detail of Employee Investment Funds (continued)
Changes in net assets for the year ended December 31, 1993:
<TABLE>
<CAPTION>
Money Managed Bob Evans Total
Market Fund Stock
Fund Fund
<S> <C> <C> <C> <C>
Allocated employer
contributions $219,713 $1,886,006 $231,657 $2,337,376
Employee
contributions 1,326,005 1,962,142 2,197,113 5,485,260
Investment gains 79,304 491,455 471,563 1,042,322
Distributions (454,804) (952,823) (540,473) (1,948,100)
Transfer between
funds (978,023) 404,046 573,977 -
Net increase 192,195 3,790,826 2,933,837 6,916,858
Net assets at
beginning of
period 3,330,718 6,408,106 3,891,118 13,629,942
Net assets at end
of period $3,522,913 $10,198,932 $6,824,955 $20,546,800
</TABLE>
Of the employer contributions for the match and base contribution
totalling $3,015,000, $852,489 has been made to the Plan, but had
not been allocated to the 401K funds as of December 31, 1993.
The remaining $2,162,511 is a receivable of the Plan at
December 31, 1993.
Changes in net asets for the year ended December 31, 1992:
<TABLE>
<CAPTION>
Money Managed Bob Evans Total
Market Fund Stock
Fund Fund
<S> <C> <C> <C> <C>
Allocated employer
contributions $ 142,588 $2,027,010 $ 63,650 $ 2,233,248
Employee
contributions 1,471,770 1,359,519 1,558,211 4,389,500
Investment gains 99,317 400,690 488,664 988,671
Distributions (332,404) (531,217) (239,087) (1,102,708)
Transfers between
funds (452,649) 63,923 388,726 _
Transfers from
other plans 213,492 307,460 268,388 789,340
Net increase 1,142,114 3,627,385 2,528,552 7,298,051
Net assets at
beginning of
period 2,188,604 2,780,721 1,362,566 6,331,891
Net assets at
end of period $3,330,718 $6,408,106 $3,891,118 $13,629,942
</TABLE>
<PAGE>
6. Detail of Employee Investment Funds (continued)
Of the employer contributions for the match and base contribution
totaling $2,337,313, $706,170 has been made to the Plan, but had
not been allocated to the 401(k) funds as of December 31, 1992.
The remaining $1,631,143 is a receivable of the Plan at
December 31, 1992.
7. Income Tax Status
Prior to the amendment to permit participant contributions, the
Internal Revenue Service has ruled that the Plan qualified under
Section 401(a) of the Internal Revenue Code (IRC) and was,
therefore, not subject to tax under present income tax laws. The
Plan has not applied for a determination status for the amended
plan.
8. Transfers from Other Plans
During 1992, the Company acquired the net assets of another
company (the Subsidiary) whose employees were enrolled in the
Subsidiary's employee benefit plan. In conjunction with the
acquisition, the Subsidiary's plan was terminated. The assets
were contributed to the Plan and allocated to the 401(k) funds in
accordance with the participants' requests. All employees
eligible under the Subsidiary's plan were included in the Plan.
<TABLE>
<CAPTION>
<PAGE>
Face Value
or Number
of Shares Description Current
Cost Value
SHORT-TERM INVESTMENTS
<C> <S> <C> <C>
250,000 Federal Farm Credit Banks,
8.625%, due 9/1/94 $ 247,930 $ 258,275
300,000 Federal National Mortgage
Assn., 8.9%, due 8/10/94 299,719 309,630
300,000 Federal National Mortgage
Assn., 9.25%, due 11/10/94 302,484 313,200
75,000 Ford Motor Credit Company,
7.5%, due 3/1/94 69,776 75,445
250,000 ITT Corporation, 8.85%,
due 6/20/94 248,750 255,038
300,000 Phil lip Morris, Inc.,
8.75%, due 11/15/94 299,475 311,109
1,852,065 NCC Money Market Portfolio 1,852,065 1,852,065
107,911 NCC Government Portfolio 107,911 107,911
719 Participant Loan 719 719
3,428,829 3,483,392
401K FUNDS INVESTMENTS
299,745 Bob Evans Farms, Inc.,
common stock 5,191,417 6,556,922
42,488 National City Bank Equity
Fund 4,996,122 5,401,717
42,804 National City Bank Fixed
Income Fund 4,407,745 4,640,020
3,498,452 NCC Money Market
Portfolio` 3,498,452 3,498,452
18,093,736 20,097,111
U.S. GOVERNMENT AND AGENCY OBLIGATIONS
300,000 U.S. Treasury Notes, 8.50%
note, due 5/15/97 299,203 334,593
500,000 U.S. Treasury Notes, 5.50%
note, due 4/15/00 498,516 504,220
200,000 Federal Farm Credit Banks,
9.30% note, due 6/27/00 200,000 214,940
</TABLE>
<TABLE>
<CAPTION>
<PAGE>
Face Value
or Number
of Shares Description Current
Cost Value
U.S. GOVERNMENT AND AGENCY OBLIGATIONS
(continued)
<C> <S> <C> <C>
500,000 Federal Farm Credit Banks,
7.875% note, due 10/10/01 497,969 515,750
300,000 Federal Home Loan Banks,
9.00% note, due 3/27/95 300,000 318,000
250,000 Federal National Mortgage
Assn., 8.20% note, due
8/10/98 259,766 264,050
300,000 Federal National Mortgage
Assn., 7.64% note, due
5/6/99 300,000 320,835
300,000 Federal National Mortgage
Assn., 7.05% note, due
12/18/98 299,906 313,860
200,000 Federal National Mortgage
Assn., 6.45% note, due
6/10/03 199,625 201,860
150,000 Federal National Mortgage
Assn., 6.80% note, due
10/23/02 150,000 156,570
300,000 Federal National Mortgage
Assn., 8.75% note, due
6/10/96 300,469 327,840
250,000 Federal National Mortgage
Assn., 9.25% note, due
4/10/97 250,000 253,825
75,000 Federal National Mortgage
Assn., 8.95% note, due
7/10/97 74,660 84,443
300,000 Federal National Mortgage
Assn., 8.60% note, due
12/10/97 300,000 313,110
3,930,114 4,123,896
CORPORATE NOTES
200,000 Anheuser Busch Co., Inc.,
8.75%, due 12/1/99 199,300 229,124
300,000 B.P. America, Inc. 9.375%,
due 6/1/97 300,000 305,904
200,000 Ch ubb Corp., 8.75%, due
11/15/99 199,500 229,186
</TABLE>
<TABLE>
<CAPTION>
Face Value
or Number
of Shares Description Current
Cost Value
CORPORATE NOTES (continued)
<C> <S> <C> <C>
175,000 CoAmerica, Incorporated,
9.75%, due 5/1/99 174,125 205,350
500,000 Eastman Kodak Company,
7.25% due 7/1/99 495,250 530,230
250,000 Exxon Capital Corporation,
7.875%, due 8/15/97 249,233 272,420
250,000 Ford Motor Credit Company,
8.25%, due 5/15/96 249,375 268,515
300,000 General Electric Capital
Corporation, 8.25%, due
1/14/95 299,772 312,795
200,000 General Mills, Inc.,
9.05%, due 10/10/95 200,000 214,822
200,00 0 Republic New York
Corporation, 8.375%,
due 5/1/96 199,666 216,032
300,000 SCE Capital Company,
7.375%, due 12/15/03 287,064 319,218
200,000 Southwestern Bell Tel Co.,
6.625%, due 4/1/05 198,660 202,468
250,000 Xerox Corp., 9.20%,
due 7/15/99 250,000 275,115
3,301,945 3,581, 179
</TABLE>
<TABLE>
<CAPTION>
Face Value
or Number
of Shares Description Current
Cost Value
CORPORATE STOCK
<C> <S> <C> <C>
2,200 Akzo N V, common 73,584 106,425
2,600 Alco Standard Corp.,
common 81,583 142,350
7,800 Amcast Industrial Corp.,
common 93,756 164,775
4,000 American Greetings
Corporation C/A, common 78,570 136,000
1,800 American International
Group, Inc., common 100,596 157,950
2,600 American Telephone &
Telegraph Co., common 97,871 136,500
3,000 BB & T Financial Corp.,
common 57,285 99,750
3,750 Banta Corporation, common 62,344 135,937
2,900 Baxter International,
Inc., common 98,027 70,687
3,000 Beneficial Corp., common 116,014 114,750
362,474 Bob Evans Farms, Inc.,
common 1,357,219 7,929,119
10,000 Browning Ferris Industries,
Inc., common 177,085 257,50 0
5,900 Cincinnati Financial Corp.,
common 145,000 315,650
14,000 Coca Cola Co., common 69,877 624,750
8,800 Cooper Tire & Rubber,
common 206,788 220,000
4,300 Crane Co., common 83,510 106, 425
3,900 Dow Chemical Co., common 222,186 221,325
2,000 DuPont E.I. DeNemours,
common 94,410 96,500
9,000 Duracell International,
Inc., common 257,931 322,875
1,900 Eastman Kodak Co., common 118,266 106,875
3,200 Eaton Corporation,. common 80,9 28 113,625
5,000 Emerson Electric Co.,
common 289,775 301,250
1,80 0 Exxon Corp., common 88,012 161,600
3,000 FAD Ind's Inc., common 107,536 106,500
4,400 Ferro Corp., common 120,802 140,800
5, 700 GTE Corporation, common 178,323 199,500
8,000 General Electric Co.,
common 246,337 839,000
3,000 General Motors Corp.,
common 96,240 87,750
4,800 Glaxo Holdings PLC, common 95,347 100,200
</TABLE>
<TABLE>
<CAPTION>
Face Value
or Number
of Shares Description Current
Cost Value
CORPORATE STOCK (continued)
<C> <S> <C> <C>
3,700 Harris Corporation, common 97 ,795 168,350
5,600 Hanson PLC, common 98,549 112,000
1,700 Hewlett Packard Co., common 79,251
134,300
5,838 Huntington Bancshares,
Inc., common 56,739 137,922
1,600 ITT Corporation, common 91,557 1 46,000
4,400 Ingersoll Rand Company,
common 102,476 168,300
3,000 International Business
Machines, common 368,160 169,500
2,100 Johnson Controls, Inc.,
common 108,282 111,562
4,900 K Mart Corp., common 94,495 105,350
4,000 La-Z-Boy Chair Company,
common 95,628 150,000
12,000 Limited, Inc., common 172,176 204,000
1,600 McGraw Hill, Inc., common 96,918 108,200
8,000 Millipore Corp., common 228,560 320,000
2,500 Minnesota Mining &
Manufacturing Co., common 272,700 271,875
4,300 Mobil Corp., common 209,399 340,237
8,000 Nestle SA ADR, common 2 36,000 345,624
4,400 New Jersey Res. Corp.,
common 90,552 113,850
2,000 Northern States Power Co.,
common 65,581 86,250
5,000 Norw est Corp., common 53,176 121,875
5,000 Ogden Corp., common 122,164 113,750
2,500 J.C. Penney, Inc., common 117,895 131,562
4,700 Pf izer Inc., common 328,154 324,300
9,000 Philip Morris Companies
Inc., common 108,106 500,625
2,100 Potlatch Corp., common 71,070 9 8,962
2,400 Proctor & Gamble Company,
common 97,980 136,800
6,000 Quixote Corp., common 90,420 106,500
4,000 Radiation System, Inc.,
common 63,436 61,000
1,300 Royal Dutch Petroleum Co.,
common 77,458 135,687
</TABLE>
<TABLE>
<CAPTION>
<PAGE>
Face Value
or Number
of Shares Description Current
Cost Value
CORPORATE STOCK (continued)
<C> <S> <C> <C>
15,000 Sara Lee Corp., common 217,2 37 375,000
12,700 Sherwin Williams Co.,
common 270,570 454,025
4,0 00 Society Corp., common 107,750 119,000
2,700 Southern Company, common 62,842 119,137
5,200 Standex Intl Corp., common 132,922 143 ,650
1,200 Super Foods Services,
Inc., common 14,400 15,750
2,300 Textron, Inc., common 77,096 133,975
9,000 Tokheim Corp., common 110,835 117,000
2,100 TRW, Inc., common 126,168 145,425
3,50 0 Universal Foods Corp.,
common 123,002 112,438
2,000 U.S. West Inc., common 72,180 91,750
1,400 Warner Lambert Company,
common 100,189 94,500
5,300 Wolohan Lumber Co. 113,950 91,425
2,500 York International Corp.,
common 93,300 88,129
10,212,320 20,541,953
</TABLE>
<TABLE>
<CAPTION>
Ownership Estimated
Interest Description Book Value Current
Value
REAL ESTATE JOINT VENTURES
<C> <S> <C> <C>
57.88% Vantage Mortgage Fund 253,358 103,877
10.00% Deer Creek Joint Venture 22,244 50,000
.17% Winthrop California
Investors Limited
Partnership 327,378 78,000
602,980 231,877
TOTAL INVESTMENTS $39,569,924 $52,059,408<PAGE>
</TABLE>
<TABLE>
Bob Evans Farms, Inc. and Affiliates
401K Retirement Plan
Transactions or Series of Transactions in Excess
of 5% of the Current Value of Plan Assets
<CAPTION>
December 31, 1993
Asset Description Purchase Selling
Price Price
<S> <C> <C> <C>
Category (iii) - A series of transactions in
excess of 5% of plan assets
NCC Money Market Portfolio
(Trust) 211 Purchases $15,229,198
251 Sales $15,290,656
Bob Evans Farms, Inc.
(common) * 23 Purchases 2,464,313
There were no category (i), (ii) or (iv) reportable transactions during
the year ended December 31, 1993.
* Party-in-interest.<PAGE>
</TABLE>
<TABLE>
<CAPTION>
Current Value
of Asset on
Cost of Transaction Net Gain
Asset Date (Loss)
<C> <C> <C>
$15,229,198 $15,229,198
15,290,656 15,290,656 $ -
2,464,313 2,464,313 $ -
<PAGE>
<EX-1>
Exhibit 1
Consent of Ernst & Young, Independent Auditors
We consent to the incorporation by reference in the Registration Statement
(Form S-8 No. 33-34149) pertaining to the 401K Retirement Plan of Bob Evans
Farms, Inc. and Affiliates and in the related Prospectus of our report dated
March 31, 1994, with respect to the financial statements and
schedules of Bob Evans Farms, Inc. and Affiliates 401K Retirement
Plan included in this Annual Report (Form 11-K) for the year
ended December 31, 1993.
ERNST & YOUNG
Columbus, Ohio
June 25, 1994
</TABLE>
