- - ---------------------------------------------------------------------------
- - ---------------------------------------------------------------------------
- - ---------------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
-----------------------------
FORM 11-K
ANNUAL REPORT
-----------------------------
Pursuant to Section 15(d) of the
Securities Exchange Act of 1934 [Fee Required]
-----------------------------
For the Fiscal Year Ended December 31, 1993 Commission file number 1-9076
-----------------------------
Full Title of the Plan:
PROFIT-SHARING PLAN OF AMERICAN BRANDS, INC.
-----------------------------
Name of issuer of the securities held pursuant to the plan
and the address of its principal executive office:
AMERICAN BRANDS, INC.
1700 East Putnam Avenue
Old Greenwich, Connecticut 06870
- - ---------------------------------------------------------------------------
- - ---------------------------------------------------------------------------
- - ---------------------------------------------------------------------------
<PAGE>
PROFIT-SHARING PLAN OF AMERICAN BRANDS, INC.
INDEX TO FINANCIAL STATEMENTS, SCHEDULE AND EXHIBIT FILED AS
REQUIRED BY ITEM 4 OF FORM 11-K
-----------------------------
Page(s)
Report of Independent Accountants 2
Financial Statements:
Statement of Net Assets Available for Plan
Benefits as of December 31, 1993 and 1992 3-4
Statement of Changes in Net Assets
Available for Plan Benefits for the years ended
December 31, 1993 and 1992 5-6
Notes to Financial Statements 7-15
Financial Statement Schedule:
Item 27a - Schedule of Assets Held for
Investment Purposes as of December 31, 1993 16-17
Exhibit 23 - Consent of Independent Accountants
<PAGE>
SIGNATURE
The Plan. Pursuant to the requirements of the Securities Exchange Act
of 1934, the Corporate Employee Benefits Committee under the Profit-Sharing
Plan of American Brands, Inc. has duly caused this annual report to be
signed on its behalf by the undersigned thereunto duly authorized.
PROFIT-SHARING PLAN OF AMERICAN BRANDS, INC.
S. C. Mendenhall
By ------------------------------------------
S. C. Mendenhall, Chairman
Corporate Employee Benefits Committee of
American Brands, Inc.
Date: May 13, 1994
EXHIBIT 23
CONSENT OF INDEPENDENT ACCOUNTANTS
We consent to the incorporation by reference into (a) Post-Effective
Amendment No. 4 to the Registration Statement on Form S-8 (Registration No.
33-13363) relating to the Profit-Sharing Plan of American Brands, Inc., the
Registration Statement on Form S-8 (Registration No. 33-45869) relating to
the Profit-Sharing Plan of The American Tobacco Company and the
Registration Statement on Form S-8 (Registration No. 33-39855) relating to
the 1990 Long-Term Incentive Plan of American Brands, Inc., and the
prospectuses related thereto, and (b) the prospectuses related to the
Registration Statements on Form S-3 (Registration Nos. 33-50832, 33-42397,
33-23039 and 33-3985) of American Brands, Inc., of our report dated May 6,
1994, accompanying the Statement of Net Assets Available for Plan Benefits
and the Statement of Changes in Net Assets Available for Plan Benefits as
of December 31, 1993 and 1992 and for the years then ended, and the
Schedule of Assets Held for Investment Purposes as of December 31, 1993, of
the Profit-Sharing Plan of American Brands, Inc., included in this Annual
Report on Form 11-K.
COOPERS & LYBRAND
1301 Avenue of the Americas
New York, New York 10019
May 13, 1994
