<PAGE>
As filed with the Securities and Exchange Commission on June 28, 1994
- - --------------------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
-------------
FORM 11-K
ANNUAL REPORT
PURSUANT TO SECTION 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
(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 1-9390
------------------
-------------
FOODMAKER, INC. EASY$AVER PLUS PLAN
(Full title of the Plan)
-------------
FOODMAKER, INC.
(Name of issuer of the securities held pursuant to the Plan)
9330 Balboa Avenue
San Diego, CA 92123
(Address of principal executive offices)<PAGE>
<PAGE>
FOODMAKER, INC. EASY$AVER PLUS PLAN
Financial Statements and Schedules
December 31, 1993 and 1992
(With Independent Auditors' Report Thereon)
<PAGE>
<PAGE>
FOODMAKER, INC. EASY$AVER PLUS PLAN
December 31, 1993 and 1992
TABLE OF CONTENTS
Page Number
-----------
Independent Auditors' Report 1
Statements of Net Assets Available for Plan Benefits
as of December 31, 1993 and 1992 2
Statements of Changes in Net Assets Available for Plan
Benefits for the years ended December 31, 1993 and 1992 4
Notes to Financial Statements 6
Schedule I - Schedule of Investments 10
Schedule II - Reportable Transactions 11
<PAGE>
<PAGE>
Independent Auditors' Report
----------------------------
The Participants and the
Administrative Committee
Foodmaker, Inc. Easy$aver Plus Plan:
We have audited the accompanying Statements of Net Assets Available for Plan
Benefits of the Foodmaker, Inc. Easy$aver Plus Plan (the "Plan") as of
December 31, 1993 and 1992, and the related Statements of Changes in Net
Assets Available for Plan Benefits for each of the years in the two-year
period ended December 31, 1993. 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
as of December 31, 1993 and 1992, and the changes in net assets available for
plan benefits for each of the years in the two-year period ended December 31,
1993, in conformity with generally accepted accounting principles.
Our audit was made for the purpose of forming an opinion on the basic
financial statements taken as a whole. Schedules I and II are presented for
purposes 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. The fund
information in the Statements of Net Assets Available for Plan Benefits and
the Statements of Changes in Net Assets Available for Plan Benefits is
presented for purposes of additional analysis rather than to present the net
assets available for plan benefits and changes in net assets available for
plan benefits of each fund. The supplemental schedules and fund information
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.
KPMG PEAT MARWICK
San Diego, California
May 27, 1994
1
<PAGE>
<PAGE>
FOODMAKER, INC. EASY$AVER PLUS PLAN
Statements of Net Assets Available for Plan Benefits
(in thousands)
<TABLE>
<CAPTION>
December 31, 1993
-------------------------------------------------------------------------------------
Ralston
Purina Fixed FMI Dreyfus
Common Equity Income Growth Common Bond Loans to
Stock Fund Fund Fund Fund Stock Fund Fund Participants Total
---------- ------- ------- ------- ---------- ------- ------------ -----
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Interest and dividends receivable $ - - 76 - - - - 76
------ ------ ------ ------ ------ ------ ------ ------
Contributions receivable:
Employee - 35 70 29 10 11 - 155
Employer - 12 25 10 3 4 - 54
------ ------ ------ ------ ------ ------ ------ ------
- 47 95 39 13 15 - 209
------ ------ ------ ------ ------ ------ ------ ------
Investments:
Short-term investments 27 2 1 - - - - 30
Common stocks 570 6,371 - 2,167 655 - - 9,763
Government bonds - - - - - 438 - 438
Insurance company contracts - - 13,114 - - - - 13,114
Notes receivable from
participants - - - - - - 2,179 2,179
------ ------ ------ ------ ------ ------ ------ ------
597 6,373 13,115 2,167 655 438 2,179 25,524
------ ------ ------ ------ ------ ------ ------ ------
Total assets 597 6,420 13,286 2,206 668 453 2,179 25,809
Liabilities - transfers due to
(from) other funds 145 (64) 88 (79) (85) (5) - -
------ ------ ------ ------ ------ ------ ------ ------
Net assets available
for plan benefits $ 452 6,484 13,198 2,285 753 458 2,179 25,809
====== ====== ====== ====== ====== ====== ====== ======
</TABLE>
See accompanying notes to financial statements. (continued)
2
<PAGE>
<PAGE>
FOODMAKER, INC. EASY$AVER PLUS PLAN
Statements of Net Assets Available for Plan Benefits, continued
(in thousands)
<TABLE>
<CAPTION>
December 31, 1992
-------------------------------------------------------------------------------------
Ralston
Purina Fixed FMI Dreyfus
Common Equity Income Growth Common Bond Loans to
Stock Fund Fund Fund Fund Stock Fund Fund Participants Total
---------- ------- ------- ------- ---------- ------- ------------ -----
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Interest and dividends receivable $ - - 78 - - - - 78
------ ------ ------ ------ ------ ------ ------ ------
Contributions receivable:
Employee - 22 54 16 - - - 92
Employer - 8 19 5 - - - 32
------ ------ ------ ------ ------ ------ ------ ------
- 30 73 21 - - - 124
------ ------ ------ ------ ------ ------ ------ ------
Investments:
Short-term investments - 20 100 3 - - - 123
Common stocks 842 5,339 - 1,678 - - - 7,859
Government bonds - - - - - - - -
Insurance company contracts - - 12,612 - - - - 12,612
Notes receivable from
participants - - - - - - 1,709 1,709
------ ------ ------ ------ ------ ------ ------ ------
842 5,359 12,712 1,681 - - 1,709 22,303
------ ------ ------ ------ ------ ------ ------ ------
Total assets 842 5,389 12,863 1,702 - - 1,709 22,505
Liabilities - transfers due to
(from) other funds 82 360 60 109 (381) (230) - -
------ ------ ------ ------ ------ ------ ------ ------
Net assets available
for plan benefits $ 760 5,029 12,803 1,593 381 230 1,709 22,505
====== ====== ====== ====== ====== ====== ====== ======
</TABLE>
See accompanying notes to financial statements.
3
<PAGE>
<PAGE>
FOODMAKER, INC. EASY$AVER PLUS PLAN
Statements of Changes in Net Assets Available for Plan Benefits
(in thousands)
<TABLE>
<CAPTION>
Year Ended December 31, 1993
-------------------------------------------------------------------------------------
Ralston
Purina Fixed FMI Dreyfus
Common Equity Income Growth Common Bond Loans to
Stock Fund Fund Fund Fund Stock Fund Fund Participants Total
---------- ------- ------- ------- ---------- ------- ------------ -----
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Contributions:
Employee $ - 576 1,399 468 166 158 - 2,767
Employer - 198 472 154 50 48 - 922
------ ------ ------ ------ ------ ------ ------ ------
- 774 1,871 622 216 206 - 3,689
------ ------ ------ ------ ------ ------ ------ ------
Investment income:
Dividends 19 207 - 21 - - - 247
Interest 2 39 1,042 19 7 35 - 1,144
------ ------ ------ ------ ------ ------ ------ ------
21 246 1,042 40 7 35 - 1,391
------ ------ ------ ------ ------ ------ ------ ------
Net realized gain(loss) on
sale of assets 137 174 - 235 (1) 3 - 548
Unrealized appreciation
(depreciation) of investments (221) 716 - (7) (9) (8) - 471
Distributions (40) (635) (1,674) (222) (64) (19) - (2,654)
Loan repayments - 152 395 70 36 22 (675) -
Loan disbursements (1) (269) (740) (103) (12) (20) 1,145 -
Interfund transfers (194) 322 (418) 71 205 14 - -
Administrative expenses (10) (25) (81) (14) (6) (5) - (141)
------ ------ ------ ------ ------ ------ ------ ------
Increase (decrease) in net
assets (308) 1,455 395 692 372 228 470 3,304
Net assets available for plan
benefits:
Beginning of year 760 5,029 12,803 1,593 381 230 1,709 22,505
------ ------ ------ ------ ------ ------ ------ ------
End of year $ 452 6,484 13,198 2,285 753 458 2,179 25,809
====== ====== ====== ====== ====== ====== ====== ======
</TABLE>
See accompanying notes to financial statements. (continued)
4
<PAGE>
<PAGE>
FOODMAKER, INC. EASY$AVER PLUS PLAN
Statements of Changes in Net Assets Available for Plan Benefits, continued
(in thousands)
<TABLE>
<CAPTION>
Year Ended December 31, 1992
-------------------------------------------------------------------------------------
Ralston
Purina Fixed FMI Dreyfus
Common Equity Income Growth Common Bond Loans to
Stock Fund Fund Fund Fund Stock Fund Fund Participants Total
---------- ------- ------- ------- ---------- ------- ------------ -----
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Contributions:
Employee $ - 553 1,529 452 - - - 2,534
Employer - 192 538 142 - - - 872
------ ------ ------ ------ ------ ------ ------ ------
- 745 2,067 594 - - - 3,406
------ ------ ------ ------ ------ ------ ------ ------
Investment income:
Dividends 22 187 - 22 - - - 231
Interest 1 24 1,004 9 - - - 1,038
------ ------ ------ ------ ------ ------ ------ ------
23 211 1,004 31 - - - 1,269
------ ------ ------ ------ ------ ------ ------ ------
Net realized gain on
sale of assets 68 31 - 62 - - - 161
Unrealized appreciation
(depreciation) of investments (242) 475 - (121) - - - 112
Distributions (178) (516) (1,233) (135) - - - (2,062)
Loan repayments - 92 241 38 - - (371) -
Loan disbursements (2) (251) (773) (80) - - 1,106 -
Interfund transfers (103) (318) (127) (63) 381 230 - -
Administrative expenses (11) (19) (70) (10) - - - (110)
------ ------ ------ ------ ------ ------ ------ ------
Increase (decrease) in net
assets (445) 450 1,109 316 381 230 735 2,776
Net assets available for plan
benefits:
Beginning of year 1,205 4,579 11,694 1,277 - - 974 19,729
------ ------ ------ ------ ------ ------ ------ ------
End of year $ 760 5,029 12,803 1,593 381 230 1,709 22,505
====== ====== ====== ====== ====== ====== ====== ======
</TABLE>
See accompanying notes to financial statements.
5
<PAGE>
<PAGE>
FOODMAKER, INC. EASY$AVER PLUS PLAN
Notes to Financial Statements
December 31, 1993 and 1992
1. DESCRIPTION OF THE PLAN
The following brief description of the Foodmaker, Inc. Easy$aver Plus Plan
("the Plan") is provided for general information purposes only. Participants
should refer to the Plan document for a more complete description of the
Plan's provisions.
a. General:
The Plan was established effective April 1, 1983 for the purpose of
enabling employees to enhance their long-range financial security through
regular savings with the benefit of Foodmaker, Inc. ("the Company")
contributions. The benefits provided under the Plan are intended to
supplement the retirement benefits provided under other plans sponsored by
the Company. The Plan is subject to certain provisions of the Employee
Retirement Income Security Act of 1974 ("ERISA"); however, benefits under
the Plan are not eligible for plan termination insurance provided by the
Pension Benefit Guaranty Corporation under Title IV of ERISA.
The Company, as plan sponsor, makes contributions to the Plan and pays a
portion of the administrative costs. Subject to certain restrictions, the
plan sponsor also has the authority and responsibility for the general
administration of the Plan. The Chairperson of the Company's Board of
Directors is authorized to appoint the members of the Administrative
Committee ("the Committee"). The Northern Trust Company, as trustee, has the
authority to hold, manage and protect the assets of the Plan in accordance
with the provisions of the Plan and a separate Trust Agreement.
The Plan covers substantially all regular administrative and clerical
employees of the Company who have completed one year of service, receive
regular compensation from a payroll in the United States, and effective
January 1, 1988, have attained age 21. Eligible warehouse and distribution
employees may participate in the Plan effective January 1, 1991. Eligible
maintenance technicians and equipment technicians also may participate in the
Plan effective July 1, 1992. Participation by eligible employees is
voluntary.
b. Contributions:
Prior to April 1, 1991, participants could elect to have the Company
contribute to the Plan any amount from 2% to 8% of their compensation in 1%
increments through payroll deductions. This deferral is referred to as a
pre-tax deferral, i.e., it is not subject to Federal income tax in the year
deferred. Effective April 1, 1991, the maximum amount of their compensation
participants may elect to defer is 12%. The Company makes a matching
contribution equal to 50% of each participant's pre-tax deferral up to 4% of
compensation. Prior to January 1, 1989, participants who deferred at least
4% of compensation could have elected to contribute an additional 1% to 10%
of compensation, in 1% increments on an after-tax basis. Beginning January
1, 1989, after-tax contributions could have been made whether or not the
participant has elected to make any pre-tax deferrals. Effective April 1,
1991, after-tax contributions may no longer be made to the Plan.
6
<PAGE>
<PAGE>
FOODMAKER, INC. EASY$AVER PLUS PLAN
Notes to Financial Statements
December 31, 1993 and 1992
(Continued)
1. DESCRIPTION OF THE PLAN (Continued)
c. Vesting:
Participants have a fully vested interest in their pre-tax deferrals and
after-tax contributions plus actual earnings thereon. Company contributions
vest at the rate of 25 percent for each year of service by the participant
(including service prior to the effective date of the Plan) or upon
attainment of age sixty-five, retirement, disability, death or termination of
the Plan. The vested amount in a participant's account normally is
distributed upon termination of employment. The amount of the Company's
contribution that is not vested with respect to any participant is forfeited
upon termination of employment, but is restored if the participant becomes an
eligible employee within five years after termination. Forfeitures are used
to reduce employer contributions.
d. Participant Accounts:
As of December 31, 1993 the trustee maintains six investment funds --
the Ralston Purina Common Stock Fund, the Equity Fund, the Fixed Income Fund,
the Growth Fund, the FMI Common Stock Fund and the Dreyfus Bond Fund. With
the exception of the Ralston Purina Common Stock Fund, participants may
direct their pre-tax deferrals, after-tax and Company matching contributions
to be placed in any fund or allocated in multiples of 10% to any combination
of these investment funds. The Ralston Purina Common Stock balance is made
up of contributions made prior to the change of ownership of Foodmaker, Inc.
Earnings derived from the assets of any investment fund are reinvested in the
fund to which they relate except that effective September 30, 1987, earnings
related to the Ralston Purina Common Stock Fund may, at the discretion of the
trustee, be reinvested in the Fixed Income Fund. Participants may elect to
transfer all or any multiple of 10% of the value of their accounts among
funds at the beginning of any calendar quarter. Pending investment of the
assets in an investment fund, the trustee may temporarily make certain
short-term investments.
The Plan permits voluntary withdrawals by participants of their
after-tax contributions and related earnings no more than once every six
months. Because of certain Internal Revenue Service regulations,
participants may, with Committee approval, withdraw pre-tax deferrals
(exclusive of earnings for withdrawals after December 31, 1989), Company
matching contributions (if the participant is fully vested) and related
earnings only in the event of a financial hardship. The Plan permits
participants to borrow from the investment funds. Loans are subject to such
rules and regulations as the Committee may adopt, including but not limited
to the following: (1) the amount of the loan is subject to certain
limitations, (2) the loan bears interest at prevailing rates and repayments
are to be made through payroll deductions, and (3) payment of a processing
fee. Amounts loaned to participants are treated as invested in such loans
and, to the extent unpaid, do not generate any earnings other than interest
thereon.
7
<PAGE>
<PAGE>
FOODMAKER, INC. EASY$AVER PLUS PLAN
Notes to Financial Statements
December 31, 1993 and 1992
(Continued)
2. SUMMARY OF ACCOUNTING POLICIES
The financial statements of the Plan are prepared using the accrual
method of accounting.
The Plan's short-term investments consist of money market accounts which
are valued at fair value. The Plan's investments in common stocks are stated
at fair value. Fair value is determined by quoted market prices. Purchases
and sales of securities are recorded on a trade date basis.
The Plan's insurance company contracts are valued at contract value.
Contract value represents contributions made under the contract, plus
interest at the contract rate, less funds used to purchase annuities and pay
certain expenses.
Certain 1992 balances were reclassified to conform to 1993 presentation.
8
<PAGE>
<PAGE>
FOODMAKER, INC. EASY$AVER PLUS PLAN
Notes to Financial Statements
December 31, 1993 and 1992
(Continued)
3. INVESTMENTS
-----------
Investments consist of the following at December 31, 1993 and 1992:
December 31, 1993 December 31, 1992
----------------- -----------------
Fair Fair
Description of Investment Cost Value Cost Value
---- ----- ---- -----
(in thousands)
Northern Trust Collective Short-term
Investment Fund $ 30 $ 30 $ 123 $ 123
Ralston - Ralston Purina Group
Common stock 791 570 1,084 842
Fidelity Equity Income Fund, Inc.
(net asset value $33.84 and $29.01
in 1993 and 1992, respectively)
(Equity Fund) 5,655 6,371 4,864 5,339
State Street Bank and Trust Company
Selection Fund (Fixed Income Fund) 13,114 13,114 12,612 12,612
Twentieth Century Investors, Inc.
Select Fund (net asset value
$39.46 and $38.72 in 1993 and
1992 respectively)
(Growth Fund) 2,174 2,167 1,799 1,678
Foodmaker, Inc. common stock 664 655 - -
Dreyfus Short-Intermediate Government
Fund (net asset value $11.37 in 1993)
(Bond Fund) 446 438 - -
Notes receivable from participants 2,179 2,179 1,709 1,709
------ ------ ------ ------
$25,053 $25,524 $22,191 $22,303
====== ====== ====== ======
4. FEDERAL INCOME TAXES
The Internal Revenue Service issued a favorable determination letter
related to the Foodmaker, Inc. Easy$aver Plus Plan on April 1, 1987. This
letter gives the Plan a tax exempt status. The Plan was amended and restated
thereafter effective January 1, 1988 and January 1, 1989. As a result of the
Plan amendments and restatements, the Company is in the process of preparing
an application for a favorable determination. The Company knows of no
transactions or events which would prevent the restated Plan from obtaining a
tax exempt status.
9
<PAGE>
<PAGE>
Schedule I
FOODMAKER, INC. EASY$AVER PLUS PLAN
Schedule of Investments
<TABLE>
<CAPTION>
December 31, 1993 December 31, 1992
--------------------------------- ---------------------------------
Number of Fair Number of Fair
Description of Investment Shares/Units Cost Value Shares/Units Cost Value
- - ------------------------ ------------ ---- ----- ------------ ---- -----
(in thousands)
<S> <C> <C> <C> <C> <C> <C>
Northern Trust Collective Short-term
Investment Fund 30 $ 30 $ 30 123 $ 123 $ 123
Ralson - Ralston Purina Group
Common stock 14,329 791 570 17,673 1,084 842
Fidelity Equity Income Fund, Inc.
(net asset value $33.84 and $29.01
in 1993 and 1992, respectively)
(Equity Fund) 188,269 5,655 6,371 184,049 4,864 5,339
State Street Bank and Trust Company
Selection Fund (Fixed Income Fund) N/A 13,114 13,114 N/A 12,612 12,612
Twentieth Century Investors, Inc.
Select Fund (net asset value
$39.46 and $38.72 in 1993 and
1992 respectively)
(Growth Fund) 54,919 2,174 2,167 43,334 1,799 1,678
Foodmaker, Inc. common stock 67,202 664 655 N/A - -
Dreyfus Short-Intermediate Government
Fund (net asset value $11.37 in 1993)
(Bond Fund) 38,559 446 438 N/A - -
Notes receivable from participants N/A 2,179 2,179 N/A 1,709 1,709
------ ------ ------ ------
$25,053 $25,524 $22,191 $22,303
====== ====== ====== ======
</TABLE>
See accompanying Independent Auditors' Report.
10
<PAGE>
<PAGE>
Schedule II
FOODMAKER, INC. EASY$AVER PLUS PLAN
Reportable Transactions
The following schedule of 5% reportable transactions represents the aggregate
of such transactions relating to the Foodmaker, Inc. Easy$aver Plus Plan and the
Chi-Chi's Future $avings Plus Plan, the combined assets of which were maintained
at The Northern Trust Company, the Plans' trustee. Through December 31, 1993,
the allocable portion of these transactions relating to the Foodmaker, Inc.
Easy$aver Plus Plan was approximately 88%.
See accompanying Independent Auditors' Report.
11
<PAGE>
<PAGE>
SCHEDULE II
SCHEDULE OF REPORTABLE 5% TRANSACTIONS
12-31-92 THROUGH 12-31-93
**************************************
(AS REPORTED BY TRUSTEE)
<TABLE>
<CAPTION>
AVERAGE
PURCHASE OR TRANSACTION COST OF CURRENT NET GAIN
DESCRIPTION OF ASSET SALE PRICE EXPENSE ASSET VALUE OF ASSET OR (LOSS)
-------------------- ----------- ----------- ------- -------------- ---------
($) ($) ($) ($) ($)
TRANSACTIONS BY ISSUE
- - ---------------------
<S> <C> <C> <C> <C> <C>
MFO FIDELITY EQUITY-INCOME FD INC OPEN
END FD
45,042.30 SHR BOUGHT IN 33 TRANSACTIONS 32.094 1,445,590.23 1,445,590.23
34,228.17 SHR SOLD IN 10 TRANSACTIONS 31.301 894,730.42 1,071,365.47 176,635.05
------------ ------------
2,516,955.70 176,635.05
============ ============
MFO 20TH CENTURY INVESTORS INC SELECT SH
CAP OPEN END FD
25,966.41 SHR BOUGHT IN 28 TRANSACTIONS 41.185 1,069,430.84 1,069,430.84
7,774.37 SHR SOLD IN 11 TRANSACTIONS 41.148 297,568.14 319,896.33 22,328.19
------------ ------------
1,389,327.17 22,328.19
============= ============
COLTV SHORT TERM INVT FD
8,551,380.21 INCREASES IN 300 DAYS 8,551,380.21 8,551,380.21
8,656,924.55 DECREASES ON 340 DAYS 8,656,924.55 8,656,924.55 0.00
------------ ------------
17,208,304.76 0.00
============= ============
VARIOUS LOANS TO VARIOUS PARTICIPANTS
AT VARIOUS RATES AND VARIOUS
MATURITIES
1,383,817.59 CV BOUGHT IN 49 TRANS 1.000 1,383,817.59 1,383,817.59
STATE STREET SELECTION FUND
2,247,161.26 CV BOUGHT IN 34 TRANS 1.000 2,247,161.26 2,247,161.26
1,786,107.62 CV SOLD IN 11 TRANSACTIONS 1.000 1,786,107.62 1,786,107.62 0.00
------------ ------------
4,033,268.88 0.00
============= ============
</TABLE>
TRANSACTIONS BY BROKER
- - ----------------------
NO REPORTABLE TRANSACTIONS OCCURRED WITH ANY ONE BROKER
12
<PAGE>
<PAGE>
EXHIBITS
1. Consent of KPMG Peat Marwick.
SIGNATURES
The Plan. Pursuant to the requirements of the Securities Exchange Act of
1934, the trustees (or other persons who administer the employee benefit plan)
have duly caused this annual report to be signed on its behalf by the
undersigned hereunto duly authorized.
FOODMAKER, INC. EASY$AVER
PLUS PLAN
Date: June 27, 1994 By: WILLIAM E. RULON
--------------------
William E. Rulon
Member, Administrative Committee
13
<PAGE>
<PAGE>
Exhibit 1
Independent Auditors' Consent
-----------------------------
The Board of Directors
Foodmaker, Inc.:
We consent to incorporation by reference in the registration statement (No. 33-
54602) on Form S-8 of Foodmaker, Inc. of our report dated May 27, 1994, relating
to the statements of net assets available for plan benefits of Foodmaker, Inc.
Easy$aver Plus Plan as of December 31, 1993 and 1992, and the related statements
of changes in net assets available for plan benefits for each of the years in
the two-year period ended December 31, 1993, and related schedules, which report
appears in the December 31, 1993 annual report on Form 11-K of the Foodmaker,
Inc. Easy$aver Plus Plan.
KPMG PEAT MARWICK
San Diego, California
June 24, 1994
