<PAGE>
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 (NO FEE REQUIRED) for the fiscal year ended December 31, 1996 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: 2-39822
A. Full title of the plan and address of the plan, if different from
that of the issuer named below: Equifax Inc. Employees 401(k) Retirement and
Savings Plan.
B. Name of issuer of the securities held pursuant to the plan and the
address of its principal executive office: Equifax Inc., 1600 Peachtree Street,
N.W., Atlanta, Georgia 30309.
<PAGE>
EQUIFAX INC. EMPLOYEES 401(K)
RETIREMENT AND SAVINGS PLAN
FINANCIAL STATEMENTS AND SCHEDULES
AS OF DECEMBER 31, 1996 AND 1995
TOGETHER WITH
AUDITORS' REPORT
<PAGE>
REPORT OF INDEPENDENT PUBLIC ACCOUNTANTS
To the Pension, Thrift and Group Plans
Investment and Administrative Committee of
Equifax Inc.:
We have audited the accompanying statements of net assets available for plan
benefits of the EQUIFAX INC. EMPLOYEES 401(K) RETIREMENT AND SAVINGS PLAN as of
December 31, 1996 and 1995 and the related statement of changes in net assets
available for plan benefits with fund information for the year ended December
31, 1996. These financial statements and the schedules referred to below are
the responsibility of the plan administrator. Our responsibility is to express
an opinion on these financial statements and schedules 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 Equifax
Inc. Employees 401(k) Retirement and Savings Plan as of December 31, 1996 and
1995 and the changes in its net assets available for plan benefits for the year
ended December 31, 1996 in conformity with generally accepted accounting
principles.
Our audits were made for the purpose of forming an opinion on the basic
financial statements taken as a whole. The supplemental schedules of assets
held for investment purposes and reportable transactions 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 Rules and Regulations for Reporting and Disclosure under the
Employee Retirement Income Security Act of 1974. The fund information in the
statement of changes in net assets available for plan benefits with fund
information is presented for purposes of additional analysis rather than to
present the 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.
/s/ Arthur Andersen LLP
Atlanta, Georgia
June 10, 1997
<PAGE>
EQUIFAX INC. EMPLOYEES 401(K)
RETIREMENT AND SAVINGS PLAN
STATEMENTS OF NET ASSETS AVAILABLE FOR PLAN BENEFITS
DECEMBER 31, 1996 AND 1995
<TABLE>
<CAPTION>
1996 1995
----------- -----------
<S> <C> <C>
INVESTMENTS, AT FAIR VALUE (NOTES 1 AND
2; SCHEDULE I):
Interest-bearing cash:
Government Money Market Portfolio $ 85,436 $ 0
Managed Income Fund 0 636,008
Equifax Stock Fund--participant-directed 163,886 689,116
Equifax Stock Fund--nonparticipant-directed 259,390 1,102,755
Equifax Inc. common stock:
Participant-directed 91,920,842 67,595,758
Nonparticipant-directed 145,485,996 108,169,841
Guaranteed investment
contracts--Managed Income Portfolio 0 20,002,542
Money market funds:
Government Money Market Portfolio 4,193,050 3,506,690
Equifax Stock Fund--participant-directed 1,038,834 827,412
Equifax Stock Fund--nonparticipant-directed 1,644,194 1,324,063
Common/collective trust
fund--Managed Income Portfolio 44,904,160 28,473,569
Shares of registered investment
companies:
U.S. Bond Index Fund 2,525,699 2,609,611
U.S. Equity Index Portfolio 20,835,554 14,509,015
Asset Manager: Fund 11,508,197 9,931,638
Asset Manager: Income Fund 2,083,498 2,135,019
Asset Manager: Growth Fund 15,574,027 12,571,760
Value Fund 137,357 0
Low-Priced Stock Fund 246,752 0
------------ ------------
Total investments 342,606,872 274,084,797
DIVIDENDS AND INTEREST INCOME RECEIVABLE:
Equifax Stock Fund--participant-directed 4,474 3,500
Equifax Stock Fund--nonparticipant-directed 7,080 5,245
------------ ------------
NET ASSETS AVAILABLE FOR PLAN BENEFITS $342,618,426 $274,093,542
============ ============
</TABLE>
The accompanying notes are an integral part of these statements.
<PAGE>
EQUIFAX INC. EMPLOYEES 401(K)
RETIREMENT AND SAVINGS PLAN
STATEMENT OF CHANGES IN NET ASSETS AVAILABLE
FOR PLAN BENEFITS WITH FUND INFORMATION
FOR THE YEAR ENDED DECEMBER 31, 1996
<TABLE>
<CAPTION>
PARTICIPANT-DIRECTED
----------------------------------------------------------------------------------
U.S. GOVERNMENT U.S.
EQUIFAX EQUITY MANAGED MONEY BOND
STOC INDEX INCOME MARKET INDEX
FUND PORTFOLIO PORTFOLIO PORTFOLIO FUND
------------- ----------- ----------- ---------- ----------
<S> <C> <C> <C> <C> <C>
INVESTMENT INCOME:
Dividends $ 1,018,752 $ 504,395 $ 2,258,560 $ 0 $ 180,417
Interest 50,840 0 609,194 182,638 0
Net appreciation
(depreciation) in fair
value of investments
(Note 2) 28,622,306 3,186,113 0 0
----------- ----------- ----------- ----------- ---------
Total investment income 29,691,898 3,690,508 2,867,754 182,638 87,407
----------- ----------- ----------- ----------- ---------
CONTRIBUTIONS:
Participant 3,124,732 2,036,085 1,553,571 744,695 304,226
Employer 0 0 0 0 0
----------- ----------- ----------- ----------- ---------
Total contributions 3,124,732 2,036,085 1,553,571 744,695 304,226
----------- ----------- ----------- ----------- ---------
PARTICIPANT WITHDRAWALS (8,578,768) (1,500,418) (7,726,672) (2,383,277) (501,665)
----------- ----------- ----------- ----------- ---------
Net increase (decrease) 24,237,862 4,226,175 (3,305,347) (1,455,944) (110,032)
NET ASSETS AVAILABLE FOR
PLAN BENEFITS AT
BEGINNING OF YEAR 69,115,786 14,509,015 49,112,119 3,506,690 2,609,611
INTERFUND TRANSFERS (225,612) 2,100,364 (902,612) 2,227,740 26,120
----------- ----------- ----------- ----------- ----------
NET ASSETS AVAILABLE FOR
PLAN BENEFITS AT END OF YEAR $93,128,036 $20,835,554 $44,904,160 $ 4,278,486 $2,525,699
=========== =========== =========== =========== ==========
</TABLE>
<TABLE>
<CAPTION>
----------------------------------------------------------------- NONPARTICIPANT-
ASSET ASSET LOW- DIRECTED
ASSET MANAGER: MANAGER: PRICED EQUIFAX
MANAGER INCOME GROWTH VALUE STOCK STOCK
FUND FUND FUND FUND FUND FUND TOTAL
----------- ---------- ----------- -------- -------- ------------ ------------
<S> <C> <C> <C> <C> <C> <C> <C>
INVESTMENT INCOME:
Dividends $ 896,251 $ 153,666 $ 1,303,228 $ 11,073 $ 3,567 $ 1,612,410 $ 7,942,319
Interest 0 0 0 0 0 80,466 923,138
Net appreciation
(depreciation) in fair
value of investments
(Note 2) 386,136 1,943 1,016,103 (7,965) 10,913 45,316,532 78,439,071
----------- ---------- ----------- -------- -------- ------------ ------------
Total investment
income 1,282,387 155,609 2,319,331 3,108 14,480 47,009,408 87,304,528
----------- ---------- ----------- -------- -------- ------------ ------------
CONTRIBUTIONS:
Participant 1,290,923 298,157 2,207,768 8,092 9,084 0 11,577,333
Employer 0 0 0 0 0 4,132,386 4,132,386
----------- ---------- ----------- -------- -------- ------------ ------------
Total contributions 1,290,923 298,157 2,207,768 8,092 9,084 4,132,386 15,709,719
----------- ---------- ----------- -------- -------- ------------ ------------
PARTICIPANT WITHDRAWALS (1,059,467) (389,604) (1,254,676) 0 0 (11,094,816) (34,489,363)
----------- ---------- ----------- -------- -------- ------------ ------------
Net increase
(decrease) 1,513,843 64,162 3,272,423 11,200 23,564 40,046,978 68,524,884
NET ASSETS AVAILABLE FOR
PLAN BENEFITS AT
BEGINNING OF YEAR 9,931,638 2,135,019 12,571,760 0 0 110,601,904 274,093,542
INTERFUND TRANSFERS 62,716 (115,683) (270,156) 126,157 223,188 (3,252,222) 0
----------- ---------- ----------- -------- -------- ------------ ------------
NET ASSETS AVAILABLE FOR
PLAN BENEFITS AT END OF
YEAR $11,508,197 $2,083,498 $15,574,027 $137,357 $246,752 $147,396,660 $342,618,426
=========== ========== =========== ======== ======== ============ ============
</TABLE>
The accompanying notes are an integral part of this statement.
<PAGE>
EQUIFAX INC. EMPLOYEES 401(K)
RETIREMENT AND SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS AND SCHEDULES
DECEMBER 31, 1996 AND 1995
1. DESCRIPTION OF THE PLAN
GENERAL
The following brief description of the Equifax Inc. Employees 401(k)
Retirement and Savings Plan (the "Plan"), formerly known as the Equifax Inc.
Employees' Thrift Plan, is provided for informational purposes only.
Participants should refer to the plan agreement for more complete
information.
The Plan became effective April 1, 1971 and has been amended from time to
time. The Plan is subject to the Employee Retirement Income Security Act of
1974, as amended. All salaried employees of the participating companies of
Equifax Inc. and its subsidiaries (the "Company") who have completed one
year of service and have attained the age of 21 are eligible to participate
in the Plan.
Individual accounts are maintained for each of the Plan's participants to
reflect the participant's share of the Plan's earnings, company
contributions, and the participant's contributions. Allocations of earnings
are based on participant account balances, as defined.
CONTRIBUTIONS
Each participant may make basic contributions from 1% to 6% of his/her total
salary (base salary for highly compensated employees) through payroll
deductions on a pretax or an after-tax basis. In addition, each nonhighly
compensated participant may elect to make supplemental contributions of 1%
to 10% of pay on a pretax or an after-tax basis through payroll deductions,
subject to certain limits. Participants may also elect to make supplemental
contributions by making an after-tax lump-sum contribution. Supplemental
contributions are limited to 10% of pay for all years of participation in
the Plan, less after-tax contributions made in previous years.
The Plan requires the Company to make minimum annual contributions of 25% of
the sum of all basic contributions made by participants during that year,
net of any in-service withdrawals, without regard to lump-sum cash
contributions and roll-over contributions, either deposited or withdrawn.
Employer contributions shall not exceed the maximum amount which, together
with employer contributions to the Equifax Inc. U.S. Retirement Income Plan
<PAGE>
-2-
for a plan year, is deductible under the Internal Revenue Code (the "IRC")
or such other federal income tax statutory provision as may be applicable.
All employer contributions are made to the Equifax Stock Fund. Participant
contributions are allocated among investment options as directed by the
individual participants.
Effective July 1, 1993, all participants are 100% vested in employer matching
contributions.
ADMINISTRATION
The Plan is administered by the Company. The trustee of the Plan is Fidelity
Management Trust Company ("Fidelity" or the "Trustee"). Fidelity also
performs participant record-keeping and other administrative duties for the
Plan. The Equifax Inc. Pension, Thrift and Group Plans Investment and
Administrative Committee is appointed by the Company's board of directors and
oversees the Plan's operations.
INVESTMENT OPTIONS
The Plan allows participants to select among ten different investment options
and allows daily changes in investment elections:
The Fidelity Retirement Government Money Market Portfolio ("Money Market
Fund") strives to keep invested principal stable while generating
current income by investing in money market instruments which are issued
or guaranteed by the U.S. government. The portfolio itself is neither
insured nor guaranteed by the U.S. government.
The Managed Income Portfolio is a stable value fund that seeks to
preserve invested principal while providing a competitive level of
income over time. The goal of the portfolio is to maintain a stable $1
share price, although there is no assurance that it will do so. This
investment option held individual guaranteed investment contracts
("GICs") through 1996 and changed to investing mainly in the Fidelity
collective trust in 1996 as the individual GICs matured. The Fidelity
collective trust purchases investment contracts issued by banks,
insurance companies, and other approved financial institutions. The
portfolio's yield will fluctuate.
The Fidelity U.S. Bond Index Fund is a mutual fund which seeks to
provide investment results that correspond to the aggregate price and
interest performance of the debt securities in The Lehman Brothers
Aggregate Bond Index. The portfolio invests only in debt securities
that are of investment-grade or the equivalent.
The Fidelity U.S. Equity Index Portfolio is a growth and income mutual
fund. It seeks to duplicate the composition and total return of the S&P
500 which is comprised of U.S. publicly traded common stocks. Total
return performance is the combination of capital appreciation and
income.
The Equifax Stock Fund ("ESF") is a portfolio which invests primarily in
Equifax common stock. A small portion of the fund will be used to
purchase short-term investments for liquidity. All Equifax matching
<PAGE>
-3-
contributions are invested in this fund and may not be moved by
participants to other funds until the participant is separated from
service.
The Fidelity Asset Manager: Income is a mutual fund which seeks a high
level of current income by maintaining a diversified portfolio of
stocks, bonds, and short-term interest-bearing securities. The fund
emphasizes investments in bonds and other short-term securities for
income and price stability.
The Fidelity Asset Manager (TM) is a mutual fund which may invest in
stocks, bonds, and other short-term securities, both in the U.S. and
abroad. The fund seeks high total return with moderate risk over the
long-term.
The Fidelity Asset Manager: Growth is a mutual fund which seeks to
maximize total return over the long-term by investing in a more
aggressive mix of stocks, bonds, and other short-term securities. The
fund may invest in both U.S. and foreign securities.
The Fidelity Low-Priced Stock Fund (new in 1996) seeks capital
appreciation and invests primarily in equity securities of small market
capitalization companies considered undervalued or out of favor with
investors and offers the possibility for significant growth. The
majority of the equity securities held are $25 or less (i.e., "Low
Priced"). The fund characteristics should be anticipated to reflect a
price/earnings ratio less than the S&P 500 and include foreign
securities. The securities held are often stocks of smaller, less well-
known companies. A redemption fee of 1.5% is charged if a participant
sells shares held less than 90 days.
The Fidelity Value Fund (new in 1996) invests primarily in stocks of
companies that possess valuable assets (i.e., equipment, franchises,
real estate, natural resources, etc.) or that the fund manager feels are
undervalued. The fund seeks capital appreciation by investing in large
market capitalization securities with a value-oriented investment style.
The fund may invest in both U.S. and foreign securities.
Direct exchanges between the Money Market Fund and the Managed Income
Portfolio are not allowed. An exchange must be made to a noncompeting fund
for 90 days.
BENEFITS
Withdrawals from participant accounts may be made only for the following
reasons: termination of employment, financial hardship, retirement, death,
disability, or attainment of age 59.5. Upon occurrence of one of these
events and upon election of the participant, the Plan will distribute to the
participant 100% of the participant's account balance. This lump-sum
distribution is payable in cash, company common stock, or a combination of
the two, at the participant's election.
If a participant's account balance is less than $3,500 upon retirement or
termination, a distribution of the participant's account will be made
automatically. In-service withdrawals of the company matching portion of a
participant's account are not allowed.
<PAGE>
-4-
PLAN TERMINATION
Although the Company intends for the Plan to be permanent, the Plan provides
that the Company has the right to discontinue contributions or terminate the
Plan at any time. In the event of the Plan's termination, the Trustee shall
determine as of the termination date the value of the account balance of
each participant, former participant, and beneficiary. Each such account
balance shall become fully vested. The Trustee shall then make a
distribution in a time and manner solely determined by the board of
directors of the Company.
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
BASIS OF ACCOUNTING
The financial statements of the Plan are prepared on the accrual basis of
accounting.
The preparation of financial statements in conformity with generally
accepted accounting principles requires the Plan's management to make
estimates and assumptions that affect the accompanying financial statements
and disclosures. Actual results could differ from those estimates.
EXPENSES
All expenses for the administration of the Plan, except for brokerage
commissions and related expenses on security transactions, are paid by the
participating companies of the Company. The expenses for administration
include the fees and expenses of the Plan's Trustee.
VALUATION OF PLAN INVESTMENTS
Investments of the Plan are carried at fair value as determined by quoted
market price, except for guaranteed investment contracts, which are carried
at contract value.
The Plan adopted Statement of Position ("SOP") 94-4, "Reporting of
Investment Contracts Held by Health and Welfare Benefit Plans and Defined-
Contribution Pension Plans," effective January 1, 1995. This SOP specifies
that fully benefit-responsive investment contracts held by defined
contribution plans should continue to be reported at contract value. The
guaranteed investment contracts held by the Plan at December 31, 1995 have
been determined to be fully benefit-responsive and are therefore carried at
contract value in the accompanying financial statements.
The fair value of the guaranteed investment contracts as of December 31,
1995 was approximately $20,003,000. All guaranteed investment contracts held
by the Plan matured during the Plan year ended December 31, 1996.
In addition, the Fidelity Managed Income Portfolio is a collective trust
which invests in guaranteed investment contracts issued by insurance
companies and banks as well as synthetic investment contracts. The
portfolio's trustee determines the fair values of these contracts in good
faith.
<PAGE>
-5-
The fair market values of individual investments that represent 5% or more of
the Plan's net assets as of December 31, 1996 and 1995 are as follows:
<TABLE>
<CAPTION>
1996:
<S> <C>
Equifax Inc. common stock $237,406,838
Fidelity Managed Income Portfolio 44,904,160
Fidelity U.S. Equity Index Portfolio 20,835,554
1995:
Equifax Inc. common stock 175,765,599
Fidelity Managed Income Portfolio 28,473,569
Fidelity U.S. Equity Index Portfolio 14,509,015
</TABLE>
NET APPRECIATION IN FAIR VALUE OF INVESTMENTS
The net appreciation (depreciation) in fair value of investments in the
accompanying statement of changes in net assets available for plan benefits
with fund information reflects the net difference between the market value
and cost of investments bought and sold as well as held and distributed
during the year.
The net appreciation in the fair value of investments by category for the
year ended December 31, 1996 is as follows (in thousands):
<TABLE>
<S> <C>
Common stock $73,939
Registered investment companies 4,500
-------
$78,439
=======
</TABLE>
PARTICIPANT-DIRECTED FUND INFORMATION
The ESF assigns units to all participants. As of December 31, 1996 and 1995,
the per unit values of this fund were $31.17 and $21.54, respectively.
Outstanding units were 7,716,544.646 and 8,343,562.324 for December 31, 1996
and 1995, respectively.
3. TAX STATUS
The Plan has received a favorable determination letter from the Internal
Revenue Service ("IRS") dated November 13, 1996. In the opinion of plan
management, the Plan is designed and is currently being operated in
compliance with the applicable requirements of the Code, and therefore, the
related trust is exempt from federal income taxes.
4. SUBSEQUENT EVENT
Equifax Inc. has announced its intention to spin off its insurance services
group ("ISG") into a new public company, ChoicePoint Inc. ("ChoicePoint").
The spin-off is expected to be completed in mid-1997. With the spin-off of
the ISG, Equifax will terminate the services of employees in those
operations, and those affected employees will become ChoicePoint employees.
<PAGE>
-6-
As a result of the spin-off, a new ChoicePoint 401(k) plan will receive a
transfer from the Plan of participant account balances of ChoicePoint
employees, and employees of ChoicePoint will not be eligible for
participation in the Plan.
<PAGE>
SCHEDULE I
EQUIFAX INC. EMPLOYEES 401(K)
RETIREMENT AND SAVINGS PLAN
ITEM 27A--SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES
DECEMBER 31, 1996
<TABLE>
<CAPTION>
DESCRIPTION OF INVESTMENT,
INCLUDING MATURITY DATE, RATE OF
IDENTITY OF ISSUER, BORROWER, INTEREST, COLLATERAL, AND PAR OR CURRENT
LESSOR, OR SIMILAR PARTY MATURITY VALUE COST VALUE
- ------------------------------------ ---------------------------------- ------------ ------------
<S> <C> <C> <C>
* FIDELITY MANAGEMENT TRUST COMPANY Interest-bearing cash $ 508,712 $ 508,712
------------ ------------
* EQUIFAX INC. Common stock, 7,752,060 shares 47,275,634 237,406,838
------------ ------------
COMMON/COLLECTIVE TRUST FUND:
* Fidelity Group Trust for Employee
Benefit Plans Managed Income Portfolio 44,904,160 44,904,160
------------ ------------
MONEY MARKET FUNDS:
* Fidelity Money Market Trust Retirement Government Money
Market Portfolio 4,193,050 4,193,050
* Fidelity Institutional Cash Portfolio 2,683,028 2,683,028
------------ ------------
6,876,078 6,876,078
------------ ------------
SHARES OF REGISTERED INVESTMENT
COMPANIES:
* Fidelity Institutional Trust
Portfolio Fidelity U.S. Equity Index 15,166,659 20,835,554
* Fidelity Concord Street Trust Fidelity U.S. Bond Index Fund 2,551,627 2,525,699
* Fidelity Charles Street Trust Fidelity Asset Manager 10,636,861 11,508,197
* Fidelity Charles Street Trust Fidelity Asset Manager: Income 1,997,348 2,083,498
* Fidelity Charles Street Trust Fidelity Asset Manager: Growth 13,820,358 15,574,027
* Fidelity Capital Trust Fidelity Value Fund 145,317 137,357
* Fidelity Puritan Trust Fidelity Low-Priced Stock Fund 235,841 246,752
------------ ------------
Total shares of registered
investment companies 44,554,011 52,911,084
------------ ------------
$144,118,595 $342,606,872
============ ============
</TABLE>
*Represents a party in interest.
The accompanying notes are an integral part of this schedule.
<PAGE>
SCHEDULE II
EQUIFAX INC. EMPLOYEES 401(K)
RETIREMENT AND SAVINGS PLAN
ITEM 27D--SCHEDULE OF REPORTABLE TRANSACTIONS (A)
FOR THE YEAR ENDED DECEMBER 31, 1996
<TABLE>
<CAPTION>
CURRENT VALUE
OF ASSET ON
PURCHASE SELLING COST OF TRANSACTION
IDENTITY OF PARTY INVOLVED AND DESCRIPTION OF ASSET PRICE PRICE ASSET DATE NET GAIN
- --------------------------------------------------- ------------ ----------- ----------- ------------- -----------
<S> <C> <C> <C> <C> <C>
* EQUIFAX INC. COMMON STOCK:
Purchased (13 transactions) $ 8,396,104 $ 0 $ 0 $ 0 $ 0
Sold (110 transactions) 0 20,701,833 4,799,368 20,701,883 15,902,465
* FIDELITY MANAGED INCOME PORTFOLIO:
Purchased (252 transactions) 28,234,283 0 0 0 0
Sold (251 transactions) 0 11,803,691 11,803,691 11,803,691 0
* FIDELITY INSTITUTIONAL CASH PORTFOLIO:
Purchased (108 transactions) 22,742,777 0 0 0 0
Sold (158 transactions) 0 22,173,165 22,173,165 22,173,165 0
GUARANTEED INVESTMENT CONTRACT--TRAVELERS GR 15546
AND GR 15942:
Matured (2 transactions) 0 20,582,764 20,582,764 20,582,764 0
</TABLE>
*Represents a transaction with a party in interest.
(a) Represents transactions or a series of transactions in securities of the
same issue in excess of 5% of the current value of plan assets at the
beginning of the year.
The accompanying notes are an integral part of this schedule.
<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 thereunto duly authorized.
EQUIFAX INC. 401(k) RETIREMENT AND
SAVINGS PLAN
Date: June 16, 1997 By: /s/ David A. Post
----------------------------------
David A. Post
Corporate Vice President and
Chairman of the Pension,
Thrift and Group Benefit Plans
Administrative Committee
<PAGE>
EXHIBIT INDEX
-------------
Exhibit
Number
- ------
23 Written Consent of Independent Public Accountants
<PAGE>
EXHIBIT 23
[LETTERHEAD OF ARTHUR ANDERSEN LLP APPEARS HERE]
REPORT OF INDEPENDENT PUBLIC ACCOUNTANTS
As independent public accountants, we hereby consent to the incorporation of our
report included in this Form 11-K into Equifax Inc.'s previously filed
Registration Statement on Form S-8, File No. 33-58627.
/s/ ARTHUR ANDERSEN LLP
Atlanta, Georgia
June 10, 1997
