-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, RibNzi4Y78z+PdWqaLswLW7nEx85CJRcqZF9QeeiYVTtIHx0NPued2znwDWxSxHT ovPjtEZwA434ao5Zz8XB3Q== 0001047469-97-009276.txt : 19980102 0001047469-97-009276.hdr.sgml : 19980102 ACCESSION NUMBER: 0001047469-97-009276 CONFORMED SUBMISSION TYPE: 11-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19961231 FILED AS OF DATE: 19971231 SROS: AMEX FILER: COMPANY DATA: COMPANY CONFORMED NAME: HORIZON PHARMACIES INC CENTRAL INDEX KEY: 0001036260 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-DRUG STORES AND PROPRIETARY STORES [5912] IRS NUMBER: 752441557 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 11-K SEC ACT: SEC FILE NUMBER: 000-22403 FILM NUMBER: 97747590 BUSINESS ADDRESS: STREET 1: 275 W PRINCETON DR CITY: PRINCETON STATE: TX ZIP: 75407 BUSINESS PHONE: 9727362424 MAIL ADDRESS: STREET 1: 275 WEST PRINCETON DRIVE CITY: PRINCETON STATE: TX ZIP: 75407 11-K 1 FORM 11-K 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, 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 0-22403 A. Full title of the plan and the address of the plan, if different from that of the issuer named below: HORIZON PHARMACIES, INC. 401(k) PLAN B. Name of issuer of the securities held pursuant to the plan and the address of its principal executive office: HORIZON PHARMACIES, INC. 275 W. PRINCETON DRIVE PRINCETON, TEXAS 75407 Unaudited Financial Statements Statement of Net Assets Available for Benefits with Fund Information at December 31, 1996............................................................1 Statement of Changes in Net Assets Available for Benefits with Fund Information for the year ended December 31, 1996.............................2 Party-in-interest transactions are not presented because there are no party-in-interest transactions which are prohibited by ERISA Section 406 and for which there is no statutory or administrative exemption. 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. HORIZON PHARMACIES, INC. Date: December 31, 1997 By: /s/ Ricky D. McCord --------------------------------------- Ricky D. McCord, President and Chief Operating Officer HORIZON PHARMACIES, INC. 401(k) PLAN UNAUDITED FINANCIAL STATEMENTS Year ended December 31, 1996 CONTENTS Statement of Net Assets Available for Benefits with Fund Information at December 31, 1996...........................................................1 Statement of Changes in Net Assets Available for Benefits with Fund Information for the year ended December 31, 1996............................2 HORIZON PHARMACIES, INC. 401(k) PLAN STATEMENT OF NET ASSETS AVAILABLE FOR BENEFITS WITH FUND INFORMATION DECEMBER 31, 1996 Guaranteed Fidelity Vanguard Fidelity Blue Janus Interest Balanced Index 500 Chip Growth Fund Total ----------- -------- --------- ------------- ------ ----- ASSETS Receivables Pre-Tax Contributions $ 4,367.03 $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 4,367.03 Sub-Total Contributions 4,367.03 0.00 0.00 0.00 0.00 4,367.03 Interfund Transfers 0.00 6,484.46 7,794.20 18,857.04 9,644.64 42,780.34 Investment Fund 60,609.53 16,383.74 22,514.17 25,181.71 30,326.84 155,015.99 ---------- ---------- ---------- ---------- ---------- ----------- TOTAL ASSETS $64,976.56 $22,868.20 $30,308.37 $44,038.75 $39,971.48 $202,163.36 ---------- ---------- ---------- ---------- ---------- ----------- LIABILITIES Excess Amounts 486.68 2,244.00 2,643.53 5,481.83 2,144.04 13,000.08 Interfund Transfers 41,880.34 0.00 0.00 900.00 0.00 42,780.34 ---------- ---------- ---------- ---------- ---------- ----------- TOTAL LIABILITIES $42,367.02 $ 2,244.00 $ 2,643.53 $ 6,381.83 $ 2,144.04 $ 55,780.42 ---------- ---------- ---------- ---------- ---------- ----------- FUND BALANCE $22,609.64 $20,624.20 $27,664.84 $37,757.92 $37,827.44 $146,382.94 ---------- ---------- ---------- ---------- ---------- ----------- ---------- ---------- ---------- ---------- ---------- -----------
-1- HORIZON PHARMACIES, INC. 401(k) PLAN STATEMENT OF CHANGES IN ASSETS AVAILABLE FOR BENEFITS WITH FUND INFORMATION JANUARY 1, 1996 TO DECEMBER 31, 1996 Guaranteed Fidelity Vanguard Fidelity Blue Janus Interest Balanced Index 500 Chip Growth Fund Total ----------- -------- --------- ------------- ------ ----- NET ASSETS AVAILABLE FOR BENEFITS DECEMBER 31, 1995 $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 ADDITIONS Contributions 13,615.44 12,678.80 14,160.40 32,607.91 15,477.97 88,540.52 Pre-Tax 8,752.17 8,752.16 13,894.43 8,752.16 22,646.59 62,797.51 ---------- ---------- ---------- ---------- ---------- ----------- Rollover 22,367.61 21,430.96 28,054.83 41,360.07 38,124.56 151,338.03 Interfund Transfers 0.00 0.00 900.00 0.00 0.00 900.00 Earnings Interest Earned 728.61 21.89 30.52 35.85 41.62 858.49 Unrealized Gain/Loss 0.00 1,415.35 1,323.02 2,642.83 1,805.30 7,186.50 ---------- ---------- ---------- ---------- ---------- ----------- Sub-Total Earnings 728.61 1,437.24 1,353.54 2,678.68 1,846.92 8,044.99 ---------- ---------- ---------- ---------- ---------- ----------- TOTAL ADDITIONS 29,096.22 22,868.20 30,308.37 44,038.75 39,971.48 160,283.02 SUBTRACTIONS Excess Amounts 486.68 2,244.00 2,643.53 5,481.83 2,144.04 13,000.08 Interfund Transfers 0.00 0.00 0.00 900.00 0.00 900.00 ---------- ---------- ---------- ---------- ---------- ----------- TOTAL SUBTRACTIONS 486.68 2,244.00 2,643.53 6,381.83 2,144.04 13,900.08 ---------- ---------- ---------- ---------- ---------- ----------- NET ASSETS AVAILABLE FOR BENEFITS AT DECEMBER 31, 1996 $22,609.54 $20,624.20 $27,664.84 $37,656.92 $37,827.44 $146,382.94 ---------- ---------- ---------- ---------- ---------- ----------- ---------- ---------- ---------- ---------- ---------- -----------
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