-----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, R0rh5xaUOT/9BVTuy3st7qpFqzhSsuIL5oygK/GuasTLmjEZ+jKtf9hybMEJytWA NRoL6azc67c6/gO3cxbokw== 0000808450-98-000013.txt : 19980629 0000808450-98-000013.hdr.sgml : 19980629 ACCESSION NUMBER: 0000808450-98-000013 CONFORMED SUBMISSION TYPE: 11-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19971231 FILED AS OF DATE: 19980626 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: NAVISTAR INTERNATIONAL CORP /DE/NEW CENTRAL INDEX KEY: 0000808450 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLES & PASSENGER CAR BODIES [3711] IRS NUMBER: 363359573 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 11-K SEC ACT: SEC FILE NUMBER: 001-09618 FILM NUMBER: 98655447 BUSINESS ADDRESS: STREET 1: 455 N CITYFRONT PLAZA DR CITY: CHICAGO STATE: IL ZIP: 60611 BUSINESS PHONE: 3128362000 MAIL ADDRESS: STREET 1: 455 N CITYFRONT PLAZA DRIVE STREET 2: 455 N CITYFRONT PLAZA DRIVE CITY: CHICAGO STATE: IL ZIP: 60611 FORMER COMPANY: FORMER CONFORMED NAME: NAVISTAR HOLDING INC DATE OF NAME CHANGE: 19870528 11-K 1 PAGE 1 UNITED STATES 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 end December 31, 1997 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 1-9618 NAVISTAR RETIREMENT ACCUMULATION PLAN ------------------------------------- (Full Title of the Plan) NAVISTAR INTERNATIONAL CORPORATION ---------------------------------- 455 North Cityfront Plaza Drive Chicago, Illinois 60611 (Name of Issuer of the securities held pursuant to the plan and the address of its principal executive office) PAGE 2 REQUIRED INFORMATION Navistar Retirement Accumulation Plan ("Plan") is subject to the Employee Retirement Income Security Act of 1974 ("ERISA"). Therefore, in lieu of the requirements of Items 1-3 of Form 11-K, the financial statements and schedules of the Plan as of December 31, 1997 and 1996, and for the years then ended, which have been prepared in accordance with the financial reporting requirements of ERISA, are attached hereto as Appendix 1 and incorporated herein by this reference. EXHIBITS -------- Exhibit Number Description 11-K Page - -------------- ----------- --------- 23 Consent of Deloitte & Touche LLP E-1 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Plan Administrator for the Plan has duly caused this annual report to be signed on its behalf by the undersigned hereunto duly authorized. Navistar Retirement Accumulation Plan -------------------------------------- By: Navistar International Transportation Corp. Plan Administrator By: Mark T. Schwetschenau ----------------------------------- Name: Mark T. Schwetschenau Title: Vice President and Controller (Principal Accounting Officer) June 26, 1998 APPENDIX 1 NAVISTAR RETIREMENT ACCUMULATION PLAN - ------------------------------------- TABLE OF CONTENTS ----------------- Page ---- INDEPENDENT AUDITORS' REPORT 2 FINANCIAL STATEMENTS AS OF DECEMBER 31, 1997 AND 1996 AND FOR THE YEARS THEN ENDED: Statements of Net Assets Available for Benefits 3 Statements of Changes in Net Assets Available for Benefits 4 Notes to Financial Statements 5 SUPPLEMENTAL SCHEDULES AS OF DECEMBER 31, 1997 AND FOR THE YEAR THEN ENDED: Schedule of Assets Held for Investment Purposes - Item 27(a) (Schedule I) 12 Schedule of Reportable Transactions - Item 27(d) (Schedule II) 13 All other schedules are omitted because of the absence of the conditions under which they are required. ---------------------------------------------------------------------------- - 1 - INDEPENDENT AUDITORS' REPORT Navistar International Transportation Corp: We have audited the accompanying financial statements of the Navistar Retirement Accumulation Plan (the "Plan") as of December 31, 1997 and 1996, and for the years then ended, listed in the table of contents. 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, such financial statements present fairly, in all material respects, the net assets available for benefits of the Plan at December 31, 1997 and 1996 and the changes in net assets available for benefits for the years then ended in conformity with generally accepted accounting principles. Our audits were conducted for the purpose of forming an opinion on the basic financial statements taken as a whole. The accompanying supplemental schedules listed in the table of contents 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 basic financial statements. These schedules are the responsibility of the Plan's management. Such supplemental schedules have been subjected to the auditing procedures applied in the audit of the basic 1997 financial statements and, in our opinion, are fairly stated in all material respects when considered in relation to the basic 1997 financial statements taken as a whole. DELOITTE & TOUCHE LLP May 22, 1998 Chicago, Illinois - 2 - NAVISTAR RETIREMENT ACCUMULATION PLAN - ------------------------------------- STATEMENTS OF NET ASSETS AVAILABLE FOR BENEFITS AS OF DECEMBER 31, 1997 AND 1996 - -----------------------------------------------
1997 1996 ----------- ----------- ASSETS INVESTMENTS: Navistar Pooled Stock Master Trust Fund - at market value (1997 -21,643 units of participation, cost $122,450) $ 142,410 $ - American Express Trust Collective Income Fund II - at market value (1997 - 12,411 shares, cost $214,271) 219,663 - American Express Trust Equity Index Fund - at market value (1997 - 8,879 shares, cost $219,017) 241,973 - IDS Selective Fund (Y) - at market value (1997 - 7,537 shares, cost $69,103) 69,193 - IDS New Dimensions Fund (Y) - at market value (1997 - 15,428 shares, cost $370,122) 368,141 - Templeton Foreign Fund - at market value (1997 - 13,169 shares, cost $147,440) 131,028 - Frank Russell Aggressive Balanced Fund (1997 - 18,101 shares, cost $198,372) 229,480 - Participant loans 56,219 - ----------- ----------- Total investments 1,458,107 - RECEIVABLES: Participant pre-tax contributions 25,014 - Employer discretionary retirement contributions 701,483 168,548 Employer matching contributions 34,841 - ----------- ----------- Total receivables 761,338 168,548 ----------- ----------- NET ASSETS AVAILABLE FOR BENEFITS $ 2,219,445 $ 168,548 =========== =========== See notes to financial statements. - -----------------------------------------------------------------------------------------------------
- 3 - NAVISTAR RETIREMENT ACCUMULATION PLAN - ------------------------------------- STATEMENTS OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS FOR THE YEARS ENDED DECEMBER 31, 1997 AND 1996 - ----------------------------------------------------------
1997 1996 ----------- ----------- ADDITIONS TO NET ASSETS: Investment income: Net realized/unrealized appreciation in fair value of investments $ 66,123 $ - Interest and dividend income 43,178 - ----------- ----------- Total investment income 109,301 - Contributions: Participant pre-tax contributions 184,576 - Employer discretionary retirement contributions 701,483 168,548 Employer matching contributions 65,037 - ----------- ----------- Total contributions 951,096 168,548 Rollovers from other qualified plans 700,145 - Transfers from other qualified plans - net 293,949 - ----------- ----------- Total additions to net assets 2,054,491 168,548 ----------- ----------- DEDUCTIONS FROM NET ASSETS: Benefits paid to participants 2,741 - Other 853 - ----------- ----------- Total deductions from net assets 3,594 - ----------- ----------- Net increase 2,050,897 168,548 NET ASSETS AVAILABLE FOR BENEFITS: BEGINNING OF YEAR 168,548 - ----------- ----------- END OF YEAR $ 2,219,445 $ 168,548 =========== =========== See notes to financial statements. - --------------------------------------------------------------------------------
- 4 - NAVISTAR RETIREMENT ACCUMULATION PLAN - ------------------------------------- NOTES TO FINANCIAL STATEMENTS FOR THE YEARS ENDED DECEMBER 31, 1997 AND 1996 - ------------------------------------------- 1. DESCRIPTION OF THE PLAN The following description of the Navistar Retirement Accumulation Plan (the "Plan") provides only general information. Participants should refer to the Plan document for a complete description of the Plan's provisions. General - The Plan is sponsored by Navistar International Transportation Corp. (the "Company") to provide savings and retirement benefits for certain eligible salaried employees of the Company and of certain of its affiliates that are participating under the Plan who were first hired on or after January 1, 1996 and who meet certain length of service requirements. The Plan was established January 1, 1996, and has subsequently been amended to maintain qualification under Sections 401(a), 401(k) and 501 of the Internal Revenue Code of 1986 and to modify the provisions of the Plan. Administrative expenses relating to the Plan are paid by the Company. The Trustee, American Express Trust, is authorized to hold and invest the assets of the Plan in accordance with the provisions of the Trust Agreement between the Company and the Trustee. Contributions - Contributions may be made to the Plan only on a pre-tax basis. Pre-tax salary reduction contributions to the Plan are subject to annual maximum limits equal to the lesser of 15 percent of a participant's annual compensation or a prescribed dollar amount, indexed for inflation ($9,500 for 1997). Subject to Company approval, certain eligible employees are allowed to make rollover contributions to the Plan, if such contributions satisfy applicable regulations. Such employees are not required to be participants in the pre-tax salary reduction portion of the Plan and no pre-tax salary reduction contributions may be made until such time as such employees would otherwise become eligible to and do elect participation in that portion of the Plan. The Plan permits the Company to make matching and discretionary contributions. Company matching and discretionary contributions are subject to a vesting schedule based upon the participant's length of employment, and fully vest upon completion of five years of service. The Company matches 50 percent of the first 6 percent of eligible compension deferred by the participant. Discretionary retirement contributions are allocated to eligible members based on the participant's age at year-end and eligible compensation. Non-vested Company matching and discretionary contributions are forfeited when a participant retires or terminates service. Such forfeitures are used to offset future Company contributions. Salary reduction contributions and rollover contributions are fully vested immediately. Investment Options - Participants may direct the investment of their pre-tax salary reduction and rollover account assets as follows: - 5 - 1. DESCRIPTION OF THE PLAN (continued) American Express Trust Collective Income Fund II is a diversified pool of investment contracts varying in maturity date, size and yield and short-term cash instruments; American Express Trust Equity Index Fund is a collective investment fund which invests primarily in nearly all of the same stocks as are in the Standard & Poor's 500 stock index; IDS Selective Fund (Y) is a mutual fund which invests primarily in investment grade corporate bonds, government bonds, and other debt securities; IDS New Dimensions Fund (Y) is a mutual fund which invests primarily in ordinary common stock of United States companies; Templeton Foreign Fund is a specialty growth fund which invests primarily in common stocks and other securities of companies and governments outside the United States. Effective May 1, 1997, the Navistar International Corporation Common Stock Pooled Fund was added as an investment option within this Plan. Navistar International Corporation Common Stock Pooled Fund is a pool consisting primarily of Navistar International Corporation Common Stock and a small amount of short-term cash investments. Navistar International Corporation ("Navistar") is the parent of the Company. The shares of Navistar International Corporation and the units of a money market fund are pooled and represented by units of the Company Stock Pool (the "Pool"). The value of each unit of the Pool is represented in terms of "net asset value" ("NAV"). The NAV per unit of the Pool is determined by dividing the value of all assets of the Pool by the total number of outstanding units of the Pool. The Navistar International Corporation Common Stock Pooled Fund became a master trust ("Master Trust Fund") effective July 1, 1997. The plans participating in the master trust are allocated units of the Pool based on their respective percent interest and share in the assets of the Pool, investment income generated by assets of the Pool, and the gains/losses of the assets of the Pool by way of the increase/decrease of the NAV of each participating plan's allocated units of the Pool. Except for the fact that each participating plan may hold a different number of units of the Pool, each participating plan shares equally in the assets and investment experience of the Pool since the same NAV applies to all units of the Pool. - 6 - 1. DESCRIPTION OF THE PLAN (continued) The participating plans in the Master Trust Fund and their percent interest as of December 31, 1997, is as follows: Navistar International Transportation Corp. 401(k) Retirement Savings Plan 83.7% Navistar International Transportation Corp. 401(k) Plan for Represented Employees 13.7% Navistar Retirement Accumulation Plan 2.6% Investment of Company Matching and Discretionary Contributions - The Company controls the investment of these contributions. The Company employs professional investment managers, as selected by the Pension Fund Investment Committee of the Company, to manage such investment portfolio. It is intended that the assets will be invested on a long-term basis, consistent with the purpose of the Plan to provide retirement benefits. Such Plan assets for the years ended December 31, 1997 and 1996 were invested in the Frank Russell Aggressive Balanced Fund. This fund is a specialty balanced fund which invests in common stocks of United States and foreign companies and in intermediate bonds. Participant Accounts - Contributions and assets allocated to a specific investment fund are commingled with those of other participants and are invested in accordance with the nature of the specific fund. Realized gains and losses, unrealized appreciation and depreciation, and dividends and interest are allocated to participants based on their proportionate share of the funds. Fund managers' fees are charged to participants' accounts as a reduction of the return earned on each investment option. Loans to Participants - Participants may borrow from their fund accounts a minimum of $1,000 up to the lesser of 50% of their vested account balance or $50,000. Company matching and discretionary contributions are not available for loans. Loan transactions are treated as a transfer between the applicable investment funds and the loan fund. Loan terms range from 1 to 5 years, with the exception of loans made for the purchase of a principal residence, which must be repaid in installments over a period of up to ten years. The loans are secured by the balance in the participant's account and bear interest at a rate commensurate with local prevailing rates as determined by the Plan Administrator. 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation - The financial statements of the Plan are presented on the accrual basis of accounting. All investments are presented at published market values. The loans to participants are valued at cost which approximates market value. Security transactions are accounted for on the trade date. Dividend income is accrued on the ex-dividend date. - 7 - 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued) Use of Estimates - The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Valuation of Investments - Unrealized appreciation or depreciation on investments is determined by comparing the fair value of these separate funds at the current year-end, net of contributions made during the year, to their respective fair values at the preceding year-end. Realized gains or losses are determined by comparing net sales proceeds to the fair value of the investment at the preceding year-end. Participant Withdrawals - As of December 31, 1997 and December 31, 1996, there were no benefits which were due to former participants who have withdrawn from participation in the Plan. Benefits are recorded when paid. 3. TAX STATUS OF THE PLAN Application will be made to the Internal Revenue Service for a determination letter that the Plan qualifies under Sections 401(a) and 401(k) of the Internal Revenue Code of 1986 (the "Code"). The Company believes that the Plan is currently designed and being operated in compliance with the applicable requirements of the Code and thus the Plan and related trust are exempt from federal income taxes under Section 501(a) of the Code as of the financial statement date. 4. VOLUNTARY WITHDRAWAL Participants may request either an in-service or hardship withdrawal of certain of their account assets. Participants may only withdraw authorized pre-tax salary reduction contributions after attaining age 59-1/2, or on a hardship basis prior to attaining age 59-1/2. Company matching and discretionary contributions and investment earnings thereon are not eligible for in-service withdrawal. 5. TERMINATION OF EMPLOYMENT A participant's vested account is distributable at the time a participant separates from service with the Company, suffers a total and permanent disability or dies. When the participant terminates employment, the vested portion of the account will be distributed if the asset value is $3,500 or less. If the asset value is more than $3,500, the participant has the option of receiving the account upon separation or deferring receipt until age 65. Accounts are distributed in a single sum. If the account includes 100 or more shares of Navistar Common Stock, the distribution of that portion of the account will be made in the form of full shares of Common Stock and a cash payment for any fractional shares. For accounts with less than 100 shares of Navistar Common Stock, the distribution will be made in cash. - 8 - 6. AMENDMENT OR TERMINATION OF THE PLAN Although the Company expects to continue the Plan indefinitely, the Company, at its discretion, reserves the right to amend, modify, suspend or terminate the Plan, provided that no such action shall deprive any person of any rights to contributions made under the Plan. If the Plan is terminated or contributions thereto have been completely discontinued, the rights of all participants to the amounts credited to their accounts shall be non-forfeitable and the interest of each participant in the funds will be distributed to such participant or his or her beneficiary in accordance with the Plan terms and the Code. If the Plan is terminated, Plan participants will become fully vested in any funds allocated to them. 7. INVESTMENTS EXCEEDING 5 PERCENT OF NET ASSETS The Plan's investments which exceeded 5 percent of net assets available for benefits as of December 31, 1997 is as follows: 1997 -------- Navistar Pooled Stock Master Trust Fund $142,410 American Express Trust Collective Income Fund II 219,663 American Express Trust Equity Index Fund 241,973 IDS New Dimensions Fund (Y) 368,141 Templeton Foreign Fund 131,028 Frank Russell Aggressive Balanced Fund 229,480 8. TRANSACTIONS IN EMPLOYER SECURITIES The Common Stock of Navistar was purchased, distributed and sold by the Trustee during the Plan year ended December 31, as follows:
Net Sold Gain on Plan Year Purchased Distributed (at cost) Disposal --------- --------- ----------- --------- -------- 1997 $144,867 $ - $ 22,417 $ 5,276 ==== ========= ========== ========== =========
- 9 - 9. BY FUND INFORMATION Investment income, participant pre-tax contributions, benefits paid to participants and transfers from other qualified plans, by separate investment fund, is as follows for the year ended December 31, 1997. 1997 --------- Net realized/unrealized appreciation (depreciation) in fair value of investments: Navistar Pooled Stock Master Trust Fund $ 25,236 American Express Trust Collective Income Fund II 1,617 American Express Trust Equity Index Fund 23,334 IDS Selective Fund (Y) 114 IDS New Dimensions Fund (Y) 481 Templeton Foreign Fund (15,937) Frank Russell Aggressive Balanced Fund 31,278 --------- Total $ 66,123 ========= Interest and dividend income: Navistar Pooled Stock Master Trust Fund $ (514) American Express Trust Collective Income Fund II 1 American Express Trust Equity Index Fund 172 IDS Selective Fund (Y) 2,287 IDS New Dimensions Fund (Y) 27,941 Templeton Foreign Fund 12,980 Frank Russell Aggressive Balanced Fund 311 --------- Total $ 43,178 ========= Participant pre-tax contributions: Navistar Pooled Stock Master Trust Fund $ 6,342 American Express Trust Collective Income Fund II 12,031 American Express Trust Equity Index Fund 52,679 IDS Selective Fund (Y) 12,355 IDS New Dimensions Fund (Y) 67,573 Templeton Foreign Fund 33,596 Frank Russell Aggressive Balanced Fund - --------- Total $ 184,576 ========= Benefits paid to participants: Navistar Pooled Stock Master Trust Fund $ - American Express Trust Collective Income Fund II - American Express Trust Equity Index Fund 1,842 IDS Selective Fund (Y) - IDS New Dimensions Fund (Y) 899 Templeton Foreign Fund - Frank Russell Aggressive Balanced Fund - Participant loans - --------- Total $ 2,741 ========= - 10 - 9. BY FUND INFORMATION (continued) 1997 --------- Transfers from other qualified plans - net: Navistar Pooled Stock Master Trust Fund $ 83,730 American Express Trust Collective Income Fund II 5,748 American Express Trust Equity Index Fund 65,765 IDS Selective Fund (Y) 21,802 IDS New Dimensions Fund (Y) 75,548 Templeton Foreign Fund 36,979 Frank Russell Aggressive Balanced Fund - Participant loans 4,377 --------- Total $ 293,949 ========= 10. SUBSEQUENT EVENTS Based on closing market prices on May 22, 1998, the market values of the Plan's investments held at December 31, 1997 have increased from the market value amounts shown in the Statement of Net Assets Available For Benefits, as follows: Navistar Pooled Stock Master Trust Fund $ 48,307 American Express Trust Collective Income Fund II 5,138 American Express Trust Equity Index Fund 32,160 IDS Selective Fund (Y) 121 IDS New Dimensions Fund (Y) 46,623 Templeton Foreign Fund 13,037 Frank Russell Aggressive Balanced Fund 29,287 -------- Net increase in market value $174,673 ======== - 11 -
SCHEDULE I NAVISTAR RETIREMENT ACCUMULATION PLAN - ------------------------------------- SCHEDULE OF ASSETS HELD FOR INVESTMENT PURPOSES - ITEM 27(a), DECEMBER 31, 1997 - ------------------------------------------------------------------------------- DESCRIPTION OF INVESTMENT, INCLUDING MATURITY DATE, IDENTITY OF ISSUE, BORROWER, RATE OF INTEREST, COLLATERAL, (1) LESSOR OR SIMILAR PARTY PAR OR MATURITY VALUE COST MARKET VALUE - --- -------------------------------- --------------------------------------- ----------- ------------ * Navistar Pooled Stock Master Trust Fund 21,643 units of participation $ 122,450 $ 142,410 American Express Trust Collective Income Fund II 12,411 shares of beneficial interest, collective investment fund 214,271 219,663 American Express Trust Equity Index Fund 8,879 shares of beneficial interest, collective investment fund 219,017 241,973 IDS Selective Fund (Y) 7,537 shares of beneficial interest, mutual fund 69,103 69,193 IDS New Dimensions Fund (Y) 15,428 shares of beneficial interest, mutual fund 370,122 368,141 Templeton Foreign Fund 13,169 shares of beneficial interest, specialty growth mutual fund 147,440 131,028 Frank Russell Aggressive Balanced Fund 18,101 shares of beneficial interest, specialty aggressive growth fund 198,372 229,480 Participant Loans Interest rates ranging from 8.09% - 9.50%, (maturing 2000 through 2007) 56,219 56,219 ------------ ----------- TOTAL INVESTMENTS $ 1,396,994 $ 1,458,107 ============ =========== (1) An asterisk indicates a party-in-interest. - -----------------------------------------------------------------------------------------------------------------------------------
-12- SCHEDULE II ----------- NAVISTAR RETIREMENT ACCUMULATION PLAN - ------------------------------------- SCHEDULE OF REPORTABLE TRANSACTIONS - ITEM 27(d) YEAR ENDED DECEMBER 31, 1997 - -------------------------------------------------------------------------------- See attached trustee statements for detailed lists of reportable transactions. Note: The attached lists of reportable transactions, provided by American Express Trust, were determined by comparing the current value of the transactions, or series of transactions, on the transaction date(s), with five percent of the current value of the Trust assets at the beginning of the Plan year; and, as such, may include transactions which represent 5 percent of the assets of the Trust, but may not represent transactions which represent 5 percent of Plan assets. - -------------------------------------------------------------------------------- -13- SCHEDULE G INFORMATION - PART V REPORTABLE TRANSACTIONS NAVISTAR RETIREMENT ACCUM. PLAN FROM 1/1/97 TO 12/31/97 ACCOUNT DMO184900
DATE SHARES/ UNIT EXPENSE PRINCIPAL COST REALIZED BOUGHT/SOLD PAR VALUE PRICE INCURRED CASH ADJUSTMENT GAIN/LOSS - ----------- --------- ----- -------- --------- ---------- --------- BEGINNING MARKET VALUE 0 COMPARATIVE VALUE (5%) 0 - --------------------- - CATEGORY 1 - SINGLE TRANSACTION EXCEEDS 5% OF VALUE ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 2/4/97 B 4 21.846 0 98- * 98 ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 3/3/97 B 29 21.403 0 626- * 626 ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 3/6/97 B 1,635 21.423 0 35,022- * 35,022 ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 3/7/97 B 1,620 21.754 0 35,243- * 35,243 ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 3/17/97 B 28 21.411 0 603- * 603 ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 3/31/97 B 49 20.854 0 1,027- * 1,027 ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 4/3/97 B 76 20.489 0 1,553- * 1,553 ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 4/15/97 S 18 20.182 0 370 * 395 -25 ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 4/16/97 B 68 20.366 0 1,386- * 1,386 ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 4/17/97 B 49 20.483 0 996- * 996 ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 5/1/97 B 74 21.503 0 1,595- * 1,595 ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 5/6/97 B 52 22.241 0 1,155- * 1,155 ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 5/13/97 B 82 22.502 0 1,852- * 1,852 ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 5/16/97 B 67 22.679 0 1,521- * 1,521 ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 5/27/97 B 2,045 22.762 0 46,549- * 46,549 ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 6/5/97 B 98 22.548 0 2,203- * 2,203
- 14 - SCHEDULE G INFORMATION - PART V REPORTABLE TRANSACTIONS NAVISTAR RETIREMENT ACCUM. PLAN FROM 1/1/97 TO 12/31/97 ACCOUNT DMO184900
DATE SHARES/ UNIT EXPENSE PRINCIPAL COST REALIZED BOUGHT/SOLD PAR VALUE PRICE INCURRED CASH ADJUSTMENT GAIN/LOSS - ----------- --------- ----- -------- --------- ---------- --------- ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 6/10/97 B 54 23.084 0 1,235- * 1,235 ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 6/17/97 B 79 23.769 0 1,887- * 1,887 ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 7/2/97 B 126 23.699 0 2,976- * 2,976 ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 7/16/97 B 93 25.193 0 2,346- * 2,346 ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 7/17/97 B 105 25.592 0 2,682- * 2,682 ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 7/29/97 B 19 25.276 0 484- * 484 ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 7/30/97 B 61 25.457 0 1,561- * 1,561 ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 8/4/97 B 235 25.56 0 6,015- * 6,015 ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 8/7/97 B 966 25.871 0 25,000- * 25,000 ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 8/11/97 B 148 25.662 0 3,796- * 3,796 ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 8/12/97 S 465 25.194 0 11,723 * 10,618 1,105 ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 8/13/97 B 2,572 24.857 0 63,931- * 63,931 ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 8/19/97 B 75 24.501 0 1,841- * 1,841 ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 8/21/97 B 540 25.271 0 13,637- * 13,637 ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 8/27/97 B 7 24.603 0 178- * 178 ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 8/28/97 B 435 24.608 0 10,693- * 10,693 ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 9/4/97 B 160 25.033 0 4,013- * 4,013 ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 9/5/97 B 3 25.119 0 77- * 77 ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 9/9/97 B 26 25.14 0 648- * 648 ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 9/9/97 S 3 25.098 0 67 * 63 4 ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 9/19/97 B 155 25.448 0 3,941- * 3,941 ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 9/26/97 B 30 25.285 0 770- * 770
- 15 - SCHEDULE G INFORMATION - PART V REPORTABLE TRANSACTIONS NAVISTAR RETIREMENT ACCUM. PLAN FROM 1/1/97 TO 12/31/97 ACCOUNT DMO184900
DATE SHARES/ UNIT EXPENSE PRINCIPAL COST REALIZED BOUGHT/SOLD PAR VALUE PRICE INCURRED CASH ADJUSTMENT GAIN/LOSS - ----------- --------- ----- -------- --------- ---------- --------- ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 9/29/97 B 32 25.456 0 825- * 825 ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 10/1/97 B 192 25.419 0 4,891- * 4,891 ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 10/2/97 S 2 25.57 0 61 * 57 5 ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 10/9/97 B 1,250 26.198 0 32,741- * 32,741 ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 10/10/97 B 1 26.198 0 23- * 23 ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 10/16/97 B 137 26.06 0 3,565- * 3,565 ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 11/3/97 B 236 24.617 0 5,810- * 5,810 ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 11/5/97 S 818 25.332 0 20,722 * 19,536 1,186 ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 11/6/97 B 4 25.533 0 112- * 112 ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 11/10/97 S 8 25.023 0 207 * 197 9 ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 11/13/97 B 633 24.255 0 15,351- * 15,351 ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 11/17/97 B 182 24.884 0 4,531- * 4,531 ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 11/19/97 B 8 25.087 0 194- * 194 ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 11/25/97 B 5 25.264 0 122- * 122 ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 12/1/97 B 283 25.57 0 7,242- * 7,242 ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 12/2/97 B 215 26.163 0 5,620- * 5,620 ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 12/3/97 S 39 26.044 0 1,009 * 929 80 ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 12/10/97 S 26 26.155 0 693 * 635 57 ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 12/15/97 B 374 25.303 0 9,456- * 9,456 ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 12/17/97 S 11 25.695 0 295 * 276 19 ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 12/22/97 B 187 25.398 0 4,750- * 4,750 ISSUE : 449444306 - IDS NEW DIMENSIONS FUND Y 12/23/97 B 69 25.286 0 1,752- * 1,752
- 16 - SCHEDULE G INFORMATION - PART V REPORTABLE TRANSACTIONS NAVISTAR RETIREMENT ACCUM. PLAN FROM 1/1/97 TO 12/31/97 ACCOUNT DMO184900
DATE SHARES/ UNIT EXPENSE PRINCIPAL COST REALIZED BOUGHT/SOLD PAR VALUE PRICE INCURRED CASH ADJUSTMENT GAIN/LOSS - ----------- --------- ----- -------- --------- ---------- --------- ISSUE : 449444306 IDS NEW DIMENSIONS FUND Y 12/29/97 S 32 24.719 0 801 * 779 22 ISSUE : 449444306 IDS NEW DIMENSIONS FUND Y 12/30/97 B 1,178 23.336 0 27,479- * 27,479 ISSUE : 449478304 IDS SELECTIVE FUND Y 2/4/97 B 2 9.098 0 22- * 22 ISSUE : 449478304 - IDS SELECTIVE FUND Y 2/27/97 B 0 9.091 0 0- * 0 ISSUE : 449478304 - IDS SELECTIVE FUND Y 3/3/97 B 14 9.05 0 125- * 125 ISSUE : 449478304 - IDS SELECTIVE FUND Y 3/6/97 B 1,555 9.024 0 14,031- * 14,031 ISSUE : 449478304 - IDS SELECTIVE FUND Y 3/7/97 B 420 9.025 0 3,788- * 3,788 ISSUE : 449478304 - IDS SELECTIVE FUND Y 3/17/97 B 7 8.978 0 65- * 65 ISSUE : 449478304 - IDS SELECTIVE FUND Y 3/31/97 B 8 8.942 0 74- * 74 ISSUE : 449478304 - IDS SELECTIVE FUND Y 3/31/97 B 6 8.894 0 57- * 57 ISSUE : 449478304 - IDS SELECTIVE FUND Y 4/17/97 B 7 8.892 0 63- * 63 ISSUE : 449478304 - IDS SELECTIVE FUND Y 4/29/97 B 12 8.888 0 109- * 109 ISSUE : 449478304 - IDS SELECTIVE FUND Y 5/1/97 B 13 8.967 0 118- * 118 ISSUE : 449478304 - IDS SELECTIVE FUND Y 5/13/97 B 103 9.007 0 926- * 926 ISSUE : 449478304 - IDS SELECTIVE FUND Y 5/16/97 B 10 9.003 0 88- * 88 ISSUE : 449478304 - IDS SELECTIVE FUND Y 5/29/97 B 11 8.947 0 100- * 100 ISSUE : 449478304 - IDS SELECTIVE FUND Y 6/5/97 B 36 9.018 0 320- * 320 ISSUE : 449478304 - IDS SELECTIVE FUND Y 6/10/97 B 14 9.042 0 124- * 124 ISSUE : 449478304 - IDS SELECTIVE FUND Y 6/17/97 B 19 9.104 0 177- * 177 ISSUE : 449478304 - IDS SELECTIVE FUND Y 6/27/97 B 12 9.069 0 109- * 109 ISSUE : 449478304 - IDS SELECTIVE FUND Y 7/2/97 B 60 9.086 0 542- * 542 ISSUE : 449478304 - IDS SELECTIVE FUND Y 7/16/97 B 22 9.173 0 201- * 201
- 17 - SCHEDULE G INFORMATION - PART V REPORTABLE TRANSACTIONS NAVISTAR RETIREMENT ACCUM. PLAN FROM 1/1/97 TO 12/31/97 ACCOUNT DMO184900
DATE SHARES/ UNIT EXPENSE PRINCIPAL COST REALIZED BOUGHT/SOLD PAR VALUE PRICE INCURRED CASH ADJUSTMENT GAIN/LOSS - ----------- --------- ----- -------- --------- ---------- --------- ISSUE : 449478304 - IDS SELECTIVE FUND Y 7/17/97 B 194 9.204 0 1,788- * 1,788 ISSUE : 449478304 - IDS SELECTIVE FUND Y 7/28/97 B 12 9.215 0 115- * 115 ISSUE : 449478304 - IDS SELECTIVE FUND Y 7/29/97 B 367 9.23 0 3,387- * 3,387 ISSUE : 449478304 - IDS SELECTIVE FUND Y 7/30/97 B 51 9.253 0 471- * 471 ISSUE : 449478304 - IDS SELECTIVE FUND Y 8/4/97 B 25 9.218 0 229- * 229 ISSUE : 449478304 - IDS SELECTIVE FUND Y 8/11/97 B 436 9.18 0 4,005- * 4,005 ISSUE : 449478304 - IDS SELECTIVE FUND Y 8/19/97 B 30 9.177 0 276- * 276 ISSUE : 449478304 - IDS SELECTIVE FUND Y 8/27/97 B 0 9.096 0 2- * 2 ISSUE : 449478304 - IDS SELECTIVE FUND Y 8/27/97 S 39 9.097 0 356 * 356 1 ISSUE : 449478304 - IDS SELECTIVE FUND Y 8/28/97 B 18 9.101 0 165- * 165 ISSUE : 449478304 - IDS SELECTIVE FUND Y 8/28/97 B 492 9.101 0 4,479- * 4,479 ISSUE : 449478304 - IDS SELECTIVE FUND Y 9/4/97 B 107 9.13 0 977- * 977 ISSUE : 449478304 - IDS SELECTIVE FUND Y 9/9/97 B 0 9.091 0 0- * 0 ISSUE : 449478304 - IDS SELECTIVE FUND Y 9/9/97 S 2 9.106 0 22 * 22 0 ISSUE : 449478304 - IDS SELECTIVE FUND Y 9/19/97 B 50 9.229 0 459- * 459 ISSUE : 449478304 - IDS SELECTIVE FUND Y 9/26/97 B 19 9.218 0 179- * 179 ISSUE : 449478304 - IDS SELECTIVE FUND Y 9/26/97 B 14 9.218 0 128- * 128 ISSUE : 449478304 - IDS SELECTIVE FUND Y 9/29/97 B 89 9.236 0 825- * 825 ISSUE : 449478304 - IDS SELECTIVE FUND Y 10/1/97 B 141 9.219 0 1,304- * 1,304 ISSUE : 449478304 - IDS SELECTIVE FUND Y 10/9/97 B 1,668 9.241 0 15,410- * 15,410 ISSUE : 449478304 - IDS SELECTIVE FUND Y 10/14/97 B 0 9.208 0 0- * 0 ISSUE : 449478304 - IDS SELECTIVE FUND Y 10/14/97 S 19 9.209 0 177 * 175 1
- 18 - SCHEDULE G INFORMATION - PART V REPORTABLE TRANSACTIONS NAVISTAR RETIREMENT ACCUM. PLAN FROM 1/1/97 TO 12/31/97 ACCOUNT DMO184900
DATE SHARES/ UNIT EXPENSE PRINCIPAL COST REALIZED BOUGHT/SOLD PAR VALUE PRICE INCURRED CASH ADJUSTMENT GAIN/LOSS - ----------- --------- ----- -------- --------- ---------- --------- ISSUE : 449478304 - IDS SELECTIVE FUND Y 10/16/97 B 48 9.229 0 447- * 447 ISSUE : 449478304 - IDS SELECTIVE FUND Y 10/29/97 B 29 9.224 0 267- * 267 ISSUE : 449478304 - IDS SELECTIVE FUND Y 11/3/97 B 159 9.267 0 1,472- * 1,472 ISSUE : 449478304 - IDS SELECTIVE FUND Y 11/6/97 B 48 9.223 0 447- * 447 ISSUE : 449478304 - IDS SELECTIVE FUND Y 11/13/97 B 93 9.245 0 861- * 861 ISSUE : 449478304 - IDS SELECTIVE FUND Y 11/17/97 B 68 9.254 0 629- * 629 ISSUE : 449478304 - IDS SELECTIVE FUND Y 11/19/97 B 5 9.264 0 43- * 43 ISSUE : 449478304 - IDS SELECTIVE FUND Y 11/25/97 B 11 9.256 0 98- * 98 ISSUE : 449478304 - IDS SELECTIVE FUND Y 11/26/97 B 29 9.267 0 273- * 273 ISSUE : 449478304 - IDS SELECTIVE FUND Y 12/1/97 B 174 9.271 0 1,609- * 1,609 ISSUE : 449478304 - IDS SELECTIVE FUND Y 12/3/97 B 0 9.272 0 1- * 1 ISSUE : 449478304 - IDS SELECTIVE FUND Y 12/3/97 S 106 9.273 0 984 * 971 13 ISSUE : 449478304 - IDS SELECTIVE FUND Y 12/15/97 B 860 9.297 0 7,998- * 7,998 ISSUE : 449478304 - IDS SELECTIVE FUND Y 12/17/97 B 28 9.279 0 258- * 258 ISSUE : 449478304 - IDS SELECTIVE FUND Y 12/22/97 B 70 9.284 0 653- * 653 ISSUE : 449478304 - IDS SELECTIVE FUND Y 12/23/97 B 30 9.277 0 280- * 280 ISSUE : 449478304 - IDS SELECTIVE FUND Y 12/29/97 B 97 9.176 0 893- * 893 ISSUE : 449478304 - IDS SELECTIVE FUND Y 12/29/97 S 90 9.253 0 835 * 827 8 ISSUE : 449478304 - IDS SELECTIVE FUND Y 12/31/97 S 1 9.168 0 11 * 11 0 ISSUE : 880196209 TEMPLETON FOREIGN FUND 2/4/97 B 3 10.497 0 33- * 33 ISSUE : 880196209 TEMPLETON FOREIGN FUND 3/3/97 B 25 10.61 0 267- * 267 ISSUE : 880196209 TEMPLETON FOREIGN FUND 3/6/97 B 130 10.64 0 1,380- * 1,380
- 19 - SCHEDULE G INFORMATION - PART V REPORTABLE TRANSACTIONS NAVISTAR RETIREMENT ACCUM. PLAN FROM 1/1/97 TO 12/31/97 ACCOUNT DMO184900
DATE SHARES/ UNIT EXPENSE PRINCIPAL COST REALIZED BOUGHT/SOLD PAR VALUE PRICE INCURRED CASH ADJUSTMENT GAIN/LOSS - ----------- --------- ----- -------- --------- ---------- --------- ISSUE : 880196209 TEMPLETON FOREIGN FUND 3/7/97 B 2,834 10.71 0 30,352- * 30,352 ISSUE : 880196209 TEMPLETON FOREIGN FUND 3/17/97 B 21 10.69 0 229- * 229 ISSUE : 880196209 TEMPLETON FOREIGN FUND 3/31/97 B 40 10.74 0 431- * 431 ISSUE : 880196209 TEMPLETON FOREIGN FUND 4/3/97 B 354 10.54 0 3,730- * 3,730 ISSUE : 880196209 TEMPLETON FOREIGN FUND 4/15/97 B 35 10.53 0 370- * 370 ISSUE : 880196209 TEMPLETON FOREIGN FUND 4/17/97 B 64 10.62 0 676- * 676 ISSUE : 880196209 TEMPLETON FOREIGN FUND 5/1/97 B 75 10.78 0 813- * 813 ISSUE : 880196209 TEMPLETON FOREIGN FUND 5/13/97 B 84 11.09 0 926- * 926 ISSUE : 880196209 TEMPLETON FOREIGN FUND 5/16/97 B 100 11.14 0 1,112- * 1,112 ISSUE : 880196209 TEMPLETON FOREIGN FUND 6/5/97 B 103 11.22 0 1,151- * 1,151 ISSUE : 880196209 TEMPLETON FOREIGN FUND 6/10/97 B 44 11.32 0 494- * 494 ISSUE : 880196209 TEMPLETON FOREIGN FUND 6/17/97 B 109 11.39 0 1,237- * 1,237 ISSUE : 880196209 TEMPLETON FOREIGN FUND 7/2/97 B 111 11.59 0 1,283- * 1,283 ISSUE : 880196209 TEMPLETON FOREIGN FUND 7/16/97 B 157 11.67 0 1,831- * 1,831 ISSUE : 880196209 TEMPLETON FOREIGN FUND 7/30/97 B 40 11.76 0 466- * 466 ISSUE : 880196209 TEMPLETON FOREIGN FUND 8/4/97 B 73 11.75 0 854- * 854 ISSUE : 880196209 TEMPLETON FOREIGN FUND 8/7/97 B 2,124 11.77 0 25,000- * 25,000 ISSUE : 880196209 TEMPLETON FOREIGN FUND 8/11/97 B 148 10.82 0 1,602- * 1,602 ISSUE : 880196209 TEMPLETON FOREIGN FUND 8/12/97 S 1,023 11.76 0 12,027 * 11,380 647 ISSUE : 880196209 TEMPLETON FOREIGN FUND 8/19/97 B 85 11.61 0 986- * 986 ISSUE : 880196209 TEMPLETON FOREIGN FUND 8/21/97 B 717 11.69 0 8,378- * 8,378 ISSUE : 880196209 TEMPLETON FOREIGN FUND 8/27/97 B 15 11.659 0 178- * 178
- 20 - SCHEDULE G INFORMATION - PART V REPORTABLE TRANSACTIONS NAVISTAR RETIREMENT ACCUM. PLAN FROM 1/1/97 TO 12/31/97 ACCOUNT DMO184900
DATE SHARES/ UNIT EXPENSE PRINCIPAL COST REALIZED BOUGHT/SOLD PAR VALUE PRICE INCURRED CASH ADJUSTMENT GAIN/LOSS - ----------- --------- ----- -------- --------- ---------- --------- ISSUE : 880196209 TEMPLETON FOREIGN FUND 8/28/97 B 846 11.62 0 9,825- * 9,825 ISSUE : 880196209 TEMPLETON FOREIGN FUND 9/4/97 B 131 11.57 0 1,512- * 1,512 ISSUE : 880196209 TEMPLETON FOREIGN FUND 9/5/97 B 7 11.559 0 77- * 77 ISSUE : 880196209 TEMPLETON FOREIGN FUND 9/9/97 B 52 11.65 0 604- * 604 ISSUE : 880196209 TEMPLETON FOREIGN FUND 9/19/97 B 178 11.81 0 2,107- * 2,107 ISSUE : 880196209 TEMPLETON FOREIGN FUND 9/26/97 B 43 11.95 0 514- * 514 ISSUE : 880196209 TEMPLETON FOREIGN FUND 9/29/97 B 69 12 0 825- * 825 ISSUE : 880196209 TEMPLETON FOREIGN FUND 10/1/97 B 191 12.04 0 2,305- * 2,305 ISSUE : 880196209 TEMPLETON FOREIGN FUND 10/2/97 S 3 12.11 0 35 * 33 2 ISSUE : 880196209 TEMPLETON FOREIGN FUND 10/9/97 B 1,996 12.12 0 24,192- * 24,192 ISSUE : 880196209 TEMPLETON FOREIGN FUND 10/16/97 B 135 12.09 0 1,636- * 1,636 ISSUE : 880196209 TEMPLETON FOREIGN FUND 10/21/97 B 224 11.04 0 2,477- * 2,477 ISSUE : 880196209 TEMPLETON FOREIGN FUND 10/22/97 B 618 11.04 0 6,825- * 6,825 ISSUE : 880196209 TEMPLETON FOREIGN FUND 11/3/97 B 283 10.29 0 2,917- * 2,917 ISSUE : 880196209 TEMPLETON FOREIGN FUND 11/13/97 B 312 10.09 0 3,147- * 3,147 ISSUE : 880196209 TEMPLETON FOREIGN FUND 11/17/97 B 196 10.11 0 1,983- * 1,983 ISSUE : 880196209 TEMPLETON FOREIGN FUND 11/18/97 S 30 10.24 0 305 * 338 -33 ISSUE : 880196209 TEMPLETON FOREIGN FUND 11/25/97 B 14 10.23 0 147- * 147 ISSUE : 880196209 TEMPLETON FOREIGN FUND 12/1/97 B 403 10.18 0 4,104- * 4,104 ISSUE : 880196209 TEMPLETON FOREIGN FUND 12/2/97 B 366 10.25 0 3,749- * 3,749 ISSUE : 880196209 TEMPLETON FOREIGN FUND 12/15/97 B 194 10.03 0 1,944- * 1,944 ISSUE : 880196209 TEMPLETON FOREIGN FUND 12/16/97 B 318 9.79 0 3,110- * 3,110
- 21 - SCHEDULE G INFORMATION - PART V REPORTABLE TRANSACTIONS NAVISTAR RETIREMENT ACCUM. PLAN FROM 1/1/97 TO 12/31/97 ACCOUNT DMO184900
DATE SHARES/ UNIT EXPENSE PRINCIPAL COST REALIZED BOUGHT/SOLD PAR VALUE PRICE INCURRED CASH ADJUSTMENT GAIN/LOSS - ----------- --------- ----- -------- --------- ---------- --------- ISSUE : 880196209 TEMPLETON FOREIGN FUND 12/16/97 S 24 9.79 0 234 * 268 -34 ISSUE : 880196209 TEMPLETON FOREIGN FUND 12/17/97 B 30 9.84 0 295- * 295 ISSUE : 880196209 TEMPLETON FOREIGN FUND 12/22/97 B 229 9.78 0 2,242- * 2,242 ISSUE : 880196209 TEMPLETON FOREIGN FUND 12/29/97 S 76 9.8 0 746 * 852 -106 ISSUE : 880196209 TEMPLETON FOREIGN FUND 12/31/97 S 0 9.944 0 2 * 3 0 ISSUE : 990008419 INCOME FUND II 3/3/97 B 4 16.558 0 58- * 58 ISSUE : 990008419 INCOME FUND II 3/6/97 B 78 16.573 0 1,285- * 1,285 ISSUE : 990008419 INCOME FUND II 3/7/97 B 33 16.576 0 554- * 554 ISSUE : 990008419 INCOME FUND II 3/17/97 B 2 16.596 0 29- * 29 ISSUE : 990008419 INCOME FUND II 3/31/97 B 0 16.605 0 5- * 5 ISSUE : 990008419 INCOME FUND II 4/17/97 B 8 16.687 0 142- * 142 ISSUE : 990008419 INCOME FUND II 5/1/97 B 10 16.724 0 164- * 164 ISSUE : 990008419 INCOME FUND II 5/16/97 B 10 16.763 0 159- * 159 ISSUE : 990008419 INCOME FUND II 6/5/97 B 10 16.817 0 168- * 168 ISSUE : 990008419 INCOME FUND II 6/17/97 B 22 16.849 0 363- * 363 ISSUE : 990008419 INCOME FUND II 7/2/97 B 43 16.888 0 721- * 721 ISSUE : 990008419 INCOME FUND II 7/16/97 B 17 16.926 0 295- * 295 ISSUE : 990008419 INCOME FUND II 7/17/97 B 106 16.929 0 1,788- * 1,788 ISSUE : 990008419 INCOME FUND II 7/29/97 B 143 16.963 0 2,419- * 2,419 ISSUE : 990008419 INCOME FUND II 7/30/97 B 41 16.965 0 696- * 696 ISSUE : 990008419 INCOME FUND II 8/4/97 B 8 16.972 0 129- * 129 ISSUE : 990008419 INCOME FUND II 8/11/97 B 231 16.992 0 3,932- * 3,932
- 22 - SCHEDULE G INFORMATION - PART V REPORTABLE TRANSACTIONS NAVISTAR RETIREMENT ACCUM. PLAN FROM 1/1/97 TO 12/31/97 ACCOUNT DMO184900
DATE SHARES/ UNIT EXPENSE PRINCIPAL COST REALIZED BOUGHT/SOLD PAR VALUE PRICE INCURRED CASH ADJUSTMENT GAIN/LOSS - ----------- --------- ----- -------- --------- ---------- --------- ISSUE : 990008419 INCOME FUND II 8/13/97 B 1,645 17.004 0 27,970- * 27,970 ISSUE : 990008419 INCOME FUND II 8/19/97 B 6 17.019 0 96- * 96 ISSUE : 990008419 INCOME FUND II 9/4/97 B 50 17.064 0 845- * 845 ISSUE : 990008419 INCOME FUND II 9/9/97 S 1 17.07 0 22 * 22 0 ISSUE : 990008419 INCOME FUND II 9/19/97 B 53 17.105 0 901- * 901 ISSUE : 990008419 INCOME FUND II 9/26/97 B 30 17.124 0 514- * 514 ISSUE : 990008419 INCOME FUND II 10/1/97 B 74 17.139 0 1,272- * 1,272 ISSUE : 990008419 INCOME FUND II 10/9/97 S 49 17.16 0 836 * 827 9 ISSUE : 990008419 INCOME FUND II 10/16/97 B 22 17.18 0 372- * 372 ISSUE : 990008419 INCOME FUND II 11/3/97 B 72 17.224 0 1,238- * 1,238 ISSUE : 990008419 INCOME FUND II 11/6/97 B 19 17.238 0 335- * 335 ISSUE : 990008419 INCOME FUND II 11/13/97 B 28 17.257 0 476- * 476 ISSUE : 990008419 INCOME FUND II 11/17/97 B 28 17.263 0 477- * 477 ISSUE : 990008419 INCOME FUND II 12/1/97 B 96 17.302 0 1,661- * 1,661 ISSUE : 990008419 INCOME FUND II 12/15/97 B 9,339 17.341 0 161,946- * 161,946 ISSUE : 990008419 INCOME FUND II 12/17/97 B 214 17.352 0 3,713- * 3,713 ISSUE : 990008419 INCOME FUND II 12/22/97 B 23 17.36 0 398- * 398 ISSUE : 990008476 EQUITY INDEX I 2/4/97 B 3 21.783 0 65- * 65 ISSUE : 990008476 EQUITY INDEX I 3/3/97 B 18 21.926 0 395- * 395 ISSUE : 990008476 EQUITY INDEX I 3/6/97 B 1,223 22.242 0 27,212- * 27,212 ISSUE : 990008476 EQUITY INDEX I 3/7/97 B 1,576 22.159 0 34,917- * 34,917 ISSUE : 990008476 EQUITY INDEX I 3/17/97 B 21 22.016 0 472- * 472
- 23 - SCHEDULE G INFORMATION - PART V REPORTABLE TRANSACTIONS NAVISTAR RETIREMENT ACCUM. PLAN FROM 1/1/97 TO 12/31/97 ACCOUNT DMO184900
DATE SHARES/ UNIT EXPENSE PRINCIPAL COST REALIZED BOUGHT/SOLD PAR VALUE PRICE INCURRED CASH ADJUSTMENT GAIN/LOSS - ----------- --------- ----- -------- --------- ---------- --------- ISSUE : 990008476 EQUITY INDEX I 3/31/97 B 30 21.489 0 649- * 649 ISSUE : 990008476 EQUITY INDEX I 4/17/97 B 44 21.222 0 925- * 925 ISSUE : 990008476 EQUITY INDEX I 5/1/97 B 39 22.269 0 879- * 879 ISSUE : 990008476 EQUITY INDEX I 5/6/97 B 50 23.076 0 1,155- * 1,155 ISSUE : 990008476 EQUITY INDEX I 5/13/97 B 40 23.296 0 926- * 926 ISSUE : 990008476 EQUITY INDEX I 5/16/97 B 65 23.422 0 1,533- * 1,533 ISSUE : 990008476 EQUITY INDEX I 5/27/97 B 494 23.566 0 11,637- * 11,637 ISSUE : 990008476 EQUITY INDEX I 6/5/97 B 72 23.401 0 1,678- * 1,678 ISSUE : 990008476 EQUITY INDEX I 6/10/97 B 26 24.037 0 618- * 618 ISSUE : 990008476 EQUITY INDEX I 6/17/97 B 72 24.905 0 1,801- * 1,801 ISSUE : 990008476 EQUITY INDEX I 7/2/97 B 84 24.836 0 2,084- * 2,084 ISSUE : 990008476 EQUITY INDEX I 7/16/97 B 97 25.811 0 2,501- * 2,501 ISSUE : 990008476 EQUITY INDEX I 7/17/97 B 103 26.118 0 2,682- * 2,682 ISSUE : 990008476 EQUITY INDEX I 7/29/97 B 130 26.115 0 3,387- * 3,387 ISSUE : 990008476 EQUITY INDEX I 7/30/97 B 39 26.274 0 1,013- * 1,013 ISSUE : 990008476 EQUITY INDEX I 8/4/97 B 157 26.419 0 4,142- * 4,142 ISSUE : 990008476 EQUITY INDEX I 8/11/97 B 149 26.045 0 3,876- * 3,876 ISSUE : 990008476 EQUITY INDEX I 8/19/97 B 60 25.477 0 1,517- * 1,517 ISSUE : 990008476 EQUITY INDEX I 8/21/97 B 413 26.229 0 10,843- * 10,843 ISSUE : 990008476 EQUITY INDEX I 8/28/97 B 946 25.516 0 24,129- * 24,129 ISSUE : 990008476 EQUITY INDEX I 9/4/97 B 101 25.924 0 2,616- * 2,616 ISSUE : 990008476 EQUITY INDEX I 9/9/97 B 31 26.02 0 797- * 797
- 24 - SCHEDULE G INFORMATION - PART V REPORTABLE TRANSACTIONS NAVISTAR RETIREMENT ACCUM. PLAN FROM 1/1/97 TO 12/31/97 ACCOUNT DMO184900
DATE SHARES/ UNIT EXPENSE PRINCIPAL COST REALIZED BOUGHT/SOLD PAR VALUE PRICE INCURRED CASH ADJUSTMENT GAIN/LOSS - ----------- --------- ----- -------- --------- ---------- --------- ISSUE : 990008476 EQUITY INDEX I 9/19/97 B 150 26.49 0 3,960- * 3,960 ISSUE : 990008476 EQUITY INDEX I 9/26/97 B 24 26.222 0 642- * 642 ISSUE : 990008476 EQUITY INDEX I 9/29/97 B 31 26.432 0 825- * 825 ISSUE : 990008476 EQUITY INDEX I 10/1/97 B 118 26.49 0 3,115- * 3,115 ISSUE : 990008476 EQUITY INDEX I 10/2/97 S 2 26.715 0 61 * 55 6 ISSUE : 990008476 EQUITY INDEX I 10/9/97 B 338 27.249 0 9,203- * 9,203 ISSUE : 990008476 EQUITY INDEX I 10/13/97 B 7 27.062 0 177- * 177 ISSUE : 990008476 EQUITY INDEX I 10/16/97 B 108 27.028 0 2,909- * 2,909 ISSUE : 990008476 EQUITY INDEX I 11/3/97 B 154 25.617 0 3,944- * 3,944 ISSUE : 990008476 EQUITY INDEX I 11/5/97 B 786 26.349 0 20,722- * 20,722 ISSUE : 990008476 EQUITY INDEX I 11/6/97 B 8 26.411 0 224- * 224 ISSUE : 990008476 EQUITY INDEX I 11/10/97 S 8 25.993 0 207 * 194 13 ISSUE : 990008476 EQUITY INDEX I 11/13/97 B 133 25.404 0 3,373- * 3,373 ISSUE : 990008476 EQUITY INDEX I 11/17/97 B 156 26.029 0 4,061- * 4,061 ISSUE : 990008476 EQUITY INDEX I 11/18/97 B 11 26.531 0 305- * 305 ISSUE : 990008476 EQUITY INDEX I 11/19/97 B 6 26.312 0 151- * 151 ISSUE : 990008476 EQUITY INDEX I 11/25/97 B 3 26.55 0 73- * 73 ISSUE : 990008476 EQUITY INDEX I 12/1/97 B 176 26.807 0 4,713- * 4,713 ISSUE : 990008476 EQUITY INDEX I 12/2/97 B 128 27.349 0 3,489- * 3,489 ISSUE : 990008476 EQUITY INDEX I 12/3/97 S 50 27.264 0 1,353 * 1,217 136 ISSUE : 990008476 EQUITY INDEX I 12/10/97 S 60 27.377 0 1,636 * 1,465 171 ISSUE : 990008476 EQUITY INDEX I 12/15/97 B 353 26.757 0 9,456- * 9,456
- 25 - SCHEDULE G INFORMATION - PART V REPORTABLE TRANSACTIONS NAVISTAR RETIREMENT ACCUM. PLAN FROM 1/1/97 TO 12/31/97 ACCOUNT DMO184900
DATE SHARES/ UNIT EXPENSE PRINCIPAL COST REALIZED BOUGHT/SOLD PAR VALUE PRICE INCURRED CASH ADJUSTMENT GAIN/LOSS - ----------- --------- ----- -------- --------- ---------- --------- ISSUE : 990008476 EQUITY INDEX I 12/16/97 B 9 27.035 0 234- * 234 ISSUE : 990008476 EQUITY INDEX I 12/17/97 B 8 27.165 0 213- * 213 ISSUE : 990008476 EQUITY INDEX I 12/22/97 B 152 26.573 0 4,026- * 4,026 ISSUE : 990008476 EQUITY INDEX I 12/23/97 B 92 26.768 0 2,452- * 2,452 ISSUE : 990008476 EQUITY INDEX I 12/29/97 S 31 26.285 0 820 * 770 51 ISSUE : 990008773 NAVISTAR INTL STOCK POOLED ACCT 7/16/97 B 7 5.421 0 41- * 41 ISSUE : 990008773 NAVISTAR INTL STOCK POOLED ACCT 7/30/97 B 8,965 5.566 0 49,897- * 49,897 ISSUE : 990008773 NAVISTAR INTL STOCK POOLED ACCT 8/4/97 B 8 5.456 0 44- * 44 ISSUE : 990008773 NAVISTAR INTL STOCK POOLED ACCT 8/11/97 B 14,689 5.621 0 82,569- * 82,569 ISSUE : 990008773 NAVISTAR INTL STOCK POOLED ACCT 8/19/97 B 13 5.897 0 78- * 78 ISSUE : 990008773 NAVISTAR INTL STOCK POOLED ACCT 9/4/97 B 35 6.697 0 237- * 237 ISSUE : 990008773 NAVISTAR INTL STOCK POOLED ACCT 9/8/97 S 3,999 6.92 0 27,676 * 22,404 5,272 ISSUE : 990008773 NAVISTAR INTL STOCK POOLED ACCT 9/19/97 B 13 7.452 0 100- * 100 ISSUE : 990008773 NAVISTAR INTL STOCK POOLED ACCT 10/1/97 B 134 7.352 0 982- * 982 ISSUE : 990008773 NAVISTAR INTL STOCK POOLED ACCT 10/2/97 S 2 7.514 0 18 * 13 4 ISSUE : 990008773 NAVISTAR INTL STOCK POOLED ACCT 10/16/97 B 67 7.352 0 492- * 492 ISSUE : 990008773 NAVISTAR INTL STOCK POOLED ACCT 11/3/97 B 209 6.174 0 1,288- * 1,288 ISSUE : 990008773 NAVISTAR INTL STOCK POOLED ACCT 11/13/97 B 227 5.478 0 1,245- * 1,245 ISSUE : 990008773 NAVISTAR INTL STOCK POOLED ACCT 11/17/97 B 124 5.636 0 701- * 701 ISSUE : 990008773 NAVISTAR INTL STOCK POOLED ACCT 11/19/97 B 7 5.859 0 43- * 43 ISSUE : 990008773 NAVISTAR INTL STOCK POOLED ACCT 11/25/97 B 9 5.617 0 49- * 49 ISSUE : 990008773 NAVISTAR INTL STOCK POOLED ACCT 12/1/97 B 316 5.86 0 1,851- * 1,851
- 26 - SCHEDULE G INFORMATION - PART V REPORTABLE TRANSACTIONS NAVISTAR RETIREMENT ACCUM. PLAN FROM 1/1/97 TO 12/31/97 ACCOUNT DMO184900
DATE SHARES/ UNIT EXPENSE PRINCIPAL COST REALIZED BOUGHT/SOLD PAR VALUE PRICE INCURRED CASH ADJUSTMENT GAIN/LOSS - ----------- --------- ----- -------- --------- ---------- --------- ISSUE : 990008773 NAVISTAR INTL STOCK POOLED ACCT 12/3/97 B 517 6.474 0 3,346- * 3,346 ISSUE : 990008773 NAVISTAR INTL STOCK POOLED ACCT 12/17/97 B 119 6.257 0 743- * 743 ISSUE : 990008773 NAVISTAR INTL STOCK POOLED ACCT 12/22/97 B 119 6.209 0 741- * 741 ISSUE : 990008773 NAVISTAR INTL STOCK POOLED ACCT 12/23/97 B 65 6.427 0 420- * 420 ISSUE : 994690AA3 FRANK RUSSEL AGGRESSIVE BALANCED FD 2/3/97 B 15,038 10.709 0 161,046- * 161,046 ISSUE : 994690AA3 FRANK RUSSEL AGGRESSIVE BALANCED FD 3/3/97 B 290 10.717 0 3,108- * 3,108 ISSUE : 994690AA3 FRANK RUSSEL AGGRESSIVE BALANCED FD 3/17/97 B 182 10.76 0 1,953- * 1,953 ISSUE : 994690AA3 FRANK RUSSEL AGGRESSIVE BALANCED FD 3/31/97 B 159 10.57 0 1,684- * 1,684 ISSUE : 994690AA3 FRANK RUSSEL AGGRESSIVE BALANCED FD 6/5/97 B 13 11.421 0 149- * 149 ISSUE : 994690AA3 FRANK RUSSEL AGGRESSIVE BALANCED FD 7/2/97 B 860 11.955 0 10,276- * 10,276 ISSUE : 994690AA3 FRANK RUSSEL AGGRESSIVE BALANCED FD 7/3/97 S 43 12.062 0 515 * 460 55 ISSUE : 994690AA3 FRANK RUSSEL AGGRESSIVE BALANCED FD 7/29/97 B 184 12.461 0 2,291- * 2,291 ISSUE : 994690AA3 FRANK RUSSEL AGGRESSIVE BALANCED FD 10/1/97 B 1,458 12.852 0 18,744- * 18,744 ISSUE : 994690AA3 FRANK RUSSEL AGGRESSIVE BALANCED FD 10/10/97 S 34 13.056 0 440 * 369 71 ISSUE : 994690AA3 FRANK RUSSEL AGGRESSIVE BALANCED FD 12/1/97 B 18 12.514 0 227- * 227 ISSUE : 994690AA3 FRANK RUSSEL AGGRESSIVE BALANCED FD 12/4/97 S 25 12.709 0 321 * 277 44 ISSUE : 995900420 PARTICIPANT PROMISSORY NOTE 5/1/97 S 62 1 0 62 * 62 0 ISSUE : 995900420 PARTICIPANT PROMISSORY NOTE 6/5/97 S 62 1 0 62 * 62 0 ISSUE : 995900420 PARTICIPANT PROMISSORY NOTE 7/2/97 S 63 1 0 63 * 63 0 ISSUE : 995900420 PARTICIPANT PROMISSORY NOTE 8/4/97 S 63 1 0 63 * 63 0 ISSUE : 995900420 PARTICIPANT PROMISSORY NOTE 8/12/97 B 23,750 1 0 23,750- * 23,750 ISSUE : 995900420 PARTICIPANT PROMISSORY NOTE 9/4/97 S 64 1 0 64 * 64 0
- 27 - SCHEDULE G INFORMATION - PART V REPORTABLE TRANSACTIONS NAVISTAR RETIREMENT ACCUM. PLAN FROM 1/1/97 TO 12/31/97 ACCOUNT DMO184900
DATE SHARES/ UNIT EXPENSE PRINCIPAL COST REALIZED BOUGHT/SOLD PAR VALUE PRICE INCURRED CASH ADJUSTMENT GAIN/LOSS - ----------- --------- ----- -------- --------- ---------- --------- ISSUE : 995900420 PARTICIPANT PROMISSORY NOTE 9/5/97 S 60 1 0 60 * 60 0 ISSUE : 995900420 PARTICIPANT PROMISSORY NOTE 9/8/97 B 27,676 1 0 27,676- * 27,676 ISSUE : 995900420 PARTICIPANT PROMISSORY NOTE 9/19/97 S 60 1 0 60 * 60 0 ISSUE : 995900420 PARTICIPANT PROMISSORY NOTE 10/1/97 S 305 1 0 305 * 305 0 ISSUE : 995900420 PARTICIPANT PROMISSORY NOTE 10/16/97 S 242 1 0 242 * 242 0 ISSUE : 995900420 PARTICIPANT PROMISSORY NOTE 11/3/97 S 307 1 0 307 * 307 0 ISSUE : 995900420 PARTICIPANT PROMISSORY NOTE 11/17/97 S 243 1 0 243 * 243 0 ISSUE : 995900420 PARTICIPANT PROMISSORY NOTE 12/1/97 S 309 1 0 309 * 309 0 ISSUE : 995900420 PARTICIPANT PROMISSORY NOTE 12/17/97 B 2,500 1 0 2,500- * 2,500 ISSUE : 995900420 PARTICIPANT PROMISSORY NOTE 12/22/97 S 31 1 0 31 * 31 0 ISSUE : 995900420 PARTICIPANT PROMISSORY NOTE 12/22/97 S 215 1 0 215 * 215 0 GRAND TOTAL 0 1,559,168 1,550,375 8,793
- 28 -
Schedule of Reportable Transactions Number Number Description of of Net (1) Identity of Issue of Asset Purchases Sales Purchases Sales Gain ----------------- ------------ --------- ------ --------- ------- ------ Series of Transactions With Same Broker Exceeding 5% Of Value: * Navistar Pooled Stock Master Trust Fund Company Stock 19 $144,867 * Navistar Pooled Stock Master Trust Fund Company Stock 2 $27,694 $5,276 Series of Transactions In Same Security Exceeding 5% Of Value: IDS New Dimensions Fund (Y) Mutual Fund 52 $403,604 IDS New Dimensions Fund (Y) Mutual Fund 10 $35,948 $2,462 IDS Selective Fund (Y) Mutual Fund 55 71,467 IDS Selective Fund (Y) Mutual Fund 6 2,385 23 Templeton Foreign Fund Specialty Growth Mutual Fund 46 160,316 Templeton Foreign Fund Specialty Growth Mutual Fund 6 13,349 476 American Express Trust Collective Income Fund II Collective Investment Fund 32 215,121 American Express Trust Collective Income Fund II Collective Investment Fund 2 858 9 American Express Trust Equity Index Fund Collective Investment Fund 49 222,716 American Express Trust Equity Index Fund Collective Investment Fund 5 4,077 377 * Navistar Pooled Stock Master Trust Fund Company Stock 19 144,867 * Navistar Pooled Stock Master Trust Fund Company Stock 2 27,694 5,276 Frank Russell Aggressive Balanced Fund Specialty Aggressive 9 199,478 Growth Fund Frank Russell Aggressive Balanced Fund Specialty Aggressive Growth Fund 4 1,276 170 (1) An asterisk indicates a party-in-interest
- 29 - EX-23 2 EXHIBIT 23 INDEPENDENT AUDITORS' CONSENT We consent to the incorporation by reference in Registration Statements, No. 2-70979, No. 33-26847 and No. 333-25783 of Navistar International Corporation on Form S-8 of our report dated May 22, 1998 appearing in the Annual Report on Form 11-K of the Navistar Retirement Accumulation Plan for the year ended December 31, 1997. DELOITTE & TOUCHE LLP June 26, 1998 Chicago, Illinois -----END PRIVACY-ENHANCED MESSAGE-----