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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 11-K
ANNUAL REPORT
[X] Annual Report Pursuant to Section15(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
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Commission File Number
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a. Full title of the Plan:
NORTH AMERICAN VAN LINES, INC.
EMPLOYEE SAVINGS PLAN AND TRUST
P.O. Box 988
Fort Wayne, IN 46801
b. Name of issuer of the securities held pursuant to the Plan and
the address of its principal executive office:
NORFOLK SOUTHERN CORPORATION
Three Commercial Place
Norfolk, VA 23510
PEPSICO, INC.
700 Anderson Hill Road
Purchase, NY 10577
VANGUARD INDEX TRUST
Vanguard Financial Center
Valley Forge, PA 19482
FIDELITY DAILY INCOME TRUST
Fidelity Distributors Corporation
The Fidelity Building
82 Devonshire Street
Boston, MA 02109
GUARANTEED INCOME FUND
The Massachusetts Mutual Life Insurance Company
1295 State Street
Springfield, MA 01111
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Pursuant to the requirement of the Securities Exchange Act of 1934,
the Plan Administrator has duly caused this annual report to be signed
on its behalf by the undersigned thereunto duly authorized.
NORTH AMERICAN VAN LINES, INC.
Employee Savings Plan and Trust
Date: March 24, 1994 By: /s/ John Bowman
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John Bowman
Vice President-Human Resources
North American Van Lines, Inc.
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NORTH AMERICAN VAN LINES, INC.
EMPLOYEE SAVINGS PLAN AND TRUST
ANNUAL REPORT
December 31, 1993 and 1992
BOARD OF DIRECTORS
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David R. Goode, Chairman
John R. Turbyfill
R. Alan Brogan
OFFICERS
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Gerald A. Burns, Secretary
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NORTH AMERICAN VAN LINES, INC.
EMPLOYEE SAVINGS PLAN AND TRUST
TABLE OF CONTENTS
Electronic
Submission
Portion of Form 11-K hereby filed electronically: Page Number
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Facing sheet - Form 11-K 1
Facing sheet Signature Page - Form 11-K 2
Cover page of Annual Report 3
Table of Contents of Annual Report 4
Independent Auditors' Report 5
Exhibit Index 6
Exhibit 1 - Consent of Independent Auditors 7
Portion of Form 11-K filed under the cover of Form SE on March 28, 1994:
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Page
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Statements of Net Assets Available for Benefits 4
Statements of Changes in Net Assets Available for Benefits 5
Notes to Financial Statements 6
Schedule
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Assets Held for Investment Purposes at December 31, 1993 1
Schedule of Assets Acquired and Disposed of During the Year 2
Nonexempt Transactions 3
Loans or Fixed Income Obligations 4
Leases in Default or Classified as Uncollectable 5
Reportable Transactions 6
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Independent Auditors' Report
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The Plan Administrator
North American Van Lines, Inc.
Employee Savings Plan and Trust:
We have audited the accompanying statements of net assets available
for benefits of North American Van Lines, Inc. Employee Savings Plan
and Trust as of December 31, 1993 and 1992, and the related statements
of changes in net assets available for benefits for the years then
ended. 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
benefits of North American Van Lines, Inc. Employee Savings Plan and
Trust as of December 31, 1993 and 1992, and the changes in net assets
available for benefits for the years then ended, 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 supplementary
information included in Schedules 1 through 6 is presented for
purposes of additional analysis and is not a required part of the
basic financial statements, but is 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.
Such information has been subjected to the auditing procedures applied
in the audits of the basic financial statements and, in our opinion,
is fairly stated in all material respects in relation to the basic
financial statements taken as a whole.
/s/ KPMG Peat Marwick
Chicago, Illinois
March 18, 1994
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INDEX OF EXHIBITS
Electronic
Submission
Exhibit
Number Description Page Number
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1 Consent of Independent Auditors 7
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EXHIBIT 1
Consent of Independent Auditors
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The Board of Directors
Norfolk Southern Corporation:
The Plan Administrator
North American Van Lines, Inc.
Employee Savings Plan and Trust:
We consent to incorporation by reference in registration statement No.
33-556 on Form S-8 of Norfolk Southern Corporation of our report dated
March 18, 1994, relating to the statements of net assets available for
the plan benefits of North American Van Lines, Inc. Employee Savings
Plan and Trust as of December 31, 1993 and 1992, and the related
statements of changes in net assets available for plan benefits for
the years then ended, and the related financial statement schedules,
which report appears in the December 31, 1993 annual report on
Form 11-K of North American Van Lines, Inc. Employee Savings Plan and Trust.
/s/ KPMG Peat Marwick
Chicago, Illinois
March 25, 1994