Securities and exchange commission


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Chairman of the Board, President

and Chief Executive Officer

Pursuant to the requirements of the Securities Exchange Act of 1934, this

Report has been signed below by the following persons on behalf of the

Registrant and in the capacities and on the dates indicated.

Name Title Date

---- ----- ----

/s/ John J. Dooner, Jr. Chairman of the Board, March 29, 2001

------------------------- President and Chief

John J. Dooner, Jr. Executive Officer (Principal

Executive Officer)

/s/ Sean F. Orr Executive Vice President, March 29, 2001

------------------------- Chief Financial Officer

Sean F. Orr (Principal Financial

Officer) and Director

/s/ Frank J. Borelli Director March 29,2001

-------------------------

Frank J. Borelli

/s/ Reginald K. Brack Director March 29, 2001

-------------------------

Reginald K. Brack

/s/ Jill M. Considine Director March 29, 2001

-------------------------

Jill M. Considine
/s/ James R. Heekin Director March 29, 2001

-------------------------

James R. Heekin

/s/ Frank B. Lowe Director March 29, 2001

-------------------------

Frank B. Lowe

/s/ Michael A. Miles Director March 29, 2001

-------------------------

Michael A. Miles

/s/ Frederick Molz Vice President and March 29, 2001

------------------------- Controller (Principal

Frederick Molz Accounting Officer)

/s/ Leif H. Olsen Director March 29, 2001

-------------------------

Leif H. Olsen

/s/ J. Phillip Samper Director March 29, 2001

-------------------------

J. Phillip Samper

By: /s/ Nicholas J. Camera

----------------------

Nicholas J. Camera


F-1
INDEX TO FINANCIAL STATEMENTS

The Financial Statements appearing under the headings: Financial Highlights,

Report of Management; Management's Discussion and Analysis of Financial

Condition and Results of Operations, Consolidated Financial Statements, Notes to

Consolidated Financial Statements, Report of Independent Accountants, Selected

Financial Data for Five Years and Results by Quarter (Unaudited), accompanying

the Annual Report to Stockholders for the year ended December 31, 2000, together

with the report thereon of PricewaterhouseCoopers LLP dated February 26, 2001

are incorporated by reference in this report on Form 10-K. With the exception of

the aforementioned information and the information incorporated in Items 5, 6

and 7, no other data appearing in the Annual Report to Stockholders for the year

ended December 31, 2000 is deemed to be filed as part of this report on Form

10-K.
The following financial statement schedule should be read in conjunction with

the financial statements in such Annual Report to Stockholders for the year

ended December 31, 2000. Financial statement schedules not included in this

report on Form 10-K have been omitted because they are not applicable or the

required information is shown in the financial statements or the notes thereto.
Separate financial statements for the companies which are 50% or less owned and

accounted for by the equity method have been omitted because, considered in the

aggregate as a single subsidiary, they do not constitute a significant

subsidiary.

INDEX TO FINANCIAL STATEMENT SCHEDULE
Page

Report of Independent Accountants on

Financial Statement Schedule F-2
Financial Statement Schedule Required to be filed by

Item 8 of this form:
II Valuation and Qualifying Accounts F-3

F-2
Report of Independent Accountants on

Financial Statement Schedule
To the Board of Directors and Stockholders of

The Interpublic Group of Companies, Inc.
Our audits of the consolidated financial statements referred to in our report

dated February 26, 2001, except for Note 15 which is as of March 19, 2001,

appearing in the 2000 Annual Report to Stockholders of The Interpublic Group of

Companies, Inc. (which report and consolidated financial statements are

incorporated by reference in this Annual Report on Form 10-K) also included an

audit of the financial statement schedule listed in Item 14(a)(2) of this Form

10-K. In our opinion, this financial statement schedule presents fairly, in all

material respects, the information set forth therein when read in conjunction

with the related consolidated financial statements.

PRICEWATERHOUSECOOPERS LLP

--------------------------

New York, New York

February 26, 2001


F-3
SCHEDULE II
THE INTERPUBLIC GROUP OF COMPANIES, INC. AND ITS SUBSIDIARIES

VALUATION AND QUALIFYING ACCOUNTS
For the Years Ended December 31, 2000, 1999 and 1998
================================================================================
(Dollars in thousands)
COLUMN A COLUMN B COLUMN C COLUMN D COLUMN E COLUMN F

--------------------------------------------------------------------------------
Additions/(Deductions)

----------------------
Charged

Balance at Charged to to Other Balance

Beginning Costs & Accounts- Deductions- at End

Description of Period Expenses Describe Describe of Period

--------------------------------------------------------------------------------
Allowance for Doubtful Accounts - deducted from Receivables in the Consolidated

Balance Sheet:
2000 $60,565 $24,125 $3,630(1) $(18,717)(3) $64,923

1,503(5) (4,792)(4)

(1,391)(2)

1999 $54,060 $24,013 $5,148(1) $(23,765)(3) $60,565

2,934(5) (1,215)(2)

(610)(4)
1998 $44,581 $20,421 $6,699(1) $(17,038)(3) $54,060

2,111(5) (3,310)(4)

596(2)
-------------------

[FN]
(1) Allowance for doubtful accounts of acquired and newly consolidated

companies.

(2) Foreign currency translation adjustment.

(3) Principally amounts written off.

(4) Reversal of previously recorded allowances on accounts receivable.

(5) Miscellaneous.

INDEX TO DOCUMENTS

------------------


Exhibit No. Description

----------- -----------
3 (i) The Restated Certificate of Incorporation of the Registrant, as

amended is incorporated by reference to its Report on Form 10-Q

for the quarter ended June 30, 1999. See Commission file number

1-6686.
(ii) The By-Laws of the Registrant, amended as of February 19, 1991,

are incorporated by reference to its Report on Form 10-K for the

year ended December 31, 1990. See Commission file number 1-6686.
4 Instruments Defining the Rights of Security Holders.
(i) Indenture, dated as of September 16, 1997 between Interpublic

and The Bank of New York is incorporated by reference to the

Registrant's Report on Form 10-Q for the quarter ended September

30, 1998. See Commission file number 1-6686.
(ii) The Preferred Share Purchase Rights Plan as adopted on July 18,

1989 is incorporated by reference to Registrant's Registration

Statement on Form 8-A dated August 1, 1989 (No. 00017904) and,

as amended, by reference to Registrant's Registration Statement

on Form 8 dated October 3, 1989 (No. 00106686).
10 Material Contracts.
(a) Purchase Agreement, dated September 10, 1997, among The

Interpublic Group of Companies, Inc. ("Interpublic"), Morgan

Stanley & Co., Incorporated, Goldman Sachs and Co. and SBC

Warburg Dillon Read Inc. is incorporated by reference to the

Registrant's Report on Form 10-Q for the quarter ended September

30, 1999. See Commission file number 1-6686.
(b) Employment, Consultancy and other Compensatory Arrangements with

Management.
Employment and Consultancy Agreements and any amendments or

supplements thereto and other compensatory arrangements filed

with the Registrant's Reports on Form 10-K for the years ended

December 31, 1980 through December 31, 1998 inclusive, or filed

with the Registrant's Reports on Form 10-Q for the periods ended

March 31, 2000, June 30, 2000 and September 30, 2000 are

incorporated by reference in this Report on Form 10-K. See

Commission file number 1-6686. Listed below are agreements or

amendments to agreements between the Registrant and its

executive officers which remain in effect on and after the date

hereof or were executed during the year ended December 31, 2000

and thereafter, unless previously submitted, which are filed as

exhibits to this Report on Form 10-K.
(i) James R. Heekin

---------------

(a) Employment Agreement dated as of October 25, 1993

between Interpublic and James R. Heekin.
(b) Executive Special Benefit Agreement dated as of

January 1, 1994 between Interpublic and James R.

Heekin.
(c) Executive Severance Agreement dated as of January 1,

1998 between Interpublic and James R. Heekin.
(d) Employment Agreement dated as of January 1, 1998

between Interpublic and James R. Heekin.
(e) Executive Special Benefit Agreement dated as of

February 1, 1998 between Interpublic and James R.

Heekin.
(f) Supplemental Agreement to an Employment Agreement

dated as of March 28, 2000 between Interpublic and

James R. Heekin.
(g) Supplemental Agreement to an Executive Severance

Agreement dated as of June 1, 2000 between

Interpublic and James R. Heekin.
(h) Executive Special Benefit Agreement dated as of

January 1, 2000 between Interpublic and James R.

Heekin.
(ii) Barry R. Linsky

---------------
(a) Supplemental Agreement to an Executive Special

Benefit Agreement dated as of June 30, 2000 between

Interpublic and Barry R. Linsky.
(b) Executive Special Benefit-Income Replacement

Agreement dated as of June 1, 2000 between

Interpublic and Barry R. Linsky.
(c) Supplemental Agreement dated as of March 26, 2001

between Interpublic and Barry R. Linsky.
(iii) C. Kent Kroeber

---------------
(a) Supplemental Agreement to an Executive Special

Benefit Agreement dated as of June 30, 2000 between

Interpublic and C. Kent Kroeber.
(b) Executive Special Benefit-Income Replacement

Agreement dated as of June 1, 2000 between

Interpublic and C. Kent Kroeber.


(iv) Thomas J. Volpe

---------------
(a) Supplemental Agreement to an Executive Special

Benefit Agreement dated as of June 30, 2000 between

Interpublic and Thomas J. Volpe.
(b) Supplemental Agreement to an Executive Special

Benefit-Income Replacement Agreement dated as of

June 30, 2000 between Interpublic and Thomas J.

Volpe.
(c) Executive Special Benefit Agreement dated as of

March 21, 2000 between Interpublic and Thomas J.

Volpe.
(d) Executive Special Benefit-Income Replacement

Agreement dated as of June 1, 2000 between

Interpublic and Thomas J. Volpe.
(v) Bruce Nelson

------------
(a) Employment Agreement dated as of September 5, 2000

between Interpublic and Bruce Nelson.
(b) Executive Special Benefit Agreement dated as of

September 1, 2000 between Interpublic and Bruce

Nelson.
(c) Supplemental Agreement dated as of September 1, 2000

to an Executive Special Benefit Agreement dated as

of January 1, 1986 between Interpublic and Bruce

Nelson.

(vi) Frank B. Lowe

-------------
(a) Employment Agreement dated as of January 1, 2001

between Interpublic and Frank B. Lowe.
(b) Supplemental Agreement to an Employment Agreement

dated as of January 2, 2001 between Interpublic and

Frank B. Lowe.
(c) Executive Special Benefit Agreement dated as of

January 15, 2001 between Interpublic and Frank B.

Lowe.
(c) Executive Compensation Plans.
(i) Trust Agreement, dated as of June 1, 1990 between

Interpublic, Lintas Campbell-Ewald Company,

McCann-Erickson USA, Inc., McCann-Erickson Marketing,

Inc., Lintas, Inc. and Chemical Bank, as Trustee, is

incorporated by reference to Registrant's Annual Report

on Form 10-K for the year ended December 31, 1990. See

Commission file number 1-6686.
(ii) The Stock Option Plan (1988) and the Achievement Stock

Award Plan of the Registrant are incorporated by

reference to Appendices C and D of the Prospectus dated

May 4, 1989 forming part of its Registration Statement

on Form S-8 (No. 33-28143).
(iii) The Management Incentive Compensation Plan of the

Registrant is incorporated by reference to the

Registrant's Report on Form 10-Q for the quarter ended

June 30, 1995. See Commission file number 1-6686.
(iv) The 1986 Stock Incentive Plan of the Registrant is

incorporated by reference to Registrant's Annual Report

on Form 10-K for the year ended December 31, 1993. See

Commission file number 1-6686.
(v) The 1986 United Kingdom Stock Option Plan of the

Registrant is incorporated by reference to Registrant's

Annual Report on Form 10-K for the year ended December

31, 1992. See Commission file number 1-6686.
(vi) The Employee Stock Purchase Plan (1985) of the

Registrant, as amended, is incorporated by reference to

Registrant's Annual Report on Form 10-K for the year

ended December 31, 1993. See Commission file number

1-6686.
(vii) The Long-Term Performance Incentive Plan of the

Registrant is incorporated by reference to Appendix A of

the Prospectus dated December 12, 1988 forming part of

its Registration Statement on Form S-8 (No. 33-25555).
(viii) Resolution of the Board of Directors adopted on February

16, 1993, amending the Long-Term Performance Incentive

Plan is incorporated by reference to Registrant's Annual

Report on Form 10-K for the year ended December 31,

1992. See Commission file number 1-6686.
(ix) Resolution of the Board of Directors adopted on May 16,

1989 amending the Long-Term Performance Incentive Plan

is incorporated by reference to Registrant's Report on

Form 10-K for the year ended December 31, 1989. See

Commission file number 1-6686.
(x) The 1996 Stock Incentive Plan of the Registrant is

incorporated by reference to the Registrant's Report on

Form 10-Q for the quarter ended June 30, 1996. See

Commission file number 1-6686.
(xi) The 1997 Performance Incentive Plan of the Registrant is

incorporated by reference to the Registrant's Report on

Form 10-Q for the quarter ended June 30, 1997. See

Commission file number 1-6686.
(d) Loan Agreements.
(i) Other Loan and Guaranty Agreements filed with the
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