UNITED
STATES
SECURITIES
AND
EXCHANGE COMMISSION
Washington,
D. C.
20549
FORM
11-K
ANNUAL
REPORT
PURSUANT TO SECTION 15(d)
OF
THE SECURITIES
EXCHANGE ACT OF 1934
For
the Fiscal Year
Ended December 31, 2004
Commission
File
Number 1-15401
ENERGIZER HOLDINGS, INC.
SAVINGS
INVESTMENT
PLAN
ENERGIZER
HOLDINGS,
INC.
533
Maryville
University Drive
St.
Louis, Missouri
63141
(314)
985-2000
ENERGIZER
HOLDINGS, INC.
SAVINGS
INVESTMENT PLAN
INDEX
TO
FINANCIAL STATEMENTS
AND
ADDITIONAL INFORMATION
|
Page(s)
|
|
|
1
|
|
|
2
|
|
|
3
|
|
|
4-10
|
|
|
Attachment
I
|
|
|
Attachment
II
|
|
Other
schedules
required by 29 CFR 2520.103-10 of the Department of Labor’s Rules and
Regulations for Reporting and Disclosure under ERISA have been omitted because
they are not applicable.
To the
Participants
and Administrator of
The
Energizer
Holdings, Inc. Savings Investment Plan
In
our opinion, the accompanying Statement of Net Assets Available for Plan
Benefits and the related Statement of Changes in Net Assets Available for
Plan
Benefits present fairly, in all material respects, the net assets available
for
benefits of the Energizer Holdings, Inc. Savings Investment Plan (the
“Plan”)
at December
31,
2004 and
2003 , and the
changes in net assets available for benefits for the years then ended in
conformity with accounting principles generally accepted in the United
States of
America. 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 of these statements
in
accordance with the standards of the Public Company Accounting Oversight
Board
(United States). 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, assessing
the accounting principles used and significant estimates made by management,
and
evaluating the overall financial statement presentation. We believe that
our
audits provide a reasonable basis for our opinion.
Our
audits were
conducted for the purpose of forming an opinion on the basic financial
statements taken as a whole. The supplemental schedules of Assets (Held
at End
of Year) and Reportable Transactions are presented for the purpose of additional
analysis and are not a required part of the basic financial statements
but are
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. These supplemental schedules are the responsibility
of the
Plan's management. The supplemental schedules 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.
PricewaterhouseCoopers
LLP
St.
Louis,
Missouri
June
24,
2005
|
STATEMENT
OF NET ASSETS AVAILABLE FOR PLAN BENEFITS
|
|||||||||
|
DECEMBER
31,
|
|||||||||
|
(Dollars
in Thousands)
|
|||||||||
|
2004
|
2003
|
||||||||
|
Assets
|
|||||||||
|
Investments,
at fair value (Note 2)
|
|||||||||
|
Vanguard
PRIMECAP Fund Investor Shares
|
$
|
17,368
|
$
|
12,443
|
|||||
|
Shares
in registered investment companies
|
83,553
|
65,023
|
|||||||
|
Vanguard
Index Trust - 500 Portfolio
|
72,468
|
* |
68,898
|
*
|
|||||
|
Vanguard
Money Market Reserve Fund - Federal Portfolio
|
22,271
|
21,843
|
|||||||
|
Vanguard
Wellington Fund Investor Shares
|
41,113
|
* |
35,579
|
* | |||||
|
Vanguard
Windsor II Fund Investor Shares
|
40,326
|
* |
32,503
|
* | |||||
|
Vanguard
Retirement Savings Trust
|
98,024
|
*
|
-
|
||||||
|
Vanguard
Trust Fund - Investment Contract
|
-
|
96,798
|
* | ||||||
|
Common
stock - Energizer Holdings, Inc. Stock (Note 5)
|
115,157
|
* |
89,864
|
* | |||||
|
Common
stock - Pfizer, Inc. Stock
|
18,114
|
41,861
|
* | ||||||
|
Loans
to participants
|
9,375
|
9,599
|
|||||||
|
Total
Investments
|
517,769
|
474,411
|
|||||||
|
Insurance
company contracts, at contract value (Note
2)
|
-
|
932
|
|||||||
|
Receivables
|
|||||||||
|
Employer
contributions
|
223
|
167
|
|||||||
|
Participant
contributions
|
798
|
646
|
|||||||
|
Total
Receivables
|
1,021
|
813
|
|||||||
|
Total
Assets
|
$
|
518,790
|
$
|
476,156
|
|||||
|
Liabilities
|
|||||||||
|
Accrued
administrative expenses
|
46
|
46
|
|||||||
|
Total
Liabilities
|
$
|
46
|
$
|
46
|
|||||
|
Net
Assets Available for Plan Benefits
|
$
|
518,744
|
$
|
476,110
|
|||||
|
See
Notes to
Financial Statements
|
|||||||||
|
*
Investment
represents 5% or more of Plan's net assets.
|
|||||||||
|
STATEMENT OF CHANGES IN NET ASSETS
AVAILABLE FOR PLAN BENEFITS
|
|||||||
|
(Dollars in
Thousands)
|
|||||||
|
|
Year
Ended
|
Year
Ended
|
|||||
|
|
December
31, 2004
|
December
31, 2003
|
|||||
|
Additions
To Net Assets Attributed To:
|
|||||||
|
Interest
income
|
$
|
1,526
|
$
|
4,516
|
|||
|
Dividend
income
|
9,764
|
4,451
|
|||||
|
Net
appreciation in the fair value of investments
|
44,883
|
69,065
|
|||||
|
56,173
|
78,032
|
||||||
|
Contributions
|
|||||||
|
Employer
|
5,305
|
5,177
|
|||||
|
Participant
|
19,054
|
16,947
|
|||||
|
24,359
|
22,124
|
||||||
|
Total
Additions
|
80,532
|
100,156
|
|||||
|
Deductions
From Net Assets Attributed To:
|
|||||||
|
Benefits
paid
|
38,063
|
21,518
|
|||||
|
Administrative
expenses
|
31
|
49
|
|||||
|
Total
Deductions
|
38,094
|
21,567
|
|||||
|
Net
Increase
|
42,438
|
78,589
|
|||||
|
Transfer
from
Schick-Wilkinson Sword Savings Investment Plan (Note 1)
|
-
|
62,286
|
|||||
|
Asset
transfers in
|
196
|
-
|
|||||
|
Net
Assets Available for Plan Benefits
|
|||||||
|
Beginning
of
year
|
476,110
|
335,235
|
|||||
|
End
of
year
|
$
|
518,744
|
$
|
476,110
|
|||
|
See
Notes to
Financial Statements
|
|||||||
SAVINGS
INVESTMENT PLAN
NOTES
TO
FINANCIAL STATEMENTS
DECEMBER
31, 2004
NOTE
1 -
Description of the Plan
On
March 28, 2003, Energizer Holdings, Inc. (the Company) acquired the worldwide
Schick-Wilkinson Sword (SWS) business from Pfizer, Inc. In conjunction
with the acquisition, the net assets available to plan participants associated
with SWS employees were transferred from the Pfizer Savings Plan to the
Energizer Savings Investment Plan (the Plan) and these individuals are no
longer
participants in the Pfizer Savings Plan.
For
the period of
March 29, 2003 through December 31, 2003, the provisions of the Pfizer, Inc.
Savings Plan were cloned within the Plan. Those cloned terms applied to SWS
employees for that specific period. Effective January 1, 2004, those cloned
terms were no longer applicable and the SWS employees became covered by the
standard Plan terms. The Plan was amended to incorporate the terms of the
Pfizer, Inc. Savings Plan for March 29, 2003 through December 31, 2003. This
amendment automatically expired on December 31, 2003.
The
following is a
summary description of the Plan and provides only general information.
Participants should refer to the Plan document for a more complete description
of the Plan’s provisions.
General
- The Plan is a defined-contribution plan, established for the purpose of
enabling employees to enhance their long-range financial security through
regular savings with the benefit of Company matching contributions.
The
Plan is subject
to certain provisions of the Employee Retirement Income Security Act of 1974,
as
amended (ERISA). However, benefits under the Plan are not eligible for plan
termination insurance provided by the Pension Benefit Guaranty Corporation
under
Title IV of ERISA. It is the Company’s intent that the Plan meets the
requirements of Section 404(c) of ERISA. Section 404(c) relieves plan
fiduciaries of liability for losses that are the direct and necessary result
of
the participant’s exercise of control over assets in the participant’s savings
plan account.
Plan
Participation - Participation in the Plan is open to substantially all
regular full and part-time domestic employees of the Company and its designated
subsidiaries, including certain internationally assigned employees who are
subject to the U. S. Federal Insurance Contributions Act tax. Employees are
eligible to participate as of the first day of employment and may contribute
to
the Plan upon enrollment.
Contributions
- Participants can contribute from 1% to 50% of their compensation as defined
by
the Plan in 1% increments on a before-tax basis, subject to Internal Revenue
Service (IRS) limits. Before-tax contributions not exceeding 6% of the
participant’s compensation are matched 50% by the Company.
After-tax
contributions not exceeding 1% of the participant’s compensation are matched
325% by the Company. This match is separately credited to a participant’s
PensionPlus Match Account in the Energizer Holdings, Inc. Retirement Plan,
the
Company’s non-contributory defined benefit pension plan covering substantially
all domestic employees. Participants may also contribute an additional 1%
to 21%
of their compensation on an after-tax basis that is not matched by the Company,
subject to IRS and Plan limits. Therefore, participants may contribute a
total
of 1% to 22% of compensation on an after-tax basis.
Combined
before-tax
and after-tax participant contributions may not exceed 72% of compensation,
as
limited by federal income tax laws and Plan terms. The total of before-tax,
after-tax and Company matching contributions allocated to participants’ accounts
is limited to the lesser of $41,000 or 100% of the participants’ compensation as
defined by the Plan for the calendar year.
Investment
Options - All participant contributions are invested at the
participant’s direction in the investment funds offered by the Plan and selected
by the participant. The 50% Company match on the participant’s first 6% of
before-tax contributions is directed to the Energizer ESOP Common Stock
Fund
(ENR Stock Fund). The Company match may not be transferred to any other
investment funds, except as provided by the diversification provision
of the
Plan applicable to participants who have attained age 55 and completed
ten years
of Plan participation. If these requirements are met, up to 50% of the
Company
match may be diversified per year. A participant’s contributions invested in the
ENR Stock Fund are fully diversifiable into other funds within the Plan,
with
the exception of Pfizer, Inc., stock. Participants may also transfer
amounts
from other investment funds into the ENR Stock Fund. This changed in
2005 as
discussed in Note 5.
For
SWS
participants who received Pfizer stock prior to the acquisition by Energizer
as
part of the Pfizer Company match under the Pfizer Savings Plan, diversification
provisions applicable to these funds are different than the diversification
provisions applicable to the Energizer Company match. The Pfizer Company
match
and all other Pfizer stock must be transferred to other investment funds
by
March 28, 2005.
For
SWS
participants that invested in Pfizer stock as part of the Pfizer Savings
Plan,
participants may exchange out of the Pfizer Stock Fund into other funds offered
under the Plan, but cannot invest new contributions or exchange any portion
of
their existing account into the Pfizer Stock Fund. Any assets remaining in
the
Pfizer Stock Fund on March 28, 2005 will be reinvested in accordance with
the
SWS participant’s investment directions, or, if no such directions have been
provided, invested in the Vanguard Federal Money Market Fund.
Vesting
- Employee before-tax and after-tax contributions and earnings thereon vest
immediately. For Energizer employees, Company matching contributions and
earnings thereon vest over a period of four years at a rate of 25% per year
for
each year of Company service. Participants are 100% vested in Company matching
contributions and earnings thereon after four years of service. In the event
of
a participant’s attainment of age 65, retirement, death, or total and permanent
disability, Company contributions and earnings thereon become 100% vested,
even
if the participant has rendered fewer than four years of service.
For
SWS
participants, Company matching contributions and earnings from the ENR Stock
Fund vest over the same period as defined above for Energizer employees.
SWS
employees who were employed by Pfizer on March 28, 2003, were participants
in
the Pfizer Savings Plan on March 28, 2003, and who became an employee of
the
Company on or after March 29, 2003 without any intervening employment became
100% and fully vested on March 28, 2003 in matching contributions and earnings
from the Pfizer Stock Fund received under the Pfizer Savings Plan.
Plan
Withdrawals - Plan withdrawals of before-tax contributions may be made
prior to termination or retirement for cases of financial hardship or at
the age
of 59 1/2. For all participants, hardship distributions are limited to the
amount required to meet the need created by the hardship and are permitted
at
the discretion of the Plan administrator (see “Plan Administration” below).
After-tax contributions and earnings thereon may be withdrawn at any time.
Participant
Loans - Participants may borrow from their accounts subject to the
provisions of the Plan. Loans are limited in the aggregate to the lesser
of
$50,000 or 50% of the vested amount in the participant’s account, reduced by
other outstanding participant loan balances on the date of the loan. The
minimum
loan amount is $1,000. Participants pay interest on such loans, at a fixed
rate
of 1 percentage point above the prime rate on the date of the loan. Participant
loans can be short or long-term, up to a maximum loan period of five years
for
general-purpose loans and 10 years for the purchase of a principal residence.
Loan repayments are made through payroll deduction each pay period. Participants
must agree orally (ratified by subsequent cashing of the loan check),
electronically, or in writing to the terms of the loan. In the event of the
participant’s termination, the unpaid balance and accrued interest are due
immediately and payable in full.
Forfeitures
- Upon the participant’s termination of employment, any Company matching
contributions and the earnings thereon that are not vested will be forfeited,
but will be restored and eligible for additional vesting if the participant
again becomes an eligible employee within five years after termination and
completes additional years of service. Forfeitures, net of amounts restored,
are
used to reduce future Company contributions required under the Plan. Forfeitures
were $57,000 and $19,000 for the years ended December 31, 2004 and 2003,
respectively.
Plan
Administration - The Plan is administered by the Energizer Plans
Administrative Committee (EPAC). EPAC, which reviews and determines benefit
appeals by participants, has the exclusive right to interpret the Plan and
to
decide matters arising under the Plan or in connection with its administration,
including determination of eligibility for, and the amount of distributions
and
withdrawals. Members of the EPAC are Company employees and are appointed
by the
Company’s Board of Directors. They are listed as follows:
|
Daniel
J.
Sescleifer
|
Executive
Vice President and Chief Financial Officer
|
|
William
C.
Fox
|
Vice
President and Treasurer
|
|
Peter
J.
Conrad
|
Vice
President, Human Resources
|
|
Mark
A.
Schafale
|
Vice
President and Controller
|
|
Joseph
J.
Tisone
|
Vice
President, Global Operations - Batteries
|
|
Geraldine
S.
Auger
|
Vice
President, Global Compensation
|
|
Michael
Cummings
|
Vice
President, Global Operations - Razor &
Blades
|
Vanguard
Fiduciary
Trust Company is Trustee of the assets of the Plan. As Trustee, Vanguard
Fiduciary Trust Company has the authority to hold, manage and protect the
assets
of the Plan in accordance with the provisions of the Plan and the trust
agreements.
Plan
Termination - The Company may, by action of its Board of Directors,
terminate the Plan with respect to all participating companies. In case of
such
termination, participants shall be fully vested in Company matching
contributions credited to their accounts and, subject to Plan provisions
and
applicable law, the total amount in each participant’s account shall be
distributed to the participant or for the participant’s benefit.
NOTE
2 -
Summary of Significant Accounting Policies
The
significant
accounting policies followed by the Plan are described below:
Basis
of
Accounting - The financial statements of the Plan are prepared using
the accrual basis of accounting, except that distributions to participants
are
recorded when paid.
Investment
Valuation - The Plan’s investments are stated at fair value, except for
insurance company contracts, which are stated at contract value. Shares of
registered investment companies are valued at quoted market prices, which
represent the net asset value of shares held by the Plan at year-end. The
ENR
Stock Fund and the Pfizer Stock Fund are recorded at fair value, based on
the
closing market price of the stock on the last business day of the Plan year.
Notes receivable from participants are valued at cost, which approximates
fair
value.
Within
the
Investment Contract Trust Fund (Retirement Savings Trust), investments
with
insurance companies are all benefit-responsive investment contracts reported
at
contract value, which approximates fair value. Contract value represents
contributions made under the contract, plus earnings, less Plan withdrawals
and
administrative expenses. There are no valuation reserves against contract
value
for the credit risk of the contract issuer or otherwise. The average yield
for
the investment contracts was 3.93% and 4.07% for the years ended December
31,
2004 and 2003, respectively. The weighted-average crediting rate for these
contracts was 4.06% at December 31, 2003. On April 1, 2004, Vanguard
Retirement Savings Trust replaced the Fixed Income Fund in the Energizer
Holdings, Inc. Savings Investment Plan. Both funds are conservative investment
vehicles with identical objectives—to preserve the value of colleagues’ original
investment and provide an attractive level of interest.
As
the individual investments in the Fixed Income Fund have gradually matured,
they
have been replaced with investments in the Vanguard Retirement Savings
Trust.
The last investment matured on March 31, 2004; therefore, the entire stable
value portfolio is officially under the management of Vanguard Retirement
Savings Trust, beginning April 1, 2004.
Investment
securities are exposed to various risks, such as interest rate, market and
credit. Due to the level of risk associated with certain investment securities
and the level of uncertainty related to changes in the value of investment
securities, it is at least reasonably possible that changes in risks in the
near
term could materially affect the amounts reported in the Statement of Net
Assets
Available for Plan Benefits.
Investments
that
represent 5 percent or more of the Plan net assets are separately identified
in
the “Statement of Net Assets Available for Plan Benefits”.
Income
Recognition - Interest income is recognized when earned and dividend
income is recognized on the date of record. Realized and unrealized gains
and
losses are determined using the average cost method.
Use
of
Estimates - The preparation of these financial statements requires
management to make estimates and assumptions that affect the reported amounts
of
assets and liabilities, and revenues and expenses during the reporting period.
Actual results could differ from those estimates.
NOTE
3 -
Related Party and Party-in-Interest
The
Company, as
Plan sponsor, is a related party to the Plan. At December 31, 2004 and 2003,
the
Plan held shares of ENR Stock with a market value of $115,157,000 and
$89,864,000, respectively. Of these shares, the Plan purchased $18,185,000
and
sold $22,289,000 of ENR Stock for the year ended December 31, 2004 and for
the
year ended December 31, 2003, the Plan purchased $21,871,000 and sold
$24,357,000.
Vanguard
Fiduciary
Trust Company as Trustee of the Plan’s assets is a party-in-interest as defined
by ERISA. For Plan assets managed by Vanguard, the Plan held $375,123,000
and
$333,087,000 of investment funds and short-term investments at December 31,
2004
and 2003, respectively. Of these investments, the Plan purchased $62,868,000
and
sold $45,323,000 for the year ended December 31, 2004 and for the year ended
December 31, 2003, the Plan purchased $88,103,000 and sold
$65,364,000.
These
transactions
are exempt party-in-interest transactions under Section 408(b)(8) of the
ERISA
statutes.
NOTE
4 -
Income Tax Status
The
Plan received a
favorable letter of determination from the Internal Revenue Service dated
March
27, 2003, indicating compliance with section 401(a) of the Internal Revenue
Code
and exemption under the provisions of section 501(a). Thus, a provision for
a
federal income tax is not required in the accompanying financial statements.
While the Plan was amended for the inclusion of SWS colleagues, the Company
has
determined that a new IRS tax determination letter is not warranted at this
time. The Company will seek a new letter of determination upon further
amendments of the Plan in the future as legally required.
NOTE
5 -
Nonparticipant-Directed Investments
The
net assets in
nonparticipant-directed investments, which are in the ENR Stock Fund, were
$33,282,000 and $22,229,000 at December 31, 2004 and 2003, respectively.
Information about the changes in net assets relating to the
nonparticipant-directed investments is as follows:
|
(in
thousands)
|
Year
ended
|
Year
ended
|
||||
|
December
31, 2004
|
December
31, 2003
|
|||||
|
Changes
in
Net Assets:
|
||||||
|
Contributions
|
$5,305
|
$5,277
|
||||
|
Loan
Repayments
|
0
|
1,427
|
||||
|
Dividends
and
interest income
|
0
|
1
|
||||
|
Net
appreciation/(depreciation)
|
7,506
|
5,701
|
||||
|
Benefits
paid
|
(1,393)
|
(572)
|
||||
|
Transfers
to
participant-directed investments
|
(360)
|
(3,209)
|
||||
|
Other
|
(5)
|
(4)
|
||||
|
Total
|
$11,053
|
$8,621
|
||||
During
Plan Year
2005, the Company removed the exchange restriction previously in place
in the
restricted portion of the Energizer Stock Fund in the Energizer Holdings,
Inc.
Savings Investment Plan (SIP) effective February 15, 2005. At the same
time, the
allocation of the Company’s pre-tax matching contributions will no longer be
automatically allocated to Energizer stock, but rather will be allocated
in
accordance with each participant’s pre-tax payroll contributions investment
elections. These improvements to the Savings Investment Plan are being
made to
enhance each colleague’s ability to ensure appropriate diversification in their
SIP portfolio.
NOTE 6 - Other Matters
Net
assets
transferred from the Pfizer Savings Plan to the Plan included investments
in the
Pfizer Stock Fund. Participants were not permitted to make contributions
to or
transfers to this fund and are required to transfer investments in the Pfizer
Stock Fund to other investment funds of the Plan before March 28, 2005.
At
December 31, 2004, the Pfizer Stock Fund represented 3% of the total plan
assets. The Pfizer Stock Fund represented 9% of the total plan assets as
of
December 31, 2003.
NOTE
7 -
Investments
For
the year ended
December 31, 2004 and 2003, the Plan’s investments, including Plan investments
held in the Trust, appreciated by $44,883,000 and $69,065,000 respectively,
as
follows. Amounts include gains and losses on investments sold as well as
held
during the year and are broken out for investments that represent 5% or more
of
the Plan’s net assets.
|
(in
thousands)
|
|||
|
Year
ended December 31, 2004
|
Year
ended December 31, 2003
|
||
|
Net
Appreciation/(Depreciation)in Fair Market Value
|
|
|
|
|
Vanguard
Index Trust - 500 Portfolio
|
$
5,801
|
$13,902
|
|
|
Vanguard
Wellington Fund Investor Shares
|
1,757
|
5,110
|
|
|
Vanguard
Windsor II Fund Investor Shares
|
5,385
|
6,830
|
|
|
Energizer
Holdings, Inc. Common Stock
|
29,397
|
23,453
|
|
|
Pfizer,
Inc.
Common Stock
|
(7,780)
|
5,848
|
|
|
Other
|
10,323
|
13,922
|
|
|
$44,883
|
$69,065
|
||
NOTE
8 -
Form 5500
For
the year ended
December 31, 2004 and 2003, there were no reconciling items between the Plan
and
Form 5500.
|
DECEMBER
31, 2004
|
||||
|
ENERGIZER
HOLDINGS, INC. SAVINGS INVESTMENT PLAN
|
||||
|
EIN
43-1863181 PLAN NO. 90342
|
||||
|
SCHEDULE
H, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF
YEAR)
|
||||
|
(Dollars
in Thousands)
|
||||
|
(a)
|
(b)
Identity of Issue, Borrower,
Lessor,
or Similar Party
|
(c)
Description of Investment Including Maturity Date, Rate of Interest,
Collateral,
Par, or Maturity Value
|
(d)
Cost
|
(e)
Current value
|
|
*
|
Vanguard
Group
|
PRIMECAP
Fund
|
$
15,394
|
$
17,368
|
|
*
|
Vanguard
Group
|
500
Index
Portfolio
|
75,272
|
72,468
|
|
*
|
Vanguard
Group
|
Money
Market
Reserve Fund - Federal Portfolio
|
22,271
|
22,271
|
|
*
|
Vanguard
Group
|
Wellington
Fund
|
38,059
|
41,113
|
|
*
|
Vanguard
Group
|
Windsor
II
Fund
|
34,261
|
40,326
|
|
*
|
Vanguard
Group
|
International
Growth Fund
|
14,608
|
15,318
|
|
*
|
Vanguard
Group
|
Vanguard
Retirement Saving Trust (Common/Collective Trust)
|
98,024
|
98,024
|
|
*
|
Vanguard
Group
|
Small
Cap
Index Fund
|
18,428
|
23,158
|
|
*
|
Vanguard
Group
|
Explorer
Fund
|
6,990
|
8,497
|
|
*
|
Vanguard
Group
|
Bond
Market
Index
|
11,365
|
11,415
|
|
*
|
Vanguard
Group
|
LifeStrategy
Conservative Growth Fund
|
4,757
|
4,988
|
|
*
|
Vanguard
Group
|
LifeStrategy
Growth Fund
|
8,206
|
8,637
|
|
*
|
Vanguard
Group
|
LifeStrategy
Income Fund
|
4,183
|
4,304
|
|
*
|
Vanguard
Group
|
LifeStrategy
Moderate Growth Fund
|
6,823
|
7,236
|
|
Total
Investment in Shares in Registered Investment Company
|
358,641
|
375,123
|
||
| * | Energizer Holdings, Inc | ESOP Common Stock - Participant directed |
34,858
|
82,098
|
|
*
|
Energizer
Holdings, Inc.
|
ESOP
Common
Stock - Nonparticipant directed
|
18,960
|
33,059
|
|
*
|
Pfizer,
Inc.
|
ESOP
Common
Stock
|
7,573
|
18,114
|
|
Total
Investment in Common Stock
|
61,391
|
133,271
|
||
|
*
|
Participant
Loans
|
Notes
Receivable from Participants (various maturity dates, 4.75% to
10.50%
interest)
|
9,375
|
9,375
|
|
$
429,407
|
$
517,769
|
|||
|
*
Investment
represents allowable transaction with a
party-in-interest.
|
||||
|
Note:
maturity dates on insurance contracts represent the date when either
the
entire contract matures or the final portion of the contract
matures.
|
||||
|
SCHEDULE
H, LINE 4j - SCHEDULE OF REPORTABLE TRANSACTIONS
*
|
||||||||
|
ENERGIZER
HOLDINGS, INC. SAVINGS INVESTMENT PLAN (EIN
43-1863181)
|
||||||||
|
Year
Ended December 31, 2004
|
||||||||
|
(b)
Description of Asset
|
(f)
Expense
|
(h)
Current Value
|
||||||
|
(a)
Identity of
Party
Involved
|
(Include
interest rate and
maturity
in the case of a loan)
|
(c)
Purchase Price
|
(d)
Selling
Price
|
(e)
Lease Rental
|
Incurred
with Transaction
|
(g)
Cost
Of
Asset
|
Of
Asset On Transaction Date
|
(i)
Net Gain(Loss)
|
|
|
|
|
|
|
|
|
|
|
|
Vanguard
Group
|
Vanguard
500
Index Fund
|
$
11,302,009
|
$
-
|
$
-
|
$
11,302,009
|
$
-
|
||
|
Vanguard
Group
|
Vanguard
500
Index Fund
|
13,532,804
|
-
|
-
|
14,133,625
|
13,532,804
|
(600,821)
|
|
|
Vanguard
Group
|
Vanguard
Retirement Savings Trust
|
117,543,712
|
-
|
-
|
117,543,712
|
-
|
||
|
Vanguard
Group
|
Vanguard
Retirement Savings Trust
|
19,519,737
|
-
|
-
|
19,519,737
|
19,519,737
|
-
|
|
|
Vanguard
Group
|
Energizer
ESOP CS Unrestricted
|
12,920,000
|
-
|
-
|
12,920,000
|
-
|
||
|
Vanguard
Group
|
Energizer
ESOP CS Unrestricted
|
20,530,837
|
-
|
-
|
12,696,198
|
20,530,837
|
7,834,639
|
|
|
*
Transactions or a series of transactions in excess of 5% of the
current
value of the Plan's assets as of the beginning of the plan year
as defined
in
|
||||||||
|
section
29
CFR 2520.103-6 of the Department of Labor Rules and Regulations
for
Reporting and Disclosure under
ERISA.
|
||||||||
Pursuant
to the
requirements of the Securities Exchange Act of 1934, Energizer Holdings,
Inc.,
as Plan Administrator of the Savings investment Plan, has duly caused this
annual report to be signed by the undersigned thereunto duly
authorized.
ENERGIZER
HOLDINGS,
INC.
By: _____________________________________________
Daniel
J.
Sescleifer
Executive
Vice
President and Chief Financial Officer
June
28,
2005