UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 11-K
x | ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. |
For the fiscal year ended December 31, 2004;
OR
¨ | TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
For the transition period from
Commission file number: 001-14901
A. | Full title of the plan and the address of the plan, if different from that of issuer named below: |
Consol Energy Inc. Investment Plan for Salaried Employees
B. | Name of issuer of the securities held pursuant to the plan and the address of its principal executive office: |
Consol Energy Inc.
1800 Washington Road
Pittsburgh, Pennsylvania 15241
Registrants telephone number including area code: 412-831-4000
Consol Energy Inc.
Investment Plan for
Salaried Employees
Financial Statements and Supplemental Schedule
December 31, 2004 and 2003
Investment Plan for
Salaried Employees
Index
December 31, 2004 and 2003
Page(s) | ||||
1 | ||||
Financial Statements |
||||
2 | ||||
3 | ||||
4-11 | ||||
Supplemental Schedule |
||||
Schedule H, Part IV line 4(i) Schedule of Assets Held for Investment Purposes at End of Year |
13-22 | |||
Note: |
Other Schedules required by Section 2520.103-10 of the Department of Labors Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act (ERISA) of 1974 have been omitted because they are not applicable. | |||
23-24 | ||||
Exhibit 23 Consent of Independent Registered Public Accounting Firm |
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
To the Trustees and Participants of
CONSOL Energy Inc. Investment Plan for Salaried Employees
We have audited the accompanying statement of net assets available for benefits of CONSOL Energy Inc. Investment Plan for Salaried Employees (the Plan) as of December 31, 2004, and the related statement of changes in net assets available for benefits for the year then ended. These financial statements are the responsibility of the Plans management. Our responsibility is to express an opinion on these financial statements based on our audit. The financial statements of CONSOL Energy Inc. Investment Plan for Salaried Employees as of and for the year ended December 31, 2003 were audited by other auditors whose report dated June 14, 2004, expressed an unqualified opinion on those statements.
We conducted our audit in accordance with 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. The Plan is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. Our audit included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Plans internal control over financial reporting. Accordingly, we express no such opinion. An audit also 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, as well as evaluating the overall financial statement presentation. We believe that our audit provides 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 as of December 31, 2004, and the changes in net assets available for benefits for the year then ended in conformity with accounting principles generally accepted in the United States of America.
Our audit was conducted for the purpose of forming an opinion on the basic financial statements taken as a whole. The supplemental schedule of Assets Held for Investment Purposes at End of Year as of December 31, 2004, is presented for the purpose of additional analysis and is not a required part of the basic financial statements, but is supplementary information required by the Department of Labors Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. The supplemental schedule is the responsibility of the Plans management. The supplemental schedule has been subjected to the auditing procedures applied in our audit of the basic 2004 financial statements and, in our opinion, is fairly stated in all material respects when considered in relation to the basic financial statements taken as a whole.
/s/ McCRORY & McDOWELL LLC
Pittsburgh, PA
June 28, 2005
1
CONSOL ENERGY INC. INVESTMENT PLAN FOR SALARIED EMPLOYEES
Statements of Net Assets Available for Benefits
ASSETS
(in thousands of dollars)
|
December 31 | |||||
2004 |
2003 | |||||
Investment at Contract Value |
||||||
Stable Value Fund |
$ | 574,670 | $ | 558,250 | ||
Investments at Fair Value |
||||||
Interests in Registered Investment Companies |
165,062 | 151,795 | ||||
Barclays 3-Way Fund |
0 | 15,120 | ||||
Merrill Lynch Aggressive Asset Allocation Portfolio |
0 | 1,257 | ||||
Merrill Lynch Conservative Asset Allocation Portfolio |
0 | 458 | ||||
Merrill Lynch Moderate Asset Allocation Portfolio |
0 | 2,659 | ||||
Merrill Lynch Small Cap Index Trust |
0 | 3,110 | ||||
Merrill Lynch International Index Trust |
0 | 937 | ||||
Merrill Lynch Equity Index Trust |
46,291 | 14,019 | ||||
E.I. DuPont de Nemours & Company Common Stock |
140,426 | 161,373 | ||||
CONSOL Stock Fund |
72,186 | 42,568 | ||||
Daimler Chrysler AG Common Stock |
103 | 117 | ||||
Participant Loans |
14,449 | 14,115 | ||||
438,517 | 407,528 | |||||
Total Investments |
1,013,187 | 965,778 | ||||
Receivables |
||||||
Due from Broker for Securities Sold |
224 | 612 | ||||
Accrued Interest and Dividends |
7 | 5 | ||||
231 | 617 | |||||
Cash |
78 | 617 | ||||
NET ASSETS AVAILABLE FOR BENEFITS |
$ | 1,013,496 | $ | 967,012 | ||
The accompanying notes are an integral part of these financial statements.
2
CONSOL ENERGY INC. INVESTMENT PLAN FOR SALARIED EMPLOYEES
Statement of Changes in Net Assets Available for Benefits
(in thousands of dollars)
|
For the Year Ended December 31, 2004 | ||
Additions to Net Assets Attributable to: |
|||
Contributions: |
|||
Participants Contributions |
$ | 20,765 | |
Participants Rollovers |
23,367 | ||
Employer |
12,156 | ||
56,288 | |||
Investment Income: |
|||
Interest and Dividends |
10,960 | ||
Net Appreciation in Fair Value of Investments |
81,573 | ||
92,533 | |||
Total Additions |
148,821 | ||
Deductions from Net Assets Attributed to: |
|||
Benefits Paid to Participants |
102,334 | ||
Administrative Expense |
3 | ||
Total Deductions |
102,337 | ||
Net Additions |
46,484 | ||
Net Assets Available for Benefits |
|||
Beginning of Year |
967,012 | ||
END OF YEAR |
$ | 1,013,496 | |
The accompanying notes are an integral part of these financial statements.
3
CONSOL ENERGY INC. INVESTMENT PLAN FOR SALARIED EMPLOYEES
Notes to Financial Statements
December 31, 2004 and 2003
1. | DESCRIPTION OF PLAN |
The following brief description of the CONSOL Energy Inc. Investment Plan for Salaried Employees (the Plan) is provided for general information purposes only. Participants should refer to the Plan agreement for a more complete description of the Plans provisions.
General The Plan is a defined contribution plan established in 1953. Salaried, operations and maintenance and, in certain circumstances, production and maintenance employees of CONSOL Energy Inc. and participating employers (CONSOL Energy or the Company) are eligible to participate in the Plan on the first of the month following the start of regular full-time employment. In addition, temporary employees are eligible to participate in the Plan upon completion of a period of 12 consecutive months, commencing upon their employment date or anniversary date thereof, during which the employee completes 1,000 or more hours of service. The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974 (ERISA).
On April 29, 1999, CONSOL Energy underwent an initial public offering. In connection with the public offering, the Plan offers CONSOL Energy common stock (CONSOL Stock Fund) as an investment option. Participants of the Plan were able to transfer funds into the CONSOL Stock Fund in June 1999 and to allocate contributions to this fund in July 1999. In addition, participants were no longer able to allocate contributions to E.I. DuPont de Nemours & Company (DuPont) common stock (DuPont Stock Fund).
The CONSOL Stock Fund investment option is an Employee Stock Ownership Plan (ESOP), whereby participants in the plan will be given the opportunity to elect to receive cash for dividends declared on CONSOL Energy stock. If a participant does not make an election, the dividends will be reinvested in the CONSOL Stock Fund.
Contributions During the year 2004 participants could, with certain restrictions, contribute a maximum of 44% of monthly base pay to the Plan exclusive of supplemental make-up deposits. CONSOL Energy and participating employers match these contributions, dollar for dollar, up to 6% of base pay (as defined by the Plan). The employer and employee contributions may not exceed $41,000 and $40,000 for the years 2004 and 2003, respectively. Contributions may be made with before-tax or after-tax dollars. In addition, subject to certain limitations, a participant is allowed to make lump-sum savings deposits in cash to the Plan. For the year ended December 31, 2004, the Plan was amended for full-time employees hired or rehired on or after August 1, 2004. For these employees, CONSOL Energy and participating employers match participants contributions, dollar for dollar, up to 9% of base pay (as defined by the Plan).
4
CONSOL ENERGY INC. INVESTMENT PLAN FOR SALARIED EMPLOYEES
Notes to Financial Statements
December 31, 2004 and 2003
1. | DESCRIPTION OF PLAN (Continued) |
Participant Accounts Each participants account is credited with the participants contributions and allocations of the Companys contributions and plan investment earnings and is charged with an allocation of administrative expenses and plan investment losses. Allocations are based on participant earnings or account balances, as defined. Forfeited balances of terminated participants nonvested accounts are used to reduce future Company contributions. The benefit to which a participant is entitled is the benefit that can be provided from the participants account.
Investment Options Upon enrollment in the Plan, a participant may direct employee contributions in any of the funds included in the supplemental schedule of assets (held at end of year), which is attached to these financial statements, except for E.I. DuPont de Nemours & Company Common Stock, Daimler Chrysler AG Common Stock and Fidelity Low Price Stock Fund. These options are no longer available to Plan participants.
Vesting Plan participants vest upon completion of three cumulative years of service. Participants are always 100% vested in their deposits and in the earnings on both their deposits and the Companys contributions.
Participant Loans Participants may borrow up to one-half of their nonforfeitable account balances subject to certain minimum and maximum loan limitations. Such loans are repayable over periods of 12 to 60 months (120 months maximum if for the purchase of a principal residence) and bear an interest rate equal to the average rate charged by selected major banks for secured personal loans. Principal and interest are paid ratably through payroll deductions.
Payment of Benefits Participants who retire from active service may elect to make withdrawals until April 1 of the calendar year following the year in which the participant attains age 70 1/2. They may also elect an option to have their account distributed over a period of not less than two years or more than a period which would pay the account balance during the employees actuarial life in either a fixed or variable amount. Before-tax deposits may be withdrawn only in the event of an employees retirement, death, termination, attainment of age 59½ or defined hardship. At December 31, 2004 and 2003; approximately $82,000 and $617,000 was payable to withdrawing participants.
5
CONSOL ENERGY INC. INVESTMENT PLAN FOR SALARIED EMPLOYEES
Notes to Financial Statements
December 31, 2004 and 2003
1. | DESCRIPTION OF PLAN (Continued) |
Forfeitures Nonvested participants whose services with the Company have been terminated will forfeit their entire Company matching source. Total forfeitures were approximately $47,000 and $32,000 for the years ended December 31, 2004 and 2003, respectively. Forfeitures are used to reduce the employer matching contributions to the Plan.
Plan Termination Although it has not expressed any intent to do so, CONSOL Energy has the right under the Plan to discontinue its contributions at any time and to terminate the Plan subject to the provisions of ERISA. In the event of plan termination, participants will become 100% vested in their accounts.
2. | SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES |
Basis of Accounting The financial statements of the Plan are prepared under the accrual method of accounting in accordance with accounting principles generally accepted in the United States of America.
Investment Valuation and Income Recognition The Plans investments are stated at fair value except for the Stable Value Fund (Note 3). The Stable Value Fund is comprised of guaranteed investment contracts (GIC), separate account portfolios (SAP) and synthetic GICs (SYN), all of which are held with multiple insurance companies. These fully benefit responsive contracts are held for investment purposes by the Plan and are stated at contract value (which represents contributions made under the contract, plus earnings, less withdrawals and administrative expenses). Participants may ordinarily direct the withdrawals or transfer of all or a portion of their investment at contract value. Changes in contract value of the investment contracts are recognized in the statement of changes in net assets available for benefits as they occur. There are no reserves against contract value for credit risk of the contract issuer or otherwise. The fair value of the Stable Value Fund at December 31, 2004 and 2003 was $600,271,000 and $589,068,000, respectively.
Investments in common stocks, common stock funds and registered investment companies are stated at fair value based on publicly quoted market prices. Investments in Common/Collective Trusts are valued at the net asset value of units held by the Plan at year end by the applicable custodian.
6
CONSOL ENERGY INC. INVESTMENT PLAN FOR SALARIED EMPLOYEES
Notes to Financial Statements
December 31, 2004 and 2003
2. | SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) |
Purchases and sales of investments are recorded on a trade-date basis. Dividend income is recorded on the ex-dividend date and interest income is recorded on the accrual basis. Gains and losses on the sale of DuPont and CONSOL Energy common stock are based on the average cost of the securities sold. The CONSOL Stock Fund, which is comprised solely of CONSOL Energy common stock, is valued at its quoted market price at year end. Participant loans are valued at cost, which approximates fair value.
Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities and changes therein, and disclosure of contingent assets and liabilities. Actual results could differ from those estimates.
Risks and Uncertainties The Plan provides for various investment options. These investments are exposed to various risks, such as interest rate, market and credit risks. 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 possible that changes in the near or long term could materially affect participants account balances and the amounts reported in the statements of net assets available for benefits and the statement of changes in net assets available for benefits.
Payment of Benefits Benefits are recorded when paid.
Administrative Expenses Certain administrative expenses of the Plan, such as trustee fees, accounting and legal fees are provided to the Plan by CONSOL Energy without cost. Other administrative expenses are borne by the Plan.
7
CONSOL ENERGY INC. INVESTMENT PLAN FOR SALARIED EMPLOYEES
Notes to Financial Statements
December 31, 2004 and 2003
3. | INVESTMENTS |
The following presents individual investments that represent 5% or more of the Plans net assets available for benefits at December 31:
(in thousands of dollars)
|
2004 |
2003 | ||||||
E.I. DuPont de Nemours & Company common stock, 2,862,919 and 3,516,507 shares, respectively |
$ | 140,426 | $ | 161,373 | ||||
CONSOL Energy Inc. common stock, 1,758,494 and 1,643,532 shares, respectively |
72,186 | 42,568 | ||||||
*LM Western Asset Core Plus, 5,995,955 and 6,060,594 shares, respectively |
63,917 | 63,576 | ||||||
*PIMCO Low Duration Fund, 7,775,816 and 8,810,584 shares, respectively |
79,313 | 90,220 | ||||||
*GEM Trust: GEM Trust Risk-Controlled 2 |
6,359,169 units | 64,222 | 0 | |||||
*GEM Trust: GEM Trust Opportunistic 1 |
6,278,445 units | 63,531 | 0 | |||||
*GEM Trust: GEM Trust Opportunistic 2 |
6,485,302 units | 65,611 | 0 | |||||
*GEM Trust: GEM Trust Opportunistic 3 |
6,521,489 units | 66,116 | 0 |
* | These investments are included in the Stable Value Fund. |
During 2004, the Plans investments (including gains and losses on investments bought and sold, as well as held during the year) appreciated in value by $81,573,000 as follows:
(in thousands of dollars)
|
Net Appreciation in | ||
Registered investment companies |
$ | 15,248 | |
Common stock |
|||
CONSOL Stock Fund |
26,712 | ||
E.I. DuPont de Nemours & Company |
7,930 | ||
Daimler Chrysler AG |
3 | ||
Stable Value Fund |
27,834 | ||
Common/Collective Trusts |
3,846 | ||
$ | 81,573 | ||
8
CONSOL ENERGY INC. INVESTMENT PLAN FOR SALARIED EMPLOYEES
Notes to Financial Statements
December 31, 2004 and 2003
3. | INVESTMENTS (Continued) |
The Stable Value Fund is a separate account held by the Plan. The investment contracts are entered into based on an evaluation of the credit risk of the contract issuers and/or third party guarantors. Collateral is generally not provided. The Stable Value Fund includes traditional guaranteed investment contracts as well as synthetic guaranteed investment contracts. A synthetic guaranteed investment contract provides for a guaranteed return on principal over a specified period of time through the use of underlying assets and a benefit responsive wrapper contract issued by a third party. Included in the contract value of synthetic guaranteed investment contracts is approximately $(18,800,000) and $(21,700,000) at December 31, 2004 and 2003, respectively, attributable to wrapper contract providers representing the amounts by which the value of contracts are greater than (less than) the value of the underlying assets.
The composition of assets of the Stable Value Fund as of December 31, 2004 and 2003 are as follows:
(in thousands of dollars)
|
2004 |
2003 | ||||
Investment contracts |
$ | 571,392 | $ | 551,652 | ||
Short-term investments |
3,278 | 6,598 | ||||
$ | 574,670 | $ | 558,250 | |||
The composition of changes in net assets of the Stable Value Fund for the year ended December 31, 2004 is as follows:
(in thousands of dollars)
|
||||
Employer contributions |
$ | 6,420 | ||
Participant contributions and rollovers |
34,798 | |||
Total contributions |
41,218 | |||
Interest and dividend income |
444 | |||
Net realized/unrealized appreciation in fair value |
27,834 | |||
Benefits paid to participants |
(73,944 | ) | ||
Administrative Expense |
(1 | ) | ||
Net loan activity |
(760 | ) | ||
Net interfund transfers |
21,629 | |||
Increase in net assets available for benefits |
16,420 | |||
Net Assets |
||||
Beginning of year |
558,250 | |||
End of year |
$ | 574,670 | ||
9
CONSOL ENERGY INC. INVESTMENT PLAN FOR SALARIED EMPLOYEES
Notes to Financial Statements
December 31, 2004 and 2003
3. | INVESTMENTS (Continued) |
The aggregate crediting rates for all contracts as of December 31, 2004 and 2003 were 5.19% and 5.36%, respectively. The crediting rates for SAP and SYN contracts are reset annually and are based on the market value of the underlying portfolio of assets backing these contracts. Inputs used to determine the crediting rate include each contracts portfolio market value, current yield-to-maturity, duration (i.e., weighted average life), and market value relative to contract value. The average yield of the Stable Value Fund was approximately 5.29% and 5.53% in 2004 and 2003, respectively.
Participants investing in the Stable Value Fund or Common/Collective Trusts are assigned units at the time of investment based on the net asset value per unit.
4. | TAX STATUS |
The Plan obtained its latest determination letter on September 17, 2002, in which the Internal Revenue Service stated that the Plan, as then designed, was in compliance with the applicable requirements of the Internal Revenue Code. The Plan has been amended since receiving the determination letter. However, the Plan administrator and the Plans tax counsel believe that the Plan is currently designed and being operated in compliance with the applicable requirements of the Internal Revenue Code. Therefore, no provision for income taxes has been included in the Plans financial statements.
5. | RECONCILIATION OF FINANCIAL STATEMENTS TO FORM 5500 |
The following is a reconciliation of net assets available for benefits per the financial statements at December 31, 2004 and 2003 to Form 5500:
(in thousands of dollars)
|
2004 |
2003 |
||||||
Net assets available for benefits per the financial statements |
$ | 1,013,496 | $ | 967,012 | ||||
Amounts allocated to withdrawing participants |
(82 | ) | (617 | ) | ||||
Net assets available for benefits per the Form 5500 |
$ | 1,013,414 | $ | 966,395 | ||||
10
CONSOL ENERGY INC. INVESTMENT PLAN FOR SALARIED EMPLOYEES
Notes to Financial Statements
December 31, 2004 and 2003
5. | RECONCILIATION OF FINANCIAL STATEMENTS TO FORM 5500 (Continued) |
The following is a reconciliation of benefits paid to participants per the financial statements for the year ended December 31, 2004, to Form 5500:
(in thousands of dollars)
|
||||
Benefits paid to participants per the financial statements |
$ | 102,334 | ||
Amounts allocated to withdrawing participants at December 31, 2004 |
82 | |||
Less: Amounts allocated to withdrawing participants at December 31, 2003 |
(617 | ) | ||
Benefits paid to participants per form 5500 |
$ | 101,799 | ||
Amounts allocated to withdrawing participants are recorded on the Form 5500 for benefit claims that have been processed and approved for payment prior to December 31, 2004 and 2003, but not yet paid as of that date.
6. | TRANSACTIONS WITH PARTIES-IN-INTEREST |
Plan investments include collective investment fund managed by Merrill Lynch. Merrill Lynch is the trustee as defined by the Plan and, therefore, these transactions qualify as those conducted with a party-in-interest to the Plan.
One of the investment vehicles available to employees, the CONSOL Stock Fund, contains stock of CONSOL Energy. The Plan held 1,758,494 shares and 1,643,532 shares of CONSOL Energys common stock at December 31, 2004 and 2003, respectively.
11
CONSOL ENERGY INC. INVESTMENT PLAN FOR SALARIED EMPLOYEES
SUPPLEMENTAL SCHEDULE
12
(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) Number of shares/units |
(e) Current (in 000s) | |||||
Common Stock | |||||||||
* |
Consol Stock Fund | 1,758,494 | $ | 72,186 | |||||
E.I. DuPont de Nemours & Company | 2,862,919 | 140,426 | |||||||
Daimler Chrysler AG | 2,143 | 103 | |||||||
Total Common Stock | 212,715 | ||||||||
Interests in Registered Investment Companies | |||||||||
* |
Merrill Lynch | Basic Value Fund | 474,688 | 15,105 | |||||
Fidelity Investments | Low Priced Stock Fund | 541,019 | 21,776 | ||||||
Growth and Income Portfolio | 221,031 | 8,446 | |||||||
Magellan Fund | 317,129 | 32,915 | |||||||
Templeton | Foreign Fund | 936,591 | 11,520 | ||||||
Smith Barney | Large Cap Growth Fund | 883,816 | 19,329 | ||||||
PIMCO | Total Return Fund | 297,921 | 3,179 | ||||||
American Funds | Europacific Growth Fund | 190,198 | 6,706 | ||||||
Hotchkis and Wiley | Mid Cap Value Fund | 457,378 | 12,436 | ||||||
The Managers | Special Equity Fund | 55,918 | 5,055 | ||||||
Alger | Mid Cap Growth Fund | 1,061,456 | 17,907 | ||||||
State Street Research | Aurora Fund | 264,034 | 10,688 | ||||||
Total interests in registered investment companies | 165,062 | ||||||||
Stable Value Fund | |||||||||
Hartford Life Insurance Company |
GIC, 4.80%, 08/02/2010 | 10,303,808 | 10,304 | ||||||
Hartford Life Insurance Company |
GIC, 4.60%, 06/01/2011 | 10,034,560 | 10,035 | ||||||
New York Life Ins Co |
GIC, 4.40%, 12/02/2010 | 10,061,534 | 10,062 | ||||||
Security Life of Denver |
GIC, 6.19%, 03/03/2008 | 24,509,099 | 24,509 | ||||||
Connecticut General Life Ins. |
GIC, 7.14%, 10/01/2007 | 40,724,344 | 40,724 |
13
CONSOL ENERGY INC. INVESTMENT PLAN FOR SALARIED EMPLOYEES EIN Number 51-0337383, Plan Number 002 Schedule H, Part IV, Line 4(i) Schedule of Assets Held for Investment Purposes at End of Year |
Supplemental Schedule |
(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) Number shares/units |
(e) Current (in 000s) |
|||||
John Hancock Life Ins. Co. |
GIC, 6.01%, 05/31/2006 | 3,734,594 | 3,735 | ||||||
Transamerica |
GIC, 7.10%, 11/30/2006 | 19,567,879 | 19,568 | ||||||
* |
Merrill Lynch Premier Fund |
Money Market Fund, 2.17% | 3,278,375 | 3,278 | |||||
Perpetual Window Global Wrap: | |||||||||
AIG Life Insurance Company |
Synthetic GIC 4.29%, opened | 28,673,120 | |||||||
ING Life Insurance & Annuity Co. |
Synthetic GIC 4.29%, opened | 28,673,120 | |||||||
JPMorgan Chase Bank |
Synthetic GIC 4.29%, opened | 28,673,120 | |||||||
Monumental Life Insurance Co |
Synthetic GIC 4.29%, opened | 28,673,120 | |||||||
State Street Bank & Trust |
Synthetic GIC 4.29%, opened | 28,673,120 | |||||||
Underlying Security Description: | |||||||||
PIMCO Total Return Fund | Mutual Fund | 331,019 | 3,532 | ||||||
PIMCO Low Duration Fund | Mutual Fund | 7,775,816 | 79,313 | ||||||
LM Western Asset Core Plus | Mutual Fund | 5,995,955 | 63,917 | ||||||
Various Insurance Companies | Synthetic Wrapper Agreements | (3,397 | ) | ||||||
Total Return Tier Global Wrap: | |||||||||
AIG Life Insurance Company |
Synthetic GIC 5.22%, opened | 61,817,962 | |||||||
ING Life Insurance & Annuity Co. |
Synthetic GIC 5.22%, opened | 61,817,962 | |||||||
JPMorgan Chase Bank |
Synthetic GIC 5.22%, opened | 61,817,962 | |||||||
Monumental Life Insurance Co |
Synthetic GIC 5.22%, opened | 61,817,962 | |||||||
State Street Bank & Trust |
Synthetic GIC 5.22%, opened | 61,817,962 | |||||||
Underlying Security Description: | |||||||||
GEM Trust Risk-Controlled 2 | 6,359,168.598 units of participation | 64,222 | |||||||
GEM Trust Opportunistic 1 | 6,278,445.4788 units of participation | 63,531 | |||||||
GEM Trust Opportunistic 2 | 6,485,301.8904 units of participation | 65,611 | |||||||
GEM Trust Opportunistic 3 | 6,521,488.7146 units of participation | 66,116 | |||||||
FNMA Pool 499190 | 6.5% 01 Jun 2029 | 37,322 | 39 | ||||||
FNMA Pool 493343 | 6.5% 01 Apr 2029 | 2,469 | 3 | ||||||
Intl Bank Recon + Dev | 7.625% 19 Jan 2023 | 290,000 | 379 | ||||||
Gnma Pool 419569 | 6.5% 15 Feb 2026 | 15,077 | 16 | ||||||
Ameritech Capital Funding Co | 6.25% 18 May 2009 | 137,000 | 148 | ||||||
Fed Hm Ln Pc Pool C13094 | 6% 01 Aug 2028 | 56,838 | 59 |
14
CONSOL ENERGY INC. INVESTMENT PLAN FOR SALARIED EMPLOYEES EIN Number 51-0337383, Plan Number 002 Schedule H, Part IV, Line 4(i) Schedule of Assets Held for Investment Purposes at End of Year |
Supplemental Schedule |
(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) Number shares/units |
(e) Current (in 000s) | |||||
Duke Cap Corp | 6.75% 15 Jul 2018 | 121,000 | 136 | ||||||
Gnma Pool 780975 | 6% 15 Feb 2029 | 7,148 | 7 | ||||||
FHLMC TBA Jan 30 Gold Single | 5.5% 01 Dec 2099 | 1,500,000 | 1,524 | ||||||
Eurodollar Futures | 5-Jun | 500,000 | | ||||||
Eurodollar Futures | 5-Jun | (750,000 | ) | | |||||
Eurodollar Futures | 5-Sep | (500,000 | ) | | |||||
Eurodollar Futures | 5-Mar | 500,000 | | ||||||
FNMA Pool 426119 | 8% 15 Jun 2026 | 35,368 | 38 | ||||||
Fed Hm Ln Pc Pool C80253 | 9% 01 Jan 2025 | 27,173 | 30 | ||||||
Procter + Gamble Co | 8% 26 Oct 2029 | 69,000 | 93 | ||||||
Intl Bk For Recon + Dev | 0% 15 Feb 2015 | 21,000 | 13 | ||||||
Intl Bk For Recon + Dev | 0% 15 Feb 2016 | 63,000 | 35 | ||||||
United States Tres Sc Strp Int | 0.01% 15 May 2021 | 450,000 | 199 | ||||||
Archer Daniels Midland Co | 8.875% 15 Apr 2011 | 84,000 | 104 | ||||||
Tyson Foods Inc | 7% 01 May 2018 | 86,000 | 96 | ||||||
Coastal Corp | 6.5% 15 May 2006 | 120,000 | 125 | ||||||
United States Tres Sc Strp Int | 0% 15 May 2019 | 805,000 | 400 | ||||||
British Columbia Prov CDA | 5.375% 29 Oct 2008 | 178,000 | 188 | ||||||
Financing Corp | 9.65% 02 Nov 2018 | 450,000 | 661 | ||||||
Financing Corp | 8.6% 26 Sep 2019 | 75,000 | 103 | ||||||
United States Tres Sc Strp Int | 0% 15 May 2018 | 2,770,000 | 1,460 | ||||||
General Mtrs Corp | 7.1% 15 Mar 2006 | 173,000 | 179 | ||||||
Fnma Pool 482922 | 6.5% 01 Apr 2029 | 13,022 | 14 | ||||||
Fnma Pool 503854 | 6% 01 Jul 2029 | 21,741 | 23 | ||||||
Eastman Chem Co | 7.25% 15 Jan 2024 | 155,000 | 177 | ||||||
Federal Home Ln Bks | 5.925% 09 Apr 2008 | 1,000,000 | 1,067 | ||||||
Federal Natl Mtg Assn REMIC | 7.5% 25 Mar 2007 | 163,826 | 169 | ||||||
Enron Corp | 6.75% 01 Jul 2005 | 120,000 | 1 | ||||||
Time Warner Entmt Co L P | 8.875% 01 Oct 2012 | 100,000 | 124 | ||||||
Hydro Quebec | 8.4% 15 Jan 2022 | 120,000 | 161 | ||||||
United States Tres Sc Strp Int | 0% 15 Aug 2017 | 1,215,000 | 668 |
15
CONSOL ENERGY INC. INVESTMENT PLAN FOR SALARIED EMPLOYEES EIN Number 51-0337383, Plan Number 002 Schedule H, Part IV, Line 4(i) Schedule of Assets Held for Investment Purposes at End of Year |
Supplemental Schedule |
(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) Number shares/units |
(e) Current (in 000s) |
||||||
AES Eastn Energy Lp | 9% 02 Jan 2017 | 97,457 | 111 | |||||||
Landesbank Baden Wurttembe | 7.625% 01 Feb 2023 | 106,000 | 131 | |||||||
Israel St | 6.375% 15 Dec 2005 | 86,000 | 89 | |||||||
Norfolk Southn Corp | 7.05% 01 May 2037 | 50,000 | 59 | |||||||
Japan Bk Intl Cooperation | 7.125% 20 Jun 2005 | 200,000 | 204 | |||||||
Federal Natl Mtg Assn REMIC | 9.99% 25 Sep 2017 | 28,200 | 31 | |||||||
FNMA Pool 323347 | 7% 01 Sep 2028 | 118,631 | 126 | |||||||
Diageo Cap PLC | 6.125% 15 Aug 2005 | 259,000 | 264 | |||||||
BBV Intl Fin Ltd | 7% 01 Dec 2025 | 112,000 | 127 | |||||||
United States Tres Sc Strp Int | 0% 15 Feb 2019 | 1,304,000 | 658 | |||||||
Sun Microsystems Inc | 7.65% 15 Aug 2009 | 100,000 | 112 | |||||||
FHLMC TBA Jan 30 Gold Single | 6% 01 Dec 2099 | (14,000,000 | ) | (14,457 | ) | |||||
British Sky Broadcasting Group | 8.2% 15 Jul 2009 | 60,000 | 69 | |||||||
Tennessee Valley Auth | 6.25% 15 Dec 2017 | 55,000 | 61 | |||||||
Pemex Fin Ltd | 6.3% 15 May 2010 | 120,000 | 129 | |||||||
Time Warner Inc | 9.125% 15 Jan 2013 | 90,000 | 113 | |||||||
Murphy Oil Corp | 7.05% 01 May 2029 | 320,000 | 367 | |||||||
Continental Airls Pass Thru Tr | 6.94% 15 Oct 2013 | 90,119 | 88 | |||||||
Goldman Sachs Group Inc | 7.35% 01 Oct 2009 | 120,000 | 137 | |||||||
TRW Inc. | 7.125% 01 Jun 2009 | 73,000 | 80 | |||||||
U S West Cap Fdg Inc | 6.875% 15 Jul 2028 | 236,000 | 192 | |||||||
Continental Airls Pass Thru Tr | 8.048% 01 Nov 2020 | 101,051 | 102 | |||||||
Nationsbank Corp | 7.8% 15 Sep 2016 | 89,000 | 107 | |||||||
Fnma Pool 533373 | 6.5% 01 Mar 2030 | 33,447 | 35 | |||||||
Fnma Pool 503290 | 6.5% 01 Jun 2029 | 11,078 | 12 | |||||||
Becton Dickinson + Co | 7% 01 Aug 2027 | 103,000 | 120 | |||||||
NSTAR | 8% 15 Feb 2010 | 120,000 | 141 | |||||||
Morgan Stanley Group Inc | 8% 15 Jun 2010 | 60,000 | 71 | |||||||
Norfolk Southn Corp | 6.2% 15 Apr 2009 | 44,000 | 48 | |||||||
Sprint Cap Corp | 6.875% 15 Nov 2028 | 107,000 | 116 | |||||||
Bank Of America | 7.8% 15 Feb 2010 | 300,000 | 350 |
16
CONSOL ENERGY INC. INVESTMENT PLAN FOR SALARIED EMPLOYEES EIN Number 51-0337383, Plan Number 002 Schedule H, Part IV, Line 4(i) Schedule of Assets Held for Investment Purposes at End of Year |
Supplemental Schedule |
(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) Number shares/units |
(e) Current (in 000s) | ||||
Vodafone Airtouch Plc | 7.75% 15 Feb 2010 | 42,000 | 44 | |||||
U S West Communications Inc | 6.625% 15 Sep 2005 | 86,000 | 88 | |||||
Applied Matls Inc | 7.125% 15 Oct 2017 | 432,000 | 497 | |||||
State Street Bank + Trust Co | Short-Term Investment Fund | 13,205,195 | 13,205 | |||||
Donnelley R R + Sons Co Medium | 6.56% 05 Jul 2005 | 173,000 | 176 | |||||
Federal Home Ln Mtg Pc Gtd | 6.5% 15 Jun 2022 | 58,992 | 1 | |||||
GNMA Pool 377590 | 8% 15 Aug 2025 | 151,127 | 164 | |||||
Compaq Computer Corp | 7.65% 01 Aug 2005 | 120,000 | 123 | |||||
Federal Home Loan Bank | 6.875% 15 Aug 2005 | 330,000 | 338 | |||||
Honeywell Intl Inc | 6.875% 03 Oct 2005 | 137,000 | 141 | |||||
New Vy Gereration 1 | 7.299% 15 Mar 2019 | 89,952 | 105 | |||||
British Telecommunications Plc | 0.92% 15 Dec 2010 | 82,000 | 98 | |||||
Burlington Northn Santa Fe | 7.125% 15 Dec 2010 | 200,000 | 228 | |||||
Southwest Gas Corp | 8.375% 15 Feb 2011 | 110,000 | 130 | |||||
Federal Home Loan Mtg Corp | 5.875% 21 Mar 2011 | 530,000 | 572 | |||||
Federal Natl Mtg Assn | 5.5% 15 Mar 2011 | 530,000 | 568 | |||||
Cmnwlth Bank Of Aust | 7.125% 10 Jul 2006 | 280,000 | 296 | |||||
Japan Highway Publ | 6.75% 17 Sep 2007 | 250,000 | 270 | |||||
Hilton Hotels Corp | 7.625% 15 May 2008 | 40,000 | 44 | |||||
FNMA Pool 584869 | 6.5% 01 Jun 2031 | 48,873 | 51 | |||||
Delphi Corp | 6.55% 15 Jun 2006 | 170,000 | 175 | |||||
FNMA Pool 535933 | 6.5% 01 May 2031 | 50,326 | 53 | |||||
Transocean Sedco Forex | 6.625% 15 Apr 2011 | 120,000 | 133 | |||||
Univision Communications Inc | 7.85% 15 Jul 2011 | 60,000 | 71 | |||||
Gnma Pool 421856 | 6.5% 15 Apr 2026 | 4,249 | 5 | |||||
Gnma Pool 288117 | 10% 15 Mar 2020 | 13,843 | 16 | |||||
Gnma Pool 294918 | 10% 15 Sep 2020 | 20,046 | 23 | |||||
Gnma Pool 296513 | 10% 15 Dec 2020 | 36,400 | 42 | |||||
Williams Cos Inc | 7.875% 01 Sep 2021 | 170,000 | 190 | |||||
Autopista Del Maipo Sociedad | 7.373% 15 Jun 2022 | 410,000 | 496 | |||||
General Mtrs Accep Corp | 6.875% 15 Sep 2011 | 130,000 | 132 |
17
CONSOL ENERGY INC. INVESTMENT PLAN FOR SALARIED EMPLOYEES EIN Number 51-0337383, Plan Number 002 Schedule H, Part IV, Line 4(i) Schedule of Assets Held for Investment Purposes at End of Year |
Supplemental Schedule |
(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) Number shares/units |
(e) Current (in 000s) | ||||
Ford Mtr Cr Co | 7.25% 25 Oct 2011 | 45,000 | 48 | |||||
Ford Mtr Cr Co | 6.5% 25 Jan 2007 | 180,000 | 187 | |||||
Government Backed Trs | 0% 15 May 2008 | 1,040,000 | 921 | |||||
Alcoa Inc | 6% 15 Jan 2012 | 84,000 | 92 | |||||
GNMA I TBA Jan 30 Single Fam | 5.5% 01 Dec 2099 | 4,000,000 | 4,084 | |||||
Qwest Cap Fdg Inc | 7% 03 Aug 2009 | 100,000 | 99 | |||||
Household Fin Corp | 5.75% 30 Jan 2007 | 160,000 | 167 | |||||
General Mtrs Accep Corp | 7% 01 Feb 2012 | 105,000 | 107 | |||||
FED HM LN PC Pool D28599 | 7.5% 01 Dec 2022 | 34,339 | 37 | |||||
FNMA Pool 306974 | 7.5% 01 Jun 2025 | 3,841 | 4 | |||||
Colgate Palmolive Co Mtn | 5.98% 25 Apr 2012 | 25,000 | 27 | |||||
Kraft Foods Inc | 6.25% 01 Jun 2012 | 15,000 | 16 | |||||
J P Morgan Chase + Co | 5.25% 30 May 2007 | 26,000 | 27 | |||||
Jackson Natl Life Global Fdg | 6.125% 30 May 2012 | 26,000 | 28 | |||||
Sumitomo Mitsui Bk Corp | 8% 15 Jun 2012 | 58,000 | 69 | |||||
Bank Austria | 5.75% 08 Jun 2006 | 300,000 | 310 | |||||
Fed Hm Ln Pc Pool C68628 | 6% 01 Jul 2032 | 190,781 | 197 | |||||
At+T Corp | 1% 15 Nov 2031 | 330,000 | 394 | |||||
Japan Fin Corp Mun Enterprises | 6.85% 15 Apr 2006 | 200,000 | 210 | |||||
Florence Italy | 6.14% 15 Apr 2014 | 36,100 | 40 | |||||
Coors Brewing Co | 6.375% 15 May 2012 | 14,000 | 15 | |||||
Gnma Pool 373712 | 6.5% 15 Apr 2026 | 4,027 | 4 | |||||
Pearson Inc | 7.375% 15 Sep 2006 | 95,000 | 101 | |||||
Brunswick Corp | 7.375% 01 Sep 2023 | 140,000 | 156 | |||||
Landesbank Baden Wurttemberg | 5.125% 30 May 2007 | 100,000 | 104 | |||||
Financing Corp Cpn Fico Strips | 0.01% 06 Jun 2018 | 180,000 | 91 | |||||
At+T Broadband Corp | 8.375% 15 Mar 2013 | 25,000 | 31 | |||||
FHLMC TBA Jan 30 Gold Single | 5% 01 Dec 2099 | 2,000,000 | 1,987 | |||||
Countrywide Fdg Corp Mtn | 4.25% 19 Dec 2007 | 84,000 | 85 | |||||
Massachusetts Elec Co Secd Mtn | 7.39% 01 Oct 2027 | 85,000 | 92 | |||||
Fed Hm Ln Pc Pool G01477 | 6% 01 Dec 2032 | 168,641 | 174 |
18
CONSOL ENERGY INC. INVESTMENT PLAN FOR SALARIED EMPLOYEES EIN Number 51-0337383, Plan Number 002 Schedule H, Part IV, Line 4(i) Schedule of Assets Held for Investment Purposes at End of Year |
Supplemental Schedule |
(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) Number shares/units |
(e) Current (in 000s) | ||||
Lehman Bros Hldgs Inc | 4% 22 Jan 2008 | 84,000 | 85 | |||||
Bayerische Landesbank | 2.5% 30 Mar 2006 | 84,000 | 83 | |||||
Goldman Sachs Group Inc | 6.125% 15 Feb 2033 | 66,000 | 68 | |||||
Bk Austria Ag | 5.375% 28 Dec 2007 | 350,000 | 367 | |||||
Bear Stearns Cos Inc | 3% 30 Mar 2006 | 84,000 | 84 | |||||
Bayerische Landesbank Girozen | 5.375% 24 Sep 2007 | 150,000 | 157 | |||||
Hanson Australia Fdg Ltd | 5.25% 15 Mar 2013 | 58,000 | 59 | |||||
Kommuninvest I Sverige Ab | 0% 05 Jun 2006 | 180,000 | 172 | |||||
Fed Hm Ln Pc Pool C75494 | 6% 01 Jan 2033 | 974,288 | 1,007 | |||||
Fed Hm Ln Pc Pool C01549 | 6% 01 Apr 2033 | 485,023 | 501 | |||||
* |
Merrill Lynch + Co Inc. | 3.7% 21 Apr 2008 | 68,000 | 68 | ||||
Liberty Media Corp New | 5.7% 15 May 2013 | 70,000 | 70 | |||||
Comerica Inc | 4.8% 01 May 2015 | 80,000 | 78 | |||||
Massachusetss Mut Life Ins Co | 5.625% 15 May 2033 | 70,000 | 69 | |||||
Eurohypo Sa | 4.25% 24 Oct 2005 | 290,000 | 293 | |||||
Intl Bk Recon And Develop | 3.01% 29 Jul 2005 | 210,000 | 209 | |||||
Textron Finl Corp | 2.75% 01 Jun 2006 | 30,000 | 30 | |||||
Export Development Corporation | 6.4% 28 Nov 2005 | 220,000 | 227 | |||||
Royal Bank Of Scotland Grp Plc | 4.7% 03 Jul 2018 | 61,000 | 57 | |||||
Fnma Pool 555436 | 6% 01 May 2033 | 31,167 | 32 | |||||
Fnma Pool 555285 | 6% 01 Mar 2033 | 51,997 | 54 | |||||
Fed Hm Ln Pc Pool E60022 | 6.5% 01 Aug 2009 | 89,306 | 95 | |||||
Liberty Media Corp New | 3.5% 25 Sep 2006 | 60,000 | 60 | |||||
Fed Hm Ln Pc Pool C56016 | 6% 01 Mar 2031 | 227,611 | 235 | |||||
Empresa Nacional De Electricid | 8.625% 01 Aug 2015 | 50,000 | 60 | |||||
Federal Home Ln Mtg Corp | 2.125% 15 Nov 2005 | 190,000 | 189 | |||||
Altria Group Inc | 7% 04 Nov 2013 | 50,000 | 54 | |||||
Federal Home Ln Mtg Corp | 2.875% 15 Dec 2006 | 700,000 | 695 | |||||
Hutchison Whampoa Intl | 6.25% 24 Jan 2014 | 100,000 | 105 | |||||
FHLMC TBA Jan 30 Gold Single | 4.5% 31 Dec 2099 | 500,000 | 483 | |||||
Fed Hm Ln Pc Pool A15094 | 6% 01 Oct 2033 | 1,000,000 | 1,033 |
19
CONSOL ENERGY INC. INVESTMENT PLAN FOR SALARIED EMPLOYEES EIN Number 51-0337383, Plan Number 002 Schedule H, Part IV, Line 4(i) Schedule of Assets Held for Investment Purposes at End of Year |
Supplemental Schedule |
(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) Number shares/units |
(e) Current (in 000s) | |||||
Halliburton Co | 7.6% 15 Aug 2096 | 430,000 | 508 | ||||||
Federal Farm Cr Bks Cons Sys | 7.26% 02 May 2005 | 205,000 | 208 | ||||||
FNMA Pool 318107 | 7% 01 Aug 2025 | 1,261 | 1 | ||||||
FNMA Pool 414547 | 7% 01 Feb 2028 | 13,618 | 14 | ||||||
GNMA Ii Pool 318107 | 6% 20 Nov 2011 | 85,456 | 90 | ||||||
GNMA Pool 421692 | 6.5% 15 Feb 2026 | 5,656 | 6 | ||||||
GNMA Pool 422131 | 6.5% 15 Apr 2026 | 27,882 | 30 | ||||||
GNMA Pool 431373 | 6.5% 15 Sep 2026 | 22,074 | 23 | ||||||
Bank Nederlandse Gemeenten Nv | 4.23% 18 Apr 2006 | 400,000 | 405 | ||||||
Bombardier Inc | 7.45% 01 May 2034 | 100,000 | 85 | ||||||
International Fin Corp | 3.75% 30 Jun 2009 | 50,000 | 50 | ||||||
FNMA Pool 779002 | 5.5% 01 Jun 2034 | 1,225,510 | 1,245 | ||||||
Danske Bk A/S | 1% 29 Dec 2049 | 17,000 | 18 | ||||||
Fed Hm Ln Pc Pool A23452 | 5.5% 01 Jun 2034 | 142,749 | 145 | ||||||
Fed Hm Ln Pc Pool A23404 | 5.5% 01 Jun 2034 | 68,384 | 70 | ||||||
Fed Hm Ln Pc Pool A23810 | 6% 01 Jun 2034 | 199,875 | 207 | ||||||
Federal Funds Futures | 4-Dec | 2,500,200 | | ||||||
Fed Hm Ln Pc Pool A24451 | 5.5% 01 Jul 2034 | 406,982 | 414 | ||||||
United States Treas Bills | 1.885% 20 Jan 2005 | 160,000 | 159 | ||||||
Us Treas Notes 10Yr Futures | Mar-05 | 5,000,000 | | ||||||
Allstate Corp | 5% 15 Aug 2014 | 70,000 | 70 | ||||||
Fed Hm Ln Pc Pool A24560 | 5% 01 Jul 2034 | 272,238 | 271 | ||||||
Bellsouth Corp | 4.2% 15 Sep 2009 | 15,000 | 15 | ||||||
Federal Home Ln Bks | 2.625% 16 Oct 2006 | 160,000 | 158 | ||||||
Landwirtschaftliche Rentenbank | 3.25% 12 Oct 2007 | 80,000 | 80 | ||||||
Dbs Bk Ltd Singapore | 1% 15 Nov 2019 | 115,000 | 114 | ||||||
Deere John Cap Corp Mtn Bk Ent | 3.375% 01 Oct 2007 | 25,000 | 25 | ||||||
Fed Hm Ln Pc Pool A25914 | 6% 01 Aug 2034 | 2,999,702 | 3,101 | ||||||
U S Treas Bonds Futures | 5-Mar | 100,000 | | ||||||
U S Treas Bonds Futures | 5-Mar | (300,000 | ) | | |||||
Fed Hm Ln Pc Pool A17203 | 6% 01 Jan 2034 | 979,242 | 1,012 |
20
CONSOL ENERGY INC. INVESTMENT PLAN FOR SALARIED EMPLOYEES EIN Number 51-0337383, Plan Number 002 Schedule H, Part IV, Line 4(i) Schedule of Assets Held for Investment Purposes at End of Year |
Supplemental Schedule |
(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) Number shares/units |
(e) Current (in 000s) | |||||
Fed Hm Ln Pc Pool A15137 | 6% 01 Nov 2033 | 3,999,601 | 4,134 | ||||||
Fed Hm Ln Pc Pool A23500 | 6% 01 Jun 2034 | 1,000,000 | 1,034 | ||||||
Fed Hm Ln Pc Pool A19281 | 6% 01 Aug 2034 | 499,291 | 516 | ||||||
U S Treas Notes 5Yr Futures | 5-Mar | 5,000,000 | | ||||||
U S Treas Notes 5Yr Futures | 5-Mar | (11,000,000 | ) | | |||||
U S Treas Notes 2Yr Futures | 5-Mar | 14,000,000 | | ||||||
U S Treas Bonds Futures | FEB 113 CALL | (1,000 | ) | | |||||
U S Treas Notes 10Yr Ftrs | FEB 111 PUT | 1,000 | | ||||||
Jpmorgan Chase + Co | 4.5% 15 Jan 2012 | 120,000 | 119 | ||||||
Kroger Co | 4.95% 15 Jan 2015 | 70,000 | 70 | ||||||
Fed Funds Futures | MAR 97.5625 CALL | 8,334 | | ||||||
Fed Hm Ln Pc Pool A18524 | 6% 01 Feb 2034 | 2,000,001 | 2,067 | ||||||
Fed Hm Ln Pc Pool A25078 | 6% 01 Jul 2034 | 1,000,001 | 1,034 | ||||||
Fed Hm Ln Pc Pool A25792 | 6% 01 Aug 2034 | 1,000,001 | 1,034 | ||||||
Fed Hm Ln Pc Pool A27286 | 6% 01 Sep 2034 | 1,000,001 | 1,034 | ||||||
Federal Funds Futures | 5-May | 833,400 | | ||||||
Bellsouth Corp | 5.2% 15 Dec 2016 | 17,000 | 17 | ||||||
U S Treas Notes 10Yr Future | FEB 110 PUT | (1,000 | ) | | |||||
U S Treas Notes 10Yr Future | FEB 112 PUT | 1,000 | | ||||||
U S Treas Bonds Futures | FEB 112 CALL | (1,000 | ) | 1 | |||||
U S Treas Bonds Futures | FEB 111 PUT | 1,000 | | ||||||
Pacificorp | 6.71% 15 Jan 2026 | 400,000 | 453 | ||||||
Federal Home Ln Mtg Pc Gtd | 8% 25 Apr 2024 | 319,749 | 349 | ||||||
Federal Natl Mtg Assn Remic | 8.5% 25 Sep 2021 | 104,911 | 114 | ||||||
Federal Natl Mtg Assn | 7.603% 25 Dec 2038 | 523,199 | 606 | ||||||
Government Tr Ctfs | 0% 15 May 2011 | 2,380,000 | 1,824 | ||||||
Bgb Finance(Ire) | 7.125% 27 Feb 2012 | 500,000 | 562 | ||||||
I.B.R.D. World Bank | 5.5% 25 Nov 2013 | 181,000 | 197 | ||||||
Lb Hessen Thuringen Giro | 5.75% 10 May 2006 | 150,000 | 155 | ||||||
GNMA Pool 412234 | 6.5% 15 May 2026 | 23,230 | 25 | ||||||
GNMA Pool 373607 | 6.5% 15 Mar 2026 | 1,724 | 2 |
21
CONSOL ENERGY INC. INVESTMENT PLAN FOR SALARIED EMPLOYEES EIN Number 51-0337383, Plan Number 002 Schedule H, Part IV, Line 4(i) Schedule of Assets Held for Investment Purposes at End of Year |
Supplemental Schedule |
(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) Number shares/units |
(e) Current (in 000s) |
|||||||
GNMA Pool 424276 | 6.5% 15 Mar 2026 | 83,212 | 88 | ||||||||
United States Tres Sc Strp Int | 0% 15 Nov 2027 | 400,000 | 125 | ||||||||
GNMA Pool 457932 | 6% 15 Dec 2028 | 89,059 | 93 | ||||||||
CAN Finl Corp | 7.25% 15 Nov 2023 | 285,000 | 305 | ||||||||
GNMA Pool 412583 | 6.5% 15 Apr 2026 | 17,990 | 19 | ||||||||
GNMA Pool 413641 | 6.5% 15 Apr 2026 | 134,373 | 142 | ||||||||
Equitable Res Inc | 7.75% 15 Jul 2026 | 130,000 | 157 | ||||||||
Eurodollar Futures | 6-Jun | (500,000 | ) | | |||||||
Fnma Pool 526224 | 6% 01 Jul 2029 | 77,221 | 80 | ||||||||
Norsk Hydro A S | 7.15% 15 Nov 2025 | 125,000 | 148 | ||||||||
US Dollar | 211,962 | 212 | |||||||||
Various Receivables | 6,904 | ||||||||||
Various Insurance Companies | Synthetic Wrapper Agreements | (15,924 | ) | ||||||||
Total Stable Value Fund | 574,670 | ||||||||||
Common/collective trusts | |||||||||||
* |
Merrill Lynch | Equity Index Trust | 512,978 | 46,291 | |||||||
Common/collective trusts | |||||||||||
* |
Participant Loans | 4.00% to 9.50% | 14,449 | ||||||||
$ | 1,013,187 | ||||||||||
* | Indicates parties-in-interest |
22
Pursuant to the requirements of the Securities and Exchange act of 1934, the plan administrator of the CONSOL Energy Inc. Investment Plan for Salaried Employees has duly caused this annual report to be signed on its behalf by the undersigned, hereunto duly authorized, in Pittsburgh, Allegheny County, Commonwealth of Pennsylvania.
THE CONSOL ENERGY INC. INVESTMENT PLAN FOR SALARIED EMPLOYEES
Date: June 28, 2005 | By: | /s/ Patricia Malanos | ||
Patricia Malanos | ||||
Plan Administrator |
23