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, 2005
Commission
File Number 1-15401
ENERGIZER
HOLDINGS, INC.
SAVINGS
INVESTMENT PLAN
ENERGIZER
HOLDINGS, INC.
SAVINGS
INVESTMENT PLAN
INDEX
TO
FINANCIAL STATEMENTS
AND
ADDITIONAL INFORMATION
|
Page(s)
|
|
|
1
|
|
|
2
|
|
|
3
|
|
|
4-7
|
|
|
8
|
|
|
9
|
|
|
10
|
|
|
11
|
|
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, 2005 and
2004, 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
28,
2006
|
STATEMENT
OF NET ASSETS AVAILABLE FOR PLAN BENEFITS
|
||||||||
|
DECEMBER
31,
|
||||||||
|
(Dollars
in Thousands)
|
||||||||
|
2005
|
2004
|
|||||||
|
Assets
|
||||||||
|
Investments,
at fair value (Note 2)
|
||||||||
|
Vanguard
PRIMECAP Fund Investor Shares
|
$
|
19,715
|
$
|
17,368
|
||||
|
Shares
in
registered investment companies
|
77,034
|
60,395
|
||||||
|
Vanguard
Index Trust - 500 Portfolio
|
75,179
|
* |
72,468
|
* | ||||
|
Vanguard
Money Market Reserve Fund - Federal Portfolio
|
22,938
|
22,271
|
||||||
|
Vanguard
Small-Cap Index Fund Investor Shares
|
26,185
|
*
|
23,158
|
|||||
|
Vanguard
Wellington Fund Investor Shares
|
46,367
|
* |
41,113
|
* | ||||
|
Vanguard
Windsor II Fund Investor Shares
|
47,428
|
* |
40,326
|
* | ||||
|
Vanguard
Retirement Savings Trust
|
96,485
|
* |
98,024
|
* | ||||
|
Common
stock
- Energizer Holdings, Inc. Stock (Note 5)
|
89,411
|
* |
115,157
|
* | ||||
|
Common
stock
- Pfizer, Inc. Stock
|
-
|
18,114
|
||||||
|
Loans
to
participants
|
9,327
|
9,375
|
||||||
|
Total
Investments
|
510,069
|
517,769
|
||||||
|
Receivables
|
||||||||
|
Employer
contributions
|
34
|
223
|
||||||
|
Participant
contributions
|
105
|
798
|
||||||
|
Total
Receivables
|
139
|
1,021
|
||||||
|
Total
Assets
|
$
|
510,208
|
$
|
518,790
|
||||
|
Liabilities
|
||||||||
|
Accrued
administrative expenses
|
28
|
46
|
||||||
|
Total
Liabilities
|
$
|
28
|
$
|
46
|
||||
|
Net
Assets Available for Plan Benefits
|
$
|
510,180
|
$
|
518,744
|
||||
|
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, 2005
|
December
31, 2004
|
||||||
|
Additions
To Net Assets Attributed To:
|
|||||||
|
Interest
income
|
$
|
541
|
$
|
1,526
|
|||
|
Dividend
income
|
14,625
|
9,764
|
|||||
|
Net
appreciation in the fair value of investments
|
11,829
|
44,883
|
|||||
|
26,995
|
56,173
|
||||||
|
Contributions
|
|||||||
|
Employer
|
5,151
|
5,305
|
|||||
|
Participant
|
18,830
|
19,054
|
|||||
|
23,981
|
24,359
|
||||||
|
Total
Additions
|
50,976
|
80,532
|
|||||
|
Deductions
From Net Assets Attributed To:
|
|||||||
|
Benefits
paid
|
59,516
|
38,063
|
|||||
|
Administrative
expenses
|
24
|
31
|
|||||
|
Total
Deductions
|
59,540
|
38,094
|
|||||
|
Net
(Decrease)/Increase
|
(8,564
|
)
|
42,438
|
||||
|
Asset
transfers in/(out)
|
-
|
196
|
|||||
|
Net
Assets Available for Plan Benefits
|
|||||||
|
Beginning
of
year
|
518,744
|
476,110
|
|||||
|
End
of
year
|
$
|
510,180
|
$
|
518,744
|
|||
|
See
Notes to
Financial Statements
|
|||||||
SAVINGS
INVESTMENT PLAN
NOTES
TO
FINANCIAL STATEMENTS
DECEMBER
31, 2005
(Dollars
in
thousands, unless otherwise stated)
NOTE
1 -
Description of the Plan
The
following is a
summary description of the Energizer Savings Investment Plan (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 Energizer Holdings, Inc. (the 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. Prior to April 1, 2005, employees were eligible
to voluntarily participate as of the first day of employment (when
administratively feasible) and could contribute to the Plan upon
enrollment.
Effective
April 1,
2005, employees are automatically enrolled as Plan participants following
30
days of employment, unless they opt out of participation within 30 days or
elect, if administratively feasible, to begin participation earlier. Under
the
automatic enrollment process, contribution levels and investment choices
are
pre-determined, unless employees take action to increase/decrease contributions
or change investment direction.
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. Employees who are automatically enrolled in the Plan (beginning on
and
after April 1, 2005) contribute 6% on a before-tax basis, unless they take
action to change the contribution percentage. 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. Employees who are
automatically enrolled in the Plan (beginning on and after April 1, 2005)
who
take no action to change the automatic enrollment choice contribute 1% 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 $42 or 100% of the participants’ compensation as
defined by the Plan for the calendar year 2005.
Investment
Options
- January
1,
2004 through February 14, 2005
- All participant
contributions were 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 was directed to the
Energizer ESOP Common Stock Fund (ENR Stock Fund). The Company match could
not
be transferred to any other investment funds, except as provided by the
diversification provision of the Plan applicable to participants who had
attained age 55 and completed ten years of Plan participation. If these
requirements were met, up to 50% of the Company match could be diversified
per
year. A participant’s contributions invested in the ENR Stock Fund were fully
diversifiable into other funds within the Plan, with the exception of Pfizer,
Inc., stock. Participants could also transfer amounts from other investment
funds into the ENR Stock Fund. Investment of the 50% Company match changed
in
2005 as discussed below.
Investment
Options Beginning With Payrolls Produced Since February 15,
2005
- 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
same investment funds and allocations as the participant has selected for
his/
her before-tax contributions of up to 6%.
Investment
Options for Schick-Wilkinson Sword (SWS) Participants
- 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 were different than the diversification
provisions applicable to the Energizer Company match. The Pfizer Company
match
and all other Pfizer stock were transferred to other investment funds by
March
28, 2005.
For
SWS
participants who invested in Pfizer stock as part of the Pfizer Savings Plan,
participants could exchange out of the Pfizer Stock Fund into other funds
offered under the Plan, but could not 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 were reinvested in
accordance with the SWS participant’s investment directions, or, if no such
directions had 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.
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% of the vested amount in the
participant’s account or $50, reduced by the highest outstanding participant
loan balance in the one year period ending immediately before the date of
the
new loan. The minimum loan amount is one thousand dollars. 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, if not repaid, will be subtracted from the participant’s final
distribution.
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 $81 and $57 for the
years ended December 31, 2005 and 2004, 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 - Energizer Battery
|
|
Geraldine
S.
Auger
|
Vice
President, HR Programs
|
|
Michael
Cummings
|
Vice
President, Global Operations - Schick-Wilkinson
Sword
|
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. 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. Units of the Retirement Savings Trust
are
valued at net asset value 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.
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 was officially under the management of Vanguard Retirement
Savings Trust, since 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, 2005 and 2004,
the
Plan held shares of ENR Stock with a market value of $89,411 and $115,157
respectively. Of these shares, the Plan purchased $58,746 and sold $88,719
of
ENR Stock for the year ended December 31, 2005 and for the year ended December
31, 2004, the Plan purchased $18,185 and sold $22,289.
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 $411,331 and
$375,123 of investment funds and short-term investments at December 31, 2005
and
2004, respectively. Of these investments, the Plan purchased $98,296 and
sold
$68,881 for the year ended December 31, 2005 and for the year ended December
31,
2004, the Plan purchased $62,868 and sold $45,323.
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 was not warranted due
to that
event. 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
$0
and $33,282 at December 31, 2005 and 2004, 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,
2005
|
December
31,
2004
|
||||||
|
Changes
in
Net Assets:
|
|||||||
|
Contributions
|
$
|
458
|
$
|
5,305
|
|||
|
Net
appreciation/(depreciation)
|
7,064
|
7,506
|
|||||
|
Benefits
paid
|
(396
|
)
|
(1,393
|
)
|
|||
|
Transfers
to
participant-directed investments
|
(40,408
|
)
|
(360
|
)
|
|||
|
Other
|
0
|
(5
|
)
|
||||
|
Total
|
$
|
(33,282
|
)
|
$
|
11,053
|
||
As
stated earlier, during plan year 2005, the Company removed the exchange
restriction previously in place on the restricted portion of the Energizer
Stock
Fund in the Plan effective February 15, 2005. Likewise, 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 were 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 were required to transfer investments in the Pfizer
Stock Fund to other investment funds of the Plan before March 28, 2005.
At
December 31, 2005 and 2004, the Pfizer Stock Fund represented 0% and 3% of
the
total plan assets, respectively.
NOTE
7 -
Investments
For
the year ended
December 31, 2005 and 2004, the Plan’s investments, including Plan investments
held by Vanguard, appreciated by $11,829 and $44,883 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,
2005
|
Year
ended
December
31,
2004
|
||
|
Net
Appreciation/(Depreciation) in Fair Market Value
|
|
|
|
|
Vanguard
Index Trust - 500 Portfolio
|
$
2,157
|
$5,801
|
|
|
Vanguard
Wellington Fund Investor Shares
|
233
|
1,757
|
|
|
Vanguard
Windsor II Fund Investor Shares
|
858
|
5,385
|
|
|
Vanguard
Small-Cap Index Fund Investor Shares
|
1,552
|
0
|
|
|
Energizer
Holdings, Inc. Common Stock
|
4,227
|
29,397
|
|
|
Pfizer,
Inc.
Common Stock
|
(728)
|
(7,780)
|
|
|
Other
|
3,530
|
10,323
|
|
|
$11,829
|
$44,883
|
NOTE
8 -
Form 5500
For
the year ended
December 31, 2005 and 2004, there were no reconciling items between the Plan
and
Form 5500.
|
DECEMBER
31, 2005
|
||||
|
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
|
$
17,146
|
$
19,715
|
|
*
|
Vanguard
Group
|
500
Index
Portfolio
|
75,584
|
75,179
|
|
*
|
Vanguard
Group
|
Money
Market
Reserve Fund - Federal Portfolio
|
22,937
|
22,938
|
|
*
|
Vanguard
Group
|
Wellington
Fund
|
43,603
|
46,367
|
|
*
|
Vanguard
Group
|
Windsor
II
Fund
|
41,380
|
47,428
|
|
*
|
Vanguard
Group
|
International
Growth Fund
|
18,384
|
20,906
|
|
*
|
Vanguard
Group
|
Small
Cap
Index Fund
|
20,570
|
26,185
|
|
*
|
Vanguard
Group
|
Explorer
Fund
|
8,323
|
9,571
|
|
*
|
Vanguard
Group
|
Bond
Market
Index
|
13,151
|
12,977
|
|
*
|
Vanguard
Group
|
LifeStrategy
Conservative Growth Fund
|
5,540
|
5,828
|
|
*
|
Vanguard
Group
|
LifeStrategy
Growth Fund
|
11,179
|
12,013
|
|
*
|
Vanguard
Group
|
LifeStrategy
Income Fund
|
3,749
|
3,842
|
|
*
|
Vanguard
Group
|
LifeStrategy
Moderate Growth Fund
|
11,297
|
11,897
|
|
Total
Investment in Shares in Registered Investment Company
|
292,843
|
314,846
|
||
|
*
|
Vanguard
Group
|
Vanguard
Retirement Saving Trust (Common/Collective Trust)
|
96,485
|
96,485
|
|
Total
Investment in Common/Collective Trust
|
96,485
|
96,485
|
||
|
*
|
Energizer
Holdings, Inc.
|
ESOP
Common
Stock - Participant directed
|
62,020
|
89,411
|
|
Total
Investment in Common Stock
|
62,020
|
89,411
|
||
|
*
|
Participant
Loans
|
Notes
Receivable from Participants (various maturity dates, 4.75% to
10.50%
interest)
|
-
|
9,327
|
|
$
451,348
|
$
510,069
|
|||
|
*
Investment
represents allowable transaction with a party-in-interest.
|
||||
|
SCHEDULE
H, LINE 4j - SCHEDULE OF REPORTABLE TRANSACTIONS
*
|
||||||||
|
ENERGIZER
HOLDINGS, INC. SAVINGS INVESTMENT PLAN (EIN
43-1863181)
|
||||||||
|
Year
Ended December 31, 2005
|
||||||||
|
(a)
|
(b)
|
(c)
|
(d)
|
(e)
|
(f)
|
(g)
|
(h)
|
(i)
|
|
Identity
of
Party
Involved
|
Description
of Asset
(Include
interest rate and
maturity
in the case of a loan)
|
Purchase
Price
|
Selling
Price
|
Lease
Rental
|
Expense
Incurred
with Transaction
|
Cost
of Asset
|
Current
Value
of
Asset on Transaction Date
|
Net
Gain(Loss)
|
|
Vanguard
Group
|
Vanguard
Retirement Savings Trust
|
$
31,051,167
|
$ -
|
$
-
|
$
31,051,167
|
$
-
|
||
|
Vanguard
Group
|
Vanguard
Retirement Savings Trust
|
32,589,875
|
-
|
-
|
32,589,875
|
32,589,875
|
-
|
|
|
Vanguard
Group
|
Energizer
ESOP CS Restricted
|
693,441
|
-
|
-
|
693,441
|
-
|
||
|
Vanguard
Group
|
Energizer
ESOP CS Restricted
|
40,817,118
|
-
|
-
|
19,679,579
|
40,817,118
|
21,137,540
|
|
|
Vanguard
Group
|
Energizer
ESOP CS Unrestricted
|
58,053,024
|
-
|
-
|
58,053,024
|
-
|
||
|
Vanguard
Group
|
Energizer
ESOP CS Unrestricted
|
47,901,978
|
-
|
-
|
30,894,975
|
47,901,978
|
17,007,003
|
|
|
*
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,
2006