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
(Mark One):
[X] ANNUAL REPORT PURSUANT TO SECTION 15(D) OF THE SECURITIES EXCHANGE ACT OF
1934 [NO FEE REQUIRED].
For the year ended December 31, 2000
OR
[ ] TRANSITION REPORT PURSUANT TO SECTION 15(D) OF THE SECURITIES EXCHANGE ACT
OF 1934 [NO FEE REQUIRED].
For the transition period from ________________ to ________________
Commission file number 1-3506
A. Full title of the plan and the address of the plan, if different from that
of the issuer named below: Unisource Worldwide, Inc. Retirement Savings
Plan.
B. Name of issuer of the securities held pursuant to the plan and the address
of its principal executive office: Georgia-Pacific Corporation, 133
Peachtree Street, N.E., Atlanta, Georgia 30303.
Unisource Worldwide, Inc.
Retirement Savings Plan
Financial Statements and Schedule
as of December 31, 2000 and 1999
Together With Auditors' Report
UNISOURCE WORLDWIDE, INC.
RETIREMENT SAVINGS PLAN
FINANCIAL STATEMENTS AND SCHEDULE
December 31, 2000 and 1999
TABLE OF CONTENTS
REPORT OF INDEPENDENT PUBLIC ACCOUNTANTS
FINANCIAL STATEMENTS
Statements of Net Assets Available for Plan Benefits--December 31, 2000 and
1999
Statement of Changes in Net Assets Available for Plan Benefits for the Year
Ended December 31, 2000
NOTES TO FINANCIAL STATEMENTS AND SCHEDULE
SCHEDULE SUPPORTING FINANCIAL STATEMENTS
Schedule I: Schedule H, Line 4i--Schedule of Assets (Held at End of Year)
--December 31, 2000
REPORT OF INDEPENDENT PUBLIC ACCOUNTANTS
To the Participants of the
Unisource Worldwide, Inc.
Retirement Savings Plan:
We have audited the accompanying statements of net assets available for plan
benefits of the UNISOURCE WORLDWIDE, INC. RETIREMENT SAVINGS PLAN as of December
31, 2000 and 1999 and the related statement of changes in net assets available
for plan benefits for the year ended December 31, 2000. These financial
statements and the schedule referred to below are the responsibility of the
Plan's management. Our responsibility is to express an opinion on these
financial statements and the schedule based on our audits.
We conducted our audits in accordance with auditing standards generally accepted
in the 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. An
audit also includes assessing the accounting principles used and significant
estimates made by management as well as evaluating the overall financial
statement presentation. We believe that our audits provide a reasonable basis
for our opinion.
In our opinion, the financial statements referred to above present fairly, in
all material respects, the net assets available for plan benefits of the
Unisource Worldwide, Inc. Retirement Savings Plan as of December 31, 2000 and
1999 and the changes in its net assets available for plan benefits for the year
ended December 31, 2000 in conformity with accounting principles generally
accepted in the United States.
Our audits were made for the purpose of forming an opinion on the basic
financial statements taken as a whole. The schedule of assets (held at end of
year) as of December 31, 2000 is presented for purposes of additional analysis
and is not a required part of the basic financial statements but is
supplementary information required by the Department of Labor Rules and
Regulations for Reporting and Disclosure under the Employee Retirement Income
Security Act of 1974. The schedule has been subjected to the auditing
procedures applied in the audits of the basic financial statements and, in our
opinion, is fairly stated in all material respects in relation to the basic
financial statements taken as a whole.
/s/ Arthur Andersen LLP
Atlanta, Georgia
June 8, 2001
UNISOURCE WORLDWIDE, INC.
RETIREMENT SAVINGS PLAN
STATEMENTS OF NET ASSETS AVAILABLE FOR PLAN BENEFITS
December 31, 2000 and 1999
2000 1999
------------ ------------
ASSETS:
Contributions receivable:
Employer $ 407,568 $ 601,496
Participants 755,200 738,268
------------ ------------
Total contributions receivable 1,162,768 1,339,764
------------ ------------
Investments, at market value:
Interest in master trusts 18,129,014 0
Mutual funds 303,479,460 263,083,685
Common stock 4,901,404 17,645,249
Guaranteed investment contracts 8,093,805 70,985,829
Participant loans 7,863,088 8,335,698
------------ ------------
Total investments 342,466,771 360,050,461
------------ ------------
Accrued income 2,566 30,313
------------ ------------
Prepaid expenses 172,286 283,187
------------ ------------
Due to brokers (104,845) 0
------------ ------------
NET ASSETS AVAILABLE FOR PLAN BENEFITS $343,699,546 $361,703,725
============ ============
The accompanying notes are an integral part of these statements.
UNISOURCE WORLDWIDE, INC.
RETIREMENT SAVINGS PLAN
STATEMENT OF CHANGES IN NET ASSETS AVAILABLE FOR PLAN BENEFITS
FOR THE YEAR ENDED DECEMBER 31, 2000
INVESTMENT LOSS:
Interest on investments $ 13,853,781
Net depreciation in market value of investments (34,247,233)
Net loss from master trusts (695,004)
Interest on participant loans 676,633
------------
Total investment loss (20,411,823)
------------
CONTRIBUTIONS:
Participants 24,160,322
Employer 11,298,945
------------
Total contributions 35,459,267
------------
AMOUNTS DISTRIBUTED TO PARTICIPANTS (32,916,139)
------------
FEES (135,484)
------------
NET DECREASE (18,004,179)
NET ASSETS AVAILABLE FOR PLAN BENEFITS, beginning of year 361,703,725
------------
NET ASSETS AVAILABLE FOR PLAN BENEFITS, end of year $343,699,546
============
The accompanying notes are an integral part of this statement.
UNISOURCE WORLDWIDE, INC.
RETIREMENT SAVINGS PLAN
NOTES TO FINANCIAL STATEMENTS AND SCHEDULE
DECEMBER 31, 2000 AND 1999
1. ORGANIZATION AND PLAN DESCRIPTION
The following description of the Unisource Worldwide, Inc. Retirement
Savings Plan provides only general information. Participants should refer to
the official plan documents for complete information.
Plan Description
On June 19, 1996, Alco Standard Corporation announced that it would separate
Unisource Worldwide, Inc. (the "Company" or the "Employer"), its printing
and imaging and supply systems distribution business, from IKON Office
Solutions, Inc. ("IKON"), its office solutions business, with each business
operating as a stand-alone, publicly-traded company. Following the spin-off
of the Company, which was completed on December 31, 1996, the Company
established the Unisource Worldwide, Inc. Retirement Savings Plan (the
"Plan") covering all nonunion eligible employees of the Company, effective
January 1, 1997.
The Company and Georgia-Pacific Corporation ("G-P") merged during 1999, at
which time G-P acquired all outstanding shares of the Company. Subsequent to
the merger, the Company still conducted business under its existing name as
a separate subsidiary of Georgia-Pacific Group, the pulp, paper, and
building products business of G-P. The merger had no effect on the Plan or
its administration except as discussed below.
The Plan is a defined contribution plan subject to the provisions of the
Employee Retirement Income Security Act of 1974, as amended. Eligible
employees may elect to participate in the Plan on the first date of the
month following the completion of three full calendar months of service.
Vanguard Fiduciary Trust Company is the trustee and custodian of the Plan.
Contributions
The Plan allows participants to contribute from 1% to 16% of their annual
compensation, as defined by the Plan. Contributions are limited by the
maximum amount allowable under the Internal Revenue Code ("IRC").
Participants are immediately vested in their contributions.
The Employer contributes an amount equal to two-thirds of the first 6% of
annual compensation that a participant contributes to the Plan. The
Employer's contribution vests with the participant at 25% per year beginning
with the participant's second year of service so that full vesting occurs
after five years of service. The participant is also fully vested in the
Employer's contributions upon position termination due to permanent shutdown
of plant or department, total and permanent disability, attainment of age
59 1/2, or death.
In association with the acquisition by G-P, the Plan was amended to provide
that employer matching contributions would no longer be made in the
Company's common stock. Participants were permitted to direct the investment
of the matching contribution to any of the current fund options other than
the IKON common stock fund.
-2-
The Plan allows participant contributions, and any investment income earned
thereon, to be allocated between any of the available investment funds.
Participants may change investment allocations at any time. Additional
investments in IKON common stock and Unisource Stable Value Fund are not
permitted.
Contributions are transferred to the trustee twice a month and invested in
the Vanguard Treasury Money Market Fund until they can be credited to
participants' accounts and invested in accordance with participants'
investment elections. Earnings on the short-term investments are allocated
to participants' accounts once each year.
Participant Loans
The Plan allows participants currently employed by the Company to obtain
loans equal to the lesser of $50,000 or 50% of their total vested account
balances. Loans bear interest at a rate equal to the prime lending rate plus
one at the date of origination of the loan. Loan repayments are generally
made through payroll deductions and normally must be repaid within a five-
year term unless the loan was used to purchase a primary residence, which
could extend the term to 15 years. Loans become due and payable in full once
a participant terminates employment. Interest rates ranged from 3.5% to
13.35% during the year ended December 31, 2000.
Withdrawals and Termination
In the event of a participant's death, attainment of age 59 1/2, or
disability, the participant or his/her beneficiary may elect to receive
his/her entire account balance. If termination occurs for other reasons,
only vested amounts are distributed to the participant, and nonvested
amounts are forfeited. Such forfeitures are used to reduce the Company's
future contributions. If a former participant returns to the employment of
the Company within five years of the termination date, and if the full
amount of the distribution received is repaid, previously forfeited amounts
are reinstated to the participant's account.
Forfeitures
Forfeitures resulting from separation of service are held in the Plan and
serve to reduce future employer contributions. Forfeitures used for the year
ended December 31, 2000 were $271,791. As of December 31, 2000 and 1999,
forfeited account balances are $377,503 and $3,485, respectively.
2. SIGNIFICANT ACCOUNTING POLICIES
Basis of Accounting
The accompanying financial statements have been prepared on the accrual
basis.
Effective January 1, 1999, the Plan has adopted the American Institute of
Certified Public Accountants Statement of Position 99-3, "Accounting for and
Reporting of Certain Defined Contribution Plan Investments and Other
Disclosure Matters." This standard establishes new disclosure requirements
for defined contribution plans.
Investment Valuation and Income
The market value of IKON common stock is determined by use of the last
reported sales price on the last business day of the year, as reported on a
national securities exchange.
Cash equivalents are valued at cost, which is equal to market value. All
highly liquid investments with maturities of three months or less when
purchased are considered to be cash equivalents.
The guaranteed investment contracts held in the Stable Value Fund are valued
at contract value, which approximates fair value, as established by the
issuing financial institution. Contract value represents
-3-
contributions made under the contract, plus interest at the contract rate
less funds used for withdrawals. Contract interest rates ranged from 6.23%
to 6.7% for the years ended December 31, 2000 and 1999, respectively.
Investments in mutual funds are stated at fair market value, which is
determined on the last day of the plan year based on the portfolio of
investments owned by the particular funds on that date. Participant loans
are valued at their outstanding balances, which approximate fair value.
Purchases and sales of securities are recorded on a trade date basis.
Investment income is recorded as earned. Dividend income is recorded on the
ex-dividend date.
The Plan presents in the statement of changes in net assets available for
plan benefits the net depreciation in fair value of investments, which
consists of the realized gains (losses) and the change in unrealized
appreciation (depreciation) on those investments.
Use of Estimates
The preparation of financial statements in conformity with accounting
principles generally accepted in the United States requires the plan
administrator to make estimates and assumptions that affect the amounts
reported in the financial statements and accompanying notes. Actual results
could differ from those estimates and assumptions.
3. INCOME TAX STATUS
The Internal Revenue Service issued a determination letter dated October 5,
1999 stating that the Plan was designed in accordance with applicable IRC
requirements as of that date. Although the Plan has been amended since
receiving the determination letter, the plan administrator believes that the
Plan is currently designed and being operated in compliance with the
applicable requirements of the IRC. The plan administrator believes that the
Plan was qualified and the related trust was tax-exempt as of the financial
statement dates.
4. INVESTMENTS
Investment Options
Assets held under the Plan were invested by the Trustee, as directed by the
participants, in one or more of the following investment options:
Fixed Income Options
The general investment objective for these options is to provide a high
level of current income.
The Vanguard Short-Term Treasury Fund is principally invested in short-
term government bills, notes, and bonds and has an average maturity of
two to three years.
The Vanguard Total Bond Market Index Fund invests in U.S. government
bonds, high-quality corporate bonds, and mortgage-backed securities. The
objective of the Vanguard Total Bond Market Index Fund is to approximate
the performance of the Lehman Brothers Aggregate Bond Index.
The Loomis Sayles Bond Fund--Institutional Class is invested in bonds,
including corporate and convertible bonds. This fund seeks to provide
high total investment return through a combination of current income and
capital appreciation.
-4-
Company Stock Options
The following three company stock funds are available as investment
options:
The Georgia-Pacific Group Stock Fund is invested principally in shares
of Georgia-Pacific Corporation--Georgia-Pacific Group Common Stock
("Common Stock").
The Georgia-Pacific Timber Stock Fund is invested principally in shares
of Georgia-Pacific Corporation--Timber Group Common Stock.
The IKON Office Solutions, Inc. Stock Fund ("IKON Stock Fund") is
invested principally in shares of IKON Office Solutions, Inc. A portion
of a participant's account may be currently invested in the IKON Stock
Fund. This fund is a "frozen" investment fund. No new contributions or
transfers may be made to a frozen fund. A participant may transfer money
from the IKON Stock Fund into any other investment fund in accordance
with the normal rules of investment election changes as stated in the
plan document.
Balanced Options
The objectives of these options are to conserve principal, to pay
current income, and to achieve long-term growth of principal and income
by investing in a combination of stocks, bonds, and cash reserves.
The Vanguard Balanced Index Fund is invested in two Vanguard funds: 60%
in a stock fund and 40% in a bond fund. This option seeks to provide
income and long-term growth of capital.
The Vanguard LifeStrategy Growth Fund is invested in four Vanguard
funds: a stock fund, an international stock fund, a bond fund, and an
asset allocation fund. This fund seeks to provide long-term growth of
capital and income.
The Vanguard LifeStrategy Income Fund is invested in four Vanguard
funds: a stock fund, two bond funds, and an asset allocation fund. This
fund seeks to provide a high level of income.
The Vanguard LifeStrategy Conservative Growth Fund is invested in five
Vanguard funds: a stock fund, an international stock fund, two bond
funds, and an asset allocation fund. This fund seeks to provide a high
level of income and a moderate long-term growth of capital.
The Vanguard LifeStrategy Moderate Growth Fund is invested in four
Vanguard funds: an international stock fund, a stock fund, a bond fund,
and an asset allocation fund. This fund seeks to provide a reasonable
level of income and long-term growth of capital.
Growth and Income Options
The goal of these options is to achieve long-term growth of principal
and income and reasonable current income.
The Vanguard 500 Index Fund is invested in all of the 500 stocks
included in the Standard & Poor's 500 Composite Stock Price Index in
approximately the same proportion as represented in the index. The
objective of this fund is to approximate the performance of the Standard
& Poor's 500 Composite Stock Price Index.
The Vanguard Total Stock Market Index Fund is invested in a large sample
of stocks that match certain characteristics of the Wilshire 5000 Equity
Index. The investment objective of this fund is to provide long-term
growth of capital and income.
-5-
The Vanguard Windsor II Fund is invested in a diversified group of out-
of-favor stocks of large capitalization companies. This fund's objective
is to provide long-term growth of capital and income from dividends.
Growth Options
The objective of these options is to achieve long-term growth of
capital; dividend income is incidental.
The Vanguard Extended Market Index Fund seeks to match the performance
of the Wilshire 4500 Equity Index. This fund seeks to provide long-term
growth of capital.
The Vanguard PRIMECAP Fund is invested in stocks of companies with
above-average prospects for continued earnings growth, strong industry
positions, and skilled management teams. This fund seeks to provide
long-term growth of capital.
Aggressive Growth Option
The goal of this option is to achieve maximum long-term capital growth
by investing in stocks of small companies or narrow market segments.
The Vanguard Small-Cap Index Fund is invested in a large sample of
stocks that match certain characteristics of the Russell 2000 Index
Stocks. This fund seeks to provide long-term growth of capital.
Money Market Option
The goal of this option is to provide maximum current income consistent
with preservation of capital and liquidity.
The Vanguard Treasury Money Market Fund is invested exclusively in U.S.
government obligations.
International Option
The goal of this option is to achieve long-term growth of capital by
investing in the stocks of companies located outside the United States.
The Vanguard International Growth Fund invests primarily in the stocks
of companies based outside the United States. This fund seeks to provide
long-term capital appreciation.
Stable Value Fund
The Stable Value Fund invests in guaranteed investment contracts and
Vanguard Treasury Money Market Fund. A portion of the participant's
account may be currently invested in the Stable Value Fund. This fund is
a "frozen" investment fund. No new contributions or transfers may be
made to a frozen fund. A participant may transfer money from the Stable
Value Fund into any other investment fund in accordance with the normal
rules of investment election changes as stated in the plan document.
-6-
Significant Investments
Individual investments that represent 5% or more of the fair value of net
assets available for plan benefits are as follows as of December 31, 2000
and 1999:
2000 1999
----------- -----------
Georgia-Pacific Group Stock Fund Master Trust $17,768,586 N/A
Vanguard Balanced Index Fund 22,892,569 $ 26,215,175
Vanguard 500 Index Fund 82,335,533 102,824,953
Vanguard Total Stock Market Index Fund 37,515,798 46,923,016
Vanguard PRIMECAP Fund 21,107,088 N/A
Vanguard International Growth Fund 19,560,652 23,324,526
Vanguard Treasury Money Market Fund 70,378,496 49,482,443
The following table summarizes the net depreciation from investments for the
year ended December 31, 2000:
Mutual funds $(24,785,005)
Common stock (9,462,228)
------------
Total $(34,247,233)
============
5. MASTER TRUSTS
Effective June 8, 1994, the assets of the Georgia-Pacific Stock Fund were
transferred into the Georgia-Pacific Stock Fund Master Trust (the "Master
Trust"). The Master Trust was established to hold, administer, and invest
the assets of the Georgia-Pacific Stock Fund of certain defined contribution
plans qualified under Internal Revenue Code Section 401(k) and are
administered by Georgia-Pacific Corporation.
On December 16, 1997, the shareholders of Georgia-Pacific Corporation
approved the conversion of all Georgia-Pacific Common Stock into Georgia-
Pacific Corporation--Georgia-Pacific Group Common Stock and to distribute
one share of a new class of common stock, Georgia-Pacific Corporation--
Timber Group Common Stock. As a result, the assets of the Master Trust were
transferred on a pro rata basis into the newly created Georgia-Pacific Group
Stock Fund Master Trust ("Group Master Trust") and the Georgia-Pacific
Timber Stock Fund Master Trust ("Timber Master Trust").
The market values of the master trusts are allocated to the individual
participating plans based on the relative value of the assets of each plan.
Interest income, dividends, and gains and losses (both realized and
unrealized) are allocated daily to the individual participating plans based
on the relative market values at the beginning of each day.
The Plan's interest in the Group Master Trust as of December 31, 2000 and
for the year then ended is approximately 4%. A summary of the Group Master
Trust as of December 31, 2000 is shown below:
-7-
Investments, at market:
Georgia-Pacific Corporation--Georgia-Pacific Group Common
Stock $380,478,505
Vanguard Treasury Money Market Fund 4,045,492
------------
Total investments 384,523,997
------------
Receivables:
Interest 16,656
Other receivables 679,748
------------
Total receivables 696,404
------------
Less payables 4,054,729
------------
Net assets of the Group Master Trust $381,165,672
============
A summary of the net investment activity of the Group Master Trust, which
comprises the net investment loss for all participating plans for the year
ending December 31, 2000, is shown below:
Interest and dividends $ 5,209,298
Net depreciation in market value of common stock (106,911,424)
Investment expense (134,316)
-------------
Net investment loss from the Group Master Trust $(101,836,442)
=============
The Plan's interest in the assets of the Timber Master Trust as of December
31, 2000 and for the year then ended is approximately 1%. A summary of the
Timber Master Trust as of December 31, 2000 is shown below:
Investments, at market:
Georgia-Pacific Corporation--Timber Group Common Stock $46,228,979
Vanguard Treasury Money Market Fund 487,389
-----------
Total investments 46,716,368
-----------
Receivables:
Interest 3,040
Other receivables 11
-----------
Total receivables 3,051
-----------
Less payables 77,287
-----------
Net assets of the Timber Master Trust $46,642,132
===========
A summary of the net investment activity of the Timber Master Trust, which
comprises the net investment gain for all participating plans for the year
ending December 31, 2000, is shown below:
Interest and dividends $ 1,704,640
Net appreciation in market value of common stock 8,378,081
Investment expense (42,424)
-----------
Net investment gain from the Timber Master Trust $10,040,297
===========
6. PLAN TERMINATION
While the Employer has not expressed any intent to discontinue the Plan,
continuance is not assumed as a contractual obligation, and any such
discontinuance is subject to the provisions of the Employee Retirement
Income Security Act of 1974, as amended. In the event such discontinuance
results in the termination of the Plan, the Plan provides that each
participant shall be fully vested in his/her account, and payments of such
amounts will be made by the trustee as directed by the plan committee.
-8-
7. RECONCILIATION TO THE FORM 5500
The Plan's net assets available for plan benefits at December 31, 2000 and
1999 include $2,859,818 and $1,475,725, respectively, for participants who
have elected distributions but have not yet been paid. In the Plan's Form
5500 for the years ended December 31, 2000 and 1999, these amounts are
reflected as benefit claims payable and are included in benefit payments to
participants or beneficiaries.
8. RELATED-PARTY TRANSACTIONS
Certain plan investments are shares of mutual funds managed by Vanguard
Fiduciary Trust Company, the trustee of the Plan. As such, these
transactions qualify as party-in-interest transactions. Fees paid by the
Plan for investment management services amounted to approximately $24,583
for the year ended December 31, 2000.
9. SUBSEQUENT EVENTS
Effective April 1, 2001, the Plan will merge into the Georgia-Pacific
Corporation Salaried 401(k) Plan ("G-P Salaried Plan"). All assets and
liabilities of the Plan will be transferred to the G-P Salaried Plan, and no
employee will become a participant in the Plan on or after April 1, 2001.
SCHEDULE I
UNISOURCE WORLDWIDE, INC.
RETIREMENT SAVINGS PLAN
SCHEDULE H, LINE 4I---SCHEDULE OF ASSETS (HELD AT END OF YEAR)
DECEMBER 31, 2000
Shares
or Face Current
Description of Investment Amount Cost Value
---------------------------------------------- --------- ---- -------
FIXED INCOME OPTIONS:
* Vanguard Short-Term Treasury Fund 151,948 (a) $ 1,560,507
* Vanguard Total Bond Market Index Fund 249,400 (a) 2,484,026
Loomis Sayles Bond Fund--Institutional Class 32,508 (a) 359,539
------------
Total fixed income options 4,404,072
------------
COMPANY STOCK OPTIONS:
* Georgia-Pacific Group Stock Fund Master Trust 1,918,398 (a) 17,768,586
* Georgia-Pacific Timber Stock Fund Master Trust 81,971 (a) 360,428
* IKON Office Solutions, Inc. Stock Fund 7,658,443 (a) 4,901,404
------------
Total company stock options 23,030,418
------------
BALANCED OPTIONS:
* Vanguard Balanced Index Fund 1,199,820 (a) 22,892,569
* Vanguard LifeStrategy Growth Fund 204,293 (a) 4,002,102
* Vanguard LifeStrategy Income Fund 30,991 (a) 402,894
* Vanguard LifeStrategy Conservative Growth Fund 58,843 (a) 865,001
* Vanguard LifeStrategy Moderate Growth Fund 115,162 (a) 1,985,399
------------
Total balanced options 30,147,965
------------
GROWTH AND INCOME OPTIONS:
* Vanguard 500 Index Fund 675,656 (a) 82,335,533
* Vanguard Total Stock Market Index Fund 1,282,153 (a) 37,515,798
* Vanguard Windsor II Fund 542,747 (a) 14,762,730
------------
Total growth and income options 134,614,061
------------
GROWTH OPTIONS:
* Vanguard Extended Market Index Fund 146,631 (a) 3,903,319
* Vanguard PRIMECAP Fund 349,570 (a) 21,107,088
------------
Total growth options 25,010,407
------------
AGGRESSIVE GROWTH OPTION:
* Vanguard Small-Cap Index Fund 156,107 (a) 3,034,723
------------
MONEY MARKET OPTION:
* Vanguard Treasury Money Market Fund 16,329,084 (a) 16,329,084
------------
INTERNATIONAL OPTION:
* Vanguard International Growth Fund 1,036,600 (a) 19,560,652
------------
STABLE VALUE FUND:
* Guaranteed investment contracts 8,093,805 (a) 8,093,805
* Vanguard Treasury Money Market Fund 70,378,496 (a) 70,378,496
------------
Total stable value fund 78,472,301
------------
* PARTICIPANT LOANS 7,863,088
------------
Total investments $342,466,771
============
* Represents party-in-interest holdings.
(a) Participant-directed.
The accompanying notes are an integral part of this schedule.
SIGNATURES
The Plan
Pursuant to the requirements of the Securities Exchange Act of 1934, the Trustee
(or other persons who administer the employee benefit plan) have duly caused
this annual report to be signed on its behalf by the undersigned hereunto duly
authorized.
UNISOURCE WORLDWIDE, INC. RETIREMENT SAVINGS PLAN
BY: GEORGIA-PACIFIC CORPORATION, as plan administrator
Date: June 25, 2001 By: /s/ Danny W. Huff
---------------------------------
Danny W. Huff
Executive Vice President--Finance
and Chief Financial Officer
INDEX TO EXHIBITS
Exhibit
Number Description
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23 Consent of Arthur Andersen LLP