The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
FOREIGN DIRECT INVESTMENT IN THE UNITED STATES 1986 Transactions U.S. DEPARTMENT OF COMMERCE International Trade Administration September 1987 FOREIGN DIRECT INVESTMENT IN THE UNITED STATES 1986 Transactions U.S. DEPARTMENT OF COMMERCE Office of Trade & Investment Analysis International Trade Administration September 1987 For sale by the Superintendent of Documents, U.S. Government Printing Office, Washington, D.C. 20402 PREFACE This report covering 1986 1s one of an annual series of publications on foreign direct Investment transactions 1n the United States. The reports have been prepared by the Office of Trade and Investment Analysis and its predecessor units, the Office of International Investment and the Office of Foreign Investment In the United States. Listings of Individual foreign direct Investment transactions in the United States are especially useful to government and private sector analysts needing Information on the Investment activities of prominent foreign firms and Individuals In the United States. This publication Is the most comprehensive of Its kind— 1t Incorporates information from a wide variety of public sources and efforts are made to verify the timing and terms of completed transactions. The transactions listings are arranged by the primary Industrial classification of the U.S. company owned/controlled by foreign investors (Appendix A), by source country of the foreign investors (Appendix B), and by state location of the foreign investment (Appendix C). Only completed transactions are listed. This contrasts with previous editions of this report in which completed and pending transactions were included. As always, calculations of trends are based upon completed transactions. iii TABLE OF CONTENTS Page INTRODUCTION ............................................... 1 OVERVIEW OF FOREIGN DIRECT INVESTMENT IN THE UNITED STATES, 1986 ................................ 3 INVESTMENT BY SOURCE COUNTRY ................................ 5 INVESTMENT BY INDUSTRY (SIC) ................................ 9 MODE OF INVESTMENT TRANSACTION .............................. 24 LOCATION OF INVESTMENT BY STATE ............................. 27 MAJOR SECTORAL DEVELOPMENTS ................................. 31 APPENDIX A: APPENDIX B: APPENDIX C: APPENDIX D: LISTING OF TRANSACTIONS BY STANDARD INDUSTRIAL CLASSIFICATION (SIC) ....... 57 LISTING OF TRANSACTIONS BY SOURCE COUNTRY ............................... 81 LISTING OF TRANSACTIONS BY STATE LOCATION .............................. 101 DESCRIPTION OF KEY TERMS ....................... 121 iv LISTS OF SUMMARY TABLES Page Table I Table II Source Country - Completed Cases - 1986 .......... 6-? Number of Identified Completed Transactions, by Source Country, 1981-1986 .................. 8 Table III Direct Investment Distribution by Industry Subsector of U.S. Affiliate - Completed Transactions 1986 ............................. 10-13 Table IV Direct Investment Distribution by Industry Subsector of U.S. Affiliate and Country of Foreign Parent - Completed Transactions 1986 ---14-23 Table V Mode of Investment by Source Country, Completed Transactions, 1986 .................. 25-26 Table VI State Location of Foreign Investments, 1986 ......28-30 v LIST OF FIGURES Total Number of Foreign Direct Investments, 1977-86.................................... 4 Number of Investments by Source Country, 1986 5 Number of Investments by Industry, 1986..... 9 Number of Investments by State, 1986........ 27 Number of Investments 1n the Metal Mining Industry, 1982-1986........................ 32 Number of Investments In the 011 and Gas Extraction Industry, 1982-1986............. 33 Number of Investments in the Foods Industry, 1981-198 6 35 Number of Investments in the Paper Industry, 1982-198 6 36 Number Investments in the Printing and Publishing Industry, 1982-1986.............. 38 Number of Investments in the Chemical Industry, 1981-1986........................ 40 Number of Investments in the Petroleum Refining Industry, 1982-1986................ 41 Number of Investments in the Rubber and Miscellaneous Plastics Products Industry, 1981-1986.................................. 42 Number of Investments in the Stone, Clay, and Glass Industries, 1981-1986............. 43 Number of Investments In the Primary Metal Industry, 1982-1986........................ 45 Number of Investments In the Machinery Industry, 1981-1986........................ 46 vii LIST OF FIGURES (Cont'd.) Page Figure 16 Figure 17 Figure 18 Figure 19 Figure 20 Figure 21 Figure 22 Number of Investments In the Electrical Industry, 1981-1986.............................. 48 Number of Investments 1n the Transportation Industry, 1981-1986.............................. 49 Number of Investments in the Instruments and Related Products Industry, 1981-1986.......... 50 Number of Investments in the Retail Trade Industry, 1981-1986........................ 52 Number of Investments In the Financial Sector, 1981-1986................................ 53 Number of Investments In the Services Sector, 1981-1986................................ 54 Number of Investments In the Real Property Sector, 1981-1986....................... 55 viii INTRODUCTION The purpose of this report Is to Identify specific foreign direct Investment transactions In the United States during 1986, analyze recent trends In such Investment, and provide data and related Information on significant transactions. The report incorporates information obtained in fulfilling responsibilities assigned to the Secretary of Commerce by Executive Order No. 11858, dated May 7, 1975. Specifically, the Secretary of Commerce is responsible for "the obtainment, consolidation, and analysis of Information on foreign direct investment 1n the United States." Foreign direct investment, as used 1n this report, means the direct or Indirect ownership of 10 percent or more of the voting securities of an incorporated business enterprise, or an equivalent interest in an unincorporated business enterprise, and a 10 percent or more Interest 1n real property transactions. Transactions values, as used in this report, refer to the reported total cost of the Investment regardless of the source or timing of funds. In the case of a joint venture, the estimated foreign ownership proportion of the Investment is cited. These values are Intended to identify the relative size of various investments and, 1n the aggregate, indicate trends in Investment activity. The data and other Information contained In this report represent a compilation and distillation of material available from generally-avallable public sources, transaction participants, and miscellaneous contacts. A major portion of the data and information was derived from public secondary sources such as newspapers, magazines, and business and trade journals, as well as from the public files of Federal regulatory agencies. In all Instances, the monetary values and numbers of Investments given in this report Include only those Identified in these sources and should not be considered a compilation of the entire universe of FDI transactions. The primary Federal agency sources for publicly available data are the Securities and Exchange Commission (SEC), the Federal Trade Commission (FTC), and the Federal Reserve Board (FRB). Much of the data obtained from Federal regulatory agencies originated from report series that differ widely in frequency and content. These reports are. In most cases, filed in "esponse to the various agencies' general regulatory responsibilities, rather than for the specific purpose of providing data on foreign investment. Certain other Investment transaction and related data collected by the Federal Government on a business confidential basis to facilitate Federal regulatory responsibilities or to provide aggregate data for macroeconomic analysis purposes are not available for this report. - I - It should be noted that the aggregate data In this report are not strictly comparable to the other major statistical series on foreign direct Investment in the United States, published by the Commerce Department's Bureau of Economic Analysis (BEA). The BEA aggregate dollar value data on new Investments, published annually since 1979, are based on individual firm responses to mandatory reporting requirements (including strict confidentiality provisions protecting the identity of Individual reporters). The BEA data are thus likely to provide more comprehensive coverage for the types of transactions included In BEA's reporting requirements. On the other hand, the information contained In this report not only identifies individual transactions, but Includes a broader range of Investment transactions than the BEA data— particularly with regard to plant expansions, equity Increases, and certain types of real estate Investments. Consequently, the two data series are not directly comparable, although there has been significant correlation in the movement of the overall series over the last several years. While every effort was made to verify the information obtained from public sources, the U.S. Department of Commerce is not responsible for any inaccuracies or gaps 1n information presented 1n this report. Transaction values for many investments are not publicly available. Nevertheless, experience has shown that value and other data for the large majority of major Investments are identified in the monitoring process. Copies of this report are available, as long as they last, from the Office of Trade and Investment Analysis, Room 2217, International Trade Administration, U.S. Department of Commerce, Washington, D.C. 20230, and from the Superintendent of Documents, Government Printlna Office, Washington, D.C. 20402. - 3 OVERVIEW OF FOREIGN INVESTMENT IN THE UNITED STATES. 1986 The Office of Trade and Investment Analysis (OTIA) Identified from public sources 1051 foreign direct investment transactions during 1986. Values were reported for 480 of these individual transactions, for a total of $35.8 billion. Appendices A, B, and C contain listings of all the identified transactions by sources country, U.S. industry, and state location. The total number of transactions increased by a little more than 15 percent over the 912 reported for 1985 (see Figure 1). In value terms, however, the 1986 total reflected a substantial Increase of 75 percent above the total value, $20.9 billion, Identified 1n 1985. As in previous years, a few large transactions continued to account for a substantial part of the total value. In 1986, 19 transactions of $500 million or more had a combined total of $15.8 billion, 44 percent of the total reported value. The two largest transactions during the year had a combined value of $5.4 billion, 15 percent of the total value. The rise in foreign direct investment continued a growth trend which began In 1983 and followed the recession of 1981/82. Several factors accounted for the growth, of which three were probably most influential. First, the value of the dollar continued to decline against other major currencies, not only making it less expensive to acquire or establish a U.S. business, but also broadening the scope of potentially attractive target companies. Second, many corporations, in efforts to become more efficient and profitable in their industries or to prevent takeovers by domestic or foreign Investors, restructured their organizations considerably, making available for acquisition many subsidiaries or divisions no longer contributing to changed corporate goals. And third, the Tax Reform Act of 1986 led to increased Investment activity toward the end of the year as sellers hastened to beat the January 1, 1987 deadline for Implementation of the Act. Under the new provisions, capital gains are taxed at the same rate as ordinary income as opposed to the lesser 40 percent rate under the old law. Furthermore, the new laws provide that taxes must also be paid on the appreciated value of properties that were the subject of exchange agreements. Under the old law, certain properties could be exchanged among investors without tax liability. These factors supplemented the more traditional reasons to Invest in the United States, such as access to large markets and political stability. In addition, large trade related surpluses accumulated by Japan and certain European countries in recent years have created a substantial pool of foreign-owned dollar-denominated assets available in part for direct Investment in the United States. - 4 - Figure 1 TOTAL NUMBER OF FOREIGN DIRECT INVESTMENTS. 1977-1986 NUMKN OF INVESTMENTS - 5 - INVESTMENT BY SOURCE COUNTRY The major Industrialized countries have traditionally been the source of most direct Investment activity In the United States. In 1986, seven nations— Canada, France, West Germany, Japan, the Netherlands, Switzerland, and the United Kingdom— accounted for 829 transactions or 79 percent of the total transact1ons-77 percent In 1985. The Identified aggregate value of the transactions by the seven countries— $30.9 billion represented 86 percent of the total Identified value. As 1n 1984 and 1985 Japan was the source for the largest number of transactions and, for the first time 1n this report series, for the highest aggregate value. More than 33 percent (351) of all transactions originated In Japan, with 170 Identified values totalling $9.3 billion, 26 percent of the total aggregated value. The United Kingdom was second with 178 transactions, and 83 Identified values totalling $8.1 billion. Canada was third In terms both of number and value, with 114 transactions and 57 Identified values totalling $6.8 billion. (Figure 2 shows the shares of these seven nations.) Table I shows the number of completed transactions with Identified values for 1986, while Table II shows the continuing, and gradually increasing, dominance of the major Industrialized countries (also our largest trading partners) as source of direct Investment 1n the United States. _______________ Fieure I_________________ NUMBER OF INVESTMENTS BY SOURCE COUNTRY 1986 (TOTAL 1051 - 100.0%) REPORT PERIOD 0 1 / 8 6 - 12/86 TA BL E 1. SOURCE C O U N T R I E S - C O M P L E T E D CA SE S - 1986 = PRINCI PAL SOLIRCE CO UN TR IE S ---- COUNTRY NU MB ER OF CA SE S NUMBER CASES/ VA L U E KNOWN VALUE ($ MILLION) CA NA DA FR AN CE GE RM AN Y, F E D E R A L RE P JAPAN NETHERLANDS SWITZERLAND UNITED KINGDOM 1 14 45 60 351 42 39 178 57 17 25 170 16 17 83 67 63.3 2807.5 1659.3 92 74 .9 1395.7 955.0 8073.7 GROUP 829 385 30929.4 r*nA| ift^nTuCD _ —.—--...» --- --viRUuH —U irlfcK ci t Utonoc K U r t --COUNTRY NU MB ER OF CASE S NU M B E R CASES/ VA LU E KNOWN VALU E ($ MILL IO N) AUSTRIA BELGIUM DENMARK FINLAND IR EL AN D ITALY LUXEMBOURG NORWAY SPAIN SWEDEN 1 10 7 5 8 18 1 7 4 32 0 4 0 3 3 8 1 3 2 8 GROUP 93 32 24 42 .2 NUMBER OF C A S E S N U M B E R CA SE S/ V A L U E KN O W N VALUE ($ M I L L IO N) 6 5 204.7 54 0 . 0 455.8 22.4 728.0 239.7 27 .5 50.2 18.9 899.7 GROUP=OPEC COUNTRIES COUNTRY SAUDI A R A B I A VENEZUELA 1 1 744. 7 GROUP G R O U P = O T H E R M I D D L E EA ST N U M B E R CA SE S/ V A L U E KN O W N VALUE (S MI L L I O N ) COUNTRY NUMBER OF C A S E S BAHRAIN EGYPT SY R I A 3 1 1 1 1 51 .0 13.5 4.0 GROUP 5 3 68.5 1 I O' I REPORT PERIOD s 0 1 / 0 6 - 12/86 TABLE I. S O U R C E C O U N T R I E S - C O M P L E T E D C A S E S - 1986 GROUP=OTHER: ASIA AND PACIFIC — COUNTRY NU M B E R OF C A S E S NUMBER CASES/ V A L U E KN OW N VALUE ($ M I L L I O N ) AUSTRALIA CHINA CHINA(TAIWAN) HONG KONG INDONESIA KOREA, R E P U B L I C OF NEW ZEALAND 39 2 5 18 1 14 11 14 2 2 9 0 8 8 915.8 5.6 24.2 145.6 GROUP 90 43 1464.7 N U M B E R CA S E S / V A L U E KN O W N VA L U E ($ MI L L I O N ) 32 5. 3 48. 2 rnrii yeCTCC> hN l r UlECLIMVlTlCJDrUnCC Dn C u K U UID-HTUCD r - U 1rlfcK Wt u — i Itr(I COUNTRY B A HA MA S, T H E BERMUDA GRENADA MEXICO NETHERLANDS A PANAMA GROUP NU M B E R OF CA S E S :S 1 5 1 1 7 1 0 2 0 1 4 1 36.9 21.0 1 .0 16 8 66.7 7.8 I ■“ u K U U r = AL L U 1riCK LUUINIKlti ” COUNTRY NUMBER OF CA S E S N U M B E R CA SES/ VALUE KNOWN POLAND SOUTH AFRICA SOVIET UNION UNSPECIFIED YUGOSLAVIA VALUE ($ M I LL IO N) 51.2 4.6 55.8 GROUP G R O U P = U N S P E C I f IED COUNTRY ALGERIA NAURU NIUE GROUP NUMBER OF CA S E S N U M B E R CA SE S/ V A L U E KN OW N VALUE ($ MILL IO N) 1 0 0 1 34.0 3 1 34.0 1051 480 35806.0 1 1 I - 8 - TABLE II Number of Identified Completed Transactions By SourceLCountry. 1982-1986 Sour.ee Country 1982 TOTAL # 913 Canada 161 France Germany, F.R. 1983 1984 1985 1986 751 .0*0 # 907 17.6 97 12.9 127 14.0 101 11.1 114 10.8 52 5.7 48 6.4 54 5.9 61 6.7 45 4.3 66 7.2 72 9.6 76 8.4 69 7.6 60 5.7 143 15.7 105 14.0 198 21.8 216 23.7 351 33.4 Netherlands 46 5.0 47 6.3 38 4.0 44 4.8 42 4.0 Switzerland 21 2.3 28 3.7 26 3.0 36 3.9 39 3.7 United Kingdom 180 19.7 159 21.1 171 18.8 176 19.3 176 16.7 All Others 244 26.8 195 26.0 217 24.1 209 22.9 222 21.4 Japan n M % 100.0 912 100.0 1051 100.0 - 9 - INVESTMENT BY INDUSTRY The manufacturing sector continued to predominate in terms of the number of transactions and aggregate values, with 452 transactions and 240 identified values totalling $15.7 billion. These represent a 27 percent Increase in terms of numbers, and a 34 percent increase in value over the previous year. Two other Industry sectors, real estate and retail trade, experienced substantial activity. In the real estate sector, Including hotels (SIC 70), a total of 139 investments were identified, with 96 values totalling $7.5 billion. There were 70 transactions in the retail trade sector, with 21 values totalling $5.7 billion. Figure 3 shows the principal industry sectors by numbers of transactions. Table III shows the Investment activity In each Standard Industrial Classification (SIC) sector. Table IV highlights the trend in completed cases by major source country In each SIC sector for the year. Figure 3 NUMBER OF INVESTMENTS BY INDUSTRY 1986 (TOTAL 1051 - 100. 0Z) MANUFACTURING 482 oitats ISO REPORT PERIOD : 0 1 / 8 6 - 12/86 T A BL E III O I R E C T IN VESTMENT D I S T R I B U T I O N BY INDUSTRY S U BS EC TO R OF U.S. AF FI LI AT E - C O M P L E T E D T R A N S A C T I O N S - 1986 CL A S S = N O T R E AL P R O P ER TY S E C T OR =A A G R I CU LT UR E, NU MB ER OF CA SE S SIC NUMBER FORESTRY. AND FI SHING N U MB ER CASES/ V A L U E KNOWN VALUE ($ MILLION) 01 A G R I C U L T U R A L P R O D U C T I O N - CR OP S 07 A G R I C U L T U R A L S E R V I C E S 09 FISHING. HU NT IN G. A N D T R A P P I N G 3 1 1 1 0 1 0.3 SE C T O R 5 2 1 .3 NU MB ER CASES/ V A LU E KNOWN VALUE ($ MILLION) C L A S S ^ N O T REAL PR OP E R T Y 10 12 13 14 METAL MINING B I T U M I N O U S COAL AN D L I G N I T E M I N I N G OIL AND GAS EXTRACTION N O N M E T A L L I C M I N E R A L S , E X C E P T FU EL S SE C T O R C L A S S = N O T R E AL P R O P E R T Y SIC NUMBER 15 G E N E R A L B U I L D I N G C O N T R A C T O R S 16 H E A V Y C O N S T R U C T I O N C O N T R A C T O R S 17 S P E C I A L T R A D E C O N T R A C T O R S SECTOR ------------------------ C L A S S = N O T RE A L P R O P E R T Y SIC NUMBER 20 22 23 24 25 26 27 28 29 30 31 32 SE C T O R - B M I N I N G N U MB ER CASES SIC NUMBER F O O D AN D K I N D R E D P R O D U C T S TEXTILE MILL PRODUCTS APPAREL AND OTHER TEXTIuE PRODUCTS LUMBER AND WOOD PRODUCTS F U R N I T U R E AN D F I X T U R E S PAPER AND ALLIED PRODUCTS PRINTING AND PUBLISHING CH EM IC AL S AND ALLIED PRODUCTS P E T R O L E U M A N D CO AL P R O D U C T S R U B B E R A N D MISC. P L A S T I C S P R O D U C T S LEATHER AND LEATHER PRODUCTS STONE, CLAY, A N D G L A S S P R O D U C T S 1 .0 14 4 29 4 11 2 15 3 5 19.5 73.7 1767.9 155.3 51 31 2516.4 N U M B E R CASES/ V A L U E KNOWN VA LU E ($ MI L L I O N ) SECTOR=C CONSTRUCTION NUMBER OF CA S E S 2 0 1 25 .0 3 37.0 N U M B E R CA SES/ VA L U E KN OW N VA LU E ($ MI LL I O N ) 10 2 2 14 12.0 SECTOR=D MANUFACTURING NU M B E R OF C A S E S 39 8 3 2 9 11 38 69 1 11 2 16 24 3 3 2 7 4 15 37 1 5 2 10 1665.4 115.0 33.5 5.3 37.0 72 5. 6 1697.6 42 1 5 . 5 540.0 377 .7 6 3 .6 851 .3 REPORT PERIOD : 0 1 / 8 6 - 12/86 TABLE III D I R E C T I N V E S T M E N T D I S T R I B U T I O N BY I N D U S T R Y S U B S E C T O R OF U.S. A F F I L I A T E - C O M P L E T E D T R A N S A C T I O N S - 1986 --- CLASS-NOT REAL PROPERTY SIC NUMBER 33 34 35 36 37 30 39 PRIMARY METAL INDUSTRIES FABRICATED METAL PRODUCTS MACHINERY, EXCEPT ELECTRICAL ELECTRIC AND ELECTRONIC EQUIPMENT TRANSPORTATION EQUIPMENT INSTRUMENTS AND RELATED PRODUCTS M I S C E L L A N E O U S MANUFACTURING I N D U S T R I E S SECTOR CLASS=NOT REAL PROPERTY N U M B E R CA SE S/ V A L U E KN O W N 29 19 66 75 24 24 6 15 9 32 37 16 12 4 452 240 NUMBER OF C A SE S RAILROAD TRANSPORTATION LOCAL & INTERURBAN PASSENGER TRANSIT TRUCKING AND WAREHOUSING WATER TRANSPORTATION T R A N S P O R T A T I O N BY AIR TRANSPORTATION SERVICES COMMUNICATION E L E C T R I C , GAS, A N D S A N I T A R Y S E R V I C E S COMMUNICATIONS. N U M B E R CA SE S/ V A L U E KN OW N C L A S S = N O T R E AL P R O P E R T Y SIC NUMBER 50 W H O L E S A L E T R A D E - O U R A B L E G O O D S 51 W H O L E S A L E T R A D E - N O N D U R A B L E G O O D S VALU E ($ MI LL IO N) 59 4. 9 66.7 57 9. 0 1834.1 1108.0 1019.9 146. 1 15676.2 UTIL. VALU E ($ MI LL IO N) 0 0 2 1 3 1 0 3 683 .0 10 81 5. 3 NUMBER OF CA SE S N U M B E R CA SE S/ V A L U E KN OW N VA LU E ($ M I L L IO N) 74 36 13 11 311.0 926. 7 24 1239.7 2 1 2 23 17 7 3 6 61 SECTOR SECTOR NUMBER OF C A S E S SECTOR=E TRANSPORTATION, SIC NUMBER 40 41 42 44 45 47 48 49 S E C T O R = D M A N U F A C T U R I N G -- 62 .2 17.0 15.0 38. 1 SE C T O R = F W H O L E S A L E TRADE REPORT PERIOD 12/86 ; 01/86 - TABLE III D I R E C T I N V E ST ME NT D I S T R I B U T I O N BY IN DUSTRY SU BS EC TO R OF U.S. A F F I L I A T E - C O M P L E T E D T R A N S A C T I O N S - 1986 C L A S S rNOT REAL P R O P E R T Y SIC NUMBER 52 53 54 55 56 57 58 59 S E C T O R = G R E T A I L TRADE N U MB ER CA S E S BU IL DI NG MATERIALS & GARDEN SUPPLIES G E N E R A L M E R C H A N D I S E ST O R E S FOOD STORES A U T O M O T I V E D E A L E R S & SE R V I C E S T A T I O N S A P P A R E L A N D A C C E S S O R Y ST OR ES F U R N I T U R E A N O H O ME F U R N I S H I N G S ST O R E S EAffING A N D D R I N K I N G P L A C E S MISCELLANEOUS RETAIL SECTOR ---------- C L A S S R N O T R E AL P R O P E R T Y S E C T O R = H FI NANCE, SIC NUMBER 60 61 62 63 65 67 SECTOR --------------------------- C L A S S = N O T RE AL P R O P E R T Y SIC NUMBER 70 72 73 75 76 78 79 80 81 82 86 89 HO T E L S AND OTHER LODGING PLACES PERSONAL SERVICES BUSINESS SERVICES A U T O REPA IR . SE RV IC ES . AN D G A R A G E S MI SC ELLANEOUS REPAIR SERVICES MOTION PICTURES AM USEMENT & RE CR EA TI ON SERVICES HEALTH SERVICES LEGAL SERVICES EDUCATIONAL SERVICES MEMBERSHIP ORGANIZATIONS MISCELLANEOUS SERVICES SECTOR 3 8 4 3 15 3 19 15 0 2 2 1 2 0 10 4 70 21 INSURANCE, NUMBER OF C A S E S BANKING CREDIT AGEN CI ES OTHER THAN BANKS SECURITY,COMMODITY BROKERS & SERVICES INSURANCE CARRIERS REAL ESTATE HOLD IN G AND OTHER INVESTMENT OFFICES N U M B E R CASES/ VA L U E KN OW N VALUE {% MI LLION) 43 1 0 . 6 106.6 3.5 67.0 205.9 976. 9 56 71 .3 ANO R E AL ES TA TE — N U M B E R C A SE S/ V A L U E KN O W N VA L U E ($ MILLION) 15 6 10 3 4 4 6 0 5 3 1 1 359. 1 7 27.0 50 .0 13.5 42 16 12 10.4 S ECTOR=I NU M B E R CASES 60.8 SE R V I C E S -------------------N U M B E R CASES/ V A L U E KNOW N VALUE ($ MILL IO N) 27 3 65 5 2 9 2 7 1 2 2 7 10 3 19 3 0 5 1 4 0 1 0 1 1586.3 37.6 758.2 4 9 .3 132 55 2696 .3 181.1 16.0 4 1 .9 . 15.5 10.4 REPORT PERI00 : 0 1 / 8 6 - 12/86 TA BL E III D I R E C T I N V E S T M E N T D I S T R I B U T I O N BY IN D U S T R Y S U B S E C T O R OF U.S. A F F I L I A T E - C O M P L E T E D T R A N S A C T I O N S - 1986 C L A S S = N O T RE A L P R O P E R T Y SIC NUMBER NUMBER OF CA S E S 9 6 A D M I N I S T R A T I O N OF E C O N O M I C P R O G R A M S CLASS REAL PROPERTY N U M B E R CA SE S/ V A L U E KN O W N VALUE ($ M I L L IO N) 0 2 939 CLASS^REAL PROPERTY SIC NU M B E R SECT0R=96 402 29 86 3. 9 NU M B E R OF CA S E S N U M B E R CA SE S/ V A L U E K N OW N VA L U E ($ M I L L IO N) 1 12 78 5942.1 1051 480 35 8 0 6 . 0 S E C T O R = L R E AL P R O P E R T Y t h* (j4 I REPORT PERIOD 0 1 /ae - 12/86 TABLE DIRECT I N V E S T M E N T D I S T R I B U T I O N BY IN DU ST RY GR O U P OF U.S. A F F I L I A T E AND CO UN TR Y OF FOREIGN PA RE NT C O M P L E T E D T R A N S A C T I O N S -- 1986 TOTA L AGRICULTURE. FORESTRY, IV C A NA DA FR AN CE GERMANY JAPAN NETHER LANDS ALL OTHE R UNITED KINGDOM SWITZER LAND AND FISHING AGRICULTURAL PRODUCTION - CROPS T O T A L N U M B E R OF C A S E S NUMB ER CASES — VALUE KNOWN V A L U E (S M I L L I O N S ) 3 2 1 .0 1 .0 1 0 0 0 AGRICULTURAL SERVICES TOTAL NUMBER OF CASES NUMBER CASES — VA LU E KNOWN V A L U E (* M I L L I O N S ) FISHING, H U N T I N G p AN D TRAPPING T O T A L N U M B E R OF C A S E S NUMBER CASES — VALUE KNOWN V A L U E ($ M I L L I O N S ) T O T A L N U M B E R OF C A S E S N UMBER CASES — VALUE KNOWN V A L U E ($ M I L L I O N S ) 0 0 0 0 0 1 1 0.3 5 3 1 .3 1 .0 1 2 1 1 0.3 1 1 0.3 MINING METAL MINING T O T A L N U M B E R OF C A S E S NUMBER CASES — VALUE KNOWN V A L U E (S M I L L I O N S ) B I T U M I N O U S COAL AN D LIGNITE M I NI NG TO TA L NUMB ER OF CASES NUMBER CASES — VALUE KNOWN V A L U E ($ M I L L I O N S ) OIL AND GAS EXTRACTION T O T A L N U M B E R OF C A S E S NUMBER CASES — VALUE KNOWN V A L U E (S M I L L I O N S ) N O N M E T A L L I C MINERALS, EXCEPT FUELS TOTAL NUMBER OF CASES NUMBER CASES — V A L U E ($ M I L L I O N S ) 14 11 519.5 4 2 73.7 29 15 17 67 .9 4 VALUE KNOWN3 155.3 7 6 199.8 0 0 0 2 1 22 .5 2 2 30.0 1 1 75.0 0 0 0 0 0 0 3 2 225.7 3 2 19.0 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 51 .2 3 3 1206.0 1 0 4 3 192.8 5 1 22 5 . 0 1 \ 0.1 4 1 9 0 .0 9 4 24.0 2 1 55 .3 100.0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 0 1 1 REPORT PERIOD 0 1 / 8 6 - 12/86 TA BL E DIRECT IV I N V E S T M E N T D I S T R I B U T I O N 0V I N D U S T R Y G R O U P OF U.S. A F F I L I A T E A N D C O U N T R Y OF F O R E I G N P A R E N T COMPLETED TRANSACTIONS — 1986 TOTAL T O T A L N U M B E R OF C A S E S N U M B E R C A S E S -- V A L U E KN OW N V A L U E (S M I L L I O N S ) 51 31 25 16 .4 CANADA 11 25 2. 3 FRANCE GERMANY 4 3 1206.0 JA PA N 5 4 267.8 NETHER LA N D S SWITZER LAND 1 1 5 1 225.0 0. 1 UNITED KINGDOM ALL OT H E R 9 5 371 .0 15 Q 194.2 CONSTRUCTION GENERAL BUILDING CONTRACTORS T O T A L N U M B E R OF C A S E S NUMBER CASES VALUE KNOWN V A L U E (S M I L L I O N S ) 2 \ 2 10.0 15.0 10 2 25.0 HEAVY CONSTRUCTION CONTRACTORS T O T A L N U M B E R OF C A S E S N U M B E R C A S E S — V A L U E KN O W N V A L U E ($ M I L L I O N S ) 1 0 0 0 0 0 SPECIAL TRADE CONTRACTORS T O T A L N U M B E R OF C A S E S NUMBER CASES — V A L U E KN O W N V A L U E ($ M I L L I O N S ) 12.0 12.0 T O T A L N U M B E R OF C A S E S N U M B E R C A S E S -- V A L U E K N O W N V A L U E ($ M I L L I O N S ) 14 3 37.0 2 3 3 12 . 0 10.0 15.0 0 0 0 1 1 2 1 3 0 0 1 1 1 3 0 0 MANUFACTURING FOOD AND KINDRED PRODUCTS T O T A L N U M B E R OF C A S E S NUMBER CASES — VALUE KNOWN V A L U E (S M I L L I O N S ) 39 24 1665.4 TEXTILE MILL PROOUCTS T O T A L N U M B E R OF C A S E S NUMBER CASES — VALUE KNOWN V A L U E ($ M I L L I O N S ) 0 3 115.0 APPAREL ANO OTHER TEXTILE PRODUCTS TiUIAU OTAL N OF C A S E S nU uM mB uE tR n ur NUMBER CASES — VALUE KNOWN V A L U E (S M I L L I O N S ) 3 3 33.5 3 2 157.9 1 0 0 0 0 0 0 1 0 1 1 5.0 13 7 64.4 3 I 7.5 6 ^ 68.8 0 0 0 0 0 I <0 0 1 15.0 <U 0 , 0 0 1 1 2.5 0 0 n 0 0 0 0 n 0 0 o 0 n 4 4 1084.8 n l 95 .0 8 7 277.0 3 1 5.0 2 9 31 Q 31.0 0 0 0 REPORT PERIOD : 0 1 / 8 6 - 12/86 TABLE DIRECT I N V E S T M E N T D I S T R I B U T I O N BY TOTAL IN DUSTRY G R O U P OF U.S. A F F I L I A T E AN D CO U N T R Y OF F O RE IG N PARENT COMPLETED TRANSACTIONS — t986 C A NA DA LUMBER AND WO OD PRODUCTS T O TA L N U M B E R OF CA SE S NUMBER CASES — VALUE KNOWN V A L U E ($ M I L L I O N S ) 2 2 5.3 FURNITURE AND FIXTURES T O T A L N U M B E R OF CA S E S N U M B E R C A S E S -- V A L U E KN O W N V A L U E (S M I L L I O N S ) 9 7 37 .0 P A P E R A N D A L L I E D PRODUCTS?* T O T A L N U M B E R OF C A S E S NUMB ER CASES — VALUE KNOWN V A L U E (f M I L L I O N S ) 11 4 725. 6 PRINTING AND PUBLISHING T O T A L N U M B E R OF C A S E S NUMBER CASES ~ VALUE KNOWN V A L U E (S M I L L I O N S ) 38 15 1697.6 12 3 54 7 . 6 CHEMICALS AND ALLIED PRODUCTS T O T A L N U M B E R OF C A S E S NU MB ER CASES — VALUE KNOWN V A L U E ($ M I L L I O N S ) 69 37 4215.5 5 2 124.5 PETROLEUM AND COAL PRODUCTS T O T A L N U M B E R OF C A S E S NUMBER CASES — VALUE KNOWN V A L U E ($ M I L L I O N S ) 540.0 R U B B E R A N O MI SC . P L A S T I C S P R O D U C T S T O T A L N U M B E R OF C A S E S NUMBER CASES — VALUE KNOWN V A L U E ($ M I L L I O N S ) 11 5 377 .7 LEATHER AND LEATHER PROOUCTS TO T A L N U MB ER OF CASES NUMBER CASES — VALUE KNOWN V A L U E ($ M I L L I O N S ) ST O N E , CL AY , A N D G L A S S P R O D U C T S T O T A L N U M B E R OF C A S E S NUMBER CASES — VALUE KNOWN V A L U E {% M I L L I O N S ) IV FRANCE GERMANY 1 1 3.2 JAPAN 1.5 6 .1 0 1 1 5.0 1 3 1 2 0. 1 24.3 5 1 683. 0 3 2 2 2 552.6 4 3 589.5 13 4 175.0 12 3 598.0 200.0 6 1 4 2 229.0 16 9 59 3. 4 4.0 17 9 1868.1 11 8 431 .4 0 0 1 0 0 1 1 70.0 7 0 0 2 63.6 16 2 10 1 16.0 4 2 30. 1 1 540. 0 0 249.2 6 1 1 0 2 2 ALL OT HE R 0 Q 41.3 1 851 .3 UNITED KINGDOM 2 .1 1 2 SWITZER* LAND 1 1 2 2 NE TH ER LANDS 2 1 100.0 2 2 58.5 0 0 0 \ 1 43.6 \ 1 5 5 699.0 20.0 2 \ 6.2 REPORT PERIOD : 0 1 / 8 6 - 12/86 TA BL E DIRECT IV I N V E S T M E N T D I S T R I B U T I O N BV I N D U S T R Y G R O U P OF U.S. A F F I L I A T E A N D C O U N T R Y OF F O R E I G N P A R E N T C O M P L E T E D T R A N S A C T I O N S -- 1986 TO T A L PRIMARY METAL INDUSTRIES T O T A L N U M B E R OF C A S E S N U M B E R C A S E S -- V A L U E K N O W N V A L U E ($ M I L L I O N S ) FABRICATED METAL PRODUCTS T O T A L N U M B E R OF C A S E S NUMBER CASES ~ VALUE KNOWN V A L U E ($ M I L L I O N S ) MACHINERY. EXCEPT ELECTRICAL T O T A L N U M B E R OF C A S E S NUMBER CASES — VALUE KNOWN V A L U E ($ M I L L I O N S ) CANADA 29 15 594.9 19 91 66.7 FRANCE GERMANY 40 0 0 2 0 0 I 2 0 4.2 0 NETHERLANDS SWITZERLA ND UNITED KINGDOM 6 0 0 11 298. 2 0 0 0 03 1 13.0 ALL OTHER 22 2 251 .7 0 1 32.0 10 6 49.5 0 0 0 0 0 0 0 0 0 6 2 13.0 6 3 61 .0 28 15 397.2 4 3 41 .4 1 0 3 1 19.4 18 0 46 .0 0 66 32 579.0 5 2 14.0 0 ELECTRIC AND ELECTRONIC EQUIPMENT T O T A L N U M B E R OF C A S E S NUMBER CASES — VALUE KNOWN V A L U E ($ M I L L I O N S ) 75 37 1834.1 5 4 20.1 5 1 56 .0 6 4 64 6 . 2 39 17 233.7 1 0 0 1 1 1.1 12 6 103.1 6 4 773.9 TR AN SP OR TA TI ON EQUIPMENT T O T A L N U M B E R OF C A S E S NUMBER CASES — VALUE KNOWN V A L U E ($ M I L L I O N S ) 24 18 1108.0 3 3 70.1 1 1 38.8 3 2 42 .2 13 11 936.9 0 0 0 0 0 0 2 0 0 2 1 IN STRUMENTS AND RELATED PRODUCTS T O T A L N U M B E R OF C A S E S NUMBER CASES — VALUE KNOWN V A L U E (S M I L L I O N S ) 24 12 1019.9 0 0 0 1 1 4.0 2 0 0 5 2 24.2 2 2 70.0 O 0 6 4 146.1 0 0 0 0 0 0 0 0 0 3 3 46.1 2 0 452 240 15676.2 47 21 961.8 15 6 68 8 . 3 MI S C E L L A N E O U S MA NU FA CT UR NG INDUSTRIES T O T A L N U M B E R OF C A S E S NUMBER CASES — VALUE KNOWN V A L U E ($ M I L L I O N S ) T O T A L N U M B E R OF C A S E S MtiMBFR C A S E S — V A L U E K N O W N V A L U E (S M I L L I O N S ) 1 0 1 JAPAN 39 158 19 88 1557.7 2 9 72 .4 338. 9 0 17 0 0 n '□ 0 18 9 431.0 i 20.0 3 1 l 6 853.7 ! 1 100.0 79 o 5562.6 68.0 2 0 0 79 41 31 63 .5 REPORT PERIOD : 0 1 / 8 6 - 12/86 TABLE DIRECT I N V E S T M E N T D I S T R I B U T I O N 0V IN DUSTRY G R O U P OF U.S. A F F I L I A T E A N D C O UN TR Y OF FOREIGN P A R E N T C O M P L E T E D T R A N S A C T I O N S -- 1986 TOTAL TRANSPORTATION. COMMUNICATIONS, C A NA DA FR AN CE 2 0 0 0 0 LOCAL & INTERURBAN PASSENGER TRANSIT T O T A L N U M B E R OF C A S E S NUMBER CASES — VALUE KNOWN V A L U E ($ M I L L I O N S ) 1 0 0 0 1 NETHERLANDS JAPA N WATER TRANSPORTATION T O T A L N U M B E R OF C A S E S NU MB ER CASES — VALUE KNOWN V A L U E ($ M I L L I O N S ) 23 1 17.0 0 Q 0 T R A N S P O R T A T I O N BV AIR T O T A L N U M B E R OF C A S E S NUMBER CASES — VALUE KNOWN V A L U E ($ M I L L I O N S ) 17 3 15.0 4 1 10.0 TRANSPORTATION SERVICES T O T A L N U M B E R OF C A S E S NUMBER CASES — VALUE KNOWN V A L U E ($ M I L L I O N S ) 7 1 38.1 1 0 0 E L E C T R I C , GAS. A N D S A N I T A R Y S E R V I C E S TOTAL NUMBER OF CASES NUMBER CASES — VALUE KNOWN V A L U E ($ M I L L I O N S ) 6 3 683.0 0 1 0 0 0 0 0 0 SWITZERLAND UN I T E D K I NG DO M ALL O THER 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3 0 0 4 O 0 1 0 0 2 0 0 17.0 0 0 0 0 0 6 0 0 0 0 0 0 0 0 1 0 0 6 2 5.0 0 0 0 0 0 4 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 22.2 3 0 0 0 0 0 2 2 6 2 .2 COMMUNICATION T O T A L N U M B E R OF C A S E S NUMBER CASES — VALUE KNOWN V A L U E ($ M I L L I O N S ) 0 1 AND WAREHOUSING N U M B E R OF C A S E S CASES — VALUE KNOWN ($ M I L L I O N S ) GE R M A N Y UtlL. RAILROAD TRANSPORTATION T O T A L N U M B E R OF C A S E S NUMBER CASES — VALUE KNOWN V A L U E ($ M I L L I O N S ) TRUCKING TOTAL NUMBER VALUE IV 1 1 15.8 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 1 1 664.0 0 0 13 1 1 1 38. 1 2 0 0 0 0 0 0 3 0 0 0 0 40.0 1 3.2 REPORT PERIOD : 01/66 - 12/86 TA B L E DIRECT I N V E S T M E N T D I S T R I B U T I O N BY T O T A L N U M B E R OF C A S E S NUMB ER CASES — VALUE KNOWN V A L U E ($ M I L L I O N S ) IV IN D U S T R Y G R O U P OF U.S. A F F I L I A T E A N D C O U N T R Y OF F O RE IG N PA R E N T C O M P L E T E D T R A N S A C T I O N S -- 1986 NETHER LA ND S 15 5 CANADA 61 6 2 32 .2 15.8 3 5 8 0.8 160.0 5.1 38 5 35.7 2 6 8 10 615.3 FRANCE JA PA N TOTAL GERMANY 1 1 UNITED KINGDOM SWITZER LAND 24 6 103.3 1 0 0 ALL OTHER 6 6 4. 0 WHOLESALE TRADE WH OLESALE TRADE - DURABLE GOODS T O T A L N U M B E R OF C A S E S N U M B E R C A S E S -- V A L U E K N O W N V A L U E ($ M I L L I O N S ) 74 13 311.0 WH OLESALE TRADE - NONDURABLE GOODS T O T A L N U M B E R OF C A S E S N U M B E R C A S E S — V A L U E KN OW N V A L U E ($ M I L L I O N S ) 36 11 92 8 . 7 T O T A L N U M B E R OF C A S E S N U M B E R C A S E S ~ V A L U E KN O W N V A L U E ($ M I L L I O N S ) 1 1 1 1 2 1 10 24 1239.7 9 2 69.5 11 3 19.9 9 5 2 83 .5 3 2 50.0 31 .0 12 20 4 139.5 4 50.9 0 0 0 66 0 . 0 10.0 2 93.7 7 3 820.0 14 2 15. 1 46 7 129.4 5 2 83.5 ° 0 2 0 n 0 2 0 1 RETAIL TRADE BUIL DI NG MA TE RI AL S & GARDEN SUPPLIES T O T A L N U M B E R OF C A S E S NU MBER CASES — VALUE KNOWN V A L U E ($ M I L L I O N S ) 3 0 0 0 0 0 0 GE NE RA L M E R C HA ND IS E STORES T O T A L N U M B E R OF C A S E S NUMBER CASES — VALUE KNOWN V A L U E (S M I L L I O N S ) B 2 4310.6 1 1 4300.0 FOOD STORES TIUIAL OTAL n Nu UM OF CA SE S mB oE tR n ur NUMBER CASES — VALUE KNOWN V A L U E (f M I L L I O N S ) 4 2 106.6 3 1 3.5 AUTO MO TI VE DE AL ER S & SERVICE STATIONS T O T A L N U M B E R OF C A S E S NUMBER CASES — VALUE KNOWN V A L U E ($ M I L L I O N S ) 0 0 0 0 0 0 0 0 1 0 0 1 0 0 □ u 0 4 u 0 0 0 0 0 , 0 0 1 I 3 2 .6 1 _° 0 1 n° 0 0 nn n° 0 0 n n° 0 0 0 0 0 I 1 3.5 0 0 O 0 0 l u 0 0 0 0 2 n 0 0 0 i u 0 1 1 10.6 1 o1 74.0 0 0 0 : 0 1 / 6 6 - 12/06 TABLE IN VE S T M E N T D I S T R I B U T I O N BY INDUSTRY G R O U P OF U.S. A F F I L I A T E AND C O UN TR Y OF FO RE IG N PARENT C O M P L E T E D T R A N S A C T I O N S -- 1986 A P P A R E L A N D A C C E S S O R Y ST O R E S T O T A L N U M B E R OF C A S E S N U M B E R C A S E S — V A L U E KN O W N V A L U E ($ M I L L I O N S ) FURNITURE AND HOME FURNISHINGS T O T A L N U M B E R OF C A S E S NUMBER CASES — VALUE KNOWN V A L U E ($ M I L L I O N S ) TOTA L CANADA FR AN CE GERMANY JAPAN NETHERLANDS 15 2 67 .8 0 0 4 0 0 0 2 0 0 0 0 0 0 3 0 0 0 0 0 0 0 0 2 1 125.0 3 1 0.4 MISCELLANEOUS RETAIL T O T A L N U M B E R OF C A S E S NUMBER CASES — VALUE KNOWN V A L U E ($ M I L L I O N S ) 15 4 976.9 2 1 550.0 2 0 70 21 567 1.3 5 3 4975.0 T O T A L N U M B E R OF C A S E S NUMBER CASES — VALUE KNOWN V A L U E ($ M I L L I O N S ) AND REAL 1 0 0 19 10 205.9 INSURANCE, 0 ALL O T HE R 1 0 4 1 66.6 4 1 1 .2 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 9 4 5.5 0 0 2 2 16.9 9 1 0.4 3 2 36. 1 15 6 22.4 0 0 0 0 0 0 0 0 1 0 0 0 5 4 75 .0 0 0 0 1 0 6 1 41 0. 0 0 3 0 22 6 551 .6 10 3 85.8 0 3 0 0 0 1 0 ESTATE BANKING TO TA L N U MB ER OF CASES NUMBER CASES — VALUE KNOWN V A L U E (* M I L L I O N S ) 15 6 60.8 6 2 23.5 CR ED IT A G E N C I E S OTHER THAN BANKS TO TA L N U M B E R OF CASES NUMBER CASES ~ VALUE KNOWN V A L U E ($ M I L L I O N S ) SECURITY,COMMODITY BROKERS & SERVICES T O T A L N U M B E R OF C A S E S NU MB ER CASES — VA LU E KNOWN V A L U E ($ M I L L I O N S ) UNITED KINGDOM ST OR ES EATING ANO DR IN KI NG PLACES T O T A L N U M B E R OF C A S E S NUMBER CASES — VALUE KNOWN V A L U E ($ M I L L I O N S ) FINANCE, 0 SWITZERLAND tD DIRECT IV 37. 0 0 10 5 359.1 1 1 5.0 3 5 3 23 4. 0 120. 1 1 G> REPORT PERIOD REPORT PERIOD : 01/66 - 12/86 TA B L E DIRECT IV I N V E S T M E N T D I S T R I B U T I O N BY I N D U S T R Y G R O U P OF U.S. A F F I L I A T E AND C O U N T R Y OF F O RE IG N P A R E N T C O M P L E T E D T R A N S A C T I O N S -- 1986 TOTAL INSURANCE CARRIERS T O T A L N U M B E R OF CA S E S N U M B E R C A S E S -- V A L U E KNOtytfN V A L U E ($ M I L L I O N S ) R E AL E S T A T E T O T A L N U M B E R OF C A S E S NUMBER CASES VALUE KNOWN V A L U E ($ M I L L I O N S ) HO LD IN G AND OTHER INVESTMENT OFFICES T O T A L N U M B E R OF C A S E S NUMBER CASES — VALUE KNOWN V A L U E (S M I L L I O N S ) T O T A L N U M B E R OF C A S E S NUMBER CASES — VALUE KNOWN V A L U E (S M I L L I O N S ) 3 3 727. 0 CANADA FRANCE GERMANY JA PA N SWITZER LAND 1 1 UNITED KINGDOM ALL OT H E R 1 1 54.0 608.0 0 0 3 5 0 .0 50 . 0 4 1 13.5 6 5.0 1 0 0 2 1 1 1 1 4 42 16 1210.4 NETHER LANDS 13.5 1 0 3 2 59 .0 12 9 4 728. 1 16 6 1 15.8 1 0 0 4 2 50 .5 0 2 2 18.3 0 0 0 4 307.5 SERVICES HOTE LS AND OTHER LODGING PLACES T O T A L N U M B E R OF C A S E S NUMBER CASES — VALUE KNOWN V A L U E ($ M I L L I O N S ) 27 18 1586.3 PERSONAL SERVICES T O T A L N U M B E R OF C A S E S NUMBER CASES — VALUE KNOWN V A L U E (S M I L L I O N S ) 3 3 37 .6 BUSINESS SERVICES T O T A L N U M B E R OF C A S E S NUMBER CASES — VALUE KNOWN V A L U E ($ M I L L I O N S ) 65 19 758. 2 A U T O R E PA IR . SERV IC ES , A N O G A R A G E S T O T A L N U M B E R OF C A S E S NUMBER CASES — VALUE KNOWN V A L U E ($ M I L L I O N S ) 5 3 49.3 2 2 77.4 0 0 0 1 4.0 1 1 10.0 2 1 35.0 0 0 0 0 0 0 0 0 0 6 0 2 1 10.4 0 0 0 0 0 0 0 15 11 1356.8 0 0 0 3 2 6 6 .6 0 0 1 1 19.3 1 4 46 .7 15 0 0 0 4 57 . 3 8 7 63 5. 2 0 0 0 0 U 0 1 U 0 0 2 1 2.4 0 0 11 2 4.6 1 1 36.9 R E P O R T P E R I 00 ; 0 1 / 8 6 - 12/86 TABLE DI R E C T IV IN V E S T M E N T D I S T R I B U T I O N BV INDUSTRY GR OU P OF U.S. A F F I L I A T E A N D COUN TR Y OF FOREIGN PARENT C O M P L E T E D T R A N S A C T I O N S -- 1986 TOTAL CANADA FRANCE GERMANY JAPAN N E TH ER LAND S SWITZERLAND UN IT ED KI NG DO M ALL OTHER MISCEL LA NE OU S REPAIR SERVICES T O T A L N U M B E R OF C A S E S N U M B E R C A S E S -- V A L U E KN O W N V A L U E ($ M I L L I O N S ) MOTION PICTURES T O T A L N U M B E R OF C A S E S N U M B E R C A S E S — V A L U E KNOWN V A L U E ($ M I L L I O N S ) 2 0 0 9 5 16 1.1 A M US EM EN T & RE CR EA TI ON SERVICES T O T A L N U M B E R OF C A S E S NUMBER CASES — VALUE KNOWN V A L U E (S M I L L I O N S ) 16.0 HEALTH SERVICES T O T A L N U M B E R OF C A S E S NU MB ER CASES — VALUE KNOWN V A L U E ($ M I L L I O N S ) 7 4 41 .9 MEMBERSHIP ORGANIZATIONS T O T A L N U M B E R OF C A S E S NUMBER CASES ~ VALUE KNOWN V A L U E (S M I L L I O N S ) MISCELLANEOUS SERVICES T O T A L N U M B E R OF C A S E S N U M B E R C A S E S ~~ V A L U E K N O W N V A L U E (S M I L L I O N S ) T O T A L N U M B E R OF C A S E S NU MBER CA SE S — VALUE KNOWN V A L U E (S M I L L I O N S ) 1 0 0 1 1 2 1 LEGAL SERVICES T O T A L N U M B E R OF C A S E S NUMBER CASES VALUE KNOWN V A L U E (* M I L L I O N S ) EDUCATIONAL SERVICES TOTAL N U MB ER OF CASES NUMBER CASES — VALUE KNOWN V A L U E ($ M I L L I O N S ) 6 5 16 1.1 16.0 0 0 2 1 6.4 0 0 2 1 5.0 0 0 1 0 0 0 0 0 0 0 0 2 0 0 1 1 7 1 10.4 1 32 55 2696.3 3 2 30.5 0 \ 15.5 15.5 0 0 1 0 1 2 2 0 0 0 10.4 18 10 278.9 5 1 3 5.0 1 1 10.4 36 18 1437.4 2 1 19.3 11 6 W3.9 32 11 668.9 2 0 0 27 7 122.5 REPORT PERIOD : 01/86 - 12/86 TABLE DIRECT IV I N V E S T M E N T D I S T R I B U T I O N BY I N D U ST RY G R O U P OF U.S. A F F I L I A T E AND C O U N T R Y OF F O RE IG N PA RE NT COMPLETED TRANSACTIONS 1986 TOTA L CA N A D A FRANCE GERMANY JA P A N NETHER LANDS SWITZER LA ND UNITED KINGDOM ALL OT HE R 96 A D M I N I S T R A T I O N OF E C O N O M I C P R O G R A M S T O T A L N U M B E R OF C A S E S NUMBER CASES — VALUE KNOWN V A L U E ($ M I L L I O N S ) 2 T O T A L N U M B E R OF C A S E S NUMBER CASES — VALUE KNOWN V A L U E (S M I L L I O N S ) 0 REAL PROPERTY T O T A L N U M B E R OF C A S E S NUMBER CASES ~ VALUE KNOWN V A L U E ($ M I L L I O N S ) 1 1 1 12 14 78 5942.1 8 202.8 30 .0 1051 480 35806.0 1 14 57 6763.3 45 17 28 07 .5 I 40 .0 60 42 4128.0 60 25 1659.3 351 170 9274.9 1 5 2 2 65.0 2 40 0 . 0 4 3 36.0 25 19 1040.3 42 16 1395.7 39 17 95 5. 0 178 63 80 73.7 222 95 4876.6 GR AN D TOTAL T O T A L N U M B E R OF C A S E S NUMBER CASES — VALUE KNOWN V A L U E ($ M I L L I O N S ) MOPE OF INVESTMENT TRANSACTION Foreign direct Investment transactions can be classified Into various modes relating to type and characteristics. For the purposes of the OTIA transaction monitoring program, the inodes of Investment used are o Acquisitions/mergers; o Equity Increases; o Joint ventures; o New plants and plant expansions; o Real property (purchases of real estate, except private homes and agricultural land); o All others (Including branches, agencies, representative offices, stores, outlets, warehouses, and unidentified transactions). Appendix D defines these and other terms used 1n this report. As In 1985, acquisitions/mergers and real property transactions were the leading forms of Investment activity In terms of the number of transactions. Acquisitions/mergers accounted for 420 of the transactions Identified during 1986, while real estate accounted for a further 121. Together these two modes accounted for 541 transactions, 51 percent of the total, the same as in 1985. REPORT PERIOD : 0 1 / 8 5 - 12/85 TABLE V MO DE OF I N V E S T M E N T BY SO U R C E C O U N T R Y C O M P L E T E D T R A N S A C T I O N S -- 1986 TOTAL ACQUISITIONS ALL MOOES & MERGERS JO I N T EQ UI TY NEW PLANT REAL OTHER INCREASES VENTURES PLANTS EXPANSION ESTATE MO DE S 57 1 10 51 121 961 . 7 58 20 10 .5 24 1 .5 87 62 9 9 . 4 239 39 1181.7 TOTAL ALL COUN TR IE S T O T A L N U M B E R OF C A S E S N U M B E R C A S E S -- V A L U E KI^OWN V A L U E ($ M I L L I O N S ) 1051 460 35 8 0 6 . 0 420 224 22596.6 51 30 25 14 .6 1 14 57 6763.3 57 29 54 9 7 . 2 10 45 17 28 07 .5 20 21 21 CANADA T O T A L N U M B E R OF C A S E S N U M B E R C A S E S — V A L U E KN OW N V A L U E ($ M I L L I O N S ) 8 82 1 . 2 4 2 80.0 10 4 57 .6 2 1 6.0 16 10 15 3 280. 2 21.1 3 2 6 5 .0 12 FRANCE T O T A L N U M B E R OF C A S E S NUMBER CASES — VALUE KNOWN V A L U E ($ M I L L I O N S ) 24 67 .4 3 2 71.8 25 1659.3 19 7 93 6 . 5 3 3 3 5 4. 5 35 1 1 70 92 7 4 . 9 68 4b 2048 .7 5 2 261 .3 42 16 1395.7 23 10 1 1 160.0 5 2 43.3 0 0 GERMANY T O T A L N U M B E R OF C A S E S N U M B E R C A S E S — V A L U E KN OW N V A L U E (* M I L L I O N S ) 60 9 7 150.6 11 4 97 .2 1 1 40.0 15 3 80.5 JAPAN T O T A L N U M B E R OF C A S E S N U M B E R C A S E S -- V A L U E KNOWN V A L U E ($ M I L L I O N S ) 31 12 42 2 . 0 58 32 1495.8 23 12 125. 1 104 61 45 4 2 74 .9 647 . 1 5 4 21 NETHERLANDS T O T A L N U M B E R OF C A S E S NUMBER CASES — VALUE KNOWN V A L U E ($ M I L L I O N S ) 11 1280.7 4 3 50.0 2 6 5 .0 0 0 REPORT PERIOD : 0 1 / 8 5 - 12/85 table V MODE Of IN VE S T M E N T BY SO URCE C O UN TR Y COMPLETt T R A N S A C T I O N S -- 1986 TOTAL ALL MO DE S ACQUISITIONS & MERGERS EQ UI TY JOINT I N CR EA SE S VENTURES NEW PLANT REAL OT HE R P L AN TS EX PA NS IO N ESTATE MO D E S 5 2 35.5 4 3 5.2 4 3 46 0. 0 6 7 1 8.0 5 4 51 .0 31 4 337.0 26 52 8 96.0 SWITZERLAND T O T A L N U M B E R OF C A S E S N U M B E R C A S E S -- V A L U E K N O W N V A L U E ($ M I L L I O N S ) 39 17 955.0 45 4 . 2 1 1 0. 1 1 78 83 80 7 3 . 7 1 13 69 69 1 0 . 2 11 4 73 2. 5 5 1 35.0 222 102 16 95 4876.6 44 30 0 1 . 7 10 11 5 264.7 \Q 8 UNITED KINGDOM T O T A L N U M B E R OF C A S E S NUMBER CASES — VALUE KNOWN V A L U E (5 M I L L I O N S ) 0 OTHER SOURCE COUNTRIES T O T A L N U M B E R OF C A S E S NU MB ER CASES — VALUE KNOWN V A L U E (S M I L L I O N S ) 273.2 13 8 177. 7 20 1063.3 - 27 - LOCATION OF INVESTMENT BY STATE Foreign direct Investments were Identified In 47 states, Puerto R1co, the District of Columbia, and the Virgin Islands during the year, (See Table VI), with six states accounting for 53 percent of the total. California and New York, the leading states in 1984 and 1985, again attracted the most investments with 179 and 174, respectively. They were followed by Texas (70), Illinois (51), and Florida and New Jersey (42 each). A slightly different picture emerges based on dollar values. Based on the transaction values identified. New York was the leading recipient with $11.7 billion, followed by Texas ($3.7 billion), California ($3.3 billion), Hawaii ($2.0 billion), Illinois ($1.9 billion), and Kentucky ($1.6 billion). Figure 4 NUMBER OF INVESTMENTS BY STATE 1986 (TOTAL 1051 - 100.02) REPORT PERIOO : 0 1 / 8 6 - 12/86 T A B l E VI - STATE L O C A T I O N OF F O R E I G N STATES I N V E ST ME NT S - 1986 NU MB ER OF CA SE S N U MB ER CASES/ VA LU E KNOWN VALUE (S MILLION) TOTAL 1051 480 35806.0 ALABAMA 9 5 382. 2 ALASKA 4 2 23.4 8 283. 1 ARIZONA 1 ARKANSAS CALIFORNIA 1 5.0 179 80 3296.2 COLORADO 15 8 173.0 CONNECTICUT 30 13 1199.0 3 0 DELAWARE 01 ST - C O L U M B I A 16 6 139.4 FLORIDA 42 23 409.2 GEORGIA 34 20 778.9 GUAM HAWAI1 1 0 N> 29 21 2035.8 ILLINOIS 5t 25 1936 . 1 INDIANA 13 9 160.8 4 1 40.0 ID AH O IOWA KANSAS 2 2 44 . 7 27 19 1641 . 5 L O UI SI ANA 7 4 134.5 MAINE 2 2 117.2 MARYLAND 14 2 60.4 MASSACHUSETTS 21 10 276.6 MICHIGAN 27 9 691 . 9 MINNESOTA 9 5 191.2 MISSISSIPPI 2 1 KENTUCKY 18.2 00 REPORT PERIOD : 0 1 / 8 6 - 12/06 TA BL E VI - STAT E L O C A T I O N OF F O R E I G N STATES I N V E S T M E N T S - 1986 NUMBER OF C A S E S N U M B E R C A SE S/ V A L U E KN O W N VALUE ($ MI L L I O N ) MISSOURI 9 3 296.2 MONTANA 2 2 26.0 NEBRASKA 3 1 5.9 NEVADA 5 4 240. 1 NEW HAMPSHIRE 3 1 6.0 N E W J E RS EY 42 10 862.8 NE W M E X I C O 1 1 1 .0 174 68 11660.9 38 16 262.3 2 2 55 .0 30 16 1203.3 OKLAHOMA 1 0 • OREGON 6 1 1 .2 33 10 227.6 PUERTO RICO 1 0 RHODE 3 2 154.5 7 5 52 .9 TENNESSEE 14 7 49 7. 0 TEXAS 72 28 37 47 .5 UNKNOWN 1 0 UT A H 5 4 VE R M O N T 1 0 N E W YORK NORTH CAROLINA NORTH DAKOTA OHIO PENNSYLVANIA IS LA ND SOUTH CAROLINA • S O U T H DA K O T A VIRGIN 1S LA N0 S 979.6 • • VIRGINIA 27 14 1027.0 WASHINGTON 12 6 170.4 1 1 69.7 WEST VIRGINIA REPORT PERIOD 01/86 - 12/86 TABLE VI ST A T E S - STATE L O C A T I O N OF N U MB ER OF CASE S F O R E I G N I N VE ST ME NT S - 1986 N U MB ER CASES/ VALUE VALU E KNOW N (S MILLION) WISCONSIN 6 1 100.0 WYOMING 1 1 100.0 o - 31 MAJOR SECTORAL DEVELOPMENTS The following section focuses on major Investment transactions trends in the more active industrial sectors during 1986. Metal Mining (SIC 10) - Continued Interest by foreign Investors In the U.S. gold mining Industry resulted 1n a 40 percent Increase of foreign direct Investment In the U.S. metal mining sector In 1986. Eleven of the 14 completed transactions Identified had a total value of $519.5 million, more than four times greater than the 1985 total. Two major transactions accounted for 67 percent of the value. The largest was the modernization of Standard Oil Co.'s Utah Copper Division production facilities at a cost of $220 million. Standard Oil Co. of Cleveland, Ohio, which was 55 percent owned by the British Petroleum Co. PLC at the commencement of the three-year project, is how wholly owned by that company. The second major transaction was Echo Bay Mines Ltd.'s acquisition of certain gold mining properties from Tenneco Inc. of Houston, Texas for $130 million. The properties are located primarily in Nevada. Echo Bay Mines, with headquarters in Edmonton, Canada, Is a major mining company with significant gold mining operations in both Canada and the United States, Including a 50 percent interest in Round Mountain Mine, the third largest gold mine in this country. Two primary source countries accounted for more than two-th1rds of the Investments 1n the metal mining sector. In the same ranking order as the previous year, Canadian Investors were credited with 7 transactions, while Investors from the United Kingdom accounted for 3 transactions. Eight of the 14 transactions were acquisitions. There joint ventures and 2 equity increases. Gold mining as attractive Industry accounted for 6 transactions, 5 of acquisitions. The copper, iron ore, uranium and other each had 2 transactions. were also 4 the most which were metal ores - 32 - __________Figure 5 NUMBER OF INVESTMENTS IN THE METAL MINING INDUSTRY. 1982-1986 number of investments 201------------------ — ---- -— "" 011 and Gas Extraction (SIC 13) - In 1986 the U.S. oil and gas extraction sector suffered the worst year in a decade. Plunging oil prices, weak natural gas prices, and an oversupply of crude oil in storage caused operating earnings for major domestic oil companies to fall 80 percent below those of a year earlier. Since most companies were unable to fund and produce new oil profitably at 1986 price levels (about $16 per barrel at year's end) many suspended exploratory drilling in the United States. The number of working U.S. rigs fell from 1,915 in 1985 to 663 in July 1986, the lowest number since 1940 when record keeping began. The 55 percent reduction of foreign direct Investment in this industry reflected the problems that producers were having worldwide. OTIA identified 29 completed transactions, the lowest number recorded in the 1980's. The value for 15 of the transactions was $1.8 billion, a decrease of 66 percent from 1985. The largest transaction accounted for most of the value figure. That transaction was the acquisition of Big Three Industries Inc., a Houston, Texas industrial gas producer for about $1.1 billion in cash by L'Air Liquide SA of France, one of the world’s leading producers of industrial gases. The second largest transaction was the acquisition by Shell Oil Co a wholly owned subsidiary of the Royal Dutch/Shell Group of the ** Netherlands, of several onshore and offshore California oil - 33 - exploration and production properties from Phillips Petroleum Co. for $225 million. The third largest transaction was also an acquisition of oil and gas properties. Lear Petroleum Partners LP sold exploration and production related assets to Mlnatome Corp., a Houston-based subsidiary of Total-Compagnie Francalse des Petroles (CFP), for $115 million. Total-CFP Is the Paris-based oil and gas exploration controlled by the French Government. The principal source countries for investment in this sector changed considerably 1n 1986 from past years. Since 1982 investors from Canada, the Netherlands and the United Kingdom have been the most prominent. However, In 1986 Australian investors ranked first with 7 transactions. Investors from the Netherlands were second with 5 transactions, while Japanese investors were in third place with 4 transactions, one of which was the Texaco USA Inc.-Nippon 011 Co. Ltd. joint drilling and exploration venture valued at $100 million. Almost half of the transactions in the oil and gas extraction sector were acquisitions (14). Equity Increases (8), new wells (3) and joint ventures (2) were other types of multiple Investments. ________________ _____Figure 6____________ NUMBER OF INVESTMENTS IN THE OIL & EXTRACTION INDUSTRY. 1982-1986 NUMBER OF INVESTMENTS - 34 Food & Kindred Products (SIC 20) - Foreign companies are making major inroads into the U.S. food and kindred products sector. In 1986, the foods Industry experienced a 64 percent increase 1n the total number of transactions. In 1986, OTIA Identified 39 completed cases, 24 values totalling $1.7 billion, while the prior year there were 25 transactions and values totalling $3.2 billion. Investments by principal source countries were responsible for 77 percent of all completed transactions. Japan was the major source country in the food & kindred products area. Japanese Investors accounted for 13 of the 39 completed transactions. Other major source countries were Switzerland with 6 cases, United Kingdom 5, and 3 each from Canada and the Netherlands. In 1986, foreigners Invested $1533.7 million (92 percent of the total value) to acquire 21 U.S. food producers and processors; 6 new plants/expansions, 5 new offices, new wineries or joint ventures and 2 equity Increases. British Petroleum Company's (BP) aim to diversify outside oil and related business resulted 1n the largest transaction In the foods sector. Ralston's Purina Mills, the nation's largest animal feed business headquartered in Louisville, Kentucky was purchased by BP for $500 million. BP, which is 36.1 percent owned by the British Government, 1s now the largest animal feed company 1n the world. Motivated 1n part by the declining dollar and depressed Import sales foreign Investors made 4 acquisitions and expanded one plant to tap the growing U.S. market for wines, brandy and brandy spirits. Nestle SA, a Swiss food giant, acquired financially troubled Louverain Cellars 1n Geyservllle, CA for $12.5 million. The Gloria Fever Champagne Caves 1n Sonoma County, California were opened In July 1986 by Spanish wine maker Frelzlnet SA. Ridge Vlneryards, a small but prestigious California winery, was purchased by an Amercan subsidiary of Otsuka Pharmaceutical Co. Ltd. ToyKo, Japan. * Takara Shuzo Co. Ltd. of Japan paid $2.7 million for a 90 percent Interest In Honolulu Sake Brewery & Ice Co. And Takara also invested $1.3 million to expand Its Berkeley, Calt?irn?, sS e Foreign companies Invested 1n a variety of other suhsertnrc Labatt Ltd., a Canadian brewing and food concern oald J i m q mu n n n for a 95 percent Interest In Pasquale Food S i Bl^inlL Alabama-based supplier of fresh pizza crusts and pasta supermarkets and delicatessens. Johanna Farm* tEJ « ? k - tl John Labatt Ltd. (AUentovn, PA) ' - 35 - facilities of Atlantic Processing Inc. Johanna & API were major competitors In the fluid milk Industry. Two British companies, Cadbury Schweppes PLC and Rowntree Mackintosh PLC were among the top Investors 1n foods. Cadbury Schweppes PLC, a London-based candy and soft drink company, has been aggressively building Its soft drink business 1n the United States. In 1986, Cadbury bought RJR Nabisco's Canada Dry & Sunklst Soft Drinks for $230 million. Continuing Its expansion drive, Cadbury paid $124.8 million for a 30 percent Interest in Dr. Pepper Co. Dr. Pepper Co, (Dallas, Texas) 1s the fourth largest soft drink producer In the United States. Continuing Its strategy of diversification through Investment In the United States, Rowntree Mackintosh PLC added to its confectionery business by acquiring Sunmark Inc. for $230 million. Sunmark is based In St. Louis, Missouri. The Fleishchmann yeast and vinegar plant was purchased by Burns, Philip & Co. Ltd. of Sydney, Australia for $130 million. Flelschmann is the country's largest producer of consumer yeast. Figure 7 NUMBER OF INVESTMENTS IN THE F000S INDUSTRY, 1902-1986 NUMBER OF INVESTMENTS 80 1881 I8B8 IBM 1881 1888 Paper and Allied Products (SIC 26) - As a growing number of foreign producers compete for market share In the United States, they are establishing or expanding their presence here. However, since the U.S. paper and allied products sector continued to be challenged by - 36 global competition 1n some product lines and worldwide overcapacity In others, foreign Investors became more cautious 1n 1986. This may explain the slight decline 1n the number of Investments recorded by OTIA, which Identified 11 completed transactions, 4 of which had a total value of $725.6 million, with the largest transaction accounting for 94 percent of that figure. This transaction was the acquisition of Container Corp. of America by Jefferson SmurfIt Corp. in partnership with Morgan Stanley Leveraged Equity Fund. The total cost of the Investment, including assumption of debt, was about $1.2 billion. Jefferson SmurfIt Corp.'s share was about $683 million. The Alton, Illinois-based firm, which operates seven paperboard mills and more than 60 plant sites In the United States, is 78.5 percent owned by the Jefferson Smurfit Group Ltd. of Dublin, Ireland, an international manufacturer of paperboard and packaging products. The group, controlled by the Smurfit family, accounted for 36 percent of the Investments In this sector in 1986. As In 1985, Ireland was the leading source country with 4 transactions. Canada and Japan tied for second place with 3 transactions each. Almost three-quarters of the investments were acquisitions (8). The others were all new plants (3). The majority of the investments were equally divided (2 transactions each) In four subsectors: 2611-pulp mills; 2621-paper mills; 2641-paper coating and glazing and 2651-folding paperboard boxes. # Figure 8 NUMBER OF INVESTMENTS IN THE PAPER INDUSTRY*. 1982-1986 NUMBER OF INVESTMENTS 20 IS 13 13 12 •INCLUDES ALLIED MODUCTS - 37 - Printing and Publishing (SIC 27) - A weakened dollar and access to half the world's book market encouraged foreign Investors to acquire U.S. publishing houses at an unprecedented rate In 1986. OTIA Identified 38 Investments with 15 values that totalled $1,697.6 million, a record sum for this industry. Almost 16 percent or 6 transactions, had values exceeding $100 million. The largest of these was Bertelsmann AG's acquisition of Doubleday & Co. for the record sum of a half billion dollars, some 70 times Doubleday's most recent profit figures. Bertelsmann, West Germany's biggest communications concern, is controlled by Reinhard Mohn in Guetersloh, West Germany. An acquisition by a Canadian investor in the book publishing industry tied for second place with an acquisition in the periodicals publishing industry by a British investor. In the former, International Thomson Organization Ltd., a Toronto-based publisher controlled by Kenneth R. Thomson, acquired South-Western Publishing Co., an Ohio business and mathematics textbook publisher, from SFN Cos. for $250 million. In the other transaction Dun and Bradstreet Corp. sold Its Technical Publishing Co. subsidiary to Cahners Publishing Co. of Newton, Massachusetts, a unit of Reed International PLC of London, also for $250 million. The third largest transaction was another acquisition by International Thomson Organisation Ltd. The Canadian publisher purchased Cordura Corp., a Los Angeles database publishing firm for $222 million. Robert Maxwell, Chairman of British Printing & Communication Corp. PLC (BPCC) and owner of the Mirror newspaper group of London, accounted for the fourth and fifth largest transactions recorded in 1986. Both were acquisitions by BPCC which purchased Providence Gravure Holdings Inc., a commercial printing company in Providence, Rhode Island, for $152 million, and the Webb Co., a St. Paul, Minnesota printing and publishing group, for $117.3 million. Investors from the United Kingdom and Canada continued to account for the bulk of the transactions in the printing and publishing sector. In 1986, investors from these two countries made almost three-quarters of the investments identified. Prominent among them were Canadian publisher Kenneth R. Thomson with 8 investments and British publisher Robert Maxwell with 6 investments. The United Kingdom was the number one source country with 16 transactions; Canada, with 12 transactions, was in second place. All other sources countries, including Australia, Italy, the Netherlands, Sweden and West Germany had 2 transactions each. Twenty-nine of the transactions were acquisitions. There were also 3 equity Increases, 3 new subsidiaries, 2 joint ventures and 1 new office Identified. - 38 Periodicals publishing (2721) attracted the most Investor Interest. There were 15 transactions; one-third of them had an aggregate value of $426.2 million. However, the book publishing Industry (2731) with 10 transactions had the highest total value - $760.2 million for 4 transactions. Newspaper publishing (2711) wasthe thirdroos* attractive Industry with 5 transactions, one of which had a $75.o million value. Figure 9 NUMBER OF INVESTMENTS IN THE PRINTING & PUBLISHING INDUSTRY. 1962-1966 NUMKR V INVESTMENTS h SO 10 20 10 0 Chemical and Allied Product (SIC 28) - Chemical and pharmaceutical companies outside the United States are aqulring U.S. chemical businesses in record numbers at premium prices. The effect of new tax laws on capital gains gave U.S. companies the Incentive needed for restructuring their operations, giving up unprofitable and unrelated segments. With the weaker dollar and the Increased desire to become global, the U.S. has become the prime target for many foreign chemical companies. Over $4.2 billion was spent In the chemical industry durina 1986 bv 1n<l“stry of choice. With the trend set In 1985 for billion dollar investments, we exDect 1t to continue at least through 1987, since two acquisitions to be J e a S ' l M e " 'M 7 ** * “ St °f nMr,y W 6,1"°" announced at While there was an eighteen percent Increase in the number of transactions Identified, the known dollar value of t S « r * ? L « nearly doubled. Sixty-nine transactions xere identified S l t H a l u e s - 39 - for 37 totalling more than $4.2 billion. Ten transactions accounted for nearly 94 percent of the value. British companies had the largest share when Hansan Trust acquired the remaining 75 percent of SCM Corporation, an acquisition started 1n 1985 for $699.6 million. Other transactions included: — Boots Company PLC acquired Baxter Travenol's Flint (pharmaceutical preparation) Division for $550 million. ~ The Beechman Group PLC acquired Norcllff Thayer, another pharmaceutical company for $395 million. — Celanese Corp. sold Its paint and varnish division to R1n-Tinto-Z1nc Corp. PLC, another British company, for $138 million. Other British companies like Gloxo Holdings and BOC Group PLC made smaller investments. ~ The French Government controlled Rhone-Paulenc acquired the agricultural crop division of Union Carbide for $575 million. — Japan's Dainlppon Ink and Chemicals Inc acquired the graphic arts division of Sun Chemical for $550 million. Previously financing research and development In this industry, Japanese companies are now beginning aggressively to seek and Increase their presence In the specialty chemical market. -- The Swiss chemical and pharmaceutical giant, Sandoz Ltd., acquired Farley/Northwest Industries' Velsical chemical pesticide subsidiary for $225 million. — Monsanto Company sold Its paper chemical division to Akzo NV, the Nether’ands, for $200 million. — Montedison SPA, Italy, increased its investment in Ehramont NV, a Connecticut pharmaceutical company, from 71 to 85 percent for $125 million. -- Belgium's Solvay & Cle acquired Re1d-Rowel1 Inc., a Georgia pharmaceutical company for $117.0 million. British companies contributed the largest share of transactions (18) with a known value at $1.8 billion. Japan had 15 transactions and values of $695 million, while France had only 4 transaction valued at approximately $580 million. There were also 12 transactions by Germany companies. Acquisition was the investment mode used most often (39) with 16 new plants and 13 expansions of existing facilities. - 40 In another development not Included In this Industry but associated with It, Charles of the R1tz, a distributor of cosmetics and health care products was acquired by Yves Saint Laurent of France for $630 million. There was also one large transfer between British companies, as Britain's Hanson Trust sold the Glidden Paint division that It acquired through its acquisition of SCM to Imperial Chemicals for $580 million. Figure 10 NUMBER OF INVESTMENTS IN THE CHEMICAL INDUSTRY*. 1982-1986 NUMBER OF INVESTMENTS 100 ------------------------------------------------------------------------------------------------------ -------- — 1911 IM l 1104 _____________ __________ IMS ||H •INCLUDES ALLIED IWOUCTS Petroleum Refining and Related Industries (SIC 29) - While refined petroleum products' prices fell more slowly than did crude oil prices in 1986, there was still too much refining capacity to keep profit margins high enough to attract foreign investors. In 1986 OTIA recorded only one completed transaction in the petroleum refining industry. It had a value of $540 million. Petroleos de Venezuela SA (PDVSA), Venezuela's state-owned oil company, acquired a 50 percent equity interest in Citgo Petroleum Corp. of Dallas, Texas for $290 million. In addition, PDVSA agreed to provide $250 million or 50 percent of Citgo1s working capital requirements. The Citgo acquisition was part of the state-owned oil company's strategy to acquire equity interests 1n refining capacity in Its major markets. Venezuela ranks with Canada, Mexico, and Saudi Arabia as the leading foreign suppliers of crude oil to the United States. - 41 Cltgo's Lake Charles, Louisiana refinery complex, which has a production capacity of 320,000 barrels per day, Is the ninth largest refinery 1n this country. Thirty percent of the crude processed at the refinery is heavy oil, much of it supplied by Venezuela. In addition to Its refinery, Citgo operates a wholesale business that provides refined oil products to more than 300 independent distributors in 30 states and has interests in several U.S. terminal and pipeline systems. At the end of 1986, PDVSA was still negotiating the terms of a joint venture with Union Pacific Corp. to own and operate the Champlin oil refinery in Corpus Christi, Texas. One noteworthy foreign investment in the petroleum refining industry that fell through was the attempted acquisition of Ashland 011 Inc. by the Belzburg family of Canada. Actlhg through First City Financial Corp. Ltd. and First City Trust Co., Canadian firms In which they have major holdings, the Belzburgs offered to acquire Ashland 011 Inc. of Ashland, Kentucky, the largest independent refinery in the United States, for $60 per share, or $1.8 billion. However, stringent anti-takeover laws rushed through the Kentucky legislature and Ashland's offer to buy back the Belzburg's 9.2 percent holdings at $51 per share or $134.1 million ended the proposed acquisition. Figure 11 NUMBER OF INVESTMENTS IN THE PETROLEUM REFINING INDUSTRY*. 1982-1986 NUMBER OF INVESTMENTS 20 |------------------------------------------ ------ -— 16 ■ •AM MUTED IMM TRIES - 42 Rubber and Miscellaneous Plastics Products <SIC 30) - OTIA recorded 11 completed transactions with values for 5 totalling $377.7 million in the rubber and miscellaneous plastics products industries. Following the lead of auto manufacturers, foreign tire makers are targeting the U.S. replacement tire and original equipment markets at an ever increasing rate. Invasion of the U.S. tire market comes at a time when producers, both domestic and foreign, are offering a variety of all-weather tires, thus making it unnecessary to change tires with the season. The largest transaction In the rubber industry was Japan's Sumitomo Rubber Industries increase of their equity Interest in Dunlop Tire Corp., Grand Island, New York, for $245 million. Sumitomo, also a tire maker, 1s owned by Sumitomo Electric Industries Ltd. Sir James Goldsmith, an Anglo-French financier, made an unfriendly, and ultimately unsuccessful bid to acquire Goodyear Tire and Rubber Co., the world's largest tire maker, for $5 billion. Goldsmith accumulated an 11.5 percent Interest In Goodyear but sold the shares back to the company. Figure 12________________ number of NUMBER OF INVESTMENTS IN THE RUBBER S MISCELLANEOUS PLASTICS PROOUCTS INDUSTRY, 1982-1986 investments - 43 - Stone, Clav. Glass and Concrete Products (SIC 32) - European Investors— paying with less expensive dollars Into a market that looks better here than at home— are Investing In U.S. cement, concrete and construction products, acquiring not only the manufacturing facilities but distribution networks as well. They now control 51 percent of U.S. cement production capacity. There were 16 transactions Identified during the period covered with values for 10 totalling $851.3 million down 23 percent in the number of transactions but more than double 1985 known values. Four transactions of significant value were identified. Gifford-Hel1, one of the nation's largest producers of cement and construction supplies, was purchased by C. H. Baeger Holdings PLC, a British property and construction company for $275 million. Tarmac Inc. another British company paid $225 million for a 60 percent interest in Lone Star Industries, a southeastern United States cement and concrete business. Marley PLC, also British, acquired General Shale Products Company, a Texas br1:k and other building materials, for approximately $94 million. And, Holderbank Financlere Glaris of Switzerland bought 68 percent of nearly bankrupt Ideal Basic, another cement and construction products company for $100 million. After restructuring, Holderbank will become the second largest cement producer in the U.S. in terms of capacity as 1t had acquired some Lone Star facilities In previous years. These four transactions accounted for more than 82 percent of the Identified transaction values, while British companies accounted for nearly 83 percent of the total value. Acquisitions (9) were the favored mode of transaction. Figure 13 NUMBER OF INVESTMENTS IN THE STONE. CLAY. AND GLASS INDUSTRY. 1982-1986 NUMBER OF INVESTMENTS 30 --------------------------------------------------------------------------------------- a • - 44 Primary Metal Industries (SIC 33) - Although the U.S. primary metals sector continued to be affectedly problems such as worldwide overcapacity, weakening prices* and labor disputes, Th participation In this area Increased 26 percent over 1985. There were 29 completed transactions Identified 1n 1986; 15 of them had a total value of $594.9 million. Aslan Investors, strong competitors In the primary metals area, accounted for more than 90 percent of the total value. The three largest Investments 1n the primary metals sector were all made In the steel Industry by Investors from Asia. The first was USS-Posco Industries, a joint venture, formed by USX Corp. and Pohang Iron & Steel Co. of South Korea to build a new steel mill in Pittsburg, California. Pohang's share of the venture is valued at $240 million. The South Korean steel producer has the Korea Development Bank, a state-owned Institution, as its major shareholder. The second largest Investment was the $90 million all electric steel mini-mill which Sanger Steel Corp. is building in Sanger, California. Sanger Steel 1s a subsidiary of Dynatec International Ltd. of Japan. The third major investment was Wheeling-N1ssh1n Inc., a joint venture firm that is building a sheet-steel coating plant In Follansbee, West Virginia. The value of the transaction is $69.7 million. Under the terms of the joint venture, Wheeling Pittsburgh Steel Corp. will be a one-third partner in the project, contributing land, buildings, and services. Nisshin Steel Co. of Tokyo, Japan will guarantee loans of about $55 million, most of which is to be borrowed from Japanese banks. Nisshin Steel, which Is 11 percent owned by Nippon Steel Corp., also holds 10 percent of Wheel1ng-P1ttsburgh's common stock. Two countries, in the same ranking order as 1n 1984 and 1985, were the source of almost 70 percent of the transactions In this sector. Japanese firms with 16 transactions were the pre-eminent Investors and accounted for $298.2 million, almost three-quarters of the total investment value 1n 1986. Canadian Investors ranked second as they did In 1985 with 4 transactions. Acquisitions accounted for the largest number of transactions - 14. That was a 50 percent Increase over the previous year. The other primary forms of Investment were new plants (6) and joint ventures (5). Steel producers from Japan and South Korea made all of the joint venture Investments. The number of transactions In the steel Industry (14) rose onlv slightly from 1985, but the number of investments in aluminum (7) more than doubled, despite two major divestitures bv foreian investors in this Industry. 8 J - 45 - The first one was the divestiture of 50 percent of Alumax Inc., the nation's fourth largest aluminum company, by Mitsui & Co. Ltd., which owned 45 percent of the firm and by Nippon Steel Corp. which owned the remaining 5 percent. The Japanese partners sold their shares of Alumax to the third partner, Amax Inc., for $435 million. Alumax, one of the earliest Japanese direct Investments in the United States, was established In 1974. The second divestiture was by Alusuisse. The Zurich-based company decided to abandon its smelting activities in the United States and sold Its 66 percent holdings in Ormet Corp. which operates a processing plant In Louisiana and a smelter in Ohio. Alusuisse also closed its smelter In Tennessee. Figure 14 NUMBER OF INVESTMENTS IN THE PRIMARY METAL INDUSTRY, 1962-1966 NUMBER OF JNVESTNENTS SO 40 30 20 10 0 iM2 i«n im im jam Machinery, Except Electrical (SIC 35) - Continued Interest by foreign Investors in the gradually recovering machinery Industry gave cause for a 72 percent Increase in the total number of completed transactions for 1986. There were 66 completed transactions In 1986, with values for 34 of them totalling $599.2 million compared to 48 in 1985 with a total value of $562.4 million. Investment modes for 1986 Included 33 acquisitions, which accounted for 50 percent of reported transactions, followed by 12 new plants/expansions, 3 joint ventures, 7 equity Increases, and 11 other types of activity such as new subsidiaries, companies and headquarters. - 46 As 1n 1985, Japan was the principal source country and Japanese Investors dominated the machinery Industry, with 28 transactions and values for 16 of them totalling $402.1 million. Electronic computing equipment was the most attractive subsector, with 18 cases and a value of $240.3 million. AEG AG of Frankfurt, West Germany and the second largest electronics firm In that country, bought the remaining 81 percent of the outstanding common stock of Modular Computer Systems Inc. (Ft. Lauderdale, Florida) for $52 million. Japanese Investors were responsible for the two largest transactions in this sector. With a continuous expansion strategy In the U.S. market, Canon Inc. opened its first U.S. copier manufacturing plant In Newport News, Virginia. Canon's $125 million Investment demonstrates their commitment to establish a manufacturing base in the United States. Canon Is a leading international manufacturer of business equipment, cameras and video equipment. Fanuc Ltd., Japan, a manufacturer of automation machinery and controls, and General Electric Company formed a 50-50 venture company - GE Fanuc Automation Corp. to produce machine control equipment. The $100 million joint venture is headquartered in Charlottesville, Virginia. ___________________ Figure 15 NUMBER OF INVESTMENTS IN THE MACHINERY INDUSTRY, 1982-1986 number of investments ■ 100 90 - «0 - 70 - ---- " - ---- — - 47 Electric & Electronic Equipment (SIC 36) - Foreign firms were responsible for 75 transactions for a total of $1.8 billion 1n the electric and electronic equipment industry for 1986. That compares with 48 transactions In 1985 and a $1.1 billion value. With value remaining about the same for the 2 years, there was a 64 percent increase 1n the total number of transactions. Foreign companies eager to gain a foothold in the continued to do so via the acquisition route with followed by 23 new plants/plant expansion, 15 new offices, companies or joint ventures and 5 equity United States 32 transactions, subsidiaries, increases. Japanese Investors, aggressively shopping for small or financially troubled high-tech companies in the U.S. dominated the electric and electronic equipment industry with 38 completed transactions and a value of $235.1 million. Other traditional source countries continued to be prominent investors: the United Kingdom with 12 transactions, followed by Canada and West Germany with 6 each and 5 from France. Investors from 7 other countries accounted for the 8 remaining transactions. As In 1985, the east coast was the most predominant geographically in attracting foreign investors with 35 transactions. California, known for high technology and revision of its unitary tax bill In 1986, attracted more Investors than any other state with 18 completed cases. In hopes of Improving Its position In the United States, Europe's top appliance maker was responsible for the largest transaction in the electronics Industry. Electrolux AB of Sweden paid $742.6 million for White Consolidated Industries. White Consolidated, based In Cleveland, Ohio, Is the nation's third largest maker of major home appliances. The company manufactures such brand name appliances 1n the as Frlgldaire, White, Westlnghouse, Kelvinator and Gibson. Another large transaction In the electronics industry was by a German company. For $300 million General Electric Company sold Its 75 percent stake in RCA/Ariola International records operations to Bertelsmann AG, which already owned 25 percent. Bertelsmann 1s controlled by Relnhard Mohn and family, Guetersloh, West Germany. RCA/Ar1ola, formed in a merger of RCA's record and music publishing group with Bertelsmann's Arlola unit last year, Includes the RCA, Arista, Arlola and Hansa labels. It Is the third largest record company in the world with operations in 18 countries. Siemens AG, a giant West German electronics company, paid $336 million for an 80 percent interest in GTE's switching business, Stamford, Connecticut. The most active subsector in the electrical industry was electronic components (3679) with 13 completed transactions. Japan's Mitsubishi - 48 Metal Corp. acquired S11tec Corp. of Menlo Park, California for $32 million. SI 1tec produces silicon wafers used to make computer chips. JVC America Inc., a subsidiary of the Victor Company of Japan, opened a $30.3 million subsidiary In Tuscaloosa, Alabama to produce videocassette tapes. Victor Is owned by Matsushita Electric Industrial Co. Ltd., Osaka, Japan. The second most attractive subsector for this industry was In the semiconductors and related devices (3674) subsector, with 12 completed transactions. Japanese Investors were responsible for 8 of the cases: an acquisition In California; 2 new plants-Washington and California; 2 new offices-New Jersey and Texas; a new division In Florida; a new company in California, and a joint venture 1n Pennsylvania. The most controversial issue in the electronics Industry for 1986 was a proposed transfer of ownership between foreign companies. Fujitsu Ltd., Tokyo, Japan offered to buy control (80 percent) of Silicon Valley pioneer Fairchild Semiconductor Corp., which 1s owned by Schlumberger Ltd., a Netherlands Antllles-based producer of oil exploration equipment. Fairchild manufactures advanced technology semiconductors used widely in mainframes and supercomputers and a variety of Oefense Department programs. In light of trade frictions and the recent trade agreement between the U.S. and Japan governing the prices of certain semiconductor products made In Japan and potential U.S. national security implications, the U.S. Government Instituted a review of the pending merger. As a result of mounting concern within U.S. Government circles that the merger could be detrimental to national Interests, Fujitsu withdrew Its proposal. Figure 16 NUMBER OF INVESTMENTS IN THE ELECTRICAL INDUSTRY. 1982-1986 NUMBER OF INVESTMENTS 1001------------------------------------------- ---- ---- 00 * - 49 - Transporatlon Equipment (SIC 37) - Foreign investment 1n this Industry increased more than 56 percent 1n the number of transactions as well as value known over 1985 as Japanese Investors continue to play the major role. Their share remained about the same as 1985, about 20 percent. Toyota Motor Company started construction on an $800 million automotive manufacturing facility In Kentucky, while Fuji Heavy Industries and Isuzu Motors announced plans to form a joint venture in the United States in 1987. Most notable was the influx of auto parts manufacturers (17) that came Into the United States as many states recruited new Investments, often as a way of providing jobs for their citizens, granting concessions and incentives. The strength of the yen and need of suppliers to be near their customers gave rise to many original and replacement parts manufacturers locating in the United States in order to remain competitive. With the construction of the Toyota plant underway, Japan now has six automobile manufacturing facilities In various stages of construction or operation in the U.S., with the ultimate capacity to produce more than 1.5 million cars and light trucks a year. These were 24 transactions identified with values for 18 totalling more than $1 billion. Traditionally, Investors in this Industry have opted for establishing their own facilities. This year was no exception with 14 new plants and 7 expansions of existing facilities. Concentration was mostly 1n the Eastern and Southeastern United States. Figure 17 NUMBER OF INVESTMENTS IN THE TRANSPORTATION INDUSTRY*. 1962-1986 NUMBER OF INVESTMENTS SO 40 a 20 10 0 •SPECIALTY COUinCNT Instruments and Related Products (SIC 38) - Foreign investors are investing in this sector for much the same reasons as other industries. There seems to be a number of opportunities available. In many cases home markets have lost much of their appeal and the increase In other currencies against the dollar has brought about bargain prices for companies wishing to expand into the U.S. market. The medical and photographic equipment and measuring and control devices Industry were most appealing. Half of the transactions Identified were In the medical equipment subsector. OTIA Identified 24 transactions with values for 12 totalling $1 billion. Over 41 percent of the transactions and 82 percent of the value were by British companies. While the number of transactions decreased about 42 percent from 1985, the value known Increased nearly six-fold. Two transactions of significant value: Siebel PLC acquired Robertshaw Controls, a Virginia temperature control devices, for $468.8 million; Richard Medical, a manufacturer of orthopedic products, was acquired by British Smith Nephew Associates Company for $284 million. Except for California with 7 transactions, there was no particular geographic concentration. Acquisition was the most popular Investor mode in this Industry (19). ________________ Figure 18___________________ NUMBER OF INVESTMENTS IN THE INSTRUMENTS AND RELATED PRODUCTS INDUSTRY 1982-1986 NUMBER OF INVESTMENTS 30 |--------------------------------------------------------------------------- ------ — ------------- 1 - 51 Retail Trade (SICs 52-59) - Retail trade continues to be a sector of great Interest to foreign Investors as the services industry emerges as a larger portion of the U.S. economy. Fueled in part by the increase in value of other currencies against the dollar, economic conditions were favorable for foreign Investors 1n this service-oriented sector. There was only a slight Increase 1n the number of transactions Identified but more than five-fold increase in dollar value over 1985. Seventy transactions were Identified 1n this sector with values for 21 totalling approximately $5.6 billion. By far the greater share of dollar value came from the subsectors department stores and miscellaneous. Clothing stores accounted for 93 percent of the value but only 31 percent of the number of transactions. Eating and drinking places had the greatest number of transactions (19). Allied Stores— parent company of Garflnckel 's. Brooks Brothers, Bonwlt Tellers, Ann Taylors, Miller and Rhoads, Jordan Marsh, and Plus-slzes— was a acquired by the Campeau Corp. for $4.3 billion. Campeau, a Canadian real estate developer controlled by Robert Campeau, almost immediately began restructuring and divesting many of Allled's unprofitable stores to pay off some of its debts. Another Canadian company, Peoples Jewelers, controlled by Marvin, Betrand and Gall Gerstein, and Swarovski International, paid $550 million for the 85 percent of Zale Jewelers that Peoples did not already own. Herman Sporting Goods was acquired by British Dee Corp, for $410.0 million. Onex Capital Corp., a subsidiary of Canada Development Corp., (82 percent owned by the Government of Canada) acquired Flagship International, In-flight caterer, from AMC Corp. for $125 million. Canadian companies accounted for more than 84 percent of the value but only 5 transactions, while British companies had 23 transactions and less than 1 percent of the dollar value. Japan had 13 transactions wh le other countries had 4 or less with no significant value reported. International retailers aiming for the U.S. market at one time only sought New York addresses. However, with sky rocketing rentals they are beginning to select other states as entry points to this mass consumer market. There were 23 transactions in New York. However, 10 selected California, and 6 Georgia 13 other states also had investments in this category. Except for the 4 major acquisitions and a couple mid-size transactions, investments in this sector tend to be small, with 35 new start-up operations and 24 acquisitions. - 52 Figure 19 NUMBER OF INVESTMENTS IN THE RETAIL TRAOE INDUSTRY. 1982-1986 NUMBER OF INVESTMENTS in 10 jo so 0 not W0» IN* IM _ UN Banking (SIC 60) - During 1986, 18 completed banking transactions were Identified, six of which had reported values totalling $73.2 million. While the number of transactions registered increased 50 percent from 1985, the associated values were 3.5 times the 1985 level. Similar to 1985, 1986 was marked by the absence of large bank acquisitions. Fifty-five percent (10 cases) of the banking investments were made in New York (7) and California (3). Illinois received two banking investments, while the District of Columbia, Kentucky, Massachusetts, New Jersey, Pennsylvania, and Texas each received one. Foreign banks' predominant choice as "home state" (a choice required by the International Banking Act of 1978) remained New York, with California second. Asian investors from Japan (8) and Hong Kong (3) accounted for over one-half of the 1986 transactions. Investors from the Netherlands Antilles were responsible for two investments while investors from Australia, Denmark, Egypt, Italy, and Yugoslavia each accounted for one transaction. In the previous year, the United Kingdom, Hong Kong, and Finland were significant investors. During 1986, five of the investments were new branches, and one new banking subsidiary was established. Increased investor activity accounted for nine acquisitions of existing U.S. banks. There were several reasons for the turnaround on the level of foreign banking activity in the United States. One important reason was the - 53 - falling value of the dollar, which made U.S. banking assets more attractive to foreign Investors. Further, Improved conditions In the oil, mining, and agricultural sectors have improved the outlook for the U.S. banking industry. Most Importantly, Investors such as the Japanese with large amounts of Investible funds view the vast U.S. market as a safe, reliable, profitable arena worthy of large investments. _____________________ Figure 20_______ NUMBER OF INVESTMENTS IN THE FINANCIAL SECTOR, 1982-1986 NUMBER OF INVESTMENTS Mi- ' - 40 r Services (SIC 72-89) - Foreign competition 1s making Inroads in the service industries, as evident by the number of transactions identified 1n 1986. Investments like the large advertising agencies acquisition/mergers creating superagencies are seen as continuing into 1987. Also, many of the forces that made investments attractive during 1986 are expected to be active again during 1987 (i.e., the attractiveness of the U.S. market with U.S. companies eager to divest or restructure, the desire of many foreign Investors to develop an International base, and the rise of other currencies against the dollar). Even small and mid-size foreign Investors are coming Into this fast growing service-oriented sector. There were 105 transactions identified with values for 37 totalling over $1.1 billion, a five-fold increase over 1985 In known dollar value and a 40 percent increase in the number of transactions. Investments in the services sector cover a broad spectrum. However, the business services subsector was most attractive to foreign - 54 Investors. Sixty-one percent of the number of transactions and 68 percent of the values known were 1n the business services subsector. Britain's Saatchl and Saatchl continued Its expansion in the advertising sector by acquiring Ted Bates Worldwide for $450 million, Backer and Splelvogel for $50 million, and other advertising, public relations and management consultant firms. Other foreign interest includes research and development (13) transactions and management consultant/public relations (14). In the motion picture subsector, a Canadian theater operator, Cineplex Oden, is fast becoming the largest and most profitable theater circuit in North America as It acquired RKO-Century Warner Theaters for $89.5 million, Neighborhood Theater chain, Spectrum Theater chain and a host of other smaller chains, converting them into upscale elegant social gathering places for dining and entertaining with a choice of seeing one to eight films. Plans are also underway for construction of a production studio and theme park In Florida. In the services sector foreign investors used the acquisition mode most often (61) and establishment of their own facilities second (24). British Investors had more transactions than any other country (32); Japan had 21, Canada 16 and Switzerland 7. Other countries has 4 or less. Figure 21 NUMBER OF INVESTMENTS IN THE SERVICES INOUSTRY*. 1982-1986 NUMBER OF INVESTMENTS IS 100 79 SO 2S Real Property During 1986, 112 commercial real estate 1nve«fma*+<. » investors In the purchase and d e v e l o p s of 1 * - 55 - further 27 Investments in the hotel Industry (SIC 70), were identified. (Purchases of agricultural land and individual residential real estate units are not Included in this report.) Of the total 139 investments, 96 had known values totaling over $7.5 billion, with 19 valued at $100 million or more. These 19 accounted for an aggregate value of $5.3 billion, nearly 71 percent of the total value. The Japanese were the most active real estate Investors, as they were in 1985. During 1986, 75 Japanese investments were Identified, with 53 values totalling $5.5 billion, 73 percent of the total aggregate value. Three major Investments were valued in excess of $600 million each. The ARCO Plaza in Los Angeles was purchased for $625 million by the Shuwa Corp., and the EXXON Building in New York was acquired by Mitsui and Co. Ltd. for $610 million. In Hawaii, Kumagal Gumi Co. Ltd., In a joint venture with two U.S. companies, began construction of the Ko 011 no resort, a $2 billion development potentially as large as that of Waikiki Beach. Kumagal Gumi's share is estimated at $667.0 million. In addition to these three transactions, the Japanese made 12 real estate Investments valued at over $100 million each. In terms of both numbers and values, they far outpaced Investors from other countries. Among the reasons for this sudden surge on their part into U.S. real property are the scarcity and extremely high comparable cost of properties in Japan; the comparatively low rate of return (2-4* in Japan, 6.8% In the United States); the need to Invest surplus funds; the high value of the yen relative to the dollar, and the increased purchasing power that it represents; and the Tax Reform Act of 1986. Figure 22 NUMBER OF INVESTMENTS IN THE REAL PROPERTY SECTOR*. 1962-1986 NUMBER OF INVESTMENTS 400 ---- ■ — ISO ■ •M OIBU KOHLS I OIMB UOEIM f U C U - 57 - APPENDIX A LISTING OF INVESTMENT TRANSACTIONS by STANDARD INDUSTRIAL CLASSIFICATION (SIC) - 58 - S.I.C. Reference Table Description Agriculture 01 02 07 08 09 Agricultural Production - Crops Agricultural Production - Livestock Agricultural Services Forestry Fishing, Hunting & Trapping Mining 10 11 12 13 14 Metal Mining Anthracite Mining Bituminous Coal & Lignite Mining Oil & Gas Extraction Non-Metal 1ic Minerals, exc. Fuel Construction 15 16 17 General Building Contractors Heavy Construction Contractors Special Trade Contractors Manufacturing 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 Food & Kindred Products Tobacco Manufactures Textile Mill Products Apparel & Other Textile Products Lumber & Wood Products Furniture & Fixture Paper & Allied Products Printing & Publishing Chemicals & Allied Products Petroleum & Coal Products Rubber & Misc. Plastics Products Leather & Leather Products Stone, Clay & Glass Products Primary Metal Industries Fabricated Metal Products Machinery exc. Electrical Electric & Electronic Equipment Transportation Equipment Instruments & Related Products Misc. Manufactures - 59- S.I.C. Reference Table Continued Description 41 42 43 44 45 46 47 48 49 Railroad Transportation Local & Interurban Passenger Transit Trucking & Warehouse U.S. Postal Service Water Transportation Transportation by Air Pipe Lines, exc. Natural Gas Transportation Services Communication Electric, Gas & Sanitary Services Wholesale Trade 50 51 Wholesale Trade - Durable Goods Wholesale Trade - Nondurable Goods Retail Trade 52 53 54 55 56 57 58 59 Building Materials & Garden Supplies General Merchandise Stores Food Stores Automotive Dealers & Service Stations Apparel & Accessory Stores Furniture & Home Furnishings Stores Eating & Drinking Places Miscellaneous Retail Finance, Insurance & Real Estate 60 61 62 63 64 65 66 67 Banking Credit Agencies Other Than Banks Security Commodity Brokers Insurance Carriers Insurance Agents, Brokers Real Estate Combined Real Estate/Insurance Holding & Other Investment Offices Services 70 72 73 75 76 78 79 Hotel & Other Lodging Personal Services Business Services Auto Repair Services, etc. Misc. Repair Services Motion Pictures Amusement & Recreation Services - 60- S.I.C. Reference Table Continued SIC Description 80 81 82 83 84 86 88 89 Health Services Legal Services Educational Services Social Services Museums, Botanical Gardens, etc. Membership Organizations Private Households Miscellaneous Services Public Administration 91-97 Administration Non-Class1fiable Establishments 99 Non-Classifiable Establishments - 61 - L1st of Investment Type AM - Acquisition/Merger El - Equity Increase JV - Joint Venture NP - New Plant OT - Other PE - Plant Expansion RE - Real Estate 1986 FOREIGN DIRECT IN VESTMENT TRANSACTIONS, US FIRM NAME A T & T BLDG ABC BLDG APARTMENT BLDG ARCO PLAZA ATLANTA TRADEPORT FTZ BAY VIEW H I L L S BLACKFI ELD HAWAII BANK BLDG BURLINGTON AI R EXPRESS BLDG CHASE PLAZA CHINOE VI LLAGE COAST SAVINGS BLDG COASTAL STATES BLDG COMMERCIAL BLDG COMMERCIAL BLDGS CONDOMINIUM BLDG CONDOMINIUM PROJECT CORPOREX CENTER COURVOISIER CENTER DEVONSHIRE BLDG DOWNEY SAVI NGS & LOAN BLDG EMERALD-SHAPERY CENTER ESPLANADE EXXON BLDG FARRAGUT BLDG FESTI VAL MARKETPLACE FIGUEROA TOWER FI RST & STEWART BLDG FOUNDER PLAZA GOVERNMENT CENTER HOME FEDERAL TOWER I NDUSTRI AL PARK I NDUSTRI AL PARK ( LAND) I NTERNATIONAL PARK KO OLI NO RESORT LAFAYETTE CENTER LAMAR F I N A N C I A L PLAZA LAND LAND LAND LAND LAND ( 1 1 2 ACRES) LAND ( 2 0 0 0 ACRES) LAND ( 6 ACRES) LAND ( 9 5 ACRES) LAND AT THE CEDARS MACYS SHOPPING CENTERS ( 3 ) MARKET SQUARE MELLON F I N A N C I A L CENTER MEMPHIS DOWNTOWN MI L L I K E N BUS I NES S CENTER NORWEGIAN P A V I L I O N OFFI CE BLDG OFF I CE BLDG OFF I CE BLOG OFFI CE BLDG OFFI CE BLDG COMPLETE, BY SIC LOCATION LOS ANGELES NEW YORK MIAMI LOS ANGELES ATLANTA CALVERT* CO WAI KI KI I RVI NE LOS ANGELES LEXINGTON PASADENA ATLANTA ELK GROVE PALM BEACH FLUSHING ATLANTA MIAMI BOSTON COSTA MESA SAN DIEGO WASHINGTON NEW YORK WASHINGTON DALLAS LOS ANGELES SEATTLE E. HARTFORD NEW HAVEN PHOENIX V I ST A VI STA BIRMINGHAM WASHINGTON AUSTI N MESA NI U NI U MIAMI CENTERVILLE HEBGEN LAKE LIVERMORE MAUI DALLAS DE KALB NEW YORK NEW YORK SAN BERNARDIN ORLANDO PHOENIX SAN JOSE CORPUS CHRIST SAN JOSE LOS ANGELES TS CA NY FL CA GA MD HA CA CA KY CA GA IL FL NY HA GA FL MA CA CA DC NY DC TX CA WA CT CT AZ CA CA AL HA DC TX CA HA HA FL VA MT CA HA TX NY GA NY NV CA FL AZ CA TX CA CA FOREIGN INVESTOR MITSUI REAL ESTATE DEV CO SHUWA CORP MAYSVILLE SHUWA CORP WILMA N . V . CI TI S TA TE CORP ROBERT JONES INVESTMENT LTD MITSUI REAL ESTATE DEV. CO. SHUWA COPRP BRI TI S H MI NI NG PENSION FUND LONG TERM CREDIT BANK LINDHOLM, M. ET AL LI LLBACKEN KONEPAJA VESENAZ HOLDING CORP. SHENG RAINBOW EENTERPRI 5»ES TOKYU GROIUP SKANSKA LTD. SWIRE GROUP HARDWICKE LTD SHUWA INVESTMENTS CORP TOKUYU GROUP MI TSUBI SHI TRUST & BANK. CO MI TSUI & CO LTD ROYAL DUTCH SHELL PENSION FUND UNI DENT I FI E D INVESTORS SHUWA CORP KONOIKE CONSTRUCTION CO SARACREEK HOLDINGS OLYMPIA AND YORK DEV. LTD. BCE DEVELOPMENT CO. MI TSUI REAL EST DEV CO LTD MI TSUI REAL ESTATE DEV CO POLAR CONSTRUCTION CO. KUMAGAI GUMI CO LTD MEI JI MUTUAL L I F E INS CO 36 TOKYO KUMAGAI GUMI CO. LTD. CARUSCAN CORP. JAPAN DEVEL. 8. CONSTR. CO LTD ONO, AI KAI CUCA INVESTMENTS CADILLAC FAI RVI EW CORP LTD SHUWA CORP RAFFLES HOTELS AND INNS TOBI SHIMA CORP. GROTEN N . V . WESTFIELD HOLDINGS INC LTD CADI LLAC FAI RVI EW CORP. LTD. SHUWA CORP B R I T I S H LAND WILMA N . V . SELMER-SANDE COR. ET AL CAN- ALTA PROPERTIES LTD. SIEMANS AG PENSION FUNO KUMAGAI GUMI CO. LTD. TODA CONSTRUCTION CO, LTD SHUWA CORP TY VALUE NATNALTY RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE . 175.0 1 .1 625.0 JA JA NA JA NL AS NZ JA JA UK JA UK FI NA TW JA SW HK El JA JA JA JA NE BE JA JA NL . 18.5 26.5 125.0 6.0 23.0 20.0 0.4 7. 1 . 25.0 14.0 10.0 28.0 115.0 55.0 610.0 34.0 333 .3 35.0 6.0 42.0 37 .5 70 .0 16.7 17.0 667 .0 125.0 3.0 2.4 1 .8 1.0 11 . 0 . 363.5 io!o 35.0 40.0 60.0 95.0 40.0 CA JA JA FI JA JA JA CA JA JA PM CA JA CA JA NA AS CA JA UK NL NO CA GE JA JA JA 1 O ' * 1906 F O R E I G N D I R E C T I N V E S T M E N T TR AN SA CT IO NS , COMPLETE, * BY SIC SIC US FIRM NAME LOCATION TS FOREIGN **** OFFI CE BLDG OFFI CE BLDG OFFI CE BLDG OFFI CE BLDG OFFI CE BLDG OFFI CE BLDG OFFI CE BLDG OFFI CE BLDG OFFI CE BLDG OFFI CE BLDG. OFFI CE BLDG. OFFI CE BLDGS OFFI CE BLDGS OFFI CE BLDGS OFFI CE TOWER OLMSTEAD BLDG OLYMPIA PLACE TOWER ONE THOMAS CIRCLE ONE UNION SQUARE EAST P AI NE WEBBER BLDG PIONEER PLAZA PLANT BLDG PLAZA CONTINENTAL PORT LI BERTE R E S I DE NT I A L DEVELOPMENT R E S I DENTI AL PROJECT RETAI L COMPLEX SHOPPING CENTER SHOPPING CENTER ( 4 ) SHOPPING CENTERS SHOPPING CENTERS ( 4 ) SHOPPONG CENTER SHORELINE SQUARE SULTAN BLDG TAI VAN CORP TEXACO BLDG THE SUMMIT TI FFANY BLDG TOWER 46 BLDG TOWN LAKE CENTER TRIAD CENTER VALLCO FASHION PARK WATERWAYS CONDOMINIUM WORLD TRADE CENTER L . A . XIDEX BLDG 1 100.0 1101 VERMONT AVE N. W. 111 SUTTER ST 1215 19TH ST. N. W. 1401 NEW YORK AVE N. W. 142 E. ONTARIO 1500 KAPI OLANI BLDG 1750 K ST N. W. 461 FIFTH AVE 900 THIRD AVENUE 9u1 CORPORATE CENTER WASHINGTON HONOLULU SAN JOSE NEW YORK LOS ANGELES NEW YORK CHICAGO CHICAGO VOORHEES TWSP NEW YORK SAN FRANCISCO I RV I NE RALEIGH HOONOLULU CLEAR LAKE WASHINGTON ORLANDO WASHINGTON NEW YORK NEW YORK HONOLULU HILLSBORO ONTARIO CAVEN POINT COLUMBIA NEW ROCHELLE MIAMI AURORA DC HA CA NY CA NY IL IL NY NY CA CA NC HA TX DC FL DC NY NY HA KY CA NJ MD NY FL CO NY AZ MS SC CA HA TX CA VA NY NY TX CA CA FL CA CA CA DC CA DC DC IL HA DC NY NY CA KOKUSAI KOGYO CO HASGAWA KOMUTEN CO LTD TODA CONSTRUCTION CO LTD TOZAI REAL ESTATE CO LTD I TO- CHU SHOJI MI TSUI REAL ESTATE DEV CO WILMA NV FI DI NAM U NI D E NT I F I E D INVESTOR MI TSUI REAL ESTATE DEV. CO. PALADIN N . V . TOBI SHIMA DEV. CO. AOKI CORP NAURU, GOVT OF CADILLAC FAI RVI EW CORP. LTD. GROSVENOR INTNTL OLYMPIA AND YORK DEV. LTD. ASAKI MUTUAL L I F E INS CO KUMAGAI GUMI CO. LTD. SHUWA CORP WANG, CHING MING KUO, TIMOTHY ET AL SUMITOMO REALTY 8. DEV CO LTD SPERRY CORP. AOKI CONSTRUCTION KUMAGAI GUMI CO. LTD. I S I P I PROPERTIES F I J I Y A BLDG CO LTD CAMPAGNIE LA HENNIN MANN, GEORGE MARATHON REALTY CO. LTD. U NI D ENT I F I E D INVESTOR TASEI CORP. ET AL NIHON LANCRE CO LTD T A I S A I CORP HA, DR KHEE ET AL POLAR - BEK D A I I C H I REAL ESTATE CO KAYTO KAGAKU CO SUMITOMO CONSTRUCTION CO. LTD. KHASHOGGI. ESSAM WESTFIELD HOLDINGS LTD. COSTAIN LTD KAJIMA CORP. SHUWA CORP SHUWA INVESTMENTS CORP NIPPON LI FE I NS CO ORIENT FINANCE CO LTD OJJEH FAMILY MI TSUI REAL ESTATE DEV CO OLYMPIA AND YORK DEV. LTD. KANTO BLDG CO. LTD SUMITOMO REALTY & DEV CO MITSUI REAL ESTATE DEV CO SHUWA CORP KAJIMA CORP **** **♦* **** ♦**♦ **** * +** **** **** **** * * * * ♦*** **** ♦*** **** PHOENIX OXFORD COKLUMBIA LONG BEACH WAI KI KI DALLAS LOS ANGELES ROANOKE NEW YORK NEW YORK AUSTI N BURBANK CUPERTINO MIAMI LOS ANGELES FREEMONT I RVI NE WASHINGTON SAN FRANCISCO WASHINGTON WASHINGTON CHICAGO WAI KI KI WASHINGTON NEW YORK NEW YORK LOS ANGELES INVESTOR TY VALUE RE RE RE RE RE RE RE RE RE RE RE RE RA RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE JV RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE RE 8.2 20.0 47.5 . 8.4 77 .4 23.0 100.0 4.6 54.0 . 26.0 . 22.0 . 50.0 44.0 20! 0 300.0 50.0 1 !b , 30.0 9. 1 1 .2 12 5. 0 3.0 . 14. 0 10.0 94.3 301 . 0 6.3 85.0 70.0 . . 17. 5 . 75.3 4.0 io!o 15. 7 30.0 230! 0 15. 0 NATNALTY JA JA JA JA JA JA NL SZ UN JA NL JA JA NR CA UK CA JA JA JA JA TW JA SZ JA JA NA JA FR CA CA CA JA JA JA KS FI JA JA JA SA AS CA JA JA JA JA JA SY JA CA JA JA JA JA JA , On V* 1 1986 FO RE IG N DIRECT SIC 0161 0174 018 1 0723 0921 tOll 1011 1021 1021 1041 1041 1041 1041 1041 1041 1094 1094 1099 1099 1211 1211 1211 1211 1311 1311 1311 1311 1311 1311 1311 1311 1311 1311 1311 13 11 1311 1*01 1 1^11 1311 1311 1311 1311 1311 1311 1311 1311 1311 1311 1311 1382 1382 1389 1446 1474 1474 1475 INVESTMENT TRANSACTIONS. COMPLETE, US FIRM NAME M I L L CR ES T PROD UC TS CORP OR A N G E - C O INC MYM LTD. U N IT ED P A CK IN G H I D D E N VA LLEY TROUT FARM HANNA M I N I N G CO. LTD. M. A. HANNA CO PHELPS DODGE COPPER MINE S (2) UTAH COPPER D I V I S I O N B R U S H CREEK MIN & D E V- CO NS OL GO LD M I NI NG B R US H CREEK M I N I N G & DEV CO INC C O N T I N EN TA L PACI FI C CORP. SARATOGA MINE S INC SILVER STATE M I N I N G CORP T E NN EC O' S GOLD M I N I N G PR OP ER TI ES RE S E R V E OIL & M I N E R A L S CORP ROCKY M O U N T A I N EN ERGY CO /T A I W A N POWER JV NICOR M I N E R A L V E N T UR ES INC ST I L L W A T E R M I N I N G CO. D O R C H E S T E R COAL CO. INLAND STEEL COAL CO PE AB OD Y H O L D I N G CO INC SIERRA COAL CO AMR ENERGY CORP AR CO 'S OI L/ GA S P R O P E R T I E S C O NO CO - N I PP ON M I N I N G VE N T U R E E X P L O R A T I O N CO., THE FA LC ON STAR G E O R E S O U R C E S INC. GRAL Y R E S O U R C E S INC. IMC EX P L O R A T I O N CO LEAR PE T R O L E U M P A R T NE RS LP AS SETS N I PP ON M I N I N G CO OIL INTEREST OIL P R OP ER TI ES OIL WELL O I L / G A S LEASES P H I L LI PS P E T R O L E U M INTE RE ST S R E A D I N G & BATES CORP'S OI L / G A S IN TERESTS SHELL O F FS HO RE INC. SOHIO P E T R O L E U M CO'S W E LL S T E X A C O INC -NIP PO N OIL CO JV TR IT ON ENERGY CORP T R I T O N ENERGY CORP TR IT ON ENERGY CORP. U N I V E R S A L R E S O U R C E S CORP W I L L I A M S EXPL. CO. O I L / G A S PROPS. W O O D B I N E P E T R O L E U M INC. W O R L D W I D E EN ER GY CORP A V AL ON CORP. EGRET EN ERGY CORP. BIG THREE INDU ST RI ES OT T A W A SILICA CO HE N L E Y G P 'S SODA ASH O P E R A T I O N S P O T A S H CO. OF AM ER IC A INC. N O R T H C A RO LI NA P H O S P H A T E CORP. BY SIC LOCATION NEW YORK L. H A MI LT ON SALEM SANGER SEAT TLE CLEV EL AN D CL EVELAND AU BURN CE NTRAL CITY DENVER A L B E Q U ER QU E DENVER GRAN D JUNCTIO CHIC AG O ST LOUIS L E X I NG TO N DALLAS SAN AN TO NI O W. PALM B E AC H WILLISTON RENO HOUSTON DA LLAS HOUSTON D A LL AS DA LL AS DALLAS D A LL AS DA LL AS DENVER NEW YORK HOUSTON LO N G V I E W O T TA WA D E NV ER TS FOREIGN INVESTOR TY NY FL OR CA WA OH OH A2 UT CA CA CA CO CO NV NM AZ CO MT CO IL MO KY TX TX TX TX FL ND NV TX TX TX A B IN GW OR TH PLC ET AL A S SOCIATED FISHERIES PLC MYM LTD. CHRISTIAN SALVESEN LTD. ALFA AQUA FARM AS BLACK, CONRAD 8. G. MONTAGU CUNDHILL, FRANCIS PETER SUMITOMO CORP. UNITED KINGDOM, GOVT OF CONSOL ID AT ED GOLD MINING AREAS NL BALL, IAN G. ET AL CUMO RE SO URCES LTD. HARRIS, EDWARD DOME PETROLEUM LTD ECHO BAY MINES LTD. BRIERLEY, RONALD A R E PU BL IC OF CHINA, GOVT OF COSTAIN GROUP PLC CEDE IBN ABDUL, KHAL ED IBN ABDULLAH B R ON FM AN FAMILY O P P E N H E I M E R , HARRY F. B R ON FM AN FAMILY FRANCE, GOVT OF L ONHRO PLC NIPPON MI NI NG CO LTD WE ST ER N MI NI NG CORP. HO LDINGS LTD. FALCON STAR LTD MSR EX PL ORATION LTD. CO GE RE SA BASF AG TO TA L- CI E FRANCAISE DE PETROLES N IPPON M I NI NG CO LTD N I SS HO IWAI CORP. PROVINCE OF ALBERTA ROYAL DU TC H GROUP ROYAL DUTCH SHELL GROUP ROYAL DUTC H SHELL GROUP ROYAL DUTC H SHELL GROUP ROYAL DUTC H SHELL GROUP UNITED KINGDOM, GOVT OF NI PP ON OIL CO. L T D . YU NG H A N N S t P.N. UN IT ED KINGDOM, GOVT OF C L A R EM ON T P E T R OL EU M N.L. O P P E N H E I M E R , HARRY PE TR OF IN A SA MOAG E LTD. CL AR EM ON T PETROL EU M NL MO O N I E OIL C O . , THE DAVIS, A N DR EW A. L'AIR LIQUIDE SA RIO TINTO - ZINC CORP PLC AU S T R A L I A N C O N S O L I D A T E D INDS LTD RIO T I NT O- ZI NC CORP. PLC FRANCE, GOVT. OF AM AM OT AM AM El El AM OT JV AM AM AM AM AM AM JV AM JV AM AM El AM AM AM JV AM OT El El AM AM OT AM AM OT AM AM AM OT OT JV El El El El AM AM AM El El AM AM AM AM AM AL AK TX TX TX TX TX LA TX CO NY TX TX IL WY CO NC VALUE 1 .0 0*. 3 26.5 16.2 75 .0 220 .0 5.7 0 .1 12.0 130.0 1 .0 18.0 15.0 22.5 51.2 41.0 90 .0 82.8 4.9 1 .0 0 .1 115.0 10.0 29 .0 225.0 100.0 9.6 9 .4 0. 1 1050.0 46.0 100.0 9.3 NATNALTY UK UK JA UK NO CA CA JA UK AS UK CA CA CA CA NZ TW UK CA SA CA SO CA FR UK JA AS UK CA SZ GE FR JA JA CA NL NL NL NL NL UK JA AS UK AS SO BE AS AS AS AS FR UK AS UK FR I O' \ 1986 F O R E I G N D I R E C T I N V E S T M E N T T R A N S A C T I O N S , COMPLETE. BV SIC SIC US F I RM NA ME LO C A T I O N TS F O RE IG N INVESTOR 1521 1521 1521 1521 1522 1541 1541 1541 1541 1542 1611 161 1 1731 1799 201 1 2013 2013 2017 2022 2023 2026 2026 2026 2026 2032 2034 2035 2035 2035 2048 2051 2051 2052 2065 2065 2.065 2p75 2079 2082 2084 2084 2084 2084 2084 2086 2086 2087 2098 2098 2099 2099 2099 2099 221 1 2221 2253 DANDI B L D G S Y S T E M S H O S B Y USA S U N R I S E CO S W E D E H O M E S USA P E R R Y - T A L A R I C O COS LTD C A D I L L A C F A I R V I E W I N D U S T R I A L DEV. CO. E.W. H O W E L L CO. INC. N V E, INC. O L Y M P I A A N D YORK LEHRER/MCGOVERN B L Y T H E I N D U S T R I E S INC EAST T E X A S ST ON E CO C O M S T O C K G R O U P INC. W E S T E R N S T R E S S INC G O L D E N EAGL E F O O D S ' DIV. FIOR UC CI F O O D S USA F R E E Z E R Q U E E N DIV. S U N - H U S K E R FO O D S INC. N. D O R M A N & CO N E S T L E FO OD S CO RP A T L A N T I C P R O C E S S I N G MFG. F A C I L I T I E S D A N N O N CO. INC. D E L L W O O D FOOD S INC. G R E E N ' S DA IR Y INC H I H P R O D U C T S C O RP M I N O R L J CO RP CA TH AY FO OD S CO Q&B FO OD S INC. SAN-J INTL INC H E A R T L A N D LY SINE INC PA S Q U A L E FO OD CO INC S T A U F F E R - M E I J A INC. A U S T I N FO OD S CO A M E R I C A N N A T U R A L SNACKS INC C A R N E T O I S O N D 'OR S U N M A R K INC PU RI NA M I L L S INC FI LB ER T J.H. INC. P I T T S B U R G H B R E W I N G CO. G L O R I A F E RR ER C H A M P A G N E CAVES H O N O L U L U SAKE BR E W E R Y & ICE CO R I D G E V I N E Y A R D S INC SO U V E R A I N C E L L A R S TA K A R A SAK1 USA INC DR P E PP ER CO RJ R ' S SOFT DRIN K SUBS G L Y C O INC. N I S S I N FO OD S ( U S A ) CO PASTA & C H EE SE INC A M E R I C A N SOY P R OD UC TS INC L Y N D O N V I L L E V I NE GA R INC. N A B I S C O ' S F L E I S C H M A N N YEAST T W I N I N G R & CO. LTD. SA N Y O SE W I N G A M E R I C A INC G U I L D F O R D I N DU ST RI ES INC B E N N E T O N USA INC. W. BE A V E R DAM JE R I C H O PA LM DE S E R T PINE CITY DE N V E R LOS A N GE LE S PT W A S H I N G T O N SACRAMENTO ORLANDO N E W YO RK CHARLOTTE CORSICANA DA N B U R Y HOUSTON LI NC OL N CHESTERFIELD BU F F A L O LI N C O L N SY OS SE T PA RA MU S ALLENTOWN W H I T E PL AI NS YO NK ER S Y O RK KV NY CA MN CO CA NY CA FL NY NC TX CT TX NE VA NY NE NY NJ PA NY NY PA CA OH IL CA VA IA AL PA NC FL NY MO KY MD PA CA HA CA CA CA TX GA CT PA NY MI NY CA NC NY ME NC DANDI BL DG SY STEMS HO S B Y M I TS UB IS HI ESTATE CO LTD SWEDEHOMES B R I T I S H & C O M M O N W E A L T H SHIP. CO CA DI LL AC F A I R V I E W CORP. LTD. S E L M E R - S A N D E A/S DAI NI P P O N C O N S T R U C T I O N OL Y M P I A AND YORK DEV. LTD. P&O & 0 STEAM. N A V I G A T I O N CO A L F R E D M C A L P I N E PLC.. LA FA RG E CO PP EE SA SPI B A G N A T O L L E S MITSUI EN GI E E R I N G 18. NE E R I N G & SHIP BLDG N I PP ON RE IZ O KK S A L U M I F I C l 0 CE SA RE FIORUCCI SPA JA ME S CR EA N PLC N I PP ON RE IZ O KK N E W Z E AL AN D GOVT OF N E S T L E SA JOHN LA BA TT LTD. B S N - G E R V A I S DANONE SA A R A B I A N INVE ST ME NT B A NK IN G CORP. KO N I N K L I J K E W E S S A N E N NV JA PA N P H A R M A C E U T I C A L DEVELOP. CO. LTD NE ST LE SA CHINA, P.R. Q.P. CORP. SAN-JIRUSHI CORP AJ IN OM OT O CO INC JOHN LABATT LTD MEIJI SEIKA KAISHA LTD. H. BA HL SE N KEKS BA BR IK KG KO N I N K L I J K E W E S S A N E N NV CARNE TO IS ON D'OR RO WN TR EE MA CK I N T O S H PLC U N I T E D KINGDOM, GOVT OF UN IL EV ER NV BOND CORP. HO LD IN GS LTD. F R EI XE NE T SA TAKARA SHUZO CO LTD OTSUKA P H A R MA CE UT IC AL CO LTD NE ST LE SA TAKARA SHUZO CO LTD CADBURY SCHWEPPES PLC CA DB UR Y SCHWEPPES PLC SC HW EI ZE RI SC HE A L UM IN UM AG NISSIN FOODS PRODUCTS CO LTD NE ST LE SA KA WASHO CORP ET AL NA KA NO VI NEGAR CO. LTD. BURNS, PHILIP 8i CO. LTD. W I T T I N G T O N INVESTMENTS LTD. SANYO SHOKAI LTD ET AL DEBRON INVESTMENTS PLC BE NN ET ON FAMILY CLEVELAND JOLIET BIRMINGHAM E. YORK ST AU G U S T I N E NE W YORK ST LOUIS LOUISVILLE BA LT I M O R E PI TT S B U R G H HO N O L U L U CUPERTINO GE Y S E R V I L L E DA LL AS AT LA NT A N O RW AL K * L . I S L A N D CITY SALINE L Y ND ON VI LL E OAKLAND ON EONTA GUILDFORD TY NP OT RE OT AM OT AM JV OT RE AM AM AM AM AM NP AM El AM OT AM PE AM AM NP AM JV NP NP NP AM JV PE AM NP AM AM AM El OT AM AM AM PE AM AM AM PE AM JV AM AM PE OT NP VALUE NA TN AL TY CA DA io!o JA SW UK CA NO JA CA 15.0 UK UK FR 12.0 FR JA JA IT 20.0 35.0 El JA NZ SZ CA FR 51.0 BA NL 2. 1 JA SZ CH 5.0 JA 9! 0 JA JA 40.0 151 .9 CA JA 5! 0 GE 7.5 NL SZ UK 230.0 UK 500.0 NL 27 !0 AS 9.0 SP JA 2.7 JA SZ 12.5 1 .3 JA 124.B UK 230.0 UK SZ JA 56.3 SZ 7.3 JA JA 2.0 130.0 AS 6.0 CA JA UK 95.0 IT 5.0 1986 F O R E I G N DI RE CT SIC 2253 2271 2271 2299 2299 2335 2342 2391 2426 2492 2511 2511 2512 2514 2515 2519 2531 2531 2531 2611 2611 2621 2621 2641 2641 2651 2651 2653 2655 2661 27 2711 2711 2711 2711 2711 2*721 2721 2721 2721 2721 2721 2721 2721 2721 2721 2721 2721 2721 2721 2721 2731 2731 2731 2731 2731 IN VE ST ME NT TRANSACTIONS, US FIRM NAME EDMOS CORP. AMTE X INC P R I N C E T O N CA RPETS M E R I N O MI LL S T A N D E M FA BR IC S P O S S U M TROT CORP NCC I N D U ST RI ES INC. A S S O C I A T E D P R OD UC TS INC H I G H POINT W O O D W O R K I N G CO BHK OF A M ER IC A INC SIMPLE D E SI GN LTD U N I V E R S A L FU RN IT UR E INDUSTRIES INC B E N C H CRAFT INC ACT USA INC. SEALV FU RN IT UR E - W E S T E R N STELLA CO RP A R N O L D M A N U F A C T U R I N G CO. B L O O M I N G T O N S E AT IN G CO T. S . T R I M I N DU ST RI ES INC C A S C A D E S INC PAPE R R E C Y C L I N G F A C I LI TY NITE C PAPER CO RP 'S AS SE TS R I C O H E L E C T R O N I C S INC LABE L AR T INC L U D L O W SP EC IA LT Y P A PE RS D I V I S I O N C O N T A I N E R CO RP OF A M E R I C A K E N N E T H FOX SUPPLY CO. PE TE R P A R T I T I O N CORP. C A R A U S T A R I N D U S T R I E S INC K. H. I N D U S T R I E S R E A D - M O R E P U B L I C A T I O N S INC C U M B E R L A N D , MARYLAND TIMES/NEWS D E AR PUB. & R A D I O INC.'S P U B L I C A T I O N S L E G A L TIMES, THE N E W S P A P E R S (41) S T E R L I N G - R O C K F A L L S DA I L Y G A Z E T T E A M E R I C A N B A B Y INC. C H I L D M A G A Z I N E P U B L I S H I N G INC C O N V E N I E N C E ST O R E M E R C H A N D I S E R D E A L E R S D I G E S T INC E S Q U I R E M A G A Z I N E G R O U P INC I N T E R N A T I O N A L T Y P E F A C E CORP. M C K N I G H T M E D I C A L C O M M U N I C A T I O N S INC. PACIFIC TRAFFIC P E N N I N G T O N P U B L I S H I N G CO S C I E N T I F I C A M E R I C A N INC. TAXI P U B L I S H I N G INC. T E C H N I C A L P U B L I S H I N G CO. U.S. B U S I N E S S P R E S S ' S P U B L I C A T I O N S W E B B CO. W H A T TO BUY FOR B U S I N E S S B U S I N E S S I N T E R N A T I O N A L CORP. C I N E B O O K S INC. D O U B L E D A Y & CO INC NEW AMERICAN LIBRARY P R A E G E R P U B L I S H E R S INC. COMPLETE, BY SIC LOCATION TS FOREIGN INVESTOR TY WALL INGTON NJ CA GA MA NC OVERSEAS PRIVATE EQUITIES NV HAVASHI TELEMPU CO LTD PRINCETON CARPETS LUIGI BOTTO TA NDEM FABRICS ASHLEY FAMILY S P I E S S H O F E R . GUNTHER DAWSON INTL PLC FUJI STEEL CO LTD HOLZ & KUNSTOFFBAU POSSE GMBH & CO KG SIMPLE DESIGN LTD UN IVERSAL FU RNITURE LTD UN IVERSAL FU RNITURE LTD V1TOL BEHEER NV UNIV ER SA L FURNITURE LTD STELLA SA A R NO LD MA NU F A C T U R I N G LTD. NAMBA PRESS KOGVO KK TOKYO SEAT CO LTD LEMAIRE FAMILY SMURFIT FAMILY LEMAIRE FAMILY RICO H CO LTD MA CL E A N - H U N T E R H O LD IN GS LTD KANZAKI PAPER MFG. CO. LTD. S M URFIT FAMILY SM URFIT FA MI LY J E FF ER SO N SMURFIT GROU P LTD. SETTSU CORP K. H. INDUSTRIES JOHN M E N Z I E S PLC T H O M S O N FAMILY T H OM SO N FAMILY HARMSW OR TH , EDMUND CECIL BLACK, C O NR AD ET AL,.. T H OM SO N FAMILY REED I N TE RN AT IO NA L PLC TAXI T H O M S O N FA MI LY MAXWELL, RO BE RT HARM SW OR TH , E D MU ND CECI L E S SE LT E AB T H O M S O N CORP. T H O M S O N FAMILY B O NN IE R FA MILY VON H O L T Z B R I N C K FAMILY TAXI R E ED I N T E R N A T I O N A L PLC T H OM SO N FA MI LY MA XWELL, RO B E R T DERRICK, JOHN + OPPENHEIM, PH ILLIP D I C K E N S O N TRUS T LTD, THE M C P H E R S O N 'S LTD. MOHN, R E I N H A R D D I C K E N S O N TRUS T LTD EL SE V I E R NDU NV AM LAWRENCE MCKEE C O RT LA ND NEW YORK H I GH POINT H I GH POINT BLUE M O UN TA IN NORMAL C O LU MB US NI AG AR A FALL WILTON CH I C A G O MCALLEN BROOKLYN AUSTELL P A LO A L T O CUMBERLAND N E W YORK S TERL PK FALL N E W YO RK N E W YORK N E W YO RK N E W Y O RK N E W YO RK NORTHFIELD M A R I N A DEL RE BRIDGEPORT N E W YO RK N E W YO RK N E W YORK ST. PA UL CHICAGO N E W YO R K NEW YORK N E W YO RK KV NV NV NC NV NY NC MS GA CA NY KY IL OH NY CA NY CA NH MA IL TX NY GA CA CA MD MO NY NY IL NY NY NY NY NY NY IL CA CT NY NY NY NY MN NY NY IL NY NY NY NP NP OT NP AM El AM AM NP NP OT AM NP AM PE NP JV OT NP AM AM NP AM AM AM AM AM AM NP AM AM AM AM AM AM AM OT AM AM El AM AM AM AM AM OT AM AM AM OT AM AM AM AM AM VALUE 15.0 natnalty NA JA NL IT CA 1 .0 2.5 30.0 2. 1 3.2 0. 1 6. 1 16.2 5.0 UK GE UK JA GE CA HK HK NL HK o’ . 1 SZ CA 6.0 1 .5 JA JA CA . El 1 .3 CA JA CA 10.0 JA 6B3.0 El . El El JA 31.3 AS UK CA . CA . UK CA 75.6 CA . UK IT CA 40.0 UK 2.5 UK SW . CA . CA 4.0 SW 52.6 GE IT UK 250.0 CA 1 17 !3 UK UK 5.7 UK # AS GE 500.0 UK . NL 1986 F O R E I G N D I R E C T I N V E S T M E N T TR AN S A C T I O N S , COMPLETE, BY SIC SIC US F I R M NA ME LOCATION TS F O RE IG N INVESTOR 2731 2731 2731 2731 2731 2741 2741 2741 2752 2754 2754 2782 281 1 2 812 2812 2813 2 813 2 8 16 28 16 2819 2819 2819 2819 2819 2819 2819 2821 2821 2821 2821 2821 2821 2821 2821 2821 2821 2824 2824 2824 2824 283 1 2831 2831 2831 2834 2834 2834 2834 2834 2834 2834 2834 2834 2835 2851 2851 R A V E N P R E S S B O O K S LTD. S O U T H - W E S T E R N P U B L I S H I N G CORP. TORSTAR BOOKS WEIDENFELD & NICOLSON Z O N D E R V A N CORP. C O R D U R A CORP. G. S C H I R M E R INC. N O R T H A M E R I C A N D I R E C T O R Y CORP. V A L A S S I S I N S E R T S INC COMPUCOLOR INTERNATIONAL P R O V I D E N C E G R A V U R E H O L D I N G S INC. R U D C O I N D U S T R I E S INC R E I C H H O L D C H E M I C A L ' S SPEC. P H E N O L I C S DI V ALLIED SIGNAL FLUOROPOLYMER DIV ASSETS B A SF CORP. E N G I N E E E R I N G P L A S T I C S AIRCO INDUSTRIAL GASES CS I N D S ' C A R B O N D I O X I D E S DIV. C I BA - G E 1 G Y CORP. SCM CORP. C O N S E R V INC. D E G U S S A CORP. G E N EL E C T CO ' S GR W E S T E R N S I LI CO N PLANT ICI A M E R I C A IS OT EK INC. K A T A L C O CO. KE NC O INDS. INC. A R C O - J S P CO. BASF CORP. C H A R D O N O L CORP. EMS' AM ER I CAN G R 1 LON ICI A D V A N C E D M A T E R I A L S K-BI N INC. MO B A Y C H E M I C A L POLY B L E N D S INC. T E X A P O L CORP. U L T R A F O R M CO. BASF CORP BASF CORP. BASF S T R U C T U R A L M A T E R I A L S M O N S A N T O CO 'S P O L Y S T Y R E N E DIV. A D V A N C E D GE N E T I C SCIE NC ES INC. CL I N I C A L S C I E N C E S INC. IN TE R N A T I O N A L I M MU NO LO GY CORP. SA LS BU RY LABS. A M E R I C A N C R I T I C A L CARE B A X T E R T R A V E N O L ' S FLINT DIV. K R E M E R - U R B A N CO. K R EM ER S URBA N CO'S (CERTAIN ASSETS) N O R C L I F F TH AY ER INC. RE I0 - RO WE LL INC. T A KE DA C H E M I C A L PRDTS USA T E C H A M E R I C A G R O U P INC. W A K U N A G A OF A M ER IC A INC. E B R A M O N T NV CE L A N E S E SPECIAL RE SI N INC. FORD MO T O R CO PAINT DIV N E W YORK C I NC IN NA TI NY OH NY NY MI CA NY MA MI NC RI NJ NY NJ CT IN LA DE NY FL AL AZ PR OH IL GA PA MI TX SC NC TX TX MI PA AL TX VA SC MO CA NJ CA IA IL IL WI WI NY GA NC KS CA CT KY NY W O L T E R S SA MS OM G R O E P NV, THE T H O M S O N FAMILY A T K I N S O N ,J .S .ES TA TE W E LD EN FE LD , G E O R G E MORAN, C H R I S T O P H E R J. T H O M S O N FA MI LY M U S I C SALES CORP. BE LL CA NA DA EN T E R P R I S E S INC. PACKER. KERRY MAXWELL, RO BE RT MA XWELL. RO BE RT M E T A L BOX PLC BTL INC. M O N T E D I S O N SPA BASF AG BOC G R O U P PLC AIR L I QU ID E SA CIBA - GEIGY AG H A N S O N TRUS T PLC M O N T E D I S O N SPA DE GU SS A AG NI P P O N KOKAN KK IMPE RI AL CH EM I C A L INDS. PLC NI PP ON SANSO KK IMPERIAL C H EM IC AL INDS. PLC CO OK SO N GROU P PLC MI TSUBISHI GAS CH EM IC AL CO. BASF AG BE L Z B E R G FAMILY EMS CH EM IE AG IMPERIAL C H EM IC AL INDS. PLC SH IN-ETSU CH EM IC AL CO. BAYER AG BASF AG CO OK SO N GROUP PLC BASF AG /O EG US SA AG BASF AG BASF AG BASF AG CANADA, GOV'T OF AB CARDO AGNELLI FAMILY NITT O BOSEKI CO LTD SOLVAY & CIE SA BR ONFMAN FAMILY BOOTS CO. PLC. THE SCHWARZ GM BH SCHWARZ GMBH B E E C H A M GROUP PLC SOLVAY & CIE TAKEDA CHEMICAL INDS. LTD. EL-SAYED, REFAAT WA KU NA GA SEIVAKU CO. LTD. MO NT E D I S O N SPA R I O- TI NT O ZINC CORP PLC BRON FM AN FAMILLY NE W Y O RK GRAND RAPIDS LOS A N G E L E S N E W YO RK LO WE LL F A R M I N G T O N HI PROVIDENCE P A RA MU S W H I T E PL AI NS BA T O N RO GU E N E W YO RK NICHOLS DA YT ON ALPHARETTA HO U S T O N FAYETTEVILLE FR EE PO RT LIVONIA BETHLEHEM WILLIAMSBURG ST LOUIS OA K L A N D WHIPPANY CH ARLES CITY WAUKAGEN OEERFI ELD TARRYTOWN AT LANTA WILMINGTON E L WO OD STAM FO RD LO U I SV IL LE TY AM AM OT JV AM El AM JV AM El AM AM AM AM PE NP AM NP El AM PE AM NP AM El AM NP NP AM PE PE NP PE AM AM NP PE PE PE AM AM AM AM PE AM AM AM AM AM AM PE AM NP El AM AM VALUE 250! 0 4! 5 222.0 7.0 152! 5 13.9 31 .0 50.0 10.0 699! 6 22.0 60.0 16.0 5.0 10.5 4.0 . . 70. 0 2.0 1 .3 93.5 555.0 395.0 117.5 10.0 17.4 3.0 125.0 138.0 NA TN AL TY NL CA CA UK UK CA UK CA AS UK UK UK CA IT GE UK FR SZ UK IT GE JA UK JA UK UK JA GE CA SZ UK JA GE GE UK GE GE GE GE CA SW IT JA BE CA UK GE GE UK BE JA SW JA IT UK CA 1986 F O RE IG N DIRECT SIC 2851 2861 2865 2869 2869 2869 2869 2869 2869 2869 2873 2879 2879 2879 2879 2879 2891 2892 2893 2893 2893 2899 2699 2899 2699 291 1 301 1 3041 304 1 3069 3069 3 0 79 30 79 3 0 79 3079 3 0 79 3079 3 143 31 49 321 1 321 1 3 2 29 3 2 29 3231 3241 3241 3241 3251 3251 3253 3271 3 272 32 73 3295 32 99 33 12 IN VE ST ME NT TRANSACTIONS, US FIRM NAME W I L S O N - F I B E R F I L INT'L M O N S A N T O CO'S PAPER CH E M I C A L DIV. POLYTRI BO INC AG R I F U E L S R E F I N I N G CORP. A K ZO CHEMIE AMERICA A L L I E D CO L L O I D S INC BASF CORP. CDF CH IM IE DOW CH EM 'S PO LY O L E F I N WIRE & PO LY ME RS EVAL CO. OF AM ER IC A N I T R A G I N CO. INC. BASF CORP. F A I R F I E L D AM ER IC A CORP. SANDOZ CORP. PR O T E C T I O N CORP. U N I O N C A R B I D E 'S W L DW DE A G R I . P R D T S DIV. VE L S I C O L C H E M I C A L ' S A G R I - C H E M I C A L DIV. C O L U M B I A CEMENT CO. INC. C A R B O H Y D R A T E S A M ER IC A INC. COLOR & C O M P O S I T E TECH. INC. POPE CH E M I C A L CORP. SUN C H E M I C A L S G R A P H I C ART. MAT. DIV. C L OW C O R P 'S WA T E R M A N A G E M E N T DIV. D I A M O N D C R Y S T A L SALT CO N A T I O N A L WAX CO. U N I O N C A R B I D E ' S SP EC IA LT Y P R O D U C T S CI T G O P E T R O L E U M CORP. D U N L O P TIRE CORP A S MO MFG INC TOKAI CO RP G R E E N V I L L E T E C H N O L O G Y INC N I S H I K A W A S T A N D A R D CO D U P O N T CO K A N E K A T E X A S CORP. N A Z A R E T H I N D U S T R I A L CO RP S T A R - T E X CORP. S W E D L O W INC UL TR A FO R M CO R O C K P O R T CO. E T O N I C SH OE CO. H E R A E U S INC. L I B B E Y - O W E N S F O RD 'S GL AS S OLIN-ASHA INTERCONNECT TECHNOLOGY Q U A R T Z INT'L CORP. L - N U N I T E D INC. IDEA B A S I C MISSOURI PORTLAND CEMENT N O R T H W E S T E R N S T AT E P O R T L A N D C E M E N T CO G E N E R A L S H A L E P R O D U C T S CORP. R I C H T E X CORP. KPT INC. W E S T E R N M O B L E INC. L O N E STAR INDS. INC. G I F F O R D H I L L & CO. T O Y O T A N S O A M E R I C A INC. D E N E M O U R S . E I D U P O N T & CO. AL T E C H S P E C I A L T Y ST EE L C O R P COMPLETE. * BY SIC LOCATION TS FOREIGN INVESTOR TV N E SH AN IC ST. NJ GA PA LA TX VA LA TX MI TX WI NC NJ IL CT IL NY NC OH NJ NY FL MI IL CT TX NY MI MI OH IN TN TX PA MN CA AL MA MA NY OH CT CA KY CO MO IA TN SC IN CO VA TX IL DE NY AKZO NV AKZO NV FUJIKURA KASEI CO LTD K H A S H O G G I , AONAN AKZO GROUP ALLIED CO LLOIDS GROUP PLC BASF AG FRANCE. GOVT OF UNI TED KINGDOM, GOVT OF KURARAY CO. LTD. AIR LIQUIDE SA BASF AG W E L L CO ME FO UN DA TI ON PLC SANDOZ LTD FRANCE, GOVT OF SANDOZ LTD UK, GOVT OF V O LV O AB MITSUI GROUP DA IN IC H S E I K A COLOR 8. CHEMICAL DA IN IP PO N INKS & CH EMICAL INC. UK, GOVT OF BR IE RE LY RON ET AL UK, GOV'T OF MO R G A N C R UC IB LE CO PLC VENEZUELA, GOVT OF SUMI TO MO EL EC TR IC INDUSTRIES LTD N 1 P P 0 N D E N S 0 CO LTD SU M I T O M O ELEC TR IC IND LTD M O R I R O K U CO LTD NI SH I K A W A FAMILY B R O N F M A N FAMILY TR US TS KANEGAFUCHI C H E M IC AL IND. CO. LTD. MITSUKI INDUSTRY CO LTD B O WA TE R CORP. PLC PI L K I N G T Q N BROS PLC DE GU SS A AG R O B E R T S T EP HE NS H O L D I N G S LTD. AR I T M A S GR OU P HE R A E U S G M B H HM P I L K I N G T O N BROS. PLC ASAHI G L A S S CO. LTD. TO S H I B A C E R A M I C S CO. LTD. NI P P O N SHEET G L A S S CO. LTD H O L D E R B A N K FI N A N C I E R E H O L D E R B A N K F I NA NC IE R GL A R I S BRIERLEY, RO N A L D ET AL M A R L E Y PLC J A NN OC K LTD. CHEN, HE N R Y R E D L A N D PLC TA RM AC PLC BE AZ ER (HOLDINGS) PLC CH TO YO TA N S O CO. LTD. B R O N F M A N FAMILY RIO TI N T O - ZINC PL C,THE AM AM PE NP PE PE NP NP AM NP AM NP AM NP AM AM AM NP NP AM AM AM AM AM AM AM El NP NP NP JV NP PE NP AM AM OT AM AM OT AM JV AM JV AM AM AM AM AM NP JV AM AM NP OT AM SUFFORK M I DL AN D RSR TRI PARK NE WA RK CH IC AG O DA NBURY CH IC AG O NE W YORK SIDNEY PATE RS ON NEW YORK JACKSONVILLE ST. CLAIR C H IC AG O D A NB UR Y G R A N D ISLAND TO PE KA LAKEVILLE GARDEN GROVE MOBIL MARLBORO BROCKTON TOLEDO STAMFORD SANTA CLARA LEXINGTON OENVER J E F F E R S O N CIT M A S O N CITY J O H N S O N CITY COLUMBIA BLOOMFIELD DENVER • IR VI NG WILMINGTON DUNKIRK VALUE 200 10 88. 9 25. 0 4. 5 20. 0 575. 0 225. 0 22. 0 2 .7 )0. 0 550. 0 12. 0 8. 6 1 1 .0 25.,0 540.,0 245..0 4 .2 16 .0 40 .5 70 .0 43 .6 20 .0 70 .0 . 30 .0 100 .0 . 94 .0 16 .0 6 .2 35 .0 225 .0 275 .0 0 .1 • NATNALTY NL NL JA SA NL UK GE FR UK JA FR GE UK sz FR SZ UK SW JA JA JA UK NZ UK UK VF JA JA JA JA JA CA JA JA UK UK GE UK SW GE UK JA JA JA SZ SZ NZ UK CA TW UK UK UK JA CA UK 1986 F O R E I G N O I R E C T SIC I N V E S T M E N T T R A N S A C T I O N S , C O M P L E T E , BY SIC US F I R M N A M E 33 12 A T L A S IRON W O R K S INC'S A S S E T S 3 3 12 C A L I F O R N I A ST EE L I N D U S T R I E S C I V E S S T E E L CO 3312 S A N G E R ST EE L CORP. 33 12 TAMCO 3312 USS - POSCO INDUSTRIES 3312 W H E E L I N G N I S S H I N INC. 33 12 C A P E W E L L H O R S E N A I L S INC. 3315 M I D - A M E R I C A S P R I N G W I R E INC 3315 P H A L O C O R P . ' S C A B L E MFG. PL A N T 33 15 WALLACE BARNES STEEL DIVISION 3316 HI SA N CORP. 3 3 17 O M E G A T U B E & C O N D U I T CO R P 33 17 LI - M A T E C H INC 33 25 M E T Z M E T A L L U R G I C A L CORP. 3 3 39 WROUGHT PRODUCTS DIVISION 3339 A L U S U I S S E F L E X I B L E P A C K A G I N G INC. 3353 K A I S E R A L U M I N U M & C H E M I C A L CORP. 3353 S C I E N C E A P P L I C A T I O N S INT' L C O R P ‘S A S S E T S 3 3 53 A L C A N - S U M I T O M O E L E C T R I C INC 3 3 55 F I T E L CORP. 3 3 57 O P T E C D D USA 3 357 PI R E L L I C A B L E C O R P 3 3 57 S O U T H W I R E - F U R U K A W A C A B L E CORP. 3357 S H E L L E R - RYOBI CORP. 3361 N E O M E T C O RP 3369 U N I V E R S A L S T R E S S - R E L I E V I N G INC 3 3 98 A L L O Y M E T A L S INC 33 99 341 1 IN TN TL C O N T A I N E R C O R P ' S A E R O S O L DIV M O N O B L O C USA 3411 P E C H I N E Y - C E B A L CO RP 3411 TRI-CLOVER DIVISION 3431 O M E G A M E T A L B L D G P R O D U C T S INC 3441 M C K E E I N D U S T R I E S INC. 3442 SHOW A A L U M I N U M CO RP OF A M E R I C A 3443 SH O W A A L U M I N U M CORP OF A M E R I C A 3443 T H E R M A L E X INC. 3443 H.H. R O B E R T S O N CO. 3 444 A N A D I T E INC. 3462 T O K Y O CAR USA 3473 I N T E R N A T I O N A L H I G H T E C H N O L O G Y CORP 3479 NH K A S SO C SP R I N G C O M P O N E N T S INC 3493 R O C K W E L L INTNTL S U S P E N S I O N S Y ST EM S CO 3493 S E R V I C E SP R I N G CO 3493 S U M I D E N W I R E P R O D U C T S CORP. 3496 U N I O N C H A I N CO 3496 A P P L I E D M O L E C U L A R T E C H CO R P ' S AS SE TS 3499 351 1 A L L I S - C H A L M E R S ' H Y D R O - T U R B I N E BUS H O N D A POWER E Q U I P M E N T M F G INC 3524 A S T E C IN OU ST RE S INC 3531 F M C ' S C O N S T R U C T I O N EQUI P CO 3531 HI TA CH I C O N S T R U C T I O N M C HY (AMER) CO RP 3531 K O M A T S U A M E R I C A MFG. CORP. 3531 L I N K - B E L T CONST. EQUIP. CO. 3531 V A L M O N T I N DU ST RI ES INC 3532 S M I T H INTL INC 35 33 LOCATION FO N T A N A CONKLIN SA NGER PITTSBURG HARTFORD FREMONT FORESTVILLE ROCHESTER L I T T L E RO CK TOCCOA S. P L A I N F I E L D READING OAKLAND SAN D I E G O MEXICO W E S T PI T T S B U R HOUSTON TROY KE NO SH A IRVING AU RORA C O LU MB US MONTGOMERY PITTSBURGH CHICAGO NEW YORK FREMONT B O W L I N G GR EE N TROY I N D I AN AP OL IS SAND US KY G I LR OY YORK C H AT TA NO OG A DEERFIELD LE XI NG TO N V A LL EY NE WP OR T BEACH TS F O R E I G N INVESTOR OR CA NY CA CA CA WV CT IN NH CT MI AR GA NJ PA KY CA CA NC GA MO SC GA IN PA TX MI CT PA CT WI TX IL OH OH AL PA IL NY CA KY MI IN CA OH CA PA NC TN IL TX TN KY NE CA QUEBEC. GO VT OF KAWASAKI ST EE L CORP QUEBEC, GO VT OF D Y N A T E I N T E R N A T I O N A L LTD. MI TS UI & CO. LTD. SO U T H KOREA. G O V T OF N I P P O N ST E E L CORP. M U S T A D I N T E R N A T I O N A L GR OU P I V AN IE R FA MI LY HI TA CH I LTD. FRIED. G U S T A V TH EI S K A L T W A L Z W E R K E GM BH SANO H I N DU ST RI AL CO. LTD. S U M I T O M O M E T A L IN DU S T R I E S LTD KO BAYASHI CO LTD D E G U S S A AG NGK I N SU LA TO RS LTD A L U M I N I U M SUISSE SA CLORE, ALAN AL C A N A L U M I N I U M LTD. S U M I T O M O EL E C T R I C IN DU ST RI ES LTD. F U RU KA WA E L E C T R I C CO. LTD. DA11CHI D E N K O CO LTD PIRELLI SPA F U R U KA WA E L EC TR IC CO. LTD., THE RYOBI LTD. MI TS UB IS HI ME TA L CORP MITSUI EN G I N E E R I N G & SH IP BL DG CO LTD SULZER GE B R U D E R AG FRANCE, GOVT OF EN VA SE S M E T A L U R G I C O S FRANCE, G O VT OF A L F A - L A V A L AB H O L M E S A COURT, ROBERT CLYDE INDUSTRIES LTD. SHOWA LIGHT METAL CO SHOWA LIGHT METAL CO MITSUBISHI A L U M I N U M CO. LTD. BE L S B U R G FAMILY BRIERLEY, RONALD A. MITSUI & CO. LTD. ULVAC CORP NHK SPRING CO LTD MITS UB IS HI STEEL MFG CO LTD TOYO SH IM A SPECIAL STEEL CO LTD SU MI TO MO ELECTRIC INDUSTRIES LTD TS U B A K I M O T O CHAIN CO BO LIDEN AB J M VO I T H GM BH HONDA MOTOR CO LTD OC EA NI C TRUST SU MI TO MO HEAVY INDUSTRIES LTD HITACHI LTD ET AL KO MATSU LTD. SUMITOMO HEAV Y INDUSTRIES LTD. FIOELITY INTL LTD ET AL BRIERLEY, RO NA LD ET AL TY AM El AM NP PE JV JV AM AM AM AM JV PE AM AM AM NP AM AM NP OT NP NP JV NP JV AM AM AM NP NP AM AM AM NP OT JV El El NP NP JV JV AM PE AM VALUE . 90.0 3.0 240.0 69. 7 . 6! 0 . 5.0 . . 45.2 32.0 13.0 . 40.0 19. 1 15.0 11.7 4.0 . . 1 .2 9.9 20.0 6.0 4! 2 3 .1 . 5.5 5! 0 3.0 10.0 AM AM PE AM AM NP NP JV AM El 15.0 13.5 5! 9 2.2 NATN AL TY CA JA CA JA JA KS JA SZ CA JA GE JA JA JA GE JA SZ UK CA JA JA JA IT JA JA JA JA SZ FR SP FR SW AS AS JA JA JA CA NZ JA JA JA JA JA JA JA SW GE JA BD JA JA JA JA BD NZ 1986 F O RE IG N DIRECT SIC 3535 3535 3537 3541 3541 3541 3542 3544 3551 3551 3551 3551 3552 3552 3555 3559 3559 3559 3559 3559 3559 3559 3561 3561 3 5 62 3563 3564 35 69 3 5 72 35 72 3 5 73 3 5 73 3573 3573 3573 35 73 3 5 73 3 3 73 3573 3 5 73 3 5 73 3 5 73 3 5 73 35 73 35 73 3 5 73 3 5 73 35 73 3576 35 7 9 3 5 79 3 5 79 35 85 3 5 85 3 5 85 35 92 IN VESTMENT TRANSACTIONS. US FIRM NAME NKC OF A M ER IC A INC. SI H A N D L I N G SYSTEMS INC WALT CO TRUC K EQ UI P CO GE FANUC A U T O M A T I O N CO O K A M O T O M A C H I N E TOOL WORK S TOYODA M A C H I N E R Y USA INC CLOOS INT'L INC. CO NI C- SH A CO LTD BENIER USA K R I S - T E C H CORP LIQU IP AK INTL INC RH EO N A U TO MA TI C MCHY INC. J. KR IE GE R & SOHN M E I S T E R G R A M INC. C O M P O S I T I O N SY ST EM S INC A L P H A - D E B O N IN DU ST RI ES INC G C A 'S INDU ST RI AL SYSTEMS DIV KR AU SS -M AF FE I CORP O T T - A - M A T I C INC S T E R L I N G E X T R UD ER CORP. T R IN IT Y INDUST. CO RP OF AM ERICA W I T H E R S M A CH IN E W O R K S INC A R M S T R O N G PU MP S INC. D E N I S O N DIV T R W 'S BA LL B E A R I N G S DIV C A LM AR INC. K L E E N T E K INC M I C H I G A N D Y N A M I C S INC. B R O T H E R IN DU S T R I E S (USA) INC C A N O N USA C A N O N V I R G I N I A INC. C O L U M B I A DATA P R O D U C T S INC. C O M P U T E R IN DE NT IC S CORP. C O N T I N E N T A L H E A L T H C A R E SY S T E M S INC C O U N T E R P O I N T C O M P U T E R S INC. CYBERDISK D A T A M E T R I C S CORP. EV A N S & S U T H E R L A N D C O M P U T E R CORP. FO R T U N E S Y ST EM S CO RP H I TA CH I C O M P U T E R P R O T S (AMERICA) INC. H O Y A E L E C T R O N I C S CORP KCR T E C H N O L O G Y INC M E M O R Y T E C H INC M I C R O FIVE CO RP M I TS UI C O M T E K C O R P M O D U L A R C O M P U T E R SY S T E M S INC MYLEX CORP SABE R T E C H N O L O G Y CORP. W E I G H - T R O N I X INC C A R D T E C H N O L O G Y INC. EMF C O R P S Y N T R E X INC. C A L S O N I C INT' L INC. C L A R I O N CO. N I P P O N D E N S O A M E R I C A INC. C A R T E R - W E B E R INC. COMPLETE, BY SIC LOCA TI ON EASTON GARDENA 99 A R LI NG TO N HTS SCHA UM BU RG DALLAS M O DE ST O ST PAUL IRVINE C L E V EL AN D E L MS FO RD M A DI SO N HTS AURORA VANDALIA S. P L A I NF IE LD GEORGETOWN AU ST EL L N. TONA WA ND A COLUMBUS J A ME ST OW N CTY OF INDUS. CINCINNATI D E TR OI T BARTLETT NORCROSS CO LU M B I A CA NT ON O V E R L A N D PARK SAN JOSE ANAHEIM CHATSWORTH LAKE CITY R E D W O O D CITY NORMAN SAN JOSE E. H A R T F O R D PL AN O COSTA MESA LOS A N G E L E S FT L A U D E R D A L E MIAMI SAN JOSE FAIRMONT SADDLEEJROOK REDMOND EATONTOWN IR VINE B A T T L E CR EE K DE T R O I T TS FOREIGN INVESTOR TY VALUE TN PA CA VA IL IL IL TX GA CA MN CA RI OH NY MI IL KY OH NJ KY GA NY OH NY CA OH MI TN GA VA MD MA KS CA CA CA UT CA OK CA CT TX CA CA FL FL CA MN NJ CA NJ CA KY MI MI NAKANISHI METAL WORKS CO. LTD. BORGE FABRIKS AB SMZ INDUSTRIER AB FANUC LTD OK AM OT O MACHINE TOOL WORKS LTD. TOYODA MACH IN E WORKS LTD CLOOS SCHWEI SS TE CH NI K GM BH CARL CONIC-SHA CO LTD B E N I E R . HANS SHIBUYA KOGYO CO LTD TETRA PAK INTL AB RHEON AUTO MA TI C MA CH IN ER Y CO. LTD. J. KRIEGER & SOHN BARU DA N CO. LTD. DE LARUE CO PLC, THE ASEA AB WARTSILA AB OY KRAUSS-MAFFEI AG ODAWARA ENGINE ER IN G CO LTD BAKER PERKINS PLC TOKYO GEBR UD ER SULZER AG 5 AR MS TR ON G SA LTD. ASEA AB SKF AB INVESTMENT BEIJER AB KLEE NT EK INDUSTRIAL CO LTD FUJI FILTER MFG. CO. LTD. BR OT HE R IN DU ST RI ES LTD CANON INC. CANO N INC. U N I D E N T I F I E D CA NA DI AN INVESTOR B E KA ER T NV SA TBG EUROPE NV KY OC ER A CORP. AL C A N A L U M I N U M LTD. O R A N J E - N A S S A U GR OE P BV N E W M A R K E T CO. LTD. FRANCE, GOVT OF HITACHI LTD. H O YA CORP M O O R E CORP LTD M I TS U B I S H I CORP S A MS UN G EL E C T R O N D E VI CE S CO LTD MITSUI & CO LTD AEG A K T I E N G E S E L L S C H A F T A B U S U L L A Y M A N ABDU L HA M I D ET AL B M W - B A Y E R S C H E M O T O R E N WERK E AS ST AV EL EY I N DU ST RI ES PLC N A T I O N A L B U S I N E S S SY STEMS INC. B U H R M A N N - T E T T E R O O E NV OL IV ET TI FA MI LY N I S S A N MO TO R CO. LTD. C L A R I O N CO. LTD. TO YO TA MOTO R CORP. AGNELLI FAMILY NP AM AM JV NP NP OT OT NP AM AM OT NP AM AM AM AM 50.0 AM AM AM AM PE AM AM El JV AM OT OT NP El El AM AM El AM AM AM OT OT AM JV AM OT El AM AM AM AM AM OT NP OT El 100.0 5.0 2.0 4.0 . 12.0 7.0 1 .5 1 .0 . . 0.7 22.0 . 1 .4 8.0 . 125.0 . 2.0 27 .3 . 0.8 . 5.0 7.0 0.9 20.0 52.0 0.3 19.4 9.0 13.3 3.0 42.8 NATNALTY JA SW SW JA JA JA GE JA NL JA Sw JA GE JA UK sw FI GE JA UK JA SZ CA SW SW SW JA JA JA JA JA CA BE NL JA CA NL BO FR JA JA CA JA KS JA GE SA GE UK CA NL IT JA JA JA IT 1906 FO R E I G N D I R E C T I N V E S T M E N T T R AN SA CT IO NS . COMPLETE, BY SIC * ********************************************************* US FI RM NAME LOCA TI ON TS F O RE IG N INVESTOR AMEG A I N DU ST RI ES H I T A C H I A M E R I C A LTD TO S H I B A CORP R E L I A N C E FUSE DIV S Q U A R E D'S ELEC H E A T M F G FA CI L I T Y M O T O R N E T I C CORP. SEW-EURODRIVE P O TT ER & B R U M F I E L D M A T S U S H I T A E L E C T R I C CORP OF A M E R I C A D E S C O R INC. SANYO W H I T E C O N S O L I D A T E D I N D U ST RI ES H E A L T H - M O R INC. R E E C E CORP. (THE) D E S I G N & MFG. CORP. STANLEY - KYOKUTO S T AN LE Y E L E C T R I C U.S. CO. INC. C I R C U I T C O N T R O L L E R CORP P O U L S O N L I G H T I N G INC A L P I N E E L E C T R O N I C S INC A M ER IC A KOTOBUKI E L E C T R O N I C S IND. INC. F U JI TS U TEN A M E R I C A HI TA CH I C O N S U M E R P R OD TS OF A M ER IC A NEC H O ME E L E C T R O N I C S LTD RCA V I D E O P R O D U C T I O N S INC SO NY 'S I N D U S T R I A L PRDTS DIV. R C A / A R I O L A INTL ALCATEL/CELWAVE CIT - A L C A T E L INC CXC CORP G T E ' S T E L L E C O M M U N I C A T I O N S BUS ITT T E L E C O M P R O D U C T S CORP M A T S U S H I T A COM. CORP. OF A M ER IC A N O R T H E R N T E L E C O M INC PA LC O T E L E C O M INC B U RR OU GH S' IMAGING SY ST EM S DIV. KYOW A A M ER IC A CORP LY N C H C O M M U N I C A T I O N S Y ST EM S INC M A T S U S H I T A E L E C T R I C IND. CO. PH A L O ' S O P T I C A L S Y ST EM DIV. R A D I A T I O N SY ST EM S INC. SA F E T R A N SY ST EM S CORP. SE C U R I T Y TAG S Y ST EM S INC S O L I T R O N D E V I C E S INC T E L E N E T I C S INC I N T E R A C T I O N SY ST EM S INC. TOSHIBA-WESTINGHOUSE C A NO N USA DUPONT, El CO ELECTROTECH EXCE L M I C R O E L E C T R O N I C S INC. G A IN E L E C T R O N I C S CORP. IMC M A G N E T I C S CORP P O W E R E X INC. S A M S U N G S E M I C O N D U C T O R INC SHAR P M I C R O E L E C T R O N I C S TECH. INC LONGVIEW TX IL TX IL IL CA TX TX NV FL CA OH IL MA IN MI OH MI FL IN WA IN CA GA NY FL NY NC VA CA CT NC IL VA IN CT CA NV GA CA VA MN FL FL CA MA NY TX NC NY CA NJ FL PA CA WA U D D E H O L M S AB HITACHI LTD T O SH IB A CORP HA W K E R S I DD EL EY G R O U P PLC M A R L E Y PLC N I PP ON SEIKO KK S E W - E U R O D R I V E GM BH & CO. SIEMENS AG M A T S U S H I T A E L EC TR IC IND CO LTD G A S L E C LTD. SANY O C O RP E L E C T R O L U X AB F A IR WA Y H E IG HT S INVEST ME NT S LTD. CA ME LL IA INVE ST ME NT LTD. SANYO EL ECTRIC CO. LTD. ST AN LE Y EL ECTRIC CO LTD ET AL S T AN LE Y EL ECTRIC CO. LTD. YAZAKI CORP LOUIS PO ULSON & CO A/S A L PI NE EL EC TR IC CO LTD M A T S U S H I T A EL ECTRIC INDUST. CO. LTD. FUJI EL EC TR IC CO LTD HITACHI LTD NEC CORP MOHN, R E IN HA RD & FAMILY SONY CORP. MOHN, REINHARD, & FAMILY FRANCE, GOVT OF FRANCE, G O VT OF SONY CORP ET AL SI EMENS AG FRANCE, GOVT OF, ET AL MA TS US HI TA ELEC. IND. CO. LTD. BELL CANADA ENTERP RI SE S INC PALCO ELECTR ON IC S MFG SPLY LTD FUJI EL ECTRIC CO. L T P . KYOWA ELECTRIC & CHEMICAL CO LTD FRANCE, GOVT OF MA TS U S H I T A EL ECTRIC IND. CO. LTD. PI LK IN GT ON BROT HE RS PLC FIDELITY INTL LTD. HAWKER SIDDELEY GR OU P PLC A U T O M A T E D SECURITY (HLDGS) PLC SA LZGITTER AG KA NE M A T S U - G O S H O LTD HATVANY, BELA R. TOSHIBA CORP CANON INC. BR ON FM AN FAMILY TRUSTS UN IT EC H PLC ROHM CO. LTD. MITSUI & CO. LTD. MI NE BE A CO LTD MISUBISHI ELECTRIC COP. SAMSUNG ELEC CO LTD SHARP CORP DA LL AS CHICAGO PA L A T I N E SANTA ROSA N E W YORK B R O W A R D CNTY CLEVELAND L O MB AR D WALTHAM RICHMOND B A TT LE CREEK PETO SK EY GREENWOOD VA N C O U V E R I NEW YORK FT. L A UD ER DA L N E W YORK CL AR E M O N T IRVINE ST AM FO RD RALEIGH MC L E A N O A NB UR Y COSTA MESA RE NO SIMI VA LL EY ST ER LI NG MINNEAPOL1S ST PE TE R S B U R G RI VIERA BE AC H P L ACENTIA N E WT ON VI LL E HORSEHEADS DALLAS R E S E A R C H PK SAN JOSE BRANCHBERG MIAMI LAKES YO U N G W O O D VA N C O U V E R TY AM NP OT AM AM AM NP AM OT NP NP AM AM El AM OT PE AM NP NP OT NP PE PE AM PE El OT NP AM AM AM PE OT NP AM NP El NP AM AM El AM AM AM El JV OT OT NP AM OT OT JV NP NP VALUE N A TN AL TY SW JA JA UK 11.5 UK 3 !0 JA GE GE JA SO JA 742^6 SW 1 . 1 CA 0.4 UK 4 .4 JA JA 5.0 JA 3.8 JA DA 25 !0 JA 20.0 JA 4.5 JA JA JA GE JA 300.0 GE FR FR JA 336.0 GE FR JA 0.0 CA CA 20.0 JA 0.8 JA 56.0 FR 20.0 JA UK 1 .9 BD 30.0 UK 0.8 UK 10.2 GE JA UK JA JA CA 11.1 UK 5.7 JA JA 6.0 JA JA 16.0 KS JA o o SIC 3 599 36 12 3612 3613 3613 3621 3621 3622 3631 3632 3 6 32 3633 3635 36 36 36 39 3641 3641 36 43 3645 3651 3651 3651 3651 3651 3651 3651 3652 3661 3661 3661 3661 3661 3661 3661 3661 3 6 62 3662 3&62 3662 3662 3662 3662 3662 3662 3662 3672 3672 3674 3674 3 6 74 3674 3674 3 6 74 3674 36 74 36 74 1906 FO R E I G N D I R E C T INVE ST ME NT TR AN SACTIONS. SIC 3674 3674 3674 3679 3679 3 6 79 3679 3679 3679 3679 3679 3679 3679 3679 3679 3679 3692 3693 3693 3699 3711 3711 3711 3711 37 14 37 14 3 7 14 3714 3714 3 7 14 3714 3714 37 14 3714 3 7 14 37 14 3 7 14 3714 3714 3714 37 15 3720 37 29 3741 3811 3811 3811 3811 3 8 22 3 8 23 3825 3825 38 2 5 3 8 29 3829 3832 US FI RM NAME S U M I T R O N I C S INC. V E R N E T INC ZYMO S CORP. ARRA Y T E C H N O L O G Y INC. E-H E L E C T R O N I C S INC. (EHE) EL IT E C I R C U I T S INC HI TACHI C H E M I C A L CO JVC A M ER IC A INC. K I ST LE R INST RU ME NT CORP. PH I L I P S & D U P O N T O P T I C A L CO (PDO) PO W E R T E C INC SILTEC CORP S O U T HE RN SY ST EM S INC SU M I T O M O E L E C TR IC W I R I N G SYS INC TE CH N I C A L C O M P O N E N T S INC XETE L CO RP POWER C O N V E R S I O N INC. M E O A S O N I C S INC R A D I A T I O N ' S EQUIP DIV PE P IN DU ST RI ES INC M A CK TR UCKS INC. TOYOTA MO TO R MFG. USA INC. TOYOTA MO T O R SALES USA V O L V O - GM H E A V Y TR UC K CORP. A I S 1 N USA A M E R I C A N BR AK E IND. CORP. AMKO R CORP. BOSCH, R O B E R T CORP. C A L S O N 1 C Y O R O Z U CORP. CA ST FO RG E CO. CE NT RA L MFG. CO. G K N INC. H O N D A OF A M E R I C A MFG. INC. INOAC USA INC. JI D E C O M A G N A I N T 'L INC. N I P P O N SEIKI CO. TG (USA) CO RP W O O D B R 1 D G E INOAC ZF OF NO. A M E R I C A INC. R I C E T R A I L E R S LTD. A E R O N C A INC. P O R S C H E G A L E S B U R G INC. IZUMI CORP. A P P L I E D R E S E A R C H LABS. INC. C O O P E R D E V ' S T E C H N I C O N INC. CHEM. DIV. J & W S C I E N T I F I C INC R E I C H E R T S C I E N T I F I C INSTS. DIV. R O B E R T S H A W C O N T R O L S CO. A N D E R S E N I N S T R U M E N T S INC. A & M INSTRUMENTS D A Y T R O N I C I N S T R U M E N T S Y ST EM S CORP T A S C O E L E C T R O N I C S R V S . CO. A N D O E L E C T R I C CO. P H O S P O - E N E R G E T I C S INC. P E N T A X O P H 1 H A L M C INC. COMPLETE, BY SIC * LOCATION TS FOREIGN INVESTOR TY SU NNYVALE SAN DIEGO SUNNYVALE SAN JOSE FR EMONT SAN DI EG O CA CA CA CA CA CA GA AL NV NC CA CA FL KY RI TX NJ CA NY TN NC KY MI NC IN KV IL SC IN MI KY NC OH KY KY IL OH MO KV ME MD NC IL NY NY PA CA NJ VA GA NY OH CA MD PA MN SU MITOMO CORP VE RTEX INC DA EW OO CORP. IMPERIAL CHEMICAL INDUSTRIES PLC D A TR ON INSTRUMENTS PLC B R ON FM AN FAMILY TRUSTS HITACHI LTD MA TS US HI TA ELECTRIC IND. CO. LTD. KISTLER INSTRUMENTS AG PHILIPS GL OEIL NV LOW & BONAR PLC M ITSUBISHI ME TA L CORP NATL BUSI NE SS SYSTEMS INC SUMITOMO ELECTRIC IND LTD FRANCE, GO VT OF ROHM CO LTD HA WK ER SIDDELEY GROUP PLC SETTSU P A P E RB OA RD MFG CO LTD SU MI TO MO HE A V Y INDUSTRIES LTD FUJI KURA LTD FRANCE, GOVT OF TOYOTA MO TO R CO. LTD TOYOTA MO TO RS CO. LTD. VO L V O AB TO YO TA MO TO R CORP A K EB ON O BRAK E IND. CO. D A EW OO HE AV Y INDS. LTD BO S C H FA MI LY NI S S A N MOTOR CO. LTD. AL C A N A L U M I N U M LTD. TOYOTA MO T O R CO. LTD. GUES T t KEEN & NE T T L E F O L D S PLC HO ND A MO TO R CO. LTD. INOUE MT P CO. 8. W O O D B R I D G E G R . NI S S A N MOTO R CO. LTD. MAGN A INT'L INC. N I PP ON SEIKI CO. LTD. TO YOTA M O T O R S CO. LTD. W O O D B R I D G E GR / I N O U E Z E P P E L I N - S T I F T U N G FR I E D R I C H S H A F E N B S M H O L D I N G S LTD. FLEET A E R O S P A C E CORP. PO R S C H E * DR. ING HOF AG IZUMI MO TO R CO. LTD FI SON PLC A K Z O NV FI SON PLC C A M B R I D G E I N ST RU ME NT CO. PLC SIEBE PLC TA C E PLC H A W K E R SI D D E L E Y GR OU P PLC H A W K E R SI DD EL EY G R O U P PLC R ADA E L E C T R O N I C INDS. LTD. A N DO E L E C TR IC CO. LTD. O T S U K A P H A R M A C E U T I C A L CO. LTD ASAHI O P TI CA L CO. LTD. OT NP AM AM AM AM PE OT PE JV AM AM AM NP AM AM AM AM AM AM NP NP PE JV NP JV NP NP PE JV NP PE PE NP NP NP NP NP NP PE NP AM PE PE AM AM AM AM AM AM AM AM AM PE AM NP TUSC AL OO SA AM HE RS T KINGS MTN CH AT S W O R T H M E N L O PARK CLEA RW AT ER W A RW IC K AU ST IN EL MW OO D PARK MTN VI EW ME LV I L L E N A SH VI LL E GEORGETOWN GREENSBORO ELIZABETHTOWN PEORIA HOWELL BRADSTOWN CLINTON SABINA BRADSTOWN CH A R L O T T E GALESBURG N E W YORK ROCHESTER WESTCHESTER M O R R I S PL AI NS RICHMOND R O C K V I L L E CT. MIAMI B U RG ARNHEIM PHILADELPHIA VALUE . . 13.4 . 0.7 . 30.3 1 .1 . 32.0 7.9 * 3. 2 59. 7 15.0 35 10 3 B .8 B O O .0 12.0 « 16.0 10.0 20 .0 20.0 36.0 • 4 .6 • 30.0 7.5 4.0 44.0 13.0 • 7 .5 22.2 18. 6 • 3.8 66.0 40.0 10.4 468 ’8 9.5 • 3.0 NATNALTY JA JA KS UK UK JA JA JA SZ NL UK JA CA JA FR JA UK JA JA JA FR JA JA SW JA JA KS GE JA JA JA UK JA JA JA CA JA JA CA GE UK CA GE JA UK NL UK UK UK UK UK UK El JA JA JA 1986 F O RE IG N O I R E C T IN V E S T M E N T TR AN SA C T I O N S . COMPLETE. 4 BY SIC ******** *** **** **** *** **** *** **** **** *** **** **** *** **** ** SIC US FI RM NAME LOCA TI ON TS FO RE IG N INVESTOR 3832 3641 3841 3841 3842 3842 3842 38 43 3843 3861 3861 3861 39 49 3949 3949 3951 3951 3999 4011 4011 4151 4213 4214 441 1 4411 441 1 4411 441 1 441 1 441 1 441 1 441 1 441 1 441 1 441 1 441 1 441 1 4*1 1 441 1 4463 44 63 4463 4463 44 63 44 63 44 69 451 1 451 1 4511 451 1 451 1 451 1 451 1 451 1 451 1 45 11 P Y R A M I D O P T I C A L CO. I N T E R M E D I C S IN T R A O C U L A R INC. IPCO CORP. (DENTAL DIV) O R G A N O N - T E KN IK A CORP. E V E R E S T & J E N N I N G S INC. O H M E D A (OHIO ME DI CA L) R I C H A R D S M E D I C A L CO. C O L U M B U S D E N T A L MFG. CO. PE L T O N & CR A N E CO. DATACOPY CORP KIMOTO INDUSTRIES USI - FI LM PR O D U C T S KDI CORP. M E L E X USA INC. Y A M A H A MOTO R CO. P A RK ER PEN'S W R I T I N G DIV. PI LO T PEN CO R P OF A M E R I C A K A M E Y A M A USA I N T E R N A T I O N T R A N S P O R T A T I O N SE RV IC E (ITS) LAKE S T AT ES T R A N S P O R T A T I O N S C HO OL BUS C O M P A N I E S (5) P U R O L A T O R C O U R I E R CO RP TNT PILOT A N D E A N LINE INC. E V E R G R E E N INTNTL (USA) CO RP F .A . V O I G H T S H I P P I N G CO. F U R N E S S S H I P P I N G & A G E N C Y (USA) INC. HAN JIN C O N T A I N E R LINES H A N J I N C O N T A I N E R LINES H O N G KO N G ISLANDS LINE AM ER IC A H O N G KO NG IS LA ND S LINE AM ER IC A H Y UN DA I M E R C H A N T M A R I N E CO. KOREA S H I P P I N G AM E R I C A INC. M A E R S K LINE M E D I T E R R A N E A N SH I P P I N G CO. M I T S U L OSK LINE S (AMERICA) INC. P A CI FI C A U S T R A L I A D I RE CT LINE INC T R A N S G L O B A L LINES LTD. Y A M A S H I T A - S H IN NI HO N S T E A M S H I P CO. D E N H O L M A G EN CY INC. USA E L I Z A B E T H RIVER T E R M I N A L S INC K A IS ER I N TE RN AT IO NA L NASSAU TERMINALS PORT D E N I S O N SU NE EL A L AS KA CO RP 'S COAL T E RM IN AL H O E G H LINE S AG E N C I E S INC AEROFLOT ALL N I P P O N AI RW AY S ALL N I P P O N A I RW AY S ALL N I P P O N A I R W A Y S ALL N I P P O N A I R W A Y S CO. CA TH AY PA CIFIC A I R W A Y S JAPAN AIR LINE S (JAL) JA P A N AIR LINES (JAL) LO AD INC. SABENA B E L G I U M WO R L D A I R L IN ES IRVINE PA SA DE NA W H I T E PL AI NS R E S R C H TR PRK LOS A N G E L E S CO L U M B I A MEMPHIS ST. LOUIS CH A R L O T T E MO U N T A I N VI EW CEDARTOWN TY LE R CINCIN NA TI RALEIGH AT LA NT A JANESVILLE TRUMBULL FALL RIVER CA CA NY NC CA MD TN MO NC CA GA TX OH NC GA WI CT MA CA MN CT NJ NC NY NJ TX TX CA CA NJ CA WA TX TN VA NY CA TX TX LA VA CA FL FL AK NY VA CA VA NY GU CA GA VA NY NY SOKK IS HA CO. LTD PH AR MA CI A AB W C A NN IN G PLC AK ZO NV BRIERLEY. R O NA LD ET AL BOC GROU P INT'L SMITH & N E P H E W ASSOC. COS PLC BAYER AG SI EM EN S AG MU T U E L L E S UNIES, LES KI MO TO CO. LTD. LOW & BONAR PLC. A R IA DN E AU S T R A L I A LTD. FO RE IG N TRADE E N T E R P R I S E S /PETZE YA MA HA MOTOR CO. LTD. JA QU ES MA RG RY & PETER KIBBLE ET AL PILOT PEN CO. LTD. K A ME YA MA KAWASAKI KISEN KAISHA LTD. C A N A D I A N PACIFIC LTD DEGROOTE, M I CH AE L G. MANN. GE OR GE S TNT LTD D E NS GR OU P CHANG. Y.F. F .A * V O IG HT & CO. B.V. F U RN ES S NV HAN JIN TR A N S P O R T A T I O N CO. LTD. HAN JIN TR AN S P O R T A T I O N CO. LTD. H O N G KONG ISLANDS SHIPPING CO. LTD. H O N G KONG ISLANDS SHIPPING CO. LTD. HYUNDAI CORP. KOREA SH IPPING CORP. A.P. M O EL LE R GROUP M E D I T E R R A N E A N SHIPPING CO. MITSUI OSK LINES LTD. T R AN SA TL AN TI C SHIPPING CO C O NT A I N E R W O R L D INT'L HO L D I N G PLC Y A M A S H I T A - S H I N N I H O N ST EA MS HI P CO. LTD. D E NH OL M GROUP VAN OM ME RE N N V , PHS KAWASAKI STEEL CIOR VAN OMME RE N N V . P H S ... P. D. HO LD IN GS INC SUN EEL SHIPPING CO. H O EE GH & CO A/S. LEIF S OVIET UNION, THE ALL NI PP ON AIRWAYS CO. LTD ALL NIPPON AIRWAYS CO. LTD ALL NIPPON AIRWAYS CO. LTD ALL NIPPON AI RWAYS CO. LTD CATHAY HO L D I N G CO JAPAN. GOVT OF JAPAN. GOVT OF LOAD INC. BELGIUM, GOVT OF MINNEAPOLIS B A SK IN G RI DG E WINSTON-SALEM J ERSEY CITY HOUSTON HOUSTON NEW YORK SAN F R AN CI SC O N EW O R LE AN S CH ES A P E A K E NE W YORK M A NH AS SE T TY VALUE AM AM AM NP AM NP AM AM AM AM NP AM AM PE NP AM NP NP OT OT AM AM OT OT OT El OT OT OT OT OT OT OT OT OT OT OT OT OT JV AM AM JV AM OT OT OT OT OT OT OT OT OT OT OT OT 21 .2 68 0 NATNALTY JA SW UK 30 0 NL NZ UK 284 0 UK GE GE 4 0 FR JA 15 0 UK AS PL 40 0 JA 100 0 UK 5 5 JA 0 6 JA JA CA CA 22 2 CA 40 0 AS BE TW NL NL KS KS HK HK KS KS DA SZ JA SW UK JA UK NL JA NL BD 17 0 KS NO UR JA JA JA JA 2 0 HK JA JA AS 3 0 BE I I 1906 F O R E I G N DI R E C T SIC COMPLETE. US F I RM NAME SWIFTSURE TNT M A I L F A S T TNT SK YPACK A E R O SE RV I C E S IN TE RN AT IO NA L INC. N O R T H E R N A I RW AY S INC'S M A I N T . OPS S T AN DA RD AE RO W E ST ER N DIV AIR CA NA DA A I R B O R N E FR EI GH T CORP N I P P O N EX PR ES S USA INC. R A I L - B R I D G E CORP. SEINO T R A N S P O R T A T I O N CO TUYA I N TE RN AT IO NA L CORP ALL N I P P O N A I RW AY S TOURS CO. W I L L S O N FR EIGHT SERVICES AD /S AT B R I G H T S T A R C O M M U N I C A T I O N S OF AMERICA INTE RL IN K B U S I N E S S & C O M M U N I C A T I O N S SERV B O NA NZ A POWER PLANT PA NH AN DL E EA S T E R N CORP. S E AG UL L ENERGY CORP. ASEA BA BC OC K PFBC WE ST C O VI NA R E S O U R C E RE C O V E R Y CTR P H I L A D E L P H I A S U BU RB AN CORP. H O N D A ' S ACURA AU T O M O T I V E OIV. HY UN DA I M O T O R S AM ER IC A KE IH IN SEIKI MFG CO. MAZDA M O T O R S OF AM ER IC A NI S S A N D I ES EL A M ER IC A R A NG E ROVER OF NO. AM ERICA SUZUKI OF AM ER IC A TO YO TA MO T O R SALES USA INC. A P O L L O INDS. INC. LUCA S C A R E L L O L I G H T I N G INC. MI T S U B I S H I M O T O R S CORP. N A B C O USA INC. TO YO TA I N DU ST RI AL EN GI NE O P E R A T I O N S B R I D G E S T O N E USA INC SUZUKI SOGY O CORP. V O KO T S U K A M O T O S E I S A K U S H O CO B O EN P A R Q U E T F L O O R I N G H U D S O N GROUP, THE J O H N S O N GR O U P N I CH IE I A M E R I C A CORP. R O TO FR AN K OF A M E R I C A INC. B I N S W A N G E R G L A S S CO. C O A S T A L CE M E N T N I P P O N J I R Y O K U SE N K O CO. A I C PH O T O INC. ALCAN AEROSPACE A M E R I C A N AVK AM ES M A R C H PI PE MITSUI & CO (USA) INC. MI T S U I & CO. (USA) INC. O N T A R I O M E T A L SUPPLY INC. BV SIC LOCATION WE ST BU RY T E T E R8 0R 0 PH OENIX NEW YORK SEATTLE MIAMI LOS AN GELES LOS AN GE LE S G R EE N W I C H HO US TO N H O US TO N U N KN OW N PHILAD EL PH IA MARYSVILLE GA RD EN GROV E LOS AN GE LE S O R AN GE CO UNTY LA NH AM BREA T O LE DO TROY BRIDEPORT L A V E RG NE SK OKIE PORTLAND MEMPHIS LOS A N G E L E S CA RL E PLACE CLEVELAND LOS A N G E L E S BUFFALO TS FOREIGN INVESTOR TV NY NV TX NJ VT AZ NY WA FL IL CA FL NY NY CA CA CT UT TX TX OT OT OT El AM OT OT AM OT JV OT AM OT OT AM OT OT AM AM AM JV JV El OT OT OT OT OT NP OT OT El OT PE OT OT OT NP OT OT OT AM JV OT OT AM NP OT AM OT OT OT AM OT OT AM CA PA OH CA CA CA TX MD CA CA OH MI CT MI CA TN CA TX CA VA IL WA OR CA TN MA CA NY OH CA MD CA TX KY NY SWIFTSURE TNT LTD TNT LTD PROJECT BONO LTD. INNOTECH AV IATION LIMITEE FEDERAL INDUSTRIES CANADA, GOVT OF TNT LTD NI PPON EXPRESS CO. LTD. KAWASAKI KISENKAISHA LTD. TAGUCHI FAMILY DANZAS LTD ALL NIPPON AIRWAYS CO. LTD. WM. F. WI LL SO N BR OK ER AG E LTD. MAXWELL. ROBERT BRIGHT ST AR COMM UN IC AT IO NS LTD. INTERLINK B U SI NE SS & C O MM UN IC AT IO NS SERV ROYAL DU TC H SHELL GROU P ALGERIA, GOVT OF BRIERLEY, RONALD ET AL ASEA AB MITSUI E N GI NE ER IN G & SHIPBLDG CO LTD FRANCE. GOVT OF HOND A MOTO R CO. LTD. HYUNDAI MO TO RS CO LTD KEIHIN SEIKI MFG CO. LTD. MAZD A M O TO RS CO. LTD. N I SS AN MOTOR CO LTD UK, GO VT OF SUZUKI MOTO R CO. LTD. TOYOTA MOTOR CO. LTD. L E W O , JOE LUCAS INDS. P L C / CA RE LL O INDS. ITALY MI TS UB IS HI CORP. KOBE STEEL TO YO TA M O T O R S CO. LTD. B R I D G E S T O N E CORP SUZUKI SOGYO GROUP VOKO- FRANZ VO GT & CO. T S U K A M O T O SE IS A K U S H O CO LTD JOHAN G. OL S E N IN DU ST RI ES A/S BUNZL PLC N E W HO US E CO. LTD. NICHIEI CO. LTD. ROTO FRANK ACI INT'L LTD SPANISH CONSORTIUM NI P P O N J I RY OK U SENKO CO. LTD. AIC INT'L INC. A L C A N A L U M I N I U M LTD AVK SCAN WA S S G R O U P A P L I C A C I O N E S DE M E T A L S S I N T E R I Z A D O S SA H O L M E S A COURT, RO BERT MITSUI & CO. LTD. MITSUI & CO. LTD. AMARI PLC NATNALTY VALUE 10 38 664 0 3 2 15 8 4 0 \1 2 3 0 0 8 12 5 14 9 32 5 0 CA AS AS UK CA CA CA AS JA JA JA SZ JA CA UK UK SZ NL AG NZ SW JA FR JA KS JA JA JA UK JA JA CA UK JA JA JA JA JA GE JA NO UK JA JA GE AS SP JA NZ CA DA SP AS JA JA UK -74- 4511 4511 4511 4502 4582 4 5 82 4503 4712 m /12 47 12 47 12 4712 4722 4723 4 8 99 4899 4 899 4911 49 22 49 22 4 9 25 4931 4941 5 012 5012 5012 50 12 5012 5012 5 012 5012 5013 5 0 13 5013 50 13 50 13 5014 5t> 14 5021 5 0 23 5031 5031 5031 5031 5031 5 0 39 5039 5039 5043 5051 5051 5051 5051 5051 5051 5051 IN VE ST ME NT TRANSACTIONS. 1986 F O R E I G N D I R E C T I N V E S T M E N T T R A N S A C T I O N S , COMPLETE, BY SIC SIC US FI R M NA ME LOCATION TS FO RE IG N IN VESTOR 505 1 5051 5 0 63 5 0 63 5 063 5064 50 65 5065 50 65 50 65 50B1 5061 5081 5081 5081 5081 5081 5082 5 083 50 8 4 50 84 5084 50 84 5084 5 0 84 50 84 5084 5084 5084 50 86 5086 5086 50 86 5086 5088 5088 5094 50 99 5099 5099 5 0 99 5113 5113 5 1 13 5122 5 1 33 5141 5145 5 1 46 5 1 47 5 148 5149 5 1 49 51 49 5161 5161 SMS E N G I N E E R I N G INC T O L E D O D I S T R I B U T I O N INC. C O M M U N I C A T I O N CORP. OF AM E R I C A R I T T A L CORP, THE S H IN KO E L E C T R I C CO PI O N E E R INDUS. C O M P O N . INC KAGA E L E C T R O N I C S K E N W O O D USA CORP. K E N W O O D USA CORP. KRAFT D Y N A T R O N I X INC CA NO N USA F U J I T S U S Y S T E M S OF AM E R I C A G R A F T E L INC H O N E Y W E L L ” NEC S U P E R C O M P U T E R S INC INTL D I G I T A L E L E C T R O N I C S CO. K O M A T S U E L E C T R O N I C M E T A L S INC. SA VI N CORP. KOMATSU M A R U Y A M A MFG. CO. D A I T R O N INC DS A M ER IC A INC. K L O E C K N E R IONON OF AM E R I C A INC K U RO DA P R E C I S I O N IN DU S T R I E S LTD. M A K I T A USA INC. P U L L M A X INC SHIMA SEIKI USA INC SMS E N G I N E E R I N G INC T O S H I B A INTL CORP. U.S. AMAD A LTD. E N D O - L A S E INC. F A I R F A X D E N T A L INC. H E A L T H D Y N E ' S AIR S H IE LD INC. IBF B I O T E C H N I C S INC. SHEPHERD MEDICAL P R D T S . A I R B U S INDS. OF NO. A M ER IC A B E N E T E A U BOAT CO CO P A L S Y ST EM S INC. E L E C T R O N I C SP E C I A L I T Y PR O D U C T S INC. G L O C K INC. N I P P O N GAKKI CO. R O Y A L O R D I N A N C E INC. B A N C R O F T & KL EI N INC. N O L E X CORP. ZIFF CO. I N C . , THE C H A R L E S OF THE RITZ GR OU P C L A R I N O AM ER IC A CORP C O S T C O W H O L E S A L E CORP. A G R I C U L T U R A L EX PO RT S OF CALI F INC K O YO A M E R I C A CORP. ESS FOODS T A V I L L A P. CO INC B A L A N C E D FOOD S INC G R E E N M O U N T A I N H E R B S LTD. TREE OF LIFE D I S T R I B U T I O N CO A I R C O IN DU S T R I A L GA S E S A Q U A L O N GR OU P PITTSBURG PA OH TX OH CA OH NJ CA NJ WI IL OH NY MA IL CA CT FL WA OR NJ NC IL NJ TN NJ PA CA NC NY FL PA MD NC VA SC MN NV GA CA VA TX CA MA NY CA WA CA WA FL FL NJ CO FL FL DE S I EM AG W E I S S STIF TU NG S U M I T O M O CORP. FRANCE, GOVT. OF R I T T A L - W E R K RUDOLF G M B H & CO KG SH IN KO ELEC TR IC CO LTD P I ON EE R EL EC T R O N I C CORP KAGA E L E C T R O N I C S CO. LTD. T R I O - K E N W O O D CORP. T R I O - K E N W O O D CORP. P H AR OS AB CANON INC. FUJI ELEC TR IC CO. LTD. G R A F T E L LTD FRANCE, GOVT OF D I GI TA L C O MP UT ER LTD. KOMA TS U LTD. CANADA, GOVT. OF KOMATSU LTD M A RU YA MA MFG. CO. LTD. D A I T O SHOJI CO LTD D A I N IP PO N SCREEN MFG. CO. LTD. K L OE CK NE R IONON GM BH KURODA PR EC IS IO N INDUSTRIES LTD. MA KI TA EL EC TR IC WC 3K S LTD. PU LL MA X AB SHIMA SEIKI MFG LTD ET AL G U T E H O F F N U N G S H U T T E AKT (GHH) T O SHIBA CORP. AMADA CO. LTD. GERMANY, GOVT. OF FAIRFAX DE NT AL LTD V I CK ER S PLC IBF SA MEYRA W I L H E I M MEYE R & CO. B R IT IS H A E RO SP AC E PLC B E NE TE AU (CHANTIER S ) COPAL CO. LTD. LELEX SA GLOCK, GA ST ON NI PP ON GAKKI CO. LTD. R OYAL OR DI NA NC E PLC BI SC HO FF & KLEIN GM BH & CO. JAMES H A RD IE INDUSTRIES LTD. A L BE RT FISHCHER GROUP PLC, THE YVES SAINT LAURENT SA KURARY CO LTD ET AL CARR EF OU R SA DYNATEC INTL LTD DA 11 CHI CHUO KISEN KAISHA LTD. ESS-FOOD A L BE RT FISHER GR OU P P L C ,THE KONI NK LI JK E W E SS AN EN NV BRUNET, ANDRE K O NI NK LI JK E WE SS AN EN NV BOC GROUP PLC HE NK EL KGAA DALLAS LOS A N G E L E S SPRINGQORO CA R S O N MT OL IV E TSHP CHICAGO CA NT ON ELMSFORD BURLINGTON CHICAGO SAN FR A N C I S C O ST AM FO RD MIAMI TI G A R D F A IR FI EL D C H AR LO TT E CH I C A G O S. BR UN S W I C K C R AN B E R R Y PI T T S B U R G H SAN FR AN CI SC O R E S C H TRI PK NEW YORK SA LVAGE MATTHEW RESTON LAS VEGAS LOS AN GELES ALEX AN DR IA HOUSTON BUENA PARK WE ST B O YL ST ON NE W YORK SE ATTLE S E ATTLE HO LL Y W O O D MIAMI N. B E RG EN BO UL DE R ST AU GU S T I N E WILMINGTON TV OT OT El PE OT OT OT OT OT JV OT OT OT JV OT OT OT OT OT OT OT OT OT OT OT OT OT OT OT AM OT AM NP AM OT OT OT AM OT OT OT JV El AM AM OT AM NP JV OT AM AM El AM OT JA VALUE NATN AL TV GE JA FR GE JA JA JA JA JA SW JA JA UK 160 0 FR JA JA CA JA JA JA JA GE JA JA SW JA GE 2 5 JA JA 5 1 GE UK 57 0 UK FR GE UK FR 6 5 JA FR AU JA UK GE 31 0 AS 20 0 UK 630 0 FR JA 30 0 FR 90 0 JA JA OA 30 0 UK NL 0 5 CA 7 5 NL UK GE 1986 F O RE IG N DI R E C T IN VESTMENT TRANSACTIONS. SIC 5161 5161 5161 5161 5161 5161 5161 5161 5161 5161 5161 5161 5161 5161 5161 5161 5 1 72 5172 5194 5 1 99 5199 5211 5211 5211 5311 5311 5311 5311 5311 5399 53 99 5 3 99 5411 5411 5411 5462 5611 5§2t 5 5 99 561! 5611 5611 5611 5621 5621 5631 5631 5641 5651 5661 5661 5661 5681 5699 5713 5733 COMPLETE, US FIRM NAME B A YE R USA INC. B O E H R I N G E R M A N N H E I M CORP. C H I R O N ' S HS OD DIV. C I B A - G E I G Y CORP. C I B A - G E I G Y CORP. DR O M INT'L INC. G I R I N O U S CORP. KE MIRA INC. MITSUI P E T R O C H E M I C A L INDS. M O N S A N T O ' S S U L P H O N A M I D E S DIV. NA A R D E N INTL USA PA R M E D P H A R M A C E U T I C A L S SA NK YO CO. T A NA BE USA T O YO ME NK A AM E R I C A INC. UN I V A R CORP. ANR TR A N S C A N A D A ENERGY CO. M I TS UB IS HI OIL D E LA WA RE G O R D O N ' S WH LS E INC NILE S IMPORT INC. SAS D I S T R I B U T I O N & P U B L I S H I N G SERVICE B U I L D E R A M A INC. HA N D Y ANDY HOME IM PR OVEMENT CE N T E R S SC OT TY 'S INC. A L L I E D STORES CORP. D I L L A R D DEPT. STORES INC. G I MB EL S - P I T T S B U R G H O L M E S DL HORNE. JO SE PH D 'A L L A I R D 'S D 4A L L A I R D 'S D'ALLAIRD'S S H OP WE LL INC. SUPERMARKET GEN'S HOWLAND ST EN BA CH -H OC H. V I C T O R Y M A R K E T S INC. GI NZ A KI M U R A Y A B A K E R Y CORP. S A NG AT E CO RP B M W OF NO. A M ER IC A AT L A S A I R C R A F T FBO M O N S O O N SHOP O L D RI VE R O L D RI VE R PRESS, J. INC. B A N K E R N O T E INC. N E W YO RK STOC K E X C H A N G E M E M B E R S H I P CHANEL BOUTIQUE FO G A L N I C K Y W A L L I C ST OR ES B U R B E R R Y LTD. KELIAN STEPHANE BOUTIQUE MAGLI, B R U N O PR AD A B O U T I Q U E SAKS F I F T H A V E . M & H S P O R T I N G G O O D S INC. BIF RC A D I R E C T M A R K E T I N G INC. BY SIC LOCATION PI TT SB UR G e m e r y v i 'l l e A R LI NG TO N HQT A N AH EI M MO R R I S T O W N BRID GE PO RT MO RR IS TOWNSH NEW YORK WO ODCLIFF SEATTLE DE TR OI T DES M O IN ES N E W YORK S A VA NN AH C H IC AG O WINTERHAVEN N E W YORK LI TT LE ROCK N E W O R LE AN S PI T T S B U R G N E W YORK WOODBRIDGE NORWICH N E W YORK D E NV ER N E W YORK NEW HAVEN MARIETTA NEW YO RK N E W YO RK NEW YO RK NEW YORK N E W Y O RK S ALT LAKE CTY NORRISTOWN N E W YORK TS PA CT CA IL CA NJ NJ CT NY MO NJ NY NV NJ IL WA MI NY IA TN NY GA IL FL NY AK PA LA PA NY NV NY NY NJ NY CA NY NY CO TX NY CA CT GA NY NY TX NY NY NY NY NY NY UT PA NY FOREIGN INVESTOR BAYER AG BO EHRINGER M A NN HE IM GMBH PHARMACIA AB CI BA-GEIGY LTD. CIBA -G EI GY LTD. DR O. M A RT EN S & CO. GIRI ND US PH AR MACHEM1E GMBH FINLAND. GOVT OF MITSUI PETROC HE MI CA L INDS. L T O . AK ZO NV NA ARDEN INTL NV AP OT HE KE RN ES LABORA TO RI UM A/S SANKYO CO. TANABE SEIYAKU CO. LTD TOYO MENKA KAISHA LTD. PA KH OE D HO L D I N G NV BELL CANADA ENTERP RI SE S INC. MITSUBISHI OIL CO LTD RA FFINERIE TIRL EM ON TO IS E SA EL OAR E N G I NE ER IN G CO. SWEDEN. GOVT OF W A RD WHIT E GR OU P PLC GB - INNO - BM GB - I N N O - B M CAMPEAU. ROBERT V E NO EX INT'L BV BAT INDS. PLC BRIELEY, RO LAND MITSUI G R O U P LTD. MA R K S & SPENCER PLC M A RK S & SPENCER PLC M A R K S & SPENCER PLC T E N G E L M A N N GROU P B R E N N I N K M E Y E R FAMILY LNC IN DUSTRIES PTY LTD K I MU RA YA BA KE RY CO. LTD. B R I T I S H CAR AU C T I O N S GR O U P PLC B A Y E R I S C H E MO T O R E N WE RK E AG JET AV I A T I O N M O N S O O N F A SH IO NS H O L D I N G S LTD VERNIS, ED OU AR D BROS. VERNIS. E D OU AR D BROS. KA SH I Y A M A CO. LTO. CHOW, SK YA MAICHI S E C U R I T I E S CO CH A N E L FOGAL B E N E T T O N FAMILY G R E A T U N I V E R S A L STORES PLC KELIAN, S T EP HA NI E M A G L I . BR U N O PRADA, M A R I O BAT INDS. PLC DEE C O RP PLC BO R N E O M E R C A N T I L E CO'. LTD. B E R T E L S M A N N AG TY VALUE OT PE 10 AM JV OT AM OT OT AM OT El AM GE GE 3 76 SW UK BE BE 4300 10 32 74 El PE CA NL UK NZ JA UK UK UK GE NL AS JA UK GE OT AM OT OT OT AM AM AM OT OT AM OT OT OT OT AM OT AM FI JA NL NL NO JA JA JA NL CA JA BE EG El OT AM AM OT OT OT AM AM AM OT GE GE SW SW SZ JV OT OT OT OT OT OT AM OT AM OT OT NP NATNALTY SZ UK FR FR JA HK JA FR SZ IT UK FR 66 IT IT UK UK KS GE 1986 F O R E I G N D I R E C T I N V E S T M E N T T R A N S A CT IO NS , SIC US FI RM NA ME 5733 5812 5812 5812 5812 58 12 5812 5812 5812 58 12 5812 5812 58 12 58 12 5812 58 12 58 12 58 1 2 58 12 5812 5912 5941 59 44 5944 5944 59 44 59 44 59 44 59 44 59 46 59 63 5992 5992 59 99 59 99 60 RECKLESS RECORDS B E N I H A N A OF TO KY O BO M B A Y PLAC E R E S T A U R A N T INC. BRASSEIRE COUNTRY TOWERS RESTAURANTS EL PASO C A N T I N A S F L A G S H I P INT'L H A R D E E 'S FO O D S Y ST EM S INC. HOT SAM C O M P A N I E S INC. H O U S E FO O D S & YA MAUCHI INC. JA P A N E S E R E S T A U R A N T S KYOTARU RESTAURANT KY O T A R U WA IKIKI LACHEMINEE RESTAURANT LE B E N A R D I N M A K A H A V A L L E Y C O U N T R Y CLUB M I C H E L ' S B A G U E T T E INC. P R U F R O C K R E S T A U R A N T S INC. RA N G E T S U OF TO K Y O SPENCERCLIFF RESTAURANTS B U D ' S D E EP D I SC OU NT D R UG STORE H E R M A N ' S SP O R T I N G GO O D S INC. C I RO INC. ENGLISH HERITAGE KAY CORP KING OF SH E F F I E L D M E R K S A M E R JE W E L E R S RO BI NS ON , JB J E W E L E R S INC. ZALE CORP. F O TO MA T CORP. POLA INT'L INC. LE FLEUR DE MA X I M S MAXIM'S ASHLEY, LAURA C O M P U T O N E S Y ST EM S INC. BA NK OF C A L I F O R N I A NV TRUST CO CH E M I C A L BA NK CO P E N H A G E N H A N D E L S BANK DAIW A S E C U R I T I E S TRUS T CO. FIRST C O L O N I A L BANK FIRS T P E N N S Y L V S A N I A CORP G L O B A L UN IO N BA N K ' S 2 NY B R A N CH ES I S T IT UT O B A N C A R I O SAO PAOL O DI TORINO LJ U B L J A N S K A BA NK A A S S O C I A T E D BANK MI T S U B I S H I TRUST & B A N K I N G CORP. SANW A BA NK TA I Y O KOBE BANK TOKAI BANK OF C A L I F O R N I A U N I T E D BANK U N I V E R S A L SA VI NG S BANK BA N Q U E W O R M S CA P I T A L CORP BAY F I N A N C I A L CORP N E W L O ND ON TRUST CO, THE TOKAI BANK, LTD. TR A D I T I O N N O R T H AM ER IC A INC W E S T C H E S T E R F I N A N C I A L SE RVICES CORP 60 db 60 60 60 60 60 60 60 60 60 60 60 602 61 61 61 61 61 61 COMPLETE, * BV SIC L O CA TI ON NE W YORK A T LA NT A ARLINGTON ROCK Y MO UN T N E W YORK DA L L A S CA RT ER ET NE W YORK A L EX AN DR IA N E W YORK CL E V E L A N D DA LL AS ST P E T E R S B U R G CARLSON NE W YORK AT LA NT A NEW YORK NEW YORK NEW YORK JERSEY CITY CH IC AG O N E W YORK NEW YORK NEW YORK NEW YO RK BO ST ON CHICAGO LOS AN GE LE S SAN F R A N C I S C O LOS ANGELES NE W YORK BO ST ON NEW LONDON LEXI NG TO N LOS AN GE LE S TS FORE IG N INVESTOR CA OR NY GA FL CA TX NC FL CA CA CA HA CA NY HA MD TX FL HA VA NJ NV TX VA NY CA OH TX FL CA NY NY NC GA NY NY NY NJ IL PA NY NY NV NY MA IL CA CA CA NY MA NH KY CA NY TAYLER, CH AR LE S AOKI, KATSU CHATWAL, SANT SINGH STARR, RINGO TA YL OR W O O D R O W PLC K Y OT AR U CO. LTD. CANADA, GO V' T OF BAT INDS. PLC ROWNTREE MACKINTOSH HO US E FOOD IND. CO. LTD JA PA NE SE O V E R S E A S INVE ST ME NT CORP. KY OT AR U CO. LTD. KYOT AR U CO. LTD. SO NO TE L INC. LE COZE, G I LB ER T & MAGUV M ATSUURA, HITOSHI G R A N D M O UL IN S DE PARIS U N IG AT E PLC GINZ A RA N- GE TS U LTD. NI TT AK U EN TE R P R I S E CO. LTD. BAT INDU ST RI ES PLC DEE CORP. PLC, THE GOLD, A B RA HA M EN GL IS H - HE R I T A G E V A N EKRIS, A N TH ON IE C. MACLEAN, CH RI ST OP HE R H O OK ER CORP. STAHEL, O L IV ER MA RT IN BETRAND, MA RV IN & GAIL GERS TE IN KO NI S H I R O K U PHOTO IND. CO. LTD POLA CO SMETICS INT'L CARDIN, PIERRE CARDIN, PIERRE ASHLEY, LAURA FORMAT INTL MI TSUBISHI BANK LTD BANK OF CHINA, ET. AL. C O PE NH AG EN HA ND EL S BANK DAIWA BANK, LTD. F O X - P I T T ,K E L T O N , NV HO NG KONG & SHANGHAI BANKING HONG KONG & SHANGHAI BA NKING CORP I ST ITUTO BA NC AR IO SAO PAOLO DI TORINO LJ UB LJ AN SK A BANKA ASSO CI AT ED BANK MITSUBISHI TRUST & BA NKING CORP. SANWA BANK TAIYO KOBE BANK LTD TOKAI BANK. LTD FIRST PACIFIC HOLDINGS, LTD. UNITY C O R P . , LTD. BA NQ UE WORMS COUNTRY AND NEW TOWN PROPERTIES SUN LIFE ASSU RA NC E CO OF CANAOA TOKAI BANK, L T O . TR AD IT IO N GROUP, THE HO NG KONG & SHANGHAI BANK TV OT OT AM OT AM OT AM PE AM OT OT OT OT AM OT PE AM AM OT AM OT AM AM OT AM OT AM AM El El OT OT OT OT AM AM JV OT OT AM AM AM OT OT OT OT OT OT AM AM OT AM AM OT OT AM VALUE 1 2 2 0 125 0 8 0 20 0 0 4 0 4 1 0 45 0 2 9 410 0 550 0 16 3 0 6 3 5 1 1 11 0 20 0 15 0 10 2 NA TN AL TY UK JA CA UK UK JA CA UK UK JA JA JA JA FR FR JA FR UK JA JA UK UK CA UK NL UK AS SZ CA JA JA FR FR UK UK JA HK DA JA NA HK HK IT VO JA JA JA JA HK AS FR UK CA JA UK HK 1986 F O RE IG N D I RE CT SIC 62 62 62 62 62 62 62 621 1 621 1 628 63 63 63 6531 6531 6531 6531 67 67 671 1 671 1 7011 701 1 701 1 701 1 701 1 701 1 701 1 701 1 701 1 701 1 701 1 701 1 701 1 7011 701 1 7*01 1 701 1 701 1 701 1 7011 701 1 701 1 701 1 7011 701 1 701 1 701 1 7213 7213 7299 731 1 731 1 7311 731 \ 731 1 INVE ST ME NT TRANSA CT IO NS . COMPLETE. US F I R M NA ME A U B R E Y G. LA NS TO N & CO CA P I T A L CO M M O D I T Y D E AL ER S (USA) INC. C O UN TY SE C U R I T I E S CORP USA DA IWA SE CU R I T I E S A M ER IC A INC. D A NZ AR I N VE ST ME NT GR OU P F G R S T M A N N - L E F F ASSOC. GOLDMAN. SACHS & CO LO ND ON & C O N T I N E N T A L BANKERS, LTD. MOSELEY, HALLGA RT EN . E S T A BR OO K & W E E D E N B U Y P A S S THE SYSTEM, INC. EMETT & C H AN DL ER COS, INC. J A CK SO N NATL. LIFE IN SU RA NC E CO. W E S T E R N STATES LIFE INSURANCE CO. E A ST DI L RE A L T Y INC F R ED E R I C K ROSS CO. M A T S U S H I T A INVEST & DEV CO M E R R I L L LYNC H COMM. REAL ESTATE CO NATL B A N C S H A R E S CO R P OF TE XA S W A S H I N G T O N BANK CO RP O R A T I O N KAN AM U.S. W E P C O H O L D I N G CO INC (WESTPAC POLLOCK) A L A D D I N HO TE L AL AM O A N A A M E R I C A N A C . I T O H / H O L I D A Y INNS JOINT V E NT UR E G O V E R N O R S CO U R T HO TE L G R A N D HO TE L H A W A I I A N RE G E N T HO TE L HO T E L HO TE L C H A R L O T T E HOTEL NASHVILLE H O T E L SOFI TEL H O T E L SOFITEL H Y A T T R E G E N C Y WA IKIKI IM PE RI AL 400 H O T E L S K E A U H O U B E A C H HO TE L KONA L A G O O N HO T E L KONA SURF HOTEL MAUI H Y A T T R E G E N C Y H O T E L MAUI M A R R I O T T MOTEL OAKLAND HYATT REGENCY Q U E E N K A PI OL AN I HO TE L R E L A X INN S H E R R Y W A IK IK I H O T E L T R A V E L O D G E INTNTL INC W A I K I K I PARC HO T E L WAIKOLA HOTEL W E S T I N HOTEL A M E R I C A S E RV IC E CORP. S P A L D I N G S E R V I C E S INC. N A T L SRV IN D' S F U R N I T U R E L E A S I N G UN IT ALLEN & DORWARD ADVERTISING A L LY & G A R G A N O INC. B A C K E R 8. S P I E L V O G E L D A N C E R - F I T Z G E R A L D - S A M P L E H O L D I N G S INC. D E L L A F E R M I N A T R A V I S A N O & PA RT NE R BY SIC LO CA TI ON TS FOREIGN INVESTOR TY NEW YORK CH IC AG O NEW YORK NEW YORK DA LL AS NEW YORK NE W YORK NEW YORK BOSTON ATLANTA SAN FR AN CI SC O L A NS IN G FARGO N E W YORK DENVER SECAUCUS STAM FO RD HO US TO N WA S H I N G T O N AT LA NT A N E W YORK LAS VEGAS WAIKIKI LOS AN GE LE S D ENVER WASHINGTON WAIKIKI TU SC ON C H AR LO TT E NA SH V I L L E CH IC AG O MIAMI WAIKIKI ARLINGTON WAIKIKI WA I KIKI NY IL NY NY TX NY NY NY MA GA CA MI ND NY CO NJ CT TX DC GA NY NV HA CA CO DC HA AZ NC KY IL FL HA VA HA HA HA HA HA WA CA HA CO HA CA HA HA INDUSTRIAL BANK OF JAPAN CA PI TA L COMMODITY DEALERS, LTD. NATL WEST MI NS TE R BANK PLC DAIWA SECURITIES W E T T R E I C H , SAMUEL G U IN NE SS PEAT GROUP, THE SUMITOMO BANK LTD, THE LONDON & CO NT IN EN TA L BANKERS. LTD. KASSEM. OMAR, E T . AL. NA TI ON AL BUSINESS SYSTEMS, INC., E T . AL. JAROINE M A TH ES ON HOLDINGS, LTD. PR UD EN TI AL CORP. PLC M U TU AL LIFE OF CANADA NOMURA SECURITIES CO P & 0 STEAM NA VI GA TI ON CO. M A TS US HI TA KOSAN CO LTD HO OK ER CORP LYD FAYED M A. .FAYED M . .F AY ED S. W A S H I N G T O N NATL H O L D IN GD NV KAN AM INTNTL W E S T P A C BA NKING CORP YASUDA. GINJA AZ AB U JIDOSHA CORP C. ITOH & CO LTD CHIU FAMILY CROWN HO TE L CORP O S A K AT AK A INC N E ST LE SA HEST A GROUP N E ST LE SA NO VO TE L G R OU P ACCOR GR OU P AZAB U JI DOSHA CORP IN TE RP AR T SA O T OK AK A INC AZABU JO SH IO A CORP OT AK A INC KOKUSAI JIDOSHA AZ AB U JIDOSHA CIOR KWAK FAMILY CHAN, C.F. SOGY O CO. LTD. R E L A X D E V E L O P M E N T CORP. L T O . G E NICHI SU GI YA MA T R U S T H O U S E FORTE PLC MITSUI REAL ES TS TE DEV CO KUMAGAI GUMI CO. LTD. KUMAGAI GUMI M E R C U R Y S E C U R I T I E S PLC BR I T I S H EL E C T R I C T R A C TI ON PLC NV AM EV M O JO LTD. DA I- 1 CHI KI KA KU SAATCHI B R OT HE RS SAATCHI BROS. W C R S H O L D I N G S PLC OT OT OT AM AM AM OT AM AM AM AM AM AM AM OT AM AM AM OT AM AM AM JV AM RE AM RE AM RE RE RE AM AM AM AM AM AM AM AM RE AM RE AM AM RE OT RE AM AM AM AM AM AM AM AM MAUI MAUI OL Y M P I A OAKLAND WA IKIKI DENVER WA IK IK I EL C O HA JO N WA IK IK I MAUI INDIANPOLI S MIAMI LOUISVILLE ATLANTA SAN F R A N C I S C O N E W YORK NE W YO RK LE X I N G T O N N E W YORK IN FL KY GA CA NY NY TX NY VALUE NATNALTY 234.0 JA UK UK JA UK UK JA UK EG CA HK UK CA JA UK JA AS EG NA GE AS JA JA JA HK SZ JA SZ SZ CA FR FR JA LU JA JA JA JA JA KS HK JA CA JA UK JA JA JA UK UK NL AS JA UK UK UK 20.0 0. 1 100. 0 . 5.0 65.0 608.0 54.0 5C .0 . . 13 . 5 54! 0 217.7 60.0 6.6 69.9 35.0 245.0 27.5 10.0 319.0 150. 0 23.0 18.7 7.5 5.5 77.4 200.0 59.5 9.8 8.5 19.3 4.4 50.0 . 65. 0 1986 F O R E I G N D I R E C T * I N V E S T M E N T T R A N S A C T I O N S , C O M P L E T E , BY SIC * * **** **** *** **** **** *** **** *** **** **** *** **** **** *** **** SIC US F I RM NAME LOCATION TS F O RE IG N INVESTOR 731 1 731 1 731 1 7311 731 1 73 1 1 731 1 7349 7361 7361 7362 7372 7372 7372 7372 7372 7372 7 372 7372 73 72 7372 7374 7379 7391 7391 7391 7391 7391 7391 7391 7391 7391 7391 7391 7391 7.391 7392 7392 7392 7392 7392 7392 7392 7392 7392 7392 7392 7392 7392 7392 7392 7393 7394 7394 7399 7399 D R Y N E W YO RK H B M C R E A M E R INC. HCM/SPECIAL MARKETS H E N R Y J. K A U F M A N ASSOCS. INC. O ' BR IE N, O ' R E I L L Y C L O W / R S C G PACE A D V E R T I S I N G A G E N C Y T E B B A T E S W O R L D W I D E INC. MACKE BUILDING SERVICES P O S I T I O N S INC. T E M P O R A R I E S INC. AD IA S E R V I C E S B O S T O N S O F T W A R E P U B L I S H E R S INC. CAMBRIDGE SYSTEMS K N O W L E D G E B A S E D T E C H N O L O G I E S INC KONAMI INC. L A S E R DI S C CORP. M A N I F A X INC. M O O G - L O T U S S Y S T E M S INC. O P US INC P I T T S B U R G C L A S S W O R K S INC SKK INC. AUTO. DA TA P R O C E S S I N G ' S BA NK SVC C A P I T A L S Y ST EM S INC. A N A T E C LABS INC A R I Z O N A T E ST C E NT ER INC. CHI RON/Cl BA GEIGY CI B A - G E I G Y A U TO A D H E S I V E CE NTER C I B A - G E I G Y CORP. O U P O N T DE NE M O U R S a CO., E.I. E L E C T R O - N U C L E O N I C S INC. FO O T H I L L R E S E A R C H INC. GLOBAL CLINICAL PHARMACOLOGY LA SE R FOR M E D I C I N E INC. N I S S A N D E S I G N INTL ST UD IO S U BA RU R E S E A R C H & D E SI GN (SRD) TO Y O TA NS O CO AGB T E L E V I S I O N R E S E A R C H OF LONDON B R U S K I N ASSOCI AT ES . R. H. B U S I N E S S R E S E A R C H CORP. CHINA/TECH CLANCY, SH UL MA N & ASSOCS. FRIEOMAN, W A LT ER F R ED RI CK & CO INC. G L A X O INC. IDEA BANK CO. K E T C H U M PUBLIC R E L A T I O N S I N TE RN AT IO NA L MA ZD A M O T O R CORP. N A F E D INDO NE SI AN PA VI L L I O N PR O G N O S RA N D PUBLIC R E L A T I O N S INC. NEW YORK NE W YORK N E W YORK WA S H I N G T O N N E W Y O RK NE W YORK NE W YO RK WASHINGTON B O ST ON WASHINGTON M E N L O PARK BO S T O N SANTA CLARA CORAOPOLIS RO LL IN G MD WS NY NY NY DC NY NY NY DC MA DC CA MA CA PA IL NJ NY NJ PA PA IL NJ VA CA AZ CA MI NC MI NJ CA TN NY CA CA IL MD NJ NY GA CT NJ NC CA CA CA NY CA NY NY CT PA OR NC TX NJ D E NT SU INC. W C RS G R O U P PLC FRANCE, GO V ' T OF S H A N DW IC K PLC ROUX, SE GU EL A CUYZAC & G O UD AR D WPP GR O U P LTD. SAATCHI BROS ISS - INT'L SE RVICE SYSTEM A/S B L UE A R R O W PLC BLUE A R R O W PLC P E S T A L O Z Z I , M A RT IN 0. E S SE LT E AB HAEFNER, WA LT ER U N I S O N PLC KONAMI LTD. PION EE R EL EC TR ON IC CORP. C ITOH & CO. LTD G R O U P LOTUS PLC UN IS ON PLC UN IS ON PLC HAEFNER, WA LT ER ING. C. OLIVETTI & CO SPA SHL SY S T E M S H O U S E INC. O C E A N T R AN SP OR T TR A D I N G PLC NI SS AN MOTOR CO. LTD. CIBA GEIGY AG C I B A -G EI GY LTD. C I BA -G EI GY LTD. BR ON FM AN FAMILY P H ARMACIA AB CO MP UT ER SOFTWARE OR GA N I Z A T I O N INSTITUTE OF CLINICAL PHAR MA CO LO GY PILK IN GT ON BROS. PLC NI SS AN MOTOR CO. LTD. FUJI HEAV Y INDS. LTD. TOYO TANSO CO LTD AGB R E SE AR CH PLC ASSOC. NE WSPAPER HO LD IN GS PLC THOMSON, KE NNETH R. CHINA ASSOC. OF SCIENCE & TE CH NO LO GY SAATCHI BR OT HE RS KOM INT'L GLAX O H O LD IN GS PLC IDEA BANK CO LTD. LOPEX PLC MAZDA MOTOR CORP. INDONESIA, GOVT OF SCHW EI ZE RI SC HE BANKGESE LL SC HA FT SHANDWICK PLC SHINNIHON KOHAN CO. LTD. SAATCHI BROS. IN SPECTORATE INT'L SA BELZ BE RG FAMILY WRECK AIR LTD. MINOLTA CAMERA CO. LTD. JARDINE M A TH ES ON & CO. LTD. S H I N N 1HON KOHAN YS & W / C H P I T T S B U R G T E S T I N G LAB IN DU ST RI AL LE A S I N G CORP. RE N T A L TOOL CO. INC. CO M G R A P H I X INC. JA RD IN E M A R K E T I N G SE RV IC ES PI TT S B U R G PI TT S B U R G CH IC AG O RO SE L A N D ALEXANDRIA SANTA ROSA E M ER YV IL LE RE S C H TRI PK FA I R F I E L D BE LMONT N A SH VI LL E H A UU PP E GA RD EN G R OV E NEW BR UN SW IC K NEW YOf^K WE ST PORT RESC H TRI PK SAN JOSE NEW YORK ME N L O PARK NEW YORK NEW YORK PI TT S B U R G PO RT LA ND KI NSTON HO BO KE N TY El AM OT AM OT AM AM AM AM AM AM AM AM AM NP OT JV JV AM AM AM AM AM AM NP JV NP PE NP AM AM JV El OT OT OT OT AM AM JV AM AM PE OT JV NP OT OT AM OT PE AM AM AM PE OT VALUE 50 0 8 2 10 0 450 0 12 6 16 2 4 0 25 0 3 0 5 1 0 6 2 0 17 NATNALTY JA UK FR UK FR UK UK DA UK UK SZ SW SZ UK JA JA JA UK UK UK SZ IT CA UK JA SZ SZ SZ CA SW JA El UK JA JA JA UK UK CA CH UK CA UK JA UK 2 25 0 JA ID SZ UK JA UK SZ CA AS JA HK I s£> I 1986 F O RE IG N DI RE CT SIC 7399 7399 7399 7399 7512 7512 7513 7531 7535 7699 7699 7613 7614 7019 7619 7632 7832 7832 7832 7835 7997 7999 8051 8071 8081 8081 8081 8091 8091 8111 8221 8221 861 1 861 1 891 1 8911 d9 1 1 891 1 891 1 691 1 891 1 901 1 961 1 INVE ST ME NT TRANSACTIONS. COMPLETE. BY SIC US F I RM NAME K N OC KN ER C O NT RA CT P A C K A G I N G INC PR O T O C O L M E S S A G E M A N A G E M E N T CTS INC. SA BA RU OF AM ER IC A INC. V O I C E M A I L INT'L INC. G E N W A Y CORP. HE RT Z CAR L E AS IN G DIV. C H A N C E L L O R CORP. U N I T E D PRESS INT'L TR IN IT Y IN DUSTRIAL CO RP A E R O S E R V INTL INC'S AS SE TS DECAIR CORP. U N I V E R S A L STUDIOS FLORIDA ABEL. RO BE RT & A S SO CS C O M P L E T E POST P R O D U C T I O N & POST PARTNER OP TI M A G E I N TE RA CT IV E SE RVICES CO. N E I G H B O R H O O D TH E A T E R S INC. PLITT PR E S I D I O SQUARE SIX CINEMAS RK O - CENT UR Y W A RN ER T H E A T E R S INC. S P EC TU M T H E A TE RS CI NE MA C E NT ER S CORP. MILIANI GOLF COURSE A T HE NA INTL CO N C O R D I A OF BELL A VISTA NMR C E NT ER S INC. CA PI TA L CARE CORP. IVF A U S T R A L I A USA L I F E T I M E CORP B I O L O G I C A L C O N S U L T A N T S INC. SU PE RI OR CARE INC. ALLEN & ALLEN HEMSLEY CHURCH UNIVERSAL & TRIUMPHANT LEO FLEUR H O N G KONG IND. P R O M O T I O N A L O F FF IC E N A A C - N O R W E I G A N C H AM BE R OF CO M M E R C E B E T H L E H E M INT'L E N G I N E E R I N G CORP. C O M S T O C K G R O U P INC. KM E N G I N E E R I N G CO LTD. KO BE D E V E L O P M E N T CORP. P E A B O D Y P R OC ES S S Y ST EM S INC. T E C H N I C A L DA TA CO RP W E I N S C H E L E N G I N E E R I N G CO. B A H A M A S A G R I C U L T U R A L & I N DU ST RI AL CORP. GR E N A D A I N V E S T M E N T P R O M O T I O N SERVICE LO CA TI ON W A SH IN GT ON PE NN SA UK EN SANTA CLARA CH IC AG O BO ST ON NEW YORK GE OR G E T O W N SPRING VA LL EY LOS A N GE LE S CH IC AG O RICH MO ND NEW YO RK AT LA NT A BO ST ON HO N O L U L U BELLA VISTA N E WP OR T BCH HO R S H A M PORT CHESTER NE W YORK BIRMINGHAM G R E A T NE CK LOS A N G E L E S NE W YORK DANBURY EMERYVILLE GAITHERSBURG N E W YORK TS FOREIGN INVESTOR TY VA DC NJ CA IL NY MA NY KY FL NY FL CA CA IL VA TX NY GA MA HA MA AK CA PA NY NY AL NY NY CA NY NY CA PA CT HA NC CT CA MD NY NY KN OC KN ER -W ER KE AG BELL CANADA EN TERPRISES FUJI HEAVY INDUSTRIES LTD. ITALY, GOV'T OF ORAYCOTT, DEREK W. ORIENT LEASING CO. L T O . BELL CANADA EN TE RPRISES INC. RANA, MARI O VAZQUEZ TRINITY INDUSTRIAL CORP FFV FORETAGEN AB HER S A V , RONALD DRAB I N S K Y , GARTH & BRONFMAN FAMILY OM NIBUS COMPUTER GR AP HI CS INC. BAT INDS. PLC PHILIPS G L OE IL AM PE NF AB RI EKE N NV DRABINSKY, GART H & BRONFMAN FAMILY BR ONFMAN FAMILY D R AB IN SK Y' S GARTH; BR ON FM AN FAMILY DRABINSKY, G A R T H & BR ON FM AN FAMILY HO YT S CORP. PTY LTD. SPORTS SHINKO CO. LTD. AT HE N INTL CR O W N X INC. RAMSDEN, TERRY KHALIFA. DR. RIDA H., ET AL AU S T R A L I A N INVESTORS RA MS DE N TE RE NC E P., ET AL AGRA INDUSTRIES LTD. KHAIFA, DR. RIDA H., ET AL ALLEN & ALLEN H E MS LE Y SOKA GAKKAI INT'L PE AR SO N PLC H O NG KONG, GOVT OF NORWEIGAN c h a m b e r o f c o m m e r c e H O L M E S A COURT, RO BE RT SC HN EI DE R SA KM EN G I N E E R I N G CO LTD. KOBE STEEL LTD ASEA AB THOMSON, KE N N E T H R. LUCAS INDU ST RI ES PLC BAHAMAS, GOVT OF GRENADA, GOVT OF NP OT OT AM AM AM AM AM NP AM El JV AM AM JV AM OT AM AM AM AM OT AM AM AM OT AM AM AM OT AM AM OT OT AM AM OT OT AM AM AM OT OT VALUE 10.4 NATNALTY GE CA JA IT 4!o UK JA 2.4 10.0 CA 36.9 MX JA SW SO CA 65.0 CA 12.2 UK NL 10! 5 CA CA CA 69.5 CA 3.9 AS 16.0 JA UK • CA 6.4 UK 5.0 SA 0.5 AS • UK . CA SA 30.0 AS • JA 15.5 UK • HK NO • AS . FR JA • JA SW • CA UK 10.4 BF GJ APPENDIX B LIST OF INVESTMENT TRANSACTIONS by SOURCE COUNTRY 1986 F O R E I G N DI R E C T I N V E ST ME NT TR AN SA CT IO NS , NA AG AS AS AS AS AS AS AS AS AS AS AS AS AS AS AS AS AS AS AS AS AS AS AS AS AS AS AS AS AS AS AS AS AS AS AS A3 AS AS AS AU BA BD BD BD BD BD BE BE BE BE BE BE BE BE BE COMPLETED, BV COUNTRY US FI R M NAME P A N H A N D L E E A ST ER N CORP. A I R B O R N E FR EI GH T CORP A L L E N & ALLE N HE M S L E Y AL LE N & D O R W A R D A D V E R T I S I N G A V AL ON CORP. BAY V I EW H I L L S B E T H L E H E M I N T 'L E N G I N E E R I N G CORP. B I N S W A N G E R G L A S S CO. BR U S H CREEK MIN & DE V - C O N S O L GO LD M I NI NG CI N E B O O K S INC. CI NE MA C E NT ER S CORP. EGRET EN ER GY CORP. E X P L O R A T I O N CO., THE H E N L E Y GP 'S SODA ASH O P E R A T I O N S IVF A U S T R A L I A USA K. H. INDUST RI ES KD1 CORP. LO AD INC. M A C Y S SH OP P I N G C E NT ER S (3) M A R C H PIPE M C K E E IN DUSTRIES INC. M E R K S A M E R JEWELERS M E RR IL L LY NC H COMM. REAL ESTATE CO NA B I S C O ' S FL EI S C H M A N N YEAST NO LE X CORP. OMEGA META L BL DG P R O D UC TS INC P I T T S B U R G H B R E W I N G CO. R E NT AL TOOL CO. INC. TNT M A I L F A S T TNT PILOT TNT SK YPACK TR IT ON EN ER GY CORP TR IT ON EN ER GY CORP. U N I V E R S A L SAVI NG S BANK V A L A S S I S INSERTS INC V A L L C O F A SH IO N PARK V I C T O R Y M A R K E T S INC. W E P C O H O L D I N G CO INC (WESTPAC POLLOCK) W O O D B I N E P E T R O L E U M INC. W O R L D W I D E E N ER GY CORP G L O C K INC. D E L L W O O D FOOD S INC. A S T E C IN DU ST RE S INC E V A N S & S U T H E R L A N D C O M P U T E R CORP. PORT D E N I S O N R A D I A T I O N S Y ST EM S INC. V A L M O N T I N D U S T R I E S INC A N D E A N LINE INC. C O M P U T E R IN DE NT IC S CORP. FESTIVAL MARKETPLACE G O R D O N ' S W H L S E INC H A N D Y ANDY HO ME I M P R O V E M E N T C E N T E R S R E 1 D - R O W E L L INC. SA B E N A B E L G I U M W O R L D A I R L I N E S S A L S B U R Y LABS. S C O T T Y ' S INC. LO CATION TS SIC FOREIGN INVESTOR TY HO US TO N SEATTLE TX WA NY CA NY MD PA TN CA IL MA TX TX WY NY CA OH NY NY CA IL CA CT CA CA TX PA NC NV NC TX TX TX CA MI CA NY NV TX CO GA NY TN UT FL VA NE NY MA TX IA IL GA NV IA FL 4922 4712 8111 731 1 1382 *** ♦ 091 1 5039 1041 2731 7035 1382 131 1 1474 8081 2661 3949 451 1 * ♦* + 5051 3442 5944 653 1 2099 5113 3441 2082 7394 451 1 4214 451 1 131 1 1311 602 2752 **** 54 1 1 671 1 1311 1311 5099 2026 353 1 3573 4463 3662 3532 44 1 1 3573 **** 5194 521 1 2834 451 1 2831 52 1 1 ALGERIA. GOVT OF TNT LTD " ALLEN & ALLEN HEMSLEY M O JO LTD. MOONIE OIL C O . . THE ClTISTATE CORP HOLMES A COURT. ROBERT ACI INT'L LTD CO NS OL ID AT ED GOLD M I NI NG AREAS NL MC PH ER SO N' S LTD. HOYTS CORP. PTY LTD. DAVIS. ANDREW A. WE ST ER N M I NI NG CORP. HO LDINGS LTD. A U ST RA LI AN CO NS OL ID AT ED INDS LTO A U ST RA LI AN INVESTORS K. H. INDUSTRIES ARIADNE AUSTRALIA LTD. LOAD INC. WE ST FI EL D HOLD IN GS INC LTD HOLMES A COURT. ROBERT CLYDE INDUSTRIES LTD. HOOKER CORP. HOOKER CORP LYD BURNS. PHILIP & CO. LTD. JAMES HA RD IE INDUSTRIES LTD. HO LM ES A COURT. ROBERT BOND CORP. H O L D IN GS LTO. WREC K AIR LTD. TNT LTD TNT LTD TNT LTD YUNGHANNS, P.N. C L AR EM ON T P E TR OL EU M N.L. UNITY C O R P . , LTD. PACKER. KERRY W E S T F I E L D HO LD I N G S LTD. LNC INDUSTRIES PTY LTD W E S T P A C B A NK IN G CORP MO AG E LTD. C L AR EM ON T PE TR O L E U M NL GLOCK, GA ST ON ARAB IA N IN VESTMENT B A NK IN G CORP. O C E A N I C TRUST NE W M A R K E T CO. LTD. P . D . H O L D I N G S INC FI D E L I T Y INTL LTD. FIDE LI TY INTL LTD ET AL DENS GROUP B E KA ER T NV SA U N I D E N T I F I E D INVESTORS R A F F I N E R I E T I R L E M O N T O I S E SA GB - INNO - BM SOLVAY & CIE BELGIUM. GOVT OF SOLVAY & CIE SA GB-INNO-BM AM AM OT AM El RE AM AM JV AM AM El AM AM OT NP AM OT RE AM AM AM AM AM EI AM El AM OT OT OT El EI AM AM RE AM AM AM AM OT AM AM AM AM AM AM OT El RE AM OT AM OT PE El SAN FR AN CI SC O NEW YORK CALVERT CO M E MP HI S CH ICAGO BOSTON HOUSTON SAN ANTONIO PORT CHESTER CINCINNATI LOS ANGELES AURORA STAMFORD OA KL AN D BUENA PARK IRVING PI T T S B U R G H KINSTON WESTBURY WINSTON-SALEM DA LLAS DA LL AS LOS A N GE LE S FA RM I N G T O N HI CUPERTINO NO R W I C H NEW YOJ*K DA LL AS DE NV ER YO NK ER S CHATTANOOGA LAKE CITY S T E R LI NG VA L L E Y CA NT ON DA L L A S DES M O I N E S CH I C A G O A T LA NT A MANHASSET C H AR LE S CITY WINTERHAVEN VALUE 30. 1 0. 1 4.9 100.0 363! 5 130. 0 31.0 27.0 40.0 9 !6 10^2 78.0 74 . 0 9.4 51.0 1 .9 5.9 2.0 333. 3 117.5 3.0 1986 F O R E I G N D I R E C T INVESTMENT TRANSACTIONS, W I L L I A M S EXPL. CO. O I L / G A S PROPS. B A H A M A S A G R I C U L T U R A L & I N D U S T R I A L CORP. ABEL, R O B E R T & A S S O C S A E R O N C A INC. AIR C A N A D A ALCAN AEROSPACE A L L I E D S T OR ES CORP. A M E R I C A N C R I T I C A L CA RE ANR T R A N S C A N A D A EN E R G Y CO. A P O L L O INOS. INC. A R M S T R O N G P U M P S INC. A R N O L D M A N U F A C T U R I N G CO. A T L A N T I C P R O C E S S I N G MFG. F A C I L I T I E S A T L A S IRON W O R K S INC'S AS S E T S B I O L O G I C A L C O N S U L T A N T S INC. B O M B A Y PLAC E R E S T A U R A N T INC. B U S I N E S S R E S E A R C H CORP. B U Y P A S S THE SYSTEM, INC. C A D I L L A C F A I R V I E W I N D U S T R I A L DEV. CO. C A P I T A L S Y ST EM S INC. CA RD T E C H N O L O G Y INC. C A S C A D E S INC C H A N C E L L O R CORP. C H A R D O N O L CORP. CI R O INC. CI VE S STEEL CO C O L U M B I A DATA PR O D U C T S INC. C O N C O R D I A OF BE LL A VI ST A C O N T I N E N T A L P A CI FI C CORP. C O N V E N I E N C E STORE M E R C H A N D I S E R C O RD UR A CORP. C U MB ER LA ND , M A R Y L A N D T I M E S / N E W S CY B E R D I S K DANDI BL DG SY ST EM S DEAR PUB. & RA DI O INC.'S P U B L I C A T I O N S DE NEMOURS, E I DUPONT & CO. DU PO NT CO D U PO NT DE N E M O U R S & CO., E.I. DUPONT, EI CO F L A G S H I P INT'L FORD MOTOR CO PAINT DIV FRIEDMAN, W A LT ER FR E D R I C K & CO INC. G E O R E S O U R C E S INC. G O V E R N M E N T CENTER G R E E N M O U N T A I N HE RB S LTD. H.H. R O B E R T S O N CO. HA NN A M I N I N G CO. LTD. H E A L T H - M O R INC. HO M E FE D E R A L TOWER HO T E L N A S H V I L L E I N DU ST RI AL L E A S I N G CORP. INLAND STEEL COAL CO KCR T E C H N O L O G Y INC LABEL ART INC LAKE STATES T R A N S P O R T A T I O N LAND BY C O U N T R Y LOCATION LOS A N G E L E S CHARLOTTE NE W YORK CLEVELAND NE W YORK WAUKAGEN DETROIT TO L E D O N. T O N A W A N D A AL L E N T O W N BIRMINGHAM N E W YORK NE W YORK AT LA NT A LOS A N G E L E S ALEXANDRIA SA DD L E B R O O K B O ST ON HOUSTON NE W YORK CO N K L I N CO LU MB IA BELLA VISTA NE W YORK LOS AN GE LE S CU MB E R L A N D AN A H E I M W. BE AV ER DAM WILMINGTON R E S E A R C H PK ARLINGTON WILLISTON N E W HAVE N BO UL DE R PI TT SB UR GH CL EV EL AN D LO MBARD PHOENIX N A SH VI LL E PORT LA ND CH IC AG O E. HA R T F O R D WI L T O N MI NN E A P O L I S MESA TS SIC FO R E I G N INVESTOR LA NY CA NC NY OH NY IL MI OH NY KY PA OR AL NY NY GA CA VA NJ NY MA TX NV NY MD AK CA NY CA MD CA KY MO DE TN MI NC TX NY NJ ND CT CO PA OH IL AZ KY OR IL CT NH MN CA 1311 961 1 7814 3720 4583 5051 531 1 2034 5172 5013 3561 2531 2026 3312 0091 5812 7392 628 1541 7379 3579 261 1 7513 2821 5944 3312 3573 8051 104 1 2721 2741 271 1 3573 1521 271 1 3299 3079 7391 3674 5812 2851 7392 131 1 * ** * 5149 3444 101 1 3635 **** 701 1 7394 1211 3573 264 1 401 1 * ** * PE T R O F I N A SA BAHAMAS, GO VT OF O M N I B U S C O MP UT ER G R A P H I C S INC. FLEET A E R O S P A C E CORP. CANADA, GOVT OF A L C A N A L U M I N I U M LTD CAMPEAU, R O B E R T B R O N F M A N FA MI LY BELL CA NA DA E N T E R P R I S E S INC. L E W O , JOE 5 A R M S T R O N G SA LTD. A R N O L D M A N U F A C T U R I N G LTD. JOHN LA BA TT LTD. QUEBEC, GO VT OF AGRA IN DU ST RI ES LTD. CHATWAL, SANT SING H THOMSON, K E NN ET H R. NA TI ON AL B U SI NE SS SYSTEMS, INC., CA DI LL AC F A I R VI EW CORP. LTD. SHL SY ST EM SH OU SE INC. NA T I O N A L B U SI NE SS SYSTEMS INC. LE MA IR E FAMILY BELL CANADA EN TE R P R I S E S INC. B E L Z B E R G FAMILY GOLD. A B R A H A M QUEBEC, GOVT OF U N I D E N T I F I E D C A N A DI AN INVESTOR CR OW NX INC. C U MO RE SO UR CE S LTD. TH OMSON FAMILY TH OM SO N FAMILY T H OM SO N FAMILY ALCAN A L U M IN UM LTD. DANDI BL DG SYSTEMS THOM SO N FAMILY B R ON FM AN FAMILY B R ON FM AN FAMILY TRUSTS BR ON FM AN FAMILY B R ON FM AN FAMILY TRUSTS CANADA, GOV'T OF BR ON FM AN FAMILLY KOM INT'L MSR EX PL OR AT IO N LTD. OL YMPIA AND YORK DEV. LTD. BRUNET, ANDRE BE LS BU RG FAMILY BLACK, CONRAD & G. MO NT AG U FAIRWAY HEIG HT S INVESTMENTS LTD. BCE DEVE LO PM EN T CO. NESTLE SA B E LZ BE RG FAMILY BR ON FM AN FAMILY MOORE CORP LTD M A CL EA N- HU NT ER HO LD IN GS LTD CANA DI AN PACIFIC LTD CA RU SC AN CORP. TY ET. AL. AM OT AM AM OT OT AM AM JV EI PE NP AM AM AM AM AM AM OT AM AM NP AM AM AM AM EI AM AM AM EI AM EI NP AM OT NP NP OT AM AM AM EI RE EI EI EI AM RE RE AM AM AM AM OT RE VALUE 12! 2 18.6 43 00 .0 93.5 6.0 5! 0 4! 0 9.0 10.0 6.4 22 2 .0 11.1 125.0 i!o 37.5 0.5 4.2 26.5 1 .1 70.0 69.9 22.5 5.0 3.0 -83- BE BF CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA C\ ca' CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA COMP LE TE D, CD US F I RM NAME O NA 1986 FO RE IG N D I RE CT NA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA cl C? CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA r . CA INVE ST ME NT TR ANSACTIONS, COMPLETED, US FI RM NA ME LA ND (112 ACRES) LA ND (6 ACRES) M. A. HA NN A CO M A G N A INT *L INC. M A R K E T SQUARE M C K N I G H T M E O I C A L C O M M U N I C A T I O N S INC. M I D - A M E R I C A SP RI NG WI RE INC M O N S A N T O CO'S P O L Y S T Y R E N E DIV. N E I G H B O R H O O D TH E A T E R S INC. NEW L O ND ON TRUST CO, THE N E W S P A P E R S (41) NITEC PAPER CO RP 'S AS SE TS N O R T H A M E R I C A N D I R E C T O R Y CORP. N O R T H E R N AI R W A Y S INC'S M A I N T . OPS N O R T H E R N T E L E C O M INC O F FI CE BLDG OF F I C E TOWER OIL P R O P E R T I E S O L YM PI A A N D YORK OL Y M P I A PLACE TOWER P A CI FI C TR AF FI C PA LC O T E LE CO M INC P A SQ UA LE FOOD CO INC PLITT P R E S I D I O SQ UA RE SIX C I NE MA S PR O T O C O L M E S S A G E M A N A G E M E N T CTS INC. PU R O L A T O R C O UR IE R CORP R E I C H H O L D C H E M I C A L ' S SPEC. P H E N O L I C S DIV R E L A X INN R I C H T E X CORP. RKO - C E NT UR Y W A RN ER T H E A T E R S INC. SA RA T O G A M I N E S INC SAVIN CORP. SC HO OL BUS C O M P A N I E S (5) SC IE N C E A P P L I C A T I O N S INT'L C O RP 'S A S S E T S S H O P P I N G C E NT ER S S H O P P I N G C E NT ER S (4) S H O P P O N G CE NT ER S I ER RA CO AL CO S I LV ER STATE M I N I N G CO RP S I MP LE D E S I G N LTD S O U T H - W E S T E R N P U B L I S H I N G CORP. S O U T H E R N S Y S T E M S INC SPECTUM THEATERS S T A N D A R D A E R O W E S T E R N DI V S T E R L I N G - R O C K FALL S D A I L Y G A Z E T T E S T I L L W A T E R M I N I N G CO. SWIFTSURE TANDEM FABRICS T E C H N I C A L DA TA CORP TENNECO'S GOLD MINING PROPERTIES TORSTAR BOOKS T W I N I N G R & CO. LTD. U.S. B U S I N E S S P R E S S ' S P U B L I C A T I O N S U N I V E R S A L S T U D I O S F L OR ID A WATERWAYS CONDOMINIUM W E S T E R N S T AT ES LIFE I N S U R A N C E CO. BY COUNTRY LO CA TI ON CE NT ER VI LL E LI VERMORE CL EV EL AN D C L IN TO N OE KALB NO RT HF IE LD FR EMONT ST LOUIS RI CH MO ND NEW LONDON NI AGARA FALL LOWELL MC LE AN PH OENIX CLEAR LAKE OR LA ND O OR LA ND O MA RI NA DEL RE BI R M I N G H A M WA S H I N G T O N B A S K I N G RIDG E WH IT E PLAINS DE NVER CO LU MB IA N E W YORK C E NT RA L CITY S T AM FO RD SAN D I E G O PH O E N I X OXFORD CO K L U M B I A LEXINGTON DE NV ER CINC IN NA TI CLEARWATER ATLANTA PHOENIX STER L PK FALL EMERYVILLE MIAMI F A RG O TS VA CA OH IL GA IL IN MO VA NH NY NY MA VT VA AZ TX UT FL FL CA IN AL TX DC NJ NY CO SC NY CO CT CT CA AZ MS SC KY CO NY OH FL GA AZ IL MT NY NC CA NV NY NC NY FL FL ND SIC FOREIGN INVESTOR TY ***« **** 101 1 3714 **»* 2721 3315 2824 7832 61 2711 2621 2741 4582 3661 ** *♦ **** 1311 1541 ** ** 2721 3661 2051 7832 7399 4213 281 1 701 1 3251 7832 1041 5081 4151 3353 ** ** *+** **** 1211 1041 251 1 2731 3679 7832 4582 271 1 1099 451 1 2299 891 1 1041 2731 2099 272 1 7613 *** * 63 CADILLAC FA IRVIEW CORP LTD RA FFLES HOTELS AND INNS CUNDHILL, FRANCIS PETER MAGNA INT *"L‘ INC. CADILLAC FAIRVIEW CORP. LTD. THOMSON CORP. 1\/ANIER FAMILY CANADA, GOV'T OF D R A B I N S K Y , GA RT H & BRONFMAN FAMILY SUN LIFE ASSU RA NC E CO OF CANADA BLACK, CONRAD ET AL LEMAIRE FAMILY BELL CANADA ENTERPRISES INC. INNOTECH AVIATION LI MI TEE BELL CANADA EN TE RPRISES INC CA N-ALTA PR OPERTIES LTD. CA DILLAC FA IR VI EW CORP. LTD. PROVINCE OF ALBERTA OL YM PI A AND YORK DEV. LTD. OLYMPIA AND YORK DEV. LTD. TH OMSON FAMILY PALCO ELECTR ON IC S MFG SPLY LTD JOHN LABATT LTD BRON FM AN FAMILY BELL CANADA EN TERPRISES MANN, G E OR GE S BTL INC. RELA X D E VE LO PM EN T CORP. LTD. J A NNOCK LTD. D R A B IN SK Y' S GARTH; B R ON FM AN FAMILY H A RR IS t EDWARD CANADA, GOVT. OF DEGROOTE, M I C H A E L G. AL C A N A L U M I N I U M LTD. MANN, GE OR GE MA R A T H O N RE AL TY CO. LTD. U N I D E N T I F I E D INVESTOR BR ON FM AN FAMILY DOME PE TR OL EU M LTD SIMPLE D E SI GN LTD TH OM SO N FAMILY NA TL B U S I N E S S SYSTEMS INC DRABINSKY, GA RT H & B R O N F M A N FAMILY FE DERAL INDUST RI ES TH OM SO N FAMILY CEDE SW IF TS UR E TA ND EM FABRICS THOMSON, K E NN ET H R. ECHO BAY MINE S LTD. ATKINSON,J.S.ESTATE W I T T I N G T O N I N VE ST ME NT S LTD. T H O M S O N FAMILY DRABINSKY, G A R T H & B R ON FM AN FAMILY CO ST AI N LTD MU TU AL LIFE OF CANADA RE RE El NP RE AM AM AM AM AM AM AM JV AM OT RE RE AM OT RE AM NP AM OT OT AM AM RE AM AM AM OT AM AM RE RE RE AM AM NP AM AM AM OT AM JV OT NP AM AM OT PE AM JV RE AM VALUE . 16.2 44.0 10.5 . 75.6 1 .3 0.0 . 22.0 29.0 5o!o . 151.9 22.2 31.0 7.5 16.0 89.5 0. 1 9. 1 1 .2 . 12.0 0. 1 250.0 7.9 3.9 10.0 15.0 130.0 6.0 65.0 54.0 1986 F O R E I G N D I R E C T I N V E S T M E N T T R A N S A C T I O N S , CO MP LE TE D, NA US F I RM N A M E CA CA CA CA CH CH DA DA DA DA DA QA WILLSON FREIGHT SERVICES W O O D B R I D G E INOAC 2A L E CORP. 142 E. O N T A R I O C A T H A Y F O O D S CO CHINA/TECH A M E R I C A N AVK C O P E N H A G E N H A N D E L S BA NK ESS F O O D S H O S B Y USA MACKE BUILDING SERVICES M A E R S K LINE P O U L S O N L I G H T I N G INC M O SE LE Y, HA L L G A R T E N , E S T A B R O O K & W E E D E N N A T L B A N C S H A R E S C O RP OF TE XA S N I L E S IMPORT INC. C O N T A I N E R C O RP OF A M E R I C A DEVONSHIRE BLDG F R E E Z E R Q U E E N DIV. GLOBAL CLINICAL PHARMACOLOGY K E N N E T H FOX SU PP LY CO. PAPE R R E C Y C L I N G F A C I L I T Y PETER P A R T I T I O N CORP. T A S C O E L E C T R O N I C SRVS. CO. C O M M E R C I A L BLDG G C A ' S IN DU S T R I A L S Y ST EM S DIV I N T E R N A T I O N A L PARK KE MI RA INC. THE SUMMIT ALCATEL/CELWAVE AMR E N ER GY CO RP B A N Q U E W O R M S C A PI TA L CORP B E N E T E A U BO A T CO BIG TH RE E INDU ST RI ES CDF CH IM 1E CH AN EL B O UT IQ UE C H A R L E S OF THE RITZ GR OU P CIT - A L CA TE L INC C O M M U N I C A T I O N CORP. OF AM ER IC A C O M S T O C K GR O U P INC.. C O M S T O C K GR O U P INC. C O S T C O W H O L E S A L E CORP. CS INDS* CA RB ON D I O X I D E S DIV. D A NN ON CO. INC. D A T A C U P Y CORP EAST TEXAS STONE CO E L E C T R O N I C S P EC IA LI TY PR OD U C T S INC. F O RT UN E SYSTEMS CORP H C M / S P E C I A L M A RK ET S H O N E Y W E L L - N E C S U P E R C O M P U T E R S INC H O TE L SOFI TEL H O TE L SOFI TEL IBF B I O T E C H N I C S INC. INTNTL CO NT AI NE R CORP'S A E RO SO L DIV ITT T E LE CO M PROD UC TS CORP K E LI AN STEPHANE B O U T IQ UE OA EG EG EG El El El El El El El El FI FI FI FI FI FR FR £R PR FR FR FR F« FR FR FR FR FR FR FR FR fR FR FR FR FR FR FR FR FR FR FR LO C A T I O N BRADSTOWN DALLAS CHICAGO JO L I E T NEW YORK HOLLYWOOD JERICHO WASHINGTON BOSTON HOUSTON CHICAGO BO ST ON BUFFALO NASHVILLE McALLEN BR O O K L Y N AR N H E I M ELK GR O V E AU R O R A BIRMINGHAM BR I D G E P O R T RO AN OK E C L AR EM QN T DA LL AS NEW YORK LONGVIEW NEW YORK DA LL AS DA NB UR Y DANBURY SEATTLE BATON ROGUE WH IT E PLAINS M O U N T A I N VIEW C O RSICANA LAS VEGAS R E DW OO D CITY NEW YORK B U RL IN GT ON CH IC AG O MIAMI SALVAGE R A LE IG H ♦ BY CO UN TR Y TS SIC FO RE IG N INVESTOR NY KY TX IL IL GA CA NY FL NY DC TN FL MA TX TN IL MA NY TN TX CA NY CA IL IL AL CT VA NC TX NY SC TX TX NY NY VA TX CT CT WA LA NV CA TX NV CA NY MA IL FL MD CT NC NY 4723 3714 5944 **** 2035 7392 5051 60 5147 1521 7349 441 1 3645 621 1 67 5199 2651 **** 2013 7391 2651 261 1 2653 3825 * ** * 3559 *** * 5161 ** * * 3661 1311 61 5088 1389 2869 5631 51 22 3661 5063 1731 89 1 1 5141 2813 2026 3861 Ibll 5099 3573 731 1 5081 701 1 701 1 5086 341 1 3661 5661 WM. F. W I L L S O N BR OK ER AG E LTD. W O O D B R I D G E G R /I NO UE BETRAND, M A R V I N & G A IL GE RS T E I N OL Y M P I A AND YORK DEV. LTD. CHIN A , P.R. CHIN A ASSOC. OF SC IE NC E 4 T E CH NO LO GY AVK SCAN WA S S GR O U P C O P E N H A G E N H A ND EL S BANK E S S - FO OD HO SB Y ISS - INT'L SERVICE SYSTEM A/S A.P. MO E L L E R GR OU P LOUIS POULSON & CO A/S KASSEM, OMAR, E T . AL. FAYED M A. .FAYED M. .F A Y E D S. EL DAR EN G I N E E R I N G CO. S M URFIT FAMILY H A R D W I C K E LTD JAMES CREAN PLC IN STITUTE OF CLIN IC AL P H AR MA CO LO GY SMURFIT FAMILY SM UR FI T FAMILY JE FF ER SO N SMURFIT GR O U P LTD. RADA E L EC TR ON IC INDS. LTD. LI LL BA CK EN KONEPAJA WA RT SI LA AB OY POLAR CO NS TR UC TI ON CO. FINLAND, GOVT OF POLAR - BEK FRANCE. GOVT OF FRANCE. GOVT OF BANQUE WO RM S B E NE TE AU (CHANTIERS) L'AIR LIQUIDE SA FRANCE, GOVT OF CHANEL YVES SAINT LAURENT SA FRANCE. GOVT OF FRANCE. GOVT. OF SPI BAGN AT OL LE S SCHNEIDER SA CA RREFOUR SA AIR LIQUIDE SA BS N- GE RV AI S DANONE SA M U TU EL LE S UNIES, LES LAFARGE COPPEE SA LELEX SA FRANCE. GOVT OF FRANCE, GOV'T OF FRANCE. GOVT OF NOVOTEL GROUP ACCOR GROUP IBF SA FRANCE. GOVT OF FRANCE. GOVT OF. ET AL KELIAN, STEPHANIE TV OT NP El RE JV JV OT OT OT OT AM OT NP AM AM OT AM RE AM JV AM AM AM AM RE AM RE OT RE OT AM OT OT AM NP OT AM NP El AM AM AM AM PE AM AM AM AM OT JV RE RE NP AM AM OT VALUE 7.5 550.0 10.0 5.0 0.6 13.5 683.0 10.0 35.0 . 0.4 12.0 10.0 41.0 1050.0 4.5 630.0 12.0 30.0 10.0 4.0 160! 0 3S.0 1986 FO R E I G N D I RE CT IN VE ST ME NT TRANSACTIONS, NA FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR FR GE GE GE GE GE GE GE GE GE GE GE GE GE GE GE GE GE GE g£ GE GE GE GE GE GE GE GE GE GE GE GE UE GE GE GE GE GE GE US FI RM NAME LACHEM1NEE RESTAURANT LE BE NA R D I N LE FLEUR DE MA XI MS LEAR P E T R O L E U M P A RT NE RS LP ASSETS LYNC H C O M M U N I C A T I O N SY STEMS INC M A CK TRUCKS INC. MA X I M ' S M I C H E L ' S BA GU ET TE INC. N I T R A G I N CO. INC. N O R T H C A RO LI NA PH OS PH AT E CORP. O'BRIEN. O ' RE IL LY C L OW /R SC G O LD RIVER OLD RIVER PECH IN EY - CEBAL CORP PH IL AD E L P H I A SUBURBAN CORP. S H OP PI NG CENTER (4) T E CH NI CA L CO MP O N E N T S INC UN I O N C A R B ID E' S WL DW DE A G RI .P RD TS DIV. AL LI S- CH AL ME RS ' h Y D R O - T U R B I N E BUS A Q U A L O N GR O U P AU ST IN FOODS CO B A N C R O F T & KLEIN INC. BASF CO RP BASF CORP. BASF CORP. BA SF CORP. BASF CORP. B ASF CORP. E N G I N E E E R I N G P L AS TI CS BA SF ST RU C T U R A L M A T E R I A L S BAYE R USA INC. BHK OF A M ER IC A INC BM W OF NO. A M E R I C A B O E H R I N G E R M A N N H E I M CORP. BOSCH. R O BE RT CORP. CLOO S INT'L INC. C O L U M B U S D E NT AL MFG. CO. D E G U S S A CORP. D O U B L E D A Y & CO INC D R OM INT'L INC. E N D O - L A S E INC. G I R I N D U S CORP. G T E 'S T E L L E C O M M U N I C A TI ON S BUS H E R A E U S INC. ii«1C E X P L O R A T I O N CO J . K R I E G E R & SOHN KA N AM U.S. K L O E C K N E R IONON OF A M E R I C A INC K N O C K N E R C O N T R A C T P A C K A G I N G INC K R A U S S - M A F F E I CO RP K R E M E R - U R B A N CO. K R E M E R S U R B A N CO 'S ( C ER TA IN ASSETS) M E T Z M E T A L L U R G I C A L CORP. MOBAY CHEMICAL M O D U L A R C O M P U T E R S Y S T E M S INC N CC I N D U S T R I E S INC. OFFICE BLDG COMPLETED, * BY COUNTRY LOCATION NEW YORK DALLAS RENO NEW YORK NEW YORK NEW YORK PHILAD EL PH IA W A RW IC K DANBURY YORK W I LM IN GT ON HOUSTON WILLIAMSBURG RSR TRI PARK PI TT S B U R G SC HA U M B U R G ST. LOUIS N E W YORK NE W YORK MORRISTOWN STAMFORD HOUSTON A T LA NT A CHARLOTTE S. P L A I N F I E L D FT L A U D E R D A L E CORTLAND SAN JOSE TS CA NY NY TX NV NC NY MO WI NC NY NY CA CT PA NY RI CT PA DE NC TX TX VA NC LA MI CT SC PA NY NY CT SC IL MO AL NV NJ NY NJ CT NY TX RI GA NC VA KY WI WI NJ TX FL NY CA SIC 5812 5812 5992 131 1 3662 371 1 5992 5012 2873 1475 731 1 561 1 561 1 341 1 4941 **** 3679 2879 351 1 5161 2052 5113 2824 2824 2879 2869 2821 2812 2824 5161 2492 5521 5161 3714 3542 3843 2819 2731 5 161 5086 5161 3661 321 1 1311 3552 67 1 1 5084 7399 3559 2634 2034 3339 2021 3573 2342 **** FOREIGN INVESTOR TV SONOTEL INC. LE C O Z E , GILBERT & MAGUY CARDIN, PIERRE TOTAL-CIE FRANCAISE DE PETROLES FRANCE. GOVT OF FRANCE, GOVT OF CARDIN. PIERRE GRAND MOULINS DE PARIS AIR LIQUIDE SA FRANCE. GOVT. OF ROUX, SEGUELA CUYZAC & GOUDARD VERNIS, EDOUARD BROS. VERN1S, EDOUARD BROS. FRANCE, GOVT OF FRANCE. GOVT OF CA MPAGNIE LA HENNIN FRANCE, GOVT OF FRANCE, GOVT OF J M VOITH GMBH HENKEL KGAA H. BAHL SE N KEKS BA BR IK KG BISCHOFF & KLEIN GMBH & CO. BASF AG BASF AG BASF AG BASF AG BASF AG BASF AG BASF AG BAYER AG HOLZ & KU NS TO FF BA U POSSE GM BH & CO KG BAYER ISCHE MO TO RE N WE R K E AG B O EH RI NG ER M A N N H E I M GMBH BO SC H FAMILY CLOOS SC HW EI S S T E C H N I K GM BH CARL BAYER AG DE GU SS A AG MOHN, R E I N HA RD DR 0. M A R T E N S & CO. GERMANY. GOVT. OF G I R I N D U S P H A R M A C H E M I E GMBH SI EM EN S AG H E R A E U S G M B H HM BASF AG J. KR IE GE R & SOHN KAN AM INTNTL KLOE CK NE R IONON GMBH K N O C K N E R - W E R K E AG KRAU SS -M AF FE I AG SCHW AR Z GMBH S C HWARZ GMBH D E G U S S A AG BAYER AG AEG A K T I E N G E S E L L S C H A F T S P I E S S H O F E R , GU NT HE R SI EM AN S AG PENS IO N FUND AM OT OT AM EI NP OT AM AM AM OT OT OT NP EI RE AM AM AM JA PE JV PE PE NP NP NP PE PE OT NP OT PE NP OT AM PE AM OT AM OT AM OT AM NP OT OT NP AM AM AM PE EI EI RE VALUE 0.4 115.0 56.0 38.0 15 !8 30 .0 575! 0 5.0 • 20.0 25.0 . . 3.2 3.5 10.0 20.0 . . 60.0 500.0 . 5. 1 . 336.0 2.0 10.4 7.0 . . . 52.0 2.5 40.0 1906 F O R E I G N D I R E C T I N V E S T M E N T TR AN S A C T I O N S , CO MPLETED, * BY C O U N T R Y US F I R M N A M E LOCATION TS SIC F O RE IG N INVESTOR TY GE GE GE GE GE GE GE GE GE GE GE GE GE GE GE GE GE GE GE GE GE GE GJ HK HK HK HK HK HK HK HK HK HK HK HK HK H* HK HK HK HK ID IT IT IT IT IT IT IT IT IT IT IT IT IT IT P E L T O N & C R A N E CO. P O LY B L E N D S INC. P O R S C H E G A L E S B U R G INC. POTTER & BRUMFIELD RCA D I R E C T M A R K E T I N G INC. RCA V I D E O P R O D U C T I O N S INC R C A / A R I O L A INTL R I T T A L CORP, THE R O T O F R A N K OF A M E R I C A INC. SA BE R T E C H N O L O G Y CORP. S C I E N T I F I C A M E R I C A N INC. SEW-EURODRIVE SHEPHERD MEDICAL P R D T S . S H O P W E L L INC. SMS E N G I N E E R I N G INC SMS E N G I N E E R I N G INC S O L I T R O N D E V I C E S INC U L T R A F O RM CO U L T R A F O R M CO. VOKO W A L L A C E B A R N E S STEE L D I V I S I O N ZF OF NO. A M E R I C A INC. G R E N A D A IN VE S T M E N T P R O M O T I O N SE RV IC E B A N K E R NO TE INC. B E N C H CRAFT INC C A TH AY P A CI FI C A I R W A Y S C H E M I C A L BANK C O U R V O I S I E R C E NT ER EM ET T & C H A N D L E R COS, INC. FIRST P E N N S Y L V S A N I A CORP G L O B A L U N I O N B A N K ' S 2 NY BR A N C H E S G O V E R N O R S COUR T H O TE L H O N G KO N G IND. P R O M O T I O N A L O F F F I C E H O N G K O N G IS LA ND S LI NE AM ERICA H O N G KO NG IS LANDS LINE A M ER IC A J A RD IN E M A R K E T I N G SERV IC ES O A K L A N D HY AT T R E GE NC Y SEAL Y F U R N I T U R E - W E S T E R N U N I T E D BANK U N I V E R S A L FU RN IT UR E IN DU ST RI ES INC W E S T C H E S T E R F I N A N C I A L SE RV IC ES CORP N A F E D I N DO NE SI AN PA VI L L I O N A L L I E D SIGNAL F L U O R O P O L Y M E R DIV AS SE TS AUTO. DATA P R O C E S S I N G ' S BANK SVC BE N N E T O N USA INC. CA R T E R - W E B E R INC. C H I L D M A G A Z I N E P U B L I S H I N G INC CL I N I C A L S C IE NC ES INC. C O N S E R V INC. E B R A M O N T NV FIORUCCI FOODS USA I ST I T U T O B A N C A R 10 SAO PAOLO DI T O R I N O M A G L I , BR UN O M E R I N O MI LL S NI CK Y W A LL IC STORES PIRELLI CABLE CORP CHARLOTTE LIVONIA GALESBURG NC Ml IL TX NY NY NY OH CA CA NY TX NC NY PA PA FL AL AL TX CT ME NY GA MS CA NY FL CA PA NY CO NY NJ CA NJ CA CA CA NC NY NY NJ NJ NC MI 3843 2821 3729 3622 5733 3651 3652 5063 5031 3573 2721 3621 50 86 541 1 5051 5084 3662 3079 2821 5021 3316 3714 961 1 5621 2512 451 1 60 **** 63 60 60 701 1 861 1 441 1 441 1 7399 701 1 2515 60 251 1 61 7392 2812 7374 2253 3592 2721 2831 2819 2835 2013 60 5661 2299 564 1 3357 SI EM EN S AG BASF AG PORSCHE, DR. ING HOF AG S I EM EN S AG B E R T E L S M A N N AG MOHN, R E I N H A R D & FA MI LY MOHN, REINHARD, & FAMILY R I T T A L - W E R K RUDOLF G M BH & CO KG RO TO FRANK B M W - B A Y E R S C H E MO T O R E N WE RK E AS VON H O L T Z B R I N C K FA MI LY S E W - E U R O D R I V E GMBH & CO. ME YR A W I L H E I M MEYER & CO. T E N G E L M A N N G R OU P SIEMAG WEIS S STIFTUNG G U T E H O F F N U N G S H U T T E AKT (GHH) S A LZ GI TT ER .A G DEGU SS A AG BASF AG /D E G U S S A AG VOKO- FRANZ VOGT & CO. FRIED. GU ST AV THEIS KA LT WA LZ WE RK E GMBH Z E P P E L I N - S T I F T U N G FR IE DR 1C HS HA FE N GRENADA, GOVT OF CHOW. SK UN I V E R S A L FU RNITURE LTD CATHAY H O L D I N G CO BANK OF CHINA, ET. AL. SWIRE GROUP JARDINE M A TH ES ON HOLDINGS. LTD. HO NG KONG & SHANGHAI BA NKING HO N G KONG & SHANGHAI BA NKING CORP CHIU FAMILY HO N G KONG, GOVT OF HONG KONG ISLANDS SHIPPING CO. LTD. HO NG KONG ISLANDS SHIPPING CO. LTD. JARDINE M A TH ES ON & CO. LTD. CHAN, C.F. UN IV ER SA L FURNITURE LTD FIRST PACIFIC HOLDINGS, LTD. U N IV ER SA L FU RNITURE LTD HO NG KONG & SHANGHAI BANK INDONESIA, GOVT OF M O N T ED IS ON SPA ING. C. OLIVETTI & CO SPA BENN ET ON FAMILY AGNELLI FAMILY TAXI AGNELLI FAMILY M O NT ED IS ON SPA MO NT ED IS ON SPA SA LU MI FI CI0 CESARE FIORUCCI SPA IST1TUT0 B A N C A R 10 SAO PAOLO DI TORINO M A G L I , BRUNO LUIGI BOTTO BENETTON FAMILY PIRELLI SPA AM AM PE AM AM AM El PE OT N E W YO RK NE W YO RK NEW YORK SAN JOSE N E W YORK MATTHEW NE W YO RK PITTSBURG PITTSBURGH R I VI ER A BE AC H MO B I L FORESTVILLE NEW YORK MARIETTA BLUE MOUNTAIN NEW YORK MIAMI SAN FR A N C I S C O NE W YORK DENVER HOBOKEN OAKLAND SAN F R AN CI SC O H I GH POINT NEW YORK RO S E L A N D DE TROIT NEW YORK WH IP PA NY N I CH OL S STAMFORD CH E S T E R F I E L D NEW YORK NEW YORK LAWRENGE NEW YORK NY NJ FL CT VA NY NY MA NY SC AM NP AM AM OT OT AM OT NP OT AM PE OT AM AM OT JV RE AM AM AM AM OT OT OT OT RE AM AM OT AM OT AM AM NP El OT AM AM El NP OT OT OT AM NP VALUE . # 0.0 300.0 52^6 . 32.6 10.2 70.0 70.0 . 22. 2 . 1 .2 18.2 2.0 1 .1 14.0 65.0 . . 23.0 is!o 6. 1 50.0 5.0 2! 0 22.0 125.0 20.0 . 11^7 -87- NA F O R E I G N D I RE CT IN VE ST ME NT TRANSA CT IO NS , US FIRM NAME PRADA B O U T I Q U E SYNT RE X INC. TAXI P U B L I S H I N G INC. V O I C E M A I L INT'L INC. A T SL T BL OG ABC BL OG A G R I C U L T U R A L EX PO RT S OF CALIF INC A I SI N USA A L A D D I N H O TE L AL A M O A N A AM ER IC AN A A L C A N - S U M I T O M O ELEC TR IC INC ALL N I PP ON AI RWAYS ALL N I P P O N AI RW AY S ALL N I P P O N A I RW AY S ALL N I PP ON A I RW AY S CO. ALL NI P P O N A I RW AY S TOUR S CO. ALLY & G A R G A N O INC. AL PI NE E L E C T R O N I C S INC A M ER IC A KOTOBUKI EL EC T R O N I C S IND. INC. A M E R I C A N BRAKE IND. CORP. A M E R I C A N SOY PR O D U C T S INC AM T E X INC AN DO EL ECTRIC CO. A R CO PLAZA A R C O - J S P CO. A R I Z O N A TEST CE NT ER INC. AS M O MF G INC A U B R E Y G. L A NS TO N & CO BA NK OF C A L I F O R N I A NY TRUST CO B E N I H A N A OF TOKYO B L O O M I N G T O N SE AT IN G CO B R I D G E S T O N E USA INC B R O T H E R IN D U S T R I E S (USA) INC B U R L I N G T O N AIR E X PR ES S BL DG B U R R O U G H S ' I M AG IN G S Y ST EM S OIV. C . I T O H / H O L I D A Y INNS JOIN T V E N T U R E C A L I F O R N I A STEEL I N D U ST RI ES C A L S O N I C INT'L INC. C A L S O N I C Y O R O Z U CORP. CA N O N USA C A N O N USA CA N O N USA C A N O N V I R G I N I A INC. C A R A U S T A R I N D U S T R I E S INC C A S T FO RG E CO. C E N T R A L MFG. CO. CH A S E PL AZ A CHURCH UNIVERSAL & TRIUMPHANT C I R C U I T C O N T R O L L E R CO RP C L A R I N O A M E R I C A CO RP C L A R I O N CO. COAST SAVINGS BLDG CO LO R & C O M P O S I T E TECH. INC. C O M G R A P H I X INC. CONDOMINIUM PROJECT C O N I C - S H A CO LTO COMPLETED, 8Y COUNTRY LO CA TI ON TS SIC FOREIGN INVESTOR TY NEW YORK EATONTOWN NEW YORK SANTA CLARA LOS AN GE LE S NEW YORK NY NJ NY CA CA NY CA IN NV HA NC CA VA NY GU NY NY IN WA KY MI CA MD CA PA AZ MI NY NY OR IL TN TN CA CT CA CA CA IN GA TX IL VA GA MI KY CA CA MI CA KY CA OH TX HA TX 5661 3579 2721 7399 ** ♦ * *** ♦ 5145 3714 701 1 701 1 3355 451 1 451 1 45 11 451 1 4722 731 1 3651 3651 3714 2099 2271 3829 **** 2821 7391 3041 62 60 5812 2531 5014 3572 **♦* 3662 701 1 3312 3585 3714 3572 3674 5081 3573 2655 3714 3714 *** * 8221 3643 5133 3585 **** 2893 7399 **** 3544 PRADA, MARIO OLIVETTI FAMILY TAXI ITALY, GOV'T OF MITSUI REAL ESTATE DEV CO SHUWA CORP DYNATEC INTL LTD TOYOTA MOTOR CORP YASUDA, GINJA AZABU JIDOSHA CORP SUMITOMO ELECTRIC INDUSTRIES LTD. ALL NIPPON AIRWAYS CO. LTD. ALL NIPPON AIRWAYS CO. LTD. ALL NIPPON AIRWAYS CO. LTD. ALL NIPPON AIRWAYS CO. LTD. ALL NIPPON AI RWAYS CO. LTD. D A I - 1CHI KIKAKU ALPINE ELECTRIC CO LTO MA TS US HI TA ELECTRIC INDUST. CO. LTD. AK EB ON O BRAKE IND. CO. KA WASHO CORP ET AL HAYASHI TELEMPU CO LTD ANDO ELECTRIC CO. LTO. SHUWA CORP MITSUBISHI GAS CH EMICAL CO. NI SS AN MOTO R CO. LTD. NI PP O N D E N S O CO LTD IN DU ST RI AL BANK OF JAPAN MITSUBISHI BANK LTD AOKI, KATSU NAMBA PRESS KOGYO KK B R I D GE ST ON E CORP BR OTHER IN DUSTRIES LTD MITSUI REAL ESTATE DEV. CO. FUJI ELEC TR IC CO. LTD. C. ITOH & CO LTD KAWASAKI STEEL CORP N I SS AN MOTO R CO. LTD. NI SS AN MOTOR CO. LTD. CANON INC. CANON INC. CANON INC. CANO N INC. SETTSU CORP ALCA N A L U M I N U M LTD. T O YO TA MO TO R CO. LTD. SHUWA CO PR P SOKA GAKKAI INT'L YAZAKI CORP KURARY CO LTD ET AL C L AR IO N CO. LTD. LO NG TERM C R ED IT BANK MITSUI GR OU P M I NO LT A CAMERA CO. LTD. TOKY U G R OI UP C O N I C- SH A CO LTD OT AM OT AM RE RE NP NP AM AM NP OT OT OT OT OT AM NP OT JV JV NP PE RE NP NP NP LAS VEGAS WAIKIKI NEW YORK GR E E N W O O D I V A NC OU VE R E L IZ AB ET HT OW N SALINE LOS AN GE LE S NEW YORK NEW YORK NO RM AL LA VE RG NE BARTLETT IRVINE DA N B U R Y LOS A N G E L E S FONTANA IRVINE NORCROSS DA L L A S CHICAGO AUSTELL HOWELL LOS A N G E L E S LOS A N G E L E S PE T O S K E Y PA S A D E N A SI D N E Y DALLAS AM OT JV OT OT RE AM JV El OT PE OT OT OT NP AM JV NP RE AM AM OT NP RE NP PE RE OT VALUE 4.0 175.0 90.0 16.0 54.0 40 .0 . 4.4 25.0 20.0 10.0 7.3 625.0 . 25.0 234! 0 3.5 1 .2 1 .5 12.5 8.0 26.5 20.0 . . . 36.0 125.0 31 .3 . 4.6 125.0 15.5 3.8 3! 0 23.0 2.7 1986 F O R E I G N D I R E C T I N V E S T M E N T TR AN S A C T I O N S , COMP LE TE D, NA US F I R M NA ME JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA* JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA CONOCO - NIPPON MINING VENTURE C O P A L S Y S T E M S INC. C O U N T E R P O I N T C O M P U T E R S INC. CXC C O R P D A 1 T R O N INC D A I W A S E C U R I T I E S A M E R I C A INC. D A I W A S E C U R I T I E S T R U S T CO. D E S I G N & MFG. CORP. D O W N E Y S A V I N G S & LO AN B L D G D RY N E W Y O R K DS A M E R I C A INC. D U N L O P T I RE CO RP E A S T D I L R E AL TY INC EL PASO C A N T I N A S E L IT E C I R C U I T S INC E M E R A L D - S H A P E R Y CE N T E R ESPLANADE EV AL CO. OF A M E R I C A E X C E L M I C R O E L E C T R O N I C S INC. EX X O N BL DG F I G U E R O A TOWER FIRST & S T EW AR T BL DG F I T E L CORP. FM C ' S C O N S T R U C T I O N EQUI P CO F O O T H I L L R E S E A R C H INC. F O T O M A T CORP. F U J I T S U S Y ST EM S OF AM ERICA F U J I T S U TEN AM ER IC A G A I N E L E C T R O N I C S CORP. GE FANU C A U T O M A T I O N CO G E N EL E C T CO 'S GR W E S T E R N SI LI CO N PLANT G I NZ A K I M U R A Y A B A KE RY CORP. G O L D E N EAGLE FOODS' DIV. GOLDMAN. SA CH S & CO G R E E N V I L L E T E C H N O L O G Y INC H A W A I I A N R E G E N T HOTEL H E A R T L A N D LY SI NE INC H E R T Z CAR L E A S I N G DIV. H I G H POINT W O O D W O R K I N G CO H I H P R O D U C T S CORP HI SAN CORP. HITACHI AM E R I C A LTD HITACHI CH E M I C A L CO HITACHI CO MP UT ER PRDTS (AMERICA) INC. HITACHI C O N S T R U C T I O N MCHY (AMER) CORP HITACHI C O NS UM ER PRODTS OF AM ERICA HOND A OF A M ER IC A MFG. INC. HO ND A POWER E Q UI PM EN T M F G INC HO N D A ' S ACURA AU TO M O T I V E DIV. H O N O L U L U SAKE B R EW ER Y & ICE CO HORNE, JO SE PH H O U S E FOODS & YAMAUCHI INC. HOYA EL EC T R O N ICS CORP HY A T T R E GE NC Y WAIKIKI IDEA BANK CO. IMC M A G N E T I C S CORP * BY C O U N T R Y LO C A T I O N SAN JO SE IRVINE TIGARD N E W YORK J E RS EY CITY RICHMOND COSTA ME SA N E W YO RK FAIRFIELD G R A N D ISLAND N EW YO RK SAN D I EG O SAN DI EG O WASHINGTON SAN JOSE N EW YORK LOS A N G E L E S SE ATTLE DEERFIELD B E LM ON T ST P E T E R S B U R G CA NT ON BRANCHBERG 99 LI NCOLN N E W YORK WAIKIKI HI GH POINT RO CH ES TE R NORMAN MARYSVILLE HO N O L U L U PI TT SB UR G SAN JOSE WAIKIKI MIAMI LAKES TS SIC F O RE IG N INVESTOR TX MN CA CA OR NY NJ IN CA NY NJ NY NY CA CA CA DC TX CA NY CA WA GA IL CA FL OH IN NJ VA AZ CA NE NY OH HA IA NY NC CA MI IL GA OK TX CA OH NC OH HA PA CA CA HA CA FL 1311 5 0 94 3573 3661 5084 62 60 3639 **** 731 1 5084 301 1 6531 5812 3679 **** ** * ♦ 2869 3674 **** * * •* **** 3357 3531 7391 5946 5081 3651 3674 3541 2819 5462 201 1 62 3069 701 1 2048 7512 2426 2032 3317 3612 3679 3573 3531 3651 3714 3524 5012 2084 531 1 5812 3573 701 1 7392 3674 N I P P O N M I N I N G CO LTD CO PA L CO. LTD. KY OC ER A CORP. SONY CO RP ET AL D A I T O SHOJI CO LTD DAIW A SECU RI TI ES DAIW A BANK, LTD. SANYO EL EC TR IC CO. LTD. SHUWA IN VE ST ME NT S CORP D E NT SU INC. D A I N I P P O N SCREEN MFG. CO. LTD. S U MI TO MO EL ECTRIC IN DUSTRIES LTD NOMURA S E CU RI TI ES CO K Y OT AR U CO. LTD. B R O N F M A N FAMILY TR US TS T O KU YU GROUP MITSUBISHI TRUST & BANK. CO KU RARAY CO. LTD. ROHM CO. LTD. MITSUI & CO LTD SHUWA CORP KO NO IK E CO NS TR U C T I O N CO FU RU KA WA EL ECTRIC CO. LTD. SU MITOMO HE A V Y INDUSTRIES LTD CO MPUTER SOFTWARE OR GA NI ZA TI ON KO NI SH IR OK U PHOTO IND. CO. LTD FUJI ELECTRIC CO. LTD. FUJI ELECTRIC CO LTD MITSUI & CO. LTD. FANUC LTD NI PP ON KOKAN KK KI MURAYA BA KE RY CO. LTD. NI PP ON REIZ O KK SUMITOMO BANK LTD, THE MO RI R O K U CO LTD OSAK AT AK A INC AJ IN OM OT O CO INC OR IE NT LEASING CO. LTD. FUJI STEEL CO LTD JAPAN PH AR MA CE UT IC AL DEVELOP. CO. LTD SANOH INDUSTRIAL CO. LTD. HITACHI LTD HITACHI LTD HITACHI LTD. HITACHI LTD ET AL HITACHI LTD HONDA MOTOR CO. LTD. HONDA MOTOR CO LTD HONDA MOTOR CO. LTD. TAKARA SHUZO CO LTD MITSUI GROUP LTD. HOUSE FOOD IND. CO. LTD HOYA CORP AZABU JIDOSHA CORP IDEA BANK CO LTD. MINEBEA CO LTD TY VALUE JV OT AM AM OT OT OT AM RE EI OT EI AM OT AM RE RE NP AM RE RE RE OT AM AM EI OT NP OT JV AM OT AM AM NP AM NP AM AM NP JV NP PE OT NP PE PE PE OT AM AM OT OT AM OT OT 82.8 6.5 4.4 28.0 245 !0 50.0 115^0 55.0 . 5.7 610.0 35.0 6.0 19. 1 . 16^3 4.5 6.0 100.0 16.0 217.7 40.0 2.4 2. 1 2. 1 30.0 15.0 2.7 245.0 1986 F O R E I G N O I RE CT IN VE ST ME NT TR AN SACTIONS. NA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA J« JA JA JA JA COMPLETED. US FIRM NAME IN DU ST RI AL PARK IN DU ST RI AL PARK (LAND) INOAC USA INC. I N T E R N A T I O N T R A N S P O R T A T I O N SE RVICE (ITS) IN T E R N A T I O N A L H I GH T E CH NO LO GY CORP I N T E R N A T I O N A L IM MU NO LO GY CORP. INTL D I G I T A L EL EC T R O N I C S CO. ISOTEK INC. IZUM1 CORP. JAPAN AIR LINES (JAL) JAPAN AIR LINES (JAL) J A PA NE SE RE ST A U R A N T S JI DE CO J O HN SO N GR OU P JVC A M ER IC A INC. K-BIN INC. KAGA EL EC T R O N I C S KA IS ER I N TE RN AT IO NA L K A ME YA MA USA KA NE KA TEXAS CORP. K E AU HO U BEAC H HO TE L K E IH IN SEIKI M F G CO. K E N W O O D USA CORP. K E N W O O D USA CORP. K I M O T O INDU ST RI ES K L E E N T E K INC KM E N G I N E E R I N G CO LTD. KO O L I N O RE SO RT KOBE D E V E L O P M E N T CORP. KO MA TS U K O M A T S U A M ER IC A MFG. CORP. K O M A T S U EL E C T R O N I C M E T A L S INC. KONA L A GO ON HO TE L KONA SURF H O TE L KONAMI INC. K O YO A M E R I C A CORP. K R I S - T E C H CO RP K U R O D A P R E C I S I O N I N DU ST RI ES LTD. KYOTARU RESTAURANT K Y O T A R U WAIKIKI KYOWA A M ER IC A CO RP L - N U N I T E D INC. L A F A Y E T T E C E NT ER L A MA R F I N A N C I A L PLAZA LAND LAND L A ND (2000 ACRES) LA N D (95 ACRES) LA S E R D I SC CORP. LI - M A T E C H INC L I N K - B E L T CONST. EQUIP. CO. L U D L O W S P E C I A L T Y PA P E R S D I V I S I O N L Y N D O N V I L L E V I N E G A R INC. M A K A H A V A L L E Y C O U N T R Y CLUB M A K I T A U S A INC. MANIFAX I N C . BV COUNTRY LOCATION TS SIC FOREIGN INVESTOR TV VISTA VISTA CA CA KY CA CA CA IL OH NY GA VA CA KY WA AL TX NJ CA MA TX HA CA CA NJ GA OH HA HA NC FL TN CA HA HA IL WA CA IL CA HA CA KY DC TX HA HA MT HA NJ GA KY MA NY HA NJ NY ♦ * ** ** ** 3714 40 1 1 3479 2831 5081 2819 3741 451 1 451 1 5812 3714 5031 3679 2821 5065 4463 3999 3079 701 1 5012 5065 5065 3861 3564 891 1 *** * 891 1 5082 3531 5081 701 1 701 1 7372 5146 3551 5084 5812 5812 3662 3231 * * #* **** *♦** **** **** *** * 7372 3325 3531 264 t 2099 5812 5084 7372 MITSUI REAL EST DEV CO LTD MITSUI REAL ESTATE DEV CO INOUE MTP CO. & WO ODBRIDGE G R . KAWASAKI KISEN KAISHA LTO. ULVAC CORP NITTO BOSEKI CO LTD DIGITAL COMPUTER LTO. NIPPON SANSO KK IZUMI MOTOR CO. LTD JAPAN, GOVT OF JAPAN. GOVT OF JAPANESE OV ER SE AS INVESTMENT CORP. NISSAN MOTOR CO. LTO. NEW HOUSE CO. LTD. MATS US HI TA ELECTRIC IND. CO. LTD. S HIN-ETSU CHEMICAL CO. KAGA ELECTRONICS CO. LTD. KAWASAKI STEEL CIOR KAMEYAMA KANEGAFUCHI CHEMICAL IND. CO. LTD. OT OK AK A INC KEIHIN SEIKI Mi-u CO. LTD. TR IO -K EN WO OD CORP. TR IO -K E N W O O D CORP. KIMOTO CO. LTD. KL EENTEK INDUSTRIAL CO LTD KM E N G I NE ER IN G CO LTD. KUMAGAI GUMI CO LTD KOBE STEEL LTD KO MA TS U LTD KO MATSU LTD. KO MA TS U LTD. AZABU JO SHIDA CORP OTAKA INC KONAMI LTD. DA11CHI CHUO KISEN KAISHA LTD. SHIBUYA KOGY O CO LTD KURODA PR EC IS IO N IN DU ST RI ES LTD. KY OTARU CO. LTD. KY OT AR U CO. LTD. KYOWA E L EC TR IC & CHEM IC AL CO LTD NI PP ON SHEET GLAS S CO. LTD MEIJI M U T U A L LIFE INS CO 36 TO KY O KUMAGAI GUMI CO. LTD. JAPAN DEVEL. & CONSTR. CO LTD ONO, AI KAI SHUWA CO RP T O B I S H I M A CORP. PIONEER EL EC T R O N I C CORP. KOBAYASHI CO LTD SU M I T O M O HE AV Y IN DUSTRIES LTD. KANZAKI PAPER MFG. CO. LTD. N A K A N O VINE GA R CO. LTD. MATSUURA. HITOSHI M A KI TA EL ECTRIC WO R K S LTD. C ITOH & CO. LTD RE RE NP OT NP AM OT AM PE OT OT OT NP JV OT NP OT AM NP PE AM OT OT OT NP JV OT RE OT OT NP OT AM AM NP JV AM OT OT OT NP JV RE RE RE RE RE RE OT AM JV AM AM PE OT JV FREMONT CHICAGO DAYTON NEW YORK BR AD ST OW N TUSC AL OO SA FREEPORT FALL RIVER WAIKIKI LOS AN GE LE S CARSON MT OL I V E TSHP CE DA RT OW N CINCINNATI MIAMI SAN FR AN C I S C O WAIKIKI R O L L I N G MD WS S E AT TL E MODESTO CHICAGO COSTA MESA LE X I N G T O N WASHINGTON AUSTIN NIU NIU H E B G E N LAKE MAUI TOCCOA LEXINGTON LYNDONVILLE S. B R U N S W I C K VALUE 16.7 17.0 7.5 1 .3 5.0 3.8 . 4.0 . 30.3 0.6 . 10.0 . 667.0 13.5 . . 0.4 0.8 30.0 . 125.0 2.4 1 .8 11.0 . 10.0 2.0 1 .0 . • 1986 F O R E I G N O I R E C T I N V E S T M E N T TR AN S A C T I O N S . NA US F I R M NA ME JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA M A R U Y A M A MFG. CO. M A T S U S H I T A COM. CORP. OF A M E R I C A M A T S U S H I T A E L E C T R I C C O R P OF AM E R I C A M A T S U S H I T A E L E C T R I C IND. CO M A T S U S H I T A INVEST & DEV CO MAUI H Y A T T R E G E N C Y H O T E L MAUI M A R R I O T T M A Z D A MO TO R CORP. M A Z D A M O T O R S OF A M E R I C A M E D A S O N I C S INC M E I S T E R G R A M INC. M E L L O N F I N A N C I A L CE NT ER M E M O R Y T E C H INC M I C H I G A N D Y N A M I C S INC. M I L I A N I GO LF CO U R S E M I T S U B I S H I M O T O R S CORP. M I T S U B I S H I O I L DE L A W A R E M I T S U B I S H I TRUS T & B A N K I N G CORP. MITSUI & CO (USA) INC. MITSUI & CO. (USA) INC. MITSUI C O M T E K CORP MITSUI P E T R O C H E M I C A L INDS. M I T S U L OS K LI N E S (AMERICA) INC. M O T O R N E T I C CORP. M Y M LTD. N V E, INC. N A B C O USA INC. N A Z A R E T H I N DU ST RI AL CORP NEC H O ME E L E C T R O N I C S LTD N E OM ET CORP N E W YORK STOCK E X CH AN GE M E M B E R S H I P NHK ASSOC SPRING C O M P O N E N T S INC NICHIEI AM ER IC A CORP. N I P P O N EX PR ES S USA INC. N I P P O N GAKKI CO. N I P P O N J I RY OK U SENKO CO. N I PP ON M I N I N G CO N I PP ON SEIKI CO. N I P P O N O E N S O AM ER IC A INC. NI S H I K A W A S T AN DA RD CO NI S S A N D E SI GN INTL STUDIO N I S S A N D I ES EL AM ER IC A NI SS IN FOODS (USA) CO NKC OF AM E R I C A INC. O F F I C E BL DG O F F I C E BLDG O F F I C E BLDG O F F I C E BLDG O F F I C E BLDG O F F I C E BLDG O F F I C E BLOG O F FI CE BLDG OF FI CE BLDG O F F I C E BLDG. O F F I C E BLDGS O F F I C E BLDGS CO MP LE TE D, BY C O UN TR Y LO C A T I O N NEW YORK SE C A U C U S MAUI MAUI O R A N G E CO UN TY MT N V I E W CLEVELAND NE W YORK PL AN O DETROIT HONOLULU BRIDEPORT N E W YORK LOS A N GE LE S NEW YORK SANTA ROSA SALEM S A C R AM EN TO WE ST PITT SB UR NE W YORK BO W L I N G GR EE N P O R T LA ND LOS ANGELES LOS ANGELES HO US TO N SABINA BA TT LE CREEK TOPEKA CO RP US CHRIST SAN JOSE LOS AN GELES WASHINGTON HO N O L U L U SAN JOSE N E W YORK LOS ANGELES NEW YORK NEW YORK IRVINE RA LEIGH TS SIC FO RE IG N INVESTOR WA IL NY GA NJ HA HA CA CA CA OH NY TX MI HA CT NY NY TX KY CA NY NY CA OR CA MI PA GA PA NY KY OR FL CA CA TX OH MI IN CA TX PA TN TX CA CA DC HA CA NY CA NY NY CA NC 5083 3661 3631 3662 6531 701 1 701 1 7392 5012 3693 3552 **** 3573 3569 7997 5013 5172 60 5051 5051 3573 5161 44 n 3621 0181 1541 5013 3079 3651 3369 5621 3493 5031 4712 5099 5039 1311 3714 3585 3069 7391 5012 2098 3535 **** ** ** **** ** * * **** ** ** **♦ * *** * *** * »+* * *** * *** * MA R U Y A M A MFG. CO. LTD. M A T S U S H I T A ELEC. IND. CO. LTD. M A T S U S H I T A E L EC TR IC IND CO LTD M A T S U S H I T A E L EC TR IC IND. CO. LTD. M A T S U S H I T A KOSAN CO LTD KOKUSAI JIDOSHA AZABU JIDOSHA CIOR MA ZD A MO TO R CORP. MA ZD A M O T O R S CO. LTD. SETTSU PA P E R B O A R D MFG CO LTD B A RU DA N CO. LTD. SHUWA C O R P ‘J MI TSUBISHI CORP FUJI FILTER MFG. CO. LTD. SPORTS SHINKO CO. LTD. MITS UB IS HI CORP. MITS UB IS HI OIL CO LTD MI TSUBISHI TRUST & B A NK IN G CORP. MITSUI & CO. LTD. MITSUI & CO. LTD. MITSUI & CO LTD MITSUI P E T R OC HE MI CA L INDS. LTD. MITSUI OSK LINES LTD. NIPPON S IKO KK MYM LTD. DAI NIPPON C O N S TR UC TI ON KOBE STEEL MITSUKI INDUSTRY CO LTO NEC CORP MITSUBISHI META L CORP YAMAICHI SECURITIES CO NHK SPRING CO LTD NICHIEI CO. LTD. NIPPON EXPRESS CO. LTD. NIPPON GAKKI CO. LTD. NIPPON JIRYOKU SENKO CO. LTD. NIPPON MI NI NG CO LTD NIPPON SEIKI CO. LTD. TOYOTA MOTOR CORP. NISHIKAWA FAMILY NISSAN MOTOR CO. LTD. NISSAN MOTOR CO LTD NISSIN FOODS PRODUCTS CO LTD NAKANISHI METAL WORKS CO. LTD. KUMAGAI GUMI CO. LTD. TODA CONS TR UC TI ON CO. LTD SHUWA CORP KOKUSAI KOGYO CO HASGAWA KOMUTEN CO LTD TODA CO NS TR UC TI ON CO LTD TOZAI REAL ESTATE CO LTD ITO-CHU SHOJI MITSUI REAL ESTATE DEV CO MITSUI REAL ESTATE DEV. CO. TOBISHIMA DEV. CO. AOKI CORP TY OT PE OT NP OT AM AM NP OT AM AM RE JV AM AM PE OT OT OT OT OT OT OT AM OT JV OT NP PE JV AM JV OT OT OT OT OT NP OT JV OT OT PE NP RE RE RE RE RE RE RE RE RE RE RE RA VALUE 20.0 319.0 150 .0 17.2 11.2 15.0 4.0 7.0 1 .4 16.0 20.0 . . 20.0 3! 0 . 5.5 13^0 42.8 4.2 50.0 60.0 95.0 40.0 8.2 20.0 47 .5 8.4 77 .4 54.0 26.0 FOREIGN DIRECT INVESTMENT TRANSACTIONS, US FI R M NAME * BY C O U N T R Y LOCATION ST AM FO RD LITTLE ROCK WA S H I N G T O N NEW YORK MEXICO VAND AL IA NEW YORK N A SH VI LL E P H IL AD EL PH IA TR UM BU LL SPRI NG BO RO HO N O L U L U ON T A R I O CA RL SO N PA TE RS ON YO U N G W O O D NEW HA VE N IRVINE SANTA CLARA WAIKIKI ME L V I L L E • CO LU MB IA NE W R O C H EL LE IRVINE CUPERTINO TROY PENNSAUKEN SANGER BO S T O N O N EO NT A INDIANAPOLIS VANCOUVER W A IKIKI CRANBERRY LOS A N G E L E S N E W YORK A U RO RA LONG BEACH COLUMBUS M E N L O PARK TS SIC FOREIGN INVESTOR TY CA IL CT AR DC NY MO OH NY MN TN NH AZ PA CT OH HA CA CA PA NJ PA CT CA CA CA HA NY IL FL MD NY CA CA CA MI NJ VA CA NY MA CA NY CA IN WA IN HA NJ CA NY CO CA OH OH CA 1311 354 1 3229 3317 NISSHO IWAI CORP. OKAMOTO MACHINE TOOL WORKS LTD. ASAHI GLASS CO. LTD. SUMITOMO METAL INDUSTRIES LTD ASAKI MUTUAL LIFE INS CO KUMAGAI GUMI CO. LTD. DA 11CHI DENKO CO LTD ODAWARA EN GI NEERING CO LTD SHUWA CORP ASAHI OPTICAL CO. LTD. FUJIKURA LTD HITACHI LTD. SUMITOMO CORP. OTSUKA PHAR MA CE UT IC AL CO. LTD PILOT PEN CO. LTD. PIONEER ELECTRONIC CORP WANG. CHING MING SUMITOMO REALTY & DEV CO LTD POLA COSM ET IC S INT'L FUJIKURA KASEI CO LTD DA INICHSEIKA COLOR & CHEMICAL MlSUBISHI ELECTRIC COP. K ASHIYAMA CO. LTD. SOKKISHA CO. LTO Q.P. CORP. TOSHIBA CERAMICS CO. LTD. SOGYO CO. LTD. SUMI TO MO HEAVY INDUSTRIES LTD KAWASAKI KI SE NK AI SH A LTD. GINZ A RA N- GE TS U LTD. AOKI C O N S TR UC TI ON KUMAGAI GUMI CO. LTD. RHEON A U TO MA TI C M A C H I N E R Y CO. LTD. R I C O H CO LTD O T SU KA PH AR MA C E U T I C A L CO LTD MI TS UB IS HI STEEL MFG CO LTO FUJI HEAVY IN DUSTRIES LTD. SAN-JIRUSHI CORP DYNATE INTERN AT IO NA L LTD. SANKYO CO. SANWA BANK SANYO CORP SANY O SHOKAI LTD ET AL TAGUCHI FAMILY TO YO S H I M A SP EC IA L STEEL CO LTD SHAR P CORP RYOBI LTD. GENICHI SU GI YA MA SHIMA SEIKI MF G LTD ET AL SHINKO EL EC TR IC CO LTD S H IN NI HO N KOHAN CO. LTD. FIJIYA BL DG CO LTD TASEI CORP. ET AL SHOWA LIGHT M E T A L CO SHOWA LIGHT ME TA L CO MITS UB IS HI ME TA L CORP AM NP JV PE RE RE NP AM RE NP AM AM AM AM NP OT RE RE OT PE AM JV AM AM NP AM AM AM JV OT RE RE OT NP AM JV OT NP NP OT OT NP OT OT AM NP NP AM OT OT OT RE RE NP OT AM *♦** 3357 3559 **** 3832 3699 3315 1021 3829 3951 5064 *♦ * * **** 5963 2865 2893 3674 561 1 3832 2035 3229 701 ) 3693 471 2 5812 **** **** 355 1 262) 2084 3493 7399 2035 3312 5 t61 60 3632 221 1 4712 3493 3674 3361 701 1 5084 5063 7392 **** * ** * 3443 3443 3679 VALUE O o OIL INTEREST O K A M O T O M A C H I N E TOOL WORK S O L I N - A S H A I N T E RC ON NE CT TECH NO LO GY OMEG A TUBE & C O ND UI T CORP o n e Th o m a s c i r c l e ONE UNIO N SQUARE EAST OPTE C DD USA O T T - A - M A T I C INC PA IN E W E B B E R BL DG P E NT AX O P H I H A L M C INC. PEP IN DU ST RI ES INC PHAL O CO RP .' S CABLE MFG. PLANT PHELPS DODGE COPPER MI NE S (2) PH OS PO - E N ER GE TI CS INC. PILOT PEN CORP OF AMERICA PI ON EE R INDUS. COMPON. INC PI ON EE R PLAZA PLAZA CO NT I N E N T A L POLA INT'L INC. POLYTRI BO INC POPE CH E M I C A L CORP. P O W E R E X INC. PRESS. J. INC. P Y RA MI D OP T I C A L CO. Q&B FOOD S INC. Q U AR TZ INT'L CORP. QU E E N KAPIOLANI HOTEL R A D I A T I O N ' S EQUI P DIV R A I L - B R I D G E CORP. RAN G E T S U OF TOKYO RESIDENTIAL DEVELOPMENT R E S I D E N T I A L P R OJ EC T R H E O N A U T O M A T I C M C HY INC. R I C O H E L E C T R O N I C S INC RIDG E V I N E Y A R D S INC R O C K W E L L INTNTL SU S P E N S I O N SY ST EM S CO S A BA RU OF A M E R I C A INC. SAN-J INTL INC SA NG ER STEEL CORP. SA N K Y O CO. SANWA BANK S A NY O SANY O S E W I N G A M E R I C A INC SE IN O T R A N S P O R T A T I O N CO S E R V I C E S P R I N G CO SH A R P M I C R O E L t C T R O N I C S TECH. INC S H EL LE R - RYOBI CORP. S H ER RY W A IK IK I HO TE L SHIM A SEIKI USA INC S H I N K O E L E C T R I C CO S H I N N I H O N KO HA N SHOPPING CENTER SH O R E L I N E S Q UA RE SHOWA A L U M I N U M CO R P OF A M E R I C A SHOW A A L U M I N U M CO RP OF A M ER IC A S I LT EC C O R P COMPLETED, 5.0 15.0 1 .5 35 .0 6.0 75.0 3.0 5.5 44.0 20.0 0.6 io!o 21 .2 . 18.7 . 2.9 50.0 . . 9.0 90.0 . . . 5.0 5.5 125.0 20.0 6.0 32.0 1986 F O R E I G N D I R E C T NA US FI R M N A M E S O N Y ' S I N D U S T R I A L P R D T S OIV. S O U T H W I R E - F U R U K A W A C A B L E CORP. SPENCERCLIFF RESTAURANTS STANLEY - KYOKUTO S T A N L E Y E L E C T R I C U.S. CO. INC. S T A U F F E R - M E I J A INC. S U BA RU R E S E A R C H & D E S I G N (SRD) SULTAN BLDG S U M I D E N W I R E P R O D U C T S CORP. S U M I T O M O E L E C T R I C W I R I N G SYS INC S U M I T R O N I C S INC. SUN C H E M I C A L S G R A P H I C ART. MAT. DIV. S U N - H U S K E R FO OD S INC. SU N R I S E CO SUZUKI OF A M E R I C A SUZUKI SO GY O CORP. T . S . T R I M I N D U S T R I E S INC TAI VAN CO RP T A I Y O KO BE BA NK T A KA RA SAKI USA INC T A K E D A C H E M I C A L PRDT S USA TA M C O T A N A B E USA T E L E N E T I C S INC T E X A C O INC - N IP PO N OIL CO JV TG (USA) CORP T H E R M A L E X INC. T I F F A N Y BL DG TOKAI BA NK OF C A L I F O R N I A TOKAI BANK, LTD. TOKAI CORP T O K Y O CAR USA T O L E D O D I S T R I B U T I O N INC. T O S H I B A CORP T O SH IB A INTL CORP. TOSHIBA-WESTINGHOUSE TOWE R 46 BLDG T O WN LAKE CENTER TOYO TA NS O AMER IC A INC. T O YO TA N S O CO TO YO DA M A C H I N E R Y USA INC T O Y O M E N K A A M ER IC A INC. TO YO TA IN DUSTRIAL ENGINE O P E R A T I O N S TO YO TA MOTO R MFG. USA INC. TOYOTA MOTOR SALES USA TOYOTA MOTOR SALES USA INC. T R IN IT Y INDUST. CORP OF AM ER IC A T R IN IT Y INDUSTRIAL CORP T S U K A M O T O S E IS AK US HO CO U.S. AMADA LTD. U N I O N CHAI N CO UN I V E R S A L S T R E S S - R E L I E V I N G INC VE RN ET INC WAIKIKI PARC HOTEL WAI KOLA HO TE L WA KU N A G A OF AM ERICA INC. COMP LE TE D, BY C O U N T R Y LOCATION FT. L A U D E R D A L B A T T L E CR EE K E. YORK GARDEN GROVE WA IKIKI SU NN Y V A L E NE W YORK L I NC OL N PA LM DB SE RT BREA CO L U M B U S DA LL AS CHICAGO WILMINGTON WOODCLIFF PL AC EN TI A MONTGOMERY NEW YORK LOS A N GE LE S L E XI NG TO N NEW YORK DA LL AS SAN FR AN CI SC O HO RS E H E A D S NEW YORK AU ST IN A R LI NG TO N HTS G E O R GE TO WN GEORGETOWN GEORGETOWN RESC H TRI PK SANDUSKY HO US TO N SAN DIEGO WAIKIKI MAUI TS FL GA HA MI OH PA CA HA CA KY CA NY NE CA CA CA OH TX IL CA NC CA NJ CA TX MO AL NY CA KY Ml NY OH TX CA NY NY TX IL IL IL IL CA KY MI CA KY KY CA NC OH TX CA HA HA CA SIC 3651 3357 5812 3641 3641 2051 7391 **** 3496 3679 3674 2893 2017 1521 5012 5014 2531 ♦ *** 60 2084 2834 3312 5161 3662 1311 3714 3443 **** 60 61 3041 3473 5051 3612 5084 3672 **** *** * 3295 7391 3541 5161 5013 37 1 1 371 1 5012 3559 7535 5023 5084 3496 3398 3674 70 1 1 701 1 2834 F O RE IG N INVESTOR SONY CORP. F U RU KA WA EL ECTRIC CO. LTD., THE NI T T A K U EN TE RP RI SE CO. LTD. ST ANLEY E L EC TR IC CO LTD ET AL ST AN LE Y EL E C T R I C CO. LTD. MEIJI SEIKA KA IS HA LTD. FUJI H E A V Y INDS. LTD. NIHO N LANCRE CO LTD SU M I T O M O E L EC TR IC INDU ST RI ES LTD SU M I T O M O EL ECTRIC IND LTD S U MI TO MO CORP D A I N I P P O N INKS & C H EM IC AL INC. NI PP ON REIZ O KK MI TSUBISHI ESTATE CO LTD SUZUKI MOTOR CO. LTD. SUZUKI SOGYO GROUP TO K Y O SEAT CO LTD TAISAI CORP TA I Y O KOBE BANK LTD TA KA RA SHUZO CO LTD TAKEDA CH EM IC AL INDS. LTD. MITSUI & CO. LTD. TANABE SEIYAKU CO. LTD KA NE MA T S U - G O S H O LTD NI PP ON OIL CO. LTD. TOYOTA M O TO RS CO. LTD. MI TS UB IS HI A L UM IN UM CO. LTD. DAI ICHI REAL ESTATE CO TOKAI BANK, LTD TOKAI BANK, LTD. SU MITOMO ELECTRIC IND LTD MITSUI & CO. LTD. SU MI TO MO CORP. TOSHIBA CORP TOSHIBA CORP. TOSHIBA CORP KAYTO KAGAKU CO SUMITOMO CONS TR UC TI ON CO. LTD. TOYO TANSO CO. LTD. TOYO TANSO CO LTD TOYODA MACHINE WORKS LTD TOYO MENKA KAISHA LTD. TOYOTA MO TO RS CO. LTD. TOYOTA MOTOR CO. LTD TOYOTA MOTORS CO. LTD. TOYOTA MOTOR CO. LTD. TOKYO TRINITY INDUSTRIAL CORP TS UKAMOTO SEISAKUSHO CO LTD AMADA CO. LTD. T S U B AK IM OT O CHAIN CO MITSUI ENGINE ER IN G & SHIPBLDG CO LTD VERTEX INC MITSUI REAL ESTSTE DEV CO KUMAGAI GUMI CO. LTD. WAKUNAGA SEIYAKU CO. LTD. TY PE JV AM OT PE JV OT RE PE NP OT AM El RE OT NP OT JV OT PE PE PE OT AM JV NP JV RE OT OT NP NP OT OT OT JV RE RE NP OT NP NP OT NP PE OT AM NP OT OT AM AM NP RE OT NP VALUE 4 !0 . o in JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JAJ ja \ JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA INVESTMENT TRANSACTIONS, 0. 1 3.0 3.0 . 550! 0 io!o 1 .3 10.0 3.0 100 .*0 . . 94.3 2 !5 301 !o 6.3 0. 1 5.0 3.7 , 800.0 12.0 3.0 1 .0 10.0 1 .2 77.4 200.0 3.0 1906 F O RE IG N D I RE CT NA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA KS KS KS KS KS KS KS KS KS KS KS KS KS KS LU MX NA NA NA NA NA NA NA NE NL NL NL NL NL fiL NL NL NL NL NL NL NL INVE ST ME NT TRAN SA CT IO NS . US FI RM NAME W E ST COVINA R E S O U R C E R E CO VE RY CTR W E S T E R N STRESS INC WESTIN HOTEL W H E E L I N G N i S S H I N INC. W O R L D TRADE CENTER L .A . W R O U G H T P R O D UC TS D I V I S I O N XETEL CORP XI D E X BLDG Y A MA HA MO TO R CO. Y A M A S H I T A - S H I N N I H O N ST EA MS HI P CO. 1 100.0 1101 V E RM ON T AVE N.W. 111 SUTTER ST 1401 N E W YORK AVE N.W. 1500 KAPIOLANI BLDG 1750 K ST N.W. 461 FI FT H AVE 90 0 T H IR D AV EN UE 901 CO RP OR AT E CENTER AMKO R CORP. BIF H A N JIN CO NT AI NE R LINES H A N J I N CO NT AI NE R LINES HYUNDAI M E R C H A N T MA R I N E CO. HY UNDAI MO T O R S AM ERICA KORE A S H I P PI NG A M ER IC A INC. M I C R O FIVE CORP MO T E L S A M S U N G SE MI C O N D U C T O R INC SU NEEL A L AS KA C O RP 'S COAL T E RM IN AL T E X A C O BLDG U SS - PO SC O I N D U ST RI ES Z Y MO S CORP. IM PE RI AL 400 H O T E L S U N I T E D PRESS INT'L A P A R T M E N T BL OG C O M M E R C I A L BLDGS E D MO S CORP. F I R S T C O L O N I A L BANK LA ND AT THE CE DA RS R E T A I L C O MP LE X W A S H I N G T O N BA NK C O R P O R A T I O N F A R R A G U T BL DG A C T USA INC. AKZO CHEMIE AMERICA A M E R I C A N N A T U R A L S N AC KS INC A T L A N T A T R A D E P O R T FTZ B A L A N C E D FOOD S INC B E N I E R USA B O N A N Z A P O WE R PL AN T C O N T I N E N T A L H E A L T H C A R E S Y S T E M S INC C O O P E R D E V ' S T E C H N I C O N INC. CHEM. DIV. D A T A M E T R I C S CORP. D I L L A R D DEPT. S T O R E S INC. E L I Z A B E T H RI V E R T E R M I N A L S INC EMF CO RP COMPLETED. BY COUNTRY LOCA TI ON H O US TO N INOIANPOLIS LOS ANGELES RE AD IN G A USTIN FREEMONT ATLANTA IRVINE W A SH IN GT ON SAN F R AN CI SC O W A SH IN GT ON WAIKIKI W A SH IN GT ON NE W YORK NE W YORK LOS AN GE LE S PEORIA NO RR I S T O W N G A RD EN GROV E COSTA MESA OLYMPIA LOS AN GELES P I TT S B U R G SU NN YV AL E ARLINGTON N EW YORK MIAMI PA L M BEAC H WALLINGTON C H IC AG O D A LL AS MIAMI WASHINGTON WASHINGTON ST A U G U S T I N E ATLANTA N. B E RG EN O V E R L A N O PARK WESTCHESTER CHATSWORTH L I T T L E RO C K CHESAPEAKE REDMOND TS SIC FOREIGN INVESTOR TY CA TX IN WV CA PA TX CA GA TX CA DC CA DC HA OC NY NY CA IL PA CA CA WA CA TX CA WA CA AK CA CA CA VA NY FL FL NJ IL TX FL DC DC GA TX FL GA NJ GA UT KS PA CA AK VA CA 4931 1799 701 1 3312 *♦*♦ 3339 3679 *** * 3949 441 1 #♦ *♦ * ** * **#* ***♦ **** * *** **** ** ** ♦ *** 3714 5713 4411 441 1 441 1 5012 441 1 3573 701 1 3674 4463 ** ** 3312 3674 701 1 7531 *♦ *♦ MITSUI ENGINE ER IN G & SHIPBLDG CO LTD MITSUI EN GIEERING I& NE ERING & SHIP BLOG KUMAGAI GUMI NIPPON STEEL CORP. KAJIMA CORP. NGK INSULATORS LTD ROHM CO LTD SHUWA CORP YAMAHA MOTOR CO. LTD. Y A MA SH IT A- SH IN NI HON STEAMSHIP CO., LTD. SHUWA INVESTMENTS CORP NIPPON LIFE INS CO ORIENT FINANCE CO LTD MITSUI REAL ESTATE DEV CO KANTO BLDG CO.LTD SUMITOMO REALTY & DEV CO MITSUI REAL ESTATE DEV CO SHUWA CORP KAJIMA CORP DA EW OO HEAVY INDS. LTD BO RN EO M E RC AN TI LE CO. LTD. HAN JIN T R A N SP OR TA TI ON CO. LTD. HA N JIN T R AN SP OR TA TI ON CO. LTD. HYUNDAI CORP. HYUNDAI MO TO RS CO LTD KOREA SH IPPING CORP. SAMSUNG EL EC TR ON DE VI CE S CO LTD KWAK FAMILY SAMSUNG ELEC CO LTD SUN EEL SHIP PI NG CO. HA, DR KHEE ET AL SOUTH KOREA, GOVT OF D A EW OO CORP. INTERPART SA RANA, M A RI O V A ZQ UE Z MAYSVILLE VE SE NA Z HO L D I N G CORP. OV E R S E A S PRIVATE EQ UI TI ES NV F O X - P I T T ,K E L T O N , NV GR O T E N N.V. ISIPI P R OP ER TI ES W A S H I N G T O N NATL H O L D I N G D NV ROYAL D U T C H SHELL PE NS IO N FUND VITO L BE HE ER NV A K Z O GR OU P KO N I N K L I J K E W E S S A N E N NV WI L M A N.V. K O N I N K L I J K E W E S S A N E N NV BENIER, H A NS ROYA L DUTCH- SHELL GR OU P TBG EUROPE NV AK Z O NV O R A N J E - N A S S A U G R O E P BV V E N D E X INT'L BV VA N O M M E R E N NV, PHS B U H R M A N N - T E T T E R O D E NV JV AM RE JV RE AM AM RE NP OT RE RE RE RE RE RE RE RE RE NP OT OT OT OT OT OT AM AM NP OT RE JV AM AM AM RE RE AM AM RE RE AM RE NP PE AM RE AM NP AM AM AM AM El AM AM 2253 60 **** ♦ ♦♦« 67 **** 2514 2869 2065 *** * 5149 3551 491 1 3573 38 11 3573 531 1 4463 3579 VALUE 59! 5 69. 7 45. 2 3.2 17.5 40.0 . 75.3 . 15.7 30.0 230.0 15.0 20.0 . . 4.0 0.9 16.0 17.0 14.0 240.0 13.4 27.5 36.9 1 .1 7 .1 11.0 1 !b 34.0 5.0 . 7.5 . . 664.0 27.3 40.0 0.8 . . 13.3 BY C O U N T R Y US F I R M N A M E LO C A T I O N TS SIC FO R E I G N IN VE ST OR NL NL NL NL NL NL NL NL NL NL NL NL NL NL NL NL NL NL NL NL NL NL NL NL NL NL NL NL NL NO NO NO NO NO NO NO NR NZ NZ NZ NZ NZ NZ NZ NZ NZ NZ NZ PL PM SA SA SA SA SA SA F.A. V O I G H T S H I P P I N G CO. F I L B E R T J.H. INC. F O U N D E R PL AZ A F U R N E S S S H I P P I N G & A G E N C Y (USA) INC. G R E E N ' S DA I R Y INC KAY CO RP MILLIKEN BUSINESS CENTER M O N S A N T O C O 'S PA P E R C H E M I C A L OIV. M O N S A N T O ' S S U L P H O N A M I O E S DIV. N A A R O E N INTL USA NASSAU TERMINALS NA TL SRV IND'S F U R N I T U R E L E A S I N G UNIT OF F I C E B L D G O F F I C E BLDG. OIL W E L L O I L / G A S LE A S E S O P T I M A G E I N T E R A C T I V E S E R V I C E S CO. O R G A N O N - T E K N I K A CORP. P H I L I P S & D U P O N T O P T I C A L CO (PDO) P H I L L I P S P E T R O L E U M I N TE RE ST S P R A E G E R P U B L I S H E R S INC. PRINCETON CARPETS R A V E N PR ES S B O O K S LTD. R E A D I N G & B A T E S C O R P ' S O I L / G A S I N TE RE ST S SHEL L O F F S H O R E INC. S U P E R M A R K E T GE N' S H O W L A N D S T E N B A C H - H O C H . T R E E OF LIFE D I S T R I B U T I O N CO UN I V A R CORP, W I L S O N - F I B E R F I L INT'L B O EN PA RQ UE T F L O O R I N G E.W. H O W E L L CO. INC. H I D D E N VA LL EY TROUT FARM H O E G H LINES A G E N C I E S INC N A A C - N O R W E I G A N CH AM BE R OF COMM ER CE N O R W E G I A N P A VI LI ON PARMED PHARMACEUTICALS OF FI CE BLDGS AIC PH OT O INC. A N AD IT E INC. BLACKFI ELD HAWAII BANK BL DG D I A M O N D CR YSTAL SALT CO EV ER ES T & JE NN IN GS INC. H O L M E S DL N. D O R M A N & CO N O R T H W E S T E R N STATE PO R T L A N D CE ME NT CO R E S E R V E OIL & M I N E R A L S CORP SEAGULL ENERGY CORP. SM IT H INTL INC M E L E X USA INC. LA ND A G R I F U E L S R E F I N I N G CORP. CA PI TA L CARE CORP. DO RC H E S T E R COAL CO. MYLE X CORP S U PE RI OR CARE INC. TRIA D CENTER HO U S T O N BALTIMORE E. H A R T F O R D HOUSTON YORK ALEXANDRIA SAN B E R N A R D I N TX MD CT TX PA VA CA GA MO NJ FL GA IL CA MI LA IL NC NC CA NY GA NY CA AL NJ FL WA NJ VA NY WA NY CA FL NY HA NY IL HA MI CA LA NY IA NM TX CA NC FL LA PA CO FL NY CA 44 11 2079 **** 441 1 2026 5944 **** 2861 5161 5161 4463 7299 «*** ♦ *** 1311 1311 7819 3841 3679 1311 2731 2271 2731 1311 1311 541 1 5149 5161 285 1 5031 1541 0921 4469 861 1 * ** * 5161 **** 5043 3462 *♦ * * 2899 3842 531 1 2022 3241 1094 4922 3533 3949 *** * 2869 808 1 12 11 3573 8091 **** F.A. V O I G H T & CO. B.V. U N I L E V E R NV SA R A C R E E K H O L D I N G S FU RN ES S NV K O N I N K L I J K E W E S S A N E N NV VA N EKRIS, A N T H O N I E C. WI L M A N.V. A K ZO NV AK Z O NV N A A R D E N INTL NV VAN O M M E R E N N V , PHS NV AMEV WILMA NV PA LA DI N N.V. ROYAL D U T C H GROUP RO YA L D U T C H SHELL GROU P PH IL IP S G L O E I L A M P E N F A B R 1EKEN NV AKZO NV PH IL IP S G L O E I L NV ROYAL DU TC H SHELL GROU P ELSE VI ER NDU NV PR IN CE TO N CARP ET S W O L T E R S SAMSOM GROE P N V , THE R O YA L DU TC H SHELL GROUP RO Y A L DU TC H SHELL GROUP BR EN N I N K M E Y E R FAMILY KO NI NK LI JK E W E SS AN EN NV PAKH OE D H O L D I N G NV AKZO NV JOHAN G. OLSE N INDUSTRIES A/S SELM ER -S AN DE A/S ALFA AQUA FARM AS H O E E G H & CO A/S. LEIF NORW EI GA N CHAMBER OF CO MMERCE SE LM ER -S AN DE COR. ET AL AP OT HE KE RN ES LA BO RA T O R I U M A/S NAURU, GOVT OF AIC INT'L INC. BRIERLEY, RO NA LD A. ROBERT JONES INVESTMENT LTD BR IE RE LY RON ET AL BRIERLEV, RONALD ET AL BRIELEY. ROLAND NEW ZEALAND GOVT OF BRIERLEY. RONALD ET AL BRIERLEY, RO NA LD A BRIERLEY. RONALD ET AL BRIERLEV, RONALD ET AL FOREIGN TRADE EN TE RP RI SE S/ PE TZ E CUCA INVESTMENTS K H A S H O G G I . ADNAN KHALIFA, DR. RIDA H.. ET AL IBN ABDUL, KHALED IBN ABOULLAH A B US UL LA YM AN ABDUL HAMID ET AL KHAIFA. DR. RIDA H.. ET AL KHASHOGGI, ESSAM MORRIS TOWNSH AT L A N T A CHICAGO SAN F R A N C I S C O CHICAGO R E S R C H TR PRK KINGS MTN NE W YORK * NEW YO RK WOODBRIDGE ST AU GU ST IN E SEATTLE NE SH A N I C ST. PT W A S H I N G T O N SEATTLE N E W YORK ORLANDO NEW YORK HO ON O L U L U CARLE PLACE CHICAGO WAIKIKI ST. CLAIR LOS AN GE LE S NE W OR L E A N S SYOSSET MA S O N CITY AL BE Q U E R Q U E HO US TO N NEWPORT BEACH RA LE IG H MIAMI HORSHAM GRAN D JUNCTIO MIAMI GREAT NECK BURBANK TV EI AM RE OT AM AM RE AM AM OT JV AM RE RE OT AM JV NP JV AM AM NP AM AM OT AM AM AM AM OT AM AM OT OT RE AM RE AM EI RE AM AM AM AM AM AM AM EI PE RE NP AM AM AM AM RE VALUE 42.0 200.0 19.3 23.0 30.0 225.0 LP O ' 1986 F O R E I G N D I R E C T I N V E S T M E N T T R A N S A C T I O N S . COMP LE TE D, NA 7 .5 76.0 14.9 0.3 35.0 1 .0 3. 1 18.5 8.6 10.6 1 .0 3.2 2.2 1 .0 88.9 0.5 . 0.3 30.0 85.0 1986 F O RE IG N DI RE CT NA SO SO SO SO SP SP SP SP SW SW SW SW SW SW SW SW SW SW SW SW SW SW SW SW SW SW SW SW SW SW SW SW SW SW SW SW SW SW SW SW SY SZ SZ SZ SZ SZ SZ SZ SZ SZ SZ SZ SZ SZ SZ SZ IN VE ST ME NT TRANSACTIONS, US FIRM NAME D E CA IR CORP. D E SC OR INC. P E AB OD Y H O L D I N G CO INC U N I V E R S A L R E S O U R C E S CORP AMES C O AS TA L CE ME NT G L O R I A FE RR ER C H A M P A G N E CAVES M O N O B L O C USA A D V A N C E D G E NE TI C S C IE NC ES INC. A E R O S E R V INTL INC'S AS SE TS A L P H A - D E 0 O N I N D U ST RI ES INC A M E G A I N DU ST RI ES A P P L I E D M O L E C U L A R TE CH C O R P 'S A S SE TS ASEA BA B C O C K PFBC BO S T O N S O F T WA RE P U B L I S H E R S INC. CA L M A R INC. C A R B O H Y D R A T E S A M ER IC A INC. C H I R O N ' S H S O D DIV. C I B A - G E I G Y CORP. C O R P O R E X CE NT ER D E N I S O N DIV E L E C T R O - N U C L E O N I C S INC. E T ON IC SHOE CO. I N T E R M E D I C S I N TR AO CU LA R INC. IN TE R N A T I O N A L T Y P E F A C E CORP. KRAF T D Y N A T R O N I X INC L I Q U I P A K INTL INC P A C I F I C A U S T R A L I A D I R E C T LINE INC P E A B O D Y PR O C E S S SY ST EM S INC. P E N N I N G T O N P U B L I S H I N G CO P U L L M A X INC SAS D I S T R I B U T I O N & P U B L I S H I N G S E RV IC E SI H A N D L I N G SY ST EM S INC S W E D E H O M E S USA T E C H A M E R I C A G R O U P INC. TRI-CLOVER DIVISION T R W 'S B A L L B E A R I N G S DIV V O L V O - G M H E A V Y TRUCK CORP. W A L T C O T R U C K EQ UI P CO WHITE CO NSOLIDATED INDUSTRIES 1215 19TH ST. N.W. A D IA S E R V I C E S A L L O Y M E T A L S INC A L U S U I S S E F L E X I B L E P A C K A G I N G INC. A T L A S A I R C R A F T FBO C A M B R I D G E SY S T E M S C A P E W E L L H O R S E N A I L S INC. C A R N E T O I S O N D 'OR C H I R O N / C IBA G E I G Y C I BA - GEI GY CORP. C I B A - G E I G Y A U T O A D H E S I V E CE NT ER C I B A - G E I G Y CORP. C I B A - G E I G Y CORP. EMS-AMERICAN GRILON FOGAL G L Y C O INC. COMPLETED, BY COUNTRY LOCATION TS SIC FOREIGN INVESTOR TY SPRING VALLEY BR OW AR D CNTY ST LOUIS DALLAS NY FL MO TX MD MA CA PA CA FL MI TX CA 7699 3632 1211 1311 5051 5039 2084 341 1 2831 7699 3559 3599 3499 4925 7372 3563 2892 5161 5161 **** 3561 7391 3149 3841 2721 5065 3551 441 1 891 1 2721 5084 5199 3535 1521 2834 3431 3562 37 1 1 3537 3633 #*** 7362 3399 3353 5599 7372 3315 2065 7391 2816 7391 7391 5161 2821 5631 2087 HERSAV, RONALD GASLEC LTD. OPPENHEIMER. HARRV F. O P P E N H E I M E R , HARRY A P L I CA CI ON ES DE METALS SINTERIZADOS SA SPANISH CO NSORTIUM FREIXENET SA ENVASES ME TA LU RG IC OS AB CARDO FFV FORETAGEN AB ASEA AB UDDE HO LM S AB BOLI DE N AB ASEA AB ESSELTE AB INVESTMENT BEIJER AB V O LV O AB P HARMACIA AB C I BA -G EI GY LTD. SKANSKA LTD. ASEA AB P HARMACIA AB ARIT MA S GROUP PHAR MA CI A AB ESSE LT E AB PHAROS AB TETRA PAK INTL AB T R A N S A T L A N T I C SH IP PI NG CO ASEA AB B O NN IE R FA MI LY P U LL MA X AB SWEDEN, GO VT OF BORG E FA BR IK S AB S W ED EH OM ES EL-SAYED, RE FA AT A L F A - L A V A L AB SKF AB V O L V O AB SMZ INDUSTRIER AB E L E C T R O L U X AB O J J E H FAMILY PE STALOZZI, M A R T I N 0. SULZER G E BR UD ER AG A L U M I N I U M SUISSE SA JET A V I A T I O N HAEFNER, W A L T E R M U S T A D INTE RN AT IO NA L GROU P CARNE TO IS ON D 'OR CIBA G E IG Y AG CIBA - GEI GY AG C I B A - G E I G Y LTD. C I B A - G E I G Y LTD. CI B A - G E I G Y LTD. EMS C H EM IE AG F OGAL S C H W E I Z E R I S C H E A L U M I N U M AG El NP El El OT NP OT NP AM AM AM AM AM JV AM El NP JV OT RE AM AM AM AM AM JV AM OT AM AM OT OT AM OT AM AM AM JV AM AM RE AM AM NP AM AM AM NP JV NP NP PE OT PE OT AM OA K L A N D MA D I S O N HTS LONG VI EW G I LR OY U N KN OW N BO ST ON CTY OF INDUS. E M E R YV IL LE A R L I N G T O N HQT A T LA NT A COLUMBUS F A IR F I E L D BR O C K T O N PA SA DE NA N E W YORK ST PAUL SAN FR A N C I S C O BRIDGEPORT N E W YO RK EA ST ON PI NE CITY EL W O O D K E NO SH A JAMESTOWN GREENSBORO GARDENA CLEVELAND WASHINGTON M E N L O PA RK TROY D E NV ER SA NT A CLAR A HARTFORD N E W YO RK EMERYVILLE R E S C H TRI PK ANAHEIM NORWALK MA CA NC CA IL GA OH NJ MA CA NY WI MN CA CT CT TN NY PA MN KS WI NY NC CA OH DC CA MI KY CO CA CT NY CA DE MI NC CA SC TX CT VALUE 51*2 9.0 9.9 22.0 25.0 20.0 68.0 4! 0 17.4 0! 7 742^6 4.0 32.0 12.6 3.5 4.0 1986 F O R E I G N D I R E C T I N V E S T M E N T T R A N S A CT IO NS , * C O M P L E T E D t BY C O UN TR Y LOCATION TS SIC FO RE IG N INVESTOR SZ SZ G R A L V R E S O U R C E S INC. GRAND HOTEL HO T E L HOTEL CHARLOTTE IDEA BA S I C IN TE RL IN K B U S I N E S S & C O M M U N I C A T I O N S SERV KI ST LE R I N S T R U M E N T CORP. M E D I T E R R A N E A N S H I P P I N G CO. M I N O R L J CO RP MI SS OU RI P O R T L A N D CE ME NT N E S T L E FO OD S CORP O F F I C E BL DG PAST A & C H E E S E INC P I T T S B U R G T E S T I N G LAB PORT L I B E R T E PR O G N O S R O B I N S O N , JB J E W E L E R S INC. S A ND OZ CORP. P R O T E C T I O N CORP. SKK INC. SOUVERAIN CELLARS STELLA CO RP T U YA I N T E R N A T I O N A L CO RP V E L S I C O L C H E M I C A L ' S A G R I - C H E M I C A L DIV. W I T H E R S M A C H I N E W O R K S INC C O N D O M I N I U M BL DG E V E R G R E E N INTNTL (USA) CO RP KPT INC. PL AN T BL DG R O C K Y M O U N T A I N EN ERGY C O / T A I W A N POWER JV A & M I N S T RU ME NT S A D /S AT A E R O S E R V IC ES I N T E R N A T I O N A L INC. AGB T E L E V I S I O N R E S E A R C H OF LO NDON A I R B U S INOS. OF NO. AM ERICA A I R C O I N DU ST RI AL GA S E S A I R C O I N DU ST RI AL GASES AL T E C H SP EC IA LT Y STEEL CORP A L L I E D C O L L O I D S INC A M E R I C A SE RVICE CORP. A M E R I C A N BABY INC. AN A T E C LABS INC A N D E R S E N I N S T RU ME NT S INC. A P P L I E D R E S E A R C H LABS. INC. A R CO 'S OI L / G A S P R OP ER TI ES ARRA Y T E CH NO LO GY INC. ASHLEY, LAURA A S S O C I A T E D P R OD UC TS INC AT HENA i n t l BA CK ER & S P 1 ELVOGEL BA XTER TR AV E N O L ' S FLINT DIV. BAY F I N A NC IA L CORP BL YT HE INDU ST RI ES INC BRASSEIRE B R I G H T S T A R C O M M U N I C A T I O N S OF AMERICA B R U S H CREEK M I N I N G & DE V CO INC B R U S K I N ASSOCIATES. R. H. RE NO WASHINGTON TU S C O N CH A R L O T T E DE NV ER GREENWICH AMHERST NV DC AZ NC CO CT NY VA OH MO NJ IL NY PA NJ CA OH IL IL CA NY FL IL GA NY NJ IN KY AZ NY CA NJ MO VA FL IN NY VA FL NY CA GA NY TX CA NC NY MA NY IL MA NC GA CA CA NJ 1311 701 1 7011 701 1 3241 4899 3679 441 1 2034 3241 2023 *♦ * * 2098 7393 **** 7392 5944 2879 7372 2084 2519 4712 2879 3559 **** 44 1 1 3253 **** 1094 3825 4899 4582 7392 5088 5161 28 13 3312 2869 7213 2721 7391 3823 381 1 13 1 1 3679 5999 2391 7999 731 1 2834 6! 1611 5812 4899 1041 7392 CO GE RE SA CR OW N HO TE L CORP N E S T L E SA HEST A GR O U P H O L D E R B A N K FINANC IE RE INTERLINK BU SI NE SS & CO MM U N I C A T I O N S SERV KI STLER IN ST RU ME NT E AG M E D I T E R R A N E A N SH IPPING CO. NE ST LE SA H O L D E R B A N K FI NANCIER GL AR IS NE ST LE SA FI DINAM NE STLE SA INSP EC TO RA TE INT'L SA SPERRY CORP. S C H W EI ZE RI SC HE BA NK GE S E L L S C H A F T STAHEL, OL IVER MA RT IN SANDOZ LTD HAEFNER, WALTER NESTLE SA STELLA SA DANZAS LTO SANDOZ LTD GE BRUDER SULZER AG SHENG RA I N B O W EE NT ERPRISES CHANG, Y.F. CHEN, HENRY KUO, TIMOTHY ET AL RE PU BL IC OF CHINA, GOVT OF HA WKER SIDDELEY GROUP PLC MAXWELL, ROBERT PROJECT BOND LTD. AGB R E SE AR CH PLC B R IT IS H AEROSPACE PLC BOC GROUP PLC BOC GROUP PLC RIO TINTO - ZINC PLC,THE AL LI ED COLLOIDS GROU P PLC ME RC UR Y SECURITIES PLC REED INTERNATIONAL PLC OCEAN TRANSPORT TRADING PLC TACE PLC FISON PLC LONHRO PLC IMPERIAL CHEMICAL INDUSTRIES PLC ASHLEY. LAURA DAWSON INTL PLC ATHEN INTL SAATCHI BROTHERS BOOTS CO. PLC. THE COUNTRY AND NEW TOWN PROPERTIES ALFRED MCALPINE PLC STARR, RINGO BRIGHTSTAR CO MM UN IC AT IO NS LTD. BALL, IAN G. ET AL ASSOC. NEWSPAPER HO LDINGS PLC sz SZ sz sz sz sz sz sz sz sz sz sz sz sz sz sz sz sz sz sz sz sz TW TW TW TW TW UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK CLEVELAND J E F F E R S O N CIT P A RA MU S CHICAGO L . I S L A N D CITY PI TT S B U R G CAVE N POINT M E N L O PARK CL E V E L A N D C H IC AG O CHICAGO GEYSERVILLE MIAMI C H IC AG O AUSTELL F L US HI NG J ERSEY CITY BLOOMFIELD HILLSBORO R O C K V I L L E CT. LOS AN GE LE S TE TE R B O R O RESTON DU NKIRK SUFFORK MIAMI SANTA ROSA R O CH ES TE R SAN JOSE NEW YORK NEW YORK D E ER FI EL D BOSTON CH AR LO TT E AT LANTA LOS AN GELES AU BU RN N E W B R UN SW IC K TY VALUE El RE RE AM AM OT PE OT AM AM OT RE AM AM RE OT AM NP AM AM PE AM AM AM RE OT NP RE JV AM AM El OT OT OT NP AM PE AM AM AM AM AM AM AM OT AM OT AM AM AM AM OT OT AM AM 0.1 60.0 6.6 100.0 . 1 .1 . 100.0 56.3 25.0 300.0 . 16.2 12.5 0. 1 225! 0 6.2 . o US F I R M NA ME GO NA . . . 9.8 . 9.5 66.0 90.0 30.0 . 50.0 555.0 2.0 5.7 1986 F O R E I G N O I R E C T NA UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK I N V E ST ME NT TRANSA CT IO NS , US FI RM N A ME B U D ' S D E EP O I S C O U N T D R UG STORE B U I L D E R A M A INC. BURBERRY L T D . B U S I N E S S IN TE R N A T I O N A L CORP. C A PI TA L CO MM O D I T Y D E AL ER S (USA) INC. CE L A N E S E SPECIAL R E SI N INC. CHI NOE VI LLAGE CLANCY, SHUL MA N & ASSOCS. C L OW CO R P ' S WA TE R MA NA G E M E N T DIV. CO A S T A L STATES BLDG CO LU M B I A C E ME NT CO. INC. CO MP L E T E POST P R O D U C T I O N & POST PARTNER C O M P O S I T I O N SY STEMS INC C O M P U C O L O R I N T E RN AT IO NA L CO M P U T O N E SY STEMS INC. CO UN TR Y TOWERS R E S T A U R A N T S CO UN TY S E CU RI TI ES CORP USA D 'A L L A I R O 'S D'ALLAIRD'S D 'A L L A I R D 'S O A N C E R - F I T 2 G E R A L D - S A M P L E H O L D I N G S INC. DA NZ AR I N VE ST ME NT GR OU P O A Y T R O N I C I N S T RU ME NT SYSTEMS CORP D E AL ER S DI GE ST INC DELLA FE RM IN A T R A V I S A N O & PARTNER D E N H O L M A G E N C Y INC. USA D O W C H E M S P O L Y O L E F I N WIRE & P O LY ME RS DR PEPPER CO E-H EL E C T R O N I C S INC. (E H E ) ELECTROTECH E N G L I S H HE R I T A G E E S Q U I R E M A G A Z I N E G R O U P INC F A IR FA X D E NT AL INC. F A I R F I E L D AM E R I C A CORP. F A L C O N STAR F O R S T M A N N - L E F F ASSOC. F R E D E R I C K RO SS CO. G. S C H I R M E R INC. G E N E R A L SHALE P R O D U C T S CORP. G E N W A Y CORP. G I F F O R D H I LL & CO. GIMBELS - PITTSBURG G K N INC. G L A X O INC. G R A F T E L INC G U I L D F O R D I N D U S T R I E S INC H A R D E E ' S FO O D S Y ST EM S INC. H B M C R EA ME R INC. H E A L T H D Y N E ' S AI R S H I E L D INC. H E N R Y J. K A U F M A N ASSOCS. INC. H E R M A N ' S S P O R T I N G G O O D S INC. HOT SAM C O M P A N I E S INC. H U O S O N GROUP, THE ICI A D V A N C E D M A T E R I A L S ICI A M E R I C A I N T E R A C T I O N S Y S T E M S INC. * COMPLETED, BY COUNTRY LOCATION SAVANNAH CH IC AG O LOUISV IL LE LE XINGTON WE S T PORT JACK SO NV IL LE A T LANTA NEW YORK EL MS FO RD ATLANTA N E W YORK LE XI NG TO N DA LL AS MIAMIBURG N E W YORK NEW YORK NEW OR LEANS MIDLAND DA LL AS FR EMONT NE W YORK NEWARK W. PA LM B E A C H N E W YORK DE NV ER NEW YORK J O HN SO N CITY CHICAGO IRVING R E S C H TRI PK EL M S F O R D GUILDFORD RO C K Y MO UN T N E W YORK WASHINGTON CARTERET SK OK IE FAYETTEVILLE NE W T O N V I L L E TS SIC FOREIGN INVESTOR TY VA GA NY NY IL KY KY CT FL GA NY CA NY NC GA FL NY NY NY NY TX TX OH NY NY LA MI TX CA NY TX NY FL NJ. FL NY CO NV TN IL TX PA NC NC NV ME NC NY PA DC NJ FL IL NC PR MA 5912 521 1 5651 2731 62 2851 **** 7392 2899 *** * 2891 7819 3555 2754 5999 5812 62 5399 5399 5399 7311 62 3825 2721 731 1 4463 2869 2086 3679 3674 5944 2721 5086 2879 1311 62 6531 2741 3251 7512 3273 531 1 3714 7392 5081 2221 5812 731 1 50 86 731 1 5941 5812 5031 2821 2819 3672 BAT INDUSTRIES PLC WA RD WHITE GROUP PLC GREAT UNIVERSAL STORES PLC DI CK EN SO N TRUST LTD, THE CAPITAL COMMODITY DEALERS, LTD. RIO- TI NT O ZINC CORP PLC BR ITISH MI NI NG PENSION FUND SAATCHI BROTHERS UK, GOVT OF LINDHOLM, M. ET AL UK, GOVT OF BAT INDS. PLC DE LARUE CO PLC, THE MAXWELL. ROBERT FORMAT INTL TAYLOR W O OD RO W PLC NATL W E ST MI NS TE R BANK PLC MARKS & SPENCER PLC MARKS & SPENCER PLC MARKS & SPENCER PLC SAATCHI BROS. WETTREICH, SAMUEL HA WK ER SIODELEV GROUP PLC MAXWELL, ROBERT WCRS HOLD IN GS PLC DE NHOLM GROUP UNITED KINGDOM. GOVT OF CADBURY SCHWEPPES PLC DATRON INSTRUMENTS PLC UN IT EC H PLC EN GLISH - HE RI TA GE HA RMSWORTH, EDMUND CECIL FA IRFAX DE NT AL LTD WE L L C O M E F O U N DA TI ON PLC FA LC ON STAR LTD GU IN NE SS PEAT GROUP, THE P & 0 STEA M NA VI G A T I O N CO. MUSIC SALES CORP. M A RL EY PLC DRAYCOTT, DEREK W. BE AZ ER (HOLDINGS) PLC CH BAT INDS. PLC GUEST, KEEN & N E T T LE FO LD S PLC GL A X O HO L O I N G S PLC GR A F T E L LTO DEBRON IN VE STMENTS PLC BAT INDS. PLC WCRS G R O U P PLC V I CK ER S PLC SH AN DW IC K PLC DEE CORP. PLC. THE ROWNTREE MACKINTOSH BUNZL PLC IM PERIAL C H E M I C A L INDS. PLC IM PERIAL CH EM I C A L INDS. PLC HATVANY, BELA R. OT AM OT AM OT AM RE AM AM RE AM AM AM EI AM AM OT OT OT OT AM AM AM AM AM JV AM AM AM NP OT EI OT AM OT AM AM AM AM AM AM OT PE PE OT PE AM AM AM AM AM AM PE NP EI VALUE 5.7 138.0 6.0 2.0 12.0 20.0 22.0 . 20.0 . . 0. 1 . 40.0 65.0 124.8 0.7 2! 5 . 100.0 7.0 94.0 . 275.0 . . . 95 !o 8.0 50.0 57.0 8.2 410.0 20.0 32.5 . . • >986 F O R E I G N D I R E C T I N V E S T M E N T TR AN SA C T I O N S , CO MP LE TE D, BY C O U N T R Y NA US F I R M N A M E LO C A T I O N TS SIC FO R E I G N INVESTOR UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK Uk UK l)K UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK IPCO CORP. (DENTAL DIV) J & W S C I E N T I F I C INC J A CK SO N NATL. LI FE IN SU RA NC E CO. KA IS ER A L U M I N U M & C H E M I C A L CORP. K A T A L C O CO. KE NC O INDS. INC. K E T C H U M PU B L I C R E L A T I O N S I N T E R N A T I O N A L KI NG OF S H E F F I E L D KN O W L E D G E B A S E D T E C H N O L O G I E S INC LASER FOR M E D I C I N E INC. LEGAL TIMES, THE LEHRER/MCGOVERN LEO FLEUR L I B B E V - O W E N S FO R D ' S GLAS S L I F E T I M E CORP LO N D O N & C O N T I N E N T A L BANKERS. LTD. LONE STAR INDS. INC. LU C A S C A R E L L O L I G H T I N G INC. M & H S P O R T I N G G O O D S INC. MEMPHIS DOWNTOWN M I L L C R E S T P R O D U C T S CORP M O N S O O N SHOP M O O G - L O T U S S Y ST EM S INC. N A T I O N A L WAX CO. NE W A M E R I C A N LI BR AR Y NI CO R M I N E R A L V E N T U R E S INC NMR C E N T E R S INC. N O R C LI FF THAYER INC. O H M E D A (OHIO MEDI CA L) OLMSTEAD BLDG O N T A R I O ME T A L SU PP LY INC. OP US INC O R A N G E - C O INC O T T A W A SILICA CO PACE A D V E R T I S I N G AG EN CY PA RK ER PEN' S W R I T I N G DIV. P E R R Y - T A L A R I C O COS LTD P H A L O ' S O P T I C A L SYSTEM DIV. P I T T S B U R G C L A S S W O R K S INC P O S I T I O N S INC. P O S S U M TROT CORP P O T A S H CO. OF AM ER IC A INC. POWER C O N V E R S I O N INC. P O WE RT EC INC P R O V I D E N C E G R A V U R E H O L D I N G S INC. PR U F R O C K R E S T A U R A N T S INC. PU RI NA M I L L S INC RA ND PUBLIC R E L A T I O N S INC. RA N G E ROVE R OF NO. AMERICA RE A D - M O R E PU B L I C A T I O N S INC RE C K L E S S R E CO RO S REECE CORP. (THE) RE IC H E R T SC IE NT IF IC INSTS. DIV. RE LI A N C E FUSE DIV RICE T R AI LE RS LTD. R I C H A R D S ME D I C A L CO. W H I T E PL AI NS NY CA MI CA IL GA CA NY PA NY NY NY NY OH NY NY VA MI UT NY NY TX NJ IL NY CO CA NY MO DC NY PA FL IL NY WI CO CA PA MA KY CO NJ CA RI TX KY NY MD CA CA MA NJ IL MD TN 3841 381 1 63 3353 2819 2819 7392 5944 7372 7391 2711 1542 8221 3211 8081 621 1 3272 5013 5699 **** 0161 5611 7372 2899 2731 1099 8071 2834 3842 **** 5051 7372 0174 1446 731 1 3951 1522 3662 7372 7361 2335 1474 3692 3679 2754 5812 2075 7392 5012 27 5733 3636 381 1 3613 3715 3842 W C A N N I N G PLC FI SON PLC PR UO E N T I A L CORP. PLC CLORE, ALAN IMPERIAL CH EM I C A L INDS. PLC C O OK SO N G R OU P PLC LOPE X PLC M A C L E A N , CH RI S T O P H E R UN IS ON PLC PI LK I N G T O N BROS. PLC H A R M S W O R T H , E D MU ND CECIL P&O & 0 STEAM. NA VI G A T I O N CO PE AR SO N PLC PI L K I N G T O N BROS. PLC R A M S D E N TE RE NC E P.. ET AL LO NDON & C O NT IN EN TA L B A N K E R S , LTD. TA RM AC PLC LUCAS INDS. PL C/ C A R E L L O INDS. ITALY DEE CORP PLC BR I T I S H LAND A B I N G W O R T H PLC ET AL M O N S O O N FA SH IO NS H O L D IN GS LTD GR O U P LOTUS PLC UK, GOV'T OF DI CK E N S O N TRUST LTD COST AI N GR OU P PLC RAMSDEN, TERRY BE E C H A M GROUP PLC BOC GR OU P INT'L GR OS VE NO R INTNTL AMARI PLC UNISON PLC A S S O CI AT ED FISHERIES PLC RIO TINT O - ZINC CORP PLC WPP GROUP LTD. JAQUES MA RG RY & PETER KIBBLE ET AL B R IT IS H & C O M M ON WE AL TH SHIP. CO PILK IN GT ON BR OTHERS PLC UN IS ON PLC BLUE ARROW PLC ASHLEY FAMILY RIO TINTO-ZINC CORP. PLC HAWKER SIDDELEY GROUP PLC LOW & BONAR PLC MAXWELL, ROBERT UNIG AT E PLC UN IT ED KINGDOM, GOVT OF SHANDWICK PLC UK, GOVT OF JOHN ME NZ IE S PLC TAYLER. CHARLES CAMELLIA INVESTMENT LTD. CAMBRIDGE INSTRUMENT CO. PLC HAWKER SIDDELEY GROUP PLC BSM H O LD IN GS LTD. SMITH & NEPHEW ASSOC. COS PLC LANSING OA K L A N D ALPHARETTA SAN JOSE NEW YORK CORAOPOLIS HA U U P P E NEW YORK N E W YORK N E W YORK TO LE DO NEW YORK NEW YORK TROY SALT LAKE CTY NE W YORK NE W YORK CH I C A G O N E W YORK DE NV ER NE W P O R T BCH TA RR YT OW N CO LU MB IA WASHINGTON B U FF AL O PI T T S B U R G L. H A M I L T O N OT TAWA NEW YORK J A N E SV IL LE DENVER SIMI VA LL EY PI TT SB UR G BOSTON MCKEE DENVER ELMWOOD PARK CH AT SW OR TH PROV ID EN CE DALLAS LO U I SV IL LE NEW YORK LANHAM PALO ALTO WA L T H A M MO RR IS PLAINS CH IC AG O M E MP HI S TY AM AM AM AM El AM JV OT AM El AM RE AM AM AM OT AM OT AM RE AM OT JV AM AM AM AM AM NP RE AM AM AM AM AM AM AM AM AM AM AM AM AM AM AM AM AM AM NP AM OT El AM AM NP AM VALUE 10.4 608.0 13.0 10.5 15.0 70.0 225.0 66! 6 10.0 1 .0 11.0 S.Q 395.0 46.0 10.0 100.0 1 .0 9.3 59.7 152.5 45.0 500.0 . 0.4 1 1 .s 284.0 1986 FORE IG N DI RE CT INVE ST ME NT TR ANSACTIONS. COMPLETED, * **** ** ** ** ** ** ** *** ** ** ** ** ** ** ** *** ** ** ** ** ** ** ** *** ** ** BY COUNTRY NA US FIRM NAME LOCATION TS SIC FOREIGN INVESTOR TY VALUE UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK UK uV UK UN UR VE YO RJR'S SOFT DRINK SUBS R O B E R T S H A W CONT RO LS CO. R O C K PO RT CO. ROYAL OR D I N A N C E INC. RUDC O INDU ST RI ES INC SAFE TR AN SYSTEMS CORP. SAKS FIFT H AVE. SANGATE CORP SCM CORP. SECU RI TY TAG SYSTEMS INC SOHIO PE T R O L E U M CO'S WELLS S P A L DI NG SERVICES INC. SQUARE D'S ELEC HE AT MFG FACILITY STAR -T EX CORP. S T E R LI NG E X TR UD ER CORP. SUNMARK INC S W E D L O W INC TA VILLA P. CO INC TEB BATES W O R L D W I D E INC. TE C H N I C A L P U B L I S H I N G CO. T E M P O R A R I E S INC. T E XA PO L CORP. T R A D I T I O N N O RT H AMER IC A INC T R A N S G L O B A L LINES LTD. T R A V E L O D G E INTNTL INC TR IT ON ENERGY CORP U N IO N CA RB I D E ' S S P EC IA LT Y PRODUCTS U N I T E D PA CK IN G USI - FILM P R O D UC TS UT AH CO PP ER D I VI SI ON WEBB CO. WE I D EN FE LD & N I CO LS ON W E I G H - T R O N I X INC W E I N S C H E L E N G I N E E R I N G CO. W E S T E R N MOBL E INC. WHAT TO BUY FOR B U SI NE SS YS & W / CH ZIFF CO. I N C ., THE Z O N D E R V A N CORP. OF F I C E B L DG AE RO F L O T CITG O P E T R O L E U M CORP. L J U B L J A N S K A BANKA A S S O C I A T E D BANK ATLANTA RI CHMOND MA RL BO RO AL EXANDRIA PARAMUS M I N N EA PO LI S NEW YORK NEW YORK NEW YORK ST P E TE RS BU RG GA VA MA VA NJ MN NY NY NY FL AK KV IL MN NJ MO CA FL NY NY DC PA CA TX CA TX CT CA TX UT MN NY MN MD CO NV CT MA MI NY VA TX NY 2086 3822 3143 5099 2782 3662 568 1 551 1 2816 3662 13 11 7213 3613 3079 3559 2065 3079 5 148 73 1 1 272 1 7361 2821 61 44 1 1 701 1 13 11 2899 0723 3861 102 1 272 1 2731 3576 891 1 327 1 2721 7392 5113 2731 **** 45 1 1 291 1 60 CADBURY SCHWEPPES PLC SIEBE PLC ROBE RT STEPHENS HOLDINGS LTD. ROYAL ORDINANCE PLC METAL BOX PLC HAWKER SIDDELEY GROUP PLC BAT INOS. PLC BRITISH CAR AUCTIONS GROUP PLC HANSON TRUST PLC AUTOMATED SECURITY (H L D G S ) PLC UNITED KINGDOM, GOVT OF BRITISH ELECTRIC TRACTION PLC MARLEY PLC BOWATER CORP. PLC BAKER PERKINS PLC ROWNTREE MACK IN TO SH PLC PILKINGTON BROS PLC ALBERT FISHER GROUP P L C ,THE SAATCHI BROS REED INTERN ATIONAL PLC BLUE ARROW PLC COOKSON GROUP PLC TRADITION GROUP, THE CO NT AI NE RW OR LD INT'L HO LDING PLC TRUSTHOUSE FORTE PLC UNITED KINGDOM, GOVT OF MORGAN CRUCIBLE CO PLC CHRISTIAN SALVESEN LTD. LOW & BONAR PLC. UNITED KINGDOM, GOVT OF MAXWELL, ROBE RT WELDENFELD, GEOR GE STAV ELEY INDUSTRIES PLC LUCAS INDUSTRIES PLC REDLAND PLC DERRICK, JOHN + O P P E N H E I M , PHILLIP SAATCHI BROS. A LBERT FISHCHER GROUP PLC, THE MORAN, CH RISTOPHER J. UN ID EN TI FI ED INVESTOR SOVIET UNION, THE VENE ZUELA, GOVT OF LJ UBLJANSKA BANKA A S SO CI AT ED BANK AM AM AM OT AM El PE El El AM OT AM AM AM AM AM AM AM AM AM AM AM OT OT AM El AM AM AM OT AM JV AM AM JV OT PE AM AM RE OT AM OT 230.0 468 .8 43 .6 ST. PAUL NEW YORK FA IRMONT GAITHERSBURG DENVER WEST BO YL ST ON GRAND RAPIDS V O OR HE ES TWSP NEW YORK 8.5 o EL COHA JO N DALLAS D A NBURY SANGER TYLER 699.6 0 .8 GO LO UI SVILLE PA LATINE LAKEVILLE S. PLAINF IE LD ST LOUIS GARDEN GROVE MIAMI NEW YORK NEW YORK WA S H IN GT ON BE TH LE HE M LOS AN GELES 13.9 30.0 230 40 30 450 250 .0 .5 .0 .0 .0 25 .0 15.0 220 .0 117.3 19.4 10.4 35 .0 20.0 4.5 4 .6 540.0 • -101- APPENDIX C LIST OF INVESTMENT TRANSACTIONS by STATE LOCATION 1986 F O RE IG N D I R E C T TS AK AK AK AK AL AL AL AL AL AL AL AL AL AR AZ AZ AZ AZ AZ AZ AZ AZ AZ CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA INVEST ME NT S T R A N S A C T I O N S ,C O M P L E T E D ,BV US FI R M NAME SIC FOREIGN INVESTOR ASEA B A BC OC K PFBC C O N C O R D I A OF BELLA VIST A D I L L A R D DEPT. STORES INC. SOHI O P E T R O L E U M CO'S W E LL S SUNEEL ALASKA CO RP 'S COAL TE R M I N A L B I O L O G I C A L C O N S U L T A N T S INC. O E G U S S A CORP. IN TE R N A T I O N A L PARK JVC A M ER IC A INC. PASQ UA LE FO OD CO INC SHELL O F F S H O R E INC. T H E R M A L E X INC. ULTRA FO RM CO U L T R A F O R M CO. OM EG A TUBE & CO ND UI T CORP AR IZ ON A TEST CE NTER INC. G E N ELECT CO'S GR W E S T E R N SILICON PLANT H O ME FE DE RA L TOWER HOTE L O F FI CE BLDG PH EL PS DODGE CO PPER MI N E S (2) RO CK Y M O U N T A I N ENERGY C O / T AI WA N POWER JV S H OP PI NG CE NT ER S S T AN DA RD A E RO W E S T E R N DIV A T & T B L DG ABEL. RO B E R T & AS SO CS A D /S AT ADIA SERV IC ES A D V A N C E D G E N E T I C SC IE NC ES INC. A G R I C U L T U R A L EXPORTS OF CALIF INC ALL NI P P O N A I RW AY S AL LE N & D O R W A R D A D V E R T I S I N G A M E R I C A N AVK AMTE X INC A N AT EC LABS INC A P P L I E D M O L E C U L A R T E CH C O RP 'S AS S E T S A R C O PLAZA AR RA Y TE C H N O L O G Y INC. B R I G H T S T A R C O M M U N I C A T I O N S OF A M ER IC A B R U S H CREE K MIN & D E V - C O N S O L G O L D M I N I N G B R U S H CR EE K M I N I N G & DEV CO INC B U R L I N G T O N AIR E X P R E S S B L D G C .I T O H / H O L I D A Y INNS JOIN T V E N T U R E C A D I L L A C F A I R V I E W I N DU ST RI AL DEV. CO. C A L I F O R N I A STEEL I N D U ST RI ES C A LM AR INC, C A L S O N I C INT'L INC. C A M B R I D G E SY ST EM S C A T H A Y P A CI FI C A I R W A Y S CH A S E PLAZ A CHIRON/CIBA GEIGY C H I R O N ' S H S O O DIV. CHURCH UNIVERSAL & TRIUMPHANT C I B A - G E I G Y CORP. CLARINO AMERICA CORP C O A S T SA V I N G S B L DG 4925 8051 5311 1311 4463 0091 2819 **** 3679 2051 1311 3443 3079 2821 3317 7391 2819 **** 7011 ♦*** 1021 1094 **** 4582 **** 7814 4099 7362 2831 5145 4 5 11 7311 5051 221* 7391 3499 **** 3679 48 99 1041 1041 **** 7011 1541 3312 3563 3505 7372 4511 **** 7391 5161 6221 5161 51 33 **** ASEA AB CR OW NX INC. V E ND EX INT'L BV UNITED KINGDOM, GOVT OF SUN EEL SH IP PI NG CO. AGRA INDUSTRIES LTD. DEGUSSA AG POLAR CO NS TR UC TI ON CO. M A T S US HI TA EL ECTRIC IND. CO. LTD. JOHN LABATT LTD ROYAL OUTC H SHELL GROUP MITSUBISHI A L UM IN UM CO. LTD. DEGUSSA AG BASF AG /O EG US SA AG S U MITOMO METAL INDUSTRIES LTD NISSAN MOTOR CO. LTD. NIPPON KOKAN KK BCE D E VE LO PM EN T CO. NESTLE SA CAN-ALTA PR OP ER TI ES LTO. S U MITOMO CORP. REPUBLIC OF CHINA. GOVT OF MANN, GE OR GE FEDERAL INDUSTRIES MITSUI REAL ESTATE DEV CO OM N I B U S C O M P UT ER G R AP HI CS INC. MAXWELL. RO BE RT PESTALOZZI, MA R T I N 0. AB CARDO D Y NATEC INTL LTD A LL NIPPON AI R W A Y S CO. LTD. M O J O LTD. AVK SCAN WASS GR O U P HAYASHI TE LE MP U CO LTD OC EA N T R AN SP OR T T R AD IN G PLC B O LI DE N AB SHUWA CORP IMPERIAL CH EMICAL IN DUSTRIES PLC B R I G H T S T A R C O M M U N I C A T I O N S LTD. C O N S O L I D A T E D G O LD MI N I N G AREAS NL BALL, IAN G. ET AL MITSUI REAL ESTATE DEV. CO. C. ITOH & CO LTD C A DI LL AC F A I R V I E W CORP. LTO. KAWASAKI STEEL CORP I N VE ST ME NT BE IJ ER AB N I S S A N M O T O R CO. LTD. HAEFNER, W A L T E R C A TH AY H O L D I N G CO SHUWA CO PR P C I BA G E I G Y AG PH A R M A C I A AB SOKA GAKKAI INT'L C I B A - G E I G Y LTD. KURARV CO LTD ET AL L O NG TE R M C R ED IT BANK NA TV sw JV AM El OT OT AM PE RE OT AM OT JV OT NP PE NP AM RE RE RE AM JV RE OT RE AM AM AM AM NP OT AM OT NP AM AM RE AM OT JV AM RE JV OT El El OT AM OT RE JV JV AM OT OT RE CA NL UK KS CA GE FI JA CA NL JA GE GE JA JA JA CA sz CA JA TW CA CA JA CA UK SZ SW JA JA AS DA JA UK SW JA UK UK AS UK JA JA CA JA SW JA SZ HK JA SZ SW JA SZ JA JA VALUE 6.4 17.0 60! 0 . 30.3 151 .9 . 70.0 70.0 5.0 25.0 16.0 70.0 60.0 75.0 18.0 9. 1 10.0 12^2 90.0 . . . 625! 0 . . 5! 7 26.5 22.0 . 12.6. 2.0 125.0 . 15.5 . . 23.0 1986 F O R E I G N DI R E C T IN V E S T M E N T S T R A N S A C T I O N S , C O M P L E T E D . B V US F I RM NA ME SIC F O RE IG N INVESTOR CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA C O M P L E T E POST P R O D U C T I O N & POST P A RT NE R C O N T I N E N T A L PA CI FI C CORP. CO R D U R A CORP. C O U N T E R P O I N T C O M P U T E R S INC. CXC CO RP CVBERDISK O A T A C O P Y CO RP D A T A M E T R I C S CORP. D O W N E Y SA V I N G S & LO AN B L DG E- H E L E C T R O N I C S INC. (EHE) EL PASO CA NT I N A S E L IT E C I R C U I T S INC E M E R A L D - S H A P E R V CE NT ER EM ET T & C H A N D L E R COS, INC. EMF CORP E V ER ES T & J E NN IN GS INC. EX CE L M I C R O E L E C T R O N I C S INC. F I GU ER OA TOWER F O O T H I L L R E S E A R C H INC. F O RT UN E SY ST EM S CORP G I NZ A KI M U R A Y A BA KE RY CORP. G L O R I A FE RR ER CH AM P A G N E CA VE S H A N JIN C O N T A I N E R LINES H A N J I N CO N T A I N E R LINES H I H P R O D U C T S CORP HI TA CH I C O N S U M E R P R O D T S OF AM ER IC A H O N G KO NG ISLANDS LINE AM ER IC A H O U S E FOODS & YA MA UC HI INC. HOYA E L E C T R O N I C S CO RP HY UN DA I M O T O R S AM E R I C A IDEA BA NK CO. I N D U ST RI AL PARK IN DU ST RI AL PARK (LAND) IN TE R M E D I C S I N TR AO CU LA R INC. IN TE R N A T I O N T R A N S P O R T A T I O N SERVICE (ITS) I N T E R N AT IO NA L H I G H T E C H N O L O G Y CORP I N T E R N AT IO NA L IMMUNO LO GY CORP. J & W SC IE N T I F I C INC J A PA NE SE R E S T A U R A N T S K. H. IN DU ST RI ES KAISER A L U M I N U M & C H E M I C A L CORP. KA IS ER IN TE RN AT IO NA L K E I H I N SEIKI M F G CO. K E N W O O D USA CORP. K E T C H U M PUBLIC R E L A T I O N S I N T E R N AT IO NA L K O MA TS U E L E C TR ON IC M E T A L S INC. K R I S - T E C H CORP K Y OT AR U R E ST AU RA NT KYOWA AM ERICA CORP LACHEMINEE RESTAURANT LAND LAND (6 ACRES) M A R C H PIPE MAZDA MOTO R CORP. MA Z D A MO TO RS OF AM ER IC A M E D A S O N I C S INC 7819 1041 2741 3573 3661 3573 3861 3573 ♦ *** 3679 5812 3679 **** 63 3579 3842 3674 ***♦ 7391 3573 5462 2084 44 11 441 1 2032 3651 441 1 5812 3573 5012 7392 **** *♦** 3841 401 1 3479 2831 381 1 5812 2661 3353 4463 5012 5065 7392 5081 3551 5812 3662 5812 B AT INDS. PLC CUMO R E S O U R C E S LTD. T H O M S O N FAMILY KY OC ER A CORP. SONY CO R P ET AL A L C A N A L U M I N U M LTD. M U T U E L L E S UNIES, LES O R A N J E - N A S S A U GR OE P BV SHUWA I N VE ST ME NT S CORP DA TR ON I N ST RU ME NT S PLC KY OT AR U CO. LTD. B R O N F M A N FA MI LY TR US TS TO KU YU GR O U P JA RO IN E M A T H E S O N HOLDINGS, LTD. B U H R M A N N - T E T T E R O D E NV BRIERLEY, RO NA LD ET AL RO HM CO. LTD. SHUWA CORP C O MP UT ER SO FTWARE OR GA N I Z A T I O N FRANCE, GO VT OF K I MU RA YA B A KE RY CO. LTD. F R EI XE NE T SA HAN JIN TR AN S P O R T A T I O N CO. LTD. HAN JIN TR A N S P O R T A T I O N CO. LTD. JAPAN PH AR M A C E U T I C A L DEVELOP. CO. LTD HITACHI LTD H O N G KONG ISLANDS SHIP PI NG CO. LTD. HO U S E FOOD IND. CO. LTO HOYA CORP HYUNDAI M O TO RS CO LTD IDEA BANK CO LTD. MITSUI REAL EST DEV CO LTD MITSUI REAL ESTATE DEV CO P H ARMACIA AB KAWASAKI KISEN KAISHA LTD. ULVAC CORP NITT O BOSEKI CO LTD FI SON PLC JAPANESE O V ER SE AS INVESTMENT CORP. K. H. INDUSTRIES CLORE, ALAN KAWASAKI STEEL CIOR KEIHIN SEIKI MF G CO. LTD. T R I O - K E N W O O D CORP. LOPEX PLC KO MA TS U LTD. SHIBUYA KOGYO CO LTD KYOTARU CO. LTD. KYOWA ELECTRIC 8. CHEMICAL CO LTD SONOTEL INC. C A R U SC AN CORP. RAFFLES HOTELS AND INNS H O L M E S A COURT, ROBERT MAZD A MOTOR CORP. MAZDA MO TO RS CO. LTD. SETTSU P A PE RB OA RD MF G CO LTD CA CA CA CA CA ♦ *** 5051 7392 5012 3693 NA TV UK CA CA JA JA CA FR NL JA UK JA JA JA HK NL NZ JA JA JA FR JA SP KS KS JA JA HK JA JA KS JA JA JA SW JA JA JA UK JA AS UK JA JA JA UK JA JA JA JA FR CA CA AS JA JA JA AM AM EI AM AM EI AM AM RE AM OT AM RE AM AM AM AM RE AM AM OT OT OT OT NP PE OT OT OT OT OT RE RE AM OT NP AM AM OT NP AM AM OT OT JV OT AM OT NP AM RE RE AM NP OT AM VALU E 222.0 4.0 0.8 26.0 0.7 115.0 65.0 13.3 5! 7 35.0 9! 0 2 .1 4.0 16.7 17.0 68.0 1 .3 10.4 13.0 0.8 0.4 3.0 17.2 11.2 15.0 103 - TS 1986 FO R E I G N D I R E C T IN VE ST ME NT S T R A N S A C T I O N S ,C O M P L E T E D .BV TS CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA US FIRM NA ME SIC FO RE IG N INVESTOR NA TV M E R K S A M E R JEWE LE RS M I C R O FIVE CORP M I L L I K E N B U S I N E S S CE NT ER MITSUI CO M T E K C O R P M O T O R N E T I C CORP. N V E, INC. N A A C - N O R W E I G A N C H AM BE R OF C O MM ER CE NABI S C O 'S FL E I S C H M A N N YEAS T N I P P O N GAKKI CO. NI P P O N JI RYOKU SE NK O CO. N I S S A N DE SI GN INTL ST UD IO NMR CE N T E R S INC. N O L E X CORP. O A K L A N D HYAT T R E G E N C Y O F F I C E B L DG O F F I C E BLDG OF F I C E B L DG OF F I C E BL DG O F FI CE BL DG O F FI CE BLDG. OF F I C E BLDGS OIL INTEREST O L D RIVE R PA CI FI C AU ST RA LI A D I RE CT LINE INC PA CI FI C TRAFFIC PAPER R E C Y C L I N G FA C I L I T Y P H AL O' S O P TI CA L SY STEM DIV. P H I L L I P S P E T R O L E U M INTE RE ST S PLAZA CO NT I N E N T A L POLA I N T ’L INC. P O W E R T E C INC P R OG NO S PY R A M I D OP TI CA L CO. Q&B FOOD S INC. Q U A R T Z INT'L CORP. R E A D - M O R E P U B L I C A T I O N S INC R E A D I N G & BATES CO R P ' S O I L / G A S IN TE RE ST S R E C K L E S S RE CO RD S R H E O N AU TO M A T I C M C H Y INC. R I C O H E L EC TR ON IC S INC R I D G E VI NE Y A R D S INC R O TO FRAN K OF A M ER IC A INC. SABER T E C H N O L O G Y CORP. S A M S U N G S E M I C O N D U C T O R INC SANGER STEEL CORP. SANY O SC I E N C E A P P L I C A T I O N S INT'L CO R P ' S A S SE TS SEAL Y F U R N I T U R E - W E S T E R N SE I N O T R A N S P O R T A T I O N CO S H I N K O E L E C T R I C CO S H O R E L I N E SQUARE S I LT EC CO RP S M I T H INTL INC S0UVERA1N CELLARS S U BA RU R E S E A R C H & D E S I G N (SRD) S U MI DE N W I R E P R O D U C T S CORP. 5944 3573 •*** 3573 3621 1541 86M 2099 5099 5039 7391 8071 5113 7011 ♦*** ♦*** **** H O OK ER CORP. SA MS UN G EL EC TR ON OEVICES CO LTD WI LM A N .V . MITSUI & CO LTD N I P P O N SEIKO KK DAI NI PP ON CONS TR UC TI ON NO RW E I G A N CHAMBER OF COMMERCE BURNS, PH IL IP & CO. LTO. NI P P O N GAKKI CO. LTD. N I PP ON JI RY OK U SENKO CO. LTD. NI SS AN MO TO R CO. LTD. RAMSDEN. TERRY JAMES HARDIE INDUSTRIES LTD. CHAN, C.F. TODA C O NS TR UC TI ON CO, LTD SHUWA CORP TODA C O NS TR UC TI ON CO LTD SIEMANS AG PENSION FUND ITO-CHU SHOJI PALADIN N .V , TO BISHIMA DEV. CO. N I SS HO IWAI CORP. VERNIS, ED OU AR O BROS. T R A N S A TL AN TI C SHIPPING CO TH OMSON FAMILY SMURFIT FAMILY PI LK IN GT ON BR OT HE RS PLC ROYAL DU TC H SHELL GROUP SU MI TO MO REALTY & DEV CO LTD POLA CO SM ET IC S INT'L LOW & BONAR PLC SC HW EI ZE RI SC HE B A N K GE SE LL SC HA FT SOKKISHA CO. LTD Q.P. CORP. TO SH IB A C E RA MI CS CO. LTD. JOHN M E NZ IE S PLC R OYAL D U T C H SHELL GROU P TAYLER, C H AR LE S R H EO N AU TO MA TI C M A C H I N E R Y CO. LTD. RICO H CO LTD O T SU KA PH AR M A C E U T I C A L CO LTD RO TO FRANK B M W - B A Y E R S C H E M O TO RE N WE R K E AS S A MSUNG ELEC CO LTD DY N A T E I N T E R N A T I O N A L LTD. SANY O CORP A L C A N A L U M I N I U M LTD. U N I V E R S A L FU RN I T U R E LTD TAGUCHI FAMILY SH IN KO ELEC TR IC CO LTD TASEI CORP. ET AL M I TS UB IS HI M E T A L CORP BRIERLEY, RO N A L D ET AL N E ST LE SA FUJI H E A V Y INDS. LTD. S U MI TO MO E L EC TR IC IN DU ST RI ES LTD AS KS NL JA JA JA NO AS JA JA JA UK AS HK JA JA JA GE JA NL JA JA FR SW CA El UK NL JA JA UK SZ JA JA JA UK NL UK JA JA JA GE GE KS JA JA CA HK JA JA JA JA NZ SZ JA JA AM AM RE OT AM JV OT AM OT OT OT AM El RE RE RE RE RE RE RE RE AM OT OT AM AM AM AM RE OT AM OT AM NP AM AM AM OT OT NP AM OT •••♦ *♦** **** 1311 5611 4411 2721 2611 3662 1311 **** 5963 3679 *392 3832 2035 3229 27 1311 5733 3551 2621 2084 5031 3573 3674 3312 252? 3353 2515 4712 5063 **** 3679 3533 2° 6 4 7391 3496 NP NP NP AM AM OT OT RE AM El AM OT PE VALUE o!9 20.0 3.0 130.0 5.0 31 .0 23.0 95.0 40.0 47.5 40.0 8.4 26! 0 10.0 225.0 20.0 0.6 21.2 16^0 90.0 125.0 32.0 2.2 12.5 0. 1 3.0 1986 FO R E I G N D I R E C T I N VE ST ME NT S T R A N S A C T I O N S ,C O M P L E T E D ,.BY re TS US F I RM NAME SIC F O RE IG N IN VESTOR CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CA CO CO CO CO CO CO CO CO CO CO CO CO CO CO CO CT CT CT CT CT CT SU M I T R O N I C S INC. SU NRISE CO SUZUKI OF AM ER IC A SUZUKI SOGY O CORP. SW ED LO W INC TAKARA SAKI USA INC TAMC O TASC O E L E C T R O N I C SRVS. CO. T E C H N I C A L DATA CORP T E L E N E T I C S INC TE X A C O BLDG TOKAI BA NK OF C A L I F O R N I A TO SH IB A INTL CORP. TO YO TA I N D U ST RI AL EN G I N E O P E R A T I O N S TOYOTA M O T O R SALES USA INC. T R A O I T I O N N O R T H AM E R I C A INC T R A V E L O D G E INTNTL INC TR I A D CENTER T S U K A M O T O SE IS A K U S H O CO U N I T E D BA NK UNITED PACKING U N I V E R S A L SA VI NG S B A NK USS - PO SC O IN DU ST RI ES VA L L C O F A S H I O N PARK V E RN ET INC V O I C E M A I L INT'L INC. W A K U N A G A OF A M ER IC A INC. W A L T C O TRUC K EQUIP CO WE S T C O VI NA R E S O U R C E R E C O V E R Y CTR W O R L D TRADE CE NT ER L .A . XI DE X BL OG ZYMOS CORP. 1 100.0 111 SUTTER ST 901 C O R P O R A T E CE NT ER AT L A S A I R C R A F T FBO D O R C H E S T E R CO AL CO. F R E D E R I C K ROSS CO. G O V E R N O R S COURT H O TE L G R E E N M O U N T A I N H E R B S LTD. IDEA BASI C NI CO R M I N E R A L VE NT U R E S INC P E R R Y - T A L A R I C O COS LTO PO T A S H CO. OF A M ER IC A INC. RELA X INN SA RA TO GA M I N E S INC S H O P PI NG CENTER SILVER STATE M I N I N G CORP WE S T E R N MO BL E INC. W O R L D W I D E ENERGY CORP BASF CORP. E N G I N E E E R I N G PL AS TI CS BO E H R I N G E R M A N N H E I M CORP. BURROUGHS' IMAGING SY ST EM S DIV. CA PE WE LL HO RS E NAIL S INC. CLANCY, SH UL MA N & ASSOCS. C O MS TO CK GR O U P INC. 3674 1521 501 2 50 14 3079 2084 331 2 3825 891 1 3662 ***♦ 60 5084 5013 501 2 61 701 1 **** 5023 60 0723 602 3312 *♦** 3674 7399 2834 3537 4931 *♦** **♦* 3674 «**« **** **♦* 5599 1211 6531 701 1 5149 3241 1099 1522 1474 7011 1041 S U MI TO MO CO RP M I TS UB IS HI ES TA TE CO LTD SUZUKI MOTO R CO. LTD. SUZUKI SOGYO GR O U P P I L K I N G T O N BR OS PLC T A KA RA SHUZO CO LTD MITSUI & CO. LTD. RADA E L E C T R O N I C INDS. LTD. T H O M S O N , KENNETH R . K A N E M A T S U - G O S H O LTD HA. DR KHEE ET AL TOKAI BANK, LTD TO SH IB A CORP. TOYOTA M O T O R S CO. LTD. TO YO TA MOTO R CO. LTD, T R A D I T I O N GROUP, THE T R U S TH OU SE FORTE PLC KHASHOGGI, ESSA M T S U K A M O T O S E I S A K U S H O CO LTD FIRST PACIFIC HOLDINGS, LTD. C H RI S T I A N SA LV ES EN LTO. UNIT Y CORP.. LTD. SOUTH KOREA, GO VT OF W E S T F I E L D HO L D I N G S LTD. V E RT EX INC ITALY. GO V' T OF W A KU NA GA SE IY AK U CO. LTD. SMZ INDUSTR1ER AB MITSUI E N GI NE ER IN G & SH IP BL DG CO LTD KAJIMA CORP. SHUWA CO RP DA EW OO CORP. SHUWA IN VE ST ME NT S CORP OR IE NT FINANCE CO LTD KAJIMA CORP JET AV IA TI ON IBN ABDUL, KH AL ED IBN A B DU LL AH P & 0 ST EA M N A VI GA TI ON CO. CHIU FA MI LY BRUNET, ANDRE H O L D E R B A N K FINANCIERS CO ST AI N GR OU P PLC BR IT IS H & CO MM ON W E A L T H SHIP. CO RIO TI NT O - Z I N C CORP. PLC RELAX D E V E LO PM EN T CORP. LTD. HARRIS, EDWARD FIJIYA BL DG CO LTD DOME PE TR OL EU M LTO RE DL AN D PLC CLAREMONT PE TR OL EU M NL BASF AG BO EH RI NG ER M A N N H E I M GM BH FUJI ELECTRIC CO. LTD. M U S T A D INTERNATIONAL GROUP SAATCHI BR OT HE RS SPI B A GN AT OL LE S 1041 3271 1311 2812 5161 3662 3315 7392 1731 NA TY JA JA JA JA UK JA JA El CA JA KS JA JA JA JA UK UK SA JA HK UK AS KS AS JA IT JA SW JA JA JA KS JA JA JA SZ SA UK HK CA SZ UK UK UK CA CA JA CA UK AS GE GE JA SZ UK FR OT RE OT NP AM PE PE AM AM AM RE OT OT OT OT OT AM RE OT AM AM AM JV RE NP AM NP AM JV RE RE AM RE RE RE AM AM AM AM El AM AM AM AM RE AM RE AM JV AM PE PE AM AM AM AM VALU E io!o 40.5 1.3 3.0 14.0 2! 5 3.0 85! 0 15.0 10,2 240.0 78.0 4.0 3.0 17*5 13.4 75! 3 15.0 , 0! 5 100.0 . 9! 3 7.5 0. 1 12 .*Q 35.0 9.4 io!o 20.0 . 2.0 12.0 1986 F O R E I G N D I R E C T TS CT CT CT CT CT CT CT CT CT CT CT CT CT CT CT CT CT CT CT CT CT CT CT CT DC DC DC DC OC DC DC OC DC DC DC DC DC DC DC OC DE DE DE FL FL FL FL FL FL FL FL FL FL FL FL FL I N V E ST ME NT S T R A N S A C T I O N S , C O M P L E T E D , B V US F I RM NAME SIC FOREIGN INVESTOR NA TV C O M S T O C K GR O U P INC. E B R A M O N T NV FO UN DE R PLAZ A G L Y C O INC. G O V E R N M E N T CENTER G T E 'S T E L L E C O M M U N I C A T I O N S BUS INTE RL IN K B U S I N E S S & C O M M U N I C A T I O N S SERV INTNTL CO NT A I N E R C O R P 'S A E RO SO L DIV KCR T E C H N O L O G Y INC KEMIRA INC. M E R R I L L LY N C H COMM. REAL ES TA TE CO MITSUB IS HI M O T O R S CORP. O L I N - A S H A IN TE RC ON NE CT TE C H N O L O G Y PE AB OD Y PR OC ES S SYST EM S INC. P E CH IN EY - CEBAL CORP P E N N I N G T O N P U B L I S H I N G CO PI LO T PEN CORP OF A M ER IC A PRESS, J. INC. SAVIN CORP. SCHOOL BUS CO MP A N I E S (5) UNIO N C A R B I D E ' S SP EC IA LT Y PROD UC TS UNIO N C A R B I D E ' S WL D W D E AG R I . P R D T S DIV. W A LL AC E B A RN ES STEEL D I V I S I O N YS & W / CH ES PL AN AD E FA RR A G U T BLDG GRAND HOTEL HE NR Y J. K A UF MA N ASSOCS. INC. L A F A Y E T T E CE NT ER MA CK E B U I L D I N G SE RV IC ES O F FI CE BL DG OLMSTEAD BLDG ONE T H OM AS C I RC LE PR O T O C O L M E S S A G E M A N A G E M E N T CTS INC. T E M P O R A R I E S INC. W A S H I N G T O N BANK C O R P O R A T I O N 1101 V E R M O N T AVE N.W. 1215 19TH ST. N.W. 1401 N E W YORK AVE N.W. 1750 K ST N.W. AQUALON GROUP CI BA - GEI GY CORP. DE NE MO UR S. E I D U P O N T & CO. A E R O S E R V INTL INC'S A S S E T S AIRCO INDUSTRIAL GASES A M E R I C A S E RV IC E CORP. A M E R I C A N N A T U R A L SN AC KS INC A P A R T M E N T B L DG C L O W C O R P ' S W A T E R M A N A G E M E N T DIV. COMMERCIAL BLDGS C O N S E R V INC. COUNTRY TOWERS RESTAURANTS C O U R V O I S I E R C E NT ER D E S C O R INC. ESS F O O D S F A I R F A X D E N T A L INC. 8911 2835 **** 2087 SCHNEIDER SA MO NT E D I S O N SPA SARACREEK HOLD IN GS S C HW EI ZE RI SC HE A L UM IN UM AG OLYMPIA AND YORK DEV. LTD. SIEMENS AG INTERLINK BUSINESS & COMM UN IC AT IO NS SERV FRANCE, GOVT OF M O OR E CORP LTD FINLAND, GOVT OF HO OK ER CORP LYD MITSUBISHI CORP. ASAHI GLAS S CO. LTD. ASEA AB FRANCE. GOVT OF BO NNIER FAMILY PILOT PEN CO. LTD. K ASHIYAMA CO. LTD. CANADA, GOVT. OF DEGROOTE, MI CH AE L G. MO RG AN CR UCIBLE CO PLC FRANCE, GOVT OF FRIED. GU ST AV THEIS KALTWA LZ WE RK E GM BH SAATCHI BROS. MI TSUBISHI TRUST & BANK. CO ROYAL DU TC H SHELL PENSION FUND CROWN HOTE L CORP SH AN DW IC K PLC MEIJI M U TU AL LIFE INS CO 36 TOKYO ISS - INT'L SERVICE SYSTEM A/S KOKUSAI KO GY O CO GR OS VE NO R INTNTL ASAKI M U T U A L LIFE INS CO BE LL .C AN AD A EN TE R P R I S E S BLUE A R R O W PLC W A S H I N G T O N NATL H O L D I N G D NV N I PP ON LIFE INS CO O J J E H FAMILY MITSUI REAL ESTATE DEV CO S U MI TO MO R E AL TY & DEV CO H E N K E L KGAA CIBA - G E I G Y AG B R O N F M A N FAMILY FFV .FORETAGEN AB BOC G R O U P PLC M E R C U R Y SE CU RI TI ES PLC KO N I N K L I J K E W E S S A N E N NV MAYSVILLE UK, GO VT OF V E S E N A Z H O L D I N G CORP. M O N T E D I S O N SPA TA Y L O R W O O D R O W PLC SWIRE G R OU P GA SL EC LTD. ESS-FOOD F A IR FA X D E N T A L LTD FR IT NL SZ CA GE SZ FR CA FI AS JA JA SW FR SW JA JA CA CA UK FR GE UK JA NE SZ UK JA DA JA UK JA CA UK NA JA SY JA JA GE SZ CA SW UK UK NL NA UK NA IT UK HK SO DA UK AM El RE AM RE AM OT AM AM OT AM PE JV AM NP AM NP AM OT AM AM AM AM PE RE RE RE AM RE AM RE RE RE OT AM AM RE RE RE RE JA NP OT AM OT AM AM RE AM RE AM AM RE NP OT OT 3661 4899 3411 3573 5161 6531 5013 3229 8911 3411 2721 3951 5611 5081 4151 2899 2879 3316 7392 **** **** 7011 7311 **** 7349 **** **** **** 7399 7361 67 **** **** **** **** 5161 2816 3299 7699 5161 7213 2065 **** 2899 **** 2819 5812 **** 3632 5147 5086 VALUE 125.0 42.0 . 37.5 336.0 . . 5.0 . 4! 0 5.5 . 25.0 575.0 • 55 .0 34.0 8 .2 8.2 • • • 4.0 30.0 . . . 9.8 7.5 1 .1 12.0 7. 1 22.0 . 14.0 . 1986 F O R E I G N D I R E C T I N V E S T M E N T S T R A N S A C T I O N S ,C O M P L E T E D ,BY STATE * ********************************************************* TS US FI R M NAME SIC FO RE IG N IN VESTOR FL FL FL FL FL FL FL FL FL FL FL FL FL FL FL FL FL FL FL FL FL FL FL FL FL FL FL FL FL GA GA GA GA GA GA GA GA GA GA GA GA GA GA GA GA GA GA GA GA GA GA GA GA GA GA GA F A L C O N STAR F O T O M A T CORP. H O T SAM C O M P A N I E S INC. HOTEL SOFITEL IMC M A G N E T I C S CO RP KOMATSU LANO M O D U L A R C O M P U T E R S Y ST EM S INC M Y L E X CO RP NA S S A U T E R M I N A L S N I P P O N E X P R E S S USA INC. NORWEGIAN PAVILION O L Y M P I A AN D YORK O L Y M P I A PLAC E TOWE R O R A N G E - C O INC PORT D E N I S O N P O U L S O N L I G H T I N G INC RAN G E T S U OF T O K Y O RETAIL COMPLEX S C OT TY 'S INC. SE CU R I T Y TAG S Y ST EM S INC SO L I T R O N D E VI CE S INC S O NY 'S I N DU ST RI AL PRDTS DIV. SO U T H E R N S Y ST EM S INC TA V I L L A P. CO INC TR EE OF LIFE D I S T R I B U T I O N CO TUYA I N T E R N A T I O N A L CO RP UN I V E R S A L S T UD IO S FLORIDA WATERWAVS CONDOMINIUM ACT USA INC. A N D E R S E N IN ST R U M E N T S INC. A T LA NT A T R A D E P O R T FTZ BA NK ER NOTE INC. B E NI ER USA BRASSEIRE BIJI LD ER AM A INC. BU Y P A S S THE SYSTEM, INC. CANO N USA CA R A U S T A R INDU ST RI ES INC CHINA/TECH CO AS TA L STATES BL DG C O M P U T O N E SY STEMS INC. C O R P O R E X CENTER FITEL CORP. GLOC K INC. HI TACHI CH E M I C A L CO JAPAN AIR LINES (JAL) KAN AM U.S. KENC O INDS. INC. K I MO TO INDU ST RI ES LI - M A T E C H INC MA R K E T SQUARE M A T S U S H I T A EL ECTRIC IND. CO. M O N S A N T O CO'S PAPER CH EM I C A L DIV. NATL SRV IND'S FURN IT UR E LE AS IN G UNIT NEC H O ME E L E C T R O N I C S LTD 1311 59 46 5812 7011 3674 5082 * *** 3573 3573 4463 47 12 ** #* 1541 **** 0174 4463 3645 5812 **** 521 1 3662 3662 3651 3679 5148 5149 4712 7813 **** 2514 3823 *** * 5621 3551 5812 521 \ 628 3572 2655 7392 ♦ *** 5999 **** 3357 5099 3679 451 1 671 1 2819 3861 3325 * * *♦ 3662 2861 7299 3651 FALCON STAR LTD K O N I S H I R O K U P H OT O IND. CO. LTD R O WN TR EE M A C K I N T O S H ACCOR GR OU P M I N E B E A CO LTD KO MA TS U LTD CUCA IN VE ST ME NT S AEG A K T I E N G E S E L L S C H A F T A B U S U L L A Y M A N ABDU L H A MI D ET AL VAN O M M E R E N NV, PHS N I P P O N EX PR ES S CO. LTD. SE L M E R - S A N D E COR. ET AL OL YM PI A AN D YORK DEV. LTD. OL YM PI A AND YORK DEV. LTD. A S S O C I A T E D F I SH ER IE S PLC P. O. H O L D I N G S INC LOUIS PO UL SO N & CO A/S GI NZ A RA N- G E T S U LTD. ISIPI PROP ER TI ES GB-INNO-BM AU TO M A T E D SE CU RI TY ( H L D G S ) PLC SALZ GI TT ER AG SONY CORP. NATL BU S I N E S S SYSTEMS INC AL BE RT FISHER GROU P P L C .THE KO NI NK LI JK E WE S S A N E N NV DA NZ AS LTD DRABINSKY, GART H & BR ONFMAN FAMILY COST AI N LTD V I TO L BEHEER NV TACE PLC WI LM A N.V. CHOW, SK B E N I E R , HANS STARR, RINGO WA RD WHIT E GROU P PLC NATI ON AL BUSI NE SS SYSTEMS, INC., E T . AL. CANON INC. SETTSU CORP CHINA ASSOC. OF SCIENCE & TE CHNOLOGY LINDHOIM. M. ET AL FORMAT INTL SKANSKA LTD. FURUKAWA ELECTRIC CO. LTD. GLOCK, GA ST ON HITACHI LTD JAPAN, GOVT OF KAN AM INTNTL COOKSON GROUP PLC KIMOTO CO. LTD. KOBAYASHI CO LTD CADILLAC FA IR VI EW CORP. LTO. M A TS US HI TA ELECTRIC IND. CO. LTD. AKZO NV NV AMEV NEC CORP NA TY UK JA UK FR JA JA PM GE SA NL JA NO CA CA UK BD DA JA NA BE UK GE JA CA UK NL SZ CA CA NL UK NL HK NL UK UK CA JA JA CH UK UK SW JA AU JA JA GE UK JA JA CA JA NL NL JA OT El AM RE OT OT RE El AM JV OT RE OT RE AM AM NP OT RE El AM AM PE AM AM AM AM JV RE NP AM RE AM NP OT AM AM OT AM JV RE AM RE OT OT PE OT OT AM NP AM RE NP AM AM PE VALUE 16.3 20.0 35.0 . 1 .0 52.0 0.3 . 35.0 50.0 2.9 1 .8 0.8 10.2 7.9 30.0 7.5 . 65.0 . 5.0 9.5 1 .2 2.0 5.0 . 31 .3 0.6 20.0 . 25.0 19. 1 10.5 . 20.0 200. 0 19.3 • 1966 FO RE IG N O I RE CT TS GA GA GA GA GA GA GA GU HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA IA IA IA IA IL IL IL IL IL IL IL IL IL IL IL IL IL IL IL IN VE ST ME NT S T R A N S A C T I O N S ,C O M P LE TE D. BY US F I RM NAME SIC FOREIGN INVESTOR NA TY VALUE P R I N C E T O N C A RP ET S R E I D - R O W E L L INC. RJ R' S SOFT D R IN K SUBS S O U T H W I R E - F U R U K A W A CABLE CORP. SP EC TU M T H E A T E R S W I T H E R S MA C H I N E W O R K S INC YA MA HA M O TO R CO. ALL N I P P O N A I RW AY S CO. A L A M O A N A AM ER IC AN A BLACKFI ELD HAWAII BANK BLDG C O N D O M I N I U M PR OJECT H A W A I I A N R E GE NT H O T E L H O N O L U L U SAKE BR EW ER Y & ICE CO H Y A T T RE G E N C Y WAIKIKI KE AU HO U B E A C H H O T E L KM E N G I N E E R I N G CO LTD. KO OL IN O RE S O R T KONA LA GO ON H O T E L KONA SURF H O T E L K Y O T A R U WAIKIKI LANO LAND LA ND (95 ACRES) MA K A H A V A LL EY C O U N T R Y CLUB MAUI H Y A T T R E G E N C Y HO TE L MAUI M A R R I O T T MI LI AN I GOLF C O UR SE OF F I C E BL D G O F F I C E BL DG S PI ON EE R PLAZA Q U E E N KA PI OL AN I HO TE L SH ER RY WAIKIKI HO TE L SP EN CE R C L I F F R E S T A U R A N T S SULTAN B L DG WA IK IK I PARC HO TE L W A I K O L A HO TE L 1500 KA PIOLANI B L OG G O R D O N 'S WHLS E INC H E A R T L A N D LYSINE INC N O R T H W E S T E R N STATE P O R T L A N O C E ME NT CO S A L S B U R Y LABS. A M E R I C A N C R I T I C A L CARE A M K O R CORP. A N A D I T E INC. B A X T E R T R A V E N O L ' S FLINT DIV. B L O O M I N G T O N S E A T I N G CO C A NO N USA C A P I T A L C O M M O D I T Y D E A L E R S (USA) INC. C A T H A Y FO OD S CO C I B A - G E I G Y CORP. C I N E B O O K S INC. C L O O S INT'L INC. C O M M E R C I A L B L DG C O N T A I N E R CORP OF A M E R I C A FI RS T C O L O N I A L BANK F M C ' S C O N S T R U C T I O N EQ U I P CO 2271 2834 2086 3357 7832 3559 3949 4511 7011 PR INCETON CARPETS SOLVAY & CIE CADBURY SCHWEPPES PLC FURUKAWA EL ECTRIC CO. LTD.. THE DRABINSKY, GART H & BRON FM AN FAMILY GEBRUDER SULZER AG YAMAHA MOTOR CO. LTD. ALL NIPPON AIRWAYS CO. LTD. AZABU JIDOSHA CORP ROBERT JONES INVESTMENT LTD TOKYU GR OI UP O S AKATAKA INC TAKARA SHUZO CO LTD AZABU JIDOSHA CORP OTOK AK A INC KM E N G I NE ER IN G CO LTD. KUMAGAI GUMI CO LTD AZABU JOSHIDA CORP OTAKA INC KY OTARU CO. LTD. JAPAN DEVEL. & CONSTR. CO LTD ONO, AI KAI TO BI SH IM A CORP. MATSUURA, HITOSHI KOKUSAI JIDOSHA AZABU JIDOSHA CIOR SPORTS SHINKO CO. LTD. HA SG AW A KO MU TE N CO LTD NAURU. GOVT OF WANG. CHIN G MI NG SOGYO CO. LTD. GENICHI SUGIYAMA NI TT AK U EN TE RP RI SE CO. LTD. NIHO N LA NC RE CO LTD MITSUI REAL ESTSTE DEV CO KUMAGAI GUMI CO. LTD. KANTO BLDG CO .L TO R A F F I N E R I E T I R L E M O N T O I S E SA AJ I N O M O T O CO INC BRIERLEY, R O NA LD ET AL SOLVAY & CIE SA BR O N F M A N FA MI LY D A E W O O H E A V Y INDS. LTD BRIERLEY. RO N A L D A. BOOT S CO. PLC. THE NAMBA PRESS KO GY O KK CANON INC. CA PI TA L C O MM OD IT Y DEALERS, LTD. CHINA. P.R. C I B A - G E I G Y LTD. M C P H E R S O N ' S LTD. CLOOS S C H W E I S S T E C H N I K GM BH CARL L I LL BA CK EN KO NE PA JA SMURFIT FAMILY F O X - P I T T ,K E L T O N , NV S U MI TO MO HEAV Y INDU ST RI ES LTD NL BE UK JA CA SZ JA JA JA NZ JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA JA NR JA JA JA JA JA JA JA JA BE JA NZ BE CA KS NZ UK JA JA UK CH SW AS GE FI El NA JA NP AM AM JV AM AM NP OT AM RE RE AM AM AM AM OT RE AM AM OT RE RE RE PE AM AM AM RE RE RE AM AM AM RE RE OT RE AM NP AM PE AM NP El AM JV OT OT JV OT AM OT RE AM AM AM 15.0 1 17.5 230.0 4.0 3.9 70M 2084 7011 7011 8911 ***♦ 7011 7011 5812 **** +*** ♦*** 5812 7011 7011 7997 **** **** **** 7011 7011 5812 **** 7011 7011 ♦*** 5194 2048 3241 2831 2834 3 7 14 3462 2834 2531 5081 62 2035 5161 2 ? 31 3542 **** 2651 60 3531 40! 0 18.5 . 217.7 2.7 245.0 10.0 . 667.0 0.4 2.4 1 .8 • 1 .0 319.0 150 .0 16.0 20.0 . 44.0 18.7 5.5 3.0 77. 4 200.0 15.7 40.0 93.5 20.0 3 .1 555.0 1 .5 5.0 • 0 .4 683 .0 11.0 * 1986 F O R E I G N D I R E C T I N V E S T M E N T S T R A N S A C T I O N S ,C O M P L E T E D .BY E TS US F I RM NAME SIC FO RE IG N INVESTOR IL IL IL IL IL IL IL IL IL IL IL IL IL IL IL IL IL IL IL IL IL IL IL IL IL IL IL IL IL IL IL IL IL IL IL IL IN IN IN IN IN IN IN IN IN IN IN IN IN KS KS KY KY KY KY KY G C A ' S I N D U S T R I A L SY S T E M S DIV GE N W A Y CORP. H A N D Y AN DY H O M E I M P R O V E M E N T C E NT ER S H E A L T H - M O R INC. HI TA CH I A M ER IC A LTD H O T E L SO F I T E L H U D S O N GROUP, THE INLAND STEEL COAL CO INTL D I G I T A L E L E C T R O N I C S CO. K A T A L C O CO. KONAMI INC. KU RO DA P R E C I S I O N I N DU ST RI ES LTD. MA G N A INT'L INC. M A T S U S H I T A COM. CORP. OF AM E R I C A M C K E E I N DU ST RI ES INC. M C K N I G H T M E D I C A L C O M M U N I C A T I O N S INC. N A T I O N A L WAX CO. OF F I C E B L DG O F F I C E B L DG O K A M O T O M A C H I N E TOOL W O R K S O P T I M A G E I N TE RA CT IV E SE RV IC ES CO. O T T A W A SILICA CO PO RS CH E G A L E S B U R G INC. R A I L - B R I D G E CORP. R E L I A N C E FUSE DIV SAND02 CORP. P R O T E C T I O N CORP. SKK INC. SQUARE D 'S ELEC HE AT M F G FA C I L I T Y S T E R L I N G - R O C K FALL S DA IL Y G A ZE TT E TAIY O KOBE BA N K TO YO TA N S O A M ER IC A INC. TO YO TANS O CO TOYODA M A C H I N E R Y USA INC TO YO M E N K A A M ER IC A INC. V E L S I C O L C H E M I C A L ' S A G R I - C H E M I C A L DIV. 142 E. O N T A R I O A I R C O I N DU ST RI AL G A S E S A I S I N USA A L PI NE E L E C T R O N I C S INC C A L S 0 N 1 C Y O RO ZU CORP. D E S I G N & MFG. CORP. F U J I T S U TEN A M ER IC A KPT INC. M I D - A M E R I C A S P RI NG WI RE INC NI SH IK AW A ST A N D A R D CO PA LC O T E L E C O M INC SE RVICE SP RI NG CO SHELLER - RYOBI CORP. W E S T I N HOTE L CONTINENTAL HEALTH SYSTEMS INC T E C H A M E R I C A GR OU P A L U S U I S S E F L EX IB LE PA C K A G I N G INC. A M E R I C A N BR AK E IND. CORP. A R N O L D M A N U F A C T U R I N G CO. C E LA NE SE SP EC IA L RESIN INC. CE N T R A L MFG. CO. 3559 7512 5211 3635 3612 7011 5031 1211 5081 2819 7372 5084 3714 3661 3442 2721 2899 **** ***• 3541 7819 1446 3729 4712 3613 2879 7372 3613 2711 60 3295 7391 3541 5161 2879 **** 2813 3714 3651 3714 3639 3651 3253 3315 3069 3661 3493 3361 7011 3573 2834 3353 3714 2531 2851 3714 W A R T S I L A AB OY D R A Y C O T T , DEREK W. GB - INNO - BM FA IR WA Y H E I G H T S IN VE ST ME NT S LTD. HITACHI LTD N O VO TE L GR OU P BUNZL PLC B R O N F M A N FAMILY DI GI TA L C O MP UT ER LTD. IM PE RI AL C H EM IC AL INDS. PLC KONAMI LTD. KURODA PR EC IS IO N IN DU ST RI ES LTD. MAGN A INT'L INC. M A T S U S H I T A ELEC. IND. CO. LTD. CLYDE IN DUSTRIES LTD. T H OM SO N CORP. UK, GO V' T OF FI DI NA M W I LM A NV O K A M O T O MA C H I N E TOOL WORKS LTD. PHILIPS GL O E I L A M P E N F A B R I E K E N NV RIO TINT O - ZINC CORP PLC PORSCHE, DR. ING HOF AG KAWASAKI K I SE NK AI SH A LTD. HA WK ER SI DO EL EY GROU P PLC SANDOZ LTD HAEFNER, WA LT ER MA R L E Y PLC TH OM SO N FAMILY TAIYO KOBE BANK LTD TOYO TANSO CO. LTD. TOYO TANSO CO LTO TOYODA M A CH IN E WORKS LTD TOYO MENKA KAISHA LTD. SANDOZ LTD O L YM PI A ANO YORK DEV. LTD. BOC GROUP PLC TO YO TA MOTOR CORP ALPINE ELECTRIC CO LTD NI SS AN MOTOR CO. LTD. SANYO ELECTRIC CO. LTD. FUJI EL ECTRIC CO LTD CHEN, HENR Y IVANIER FAMILY NI SH IK AW A FAMILY PALCO ELECTR ON IC S MFG SPLY LTD TO YO SH IM A SPECIAL STEEL CO LTD RYOBI LTD. KUMAGAI GUMI TBG EUROPE NV EL-SAYEO, REFAAT AL UM I N I U M SUISSE SA AK EB ON O BRAKE IND. CO. ARNOLD M A N U F A C T U R I N G LTD. RI 0 “ TINTO ZINC CORP PLC TOYOTA MOTOR CO. LTD. NA TV VALUE FI UK BE CA JA FR UK CA JA UK JA JA CA JA AS CA UK SZ NL JA NL UK GE JA UK SZ SZ UK CA JA JA JA JA JA SZ CA UK JA JA JA JA JA TW CA JA CA JA JA JA NL SW SZ JA CA UK JA AM AM OT AM NP RE AM AM OT EI NP OT NP PE AM AM AM RE RE NP JV AM PE JV AM NP AM AM AM OT NP OT NP NP AM RE NP NP NP PE AM NP NP AM JV NP AM NP RE AM AM NP JV NP AM NP 12.0 1.1 32^5 22.5 44.0 11.0 100.0 23.0 46.0 11 .*5 16.2 0. 1 5.0 3.7 225.0 10.0 16.0 25.0 36.0 4.4 4.5 6.2 4.2 5.0 59.5 27.3 17.4 32.0 10.0 6.0 138.0 4.6 1986 F O R E I G N D I R E C T I N V E S T M E N T S T R A N S A C T I O N S ,C O M P L E T E D ,BY TS KY KY KY KY KY KY KY KY KY KY KY KY KY KY KY KY KY KY KY KY KY KY LA LA LA LA LA LA LA MA MA MA MA MA MA MA MA MA MA MA MA MA MA MA MA MA MA MA MA MA MD MD MD MD MD MD US F I R M NA ME CHINOE VILLAGE C L A R I O N CO. DANDI B L DG S Y ST EM S HOTEL NASHVILLE INOAC US A INC. JIOECO KR AU S S - M A F F E I CO RP L - N U N I T E D INC. L I N K - B E L T CONST. EQUIP. CO. MITSUI & CO. (USA) INC. NHK ASSO C S P RI NG CO MP O N E N T S INC PLANT BL O G P O SS UM TROT CORP PURINA M I L L S INC SIERRA COAL CO S P A L DI NG S E R V I C E S INC. S U M I TO MO E L EC TR IC W I R I N G SYS INC TOKAI BANK, LTD. TOYOTA MOTO R MFG. USA INC. TR I N I T Y INDUST. CORP OF A M ER IC A TR INITY IN DUSTRIAL CORP W O O D B R I D G E INOAC A G R I P U E l S R E F I N I N G CORP. BASF CORP. CS INDS' C A RB ON D I O X ID ES DIV. D E N H O L M A G EN CY INC. USA H O L M E S DL O I L / G A S LE ASES W I L L I A M S EXPL. CO. O I L/ GA S PROPS. A T HE NA INTL BAY FI NA N C I A L CORP B O S T O N S O F T WA RE P U B L I S H E R S INC. C H A N C E L L O R CORP. CI NE MA C E NT ER S CORP. CO A S T A L CE M E N T C O M P U T E R INDE NT IC S CORP. D E V O N S H I R E BL DG E T ON IC SHOE CO. H O N E Y W E L L - N E C S U P E R C O M P U T E R S INC I N T E R A C T I O N S Y ST EM S INC. K A ME YA MA USA L U D L O W S P E C I A L T Y P A PE RS DI VI S I O N MERINO MILLS M O SE LE Y. HA L L G A R T E N , ES TA BR OO K & W E E D E N N O R T H A M E R I C A N D I R E C T O R Y CORP. P O S I T I O N S INC. REEC E CORP. (THE) R O C K P O R T CO. SANWA B A NK ZIFF CO. I N C . , THE AG B T E L E V I S I O N R E S E A R C H OF L O ND ON AM ES A N D O E L E C T R I C CO. BAY V I E W H I L L S C O L U M B I A DA TA P R O D U C T S INC. C U M B E R L A N D , MARYLAND TIMES/NEWS SIC FOREIGN INVESTOR NA TY VALUE *♦♦♦ 3585 1521 7011 3714 3714 3559 3231 3531 5051 3493 ***♦ 2335 2075 1211 7213 3679 61 3711 3559 7535 3714 2869 2869 2813 4463 5311 1311 1311 7999 61 7372 7513 7835 5039 3573 **** 3149 5081 3672 3999 264 1 2299 6211 2741 7361 3636 3143 60 5113 7392 5051 3829 **** 3573 2711 B R IT IS H M I NI NG PENSION FUND CLARION CO. LTD. DANDI BLDG SYSTEMS NE ST LE SA INOUE MTP CO. & W O OD BR ID GE G R . NISSAN MOTO R CO. LTD. KRAUSS-MAFFEI AG NIPPON SHEET GLAS S CO. LTD SU MITOMO HEAVY INDUSTRIES LTO. MITSUI & CO. LTD. NHK SPRING CO LTD KUO, TIMOTHY ET AL ASHLEY FAMILY UN IT ED KINGDOM, GOVT OF BR ON FM AN FAMILY BR IT IS H ELECTRIC TR ACTION PLC SUMITOMO ELECTRIC IND LTD TOKAI BANK. LTD. TOYOTA MOTOR CO. LTD TOKYO TRINITY INDUSTRIAL CORP WO OD BR ID GE GR/I NO UE K H A S H O G G I , ADNAN BASF AG AIR LIQUIDE SA DE NH OL M GROUP BRIELEY, RO LA ND ROYAL DU TC H SHELL GROU P PE TROFINA SA ATHEN INTL CO UN TR Y AND NEW TOWN PR OP ER TI ES ESSELTE AB BELL CA NA DA ENTERP RI SE S INC. HO YT S CORP. PTY LTD. SP ANISH C O NS OR TI UM BEKAERT NV SA HA R D W I C K E LTD AR IT MA S GROUP FRANCE, GOVT OF HATVANY, BELA R. KA ME YA MA KANZAKI PAPER MFG. CO. LTD. LUIGI BOTT O KASSEM, OMAR, ET. AL. BELL CA NA DA EN TE RP RI SE S INC. BLUE A R R O W PLC CAME LL IA IN VE ST ME NT LTD. RO BE RT S T EP HE NS H O L D I N G S LTD. SANWA BA NK AL B E R T FI SH CH ER GR O U P PLC, THE AGB R E S E A R C H PLC A P L I C A C I O N E S DE M E T A L S S I N T ER IZ AD OS SA ANDO E L EC TR IC CO. LTD. CI TI S T A T E CORP U N I D E N T I F I E D C A N A D I A N INVESTOR T H OM SO N FAMILY UK JA CA CA JA JA GE JA JA JA JA TW UK UK CA UK JA JA JA JA JA CA SA GE FR UK NZ NL BE UK UK SW CA AS SP BE El SW FR UK JA JA IT EG CA UK UK UK JA UK UK SP JA AS CA CA RE NP NP RE NP NP 6.0 3.0 JV JV OT JV RE AM AM AM AM NP OT NP AM NP NP NP NP AM JV AM AM AM OT AM AM AM AM NP El RE AM JV El NP AM OT AM JV AM El AM OT AM OT OT PE RE El AM 69.9 7.5 4.0 7.0 30.0 5 !5 1 .0 500.0 8 15 800.0 1 .0 . 7.5 88.9 25.0 10.0 10.6 . io!o . 2.0 10.0 20.0 160.0 . 0.6 10.0 0.4 43.6 . 20.0 . . 1986 F O R E I G N D I R E C T I N V E S T M E N T S T R A N S A C T I O N S ,C O M P L E T E D ,BY TS US F I RM NAME SIC F O RE IG N INVESTOR MD MD MD MD MD MD MD MD ME ME Ml MI MI Ml MI Ml MI MI MI MI MI MI MI Ml MI MI MI MI MI Ml MI MI MI MI MI MI MI MN MN MN MN MN MN MN MN MN MO MO MO MO MO MO MO MO MO MS F I L B E R T J .H . INC. IBF B I O T E C H N I C S INC. M I C H E L ' S B A G U E T T E INC. O H M E D A (OHIO MEDICAL) R A N G E RO V E R OF NO. A M ER IC A RESIDENTIAL DEVELOPMENT R I CE T R A I L E R S LTD. W E I N S C H E L E N G I N E E R I N G CO. G U I L D F O R D I N D U S T R I E S INC ZF OF NO. A M E R I C A INC. A L L O Y M E T A L S INC A L P H A - D E B O N IN D U S T R I E S INC AM E R I C A N SOY P R O D U C T S INC ANR T R A N S C A N A D A E N ER GY CO. AS MO M F G INC BASF CORP. C A R T E R - W E B E R INC. CAST FORG E CO. CI B A - G E I G Y AU TO A D H E S I V E CENTER CI RC UI T C O N T R O L L E R CORP D I A M O N D C R YS TA L SALT CO DOW CH EM 'b P O L V O L E F I N WIRE 8. P O L Y ME RS DU PO NT DE N E MO UR S & CO., E.I. H I S A N CORP. J A CK SO N NATL. LIFE IN SU RA NC E CO. LU CA S C A R E L L O L I G H T I N G INC. M I C H I G A N D Y N A M I C S INC. NA B C O USA INC. N I P P O N D E N S O A M ER IC A INC. OIL WELL POLY B L EN DS INC. RO C K W E L L INTNTL S U SP EN SI ON SY STEMS CO ST AN LE Y - KY O K U T O TOKAI CORP TOYOTA MOTOR SALES USA V A L A S S I S INSERTS INC Z O N D E R V A N CORP. COPA L SY ST EM S INC. LAKE STATES T R A N S P O R T A T I O N LI Q U IP AK INTL INC PE NT AX O P H I H A L M C INC. S A F E TR AN SY ST EM S CORP. STAR -T EX CORP. S W ED EH OM ES USA WE BB CO. W E I G H - T R O N I X INC C O L U M B U S DE NT AL MFG. CO. DEAR PUB. & RA DI O INC.'S P U B L I C A T I O N S MI SSOURI PO R T L A N D CEMENT M O N S A N T O CO'S PO L Y S T Y R E N E DIV. M O N S A N T O ' S SU LP H O N A M I D E S DIV. OP T E C DD USA P E AB OD Y H O L D I N G CO INC SU NMARK INC TG (USA) CORP B E N C H CRAFT INC 2079 5086 5812 3842 5012 *** * 3715 891 1 2221 3714 3399 3559 2099 5172 3041 2821 3592 3714 7391 3643 2899 2869 7391 3317 63 5013 3569 5013 3585 1311 2821 3493 3641 3041 37 t I 2752 2731 5094 401 1 3551 3832 3662 3079 1521 2721 3576 3843 27 1 1 3241 2824 5161 3357 1211 2065 3714 2512 U N I L E V E R NV IBF SA G R A N D M O UL IN S DE PARIS BOC G R O U P INT'L UK, GOVT OF AOKI C O N S T R U C T I O N BSM H O L D I N G S LTD. LUCAS INDUSTRIES PLC DE BR ON IN VE ST ME NT S PLC Z E P P E L I N - S T I F T U N G F R I E D R IC HS HA FE N SULZER GEBR UD ER AG ASEA AB KA WA SH O CORP ET AL BELL CANADA ENTERP RI SE S INC. N I P P O N D E N S O CO LTD BASF AG AGNELLI FAMILY ALCAN A L U M IN UM LTD. C I BA -G EI GY LTD. YAZAKI CORP BR IE RE LY RON ET AL U N IT ED KINGDOM, GOVT OF B R ON FM AN FAMILY SANOH INDUSTRIAL CO. LTD. PR UD EN TI AL CORP. PLC LUCAS INDS. P L C / CA RE LL O INDS. ITALY FUJI FILTER MFG. CO. LTD. KOBE STEEL T O YO TA MOTOR CORP. R OYAL DUTCH GROUP BASF AG M I TSUBISHI STEEL MFG CO LTD STANLEY ELECTRIC CO LTD ET AL SU MITOMO EL ECTRIC IND LTD TOYOTA MO TO RS CO. LTD. PACKER. KERRY MORAN. CHRIST OP HE R J. COPAL CO. LTD. CANA DI AN PACIFIC LTD TETRA PAK INTL AB ASAHI OPTI CA L CO. LTD. HA WK ER SIDDELEY GROUP PLC BOWATER CORP. PLC S W EDEHOMES MAXWELL, ROBERT STAVELEY INDUSTRIES PLC BAYER AG T H OM SO N FAMILY HO L D E R B A N K FINANCIER GLARIS CANADA, GOV'T OF AKZO NV DA11 CHI DENKO CO LTD OPPENHEIMER, HARRY F. R O WN TR EE MA CK I N T O S H PLC TOYOTA MO T O R S CO. LTD. UNIV ER SA L FURNITURE LTD NA TY NL FR FR UK UK JA UK UK UK GE SZ SW JA CA JA GE IT JA SZ JA NZ UK CA JA UK UK JA JA JA NL GE JA JA JA JA AS UK JA CA SW JA UK UK SW UK UK GE CA SZ CA NL JA SO UK JA HK AM NP AM NP NP RE NP AM PE AM AM JV JV NP NP El JV NP AM AM AM NP JV AM OT AM OT OT OT AM JV OT NP PE AM AM OT OT AM NP El AM OT AM AM AM AM AM AM AM NP El AM NP AM VALUE 50.0 . 10.4 95.0 22.2 7.3 3.5 3.8 8.6 608.0 1 .4 42 .8 12.0 4.5 6.5 . 30 .0 18.0 117.3 19.4 15.0 51.2 230.0 18^2 1986 F O RE IG N DI RE CT TS MS MT MT NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC NC ND ND NE NE NE NH NH NH NJ NJ NJ NJ NJ NJ NJ I N V E ST ME NT S T R A N S A C T I O N S , C O M P L E T E D , B Y US FIRM NAME S H O P P I N G C E NT ER S (4) LAND (2000 ACRES) ST I L L W A T E R M I N I N G CO. A E R O N C A INC. A L C A N - S U M I T O M O E L EC TR IC INC ALCATEL/CELWAVE ASHLEY, LAURA A U S T I N FOODS CO BASF CORP. B E N N E T O N USA INC. BL Y T H E IN DU ST RI ES INC C A R B O H Y D R A T E S AM ER IC A INC. C I B A - G E I G Y CORP. C O M P U C O L O R I N T E R N AT IO NA L DUPONT. El CO G KN INC. G L A X O INC. H A R D E E 'S FOOD SYSTEMS INC. H I G H POIN T W O O D W O R K I N G CO HO N D A POWER EQ UI PM EN T M F G INC H O T E L C H AR LO TT E ICI AD V A N C E D MA TE R I A L S ITT T E L E C O M PROD UC TS CORP K L OE CK NE R IONON OF AM ER IC A INC KOBE D E V E L O P M E N T CORP. MA CK TRUCKS INC. ME LE X USA INC. NO RT H CA RO LI NA P H O S PH AT E CORP. O F FI CE BLDGS O R G A N O N - TE KN IK A CORP. PE LT ON & CRANE CO. PH IL IP S & D U PO NT O P TI CA L CO (PDO) RE NT AL TOOL CO. INC. SH EP HE RD M E D I C A L P R D T S . TAKEDA CH E M I C A L PRDTS USA T A ND EM FA BRICS TNT PILOT TW I N I N G R S. CO. LTO. U.S. AMADA LTD. UN I V E R S A L FU RN I T U R E I N DU ST RI ES INC V O L V O - G M H E A V Y TRUCK CORP. G E O R E S O U R C E S INC. W E S T E R N STATES LIFE INSU RA NC E CO. GO L D E N EAGLE FOODS' DIV. S U N - H U S K E R FOODS INC. VA L M O N T INDU ST RI ES INC LABEL AR T INC NE W L O ND ON TRUST CO, THE PH AL O C O RP .' S CABL E MFG. PLANT AE RO S E RV IC ES I N T E R N A T I O N A L INC. A L L I E D SI GN AL F L U O R O P O L Y M E R DIV AS S E T S AUTO. DATA P R O C E S S I N G ' S BA NK SVC B A L A N C E D FOODS INC B R U S K I N A S S O CI AT ES , R. H. CA RD T E C H N O L O G Y INC. C L I N I C A L S C I E N C E S INC. SIC **** ***♦ 1099 3728 3355 3661 5999 2052 2879 2253 161 1 7892 7391 2754 3674 3714 7392 5812 2426 3524 701 1 2821 3661 5084 891 1 3711 3949 1475 ***4 3841 3843 3679 7394 5086 2834 2299 4214 2099 5084 251 1 371 1 1311 63 201 1 2017 3532 2641 61 3315 4582 2812 7374 5149 7392 3579 2831 FOREIGN INVESTOR M A RA TH ON REALTY CO. LTD. SHUWA CORP CEDE FLEET A E RO SP AC E CORP. SUMITOMO ELECTRIC INDUSTRIES LTD. FRANCE, GOVT OF ASHLEY, LAURA H. BA HL SE N KEKSBABRIK KG BASF AG BE NNETON FAMILY ALFRED MC A L P I N E PLC VOLV O AB C I BA -G EI GY LTD. M A X W E L L , ROBERT BR ON FM AN FAMILY TRUSTS GUEST, KEEN & NETTLE FO LD S PLC GLAX O H O LD IN GS PLC BAT INDS. PLC FUJI STEEL CO LTD HONDA MOTOR CO LTD HESTA GROUP IMPERIAL CHEMICAL INDS. PLC FRANCE, GOVT OF, ET AL KLOECKNER IONON GMBH KOBE STEEL LTD FRANCE, GOVT OF FOREIGN TRADE ENTERPR ISES/PETZE FRANCE, GOVT. OF AOKI CORP AK ZO NV SIEMENS AG PH ILIPS G L OE IL NV WREC K AIR LTO. MEYR A W I LH EI M MEYER & CO. TA KE DA C H EM IC AL INDS. LTD. TA N D E M FA BRICS TNT LTO W I T T I N G T O N IN VE STMENTS LTD. AMADA CO. LTD. UN IV E R S A L FU RN IT UR E LTD VOLVO AB MSR EX PL O R A T I O N LTD. MU TU AL LIFE OF CANADA NI PP ON RE IZ O KK NI PP ON RE IZ O KK FI DE LI TY INTL LTD ET AL MA C L E A N - H U N T E R H O LD IN GS LTD SUN LIFE A S S U R A N C E CO OF CANADA HITACHI LTD. P R OJ EC T BOND LTD. M O N T E D I S O N SPA ING. C. OLIVETTI & CO SPA KO N I NK LI JK E W E S S A N E N NV ASSOC. N E W S PA PE R H O L D I N G S PLC NA TI ON AL B U S I NE SS SYSTEMS INC. AGNELLI FAMILY NA TY CA JA CA CA JA FR UK GE GE IT UK SW SZ UK CA UK UK UK JA JA SZ UK FR GE JA FR PL FR JA NL GE NL AS GE JA CA AS CA JA HK SW CA CA JA JA BD CA CA JA UK IT IT NL UK CA IT RE RE JV AM NP OT OT PE NP NP AM NP PE El OT PE PE PE AM PE AM PE AM OT OT NP PE AM RA NP AM JV AM AM PE NP OT PE OT OT JV El AM AM El AM AM AM AM El AM AM AM AM AM AM VALUE 11.0 15.0 18.6 40. Q . 5.0 20.0 5.0 . . 11.1 8.0 2. 1 15.0 6.6 . 38! 8 30 !o . . io!o 40! 0 6.0 6. 1 1 .0 54.0 5! 9 6.0 50.0 9.0 2.0 1986 F O R E I G N D I RE CT I N V E S T M E N T S T R A N S A C T I O N S ,C O M P L E T E D , B Y * ** ** * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * TS US FI RM NAME SIC F O RE IG N INVESTOR NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NJ NM NV NV NV NV NV NY NY NY NV NY NY NY NV NY NY NY NY NY NY NY D A I W A S E C U R I T I E S T R U S T CO. D R O M INT'L INC. DS A M ER IC A INC. EDMO S CORP. E L E C T R O - N U C L E O N I C S INC. E V E R G R E E N INTNTL (USA) CORP F A I R F I E L D A M E R I C A CORP. FR IE DM AN , W A L T E R F R E D R I C K & CO INC. G A I N E L E C T R O N I C S CORP. G I R I N D U S CORP. H E R M A N ' S S P O R T I N G G O O D S INC. H O N G KONG IS LANDS LINE A M ER IC A JA R D I N E M A R K E T I N G SE RV IC ES KAGA E L E C T R O N I C S K E N W O O D USA CORP. LASER DISC CORP. M A K I T A USA INC. M A T S U S H I T A INVEST & DEV CO METZ M E T A L L U R G I C A L CORP. M O O G - L O T U S SYST EM S INC. N A A R D E N INTL USA N E S T L E FOODS CORP POPE CH E M I C A L CORP. PORT LI BERTE POWER C O N V E R S I O N INC. P U RO LA TO R C O UR IE R CORP R E I C H E R T S C I E N T I F I C INSTS. DIV. R U D C O IN DU S T R I E S INC SA BA RU OF AMER IC A INC. SHIMA SEIKI USA INC S T E R L I N G EXTR UD ER CORP. S U P E R M A R K E T GE N' S H O W L A N D S T E N B A C H - H O C H . SY NT RE X INC. TA NA BE USA W I L S O N - F I B E R F I L INT'L R E SE RV E OIL & M I N E R A L S CORP A L AD DI N HO TE L EL E C T R O N I C S P EC IA LI TY P R OD UC TS INC. G R A L Y R E S O U R C E S INC. L Y N C H C O M M U N I C A T I O N SY STEMS INC T E N N E C O ' S GO LD M I N I N G P R OP ER TI ES A & M I N ST RU ME NT S ABC BLDG AIC PHOT O INC. AIR CANADA AL TECH SP EC IA LT Y STEEL CORP ALL NI P P O N A I RW AY S ALL NI P P O N AI R W A Y S TOUR S CO. ALLE N & AL LE N H E M S L E Y A L L I E D ST OR ES CORP. ALLY & G A R G A N O INC. A M E R I C A N BABY INC. AN D E A N LINE INC. AP P L I E D R E S E A R C H LABS. INC. A R M S T R O N G PUMPS INC. A S S O C I A T E D PR OD U C T S INC 60 5161 5084 2253 7391 441 1 2879 7392 3674 5161 5941 441 1 7399 5065 5065 7372 5084 6531 3339 7372 5161 2023 2893 **♦* 3692 4213 381 1 2782 7399 5084 3559 541 1 3579 5161 2851 1094 701 1 5099 1311 3662 1041 3825 *** * 5043 4583 3312 451 1 4722 8111 531 1 7311 2721 44 11 381 1 3561 2391 DAIWA BANK, LTD. DR 0. M A R T E N S & CO. OA I N I P P O N SCREEN MFG. CO. LTD. O V E R S E A S PR IV AT E EQ UITIES NV PH AR MA CI A AB CHANG, Y.F. W E L L C O M E F O UN DA TI ON PLC KOM INT'L MITSUI & CO. LTD. G I RI ND US PH AR MA CH EM IE GMBH DEE CORP. PLC, THE HO NG KONG ISLANDS SH IP PI NG CO. LTD. JA RDINE M A T H E S O N & CO. LTD. KAGA E L E C TR ON IC S CO. LTD. T R I O - K E N W O O D CORP. PIONEER EL ECTRONIC CORP. MA KITA EL EC TR IC WORKS LTD. M A TS US HI TA KOSAN CO LTD DEGUSSA AG GROU P LOTUS PLC NAAR DE N INTL NV NE ST LE SA DAIN IC HS EI KA COLOR & CHEMICAL SPERRY CORP. HA WK ER SIDDELEY GROUP PLC MANN, GE OR GE S CA MB RI DG E INSTRUMENT CO. PLC METAL BOX PLC FUJI HEAV Y INDUSTRIES LTD. SHIMA SEIKI MFG LTD ET AL BAKER PERKINS PLC B R EN NI NK ME YE R FAMILY OLIVETTI FAMILY TANABE SEIYAKU CO. LTD AKZO NV BRIERLEY, RO NA LD A YASUDA, GINJA LELEX SA COGERE SA FRANCE, GOVT OF ECHO BAY MINES LTD. HAWKER SIDDELEY GROUP PLC SHUWA CORP AIC INT'L INC. CANADA, GOVT OF RIO TINTO - ZINC PLC,THE ALL NI PP ON AIRWAYS CO. LTD. ALL NI PP ON AI RW AY S CO. LTD. ALLEN & ALLE N HE MSLEY CAMPEAU, RO BE RT DAI-ICHI KIKAKU REED INTERNATIONAL PLC OENS GROU P FISON PLC 5 AR MS TR ON G SA LTD. DAWSON INTL PLC NA TY JA GE JA NA SW TW UK CA JA GE UK HK HK JA JA JA JA JA GE UK NL SZ JA SZ UK CA UK UK JA JA UK NL IT JA NL NZ JA FR SZ FR CA UK JA NZ CA UK JA JA AS CA JA UK BE UK CA UK OT OT OT AM AM OT AM AM OT OT AM OT OT OT OT OT OT OT AM JV OT OT AM RE AM AM AM AM OT OT AM AM AM OT AM AM AM AM EI EI AM AM RE AM OT AM OT OT OT AM AM AM OT AM PE AM VALUE 6! 0 410.0 10.0 300.0 59.7 22. 2 13.9 I 1 .0 54.0 0. 1 56.0 130.0 175.0 1 .0 4300.0 4.4 66! 0 30.0 1906 F O R E I G N DI RE CT TS NV NY NY NV NY NY NY NY NY NY NY NV NY NY NY NY NV NY NY NY NY NY NY NY NY NY Ni NY NY NY NY NY NY NY NY NY NV NY NY NY NV NY NY NY NY NV NV NY NV NY NY NY NY NY NY NY I N VE ST ME NT S T R A N S A C T I O N S ,COMP LE TE D, BV * US FIRM N A ME SIC FOREIGN INVESTOR NA TY A U B R E Y G . LANS TO N & CO A V A L O N CORP. B A C K E R 8. S P IE LV OG EL BA H A M A S A G R I C U L T U R A L 8. IN DU ST RI AL CORP. B A NK OF C A L I F O R N I A NY TRUS T CO B A N Q U E W O R M S C A P I T A L CORP BH K OF A M ER IC A INC B M W OF NO. A M ER IC A BO M B A Y PLACE R E S T A U R A N T INC. B U R B E R R Y LTD. B U S I N E S S I N T E RN AT IO NA L CORP. B U S I N E S S R E S E A R C H CORP. CARNE T O I S O N D'OR C A S C A D E S INC C H AN EL B O U T I Q U E CH A R L E S OF THE RITZ GR OU P CH E M I C A L BANK CH I L D M A G A Z I N E P U B L I S H I N G INC C1R0 INC. CIVES STEEL CO C O LU MB IA CE ME NT CO. INC. C O M P O S I T I O N SY ST EM S INC C O N D O M I N I U M BLDG C O N V E N I E N C E STORE M E R C H A N D I S E R C O P E N H A G E N H A N D E L S BANK CO UN TY SE CU RI TI ES CORP USA 0 ' A L L A I R O 'S D 'A L L A I R D 'S D 'A L L A I R D 'S DA IWA SE CU R I T I E S A M ER IC A INC. D A NN ON CO. INC. D E A L E R S D I G E S T INC D E CA IR CORP. DELLA FERMI NA T R A V I S A N O 8. PARTNER D E L L W O O D FOOD S INC. DO U B L E D A V & CO INC DRV NE W YORK DU N L O P TIRE C O RP E.W. H O W E L L CO. INC. EA S T D I L R E AL TY INC ELECTROTECH E N D O - L A S E INC. ES QU IR E M A G A Z I N E G R O U P INC E X XO N B L D G FO RD MO TO R CO PAINT DIV F O R S T M A N N - L E F F ASSOC. F R EE ZE R Q U E E N DIV. G. S C HI RM ER INC. G L O B A L U N I O N BA N K ' S 2 NY B R A N C H E S GOLDMAN, SACHS 8. CO G R A F T E L INC G R E N A D A IN V E S T M E N T P R O M O T I O N S E RV IC E H B M C R E A M E R INC. HCM/SPECIAL MARKETS H E R A E U S INC. H E R T Z CAR L E A S I N G DIV. 62 1382 7311 9611 60 61 2492 5521 5812 5651 2731 7392 2065 2611 5631 5122 60 2721 5944 3312 2891 3555 **♦* 2721 60 62 5399 5399 5399 62 2026 2721 7699 7311 2026 2731 7311 3011 1541 6531 3674 5086 2721 ***♦ 2851 62 2013 2741 60 62 5081 9611 7311 7311 3211 7512 IN DUSTRIAL BANK OF JAPAN MO ON IE OIL CO., THE SAATCHI BROTHERS BAHAMAS, GOVT OF MITSUBISHI BANK LTD BANQUE WORMS HOLZ & KU NS TO FF BA U POSSE GMBH & CO KG B A YE RI SC HE MO TO RE N WERKE AG CHATWAL, SANT SINGH GREA T UNIV ER SA L STORES PLC DI CK EN SO N TRUST LTD, THE THOMSON, KENN ET H R. C ARNE TOISON D'OR LEMAIRE FAMILY CH AN EL YVES SAINT LAURENT SA BANK OF CHINA, ET. AL. TAXI GOLD, AB RAHAM QUEBEC, GOVT OF UK, GOVT OF DE LARUE CO PLC, THE SHENG R A IN BO W EE NT ER PR 1S ES T H OM SO N FAMILY C O P E NH AG EN HAND EL S BANK NATL W E ST MI NS TE R BANK PLC MARK S & SPENCER PLC M A R K S & SPENCER PLC M A RK S 8. SPENCER PLC DAIWA SE CURITIES B S N- GE RV AI S DA NO NE SA MAXWELL, ROBERT H E R S A V , RONALD W C R S . H O L D I N G S PLC A R AB IA N IN VESTMENT BA NK IN G CORP. MOHN, RE IN HA RD DE NT SU INC. S U MI TO MO EL ECTRIC INDUSTRIES LTD SE LM ER -S AN DE A/S NOMURA SECU RI TI ES CO U N I T E C H PLC GERMANY, GOVT. OF HA RM SW OR TH , ED MU ND CECIL MITSUI 8, CO LTD B R O N F M A N FAMILLY G U I N N E S S PEAT GROUP, THE JAMES CREAN PLC MU SI C SALES CORP. H O N G KONG 8. SHANGHAI BA NK IN G CORP S U MI TO MO BANK LTD, THE G R AF TE L LTD GRENADA, G O VT OF W C R S GROU P PLC FRANCE. GOV'T OF H E RA EU S G M BH HM OR I E N T LE A S I N G CO. LTD. JA AS UK BF JA FR GE GE CA UK UK CA SZ CA FR FR HK IT CA CA UK UK TW CA DA UK UK UK UK JA FR UK SO UK BA GE JA JA NO JA UK GE UK JA CA UK El UK HK JA UK GJ UK FR GE JA El AM OT AM OT NP OT AM OT AM AM NP NP OT AM JV OT AM AM AM AM RE AM OT OT OT OT OT OT PE AM El AM AM AM El El AM AM NP AM El RE AM AM AM AM AM AM OT OT AM OT OT AM VALUE 234.0 50.0 3.5 3.2 3.5 . 5.7 . 630.0 1 .1 . 22.0 . 2010 . . 40.0 . 65.0 51.0 500.0 . 245.0 50.0 5. 1 2.5 610.0 100.0 35 .0 7.0 . 50.0 2.4 1986 F O R E I G N D I R E C T I N V E S T M E N T S T R A N S A C T I O N S ,C O M P L E T E D ,BY TS US FI RM NA ME SIC FO RE IG N INVESTOR NA TY NV NY NY NV NV NY NY NY NY NY NV NY NY NY NY NY NY NY NY NY NV NY NV NY NY NY NY NV NV NY NV NY NV NY NY NY NY NY NY NV NV NY NY NY NY NV NV NY NY NY NY NY NY NY NV NY H O E G H L I NE S A G E N C I E S INC H O N G K O NG IND. P R O M O T I O N A L O F FF IC E H O S B Y USA I N T E R N A T I O N A L T Y P E F A C E CORP. IPCO CORP. (DENTAL DIV) I S TI TU TO B A N C A R 10 SAO PA OL O DI TO R I N O IVF A U S T R A L I A USA IZUMI CORP. K E LI AN ST EP HA NE BO U T I Q U E KING OF SH E F F I E L D K I ST LE R I N ST RU ME NT CORP. LASER FOR M E D I C I N E INC. LE B E N A R D I N LE FLEUR DE MA X I M S LEGA L TIMES, THE LEHRER/MCGOVERN LEO FLEUR LI FE T I M E CORP L J U B L J A N S K A BANKA A S S O C I A T E D BANK LOAD INC. LO N D O N & C O N T I N E N T A L BANKERS, LTD. L Y N D O N V I L L E V I N E G A R INC. M A C Y S S H O P P I N G CE N T E R S (3) MAGLI, BR U N O M A N I F A X INC. M A T S U S H I T A E L E C T R I C CORP OF A M ER IC A MAXIM'S M E L L O N F I N A N C I A L CENTER MEMPHIS DOWNTOWN M I L L C R E S T PR O D U C T S CORP MI T S UB IS HI OIL D E L A W A R E M I T S U B I S H I TRUST & B A N K I N G CORP. MITSUI P E T R O C H E M I C A L INDS. M I TS UL OSK LINES (AMERICA) INC. N. D O R M A N & CO NA F E D I N D O NE SI AN PA VI LL IO N NCC IN DU S T R I E S INC. NEW A M E R I C A N L I BR AR Y NE W YORK STOCK EX C H A N G E M E M B E R S H I P N E W S P A P E R S (41) NI C K Y W A L L I C STORES NI TE C PAPER C O RP 'S AS SE TS NO RC LI FF THAYER INC. O'BRIEN, O ' R E I L L Y CL OW / R S C G O F FI CE BLDG OF FI CE BLDG OF FI CE BLOG O F F I C E BLDG. OLD RIVER ONE UNION SQUARE EAST O N T A R I O ME TA L SUPPLY INC. PACE A D V E R T I S I N G AG EN CY PAINE WE BB ER BLDG PARMED P H A R M A C E U T I C A L S PASTA & CHEESE INC PETER P A R T I T I O N CORP. 4469 861 1 1521 2721 3841 60 BOB 1 3741 5661 5944 3679 7391 5812 5992 2711 1542 8221 8081 60 451 1 621 1 2099 • ** * 5661 7372 3631 5992 ***♦ **♦* 0161 5172 60 5161 441 1 2022 7392 2342 2731 5621 27 1 1 5641 2621 2834 731 1 **♦* **** **** *** # 561 1 **** 5051 731 1 * *** 5161 2098 2653 H O E E G H & CO A/S, LEIF H O N G KONG, GOVT OF HOSBV E S SE LT E AB W C A N N I N G PLC IS TITUTO B A N C A R I O SAO PAOLO DI TORINO A U S T R A L I A N INVESTORS IZUMI MOTO R CO. LTD KELIAN, ST EPHANIE MACLEAN, C H RI ST OP HE R KI STLER IN STRUMENTE AG P I LK IN GT ON BROS. PLC LE COZE, G I LB ER T & MAGUY CARDIN, PIERRE HA RMSWORTH, EDMUND CECIL P&O & 0 STEAM. NAVIGA TI ON CO P E AR SO N PLC R A MS DE N TERENCE P.. ET AL L J UB LJ AN SK A BANKA ASSO CI AT ED BANK LOAD INC. L ONDON & CO NT IN EN TA L BANKERS, LTD. N A KA NO VINEGAR CO. LTO. W E S T F I E L D HO L D I N G S INC LTD MAGLI, BRUNO C ITOH & CO. LTD MA T S U S H I T A ELECTRIC IND CO LTD CARDIN. PIERRE SHUWA CORP B R IT IS H LANO A B I N G W O R T H PLC ET AL MITSUBISHI OIL CO LTO MITSUBISHI TRUST & BANK IN G CORP. MITSUI PETROC HE MI CA L INDS. LTD. MITSUI OSK LINES LTD. NE W ZEALAND GOVT OF INDONESIA, GOVT OF S P I E S S H O F E R , GUNTHER DI CK EN SO N TRUST LTD YAMAI CHI SECURITIES CO BLACK, CONRAD ET AL BE NE TT ON FAMILY LEMAIRE FAMILY B E EC HA M GROUP PLC ROUX, SEGUELA CUVZAC & GOUDARD UN ID E N T I F I E D INVESTOR TOZAI REAL ESTATE CO LTD MITSUI REAL ESTATE DEV CO MITSUI REAL ESTATE DEV. CO. VERNIS, EDOUARD BROS. KUMAGAI GUMI CO. LTD. AMARI PLC WPP GROUP LTD. SHUWA CORP A P OT HE K E R N E S LA BO RA TO RI UM A/S NE STLE SA JE FFERSON SMURFIT GROUP LTD. NO HK DA SW UK IT AS JA FR UK SZ UK FR FR UK UK UK UK YO AS UK JA AS IT JA JA FR JA UK UK JA JA JA JA NZ ID GE UK JA CA IT CA UK FR UN JA JA JA FR JA UK UK JA NO SZ El OT OT OT AM AM OT OT PE OT OT PE El OT OT AM RE AM AM OT OT OT AM RE OT JV OT OT RE RE AM OT OT OT OT AM OT El AM AM AM AM AM AM OT RE RE RE RE OT RE AM AM RE AM AM AM VALUE 3.8 1 .1 15^0 2.0 363.5 10.0 1 .0 20.0 2! 5 75.6 1 .3 395.0 4.6 77^4 54.0 10.0 56.3 1986 FO RE IG N DI RE CT I N V E S T M E N T S T R A N S A C T I O N S ,C O M P L E T E D tBY TS US FI RM NAME SIC FOREIGN INVESTOR NA TY NV NY NV NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NY NV NY NY NY NY NY NY NY NV NY NY NV NY NY NY NY NY NY NY NY NV NY NY NY NY NY NV OH OH OH OH OH OH OH OH OH PRADA BO U T I Q U E P R AE GE R P U B L I S H E R S INC. R A D I A T I O N ' S EQUI P DIV RA N D P U BL IC R E L A T I O N S INC. RA V E N PRESS BO O K S LTD. RCA D I R E C T M A R K E T I N G INC. RCA V I D E O PR O D U C T I O N S INC R C A / A R I O L A INTL R E I C H H O L O C H E M I C A L 'S SPEC. PH EN OL IC S DIV R E S I D E N T I A L PR OJ EC T RKO - CE N T U R Y WA R N E R T H E A T E R S INC. SABENA B E L G I U M W O R L D A I RL IN ES SAKS FIFT H AVE. SA NG AT E CORP SA NK YO CO. SANY O SE WI NG A M ER IC A INC SAS D I S T R I B U T I O N & PU B L I S H I N G SE RVICE S C I E NT IF IC AM E R I C A N INC. SCM CORP. SH IN N I H O N KOHAN S H OP PI NG CE NT ER (4) SH OPWELL INC. SIMPLE D E S I G N LTD STELLA CORP SUN CH EM I C A L S G R AP HI C ART. MAT. DIV. SU PERIOR CARE INC. S W IF TS UR E TAXI P U B L I S H I N G INC. TEB BA TE S W O R L D W I D E INC. T E C H N I C A L P U B L I S H I N G CO. T I FF AN Y BL DG TNT M A I L F A S T TOKY O CAR USA TO RS TA R BO OK S TOSHIBA~WESTINGHOUSE TOWER 46 BLDG TRW'S BALL B E A R I N G S DIV U.S. B U S I N E S S PR E S S ' S P U B L I C A T I O N S UN I T E D PRES S INT'L V I CT OR Y M A R K E T S INC. WEIDENFELD & NICOLSON W E P C O H O L D I N G CO INC (WESTPAC POLLOCK) W E S T C H E S T E R F I N A N C I A L S E RV IC ES CORP W H AT TO BUY FOR B U S I NE SS W I L L S O N F R EI GH T S E RV IC ES 461 F I F T H AVE 90 0 T H I R D AV EN UE ALCAN AEROSPACE A P O L L O INDS. INC. C O LO R & C O M P O S I T E TECH. INC. D A Y T R O N I C I N S T R U M E N T S Y ST EM S CORP D E N I S O N DIV F U J I T S U SY ST EM S OF AMER IC A G R E E N V I L L E TE C H N O L O G Y INC H A N N A M I N I N G CO. LTD. HO ND A OF A M E R I C A MFG. INC. 5661 2731 3693 7392 2731 5733 3651 3652 281 1 **** 7832 45 11 5681 551 1 5161 221 1 5199 2721 2816 7392 **♦* 541 1 2511 2519 2893 8091 4511 2721 7311 2721 ***♦ 451 1 3473 2731 3672 **** 3562 2721 7531 54 1 1 2731 671 1 PRADA, MARIO ELSEVIER NDU NV SUMITOMO HEAVY INDUSTRIES LTD SHAN DW IC K PLC W O LT ER S SAMSOM GROE P NV. THE BERTEL SM AN N AG M O H N , REIN HA RD & FAMILY MOHN. REINHARD. & FAMILY BTL INC. KUMAGAI GUMI CO. LTD. D R A B I N S K Y 'S GARTH; BR ONFMAN FAMILY BELGIUM. GOVT OF BAT INDS. PLC BRIT IS H CAR AU CTIONS GROUP PLC SANKYO CO. SANYO SHOKAI LTD ET AL SWEDEN, GOVT OF VON HO LT Z B R I N C K FAMILY HA NS ON TRUST PLC SHINNIHON KOHAN CO. LTD. CA MPAGNIE LA HENNIN TE NGELMANN GROUP SIMPLE DESIGN LTD STELLA SA D A IN IP PO N INKS & CH EM IC AL INC. KHAIFA, DR. RIDA H . , ET AL SWIFTSURE TAXI SAATCHI BROS REED INTERNATIONAL PLC DAIICHI REAL ESTATE CO TNT LTD MITSUI & CO. LTD. AT KI N S O N , J . S . E S T A T E TOSHIBA CORP KAYTO KAGAKU CO SKF AB TH OM SO N FAMILY RANA, MA RI O VA ZQ UE Z LNC IN DUSTRIES PTY LTD WELDENFELD, GE OR GE WE ST PA C BA N K I N G CORP H O NG KONG & SHANGHAI BANK D E R R I C K , JOHN + O P P E N H E I M , PHILLIP WM. F. WI L L S O N BR OK E R A G E LTD. MITSUI REAL ESTATE DEV CO SHUWA CORP A LCAN A L U M I N I U M LTO LEWO, JOE MITSUI GR OU P HA WK ER SIDDELEY GR OU P PLC ASEA AB FUJI EL ECTRIC CO. LTD. MO R I R O K U CO LTD BLACK, C O NR AD & G. M O NT AG U HO N D A MOTOR CO. LTD. IT NL JA UK NL GE GE GE CA JA CA BE UK UK JA JA SW GE UK JA FR GE CA SZ JA SA CA IT UK UK JA AS JA CA JA JA SW CA MX AS UK AS HK UK CA JA JA CA CA JA UK SW JA JA CA JA OT AM AM AM AM AM AM EI AM RE AM OT PE EI OT OT OT AM EI OT RE AM NP PE AM AM OT OT AM AM RE OT NP OT JV RE AM AM AM AM JV AM AM OT OT RE RE OT EI NP AM AM OT NP EI PE V 2721 4723 **** **** 5051 5013 2893 3825 3561 5081 3069 1011 3714 VALUE . . . 0.0 300.0 3 t .0 89! 5 3.0 . 5 2^6 699.6 . 30.0 32.6 0.1 0.1 550.0 30.0 . 450.0 250.0 94. 3 • • 301 .0 0.7 36.9 74 .0 • 230.0 0.8 2.7 26.5 30.0 1986 F O R E I G N D I RE CT IN V E S T M E N T S T R A N S A C T I O N S ,C O M P L E T E D ,BY TS US FIRM NAME SIC FOREIGN INVESTOR NA TV OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OH OK OR OR OR OR OR OR PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA PA H O N D A ' S ACURA A U T O M O T I V E DIV. ISOTEK INC. KDI CORP. K L EE NT EK INC L I B B E V - O W E N S F O R D 'S GLASS M. A . H A NN A CO M E I S T E R G R A M INC. M I NO R L J CORP NI P P O N SEIKI CO. O T T - A - M A T I C INC P I ON EE R INDUS. C O M P O N . INC RI TT AL CORP, THE ROBINSON, JB J E WE LE RS INC. SHOWA A L U M I N U M CORP OF AM ERICA SHOWA A L U M I N U M CORP OF AM ERICA S O U T H - W E S T E R N P U B L I S H I N G CORP. ST A N L E Y E L E C TR IC U.S. CO. INC. T . S . T R I M I N DU ST RI ES INC T O L E D O D I S T R I B U T I O N INC. U N I O N CH AI N CO WH I T E C O N S O L I D A T E D INDUST RI ES HITACHI C O MP UT ER PRDTS (AMERICA) INC. AT L A S IRON WO R K S INC'S A S SE TS BE N I H A N A OF TOKYO D A IT RO N INC I N DU ST RI AL L E AS IN G CORP. M Y M LTD. NICHIEI A M ER IC A CORP. A L L I S - C H A L M E R S * H Y D R O - T U R B I N E BUS A R C O - J S P CO. A T L A NT IC P R O C E S S I N G MFG. FA C I L I T I E S BAYE R USA INC. B E T H L E H E M INT'L E N G I N E E R I N G CORP. BIF C A PI TA L CARE CORP. C O OP ER D E V' S T E C H N I C O N INC. C H E M . DIV. FIRST P E N N S Y L V S A N I A CORP GI M B E L S - PI T T S B U R G G R E E N ' S OA IR Y INC H.H. R O B E R T S O N CO. H E A L T H D Y N E ' S AIR SH IELD INC. HORNE. JOSEPH KN O W L E D G E BA SE D T E C H N O L O G I E S INC MO N O B L O C USA N A Z A R E T H IN DU ST RI AL CORP NE OM ET CORP NI S S I N FOODS (USA) CO OP US INC P H I L A D E L P H I A S U BU RB AN CORP. PH O S P O - E N ER GE TI CS INC. P I T T S B U R G G L A S S W O R K S INC PI T T S B U R G T E S T I N G LAB P I T T S B U R G H BR E W I N G CO. P O L Y T R I B O INC P O WE RE X INC. SI H A N D L I N G SYSTEMS INC 5012 2819 3949 3564 321 1 101 1 3552 2034 3714 3559 5064 5063 5944 3443 3443 2731 3641 2531 5051 3496 3633 3573 3312 5812 5084 7394 0181 5031 351 1 2821 2026 5161 891 1 5713 8081 381 1 60 531 1 2026 3444 5086 531 1 7372 341 1 3079 3369 2098 7372 4941 3829 7372 7393 2082 2865 3674 3535 HONDA MOTO R CO. LTD. NIPPON SANSO KK AR IA DN E AU STRALIA LTD. KLEENTEK INDUSTRIAL CO LTD PILKIN GT ON BROS. PLC CUNDHILL, FRANCIS PETER BA RU DA N CO. LTD. NESTLE SA NIPPON SEIKI CO. LTD. OD AW AR A EN GI NE ER IN G CO LTD PIONEER ELECTRONIC CORP R I TT AL -W ER K RUDOLF GM BH & CO KG STAHEL, OLIVER MA RTIN SHOWA LIGHT METAL CO SHOWA LIGHT METAL CO THOM SO N FAMILY STANLEY ELECTRIC CO. LTO. TOKYO SEAT CO LTD SUMITOMO CORP. TS UB AK IM OT O CHAIN CO ELECTROLUX AB HITACHI LTD. QUEBEC, GOVT OF A O K I , KATSU DAITO SHOJI CO LTD B E L Z BE RG FAMILY MYM LTD. NICHIEI CO. LTD. J M VO IT H GMBH MITSUBISHI GAS CH EMICAL CO. JOHN LABATT LTD. BAYER AG HO LM ES A COURT. ROBERT BORNEO M E RC AN TI LE CO. LTD. KHALIFA, DR. RIDA H.. ET AL AKZO NV HO NG KONG & SHANGHAI BA NKING BAT INDS. PLC KO NI NKLIJKE WE SS AN EN NV BELS BU RG FAMILY VI CK ER S PLC MITSUI GROUP LTD. UNISON PLC ENVASES M E TA LU RG IC OS MITSUKI INDUSTRY CO LTD MITSUBISHI METAL CORP NI SS IN FOODS PRODUCTS CO LTD UNISON PLC FRANCE, GOVT OF OTSUKA P H A R MA CE UT IC AL CO. LTD UNISON PLC INSPECTORATE INT'L SA BOND CORP. HO LD IN GS LTD. FUJIKURA KASEI CO LTD MISUBISHI ELECTRIC COP. BORGE FABRIKS AB JA JA AS JA UK CA JA SZ JA JA JA GE SZ JA JA CA JA JA JA JA SW JA CA JA JA CA JA JA GE JA CA GE AS KS SA NL HK UK NL CA UK JA UK SP JA JA JA UK FR JA UK SZ AS JA JA SW OT AM AM JV AM El AM AM NP AM OT PE AM NP OT AM PE OT OT AM AM OT AM OT OT AM OT OT AM NP AM OT AM OT AM AM AM OT AM El AM AM AM NP NP JV PE AM El AM AM AM El PE JV AM VALUE 5.0 . 70.0 16.2 4.0 13.0 1 .5 20! 0 6.0 250.0 5.0 10.0 742.6 1 .2 . . 0.5 40.0 . 4 !2 57.0 . 9.9 . 15.8 3.0 25 !o 27.0 . • 1986 F O RE IG N D I RE CT IN V E S T M E N T S T R A N S A C T I O N S ,C O M P L E T E D ,BY TS PA PA PA PA PA PR RI RI RI SC SC SC SC SC SC SC TN TN TN TN TN TN TN TN TN TN TN TN TN TN TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX US FI RM NA ME SMS E N G I N E E R I N G INC SMS E N G I N E E R I N G INC S T A U F F E R - M E I J A INC. T E XA PO L CORP. W R O U G H T P R OD UC TS DI VI S I O N ICI AM ER IC A J. KR IE GE R & SOHN P R OV ID EN CE G R A V U R E H O L D I N G S INC. T E C H N I C A L C O M P O N E N T S INC BASF S T RU CT UR AL M A T E R I A L S B E N E T E A U BOAT CO BOSCH, ROBERT CORP. EMS-AMERI CAN GR IL ON PIRELLI CABLE CORP RI CH TE X C O R P . SH OP PO NG CE NT ER AS TE C INDUSTRES INC B 1 NS WA NG ER GL A S S CO. B R I D G E S T O N E USA INC B R OT HE R IN DUSTRIES (USA) INC DUPONT CO GE NE RA L SHALE PR O D U C T S CORP. G L OB AL C L IN IC AL P H A R MA CO LO GY K O MA TS U A M ER IC A MFG. CORP. M A E R S K LINE NILES IMPORT INC. NKC OF AM ER IC A INC. PEP INDU ST RI ES INC P U LL MA X INC R I C H A R D S M E DI CA L CO. A K ZO CHEMIE AM ERICA AMEGA INDUSTRIES AMR ENERGY CORP A R C O ' S OI L / G A S P R OP ER TI ES B A N C R O F T & KLEIN INC. BASF CORP BIG THREE INDUST RI ES CANON USA CDF CH IM IE C H A R D O N O L CORP. C I T G O P E T R O L E U M CORP. C O M G R A P H I X INC. C O M M U N I C A T I O N CORP. OF A M ER IC A C O N I C - S H A CO LTD C O N O C O - NI P P O N M I N I N G V E NT UR E D A N C E R - F I T Z G E R A L D - S A M P L E H O L D I N G S INC. D A NZ AR I N V E S T M E N T GR O U P DR PE PP ER CO EAST TE XA S STONE CO EGRET E N ER GY CORP. ENGLISH HERITAGE EVAL CO. OF A M ER IC A E X P L O R A T I O N CO., THE F .A . V O IG HT S H I P P I N G CO. FE ST I V A L M A R K E T P L A C E F L A G S H I P INT'L SIC 5051 5084 2051 2821 3339 2819 3552 2754 3679 2824 5088 3714 2821 3357 3251 **** 3531 5039 5014 3572 3079 3251 7391 3531 441 1 5199 3535 3699 5084 3842 2869 3599 131 1 1311 5113 2824 1389 3674 2869 2021 291 1 7399 5063 3544 1311 731 1 62 2086 161 I 1382 5944 2869 1311 441 1 5812 * FOREIGN INVESTOR SIEMAG WEIS S STIFTUNG GU TE H O F F N U N G S H U T T E AKT (GHH) MEIJI SEIKA KAISHA LTD. COOKSON GROUP PLC NGK INSULATORS LTO IMPERIAL CH EMICAL INDS. PLC J. KRIEGER & SOHN MAXWELL, ROBERT FRANCE, GOVT OF BASF AG BE NE TE AU (C H A N T I E R S ) BO SC H FAMILY EMS CHEMIE AG PIRELLI SPA JANNOCK LTD. U N I D EN TI FI ED INVESTOR O C EANIC TRUST ACI INT'L LTD B R I D GE ST ON E CORP BROTHER INDUSTRIES LTD BR ON FM AN FAMILY TRUSTS M ARLEY PLC INSTITUTE OF CL IN IC AL PH ARMACOLOGY KOMATSU LTD. A.P. MO EL LE R GROUP EL DAR ENGINE ER IN G CO. NAKANISHI META L WORKS CO. LTD. FUJIKURA LTD PU LL MA X AB SMITH & NE PH EW ASSOC. COS PLC A K ZO GR OU P UD DE HO LM S AB FRANCE, GOVT OF LONHRO PLC BI SC HO FF & KLEIN G M BH & CO. BASF AG L 'AIR LI QUIDE SA CA NO N INC. FRANCE, GOVT OF BE L Z B E R G FAMILY VENEZUELA, GO VT OF MI NO LT A CAMERA CO. LTD. FRANCE, GOVT. OF C O N I C- SH A CO LTD NI PP ON M I N I N G CO LTD SAATCHI BROS. W E T T R E I C H , SAMUEL C A DB UR Y S C HW EP PE S PLC LA FA RG E CO PP EE SA OAVIS, A N D R E W A. E N GL IS H « H E R I T A G E K U RA RA Y CO. LTD. W E ST ER N M I N I N G CORP. H O L D I N G S LTD. F .A . VO IG HT & CO. B.V. U N I D E N T I F I E D INVESTORS CANADA, GO V' T OF NA TY GE GE JA UK JA UK GE UK FR GE FR GE SZ IT CA CA BD AS JA JA CA UK El JA DA EG JA JA SW UK NL SW FR UK GE GE FR JA FR CA VE JA FR JA JA UK UK UK FR AS UK JA AS NL BE CA OT OT JV AM AM NP NP AM AM PE OT NP PE NP AM RE AM AM OT OT NP AM JV NP OT OT NP AM OT AM PE AM AM AM JV PE AM OT NP AM AM PE El OT JV AM AM AM AM El OT NP AM Ei RE AM VALUE . . 45.2 2.0 152.5 2 o !o 4.0 11.7 16.0 1 .2 12.5 8.0 94.0 . 13.5 50 !o 35.0 284.0 . . 41.0 90.0 . 1050.0 4.5 . 540.0 . . 02.8 0 .1 124.8 0 .1 4.9 333 13 125.0 1986 FO R E I G N DI R E C T IN VE S T M E N T S T R A N S A C T I O N S ,CO MP LE T E D , 8 Y TS US FIRM NAME TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX TX UT UT UT UT UT VA VA VA VA VA FO GA L 5631 F U R N E S S S H I P P I N G & AG E N C Y (USA) INC. G I F F O R D H I L L & CO. 3273 HITACHI C O N S T R U C T I O N MC HY (AMER) CO RP IMC E X P L O R A T I O N CO 1311 K-BI N INC. 2821 KANEKA TE XA S CORP. 3079 K E N N E T H FOX SU PP LY CO. 2651 KORE A S H I P P I N G AM ER IC A INC. 4411 LAMAR FI NA NC IA L PLAZA *♦** LAND AT THE C E DA RS **** LEAR P E T R O L E U M P A RT NE RS LP AS SE TS 1311 M E M O R Y TE CH INC 3573 MITSUI & CO (USA) INC. 5051 M O BA Y CH EM I C A L 2821 M O N S O O N SHOP 5611 NATL B A N C S H A R E S CORP OF TEXAS 67 N I P P O N M I N I N G CO 1311 N I S S A N D I ES EL A M ER IC A 5012 O F F I C E BL DG **** O F F I C E TOWER •*** OMEG A ME T A L BLDG P R OD UC TS INC P A NH AN DL E EA ST ER N C O R P . 4922 PLITT P R E S ID IO SQUARE SIX CINEMAS PO TT ER & B R U M F I E L D 3622 P R U F RO CK R E S T A U R A N T S INC. 5812 SE AG UL L ENERGY CORP. 4922 SE W - E U R O D R I V E 3621 TAI VAN CORP **** TEXACO INC -N IP PO N OIL CO JV TNT SK YPACK 4511 TO SH IB A CORP 3612 TO WN LAKE CE NT ER **** T R A N S G L O B A L LINES LTD. 4411 T R IT ON ENERGY CORP 1311 T R IT ON ENERGY CORP *3 n TR IT ON ENERGY CORP. 1311 U N I V E R S A L RE S O U R C E S CO RP I3 * 1 U N I V E R S A L S T R E S S - R E L I E V I N G INC 3398 US! - FILM P R O D UC TS 3 B61 V O KO 502' W E S T E R N STRESS INC 1799 W O O D B I N E P E T R O L E U M INC. 13n X E T E L CORP 3679 Y A M A S H I T A - S H I N N I H O N S T EA MS HI P CO. 4411 ZALE CORP. 5944 BONANZA POWER PLANT 4911 EVANS & SU TH ER LA ND C O MP UT ER CORP. 3573 M & H SPOR TI NG GOOD S INC. 5699 OIL PR O P E R T I E S 1311 U T AH COPPER D I V I SI ON 102 1 A E RO FL OT 4511 A I RB US INDS. OF NO. AMERICA 5088 ALL NI P P O N A I RW AY S 4511 AL L I E D C O LL OI DS INC 2B69 BASF CORP. 2824 SIC 4411 3531 3441 7832 1311 * FO RE IG N INVESTOR NA TY FOGAL FU RN ES S NV BE AZER (HOLOINGS) PLC CH HITACHI LTD ET AL BASF AG SH IN -E TS U CH EM IC AL CO. KANEGAFUCHI CH EMICAL IND. CO. LTD. SMURFIT FAMILY KOREA SHIPPING CORP. KUMAGAI GUMI CO. LTD. G R OT EN N.V. TO TA L- CI E FR ANCAISE DE PETROLES MI TSUBISHI CORP MITSUI & CO. LTD. BAYER AG M O NS OO N FASHIONS HO LD IN GS LTO FAYED M A. ,FAYED M., FAYED S. N IPPON M I NI NG CO LTD NI SS AN MO TO R CO LTD KUMAGAI GUMI CO. LTD. CA DI LL AC F A IR VI EW CORP. LTD. HO LM ES A COURT, ROBERT ALGERIA, GOVT OF BR ON FM AN FAMILY SIEMENS AG UN IGATE PLC BRIERLEY. RONALD ET AL SEW-EU RO DR IV E G M BH & CO. TAISAI CORP N IPPON OIL CO. LTO. TNT LTO TOSHIBA CORP SUMITOMO CONS TR UC TI ON CO. LTD. CO NT AI NE RW OR LD INT'L HO LD IN G PLC YUNGHANNS, P.N. UN IT ED KINGDOM. GOVT OF CL AREMONT PE TROLEUM N.L. OPPENHEIMER, HARRY MITSUI ENGINE ER IN G & SHIPBLDG CO LTD LOW & BONAR PLC. VOKO- FRANZ VOGT & CO. MITSUI ENGIEERING I&. NEERING & SHIP BLDG MO AG E LTD. RO HM CO LTD Y A M A S H IT A- SH IN NI HON STEAMSHIP CO. LTO. BETRAND. MA RV IN & GAIL GERSTEIN ROYAL DUTCH SHELL GROUP N E WM AR KE T CO. LTD. DEE CORP PLC PROVINCE OF ALBERTA UN IT ED KINGDOM, GOVT OF SOVIET UNION, THE BR IT IS H AE RO SP AC E PLC ALL NIPPON AIRWAYS CO. LTD. A L LI ED COLL OI DS GROUP PLC BASF AG SZ NL UK JA GE JA JA EI KS JA NA FR JA JA GE UK EG JA JA JA CA AS AG CA GE UK NZ GE JA JA AS JA JA UK AS UK AS SO JA UK GE JA AS JA JA CA NL BD UK CA UK UR UK JA UK GE OT OT AM NP AM NP PE AM OT RE RE AM JV OT PE OT AM OT OT RE RE AM AM OT AM AM AM NP JV JV OT OT RE OT EI EI EI EI AM AM OT AM AM AM OT EI AM AM AM AM OT OT OT OT PE PE VALUE 275! 0 125! 0 1 15!o 7.0 13.5 60 !o 22.0 45.0 3.2 ioo!o 6.3 9! 6 1 .2 15.0 3.2 550.0 664. 0 66.6 29 .0 220.0 1986 F O R E I G N DI R E C T TS VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VA VT WA WA WA WA WA WA WA WA WA WA WA WA WI WI WI WI WI WI WV WY I N V E ST ME NT S T R A N S A C T I O N S ,C O M P L E T E D ,BY US FI RM NAME BO E N PA RQ UE T F L OO RI NG BU D' S DE EP DI S C O U N T DRUG STORE CANO N VI R G I N I A INC. C A P I T A L SY ST EM S INC. CIT - A L C A T E L INC E L I Z A B E T H RIVER T E R M I N A L S INC FIORUCCI FOODS USA GE FANUC A U T O M A T I O N CO IM PERIAL 400 HO T E L S JA PA N AIR LI NE S (JAL) KAY CO RP K N OC KN ER CONT RA CT PA CK AG IN G INC LA N D (112 ACRES) LONE STAR INDS. INC. M E D I T E R R A N E A N S H IP PI NG CO. N E I G H B O R H O O D TH E A T E R S INC. NO R T H E R N T E LE CO M INC R A D I A T I O N SY ST EM S INC. R O B E R T S H A W C O N T R O L S CO. RO Y A L O R D I N A N C E INC. SAN-J INTL INC THE SUMMIT N O R T H E R N A I RW AY S INC'S M A I N T . OPS A I R B O R N E FR EI GH T CORP A M E R I C A KOTOBUKI EL E C T R O N I C S IND. INC. C O ST CO W H O L E S A L E CORP. FIRS T & STEW AR T BLDG H I D D E N V A LL EY TR OU T FARM HY UN DA I M E R C H A N T M A RI NE CO. JOHNSON GROUP KOYO AM ER IC A CORP. M A R U Y A M A MFG. CO. MOTEL S HARP M I C R O E L E C T R O N I C S TECH. INC U N I V A R CORP. KRAF T D Y N A T R O N I X INC K R E M E R “UR BA N CO. K R E M E R S UR BA N CO 'S (CERTAIN ASSETS) N I T R A G I N CO. INC. P A RK ER PEN *S W R I T I N G DIV. TRI-CLOVER DIVISION W H E E L I N G N I S S H I N INC. H E N L E Y G P S SODA ASH O P E R A T I O N S SIC FOREIGN INVESTOR NA TY 5031 5912 3573 7379 3661 4463 2013 3541 701 1 451 1 5944 7399 **** 3272 441 1 7832 3661 3662 3822 5099 2035 ♦ *** 4582 4712 3651 5141 ♦* ** 0921 441 1 5031 5146 5083 701 1 3674 5161 5065 2834 2834 2873 3951 3431 3312 1474 JOHAN G. OLSE N INDUSTRIES A/S BAT INDUSTRIES PLC CANON INC. SHL SYST EM SH OU SE INC. FRANCE, GOVT OF VAN OM ME RE N N V , PHS S A L U M I F I C 10 CESARE FIORUCCI SPA FANUC LTD INTERPART SA JAPAN, GOVT OF VAN EKRIS, A N TH ON IE C. K N O C KN ER -W ER KE AG CADILLAC FAIR VI EW CORP LTD T A RM AC PLC M E D I T E R R A N E A N SHIPPING CO. DRABINSKY, GA RT H 8. BRONFMAN FAMILY BELL CA NA DA EN TE RP RI SE S INC F I DE LI TY INTL LTD. SIEBE PLC ROYAL OR DI NA NC E PLC SAN-JIRUSHI CORP POLAR - BEK INNOTECH A V I A TI ON LIMITEE TNT LTD M A TS U S H I T A EL EC TR IC INDUST. CO. LTD. C A R R EF OU R SA KO NO IK E CO NS TR U C T I O N CO ALFA AQUA FARM AS HYUNDAI CORP. NEW HOUSE CO. LTD. DA11CHI CHUO KISEN KAISHA LTD. M A R U Y A M A MFG. CO. LTD. K W AK FAMILY SH AR P CORP P A K H O E D H O L O I N G NV P HAROS AB S C HW AR Z GM BH S C HWARZ GM BH AIR LI QU ID E SA JAQUES M A RG RY 8. PETER KIBBLE ET AL A L F A - L A V A L AB N I PP ON STEEL CORP. A U S T R A L I A N C O N S O L I D A T E D INDS LTD NO UK JA CA FR NL IT JA LU JA NL GE CA UK SZ CA CA BD UK UK JA FI CA AS JA FR JA NO KS JA JA JA KS JA NL SW GE GE FR UK SW JA AS OT OT NP AM NP AM NP JV AM OT AM NP RE AM OT AM OT AM AM OT NP RE AM AM OT AM RE AM OT JV JV OT AM NP AM JV AM AM AM AM AM JV AM VALUE 14.9 125! 0 4.0 20.0 100. 0 27 .5 10.4 225! 0 10.5 0.0 1 .9 468.8 9.0 10. 0 38. 1 20.0 30.0 6.0 0.3 76^0 100. 0 69! 7 100.0 -121- APPENDIX D DESCRIPTION OF KEY TERMS Acquisition — a transaction In which title to stock or assets of the U.S. target is secured by another person or enterprise. The substantive result is that one party obtains ownership of another. Agencies — foreign financial Intermediaries operating in the United States primarily financing international transactions, but prohibited from accepting domestic deposits. Branches — foreign financial intermediaries (integral parts of the foreign parent banks) which can accept domestic deposits. Development — realty Investments that Involve construction (as opposed to purchase). Equity Increase — a rise In the percentage of equity securities held, or an equivalent increase 1n percentage ownership, by a foreign Investor. Foreign Direct Investment — the direct foreign entity of 10 percent or more of incorporated business enterprise, or an unincorporated business enterprise, and In real property. or Indirect ownership by a the voting securities of an equivalent Interest in an a 10 percent or more Interest Joint Venture -- a transaction In which two or more parties establish a new corporation to which each contributes according to the provisions of the joint venture agreement. Merger — a transaction which results in the dissolution of the acquired business enterprise, Into either another already existing or into a reorganized (but not always renamed) company. New Plant -- a new operating facility, established either in conjunction with an existing forelgn-owned productive enterprise or as a completely new venture. Plant Expansion — an addition to the capacity of an existing forelgn-owned operating facility. Purchases -- used herein to describe realty transactions, specifically the acquisition of real property. -122- Standard Industrial Classification (SIC) — categorizes U.S. Industries in a numerical classification series, in accordance with the composition and structure of the domestic economy. Subsidiaries — separate legal entities either owned or controlled by foreign Investors but permitted to do business in the United States under state and/or Federal authority. Transaction Value — the reported total cost of the investment, or the estimated proportion of the Investment if a joint venture, regardless of the source or timing of funds. ☆ U.S.G.P.O.: 1987 - 181-076/60161