January
31,
|
|||||||
2006
|
2005
|
||||||
Assets
|
|||||||
Investments
|
$
|
22,764,754
|
$
|
18,657,496
|
|||
Receivables:
|
|||||||
Company
contributions
|
5,947,936
|
5,296,568
|
|||||
Associate
contributions
|
15,838
|
11,365
|
|||||
Due
from broker
|
435
|
45
|
|||||
Total
receivables
|
$
|
5,964,209
|
$
|
5,307,978
|
|||
Cash
|
9,244
|
4,010
|
|||||
Net
assets available for benefits
|
$
|
28,738,207
|
$
|
23,969,484
|
Additions
|
||||
Company contributions
|
$
|
5,762,476
|
||
Associate contributions
|
504,032
|
|||
Interest and dividend income
|
501,078
|
|||
Other,
net
|
207,628
|
|||
Total
additions
|
6,975,214
|
|||
Deductions
|
||||
Benefit payments
|
1,359,325
|
|||
Net depreciation in fair value of investments
|
811,249
|
|||
Administrative expenses
|
35,917
|
|||
Total
deductions
|
2,206,491
|
|||
Net
increase
|
4,768,723
|
|||
Net
assets available for benefits, at beginning of year
|
23,969,484
|
|||
Net
assets available for benefits, at end of year
|
$
|
28,738,207
|
Net
|
||||
Appreciation
(Depreciation)
|
||||
in
Fair Value
|
||||
of
Investments
|
||||
Common
Stock
|
$
|
(1,317,619
|
)
|
|
Mutual
Funds
|
401,770
|
|||
Common/Collective
Trusts
|
100,114
|
|||
GICs
|
4,486
|
|||
Total
|
$
|
(811,249
|
)
|
January
31,
|
|||||||
2006
|
2005
|
||||||
PIMCO
Total Return Fund
|
3,514,150
|
2,346,761
|
|||||
Merrill
Lynch Retirement Preservation Trust
|
2,551,570
|
2,272,446
|
|||||
Wal-Mart
Stores, Inc. Common Stock
|
10,647,256
|
10,135,091
|
As
of
January
31, 2006
|
|||||||||||||||||||||||||||||||
Wal-Mart
Stores,
Inc.
Common
Stock
|
Merrill
Lynch
Retirement
Preservation
Fund
|
Merrill
Lynch
Equity
Index
Trust
GM
|
American
Europacific
Growth
Fund
GM
|
Franklin
Small-Mid
Cap
Growth
Fund GM
|
PIMCO
Total
Return
Fund
GM
|
Ariel
Fund
GM
|
Mass
Investment
Growth
Fund
GM
|
Davis
NY
Venture
Fund
GM
|
Total
|
||||||||||||||||||||||
Assets:
|
|||||||||||||||||||||||||||||||
Common
Stock
|
$
|
10,647,256
|
$
|
-
|
$
|
-
|
$
|
-
|
$
|
-
|
$
|
-
|
$
|
-
|
$
|
-
|
$
|
-
|
$
|
10,647,256
|
|||||||||||
Mutual
Funds
|
-
|
-
|
-
|
603,966
|
537,706
|
3,438,969
|
640,116
|
843,450
|
848,837
|
6,913,044
|
|||||||||||||||||||||
Money
Market Fund
|
-
|
113,285
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
113,285
|
|||||||||||||||||||||
Common/Collective
Trust
|
-
|
2,551,570
|
850,212
|
-
|
-
|
-
|
-
|
-
|
-
|
3,401,782
|
|||||||||||||||||||||
GIC’s
|
-
|
1,206,164
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
1,206,164
|
|||||||||||||||||||||
Investments
|
$
|
10,647,256
|
$
|
3,871,019
|
$
|
850,212
|
$
|
603,966
|
$
|
537,706
|
$
|
3,438,969
|
$
|
640,116
|
$
|
843,450
|
$
|
848,837
|
$
|
22,281,531
|
|||||||||||
Contributions
receivable
|
2,217,417
|
939,802
|
295,900
|
189,929
|
184,887
|
1,268,888
|
221,061
|
295,605
|
295,900
|
5,909,389
|
|||||||||||||||||||||
Net
assets available for benefits
|
$
|
12,864,673
|
$
|
4,810,821
|
$
|
1,146,112
|
$
|
793,895
|
$
|
722,593
|
$
|
4,707,857
|
$
|
861,177
|
$
|
1,139,055
|
$
|
1,144,737
|
$
|
28,190,920
|
Year
ended January 31, 2006
|
|||||||||||||||||||||||||||||||
Wal-Mart
Stores,
Inc.
Common
Stock
|
Merrill
Lynch
Retirement
Preservation
Fund
|
Merrill
Lynch
Equity
Index
Trust
GM
|
American
Europacific
Growth
Fund
GM
|
Franklin
Small-Mid
Cap
Growth
Fund GM
|
PIMCO
Total
Return
Fund
GM
|
Ariel
Fund
GM
|
Mass
Investment
Growth
Fund
GM
|
Davis
NY
Venture
Fund
GM
|
Total
|
||||||||||||||||||||||
Changes
in net assets:
|
|||||||||||||||||||||||||||||||
Contributions
|
$
|
2,294,706
|
$
|
805,511
|
$
|
328,215
|
$
|
219,054
|
$
|
204,944
|
$
|
1,363,041
|
$
|
243,699
|
$
|
327,310
|
$
|
328,215
|
$
|
6,114,695
|
|||||||||||
Interest
and dividends
|
133,959
|
160,080
|
-
|
27,357
|
579
|
125,471
|
40,035
|
-
|
6,598
|
494,079
|
|||||||||||||||||||||
Net
appreciation/ (depreciation) in fair value of instruments
|
(1,317,619
|
)
|
4,486
|
85,599
|
119,464
|
103,252
|
(52,681
|
)
|
11,399
|
87,574
|
99,525
|
(859,001
|
)
|
||||||||||||||||||
Benefit
payments
|
(634,095
|
)
|
(252,230
|
)
|
(50,357
|
)
|
(33,256
|
)
|
(31,800
|
)
|
(210,777
|
)
|
(37,452
|
)
|
(49,984
|
)
|
(50,726
|
)
|
(1,350,677
|
)
|
|||||||||||
Administrative
expenses
|
(3,214
|
)
|
(8,900
|
)
|
(2,528
|
)
|
(1,610
|
)
|
(1,599
|
)
|
(10,885
|
)
|
(1,894
|
)
|
(2,517
|
)
|
(2,535
|
)
|
(35,682
|
)
|
|||||||||||
Net
interfund transfers
|
(175,024
|
)
|
(191,033
|
)
|
23,256
|
(53,793
|
)
|
(30,618
|
)
|
357,452
|
40,253
|
18,810
|
(2,098
|
)
|
(12,795
|
)
|
|||||||||||||||
Other,
net
|
148,175
|
51,800
|
822
|
530
|
515
|
3,447
|
611
|
817
|
823
|
207,540
|
|||||||||||||||||||||
Net
increase
|
446,888
|
569,714
|
385,007
|
277,746
|
245,273
|
1,575,068
|
296,651
|
382,010
|
379,802
|
4,558,159
|
|||||||||||||||||||||
Net
assets available for benefits at beginning of year
|
12,417,785
|
4,241,107
|
761,105
|
516,149
|
477,320
|
3,132,789
|
564,526
|
757,045
|
764,935
|
23,632,761
|
|||||||||||||||||||||
Net
assets available for benefits at end of year
|
$
|
12,864,673
|
$
|
4,810,821
|
$
|
1,146,112
|
$
|
793,895
|
$
|
722,593
|
$
|
4,707,857
|
$
|
861,177
|
$
|
1,139,055
|
$
|
1,144,737
|
$
|
28,190,920
|
As
of
January
31, 2005
|
|||||||||||||||||||||||||||||||
Wal-Mart
Stores,
Inc.
Common
Stock
|
Merrill
Lynch
Retirement
Preservation
Fund
|
Merrill
Lynch
Equity
Index
Trust
GM
|
American
Europacific
Growth
Fund
GM
|
Franklin
Small-Mid
Cap
Growth
Fund GM
|
PIMCO
Total
Return
Fund
GM
|
Ariel
Fund
GM
|
Mass
Investment
Growth
Fund
GM
|
Davis
NY
Venture
Fund
GM
|
Total
|
||||||||||||||||||||||
Assets:
|
|||||||||||||||||||||||||||||||
Common
Stock
|
$
|
10,135,091
|
$
|
-
|
$
|
-
|
$
|
-
|
$
|
-
|
$
|
-
|
$
|
-
|
$
|
-
|
$
|
-
|
$
|
10,135,091
|
|||||||||||
Mutual
Funds
|
-
|
-
|
-
|
390,064
|
355,253
|
2,298,972
|
418,681
|
561,912
|
569,523
|
4,594,405
|
|||||||||||||||||||||
Money
Market Fund
|
-
|
179,140
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
179,140
|
|||||||||||||||||||||
Common/Collective
Trust
|
-
|
2,272,446
|
565,694
|
-
|
-
|
-
|
-
|
-
|
-
|
2,838,140
|
|||||||||||||||||||||
GIC’s
|
-
|
617,610
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
617,610
|
|||||||||||||||||||||
Investments
|
$
|
10,135,091
|
$
|
3,069,196
|
$
|
565,694
|
$
|
390,064
|
$
|
355,253
|
$
|
2,298,972
|
$
|
418,681
|
$
|
561,912
|
$
|
569,523
|
$
|
18,364,386
|
|||||||||||
Contributions
receivable
|
2,282,694
|
1,171,911
|
195,411
|
126,085
|
122,067
|
833,817
|
145,845
|
195,133
|
195,412
|
5,268,375
|
|||||||||||||||||||||
Net
assets available for benefits
|
$
|
12,417,785
|
$
|
4,241,107
|
$
|
761,105
|
$
|
516,149
|
$
|
477,320
|
$
|
3,132,789
|
$
|
564,526
|
$
|
757,045
|
$
|
764,935
|
$
|
23,632,761
|
January
31,
|
|||||||
2006
|
2005
|
||||||
Net
assets available for benefits per the financial statements
|
$
|
28,738,207
|
$
|
23,969,484
|
|||
Amounts
allocated to withdrawing participants
|
(4,191
|
)
|
(1,043
|
)
|
|||
Net
assets available for benefits per the Form 5500
|
$
|
28,734,016
|
$
|
23,968,441
|
|
|||||||
Benefit
payments per the financial statements
|
$1,359,325
|
||||||
Add:
Amounts allocated to withdrawn participants at end of year
|
4,191
|
||||||
Less:
Amounts allocated on Form 5500 to withdrawn participants at beginning
of
the year
|
(1,043)
|
||||||
Benefit
payments per the Form 5500
|
$1,362,473
|
(a)
|
(b)
|
(c)
|
(d)
|
(e)
|
||||||||
|
Identity
of Issue, Borrower, Lessor,
or
Similar Party
|
Description
of Investment Including Maturity Date, Rate of Interest, Collateral,
Par
or Maturity Value
|
Cost
|
Current
Value
|
||||||||
**
|
Non-Participant-Directed:
|
|||||||||||
*
|
Wal-Mart Stores, Inc.
|
Common
Stock
|
$
|
4,801,977
|
$
|
10,647,256
|
||||||
*
|
Merrill Lynch
|
Premier
Fund
|
113,285
|
113,285
|
||||||||
*
|
Merrill Lynch
|
Retirement
Preservation Trust
|
2,551,570
|
2,551,570
|
||||||||
AIG
|
GIC
- 4.5%
|
156,058
|
156,058
|
|||||||||
AIG
Wrapper Contract
|
GIC
- Wrapper Contract
|
2,439
|
2,439
|
|||||||||
|
Bank
of America
|
GIC
- 4.6%
|
152,196
|
152,196
|
||||||||
|
Bank
of America Wrapper Contract
|
GIC
- Wrapper Contract
|
3,865
|
3,865
|
||||||||
|
IXIS
Financial Products, Inc.
|
GIC
- 4.0%
|
134,950
|
134,950
|
||||||||
|
IXIS
Financial Products, Inc. Wrapper Contract
|
GIC
- Wrapper Contract
|
4,145
|
4,145
|
||||||||
|
Genworth
Life Insurance Company
|
GIC
- 4.9%
|
2,495
|
2,495
|
||||||||
|
Genworth
Life Insurance Company
|
GIC
- 4.9%
|
4,910
|
4,910
|
||||||||
|
Genworth
Life Insurance Company
|
GIC
- 4.2%
|
9,510
|
9,510
|
||||||||
|
Hartford
Life Insurance Company
|
GIC
- 5.7%
|
7,655
|
7,655
|
||||||||
|
Hartford
Life Insurance Company
|
GIC
- 4.6%
|
9,669
|
9,669
|
||||||||
Hartford
Life Insurance Company
|
GIC
- 3.3%
|
10,841
|
10,841
|
|||||||||
|
John
Hancock Life Insurance Company
|
GIC
- 4.6%
|
7,285
|
7,285
|
||||||||
JP
Morgan Chase Bank
|
GIC
- 4.8%
|
124,581
|
124,581
|
|||||||||
|
JP
Morgan Chase Bank Wrapper Contract
|
GIC
- Wrapper Contract
|
2,700
|
2,700
|
||||||||
|
Metropolitan
Life
|
GIC
- 4.9%
|
2,499
|
2,499
|
||||||||
Metropolitan
Life
|
GIC
- 4.8%
|
4,892
|
4,892
|
|||||||||
|
New
York Life Insurance Company
|
GIC
- 3.3%
|
5,494
|
5,494
|
||||||||
New
York Life Insurance Company
|
GIC
- 2.8%
|
4,791
|
4,791
|
|||||||||
|
Pacific
Life Insurance Company
|
GIC
- 4.4%
|
7,196
|
7,196
|
||||||||
|
Pacific
Life Insurance Company
|
GIC
- 3.2%
|
5,453
|
5,453
|
||||||||
|
Pacific
Life Insurance Company
|
GIC
- 3.3%
|
8,145
|
8,145
|
||||||||
Principle
Life Insurance Company
|
GIC
- 4.0%
|
9,306
|
9,306
|
(a)
|
(b)
|
(c)
|
(d)
|
(e)
|
||||||||
|
Identity
of Issue, Borrower, Lessor,
or
Similar Party
|
Description
of Investment Including Maturity Date, Rate of Interest, Collateral,
Par
or Maturity Value
|
Cost
|
Current
Value
|
||||||||
**
|
Non-Participant-Directed (continued):
|
|||||||||||
|
Principle
Life Insurance Company
|
GIC
- 4.3%
|
9,517
|
9,517
|
||||||||
|
Protective
Life Insurance Company
|
GIC
- 3.7%
|
9,311
|
9,311
|
||||||||
|
Protective
Life Insurance Company
|
GIC
- 3.9%
|
11,125
|
11,125
|
||||||||
|
Protective
Life Insurance Company
|
GIC
- 3.6%
|
11,014
|
11,014
|
||||||||
|
State
Street Bank & Trust Company
|
GIC-
4.7%
|
173,742
|
173,742
|
||||||||
|
State
Street Bank & Trust Company Wrapper Contract
|
GIC
- Wrapper Contract
|
3,703
|
3,703
|
||||||||
|
Transamerica
Life Insurance Company
|
GIC
- 4.8%
|
123,371
|
123,371
|
||||||||
|
Transamerica
Life Insurance Company Wrapper Contract
|
GIC
- Wrapper Contract
|
2,030
|
2,030
|
||||||||
UBS
AG
|
GIC-
4.5%
|
161,415
|
161,415
|
|||||||||
|
UBS
AG Wrapper Contract
|
GIC
- Wrapper Contract
|
4,132
|
4,132
|
||||||||
|
United
of Omaha Life Insurance Company
|
GIC
- 4.1%
|
9,449
|
9,449
|
||||||||
|
United
of Omaha Life Insurance Company
|
GIC
- 2.8%
|
6,280
|
6,280
|
||||||||
*
|
Merrill Lynch
|
Equity
Index Trust GM
|
710,190
|
850,212
|
||||||||
|
American
Europacific
|
Growth
Fund GM
|
448,725
|
603,966
|
||||||||
|
Franklin
Templeton Investments
|
Small-Mid
Cap Growth Fund GM
|
366,274
|
537,706
|
||||||||
|
PIMCO
Funds
|
Total
Return Fund GM
|
3,500,528
|
3,438,969
|
||||||||
Ariel
|
Ariel
Fund GM
|
528,288
|
640,116
|
|||||||||
Massachusetts
Investments
|
Growth
Stock Fund GM
|
669,656
|
843,450
|
|||||||||
|
Davis
Funds
|
New
York Venture Fund GM
|
623,178
|
848,837
|
||||||||
22,281,531
|
(a)
|
(b)
|
(c)
|
(e)
|
||||||
|
Identity
of Issue, Borrower, Lessor,
or
Similar Party
|
Description
of Investment Including Maturity Date, Rate of Interest, Collateral,
Par
or Maturity Value
|
Current
Value
|
||||||
Participant-Directed:
|
|||||||||
*
|
Merrill Lynch
|
Equity
Index Trust
|
163,421
|
||||||
Ariel
|
Ariel
Fund
|
19,678
|
|||||||
|
American
Europacific
|
Growth
Fund
|
63,741
|
||||||
|
PIMCO
Funds
|
Total
Return Fund
|
75,181
|
||||||
Davis
Funds
|
New
York Venture Fund
|
30,553
|
|||||||
|
Franklin
Templeton Investments
|
Small-Mid
Cap Growth Fund
|
85,059
|
||||||
Massachusetts
Investments
|
Growth
Stock Fund
|
23,880
|
|||||||
|
Allianz
Funds
|
RCM
Innovation Fund
|
6,504
|
||||||
|
AIM
Fund
|
International
Growth Fund
|
15,206
|
||||||
483,223
|
|||||||||
|
Total
Investments |
$
|
22,764,754
|
(a)
|
(b)
|
(c)
|
(d)
|
(g)
|
(h)
|
(i)
|
|||||||||||||
Identity
of
Party
Involved
|
Description
of Assets (Including Interest Rate and
Maturity
in Case of Loans)
|
Purchase
Price
|
Selling
Price
|
Cost
of Asset
|
Current
Value of Asset on Transaction
Date
|
Net
Gain
or
(Loss)
|
|||||||||||||
Category
(iii) - Series of individual transactions in excess of 5% of Plan
assets
as of January 31, 2006:
|
|||||||||||||||||||
R Retirement
Preservation Fd *
|
$
|
954,722
|
$
|
-
|
$
|
954,722
|
$
|
954,722
|
$
|
-
|
|||||||||
Retirement
Preservation Fd *
|
$ |
-
|
$ |
956,681
|
$ |
956,681
|
$ |
956,681
|
$ |
-
|
|||||||||
Wal-Mart
Stores, Inc. *
|
Common
Stock
|
$ |
-
|
$ |
1,043,837
|
$ |
623,177
|
$ |
1,043,837
|
$ |
420,660
|
||||||||
Wal-Mart
Stores, Inc. *
|
Common
Stock
|
$ |
2,767,624
|
$ |
-
|
$ |
2,767,624
|
$ |
2,767,624
|
$ |
-
|