1 - Internal Revenue Service
1 - Internal Revenue Service
1 - Internal Revenue Service
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
44,1`‘I<br />
LP-1 ON 4 L OVERLAP R LP-266 266-RP<br />
MN<br />
1967 CORPORATION<br />
RP-1 ON 62<br />
SOURCE BOOK OF STATISTICS OF INCOME<br />
ACTIVE CORPORATION INCOME TAX RETURNS, JULY 1967 JUNE 196$<br />
BALANCE SHEET. INCOME STATEMENT, TAX. AND INVESTMENT CREDIT ITEMS. BY INDUSTRY GROUP AND BY SIZE OF TOTAL ASSETS<br />
RETURNS WITH AND WITHOUT NET INCOME<br />
ITEM<br />
' 098<br />
MINOR INDUSTRY 1520<br />
CONTRACT CONSTRUCTION. Heavy construction, ...cent<br />
bu(IdtnI construction<br />
(SIZE OF TOTAL ASSETS ANO MONEY FIGURES IN THOUSANDS OF DOLLARS)<br />
SIZE OF TOTAL ASSETS<br />
OVER ZERO SO 100 250 500 1.000 5.000 10.000 25.000 50.000 100,000<br />
TOTAL • ZERO UNDER UNDER UNDER UNDER UNDER UNDER UNDER UNDER UNDER UNDER UNDER 2501000<br />
ASSETS 50 100 . 250 ' 500 1.000 5.000 10,000 25.000 501000 1001000 250,000 OR MORE<br />
NUMBER OF RETURNS WITH AND WITHOUT NET INCOME<br />
1 TOTAL 12435 217 32241849 2850 1311 1iii 117 46 • 14 .3 8 1<br />
2 WITH NET INCOME 7787 88*<br />
1068 2097<br />
1019 87 38 12 2 6 i<br />
3 WITHOUT NET INCOME 129 ;11: 753 Irgi 292 30 8 2 1 2<br />
4 FORM 1120*S<br />
1<br />
112;<br />
38* 530 266* 530 39* - . * - *<br />
5 TOTAL ASSETS 7781500<br />
68003 134847 487984 588:69 79 * 926984 2177836 602349 627166 447563 248014 1019998 252057<br />
6 CASH 637911 9210 15620 70028 71107 124025 258082 82365 53941 35252 13187 102741<br />
7 NOTES AND ACCOUNTS RECEIVABLE., . 2500921 14190 40912 149848 177296 292612 737016 221866 183731 160024 48593 365990 10:::;<br />
0 LESS* ALLOWANCE FOR BAD DEBTS 14547 86 752 2388 6164<br />
601 8 ;1:81 652<br />
*<br />
9 INVENTORIES 426848 3257 3:::* 14::: 14722 4 124621 58213 66077 31825<br />
10 INVESTMENTS IN GOVT. MUG/<br />
40782 101/7<br />
UNITED STATES • *<br />
44<br />
B 4695 8483* 38084 29941 15763 98 12023<br />
11 STATE AND LOCAL 141g:<br />
296<br />
. 8<br />
::::* 14116 3061<br />
432 1170<br />
*<br />
12 OTHER CURRENT ASSETS<br />
1983 5730 16627 24929 33813<br />
96876 68234<br />
17845 6282<br />
*<br />
13 LOANS TO STOCKHOLDERS<br />
4244 3185 7449 9602<br />
7672 3931 292<br />
-<br />
14 MORTGAGE AND REAL ESTATE LOANS 3<br />
•<br />
E,<br />
1018<br />
(5) 1692* 2082 670 4228<br />
■<br />
15 OTHER INVESTMENTS 624387<br />
721* 15138 33288 29291 125162<br />
56275? 38869 118272 ,0g:.,<br />
16 DEPRECIABLE ASSETS<br />
5520395 ■ 64795 112931 432731 555944 665242 1611833 572739 360243 242646 68071 519594 1?::::<br />
17 LESS. ACCUM DEPRECIATION 3184764 * 39918 55974 258978 331330 535936 986828 351582 211319 121225 32789 232377<br />
18 DEPLETABLE ASSETS<br />
26508<br />
71695<br />
265*<br />
865 197 736* 14364 1317 3471 2729 47731<br />
19 LESS1 ACCUM DEPLETION<br />
24669<br />
265*<br />
148 65<br />
6 1461<br />
- 14555<br />
-<br />
20 LAND<br />
203425 3 * 3096 19055 11055 26:1* 57985 211i 13175<br />
14::: 18971<br />
21<br />
6350<br />
INTANGIBLE ASSETS (AMORTIZABLE) 5601 225* 169 696<br />
244 - 1232<br />
■<br />
22 LESS. ACCUM AMORTIZATION 2391<br />
95* 21 613<br />
83<br />
83 -<br />
■<br />
23 OTHER ASSETS 250831 2882 4829 17749 13896 32072 824'58ii 14283 27888 30950<br />
8579<br />
24 TOTAL LIABILITIES 7781500 68003 * 134847 487984 588699 926984 2177836 8<br />
627166 447563 248014 1019998 2:::::<br />
25 ACCOvNTS PAYABLE 1446390 12933 33963 87762 100664 206075 426040 124363 111299 99725<br />
26 MORT•, NOTES. BONDS UNDER 1 YR<br />
11530 168921<br />
959262<br />
63115<br />
69417 78234 104980 234080 31124 37844 87447 86658<br />
27 OTHER CURRENT LIABILITIES 679966<br />
TO: 8414 29866<br />
81445 212443 1:gg,94<br />
52169 27003 28623 87471 814g:0<br />
28 LOANS FROM STOCKHOLDERS 123540 10658 8462 23101 ;0:2.g 7<br />
26196<br />
(<br />
7150 9630<br />
- -<br />
29 MORT.. NOTES. BONDS OVER 1 YR 763875<br />
8838 18770 51924 89235 119912 187886 35684<br />
30 OTHER LIABILITIES<br />
121652<br />
615239<br />
2314 4268 19002 22493 .164335 12: Oil 1:63)<br />
14947<br />
14416<br />
31 CAPITAL STOCK 901277 .. 29731 23900 102335 :6124:; 108760 2;:(4:<br />
C<br />
63775 63559 r,7;7. 17079 138109<br />
32 PAID-IN OR CAPITAL SURPLUS 277729<br />
11368<br />
- 1940 1136* 15710 19909<br />
17922 32430 19238 96627<br />
33 RETAINED EARNINGS. APPROP<br />
2183<br />
54753 ..<br />
5* (5) 885 31/;:l1,* 16902 717<br />
34 RETAINED EARNINGS, UNAPPRCP 2097448 ■ ■27452 7788 93024 151115 247544 664100 245914 18E 123653 26:::7 55616<br />
35 LESS( COST OF TREASURY STOCK 137979 3719* • 5042 3310 18890 22274<br />
229<br />
36 TOTAL RECEIPTS 15985764 55325 261461 336815 1325124 1362198 2540292 4360783 1719912<br />
(<br />
1021692 868336 182281 1856 76 19 907<br />
37 BUSINESS RECEIPTS<br />
84638<br />
15600190 54410 257090 334208 1308217 1346423 2500651 4261652<br />
INTEREST ON GOVT. OBLIGATIONS'<br />
1676209 983933 839470 166169 1795354 76404<br />
36 UNITED STATES 3636<br />
6 (5) 16<br />
(<br />
259 33 763 518 101 14 576<br />
39<br />
2<br />
STATE AND LOCAL 2965<br />
1 - 360 205*<br />
40 OTHER INTEREST<br />
1.;71 : 528 652 44 54 168 -<br />
31189 98<br />
254<br />
i<br />
21N*<br />
2413 2513<br />
41<br />
1614<br />
RENTS<br />
501 3661<br />
918 166* 1032 212* 4:27 3039 10926 24571 253:i 5295<br />
1564 14824 2777<br />
42 ROYALTIES<br />
5163<br />
■<br />
- -<br />
48 365<br />
43 NET<br />
1070<br />
S■T CAP GAIN LESS L-T LOSS.<br />
1445<br />
•<br />
■ -<br />
1 - 1<br />
102<br />
608<br />
-<br />
44 NET L-T CAP GAIN LESS S-7 LOSS<br />
(5)<br />
40079 170* 1085* 3094 1642 2 327 7018 1618 3471<br />
588172<br />
45 NET GAIN. NONCAPITAL ASSETS<br />
868<br />
24769<br />
2326<br />
9*<br />
46<br />
5843<br />
DIVIDENDS. DOMESTIC CORPS<br />
10545<br />
C719 208<br />
t<br />
76*<br />
591<br />
47<br />
18:g 859<br />
DIVIDENDS. FOREIGN CORPS 11556<br />
3954<br />
*<br />
*<br />
■<br />
3<br />
1218183 7:<br />
48 01HER RECEIPTS<br />
Iii<br />
5iii<br />
158568 387 2!:! :<br />
275:15* 5909<br />
16!;66 1.1L 8 51283<br />
19669 12256 7446 22805 210 I<br />
49 TOTAL DEDUCTIONS 15506042 58190 276654 335636 1297007 1320677 2478423 4191503 16<br />
50 COST OF SALES AND OPERATIONS<br />
::::: 98:091735 846515<br />
12824890 48869 182808 238317<br />
180387 1796224 847711<br />
988115 1029062 2053341 3490347 1429697 854820<br />
51 COMPENSATION OF OFFICERS<br />
744019<br />
1569524 52055<br />
353168 674 17863 26023 64871<br />
57797 84304<br />
52 REPAIRS<br />
18099<br />
467 7 2451<br />
182 3849<br />
21480<br />
7<br />
22518 7395<br />
53 BAD DEBTS<br />
5257 413) :<br />
173:::;<br />
2:8? 7<br />
105<br />
407*<br />
1 :12: 1846 54;:: 1445<br />
54 RENT PAID ON BUSINESS PROPERTY<br />
1841<br />
81915 122<br />
19<br />
3561<br />
15411 5 :::: 7304<br />
55 TAXES PAID<br />
3174 1946 1833 366<br />
297197 1189<br />
lig<br />
8806 6:2:34:<br />
31836 55350 :03: 70<br />
56<br />
26696<br />
INTEREST PAID<br />
5667 1521 15163<br />
1286<br />
5501<br />
112953 401<br />
9537<br />
27616<br />
1 :T1 4971 5966<br />
6815<br />
58 AMORTIZATION<br />
802<br />
(5)<br />
6 31;4<br />
57 CONTRIBUTIONS OR GIFTS<br />
15115<br />
F<br />
7276<br />
214<br />
1022 2119<br />
505 394<br />
1 335<br />
59 DEPRECIATION<br />
15<br />
(5)<br />
2<br />
573859 1904 2917134:i: 14552 31!1 9 1::: 57057 92205 174869 55046 38143<br />
60 DEPLETION<br />
21124 5898 48168 6147 );<br />
9320 11 - 34 036 287 2405<br />
61 ADVERTISING<br />
1283 1319 611<br />
19 2515<br />
16012 7 858 599 3223 2276<br />
2670<br />
62 PENSION. PROF SH.,ANNUITY PLANS<br />
252 181:<br />
55636<br />
5<br />
3505<br />
:::7<br />
63 0-HER EMPLOYEE BENEFIT PLANS<br />
41:<br />
6711<br />
4635 ' 10=<br />
64 NET LOSS. NONCAPITAL ASSETS<br />
271:131<br />
1096<br />
• *<br />
"4:70<br />
320<br />
IN:<br />
167 983<br />
65 OTHER DEDUCTIONS<br />
*<br />
923786 3713 4Tiii * 32203 103900 92198 145359 201973 81268 411:i 50689 14949 107902 6870<br />
66 TOTAL RECEIPTS LESS DEDUCTIONS 479722 -2865 615173 1179 28117 41521 61869 169280<br />
67 CONSTR TAX INC FM REL FOR CORP(1)<br />
62850 38679 21821 1894 70683 -133<br />
■<br />
- -<br />
68 NET INCOME (LESS DEFICIT)(2)<br />
2100<br />
■<br />
48:::: -2866 *15173<br />
27757 41341 61664 168507 62322<br />
74937 ■<br />
69 NET INCOME<br />
38029<br />
133<br />
644135 2753* 3937 : 47947 57206<br />
>:70 DEFICIT<br />
87629 196124 74903<br />
10744 87645<br />
160852<br />
T:<br />
-<br />
19110 7153 20190 15865 25965 27617 12581 9<br />
RETURNS OTHER THAN FORM<br />
2r7: :iF372<br />
12708<br />
1120■51<br />
133<br />
71 NET INCOME (LESS DEFICIT) 454875 -3931 -12612 145 34980 56775 163361 62322 38029<br />
( 72 STATUTORY SPECIAL DEDS.. TOTAL<br />
23877<br />
74437 -133<br />
4123d 1329 1572 2144<br />
1 3/ 84<br />
73<br />
5833<br />
NET OPERATING LOSS CARRYFRD.•<br />
2739 1767<br />
1 :::<br />
1299<br />
3361 432<br />
1572 217 3761: ;12; 5358 14::: 2:!:<br />
74<br />
1298<br />
DIVIDENDS RECEIVED DEDUCTION.<br />
... ■<br />
36:::<br />
30 (5)8<br />
655 475 1550<br />
( 75 DED FOR DIV PD. PUS UTIL STK. .<br />
19/4:<br />
-<br />
-<br />
203 3361 432<br />
76 WESTERN HEMISPHERE TRADE DED. *<br />
1330 - - * * 851 ...<br />
77 INCOME SUBJECT TO TAX<br />
- 479<br />
* -<br />
564810 359 2172 4290 30102 41846 76836 178599<br />
( 78 INCOME TAX (BEF CREDITS), TOT(3).<br />
72295 38696 24613 10102 84900<br />
24:::: 132 340 966 8476<br />
79 SURCHARGE<br />
81482 • 18215<br />
3859<br />
-<br />
51<br />
(5)8 (5)8 32 °NI 842 376<br />
80 TAX RECOMP PRIOR YEAR INV. CR<br />
39211 *<br />
2135 13 (5) 42* 116 254 31-P77 701 43<br />
81 FOREIGN TAX CREDIT<br />
237<br />
137 51<br />
■ ■ ■ ■<br />
82 INVESTMENT CREDIT<br />
8 81<br />
24417<br />
1021 1161 5630<br />
70<br />
-<br />
84 255 1149<br />
4355<br />
83 NET INCOME(LESS DEF) AFTER TAX141<br />
3675<br />
-<br />
262294 -2928 *15429 20430 27860 34251 94441<br />
84 NET INCOME AFTER TAX<br />
423457 2691* 3681 7 :2T<br />
49:5 -1884<br />
-184<br />
406::<br />
85 ESTIMATED TAX PAYMENTS<br />
43725<br />
60216 12:::: :F1ii<br />
17162 7024<br />
59689<br />
:91=<br />
113<br />
-<br />
(5( -<br />
115<br />
15 14993 12817 :1106 14:611:0 2358<br />
86 FORM 1120*S NET INCOME (LESS DEF)<br />
16103 800<br />
28408 1065* •2561 1034* 12474 6361* 4889*<br />
DISTRIBUTIONS TO STOCKHOLDERS/<br />
-<br />
-<br />
87 CASH 8 PROP EXCEPT OWN STOCK 97354 1687• (5)6 1392*<br />
8246 15991 13952 2932<br />
3523<br />
88 CORPORATION'S OWN STOCK<br />
16606 2141<br />
11939 ■<br />
123:11 5191* 3937 400<br />
SELECTED INVESTMENT ITEMS,<br />
89 COST OF PROP. USED FOR INV. CR . 680306 2034 5927 12740 463277 63637 119193 201269 65187 46869 31931 12::: 69069<br />
90 INVESTMENT QUALIFIED FOR CREDIT<br />
4028<br />
427425 1404 3747 7135 26218 35236 72708 123805 39548<br />
24171 6436<br />
91 TENTATIVE INVESTMENT CREDIT<br />
3292<br />
29735 97 253 466 1741 2524 5006<br />
92<br />
8662<br />
271:::<br />
INVESTMENT CREDIT CARRYFORWARD. 15798 - 127 256 1530 1444 2405<br />
93 UNUSED INVESTMENT CREDIT<br />
1057<br />
20974 27. 296 468 2106 5355 3655 Ng :::: 318 51g2ii<br />
236<br />
FOOTNOTES AT BEGINNING AND END OF FILM<br />
U. S. TREASURY DEPARTMENT • INTERNAL REVENUE SERVICE