1 - Internal Revenue Service
1 - Internal Revenue Service
1 - Internal Revenue Service
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•<br />
LP-1 'ON 4<br />
L OVERLAP R LP-269<br />
269-RP<br />
1967 CORPORATION<br />
SOURCE BOOK OF STATISTICS OF INCOME<br />
ACTIVE CORPORATION INCOME TAX RETURNS. JULY 1967 JUNE 1968<br />
RP-1 ON 62<br />
• 101.<br />
I<br />
6 BALANCE SHEET, INCOME STATEMENT. TAX. AND INVESTMENT CREDIT ITEMS. BY INDUSTRY GROUP AND<br />
RETURNS WITH AND WITHOUT NET INCOME<br />
By SIZE OF TOTAL ASSETS<br />
MINOR INDUSTRY 1532 6<br />
CONTRACT CONSTRUCTION: EIostrlos1 work<br />
(SIZE OF TOTAL ASSETS AND MONEY FIGURES IN THOUSANDS OF DOLLARS)<br />
IP<br />
OVER ZERO<br />
SIZE OF TOTAL ASSETS<br />
ITEM<br />
50 100 250<br />
TOTAL<br />
500<br />
ZERO UNDER Imo<br />
UNDER<br />
5.000<br />
UNDER<br />
10000 25,000<br />
UNDER<br />
50.000 100.000<br />
UNDER<br />
ASSETS<br />
UNDER<br />
50<br />
UNDER<br />
100 250<br />
UNDER UNDER<br />
SOO<br />
UNDER<br />
1.000<br />
UNDER<br />
5.000<br />
250.000 0<br />
10.000 25.000 501000 100,000 250,000 OR MORE<br />
NUMBER OF RETURNS WITH AND WITHOUT NET INCOME<br />
1 TOTAL 0<br />
9101 236* 4037<br />
2 WITH NET INCOME<br />
2012 1619 658<br />
6859<br />
271<br />
157*<br />
236<br />
2608<br />
25<br />
1689<br />
6<br />
1383 553<br />
1<br />
.<br />
79*<br />
221<br />
1429 323<br />
219 22* 6 1<br />
4 3 WITHOUT FORM 1120..5 NET INCOME 2242 236 105* 50* 17* - e<br />
2245 113* 1100 567 265* 189* 3*<br />
■<br />
■<br />
10 ■ 1<br />
5 TOTAL ASSETS 1604172 - 81208<br />
6 CASH<br />
145240 248335 218128 180967<br />
207196<br />
446882 173353 75419<br />
■ 11735 20541 36412 32842<br />
34640<br />
.<br />
7 NOTES AND ACCOUNTS RECEIVABLE 25630 50363<br />
.<br />
690232<br />
21300 4782<br />
■<br />
3591<br />
8<br />
31738 60131<br />
LESS) ALLOWANCE FOR BAD DEBTS<br />
114266 100793<br />
6377<br />
71634<br />
. ■<br />
184283 70762 35747<br />
■<br />
20878<br />
9<br />
299 760*<br />
INVENTORIES<br />
1888 006 475* 1352<br />
.<br />
264*<br />
0<br />
234335 9750 78 455<br />
INVESTMENTS IN GOVT. OBLIGI<br />
21062 32754 32783 31743 72863 22741* 10609 .<br />
■••<br />
10 UNITED STAPES 15262 ■ ■ ■<br />
11 STATE AND LOCAL<br />
62*<br />
1794* .<br />
1457* 1803* 11341* ■ 579 ■<br />
■ ■ 3*<br />
■<br />
■<br />
12 OTHER CURRENT ASSETS ■<br />
113007<br />
2212<br />
1445*<br />
3700 134* 1 151<br />
.<br />
13 LOANS TO STOCKHOLDERS<br />
5908 9956 17436<br />
20153<br />
26574 34640*<br />
2847 4243*<br />
12581 .<br />
14 MORTGAGE AND REAL ESTATE LOANS<br />
7222 3810* 938*<br />
.<br />
908 185* 0<br />
■<br />
1006* 6<br />
■<br />
■<br />
3*<br />
15 OTHER INVESTMENTS<br />
19*<br />
■<br />
(5)*<br />
■<br />
408* -<br />
65216<br />
535<br />
198*<br />
41 ■ .<br />
.<br />
■<br />
16 DEPRECIABLE ASSETS<br />
1853 10991 4719<br />
'357249<br />
8552<br />
-<br />
22068<br />
40259<br />
10075* 948 5812<br />
-<br />
17 49891<br />
LESS; ACCUM DEPRECIATION<br />
62155 44904 27562<br />
0<br />
171812<br />
98582 18627 12710 2559<br />
.<br />
■ 20459<br />
lb DEPLETA8LE ASSETS<br />
23406 30086 23838<br />
13* 13*<br />
14507 43848 9108 5918 642<br />
19<br />
- - ■<br />
LESS. ACCUM DEPLETION 13* .<br />
■ 13*<br />
■<br />
20 LAND<br />
. . - -<br />
■ ■<br />
26098<br />
. .<br />
■ ■<br />
21<br />
491 2837 3222<br />
INTANGIBLE ASSETS (AMORTIZABLE)<br />
5480<br />
806<br />
3901* 6832 908* 1671 756<br />
■ .<br />
22<br />
61 146*<br />
LESS; ACCUM AMORTIZATION<br />
90* 27*<br />
3S3<br />
50* 431 -<br />
■<br />
5 1 -<br />
0<br />
23 OTHER ASSETS 19*<br />
.<br />
26* 27*<br />
50360 -<br />
1 275 ■<br />
2677 5002 7170<br />
(5) ■<br />
.<br />
5620 6701 16132 3312 1786 1960<br />
24 TOTAL LIABILITIES 1604172 . 81208<br />
25 ACCOUNTS PAYABLE<br />
145240 248335 218128 180967 446882 173353<br />
0<br />
345015 18192 31046<br />
75419 34640<br />
26 MORT., NOTES. BONDS UNDER 1 YR<br />
52009 49616<br />
130383<br />
50997 79634<br />
7540 33473<br />
38059<br />
22685<br />
17339<br />
14914<br />
8123<br />
27 OTHER CURRENT LIABILITIES 269069<br />
10318 28140 2723* 8255 2335 0<br />
28 LOANS FROM STOCKHOLDERS<br />
7033 11306 26206 28256<br />
44566 . 25841 83313<br />
8220 8014 8769<br />
61971 25143<br />
9264<br />
.<br />
29 MORT.. NOTES. BONDS OVER 1 YR 82526<br />
1918* 8381 .<br />
■ 7617 13514 16953<br />
. .<br />
30 OTHER LIABILITIES 10808<br />
150767 -<br />
3349 18533<br />
3946<br />
3372* 4649 3731<br />
31 CAPITAL STOCK<br />
6437 7199 19268 17194 57417 30136* 0<br />
173973 1030<br />
■<br />
8140<br />
32 19479<br />
PAID-!N OR CAPITAL SURPLUS<br />
27201 45848 24351<br />
21440 -<br />
10719<br />
2084<br />
38270 5382 1527 1196<br />
33 RETAINED EARNINGS' APPROP<br />
2515 2804 3910<br />
8825<br />
671* 6589<br />
■<br />
2*<br />
919* 96 1852<br />
.<br />
34 RETAINED EARNINGS, UNAFPROP<br />
15* 15)* 44* . 893 7834*<br />
0<br />
393599 ■ 7481 12692 67708<br />
37<br />
60318<br />
. .<br />
35 LESS. COST OF TREASURY STOCK• 15991 -<br />
63055<br />
386<br />
131667<br />
973<br />
23180*<br />
1846*<br />
18128 9370<br />
■<br />
2621 ■ 3095* 5955 223* 785 107<br />
36 TOTAL RECLIPTS<br />
0<br />
4168139 6815* 427280<br />
37 BUSINESS RECEIPTS<br />
444468 793022 591357<br />
4132556<br />
457491<br />
5827* 425472<br />
1047066 232719<br />
441956 789256<br />
87869 80052<br />
INTEREST ON. GOVT. OBLIGATIONS;<br />
588053 453136 1035991 228959 86534 77372<br />
38 UNITED STATES<br />
0<br />
220 ■<br />
39 STATE AND LOCAL<br />
.<br />
(5) 16* 26*<br />
126<br />
66* 94 3*<br />
■<br />
15 -<br />
■<br />
40 OTHER INTEREST 15)*<br />
3742<br />
15)*<br />
79*<br />
108*<br />
121<br />
8*<br />
235<br />
1 9<br />
.<br />
41 RENTS 504 526 463 1050 585* 154<br />
0<br />
4025<br />
25 -<br />
■ ■<br />
42 ROYALTIES<br />
37* 254* 371* 379<br />
.<br />
338* 723 . 1720 160*<br />
■<br />
23 20<br />
43 .<br />
NET S-T CAP GAIN LESS L-T LOSS. 72 ■ 42<br />
...<br />
.<br />
.<br />
(5)* 19<br />
.<br />
44 NET 4..7 CAP GAIN LESS S (5) 9<br />
■T LOSS. 2241<br />
.<br />
243* 11* ■<br />
-<br />
45 NET GAIN. NONCAPITAL ASSETS<br />
42 688* 6<br />
723<br />
76*<br />
121*<br />
203*<br />
115<br />
1 882 1 0<br />
54* - 47<br />
46 DIVIDENDS. DONESTIC CORPS<br />
54* 24* 3*<br />
2926<br />
52*<br />
231* 2 2<br />
47 (5) ■ 0<br />
DIVIDENDS. FOREIGN CORPS<br />
32* 17*<br />
43*<br />
1* 709 26* (5)<br />
■<br />
2141<br />
■<br />
48 OTHER RECEIPTS<br />
. . . ■<br />
21465 508* 43* ■<br />
1234 1164 2805 2299<br />
.<br />
2847 6393 2639 1140 436<br />
■<br />
49 TOTAL DEDUCTIONS 0<br />
4012149<br />
50 COST OF SALES AND OPERATiONS<br />
6024* 420773 427724 767441<br />
3225653<br />
573421 442437 999985 214532 82773 77039<br />
51 COMPENSATION OF OFFICERS<br />
3809* 316091 304623 610244<br />
204365<br />
468525<br />
603* 43565<br />
363726 845893<br />
39388<br />
177830<br />
45427<br />
67180 67732<br />
52 REPAIRS 23620 19378 26210 4401* 1394<br />
0<br />
379<br />
53<br />
7263<br />
BAD DEBTS<br />
16* 901 514 1368<br />
14591<br />
1111<br />
167*<br />
538<br />
2073<br />
1875<br />
4669<br />
742*<br />
3053<br />
111<br />
1785<br />
87<br />
54 RENT PAID ON BUSINESS PROPERTY. 22931 67*<br />
1387<br />
3317<br />
1319<br />
3256<br />
107* 17 14<br />
55 TAXES PAID . 6118 0<br />
100222<br />
3661 1950 3602 569* 153<br />
56<br />
238<br />
INTEREST PAID<br />
283* 10757 11736 19823<br />
14099<br />
15328<br />
16*<br />
11995<br />
837<br />
25124<br />
2236<br />
3264<br />
2283<br />
1530 382<br />
■<br />
57 CONTRIBUTIONS OR GIFTS 2190<br />
1725<br />
1<br />
948<br />
44<br />
3984<br />
114<br />
1143<br />
220<br />
704 223<br />
58 AMORTIZATION 0<br />
272<br />
204<br />
1*<br />
150 903<br />
6<br />
403*<br />
4* 239<br />
05<br />
4*<br />
66<br />
59 DEPRECIATION 151• 18 . ..<br />
43450 79* . .<br />
60 DEPLETION 5786 5913 7271 .<br />
85*<br />
5219 3674<br />
■<br />
85*<br />
11717<br />
(5)<br />
.<br />
2325 1280 186<br />
■<br />
61<br />
■<br />
ADVERTISING .<br />
0<br />
7859<br />
. .<br />
5* . . .<br />
62 PENSION, PROF SH.IANNUITY PLANS<br />
1096 1591 1565 .<br />
23151<br />
1298 734 989 377*<br />
■<br />
308*<br />
132 72<br />
63 OTHER EMPLOYEE BENEFIT PLANS 1809* 2880<br />
25898<br />
1823<br />
11*<br />
3859<br />
3742<br />
7478<br />
3517<br />
4281* 487 226<br />
64 NET LOSS. NONCAPITAL ASSETS 5152 3610 3797* 5563 360* 0<br />
412 68* 146 ■<br />
65 OTHER DEDUCTIONS<br />
96* . 32*<br />
319708<br />
24*<br />
698*<br />
16*<br />
32069<br />
165<br />
48354<br />
8*<br />
61766<br />
3 - -<br />
45484 30285 65145 13722 9551 7434<br />
66 TOTAL RECEIPTS LESS DEDUCTIONS<br />
- 0<br />
155990 791*<br />
67 CONSTR TAX INC FM REL FOR CORP(1)<br />
6507 16744 25581<br />
38*<br />
17936 15054 47081 18187<br />
- 5096 3013<br />
-<br />
69 68 NET NET INCOME INCOME (LESS DEFICIT1121 ■<br />
155902<br />
-<br />
791* 6507<br />
.<br />
16744<br />
38* . ■ .<br />
11<br />
181<br />
25581 70<br />
212 1648* 17936 DEFICIT<br />
10660 20225 31830 15054 46973 18217 5095 3004 . 25310<br />
23254 16069 51057 18370* 3095 3004<br />
.<br />
857*<br />
RETURNS OTHER THAN FORM 1120.81<br />
4153 3481 6249 5318* 1015* 4084* 153* . .<br />
-<br />
71<br />
. .<br />
NET INCOME (LESS DEFICIT)<br />
132337<br />
0<br />
40* 3706<br />
72 STATUTORY SPECIAL DEDS., TOTAL<br />
10856 17877<br />
11433<br />
13718 15054 45022 18217<br />
■ 846 1652<br />
4843<br />
1902<br />
3004<br />
73 NET OPERATING LOSE CARRYFRO 8652 641* 1787* 1028 1007*<br />
■ 846 1652 3886*<br />
428 2142<br />
74 DIVIDENDS RECEIVED DEDUCTION.<br />
. IP<br />
2781<br />
625* 1786* 442 986*<br />
■<br />
428 1<br />
75 DEO FOR DIV PD. PUB UTIL STK.<br />
(5)<br />
16* 16* 1 586<br />
■ ■<br />
21* (5)<br />
■<br />
2141<br />
76 WESTERN HEMISPHERE TRADE DED. .• ... -<br />
■ ■ ■ . .<br />
.. ..<br />
-<br />
77 INCOME SUBJECT TO TAX . .<br />
■<br />
141677<br />
111<br />
■ . . .<br />
9<br />
232*<br />
78 INCOME TAX (BEE CREDITS), TOT131<br />
6649 11366 21810 , 16583<br />
54142<br />
14314 *cm 17364* 4415 862 ■<br />
79 SURCHARGE<br />
53* 1447 2532 5752<br />
370 .<br />
5864 5564 22088<br />
15)<br />
(5)<br />
8300<br />
■<br />
2139<br />
18<br />
403<br />
80<br />
.<br />
TAX RECOMP PRIOR YEAR INV. CR 21 17* 191 72* 51<br />
0<br />
83 ■<br />
P<br />
.<br />
81 FOREIGN TAX CREDIT<br />
(5)* 45) 15)* 16*<br />
16 ■<br />
45)* 19* 211 20*<br />
■<br />
(51<br />
82 INVESTMENT CREDIT....,.<br />
(5)<br />
■ ■ ■ 16<br />
1272<br />
■<br />
1 40<br />
- ■<br />
45) .<br />
83 NET INCOME(LESS OEF) AFTER TAX(4) 228 0<br />
103032 739*<br />
124 178<br />
5100<br />
522 133 32 14<br />
84 NET INCOME AFTER TAX 14212 20057 12196 9668 25407 10050 2988<br />
.<br />
128347 1596* 2615 -<br />
85 ESTIMATED TAX PAYMENTS<br />
9253 17693 26306<br />
10639 .<br />
17514 10683 29496 12344*<br />
■ .<br />
2988 2615<br />
■<br />
86 FORM 1120.4 NET INCOME (LESS DEF)<br />
■<br />
11<br />
23565 751* 1337 1210<br />
P<br />
DISTRIBUTIONS TO STOCKHOLDERS)<br />
2801<br />
5748<br />
5888 7704* 4218* . 1951<br />
- 252 -<br />
■<br />
87 CASH & PROP EXCEPT OWN STOCK 25298 7495*<br />
88 CORPORATION'S OWN STOCK<br />
1227* 1212*<br />
3496*<br />
7437 770*<br />
■ . .<br />
131* 3836 1676*<br />
1524*<br />
181<br />
e<br />
1333<br />
SELECTED INVESTMENT ITEMS;<br />
■<br />
1472*<br />
89 COST OF PROP. USED FOR INV. CR. ■<br />
40557 ■ .<br />
90 INVESTMENT QUALIFIED FOR CREDIT 25 2421 2916 7413 3978 5118 15063 2324* 863 436<br />
-<br />
If<br />
24098 12 9<br />
91 TCNTATIVE INVESTMENT CREDIT<br />
1048 1324 3964<br />
1400<br />
2707 2764 9683 1938* 459 199<br />
92 1 40 . .<br />
INVESTMENT CREDIT CARRYFORWARD<br />
(5) 179<br />
307<br />
143 193<br />
(5)<br />
665 133 32 14<br />
■<br />
93 UNUSED INVESTMENT CREDIT (51* 48 9* 2 237 11*<br />
9<br />
.<br />
f 453 (5)* (5)* 16* 28*<br />
.<br />
18* 380 11* . . .<br />
FOOTNOTES AT BEGINNING AND END OF FILM<br />
9<br />
U. S. TREASURY DEPARTMENT - INTERNAL REVENUE SERVICE<br />
ir