1 - Internal Revenue Service
1 - Internal Revenue Service
1 - Internal Revenue Service
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LP-1 ON 4 L OVERLAP R LP-270 270-RP RP ■ 1 ON 62<br />
1967 CORPORATION<br />
S<br />
SOURCE BOOK OF STATISTICS OF INCOME<br />
ACTIVE CORPORATION INCOME TAX RETURNS. JULY 1967 JUNE 1968<br />
BALANCE SHEET, INCOME STATEMENT, TAM AND INVESTMENT CREDIT ITEMS. BY INDUSTRY GROUP AND BY SIZE OF TOTAL ASSETS<br />
RETURNS WITH AND WITHOUT NET INCOME<br />
ITEM<br />
(SIZE OF TOTAL ASSETS AND MONEY FIGURES IN THOUSANDS OF DOLLARS)<br />
SIZE OF TOTAL ASSETS<br />
OVER ZERO 50 100 250 500 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 250,000<br />
ASSETS 50 100 250 500 1/000 5.000 10,000 25.000 50,000 100.000 250.000 OR MORE<br />
102<br />
MINOR INDUSTRY 1538<br />
CONTRACT CONSTRUCTION: Special trade contractors<br />
not elsewhere classified<br />
0<br />
O<br />
NUMBER OF RETURNS WITH AND WITHOUT NET INCOME<br />
1 TOTAL 40189 894 21969 6656 6605 2385 1052 586 29 11 1 1.<br />
2 WITH NET INCOME 24723 122* 11513 4730 5113 1953 803 457 20 10 1 1<br />
3 WITHOUT NET INCOME 15466 772 10456 1926 1492 432 249 129 9* 1<br />
It FORM 1120-S 7593 189* 4429 1554 1060 228* 76* 56 1<br />
5 TOTAL ASSETS 5070411 - 397328 485434 1048298 811469 717233 1082405<br />
•<br />
6 CASH 191132<br />
535205<br />
147685<br />
..<br />
49417<br />
62641 56664<br />
- 140010<br />
118242 79613 82966<br />
7 NOTES AND ACCOUNTS RECEIVABLE,<br />
103011<br />
1976248<br />
7896<br />
-<br />
17752<br />
127919<br />
1770<br />
181719 409573<br />
4650<br />
8<br />
297284 351262<br />
LESS. ALLOWANCE FOR BAD DEBTS<br />
450327<br />
25047<br />
72152 40115 9334 36563<br />
■ 892 1508 3120 3883<br />
0<br />
9 INVENTORIES 7362 5928<br />
646695 -<br />
818* 881<br />
33834 58827<br />
50<br />
107573 117002<br />
805<br />
INVESTMENTS IN GOVT. OBLIGI<br />
82522 159217 20831 18620 572 47697<br />
10 UNITED STATES 14394 .. 5 - 0<br />
11<br />
1236 5688 516 6568. ■<br />
STATE AND LOCAL 10 ■<br />
5058 - a 133 1984 105<br />
371<br />
12 OTHER CURRENT ASSETS 75 1959* ■ 793 ■<br />
269881 1<br />
■ 14493 19008 30997 42046<br />
13 LOANS TO STOCKHOLDERS<br />
27129 55643<br />
51224 -<br />
7912 34891<br />
9364 18109<br />
36170<br />
12186 7388<br />
1592<br />
14 MORTGAGE ANO REAL ESTATE LOANS<br />
1777* 2389<br />
10813<br />
11 .<br />
■ 450 3374<br />
15 OTHER INVESTMENTS<br />
1940 703* 714* 3529 103 . ■<br />
175803 - 6478 8547<br />
.<br />
30057 24234<br />
16 DEPRECIABLE ASSETS<br />
24830 42125<br />
2159502<br />
18659 3513 298 17062 0<br />
17<br />
- 249175 216803 578562 366849<br />
LESS, ACCUM DEPRECIATION<br />
256061 344553<br />
1091363<br />
73752<br />
..<br />
31167<br />
137138 110558<br />
3061<br />
301270<br />
.<br />
179218 131146<br />
39519<br />
18 DEPLETABLE ASSETS 185008<br />
2537<br />
21852<br />
439<br />
11161<br />
800*<br />
1947<br />
482* 47 232<br />
12065<br />
19 LESS) ACCUM DEPLETION 1<br />
761<br />
536 ■ 198 343 57 . 49<br />
0<br />
■<br />
20 LAND 114 . • .<br />
123993 - 8936 15933 26064 26703<br />
.<br />
21 11465<br />
INTANGIBLE ASSETS (AMORTIZABLE)<br />
25485<br />
10112<br />
3081*<br />
-<br />
4999<br />
1212<br />
200<br />
2970 819<br />
1127<br />
22<br />
1048<br />
LESS. ACCUM AMORTIZATION<br />
539 314<br />
3452<br />
421 3 . 2786<br />
■ 804 276 420 842 244 139 0<br />
23 OTHER ASSETS 209569<br />
333<br />
- 21406<br />
1 .<br />
15232 33450 26702 15946<br />
393<br />
78359 8695 7865 9 1905<br />
24 TOTAL LIABILITIES 5070411 - 397328 485434 1048298<br />
25 ACCOUNTS PAYABLE<br />
811469 717233 1082405<br />
1053709 -<br />
191132 147685<br />
95377<br />
49417<br />
107586 226430<br />
140010<br />
26 MORT.: NOTES. BONDS UNDER 1 YR<br />
145710 193919 210770<br />
589563<br />
36785 17168 3774<br />
■ 50294 58017 141336 99432<br />
16190<br />
27 OTHER CURRENT LIABILITIES<br />
75507 110836<br />
599971<br />
16411<br />
- 38676<br />
20291 73 .<br />
39688 79931 98457<br />
17366<br />
78595<br />
0<br />
28 LOANS FROM STOCKHOLDERS 140689<br />
168143<br />
38107<br />
-<br />
34875 42590 .<br />
54542 22112 37645 23595<br />
8363<br />
29 MORT., NOTES, BONDS OVER 1 YR<br />
15069 14443 737* ■<br />
518291 ■ 36777<br />
30<br />
54914 104288<br />
OTHER LIABILITIES<br />
81623 48811<br />
375636<br />
80112 32793 16932 21<br />
■ 18109 16540 32382 53466 53216<br />
62020 0<br />
31 CAPITAL STOCK 161616<br />
685136<br />
20306<br />
- 119667<br />
19321 9<br />
102367 167669 104685<br />
671<br />
32 PAID-IN OR CAPITAL SURPLUS<br />
76932<br />
119125<br />
80905 14980 5800 1072<br />
■ 6160 10345 33762 11059<br />
33 RETAINED EARNINGS, APPROP<br />
9261 19049<br />
11830<br />
21870 2888* 7476 714<br />
■ 770 503 3785 2114<br />
7600<br />
329*<br />
0<br />
34 RETAINED EARNINGS, UNAPPROP••.• 1006137<br />
3622 567<br />
-16875 81345<br />
140 .<br />
234924 204453<br />
.<br />
35 LESS' COST OF TREASURY STOCK<br />
159015 267844<br />
57130<br />
28536<br />
6169 7983<br />
28637 1517<br />
13854 11327 3209<br />
16741<br />
10302 978 2955 353 - 0<br />
36 TOTAL RECEIPTS . 12866743 78266 2006545 1449915 2827736 2027236<br />
37 BUSINESS RECEIPTS<br />
1690479 2190398<br />
12732441 76601<br />
243050<br />
1989875<br />
161168 37706<br />
1442620 2806556 154244<br />
INTEREST ON GOVT. OBLIGATIONS(<br />
2007001 1678996 2156925 232134 157762 37361 146610 0<br />
38 UNITED STATES 604 ■ 1<br />
39<br />
(5)*<br />
STATE AND LOCAL<br />
33 295 19 249<br />
4278<br />
7 15) .<br />
■ (5)<br />
■ 212<br />
40 OTHER INTEREST<br />
85 151 33 3923* ■<br />
9312 13 509 987<br />
24 15) 1<br />
0<br />
41 RENTS<br />
1982 1262<br />
29242<br />
984 2326<br />
230<br />
250<br />
517<br />
808 87 104<br />
42<br />
1512<br />
ROYALTIES<br />
2824 3778 4020<br />
1803<br />
5699<br />
477<br />
- 3296* 1409 121 5836 .<br />
■<br />
43<br />
(5) 180<br />
NET S-T CAP GAIN LESS 1...7 LOSS<br />
(51 49 18 881* - ■<br />
1119 555 55 341 17*<br />
198<br />
19 52*<br />
5<br />
44 NET L-T CAP GAIN LESS S . 1 ■ ■ T LOSS. 8378 63* 79<br />
O<br />
1086 413*<br />
45 NET GAIN. NONCAPITAL ASSETS<br />
1027 1369 166 3508 32 4 ■<br />
7160 508 2356 263 1516 710<br />
1330<br />
1998<br />
348 ' 638 110<br />
ill<br />
46 DIVIDENDS, DOMESTIC CORPS 31 11 22* 99<br />
3 3 85 .<br />
181 137 1199<br />
0<br />
47 DIVIDENDS. FOREIGN CORPS 1650 94* 65 .<br />
■ ■ . 45) -<br />
159<br />
O 48<br />
■<br />
OTHER RECEIPTS 1462 188*<br />
■<br />
68758 393 11635 3831 13093<br />
-<br />
12003 5708<br />
(51<br />
14399<br />
•<br />
6058 1092 134 462 ■ 0<br />
49 TOTAL DEDUCTIONS 12575435 78081 1999729 1436218 2765367<br />
50 COST OF SALES AND OPERATIONS••<br />
1974418<br />
9697475<br />
1644280 2103614<br />
58331 1469403<br />
234304 155863 36182 147379<br />
51<br />
1046618 2074841<br />
COMPENSATION OF OFFICERS 692469<br />
1540126<br />
4539<br />
1320508<br />
184202<br />
i738513 182891 130262 32127 103855 . 0<br />
52 REPAIRS<br />
120528 166569<br />
81312<br />
97473<br />
423<br />
61994 49799<br />
8791 7964<br />
5140 1302 641 282<br />
53 BAD DEBTS<br />
30784 15114<br />
27955 490<br />
7361 9058<br />
2955 3652<br />
701 349<br />
5415<br />
111 656 .<br />
54 RENT PAID ON BUSINESS PROPERTY 4662<br />
108650<br />
3443<br />
510<br />
5639<br />
21185<br />
1188 57 6 448 0<br />
55<br />
12062<br />
TAXES PAID<br />
26206 13564<br />
333384<br />
19487 11027<br />
1318 56346<br />
1102 937 317 2253<br />
56 INTEREST PAID<br />
39132 76972 50602<br />
70676<br />
44427<br />
435<br />
52137<br />
6925<br />
3673<br />
6996<br />
. 5464 610 2703<br />
57 CONTRIBUTIONS OR GIFTS<br />
15575<br />
3809<br />
11972 8276<br />
28*<br />
13236 2711 1537 38 2975 . 0<br />
58<br />
264<br />
AMORTIZATION<br />
134 526 701<br />
882<br />
604<br />
(51*<br />
1335 65 61 59 32<br />
59<br />
50<br />
DEPRECIATION<br />
17 474<br />
246801<br />
98<br />
1196<br />
102<br />
33790<br />
7<br />
30039<br />
11* 4 119<br />
60 DEPLETION<br />
64939 41534 29265<br />
237<br />
35636<br />
-<br />
5656<br />
3<br />
1773<br />
12*<br />
236<br />
115<br />
2737 .<br />
(5) . . 107<br />
0<br />
61 ADVERTISING ■<br />
36013 531 6963 5360 7796 . .<br />
62 PENSION. PROF SH.tANNUITY PLANS<br />
6919<br />
53059<br />
3267 3304 '<br />
410*<br />
494<br />
4635<br />
89 4 1260<br />
63 OTHER EMPLOYEE BENEFIT PLANS.•.<br />
2721 10743<br />
63595<br />
9598<br />
433*<br />
9252<br />
9994<br />
12913<br />
7845<br />
1627 566 183 .<br />
15194 6601 9763<br />
411<br />
41678<br />
.<br />
152 735<br />
5<br />
64 NET LOSS. NONCAPITAL ASSETS...• 3396 286*<br />
49<br />
604 232 224<br />
1151<br />
65 OTHER DEDUCTIONS 265<br />
1155722<br />
123<br />
9151<br />
- 1437<br />
193599<br />
207<br />
152900<br />
18 .<br />
268994 175189<br />
.<br />
126406 157895<br />
.<br />
28579 12709 1801 28497 - 0<br />
66 TOTAL RECEIPTS LESS DEDUCTIONS 291308 185 6816<br />
67 CONSTR TAX INC FM REL FOR CORP(1)<br />
13697 62369 52818 46199 86784<br />
• 175*<br />
8746 5305 1524<br />
■ . • 6865 ■<br />
68 NET INCOME (LESS DEFICIT)(2)<br />
.<br />
287205 /67* .<br />
185 . . . 6<br />
69 NET INCOME<br />
6816 13485 62284 52818<br />
444804<br />
46166 82869<br />
2470*<br />
8913<br />
50061<br />
5281<br />
40092<br />
1524 6864 .<br />
70 DEFICIT<br />
101141 64733 60685 99280<br />
157599 2285<br />
11654<br />
43245<br />
6300 1524 6864<br />
RETURNS OTHER THAN FORM 1120-S,<br />
26607 38857 11915 14519 16411 2741* 1019 . .<br />
71<br />
0<br />
NET INCOME (LESS DEFICIT)<br />
247461 -1046 -1540<br />
72 STATUTORY SPECIAL DEDS.0 TOTAL<br />
7813 48461 49998<br />
29034<br />
42290 79517<br />
31<br />
8299 5281 1524 6864<br />
73<br />
8263 4405<br />
NET OPERATING LOSS CARRYFRD<br />
7489<br />
27264<br />
3480 4<br />
1717 2903 440 1 71 - 135 - 0<br />
74<br />
8263 4405 7408<br />
DIVIDENDS RECEIVED DEDUCTION. 1733<br />
3348 1613 1786 359 78 . .<br />
01' 75<br />
27 151 (5)<br />
DED FOR DIV PD, PUB UTIL STK.<br />
el 132 104 1117 81* 56 .<br />
■ - - 135 ..<br />
■<br />
76 WESTERN HEMISPHERE TRADE'DED• -<br />
.<br />
37<br />
.<br />
.<br />
■ ■ ■<br />
...<br />
-<br />
0<br />
■<br />
77 INCOME SUBJECT TO TAX<br />
. ■<br />
356467 676 3 7 - ■ -<br />
0'<br />
25521<br />
78 INCOME TAX (BEF CREDITS), TOT(3)<br />
24854<br />
.<br />
76611 56573<br />
127929<br />
55143 92104<br />
222<br />
10602* 6130 1524 6729<br />
79 SURCHARGE<br />
5148 5603 21364<br />
977<br />
18658<br />
(5)<br />
23099 42108<br />
(5) (5)<br />
5025* 2912<br />
82<br />
725<br />
164 253 469<br />
3065 0<br />
80 TAX RECOMP PRIOR YEAR INV. CR.•<br />
569 9 ■<br />
(5) .<br />
0 81 FOREIGN TAX CREDIT<br />
(Si 2 140 199<br />
1225<br />
77 128 19 (5)<br />
■<br />
. ■ 4<br />
82 INVESTMENT CREDIT 16<br />
6847 40<br />
16 691 458* 43 ■<br />
85 . 1 I<br />
83 NET IN<br />
338 1664<br />
ESE DEFI AFTER TAX(4)<br />
1889<br />
166123,<br />
3<br />
1123 1378 97 36 15 - 182<br />
84 NET INCOME AFTER TAX<br />
1753 8220 42584 36049<br />
323773 2288*<br />
24190 42139<br />
44998<br />
3985 2405 814 . 3981<br />
85 ESTIMATED TAX PAYMENTS<br />
34829 81474<br />
17676<br />
47980 38709 58550<br />
■<br />
(51 1<br />
6726<br />
164<br />
3424 814 - 3981 0<br />
86 FORM 1120.4 NET INCOME (LESS DEF)<br />
1000 408<br />
39744<br />
12372<br />
1231*<br />
1249* 300 .. ■ 2182<br />
R<br />
8356<br />
DISTRIbUTIONS TO STOCKHOLDERS,<br />
5672 13823 2820* 3876* 3352 614 - .. .. .<br />
87 CASH S PROP EXCEPT OWN STOCK 46393 ■ 11569 5460<br />
88 CORPORATIONS OWN STOCK<br />
8280 5397<br />
1403*<br />
3548 8869 1448 718 . ■<br />
■<br />
248*<br />
1104<br />
SELECTED INVESTMENT ITEMS) 323 832* ■<br />
-<br />
■<br />
89 COST OF PROP. USED FOR INV. CR. 218444 1464* 17143 21223 53984 45573 31490 38973<br />
0<br />
90 INVESTMENT QUALIFIED FOR CREDIT 135150 659*<br />
4159 632 270 ■ 3533 .<br />
It<br />
8291<br />
91<br />
11510 32844<br />
TENTATIVE INVESTMENT CREDIT.•.•<br />
29479<br />
8422<br />
21436 25913<br />
41<br />
1880<br />
254 507<br />
525 213<br />
2081<br />
..<br />
1900<br />
2400<br />
92 INVESTMENT CREDIT CARRYFORWARD•<br />
1492<br />
3266<br />
1796<br />
(5)<br />
131<br />
211<br />
37<br />
465<br />
15 .. 168 - 0.<br />
93 UNUSED INVESTMENT CREDIT<br />
926 527<br />
4771<br />
221 847 52 1 2 .. 14<br />
O<br />
1 380 592 1280 573 591 1264 86 2 2 ■ -<br />
FOOTNOTES AT BEGINNING AND ENO OF FILM 0-<br />
I U. S. TREASURY DEPARTMENT ■ INTERNAL REVENUE SERVICE<br />
•