1 - Internal Revenue Service

L OVERLAP R LP-288
288-RP
1967 CORPORATION
SOURCE BOOK OF STATISTICS OF INCOME
ACTIVE CORPORATION INCOME TAX RETURNS. JULY 1967 JUNE 1968
BALANCE SHEET, INCOME STATEMENT, TAX, AND INVESTMENT CREDIT ITEMS, BY INDUSTRY GROUP AND BY SIZE OF TOTAL ASSETS
RETURNS WITH AND WITHOUT NET INCOME
ITEM
TOTAL
ZERO
ASSETS
RP-1 ON 62
MINOR INDUSTRY 2099
MFG.. FOOD 61 KINDRED PRODUCTS: Food 6 kindred products
(SIZE OF TOTAL ASSETS AND MONEY FIGURES IN THOUSANDS OF DOLLARS)
not allocable
OVER ZERO SIZE OF TOTAL ASSETS
50 100 250 500
UNDER
11000
UNDER
5.000
UNDER
10.000 25.000
UNDER UNDER
50.000 100,000
50 100
UNDER UNDER
250
UNDER
500
UNDER
1.000
UNDER
5 , 000
UNDER
10,000
250,000
25,000 50.000 100.000 250,000 OR MORE
118
a
a
a
NUMBER OF RETURNS WITH AND WITHOUT NET INCOME
1 TOTAL 85
-
2 WITH NET INCOME
42* 16* 16*
83* -
7* 1 . 2
3 WITHOUT NET INCOME 42* 16*
1
2
16* 7* 1
■
■
4 FORM 1120-S -
■
1
■
'.
■
. -
2
5 TOTAL ASSETS 1154900
6 CASH
. 2920* 2754* 4869* ■
27388
18987*
•
8033
85*
7 NOTES AND ACCOUNTS RECEIVABLE
869* 312250
16*
805087
241N1
998*
.
8 LESS, ALLOWANCE FOR BAD DEBTS
635*
450
1066* 1328* 6693* 12046 12924
■
9 INVENTORIES
.
2520
. - 69229
279248
129*
160403
40
■
INVESTMENTS IN GOVT. °BUG,
85* 66* 787* .
6906*
1032
1735
10
57339 212328
UNITED STATES
1339
■
11 STATE AND LOCAL
-
■ 97 ■
1528
■ ■
12 OTHER CURRENT ASSETS
. .
8048
,.
.
. .
1242
13 LOANS TO STOCKHOLDERS
42* ■ 151* .. . 1528
-
323*
169*
156 7527 .
■ ■
14 MORTGAGE AND REAL ESTATE LOANS
■ ■ -
15 OTHER INVESTMENTS 151::i *
16 DEPRECIABLE ASSETS, 605477 -
17 LESS, ACCUM DEPRECIATiON 252423
18 DEPLETABLE ASSETS . -
19 LESS. ACCUM DEPLETION •
20 LAND 12480,
21 INTANGIBLE ASSETS (AMORTIZABLE) 196
22 LESS. ACCUM AMORTIZATION 112
23 OTHER ASSETS 79350
24 TOTAL LIABILITIES 1154900
116
25 ACCOUNTS PAYABLE
2920* 2754* 4869*
99074
18987*
26 MORT.. NOTES, BONGS UNDER 1 YR
423*
8033
65* 6181*
64110 •
919*
312250 805087
27 OTHER CURRENT LIAEILITIES
127*
1084'
33*
74706
3311*
31696
494
58706
28 LOANS FROM STOCKHOLDERS
719* 197* 16* 2515*
11625
939
48520
29 MORT., NOTES, BONDS OVER 1 YR
127* (51* 202*, -
7 764 62556
.
■
30 OTHER LIABILITIES
:Tii*
623* 247S* -
31 CAPITAL STOCK
85*
286
32*
188095
47*
73203 21109
32 PAID-IN OR CAPITAL SURPLUS
42*
1622
1246*
98890
246* 883*
3238 42434
134 -
33 RETAINED EARNINGS, APPROP
-
-
- 74
20767
1621
164827
-
34 RETAINED EARNINGS, UNAPPROP 505762
. 97195
35 LESS. COST OF TREASURY STOCK•
1397*
.
.
a
1246*
21223
-2262* 8856*
.
2128
.
. .
..
298
66762
225
427635
-
36 TOTAL RECEIPTS 20700
2062236
37 BUSINESS RECEIPTS
12442* 32116*
2025742
6722*
40964*
12442*
46489
INTEREST ON GOVT. OBLIGATIONS,
32116*
6722*
40326* 46435
450606 1472897
38 UNITED STATES
427897 1459804 a
444
39
.
STATE AND LOCAL .
432
(5)
40 OTHER INTEREST
- 444
3026
.
.
41 RENTS
. 432
.
O
it
- -
97 2
42 ROYALTIES
. 729
4464
.
■
.
■
- 5* 4
■
43 NET S-T CAP GAIN LESS L-T LOSS
■
2g
258
■
.
44 .
67 4397
NET L-T CAP GAIN LESS S-T LOSS. 108 . .. ■ 1 ::*
(5)
45 NET GAIN. NONCAPITAL ASSETS.••.
258
64 -
■
46
43
DIVIDENDS. DOMESTIC CORPS . .
47
1172
.. 5
■
DIVIDENDS. FOREIGN CORPS
.5
. 59
5900
I
.
3
■
-
48 OTHER RECEIPTS
■
20340 - - .
48
49 TOTAL DEDUCTIONS 5.i).
a
1896468 ■ ■
50 COST OF SALES AND OPERATIONS•• 11892* 30870*
' 1386249 51 COMPENSATION OF OFFICERS .
.
40:::: 45367
8929* 27755* ::!::
33693*
4 E
39653
1305746
6370*
52 REPAIRS
1836*
4994
398726 ■ 6316
.
129 871362
53 BAD DEBTS
2470
a
■ 898
847
132
■
54 KENT PAID ON BUSINESS PROPERTY
.
3339
7165
.
364 42
55 I TAXES PAID
3:8* .
. 171
1 :
26021
-
74
-
42!!! 380
56 INTEREST PAID .
148*
2226 3805
8576
. 6:4*
57 CONTRIBUTIONS OR GIFTS
-
Ili
496
.
16* .
42:5
1423
374* 207
20057
58 AMORTIZATION
6387
196
15)*
/
. . 4 ■
59 DEPRECIATION ..
42359
.
60 DEPLETION
. 381*
1
3::: 197*
.
780*
1:1
298 ■
61 ADVERTISING
■
337:2
133674
ai
■
62 PENSION. PROF SH..ANNUITY PLANS
42* 49*
11025
15)* . 57 ■
- 7966
63 OTHER EMPLOYEE BENEFIT PLANS ■
125171
■
- 31::: 49
■ ■
64 NET LOSS, NONCAPITAL ASSETS
33*. 9446
■
TB;
82* 110 /
■
65 OTHER DEDUCTIONS
.. .
255357
.
5*
1:0:
1
1525* 295*
5477
3381* 3808
16914
66 TOTAL RECEIPTS LESS DEDUCTIONS
229270
165768
0
67 CONSTR TAX INC FM REL FOR CORP(1)
. 550*
5309
1246*
16646**
■ ■
465* 1122
.4832
68 NET INCOME (LESS DEFICIT)(2)
167151
170645
69 NET INCOME
-
550* 12:6*
175477
66*
465*
1122
5309 /
70 DEFICIT
550*
17
1246* 66*
465*
.4832
1122
172028
- -
RETURNS OTHER THAN FORM 1120 ■Si
.
.
.
172028
71
-
NET INCOME (LESS DEFICIT)
4832
170645
O
.
72 STATUTORY SPECIAL DEDS., TOTAL
.
■
73 .
-4832
NET OPERATING LOSS CARRYFRD•. 1063 550* 1246* 66*
4:!* 1122
172028
66*
66* -
■
■
■
74 ■
994
DIVIDENDS RECEIVED DEDUCTION. 997
66* ■ - la
■ ■
* 75 .
DED FOR DIV PD. PUB UTIL STK.
. ■
.
.5 - ■ ■
. ■
■
■
76 .
994
WESTERN HEMISPHERE TRADE DED• • ■
-
. ■ .. .. - . -
77 INCOME SUBJECT TO TAX
. IP
-
.
. •
78 INCOME TAX (BEF CREDITS), TOT13) 550*
.
■
.
178M:
1241::
.
-
4:322*
.
79 SURCHARGE 127* 5:8*
1122 :
. 172028
2069 • .
■
80 -
TAX RECOMP PRIOR YEAR INV•.CR.•
15)*
9 84754
150
II
O 81 FOREIGN TAX CREDIT
.
..
6705
.
6
82 INVESTMENT CREDIT.•) ■
9
2980
133
-
•
■
83 NET INCOME(L
.
INCOMEESS DEF) AFTER TAX(44
.
87493
• 2: :
11 I
84 NET. AFTER TAX 92334 .
66*
..
iiii
601
85 ESTIMATED TAX PAYMENTS
.
■4841
94889
TA
90210
86 F RM 1120-S NET INCOME (LESS DEF) O
.
- 1!)* - :: 2:6*
66*
- m
296* 601
■
341
902100
0 0 :
I
- ■
DISTRIBUTIONS TO STOCKHOLDERS)
548
- -
54000
■
-
87 CASH al PROP EXCEPT OWN STOCK
.
62364
88 CORPORATION'S OWN STOCK -
a
SELECTED INVESTMENT ITEMS)
.
34 = 2299 60031
89 COST OF PROP. USED FOR INV. CR. 50551 • 85*
90 INVESTMENT QUALIFIED FOR CREDIT 33*
47157 500* 155
• 91 TENTATIVE INVESTMENT CREDIT.• 85*
3293
33*
5435
■ .
468*
44343
155
92 INVESTMENT CREDIT CAFAYFORWARD 15)*
15)*
465 - 33*
4470
93 UNUSED INVESTMENT CREDIT -
.
11
41946
778 - 82* .
.
.
313 2936
. .
82*
383
696
FOOTNOTES AT BEGINNING AND END OF FILM
IP U. S. TREASURY DEPARTMENT ■ INTERNAL REVENUE SERVICE
•
- - 5. . ■ . . 49 .
15
. 2708* 459* 3246* - 6484*
33196 118279
4242
931* 66* 902* 3199* 112191
1194
476147
. 38119
■ . .
208012
■ ■ . . . .
127*
.
.
115*
- 67*
.
163
.
.
. 3059
.
8949
.. . 196
(5)* 360* 279* 696*
.
1
112
55782 22232
I
a
a
0