1 - Internal Revenue Service

LP-1 ON 4
L OVERLAP R LP-297
297•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 ANO BY SIZE OF TOTAL ASSETS
RETURNS WITH AND WITHOUT NET INCOME
MFG.: TEXTILE MILL PFODUCTS, WW1, 6, rugs,
(SIZE OF TOTAL ASSETS AND MONEY FIGURES IN THOUSAND4 OF DOLLARS)
wpm, tutted, and braided
SIZE OF TOTAL ASSETS
0
1 OVER ZERO
ITEM
50 100 250
TOTAL ZERO
500
UNDER
1'000
UNDER
5.000
UNDER
10,000
UNDER
25,000
UNDER
509000 100.000
ASSETS
UNDER
50 100
UNDER
250
UNDER
500
UNDER
11000 .
UNDER
5000
UNDER 2501000
10.000 251000
0
4
50.000 100.000 2501000 OR MORE
NUMBER OF. RETURNS WITH AND WITHOUT NET INCOME
1 TOTAL
0
252
.2
1 86*
WITH NET INCOME 16* 49*
193 1
34* 34 20* 8 2 1
. 3 WITHOUT NET INCOME
42* 16*
59*
49*
-
34* 31
44►
9* 7 2
4 FORM 1120
1
■S - -
- •
-
3*'
■
11*
-
1
- — -
- - - -
. 5 TOTAL ASSETS 689282 1844►
6 CASH
1656* 18541* 22801* 6
28211 -
75082
' 677*
153791* 117174 62835 87949 147609
7 NOTES AND ACCOUNTS RECEIVABLE••
66* 623*
150125
2215 2566 5463* 5989 2298 4981 3333
.•
8
395*
LESS) ALLOWANCE FOR BAD DEBTS
344* 2803*
5733
4984 13876 34950*
- -
24043 15515 25687 27528
9 INVENTORIES
.
33* 66 406 1963* 1033
I
261869 219*
200 500 1452 ■
INVESTMENTS IN GOVT. OBLIGI
82* 8902* 8148* 39136 51071* 53824 23741 29822 46924
10 UNITED STATES ., ■
11 - 1
STATE AND LOCAL 80 - - - -
- -
12 OTHER CURRENT ASSETS 6366 - - -
■
. -
80
13 LOANS TO STOCKHOLDERS 33*
4803*
148* 929 660 1145* 1379
■
69 988
■
1015 -
14 MORTGAGE ANO REAL ESTATE LOANS. 98*
■
0
5754
10* 4299* ■
.-
396
■
-
- -
15 16 OTHER INVESTMENTS ■
20518
-
-
-
(5)*
- 5754
-
- 328* ■
.
274* 2826* 6901 1396 2623 6170
17 DEPRECIABLE 0
LESS! ACCUM ASSETS DEPRECIATION 310443 1338*
1459* 6459*
129383
8150* 27195
■ 785*
71284* 37408 39720 24127 93303 .
18 DEPLETABLE ASSETS 377* 1344*
1S6
1741*
- *
9574 28151* 13681 20613 5856 47261
19
■
LESS, ACCUM DEPLETION .
63
. - -
-
■ ■ -
- 156 ■
• 20 LAND
0
5651
.. - . . .
.. 63 -
■
21 INTANGIBLE ASSETS (AMORTIZABLE,
410*
19245
180* 359*
-
2519* 393
(5)*
352 458 980
22 1
.
LESS, ACCUM AMORTIZATION -
3789
- -
.
8
. 7342 11894
23 OTHER ASSETS .
(54*
.
■ 0
15029
151*
1 -
49* 6
147*
-
2
2960
• 1066
822
10348* 1949 557 841 70
24 TOTAL LIABILITIES 689282 ■
25 ACCOUNTS PAYABLE
1844* . 1656*
131693
18541* 22801* 75082 0
■
308*
153791* 117174 62835 87949 147609
26 HORT., NOTES, BONDS UNDER 1 YR.
66* 8132► 5687►
60327 -
26927
. 32392* 29539 5883 13164 9595
27 JTHER CURRENT LIABILITIES 344* 721*
45043
2051*
-
5572
216*
8402* 12393 3797 18500 8547
28 LOANS FROM STOCKHOLDERS 49* 1213* 0
127*
2820 10257 6012►
■ -
7722
9
33* -
2568 5269
29 94*
8917
MORT., NOTES. BONDS OVER 1 YR.• 108107 -
■
.
■
-
30 OTHER LIABILITIES 246*
25068
3000* 3574* 11534 16353►
■
13809
■
10601 19839 29151
31 CAPITAL STOCK 1* 80* 0
67274
18*
•
-
1697 2312* 825 1337 4499
32 1109* 14299
PAID-IN OR CAPITAL SURPLUS 393*
46677
2509* 1718 4812 17875* 7531 6314 900
33
24113
RETAINED EARNINGS, APPROP
(51* 295* 361* -
621 873*
■
26916* 5630
.
2115 428 10059
34 RETAINED EARNINGS, UNAPPROP
0
207674 . -
.. 211*
78* - 543 -
35 LESS) COST OF TREASURY STOCK 262*
3329
2492* 7109 13789 44440*
■ ■
-
39817 29724
176
25350
473*
44480
989* 92 47 1552
36 TOTAL RECEIPTS t
1313999 17577 6356►
37 BUSINESS RECEIPTS 1951*
1302377
63184*
17487
54144* 230256
6312*
267630* 269827 88602 132974 181498
INTEREST ON GOVT. OBLIGATIONS,
/934* 62740* 53714* 229423 264957* 268461 88415 132612
38
176322
UNITED STATES
0
0
157
39 STATE AND LOCAL -
2
4 5* 64 - 84 - (5)
40 OTHER INTEREST -
1852
. -
-
4 ■ -
■
2
41 RENTS (5)* 1
1709
4 v8 ► 102* 80 46
t
160 (358
42
20
ROYALTIES
.
■
■
489
115*
56
148* 5* 207* 25 6
■
19
.
1164
43 NET S..7 CAP GAIN LESS L-T LOSS. 87
.
-
.
- . a -
44
■
- 394
NET L-T CAP GAIN LESS S •
■T LOSS. 2300
- • ..
1 -
-
- - d7
4 45 NET GAIN, NONCAPITAL ASSETS 254
- 14* 6 71
■
14
46
■
2
■
2192
DIVIDENDS. DOMESTIC CORPS ' 43 15)* (5)
9*
■
180*
■
26 (5)
■
10
■
29
47 DIVIDENDS, FOREIGN CORPS 0
.
27 ■
.
3* 6 3 - 4
I . 48 OTHER RECEIPTS ' .. ■
4729 9 44*
.
■
17* -
329* 247
- -
702 .2171* 1032 34 171
49 TOTAL DEDUCTIONS
33 I
1254632 16323 6272* -
1 SO COST OF SALES AND OPERATIONS 1836*
1015251
61446*
11487
49684* 219753
4684*
260643* 252201 84377. 123271
51 COMPENSATIWI OF OFFICERS
178826
13815
1098*
99
54019*
528*
43162* 183131 212254* 202817 70659
52
96805
REPAIRS 131* 138135
0
6411
1623*
279
87*
1131* 2487 • 4001* 1069 505
4
956
53 BAD DEBTS . 33* 1285
2883 102
164* 1 801 1048*
■
583 1782 1393
54 RENT PAID ON BUSINESS PROPERTY (5)* 240
11253
98*
317 16*
90*
697 936*
115*
538 191
55
47
TAXES PA/0
258
15226 299
213*
93*
445* 1341 1413* 1841
0
393
56 INTEREST PAID 82* 1775 3310
13979
393*
147
640*
.
2568
.
3876*
33*
2869 1401
57 361*
1874
CONTRIBUTIONS OR GIFTS 576*
1131
615 12 151*
1687 1697*
154*
2499
58
565
AMORTIZATION
3125 3289
7
(5)* (5)* 93 82* 108 82
1 59
197
DEPRECIATION 15)*
41
21898 413
-
(51* ■ 3* 3*
246*
1
60
- 151
DEPLETION' 140*
99
558* 443* 2262 5275* 3164
61
■
1709
ADVERTISING
1996 5092 -
■
10773
•
$ 62
213 1 .
PENSION, PROF SH.tANNUITY PLANS 151* 99
3293
49*
52
32* 922
■ .
2076* 1880 538 1136
63 OTHER EMPLOYEE BENEFIT PLANS
5126
1712 22
- - 100*
- - -
665* 625 341
64
' 565 945
NET LOSS. NON:APITAL ASSETS..•. 0
21*
(5)*
15)
(5) 258* 727* 388
9
234 -
65 OTHER DEDUCTIONS 7
83
■
.
134396 -
-
■ 18 ►
2881
3* ■ -
649* ■
96* 3968* 3238* 23385 25787* 33819 5977
66 TOTAL RECEIPTS LESS DEUUCTIONS.••
13402 21192 $
9 67 CONSTR TAX INC FM REL FOR CORP(1, 59367 19 1254
19 .
84* 115* 1738* 4460 10503
68 NET INCOME (LESS DEFICIT)12) 6987 59384 17626 1273 84*
. . . 4225 . 9703 . 2672
■
69 NET INCOME 115* - )
65165
1738*
1273
4460
127*
10503 6987 17626 4225 9703
70 DEFICIT 115* 2670
5781*
1738* 4460 10635
■ 43*
11943* 18276 4225 9703
RETURNS OTHER THAN FORM 3120-St - -
2670
.132* 4956* 650
71 -
-
NET INCOME (LESS DEFICIT)
/
9
59384 1273
84* .
72 STATUTORY SPECIAL MOS.' TOTAL
115*
1289
1738* 4460
■
10503
-
6987 17626
73
4225 9703
NET OPERATING LOWCARRYFRO
2670
■
1232* 23 1251*
■
3
74 ■
6 2 4
DIVIDENDS RECEIVED DEDUCTION.
. /
37 ■ ■
-
■ 1251* . 1 -
0 75
-
DED FOR DIV PD, PUB UTIL STK.
■
■
23
■
3*
■
5 2 ■
76 WESTERN HEMISPHERE TRADE DEO.
4
■
., ■ ■ ■
■
■
..
- ■
.
-
.
-
77 INCOME SUBJECT TO TAX 63883
11
1273
. . . . .
' 0
. .
78 INCOME TAX (BEF CREDITS), TOT(3)
127* - 115* .
30127
1738* 4443
610
9383
42*
11943*
.
18270 4222
79 SURCHARGE
9703 2666
670
16* 607*
■
-
2098 4506 5726* 8932 2012
80
■
4806 772 ■
TAX RECOMP PRIOR YEAR INV. CR 0
26 ...
(5)* 98 158* 46* 214
*
154
81 FOREIGN TAX CREDIT
.
■
104 6
(51* ■ 5* 8* 9 (5) 1
82 INVESTMENT 'REDIT
3 .
1443 .
-
7 ■ -
- ■ - - - 3 - 95
83 NET INCOME(LESS DEF, AFTER TAX(4) 16* I
30700 670
82*
42*
16* 240 289 271 186
84 NET INCOME AFTER TAX
.
212 124
'36481
115* 1213*
670
2378
85*
6237 1550* 8965 2399
85 ESTIMATED TAX PAYMENTS
5109 2022
13683
115*
597
1213* 2378 6369 6506* 9615 2399
86 FORM 1120-S NET.
5109
■
2022 )
NCOME (LESS DEF) - - . - 1142* 3568*
-
4248 1053 2720.
DISTRIBUTIONS TO STOCKHOLDERS,
355
- - - - - . - -
.
87 CASH 6 PROP EXCEPT OWN STOCK 8704 2251
88 CORPORATION'S OWN STOCK . ■ ■
/
■
17 237* 801*
- -
773 700
• SELECTED INVESTMENT ITEMS,
3925
- -
-
89 COST OF PROP. USED FOR /NV. CR. 24995 137
90 INVESTMENT QUALIFIED FOR CREDIT
. 574* 2278*
. 22055 97
148* 4058 6158* 4456
■
1677 3332 2177
91 TENTATIVE INVESTMENT CREDIT•' 1538
574* 2147*
7 -
148* 3771 5921* 3946 655 3023 1773
92 INVESTMENT CREDIT CARRYFORWARD 33 ►
945* 148*
■ -
16* 263 413 ►
- 276 46
93 UNUSED INVESTMENT CREDIT
212 124 /
■ 117* 642* 46 140 . •
*
' 1039 ■
- 17► 66* -
■ 140* 766* 50 ■
FOOTNOTES AT BEGINNING AND END OF FILM
-
RP-1 ON 62
41
125
• U. S. TREASURY DEPARTMENT INTERNAL REVENUE SERVICE
. MINOR INDUSTRY 2270
♦