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10.4.1 UN 4 L OVERLAP R LP.298 29840' 6P■ 1 ON 62<br />

1967 CORPORATION<br />

SOURCE BOOK OF STATISTICS OF INCOME<br />

ACTIVE' CORPORATION INCOME TAX RETURNS, JULY 1967 ■ JUNE 1968 126 .<br />

. BALANCE SHEET, INCOME STATEMENT, TAXI AND INVESTMENT CREDIT ITEMS/ BY INDUSTRY GROUP AND BY SIZE OF TOTAL ASSETS<br />

RETURNS WITH AND WITHOUT NET INCOME<br />

MINOR INDUSTRY 2280 6<br />

MM., TEXTILE MILL PRODUCTS, Yarn 4 thread 1.111.<br />

(SIZE OF TOTAL ASSETS AND MONEY FIGURES IN THOUSANDS OF DOLLARS)<br />

e<br />

SIZE OF TOTAL ASSETS<br />

OVER ZERO 50 100 250 500 1 , 000<br />

ITEM<br />

5.000 10,000<br />

TOTAL<br />

25,000<br />

ZERO<br />

50,000 100.000<br />

UNDER UNDER UNDER UNDER UNDER UNDER UNDER UNDER<br />

ASSETS<br />

UNDER UNDER<br />

50<br />

UNDER<br />

100<br />

250,000<br />

250 .<br />

6<br />

500 1,000 5,000 10,000 25,000 50.000 100.000 250,000 OR MORE<br />

NUMBER OF RETURNS WITH AND WITHOUT NET INCOME<br />

•<br />

1 TOTAL 677 1 44*<br />

85* 109*<br />

2<br />

150<br />

WITH<br />

52* 183 33 11 6 2 1 ■<br />

NET INCOME 505 1<br />

. 1<br />

42* 109*<br />

WITHOUT NET INCOME<br />

116* 35* 152 31<br />

172<br />

10 6 2<br />

43* 43* -<br />

..<br />

34*<br />

B<br />

4 FORM 1120-S<br />

17* 31 2* 1 ■<br />

43* 1<br />

. - 38* 1 ■ 4<br />

■<br />

5 TOTAL ASSETS<br />

6<br />

1466578 801* 7151* 16372* 55094 42949* 414592<br />

6 CASH<br />

232703 172353 210385 130239 183939<br />

87466 5 253* 2961* 8067* 762* 34339<br />

7 NOTES AND ACCOUNTS RECEIVABLE<br />

13856<br />

.412249<br />

8650 6198 1205 11170 .<br />

382* 2243* 5240* 15933 2460* 95277<br />

8<br />

52338 44926<br />

LESS. ALLOWANCE FOR BAD DEBTS<br />

65075<br />

4869<br />

22778 105597 0<br />

■ . . 49*<br />

9<br />

694<br />

INVENTORIES<br />

490* 1028<br />

336483<br />

772 305 1531<br />

255* 1565* 2754*<br />

INVESTMENTS IN GOVT. OBLIG.<br />

15161 13948* 100944 70097 39870 40317 44014 7558<br />

10 UNITED STATES 9283<br />

■ — -<br />

11 STATE AND LOCAL<br />

27* . .<br />

4814* . ■ ■ . .<br />

12 OTHER CURRENT ASSETS<br />

24<br />

28860<br />

14 1 2* 500* 240* F410!*<br />

13 LOANS TO STOCKHOLDERS<br />

::::* 1075<br />

1503<br />

9469 1484<br />

42*<br />

1744<br />

0<br />

1:::<br />

14 MORTGAGE AND REAL ESTATE<br />

—<br />

LOANS.<br />

344<br />

13<br />

640<br />

- ..<br />

16 15 DEPRECIABLE OTHER INVESTMENTS ASSETS 982145 91955 2 - 326* 16606<br />

7161* ■ 8997* 2098<br />

25395 44019* 315252 171299 136897 147119 11121<br />

10 —<br />

45440<br />

298* 4147*<br />

0<br />

17 LESS. ACCUM DEPRECIATION 513855<br />

114:<br />

* 136* 9 33086: 15930<br />

18 .<br />

23915* 168497<br />

DEPLETABLE ASSETS —<br />

98714<br />

69562 6::::<br />

178<br />

.<br />

.<br />

19<br />

.<br />

LESSI ACCUM DEPLETION — .., - - ... I<br />

■<br />

- — —<br />

20 LAND<br />

. —<br />

6963 3<br />

. .<br />

339*<br />

21<br />

158* 445* 361i:<br />

INTANGIBLE ASSETS (AMORTIZABLE)<br />

1040<br />

45*<br />

742 121 374<br />

-<br />

;1:<br />

- -<br />

.<br />

1 ■<br />

22 LESS, ACCUM AMCRTIZATION 4*<br />

. -<br />

(5)*<br />

0<br />

■<br />

23 OTHER ASSETS<br />

.<br />

23527<br />

1 ■ . -<br />

■<br />

..<br />

O.* 906* 4637* 3036<br />

1458 952 4355<br />

24 TOTAL LIABILITIES<br />

1466578 -<br />

8021* 7151* 16372* 55094 42949* 414592<br />

0<br />

25 ACCOUNTS PAYABLE<br />

2,2:: 172353<br />

216083 -<br />

210385 13:::: 183939<br />

6441* 16461<br />

.<br />

11375* 49607<br />

26 MORT.. NOTES. BONDS UNDER 1 YR.<br />

27947<br />

11::: 2770*<br />

42882<br />

4719*<br />

27 OTHER CURRENT LIABILITIES<br />

5463* 35530<br />

1 :1 27;<br />

;::77<br />

-<br />

10191 :I:::<br />

508*<br />

0<br />

2321*<br />

28 LOANS FROM STOCKHOLDERS<br />

5937* 27310<br />

24112<br />

12250 9647 ::::<br />

.<br />

■<br />

12<br />

1:319;<br />

■ ■<br />

29 MORT•, NOTES, BONDS OVER 1 YR 167308 22117<br />

-<br />

.<br />

.<br />

21::<br />

—<br />

6578*<br />

30<br />

3490* 4033*<br />

OTHER LIABILITIES<br />

29416<br />

32301<br />

21440* 20199 9198<br />

. 0<br />

1<br />

51971<br />

18* 3979<br />

31 CAPITAL STOCK<br />

2767<br />

233011 ■ 3:4* 1270* I g:: *<br />

20652 "491<br />

32 PAID-IN OR CAPITAL. SURPLUS<br />

1081* 6<br />

56056<br />

23613 27785 64521<br />

■<br />

31<br />

16316<br />

■ 1360*<br />

132:6<br />

33<br />

18 2197* 8680<br />

-<br />

RETAINED EARNINGS,<br />

9774<br />

APPROP 13321 ■<br />

41<br />

■<br />

49*<br />

110 ■<br />

34 RETAINED EARNINGS. UNAPPROP 511825<br />

11123 227<br />

■<br />

-550* .6958*<br />

13309 13124* 19<br />

35 LESS( COST OF TREASURY STOCK<br />

* 10108697 60624<br />

..<br />

81493 296:79<br />

■ 705* 82*<br />

1561* 25 1083 2134 5: 3: 3:<br />

II<br />

36 TOTAL RECEIPTS 2308515<br />

57..71 1995* 28522* 43::::<br />

37 BUSINESS RECEIPTS<br />

110398 115897* 733403<br />

2272807<br />

391695<br />

5754<br />

308548<br />

1993*<br />

332758<br />

2E438*<br />

154656<br />

43808*<br />

80940<br />

INTEREST<br />

108237<br />

ON GOVT. OBLIGATIONS,<br />

115429* 723031 387708 37 307330 328255 153789<br />

0<br />

38 UNITED STATES 698 ■ ■ -<br />

39 STATE AND LOCAL<br />

347 94* 115<br />

277<br />

—<br />

■ -<br />

142<br />

—<br />

40<br />

.<br />

OTHER INTEREST<br />

193* 83*<br />

14387<br />

1<br />

(5)<br />

(5)<br />

(5)* (54*<br />

.<br />

41 RENTS<br />

656* 0<br />

■ 1152 487<br />

4646 (5)<br />

217<br />

(5) 42*<br />

1415<br />

16*<br />

Isa 10 ;5<br />

42 ROYALTIES<br />

304* 2143<br />

94* -<br />

129* 150 1315<br />

12<br />

■<br />

43 NET S■T CAP GAIN LESS L<br />

77*<br />

-T LOSS<br />

2 ■ 2 13<br />

■ 0<br />

—<br />

44 NET<br />

(51* — —<br />

■<br />

L—T CAP GAIN LESS S—T LOSS 2117<br />

151<br />

.<br />

15) ::::<br />

.<br />

■ ■<br />

45 NET GAIN. NONCAPITAL ASSETS<br />

16* 594 16*<br />

:::*<br />

90 798 .<br />

■ 15)<br />

137<br />

(51*<br />

- 352 132 55 —<br />

46 DIVIDENDS. DOMESTIC CORPS 115*<br />

-<br />

988 ■ — —<br />

6<br />

■<br />

47 DIVIDENDS. FOREIGN CORPS 566<br />

253<br />

131<br />

61 64<br />

■ - -<br />

101<br />

48<br />

16* ■<br />

OTHER RECEIPTS<br />

(51<br />

*<br />

11364<br />

12 -<br />

17 2 42*<br />

25 .<br />

108* 4948 2730 440 854 537 974 ■ 0<br />

49 TOTAL DEDUCTIONS 2195473 5272 2119* 28818* 41054*<br />

SO COST OF SALES AND OPERATIONS<br />

108779 111574* 696459<br />

1820328 4585<br />

371243 292949<br />

1672* 23783*<br />

311281 143474 51551<br />

51<br />

30003* 91067<br />

COMPENSATION OF OFFICERS<br />

93329* 580308<br />

33398<br />

316210<br />

67<br />

251332<br />

136* 1439*<br />

2P5425 95426<br />

.<br />

3919• 3131<br />

0<br />

52 REPAIRS<br />

2163*<br />

19509<br />

11888 4579<br />

2 1 85*<br />

925 .<br />

53 BAD DEBTS<br />

977* 90* 902* 34=<br />

3806<br />

413t 1:07 1608<br />

■ ■ ■<br />

54 RENT PAID ON BUSINESS PROPERTY<br />

131*<br />

11033<br />

448<br />

■ 43*<br />

310<br />

1243*<br />

189 1780<br />

0<br />

55 TAXES PAID 42248<br />

135<br />

866<br />

56<br />

5<br />

436<br />

INTEREST PAID<br />

1;71* ;iiLii<br />

25566<br />

14101<br />

et<br />

5:?1,0<br />

(5)<br />

4674<br />

rilii,<br />

57 CONTRIBUTIONS OR GIFTS<br />

6::: 13:3*<br />

2211 -<br />

42*<br />

5711: -<br />

11:<br />

. 0<br />

58 AMORTIZATION Ili:<br />

15<br />

Ti<br />

- -<br />

3::: Ili!<br />

0<br />

■ . '<br />

59 DEPRECIATION 151*<br />

0*<br />

65258' 285 45* 1<br />

60 DEPLETION<br />

-<br />

1:::: 20678<br />

.<br />

10528 7613 7107 21<br />

- 0<br />

61 ADVERTISING<br />

. .<br />

7984<br />

7<br />

. .<br />

62<br />

(5) 24:41:<br />

PENSION. PROF SH..ANNUITY PLANS<br />

129449* 216*<br />

10883<br />

1459 12972245 584 710<br />

■<br />

■<br />

425*<br />

4041:31<br />

63 OTHER EMPLOYEE BENEFIT PLANS..•<br />

426* 2852<br />

3086<br />

156::<br />

11<br />

1843<br />

.<br />

1578<br />

.<br />

(51*<br />

64 NET LOSS. NONCAPITAL ASSETS 562<br />

1197 268*<br />

0<br />

201<br />

■ 72 ;ii<br />

135<br />

65 OTHER DEDUCTIONS<br />

iii 82*<br />

149586<br />

194<br />

119<br />

11.1: 20;2*<br />

1:6i 79<br />

31:8* 9277 624 2 9: 48489 21597 13061 11711 2<br />

1<br />

66 TOTAL RECEIPTS LESS DEDUCTIONS<br />

113042 499<br />

.296*<br />

67 CONSTR TAX INC FM REL FOR CORP(11<br />

1978* 1619 4323* 36944 20452 15599 21477 11182 .611<br />

■<br />

68 NET INCOME (LESS DEFICIT1(21<br />

.<br />

112765<br />

.<br />

499 -124*<br />

.<br />

■<br />

1978*<br />

69 NET INCOME<br />

1619 4323* 36751<br />

499<br />

20369 21477 11182 7.26::<br />

70 DEFICIT 3456*<br />

Ligrot<br />

6569* 4 %/:<br />

- 728:<br />

1::::<br />

"E.<br />

214:7 11182<br />

—<br />

RETURNS OTHER THAN FORM 1120.51<br />

924<br />

611 -<br />

2<br />

71 NET INCOME .(LESS DEFICIT)<br />

111805 499 -124* ■296*<br />

72 STATUTORY SPECIAL DEDS.. TOTAL.<br />

11ii<br />

1 86: 70* :::::<br />

3706<br />

35822 20;346!*<br />

■<br />

—<br />

15598<br />

11182 -611<br />

73 NET OPERATING LOSS CARRYFRD.•<br />

1537*<br />

2912<br />

392* 696 110* 536 21 1:7 86 ■<br />

74<br />

.<br />

DIVIDENDS RECEIVED DEDUCTION. 392*<br />

794<br />

220*<br />

6<br />

484 189<br />

■ .<br />

75 DED FOR DIV PO. PUB UTIL STK 476 52 54 ■<br />

■ 86<br />

■<br />

■<br />

■<br />

■<br />

76 WESTERN HEMISPHERE TRADE DED.<br />

.<br />

■<br />

■ ■ ■<br />

- - - ■<br />

. .<br />

77 INCOME SUBJECT TO TAX<br />

. . .<br />

118569 498<br />

.<br />

2<br />

.<br />

-<br />

.<br />

550*<br />

78 INCOME TAX (FIEF CREDITS, t TOT(3,•<br />

1919*<br />

54995<br />

6190* 38523<br />

233<br />

-<br />

20: 1;2 042: 160:3 21232 111::<br />

.<br />

79 SURCHARGE<br />

297<br />

5: 5* 2799* 17751<br />

100::<br />

■<br />

114131i<br />

5365<br />

9 .<br />

16*<br />

0<br />

50 TAX RECOMP PRIOR YEAR INV. CR.•<br />

(:)*<br />

144<br />

■<br />

215<br />

(54<br />

81 FOREIGN TAX CREDIT<br />

-<br />

(51*<br />

2 4<br />

49* 26 971 57<br />

22<br />

■<br />

82 INVESTMENT CREDIT<br />

.<br />

9<br />

■<br />

■<br />

9<br />

(5) - 7<br />

■<br />

.<br />

83 NET INCOME(LESS DEF) AFTER TAX(4)<br />

98*<br />

62965 275<br />

1265 0<br />

-124*<br />

610<br />

:42:2::<br />

1437 544<br />

' .<br />

-.<br />

84 NET INCOME<br />

1443*<br />

AFTER TAX<br />

1 2 58 1/9::<br />

73291<br />

20265<br />

275<br />

111:8 79 63 76<br />

425<br />

41 11923<br />

7*<br />

6610 -620<br />

85 ESTIMATED TAX PAYMENTS 23944 77<br />

4045* 23645<br />

.<br />

10285<br />

.<br />

. 2<br />

■<br />

86 FORM 1120-S NET. INCOME (LESS DEFT 960<br />

6695 1 9:67* 4198<br />

DISTRIBUTIONS TO STOCKHOLDERS(<br />

14:: -1<br />

31B4<br />

■ ■<br />

■ 929<br />

■ .. .. -<br />

. V.<br />

87 CASH 8 PROP EXCEPT OWN STOCK 20880 38 -<br />

88 CORPORATION'S OWN STOCK<br />

82* -<br />

5473* -<br />

246* 4522 4472* 2844 4146 4495 35 .<br />

■ ■ ■<br />

63 SELECTED INVESTMENT ITEMS,<br />

... 4232* . 595 646 - ■ -<br />

89 COST CF PROP. USED FOR INV. CR. 91053 134 - 42* 2867* 1529* 6113*<br />

1<br />

90 INVESTMENT QUALIFIED FOR CREDIT 82847<br />

25599<br />

134<br />

8136 25391 8844 11864 534<br />

■ 42*<br />

,<br />

2844*<br />

91 TENTATIVE INVESTMENT<br />

1460*<br />

CREDIT<br />

3976* 23325<br />

5816<br />

7712 23840<br />

9<br />

7781 11330 403<br />

92 INVESTMENT CREDIT CARRYFORWARD<br />

(5)* 212* 116* 267*<br />

1674<br />

1636 542 1669 544 793 28 .<br />

■<br />

49* 413* 32*<br />

/<br />

93 UNUSED INVESTMENT CREDIT 592 462* 126 .... - ■<br />

2310 ■<br />

163* 381* 24* 961 394* 359 ■ — 28 -<br />

FOOTNOTES AT BEGINNING AND END OF FILM 0<br />

U. S. TREASURY DEPARTMENT ■ INTERNAL REVENUE SERVICE 1

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