1 - Internal Revenue Service
1 - Internal Revenue Service
1 - Internal Revenue Service
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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