1 - Internal Revenue Service

LP-1 ON 4 1 event AO D 10=000
0 P99-RP
I
1967 CORPORATION
SOURCE BOOK OF STATISTICS OF INCOME
ACTIVE CORPORATION INCOME TAX RETURNS. JULY 1967 JUNE 1968
BALANCE SHEET, INCOME STATEMENT, TAXI AND INVESTMENT CREDIT ITEMS. BY INDUSTRY GROUP AND BY SIZE OF TOTAL ASSETS
RETURNS WITH AND WITHOUT NET INCOME
ITEM
RP-1 ON 62
MFG.. TEXTILE MILL PRODUCTS: Narrow fabrics
(SIZE OF TOTAL ASSETS AND MONEY FIGURES IN THOUSANDS OF DOLLARS)
SIZE OF TOTAL ASSETS
OVER ZERO 50 100 250 500
TOTAL
1.000
ZERO • UNDER
5.000
UNDER
10.000 25.000
UNDER
50.000 100.000
UNDER UNDER
ASSETS
UNDER
50
UNDER
100
UNDER
250
UNDER
500
UNDER
1.000
UNDER
5.000
250,000
10,000 25,000 50.000 100.000 250.000 OR MORE
127
MINOR INDUSTRY 2291
NUMBER OF RETURNS WITH AND WITHOUT NET INCOME
1 . TOTAL 139 1 50*
2 WITH NET INCOME
16* 33*
132
34
1
3 1 4
3 WITHOUT NET INCOME
50*
7*
16* 33* 28 3
1
4 FORM 1120-S 2
6*
2
••
5 TOTAL ASSETS 240523 . 7746*
6 CASH
5033* 21673* 63802 48077 41748 52364
t
13605 ■ - - 210*
7 NOTES AND ACCOUNTS RECEIVABLE
656* 393* 7076 ■
68894 - - -
1707 1996 1567
a
2012* 2689*
LESS1 ALLOWANCE FOR BAD DEBTS
8049* 17414
565*
-
..
6931
.
6180
.
25619
( 9 INVENTORIES
.. 131* 269* ■ 109 ■
59353 - - 2088*
56
INVESTMENT'S IN GOVT. 081.161
1131* 5869* 18753 - 13286 11282 6944
10 UNITED STATES 1615* ■ .... .
I 11
.
STATE AND LOCAL —
1220* 395 . ■
.
12 OTHER CURRENT ASSETS .
1744 ..
.. .
.
.
106* 16* 181* 282* ■
13 LOANS TO STOCKHOLDERS (5) — 672 256
15)
231
. ■ ■
14 MORTGAGE AND REAL ESTATE LOANS. — — -
-
0
.
. .
■
15 OTHER INVESTMENTS 20940 . .
1574* 344*
.
16 DEPRECIABLE ASSETS
262* 1642
114771
3562
-
4502
3841*
9054
344* 20952* 34074 ■
17LESS, ACCUM DEPRECIATION 27580 17234 10746
0
47774 ■ 2092*
18 DEPLETABLE ASSETS
164* 14197* 17505
.
- 9817 —
.
3999
19
.
LESS1 ACCUM DEPLETION — —
—
.
.
. .
20 LAND
. . . . . ■ .
0
1159
21
6 115* 458* ■
INTANGIBLE ASSETS (AMORTIZABLE) 88* :
336 214
..
30
22 LESS, ACCUM AMORTIZATION
84*
43*
. 4
.
■ ...
23 OTHER ASSETS ..
6736
42* 1
. .
■ 1 17* 180* 695 3531 84 2228
(
24 TOTAL LIABILITIES 240523 ■ 7746* 5033* 21673* 638E2 ■
25 ACCOUNTS PAYABLE 43788
48077 41748 52304
■
26
1453*
MORT., NOTES, BONDS UNDER 1 YR
2049* 4853* 9606 .
14526 2477
,.
1915
311*
21435
27 OTHER CURRENT LIABILITIES 1426* 1680* .
11197 4513 500 6096
■
28
367*
LOANS FROM STOCKHOLDERS •••••• I
607* 1410*
3767* -
4342 ■ 1839 2076
739*
556
■
29 MORT.. NOTES, BONDS OVER 1 YR 3028* - -
26129 - 707*
,-
30 OTHER LIABILITIES
1705* 2495* .
2270 -
5022 8500 7700
■
31 CAPITAL STOCK
22* 160 328*
40982
565 - 340
2287*
729 270
32 PAID-IN OR CAPITAL SURPLUS
541* 2770*
16819
8892 - 8045 14782 3665
■ ■ 295* 492* 4658* .. 2386 2148 6840
$
33 RETAINED EARNINGS. APPROP 564 - . ■ ■
34 RETAINED EARNINGS, UNAPPROP 85078 564 . .
■ -
35 LESS1 COST OF TREASURY STOCK
1565* 1820* 8689* 29403 .
4597 - 26440 11098 6063
■ - 787* - 3549 — 261
36 TOTAL RECEIPTS 426098 27579
0
-
37 BUSINESS RECEIPTS
16743* 18148* 79659* 140590
422029 27434
-
-
48990 48362
16607*
46027
18132*
INTEREST ON GOVT. OBLIGATIONS.
79282* 139683 .. 47174 48125 45592
38 UNITED STATES 120* ■ .
I 39 STATE AND LOCAL 11* .
B910 ■ 5 .
—
26
40 OTHER INTEREST 430 ■ 71 ■ ■ . 11* . 41 . RENTS
66* 151* (5)* 82* (5) .
■ 53 111 47
t
125 1
42 ROYALTIES
2 —
302
72*
68
. 12
.
1 37
43 NET S.T CAP GAIN LESS L-T LOSS. ■ ■
- -
. 134 100 —
■
44 NET L—T CAP GAIN LESS S../ LOSS. 838
. . . . .
(
4
45 NET GAIN. NONCAPITAL ASSETS
. . 19* ■ 815 -
97* 1
-
46 DIVIDENDS. DOMESTIC CORPS . .. 27* ■
194 34 24
■ 11
■ 16*
47 DIVIDENDS, FOREIGN CORPS
16*
388
(51* 162 . .
■ ■ ■
48 . .
OTHER RECEIPTS .
1564 —
. 388 .
■ 52* .. 377*
.
•
607 213 1 314
49 TOTAL DEDUCTIONS 406290 24382
I
..
50 COST OF SALES AND OPERATIONS
15841* 17820*
339885
78151* 134188
19528 46122 43478
11678*
46308
51 COMPENSATION OF OFFICERS
15378*
8027 118
68773* 112544
- 36472 35533 39979
52 REPAIRS
1238* 1000* 1606*
651
2903 999 . 163
( 53
...
BAD DEBTS
82* ■ (5)* 545* ■
174 6 10 —
. .
14
54 RENT PAID ON BUSINESS PROPERTY 1953 35
104* 34
150*
5 25
55 TAXES PAID
66* 328*
7197
744 213 27 390
56
834 .
INTEREST PAID
422*
2690
49*
225
1230* 1864 978
67*
1311 509
57 CONTRIBUTIONS OR GIFTS 16*
399 8
360* 250 488
16*
485
16*
799
58 AMORTIZATION 33*
111
178 83 65
.
■
1 59 DEPRECIATION (5)*
11179
. . (5)*
1336
100 3 a
60 DEPLETION
302* 33*
.
1524*
.
2321 1956 2848 859
61 ADVERTISING .
963
.
147
.
.
. —
16*
.
$ 62 PENSION. PROF SH. ,
33*
ANNUITY PLANS
(51*
3153 453
261 193 266
180*
4 7
115* 1345 587 473 .
■••
63 OTHER EMPLOYEE BENEFIT PLANS 1150 26
64 NET LOSS. NONCAPITAL ASSETS•
33* 49* 82*
(5)*
445* 477 33 5
■
■
65 OTHER DEDUCTIONS
■
28758 1666
(5)* ..
1837*
.
1000* 4100* 10684 3532 2429 3510.
66 TOTAL RECEIPTS LESS DEDUCTIONS 19808 3197
0
-
67 CONSTR TAX INC FM REL FOR CORP)1)
902* 328* 1508*
304
6402
.
. 2868 4884 -281
■
68 NET INCOME (LESS DEFICIT)(2) 20101
.
3197 .
304
■
902* ■•■
69 NET INCOME
328* 1508*
21037
6391
3197
, - 3172 4884 -281
1 70 DEFICIT
902* 328* 1508*
936* -. 7046 - 3172 4884 ■
RETURNS OTHER THAN FORM 1120.S1
.
- - 655* ■ ■ 281
71 NET INCOME (LESS DEFICIT) 20072 3197 ■
0 72
-
STATUTORY SPECIAL DEDS•i TOTAL.
902* 328*
137
1508* 6362 3172 4884
■ (5)* 15)*
-281
73 NET OPERATING LOSS CARRYFRD.. (5)*
■ 137
■ ■ .
—
■
74DIVIDENDS RECEIVED DEDUCTION. 137 . ■
■ ■
(5)* (5)*
' 75 DED FOR DIV PD. PUB UTIL STK. ■
(51* - ■
137
■ ■
■
—
■••
■ ■
76
■
WESTERN HEMISPHERE TRADE DED. ■ ■ -
— ■ —
'MD
77 INCOME SUBJECT TO TAX .. . ■ ■
■ .
20674 3197 -
■
$ 78 INCOME TAX (BEF CREDITS). TOT(3)
902* 328*
9100
1508*
1527
6821 3034 4884 .
79 SURCHARGE
213* 66*
32*
557*
..
3134
- 1251 2352 ■
80 TAX RECOMP PRIOR YEAR INV. CR.•
(5)* —
18
16* 16*
(5) . .
81 FOREIGN TAX CREDIT
.
■ .
■
252 18
3* 1 14
82 INVESTMENT CREDIT +
■ .
■
683 34 82*
208
16*
26
83 NET INCOME(LESS DEF) AFTER TAX(4/
114* 116 . 211 110
4,
11684 1704
84 NET INCOME AFTER TAX
771* 278* 1065* 3373 ■
12620 1704 . 2132 2642 -281
85 ESTIMATED TAX PAYMENTS
771*
5214*
278*
1058
1065* 4028 . 2132 2642
86 FORM 1120.S NET INCOME (LESS DEF)
. ■ ■
29
.
.
1127*
1037
.
1992
DISTRIBUTIONS TO STOCKHOLDERS.
— — 29
-
- —
—
87 CASH & PROP EXCEPT OWN STOCK 3854 739 . .
■
88 CORPORATIONS OWN STOCK 66* ■ 960*
■ ■ .
• 494 1478 117
r
■
SELECTED INVESTMENT ITEMS,'
■
- • .
89 COST OF PROP. USED FOR INV. CR . 13120
I
524 - -
90 INVESTMENT QUALIFIED FOR CREDIT 154*
10854
131* 1705*
484
3278
- ' i 3590
91 TENTATIVE INVESTMENT CREDIT• 154*
1846 1892 .
772
131* 1640*
34
1701
. ; 3348
92 INVESTMENT CREDIT CARRYFORWARD
160
1570 1826
16* 114*
231* .,
119
.
- 235
82*
110 128 -
■
93 UNUSED INVESTMENT CREDIT 304 ..
Si
. ■ .
- - -
141 .
- 11* . 24 ■ 269 -
FOOTNOTES AT BEGINNING AND END OF FILM
$
U. S. TREASURY DEPARTMENT - INTERNAL REVENUE SERVICE