1 - Internal Revenue Service

1967 CORPORATION
ACTIVE CORPORATION INCOME TAX RETURNS. JULY 1967 JUNE 1968
RETURNS WITH AND WITHOUT NET BALANCE INCOME SHEET, INCOME STATEMENT, TAX, ANO INVESTMENT CREDIT ITEMS. BY INDUSTRY GROUP AND BY SIZE OF TOTAL ASSETS
ITEM TOTAL ZERO
ASSETS
SOURCE BOOK OF STATISTICS OF INCOME
RP .1 ON 62
MINOR INDUSTRY 2299 0
(SIZE OF TOTAL ASSETS AND MONEY FIGURES IN THOUSANDS OF DOLLARS)
MP0 •.1 TEXTILE MILL PRODUCTS, Until* .111 products'
not ollocabl*
SIZE OF TOTAL ASSETS
0
OVER ZERO 50 100 250 500
UNDER
1 , 000
UNDER
5.000
UNDER
10,000
UNDER
25,000
UNDER 50.000 100,000
UNDER
50
UNDER
100
UNDER
250
UNDER
500 1.000
UNDER
5.000
UNDER
10.000
250,000 0
25.000 50,000 100.000 250,000 OR MORE
NUMBER OF RETURNS WITH AND WITHOUT NET INCOME
1 TOTAL
II
26*
■ 1
2 WITH NET INCOME
1 16► ■ ■
24* .
5* ■ 1 1
3 WITHOUT NET INCUR)" - 1 16* . 1
.1*
. 3* .. 1 ■
4 FORM 1120-S -
..
2* 1 1 0
.
■
■ . .
S TOTAL ASSETS 641794 ■ 20
6 CASH
83 3590* ■ 7029* 0
■
18270 10484 52602 567986
7
1
NOTES AND ACCOUNTS. RECEIVABLE
15)• 181136
462* ■ 16 3336 14455
8 LESS,
1
ALLOWANCE FOR BAD DEBTS 1465
.
. ■ 548* . 359 13660 166570
9 INvENTORIES
.
195915
97* . 81$ 1280
INVESTMENTS IN
196* -
GOVT. OBLIGI
4992* - 915 • 13814 175998
10 UNITED STATES 10125
■
11 STATE AND LOCAL - - ■
■
.
129 9996
. ■
12 OTHER CURRENT ASSETS
■
11363 410*
—
.
13 LOANS TO STOCKHOLDERS
.
23
84 7* . .
- 71 (5)
10035
14 MORTGAGE -
■
AND REAL ESTATE LOANS. . 23
( ■ ■
15 OTHER INVESTMENTS 3881
.
■ ..
—
.
16 DEPRECIABLE
.
ASSETS
443972
172* -
- 160 -
3549
17 LESS. ACCUM
. 17 83
DEPRECIATION
2623*
244872
150*
9586 16072 415441
18
1
DEPLETABLE ASSETS
32 131*
..
.
— - 80* ■ 1182 ■ 4582
■
238864
19 ■
LESS, ACCUM DEPLETION
■ .
— .
■ ■ .
20 LAND..... 4931
■
21
10 492*
INTANGIBLE ASSETS (AMORTIZABLE)
- ■
9*
587 729 3113
■
22 LESS, ACCUM AMORTIZATION 8*
3* 1
—
23 OTHER ASSETS
.
18507
.. 3*
2 22 -
(5)
30* . .
■ 108 9372 8973
129
0
,
24 TOTAL LIABILITIES 641794 20 83
• 25 ACCOUNTS PAYABLE
3590* ■ ■ 7029*
67037 10484 52602
■
567986
26 MORT., NOTES, BONDS UNDER 1 YR 6329
5685* 518 7571
■
53263
27
287 ■
OTHER CURRENT LIABILITIES 42846 269*
5
105 3095 2573 II
28 LOANS FROM STOCKHOLDERS 3754 (S)* ■
2237* 607* 111
■
0 4 2469 35900
29 MORT.. NOTES. BONDS OVER 1
2164*
■
YR 168680
69
8
.
■ .
30 OTHER LIABILITIES
1590*
■ ■
2993
8268
■
.
11422 147392
31 1
CAPITAL
.
STOCK
95697
9* . 209
.
2775
32 PAID—IN OR CAPITAL SURPLUS
1 2402 16 ■ -
70410 169* 1000
■
10524
■ . . .
81585
33 RETAINED EARNINGS, APPROP
.
.
— 5403 65007
34 RETAINED EARNINGS, UNAPPROP.•.•
.
■
0 190370
..
35 LESS, COST OF TREASURY
•6360 ■
STOCK
180*
.. —
■
4805 - 2
290* 413 11909
■
.
184296
4805
36 TOTAL RECEIPTS
0
879800
37 BUSINESS RECEIPTS
58 2 2032* .
872328
16026*
58
10851
1820*
53177 797654
INTEREST ON GOVT. OBLIGATIONS,
16006* 10671 52290
38
791483
UNITED STATES
1
9 -
39 STATE AND LOCAL — .
40 OTHER INTEREST 2036 . -
4 . . 5
. .•
41 RENTS 990
3* a
■
le
42 197*
2o14
ROYALTIES 139 117
■
1 ■
43 NET S
675
■ T CAP GAIN LESS L—T LOSS . . 52 17 70
44 NET L-T CAP GAIN LESS S.T LOSS 211 ■ - — .
43 NET GAIN. NONCAPITAL ASSETS•••. 188 —
■
—
.
95 116 -
46 1 , :
DIVIDENDS. DOMESTIC CORPS 11* ..
■ .
■ .
■
47 11*
188
DIVIDENDS. FOREIGN CORPS 0
■ .
.
-
C
■
48 OTHER RECEIPTS 3888 .
■
2
.
15* -
6 ► . 3 759 .
49 TOTAL DEDUCTIONS
3103 11
848283
50
-
56
COST OF SALES AND OPERATIONS••.
2 1950*
691509 .
. 16336* 10751 51310
51 COMPENSATION OP OFFICERS
25
1426*
767878
3409
.
■
21
14410* 9425 ■ .
39004 .
52 REPAIRS 627219 0
17719 ■ - 237* 47 . 719
I
2385
691 ..
■ . .
16* 5* - 10 17688
54 RENT PAID ON BUSINESS PROPERTY. 15074 2
32*
33*
— ■ 11
55 TAXES PAID -
648 0
18265 2 110* .. ■
56
275
INTEREST PAID 1 66* 14654
12229 -
■ 15)
67* - 123 ■ 026
57 CONTRIBUTIONS OR GIFTS 98*
17180
1096 204*
■ 15)*
119 ■ 684
58 AMORTIZATION
11124 0
(5)* - (51* 5 .
■
■
59 ■
DEPRECIATION . (5)*
1091
30043 .
(5) -
60 DEPLETION
. 5
_
1
131*
. .
- 19 ►
.
332 1125
61 ADVERTISING
28435 I
6075
■
... .
0 . 5
62 PENSION, PROF SH..ANNUITY PLANS —
6342 ■ ■ . 11* . 14 656
63 OTHER EMPLOYEE BENEFIT
5394
PLANS 2736 . - 21 ►
. . ■
.
252
64 NET LOSS. NONCAPITAL ASSETS..••
6069
13
1
■ ■
65 OTHER DEDUCTIONS .. — 39 2697
43077 15)* —
5 1
13 -
180* 1220* 686 7691
66 TOTAL RECEIPTS LESS DEDUCTIONS
33294
31517
2
■
67 CONSTR TAX INC FM REL FOR CORP(1) — 82* ■
.310* 100
■
■
1867 29776
68 NET INCOME (LESS DEFICIT)(2) . ■
31517 —
69 . NET INCOME
2 (5) .
31848
82* ■
■310* 100 1867
t 70 DEFICIT
29776
331* — 2 15) 82* . ..
.
21* 100 1867 29776
RETURNS OTHER THAN FORM 1120 .
■51
■ 331*
—
71
.
NET INCOME (LESS DEFICIT) 31517
72 STATUTORY SPECIAL DEDS•. TOTAL.
2 (5) 82* .
1957 ■310* - 100
■ 1867
73 29776
NET OPERATING LOSS CARRYFRO
(5) 82* .
1949
(5)
8* ..
.
■
1867
74 —
DIVIDENDS RECEIVED DEDUCTION.
82*
8* .
. —
■
., 1867 .
■ ■
DED FOR DIV PD. PUB UTIL STK.
75
-
8
■ ► - —
■ ■
■ .
■
76 WESTERN HEMISPHERE TRADE DED. .
■ — ■ '
77 INCOME SUBJECT TO TAX 29892 . . ... . .
78 INCOME TAX (BEE ■ . . ■ -
CREDITS), TOM
2
)
.
14328
.
-
.
15)
:
13* .. 100 .
79 SURCHARGE
■
29777
1 . . 3* 44 .
.
.
80 TAX RECO(' 14281
PRIOR YEAR. INV. CR
.
20
-
. 15)* . 1
0 - —
81 FOREIGN
.
TAX CREDIT
.
..
16 ■ ■ — - - - - • 8
■ — ■ 20
82 INVESTMENT CREDIT 3203
.
(5 )
■
.
-
- 8
83 NET INCOME(LESS DEFT AFTER TAX141 20392 2 - - (5)* - 15 . - .
84 NET INCOME AFTER TAX 0) 82*
3188
20723 -
-313* . 71 ■ 1867 ■
85 ESTIMATED' TAX PAYMENTS 2 (5) 82* . 18683
5279 - 18* -
■
71 -
■
1867 -
86 FORM 1120-S NET INCOME (LESS DEFT
18683
■ . - - ■ - 4 -
DISTRIBUTIONS TO STOCKMOLDERS1 ■ - 5275
- . . . - - ■ ■ .
87 CASH & PROP EXCEPT DIN STOCK.•• 12348 ■
88 CORPORATION'S .
OWN STOCK
m .
.
■
- -
44 m
■ .
380 ■
SELECTED INVESTMENT ITEMS, . .
11924
. . .
89 COST OF PROP. USED FOR INV. CR. 50631
90 - 14 .
INVESTMENT 410* . ■
QUALIFIED FOR CREDIT 46646 8* . 221
■
■ 698
91
. 49280
TENTATIVE INVESTMENT CREDIT•
6 .
3269 -
410* . 8* 218 468 ..
92 INVESTMENT CREDIT CARRYFORWARD O.
45536
242 .
-
33* • ■ 151* . 15 33
93 UNUSED INVESTMENT CREDIT 16* 3188
308
-
■ 5*
49* 221
■
■
. 3* .. 254 .
FOOTNOTES AT BEGINNING AND ENO OF FILM
U. S. TREASURY DEPARTMENT - INTERNAL REVENUE SERVICE