1 - Internal Revenue Service
1 - Internal Revenue Service
1 - Internal Revenue Service
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
LP-1 ON 4 L OVERLAP R LP-304 NOMAD •<br />
RP-1 ON 62<br />
(<br />
(<br />
l<br />
(<br />
(<br />
l<br />
(<br />
(<br />
(<br />
•<br />
i • t<br />
(<br />
(<br />
A<br />
(<br />
(<br />
C.<br />
1967 CORPORATION<br />
SOURCE BOOK OF STATISTICS OF INCOME<br />
ACTIVE CORPORATION INCOME TAX RETURNS, JULY 1967 ■ JUNE 1968<br />
BALANCE SHEET, INCOME STATEMENT, TAX, AND INVESTMENT CREDIT ITEMS, BY INDUSTRY GROUP AND BY SIZE OF TOTAL ASSETS<br />
RETURNS WITH AND WITHOUT NET INCOME<br />
MINOR INDUSTRY 2330<br />
MFG.: APPAREL 6 OTHER FABRICATED TEXTILE PRODUCTS:<br />
'(SIZE OF TOTAL ASSETS AND MONEY FIGURES IN THOUSANDS OF DOLLARS) Vamen 1 s, children'• and infants , clothing<br />
OVER ZERO<br />
SIZE OF TOTAL ASSETS<br />
50<br />
ITEM<br />
100 250<br />
TOTAL<br />
500<br />
ZERO<br />
1.000<br />
UNDER<br />
•<br />
UNDER<br />
51000 101000<br />
UNDER<br />
251000<br />
UNDER<br />
50,000 100,000<br />
ASSETS<br />
UNDER<br />
50<br />
UNDER<br />
100<br />
UNDER<br />
250<br />
UNDER<br />
500<br />
UNDER UNDER<br />
1,000<br />
UNDER<br />
5.000<br />
250.000<br />
10,000 25.000 50,000 1001000 250.000 OR MORE<br />
NUMBER OF RETURNS WITH AND WITHOUT NET INCOME<br />
1 TOTAL 9090 212*<br />
2<br />
3366<br />
WITH NET INCOME<br />
1139 1634 1228<br />
6558<br />
647<br />
89*<br />
590<br />
2037<br />
38<br />
999 1184<br />
23 10 3<br />
3 WITHOUT NET INCOME 2532 123*<br />
1063 565 557 36 18 8 2<br />
■<br />
4 FORM 1120—S<br />
1329 340* 450<br />
1492<br />
165 82*<br />
643<br />
33<br />
151*<br />
2<br />
340*<br />
5<br />
191*<br />
2<br />
113*<br />
1<br />
54 — ■ •<br />
5 TOTAL ASSETS 3567735 71038<br />
6 CASH<br />
95336 264832 439132 442276 1103128<br />
303547<br />
219036 360400<br />
13217<br />
361787<br />
15375 42040<br />
210770<br />
7 NOTES AND ACCOUNTS RECEIVABLE<br />
53440<br />
1250857<br />
41770 90580<br />
- 23118<br />
7235 18035 13703 8152<br />
8<br />
29298 97854<br />
LESS. ALLOWANCE FOR BAD DEBTS<br />
200544<br />
18563<br />
159034 444990 60959 99389 80897<br />
■ 266* 542* 1159<br />
54774<br />
9 INVENTORIES 2688<br />
1184989<br />
1624 5980<br />
5939<br />
1086 2638<br />
21542 69402<br />
1801<br />
134014<br />
779<br />
INVESTMENTS IN GOVT. OBLIGI.<br />
142141 405348 106880 128660 114600 56463<br />
10 UNITED STATES<br />
9624 ■<br />
11<br />
42<br />
STATE AND LOCAL<br />
— 164* 526* -<br />
• 2500* —<br />
3874 — 4821 197<br />
■<br />
12 OTHER CURRENT ASSETS<br />
38* 115* . . 2347* — — -<br />
81089 - - • —<br />
13<br />
1796<br />
LOANS TO STOCKHOLDERS<br />
3655 4658 7217<br />
10580 — 9737 18050<br />
1196*<br />
4080<br />
169*<br />
9639<br />
2425*<br />
6014<br />
721*<br />
16243<br />
14 MORTGAGE AND REAL ESTATE LOANS 7300*<br />
476 3004 535* 77 1977<br />
15<br />
-<br />
OTHER INVESTMENTS<br />
. 3675* .<br />
207140<br />
— 438* - — 3187 .<br />
16<br />
1031*<br />
DEPRECIABLE ASSETS<br />
1017* 10012 5608 18287 37858<br />
762107 7641 48489 54089 23108<br />
17<br />
49778 42984<br />
LESS: ACCUM DEPRECIATION<br />
71081 67287<br />
364161<br />
116921 157627 38437 67676 102402 47914<br />
18<br />
29464<br />
DEPLETABLE ASSETS<br />
21429 40334 36063<br />
432<br />
54514 80648 17466 26323 40794 17126<br />
19<br />
—<br />
LESS:<br />
- — - .<br />
ACCUM<br />
—<br />
DEPLETION 402<br />
— .<br />
—<br />
.<br />
432<br />
■<br />
20 LAND .<br />
27005<br />
. . . .<br />
402<br />
■<br />
21<br />
170*<br />
INTANGIBLE ASSET!'<br />
419*<br />
(AMORTIZABLE)<br />
263* 985*<br />
18061<br />
3624 4733 1802 6114<br />
■ 51 42* 328* 1796<br />
8137 758<br />
22 LESS: ACCUM AMORTIZATION 6879<br />
381* 1060 2628 1632 10143<br />
■<br />
23<br />
5*<br />
OTHER ASSETS<br />
(5)* 132* 891<br />
92509<br />
232* 284 867 751<br />
■ 4435 2768 4440 6636<br />
3717<br />
6275 20131 8258 5580 12723 21263<br />
24 TOTAL LIABILITIES 3567735 71038<br />
25<br />
95336<br />
ACCOUNTS PAYABLE<br />
264832 439132 442276<br />
994941<br />
1103128 219036<br />
22303<br />
360400<br />
22563 83161<br />
361787 210770<br />
26 MORT•, NOTES, BONDS UNDER 1 YR 401467<br />
153464 163701 378855 54835 58633 32266 25160<br />
27<br />
17021 8886<br />
OTHER CURRENT LIABILITIES<br />
22619 53596<br />
319695<br />
44042 102992 30706 39544 44908 37153<br />
28<br />
13709 11777<br />
LOANS FROM STOCKHOLDERS<br />
27523 44524<br />
67167<br />
45705 102334<br />
7970 10430<br />
17113<br />
10566<br />
17960 27492<br />
22018<br />
11558<br />
29 MORT., NOTES, BONDS OVER 1 mi1 328175<br />
3242*<br />
—<br />
9165<br />
4322<br />
400*<br />
10076<br />
97<br />
5092<br />
3279<br />
30 OTHER LIABILITIES 77738<br />
24748<br />
—<br />
18910 37882 20488 65787 79032 61838<br />
31<br />
8327<br />
CAPITAL STOCK<br />
3736 6341 5799 2503<br />
452890<br />
22575 2716 12846 10784<br />
■ 2111<br />
32<br />
24223<br />
PAID.IN.OR CAPITAL SURPLUS<br />
27259 52223 64605<br />
184217<br />
53432 128526 27101 31596<br />
■<br />
30378 13547<br />
33<br />
2525<br />
RETAINED EARNINGS, APPROP<br />
3264* 17309 10605<br />
26506<br />
10069<br />
—<br />
18139<br />
427*<br />
17213<br />
211* 459*<br />
31945 47957 25191<br />
34 RETAINED EARNINGS• UNAPPROP• 781385<br />
164* 2591* 4908 397<br />
■ -29535 .1493 43590<br />
17276 73<br />
35 LESS: COST OF TREASURY STOCK<br />
63265 130705<br />
66446<br />
318025 45379<br />
254* 1373*<br />
105696 70984<br />
4051* 3492* 30197*<br />
34769<br />
17956 1823* 4101 2569 630<br />
36 TOTAL RECEIPTS<br />
10231876 266818*<br />
37<br />
523941 364191<br />
BUSINESS RECEIPTS<br />
999877 1603035 1440447<br />
10147399<br />
3089162<br />
265226* 520240<br />
506827 666703 519111 251764<br />
INTEREST ON GOVT. OSLIGATIONSS<br />
362552 996750 1597743 1432161 3074400 501195 657463 491945 247724<br />
36 UNITED STATES<br />
575 201*<br />
39 STATE AND LOCAL<br />
42* - 21*<br />
124*<br />
16* 108 —<br />
.- — 173<br />
16*<br />
14<br />
-<br />
-<br />
40 OTHER INTEREST —<br />
8240<br />
94*<br />
165*<br />
— 14 — —<br />
41 RENTS 1 103* 3/6<br />
12189<br />
293<br />
—<br />
477 1366 604 648 1713 2494<br />
42<br />
550<br />
ROYALTIES<br />
656* 163* 733 1918 730* 1388 5907 144<br />
43<br />
13868 13 — ■<br />
NET S.T CAP GAIN LESS L-T LOSS<br />
. 98*<br />
137* (5)<br />
139* 883<br />
85* —<br />
89<br />
.<br />
1040 11273<br />
33*<br />
333<br />
44 NET L—T CAP GAIN LESS S ■T LOSS. 4534<br />
19* . (5) . .<br />
45<br />
681*<br />
NET GAIN, NONCAPITAL ASSETS<br />
211* . 35*<br />
2009<br />
(5)*<br />
263*<br />
77 192<br />
354*<br />
1716 441 1181 —<br />
46<br />
381* 49*<br />
DIVIDENDS@ DOMESTIC CORPS<br />
377*<br />
3105<br />
245*<br />
(5)*<br />
51<br />
(5)*<br />
87*<br />
— 16*<br />
67<br />
37*<br />
101<br />
781*<br />
34<br />
47 DIVIDENDS, FOREIGN CORPS<br />
388<br />
406 9* 1437 419 .<br />
48<br />
23 .<br />
'OTHER RECEIPTS<br />
. . .<br />
39308 246r<br />
207<br />
2458<br />
1<br />
1155<br />
118<br />
1979<br />
39<br />
4270<br />
-<br />
5818 . 9518 2396 3914 6519 1035<br />
49 TOTAL DEDUCTIONS 9953902<br />
50<br />
239337* 526265<br />
COST OF SALES AND OPERATIONS<br />
357227 903041 1583592<br />
7795364 180806*<br />
1411310<br />
394841<br />
2972172 488831<br />
260267<br />
637024<br />
761093<br />
498037<br />
1266968<br />
247066<br />
51 COMPENSATION OF OFFICERS 240007 3505*<br />
1110669 2398609<br />
34006<br />
386116 501001 353423 181571<br />
52 REPAIRS<br />
19376 39301 43920<br />
17583<br />
31872 50355 7115 5045 4376 1136<br />
53<br />
177*<br />
BAD DEBTS<br />
1762 1039 1919 1557<br />
13630<br />
2890 3621 577 1276 2427 338<br />
54<br />
574* 351<br />
RENT PAID ON BUSINESS PROPERTY<br />
661* 3045<br />
111703<br />
1756<br />
2161*<br />
1505 3024 1236 590 661 227<br />
55 TAXES PAID<br />
12559 6689 13411<br />
200809<br />
18894<br />
5989*<br />
15173 ' 25419 3897 6573 4514 2413<br />
56<br />
22973<br />
INTEREST PAID<br />
14663 22349 26464<br />
56473<br />
30007 46922 7620 9083 9868 4871<br />
57<br />
327*<br />
CONTRIBUTIONS OR GIFTS<br />
888 1911 3368<br />
6300<br />
6016 5631 13662 5057 5717 6959 6937<br />
58<br />
290*<br />
AMORTIZATION<br />
38 114 324 514<br />
304<br />
830 2717 489 538 269 177<br />
59<br />
(5)*<br />
DEPRECIATION<br />
43 (51* 18<br />
65798<br />
2 66 20 2 4C 92 21 OM<br />
60<br />
1311*<br />
DEPLETION<br />
4534 3752 6243 6800<br />
69*<br />
8886 13113 2592 6453 8182<br />
■<br />
3932<br />
■<br />
61 ADVERTISING<br />
66* . . ■<br />
76885 . 3 ■<br />
62<br />
4916*<br />
PENSION, PROF SH.<br />
807<br />
,<br />
453<br />
ANNUITY PLANS<br />
2310 4826<br />
32892<br />
7380 19255 5196 11467 17157 3118<br />
63<br />
2565*<br />
OTHER EMPLOYEE BENEFIT PLANS."<br />
489* 339* 2665 4445<br />
33882<br />
4732 10882 2411 . 1942 1536 886<br />
64 .<br />
206* 1711<br />
NET LOSS. NONCAPITAL ASSETS••<br />
837* 4608 10464<br />
1025<br />
4470<br />
423*<br />
8277 838<br />
451* 4*<br />
1035<br />
180*<br />
1037<br />
(51*<br />
399<br />
65 OTHER DEDUCTIONS 1301178 36087*<br />
115 97<br />
51263 47122<br />
169<br />
132141<br />
16<br />
190966 187084<br />
21<br />
376199 65516 86248 87533 41019<br />
66 TOTAL RECEIPTS LESS DEDUCTIONS••• 277974 2 7481* . -2324<br />
67 CONSTR TAX INC FM REL FOR CORP(1)<br />
6964 6836 19443<br />
277<br />
29137<br />
22<br />
116990<br />
- — .<br />
17996 29679 21074 4698<br />
68 NET INCOME ■<br />
(LESS D•FICIT)(2) ■<br />
■<br />
278127 164 91 ■<br />
60<br />
27503*<br />
NET INCOME<br />
.4324 6964 6820 19443<br />
362112<br />
29137 116896 17996 29829 21165 4698<br />
70<br />
28809*<br />
DEFICIT<br />
11050 10903 18514 33609<br />
83985<br />
38260<br />
1306*<br />
126374 21940 36515 25073 11056<br />
RETURNS OTHER THAN FORM 1120.51<br />
13374 3939* 11694 14166 9132* 9478 3944 6686 3908 6358<br />
71 NET INCOME (LESS DEFICIT) 251375<br />
72<br />
27503* -2535 5771<br />
STATUTORY SPECIAL DEOS•• TOTAL<br />
2545 13144 20796 110463 17996 29829 21165 4698<br />
73<br />
15206<br />
.<br />
(51*<br />
NET OPERATING LOSS CARRYFRD<br />
2116* 2793* 1310<br />
12433<br />
773*<br />
. 1439* 1915 400* 2231 2229 .<br />
74<br />
2116* 2793*<br />
DIVIDENDS RECEIVED DEDUCTION.<br />
1294* 754*<br />
2773<br />
776 1579 395 853 1873 .<br />
75<br />
151* 15)*<br />
DEO FOR DIV PD. PUB UTIL STK.<br />
16*<br />
-<br />
19* 663* 336 5*<br />
■<br />
1378 356<br />
76 . . .<br />
•<br />
WESTERN HEMISPHERE TRADE DED.<br />
■ - - - - - - -<br />
■ ■ ■ .<br />
77 INCOME SUBJECT TO TAX<br />
■ ■<br />
318612 28809*<br />
. . ■ ■<br />
78 INCOME TAX (BEE CREDITS), TOT(3)<br />
6826 6875 12654 26521 29113 117762 21540 34292 23163<br />
79<br />
138711<br />
11057<br />
SURCHARGE<br />
13328* 1507<br />
1278<br />
-<br />
1738 3583 9356 11712 54387 ' 10068 16454 11230 5348<br />
80 TAX RECOMP PRIOR YEAR INV. CR•.<br />
(5) (5) 16 48<br />
185<br />
294<br />
1<br />
583 81<br />
-<br />
93<br />
16*<br />
163<br />
81 FOREIGN TAX CREDIT 1133<br />
16* 1 20 11 24 45 51<br />
82 INVESTMENT CREDIT<br />
66* — .<br />
3281<br />
15)*<br />
47*<br />
16 167 11 138 626 109<br />
83 NET INCOME1LESS DEF1.AFTER TAX(41<br />
15) 253 228<br />
142697 14222*<br />
209 451 977 309 285 326 196<br />
84 NET INCOME AFTER TAX<br />
-3831 5479 3465<br />
226698<br />
10296<br />
15528*<br />
17876 634P6 8237 13660 10261 —454<br />
85 ESTIMATED TAX PAYMENTS 9543 9418<br />
47815<br />
15159 24462<br />
6080*<br />
27008 72970 12181 20346 14169 5914<br />
86 FORM 1120..5 NET INCOME (LESS DEF)<br />
. . 33* ■<br />
26752 13768<br />
— 4562 11355 8446 3571<br />
DISTRIBUTIONS TO STOCKHOLDERS,<br />
211 1193* 4275* 6299 8341* 6433 - — — -<br />
87 CASH & PROP EXCEPT OWN STOCK••• 44448<br />
88<br />
4857* .<br />
CORPORATION'S OWN STOCK<br />
3435* 151* '<br />
5468<br />
2599* 3594 7941* 6595 819*<br />
■<br />
4666 2740 7051<br />
SELECTED INVESTMENT ITEMS: — 344* - 2996* 1298* 55 775 —<br />
89 COST OF PROP. USED FOR INV. CR. 68166<br />
90<br />
745* 3366<br />
INVESTMENT QUALIFIED FOR CREDIT<br />
3107 5780<br />
53688<br />
4854 7535 17569 5861 8728 6553 4068<br />
91<br />
740*<br />
TENTATIVE INVESTMENT CREDIT<br />
2850 2754 4550<br />
3367<br />
4113 6846 14010 4158 5638 4753 3276<br />
92<br />
47* 127<br />
INVESTMENT CREDIT CARRYFORWARD<br />
84 212<br />
1003<br />
242<br />
—<br />
430 977<br />
42<br />
292 395<br />
126*<br />
332<br />
194 16*<br />
229<br />
93 UNUSED INVESTMENT CREDIT 1190 21* 248 83<br />
■ 169* 42* 195<br />
164 109<br />
49<br />
.<br />
151 ■ 248 66 273 115 33<br />
FOOTNOTES AT BEGINNING AND END OF FILM<br />
U. S. TREASURY DEPARTMENT ■ INTERNAL REVENUE SERVICE<br />
• • 131<br />
• —<br />
111**111.•■•■1■11.1.711.1.11.1