1 - Internal Revenue Service
1 - Internal Revenue Service
1 - Internal Revenue Service
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
(<br />
Ji•<br />
LP-1 ON 4 1 11VMM AP * 1P..3)7 317.RP<br />
1967 CORPORATION<br />
SOURCE BOOK OF STATISTICS OP 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 />
(SIZE OF TOTAL ASSETS AND MONEY FIGURES IN THOUSANDS OF DOLLARS)<br />
MPG.: PAPER 6 ALLIED PRODUCTS: Paper, paperboard,<br />
building paper, 6 building board um. ID<br />
OVER ZERO SIZE OF TOTAL ASSETS<br />
ITEM<br />
TOTAL<br />
50<br />
ZERO<br />
100<br />
UNDER UNDER<br />
250 500 1,000 51000 10,000 25,000 50'000 100.000<br />
ASSETS<br />
UNDER<br />
50 100<br />
UNDER UNDER<br />
250 500 1,000<br />
UNDER UNDER<br />
5.000<br />
UNDER<br />
10,000<br />
UNDER UNDER<br />
25,000<br />
UNDER<br />
50,000<br />
250,000<br />
100.000 250,000<br />
0<br />
OR MORE<br />
NUMBER OF RETURNS WITH AND WITHOUT NET INCOME<br />
•<br />
1 TOTAL 371<br />
42*<br />
2 WITH NET INCOME<br />
66*<br />
3<br />
314<br />
WITHOUT NET INCOME<br />
42*<br />
34*•<br />
49*<br />
36* 94<br />
57<br />
4 FORM 1120-S<br />
17*<br />
34*<br />
28 21<br />
20*<br />
14<br />
76<br />
10<br />
16*<br />
-<br />
18*<br />
25<br />
16 -3*<br />
20 14 9 16<br />
1<br />
9 •<br />
S TOTAL ASSETS 10802572<br />
6 CASH<br />
.. 2031* 0 11935* 11639* 25104* 199187 184562 344659 491087 763474<br />
•<br />
7<br />
294318<br />
NOTES AND ACCOUNTS RECEIVABLE<br />
■ 212*<br />
1149655<br />
2113* 1142* 1839* 17101 14227 15414<br />
2322900 6445294<br />
18167 47598 58220<br />
8 118285<br />
LESS: ALLOWANCE FOR BAD DEBTS<br />
296* 2394* 2026* 4869* 40768 35373 41203 55301 104913 236907 625605<br />
9<br />
26584<br />
INVENTORIES<br />
. - - 52* 5* 575 339* 838 1421 1567 7348 14439<br />
INVESTMENTS IN GOVT. OBLIGI<br />
1325048 381* - 1361* 3659* 6488* 30542 37023 49290 41964 115183<br />
10<br />
255142 783995<br />
UNITED STATES<br />
11 STATE AND LOCAL<br />
22363 ■ 10781 -<br />
-<br />
- -<br />
* 2,61* 114* 6610 1386<br />
12<br />
70 7029 4193<br />
OTHER CURRENT ASSETS<br />
. ■ ■ ■ ■ 822 4113 - 432 5414<br />
13<br />
93039<br />
LOANS TO STOCKHOLDERS<br />
42*<br />
14 MORTGAGE AND REAL ESTATE LOANS<br />
466 -<br />
311*<br />
-<br />
1172* 672*<br />
■<br />
3654<br />
- 56*<br />
1150* 6424<br />
400<br />
16343<br />
■<br />
14960<br />
...<br />
10958 37353<br />
10<br />
15 OTHER INVESTMENTS<br />
4854 ■ ■ - ■ 226* ■ 476 168 -<br />
16<br />
1309342 3967<br />
DEPRECIABLE ASSETS<br />
931* 164* 835* 345* 12404 4649* 18910 20475 12108 186517<br />
17<br />
1052004<br />
LESS: ACCUM DEPRECIATION<br />
9973336 1566* 10459* 6610* 16076* 180:53 193181 362406 509251 733397 2385641<br />
18<br />
5574596<br />
DEPLETABLE ASSETS<br />
4424176 1397* 7000* 4393* 5325* 95828 106653 173377 206602 337741 991001 2494859<br />
19<br />
809743<br />
LESS, ACCUM DEPLETION<br />
. - ■ -. 3636 18698 50385 135458 601566<br />
20 LAND. •<br />
128292 .<br />
21<br />
112185<br />
■<br />
INTANGIBLE ASSETS (AMORTIZABLE)<br />
■<br />
. *<br />
1328* 32<br />
... 484<br />
24* 3564<br />
3777<br />
2826<br />
8287<br />
3297<br />
45343<br />
9044<br />
70401<br />
14948<br />
22<br />
4361 24822 52000<br />
LESS: ACCUM AMORTIZATION<br />
(5)* ■ 95* 11 39 413 2754<br />
23<br />
1035 14<br />
OTHER ASSETS<br />
2440<br />
..<br />
■ (5)*<br />
805*<br />
40*<br />
808* • 121* 4286<br />
11 10<br />
2611<br />
99 1427<br />
11317<br />
853<br />
7355 15985<br />
(51<br />
65284 166001<br />
24 TOTAL. LIABILITIES<br />
25<br />
10802572<br />
ACCOUNTS PAYABLE<br />
2031*<br />
11935* ' 11839* 25104* 199687 184562 344659 491087 763474<br />
26<br />
2322900 6445294<br />
MORT.. NOTES, BONDS UNDER 1 YR<br />
735969 .<br />
27<br />
299160<br />
677*<br />
OTHER CURRENT LIABILITIES<br />
■<br />
' 2098* 1748* 4406*<br />
180*<br />
17348<br />
567* 5925* 12463<br />
18666 20.274<br />
9311*<br />
53213<br />
6878<br />
43508<br />
13601<br />
242877 331154<br />
30314 39444<br />
28<br />
180477<br />
LOANS FROM STOCKHOLDERS<br />
475010<br />
29<br />
14414<br />
212* •<br />
MORT.. NOTES. BONDS OVER 1 YR.• 42*<br />
410* 537*<br />
2717199<br />
-<br />
1856* 10074 •<br />
33* 756*<br />
8772 17143<br />
■<br />
14476<br />
384*<br />
26712<br />
206<br />
88634 306184<br />
- -<br />
30 OTHER LIABILITIES<br />
1591* 410* 7997* 22641 18412* 77046 98855 222850<br />
12993<br />
676841<br />
31<br />
296630 1590556<br />
CAPITAL STOCK<br />
- 116* 246* 479*.. 1922 2149* 7460 31043 26980<br />
32<br />
92729<br />
PAID■<br />
133606<br />
IN'OR CAPITAL SURPLUS<br />
1643137 635* 2869* 1198* 6866* 43987 41381 53098 53525 92528 353555<br />
33<br />
1226592 993595<br />
RETAINED EARNINGS, APPROP..".•<br />
423*<br />
34 RETAINED EARNINGS, UNAPPROP<br />
71094 -<br />
1131* -<br />
.<br />
2437* 3059<br />
3370906<br />
.<br />
6986*<br />
997*<br />
23939 29410<br />
2586<br />
50315<br />
665<br />
111796<br />
326<br />
997096<br />
. 55576<br />
35<br />
10942<br />
LESS: COST OF TREASURY STOCK<br />
1439*<br />
47539 ■<br />
3540*<br />
1397*<br />
7100*<br />
-<br />
.4257* 92634<br />
- 1361* 5238<br />
76008 139388<br />
93*<br />
200209 274355<br />
1438 3573<br />
671602 1908888<br />
4088 10154<br />
36 TOTAL RECEIPTS<br />
20197<br />
37<br />
9970506<br />
BUSINESS RECEIPTS<br />
47959 5333*<br />
9644458 47879<br />
38<br />
INTEREST ON GOVT. OBLIGATIONS,<br />
5248*<br />
27739* 25428*<br />
27133*<br />
61552* 257296<br />
25101* 61084*<br />
286260 419409<br />
254502<br />
441519<br />
284083 415002<br />
881017 1841784<br />
433074 848164<br />
5675210<br />
1789742 5453446<br />
39<br />
UNITED STATES<br />
STATE AND LOCAL<br />
1161 (5)<br />
1498<br />
..<br />
■ -<br />
.<br />
(5)* - 20* 9*<br />
40 OTHER INTEREST .<br />
269<br />
42 ROYALTIES<br />
1165.<br />
8029 8<br />
16*<br />
63 34<br />
21* 73<br />
430<br />
202<br />
336<br />
(5)<br />
41<br />
849<br />
RENTS<br />
337<br />
'<br />
26104 1 ■ 49* 66*<br />
.<br />
586 592* 849 1511 1628 4744 16078<br />
(5)* 7 19* 380 148* 158 419<br />
43<br />
3738 1511<br />
44<br />
NET S.T CAP GAIN LESS 1...T LOSS.<br />
5266<br />
433*<br />
NET L-T CAP 'GAIN LESS S-T LOSS.<br />
■ - 119* 46* 34 91 258 866 6615<br />
45 NET GAIN, NONCAPITAL ASSETS<br />
172478 3 ■<br />
8244<br />
. 15)* .<br />
379*<br />
394*<br />
4 4<br />
8* 558<br />
12<br />
3634<br />
34<br />
46<br />
10167<br />
DIVIDENDS. DOMESTIC CORPS<br />
29837 127877<br />
26485 ■ ■<br />
■ 52* 21 92 32 2386<br />
47<br />
892 4769<br />
DIVIDENDS, FOREIGN CORPS (5) ■ 240* 276 95 777 22<br />
48<br />
4233<br />
OTHER RECEIPTS<br />
14639 20842<br />
55323<br />
..<br />
68 85*<br />
(5) .<br />
. 557* 254*<br />
.<br />
449*<br />
357<br />
987 677<br />
9<br />
1918<br />
11<br />
1707<br />
2<br />
14605<br />
14260<br />
8666<br />
49 TOTAL DEDUCTIONS<br />
25350<br />
SO COST OF SALES AND OPERATIONS<br />
• 9352590 49994<br />
I<br />
6563075<br />
5206*<br />
43816<br />
27182*<br />
2878*<br />
24899* 65386* 242902 271625 388339 409508 835669<br />
51<br />
1729213<br />
COMPENSATION OF OFFICERS<br />
5302667<br />
43308 21247* 17706* 52261* 182508 212609 300209 292649<br />
52<br />
608298<br />
REPAIRS 550* 1082* 1068* 1178* 6650 3518 3633<br />
1243388 3585506<br />
53<br />
2851 4634<br />
BAD DEBTS<br />
283166 ■<br />
54 RENT PAID ON BUSINESS PROPERTY<br />
12720 169* 180* 348* 199* 4072 5386 6973<br />
6779<br />
13589 11926<br />
11365<br />
65962 174362<br />
61405<br />
58<br />
42* . 16* 607* 1171 328* 230<br />
55<br />
753<br />
TAXES PAID 254* . 1672 3217 4684<br />
238908<br />
295* 609* 975* 822 270* 1007 2200<br />
56<br />
9982<br />
INTEREST PAID<br />
1091 10231 54702<br />
V<br />
57 CONTRIBUTIONS OR GIFTS<br />
141772<br />
212*<br />
144<br />
819*<br />
10298<br />
-<br />
722* 1423* 6(34 5817 9527 13130 20037 46482 133514<br />
197* 52* 885* 1974 1761 4309 8287<br />
58<br />
15194<br />
AMORTIZATION<br />
35940 73029<br />
864 ■<br />
(5)* 7<br />
■<br />
4* 377 391 361 279<br />
59<br />
1057<br />
DEPRECIATION . 909 6913<br />
I<br />
60 DEPLETION<br />
559069 3077<br />
77619<br />
85*<br />
-<br />
-<br />
754*<br />
(5)* 24*<br />
436*<br />
)5(* 2 161 390 94 193<br />
■<br />
1506* 10413 10637 19663<br />
61<br />
28275 46313<br />
ADVERTISING<br />
131301 306609<br />
94939 ■ . . 2 . 15 1090<br />
62 PENSION, PROF SH•.ANNUITY PLANS<br />
94 42* 9026 1419 66067<br />
63 OTHER EMPLOYEE BENEFIT PLANS<br />
63304 300<br />
230* 33*<br />
49705<br />
■<br />
(5)* 1008 1455* 2760 , 2467 4971 13506 68373<br />
. 23* 89* 2150 3322 2954 2950<br />
64<br />
5550<br />
NET LOSS. NONCAPITAL ASSETS<br />
10046 35920<br />
587 ■<br />
82* 355* 307*<br />
. .<br />
1117 1674* 2703 2699<br />
65<br />
3617<br />
OTHER DEDUCTIONS - .., 9240 27911<br />
1131851 1414 974*<br />
19*<br />
2296*<br />
266*<br />
3524*<br />
46*<br />
5933* 24214<br />
44 82 85<br />
24411 33949<br />
45<br />
38046 92917<br />
■<br />
66 TOTAL RECEIPTS LESS DEDUCTIONS<br />
150654 753519<br />
67 CONSTR TAX INC FM REL FOR CORP(1)<br />
'617916 -2035<br />
15800<br />
127*<br />
■<br />
557* 529* .3834* 14394 14635 31070 32011 45348<br />
68 NET INCOME (LESS DEFICIT)(21 -<br />
112571 372543<br />
632218 .2035 ■ .<br />
69<br />
- -<br />
NET INCOME 127* 737 15063<br />
■<br />
557* 529* .3834* 14376 14614 30997<br />
70<br />
647494<br />
31809 45348<br />
DEFICIT<br />
112459 387269<br />
15276<br />
127* . 1082* 529* 527* 17107 17736 31678 31809 46971 112459<br />
RETURNS OTHER THAN FORM 1120-Si<br />
2035 525* 4361* 2929* 3122*<br />
387269<br />
71<br />
681<br />
NET INCOME (LESS DEFICIT)<br />
■ 1623 -<br />
632218<br />
■<br />
72 STATUTORY SPECIAL MOS., TOTAL.<br />
-2035<br />
32616•<br />
127* .<br />
■<br />
557* 529* •3834* 14378 14614 30997 31809 45348<br />
73<br />
112459<br />
NET OPERATING LOSS CARRYFRD 127* 387269<br />
6958 ■ 115* (5) 18 1111 945*<br />
74<br />
232 2562 2169<br />
DIVIDENDS RECEIVED DEDUCTION<br />
3598 21739<br />
25055<br />
127* .<br />
-<br />
115* 18 206* 712* 151<br />
75<br />
1820 2150<br />
050 FOR DIV PD. PUB UTIL STK<br />
■ 959<br />
WESTERN HEMISPHERE TRADE DEO.<br />
■<br />
■ (5) 205* 233 81 742<br />
76<br />
19 3598 20177<br />
77 INCOME SUBJECT TO TAX<br />
. .<br />
603<br />
- . . . .<br />
616134<br />
.-<br />
.<br />
... . .<br />
■ ■ .. ■<br />
79<br />
78 INCOME TAX (BEF CREDITS), 202(3)<br />
- 603<br />
SURCHARGE<br />
258036<br />
151* . 967 ■ 529* 509* 16247 16793* 31448 29247 44800 110062 365532<br />
80 TAX RECOMP PRIOR YEAR INV. CR•.<br />
1326<br />
(51*<br />
(5)*<br />
247* 158* -191* 7405 7995* 14938 13313 19663 46550 147576<br />
1327<br />
.<br />
■ 15)* (5)* ■ 90* 67 77<br />
81 l'OREIGN TAX CREDIT<br />
43 137 914<br />
15016<br />
.<br />
■ ■<br />
3* 25* 151* 15<br />
82 INVESTMENT CREDIT<br />
18 99 503 664<br />
54580 . . ■ 4 183 1<br />
83 NET INCOMECLESS DEF( AFTER TAX(4(<br />
5 477 14346<br />
426762 .2035<br />
(5)* - 32* 1*<br />
127*<br />
36* 478 305*<br />
84<br />
1844 2343<br />
NET INCOME AFTER TAX<br />
2749 11427 35365<br />
85 ESTIMATED TAX PAYMENTS<br />
444057<br />
■<br />
342*<br />
127*<br />
372* .3989* 7451 6924 17903 20839 28434 77336 275058<br />
154795<br />
m 867*<br />
.<br />
372* 372* 10399 10046 18584 20839 30057<br />
86 FORM 1120-S NET INCOME (LESS DEF)<br />
77336 275058<br />
■<br />
...<br />
■<br />
■ 2520 4864* 8896<br />
DISTRIBUTIONS TO STOCKHOLDERS, ■ . .<br />
7788 15275<br />
- - - .<br />
29294<br />
-<br />
86158<br />
87 CASH 2 PROP EACEPT OWN STOCK•<br />
88 • CORPORATION'S OWN STOCK<br />
290744 10576 - .<br />
■<br />
. .<br />
106 . 1769 4195* 6241 5494 9737<br />
SELECTED INVESTMENT ITEMS,<br />
89<br />
- - 3* 2754 .<br />
51369<br />
.<br />
211833<br />
COST OF PROP. USED FOR INV. CR 7819<br />
90<br />
. 1043595<br />
INVESTMENT QUALIFIED FOR CREDIT<br />
7385 127*<br />
961728<br />
180* 195* 535* 12215 4379 34334<br />
91<br />
267se 58398 267810<br />
TENTATIVE INVESTMENT CREDIT<br />
7313 609279<br />
68701<br />
65* 147* 159* 472* /0061 4034<br />
92<br />
32564 27585 49203<br />
INVESTMENT CREDIT CARRYFORWARD<br />
512 274398 574787<br />
19539<br />
(5)* 16* 1* 31* 767 281 2280<br />
93<br />
1930 3444<br />
UNUSED INVESTMENT CREDIT<br />
355 ■ 16* 10 904* 263* 211 2043<br />
19209 40230<br />
33660 067 - . (51* ■ 5 793<br />
3216<br />
239*<br />
7678<br />
647<br />
5243<br />
1630 3911 15460 10108<br />
FOOTNOTES AT BEGINNING AND END•OF FILM<br />
U. S. TREASURY DEPARTMENT. INTERNAL REVENUE SERVICE<br />
RP•/ ON 62<br />
141<br />
MINOR INDUSTRY 2614 D