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LP-1 ON 4 L OVERLAP R LP-271 271-RP RP-1 ON 62<br />

1967 CORPORATION<br />

' SOURCE BOOK OF STATISTICS OF INCOME<br />

• ACTIVE CORPORATION INCOME TAX RETURNS, JULY 1967 ■ JUNE 1968 175<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 3398<br />

HMI PRIMARY METAL INDUSTRIES. Misoellanitou. primary<br />

• (SIZE OF TOTAL ASSETS AND MONEY FIGURES IN THOUSANDS OF DOLLARS) metal 1nduatrles<br />

SIZE OF TOTAL ASSETS<br />

OVER ZERO 50 100 250 500<br />

ITEM<br />

1.000 5.000<br />

TOTAL ZERO<br />

101000<br />

UNDER<br />

25.000<br />

UNDER<br />

50.000 100,000<br />

UNDER UNDER UNDER UNDER UNDER UNDER UNDER<br />

. ASSETS 50<br />

UNDER<br />

100<br />

UNDER<br />

250<br />

250.000<br />

500 1.000 5.000 10,000 25.000 501000 100,000 2501000 OR MORE<br />

•<br />

NUMBER OF RETURNS WITH AND WITHOUT NET INCOME<br />

1 TOTAL 1103 47* 246* 172* 277<br />

2<br />

133<br />

WITH NET INCOME<br />

101* 109 14*<br />

694 3*<br />

1<br />

118* 88*<br />

1 1<br />

188<br />

3 WITHOUT NET<br />

117* 99*<br />

INCOME<br />

64 13*<br />

409 44* 129*<br />

1<br />

84*<br />

1<br />

89*<br />

1<br />

4 FORM 1120-S<br />

16* 2 45*<br />

157* - 1<br />

76* 38* * * 42* 1<br />

5 TOTAL ASSETS 744122<br />

6148* 15191* 42225 48385<br />

6 CASH 72848* 176706 89056 12753<br />

58018<br />

1852*<br />

28129 91984<br />

1382*<br />

160697<br />

•<br />

5310 5672* 14705* 10151<br />

7 NOTES AND ACCOUNTS RECEIVABLE<br />

7574<br />

146148<br />

464<br />

847*<br />

496 2866<br />

4034* 11012<br />

7546<br />

8<br />

16671<br />

LESSI ALLOWANCE FOR BAD DEBTS<br />

11681* 31331<br />

2147<br />

19155<br />

.<br />

1822 2554<br />

42<br />

15961<br />

247* 31080<br />

9 INVENTORIES 148*<br />

189236<br />

186* 323<br />

802*<br />

300*<br />

- 4736*<br />

37 .<br />

6298 8135*<br />

125<br />

7996* 30077<br />

739<br />

INVESTMENTS IN GOVT. OBLIG.<br />

33674* 369 11198 47006 38945<br />

10 UNITED STATES 12832 . *<br />

- 656* -<br />

11<br />

-<br />

STATE AND LOCAL<br />

1052* 718<br />

1734<br />

1004 - 9402<br />

• 12 ' OTHER CURRENT ASSETS - - - * * 1693<br />

• 19477<br />

3<br />

(5)*<br />

.<br />

1694* 1165 909*<br />

38<br />

13 LOANS TO STOCKHOLDERS<br />

1107* 2188<br />

246*<br />

1519<br />

42<br />

131 465<br />

■ 42* - 8<br />

10299<br />

14 MORTGAGE AND REAL ESTATE LOANS : 3032*<br />

.<br />

(5)* 154* . * -<br />

• 15. OTHER INVESTMENTS<br />

- - 3032*<br />

53604<br />

.<br />

16<br />

6 2791*<br />

DEPRECIABLE ASSETS<br />

3059* 6989*<br />

464182<br />

17316<br />

3709*<br />

1607<br />

5667*.<br />

2163<br />

25263<br />

8414 2312<br />

25399<br />

8947<br />

17 LESS. ACCUM DEPRECIATION<br />

46493* 114780 41730<br />

231039<br />

1882*<br />

11561<br />

4068*<br />

8170<br />

11710<br />

56761<br />

13210<br />

124649<br />

• 18 DEPLETABLE ASSETS 21036* 42449<br />

.<br />

20579<br />

. 5214 3314<br />

.<br />

33808 -<br />

73769<br />

19 LESS/ ACCUM DEPLETION . .<br />

-<br />

.<br />

. . . .<br />

.<br />

•20 LAND 14220<br />

. 1 818* 661* 2850*<br />

• 21 INTANGIBLE ASSETS (AMORTIZABLE)<br />

3292 2686<br />

1841<br />

486<br />

1143*<br />

118 ■<br />

1<br />

757<br />

16 -<br />

2551<br />

22 LESS/ ACCUM AMORTI7ATION<br />

. 681* -<br />

504*<br />

423* (5)<br />

.<br />

16 - * 65 . .<br />

-<br />

23 OTHER ASSETS 13242<br />

58* 1738*<br />

*<br />

869 1229* 2249* 3796<br />

•<br />

1269 4 28 254 1748<br />

24 TOTAL LIABILITIES 744122 6148* 15191* 42225 48385<br />

25 ACCOUNTS PAYABLE 72848* 176706<br />

82590<br />

69056<br />

593*<br />

12753 28129<br />

1634* 4048<br />

91984<br />

8609*<br />

160697<br />

•<br />

8719* 23307<br />

26 MORT.. NOTES, BONDS UNDER 1 YR<br />

17934<br />

57740<br />

554<br />

732*<br />

1365 7256<br />

2097* 3284<br />

8571<br />

4352*<br />

27 OTHER CURRENT LIABILITIES<br />

3764* 15314 5804*<br />

49969 44*<br />

262<br />

681*<br />

1572 19700<br />

3387 4596*<br />

853<br />

28 LOANS FROM STOCKHOLDERS<br />

6441* 10486 2799<br />

13907<br />

679<br />

43*<br />

457 8142<br />

1693* 1055*, . 12257<br />

921• 9697*<br />

• 29 MORT., NOTES, BONDS OVER 1 YR<br />

498<br />

113057 762* 488*<br />

30<br />

4963 1290*<br />

OTHER LIABILITIES<br />

11705* 34447 13022*<br />

21429<br />

3085 10696 .<br />

170* 56*<br />

32599<br />

31<br />

3700 122*<br />

CAPITAL STOCK<br />

1113* 2292 3463<br />

79757 540<br />

1475*<br />

176 3546<br />

4492* 7912 6433<br />

6251<br />

32 PAID*:IN OR CAPITAL SURPLUS<br />

9323* 26102 5790<br />

63354<br />

1724<br />

1947*<br />

1615<br />

1185<br />

5000<br />

1483* 98*<br />

9891<br />

1179* 8851 4882*<br />

, r, 1369 ■ 33 RETAINED EARNINGS, APPROP 2552 - - *<br />

92*<br />

* 42360<br />

34<br />

-<br />

RETAINED EARNINGS, UNAPPROP 2189<br />

268332 424*<br />

.<br />

5404*<br />

*<br />

12432 22901<br />

* 271<br />

29686* 45146<br />

• 35 LESS, COST OF TREASURY STOCK..•<br />

35700 4560<br />

8565<br />

12248 48340<br />

42* • 2539*<br />

51491<br />

131* 22 3 1125* ' 836 20 - - 3847 111<br />

36 TOTAL RECEIPTS 1240462 10121* 15318* 33354* 111512 120984 130884* 250541<br />

• 37 BUSINESS RECEIPTS 171240*<br />

1219111<br />

11128<br />

10088*<br />

30913<br />

14893*<br />

162129<br />

32969*<br />

192338<br />

110378 120672 129449* 248525<br />

INTEREST ON GOVT. OBLIGATIONS.<br />

168614* 10999 29890 160752 181882 •<br />

36 UNITED STATES 229 3 - 16* - * 47 22 2 *<br />

, • 39 STATE AND LOCAL 64 - * 139<br />

* - * 62 * * - 41 40 OTHER RENTS INTEREST 1992 27* 65* 4 72*<br />

2<br />

82* 147* 233<br />

0<br />

168<br />

104 42 45<br />

339 118*<br />

983<br />

• 42 ROYALTIES 1477 - *<br />

1158 . - 16 164* 367 199 456 218 * 1 17 154 571 15<br />

43 NET S-T CAP GAIN LESS L-T LOSS 1 * - * *<br />

•<br />

1<br />

_<br />

44 NET L-T CAP GAIN LESS S-T LOSS 1578 -<br />

*<br />

.<br />

*<br />

9 83*<br />

*<br />

•<br />

837*<br />

45 NET GAIN, NONCAPITAL ASSETS<br />

50 206 7<br />

293<br />

19 334 33<br />

46<br />

* 120* -<br />

DIVIDENDS, DOMESTIC CORPS<br />

30* 1<br />

721<br />

-<br />

-<br />

(5) 86<br />

- 54<br />

51<br />

47<br />

15)*<br />

DIVIDENDS. FOREIGN CORPS<br />

114* 56 (5)<br />

7553<br />

-<br />

.<br />

465 32<br />

Lia<br />

*<br />

OTHER RECEIPTS<br />

*<br />

(5)• . .<br />

6285 3* 340*<br />

15) -<br />

42* 745<br />

7553<br />

131* 1611*<br />

..<br />

971 1555 16 496 709 1109 •<br />

' 49 TOTAL DEDUCTIONS 1155011 9641* 15233* 34346* 108562 119941<br />

• 50 COST OF SALES AND OPERATIONS•••<br />

123760* 236991 158437*<br />

903934 7061<br />

10599<br />

10092*<br />

28393<br />

26282*<br />

148189 160919<br />

51<br />

77847<br />

COMPENSATION OF OFF.CERS<br />

99640 83942* 189576<br />

30529 223*<br />

137715*<br />

1259*<br />

7597<br />

3245*<br />

25087 127561 111534 0<br />

52<br />

6432<br />

REPAIRS<br />

3458 6233* 5986<br />

22614<br />

1849<br />

84 88*<br />

186 250<br />

45*<br />

871<br />

613* 1605*<br />

537<br />

• 53 BAD DEBTS 1505* 1790<br />

1497<br />

732<br />

- -<br />

71<br />

42*<br />

7276<br />

806<br />

8805<br />

54 RENT PAID ON BUSINESS PROPERTY<br />

132* 49*<br />

7905<br />

119 •<br />

100<br />

62<br />

264*<br />

11<br />

641*<br />

2<br />

1421<br />

2 272 0<br />

55 TAXES PAID<br />

1574* 1094* 1273<br />

24358'<br />

519<br />

220 344*<br />

42<br />

650*<br />

34 30<br />

2445 2037<br />

913<br />

56 3625* 4777 2467 362 565 57 INTEREST PAID 8631 142* 108* 90*<br />

1974 CONTRIBUTIONS OR GIFTS 863<br />

4892<br />

645 (5)* (5)* (5) 255 380* 17 753* 133* 2314 250 1016 130 201 2 483 42 901 - 1380<br />

58 AMORTIZATION 227 (5)* - (5.) (5)* 40*<br />

• 59 DEPRECIATION (5)* 11* 12* 19<br />

34360 299* 443* 396* - (5) 155<br />

60 DEPLETION<br />

2729 2634 3251* 6697<br />

37<br />

2807*<br />

-<br />

621<br />

* .<br />

819 3432 10232 •<br />

61<br />

.<br />

ADVERTISING<br />

.<br />

3445 39* 138* 45* 226 134*<br />

37<br />

0 62 PENSION, PROF SH..ANNUITY PLANS<br />

190* 874 734<br />

7722 48* -<br />

55 13<br />

(5)*<br />

240<br />

459*<br />

757<br />

.63 OTHER EMPLOYEE BENEFIT PLANS••.<br />

264* 2140* 1838<br />

5987 232 . 724* 175 * *<br />

85* 735* 583*<br />

2074 -<br />

869*<br />

0<br />

64 NET LOSS, NONCAPITAL ASSETS 1052<br />

123<br />

193*<br />

-<br />

168 14<br />

(5)*<br />

-<br />

*<br />

2056<br />

65 OTHER DEDUCTIONS<br />

16* * 80<br />

102797 1193<br />

6<br />

2497*<br />

21 *<br />

2825* 13731<br />

*<br />

7418 19979* 20354 9471 1158 1013 5747 17411 8<br />

66 TOTAL RECEIPTS LESS DEDUCTIONS 85451 480* 85* -992* 2950<br />

• 67<br />

1043<br />

CONSTR TAX INC FM REL FOR CORP(1)<br />

7124* 13550<br />

44)0<br />

12803<br />

-<br />

529 2520 13940<br />

* . 31419<br />

68 NET INCOME (LESS DEFICIT)(2)<br />

* * *<br />

89817 480*<br />

.<br />

85* -992*<br />

* *<br />

2950 4430 0<br />

60 NET INCOME<br />

1043 7124* 13488 12803<br />

98713 739*<br />

529<br />

256*<br />

2520<br />

659*<br />

13940 35847 .<br />

• 70 DFFICIT<br />

4192 2666* 7335* 16990<br />

8896<br />

13040<br />

259*<br />

529<br />

171*<br />

2520 13940<br />

1651* 1242*<br />

35847<br />

RETURNS OTHER THAN FORM 1120*St<br />

1623* 211 3502* 237 _<br />

- -<br />

0<br />

71 NET INCOME (LESS DEFICIT) 91125 480* -129* -992* 2803<br />

•<br />

1043<br />

72 STATUTORY SPECIAL DEDS.. TOTAL<br />

7124* 15309 12651<br />

1643 -<br />

529 2520<br />

300<br />

13940 35847<br />

7.3<br />

46<br />

NET OPERATING LOSS CARRYFRO<br />

9 98* 767 (5)<br />

1030 -<br />

- .<br />

- 396<br />

300<br />

27<br />

9 *<br />

•<br />

74 DIVIDENDS RECEIVED DEDUCTION. 721<br />

613<br />

*<br />

-<br />

*<br />

-<br />

* *<br />

46<br />

*<br />

• 75 (51*<br />

DED FOR DIV POI PUB UTIL STK.<br />

98* 46<br />

- - - (5) . 396 27<br />

* * *<br />

.W1 76 WESTERN HEMISPHERE TRADE DED. - - - - -<br />

- - - -<br />

•<br />

77 INCOME SUBJECT TO TAX b 95477 739* 42* 358* 3999 2657* 7236* 15147 12888 528 2124 13913 35846 11<br />

• 78 INCOME TAX (BEF CREDITS). TOT131• 43644 347* 151* 90*<br />

79 SURCHARGE<br />

1217 889* 2911* 7004<br />

91<br />

-<br />

6092 248 1019<br />

(5)* 16*<br />

6618 17209<br />

(5)* 16* 48*<br />

•<br />

60 TAX RECOMP PRIOR YEAR INV. CR<br />

58 -<br />

2 *<br />

- (5)<br />

9 *<br />

• 81 FOREIGN TAX CREDIT<br />

16* (5) (5)<br />

7333 -<br />

(5)*<br />

-<br />

1 1<br />

-<br />

23 17<br />

82 INVESTMENT CREDIT<br />

(5) ■ (5)*<br />

2225 8*<br />

43 *<br />

15)*<br />

*<br />

1* 82*<br />

2 7288 83 NET INCOME(LESS DEF) AFTER TAX(4)<br />

53* 444*<br />

48398<br />

415<br />

141*<br />

86<br />

85*<br />

96<br />

-1081*<br />

186<br />

1815<br />

530 324<br />

84 NET INCOME AFTER TAX<br />

207 4657* 6899<br />

57294 400*<br />

6797<br />

256*<br />

377<br />

570*<br />

1687<br />

3057<br />

7852 18962<br />

85 ESTIMATED TAX PAYMENTS<br />

1830* 4868* 10401<br />

19554<br />

7034<br />

355* -<br />

377<br />

.<br />

1687<br />

44*<br />

7852 18962 •<br />

■ 86 FORM 1120-S NET INCOME (LESS DEF. 2787<br />

-1308* 2764<br />

214* -<br />

240 1087<br />

147*<br />

4772 7500<br />

• DISTRIBUTIONS TO STOCKHOLDERS,<br />

* * -1821* 152 *<br />

- -<br />

87 CASH 41 PROP EACEPT OWN STOCK 12125 - 15)* 42*<br />

•<br />

88 CORPORATIONS OWN STOCK<br />

785* 33* 984* 1367 414<br />

1051* -<br />

299<br />

-<br />

317 400<br />

.<br />

7484<br />

• SELECTED INVESTMENT ITEMS/<br />

-<br />

1051*<br />

- - - - .<br />

89 COST OF PROP. USED FOR INV. CR. 68755 137* 187* 2792 2374* 6403* 35683 P<br />

90 INVESTMENT OUAL/FIED FOR CREDIT 1618<br />

33058 105*<br />

1377 2807 9534<br />

145* 2181<br />

. 5843<br />

2261*<br />

• 91 TENTATIVE INVESTMENT CREDIT<br />

6348* 5311 1239<br />

2247 8* :<br />

1377 2662<br />

1*<br />

7565<br />

131 117*<br />

3864<br />

447* 374 87 96<br />

1141 92 INVESTMENT CREDIT CARRYFORWARD 779 - (5)* 186 530 270 -.<br />

93 UNUSED INVESTMENT'CREUIT<br />

1 147* 149* 1 311* 116 •<br />

■ 801 ■ - ■<br />

* 196* 214* 4 270* 117 - -<br />

* *<br />

54<br />

111<br />

FOOTNOTES AT BEGINNING AND END OF FILM<br />

• •<br />

• U. S. TREASURY DEPARTMENT - INTERNAL REVENUE SERVICE<br />

•<br />

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