1 - Internal Revenue Service

•
sit.
LP-1 ON 4 L OVERLAP R LP-361 ifii.wP RP-1 ON 62
1967 CORPORATION
SOURCE 800K OF STATISTICS OF INCOME
• ACTIVE CORPORATION INCOME TAX RETURNS. JULY 1967 ■ JUNE 1968
BALANCE SHEET. INCOME STATEMENT. TAX, AND INVESTMENT CREDIT ITEMS. BY INDUSTRY GROUP AND BY SIZE OF TOTAL ASSETS
• RETURNS WITH AND WITHOUT NET INCOME MINOR INDUSTRY 3410
117
t
0
ITEM
TOTAL
ZERO
ASSETS
(SIZE OF TOTAL ASSETS AND MONEY FIGURES IN THOUSANDS OF DOLLARS(
SIZE OF TOTAL ASSETS
OVER ZERO 50 100 250 500 1.000 5,000
UNDER UNDER UNDER UNDER UNDER UNDER UNDER
50 100 250 500 11000 5.000 10,000
10.000
UNDER
25.000
NYC.. ► AB. METAL PRODUCTS, EXCEPT MACHINERY& TRAMP.
EQUIPMENT) Metal can.
25.000 500000 100,000
UNDER UNDER UNDER 2501000
50.000 100.000 2501000 OR MORE
4.
I
2
1
1
1
)I,
I
1
1
4
4
0
4
C
*
0
• NUMBER OF RETURNS WITH AND WITHOUT NET INCOME
1 TOTAL 57
2 WITH NET INCOME 35
3 WITHOUT NET INCOME 22*
4 FORM 1120-S 1
5 TOTAL ASSETS 2544105
6 CASH 105747
7 NOTES AND ACCOUNTS RECEIVABLE 316863
8 LESS' ALLOWANCE FOR BAD DEBTS 4608
9 INVENTORIES 510261
INVESTMENTS IN GOVT. OBLIG.
10 UNITED STATES 1543*
11 STATE AND LOCAL ■
12 OTHER CURRENT ASSETS 11016
13 LOANS TO STOCKHOLDERS 15
14 MORTGAGE ANC REAL ESTATE LOANS 13*
15 OTHER INVESTMENTS 226643
16 DEPRECIABLE ASSETS 2150149
17 LESS. ACCUM DEPRECIATION 857819
18 DEPLETABLE ASSETS 40898
19 LESS. ACCUM DEPLETION -
20 LAND 15142
21 INTANGIBLE ASSETS (AMORTIZABLE/ 7
22 LESS. ACCUM AMORTIZATION 4
23 OTHER ASSETS 28239
24 TOTAL LIABILITIES 2544105
25 ACCOUNTS PAYABLE 201533
26 MONT.' NOTES. BONDS UNDER 1 YR 78942
27 OTHER CURRENT LIABILITIES 204234
28 . LOANS FROM STOCKHOLDERS 9758*
29 MORT.. NOTES. BONDS OVER 1 YR 547258
30 OTHER LIABILITIES 111800
31 CAPITAL STOCK 416757
32 PAID-IN OR CAPITAL SURPLUS 183491
33 RETAINED EARNINGS. APPROP 51*
34 RETAINED EARNINGS, UNAPPROP 808737
35 LESS/ COST OF TREASURY STOCK 18456
36 TOTAL RECEIPTS 3189355
37 BUSINESS RECEIPTS 3160855
INTEREST ON GOVT. OBLIGATIONS/
38 UNITED STATES 125*
39 STATE AND LOCAL 648
40 OTHER INTEREST 5660
41 RENTS ' 4725
42 ROYALTIES 1863
43 NET S-T CAP GAIN LESS L.1. LOSS (5)*
44 NET L-T CAP GAIN LESS S.T LOSS 7050
45 NET GAIN, NONCAPITAL ASSETS 1073
46 DIVIDENDS. DOMESTIC CORPS 485
47 DIVIDENDS. FOREIGN CORPS 4466
46 OTHER RECEIPTS 2405
■
-
■
.
• ■•
■••
-
-
■
-
16* 29 6*
. 26 4*
16* 3* 2*
1
9410* 68970 36898*
787* 6484 1031*
1934* 13527 3124*
. 213* 107*
459* 20951 7269*
• 1543* -
. . .
787* 524* 384*
- 15 -
. 13*
820* 3278* 207
3689* 35217 29887*
1377* 13959 6721*
. . -
. . .
2295* 1056* 740*
(5) -
. (51 ■
16* 534 1084*
9410* 68970 36898*
4541* 3791 3509*
541* 2392* 795*
1885* 3811 1110*
. 9758*
4279* 3703* 14908*
- 1451* 1570
- 15983 8966*
1076* 640
' 51* -
•1836* 29575 5400*
2621* -
13869* 117518 35220*
13853* 116402 35183*
a
1
28099
485
2465
27
9783
-
.
215
-
547
25846
12064
.
.
706
7
4
140
28099
748
500
6086
5100
220
813
3155
-
11477
-
52357
51890
1 3
1 - 3 0
90196 2310532
3286 93674
22038 273775
200 4061
26265 445534
.
..
685
-
2897
71053
36701
.
-
873
8421
218894
1984457
786997
40898
10345
25592
90196 2310532
5575 183369
1350 73364
10659 - 180683
16350 502918
2045 106514
25738 365257
11662 166758
- -
16617 747504
- 15835
185682 2784709
185217 2758310
-
100*
3
- 22
-
-
- . 640 e
- 4
3
247 5326
-
134*
8
17
.
4566
.
.
-
40
1785
c
-
-
-
-
-
■
2
■
7018
13 ► 19* -
-
■ 67* -
.
..
5
.
-
-
■ .
.
•
•
-
76* 646 14* 451
■ 161 c
49 TOTAL DEDUCTIONS 2917931
■
-
15131* 108036
SO
33838* 49502
COST OF SALES AND OPERATIONS 2191812
-
.
-
-
51
11459* 66459
COMPENSATION OF OFFICERS
24286* 38690
141709
9154
N:19;; 977
-
w
443* 2365
52 REPAIRS 338
- 4445
115802
53
-
-
-
.
108L
BAD DEBTS
16:i
. 171;
0
- 107751
.
54 RENT PAiD ON BUSINESS PROPERTY 32342
.
.
-
.
40 - 1580
0
.
55 TAXES PAID 79516
.
3022 27935
.
.
56
:::: 2217 g4::
INTEREST PA.D
1009
455 0
■ 70829
29790
.
.
.
.
57
541*
44:: 398
CONTRIBUTIONS OR GIFTS
- 1650 -
/
2508
...
.
.
58 AMORTIZATION 93
.
656: 871 4:
.
12!!! 30
-
2 :( 9 .
-
.
59 DEPRECIATION
3*
1
131948
-
-
80
-
393* 2465
60
10::: 1509
DEPLETION
4197
2520
..
0
-
-
.
■
■
61 ADVERTISING 27286
■
.
..
12TO
-
33* 689
62 PENSION. PROF
208
362
SH.,ANNUITY PLANS
- 25943
36340
■
.
-
-
534*
63
376* r
OTHER EMPLOYEE BENEFIT PLANSee
212
33944
27687
•
.
4
.
64 66*
■
NET LOSS. NONCAPITAL ASSETS 43* .
-
.
63 OTHER
16* 8
DEDUCTIONS
(51
-
.
228883
.
.
-
.
.
1410* 10799 4759* 5392
119fii
T
66 TOTAL RECEIPTS LESS DEDUCTIONS
271424
-
.
.
-
67 CONSTR
•.1262*
TAX INC FM REL FOR
8682
CORP111
1382*
- 12405
-
2179 .
12 294 57E
■
-
-
■
68 NET INCOME (LESS
. .
DEFICIT1(2)
272955
-
.
.
.
.
69 NET INCOME
.4262* 8674
::::
. 12405
■
275421
.
.0
70 DEFICIT
01:g
2466* .
2855
■
a
-
.
giiF 1
RETURNS OTHER THAN FORM 1120.51
1262* 10:1*
.
. .
■ 1
71 NET INCOME (LESS DEFICIT/ 272644
.
.
.
.
.
72
.12:2*
STATUTORY SPECIAL DEDS.t TOTAL
1382* 2855
- 12405
2318*
- 24T:
.
.
-
73
11;5:32:
■
NET OPERATING LOSS CARRYFRO.i
.
1906* .
.
.
$
.
■
74 DIVIDENDS RECEIVED DEDUCTION,
.0 . ■
412
.
.
.
.
.
75 .
.
DED FOR DIV PD. PUB UTIL STK,
I::
.
. .
.
.
356
.
.
.
.
76
-
WESTERN HEMISPHERE TRADE DEN
.
. •
■
■
.
.
.
.
77 INCOME SUBJECT TO TAX
272809
-
-
.
-
.
'
.
-
0
■
.
65;1* 2433*
78 INCOME TAX (BEF CREDITS). TOT(3)
2855
■ 12408
129767
-
-
a
. 248549
a.
-
79 SURCHARGE 3057*
90* .
11!;: 136:
.
.
- 595;
-
-
-
80 TAX RECOMP PRIOR YEAR INV. CR 537
n
.
a
n
.
no
a
81 FOREIGN TAX CREDIT
.
3824
.
.
.
a
.
62 INVESTMENT CREDIT . . .
9769
.
n
0
.
.
126*
83 NET INCOMEILESS DM AFTER TAX(4)
58731 19425183
52* 45
152957
.
a
716
11 ;iii
.
a .1262*
84 NET INCOME AFTER TAX
237*
155423
a
1536
7165
-
.
a
a
85 ESTIMATED TAX PAYMENTS
1255*
86206
a
1536
.
a
a
71:5
.
a
.
5:2*
86 FORM 1120.S NET INCOME (LESS DEFT
651
.
311
3225,
.
.
.
Tiii
.
.
-
DISTRIBUTIONS TO STOCKHOLDERS.
.
.
87 CASH It PROP EXCEPT OWN STOCK 81559
■
.
.
.
.
Be
1307* 3 :::
CORPORATION'S OWN STOCK
625
.
■
.
1720
.
n
. 77859
.
SELECTED INVESTMENT ITEMS'
-
- -
■
89 COST OF PROP. USED FOR INV. CR . 156346
0
2
.
.
.
. 4855
90
10;
INVESTMENT QUALIFIED FOR CREDIT
813
10469
141308
. 139142
-
.
-
■ 41:;
91 TENTATIVE INVESTMENT CREDIT•••.
758*
9889
-
-
644
10226
■
-
125487
92
.
INVESTMENT CREDIT CARRYFORWARD
45
-
716 - I
-
-
a,
4.
-
.
93 UNUSED INVESTMENT CREDIT g 1 :
.
.
. :74T:
. -
FOOTNOTES AT BEGINNING AND END OF FILM 4
. U. S. TREASURY DEPARTMENT • INTERNAL REVENUE SERVICE
C
1
O
0
O