1 - Internal Revenue Service
1 - Internal Revenue Service
1 - Internal Revenue Service
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'<br />
LP- 1 ON 4 L OVERLAP R LP-364 364-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<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 />
ITEM<br />
" 180<br />
MINOR INDUSTRY 3440<br />
MFG.. FAB. KETAI. PRODUCTS, EXCEPT MACHINERY 6 TRANIM.<br />
(SIZE OF TOTAL ASSETS AND MONEY FIGURES IN THOUSANDS OF DOLLARS/<br />
EQUIPMENT: Fab, structural instal products<br />
.OVER ZERO<br />
500 SIZE OF TOTAL<br />
50<br />
ASSETS<br />
100 250<br />
TOTAL ZERO 11000<br />
UNDER UNDER 5 1000<br />
UNDER<br />
10.000 25.000<br />
UNDER<br />
50.000 1009000<br />
UNDER<br />
ASSETS 50<br />
UNDER<br />
100<br />
UNDER<br />
250<br />
UNDER<br />
500<br />
UNDER UNDER<br />
1.000 5.000<br />
UNDER 250.000<br />
10.000 259000 509000 1009000 2509000 OR MORE<br />
NUMBER OF RETURNS WITH AND WITHOUT NET INCOME<br />
2 1 TOTAL WITH NET INCOME 7124<br />
51 1625 960 1862 1182<br />
5080<br />
687<br />
3<br />
626 74 38 11 5 1 2<br />
3 WITHOUT NET INCOME<br />
907 670• 1528<br />
1744<br />
999<br />
48<br />
614<br />
718<br />
550 58 35 9 4 1 2<br />
•<br />
4 FORM 1120-1<br />
290 334 183<br />
925<br />
73*<br />
1<br />
76<br />
341 151*<br />
16* 3<br />
191*<br />
2 1<br />
151* 76* 14 - -<br />
-<br />
5 TOTAL ASSETS 5403538 33748 75619 307714<br />
6 CASH<br />
432022 479310 1275007 541867<br />
389776<br />
614070 365127<br />
3031 9657<br />
374309<br />
38444<br />
143350<br />
54571<br />
761395<br />
7 NOTES AND ACCOUNTS RECEIVABLE.• 1631286<br />
43392 90082 37682 30663 27720 25127 2099 27308<br />
8<br />
11612 25546 95371<br />
LESS/ ALLOWANCE FOR BAD DEBTS<br />
127032 145126<br />
26748<br />
372139 186108 184445<br />
42 404*<br />
118095<br />
1360<br />
122227 44255 199330<br />
9 INVENTORIES<br />
3704 2445 7670<br />
1421312<br />
3010 3540 1432 2056 250 835<br />
INVESTMENTS IN GOVT. OBLIG,<br />
7330 19348 55848 111845 147170 405982 123742 191769 79132 63322 2616 213238<br />
10 UNITED STATES<br />
57173 -<br />
11<br />
3174<br />
STATE AND LOCAL<br />
521 3278* 846*<br />
27298<br />
6517 12145 3481 1175<br />
■<br />
19696<br />
■<br />
2527 3813<br />
■<br />
12 OTHER CURRENT ASSETS<br />
17*<br />
89650<br />
3119* .. 394 7637 2278<br />
■<br />
390 7853 6000<br />
13 LOANS TO STOCKHOLDERS<br />
1041 7232 8856 7177<br />
12319<br />
17170<br />
-<br />
12033<br />
431*<br />
7388<br />
508* 3553<br />
3803 4468<br />
2481* 66*<br />
19102<br />
1134<br />
990<br />
14 MORTGAGE AND REAL ESTATE LOANS<br />
3216 . 151 77 3918<br />
■ - . .<br />
15 OTHER INVESTMENTS<br />
197 1623* 12<br />
362886<br />
445 288 448 37<br />
■ 71* 861* 166 ■ ■<br />
16 DEPRECIABLE ASSETS<br />
6049 10330 17699<br />
2233561<br />
62201 35018 46416 54943 70420<br />
■ 17671 36137 20885 37993<br />
17<br />
156512<br />
LESS, ACCUM DEPRECIATION<br />
188027 214947<br />
1059594<br />
539746 225566 252507 124531<br />
-<br />
125655 74438 277824<br />
18<br />
8265<br />
DEPLETABLE ASSETS<br />
21462 72057 91085<br />
958* a<br />
111958 275092 112112<br />
16* -<br />
121977 68017 68402 36220 72947<br />
19<br />
- - ■<br />
LESS, ACCUM DEPLETION 610* a<br />
838* ■ ■ .4<br />
■<br />
3*<br />
■<br />
■<br />
104<br />
. ■ ■<br />
20 LAND 570* ■ ■ ■<br />
94388<br />
. ■ 37<br />
21 O 230* 1<br />
INTANGMLE ASSETS (AMORTIZABLE)<br />
7042 11917 9402<br />
24435<br />
25153 10620<br />
a<br />
251*<br />
11111 5375 . 3324 3256 6957<br />
22<br />
202*<br />
LESS, ACCUM AMORTIZATIC4<br />
2585 1933* 1859* 6093<br />
7789<br />
206 373 164 49 3973 6747<br />
23 OTHER ASSETS<br />
26* 107 453 1377*<br />
150021<br />
1091* 2387<br />
-<br />
73<br />
1051 1147<br />
133<br />
8230<br />
30<br />
6278<br />
33<br />
7108 30107<br />
1202 877<br />
13654 10574 11917 4150 18 55787<br />
24 TOTAL LIABILITIES 9403538 33748 75619<br />
25 ACCOUNTS PAYABLE<br />
307714 432022 479310 1275007<br />
768853<br />
541867 614070 365127 374309 143350 761395<br />
26<br />
8430 11934<br />
MORT.* NOTES, BONDS UNDER 1 YR<br />
58840' 76707 89503<br />
453783<br />
190295<br />
■<br />
86175 72857 50029 41777 4446 77860<br />
27<br />
3831 6968 33387<br />
OTHER CURRENT LIABILITIES<br />
36759 37676 131419<br />
522481<br />
51984 53700 39714 26406 478 31461<br />
28 LOANS FROM,STOCKHOLDERd 124049 a<br />
+ 3444 6769 22919 31311 42554 105479 37493<br />
3102<br />
45295 23174 75027 11882 ,116634<br />
29<br />
5213*<br />
MORT.* NOTES, BONDS OVER 1 YR<br />
30163 17358<br />
478224<br />
17493 23911<br />
-<br />
8759* 4375 5177 8248 .<br />
30<br />
250<br />
OTHER LIABILITIES<br />
3134 4929 31637 39476<br />
240334<br />
30968<br />
-<br />
106261 37188 72040 38733 29314 522 84022<br />
31<br />
640 5560<br />
CAPITAL STOCK<br />
7276 9660 5498<br />
740946<br />
59651<br />
-<br />
12301 31433 8135 21143 19597<br />
Of<br />
59440<br />
32 13872<br />
PAID-IN OR CAPITAL SURPLUS<br />
17431 74387 72780 81036<br />
290441<br />
156371 60511 85524 35447<br />
■ 2983 41285 15891 85911<br />
33 RETAINED EARNINGS• APPROP<br />
1021* 4779 7922 8269<br />
33110<br />
35533<br />
..<br />
254* .<br />
31701 64907<br />
707*<br />
47047<br />
571*<br />
54603<br />
3197* 8989<br />
699 30977<br />
34 RETAINED EARNINGS, UNAPPROP•• 1799653<br />
1282 8210 1211 8689<br />
■ -5942 15638 46029 .<br />
35 LESS) COST OF TREASURY STOCK<br />
148371 163742<br />
48336<br />
470956<br />
..<br />
219089 182961<br />
154 344* 2410 8893*<br />
120262 70071<br />
626*<br />
89835<br />
14358<br />
278641<br />
4616 7232 3802 2254 - 3801<br />
36 TOTAL RECEIPTS 9435450 21983 108358<br />
37 BUSINESS RECEIPTS<br />
195437 688985 927349 979603 2447660<br />
9305092 21726<br />
866601 1003096 450031 392205 210450 1144192<br />
INTEREST ON GOVT. OBLIGATIONS,<br />
107497 192471 680061 921681 971345 2424512 854641 995257 435563 375051 198584<br />
38<br />
1126703<br />
UNITED STATES 2575 -<br />
39<br />
(5)<br />
STATE AND LOCAL<br />
42<br />
16<br />
545<br />
37* 359 613<br />
40 OTHER INTEREST<br />
'. ■ 85<br />
155<br />
33*<br />
142<br />
121<br />
■<br />
16007<br />
64*<br />
243<br />
19<br />
12<br />
52<br />
2440<br />
210 31<br />
1200 2078 4701 6<br />
1149<br />
42 41 ROYALTIES RENTS 10596<br />
10543 48 13 7 42* 42<br />
101* 622 512<br />
914<br />
13:6<br />
1352<br />
2261<br />
.<br />
1593 340 413<br />
;ii;<br />
994<br />
615<br />
43 NET S.T CAP GAIN LESS L.T LOSS, 323<br />
751*<br />
-<br />
572<br />
44 NET L<br />
.<br />
286<br />
■T CAP GAIN LESS S=T LOSS*<br />
16<br />
1086 625<br />
18427 17 ::* 17*<br />
59r;<br />
1<br />
196<br />
32<br />
45 NET GAIN. NONCAPITAL ASSETS<br />
338* 2000 180* 243*<br />
3723<br />
3133<br />
(5) (51'42*<br />
1798<br />
212*<br />
625<br />
46 DIVIDENDS. DOMESTIC CORPS 279<br />
3839<br />
550<br />
■<br />
307<br />
47 DIVIDENDS, FOREIGN CORPS 16<br />
l<br />
124<br />
/: 178*<br />
785<br />
250<br />
246<br />
■ ■<br />
(51<br />
911<br />
I !!! 1055<br />
48 OTHER RECEIPTS<br />
188 64<br />
735 1764 4566<br />
17<br />
3979<br />
:Si 7586<br />
4323 12967<br />
5021<br />
5::: 4427 2236 3185 3185<br />
49 TOTAL DEDUCTIONS 8936970<br />
C<br />
22116<br />
50 COST OF SALES AND OPERATIONS<br />
108752 189381 661741 883001<br />
6988853 18701<br />
937749 2309787 818906 952399 424510 367962 187410<br />
51<br />
71389 1073256<br />
COMPENSATION OF OFFICERS<br />
130869 476951<br />
240378 298<br />
663211 731568<br />
12562<br />
1830674 681923 758748_ 361202 297998 153183<br />
52 REPAIRS 16040 43263 45925 812436<br />
63545<br />
35153 54352<br />
87<br />
10175<br />
248 495<br />
11696<br />
2725<br />
3970 2704<br />
4412<br />
1099<br />
2608<br />
3141<br />
IT 53 BAD DEBTS 35872<br />
52<br />
84*<br />
12676 5847 7471 4627 2480 77 19742<br />
54 RENT PAID ON BUSINESS PROPERTY<br />
568 2377<br />
65518<br />
2601<br />
53<br />
2530 5339 1136 17525 918 2119 23<br />
55 TAXES PAID<br />
2707 5259 9528 8799 600<br />
202464<br />
7987<br />
415<br />
15130 2587 4295 998 2662 474<br />
56<br />
5039<br />
INTEREST PAID<br />
2928 4158 16158 18205<br />
62924<br />
21478<br />
169<br />
48730 18496 20803 9024 7365 4455 30249<br />
57 CONTRIBUTIONS OR GIFTS<br />
293 1153 4611<br />
5687<br />
6122<br />
,<br />
5825<br />
2<br />
16879<br />
(5)* 42*<br />
6304<br />
232<br />
7222<br />
448<br />
4442 5249 68<br />
58<br />
4087<br />
AMORTIZATION<br />
629<br />
285 . 1482 419 1053 . 384 261 186 693<br />
59 DEPRECIATION<br />
4 13 151* 136 16*<br />
175496<br />
93*<br />
409<br />
236 21 34 61 13 1<br />
60 DEPLETION<br />
1824 3562 15044 • 16042 1<br />
477<br />
18336<br />
-<br />
42110<br />
.<br />
12897 16909 7945 6885 6333<br />
■ . 44 4<br />
27200<br />
61 ADVERTISING 42622 53 (5) . -<br />
lY 62 1007 473<br />
PENSION, PROF SH..ANNUITY PLANS<br />
1455 2535 5491<br />
64706<br />
4370 11414<br />
20<br />
3328 4644 1614 2979 517 3215<br />
63 OTHER EMPLOYEE BENEFIT PLANS<br />
295* 322* 2434<br />
46953<br />
5038 5430<br />
1<br />
14093<br />
289<br />
5156 8022 2712 3748 4228 13208<br />
64 NET LOSS, NONCAPITAL ASSETS<br />
795* 1923 2328<br />
2311<br />
3443 10768<br />
..<br />
3916 4370 1866 524<br />
65 -<br />
3027<br />
OTHER DEDUCTIONS<br />
85* 111 195* 17* 2* 245 32*<br />
13701<br />
938535 1852 15028 24552<br />
31<br />
83629<br />
76 1517 -<br />
104346 98641 245655 66667 89576 24171 31458 13739 139221<br />
66 TOTAL RECEIPTS LESS DEDUCTIONS••• 498980 ■<br />
1<br />
133 -394<br />
67 CONSTR TAX INC FM REL FOR CORP(1)<br />
6056 27244 44348<br />
13292<br />
41854 137873<br />
-<br />
-<br />
-<br />
47695 50697 25521 24243 23040 70936<br />
68 NET INCOME (LESS DEFICIT:IV<br />
-<br />
■<br />
511727 -133<br />
- - 17 223 3137 5861<br />
69 NET INCOME<br />
-394 5971 27211 44348 4054<br />
575959<br />
41854<br />
241<br />
137809<br />
3144<br />
47676<br />
7978<br />
50702<br />
37607 49962<br />
25692<br />
45897<br />
27341 28691<br />
1 70 DEFICIT<br />
74959<br />
64232 374<br />
153708 50415 68235 27491 27611 28691 74959<br />
RETURNS OTHER THAN FORM 1120.S1<br />
3538 2007 10396 5614 4043 15499 2739 17553 1799 270<br />
71 -<br />
NET INCOME (LESS DEFICIT)<br />
463909 11 .1387<br />
72 STATUTORY SPECIAL MOS., TOTAL<br />
6127 18800 1 30158<br />
14579<br />
39733 135406 47676 50702<br />
■<br />
25692 27341<br />
73<br />
28691 74959<br />
NET OPERATING LOSS CARRYFRD<br />
302*<br />
2770<br />
10889<br />
1416 1062*<br />
■ 302*<br />
3358 634 2269 776 434 ■<br />
74<br />
295 1263<br />
DIVIDENDS RECEIVED DEDUCTION. 2754 1351*<br />
3458<br />
1046* 2697 486 2060 -<br />
■<br />
19<br />
■<br />
75<br />
- 174<br />
DED FOR DIV PD, PUB UTIL STK. . - 16<br />
.<br />
65* 16* 661 148 209 776 415<br />
76<br />
97<br />
WESTERN HEMISPHERE TRADE DED•<br />
•1055<br />
■<br />
232 - -<br />
-<br />
- - .. ■<br />
- -<br />
-<br />
■<br />
- - -<br />
77 INCOME SUBJECT TO TAX ■<br />
532805 241<br />
- - -<br />
- - 198 34<br />
78 INCOME TAX (BEF CREDITS•. TOT(3/<br />
1616 7559 26426 34355 79 SURCHARGE 236161<br />
42697<br />
102<br />
147813<br />
339<br />
49852<br />
2249<br />
65984 1237 7323 12493<br />
26962 27210 28395 73695<br />
(5)<br />
(5)* (5)* 16 99 17909 216 68045 634 23319 114 31593 158 11313 12505 13590 35381<br />
80 TAX RECOMP PRIOR YEAR INV. CR•• 453<br />
4<br />
-<br />
81 FOREIGN TAX CREDIT 16668 ■ ■ 2<br />
. 42<br />
17 (5) 213 56 2 60 7 29 ..<br />
■<br />
4<br />
82 INVESTMENT CREDIT<br />
23<br />
■<br />
10200<br />
(5)<br />
13<br />
1 -<br />
(5)0<br />
204 55 58 164 3635 7436<br />
83 NET INCOME(LESS DEF) AFTER TAX(41<br />
253 654 5114<br />
285766<br />
815 1<br />
-222<br />
629<br />
-733<br />
2331 770 1066 514 448 . 271<br />
84 NET INCOME AFTER TAX 3975 20542 2336<br />
350017<br />
32670<br />
152<br />
24574 72095<br />
2805<br />
25127 20175 14893 15284<br />
85 ESTIMATED TAX PAYMENTS 5982 30939<br />
15472 41914<br />
95841<br />
38284<br />
18<br />
28617 87994<br />
1<br />
27866<br />
.<br />
.<br />
37728 16692 15572 15472 41914<br />
86 FORM 1120.5 NET INCOME (LESS DEF) 27816<br />
115*<br />
.144<br />
560* 22321 12402 20760 5564 6584<br />
C<br />
993 6400 21116<br />
DISTRIBUTIONS TO STOCKHOLDERS,<br />
0156* 8411 14190* 2121* 2403 - 0 . .<br />
87<br />
.<br />
CASH /I PROP EXCEPT OWN STOCK••• 85843 216<br />
88 CORPORATIONOS OWN STOCK<br />
613* 566* 6068<br />
17647<br />
4265<br />
0<br />
1488 10738 4715 13894 5746 8003<br />
IC<br />
4746 24785<br />
SELECTED INVESTMENT ITEMS,<br />
7871 .. 2459 ■ 8* - 4859 - 2450 . .<br />
89 COST OF PROP. USED FOR INV. CR. 201989 204<br />
90 INVESTMENT QUALIFIED FOR CREDIT<br />
1397 5428 18940 16162<br />
163779 178<br />
14620 44031 17470 19576 10722 9817<br />
1<br />
6394 37228<br />
91 TENTATIVE INVESTMENT CREDIT<br />
1227 4191 12674<br />
11205<br />
13960<br />
13<br />
12763 35236 •<br />
(5)<br />
13737 15749 8628 7255 5296 32885<br />
92 INVESTMENT CREDIT CARRYFORWARD<br />
295 736<br />
3099<br />
990 860 2469 959 1099<br />
■<br />
604 508 371 2301<br />
93 UNUSED INVESTMENT CREDIT<br />
(51* 42* 543 165<br />
4033<br />
291<br />
(5)<br />
938<br />
151*<br />
710*<br />
127<br />
147 144 84 ■<br />
625 308 440 1074 902*<br />
35<br />
179 234 144 . ...<br />
FOOTNOTES AT BEGINNING AND END OF FILM<br />
4 U. S. TREASURY DEPARTMENT INTERNAL REVENUE SERVICE<br />
C<br />
I<br />
FI<br />
$<br />
I<br />
I<br />
N<br />
I<br />
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•