1 - Internal Revenue Service
1 - Internal Revenue Service
1 - Internal Revenue Service
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LP-1 ON 4 L OVERLAP R LP-2 273.RP RP- 0 62<br />
1967 CORPORATION<br />
SOURCE BOOK OF STATISTICS OF INCOME<br />
ACTIVE CORPORATION INCOME TAX RETURNS, JULY 1967 JUNE 1968 184<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 3498<br />
MPG.; PAR. METAL PRODUCTS, EXCEPT MACHINERY 6 TRANSP.<br />
(SIZE OF TOTAL ASSETS AND MONEY FIGURES IN THOUSANDS OF DOLLARS)<br />
EQUIPMENTS Fab. vire products 6 miscellaneous<br />
tobrloat“<br />
SIZE OF TOTAL ASSETS<br />
Isstm1 products<br />
OVER ZERO 50 100 . 250 500 1,000 5.000 101000 25,000<br />
ITEM<br />
50.000 100.000<br />
TOTAL ZERO UNDER UNDER UNDER UNDER UNDER UNDER UNDER UNDER UNDER UNDER UNDER 250,000<br />
ASSETS 50 100 250 500 1,000 5.000 10,000 25.000 50,000 100.000 250.000 OR MORE<br />
NUMBER OF RETURNS WITH AND WITHOUT NET INCOME<br />
I. TOTAL 6982 278 1625 1153 1535 1059 446 731 98 35 11 ,10 1<br />
2 WITH NET INCOME 5058 113 868 726 1265 924 374 649 87 31 10 10 1<br />
3 WITHOUT NET INCOME 1924 165• - 757 427 270 135 72 82 .11* 4 1<br />
4 FORM 1120-S 727 303* 113* 266* 38* - 7 . -<br />
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11'.4<br />
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5 TOTAL ASSETS 4912550 39100 79460 256178 372909 307720 1520282 668008<br />
6 CASH<br />
524120 392607 635725<br />
383229<br />
116441<br />
• 5304 971! 31944 52045 37622 135385<br />
7<br />
38112 25462 22960<br />
NOTES AND ACCOUNTS RECEIVABLE<br />
22190<br />
1073033<br />
2490<br />
9924 22058 736 83 103496 76155 352467 128118 106635 65594 114134 20769 ■••■<br />
a LESS( ALLOWANCE FOR BAD DEBTS 16926 • 94 235* 728 1389<br />
9<br />
494<br />
INVENTORIES<br />
6195 2331<br />
1388519 7382<br />
1840 .1380 1737<br />
14751 50240<br />
503<br />
77377 84178 454514<br />
INVESTMENTS IN GOVT. OBLIG;<br />
221955 144911 103807 193057 36347<br />
10 UNITED STATES 41125 24 - 1039* 2787* ■<br />
11<br />
24075<br />
STATE AND LOCAL<br />
1536 3458 8206<br />
12040<br />
.<br />
. . . 5676 4680 . 1684 - ■ ■•■■<br />
12 OTHER CURRENT ASSETS 76848 767 770 4652 3425 2505 26848<br />
13<br />
11368<br />
LOANS TO STOCKHOLDERS<br />
, 5766 11113 9634 —<br />
15388 539* 1354* 1273* 1246 708* 1444<br />
14<br />
491*<br />
MORTGAGE AND REAL ESTATE LOANS<br />
60 8121 152 —<br />
2192 339* (5) - 23 1480 —<br />
15 OTHER INVESTMENTS<br />
137 213 - -<br />
456638<br />
232* 183* 5700 17892 23422 77963<br />
16 DEPRECIABLE ASSETS<br />
62016 76009 71440<br />
2488151<br />
98578<br />
24339<br />
23203<br />
45937 149252 186316 155371<br />
17<br />
761105 338046<br />
LESS; ACCUM DEPRECIATION<br />
256358 172357<br />
1227047<br />
340531 58539<br />
12461 20555 71320 92839 79652 374345<br />
18<br />
165880<br />
DEPLETABLE ASSETS<br />
120044 92188<br />
4430*<br />
168305 29458<br />
2 ■ 2853* 242 13<br />
19<br />
410 91<br />
LESS; ACCUM DEPLETION<br />
819 -<br />
1<br />
-<br />
■ 2115* 62 5 234 .<br />
■<br />
20 LAND 87840<br />
212* 1948*<br />
.<br />
4145 8154 3355 33699<br />
21<br />
11771 8419<br />
INTANGIBLE ASSETS (AMORTIZABLE)<br />
7201<br />
2<br />
7336<br />
::::* • 519*<br />
1600<br />
1354* 1000 7790 437* 4665<br />
22<br />
4185<br />
LESS( ACCUM AMORTIZATION<br />
3399 2350 751<br />
8511<br />
-<br />
229* 762* 690 2064 129* 1551<br />
23<br />
1770<br />
OTHER ASSETS<br />
426 474 416 .<br />
. 111568 2642 2602 5988 7935 4039 23144 15535 15725 10784 19820 3454<br />
24 TOTAL LIABILITIES 4912550 ■ 39100 79460 256178 372909 307720 1520282 668008 524120 392607 635725 116441<br />
25 ACCOUNTS PAYABLE 576708 14229 17813 34514 53626 56678 199021 ' 82213 55479 18315 34169 10651<br />
26 MORT.. NOTES. BONDS UNDER 1 YR 362620 ■ 3435 5729 25562 20170 32255 129485 50670 48628 16756 27930 2000<br />
27 OTHER CURRENT LIABILITIES 366722 ■ 2831 6484 18374 30139 27373 129602 39384 30905 29170 44991 7469<br />
28 LOANS FROM STOCKHOLDER! 00602 .. 7829 3481* 12351 662 . 3013* 26501 4378 613 528 15816 - .<br />
29 MORT.. NOTES. BONDS OVER 1 YR 502768 . 5498 17744 29718 48339 23803 128967 81513 70981 19441 76764 ■ .<br />
30 OTHER LIABILITIES 120689 • 640 3829 2847 12579 8353 29299 11762 7975 19367 22713 1325 -<br />
31 . CAPITAL STOCK 720170 .. 32391 12597 53279 59383 42272 226300 120028 57659 39908 73864 2489 .<br />
32 ' PAIC ■ IN OR CAPITAL SURPLUS 396866 ■ 4622 1776* 7570 6906 . 2355 50507 32533 80375 26189 167710 16323 .<br />
33 RErAINED EARNINGS, APPROP 34169 15)* 381 3082* 2797* 1017* 20143 1069 1006 2400 817 1457<br />
34 RETAINED EARNINGS. UNAPPROP••• ■■ 1806565 . .32368 .10854 73743 134994 114422 602075 256727 174880 223683 172693 74862<br />
35 LESS; COST OF TREASURY STOCK.... 55329 .. 7 1228* 4892 2086* 3821* 21618 12269 4381 3150 1742 135<br />
36 TOTAL RECEIPTS 8152323 234259 104244 207809 558418 814135 601535 26214178 988684 684551 383693 819992 130825<br />
37 BUSINESS RECEIPTS 8057220 233601 103336 206301 543568 806191 597959 2594991 977084 673442 377197 813440 130110<br />
INTEREST ON GOVT. OBLIGATIONS(<br />
38 UNITED STATES 2747 24 1 42* 83* 152* 82* 1182 587* 156 421 17 ■ .<br />
39 STATE AND LOCAL 515 - - . - . - ■ 201 77 43 194 . .<br />
40 OTHER INTEREST 11517 80* 9* I 449 911 393 3061 1141 1990 2468 819 195<br />
41 RENTS 8527 304* 127* 338* 938 680* 628* 2851 1443 478 126 548 16 ■<br />
42 ROYALTIES ' 6372 1 - — 18 - 23* 1602 743 1030 418 2295 242<br />
43 NET S-T CAP GAIN LESS L—T LOSS 106 .. .. . 49 . (5) . 32* (5) 1 1 23 . -<br />
44 NET L—T CAM GAIN LESS S.T LOSS 12575 ■ (5) 508* 295 1951* 277 4330 409 3874 427 421 83<br />
46 NET GAIN. NONCAPITAL ASSETS...• 3693 74* 122* 212* 173 450 875* 1057 381 90 13 231 15 .<br />
46 DIVIDENDS, DOMESTIC CORPS 3486 9 151* (5)9 18* 114* 148 978 1214 417 563 14 11<br />
47 DIVIDENDS. FOREIGN CORPS 1391 ..<br />
■ . . 46* 237 353 647 90 18<br />
48 OTHER RECEIPTS 44174 166 649 407 12827 3686 1150 13847 5318 2677 1218 2094 135 .<br />
49 TOTAL DEDUCTIONS 7569423 221482 108992 208133 533105 772378 564342 2428607 914005 618363 343948 734697 121371 .<br />
50 COST OF SALES AND OPERATIONS 5672801. 170353 68912 144355 379569 562848 443176 1859548 688705 466269 258302 535335 95429<br />
51 COMPENSATION OF OFFICERS 246166 2555* 12538 19442 42214 51042 21825 65365 14617 7406 3475 5133 554<br />
52 REPAIRS 85078 6749 195 1346 2170 3607 2777 16557 13658 11111 5929 15402 5577<br />
53 BAD DEBTS 11992. 417 378* 2559 1379 2191 296 4050 1556 597 183 623 67<br />
54 RENT PAID ON BUSINESS PROPERTY 66598 576 2275 3667 7015 11691 4396 17615 5718 5051 1582 6185 824 .<br />
55 TAXES .PAID 11(1605 5328 4393 5844 12993 17607 13329 56316 20579 14421 10027 16683 4085 .<br />
56 INTEREST PAID 59844 4121* 175 1642 3043 4887 3715 17741 8210 6078 3146 7003 83 .<br />
57 CONTRIBUTIONS OR GIFTS 5432 104* 1* 2* 154 358 399 2011 562 619 678 500 44 .<br />
58 AMORTIZATION 949 2 (5)1 151* 91 312 6* 352 74 21 68 23 .<br />
59 DEPRECIATION 188269 7252 2584 5535 13480 16856 14113 54455 21336 16554 9131 23630 3343 .<br />
60 DEPLETION 227 .. . . . 0* 133 3 83 (5) .<br />
61 ADVERTISING 48365 700 1172 1300 2795 3671 2499 13977 7691 4829 2031 6159 1541 -<br />
62 PENSION. PROF SH.1ANNUITY PLANS 67255 1958* 432* 974* 1633 4715 2262 20901 9465 5153 ' 4549 12026 3187 .<br />
63 OTHER EMPLOYEE BENEFIT PLANS•*• 39264 2568* 321* 383* 1673 3846 2390 13548 4590 2565 1212 5158 1010<br />
64 NET LOSS. NONCAPITAL ASSETS...• 2080 809 466 . 100* 247* 268* 408 408• 69 12 22 . .<br />
65 OTHER DEDUCTIONS 893498 18719 15150 23388 64793 88500 52891 285755 116703 77617 43540 100815 5627<br />
66 TOTAL RECEIPTS LESS DEDUCTIONS•• 582900 12777 •4748 .324 25313 41757 37193 195571 74679 66188 39745 85295 9454 ■<br />
67 CONSTR TAX INC FM REL FON CORPII) 1706 - ., . ■ 499 225 156 626 200 . ■<br />
68 NET INCOME (LESS DEFICIT)(2) 584091 12777 .4748 •324 25313 41757<br />
69 NET INCOME<br />
37193 105869 74827 66301<br />
635184<br />
40177<br />
13419<br />
85495<br />
3932 6777<br />
9454<br />
70 DEFICIT 51093 642* 8680 7101 31466 6153 46237 4480 41535 4342 208459 42590 79480 4653* 67754 1453 41176 999 85495 9454 .<br />
■<br />
RETURNS OTHER THAN FORM 1120 —Si<br />
—<br />
71 NET INCOME (LESS DEFICIT) 567802 12777 •6317 .2120 20149 36909<br />
72<br />
37193 192957 74827<br />
STATUTORY SPECIAL DEDS., TOTAL<br />
66301 40177<br />
14814 129*<br />
85495<br />
759*<br />
9454<br />
239* 527 943<br />
73<br />
200 4878<br />
NET OPERATING LOSS CARRYFRO<br />
1899 1022<br />
11823 121*<br />
479<br />
759*<br />
3730 9<br />
239* 510*<br />
74<br />
845* 69 4028<br />
DIVIDENDS RECEIVED DEDUCTION<br />
866<br />
2973 a<br />
668<br />
(5)<br />
3718<br />
(51*<br />
.<br />
17* 98* 131<br />
75<br />
832<br />
DED FOR DIV PD. PUB UTIL STK<br />
1033<br />
.<br />
354 479 12 9<br />
■ .. ■<br />
- -<br />
. . . — .<br />
76 WESTERN HEMISPHERE TRADE DED, 18 ■ .. — - .<br />
77 INCOME SUBJECT TO TAX<br />
. 18<br />
602768• 13293 1366 4784 23219 40461<br />
78 INCOME TAX (BEP' CREDITS). TOT(3)<br />
41337 200686 78050 67330 41035 81763 9444 .<br />
272287 6267 255 1067 6723. 14748<br />
79 SURCHARGE<br />
18021 93082 37043<br />
2177 . 241*<br />
31665<br />
(5)*<br />
19685 39217 4514 ..<br />
(51* 32<br />
80<br />
259<br />
TAX RECOMP PRIOR YEAR INV. CR<br />
194* 880<br />
762<br />
101<br />
6<br />
282 127 61 .<br />
■ (5)* 16 148 99*<br />
81 FOREIGN TAX CREDIT<br />
333 21 62 15 57<br />
2179 2<br />
5<br />
■ ■ .<br />
82 INVESTMENT CREDIT<br />
(5)* 475 338<br />
12542 746* 43*<br />
365 689 279 32 .<br />
169* 817 1017<br />
83 NET INCOME(LESS DEF) AFTER TAX(4)<br />
887 3573<br />
324346 7256<br />
1406<br />
•4960<br />
1264 605 1681<br />
.1222 19407<br />
334<br />
28026<br />
84<br />
20059<br />
NET INCOME AFTER TAX<br />
106360 39190 35900 21097 47959<br />
'375448 7898<br />
5274<br />
3720 5879 25560 32506<br />
85 ESTIMATED TAX PAYMENTS<br />
24402 118958 43843<br />
136360 2990*<br />
37353 22096 47959 5274<br />
.. — (5) 4 2613 36723 24979 22310 15032 28590 3119<br />
86 FORM 1120.5 NET INCOME (LESS DEF) 16289 1569* 1796* 5164* 4848* .. 2912 . ■ ■<br />
.<br />
87 DISTRIBUTIONS CASH A. PROP TO EXCEPT STOCKHOLDERS;<br />
OWN STOCK 96051 7888* 242* 1054* 3072 1060* 21391 8666 15247 5844 19366 3975<br />
88 CORPORATIONS OWN STOCK. 29201 6750* - - 2754* 4699* 7500* 4782<br />
SELECTED INVESTMENT ITEMS;<br />
515 2201<br />
89 COST OF PROP. USED FOR INV. CR . 235237 10633* 2827 4983 18935 19989<br />
90<br />
15404 67611<br />
INVESTMENT QUALIFIED FOR CREDIT<br />
24378 23076 11416 30383<br />
197122 10627*<br />
5602<br />
2342 3584 12845 17460<br />
91<br />
13931 58512 20095 18866 8767 25328 4765 ••■<br />
TENTATIVE INVESTMENT CREDIT.•.• 13675 746* 128 227 932 1167<br />
92<br />
947 4092<br />
INVESTMENT CREDIT CARRYFORWARD<br />
1396 1321 612 1773<br />
3769 41*<br />
334<br />
(5)* 254* 197 592 56*<br />
93 UNUSED INVESTMENT CREDIT<br />
1798 287*<br />
4928<br />
363 181<br />
41* 85* 313 329 758 116 2312 275* 419 7 273<br />
FOOTNOTES AT BEGINNING AND END OF FILM<br />
U. S. TREASURY DEPARTMENT - INTERNAL REVENUE SERVICE<br />
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