1 - Internal Revenue Service
1 - Internal Revenue Service
1 - Internal Revenue Service
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LP-1 ON 4 L OVERLAP R LP-375 375-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 />
120<br />
MINOR INDUSTRY 3550<br />
MFG.; MACHINERY, EXCEPT ELECTRICAL; Special Industry<br />
O (SIZE OF TOTAL ASSETS AND MONEY FIGURES IN THOUSANDS OF DOLLARS) machinery& equipment, except metalworking<br />
SIZE OF TOTAL ASSETS<br />
OVER ZERO 50 100 250 500 11000 51000 ITEM<br />
10,000 25,000<br />
TOTAL<br />
500000 100.000<br />
ZERO UNDER UNDER UNDER UNDER UNDER UNDER UNDER UNDER UNDER UNDER UNDER 2501000<br />
ASSETS 50 100 250 500 1.000 51000 10,000 25.000 501000 100.000 250.000 OR MORE<br />
•<br />
NUMBER OF RETURNS WITH AND WITHOUT NET INCOME<br />
1 TOTAL 3483 21* 805 687 744 426 354 332<br />
• 2 WITH NET INCOME<br />
54 30 15 6 7<br />
2359<br />
2<br />
21* 339* 420 519<br />
3 WITHOUT NET INCOME<br />
359 316<br />
1124<br />
294 42 23<br />
466<br />
13 5<br />
267*<br />
6<br />
225 67*<br />
2<br />
38*<br />
4<br />
4 FORM 1120-S<br />
38 12* 7<br />
344<br />
2<br />
-<br />
1 1<br />
76* 113* 76* 76* 3<br />
el<br />
- - -<br />
5 TOTAL ASSETS 4833886 - 12557 47778 114510 158042 239270 704584 383984 433738<br />
A CASH<br />
586640 405890 1043530 703363<br />
298624 - 2074 5304 14463 26910<br />
•<br />
29913 60454<br />
7 NOTES AND*ACCOUNTS RECEIVABLE<br />
20306 25564<br />
1406349<br />
35719 17673 33465<br />
3861 15400<br />
26779<br />
29501 42756 45699 175761 105522<br />
8<br />
130569 164997 95341<br />
LESS; ALLOWANCE FOR BAD DEBTS<br />
293169<br />
30328 -<br />
303773<br />
(5)* 56* 130* 540* 502* 2687<br />
9 INVENTORIES<br />
1424 2350 2426 2362<br />
1399387 -<br />
4418 13433<br />
1372 10301 27355 39468 62537 218671<br />
• INVESTMENTS IN GOVT. MUG,<br />
116862 142369 178028 148600 287015 166009<br />
10 UNITED STATES 55537 - - 1623 14424<br />
11 STATE AND LOCAL<br />
9371 2382 996<br />
3465<br />
2487 24254<br />
.<br />
■ - - - 1316 1739 - 410<br />
- - -<br />
• 12 OTHER CURRENT ASSETS 61897 509* 1049 1239 1311 2585 13557<br />
13 LOANS TO STOCKHOLDERS<br />
4180 3869 13739<br />
. 5596<br />
1837 13115<br />
211* 1275*<br />
4907<br />
98* 1535* 155* 398* -<br />
14 MORTGAGE AND REAL ESTATE LOANS<br />
. 1924 . ,<br />
4525 -, ■ - 1607* .<br />
•<br />
-<br />
15 OTHER INVESTMENTS<br />
184* 680*<br />
428292<br />
18 24<br />
1016*<br />
2000<br />
1717*<br />
12 -<br />
5022 3820 1982 45534 17420<br />
16 DEPRECIABLE ASSETS<br />
30190 53982<br />
2078779<br />
47704 178009 41896<br />
■ 8003 29190 53923 70448 137222 303835<br />
17<br />
188132<br />
LESS, ACCUM DEPRECIATION<br />
181607 225201<br />
1036081<br />
163017 344581<br />
■ 4786<br />
373620<br />
18166 24638 35926 57324 158519<br />
O 18 DEPLETABLE ASSETS<br />
91074 91543 112641 85363<br />
2309<br />
148397 207704<br />
■ - - -<br />
19<br />
551* -<br />
LESS, ACCUM DEPLETION<br />
205 - -<br />
549<br />
. 1553<br />
■ - - - -<br />
20 LAND<br />
- 207* - 198 - - -<br />
59250<br />
• 144<br />
■ 85* 557* 1099* 3540 7717* 11574<br />
• 21<br />
4142<br />
INTANGIBLE ASSETS (AMORTIZABLE:<br />
3765 7120 4752<br />
27698<br />
10829<br />
■ 4<br />
4070<br />
41 938 1244* 5867* 5420<br />
22<br />
1773<br />
LESS, ACCUM AMORTIZATION<br />
3063 3742 1249 4357 -<br />
12622 ■ 4 17 297 366* 3643* 2192 379<br />
•<br />
1668<br />
23 OTHER ASSETS<br />
1445 353<br />
81758<br />
2258 -<br />
■ 212 1183 4330 3842 5439 16510 6734 5896 17270 9308 8997 . 2037<br />
24 TOTAL LIABILITIES 4833886 12557 47778 114510 158042 239270 704584 383984 433738<br />
25 ACCOUNTS PAYABLE<br />
586640 405890<br />
507355<br />
1043530 703363<br />
3179 0877 17809 22597 30586 77605<br />
•<br />
46068<br />
26 MONT.. NOTES, BONDS UNDER 1 YR<br />
50414 80556<br />
265079<br />
33014 62832' 73818<br />
2636* 4888* 13261 15624 26149 55933 22235<br />
27 OTHER CURRENT LIABILITIES<br />
22353 39108<br />
432749<br />
26152 4239<br />
5857<br />
32501<br />
2344 9224 15902 33615 67158 35295<br />
28 LOANS FROM STOCKHOLDERS<br />
29437 48108 30009<br />
69544<br />
109995<br />
1778* 5594*<br />
45805<br />
9050 14024* 3954* 8013<br />
• 29<br />
221 17149<br />
MORT., NOTES. BONDS OVER 1 YR<br />
1805 -<br />
705731 -<br />
7956<br />
1227* 4739* .12762 4144* 27429 51225<br />
30<br />
35631<br />
OTHER LIABILITIES<br />
42710 85361 92792<br />
195192<br />
165134 182577<br />
12862 1317 2042 3418 7771 29919<br />
31<br />
16315<br />
CAPITAL STOCK<br />
11979 10967 5349<br />
667550<br />
57736 35517<br />
3691 11428 . 22833 19822 26882<br />
• 32<br />
102015 35916 61824<br />
PAID-IN OR CAPITAL SURPLUS<br />
77178 42172<br />
. 331534<br />
160617 103172<br />
■ 3222* 3134* 115* . 9316 3145 38446<br />
33 RETAINED EARNINGS, APPROP<br />
16743 38547 42300<br />
65982<br />
46134<br />
- 85*<br />
75794<br />
. 423 460* 16* -<br />
54639<br />
10086<br />
34 RETAINED EARNINGS, UNAPPROP<br />
2135<br />
•<br />
2350 32<br />
1648879<br />
250<br />
-<br />
453 7 1<br />
-19779 •<br />
4773<br />
7870 •<br />
•<br />
31166 54084 82946 274043<br />
35<br />
175258<br />
LESS) COST OF TREASURY STOCK<br />
158655 206040<br />
. 55708 •<br />
132640<br />
r.<br />
370924<br />
2201* . 2836*<br />
175032<br />
4212* 905* 3207* 9859 1833 • 1680 4815 2622 17068 4470<br />
36 TOTAL RECEIPTS<br />
• .37 BUSINESS RECEIPTS<br />
INTEREST ON GOVT. OBLIGATIONS;<br />
' 6254814 2409* 73473 110936 186240 311147 412711 1088723 566868 491022 689945 4700 .85 982349 868906<br />
5998061 2164* 72542 110177 184247 707354 403606 1068839 543590 477000 674039 . 459055 918359 778089<br />
38 UNITED STATES 1708 - (5)* (5) 151* - 32* 653<br />
• 39<br />
327<br />
STATE AND LOCAL<br />
112 52 16<br />
363 . .<br />
507 9<br />
■ . ■ ■<br />
40 OTHER INTEREST<br />
70 97 6<br />
27425<br />
10 (5)<br />
36*<br />
13<br />
e5*<br />
167<br />
129* 483 555 397<br />
41 RENTS<br />
2728 905 3127 2665<br />
110282<br />
1698 6919 7698<br />
6 85* (5) 119*<br />
•<br />
290*<br />
42 ROYALTIES<br />
1667 1148 14890 1049 472 399<br />
26742 16*<br />
22299 67858<br />
■ 16 -<br />
43 NET<br />
716* 1540* 1698<br />
S-T CAP GAIN LESS L-T LOSS<br />
1742<br />
255* -<br />
3364 5360 3687 2168 6435 •<br />
■ - -<br />
44 NET L-T CAP GAIN LESS S.T.LOSS<br />
- - 255* 15) - .<br />
17329 •<br />
■ 85* 6*<br />
•<br />
164* 687* 4152*<br />
45 NET GAIN, NONCAPITAL ASSETS<br />
1325 2104 245 2705<br />
6643<br />
248<br />
132*<br />
3622 1986<br />
40 45* 16* 233* 462* 460 357 2414 416 1902 55 111 •<br />
46<br />
Itt<br />
DIVIDENDS, DOMESTIC CORPS 3550 16* (5) 3<br />
47<br />
312* 15) • 6*<br />
DIVIDENDS. FOREIGN CORPS<br />
721 44*<br />
16426<br />
279 236 18 1842 73<br />
■ 15) 16* -. •<br />
• 48 OTHER RECEIPTS<br />
8 226 89 1419<br />
46030<br />
1242<br />
39<br />
12328<br />
636<br />
1098<br />
560 883 1312 849 10818 2586 3337 2571 2820 14237 .5382<br />
49 TOTAL DEDUCTIONS 5834238 1846* 74223 106891 182211 290618 374934 1026350 532618 457971 659647 442619 891991 792319<br />
• 50 COST OF SALES AND OPERATIONS... 4126365 1191* 39250 72535<br />
51<br />
123070<br />
COMPENSATION OF OFFICERS<br />
206904 257252 791110 389784<br />
142380<br />
321488 493673<br />
42<br />
329637<br />
7676<br />
571724<br />
11226<br />
578747<br />
15497<br />
•<br />
52<br />
23663<br />
REPAIRS<br />
19609 29513 10000 6108<br />
66366<br />
6061 3021 5984<br />
1 42* 682<br />
3980<br />
805<br />
• 53 BAD DEBTS<br />
1022 1830 5536 5831<br />
21082 (5)<br />
4682 9981 7581<br />
339* 282*<br />
9692 18681<br />
865<br />
54 RENT PAID ON BUSINESS PROPERTY<br />
263 1071 1585<br />
54788<br />
1691 1593<br />
19*<br />
695<br />
2416<br />
4303<br />
2654<br />
1477 6918 •<br />
55 TAXES PAID<br />
3412 2384 4982 6592 4432<br />
140771<br />
29*<br />
3020 4961<br />
2710<br />
3509<br />
2790<br />
6957<br />
4984<br />
9450<br />
• e 56 INTEREST PAID<br />
6144 9005 23039<br />
60735<br />
12107<br />
5*<br />
12561 15801 10447<br />
595 648<br />
21874<br />
1436<br />
19280<br />
1209 3502 7697 4470 5606 6331 5726 9450 14060 •<br />
57 CONTRIBUTIONS OR GIFTS 6237 (5)* (5)* 42*<br />
58<br />
2<br />
AMORTIZATION<br />
392 159 683 . 588 567<br />
1481<br />
446 559<br />
- 169* 4* 37<br />
1365 1434<br />
• 59 DEPRECIATION<br />
163* 06* 522 293<br />
165599<br />
41 137 9<br />
19* 1905<br />
20 (5)<br />
1796 4744 6335<br />
60 DEPLETION<br />
13531 22361 13001 11382 14089<br />
749 -<br />
10329 27792 37415<br />
15)* .<br />
•<br />
61 ADVERTISING<br />
* * * 194 * .<br />
60103 38* 973<br />
. 555<br />
1074 2349<br />
• 62<br />
4515<br />
PENSION, PROF SH.IANNUITY PLANS<br />
3102 9887 4433 4411<br />
61668<br />
6734 3326 9772<br />
5<br />
9489<br />
151* 157* 935* 1291*<br />
63 OTHER EMPLOYEE BENEFIT PLANS<br />
2491 10620 4030 5981<br />
37004<br />
6237 5541<br />
11* 1100*<br />
15561 8791 •<br />
188*<br />
611<br />
720 1033 2458<br />
NET LOSS, . NONCAPITAL ASSETS<br />
5279 2454 4025<br />
13010 . 5718 2242 6982 4794<br />
(51* .<br />
•<br />
(5)*<br />
65 OTHER DEDUCTIONS<br />
3 34 11873 . 147 112<br />
875900 486*<br />
35 50<br />
17048<br />
214 542<br />
12813 23355 35297 55822 150053 79349 76200 87848 56339 203107 78183<br />
66 TOTAL RECEIPTS LESS DEDUCTIONS 420576 563* -750 4045 4029 20529 37777 62373 34250 33051 30298 27466 90358 • 76587<br />
• 67 CONSTR TAX INC FM REL FOR CORP(1, 14142 - - - . . 301 80 1097 209 11171 '1284 •<br />
•<br />
•<br />
•<br />
60 NET INCOME (LESS DEFICIT)(2) 434355 563* -750 4045 4029 20524<br />
69 NET INCOME<br />
37777 62303 34454 33125<br />
486393<br />
31385 27675<br />
563* 3682*<br />
101516 77704<br />
6776 8470<br />
70 DEFICIT<br />
23386 39110 78568 38614 38523 34399<br />
52038 *<br />
34854<br />
4432<br />
101744<br />
2731*<br />
77704<br />
4441 2857*<br />
RETURNS OTHER THAN FORM 1120-$,<br />
1333* 16265 4160 5398 3014 7179 228 - •<br />
71 . NET INCOME (LESS DEFICIT) 416335 563* -750 2978 2806 12876 30745<br />
72 STATUTORY SPECIAL DEDS., TOTAL<br />
61258 34454 33125 31385<br />
12439 16*<br />
27675<br />
846*<br />
101516 77704<br />
551* 557*<br />
73 NET OPERATING LOSS CARRYFRD<br />
18 1869* 2563<br />
8674<br />
475*<br />
*<br />
2376 317 600<br />
646*<br />
1814<br />
550*<br />
437<br />
279* 18<br />
•<br />
74<br />
1869* 1955*<br />
DIVIDENDS RECEIVED DEDUCTION<br />
12 2138 - 585<br />
3130<br />
47<br />
16* (5) i<br />
375<br />
278* (5) ■<br />
75 DED FOR DIV PD. PUB UTIL STK -<br />
608 38* 238 201<br />
-<br />
15<br />
-<br />
1673 62<br />
■<br />
76<br />
. -<br />
WESTERN HEMISPHERE TRADE DED<br />
- - -<br />
635<br />
-.<br />
-<br />
-<br />
-<br />
.<br />
- - *<br />
•<br />
77 INCOME SUBJECT TO TAX<br />
* * 425 - 116<br />
456834 547*<br />
* 94<br />
28364 4928<br />
*<br />
6527 15716 30700 75023 38143 36329 34178 34268 100372 77267<br />
• 78 INCOME TAX (BEF CREDITS), TOT(3) 209676 214* 846* 1190<br />
79 SURCHARGE<br />
1801 6011 12554 34574<br />
1630<br />
17820 17431 15884 16816<br />
1<br />
47856<br />
(5)* (5)*<br />
36679 •<br />
80<br />
IS)*<br />
TAX RECOMP PRIOR YEAR<br />
32 138* 296<br />
INV. CR 483<br />
170 131 127 283<br />
8*<br />
452<br />
(5)* - • 49* (5)* (5) ■<br />
• 81 FOREIGN TAX CREDIT 95<br />
17324<br />
2 7<br />
-<br />
40<br />
-<br />
131<br />
45)<br />
90 61<br />
82 INVESTMENT CREDIT<br />
. . 132<br />
8176<br />
285 222<br />
(5)<br />
908<br />
42* 85*<br />
512 13412<br />
293<br />
1853<br />
83 NET INCOME(LESS DEF, AFTER TAX)4,<br />
510 866 1414<br />
232857 349*<br />
532 592 779<br />
•1554<br />
812<br />
2940<br />
1085 1168<br />
• 84 NET INCOME AFTER TAX<br />
2521 15028. 26089 29143<br />
285056 349*<br />
17166 16286 16280<br />
2878*<br />
11671<br />
5671<br />
54745 42193<br />
85 ESTIMATED TAX PAYMENTS<br />
7011 17885<br />
105697<br />
27422 45408<br />
- -<br />
21326<br />
-<br />
21684 19294<br />
-<br />
18958 54977 42193<br />
86 FORM 1120..5 NET INCOME (LESS DEF)<br />
* 14009<br />
18020<br />
10003 12766 9925<br />
-<br />
12647<br />
-<br />
22700<br />
1067*<br />
23647<br />
1223*<br />
• DISTRIBUTIONS TO STOCKHOLDERS;<br />
7653* 7032* 1045<br />
- - - -<br />
87 CASH & PROP EXCEPT OWN STOCK 107511 ■ 1862* 898*<br />
38* 10815*<br />
88 CORPORATIONS OWN STOCK<br />
8645* 8717<br />
12790<br />
3969 3369 8664 7163<br />
-<br />
.<br />
30591 22780<br />
-<br />
• SELECTED INVESTMENT ITEMS, 903* 590 922 5032 2495 2848 -<br />
89 COST OF PROP. USED FOR INV. CR. 164935 635* 1609* 9254 8307<br />
C<br />
90 INVESTMENT QUALIFIED FOR CREDIT<br />
15341 24664<br />
128323<br />
11167 12746 19210<br />
1<br />
15246 23198<br />
635*<br />
23557<br />
1228*<br />
•<br />
5680 7344<br />
91<br />
10008<br />
TENTATIVE INVESTMENT CREDIT<br />
21004 9240 10090<br />
8917<br />
14336 12648 19418<br />
(5) 42*<br />
16691<br />
42*<br />
92<br />
376 526<br />
INVESTMENT CREDIT CARRYFORWARD<br />
706<br />
1334<br />
1450 652<br />
.<br />
707 1003 885 1360<br />
42* 171*<br />
1168<br />
• 93 UNUSED INVESTMENT CREDIT'<br />
135* 295* 224<br />
2067<br />
76 208 178 3 *<br />
15)<br />
*<br />
(5) 238* 151* 151* 255 198* 321 402 76 275 .<br />
FOOTNOTES AT BEGINNING AND ENO OF FILM<br />
U. S. TREASURY DEPARTMENT • INTERNAL REVENUE SERVICE<br />
•<br />
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