1 - Internal Revenue Service
1 - Internal Revenue Service
1 - Internal Revenue Service
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LP-1 ON 4 L OVERLAP R LP-276 276-RP RP-1 ON 62<br />
1967 CORPORATION<br />
SOURCE BOOK OF STATISTICS OF INCOME<br />
ACTIVE CORPORATION INCOME TAX RETURNS, JULY 1967 JUNE 1966<br />
BALANCE SHEET, INCOME STATEMENT, TAXI ANO INVESTMENT CREDIT ITEMS. BY INDUSTRY GROUP AND BY SIZE OF TOTAL ASSETS<br />
• RETURNS WITH AND WITHOUT NET INCOME<br />
' • 191<br />
MINOR INDUSTRY 3560 9<br />
MFG.: MACHINERY, EXCEPT ELECTRICAL: Ganeral Industrial<br />
)SIZE OF TOTAL ASSETS AND MONEY FIGURES IN THOUSANDS OF DOLLAP')<br />
mahInary and equipmunt<br />
SIZE OF TOTAL ASSETS<br />
OVER ZERO 50 100 250 500<br />
gg ir 2E1000 50.000 100,000<br />
ITEM TOTAL ZERO UNDER UNDER UNDER UNDER UNDER<br />
UNDER UNDER UNDER 250,000<br />
ASSETS 50 100 250 500 1.000 E cialli0 25.000<br />
100.000 250.000 OR MORE<br />
C<br />
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NUMBER OF RETURNS WITH AND WITHOUT NET INCOME<br />
1 TOTAL 2425 79* 704 171* 592 246 310<br />
2 WITH NET INCOME 1694 41* 245* 128* 474 230 293<br />
3 WITHOUT NET INCOME 731 38* 459 43* 118 ■ 16* 17*<br />
4 FORM 1120-S 228* 38* 151* . 38* ■ -<br />
5 TOTAL ASSETS 3621159 13879 15773* 87361 85217 225391<br />
6 CASH 198917 - 1831 ' 896* 9579 8164 25085<br />
7 NOTES AND ACCOUNTS RECEIVABLE 827607 2682 4807* 26351 20082 62501<br />
8 LESS, ALLOWANCE FOR BAD DEBTS 17793 16* . 6S* 115* 463*<br />
9 INVENTORIES 1085797 3557 2786* 14582 21444 69572<br />
INVES1M1NTS IN GOVT. OEILIG1<br />
10 UNITED STATES 51183 ■ ■ - 290* 403* 10000*<br />
11 STATE AND LOCAL 7796 - • - 98* -<br />
12 OTHER CURRENT ASSETS 51572 81* 467 2270 968* 2592<br />
13 LOANS TO STOCKHOLDERS 3711 520* - 1180 197* 771.<br />
14 MORTGAGE AND REAL ESTATE LOANS. 1018* - - 30 *<br />
15 OTHER INVESTMENTS ' 295195 241* 3030 1540* 6513*<br />
16 DEPRECIABLE ASSETS 1895955 - 9616 12288* 44690 43181 77599<br />
17 LESS, ACCUM DEPRECIATION 901431 - 5179 6223* 21240 17575 40517<br />
18 DEPLETABLE ASSETS 629 - 5 - (5)* - -<br />
19 LESS1 ACCUM DEPLETION 12 - - * (5)* *<br />
20 LAND 53560 ■ 84* 4 66* 1524* 6165<br />
*<br />
7453*<br />
21 INTANGIBLE ASSETS (AMORTIZABLE) 19565 366* 42 3638* ■ 1439*<br />
22 LESS! ACCUM AMORTISATION 6225 - 52* (5) 563* * 56*<br />
23 OTHER ASSETS 54115 - 143 244* 2065 265 3902<br />
.<br />
24 TOTAL LIABILITIES 3621159 13879 15773* 87361 85217 225391<br />
25 ACCOUNTS PAYABLE 409350 1786 2882* 12391 12980 39874<br />
10631<br />
35277<br />
26<br />
27<br />
MORT.. NOTES, BONDS UNDER 1 YR.<br />
OTHER CURRENT LIABILITIES<br />
178951<br />
302306<br />
-<br />
-<br />
844*<br />
752<br />
1354*<br />
514*<br />
8746<br />
7932<br />
4805<br />
6377<br />
28 LOANS FROM STOCKHOLDERS 25936 - 2670* 85* 2704 7115*<br />
29 MORT.. NOTES. BONDS OVER 1 YR 447357 * 3178* 2412* 12099 10640*<br />
1179*<br />
16152<br />
30 OTHER LIABILITIES . 153566 - 299* 212* 2847 690* 15001<br />
31 CAPITAL STOCK 400612 - 4922 4016* 14685 7493 20477<br />
32 PAID*IN OR CAPITAL SURPLUS 336405 - 41* - 5406 3246* 9593<br />
33 RETAINED EARNINGS. APPROP 15195 - - - 80* - 1634*<br />
34 RETAINED EARNINGS. ONAPPROP 1372428 - -29 4301* 21374 35117 76617<br />
35 LESS, COST OF TREASURY STOCK 20947 - 584 3 903* 3246* 1049*<br />
36 TOTAL RECEIPTS 5842985 749324* 36262 32199* 173219 187515 408601<br />
37 BUSINESS RECEIPTS 5719447 722469* 35950 32112* 171092 186038 402765<br />
INTEREST ON GOVT. OBLIGATIONS,<br />
38 UNITED STATES 2349 - • 151* 16* 82*<br />
39 STATE AND LOCAL 449 - - - 151* 82*<br />
40 OTHER INTEREST 10062 778* 16* 151* 186 178* 480<br />
41 RENTS 6392 818 - 357* 33* 32*<br />
42 ROYALTIES 15335 1596 ■ 2 (5)* 77*<br />
43 NET S*7 CAP GAIN LESS 1...7 LOSS. 80 * . * .<br />
44 NET L-T CAP GAIN LESS S-T LOSS. 10985 168 (5) 798* 114* 133*<br />
4S NET GAIN, NONCAPITAL ASSETS 22219 20341* 85* 209* - 152*<br />
46 DIVIDENDS. DOMESTIC CORPS 1349 5 - (5)* 32* 33*<br />
47 DIVIDENDS. FOREIGN CORPS 6981 971 - - -<br />
48 OTHER RECEIPTS 47287 2178* 211* 87* 575 1104 4765<br />
49 TOTAL DEDUCTIONS 5327314 695938* 33813 30738* 164424 178401 378484<br />
50 COST OF SALES AND OPERATIONS 3773003 510256* 20556 19990* 107704 132956 266958<br />
51 COMPENSATION OF OFFICERS 125302 5805* 5446 3301* 15472 11394 23687<br />
52 REPAIRS 71539 10508* 131 297* 527 639* 1456<br />
53 BAD DEBTS 7215 460 202* 151* 377 377* 411<br />
54 RENT PAID ON BUSINESS PROPERTY 54185 3299* 778 298* 3226 1034* 2261<br />
55 TAXES PAID 138866 20623* 842 1104* 3878 4656 7403<br />
56 INTEREST PAID 47439 9204* 326 212* 1357 1147 1919<br />
57 CONTRIBUTIONS OR GIFTS 4917 322* 3* (5) 64 32* 234<br />
58 AMORTIZATION 2685 1915* 4* (5) 68 - 16*<br />
59 DEPRECIATION 149980 15796* 1086 1187* 3909 2721 6877<br />
60 DEPLETION 288 16 * (5)* .<br />
61 ADVERTISING 54463 6315* 146 422* 2013 703 4750<br />
62 PENSION, PROF SH.IANNUiTY PLANS 61943 8469 * 423 503* 655* 3273<br />
63 OTHER EMPLOYEE BENEFIT PLANS s5963 10985* 317* 127* 525 885* 1351*<br />
64 NET LOSS, NONCAPITAL ASSETS 482 - - 1 16* - 49*<br />
63 OTHER DEDUCTIONS 799044 91965* 3976 3376* 24785 21202 57839<br />
66 TOTAL RECEIPTS LESS DEDUCTIONS 515671 '53386* 2449 1461 8795 9114 30117<br />
67 CONSTR TAX INC FM REL FOR CORFU) 4423 642 - * * *<br />
68 NET INCOME (LESS DEFICIT)12) 519643 54028* 2449 1461 8795 9114 30035<br />
69 NET INCOME 534053 54028* 3385* 2275* 9554 10032 30862<br />
70 DEFICIT 14408 - 936 814* 759* 918* 827*<br />
RETURNS OTHER THAN FORM 1120*SI<br />
71 NET INCOME (LESS DEFICIT) 515798 54028* 285 1461 7146 9114 30035<br />
72 STATUTORY SPECIAL DEDS., TOTAL, 34117 7701* - 1033* 540* 242*<br />
73 NET OPERATING LOSS CARRYFRD 32928 7685* - 1033 508* 209<br />
74 DIVIDENDS RECEIVED DEDUCTION. 1153 4 ■ 151* 32* 33*<br />
75 DED FOR DIV PD. PUB UTIL STK. - - - - - ■<br />
76 WESTERN HEMISPHERE TRADE DED. 36 12 - - - - -<br />
‘ 77 INCOME SUBJECT TO TAX 495906 46326* 1016* 2275* 6889 9508 30620<br />
78 INCOME TAX (BEF CREDITS). TOT(3), 230017 22023* 211* 602* 1728 3378 13206<br />
79 SURCHARGE 905 . (5)* (51* (5) 33* 180*<br />
BO TAX RECOMP PRIOR YEAR INV. CR 242 10 ' - - 16* 15)* (5)*<br />
81 FOREIGN TAX CREDIT 10520 878 . * . * * *<br />
82 INVESTMENT CREDIT 12224 415 126* 127* 212 213 573<br />
'83 NET INCOMEILESS DEF) AFTER TAX(4) 301852 32420* 2364 986 7279 5949 17402<br />
84 NET INCOME AFTER TAX 316260 32420* 3300* 1800* 8038 6867 18229<br />
85 ESTIMATED TAX PAYMENTS 121274 7714 - - 66* 1395*<br />
86 FORM 1120-S NET INCOME (LESS DEF) 3847* * 2164* - 1649* -<br />
DISTRIBUTIONS TO STOCKHOLDERS,<br />
87 CASH di PROP EXCEPT OWN STOCK 81894 5407 1814* 7 19* 294* 2033*<br />
88 CORPORATIONS OWN STOCK 18467 - 70 -<br />
SELECTED INVESTMENT ITEMS,<br />
89 COST OF PROP. USED FOR INV. CR . 183227 5227 1821* 1439* 5389 3491 9983<br />
90 INVESTMENT QUALIFIED FOR CREDIT 154673 4789 1693* 1397* 3427 3344 9125<br />
91 TENTATIVE INVESTMENT CREDIT 10819 335 127* 127* 196 245 641<br />
92 INVESTMENT CREDIT CARKYFORWARO. 7455 80* 42* . 82* 49* 148*<br />
93 UNUSED INVESTMENT CREDIT 6084 • 43* ■ 82* 98* 216*<br />
FOOTNOTES AT BEGINNING AND END OF FILM<br />
0 U. S. TREASURY DEPARTMENT - INTERNAL REVENUE SERVICE<br />
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