1 - Internal Revenue Service

LP-1 ON N L OVERLAP R LP-395 395-RP RP-1 ON 62
1967 CORPORATION
3
.1:. SOURCE BOOK 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
207
MINOR INDUSTRY 3721 1
HMI TRANSPORTATION EQUIPMENT, EXCEPT MOTOR VEHICLES.
(SIZE OF TOTAL ASSETS AND MONEY FIGURES IN THOUSANDS OF DOLLARS( Aircraft, 4 ctoploto guldcd •issilas 6 specs vehicles C
SIZE OF TOTAL ASSETS
OVER ZERO 50 100 250 500 1.000 5.000 10.000
40 25.000 50.000 100.000
ITEM TOTAL ZERO UNDER UNDER UNDER UNDER UNDER UNDER UNDER UNDER UNDER UNDER UNDER 250.000 C
ASSETS 50 100 250 500 1.000 5.000 10.000 25.000 50,000 100.000 250.000 OR MORE
NUMBER OF RETURNS WITH AND WITHOUT NET INCOME
1 TOTAL 149 1 43* - 18* 33* 16* 15* 3* 3 1 3 3 10
• 2 WITH NET INCOME 45 .. 2 16* - 9* 1 1 3 3 10 •
3 WITHOUT NET INCOME 104 1 4 3* 16* 17* 16* 6* 3* 2
4 FORM 1120-S ■ - - - - -
• •
5 TOTAL ASSETS 11690257 1065* - 2283* 14000* 9213* 26800* 24825* 57476 42217 182503 473403 10856472
• 6 CASH 346454 127* 6 164* 1459* 628* 1042* 2648 634 7779 20677 311290
7 NOTES AND ACCOUNTS RECEIVABLE 1708278 151* 123 3295* 151* 4995* 7231* 8950 23938 37642 96015 1526089 •
8 LESS. ALLOWANCE FOR BAD DEBTS 27960 ■ .. 0. 344* ■ 472 - 204 40 26900
• 9 INVENTORIES 5204836 - 296* - 215 2361* ■ 8617* 16270* 24300 12179 85072 240069 4814557
INVESTMENTS IN GOVT. 081.161
10 UNITED STATES 74 - 15)* 0, . - - . — — — 74
11 . STATE AND LOCAL .. . ... ■ . .. - ■ — ■ — .
• 12 OTHER CURRENT ASSETS 533831 . 85* - , 6 151* ■ 3624* 231* 4052 153 840 1793 523047 4
13 LOANS TO STOCKHOLDERS 30 ■ ■ .. - .. .. - - .. 30
14 MORTGAGE AND REAL ESTATE LOANS 183873 ■ . . . . - - ■ - ■ - . 183873
15 OTHER INVESTMENTS 861285 ■ - - 1869 ■ 295* .. 2987* ■ 11807 412 26661 • 20753 796501 •
16 DEPRECIABLE ASSETS 4389060 ■ 515* ■ 66 754* 1246* 5892* 30* 9759 7112 62193 141035 4160458
17 LESS1 ACCUM DEPRECIATION 2034945 ■ 151* . 31 229* - 3122* 3* 4512 4341 40349 58160 1924198
18 DEPLETABLE ASSETS 15015 . . .. .. - ■ .. .. . - 15015 0
19 LESS, ACCUM DEPLETION 7973 ■ .. ■ ■ -
■ . ■ -
■ ■ 7973
• 20 LAND 170786 . . ■ .. 738* (51* - 392 423 1969 2273 164991
21 INTANGIBLE ASSETS (AMORTIZABLE) 12979 . 151* 13 8558* 0. 3716* 27* 28 ■ — — 637 0
22 LESS. ACCUM AMORTIZATION 1762 - 15)* - 11 1213* ■ 430* 3* 16 — — . 89
• 23 OTHER ASSETS 336396 ■ 42* - 27* 15* 5770* 237* - 540 1707 - 8988 319070
e
24 TOTAL LIABILITIES 11690257 ■ 1065* . 2283* 14000* 9213* 26800* 24825* 57476 42217 182503 473403 10856472
• 25 ACCOUNTS PAYABLE 3527087 .. 381* 1749* 557* 98* 5828* 712* 9332 5441 20822 61024 3421143
26 MORT.; NOTES. BONDS UNDER 1 YR 904599 ■ 212* 266* 180* . 7504* 15859* 1 438 12616 12940 38126 801458
27 OTHER CURRENT LIABILITIES 1411725 ■ 42 82* 66*
4524 3068 15742 94186 /290939
28 LOANS FROM STOCKHOLDERS 13473* ■ -
129* — 344* - 6530* 6470* — . - - .
• 29 MORT.. NOTES. BONDS OVER 1 YR 1572821
1 31 3230* (51* 1957* — 16817 8557 11320 101287 1429621 e
30 OTHER LIABILITIES 776110 .. 47* 34 8263* .. 128* — 8465 ■ 160 1692 757321
• 31 CAPITAL STOCK 661828 ■ 298* 129 5967* 9049* 7232* 2418* 4374 597 5439 12976 613349
32 PAID■ IN OR CAPITAL SURPLUS 832827 ■ e 328* - —307* - 18451 6410 41144 31716 735077 •
33 RETAINED EARNINGS. APPROP 2889 — ■ — - - 62* . — 747 — 2080
• 34 RETAINED EARNINGS. UNAPPROP 2053236 —3 24* —4951* .. -5008* -836* -19925 4781 74936 130316 1873902
35 LESS' COST OF TREASURY STOCK 66338 — . — — — (5) — — 66338
• 36 TOTAL RECEIPTS 16212610 438430 2206* 967 4261* 32715* 4401* 67190 60887 409231 1077127 14115195
37 BUSINESS RECEIPTS 16032848 424642 2163* 962 3869, 31703* 4031* 66633 60828 372386 1070843 13994788 •
INTEREST ON GOVT. OBLIGATIONS(
38 UNITED STATES 480 66 .. . — . . — - . . 414
39 STATE AND LOCAL 369 - . — - ■ — — 24 — 345 9
40 OTHER INTEREST 48373 2544 . 49* . 8* 137* 183 6 338 835 44273
• 41 RENTS 18215 6739 . — ... 67* 215* 4 237 110 10843
42 ROYALTIES 8227 782 - - 0. - ■ ■ 41 ■ 10 3289 4105 •
43 NET S-T CAP GAIN LESS 1...7 LOSS 599* 0. ■ 213* - 298* - 56 .. . . 32
44 NET L.7 CAP GAIN LESS S ■T LOSS 32617 17 ■ . 49* . 83* ■ 41 . s 329 32093
• 45 NET GAIN, NONCAPITAL ASSETS 5486 2014 - . 33* . . ■ 10 1 3 501 2924 •
46 DIVIDENDS. DOMESTIC CORPS 2752 .0 ■ ■ ■ ■ 3 . 13 - 593 9 2134
47 DIVIDENDS, FOREIGN CORPS 1349 ■ . . ■ . . . .. ■ 1 17 1331
• 48 OTHER RECEIPTS 61295 1626 43* s 48* ■ 553* 18* 209 52 35634 1194 21913 0
49 TOTAL DEDUCTIONS 15733657 519091 2210* - 912 3933* 33* 34567* 5140* 73027 58406 378285 1013451 13644602
• 50 COST OF SALES AND OPERATIONS 12488631 373194 1193* - 673 2278* - 24387* 4082* 58013 44019 304084 859907 10816801 •
51 COMPENSATION OF OFFICERS 25419 391 339* 52 — . 538* 46* 753 461 1638 1644 19557
52 REPAIRS 168852 .. 42* - 7 82* - 223* 16* 24 1267 5725 7191 154275
53 BAD DEBTS 3414 31 - 9 .. - 242* .. 282 2 89 2759 •
54 RENT PAID ON BUSINESS PROPERTY 153415 7464 115.1 - 10 180* 284* 5* 328 1155 2872 9070 131962
55 TAXES PAID 445932 35728 85* . 20 49* - 949* 11* 1216 1441 8363 19598 338472
56 INTEREST PAID 137952 8955 42* - 5 16* - 614* 425* 1873 1075 1190 6152 117605 •
57 CONTRIBUTIONS OR GIFTS 4792 . .. .. . 19* . 1 24 318 603 3827
58 AMORTIZATION 1309 ■ (51* . 3 246* . 733* 3* 152 111 - 39 22
59 DEPRECIATION . # 365144 8145 15)* - 29 115* 33* 499* 124* eoo 426 4838 13569 336566 4
60 DEPLETION 11721 - . .. ■ . ■ . . .. . . 11721
61 ADVERTISING' 29306 2857 (s) ,i, - 8 16* - 77* 159* 639 261 3511 2935 18843
62 PENSION. PROF S....ANNUITY PLANS 379855 18664 . ■ ■ . 161* ■ 305 312 4642 18067 337704 . •
63 OTHER EMPLOYEE BENEFIT PLANS 144722 10743 . . . 4 - - 202* - 159 586 1860 6958 124210
64 NET LOSS. NONCAPITAL ASSETS 97* ■ ■ . . . . 86* . . . . 11
65 OTHER DEDUCTIONS 1413096 . 52919 424* - 92 951* - 5557* 269* 8482 7268 39242 67629 1230267 0
66 TOTAL RECEIPTS LESS DEDUCTIONS 478953 .80661 .4 . 55 328* .33* •1852* .739* .5837 2481 30946 63676
67 CONSTR TAX INC FM REL FOR CORP(11
470593
. ..
■ - 0 ■ ■ ■ ■ ■ 8
68 NET INCOME (LESS DEFICIT)(2) vs:::
396 •
.$0661 .4 . 55 328* .33* •1852* .739* .5837 2481 30922 63684 470644
69 NET INCOME 570196 ■ .4
. 71 639* - 1028* ■
70 DEFICIT
727 2481 30922 63684 470644
91208 80661
- 16* 311* 33* 2880* 739* 6564 ■ ■ -
RETURNS OTHER THAN FORM 1120..S.
•
71 NET INCOME (LESS DEFICIT) 478988 .80661 .4 . 55 328* .33* •1852* .739* -5837
72 STATUTORY SPECIAL DEDS., TOTAL
2481 30922 63684 470644
69857 ■ . - 26 492* .. 3 -
73 NET OPERATING LOSS CARRYFRD
11 504 9 68812
67158
•
■ . . 26 492* . . . -
74 DIVIDENDS RECEIVED DEDUCTION
- - 66640
2342 • 4. . ■ . . 3 . 11
75 DED FOR DIV PD. PUB UTIL STK
- 504 9 1815
■ ■ . 0 . .
■ ■ ■
76 WESTERN HEMISPHERE TRADE DED 357
. •
- - . - - . .. .
- - - ■
77 INCOME SUBJECT TO TAX
357
500344 . . 45 148* . 1026* . 717 2481
78 INCOME TAX (BEF CREDITS), TOM)
30418 63675 401834
236141 - 15
79
33*
SURCHARGE
. 465* 340 1186 14617 30522
33* - - -
188963 0
. 8* 11 .. — ■
80 TAX RECOMP PRIOR YEAR INV. CR 2967 -
14
- - ■ . .
81 FOREIGN TAX CREDIT
35* 1
1582
151 36 45 2850
- . -
.. .. .
82 INVESTMENT CREDIT
20 121 1441 0
35702 . 1 33* - 10*
83 NET INCOME(LESS DEF1 AFTER TAX(4)
9 36 227 1035
278549
34351
.80661 .4 - 41* 328* .33* -2307* .739* .6168 1331
84 NET INCOME AFTER TAX
16532 34197 316032
369757 57 639* 573*
85
396 1331
ESTIMATED TAX PAYMENTS 0000000
16532 34197 316032 0
152269 ■ .. 0. 700 856 11072
86 FORM 1120-S NET INCOME (LESS DEF
19770 119871
— . . ■ .. ■ .
■ .'
e
DISTRIBUTIONS TO STOCKHOLDERS1
—
87 CASH II PROP EXCEPT OWN STOCK 158213
0
■ 40* .. — — 5288 6055
88 CORPORATION'S OWN STOCK
146830
71118 - . - - - — .
•
1301 257
SELECTED INVESTMENT ITEMS,
1422 70158
89 COST OF PROP. USED FOR INV. CR . 897745 31550 508* -
•
17 426* . 225* 24* 760 803 6543 22936 833953
90 INVESTMENT QUALIFIED FOR CREDIT 716723 26078 508* 17 328* - 138* 24* 504
• 91 TENTATIVE INVESTMENT CREDIT
508 3248 14787
50169
670583
1825 42* 1 16* ■ 10* 3* 35 36 227
92 INVESTMENT CREDIT CARRYFORWARD
1035 46939
9688 ..
0
15) 16* • .. .. 5
93 UNUSED INVESTMENT CREDIT
- -
24156
9667
1825 42* . - ■ . ■ 3* 31 ■ - — 22255
•
FOOTNOTES AT BEGINNING AND END OF FILM
•
U. S. TREASURY DEPARTMENT • INTERNAL REVENUE SERVICE C
E
•