1 - Internal Revenue Service
1 - Internal Revenue Service
1 - Internal Revenue Service
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
1<br />
LP..1 ON 4<br />
L OVERLAP R LP-798 398-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. TAX, AND INVESTMENT CREDIT ITEMS. BY INDUSTRY GROUP AND BY SIZE OF TOTAL ASSETS<br />
RETURNS WITH AND WITHOUT NET INCOME<br />
OVER ZERO 50<br />
ITEM<br />
100 250<br />
TOTAL ZERO UNDER UNDER UNDER UNDER<br />
ASSETS 50 100 250 500<br />
. NUMBER OF RETURNS WITH-AND WITHOUT NET INCOME<br />
1 TOTAL<br />
•<br />
49* 1<br />
2 WITH NET INCOME<br />
81<br />
.<br />
■<br />
3 WITHOUT NET INCOME<br />
49*<br />
1<br />
17*<br />
..<br />
4 FORM 1120-S<br />
..<br />
1 - -<br />
5 TOTAL ASSETS 2271610 .. 8952* 412<br />
0 6 CASH 100757 ■ 984* 181<br />
7 NOTES AND ACCOUNTS RECEIVABLE•• 424745 .. 1853*<br />
B LESS' ALLOWANCE FOR BAD DEBTS<br />
77<br />
4031 -<br />
4<br />
9 INVENTORIES 406525 - 1082* 61<br />
INVESTMENTS IN GOVT. OBLIG1<br />
10 UNITED STATES<br />
21025<br />
-<br />
11 STATE AND LOCAL<br />
4299<br />
.<br />
• -<br />
475*<br />
12 OTHER CURRENT ASSETS<br />
45800 16*<br />
13 LOANS TO STOCKHOLDERS<br />
3 . -<br />
-<br />
14 MORTGAGE AND REAL ESTATE LOANS. ■<br />
.<br />
.<br />
■<br />
15 OTHER INVESTMENTS 183720 1721*<br />
16 DEPRECIABLE ASSETS<br />
35<br />
1625385 - - 4262*<br />
17<br />
31<br />
O.<br />
LESS, ACCUM DEPRECIATION 611305 2033*<br />
18 DEPLETABLE ASSETS<br />
8<br />
904.<br />
. . . . ■<br />
19 LESS, ACCUM DEPLETION -<br />
■ ■<br />
20 LAND 25692 ■ 557* ■<br />
21 INTANGIBLE ASSETS (AMORTIZABLE) 12526* - . .<br />
■<br />
22 LESS' ACCUM AMORTIZATION<br />
3<br />
3094<br />
23<br />
-<br />
OTHER ASSETS<br />
(5)<br />
. 38657 . 35* 32<br />
24 TOTAL LIABILITIES 2271610<br />
8952*<br />
25 ACCOUNTS PAYABLE<br />
412<br />
156594<br />
■ 705*<br />
26<br />
75<br />
MORT.• NOTES. BONDS UNDER 1 YR. 102775<br />
27 OTHER CURRENT LIABILITIES<br />
. 23<br />
159167 344* 25<br />
29 28 LOANS FROM STOCKHOLDERS 3178* ... -<br />
MORT., NOTES, BONDS OVER 1 YR.• 635643 - 17<br />
30<br />
.<br />
OTHER LIABILITIES.<br />
84<br />
' 128979 -<br />
31 CAPITAL STOCK<br />
230* 94<br />
266662 -<br />
32<br />
2721*<br />
PAID-IN OR CAPITAL SURPLUS<br />
2<br />
1711692 - -<br />
33 RETAINED EARNINGS, APPROP 1379 - -<br />
34 RETAINED EARNINGS, UNAPPROP.•.• 636053<br />
35<br />
4952*<br />
LESS'<br />
92<br />
COST OF TREASURY STOCK 17112 - -<br />
36 TOTAL RECEIPTS<br />
2528419 10049*<br />
37 BUSINESS RECEIPTS<br />
2051<br />
2467520 .<br />
INTEREST ON GOVT. OBLIGATIONS,<br />
9722* 2034<br />
38 UNITED STATES<br />
•<br />
755 16* ■<br />
39 STATE AND LOCAL 314<br />
40 OTHER INTEREST<br />
-<br />
.<br />
18170<br />
41 RENTS<br />
49* 1<br />
13877<br />
■<br />
• ■<br />
42 ROYALTIES 6651 ■<br />
16* ■<br />
43 NET S..7 CAP GAIN LESS L-T LOSS. .. . ■<br />
44 NET L..T CAP GAIN LESS S-T LOSS. 3537 ..<br />
• 45 ..<br />
NET GAIN. NONCAPITAL ASSETS...•<br />
.. ■<br />
1674<br />
. ... .<br />
• ,<br />
46 DIVIDENDS. DOMESTIC CORPS 3179<br />
■<br />
-47 DIVIDENDS. FOREIGN CORPS<br />
•<br />
1854 . .<br />
48 OTHER RECEIPTS .<br />
10888 246* 16<br />
49 TOTAL DEDUCTIONS 2392635 ■<br />
• SO COST OF SALES AND OPERATIONS<br />
9115* 1884<br />
1860425 ..<br />
.<br />
51 COMPENSATION OF OFFICERS<br />
706e*<br />
11408<br />
1705<br />
.6 .<br />
52 REPAIRS<br />
459* 30<br />
40367 ..<br />
• 53 BAD DEBTS .<br />
1822<br />
-<br />
54 RENT PAID ON BUSINESS PROPERTY 8<br />
15190 ■<br />
55 TAXES PAID 115* 1<br />
46592 .<br />
56 INTEREST PAID<br />
164* 19<br />
42014<br />
57<br />
-<br />
CONTRIBUTIONS OR GIFTS<br />
(5)* 7<br />
1117 ■<br />
58 AMORTIZATION<br />
(5)* .<br />
235<br />
59 DEPRECIATION<br />
15)<br />
113077<br />
■<br />
60 DEPLETION<br />
262* 3<br />
506<br />
61<br />
-<br />
ADVERTISING .<br />
10114<br />
62 PENSION, PROF SH.IANNUITY PLANS 16*<br />
16638<br />
10<br />
63 OTHER EMPLOYEE BENEFIT PLANS<br />
66* -<br />
12542<br />
64 NET LOSS. NONCAPITAL ASSETS<br />
(5)* .<br />
•<br />
5094<br />
■<br />
65 OTHER DEDUCTIONS 215494<br />
.<br />
967* 101<br />
66 TOTAL RECEIPTS LESS DEDUCTIONS•.• 135784<br />
67 CONSTR TAX INC FM REL FOR CORP(1)<br />
934*<br />
1522<br />
167<br />
68 NET INCOME (LESS DEFICIT)(2) -<br />
136992<br />
69 NET INCOME 934*<br />
141213<br />
167<br />
70 DEFICIT<br />
934* 167<br />
4221<br />
■<br />
RETURNS OTHER THAN FORM 1120.51<br />
.<br />
71 NET INCOME (LESS DEFICIT)<br />
136811<br />
72<br />
-<br />
STATUTORY SPECIAL DEDS•, TOTAL<br />
934* 167<br />
3854<br />
73 NET OPERATING LOSS CARRYFRD•<br />
.<br />
■<br />
411<br />
■<br />
■<br />
74 . DIVIDENDS RECEIVED DEDUCTION. 2703<br />
• 75<br />
- .- .<br />
■<br />
■<br />
DED FOR DIV POI PUB UTIL STK.<br />
.<br />
■<br />
76<br />
.<br />
■<br />
WESTERN HEMISPHERE TRADE DED 740 ■ ■<br />
77 INCOME SUBJECT TO TAX 137302 .<br />
.<br />
. .<br />
78 INCOME TAX (BEF CREDITS). TOT(3)•<br />
934* 167<br />
65555 -<br />
79 SURCHARGE<br />
.<br />
. 279* 73<br />
423<br />
.<br />
-<br />
80 TAX RECOMP PRIOR YEAR INV. CR<br />
(5)* .<br />
388 - .0<br />
81 FOREIGN TAX CREDIT<br />
.<br />
■<br />
3469<br />
82 INVESTMENT CREDIT<br />
6.<br />
..<br />
-.6 5299<br />
.<br />
..<br />
.<br />
83 NET INCOME1LESS DEF) AFTER TAX(4) 33*<br />
76736 - .<br />
1<br />
84 NET INCOME AFTER TAX 688* 95<br />
81178 -<br />
.<br />
•<br />
85 ESTIMATED TAX PAYMENTS 688*<br />
46144'<br />
95<br />
-<br />
■<br />
66 FORM 1120.68 NET INCOME (LESS DEF)<br />
181 . .<br />
DISTRIBUTIONS TO STOCKHOLDERS,<br />
. .<br />
87 CASH A PROP EXCEPT OWN STOCK•.• 60580<br />
88<br />
-<br />
CORPORATION'S OWN STOCK<br />
.<br />
6596<br />
.<br />
66*<br />
.<br />
.<br />
SELECTED INVESTMENT ITEMS,<br />
-<br />
...<br />
-<br />
89 COST OF PROP. USED FOR INV. CR . 131847 ■ .<br />
0<br />
90 INVESTMENT QUALIFIED FOR CREDIT<br />
393* 16<br />
121137<br />
•<br />
. .<br />
91 TENTATIVE INVESTMENT CREDIT 8483 -<br />
.<br />
377* 16<br />
.<br />
33*<br />
92 INVESTMENT CREDIT CARkYFORWARD. 1<br />
45 .<br />
93 UNUSED INVESTMENT CREDIT<br />
.<br />
3229 -<br />
..<br />
.1111 - - .<br />
FOOTNOTES AT BEGINNING AND END OF FILM<br />
•<br />
U. S• TREASURY DEPARTMENT ■ INTERNAL 'REVENUE SERVICE<br />
(SIZE OF TOTAL ASSETS AND MONEY FIGURES IN THOUSANDS OF DOLLARS)<br />
500<br />
UNDER<br />
1,000<br />
16*<br />
6'<br />
16*<br />
■<br />
14476*<br />
918*<br />
1689*<br />
..<br />
2410*<br />
.<br />
. 16*<br />
-<br />
■<br />
1459*<br />
3394*<br />
2885*<br />
.<br />
■<br />
■<br />
7426*<br />
(5)*<br />
49*<br />
14476*<br />
5000*<br />
4902*<br />
1377*<br />
-<br />
4853*<br />
.<br />
377*<br />
-<br />
.2033*<br />
-<br />
14606*<br />
14263*<br />
■<br />
(5)*<br />
1. 64*<br />
179*<br />
15311 ■<br />
10033*<br />
..<br />
295*<br />
-<br />
295*<br />
311*<br />
197*<br />
.<br />
-<br />
1492*<br />
.<br />
16*<br />
■<br />
.<br />
.<br />
2672*<br />
.705*<br />
.705*<br />
.<br />
705*<br />
-705*<br />
■<br />
.0<br />
■<br />
■ -<br />
-705*<br />
.<br />
.<br />
-<br />
-<br />
.<br />
•<br />
-<br />
SIZE OF TOTAL ASSETS<br />
1'000 5.000<br />
UNDER UNDER<br />
5.000 10.000<br />
17*<br />
17*<br />
.<br />
1<br />
30440*<br />
2310*<br />
5833*<br />
5*<br />
11294*<br />
2166*<br />
218*<br />
350*<br />
3<br />
..<br />
478*<br />
12549*<br />
5727*<br />
.<br />
...<br />
296*<br />
37*<br />
16*<br />
654*<br />
30440*<br />
4779*<br />
1145*<br />
1155*<br />
1303*<br />
1230*<br />
1089*<br />
6456*<br />
660*<br />
-<br />
12623*<br />
■<br />
68802*<br />
67519*<br />
35*<br />
8*<br />
3*<br />
861*<br />
..<br />
5*<br />
3*<br />
Si<br />
■<br />
360*<br />
61361*<br />
48882*<br />
2008*<br />
778*<br />
8*<br />
412*<br />
792*<br />
358*<br />
14*<br />
151*<br />
1617*<br />
106*<br />
535*<br />
131*<br />
(5)*<br />
5720*<br />
7441*<br />
7433*<br />
7433*<br />
..<br />
7252*<br />
6#<br />
..<br />
8*<br />
.<br />
7243* .<br />
3378*<br />
(5)*<br />
(5)*<br />
5*<br />
48*<br />
4103*<br />
4103*<br />
1943*<br />
181<br />
312*<br />
255*<br />
1026*<br />
699*<br />
48*<br />
■<br />
■<br />
...<br />
■<br />
...<br />
■<br />
.<br />
.<br />
.<br />
.<br />
■<br />
■<br />
.<br />
.<br />
■<br />
.<br />
.<br />
.<br />
-<br />
.<br />
.<br />
.<br />
.<br />
.-<br />
0,<br />
.<br />
.<br />
.<br />
.<br />
.<br />
-<br />
-<br />
10.000<br />
UNDER<br />
25,000<br />
6<br />
6<br />
-<br />
6.<br />
105970<br />
10546<br />
24184<br />
558<br />
26427<br />
2576<br />
107<br />
3985<br />
-<br />
■<br />
8739<br />
42457<br />
15860<br />
■<br />
.<br />
2007<br />
976<br />
504<br />
888<br />
105970<br />
9993<br />
6971<br />
6788<br />
1633<br />
1628<br />
593<br />
13916<br />
4963<br />
14<br />
59490<br />
19<br />
183875<br />
180943<br />
153<br />
3<br />
1013<br />
29<br />
465<br />
25<br />
651<br />
272<br />
100<br />
221<br />
143865<br />
138647<br />
1454<br />
1787<br />
96<br />
379<br />
2790<br />
597<br />
107<br />
-<br />
2 924<br />
.<br />
668<br />
1659<br />
1220<br />
2<br />
11535<br />
20010<br />
157<br />
20164<br />
20164<br />
-<br />
20164<br />
232<br />
-<br />
232<br />
-<br />
■<br />
19933<br />
9529<br />
.<br />
1<br />
201<br />
342<br />
10977<br />
10977<br />
7205<br />
.<br />
3250<br />
3502<br />
5378<br />
4897<br />
342<br />
..<br />
■<br />
25.000<br />
UNDER<br />
50.000<br />
4<br />
3<br />
.1<br />
138610<br />
3101<br />
30801<br />
137<br />
38415<br />
1400<br />
.<br />
538<br />
■<br />
■<br />
18366<br />
84869<br />
42092<br />
■<br />
.<br />
1959<br />
2617<br />
2168<br />
941<br />
138610<br />
10485<br />
9827<br />
7404<br />
-<br />
22500<br />
5111<br />
20390<br />
6843<br />
-<br />
58868<br />
2818<br />
141611<br />
136373<br />
67<br />
.<br />
401<br />
3531<br />
614<br />
..<br />
159<br />
32<br />
1<br />
-<br />
433<br />
137597<br />
106134<br />
896<br />
2311<br />
272<br />
461<br />
3411<br />
1534<br />
33<br />
-<br />
4903<br />
.<br />
808<br />
1507<br />
1077<br />
5092<br />
9158<br />
4014<br />
4014<br />
7530<br />
3516<br />
4014<br />
(5)<br />
(5)<br />
.<br />
7530<br />
3794<br />
.<br />
231<br />
26<br />
506<br />
726<br />
4463<br />
2221<br />
■<br />
3236<br />
7875<br />
7493<br />
524<br />
...<br />
18<br />
50.000<br />
UNDER<br />
100.000<br />
6.<br />
-<br />
"<br />
-<br />
-<br />
-<br />
.<br />
■<br />
.<br />
.<br />
-<br />
.<br />
-<br />
-<br />
.<br />
-<br />
.<br />
1<br />
-<br />
-<br />
■<br />
■<br />
.<br />
100.000<br />
UNDER<br />
250.000<br />
1<br />
1<br />
248569<br />
8396<br />
29668<br />
638<br />
64639<br />
71<br />
.<br />
7247<br />
-<br />
.<br />
21403<br />
130243<br />
31127<br />
904<br />
.<br />
2583<br />
.<br />
.<br />
15180<br />
248569<br />
34862<br />
30172<br />
. 6180<br />
99124<br />
3635<br />
25058<br />
23859<br />
25679<br />
-<br />
293562<br />
289565<br />
1<br />
.<br />
1961<br />
88<br />
87<br />
700<br />
178<br />
153<br />
829<br />
292857<br />
234315<br />
1137<br />
3207<br />
610<br />
3808<br />
4437<br />
7819<br />
32<br />
12930<br />
489<br />
2735<br />
873<br />
1592<br />
-<br />
18873<br />
705<br />
-<br />
705<br />
705<br />
-<br />
705<br />
130<br />
.<br />
130<br />
-<br />
-<br />
700<br />
189<br />
14<br />
25<br />
-<br />
516<br />
516<br />
826<br />
.<br />
2590<br />
2839<br />
48307<br />
45875<br />
3211<br />
6.<br />
3211<br />
210<br />
MINOR INDUSTRY 3791<br />
MFG.: TRANSPORTATION EQUIPMAT, EXCEPT MOTOR VEHICLES;<br />
Railroad •quIpment, (nclueing street cars<br />
250.000<br />
OR MORE<br />
4<br />
4<br />
1724181<br />
74321<br />
330640<br />
2693<br />
262197<br />
. 14812<br />
3499<br />
33648<br />
-<br />
.<br />
131519<br />
1347580<br />
511573<br />
■<br />
.<br />
18290<br />
1469<br />
406<br />
20878<br />
1724181<br />
90695<br />
49335<br />
135894<br />
225<br />
506224<br />
118227<br />
217742<br />
142367<br />
1365<br />
476382<br />
14275<br />
1813863<br />
1767101<br />
483<br />
303<br />
14742<br />
9368<br />
5305<br />
. .<br />
2649<br />
810<br />
2745<br />
1754<br />
8604<br />
1710645<br />
1313643<br />
5424<br />
31989<br />
828<br />
9719<br />
34668<br />
31502<br />
931<br />
235<br />
88946<br />
17<br />
5755<br />
11998<br />
8522<br />
166468<br />
103218<br />
1365<br />
104280<br />
104280<br />
104280<br />
3484<br />
411<br />
2333<br />
-<br />
740<br />
100795<br />
48313<br />
423<br />
142<br />
3212<br />
4369<br />
60336<br />
60336<br />
33949<br />
.<br />
51126<br />
-<br />
88882<br />
61780<br />
4324<br />
45<br />
-<br />
4<br />
a<br />
0<br />
0<br />
0<br />
♦a<br />
♦<br />
0<br />
0<br />
0<br />
0<br />
0<br />
3<br />
V<br />
♦<br />
40<br />
•<br />
•<br />
5<br />
4<br />
0<br />
0<br />
s<br />
•<br />
4<br />
♦<br />
11<br />
0<br />
•<br />
4<br />
•<br />
it<br />
4<br />
•<br />
0<br />
•<br />
•<br />
9<br />
If<br />
(