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' 1 1.41.1 ON 4 L OVERLAP /I LP-404 404-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<br />

RETURNS WITH AND WITHOUT NET INCOME<br />

ITEM<br />

OF TOTAL ASSETS<br />

' 215<br />

MINOR INDUSTRY 3870 40<br />

MFG.: SCIENTIFIC INSTRUMENTS, PHOTO. EQUIPMENT, WATCHES<br />

(SIZE OF TOTAL ASSETS AND MONEY FIGURES IN THOUSANDS OF DOLLARS) AND CLOCKS: Watches and clock. f<br />

SIZE OF TOTAL ASSETS<br />

OVER ZERO 50 100 250 500 1,000 5,000 10,000 25.000 50,000 100.000<br />

TOTAL. ZERO UNDER UNDER UNDER UNDER UNDER UNDER UNDER UNDER UNDER UNDER UNDER 250.000 C<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 />

4 TOTAL 80 . - 2 33* 16* 16* 6<br />

4 2 WITH NET INCOME 59 . 2 16* 16* 13* 6<br />

3 WITHOUT NET INCOME 21* . - . 17* . 3*<br />

4 FORM 1120-S - . . . . - -<br />

-<br />

•<br />

S TOTAL ASSETS 488598<br />

6 CASH 17975<br />

7 NOTES AND ACCOUNTS RECEIVABLE 152155<br />

8 LESS. ALLOWANCE FOR BAD DEBTS 3340<br />

9 INVENTORIES 189301<br />

INVESTMENTS IN GOVT. °BUGS<br />

10 UNITED STATES 110<br />

11 STATE AND LOCAL<br />

12 OTHER CURRENT ASSETS 3932<br />

13 LOANS TO STOCKHOLDERS (5)<br />

14 MORTGAGE AND REAL ESTATE LOANS ■<br />

15 OTHER INVESTMENTS 36293<br />

16 DEPRECIABLE ASSETS 130401<br />

17 LESS) ACCUM DEPRECIATION 62312<br />

18 DEPLETABLE ASSETS<br />

19 LESS, ACCUM DEPLETION .<br />

20 LAND 3052<br />

21 INTANGIBLE ASSETS (AMORTIZABLE) 129*<br />

22 LESS: ACCUM AMORTIZATION 39<br />

23 OTHER ASSETS 20941<br />

2 1<br />

1 3 1<br />

0<br />

- - 263 9656* 10033* 25792* 49971 17524 53390 208097 113872 .<br />

- . 3 885* 164* 186* 2570 1430 1560 6189 4988<br />

- 96 1147* 5492* 10292* 16328 4251 17048 57529 39972 - $<br />

- . 5 . • 237* 231 . 1196 907 764 .<br />

. - 101 4147* 3771* 10594* 21389 7701 25381 69672 46545<br />

- - - - - ■ 70 40 ■ - ■<br />

. ■ ■ ■<br />

.<br />

■ - ■ . .<br />

4 230* 33* 137* 51 426 486 1894 671<br />

. (51 - ■ 0. -<br />

.<br />

- -<br />

■ . . ■ - - .<br />

13 . 262* 3496* 808 111 1933 26161 3509<br />

101 5640* 639* 2343* 10402 5527 8667 80004 17078<br />

51 2409* 377* 1697* 2162 2076 3812 41350 8378<br />

- . - - - -<br />

, -<br />

. ■ . . 5* .. 97 81 2042 827<br />

.. .. .. 32* 1 47 49<br />

. . - 3* ' (5) - 11 25<br />

1<br />

S<br />

16* 49* 644* 745 17 3206 6839 9424<br />

24 TOTAL LIABILITIES 488598 263 9656* 10033* 25792* 49971 17524 53390 208097 113872<br />

25 ACCOUNTS PAYABLE 59 5 92118 -<br />

5180* 1179* 9008* 3162 2266 4439 27716<br />

26 MORT.. NOTES. BONDS UNDER 1 YR<br />

6524<br />

68017<br />

10 2295* 4951* 3698* 3576 500 9344 15097 28546<br />

27 OTHER CURRENT LIABILITIES 28017<br />

0<br />

- 18 409* 164* 731* 4142 1938 3540 11619<br />

•<br />

5456<br />

28 LOANS FROM STOCKHOLDERS 1195* . (5) 131* 1038* 26 -<br />

29 MORT.. NOTES, BONDS OVER 1 YR<br />

-<br />

88722 28 - 525* 4624* 14367 . 8886 37598 22694<br />

30 OTHER LIABILITIES 11096<br />

0<br />

. 1 2* 146* 83 2728 2430 2307 3399<br />

31 CAPITAL STOCK 59241 35 1655* 3312* 6174* 14886 2000 • 5302 15237 10640<br />

O 32 PAID-IN OR CAPITAL SURPLUS 34376 ■ - - (5)* 516* ■ - 11033 19918<br />

33 RETAINED EANNINGS. APPROP<br />

2909<br />

7268 - . ■ ■ . . - 2356 4707 205<br />

34 RETAINED EARNINGS. UNAPPROP 135453 53 -16* .98* 123* 9729 8092 6150 77647<br />

O<br />

33773<br />

35 LESS. COST OF TREASURY STOCK 4379 - - - 266* - 90 3749 274<br />

36 TOTAL RECEIPTS 761865 • '0 - 726 2401e* 16132* 29047* 78068 27898 75735 381314 128927<br />

• 37 BUSINESS RECEIPTS 752334 ■ . . 725 23886* 16132* 28899* 77385 27770 75174<br />

INTEREST ON GOVT. OBLIGATIONS)<br />

375054 127329 8<br />

38 UNITED STATES 70 - . ■ ■ .. 2 -<br />

0 39 STATE AND LOCAL -<br />

67 1<br />

. ■ . -<br />

■<br />

40 OTHER INTEREST<br />

. .<br />

1352 1 (51* - 26*<br />

41<br />

46 7<br />

RENTS<br />

54 991 227<br />

209 .<br />

w . .<br />

4 42 ROYALTIES<br />

3* 27 (5) 18<br />

667<br />

161<br />

- ■ 11* -<br />

43 NET S-i CAP GAIN LESS L-T LOSS.<br />

44 3 609<br />

347 . B<br />

. . ■ - .<br />

44 NET L-T CAP GAIN LESS S-T LOSS,<br />

347 -<br />

-<br />

772 ■ . ■<br />

1<br />

.<br />

45 NET GAIN, NONCAPITAL ASSETS<br />

62 - 63 646 1<br />

152* . -<br />

■<br />

46<br />

. 35*<br />

DIVIDENDS. DOMESTIC CORPS<br />

5 (5) -<br />

56<br />

109<br />

•<br />

3<br />

(5) . . .<br />

0<br />

47 DIVIDENDS. FOREIGN CORPS<br />

1 (5) -<br />

57<br />

55 -<br />

- -<br />

5 48 OTHER RECEIPTS<br />

- 18 39<br />

5849 -<br />

(5) 132* 73* 562 75 '58 3583 1366 •<br />

49 TOTAL DEDUCTIONS 700548 . . 726<br />

A<br />

24559* 15804* 28782* 67388<br />

50 COST OF SALES AND OPERATIONS<br />

26671 75131 340533 120954<br />

533451 - 480<br />

51<br />

17312* 11673* 21708*<br />

COMPENSATION OF OFFICERS<br />

49036 22568 54089 265314<br />

6315<br />

91271<br />

-<br />

e<br />

66 525*<br />

52<br />

689*<br />

REPAIRS<br />

551* 1115 291 901 1828 349<br />

5196 - - 1 .. 16* 24*<br />

4 53 SAO OUTS<br />

16 669 245 4225<br />

1401 ■ . - 262*<br />

54<br />

148* 132*<br />

RENT PAID ON BUSINESS PROPERTY,<br />

68 178 424<br />

5361<br />

189 11<br />

- - - 19 394* 82*<br />

55<br />

218* 736<br />

TAXES PAID<br />

188 520 2880 324<br />

14636 .<br />

.<br />

- - 11 2279* 115*<br />

56<br />

335* 1438<br />

INTEREST PAID<br />

766 976 5482 3234 .<br />

11256 ■ - - 2 197*<br />

57<br />

639* 629*<br />

CONTRIBUTIONS OR GIFTS<br />

1367 178 1524 3718<br />

1153 - -<br />

3002<br />

- - - (51* 11* 365 1 - .<br />

58 AMORTIZATION 527 249<br />

43 . . (51* ■<br />

if 59 DEPRECIATION<br />

(5) 24 2 - 17<br />

9613<br />

.<br />

60 DEPLETION .<br />

■ . . - . 10 508* . 66* 153* 1125 437 450 5776 1088 41<br />

ADVERTISING 36758 . ■ . . .<br />

- - 15<br />

62<br />

672* 197* 808* 4167 271 2838 19303 3487<br />

61<br />

PENSION. PROF SH.IANNUITY PLANS 4291 - - 16 - •<br />

63<br />

13*<br />

OTHER EMPLOYEE BENEFIT PLANS<br />

602 308 166 ' 318G 8<br />

1110 . 4 ■ 16* 78*<br />

64 NET L033, NONCAPITAL ASSETS<br />

115 897 -.<br />

. . . . . -. . . . .<br />

-<br />

65 .OTHER DEDUCTIONS 09964 . . 102 2410* 2163* 4122* 7353 970 13127 26973 12744<br />

66 TOTAL RECEIPTS LESS DEDUCTIONS 61317 ■<br />

(<br />

. - ■ -541*<br />

67 CONSTR TAX INC FM REL FOR CORP(1)<br />

328* 265* 10680 1227 604 40781 7973<br />

■ - . . . . . . . . . .<br />

■<br />

68 NET INCOME (LESS DEFICIT)(2) .<br />

01317 . . (5) .541* 328*<br />

69 NET INCOME<br />

265* 10600 1227 604 40781<br />

62793<br />

7973<br />

'a<br />

(I<br />

(5) 49*<br />

70 DEFICIT<br />

328* 491* 10680 1227<br />

1476*<br />

1264 40781 7973 .<br />

■ . 590* - 226* ■<br />

RETURNS OTHER THAN FORM 1120.51<br />

- 660 - 1<br />

71 NET INCOME (LESS DEFICIT) 61317 - - - (5) -541*<br />

72<br />

328*<br />

STATUTORY SPECIAL DEDS.. TOTAL<br />

265* 10680 1227 604 40781<br />

1639 - . .<br />

7973<br />

15) ■ 328* . 1 (5) 1264 46 ■<br />

73 NET OPERATING LOSS CARRYFRD 1592* - . . 0<br />

■ 328* - -<br />

74<br />

-<br />

DIVIDENDS RECEIVED DEDUCTION<br />

1264<br />

47 - - - (5) ■ ■ ■<br />

75<br />

1<br />

DED FOR DIV PD. PUB UTIL STK<br />

(5) - 46<br />

.<br />

■<br />

• ■ ■<br />

76 WESTERN HEMISPHERE TRADE DED - .<br />

-<br />

■ . . . . ..<br />

•<br />

■ .<br />

77 INCOME SUBJECT TO TAX<br />

- -<br />

61154<br />

-<br />

. (51 49* ■ 491*<br />

78 INCOME TAX (BEE CREDITS), TOT(31<br />

10680 1227 - 40734<br />

29295<br />

7973<br />

(51 16* -<br />

79 SURCHARGE<br />

174* 5212 582 -<br />

247 . 19396 3915 •<br />

■ ■ 3* 139 - -<br />

80 TAX RECOMP PRIOR YEAR INV. CR<br />

10 95<br />

2 ■ - ■ . ■<br />

(0 81 FOREIGN TAX CREDIT<br />

. . 2<br />

559<br />

.<br />

. . . ..<br />

■ ■<br />

82 INVESTMENT CREDIT . 19 - 340<br />

311 -<br />

200 .<br />

. . 3*<br />

5<br />

83 NET INCOME(LESS DEF) AFTER TAX(4)<br />

32 32<br />

32333<br />

- 164 80<br />

- (5) .557* 328* 94* ' 5500<br />

84 NET INCOME AFTER TAX<br />

677 604 21549<br />

33809 -<br />

4138<br />

(5)<br />

85 ESTIMATED TAX PAYMENTS<br />

33* 328* 320*<br />

19775<br />

5500 677 1264 21549 4138 0<br />

■ - .. ■<br />

86 FORM 1120-S NET INCOME (LESS DEF)<br />

... 3456 677 - 13142 2500<br />

■ . . .<br />

■ . . -<br />

DISTRIBUTIONS TO STOCKHOLDERS) -<br />

87 CASH a PROP EXCEPT OWN STOCK 5213 ■ ■ .<br />

88 CORPORATION'S OWN STOCK<br />

3* 172 -<br />

946 - .<br />

182<br />

.<br />

3396 1460<br />

.<br />

SELECTED INVESTMENT ITEMS1<br />

- - 946<br />

89 COST OF PROP. USED FOR INV. CR . 7723 - . 1<br />

I<br />

90 INVESTMENT QUALIFIED FOR<br />

137* 820 691<br />

CREDIT<br />

1114<br />

5426 -<br />

3628 1332<br />

1 .<br />

(5 91 TENTATIVE INVESTMENT CREDIT<br />

119* 426<br />

379<br />

.<br />

459<br />

. (5)<br />

931 2342<br />

.<br />

1148 .<br />

92 INVESTMENT CREDIT CARRYFORWARD<br />

6* 32 32<br />

11* .<br />

65 164<br />

.<br />

80 .<br />

.<br />

$<br />

93 UNUSED INVESTMENT CREDIT<br />

- 11* . . .<br />

■ ■ .<br />

IV . . (5) .<br />

- 14* ■ . 05<br />

-<br />

■<br />

FOOTNOTES AT BEGINNING AND - END OF FILM<br />

U. So TREASURY DEPARTMENT ■ INTERNAL REVENUE SERVICE<br />

0

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