1 - Internal Revenue Service

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LP-1 04 .4 L OVERLAP R LP-408 408-RP RP ON 62
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1.
1967 CORPORATION
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
ITEM ,
218
MINOR INDUSTRY 3930
UPC.: MISC. MPG. INDUSTRIES, INCLUDING ORDNANCE 6 ACCESSORIES:
1SIZE OF TOTAL ASSETS AND MONEY FIGURES IN THOUSANDS OF DOLLARS)
Ordnance, except guided missiles
SIZE OF TOTAL ASSETS
OVER ZERO 50 100 250 500 1.000 5.000 10.000 25.000 50,000 1001000
TOTAL ZERO UNDER UNDER UNDER UNDER UNDER UNDER UNDER UNDER UNDER UNDER UNDER 250.000
ASSETS 50 100 250 500 1,000 5.000 10,000 25,000 50.000 100.000 250.000 OR MORE
1
NUMBER OF RETURNS WITH AND WITHOUT NET INCOME
'1 TOTAL 124
2 WITH NET INCOME 116
3 WITHOUT NET INCOME 8*
4 FORM 1120-S -
5 TOTAL ASSETS 391686
6 CASH 19477
7 NOTES AND ACCOUNTS RECEIVABLE 97197
S LESS, ALLOWANCE FOR BAD DEBTS 1082
9 INVENTORIES 134831
INVESTMENTS IN GOVT. OBLIG,
10 UNITED STATES 20404*
11 STATE AND LOCAL 765
4 12 OTHER CURRENT ASSETS 8803
13 LOANS TO STOCKHOLDERS 66*
14' MORTGAGE AND REAL ESTATE LOANS 94
15 OTHER INVESTMENTS 22420
16 DEPRECIABLE ASSETS 157050
17 LESS, ACCUM DEPRECIATION 77552
18 DEPLETABLE ASSETS -
19 LESSI ACCUM DEPLETION ..
20 LAND 4334
21 INTANGIBLE ASSETS (AMORTIZABLE) 175*
22 LESSI ACCUM AMORTIZATION 78*
23 OTHER ASSETS 4782
43* 33*
42* 33*
37 5* a 3
31 5* 1 3 -
6* - 1
■
'
697* - 13132* 97367 37976* 28171 113433 100910
- 228* - 4066* - 4503 2948* 95 1729 - 5908
- 88* ■ 2770* ■ 23407 11245* 6069 27454 26164
- - - 436* 51* 3 204 388
- - - 4213* - 33102 10506* 9409 43735 - 33866
- - - 14497* - - ■ - 5907
- - - - - 535 - 230 -
so - - - .. - 990* 70* 7353 390 ■
■
- - 66* ■ ■ ■ .
. . - . . 75 . . ■ 19
. . . 82* - 2072 613* 358 12136 - 7159
- 550* - 4132* - 33326 15063* 9766 38158 56055
- 169* - 2525* - 16307 5024* 4967 12913 - 35647
.
■ . . . ... . .
. . .. . . . . .
.. . ■ 82* 567* 1123* 82 975 1505
- - — 175* - ... —
. - - - ■ 78* - .. - .
- - - - 246* 939 1483* 9 1743 362
24 TOTAL LIABILITIES 391686 697* ■ 13132* . 97367 37976* 28171 113433 - 10C910
25 ACCOUNTS PAYABLE 61405 42* 1590* 10099 12981* 8401 19009 9283
4 26' MORT.. NOTES, BONDS UNDER 1 YR 23985 . 98* - 8657 132* 900 14198 -
27 OTHER CURRENT LIABILITIES 32104 ■ ■ - 2328* . 8856 6129* 3649 11142 ■ -
28 LOANS FROM STOCKHOLDERS 16076* 42* 98* 5544* 2327* 8065 — .
29 MORT., NOTES. BONDS OVER 1 YR 26856 ■ ■ . . 13968* 500 12388 ... .
30 OTHER LIABILITIES 18948 43* 1* - 6392 1* - 1209 11302
31 CAPITAL STOCK 40168 805* 656* ■ .11303 8523* 230 7478 11173
32 PAID-IN OR CAPITAL SURPLUS 27941 ■ .. 16* - 7207* 2418* 507 11261 - 6532
33 RETAINED EARNINGS. APPROP 815 .. - . - . 451* - - 815 - ■
34 RETAINED EARNINGS, UNAPPROP 152027 •235* 8345* . 33061 55.11* 5919 35933 63493
35 LESSI COST OF TREASURY STOCK 8639 - ■ . . 7720 46* - - 873
36 TOTAL RECEIPTS 711939 - 3994* . - 29525* .. 149241 117090* 76609 199032
37
.. 136448
BUSINESS RECEIPTS 703776 3979* ■ 29082* . 147409 116253* 76347 195696
INTEREST ON GOVT. OBLIGATIONS1
135010
38 UNITED STATES . 647* ■ ■ 82* 352* ■ ■ 213
( 39 STATE AND LOCAL 11 - .. - — . 5 — —
40 OTHER INTEREST
6 ..
773 .. 33* . 96* ..
41 RENTS
42 37 565
677 .. ■ 554* 75* —
i 42 ROYALTIES
45 . 3
115 ■ . —
43 NET S.T CAP GAIN LESS 1...7 LOSS
37 3
278
75
■ . . . . . 278 .
44 NET L—T CAP GAIN LESS S..7 LOSS 232 15 16* 103* .
45
2
NET GAIN/ NONCAPITAL ASSETS
94 2
196 - 82* 104* 151* 10 ■
46 DIVIDENDS/ DOMESTIC CORPS
—
11
714* . . ■ 435* -
47
142
DIVIDENDS, FOREIGN CORPS
137
260 . ■ ' . ... .. ..
( 48 OTHER RECEIPTS
260
4260 . 230* - 618 327* 171 2731 183
49 TOTAL DEDUCTIONS 646355 - 3833* - - 28000* . 137752 110402* 74725 180686 - 110957
50 COOT OF SALES AND OPERATIONS 533078 2604* - . 22247* 105663 101421* 67142 149475 84526
51 COMPENSATION OF OFFICERS 7549 - 550* ■ 1869* 3182 142* 325 1481
52 REPAIRS 6161 - 42* - (5)* 345* 96* 244 5434 .
( 53 BAD DEBTS 541 - ■ - (5)* 377 — ■ 119 45
54 RENT PAID ON BUSINESS PROPERTY 3213 127* 213* 690 545* 370 950 318
55 TAXES PAID 15103 212* 951* 3538 1040* 1263 4544 3555
t 56 INTEREST PAID 4329 - 151* 49* 1547 535* 555 1534 109
57 CONTRIBUTIONS OR GIFTS 248 - ■ .. 16* 39 14* 4 63 112
58 AMORTIZATION 1217* .. . (5)* 1217* . .
( 59 DEPRECIATION 11531 42* 787* 2251 618* 965 2858 4010
60 DEPLETION
■
- — . . —
61 ADVERTISING 6931 151* ■ 33* - 2244 1088* 272 226 3068
62 PENSION. PROF SH.IANNU/TY PLANS 7743 ■ ■ - - 1009* 481* 831 522 4900
63 OTHER EMPLOYEE BENEFIT PLANS 2889 .. ■ 16* 218* 537* 545 1573
64 NET LOSS. NONCAPITAL ASSETS 50 .. .. .. 5* . 45 .
65 OTHER DEDUCTIONS 45772 - 256* - 1819* 16644 2668* 2209 11862 10314
F
V
V
2
66 TOTAL RECEIPTS LESS DEDUCTIONS 65584 161* - 1525* 11489 6688* 1884 18346 25491
(i 67 CONSTR TAX INC FM REL FOR CORP(I)
■
- - . ■ ■ ■ .
68 NET INCOME (LESS DEFICIT)(21 65573 - 161* . 1525* - 11484 6688* 1884 18340 - 25491
69 NET INCOME 69860 169* .. 1525* - 15725 6688* 1922 18340 25491
4 70 DEFICIT 4287* - 8 - — - 4241* — 38 ■
RETURNS OTHER THAN FORM 1120.11
71 NET INCOME (LESS DEFICIT) 65573 - 161* ■ 1525* ■ 11484
72 STATUTORY SPECIAL DEDS., TOTAL
6698* 1884 18340
607* - (5)4 . .
73
.
NET OPERATING LOSS CARRYFRD
371* 120
(51* - (5)* - — — . . ■
74
.
DIVIDENDS RECEIVED DEDUCTION 607* .. - - ■
75
371* —
DED FOR DIV PD, PUB UTIL STK
120
- - ■ .. .. ■
76 WESTERN HEMISPHEAE TRADE DED
.. . .
■ - ■ ■ . .
■
77 INCOME SUBJECT TO TAX
. .
69254 169*
'
■ 1525* - 15724 6320* 1922
78 INCOME TAX MEP CREDITS), TOT(3)
18219
32918 42* 541* -
79 SURCHARGE
7351 3021* 917 8873
181 - (5)* - 13* —
80 TAX RECOMP PRIOR YEAR INV. CR
168
2 ■ (5)* (5) ■
81 FOREIGN TAX CREDIT
1 1
175 — — 3
82 INVESTMENT CREDIT
. . .
644 — . (51*
83 NET INCOME(LESS DEF) AFTER TAX14)
80 129* 4
33299
226 .
■ 119* .. 984* - 4213
84 NET INCOME AFTER TAX
3796* 971 9693
37587 - 127*
85 ESTIMATED TAX PAYMENTS
984* - 8454
18933
3796* 1010
..
9693
.
■ - 4148* 1155* 358 4772
86 FORM 1120—S NET INCOME (LESS DEF - . . • - - . .
DISTRIBUTIONS TO STOCKHOLDERS,
..
87 CASH 8 PROP EACEPT OWN STOCK 11614 - - - 426* 140* ■ 2642
88 CORPORATIONS OWN STOCK 8442* - - .
8406
- .. . . 7013* ■
SELECTED INVESTMENT ITEMS.
1429
89 COST OF PROP. USED FOR INV. CR . 14097 .. - ■ - 147* - 2552
90 INVESTMENT QUALIFIED FOR CREDIT
2760* 1183 3643
11144 -
3012
- - 98* .
91
2184
TENTATIVE INVESTMENT CREDIT
1843* 871
773
3216 2932
■ .. .. . (5)* . 152 129* 61
02 INVESTMENT
226
CREDIT CARRYFORWARD
. 205
182* - - . 102* BO ■
.03 UNUSED INVESTMENT CREDIT
.
3114 - ■ - 174* - 137 ■ .
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FOOTNOTES AT BEGINNING AND END OF FILM
U. S. TREASURY DEPARTMENT ■ INTERNAL REVENUE SERVICE
25491
116
116
25375
12173 1
172 1
205
13523
13523
8500
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