1 - Internal Revenue Service
1 - Internal Revenue Service
1 - Internal Revenue Service
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L12.1 ON 4<br />
L OVERLAP R LP-410 410-RP RP-1 ON 62<br />
1967 CORPORATION<br />
SOURCE BOOK OF STATISTICS OF INCOME<br />
I<br />
220<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 OF TOTAL ASSETS<br />
RETURNS WITH ANO WITHOUT NET INCOME<br />
MINOR INDUSTRY 3998<br />
MM. MISC. MFG. INDUSTRIES, INCLUDING ORDNANCE &ACCESSORIES:<br />
)SIZE OF TOTAL ASSETS AND MONEY FIGURES IN THOUSANDS OF DOLLARS,<br />
Musical instruments, office 6 artists. materials, &<br />
SIZE OF TOTAL ASSETS sea, industries not elsewhere classified<br />
OVER ZERO 50 100 250<br />
ITEM<br />
500<br />
TOTAL<br />
11000<br />
ZERO<br />
50000<br />
UNDER UNDER<br />
10000 25,000<br />
UNDER<br />
500000 1001000<br />
UNDER UNDER UNDER<br />
ASSETS 50<br />
UNDER UNDER<br />
100<br />
UNDER<br />
250<br />
UNDER<br />
500<br />
JNOER 250,000<br />
1.000 5.000 10,000 25,000 50,000 100.000 250,000 OR MORE<br />
NUMBER OF RETURNS WITH ANO WITHOUT NET INCOME<br />
1 TOTAL 6346 85* 2429 1110 1391 589 345 300 27 26 7 ■ 1<br />
2 WITH NET INCOME 4020 43* 963 867 1103 429 291 265 26 20 6 6 . 1<br />
3 WITHOUT NET INCOME • 2296 42* 1466 243* 288 160 54* 35 1 6 1<br />
4 FORM 1120 ■S 802 ■ 304* 265* 114* 76* 38* 5 ■<br />
—<br />
1<br />
5 TOTAL ASSETS 3029673 47802 79580 227274 211573 230661 586553<br />
6 CASH<br />
188707 433858 249584 466425 307656<br />
(<br />
203162 6070 11969 25795 25919 17735<br />
7'<br />
47037<br />
NOTES AND ACCOUNTS RECEIVABLE<br />
4494 24311 11351<br />
721156<br />
19142<br />
14935<br />
9339<br />
19043 60509 59031 69841 160355<br />
8'<br />
41269<br />
LESS, ALLOWANCE FOR BAD DEBTS<br />
88166 51204 125087<br />
17918 127<br />
31716<br />
185* 1151 1587 1862<br />
9<br />
3302<br />
INVENTORIES<br />
1212 3400 964 2761<br />
837861 .10883<br />
1367<br />
14758 62513 56569 .80819 186363<br />
INVESTMENTS IN GOVT. OBLIG,<br />
61947 123017 71522 123787 45683<br />
10 UNITED STATES 32182 . . 603 ■ 214* 16*<br />
11<br />
967*<br />
STATE AND LOCAL<br />
6688 . 10654 450 7528 5062<br />
(<br />
4820 . . 574* 328*<br />
12 OTHER CURRENT ASSETS<br />
1895* —<br />
49231<br />
71 1435 517 —<br />
723 2381 4417 2138<br />
13 LOANS TO STOCKHOLDERS<br />
4571 13640 • 2113*<br />
13009<br />
8634 2124 8490<br />
■ 841* 2541 .<br />
■ 1147 4634* 940* 1144*<br />
14 MORTGAGE AND REAL ESTATE LOANS<br />
.<br />
3384<br />
1762 .<br />
— — .<br />
1527* 34 916*<br />
.<br />
t<br />
-<br />
15 OTHER INVESTMENTS 8*<br />
283534 .. 899 — - ..<br />
86* 1097* 5576 6371 3983 31001' 30036<br />
I . 16 DEPRECIABLE ASSETS<br />
1410955<br />
54995<br />
—<br />
65283 59696<br />
25195 46317<br />
25410<br />
17<br />
89532 105777<br />
LESS, ACCUM DEPRECIATION<br />
108136 222803 62838 173995 79964 207828 288570<br />
4<br />
681461 ■ 13752 25565 39981 57753<br />
18 DEPLETABLE ASSETS<br />
64338 108168<br />
9814<br />
24970 81531 39218 100921<br />
■<br />
125264<br />
■ 296<br />
19<br />
820*<br />
LESS' ACCUM DEPLETION<br />
— , .<br />
820*<br />
. . .<br />
■ — - 820* . . ..<br />
8698<br />
20 LAND<br />
■ . ..<br />
50964 .. —<br />
I<br />
5<br />
21<br />
560* 5393 4474<br />
INTANGIBLE ASSETS (AMORTIZABLE)<br />
5532 10857<br />
10760 . 3934*<br />
130<br />
6435<br />
1440*<br />
2885<br />
887<br />
5274 -5615<br />
22<br />
294*<br />
LESS, ACCUM AMORTIZATION<br />
143* 4049<br />
3410<br />
1144* 1620<br />
1<br />
138 915 ...<br />
169* 328* 82* 54*<br />
!<br />
23 OTHER ASSETS 1275 761* 288 81 371<br />
1 102450 2211 5097 10650 5410 4248 12550 7867 24518 3491 12214 . 14194<br />
24 TOTAL LIABILITIES 3029673 ■ 47802 79580 227274 211573 230661 586553<br />
8<br />
25 ACCOUNTS PAYABLE 188707<br />
335541<br />
433858 249584 466425<br />
■ 9243 15410 41050 25470<br />
307656<br />
26 MORT.. NOTES. BONDS UNDER 1 YR<br />
55455 81612<br />
252439<br />
15953 31732<br />
.. 3956<br />
13497 35977<br />
4108 23527 15216<br />
10142<br />
27 OTHER CURRENT LIABILITIES<br />
26178 56990<br />
203819<br />
18458 40777 34340<br />
5615 • 4398 .<br />
28716<br />
15791 15196<br />
173<br />
28 LOANS FROM STOCKHOLDERS<br />
16165 46703<br />
35506<br />
8195 24529 18762 30209 18256<br />
■<br />
4<br />
5428 3939* 6531 2826<br />
29 MORT., NOTES, BONDS OVER 1 YR<br />
2978* 12903<br />
364769<br />
806 95 .<br />
■ 2453 5451 32225 • 23507<br />
30 OTHER LIABILITIES<br />
19159 56348<br />
92443<br />
35168<br />
-<br />
76370<br />
2442<br />
23302 88358<br />
4144 7677 2017<br />
2428<br />
31 CAPITAL STOCK<br />
776 29988 4778* 15182<br />
477688<br />
6005 10787 8647<br />
4<br />
23186 23737<br />
32<br />
46499 54137 39366<br />
PAID—IN OR CAPITAL SURPLUS<br />
70088 12051<br />
216233 : 70352 54750<br />
1267<br />
56160<br />
912* 10515 5349<br />
27362<br />
33<br />
10153 25904<br />
RETAINED EARNINGS, APPROP 27057<br />
18431<br />
31651 12744 41669 49012<br />
■ (5)* 42<br />
34<br />
1358* 3470* 2935*<br />
RETAINED EARNINGS, UNAPPRCP•<br />
3367<br />
1073046<br />
75* 5240 1293 - 651<br />
4<br />
•5319 18391 43391 70899<br />
35 LESS' COST OF TREASURY STOCK<br />
61405 208025<br />
40242<br />
68251 141933 88383<br />
469*<br />
180909<br />
952* 1290 - 6514<br />
196778<br />
► 3909* 5375 2085 4003 3492 6360 5793<br />
36 TOTAL RECEIPTS 4729555 5199*<br />
( 37<br />
141733 196689<br />
BUSINESS RECEIPTS<br />
510448 394901 550091<br />
4651531 5161*<br />
1035011 275298 484117<br />
140791<br />
233267<br />
192601<br />
556237<br />
505323 390333<br />
346564<br />
INTEREST ON GOVT. OBLIGATIONS.<br />
545541 1022155 271741 470710 221077 543131 342967<br />
38 UNITED STATES<br />
1421<br />
( 39<br />
- -<br />
STATE AND LOCAL<br />
3 . . 350 3►<br />
210 — -<br />
602<br />
—<br />
10 245 208<br />
40 OTHER INTEREST<br />
. 16* 15) ►<br />
10606<br />
165 . — 2 26<br />
■ 1<br />
41<br />
151*<br />
RENTS<br />
50* 479 749<br />
5621<br />
182 1216<br />
8<br />
586<br />
173* 141*<br />
1025 2049 3470 800<br />
42<br />
2055<br />
ROYALTIES<br />
652 352*<br />
3728<br />
1171 299* 266 109 252<br />
■ 2 - 113* .<br />
143<br />
43 NET S—T CAP GAIN LESS L-T LOSS. 19<br />
437 .<br />
550 18 1291 835 417<br />
■ . 2 16 —<br />
483<br />
44 NET L•T CAP GAIN LESS S—T LOSS. 12371<br />
40*<br />
.<br />
47<br />
42*<br />
269 63<br />
(<br />
1 147*<br />
45 NET GAIN, NONCAPITAL ASSETS<br />
1985* 869*<br />
2715<br />
920 249 1669 1280 4981<br />
1<br />
228<br />
■<br />
■ 202*<br />
46 DIVIDENDS' DOMESTIC CORPS<br />
53* 55*<br />
3873<br />
2033 57* 128<br />
11. ■<br />
.<br />
15)* 16*<br />
51 110<br />
49* 15)*<br />
25<br />
866 213*<br />
1<br />
47 DIVIDENDS, FOREIGN CORPS 3247. 777 659<br />
■ '.. . .<br />
323<br />
—<br />
970<br />
( 48 OTHER RECEIPTS<br />
■<br />
33795 29<br />
107<br />
725<br />
117<br />
3896<br />
752 1785<br />
2108<br />
260<br />
1048<br />
226<br />
3073 5438 1968 6628 5410 2959 513 ,<br />
49 TOTAL DEDUCTIONS 4439016 5030* 142715<br />
C<br />
191254 494679<br />
50 COST OF SALES AND OPERATIONS<br />
372267 532900 967678<br />
3124164<br />
253262<br />
' 3491* 90373<br />
455617 219125<br />
127558 354471<br />
500641<br />
262706<br />
303848<br />
51 COMPENSATION OF OFFICERS<br />
405476 • 724555<br />
148358<br />
166854<br />
338*<br />
291403<br />
16731<br />
140176 367103<br />
189998 1<br />
52 REPAIRS<br />
21052 29461 18833 17751 27717<br />
43719<br />
4243 5606<br />
134<br />
2422<br />
611<br />
3112 1092<br />
( 53 BAD DEBTS<br />
838 1972 3259 1975 4865<br />
13476 1263 3533 2313 8085<br />
■ 295 317* 1048<br />
14071<br />
54 RENT PAID ON BUSINESS PROPERTY<br />
1618 2276 2099 779<br />
48361 323<br />
2661 1285<br />
4264<br />
891<br />
5082<br />
207<br />
55 TAXES PAID<br />
7281 4666 4391 8592<br />
102789<br />
896*<br />
162*<br />
4935 2744<br />
3674 4084<br />
3411<br />
11662 8721 10352<br />
1776<br />
56 INTEREST PAID 21190 4751<br />
35982<br />
11815 5661 11721 8996<br />
■<br />
604 902<br />
57 CONTRIBUTIONS OR GIFTS<br />
3021 1826 3116 7232<br />
3961<br />
3071 6026 3631 6395<br />
■<br />
7 15 185 140<br />
158<br />
103 689<br />
1<br />
58 AMORTIZATION<br />
524<br />
724<br />
807 179 850 462<br />
(<br />
151*<br />
59<br />
46<br />
DEPRECIATION<br />
85* 67 16* 17* 329<br />
101045<br />
23<br />
52*<br />
76 34 19<br />
2844 5350<br />
. 12<br />
60 DEPLETION<br />
8314 8026 7786 15729 4449<br />
11 .<br />
9464 5797 15162<br />
. — .<br />
18072<br />
.<br />
I<br />
61 ADVERTISING (5)<br />
89123<br />
11 . . .<br />
3 .<br />
g 62<br />
680 2098<br />
PENSION,' PROF SH.tANNUITY PLANS<br />
6127 3802 3771 9179<br />
29717<br />
16736<br />
70<br />
10782 10792<br />
254 613*<br />
10873<br />
1514 909<br />
14280<br />
63 OTHER EMPLOYEE BENEFIT PLANS<br />
2722<br />
21702<br />
4935 1986* 5351 2617 5416<br />
■ 454* 279* 1882 3330<br />
64 NET LOSS, NONCAPITAL ASSETS•.•<br />
1534 639*<br />
638 - . 3492 782*' 3054<br />
' 80*<br />
2080 4372<br />
138* 49* 16*<br />
3134<br />
4 65 OTHER DEDUCTIONS 675246<br />
118<br />
457*<br />
41<br />
21878<br />
196<br />
22901 67536 56162 72509 136957 46853 99908 39394 63231 47460<br />
g<br />
g<br />
(<br />
II<br />
C<br />
66 TOTAL RECEIPTS LESS DEDUCTIONS 290539 169* -982 5435<br />
67 CONSTR TAX INC FM REL FOR CORPIII<br />
15769. 22634 17191 67333<br />
1235<br />
22036 28500 14142 55596<br />
■ .<br />
. 42716<br />
68 NET INCOME (LESS DEFICIT)12/<br />
.<br />
291564<br />
.<br />
169*<br />
92 198 708 127 ■<br />
.982 5435 110<br />
69 NET INCOME<br />
15769 22618 17191<br />
323935<br />
67168<br />
177*<br />
22128 28698<br />
2934 • 8451<br />
14848 55697 . 42825<br />
70 DEFICIT<br />
18754 28144 20705 72082<br />
32371 :<br />
22651 33872<br />
8 3916 3016*<br />
17643 55697 .<br />
2985 5526 3514*<br />
42825<br />
RETURNS OTHER THAN FORM 1120.51 .<br />
4914 523 5174 2795 —<br />
71 NET INCOME (LESS DEFICIT) 267232 169* -1071<br />
72 STATUTORY SPECIAL<br />
3136 14067 7557<br />
MS•, TOTAL<br />
13883<br />
18917<br />
65295<br />
135<br />
22128 28698 14848 55697 42825<br />
73<br />
86* • 1144*<br />
NET OPERATING LOSS CARRYFRD<br />
1782 1121* 1102* 7021<br />
15383<br />
2549*<br />
• 135<br />
2170<br />
86*<br />
560 277 970<br />
74<br />
1144*<br />
DIVIDENDS RECEIVED DEDUCTION<br />
1766 1072* 1102* 6282 2367*<br />
3527 ' —<br />
1428 . 1<br />
. i5)* 16<br />
.<br />
■<br />
75<br />
49* 15) 739 182* 735 76 . DED 560 WESTERN FOR HEMISPHERE DIV PD, PUB TRADE UTIL DECO STK — • 276 970<br />
7 • ■ • ■ — — ■<br />
—<br />
- -<br />
77 INCOME SUBJECT TO TAX ■ . . • — .1<br />
■ - . . - 7 . ■<br />
279230 • 42* 2370 3666 14972<br />
.<br />
78 INCOME TAX 18EF CREDITS), TOT131<br />
11995 16310 63338<br />
123650<br />
20117* 31856<br />
(5)<br />
17083 55626<br />
►<br />
41855<br />
79 SURCHARGE<br />
467 723 3924 . 3890 6458 29425<br />
1137<br />
9687* 15084 8041 25894<br />
■<br />
(5)* (5)8 1<br />
20057<br />
16* 82* 445 148<br />
I<br />
80 TAX RECOMP PRIOR YEAR INV. CR<br />
130 6 76 363<br />
■ ■<br />
■<br />
(<br />
81 FOREIGN TAX CREDIT<br />
5)8 (5)8 32 (51*<br />
3205<br />
-<br />
38<br />
-<br />
15) 22 11 4 . 26<br />
■<br />
82 INVESTMENT CREDIT<br />
. • 43<br />
5112 15/8<br />
110<br />
1<br />
1276<br />
126<br />
1278 302<br />
235<br />
-<br />
265<br />
196<br />
630 736<br />
I<br />
83 NET INCOMEILESS DEF) AFTER TAXI4/ 173026 169*<br />
160*<br />
•1448<br />
454 354 946 .<br />
4838 12080 18993<br />
1205<br />
84 NET INCOME AFTER TAX<br />
205397<br />
11363 38479<br />
177* 2468<br />
12601 14068 7161 30749 . 23973<br />
85 ESTIMATED TAX PAYMENTS<br />
7854 15065 24519<br />
61916<br />
14877 43393<br />
•<br />
13124<br />
.<br />
19242 9956 30749 . 23973<br />
86 FORM 1120<br />
.<br />
■S NET INCOME (LESS DEFT<br />
66* -<br />
24332<br />
9248 6572* 11033 3197 17800 .<br />
■ 89 2299* . 1702 14000<br />
15061* 3308* 1873 . . - - • .<br />
DISTRIBUTIONS TO STOC