1 - Internal Revenue Service

LP-1 ON 4 L OVERLAP R LP-687 687-RP RP-1 ON 62
1967 CORPORATION
U. S. TREASURY DEPARTMENT ■ INTERNAL REVENUE SERVICE
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 MINOR INDUSTRY 5070
TRADE, WNDLESALE, Mieeellaneoue wholesale trade,
(SIZE OF TOTAL ASSETS AND MONEY FIGURES IN THOUSANDS OF DOLLARS)
Hardware, and plumbing and heating equipment
and
SIZE OF TOTAL ASSETS
supplies
OVER ZERO 50 100 250 500 19000 5,000 10,000 25,000 50,000 100,000
ITEM 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
NUMBER OF RETURNS WITH AND WITHOUT NET INCOME
1 TOTAL 7869 84 1624 1247 2034 1303 988 535 33 15 5 1
2 WITH NET INCOME 6199 2 921 1086 1567 1233 849 488 33 14 5 1
3 WITHOUT NET INCOME 1670 82 703 161* 467 70* 139 47 1
4 FORM 1120—S 1340 1 457 227* 303* 227* 113* 1; -
3 TOTAL ASSETS 3525182 .. 30708 86887 335629 473893 663582 961971 231041 203203 162238 376030
6 CASH 254713 ■ 4728 16609 35140 46564 45788 54728 12941' 10125 9885 18205
7 NOTES AND ACCOUNTS RECEIVABLE 1143112 . 9634 34564 125027 161357 234774 306958 80451 63371 69839 57137
B LESS! ALLOWANCE FOR BAD DEBTS 26088 ■ 85* 529* 1612 4541 4593 8346 1752 2549 1167 914
9 INVENTORIES 1347318 - 8190 25225 128092 198740 271113 424087 88531 93864 43602 65874
INVESTMENTS IN GOVT. OBLIGI
10 UNITED STATES 16351 - - - 312* 1148* 3607* 10018 1266 . -
11 STATE AND LOCAL 1147 — — 75+ — 1066 ! — 1 ' S -
12 OTHER CURRENT ASSETS 99066 590 605 4614 7751 9896 15591 3001 2118 496 ■ 54404
13 LOANS TO STOCKHOLDERS 5932 1647 151 279 1365* 994* 1492 4 - -
14 MORTGAGE AND REAL ESTATE LOANS 1185 8 - - 443* 328* 370 23 13 ■ .
15 OTHER INVESTMENTS 195894 351* 2498* 6031 18667 19909 48596 18413 12516 11534 57379
!1:: 16 DEPRECIABLE ASSETS 739544 8150 12226 51319 62874 105964 153272 40433 38379 29334 - 237593
17 LESS: ACCUM DEPRECIATION 379796 3940 7084 . 24863 33156 46315 78877 18134 20921 12721 133785
18 DEPLETABLE ASSETS 454 (5) - 16* — - 438 — — — -
19 LESS) ACCUM DEPLETION 124 (5) — - — - 124 — — -
20 LAND 62701 36* 1149* 5595 4472 15450 17939 5591 3620 4821 4028
21 INTANGIBLE ASSETS (AMORTIZABLE) 8985 54* 14* 80 100* 1836* 439 - — 6462 ■ —
22 LESS' ACCUM AMORTIZATION 1413 14* 3* 32 49* 459* 75 — — 781 —
23 OTHER ASSETS 56201 1359 1462 5556 8158 5290 14399 . 1566 1386 916 - 16109
. .
24 TOTAL LIABILITIES 3525182 30708 86887 335629 473893 663582 961971 231041 203203 162238 ■ 376030
25 ACCOUNTS PAYABLE 779083 6726 17392 80987 104804 174989 206893 30248 • 39492 49716 - 67836
26 MORT., NOTES. BONDS UNDER 1 YR 304777 2.120 5447 27279 43963 52679 118275 21739 21385 11484 ■ 406
27 OTHER .CURRENT LIABILITIES 186466 - 1632 4599 15723 37467 32250 52747 10915 9689 6850 14594
28 LOANS FROM STOCKHOLDERS 100491 1544 7086 16918 7782 30733 4396 262 — - 31770
29 MORT., NOTES. BONDS OVER 1 YR 263908 - 2291 5078 24228 27126 58581 99490 24310* 11022 4441 . 7341
30 OTHER LIABILITIES 80140 . 3282 450 2621 8796 9366 9511 2089 470 590 - 42965
31 CAPITAL STOCK 633867 ■ 11328 20215 66796 77153 109139 158099 36830 '29213 45037 - 80057
( 32 PAID-IN OR CAPITAL SURPLUS 88121 - 387* 1623* 6956 20370 27048 17300 5556* 6822 1949 - ■ 110
33 RETAINED EARNINGS, APPROP 17601 - 254 ■ 46* 6285* 133* 5200 1174 3747 762 .. ■
34 RETAINED EARNINGS. UNAPPROP 1115605 - 1144 24997 98256 153569 173043 303263 100466 84237 42861 - 133769
t 35 LESS, COST OF TREASURY STOCK 44877 . - - 4181 13422 4379 13203 2548. 2874 1452 2818
36 TOTAL RECEIPTS 8626646 39883 100067 247970 865278 1244438 1833859 2268698 529511 549536 445923 501483
37 BUSINESS RECEIPTS 8496790 39495 98296 237747 851609 1221438 1812918 2240649 523940 543641 442754 484223
INTEREST ON GOVT. OBLIGATIONS)
38 UNITED STATES 961 . ■ (5)* ■ 82* 32* 16* 633 ■ 47 ■ ■ 151
39 STATE AND LOCAL 83 . - - 3* . 33* 46 ■ (5) 1
40 OTHER INTEREST 10100 286 44 229* 735 821 1280 2428 1193 775 674 ■ - 1635
41 RENTS 7576 1 2 3* 688 491 2266 2488 548 161 402 - - 526
42 ROYALTIES 9055* ■ ■ ■ 8827* — 153 13 (5) 60
43 NET S..T CAP CAIN LESS L-T LOSS 39 ■ - 16 . ■ 16 ■ 7 .
44 NET L-T CAP GAIN LESS S—T LOSS 4195 31 , 1 (5) 524* 209* 378* 1343 1179 52 150 :: 328
45 NET GAIN, NONCAPITAL ASSETS 644 (5) ■ ■ 81* a 329 157 59 5 5
46 DIVIDENDS. DOMESTIC CORPS 3089 - • (5)* (5: 104 926* 81* 949 745 202 (5) 82
47 DIVIDENDS, FOREIGN CORPS 1456 - — — — . (5) - . • 1456
48 OTHER RECEIPTS 92658 70 1724 9991 11356 11686 16558 19836 1832 4646 1942 1 13017 •
49 TOTAL DEDUCTIONS 8379410 38481 98748 239539 848983 1201962 1797901 2210734 512820 535772 431007 463463
( 50 COST OF SALES AND OPERATIONS 6697715 33029 57800 161165 646084 937865 1458486 1782292 420059 451083 371471 378381
51 COMPENSATION OF OFFICERS 226330 301 12004 27628 47120 47340 47808 35064 5197 2560 1308
52 REPAIRS 17898 7 175 106 795 1459 2546 3539 707 930 548 ■ 7086
53 BAD DEBTS 23691 6 127 485 3062 4452 6719 6349 997 7 59 604 131
54 RENT PAID ON BUSINESS PROPERTY 59123 70 2001 3709 8848 8330 12000 15043 2097 2085 1794 3146
55 TAXES PAID 90685 204 1888 3358 10420 13124 18100 23655 6212 4672 2581 - 6471
56 INTEREST PAID 39333' 194 350 550 3599 4955 6660 14859 2330 2111 2351 . 1 .374
57 CONTRIBUTIONS OR GIFTS 3335 ■ 2 45 102 457 586 1072 491 176 353 - - 51
58 AMORTIZATION 377 ■ 56 4* 25 151 16* 28 15) - 248 - ■ 151
( 54 DEPRECIATION 00535 30 1489 1631 5375 6364 8738 10686 2222 2062 1741 ■ - 20197
60 DEPLETION 140* .. .
■ ■ 74* ■ ' 66 . (5) ■
61 ADVERTISING 29809 690 566 664 5055 4437 3676 8280 1377 1529 2841 - 694
( .62 PENSION, PROF SH..ANNUITY PLANS 30034 87 87 ■ 1992 5660 6961 7462 2688 1426 843 - '2828
63 OTHER EMPLOYEE BENEFIT PLANS 7755 56 148* 35* 762 1183 1343 2240 491 446 365 - 686
64 NET LOSS. NONCAPITAL ASSETS 451 ■ ■ 42 (5) ■ 201* 194 - 13 1 .
4 65 OTHER DEDUCTIONS 1092199 3807 22055 40117 115744 166262 224061 299905 67952 65920 43958 42418
6 6 TOTAL RECEIPTS LESS DEDUCTIONS 247236 1402 1319 8431 16295 42476 35958 57964 16691 13764 14916 38020
67 CONSTR TAX INC FM REL FOR CORP(1) 1513 ■ ■ ■ . . . . . 1513
68 NET INCOME (LESS DEFICIT)(2) 248666 1402 1319 8431 16292 42476 35925 57918 16691 13764 14915 - 39533
69 NET INCOME 280134 1643 3052 9246 23793 45069 48521 63819 16691 13852 14915 - 39533
70 DEFICIT 31468 241 1733 815* 7501 2593* 12596 5901 — 88 - -
RETURNS OTHER THAN FORM 1120.51
71 NET INCOME (LESS DEFICIT) 231837 1388 1785 7387 11838 29817 38382 56337 16691 13764 14915 ■ 39533
72 STATUTORY SPECIAL OLEOS., TOTAL 7121 ■ 254* 309* 835 1327 849 2365 686 343 (5) 153
73 NET OPERATING LOBS' CARRYFRD 4537 ■ 254* 309* 737 556* 817* 1580 45 156 ■ 83
74 DIVIDENDS RECEIVED DEDUCTION 2583 ■ (5)* (5) 98 771* 32* 784 641 187 (5) 70
( 75 DED FOR DIV PD. PUB UTIL STK ■ — - ■ — — — ■ ■ ■
gol 76 WESTERN HEMISPHERE TRADE DED. 1 - - - - - 1 . — ■
77 INCOME SUBJECT TO TAX 246546 1629 2049 7671 18214 31101 41844 60123 16009 13611 14915 ■ ■ 39380
( 78 INCOME TAX (BEF CREDITS). TOT(3), 100064 ' 777 510 1694 4637 10014 16133 26337 7349 6454 7256 ■ 18903
79 SURCHARGE 841 ■ (5)* (5) (5) 80 213 280 107 3 158 - -
80 TAX RECOMP PRIOR YEAR INV. CR 107 .. - ■ (5)* 1 15) 12 6 4 1 - - 83
( 81 FOREIGN TAX CREDIT 1859 ■ . ■ .. a - . 4 - 1847
82 INVESTMENT CREDIT 2281 2 (51* 42 17 114 210 382 172 147 37' - - 1158
83 NET INCOME(LESS DEF, AFTER TAX141 150883 627 809 6779 11672 32576 20002 31963 9514 7457 7696 ■ 21788
( 84 NET INCOME AFTER TAX 182351 868 2542 7594 19173 35169 32598 37864 9514 7545 7696 21788
85 ESTIMATED TAX PAYMENTS 26947 315 (5) — — (5) 4691 4471 2381 6289 - ■ 8800
'86 FORM 1120-S NET INCOME (LESS DEF) 16829 14 ■466 1044* 4454* 12659* -2457* 1581 — . .
DISTRIBUTIONS TO STOCKHOLDERS,
87 CASH .5•PROP EXCEPT OWN STOCK 51567 723 27 946* 4096 4685 18582 9737 3534 1988 3649 ■ 3600
88 CORPORATION.S OWN STOCK 17836 .° ■ 2607* 344* 876 ■ 6468 ■ 7541
( SELECTED INVESTMENT ITEMS,
89 COST OF PROP. USED FOR INV. CR . 54648 39 382* 754 2372 3237 7388 8586 3294 3492 1553 ■ 23551
90 INVESTMENT QUALIFIED FOR CREDIT 37165 28 169* 467 1729 2301 4848 6052 2677 2153 885 - ■ 15856
k 91 TENTATIVE INVESTMENT CREDIT . 2279 2 15)* 15) 17 97 261 401 180 150 61 ■ 1110
92 INVESTMENT CREDIT CARRYFORWARD 303 ■ ■ 42 16* 49* 65* 81 ■ 2 . ■ 48
93 UNUSED INVESTMENT CREDIT 288 ■ (5)* 16 16* 116 102 8 6 24 ■ —
4
FOOTNOTES AT BEGINNING AND END OF FILM
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