1 - Internal Revenue Service
1 - Internal Revenue Service
1 - Internal Revenue Service
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'<br />
L1'4.1 ON 4<br />
♦ L OVERLAP R LP-702 702-RP<br />
•<br />
1967 CORPORATION<br />
SOURCE 800K OF STATISTICS OF INCOME<br />
RP-1 ON 62<br />
♦<br />
ACTIVE CORPORATION INCOME TAX RETURNS, JULY 1967<br />
■ JUNE 1 968<br />
♦ RETURNS WITH AND WITHOUT NET BALANCE INCOME SHEET, INCOME STATEMENT, TAX, AND INVESTMENT CREDIT ITEMS, BY INDUSTRY GROUP AND BY SIZE OF TOTAL ASSETS<br />
256<br />
MINOR INDUSTRY 5221<br />
♦<br />
(SIZE OF TOTAL ASSETS AND MONEY FIGURES IN THOUSANDS OF DOLLARS) TRADE, RETAIL, General merchandise stores: Department<br />
SIZE OF TOTAL ASSETS<br />
stores<br />
.. ITEM<br />
OVER ZERO 50 100<br />
TOTAL ZERO<br />
250<br />
UNDER<br />
500<br />
UNDER<br />
1 , 000<br />
UNDER<br />
5,000 10,000 250000 50,000 100,000<br />
ASSETS<br />
UNDER<br />
50<br />
UNDER<br />
100<br />
UNDER<br />
250<br />
UNDER<br />
500<br />
UNDER<br />
1,000<br />
UNDER<br />
5,000<br />
UNDER UNDER<br />
10,000<br />
250.000<br />
250000 500000 100.000 250,000 OR MORE<br />
NUMBER OF RETURNS WITH AND WITHOUT NET INCOME<br />
1 TOTAL<br />
4224 121*<br />
2 WITH NET INCOME<br />
546 587 1055<br />
3171<br />
678<br />
43* 306*<br />
652<br />
358<br />
440<br />
859<br />
54<br />
3 WITHOUT NET INCOME 537<br />
32 25 12 11<br />
1053 78* 568 11<br />
240* 229*<br />
374<br />
196<br />
43<br />
4 FORM 1120-S<br />
29 24 11<br />
458<br />
10<br />
38*<br />
141* 9<br />
151*<br />
84*<br />
■ 76*<br />
66<br />
*,<br />
11*<br />
151*<br />
3<br />
38*<br />
1<br />
4<br />
/ 1 2<br />
■<br />
■<br />
■<br />
5 TOTAL ASSETS 19786456 ■<br />
6 CASH<br />
16999 43937<br />
938623 .<br />
171009 252748 466237<br />
...<br />
2142<br />
893715 377021 481253 837852 866756<br />
7 NOTES AND ACCOUNTS RECE1VABLE<br />
3585 21434<br />
1707243 13671686<br />
7889069 -<br />
24208 44549<br />
2690<br />
76868<br />
e 5171 40858<br />
36867 33357<br />
LESS, ALLOWANCE FOR BAD DEBTS<br />
67334 38732 76450<br />
341119<br />
38042 103808 513097<br />
■ (5)*<br />
241605<br />
15)* 292<br />
104566<br />
9<br />
144644<br />
INVENTORIES<br />
224804 268395 420627<br />
4987407 847* 6293859<br />
- 10067 29404<br />
2196 5925 2261 3755 7909<br />
INVESTMENTS IN GOVT. OBLIG, 74093 129830 207982<br />
5717<br />
317868<br />
10129<br />
126834<br />
302088<br />
10 UNITED STATES<br />
148176 244655 256053 405874 3036571<br />
11<br />
120784<br />
STATE AND LOCAL<br />
61371 .<br />
492*<br />
■ 1394* 4000<br />
49*<br />
10155 1136<br />
12 OTHER CURRENT ASSETS<br />
12627 3019 3530<br />
271091 82* ■<br />
230 84201<br />
176* 146*<br />
2346<br />
2100<br />
1844<br />
13 LOANS TO STOCKHOLDERS<br />
617 22 622 11966<br />
4586 4680 12986 43823<br />
■<br />
84*<br />
18046<br />
2095*<br />
9136 8483<br />
14 MORTGAGE AND REAL ESTATE<br />
18625 8774 LOANS<br />
37179 2640<br />
738* 37 747 150760<br />
■ 53*<br />
17 447<br />
15 OTHER INVESTMENT. .<br />
111 150 134<br />
1476680<br />
26<br />
165*<br />
705*<br />
1992*<br />
43<br />
6555<br />
- 22<br />
16 DEPRECIABLE ASSETS<br />
1000 •<br />
6036793 12715 678 139<br />
2890<br />
13997<br />
9195<br />
56924<br />
53467<br />
35673<br />
17 23509<br />
LESS, ACCUM DEPRECIATION<br />
88228 15093<br />
2524996 69709 240655 981174<br />
1569<br />
118542<br />
6068<br />
270815<br />
32727<br />
115072 175586 ' 289854<br />
18 DEPLETABLE ASSETS 367775 715265 3848623<br />
27<br />
32953<br />
.<br />
58887 139636<br />
- —<br />
67653 96022<br />
19 141908<br />
LESS( ACCUM DEPLETION ..<br />
156892 303301 1487380<br />
1 — ■ —<br />
17 .. —<br />
20 LAND<br />
- — —<br />
(51<br />
10<br />
626385 . .<br />
■ 392* '• •<br />
21 —<br />
INTANGIBLE ASSETS (AMORTIZABLE) 1484*<br />
. 1<br />
13716<br />
2640 8024 .<br />
(5)* (5)<br />
23129 9991<br />
52*<br />
23263<br />
22 853*<br />
26208<br />
LESS/ ACCUM AMORTIZATION<br />
58982 91166<br />
5646 154* 381106<br />
(51*<br />
1546<br />
(5)<br />
8<br />
23 16*<br />
76 113<br />
OTHER ASSETS 9 5630<br />
229046<br />
114* 94* 5271<br />
46*<br />
655<br />
428<br />
(5/<br />
1312<br />
16 100 6 3292 1353<br />
• 1771 12630 19822 5791 10239<br />
24 TOTAL LIABILITIES<br />
23796 11256<br />
19786456<br />
18102 123853<br />
25 ACCOUNTS PAYABLE<br />
16999 43937 171009 252748<br />
4193727 466237 893715<br />
1926<br />
377021 1411253<br />
26<br />
837852<br />
MORT., NOTES, BONDS UNDER 1 YR 7423 23435 51101 107051<br />
866756<br />
158097<br />
1707243 13671686<br />
1205549 1348* 1651* 13509<br />
51861 '62471 135383<br />
27 OTHER CURRENT LIABILITIES 136091 170499<br />
1535689<br />
12239 36066 3288389<br />
■ B22*<br />
43890<br />
2198 29557<br />
9764 24693<br />
28620<br />
28 LOANS FROM STOCKHOLDERS<br />
37862 56284 92907<br />
29529<br />
851616<br />
- 37703<br />
1347*<br />
80049<br />
3046* 5455<br />
21546<br />
3871*<br />
34993<br />
29 MORT., NOTES. BONDS OVER 1 YR••<br />
65181 82350 160377<br />
2840905<br />
1016013<br />
■ 383*<br />
1624 3920<br />
2510* 14638<br />
858 334<br />
30 OTHER LIABILITIES 522 6611<br />
1536246<br />
110 2031<br />
—<br />
6005* 27569<br />
336* 424*<br />
81797<br />
31 1480<br />
35452<br />
CAPITAL STOCK<br />
2927<br />
60661 165517 175731 293448<br />
1554421 7414 1977194<br />
■ 5127<br />
33893<br />
• 11795 39934<br />
7409 18857<br />
32 PAID-IN OR CAPITAL SURPLUS 24040 32006<br />
877804<br />
46493<br />
-<br />
49209 1360967<br />
1658*<br />
85880<br />
719*<br />
140848<br />
33 7758<br />
73853 48305<br />
RETAINED EARNINGS, APPROP<br />
88533 61307<br />
165903 2866* 9049 163304 786326<br />
■<br />
34<br />
■ -<br />
29122<br />
(51<br />
25598 29954<br />
RETAINED EARNINGS, UNAPPROP...• -<br />
75362 40374<br />
5934721 . 210363 444981<br />
4306 820<br />
14171<br />
13281<br />
•<br />
1497<br />
35 LESS, COST OF TREASURY STOCK<br />
12045 5450 66462<br />
88038 55177 103021 57826 8472<br />
■ 254*<br />
156475<br />
—<br />
316060<br />
141*<br />
130827 190470<br />
3184*<br />
241161<br />
3414 210955<br />
7242 517480 3994618<br />
36 TOTAL RECEIPTS<br />
1237 5507 1159 1415 5564 58921<br />
•<br />
31979549<br />
37 BUSINESS RECEIPTS<br />
108663* 43442 132711 342786<br />
31016553 104549* 681330 1235500 2044341 712834 966671<br />
INTEREST ON GOVT. OBLIGATIONS(<br />
42791 131670 334239 670113 1199198<br />
1462623<br />
1940179<br />
1625300 2876319 19747029<br />
38<br />
683835<br />
UNITED STATES<br />
928673 1386769 1521132 2734999 19338406<br />
• 39<br />
5789<br />
STATE' AND LOCAL<br />
.<br />
11 ■<br />
(5)*<br />
1610<br />
(5)* • 87* 163 335<br />
40 OTHER<br />
369<br />
■<br />
195<br />
INTEREST 109 123<br />
124801<br />
22 4375<br />
345* (5)* ■<br />
151* (51* 75<br />
1068<br />
42<br />
41 RENTS<br />
36 20 . 30 1407<br />
•<br />
182259 1723<br />
762<br />
101*<br />
1419<br />
85*<br />
6776<br />
42 3057<br />
2844<br />
ROYALTIES<br />
4481 11707 9681<br />
01 2477 11181<br />
16937 68781<br />
■<br />
32171<br />
43 ■<br />
NET ST<br />
12641<br />
■ 5716<br />
■<br />
CAP GAIN LESS 1...7 LOSS.<br />
19035 13029<br />
583 —<br />
22619 58424<br />
■ 42* 5<br />
■ 33* 8<br />
.<br />
1 . .<br />
44 NET L-T CAP GAIN LESS S—T LOSS. .<br />
15038<br />
3 64<br />
■<br />
246* ..<br />
16 48<br />
• 49*<br />
.<br />
45 NET GAIN,<br />
(5)<br />
NONCAPITAU ASSETS•••• 82*<br />
— 34<br />
1380 410<br />
■ 16*<br />
16*<br />
46<br />
1961<br />
DIVIDENDS. ■ 16*<br />
649 615<br />
DOMESTIC COW'S<br />
90 2724<br />
51070 . 311 ' 208 4187 4419<br />
47<br />
48<br />
■ (5)*<br />
341<br />
DIVIDENDS) FOREIGN CORPS 17 109 11<br />
5518 66* 303<br />
—<br />
65*<br />
.<br />
2492<br />
• 48 285<br />
OTHER RECEIPTS —<br />
215 . 2635 17<br />
.574867<br />
1679<br />
2035*<br />
43616<br />
246* 956<br />
(5)<br />
4324 7743 23131 — —<br />
2 5516<br />
49 TOTAL<br />
60091<br />
DEDUCTIONS<br />
12113 26398 42241 78485 95796 221308<br />
• 50<br />
30546188<br />
COST<br />
107396•<br />
OF SALES AND OPERATIONS<br />
42154 131082<br />
19798982<br />
329182 651910 1195519<br />
51<br />
1975709 694597<br />
COMPENSATION OF OFFICERS<br />
73691* 30490 96552 927046 1410015 1574864<br />
136182<br />
228391<br />
154 466794 2728547 18778167<br />
1112*<br />
833545 1328317<br />
52 REPAIRS<br />
3483 • 9501<br />
448055 620903 951277 1018326<br />
112927 238<br />
1722341 11980300<br />
36*<br />
12956<br />
465<br />
27359<br />
728<br />
22920<br />
• 53 BAD DEBTS<br />
7414 6169 5737 6953<br />
122423<br />
9466<br />
158* 1177 22958<br />
(51* 4746<br />
426*<br />
5394 2484<br />
54 RENT PAID ON BUSINESS PROPERTY<br />
2134 4875 5642<br />
678476<br />
947 12646<br />
4655*<br />
' 908 72362<br />
2186 2315<br />
5039<br />
4318<br />
55 TAXES PAID<br />
9507<br />
1908 2421 3757 4808<br />
644389<br />
9175<br />
1441* 19204 91282<br />
571<br />
35800<br />
2188<br />
59525<br />
Vo 56 5698<br />
26419<br />
INTEREST PAID<br />
23456 43926 35834<br />
425255<br />
52087<br />
292<br />
9178 17324 360838<br />
235* 760<br />
32951<br />
57 13437<br />
CONTRIBUTIONS OR GIFTS 1158<br />
20366 24273 37727<br />
20978<br />
73952<br />
86* 1514<br />
405283<br />
(51* 84*<br />
4343 8861<br />
58 AMORTIZATION<br />
124<br />
4126 5934<br />
374<br />
12039 14275 38567<br />
955<br />
333151<br />
■ 1*<br />
611<br />
151*<br />
1728<br />
•<br />
639<br />
59 DEPRECIATION<br />
16* (5)*<br />
1055 1172 1117 3443<br />
409745<br />
10545<br />
692* 41*<br />
126<br />
105<br />
719<br />
192<br />
60 DEPLETION<br />
3470<br />
297 7 0 16<br />
484<br />
5837 10548 18550 270<br />
■<br />
61 —<br />
6999<br />
ADVERTISING<br />
12557<br />
-<br />
16663 22816<br />
. 864488<br />
46049 264719<br />
3236* 430 2108<br />
81<br />
• 6323<br />
3 (5) 400 ■<br />
62 PENSION, PROF SH.IANNUITY PLANS 154433 14965 (5) —<br />
3<br />
. 29935<br />
(5)*<br />
50093<br />
63 127* 337<br />
20671<br />
976*<br />
22668<br />
OTHER EMPLOYEE BENEFIT PLANS 35000 39879 51811<br />
19068<br />
587369<br />
129<br />
4410<br />
151*<br />
4597<br />
64 59*<br />
1506<br />
227<br />
1896 3884<br />
NET LOSS. NONCAPITAL ASSETS•..• 4398 14196 118103<br />
5101<br />
111* 995<br />
... 1763<br />
- 48*<br />
801 197<br />
65 OTHER DEDUCTIONS<br />
—<br />
741 305 4475<br />
7152302<br />
9265<br />
22621* 6967<br />
(5)<br />
19072<br />
560<br />
62707<br />
24<br />
117916<br />
473<br />
223547<br />
33<br />
435946<br />
1051<br />
159919<br />
1877 1035<br />
66 TOTAL RECEIPTS LESS DEDUCTIONS..•<br />
206520 306231 381723<br />
1433361<br />
688446 4520687<br />
'41,' 1267*<br />
67 CONSTR TAX INC FM REL FOR CORP111 1288 1629 13604<br />
2048<br />
29420 39981<br />
■<br />
.<br />
68632 ' 18237 39625<br />
68 NET INCOME (LESS DEFICIT)(2) .<br />
52608 50436 147772<br />
1433799<br />
968862<br />
69 NET INCOME<br />
1267* 1288 1629<br />
1491605<br />
13604<br />
2774*<br />
29420 39981 . 2048<br />
2402*<br />
68557<br />
3800<br />
18195<br />
• 15783<br />
39589 52588 50436 • 70 DEFICIT<br />
147742<br />
57806<br />
969503<br />
1507*<br />
31981<br />
1114*<br />
51751 72944<br />
2171* 2179<br />
27894 39858<br />
52621 50662 155880<br />
9699<br />
983255<br />
71 RETURNS NET INCOME OTHER (LESS THAN FORM DEFICIT) 1120.51 2561* 11770* 4387 269 3 3<br />
6 226 •<br />
1422797 1408* 8138 72 STATUTORY SPECIAL DEDS•, TOTAL.<br />
1524 1629<br />
13752<br />
83839<br />
10646<br />
362*<br />
26563 34967<br />
73 ■ 423*<br />
68007<br />
736<br />
18195 39589<br />
NET OPERATING LOSS CARRYFRO..<br />
52588 50436<br />
34559<br />
147742 969503<br />
362*<br />
594*<br />
..<br />
4937<br />
74 423*<br />
3620<br />
736<br />
4452<br />
DIVIDENDS RECEIVED DEDUCTION. 545*<br />
181 3821 584<br />
49280 4889* 1506 2787 61342<br />
■ ■ 15)*<br />
4224 ■<br />
• 75 DEO FOR DIV PD, PUB UTIL STK.<br />
1582 569 1359 18364<br />
■<br />
49*<br />
■ —<br />
48* 2114 '<br />
1;1 76 WESTERN HEMISPHERE TRADE DEO.<br />
228 181 2239<br />
—<br />
■<br />
15<br />
■<br />
1428 42978<br />
■ ■<br />
— ■<br />
77 INCOME SUBJECT TO TAX ■<br />
■<br />
.<br />
1394428 2412*<br />
■<br />
■<br />
• 78 INCOME 1863* 3377*<br />
■<br />
TAX (BEF CREDITS), TOT(31• 12075<br />
- -<br />
.<br />
661491 932* 467*<br />
26970<br />
994*<br />
41798 68842<br />
79 SURCHARGE<br />
3359<br />
23435 39692<br />
10697<br />
48802 50078<br />
5931 -<br />
153097 921987<br />
(5)* 17611<br />
(5)*<br />
30972<br />
80 TAX RECOMP PRIOR 16 11031<br />
80<br />
19004<br />
YEAR INV. CR<br />
23418 23650<br />
730 146 73101 446255<br />
■ 250 81 FOREIGN TAX<br />
■<br />
CREDIT<br />
91 162<br />
■<br />
136 269<br />
5360 —<br />
616 4165<br />
■ . .<br />
16<br />
82 INVESTMENT CREDIT .<br />
30<br />
.<br />
31 84<br />
. 3<br />
22262<br />
16<br />
205<br />
■<br />
25 525<br />
451* 133<br />
..<br />
83 NET INCOMMESS DEF) AFTER TAX(4) 131 — 10<br />
794570 540*<br />
2 5348<br />
821<br />
309<br />
• 635<br />
1124<br />
84 NET INCOME AFTER TAX<br />
10378<br />
272<br />
18854<br />
810 1165 1848<br />
852441 2047*<br />
3405 12860<br />
1935*<br />
22679<br />
2806<br />
38709<br />
12557<br />
7436<br />
85 ESTIMATED TAX PAYMENTS<br />
21395 30335 28634<br />
373936 78046<br />
132 21415 536108<br />
.<br />
34449 43097 17159<br />
86 FORM 1120.5 NET INCOME (LESS DEF)<br />
21664<br />
■<br />
30368 28863<br />
11002<br />
86188<br />
-141*<br />
754* 549893<br />
(.236*.<br />
6529 7397<br />
2958* 2857*<br />
10776<br />
DISTRIBUTIONS TO STOCKHOLDERS,<br />
8859<br />
5014* 550<br />
12995<br />
-<br />
38479 288015<br />
■ ■ .<br />
87 CASH 8 PROP EXCEPT OWN STOCK<br />
.<br />
■<br />
. 441807<br />
88 CORPORATION'S OWN STOCK<br />
165* 545* 466*<br />
17037<br />
5676 3515*<br />
■<br />
...<br />
8207 9458 3726<br />
■<br />
230* 1213*<br />
9051<br />
SELECTED INVESTMENT ITEMS,<br />
8671 9915<br />
■ 535* 333<br />
31349<br />
1499<br />
351063<br />
89 COST OF PROP. USED FOR INV. CR<br />
763 1738 11526 ■<br />
. 440250<br />
90 207<br />
INVESTMENT QUALIFIED FOR CREDIT 338548<br />
.<br />
■<br />
127* 3272 8707 11431 22167<br />
91 191 42*<br />
6529<br />
2970 2833<br />
12819<br />
TENTATIVE INVESTMENT CREDIT•.•.<br />
26338 27571<br />
23546<br />
44981<br />
13<br />
6350 20643 276101<br />
- (5)*<br />
5675<br />
92 166 163<br />
11420<br />
INVESTMENT CREDIT CARRYFORWARD<br />
14978 24356 35538<br />
12422 499 440 1433 213552<br />
85<br />
395<br />
93 UNUSED INVESTMENT CREDIT 199<br />
17*<br />
801 1049 1704<br />
13724<br />
2488<br />
307<br />
14894<br />
.<br />
758<br />
85<br />
437<br />
246<br />
140*<br />
49*<br />
157<br />
889<br />
687 489<br />
750 263*<br />
1019<br />
148<br />
7935<br />
FOOTNOTES AT BEGINNING AND END OF FILM<br />
372 345 101 9969<br />
U.• S. TREASURY DEPARTMENT ■<br />
INTERNAL R57806 SERVICE<br />
•<br />
•