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•<br />

.111<br />

•<br />

•<br />

ON 4 AD • 0 11.721 721-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 OF TOTAL ASSETS<br />

RETURNS WITH AND WITHOUT NET INCOME<br />

• 269<br />

MINOR INDUSTRY 5293<br />

ITEM<br />

TOTAL<br />

ZERO<br />

ASSETS<br />

)SIZE OF TOTAL ASSETS AND MONEY FIGURES IN THOUSANDS OF DOLLARS)<br />

OVER ZERO SO<br />

SIZE OF TOTAL ASSETS<br />

. 100 250 500 1,000<br />

UNDER UNDER<br />

59000<br />

UNDER UNDER UNDER UNDER 100 250<br />

UNDER<br />

500 10000 5,000 10,000<br />

400<br />

10,000<br />

UNDER<br />

25,000<br />

0 4 106<br />

11 102<br />

TEADEt MAIL, Miscellaneous rututl ctortm<br />

Jewelry stereo<br />

25,000 50,000<br />

UNDER UNDER<br />

50,000 1000000<br />

NUMBER OF RETURNS WITH AND WITHOUT NET INCOME<br />

1 TOTAL<br />

2<br />

6727<br />

WITH NET INCOME<br />

a<br />

2082<br />

5097<br />

681 .<br />

1<br />

3 WITHOUT NET INCOME<br />

2<br />

254<br />

Igg 1762<br />

120<br />

1<br />

1<br />

2<br />

4 FORM 1120+S<br />

880<br />

609 254<br />

11;51i<br />

101<br />

1<br />

950<br />

72* .<br />

19*<br />

•<br />

454 77* 1 2<br />

5 TOTAL ASSETS 1298788 ■<br />

6 CASH<br />

22516<br />

95182<br />

•<br />

77802<br />

2464<br />

7 NOTES AND ACCOUNTS RECEIVABLE<br />

15823 22666 15463<br />

387827<br />

-<br />

0. 35000 150428 316::: * 227574 172326 213255<br />

4!:::<br />

8 6510<br />

LESS, ALLOWANCE FOR BAD DEBTS<br />

93151 76986<br />

12254 82262<br />

5:::<br />

■ 12::: 4,11g<br />

9<br />

169* 4 1:0:<br />

INVENTORIES<br />

3701<br />

671:: 2715<br />

143<br />

•<br />

547545<br />

19598<br />

INVESTMENTS IN GOVT. OBLIGI<br />

77967 156413 86493 71912 84056<br />

3801 16552 30753<br />

10 UNITED STATES<br />

4104* -<br />

■<br />

•<br />

11 STATE AND LOCAL<br />

85<br />

2279*<br />

-<br />

1638*<br />

12 OTHER CURRENT ASSETS<br />

)5)<br />

42<br />

105 :::*<br />

-<br />

-<br />

■ 763 ■<br />

13 LOANS TO STOCKHOLDERS<br />

2263<br />

24904<br />

3954 -<br />

13046<br />

720<br />

4 13334 2717<br />

14 MORTGAGE AND REAL ESTATE LOANS<br />

.<br />

132*<br />

—<br />

•<br />

■<br />

15 OTHER INVESTMENTS (5)8<br />

77 /:: * -<br />

16 DEPRECIABLE ASSETS<br />

1111<br />

0<br />

152899 . 12828<br />

■<br />

17<br />

21875 40879<br />

LESS. ACCUM DEPRECIATION<br />

30713 12018 28101<br />

• 81865<br />

294<br />

1 :41:: 2 ::::<br />

18 DEPLETABLE ASSETS<br />

E* 1379 1 22649<br />

(5)*<br />

11807<br />

4i<br />

;<br />

220 3958 2571<br />

19<br />

-<br />

LESS, ACCUM DEPLETION (5)*<br />

■<br />

■<br />

— -<br />

20 LAND 8770<br />

-<br />

.<br />

.<br />

.<br />

• 21<br />

1<br />

INTANGIBLE ASSETS (AMORTIZABLE)<br />

1709*<br />

781 178ii<br />

■ (5) 2962 212<br />

22<br />

5<br />

LESS, ACCUM AMORTIZATION 3 7::<br />

383 ■<br />

.<br />

.<br />

23 OTHER ASSETS<br />

5 261*<br />

.<br />

•<br />

' -.<br />

• 25933 .0 1452 2850 911: * 3867 :052: 4183<br />

81<br />

1 339<br />

24 TOTAL LIABILITIES 1298788 - 35000 150428<br />

25 ACCOUNTS PAYABLE<br />

316604 2:70 51 71 ‘0I 172326<br />

266594<br />

-<br />

213255<br />

2251 95182<br />

• 26 WORT., NOTES, BONDS UNDER 1 YR<br />

8745 26271 73238<br />

111452<br />

■ 2841<br />

39273 6 4::::<br />

27 11808<br />

.<br />

37227<br />

OTHER CURRENT LIABILITIES<br />

22599 14321 !NV<br />

2570<br />

877 233 13368<br />

28 LOANS FROM STOCKHOLDERS 18713<br />

32626<br />

14131 5725<br />

36 744<br />

• 29<br />

5036 7994<br />

MORT., NOTES, BONDS OVER 1 YR••<br />

8353<br />

■<br />

30<br />

72159 ■<br />

OTHER LIABILITIES<br />

5893 (1142<br />

122618 -<br />

!:;!: I!!<br />

2889<br />

. 6102 15625 12518<br />

31 CAPITAL STOCK<br />

6160<br />

236319<br />

551 15475<br />

•<br />

- 12997<br />

32 PAID—IN OR CAPITAL SURPLUS<br />

49498 58804<br />

59317<br />

:iiii:<br />

-<br />

:::775 !;;;;*<br />

2275 2848 11'07<br />

33 RETAINED EARNINGS, APPROP<br />

3143<br />

-<br />

3823<br />

14101<br />

212<br />

-<br />

4822<br />

7407<br />

142:3<br />

34 RETAINED EARNINGS, UNAPPROP•••• 0.<br />

•<br />

330793<br />

4786*<br />

■ .13iii*<br />

3% LESS. COST OF TREASURY STOCK<br />

35065<br />

15446<br />

75310T1* 66518 6:7:7<br />

■ ■ 4190<br />

* 4iiii:<br />

034<br />

3852*<br />

1193<br />

.<br />

. 11 1 12!<br />

36 TOTAL RECEIPTS 1741598<br />

•<br />

38 57348<br />

37 BUSINESS RECEIPTS.,<br />

249171 447476<br />

1615392<br />

323859<br />

37<br />

251620<br />

55972<br />

29:::: *<br />

238911<br />

INTEREST ON GOVT. OBLIGATIONS,<br />

419812<br />

37941<br />

301655<br />

7::::<br />

226764 280103<br />

:::: 32802<br />

38<br />

56896<br />

UNITED STATES 101<br />

39 STATE AND LOCAL<br />

(5)<br />

16* 16* 66*<br />

3*<br />

■<br />

.0<br />

■<br />

40 OTHER INTEREST<br />

■<br />

9465<br />

3* ■<br />

*<br />

82*<br />

-<br />

49*<br />

.0 .<br />

41 RENTS<br />

1924 2841<br />

2497<br />

567<br />

• 1347<br />

87::<br />

120 641<br />

42 ROYALTIES<br />

1 • .<br />

•<br />

646* 312*<br />

.<br />

3:836*<br />

2<br />

53<br />

43 NET 6•1 CAP GAIN LESS L-T LOSS. .<br />

.<br />

49 -<br />

.<br />

1 .<br />

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

42 7<br />

1329<br />

(5)*<br />

•<br />

—<br />

—<br />

• 45 1 ::: •<br />

NET GAIN, NONCAPITAL ASSETS<br />

87 66*<br />

—<br />

—<br />

46<br />

-<br />

(5)* (51*<br />

113;18<br />

DIVIDENDS. DOMESTIC CORPS<br />

43* 2246*<br />

411<br />

(5)*<br />

•<br />

34<br />

47<br />

• .<br />

DIVIDENDS, FOREIGN CORPS<br />

44<br />

.<br />

32*<br />

. 131*<br />

930<br />

48<br />

■<br />

46 OTHER RECEIPTS .<br />

.<br />

110157 1 8120 21810 •<br />

—<br />

0-<br />

19297 23728 16701<br />

292 4936<br />

49 TOTAL DEDUCTIONS 1636726<br />

38<br />

50 COST OF SALES AND OPERATIONS<br />

59312 233541 420470<br />

896756<br />

302431<br />

21<br />

236493 279553<br />

2480 33556 :::::<br />

51 COMPENSATION OF OFFICERS<br />

29863 136098 224927<br />

82572<br />

173489<br />

-<br />

122838<br />

8614<br />

154548<br />

16g ,01:<br />

52 REPAIRS<br />

20747 23722 13604 6427 8679<br />

79<br />

53<br />

37:::<br />

BAD DEBTS<br />

(5(<br />

1179<br />

20119<br />

.<br />

2724 679 790<br />

7 : .<br />

8 173 204<br />

54 RENT PAID ON BUSINESS PROPERTY<br />

2147 4379<br />

65702<br />

4 4:7i<br />

2847 4253<br />

.<br />

10790<br />

103 317<br />

55<br />

165<br />

TAXES PAID 16727<br />

32319<br />

1:::: 9788<br />

1<br />

10981<br />

1220 4610<br />

-<br />

95<br />

56<br />

551 1768<br />

INTEREST PAID<br />

10611<br />

5086<br />

5663<br />

42<br />

57<br />

.<br />

CONTRIBUTION5 OR GIFTS<br />

248 041<br />

2306 .<br />

41::<br />

(5) 110<br />

-<br />

I:::<br />

348 71:7<br />

58 1686<br />

AMORTIZATION 1 :9 7,<br />

40<br />

117<br />

59 ao<br />

604 284<br />

DEPRECIATION 3* 3* 2<br />

12327 -<br />

16*<br />

54*<br />

a<br />

■<br />

60 DEPLETION<br />

7<br />

1029 1897 3586<br />

2155<br />

18<br />

61 -<br />

270 770<br />

ADVERTISING<br />

-<br />

15)<br />

■<br />

54501<br />

.<br />

■<br />

62 PENSION, PROF SH,<br />

15)<br />

, 927<br />

ANNUITY PLANS 6341<br />

7<br />

5613<br />

9952 10917<br />

.<br />

36<br />

IT<br />

63 OTHER EMPLOYEE BENEFIT PLANS.,<br />

.<br />

126* I 7:::<br />

906<br />

1;617:i 101:*<br />

46<br />

64<br />

1ff;<br />

NET LOSS, NONCAPITAL ASSETS<br />

84 243<br />

151<br />

.<br />

•<br />

60*<br />

3<br />

7728:<br />

6* .<br />

/35<br />

65 OTHER DEDUCTIONS<br />

14*<br />

■<br />

445163 36*<br />

12 121 : 49273 .<br />

117251 78:10:<br />

4<br />

76405<br />

-<br />

726 1103422495<br />

66 TOTAL RECEIPTS LESS DEDUCTIONS•..<br />

•<br />

104872<br />

67 CONSTR TAX INC FM REL FOR CORPII)<br />

.1984 15680 27006 21428 15127 18251<br />

■ . 1184<br />

68<br />

.<br />

3825<br />

NET INCOME (LESS DEFICIT)(2) 104738<br />

(5) .<br />

69 NET INCOME<br />

15630 27006<br />

18248<br />

4<br />

• 70<br />

114866<br />

DEFICIT<br />

(5)<br />

150:8<br />

- 171f : 17119 31305<br />

10128<br />

: 1::: 15078 19297<br />

77:: 4385 ::::<br />

RETURNS OTHER THAN FORM 1120-Se<br />

3142 1489 4299<br />

1049*<br />

71<br />

—<br />

NET INCOME (LESS DEFICIT) 99845<br />

(5)<br />

72 STATUTORY SPECIAL DEDS.1 TOTAL.<br />

-1369 13577 24492<br />

4918<br />

20780 14986 17985<br />

4385<br />

73<br />

31:<br />

-<br />

NET OPERATING LOSS CARRYFRO..<br />

169* 1525 672<br />

3862 755<br />

1:::<br />

508<br />

74 DIVIDENDS RECEIVED DEDUCTION<br />

169*<br />

640*<br />

:22"<br />

678.(5)* -<br />

468<br />

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

Ili 32*<br />

. 98*<br />

■<br />

711<br />

40<br />

76<br />

■<br />

15<br />

WESTERN HEMISPHERE TRADE DED ■ ■<br />

—<br />

-<br />

■<br />

77 INCOME SUBJECT TO TAX<br />

.0 ■<br />

■<br />

(5)<br />

.<br />

■<br />

653<br />

20799<br />

0<br />

78 INCOME TAX (BEF CREDITS), TOT(3) 12514 til<br />

1(317:72 451<br />

18304<br />

87<br />

.<br />

393 3877<br />

79 SURCHARGE<br />

3810<br />

563<br />

8442 -<br />

-<br />

183<br />

195<br />

1871<br />

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

3igf<br />

1:Iii 150 -<br />

-<br />

IP<br />

33 81 FOREIGN TAX CREDIT .<br />

33<br />

.<br />

. -<br />

-<br />

■<br />

82 INVESTMENT CREDIT<br />

-<br />

16<br />

1<br />

■<br />

68028<br />

412<br />

1<br />

-<br />

.<br />

83 NET INCOMEILESS DEFT AFTER TAX 141<br />

84<br />

96<br />

15) .2<br />

17<br />

1<br />

IIP 84 NET INCOME AFTER TAX<br />

1;/: 12432 19541<br />

78156<br />

8992<br />

(5)<br />

91::<br />

.<br />

10 9 1 13921 23840<br />

2!2<br />

=I 8992<br />

67 1 121<br />

85 ESTIMATED TAX PAYMENTS 3811<br />

.<br />

10195171 . 1002<br />

115*<br />

2521<br />

■<br />

' 1939*<br />

2311<br />

86 FORM 1120-S NET INCOME (LESS OEF) 4893<br />

32*<br />

■ 725 1000<br />

DISTRIBUTIONS TO STOCKHOLDERS,<br />

.595* 2053 2:::: 566<br />

92 263<br />

.<br />

87 CASH & PROP EXCEPT OWN STOCK... 8253 ■<br />

88 CORPORATION , S OWN STOCK<br />

(5 1* 544*<br />

8247*<br />

705* 780* 1217<br />

341<br />

■<br />

- —<br />

2979<br />

SELECTED INVESTMENT mt.'s,<br />

16*<br />

1883* - 3296 IN; 19::<br />

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

00 0301 - 348*<br />

INVESTMENT OUALIFIE0 FOR<br />

509 2567 1293 500 1696<br />

O<br />

•<br />

91<br />

CREDIT<br />

TENTATIVE INVESTMENT CREDIT....<br />

7085<br />

92 INVESTMENT CREDIT CARRYFORWARD.<br />

372 93 UNUSED INVESTMENT CREW<br />

191 ■<br />

148 .<br />

FOOTNOTES AT BEGINNING AND END OF FILM<br />

U. S. TREASURY DEPARTMENT - INTERNAL REVENUE SERVICE<br />

7:7:<br />

(5)*<br />

339<br />

15)<br />

84<br />

21?:<br />

12:8<br />

100,000<br />

UNDER<br />

2500000<br />

.<br />

■<br />

■<br />

0<br />

.<br />

.<br />

.<br />

.<br />

.<br />

.<br />

-<br />

-<br />

.<br />

.<br />

.<br />

7<br />

-<br />

.<br />

.<br />

-<br />

250,000<br />

OR MORE<br />

.<br />

.<br />

•<br />

.<br />

.<br />

•<br />

.<br />

-<br />

■<br />

.<br />

0<br />

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-<br />

■<br />

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•<br />

IA<br />

4<br />

I<br />

0<br />

49<br />

I<br />

I<br />

•<br />

0<br />

2<br />

I<br />

I<br />

I<br />

1<br />

0<br />

ct.<br />

I

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