1 - Internal Revenue Service
1 - Internal Revenue Service
1 - Internal Revenue Service
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
L OVERLAP R LP-722<br />
722-RP<br />
1967 CORPORATION<br />
SOURCE BOOK OF STATISTICS OF INCOME<br />
ACTIVE CORPORATION INCOME TAX RETURNS. JULY 1967 JUNE 1968<br />
RP-406 62<br />
270 S<br />
RETURNS WITH AND WITHOUT NET BALANCE INCOME SHEET. INCOME STATEMENT. TAX. AND INVESTMENT CREDIT ITEMS, BY INDUSTRY GROUP ANC BY SIZE OF TOTAL ASSETS<br />
MINOR INDUSTRY 5298 C<br />
• •<br />
ITEM<br />
TOTAL<br />
TRADE: RETAIL: Miscellanowus retail stores'<br />
(SIZE OF TOTAL ASSETS AND MONEY FIGURES IN THOUSANDS OF DOLLARS)<br />
Miscellaneous retail stores, except drug<br />
OVER ZERO 50 SIZE OF TOTAL ASSETS<br />
liquor, and Jewelry stores<br />
. 100 250<br />
ZERO UNDER<br />
500<br />
UNDER<br />
1.000<br />
UNDER<br />
5.000 10.000 25,000 50.000 100.000<br />
ASSETS<br />
UNDER<br />
50 100<br />
UNDER<br />
250 •<br />
UNDER UNDER<br />
500<br />
UNDER . 1.000<br />
UNDER<br />
5 0<br />
UNDER<br />
000<br />
UNDER<br />
10,000<br />
250.000<br />
25,000 50.000<br />
11<br />
100.000 250,000 OR MORE<br />
NUMBER OF RETURNS WITH AND WITHOUT NET<br />
1 TOTAL<br />
INCOME<br />
40069<br />
2 WITH NET INCOME<br />
1152 18481 8472<br />
26084 2443<br />
9897<br />
1226<br />
6578<br />
480<br />
754: 7<br />
3 WITHOUT NET INCOME<br />
252<br />
2066 8<br />
415<br />
3<br />
13985 900 1107<br />
7<br />
4 FORM 1120.6<br />
8584 1894 377<br />
7 -1<br />
3<br />
7092<br />
2044<br />
113* 3407<br />
65 1<br />
1 4::<br />
11 1 -<br />
S TOTAL ASSETS<br />
.<br />
6 CASH<br />
393778 609983 1210070<br />
52:7:::<br />
853042<br />
.<br />
82::::<br />
50299<br />
890045<br />
7 NOTES AND ACCOUNTS RECEIVABLE<br />
80647 13:561749<br />
37416 UT; soae7 192628<br />
1418231<br />
- 86105<br />
77946<br />
149782<br />
66780<br />
B LESS, ALLOWANCE FOR BAD DEBTS 341344 259250 245613<br />
623<br />
279632<br />
■<br />
37544 ■<br />
9 INVENTORIES 947 1667 8725 28396 2329<br />
1354314<br />
6887<br />
17634<br />
e<br />
138030 184598 339795<br />
65<br />
215033<br />
282 306<br />
INVESTMENTS IN GOVT. 188410<br />
7:::<br />
■<br />
OBLIG.<br />
207028 :141:<br />
10<br />
14093<br />
UNITED STATES<br />
1145 10;70<br />
11<br />
19526<br />
STATE AND LOCAL<br />
86 3084<br />
15151<br />
2875 1203 4746<br />
■ 5454 C<br />
12 OTHER CURRENT ASSETS -<br />
94430 4313<br />
Ili.<br />
19011<br />
73<br />
■ -<br />
13 LOANS TO STOCKHOLDERS 18764<br />
43845<br />
14926 14:::*<br />
6391<br />
1581 932<br />
14 MORTGAGE AND REAL ESTATE LOANS. 4703<br />
97<br />
14814<br />
4023<br />
947<br />
■ .<br />
0<br />
15 OTHER INVESTMENTS 1::123,<br />
304636 - 52E 11512 37925 .<br />
6iiii:<br />
. .<br />
16 DEPRECIABLE ASSETS 73927 2575<br />
.<br />
17<br />
2117392<br />
LESS. ACCUM DEPRECIATION<br />
- 160184 248469<br />
8363<br />
1012717<br />
507935 361095<br />
18 DEPLETABLE ASSETS<br />
..<br />
338985<br />
85264<br />
327 1329*<br />
42378<br />
. .<br />
130095 243858 162474 187127<br />
29556<br />
131927<br />
125397<br />
4<br />
19<br />
1iiii<br />
LESS, ACCUM OEPLETION<br />
1517 1521*<br />
1!:711<br />
20 LAND<br />
1 :t: 7 924<br />
61<br />
792* ::: -<br />
33<br />
- 14609 47930<br />
3<br />
-<br />
6<br />
21<br />
125277<br />
INTANGIBLE ASSETS (AMORTIZABLE) 14743 -<br />
5057 1 4636 30724 21666<br />
4067<br />
21416 27:::*<br />
3328<br />
1673<br />
22<br />
158 258<br />
23 OTHER LESS. ASSETS ACCUM AMORTIZATION 4 5852.<br />
1342 180120 1306<br />
1084<br />
:Ili<br />
24421 21396 41300 1320 630<br />
94<br />
856<br />
-<br />
:::*<br />
19974<br />
41<br />
34562 24087<br />
-<br />
24 TOTAL LIABILITIES<br />
884 3431<br />
5154436<br />
25 ACCOUNTS PAYABLE<br />
393778 609983 1210070<br />
1061907<br />
833842 826894 890045 3:::: 128893<br />
26 MORT., NOTES. BONDS UNDER 1 YR<br />
30887 19::::<br />
6<br />
138647<br />
545367<br />
254478 .<br />
-<br />
189870<br />
41186<br />
199769<br />
63621<br />
161195<br />
27 127413 52:8<br />
84977<br />
21151<br />
OTHER CURRENT LIABILITIES<br />
1032<br />
.<br />
273464<br />
28 LOANS FROM STOCKHOLDERS<br />
23332<br />
::7::<br />
35766<br />
110553<br />
57914<br />
1527<br />
221356<br />
42140<br />
19001<br />
64:73<br />
14612<br />
. . 6<br />
29 68785<br />
3013<br />
MORT., NOTES, BONDS 36788<br />
12399<br />
565<br />
. OVER 1 YR<br />
.<br />
42486<br />
-<br />
30 648866 ■<br />
OTHER LIABILITIES<br />
52078 128820<br />
.<br />
:1172 58 4 55<br />
.<br />
128385<br />
.<br />
148586<br />
■<br />
2742<br />
31 20370<br />
27165<br />
CAPITAL STOCK<br />
11634 10540 25885 8850 10::::<br />
.<br />
::::<br />
.<br />
1010756 25461<br />
140172<br />
4<br />
153590<br />
36841<br />
32 PAID-IN OR CAPITAL SURPLUS 230136 149348 164414 1 .<br />
195133 : ;64::<br />
33<br />
6312 ::::<br />
RETAINED EARNINGS. APPROP<br />
2:111:<br />
34 28012<br />
sloa 35176 iliii<br />
RETAINED EARNINGS, UNAPPROP..., 1083977<br />
.<br />
. 22442 20091<br />
2255<br />
16326<br />
3893<br />
.. 1;1<br />
6722<br />
109690<br />
7390<br />
286422<br />
349<br />
196:7: * -<br />
241324 23 V:<br />
0<br />
35 LESS1 COST OF TREASURY STOCK<br />
.<br />
216439<br />
.<br />
■<br />
62988<br />
. 6011 7201<br />
14232<br />
12754 19384<br />
6456<br />
-<br />
10027<br />
36 TOTAL RECEIPTS<br />
13::: 312 11 17:<br />
11207479<br />
. 4<br />
37 BUSINESS RECEIPTS<br />
53894 1231513 1586731<br />
10959576<br />
2912726<br />
52314<br />
1793779<br />
INTEREST ON GOVT. OBLIGATIONS,<br />
1217965<br />
1766587<br />
1564753 1576456<br />
2860139<br />
4::::<br />
1761385<br />
144674<br />
1718891<br />
9569<br />
38<br />
1522132<br />
86948<br />
42587<br />
UNITED STATES<br />
132144<br />
780:4<br />
4<br />
39<br />
771<br />
STATE AND LOCAL<br />
(5)<br />
(5)<br />
42 130<br />
235<br />
..<br />
53<br />
...<br />
428 . 7<br />
-<br />
40 OTHER INTEREST 22065<br />
8*<br />
.<br />
65<br />
18<br />
448<br />
- m<br />
41 RENTS<br />
1575<br />
49<br />
■<br />
4986<br />
■<br />
39013 (5)<br />
3908<br />
1837 5386<br />
4662 5472<br />
..<br />
114<br />
43<br />
6895 4723<br />
261<br />
0<br />
42 ROYALTIES<br />
43<br />
910<br />
■ 580 584 5<br />
3 NET S (5)<br />
■ T CAP GAIN LESS L-T LOSS. - 6 639<br />
178<br />
-<br />
■<br />
-<br />
74<br />
44 3 341<br />
7:ii -<br />
NET L-T CAP GAIN LESS S..T LOSS.<br />
-<br />
1<br />
..<br />
66<br />
-<br />
1 294<br />
590* 51 - -<br />
4<br />
45 NET GAIN, NONCAPITAL ASSETS<br />
571 611 6031<br />
7 ■ (51<br />
■<br />
7 340* 549<br />
1443<br />
46 10g<br />
1532<br />
937<br />
78<br />
DIVIDENDS, DOMESTIC CORPS 1:7:<br />
684 5<br />
47<br />
5356<br />
310 313<br />
DIVIDENDS. FOREIGN CORPS<br />
(5) (5)<br />
1094<br />
327 745<br />
12<br />
.<br />
15 . .<br />
1255<br />
-<br />
1782 239 I<br />
48 OTHER RECEIPTS 630 289<br />
161002 585 10143 13255 31729<br />
-<br />
20220 31730<br />
.<br />
3982;<br />
49 TOTAL DEDUCTIONS<br />
691 4814 308 7700.<br />
10953691<br />
S<br />
50 COST OF SALES AND OPERATIONS<br />
54486 1228343 1543787 2843962<br />
7692436 37563<br />
1751836<br />
784505 1023324<br />
1727211<br />
51<br />
1532380 41413<br />
COMPENSATION OF OFFICERS 2014378 137633 9691 82949<br />
458557<br />
98148<br />
1263413<br />
103819<br />
69800<br />
52 1<br />
1126935<br />
REPAIRS<br />
1782 26677 92082<br />
1247087<br />
3912 49847<br />
47725<br />
17761<br />
240<br />
60245<br />
5838 6595<br />
25875 I<br />
53 BAD DEBTS<br />
1466 1818 114 442<br />
41098<br />
12858<br />
143 3297<br />
6235<br />
3364<br />
8750 6613 142<br />
54 RENT PAID ON BUSINESS PROPERTY<br />
331 52<br />
217632<br />
11110 71<br />
1612 48942<br />
9168<br />
43901<br />
5536<br />
55 TAXES PAID 56467<br />
7366 58 334 105<br />
173472<br />
617<br />
873 22061<br />
23066<br />
27773<br />
21736<br />
47748<br />
15168 47<br />
56 INTEREST PAID<br />
595 5845 .• 41 259<br />
75187 258<br />
27259<br />
4673<br />
23811<br />
7572<br />
19227 887<br />
57 CONTRIBUTIONS OR GIFTS 1806 243 1784<br />
. 2842<br />
16850<br />
(5)* 11838<br />
56 263<br />
10336<br />
58<br />
15755<br />
AMORTIZATION 598 265 2754 336 4550<br />
1500 1*<br />
409<br />
293<br />
495<br />
352<br />
785 -<br />
I<br />
59<br />
135<br />
DEPRECIATION<br />
195 72 . 29<br />
184862<br />
.<br />
926<br />
156<br />
18671<br />
131<br />
60<br />
42<br />
DEPLETION 23281<br />
296 . 34<br />
449<br />
45475<br />
(51*<br />
33312<br />
203*<br />
26253<br />
61 34<br />
22830<br />
ADVERTISING<br />
366 5568 1425<br />
121896 16 6755<br />
1052<br />
-<br />
11983 18694<br />
5 25 ■ ■ . -<br />
62 PENSION. PROF SH•.ANNUITY PLANS 25529<br />
41778<br />
166<br />
39<br />
14663<br />
328 -<br />
16780<br />
63 2604<br />
13164<br />
5261<br />
658<br />
OTHER EMPLOYEE BENEFIT PLANS<br />
2564 .. 552 . ■<br />
11412 5446<br />
■ 301 1526<br />
4310<br />
64<br />
5762<br />
2495 •<br />
661<br />
NET LOSS, NONCAPITAL ASSETS<br />
385 67 666<br />
3317<br />
.<br />
. 1529<br />
1818 .<br />
322<br />
2803<br />
831<br />
1836 S<br />
65 OTHER DEDUCTIONS<br />
57 193 ■ 383 .<br />
1895777<br />
209 .<br />
8468 228722<br />
61<br />
279854<br />
98 179 ■<br />
470763<br />
. ■ 88<br />
294747 289272 270818 9446<br />
66 TOTAL RECEIPTS LESS DEDUCTIONS•.•<br />
23585 3396 16706<br />
253788 -592<br />
.<br />
67 CONSTR TAX INC FM REL FOR CORP)1)<br />
'3170 42944 68764<br />
(5) 41943 39376<br />
■<br />
■ - .<br />
44076 3189<br />
68 NET INCOME (LESS OEFICIT)82)<br />
7041 -122 3999<br />
253553<br />
-<br />
69 NET INCOME<br />
.592 3170 42944 68756 41925 39327 43916<br />
70 DEFICIT<br />
350937 2356 30196 56561 3189 7041 -122 3999<br />
97384<br />
94582<br />
2948<br />
55782 45082<br />
27026<br />
52097 3189 7093<br />
RETURNS OTHER THAN FORM 1120.61 13617 25826 13857<br />
-<br />
5755*<br />
3999<br />
71<br />
8181 -<br />
NET INCOME (LESS DEFICIT)<br />
52 122 -<br />
-<br />
219416<br />
72 STATUTORY SPECIAL DEDS.. TOTAL<br />
.308 2240 29381 58704<br />
21582 505*<br />
34951<br />
3928<br />
37423 42918<br />
73 3189<br />
NET OPERATING LOSS CARRYFRD 2396 7041 -122 3999 ■<br />
17403<br />
4993<br />
505*<br />
2856<br />
3928<br />
. 2477<br />
.74 2354<br />
2869 226<br />
DIVIDENDS RECEIVED DEDUCTION.<br />
636 - 696 ■<br />
4179<br />
4812<br />
(5)<br />
2277<br />
(5)<br />
1573*<br />
75 42<br />
1379 25<br />
DED FOR DIV PD. PUB UTIL STK. 181 100 - 450 .<br />
■ - 579 904<br />
76 ..<br />
1490<br />
WESTERN HEMISPHERE TRADE DEO.<br />
201 536<br />
.<br />
246<br />
. .<br />
■<br />
77 INCOME SUBJECT TO TAX<br />
-<br />
- ■ -<br />
274117<br />
-<br />
1853*<br />
-<br />
16629 • 38237<br />
-<br />
78 INCOME TAX (BEE CREDITS., TOT(3)<br />
70979 42526<br />
-<br />
611*<br />
40859<br />
3903<br />
.48315<br />
9042<br />
2959<br />
-<br />
79 SURCHARGE 88820<br />
6457 .. 3303<br />
-<br />
775<br />
19756<br />
(51*<br />
13689<br />
(5)<br />
14705<br />
(5)<br />
21191<br />
138<br />
1399<br />
80 TAX RECOMP PRIOR YEAR INV. CR<br />
2925<br />
1599<br />
268 (5)<br />
99<br />
82<br />
130<br />
84<br />
356<br />
81 FOREIGN TAX CREDIT<br />
36 16 .<br />
53 -<br />
19 22<br />
15)<br />
-<br />
-<br />
40 ■<br />
82 INVESTMENT CREDIT<br />
-<br />
-<br />
2<br />
4697 53 - -<br />
19<br />
■<br />
83 NET INCOME(LESS DEF( AFTER TAX(4)<br />
5 129 336 828 .<br />
-<br />
169430 .1198<br />
1400 .<br />
.604<br />
754<br />
34238<br />
920<br />
84 NET INCOME AFTER TAX<br />
49828<br />
7 107<br />
266856<br />
211<br />
■<br />
1750<br />
29636<br />
26422 47897<br />
25376<br />
75654<br />
23645<br />
85 ESTIMATED TAX PAYMENTS<br />
43493 31131 1797<br />
31826 1797<br />
4223 • .122 2611<br />
86<br />
8217<br />
FORM 11.4<br />
26<br />
20 NET INCOME (LESS OM<br />
129 (5) 33 4275 261/ -,- . .<br />
34137 •284*<br />
98* 084<br />
930 13563<br />
3852 860<br />
DISTRIBUTIONS TO STOCKHOLDERS, 10052 6974*<br />
1038<br />
1904*<br />
125 1072<br />
.<br />
998 ■<br />
.<br />
87 CASH 6 PROP EXCEPT OWN STOCK . m . . .<br />
88<br />
63609 2399<br />
CORPORATIOS N' OWN STOCK 5012 6853<br />
12528<br />
22092 7530 3050 10262 S<br />
SELECTED INVESTMENT ITEMS. 11* 819<br />
110<br />
2692 2824<br />
6092 776<br />
2157 2701<br />
. .<br />
89 COST OF PROP. 17 USED FOR.INV. CR<br />
740 .<br />
. 150568 298<br />
.. ■ .<br />
90 INVESTMENT QUALIFIED FOR 8404<br />
CREDIT<br />
15342<br />
99572<br />
37839<br />
190<br />
32200<br />
5035<br />
21187 20065 128 1958 447 S<br />
91 TENTATIVE INVESTMENT CREDIT 10785<br />
sass 2177 5<br />
4700<br />
5 21648 127 464<br />
15644 19637<br />
92 1169<br />
89<br />
INVESTMENT CREDIT CARRYFORWARD. 1543 383 3041 .<br />
4160 .<br />
115<br />
1405<br />
216<br />
064<br />
339<br />
1350<br />
950<br />
7<br />
93 UNUSED INVESTMENT CREDIT 108 27 213 ■<br />
5181 115 756 .<br />
172 467<br />
530*<br />
1212<br />
1129 . 1<br />
■<br />
• 761 740 1559<br />
124<br />
2 27 126<br />
- -<br />
FOOTNOTES AT BEGINNING AND END OF FILM<br />
. .<br />
• U. S. TREASURY DEPARTMENT INTERNAL REVENUE SERVICE<br />
0<br />
S<br />
'.^<br />
14.1tT,Pliore9,,,...4011.1•0*