1 - Internal Revenue Service
1 - Internal Revenue Service
1 - Internal Revenue Service
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LP-1 ON 4 L OVERLAP R LP-7148 748-RP RP-1 ON 62<br />
C<br />
C<br />
C<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, TAXI AND INVESTMENT CREDIT ITEMS. BY INDUSTRY GROUP AND By SIZE OF TOTAL ASSETS<br />
RETURNS WITH AND WITHOUT NET INCOME<br />
ITEM<br />
Finance, ins. & real eetatat Insurance<br />
(SIZE OF TOTAL ASSETS AND MONEY FIGURES IN THOUSANDS OF DOLLARS/<br />
carriers: Life insurance, mutual companies<br />
SIZE OF TOTAL ASSETS<br />
OVER ZERO 50 100 250 500<br />
TOTAL ZERO<br />
1.000 5.000<br />
UNDER, UNDER<br />
10,000<br />
UNDER ' UNDER<br />
25.000 50.000 100,000<br />
UNDER UNDER<br />
ASSETS<br />
UNDER<br />
50<br />
UNDER<br />
100<br />
UNDER<br />
250 500<br />
UNDER<br />
1,000<br />
UNDER<br />
5 ,<br />
250,000<br />
000 10.000 25,000 50.000 1001000 250.000 OR MORE<br />
287<br />
MINOR INDUSTRY 6053<br />
NUMBER OF RETURNS WITH AND WITHOUT NET INCOME<br />
7<br />
1<br />
1 TOTAL<br />
165 1<br />
2<br />
5 6<br />
WITH NET INCOME<br />
9 7<br />
111<br />
25<br />
1<br />
3<br />
14 17<br />
3<br />
10<br />
a<br />
15 14<br />
) 5<br />
35<br />
3 WITHOUT NET INCOME<br />
54<br />
11' 4<br />
S<br />
2 4 6<br />
7<br />
2<br />
13 14<br />
14<br />
35<br />
6 1<br />
4 FORM 1120-5 . -<br />
9 3<br />
■ .<br />
2<br />
-<br />
.<br />
S TOTAL ASSETS 124600414 .1<br />
177 391<br />
6 CASH<br />
1020 2996 5901 76278 105484 282237 377121 1058865 2100537 120669407<br />
4 691512 . 114 107 304<br />
7 NOTES AND ACCOUNTS RECEIVABLE<br />
679 917 6585<br />
1927<br />
4507 7657 , 3366 19648<br />
■ 11 2 12659 632969<br />
8<br />
(5) (5)<br />
LESS1 ALLOWANCE FOR BAD DEBTS<br />
151 28 15 10 48 54 315<br />
■<br />
1444<br />
■ ■ ■ ■<br />
9 INVENTORIES . . . - '<br />
. . - .<br />
'<br />
.<br />
'<br />
'<br />
INVESTMENTS IN GOVT. MUGS<br />
■ . . . . .<br />
10 UNITED STATES<br />
2184564 .<br />
11 STATE AND LOCAL<br />
19 108 253 355 1522 10828 8031 12175 15394<br />
(<br />
1069545 -<br />
27049 52559 2056271<br />
12 OTHER CURRENT ASSETS<br />
25 28 272<br />
1319708<br />
125 4276<br />
-<br />
3659<br />
15/<br />
8929 28310 72426 67006 884489<br />
4.1 13 LOANS TO STOCKHOLDERS<br />
25 92<br />
■<br />
- .<br />
402 1165<br />
. 6<br />
1711<br />
.<br />
4190 3610 11145 22802<br />
.<br />
1274560<br />
. ■<br />
(<br />
14 MORTGAGE AND REAL ESTATE LOANS, 47407409<br />
:<br />
. 47 . .<br />
15 OTHER INVESTMENTS<br />
- 367 372<br />
68475020<br />
17681 20975<br />
20<br />
76538<br />
32<br />
142429 369616 849737 45989647<br />
16 DEPRECIABLE ASSETS<br />
328 953<br />
839240<br />
2296 27895 62264 156892 153243<br />
■<br />
474152 1003954 66592991<br />
17<br />
15)<br />
6<br />
LESS, ACCUM DEPRECIATION<br />
11 104 47<br />
-<br />
3719 1607 8665 16525 36931 33724<br />
■<br />
737901<br />
■ . -<br />
18 DEPLETABLE ASSETS . -<br />
■ . .<br />
■ . .<br />
- .<br />
-<br />
19 LESS1 ACCUM DEPLETION .<br />
.<br />
-<br />
- - ..<br />
. . - .<br />
■ ■ ■<br />
20 LAND<br />
■<br />
■<br />
- - ■ ■<br />
- -<br />
4 ■ ■<br />
21<br />
■ ■<br />
INTANGIBLE ASSETS (AMORTIZABLE)<br />
■ - .•<br />
■<br />
-<br />
■ ■ . ■<br />
. ft -<br />
■<br />
22<br />
■<br />
LESS, ACCUM AMORTIZATION -<br />
.<br />
. .<br />
. -<br />
- -<br />
-<br />
-<br />
-<br />
.<br />
23 OTHER ASSETS<br />
■<br />
2631489 - .<br />
-<br />
- -<br />
4 13 58 71 174 . 220 2101 ft ...<br />
2715 7181 14196 47844 57781 2499135<br />
24 TOTAL LIABILITIES 124680414 ■<br />
177 391<br />
25 ACCOUNTS PAYABLE<br />
1020<br />
.<br />
2996 5901 76278<br />
.<br />
105484 282237 377121<br />
4 1058865 2100537 120669407<br />
- 26<br />
- -<br />
MORT ., NOTES, BONDS UNDER 1 YR - -<br />
■<br />
■<br />
- ■<br />
27 OTHER CURRENT LIABILITIES . - ■ . ■ -<br />
4594933<br />
■ -<br />
■<br />
-<br />
7<br />
32 63 170 .<br />
500 .<br />
5569 6001 1<br />
28 LOANS FROM STOCKHOLDERS - 9169 13675 67859<br />
■<br />
-<br />
■<br />
76440 4415448<br />
- ■ ■ ■<br />
29 MORT., NOTES. BONDS OVER 1 YR ■ ■ .<br />
■ ■ ■<br />
■ ■<br />
30 OTHER LIABILITIES<br />
. ■<br />
113194852 . . . - -<br />
- 129 `<br />
31<br />
306 484<br />
CAPITAL STOCK<br />
1966 3713 53786<br />
5600<br />
81199 248646 334693 867471<br />
-<br />
1868170 104734289<br />
32<br />
- - ■<br />
PAID-IN OR CAPITAL SURPLUS<br />
- -<br />
2195<br />
. - . ■ .<br />
■<br />
(5) 11 17 447 545<br />
-<br />
1106<br />
5600<br />
33 RETAINED EARNINGS, APPROP 69 ■<br />
839500<br />
■<br />
■<br />
■ .<br />
44 133<br />
■<br />
34 RETAINED EARNINGS, UNAPPROP••<br />
331' 95 51<br />
6043334<br />
1502 673 2667 2084 17879<br />
■<br />
..3 .91 16823 797218<br />
35 LESS, COST OF TREASURY STOCK<br />
125 318<br />
.<br />
1092 14315<br />
.<br />
. 17542<br />
.<br />
21755 26669 105656 139104 5716852<br />
■ ■ .<br />
■ . . - . ■<br />
36 TOTAL RECEIPTS<br />
g<br />
23473839<br />
10 101 444<br />
37 BUSINESS RECEIPTS<br />
768 3771<br />
17122993<br />
6106<br />
15)<br />
51723 46148<br />
95<br />
92995<br />
427 107105 423370 489034 22252264<br />
INTEREST ON GOVT. OBLIGATIONS,<br />
717 3643 5050 48351 40192 77315 88373 371170 376013 16111647<br />
38 UNITED STATES<br />
f<br />
98301 -<br />
39<br />
1<br />
STATE.AND LOCAL<br />
10 10 23 63<br />
36263<br />
394 295 446 663<br />
■ 1 1<br />
1245<br />
12<br />
2401<br />
8 153<br />
92750<br />
40 OTHER INTEREST 5339043<br />
122 267 925 2375 2231 30168<br />
41<br />
6 2<br />
RENTS<br />
2 22 52 159 2053 3335 10844 14280 38752<br />
f<br />
378295<br />
■<br />
90114 5179422<br />
■<br />
42 ROYALTIES<br />
-7<br />
15618<br />
(5) 186 207 764 337<br />
■<br />
1509 3195<br />
■<br />
372090<br />
■ ■<br />
43 NET S-T CAP GAIN LESS L-T LOSS. 1524<br />
- 11 (5) 5 21<br />
■<br />
25 15556<br />
44 NET L-T CAP GAIN LESS S<br />
.. 2 ■T LOSS. 26775<br />
- 1 12 38 22 27 145<br />
■<br />
- 1277<br />
■<br />
45 NET GAIN, NONCAPITAL ASSETS..••<br />
2<br />
141<br />
■<br />
.<br />
58 75 470<br />
- 1<br />
68 422 296 38 25345<br />
46 DIVIDENDS, DOMESTIC CORPS 205508 -<br />
- -<br />
(5)<br />
■<br />
47 (5)<br />
- (5)<br />
DIVIDENDS, FOREIGN CORPS<br />
1 -4<br />
13<br />
10 185<br />
128<br />
2095 . . .<br />
293 419 419 1897 2811 199469<br />
■<br />
48 OTHER RECEIPTS 247283<br />
- ■<br />
4<br />
3 4 14<br />
(5)<br />
;8<br />
5<br />
757<br />
(5)<br />
303<br />
11 2079<br />
1196 2850 1649 5960 12182 222333<br />
49 TOTAL DEDUCTIONS<br />
(<br />
21995919<br />
2<br />
50 COST OF SALES AND<br />
102 442 824<br />
OFFICERS 10764165<br />
3938 6060 52043 43223 93166 moo<br />
■ 414328 467487 20807074<br />
51<br />
29<br />
COMPENSATION OF<br />
64<br />
ICERS<br />
279 1448<br />
45778 .<br />
2056 26112 17874 36380 39982 230432 210432 10199077<br />
52 REPAIRS<br />
29 42 186 159<br />
2286<br />
1460 1149 2256 1737 3936 4561 30258<br />
■<br />
■<br />
53 BAD DEBTS 3673<br />
. 5<br />
15) .<br />
.<br />
7<br />
. s<br />
10 2 33<br />
■<br />
5<br />
54<br />
2224<br />
RENT PAID ON BUSINESS PROPERTY.<br />
15)<br />
88317<br />
3 3 88 41 166 267 396 349 2360<br />
55<br />
1<br />
TAXES PAID<br />
4 7 B<br />
420282<br />
46 70 508 103 361 572<br />
(<br />
611 1515<br />
56<br />
84511<br />
INTEREST PAID<br />
1 2 7 10<br />
52676<br />
57 49 864<br />
3<br />
(5)<br />
1185 2114 2594 9263 8587 395549<br />
57 CONTRIBUTIONS OR GIFTS 5843<br />
■ . .<br />
/3 45) ■ 37 31 48 52 789 626 51077<br />
58 AMORTIZATION (5) . 1<br />
1 .<br />
10 1 13 19 37 68 5695<br />
59<br />
-<br />
DEPRECIATION<br />
140174<br />
1 - - -<br />
60 DEPLETION<br />
( ; ) (5)<br />
-<br />
14278<br />
11<br />
-<br />
10<br />
.<br />
224<br />
.<br />
127 484 571 2071 2912 • 133763<br />
■<br />
61 ADVERTISING<br />
-<br />
•44438<br />
.<br />
- - (5) 3<br />
4<br />
a 14267<br />
62 PENSIONI'PROF SH•,ANNUITY PLANS<br />
.1 3 2 59<br />
202496<br />
10 252 262 314 300 2662 1037 39536<br />
63 OTHER EMPLOYEE BENEFIT PLANS 1 15)<br />
2345<br />
9 6 348 271 777 960 3085 3349<br />
64 1 ■ 193690<br />
■ ■<br />
NET LOSS, NONCAPITAL ASSETS 329<br />
38 15 106 63 201<br />
S 120 1801<br />
65 OTHER DEDUCTIONS . .<br />
10208838<br />
13 ■<br />
- -<br />
282 ■<br />
'5'8<br />
-<br />
329 470 2119<br />
6<br />
3696 22084<br />
28<br />
24157 49855 58111 160809 233912 9653238<br />
66 TOTAL RECEIPTS LESS DEDUCTIONS•<br />
S<br />
1477920<br />
6 -1<br />
67 CONSTR TAX INC FM REL FOR CORP(1)<br />
.56 •167 46<br />
Y<br />
.320 925<br />
. 2<br />
.<br />
-171 1875 9042 21547 1445190<br />
68 NET INCOME (LESS DEFICIT)12)<br />
.<br />
■<br />
1441637 6<br />
- . ■ ■<br />
-<br />
- -<br />
69 NET INC<br />
1 1 -57 -179 -<br />
1445918<br />
8<br />
38 -473 803 -438 950 6667 19316<br />
70 DEFICITOME<br />
9 26 10 1415022<br />
4261<br />
10 263 532 1285 972 1457 7008 19316 1415022<br />
RETURNS OTHER THAN FORM 1120<br />
10 25 ■51<br />
67 189 225 1005 482 1410 507 341 - -<br />
71 NET INCOME (LESS DEFICIT)<br />
4 72<br />
1441657<br />
8 -1 1<br />
STATUTORY SPECIAL DEDS•, TOTAL.<br />
.57 •179<br />
76952<br />
38 •473 803 .438 950 6667 19316<br />
73 8 1415022<br />
NET OPERATING LOSS CARRYFRD.• a 24 10<br />
1109 10<br />
a<br />
8 24 10 118 251 198 340 642<br />
7<br />
877<br />
74 112<br />
1038<br />
161<br />
73428<br />
DIVIDENDS RECEIVED DEDUCTION. 75843<br />
67 185 . 527<br />
- - -<br />
75<br />
■<br />
DED FOR DIV PD, PUB UTIL STK. -<br />
- 3 6<br />
.<br />
90 •<br />
131 155 115 877 1038 73428 III<br />
76 WESTERN HEMISPHERE TRADE DED. -<br />
■ . -<br />
- - -<br />
.<br />
- - -<br />
77 INCOME SUBJECT TO TAX<br />
- 1<br />
1369035<br />
(5)<br />
-<br />
(5)<br />
- - -<br />
g<br />
- -<br />
■<br />
78 INCOME TAX IMF CREDITS), TOT(3)• 651492<br />
2 90 247<br />
(5)<br />
862<br />
(5)<br />
592 841 6088<br />
(5)<br />
17917<br />
79 SURCHARGE 32<br />
1342396<br />
. ..<br />
91 321 251 278 2776 8501 639242<br />
80 TAX RECOMP PRIOR YEAR INV. CR -<br />
)<br />
125 . .<br />
-<br />
( 81 FOREIGN TAX CREDIT 27909 . -el<br />
- - 1<br />
- 1 2 113<br />
82 INVESTMENT CREDIT 4728<br />
-<br />
. - (5) 13 236 410 27250<br />
03 NET INCOME(LESS DEF) AFTER TAX(4) ■<br />
1<br />
794893 B .1<br />
15) 3 151 1 17 56 161 4490<br />
84 NET INCOME AFTER TAX<br />
1 -57<br />
799155 8<br />
.179 •<br />
9<br />
6 -561 482 .608 689 3947 10976 780270<br />
85 ESTIMATED TAX PAYMENTS 26<br />
10<br />
479294<br />
10 231<br />
.<br />
444 964 722 1196 4289 10976 780270<br />
.<br />
86 FORM 1120-S NET INCOME (LESS DEFT<br />
■ ■<br />
■<br />
30 1097 5867 472300<br />
DISTRIBUTIONS TO STOCKHOLDERS* -<br />
. ■<br />
■ ■ -<br />
87 CASH 8 PROP EXCEPT OWN STOCK 699<br />
88 CORPORATION'S OWN<br />
. .<br />
STOCK<br />
.<br />
400 . - .. ■ 699<br />
SELECTED INVESTMENT :rams' -<br />
- - - .<br />
89 COST OF PROP. USED<br />
400<br />
..10R INV. CR . 88582 -<br />
■<br />
90 INVESTMENT QUALIFIED FOR CREDIT .<br />
■<br />
68280 7 99<br />
..<br />
405 212<br />
■<br />
738<br />
.<br />
1700 2701<br />
91<br />
02720<br />
TENTATIVE INVESTMENT CREDIT..•. ■<br />
4779 7 90 150<br />
■ 150 329<br />
.<br />
1116<br />
92<br />
2317 64121<br />
INVESTMENT CREDIT CARRYFORWARD. .<br />
61<br />
(51 6<br />
■ .<br />
10 10 22 79 161 4491<br />
93 UNUSED INVESTMENT CREDIT . .<br />
111 (51 13 1 23<br />
■<br />
- ■ -<br />
24 . .<br />
■<br />
-<br />
- 16 11 32 29 23 ■ ■<br />
FOOTNOTES AT BEGINNING AND END OF FILM<br />
U. S. TREASURY DEPARTMENT INTERNAL REVENUE SERVICE