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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

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