1 - Internal Revenue Service
1 - Internal Revenue Service
1 - Internal Revenue Service
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LP-1 ON 4 L OVERLAP R LP-773 773-RP RP-1 ON 62<br />
U. S. TREASURY DEPARTMENT • INTERNAL REVENUE SERVICE<br />
1967 CORPORATION<br />
SOURCE 800K 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 />
ITEM TOTAL ZERO<br />
ASSETS<br />
NUMBER OF RETURNS WITH AND WITHOUT NET INCOME<br />
1 TOTAL 9704 202*<br />
2 WITH NET INCOME 6222 78*<br />
3 WITHOUT NET INCOME<br />
4 FORM 1120 ■S<br />
3482 124*<br />
1748 38*<br />
5 TOTAL ASSETS 2035905<br />
6 CASH ' 311956<br />
7 NOTES AND ACCOUNTS RECEIVABLE•. 662884 -<br />
8 LESS) ALLOWANCE FOR BAD DEBTS 8138 ■<br />
9 INVENTORIES<br />
54008 ■<br />
INVESTMENTS IN GOVT. OBLIGt<br />
10 UNITED STATES 27724 .<br />
11 STATE AND LOCAL 2731 ■<br />
12 OTHER CURRENT ASSETS<br />
80015 -<br />
13 LOANS TO STOCKHOLDERS<br />
22318 -<br />
14 MORTGAGE AND REAL ESTATE LOANS 542 ■<br />
15 OTHER INVESTMENTS<br />
233070<br />
■<br />
16 DEPRECIABLE ASSETS<br />
605705<br />
■<br />
17 LESS, ACCUM DEPRECIATION 280420<br />
18 DEPLETABLE ASSETS<br />
■<br />
19 LESS. ACCUM DEPLETION... 00000 .<br />
20 LAND<br />
26832<br />
21 INTANGIBLE ASSETS (AMORTIZABLE) 4786<br />
22 LESS. ACCUM AMORTIZATION 2915<br />
23 OTHER ASSETS 94807<br />
24 TOTAL LIABILITIES<br />
2035905<br />
25 ACCOUNTS PAYABLE<br />
7243/0<br />
26 MORT•, NOTES, BONDS UNDER 1 YR 105202 -<br />
27 OTHER CURRENT LIABILITIES 152502 .<br />
28 LOANS'FROM STOCKHOLDERS 20668<br />
29 MORT.. NOTES. BONDS OVER 1YR 126768<br />
30 OTHER LIABILITIES<br />
105911<br />
31 CAPITAL STOCK<br />
221088<br />
-<br />
32 PAID-IN OR CAPITAL SURPLUS<br />
69527<br />
■<br />
33 RETAINED EARNINGS. APPROP<br />
34 RETAINED EARNINGS. UNAPPROP<br />
35 LESS. COST OF TREASURY STOCK••<br />
24612<br />
530370 ■<br />
54113 -<br />
36 TOTAL RECEIPTS 5756090 57797*<br />
37 BUSINESS RECEIPTS 5696246 57192*<br />
INTEREST ON GOVT. OBL/GATIONSI<br />
36 UNITED STATES<br />
1536 .<br />
39 STATE AND LOCAL<br />
150 ..<br />
40 OTHER INTEREST<br />
8406 -<br />
41 RENTS<br />
5848<br />
■<br />
42 ROYALTIES<br />
356* ■<br />
43 NET S.T CAP GAIN LESS L-T LOSS. 508 .<br />
44 NET L-T CAP GAIN LESS S—T LOSS.' 4099 ■<br />
45 NET GAIN, NONCAPITAL ASSETS 7119 '15)*<br />
46 DIVIDENDS. DOMESTIC CORPS<br />
2052<br />
47<br />
-<br />
DIVIDENDS, FOREIGN CORPS<br />
5008 ■<br />
48 OTHER RECEIPTS<br />
24762 605*<br />
49 TOTAL DEDUCTIONS 5560177 57511*<br />
50 COST OF SALES AND OPERATIONS 4277244 54076*<br />
51 COMPENSATION OF OFFICERS<br />
276529 543*<br />
52 REPAIRS<br />
10078<br />
53<br />
15)<br />
BAD DEBTS<br />
7622 ■<br />
54 RENT PAID ON BUSINESS PROPERTY 92074 146*<br />
55 TAXES PAID<br />
67806 45*<br />
56 INTEREST PAID<br />
16830<br />
57<br />
156*<br />
CONTRIBUTIONS OR GIFTS<br />
2503<br />
)*<br />
58 AMORTIZATION<br />
813<br />
59<br />
40*<br />
DEPRECIATION<br />
64655<br />
• 60<br />
41*<br />
DEPLETION<br />
56*<br />
61<br />
16<br />
ADVERTISING 148207 40*<br />
62 PENSION. PROF SH.IANNUITY PLANS 46385<br />
■<br />
63 OTHER EMPLOYEE BENEFIT PLANS.•. 7849<br />
40*<br />
64 NET LOSS. NONCAPITAL ASSETS<br />
385 -<br />
65 OTHER DEDUCTIONS<br />
541139 2518*<br />
66 TOTAL RECEIPTS LESS DEDUCTIONS••• 195913 286*<br />
67 CONSTR TAX INC FM RE). FOR CORN') 3070 .<br />
68 NET INCOME (LESS DEFICIT)(2) 198833 266*<br />
69 NET INCOME 228061 432*<br />
70 DEFICIT 29228 146*<br />
RETURNS OTHER THAN FORM 1120 ■61.<br />
71 NET INCOME (LESS DEFICIT)<br />
189130 256*<br />
72 STATUTORY SPECIAL DEDS., TOTAL<br />
7548<br />
73 NET OPERATING LOSS CARRYFRD•. 5796 ■<br />
74 DIVIDENDS RECEIVED DEDUCT/ON. 1748<br />
-<br />
75 DED FOR DIV PO, PUB UTIL STK.<br />
■<br />
■<br />
76 WESTERN HEMISPHERE TRADE DEO<br />
4 ■<br />
77 INCOME SUBJECT TO TAX<br />
206841 402*<br />
78 INCOME TAX 1BEF CREDITS). TOT(3) 88236<br />
79 SURCHARGE<br />
80*<br />
335<br />
80 TAX RECOMP PRIOR YEAR INV. CR• 172<br />
.<br />
81 FOREIGN TAX CREDIT 3978<br />
-<br />
82 INVESTMENT CREDIT 2166<br />
83<br />
(51*<br />
NET INCOMECLESS DEF) AFTER TAX(4) 112763<br />
84<br />
206*<br />
NET INCOME AFTER TAX 141991 352*<br />
85 ESTIMATED TAX PAYMENTS 46985<br />
66 FORM 1120 ■ S NET INCOME (LESS 081) 9703 30*<br />
DISTRIBUTIONS TO STOCKHOLDERS,<br />
87 CASH 8 PROP EXCEPT OWN STOCK 47334 -<br />
88 CORPORATION'S OWN STOCK 5988 .<br />
SELECTED INVESTMENT ITEMS)<br />
89 COST OF PROP. USED FOR INV. CR. 50151 202*<br />
90 INVESTMENT QUALIFIED FOR CREDIT 33673 122*<br />
91 TENTATIVE INVESTMENT CREDIT••<br />
2075 (5)*<br />
92 INVESTMENT CREDIT CARRYFORWARD 1465<br />
8<br />
93 UNUSED INVESTMENT CREDIT<br />
. 1426 1<br />
FOOTNOTES AT BEGINNING AND END,OF FILM<br />
(SIZE OF TOTAL ASSETS AND MONEY FIGURES IN THOUSANDS OF DOLLARS)<br />
SIZE0 OF<br />
OVER ZERO 50<br />
100TOTAL 5ASS<br />
100 250 500<br />
.000 ETS<br />
UNDER UNDER UNDER UNDER UNDER UNDER<br />
50<br />
UNDER<br />
100 250 500 1,000 5 , 000 10.000<br />
5476 1696 1454 436 226 177 10<br />
3013 1112 1301 369 154 160 10<br />
2463 584 153 67* 72* 17<br />
1210 303* 153* ■ 38* 6<br />
89950 122519 234659 149346 159748 347026 . 68086<br />
25023 18648 50588 33781 28295 59816 11953<br />
27262 49088 102491 76211 39340 158603 19424<br />
453 389* 1280 516* 417* 1529 99<br />
3929 7118 6702 4067 2112 13064 1657<br />
. 3912 ■ 6039* 5495* 2574<br />
■ —<br />
■ 554* .<br />
2554 7207 4779 1910 4498 16711<br />
2827<br />
2214<br />
2251* 6045 476* 820* 1680 ..<br />
15)* (5) 9 82* . 8►<br />
4422<br />
.<br />
9526 13282 10348 5649<br />
33921<br />
22117<br />
segos<br />
6915<br />
69689 33373 100837 97899<br />
16984 18659<br />
25258<br />
36272 19279<br />
..<br />
37460 46094 13133<br />
. . .<br />
. . . . — - —<br />
■ .<br />
793*<br />
.<br />
1363* 5640 1202* 2259* 7200 4329<br />
395 1048* 313* 956* (5) 1210 686<br />
101 837* 216 ■ out* (5) 623<br />
6362 7750<br />
74<br />
8977 7623 7776 10915 6382<br />
89950 122519 234659 149346 159748 347026 68086<br />
25338 34776 78477 56119 38702 136670, 17340<br />
8713 8560 13421 11977 20609 23713 460<br />
7298 12666 17940 11093 7967 29471 4813<br />
14765 7354 4265 1230* 232* 1577* 15<br />
6640 7003 13883 8953 35790 27678 2709<br />
4491 4586 1795 4967 20474 8914 1619<br />
23206 18247 27884 14740 16199 28637 9354<br />
4263 2809 5761 3222 2619 9976 1438<br />
211 15) 1918 49* . 1920* 2131<br />
-3483 28073 75743 38766 18238 90276 33289<br />
1492* 1555* 6428 1770* 1082* 11806 5082<br />
500738 423764 705057 442174 213331 1135790 143120<br />
498187 417753 698709 438494 202052 1126605 . 141514<br />
151 212* 16 49 209* 163 71<br />
■ — ■ 16* 15*<br />
262 469 846 771 479 1498 242<br />
140* 130* 709 66* 1071* 1630 453<br />
213* -<br />
(5) ■ ■ .<br />
— 214*<br />
81<br />
... ■ ■ 265*.<br />
90*<br />
12<br />
182* 1175 771* 33* 841<br />
128 15)<br />
57<br />
307 23* 6550* 56 11<br />
131* 119* 54 (5)* 36* 223 . 216<br />
.. 15) 15) ■ - 3* 44<br />
1587 4685 3241 2000 2885 4491 419<br />
500054 415591 685486 429599 208634 1103558 134220<br />
278882 287563 502318 315688 145741 931148 99024<br />
47772 37310 58330 21261 11055 41000 6189<br />
748 833 1168 426 1623 1756 353<br />
591 835 957 378 2608 1193 83<br />
9222 8302 13152 8548 5668 13431 2167<br />
6030 7296 8076 4708 3004 9497 2307<br />
1473 1431 1759 1006 3257 3761 166<br />
44 144 235 14 ,5 57 492 158<br />
55 6* 98 36* 2 199 .<br />
4429 4667 7801 3093 11032 12768 1873<br />
42* . . . .<br />
84526 11735 15699 31819 110 1896 138<br />
2962 858* 4784 2166 1249* 7329 1463<br />
484 476 1219 931 212* 1380 301<br />
85 44 (5) 19* 82* 10 15)<br />
62709 54091 69890 39374 22934 77698 19998<br />
684 8173 19571 12575 4697 32232 8900<br />
- ■ . — — 31<br />
684 8173 19571 12575 4681 32217 8931<br />
12191 13989 21521 13684 9286 33914 8971<br />
11507 5816 1950 1109* 4605* 1697 ■<br />
-4010 4619 17807 12575 7399 29838<br />
1292<br />
8931<br />
316* 1390 2074 757*<br />
1207<br />
330<br />
273* 1355*<br />
206<br />
2074* 721* 145<br />
85<br />
21<br />
43<br />
35 (51* 36*<br />
.<br />
185 185<br />
■<br />
■ ■ ■ -<br />
. .<br />
■ ■ ■ ■<br />
5360 9725 18341 11610 8531 31223<br />
1071<br />
8722<br />
2260 4921 4105 3551 14108<br />
(51<br />
4122<br />
15)* 16 48* 51*<br />
(51*<br />
123 .<br />
15) (5)* 1 66*<br />
.<br />
35 6<br />
. ■ ■ ■<br />
3<br />
126<br />
35<br />
100 327<br />
81 237<br />
-261<br />
200<br />
6013<br />
81<br />
14977 8551 1367 18309<br />
11246<br />
4890<br />
11829 16927 9660 5972<br />
.<br />
20006 '<br />
.<br />
4690<br />
(51 (51* 59* 3595<br />
4694 3554*<br />
2432<br />
1764 . .2718* 2379 ■<br />
4869 4369* 1335 16* 7 7635 862<br />
15)• . 65 . 279* 726* .<br />
1576 3951 5725 2376 5636 6241 • 2363<br />
1316 2521 4629 1618 3978 3618 1768<br />
42 100 211 98 267 245 124<br />
151* 134* 132 41 794* 132* 73<br />
15)* 174* 15) 58* 808* 177 116<br />
10,000<br />
UNDER<br />
25.000<br />
16<br />
15 1<br />
259449<br />
39213<br />
102616<br />
806<br />
4293<br />
6564<br />
726<br />
4188<br />
120<br />
443<br />
29923<br />
117718<br />
54231<br />
—<br />
.<br />
2210<br />
178<br />
176<br />
6470<br />
259449<br />
70482<br />
11460<br />
20851<br />
■<br />
14848<br />
21575<br />
28384<br />
11040<br />
29<br />
93898<br />
13118<br />
578658<br />
572438<br />
314<br />
44<br />
1697<br />
986<br />
56<br />
(5)<br />
123<br />
37<br />
524<br />
271<br />
2168<br />
547892<br />
442985<br />
19051<br />
1010<br />
172<br />
8427<br />
7299<br />
1609<br />
299<br />
116<br />
11833<br />
747<br />
7559<br />
535<br />
38<br />
46212<br />
30766<br />
15<br />
30737<br />
31349<br />
612<br />
30737<br />
444<br />
■<br />
444<br />
-<br />
■<br />
30903<br />
14779<br />
37<br />
18<br />
144<br />
416<br />
16374<br />
16986<br />
10354<br />
-<br />
4917<br />
1073<br />
8458<br />
5222<br />
366<br />
158<br />
'108<br />
25.000<br />
UNDER<br />
50,000<br />
3094<br />
1451<br />
9898<br />
7635<br />
50,000<br />
UNDER<br />
100.000<br />
MINOR INDUSTRY 7310<br />
<strong>Service</strong>s. Bunincen eerylceno Adyertining<br />
7<br />
7<br />
246706<br />
24990<br />
145210<br />
558<br />
■<br />
33677<br />
27039<br />
12393<br />
—<br />
.<br />
—<br />
—<br />
6663<br />
246706<br />
122796<br />
5292<br />
15330<br />
■<br />
1138<br />
2489<br />
3902<br />
25810<br />
.<br />
71634<br />
1485<br />
1107490<br />
1101618<br />
340<br />
75<br />
1269<br />
82<br />
.<br />
.<br />
■<br />
4<br />
718<br />
1508<br />
1876<br />
1069342<br />
975471<br />
13986<br />
-794<br />
25<br />
9874<br />
6512<br />
412<br />
393<br />
15)<br />
2511<br />
.<br />
483<br />
9879<br />
696<br />
12<br />
48294<br />
38148<br />
1069<br />
39142<br />
39142<br />
—<br />
39142<br />
708<br />
■<br />
708<br />
■<br />
38434<br />
18483<br />
60<br />
3<br />
1341<br />
145<br />
20804<br />
20604<br />
16741<br />
10246<br />
2562<br />
2060<br />
145<br />
100.000<br />
UNDER<br />
250.000<br />
3 1<br />
2 1<br />
1<br />
-<br />
250,000<br />
OR MORE<br />
213233 145183<br />
10699 8950<br />
105795 36844<br />
1103 988 ■■•<br />
9682 1384 IV<br />
46 .<br />
10305 15751<br />
464 .<br />
■ —<br />
47639 49572<br />
31454 30112<br />
14455 11460<br />
— —<br />
. —<br />
35 1801<br />
. .<br />
12672 13217<br />
213233 145183<br />
125899 17771<br />
997 .<br />
8212 16861<br />
230 .<br />
6989 1137<br />
8627 26374<br />
13448 37087<br />
2788 1<br />
18354 ■<br />
37984 45952<br />
10295 -<br />
193858 254313<br />
190524 251160<br />
32 130<br />
. . 1<br />
534 339<br />
33 548<br />
. 6<br />
- 17<br />
■ 827<br />
3 - I<br />
(5) 31<br />
2026 1156<br />
706 ' 99<br />
185914 222376<br />
99059 145289<br />
17260 2772<br />
967 400<br />
163 617<br />
10577 2560<br />
5012 8020<br />
1723 227<br />
223 312<br />
261<br />
2435 2172<br />
.<br />
244 770<br />
3267 4869<br />
636 939<br />
2 93<br />
44085 53336<br />
7944 31937<br />
941 1014<br />
8885 32951<br />
10671 32951<br />
1788<br />
8885 32951<br />
4 27 I<br />
■ .<br />
(5) 27<br />
■ -<br />
4 .<br />
10667 32923<br />
5121 15635 II<br />
2.<br />
. 1 4<br />
9<br />
1383 1072<br />
104 349<br />
3868 17665 11•1<br />
5654 17665<br />
3514 10290<br />
. — o .1<br />
1890 11188<br />
3845 . I•1■<br />
3287 7774<br />
1835 4986<br />
128 349<br />
■ ■ ■<br />
■ 24<br />
-<br />
30S