1 - Internal Revenue Service
1 - Internal Revenue Service
1 - Internal Revenue Service
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
• L1...1 ON 4<br />
L OVERLAP R LP-316<br />
SOURCE BOOK OF STATISTICS OF INCOME<br />
•<br />
ACTIVE CORPORATION INCOME TAX RETURNS, JULY 1967 JUNE 1968<br />
▪<br />
RETURNS WITH AND WITHOUT NET BALANCE INCOME SHEET. INCOME STATEMENT, TAX, AND INVESTMENT CREDIT ITEMS. BY INDUSTRY GROUP AND BY SIZE OF TOTAL ASSETS<br />
516-RP<br />
(SIZE OF TOTAL ASSETS AND MONEY FIGURES IN THOUSANDS OF DOLLARS)<br />
OVER ZERO<br />
ITEM<br />
50<br />
SIZE OF TOTAL ASSETS<br />
100 250<br />
TOTAL ZERO<br />
500<br />
UNDER<br />
1/000<br />
UNDER 5.000<br />
UNDER UNDER<br />
ASSETS<br />
UNDER<br />
50<br />
UNDER<br />
100<br />
UNDER<br />
250 500 1,000 5,000 10,000<br />
NUMBER OF RETURNS WITH AND WITHOUT NET INCOME<br />
1 TOTAL .<br />
220561 7962 127976<br />
2 WITH NET T INCOME<br />
30087 30673<br />
129471<br />
12674<br />
2680<br />
6452<br />
67269<br />
4097<br />
20349 22337<br />
334<br />
3 WITHOUT NET INCOME<br />
4<br />
91090<br />
9093<br />
5282 4500<br />
FORM 1120..S<br />
60707 9738<br />
2767<br />
8336<br />
238<br />
35728 1175<br />
3581<br />
23364<br />
1952 1330<br />
i<br />
4507 4096<br />
96<br />
1478 757 346<br />
5<br />
5 TOTAL ASSETS 39984490<br />
.<br />
6 CASH 2065085 2154155 4807078 4380565 4439064<br />
3584539<br />
. 379384 7671778<br />
340530 2380047<br />
O 7 NOTES AND ACCOUNTS RECEIVABLE..<br />
572206<br />
6905680 ..<br />
411429 395610<br />
358865<br />
550668<br />
401943<br />
152108<br />
8 LESS, ALLOWANCE FOR BAD DEBTS 872949 699408<br />
168318<br />
611331<br />
9<br />
... 4250<br />
1237944<br />
2999<br />
426682<br />
INVENTORIES 29053<br />
1883318 -<br />
6633 21942<br />
S<br />
106620<br />
22989<br />
INVESTMENTS IN GOVT. 08LI81<br />
93319<br />
8673<br />
179534 147846 116323 243649 86166<br />
10 UNITED STATES 396260<br />
11<br />
.. 5174<br />
STATE AND LOCAL<br />
17656 31722<br />
208380<br />
27456<br />
. 606*<br />
25115 85202<br />
1227<br />
18472<br />
12 OTHER CURRENT ASSETS 7919<br />
1148314<br />
20305* 8638<br />
■ 54053<br />
28823<br />
13 LOANS TO STOCKHOLDERS<br />
59265<br />
8438<br />
116520<br />
284123<br />
125423<br />
- 58906<br />
114479 204295<br />
33855 112760<br />
14 MORTGAGE AND REAL ESTATE LOANS 64600<br />
173024 -<br />
28490<br />
5119<br />
31134<br />
10495<br />
23443<br />
19776<br />
2033<br />
15 OTHER INVESTMENTS 14955<br />
3963895 -<br />
7944 31779<br />
16 DEPRECIABLE ASSETS<br />
51602 87538<br />
17274<br />
237568<br />
28319038 -<br />
254409<br />
1710512<br />
257893<br />
1693838<br />
556332 259195<br />
17 LESS, ACCUM DEPRECIATION 3911026<br />
11507709<br />
3444795 3961209<br />
18 916837 6105140<br />
DEPLETABLE ASSETS<br />
828098 1547956<br />
1812294<br />
55217<br />
1417995<br />
-<br />
1513096<br />
5873<br />
2337950<br />
4089<br />
597725<br />
19 LESS, ACCUM DEPLETION 4009<br />
9223 . 3272*<br />
20 LAND<br />
2632<br />
5819 19844<br />
1311* 180<br />
11<br />
613 ♦<br />
2467994<br />
794<br />
21<br />
64027<br />
3443<br />
123582<br />
INTANGIBLE ASSETS (AMORTIZABLE)<br />
388259 8<br />
412284<br />
415025<br />
319133<br />
22 36475<br />
504432<br />
LESS, ACCUM AMORTIZATION<br />
28759 162289<br />
30352<br />
182000<br />
42355<br />
23 OTHER ASSETS<br />
22120 9764 15665<br />
87581<br />
2047133<br />
12165 'X<br />
173708<br />
TrIg<br />
100231<br />
43043<br />
227830 185544 172453 376823 148531<br />
24 TOTAL LIABILITIES 39984490<br />
25 ACCOUNTS PAYABLE 2065085 2154155 4807078 4380565 4439064<br />
4143567<br />
26<br />
302937 7671778<br />
MONT.. NOTES, BONDS UNDER<br />
263397<br />
-<br />
480859<br />
2380047<br />
1 YR<br />
405819<br />
4890450 -<br />
462226<br />
27 243343<br />
7318131<br />
OTHER CURRENT LIABILITIES<br />
228610 213492<br />
503780<br />
2518890<br />
525512 601976<br />
■<br />
28 LOANS<br />
183749 136891<br />
1060025<br />
FROM STOCKHOLDERS<br />
292543 413460<br />
1683269<br />
243287 244384<br />
■ 323240<br />
' 443129<br />
II 29 MORT.. NOTES, BONDS OVER 1 VR..<br />
167653 271821<br />
168230<br />
1 9<br />
11665110 6999 216405<br />
■<br />
30 OTHER LIABILITIES<br />
315127<br />
219895<br />
414148 58793<br />
1157884<br />
1967853 .<br />
1306775 1625016<br />
31 CAPITAL STOCK<br />
108009 2702936<br />
65945 139425<br />
682022<br />
5186427 -<br />
137433 147240<br />
S 32 762489<br />
349045<br />
PAID-IN OR CAPITAL SURPLUS<br />
483654 920704<br />
154289<br />
643760<br />
2645927<br />
517209<br />
33 94705<br />
789196 176975<br />
RETAINED EARNINGS, APPROP 80171 149580<br />
263973<br />
170737 291837<br />
34 10624<br />
444332<br />
RETAINED EARNINGS, UNAPPROP...• 8616<br />
194691<br />
31532<br />
5345584<br />
21429 10551<br />
-210638<br />
40263<br />
35 LESS, COST OF 'TREASURY STOCK<br />
335545 934897<br />
23262<br />
785881<br />
526560<br />
374952<br />
■ 68500<br />
953115<br />
30475<br />
326558<br />
75947 57067 52732 62039 31725<br />
36 TOTAL RECEIPTS<br />
47441330<br />
S 37<br />
525956 6744361 BUSINESS RECEIPTS 4323528 7335118<br />
45210688 5094301 4379156 7363742<br />
489990 6551650 4204736 7114373<br />
1668263<br />
INTEREST ON GOVT. OBLIGATIONS,<br />
4898771 4186310 6867449 1528879<br />
38 UNITED STATES<br />
39<br />
19495 283*<br />
STATE AND LOCAL<br />
555 1035 1650<br />
9694<br />
2286<br />
(5)<br />
899<br />
85<br />
4153<br />
.<br />
1055<br />
40 OTHER INTEREST 185<br />
161999<br />
587<br />
2050<br />
501<br />
8367<br />
1023<br />
6270<br />
608<br />
41 RENTS<br />
15686<br />
622478 2862<br />
12703<br />
32713<br />
11338 29596<br />
20482 13864<br />
42 ROYALTIES<br />
78763<br />
67739<br />
57915<br />
80*<br />
60764<br />
4773<br />
129383<br />
1093<br />
54025<br />
43 NET S-T CAP GAIN LESS 1...7 LOSS 3073<br />
10694<br />
2473<br />
130<br />
533*<br />
44 NET L-T CAP GAIN<br />
1596<br />
8254<br />
..ESS S-T LOSS<br />
1068<br />
8502<br />
952<br />
181101 3777<br />
691 1194<br />
18176<br />
2174<br />
4535<br />
349<br />
9 45 NET GAIN, NONCAPITAL ASSETS.... 11092<br />
46<br />
109671<br />
/0469<br />
12292<br />
16744<br />
17146<br />
50815<br />
DIVIDENDS. DOMESTIC CORPS 6707<br />
9013<br />
9862<br />
62553 4<br />
10515 13662<br />
952<br />
23978<br />
1040<br />
6738<br />
47 DIVIDENDS. FOREIGN CORPS 2786<br />
30814<br />
2897<br />
■ 26<br />
4154 8747<br />
(51 16<br />
9070<br />
IP 48 OTHER RECEIPTS<br />
954404 14488<br />
(5)*<br />
108322<br />
165<br />
76562<br />
305<br />
96680 631<br />
94994 82892 237865 35529<br />
49 TOTAL DEDUCTIONS<br />
45465714<br />
9 50 COST OF SALES AND OPERATIONS<br />
505510 6658028 4209587 7046811<br />
26351943<br />
4851153 4255047<br />
248287 3467925 2440353 4124381<br />
7022134 1655249<br />
51 COMPENSATION OF OFFICERS 2699402<br />
2903311 2345949<br />
52 REPAIRS<br />
15412 865359 439973<br />
4215801<br />
547594<br />
868360<br />
527337 3816<br />
266901<br />
60244<br />
193831 200330<br />
45456 91398<br />
37134<br />
O 53 BAD DEBTS<br />
151326<br />
59984<br />
3356 12447<br />
64744 85444<br />
10634 23366<br />
19114<br />
54 RENT PAID ON BUSINESS PROPERTY 1683749 18059<br />
14108<br />
400491<br />
12794 27782<br />
55 TAXES PAID<br />
190058<br />
317152<br />
7257<br />
1511387<br />
164668<br />
19718 198042<br />
150635 178254<br />
0<br />
136287<br />
34285<br />
56 INTEREST PAID<br />
236211<br />
936818<br />
165239<br />
13178<br />
191092<br />
41216<br />
230391<br />
37276 97939<br />
60894<br />
57 CONTRIBUTIONS OR GIFTS<br />
29778 346<br />
104601 123686<br />
1012'<br />
210541<br />
1206<br />
54991<br />
58 AMORTIZATION 3458<br />
40658 1118<br />
3071<br />
2267<br />
2610<br />
1455<br />
6655<br />
2171<br />
1977<br />
59 DEPRECIATION 3114926<br />
738 7847<br />
60 DEPLETION<br />
45970 190374<br />
6426<br />
161832 340615<br />
1991<br />
4264<br />
310499<br />
97* 461<br />
345212 629058<br />
170*<br />
165611<br />
61 ADVERTISING 386<br />
809955 8245<br />
82*<br />
193613<br />
1460 423<br />
78457 118267<br />
409<br />
62 PENSION. PROF SH..ANNUITY PLANS 276114<br />
87064'<br />
1013 23854<br />
47281 90685<br />
20059<br />
23960<br />
63 OTHER EMPLOYEE BENEFIT. PLANS 39833<br />
126332<br />
28783<br />
916 9297<br />
25745 52262<br />
11725<br />
10442<br />
64 NET LOSS. NONCAPI7AL ASSETS• 16569<br />
47419 4618<br />
14379<br />
6872<br />
18826<br />
1714<br />
. 18759<br />
8409<br />
3622<br />
65 OTHER DEDUCTIONS 7154306 121361<br />
3469<br />
1184554<br />
6236 11517<br />
632932 1079062<br />
1454<br />
724256 717099 1057806 263748<br />
66 TOTAL RECEIPTS LESS DEDUCTIONS 1975616 20446 86333<br />
67 CONSTR TAX INC FM REL FOR CORP(1) 113941 288307<br />
16665<br />
243148 124109 341608<br />
20<br />
113014<br />
68 NET INCOME (LESS DEFICIT)121 1982587 20446<br />
-<br />
' (5)<br />
■<br />
86268<br />
70<br />
69 NET INCOME 113941 288122<br />
510<br />
2797107<br />
242561<br />
44343 123608<br />
IIP 70 DEFICIT 288489<br />
340655<br />
205520 112916<br />
404016<br />
814520<br />
309402<br />
23897 236320<br />
RETURNS OTHER THAN FORM' 1120.51<br />
202221 471116<br />
91579<br />
134916<br />
115894 66841 112712 130461 22000<br />
71 NET INCOME (LESS DEFICIT) 1798957<br />
.. 72<br />
19132 48296<br />
STATUTORY SPECIAL DEDS.I TOTAL 90379 227653 207127 119705 ' 5<br />
73 NET OPERATING LOSS CARRYFRO.• 252167 4184 51955<br />
119255<br />
16138<br />
113340<br />
25056<br />
198390 4182 5 237 23102<br />
18829<br />
1<br />
27877 33259<br />
74 DIVIDENDS RECEIVED DEDUCTION. 15585<br />
17161<br />
52660<br />
16738<br />
2 718<br />
24619 25672<br />
e 75 DED FOR DIV PD, PUB UTIL STK. -<br />
553<br />
9499<br />
1954<br />
..<br />
2091 3258 7358 7662<br />
■ ■ ■<br />
1% ,1<br />
76 WESTERN HEMISPHERE TRADE • 1147<br />
77 INCOME SUBJECT TO TAX<br />
. - .<br />
■ -<br />
2240314<br />
.<br />
35036<br />
.-<br />
147651 150825<br />
229<br />
.-<br />
9 78 INCOME TAX (BEF CREDITS), TOM/ 3066 32<br />
863670<br />
246883<br />
14545<br />
186945 402255<br />
79 SURCHARGE<br />
32491 36271<br />
.117649<br />
88223 87988<br />
6282 5<br />
72850<br />
BO TAX RECOMP PRIOR rEAR INV. CR.,<br />
(5)<br />
176086<br />
(51 487<br />
54717<br />
5653<br />
688<br />
1039 84<br />
836 1833<br />
9 81 FOREIGN TAX CREDIT<br />
212 602<br />
478<br />
38544<br />
456<br />
■ 101<br />
1040 1140<br />
82 INVESTMENT CREDIT<br />
2<br />
163<br />
132<br />
60405<br />
148<br />
647 2211<br />
217 2539<br />
83 NET INCOME(LESS DEF) AFTER TAX141 3079 10270<br />
1751<br />
1179322<br />
7802<br />
6548<br />
7888<br />
55988<br />
11117<br />
IP 84 NET INCOME AFTER TAX 80749<br />
1488<br />
210169<br />
1994158<br />
162375 58646<br />
85 ESTIMATED TAX PAYMENTS<br />
30530 258209<br />
175684<br />
172328<br />
59687<br />
326111 229257<br />
259791 4027<br />
171358<br />
'86 FORM 1120-S NET INCOME (LESS DEF) 90<br />
306211<br />
85*<br />
61712<br />
478<br />
183630<br />
4784 '<br />
1314<br />
3263<br />
DISTRIbUTIONS TO STOCKHOLDERS/<br />
37972<br />
48656<br />
23562<br />
27893<br />
60469 35434 3903 21400 .424<br />
'87 CASH A PROP EXCEPT OWN STOCK... 521173<br />
88 CORPORATIONtS OWN STOCK<br />
52609 62139 27080 77973 47921<br />
64729 11318* 22349<br />
679<br />
69054<br />
88<br />
16759<br />
IP<br />
SELECTED INVESTMENT ITEMS)<br />
2909 4502 1919* 6470 1956*<br />
'89 COST OF PROP. USED FOR INV. CR. 1965367<br />
90<br />
15465<br />
INVESTMENT QUALIFIED FOR CREDIT<br />
124678 122596 317189<br />
1340122<br />
205201<br />
7789 240877<br />
O 91<br />
78224<br />
377649<br />
TENTATIVE INVESTMENT CREDIT.... 81871<br />
72789<br />
205971<br />
87955<br />
135083<br />
100. 92<br />
529 3246<br />
154607 243071<br />
INVESTMENT CREDIT CARkYFORWARD. 4247 12980 .<br />
49000<br />
9234<br />
74751 484 10668<br />
93 UNUSED INVESTMENT CREDIT<br />
4366 3896<br />
16906<br />
9718<br />
3406<br />
101414,<br />
10203<br />
366 5220<br />
9585<br />
4980<br />
14204<br />
11961<br />
2421<br />
IP<br />
11521 12319 19995 4342<br />
FOOTNOTES AT BEGINNING AND END OF FILM<br />
• U. S. TREASURY DEPARTMENT INTERNAL REVENUE SERVICE<br />
I<br />
10,000<br />
UNDER<br />
25.000<br />
193<br />
146<br />
47<br />
■<br />
2965820<br />
233330<br />
540833<br />
10092<br />
66150<br />
35477<br />
27485<br />
114343<br />
3205<br />
5443<br />
413341<br />
1930406<br />
739667<br />
88<br />
66<br />
156534<br />
17724<br />
7671<br />
178957<br />
2965820<br />
269555<br />
314388<br />
212E59<br />
37146<br />
1025532<br />
184756<br />
241479<br />
232683<br />
32887<br />
445789<br />
31254<br />
2714775<br />
2534232<br />
1858<br />
1162<br />
14603<br />
50957<br />
12730<br />
25<br />
17344<br />
1790<br />
12307<br />
2503<br />
65264<br />
2552051<br />
1579646<br />
47127<br />
19778<br />
11827<br />
53764<br />
77164<br />
66145<br />
2215<br />
3072<br />
276520<br />
165<br />
31918<br />
21467<br />
6452<br />
798<br />
353993<br />
162724<br />
375<br />
161937<br />
183175<br />
21238<br />
161937<br />
20866<br />
9623<br />
11243<br />
-<br />
162644<br />
75061<br />
592<br />
162<br />
2161<br />
3753<br />
90629<br />
111913<br />
45796<br />
.<br />
24820<br />
5448<br />
125836<br />
77727<br />
5323<br />
6476<br />
8046<br />
RP-1 ON 62<br />
25.000<br />
UNDER<br />
50,000<br />
61<br />
50<br />
11<br />
2086900<br />
149914<br />
582179<br />
14576<br />
68510<br />
36866<br />
1610<br />
73872<br />
7645<br />
31823<br />
309517<br />
1046263<br />
372560<br />
350<br />
176<br />
68245<br />
5278<br />
1840<br />
93980<br />
2086900<br />
324854<br />
317990<br />
91811<br />
56)66<br />
509127<br />
90260<br />
174531<br />
264464<br />
10790<br />
262898<br />
15891<br />
2367898<br />
2246556<br />
1215<br />
338<br />
12898<br />
39819<br />
1777<br />
108<br />
10333<br />
3710<br />
8668<br />
9254<br />
33222<br />
2228693<br />
1638249<br />
28599<br />
16105<br />
5081<br />
47784<br />
49847<br />
41788<br />
1133<br />
375<br />
127793<br />
75<br />
12840<br />
19351<br />
7188<br />
510<br />
231975<br />
139205<br />
5829<br />
144696<br />
149983<br />
5287<br />
144696<br />
16989<br />
'9381<br />
7608<br />
.<br />
133591<br />
62817<br />
333<br />
530<br />
7556<br />
2420<br />
84299<br />
89590<br />
40511<br />
■<br />
49723<br />
2167<br />
53523<br />
36856<br />
2580<br />
2363<br />
2523<br />
50,000<br />
UNDER<br />
100,000<br />
28<br />
21<br />
. 7<br />
2013746<br />
149877<br />
355436<br />
32271<br />
58960<br />
71619<br />
44908<br />
43401<br />
1306<br />
743<br />
557274<br />
893059<br />
281885<br />
11862<br />
.<br />
66176<br />
2880<br />
646<br />
70247<br />
20 13746<br />
281907<br />
118165<br />
146104<br />
104146<br />
640801<br />
122427<br />
110065<br />
178399<br />
51595<br />
283910<br />
23773<br />
1023933<br />
959927<br />
885<br />
2881<br />
87 7 1<br />
9806<br />
153<br />
102<br />
16796<br />
. 781<br />
4910<br />
3366<br />
15555<br />
962570<br />
482808<br />
29016<br />
9954<br />
2963<br />
42365<br />
37155<br />
39123<br />
685<br />
13045<br />
98110<br />
348<br />
10742<br />
7703<br />
3926<br />
1591<br />
183036<br />
61163<br />
1505<br />
59987<br />
77512<br />
17525<br />
59987<br />
7752<br />
3473<br />
4221<br />
.<br />
58<br />
69894<br />
29794<br />
115<br />
35<br />
5372<br />
1702<br />
31895<br />
49421<br />
13147<br />
13777<br />
9779<br />
117 . 252<br />
102654<br />
7187<br />
5362<br />
10846<br />
100,000<br />
UNDER<br />
250,000<br />
16<br />
14<br />
2<br />
■<br />
2399118<br />
109696<br />
417101<br />
8604<br />
93285<br />
14221<br />
-<br />
66045<br />
29506<br />
26219<br />
408373<br />
1315779<br />
361748<br />
.<br />
93214<br />
6082<br />
1571<br />
191520<br />
2399118<br />
257089<br />
193415<br />
130380<br />
26596<br />
701326<br />
188532<br />
185464<br />
274390<br />
5315<br />
498224<br />
51613<br />
1956320<br />
1760121<br />
2053<br />
13<br />
12565<br />
66112<br />
15030<br />
2295<br />
10186<br />
2397<br />
3509<br />
3567<br />
78472<br />
1803348<br />
939809<br />
13149<br />
31458<br />
14088<br />
46292<br />
62191<br />
53911<br />
2985<br />
71<br />
212148<br />
38639<br />
19661<br />
1/315<br />
164<br />
357467<br />
152972<br />
2009<br />
154968<br />
157907<br />
2939<br />
154968<br />
7697<br />
4687<br />
3010<br />
..<br />
.<br />
150305<br />
70441<br />
610<br />
90<br />
3916<br />
6684<br />
91211<br />
94150<br />
39999<br />
-<br />
29495<br />
7953<br />
166284<br />
143725<br />
10062<br />
3211<br />
6590<br />
023<br />
SERVICE<br />
•<br />
250,000<br />
OR MORE<br />
a<br />
7<br />
1<br />
2621134<br />
139587<br />
401009<br />
6236<br />
622956<br />
27280<br />
58421<br />
63858<br />
.<br />
1454<br />
570853<br />
818255<br />
327854<br />
.<br />
.<br />
109819<br />
16028<br />
1605<br />
127309<br />
2621134<br />
149551<br />
379786<br />
225523<br />
4509<br />
784416<br />
280492<br />
180901<br />
269938<br />
17109<br />
354453<br />
25544<br />
1943979<br />
1867694<br />
1568<br />
2311<br />
13288<br />
18877<br />
9268<br />
10<br />
1821<br />
93<br />
3509<br />
10981<br />
14559<br />
1815533<br />
1097064<br />
14977<br />
19842<br />
5623<br />
39942<br />
47156<br />
52423<br />
2425<br />
82<br />
211184<br />
188<br />
68244<br />
5941<br />
3358<br />
67<br />
247017<br />
128446<br />
6347<br />
132482<br />
134408<br />
1926<br />
132482<br />
4404<br />
592<br />
2982<br />
830<br />
130004<br />
62384<br />
305<br />
100<br />
14649<br />
1344<br />
71442<br />
73368<br />
31062<br />
27474<br />
9541<br />
32028<br />
23544<br />
1587<br />
2462<br />
2705<br />
0<br />
O<br />
0<br />
0<br />
0<br />
0<br />
0<br />
8<br />
I I<br />
at<br />
•<br />
•<br />
11<br />
0<br />
1<br />
11<br />
•<br />
*<br />
•<br />
•<br />
41<br />
•<br />
0'<br />
•<br />
•<br />
r<br />
S<br />
S
![l..l.l.L. 4DB.DI3-l]t] xxxxxxxxxxxxxxxx - Internal Revenue Service](https://img.yumpu.com/51302394/1/190x245/llll-4dbdi3-lt-xxxxxxxxxxxxxxxx-internal-revenue-service.jpg?quality=85)
Change language