1 - Internal Revenue Service
1 - Internal Revenue Service
1 - Internal Revenue Service
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•<br />
4<br />
LP-1 ON 4 L OVERLAP R LP-264 264-RP RP-1 ON 62<br />
1967 CORPORATION<br />
SOURCK BOOK OF STATISTICS OF INCOME<br />
ACTIVE CORPORATION INCOME TAX RETURNS, JULY 1967 - JUNE 1968<br />
039<br />
RETURNS WITH AND<br />
4 ITEM<br />
BALANCE SHEET, INCOME STATEMENT, TAX, AND INVESTMENT CREDIT ITEMS, BY INDUSTRY GROUP AND BY SIZE OF TOTAL ASSETS<br />
WITHOUT NET INCOME<br />
(SIZE OF TOTAL ASSETS AND MONEY FIGURES IN THOUSANDS OF DOLLARS)<br />
SIZE OF TOTAL ASSETS<br />
OVER ZERO 50 100 250 500 1.000<br />
TOTAL ZERO<br />
5,000<br />
UNDER<br />
10,000<br />
UNDER<br />
25,000<br />
UNDER UNDER UNDER UNDER UNDER<br />
ASSETS 50<br />
UNDER<br />
100<br />
UNDER<br />
250 500 1,000 5,000 10,000 25,000 50,000<br />
NUMBER OF RETURNS WITH ANO WITHOUT NET INCOME<br />
1 TOTAL 10597 404 2956<br />
II<br />
1553<br />
2 WITH NET INCOME<br />
2154 1264 103? 852<br />
6786 241<br />
123<br />
1358<br />
120 41<br />
3<br />
841<br />
WITHOUT NET INCOME<br />
1423 1022 856<br />
3811 163*<br />
711 99<br />
1598 712<br />
108 39<br />
4 FORM 1120*S<br />
731 242<br />
1038 76*<br />
177<br />
492<br />
141 24<br />
115*<br />
12<br />
189*<br />
2<br />
76* 76* 13<br />
1<br />
1 1 5 TOTAL ASSETS 41215292<br />
49296 111589 354818<br />
6 CASH 448764 721003 1737000<br />
1595820<br />
8495<br />
884082<br />
11564<br />
1904117<br />
42364<br />
1446198<br />
O<br />
64929<br />
7 NOTES AND ACCOUNTS RECEIVABLE<br />
86586 135048 56698<br />
7236336<br />
120237<br />
12382 32078<br />
66677<br />
8<br />
93124 103767<br />
LESS) ALLOWANCE FOR BAD DEBTS<br />
213514<br />
120440<br />
416116 195051<br />
240<br />
334741 266089<br />
9<br />
381*<br />
INVENTOR/ES<br />
1394 2252 5612 8399<br />
7304197<br />
3148<br />
8610<br />
7966<br />
27260<br />
4489<br />
76426<br />
INVESTMENTS IN GOVT. MAGI<br />
102260 197811 408531 181227 398691 255247<br />
10 UNITED STATES<br />
553936 281*<br />
11<br />
635* 1885*<br />
STATE AND LOCAL<br />
4086* 7598* 22516,<br />
191128<br />
9091* 32133 9297<br />
O ,<br />
40* .<br />
12<br />
574<br />
OTHER CURRENT ASSETS<br />
1803* 2143*<br />
760414<br />
15462*<br />
669<br />
15654<br />
1459<br />
8967<br />
13 LOANS TO STOCKHOLDERS<br />
9525 11617<br />
20771<br />
11575 47094<br />
1565<br />
33160<br />
185*<br />
44585 43012<br />
14 MORTGAGE AND REAL ESTATE LOANS<br />
2708 1593*<br />
15633<br />
867* 1522<br />
(5)* .<br />
7 247 8623<br />
15<br />
246*<br />
OTHER INVESTMENTS (5) 245*<br />
5535970<br />
1506 514<br />
241*<br />
504 4083<br />
1 16<br />
2280* 14548<br />
DEPRECIABLE ASSETS<br />
15621 15493<br />
31257825<br />
104359 57190<br />
28415<br />
197536 185227<br />
17<br />
53177 178971<br />
LESS: ACCUM DEPRECIATION<br />
221267 306786<br />
15619978<br />
914673<br />
16070<br />
489119 1113811 792806<br />
•<br />
25487 87975<br />
18 DEPLETAOLE ASSETS<br />
109113 166747<br />
365148<br />
425694 214594 455445 337228<br />
19 508*<br />
LESS) ACCUM DEPLETION<br />
33*<br />
.<br />
149554<br />
7543*<br />
-<br />
3598* 186<br />
169* —<br />
288<br />
20 LAND -<br />
689099 1103*<br />
401*<br />
1282<br />
906*<br />
67 284<br />
21<br />
7388<br />
INTANGIBLE ASSETS (AMORTIZABLE)<br />
11459 15198 42383<br />
392779<br />
15705<br />
254*<br />
32859 23890<br />
22<br />
2391 3005<br />
LESS. ACCUM AMORTIZATION 6632<br />
200535<br />
3331* 10527<br />
212*<br />
7222 13593 64735<br />
23 OTHER ASS E<br />
1414 2077<br />
TS<br />
5169<br />
1386743<br />
934* 6128<br />
4465<br />
1977<br />
6597<br />
3898<br />
15467<br />
24731<br />
22067 33489 62363 41039 66716 83989<br />
24 TOTAL LIABILITIES 41215292<br />
49296<br />
25 ACCOUNTS PAYABLE<br />
111589 354818 448764<br />
3480273<br />
721003 1737000<br />
9114<br />
884082 1 •>O4117 1446198<br />
26<br />
28655 74616<br />
MORT.. NOTES, BONDS UNDER 1 YR<br />
83784<br />
1471598<br />
161504 274083 93842<br />
6673<br />
192047 144893<br />
27<br />
13077 38751<br />
OTHER CURRENT LIABILITIES<br />
28079 51312 128920<br />
2522655<br />
3478<br />
56072 103512 130645<br />
28<br />
5909 22655<br />
LOANS FROM STOCKHOLDERS<br />
35955 45695<br />
383415<br />
123788 51910<br />
7896<br />
107636<br />
18987<br />
86246<br />
29 MORT.* NOTES, BONDS<br />
35636<br />
.<br />
9436<br />
OVER 1 YR<br />
30605<br />
7451331<br />
30407 17444* 20607 83803<br />
30<br />
5850 9694<br />
OTHER LIABILITIES<br />
51543 48530 57835<br />
1216988<br />
192502 121449<br />
4045 344831 174711<br />
31 CAPITAL STOCK<br />
1236 4663 5475 8622<br />
5528823<br />
49197<br />
28265<br />
18671<br />
35453<br />
57876<br />
106298<br />
39868<br />
32 PAID—IN OR CAPITAL SURPLUS<br />
93626 121926 266904<br />
5150544<br />
128071<br />
1076<br />
308620 166001<br />
33<br />
1309* 47414<br />
RETAINED EARNINGS, APPROP<br />
17230 81369 138731<br />
362912<br />
79777<br />
556*<br />
180465 210095<br />
34 15)* 3245*<br />
RETAINED EARNINGS, JNAPPROP.•.•<br />
2602* 3396*<br />
14128297<br />
18931<br />
-16398<br />
3567*<br />
—2684<br />
16542<br />
—24629<br />
9500<br />
35 LESS: COST OF TREASJRY STOCK••.<br />
126324 173226 538235<br />
481544<br />
328378<br />
1259* 582458<br />
47* 5374<br />
416684<br />
2277* 14487* 24698 15099 10477 16248<br />
36 TOTAL RECEIPTS<br />
46956942 142263 125469 283681<br />
37<br />
760569<br />
BUSINESS RECEIPTS<br />
843068 1443780 2951521<br />
45661146 139212<br />
1121566 • 2273638<br />
109842 277130<br />
1736331<br />
750360<br />
INTEREST ON GOVT. OBLIGATIONS,<br />
833429 1434287 2908773 1073077 2223230 1691201<br />
38 UNITED STATES<br />
23696<br />
21* -<br />
39<br />
— 228<br />
STATE AND LOCAL<br />
153* 691* 889<br />
6475<br />
*<br />
419*<br />
—<br />
.<br />
1299 623<br />
40 OTHER INTEREST<br />
426* 115* -<br />
•<br />
80<br />
146786 300<br />
256<br />
141*<br />
571 392<br />
41 RENTS<br />
(5)* 529 770<br />
14<br />
1404<br />
46901<br />
4037 2458<br />
503*<br />
5088 5518<br />
42<br />
126*<br />
ROYALTIES<br />
849 1612 957 2591<br />
228519 72<br />
1418<br />
(5)*<br />
2013 2460<br />
43<br />
40* 16*<br />
NET S—T CAP GAIN LESS L-T LOSS<br />
2790 1 4889<br />
. 4261<br />
946<br />
—<br />
-<br />
3164 8698<br />
44 NET L-T CAP<br />
2 82*<br />
GAIN LESS S—T LOSS.<br />
66*<br />
159241<br />
63*<br />
220<br />
182<br />
5*<br />
3*<br />
45<br />
466*<br />
172<br />
469<br />
280<br />
NET GAIN. NONCAPITAL ASSET3<br />
158* 347<br />
20060<br />
8726<br />
1453* 80*<br />
2132<br />
467*<br />
8203<br />
4544<br />
2044<br />
46 DIVIDENDS, DOMESTIC CORPS<br />
1661 380<br />
86053<br />
545<br />
409<br />
74 162<br />
151* 131*<br />
80<br />
47 DIVIDENDS, FOREIGN CORPS — .1<br />
67*<br />
272190<br />
326 3255 2518* 3933 2949<br />
• 48 OTHER RECEIPTS —<br />
- 1 265<br />
301614 562<br />
.<br />
14897 5450<br />
10933 4242<br />
2935 2247 5323 17289 38265 14870 17844<br />
49 TOTAL DEDUCTIONS 42328790 135943 125227<br />
•<br />
285368<br />
50 COST OF SALES AND OPERATIONS"<br />
749554 814190 1388624 2779672<br />
27532958 102293 71245<br />
1022339 2074841<br />
172332 499835<br />
1519612<br />
51 COMPENSATION OF OFFICERS<br />
593195 1031630<br />
399295 2699<br />
1913953 651558 1365674 871348<br />
52<br />
14944<br />
REPAIRS<br />
17269 52716 38839<br />
662350<br />
43540 72491<br />
783<br />
17950 72 JO 16310<br />
• 53<br />
611<br />
BAD DEBTS<br />
1314 4583 4403' 7453 18287<br />
74213 473<br />
10391<br />
539<br />
":':.809 16094<br />
54<br />
418 2298<br />
KENT PAID ON BUSINESS PROPERTY<br />
2171 5415<br />
354763<br />
0791<br />
1345 3879<br />
3115 3262 3324<br />
35 TAXES PAID<br />
5411 11207 9797 14547<br />
855455 2453<br />
23990 9287<br />
2304<br />
18403 12450<br />
56<br />
4799<br />
INTEREST PAID<br />
13455 16911 22366<br />
478684<br />
50848<br />
1171<br />
20564<br />
547<br />
40888 30332<br />
57<br />
1221 4582<br />
CONTRIBUTIONS OR GIFTS<br />
. 6154 7063<br />
73178<br />
21722<br />
90<br />
11491<br />
7<br />
23665<br />
41 159<br />
21775<br />
58 AMORTIZATION 324 709<br />
5692 41*<br />
2647<br />
53*<br />
1384 3182 3988<br />
•<br />
137<br />
59 DEPRECIATION<br />
248 121<br />
2011100<br />
15<br />
4968<br />
227<br />
2741<br />
169<br />
4960<br />
257<br />
16023<br />
287<br />
60 DEPLETION 20217<br />
125555<br />
22972<br />
99<br />
69583<br />
-<br />
30753 75904 48993<br />
61 ADVERTISING<br />
169* — .<br />
1929248 1912<br />
- 1373* 1322* 62 1175<br />
10 PENSION. PROF SH.vANNUITY PLANS 25698<br />
2535<br />
515203 788 10751 6614 30406 87122<br />
— • 171* 2341 2629 6889 17220 55012 8056 89276 15869 150666<br />
63 OTHER EMPLOYEE BENEFIT PLANS 478007 203* 100* 309*<br />
64 NET LOSS. NONCAPITAL ASSETS<br />
1330 2171 10685<br />
9138<br />
3631<br />
6<br />
7187 3873<br />
-<br />
6954 4034<br />
0 65 OTHER DEDUCTIONS 7123951<br />
- 48* 285 74*<br />
16619<br />
1396<br />
27082<br />
68<br />
51119<br />
1893<br />
129978<br />
589<br />
110359 191915<br />
.11't<br />
482835 197346 381095 326202<br />
66 TOTAL RECEIPTS LESS DEDUCTIONS 4628152 6320' 242<br />
67 CONSTR TAX INC FM REL FOR CORFU)<br />
-1687<br />
0<br />
11015 28878<br />
190634<br />
.<br />
55156 171849 99227 198797<br />
*<br />
216719<br />
68 NET INCOME (LESS DEFICIT)(21<br />
.<br />
4812311 6320 242<br />
* 8817 2744<br />
69<br />
*1687<br />
NET INCOME 10589 28763<br />
4972996<br />
55156 172171<br />
10155 7496<br />
98971<br />
8424<br />
207043<br />
39510<br />
219071<br />
42098<br />
• 70 DEFICIT 160685<br />
75213<br />
3835*<br />
198885<br />
7254<br />
107634 219352 219975<br />
RETURNS OTHER THAN FORM )120*5I<br />
10111 28921 13335 20057 26714 8663 12309 904<br />
71 NET INCOME (LESS . DEFICIT)<br />
4808790 6393<br />
148<br />
• 72<br />
-1114 4667<br />
STATUTORY SPECIAL DEDS., TOTAL<br />
28621<br />
130504<br />
63743<br />
1175*<br />
167658<br />
1822<br />
96888 207043 219071<br />
73<br />
1982<br />
NET OPERATING LOSS CARRYFRD<br />
1247 3604<br />
35369 828*<br />
4567 9976<br />
1822<br />
4033 6948 6082<br />
74 DIVIDENDS .<br />
• 1982* 1149<br />
RECEIVED DEDUCTION.<br />
3587<br />
78924 347<br />
4292*<br />
(3)<br />
7119 1865* 2395 3525<br />
• 75<br />
(5)6 98*<br />
DED FOR DIV PDCPUB UTIL STK. . - —<br />
17* 275 2813 2168*<br />
.<br />
3379<br />
*<br />
2557<br />
76 WESTERN HEMISPHERE TRADE 050. *<br />
16211<br />
.<br />
-<br />
77 INCOME SUBJECT TO TAX — -<br />
4822335<br />
*<br />
8970<br />
44<br />
4818<br />
.<br />
6227 29521<br />
1174 -<br />
78 INCOME TAX (BEE CREDITS), TOT(3) 35557<br />
2275259<br />
67527 184638<br />
3845 1183<br />
101512 213588 213891<br />
• 79 SURCHARGE<br />
1483 9469 13036<br />
11827<br />
28206<br />
1<br />
84133 47979 100590 103093<br />
80<br />
(5)* (51*<br />
TAX RECOMP PRIOR YEAR INV. CR•<br />
32 64<br />
6781 2<br />
279 671<br />
—<br />
199*<br />
(5)6<br />
382 988<br />
81 FOREIGN TAX CREDIT<br />
311 279<br />
279580<br />
1<br />
26<br />
123<br />
—<br />
*<br />
54 84<br />
—<br />
96<br />
82 INVESTMENT CREDIT 19* (5)<br />
156665 85<br />
2019 875<br />
15) 255<br />
11388 4819<br />
83 NET INCOME(LESS DEFT AFTER TAX(4)<br />
620 1018<br />
2693717<br />
1131 4333<br />
2560 -941<br />
2144<br />
*2915<br />
5746<br />
1740<br />
2710<br />
84 NET INCOME AFTER TAX 16745<br />
2854645<br />
28079<br />
6395<br />
92371<br />
6313<br />
53136 112199 118688<br />
85 ESTIMATED TAX PAYMENTS<br />
7196 30661 30244<br />
1344036<br />
48136<br />
540 —<br />
119102 61799<br />
—<br />
124508 119592<br />
86 FORM 1120-5 NET INCOME (LESS DEP1<br />
1952 22 227*<br />
3521 *73*<br />
28182<br />
94<br />
25223<br />
-573* 57020 69218<br />
DISTRIBUTIONS TO STOCKHOLDERS)<br />
5922* 142* .85874 4513 2083 —<br />
87 CASH 6 PROP EXCEPT OWN STOCK 1772580 11784* 1089*<br />
88 CORPORATIONoS OWN STOCK<br />
84* 11719 4963<br />
144584<br />
6790 34603<br />
— -<br />
*<br />
21772 38886 51881<br />
SELECTED INVESTMENT ITEMS)<br />
*<br />
* 10343* 5278* 2404 11287<br />
•<br />
17461<br />
89 COST OF PROP. USED FOR INV. CR . 2799686 2846 2524<br />
90 INVESTMENT<br />
9103 15317 20259 19909 90161<br />
2637<br />
41602 85323 60203<br />
OP • 91 TENTATIVE IN QUALIFIED FOR CREDIT 2522621<br />
2342 7947 12049<br />
VESTMENT CREDIT<br />
16399<br />
176301<br />
15119<br />
178<br />
77621 36472<br />
211<br />
72796 53213<br />
92<br />
498<br />
INVESTMENT CREDIT CARRYFORWARD<br />
765 1066 993 •<br />
32696 97*<br />
5411<br />
4r11<br />
42*<br />
2558 5082 3719<br />
93 UNUSED INVESTMENT CREDIT<br />
211* 952 1132<br />
51610 191*<br />
1019 4720<br />
253*<br />
4332<br />
454<br />
10147<br />
1113<br />
3108<br />
1166<br />
•<br />
881 5798 4746 8757 4117<br />
FOOTNOTES AT BEGINNING AND END OF FILM<br />
0 U. S. TREASURY DEPARTMENT - INTERNAL REVENUE SERVICE<br />
MAJOR GROUP 15<br />
Manufacturing: Chemicals and allied products<br />
50.000 100,000<br />
UNDER UNDER 250,000<br />
100.000 250,000 OR MORE<br />
31 30 36<br />
25 29 34<br />
6 1 2<br />
2138430 4767911 26652084<br />
100949 162198 740075<br />
364305 731671 4471498<br />
5292 10389 70878<br />
340799 931643 4375692<br />
21454 106569 338391<br />
33963 33575 78947<br />
43487 77082 437149<br />
3454 .<br />
122 4458 3955<br />
268545 642297 4032633<br />
1405251 3196574 22556975<br />
596170 1416783 11 768672<br />
24 29188 323780<br />
5 15472 131172<br />
37757 91314 409939<br />
10968 78442 191679<br />
, 2507 47192 104296<br />
114780 169282 766484<br />
2138430 4767911 26652084<br />
148721 308535 1960479<br />
80805 184193 649559<br />
120559 356772 1562052<br />
42621 85973<br />
438076 628641 5377669 O.<br />
68772 162254 796309<br />
330072 520194 3423393<br />
216626 568128 3608324<br />
244 41320 263009<br />
760001 2027980 9218722<br />
25446 72727 293405<br />
2133282 5643829 27497945<br />
2049284 5487322 26683999<br />
1135 2650 15548<br />
663 1141 2831<br />
9557 16161 100823<br />
681 4497 29180<br />
11671 55051 141181<br />
82 748 2581<br />
4855 11874 119742<br />
293 934 9387<br />
'2587 5267 64610<br />
22625 31271 202853<br />
29849 26873 125210<br />
1843295 5022768 24567357<br />
1130832 2801004 16328059 0<br />
12314 26961 60562<br />
30841 90775 451006<br />
2665 13734 23008 0<br />
12365 41535 190547<br />
39794 129969 480772<br />
26455 43356 309482<br />
5425 15271 39952<br />
398 757 2982<br />
8 9 8 87 214572 1409527<br />
190 22249 97608<br />
97878 326721 1046017<br />
20724 59650 370181<br />
5936 27521 114758<br />
1626 674 2479<br />
365965 1208019 3635417<br />
289987 6:;0()V,<br />
16406<br />
140211<br />
305730 641974 3C67968<br />
318355 654464 3E71435<br />
12625 12490 3467<br />
305730 641974 3067968<br />
3590 8647 . 76831 p<br />
449 329 6027<br />
2402 5761 59107<br />
.<br />
•<br />
739 2557 11697<br />
315559 645816 2924711<br />
150814 309417 1422009 40<br />
290 1876 7045<br />
171<br />
5215<br />
23177 33::: 203271<br />
5137 12329 121157<br />
160053 344886 1767116<br />
172739 357377 1770583<br />
97127 192338 872187<br />
94207 236131 1258671<br />
. 7446 14618 75747<br />
119958 291830 2040651<br />
•<br />
106306 251736 1867984<br />
7441 17623 130756 O<br />
1166 1501 4269<br />
3471 6795 13868<br />
0<br />
$