1 - Internal Revenue Service
1 - Internal Revenue Service
1 - Internal Revenue Service
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LP-1 ON 4<br />
OVER ZERO<br />
TOTAL ZERO UNDER<br />
ASSETS 50<br />
L OVERLAP R LP.878<br />
278•RP<br />
1967 CORPORATION<br />
SOURCE BOOK OF STATISTICS OF INCOME<br />
ACTIVE CORPORATION INCOME TAX RETURNS,<br />
BALANCE SHEET, INCOME STATEMENT, TAXI AND INVESTMENT CREDIT ITEMS. BY<br />
RETURNS WITH ANO WITHOUT NET INCOME<br />
•<br />
• ITEM<br />
(SIZE OF TOTAL ASSETS AND MONEY FIGURES<br />
50<br />
UNDER<br />
100<br />
100 250<br />
UNDER UNDER<br />
250 500<br />
JULY 1967 ■ JUNE 1968<br />
INDUSTRY GROUP AND BY SIZE OF TOTAL ASSETS<br />
IN THOUSANDS OF DOLLARS)<br />
SIZE OF TOTAL ASSETS<br />
500 1.000 5,000<br />
UNDER UNDER UNDER<br />
1,000 5.000 10.000<br />
RP-1 ON 62<br />
WI?<br />
MAJOR GROUP 23<br />
Manufacturing: Electrical machinery, equipment, and supplies<br />
10,000 25.000<br />
UNDER UNDER<br />
25.000 50.000<br />
50,000 100,000<br />
UNDER UNDER 250.000<br />
100.000 250,000 OR MORE<br />
•<br />
NUMBER OF RETURNS WITH AND WITHOUT NET INCOME<br />
1 TOTAL' 10737<br />
• ' 2 WITH NET INCOME 7135<br />
3 WITHOUT NET INCOME 3602<br />
4 FORM 1120-S 1148<br />
5 TOTAL ASSETS 31536089<br />
6 CASH 1603114<br />
• 7 NOTES AND ACCOUNTS RECEIVABLE 9153605<br />
B LESSI ALLOWANCE FOR BAD DEBTS 130882<br />
9 INVENTORIES 8406348<br />
INVESTMENTS IN GOVT. 04061<br />
10 UNITED STATES 185209<br />
11 STATE AND LOCAL 68743<br />
12 OTHER CURRENT ASSETS 869316<br />
13 LOANS TO STOCKHOLDERS 18293<br />
14 MORTGAGE AND REAL ESTATE LOANS 13339<br />
15 OTHER INVESTMENTS 3219220<br />
16 DEPRECIABLE ASSETS 12064903<br />
17 LESS, ACCUM DEPRECIATION 5828763<br />
.18 DEPLETABLE ASSETS 2812*<br />
19 LESS, ACCUM DEPLETION 1452<br />
20 LAND 319125<br />
21 INTANGIBLE ASSETS (AMORTIZABLE) 169850<br />
22 LESS, ACCUM AMORTIZATION 69968<br />
23 OTHER ASSETS 1473227<br />
24 TOTAL LIABILITIES 31536089<br />
25 ACCOUNTS PAYABLE 3741920<br />
26 MORT., NOTES, BONDS UNDER 1 YR 2826274<br />
27 OTHER CURRENT LIABILITIES 2743695<br />
28 LOANS FROM STOCKHOLDERS 212097<br />
• 29 MORT.. NOTES, BONDS OVER 1 YR 5309801<br />
30 OTHER LIABILITIES 1495895<br />
31 CAPITAL STOCK 3372798<br />
• 32 PAID-1N OR CAPITAL SURPLUS 3609378<br />
I 1 33 RETAINED EARNINGS, APPROP 264599<br />
34 RETAINED EARNINGS, UNAPPROP 8179781<br />
• 35 LESS. COST OF TREASURY STOCK 220149<br />
36 TOTAL RECEIPTS<br />
37 BUSINESS RECEIPTS<br />
INTEREST ON GOVT. OBLIGATIONS,<br />
38 UNITED STATES<br />
• 39 STATE AND LOCAL<br />
40 OTHER INTEREST<br />
41 RENTS<br />
• 42 ROYALTIES<br />
43 NET S - T CAP GAIN LESS L—T LOSS<br />
44 NET L—T CAP GAIN LESS 5..7 LOSS<br />
• 45 NET GAIN, NONCAPITAL ASSETS<br />
46 DIVIDENDS. DOMESTIC CORPS<br />
47 DIVIDENDS. FOREIGN CORPS<br />
• 48 OTHER RECEIPTS<br />
49 TOTAL DEDUCTIONS 40173038<br />
• 50 COST OF SALES AND OPERATIONS 29436877<br />
51 COMPENSATION OF OFFICERS 447635<br />
52 REPAIRS ' 310791<br />
• 53 BAD DEBTS<br />
77977<br />
54 RENT PAID ON BUSINESS PROPERTY 367251<br />
55 TAXES PAID<br />
966470<br />
• 56 INTEREST PAID . 459045<br />
57 CONTRIBUTIONS OR GIFTS 35036<br />
58 AMORTIZATION<br />
15227<br />
• 59 DEPRECIATION 1082289<br />
60 DEPLETION<br />
205<br />
61 ADVERTISING 582794<br />
• 62 PENSION, PROF SH"ANNUITY PLANS 394147<br />
63 OTHER EMPLOYEE BENEFIT PLANS 226608<br />
64 NET LOSS, NONCAPITAL ASSETS 4383<br />
• 65 OTHER DEDUCTIONS 5746303<br />
•<br />
69 NET INCOME 3354106<br />
66 TOTAL RECEIPTS LESS DEDUCTIONS 3056884<br />
67 CONSTR TAX INC FM REL FOR CORP(1) 75793<br />
68 NET INCOME (LESS DEFICIT)(2) 3129306<br />
• 70 DEFICIT<br />
' 224800<br />
RETURNS OTHER THAN FORM 1120 ■51<br />
71 NET INCOME (LESS DEFICIT) 3105674<br />
• 72 STATUTORY SPECIAL DEDS.. TOTAL 84091<br />
73 NET OPERATING LOSS CARRYFRD" .67267<br />
74 DIVIDENDS RECEIVED DEDUCTION, 12092<br />
•<br />
•<br />
•<br />
•<br />
75 DED FOR DIV PD. PUB UTIL STK. -<br />
76 WESTERN HEMISPHERE TRADE DED 4732<br />
77 INCOME SUBJECT TO TAX 3236510<br />
78 INCOME TAX (68F CREDITS), TOT(3) 1523766<br />
79 SURCHARGE<br />
4600<br />
'80 TAX RECOMP PRIOR YEAR INV. CR 4152<br />
81 FOREIGN TAX CREDIT 113572<br />
82 INVESTMENT CREDIT 66861<br />
83 NET INCOME . (LESS DEF) AFTER TAX(4) 1672401<br />
84 NET INCOME AFTER TAX 1897753<br />
85 ESTIMATED TAX PAYMENTS 905950<br />
86 FORM 1120.8 NET INCOME (LESS DEF) 23632<br />
DISTRIBUTIONS TO STOCKHOLDERS,<br />
87 CASH & PROP EXCEPT OWN - STOCK 792429<br />
88 CORPORATIONS OWN STOCK 57998<br />
SELECTED INVESTMENT ITEMSI<br />
89 COST OF PROP. USED FOR INV. CR . 1374573<br />
90 INVESTMENT QUALIFIED FOR CREDIT 1018395<br />
91 TENTATIVE INVESTMENT CREDIT.," 70860<br />
92 INVESTMENT CREDIT CARRYFORWARDo 14508<br />
93 UNUSED INVESTMENT CREDIT 10476<br />
FOOTNOTES AT BEGINNING AND END. OF FILM<br />
244 2666<br />
192<br />
52<br />
1380<br />
12E6<br />
341*<br />
47008<br />
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▪ 103*<br />
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331<br />
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748<br />
379<br />
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8180*<br />
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24814<br />
254*<br />
42*<br />
3833*<br />
4231<br />
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123354<br />
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423*<br />
136*<br />
324*<br />
(5)<br />
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1650<br />
228977<br />
143854<br />
28681<br />
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386<br />
5153<br />
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497<br />
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35486<br />
4314<br />
2995<br />
165<br />
295<br />
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2116 1569<br />
1447 1139<br />
669 430<br />
189* 189*<br />
337134 535499<br />
38887 63375<br />
97809 148002<br />
1098 1625<br />
100544 165680<br />
1428*<br />
6149 16970<br />
2800<br />
410*<br />
1103*<br />
164*<br />
9497 19578<br />
99848 170442<br />
44700 82256<br />
3618 3813<br />
4868 12437<br />
2276<br />
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71743<br />
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24865<br />
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142550<br />
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20671<br />
45005 141<br />
45001<br />
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45001 .879<br />
4080 983<br />
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212 715<br />
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65. 273*<br />
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55928<br />
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9376 1318<br />
819* 2263<br />
11621 20446<br />
9778 15787<br />
561 1054<br />
292 478<br />
591 788<br />
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38480<br />
256453<br />
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80660<br />
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33* 187 39<br />
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562 3860 1233<br />
3033* 4952 1388<br />
33* 66* (5)<br />
572 3737 1061<br />
138 1585 831<br />
(5)* 1217 528<br />
33* 549 620*<br />
12189 29795 8850<br />
1066795 3492960 1453772<br />
743993 2569012 1037993<br />
52490 82893 23632<br />
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4804 6008 2807<br />
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7761 28418 13649<br />
644 2594 1359<br />
350 1468 550<br />
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91* 60<br />
11429 35502 18798<br />
6064 20866 10931<br />
3503 12647 5658<br />
903* 911 271<br />
172936 537316 251420<br />
75741 236127 96281<br />
536 8<br />
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97681 282205 117225<br />
21973 45729 20975<br />
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6182 17504 9052<br />
(51* 1042 446<br />
81291 260604 107726<br />
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427 883 497<br />
1 154 62<br />
82* 582 159<br />
976 3638 1759<br />
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5017* 42014 31538<br />
10206* 3026<br />
8675 16607 8045<br />
39 7383 2502*<br />
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886 2636 2000<br />
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34367 108706 542743 •<br />
9<br />
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327412 436237 1848324 •<br />
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18602 22026 59372 •<br />
829 6593 34165<br />
59328 150979 981514<br />
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163746 121849 1764923 •<br />
184166 263027 1617316<br />
245 11233<br />
361931 671710 3302753 •<br />
64233 58759 1146044<br />
167363 326753 1689366<br />
316177 463650 1751297<br />
•<br />
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•<br />
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23 30 210<br />
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7423 10523 13135 g<br />
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5291 674 2007<br />
1473 2442 2469<br />
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5033 44297<br />
159509 212410 889813<br />
166932 223012 902949<br />
79292 143806<br />
•<br />
495180<br />
60836 141657<br />
•<br />
495583<br />
9392 12708 11522<br />
85958 •<br />
131321 831439<br />
67682 85818 617374<br />
4738 6007 43108<br />
1822<br />
•,<br />
10 3890<br />
2113 984 2700<br />
U. S. TREASURY DEPARTMENT ■ INTERNAL REVENUE SERVICE