1 - Internal Revenue Service
1 - Internal Revenue Service
1 - Internal Revenue Service
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LP-1 ON A L OVIDILAP R LP-283 283-RP<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, TAX, AND INVESTMENT CREDIT ITEMS, BY INDUSTRY GROUP AND BY SIZE OF TOTAL ASSETS<br />
RETURNS WITH AND WITHOUT NET INCOME<br />
RP-1 ON 62<br />
MAJOR GROUP 27<br />
Manuficturings Miscellaneous manufacturing Industries, including<br />
(SIZE OF TOTAL ASSETS AND MONEY FIGURES IN THOUSANDS OF DOLLARS) 4 rdnance end accessories<br />
OVER ZERO<br />
SIZE OF TOTAL ASSETS<br />
ITEM<br />
50 100 250<br />
TOTAL<br />
500 1.000<br />
UNDER UNDER<br />
5.000<br />
UNDER<br />
10,000<br />
wall<br />
25,000<br />
UNDER<br />
50,000<br />
Z:<br />
UNDER<br />
100.000<br />
ASSETS<br />
UNDER UNDER UNDER<br />
1,000 5.000<br />
UNDER 250,000<br />
250000<br />
•<br />
lgrg:0 250.000 OR MORE<br />
•<br />
NUMBER OF RETURNS WITH. AND WITHOUT NCT INCOME<br />
1 TOTAL<br />
9765 173<br />
2<br />
3644<br />
WITH NET INCOME 1614 2026 917<br />
6439<br />
725<br />
91*<br />
537 47 52 19 7<br />
3 WITHOUT NET INCOME<br />
1592 1286 1522 739 2 2<br />
3326 82*<br />
621<br />
2052<br />
476<br />
328*<br />
45<br />
504<br />
38<br />
4<br />
16 7<br />
FORM 1120-S<br />
178 2 2<br />
1111<br />
104<br />
-<br />
61 2 14 1 ..<br />
.111<br />
495 303* 153* 114* 38* .. ■<br />
8 - -<br />
-<br />
5 TOTAL ASSETS<br />
- -<br />
5701901<br />
6 CASH<br />
69932 114907 326637 331916<br />
382900<br />
497075 1063381<br />
9976<br />
335417<br />
18600<br />
820343 687890<br />
IP 35631 44155 519636<br />
34123 77665<br />
239411<br />
7 NOTES AND ACCOUNTS RECEIVABLE 695356<br />
1588637 20615 29959 13055<br />
91610<br />
46270<br />
8<br />
41063 20327<br />
LESS, ALLOWANCE FOR BAD DEBTS<br />
19586 22449<br />
59920<br />
97766 155187<br />
211<br />
305514<br />
269<br />
94727<br />
1482<br />
193405<br />
9<br />
166061<br />
INVENTORIES 2290 140842 51149 241802<br />
1709727 4094<br />
17988<br />
6365<br />
22901<br />
4307 6252 2690 3417<br />
• 26<br />
INVESTMENTS IN GOVT. MUG;<br />
99912 90334 194192 366175 103177 232840<br />
27917<br />
214525 158522 783 6 10 UNITED STATES<br />
77 130784<br />
11<br />
60815<br />
■ 603<br />
STATE ANC LOCAL<br />
(5) 214* 344*<br />
6307<br />
1410* 23734 ■<br />
-<br />
575*<br />
13893 2120 7528<br />
• 12 OTHER CURRENT ASSETS<br />
5907 5062<br />
98537 - 328* .<br />
756<br />
3151* - 71 1665 517<br />
13 LOANS TO STOCKHOLDERS<br />
2582 sloa 3138 -<br />
17362 -<br />
7721<br />
1857*<br />
23733<br />
4107*<br />
3955<br />
1622<br />
33388<br />
5185<br />
8974<br />
1071*<br />
8490<br />
14 MORTGAGE AND REAL ESTATE LOANS. 1384<br />
692<br />
3614 - - -<br />
11 2125<br />
- -<br />
- -<br />
15 OTHER INVESTMENTS 1527* 34<br />
455517 .<br />
-<br />
86*<br />
991* .8* 899 136 .<br />
16 DEPRECIABLE ASSETS 1266* 9351 19 .<br />
2248696<br />
14470<br />
■ 33845<br />
16984 4930 8<br />
55796<br />
45376<br />
116005<br />
88055<br />
17 140305<br />
103404<br />
199969<br />
60427<br />
LESS, ACCUM DEPRECIATION 363610 101405<br />
41380<br />
306770<br />
25410<br />
1108163 ■ 18850 29877 52998 242132<br />
18 209165<br />
DEPLETABLE ASSETS 74471 94024 385670<br />
9814 128725 181475 39918<br />
296<br />
139038<br />
19 820*<br />
.<br />
112288 101634<br />
LESS, ACCUM DEPLETION - -<br />
-<br />
55357 173532<br />
820* . 5 - 820*<br />
.<br />
-<br />
20 LAND<br />
.<br />
.<br />
-<br />
8698<br />
72995 -<br />
■<br />
2) INTANGIBLE ASSETS (AMORTIZABLE)<br />
856 5640 5347 7614 15872 5974<br />
•<br />
10459<br />
-<br />
17696 - 285 1482*<br />
6942<br />
22 5274<br />
LESSt ACCUM AMORTIZATION<br />
2315 6697<br />
5977 -<br />
1058 374* 3340 4758<br />
149<br />
1170* 3788 526<br />
23 OTHER ASSETS 169* 377 915 - -<br />
204164<br />
122*<br />
-<br />
989<br />
3126<br />
1631<br />
7377<br />
772*<br />
13241<br />
1200<br />
7019 197<br />
9272 16957<br />
371 -<br />
11556 -<br />
34870 15517<br />
24 TOTAL LIABILITIES<br />
13051 1945 70233<br />
5701901<br />
25 ACCOUNTS PAYABLE<br />
- 69932 114907 326637 331916<br />
687791 -<br />
497075 1063381 335417 820343 687890<br />
26 13528 519636<br />
MORT., 407E5, BONDS UNDER 1 YR.<br />
19064 59477 43385 239411 695356<br />
588285 117968<br />
..<br />
144622<br />
5443 50862<br />
5677 33338<br />
84478<br />
27<br />
55286 49056<br />
OTHER CURRENT LIABILITIES 31696 15551 34514<br />
460486<br />
72624<br />
..<br />
142090<br />
7602 5662<br />
37761<br />
23316<br />
100761 62733<br />
28 LOANS FROM STOCKHOLDERS 27509 46413 22423 27326<br />
103420 -<br />
37678<br />
9504<br />
87112<br />
5267<br />
27720<br />
20600<br />
56272<br />
29<br />
56277 31746<br />
MORT., NOTES, BONDS OVER 1 YR.• 8375 6033 93559<br />
736629 -<br />
20079 24091<br />
3003<br />
3697* 11807<br />
30<br />
.-<br />
OTHER LIABILITIES 7106 39406 31079 44397<br />
3320<br />
103123<br />
4899<br />
51352<br />
10557<br />
132658<br />
31<br />
150891<br />
79382<br />
CAPITAL STOCK<br />
88433 35579 121111<br />
800044<br />
4420 4306<br />
34677<br />
43837<br />
32581<br />
4937 68409<br />
'22427<br />
32<br />
20272 11425<br />
PAID-IN OR CAPITAL SURPLUS 67818 11302 9189<br />
387821<br />
72041 151358<br />
3299<br />
25988<br />
4928 14683<br />
106041 88609 57181<br />
33 RETAINED EARNINGS, APPROP<br />
S4170 41171<br />
24852<br />
7660 21484 49442 34835 48667 54320 42207<br />
34 RETAINED EARNINGS. UNAPPROP<br />
(5)* 42 1686* 6532 99764<br />
1848357<br />
3510* 6281* 36 TOTAL RECEIPTS<br />
9069505. -- 35546<br />
-37 204495<br />
BUSINESS RECEIPTS<br />
255936 ■ -8714<br />
3570<br />
30802<br />
75*<br />
57307<br />
5847 3191 ..<br />
35 LESS, COST OF TREASURY STOCK - 651<br />
86675 -<br />
113228 118030<br />
1730*<br />
333310<br />
1121*<br />
106718<br />
2142<br />
259659<br />
6764<br />
274098 199535<br />
17812 19174<br />
90520<br />
8528*<br />
273864<br />
8274 6278 6360 2699 5793<br />
704074 632370<br />
8883601<br />
1172811 1828456<br />
35091 567373 1088421 952636 633474<br />
•<br />
203321 251673 251979<br />
INTEREST ON GOVT• OBLIGATIONS,<br />
697023 624256 1163470 1807926 741934<br />
560485<br />
38<br />
1066929<br />
UNITED STATES<br />
• •<br />
910916 619616 249453 693442<br />
2171<br />
- 39<br />
-<br />
STATE AND LOCAL<br />
- (5)<br />
•<br />
82*<br />
241 - . - . - 3<br />
- 765 3* •• 637<br />
40 10<br />
OTHER INTEREST<br />
245 213 213<br />
28379<br />
16*<br />
227 (5)*<br />
(5)* 189<br />
50*<br />
-<br />
491.<br />
- 1 8<br />
41 RENTS<br />
26 1<br />
10319 • 1<br />
932<br />
7<br />
459<br />
173*<br />
2107<br />
141*<br />
1394<br />
•<br />
1622<br />
42<br />
3084 - 3635<br />
ROYALTIES<br />
2399 - ' 721 1123 13255<br />
7235<br />
615<br />
5<br />
2627<br />
2<br />
388*<br />
85*<br />
1026<br />
43<br />
409 252 3<br />
NET S-T CAP GAIN LESS L-T LOSS.<br />
1548<br />
718 . - 113*<br />
.'<br />
- 871*' 638<br />
-<br />
160*<br />
44 2<br />
2534 1794 417<br />
NET L-T CAP GAIN LESS S-T LOSS. 87 529<br />
17732<br />
16<br />
57*<br />
40*<br />
1<br />
47<br />
•212<br />
269 280 64<br />
• 45 NET GA, M NONCAPITAL ASSETS.••• . 3394 ..<br />
4230 9<br />
885* 1265<br />
■ 42*<br />
312 1703 4096<br />
46<br />
5402<br />
DIVIDENDS, DOMESTIC CORPS 251* 712 2 403<br />
9033 .<br />
71* 2574<br />
■ (5)*<br />
85<br />
117*<br />
240 92<br />
47 DIVIDENDS. FOREIGN CORPS<br />
110 19 25<br />
4456<br />
49* (5)*<br />
.<br />
1076<br />
-<br />
648*<br />
16*<br />
782<br />
-<br />
885 367<br />
• 48 OTHER RECEIPTS<br />
139 4970<br />
101390 197* 942<br />
110<br />
3944<br />
117<br />
3447<br />
774 2471 260 260<br />
I I' 2192 6440 9130 3734<br />
448<br />
11904<br />
49 TOTAL DEDUCTIONS<br />
28591 3080 680 27100<br />
8529648 31701 206289<br />
41 50 COST OF SALES AND OPERATIONS 247862 685548<br />
6103113<br />
599387 1144393 1714728 527162 1031885 866330<br />
51<br />
25122 132431 574137<br />
COMPENSATION OF •OFFICERS<br />
161651 493899 214150 686076<br />
246629<br />
430656<br />
1558*<br />
874611<br />
24497<br />
1290660<br />
31295<br />
386087<br />
• 42832 -<br />
686707<br />
52 REPAIRS<br />
620910 434855 161381 414143<br />
69983<br />
29227<br />
231<br />
34744<br />
853<br />
48276<br />
1042<br />
6763<br />
2400<br />
12166 8892 3528<br />
• 53 BAD OUTS<br />
570 2281<br />
35838<br />
3563 3047<br />
379<br />
6820<br />
492<br />
1905<br />
1421 '<br />
7847<br />
54<br />
11494 8111<br />
KENT PAID ON BUSINESS PROPERTY<br />
2765 19899<br />
93665 771*<br />
2421<br />
6452<br />
3180 4331<br />
6430<br />
1719<br />
10303<br />
4798<br />
55 TAXES PAID<br />
2768 1075 83 13171<br />
201444<br />
7851<br />
801<br />
8842<br />
5322<br />
14031<br />
5510<br />
3042<br />
16348<br />
11037 7393 3515<br />
40 56 INTEREST PAID 724 13265<br />
89547<br />
14371<br />
242<br />
26793<br />
743<br />
37166 9293<br />
1125<br />
25105 2236d<br />
57 12199<br />
CONTRIBUTIONS OR GIFTS 4149<br />
6766 19404<br />
7648 12<br />
3897<br />
7<br />
9634 17691<br />
19 234<br />
6038<br />
58<br />
15818<br />
AMORTIZATION<br />
10768 7143 1369 10930<br />
3661<br />
237<br />
(51* 50<br />
235 1187<br />
85 712<br />
59 67<br />
1568 1777<br />
DEPRECIATION<br />
990<br />
•<br />
197 673<br />
165433 307*<br />
16 983<br />
3738<br />
432<br />
6133<br />
1241*<br />
10614<br />
473 281<br />
60 DEPLETION<br />
21 . 12<br />
11 . 11113 13497 26069<br />
■ .<br />
7154 22082 16444<br />
61 ADVERTISING<br />
•<br />
15260 5679 27343<br />
202135<br />
62<br />
421 1642<br />
PENSION, PROF SH•IANNUITY PLANS<br />
2495 7648 - (5) 11 -<br />
- -<br />
58521 345<br />
5701 11369<br />
254<br />
26429<br />
613*<br />
24704<br />
2256<br />
41570<br />
63<br />
40300 11162<br />
OTHER EMPLOYEE BENEFIT PLANS 6423 22271<br />
33715<br />
1630<br />
183 3678<br />
. 587<br />
8982<br />
363<br />
4795<br />
2134<br />
10161<br />
64<br />
7612 5416<br />
NET LOSS, NONCAPITAL ASSETS...• 2138 6172 - 6607<br />
1004 1737 5354 2<br />
■ ■ 80*<br />
,169<br />
151*<br />
4838 5003<br />
49*<br />
4440 *<br />
• 65 OTHER DEDUCTIONS 4469<br />
1217101 1708<br />
16*<br />
29334<br />
219<br />
30520<br />
41<br />
91086<br />
312<br />
86517 83<br />
152027 237081 71188 187403 110239 66422<br />
66 TOTAL RECEIPTS LESS DEDUCTIONS•.•<br />
22021 131555<br />
539857 3845<br />
67 CONSTR TAX INC FM REL FOR'CORP(1)<br />
-1794 8074 18526<br />
2163<br />
-<br />
32983 28418 113728<br />
-<br />
.<br />
40211<br />
.<br />
56536<br />
-<br />
86306 59337<br />
68 NET INCOME (LESS DEFICIT)121<br />
37829<br />
■<br />
55858<br />
541779 3845 .1794 8074<br />
92<br />
18526<br />
207 1627<br />
69 NET INCOME<br />
32967 127 . 110<br />
607558<br />
28418<br />
3853<br />
113539<br />
3924<br />
40303<br />
11767<br />
56742 87925 59438 37829<br />
• 70 DEFICIT<br />
26270 42600 55967<br />
65779 8<br />
39488 126595<br />
5718 3693*<br />
40853.<br />
7744<br />
68254 90720 59438<br />
RETURNS OTHER THAN FORM 1120.Si 9633 11070 13056<br />
37829<br />
550<br />
55967<br />
11512<br />
.71<br />
2795 - . -<br />
NET INCOME (LESS DEFICIT)<br />
515834 3845<br />
72<br />
-2102<br />
STATUTORY SPECIAL OEDS., TOTAL<br />
5582 16630 17682<br />
34877<br />
25110<br />
146<br />
110883<br />
213*<br />
40303<br />
2117*<br />
56742 87925<br />
73<br />
59438<br />
NET OPERATING<br />
37829<br />
LOSS CARRYFRD 2194 55967<br />
26380<br />
1167<br />
146<br />
3757 8301<br />
213* 2117*<br />
3019*<br />
2094<br />
3384 751<br />
74<br />
314<br />
DIVIDENDS RECEIVED DEDUCTION.<br />
118 9396<br />
8490 -<br />
1118* 3757* 7379 2466*<br />
(51* 100*<br />
2638<br />
75<br />
- 1<br />
!IP<br />
'DEO FOR DIV PO, PUB UTIL STK.<br />
- 4451<br />
76 -<br />
49*<br />
-<br />
(5)*<br />
WESTERN HEMISPHERE TRADE DEO. 922<br />
• -<br />
553* 7 -<br />
739 751 313 118<br />
-<br />
4945<br />
■ ■ - - - - - -<br />
77 INCOME SUBJECT TO TAX<br />
. .<br />
545193 3707<br />
.<br />
2919<br />
.<br />
- 7 . .<br />
4P<br />
- - -<br />
78 INCOME TAX (BEF CREDITS), TOT(3)•<br />
5815 21915 26182 -<br />
244932<br />
32454<br />
1703<br />
115747<br />
551<br />
37851<br />
1144<br />
65023<br />
6074<br />
89969<br />
79 SURCHARGE<br />
9087 59330 37711 46570<br />
2126 -<br />
12807 53596<br />
(5)* (5)*<br />
18159 31052<br />
SO<br />
42812 27569<br />
TAX RECOMP PRIOR YEAR INV. CR 1 18089 22289<br />
248<br />
65<br />
15)<br />
163 645 218<br />
■<br />
131 540 363<br />
• 81 FOREIGN TAX CREDIT<br />
(5)* (5)*<br />
4707 -<br />
33<br />
.<br />
(51*<br />
-<br />
74 (5)<br />
(5)*<br />
49<br />
82 INVESTMENT CREDIT<br />
53 4 (5) 35<br />
8490 29<br />
(5)*<br />
1<br />
74<br />
126<br />
125<br />
350<br />
1371 2358 337<br />
93 NET /NCOME(LESS DEF) AFTER TAX(4) 176 266<br />
305337<br />
575<br />
2171 -2344<br />
907 1252<br />
7056<br />
418<br />
12802<br />
827 1109 949 324<br />
• 84 NET INCOME AFTER TAX<br />
24455 1623<br />
371119 2179<br />
16518<br />
3374<br />
61195<br />
10749<br />
22562<br />
20546<br />
26517 46222<br />
85 ESTIMATED TAX PAYMENTS<br />
34089 32818 20064 35301<br />
119421 470 .<br />
27588 74251 23112 38031 49017 32818<br />
86 FORM 1120.5 NET INCOME (LESS DEF) ■<br />
20064 35301<br />
25945<br />
' 66* ■<br />
- 308<br />
17788<br />
2492* 9772<br />
1896<br />
20829<br />
15285*<br />
24600<br />
(P 3308*<br />
18910<br />
DISTRIBUTIONS TO STOCKHOLDERS, 2656<br />
12885<br />
-<br />
14101<br />
-<br />
-<br />
87 CASH & PROP EXCEPT OWN STOCK•.• -<br />
-<br />
97831<br />
68 CORPORATIONSOWN STOCK<br />
133 . 716* 1503<br />
14237<br />
4644 2990*<br />
423* - -<br />
10025 1856* 13881 16777<br />
-<br />
16815 12917<br />
4P SELECTED INVESTMENT ITEMS, - 2481* 7202*<br />
15484<br />
709<br />
89.<br />
1429 1993<br />
COST OF PROP. USED FOR INV. CR . 164570 682*<br />
90.<br />
1582<br />
INVESTMENT QUALIFIED FOR CREDIT 3087 11509<br />
128735<br />
10350<br />
522 10047<br />
1109<br />
24326<br />
1567<br />
9271<br />
9063<br />
21869<br />
9205<br />
25071<br />
91 9514<br />
16191<br />
IP<br />
TENTATIVE INVESTMENT CREDIT 19437<br />
5819<br />
7075<br />
24766<br />
8721 31 43 84 512<br />
15739<br />
92 589<br />
16143 13486<br />
INVESTMENT CREDIT CARRYFORWARD 629 1346<br />
4625<br />
499<br />
21250<br />
2550 - 24 (5)* 42 508<br />
1103<br />
188<br />
1129<br />
93 UNUSED INVESTMENT CREDIT 491<br />
944<br />
609<br />
324<br />
76*<br />
1488<br />
2781 26 42* (5)* 654<br />
472<br />
I<br />
218 213 704 156* 748<br />
135<br />
20<br />
1 AI<br />
• ; 1.<br />
FOOTNOTES AT BEGINNING AND END OF FILM<br />
pp • U. S. TREASURY DEPARTMENT . INTERNAL REVENUE SERVICE<br />
051<br />
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