1 - Internal Revenue Service

LP-1 ON 4 L OVERLAP R LP-299 299-RP RP-1 ON 62
1967 CORPORATION
SOURCE BOOK OF STATISTICS OF INCOME
ACTIVE CORPORATION INCOME TAX RETURNS. JULY 1967 JUNE 1968
BALANCE'SHEET, INCOME STATEMENT. TAXI AND INVESTMENT CREDIT ITEMS. BY INDUSTRY GROUP AND BY SIZE OF TOTAL ASSETS
• RETURNS WITH ANO WITHOUT NET INCOME
•
111A
• •
•
•
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01".
S
S
•
ITEM
063
MAJOR GROUP 39
Trade: Retails Automotive dealers and gasoline service stations
(SIZE OF TOTAL ASSETS AND MONEY FIGURES IN THOUSANDS OF DOLLARS)
SIZE OF TOTAL ASSETS
OVER ZERO 50 100 250 500 1.000 5,000 10.000 25.000 50.000 100.000
TOTAL ZERO UNDER UNDER UNDER UNDER UNDER UNDER UNDER UNDER UNDER UNDER UNDER 250.000
ASSETS 50 100 250 500 1.000 5.000 10.000 25.000 50.000 100.000 250.000 OR MORE
NUMBER OF RETURNS WITH AND WITHOUT NET INCOME
1 TOTAL 50644 1254 13755 7569 13232 8155 4370 2254 38 17 . -
2 WITH NET INCOME 34021 371 6955 4450 10146 6696 3522 1834 32 15
3 WITHOUT NET INCOME 16623 883 6800 3119 3086 1459 848 420 6 a
4 FORM 1120.5 7270 153* 2388 1364 2275 795 190 103 - 2
5 TOTAL ASSETS 13228396 ■ 283583 551659 2155803 2828262 3021896 3911702 245039 230452 - -
6 CASH 982093 - 35795 56913 207858 205591 226791 231430 10561 7114 -
7 NOTES AND ACCOUNTS RECEIVABLE.. 2651214 52170 97058 380515 523130 530387 907029 94822 66103 t
8 LESSI ALLOWANCE FOR BAD DEBTS ' 74446 . 853 3046 8617 12997 15324 31170 1424 1015 -
9 INVENTORIES 6082501 - 107359 250188 1014369 1437541 1497542 1652429 65823 57250
INVESTMENTS IN GOVT. OBLIGI
10 UNITED STATES 32743 128* 212 1916 5559 18470 5929 27 502 -
11 STATE AND LOCAL 2814* ■ - - 1001* 393 246* 1174 - -
12 OTHER CURRENT ASSETS 262408 ... 4546 7678 46035 62004 55612 73222 3112 10199 - •
13 LOANS TO STOCKHOLDERS 57366 4837 59i0 12378 13126 7799 13205 35 56 -
14 MORTGAGE AND REAL ESTATE LOANS 13134 1591 1150* 1361 1576 550* 4016 2890
15 OTHER INVESTMENTS 387803 2763 2964 44610 51263 88271 164569 6632 26731 •
16 DEPRECIABLE ASSETS 3426731 118133 174742 570925 674499 733516 1002791 70417 81708
17 LESS. ACCUM DEPRECIATION 1505760 60641 80366 259703 319910 323352 398634 28778 34376 -
18 DEPLETABLE ASSETS 5949 .. 208 778* 212 4673 78 - .. 0
19 LESS' ACCUM DEPLETION 2172* 169 558* - 1386 • - 59 - - -
20 LAND 543117 5481 19255 71475 91321 119091 205641 16601 14252 -
21 INTANGIBLE ASSETS (AMORTIZABLE) 25082 639 1276 2438 12356 2857 5317 2 197 - •
22 LESSI ACCUM AMORTIZATION 9210 187 914 1078 4481 922 1627 1 -
23 OTHER ASSETS 347029 11783 18359 70108 84004 80362 76362 4320 1731 -
•
24 TOTAL LIABILITIES 13228396 ■ 283583 551659 2155903 2828262 3021896 3911702 245039 230452
25 ACCOUNTS PAYABLE 1325124 - 59959 73669 243576 291779 259289 339019 23790 34043
26 MORT.. NOTES. BONDS UNDER 1 YR 4198656 - 53412 132460 592078 877111 1060105 1337274 90348 55868 •
27 OTHER CURRENT LIABILITIES 783616 - 19507 23759 101954 173977 181528 253939 10908 11044
28 LOANS FROM STOCKHOLDERS 394057 .. 45634 41065 102509 94120 56743 48126 4444* 1416
29 MORT.. NOTES. BONDS OVER 1 YR 1240697 32977 50167 212843 239766 246593 400118 28811 29322 - •
30 OTHER LIABILITIES 287028 - 7787 16993 35151 45385 66572 99210 3199 12731 , -
31 CAPITAL STOCK 2125726 ■ 123617 159670 462058 513433 409965 426376 14906 15701 -
32 PAID-IN OR CAPITAL SURPLUS 197468 - 5689 12772 35876 48747 32554 50215 4029 7586 - •
33 RETAINED EARNINGS. APPROP 67229 - 2237 2170 6714 19892 20838 9305 537 5536
34 RETAINED EARNINGS. UNAPPROP•••• 2779759 -61000 52260 374698 545744 727801 1018282 64608 57366 - ■ -
35 LESS! COST OF TREASURY STOCK 170964 6236 13426 18654 21692 40092 70162 541 161 - - •
36 TOTAL RECEIPTS 53630939 171806 1772144 2106901 8601777 12150097 13409352 14521436 500367 397059 ■
41 37 BUSINESS RECEIPTS 53007317 166022 1751511 2088352 8512954 12022480 13281231 14316645 486749 380973 •
INTEREST ON GOVT. OBLIGATIONS'
38 UNITED STATES 1461 40* (5)
247 165 502 436
13 58 - -
41 39 STATE AND LOCAL 143 -
(5)
33 106 (5) .
. 41
40 OTHER INTEREST 57108 257* 490 20:1 6233
100:: 21595
187:
.
41 RENTS
129264
4351 5491 12645 gii1 24213
5
- .
Igt: - 98
.
- •
41 42 ROYALTIES
121
(5) 11
43 NET S.T CAP GAIN LESS L-T LOSS. 1720
15) 172*
1
712 124* 393
-
44 NET L ...1. CAP GAIN LESS S-T LOSS 20515 567* 2358* 251 Sg: 1831
8523
2:90:
- -
41 45 NET GAIN. NONCAPITAL ASSETS•••• 13342 1424* 225: 399
8
3396
107 -
-
•
46 DIVIDENDS. DOMESTIC CORPS
527;
(5) 172::
1869 232
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-
47 DIVIDENDS. FOREIGN CORPS
-
-
5 - - 48 OTHER RECEIPTS 394666
1034
84755 88001
531816!
41
2285 11004 62271 119288
10812 ■ •
■ tri
49 TOTAL DEDUCTIONS
53087181 174162 1770692 2096948 8507179 12032415 22221 13268963 14358043 492921 385858
-
41 so COST OF SALES AND OPERATIONS • 414656209 134291 1351399 166150
7061086 10136584 11385232 12225706 413638 286623
.
•
51 COMPENSATION OF OFFICERS
865816 3447 80717
197951 205841
135952 3598 2736
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52 REPAIRS
100625 354 3596
17056 1:017/; 26089
.
53 BAD DEBTS
94596 717
19165 21718 201: 1253
- - •
411) 54 RENT PAID ON BUSINESS PROPERTY. 487730 2318 44181 29593
110997 1(2):7:6
5S TAXES PAID 516327 2871 24682 103508 1 01=
gn
2:2073: -
41 56 INTEREST PAID
327589 1206 651: 131
69113
6185
. - •
57 CONTRIBUTIONS OR GIFTS
8110
3* 884 1547
70410 190 1:1
- ... .
58 AMORTIZATION 26
115 327 464 1
. -
0 59 DEPRECIATION 30 17186 1222 11950 16370 48442 57955 89699 6784 7757
- - •
60 •DEPLETION
64* 38* 428* 93 16
488
. (5) - - -
61 ADVERTISING 451= 2067 13123 16510 Ogg;
1:18iii
4061
.
. .
41 62 PENSION. PROF SH.,ANNUITY PLANS 41222
1511 :
47
7854 9800
490 819 . . •
63 OTHER EMPLOYEE BENEFIT PLANS• 30488
567
886
9 ::::
14::::
.
•
•
64 NET LOSS' NOWCAPITAL ASSETS
7
141
17061 19::: 7
• -
6% OTHER DEDUCTIONS 13667 119 211; A47949415! 646170 1181 1r4 119811, 1366386 MI:* 5$9iii
- • •
41
h9::::
rs
94598
163393 7.;;;; 11201
. . . . I
66 TOTAL RECEIPTS LESS DEDUCTIONS••. 543758 -2356
117613.2 140389
41 67 CONSTR TAX INC FM REL FOR CORP111 - -
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-
-
.
-
-
- •
68 NET INCOME (LESS DEFICIT1(2)
543615 .2356
1 4:: 9953 94598
140356 163287
11201
69 NET INCOME 728299 3205 30390 32! 130935 1J;r71
189104
11329 .
.
•
41 70 DEFICIT
184684
0 28938
36337 35049
25817 2228 128 -
•
RETLRNS OTHER THAN FORM 1120.s.
71 NET INCOME (LESS DEFICIT)
466218 -1749 .8075
71786
127951 152107 7442 11034
.
- -
41 72 STATUTORY SPECIAL DEC!.. TOTAL 27178 614* 3783 3053 6030 1°111/°1 1:42:7! 4399
204
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73 NET OPERATING LOSS CARFYFRO
22803 614* 3783 3055
4246 2299 28:3
-
74 DIVIDENDS RECEIVED DEDUCTION
4343
(S I*
(5) In 285 1972 1524
195
41 75 DED FOR DIV PD. PUB UTIL STK.
-
- -
-
•
76 WESTERN HEMISPHERE TRADE DED 32*
- - - - 32* -
- 9
.
- . ,
77 INCOME SUBJECT TO TAX 608323 2550* 12759 19480 97736 130001 152239 173334 9377 10847
78 INCOME TAX (BEF CREDITS). TOT(3). 214351 669
4299
41P
41
2558
26316 39909 57881 73038
79 SURCHARGE
923 .
(5)
276
131 321 7*
80 TAX RECOMP PRIOR YEAR INV• CR 917 42* 147 281 266 117 11 11
-
41 81 FOREIGN TAX CREDIT 57* - -
(5) - - - 57* - •
82 INVESTMENT CREDIT
126
887 1313 1770 402
83 NET INCOME(LESS DEF) AFTER TAX(4) 335399 :39: ■3020* -980 ..
5 69169 79086
92019
6357 -
41 84 NET INCOME AFTER TAX 520369 2541 27958 7 105506 114316 16ii 11 842 :iii 6485
. - •
85 ESTIMATED TAX PAYMENTS 12502
-
577 49*
1706
86 FORM 1120.5 NET INCOME (LESS DEF) 77397 ■607* 9527 2:::: 22812 16152 12405 1t10:
- 31:7
.
DISTRIBUTIONS TO STOCKHOLDERS!
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•
41
87 CASH & PROP EXCEPT OWN sTocK•.• 101183 6166* ::: 1075; 705 : 18314 14065 20175 22164 1091 1375
BB CORPORATION.S OWN STOCK 15943
42*
492* 3754* 6270
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41
SELECTED INVESTMENT ITEMS!
IP
89 COST OF PROP• USED FOR INV. CR• 191582 410*
14608 3 :::: 42699 38132 43895 4747 6064
90 INVESTMENT QUALIFIED FOR CREDIT 133903 209* 10178 23545 30595 25946
4784
NM
635
37 211:
41 91 TENTATIVE INVESTMENT CREDIT • 7563
1531 1431 20:: 321 - -
•
woo( 92 IN TMENT CREDIT C ARRYFORWARD. 3762
40* 42 426 Igl 851 671 724 VES 83 159 . - ,,
93 UNUSED INVESTMENT CREDIT 5074 40* 254 838 929 1053 693 995 144 78
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FOOTNOTES AT BEGINNING AND END OF FILM
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U. S. TREASURY DEPARTMENT - INTERNAL REVENUE SERVICE •
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