1 - Internal Revenue Service
1 - Internal Revenue Service
1 - Internal Revenue Service
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•<br />
LP..1 ON 4<br />
L OVERLAP R LP-302 3O2-RP RP- 1 ON 62<br />
1967 CORPORATION<br />
SOURCE BOOK OF STATISTICS OF INCOME<br />
' • 066<br />
ACTIVE CORPORATION INCOME TAX RETURNS, JULY 1967 ■ JUNE 1968<br />
•<br />
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•<br />
•<br />
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RETURNS WITH AND WITHOUT NET INCOME<br />
ITEM<br />
BALANCE SHEET, INCOME STATEMENT, TAX, AND INVESTMENT CREDIT ITEMS, BY INDUSTRY GROUP AND BY SIZE OF TOTAL ASSETS MAJOR GROUP 42<br />
Trade' Retails Eating and drinking planes<br />
(SIZE OF TOTAL ASSETS AND MONEY FIGURES IN THOUSANDS OF DOLLARS(<br />
SIZE OF TOTAL ASSETS<br />
OVER ZERO 50 100 250 500 11000 9,000 101000 25000 50.000 100.000<br />
TOTAL ZERO UNDER UNDER UNDER UNDER UNMER UNDER UNDER UNOER UNDER UNDER UNDER 290,000<br />
ASSETS 50 100 250 500 1,000 9.000 10.000 25000 50.000 moo asoorio Ok MORE<br />
NUMBER OF RETURNS WITH AND WITHOUT NET INCOME<br />
1 TOTAL 57492 1379 34098 11526 7802 1867 536 240 20 14 7 3<br />
41 ' 2 WITH NET INCOME 32197 469 16819 7617 5377 1259 417 205 12 13 6 3<br />
3 WITHOUT NET INCOME 25295 910 17279 3909 2425 608 119 35 8* 1 1 .<br />
4 FORM 1120-S 9970 265* 5793 2461 1286 152* 13 - ■ ■<br />
5 TOTAL ASSETS 4935148 689590 828009 1182861 638367 360405 444355 159218 212860 223625 195858<br />
6 CASH 506680 83262 104513 131474 53353 35932 53988 9530 17973 10552 6103<br />
7 NOTES AND ACCOUNTS RECEIVABLE 480565 38782 66381 89324 65139 34590 58930 36031 34726 21490 35172<br />
a LESS, ALLOWANCE FOR 6AD DEBTS 3096 137 89 200 176 158* 641 377 867 430 21<br />
9 INVENTORIES 282259 58354 47039 43023 21035 22442 20169 9197 19732 18779 22489<br />
INVESTMENTS IN GOVT. OBLIGI<br />
10 UNITED STATES 16096 — 92 1116 1196 2198 803* 3387 806 1530 275 4693<br />
11 STATE AND LOCAL 7113 . 44 (5) 328* 230 328* 1608 70 4505<br />
12 OTHER CURRENT ASSETS • 155153 - 17113 30484 34654 21440 12896 14633 2735 4573 11762 4863<br />
13 LOANS TO STOCKHOLDERS 51098 - 14156 12016 16128 4030 1040* 3106 622 — .<br />
14 MORTGAGE AND REAL ESTATE LOANS 24618 • — 2205 1468 5351 340* 9 670 476 . 14099<br />
15 OTHER INVESTMENTS 278825 — 8884 22973 44602 24306 31363 32377 12683 6676 29809 65152<br />
16 DEPRECIABLE ASSETS 4135175 ■ 674884 742043 1019262 561001 284548 339770 109330 155604 174428 • 74305<br />
17 LESS, ACCUM DEPRECIATION 1712492 332100 315851 392083 211508 99780 141626 41210 67652 74584 36098<br />
18 DEPLETABLE ASSETS 4793 1365 1659 1656 — 113 — — -<br />
19 LESS) ACCUM DEPLETION 1780 1010* 426 344 — . — . - . .<br />
20 LAND 269246 10503 32148 84557 53221 21506 29568 9592 12432 13374 2345<br />
21 INTANGIBLE ASSETS (AMORTIZABLE) • 75262 15796 15731 15277 10810 926 • 3389 368* 8084 881 —<br />
22 LESS, ACCUM AMORTIZATION • 22157 6461 3041 4040 2425 395 2087 249.0 2828 631 -<br />
23 OTHER ASSETS 387790 103858 69845 88696 35373 14355 27001 10160 22331 13415 2756<br />
24 TOTAL LIABILITIES 4935148 • 689590 828009 • 1182861 638367 360405 444355 159218 212860 223625 195858<br />
25 ACCOUNTS PAYABLE 641022 107640 118923 • 129979 681741 61760 32380 32224 34106 15409 21331<br />
26 MORT., NOTES, PONDS UNDER 1 YR. 4441 07 61857 96385 100254 49092 39754 36542 14255 6840 8128 31090<br />
27 OTHER CURRENT LIABILITIES .<br />
• 380949 • 49446 70586 • 91371 40090 30728 31307 18171 15803 26112 7335<br />
28 LOANS FROM STOCKHOLDERS 395172 • 118192 • 74781 96735 • 57752 4879 10612 13039 14182<br />
29 MORT.. NOTES, BONDS OVER 1 YR 1123359 • 129290 170331 324064 178248 96644 88525 25910 36442 46338 27567<br />
30 OTHER LIABILITIES<br />
• 154978 25867 19013 28572 13904 8172 20541 11560 9780 16351 1168<br />
31 CAPITAL STOCK 845331 ■ 237002 181355 197865 76878 40343 45969 7346 17811 19972 20790<br />
32 PAID—IN OR CAPITAL SURPLUS 245240 - 42340 22040 31985 20945 11332 17331 11661 11852 54918 20866<br />
33 RETAINED EARNINGS( APPROP 17674 .. 1305 45 2019 3443* 930* 8803* - 43 936 150<br />
34 RETAINED EARNINGS. UNAPPROP 719203 — .76511 81531 187031 132622 62639 134423 25999 82553 21472 67444<br />
35 LESS' COST OF TREASURY STOCK 32877 ■ 6838 7001 7014 2777 1776* 2078 947 2370 193 1883<br />
36 TOTAL RECEIPTS 12067588 117091 2651712 2559519 2682150 1160999 626229 855973 278112 459022 379241 297540<br />
37 BUSINESS RECEIPTS 11802180 111706 2617386 2529443 2641849 1133833 612936 812417 263182 426674 367939 284815<br />
INTEREST ON SOVT. OBLI04TI0N51<br />
38 UNITED STATES 662 7 — 43 32 49 51* 257 24 33 25 141<br />
39 STATE AND LOCAL 212 ■ - (5) (54 - 69 2 141<br />
40 OTHER INTEREST 13848 487 495 1596 2555 1691 649 1868 842 1172 913 1580<br />
41 RENTS 58551 294 5667 6709 11930 9254 2514 6185 4940 6698 3759 601<br />
• 42 ROYALTIES 4427 20 (5(* 296 134 300. 36 1288* 2342 10 . 1<br />
43 NET S—T CAP GAIN LESS L—T LOSS. 1389 — 641* 408 217 25 19* 69* — 10 — .<br />
44 NET L-T CAP GAIN LESS S-T LOSS. 25531 2312* 5370 4247 2942 922 2551* 3991 297 291 1781 827<br />
45 NET GAIN, NONCAPITAL ASSETS 6278 1174* 2405 806 661 511 82* 423 132* 56 26 2<br />
46 DIVIDENDS. DOMESTIC CORPS 1200 .5) (5) 1* 166 170 6 479 69 122 59 128<br />
47 DIVIDENDS. FOREIGN CORPS • 73 — - . 4 (5) — . 69<br />
48 OTHER RECEIPTS 153237 1091 19748 15970 21664 14244 7381 28927 6284 23954 4598 9376<br />
371396 284120<br />
49 TOTAL DEDUCTIONS 11784656 115261 2633967 2494527 2612208 1133671 606112 819562 27<br />
• 50 COST OF SALES AND OPERATIONS 5502115 70128 1267631 11083o2 E/352 1146579 501302 306080 412668 10:M 212614 216740<br />
151127<br />
51 COMPENSATION OF OFFICERS 510503 3231 179785 139643 2604 9: 113398<br />
3676 1701 398<br />
3485<br />
2222<br />
52 REPAIRS 132442 1287 30709 2705 4 32539 14505 6368<br />
556 236 304<br />
54 RENT PAID ON BUSINESS PROPERTY 600434<br />
43756<br />
:01<br />
23074 29554<br />
11 53 BAD DEBTS .. 13203<br />
1431::<br />
5746 145605 119866 120:::<br />
IT 30408<br />
.<br />
403163 3895 99131 86497 89112 37053<br />
27325<br />
14426<br />
7477<br />
TAXES PAID<br />
• 56 INTEREST PAID<br />
561 12013 16662 255734 122,11<br />
6956<br />
55<br />
57 CONTRIBUTIONS OR GIFTS<br />
29 236 277<br />
520<br />
32gt<br />
157<br />
3334<br />
58 AMORTIZATION<br />
225<br />
938<br />
174 Tiii 195<br />
84 121<br />
. -<br />
1223<br />
9397:<br />
"IS! 5786 .<br />
3766 66908<br />
40756<br />
59 DEPRECIATION 350339 62921 87293<br />
23397 2685: 14777<br />
60 DEPLETION 598 — 84* 423<br />
82<br />
.<br />
61 ADVERTISING 152860 1407<br />
40196 17325<br />
4801<br />
1 —<br />
2826 6638<br />
.<br />
24505 35898<br />
9527 8445<br />
4053 3834 2090 2339 392 2168 2840<br />
1:90:<br />
62 PENSION, PROF SH..ANNUITY PLANS 236<br />
63 OTHER EMPLOYEE BENEFIT PLANS 80<br />
975 850<br />
160<br />
FI LI6: 12<br />
14tE 2293<br />
64 NET LOSS. NONCAPITAL ASSETS<br />
1502<br />
57 131<br />
69<br />
9786<br />
65 OTHER DEDUCTIONS 39/1807<br />
19241033 * 2:56!!! 1 108316 149409 91616 83905<br />
241370* 801657 882161 942008 41 ilil<br />
11<br />
4849<br />
7845<br />
1830 17745<br />
69942 27328 20117<br />
13420<br />
-<br />
66 TOTAL RECEIPTS LESS DEDUCTIONS 282932<br />
67 CONSTR TAX INC FM REL FOR CORP(1)<br />
90<br />
.<br />
.<br />
.<br />
.<br />
90<br />
68 NET INCOME (LESS OEFICIT)(2) 282810 17745<br />
69942<br />
188:<br />
13510<br />
.<br />
:::::<br />
: 1 7<br />
69 NET INCOME 434512<br />
97450<br />
25939 ?PI:::<br />
7973i: 13510<br />
66701<br />
3439:<br />
151702<br />
32942 15912 5822 8058<br />
1851054 1694<br />
•<br />
70 DEFICIT<br />
2321 48956 32458<br />
75 RETURNS OTHER THAN FORM 1120.S,<br />
71 NET INCOME (LESS DEFICIT)<br />
231493 2600<br />
41509 54937 25655 20g., 73 36092 4849 18451<br />
72 STATUTORY SPECIAL DEM.. TOTAL<br />
743* 12738 6039 4944 1505<br />
539<br />
66 13:02<br />
.<br />
•<br />
2=92 743* 1:::: 6039 4894<br />
837* !::92<br />
435<br />
15 496<br />
73 NET OPERATING LOSS CARRVFRD<br />
74 DIVIDENDS RECEIVED DEDUCTION.<br />
897<br />
(5) (5)<br />
(5)<br />
50 117;<br />
6 387<br />
58 104<br />
108<br />
-<br />
- .<br />
. .<br />
DED FOR DIV PD. FUB UTIL 51K. -<br />
- - —<br />
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"<br />
76 WESTERN HEMISPHERE TRADE DED. ■<br />
■<br />
. ■ - . .. .<br />
.<br />
.<br />
-<br />
180-15 9331<br />
. 'I<br />
•• I 77 INCOME SUBJECT TO TAX 331746 3689<br />
63037 77101 38930 25816 41113<br />
1079 3:::t 15327 221:1,1)<br />
101;.1<br />
3829 8546 4041<br />
1. :<br />
.<br />
14500<br />
78 INCOME TAX (BEE CREDITS), 107(3). 111130<br />
11- 963<br />
45)<br />
42<br />
345<br />
18 178:<br />
15<br />
13<br />
-<br />
79 SURCHARGE<br />
1:1 * (5)<br />
142 116 5 52 2$ 2 12 - .<br />
80 TAX RECOMP PRIOR YEAR INV. CR 547<br />
81 FOREIGN TAX CREDIT<br />
446 -<br />
■<br />
-<br />
. ■<br />
88 .<br />
11 2iii<br />
744<br />
. .<br />
82 INVESTMENT CREDIT 12483 117 907<br />
2753 1399<br />
83 NET INCOMEILESS DEF) AFTER TAX(4) 184163 664 51703<br />
100():11<br />
7900<br />
. .<br />
14227 1139: 19248<br />
84161 83265 30(55 1 17329220 27306 4:172<br />
6101 7900<br />
.<br />
-<br />
84 NET INCOME AFTER TAX 335971 3189 60647<br />
11691 50241<br />
11055<br />
::::<br />
es ESTIMATED TAX PAYMENTS<br />
40 • 90 127<br />
82<br />
5711 911 6248<br />
2108<br />
-<br />
-<br />
•<br />
.<br />
...S NET INCOME (LESS DEFT gr,, -770* 11676 23483 15005<br />
- 250 .<br />
86 FORM 1120<br />
DISTRIBUTIONS TO STOCKHOLOERSI<br />
10<br />
12799 16720<br />
3563 1027<br />
22 77 . .<br />
87 CASH I. PROP EXCEPT OWN STOCK 59160 2218 125731<br />
954*<br />
2092<br />
805101<br />
14620<br />
1147210*<br />
1115*<br />
2386 .<br />
88 CORPORAT/ON1S OWN STOCK<br />
423 -<br />
4528<br />
•<br />
SELECTED INVESTMENT ITEMS)<br />
89 COST OF PROP. USED FOR INV. CR 354473<br />
54173<br />
41184 44253 28005 13534 15895 18003<br />
4216<br />
90 INVESTMENT QUALIFIED FOR CREDIT 281887 1;:;* =101 37002 :3;1<br />
39618 22527<br />
13835 15821<br />
295<br />
91 TENTATIVE INVESTMENT CREDIT<br />
18173 136* 2125 2174 3957 2304 2741<br />
1575 IT: 967<br />
95<br />
•<br />
4539<br />
376 182 'X;<br />
92 INVESTMENT CREDIT CARRYFORWARD<br />
2236<br />
1438<br />
;1<br />
14917<br />
93 UNUSED INVESTMENT CREDIT 19979 624 3326<br />
1939 1172 643 102 1793<br />
,..04<br />
g<br />
FOOTNOTES AT BEGINNING AND END OF FILM<br />
U. S. TREASURY DEPARTMENT INTERNAL REVENUE SERVICE<br />
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