1 - Internal Revenue Service

S
S
LP-1 ON 9
ITEM
L OVERLAP R LP-310 310-RP RP-1 ON 62
1967 CORPORATION 4
SOURCE BOOK OF STATISTICS OF INCOME
ACTIVE CORPORATION INCOME TAX RETURNS. JULY 1967 • JUNE.196$
RETURNS WItH ANO WITHOUT NET INCOME
BALANCE SHEET. INCOME STATEMENT, TAXI AND INVESTMENT CREDIT ITEMS. BY INDUSTRY GROUP ANO BY SIZE OF TOTAL ASSETS
MAJOR GROUP 48 (11
Finance, insurance, and real estate: Security and colciodity
(SIZE OF TOTAL ASSETS AND MONEY FIGURES IN THOUSANDS OF DOLLARS)
brokers, exchanges, and services g
SIZE OF TOTAL ASSETS
1.000 51000 10.000 25.000 50.000 100.000
OVER ZERO 50 100 250
UNDER
. UNDER UNDER UNDER 250,000 •
UNDERR10000
UNDER
UNDER
TOTAL
UNDER UNDER UNDER
250
25,000
0 250.000 OR MORE
ASSETS 50
072
0
•
NUMBER OF RETURNS WITH ANO WITHOUT NET INCOME
1 TOTAL 4281 ' 170 1813 553 651 . 320 223 359 76 54 26 11 15 10
2 WITH NET INCOME 2591 5 849 340* 430 252 220 308 75 51 26 10 15 10 #
3 WITHOUT NET INCOME 1690 165* 964 . 213 221 68* 3 51 1 3 ■ 1 -
4 FORM 1120..S 351 ■ 151* 38* 114* 36* ■ 8 2 ■ -
I
El
5 TOTAL ASSETS 13268671 ■ 33448 39782 104292 109342 155627 816065 • 568830 820261 916412 733216 2221218 6750178
6 CASH 838242 ■ 7625. 8994 22598 22479 24913 101498 37146 70506 68370 26023 183867 264223
7 NOTES AND ACCOUNTS RECEIVABLE.•6156891 7216 11071 30191 35941 72167 347054 347168 430675 .511191 350859 1069054 2944304 0
8 LESS' ALLOWANCE FOR BAD DEBTS 3455 339* - 118 88 8 1051 468* 219 240 75 365 484
0 INVENTORIES 756 ■ 2 - - 82 637 35 ■ -
INVESTMENTS IN GCVT• OBLIG1
10 UNTIED STATES 866645 ■ ■ . 7050* 3567 30 21086 11942* 13153 24475 96605 235517 455420
142 15267 8220
11 STATE AND LOCAL 66577 ■ . 170 2475* 50 1027* 2182 23765 11421 .
O 12 OTHER CURRENT ASSETS 3512364. . 6022 5161 14381 22322 31850 207535 125209 106385 175865 178579 538749 2100303 11
13 LOANS TO STOCKHOLDERS 10854 . 2367* 2461* 237* 143* 3955 586 458 184 .463 ■ ..
-
14 MORTGAGE ANO REAL ESTATE LOANS 24375 . ■ 15) 1 (5) ' 295* 660 5662* 17718 39 ■
1
♦ 15 OTHER INVESTMENTS 1250810 ■ 6639 2694* 15444 16760 18310 91753 • 29122 85307 69235 44862 144762 715922 S
16 DEPRECIABLE ASSETS 185528 ■ 4065 4256 8347 2516 2807 21689 6323 37141 13081 35994 iaisu 31155
17 LESS( ACCUM DEPRECIATION 72881 ■ 1268 2173 2595 1240 895 8635 2796 15795 4457 24147 6441 2439
18 DEPLETABLE ASSETS 1234 . ■ . 99* 49* 221 - 865 - - $
19 LESS( ACCUM DEPLETION 509 ■ ■ ■ 32* (5)* ■
18 . - ■ - .
20 LAND 30172 3 339* 3506* 3369* 366* 4018 88 5245 1391 11820 27 .
C
4# 21 INTANGIBLE ASSETS (AMORTIZABLE) 4562 ■ 461 2268* 31 . 18 401 202 370 356 302 133 .
22 LESS' ACCUM AMORTIZATION 912 168 1* 25 ■ 17 165 129 '105 73 165 64 -
23 OTHER ASSETS 394759 ■ 825 4690 5007 1049 1704 26403 6084 45031 45295 12559 22558 223554
• 24 TOTAL LIABILITIES 13268671 33448 39782 104292 109342 155627 816065 568830 820261 916412 733216 2221218 6750178
25 ACCOUNTS PAYABLE 4697350 . 4031 3229 22301 31939 77725 324392 272215 355813 348767 235962 883504 • 2137472
41 26 MORT•I NOTES. BONDS UNDER 1 YR• 3344275 3 603 1891* 12174 15403* 19623 184422 99727 121027 269356 272358 740519 1604172 •
27 OTHER CURRENT LIABILITIES 2920339 2921 3793 3240 7060 11989 73374 79749 113891 65462 57136 392169 2109535
28 LOANS FROM STOCKHOLDERS 55799 ■ 7103 2666* 5621* 700* 1363* 7497 4833 1078 4519 20419 . .
29 MORT.. NOTES. BONDS OVER 1 YR 376529 ■ 4194 1407* 7 390 4162* 1582* 28454 17573 32465 52549 36841 33996 155916 0
30 OTHER LIABILITIES 510987 . 1671 5301 5712 1245 4346 16990 4868 36713 48314 7064 10986 367877
31 CAPITAL STOCK 419872 ■ 24923 16250 18542 20859 12321 66987 34762 34194 23251 31455 46479 89849
li 32 PAID-IN OR CAPITAL SURPLUS 230992 ■ 8302 7699 7692 26042 8831 43004 14067 14103 21959 9993 13918 55382,
33 RETAINED EARNINGS, APPROP 30324 ■ 19 (5) .. 772 ■ 1854. 2163 1573 246 15011 8886
34 RETAINED EARNINGS. UNAPPROP 770879 . "19383 •1522 22771 1982 18756 76655 , 43618 118388 83577 83103 70115 272619
S 35 LES51 COST OF TREASURY STOCK 88875 ■ 3936* 932* 1151* 822 909 7664 2582 9574 2915 942 5918 51530 e
36 TOTAL RECEIPTS 2563851 .3700• 33344 37364 60203 39090 52283 313804 139724 223485 269833 152869 355516 882636
37 BUSINESS RECEIPTS . 733611 1782 23031 15090 19354 16075* 21835* 140399 31097 77657 143647 43960 85488 114196
INTEREST ON GOVT. OBLIGATIONS)
38 UNITED STATES 65267 135 (5)* ■ 495* 102 50* 361 1896 881 1857 4689 8542 46259
39 STATE AND LOCAL 10046 54 42* 69* 393* 473 2126 1013 1024 637 156 1176 2933
40 OTHER INTEREST 174956 70* 190 961 1129 229 724 4238 4128 8845 8718 7003 26481 112240
41 (LENTS 5288 ■ 42* 425* 585* 29* 161* 1029 21 2041 505 340 110
S
42 ROYALTIES 231* 1 - . - 126* 0 14 - 15 2 73 ■ .
•
43 NET S ■T CAP GAIN LESS L-T LOSS. 12709 23 593* (51* 1974* 754 1706* 825 231 719 1674 1564 1068 1578
44 NET L ■T CAP GAIN LESS S-T LOSS. 37981 33 42* 127* 448* • 2067 2081 6240 2038 6725 6520 456' 6359 734
45 NFT GAIN. NONCAPITAL ASSETS 1161861 8 6362 8601* 20900 12539 19716 120401 67285 97344 54910 18509 144497 590790
•
46 DIVIDENDS. DOMESTIC CORPS 15563 369 60 42* 270 351 451 3248 856 2524 2963 1617 1254 1558
47 DIVIDENDS. FOREIGN CORPS 1877 (5) .. 42* 16* (5) 1 20 41 121 288 629 90 629
us OTHER RECEIPTS 344411 1225* 3024 12034 14963 6425 5085 34903 31118 25589 48112 69763 8045! 11719
49 TOTAL DEDUCTIONS 2047051 4937 32795 33209 54290 32406 42466 259927 107888 171395 214231 123932 . A89775 679800
•
SO COST OF SALES AND OPERATIONS 32747 42 85* 279 180* 9034* . 7119 16008 - -
.51 COMPENSATION OF OFFICERS 274585 1229* 6641 10299* 14296 11899 13462 51756 25550 31337 24722 8806 37922 36666
52 REPAIRS 5160 44* 213* 106* 50* 55* 302 112 505 ' 392 698 482 2211
• . 53 BAD DEBTS 5326 ■ 795* 132* 196* 233* 26 814 21 924 715 74 337 1059
54 RENT PAID ON BUSINESS PROPERTY 65301 156* 1372 766 1973 1043 1395 7027 3187 5303 7166 7038 10539 18336
55 TAXES PAID 73790 115 845 794 1832 1009 1347 8461 3682 7557 5904 5663 11572 25009
• 56 INTEREST PAID 167409 109 439 176 1306 937 1483 8169 6641 10956 11490 9884 34201 101618
57 CONTRIBUTIONS OR GIFTS 6145 14 50* 1 49* 49* 70 695 211 629 1105 610 1421 1241
58 AMORTIZATION 674 15)* 42 8* 2 1 (5) 62 5 23.3 14 55 252 (5)
4♦ 59 DEPRECIATION 17766 15 583 462 605 483 235 2013 569 2273 1361 1695 2388 5064
8
60 DEPLETION • 58* ■ (5) 16 • 30* . 4
61 ADVERTISING 27313 14 583 501* 225 406 404 - 4011 1009 4265 1709 2180 3458 8546
• 62 PENSION. PROF SH•IANNUITY PLANS 60946 24 508 931* 2190* 516* 1016* - 6627 2383 5558 5356 2821 9318 24698
63 OTHER EMPLOYEE BENEFIT PLANS 6612 . 85* 263* 33* 86 542 288 635 407 652 1188 2433
64 NET LOSS. NONCAPITAL ASSETS.••• . 5437 • 1 6 239 16* (5) 957 3697 21 330 160 10 . .
•
65 OTHER DEDUCTIONS 1277782 3260 20760 18602 30936 15537. 21930 156709 64189 93767 137722 83756 177697 452917
66 TOTAL RECEIPTS LESS DEDUCTIONS 516800 -1237 549 4155 5913 6684 9817 53E177 31836 52090 55602 28937 65741 202836
l'Y.
• 67 CONSTR TAX INC FM REL FOR CORP(1) 5791 . - - (5) . . . (5) - 20 15 5756
68 NET INCOME (LESS DEFICIT)(2) . 512495 -1291 549 ' 4113 • 5844 6291 • 9344 51751 30823 51066 54965 28801 64580 205659
69 NET INCOME 533102 942 2919 . 6405* 9736 8315 9448 57471 30903 51263 54965 30496 64580 205659
70 DEFICIT 20607' 2233* 2370 2292 3892 2024* 104 5720 80 197 ■ 1695 -
RETURNS OTHER THAN FORM 1120'41
71 NET INCOME (LESS DEFICIT) 506931 •1291 -429 4229 3828 5966 9344 50209. f 30004 51066 54965 28801 64580 205659
•
72• STATUTORY SPECIAL DEDIAI TOTAL. 35852 280 751 3766* 924 2001 1548 4921 4817 2670 5956 3504 3334 1380
73 NET OPERATING LOSS CARRYFRD 22856 ■ 735 3724* 707 1770 1173* 2217 4113 523 3439 2130 2270 55
74 DIVIDENDS RECEIVED DEDUCTION ' 12996 • 280 . 16 42* 217 231 375 2704 704 2147 2517 1374 1064 1325
- . .
■ ■ . . .- ..
. ■ .
• 75 OEC FOR DIV PD. PUB UTIL STK -
■
■
. - . -
76 WESTERN HEMISPHERE TRADE DED. ■ ... . . ■ . . ■ ■
l 77 INCOME SUBJECT TO TAX 492456 661 1064 2596* 6830 5990 7950 51599 25175 48744 49012 26994 61245 204596
78 INCOME TAX (BEF CREDITS). TOT(3) 223825 291 188 638* 2076 1857 2455 22267 11458 22036 22050 12299 28075 98135
•
79 SURCHARGE 1144 (5) (5)• (5) 9 16* (5) 5 115 116 205 160 145 233 149
80 TAX RECOMP PRIOR YEAR INV, CR•• 51 16* ■ (5) 15) 3 3 1 5 16 3 4
•
•
4#
EP
81 FOREIGN TAX CREDIT 1233 ■ ■ (51* ■ - ■ (5)* 25 45 51 168 61 883
82 INVESTMENT CREDIT 1846 (5) • (5)* 42* 20 16 16 141 89 167 140 168 327 720
83 NET INCOME(LESS DEF) AFTER TAX(4) 290516 -1582 361 3517 3788 4450 6905 29625 19454 29197 33055 16670 • 36832 108244
84 NET INCOME AFTER TAX 311123 651 2731 5809* 7680 6474 7009 35345 19534 29794 33055 18365 36832 108244
85 ESTIMATED TAX PAYMENTS 107511 125 42* ■ ■ - ■ 2308 1777 C938 13573 5837 13683 63228
86 FORM 1120-S NET INCOME (LESS DEF) 5564 ■ 978* -116* 2016* 325* ■ 1542 819 - ... -
DISTRIBUTIONS TO STOCKHOLDERS.
07 CASH 8 PROP EXCEPT OWN STOCK • 40369 514* 195* (5)0 2283* 302* 319* 7055 1552 5098 6404 254 1525 14868
88 CORPORATIONS OWN STOCK 22017 4339* 846* - 1314* 306 608 - - • 4672 9932
SELECTED INVESTMENT ITEMS.
89 COST OF PROP. USED FOR INV. CR . 44578 4 428* 229* 365 314 574 2739 1030 3664 4017 7772 6850 15592
90 INVESTMENT QUALIFIED FOR CREDIT 26286 4 386* 171* 347 264 424 . 2237 911 2309 1919 3105 3923 10286
91 TENTATIVE INVESTMENT CREDIT 1768 (5) (5)* (5)8 20 32 17 132 56 162 136 217 . 276 720
92 INVESTMENT CREDIT CARRYFORWARD. 562 ■ (5)* 127* 15)* - 1 41 30 74 16 221 50 2
93 UNUSED INVESTMENT CREDIT 485 - (5)* B5* (5)0 16 2 32 (5) 68 11 269 - 2
FOOTNOTES AT BEGINNING AND END OF FILM
• U. S. TREASURY DEPARTMENT ■ INTERNAL REVENUE SERVICE
I
II
(118 41/88.- (#8181orromMENISILm*