1 - Internal Revenue Service
1 - Internal Revenue Service
1 - Internal Revenue Service
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1"<br />
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▪<br />
NUMBER OF RETURNS WITH AND WITHOUT NET INCOME<br />
1 TOTAL t 6851 204 2044<br />
2 WITH NET INCOME 4094 156 8B9<br />
Z WITHOUT NET INCOME 2757 128 1155<br />
4 FORM 1120-S 266* ■ 76*<br />
5 TOTAL ASSETS<br />
6 CASH<br />
7 NOTES AND ACCOUNTS RECEIVABLE<br />
8 LESS" ALLOWANCE FOR BAD DEBTS<br />
9 INVENTORIES<br />
INVESTMENTS IN GOVT. mist<br />
10 UNITED STATES<br />
11 STATE AND LOCAL<br />
12 OTHER CURRENT ASSETS<br />
13 LOANS TO STOCKHOLDERS<br />
14 MORTGAGE AND REAL ESTATE<br />
• 15 OTHER INVESTMENTS<br />
silt 16 DEPRECIABLE ASSETS<br />
17 LESS, ACCUM DEPRECIATION<br />
• 18 DEPLETABLE ASSETS<br />
19 LESSt ACCUM DEPLETION<br />
20 LAND<br />
• 21 INTANGIBLE ASSETS (AMORTIZABLE)<br />
22 LESS! ACCUM AMORTIZATION<br />
23 OTHER ASSETS<br />
232664015 ■ 29335<br />
3316953 - 10637<br />
2479250 - 7865<br />
57120 ■ 254*<br />
102879 ■ -<br />
10131624 328<br />
15794363 159<br />
5298319 2246<br />
6196 - 478*<br />
LOANS. 69544309 .. 29<br />
117354882 - 1748<br />
2754019 4919<br />
140554 - 2048<br />
12211 - ■<br />
9476 - -<br />
81087 - 45*<br />
6682 ■ 43*<br />
1923 15)*<br />
5990314 3140<br />
24 TOTAL LIABILITIES 232664015 * 29335<br />
25 ACCOUNTS PAYABLE 462914 . 6032<br />
26 MORT., NOTES, BONDS UNDER 1 YR 633006 • 1924<br />
27 OTHER CURRENT LIABILITIES 25449990 . 3451<br />
28 LOANS FROM STOCKHOLDERS 504483 - 1521*<br />
S 29 MORT., NOTES, BONDS OVER 1 YR 545688 • 1856<br />
30 OTHER LIABILITIES 172095083 - 4793<br />
31 CAPITAL STOCK 3147778 . 11087<br />
• 32 PAID-tN OR CAPITAL SURPLUS 3738184 - - 1435<br />
It• 33 RETAINED EARNINGS, APPROP 4759286 . 545<br />
34 RETAINED EARNINGS, UNAPPROP 21350724 . .3304<br />
•<br />
35 LESS' COST OF TREASURY STOCK 23121 . 5<br />
.<br />
36 TOTAL RECEIPTS 64485289 185888 92929<br />
37 BUSINESS RECEIPTS 53406096 151978 89845<br />
INTEREST ON GOVT. OBLIGATIONS'<br />
38 UNITED STATES •405552 2535 63<br />
39 STATE. AND LOCAL 521176 359 72<br />
40 OTHER INTEREST 7866800 8723 362<br />
41 RENTS 570797 516 47<br />
G 42 ROYALTIES 23202<br />
43 NET N.7 CAP GAIN LESS L-T LOSS 11948<br />
-<br />
• 91<br />
(51'<br />
(5)<br />
44 NET L-T CAP GAIN LESS S-T LOSS 284981 12469 77*<br />
45 NET GAIN, NONCAPITAL ASSETS 6807 15) 47<br />
46 DIVIDENDS. DOMESTIC CORPS 814378 5127 3<br />
47 DIVIDENDS. FOREIGN CORPS 7993 74 -<br />
48 OTHER RECEIPTS 565529 4016 2413<br />
1 r,<br />
49 TOTAL DEDUCTIONS 61061175 183034 94462<br />
50 COST OF SALES AND OPERATIONS 31832430 96971 53761<br />
51 COMPENSATION OF OFFICERS 389950 2058 9293<br />
•<br />
52 REPAIRS 12443 23 42*<br />
53 BAD DEBTS 58517 1857 1553<br />
54 RENT PAID ON BUSINESS PROPERTY. 317677 727 • 2045<br />
55 TAXES PAID 1347449 3751 804<br />
56 INTEREST PAID 204393 138 159<br />
57 CONTRIBUTIONS OR GIFTS 22076 5<br />
58 AMORTIZATION 1548 32<br />
47<br />
1<br />
• 39 DEPRECIATION 322796 3758 700<br />
60 DEPLETION 18309 . (5)<br />
61 ADVERTISING 169691 193 597<br />
• 62 PENSION. PROF SH..4NNUITY PLANS 406160 428 128<br />
63 OTHER EMPLOYEE BENEFIT PLANS 63846 138 45*<br />
64 NET LOSS. NONCAPITAL ASSETS 3378 18 1<br />
• 65 OTHER DEDUCTIONS 25890512 72937 25286<br />
66 TOTAL RECEIPTS LESS DEDUCTIONS 3424114 2854 -1533<br />
• 67 CONSTR TAX INC FM REL FOR CORP(1) 1223 - -<br />
68 NET INCOME (LESS DEFICIT)(2) 2904161 2495 -1605<br />
69 NET INCOME 3194663 12201 4072<br />
• 70 DEFICIT. 290502 9706 5677<br />
RETURNS OTHER THAN FORM 1120.5t<br />
71 NET INCOME (LESS DEFICIT) 2903417 2495 -2141<br />
•• 72 STATUTORY SPECIAL DEDS., TOTAL. 701454 10985 676<br />
73 NET OPERATING LOSS CARRYFRO.. 162821 6735 673<br />
74 DIVIDENDS RECEIVED DEDUCTION. 538188 4250 3<br />
.75 DED FOR DIV PD, PUB UTIL STK. 3 . . •<br />
Fill<br />
LP-1 ON 4 L OVERLAP R LP-313 313-RP RP-1 ON 62<br />
76 WESTERN HEMISPHERE TRADE DED. 442 - -<br />
77 INCOME SUBJECT TO TAX 2544485 3283 2810<br />
11 78 INCOME TAX (BEY CREDITS). TOT(3)* 1168942 1345 699<br />
79 SURCHARGE 3 (5) (5)*<br />
80 TAX RECOMP PRIOR YEAR INV. CR 1057 1 ■<br />
11 81 FOREIGN TAX CREDIT 43814<br />
- ■<br />
82 INVESTMENT CREDIT 13398 25 (5)<br />
83 NET INCOME)LESS DEF) AFTER TAX(41 1748617 1175 -2304<br />
•<br />
84 NET INCOME AFTER TAX<br />
85 ESTIMATED TAX PAYMENTS<br />
2039513<br />
801718<br />
10933<br />
840<br />
3387 .<br />
(5)<br />
41<br />
36 FORM 1120.6 NET INCOME (LESS DEF) 744* - 536*<br />
DISTRIBUTIONS TO STOCKHOLDERS1<br />
87 CASH 3 PROP EXCEPT OWN STOCK 593929 2234 2410*<br />
88 CORPORATION'S OWN STOCK 65352 ..<br />
• SELECTED INVESTMENT ITEMS<br />
89 COST OF PROP. USED FOR INV. CR . 357463 Y86 341*<br />
90 INVESTMENT QUALIFIED FOR CREDIT 221887 452 340*<br />
• . 91 TENTATIVE INVESTMENT CREDIT 15428 30 (5)<br />
litlit 92<br />
93<br />
INVESTMENT CREDIT CARRYFORWARD<br />
UNUSED INVESTMENT CREDIT<br />
7815<br />
9845<br />
73<br />
78<br />
(5)*<br />
15)*<br />
FOOTNOTES AT BEGINNING AND END OF FILM<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. TAXI AND INVESTMENT CREDIT ITEMS. BY INDUSTRY GROUP AND BY SIZE OF TOTAL ASSETS<br />
RETURNS WITH AND WITHOUT NET INCOME<br />
(SIZE OF TOTAL ASSETS AND MONEY FIGURES IN THOUSANDS OF DOLLARS)<br />
SIZE OF TOTAL ASSETS<br />
OVER ZERO 50 100 250 500 1.000 5,000<br />
ITEM TOTAL ZERO UNDER UNDER UNDER UNDER UNnER UNDER UNDER<br />
ASSETS 50 100 250 500 1.000 5.000 10/000<br />
10.000<br />
UNDER<br />
259000<br />
• ' 074<br />
MAJOR GROUP 50<br />
Finance, insurance, and real estates Insurance<br />
carriers 0<br />
251000<br />
UNDER<br />
50.000<br />
50.000<br />
UNDER<br />
100.000<br />
100.000<br />
UNDER<br />
250.000<br />
250.000<br />
OR MORE<br />
562 852 547 413 1091 297 280 150 118 103 110<br />
478 553 405 250 608 179 173 118 91 89 105<br />
84 299 142 163 483 116 107 32 27 14 5<br />
76* 76* 38* - - - - -<br />
42870 135677 194571 299252 2631137 2142434 4471707 5296197 8200693 15312917 193909225<br />
13923 36048 50751 62302 343419 171396 248912 191463 211888 281800 1694414<br />
9002 36147 45677 8709 61415 58971 105863 58315 73195 172468 1841623<br />
520 256* 829* 1433* 4802 315 553 79 7183 488 40408<br />
- 1 - - 47 . 3933 - 35 882 97981<br />
1897 9907 32770 67417 479813 301792 523480 498215 654329 1530742 6030934<br />
399 2485 10883 25051 301411 267979 658672 815521 1226538 2007569 10477696<br />
3679 3930 • 6471 11511 121320 118030 199186 199013 272323 560369 3800241<br />
931 3403* 1250* 8 24* - - . 102<br />
148* 1021 4549 16826 257652 213601 538276 867742 1490996 3543849 62609620<br />
4999 15835 33941 85565 893032 851427 1838192 2307033 3863965 6447599 101011546<br />
5757 16399 5975 13923 78593 70456 134963 145724 183781 281713 1811816<br />
3006 6063 2228 1651* 6633 4876 7785 4675 7369 29116 65104<br />
- 7 - - - . - 11295 909<br />
2 . . . - . - 8793 681<br />
637* 3103* 55 439* 4058 1790 4778 1989 6179 10433 47581<br />
465* 83 90* (5) 46* 101 550 54 1689 696 2865<br />
465* 16 57* (5) 35* 30 55 24 465 415 341<br />
5024 11645 5273 10585 101777 92112 223295 215906 230812 502314 45ee431<br />
42870 133677 194571 299252 2631137 2142434 4471707 5296197 8200693 15312917 193909225<br />
18468 30138 42478 8690* 61558 50990 45799 13919 28724 60290 95828<br />
467* 5456 341* 2686* 10355 5691 39482 6275 21416 11608 527305<br />
2938 10061 13512 39056 381436 397494 892772 1194944 1854677 3258560 17401089<br />
. 1247* 2369* ■ 5943* 189 52 - 1315 - 491047<br />
764 10312 16544 1093* 23555 3225 26405 36075 23626 44840 371983<br />
3914 19920 36936 83961 981004 909774 2143643 2660525 4431464 8561706 152257435<br />
8552 24840 30387 45459 336355 164628 215696 162717 186498 352776 1606783<br />
2991 8286 30900 65095 583660 341211 402591 262730 265064 299410 1474811<br />
769 1816 3352 10323 61860 45997 121592 120273 215506 344474 3832779<br />
4007 23650 34351 42925 183755 223958 584170 841264 1172424 2381053 15662471<br />
2057 1709* 36 644 723 495 2525 21 1800 13106<br />
32292 121265 104628 159169 1423844 1133468 2270906 2456763 3546667 5717584 47239886<br />
29233 116500 95084 140606 1280929 1017659 2053165 2182602 3185108 5046777 38016610<br />
85 471 1346 2578 18894 13198 21875 33441 24778 55635 230683<br />
47 104 613 552 9148 10250 19966 27o76 37034 67031 348324<br />
323 1490 2471 • 4716 45868 39022 86887 125038 188445 386783 6976672<br />
55* 317 299 792 6872 8237 10091 13051 17527 19343 493650<br />
1 3 15) (5) 11 24 (5) 219 364 194 22386<br />
(5) 68 54 123 1538 865 1266 1470 809 1235 442e<br />
24 217 164 2272 8930 6386 13345 23661 22780 29454 165202<br />
677 67 4 59 252 94 390 267 3382 416 1152<br />
61 161 301 1310 9352 10957 21583 26009 37625 69671 632218<br />
• • - 54 15 18 74 123 265 7370<br />
1786 1867 4292 6161 41996 26761 42320 23255 28692 40780 341190<br />
30103 118072 103377 159263 1411333 1105462 2204165 2345896 3437955 5429439 44438594<br />
2649 43034 31226 59882 589740 486566 1061534 1132448 1825974 2333064 23615531<br />
8673 14163 11744 6070 40619 22322 28889 31162 30851 90643 93463<br />
49* 167 47 86 443 637 1051 240 972 1290 7396<br />
73 793 628 347 4959, 2841 4064 4564 4382 6172 26284<br />
814 4324 1707 1033 11680 8423 13341 12552 18538 32954 209539<br />
656 1893 1842 2494 28870 26454 51632 54929 83633 134088 956403<br />
116 1112 263 1182 4387 2586 8550 7202 14952 10490 153256<br />
151* 68 74 36 341 352 493 669 1040 1188 17763<br />
42* 22 50 39 492 265 179 73 80 152 121<br />
568 1325 601 793 5338 5735 8986 11408 14490 24812 244282<br />
(5) - 15 ■ 3* 7 (5) 37 108 504 17650<br />
614 1416 664 645 6601 4751 1134! 7247 11001 15514 109107<br />
174* 570 1145 365 3672 6076 7274 10471 17542 30327 327988<br />
87* 227 303 201 2168 1839 2982 3631 7775 10718 33732<br />
a 6 39 13 1080 162 636 426 85 149 755<br />
15580 48902 53044 86077 710940 .536466 1003213 1068837 1406532 2237374 18625324<br />
2189 3193 1251 -94 12511 27986 66741 110867 108712 268145 2801292<br />
. - . - - - 77 - - 1146<br />
2142 3089 638 646 3363 17736 46775 83268 71678 221114 2454114<br />
3046 7323 7081 9626 75432 49966 83201 100061 114004 241064 2487586<br />
904 4234 6443 10272 72069 32230 36426 16793 42326 19950 33472<br />
1944 3538 179 ' -646 3363 17736 46775 83268 71678 221114 2454114<br />
565 1026 857 3097 28362 16870 32416 42516 41094 78110 444880<br />
559 934 667 2167 21429 8550 15897 23104 13754 26308 42044<br />
6 92 190 930 6933 8320 16519 19412 27340 51802 402391<br />
-<br />
- - - - - - - - • 442<br />
2081 5518 5223 5672 44500 34276 49658 60314 79033 159259 2092858<br />
463 1424 1393 1778 18449 15356 22527 25333 36244 73775 970156<br />
(5)* (51 (51* (5)* 3* - - * -<br />
15) (5)* (51 (5) 6 25 18 17 92 150 748<br />
- ■ (5) (5) 1 1 23 262 1003 1724 40800<br />
(5)* 35 14 2 112 228 382 624 857 1261 9858<br />
1679 1700 -741 -2422 -14974 2608 24630 58559 36291 148600 1493816<br />
2583 5934 5705 7851 57175 34844 61061 75541 78626 1C8574 1527299<br />
■<br />
(5) 209<br />
57 3461 4720 11419 10020 24215 !0305 696472<br />
198* *449* 459* - - . - - -<br />
11<br />
- - - - - ■ . - - 3<br />
11<br />
175* 928 929 381 6745 7812 15333 16180 31374 74133 435295<br />
- 78 302 270 6042 5502 7741 5430 4286 9310 26391<br />
175 653 522 330 3888 6068 10680 19033 23508 39678 251801<br />
175 514 391 270 2953 3970 7235 10811 15517 22445 156814<br />
(5) 34 14 7 168 269 506 757 1087 1573 10983<br />
1 (5) 3 23 275 228 443 1374 596 924 3875<br />
1 (5) 3 28 333 276 562 1506 827 1233 4998<br />
11 U. S. TREASURY DEPARTMENT - INTERNAL REVENUE SERVICE •<br />
449 •<br />
S<br />
0<br />
0<br />
•<br />
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419<br />
•<br />
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