S Corporation Returns, 1998 – Statistical Data Included
Susan Wittman
Data for Tax Year 1998 show a continuation in the growth of S corporations that was affected by four legislative acts: the Tax Reform Act of 1986, the Revenue Reconciliation Act of 1990, the Revenue Reconciliation Act of 1993, and the Small Business Job Protection Act of 1996 [1]. The total number of S corporation filings grew by over 5.5 percent to nearly 2.6 million, up from nearly 2.5 million for Tax Year 1997. S corporations continue to be the single largest corporate entity type filing a Form 1120 series U. S. Tax Return for a Corporation, with over 53.4 percent of all corporations filing a Form 1120S (Figure A). The average annual growth since 1986, the year in which the first of four major tax reform acts affected S corporations, is 10.3 percent. Over the same period, all other corporations have experienced an average annual decline of 1.1 percent [2].
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North American Industry Classification System
In 1993, the United States, Canada, and Mexico entered into a trade agreement known as the North American Free Trade Agreement (NAFTA), the goal of which was to eliminate trade barriers and trade tariffs within the continent for the three participants. The desired economic effect of this trade agreement was to reduce costs and thus improve economic efficiency. Each signatory had established government agencies that produced and tracked economic performance and had a system that classified economic data by some industry classification measure. These countries agreed that a consistent and common system was needed to properly measure economic performance and track the impact of NAFTA on each participating country.
The resulting system is known as the North American Industry Classification System (NAICS). This classification system has defined itself as “a comprehensive system covering the entire field of economic activities, producing and nonproducing [3].” The system allows for improved industry comparability among the three participating countries, and additionally is more compatible with the existing two-digit level of the International Standard Industrial Classification (ISIC Rev. 3) of the United Nations. The NAICS system is based on grouping together, in one industry, economic units that have similar production processes; i.e., the system is production-oriented.
The NAICS system has twenty sectors. Each industry within these sectors is grouped by its individual production criterion. While the structure of NAICS does not explicitly reflect a distinction of goods versus services, there are five mostly goods-producing sectors, and the remaining fifteen are service-producing sectors. The Internal Revenue Service and the Statistics of Income Division have based their industry classification systems largely on the NAICS system with some modifications. Statistics of Income publishes corporate data on four levels: division, sector, major, and minor code. Data presented in this article are generally shown by division, the highest level in the classification system, and then by sector, the secondary level. The ten divisions and their sectors are:
* raw materials and energy production, which includes agriculture, forestry, fishing, and hunting, mining, and utilities;
* goods production, which includes construction and manufacturing;
* distribution and transportation of goods, which includes wholesale trade, retail trade, and transportation and warehousing;
* information;
* finance, insurance, real estate, and rental and leasing;
* professional and business services, which includes professional, scientific, and technical services, management companies and enterprises, and administrative and support, and waste management and remediation services;
* education, health and social services, which includes education and health and social assistance;
* leisure, accommodation, and food service, which includes arts, entertainment, and recreation, and accommodation and food services;
* other services;
* nature of business not allocable.
For information on lower-level groupings (major groups and minor industries), see Internal Revenue Service, Statistics of Income–Corporation Source Book, Publication 1053.
The prior industry classification system was known as the Standard Industrial Classification system, and was developed in the late 1930’s by the United States. Over the course of the twentieth century, the American economy underwent a significant shift from a goods-producing economy to a service-producing one. As the economy shifted, new industries emerged. An industry classification system overhaul was needed to account for shifts in the economy. NAICS was designed to accommodate these shifts.
S corporation data for Tax Year 1998 are being classified and presented for the first time under this NAICS-based industry classification system. The new industry classifications allow for greater detail and the presentation of recently emerged industries, such as in the Information division, which was not distinguished in prior years. At the same time, the new industry classifications do present a problem for longitudinal analysis by industry. Therefore, industry data presented cannot readily be compared to prior years, and such comparisons will not be attempted in this article as the foundations of the classification system have dramatically changed under this new system. For example, in Tax Year 1997, three industrial divisions (services; wholesale and retail trade; and finance, insurance, and real estate) accounted for nearly three-quarters of all S corporations. For Tax Year 1998, the top three industrial divisions (distribution and transportation of goods; professional and business services; and goods production) account for less than 59 percent of all S corporations.
S Corporation Basics
An S corporation is an incorporated entity that retains the main attributes of the traditional C corporation, such as limited liability, freely transferable ownership, and unlimited life span, but, in exchange for certain limitations, receives the benefits of a flow-through entity for income tax purposes. The election to be treated as an S corporation allows income and expenses to pass through the corporate structure to its shareholders, and any resulting tax liability is the responsibility of the shareholders. This benefit eliminates the double taxation on the corporation’s net income or capital gains. This is unlike a taxable corporation which incurs a tax liability at the corporate level on its net income and capital gains, and then again, when profits are distributed to shareholders in the form of dividends, a second tax liability is incurred on those dividends. The elimination of double taxation can result in substantial tax savings for a corporation that is eligible to make a Subchapter S election. The tax benefits of an S election are valuable for profitable corporations as well as corporations that report net losses, as the losses flow through to the individual shareholders and can potentially offset net income from other sources.
To elect treatment under Subchapter S, an eligible corporation must meet all criteria for an election and file Form 2553, Election by a Small Business Corporation, with the IRS Submission Processing Center where the corporation files its Federal tax forms. All qualified shareholders of the corporation must consent to the election on Form 2553, and all eligibility requirements must be met prior to the election [4]. The criteria for Tax Year 1998 were that the corporation:
* be a domestic corporation (an unincorporated association, that is treated as a corporation under Code Section 7701, may elect treatment as an S corporation);
* have no more than 75 shareholders (a husband and wife (and their estates) are counted as one shareholder for this requirement);
* have only individuals, estates, certain trusts, and exempt organizations as shareholders [5];
* have no nonresident alien shareholders; and have only one class of stock.
Ineligible corporations were:
* affiliated group members eligible for inclusion on a consolidated return;
* insurance companies subject to provisions of Subchapter L of the Internal Revenue Code;
* Interest-Charge Domestic International Sales Corporations (IC-DISC’s) or former Domestic International Sales Corporations (DISC’s);
* corporations eligible to elect the possessions tax credit; and
* banks or thrift institutions that use the reserve method of accounting for bad debts under Internal Revenue Code section 585.
Form 1120S, U.S. Tax Return for an S Corporation, must be filed before the 15th day of the 3rd month following the close of the tax year. The tax year for an S corporation generally must be a calendar year. While provisions exist for an exemption from the calendar year rule, for Tax Year 1998, over 90.0 percent of all S corporations filed a calendar year return [6].
Comparisons of Pass-Through Entities
Over the past few years, S corporations have been compared to other pass-through entity choices by tax professionals to determine which pass-through entity choice provides the most benefit. The focus of this debate has centered on the S corporation election or the limited liability company (LLC). The limited liability company is a hybrid entity combining partnership and corporate characteristics and has advantages over the S corporation election, as there is no limit on the number of owners, and it allows corporate or foreign ownership. Conversely, S corporations are limited to a maximum of 75 shareholders that must be individuals, estates, certain trusts, or exempt organizations but cannot have a nonresident alien shareholder. Additionally, an eligible corporation must be domestic and may have only one class of stock. Despite the advantages of the LLC entity classification, LLC’s are generally subject to provisions under subchapter K of the Internal Revenue Code that govern partnerships. This subchapter of the Code is considered by many tax professionals to be complex. Subchapter S of the Internal Revenue Code, however, generally governs S corporations. The simplicity of subchapter S is considered by many to be an advantage for the small business owner who wants the liability protection of a corporation coupled with one level of tax, as a pass-through entity, without the cumbersome provisions of subchapter K. Shareholders of S corporations may also benefit from lower employment taxes. Wages they receive from the firm are subject to FICA taxes, but profits are generally not subject to self-employment taxes. Active members of unincorporated entities, like LLC’s, can be liable for these taxes on their pass-through income, however.
Some tax professionals have speculated that, as a pass-through entity choice, S corporation elections will decline in popularity. This speculation is not supported by the data as S corporation return filings continued to increase for Tax Year 1998. More than 310.2 thousand corporations elected subchapter S status for the first time during Tax Year 1998, which includes over 241.2 thousand newly incorporated businesses electing subchapter S treatment out of a total population of nearly 2.6 million. The remaining 68.9 thousand corporations were added to the S corporation population as taxable corporations converted to S corporation status during Tax Year 1998. These statistics are comparable with those for Tax Year 1997 when nearly 2.5 million returns were filed, including 320.8 thousand corporations that elected subchapter S status for the first time in 1997. Of this group, nearly 227.4 thousand newly incorporated businesses elected S corporation status for the first time, and 93.4 thousand converted from taxable corporations to S corporation status. Overall, these statistics show continued increases in the number of businesses electing S corporation status, even though there is a slight decline in the rate of growth from Tax Year 1997 compared with Tax Year 1998.
As further evidence of the continued popularity of S corporations as an entity choice, they now comprise 53.4 percent of all Form 1120 series returns filed for Tax Year 1998, up from 52.1 percent for Tax Year 1997. Thus, they continue to be the single most popular corporate entity choice of the Form 1120 series returns.
As previously reported in the Statistics of Income Bulletin, there were nearly 1.9 million partnership returns filed for Tax Year 1998 [7]. Included in this figure are 470.7 thousand limited liability company returns, which is an increase of more than 34.8 percent over Tax Year 1997. While the increase in filings of these returns continues, there is a decline in the rate of growth as shown in Figure B. The increase in the number of partnership filings is attributed to limited liability companies as well as limited partnerships. While these two entity choices have experienced increases, general partnerships have been on the decline [8]. These statistics do not include limited liability companies that have filed a Form 1120 or that file as a sole proprietorship a Form 1040 Schedule C.
Figure B
Limited Liability Companies Filing on Form 1065 and Form
1065B for Tax Years 1993-1998
[All figures are estimates based on samples]Total Total Total Total Percent
number part- number limited of limited
Tax of part- nership of liability liability
year nership percent limited companies companies
returns change liability percent to total
from companies change
prior from
year prior
year
(1) (2) (3) (4) (5)
1993 1,467,567 — 17,335 — 1.2
1994 1,493,963 1.8 47,816 175.8 3.2
1995 1,580,900 5.8 118,559 147.9 7.5
1996 1,654,256 4.6 221,498 86.8 13.4
1997 1,758,627 6.3 349,054 57.6 19.8
1998 1,855,348 5.5 470,657 34.8 25.4
NOTE: Includes Limited Liability Companies filing on Form 1065,
U.S. Partnership Return of Income and Form 10656 U.S. Return
of Income for Electing Large Partnerships.
The statistics on S corporation elections and partnership filings do not yet indicate a dramatic shift away from subchapter S elections to other pass-through entity choices.
Subsidiaries
Tax Year 1998 was the second year that S corporations were allowed to own 100 percent of the stock of an eligible S corporation and elect to treat the subsidiary owned as a “qualified subchapter S subsidiary” or QSUB [9]. Tax Year 1997 was the first year statistics were published on such data and just over 1,900 S corporations reported a QSUB election for eligible subsidiaries. These corporations also reported total assets of $53.7 billion and total net income (less deficit) of $2.5 billion. For Tax Year 1998, nearly 3,100 S corporations reported such an election, a 61.7-percent increase over the prior period. Total assets reported by these S corporations were $109.3 billion, and total net income (less deficit) was $5.6 billion for Tax Year 1998. Many of the S corporations that made an election to treat a subsidiary as a qualified subsidiary made the election for multiple subsidiaries owned. Figure C shows the number of S corporations reporting a QSUB election, total assets, and total net income (less deficit) by industrial division for Tax Year 1998.
Figure C
S Corporation Filings with Qualified Subchapter S Subsidiaries,
by Industrial Division, Tax Year 1998
[All figures are estimates based on samples–money amounts arein thousands of dollars]
Number of Total Total net income
Industrial division returns assets (less deficit)
(1) (2) (3)
All industries 3,073 109,282,651 5,624,562
Raw materials and
energy production 91 3,514,770 67,255
Goods production 528 24,893,864 2,005,525
Distribution and
transportation
of goods 821 13,591,363 851,969
Information 288 5,516,123 551,601
Finance, insurance,
real estate, and
rental and leasing 283 22,278,130 1,049,089
Professional and
business services 823 36,860,754 846,695
Education, health, and
social assistance 25 385,110 8,489
Leisure, accommodation,
and food services 163 1,934,455 243,939
Other services (*)51 (*)308,082 (*)15,504
(*) Estimate should be used with caution because of
the small number of returns on which it is based.
NOTE: Detail may not add to totals because of rounding.
Financial Data Highlights
Figure D displays total net income (less deficit) for each industrial sector. Total net income (less deficit) for S corporations includes net income (less deficit) from trade or business, real estate rental income (less deficit), net income (less deficit) from other rental activity, and portfolio income (less loss) distributed to shareholders [10].
Figure D
S Corporations: Total Net Income (Less Deficit), by Industrial
Sector, Tax Year 1998
[All figures are estimates based on samples–money amounts arein thousands of dollars]
Agriculture,
Item All forestry, Mining
Industries fishing,
and hunting
(1) (2) (3)
Total net income 181,788,303 1,034,457 2,416,272
(less deficit)
Net income (less
deficit) from a
trade or business 124,859,425 297,381 1,167,921
Portfolio income (less
deficit) distributed
to shareholders 51,465,087 556,411 1,231,779
Dividend income 1,612,865 26,011 71,014
Interest income 10,629,968 249,430 202,279
Royalty income 619,003 25,284 90,850
Net short-term capital
gain (less loss) 507,233 -5,654 1,764
Net long-term capital
gain (less loss) 37,953,826 253,487 864,972
Other portfolio
income (net) 142,192 7,852 900
Real estate rental net
income (less deficit) 4,546,215 157,285 11,305
Net income (less deficit)
from other rental
activity 917,576 23,380 5,267
Item Utilities Construction Manufacturing
(4) (5) (6)
Total net income 513,875 21,257,116 35,567,911
(less deficit)
Net income (less
deficit) from a
trade or business 102,254 18,136,701 27,556,943
Portfolio income (less
deficit) distributed
to shareholders 412,250 2,915,819 7,799,415
Dividend income 869 121,778 183,232
Interest income 52,645 1,267,598 1,349,308
Royalty income — 5,758 68,151
Net short-term capital
gain (less loss) -192 49,328 -11,260
Net long-term capital
gain (less loss) 358,929 1,463,443 6,207,247
Other portfolio
income (net) — 7,913 2,737
Real estate rental net
income (less deficit) (*)-786 175,529 137,236
Net income (less deficit)
from other rental
activity (*)157 29,067 74,317
Item Wholesale Wholesale Retail
and retail trade trade
trade
(7) (8) (9)
Total net income
(less deficit) 36,203,962 20,283,199 17,905,559
Net income (less
deficit) from a
trade or business 29,540,808 15,984,289 13,546,101
Portfolio income (less
deficit) distributed
to shareholders 8,163,305 4,064,069 4,095,128
Dividend income 213,780 112,682 101,065
Interest income 1,930,422 902,220 1,024,559
Royalty income 134,616 86,968 47,649
Net short-term capital
gain (less loss) 23,495 -2,447 25,801
Net long-term capital
gain (less loss) 5,851,870 2,958,359 2,893,221
Other portfolio
income (net) 9,121 6,287 2,834
Real estate rental net
income (less deficit) 357,099 159,513 196,838
Net income (less deficit)
from other rental
activity 142,750 75,329 67,491
Wholesale
Item and retail Transpor- Information
trade not tation and
allocable warehousing
(10) (11) (12)
Total net income
(less deficit) 15,204 3,562,340 5,465,193
Net income (less
deficit) from a
trade or business 10,418 3,018,368 2,774,160
Portfolio income (less
deficit) distributed
to shareholders 4,108 457,268 2,628,957
Dividend income 34 25,851 65,654
Interest income 3,643 214,523 340,512
Royalty income — 719 15,872
Net short-term capital
gain (less loss (*)142 19,957 -49,504
Net long-term capital
gain (less loss) 290 194,812 2,248,352
Other portfolio
income (net) — 1,407 8,071
Real estate rental net
income (less deficit) (*)748 45,021 53,534
Net income (less deficit)
from other rental
activity -70 41,683 8,542
Real estate Professional,
Item Finance and rental scientific,
and and and technical
insurance leasing services
(13) (14) (15)
Total net income
(less deficit) 11,856,976 15,161,193 20,294,093
Net income (less
deficit) from a
trade or business 5,841,795 4,001,462 14,635,028
Portfolio income (less
deficit) distributed
to shareholders 6,003,496 7,252,391 5,598,455
Dividend income 296,915 182,528 134,996
Interest income 1,414,139 1,390,014 745,118
Royalty income 7,512 59,055 45,320
Net short-term capital
gain (less loss) 455,884 74,545 49,918
Net long-term capital
gain (less loss) 3,781,797 5,513,194 4,622,145
Other portfolio
income (net) 47,248 33,056 958
Real estate rental net
income (less deficit) 5,903 3,369,296 64,142
Net income (less deficit)
from other rental
activity 5,782 538,044 -3,532
Adminis-
trative
and support
Item Management and waste Educational
of management services
companies and remedia-
tion
services
(16) (17) (18)
Total net income
(less deficit) 2,685,133 8,138,659 666,602
Net income (less
deficit) from a
trade or business 1,420,103 4,130,880 556,059
Portfolio income (less
deficit) distributed
to shareholders 1,285,734 3,993,383 107,522
Dividend income 186,578 15,913 2,958
Interest income 329,809 285,422 44,707
Royalty income 1,880 (*)36,335 (*)4,075
Net short-term capital
gain (less loss) -64,268 -21,074 -89
Net long-term capital
gain (less loss) 829,872 3,676,786 55,872
Other portfolio
income (net) 1,863 1 —
Real estate rental net
income (less deficit) -20,087 6,954 2,909
Net income (less deficit)
from other rental
activity -617 7,442 111
Health care Arts, Accommo-
Item and social entertain- dation and
assistance ment, and food
recreation services
(19) (20) (21)
Total net income
(less deficit) 5,988,278 1,860,136 3,624,885
Net income (less
deficit) from a
trade or business 5,418,254 1,058,824 2,811,441
Portfolio income (less
deficit) distributed
to shareholders 540,551 756,172 716,127
Dividend income 15,959 20,395 28,536
Interest income 179,858 167,345 350,075
Royalty income — 116,933 844
Net short-term capital
gain (less loss) -10,360 -6,696 4,067
Net long-term capital
gain (less loss) 355,092 442,692 330,689
Other portfolio
income (net) (*)2 15,503 (*)1,916
Real estate rental net
income (less deficit) 25,454 34,144 71,257
Net income (less deficit)
from other rental
activity 4,019 10,996 26,060
Nature of
Item Other business
services not allocable
(22) (23)
Total net income
(less deficit) 3,733,930 -242,709
Net income (less
deficit) from a
trade or business 2,755,706 -364,662
Portfolio income (less
deficit) distributed
to shareholders 926,889 119,165
Dividend income 18,140 (*)1,758
Interest income 114,427 2,341
Royalty income (*)5,799 —
Net short-term capital
gain (less loss) -2,202 -427
Net long-term capital
gain (less loss) 787,083 (*)115,493
Other portfolio
income (net) (*)3,641 —
Real estate rental net
income (less deficit) 47,229 (*)2,789
Net income (less deficit)
from other rental
activity 4,107 —
(*) Estimate should be used with caution because of the small
number of sample returns on which it is based.
NOTE: Detail may not acid to totals because of rounding.
Table 1 presents data for all S corporations and then groups the data by industry divisions and by industry sectors. Total net income (less deficit) increased to $181.8 billion for Tax Year 1998, an 18.8-percent increase over the $153.1 billion reported for Tax Year 1997. Net income (less deficit) from a trade or business comprises the single largest component of total net income (less deficit). Despite the reported increase for this item, this component of total net income (less deficit) declined slightly as it accounted for 68.7 percent of total net income (less deficit), as compared to Tax Year 1997 when it accounted for 73.0 percent of total net income (less deficit). The slight decline as a percentage of total net income (less deficit) is due to an increase in portfolio income (less deficit). Portfolio income (less deficit) consists of dividend income, interest income, royalty income, net short-term capital gain (less loss), net long-term capital gain (less loss), and other portfolio income (less loss). These items increased by 39.9 percent for Tax Year 1998. The Taxpayer Relief Act of 1997 reduced the tax rates on net long-term capital gains, and the impact of those lower rates can be seen in the increases reported for net long-term capital gains (less loss) [11]. For Tax Year 1997, S corporations reported net long-term capital gain (less loss) totaling $23.5 billion, an increase of 43.4 percent over the prior year. For Tax Year 1998, net long-term gain (less loss) was nearly $38.0 billion, an increase of 61.5 percent over Tax Year 1997.
Four industrial divisions earned over 86 percent of total net income (less deficit) for Tax Year 1998. Goods production, which includes construction and manufacturing, reported total net income (less deficit) of $56.8 billion. Distribution and transportation of goods, which includes wholesale and retail trade and transportation and warehousing, reported $41.8 billion; professional and business services reported $31.1 billion, and finance, insurance, real estate, and rental and leasing reported $27.0 billion.
Table 2 presents data for S corporations that reported positive total net income, by industrial division and industrial sector. These corporations reported an increase in positive total net income for Tax Year 1998 of nearly $31.9 billion, a 16.6-percent increase over Tax Year 1997. Thus, 64.5 percent of all S corporations reported positive total net income as compared to 63.4 percent for Tax Year 1997. Net income (less deficit) from a trade or business was $166.8 billion, up 10.3 percent from Tax Year 1997 when $151.3 billion were reported. Portfolio income (less loss) was up 43.0 percent, largely due to increases in the net long-term capital gain (less loss).
S corporations reported an increase in total assets of 11.3 percent to nearly $1.5 trillion for Tax Year 1998 (Table 3). The two largest categories are net depreciable assets, which accounted for 23.4 percent of total assets, and notes and accounts receivable, which accounted for 21.4 percent of the total for all S corporations. Overall, asset categories with the largest percentage increase were investments in government obligations, which had a 49.8-percent increase to $26.5 billion; tax-exempt securities, which reported a 36.9-percent increase to $8.1 billion, and other investments, which reported a 24.8-percent increase to $138.3 billion. More than 85 percent of the total assets were held in four industrial divisions (Figure E). Goods production held 28.1 percent, being the largest percentage of total assets, with $408.3 billion. Distribution and transportation of goods held 26.8 percent of total assets, with $389.7 billion. Finance, insurance, real estate, and rental and leasing held a total of $267.9 billion. The fourth largest industrial division by size of total assets for Tax Year 1998 is professional and business services, which held $171.4 billion in total assets.
Figure E
S Corporation Total Assets, by Industrial Division, Tax Year 1998
Goods production 28%
Distribution and
transportation of goods 27%
Finance, insurance, real
estate, and rental and
leasing 18%
Professional and business
services 12%
All other(1) 15%
(1) All other includes raw materials and energy production;
information; education, health, and social assistance;
leisure, accommodation, and food services; other services;
and nature of business not allocable.
Note: Table made from a pie chart.
Rental Real Estate Net Income
Data on rental real estate net income as reported on Form 8825, Rental Real Estate Income and Expenses of a Partnership or an S Corporation, is shown in Table 4. The number of S corporation returns reporting Rental Real Estate Income on Form 8825 increased by more than 8.1 percent to over 222.1 thousand and reported net rental real estate income (less deficit) of $4.5 billion for Tax Year 1998, an increase of 18.0 percent. Despite the advent of a new industry classification system, NAICS, the sector for real estate and rental and leasing continues to dominate these figures. The real estate group reported 73.2 percent of net rental income (less deficit) for all S corporations. This same group also represented over 71.5 percent of all returns reporting income on Form 8825. Other activities related to rental real estate and reported on this form are net gain from sales of business property, which reported a 23.8-percent increase to $109.0 million. This increase was due not only to an increase in gains but also from a decrease in the losses reported by the sales of business property as well. Losses for Tax Year 1997 were $5.5 million, while losses reported for Tax Year 1998 were $4.8 million. Net income (less deficit) from partnerships and fiduciaries reported a slight decline to $490 million from $512 million between Tax Years 1997 and 1998.
Data by Number of Shareholders
S corporations continue to be owned by 10 or fewer shareholders despite changes in the Tax Code to ease restrictions on the limitation to the number of shareholders [12]. Nearly all (99.0 percent) S corporations reported having 10 or fewer shareholders (Table 5). S corporations reporting more than 10 shareholders and fewer than 31 shareholders decreased from 20,369 in Tax Year 1997 to 18,000 in Tax Year 1998, yet S corporations with more than 30 shareholders increased from over 1,200 to nearly 1,400 (or 10.5 percent). Nearly all new S corporations (99.9 percent) reported 10 or fewer shareholders. For Tax Year 1998, there were 715 S corporations with more than 35 shareholders, which had 34,319 shareholders. This is up from Tax Year 1997 when 600 corporations with more than 35 shareholders had nearly 25,751 shareholders.
Taxes
While most S corporations generally do not pay income tax, less than half of 1 percent reported some Federal income tax liability for Tax Year 1998, and the number of S corporations reporting such a liability is growing. An S corporation can, generally, be subject to just four types of Federal income tax. The most common tax reported by S corporations is the “built-in gains” tax. Over 82.0 percent, or $393 million, of all Federal income tax reported by S corporations for Tax Year 1998 was from the built-in gains tax. The reported tax liability for this item increased by 107.0 percent over Tax Year 1997 (Figure F). The built-in gains tax can only apply to an S corporation that has not had a valid S election in place since inception. S corporations that are potentially liable for this tax are those that made an S election after 1986 and realized a gain on the sale of an asset held at the time of that election within 10 years from the first day of the S corporation’s election. The gain that results in a tax liability is built in to the extent of the appreciation of the asset that occurred while the corporation was subject to the rules of a taxable corporation [13].
Figure F
S Corporation Taxes, Tax Years 1997 and 1998
[All figures are estimates based on samples–money amounts are inthousands of dollars]
Percent
Items 1997 1998 change
(1) (2) (3)
Total tax 256,352 479,411 87.0
Built-in gains tax 190,016 393,322 107.0
Excess net passive income tax 16,494 17,466 5.9
Adjustments to tax 46,393 66,594 43.5
Investment credit recapture tax (*)1,042 (*)755 (*)-27.5
Income tax adjustment (*)2,407 (*)1,275 (*)-47.0
(*) Estimate should be used with caution because of the small number of
sample returns on which it is based.
Other taxes that can result in a Federal income tax liability for an S corporation are the excess net passive income tax, the LIFO recapture tax (included in “Adjustments to tax” in Figure E), and the recapture of prior year’s investment credit. All of these apply only to corporations that had operated as taxable corporations before their S elections. The excess net passive income tax is imposed on S corporations that were previously taxable corporations and that have subchapter C earnings and profits if their passive investment income exceeds 25 percent of gross receipts [14]. The last-in, first-out, or LIFO recapture tax, applies to corporations that switched from C to S status after December 17, 1987, and that had valued their inventory assets using LIFO. Upon conversion, these corporations are required to include in gross income a LIFO recapture amount, which is the amount of inventory valued under the first-in, first-out (FIFO) method that exceeds the inventory valued under LIFO. Similarly, if inventory is transferred in a tax-free reorganization from a taxable C corporation to an S corporation, there must be a LIFO recapture adjustment made to gross income. Finally, an S corporation can be liable for recapture attributable to credits allowed in years before the corporation was an S corporation.
Figure E shows tax liability reported by S corporations for Tax Years 1997 and 1998. The adjustments to tax include Section 1363(d) LIFO recapture taxes and interest due from Form 8697, Interest Computation under Look-Back Method for Completed Long-Term Contracts. The income tax adjustment includes Section 1291 (c)(2) deferred tax of a shareholder in a passive foreign investment company.
Largely due to the “built-in gains” tax, S corporations reported an increase in total tax liability of 87.0 percent to $479.4 million for Tax Year 1998. Total net income (less deficit) reported by all S corporations for Tax Year 1998 was $181.8 billion, and total tax liability was $479.4 million. Tax liability was reported by more than 10,400 S corporations for Tax Year 1998, an increase of more than 2,500 over Tax Year 1997. While total tax liability has increased, there remain fewer than half of 1 percent (0.40 percent) of all S corporations reporting a Federal income tax liability.
Conclusion
S corporations continued on a trend of steady growth as the number of filings increased to nearly 2.6 million. S corporations also continued to be the single most popular corporate entity filing the Form 1120 series as 53.4 percent of all corporate returns were S corporations. Total net income (less deficit) increased by 18.8 percent to $181.8 billion for Tax Year 1998. Net income (less deficit) from a trade or business is the largest component of total net income (less deficit) as it accounted for 68.7 percent of the total, or $124.9 billion. Portfolio income (less loss) increased by nearly 40 percent to $51.5 billion, most of this increase due to net long-term capital gains, which grew to nearly $38.0 billion for Tax Year 1998. Included in total net income (less deficit) is rental real estate net income (less deficit), which was reported at $4.5 billion, an increase of 18.0 percent. The number of returns filing this type of income was up by more than 8.1 percent, or 222.2 thousand S corporations. Total assets reported by S corporations amounted to nearly $1.5 trillion, with four industrial divisions holding more than 85 percent of total assets reported. Data reported for Tax Year 1998 are being classified for the first time using the newly adopted NAICS industry classification system. Longitudinal comparisons by industry are impeded due to this new system.
Tax professionals have compared S corporations to other pass-through entity types, and several have speculated that the LLC would take over as the dominant pass-through entity choice. Data provided thus far do not support this claim. Nearly all (99.0 percent) S corporations reported 10 or fewer shareholders despite changes in the tax law that lessened restrictions on the limitations imposed. New S corporations were even more likely to have 10 or fewer shareholders, as 99.9 percent of all new S corporations reported as such. Despite increases in the number of returns reporting a Federal tax liability, as in prior years, less than half of 1 percent of all S corporations reported such a liability. The most common tax liability reported is the built-in gains tax, which increased by 107.0 percent over Tax Year 1997.
Data Sources and Limitations
The statistics for Tax Year 1998 are based on a sample of S corporation income tax returns with accounting periods ending July 1998 through June 1999 that posted to the Internal Revenue Service Business Master File between July 1998 and the end of June 2000.
The estimates in this article were based on a stratified probability sample of 41,434 S corporation returns drawn from a total population of 2,716,507 returns. The stratification was based on combinations of total assets and ordinary income. Sample rates ranged from 0.25 percent to 100 percent. The sample was selected after administrative processing, but before audit examination. The selected sample included 40,532 active S corporation returns. Based on this count, the number of active S corporations for Tax Year 1998 was estimated to be 2,588,088.
Because the estimates are based on a sample, they are subject to sampling error. Coefficients of variation (CV’s) are used to measure the magnitude of this sampling error. The CV is defined in the section on sampling variability in the “SOI Sampling Methodology and Data Limitations” appendix of this publication. Figure G presents the coefficients of variation for S corporations for selected variables by industrial division. The smaller the coefficient of variation, the more reliable the estimate is judged to be.
Figure G
Coefficients of Variation for Number of Returns, Number of
Shareholders, Total Receipts, Dividends, and Interest, by Industrial
Division, Tax Year 1998
Industrial division Number of Number of Total
returns shareholders receipts
(1) (2) (3)
Percentages
All Industries(1) 0.25 0.80 0.68
Raw materials and energy
production 4.38 5.81 4.21
Goods production 1.71 2.22 0.99
Distribution and
transportation of goods 1.58 2.02 1.25
Information 7.02 8.21 5.30
Finance, insurance, real
estate, and rental and
leasing 1.73 2.68 4.38
Professional and business
services 1.94 2.36 2.81
Education, health, and social
assistance 3.94 6.18 5.54
Leisure, accommodation, and
food services 2.71 3.59 2.55
Other services 3.92 4.72 4.48
Industrial division Dividend Interest
income income
(4) (5)
Percentages
All Industries(1) 3.89 1.84
Raw materials and energy
production 6.66 4.49
Goods production 4.20 1.95
Distribution and
transportation of goods 9.25 3.02
Information 12.07 5.29
Finance, insurance, real
estate, and rental and
leasing 9.59 5.35
Professional and business
services 9.53 6.42
Education, health, and social
assistance 20.46 11.52
Leisure, accommodation, and
food services 12.38 5.45
Other services 12.79 9.48
(1) Includes returns not allocable by industrial division.
Notes and References
[1] For detailed information on the impact of these legislative acts on S corporations, see the following articles: For more information on the impact of the Tax Reform Act of 1986 on S corporations, see Gill, Amy, “S Corporation Returns, 1992,” Statistics of Income Bulletin, Spring 1995, Volume 14, Number 4; Gill, Amy and Wittman, Susan, “S Corporation Election After the Tax Reform Act of 1986,” Statistics of Income Bulletin, Spring 1998, Volume 17, Number 4. For more information on the impact of the Revenue Reconciliation Act of 1993, see Wittman, Susan, “S Corporation Returns, 1994,” Statistics of Income Bulletin, Spring 1997, Volume 16, Number 4. For more information on the impact of the Small Business Job Protection Act of 1996, see Wittman, Susan, “S Corporation Returns, 1997,” Statistics of Income Bulletin, Spring 2000, Volume 19, Number 4.
[2] For purposes of this article, taxable corporation return types include Form 1120, Form 1120-A, Form 1120F, Form 1120L, and Form 1120-PC. Form 1120-REIT and Form 1120-RIC, while not taxable corporations, are included in the statistics along with all other corporations. Limited liability companies that choose to be taxed as a corporation can file Form 1120; however, only an “LLC” designation in the name can identify such entities as the form is not designed to clearly identify these unincorporated associations. The number of returns with an “LLC” designation in the Statistics of Income corporate file is unpublished and small.
[3] North American Industry Classification System United States, 1997, Executive Office of the President, Office of Management and Budget.
[4] Provisions exist to allow for late-filed election to be considered as timely made. See Revenue Procedure 97-40 for extended filings. For further detail on filing an S election, see Internal Revenue Service, Internal Revenue Code, Subchapter S [Section 1362(a), (b)].
[5] Eligible trusts are defined in the Internal Revenue Code 1361(c)(2)(A); eligible trusts include those that are treated as owned by an individual who is a citizen or resident of the United States. Eligible exempt organizations are defined in Internal Revenue Code 401(a); these organizations include qualified pension plans, profit-sharing plans, and stock bonus plans, or eligible exempt organizations defined in Internal Revenue Code 501(c)(3), which includes certain tax-exempted organizations.
[6] S corporations may elect another tax year if a business purpose can be established to the satisfaction of the Internal Revenue Service, or they may use an alternate tax year but make “required payments” to the Internal Revenue Service per Code section 1378.
[7] For more information on partnerships, see Zempel, Alan, “Partnership Returns, 1998,” Statistics of Income Bulletin, Fall 2000, Volume 20, Number 2.
[8] For more information on partnerships, limited liability companies, and general partnerships, see Zempel, Alan, “Partnership Returns, 1998,” Statistics of Income Bulletin, Fall 2000, Volume 20, Number 2.
[9] For more information on the impact of the Small Business Job Protection Act of 1996, see Wittman, Susan, “S Corporation Returns, 1997,” Statistics of Income Bulletin, Spring 2000, Volume 19, Number 4.
[10] Total net income (less deficit) as specified here includes the following income items: net income (less deficit) from trade or business, real estate rental income (less deficit), net income (less deficit) from other rental activity, and portfolio income (less loss) distributed to shareholders. On Form 1120S, there are some deduction items to be drawn against the income items listed above, as well as the reduction in income reported due to the built-in gains tax. After these deductions and adjustments are made, total net income (less deficit) is $169.8 billion.
[11] Ibid. (see [9])
[12] Ibid. (see [9])
[13] For further detail, see Internal Revenue Service, Internal Revenue Code, Subchapter S, Section 1374. Also see Gill, Amy, “S Corporation Returns, 1992,” Statistics of Income Bulletin, Spring 1995, Volume 14, Number 4.
[14] “Passive investment income” means gross receipts derived from royalties, rents, dividends, interest (excluding interest on installment sales of inventory to customers and income of certain lending and financing businesses), annuities, and sales or exchanges of stock or securities to the extent of any gains. “Excess net passive income” is the amount that bears the same ratio to net passive income as the amount of passive investment income that exceeds 25 percent of gross receipts bears to passive investment income.
Table 1.–S Corporations: Total Income and Deductions, Portfolio
Income, Rental Income and Total Net Income, by Industrial Division,
Sector, and Major Group
[All figures are estimates based on samples–money amounts are inthousands of dollars]
Raw
materials
and energy
production
All
Item industries Total
(1) (2)
Number of returns 2,588,088 87,021
Number of shareholders 4,839,618 217,758
Income and deductions from a
trade or business:
Total receipts(1) 3,061,133,169 66,762,681
Business receipts 3,004,118,934 61,579,629
Interest on Government
obligations:
State and local 989,514 36,218
Net gain, noncapital 7,072,292 582,378
assets
Other receipts 48,952,430 4,564,456
Total deductions 2,935,284,231 65,158,906
Cost of goods sold 1,933,927,048 34,546,825
Compensation of officers 118,740,561 1,524,380
Salaries and wages 304,673,213 5,057,703
Repairs 18,852,368 1,485,803
Bad debts 6,287,840 83,495
Rent paid on business 68,307,705 1,930,744
property
Taxes paid 62,621,621 1,566,311
Interest paid 37,153,707 1,597,470
Amortization 3,659,561 142,729
Depreciation 51,485,900 3,161,226
Depletion 495,092 287,659
Advertising 29,455,958 220,120
Pension, profit-sharing,
stock bonus, and
annuity plans 10,704,288 125,551
Employee benefit programs 22,010,877 441,061
Net loss, noncapital assets 641,708 36,901
Other deductions 266,266,785 12,950,928
Total receipts less total 125,848,938 1,603,774
deductions
Net income (less deficit)
from a trade or
business 124,859,425 1,567,556
Net income 171,096,577 4,731,549
Deficit 46,237,152 3,163,993
Portfolio income (less deficit)
distributed to
shareholders 51,465,087 2,200,440
Dividend income 1,612,865 97,894
Interest income 10,629,968 504,354
Royalty income 619,003 116,134
Net short-term capital gain
(less loss) 507,233 -4,082
Net long-term capital gain
(less loss) 37,953,826 1,477,388
Other portfolio income 142,192 8,752
(net)
Real estate rental net income
(less deficit) 4,546,215 167,804
Net income 6,673,561 188,929
Deficit 2,127,346 21,126
Net income (less deficit)
from other rental
activity 917,576 28,804
Net income 1,246,257 32,872
Deficit 328,681 4,069
Total net income (less deficit) 181,788,303 3,964,603
Net income 223,972,910 6,851,195
Deficit 42,184,607 2,886,592
Raw materials and energy production
Agriculture, forestry, fishing,
and hunting
Agri- Forestry
Item Total culture and
production logging
(3) (4) (5)
Number of returns 69,418 44,943 7,559
Number of shareholders 173,271 118,188 18,201
Income and deductions from a
trade or business:
Total receipts(1) 48,369,315 30,590,979 5,643,933
Business receipts 44,385,790 27,039,066 5,589,872
Interest on Government
obligations:
State and local 18,950 16,495 (*)1,683
Net gain, noncapital 262,262 211,195 6,519
assets
Other receipts 3,702,313 3,324,223 45,860
Total deductions 48,052,984 30,739,826 5,627,344
Cost of goods sold 25,146,324 14,404,021 3,385,296
Compensation of officers 1,016,483 536,082 155,284
Salaries and wages 3,909,015 2,563,363 383,631
Repairs 1,223,875 760,185 158,865
Bad debts 48,852 34,932 7,574
Rent paid on business 1,564,797 1,308,754 53,133
property
Taxes paid 944,203 639,286 106,420
Interest paid 1,061,877 773,820 121,799
Amortization 74,856 59,312 2,390
Depreciation 2,138,434 1,442,651 286,727
Depletion 136,960 (*)7,502 (*)128,148
Advertising 193,620 98,354 3,872
Pension, profit-sharing,
stock bonus, and
annuity plans 67,831 38,800 8,509
Employee benefit programs 251,815 173,629 24,838
Net loss, noncapital assets 4,903 4,589 275
Other deductions 10,269,139 7,894,547 800,585
Total receipts less total 316,332 -148,848 16,589
deductions
Net income (less deficit)
from a trade or
business 297,381 -165,343 14,906
Net income 2,698,307 1,745,535 208,341
Deficit 2,400,926 1,910,877 193,436
Portfolio income (less deficit)
distributed to
shareholders 556,411 360,014 68,103
Dividend income 26,011 15,310 1,718
Interest income 249,430 187,474 25,277
Royalty income 25,284 24,656 628
Net short-term capital gain
(less loss) -5,654 222 -2,465
Net long-term capital gain
(less loss) 253,487 124,797 42,630
Other portfolio income 7,852 7,555 314
(net)
Real estate rental net income
(less deficit) 157,285 147,449 2,307
Net income 162,325 152,209 2,379
Deficit 5,040 4,760 72
Net income (less deficit)
from other rental
activity 23,380 16,654 849
Net income 25,478 18,525 881
Deficit (*)2,099 (*)1,871 32
Total net income (less deficit) 1,034,457 358,775 86,165
Net income 3,233,710 2,122,403 263,075
Deficit 2,199,254 1,763,628 176,910
Raw materials and energy production
Agri-
culture,
forestry,
fishing,
and
hunting
Support
activities
and
Item fishing, Mining Utilities
hunting,
and
trapping
(6) (7) (8)
Number of returns 16,915 15,479 2,124
Number of shareholders 36,882 38,765 5,723
Income and deductions from a
trade or business:
Total receipts(1) 12,134,403 15,672,706 2,720,659
Business receipts 11,756,852 14,577,947 2,615,892
Interest on Government
obligations:
State and local 772 16,654 614
Net gain, noncapital 44,549 316,547 3,568
assets
Other receipts 332,230 761,557 100,585
Total deductions 11,685,813 14,488,131 2,617,792
Cost of goods sold 7,357,008 7,602,023 1,798,478
Compensation of officers 325,117 460,217 47,680
Salaries and wages 962,021 975,978 172,710
Repairs 304,826 246,440 15,489
Bad debts 6,346 29,146 5,497
Rent paid on business 202,910 288,910 77,037
property
Taxes paid 198,498 567,336 54,772
Interest paid 166,258 441,461 94,131
Amortization 13,154 58,798 9,076
Depreciation 409,056 887,713 135,079
Depletion (*)1,310 146,424 4,275
Advertising 91,393 23,334 3,166
Pension, profit-sharing,
stock bonus, and
annuity plans 20,523 49,597 8,123
Employee benefit programs 53,348 173,636 15,610
Net loss, noncapital assets 39 31,998 —
Other deductions 1,574,007 2,505,120 176,669
Total receipts less total 448,590 1,184,575 102,868
deductions
Net income (less deficit)
from a trade or
business 447,818 1,167,921 102,254
Net income 744,431 1,808,203 225,038
Deficit 296,613 640,282 122,785
Portfolio income (less deficit)
distributed to
shareholders 128,294 1,231,779 412,250
Dividend income 8,983 71,014 869
Interest income 36,679 202,279 52,645
Royalty income — 90,850 —
Net short-term capital gain
(less loss) (*)-3,411 1,764 -192
Net long-term capital gain
(less loss) 86,060 864,972 358,929
Other portfolio income -17 900 —
(net)
Real estate rental net income
(less deficit) 7,529 11,305 -786
Net income 7,737 25,967 637
Deficit 209 14,662 1,424
Net income (less deficit)
from other rental
activity (*)5,876 5,267 (*)157
Net income (*)6,072 7,237 (*)157
Deficit 196 (*)1,970 —
Total net income (less deficit) 589,517 2,416,272 513,875
Net income 848,232 2,999,515 617,970
Deficit 258,716 583,243 104,095
Goods production
Construction
Item Total Total
(9) (10)
Number of returns 452,147 305,531
Number of shareholders 853,159 516,155
Income and deductions from a
trade or business:
Total receipts(1) 884,137,352 395,901,321
Business receipts 875,032,873 391,892,110
Interest on Government
obligations:
State and local 240,252 96,099
Net gain, noncapital 1,538,686 582,571
assets
Other receipts 7,325,541 3,330,541
Total deductions 838,203,457 377,668,522
Cost of goods sold 627,199,736 293,744,937
Compensation of officers 27,496,128 12,488,695
Salaries and wages 53,909,049 18,828,533
Repairs 3,905,656 1,588,319
Bad debts 1,351,882 517,242
Rent paid on business 11,377,185 5,238,607
property
Taxes paid 16,516,673 6,779,024
Interest paid 8,738,732 3,146,720
Amortization 587,322 119,764
Depreciation 17,419,654 5,575,526
Depletion 180,031 26,957
Advertising 5,810,256 1,212,697
Pension, profit-sharing,
stock bonus, and
annuity plans 3,296,223 1,223,097
Employee benefit programs 8,422,918 3,287,721
Net loss, noncapital assets 105,247 21,623
Other deductions 51,886,765 23,869,058
Total receipts less total 45,933,895 18,232,799
deductions
Net income (less deficit)
from a trade or
business 45,693,643 18,136,701
Net income 55,091,586 22,033,996
Deficit 9,397,942 3,897,296
Portfolio income (less deficit)
distributed to
shareholders 10,715,234 2,915,819
Dividend income 305,010 121,778
Interest income 2,616,906 1,267,598
Royalty income 73,909 5,758
Net short-term capital gain
(less loss) 38,068 49,328
Net long-term capital gain
(less loss) 7,670,690 1,463,443
Other portfolio income 10,651 7,913
(net)
Real estate rental net income
(less deficit) 312,765 175,529
Net income 431,470 276,699
Deficit 118,705 101,170
Net income (less deficit)
from other rental
activity 103,384 29,067
Net income 111,348 32,256
Deficit 7,964 3,189
Total net income (less deficit) 56,825,026 21,257,116
Net income 65,442,311 25,019,340
Deficit 8,617,284 3,762,225
Goods production
Construction
Building,
developing, Heavy
Item and general construction
contracting
(11) (12)
Number of returns 129,539 12,274
Number of shareholders 239,117 22,683
Income and deductions from a
trade or business:
Total receipts(1) 180,011,911 52,497,391
Business receipts 177,971,064 51,632,072
Interest on Government
obligations:
State and local 57,699 14,193
Net gain, noncapital 154,661 235,642
assets
Other receipts 1,828,486 615,485
Total deductions 173,516,974 50,078,521
Cost of goods sold 147,517,792 39,305,498
Compensation of officers 4,109,646 1,236,642
Salaries and wages 5,143,323 2,067,650
Repairs 404,064 333,069
Bad debts 221,730 56,288
Rent paid on business 1,094,863 1,355,059
property
Taxes paid 1,816,947 798,589
Interest paid 1,713,049 384,005
Amortization 71,714 7,411
Depreciation 1,075,347 1,519,941
Depletion 5,148 19,891
Advertising 464,403 49,394
Pension, profit-sharing,
stock bonus, and
annuity plans 317,861 276,102
Employee benefit programs 692,336 371,792
Net loss, noncapital assets 6,619 5,631
Other deductions 8,862,133 2,291,559
Total receipts less total 6,494,936 2,418,870
deductions
Net income (less deficit)
from a trade or
business 6,437,237 2,404,678
Net income 8,876,967 2,698,619
Deficit 2,439,730 293,942
Portfolio income (less deficit)
distributed to
shareholders 1,774,397 374,066
Dividend income 49,965 38,934
Interest income 739,298 223,377
Royalty income 407 3,200
Net short-term capital gain
(less loss) 43,504 3,909
Net long-term capital gain
(less loss) 935,156 103,215
Other portfolio income 6,067 (*)1,431
(net)
Real estate rental net income
(less deficit) 134,741 23,187
Net income 230,130 23,918
Deficit 95,389 731
Net income (less deficit)
from other rental
activity 10,111 14,316
Net income 11,588 15,933
Deficit (*)1,477 1,616
Total net income (less deficit) 8,356,486 2,816,247
Net income 10,785,028 3,053,432
Deficit 2,428,542 237,185
Goods production
Construction Manufacturing
Special
Item trade Total
contractors
(13) (14)
Number of returns 163,717 146,617
Number of shareholders 254,355 337,004
Income and deductions from a
trade or business:
Total receipts(1) 163,392,020 488,236,031
Business receipts 162,288,974 483,140,763
Interest on Government
obligations:
State and local 24,207 144,154
Net gain, noncapital 192,268 956,115
assets
Other receipts 886,570 3,995,000
Total deductions 154,073,027 460,534,934
Cost of goods sold 106,921,648 333,454,799
Compensation of officers 7,142,407 15,007,433
Salaries and wages 11,617,561 35,080,516
Repairs 851,187 2,317,337
Bad debts 239,224 834,640
Rent paid on business 2,788,685 6,138,578
property
Taxes paid 4,163,488 9,737,649
Interest paid 1,049,666 5,592,012
Amortization 40,639 467,557
Depreciation 2,980,238 11,844,128
Depletion (*)1,918 153,074
Advertising 698,900 4,597,559
Pension, profit-sharing,
stock bonus, and
annuity plans 629,134 2,073,126
Employee benefit programs 2,223,593 5,135,196
Net loss, noncapital assets 9,373 83,624
Other deductions 12,715,366 28,017,706
Total receipts less total 9,318,993 27,701,096
deductions
Net income (less deficit)
from a trade or
business 9,294,785 27,556,943
Net income 10,458,409 33,057,590
Deficit 1,163,624 5,500,647
Portfolio income (less deficit)
distributed to
shareholders 767,356 7,799,415
Dividend income 32,878 183,232
Interest income 304,923 1,349,308
Royalty income (*)2,151 68,151
Net short-term capital gain
(less loss) 1,915 -11,260
Net long-term capital gain
(less loss) 425,072 6,207,247
Other portfolio income 416 2,737
(net)
Real estate rental net income
(less deficit) 17,601 137,236
Net income 22,650 154,771
Deficit 5,049 17,535
Net income (less deficit)
from other rental
activity 4,640 74,317
Net income 4,736 79,092
Deficit 96 4,775
Total net income (less deficit) 10,084,382 35,567,911
Net income 11,180,879 40,422,970
Deficit 1,096,498 4,855,060
Goods production
Manufacturing
Beverage
and Textile
Food tobacco mills and
Item manufac- product textile
turing manufac- product
turing mills
(15) (16) (17)
Number of returns 8,296 1,497 3,535
Number of shareholders 30,010 8,001 8,622
Income and deductions from a
trade or business:
Total receipts(1) 52,269,759 7,786,403 18,039,541
Business receipts 51,629,162 7,668,447 17,675,860
Interest on Government
obligations:
State and local 10,762 2,496 4,526
Net gain, noncapital 83,416 10,883 14,694
assets
Other receipts 546,418 104,577 344,461
Total deductions 50,194,548 7,308,845 17,413,631
Cost of goods sold 38,508,861 4,508,103 13,717,604
Compensation of officers 773,591 141,823 534,733
Salaries and wages 3,154,780 778,868 1,027,312
Repairs 267,007 64,878 63,518
Bad debts 47,394 7,402 64,405
Rent paid on business 577,574 88,854 159,863
property
Taxes paid 656,664 269,928 306,193
Interest paid 464,042 105,378 208,440
Amortization 37,446 22,453 8,090
Depreciation 1,016,694 275,446 354,722
Depletion — 1,001 —
Advertising 959,786 389,324 66,638
Pension, profit-sharing,
stock bonus, and
annuity plans 179,655 29,971 47,869
Employee benefit programs 422,040 95,483 140,367
Net loss, noncapital assets 3,742 (*)523 1,199
Other deductions 3,125,273 529,410 712,678
Total receipts less total 2,075,211 477,558 625,910
deductions
Net income (less deficit)
from a trade or
business 2,064,448 475,062 621,385
Net income 2,374,839 575,415 920,716
Deficit 310,391 100,353 299,332
Portfolio income (less deficit)
distributed to
shareholders 323,576 43,228 110,345
Dividend income 16,849 2,549 5,160
Interest income 113,481 33,926 50,506
Royalty income 2,131 1 1,650
Net short-term capital gain
(less loss) -1,669 -1,391 1,541
Net long-term capital gain
(less loss) 192,612 8,118 51,873
Other portfolio income 172 25 (*)-385
(net)
Real estate rental net income
(less deficit) 13,074 6,702 2,993
Net income 14,071 7,019 3,134
Deficit 997 317 141
Net income (less deficit)
from other rental
activity 2,119 (*)5,881 (*)3,766
Net income 2,228 (*)6,743 (*)3,767
Deficit 109 862 (*)1
Total net income (less deficit) 2,403,218 530,874 738,490
Net income 2,694,253 626,628 1,019,105
Deficit 291,038 95,754 280,615
Goods production
Manufacturing
Leather
and Wood
Apparel allied product
Item manufac- product manufac-
turing manufac- turing
turing
(18) (19) (20)
Number of returns 8,197 1,126 6,326
Number of shareholders 15,326 1,863 14,565
Income and deductions from a
trade or business:
Total receipts(1) 25,865,697 2,330,300 26,628,855
Business receipts 25,489,970 2,329,340 26,357,318
Interest on Government
obligations:
State and local 4,401 (*)627 3,493
Net gain, noncapital 36,393 303 43,328
assets
Other receipts 334,932 30 224,717
Total deductions 25,160,665 2,241,356 25,415,854
Cost of goods sold 18,448,548 1,572,400 20,221,821
Compensation of officers 800,020 80,173 497,350
Salaries and wages 2,185,648 206,268 1,230,687
Repairs 55,402 6,022 126,796
Bad debts 42,599 5,873 29,955
Rent paid on business 377,455 30,104 188,911
property
Taxes paid 483,803 47,286 490,011
Interest paid 401,909 41,525 338,722
Amortization 9,993 865 18,167
Depreciation 301,217 27,809 640,844
Depletion — — 137,462
Advertising 246,253 39,638 124,589
Pension, profit-sharing,
stock bonus, and
annuity plans 62,117 4,194 95,083
Employee benefit programs 178,036 27,732 222,422
Net loss, noncapital assets 9,907 3 7,032
Other deductions 1,557,760 151,464 1,046,002
Total receipts less total 705,031 88,945 1,213,001
deductions
Net income (less deficit)
from a trade or
business 700,631 88,318 1,209,508
Net income 1,134,409 137,400 1,557,661
Deficit 433,778 49,083 348,153
Portfolio income (less deficit)
distributed to
shareholders 321,942 9,184 187,223
Dividend income 8,771 2,399 3,248
Interest income 41,883 5,363 71,093
Royalty income 12,324 27 (*)80
Net short-term capital gain
(less loss) 1,516 39 -295
Net long-term capital gain
(less loss) 257,078 1,356 112,799
Other portfolio income 369 — 298
(net)
Real estate rental net income
(less deficit) 8,747 (*)2,263 11,129
Net income 9,886 (*)2,273 11,695
Deficit (*)1,139 9 566
Net income (less deficit)
from other rental
activity 1,639 2 3,912
Net income 1,639 2 4,070
Deficit — — 158
Total net income (less deficit) 1,032,958 99,767 1,411,773
Net income 1,438,506 145,165 1,729,712
Deficit 405,548 45,398 317,939
Goods production
Manufacturing
Printing Petroleum
Paper and and coal
Item manufac- related products
turing support manufac-
activities turing
(21) (22) (23)
Number of returns 1,568 18,365 624
Number of shareholders 5,577 31,924 1,019
Income and deductions from a
trade or business:
Total receipts(1) 16,984,622 28,457,999 4,382,189
Business receipts 16,833,858 28,222,618 4,282,063
Interest on Government
obligations:
State and local 11,952 5,839 (*)387
Net gain, noncapital 43,102 75,954 34,924
assets
Other receipts 95,710 153,588 64,815
Total deductions 16,429,767 26,948,148 4,153,836
Cost of goods sold 12,092,293 16,674,251 3,226,610
Compensation of officers 418,800 1,350,488 89,036
Salaries and wages 1,221,152 2,809,918 239,554
Repairs 91,762 197,460 42,575
Bad debts 26,836 86,362 13,057
Rent paid on business 240,116 675,325 45,633
property
Taxes paid 318,601 748,630 62,108
Interest paid 261,057 396,629 55,020
Amortization 14,926 42,132 5,127
Depreciation 638,156 1,043,556 115,869
Depletion (*)327 — 1,049
Advertising 52,779 253,622 19,608
Pension, profit-sharing,
stock bonus, and
annuity plans 80,972 129,163 13,501
Employee benefit programs 162,343 313,688 30,003
Net loss, noncapital assets 1,808 26,951 1
Other deductions 807,840 2,199,972 195,087
Total receipts less total 554,855 1,509,851 228,353
deductions
Net income (less deficit)
from a trade or
business 542,903 1,504,012 227,966
Net income 915,470 1,895,057 275,918
Deficit 372,568 391,045 (*)47,952
Portfolio income (less deficit)
distributed to
shareholders 245,078 631,462 67,059
Dividend income 14,636 8,489 1,090
Interest income 48,360 85,115 7,216
Royalty income 5,719 63 —
Net short-term capital gain
(less loss) 1,320 1,665 (*)1,225
Net long-term capital gain
(less loss) 174,951 535,444 57,528
Other portfolio income 91 686 —
(net)
Real estate rental net income
(less deficit) 208 -2,314 813
Net income 2,012 3,353 813
Deficit 1,804 5,667 —
Net income (less deficit)
from other rental
activity 838 (*)4,470 (*)237
Net income (*)1,208 (*)4,679 (*)237
Deficit (*)370 (*)209 —
Total net income (less deficit) 789,027 2,137,630 296,076
Net income 1,070,824 2,485,772 342,692
Deficit 281,797 348,142 (*)46,616
Goods production
Manufacturing
Non-
Plastics metallic
Chemical and rubber mineral
Item manufac- products products
turing manufac- manufac-
turing turing
(24) (25) (26)
Number of returns 4,633 7,043 5,675
Number of shareholders 15,160 17,663 12,043
Income and deductions from a
trade or business:
Total receipts(1) 16,228,772 31,343,387 15,283,161
Business receipts 15,942,628 31,040,548 15,144,223
Interest on Government
obligations:
State and local 4,336 13,542 3,844
Net gain, noncapital 36,309 82,689 36,001
assets
Other receipts 245,500 206,608 99,093
Total deductions 15,137,146 29,092,282 14,324,520
Cost of goods sold 9,648,705 21,125,203 9,638,635
Compensation of officers 539,017 1,057,540 456,163
Salaries and wages 1,516,041 1,943,417 1,203,282
Repairs 118,265 139,095 140,264
Bad debts 44,499 47,263 39,592
Rent paid on business 242,644 331,312 296,089
property
Taxes paid 314,642 633,682 404,425
Interest paid 191,919 395,383 174,532
Amortization 40,816 25,784 14,788
Depreciation 409,649 1,042,977 559,681
Depletion 1,264 1,040 10,137
Advertising 265,388 178,285 138,834
Pension, profit-sharing,
stock bonus, and
annuity plans 76,197 133,489 73,431
Employee benefit programs 170,840 373,440 169,648
Net loss, noncapital assets 1,159 5,855 (*)509
Other deductions 1,556,102 1,658,516 1,004,508
Total receipts less total 1,091,627 2,251,105 958,641
deductions
Net income (less deficit)
from a trade or
business 1,087,291 2,237,563 954,797
Net income 1,334,063 2,455,844 1,158,665
Deficit 246,772 218,281 203,868
Portfolio income (less deficit)
distributed to
shareholders 1,696,699 201,245 65,279
Dividend income 16,261 9,594 2,182
Interest income 62,824 75,379 47,314
Royalty income 5,496 3,735 404
Net short-term capital gain
(less loss) -24,132 -178 572
Net long-term capital gain
(less loss) 1,636,105 112,638 14,757
Other portfolio income (*)145 (*)76 50
(net)
Real estate rental net income
(less deficit) 2,585 7,368 9,713
Net income 2,747 7,882 9,836
Deficit 161 515 122
Net income (less deficit)
from other rental
activity 2,449 1,145 (*)526
Net income 2,657 1,491 (*)604
Deficit 209 346 (*)78
Total net income (less deficit) 2,789,023 2,447,320 1,030,315
Net income 2,974,295 2,644,113 1,215,719
Deficit 185,272 196,792 185,404
Goods production
Manufacturing
Fabricated
Primary metal
Item metal products Machinery
manufac- manufac- manufac-
turing turing turing
(27) (28) (29)
Number of returns 3,232 22,590 10,394
Number of shareholders 8,672 50,694 24,698
Income and deductions from a
trade or business:
Total receipts(1) 23,411,433 73,728,918 28,591,350
Business receipts 23,245,394 73,026,876 28,345,820
Interest on Government
obligations:
State and local 1,810 26,939 13,855
Net gain, noncapital 28,304 195,149 45,000
assets
Other receipts 135,925 479,954 186,675
Total deductions 22,610,533 68,107,646 26,499,982
Cost of goods sold 18,959,667 48,447,252 18,625,272
Compensation of officers 362,762 3,127,747 1,125,048
Salaries and wages 851,320 4,936,366 2,122,771
Repairs 115,690 326,756 108,583
Bad debts 20,482 139,090 32,643
Rent paid on business 113,475 979,077 340,777
property
Taxes paid 323,143 1,728,647 654,806
Interest paid 219,676 848,345 352,441
Amortization 11,424 53,490 21,306
Depreciation 461,468 2,187,640 683,171
Depletion — — —
Advertising 26,174 370,392 210,729
Pension, profit-sharing,
stock bonus, and
annuity plans 84,562 431,582 182,655
Employee benefit programs 200,098 984,818 423,058
Net loss, noncapital assets 1,326 11,407 649
Other deductions 859,267 3,535,038 1,616,075
Total receipts less total 800,900 5,621,272 2,091,368
deductions
Net income (less deficit)
from a trade or
business 799,090 5,594,333 2,077,513
Net income 946,443 6,270,142 2,341,951
Deficit 147,353 675,810 264,438
Portfolio income (less deficit)
distributed to
shareholders 83,268 1,283,177 498,515
Dividend income 4,506 32,154 11,377
Interest income 45,149 220,626 106,169
Royalty income 346 2,988 11,978
Net short-term capital gain
(less loss) 2,527 1,745 346
Net long-term capital gain
(less loss) 30,814 1,025,411 368,617
Other portfolio income -75 253 29
(net)
Real estate rental net income
(less deficit) 6,708 34,596 8,244
Net income 6,762 35,666 8,850
Deficit 54 1,071 606
Net income (less deficit)
from other rental
activity 2,997 15,524 14,488
Net income (*)3,518 16,457 14,797
Deficit 521 (*)933 309
Total net income (less deficit) 892,063 6,927,630 2,598,760
Net income 1,029,135 7,518,133 2,836,414
Deficit 137,072 590,504 237,654
Goods production
Manufacturing
Electrical
Computer equipment, Transpor-
and appliance, tation
Item electronic and equipment
products component manufac-
manufac- manufac- turing
turing turing
(30) (31) (32)
Number of returns 6,548 5,909 4,811
Number of shareholders 14,309 11,924 9,467
Income and deductions from a
trade or business:
Total receipts(1) 20,428,522 19,049,651 25,270,072
Business receipts 20,331,393 18,914,942 25,020,470
Interest on Government
obligations:
State and local 6,369 7,098 11,179
Net gain, noncapital 15,921 13,611 67,299
assets
Other receipts 74,839 114,000 171,123
Total deductions 19,043,719 17,817,172 23,673,072
Cost of goods sold 13,654,474 12,454,497 18,762,519
Compensation of officers 643,410 534,137 416,567
Salaries and wages 1,833,603 1,739,989 1,386,975
Repairs 56,281 76,553 75,073
Bad debts 27,528 29,551 20,457
Rent paid on business 238,230 201,145 203,389
property
Taxes paid 344,872 359,235 463,985
Interest paid 166,921 184,733 235,493
Amortization 17,252 16,641 19,086
Depreciation 381,029 361,898 466,701
Depletion 106 57 —
Advertising 211,751 237,083 131,161
Pension, profit-sharing,
stock bonus, and
annuity plans 94,358 87,018 77,312
Employee benefit programs 143,817 225,614 297,610
Net loss, noncapital assets 5,860 1,878 1,500
Other deductions 1,224,227 1,307,142 1,115,243
Total receipts less total 1,384,803 1,232,479 1,597,000
deductions
Net income (less deficit)
from a trade or
business 1,378,435 1,225,382 1,585,821
Net income 1,668,006 1,477,438 1,833,849
Deficit 289,572 252,056 248,029
Portfolio income (less deficit)
distributed to
shareholders 403,275 138,595 829,836
Dividend income 8,456 6,230 10,715
Interest income 59,424 50,771 90,248
Royalty income 3,268 5,154 4,760
Net short-term capital gain
(less loss) 307 12,623 -777
Net long-term capital gain
(less loss) 331,397 63,830 724,880
Other portfolio income (*)423 -13 11
(net)
Real estate rental net income
(less deficit) 2,088 2,820 6,564
Net income 2,088 6,306 7,251
Deficit — (*)3,485 687
Net income (less deficit)
from other rental
activity (*)1,823 2,222 8,022
Net income (*)1,823 2,222 8,547
Deficit (*)1 — 525
Total net income (less deficit) 1,785,620 1,369,018 2,430,243
Net income 2,057,214 1,588,690 2,625,237
Deficit 271,594 219,672 194,994
Goods production
Manufacturing
Furniture
and related Miscellaneous
Item products manufacturing
manufacturing
(33) (34)
Number of returns 6,047 20,201
Number of shareholders 11,687 43,781
Income and deductions from a
trade or business:
Total receipts(1) 14,240,281 37,915,117
Business receipts 14,101,966 37,537,868
Interest on Government
obligations:
State and local 2,962 7,737
Net gain, noncapital
assets 3,462 89,371
Other receipts 131,891 280,142
Total deductions 13,466,338 35,495,875
Cost of goods sold 9,645,740 23,522,345
Compensation of officers 440,220 1,618,806
Salaries and wages 1,102,964 3,589,601
Repairs 54,599 190,758
Bad debts 29,607 80,044
Rent paid on business
property 217,857 590,749
Taxes paid 326,767 800,222
Interest paid 121,673 428,174
Amortization 4,925 82,846
Depreciation 226,864 648,738
Depletion — 632
Advertising 165,695 509,832
Pension, profit-sharing,
stock bonus, and
annuity plans 39,939 150,060
Employee benefit programs 140,164 413,976
Net loss, noncapital assets 804 1,511
Other deductions 948,521 2,867,582
Total receipts less total
deductions 773,944 2,419,242
Net income (less deficit)
from a trade or
business 770,981 2,411,505
Net income 879,740 2,904,562
Deficit -108,758 -493,056
Portfolio income (less deficit)
distributed to
shareholders 29,886 630,544
Dividend income 1,670 16,895
Interest income 29,445 105,016
Royalty income 35 7,992
Net short-term capital gain
(less loss) (*)-3,938 -4,305
Net long-term capital gain
(less loss) 2,101 504,938
Other portfolio income
(net) 574 8
Real estate rental net income
(less deficit) 1,611 11,321
Net income 1,611 11,515
Deficit — 194
Net income (less deficit)
from other rental
activity — 2,256
Net income — 2,401
Deficit — 145
Total net income (less deficit) 802,479 3,055,626
Net income 908,351 3,473,012
Deficit 105,872 417,385
Distribution and
transportation of goods
Wholesale and
retal trade
Item Total Total
(35) (36)
Number of returns 566,076 484,772
Number of shareholders 1,030,083 894,361
Income and deductions from a
trade or business:
Total receipts(1) 1,376,793,674 1,290,432,025
Business receipts 1,359,639,369 1,274,948,656
Interest on Government
obligations:
State and local 162,686 149,304
Net gain, noncapital
assets 2,107,149 1,247,392
Other receipts 14,884,471 14,086,673
Total deductions 1,344,071,813 1,260,741,913
Cost of goods sold 1,044,645,203 1,009,807,841
Compensation of officers 26,404,681 23,807,555
Salaries and wages 98,501,831 86,715,505
Repairs 6,489,764 4,728,247
Bad debts 2,216,029 2,038,043
Rent paid on business
property 25,304,014 20,041,095
Taxes paid 19,089,884 16,242,717
Interest paid 10,970,296 9,711,579
Amortization 838,966 772,287
Depreciation 14,064,554 9,770,114
Depletion 20,687 20,277
Advertising 12,698,473 12,410,876
Pension, profit-sharing,
stock bonus, and
annuity plans 2,382,326 2,115,608
Employee benefit programs 6,022,250 5,066,037
Net loss, noncapital assets 99,848 84,612
Other deductions 74,323,005 57,409,519
Total receipts less total
deductions 32,721,862 29,690,112
Net income (less deficit)
from a trade or
business 32,559,176 29,540,808
Net income 42,242,643 37,628,641
Deficit -9,683,467 -8,087,833
Portfolio income (less deficit)
distributed to
shareholders 8,620,573 8,163,305
Dividend income 239,631 213,780
Interest income 2,144,944 1,930,422
Royalty income 135,335 134,616
Net short-term capital gain
(less loss) 43,452 23,495
Net long-term capital gain
(less loss) 6,046,682 5,851,870
Other portfolio income
(net) 10,528 9,121
Real estate rental net income
(less deficit) 402,120 357,099
Net income 447,849 396,456
Deficit 45,729 39,357
Net income (less deficit)
from other rental
activity 184,433 142,750
Net income 231,335 155,584
Deficit 46,902 12,834
Total net income (less deficit) 41,766,302 38,203,962
Net income 50,348,270 45,219,674
Deficit 8,581,968 7,015,712
Distribution and
transportation of goods
Wholesale and retal trade
Wholesale trade
Item Total Durable goods
(37) (38)
Number of returns 147,102 86,338
Number of shareholders 288,210 171,111
Income and deductions from a
trade or business:
Total receipts(1) 542,436,210 260,541,519
Business receipts 537,166,311 257,758,166
Interest on Government
obligations:
State and local 95,740 40,194
Net gain, noncapital
assets 658,093 304,934
Other receipts 4,516,066 2,438,225
Total deductions 526,356,182 250,634,402
Cost of goods sold 425,435,868 196,992,291
Compensation of officers 11,744,718 6,700,262
Salaries and wages 34,547,175 18,954,502
Repairs 1,852,875 854,629
Bad debts 1,115,998 664,944
Rent paid on business
property 5,961,435 3,137,671
Taxes paid 6,936,447 2,841,933
Interest paid 4,177,183 2,251,039
Amortization 306,044 92,145
Depreciation 4,123,086 2,291,042
Depletion 7,435 (*)5,825
Advertising 2,828,466 1,507,921
Pension, profit-sharing,
stock bonus, and
annuity plans 1,242,784 748,380
Employee benefit programs 2,138,019 1,227,385
Net loss, noncapital assets 23,547 9,966
Other deductions 23,915,103 12,354,467
Total receipts less total
deductions 16,080,029 9,907,117
Net income (less deficit)
from a trade or
business 15,984,289 9,866,923
Net income 19,104,710 11,545,461
Deficit -3,120,421 -1,678,538
Portfolio income (less deficit)
distributed to
shareholders 4,064,069 1,860,891
Dividend income 112,682 59,140
Interest income 902,220 493,546
Royalty income 86,968 34,939
Net short-term capital gain
(less loss) -2,447 -4,483
Net long-term capital gain
(less loss) 2,958,359 1 272,005
Other portfolio income
(net) 6,287 5,745
Real estate rental net income
(less deficit) 159,513 62,344
Net income 177,580 68,285
Deficit 18,067 5,941
Net income (less deficit)
from other rental
activity 75,329 62,903
Net income 83,758 70,745
Deficit 8,430 (*)7,842
Total net income (less deficit) 20,283,199 11,853,062
Net income 22,842,215 13,293,776
Deficit 2,559,016 1,440,715
Distribution and
transportation of goods
Wholesale and retal trade
Wholesale Retail
trade trade
Nondurable
Item goods Total
(39) (40)
Number of returns 60,764 337,251
Number of shareholders 117,099 605,636
Income and deductions from a
trade or business:
Total receipts(1) 281,894,691 747,355,429
Business receipts 279,408,146 737,155,889
Interest on Government
obligations:
State and local 55,546 53,564
Net gain, noncapital
assets 353,158 583,634
Other receipts 2,077,841 9,562,342
Total deductions 275,721,780 733,755,764
Cost of goods sold 228,443,576 583,926,784
Compensation of officers 5,044,456 12,059,353
Salaries and wages 15,592,674 52,130,407
Repairs 998,246 2,871,446
Bad debts 451,054 921,352
Rent paid on business
property 2,823,764 14,068,358
Taxes paid 4,094,514 9,299,312
Interest paid 1,926,144 5,522,920
Amortization 213,899 465,050
Depreciation 1,832,044 5,639,210
Depletion 1,609 12,842
Advertising 1,320,544 9,569,896
Pension, profit-sharing,
stock bonus, and
annuity plans 494,404 872,612
Employee benefit programs 910,634 2,919,127
Net loss, noncapital assets 13,581 61,066
Other deductions 11,560,636 33,416,028
Total receipts less total
deductions 6,172,911 13,599,665
Net income (less deficit)
from a trade or
business 6,117,366 13,546,101
Net income 7,559,249 18,504,047
Deficit -1,441,883 -4,957,945
Portfolio income (less deficit)
distributed to
shareholders 2,203,177 4,095,128
Dividend income 53,542 101,065
Interest income 408,674 1,024,559
Royalty income 52,029 47,649
Net short-term capital gain
(less loss) 2,036 25,801
Net long-term capital gain
(less loss) 1,686,354 2,893,221
Other portfolio income
(net) 542 2,834
Real estate rental net income
(less deficit) 97,169 196,838
Net income 109,294 218,128
Deficit 12,125 21,290
Net income (less deficit)
from other rental
activity 12,425 67,491
Net income 13,013 71,826
Deficit (*)588 4,335
Total net income (less deficit) 8,430,137 17,905,559
Net income 9,548,439 22,355,608
Deficit 1,118,302 4,450,049
Distribution and
transportation of goods
Wholesale and retal trade
Retail trade
Motor Furniture Elec-
vehicle and and home tronics
Item parts fur- and
dealers nishings appliance
(41) (42) (43)
Number of returns 46,613 18,305 17,299
Number of shareholders 82,834 34,078 31,112
Income and deductions from a
trade or business:
Total receipts(1) 386,117,380 28,904,837 23,650,470
Business receipts 380,210,138 28,574,444 23,315,889
Interest on Government
obligations:
State and local 12,453 4,996 4,588
Net gain, noncapital
assets 233,819 3,459 20,604
Other receipts 5,660,970 321,938 309,388
Total deductions 381,767,627 27,858,903 22,879,180
Cost of goods sold 332,584,168 17,822,948 17,003,037
Compensation of officers 3,574,467 869,972 578,058
Salaries and wages 18,523,185 3,223,303 2,293,175
Repairs 846,213 171,504 63,015
Bad debts 294,692 67,776 38,497
Rent paid on business
property 3,443,403 1,249,259 476,833
Taxes paid 3,079,038 594,475 364,477
Interest paid 2,713,720 185,569 113,663
Amortization 97,271 14,301 15,315
Depreciation 1,611,702 220,795 173,234
Depletion (*)2,683 — (*)114
Advertising 3,832,993 1,091,730 303,111
Pension, profit-sharing,
stock bonus, and
annuity plans 226,416 67,143 42,084
Employee benefit programs 1,281,032 140,373 79,066
Net loss, noncapital assets 15,714 (*)2,258 (*)1,813
Other deductions 9,640,931 2,137,498 1,333,688
Total receipts less total
deductions 4,349,752 1,045,934 771,290
Net income (less deficit)
from a trade or
business 4,337,299 1,040,938 766,702
Net income 5,625,530 1,241,434 921,755
Deficit 1,288,231 200,496 155,053
Portfolio income (less deficit)
distributed to
shareholders 1,193,582 210,714 489,283
Dividend income 15,416 7,685 3,800
Interest income 426,596 70,474 32,524
Royalty income (*)258 1,218 —
Net short-term capital gain
(less loss) 12,724 -539 12,003
Net long-term capital gain
(less loss) 737,391 131,860 440,956
Other portfolio income
(net) (*)1,196 (*)17 —
Real estate rental net income
(less deficit) 46,931 7,050 2,656
Net income 50,876 7,471 (*)2,753
Deficit 3,945 421 (*)97
Net income (less deficit)
from other rental
activity 26,878 (*)21,757 (*)176
Net income 30,440 (*)21,757 (*)176
Deficit 3,562 — —
Total net income (less deficit) 5,604,691 1,280,460 1,258,817
Net income 6,731,765 1,448,370 1,406,250
Deficit 1,127,074 167,911 147,433
Distribution and
transportation of goods
Wholesale and retal trade
Retail trade
Building
material
and garden Food Health
Item equipment and and
and beverage personal
supplies care
dealers
(44) (45) (46)
Number of returns 19,718 52,362 20,123
Number of shareholders 38,827 96,797 32,803
Income and deductions from a
trade or business:
Total receipts(1) 40,468,336 88,061,217 22,201,818
Business receipts 40,173,943 86,836,893 22,086,417
Interest on Government
obligations:
State and local 1,738 12,876 2,701
Net gain, noncapital
assets 34,247 88,580 14,513
Other receipts 258,408 1,122,868 98,188
Total deductions 39,199,047 86,432,594 21,521,813
Cost of goods sold 28,911,828 64,430,081 14,900,794
Compensation of officers 1,136,379 1,342,429 887,502
Salaries and wages 3,775,598 7,985,809 2,421,769
Repairs 212,262 673,245 67,339
Bad debts 99,294 77,255 49,027
Rent paid on business
property 774,437 2,296,621 618,731
Taxes paid 723,624 1,511,750 347,855
Interest paid 377,392 565,999 114,266
Amortization 15,956 114,279 30,899
Depreciation 436,768 1,034,572 137,363
Depletion 5,606 (*)2,080 —
Advertising 350,659 867,667 349,382
Pension, profit-sharing,
stock bonus, and
annuity plans 104,997 139,308 56,296
Employee benefit programs 211,828 526,519 101,223
Net loss, noncapital assets 1,308 6,674 (*)11,368
Other deductions 2,061,111 4,858,307 1,427,999
Total receipts less total
deductions 1,269,289 1,628,623 680,005
Net income (less deficit)
from a trade or
business 1,267,551 1,615,747 677,304
Net income 1,533,821 2,216,386 954,533
Deficit 266,269 600,640 277,229
Portfolio income (less deficit)
distributed to
shareholders 113,820 373,702 64,955
Dividend income 18,215 18,411 2,876
Interest income 75,400 173,056 26,463
Royalty income 86 1,096 —
Net short-term capital gain
(less loss) 2,230 -703 (*)-523
Net long-term capital gain
(less loss) 17,889 181,710 36,139
Other portfolio income
(net) — (*)133 —
Real estate rental net income
(less deficit) 8,369 48,876 (*)6,813
Net income 9,156 51,061 (*)7,219
Deficit (*)788 (*)2,185 (*)406
Net income (less deficit)
from other rental
activity 1,994 (*)1,232 10
Net income 2,546 (*)1,232 10
Deficit 552 — —
Total net income (less deficit) 1,391,733 2,039,557 749,082
Net income 1,643,728 2,582,057 1,018,951
Deficit 251,995 542,500 269,869
Distribution and
transportation of goods
Wholesale and retal trade
Retail trade
Clothing Sporting
and goods,
Item Gasoline clothing hobby,
stations acces- book,
sories and music
(47) (48) (49)
Number of returns 20,221 27,995 20,180
Number of shareholders 36,978 48,039 42,721
Income and deductions from a
trade or business:
Total receipts(1) 49,723,094 17,062,667 12,656,088
Business receipts 49,374,589 16,929,749 12,423,941
Interest on Government
obligations:
State and local 1,012 2,979 (*)458
Net gain, noncapital
assets 8,596 8,996 38,719
Other receipts 338,897 120,943 192,971
Total deductions 49,234,795 16,624,960 12,385,861
Cost of goods sold 41,233,925 10,241,150 7,848,822
Compensation of officers 408,322 598,332 354,053
Salaries and wages 2,642,986 1,929,698 1,296,503
Repairs 274,317 69,906 62,099
Bad debts 20,574 45,296 22,104
Rent paid on business
property 845,541 1,053,002 679,065
Taxes paid 654,719 358,801 240,885
Interest paid 359,640 158,925 138,283
Amortization 63,363 15,196 10,372
Depreciation 674,718 147,452 168,442
Depletion — (*)2,360 —
Advertising 104,450 436,551 241,845
Pension, profit-sharing,
stock bonus, and
annuity plans 24,790 40,588 15,828
Employee benefit programs 89,944 68,949 51,116
Net loss, noncapital assets 2,973 7,538 (*)9,360
Other deductions 1,834,533 1,451,214 1,247,084
Total receipts less total
deductions 488,298 437,707 270,227
Net income (less deficit)
from a trade or
business 487,287 434,728 269,769
Net income 800,103 784,956 547,395
Deficit 312,817 350,227 277,626
Portfolio income (less deficit)
distributed to
shareholders 281,489 125,505 669,963
Dividend income 2,188 2,430 3,693
Interest income 60,035 22,012 12,798
Royalty income 373 4,463 1,152
Net short-term capital gain
(less loss) -711 -691 (*)-456
Net long-term capital gain
(less loss) 219,512 97,291 652,776
Other portfolio income
(net) (*)91 — —
Real estate rental net income
(less deficit) 24,745 2,144 (*)-284
Net income 25,651 2,269 (*)844
Deficit (*)906 124 (*)1,127
Net income (less deficit)
from other rental
activity 6,371 (*)51 (*)36
Net income 6,371 (*)225 (*)59
Deficit — (*)174 (*)22
Total net income (less deficit) 799,891 562,429 939,485
Net income 1,083,250 876,479 1,181,648
Deficit 283,359 314,050 242,163
Distribution and
transportation of goods
Wholesale and retal trade
Retail trade
Miscel-
General laneous Nonstore
Item merchandise store retailers
retailers
(50) (51) (52)
Number of returns 7,823 64,065 22,547
Number of shareholders 13,741 110,085 37,620
Income and deductions from a
trade or business:
Total receipts(1) 8,844,342 46,315,298 23,349,882
Business receipts 8,723,975 45,551,871 22,954,038
Interest on Government
obligations:
State and local (*)1,206 4,500 4,057
Net gain, noncapital
assets 6,664 75,067 50,372
Other receipts 112,497 683,860 341,415
Total deductions 8,647,066 44,703,049 22,500,868
Cost of goods sold 5,776,231 29,809,193 13,364,608
Compensation of officers 171,565 1,550,203 588,073
Salaries and wages 1,048,014 4,546,885 2,443,482
Repairs 50,791 244,378 136,377
Bad debts 14,284 55,815 136,738
Rent paid on business
property 382,608 1,857,186 391,673
Taxes paid 171,680 826,262 425,746
Interest paid 86,143 496,980 212,340
Amortization 6,904 43,613 37,583
Depreciation 90,218 543,519 400,425
Depletion — — —
Advertising 216,889 588,103 1,186,517
Pension, profit-sharing,
stock bonus, and
annuity plans 12,282 69,040 73,838
Employee benefit programs 35,062 178,845 155,169
Net loss, noncapital assets (*)381 1,220 458
Other deductions 584,013 3,891,807 2,947,841
Total receipts less total
deductions 197,276 1,612,248 849,015
Net income (less deficit)
from a trade or
business 196,070 1,607,749 844,958
Net income 351,692 2,226,504 1,299,937
Deficit 155,622 618,755 454,979
Portfolio income (less deficit)
distributed to
shareholders 14,679 257,926 299,510
Dividend income 1,045 22,145 3,159
Interest income 10,485 62,497 52,220
Royalty income — (*)33,588 5,415
Net short-term capital gain
(less loss) 2,512 639 (*)-684
Net long-term capital gain
(less loss) (*)637 137,732 239,327
Other portfolio income
(net) — (*)1,324 73
Real estate rental net income
(less deficit) 5,500 30,545 13,493
Net income 8,216 37,779 14,834
Deficit (*)2,716 7,234 1,341
Net income (less deficit)
from other rental
activity 69 3,056 (*)5,861
Net income 69 3,056 (*)5,885
Deficit — — 24
Total net income (less deficit) 216,318 1,899,276 1,163,821
Net income 364,827 2,444,797 1,573,486
Deficit 148,509 545,521 409,665
Distribution and
transportation of goods
Wholesale
and retal Transportation
trade and warehousing
Wholesale Air, rail
and retail and water
Item trade not Total transpor-
allocable tation
(53) (54) (55)
Number of returns 419 81,305 5,993
Number of shareholders 515 135,722 7,971
Income and deductions from a
trade or business:
Total receipts(1) 640,386 86,361,649 7,370,140
Business receipts 626,456 84,690,713 6,970,718
Interest on Government
obligations:
State and local — 13,382 1,606
Net gain, noncapital
assets (*)5,665 859,757 305,959
Other receipts 8,264 797,798 91,857
Total deductions 629,968 83,329,900 7,283,688
Cost of goods sold 445,190 34,837,361 3,302,407
Compensation of officers (*)3,484 2,597,126 101,367
Salaries and wages 37,922 11,786,327 786,517
Repairs 3,926 1,761,517 328,868
Bad debts 693 177,986 19,696
Rent paid on business
property 11,302 5,262,919 285,016
Taxes paid 6,959 2,847,167 149,175
Interest paid 11,476 1,258,717 241,293
Amortization (*)1,193 66,679 14,011
Depreciation 7,818 4,294,441 704,620
Depletion — 410 —
Advertising 12,515 287,597 32,570
Pension, profit-sharing,
stock bonus, and
annuity plans 212 266,717 22,533
Employee benefit programs (*)8,891 956,213 65,141
Net loss, noncapital assets — 15,236 (*)9,562
Other deductions 78,388 16,913,486 1,220,911
Total receipts less total
deductions 10,418 3,031,750 86,452
Net income (less deficit)
from a trade or
business 10,418 3,018,368 84,846
Net income (*)19,884 4,614,002 594,504
Deficit 9,466 1,595,635 509,658
Portfolio income (less deficit)
distributed to
shareholders 4,108 457,268 80,057
Dividend income 34 25,851 6,847
Interest income 3,643 214,523 50,929
Royalty income — 719 711
Net short-term capital gain
(less loss) (*)142 19,957 (*)18,433
Net long-term capital gain
(less loss) 290 194,812 3,117
Other portfolio income
(net) — 1,407 (*)19
Real estate rental net income
(less deficit) (*)748 45,021 3,413
Net income (*)748 51,394 3,429
Deficit — 6,372 16
Net income (less deficit)
from other rental
activity -70 41,683 23,961
Net income — 75,751 54,864
Deficit 70 34,069 30,903
Total net income (less deficit) 15,204 3,562,340 192,277
Net income 21,851 5,128,596 729,607
Deficit 6,647 1,566,256 537,330
Distribution and
transportation of goods
Transportation and warehousing
Transit
and
Truck ground Pipeline
Item transpor- passenger transpor-
tation transpor- tation
tation
(56) (57) (58)
Number of returns 40,805 8,049 (*)47
Number of shareholders 70,300 10,642 (*)81
Income and deductions from a
trade or business:
Total receipts(1) 46,140,674 4,374,613 (*)361,452
Business receipts 45,329,515 4,319,619 (*)354,051
Interest on Government
obligations:
State and local 6,104 (*)53 (*)82
Net gain, noncapital
assets 472,036 21,102 (*)20
Other receipts 333,019 33,840 (*)7,300
Total deductions 44,387,330 4,265,571 (*)344,978
Cost of goods sold 14,651,548 1,196,924 (*)245,282
Compensation of officers 1,325,883 183,164 (*)3,980
Salaries and wages 7,480,965 851,111 (*)4,540
Repairs 1,128,410 111,045 (*)167
Bad debts 72,009 5,477 —
Rent paid on business
property 3,550,007 239,967 (*)2,525
Taxes paid 1,951,473 194,007 (*)2,060
Interest paid 644,648 114,740 (*)5,100
Amortization 29,559 6,782 (*)3,379
Depreciation 2,653,045 311,448 (*)8,630
Depletion 104 306 —
Advertising 118,939 23,877 (*)27
Pension, profit-sharing,
stock bonus, and
annuity plans 139,324 25,816 —
Employee benefit programs 629,312 75,643 —
Net loss, noncapital assets (*)2,715 1,328 —
Other deductions 10,009,391 923,935 (*)69,287
Total receipts less total
deductions 1,753,344 109,042 (*)16,475
Net income (less deficit)
from a trade or
business 1,747,240 108,990 (*)16,392
Net income 2,300,578 197,089 (*)18,521
Deficit 553,338 -88,099 (*)2,129
Portfolio income (less deficit)
distributed to
shareholders 209,075 31,007 (*)2,625
Dividend income 7,906 2,140 (*)5
Interest income 74,003 12,437 (*)1,594
Royalty income 6 — —
Net short-term capital gain
(less loss) -1,434 (*)213 —
Net long-term capital gain
(less loss) 127,733 15,739 (*)1,025
Other portfolio income
(net) 861 (*)479 —
Real estate rental net income
(less deficit) 12,744 441 —
Net income 13,274 485 —
Deficit 531 44 —
Net income (less deficit)
from other rental
activity 2,924 (*)5,564 (*)10
Net income 4,410 (*)5,695 (*)10
Deficit 1,486 130 —
Total net income (less deficit) 1,971,982 146,002 (*)19,027
Net income 2,507,678 228,111 (*)20,925
Deficit 535,696 82,109 (*)1,898
Distribution and Infor-
transportation of goods mation
Transportation
and warehousing
Other
transpor
tation- Warehousing
Item and and Total
support storage
activities
(59) (60) (61)
Number of returns 22,794 3,615 56,082
Number of shareholders 37,597 9,131 115,281
Income and deductions from a
trade or business:
Total receipts(1) 22,999,931 5,114,837 49,122,624
Business receipts 22,755,399 4,961,410 47,432,591
Interest on Government
obligations:
State and local 3,401 2,136 44,864
Net gain, noncapital
assets 33,437 27,203 285,766
Other receipts 207,694 124,089 1,359,403
Total deductions 22,228,138 4,820,194 46,303,600
Cost of goods sold 13,560,483 1,880,717 17,467,930
Compensation of officers 841,393 141,339 3,450,718
Salaries and wages 1,820,597 842,596 7,999,677
Repairs 129,157 63,869 325,619
Bad debts 68,003 12,801 250,623
Rent paid on business
property 544,596 640,809 1,163,323
Taxes paid 369,520 180,933 1,296,916
Interest paid 155,197 97,740 831,543
Amortization 9,371 3,577 551,726
Depreciation 466,443 150,255 1,467,497
Depletion — — —
Advertising 102,263 9,921 881,772
Pension, profit-sharing,
stock bonus, and
annuity plans 42,219 36,824 413,848
Employee benefit programs 108,160 77,958 408,012
Net loss, noncapital assets (*)989 (*)642 9,951
Other deductions 4,009,748 680,215 9,784,443
Total receipts less total
deductions 771,793 294,643 2,819,024
Net income (less deficit)
from a trade or
business 768,392 292,507 2,774,160
Net income 1,113,815 389,495 5,549,495
Deficit -345,423 -96,988 -2,775,335
Portfolio income (less deficit)
distributed to
shareholders 59,613 74,892 2,628,957
Dividend income 6,797 2,156 65,654
Interest income 42,735 32,824 340,512
Royalty income — 2 15,872
Net short-term capital gain
(less loss) 2,177 568 -49,504
Net long-term capital gain
(less loss) 7,861 39,336 2,248,352
Other portfolio income
(net) 43 5 8,071
Real estate rental net income
(less deficit) -559 28,982 53,534
Net income 5,204 29,001 54,347
Deficit (*)5,763 19 813
Net income (less deficit)
from other rental
activity 6,404 (*)2,819 8,542
Net income 7,845 (*)2,928 8,703
Deficit 1,441 109 (*)161
Total net income (less deficit) 833,851 399,200 5,465,193
Net income 1,162,119 480,156 7,853,348
Deficit 328,268 80,956 2,388,155
Information
Motion Broad-
picture casting
Item Publishing and sound and
industries recording telecom-
industries munications
(62) (63) (64)
Number of returns 16,724 13,479 17,690
Number of shareholders 34,821 22,131 44,453
Income and deductions from a
trade or business:
Total receipts(1) 20,925,871 8,143,642 15,167,515
Business receipts 20,020,272 7,863,175 15,191,385
Interest on Government
obligations:
State and local 17,297 9,128 16,717
Net gain, noncapital
assets 56,225 2,345 219,771
Other receipts 832,077 268,994 -260,358
Total deductions 19,158,852 7,879,488 14,821,774
Cost of goods sold 7,619,975 2,947,749 5,545,546
Compensation of officers 1,258,295 1,014,137 674,203
Salaries and wages 3,502,975 739,991 2,821,914
Repairs 94,678 63,082 137,996
Bad debts 90,290 14,002 143,725
Rent paid on business
property 411,134 257,045 374,436
Taxes paid 481,877 165,656 495,160
Interest paid 209,565 91,131 463,126
Amortization 137,179 199,057 194,496
Depreciation 363,264 374,983 647,639
Depletion — — —
Advertising 452,274 96,048 278,787
Pension, profit-sharing,
stock bonus, and
annuity plans 242,958 58,365 68,963
Employee benefit programs 243,050 25,803 98,176
Net loss, noncapital assets 412 48 9,431
Other deductions 4,050,926 1,832,391 2,868,177
Total receipts less total
deductions 1,767,019 264,153 345,740
Net income (less deficit)
from a trade or
business 1,749,722 255,025 329,024
Net income 2,299,131 829,642 1,706,892
Deficit -549,410 -574,617 -1,377,868
Portfolio income (less deficit)
distributed to
shareholders 855,916 314,408 1,391,114
Dividend income 36,243 9,264 17,942
Interest income 111,894 51,952 160,700
Royalty income 1,219 61 972
Net short-term capital gain
(less loss) -63,751 15,175 -626
Net long-term capital gain
(less loss) 769,816 235,422 1,207,086
Other portfolio income
(net) (*)496 (*)2,534 5,041
Real estate rental net income
(less deficit) 18,429 18,652 7,958
Net income 18,914 18,661 8,231
Deficit 486 (*)10 273
Net income (less deficit)
from other rental
activity 1,558 (*)1,068 5,700
Net income 1,559 (*)1,128 5,742
Deficit (*)1 (*)60 42
Total net income (less deficit) 2,625,625 589,153 1,733,796
Net income 3,052,501 1,112,039 2,915,131
Deficit 426,876 522,886 1,181,335
Infor- Finance, insurance,
mation real estate, and rental
and leasing
Finance
and
insurance
Infor-
Item mation Total Total
services
(65) (66) (67)
Number of returns 8,189 403,085 102,884
Number of shareholders 13,877 880,071 197,735
Income and deductions from a
trade or business:
Total receipts(1) 4,885,596 122,080,521 64,269,156
Business receipts 4,357,760 113,156,413 58,387,565
Interest on Government
obligations:
State and local 1,722 227,990 185,702
Net gain, noncapital
assets (*)7,425 1,014,444 271,797
Other receipts 518,689 7,681,674 5,424,092
Total deductions 4,443,485 112,009,273 58,241,659
Cost of goods sold 1,354,661 25,010,143 9,094,194
Compensation of officers 504,083 12,747,732 9,336,722
Salaries and wages 934,798 29,377,812 16,248,075
Repairs 29,863 1,099,958 291,299
Bad debts 2,606 830,270 649,778
Rent paid on business
property 120,707 4,028,629 1,730,671
Taxes paid 154,223 3,431,642 1,705,142
Interest paid 67,721 5,565,708 3,860,178
Amortization 20,995 326,929 220,438
Depreciation 81,610 4,129,305 728,561
Depletion — 3,461 (*)1,733
Advertising 54,662 1,836,798 765,989
Pension, profit-sharing,
stock bonus, and
annuity plans 43,563 810,594 547,254
Employee benefit programs 40,984 1,069,414 606,682
Net loss, noncapital assets (*)60 152,101 66,527
Other deductions 1,032,949 21,588,778 12,388,416
Total receipts less total
deductions 442,111 10,071,248 6,027,497
Net income (less deficit)
from a trade or
business 440,390 9,843,257 5,841,795
Net income 713,830 16,302,891 9,538,677
Deficit 273,440 6,459,634 3,696,883
Portfolio income (less deficit)
distributed to
shareholders 67,518 13,255,887 6,003,496
Dividend income 2,205 479,443 296,915
Interest income 15,967 2,804,152 1,414,139
Royalty income 13,620 66,567 7,512
Net short-term capital gain
(less loss) (*)-302 530,430 455,884
Net long-term capital gain
(less loss) (*)36,028 9,294,990 3,781,797
Other portfolio income
(net) — 80,304 47,248
Real estate rental net income
(less deficit) 8,496 3,375,200 5,903
Net income 8,540 5,155,499 69,597
Deficit 45 1,780,299 63,693
Net income (less deficit)
from other rental
activity 216 543,825 5,782
Net income 274 756,960 11,499
Deficit 59 213,135 5,717
Total net income (less deficit) 516,619 27,018,169 11,856,976
Net income 773,677 33,083,696 14,338,159
Deficit 257,058 6,065,527 2,481,183
Finance, insurance, real estate,
and rental and leasing
Finance and insurance
Securites,
commodity
Depository Non- contracts,
credit depository other
Item inter- credit financial
mediation inter- investments
mediation and related
activities
(68) (69) (70)
Number of returns 746 21,525 33,846
Number of shareholders 6,406 38,978 72,137
Income and deductions from a
trade or business:
Total receipts(1) 2,184,749 14,166,876 24,519,052
Business receipts 707,926 12,637,821 22,003,890
Interest on Government
obligations:
State and local 49,348 6,430 115,819
Net gain, noncapital
assets 133,706 108,023 26,398
Other receipts 1,293,769 1,414,603 2,372,945
Total deductions 1,717,965 13,117,712 22,564,117
Cost of goods sold — 2,678,646 2,041,572
Compensation of officers 120,730 751,982 5,359,462
Salaries and wages 225,478 3,579,435 5,803,969
Repairs 16,237 69,492 69,730
Bad debts 43,807 379,864 180,283
Rent paid on business
property 20,717 414,255 563,356
Taxes paid 51,263 402,818 636,499
Interest paid 812,742 1,173,298 1,663,994
Amortization 86,605 42,585 29,793
Depreciation 38,443 175,271 263,366
Depletion 3 (*)1,514 176
Advertising 27,522 353,746 150,508
Pension, profit-sharing,
stock bonus, and
annuity plans 9,600 46,849 278,047
Employee benefit programs 27,703 85,665 188,674
Net loss, noncapital assets 2,654 7,365 54,807
Other deductions 234,461 2,954,927 5,279,882
Total receipts less total
deductions 466,784 1,049,164 1,954,935
Net income (less deficit)
from a trade or
business 417,437 1,042,734 1,839,115
Net income 459,404 1,885,013 4,436,421
Deficit 41,967 842,279 2,597,305
Portfolio income (less deficit)
distributed to
shareholders 32,815 767,641 4,433,628
Dividend income 1,998 4,533 230,401
Interest income 20,577 249,414 940,412
Royalty income 67 (*)186 7,256
Net short-term capital gain
(less loss) -35 6,161 438,631
Net long-term capital gain
(less loss) 10,204 507,177 2,774,448
Other portfolio income
(net) 3 171 42,480
Real estate rental net income
(less deficit) 4,442 -7,318 3,245
Net income 6,110 11,544 45,056
Deficit 1,668 18,863 41,812
Net income (less deficit)
from other rental
activity -359 -317 8,206
Net income 140 1,057 9,389
Deficit 499 (*)1,374 1,182
Total net income (less deficit) 454,335 1,802,740 6,284,195
Net income 490,992 2,543,805 7,826,993
Deficit 36,657 741,065 1,542,798
Finance, insurance, real estate,
and rental and leasing
Real
estate and
Finance and insurance rental and
leasing
Insurance Funds,
carriers trusts,
Item and and other Total
related financial
activities vehicles
(71) (72) (73)
Number of returns 45,777 990 300,201
Number of shareholders 77,876 2,337 682,336
Income and deductions from a
trade or business:
Total receipts(1) 23,023,819 374,661 57,811,365
Business receipts 22,728,460 309,467 54,768,849
Interest on Government
obligations:
State and local 12,159 1,946 42,288
Net gain, noncapital
assets 3,624 47 742,647
Other receipts 279,575 63,201 2,257,581
Total deductions 20,565,489 276,377 53,767,614
Cost of goods sold 4,291,314 (*)82,663 15,915,949
Compensation of officers 3,083,263 21,285 3,411,010
Salaries and wages 6,596,412 42,781 13,129,737
Repairs 134,477 1,363 808,659
Bad debts 42,927 2,898 180,491
Rent paid on business
property 721,580 10,764 2,297,958
Taxes paid 604,297 10,265 1,726,501
Interest paid 188,979 21,164 1,705,531
Amortization 61,194 261 106,491
Depreciation 242,685 8,797 3,400,744
Depletion (*)39 — 1,728
Advertising 229,284 4,930 1,070,809
Pension, profit-sharing,
stock bonus, and
annuity plans 203,115 (*)9,642 263,339
Employee benefit programs 301,927 2,713 462,733
Net loss, noncapital assets 1,701 — -85,574
Other deductions 3,862,297 56,850 9,200,361
Total receipts less total
deductions 2,458,330 98,284 4,043,750
Net income (less deficit)
from a trade or
business 2,446,171 96,338 4,001,462
Net income 2,636,915 120,925 6,764,214
Deficit 190,744 24,587 2,762,751
Portfolio income (less deficit)
distributed to
shareholders 599,594 169,817 7,252,391
Dividend income 53,768 6,215 182,528
Interest income 188,818 14,918 1,390,014
Royalty income — 3 59,055
Net short-term capital gain
(less loss) -2,749 13,877 74,545
Net long-term capital gain
(less loss) 355,169 134,800 5,513,194
Other portfolio income
(net) (*)4,589 5 33,056
Real estate rental net income
(less deficit) 5,374 161 3,369,296
Net income 6,416 471 5,085,902
Deficit 1,042 309 1,716,606
Net income (less deficit)
from other rental
activity (*)-1,588 -161 538,044
Net income (*)678 236 745,461
Deficit (*)2,266 396 207,418
Total net income (less deficit) 3,049,550 266,156 15,161,193
Net income 3,192,534 283,834 18,745,537
Deficit 142,984 17,679 3,584,344
Finance, insurance, real estate,
and rental and leasing
Real estate and rental and leasing
Lessors of
Rental non-
Item Real and leasing financial
estate services intangible
assets
(74) (75) (76)
Number of returns 271,573 27,939 (*)690
Number of shareholders 624,108 55,666 (*)2,562
Income and deductions from a
trade or business:
Total receipts(1) 40,290,326 17,191,418 (*)329,621
Business receipts 38,240,043 16,213,535 (*)315,270
Interest on Government
obligations:
State and local 39,442 2,846 —
Net gain, noncapital
assets 273,052 469,565 (*)30
Other receipts 1,737,789 505,472 (*)14,320
Total deductions 36,936,966 16,523,095 (*)307,553
Cost of goods sold 9,276,591 6,406,035 (*)233,323
Compensation of officers 2,888,535 516,071 (*)6,405
Salaries and wages 10,964,627 2,147,106 (*)18,004
Repairs 441,775 366,125 (*)759
Bad debts 119,859 60,407 (*)225
Rent paid on business
property 1,434,076 860,383 (*)3,498
Taxes paid 1,232,657 491,781 (*)2,063
Interest paid 1,079,614 622,639 (*)3,278
Amortization 60,449 42,466 (*)3,576
Depreciation 712,928 2,686,609 (*)1,206
Depletion 1,711 17 —
Advertising 833,929 235,527 (*)1,353
Pension, profit-sharing,
stock bonus, and
annuity plans 204,196 57,942 (*)1,202
Employee benefit programs 336,684 125,846 (*)203
Net loss, noncapital assets -40,452 -45,122 —
Other deductions 7,308,882 1,859,020 (*)32,459
Total receipts less total
deductions 3,353,360 668,323 (*)22,067
Net income (less deficit)
from a trade or
business 3,313,918 665,477 (*)22,067
Net income 5,395,710 1,341,907 (*)26,596
Deficit 2,081,792 676,431 (*)4,529
Portfolio income (less deficit)
distributed to
shareholders 6,258,429 970,135 (*)23,827
Dividend income 174,789 7,476 (*)262
Interest income 1,301,733 84,365 (*)3,916
Royalty income 31,995 (*)17,818 (*)9,242
Net short-term capital gain
(less loss) 73,309 1,238 (*)-2
Net long-term capital gain
(less loss) 4,652,408 857,967 (*)2,819
Other portfolio income
(net) 24,196 (*)1,271 (*)7,589
Real estate rental net income
(less deficit) 3,325,609 43,335 (*)352
Net income 5,025,009 60,541 (*)352
Deficit 1,699,399 17,206 —
Net income (less deficit)
from other rental
activity 19,071 519,448 (*)-475
Net income 51,132 694,329 —
Deficit 32,061 174,881 (*)475
Total net income (less deficit) 12,917,028 2,198,395 (*)45,771
Net income 15,781,887 2,913,114 (*)50,537
Deficit 2,864,859 714,719 (*)4,767
Professional and
business services
Professional,
scientific,
and
technical
services
Item Total Total
(77) (78)
Number of returns 505,090 371,152
Number of shareholders 814,939 572,538
Income and deductions from a
trade or business:
Total receipts(1) 284,736,355 183,061,921
Business receipts 275,909,504 179,673,635
Interest on Government
obligations:
State and local 242,283 36,036
Net gain, noncapital
assets 593,484 395,047
Other receipts 7,991,085 2,957,203
Total deductions 264,308,062 168,390,857
Cost of goods sold 103,855,971 58,675,505
Compensation of officers 25,724,140 20,525,946
Salaries and wages 53,355,669 34,263,274
Repairs 1,630,003 894,740
Bad debts 693,944 330,682
Rent paid on business
property 8,109,710 5,834,092
Taxes paid 9,363,631 5,790,149
Interest paid 4,457,326 1,323,408
Amortization 337,604 191,821
Depreciation 4,032,632 2,462,816
Depletion 1,973 (*)40
Advertising 2,626,166 1,760,875
Pension, profit-sharing,
stock bonus, and
annuity plans 2,146,921 1,830,211
Employee benefit programs 3,104,354 2,054,506
Net loss, noncapital assets -89,585 -61,285
Other deductions 44,778,435 32,391,507
Total receipts less total
deductions 20,428,293 14,671,064
Net income (less deficit)
from a trade or
business 20,186,011 14,635,028
Net income 26,433,303 18,943,667
Deficit 6,247,293 4,308,640
Portfolio income (less deficit)
distributed to
shareholders 10,877,572 5,598,455
Dividend income 337,487 134,996
Interest income 1,360,348 745,118
Royalty income 83,534 45,320
Net short-term capital gain
(less loss) -35,424 49,918
Net long-term capital gain
(less loss) 9,128,803 4,622,145
Other portfolio income
(net) 2,823 958
Real estate rental net income
(less deficit) 51,009 64,142
Net income 157,453 110,486
Deficit 106,444 46,344
Net income (less deficit)
from other rental
activity 3,294 -3,532
Net income 51,529 40,241
Deficit 48,235 43,773
Total net income (less deficit) 31,117,885 20,294,093
Net income 36,809,602 24,211,647
Deficit 5,691,716 3,917,554
Professional and
business services
Professional, scientific,
and technical services
Accounting,
tax
Legal preparation,
Item services bookkeeping,
and payroll
services
(79) (80)
Number of returns 36,524 26,683
Number of shareholders 50,134 42,893
Income and deductions from a
trade or business:
Total receipts(1) 16,293,836 7,877,724
Business receipts 15,161,329 7,826,055
Interest on Government
obligations:
State and local 5,415 (*)139
Net gain, noncapital
assets 9,630 (*)722
Other receipts 1,117,462 50,809
Total deductions 13,843,293 6,951,215
Cost of goods sold 645,014 965,134
Compensation of officers 3,839,995 1,333,800
Salaries and wages 3,519,572 1,915,815
Repairs 102,669 47,804
Bad debts 23,286 7,118
Rent paid on business
property 757,799 413,886
Taxes paid 494,835 318,991
Interest paid 91,985 78,256
Amortization 1,823 20,636
Depreciation 143,101 95,311
Depletion — (*)40
Advertising 308,091 54,554
Pension, profit-sharing,
stock bonus, and
annuity plans 226,192 147,815
Employee benefit programs 90,404 111,080
Net loss, noncapital assets (*)-583 -5
Other deductions 3,597,943 1,440,971
Total receipts less total
deductions 2,450,543 926,510
Net income (less deficit)
from a trade or
business 2,445,128 926,371
Net income 2,663,106 1,022,435
Deficit 217,978 96,064
Portfolio income (less deficit)
distributed to
shareholders 90,337 258,709
Dividend income 19,835 3,428
Interest income 65,722 88,514
Royalty income (*)47 —
Net short-term capital gain
(less loss) 1,724 (*)-500
Net long-term capital gain
(less loss) 2,859 167,253
Other portfolio income
(net) (*)149 13
Real estate rental net income
(less deficit) -616 (*)555
Net income (*)1,829 (*)722
Deficit (*)2,445 (*)167
Net income (less deficit)
from other rental
activity 15,860 -6
Net income 15,863 —
Deficit (*)3 6
Total net income (less deficit) 2,550,709 1,185,628
Net income 2,764,824 1,251,077
Deficit 214,115 65,449
Professional and business services
Professional, scientific, and
technical services
Architec- Computer
tural, engi- Specia- systems
neering, and lized design and
Item and related design related
services services services
(81) (82) (83)
Number of returns 49,457 19,242 58,753
Number of shareholders 82,887 23,663 94,199
Income and deductions from a
trade or business:
Total receipts(1) 25,661,142 9,287,019 28,667,716
Business receipts 25,434,965 9,233,037 28,477,953
Interest on Government
obligations:
State and local 2,453 634 5,152
Net gain, noncapital
assets 31,801 753 35,356
Other receipts 181,923 52,595 149,255
Total deductions 23,582,373 8,654,974 26,740,012
Cost of goods sold 7,703,215 5,044,252 10,457,658
Compensation of officers 2,805,359 761,422 2,687,424
Salaries and wages 5,255,182 785,985 5,745,770
Repairs 147,301 42,269 98,151
Bad debts 44,329 25,525 34,147
Rent paid on business
property 824,082 238,756 669,074
Taxes paid 952,188 185,148 917,587
Interest paid 182,753 36,537 214,457
Amortization 15,986 7,083 21,570
Depreciation 423,457 129,390 384,382
Depletion — — —
Advertising 80,774 94,894 259,485
Pension, profit-sharing,
stock bonus, and
annuity plans 251,808 76,657 261,937
Employee benefit programs 479,382 49,322 322,592
Net loss, noncapital assets 1,079 (*)2,964 798
Other deductions 4,415,476 1,174,768 4,664,981
Total receipts less total
deductions 2,068,769 632,045 1,927,704
Net income (less deficit)
from a trade or
business 2,066,316 631,411 1,922,552
Net income 2,397,384 765,998 2,790,370
Deficit 331,069 134,587 867,818
Portfolio income (less deficit)
distributed to
shareholders 147,940 26,605 1,393,906
Dividend income 19,096 6,389 8,292
Interest income 52,139 20,241 67,280
Royalty income 741 — (*)36,891
Net short-term capital gain
(less loss) 1,706 (*)-168 -40,408
Net long-term capital gain
(less loss) 74,237 (*)491 1,321,852
Other portfolio income
(net) 21 (*)-349 —
Real estate rental net income
(less deficit) 8,129 (*)5,454 (*)909
Net income 8,565 (*)5,487 (*)1,394
Deficit 436 (*)32 (*)485
Net income (less deficit)
from other rental
activity (*)141 — (*)201
Net income (*)444 — (*)201
Deficit 303 — —
Total net income (less deficit) 2,222,525 663,470 3,317,569
Net income 2,539,688 792,120 4,161,485
Deficit 317,162 128,650 843,916
Professional and Education,
business services health,
and social
assistance
Administrative and
support and waste
management and
remediation services
Waste
Adminis- management
trative and reme-
Item and support diation Total
services services
(87) (88) (89)
Number of returns 116,389 6,077 155,372
Number of shareholders 189,392 13,229 248,508
Income and deductions from a
trade or business:
Total receipts(1) 86,837,813 7,284,661 91,168,268
Business receipts 85,900,828 7,120,171 89,250,909
Interest on Government
obligations:
State and local 11,267 8,374 10,333
Net gain, noncapital
assets 108,335 24,442 103,908
Other receipts 817,383 131,663 1,793,118
Total deductions 83,274,906 6,697,036 85,173,621
Cost of goods sold 42,231,123 2,635,011 12,054,564
Compensation of officers 4,456,018 288,689 12,585,349
Salaries and wages 17,477,474 843,963 24,402,320
Repairs 508,316 153,581 751,853
Bad debts 115,364 14,447 441,340
Rent paid on business
property 1,953,418 229,142 4,868,645
Taxes paid 3,121,211 273,776 3,622,415
Interest paid 511,549 137,014 1,128,048
Amortization 100,133 26,823 151,634
Depreciation 1,010,368 385,798 1,427,775
Depletion — 1,874 (*)965
Advertising 774,884 36,188 1,111,141
Pension, profit-sharing,
stock bonus, and
annuity plans 240,245 31,726 1,162,887
Employee benefit programs 846,101 105,180 1,266,875
Net loss, noncapital assets 23,055 (*)529 3,581
Other deductions 9,905,647 1,533,294 20,194,229
Total receipts less total
deductions 3,562,907 587,615 5,984,646
Net income (less deficit)
from a trade or
business 3,551,639 579,241 5,974,313
Net income 4,759,440 720,960 7,901,745
Deficit 1,207,800 141,719 1,927,431
Portfolio income (less deficit)
distributed to
shareholders 1,370,205 2,623,178 648,073
Dividend income 13,284 2,629 18,917
Interest income 222,692 62,729 224,565
Royalty income (*)35,934 401 (*)4,075
Net short-term capital gain
(less loss) -19,117 -1,957 -10,449
Net long-term capital gain
(less loss) 1,117,412 2,559,374 410,964
Other portfolio income
(net) — 1 (*)2
Real estate rental net income
(less deficit) 4,992 1,962 28,364
Net income 13,476 2,152 32,093
Deficit (*)8,484 190 3,730
Net income (less deficit)
from other rental
activity 6,318 1,124 4,130
Net income 6,318 1,398 4,333
Deficit — 273 (*)203
Total net income (less deficit) 4,933,154 3,205,505 6,654,880
Net income 6,069,201 3,303,142 8,410,421
Deficit 1,136,047 97,637 1,755,541
Education, health, and social
assistance
Health care and social assistance
Offices of
physicians
Item Educational Total and
services dentists
(90) (91) (92)
Number of returns 20,527 134,844 55,822
Number of shareholders 33,548 214,963 76,123
Income and deductions from a
trade or business:
Total receipts(1) 10,418,461 80,739,816 32,678,449
Business receipts 10,297,420 78,953,489 31,670,350
Interest on Government
obligations:
State and local 4,361 5,972 (*)2,790
Net gain, noncapital
assets 17,936 85,972 17,339
Other receipts 98,735 1,694,383 987,971
Total deductions 9,858,031 78,315,590 29,524,623
Cost of goods sold 2,289,715 9,764,849 1,117,732
Compensation of officers 730,670 11,854,679 8,265,006
Salaries and wages 2,608,798 21,793,522 7,675,747
Repairs 97,978 653,875 258,925
Bad debts 146,823 294,518 43,747
Rent paid on business
property 619,995 4,248,650 1,710,744
Taxes paid 345,065 3,277,349 1,122,673
Interest paid 84,109 1,043,939 241,263
Amortization 15,543 136,091 53,962
Depreciation 159,419 1,268,356 416,072
Depletion — (*)965 (*)938
Advertising 528,112 583,029 213,345
Pension, profit-sharing,
stock bonus, and
annuity plans 36,512 1,126,375 866,510
Employee benefit programs 150,313 1,116,562 284,168
Net loss, noncapital assets 69 3,512 63
Other deductions 2,044,910 18,149,319 7,253,730
Total receipts less total
deductions 560,420 5,424,226 3,153,826
Net income (less deficit)
from a trade or
business 556,059 5,418,254 3,151,036
Net income 700,990 7,200,754 3,678,391
Deficit 144,931 1,782,500 527,355
Portfolio income (less deficit)
distributed to
shareholders 107,522 640,561 182,983
Dividend income 2,958 15,959 3,243
Interest income 44,707 179,858 53,719
Royalty income (*)4,075 — —
Net short-term capital gain
(less loss) -89 -10,360 (*)-10,220
Net long-term capital gain
(less loss) 55,872 355,092 136,241
Other portfolio income
(net) — (*)2 —
Real estate rental net income
(less deficit) 2,909 26,454 (*)4176
Net income (*)4,192 27,901 (*)4,704
Deficit (*)1,283 2,447 (*)528
Net income (less deficit)
from other rental
activity 111 4,019 (*)3,312
Net income 111 (*)4,221 (*)3,369
Deficit — (*)203 (*)57
Total net income (less deficit) 666,602 5,988,278 3,341,508
Net income 785,075 7,625,347 3,826,270
Deficit 118,472 1,637,069 484,763
Education, health, and social
assistance
Health care and social assistance
Miscella-
Offices neous
of other health
health Outpatient care and
Item practi- care social
tioners centers assistance
(93) (94) (95)
Number of returns 37,462 3,904 26,698
Number of shareholders 56,167 5,387 50,638
Income and deductions from a
trade or business:
Total receipts(1) 14,396,018 1,980,342 12,296,838
Business receipts 14,295,896 1,872,872 12,239,479
Interest on Government
obligations:
State and local (*)342 757 (*)89
Net gain, noncapital
assets (*)7,407 651 22,987
Other receipts 92,372 106,062 33,283
Total deductions 13,321,691 1,808,323 11,743,279
Cost of goods sold 3,080,894 320,455 2,761,751
Compensation of officers 2,383,215 134,499 756,480
Salaries and wages 2,641,031 344,584 3,866,436
Repairs 83,213 12,226 124,918
Bad debts 42,052 (*)15,328 96,710
Rent paid on business
property 759,766 61,748 558,816
Taxes paid 450,821 45,155 526,322
Interest paid 73,452 24,256 182,246
Amortization 19,057 4,434 23,989
Depreciation 142,601 42,499 299,932
Depletion — — (*)28
Advertising 170,173 28,776 85,364
Pension, profit-sharing,
stock bonus, and
annuity plans 135,328 13,685 63,464
Employee benefit programs 88,639 11,798 173,347
Net loss, noncapital assets 2 — (*)2,542
Other deductions 3,251,349 748,883 2,220,933
Total receipts less total
deductions 1,074,427 172,019 552,559
Net income (less deficit)
from a trade or
business 1,074,086 171,261 552,470
Net income 1,288,856 251,489 1,019,799
Deficit 214,771 80,228 467,329
Portfolio income (less deficit)
distributed to
shareholders 78,089 78,104 32,669
Dividend income 8,295 (*)607 1,708
Interest income 18,730 7,492 18,251
Royalty income — — —
Net short-term capital gain
(less loss) (*)-481 (*)-107 (*)208
Net long-term capital gain
(less loss) 51,545 70,113 (*)12,502
Other portfolio income
(net) — — —
Real estate rental net income
(less deficit) (*)5,133 (*)1,864 (*)358
Net income (*)5,133 (*)1,864 (*)358
Deficit — — —
Net income (less deficit)
from other rental
activity — — 162
Net income — — 162
Deficit — — —
Total net income (less deficit) 1,157,307 251,229 586,660
Net income 1,343,907 294,054 1,042,836
Deficit 186,600 42,825 457,176
Education, Leisure, accomodation,
health, and food services
and social
assistance
Health Arts,
care and enter-
social tainment,
assistance and
recreation
Hospitals,
nursing,
and resi-
dential
Item care Total Total
facilities
(96) (97) (98)
Number of returns 10,958 201,973 54,882
Number of shareholders 26,648 418,882 109,006
Income and deductions from a
trade or business:
Total receipts(1) 19,389,169 126,970,449 26,507,127
Business receipts 18,874,893 123,569,886 25,300,285
Interest on Government
obligations:
State and local 1,994 17,468 9,136
Net gain, noncapital
assets 37,588 707,386 208,181
Other receipts 474,695 2,675,710 989,525
Total deductions 18,917,774 123,082,716 25,439,167
Cost of goods sold 2,484,018 44,235,084 5,526,669
Compensation of officers 315,480 5,014,789 2,036,317
Salaries and wages 7,265,724 23,240,154 5,503,528
Repairs 174,593 2,536,700 588,909
Bad debts 96,684 224,019 39,401
Rent paid on business
property 1,157,576 8,043,320 1,624,068
Taxes paid 1,132,378 5,688,726 1,296,928
Interest paid 522,723 3,042,527 711,988
Amortization 34,849 591,629 193,789
Depreciation 367,252 4,302,753 1,238,433
Depletion — — —
Advertising 85,370 3,313,790 560,386
Pension, profit-sharing,
stock bonus, and
annuity plans 47,388 203,083 119,788
Employee benefit programs 558,609 778,290 193,727
Net loss, noncapital assets (*)906 119,058 3,098
Other deductions 4,674,424 21,748,794 5,802,137
Total receipts less total
deductions 471,395 3,887,734 1,067,961
Net income (less deficit)
from a trade or
business 469,401 3,870,265 1,058,824
Net income 962,219 8,765,224 2,862,102
Deficit 492,818 4,894,958 1,803,278
Portfolio income (less deficit)
distributed to
shareholders 168,706 1,472,298 756,172
Dividend income 2,105 48,931 20,395
Interest income 81,666 517,420 167,345
Royalty income — 117,777 116,933
Net short-term capital gain
(less loss) (*)242 -2,630 -6,696
Net long-term capital gain
(less loss) 84,690 773,381 442,692
Other portfolio income
(net) (*)2 17,419 15,503
Real estate rental net income
(less deficit) 13,923 105,402 34,144
Net income 15,842 153,884 47,162
Deficit (*)1,919 48,482 13,018
Net income (less deficit)
from other rental
activity (*)544 37,056 10,996
Net income (*)690 40,067 13,369
Deficit (*)146 3,010 2,373
Total net income (less deficit) 652,574 5,485,022 1,860,136
Net income 1,118,279 10,088,275 3,548,639
Deficit 465,705 4,603,253 1,688,503
Leisure, accomodation, and food
services
Arts, entertainment, Accomoda-
and recreation tion and
food
service
Other Amusement,
arts, gambling,
entertain- and
Item ment, and recreation Total
recreation industries
(99) (100) (101)
Number of returns 27,128 27,754 147,091
Number of shareholders 44,167 64,838 309,876
Income and deductions from a
trade or business:
Total receipts(1) 10,718,542 15,788,586 100,463,322
Business receipts 10,133,326 15,166,959 98,269,601
Interest on Government
obligations:
State and local 4,040 5,096 8,332
Net gain, noncapital
assets 19,386 188,795 499,205
Other receipts 561,790 427,735 1,686,184
Total deductions 10,349,891 15,089,276 97,643,549
Cost of goods sold 2,093,580 3,433,089 38,708,415
Compensation of officers 1,336,319 699,998 2,978,472
Salaries and wages 2,591,645 2,911,884 17,736,625
Repairs 82,841 506,067 1,947,792
Bad debts 13,161 26,240 184,618
Rent paid on business
property 379,552 1,244,516 6,419,251
Taxes paid 327,226 969,702 4,391,797
Interest paid 155,966 556,022 2,330,540
Amortization 134,418 59,372 397,839
Depreciation 259,885 978,548 3,064,320
Depletion — — —
Advertising 167,699 392,687 2,753,404
Pension, profit-sharing,
stock bonus, and
annuity plans 67,271 52,516 83,295
Employee benefit programs 59,043 134,684 584,563
Net loss, noncapital assets (*)780 2,318 115,960
Other deductions 2,680,506 3,121,631 15,946,657
Total receipts less total
deductions 368,650 699,310 2,819,773
Net income (less deficit)
from a trade or
business 364,610 694,214 2,811,441
Net income 1,297,195 1,654,907 5,903,122
Deficit 932,585 870,693 3,091,681
Portfolio income (less deficit)
distributed to
shareholders 577,876 178,295 716,127
Dividend income 12,523 7,872 28,536
Interest income 75,191 92,154 350,075
Royalty income 116,884 50 844
Net short-term capital gain
(less loss) -8,791 2,094 4,067
Net long-term capital gain
(less loss) 366,566 76,125 330,689
Other portfolio income
(net) 15,503 — (*)1,916
Real estate rental net income
(less deficit) 5,579 28,565 71,257
Net income 11,354 35,809 106,721
Deficit (*)5,775 7,243 35,464
Net income (less deficit)
from other rental
activity (*)577 10,419 26,060
Net income (*)2,950 10,419 26,697
Deficit 2,373 — 637
Total net income (less deficit) 948,642 911,494 3,624,885
Net income 1,805,290 1,743,348 6,539,636
Deficit 856,648 831,855 2,914,751
Leisure, accomodation, and food
service
Accomodation and food Other
services services
Food
services
Accom- and
Item modation drinking Total
places
(102) (103) (104)
Number of returns 21,995 125,096 150,437
Number of shareholders 58,621 251,256 242,773
Income and deductions from a
trade or business:
Total receipts(1) 16,365,277 84,098,045 57,997,629
Business receipts 15,787,255 82,482,346 57,226,366
Interest on Government
obligations:
State and local 5,267 3,065 6,569
Net gain, noncapital
assets 76,438 422,767 136,602
Other receipts 496,317 1,189,868 628,091
Total deductions 16,012,068 81,631,481 55,235,354
Cost of goods sold 3,298,094 35,410,320 24,250,570
Compensation of officers 456,815 2,521,657 3,753,832
Salaries and wages 2,879,102 14,857,523 8,731,235
Repairs 564,665 1,383,127 616,457
Bad debts 113,387 71,231 179,305
Rent paid on business
property 810,810 5,608,441 3,435,191
Taxes paid 1,048,035 3,343,762 2,021,745
Interest paid 1,240,897 1,089,643 799,879
Amortization 85,583 312,256 130,969
Depreciation 1,164,485 1,899,836 1,459,595
Depletion — — (*)317
Advertising 385,622 2,367,782 949,295
Pension, profit-sharing,
stock bonus, and
annuity plans 14,245 69,050 153,568
Employee benefit programs 112,924 471,640 494,272
Net loss, noncapital assets 8,619 107,341 25,436
Other deductions 3,828,785 12,117,872 8,233,688
Total receipts less total
deductions 353,209 2,466,564 2,762,275
Net income (less deficit)
from a trade or
business 347,942 2,463,499 2,755,706
Net income 1,267,382 4,635,740 3,901,912
Deficit 919,440 2,172,241 1,146,206
Portfolio income (less deficit)
distributed to
shareholders 278,549 437,578 926,889
Dividend income 14,290 14,245 18,140
Interest income 195,886 154,189 114,427
Royalty income 1 843 (*)5,799
Net short-term capital gain
(less loss) -1,676 5,743 -2,202
Net long-term capital gain
(less loss) 68,143 262,546 787,083
Other portfolio income
(net) (*)1,904 12 (*)3,641
Real estate rental net income
(less deficit) 54,773 16,485 47,229
Net income 77,158 29,563 48,748
Deficit 22,386 13,078 (*)1,518
Net income (less deficit)
from other rental
activity 1,379 24,682 4,107
Net income 2,016 24,682 (*)9,109
Deficit 637 — (*)5,002
Total net income (less deficit) 682,642 2,942,244 3,733,930
Net income 1,530,974 5,008,662 4,792,625
Deficit 848,332 2,066,418 1,058,694
Other services
Personal
Repair laundry
Item and and
maintenance services
(105) (106)
Number of returns 75,611 74,189
Number of shareholders 119,151 120,715
Income and deductions from a
trade or business:
Total receipts(1) 34,971,799 23,024,715
Business receipts 34,589,590 22,636,776
Interest on Government
obligations:
State and local 1,383 5,186
Net gain, noncapital
assets 69,173 67,429
Other receipts 311,653 315,324
Total deductions 33,470,453 21,755,495
Cost of goods sold 17,074,511 7,176,059
Compensation of officers 2,038,358 1,715,474
Salaries and wages 4,806,541 3,924,695
Repairs 289,681 326,776
Bad debts 63,733 115,572
Rent paid on business
property 1,573,660 1,861,530
Taxes paid 1,170,445 850,380
Interest paid 441,289 358,589
Amortization 52,760 78,198
Depreciation 728,071 731,524
Depletion (*)317 —
Advertising 487,334 461,962
Pension, profit-sharing,
stock bonus, and
annuity plans 66,049 87,519
Employee benefit programs 359,143 135,128
Net loss, noncapital assets (*)850 24,586
Other deductions 4,317,709 3,907,505
Total receipts less total
deductions 1,501,346 1,269,220
Net income (less deficit)
from a trade or
business 1,499,963 1,264,034
Net income 2,054,707 1,847,205
Deficit 554,743 583,171
Portfolio income (less deficit)
distributed to
shareholders 164,182 695,425
Dividend income 11,131 6,883
Interest income 44,914 68,548
Royalty income (*)5,799 —
Net short-term capital gain
(less loss) -942 -1,260
Net long-term capital gain
(less loss) 102,802 618,089
Other portfolio income
(net) 477 (*)3,164
Real estate rental net income
(less deficit) 29,336 17,894
Net income 29,920 18,828
Deficit (*)584 934
Net income (less deficit)
from other rental
activity 3,844 263
Net income (*)8,843 266
Deficit (*)4,998 4
Total net income (less deficit) 1,697,325 1,977,615
Net income 2,207,909 2,525,705
Deficit 510,584 548,090
Other
services
Religious,
grantmaking,
civic, Nature of
professional, business
Item and similar not
organizations allocable
(107) (108)
Number of returns (*)637 10,804
Number of shareholders (*)2,907 18,164
Income and deductions from a
trade or business:
Total receipts(1) (*)1,114 1,373,616
Business receipts — 1,321,394
Interest on Government
obligations:
State and local — (*)850
Net gain, noncapital
assets — 2,490
Other receipts 48,882
Total deductions (*)1,114 1,737,429
Cost of goods sold (*)9,406 661,022
Compensation of officers — 38,812
Salaries and wages — 97,762
Repairs — 10,554
Bad debts — (*)16,933
Rent paid on business
property — 46,943
Taxes paid 920 23,677
Interest paid (*)1 22,178
Amortization (*)11 (*)53
Depreciation — 20,908
Depletion — —
Advertising — 8,148
Pension, profit-sharing,
stock bonus, and
annuity plans — (*)9,287
Employee benefit programs — (*)3,431
Net loss, noncapital assets — —
Other deductions (*)8,474 777,721
Total receipts less total
deductions (*)-8,292 -363,812
Net income (less deficit)
from a trade or
business (*)-8,292 -364,662
Net income — 176,230
Deficit (*)8,292 540,892
Portfolio income (less deficit)
distributed to
shareholders (*)67,282 119,165
Dividend income (*)125 (*)1,758
Interest income (*)965 2,341
Royalty income — —
Net short-term capital gain
(less loss) — -427
Net long-term capital gain
(less loss) (*)66,192 (*)115,493
Other portfolio income
(net) — —
Real estate rental net income
(less deficit) — (*)2,789
Net income — (*)3,289
Deficit — 500
Net income (less deficit)
from other rental
activity — —
Net income — —
Deficit — —
Total net income (less deficit) (*)58,990 -242,709
Net income (*)59,010 293,167
Deficit (*)20 535,876
(*) Estimate should be used with caution because of the small number of
returns on which it is based.
(1) Includes interest on Governmnet obligations: State and local, which
is not reflected in net income (less deficit) from a trade or business.
NOTE: Detail may not add to total due to rounding.
Table 2.–S Corporations with Net Income: Total Income and Deductions,
Portfolio Income, Rental Income and Total Net Income, by Industrial
Division, Sector, and Major Group [All figures are estimates based on
samples–money amounts are in thousands of dollars] Raw materials and
energy production
Raw materials and
energy production
Agriculture,
forestry,
fishing,
and hunting
All
Item industries Total Total
(1) (2) (3)
Number of returns 1,669,485 50,197 39,481
Number of shareholders 3,104,572 129,351 102,250
Income and deductions
from a trade or
business:
Total receipts(1) 2,558,302,664 49,127,661 35,738,265
Business receipts 2,508,413,757 44,836,887 32,532,879
Interest on
Government
obligations:
State and local 845,187 29, 721 14,035
Net gain, noncapital
assets 6,019,147 468,652 183,296
Other receipts 43,024,473 3,792,401 3,008,056
Total deductions 2,390,643,859 44,488,051 33,097,500
Cost of goods sold 1,617,390,755 24,403,299 18,002,320
Compensation of
officers 96,585,442 1,114,672 811,580
Salaries and wages 240,612,898 3,612,842 2,833,295
Repairs 14,424,839 1,034,815 847,695
Bad debts 4,295,917 39,165 15,237
Rent paid on business
property 50,596,315 1,398,732 1,129,947
Taxes paid 49,190,744 1,058,153 644,747
Interest paid 25,529,547 911,870 587,195
Amortization 2,283,061 44,677 25,321
Depreciation 36,908,589 1,858,128 1,237,968
Depletion 200,447 121,978 (*)1,539
Advertising 23,407,241 169,086 149,154
Pension, profit-
sharing, stock
bonus, and annuity
plans 9,045,053 106,001 59,798
Employee benefit
programs 17,712,826 301,691 185,277
Net loss, noncapital
assets 195,804 3,325 1,919
Other deductions 202,264,384 8,309,615 6,564,508
Total receipts less
total deductions 167,658,705 4,639,611 2,640,765
Net income (less deficit)
from a trade or
business 166,813,518 4,609,890 2,626,730
Net income 170,957,703 4,725,994 2,698,307
Deficit 4,144,184 116,105 71,576
Portfolio income (less
deficit)
distributed to
shareholders 49,948,034 2,072,993 454,206
Dividend income 1,424,004 87,895 20,419
Interest income 9,027,467 405,742 185,370
Royalty income 533,945 92,765 8,331
Net short-term
capital gain
(less loss) 747,452 23,038 -847
Net long-term capital
gain (less loss) 38,083,586 1,457,091 235,329
Other portfolio
income (net) 131,579 6,462 5,603
Real estate rental net
income (less
deficit) 6,062,317 142,893 133,546
Net income 6,320,297 149,494 137,555
Deficit 257,980 6,602 4,009
Net income (less deficit)
from other rental
activity 1,149,040 25,420 19,228
Net income 1,185,593 25,690 19,431
Deficit 36,553 (*)270 (*)203
Total net income 223,972,910 6,851,195 3,233,710
Raw materials and energy production
Agriculture, forestry, fishing,
and hunting
Support
Forestry activities
Item Agriculture and and
production logging fishing,
hunting,
(4) (5) (6)
Number of returns 24,591 4,701 10,188
Number of shareholders 69,386 8,957 23,907
Income and deductions
from a trade or
business:
Total receipts(1) 21,545,505 4,294,491 9,898,270
Business receipts 18,623,255 4,245,232 9,664,393
Interest on
Government
obligations:
State and local 11,668 (*)1,595 772
Net gain, noncapital
assets 136,597 5,981 40,718
Other receipts 2,773,985 41,683 192,387
Total deductions 19,824,841 4,089,413 9,183,245
Cost of goods sold 9,608,490 2,451,129 5,942,700
Compensation of
officers 417,672 117,033 276,875
Salaries and wages 1,699,514 288,495 845,285
Repairs 505,662 145,135 196,898
Bad debts 8,103 (*)2,916 4,217
Rent paid on business
property 930,508 40,674 158,765
Taxes paid 412,800 77,640 154,306
Interest paid 422,969 58,183 106,043
Amortization 14,954 1,202 9,166
Depreciation 789,498 203,979 244,492
Depletion (*)1,357 182 —
Advertising 66,424 2,924 79,806
Pension, profit-
sharing, stock
bonus, and annuity
plans 32,016 7,598 20,184
Employee benefit
programs 128,087 16,364 40,826
Net loss, noncapital
assets 1,880 — (*)39
Other deductions 4,784,907 675,959 1,103,642
Total receipts less
total deductions 1,720,663 205,078 715,025
Net income (less deficit)
from a trade or
business 1,708,995 203,483 714,252
Net income 1,745,535 208,341 744,431
Deficit 36,539 4,858 30,179
Portfolio income (less
deficit)
distributed to
shareholders 275,189 57,794 121,222
Dividend income 11,750 (*)601 8,068
Interest income 133,251 16,525 33,594
Royalty income 7,703 (*)628 —
Net short-term
capital gain
(less loss) 2,456 (*)109 (*)-3,411
Net long-term capital
gain (less loss) 114,699 (*)37,641 82,989
Other portfolio
income (net) (*)5,330 (*)290 -17
Real estate rental net
income (less
deficit) 125,595 1,070 6,882
Net income 129,369 (*)1,130 7,056
Deficit (*)3,774 (*)59 (*)175
Net income (less deficit)
from other rental
activity 12,624 (*)728 (*)5,876
Net income 12,631 (*)728 (*)6,072
Deficit 7 — (*)196
Total net income 2,122,403 263,075 848,232
Raw materials and Goods
energy production production
Item Mining Utilities Total
(7) (8) (9)
Number of returns 9,353 1,363 304,571
Number of shareholders 24,682 2,419 571,669
Income and deductions
from a trade or
business:
Total receipts(1) 11,373,731 2,015,665 754,661,121
Business receipts 10,408,529 1,895,479 746,640,671
Interest on
Government
obligations:
State and local 15,072 614 205,401
Net gain, noncapital
assets 283,299 2,057 1,294,128
Other receipts 666,831 117,514 6,520,921
Total deductions 9,589,877 1,800,673 699,849,206
Cost of goods sold 5,104,914 1,296,066 528,815,450
Compensation of
officers 282,584 20,508 23,136,592
Salaries and wages 656,182 123,365 44,575,173
Repairs 175,540 11,580 3,187,292
Bad debts 20,723 3,205 981,146
Rent paid on business
property 209,756 59,029 8,949,375
Taxes paid 378,016 35,391 13,628,013
Interest paid 279,221 45,453 6,029,415
Amortization 16,499 2,857 418,859
Depreciation 549,027 71,132 13,733,742
Depletion 116,177 4,263 56,364
Advertising 17,923 2,009 4,941,222
Pension, profit-
sharing, stock
bonus, and annuity
plans 40,160 6,043 2,993,109
Employee benefit
programs 108,066 8,348 7,021,892
Net loss, noncapital
assets 1,406 — 44,667
Other deductions 1,633,683 111,424 41,336,894
Total receipts less
total deductions 1,783,854 214,992 54,811,915
Net income (less deficit)
from a trade or 1,768,782 214,378 54,606,514
business 1,802,649 225,038 55,075,191
Net income 33,867 (*)10,661 468,677
Deficit
Portfolio income (less
deficit)
distributed to
shareholders 1,214,409 404,378 10,423,275
Dividend income 66,712 764 260,978
Interest income 175,455 44,917 2,278,977
Royalty income 84,434 — 60,035
Net short-term
capital gain
(less loss) 24,083 -198 5,770
Net long-term capital
gain (less loss) 862,867 358,894 7,807,173
Other portfolio
income (net) 858 — 10,341
Real estate rental net
income (less
deficit) 10,265 -919 321,949
Net income 11,435 505 359,429
Deficit 1,169 1,424 37,480
Net income (less deficit)
from other rental
activity 6,059 (*)133 90,573
Net income 6,126 (*)133 98,126
Deficit 67 — 7,553
Total net income 2,999,515 617,970 65,442,311
Goods production
Construction
Building,
developing, Heavy
Item Total and general construction
contracting
(10) (11) (12)
Number of returns 209,337 78,708 9,250
Number of shareholders 346,456 143,427 17,471
Income and deductions
from a trade or
business:
Total receipts(1) 340,465,492 152,847,986 44,411,233
Business receipts 336,802,301 150,961,306 43,595,159
Interest on
Government
obligations:
State and local 81,579 51,367 12,546
Net gain, noncapital
assets 464,842 102,620 206,017
Other receipts 3,116,770 1,732,693 597,511
Total deductions 318,530,597 144,066,241 41,722,993
Cost of goods sold 251,172,150 124,784,415 32,888,856
Compensation of
officers 10,314,706 3,205,537 980,361
Salaries and wages 15,458,756 4,059,407 1,707,562
Repairs 1,252,155 285,512 262,191
Bad debts 376,528 128,642 49,137
Rent paid on business
property 4,130,799 877,749 977,075
Taxes paid 5,548,494 1,391,718 664,412
Interest paid 2,127,664 1,036,718 289,554
Amortization 99,768 62,005 6,798
Depreciation 4,415,225 783,276 1,282,078
Depletion 21,406 265 19,435
Advertising 949,822 344,458 36,910
Pension, profit-
sharing, stock
bonus, and annuity
plans 1,097,939 264,424 253,377
Employee benefit
programs 2,700,729 529,900 341,750
Net loss, noncapital
assets 11,437 2,557 5,152
Other deductions 18,853,020 6,309,658 1,958,344
Total receipts less
total deductions 21,934,895 8,781,745 2,688,240
Net income (less deficit)
from a trade or
business 21,853,316 8,730,379 2,675,694
Net income 22,022,337 8,865,309 2,698,619
Deficit 169,022 134,930 22,925
Portfolio income (less
deficit)
distributed to
shareholders 2,941,327 1,876,906 347,590
Dividend income 112,583 43,690 37,638
Interest income 1,095,119 620,606 199,847
Royalty income 5,758 407 3,200
Net short-term
capital gain
(less loss) 17,009 11,279 3,683
Net long-term capital
gain (less loss) 1,702,177 1,193,917 101,962
Other portfolio
income (net) 8,680 7,007 (*)1,260
Real estate rental net
income (less
deficit) 203,793 173,423 15,949
Net income 231,488 198,527 16,619
Deficit 27,695 25,104 670
Net income (less deficit)
from other rental
activity 20,905 4,321 14,199
Net income 24,082 5,785 15,815
Deficit 3,177 (*)1,465 1,616
Total net income 25,019,340 10,785,028 3,053,432
Goods production
Construction Manufacturing
Special
Item trade Total Food
contractors manufacturing
(13) (14) (15)
Number of returns 121,383 95,233 4,905
Number of shareholders 185,559 225,213 21,158
Income and deductions
from a trade or
business:
Total receipts(1) 143,206,273 414,195,629 44,753,289
Business receipts 142,245,836 409,838,370 44,166,694
Interest on
Government
obligations:
State and local 17,667 123,822 10,231
Net gain, noncapital
assets 156,204 829,286 67,690
Other receipts 786,566 3,404,150 508,673
Total deductions 132,741,364 381,318,609 42,374,069
Cost of goods sold 93,498,878 277,643,301 32,349,564
Compensation of
officers 6,128,808 12,821,886 641,261
Salaries and wages 9,691,787 29,116,417 2,765,895
Repairs 704,452 1,935,137 237,154
Bad debts 198,749 604,618 35,684
Rent paid on business
property 2,275,975 4,818,576 476,945
Taxes paid 3,492,364 8,079,519 561,955
Interest paid 801,392 3,901,751 354,220
Amortization 30,965 319,091 25,970
Depreciation 2,349,871 9,318,517 862,742
Depletion (*)1,706 34,958 —
Advertising 568,454 3,991,400 850,646
Pension, profit-
sharing, stock
bonus, and annuity
plans 580,138 1,895,170 162,441
Employee benefit
programs 1,829,079 4,321,163 349,524
Net loss, noncapital
assets 3,728 33,230 936
Other deductions 10,585,018 22,483,874 2,699,130
Total receipts less
total deductions 10,464,909 32,877,020 2,379,220
Net income (less deficit)
from a trade or
business 10,447,243 32,753,198 2,368,988
Net income 10,458,409 33,052,854 2,374,839
Deficit 11,167 299,655 5, 851
Portfolio income (less
deficit)
distributed to
shareholders 716,831 7,481,948 311,223
Dividend income 31,255 148,395 16,710
Interest income 274,665 1,183,859 103,388
Royalty income (*)2,151 54,277 2,119
Net short-term
capital gain
(less loss) 2,047 -11,239 -1,673
Net long-term capital
gain (less loss) 406,299 6,104,996 190,507
Other portfolio
income (net) (*)413 1,661 172
Real estate rental net
income (less
deficit) 14,421 118,156 11,945
Net income 16,342 127,941 12,795
Deficit 1,921 9,785 850
Net income (less deficit)
from other rental
activity 2,385 69,668 2,097
Net income 2,481 74,044 2,206
Deficit 96 4,376 109
Total net income 11,180,879 40,422,970 2,694,253
Goods production
Manufacturing
Beverage
and Textile
tobacco mills and Apparel
Item product textile manufac-
manufac- product turing
turing mills
(16) (17) (18)
Number of returns 642 2,526 4,236
Number of shareholders 2,786 6,090 7,755
Income and deductions
from a trade or
business:
Total receipts(1) 6,963,541 14,148,620 20,515,181
Business receipts 6,855,892 13,910,978 20,201,681
Interest on
Government
obligations:
State and local 2,443 4,049 4,349
Net gain, noncapital
assets 7,838 13,993 32,757
Other receipts 97,369 216,600 276,394
Total deductions 6,386,331 13,229,020 19,380,044
Cost of goods sold 3,991,968 10,463,486 14,599,100
Compensation of
officers 123,390 457,893 598,703
Salaries and wages 661,386 801,842 1,547,164
Repairs 57,431 43,989 42,412
Bad debts 5,897 35,866 26,480
Rent paid on business
property 59,367 111,407 250,279
Taxes paid 238,211 234,823 368,621
Interest paid 76,047 133,602 264,766
Amortization 14,145 6,238 4,863
Depreciation 235,016 265,717 187,830
Depletion 801 — —
Advertising 371,763 60,812 199,147
Pension, profit-
sharing, stock
bonus, and annuity
plans 27,589 43,823 42,919
Employee benefit
programs 87,744 94,914 142,292
Net loss, noncapital
assets (*)438 (*)1,076 370
Other deductions 435,139 473,530 1,105,100
Total receipts less
total deductions 577,210 916,601 1,135,137
Net income (less deficit)
from a trade or
business 574,767 912,552 1,130,789
Net income 575,415 920,716 1,134,311
Deficit 648 8,165 (*)3,522
Portfolio income (less
deficit)
distributed to
shareholders 41,587 100,026 299,275
Dividend income 2,541 4,773 7,668
Interest income 28,559 41,613 34,255
Royalty income 1 1,650 12,100
Net short-term
capital gain
(less loss) -72 1,537 1,335
Net long-term capital
gain (less loss) 10,534 50,838 243,547
Other portfolio
income (net) 25 (*)-385 369
Real estate rental net
income (less
deficit) 6,299 2,761 7,375
Net income 6,349 2,902 7,766
Deficit 50 141 (*)392
Net income (less deficit)
from other rental
activity (*)3,974 (*)3,766 1,068
Net income (*)4,837 (*)3,767 1,068
Deficit 862 (*)1 —
Total net income 626,628 1,019,105 1,438,506
Goods production
Manufacturing
Leather
and Wood
Item allied product Paper
product manufac- manufac-
manufac- turing turing
turing
(19) (20) (21)
Number of returns 286 4,035 1,214
Number of shareholders 550 10,839 4,518
Income and deductions
from a trade or
business:
Total receipts(1) 1,781,157 20,304,732 13,106,905
Business receipts 1,776,249 20,136,836 12,987,061
Interest on
Government
obligations:
State and local (*)535 2,883 7,079
Net gain, noncapital
assets 174 25,620 37,912
Other receipts 4,200 139,394 74,854
Total deductions 1,643,681 18,750,535 12,202,547
Cost of goods sold 1,186,337 15,004,914 8,990,111
Compensation of
officers 56,270 408,797 348,248
Salaries and wages 127,642 969,606 964,139
Repairs 5,478 82,671 42,503
Bad debts 2,053 18,470 20,811
Rent paid on business
property 20,705 125,410 197,554
Taxes paid 33,800 378,156 245,997
Interest paid 29,961 169,749 148,361
Amortization 600 8,981 8,057
Depreciation 19,950 404,555 400,377
Depletion — (*)20,440 (*)327
Advertising 32,959 91,941 37,335
Pension, profit-
sharing, stock
bonus, and annuity
plans 4,108 82,050 60,444
Employee benefit
programs 21,161 178,814 134,076
Net loss, noncapital
assets 3 5,198 528
Other deductions 102,654 800,784 603,679
Total receipts less
total deductions 137,476 1,554,197 904,358
Net income (less deficit)
from a trade or
business 136,941 1,551,314 897,279
Net income 137,400 1,557,386 915,470
Deficit 459 6,072 (*)18,191
Portfolio income (less
deficit)
distributed to
shareholders 8,180 164,488 171,967
Dividend income (*)2,212 2,601 4,187
Interest income 5,035 56,283 42,025
Royalty income 27 (*)72 130
Net short-term
capital gain
(less loss) 23 14 1,278
Net long-term capital
gain (less loss) 884 105,517 124,347
Other portfolio
income (net) — (2) —
Real estate rental net
income (less
deficit) 44 10,059 739
Net income 53 10,410 1,727
Deficit 9 351 987
Net income (less deficit)
from other rental
activity — 3,851 (*)838
Net income — 4,009 (*)1,208
Deficit — 158 370
Total net income 145,165 1,729,712 1,070,824
Goods production
Manufacturing
Printing Petroleum
and and coal Chemical
Item related products manufac-
support manufac- turing
activities turing
(22) (23) (24)
Number of returns 12,453 326 2,477
Number of shareholders 20,595 645 9,551
Income and deductions
from a trade or
business:
Total receipts(1) 23,835,501 3,736,009 14,861,667
Business receipts 23,629,421 3,639,544 14,656,958
Interest on
Government
obligations:
State and local 4,657 (*)387 4,014
Net gain, noncapital
assets 68,965 33,819 35,270
Other receipts 132,458 62,260 165,424
Total deductions 21,970,059 3,459,704 13,570,140
Cost of goods sold 13,852,464 2,718,228 8,891,993
Compensation of
officers 1,098,554 64,344 478,227
Salaries and wages 2,210,683 1,265,918
Repairs 159,743 218,728 105,285
Bad debts 60,477 39,924 37,763
Rent paid on business 11,596
property 486,045 31,942 209,829
Taxes paid 606,578 44,898 277,163
Interest paid 283,736 37,158 150,522
Amortization 34,358 1,451 37,503
Depreciation 821,815 97,397 351,971
Depletion — 1,049 1,264
Advertising 219,798 15,969 232,492
Pension, profit-
sharing, stock
bonus, and annuity
plans 121,425 13,009 73,927
Employee benefit
programs 254,232 24,149 145,696
Net loss, noncapital
assets 1,282 1 1,159
Other deductions 1,758,868 139,862 1,309,429
Total receipts less
total deductions 1,865,441 276,305 1,291,526
Net income (less deficit)
from a trade or
business 1,860,784 275,918 1,287,512
Net income 1,895,057 275,918 1,334,063
Deficit (*)34,273 — 46,552
Portfolio income (less
deficit)
distributed to
shareholders 621,301 65,723 1,683,506
Dividend income 5,908 (*)471 8,590
Interest income 79,574 6,456 57,297
Royalty income 4 — 5,496
Net short-term
capital gain
(less loss) 1,959 (*)1,225 -24,125
Net long-term capital
gain (less loss) 533,857 57,572 1,636,104
Other portfolio
income (net) (2) — (*)145
Real estate rental net
income (less
deficit) -583 813 985
Net income 3,246 813 1,147
Deficit 3,830 — 161
Net income (less deficit)
from other rental
activity (*)4,270 (*)237 2,291
Net income (*)4,479 (*)237 2,500
Deficit 209 — 209
Total net income 2,485,772 342,692 2,974,295
Goods production
Manufacturing
Non-
Plastic metallic Primary
and rubber mineral metal
Item products products manufac-
manufac- manufac- turing
turing turing
(25) (26) (27)
Number of returns 5,026 3,551 2,155
Number of shareholders 13,883 6,936 5,365
Income and deductions
from a trade or
business:
Total receipts(1) 27,809,701 12,757,614 18,929,390
Business receipts 27,529,947 12,641,918 18,811,020
Interest on
Government
obligations:
State and local 10,795 3,457 1,284
Net gain, noncapital
assets 77,368 29,920 13,241
Other receipts 191,591 82,318 103,844
Total deductions 25,359,139 11,596,808 17,984,495
Cost of goods sold 18,507,445 7,971,707 15,042,381
Compensation of
officers 884,564 338,076 309,953
Salaries and wages 1,701,846 947,849 754,464
Repairs 125,199 116,926 105,254
Bad debts 37,837 27,318 9,334
Rent paid on business
property 279,662 225,993 93,965
Taxes paid 559,180 309,031 258,544
Interest paid 304,409 113,288 140,771
Amortization 22,184 12,265 8,813
Depreciation 888,545 440,450 329,120
Depletion 1,040 9,547 —
Advertising 157,633 110,431 23,295
Pension, profit-
sharing, stock
bonus, and annuity
plans 122,341 64,767 79,078
Employee benefit
programs 328,217 145,456 151,250
Net loss, noncapital
assets 5,142 (*)254 (*)1,237
Other deductions 1,433,895 763,450 677,036
Total receipts less
total deductions 2,450,561 1,160,806 944,895
Net income (less deficit)
from a trade or
business 2,439,767 1,157,349 943,611
Net income 2,455,844 1,158,665 946,443
Deficit 16,077 1,316 (*)2,832
Portfolio income (less
deficit)
distributed to
shareholders 195,960 51,754 76,149
Dividend income 9,573 1,882 3,460
Interest income 71,045 38,817 40,054
Royalty income 3,203 97 346
Net short-term
capital gain
(less loss) -178 663 2,473
Net long-term capital
gain (less loss) 112,241 10,246 29,890
Other portfolio
income (net) (*)76 50 -75
Real estate rental net
income (less
deficit) 7,444 6,419 6,044
Net income 7,882 6,541 6,098
Deficit 438 122 53
Net income (less deficit)
from other rental
activity 942 197 3,332
Net income (*)1,288 275 (*)3,518
Deficit 346 78 187
Total net income 2,644,113 1,215,719 1,029,135
Goods production
Manufacturing
Computer
Fabricated and elec-
metal Machinery tronic
Item products manufac- products
manufac- turing manufac-
turing turing
(28) (29) (30)
Number of returns 16,486 7,597 3,806
Number of shareholders 37,716 18,420 8,667
Income and deductions
from a trade or
business:
Total receipts(1) 65,116,277 24,114,832 16,720,085
Business receipts 64,454,638 23,891,419 16,643,428
Interest on
Government
obligations:
State and local 23,532 13,247 4,685
Net gain, noncapital
assets 164,543 41,039 14,618
Other receipts 473,563 169,128 57,354
Total deductions 58,853,217 21,765,141 15,054,002
Cost of goods sold 42,144,208 15,263,782 10,721,767
Compensation of
officers 2,768,899 995,048 585,566
Salaries and wages 4,248,972 1,794,362 1,471,948
Repairs 291,886 88,417 45,293
Bad debts 96,657 26,392 18,735
Rent paid on business
property 829,563 253,165 186,470
Taxes paid 1,498,774 531,104 284,150
Interest paid 623,786 261,400 100,743
Amortization 35,379 15,819 13,722
Depreciation 1,791,715 564,771 292,058
Depletion — — 106
Advertising 316,949 183,608 172,298
Pension, profit-
sharing, stock
bonus, and annuity
plans 410,403 161,699 86,975
Employee benefit
programs 867,973 330,233 115,681
Net loss, noncapital
assets 4,584 561 5,795
Other deductions 2,923,468 1,294,780 952,696
Total receipts less
total deductions 6,263,060 2,349,691 1,666,083
Net income (less deficit)
from a trade or
business 6,239,528 2,336,444 1,661,398
Net income 6,267,593 2,341,951 1,668,006
Deficit 28,065 5,507 (*)6,609
Portfolio income (less
deficit)
distributed to
shareholders 1,232,519 479,189 392,576
Dividend income 26,836 9,937 7,350
Interest income 197,003 91,830 50,456
Royalty income 2,974 8,858 2,497
Net short-term
capital gain
(less loss) 2,130 2,110 758
Net long-term capital
gain (less loss) 1,003,323 366,425 331,092
Other portfolio
income (net) 253 29 (*)423
Real estate rental net
income (less
deficit) 30,978 6,919 1,722
Net income 31,693 7,316 1,722
Deficit 715 397 —
Net income (less deficit)
from other rental
activity 15,109 13,861 (*)1,519
Net income 16,042 14,109 (*)1,520
Deficit (*)933 (*)248 (*)1
Total net income 7,518,133 2,836,414 2,057,214
Goods production
Manufacturing
Electrical
equipment, Transpor- Furniture
appliance, tation and
Item and equipment related
component manufac- products
manufac- turing manufac-
turing turing
(31) (32) (33)
Number of returns 2,866 3,514 4,037
Number of shareholders 6,058 7,820 8,662
Income and deductions
from a trade or
business:
Total receipts(1) 16,509,216 22,131,513 13,205,041
Business receipts 16,376,388 21,904,002 13,080,858
Interest on
Government
obligations:
State and local 7,094 11,115 807
Net gain, noncapital
assets 12,733 59,836 3,459
Other receipts 113,001 156,561 119,916
Total deductions 15,040,794 20,324,811 12,327,242
Cost of goods sold 10,621,026 16,195,416 8,941,853
Compensation of
officers 486,477 363,751 399,545
Salaries and wages 1,497,840 1,196,886 960,330
Repairs 66,438 63,132 50,245
Bad debts 22,620 18,586 28,216
Rent paid on business
property 151,421 157,319 180,237
Taxes paid 284,612 398,030 291,368
Interest paid 126,415 158,053 100,851
Amortization 9,582 14,046 3,981
Depreciation 284,834 373,468 190,831
Depletion 57 — —
Advertising 209,993 113,851 155,831
Pension, profit-
sharing, stock
bonus, and annuity
plans 82,783 73,694 39,752
Employee benefit
programs 199,860 266,686 125,932
Net loss, noncapital
assets 1,770 704 (*)681
Other deductions 995,068 931,190 857,588
Total receipts less
total deductions 1,468,422 1,806,702 877,799
Net income (less deficit)
from a trade or
business 1,461,328 1,795,588 876,992
Net income 1,477,438 1,833,849 877,927
Deficit 16,110 38,262 (*)935
Portfolio income (less
deficit)
distributed to
shareholders 123,504 815,555 29,756
Dividend income 6,021 10,333 1,401
Interest income 44,814 74,034 25,625
Royalty income 4,955 4,471 35
Net short-term
capital gain
(less loss) 3,245 -13 (*)167
Net long-term capital
gain (less loss) 64,482 726,718 1,954
Other portfolio
income (net) -14 11 574
Real estate rental net
income (less
deficit) 1,681 6,176 1,603
Net income 2,143 6,863 1,603
Deficit (*)462 687 —
Net income (less deficit)
from other rental
activity 2,178 7,918 —
Net income 2,178 8,443 —
Deficit — 525 —
Total net income 1,588,690 2,625,237 908,351
Goods Distribution and
production transportation of goods
Manufac- Wholesale and
turing retail trade
Miscella-
neous
Item manufac- Total Total
turing
(34) (35) (36)
Number of returns 13,095 353,067 300,746
Number of shareholders 27,199 651,187 562,886
Income and deductions
from a trade or
business:
Total receipts(1) 32,898,359 1,168,453,371 1,100,979,316
Business receipts 32,543,438 1,153,741,650 1,087,612,239
Interest on
Government
obligations:
State and local 7,179 152,260 140,212
Net gain, noncapital
assets 88,492 1,800,272 1,112,737
Other receipts 259,249 12,759,190 12,114,127
Total deductions 30,046,829 1,126,799,754 1,063,916,768
Cost of goods sold 20,185,550 889,356,213 862,406,191
Compensation of
officers 1,414,321 22,156,078 20,074,381
Salaries and wages 3,008,917 80,230,837 71,167,712
Repairs 165,757 5,064,135 3,833,637
Bad debts 63,826 1,637,771 1,514,128
Rent paid on business
property 491,299 18,684,393 15,061,750
Taxes paid 674,524 15,438,057 13,298,820
Interest paid 323,915 8,046,216 7,284,776
Amortization 41,134 562,695 522,539
Depreciation 515,353 10,275,772 7,622,411
Depletion 328 16,867 16,457
Advertising 434,647 10,107,820 9,916,340
Pension, profit-
sharing, stock
bonus, and annuity
plans 141,942 2,105,312 1,890,867
Employee benefit
programs 357,274 5,054,449 4,276,900
Net loss, noncapital
assets 1,511 36,971 35,132
Other deductions 2,226,530 58,026,169 44,994,728
Total receipts less
total deductions 2,851,530 41,653,618 37,062,548
Net income (less deficit)
from a trade or
business 2,844,351 41,601,358 36,922,335
Net income 2,904,562 42,230,649 37,617,940
Deficit 60,211 729,291 695,605
Portfolio income (less
deficit)
distributed to
shareholders 617,710 8,288,157 7,846,174
Dividend income 15,939 217,884 195,943
Interest income 95,697 1,900,622 1,716,773
Royalty income 5,241 114,625 114,215
Net short-term
capital gain
(less loss) -4,095 46,417 29,001
Net long-term capital
gain (less loss) 504,920 5,998,434 5,781,213
Other portfolio
income (net) 7 10,174 9,030
Real estate rental net
income (less
deficit) 8,732 351,714 312,474
Net income 8,871 380,954 341,363
Deficit 139 29,239 28,889
Net income (less deficit)
from other rental
activity 2,219 207,041 138,690
Net income 2,360 216,285 143,200
Deficit 141 9,245 4,509
Total net income 3,473,012 50,348,270 45,219,674
Distribution and transportation of goods
Wholesale and retail trade
Wholesale trade
Durable Nondurable
Item Total goods goods
(37) (38) (39)
Number of returns 96,734 56,621 40,113
Number of shareholders 196,374 114,839 81,535
Income and deductions
from a trade or
business:
Total receipts(1) 479,215,541 230,534,726 248,680,815
Business receipts 474,340,877 227,934,189 246,406,688
Interest on
Government
obligations:
State and local 90,788 38,294 52,495
Net gain, noncapital
assets 620,454 274,009 346,446
Other receipts 4,163,422 2,288,235 1,875,187
Total deductions 460,445,356 219,104,326 241,341,031
Cost of goods sold 376,089,960 174,296,581 201,793,379
Compensation of
officers 10,230,721 5,813,728 4,416,993
Salaries and wages 29,234,903 15,990,646 13,244,257
Repairs 1,580,787 724,307 856,480
Bad debts 805,558 493,911 311,647
Rent paid on business
property 4,777,378 2,520,670 2,256,708
Taxes paid 5,834,738 2,446,921 3,387,817
Interest paid 3,308,021 1,773,916 1,534,105
Amortization 234,794 69,918 164,876
Depreciation 3,433,785 1,909,280 1,524,505
Depletion 7,435 (*)5,825 1,609
Advertising 2,343,025 1,226,169 1,116,857
Pension, profit-
sharing, stock
bonus, and annuity
plans 1,127,568 669,723 457,845
Employee benefit
programs 1,837,567 1,069,241 768,326
Net loss, noncapital
assets 15,690 5,133 10,557
Other deductions 19,583,425 10,088,356 9,495,069
Total receipts less
total deductions 18,770,185 11,430,400 7,339,785
Net income (less deficit)
from a trade or
business 18,679,397 11,392,107 7,287,290
Net income 19,094,276 11,541,464 7,552,812
Deficit 414,880 149,358 265,522
Portfolio income (less
deficit)
distributed to
shareholders 3,936,637 1,779,942 2,156,695
Dividend income 101,980 50,548 51,432
Interest income 810,022 442,475 367,548
Royalty income 70,598 34,579 36,019
Net short-term
capital gain
(less loss) 1,470 -550 2,020
Net long-term capital
gain (less loss) 2,946,279 1,247,146 1,699,133
Other portfolio
income (net) 6,287 5,745 542
Real estate rental net
income (less
deficit) 147,438 55,323 92,115
Net income 160,139 60,301 99,839
Deficit 12,702 4,977 7,724
Net income (less deficit)
from other rental
activity 78,744 66,405 12,339
Net income 80,190 67,420 12,770
Deficit 1,446 (*)1,015 (*)430
Total net income 22,842,215 13,293,776 9,548,439
Distribution and
transportation of goods
Wholesale and retail trade
Retail trade
Motor Furniture
vehicle and home
Item Total and parts furnish-
dealers ings
(40) (41) (42)
Number of returns 203,596 29,422 12,918
Number of shareholders 366,015 53,153 24,217
Income and deductions
from a trade or
business:
Total receipts(1) 621,372,875 328,234,248 25,254,113
Business receipts 612,891,452 323,167,445 24,988,355
Interest on
Government
obligations:
State and local 49,424 12,443 4,313
Net gain, noncapital
assets 486,622 193,436 3,408
Other receipts 7,945,377 4,860,923 258,037
Total deductions 603,099,254 322,669,546 24,032,568
Cost of goods sold 486,070,228 282,700,768 15,583,595
Compensation of
officers 9,840,934 3,025,932 786,912
Salaries and wages 41,913,428 15,360,468 2,696,190
Repairs 2,250,723 676,163 137,428
Bad debts 708,451 202,308 59,911
Rent paid on business
property 10,277,064 2,662,059 981,361
Taxes paid 7,460,052 2,524,964 507,169
Interest paid 3,972,289 2,084,990 132,277
Amortization 287,627 73,149 10,271
Depreciation 4,186,091 1,290,738 178,320
Depletion (*)9,022 (*)1,336 —
Advertising 7,562,536 3,097,286 927,186
Pension, profit-
sharing, stock
bonus, and annuity
plans 763,095 206,880 59,943
Employee benefit
programs 2,431,988 1,077,278 126,336
Net loss, noncapital
assets 19,442 6,666 (*)2,239
Other deductions 25,346,283 7,678,564 1,843,429
Total receipts less
total deductions 18,273,621 5,564,701 1,221,545
Net income (less deficit)
from a trade or
business 18,224,197 5,552,258 1,217,232
Net income 18,503,780 5,625,328 1,241,369
Deficit 279,583 73,070 (*)24,137
Portfolio income (less
deficit)
distributed to
shareholders 3,907,102 1,109,356 206,179
Dividend income 93,939 13,235 7,379
Interest income 904,480 369,478 67,267
Royalty income 43,617 (*)258 1,218
Net short-term
capital gain
(less loss) 27,389 13,036 -595
Net long-term capital
gain (less loss) 2,834,934 712,157 130,894
Other portfolio
income (net) 2,743 (*)1,193 (*)17
Real estate rental net
income (less
deficit) 164,293 42,386 3,655
Net income 180,480 45,016 3,655
Deficit 16,187 2,630 —
Net income (less deficit)
from other rental
activity 60,016 27,765 (*)21,304
Net income 63,010 30,009 (*)21,304
Deficit 2,994 2,244 —
Total net income 22,355,608 6,731,765 1,448,370
Distribution and
transportation of goods
Wholesale and retail trade
Retail trade
Building
material
Electro- and garden Food
Item nics and equipment and
appliance and beverage
supplies
dealers
(43) (44) (45)
Number of returns 10,045 13,669 32,732
Number of shareholders 16,948 29,065 61,715
Income and deductions
from a trade or
business:
Total receipts(1) 18,621,776 35,198,619 70,644,422
Business receipts 18,329,937 34,952,643 69,734,655
Interest on
Government
obligations:
State and local 4,588 1,738 11,846
Net gain, noncapital
assets 18,894 30,658 64,189
Other receipts 268,357 213,580 833,731
Total deductions 17,699,967 33,669,650 68,460,497
Cost of goods sold 13,156,347 25,003,175 51,632,265
Compensation of
officers 494,372 941,053 1,064,252
Salaries and wages 1,826,113 3,211,948 6,244,728
Repairs 45,898 178,517 523,731
Bad debts 28,285 90,620 59,273
Rent paid on business
property 334,903 610,120 1,660,304
Taxes paid 295,847 624,352 1,185,568
Interest paid 80,756 306,014 353,533
Amortization 11,107 12,770 66,717
Depreciation 119,778 368,088 748,798
Depletion — 5,606 (*)2,080
Advertising 221,242 291,122 667,373
Pension, profit-
sharing, stock
bonus, and annuity
plans 40,991 88,410 127,422
Employee benefit
programs 67,329 193,278 434,734
Net loss, noncapital
assets (*)1,649 729 2,512
Other deductions 975,351 1,743,849 3,687,208
Total receipts less
total deductions 921,808 1,528,969 2,183,925
Net income (less deficit)
from a trade or
business 917,220 1,527,231 2,172,079
Net income 921,755 1,533,821 2,216,386
Deficit (*)4,534 (*)6,590 44,307
Portfolio income (less
deficit)
distributed to
shareholders 487,079 107,171 364,849
Dividend income 3,800 17,816 18,069
Interest income 30,320 67,198 166,423
Royalty income — 86 529
Net short-term
capital gain
(less loss) 12,003 3,722 -705
Net long-term capital
gain (less loss) 440,956 18,350 180,487
Other portfolio
income (net) — — 46
Real estate rental net
income (less
deficit) (*)1,774 7,333 44,061
Net income (*)1,809 7,897 45,359
Deficit 34 564 (*)1,299
Net income (less deficit)
from other rental
activity (*)176 1,994 (*)1,068
Net income (*)176 2,546 (*)1,068
Deficit — 552 —
Total net income 1,406,250 1,643,728 2,582,057
Distribution and
transportation of goods
Wholesale and retail trade
Retail trade
Clothing
Health and Gasoline and cloth-
Item personal stations ing acces-
care sories
(46) (47) (48)
Number of returns 12,830 13,385 15,271
Number of shareholders 19,765 24,481 26,022
Income and deductions
from a trade or
business:
Total receipts(1) 17,772,800 39,262,806 13,099,657
Business receipts 17,667,341 38,987,159 13,014,697
Interest on
Government
obligations:
State and local (*)2,044 919 2,633
Net gain, noncapital
assets 11,655 7,749 (*)8,168
Other receipts 91,760 266,980 74,159
Total deductions 16,817,511 38,484,042 12,343,121
Cost of goods sold 11,816,969 32,562,813 7,733,157
Compensation of
officers 641,204 311,269 478,496
Salaries and wages 1,921,397 2,083,770 1,424,041
Repairs 53,618 214,937 50,770
Bad debts 47,493 17,398 30,522
Rent paid on business
property 461,359 559,992 716,914
Taxes paid 271,129 500,712 262,034
Interest paid 75,001 252,371 97,273
Amortization 16,451 26,199 6,432
Depreciation 99,061 469,212 86,523
Depletion — — —
Advertising 275,838 80,539 313,854
Pension, profit-
sharing, stock
bonus, and annuity
plans 40,009 22,230 38,542
Employee benefit
programs 90,825 76,369 45,264
Net loss, noncapital
assets 72 (*)1,684 1,555
Other deductions 1,007,087 1,304,548 1,057,743
Total receipts less
total deductions 955,289 778,764 756,536
Net income (less deficit)
from a trade or
business 953,245 777,845 753,904
Net income 954,533 800,103 784,956
Deficit (*)1,288 22,258 (*)31,052
Portfolio income (less
deficit)
distributed to
shareholders 59,275 276,625 121,861
Dividend income 2,455 2,089 2,125
Interest income 22,785 55,692 18,113
Royalty income — 373 4,463
Net short-term
capital gain
(less loss) (*)-614 -672 (*)-289
Net long-term capital
gain (less loss) 34,649 219,053 97,450
Other portfolio
income (net) — (*)90 —
Real estate rental net
income (less
deficit) (*)6,420 23,344 664
Net income (*)6,827 23,968 788
Deficit (*)406 (*)624 124
Net income (less deficit)
from other rental
activity 10 5,435 (*)51
Net income 10 5,435 225
Deficit — — (*)174
Total net income 1,018,951 1,083,250 876,479
Distribution and transportation
of goods
Wholesale and rental trade
Retail trade
Sporting
goods, General Miscella-
Item hobby, merchan- neous
book and dise store
music retailers
(49) (50) (51)
Number of returns 9,393 4,096 36,367
Number of shareholders 17,574 7,855 63,189
Income and deductions
from a trade or
business:
Total receipts(1) 9,992,765 7,038,574 37,596,959
Business receipts 9,785,689 6,935,505 36,917,931
Interest on
Government
obligations:
State and local (*)458 (*)1,202 4,500
Net gain, noncapital
assets (*)37,735 6,490 57,325
Other receipts 168,883 95,376 617,204
Total deductions 9,478,563 6,687,251 35,394,101
Cost of goods sold 6,241,558 4,535,139 24,186,779
Compensation of
officers 268,644 141,962 1,222,943
Salaries and wages 943,563 804,454 3,550,394
Repairs 42,122 35,942 201,331
Bad debts 20,974 8,696 37,265
Rent paid on business
property 459,035 239,366 1,334,518
Taxes paid 179,957 123,608 658,191
Interest paid 93,246 56,161 314,008
Amortization 3,934 5,405 27,140
Depreciation 95,163 67,845 390,028
Depletion — — —
Advertising 171,251 182,934 425,432
Pension, profit-
sharing, stock
bonus, and annuity
plans 15,699 11,440 63,463
Employee benefit
programs 36,923 27,561 138,678
Net loss, noncapital
assets (*)629 (*)271 1,162
Other deductions 905,867 446,466 2,842,769
Total receipts less
total deductions 514,202 351,323 2,202,858
Net income (less deficit)
from a trade or
business 513,744 350,121 2,198,359
Net income 547,395 351,692 2,226,504
Deficit (*)33,651 1,571 28,146
Portfolio income (less
deficit)
distributed to
shareholders 667,727 11,824 227,013
Dividend income 2,986 (*)991 21,638
Interest income 11,620 8,049 50,440
Royalty income 1,150 — (*)30,263
Net short-term
capital gain
(less loss) (*)-456 2,512 193
Net long-term capital
gain (less loss) (*)652,427 (*)272 123,154
Other portfolio
income (net) — — (*)1,324
Real estate rental net
income (less
deficit) (*)118 2,812 17,325
Net income (*)768 5,528 24,158
Deficit (*)650 (*)2,716 (*)6,834
Net income (less deficit)
from other rental
activity 59 69 (*)2,101
Net income 59 69 (*)2,101
Deficit — — —
Total net income 1,181,648 364,827 2,444,797
Distribution and
transportation of goods
Wholesale and
rental trade
Transpor-
Retail tation and
trade ware-
housing
Wholesale
Nonstore and retail
Item retailers trade not Total
allocable
(52) (53) (54)
Number of returns 13,468 416 52,321
Number of shareholders 22,031 497 88,301
Income and deductions
from a trade or
business:
Total receipts(1) 18,656,139 390,900 67,474,056
Business receipts 18,410,096 379,911 66,129,410
Interest on
Government
obligations:
State and local 2,742 — 12,047
Net gain, noncapital
assets 46,914 (*)5,661 687,534
Other receipts 196,386 (*)5,328 645,063
Total deductions 17,362,437 372,158 62,882,986
Cost of goods sold 10,917,664 (*)246,003 26,950,021
Compensation of
officers 463,895 (*)2,726 2,081,697
Salaries and wages 1,846,363 19,381 9,063,125
Repairs 90,266 (*)2,126 1,230,498
Bad debts 105,707 118 123,643
Rent paid on business
property 257,134 7,309 3,622,642
Taxes paid 326,521 4,030 2,139,237
Interest paid 126,659 (*)4,465 761,441
Amortization 28,052 (*)118 40,156
Depreciation 272,538 2,534 2,653,361
Depletion — — 410
Advertising 908,480 (*)10,779 191,480
Pension, profit-
sharing, stock
bonus, and annuity
plans 48,069 204 214,445
Employee benefit
programs 117,413 (*)7,345 777,549
Net loss, noncapital
assets 276 — 1,839
Other deductions 1,853,400 65,020 13,031,441
Total receipts less
total deductions 1,293,702 18,742 4,591,070
Net income (less deficit)
from a trade or
business 1,290,960 18,742 4,579,022
Net income 1,299,937 (*)19,884 4,612,709
Deficit (*)8,977 1,143 33,686
Portfolio income (less
deficit)
distributed to
shareholders 268,142 2,435 441,983
Dividend income 1,358 23 21,942
Interest income 37,095 2,270 183,850
Royalty income 5,277 — 410
Net short-term
capital gain
(less loss) (*)-745 (*)142 17,417
Net long-term capital
gain (less loss) 225,084 — 217,221
Other portfolio
income (net) 73 — 1,145
Real estate rental net
income (less
deficit) 14,401 (*)744 39,240
Net income 14,707 (*)744 39,591
Deficit 306 — 351
Net income (less deficit)
from other rental
activity (*)-17 -70 68,350
Net income (*)7 — 73,086
Deficit 24 70 4,736
Total net income 1,573,486 21,851 5,128,596
Distribution and
transportation of goods
Transportation and warehousing
Transit
Air, and
rail, and Truck ground
Item water transpor- passenger
transpor- tation transpor-
tation tation
(55) (56) (57)
Number of returns 3,421 27,112 5,786
Number of shareholders 4,672 47,970 6,985
Income and deductions
from a trade or
business:
Total receipts(1) 5,226,452 33,821,720 3,311,288
Business receipts 4,912,332 33,161,785 3,274,203
Interest on
Government
obligations:
State and local 1,519 6,055 (*)53
Net gain, noncapital
assets 232,876 391,806 17,137
Other receipts 79,724 262,074 19,895
Total deductions 4,637,004 31,521,020 3,119,406
Cost of goods sold 2,292,943 10,069,642 787,931
Compensation of
officers 75,788 1,010,693 124,891
Salaries and wages 535,179 5,513,016 704,672
Repairs 161,835 824,432 96,074
Bad debts 9,988 46,271 4,986
Rent paid on business
property 212,046 2,301,524 187,961
Taxes paid 104,214 1,442,842 150,614
Interest paid 127,290 395,744 70,827
Amortization 5,757 22,961 625
Depreciation 311,990 1,735,463 191,502
Depletion — 104 306
Advertising 18,327 71,654 19,568
Pension, profit-
sharing, stock
bonus, and annuity
plans 15,290 109,363 14,499
Employee benefit
programs 50,836 507,569 49,691
Net loss, noncapital
assets 23 115 1,328
Other deductions 715,498 7,469,627 713,932
Total receipts less
total deductions 589,448 2,300,700 191,882
Net income (less deficit)
from a trade or
business 587,928 2,294,645 191,829
Net income 594,284 2,299,505 197,089
Deficit (*)6,356 4,860 (*)5,260
Portfolio income (less
deficit)
distributed to
shareholders 85,983 199,967 30,285
Dividend income 4,577 7,352 2,140
Interest income 40,597 64,488 11,723
Royalty income 402 6 —
Net short-term
capital gain
(less loss) (*)14,945 -429 (*)205
Net long-term capital
gain (less loss) 25,455 127,939 15,739
Other portfolio
income (net) 7 610 (*)479
Real estate rental net
income (less
deficit) 3,230 12,229 433
Net income (*)3,246 12,453 476
Deficit 16 223 44
Net income (less deficit)
from other rental
activity 52,466 837 (*)5,564
Net income 54,864 2,116 (*)5,695
Deficit 2,399 1,279 130
Total net income 729,607 2,507,678 228,111
Distribution and transportation goods
Transportation and warehousing
Other
trans- Ware-
Pipeline portation housing
Item transpor- and and
tation support storage
activities
(58) (59) (60)
Number of returns (*)19 14,115 1,867
Number of shareholders (*)63 23,174 5,447
Income and deductions
from a trade or
business:
Total receipts(1) (*)103,869 20,599,141 4,411,587
Business receipts (*)97,232 20,403,027 4,280,832
Interest on
Government
obligations:
State and local (*)82 3,216 1,122
Net gain, noncapital
assets (*)20 18,582 27,114
Other receipts (*)6,535 174,316 102,520
Total deductions (*)85,266 19,495,017 4,025,274
Cost of goods sold (*)9,108 12,321,130 1,469,268
Compensation of
officers (*)187 737,964 132,173
Salaries and wages (*)342 1,527,709 782,207
Repairs (*)98 88,892 59,168
Bad debts — 58,498 3,900
Rent paid on business
property (*)1,928 404,839 514,345
Taxes paid (*)1,369 282,408 157,791
Interest paid (*)4,159 93,351 70,070
Amortization (*)3,379 3,935 3,498
Depreciation (*)3,630 283,422 127,353
Depletion — — —
Advertising — 73,584 8,348
Pension, profit-
sharing, stock
bonus, and annuity
plans — 38,693 36,599
Employee benefit
programs — 95,336 74,118
Net loss, noncapital
assets — 99 (*)275
Other deductions (*)61,066 3,485,158 586,160
Total receipts less
total deductions (*)18,603 1,104,124 386,313
Net income (less deficit)
from a trade or
business (*)18,521 1,100,908 385,191
Net income (*)18,521 1,113,815 389,495
Deficit — (*)12,907 (*)4,304
Portfolio income (less
deficit)
distributed to
shareholders (*)2,394 53,022 70,333
Dividend income (*)5 5,861 2,008
Interest income (*)1,363 37,493 28,185
Royalty income — — 1
Net short-term
capital gain
(less loss) — 2,228 468
Net long-term capital
gain (less loss) (*)1,025 7,397 39,665
Other portfolio
income (net) — 43 5
Real estate rental net
income (less
deficit) — 1,384 21,964
Net income — (*)1,433 21,983
Deficit — 48 19
Net income (less deficit)
from other rental
activity (*)10 6,805 (*)2,668
Net income (*)10 7,624 (*)2,777
Deficit — 819 109
Total net income (*)20,925 1,162,119 480,156
Information
Motion
picture
Publishing and sound
Item Total industries recording
indus-
tries
(61) (62) (63)
Number of returns 29,469 9,039 6,790
Number of shareholders 60,589 21,401 10,611
Income and deductions
from a trade or
business:
Total receipts(1) 40,490,354 16,814,221 6,913,551
Business receipts 38,570,064 16,157,309 6,510,461
Interest on
Government
obligations:
State and local 42,695 17,295 8,871
Net gain, noncapital
assets 272,165 54,326 1,978
Other receipts 1,605,431 585,290 392,240
Total deductions 35,154,942 14,595,315 6,098,048
Cost of goods sold 13,593,982 5,630,465 2,508,667
Compensation of
officers 2,744,994 936,674 927,329
Salaries and wages 6,158,394 2,781,904 481,710
Repairs 242,025 73,233 44,541
Bad debts 173,352 63,384 11,949
Rent paid on business
property 824,620 289,299 172,170
Taxes paid 980,871 390,498 129,227
Interest paid 515,958 152,095 47,282
Amortization 349,279 98,323 108,780
Depreciation 988,362 284,189 230,596
Depletion — — —
Advertising 587,414 299,282 46,319
Pension, profit-
sharing, stock
bonus, and annuity
plans 366,590 226,143 51,649
Employee benefit
programs 344,785 213,271 21,060
Net loss, noncapital
assets 6,792 404 48
Other deductions 7,277,524 3,156,152 1,316,721
Total receipts less
total deductions 5,335,413 2,218,906 815,503
Net income (less deficit)
from a trade or
business 5,292,718 2,201,611 806,631
Net income 5,549,495 2,299,131 829,642
Deficit 256,778 97,520 (*)23,010
Portfolio income (less
deficit)
distributed to
shareholders 2,512,391 842,587 285,926
Dividend income 60,971 35,086 9,046
Interest income 267,309 99,362 34,401
Royalty income 2,447 1,219 58
Net short-term
capital gain
(less loss) -51,311 -63,037 15,279
Net long-term capital
gain (less loss) 2,225,001 769,461 224,605
Other portfolio
income (net) 7,974 (*)496 (*)2,536
Real estate rental net
income (less
deficit) 41,080 6,745 18,414
Net income 41,822 7,225 18,420
Deficit 742 480 6
Net income (less deficit)
from other rental
activity 7,159 1,558 (*)1,068
Net income 7,279 1,559 (*)1,128
Deficit (*)119 (*)1 (*)60
Total net income 7,853,348 3,052,501 1,112,039
Finance,
insurance,
Information real estate,
and rental
and leasing
Broad-
casting Informa-
Item and tele- tion Total
communi- services
cations
(64) (65) (66)
Number of returns 9,699 3,941 261,430
Number of shareholders 21,406 7,172 579,358
Income and deductions
from a trade or
business:
Total receipts(1) 12,855,559 3,907,024 105,451,914
Business receipts 12,366,131 3,536,162 98,059,066
Interest on
Government
obligations:
State and local 15,683 845 157,879
Net gain, noncapital
assets 215,229 (*)631 818,367
Other receipts 258,515 369,386 6,416,602
Total deductions 11,269,230 3,192,349 90,790,410
Cost of goods sold 4,342,906 1,111,945 21,388,796
Compensation of
officers 565,811 315,179 10,534,257
Salaries and wages 2,175,018 719,762 25,131,037
Repairs 102,883 21,368 837,409
Bad debts 96,941 (*)1,078 441,540
Rent paid on business
property 284,671 78,480 3,214,469
Taxes paid 355,678 105,468 2,758,997
Interest paid 281,234 35,347 3,506,698
Amortization 132,014 10,162 160,685
Depreciation 431,195 42,382 2,800,178
Depletion — — 1,983
Advertising 216,043 25,770 1,489,502
Pension, profit-
sharing, stock
bonus, and annuity
plans 63,575 25,223 724,181
Employee benefit
programs 82,020 28,435 911,120
Net loss, noncapital
assets 6,337 3 40,210
Other deductions 2,132,904 671,747 16,849,349
Total receipts less
total deductions 1,586,329 714,675 14,661,504
Net income (less deficit)
from a trade or
business 1,570,645 713,830 14,503,625
Net income 1,706,892 713,830 16,250,062
Deficit 136,247 — 1,746,436
Portfolio income (less
deficit)
distributed to
shareholders 1,332,759 51,119 12,947,897
Dividend income 14,683 (*)2,155 417,281
Interest income 119,963 13,583 2,346,455
Royalty income 972 198 64,119
Net short-term
capital gain
(less loss) -3,251 (*)-302 693,658
Net long-term capital
gain (less loss) 1,195,451 (*)35,484 9,344,196
Other portfolio
income (net) (*)4,942 — 82,188
Real estate rental net
income (less
deficit) 7,409 8,512 4,901,332
Net income 7,637 8,540 5,051,801
Deficit 227 28 150,469
Net income (less deficit)
from other rental
activity 4,317 216 730,842
Net income 4,317 274 747,073
Deficit — 59 16,231
Total net income 2,915,131 773,677 33,083,696
Finance, insurance, real estate, and
rental and leasing
Finance and insurance
Non-
Deposito- depository
ry credit credit
Item Total inter- interme-
mediation diation
(67) (68) (69)
Number of returns 72,976 295 12,957
Number of shareholders 138,883 5,022 24,640
Income and deductions
from a trade or
business:
Total receipts(1) 57,501,793 1,958,667 12,389,506
Business receipts 52,742,158 670,159 11,235,289
Interest on
Government
obligations:
State and local 125,470 48,107 6,403
Net gain, noncapital
assets 169,885 59,467 83,767
Other receipts 4,464,280 1,180,935 1,064,047
Total deductions 49,012,813 1,452,219 10,632,392
Cost of goods sold 8,401,284 — 2,446,817
Compensation of
officers 7,830,600 107,542 591,164
Salaries and wages 14,315,638 203,496 2,900,394
Repairs 252,167 14,292 58,800
Bad debts 346,975 35,011 256,260
Rent paid on business
property 1,501,030 16,753 336,373
Taxes paid 1,457,286 46,055 321,494
Interest paid 2,441,373 741,335 852,605
Amortization 105,223 2,826 34,046
Depreciation 551,379 30,346 110,223
Depletion 257 3 77
Advertising 639,956 24,939 280,351
Pension, profit-
sharing, stock
bonus, and annuity
plans 506,928 9,384 44,424
Employee benefit
programs 537,685 24,766 62,874
Net loss, noncapital
assets 11,511 2,381 2,781
Other deductions 10,113,522 193,088 2,333,709
Total receipts less
total deductions 8,488,980 506,449 1,757,115
Net income (less deficit)
from a trade or 8,363,510 458,342 1,750,712
business
Net income 9,532,796 459,404 1,884,976
Deficit 1,169,286 1,062 134,264
Portfolio income (less
deficit)
distributed to
shareholders 5,927,109 27,938 792,771
Dividend income 257,698 1,996 2,852
Interest income 1,178,343 17,890 172,046
Royalty income 5,281 67 (*)186
Net short-term
capital gain
(less loss) 567,599 -35 1,519
Net long-term capital
gain (less loss) 3,872,300 8,016 615,997
Other portfolio
income (net) 45,888 3 171
Real estate rental net
income (less
deficit) 38,592 5,087 631
Net income 59,752 6,110 7,875
Deficit 21,160 1,023 7,245
Net income (less deficit)
from other rental
activity 8,948 -374 -308
Net income 11,326 125 1,057
Deficit 2,378 499 (*)1,365
Total net income 14,338,159 490,992 2,543,805
Finance, insurance, real estate, and
rental and leasing
Finance and insurance
Securities
commodity
contracts, Insurance Funds,
other carriers trusts,
Item financial and rela- and other
invest- ted acti- financial
ments and activities vehicles
related
activities
(70) (71) (72)
Number of returns 22,169 37,029 526
Number of shareholders 44,272 63,140 1,809
Income and deductions
from a trade or
business:
Total receipts(1) 20,852,094 21,935,661 365,865
Business receipts 18,904,285 21,635,407 297,018
Interest on
Government
obligations:
State and local 57,034 11,980 (*)1,946
Net gain, noncapital
assets 23,084 3,521 47
Other receipts 1,867,691 284,752 66,854
Total deductions 17,378,180 19,302,414 247,609
Cost of goods sold 1,843,605 4,028,200 (*)82,663
Compensation of
officers 4,214,494 2,901,816 15,584
Salaries and wages 4,923,082 6,253,276 35,390
Repairs 54,794 123,105 1,175
Bad debts 19,604 35,625 476
Rent paid on business
property 465,307 672,723 9,874
Taxes paid 515,558 564,806 9,374
Interest paid 660,852 167,129 19,451
Amortization 14,221 53,918 213
Depreciation 176,649 225,713 8,448
Depletion 176 — —
Advertising 128,863 201,089 (*)4,715
Pension, profit-
sharing, stock
bonus, and annuity
plans 244,502 199,032 (*)9,585
Employee benefit
programs 163,369 284,240 (*)2,436
Net loss, noncapital
assets 4,784 1,564 —
Other deductions 3,948,320 3,590,179 48,226
Total receipts less
total deductions 3,473,915 2,633,247 118,255
Net income (less deficit)
from a trade or 3,416,880 2,621,266 116,310
business
Net income 4,430,577 2,636,915 120,925
Deficit 1,013,696 15,648 4,615
Portfolio income (less
deficit)
distributed to
shareholders 4,372,434 566,629 167,337
Dividend income 194,908 51,727 6,214
Interest income 818,498 158,101 11,809
Royalty income 5,028 — —
Net short-term
capital gain
(less loss) 555,195 -2,956 13,877
Net long-term capital
gain (less loss) 2,757,685 355,169 135,433
Other portfolio
income (net) 41,120 (*)4,589 5
Real estate rental net
income (less
deficit) 28,565 3,961 348
Net income 40,296 5,003 468
Deficit 11,730 1,042 120
Net income (less deficit)
from other rental
activity 9,113 (*)678 -161
Net income 9,231 (*)678 236
Deficit 118 — 396
Total net income 7,826,993 3,192,534 283,834
Finance, insurance, real estate,
rental and leasing
Real estate and rental and leasing
Rental and
Item Total Real leasing
estate services
(73) (74) (75)
Number of returns 188,454 172,771 15,199
Number of shareholders 440,475 407,106 31,219
Income and deductions
from a trade or
business:
Total receipts(1) 47,950,121 34,670,719 13,212,189
Business receipts 45,316,908 32,787,695 12,474,697
Interest on
Government
obligations:
State and local 32,408 30,705 1,703
Net gain, noncapital
assets 648,482 250,927 397,524
Other receipts 1,952,322 1,601,391 338,264
Total deductions 41,777,597 29,782,176 11,954,804
Cost of goods sold 12,987,511 7,951,129 5,031,193
Compensation of
officers 2,703,657 2,320,351 379,689
Salaries and wages 10,815,399 9,265,520 1,543,035
Repairs 585,242 316,042 268,459
Bad debts 94,565 50,113 44,227
Rent paid on business
property 1,713,440 1,128,503 582,893
Taxes paid 1,301,711 947,717 352,912
Interest paid 1,065,325 673,204 388,997
Amortization 55,462 44,371 8,111
Depreciation 2,248,799 461,280 1,786,472
Depletion 1,726 1,710 17
Advertising 849,546 675,061 173,835
Pension, profit-
sharing, stock
bonus, and annuity
plans 217,253 171,019 45,032
Employee benefit
programs 373,436 276,478 96,755
Net loss, noncapital
assets 28,700 2,134 26,566
Other deductions 6,735,826 5,497,545 1,226,611
Total receipts less
total deductions 6,172,624 4,888,543 1,257,385
Net income (less deficit)
from a trade or
business 6,140,116 4,857,838 1,255,682
Net income 6,717,266 5,352,560 1,338,110
Deficit 577,150 494,722 82,428
Portfolio income (less
deficit)
distributed to
shareholders 7,020,788 6,068,937 928,262
Dividend income 159,584 153,993 5,328
Interest income 1,168,112 1,104,677 59,756
Royalty income 58,838 31,777 (*)17,818
Net short-term
capital gain
(less loss) 126,059 124,618 1,442
Net long-term capital
gain (less loss) 5,471,895 4,625,632 843,445
Other portfolio
income (net) 36,300 28,239 (*)472
Real estate rental net
income (less
deficit) 4,862,740 4,810,781 51,608
Net income 4,992,049 4,936,972 54,725
Deficit 129,309 126,191 (*)3,117
Net income (less deficit)
from other rental
activity 721,893 44,331 677,562
Net income 735,747 47,953 687,794
Deficit 13,853 3,622 (*)10,232
Total net income 18,745,637 15,781,887 2,913,114
Finance,
insu-
rance,
real Professional and business
estate, services
rental
and
leasing
Real
estate Professional,
and scientific,
rental and technical
and services
leasing
Lessors
of nonfi-
nancial
Item intangi- Total Total
ble
assets
(76) (77) (78)
Number of returns 484 348,433 258,951
Number of shareholders 2,150 553,554 394,126
Income and deductions
from a trade or
business:
Total receipts(1) (*)67,214 231,882,102 149,525,160
Business receipts (*)54,517 223,572,488 146,814,126
Interest on
Government
obligations:
State and local — 228,980 29,353
Net gain, noncapital
assets 30 480,286 316,860
Other receipts 12,666 7,600,348 2,364,821
Total deductions (*)40,617 205,752,968 130,900,377
Cost of goods sold 5,190 79,514,323 45,764,956
Compensation of
officers 3,617 20,793,538 16,538,710
Salaries and wages 6,843 42,381,835 26,235,139
Repairs 742 1,256,764 684,618
Bad debts 225 412,090 196,886
Rent paid on business
property 2,044 6,078,435 4,568,760
Taxes paid 1,081 7,382,620 4,624,217
Interest paid 3,125 3,601,240 819,419
Amortization 2,980 235,319 134,062
Depreciation 1,047 2,914,572 1,736,283
Depletion — 1,973 (*)40
Advertising 650 2,024,052 1,399,665
Pension, profit-
sharing, stock
bonus, and annuity
plans 1,202 1,770,123 1,480,065
Employee benefit
programs 203 2,373,167 1,508,739
Net loss, noncapital
assets — 34,060 26,567
Other deductions (*)11,670 34,978,859 25,182,251
Total receipts less
total deductions (*)26,596 26,129,134 18,624,784
Net income (less deficit)
from a trade or
business (*)26,596 25,900,154 18,595,431
Net income (*)26,596 26,385,362 18,936,552
Deficit — 485,208 341,122
Portfolio income (less
deficit)
distributed to
shareholders (*)23,589 10,749,771 5,492,688
Dividend income (*)262 307,112 114,303
Interest income (*)3,678 1,126,872 623,500
Royalty income (*)9,242 81,660 43,472
Net short-term
capital gain
(less loss) -2 25,753 107,649
Net long-term capital
gain (less loss) (*)2,819 9,207,243 4,603,949
Other portfolio
income (net) (*)7,589 1,131 -186
Real estate rental net
income (less
deficit) 352 111,443 84,951
Net income 352 130,356 92,127
Deficit — 18,914 7,176
Net income (less deficit)
from other rental
activity — 48,235 38,577
Net income — 50,165 39,006
Deficit — 1,930 (*)429
Total net income 50,537 36,809,602 24,211,647
Professional and business services
Professional scientific, and
technical services
Accoun-
ting, tax
prepara- Architec-
Legal tion, tural, en-
Item services book- gineering,
keeping, and
and related
payroll services
services
(79) (80) (81)
Number of returns 29,472 23,118 35,889
Number of shareholders 41,247 36,816 59,284
Income and deductions
from a trade or
business:
Total receipts(1) 14,017,417 7,299,125 22,848,962
Business receipts 13,383,402 7,251,665 22,661,106
Interest on
Government
obligations:
State and local 5,414 (*)139 1,203
Net gain, noncapital
assets (*)4,213 (*)722 31,514
Other receipts 624,388 46,599 155,140
Total deductions 11,349,310 6,305,473 20,461,102
Cost of goods sold 542,011 (*)901,452 6,761,120
Compensation of
officers 3,023,340 1,183,549 2,313,300
Salaries and wages 2,920,857 1,725,271 4,772,508
Repairs 83,777 43,640 122,093
Bad debts 2,165 (*)6,374 35,880
Rent paid on business
property 640,700 379,009 747,836
Taxes paid 410,304 288,659 843,932
Interest paid 69,240 54,329 133,264
Amortization 1,740 13,526 8,968
Depreciation 109,301 82,658 317,858
Depletion — (*)40 —
Advertising 250,161 28,136 70,687
Pension, profit-
sharing, stock
bonus, and annuity
plans 181,352 146,471 224,155
Employee benefit
programs 70,271 98,640 427,216
Net loss, noncapital
assets (*)157 5 5
Other deductions 3,043,935 1,353,715 3,682,278
Total receipts less
total deductions 2,668,107 993,652 2,387,860
Net income (less deficit)
from a trade or
business 2,662,693 993,513 2,386,658
Net income 2,663,106 1,022,435 2,397,230
Deficit 413 (*)28,922 (*)10,572
Portfolio income (less
deficit)
distributed to
shareholders 86,887 256,848 144,737
Dividend income 19,827 3,428 15,710
Interest income 62,280 86,654 47,804
Royalty income (*)47 — 741
Net short-term
capital gain
(less loss) 1,724 (*)-500 2,113
Net long-term capital
gain (less loss) 2,859 167,253 78,347
Other portfolio
income (net) (*)149 13 21
Real estate rental net
income (less
deficit) -616 (*)722 8,152
Net income (*)1,829 (*)722 8,194
Deficit (*)2,445 — 42
Net income (less deficit)
from other rental
activity 15,860 -6 (*)141
Net income 15,863 — (*)444
Deficit (*)3 6 303
Total net income 2,764,824 1,251,077 2,539,688
Professional and business services
Professional, scientific, and
technical services
Other
Computer professio-
Specia- systems nal,
lized design and scienti-
Item design related fic, and
services services technical
services
(82) (83) (84)
Number of returns 13,835 39,740 116,897
Number of shareholders 16,511 62,060 178,208
Income and deductions
from a trade or
business:
Total receipts(1) 7,355,499 22,435,694 75,568,462
Business receipts 7,314,651 22,281,992 73,921,310
Interest on
Government
obligations:
State and local (*)634 5,015 16,948
Net gain, noncapital
assets (*)20 18,907 261,484
Other receipts 40,194 129,780 1,368,721
Total deductions 6,589,420 19,694,005 66,501,066
Cost of goods sold 3,925,940 8,146,444 25,487,989
Compensation of
officers 543,506 2,217,508 7,257,506
Salaries and wages 548,991 3,728,231 12,539,281
Repairs 27,184 75,556 332,368
Bad debts 8,905 21,088 122,475
Rent paid on business
property 184,791 423,864 2,192,560
Taxes paid 137,442 677,157 2,266,723
Interest paid 25,186 123,346 414,054
Amortization 4,966 13,469 91,394
Depreciation 75,566 258,135 892,765
Depletion — — —
Advertising 74,214 176,722 799,744
Pension, profit-
sharing, stock
bonus, and annuity
plans 66,634 192,867 668,586
Employee benefit
programs 45,137 170,656 696,819
Net loss, noncapital
assets (*)2,879 (*)567 22,954
Other deductions 918,080 3,468,394 12,715,850
Total receipts less
total deductions 766,079 2,741,689 9,067,396
Net income (less deficit)
from a trade or
business 765,445 2,736,674 9,050,449
Net income 765,998 2,783,593 9,304,191
Deficit 553 46,918 253,742
Portfolio income (less
deficit)
distributed to
shareholders 21,221 1,423,719 3,559,275
Dividend income 6,386 5,817 63,134
Interest income 15,756 56,532 354,474
Royalty income — (*)35,377 7,307
Net short-term
capital gain
(less loss) (*)-168 6,664 97,816
Net long-term capital
gain (less loss) (*)-404 1,319,329 3,036,565
Other portfolio
income (net) (*)-349 — -20
Real estate rental net
income (less
deficit) (*)5,454 (*)890 70,348
Net income (*)5,487 (*)1,375 74,520
Deficit (*)32 (*)485 4,172
Net income (less deficit)
from other rental
activity — (*)201 22,381
Net income — (*)201 22,497
Deficit — — (*)116
Total net income 792,120 4,161,485 12,702,454
Professional and business services
Administrative and
support and waste
management and
remediation services
Adminis-
Manage- trative
Item ment of Total and
companies support
services
(85) (86) (87)
Number of returns 6,898 82,584 78,545
Number of shareholders 28,875 130,553 122,397
Income and deductions
from a trade or
business:
Total receipts(1) 7,428,493 74,928,449 68,841,992
Business receipts 3,015,175 73,743,187 67,794,943
Interest on
Government
obligations:
State and local 181,804 17,822 10,173
Net gain, noncapital
assets 53,147 110,279 91,619
Other receipts 4,178,366 1,057,161 945,257
Total deductions 5,350,377 69,502,215 64,111,022
Cost of goods sold 281,155 33,468,212 31,418,126
Compensation of
officers 403,944 3,850,883 3,597,277
Salaries and wages 726,723 15,419,973 14,702,818
Repairs 66,607 505,539 381,937
Bad debts 125,139 90,065 79,891
Rent paid on business
property 68,476 1,441,198 1,271,410
Taxes paid 165,626 2,592,777 2,401,021
Interest paid 2,341,647 440,174 348,866
Amortization 15,615 85,641 63,845
Depreciation 151,595 1,026,694 717,935
Depletion 59 1,874 —
Advertising 51,277 573,110 542,855
Pension, profit-
sharing, stock
bonus, and annuity
plans 43,656 246,401 217,678
Employee benefit
programs 95,360 769,069 687,096
Net loss, noncapital
assets 4,552 2,941 2,413
Other deductions 808,945 8,987,663 7,677,854
Total receipts less
total deductions 2,078,116 5,426,234 4,730,970
Net income (less deficit)
from a trade or
business 1,896,312 5,408,412 4,720,797
Net income 1,969,082 5,479,728 4,758,768
Deficit 72,770 71,316 37,971
Portfolio income (less
deficit)
distributed to
shareholders 1,307,648 3,949,434 1,337,099
Dividend income 180,470 12,339 9,853
Interest income 252,135 251,237 202,206
Royalty income 1,852 (*)36,335 (*)35,934
Net short-term
capital gain
(less loss) -63,004 -18,892 -19,406
Net long-term capital
gain (less loss) 934,879 3,668,415 1,108,513
Other portfolio
income (net) 1,316 — —
Real estate rental net
income (less
deficit) 19,645 6,846 4,987
Net income 24,367 13,862 11,813
Deficit 4,722 (*)7,016 (*)6,826
Net income (less deficit)
from other rental
activity 2,007 7,650 6,318
Net income 3,475 7,684 6,318
Deficit 1,468 34 —
Total net income 3,225,612 9,372,343 6,069,201
Profe-
ssional Education, health, and
and social assistance
business
services
Adminis-
trative
and su-
pport and
waste ma-
nagement
and reme-
diation
services
Waste
manage- Educatio-
Item ment re- Total nal
mediation services
services
(88) (89) (90)
Number of returns 4,039 109,981 15,765
Number of shareholders 8,156 162,298 26,906
Income and deductions
from a trade or
business:
Total receipts(1) 6,086,456 66,173,695 9,179,601
Business receipts 5,948,243 64,610,435 9,076,556
Interest on
Government
obligations:
State and local 7,650 7,274 4,361
Net gain, noncapital
assets 18,659 92,432 (*)17,931
Other receipts 111,904 1,463,554 80,753
Total deductions 5,391,193 58,377,332 8,496,344
Cost of goods sold 2,050,086 9,028,211 2,147,601
Compensation of
officers 253,607 9,232,494 635,560
Salaries and wages 717,154 15,072,498 2,169,135
Repairs 123,602 540,191 71,859
Bad debts 10,174 307,422 145,125
Rent paid on business
property 169,788 3,597,694 505,525
Taxes paid 191,756 2,402,917 291,702
Interest paid 91,307 647,048 50,143
Amortization 21,796 100,416 12,501
Depreciation 308,759 881,616 115,396
Depletion 1,874 (*)965 —
Advertising 30,255 921,112 498,932
Pension, profit-
sharing, stock
bonus, and annuity
plans 28,723 679,268 32,456
Employee benefit
programs 81,973 748,053 108,544
Net loss, noncapital
assets (*)529 (*)2,315 —
Other deductions 1,309,809 14,215,111 1,711,865
Total receipts less
total deductions 695,264 7,796,363 683,257
Net income (less deficit)
from a trade or
business 687,614 7,789,089 678,896
Net income 720,960 7,901,547 700,793
Deficit 33,345 112,458 (*)21,897
Portfolio income (less
deficit)
distributed to
shareholders 2,612,336 590,520 102,360
Dividend income 2,487 14,552 2,819
Interest income 49,032 177,817 42,071
Royalty income 401 (*)1,780 (*)1,780
Net short-term
capital gain
(less loss) 514 -2,102 (*)-60
Net long-term capital
gain (less loss) 2,559,902 398,473 55,751
Other portfolio
income (net) — — —
Real estate rental net
income (less
deficit) 1,859 27,228 (*)3,710
Net income 2,050 28,547 (*)3,755
Deficit 190 1,319 45
Net income (less deficit)
from other rental
activity 1,333 (*)3,585 108
Net income 1,366 (*)3,731 108
Deficit 34 (*)146 —
Total net income 3,303,142 8,410,421 785,075
Education, health, and social
assistance
Health care and social assistance
Offices of
Offices of other
Item Total physicians health
and practi-
dentists tioners
(91) (92) (93)
Number of returns 94,216 40,833 28,849
Number of shareholders 135,394 49,564 41,208
Income and deductions
from a trade or
business:
Total receipts(1) 56,994,094 23,714,481 11,269,811
Business receipts 55,533,879 22,860,686 11,177,119
Interest on
Government
obligations:
State and local 2,913 (*)529 (*)342
Net gain, noncapital
assets 74,501 (*)16,778 (*)7,407
Other receipts 1,382,801 836,488 84,943
Total deductions 49,880,988 20,060,836 9,998,118
Cost of goods sold 6,880,611 844,900 2,382,769
Compensation of
officers 8,596,933 5,848,658 2,044,165
Salaries and wages 12,903,363 4,544,194 1,682,384
Repairs 468,332 194,427 64,670
Bad debts 162,297 5,440 30,929
Rent paid on business
property 3,092,169 1,356,106 590,002
Taxes paid 2,111,215 741,690 329,552
Interest paid 596,905 163,474 40,154
Amortization 87,915 48,431 7,387
Depreciation 766,219 259,769 99,592
Depletion (*)965 (*)938 —
Advertising 422,180 165,761 130,400
Pension, profit-
sharing, stock
bonus, and annuity
plans 646,812 434,995 125,823
Employee benefit
programs 639,509 155,561 58,849
Net loss, noncapital
assets (*)2,315 62 2
Other deductions 12,503,247 5,296,429 2,411,439
Total receipts less
total deductions 7,113,106 3,653,646 1,271,693
Net income (less deficit)
from a trade or
business 7,110,193 3,653,116 1,271,351
Net income 7,200,754 3,678,391 1,288,856
Deficit 90,561 (*)25,275 (*)17,505
Portfolio income (less
deficit)
distributed to
shareholders 488,160 165,604 67,423
Dividend income 11,733 2,427 4,998
Interest income 135,747 36,116 14,944
Royalty income — — —
Net short-term
capital gain
(less loss) -2,042 (*)-1,863 (*)-481
Net long-term capital
gain (less loss) 342,722 128,924 47,963
Other portfolio
income (net) — — —
Real estate rental net
income (less
deficit) 23,518 (*)4,181 (*)5,133
Net income 24,792 (*)4,704 (*)5,133
Deficit (*)1,274 (*)524 —
Net income (less deficit)
from other rental
activity (*)3,477 (*)3,369 —
Net income (*)3,623 (*)3,369 —
Deficit (*)146 — —
Total net income 7,625,347 3,826,270 1,343,907
Education, health, and
social assistance
Health care and social assistance
Miscella- Hospitals,
neous nursing,
Outpatient health and resi-
Item care care and dential
centers social care
assistance facilities
(94) (95) (96)
Number of returns 2,750 15,721 6,063
Number of shareholders 4,226 26,015 14,382
Income and deductions
from a trade or
business:
Total receipts(1) 1,436,910 7,079,006 13,493,886
Business receipts 1,330,012 7,030,812 13,135,250
Interest on
Government
obligations:
State and local 756 (*)89 1,196
Net gain, noncapital
assets 444 (*)21,136 28,736
Other receipts 105,697 26,969 328,704
Total deductions 1,221,998 6,060,840 12,539,197
Cost of goods sold (*)269,670 1,627,914 1,755,357
Compensation of
officers 107,276 407,511 189,323
Salaries and wages 216,786 1,680,303 4,779,696
Repairs 4,822 83,732 120,681
Bad debts (*)9,654 79,781 36,492
Rent paid on business
property 34,554 374,884 736,624
Taxes paid 30,977 241,009 767,987
Interest paid 15,503 67,346 310,427
Amortization 3,559 10,854 17,683
Depreciation 25,721 129,229 251,908
Depletion — (*)28 —
Advertising 19,084 55,890 51,046
Pension, profit-
sharing, stock
bonus, and annuity
plans (*)11,779 39,748 34,467
Employee benefit
programs 10,057 59,732 355,311
Net loss, noncapital
assets — (*)1,976 (*)275
Other deductions 462,555 1,200,904 3,131,919
Total receipts less
total deductions 214,912 1,018,166 954,689
Net income (less deficit)
from a trade or
business 214,155 1,018,077 953,492
Net income 251,489 1,019,799 962,219
Deficit 37,334 (*)1,722 8,727
Portfolio income (less
deficit)
distributed to
shareholders 78,035 24,238 152,859
Dividend income (*)606 (*)1,637 2,065
Interest income 7,434 10,325 66,927
Royalty income — — —
Net short-term
capital gain
(less loss) (*)-114 (*)208 209
Net long-term capital
gain (less loss) 70,108 (*)12,068
Other portfolio
income (net) — — —
Real estate rental net
income (less
deficit) (*)1,864 (*)358 11,982
Net income (*)1,864 (*)358 12,732
Deficit — — (*)750
Net income (less deficit)
from other rental
activity — 162 (*)-54
Net income — 162 92
Deficit — — (*)146
Total net income 294,054 1,042,836 1,118,279
Leisure, accommodation, and
food services
Arts, entertainment,
and recreation
Other
arts, en-
tertain-
Item Total Total ment, and
recrea-
tion
(97) (98) (99)
Number of returns 110,781 30,313 14,245
Number of shareholders 226,425 61,192 18,475
Income and deductions
from a trade or
business:
Total receipts(1) 95,281,071 20,295,009 8,521,393
Business receipts 92,242,170 19,209,389 8,003,374
Interest on
Government
obligations:
State and local 14,504 7,603 2,515
Net gain, noncapital
assets 660,301 177,291 8,152
Other receipts 2,364,096 900,726 507,352
Total deductions 86,682,453 17,491,311 7,271,183
Cost of goods sold 31,938,596 4,204,804 1,628,227
Compensation of
officers 3,949,511 1,762,845 1,225,151
Salaries and wages 16,661,290 3,589,861 1,643,288
Repairs 1,778,201 402,923 38,165
Bad debts 161,462 25,417 5,685
Rent paid on business
property 5,401,254 1,091,661 267,143
Taxes paid 4,001,207 975,812 244,915
Interest paid 1,704,501 325,915 69,636
Amortization 319,932 93,271 60,671
Depreciation 2,461,160 618,288 98,149
Depletion — — —
Advertising 2,414,713 366,760 120,437
Pension, profit-
sharing, stock
bonus, and annuity
plans 177,016 105,833 61,629
Employee benefit
programs 566,267 126,833 39,788
Net loss, noncapital
assets 26,044 439 181
Other deductions 15,121,298 3,800,648 1,768,118
Total receipts less
total deductions 8,598,618 2,803,699 1,250,210
Net income (less deficit)
from a trade or
business 8,584,114 2,796,096 1,247,695
Net income 8,761,261 2,858,139 1,293,232
Deficit 177,147 62,043 45,538
Portfolio income (less
deficit)
distributed to
shareholders 1,352,109 705,721 547,951
Dividend income 38,320 19,580 11,946
Interest income 426,746 128,447 58,419
Royalty income 110,716 109,913 109,913
Net short-term
capital gain
(less loss) 8,666 3,346 1,164
Net long-term capital
gain (less loss) 754,944 433,163 355,236
Other portfolio
income (net) 12,717 11,272 11,272
Real estate rental net
income (less
deficit) 123,918 36,478 9,559
Net income 135,689 44,144 10,847
Deficit 11,771 7,666 (*)1,288
Net income (less deficit)
from other rental
activity 28,134 10,344 86
Net income 28,134 10,344 86
Deficit — — —
Total net income 10,088,275 3,548,639 1,805,290
Leisure, accommodation, and
food services
Arts,
entertain- Accommodation and food
ment, and services
recreation
Amusement,
gambling,
Item and Total Accom-
recreation modation
industries
(100) (101) (102)
Number of returns 16,068 80,468 12,758
Number of shareholders 42,717 165,233 34,241
Income and deductions
from a trade or
business:
Total receipts(1) 11,773,617 74,986,062 11,976,133
Business receipts 11,206,015 73,032,781 11,442,104
Interest on
Government
obligations:
State and local 5,088 6,901 3,990
Net gain, noncapital
assets 169,139 483,010 66,149
Other receipts 393,375 1,463,370 463,891
Total deductions 10,220,128 69,191,142 10,750,579
Cost of goods sold 2,576,577 27,733,792 2,534,496
Compensation of
officers 537,695 2,186,665 281,567
Salaries and wages 1,946,573 13,071,430 2,005,909
Repairs 364,758 1,375,278 351,794
Bad debts 19,733 136,045 102,746
Rent paid on business
property 824,518 4,309,593 469,757
Taxes paid 730,896 3,025,395 717,843
Interest paid 256,279 1,378,586 716,605
Amortization 32,601 226,660 46,289
Depreciation 520,139 1,842,872 665,086
Depletion — — —
Advertising 246,322 2,047,953 235,211
Pension, profit-
sharing, stock
bonus, and annuity
plans 44,204 71,183 6,360
Employee benefit
programs 87,045 439,435 73,292
Net loss, noncapital
assets 258 25,604 1,466
Other deductions 2,032,530 11,320,650 2,542,158
Total receipts less
total deductions 1,553,489 5,794,919 1,225,554
Net income (less deficit)
from a trade or
business 1,548,401 5,788,019 1,221,564
Net income 1,564,907 5,903,122 1,267,382
Deficit 16,506 115,103 45,817
Portfolio income (less
deficit)
distributed to
shareholders 157,770 646,388 240,865
Dividend income 7,634 18,740 7,712
Interest income 70,028 298,299 165,985
Royalty income — 803 1
Net short-term
capital gain
(less loss) 2,182 5,320 52
Net long-term capital
gain (less loss) 77,928 321,781 65,683
Other portfolio
income (net) — (*)1,444 (*)1,432
Real estate rental net
income (less
deficit) 26,919 87,440 67,398
Net income 33,296 91,545 70,314
Deficit 6,378 4,106 2,916
Net income (less deficit)
from other rental
activity 10,259 17,790 (*)1,146
Net income 10,259 17,790 (*)1,146
Deficit — — —
Total net income 1,743,348 6,539,636 1,530,974
Leisure,
accommoda-
tion, and Other services
food
services
Accomo-
dation
and food
services
Food
services Repair
Item and Total and
drinking maintenance
places
(103) (104) (105)
Number of returns 67,710 95,798 50,362
Number of shareholders 130,992 159,361 84,235
Income and deductions
from a trade or
business:
Total receipts(1) 63,009,929 45,737,092 26,800,419
Business receipts 61,590,677 45,138,306 26,459,164
Interest on
Government
obligations:
State and local 2,911 5,633 515
Net gain, noncapital
assets 416,861 130,054 63,576
Other receipts 999,479 463,099 277,164
Total deductions 58,440,563 41,876,472 24,767,602
Cost of goods sold 25,199,296 18,860,439 12,918,669
Compensation of
officers 1,905,099 2,893,536 1,564,885
Salaries and wages 11,065,521 6,709,966 3,496,365
Repairs 1,023,484 477,032 221,813
Bad debts 33,299 141,761 38,007
Rent paid on business
property 3,839,835 2,407,329 1,076,566
Taxes paid 2,307,553 1,527,976 867,458
Interest paid 661,982 562,808 314,374
Amortization 180,371 91,199 33,336
Depreciation 1,177,786 982,229 520,375
Depletion — (*)317 (*)317
Advertising 1,812,742 745,276 368,877
Pension, profit-
sharing, stock
bonus, and annuity
plans 64,823 119,270 58,153
Employee benefit
programs 366,142 388,252 271,432
Net loss, noncapital
assets 24,139 1,419 (*)208
Other deductions 8,778,491 5,967,661 3,016,765
Total receipts less
total deductions 4,569,365 3,860,619 2,032,818
Net income (less deficit)
from a trade or
business 4,566,454 3,854,986 2,032,303
Net income 4,635,740 3,901,912 2,054,707
Deficit 69,286 46,926 22,404
Portfolio income (less
deficit)
distributed to
shareholders 405,523 892,115 145,078
Dividend income 11,028 17,251 10,344
Interest income 132,314 94,898 37,937
Royalty income 802 (*)5,799 (*)5,799
Net short-term
capital gain
(less loss) 5,268 -1,981 -940
Net long-term capital
gain (less loss) 256,098 775,554 91,460
Other portfolio
income (net) 12 (*)592 477
Real estate rental net
income (less
deficit) 20,042 37,472 22,742
Net income 21,231 38,916 23,252
Deficit 1,189 (*)1,444 (*)510
Net income (less deficit)
from other rental
activity 16,644 8,052 (*)7,786
Net income 16,644 (*)9,109 (*)8,843
Deficit — (*)1,057 (*)1,057
Total net income 5,008,662 4,792,625 2,207,909
Others services
Religious,
Personal grantmaking,
and civic, pro- Nature of
laundry fessional, business
Item mainte- and similar not allo-
nance organiza- cable
services tions
(106) (107) (108)
Number of returns (**) (**) 5,758
Number of shareholders (**) (**) 10,779
Income and deductions
from a trade or
business:
Total receipts(1) (**) (**) 1,044,182
Business receipts (**) (**) 1,002,020
Interest on
Government
obligations:
State and local (**) (**) (*)841
Net gain, noncapital
assets (**) (**) 2,490
Other receipts (**) (**) 38,831
Total deductions (**) (**) 872,271
Cost of goods sold (**) (**) 491,447
Compensation of
officers (**) (**) (*)29,770
Salaries and wages (**) (**) 79,024
Repairs (**) (**) 6,974
Bad debts (**) (**) (*)208
Rent paid on business
property (**) (**) 40,014
Taxes paid (**) (**) 11,934
Interest paid (**) (**) 3,792
Amortization (**) (**) —
Depreciation (**) (**) 12,831
Depletion (**) (**) —
Advertising (**) (**) 7,044
Pension, profit-
sharing, stock
bonus, and annuity
plans (**) (**) (*)4,182
Employee benefit
programs (**) (**) (*)3,148
Net loss, noncapital
assets (**) (**) —
Other deductions (**) (**) 181,903
Total receipts less
total deductions (**) (**) 171,911
Net income (less deficit)
from a trade or
business (**) (**) 171,071
Net income (**) (**) 176,230
Deficit (**) (**) 5,159
Portfolio income (less
deficit)
distributed to
shareholders (**) (**) 118,808
Dividend income (**) (**) (*)1,758
Interest income (**) (**) 2,029
Royalty income (**) (**) —
Net short-term
capital gain
(less loss) (**) (**) -457
Net long-term capital
gain (less loss) (**) (**) (*)115,477
Other portfolio
income (net) (**) (**) —
Real estate rental net
income (less
deficit) (**) (**) (*)3,289
Net income (**) (**) (*)3,289
Deficit (**) (**) —
Net income (less deficit)
from other rental
activity (**) (**) —
Net income (**) (**) —
Deficit (**) (**) —
Total net income (**) (**) 293,167
(*) Estimate should be used with caution because of the small number
of sample returns on which is based.
(**) Data deleted to avoid disclosure of information for specific
corporations. Deleted data are included in the appropriate totals.
(1) Includes interest on Government obligations: State and local,
which is not reflected in net income (less deficit) from a trade or
business.
(2) Less than $500.
NOTE: Detail may not add to total due to rounding.
Table 3.–Corporations: Balance Sheets, by Industrial Division, Sector,
and Major Group
[All figures are estimates based on samples–money amounts are inthousands of dollars]
Raw materials and
energy production
Agriculture, forestry,
fishing, and hunting
All
Item industries Total Total
(1) (2) (3)
Number of returns 2,588,088 87,021 69,418
Number of shareholders 4,839,618 217,758 173,271
Total assets 1,455,483,439 57,157,264 34,354,170
Cash 146,742,521 4,911,139 2,462,982
Notes and accounts
receivable 311,096,499 5,132,944 2,721,511
Less: Allowance for
bad debts 4,007,036 19,441 7,539
Inventories 229,247,269 3,117,135 2,516,678
Investments in
Government
obligations 26,450,601 300,769 64,797
Tax-exempt securities 8,136,420 434,084 212,212
Other current assets 83,359,809 2,304,463 1,473,602
Loans to shareholders 26,586,863 1,631,158 935,939
Mortgage and real
estate loans 25,094,935 416,222 409,780
Other investments 138,315,334 9,650,343 2,831,377
Depreciable assets 722,105,243 42,364,651 29,317,692
Less: Accumulated
depreciation 382,004,924 26,180,188 18,210,295
Depletable assets 8,308,169 5,720,901 1,380,932
Less: Accumulated
depletion 3,135,255 2,448,474 202,596
Land 61,626,219 7,674,327 6,929,141
Intangible assets
(amortizable) 41,568,278 1,184,315 495,375
Less: Accumulated
amortization 13,621,076 416,716 135,029
Other assets 29,613,571 1,379,631 1,157,612
Total liabilities 1,455,483,439 57,157,264 34,354,170
Accounts payable 179,795,391 2,886,561 1,426,344
Mortgages, notes, and
bonds payable in
less than 1 year 182,956,962 6,517,202 4,985,420
Other current
liabilities 200,431,585 2,594,228 1,233,019
Loans from stockholders 134,407,009 7,903,558 6,538,380
Mortgages, notes,
and bonds payable
in 1 year or more 298,319,640 13,802,209 9,224,852
Other liabilities 38,487,141 2,351,215 933,528
Net worth, total 421,085,711 21,102,291 10,012,627
Capital stock 56,495,370 4,482,143 3,911,920
Paid-in or capital
surplus 138,700,074 14,204,976 8,764,632
Retained earnings,
unappropriated 245,282,852 3,534,786 -2,086,179
Adjustments to
shareholders’
equity(1) 1,963,530 38,375 10,782
Less: Cost of
treasury stock 21,356,115 1,157,989 588,529
Raw materials and energy production
Agriculture, forestry,
fishing, and hunting
Support
activities
Agri- Forestry and
Item culture and fishing,
production logging hunting
and
trapping
(4) (5) (6)
Number of returns 44,943 7,559 16,915
Number of shareholders 118,188 18,201 36,882
Total assets 25,034,625 4,016,330 5,303,215
Cash 1,490,863 215,704 756,416
Notes and accounts
receivable 1,820,932 234,119 666,460
Less: Allowance for
bad debts 5,964 997 (*)578
Inventories 1,840,160 152,762 523,755
Investments in
Government
obligations 54,595 (*)2,965 (*)7,236
Tax-exempt securities 140,612 (*)71,070 530
Other current assets 1,110,156 152,791 210,654
Loans to shareholders 746,568 38,891 150,480
Mortgage and real
estate loans 278,687 99,306 (*)31,787
Other investments 2,103,562 424,973 302,842
Depreciable assets 21,442,406 2,382,263 5,493,023
Less: Accumulated
depreciation 13,235,548 1,512,021 3,462,726
Depletable assets 149,704 1,102,256 (*)128,972
Less: Accumulated
depletion (*)22,102 (*)102,570 (*)77,923
Land 6,143,141 518,761 267,240
Intangible assets
(amortizable) 273,901 16,152 205,322
Less: Accumulated
amortization 87,979 8,075 38,975
Other assets 790,932 227,981 138,700
Total liabilities 25,034,625 4,016,330 5,303,215
Accounts payable 785,338 87,889 553,117
Mortgages, notes, and
bonds payable in
less than 1 year 3,876,979 446,855 661,585
Other current
liabilities 759,738 160,921 312,360
Loans from stockholders 5,521,681 215,860 800,839
Mortgages, notes,
and bonds payable
in 1 year or more 6,781,308 1,204,961 1,238,583
Other liabilities 566,181 124,606 242,741
Net worth, total 6,743,400 1,775,237 1,493,990
Capital stock 3,321,405 330,403 260,112
Paid-in or capital
surplus 7,804,720 188,302 771,610
Retained earnings,
unappropriated -3,882,781 1,273,802 522,800
Adjustments to
shareholders’
equity(1) (*)4,478 (*)6,305 —
Less: Cost of
treasury stock 504,422 23,575 60,532
Raw materials and Goods
energy production production
Item Mining Utilities Total
(7) (8) (9)
Number of returns 15,479 2,124 452,147
Number of shareholders 38,765 5,723 853,159
Total assets 20,310,165 2,492,929 408,336,013
Cash 2,140,753 307,404 43,143,344
Notes and accounts
receivable 2,088,064 323,370 103,283,809
Less: Allowance for
bad debts 10,309 1,593 1,184,529
Inventories 581,138 19,320 78,234,331
Investments in
Government
obligations 226,537 9,436 2,253,120
Tax-exempt securities 221,872 — 1,419,896
Other current assets 732,150 98,712 27,284,637
Loans to shareholders 343,844 351,375 5,785,646
Mortgage and real
estate loans (*)6,274 168 2,303,936
Other investments 6,525,712 293,254 30,194,303
Depreciable assets 10,940,694 2,106,265 217,188,476
Less: Accumulated
depreciation 7,061,455 908,439 126,544,224
Depletable assets 4,248,976 90,993 1,790,205
Less: Accumulated
depletion 2,203,861 42,017 307,233
Land 709,781 35,404 11,427,087
Intangible assets
(amortizable) 563,785 125,156 6,202,274
Less: Accumulated
amortization 236,694 44,992 1,844,442
Other assets 492,905 -270,886 7,705,377
Total liabilities 20,310,165 2,492,929 408,336,013
Accounts payable 1,322,166 138,051 65,441,340
Mortgages, notes, and
bonds payable in
less than 1 year 1,321,750 210,033 45,681,196
Other current
liabilities 1,181,083 180,127 41,589,781
Loans from stockholders 1,201,754 163,424 25,580,703
Mortgages, notes,
and bonds payable
in 1 year or more 3,797,468 779,889 69,401,039
Other liabilities 992,233 425,454 9,472,116
Net worth, total 10,493,712 595,952 151,169,837
Capital stock 485,333 84,891 11,440,022
Paid-in or capital
surplus 4,887,782 552,561 23,127,032
Retained earnings,
unappropriated 5,644,496 -23,531 122,870,112
Adjustments to
shareholders’
equity(1) 29,233 -1,641 750,196
Less: Cost of
treasury stock 553,132 (*)16,328 7,017,525
Goods production
Construction
Building,
developing, Heavy
Item Total and general construction
contracting
(10) (11) (12)
Number of returns 305,531 129,539 12,274
Number of shareholders 516,155 239,117 22,683
Total assets 170,971,279 96,007,915 24,923,672
Cash 22,159,848 9,973,628 4,535,277
Notes and accounts
receivable 45,858,227 17,892,406 7,915,798
Less: Allowance for
bad debts 261,455 54,917 98,418
Inventories 27,049,505 23,638,280 509,357
Investments in
Government
obligations 871,459 401,865 368,483
Tax-exempt securities 535,411 277,480 114,536
Other current assets 18,928,891 13,000,574 2,114,281
Loans to shareholders 3,442,162 1,967,383 286,545
Mortgage and real
estate loans 1,946,122 1,793,810 39,411
Other investments 12,510,065 8,280,451 2,537,230
Depreciable assets 61,796,355 16,871,492 15,784,046
Less: Accumulated
depreciation 35,569,282 7,285,837 9,941,245
Depletable assets 227,666 104,570 110,465
Less: Accumulated
depletion 52,883 (*)25,261 21,361
Land 7,851,875 6,707,016 388,881
Intangible assets
(amortizable) 857,642 297,674 50,690
Less: Accumulated
amortization 287,759 111,038 16,612
Other assets 3,107,431 2,278,336 246,307
Total liabilities 170,971,279 96,007,915 24,923,672
Accounts payable 33,893,732 17,550,062 6,288,340
Mortgages, notes, and
bonds payable in
less than 1 year 22,317,779 16,435,366 1,713,163
Other current
liabilities 22,287,543 11,376,386 3,535,078
Loans from stockholders 12,146,763 8,346,349 712,918
Mortgages, notes,
and bonds payable
in 1 year or more 27,350,430 17,989,379 3,026,883
Other liabilities 4,519,451 2,925,054 359,737
Net worth, total 48,455,582 21,385,319 9,287,553
Capital stock 4,710,473 2,813,813 412,275
Paid-in or capital
surplus 11,115,965 7,934,815 983,238
Retained earnings,
unappropriated 34,395,627 11,301,592 8,241,910
Adjustments to
shareholders’
equity(1) 252,814 165,951 52,522
Less: Cost of
treasury stock 2,019,298 830,853 402,391
Goods production
Construction Manufacturing
Special Food
Item trade Total manu-
contractors facturing
(13) (14) (15)
Number of returns 163,717 146,617 8,296
Number of shareholders 254,355 337,004 30,010
Total assets 50,039,693 237,364,734 20,318,690
Cash 7,650,943 20,983,496 1,658,281
Notes and accounts
receivable 20,050,022 57,425,582 4,135,122
Less: Allowance for
bad debts 108,119 923,075 52,192
Inventories 2,901,868 51,184,825 4,208,960
Investments in
Government
obligations 101,111 1,381,661 125,370
Tax-exempt securities 143,394 884,485 42,279
Other current assets 3,814,035 8,355,747 606,482
Loans to shareholders 1,188,233 2,343,484 180,321
Mortgage and real
estate loans 112,900 357,814 32,894
Other investments 1,692,384 17,684,238 1,374,689
Depreciable assets 29,140,817 155,392,120 15,062,537
Less: Accumulated
depreciation 18,342,201 90,974,941 8,235,397
Depletable assets (*)12,631 1,562,538 (*)12,780
Less: Accumulated
depletion (*)6,261 254,350 (*)3,042
Land 755,977 3,575,213 415,258
Intangible assets
(amortizable) 509,278 5,344,632 610,073
Less: Accumulated
amortization 160,108 1,556,684 117,804
Other assets 582,788 4,597,947 262,079
Total liabilities 50,039,693 237,364,734 20,318,690
Accounts payable 10,055,331 31,547,608 2,961,317
Mortgages, notes, and
bonds payable in
less than 1 year 4,169,250 23,363,418 1,998,359
Other current
liabilities 7,376,078 19,302,238 1,360,229
Loans from stockholders 3,087,496 13,433,940 737,287
Mortgages, notes,
and bonds payable
in 1 year or more 6,334,168 42,050,609 4,063,098
Other liabilities 1,234,660 4,952,665 379,747
Net worth, total 17,782,709 102,714,256 8,818,653
Capital stock 1,484,385 6,729,549 597,975
Paid-in or capital
surplus 2,197,912 12,011,067 871,396
Retained earnings,
unappropriated 14,852,126 88,474,485 7,510,904
Adjustments to
shareholders’
equity(1) 34,341 497,382 174,657
Less: Cost of
treasury stock 786,054 4,998,227 336,279
Goods production
Manufacturing
Beverage Textile
and mills
tobacco and Apparel
Item product textile manu-
manu- product facturing
facturing mills
(16) (17) (18)
Number of returns 1,497 3,535 8,197
Number of shareholders 8,001 8,622 15,326
Total assets 5,049,776 9,064,026 9,967,659
Cash 382,211 700,462 767,296
Notes and accounts
receivable 780,433 2,166,056 2,264,959
Less: Allowance for
bad debts 10,785 53,966 50,980
Inventories 1,020,967 2,286,453 3,722,949
Investments in
Government
obligations 35,570 155,709 (*)34,633
Tax-exempt securities (*)13,930 65,895 25,759
Other current assets 147,202 432,616 603,875
Loans to shareholders 55,181 61,665 166,059
Mortgage and real
estate loans (*)16,952 (*)16,977 (*)13,186
Other investments 426,843 675,684 654,698
Depreciable assets 3,873,677 5,479,833 4,013,290
Less: Accumulated
depreciation 2,339,351 3,446,181 2,479,691
Depletable assets 15 — —
Less: Accumulated
depletion 15 — —
Land 178,495 68,480 81,775
Intangible assets
(amortizable) 419,695 19,322 109,820
Less: Accumulated
amortization 141,973 7,241 58,010
Other assets 190,730 442,261 98,039
Total liabilities 5,049,776 9,064,026 9,967,659
Accounts payable 448,013 1,456,418 1,763,940
Mortgages, notes, and
bonds payable in
less than 1 year 438,006 955,516 1,457,030
Other current
liabilities 268,522 657,022 926,529
Loans from stockholders 364,963 248,119 2,568,656
Mortgages, notes,
and bonds payable
in 1 year or more 951,908 1,505,539 967,275
Other liabilities 52,767 109,729 253,270
Net worth, total 2,525,598 4,131,682 2,030,959
Capital stock 273,175 263,840 348,509
Paid-in or capital
surplus 439,157 370,641 573,274
Retained earnings,
unappropriated 1,861,010 3,747,690 1,272,399
Adjustments to
shareholders’
equity(1) (*)4,858 (*)3,024 (*)49,367
Less: Cost of
treasury stock 52,603 253,513 212,591
Goods production
Manufacturing
Leather
and Wood
allied product Paper
Item product manu- manu-
manu- facturing facturing
facturing
(19) (20) (21)
Number of returns 1,126 6,326 1,568
Number of shareholders 1,863 14,565 5,577
Total assets 1,239,059 13,628,234 12,537,052
Cash 155,135 882,577 702,909
Notes and accounts
receivable 315,306 2,335,125 1,870,567
Less: Allowance for
bad debts 7,017 30,592 36,016
Inventories 435,875 3,179,191 1,469,797
Investments in
Government
obligations — (*)35860 29,780
Tax-exempt securities 5 104 93,840
Other current assets 45,174 450,069 356,974
Loans to shareholders (*)4,373 123,681 66,604
Mortgage and real
estate loans — 42,693 (*)25,657
Other investments 74,179 774,258 3,367,310
Depreciable assets 528,511 8,620,749 8,141,246
Less: Accumulated
depreciation 357,158 4,876,520 4,529,437
Depletable assets — 1,196,904 98,099
Less: Accumulated
depletion — 28,591 2,013
Land 18,172 367,632 118,873
Intangible assets
(amortizable) 28,459 209,601 155,999
Less: Accumulated
amortization 22,073 44,415 35,779
Other assets 20,119 389,909 642,641
Total liabilities 1,239,059 13,628,234 12,537,052
Accounts payable 129,145 1,122,092 1,038,329
Mortgages, notes, and
bonds payable in
less than 1 year 154,776 1,610,542 775,301
Other current
liabilities 81,342 1,063,202 626,334
Loans from stockholders 266,186 624,869 240,761
Mortgages, notes,
and bonds payable
in 1 year or more 196,817 2,577,566 4,110,601
Other liabilities (*)3,797 220,993 343,715
Net worth, total 406,996 6,408,971 5,402,011
Capital stock 110,242 373,494 205,836
Paid-in or capital
surplus 35,592 560,549 1,682,184
Retained earnings,
unappropriated 383,059 5,799,843 3,681,389
Adjustments to
shareholders’
equity(1) — (*)-1,317 -130
Less: Cost of
treasury stock (*)121,897 323,598 167,267
Goods production
Manufacturing
Printing Petroleum
and and coal Chemical
Item related products manu-
support manu- facturing
activities facturing
(22) (23) (24)
Number of returns 18,365 624 4,633
Number of shareholders 31,924 1,019 15,160
Total assets 13,102,183 1,848,667 8,532,750
Cash 1,257,610 141,941 824,492
Notes and accounts
receivable 3,626,143 447,222 2,223,339
Less: Allowance for
bad debts 64,564 8,181 57,799
Inventories 1,267,221 291,742 1,654,220
Investments in
Government
obligations 46,552 — (*)25,864
Tax-exempt securities (*)24,849 1,104 (*)30,050
Other current assets 495,786 40,451 390,236
Loans to shareholders 140,213 5,223 55,246
Mortgage and real
estate loans (*)12,590 (*)6,224 (*)4,391
Other investments 625,180 143,945 717,747
Depreciable assets 11,810,989 1,355,694 5,137,270
Less: Accumulated
depreciation 6,916,990 697,269 2,979,693
Depletable assets — 7,094 174
Less: Accumulated
depletion — 2,296 61
Land 157,700 55,439 138,493
Intangible assets
(amortizable) 512,691 59,697 346,237
Less: Accumulated
amortization 140,539 16,079 91,082
Other assets 246,753 16,716 113,626
Total liabilities 13,102,183 1,848,667 8,532,750
Accounts payable 1,537,440 274,732 1,123,128
Mortgages, notes, and
bonds payable in
less than 1 year 1,473,189 153,221 764,324
Other current
liabilities 1,077,185 103,213 551,452
Loans from stockholders 761,350 114,134 975,911
Mortgages, notes,
and bonds payable
in 1 year or more 3,123,216 317,601 1,398,666
Other liabilities 202,478 48,763 149,955
Net worth, total 4,927,325 837,004 3,569,315
Capital stock 419,680 8,585 355,713
Paid-in or capital
surplus 476,633 28,665 518,264
Retained earnings,
unappropriated 4,293,465 801,131 2,871,073
Adjustments to
shareholders’
equity(1) 25,122 (*)6,367 -4,205
Less: Cost of
treasury stock 287,574 7,746 171,531
Goods production
Manufacturing
Plastics Non-
and metallic Primary
rubber mineral metal
Item products products manu-
manu- manu- facturing
facturing facturing
(25) (26) (27)
Number of returns 7,043 5,675 3,232
Number of shareholders 17,663 12,043 8,672
Total assets 16,644,614 7,909,935 9,424,299
Cash 1,315,916 817,574 594,217
Notes and accounts
receivable 4,621,571 1,753,943 2,571,718
Less: Allowance for
bad debts 63,556 24,779 39,521
Inventories 2,871,190 1,125,302 1,890,583
Investments in
Government
obligations 29,063 (*)55,347 20,052
Tax-exempt securities (*)161,521 (*)17,583 12,949
Other current assets 539,024 248,666 314,417
Loans to shareholders 126,849 80,910 109,951
Mortgage and real
estate loans 3,442 (*)21,784 2,055
Other investments 993,051 392,228 757,176
Depreciable assets 12,983,395 7,242,433 6,655,167
Less: Accumulated
depreciation 7,554,280 4,461,573 3,856,045
Depletable assets 11,584 24,273 163,375
Less: Accumulated
depletion 8,945 11,841 156,439
Land 200,154 269,847 171,604
Intangible assets
(amortizable) 297,321 177,631 182,623
Less: Accumulated
amortization 74,846 29,216 72,275
Other assets 192,159 209,823 102,693
Total liabilities 16,644,614 7,909,935 9,424,299
Accounts payable 2,878,531 1,053,900 1,524,739
Mortgages, notes, and
bonds payable in
less than 1 year 1,527,387 526,784 970,234
Other current
liabilities 1,056,066 554,689 883,565
Loans from stockholders 725,070 571,368 211,190
Mortgages, notes,
and bonds payable
in 1 year or more 2,688,027 1,605,892 1,706,128
Other liabilities 234,393 100,407 308,037
Net worth, total 7,535,140 3,496,895 3,820,407
Capital stock 350,570 329,551 275,712
Paid-in or capital
surplus 769,660 578,862 278,226
Retained earnings,
unappropriated 6,656,931 2,723,552 3,315,536
Adjustments to
shareholders’
equity(1) 674 594 (*)71,511
Less: Cost of
treasury stock 242,694 135,664 120,578
Goods production
Manufacturing
Computer
Fabricated and elec-
metal Machinery tronic
Item products manu- products
manu- facturing manu-
facturing facturing
(28) (29) (30)
Number of returns 22,590 10,394 6,548
Number of shareholders 50,694 24,698 14,309
Total assets 38,315,387 16,194,617 8,750,981
Cash 4,134,292 1,821,814 922,009
Notes and accounts
receivable 9,598,292 4,021,832 2,468,675
Less: Allowance for
bad debts 118,928 46,317 37,297
Inventories 7,482,960 4,200,086 2,078,814
Investments in
Government
obligations 205,939 115,879 (*)76,400
Tax-exempt securities 157,505 88,129 23,417
Other current assets 1,162,187 542,604 440,033
Loans to shareholders 375,237 92,316 158,162
Mortgage and real
estate loans 24,349 (*)20,396 1,740
Other investments 2,292,312 1,049,249 554,255
Depreciable assets 28,227,152 9,274,142 4,245,074
Less: Accumulated
depreciation 16,754,267 5,659,848 2,475,946
Depletable assets (*)16 — —
Less: Accumulated
depletion (*)15 — —
Land 512,220 206,236 104,072
Intangible assets
(amortizable) 656,300 305,221 172,769
Less: Accumulated
amortization 153,976 89,089 73,001
Other assets 513,810 251,967 91,806
Total liabilities 38,315,387 16,194,617 8,750,981
Accounts payable 4,491,709 1,825,199 1,438,802
Mortgages, notes, and
bonds payable in
less than 1 year 3,650,632 1,422,528 989,579
Other current
liabilities 2,753,245 1,814,212 982,444
Loans from stockholders 1,637,722 917,271 425,647
Mortgages, notes,
and bonds payable
in 1 year or more 6,443,088 2,566,103 1,084,438
Other liabilities 849,745 286,433 191,405
Net worth, total 18,489,246 7,362,871 3,638,666
Capital stock 821,505 444,832 179,611
Paid-in or capital
surplus 1,412,805 642,180 612,640
Retained earnings,
unappropriated 17,472,685 6,627,358 3,016,866
Adjustments to
shareholders’
equity(1) -411 25,799 -3,244
Less: Cost of
treasury stock 1,217,337 377,298 167,208
Goods production
Manufacturing
Electrical
equipment, Trans- Furniture
appliance, portation and
Item and equipment related
component manu- products
manu- facturing manu-
facturing facturing
(31) (32) (33)
Number of returns 5,909 4,811 6,047
Number of shareholders 11,924 9,467 11,687
Total assets 9,117,359 12,715,683 5,852,703
Cash 758,033 934,065 583,245
Notes and accounts
receivable 2,586,621 2,960,382 1,742,410
Less: Allowance for
bad debts 66,863 34,374 27,965
Inventories 2,316,754 3,581,751 1,544,108
Investments in
Government
obligations (*)34,899 (*)289,656 6,706
Tax-exempt securities (*)57,093 (*)17,536 (*)44,189
Other current assets 395,549 394,854 97,202
Loans to shareholders 94,083 162,095 40,490
Mortgage and real
estate loans 13,924 (*)5,624 5,067
Other investments 528,685 1,159,605 171,629
Depreciable assets 4,789,372 5,972,368 3,415,496
Less: Accumulated
depreciation 2,790,305 3,257,692 2,036,844
Depletable assets 1,877 644 —
Less: Accumulated
depletion 1,739 644 —
Land 132,075 115,782 88,965
Intangible assets
(amortizable) 171,087 287,960 156,254
Less: Accumulated
amortization 51,186 90,570 38,649
Other assets 147,401 216,640 60,401
Total liabilities 9,117,359 12,715,683 6,852,703
Accounts payable 1,292,399 1,934,273 760,405
Mortgages, notes, and
bonds payable in
less than 1 year 711,868 1,410,117 525,745
Other current
liabilities 1,144,049 1,346,868 557,422
Loans from stockholders 412,820 391,463 372,842
Mortgages, notes,
and bonds payable
in 1 year or more 1,294,625 1,694,762 831,573
Other liabilities 443,486 504,979 20,072
Net worth, total 3,818,111 5,433,222 2,784,644
Capital stock 229,597 281,914 197,203
Paid-in or capital
surplus 361,418 459,779 384,865
Retained earnings,
unappropriated 3,354,097 4,799,534 2,261,967
Adjustments to
shareholders’
equity(1) 80,044 56,402 612
Less: Cost of
treasury stock 207,046 164,408 60,003
Goods Distribution and
production transportation of goods
Wholesale
Manu- and retail
facturing trade
Miscel-
laneous
Item manu- Total Total
facturing
(34) (35) (36)
Number of returns 20,201 566,076 484,772
Number of shareholders 43,781 1,030,083 894,361
Total assets 17,151,059 389,720,707 351,747,722
Cash 1,629,418 37,308,237 33,849,158
Notes and accounts
receivable 4,935,867 82,118,997 75,382,603
Less: Allowance for
bad debts 91,384 1,110,909 1,033,082
Inventories 4,555,902 138,720,436 137,965,218
Investments in
Government
obligations 58,382 788,780 675,599
Tax-exempt securities (*)6,747 1,006,439 983,501
Other current assets 652,347 13,420,087 11,443,576
Loans to shareholders 244,827 5,369,014 4,345,335
Mortgage and real
estate loans 87,870 886,133 746,299
Other investments 951,515 18,708,196 16,337,077
Depreciable assets 8,563,727 159,440,735 119,243,658
Less: Accumulated
depreciation 5,270,453 87,904,386 66,827,892
Depletable assets (*)45,703 404,928 217,869
Less: Accumulated
depletion (*)38,709 248,272 104,033
Land 173,938 7,742,833 7,008,392
Intangible assets
(amortizable) 465,873 10,489,753 9,825,179
Less: Accumulated
amortization 208,882 3,375,432 3,191,856
Other assets 388,373 5,955,140 4,881,120
Total liabilities 17,151,059 389,720,707 351,747,722
Accounts payable 2,493,099 66,803,665 63,145,033
Mortgages, notes, and
bonds payable in
less than 1 year 1,848,279 81,187,626 76,960,481
Other current
liabilities 1,494,648 28,651,861 25,995,848
Loans from stockholders 866,311 33,121,338 29,009,329
Mortgages, notes,
and bonds payable
in 1 year or more 2,923,686 60,348,197 48,149,324
Other liabilities 248,495 5,719,702 4,922,087
Net worth, total 7,276,641 113,888,319 103,565,619
Capital stock 662,004 13,812,253 12,328,593
Paid-in or capital
surplus 954,277 26,142,943 20,231,441
Retained earnings,
unappropriated 6,023,995 79,901,930 76,168,119
Adjustments to
shareholders’
equity(1) 7,657 408,032 426,700
Less: Cost of
treasury stock 371,392 6,376,839 5,589,233
Distribution and
transportation of goods
Wholesale and retail trade
Wholesale trade
Durable Nondurable
Item Total goods goods
(37) (38) (39)
Number of returns 147,102 86,338 60,764
Number of shareholders 288,210 171,111 117,099
Total assets 159,966,932 91,159,325 68,807,607
Cash 14,229,661 7,435,039 6,794,622
Notes and accounts
receivable 49,567,302 28,588,422 20,978,880
Less: Allowance for
bad debts 690,922 422,811 268,111
Inventories 51,755,996 33,420,569 18,335,427
Investments in
Government
obligations 478,660 304,749 173,910
Tax-exempt securities 675,501 402,538 272,963
Other current assets 5,772,164 2,746,764 3,025,400
Loans to shareholders 1,616,792 929,581 687,211
Mortgage and real
estate loans 300,070 164,916 135,154
Other investments 9,323,123 4,376,955 4,946,167
Depreciable assets 48,625,307 24,567,341 24,057,965
Less: Accumulated
depreciation 28,416,003 14,135,362 14,280,641
Depletable assets 160,392 52,164 (*)108,229
Less: Accumulated
depletion 80,874 (*)17,012 (*)63,862
Land 2,217,548 944,150 1,273,398
Intangible assets
(amortizable) 3,681,523 1,333,869 2,347,654
Less: Accumulated
amortization 1,175,212 443,116 732,096
Other assets 1,925,904 910,568 1,015,336
Total liabilities 159,966,932 91,159,325 68,807,607
Accounts payable 37,314,025 21,342,630 15,971,396
Mortgages, notes, and
bonds payable in
less than 1 year 25,132,638 15,098,603 10,034,035
Other current
liabilities 11,523,915 6,681,736 4,842,179
Loans from stockholders 10,056,587 5,885,992 4,170,594
Mortgages, notes,
and bonds payable
in 1 year or more 18,111,165 9,652,991 8,458,174
Other liabilities 2,125,393 1,178,863 946,530
Net worth, total 55,703,209 31,318,511 24,384,699
Capital stock 3,797,201 2,057,395 1,739,805
Paid-in or capital
surplus 6,570,815 3,904,453 2,666,362
Retained earnings,
unappropriated 47,832,835 26,836,759 20,996,077
Adjustments to
shareholders’
equity(1) 196,089 115,051 81,038
Less: Cost of
treasury stock 2,693,731 1,595,148 1,098,583
Distribution and
transportation of goods
Wholesale and retail trade
Retail trade
Motor
vehicle Furniture
Item Total and and home
parts fur-
dealers nishings
(40) (41) (42)
Number of returns 337,251 46,613 18,305
Number of shareholders 605,636 82,834 34,078
Total assets 191,444,373 83,180,637 10,710,812
Cash 19,587,744 7,341,075 1,176,617
Notes and accounts
receivable 25,790,239 10,589,686 1,800,197
Less: Allowance for
bad debts 341,790 107,034 42,555
Inventories 86,096,203 49,479,358 4,469,765
Investments in
Government
obligations 196,940 (*)39,868 (*)17,438
Tax-exempt securities 308,000 (*)53,780 (*)50,970
Other current assets 5,662,856 1,848,981 334,080
Loans to shareholders 2,723,650 989,568 125,157
Mortgage and real
estate loans 446,228 54,822 (*)28,377
Other investments 6,999,555 1,723,152 343,085
Depreciable assets 70,497,802 17,311,491 3,781,038
Less: Accumulated
depreciation 38,379,574 8,933,901 1,877,901
Depletable assets 57,476 383 (*)11,024
Less: Accumulated
depletion 23,159 150 (*)7,955
Land 4,761,700 1,303,367 225,800
Intangible assets
(amortizable) 6,121,685 1,398,017 161,834
Less: Accumulated
amortization 2,014,272 407,827 46,119
Other assets 2,953,087 496,002 159,959
Total liabilities 191,444,373 83,180,637 10,710,812
Accounts payable 25,790,644 5,790,310 2,080,653
Mortgages, notes, and
bonds payable in
less than 1 year 51,766,615 42,447,731 748,986
Other current
liabilities 14,443,853 5,418,255 1,501,600
Loans from stockholders 18,939,835 6,319,153 731,353
Mortgages, notes,
and bonds payable
in 1 year or more 29,894,390 8,466,884 1,399,629
Other liabilities 2,786,655 720,082 281,895
Net worth, total 47,822,382 14,018,223 3,966,697
Capital stock 8,525,425 3,377,965 517,131
Paid-in or capital
surplus 13,648,220 3,855,083 659,584
Retained earnings,
unappropriated 28,313,610 7,464,025 2,792,637
Adjustments to
shareholders’
equity(1) 230,611 46,267 (*)74,676
Less: Cost of
treasury stock 2,895,483 725,118 77,332
Distribution and
transportation of goods
Wholesale and retail trade
Retail trade
Building
material
Elec- and garden Food
Item tronics equipment and
and and beverage
appliance supplies
dealers
(43) (44) (45)
Number of returns 17,299 19,718 52,362
Number of shareholders 31,112 38,827 96,797
Total assets 5,673,051 14,523,776 19,916,814
Cash 723,212 1,257,213 2,481,209
Notes and accounts
receivable 1,996,865 3,639,481 1,202,661
Less: Allowance for
bad debts 19,021 51,686 7,533
Inventories 1,417,052 5,212,113 4,796,142
Investments in
Government
obligations — (*)7,768 5,315
Tax-exempt securities (*)34,422 4,156 31,895
Other current assets 163,011 280,964 1,103,188
Loans to shareholders 111,178 320,812 354,058
Mortgage and real
estate loans (*)23,734 28,906 140,736
Other investments 109,814 984,767 1,058,163
Depreciable assets 1,767,688 5,527,022 14,572,991
Less: Accumulated
depreciation 953,395 3,389,641 8,364,761
Depletable assets 86 (*)18,222 (*)14,890
Less: Accumulated
depletion 86 (*)8,402 (*)1,081
Land 51,653 431,348 693,395
Intangible assets
(amortizable) 213,457 176,049 1,499,962
Less: Accumulated
amortization 50,357 46,933 500,308
Other assets 83,739 131,618 835,893
Total liabilities 5,673,051 14,523,776 19,916,814
Accounts payable 2,015,738 2,673,717 3,243,337
Mortgages, notes, and
bonds payable in
less than 1 year 418,533 1,654,238 1,077,884
Other current
liabilities 577,161 895,601 1,287,661
Loans from stockholders 356,312 913,736 2,627,544
Mortgages, notes,
and bonds payable
in 1 year or more 754,402 2,389,439 5,233,140
Other liabilities 57,923 292,074 279,048
Net worth, total 1,492,981 5,704,971 6,168,200
Capital stock 132,438 532,873 1,072,041
Paid-in or capital
surplus 369,965 630,720 1,005,472
Retained earnings,
unappropriated 1,040,077 4,840,741 4,464,913
Adjustments to
shareholders’
equity(1) (*)-11,505 (*)55,703 28,635
Less: Cost of
treasury stock 37,994 355,066 402,860
Distribution and
transportation of goods
Wholesale and retail trade
Retail trade
Clothing
Health and
Item and Gasoline clothing
personal stations acces-
care sories
(46) (47) (48)
Number of returns 20,123 20,221 27,995
Number of shareholders 32,803 36,978 48,039
Total assets 5,368,229 10,627,532 7,503,519
Cash 897,074 1,155,811 759,579
Notes and accounts
receivable 728,965 611,967 552,469
Less: Allowance for
bad debts 7,592 5,140 6,827
Inventories 1,921,052 1,131,077 4,218,164
Investments in
Government
obligations — (*)26,181 (*)816
Tax-exempt securities (*)12,063 (*)2,244 (*)89,458
Other current assets 123,366 255,826 285,899
Loans to shareholders 113,089 99,885 94,821
Mortgage and real
estate loans (*)5,102 34,578 (*)10,900
Other investments 319,552 557,771 309,979
Depreciable assets 1,993,819 8,369,022 2,379,366
Less: Accumulated
depreciation 1,202,017 3,701,739 1,403,753
Depletable assets (*)2,178 (*)8,915 —
Less: Accumulated
depletion (*)533 (*)3,624 —
Land 45,330 1,248,357 59,618
Intangible assets
(amortizable) 388,830 765,855 132,479
Less: Accumulated
amortization 140,370 204,104 49,376
Other assets 168,323 274,649 69,929
Total liabilities 5,368,229 10,627,532 7,603,519
Accounts payable 1,026,537 1,075,727 1,530,085
Mortgages, notes, and
bonds payable in
less than 1 year 292,082 499,765 617,147
Other current
liabilities 356,695 586,044 515,636
Loans from stockholders 679,385 870,424 1,011,295
Mortgages, notes,
and bonds payable
in 1 year or more 1,017,950 4,145,485 1,021,272
Other liabilities 150,723 127,779 222,123
Net worth, total 1,844,858 3,322,307 2,585,961
Capital stock 363,727 608,777 417,117
Paid-in or capital
surplus 634,297 874,570 732,914
Retained earnings,
unappropriated 1,121,051 1,935,862 1,562,600
Adjustments to
shareholders’
equity(1) (*)16,618 (*)1,914 (*)-4,577
Less: Cost of
treasury stock 290,835 98,816 122,092
Distribution and
transportation of goods
Wholesale and retail trade
Retail trade
Sporting
goods, General Miscel-
Item hobby, mer- laneous
book, and chandise store
music retailers
(49) (50) (51)
Number of returns 20,180 7,823 64,065
Number of shareholders 42,721 13,741 110,085
Total assets 5,507,045 3,454,378 16,773,125
Cash 449,422 372,955 1,930,929
Notes and accounts
receivable 575,178 380,268 2,166,896
Less: Allowance for
bad debts 10,709 2,953 13,634
Inventories 2,768,296 1,620,874 7,385,522
Investments in
Government
obligations 449 11,874 497
Tax-exempt securities 495 608 (*)14,487
Other current assets 219,011 62,734 444,627
Loans to shareholders 44,977 (*)31,609 257,440
Mortgage and real
estate loans 2,289 (*)382 60,817
Other investments 174,741 130,415 534,110
Depreciable assets 2,047,413 1,330,757 6,637,741
Less: Accumulated
depreciation 1,075,831 716,683 3,741,859
Depletable assets — — (*)56
Less: Accumulated
depletion — — (*)31
Land 106,915 80,614 418,971
Intangible assets
(amortizable) 137,741 106,168 629,605
Less: Accumulated
amortization 47,861 42,813 268,574
Other assets 114,520 87,568 315,524
Total liabilities 5,507,045 3,454,378 16,773,125
Accounts payable 1,342,166 658,913 3,013,622
Mortgages, notes, and
bonds payable in
less than 1 year 685,968 251,487 2,242,023
Other current
liabilities 397,801 302,993 1,594,316
Loans from stockholders 1,163,187 439,179 2,849,034
Mortgages, notes,
and bonds payable
in 1 year or more 792,683 516,343 2,722,948
Other liabilities 88,041 61,872 348,677
Net worth, total 1,037,199 1,223,591 4,002,507
Capital stock 379,598 146,779 702,597
Paid-in or capital
surplus 1,895,761 690,634 1,473,042
Retained earnings,
unappropriated -1,106,159 497,406 2,057,833
Adjustments to
shareholders’
equity(1) -900 76 (*)16,185
Less: Cost of
treasury stock 131,101 111,304 247,151
Distribution and
transportation of goods
Trans-
Wholesale and portation
retail trade and ware-
housing
Retail
trade
Wholesale
and
Nonstore retail
Item retailers trade Total
not
allocable
(52) (53) (54)
Number of returns 22,547 419 81,305
Number of shareholders 37,620 515 135,722
Total assets 8,205,455 336,417 37,972,985
Cash 1,042,648 31,753 3,459,078
Notes and accounts
receivable 1,545,606 25,062 6,736,393
Less: Allowance for
bad debts 67,105 370 77,827
Inventories 1,676,790 113,019 755,217
Investments in
Government
obligations 86,735 — 113,181
Tax-exempt securities (*)13,423 — 22,937
Other current assets 541,169 8,555 1,976,511
Loans to shareholders 181,056 (*)4,894 1,023,679
Mortgage and real
estate loans (*)55,585 — 139,834
Other investments 754,006 14,399 2,371,119
Depreciable assets 4,779,453 120,549 40,197,078
Less: Accumulated
depreciation 3,018,093 32,315 21,076,494
Depletable assets 1,722 — (*)187,059
Less: Accumulated
depletion 1,297 — (*)144,239
Land 96,333 (*)29,144 734,441
Intangible assets
(amortizable) 511,689 (*)21,970 664,574
Less: Accumulated
amortization 209,628 (*)2,372 183,576
Other assets 215,363 (*)2,128 1,074,020
Total liabilities 8,205,455 336,417 37,672,985
Accounts payable 1,339,838 40,364 3,658,632
Mortgages, notes, and
bonds payable in
less than 1 year 830,772 61,227 4,227,145
Other current
liabilities 1,010,092 28,080 2,656,013
Loans from stockholders 979,231 (*)12,908 4,112,008
Mortgages, notes,
and bonds payable
in 1 year or more 1,434,216 143,770 12,198,872
Other liabilities 156,418 (*)10,039 797,615
Net worth, total 2,454,887 40,028 10,322,700
Capital stock 274,382 5,967 1,483,681
Paid-in or capital
surplus 826,179 12,407 5,911,502
Retained earnings,
unappropriated 1,642,623 21,674 3,733,811
Adjustments to
shareholders’
equity(1) (*)7,518 — -18,668
Less: Cost of
treasury stock 295,815 20 787,606
Distribution and
transportation of goods
Transportation and warehousing
Transit
Air, rail, and
and water Truck ground
Item trans- trans- passenger
portation portation trans-
portation
(55) (56) (57)
Number of returns 5,993 40,805 8,049
Number of shareholders 7,971 70,300 10,642
Total assets 8,744,329 16,143,376 3,058,639
Cash 695,490 1,489,597 201,552
Notes and accounts
receivable 684,532 3,407,873 403,448
Less: Allowance for
bad debts 10,063 42,302 1,677
Inventories 184,246 109,653 33,827
Investments in
Government
obligations 18,434 11,913 588
Tax-exempt securities 5,630 (*)6,601 —
Other current assets 352,294 749,718 184,472
Loans to shareholders 264,252 417,082 160,853
Mortgage and real
estate loans (*)44,716 (*)31,616 1,605
Other investments 597,099 717,845 128,522
Depreciable assets 9,089,365 20,168,125 3,058,751
Less: Accumulated
depreciation 3,650,852 11,618,232 1,647,541
Depletable assets 2,530 (*)181,981 1,903
Less: Accumulated
depletion 2,183 (*)141,162 306
Land 43,842 280,769 41,148
Intangible assets
(amortizable) 46,423 224,758 166,283
Less: Accumulated
amortization 20,609 77,744 20,981
Other assets 399,184 225,284 346,092
Total liabilities 8,744,329 18,143,376 3,058,539
Accounts payable 480,548 1,420,072 250,602
Mortgages, notes, and
bonds payable in
less than 1 year 621,783 2,321,507 450,029
Other current
liabilities 412,105 1,191,479 232,464
Loans from stockholders 1,363,805 746,381 221,725
Mortgages, notes,
and bonds payable
in 1 year or more 3,246,873 5,327,903 1,144,107
Other liabilities 175,355 212,625 74,465
Net worth, total 2,443,860 4,923,409 685,147
Capital stock 624,276 407,439 96,177
Paid-in or capital
surplus 3,201,609 550,648 178,192
Retained earnings,
unappropriated -1,098,949 4,188,389 505,401
Adjustments to
shareholders’
equity(1) (*)-51,244 20,841 3,074
Less: Cost of
treasury stock 231,832 243,907 (*)97,697
Distribution and
transportation of goods
Transportation and warehousing
Other
trans-
Pipeline portation Ware-
Item trans- and housing
portation support and
acti- storage
vities
(58) (59) (60)
Number of returns (*)47 22,794 3,615
Number of shareholders (*)81 37,597 9,131
Total assets (*)371,817 6,453,738 3,201,185
Cash (*)22,880 763,443 286,116
Notes and accounts
receivable (*)63,637 1,681,948 494,954
Less: Allowance for
bad debts — 21,490 2,295
Inventories (*)934 320,479 106,077
Investments in
Government
obligations (*)24,339 (*)13,331 (*)44,576
Tax-exempt securities — 9,351 1,355
Other current assets (*)21,893 505,946 162,187
Loans to shareholders (*)2,261 104,282 74,949
Mortgage and real
estate loans — (*)14,956 (*)46,942
Other investments (*)45,854 545,266 336,533
Depreciable assets (*)221,614 4,856,777 2,802,446
Less: Accumulated
depreciation (*)106,182 2,628,825 1,424,863
Depletable assets — — 645
Less: Accumulated
depletion — — 587
Land (*)130 174,477 194,074
Intangible assets
(amortizable) (*)53,287 132,586 41,238
Less: Accumulated
amortization (*)11,940 33,644 18,658
Other assets (*)33,108 14,855 55,496
Total liabilities (*)371,817 6,453,738 3,201,185
Accounts payable (*)61,909 1,127,686 317,815
Mortgages, notes, and
bonds payable in
less than 1 year (*)53,631 550,487 229,708
Other current
liabilities (*)6,636 590,452 222,878
Loans from stockholders (*)3,064 1,691,277 85,757
Mortgages, notes,
and bonds payable
in 1 year or more (*)66,317 1,408,679 1,004,992
Other liabilities (*)112,921 114,920 107,329
Net worth, total (*)67,339 970,238 1,232,706
Capital stock (*)89 272,614 83,066
Paid-in or capital
surplus (*)92,590 1,733,663 154,801
Retained earnings,
unappropriated (*)46,425 -990,257 1,082,801
Adjustments to
shareholders’
equity(1) (*)32 (*)12,856 (*)-4,228
Less: Cost of
treasury stock (*)71,798 58,638 83,734
Information
Motion
picture
Publishing and sound
Item Total industries recording
indus-
tries
(61) (62) (63)
Number of returns 56,082 16,724 13,479
Number of shareholders 115,281 34,821 22,131
Total assets 36,075,986 13,839,555 5,475,256
Cash 3,982,749 1,562,803 687,140
Notes and accounts
receivable 5,439,983 2,468,690 635,119
Less: Allowance for
bad debts 220,860 151,506 5,136
Inventories 1,255,968 727,545 319,696
Investments in
Government
obligations 270,704 149,101 (*)28,914
Tax-exempt securities 314,351 115,320 3,038
Other current assets 2,853,407 928,548 434,898
Loans to shareholders 870,524 240,923 211,117
Mortgage and real
estate loans 79,754 (*)23,994 (*)46,152
Other investments 7,959,432 3,425,437 1,076,437
Depreciable assets 15,716,702 5,011,154 3,123,026
Less: Accumulated
depreciation 8,983,498 2,994,748 1,618,716
Depletable assets (*)644 — —
Less: Accumulated
depletion (*)427 — —
Land 592,105 184,899 120,180
Intangible assets
(amortizable) 4,852,807 1,805,246 488,636
Less: Accumulated
amortization 1,627,571 453,088 360,501
Other assets 1,719,212 795,236 285,256
Total liabilities 35,075,986 13,839,555 5,475,256
Accounts payable 2,830,554 1,261,690 301,707
Mortgages, notes, and
bonds payable in
less than 1 year 1,893,892 608,136 402,414
Other current
liabilities 4,457,338 2,428,286 493,627
Loans from stockholders 3,903,298 872,631 1,265,968
Mortgages, notes,
and bonds payable
in 1 year or more 7,865,272 1,807,459 1,243,152
Other liabilities 2,002,807 1,260,616 136,916
Net worth, total 12,122,824 5,600,736 1,631,472
Capital stock 1,828,702 1,006,274 129,955
Paid-in or capital
surplus 6,182,179 1,261,345 1,318,562
Retained earnings,
unappropriated 4,908,720 3,641,264 205,841
Adjustments to
shareholders’
equity(1) -110,854 86,518 919
Less: Cost of
treasury stock 685,923 394,664 (*)23,806
Finance,
insurance,
real
Information estate, and
rental and
leasing
Broadcasting
Item and telecom- Information Total
munications services
(64) (65) (66)
Number of returns 17,690 8,189 403,085
Number of shareholders 44,453 13,877 880,071
Total assets 13,845,364 1,915,811 267,895,392
Cash 1,294,977 437,830 22,075,240
Notes and accounts
receivable 1,971,890 364,284 38,732,674
Less: Allowance for
bad debts 59,867 4,352 395,326
Inventories 205,754 2,974 1,252,316
Investments in
Government
obligations 92,689 — 9,395,493
Tax-exempt securities 189,445 6,549 1,480,443
Other current assets 1,029,165 460,796 21,189,211
Loans to shareholders 407,975 (*)10,508 5,467,950
Mortgage and real
estate loans (*)9,608 — 17,791,974
Other investments 3,327,852 129,707 38,967,914
Depreciable assets 6,721,759 860,764 126,580,144
Less: Accumulated
depreciation 3,872,185 497,850 47,176,934
Depletable assets (*)644 — 239,552
Less: Accumulated
depletion (*)427 — 70,130
Land 273,959 13,067 23,754,941
Intangible assets
(amortizable) 2,430,036 128,889 4,278,634
Less: Accumulated
amortization 754,464 59,518 1,461,640
Other assets 576,557 62,163 5,792,935
Total liabilities 13,845,364 1,915,811 267,895,392
Accounts payable 1,097,906 169,251 15,242,905
Mortgages, notes, and
bonds payable in
less than 1 year 719,427 163,915 26,881,830
Other current
liabilities 1,010,344 525,081 40,065,410
Loans from stockholders 1,452,305 312,395 27,408,173
Mortgages, notes,
and bonds payable
in 1 year or more 4,293,086 521,575 83,603,546
Other liabilities 557,197 48,078 10,081,641
Net worth, total 4,715,100 175,517 64,611,888
Capital stock 600,644 91,829 13,079,961
Paid-in or capital
surplus 3,027,491 574,781 33,703,800
Retained earnings,
unappropriated 1,544,745 -483,130 19,736,446
Adjustments to
shareholders’
equity(1) -196,605 (*)-1,686 445,447
Less: Cost of
treasury stock 261,175 (*)6,277 2,353,766
Finance, insurance, real estate,
and rental and leasing
Finance and insurance
Non-
Depository depository
credit credit
Item Total inter- inter-
mediation mediation
(67) (68) (69)
Number of returns 102,884 746 21,525
Number of shareholders 197,735 6,406 38,978
Total assets 109,971,229 25,423,460 29,023,384
Cash 11,811,395 1,506,086 2,767,800
Notes and accounts
receivable 31,325,435 11,221,247 9,693,551
Less: Allowance for
bad debts 311,976 130,384 148,970
Inventories 38,525 137 (*)3,581
Investments in
Government
obligations 8,705,580 3,397,856 (*)11,479
Tax-exempt securities 1,237,922 702,213 (*)26,084
Other current assets 10,440,511 799,575 2,621,413
Loans to shareholders 1,631,982 3,886 339,912
Mortgage and real
estate loans 13,654,338 4,318,307 8,643,668
Other investments 22,728,776 2,826,456 2,558,293
Depreciable assets 9,073,750 688,543 1,798,535
Less: Accumulated
depreciation 4,748,142 276,842 762,200
Depletable assets 137,183 554 (*)156
Less: Accumulated
depletion (*)58,057 — —
Land 628,781 64,338 73,012
Intangible assets
(amortizable) 1,845,774 44,078 336,611
Less: Accumulated
amortization 625,193 14,570 145,210
Other assets 2,454,644 271,979 1,205,670
Total liabilities 109,971,229 25,423,460 29,023,384
Accounts payable 11,845,609 2,148,284 1,063,622
Mortgages, notes, and
bonds payable in
less than 1 year 14,895,962 279,631 9,689,455
Other current
liabilities 34,346,283 18,652,076 4,286,738
Loans from stockholders 5,360,855 20,231 1,742,437
Mortgages, notes,
and bonds payable
in 1 year or more 11,933,419 682,155 6,328,695
Other liabilities 3,802,070 455,558 1,471,151
Net worth, total 27,787,031 3,185,525 4,441,287
Capital stock 2,835,422 181,068 671,517
Paid-in or capital
surplus 11,479,554 617,733 1,274,159
Retained earnings,
unappropriated 13,816,012 2,194,713 2,512,515
Adjustments to
shareholders’
equity(1) 409,102 218,126 40,260
Less: Cost of
treasury stock 753,059 26,116 57,163
Finance, insurance, real estate,
and rental and leasing
Finance and insurance
Securities,
commodity, Funds,
contracts, Insurance trusts,
other financial carriers and and other
Item investments and related financial
related activities vehicles
activities
(70) (71) (72)
Number of returns 33,846 45,777 990
Number of shareholders 72,137 77,876 2,337
Total assets 43,717,829 10,689,315 1,117,241
Cash 4,528,963 2,911,469 97,078
Notes and accounts
receivable 7,660,077 2,675,895 74,666
Less: Allowance for
bad debts 18,587 13,828 207
Inventories 25,136 — (*)9,671
Investments in
Government
obligations 5,220,005 66,230 10,009
Tax-exempt securities 425,059 (*)62,483 22,083
Other current assets 6,056,326 829,206 133,991
Loans to shareholders 673,855 595,871 (*)18,458
Mortgage and real
estate loans 524,588 (*)33,492 (*)134,283
Other investments 15,628,622 1,179,798 535,607
Depreciable assets 3,172,422 3,346,557 67,692
Less: Accumulated
depreciation 1,554,194 2,122,194 32,711
Depletable assets (*)136,173 (*)299 —
Less: Accumulated
depletion (*)57,758 (*)299 —
Land 337,194 148,430 5,807
Intangible assets
(amortizable) 390,214 1,073,997 (*)875
Less: Accumulated
amortization 77,898 386,935 (*)579
Other assets 647,632 288,845 40,519
Total liabilities 43,717,829 10,689,318 1,117,241
Accounts payable 5,146,838 3,477,940 8,925
Mortgages, notes, and
bonds payable in
less than 1 year 3,972,156 813,368 141,352
Other current
liabilities 9,821,437 1,406,449 179,583
Loans from stockholders 2,876,167 663,875 (*)58,145
Mortgages, notes,
and bonds payable
in 1 year or more 3,395,908 1,420,180 106,482
Other liabilities 1,505,552 330,884 38,924
Net worth, total 16,999,771 2,576,619 583,831
Capital stock 1,693,057 221,108 68,673
Paid-in or capital
surplus 8,653,341 734,941 199,380
Retained earnings,
unappropriated 6,862,298 1,931,820 314,666
Adjustments to
shareholders’
equity(1) 140,408 7,119 3,190
Less: Cost of
treasury stock 349,334 318,369 2,077
Finance, insurance, real estate,
and rental and leasing
Real estate and rental and leasing
Rental
Item Total Real and leasing
estate services
(73) (74) (75)
Number of returns 300,201 271,573 27,939
Number of shareholders 682,336 624,108 55,666
Total assets 157,924,163 136,877,752 20,749,757
Cash 10,263,844 9,027,804 1,216,951
Notes and accounts
receivable 7,407,239 5,283,967 2,072,772
Less: Allowance for
bad debts 83,350 47,135 36,122
Inventories 1,213,791 175,896 1,037,027
Investments in
Government
obligations 689,913 664,083 25,830
Tax-exempt securities 242,521 241,619 902
Other current assets 10,748,700 9,620,089 1,124,821
Loans to shareholders 3,835,968 3,315,278 491,146
Mortgage and real
estate loans 4,137,637 4,075,733 61,904
Other investments 16,239,138 14,614,149 1,563,391
Depreciable assets 117,506,394 91,516,629 25,961,190
Less: Accumulated
depreciation 42,428,792 28,809,631 13,603,332
Depletable assets 102,369 102,327 (*)42
Less: Accumulated
depletion 12,073 12,073 —
Land 23,126,160 22,843,274 281,284
Intangible assets
(amortizable) 2,432,860 2,021,000 202,123
Less: Accumulated
amortization 836,448 677,659 65,860
Other assets 3,338,291 2,922,402 415,687
Total liabilities 157,924,163 136,877,752 20,749,757
Accounts payable 3,397,296 2,358,938 990,079
Mortgages, notes, and
bonds payable in
less than 1 year 11,985,868 8,103,400 3,877,069
Other current
liabilities 5,719,126 4,824,569 886,628
Loans from stockholders 22,047,318 20,417,829 1,625,441
Mortgages, notes,
and bonds payable
in 1 year or more 71,670,127 63,907,650 7,582,998
Other liabilities 6,279,571 6,011,260 267,826
Net worth, total 36,824,857 31,254,108 5,519,716
Capital stock 10,244,538 9,746,723 478,387
Paid-in or capital
surplus 22,224,247 19,552,976 2,663,547
Retained earnings,
unappropriated 5,920,434 3,337,872 2,558,681
Adjustments to
shareholders’
equity(1) 36,345 47,326 -10,981
Less: Cost of
treasury stock 1,600,707 1,430,790 169,917
Finance,
insurance,
real
estate, Professional and
and rental business services
and
leasing
Profes-
Real sional,
estate and scien-
rental and tific, and
leasing technical
services
Lessors
of non-
Item financial Total Total
intangible
assets
(76) (77) (78)
Number of returns (*)690 505,090 371,152
Number of shareholders (*)2,562 814,939 572,538
Total assets (*)296,654 171,445,590 56,669,189
Cash (*)19,089 20,016,038 11,582,687
Notes and accounts
receivable (*)50,500 65,102,496 14,085,790
Less: Allowance for
bad debts (*)93 766,804 123,236
Inventories (*)868 2,517,357 1,860,896
Investments in
Government
obligations — 12,850,929 414,938
Tax-exempt securities — 3,413,263 207,416
Other current assets (*)3,790 11,069,449 4,723,447
Loans to shareholders (*)29,545 3,352,391 2,148,154
Mortgage and real
estate loans — 2,576,723 214,111
Other investments (*)61,598 25,318,352 6,104,722
Depreciable assets (*)28,575 45,674,574 28,418,987
Less: Accumulated
depreciation (*)15,829 27,455,320 17,263,632
Depletable assets — 59,326 (*)20,076
Less: Accumulated
depletion — 30,017 (*)8,466
Land (*)1,602 1,584,703 752,329
Intangible assets
(amortizable) (*)209,737 4,332,489 2,322,603
Less: Accumulated
amortization (*)92,929 1,466,771 629,695
Other assets (*)202 3,296,412 1,838,063
Total liabilities (*)296,654 171,445,590 56,669,189
Accounts payable (*)48,279 17,868,097 7,332,067
Mortgages, notes, and
bonds payable in
less than 1 year (*)5,399 11,868,990 5,907,043
Other current
liabilities (*)7,930 71,316,624 9,126,058
Loans from stockholders (*)4,049 11,777,249 7,911,075
Mortgages, notes,
and bonds payable
in 1 year or more (*)179,479 15,047,342 7,958,634
Other liabilities (*)485 4,998,206 2,353,485
Net worth, total (*)51,033 38,569,082 16,080,828
Capital stock (*)19,429 4,320,146 2,405,596
Paid-in or capital
surplus (*)7,723 16,546,862 8,072,940
Retained earnings,
unappropriated (*)23,881 19,400,314 6,678,026
Adjustments to
shareholders’
equity(1) — 251,852 165,565
Less: Cost of
treasury stock — 1,950,092 1,241,299
Professional and business services
Professional, scientific,
and technical services
Accounting,
tax Architectural,
preparation, engineering
Item Legal bookkeeping, and
services and related
payroll services
services
(79) (80) (81)
Number of returns 36,524 26,683 49,457
Number of shareholders 50,134 42,893 82,887
Total assets 4,503,258 1,701,834 6,056,686
Cash 1,354,711 388,392 1,196,499
Notes and accounts
receivable 229,192 172,763 1,641,914
Less: Allowance for
bad debts (*)440 48 14,907
Inventories 4,334 9 305,340
Investments in
Government
obligations (*)78,173 (*)51,762 1,968
Tax-exempt securities (*)41,774 — (*)39,890
Other current assets 672,673 76,357 274,275
Loans to shareholders 265,359 94,032 285,004
Mortgage and real
estate loans (*)16,211 — (*)11,055
Other investments 457,608 265,663 331,640
Depreciable assets 2,170,335 1,218,351 4,919,572
Less: Accumulated
depreciation 1,461,371 845,007 3,262,207
Depletable assets — (*)12,453 3,331
Less: Accumulated
depletion — (*)4,494 865
Land 42,521 (*)21,400 45,798
Intangible assets
(amortizable) 19,051 283,169 166,693
Less: Accumulated
amortization 9,537 67,921 35,107
Other assets 622,665 34,952 146,792
Total liabilities 4,503,258 1,701,834 6,056,686
Accounts payable 125,534 68,842 649,476
Mortgages, notes, and
bonds payable in
less than 1 year 345,055 244,288 622,145
Other current
liabilities 1,075,597 309,566 909,514
Loans from stockholders 336,182 236,706 555,438
Mortgages, notes,
and bonds payable
in 1 year or more 422,377 420,814 965,521
Other liabilities 518,650 101,166 109,119
Net worth, total 1,679,863 320,452 2,245,473
Capital stock 68,134 66,095 383,227
Paid-in or capital
surplus 1,090,700 209,318 558,437
Retained earnings,
unappropriated 600,476 78,738 1,487,697
Adjustments to
shareholders’
equity(1) (*)2,609 (*)4,986 -15,564
Less: Cost of
treasury stock 82,057 (*)38,684 168,324
Professional and business services
Professional, scientific,
and technical services
Other
Computer professional,
Specialized systems scientific
Item design design and and
services related technical
services services
(82) (83) (84)
Number of returns 19,242 58,753 180,493
Number of shareholders 23,663 94,199 278,763
Total assets 2,509,416 6,789,630 35,108,365
Cash 617,902 1,861,088 6,164,094
Notes and accounts
receivable 548,024 2,145,948 9,347,950
Less: Allowance for
bad debts 5,235 17,836 84,771
Inventories 297,786 276,592 976,835
Investments in
Government
obligations 366 (*)6,094 276,575
Tax-exempt securities 1,822 50,603 73,327
Other current assets 115,511 444,358 3,140,273
Loans to shareholders 82,477 172,200 1,249,082
Mortgage and real
estate loans (*)1,543 793 184,509
Other investments 167,692 336,396 4,545,724
Depreciable assets 1,455,714 3,006,009 15,649,005
Less: Accumulated
depreciation 857,967 1,786,344 9,050,737
Depletable assets — — (*)4,292
Less: Accumulated
depletion — — (*)3,107
Land (*)4,862 39,106 598,642
Intangible assets
(amortizable) 34,193 218,251 1,601,246
Less: Accumulated
amortization 8,479 86,192 422,460
Other assets 53,204 122,563 857,887
Total liabilities 2,509,416 6,789,630 35,108,365
Accounts payable 249,953 942,604 5,295,658
Mortgages, notes, and
bonds payable in
less than 1 year 167,903 1,034,969 3,492,683
Other current
liabilities 481,803 1,266,334 5,083,244
Loans from stockholders 310,392 859,996 5,612,361
Mortgages, notes,
and bonds payable
in 1 year or more 216,642 891,041 5,042,239
Other liabilities 139,608 250,108 1,234,834
Net worth, total 943,115 1,544,577 9,347,347
Capital stock 94,371 337,946 1,455,823
Paid-in or capital
surplus 156,432 347,693 5,710,360
Retained earnings,
unappropriated 727,425 975,977 2,807,713
Adjustments to
shareholders’
equity(1) — 105,399 68,135
Less: Cost of
treasury stock (*)35,113 222,438 694,683
Professional and business services
Administrative and support
and waste management and
remediaton services
Administrative
Management and
Item of Total support
companies services
(85) (86) (87)
Number of returns 11,471 122,466 116,389
Number of shareholders 39,780 202,621 189,392
Total assets 92,647,205 22,129,197 17,300,122
Cash 4,381,963 4,051,388 3,348,279
Notes and accounts
receivable 46,240,959 4,775,747 3,912,944
Less: Allowance for
bad debts 589,456 54,112 40,647
Inventories 30,209 626,252 532,214
Investments in
Government
obligations 12,397,120 38,871 30,262
Tax-exempt securities 3,169,484 36,363 33,225
Other current assets 4,144,530 2,201,472 1,840,842
Loans to shareholders 403,485 800,752 679,948
Mortgage and real
estate loans 2,270,520 92,092 72,221
Other investments 17,139,484 2,074,146 1,585,386
Depreciable assets 2,843,383 14,412,205 10,303,295
Less: Accumulated
depreciation 1,259,037 8,932,651 6,312,113
Depletable assets 8,285 (*)30,965 (*)88
Less: Accumulated
depletion 3,162 (*)18,389 (*)44
Land 355,889 476,484 225,711
Intangible assets
(amortizable) 301,944 1,707,942 1,255,600
Less: Accumulated
amortization 82,685 754,391 517,565
Other assets 894,290 564,060 350,475
Total liabilities 92,647,206 22,129,197 17,300,122
Accounts payable 8,274,971 2,261,060 1,920,135
Mortgages, notes, and
bonds payable in
less than 1 year 3,592,679 2,369,268 1,933,832
Other current
liabilities 59,359,538 2,831,028 2,508,904
Loans from stockholders 926,753 2,939,421 2,318,651
Mortgages, notes,
and bonds payable
in 1 year or more 1,974,532 5,114,176 3,910,368
Other liabilities 1,569,952 1,074,769 728,473
Net worth, total 16,948,781 5,539,473 3,979,759
Capital stock 1,066,193 848,357 698,068
Paid-in or capital
surplus 6,323,823 2,150,099 1,706,122
Retained earnings,
unappropriated 9,890,823 2,831,465 1,850,704
Adjustments to
shareholders’
equity(1) -17,667 103,954 12,448
Less: Cost of
treasury stock 314,391 394,402 287,583
Profes-
sional and Education, health and
business social assistance
services
Adminis-
trative
and
support
and waste
management
and
remediaton
services
Waste
management
Item and reme- Total Educational
diation services
services
(88) (89) (90)
Number of returns 6,077 155,372 20,527
Number of shareholders 13,229 248,508 33,545
Total assets 4,829,075 27,619,270 3,278,509
Cash 703,109 4,119,140 679,403
Notes and accounts
receivable 862,803 4,990,206 724,813
Less: Allowance for
bad debts 13,465 219,180 31,231
Inventories 94,038 338,117 68,790
Investments in
Government
obligations 8,609 25,547 1,316
Tax-exempt securities 3,138 (*)7,116 5,282
Other current assets 360,630 1,817,620 276,565
Loans to shareholders 120,804 1,253,055 99,922
Mortgage and real
estate loans (*)19,870 124,967 (*)41,861
Other investments 488,760 1,453,515 181,653
Depreciable assets 4,108,909 23,230,484 2,326,598
Less: Accumulated
depreciation 2,620,538 12,504,437 1,416,544
Depletable assets 30,877 (*)2,793 (*)1,836
Less: Accumulated
depletion 18,345 (*)1,735 (*)1,735
Land 250,774 800,616 155,566
Intangible assets
(amortizable) 452,342 2,082,471 181,726
Less: Accumulated
amortization 236,826 706,612 73,192
Other assets 213,585 805,587 55,880
Total liabilities 4,829,075 27,619,270 3,278,509
Accounts payable 340,926 1,797,679 240,339
Mortgages, notes, and
bonds payable in
less than 1 year 435,436 3,156,981 154,113
Other current
liabilities 322,124 4,282,382 745,767
Loans from stockholders 620,770 3,784,682 662,233
Mortgages, notes,
and bonds payable
in 1 year or more 1,203,808 9,800,253 544,447
Other liabilities 346,296 1,009,417 147,897
Net worth, total 1,559,714 3,787,877 783,714
Capital stock 150,288 1,048,184 171,852
Paid-in or capital
surplus 443,978 2,315,912 454,249
Retained earnings,
unappropriated 980,761 865,937 273,318
Adjustments to
shareholders’
equity(1) (*)91,507 102,832 (*)-6,534
Less: Cost of
treasury stock 106,819 544,987 109,172
Education, health and social assistance
Health care and social assistance
Offices of Offices
physicians of other
Item Total and health
dentists practitioners
(91) (92) (93)
Number of returns 134,844 55,822 37,462
Number of shareholders 214,963 76,123 56,167
Total assets 24,340,761 6,232,192 2,839,100
Cash 3,439,737 1,387,434 479,477
Notes and accounts
receivable 4,265,394 391,749 547,080
Less: Allowance for
bad debts 187,949 (*)26,717 (*)5,336
Inventories 269,327 56,209 83,356
Investments in
Government
obligations 24,231 262 —
Tax-exempt securities (*)1,834 (*)1,157 —
Other current assets 1,541,056 337,999 443,260
Loans to shareholders 1,153,133 515,923 225,867
Mortgage and real
estate loans 83,106 (*)2,629 1,539
Other investments 1,271,862 435,170 155,986
Depreciable assets 20,903,885 6,531,525 2,472,731
Less: Accumulated
depreciation 11,087,893 4,177,230 1,800,725
Depletable assets (*)957 — —
Less: Accumulated
depletion — — —
Land 645,050 74,999 (*)38,526
Intangible assets
(amortizable) 1,900,745 955,833 237,518
Less: Accumulated
amortization 633,420 300,128 79,812
Other assets 749,707 45,377 39,634
Total liabilities 24,340,761 6,232,192 2,839,100
Accounts payable 1,557,340 89,615 123,844
Mortgages, notes, and
bonds payable in
less than 1 year 3,002,868 733,259 555,839
Other current
liabilities 3,536,615 789,171 287,211
Loans from stockholders 3,122,448 725,017 437,532
Mortgages, notes,
and bonds payable
in 1 year or more 9,255,806 1,898,873 504,888
Other liabilities 861,521 164,588 127,900
Net worth, total 3,004,163 1,831,669 801,886
Capital stock 876,331 252,397 112,782
Paid-in or capital
surplus 1,861,662 385,293 288,691
Retained earnings,
unappropriated 592,619 1,269,385 375,224
Adjustments to
shareholders’
equity(1) 109,366 — (*)30,670
Less: Cost of
treasury stock 435,815 75,406 (*)5,482
Education, health and social assistance
Health care and social assistance
Hospitals,
Miscellaneous nursing,
Outpatient health and resi-
Item care care and dential
centers social care
assistance facilities
(94) (95) (96)
Number of returns 3,904 26,698 10,958
Number of shareholders 5,387 50,638 26,648
Total assets 952,041 3,783,014 10,534,414
Cash 152,386 522,805 897,635
Notes and accounts
receivable 224,256 867,737 2,234,572
Less: Allowance for
bad debts (*)3,674 57,743 94,479
Inventories (*)11,270 65,199 53,293
Investments in
Government
obligations — 1,784 22,185
Tax-exempt securities — — 676
Other current assets 16,237 159,532 584,027
Loans to shareholders (*)36,972 149,544 224,827
Mortgage and real
estate loans — (*)47,264 31,674
Other investments 214,797 101,470 364,438
Depreciable assets 388,610 3,208,243 8,302,777
Less: Accumulated
depreciation 164,751 1,683,056 3,262,131
Depletable assets — (*)484 473
Less: Accumulated
depletion — — —
Land (*)25,723 86,353 419,449
Intangible assets
(amortizable) 56,144 284,793 366,456
Less: Accumulated
amortization 19,867 97,158 136,456
Other assets 13,937 125,764 524,997
Total liabilities 952,041 3,783,014 10,534,414
Accounts payable 94,265 196,739 1,052,877
Mortgages, notes, and
bonds payable in
less than 1 year 77,436 595,755 1,040,579
Other current
liabilities 87,131 996,299 1,376,803
Loans from stockholders 75,096 903,113 981,690
Mortgages, notes,
and bonds payable
in 1 year or more 252,430 1,305,473 5,294,142
Other liabilities (*)67,014 172,597 329,421
Net worth, total 298,668 -386,962 458,902
Capital stock 35,322 153,905 321,925
Paid-in or capital
surplus 288,634 440,553 458,492
Retained earnings,
unappropriated -63,408 -831,029 -157,554
Adjustments to
shareholders’
equity(1) (*)39,695 (*)-6,487 (*)45,488
Less: Cost of
treasury stock (*)1,575 143,903 209,449
Leisure, accommodation, and food services
Arts, entertainment,
and recreation
Other
arts,
Item Total Total entertainment,
and
recreation
(97) (98) (99)
Number of returns 201,973 54,882 27,128
Number of shareholders 418,882 109,006 44,167
Total assets 75,963,660 20,925,896 6,756,733
Cash 8,256,199 2,608,213 1,225,400
Notes and accounts
receivable 3,334,865 1,121,843 553,527
Less: Allowance for
bad debts 51,382 27,132 6,024
Inventories 1,982,370 500,410 171,554
Investments in
Government
obligations 449,211 (*)186,298 13,710
Tax-exempt securities 25,946 (*)22,285 9,835
Other current assets 2,793,022 993,123 512,465
Loans to shareholders 2,252,675 451,136 176,538
Mortgage and real
estate loans 780,502 182,288 (*)45,304
Other investments 5,109,174 1,980,113 1,122,776
Depreciable assets 71,954,287 18,020,657 3,158,383
Less: Accumulated
depreciation 34,205,449 9,244,808 1,574,254
Depletable assets 38,769 (*)9,902 (*)6,994
Less: Accumulated
depletion (*)15,515 (*)5 —
Land 6,648,439 2,120,180 238,490
Intangible assets
(amortizable) 6,417,180 1,456,091 820,873
Less: Accumulated
amortization 2,205,046 665,741 386,794
Other assets 2,398,413 1,211,041 667,955
Total liabilities 75,963,660 20,925,896 6,756,733
Accounts payable 4,450,518 1,092,101 475,621
Mortgages, notes, and
bonds payable in
less than 1 year 4,176,576 1,440,527 266,272
Other current
liabilities 6,045,889 2,453,932 1,067,205
Loans from stockholders 17,067,907 6,188,271 3,109,573
Mortgages, notes,
and bonds payable
in 1 year or more 31,669,292 6,870,155 1,479,935
Other liabilities 2,116,802 1,018,118 565,925
Net worth, total 10,436,677 1,862,792 -207,798
Capital stock 5,245,272 1,445,817 524,557
Paid-in or capital
surplus 14,348,727 5,094,304 2,168,898
Retained earnings,
unappropriated -8,334,685 -4,457,180 -2,865,702
Adjustments to
shareholders’
equity(1) 59,944 27,033 (*)16,660
Less: Cost of
treasury stock 882,581 247,182 52,211
Leisure, accommodation,
and food services
Arts,
enter-
tainment, Accommodation and
and food services
recreation
Amusement,
gambling,
Item and Total Accommodation
recreation
industries
(100) (101) (102)
Number of returns 27,754 147,091 21,995
Number of shareholders 64,838 309,876 58,621
Total assets 14,169,163 55,037,764 25,701,252
Cash 1,382,813 5,647,985 1,929,219
Notes and accounts
receivable 568,316 2,213,022 792,907
Less: Allowance for
bad debts 21,108 24,250 5,798
Inventories 328,856 1,481,961 154,042
Investments in
Government
obligations (*)172,588 262,914 (*)219,457
Tax-exempt securities (*)12,450 (*)3,662 1,021
Other current assets 480,658 1,799,899 790,344
Loans to shareholders 274,598 1,801,539 821,817
Mortgage and real
estate loans 136,984 598,214 272,357
Other investments 857,337 3,129,061 1,799,238
Depreciable assets 14,862,274 53,933,629 24,840,268
Less: Accumulated
depreciation 7,670,554 24,960,641 9,508,397
Depletable assets (*)2,908 (*)28,867 (*)6,778
Less: Accumulated
depletion (*)5 (*)15,511 (*)418
Land 1,881,691 4,528,259 2,915,490
Intangible assets
(amortizable) 635,218 4,961,088 695,724
Less: Accumulated
amortization 278,948 1,539,305 198,947
Other assets 543,087 1,187,372 176,149
Total liabilities 14,169,163 55,037,764 25,701,262
Accounts payable 616,480 3,358,416 706,891
Mortgages, notes, and
bonds payable in
less than 1 year 1,174,255 2,736,049 922,348
Other current
liabilities 1,386,727 3,591,957 1,140,000
Loans from stockholders 3,078,698 10,879,636 4,101,118
Mortgages, notes,
and bonds payable
in 1 year or more 5,390,219 24,799,137 14,128,039
Other liabilities 452,192 1,098,684 498,796
Net worth, total 2,070,590 8,573,885 4,204,060
Capital stock 921,259 3,799,455 1,651,909
Paid-in or capital
surplus 2,925,407 9,254,422 6,152,193
Retained earnings,
unappropriated -1,591,479 -3,877,505 -3,381,017
Adjustments to
shareholders’
equity(1) (*)10,374 32,911 -36,184
Less: Cost of
treasury stock 194,971 635,399 182,841
Leisure,
accommo-
dation, Other services
and food
services
Accommo-
dation and
food
services
Food
services Repair
Item and Total and
drinking maintenance
places
(103) (104) (105)
Number of returns 125,096 150,437 75,611
Number of shareholders 251,256 242,773 119,151
Total assets 29,336,512 21,501,749 11,653,113
Cash 3,718,766 2,713,860 1,436,621
Notes and accounts
receivable 1,420,115 2,863,642 1,624,986
Less: Allowance for
bad debts 18,452 29,671 19,320
Inventories 1,327,919 1,790,382 1,385,337
Investments in
Government
obligations (*)43,456 (*)114,497 (*)3,345
Tax-exempt securities (*)2,640 31,876 (*)18,570
Other current assets 1,009,555 613,613 291,880
Loans to shareholders 979,722 559,030 326,326
Mortgage and real
estate loans 325,857 113,339 (*)44,793
Other investments 1,329,823 939,293 355,128
Depreciable assets 29,093,361 19,537,638 10,006,838
Less: Accumulated
depreciation 15,452,245 10,845,664 5,653,093
Depletable assets (*)22,089 (*)51,053 (*)10,620
Less: Accumulated
depletion (*)15,093 (*)13,453 (*)8,735
Land 1,612,769 1,361,659 896,515
Intangible assets
(amortizable) 4,265,364 1,706,196 947,130
Less: Accumulated
amortization 1,340,358 514,463 233,906
Other assets 1,011,223 508,923 220,077
Total liabilities 29,336,512 21,501,749 11,653,113
Accounts payable 2,651,526 1,901,934 1,277,536
Mortgages, notes, and
bonds payable in
less than 1 year 1,813,701 1,576,587 1,085,314
Other current
liabilities 2,451,957 1,404,743 644,776
Loans from stockholders 6,778,518 3,574,533 1,644,093
Mortgages, notes,
and bonds payable
in 1 year or more 10,671,098 6,612,763 3,835,180
Other liabilities 599,888 671,866 175,085
Net worth, total 4,369,824 5,759,322 2,991,130
Capital stock 2,147,546 1,213,623 573,368
Paid-in or capital
surplus 3,102,229 1,903,075 869,545
Retained earnings,
unappropriated -496,488 3,006,089 1,772,914
Adjustments to
shareholders’
equity(1) 69,095 16,045 (*)-34,493
Less: Cost of
treasury stock 452,558 379,509 190,205
Other services
Religious,
Personal grantmaking, Nature of
and civic, business
Item laundry professional, not
services and similar allocable
organizations
(106) (107) (108)
Number of returns 74,189 (*)637 10,804
Number of shareholders 120,715 (*)2,907 18,164
Total assets 9,802,056 (*)46,579 767,809
Cash 1,276,689 (*)550 216,577
Notes and accounts
receivable 1,238,656 — 96,883
Less: Allowance for
bad debts 10,351 — 8,934
Inventories 405,045 — 38,856
Investments in
Government
obligations (*)111,152 — 1,550
Tax-exempt securities (*)13,306 — 3,007
Other current assets 321,733 — (*)14,299
Loans to shareholders 218,990 (*)13,714 (*)45,421
Mortgage and real
estate loans (*)68,546 — (*)21,386
Other investments 584,145 (*)19 (*)14,811
Depreciable assets 9,498,605 (*)32,196 417,551
Less: Accumulated
depreciation 5,192,571 — 204,825
Depletable assets (*)40,433 — —
Less: Accumulated
depletion (*)4,717 — —
Land 465,143 — (*)39,509
Intangible assets
(amortizable) 758,802 (*)264 (*)22,158
Less: Accumulated
amortization 280,394 (*)164 (*)2,381
Other assets 288,846 — 51,941
Total liabilities 9,802,056 (*)46,579 767,809
Accounts payable 624,398 — 572,138
Mortgages, notes, and
bonds payable in
less than 1 year 491,273 — (*)16,083
Other current
liabilities 759,967 — 23,329
Loans from stockholders 1,928,330 (*)2,110 285,569
Mortgages, notes,
and bonds payable
in 1 year or more 2,777,583 — 169,726
Other liabilities 486,771 (*)10,010 63,369
Net worth, total 2,733,733 (*)34,460 -362,407
Capital stock 608,543 (*)31,711 25,065
Paid-in or capital
surplus 1,033,895 (*)-365 224,568
Retained earnings,
unappropriated 1,230,061 (*)3,113 -606,795
Adjustments to
shareholders’
equity(1) (*)50,538 — 1,660
Less: Cost of
treasury stock 189,305 — (*)6,904
(*) Estimate should be used with caution because of the small number
of sample returns on which it is based.
(1) Adjustments to shareholders’ equity was added to the Form 1120S,
U.S. Tax Return for an S Corporation, for Tax Year 1997. Some examples
of adjustments included in this field are unrealized gains and losses
on securities held “available for sale”; foreign currency translation
adjustments; the excess of additional pension liability over
unrecognized prior service cost; guarantees of employee stock debt; and
compensation related to employee stock award plans.
NOTE: Detail may not add to total due to rounding.
Table 4.–S Corporations: Real Estate Rental Income,
by Selected Industrial Divisions and Sectors
[All figures are estimates based on samples–moneyamounts are in thousands of dollars]
Agriculture,
All forestry,
Item industries fishing Mining Utilities
and
hunting
(1) (2) (3) (4)
Number of returns 222,182 6,096 295 (*)21
Gross income 22,828,573 279,449 44,666 (*)1,979
Real estate rental
expenses,
total 18,881,391 121,398 32,049 (*)2,766
Advertising 87,902 (*)26 (*)56 (*)2
Auto and travel 86,446 (*)73 15 (*)5
Cleaning and
maintenance 705,679 982 676 —
Commissions 119,996 1,515 187 —
Insurance 509,546 3,666 274 (*)41
Legal and other
professional
fees 1,081,475 2,785 1,337 (*)51
Interest 5,284,412 19,331 10,354 (*)1,283
Repairs 1,110,949 8,145 2,145 (*)86
Taxes 2,516,429 19,055 3,550 (*)54
Utilities 1,234,158 3,369 3,777 (*)27
Wages and
salaries 898,639 (*)107 188 (*)23
Depreciation 3,027,846 13,592 4,540 (*)950
Other expenses 2,217,914 48,751 4,950 (*)243
Net gain (less
loss) from
sales of
business
property 109,033 (*)1,526 — —
Gain 113,807 (*)1,526 — —
Loss 4,774 — — —
Net income (less
deficit) from
partnerships
and
fiduciaries 489,998 -2,293 -1,361 —
Income 906,899 2,997 11,958 —
Deficit 416,901 5,290 13,319 —
Real estate rental
net income
less deficit) 4,546,215 157,285 11,305 (*)-786
Income 6,673,561 162,325 25,967 (*)637
Deficit 2,127,346 5,040 14,662 (*)1,424
Wholesale and
retail trade
Item Construction Manufac- Total Wholesale
turing trade
(5) (6) (7) (8)
Number of returns 12,427 4,255 11,060 4,163
Gross income 764,143 265,678 778,219 299,293
Real estate rental
expenses,
total 655,019 139,731 436,385 147,760
Advertising 2,420 143 563 164
Auto and travel 1,836 416 1,593 510
Cleaning and
maintenance 17,861 4,120 7,564 3,756
Commissions 4,170 910 3,429 1,840
Insurance 12,806 3,113 9,926 3,333
Legal and other
professional
fees 16,157 3,609 14,822 3,646
Interest 238,509 18,672 102,401 30,462
Repairs 31,364 12,595 21,359 8,971
Taxes 75,336 24,774 55,230 17,718
Utilities 31,646 14,104 18,080 5,254
Wages and
salaries 24,834 3,332 14,291 8,400
Depreciation 125,848 36,244 114,292 39,940
Other expenses 72,233 17,698 72,835 23,766
Net gain (less
loss) from
sales of
business
property (*)3,065 (*)821 1,231 793
Gain (*)3,065 (*)821 1,235 797
Loss — — 5 4
Net income (less
deficit) from
partnerships
and
fiduciaries 63,340 10,468 14,035 7,188
Income 102,308 17,525 23,703 12,042
Deficit 38,968 7,057 9,669 4,854
Real estate rental
net income
(less deficit) 175,529 137,236 357,099 159,513
Income 276,699 154,771 396,456 177,580
Deficit 101,170 17,535 39,357 18,067
Wholesale and
retail trade
Wholesale Trans-
Retail and retail portation
Item trade trade not and ware- Information
allocable housing
(9) (10) (11) (12)
Number of returns 6,872 (*)25 854 1,418
Gross income 476,070 (*)2,856 119,021 82,150
Real estate rental
expenses,
total 286,517 (*)2,108 77,339 36,530
Advertising 399 — 259 77
Auto and travel 1,083 — (*)4 7
Cleaning and
maintenance 3,775 (*)32 5,226 1,288
Commissions 1,589 — 558 69
Insurance 6,593 — 2,635 713
Legal and other
professional
fees 11,175 — 3,585 183
Interest 70,654 (*)1,285 10,182 (*)5,309
Repairs 12,363 (*)25 2,134 1,016
Taxes 37,341 (*)171 9,540 2,846
Utilities 12,795 (*)31 4,798 1,083
Wages and
salaries 5,891 — 7,490 809
Depreciation 73,831 (*)521 12,779 14,429
Other expenses 49,027 (*)41 18,150 8,703
Net gain (less
loss) from
sales of
business
property 438 — 97 -83
Gain 438 — 97 —
Loss — — — 83
Net income (less
deficit) from
partnerships
and
fiduciaries 6,847 — 3,242 7,997
Income 11,661 — 3,378 9,036
Deficit 4,815 — 136 1,039
Real estate rental
net income
(less deficit) 196,838 (*)748 45,021 53,534
Income 218,128 (*)748 51,394 54,347
Deficit 21,290 — 6,372 813
Profes-
Real sional,
Finance estate and Real scienti-
Item and rental and estate fic, and
insurance leasing technical
services
(13) (14) (15) (16)
Number of returns 4,230 160,534 158,899 5,754
Gross income 147,242 19,459,104 19,263,243 223,779
Real estate rental
expenses,
total 133,511 16,576,489 16,423,526 144,715
Advertising 469 81,318 80,214 (*)477
Auto and travel 207 79,884 79,705 (*)574
Cleaning and
maintenance 5,719 645,886 644,010 2,907
Commissions 3,097 104,229 104,210 (*)547
Insurance 2,193 458,687 457,666 2,696
Legal and other
professional
fees 5,477 1,006,573 1,002,289 10,002
Interest 35,849 4,659,391 4,634,796 32,174
Repairs 13,571 989,976 982,337 7,730
Taxes 24,840 2,236,032 2,219,549 17,183
Utilities 10,005 1,101,682 1,096,664 11,586
Wages and
salaries 2,870 819,318 818,473 (*)1,270
Depreciation 18,849 2,531,230 2,506,425 37,926
Other expenses 10,365 1,862,282 1,797,188 19,644
Net gain (less
loss) from
sales of
business
property (*)2,048 93,464 93,464 —
Gain (*)2,062 98,127 98,127 —
Loss 14 4,663 4,663 —
Net income (less
deficit) from
partnerships
and
fiduciaries -9,876 393,334 392,545 -14,921
Income 35,312 628,297 627,451 15,994
Deficit 45,188 234,962 234,906 30,915
Real estate rental
net income
(less deficit) 5,903 3,369,296 3,325,609 64,142
Income 69,597 5,085,902 5,025,009 110,486
Deficit 63,693 1,716,606 1,699,399 46,344
Adminis-
trative
and sup- Health
Manage- port and Educa- care and
Item ment of waste tional social
companies management services assistance
and reme-
diation
services
(17) (18) (19) (20)
Number of returns 3,471 1,307 408 1,442
Gross income 61,163 31,676 (*)9,907 72,095
Real estate rental
expenses,
total 73,703 26,553 (*)9,881 49,385
Advertising 130 6 — (*)27
Auto and travel (*)19 (*)89 — 1
Cleaning and
maintenance (*)1,483 (*)615 (*)317 (*)1,160
Commissions (*)51 — — —
Insurance 944 541 3 493
Legal and other
professional
fees 956 (*)740 53 449
Interest 16,132 9,252 (*)3,877 20,524
Repairs 1,980 (*)701 113 1,838
Taxes 5,856 2,063 (*)1,273 1,714
Utilities 1,872 927 219 2,000
Wages and
salaries (*)1,962 640 4 159
Depreciation 10,098 7,528 (*)1,931 17,366
Other expenses 32,221 3,452 (*)2,091 3,654
Net gain (less
loss) from
sales of
business
property -10 4 — —
Gain — 4 — —
Loss 10 — — —
Net income (less
deficit) from
partnerships
and
fiduciaries -7,537 1,826 (*)2,883 2,744
Income 15,451 3,696 (*)2,883 2,997
Deficit 22,988 1,870 — (*)253
Real estate rental
net income
(less deficit) -20,087 6,954 2,909 25,454
Income 31,339 15,628 (*)4,192 27,901
Deficit 51,426 8,674 (*)1,283 2,447
Arts, Accom- Nature of
entertain- modation Other business
Item ment, and and food services not
recreation services allocable
(21) (22) (23) (24)
Number of returns 1,841 3,383 3,257 (*)127
Gross income 94,845 283,702 101,688 (*)8,067
Real estate rental
expenses,
total 67,001 237,856 55,802 (*)5,278
Advertising 115 1,646 (*)168 —
Auto and travel 13 1,514 (*)195 ((1))
Cleaning and
maintenance (*)1,361 7,440 (*)1,072 (*)5
Commissions — 1,213 19 —
Insurance 1,978 5,646 3,140 (*)51
Legal and other
professional
fees 5,273 9,151 (*)104 (*)168
Interest 18,759 59,632 20,800 (*)1,982
Repairs 2,246 11,256 2,602 (*)92
Taxes 6,912 21,871 6,621 (*)1,679
Utilities 2,713 22,504 (*)3,622 (*)147
Wages and
salaries 1,287 19,648 (*)393 (*)15
Depreciation 21,826 42,835 14,648 (*)935
Other expenses 4,519 33,500 2,418 (*)205
Net gain (less
loss) from
sales of
business
property — 6,870 — —
Gain — 6,870 — —
Loss — — — —
Net income (less
deficit) from
partnerships
and
fiduciaries 6,301 18,471 1,344 —
Income 8,008 21,848 1,508 —
Deficit 1,707 3,377 165 —
Real estate rental
net income
(less deficit) 34,144 71,257 47,229 (*)2,789
Income 47,162 106,721 48,748 (*)3,289
Deficit 13,018 35,464 (*)1,518 (*)500
(*) Estimate should be used with caution because of the small
number of sample returns on which it is based.
(1) Less than $500.
NOTE: Detail may not add to total due to rounding.
Table 5.–S Corporations: Total Income and Deductions, Portfolio
Income, Rental Income, and Total Net Income, by Number of Shareholders
[All figures are estimates based on samples–money amounts are inthousands of dollars]
Number of
shareholders
Item Total(1) 1
(1) (2)
Number of returns 2,588,088 1,412,301
Number of shareholders 4,839,618 1,412,301
Total assets 1,455,483,439 448,976,087
Total receipts(2) 3,061,133,169 1,009,274,019
Business receipts 3,004,118,934 992,919,205
Interest on Government obligations:
State and local 989,514 261,166
Net gain, noncapital assets 7,072,292 2,206,021
Other receipts 48,952,430 13,887,626
Total deductions 2,935,284,231 967,458,153
Cost of goods sold 1,933,927,048 605,959,559
Compensation of officers 118,740,561 46,935,530
Salaries and wages 304,673,213 104,517,538
Repairs 18,852,368 6,605,623
Bad debts 6,287,840 2,384,971
Rent paid on business property 68,307,705 26,890,125
Taxes paid 62,621,621 21,720,988
Interest paid 37,153,707 11,195,378
Amortization 3,659,561 1,243,891
Depreciation 51,485,900 16,603,624
Depletion 495,092 44,294
Advertising 29,455,958 9,803,507
Pension, proffi-shadng, stock bonus,
and annuity plans 10,704,288 3,671,907
Employee benefit programs 22,010,877 6,284,722
Net loss, noncapital assets 641,708 332,997
Other deductions 266,266,785 103,263,500
Total receipts less total deductions(2) 125,848,938 41,815,865
Net income (less deficit) from a trade
or business(2) 124,859,425 41,554,699
Net income 171,096,577 62,728,913
Deficit 46,237,152 21,174,214
Portfolio income (less deficit)
distributed to shareholders 51,465,087 17,875,969
Dividend income 1,612,865 634,156
Interest income 10,629,968 3,577,791
Royalty income 619,003 238,652
Net short-term capital
gain (less loss) 507,233 363,710
Net long-term capital
gain (less loss) 37,953,826 13,010,074
Other portfolio income (net) 142,192 51,586
Real estate rental net income
(less deficit) 4,546,215 850,296
Net income 6,673,561 1,885,093
Deficit 2,127,346 1,034,797
Net income (less deficit) from
other rental activity 917,576 315,015
Net income 1,246,257 534,507
Deficit 328,681 219,492
Total net income (less deficit) 181,788,303 60,595,979
Net income 223,972,910 80,370,359
Deficit 42,184,607 19,774,380
Number of shareholders
Item 2 3
(3) (4)
Number of returns 769,747 183,461
Number of shareholders 1,539,494 550,382
Total assets 314,058,718 159,339,969
Total receipts(2) 831,764,971 361,749,239
Business receipts 818,044,694 355,228,427
Interest on Government obligations:
State and local 146,155 92,369
Net gain, noncapital assets 1,866,960 793,993
Other receipts 11,707,163 5,634,451
Total deductions 800,393,926 347,817,686
Cost of goods sold 535,460,266 239,696,710
Compensation of officers 33,935,743 13,708,890
Salaries and wages 79,903,515 32,924,648
Repairs 5,148,101 2,037,630
Bad debts 1,497,477 655,586
Rent paid on business property 19,504,755 6,879,473
Taxes paid 16,254,108 7,092,136
Interest paid 8,285,700 4,960,251
Amortization 794,028 439,234
Depreciation 12,835,075 5,641,897
Depletion 37,993 45,884
Advertising 7,898,952 3,212,178
Pension, proffi-shadng, stock bonus,
and annuity plans 2,231,349 1,123,111
Employee benefit programs 5,429,648 2,473,549
Net loss, noncapital assets 139,970 48,146
Other deductions 71,037,246 26,878,362
Total receipts less total deductions(2) 31,371,045 13,931,554
Net income (less deficit) from a trade
or business(2) 31,224,891 13,839,185
Net income 41,733,875 18,305,672
Deficit 10,508,985 4,466,487
Portfolio income (less deficit)
distributed to shareholders 8,783,908 6,505,157
Dividend income 261,188 171,803
Interest income 2,242,511 1,179,905
Royalty income 153,815 37,887
Net short-term capital
gain (less loss) 1,868 21,816
Net long-term capital
gain (less loss) 6,110,556 5,084,400
Other portfolio income (net) 17,705 9,347
Real estate rental net income
(less deficit) 1,125,809 594,682
Net income 1,621,690 726,482
Deficit 495,881 131,800
Net income (less deficit) from
other rental activity 193,861 54,421
Net income 241,903 87,091
Deficit 48,041 32,670
Total net income (less deficit) 41,328,468 20,993,446
Net income 51,255,965 24,999,047
Deficit 9,927,497 4,005,601
Number of shareholders
Item 4 – 10 11 – 20
(5) (6)
Number of returns 196,657 15,469
Number of shareholders 1,004,106 218,133
Total assets 331,190,675 97,276,120
Total receipts(2) 631,845,841 128,418,932
Business receipts 618,997,437 125,145,509
Interest on Government obligations:
State and local 265,822 98,759
Net gain, noncapital assets 1,706,905 287,336
Other receipts 10,875,677 2,887,327
Total deductions 604,967,081 121,901,982
Cost of goods sold 413,162,025 80,384,156
Compensation of officers 19,065,324 2,983,727
Salaries and wages 61,280,215 13,617,364
Repairs 3,769,903 835,014
Bad debts 1,182,894 279,506
Rent paid on business property 11,701,209 2,140,283
Taxes paid 12,811,284 2,921,330
Interest paid 8,016,882 2,226,229
Amortization 797,661 228,283
Depreciation 11,507,751 2,823,808
Depletion 195,408 143,735
Advertising 5,872,183 1,596,540
Pension, proffi-shadng, stock bonus,
and annuity plans 2,259,922 592,103
Employee benefit programs 5,278,732 1,377,719
Net loss, noncapital assets 102,508 7,305
Other deductions 47,963,181 9,744,879
Total receipts less total deductions(2) 28,878,760 6,516,950
Net income (less deficit) from a trade
or business(2) 26,612,938 6,418,191
Net income 34,146,140 7,786,764
Deficit 7,533,202 1,368,573
Portfolio income (less deficit)
distributed to shareholders 11,092,355 5,669,219
Dividend income 335,723 97,171
Interest income 2,519,009 583,321
Royalty income 145,018 17,058
Net short-term capital
gain (less loss) 73,941 63,092
Net long-term capital
gain (less loss) 7,998,060 4,875,116
Other portfolio income (net) 20,604 33,460
Real estate rental net income
(less deficit) 1,383,918 451,759
Net income 1,769,975 490,272
Deficit 386,058 38,513
Net income (less deficit) from
other rental activity 265,744 49,487
Net income 290,354 53,145
Deficit 24,611 3,658
Total net income (less deficit) 39,354,954 12,588,656
Net income 45,860,113 13,613,062
Deficit 6,505,159 1,024,406
Number of shareholders
Item 21 – 30 31 or more
(7) (8)
Number of returns 2,531 1,363
Number of shareholders 60,050 55,152
Total assets 37,827,234 65,908,873
Total receipts(2) 47,659,016 48,045,593
Business receipts 46,198,948 45,243,869
Interest on Government obligations:
State and local 41,952 83,264
Net gain, noncapital assets 96,638 106,922
Other receipts 1,321,478 2,611,538
Total deductions 45,329,585 44,982,902
Cost of goods sold 26,913,522 30,856,138
Compensation of officers 1,162,432 873,434
Salaries and wages 7,422,087 4,706,189
Repairs 218,142 206,511
Bad debts 89,143 182,898
Rent paid on business property 615,540 498,558
Taxes paid 1,076,205 701,519
Interest paid 950,561 1,499,126
Amortization 78,614 77,582
Depreciation 1,077,203 955,083
Depletion 25,501 2,278
Advertising 564,213 486,167
Pension, proffi-shadng, stock bonus,
and annuity plans 554,933 270,323
Employee benefit programs 662,328 498,480
Net loss, noncapital assets 5,048 5,733
Other deductions 3,914,114 3,162,882
Total receipts less total deductions(2) 2,329,431 3,062,691
Net income (less deficit) from a trade
or business(2) 2,287,479 2,979,427
Net income 2,934,173 3,395,887
Deficit 646,693 416,460
Portfolio income (less deficit)
distributed to shareholders 716,192 786,608
Dividend income 29,195 83,601
Interest income 256,323 270,644
Royalty income 16,514 10,059
Net short-term capital
gain (less loss) 245 14,844
Net long-term capital
gain (less loss) 406,241 435,824
Other portfolio income (net) 8,165 1,325
Real estate rental net income
(less deficit) 23,217 114,465
Net income 59,751 117,399
Deficit 38,534 2,933
Net income (less deficit) from
other rental activity 18,602 20,446
Net income 18,641 20,617
Deficit 39 171
Total net income (less deficit) 3,045,490 3,900,946
Net income 3,593,101 4,179,313
Deficit 547,611 278,367
(1) Total includes S corporations for which neither a number of
shareholders was reported nor a Schedule K-1, Shareholder’s Share
of Income, Credits, Deductions, etc., was filed.
(2) Includes interest on Government obligations: State and local,
which is not reflected in net income (less deficit) from a trade
or business.
NOTE: Detail may not add to total due to rounding.
Susan Wittman is an economist with the Corporation Special Projects Section. This article was prepared under the direction of Doug Shearer, Chief.
COPYRIGHT 2001 U.S. Government Printing Office
COPYRIGHT 2004 Gale Group