S corporation returns, 1999

S corporation returns, 1999 – Statistical Data Included

Kelly Bennett

Since 1996, S corporations are the single largest corporate entity type filing Form 1120, U.S. Tax Return for a Corporation. For Tax Year 1999, over 55.2 percent of all corporations filed a Form 1120S, up from 53.4 percent filed for Tax Year 1998. The total number of returns filed by S corporations for Tax Year 1999 increased by over 5.3 percent to 2.7 million, from nearly 2.6 million for Tax Year 1998.

The continued growth in S corporations for Tax Year 1999 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]. Since the Tax Reform Act of 1986, the average annual growth is 9.9 percent (Figure A). Over the same period, the number of all other corporations experienced an average annual decline of 1.2 percent [2]. More than 301.8 thousand corporations elected subchapter S status for the first time during Tax Year 1999. Nearly 216.5 thousand (7.9 percent of all S corporations) were newly incorporated businesses. The remaining 85.3 thousand converted from taxable corporation to S corporation in 1999. Even though the growth rate for all corporations slowed from Tax Year 1998 to Tax Year 1999, the number of businesses electing S corporation status continued to increase.

[FIGURE A OMITTED]

S Corporation Basics

An S corporation is an incorporated entity that has many of the same attributes as the traditional C corporation, including limited liability, freely transferable ownership, and unlimited life span. But in exchange for certain limitations, an S corporation obtains the advantage 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 the shareholders. Any resulting tax liability is the responsibility of the shareholders. This benefit eliminates double taxation of the corporation’s net income or capital gains. This treatment is different from the treatment of a taxable corporation, which incurs a tax liability first at the corporate level on its net income and capital gains and again when profits are distributed to shareholders in the form of dividends. The elimination of double taxation can result in considerable tax savings for a corporation that is eligible to make a Subchapter S election. The tax benefits of an S election are equally valuable for corporations that report net losses, as the losses flow through to the individual shareholders and, for shareholders with active participation in the business, can be used to offset net income from other sources.

To qualify under Subchapter S, a corporation must meet all criteria in Subchapter S of the Internal Revenue Code 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 shareholders of the corporation must concur with the election on Form 2553, and all eligibility requirements must be met prior to the election [3]. The criteria for Tax Year 1999 were that the corporation:

[] be a domestic corporation (an unincorporated association, that is treated as a corporation under Internal Revenue Code section 7702, 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 [4];

[] 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. Also, S corporations must generally use a calendar year for their tax year. While S corporations may obtain an exemption from the calendar year rule if they can establish a business purpose for a different tax year, for Tax Year 1999, Over 90.0 percent of all S corporations filed a calendar year return [5].

Subsidiaries

The Small Business Job Protection Act of 1996 allowed an S corporation to own all of the stock of a subsidiary and to elect to have the subsidiary’s operations taxed as part of the parent and not separately [6]. The elected subsidiary is known as a qualified subchapter S subsidiary or QSUB. A QSUB is not treated as a separate corporation; instead, all assets, liabilities, income, deductions, and credit items are treated as part of the parent.

Since 1997 returns filed with a QSUB have grown over 51.7 percent to nearly 2,900 for Tax Year 1999 (Figure B). Approximately 1,900 S corporations reported a QSUB election in 1997. These S corporations reported total assets of $153.6 billion and total net income (less deficit) of $9.1 billion for Tax Year 1999. Many of the S corporations that made the election to treat a subsidiary as a qualified subsidiary made the election for multiple subsidiaries owned. Figure B displays S corporations reporting the QSUB election for Tax Year 1999, along with total assets and total net income (less deficit), by industrial division.

Financial Data Highlights

Figure C presents total net income (less deficit) for each industrial sector. For S corporations, total net income (less deficit) includes the following: 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.

Table 1 groups the data for all S corporations by industrial divisions and sectors. Total net income (less deficit) increased to $193.8 billion for Tax Year 1999, a 6.6-percent increase over the $181.8 billion reported for Tax Year 1998 [7]. The largest component of total net income (less deficit) is net income (less deficit) from a trade or business. This accounted for 70.9 percent of total net income (less deficit), as compared to 1998, when it accounted for 68.7 percent. Both portfolio income and net income (less deficit) from other rental activity, elements of net income less deficit, decreased from Tax Year 1998 to Tax Year 1999, reporting 2.5 percent and 24.6 percent respectively. (See definition of portfolio income in Explanation of Selected Terms.) For Tax Year 1999, net long-term capital gain (less loss) was $33.9 billion, down from nearly $38.0 billion in 1998, a decrease of 10.8 percent. S corporations reported a 372.6-percent increase in net short-term capital gain (less loss) for Tax Year 1999, $2.4 billion compared with $0.5 billion reported in Tax Year 1998.

Four industrial divisions earned over 85.0 percent of total net income (less deficit) for Tax Year 1999 and accounted for 74.2 percent of all returns filed: goods production; distribution and transportation of goods; professional and business services; and finance, insurance, real estate, and rental and leasing. Goods production, which includes the construction and manufacturing sectors, reported total net income (less deficit) of $62.1 billion. Distribution and transportation of goods, which includes the wholesale and retail trade and transportation and warehousing sectors, accounted for $42.2 billion. Professional and business services reported $39.0 billion, and the finance, insurance, real estate, and rental and leasing division reported $21.3 billion. The finance, insurance, real estate, and leasing division, although one of the four largest divisions for Tax Year 1999, reported a decrease in net income of 21.2 percent from Tax Year 1998 when $27.0 billion were reported.

Table 2 presents S corporations that reported positive total net income, by industrial division and industrial sector. S corporations reported $240.6 billion in positive total net income for Tax Year 1999, an increase of $16.6 billion from Tax Year 1998. Over 1.7 million (64.8 percent) S corporations reported positive total net income, a slight increase from 64.5 percent in Tax Year 1998. For Tax Year 1999, net income (less deficit) from a trade or business was $182.9 billion, up 9.6 percent from Tax Year 1998 when $166.8 billion were reported. Net income (less deficit) from other rental activity was less than $1.0 billion, a decrease of 15.6 percent from Tax Year 1998. This decrease is due to the reduction in net income (less deficit) from the finance, insurance, real estate, and rental and leasing division, which reported $0.5 billion. This sector is down 31.1 percent from the previous tax year when $0.7 billion were reported.

Table 3 presents S corporation data reported on the balance sheet, by industrial division and sector. S corporation total assets increased 11.9 percent to $1,628.7 billion for Tax Year 1999 [8]. The two largest asset categories for Tax Year 1999 were net depreciable assets and notes and accounts receivable. Net depreciable assets accounted for $372.8 billion, or 22.9 percent of total assets. Notes and accounts receivable accounted for $352.4 billion, or 21.6 percent of total assets for all S corporations. Overall, other investments increased 24.7 percent $172.5 billion. This asset category reported the largest percentage increase. Other categories of assets that displayed large percentage increases were net intangible assets (amortizable), which increased 17.1 percent to $32.7 billion; tax exempt securities, which increased 14.0 percent to $9.3 billion; and notes and accounts receivable, which increased 13.3 percent to $352.4billion.

Four industrial divisions accounted for more than 85.0 percent (or $1,385.1 billion) in total assets: good s production; distribution and transportation of goods; finance, insurance, real estate, and rental and leasing; and professional and business services (Figure D). With $447.2 billion, or 27.5 percent of total assets for all S corporations, the goods production division reflects the largest percentage of total assets. S corporations in distribution and transportation of goods held $432.1 billion in total assets, accounting for 26.5 percent of all total assets. S corporations in finance, insurance, real estate, and rental and leasing accounted for $284.6 billion in total assets, or 17.5 percent of all total assets. Professional and business services for S corporations held the fourth largest share of total assets. These corporations reported 13.6 percent or $221.2 billion in total assets.

Income from Rental Real Estate

For the 1999 Tax Year, 225,049 S corporations reported Rental Real Estate Income on Form 8825, Rental Real Estate Income and Expenses of a Partnership or an S Corporation. S corporations report on Form 8825 income and deductible expenses from rental real estate activities, including net income (loss) from rental real estate activities that flow through from partnerships, estates, and trusts. Table 4 shows rental real estate income by selected industrial divisions and industrial sectors. Net rental real estate income (less deficit) increased 21.2 percent, from $4.5 billion for Tax Year 1998 to $5.5 billion for 1999. The real estate rental and leasing sector accounted for the majority of net rental income (less deficit) at 74.4 percent. The real estate group reported 73.8 percent of all net rental income (less deficit) for all S corporations. This group also represented 68.1 percent of all returns reporting income on Form 8825. Net gain from sales of business property, an activity related to rental real estate and reported on this form, decreased 67.3 percent to $35.6 million from Tax Year 1998 when $109 million in gains were reported. This decrease was due not only to the decrease in gains from sales of business property but also from an increase in losses reported by the sales of business property. Gains from sales of business property for Tax Year 1998 were $113.8 million, while, for Tax Year 1999, they were $44.8 million. Gross income for returns reporting rental real estate income was $24.3 billion, an increase of 6.6 percent.

Net income (less deficit) from partnerships and fiduciaries reported an increase from $490.0 million to $725.9 million between Tax Years 1998 and 1999.

Data By Number of Shareholders

Even though the Tax Year 1999 data show that 98.6 percent of S corporations are owned by 10 or fewer shareholders, the number of S corporations with 11-30 shareholders increased 3.1 percent to 18,563 in Tax Year 1999 from 18,000 in Tax Year 1998. Even with this slight increase, the total number of returns in this category is still 8.8 percent below the 20,369 reported in Tax Year 1997. The number of S corporations with more than 30 shareholders increased 80.0 percent from almost 1,400 in Tax Year 1998 to nearly 2,500 in Tax Year 1999. Still, the majority of all new S corporations, 98.7 percent, reported 10 or fewer shareholders.

The number of shareholders for a small number of existing S corporations increased. Nearly 1,700 S corporations had more than 35 shareholders during Tax Year 1999, an increase of 136.2 percent from Tax Year 1998 and an increase of 181.5 percent since the inception of the Small Business Job Protection Act of 1996. This act eased restrictions on the limitation to the number of shareholders. (See Explanation of Selected Terms for further detail on the Small Business Job Protection Act of 1996.) Overall, the number of shareholders increased to 81,336 in Tax Year 1999 from 34,319 in Tax Year 1998, for returns with more than 35 shareholders.

S Corporation Taxation

S corporations, because they are flow-through entities, generally do not pay income tax. However, they may be liable for any of four types of Federal income tax. The most common of these Federal taxes is the “built-in gains” tax. The built-in gains tax accounted for nearly $358.7 million, or 78.0 percent of all Federal income tax reported by S corporations in Tax Year 1999. The built-in gains tax does not apply to S corporations that were incorporated before 1987 or had a valid S election in place since the inception of the business. S corporations are liable for the built-in gains tax if there is a gain realized from the sale of an asset within 10 years from the first day of the S corporation’s election to convert from a C corporation. The built-in gains tax is limited to net appreciation occurring prior to a C corporation’s election as an S corporation [9].

S corporations are also subject to the net passive income tax, the investment recapture tax, and the LIFO recapture tax (included in “Adjustments to tax” in Figure E). (See Explanation of Selected Terms.) These taxes only apply to S corporations that operated as a taxable corporation prior to making an S corporation election. S corporations with total net passive investment income accounting for more than 25 percent of gross receipts and with subchapter C earnings are subject to the excess net passive income tax. (See definition of excess net passive income tax in Explanation of Selected Terms). S corporations are liable for the recapture attributable to credits allowed in the years before the corporation made an S corporation election. Finally, the LIFO recapture tax applies to S corporations that used the last in, first out (LIFO) method for maintaining inventory. The LIFO recapture amount is derived from the inventory amount by which the first in, first out (FIFO) method exceeds the valuation of inventory under the LIFO method. Inventory that is transferred to an S corporation during a tax-free reorganization of a C corporation is also subject to the LIFO method.

The tax liability of S corporations for Tax Year 1998 and Tax Year 1999 is shown in Figure E. The adjustments to tax include Internal Revenue Code 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 Internal Revenue Code section 1291 (c)(2) deferred tax of a shareholder in a passive foreign investment company.

Total net income of $193.8 billion and total tax liability of $0.5 billion were reported for S corporations in 1999. Of the 2.7 million S corporations that filed for 1999, only 9,800 posted a tax liability. Altogether, S corporations reporting tax obligations represent less than half of 1 percent (0.36 percent) of all S corporation returns filed.

Conclusion

[] For Tax Year 1999, the number of S corporations grew with a 5.3-percent increase in the number of returns filed compared to Tax Year 1998. S corporations are the most popular corporate entity with 55.2 percent of all U.S. corporations electing treatment under Subchapter S. The number of shareholders for S corporations increased to nearly 5.1 million, up 4.9 percent from the previous year.

[] Total assets increased 11.9 percent from $1.5 trillion in Tax Year 1998 to $1.6 trillion in Tax Year 1999, with four industrial divisions accounting for 85.0 percent of total assets reported.

[] Total net income (less deficit) increased to $193.8 billion, or 6.6 percent. As the largest component of total net income less deficit, net income (less deficit) from a trade or business reported 70.9 percent of the total, or $137.3 billion. Portfolio income (less deficit) fell slightly to $50.2 billion. This decrease was largely due to the 10.8-percent decline in net long-term capital gains. The 372.6-percent growth in net short-term capital gains helped offset the $4.1 billion drop in net long-term capital gains, thereby causing portfolio income to decrease only 2.5 percent.

[] Consistent with prior years, less than half of 1.0 percent of all S corporations reported Federal tax liability, for a total tax liability of $459.8 million. This was a 4.1-percent decrease from Tax Year 1998, when $479.4 million were reported. The largest component of total tax liability was the built-in gains tax, which represented $358.7 million in total tax liability.

[] Qualified subchapter S subsidiaries have grown over 51.7 percent to nearly 2,900 QSUB elections since the first statistics were published in 1997. S corporations making the QSUB election reported total assets of $153.6 billion and total net income (less deficit) of $9.1 billion.

Explanation of Selected Terms

Built-in Gains Tax.–The built-in gains tax is a corporate level tax on S corporations that dispose of assets that appreciated in value during years when the corporation was a C corporation. The S corporation may be liable for the tax on its built-in gains if: it was a C corporation prior to making its S corporation election; the S corporation election was made after 1986; it has net recognized built-in gain within the recognition period of 10 years; and the net recognized built-in gain for the tax year does not exceed the net unrealized gain minus the net recognized built-in gain for prior years in the recognition period, to the extent that such gains were subject to tax.

Excess Net Passive Income.–The excess net passive income is the income that bears the same ratio to net passive income as the amount of passive investment income, exceeding 25 percent of gross receipts, bears to passive investment income.

LIFO Recapture Tax.–The LIFO recapture amount is the amount, if any, by which the amount of inventory assets using the first-in, first out (FIFO) method exceeds the inventory amount of such assets under the LIFO method.

Limited Liability Company (LLC).–The limited liability company is a State-registered entity that can be taxed like a partnership for Federal income tax purposes, but its members, like corporate shareholders, are not personally liable for the entity debts and liabilities.

Net Passive Income.–Net passive income is passive investment income reduced by any allowable deduction directly connected with the production of such income except for the net operating loss deduction under Internal Revenue Code section 172 and the special deductions allowed to corporations by Internal Revenue Code section 241.

Passive Investment Income.–Passive investment income is 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 gain therefrom.

Portfolio Income.–Portfolio income (less deficit) consists of interest, dividends, annuities, and royalties, as well as gain or loss from the disposition of income-producing or investment property that is not derived in the ordinary course of trade or business.

Qualified Subchapter S Subsidiaries (QSUB).–A qualified subchapter S subsidiary is any domestic subsidiary of an S corporation (a) that is itself eligible to be an S corporation under Subchapter S of the Internal Revenue Code, and (b) in which the S corporation holds 1 O0 percent of the stock and which the S corporation elects to treat as a QSUB.

Small Business Job Protection Act of 1996.–The Small Business Job Protection Act of 1996 made a number of changes related to S corporations. Among the changes, it increased the number of permitted shareholders for S corporations from 35 to 75, allowed an electing small business trust with multiple beneficiaries to qualify as an S corporation shareholder, allowed charitable organizations and qualified retirement plans (but not individual retirement accounts) to be S corporation shareholders, allowed S corporations to hold certain subsidiaries, and provided a special qualified subchapter S subsidiary election so that wholly owned subsidiaries could be considered part of the S corporation for Federal income tax purposes.

Total Net Income (less deficit).–Since the Tax Reform Act of 1986, total net income (less deficit) is defined as the sum of: ordinary income (loss), ordinary dividends, interest income, royalty income, other portfolio income, net income (loss) from rental real estate activities, net income (loss) from other rental activities, total net long-term capital gain (loss), and net short-term capital gain (loss). Prior to 1987, S corporation net income (less deficit) was represented by ordinary income (loss). The sum of the above components is a comprehensive measure of S corporation profits and losses which enables comparisons to be made with years prior to 1987.

Total Receipts.–Total receipts are defined as the sum of business receipts; interest on government obligations, State and local; net gain on noncapital assets; and other receipts. S corporations report receipts for interest, rents, royalties, net capital gains, and dividends on Form 1120S, Schedule K and are not included in these statistics.

Trusts.–Trust refers to “electing small business trust” which can be an S corporation shareholder. An electing trust is one that does not have as a beneficiary any person other than an individual, an estate, or an organization eligible to accept charitable contributions under Internal Revenue Code section 170 and does not have “potential current beneficiaries.” This type of trust is different from the qualified subchapter S trust (QSST).

Data Sources and Limitations

The statistics for Tax Year 1999 are based on a sample of S corporation income tax returns (Form 1120S) with accounting periods ending July 1999 through June 2000. These returns posted to the Internal Revenue Service Business Master File between July 1999 and the end of June 2001.

The estimates in this article were based on a stratified probability sample of 44,676 S corporation returns drawn from a total population of 2,866,963 returns. Returns in the sample were stratified based on combinations of total assets and ordinary income. These returns were selected at rates ranging from 0.25 percent to 100 percent. The sample was selected after administrative processing, but before audit examination. The sample for Tax Year 1999 included 43,503 active S corporation returns estimating a total population of 2,725,775.

Because the estimates are based on a sample, they are subject to sampling error. To properly interpret the statistical data provided, coefficients of variation (CV’s) are used to measure the magnitude of this sampling error. See the section on sampling variability in the “SOI Sampling Methodology and Data Limitations” appendix of this publication for a definition of coefficients of variation. Figure F presents the CV’s for S corporations for selected variables by industrial division. The CV’s are intended only as a general indication of the reliability of the data. The smaller the coefficient of variation, the more reliable the estimate is judged to be.

Figure B

S Corporation Filings with Qualified Subchapter S

Subsidiaries, by Industrial Division, Tax Year 1999

[All figures are estimates based on samples–money

amounts are in thousands of dollars]

Industrial division Number of Total Total net

returns assets income

(less

deficit)

(1) (2) (3)

All Industries 2,884 153,628,315 9,114,942

Raw materials and energy production 105 4,723,149 140,740

Goods production 668 33,884,970 4,668,081

Distribution and

transportation of goods 889 19,664,426 1,374,762

Information 50 7,012,451 466,316

Finance, insurance, real estate,

and rental and leasing 423 28,531,189 1,103,529

Professional and business services 558 56,467,912 1,231,706

Education, health, and

social assistance 13 380,691 29,198

Leisure, accommodation,

and food services 104 2,651,296 58,455

Other services * 73 * 312,231 * 42,155

* Estimate should be used with caution because of the

small number of sample returns on which it is based.

NOTE: Detail may not add to totals because of rounding.

Figure C

S Corporations: Total Net Income (Less Deficit),

by Industrial Sector, Tax Year 1999

[All figures are estimates based on samples–money

amounts are in thousands of dollars]

Agriculture

All forestry,

Item Industries fishing, and Mining

hunting

(1) (2) (3)

Total net income (less deficit) 193,768,411 1,365,099 2,037,505

Net income (less deficit)

from a trade or business 137,348,605 378,649 1,171,390

Portfolio income (less deficit)

distributed to shareholders 50,205,070 696,374 850,499

Dividend income 1,863,975 35,250 97,313

Interest income 11,209,086 265,901 219,764

Royalty income 684,217 38,577 93,579

Net short-term capital

gain (less loss) 2,396,942 12,176 17,763

Net long-term capital

gain (less loss) 33,857,755 334,389 420,935

Other portfolio income (net) 193,096 10,081 1,144

Real estate rental net

income (less deficit) 5,510,971 251,626 10,914

Net income (less deficit) from

other rental activity 691,765 38,450 4,702

Item Utilities Construction

(4) (5)

Total net income (less deficit) 242,427 24,975,895

Net income (less deficit)

from a trade or business 186,061 21,779,086

Portfolio income (less deficit)

distributed to shareholders 56,406 3,002,383

Dividend income 1,369 138,862

Interest income 50,141 1,308,568

Royalty income 14 6,052

Net short-term capital

gain (less loss) * 487 87,160

Net long-term capital

gain (less loss) * 4,395 1,459,087

Other portfolio income (net) — 2,653

Real estate rental net

income (less deficit) * -482 179,271

Net income (less deficit) from

other rental activity * 443 15,155

Wholesale and

Item Manufacturing retail trade

(6) (7)

Total net income (less deficit) 37,082,034 39,471,708

Net income (less deficit)

from a trade or business 28,768,846 32,958,902

Portfolio income (less deficit)

distributed to shareholders 8,104,704 5,949,490

Dividend income 242,965 258,812

Interest income 1,436,954 1,982,476

Royalty income 86,872 179,957

Net short-term capital

gain (less loss) 67,394 -13,723

Net long-term capital

gain (less loss) 6,266,943 3,482,352

Other portfolio income (net) 3,577 59,616

Real estate rental net

income (less deficit) 143,258 373,834

Net income (less deficit) from

other rental activity 65,226 189,482

Wholesale Retail

Item trade trade

(8) (9)

Total net income (less deficit) 21,390,089 18,075,378

Net income (less deficit)

from a trade or business 18,051,891 14,903,482

Portfolio income (less deficit)

distributed to shareholders 3,057,574 2,889,712

Dividend income 152,673 106,131

Interest income 922,172 1,057,859

Royalty income 137,986 41,941

Net short-term capital

gain (less loss) 22,519 -21,783

Net long-term capital

gain (less loss) 1,814,674 1,653,497

Other portfolio income (net) 7,550 52,066

Real estate rental net

income (less deficit) 172,125 201,365

Net income (less deficit) from

other rental activity 108,499 80,819

Wholesale

Item and Transportation

retail trade and

not allocable warehousing

(10) (11)

Total net income (less deficit) 6,242 2,765,560

Net income (less deficit)

from a trade or business 3,529 2,075,641

Portfolio income (less deficit)

distributed to shareholders 2,205 662,153

Dividend income 8 36,020

Interest income 2,445 232,871

Royalty income 30 327

Net short-term capital

gain (less loss) * -14,459 20,531

Net long-term capital

gain (less loss) 14,181 369,309

Other portfolio income (net) — 3,096

Real estate rental net

income (less deficit) * 344 53,224

Net income (less deficit) from

other rental activity 165 -25,458

Finance

Item and

Information insurance

(12) (13)

Total net income (less deficit) 6,677,029 9,587,976

Net income (less deficit)

from a trade or business 2,988,385 4,605,484

Portfolio income (less deficit)

distributed to shareholders 3,630,900 4,941,006

Dividend income 66,470 182,107

Interest income 432,497 1,106,736

Royalty income 17,567 974

Net short-term capital

gain (less loss) 2,772 1,244,200

Net long-term capital

gain (less loss) 3,104,830 2,356,984

Other portfolio income (net) 6,764 50,005

Real estate rental net

income (less deficit) 48,870 37,408

Net income (less deficit) from

other rental activity 8,874 4,078

Real estate Professional,

Item and rental scientific,

and and technical

leasing services

(14) (15)

Total net income (less deficit) 11,714,772 22,149,530

Net income (less deficit)

from a trade or business 3,675,791 17,779,336

Portfolio income (less deficit)

distributed to shareholders 3,647,600 4,217,325

Dividend income 184,229 154,313

Interest income 1,592,536 724,461

Royalty income 83,078 31,905

Net short-term capital

gain (less loss) 157,106 223,800

Net long-term capital

gain (less loss) 1,622,510 3,084,785

Other portfolio income (net) 8,141 -1,939

Real estate rental net

income (less deficit) 4,100,083 106,764

Net income (less deficit) from

other rental activity 291,298 46,105

Administrative

and support

Item Management and waste

of management

companies and

remediation

services

(16) (17)

Total net income (less deficit) 10,793,943 6,084,902

Net income (less deficit)

from a trade or business 1,822,633 4,412,903

Portfolio income (less deficit)

distributed to shareholders 9,013,900 1,627,443

Dividend income 352,450 21,058

Interest income 689,359 247,060

Royalty income 8,136 * 1,270

Net short-term capital

gain (less loss) 238,188 2,424

Net long-term capital

gain (less loss) * 7,691,100 1,355,278

Other portfolio income (net) 34,667 354

Real estate rental net

income (less deficit) 3,779 -1,049

Net income (less deficit) from

other rental activity -46,369 45,605

Educational Health care

Item services and social

assistance

(18) (19)

Total net income (less deficit) 645,446 7,600,475

Net income (less deficit)

from a trade or business 538,378 6,793,519

Portfolio income (less deficit)

distributed to shareholders 111,921 766,123

Dividend income 4,546 23,445

Interest income 41,740 219,580

Royalty income * 23 —

Net short-term capital

gain (less loss) 200 248,480

Net long-term capital

gain (less loss) 65,412 278,135

Other portfolio income (net) — * -3.516

Real estate rental net

income (less deficit) -5,165 35,636

Net income (less deficit) from

other rental activity 312 5,197

Arts, Accommo-

Item entertainment, dation and

and recreation food services

(20) (21)

Total net income (less deficit) 2,806,814 3,838,744

Net income (less deficit)

from a trade or business 1,178,085 2,839,843

Portfolio income (less deficit)

distributed to shareholders 1,565,451 911,172

Dividend income 28,086 24,257

Interest income 190,854 340,194

Royalty income 130,356 4,013

Net short-term capital

gain (less loss) 9,431 59,380

Net long-term capital

gain (less loss) 1,190,313 481,305

Other portfolio income (net) 16,411 * 2,023

Real estate rental net

income (less deficit) 54,485 62,216

Net income (less deficit) from

other rental activity 8,793 25,513

Nature of

Item Other business

services not allocable

(22) (23)

Total net income (less deficit) 3,594,027 322,623

Net income (less deficit)

from a trade or business 3,083,320 312,353

Portfolio income (less deficit)

distributed to shareholders 446,666 3,554

Dividend income 12,407 * 16

Interest income 123,923 3,471

Royalty income * 1,517 —

Net short-term capital

gain (less loss) 19,114 59

Net long-term capital

gain (less loss) 289,685 * 8

Other portfolio income (net) * 19 —

Real estate rental net

income (less deficit) 49,682 * 6.617

Net income (less deficit) from

other rental activity 14,359 —

* Estimate should be used with caution because of the

small number of sample returns on which it is based.

NOTE: Detail may not add to totals because of rounding.

Figure D

S Corporation Total Assets, by Industrial Division, Tax Year 1999

$1.7 Trillion

Goods production 27.5%

Distribution and transportation of goods 26.5%

Finance, insurance, real estate, and rental

and leasing 17.5%

Professional and business services 13.6%

All other (1) 15.0%

(1) All other includes: Not allocable, raw materials and energy

production, other services, education services, information, and

leisure, accommodation and food services.

NOTE: Detail may not add to 100 percent because of rounding.

Note: Table made from pie chart.

Figure E

S Corporation Taxes, Tax Years 1998 and 1999

[All figures are estimates based on samples–money

amounts are in thousands of dollars]

Items 1998 1999 Percent

change

(1) (2) (3)

Total tax 479,411 459,754 -4.1

Built-in gains tax 393,321 358,704 -8.8

Excess net passive income tax 17,466 13,905 -20.4

Adjustments to tax 66,594 84,727 27.2

Investment credit recapture tax * 755 1,415 * 87.4

Income tax adjustment * 1,275 1,004 * -21.3

* Estimate should be used with caution because of the

small number of sample returns on which it is based.

NOTE: Detail may not add to totals because of rounding.

Figure F

Coefficients of Variation for Number of Returns, Number

of Shareholders, Total Receipts, Dividends, and Interest,

by Industrial Division, Tax Year 1999

Industrial division Number of Number of Total

returns shareholders receipts

(1) (2) (3)

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)

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.

Table 1.–S Corporations: Total Receipts 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

All

Item industries Total

(1) (2)

Number of returns 2,726,775 88,909

Number of shareholders 5,076,783 231,888

Income and deductions from a trade

or business:

Total receipts (1) 3,300,868,762 68,811,145

Business receipts 3,242,797,429 64,116,477

Interest on Government obligations:

State and local (1) 1,350,743 51,044

Net gain, noncapital assets 6,234,481 569,983

Other receipts 50,486,109 4,073,640

Total deductions 3,162,169,414 67,024,001

Cost of goods sold 2,059,319,673 35,407,805

Compensation of officers 131,111,982 1,465,620

Salaries and wages 335,790,495 5,157,467

Repairs 20,333,638 1,471,752

Bad debts 6,568,655 75,333

Rent paid on business property 77,617,605 2,473,701

Taxes paid 66,861,519 1,465,712

Interest paid 40,351,393 1,759,465

Amortization 4,235,894 112,163

Depreciation 56,874,046 3,243,818

Depletion 691,031 305,631

Advertising 31,483,025 277,660

Pension, profit-sharing, stock

bonus, and annuity plans 12,060,415 137,793

Employee benefit programs 24,189,995 425,466

Net loss, noncapital assets 1,398,860 33,135

Other deductions 293,281,188 13,211,480

Total receipts less total

deductions (1) 138,699,348 1,787,144

Net Income (less deficit)

from a trade or business (1) 137,348,605 1,736,100

Net income 187,376,075 5,088,313

Deficit 50,027,470 3,352,214

Portfolio Income (less deficit)

distributed to shareholders 50,205,070 1,603,278

Dividend income 1,863,974 133,932

Interest income 11,209,087 535,807

Royalty income 684,219 132,170

Net short-term capital gain

(less loss) 2,396,941 30,426

Net long-term capital gain

(less loss) 33,857,754 759,719

Other portfolio income (net) 193,095 11,225

Real estate rental net income

(less deficit) 5,510,971 262,058

Net income 7,443,236 274,746

Deficit 1,932,265 12,688

Net income (less deficit)

from other rental activity 691,765 43,595

Net income 1,140,058 44,550

Deficit 448,293 955

Total net Income (less deficit) 193,756,411 3,645,031

Net income 240,561,633 6,561,691

Deficit 46,805,222 2,916,660

Raw materials and

energy production

Agriculture, forestry,

fishing, and hunting

Item Total Agriculture

production

(3) (4)

Number of returns 71,372 48,720

Number of shareholders 188,056 128,673

Income and deductions from a trade

or business:

Total receipts (1) 50,887,522 32,825,625

Business receipts 47,316,333 29,769,918

Interest on Government obligations:

State and local (1) 40,125 36,820

Net gain, noncapital assets 302,009 230,052

Other receipts 3,229,055 2,788,835

Total deductions 50,468,748 32,875,878

Cost of goods sold 26,352,113 15,364,843

Compensation of officers 1,021,075 512,802

Salaries and wages 4,131,084 2,888,593

Repairs 1,221,444 799,229

Bad debts 48,417 40,223

Rent paid on business property 2,059,053 1,803,033

Taxes paid 937,250 656,368

Interest paid 1,258,516 934,748

Amortization 61,444 48,720

Depreciation 2,230,841 1,569,046

Depletion 167,119 21,274

Advertising 251,708 184,527

Pension, profit-sharing, stock

bonus, and annuity plans 83,793 41,619

Employee benefit programs 246,253 181,695

Net loss, noncapital assets 20,765 20,473

Other deductions 10,377,874 7,808,685

Total receipts less total

deductions (1) 418,774 -50,253

Net Income (less deficit)

from a trade or business (1) 378,649 -87,073

Net income 2,977,370 1,970,125

Deficit 2,598,721 2,057,198

Portfolio Income (less deficit)

distributed to shareholders 696,374 600,575

Dividend income 35,250 22,507

Interest income 265,901 214,955

Royalty income 38,577 37,434

Net short-term capital gain

(less loss) 12,176 11,613

Net long-term capital gain

(less loss) 334,389 304,061

Other portfolio income (net) 10,081 10,005

Real estate rental net income

(less deficit) 251,626 241,376

Net income 261,182 250,247

Deficit 9,556 8,871

Net income (less deficit)

from other rental activity 38,450 31,492

Net income 39,255 31,584

Deficit * 805 92

Total net Income (less deficit) 1,365,099 786,370

Net income 3,653,779 2,574,079

Deficit 2,288,680 1,787,709

Raw materials and

energy production

Agriculture, forestry,

fishing, and hunting

Support

Item activities

Forestry and

and fishing,

logging hunting,

and

trapping

(5) (6)

Number of returns 6,678 16,974

Number of shareholders 15,205 44,178

Income and deductions from a trade

or business:

Total receipts (1) 5,425,146 12,636,752

Business receipts 5,340,553 12,205,861

Interest on Government obligations:

State and local (1) * 1,921 * 1,384

Net gain, noncapital assets 41,105 30,851

Other receipts 41,566 398,655

Total deductions 5,479,904 12,112,966

Cost of goods sold 3,293,022 7,694,247

Compensation of officers 135,919 372,355

Salaries and wages 351,387 891,105

Repairs 148,243 273,972

Bad debts 3,386 4,808

Rent paid on business property 54,067 201,952

Taxes paid 80,944 199,938

Interest paid 156,492 167,277

Amortization 2,338 10,385

Depreciation 262,537 399,258

Depletion 145,163 682

Advertising 4,682 62,499

Pension, profit-sharing, stock

bonus, and annuity plans 7,808 34,366

Employee benefit programs 15,464 49,095

Net loss, noncapital assets — * 291

Other deductions 818,453 1,750,737

Total receipts less total

deductions (1) -54,759 523,786

Net Income (less deficit)

from a trade or business (1) -56,680 522,402

Net income 165,466 841,779

Deficit 222,146 319,377

Portfolio Income (less deficit)

distributed to shareholders 43,466 52,333

Dividend income 2,078 10,665

Interest income 13,559 37,387

Royalty income * 1,079 64

Net short-term capital gain

(less loss) 345 * 218

Net long-term capital gain

(less loss) 26,328 4,000

Other portfolio income (net) 78 -1

Real estate rental net income

(less deficit) 2,462 7,788

Net income 2,474 8,460

Deficit 12 * 673

Net income (less deficit)

from other rental activity * 740 * 6,128

Net income * 1,082 * 6,588

Deficit 342 * 370

Total net Income (less deficit) -10,012 588,740

Net income 182,463 897,237

Deficit 192,475 308,497

Raw materials and energy

production

Item Mining Utilities

(7) (8)

Number of returns 16,077 1,460

Number of shareholders 40,574 3,238

Income and deductions from a trade

or business:

Total receipts (1) 14,634,840 3,288,783

Business receipts 13,622,233 3,177,912

Interest on Government obligations:

State and local (1) 10,457 462

Net gain, noncapital assets 232,026 35,949

Other receipts 770,124 74,460

Total deductions 13,452,993 3,102,260

Cost of goods sold 6,629,198 2,426,495

Compensation of officers 422,528 22,017

Salaries and wages 904,530 121,853

Repairs 240,294 10,014

Bad debts 24,785 2,131

Rent paid on business property 369,470 45,179

Taxes paid 489,603 38,859

Interest paid 418,847 82,102

Amortization 45,140 5,579

Depreciation 916,452 96,526

Depletion 137,411 1,101

Advertising 20,862 5,090

Pension, profit-sharing, stock

bonus, and annuity plans 48,550 5,450

Employee benefit programs 169,564 9,649

Net loss, noncapital assets 12,332 38

Other deductions 2,603,429 230,176

Total receipts less total

deductions (1) 1,181,847 186,523

Net Income (less deficit)

from a trade or business (1) 1,171,390 186,061

Net income 1,850,650 260,293

Deficit 679,260 74,232

Portfolio Income (less deficit)

distributed to shareholders 850,499 56,406

Dividend income 97,313 1,369

Interest income 219,764 50,141

Royalty income 93,579 14

Net short-term capital gain

(less loss) 17,763 * 487

Net long-term capital gain

(less loss) 420,935 * 4,395

Other portfolio income (net) 1,144 —

Real estate rental net income

(less deficit) 10,914 * -482

Net income 13,284 280

Deficit 2,369 * 762

Net income (less deficit)

from other rental activity 4,702 * 443

Net income 4,852 * 443

Deficit 150 —

Total net Income (less deficit) 2,037,505 242,427

Net income 2,611,941 295,972

Deficit 574,436 53,545

Good production

Construction

Total

Item Total

(9) (10)

Number of returns 479,418 333,527

Number of shareholders 904,649 565,270

Income and deductions from a trade

or business:

Total receipts (1) 963,677,612 460,697,949

Business receipts 954,730,995 456,551,484

Interest on Government obligations:

State and local (1) 252,655 110,281

Net gain, noncapital assets 1,768,628 705,471

Other receipts 6,925,335 3,330,713

Total deductions 912,877,025 438,808,582

Cost of goods sold 682,485,596 344,334,386

Compensation of officers 30,343,304 14,618,896

Salaries and wages 58,641,962 21,795,973

Repairs 4,080,251 1,811,347

Bad debts 1,672,614 614,260

Rent paid on business property 13,429,739 6,447,575

Taxes paid 17,968,380 7,623,575

Interest paid 9,158,000 3,160,534

Amortization 673,177 138,226

Depreciation 19,499,632 6,525,725

Depletion 371,937 25,395

Advertising 6,039,858 1,322,542

Pension, profit-sharing, stock

bonus, and annuity plans 3,717,756 1,415,975

Employee benefit programs 9,427,950 3,674,547

Net loss, noncapital assets 253,088 53,403

Other deductions 55,113,783 25,246,225

Total receipts less total

deductions (1) 50,800,587 21,889,367

Net Income (less deficit)

from a trade or business (1) 50,547,932 21,779,086

Net income 60,044,104 25,597,683

Deficit 9,496,172 3,818,597

Portfolio Income (less deficit)

distributed to shareholders 11,107,087 3,002,383

Dividend income 381,827 138,862

Interest income 2,745,522 1,308,568

Royalty income 92,925 6,052

Net short-term capital gain

(less loss) 154,553 87,160

Net long-term capital gain

(less loss) 7,726,030 1,459,087

Other portfolio income (net) 6,230 2,653

Real estate rental net income

(less deficit) 322,530 179,271

Net income 469,646 300,557

Deficit 147,116 121,286

Net income (less deficit)

from other rental activity 80,380 15,155

Net income 101,707 28,647

Deficit 21,326 13,493

Total net Income (less deficit) 62,057,930 24,975,895

Net income 70,590,646 28,451,199

Deficit 8,532,716 3,475,305

Good production

Construction

Building,

Item developing, Heavy

and general construction

contracting

(11) (12)

Number of returns 133,245 12,070

Number of shareholders 249,847 23,465

Income and deductions from a trade

or business:

Total receipts (1) 211,861,633 59,287,201

Business receipts 209,643,656 58,358,141

Interest on Government obligations:

State and local (1) 43,080 18,325

Net gain, noncapital assets 111,748 280,629

Other receipts 2,063,049 630,106

Total deductions 203,617,694 56,724,459

Cost of goods sold 175,132,625 44,314,811

Compensation of officers 4,264,037 1,273,874

Salaries and wages 6,405,517 2,445,147

Repairs 458,451 411,703

Bad debts 191,346 92,617

Rent paid on business property 1,466,798 1,576,830

Taxes paid 2,064,429 961,436

Interest paid 1,652,580 420,957

Amortization 82,157 10,220

Depreciation 1,256,376 1,913,570

Depletion 630 20,536

Advertising 504,407 57,136

Pension, profit-sharing, stock

bonus, and annuity plans 351,087 233,892

Employee benefit programs 816,157 390,101

Net loss, noncapital assets 18,103 6,332

Other deductions 8,952,996 2,595,296

Total receipts less total

deductions (1) 8,243,839 2,562,742

Net Income (less deficit)

from a trade or business (1) 8,200,759 2,544,417

Net income 10,518,044 2,943,769

Deficit 2,317,284 399,352

Portfolio Income (less deficit)

distributed to shareholders 1,457,839 773,773

Dividend income 71,159 24,986

Interest income 751,728 226,472

Royalty income 1,276 3,711

Net short-term capital gain

(less loss) 56,868 19,246

Net long-term capital gain

(less loss) 580,813 493,428

Other portfolio income (net) -4,005 5,931

Real estate rental net income

(less deficit) 133,350 21,202

Net income 246,162 24,370

Deficit 112,811 3,168

Net income (less deficit)

from other rental activity 3,435 9,396

Net income 16,068 9,894

Deficit 12,633 497

Total net Income (less deficit) 9,795,384 3,348,788

Net income 11,957,419 3,660,372

Deficit 2,162,035 311,584

Good production

Construction Manufacturing

Special

Item trade Total

contractors

(13) (14)

Number of returns 188,213 145,890

Number of shareholders 291,958 339,379

Income and deductions from a trade

or business:

Total receipts (1) 189,549,215 502,979,663

Business receipts 188,549,687 498,179,511

Interest on Government obligations:

State and local (1) 48,876 142,373

Net gain, noncapital assets 313,094 1,063,157

Other receipts 637,558 3,594,622

Total deductions 178,466,429 474,068,443

Cost of goods sold 124,886,950 338,151,210

Compensation of officers 9,080,985 15,724,409

Salaries and wages 12,945,309 36,845,989

Repairs 941,193 2,268,904

Bad debts 330,297 1,058,354

Rent paid on business property 3,403,948 6,982,164

Taxes paid 4,597,711 10,344,805

Interest paid 1,086,997 5,997,466

Amortization 45,848 534,951

Depreciation 3,355,779 12,973,907

Depletion 4,229 346,542

Advertising 760,999 4,717,316

Pension, profit-sharing, stock

bonus, and annuity plans 830,996 2,301,781

Employee benefit programs 2,468,289 5,753,403

Net loss, noncapital assets 28,967 199,685

Other deductions 13,697,933 29,867,558

Total receipts less total

deductions (1) 11,082,786 28,911,220

Net Income (less deficit)

from a trade or business (1) 11,033,910 28,768,846

Net income 12,135,870 34,446,421

Deficit 1,101,960 5,677,575

Portfolio Income (less deficit)

distributed to shareholders 770,771 8,104,704

Dividend income 42,717 242,965

Interest income 330,368 1,436,954

Royalty income 1,066 86,872

Net short-term capital gain

(less loss) 11,046 67,394

Net long-term capital gain

(less loss) 384,847 6,266,943

Other portfolio income (net) 727 3,577

Real estate rental net income

(less deficit) 24,719 143,258

Net income 30,025 169,088

Deficit 5,306 25,830

Net income (less deficit)

from other rental activity 2,323 65,226

Net income 2,686 73,059

Deficit 362 7,834

Total net Income (less deficit) 11,831,723 37,082,035

Net income 12,833,408 42,139,446

Deficit 1,001,685 5,057,412

Good production

Manufacturing

Beverage

Item Food and tobacco

manufacturing product

manufacturing

(15) (16)

Number of returns 8,366 1,256

Number of shareholders 31,372 4,055

Income and deductions from a trade

or business:

Total receipts (1) 53,328,646 8,351,652

Business receipts 52,889,352 8,229,045

Interest on Government obligations:

State and local (1) 11,279 3,986

Net gain, noncapital assets 146,127 24,239

Other receipts 281,888 94,383

Total deductions 51,396,315 7,767,309

Cost of goods sold 39,586,653 4,654,996

Compensation of officers 922,558 130,651

Salaries and wages 3,038,754 835,218

Repairs 280,906 70,953

Bad debts 79,905 10,118

Rent paid on business property 596,719 94,264

Taxes paid 724,304 358,047

Interest paid 524,246 121,646

Amortization 50,403 20,137

Depreciation 1,099,255 311,227

Depletion — 3,053

Advertising 865,708 460,981

Pension, profit-sharing, stock

bonus, and annuity plans 192,507 28,383

Employee benefit programs 482,256 97,401

Net loss, noncapital assets 27,599 * 19,396

Other deductions 2,924,542 550,837

Total receipts less total

deductions (1) 1,932,331 584,344

Net Income (less deficit)

from a trade or business (1) 1,921,052 580,358

Net income 2,375,604 683,299

Deficit 454,552 102,941

Portfolio Income (less deficit)

distributed to shareholders 2,437,709 100,981

Dividend income 17,975 9,400

Interest income 113,655 31,272

Royalty income 4,007 8

Net short-term capital gain

(less loss) 4,974 -472

Net long-term capital gain

(less loss) 2,296,031 60,749

Other portfolio income (net) * 1,067 25

Real estate rental net income

(less deficit) 10,208 7,740

Net income 12,083 7,846

Deficit 1,875 * 106

Net income (less deficit)

from other rental activity 2,042 * 3,735

Net income 2,047 * 3,757

Deficit 5 22

Total net Income (less deficit) 4,371,012 692,813

Net income 4,791,389 784,140

Deficit 420,378 91,327

Good production

Manufacturing

Textile

Item and textile Apparel

product manufacturing

mills

(17) (18)

Number of returns 2,910 7,852

Number of shareholders 5,590 12,856

Income and deductions from a trade

or business:

Total receipts (1) 13,511,400 23,363,523

Business receipts 13,401,635 22,989,437

Interest on Government obligations:

State and local (1) 4,696 3,347

Net gain, noncapital assets 4,966 7,677

Other receipts 100,102 363, 061

Total deductions 13,044,058 22,656,975

Cost of goods sold 10,131,396 16,306,370

Compensation of officers 422,861 791,822

Salaries and wages 805,915 1,959,673

Repairs 39,104 66,593

Bad debts 29,628 56,916

Rent paid on business property 122,924 349,125

Taxes paid 232,364 514,709

Interest paid 149,930 283,175

Amortization 6,844 10,231

Depreciation 361,134 269,402

Depletion — —

Advertising 45,582 246,304

Pension, profit-sharing, stock

bonus, and annuity plans 39,163 57,296

Employee benefit programs 131,436 180,224

Net loss, noncapital assets 1,131 4,838

Other deductions 524,648 1,560,299

Total receipts less total

deductions (1) 467,342 706,548

Net Income (less deficit)

from a trade or business (1) 462,645 703,201

Net income 653,219 1,028,420

Deficit 190,574 325,219

Portfolio Income (less deficit)

distributed to shareholders 62,180 155,360

Dividend income 5,017 9,141

Interest income 39,284 42,759

Royalty income 1,752 11,715

Net short-term capital gain

(less loss) 276 2,255

Net long-term capital gain

(less loss) 15,843 88,893

Other portfolio income (net) 8 596

Real estate rental net income

(less deficit) 307 5,663

Net income 2,710 10,791

Deficit * 2,403 * 5,129

Net income (less deficit)

from other rental activity 1,024 2,065

Net income 1,046 2,085

Deficit 22 —

Total net Income (less deficit) 526,157 866,288

Net income 703,518 1,157,557

Deficit 177,361 291,269

Good production

Manufacturing

Leather and Wood

Item allied product

product manufacturing

manufacturing

(19) (20)

Number of returns 1,111 6,214

Number of shareholders 1,880 13,885

Income and deductions from a trade

or business:

Total receipts (1) 3,024,388 30,699,129

Business receipts 3,009,826 30,424,664

Interest on Government obligations:

State and local (1) * 323 7,254

Net gain, noncapital assets * 172 40,723

Other receipts 14,066 226,488

Total deductions 2,845,556 29,070,176

Cost of goods sold 1,836,205 23,023,844

Compensation of officers 114,185 630,191

Salaries and wages 349,990 1,506,307

Repairs 5,225 129,855

Bad debts 3,986 34,685

Rent paid on business property 50,770 233,310

Taxes paid 57,319 514,729

Interest paid 54,488 334,224

Amortization 2,611 13,586

Depreciation 29,806 669,969

Depletion — 157,180

Advertising 65,509 162,612

Pension, profit-sharing, stock

bonus, and annuity plans 7,216 121,871

Employee benefit programs 30,867 282,647

Net loss, noncapital assets 937 5,946

Other deductions 236,443 1,249,220

Total receipts less total

deductions (1) 178,832 1,628,953

Net Income (less deficit)

from a trade or business (1) 178,508 1,621,699

Net income 229,553 1,811,589

Deficit 51,044 189,890

Portfolio Income (less deficit)

distributed to shareholders 769 198,243

Dividend income 3,398 3,351

Interest income 5,680 75,979

Royalty income 24 * 2,355

Net short-term capital gain

(less loss) -127 2,728

Net long-term capital gain

(less loss) -8,205 113,419

Other portfolio income (net) — 412

Real estate rental net income

(less deficit) * 136 10,737

Net income 244 12,945

Deficit * 108 2,208

Net income (less deficit)

from other rental activity — 11,850

Net income — 11,867

Deficit — 17

Total net Income (less deficit) 179,413 1,842,530

Net income 235,141 2,005,368

Deficit 55,727 162,838

Good production

Manufacturing

Printing

Item Paper and related

manufacturing support

activities

(21) (22)

Number of returns 1,718 19,212

Number of shareholders 6,100 35,741

Income and deductions from a trade

or business:

Total receipts (1) 16,413,779 31,107,399

Business receipts 16,269,159 30,894,275

Interest on Government obligations:

State and local (1) 5,521 6,685

Net gain, noncapital assets 63,183 33,307

Other receipts 75,915 173,132

Total deductions 15,760,332 29,602,457

Cost of goods sold 11,369,090 17,535,101

Compensation of officers 437,897 1,648,857

Salaries and wages 1,177,516 3,162,119

Repairs 83,165 214,659

Bad debts 26,289 97,993

Rent paid on business property 221,089 849,259

Taxes paid 311,756 766,817

Interest paid 273,005 452,784

Amortization 18,986 67,217

Depreciation 598,380 1,184,500

Depletion * 170,020 59

Advertising 47,684 326,941

Pension, profit-sharing, stock

bonus, and annuity plans 86,521 154,259

Employee benefit programs 152,418 328,466

Net loss, noncapital assets 15,864 5,952

Other deductions 770,655 2,807,472

Total receipts less total

deductions (1) 653,447 1,504,943

Net Income (less deficit)

from a trade or business (1) 647,925 1,498,258

Net income 907,650 1,966,611

Deficit 259,724 468,354

Portfolio Income (less deficit)

distributed to shareholders 124,585 158,912

Dividend income 34,191 4,297

Interest income 45,390 84,625

Royalty income 5,029 143

Net short-term capital gain

(less loss) 5,322 1,062

Net long-term capital gain

(less loss) 34,557 68,785

Other portfolio income (net) 96 —

Real estate rental net income

(less deficit) 4,894 -975

Net income 6,199 3,222

Deficit 1,304 4,197

Net income (less deficit)

from other rental activity * -375 7,153

Net income * 433 * 7,281

Deficit 808 129

Total net Income (less deficit) 777,030 1,663,347

Net income 988,490 2,090,345

Deficit 211,460 426,998

Good production

Manufacturing

Petroleum

Item and coal Chemical

products manufacturing

manufacturing

(23) (24)

Number of returns 190 3,911

Number of shareholders 461 11,832

Income and deductions from a trade

or business:

Total receipts (1) 3,458,225 17,214,220

Business receipts 3,390,549 17,080,431

Interest on Government obligations:

State and local (1) * 941 6,527

Net gain, noncapital assets 12,967 16,704

Other receipts 53,768 110,558

Total deductions 3,279,838 16,099,265

Cost of goods sold 2,511,458 10,342,296

Compensation of officers 52,896 582,180

Salaries and wages 200,302 1,651,885

Repairs 37,805 94,489

Bad debts 4,180 57,885

Rent paid on business property 48,957 259,380

Taxes paid 47,860 315,732

Interest paid 40,757 197,907

Amortization 3,014 50,248

Depreciation 134,717 412,796

Depletion 1,710 1,194

Advertising 15,047 235,535

Pension, profit-sharing, stock

bonus, and annuity plans 11,408 84,002

Employee benefit programs 31,582 194,839

Net loss, noncapital assets 80 21,541

Other deductions 138,065 1,597,356

Total receipts less total

deductions (1) 178,387 1,114,955

Net Income (less deficit)

from a trade or business (1) 177,446 1,108,428

Net income 189,102 1,329,407

Deficit 11,656 220,979

Portfolio Income (less deficit)

distributed to shareholders 19,992 452,103

Dividend income 812 10,994

Interest income 8,069 58,733

Royalty income — 7,073

Net short-term capital gain

(less loss) * 227 22,063

Net long-term capital gain

(less loss) 10,884 353,208

Other portfolio income (net) — 32

Real estate rental net income

(less deficit) 932 4,728

Net income 932 5,505

Deficit — * 777

Net income (less deficit)

from other rental activity * 488 260

Net income * 488 545

Deficit — 285

Total net Income (less deficit) 198,857 1,565,519

Net income 208,145 1,736,143

Deficit 9,288 170,624

Good production

Manufacturing

Plastics and Nonmetallic

Item rubber mineral

products products

manufacturing manufacturing

(25) (26)

Number of returns 7,066 4,727

Number of shareholders 17,857 9,928

Income and deductions from a trade

or business:

Total receipts (1) 33,761,951 15,642,936

Business receipts 33,426,604 15,498,113

Interest on Government obligations:

State and local (1) 10,839 3,975

Net gain, noncapital assets 107,041 42,935

Other receipts 217,465 97,913

Total deductions 31,636,078 14,506,223

Cost of goods sold 22,725,364 9,766,895

Compensation of officers 1,054,352 468,787

Salaries and wages 2,189,530 1,239,637

Repairs 148,910 138,663

Bad debts 77,323 33,162

Rent paid on business property 422,434 305,059

Taxes paid 701,557 387,084

Interest paid 447,917 186,506

Amortization 34,701 15,733

Depreciation 1,153,208 590,718

Depletion — 12,184

Advertising 189,100 133,055

Pension, profit-sharing, stock

bonus, and annuity plans 135,605 72,720

Employee benefit programs 443,474 154,213

Net loss, noncapital assets 1,175 638

Other deductions 1,911,430 1,001,169

Total receipts less total

deductions (1) 2,125,872 1,136,712

Net Income (less deficit)

from a trade or business (1) 2,115,033 1,132,737

Net income 2,504,763 1,299,570

Deficit 389,730 166,833

Portfolio Income (less deficit)

distributed to shareholders 834,917 107,341

Dividend income 13,910 2,341

Interest income 101,114 51,575

Royalty income 4,372 753

Net short-term capital gain

(less loss) -303 3,359

Net long-term capital gain

(less loss) 715,632 49,298

Other portfolio income (net) 192 15

Real estate rental net income

(less deficit) 9,345 10,706

Net income 9,690 11,744

Deficit 345 * 1,037

Net income (less deficit)

from other rental activity -49 * 243

Net income 237 * 243

Deficit 285 —

Total net Income (less deficit) 2,959,247 1,251,027

Net income 3,293,316 1,395,960

Deficit 334,070 144,933

Good production

Manufacturing

Primary Fabricated

Item metal metal

manufacturing products

manufacturing

(27) (28)

Number of returns 2,677 27,407

Number of shareholders 7,460 62,167

Income and deductions from a trade

or business:

Total receipts (1) 21,180,169 77,395,205

Business receipts 20,952,234 76,695,379

Interest on Government obligations:

State and local (1) 2,969 24,266

Net gain, noncapital assets 40,972 210,260

Other receipts 183,994 465,300

Total deductions 20,490,075 71,953,848

Cost of goods sold 16,557,764 50,604,166

Compensation of officers 421,168 3,171,478

Salaries and wages 886,618 5,359,263

Repairs 97,725 316,865

Bad debts 11,826 150,226

Rent paid on business property 186,968 1,159,049

Taxes paid 310,172 1,802,162

Interest paid 381,074 916,727

Amortization 15,497 77,090

Depreciation 477,057 2,412,943

Depletion 640 2

Advertising 29,376 380,198

Pension, profit-sharing, stock

bonus, and annuity plans 102,004 502,404

Employee benefit programs 201,876 1,094,651

Net loss, noncapital assets 28,737 32,964

Other deductions 781,574 3,973,660

Total receipts less total

deductions (1) 690,094 5,441,357

Net Income (less deficit)

from a trade or business (1) 687,125 5,417,091

Net income 971,998 6,241,974

Deficit 284,873 824,883

Portfolio Income (less deficit)

distributed to shareholders 241,588 1,381,370

Dividend income 13,970 32,251

Interest income 70,408 245,093

Royalty income 7,582 6,509

Net short-term capital gain

(less loss) 8,009 12,284

Net long-term capital gain

(less loss) 141,740 1,084,844

Other portfolio income (net) -101 388

Real estate rental net income

(less deficit) 6,065 36,333

Net income 6,757 37,835

Deficit 691 1,502

Net income (less deficit)

from other rental activity 2,517 10,840

Net income 3,167 11,607

Deficit 651 767

Total net Income (less deficit) 937,295 6,845,634

Net income 1,161,625 7,554,382

Deficit 224,330 708,748

Good production

Manufacturing

Computer and

Machinery electronic

Item manufacturing products

manufacturing

(29) (30)

Number of returns 9,362 5,457

Number of shareholders 24,955 13,683

Income and deductions from a trade

or business:

Total receipts (1) 30,055,756 19,619,291

Business receipts 29,704,885 19,481,293

Interest on Government obligations:

State and local (1) 12,250 10,474

Net gain, noncapital assets 126,835 11,028

Other receipts 211,786 116,497

Total deductions 28,074,449 18,136,024

Cost of goods sold 19,684,913 12,318,912

Compensation of officers 1,117,905 556,158

Salaries and wages 2,165,010 2,011,241

Repairs 119,941 61,016

Bad debts 60,139 55,132

Rent paid on business property 385,256 269,304

Taxes paid 720,213 422,944

Interest paid 380,372 178,110

Amortization 29,669 17,210

Depreciation 790,618 457,035

Depletion — —

Advertising 199,876 186,394

Pension, profit-sharing, stock

bonus, and annuity plans 173,620 94,579

Employee benefit programs 528,157 210,936

Net loss, noncapital assets 7,508 7,298

Other deductions 1,711,253 1,289,754

Total receipts less total

deductions (1) 1,981,307 1,483,268

Net Income (less deficit)

from a trade or business (1) 1,969,057 1,472,793

Net income 2,366,415 1,780,022

Deficit 397,358 307,228

Portfolio Income (less deficit)

distributed to shareholders 381,070 322,513

Dividend income 13,494 9,277

Interest income 99,927 59,109

Royalty income 10,644 3,281

Net short-term capital gain

(less loss) 2,762 871

Net long-term capital gain

(less loss) 254,208 249,976

Other portfolio income (net) 36 —

Real estate rental net income

(less deficit) 8,491 2,125

Net income 8,851 2,251

Deficit 360 125

Net income (less deficit)

from other rental activity 13,936 -20

Net income 14,379 628

Deficit * 443 648

Total net Income (less deficit) 2,372,554 1,797,412

Net income 2,733,050 2,084,498

Deficit 360,496 287,086

Good production

Manufacturing

Electrical

Item equipment, Transportation

appliance, equipment

and component manufacturing

manufacturing

(31) (32)

Number of returns 5,394 5,554

Number of shareholders 11,221 10,513

Income and deductions from a trade

or business:

Total receipts (1) 21,208,790 28,512,660

Business receipts 21,058,589 28,228,560

Interest on Government obligations:

State and local (1) 4,846 12,655

Net gain, noncapital assets 8,532 61,139

Other receipts 136,823 210,306

Total deductions 19,589,644 26,688,235

Cost of goods sold 13,373,165 21,017,822

Compensation of officers 579,573 460,691

Salaries and wages 2,116,521 1,565,168

Repairs 72,737 82,627

Bad debts 48,022 30,095

Rent paid on business property 250,749 251,229

Taxes paid 419,932 574,732

Interest paid 210,909 256,405

Amortization 21,314 21,062

Depreciation 430,294 553,780

Depletion 41 —

Advertising 357,585 161,415

Pension, profit-sharing, stock

bonus, and annuity plans 103,684 103,356

Employee benefit programs 288,709 320,286

Net loss, noncapital assets 3,609 2,982

Other deductions 1,312,800 1,286,584

Total receipts less total

deductions (1) 1,619,146 1,824,425

Net Income (less deficit)

from a trade or business (1) 1,614,300 1,811,770

Net income 1,814,042 2,076,496

Deficit 199,742 264,727

Portfolio Income (less deficit)

distributed to shareholders 434,841 305,170

Dividend income 26,348 9,921

Interest income 69,854 87,478

Royalty income 5,066 10,504

Net short-term capital gain

(less loss) -2,075 795

Net long-term capital gain

(less loss) 335,645 196,421

Other portfolio income (net) 3 52

Real estate rental net income

(less deficit) 3,322 8,120

Net income 6,896 8,155

Deficit * 3,574 34

Net income (less deficit)

from other rental activity 2,966 3,446

Net income 2,966 7,167

Deficit — 3,721

Total net Income (less deficit) 2,055,429 2,128,506

Net income 2,247,309 2,373,788

Deficit 191,880 245,282

Goods production

Manufacturing

Furniture

Item and related Miscellaneous

products manufacturing

manufacturing

(33) (34)

Number of returns 4,371 21,137

Number of shareholders 9,297 48,628

Income and deductions from a trade

or business:

Total receipts (1) 14,007,825 41,122,719

Business receipts 13,819,882 40,735,600

Interest on Government obligations:

State and local (1) 1,748 7,791

Net gain, noncapital assets 9,453 94,897

Other receipts 176,743 284,432

Total deductions 13,146,812 38,324,775

Cost of goods sold 9,514,915 25,289,885

Compensation of officers 403,850 1,756,348

Salaries and wages 1,063,754 3,561,570

Repairs 52,974 154,695

Bad debts 26,890 163,954

Rent paid on business property 195,965 730,354

Taxes paid 308,262 854,111

Interest paid 121,856 485,428

Amortization 12,483 46,916

Depreciation 243,660 793,410

Depletion — 457

Advertising 137,861 470,553

Pension, profit-sharing, stock

bonus, and annuity plans 44,937 186,247

Employee benefit programs 140,196 458,768

Net loss, noncapital assets 7,558 3,933

Other deductions 871,651 3,368,147

Total receipts less total

deductions (1) 861,014 2,797,944

Net Income (less deficit)

from a trade or business (1) 859,266 2,790,153

Net income 986,589 3,230,101

Deficit 127,323 439,948

Portfolio Income (less deficit)

distributed to shareholders 199,467 185,572

Dividend income 3,633 19,246

Interest income 30,540 116,409

Royalty income 111 5,966

Net short-term capital gain

(less loss) 2,424 961

Net long-term capital gain

(less loss) 162,041 42,975

Other portfolio income (net) 739 15

Real estate rental net income

(less deficit) 1,656 12,724

Net income 1,677 12,756

Deficit 21 32

Net income (less deficit)

from other rental activity * 138 2,969

Net income * 138 2,998

Deficit — 30

Total net Income (less deficit) 1,060,547 2,991,418

Net income 1,177,130 3,418,152

Deficit 116,583 426,734

Distribution and transportation

of goods

Wholesale and

retail trade

Item Total Total

(35) (36)

Number of returns 581,118 493,598

Number of shareholders 1,042,248 890,601

Income and deductions from a trade

or business:

Total receipts (1) 1,463,711,480 1,374,315,838

Business receipts 1,446,123,959 1,358,093,667

Interest on Government obligations:

State and local (1) 141,526 129,207

Net gain, noncapital assets 1,428,348 725,308

Other receipts 16,017,646 15,367,655

Total deductions 1,428,535,411 1,341,227,729

Cost of goods sold 1,106,394,920 1,073,672,781

Compensation of officers 28,198,458 25,587,965

Salaries and wages 106,468,017 93,302,276

Repairs 6,987,239 5,101,302

Bad debts 2,056,913 1,904,528

Rent paid on business property 27,768,556 21,743,177

Taxes paid 20,018,870 17,138,640

Interest paid 11,313,633 9,839,095

Amortization 924,144 859,294

Depreciation 15,576,204 10,421,156

Depletion 12,946 12,433

Advertising 13,326,781 13,056,982

Pension, profit-sharing, stock

bonus, and annuity plans 2,629,549 2,307,295

Employee benefit programs 6,374,488 5,331,785

Net loss, noncapital assets 197,098 181,629

Other deductions 80,287,594 60,767,392

Total receipts less total

deductions (1) 35,176,069 33,088,109

Net Income (less deficit)

from a trade or business (1) 35,034,543 32,958,902

Net income 45,782,699 41,565,543

Deficit 10,748,156 8,606,641

Portfolio Income (less deficit)

distributed to shareholders 6,611,643 5,949,490

Dividend income 294,832 258,812

Interest income 2,215,347 1,982,476

Royalty income 180,284 179,957

Net short-term capital gain

(less loss) 6,808 -13,723

Net long-term capital gain

(less loss) 3,851,661 3,482,352

Other portfolio income (net) 62,712 59,616

Real estate rental net income

(less deficit) 427,058 373,834

Net income 465,979 404,712

Deficit 38,921 30,878

Net income (less deficit)

from other rental activity 164,025 189,482

Net income 262,666 209,316

Deficit 98,642 19,834

Total net Income (less deficit) 42,237,269 39,471,709

Net income 52,046,324 47,227,365

Deficit 9,809,055 7,755,656

Distribution and transportation

of goods

Wholesale and retail trade

Wholesale trade

Item Total Durable

goods

(37) (38)

Number of returns 160,561 99,185

Number of shareholders 306,088 188,825

Income and deductions from a trade

or business:

Total receipts (1) 578,846,923 281,524,539

Business receipts 573,424,760 278,610,894

Interest on Government obligations:

State and local (1) 76,838 43,966

Net gain, noncapital assets 381,232 284,016

Other receipts 4,964,092 2,585,664

Total deductions 560,718,193 270,487,783

Cost of goods sold 451,575,571 210,985,873

Compensation of officers 12,761,662 7,679,988

Salaries and wages 37,381,860 20,970,718

Repairs 1,973,974 908,713

Bad debts 1,004,129 578,162

Rent paid on business property 6,673,430 3,641,050

Taxes paid 7,326,171 3,150,204

Interest paid 4,353,726 2,419,875

Amortization 369,535 127,124

Depreciation 4,477,361 2,519,936

Depletion 5,464 * 5,129

Advertising 3,124,178 1,628,231

Pension, profit-sharing, stock

bonus, and annuity plans 1,346,049 801,176

Employee benefit programs 2,317,272 1,355,389

Net loss, noncapital assets 70,838 42,539

Other deductions 25,956,975 13,673,677

Total receipts less total

deductions (1) 18,128,730 11,036,756

Net Income (less deficit)

from a trade or business (1) 18,051,891 10,992,791

Net income 21,306,008 12,910,054

Deficit 3,254,117 1,917,264

Portfolio Income (less deficit)

distributed to shareholders 3,057,574 1,551,551

Dividend income 152,673 72,278

Interest income 922,172 487,184

Royalty income 137,986 103,147

Net short-term capital gain

(less loss) 22,519 -119

Net long-term capital gain

(less loss) 1,814,674 881,825

Other portfolio income (net) 7,550 7,237

Real estate rental net income

(less deficit) 172,125 91,511

Net income 181,748 95,356

Deficit 9,623 3,846

Net income (less deficit)

from other rental activity 108,499 80,725

Net income 114,907 86,583

Deficit 6,409 5,858

Total net Income (less deficit) 21,390,089 12,716,577

Net income 24,183,612 14,410,749

Deficit 2,793,523 1,694,172

Distribution and transportation

of goods

Wholesale and retail trade

Wholesale Retail trade

trade

Item Non-durable Total

goods

(39) (40)

Number of returns 61,376 332,563

Number of shareholders 117,263 583,936

Income and deductions from a trade

or business:

Total receipts (1) 297,322,383 794,656,255

Business receipts 294,813,866 783,869,987

Interest on Government obligations:

State and local (1) 32,873 52,368

Net gain, noncapital assets 97,216 343,777

Other receipts 2,378,428 10,390,123

Total deductions 290,230,410 779,700,405

Cost of goods sold 240,589,697 621,497,377

Compensation of officers 5,081,674 12,817,246

Salaries and wages 16,411,141 55,840,860

Repairs 1,065,262 3,124,723

Bad debts 425,967 893,581

Rent paid on business property 3,032,379 15,053,088

Taxes paid 4,175,967 9,803,633

Interest paid 1,933,851 5,473,409

Amortization 242,411 488,895

Depreciation 1,957,425 5,936,170

Depletion 334 * 6,969

Advertising 1,495,947 9,927,138

Pension, profit-sharing, stock

bonus, and annuity plans 544,874 960,885

Employee benefit programs 961,883 3,012,099

Net loss, noncapital assets 28,299 110,653

Other deductions 12,283,298 34,753,678

Total receipts less total

deductions (1) 7,091,973 14,955,850

Net Income (less deficit)

from a trade or business (1) 7,059,101 14,903,482

Net income 8,395,953 20,242,498

Deficit 1,336,853 5,339,016

Portfolio Income (less deficit)

distributed to shareholders 1,506,023 2,889,712

Dividend income 80,395 106,131

Interest income 434,988 1,057,859

Royalty income 34,839 41,941

Net short-term capital gain

(less loss) 22,638 -21,783

Net long-term capital gain

(less loss) 932,849 1,653,497

Other portfolio income (net) 313 52,066

Real estate rental net income

(less deficit) 80,616 201,365

Net income 86,391 222,621

Deficit 5,777 21,255

Net income (less deficit)

from other rental activity 27,774 80,819

Net income 28,324 94,245

Deficit * 550 13,425

Total net Income (less deficit) 8,673,512 18,075,378

Net income 9,772,863 23,024,830

Deficit 1,099,351 4,949,452

Distribution and transportation

of goods

Wholesale and retail trade

Retail trade

Motor vehicle Furniture

Item and and home

parts dealer furnishings

(41) (42)

Number of returns 52,712 17,990

Number of shareholders 88,559 34,052

Income and deductions from a trade

or business:

Total receipts (1) 406,669,415 30,009,341

Business receipts 400,464,625 29,714,241

Interest on Government obligations:

State and local (1) 5,224 12,103

Net gain, noncapital assets 168,179 9,440

Other receipts 6,031,387 273,557

Total deductions 401,330,902 29,066,454

Cost of goods sold 350,780,702 18,411,084

Compensation of officers 3,936,172 875,403

Salaries and wages 19,350,671 3,603,572

Repairs 832,332 169,213

Bad debts 285,246 62,684

Rent paid on business property 3,544,842 1,291,103

Taxes paid 3,175,140 593,581

Interest paid 2,522,847 180,651

Amortization 98,925 18,065

Depreciation 1,645,887 236,811

Depletion 750 —

Advertising 3,917,852 1,140,169

Pension, profit-sharing, stock

bonus, and annuity plans 232,937 76,367

Employee benefit programs 1,323,278 165,695

Net loss, noncapital assets 25,250 6,739

Other deductions 9,658,072 2,235,316

Total receipts less total

deductions (1) 5,338,513 942,887

Net Income (less deficit)

from a trade or business (1) 5,333,289 930,785

Net income 6,506,445 1,204,958

Deficit 1,173,156 274,173

Portfolio Income (less deficit)

distributed to shareholders 1,122,816 264,342

Dividend income 15,470 9,493

Interest income 447,806 59,739

Royalty income 231 807

Net short-term capital gain

(less loss) 9,907 606

Net long-term capital gain

(less loss) 648,309 143,248

Other portfolio income (net) 1,093 * 50,449

Real estate rental net income

(less deficit) 50,605 8,172

Net income 52,450 10,570

Deficit 1,845 * 2,398

Net income (less deficit)

from other rental activity 37,732 * 19,687

Net income 50,279 * 19,687

Deficit 12,547 —

Total net Income (less deficit)

Net income 6,544,441 1,222,985

Deficit 7,573,370 1,464,572

1,028,929 241,587

Distribution and transportation

of goods

Wholesale and retail trade

Retail trade

Building

Electronics material

Item and and garden

appliances equipment

and supplies

dealers

(43) (44)

Number of returns 16,549 21,218

Number of shareholders 32,162 40,570

Income and deductions from a trade

or business:

Total receipts (1) 26,424,979 42,661,693

Business receipts 26,036,113 42,412,399

Interest on Government obligations:

State and local (1) 4,529 2,278

Net gain, noncapital assets 5,951 20,979

Other receipts 378,386 226,037

Total deductions 25,654,904 41,005,139

Cost of goods sold 19,041,413 30,187,987

Compensation of officers 533,966 997,167

Salaries and wages 2,528,143 3,915,682

Repairs 66,755 223,851

Bad debts 51,759 85,847

Rent paid on business property 497,312 818,302

Taxes paid 414,913 764,020

Interest paid 105,762 360,604

Amortization 10,647 17,053

Depreciation 184,732 430,681

Depletion — 2,396

Advertising 306,449 354,246

Pension, profit-sharing, stock

bonus, and annuity plans 41,491 95,300

Employee benefit programs 111,991 237,095

Net loss, noncapital assets * 2,463 3,940

Other deductions 1,757,108 2,510,968

Total receipts less total

deductions (1) 770,079 1,656,554

Net Income (less deficit)

from a trade or business (1) 765,547 1,654,276

Net income 991,543 1,825,528

Deficit 225,996 171,252

Portfolio Income (less deficit)

distributed to shareholders 307,430 120,033

Dividend income 4,738 15,310

Interest income 30,684 77,692

Royalty income — 7

Net short-term capital gain

(less loss) 9,598 10,892

Net long-term capital gain

(less loss) 262,411 16,131

Other portfolio income (net) — —

Real estate rental net income

(less deficit) 1,733 4,726

Net income * 1,749 6,411

Deficit 16 * 1,685

Net income (less deficit)

from other rental activity 10 698

Net income 10 1,556

Deficit — 857

Total net Income (less deficit)

Net income 1,074,720 1,779,733

Deficit 1,287,888 1,939,656

213,168 159,923

Distribution and transportation

of goods

Wholesale and retail trade

Retail trade

Food, Health

Item beverage, and

and personal

liquor stores care

(45) (461

Number of returns 49,049 21,455

Number of shareholders 91,966 34,867

Income and deductions from a trade

or business:

Total receipts (1) 90,236,677 26,397,662

Business receipts 88,953,630 26,294,716

Interest on Government obligations:

State and local (1) 8,810 2,451

Net gain, noncapital assets 76,583 * 555

Other receipts 1,197,654 99,940

Total deductions 88,705,125 25,494,047

Cost of goods sold 65,779,768 17,757,073

Compensation of officers 1,328,142 1,178,514

Salaries and wages 8,546,142 2,816,450

Repairs 693,340 77,747

Bad debts 79,723 16,409

Rent paid on business property 2,355,407 733,899

Taxes paid 1,574,863 410,225

Interest paid 586,702 164,885

Amortization 104,643 50,690

Depreciation 1,031,430 167,264

Depletion * 9 —

Advertising 952,333 271,464

Pension, profit-sharing, stock

bonus, and annuity plans 134,090 64,775

Employee benefit programs 511,697 90,636

Net loss, noncapital assets 9,054 * 18,035

Other deductions 5,017,780 1,675,961

Total receipts less total

deductions (1) 1,531,552 903,616

Net Income (less deficit)

from a trade or business (1) 1,522,743 901,165

Net income 2,193,461 1,213,544

Deficit 670,718 312,379

Portfolio Income (less deficit)

distributed to shareholders 359,269 92,741

Dividend income 21,538 5,033

Interest income 157,362 23,164

Royalty income 1,223 220

Net short-term capital gain

(less loss) -77,387 * 470

Net long-term capital gain

(less loss) 256,430 63,854

Other portfolio income (net) 104 —

Real estate rental net income

(less deficit) 54,995 6,070

Net income 56,594 * 8,138

Deficit * 1,599 * 2,068

Net income (less deficit)

from other rental activity 6,370 25

Net income 6,370 25

Deficit — —

Total net Income (less deficit)

Net income 1,943,377 1,000,001

Deficit 2,647,631 1,285,660

704,255 285,659

Distribution and transportation

of goods

Wholesale and retail trade

Retail trade

Clothing and

Item Gasoline clothing

stations accessories

stores

(47) (48)

Number of returns 19, 335 26,412

Number of shareholders 35,531 43,008

Income and deductions from a trade

or business:

Total receipts (1) 58,624,314 17,989,760

Business receipts 58,108,199 17,830,790

Interest on Government obligations:

State and local (1) 8,316 3,893

Net gain, noncapital assets 23,333 731

Other receipts 484,467 154,346

Total deductions 58,154,068 17,512,733

Cost of goods sold 49,285,268 10,387,367

Compensation of officers 532,131 625,588

Salaries and wages 2,765,511 2,175,387

Repairs 325,133 180,169

Bad debts 24,386 26,770

Rent paid on business property 979,724 1,197,411

Taxes paid 645,831 412,075

Interest paid 404,615 169,045

Amortization 60,464 16,012

Depreciation 831,376 169,028

Depletion 100 —

Advertising 139,918 587,663

Pension, profit-sharing, stock

bonus, and annuity plans 42,584 48,168

Employee benefit programs 79,814 66,204

Net loss, noncapital assets 7,643 15,861

Other deductions 2,029,570 1,435,983

Total receipts less total

deductions (1) 470,246 477,027

Net Income (less deficit)

from a trade or business (1) 461,930 473,134

Net income 860,487 940,341

Deficit 398,557 467,207

Portfolio Income (less deficit)

distributed to shareholders 106,639 36,211

Dividend income 4,764 3,842

Interest income 59,350 22,091

Royalty income 1,740 5,215

Net short-term capital gain

(less loss) 8,313 1,390

Net long-term capital gain

(less loss) 32,407 3,673

Other portfolio income (net) 65 —

Real estate rental net income

(less deficit) 25,295 276

Net income 28,939 1,592

Deficit 3,644 * 1,317

Net income (less deficit)

from other rental activity 11,461 * 313

Net income 11,461 * 313

Deficit — —

Total net Income (less deficit) 605,325 509,934

Net income 963,153 967,886

Deficit 357,828 457,953

Distribution and transportation

of goods

Wholesale and trade

Retail trade

Sporting

Item goods, General

hobby, book merchandise

and music

(49) (50)

Number of returns 20,474 5,435

Number of shareholders 39,065 9,945

Income and deductions from a trade

or business:

Total receipts (1) 13,345,942 8,013,320

Business receipts 13,160,676 7,897,821

Interest on Government obligations:

State and local (1) 221 722

Net gain, noncapital assets 2,243 272

Other receipts 182,803 114,500

Total deductions 13,074,729 7,732,164

Cost of goods sold 8,424,825 5,183,922

Compensation of officers 307,483 150,105

Salaries and wages 1,449,621 938,844

Repairs 76,374 47,383

Bad debts 19,616 10,633

Rent paid on business property 741,632 303,452

Taxes paid 278,807 156,247

Interest paid 128,816 77,475

Amortization 8,123 3,610

Depreciation 198,867 72,736

Depletion — —

Advertising 295,316 164,936

Pension, profit-sharing, stock

bonus, and annuity plans 15,379 16,288

Employee benefit programs 46,062 35,527

Net loss, noncapital assets * 6,843 2,294

Other deductions 1,076,965 568,712

Total receipts less total

deductions (1) 271,213 281,156

Net Income (less deficit)

from a trade or business (1) 270,992 280,434

Net income 583,466 352,799

Deficit 312,474 72,365

Portfolio Income (less deficit)

distributed to shareholders 76,593 3,396

Dividend income 2,226 628

Interest income 14,645 11,498

Royalty income 3 6

Net short-term capital gain

(less loss) * -300 * -7

Net long-term capital gain

(less loss) * 60,018 * -8,729

Other portfolio income (net) — —

Real estate rental net income

(less deficit) 221 1,225

Net income * 1,179 4,226

Deficit * 958 * 3,002

Net income (less deficit)

from other rental activity 231 25

Net income 231 25

Deficit — —

Total net Income (less deficit) 348,037 285,080

Net income 655,747 363,721

Deficit 307,710 78,641

Distribution and transportation

of goods

Wholesale and trade

Retail trade

Miscellaneous Nonstore

Item store retailers

retailers

(51) (52)

Number of returns 61,277 20,656

Number of shareholders 99,548 34,662

Income and deductions from a trade

or business:

Total receipts (1) 50,673,067 23,610,085

Business receipts 49,889,336 23,107,439

Interest on Government obligations:

State and local (1) 2,003 1,820

Net gain, noncapital assets 14,681 20,830

Other receipts 767,047 479,996

Total deductions 49,171,661 22,798,480

Cost of goods sold 32,927,867 13,330,102

Compensation of officers 1,707,594 644,979

Salaries and wages 5,020,867 2,729,971

Repairs 292,933 139,493

Bad debts 53,696 176,811

Rent paid on business property 2,144,915 445,089

Taxes paid 928,029 449,902

Interest paid 542,259 229,749

Amortization 51,214 49,450

Depreciation 547,526 419,811

Depletion * 3,713 —

Advertising 682,803 1,113,989

Pension, profit-sharing, stock

bonus, and annuity plans 102,322 91,184

Employee benefit programs 182,714 161,386

Net loss, noncapital assets 11,828 703

Other deductions 3,971,380 2,815,862

Total receipts less total

deductions (1) 1,501,406 811,605

Net Income (less deficit)

from a trade or business (1) 1,499,403 809,785

Net income 2,218,053 1,351,873

Deficit 718, 650 542,088

Portfolio Income (less deficit)

distributed to shareholders 177,701 222,540

Dividend income 17,761 5,327

Interest income 76,412 77,416

Royalty income * 29,025 3,464

Net short-term capital gain

(less loss) 7,632 7,103

Net long-term capital gain

(less loss) 46,513 129,232

Other portfolio income (net) * 359 -3

Real estate rental net income

(less deficit) 33,300 14,749

Net income 35,513 15,260

Deficit * 2,214 511

Net income (less deficit)

from other rental activity * 407 * 3,860

Net income * 413 * 3,874

Deficit 6 15

Total net Income (less deficit) 1,710,812 1,050,934

Net income 2,377,537 1,498,008

Deficit 666,726 447,075

Distribution and transportation

of goods

Wholesale Transportation

retail and and

trade warehousing

Wholesale

Item and retail Total

trade not

allocable

(53) (54)

Number of returns 474 87,520

Number of shareholders 577 151,647

Income and deductions from a trade

or business:

Total receipts (1) 812,661 89,395,642

Business receipts 798,921 88,030,292

Interest on Government obligations:

State and local (1) — 12,319

Net gain, noncapital assets 299 703,040

Other receipts 13,440 649,991

Total deductions 809,131 87,307,682

Cost of goods sold 599,833 32,722,139

Compensation of officers 9,057 2,610,492

Salaries and wages 79,556 13,165,741

Repairs 2,605 1,885,937

Bad debts 6,819 152,385

Rent paid on business property 16,660 6,025,379

Taxes paid 8,836 2,880,231

Interest paid 11,960 1,474,538

Amortization * 863 64,850

Depreciation 7,625 5,155,048

Depletion — 514

Advertising 5,666 269,799

Pension, profit-sharing, stock

bonus, and annuity plans 360 322,254

Employee benefit programs 2,414 1,042,703

Net loss, noncapital assets 138 15,470

Other deductions 56,739 19,520,202

Total receipts less total

deductions (1) 3,529 2,087,960

Net Income (less deficit)

from a trade or business (1) 3,529 2,075,641

Net income * 17,037 4,217,156

Deficit 13,508 2,141,515

Portfolio Income (less deficit)

distributed to shareholders 2,205 662,153

Dividend income 8 36,020

Interest income 2,445 232,871

Royalty income 30 327

Net short-term capital gain

(less loss) -14,459 20,531

Net long-term capital gain

(less loss) 14,181 369,309

Other portfolio income (net) — 3,096

Real estate rental net income

(less deficit) 344 53,224

Net income 344 61,267

Deficit — 8,043

Net income (less deficit)

from other rental activity 165 -25,458

Net income 165 53,350

Deficit — 78,808

Total net Income (less deficit) 6,242 2,765,560

Net income * 18,923 4,818,958

Deficit 12,681 2,053,399

Distribution and

transportation of goods

Transportation and warehousing

Air, rail,

Item and water Truck

transportation transportation

(55) (56)

Number of returns 6,707 45,243

Number of shareholders 10,226 79,463

Income and deductions from a trade

or business:

Total receipts (1) 7,685,558 47,250,327

Business receipts 7,404,195 46,686,155

Interest on Government obligations:

State and local (1) 1,383 3,266

Net gain, noncapital assets 199,687 351,258

Other receipts 80,293 209,647

Total deductions 8,033,414 46,128,144

Cost of goods sold 3,425,235 13,674,374

Compensation of officers 107,192 1,307,265

Salaries and wages 856,803 7,885,858

Repairs 328,637 1,097,375

Bad debts 22,775 92,537

Rent paid on business property 488,273 3,759,794

Taxes paid 157,071 1,816,926

Interest paid 316,432 674,303

Amortization 10,121 19,149

Depreciation 983,970 2,932,534

Depletion — 514

Advertising 33,839 108,320

Pension, profit-sharing, stock

bonus, and annuity plans 20,970 183,314

Employee benefit programs 71,137 689,278

Net loss, noncapital assets * 1,624 3,254

Other deductions 1,209,335 11,883,350

Total receipts less total

deductions (1) -347,856 1,122,183

Net Income (less deficit)

from a trade or business (1) -349,240 1,118,916

Net income 458,168 1,832,053

Deficit 807,408 713,137

Portfolio Income (less deficit)

distributed to shareholders 141,378 176,318

Dividend income 4,656 9,922

Interest income 59,330 78,059

Royalty income 83 17

Net short-term capital gain

(less loss) 3,216 16,799

Net long-term capital gain

(less loss) 73,994 69,786

Other portfolio income (net) 98 * 1,737

Real estate rental net income

(less deficit) 3,843 8,559

Net income 3,972 8,964

Deficit * 129 405

Net income (less deficit)

from other rental activity -47,576 6,762

Net income 28,372 9,282

Deficit 75,948 2,520

Total net Income (less deficit) -251,596 1,310,555

Net income 592,962 1,967,944

Deficit 844,558 657,389

Distribution and transportation

of goods

Transportation and warehousing

Transit and

Item ground Pipeline

passenger transportation

transportation

(57) (58)

Number of returns 10,091 * 201

Number of shareholders 12,401 * 452

Income and deductions from a trade

or business:

Total receipts (1) 5,509,422 * 968,591

Business receipts 5,406,092 * 963,997

Interest on Government obligations:

State and local (1) * 43 —

Net gain, noncapital assets 67,025 * 76

Other receipts 36,262 * 4,519

Total deductions 5,370,716 * 952,728

Cost of goods sold 1,582,692 * 843,234

Compensation of officers 232,209 * 3,721

Salaries and wages 1,087,672 * 3,993

Repairs 134,768 * 590

Bad debts 7,104 —

Rent paid on business property 344,436 * 2,762

Taxes paid 227,143 * 2,080

Interest paid 112,370 * 2,353

Amortization 8,491 * 4,115

Depreciation 369,234 * 8,754

Depletion — —

Advertising 41,192 * 102

Pension, profit-sharing, stock

bonus, and annuity plans 34,098 —

Employee benefit programs 68,308 —

Net loss, noncapital assets * 1,254 —

Other deductions 1,101,744 * 81,024

Total receipts less total

deductions (1) 138,706 * 15,864

Net Income (less deficit)

from a trade or business (1) 138,663 * 15,864

Net income 291,226 * 33,294

Deficit 152,563 * 17,430

Portfolio Income (less deficit)

distributed to shareholders 171,333 * 2,065

Dividend income 7,079 —

Interest income 11,789 * 2,065

Royalty income — —

Net short-term capital gain

(less loss) * 418 —

Net long-term capital gain

(less loss) 150,837 —

Other portfolio income (net) * 1,209 —

Real estate rental net income

(less deficit) 2,867 —

Net income * 2,941 —

Deficit 74 —

Net income (less deficit)

from other rental activity 6,129 8

Net income 6,129 8

Deficit — —

Total net Income (less deficit) 318,991 * 17,937

Net income 435,930 * 35,300

Deficit 116,939 * 17,363

Distribution and transportation

of goods

Transportation and warehousing

Other Warehousing

Item transportation and

and support storage

activities

(59) (60)

Number of returns 22,292 2,986

Number of shareholders 37,392 11,654

Income and deductions from a trade

or business:

Total receipts (1) 22,043,000 5,938,743

Business receipts 21,783,498 5,786,355

Interest on Government obligations:

State and local (1) 4,028 3,599

Net gain, noncapital assets 75,089 9,904

Other receipts 180,384 138,885

Total deductions 21,264,080 5,558,599

Cost of goods sold 11,165,615 2,030,989

Compensation of officers 769,459 190,646

Salaries and wages 2,302,161 1,029,252

Repairs 207,618 116,949

Bad debts 25,461 4,508

Rent paid on business property 710,911 719,202

Taxes paid 482,078 194,932

Interest paid 251,499 117,581

Amortization 14,658 8,315

Depreciation 660,608 199,949

Depletion — —

Advertising 72,017 14,329

Pension, profit-sharing, stock

bonus, and annuity plans 46,939 36,934

Employee benefit programs 114,551 81,429

Net loss, noncapital assets * 8,433 905

Other deductions 4,432,072 812,678

Total receipts less total

deductions (1) 778,819 380,145

Net Income (less deficit)

from a trade or business (1) 774,891 376,546

Net income 1,190,992 411,423

Deficit 416,100 34,878

Portfolio Income (less deficit)

distributed to shareholders 104,675 66,384

Dividend income 12,262 2,101

Interest income 35,647 45,981

Royalty income 226 2

Net short-term capital gain

(less loss) -669 766

Net long-term capital gain

(less loss) 57,145 17,547

Other portfolio income (net) 65 -13

Real estate rental net income

(less deficit) -5,425 43,381

Net income 1,777 43,613

Deficit * 7,202 232

Net income (less deficit)

from other rental activity * 5,032 * 4,187

Net income * 5,364 * 4,195

Deficit 332 8

Total net Income (less deficit) 879,174 490,498

Net income 1,282,418 504,404

Deficit 403,244 13,906

Information

Item Total Publishing

industries

(61) (62)

Number of returns 58,468 16,151

Number of shareholders 116,157 34,590

Income and deductions from a trade

or business:

Total receipts (1) 52,333,653 21,743,933

Business receipts 50,894,824 20,937,637

Interest on Government obligations:

State and local (1) 58,126 21,221

Net gain, noncapital assets 325,031 131,117

Other receipts 1,055,673 653,958

Total deductions 49,287,142 19,814,780

Cost of goods sold 18,333,514 7,583,427

Compensation of officers 3,294,799 1,403,472

Salaries and wages 8,627,902 3,998,980

Repairs 345,350 99,189

Bad debts 204,609 96,912

Rent paid on business property 1,372,826 435,530

Taxes paid 1,372,411 539,297

Interest paid 956,905 221,659

Amortization 708,591 149,177

Depreciation 1,722,081 406,609

Depletion 1 —

Advertising 839,460 389,720

Pension, profit-sharing, stock

bonus, and annuity plans 357,072 194,513

Employee benefit programs 524,418 294,335

Net loss, noncapital assets 33,223 2,242

Other deductions 10,593,981 3,999,719

Total receipts less total

deductions (1) 3,046,511 1,929,153

Net Income (less deficit)

from a trade or business (1) 2,988,388 1,907,932

Net income 6,420,790 2,540,537

Deficit 3,432,405 632,605

Portfolio Income (less deficit)

distributed to shareholders 3,630,900 686,288

Dividend income 66,470 32,769

Interest income 432,497 128,661

Royalty income 17,567 5,383

Net short-term capital gain

(less loss) 2,772 -12,620

Net long-term capital gain

(less loss) 3,104,830 531,947

Other portfolio income (net) 6,764 149

Real estate rental net income

(less deficit) 48,870 19,795

Net income 50,056 20,187

Deficit 1,186 392

Net income (less deficit)

from other rental activity 8,874 1,946

Net income 10,028 2,312

Deficit 1,154 366

Total net Income (less deficit) 6,677,030 2,615,960

Net income 9,468,476 3,135,644

Deficit 2,791,446 519,684

Information

Motion

Item picture Broadcasting

and sound and telecom-

recording munications

industries

(63) (64)

Number of returns 14,522 17,402

Number of shareholders 22,381 40,413

Income and deductions from a trade

or business:

Total receipts (1) 8,429,911 16,201,310

Business receipts 8,256,671 16,357,249

Interest on Government obligations:

State and local (1) 10,113 26,139

Net gain, noncapital assets 53,354 135,882

Other receipts 109,773 -317,961

Total deductions 8,262,921 16,101,466

Cost of goods sold 3,133,179 5,810,074

Compensation of officers 730,310 661,304

Salaries and wages 925,566 2,827,175

Repairs 65,068 149,993

Bad debts 12,814 84,084

Rent paid on business property 375,716 361,372

Taxes paid 181,449 481,368

Interest paid 136,676 525,875

Amortization 256,398 283,899

Depreciation 451,014 772,387

Depletion — 1

Advertising 101,156 300,917

Pension, profit-sharing, stock

bonus, and annuity plans 50,386 72,004

Employee benefit programs 37,711 154,225

Net loss, noncapital assets * 11,638 19,236

Other deductions 1,793,841 3,597,553

Total receipts less total

deductions (1) 166,990 99,845

Net Income (less deficit)

from a trade or business (1) 156,877 73,705

Net income 986,773 1,839,167

Deficit 829,897 1,765,462

Portfolio Income (less deficit)

distributed to shareholders 1,131,304 1,285,599

Dividend income 8,458 23,365

Interest income 65,283 215,361

Royalty income * 389 5,778

Net short-term capital gain

(less loss) 23,011 -4,679

Net long-term capital gain

(less loss) 1,034,164 1,039,270

Other portfolio income (net) * -2 * 6,504

Real estate rental net income

(less deficit) 10,358 11,481

Net income 11,010 11,605

Deficit * 652 124

Net income (less deficit)

from other rental activity * 1,915 4,587

Net income * 1,930 5,360

Deficit 15 773

Total net Income (less deficit) 1,300,454 1,375,372

Net income 1,858,442 2,928,568

Deficit 557,989 1,553,195

Information Finance,

insurance,

real estate,

and rental

and leasing

Information

Item services Total

and data

processing

services

(65) (66)

Number of returns 10,394 410,939

Number of shareholders 18,774 891,865

Income and deductions from a trade

or business:

Total receipts (1) 5,958,499 125,960,850

Business receipts 5,343,268 116,596,231

Interest on Government obligations:

State and local (1) 652 427,009

Net gain, noncapital assets 4,677 1,027,575

Other receipts 609,902 7,910,036

Total deductions 5,107,975 117,252,566

Cost of goods sold 1,806,833 23,322,371

Compensation of officers 499,712 13,063,342

Salaries and wages 876,181 31,931,467

Repairs 31,099 1,161,349

Bad debts 10,799 949,343

Rent paid on business property 200,208 5,040,180

Taxes paid 170,297 3,653,631

Interest paid 72,695 6,452,119

Amortization 19,118 298,130

Depreciation 92,072 4,550,627

Depletion — * 156

Advertising 47,667 1,911,766

Pension, profit-sharing, stock

bonus, and annuity plans 40,169 927,501

Employee benefit programs 38,148 1,144,821

Net loss, noncapital assets * 107 672,182

Other deductions 1,202,869 22,173,579

Total receipts less total

deductions (1) 850,524 8,708,284

Net Income (less deficit)

from a trade or business (1) 849,872 8,281,275

Net income 1,054,313 15,960,079

Deficit 204,441 7,678,804

Portfolio Income (less deficit)

distributed to shareholders 527,710 8,588,605

Dividend income 1,878 366,336

Interest income 23,192 2,699,272

Royalty income 6,016 84,052

Net short-term capital gain

(less loss) -2,939 1,401,305

Net long-term capital gain

(less loss) 499,449 3,979,494

Other portfolio income (net) * 114 58,146

Real estate rental net income

(less deficit) 7,236 4,137,491

Net income 7,253 5,690,197

Deficit 18 1,552,706

Net income (less deficit)

from other rental activity 427 295,376

Net income 427 541,996

Deficit — 246,620

Total net Income (less deficit) 1,385,244 21,302,747

Net income 1,545,822 28,217,072

Deficit 160,578 6,914,324

Finance, insurance, real

estate, and rental and

leasing

Finance and insurance

Depository

Item credit

Total inter-

mediation

(67) (68)

Number of returns 103,754 1,044

Number of shareholders 181,455 9,062

Income and deductions from a trade

or business:

Total receipts (1) 64,310,580 2,730,781

Business receipts 58,089,202 1,061,549

Interest on Government obligations:

State and local (1) 380,595 59,944

Net gain, noncapital assets 191,400 47,230

Other receipts 5,649,382 1,582,058

Total deductions 59,324,500 2,203,714

Cost of goods sold 8,459,768 * 8,195

Compensation of officers 8,806,930 162,983

Salaries and wages 16,937,903 318,457

Repairs 313,651 24,249

Bad debts 641,191 43,975

Rent paid on business property 2,027,872 50,290

Taxes paid 1,742,414 64,095

Interest paid 4,577,447 1,032,151

Amortization 206,986 18,084

Depreciation 768,546 54,418

Depletion * 66 2

Advertising 821,975 34,260

Pension, profit-sharing, stock

bonus, and annuity plans 590,862 15,238

Employee benefit programs 631,146 35,803

Net loss, noncapital assets 581,217 7,678

Other deductions 12,216,525 333,836

Total receipts less total

deductions (1) 4,986,080 527,067

Net Income (less deficit)

from a trade or business (1) 4,605,484 467,123

Net income 9,022,094 536,846

Deficit 4,416,610 69,723

Portfolio Income (less deficit)

distributed to shareholders 4,941,006 52,746

Dividend income 182,107 2,144

Interest income 1,106,736 32,506

Royalty income 974 102

Net short-term capital gain

(less loss) 1,244,200 2,345

Net long-term capital gain

(less loss) 2,356,984 15,635

Other portfolio income (net) 50,005 14

Real estate rental net income

(less deficit) 37,408 4,963

Net income 77,027 6,335

Deficit 39,619 1,371

Net income (less deficit)

from other rental activity 4,078 -86

Net income 16,885 227

Deficit 12,807 314

Total net Income (less deficit) 9,587,976 524,746

Net income 12,522,305 578,900

Deficit 2,934,329 54,154

Finance, insurance, real

estate, and rental and

leasing

Finance and insurance

Securities,

Non- commodity

Item depository contracts,

credit inter- other

mediation financial

investments,

and related

activities

(69) (70)

Number of returns 23,720 22,976

Number of shareholders 40,820 41,607

Income and deductions from a trade

or business:

Total receipts (1) 13,388,450 22,859,884

Business receipts 11,818,069 20,328,533

Interest on Government obligations:

State and local (1) 21,882 284,162

Net gain, noncapital assets 45,348 80,391

Other receipts 1,503,151 2,166,798

Total deductions 12,262,258 21,740,033

Cost of goods sold 2,285,286 1,379,341

Compensation of officers 744,320 4,713,874

Salaries and wages 3,273,120 6,005,584

Repairs 72,946 77,180

Bad debts 444,985 62,804

Rent paid on business property 461,019 595,315

Taxes paid 331,909 652,293

Interest paid 1,226,230 2,051,994

Amortization 76,063 29,905

Depreciation 146,420 284,290

Depletion — 2

Advertising 255,186 164,558

Pension, profit-sharing, stock

bonus, and annuity plans 37,222 292,748

Employee benefit programs 88,614 157,498

Net loss, noncapital assets 10,189 561,291

Other deductions 2,808,750 4,711,357

Total receipts less total

deductions (1) 1,126,193 1,119,850

Net Income (less deficit)

from a trade or business (1) 1,104,311 835,689

Net income 1,788,677 3,853,230

Deficit 684,366 3,017,541

Portfolio Income (less deficit)

distributed to shareholders 478,363 3,608,317

Dividend income 7,690 126,530

Interest income 245,015 540,643

Royalty income 39 814

Net short-term capital gain

(less loss) 55,392 1,022,432

Net long-term capital gain

(less loss) 168,801 1,875,640

Other portfolio income (net) * 1,425 42,257

Real estate rental net income

(less deficit) 14,702 346

Net income 19,302 28,105

Deficit 4,600 27,760

Net income (less deficit)

from other rental activity -584 10,947

Net income 825 15,026

Deficit * 1,409 4,079

Total net Income (less deficit) 1,596,791 4,455,299

Net income 2,110,441 6,281,778

Deficit 513,650 1,826,479

Finance, insurance, real

estate, and rental and

leasing

Finance and insurance

Insurance Other

Item carriers and financial

related vehicles and

activities other

investment

companies

(71) (72)

Number of returns 49,897 6,116

Number of shareholders 77,905 12,062

Income and deductions from a trade

or business:

Total receipts (1) 24,768,828 562,638

Business receipts 24,379,380 501,671

Interest on Government obligations:

State and local (1) 9,515 5,094

Net gain, noncapital assets 16,749 * 1,683

Other receipts 363,184 54,191

Total deductions 22,514,783 603,712

Cost of goods sold 4,657,271 * 129,675

Compensation of officers 3,138,995 46,758

Salaries and wages 7,219,271 121,471

Repairs 135,543 3,734

Bad debts 53,450 35,978

Rent paid on business property 904,890 16,358

Taxes paid 673,622 20,496

Interest paid 213,693 53,380

Amortization 82,343 590

Depreciation 260,703 22,716

Depletion * 63 —

Advertising 362,274 5,696

Pension, profit-sharing, stock

bonus, and annuity plans 244,241 * 1,413

Employee benefit programs 345,807 3,424

Net loss, noncapital assets * 789 1,270

Other deductions 4,221,828 140,755

Total receipts less total

deductions (1) 2,254,045 -41,074

Net Income (less deficit)

from a trade or business (1) 2,244,530 -46,168

Net income 2,671,113 172,229

Deficit 426,583 218,396

Portfolio Income (less deficit)

distributed to shareholders 316,544 485,035

Dividend income 26,376 19,366

Interest income 194,477 94,093

Royalty income — 19

Net short-term capital gain

(less loss) 854 163,176

Net long-term capital gain

(less loss) 89,435 207,473

Other portfolio income (net) * 5,402 908

Real estate rental net income

(less deficit) 14,915 2,482

Net income 15,375 7,910

Deficit * 461 5,427

Net income (less deficit)

from other rental activity * 39 * -6,237

Net income * 785 * 23

Deficit * 746 * 6,260

Total net Income (less deficit) 2,576,027 435,113

Net income 2,947,739 603,447

Deficit 371,711 168,335

Finance, insurance, real

estate, rental and leasing

Real estate and rental

and leasing

Real

Item Total estate

(73) (74)

Number of returns 307,185 278,203

Number of shareholders 710,410 648,869

Income and deductions from a trade

or business:

Total receipts (1) 61,650,270 44,333,906

Business receipts 58,507,028 42,310,905

Interest on Government obligations:

State and local (1) 46,413 39,383

Net gain, noncapital assets 836,175 278,927

Other receipts 2,260,654 1,704,691

Total deductions 57,928,066 41,238,896

Cost of goods sold 14,862,603 9,168,874

Compensation of officers 4,256,412 3,672,025

Salaries and wages 14,993,563 12,863,577

Repairs 847,698 476,784

Bad debts 308,153 243,341

Rent paid on business property 3,012,308 1,889,408

Taxes paid 1,911,217 1,372,168

Interest paid 1,874,672 1,200,504

Amortization 91,144 58,773

Depreciation 3,782,081 817,869

Depletion 90 63

Advertising 1,089,791 836,584

Pension, profit-sharing, stock

bonus, and annuity plans 336,639 286,282

Employee benefit programs 513,676 376,493

Net loss, noncapital assets 90,965 41,863

Other deductions 9,957,054 7,934,290

Total receipts less total

deductions (1) 3,722,204 3,095,010

Net Income (less deficit)

from a trade or business (1) 3,675,791 3,055,627

Net income 6,937,985 5,582,246

Deficit 3,262,195 2,526,619

Portfolio Income (less deficit)

distributed to shareholders 3,647,600 3,293,869

Dividend income 184,229 178,306

Interest income 1,592,536 1,468,287

Royalty income 83,078 3,406

Net short-term capital gain

(less loss) 157,106 135,717

Net long-term capital gain

(less loss) 1,622,510 1,499,715

Other portfolio income (net) 8,141 8,439

Real estate rental net income

(less deficit) 4,100,083 4,066,463

Net income 5,613,170 5,571,405

Deficit 1,513,067 1,504,942

Net income (less deficit)

from other rental activity 291,298 33,192

Net income 525,111 61,214

Deficit 233,812 28,022

Total net Income (less deficit) 11,714,771 10,449,151

Net income 15,694,767 13,575,858

Deficit 3,979,995 3,126,706

Finance, insurance, real

estate, rental and leasing

Real estate and rental

and leasing

Lessors of

Item Rental nonfinancial

and leasing intangible

services assets

(75) (76)

Number of returns 28,412 571

Number of shareholders 60,725 815

Income and deductions from a trade

or business:

Total receipts (1) 17,161,471 154,893

Business receipts 16,072,531 * 123,593

Interest on Government obligations:

State and local (1) 7,030 —

Net gain, noncapital assets 557,243 4

Other receipts 524,667 * 31,296

Total deductions 16,575,551 113,619

Cost of goods sold 5,685,641 8,088

Compensation of officers 561,206 23,180

Salaries and wages 2,109,840 20,147

Repairs 369,285 1,629

Bad debts 63,995 817

Rent paid on business property 1,117,989 4,911

Taxes paid 536,037 3,012

Interest paid 670,006 4,162

Amortization 28,581 3,790

Depreciation 2,961,482 2,730

Depletion 28 —

Advertising 245,808 7,399

Pension, profit-sharing, stock

bonus, and annuity plans 49,284 1,092

Employee benefit programs 136,408 775

Net loss, noncapital assets 48,662 440

Other deductions 1,991,318 31,446

Total receipts less total

deductions (1) 585,920 41,274

Net Income (less deficit)

from a trade or business (1) 578,890 41,273

Net income 1,314,465 41,273

Deficit 735,575 —

Portfolio Income (less deficit)

distributed to shareholders 285,216 68,515

Dividend income 5,909 13

Interest income 115,830 8,420

Royalty income * 19,594 * 60,079

Net short-term capital gain

(less loss) 21,390 -1

Net long-term capital gain

(less loss) 122,791 4

Other portfolio income (net) * -298 —

Real estate rental net income

(less deficit) 33,213 407

Net income 41,358 407

Deficit 8,145 —

Net income (less deficit)

from other rental activity 261,277 * -3,171

Net income 463,877 20

Deficit 202,600 * 3,191

Total net Income (less deficit) 1,158,596 107,024

Net income 2,008,694 110,215

Deficit 850,098 * 3,191

Professional and business

services

Professional,

Item Total scientific,

and technical

services

(77) (78)

Number of returns 551,096 397,693

Number of shareholders 920,385 638,538

Income and deductions from a trade

or business:

Total receipts (1) 316,875,762 209,275,206

Business receipts 306,013,938 205,339,810

Interest on Government obligations:

State and local (1) 363,422 74,945

Net gain, noncapital assets 552,865 207,791

Other receipts 9,945,535 3,652,660

Total deductions 292,497,468 191,420,925

Cost of goods sold 107,626,272 63,564,631

Compensation of officers 28,977,240 23,713,457

Salaries and wages 60,765,948 39,160,071

Repairs 1,764,948 1,012,415

Bad debts 756,115 365,554

Rent paid on business property 8,968,979 6,510,626

Taxes paid 9,829,585 5,998,948

Interest paid 5,258,492 1,363,510

Amortization 520,652 311,521

Depreciation 4,314,923 2,426,443

Depletion 292 22

Advertising 2,956,717 1,920,051

Pension, profit-sharing, stock

bonus, and annuity plans 2,400,245 2,072,804

Employee benefit programs 3,439,856 2,168,766

Net loss, noncapital assets 107,726 55,514

Other deductions 54,809,479 40,776,593

Total receipts less total

deductions (1) 24,378,294 17,854,281

Net Income (less deficit)

from a trade or business (1) 24,014,872 17,779,336

Net income 31,079,479 22,310,980

Deficit 7,064,608 4,531,845

Portfolio Income (less deficit)

distributed to shareholders 14,858,668 4,217,325

Dividend income 527,821 154,313

Interest income 1,680,879 724,461

Royalty income 41,312 31,905

Net short-term capital gain

(less loss) 464,412 223,800

Net long-term capital gain

(less loss) 12,131,163 3,084,785

Other portfolio income (net) 33,081 -1,939

Real estate rental net income

(less deficit) 109,494 106,764

Net income 202,185 136,300

Deficit 92,691 29,536

Net income (less deficit)

from other rental activity 45,341 46,105

Net income 115,094 56,605

Deficit 69,753 * 10,500

Total net Income (less deficit) 39,028,375 22,149,530

Net income 47,051,219 26,118,708

Deficit 8,022,844 3,969,179

Professional and business

services

Administrative

and support and

waste management

and remediation

Management services

Item of

companies Total

(79) (80)

Number of returns 19,720 133,684

Number of shareholders 65,056 216,790

Income and deductions from a trade

or business:

Total receipts (1) 9,344,687 98,255,869

Business receipts 3,691,329 96,982,799

Interest on Government obligations:

State and local (1) 275,842 12,635

Net gain, noncapital assets 39,184 305,890

Other receipts 5,338,331 954,544

Total deductions 7,246,211 93,830,331

Cost of goods sold 155,698 43,905,944

Compensation of officers 593,873 4,669,910

Salaries and wages 936,155 20,669,723

Repairs 91,797 660,736

Bad debts 199,668 190,892

Rent paid on business property 74,151 2,364,203

Taxes paid 235,969 3,594,668

Interest paid 3,162,931 732,051

Amortization 63,544 145,587

Depreciation 217,773 1,670,707

Depletion 1 269

Advertising 67,864 968,803

Pension, profit-sharing, stock

bonus, and annuity plans 63,359 264,082

Employee benefit programs 132,302 1,138,788

Net loss, noncapital assets 47,818 4,393

Other deductions 1,203,310 12,829,576

Total receipts less total

deductions (1) 2,098,475 4,425,538

Net Income (less deficit)

from a trade or business (1) 1,822,633 4,412,903

Net income 2,768,333 5,960,166

Deficit 965,700 1,567,263

Portfolio Income (less deficit)

distributed to shareholders 9,013,900 1,627,443

Dividend income 352,450 21,058

Interest income 689,359 247,060

Royalty income 8,136 1,270

Net short-term capital gain

(less loss) 238,188 2,424

Net long-term capital gain

(less loss) 7,691,100 1,355,278

Other portfolio income (net) 34,667 354

Real estate rental net income

(less deficit) 3,779 -1,049

Net income 53,783 12,102

Deficit 50,004 13,151

Net income (less deficit)

from other rental activity -46,369 45,605

Net income 11,289 47,200

Deficit 57,657 1,595

Total net Income (less deficit) 10,793,943 6,084,902

Net income 13,431,881 7,500,630

Deficit 2,637,937 1,415,728

Professional and business

services

Administrative and support

and waste management and

remediation services

Waste

Item Administrative management

and support and

services remediation

services

(81) (82)

Number of returns 125,706 7,978

Number of shareholders 197,045 19,745

Income and deductions from a trade

or business:

Total receipts (1) 90,470,509 7,785,360

Business receipts 89,408,113 7,574,686

Interest on Government obligations:

State and local (1) 8,302 4,334

Net gain, noncapital assets 203,334 102,557

Other receipts 850,760 103,784

Total deductions 86,539,398 7,290,933

Cost of goods sold 40,778,697 3,127,247

Compensation of officers 4,373,767 296,143

Salaries and wages 19,798,443 871,280

Repairs 518,558 142,178

Bad debts 161,859 29,033

Rent paid on business property 2,104,097 280,106

Taxes paid 3,313,369 281,300

Interest paid 579,404 152,647

Amortization 110,599 34,989

Depreciation 1,217,898 452,809

Depletion 131 138

Advertising 923,109 45,694

Pension, profit-sharing, stock

bonus, and annuity plans 234,071 30,010

Employee benefit programs 1,009,962 128,826

Net loss, noncapital assets 3,747 646

Other deductions 11,411,687 1,417,889

Total receipts less total

deductions (1) 3,931,111 494,427

Net Income (less deficit)

from a trade or business (1) 3,922,810 490,093

Net income 5,234,442 745,723

Deficit 1,311,633 255,630

Portfolio income (less deficit)

distributed to shareholders 860,466 766,978

Dividend income 19,428 1,630

Interest income 204,201 42,858

Royalty income 1,007 263

Net short-term capital gain

(less loss) 7,055 -4,631

Net long-term capital gain

(less loss) 628,421 726,857

Other portfolio income (net) 354 —

Real estate rental net income

(less deficit) -1,142 93

Net income 9,894 2,206

Deficit 11,036 * 2,115

Net income (less deficit)

from other rental activity 44,625 980

Net income 45,776 1,424

Deficit 1,151 444

Total net income (less deficit) 4,826,758 1,258,144

Net income 6,041,466 1,459,164

Deficit 1,214,708 201,020

Education, health,

and social assistance

Total Educational

Item services

(83) (84)

Number of returns 158,456 20,843

Number of shareholders 243,779 30,049

Income and deductions from a trade

or business:

Total receipts (1) 96,103,451 9,009,067

Business receipts 94,139,176 8,917,614

Interest on Government obligations:

State and local (1) 10,757 6,714

Net gain, noncapital assets 145,068 14,362

Other receipts 1,808,450 70,378

Total deductions 88,760,797 8,463,976

Cost of goods sold 10,124,712 1,799,981

Compensation of officers 13,670,064 647,293

Salaries and wages 26,683,906 2,317,966

Repairs 814,009 92,660

Bad debts 503,391 23,987

Rent paid on business property 5,174,699 562,564

Taxes paid 3,867,751 334,479

Interest paid 1,145,521 56,617

Amortization 160,930 12,737

Depreciation 1,473,114 157,068

Depletion — —

Advertising 1,182,983 438,070

Pension, profit-sharing, stock

bonus, and annuity plans 1,376,000 35,830

Employee benefit programs 1,305,735 149,690

Net loss, noncapital assets 14,699 * 4,104

Other deductions 21,263,283 1,830,929

Total receipts less total

deductions (1) 7,342,654 545,092

Net Income (less deficit)

from a trade or business (1) 7,331,897 538,378

Net income 9,149,605 674,706

Deficit 1,817,708 136,328

Portfolio Income (less deficit)

distributed to shareholders 878,045 111,921

Dividend income 27,991 4,546

Interest income 261,320 41,740

Royalty income 23 23

Net short-term capital gain

(less loss) 248,679 200

Net long-term capital gain

(less loss) 343,547 65,412

Other portfolio income (net) * -3,516 —

Real estate rental net income

(less deficit) 30,471 -5,165

Net income 43,866 1,184

Deficit 13,395 * 6,350

Net income (less deficit)

from other rental activity 5,509 312

Net income 5,841 312

Deficit * 332 —

Total net Income (less deficit) 8,245,921 645,446

Net income 9,967,556 756,223

Deficit 1,721,635 110,777

Education, health,

and social assistance

Health care and social

assistance

Offices of

Item Total physicians

and dentists

(85) (86)

Number of returns 137,613 100,970

Number of shareholders 213,730 138,360

Income and deductions from a trade

or business:

Total receipts (1) 87,094,384 54,871,655

Business receipts 85,221,562 53,593,024

Interest on Government obligations:

State and local (1) 4,044 2,065

Net gain, noncapital assets 130,706 68,579

Other receipts 1,738,072 1,207,988

Total deductions 80,296,821 49,309,655

Cost of goods sold 8,324,731 3,959,496

Compensation of officers 13,022,771 11,799,521

Salaries and wages 24,365,940 12,420,220

Repairs 721,349 375,884

Bad debts 479,403 149,414

Rent paid on business property 4,612,135 2,695,534

Taxes paid 3,533,272 1,850,565

Interest paid 1,088,904 393,200

Amortization 148,193 89,801

Depreciation 1,316,046 661,608

Depletion — —

Advertising 744,912 564,414

Pension, profit-sharing, stock

bonus, and annuity plans 1,340,170 1,189,393

Employee benefit programs 1,156,046 543,482

Net loss, noncapital assets 10,595 8,295

Other deductions 19,432,354 12,608,827

Total receipts less total

deductions (1) 6,797,562 5,562,000

Net Income (less deficit)

from a trade or business (1) 6,793,519 5,559,935

Net income 8,474,899 6,333,421

Deficit 1,681,380 773,486

Portfolio Income (less deficit)

distributed to shareholders 766,123 256,994

Dividend income 23,445 17,049

Interest income 219,580 115,542

Royalty income — —

Net short-term capital gain

(less loss) 248,480 15,162

Net long-term capital gain

(less loss) 278,135 112,992

Other portfolio income (net) * -3,516 * -3,750

Real estate rental net income

(less deficit) 35,636 14,495

Net income 42,681 17,623

Deficit 7,045 * 3,128

Net income (less deficit)

from other rental activity 5,197 * 2,317

Net income 5,529 * 2,335

Deficit * 332 * 18

Total net Income (less deficit) 7,600,475 5,833,741

Net income 9,211,333 6,557,927

Deficit 1,610,858 724,185

Education, health, and

social assistance

Health care and social

assistance

Hospitals,

Item Miscellaneous nursing, and

health care residential

and social care

assistance facilities

(87) (88)

Number of returns 26,128 10,515

Number of shareholders 51,353 24,016

Income and deductions from a trade

or business:

Total receipts (1) 13,896,205 18,326,524

Business receipts 13,714,489 17,914,049

Interest on Government obligations:

State and local (1) * 906 1,073

Net gain, noncapital assets 20,381 41,747

Other receipts 160,429 369,655

Total deductions 13,152,138 17,835,028

Cost of goods sold 2,484,596 1,880,639

Compensation of officers 936,182 287,067

Salaries and wages 4,590,905 7,354,815

Repairs 164,331 181,133

Bad debts 105,909 224,080

Rent paid on business property 731,928 1,184,673

Taxes paid 652,006 1,030,701

Interest paid 168,394 527,310

Amortization 25,974 32,417

Depreciation 293,885 360,552

Depletion — —

Advertising 96,871 83,628

Pension, profit-sharing, stock

bonus, and annuity plans 101,928 48,849

Employee benefit programs 183,234 429,330

Net loss, noncapital assets * 294 * 2,006

Other deductions 2,615,700 4,207,826

Total receipts less total

deductions (1) 744,067 491,496

Net Income (less deficit)

from a trade or business (1) 743,161 490,423

Net income 1,109,859 1,031,618

Deficit 366,699 541,195

Portfolio Income (less deficit)

distributed to shareholders 137,206 371,924

Dividend income 2,830 3,567

Interest income 28,361 75,677

Royalty income — —

Net short-term capital gain

(less loss) * 6,100 227,218

Net long-term capital gain

(less loss) * 99,681 65,461

Other portfolio income (net) 234 —

Real estate rental net income

(less deficit) * -550 21,691

Net income 109 24,950

Deficit * 659 3,258

Net income (less deficit)

from other rental activity * 1,368 * 1,511

Net income * 1,368 * 1,826

Deficit — * 314

Total net Income (less deficit) 881,185 885,549

Net income 1,234,982 1,418,424

Deficit 353,797 532,875

Leisure, accomodation,

and food services

Arts,

entertain-

ment, and

recreation

Item

Total Total

(89) (90)

Number of returns 215,881 58,346

Number of shareholders 445,680 117,383

Income and deductions from a trade

or business:

Total receipts (1) 144,437,679 33,056,004

Business receipts 141,841,156 31,924,402

Interest on Government obligations:

State and local (1) 36,960 15,917

Net gain, noncapital assets 281,067 152,168

Other receipts 2,278,496 963,517

Total deductions 140,382,790 31,862,001

Cost of goods sold 48,766,748 6,061,813

Compensation of officers 7,446,139 4,207,680

Salaries and wages 26,801,931 6,800,002

Repairs 2,911,473 708,815

Bad debts 149,969 35,206

Rent paid on business property 9,313,459 2,042,575

Taxes paid 6,280,993 1,464,561

Interest paid 3,265,861 708,602

Amortization 625,810 223,819

Depreciation 4,849,999 1,369,801

Depletion * 63 * 63

Advertising 3,775,476 598,494

Pension, profit-sharing, stock

bonus, and annuity plans 273,248 147,971

Employee benefit programs 932,955 222,510

Net loss, noncapital assets 82,321 24,244

Other deductions 24,906,345 7,245,843

Total receipts less total

deductions (1) 4,054,889 1,194,002

Net Income (less deficit)

from a trade or business (1) 4,017,929 1,178,085

Net income 9,129,279 3,156,523

Deficit 5,111,350 1,978,437

Portfolio Income (less deficit)

distributed to shareholders 2,476,623 1,565,451

Dividend income 52,343 28,086

Interest income 531,048 190,854

Royalty income 134,370 130,356

Net short-term capital gain

(less loss) 68,811 9,431

Net long-term capital gain

(less loss) 1,671,618 1,190,313

Other portfolio income (net) 18,434 16,411

Real estate rental net income

(less deficit) 116,701 54,485

Net income 184,220 64,354

Deficit 67,519 9,869

Net income (less deficit)

from other rental activity 34,306 8,793

Net income 38,320 12,312

Deficit * 4,014 3,519

Total net Income (less deficit) 6,645,558 2,806,814

Net income 11,486,722 4,614,766

Deficit 4,841,163 1,807,951

Leisure, accomodation,

and food services

Arts, entertainment, and

recreation

Item Other arts, Amusement,

entertainment, gambling, and

and recreation

recreation industries

(91) (92)

Number of returns 26,925 31,421

Number of shareholders 41,397 75,986

Income and deductions from a trade

or business:

Total receipts (1) 15,098,974 17,957,030

Business receipts 14,421,522 17,502,880

Interest on Government obligations:

State and local (1) 12,856 3,061

Net gain, noncapital assets 105,557 46,611

Other receipts 559,039 404,478

Total deductions 14,714,017 17,147,984

Cost of goods sold 2,137,232 3,924,582

Compensation of officers 3,588,559 619,122

Salaries and wages 3,414,549 3,385,452

Repairs 91,052 617,763

Bad debts 13,219 21,988

Rent paid on business property 433,002 1,609,574

Taxes paid 377,811 1,086,750

Interest paid 191,817 516,785

Amortization 147,181 76,638

Depreciation 313,255 1,056,547

Depletion * 63 —

Advertising 168,070 430,424

Pension, profit-sharing, stock

bonus, and annuity plans 106,958 41,013

Employee benefit programs 68,768 153,743

Net loss, noncapital assets 1,671 22,573

Other deductions 3,660,813 3,585,031

Total receipts less total

deductions (1) 384,956 809,046

Net Income (less deficit)

from a trade or business (1) 372,101 805,985

Net income 1,383,690 1,772,833

Deficit 1,011,590 966,848

Portfolio Income (less deficit)

distributed to shareholders 876,032 689,419

Dividend income 21,724 6,362

Interest income 95,610 95,244

Royalty income 70,589 * 59,767

Net short-term capital gain

(less loss) 1,476 7,955

Net long-term capital gain

(less loss) 670,221 520,092

Other portfolio income (net) 16,411 —

Real estate rental net income

(less deficit) 11,063 43,422

Net income 14,551 49,803

Deficit * 3,488 6,381

Net income (less deficit)

from other rental activity -2,772 11,565

Net income 708 11,604

Deficit 3,479 39

Total net Income (less deficit) 1,256,423 1,550,392

Net income 2,195,061 2,419,705

Deficit 938,638 869,313

Leisure,

accomodation, and

food services

Accommodation

Item and food

services

Total

(93)

Number of returns 157,536

Number of shareholders 328,297

Income and deductions from a trade

or business:

Total receipts (1) 111,381,675

Business receipts 109,916,755

Interest on Government obligations:

State and local (1) 21,043

Net gain, noncapital assets 128,899

Other receipts 1,314,979

Total deductions 108,520,789

Cost of goods sold 42,704,934

Compensation of officers 3,238,459

Salaries and wages 20,001,930

Repairs 2,202,658

Bad debts 114,762

Rent paid on business property 7,270,884

Taxes paid 4,816,433

Interest paid 2,557,259

Amortization 401,991

Depreciation 3,480,197

Depletion —

Advertising 3,176,982

Pension, profit-sharing, stock

bonus, and annuity plans 125,276

Employee benefit programs 710,445

Net loss, noncapital assets 58,077

Other deductions 17,660,502

Total receipts less total

deductions (1) 2,860,886

Net Income (less deficit)

from a trade or business (1) 2,839,543

Net income 5,972,756

Deficit 3,132,913

Portfolio Income (less deficit)

distributed to shareholders 911,172

Dividend income 24,257

Interest income 340,194

Royalty income 4,013

Net short-term capital gain

(less loss) 59,380

Net long-term capital gain

(less loss) 481,305

Other portfolio income (net) * 2,023

Real estate rental net income

(less deficit) 62,216

Net income 119,866

Deficit 57,650

Net income (less deficit)

from other rental activity 25,513

Net income 26,008

Deficit * 495

Total net Income (less deficit) 3,838,744

Net income 6,871,956

Deficit 3,033,212

Leisure, accomodation,

and food services

Accommodation and food

services

Item Food

Accom- services

modation and drinking

places

(94) (95)

Number of returns 22,502 135,033

Number of shareholders 58,253 270,044

Income and deductions from a trade

or business:

Total receipts (1) 17,871,128 93,510,548

Business receipts 17,531,654 92,385,100

Interest on Government obligations:

State and local (1) 3,325 17,718

Net gain, noncapital assets 36,959 91,940

Other receipts 299,189 1,015,789

Total deductions 17,453,232 91,067,557

Cost of goods sold 3,808,838 38,896,097

Compensation of officers 427,630 2,810,829

Salaries and wages 3,370,410 16,631,519

Repairs 584,702 1,617,956

Bad debts 18,475 96,288

Rent paid on business property 883,162 6,387,722

Taxes paid 1,104,636 3,711,797

Interest paid 1,293,662 1,263,598

Amortization 69,611 332,379

Depreciation 1,218,481 2,261,716

Depletion — —

Advertising 443,930 2,733,052

Pension, profit-sharing, stock

bonus, and annuity plans 24,574 100,703

Employee benefit programs 158,607 551,838

Net loss, noncapital assets 16,628 41,448

Other deductions 4,029,886 13,630,616

Total receipts less total

deductions (1) 417,896 2,442,991

Net Income (less deficit)

from a trade or business (1) 414,571 2,425,273

Net income 1,335,937 4,636,819

Deficit 921,366 2,211,546

Portfolio Income (less deficit)

distributed to shareholders 419,885 491,287

Dividend income 12,451 11,806

Interest income 179,667 160,527

Royalty income — 4,013

Net short-term capital gain

(less loss) 46,030 13,350

Net long-term capital gain

(less loss) 179,715 301,590

Other portfolio income (net) * 2,022 1

Real estate rental net income

(less deficit) 3,250 58,966

Net income 48,099 71,767

Deficit 44,849 12,801

Net income (less deficit)

from other rental activity 6,392 19,121

Net income 6,843 19,165

Deficit * 451 44

Total net Income (less deficit) 844,098 2,994,646

Net income 1,768,679 5,103,277

Deficit 924,581 2,108,632

Other services

Item Total Repair

and

maintenance

(96) (97)

Number of returns 164,805 85,308

Number of shareholders 257,316 128,216

Income and deductions from a trade

or business:

Total receipts (1) 64,880,028 38,560,932

Business receipts 64,365,591 38,308,608

Interest on Government obligations:

State and local (1) 9,244 * 392

Net gain, noncapital assets 135,914 91,692

Other receipts 369,279 160,241

Total deductions 61,787,464 36,886,293

Cost of goods sold 25,776,461 18,342,150

Compensation of officers 4,310,681 2,478,971

Salaries and wages 10,280,212 5,300,764

Repairs 741,004 374,140

Bad debts 196,647 56,681

Rent paid on business property 3,885,042 1,812,037

Taxes paid 2,298,664 1,315,802

Interest paid 854,248 499,235

Amortization 196,201 85,622

Depreciation 1,593,884 789,896

Depletion * 5 —

Advertising 1,152,492 568,355

Pension, profit-sharing, stock

bonus, and annuity plans 199,046 81,401

Employee benefit programs 570,954 365,304

Net loss, noncapital assets 5,388 5,204

Other deductions 9,726,537 4,810,732

Total receipts less total

deductions (1) 3,092,564 1,674,639

Net Income (less deficit)

from a trade or business (1) 3,083,320 1,674,247

Net income 4,313,576 2,276,784

Deficit 1,230,256 602,537

Portfolio Income (less deficit)

distributed to shareholders 446,666 144,557

Dividend income 12,407 5,988

Interest income 123,923 46,262

Royalty income 1,517 170

Net short-term capital gain

(less loss) 19,114 5,713

Net long-term capital gain

(less loss) 289,685 86,425

Other portfolio income (net) 19 —

Real estate rental net income

(less deficit) 49,682 34,666

Net income 53,379 35,325

Deficit * 3,697 * 660

Net income (less deficit)

from other rental activity 14,359 9,498

Net income 19,857 14,969

Deficit * 5,498 * 5,470

Total net Income (less deficit) 3,594,026 1,862,968

Net income 4,751,474 2,434,026

Deficit 1,157,448 571,058

Other services

Religious,

grantmaking,

Item Personal civic,

and laundry professional,

services and similar

organizations

(98) (99)

Number of returns 79,032 * 465

Number of shareholders 128,607 * 494

Income and deductions from a trade

or business:

Total receipts (1) 26,241,754 77,342

Business receipts 25,977,336 79,648

Interest on Government obligations:

State and local (1) 8,852 —

Net gain, noncapital assets 44,216 6

Other receipts 211,350 -2,311

Total deductions 24,821,006 * 80,164

Cost of goods sold 7,364,251 70,060

Compensation of officers 1,828,982 2,728

Salaries and wages 4,978,634 814

Repairs 366,857 8

Bad debts 139,966 —

Rent paid on business property 2,071,698 1,307

Taxes paid 982,400 * 462

Interest paid 354,699 315

Amortization 110,565 * 13

Depreciation 803,690 298

Depletion * 5 —

Advertising 583,216 920

Pension, profit-sharing, stock

bonus, and annuity plans 117,646 —

Employee benefit programs 205,128 521

Net loss, noncapital assets 184 —

Other deductions 4,913,087 * 2,718

Total receipts less total

deductions (1) 1,420,748 * 2,823

Net Income (less deficit)

from a trade or business (1) 1,411,896 * -2,823

Net income 2,036,446 346

Deficit 624,551 * 3,168

Portfolio Income (less deficit)

distributed to shareholders 301,979 * 130

Dividend income 6,398 21

Interest income 77,553 * 109

Royalty income 1,348 —

Net short-term capital gain

(less loss) 13,402 —

Net long-term capital gain

(less loss) 203,260 —

Other portfolio income (net) 19 —

Real estate rental net income

(less deficit) 15,017 —

Net income 18,054 —

Deficit * 3,037 —

Net income (less deficit)

from other rental activity * 4,860 —

Net income * 4,888 —

Deficit 28 —

Total net Income (less deficit) 1,733,751 * -2,693

Net income 2,316,986 462

Deficit 583,235 * 3,154

Nature of

Item business

not

allocable

(100)

Number of returns 16,683

Number of shareholders 22,816

Income and deductions from a trade

or business:

Total receipts (1) 4,077,103

Business receipts 3,975,082

Interest on Government obligations:

State and local (1) —

Net gain, noncapital assets —

Other receipts 102,021

Total deductions 3,764,750

Cost of goods sold 1,081,275

Compensation of officers 342,336

Salaries and wages 431,682

Repairs 56,262

Bad debts * 3,721

Rent paid on business property 190,424

Taxes paid 105,522

Interest paid 187,148

Amortization * 16,098

Depreciation 49,764

Depletion —

Advertising 19,832

Pension, profit-sharing, stock

bonus, and annuity plans 42,206

Employee benefit programs 43,352

Net loss, noncapital assets —

Other deductions 1,195,127

Total receipts less total

deductions (1) 312,353

Net Income (less deficit)

from a trade or business (1) 312,353

Net income 408,150

Deficit 95,798

Portfolio Income (less deficit)

distributed to shareholders 3,554

Dividend income 16

Interest income 3,471

Royalty income —

Net short-term capital gain

(less loss) 59

Net long-term capital gain

(less loss) 8

Other portfolio income (net) —

Real estate rental net income

(less deficit) * 6,617

Net income * 8,963

Deficit * 2,346

Net income (less deficit)

from other rental activity —

Net income —

Deficit —

Total net Income (less deficit) 322,523

Net income 420,454

Deficit 97,931

* Estimate should be used with caution because of the small number of

sample returns on which it is based.

(1) 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 totals due to rounding.

Table 2.–S Corporations with Net Income: Total Receipts

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

All

Item industries Total

(1) (2)

Number of returns 1,766,274 50,602

Number of shareholders 3,296,838 135,924

Income and deductions from a trade

or business:

Total receipts (1) 2,778,923,022 48,003,910

Business receipts 2,727,312,694 44,299,609

Interest on Government obligations:

State and local (1) 1,181,691 44,677

Net gain, noncapital assets 5,233,248 430,485

Other receipts 45,195,390 3,229,138

Total deductions 2,594,871,449 43,079,369

Cost of goods sold 1,736,020,223 22,810,943

Compensation of officers 109,245,290 981,869

Salaries and wages 268,979,750 3,390,109

Repairs 15,141,483 884,435

Bad debts 4,273,866 32,991

Rent paid on business property 57,909,270 1,737,005

Taxes paid 53,253,504 964,741

Interest paid 27,387,346 911,872

Amortization 2,654,789 48,696

Depreciation 40,167,426 1,825,549

Depletion 220,922 135,290

Advertising 25,334,126 138,896

Pension, profit-sharing, stock

bonus, and annuity plans 10,411,236 118,506

Employee benefit programs 19,705,785 323,289

Net loss, noncapital assets 359,611 11,052

Other deductions 223,806,823 8,764,128

Total receipts less total

deductions (1) 184,051,573 4,924,540

Net Income (less deficit)

from a trade or business (1) 182,869,882 4,879,863

Net income 187,272,242 5,086,468

Deficit 4,402,360 206,605

Portfolio income (less deficit)

distributed to shareholders 50,062,672 1,437,047

Dividend income 1,641,829 113,846

Interest income 9,385,478 426,598

Royalty income 648,273 121,682

Net short-term capital gain

(less loss) 2,567,435 27,188

Net long-term capital gain

(less loss) 35,620,666 737,113

Other portfolio income (net) 198,991 10,620

Real estate rental net income

(less deficit) 6,659,763 212,802

Net income 6,970,376 221,511

Deficit 310,613 8,709

Net Income (less deficit)

from other rental activity 969,316 31,979

Net income 1,022,790 32,443

Deficit 53,473 * 464

Total net income 240,561,633 6,561,691

Raw materials and energy

production

Agriculture, forestry,

fishing, and hunting

Item Total Agriculture

production

(3) (4)

Number of returns 39,128 26,395

Number of shareholders 107,548 73,931

Income and deductions from a trade

or business:

Total receipts (1) 33,698,650 21,458,248

Business receipts 31,007,859 19,145,677

Interest on Government obligations:

State and local (1) 34,101 30,961

Net gain, noncapital assets 178,294 154,161

Other receipts 2,478,395 2,127,448

Total deductions 30,819,816 19,574,289

Cost of goods sold 15,600,957 8,603,572

Compensation of officers 702,688 360,997

Salaries and wages 2,752,500 1,899,255

Repairs 726,174 513,424

Bad debts 16,210 12,469

Rent paid on business property 1,457,097 1,307,218

Taxes paid 583,103 413,893

Interest paid 582,591 443,773

Amortization 23,898 18,962

Depreciation 1,139,645 773,165

Depletion 9,240 * 7,272

Advertising 123,255 65,201

Pension, profit-sharing, stock

bonus, and annuity plans 71,659 32,800

Employee benefit programs 181,305 136,421

Net loss, noncapital assets 10,622 10,340

Other deductions 6,838,873 4,975,528

Total receipts less total

deductions (1) 2,878,833 1,883,959

Net Income (less deficit)

from a trade or business (1) 2,844,732 1,852,997

Net income 2,977,336 1,970,091

Deficit 132,604 117,094

Portfolio income (less deficit)

distributed to shareholders 579,475 504,234

Dividend income 26,856 16,190

Interest income 193,749 156,024

Royalty income 34,897 33,777

Net short-term capital gain

(less loss) 9,873 10,173

Net long-term capital gain

(less loss) 304,622 278,592

Other portfolio income (net) * 9,477 * 9,478

Real estate rental net income

(less deficit) 202,445 196,819

Net income 209,230 203,101

Deficit 6,785 * 6,282

Net Income (less deficit)

from other rental activity 27,127 20,028

Net income 27,520 20,051

Deficit * 393 22

Total net income 3,653,779 2,574,079

Raw materials and energy

production

Agriculture, forestry,

fishing, and hunting

Support

Forestry activities and

Item and fishing,

logging hunting,

and trapping

(5) (6)

Number of returns 3,090 9,642

Number of shareholders 5,433 28,184

Income and deductions from a trade

or business:

Total receipts (1) 3,332,894 8,907,508

Business receipts 3,293,413 8,568,770

Interest on Government obligations:

State and local (1) * 1,756 * 1,384

Net gain, noncapital assets 2,369 21,763

Other receipts 35,357 315,590

Total deductions 3,177,081 8,068,446

Cost of goods sold 1,967,364 5,030,021

Compensation of officers 83,616 258,074

Salaries and wages 176,952 676,293

Repairs 68,929 143,821

Bad debts * 1,132 2,610

Rent paid on business property 33,082 116,797

Taxes paid 40,753 128,457

Interest paid 45,842 92,976

Amortization 379 4,556

Depreciation 126,821 239,659

Depletion 1,969 —

Advertising 2,480 55,574

Pension, profit-sharing, stock

bonus, and annuity plans 6,504 32,355

Employee benefit programs 8,118 36,766

Net loss, noncapital assets — * 282

Other deductions 613,140 1,250,206

Total receipts less total

deductions (1) 155,813 839,062

Net Income (less deficit)

from a trade or business (1) 154,057 837,678

Net income 165,466 641,779

Deficit 11,409 * 4,101

Portfolio income (less deficit)

distributed to shareholders 27,149 48,091

Dividend income * 603 10,062

Interest income 6,351 31,374

Royalty income * 1,057 64

Net short-term capital gain

(less loss) -274 * -25

Net long-term capital gain

(less loss) 19,412 6,618

Other portfolio income (net) — -1

Real estate rental net income

(less deficit) * 287 5,338

Net income * 292 * 5,837

Deficit 5 * 499

Net Income (less deficit)

from other rental activity * 969 * 6,130

Net income * 969 * 6,500

Deficit — * 370

Total net income 182,463 897,237

Raw materials and energy

production

Item Mining Utilities

(7) (8)

Number of returns 10,086 1,388

Number of shareholders 25,455 2,921

Income and deductions from a trade

or business:

Total receipts (1) 11,356,895 2,948,365

Business receipts 10,467,314 2,824,436

Interest on Government obligations:

State and local (1) 10,197 397

Net gain, noncapital assets 216,561 35,630

Other receipts 662,841 87,902

Total deductions 9,566,580 2,692,973

Cost of goods sold 5,032,329 2,177,657

Compensation of officers 263,270 15,910

Salaries and wages 542,595 95,013

Repairs 149,855 8,406

Bad debts 15,647 1,133

Rent paid on business property 238,097 41,811

Taxes paid 354,767 26,872

Interest paid 274,843 54,438

Amortization 19,909 4,890

Depreciation 616,930 68,975

Depletion 124,949 1,101

Advertising 11,296 4,345

Pension, profit-sharing, stock

bonus, and annuity plans 41,575 5,271

Employee benefit programs 133,010 8,974

Net loss, noncapital assets 431 —

Other deductions 1,747,079 178,176

Total receipts less total

deductions (1) 1,790,315 255,392

Net Income (less deficit)

from a trade or business (1) 1,780,136 254,995

Net income 1,848,839 260,293

Deficit 68,703 * 5,298

Portfolio income (less deficit)

distributed to shareholders 816,557 41,016

Dividend income 85,639 1,351

Interest income 198,515 34,334

Royalty income 86,770 14

Net short-term capital gain

(less loss) 16,394 * 920

Net long-term capital gain

(less loss) 428,095 * 4,396

Other portfolio income (net) 1,143 —

Real estate rental net income

(less deficit) 10,839 * -482

Net income 12,001 280

Deficit 1,162 * 762

Net Income (less deficit)

from other rental activity 4,408 * 443

Net income 4,480 * 443

Deficit 71 —

Total net income 2,611,941 295,972

Goods production

Construction

Total Total

(9) (10)

Number of returns 340,805 240,891

Number of shareholders 633,035 400,845

Income and deductions from a trade

or business:

Total receipts (1) 836,455,670 409,854,265

Business receipts 828,340,017 406,017,321

Interest on Government obligations:

State and local (1) 222,446 96,878

Net gain, noncapital assets 1,623,055 633,266

Other receipts 6,270,152 3,106,800

Total deductions 776,693,571 384,340,424

Cost of goods sold 586,552,035 305,161,690

Compensation of officers 26,032,523 12,489,083

Salaries and wages 49,261,596 18,554,971

Repairs 3,382,578 1,476,188

Bad debts 1,153,921 456,215

Rent paid on business property 10,869,456 5,387,093

Taxes paid 15,128,362 6,552,006

Interest paid 6,468,103 2,289,236

Amortization 506,056 120,582

Depreciation 15,452,044 5,261,453

Depletion 72,361 24,477

Advertising 5,248,756 1,116,622

Pension, profit-sharing, stock

bonus, and annuity plans 3,350,289 1,266,994

Employee benefit programs 7,897,680 3,205,764

Net loss, noncapital assets 116,128 40,589

Other deductions 45,201,685 20,937,463

Total receipts less total

deductions (1) 59,762,099 25,513,842

Net Income (less deficit)

from a trade or business (1) 59,539,653 25,416,964

Net income 60,031,010 25,593,681

Deficit 491,357 176,717

Portfolio income (less deficit)

distributed to shareholders 10,665,434 2,832,304

Dividend income 346,830 126,476

Interest income 2,402,898 1,162,769

Royalty income 85,682 4,887

Net short-term capital gain

(less loss) 152,095 91,049

Net long-term capital gain

(less loss) 7,672,897 1,444,567

Other portfolio income (net) 5,032 2,555

Real estate rental net income

(less deficit) 306,674 179,036

Net income 372,212 230,131

Deficit 65,537 51,094

Net Income (less deficit)

from other rental activity 78,884 22,895

Net income 85,447 26,374

Deficit 6,563 3,479

Total net income 70,590,646 28,451,199

Goods production

Construction

Building,

Item developing, Heavy

and general construction

contracting

(11) (12)

Number of returns 86,623 8,406

Number of shareholders 156,361 16,662

Income and deductions from a trade

or business:

Total receipts (1) 188,808,716 52,319,371

Business receipts 186,711,303 51,468,762

Interest on Government obligations:

State and local (1) 38,247 14,018

Net gain, noncapital assets 99,807 247,707

Other receipts 1,959,359 588,884

Total deductions 178,350,369 49,408,920

Cost of goods sold 155,484,822 39,289,545

Compensation of officers 3,630,419 1,086,021

Salaries and wages 5,146,348 2,025,708

Repairs 367,140 328,603

Bad debts 133,325 75,145

Rent paid on business property 1,161,219 1,267,137

Taxes paid 1,721,329 821,037

Interest paid 1,118,971 303,041

Amortization 69,449 9,497

Depreciation 984,711 1,538,029

Depletion 531 19,716

Advertising 397,737 49,174

Pension, profit-sharing, stock

bonus, and annuity plans 320,948 220,387

Employee benefit programs 703,308 343,855

Net loss, noncapital assets 11,029 2,641

Other deductions 7,099,082 2,029,384

Total receipts less total

deductions (1) 10,458,347 2,910,451

Net Income (less deficit)

from a trade or business (1) 10,420,100 2,896,433

Net income 10,515,032 2,943,769

Deficit 94,932 47,335

Portfolio income (less deficit)

distributed to shareholders 1,366,252 748,228

Dividend income 67,576 23,992

Interest income 663,934 206,740

Royalty income 611 3,412

Net short-term capital gain

(less loss) 63,684 16,083

Net long-term capital gain

(less loss) 574,490 492,069

Other portfolio income (net) -4,043 5,931

Real estate rental net income

(less deficit) 158,736 7,349

Net income 202,534 10,515

Deficit 43,798 3,166

Net Income (less deficit)

from other rental activity 12,332 8,362

Net income 14,966 8,844

Deficit 2,635 482

Total net income 11,957,419 3,660,372

Goods production

Construction Manufacturing

Special

Item trade Total

construction

(13) (14)

Number of returns 145,862 99,914

Number of shareholders 227,822 232,190

Income and deductions from a trade

or business:

Total receipts (1) 168,726,178 426,601,405

Business receipts 167,837,257 422,322,696

Interest on Government obligations:

State and local (1) 44,612 125,569

Net gain, noncapital assets 285,752 989,789

Other receipts 558,556 3,163,352

Total deductions 156,581,134 392,353,148

Cost of goods sold 110,387,322 281,390,345

Compensation of officers 7,772,643 13,543,440

Salaries and wages 11,382,915 30,706,625

Repairs 780,444 1,906,391

Bad debts 247,745 697,706

Rent paid on business property 2,958,737 5,482,363

Taxes paid 4,009,640 8,576,356

Interest paid 867,224 4,178,866

Amortization 41,636 385,474

Depreciation 2,738,713 10,190,591

Depletion 4,229 47,884

Advertising 669,710 4,132,134

Pension, profit-sharing, stock

bonus, and annuity plans 725,659 2,083,295

Employee benefit programs 2,158,600 4,691,916

Net loss, noncapital assets 26,919 75,539

Other deductions 11,808,997 24,264,223

Total receipts less total

deductions (1) 12,145,043 34,248,257

Net Income (less deficit)

from a trade or business (1) 12,100,431 34,122,689

Net income 12,134,881 34,437,329

Deficit 34,450 314,640

Portfolio income (less deficit)

distributed to shareholders 717,824 7,833,131

Dividend income 34,909 220,354

Interest income 292,094 1,240,129

Royalty income 864 80,795

Net short-term capital gain

(less loss) 11,282 61,045

Net long-term capital gain

(less loss) 378,008 6,228,330

Other portfolio income (net) 667 2,477

Real estate rental net income

(less deficit) 12,952 127,638

Net income 17,082 142,081

Deficit 4,130 14,443

Net Income (less deficit)

from other rental activity 2,201 55,989

Net income 2,563 59,073

Deficit 362 3,084

Total net income 12,833,408 42,139,446

Goods production

Manufacturing

Beverage

Food and tobacco

Item manufacturing product

manufacturing

(15) (16)

Number of returns 4,520 958

Number of shareholders 21,489 2,877

Income and deductions from a trade

or business:

Total receipts (1) 43,817,655 7,800,673

Business receipts 43,435,794 7,680,729

Interest on Government obligations:

State and local (1) 10,534 3,696

Net gain, noncapital assets 143,012 24,137

Other receipts 228,315 92,110

Total deductions 41,448,768 7,121,070

Cost of goods sold 31,927,178 4,335,792

Compensation of officers 809,518 106,632

Salaries and wages 2,557,543 747,644

Repairs 246,517 64,532

Bad debts 41,227 8,139

Rent paid on business property 380,437 84,407

Taxes paid 601,326 335,438

Interest paid 337,916 97,366

Amortization 31,804 19,438

Depreciation 825,755 266,051

Depletion — 3,007

Advertising 745,184 449,935

Pension, profit-sharing, stock

bonus, and annuity plans 173,595 24,887

Employee benefit programs 379,059 93,158

Net loss, noncapital assets 1,732 63

Other deductions 2,389,977 484,580

Total receipts less total

deductions (1) 2,368,887 679,603

Net Income (less deficit)

from a trade or business (1) 2,358,353 675,907

Net income 2,375,604 683,299

Deficit 17,251 7,392

Portfolio income (less deficit)

distributed to shareholders 2,421,889 98,320

Dividend income 15,450 9,385

Interest income 98,157 28,990

Royalty income 3,990 8

Net short-term capital gain

(less loss) 5,224 -485

Net long-term capital gain

(less loss) 2,298,887 60,398

Other portfolio income (net) 182 25

Real estate rental net income

(less deficit) 9,332 7,696

Net income 11,207 7,802

Deficit 1,875 * 106

Net Income (less deficit)

from other rental activity 1,815 * 2,217

Net income 1,820 * 2,239

Deficit 5 22

Total net income 4,791,389 784,140

Goods production

Manufacturing

Textile mills

Item and textile Apparel

product manufacturing

mills

(17) (18)

Number of returns 1,885 5,249

Number of shareholders 3,884 8,005

Income and deductions from a trade

or business:

Total receipts (1) 11,128,112 19,154,118

Business receipts 11,035,782 18,842,839

Interest on Government obligations:

State and local (1) 3,421 2,224

Net gain, noncapital assets 3,935 4,726

Other receipts 84,974 304,329

Total deductions 10,476,610 18,144,855

Cost of goods sold 8,182,053 13,076,814

Compensation of officers 371,866 644,511

Salaries and wages 629,204 1,574,618

Repairs 29,963 55,839

Bad debts 20,073 45,791

Rent paid on business property 93,971 263,348

Taxes paid 177,707 405,274

Interest paid 97,609 200,901

Amortization 5,190 6,703

Depreciation 257,459 194,095

Depletion — —

Advertising 36,329 201,971

Pension, profit-sharing, stock

bonus, and annuity plans 35,627 42,030

Employee benefit programs 101,402 134,900

Net loss, noncapital assets 38 647

Other deductions 438,119 1,297,414

Total receipts less total

deductions (1) 651,502 1,009,263

Net Income (less deficit)

from a trade or business (1) 648,081 1,007,039

Net income 650,693 1,026,682

Deficit * 2,612 19,643

Portfolio income (less deficit)

distributed to shareholders 54,163 139,454

Dividend income 4,399 7,694

Interest income 30,452 33,326

Royalty income 1,504 * 11,017

Net short-term capital gain

(less loss) 502 3,893

Net long-term capital gain

(less loss) 17,298 82,928

Other portfolio income (net) 8 596

Real estate rental net income

(less deficit) 260 9,491

Net income 2,560 9,517

Deficit * 2,300 26

Net Income (less deficit)

from other rental activity 1,014 * 1,573

Net income 1,036 * 1,573

Deficit 22 —

Total net income 703,518 1,157,557

Goods production

Manufacturing

Leather and Wood

Item allied product

product manufacturing

manufacturing

(19) (20)

Number of returns 615 4,201

Number of shareholders 1,278 10,803

Income and deductions from a trade

or business:

Total receipts (1) 2,422,529 27,382,654

Business receipts 2,414,098 27,127,512

Interest on Government obligations:

State and local (1) * 280 7,062

Net gain, noncapital assets * 129 37,673

Other receipts 8,022 210,406

Total deductions 2,194,480 25,575,379

Cost of goods sold 1,427,899 20,406,369

Compensation of officers 91,783 559,552

Salaries and wages 273,253 1,366,088

Repairs 3,465 116,823

Bad debts 2,448 23,839

Rent paid on business property 43,173 196,701

Taxes paid 39,625 453,980

Interest paid 42,219 249,600

Amortization 2,348 11,155

Depreciation 19,856 561,939

Depletion — 34,395

Advertising 51,516 149,367

Pension, profit-sharing, stock

bonus, and annuity plans 7,028 115,954

Employee benefit programs 21,030 256,580

Net loss, noncapital assets 937 782

Other deductions 167,901 1,072,257

Total receipts less total

deductions (1) 228,049 1,807,274

Net Income (less deficit)

from a trade or business (1) 227,770 1,800,212

Net income 229,553 1,811,589

Deficit 1,783 11,377

Portfolio income (less deficit)

distributed to shareholders 7,331 193,249

Dividend income * 2,124 3,155

Interest income 4,841 71,794

Royalty income — 2,321

Net short-term capital gain

(less loss) -57 3,189

Net long-term capital gain

(less loss) 423 112,485

Other portfolio income (net) — 304

Real estate rental net income

(less deficit) 40 8,226

Net income 45 10,433

Deficit 5 2,206

Net Income (less deficit)

from other rental activity — 3,681

Net income — 3,699

Deficit — 17

Total net income 235,141 2,005,368

Goods production

Manufacturing

Printing

Paper and related

Item manufacturing support

activities

(21) (22)

Number of returns 1,074 13,787

Number of shareholders 4,410 24,587

Income and deductions from a trade

or business:

Total receipts (1) 12,968,842 27,333,469

Business receipts 12,847,096 27,151,289

Interest on Government obligations:

State and local (1) 4,320 5,070

Net gain, noncapital assets 56,672 27,579

Other receipts 60,754 149,531

Total deductions 12,092,062 25,376,015

Cost of goods sold 8,950,148 15,213,133

Compensation of officers 365,803 1,501,702

Salaries and wages 929,095 2,706,420

Repairs 46,097 184,374

Bad debts 17,853 59,035

Rent paid on business property 174,142 693,717

Taxes paid 232,077 643,623

Interest paid 176,472 333,837

Amortization 15,113 56,153

Depreciation 408,129 894,905

Depletion — —

Advertising 35,613 293,387

Pension, profit-sharing, stock

bonus, and annuity plans 68,010 145,639

Employee benefit programs 117,633 282,486

Net loss, noncapital assets 1,828 4,079

Other deductions 554,049 2,363,526

Total receipts less total

deductions (1) 876,780 1,957,454

Net Income (less deficit)

from a trade or business (1) 872,459 1,952,384

Net income 905,129 1,966,611

Deficit * 32,670 14,228

Portfolio income (less deficit)

distributed to shareholders 110,576 131,883

Dividend income 33,529 3,802

Interest income 36,874 78,264

Royalty income 5,029 143

Net short-term capital gain

(less loss) 2,489 1,269

Net long-term capital gain

(less loss) 32,656 48,404

Other portfolio income (net) -2 (2)

Real estate rental net income

(less deficit) 5,111 -1,049

Net income 5,583 3,114

Deficit 472 * 4,163

Net Income (less deficit)

from other rental activity * 344 * 7,127

Net income * 344 * 7,256

Deficit — 129

Total net income 988,490 2,090,345

Goods production

Manufacturing

Petroleum

Item and coal Chemical

products manufacturing

manufacturing

(23) (24)

Number of returns 157 2,693

Number of shareholders 362 6,580

Income and deductions from a trade

or business:

Total receipts (1) 2,928,902 15,929,968

Business receipts 2,869,726 15,796,139

Interest on Government obligations:

State and local (1) * 941 6,425

Net gain, noncapital assets 9,055 15,886

Other receipts 49,181 111,518

Total deductions 2,739,544 14,629,161

Cost of goods sold 2,130,061 9,562,998

Compensation of officers 44,029 528,657

Salaries and wages 172,095 1,466,892

Repairs 33,780 84,107

Bad debts 2,081 51,574

Rent paid on business property 33,482 219,208

Taxes paid 36,979 282,281

Interest paid 28,752 167,729

Amortization 2,146 38,554

Depreciation 103,149 373,168

Depletion 1,327 75

Advertising 11,634 224,777

Pension, profit-sharing, stock

bonus, and annuity plans 9,556 82,084

Employee benefit programs 25,259 173,106

Net loss, noncapital assets 80 3,006

Other deductions 105,134 1,370,946

Total receipts less total

deductions (1) 189,358 1,300,807

Net Income (less deficit)

from a trade or business (1) 188,417 1,294,382

Net income 189,102 1,329,407

Deficit 685 35,025

Portfolio income (less deficit)

distributed to shareholders 18,614 439,583

Dividend income 359 9,016

Interest income 7,159 48,408

Royalty income — 7,073

Net short-term capital gain

(less loss) * 227 21,812

Net long-term capital gain

(less loss) 10,870 353,247

Other portfolio income (net) — 27

Real estate rental net income

(less deficit) 932 2,065

Net income 932 2,359

Deficit — * 294

Net Income (less deficit)

from other rental activity * 182 113

Net income * 182 398

Deficit — 285

Total net income 208,145 1,736,143

Goods production

Manufacturing

Plastics and Nonmetallic

Item rubber mineral

products products

manufacturing manufacturing

(25) (26)

Number of returns 4,892 3,539

Number of shareholders 13,308 7,284

Income and deductions from a trade

or business:

Total receipts (1) 28,877,881 13,779,718

Business receipts 28,575,763 13,649,226

Interest on Government obligations:

State and local (1) 10,528 3,943

Net gain, noncapital assets 104,238 41,204

Other receipts 187,463 85,344

Total deductions 26,391,161 12,479,729

Cost of goods sold 19,054,696 8,573,557

Compensation of officers 900,337 399,472

Salaries and wages 1,836,151 1,005,240

Repairs 127,778 103,712

Bad debts 54,638 26,573

Rent paid on business property 341,046 253,309

Taxes paid 596,279 334,881

Interest paid 298,858 137,426

Amortization 25,203 10,965

Depreciation 947,223 488,019

Depletion — 8,842

Advertising 174,375 117,105

Pension, profit-sharing, stock

bonus, and annuity plans 123,483 62,366

Employee benefit programs 372,294 121,063

Net loss, noncapital assets 970 638

Other deductions 1,537,830 836,562

Total receipts less total

deductions (1) 2,486,830 1,299,989

Net Income (less deficit)

from a trade or business (1) 2,476,302 1,296,046

Net income 2,504,763 1,299,570

Deficit 28,461 * 3,524

Portfolio income (less deficit)

distributed to shareholders 810,638 88,604

Dividend income 13,425 1,818

Interest income 77,002 41,895

Royalty income 3,605 607

Net short-term capital gain

(less loss) 510 3,359

Net long-term capital gain

(less loss) 715,903 40,911

Other portfolio income (net) 192 15

Real estate rental net income

(less deficit) 6,476 11,107

Net income 6,798 11,249

Deficit 322 142

Net Income (less deficit)

from other rental activity -99 203

Net income 186 203

Deficit 285 —

Total net income 3,293,316 1,395,960

Goods production

Manufacturing

Primary Fabricated

metal metal

Item manufacturing products

manufacturing

(27) (28)

Number of returns 1,330 19,581

Number of shareholders 3,348 44,672

Income and deductions from a trade

or business:

Total receipts (1) 14,811,096 66,957,531

Business receipts 14,635,938 66,315,549

Interest on Government obligations:

State and local (1) 2,606 19,371

Net gain, noncapital assets 40,026 197,453

Other receipts 132,526 425,158

Total deductions 13,840,759 60,764,749

Cost of goods sold 11,249,090 43,039,636

Compensation of officers 287,625 2,796,380

Salaries and wages 639,864 4,459,963

Repairs 77,779 268,158

Bad debts 7,546 89,003

Rent paid on business property 102,096 956,557

Taxes paid 209,726 1,520,316

Interest paid 141,790 677,218

Amortization 9,233 47,020

Depreciation 329,152 1,928,028

Depletion 26 2

Advertising 23,381 342,859

Pension, profit-sharing, stock

bonus, and annuity plans 89,518 453,481

Employee benefit programs 149,051 897,837

Net loss, noncapital assets 28,641 9,996

Other deductions 496,239 3,278,296

Total receipts less total

deductions (1) 970,337 6,192,783

Net Income (less deficit)

from a trade or business (1) 967,731 6,173,412

Net income 971,998 6,241,974

Deficit * 4,267 68,562

Portfolio income (less deficit)

distributed to shareholders 184,754 1,342,989

Dividend income 10,954 27,423

Interest income 40,224 218,757

Royalty income 4,836 6,509

Net short-term capital gain

(less loss) -158 11,605

Net long-term capital gain

(less loss) 128,998 1,078,307

Other portfolio income (net) -101 388

Real estate rental net income

(less deficit) 6,624 28,665

Net income 6,649 30,122

Deficit 25 1,456

Net Income (less deficit)

from other rental activity 2,516 9,315

Net income * 3,167 10,079

Deficit 651 764

Total net income 1,161,625 7,554,382

Goods production

Manufacturing

Computer and

Machinery electronic

Item manufacturing products

manufacturing

(29) (30)

Number of returns 7,237 1,649

Number of shareholders 18,298 4,955

Income and deductions from a trade

or business:

Total receipts (1) 24,965,742 14,960,353

Business receipts 24,653,832 14,848,354

Interest on Government obligations:

State and local (1) 10,917 9,341

Net gain, noncapital assets 123,393 7,083

Other receipts 177,600 95,576

Total deductions 22,609,005 13,180,083

Cost of goods sold 15,843,100 8,860,540

Compensation of officers 953,323 421,471

Salaries and wages 1,791,905 1,563,756

Repairs 98,231 48,108

Bad debts 44,577 34,407

Rent paid on business property 309,129 208,312

Taxes paid 584,956 316,212

Interest paid 262,824 125,547

Amortization 20,665 11,213

Depreciation 641,705 292,041

Depletion — —

Advertising 178,560 126,632

Pension, profit-sharing, stock

bonus, and annuity plans 156,804 83,118

Employee benefit programs 407,386 151,542

Net loss, noncapital assets 7,395 4,900

Other deductions 1,308,445 932,284

Total receipts less total

deductions (1) 2,356,736 1,780,270

Net Income (less deficit)

from a trade or business (1) 2,345,819 1,770,929

Net income 2,366,415 1,780,022

Deficit 20,596 * 9,093

Portfolio income (less deficit)

distributed to shareholders 365,673 311,468

Dividend income 12,866 8,574

Interest income 86,995 52,734

Royalty income 10,330 3,281

Net short-term capital gain

(less loss) 2,745 819

Net long-term capital gain

(less loss) 252,701 246,061

Other portfolio income (net) 36 —

Real estate rental net income

(less deficit) 7,649 2,125

Net income 8,005 2,251

Deficit 355 125

Net Income (less deficit)

from other rental activity 13,909 -25

Net income 14,129 623

Deficit * 220 648

Total net income 2,733,050 2,084,498

Goods production

Manufacturing

Electrical

equipment, Transportation

Item appliance, equipment

and component manufacturing

manufacturing

(31) (32)

Number of returns 3,105 3,925

Number of shareholders 7,276 7,773

Income and deductions from a trade

or business:

Total receipts (1) 19,037,394 24,671,759

Business receipts 18,901,364 24,409,577

Interest on Government obligations:

State and local (1) 4,590 11,606

Net gain, noncapital assets 3,480 58,132

Other receipts 127,959 192,444

Total deductions 17,221,151 22,604,403

Cost of goods sold 11,919,246 17,900,567

Compensation of officers 473,276 410,911

Salaries and wages 1,833,162 1,306,384

Repairs 63,867 70,688

Bad debts 26,604 19,896

Rent paid on business property 205,135 192,868

Taxes paid 349,760 479,023

Interest paid 169,490 182,068

Amortization 17,164 14,769

Depreciation 370,588 455,168

Depletion 41 —

Advertising 315,229 133,703

Pension, profit-sharing, stock

bonus, and annuity plans 95,401 100,098

Employee benefit programs 244,342 278,594

Net loss, noncapital assets 3,501 2,938

Other deductions 1,134,345 1,056,730

Total receipts less total

deductions (1) 1,816,243 2,067,357

Net Income (less deficit)

from a trade or business (1) 1,811,652 2,055,751

Net income 1,814,042 2,074,188

Deficit * 2,390 18,437

Portfolio income (less deficit)

distributed to shareholders 428,908 304,157

Dividend income 25,558 9,443

Interest income 64,162 82,494

Royalty income 4,888 10,306

Net short-term capital gain

(less loss) -529 1,663

Net long-term capital gain

(less loss) 334,827 200,200

Other portfolio income (net) 3 52

Real estate rental net income

(less deficit) 3,888 7,659

Net income 4,407 7,676

Deficit * 519 18

Net Income (less deficit)

from other rental activity 2,861 6,221

Net income 2,861 6,235

Deficit — 14

Total net income 2,247,309 2,373,788

Goods production

Manufacturing

Furniture

Item and related Miscellaneous

products manufacturing

manufacturing

(33) (34)

Number of returns 3,879 15,637

Number of shareholders 8,336 32,665

Income and deductions from a trade

or business:

Total receipts (1) 12,516,323 35,156,577

Business receipts 12,336,148 34,795,941

Interest on Government obligations:

State and local (1) 1,469 7,223

Net gain, noncapital assets 8,636 83,339

Other receipts 170,069 270,073

Total deductions 11,537,832 31,926,332

Cost of goods sold 8,442,664 21,294,802

Compensation of officers 376,362 1,500,229

Salaries and wages 909,126 2,938,222

Repairs 46,973 135,601

Bad debts 25,433 96,966

Rent paid on business property 153,629 577,696

Taxes paid 267,117 709,778

Interest paid 90,292 360,955

Amortization 5,366 35,274

Depreciation 197,052 637,111

Depletion — 170

Advertising 113,386 407,191

Pension, profit-sharing, stock

bonus, and annuity plans 42,389 172,229

Employee benefit programs 119,488 365,707

Net loss, noncapital assets 979 2,389

Other deductions 747,576 2,692,013

Total receipts less total

deductions (1) 978,491 3,230,245

Net Income (less deficit)

from a trade or business (1) 977,021 3,223,022

Net income 986,589 3,230,101

Deficit * 9,568 7,080

Portfolio income (less deficit)

distributed to shareholders 198,424 182,455

Dividend income 3,545 17,836

Interest income 29,570 108,031

Royalty income 105 5,245

Net short-term capital gain

(less loss) 2,424 546

Net long-term capital gain

(less loss) 162,041 50,786

Other portfolio income (net) 739 12

Real estate rental net income

(less deficit) 1,612 9,727

Net income 1,612 9,759

Deficit (2) 32

Net Income (less deficit)

from other rental activity 73 2,948

Net income 73 2,970

Deficit — 23

Total net income 1,177,130 3,418,152

Distribution and

transportation of goods

Wholesale and

retail trade

Item Total Total

(35) (36)

Number of returns 359,314 307,208

Number of shareholders 660,858 569,946

Income and deductions from a trade

or business:

Total receipts (1) 1,247,423,927 1,179,511,716

Business receipts 1,232,343,371 1,165,482,474

Interest on Government obligations:

State and local (1) 123,229 112,642

Net gain, noncapital assets 1,127,377 627,040

Other receipts 13,829,949 13,289,560

Total deductions 1,202,112,371 1,138,320,915

Cost of goods sold 947,530,657 921,644,446

Compensation of officers 23,586,737 21,553,527

Salaries and wages 86,714,549 77,202,326

Repairs 5,243,761 4,033,066

Bad debts 1,514,685 1,415,744

Rent paid on business property 20,814,794 16,827,071

Taxes paid 15,985,925 13,952,792

Interest paid 8,085,457 7,293,511

Amortization 630,864 594,617

Depreciation 10,916,883 8,145,340

Depletion 12,916 12,403

Advertising 10,841,549 10,667,342

Pension, profit-sharing, stock

bonus, and annuity plans 2,282,874 2,045,869

Employee benefit programs 5,236,630 4,463,403

Net loss, noncapital assets 101,307 95,536

Other deductions 62,612,782 48,373,923

Total receipts less total

deductions (1) 45,311,556 41,190,802

Net Income (less deficit)

from a trade or business (1) 45,188,327 41,078,159

Net income 45,770,814 41,560,177

Deficit 582,487 482,018

Portfolio income (less deficit)

distributed to shareholders 6,282,269 5,669,293

Dividend income 263,807 229,794

Interest income 1,933,138 1,745,427

Royalty income 175,121 175,018

Net short-term capital gain

(less loss) 102,492 79,104

Net long-term capital gain

(less loss) 3,742,408 3,377,742

Other portfolio income (net) 65,303 62,208

Real estate rental net income

(less deficit) 386,506 334,456

Net income 408,341 355,756

Deficit 21,834 21,300

Net Income (less deficit)

from other rental activity 189,221 148,457

Net income 206,005 158,962

Deficit 16,783 13,505

Total net income 52,046,324 47,227,365

Distribution and

transportation of goods

Wholesale and retail trade

Wholesale trade

Item Total Durable goods

(37) (38)

Number of returns 101,834 64,712

Number of shareholders 200,654 126,299

Income and deductions from a trade

or business:

Total receipts (1) 507,657,407 245,875,825

Business receipts 502,878,950 243,263,364

Interest on Government obligations:

State and local (1) 66,373 36,104

Net gain, noncapital assets 322,073 239,408

Other receipts 4,390,010 2,336,948

Total deductions 486,537,334 233,045,215

Cost of goods sold 395,696,534 184,257,299

Compensation of officers 10,912,742 6,480,408

Salaries and wages 31,467,586 17,389,269

Repairs 1,626,927 754,299

Bad debts 774,873 435,989

Rent paid on business property 5,421,486 2,953,782

Taxes paid 6,104,696 2,640,784

Interest paid 3,369,131 1,841,371

Amortization 281,308 90,086

Depreciation 3,643,054 2,056,098

Depletion * 5,443 * 5,114

Advertising 2,640,787 1,311,992

Pension, profit-sharing, stock

bonus, and annuity plans 1,198,499 699,104

Employee benefit programs 1,943,040 1,130,880

Net loss, noncapital assets 47,682 29,879

Other deductions 21,403,546 10,968,862

Total receipts less total

deductions (1) 21,120,073 12,830,610

Net Income (less deficit)

from a trade or business (1) 21,053,700 12,794,506

Net income 21,304,001 12,908,056

Deficit 250,301 113,550

Portfolio income (less deficit)

distributed to shareholders 2,892,783 1,466,187

Dividend income 135,051 63,044

Interest income 804,466 427,808

Royalty income 136,795 102,016

Net short-term capital gain

(less loss) 37,841 6,363

Net long-term capital gain

(less loss) 1,768,482 857,121

Other portfolio income (net) 10,147 9,834

Real estate rental net income

(less deficit) 150,480 76,185

Net income 156,836 79,448

Deficit 6,355 3,263

Net Income (less deficit)

from other rental activity 86,649 73,871

Net income 91,729 78,490

Deficit 5,080 * 4,619

Total net income 24,183,612 14,410,749

Distribution and

transportation of goods

Wholesale and retail trade

Wholesale trade

Nondurable

Item goods Total

(39) (40)

Number of returns 37,122 204,904

Number of shareholders 74,355 368,727

Income and deductions from a trade

or business:

Total receipts (1) 261,781,582 671,173,717

Business receipts 259,615,586 661,933,967

Interest on Government obligations:

State and local (1) 30,269 46,269

Net gain, noncapital assets 82,665 304,677

Other receipts 2,053,062 8,888,804

Total deductions 253,492,119 651,120,025

Cost of goods sold 211,439,235 525,427,444

Compensation of officers 4,432,334 10,633,051

Salaries and wages 14,078,317 45,690,453

Repairs 872,629 2,404,294

Bad debts 338,885 640,673

Rent paid on business property 2,467,704 11,390,705

Taxes paid 3,463,912 7,840,194

Interest paid 1,527,760 3,914,400

Amortization 191,222 312,558

Depreciation 1,586,956 4,495,682

Depletion 329 * 6,959

Advertising 1,328,795 8,021,228

Pension, profit-sharing, stock

bonus, and annuity plans 499,395 847,262

Employee benefit programs 812,160 2,518,230

Net loss, noncapital assets 17,803 47,842

Other deductions 10,434,684 26,929,050

Total receipts less total

deductions (1) 8,289,463 20,053,693

Net Income (less deficit)

from a trade or business (1) 8,259,194 20,007,424

Net income 8,395,945 20,239,139

Deficit 136,751 231,715

Portfolio income (less deficit)

distributed to shareholders 1,426,596 2,774,993

Dividend income 72,007 94,740

Interest income 376,658 939,287

Royalty income 34,779 38,223

Net short-term capital gain

(less loss) 31,478 55,609

Net long-term capital gain

(less loss) 911,361 1,595,073

Other portfolio income (net) 313 52,060

Real estate rental net income

(less deficit) 74,295 183,632

Net income 77,388 198,577

Deficit 3,092 14,945

Net Income (less deficit)

from other rental activity 12,778 58,781

Net income 13,239 67,206

Deficit 461 8,425

Total net income 9,772,863 23,024,830

Distribution and

transportation of goods

Wholesale and retail trade

Retail trade

Item Motor vehicle Furniture

and and home

parts dealers furnishings

(41) (42)

Number of returns 35,572 12,453

Number of shareholders 64,491 24,501

Income and deductions from a trade

or business:

Total receipts (1) 353,972,748 26,843,891

Business receipts 348,451,438 26,617,257

Interest on Government obligations:

State and local (1) 4,028 12,013

Net gain, noncapital assets 146,641 7,884

Other receipts 5,370,641 206,737

Total deductions 347,531,127 25,640,403

Cost of goods sold 305,120,581 16,525,654

Compensation of officers 3,433,947 761,493

Salaries and wages 16,615,025 3,111,262

Repairs 675,320 152,331

Bad debts 175,606 53,731

Rent paid on business property 2,913,530 1,048,960

Taxes paid 2,645,461 507,556

Interest paid 1,940,366 137,786

Amortization 69,855 11,406

Depreciation 1,338,667 190,618

Depletion 750 —

Advertising 3,321,580 1,011,544

Pension, profit-sharing, stock

bonus, and annuity plans 213,547 61,582

Employee benefit programs 1,134,439 134,754

Net loss, noncapital assets 24,265 665

Other deductions 7,908,189 1,931,061

Total receipts less total

deductions (1) 6,441,620 1,203,488

Net Income (less deficit)

from a trade or business (1) 6,437,592 1,191,475

Net income 6,506,424 1,204,958

Deficit 68,832 * 13,482

Portfolio income (less deficit)

distributed to shareholders 1,048,272 260,554

Dividend income 13,773 9,030

Interest income 399,240 56,852

Royalty income 231 807

Net short-term capital gain

(less loss) 9,639 605

Net long-term capital gain

(less loss) 624,300 142,811

Other portfolio income (net) * 1,088 * 50,449

Real estate rental net income

(less deficit) 46,032 9,336

Net income 47,142 9,802

Deficit 1,111 466

Net Income (less deficit)

from other rental activity 41,475 3,207

Net income 49,449 3,207

Deficit 7,974 —

Total net Income 7,573,370 1,464,572

Distribution and

transportation of goods

Wholesale and retail trade

Retail trade

Building

Item Electronics material

and and garden

appliance equipment

and supplies

(43) (44)

Number of returns 9,945 15,513

Number of shareholders 19,937 30,324

Income and deductions from a trade

or business:

Total receipts (1) 19,850,589 38,477,692

Business receipts 19,632,500 38,264,533

Interest on Government obligations:

State and local (1) 2,110 2,278

Net gain, noncapital assets 5,951 19,068

Other receipts 210,028 191,812

Total deductions 18,865,135 36,653,051

Cost of goods sold 14,143,484 27,283,887

Compensation of officers 461,947 865,678

Salaries and wages 1,889,097 3,412,876

Repairs 37,469 198,708

Bad debts 39,688 77,872

Rent paid on business property 313,826 646,450

Taxes paid 285,644 685,550

Interest paid 76,781 302,983

Amortization 5,360 15,497

Depreciation 127,471 365,433

Depletion — 2,396

Advertising 234,664 303,648

Pension, profit-sharing, stock

bonus, and annuity plans 37,412 87,982

Employee benefit programs 81,281 205,269

Net loss, noncapital assets * 2,462 3,878

Other deductions 1,128,547 2,194,944

Total receipts less total

deductions (1) 985,454 1,824,641

Net Income (less deficit)

from a trade or business (1) 983,344 1,822,362

Net income 991,543 1,825,528

Deficit 8,199 * 3,166

Portfolio income (less deficit)

distributed to shareholders 302,801 111,515

Dividend income 3,438 11,689

Interest income 27,546 72,096

Royalty income — 7

Net short-term capital gain

(less loss) 9,603 10,870

Net long-term capital gain

(less loss) 262,213 16,853

Other portfolio income (net) — —

Real estate rental net income

(less deficit) 1,733 4,653

Net income * 1,749 6,338

Deficit 16 * 1,685

Net Income (less deficit)

from other rental activity 10 1,126

Net income 10 1,556

Deficit — 430

Total net Income 1,287,888 1,939,656

Distribution and

transportation of goods

Wholesale and retail trade

Retail trade

Item Food, Health

beverage, and

and personal care

liquor stores

(45) (46)

Number of returns 27,150 15,135

Number of shareholders 53,444 24,752

Income and deductions from a trade

or business:

Total receipts (1) 71,612,315 22,414,558

Business receipts 70,573,557 22,314,393

Interest on Government obligations:

State and local (1) 8,750 2,451

Net gain, noncapital assets 71,563 * 453

Other receipts 958,444 97,261

Total deductions 69,440,599 21,223,824

Cost of goods sold 51,910,209 15,052,924

Compensation of officers 1,025,444 948,400

Salaries and wages 6,686,551 2,371,268

Repairs 545,766 65,589

Bad debts 51,381 12,628

Rent paid on business property 1,667,199 567,136

Taxes paid 1,252,203 325,892

Interest paid 389,516 98,976

Amortization 82,133 23,271

Depreciation 761,704 120,815

Depletion — —

Advertising 757,905 196,843

Pension, profit-sharing, stock

bonus, and annuity plans 122,362 59,419

Employee benefit programs 441,823 79,327

Net loss, noncapital assets 6,177 172

Other deductions 3,740,227 1,301,165

Total receipts less total

deductions (1) 2,171,716 1,190,734

Net Income (less deficit)

from a trade or business (1) 2,162,965 1,188,283

Net income 2,190,428 1,213,544

Deficit 27,463 * 25,260

Portfolio income (less deficit)

distributed to shareholders 427,434 91,281

Dividend income 21,032 5,033

Interest income 147,859 21,704

Royalty income 1,120 220

Net short-term capital gain

(less loss) 1,979 * 470

Net long-term capital gain

(less loss) 255,342 63,854

Other portfolio income (net) 103 —

Real estate rental net income

(less deficit) 52,955 6,070

Net income 53,569 * 8,138

Deficit * 614 * 2,068

Net Income (less deficit)

from other rental activity 4,277 25

Net income 4,277 25

Deficit — —

Total net Income 2,647,631 1,285,660

Distribution and

transportation of goods

Wholesale and retail trade

Retail trade

Item Clothing and

Gasoline clothing

stations accessories

stores

(47) (48)

Number of returns 11,914 15,999

Number of shareholders 23,431 26,785

Income and deductions from a trade

or business:

Total receipts (1) 46,864,698 14,800,911

Business receipts 46,423,231 14,637,998

Interest on Government obligations:

State and local (1) 8,274 1,876

Net gain, noncapital assets 20,282 725

Other receipts 412,910 160,311

Total deductions 46,009,674 13,861,700

Cost of goods sold 39,344,691 8,505,565

Compensation of officers 425,656 466,688

Salaries and wages 2,125,358 1,699,371

Repairs 249,791 64,201

Bad debts 15,111 21,074

Rent paid on business property 737,547 868,386

Taxes paid 448,239 322,060

Interest paid 246,705 105,737

Amortization 36,962 4,459

Depreciation 589,863 111,354

Depletion 100 —

Advertising 112,416 366,242

Pension, profit-sharing, stock

bonus, and annuity plans 39,804 40,228

Employee benefit programs 64,442 57,048

Net loss, noncapital assets 1,925 * 518

Other deductions 1,571,065 1,228,769

Total receipts less total

deductions (1) 855,024 939,211

Net Income (less deficit)

from a trade or business (1) 846,750 937,335

Net income 860,182 940,341

Deficit 13,432 * 3,007

Portfolio income (less deficit)

distributed to shareholders 87,930 30,287

Dividend income 4,167 3,163

Interest income 44,166 18,554

Royalty income 1,740 5,215

Net short-term capital gain

(less loss) 8,236 * 1,517

Net long-term capital gain

(less loss) 29,556 1,837

Other portfolio income (net) 65 —

Real estate rental net income

(less deficit) 24,352 229

Net income 25,349 1,546

Deficit * 996 * 1,317

Net Income (less deficit)

from other rental activity 4,121 * 36

Net income 4,121 * 36

Deficit — —

Total net Income 963,153 967,886

Distribution and

transportation of goods

Wholesale and retail trade

Retail trade

Item Sporting

goods, General

hobby, book, merchandise

and music

(49) (50)

Number of returns 11,275 3,032

Number of shareholders 17,836 5,862

Income and deductions from a trade

or business:

Total receipts (1) 10,108,413 6,002,906

Business receipts 9,942,368 5,904,620

Interest on Government obligations:

State and local (1) 221 704

Net gain, noncapital assets 1,485 * 264

Other receipts 164,338 97,318

Total deductions 9,525,750 5,649,587

Cost of goods sold 6,295,324 3,827,904

Compensation of officers 236,640 117,612

Salaries and wages 1,028,264 668,182

Repairs 52,099 28,119

Bad debts 13,817 7,811

Rent paid on business property 513,005 209,606

Taxes paid 202,720 96,230

Interest paid 77,932 55,540

Amortization 2,972 3,479

Depreciation 131,148 52,098

Depletion — —

Advertising 202,092 135,189

Pension, profit-sharing, stock

bonus, and annuity plans 13,449 12,402

Employee benefit programs 30,586 25,397

Net loss, noncapital assets 55 1,899

Other deductions 725,648 408,118

Total receipts less total

deductions (1) 582,663 353,319

Net Income (less deficit)

from a trade or business (1) 582,442 352,615

Net income 583,466 352,799

Deficit * 1,024 * 184

Portfolio income (less deficit)

distributed to shareholders 73,122 11,151

Dividend income 1,338 * 562

Interest income 12,065 8,895

Royalty income — 6

Net short-term capital gain

(less loss) * -300 * -5

Net long-term capital gain

(less loss) * 60,018 * 1,693

Other portfolio income (net) — —

Real estate rental net income * -70

(less deficit) * -48 * 2,931

Net income * 898 * 3,002

Deficit * 946

Net Income (less deficit)

from other rental activity 231 25

Net income 231 25

Deficit — —

Total net income 655,747 363,721

Distribution and

transportation of goods

Wholesale and retail trade

Retail trade

Item

Miscellaneous Nonstore

store retailers

retailers

(51) (52)

Number of returns 35,620 11,296

Number of shareholders 60,907 19,457

Income and deductions from a trade

or business:

Total receipts (1) 41,173,189 19,051,807

Business receipts 40,476,929 18,695,142

Interest on Government obligations:

State and local (1) 1,981 1,583

Net gain, noncapital assets 13,625 16,735

Other receipts 680,654 338,347

Total deductions 38,975,840 17,743,333

Cost of goods sold 26,685,644 10,731,578

Compensation of officers 1,393,169 496,378

Salaries and wages 3,947,488 2,135,711

Repairs 223,196 111,703

Bad debts 41,225 130,729

Rent paid on business property 1,575,376 329,685

Taxes paid 720,644 347,997

Interest paid 341,300 140,777

Amortization 24,841 32,321

Depreciation 405,094 301,417

Depletion * 3,713 —

Advertising 490,334 868,771

Pension, profit-sharing, stock

bonus, and annuity plans 92,505 66,569

Employee benefit programs 138,903 124,961

Net loss, noncapital assets 5,608 217

Other deductions 2,886,799 1,904,520

Total receipts less total

deductions (1) 2,197,349 1,308,474

Net Income (less deficit)

from a trade or business (1) 2,195,369 1,306,891

Net income 2,218,053 1,351,873

Deficit 22,684 44,982

Portfolio income (less deficit)

distributed to shareholders 157,659 172,988

Dividend income 16,771 4,745

Interest income 63,540 66,769

Royalty income * 25,468 3,410

Net short-term capital gain

(less loss) 7,639 5,355

Net long-term capital gain

(less loss) 43,883 92,712

Other portfolio income (net) * 359 -3

Real estate rental net income 24,122 14,270

(less deficit) 26,335 14,781

Net income * 2,214 511

Deficit

Net Income (less deficit)

from other rental activity 388 * 3,860

Net income 394 * 3,874

Deficit 6 15

Total net income 2,377,537 1,498,008

Distribution and

transportation of goods

Wholesale and Transportation

retail trade and

warehousing

Item Wholesale

and retail Total

trade not

allocable

(53) (54)

Number of returns * 470 52,106

Number of shareholders * 565 90,912

Income and deductions from a trade

or business:

Total receipts (1) * 680,592 67,912,210

Business receipts * 669,557 66,860,897

Interest on Government obligations:

State and local (1) — 10,587

Net gain, noncapital assets 289 500,337

Other receipts * 10,745 540,389

Total deductions * 663,556 63,791,456

Cost of goods sold * 520,468 25,886,210

Compensation of officers * 7,735 2,033,210

Salaries and wages * 44,287 9,512,224

Repairs * 1,844 1,210,696

Bad debts 198 98,941

Rent paid on business property * 14,880 3,987,723

Taxes paid * 7,902 2,033,133

Interest paid * 9,980 791,946

Amortization * 751 36,247

Depreciation * 6,603 2,771,543

Depletion — 514

Advertising * 5,328 174,207

Pension, profit-sharing, stock

bonus, and annuity plans 108 237,005

Employee benefit programs 2,133 773,228

Net loss, noncapital assets 12 5,771

Other deductions * 41,326 14,238,859

Total receipts less total

deductions (1) * 17,036 4,120,755

Net Income (less deficit)

from a trade or business (1) * 17,036 4,110,168

Net income * 17,037 4,210,637

Deficit 2 100,469

Portfolio income (less deficit)

distributed to shareholders 1,517 612,976

Dividend income 2 34,013

Interest income 1,674 187,711

Royalty income — 102

Net short-term capital gain

(less loss) -14,346 23,388

Net long-term capital gain

(less loss) 14,187 364,666

Other portfolio income (net) — 3,096

Real estate rental net income 344 52,050

(less deficit) 344 52,585

Net income — 535

Deficit

Net Income (less deficit)

from other rental activity 27 43,765

Net income 27 47,043

Deficit — 3,278

Total net income * 18,923 4,818,958

Distribution and

transportation of goods

Transportation and warehousing

Item Air, rail,

and water Truck

transportation Transportation

(55) (56)

Number of returns 3,184 27,241

Number of shareholders 5,231 48,740

Income and deductions from a trade

or business:

Total receipts (1) 4,791,261 34,026,075

Business receipts 4,631,278 33,590,480

Interest on Government obligations:

State and local (1) * 619 2,346

Net gain, noncapital assets 95,145 276,407

Other receipts 64,219 156,842

Total deductions 4,349,318 3,226,546

Cost of goods sold 2,075,686 10,401,336

Compensation of officers 76,672 971,322

Salaries and wages 531,084 5,341,597

Repairs 144,923 731,918

Bad debts 7,104 60,492

Rent paid on business property 309,398 2,260,873

Taxes paid 100,884 1,230,964

Interest paid 117,991 365,697

Amortization 4,597 10,668

Depreciation 308,533 1,711,211

Depletion — 514

Advertising 16,335 70,978

Pension, profit-sharing, stock

bonus, and annuity plans 18,007 119,465

Employee benefit programs 53,709 512,584

Net loss, noncapital assets 177 1,256

Other deductions 584,219 8,435,670

Total receipts less total

deductions (1) 441,943 1,799,529

Net Income (less deficit)

from a trade or business (1) 441,324 1,797,183

Net income 457,315 1,832,053

Deficit 15,991 34,870

Portfolio income (less deficit)

distributed to shareholders 120,116 162,679

Dividend income 3,969 8,933

Interest income 39,990 66,228

Royalty income 83 17

Net short-term capital gain

(less loss) * 2,699 16,725

Net long-term capital gain

(less loss) 73,277 69,040

Other portfolio income (net) 98 * 1,737

Real estate rental net income 3,784 6,719

(less deficit) 3,784 7,117

Net income — 397

Deficit

Net Income (less deficit)

from other rental activity 27,737 1,362

Net income 28,372 3,666

Deficit 634 2,304

Total net income 592,962 1,967,944

Distribution and

transportation of goods

Transportation and

warehousing

Item Transit and

ground Pipeline

passenger transpor-

transportation tation

(57) (58)

Number of returns 6,670 * 28

Number of shareholders 8,790 * 131

Income and deductions from a trade

or business:

Total receipts (1) 4,232,536 * 768,294

Business receipts 4,136,267 * 765,395

Interest on Government obligations:

State and local (1) 15 —

Net gain, noncapital assets 63,487 * 76

Other receipts 32,767 * 2,823

Total deductions 3,973,042 * 735,000

Cost of goods sold 1,181,622 * 664,703

Compensation of officers 181,062 125

Salaries and wages 809,931 208

Repairs 98,725 * 205

Bad debts 5,716 —

Rent paid on business property 260,257 * 2,060

Taxes paid 164,107 * 876

Interest paid 83,918 * 1,196

Amortization 2,140 3,379

Depreciation 244,013 * 1,007

Depletion — —

Advertising 26,844 (2)

Pension, profit-sharing, stock

bonus, and annuity plans 25,120 —

Employee benefit programs 47,071 —

Net loss, noncapital assets * 1,169 —

Other deductions 841,350 * 61,242

Total receipts less total

deductions (1) 259,495 * 33,294

Net Income (less deficit)

from a trade or business (1) 259,479 * 33,294

Net income 291,226 * 33,294

Deficit * 31,746 —

Portfolio income (less deficit)

distributed to shareholders 169,222 * 1,998

Dividend income * 7,041 —

Interest income 10,207 * 1,998

Royalty income — —

Net short-term capital gain

(less loss) * -66 —

Net long-term capital gain

(less loss) * 150,830 —

Other portfolio income (net) * 1,209 —

Real estate rental net income

(less deficit) 1,101 (2)

Net income 1,175 (2)

Deficit 74 —

Net Income (less deficit)

from other rental activity 6,129 8

Net income 6,129 8

Deficit — —

Total net income 435,930 * 35,300

Distribution and

transportation of goods

Transportation and

warehousing

Item

Other Warehousing

transportation and

and support storage

activities

(59) (60)

Number of returns 13,048 1,936

Number of shareholders 22,301 5,719

Income and deductions from a trade

or business:

Total receipts (1) 18,928,384 5,165,660

Business receipts 18,696,251 5,041,226

Interest on Government obligations:

State and local (1) 4,028 3,578

Net gain, noncapital assets 59,488 5,733

Other receipts 168,616 115,122

Total deductions 17,744,914 4,762,636

Cost of goods sold 9,811,203 1,751,661

Compensation of officers 641,765 162,263

Salaries and wages 1,881,312 948,092

Repairs 123,822 111,103

Bad debts 21,607 4,021

Rent paid on business property 541,096 614,038

Taxes paid 373,176 163,127

Interest paid 143,301 79,843

Amortization 7,582 7,882

Depreciation 357,586 149,193

Depletion — —

Advertising 46,668 13,381

Pension, profit-sharing, stock

bonus, and annuity plans 43,783 30,629

Employee benefit programs 85,694 74,170

Net loss, noncapital assets * 2,265 905

Other deductions 3,664,052 652,327

Total receipts less total

deductions (1) 1,183,470 403,024

Net Income (less deficit)

from a trade or business (1) 1,179,442 399,445

Net income 1,185,326 411,423

Deficit * 5,884 * 11,978

Portfolio income (less deficit)

distributed to shareholders 96,886 62,075

Dividend income 12,000 2,070

Interest income 27,743 41,545

Royalty income 1 2

Net short-term capital gain

(less loss) 3,261 769

Net long-term capital gain

(less loss) 53,818 17,701

Other portfolio income (net) 65 -13

Real estate rental net income

(less deficit) 1,743 38,703

Net income 1,777 38,731

Deficit * 35 29

Net Income (less deficit)

from other rental activity 4,347 * 4,181

Net income 4,678 * 4,189

Deficit 332 8

Total net income 1,282,418 504,404

Information

Item

Total Publishing

industries

(61) (62)

Number of returns 29,982 8,421

Number of shareholders 56,426 16,046

Income and deductions from a trade

or business:

Total receipts (1) 43,220,031 18,275,316

Business receipts 41,070,129 17,562,982

Interest on Government obligations:

State and local (1) 50,756 20,712

Net gain, noncapital assets 309,501 122,872

Other receipts 1,789,645 568,750

Total deductions 37,120,329 15,790,663

Cost of goods sold 13,805,038 5,979,792

Compensation of officers 2,797,731 1,164,526

Salaries and wages 6,796,331 3,416,702

Repairs 261,087 76,112

Bad debts 138,370 71,909

Rent paid on business property 946,083 326,465

Taxes paid 1,093,447 447,239

Interest paid 507,072 150,026

Amortization 311,720 106,203

Depreciation 1,091,978 325,603

Depletion 1 —

Advertising 665,054 314,965

Pension, profit-sharing, stock

bonus, and annuity plans 302,852 163,867

Employee benefit programs 393,739 254,656

Net loss, noncapital assets 6,046 1,814

Other deductions 8,003,778 2,990,785

Total receipts less total 6,099,701 2,484,653

deductions (1)

Net Income (less deficit)

from a trade or business (1) 6,048,946 2,463,941

Net income 6,420,180 2,539,926

Deficit 371,234 75,985

Portfolio income (less deficit)

distributed to shareholders 3,373,330 650,540

Dividend income 53,451 28,783

Interest income 293,596 115,995

Royalty income 11,538 5,229

Net short-term capital gain

(less loss) -9,652 -20,919

Net long-term capital gain

(less loss) 3,017,768 521,303

Other portfolio income (net) 6,628 149

Real estate rental net income 38,432 18,851

(less deficit) 38,966 19,243

Net income 534 392

Deficit

Net Income (less deficit)

from other rental activity 7,768 2,312

Net income 8,464 2,312

Deficit 696 —

Total net income 9,468,476 3,135,644

Information

Motion

Item picture Broadcasting

and sound and

recording telecommuni-

industries cations

(63) (64)

Number of returns 6,880 9,605

Number of shareholders 10,302 21,820

Income and deductions from a trade

or business:

Total receipts (1) 6,582,691 13,189,104

Business receipts 6,215,492 12,747,342

Interest on Government obligations:

State and local (1) 7,400 22,296

Net gain, noncapital assets 52,571 129,384

Other receipts 307,228 290,082

Total deductions 5,753,779 11,421,266

Cost of goods sold 2,269,048 4,297,112

Compensation of officers 611,660 543,976

Salaries and wages 634,430 1,989,509

Repairs 48,865 107,179

Bad debts 7,318 48,405

Rent paid on business property 183,847 269,172

Taxes paid 134,300 355,910

Interest paid 87,234 220,717

Amortization 77,175 118,538

Depreciation 278,071 414,521

Depletion — 1

Advertising 81,289 228,581

Pension, profit-sharing, stock

bonus, and annuity plans 30,817 68,018

Employee benefit programs 23,856 78,889

Net loss, noncapital assets * 2,765 1,363

Other deductions 1,283,105 2,679,376

Total receipts less total 828,912 1,767,838

deductions (1)

Net Income (less deficit)

from a trade or business (1) 821,512 1,745,542

Net income 986,773 1,839,167

Deficit 165,261 93,625

Portfolio income (less deficit)

distributed to shareholders 1,032,582 1,169,998

Dividend income 7,574 15,227

Interest income 37,067 119,002

Royalty income * 381 5,741

Net short-term capital gain

(less loss) 24,802 -10,597

Net long-term capital gain

(less loss) 962,757 1,034,258

Other portfolio income (net) — * 6,366

Real estate rental net income 3,212 9,134

(less deficit) 3,212 9,258

Net income — 124

Deficit

Net Income (less deficit)

from other rental activity * 1,136 3,894

Net income * 1,151 4,575

Deficit 15 681

Total net income 1,858,442 2,928,568

Information

Information

Item services Total

and data

processing

services

(65) (66)

Number of returns 5,076 268,135

Number of shareholders 8,258 605,998

Income and deductions from a trade

or business:

Total receipts (1) 5,172,920 103,421,069

Business receipts 4,544,313 95,629,192

Interest on Government obligations:

State and local (1) 348 347,209

Net gain, noncapital assets 4,674 860,431

Other receipts 623,586 6,584,236

Total deductions 4,154,622 88,928,035

Cost of goods sold 1,259,086 16,729,715

Compensation of officers 477,570 10,470,949

Salaries and wages 755,691 26,922,743

Repairs 28,931 807,511

Bad debts 10,739 545,562

Rent paid on business property 166,599 3,657,280

Taxes paid 155,999 2,773,335

Interest paid 49,096 3,736,245

Amortization 9,804 226,087

Depreciation 73,784 2,788,324

Depletion — * 156

Advertising 40,219 1,467,507

Pension, profit-sharing, stock

bonus, and annuity plans 40,149 742,313

Employee benefit programs 36,338 894,551

Net loss, noncapital assets * 104 66,885

Other deductions 1,050,512 17,098,872

Total receipts less total

deductions (1) 1,018,298 14,493,033

Net Income (less deficit)

from a trade or business (1) 1,017,950 14,145,825

Net income 1,054,313 15,910,806

Deficit * 36,363 1,764,982

Portfolio income (less deficit)

distributed to shareholders 520,209 8,182,357

Dividend income 1,867 309,516

Interest income 21,532 2,210,664

Royalty income 187 83,666

Net short-term capital gain

(less loss) -2,939 1,440,184

Net long-term capital gain

(less loss) 499,449 4,070,363

Other portfolio income (net) * 114 67,963

Real estate rental net income

(less deficit) 7,236 5,385,066

Net income 7,253 5,538,844

Deficit 18 153,779

Net Income (less deficit)

from other rental activity 427 503,824

Net income 427 527,247

Deficit — 23,423

Total net income 1,545,822 28,217,072

Finance, insurance, real

estate and rental

and leasing

Finance and insurance

Depository

Item credit

Total intermediation

(67) (68)

Number of returns 71,556 622

Number of shareholders 131,218 7,202

Income and deductions from a trade

or business:

Total receipts (1) 53,026,443 2,519,648

Business receipts 47,935,480 913,202

Interest on Government obligations:

State and local (1) 312,004 58,686

Net gain, noncapital assets 154,531 29,807

Other receipts 4,624,429 1,514,953

Total deductions 44,967,481 1,922,636

Cost of goods sold 4,884,326 2,979

Compensation of officers 7,009,212 148,855

Salaries and wages 14,688,863 280,016

Repairs 264,333 20,954

Bad debts 437,975 38,753

Rent paid on business property 1,627,977 34,636

Taxes paid 1,437,346 56,286

Interest paid 2,746,827 924,760

Amortization 167,622 6,116

Depreciation 562,726 46,508

Depletion * 66 2

Advertising 569,240 29,205

Pension, profit-sharing, stock

bonus, and annuity plans 476,588 15,119

Employee benefit programs 526,858 31,287

Net loss, noncapital assets 18,656 2,739

Other deductions 9,548,867 284,421

Total receipts less total

deductions (1) 8,058,962 594,012

Net Income (less deficit)

from a trade or business (1) 7,746,958 535,326

Net income 9,001,104 536,846

Deficit 1,254,146 1,520

Portfolio income (less deficit)

distributed to shareholders 4,721,994 38,985

Dividend income 148,030 2,142

Interest income 857,093 26,256

Royalty income 642 102

Net short-term capital gain

(less loss) 1,295,741 2,345

Net long-term capital gain

(less loss) 2,363,941 8,126

Other portfolio income (net) 58,547 14

Real estate rental net income

(less deficit) 40,438 4,675

Net income 55,076 6,047

Deficit 14,638 1,371

Net Income (less deficit)

from other rental activity 12,915 -86

Net income 16,196 227

Deficit 3,281 314

Total net income 12,522,305 578,900

Finance, insurance, real

estate and rental

and leasing

Finance and insurance

Securities

Non- commodity

Item depository contracts,

credit other

inter- financial

mediation investments,

and related

activities

(69) (70)

Number of returns 13,792 14,490

Number of shareholders 25,702 24,622

Income and deductions from a trade

or business:

Total receipts (1) 11,256,486 18,464,583

Business receipts 9,944,571 16,774,582

Interest on Government obligations:

State and local (1) 10,182 228,682

Net gain, noncapital assets 42,112 65,818

Other receipts 1,259,621 1,395,500

Total deductions 9,511,885 15,532,591

Cost of goods sold 1,710,552 1,059,739

Compensation of officers 650,596 3,328,050

Salaries and wages 2,726,477 5,070,956

Repairs 55,528 65,102

Bad debts 315,996 31,636

Rent paid on business property 350,357 457,949

Taxes paid 266,090 521,677

Interest paid 863,304 768,541

Amortization 67,461 24,633

Depreciation 102,635 180,187

Depletion — 2

Advertising 184,824 130,308

Pension, profit-sharing, stock

bonus, and annuity plans 29,248 210,316

Employee benefit programs 65,729 129,031

Net loss, noncapital assets 9,753 5,929

Other deductions 2,113,335 3,548,535

Total receipts less total

deductions (1) 1,744,601 2,931,992

Net Income (less deficit)

from a trade or business (1) 1,734,420 2,703,310

Net income 1,787,807 3,837,178

Deficit 53,388 1,133,868

Portfolio income (less deficit)

distributed to shareholders 369,215 3,555,571

Dividend income 7,149 98,332

Interest income 141,878 458,651

Royalty income 38 502

Net short-term capital gain

(less loss) 54,810 1,074,912

Net long-term capital gain

(less loss) 163,937 1,872,354

Other portfolio income (net) * 1,402 50,820

Real estate rental net income

(less deficit) 6,341 9,391

Net income 10,292 17,320

Deficit 3,951 7,929

Net Income (less deficit)

from other rental activity 466 13,506

Net income 753 14,431

Deficit * 287 * 925

Total net income 2,110,441 6,281,778

Finance, insurance, real

estate and rental

and leasing

Finance and insurance

Insurance Other

Item carriers financial

and related vehicles

activities and other

investment

companies

(71) (72)

Number of returns 40,551 2,101

Number of shareholders 66,073 7,618

Income and deductions from a trade

or business:

Total receipts (1) 20,326,146 463,579

Business receipts 19,948,450 354,675

Interest on Government obligations:

State and local (1) 9,505 4,948

Net gain, noncapital assets 16,748 45

Other receipts 350,444 103,911

Total deductions 17,685,260 315,110

Cost of goods sold 2,065,036 * 46,020

Compensation of officers 2,838,071 43,640

Salaries and wages 6,525,520 85,894

Repairs 120,261 2,489

Bad debts 49,855 1,735

Rent paid on business property 775,217 9,818

Taxes paid 574,715 18,578

Interest paid 170,006 20,216

Amortization 69,194 219

Depreciation 224,640 8,757

Depletion * 63 —

Advertising 219,458 5,445

Pension, profit-sharing, stock

bonus, and annuity plans 220,496 * 1,408

Employee benefit programs 297,732 3,078

Net loss, noncapital assets * 130 104

Other deductions 3,534,867 67,709

Total receipts less total

deductions (1) 2,639,887 148,469

Net Income (less deficit)

from a trade or business (1) 2,630,382 143,521

Net income 2,667,044 172,229

Deficit 36,662 28,708

Portfolio income (less deficit)

distributed to shareholders 303,062 455,161

Dividend income 23,864 14,543

Interest income 169,632 60,676

Royalty income — (2)

Net short-term capital gain

(less loss) 2,349 161,324

Net long-term capital gain

(less loss) 101,815 217,709

Other portfolio income (net) * 5,402 909

Real estate rental net income

(less deficit) 14,266 5,775

Net income 14,717 6,701

Deficit * 461 * 926

Net Income (less deficit)

from other rental activity * 39 * -1,009

Net income * 785 (2)

Deficit * 746 * 1,009

Total net income 2,947,739 603,447

Finance, insurance, real

estate, rental and leasing

Real estate and

rental and leasing

Real

Item Total estate

(73) (74)

Number of returns 196,579 179,792

Number of shareholders 474,780 436,949

Income and deductions from a trade

or business:

Total receipts (1) 50,394,626 37,346,994

Business receipts 47,693,712 35,530,311

Interest on Government obligations:

State and local (1) 35,205 33,481

Net gain, noncapital assets 705,901 255,527

Other receipts 1,959,808 1,527,675

Total deductions 43,960,554 32,227,656

Cost of goods sold 11,845,390 7,585,335

Compensation of officers 3,461,737 3,017,390

Salaries and wages 12,233,881 10,653,267

Repairs 543,178 320,656

Bad debts 107,587 62,670

Rent paid on business property 2,029,304 1,260,678

Taxes paid 1,335,989 947,744

Interest paid 989,418 615,178

Amortization 58,465 36,597

Depreciation 2,225,598 498,259

Depletion 90 63

Advertising 898,266 703,820

Pension, profit-sharing, stock

bonus, and annuity plans 265,725 217,964

Employee benefit programs 367,694 267,311

Net loss, noncapital assets 48,229 2,968

Other deductions 7,550,005 6,037,757

Total receipts less total

deductions (1) 6,434,072 5,119,338

Net Income (less deficit)

from a trade or business (1) 6,398,866 5,085,857

Net income 6,909,702 5,560,456

Deficit 510,836 474,599

Portfolio income (less deficit)

distributed to shareholders 3,460,363 3,132,433

Dividend income 163,486 158,076

Interest income 1,353,571 1,252,074

Royalty income 83,025 3,401

Net short-term capital gain

(less loss) 144,443 123,505

Net long-term capital gain

(less loss) 1,706,422 1,585,655

Other portfolio income (net) 9,417 9,721

Real estate rental net income

(less deficit) 5,344,628 5,305,229

Net income 5,483,768 5,443,679

Deficit 139,140 138,451

Net Income (less deficit)

from other rental activity 490,910 52,339

Net income 511,052 55,362

Deficit 20,142 3,023

Total net income 15,694,767 13,575,858

Finance, insurance, real

estate, rental and leasing

Real estate and

rental and leasing

Lessors of

Rental nonfinancial

Item and leasing intangible

services assets

(75) (76)

Number of returns 16,377 410

Number of shareholders 37,338 493

Income and deductions from a trade

or business:

Total receipts (1) 12,892,739 154,893

Business receipts 12,039,808 * 123,593

Interest on Government obligations:

State and local (1) 1,724 (2)

Net gain, noncapital assets 450,369 4

Other receipts 400,837 * 31,296

Total deductions 11,619,279 113,619

Cost of goods sold 4,251,966 8,088

Compensation of officers 421,166 23,180

Salaries and wages 1,560,467 20,147

Repairs 220,892 1,629

Bad debts 44,100 817

Rent paid on business property 763,715 4,911

Taxes paid 385,232 3,012

Interest paid 370,079 4,162

Amortization 18,078 3,790

Depreciation 1,724,609 2,730

Depletion 28 —

Advertising 187,047 7,399

Pension, profit-sharing, stock

bonus, and annuity plans 46,669 1,092

Employee benefit programs 99,607 775

Net loss, noncapital assets 44,820 440

Other deductions 1,480,803 31,446

Total receipts less total

deductions (1) 1,273,460 41,274

Net Income (less deficit)

from a trade or business (1) 1,271,735 41,273

Net income 1,307,972 41,273

Deficit 36,237 —

Portfolio income (less deficit)

distributed to shareholders 259,415 68,515

Dividend income 5,397 13

Interest income 93,077 8,420

Royalty income 19,545 * 60,079

Net short-term capital gain

(less loss) 20,939 -1

Net long-term capital gain

(less loss) 120,763 4

Other portfolio income (net) * -304 —

Real estate rental net income

(less deficit) 38,992 407

Net income 39,682 407

Deficit * 690 —

Net Income (less deficit)

from other rental activity 438,551 20

Net income 455,670 20

Deficit 17,119 —

Total net income 2,008,694 110,215

Professional and business

services

Professional,

Item Total scientific,

and technical

services

(77) (78)

Number of returns 374,935 277,918

Number of shareholders 622,400 446,626

Income and deductions from a trade

or business:

Total receipts (1) 259,476,386 173,035,868

Business receipts 249,334,781 169,950,657

Interest on Government obligations:

State and local (1) 349,273 71,338

Net gain, noncapital assets 437,121 163,433

Other receipts 9,355,212 2,850,439

Total deductions 228,791,125 150,992,115

Cost of goods sold 82,306,378 49,842,548

Compensation of officers 25,045,331 20,545,424

Salaries and wages 48,551,248 31,115,442

Repairs 1,342,821 778,907

Bad debts 453,163 197,615

Rent paid on business property 6,697,293 4,999,590

Taxes paid 8,033,265 4,888,514

Interest paid 4,360,685 853,836

Amortization 348,976 196,578

Depreciation 3,161,376 1,741,145

Depletion 198 22

Advertising 2,377,905 1,568,000

Pension, profit-sharing, stock

bonus, and annuity plans 2,042,283 1,746,962

Employee benefit programs 2,835,201 1,788,819

Net loss, noncapital assets 35,750 23,636

Other deductions 41,199,252 30,705,076

Total receipts less total

deductions (1) 30,685,261 22,043,753

Net Income (less deficit)

from a trade or business (1) 30,335,989 21,972,415

Net income 31,056,339 22,310,283

Deficit 720,350 337,868

Portfolio income (less deficit)

distributed to shareholders 16,503,163 4,016,479

Dividend income 473,978 114,244

Interest income 1,381,218 582,648

Royalty income 39,511 31,237

Net short-term capital gain

(less loss) 490,554 222,533

Net long-term capital gain

(less loss) 14,084,763 3,067,833

Other portfolio income (net) 33,140 -2,016

Real estate rental net income

(less deficit) 111,323 82,727

Net income 149,907 95,900

Deficit 38,585 13,173

Net Income (less deficit)

from other rental activity 100,744 47,088

Net income 105,797 48,427

Deficit 5,053 1,340

Total net income 47,051,219 26,118,708

Professional and business services

Administrative

and support

and waste

management and

remediation

services

Management

Item of Total

companies

(79) (80)

Number of returns 11,209 85,809

Number of shareholders 46,970 128,804

Income and deductions from a trade

or business:

Total receipts (1) 9,581,476 78,859,042

Business receipts 3,619,072 75,765,052

Interest on Government obligations:

State and local (1) 267,711 10,223

Net gain, noncapital assets 38,783 234,905

Other receipts 5,655,911 848,862

Total deductions 6,841,214 70,957,796

Cost of goods sold 154,368 32,309,462

Compensation of officers 578,752 3,921,155

Salaries and wages 894,381 16,541,425

Repairs 88,690 475,224

Bad debts 151,587 103,961

Rent paid on business property 66,027 1,631,676

Taxes paid 216,362 2,928,388

Interest paid 3,034,896 471,953

Amortization 60,181 92,217

Depreciation 210,825 1,209,405

Depletion 1 175

Advertising 65,010 744,896

Pension, profit-sharing, stock

bonus, and annuity plans 62,802 232,519

Employee benefit programs 127,943 918,439

Net loss, noncapital assets 8,709 3,405

Other deductions 1,120,681 9,373,495

Total receipts less total

deductions (1) 2,740,263 5,901,245

Net Income (less deficit)

from a trade or business (1) 2,472,551 5,891,022

Net income 2,765,890 5,980,166

Deficit 293,338 89,143

Portfolio income (less deficit)

distributed to shareholders 10,929,410 1,557,274

Dividend income 344,393 15,342

Interest income 616,920 181,649

Royalty income 8,012 262

Net short-term capital gain

(less loss) 259,078 8,943

Net long-term capital gain

(less loss) 9,666,206 1,350,725

Other portfolio income (net) 34,802 354

Real estate rental net income

(less deficit) 23,265 5,331

Net income 44,210 9,797

Deficit 20,945 4,467

Net Income (less deficit)

from other rental activity 6,654 47,003

Net income 10,367 47,003

Deficit 3,713 —

Total net income 13,431,881 7,500,630

Professional and business

service

Administrative and support

and waste management and

remediation services

Waste

Administrative management

Item and support and

service remediation

services

(81) (82)

Number of returns 81,325 4,484

Number of shareholders 117,434 11,369

Income and deductions from a trade

or business:

Total receipts (1) 71,174,426 5,684,616

Business receipts 70,261,176 5,503,876

Interest on Government obligations:

State and local (1) 6,400 3,823

Net gain, noncapital assets 137,512 97,393

Other receipts 769,339 79,523

Total deductions 65,974,134 4,983,663

Cost of goods sold 30,156,360 2,153,102

Compensation of officers 3,684,296 236,859

Salaries and wages 15,912,921 628,503

Repairs 380,802 94,422

Bad debts 80,968 22,993

Rent paid on business property 1,466,443 165,233

Taxes paid 2,736,558 191,831

Interest paid 385,684 86,269

Amortization 63,949 28,268

Depreciation 896,947 312,458

Depletion 131 44

Advertising 717,201 27,695

Pension, profit-sharing, stock

bonus, and annuity plans 209,784 22,735

Employee benefit programs 834,239 84,200

Net loss, noncapital assets 2,760 646

Other deductions 8,445,091 928,404

Total receipts less total

deductions (1) 5,200,292 700,953

Net Income (less deficit)

from a trade or business (1) 5,193,892 697,130

Net income 5,234,442 745,723

Deficit 40,550 * 48,593

Portfolio income (less deficit)

distributed to shareholders 796,679 760,595

Dividend income 14,410 932

Interest income 151,204 30,444

Royalty income -1 263

Net short-term capital gain

(less loss) 7,400 1,543

Net long-term capital gain

(less loss) 623,312 727,413

Other portfolio income (net) 354 —

Real estate rental net income

(less deficit) 5,236 95

Net income 7,590 * 2,207

Deficit * 2,355 * 2,112

Net Income (less deficit)

from other rental activity * 45,659 1,344

Net income * 45,659 1,344

Deficit — —

Total net income 6,041,466 1,459,164

Education, health, and

social assistance

Total Educational

Item services

(83) (84)

Number of returns 112,233 13,568

Number of shareholders 170,322 20,245

Income and deductions from a trade

or business:

Total receipts (1) 74,930,028 8,258,524

Business receipts 73,146,759 8,173,815

Interest on Government obligations:

State and local (1) 6,626 2,740

Net gain, noncapital assets 137,553 13,349

Other receipts 1,639,090 68,620

Total deductions 65,846,779 7,602,774

Cost of goods sold 8,218,318 1,718,291

Compensation of officers 9,880,611 591,882

Salaries and wages 19,432,350 2,081,672

Repairs 621,384 78,591

Bad debts 207,572 22,872

Rent paid on business property 3,788,711 487,082

Taxes paid 2,841,985 298,486

Interest paid 729,183 43,897

Amortization 97,456 8,679

Depreciation 1,021,794 129,930

Depletion — —

Advertising 972,958 369,962

Pension, profit-sharing, stock

bonus, and annuity plans 1,126,941 35,589

Employee benefit programs 975,030 143,027

Net loss, noncapital assets 9,292 * 1,518

Other deductions 15,923,194 1,591,298

Total receipts less total

deductions (1) 9,083,250 655,750

Net Income (less deficit)

from a trade or business (1) 9,076,624 653,010

Net income 9,148,699 673,800

Deficit 72,075 * 20,790

Portfolio income (less deficit)

distributed to shareholders 850,040 102,019

Dividend income 22,840 4,546

Interest income 215,703 31,836

Royalty income 23 23

Net short-term capital gain

(less loss) 278,082 201

Net long-term capital gain

(less loss) 336,907 65,412

Other portfolio income (net) * -3,515 —

Real estate rental net income

(less deficit) 35,701 882

Net income 39,390 1,026

Deficit 3,689 144

Net Income (less deficit)

from other rental activity 5,191 312

Net income 5,523 312

Deficit * 332 —

Total net income 9,967,556 756,223

Education, health, and

social assistance

Health care and social

assistance

Offices of

Item Total physicians

and dentists

(85) (86)

Number of returns 98,666 77,137

Number of shareholders 150,078 108,089

Income and deductions from a trade

or business:

Total receipts (1) 66,671,504 44,359,908

Business receipts 64,972,944 43,204,202

Interest on Government obligations:

State and local (1) 3,886 2,064

Net gain, noncapital assets 124,204 65,132

Other receipts 1,570,470 1,088,510

Total deductions 58,244,004 38,057,539

Cost of goods sold 6,500,027 3,430,531

Compensation of officers 9,288,730 8,357,904

Salaries and wages 17,350,678 9,857,489

Repairs 542,794 310,141

Bad debts 184,700 28,006

Rent paid on business property 3,301,629 2,092,826

Taxes paid 2,543,499 1,455,482

Interest paid 685,286 289,359

Amortization 88,777 55,644

Depreciation 891,863 479,957

Depletion — —

Advertising 602,996 482,128

Pension, profit-sharing, stock

bonus, and annuity plans 1,091,351 988,589

Employee benefit programs 832,004 426,125

Net loss, noncapital assets 7,774 * 7,407

Other deductions 14,331,896 9,795,950

Total receipts less total

deductions (1) 8,427,499 6,302,369

Net Income (less deficit)

from a trade or business (1) 8,423,614 6,300,305

Net income 8,474,899 6,333,421

Deficit 51,285 33,116

Portfolio income (less deficit)

distributed to shareholders 748,022 239,525

Dividend income 18,294 13,620

Interest income 183,867 108,155

Royalty income — —

Net short-term capital gain

(less loss) 277,880 15,107

Net long-term capital gain

(less loss) 271,495 106,392

Other portfolio income (net) * -3,515 * -3,749

Real estate rental net income

(less deficit) 34,819 15,780

Net income 38,364 17,623

Deficit 3,545 * 1,843

Net Income (less deficit)

from other rental activity 4,879 * 2,317

Net income * 5,211 * 2,335

Deficit * 332 * 18

Total net income 9,211,333 6,557,927

Education, health, and social

assistance

Health care and social

assistance

Miscellaneous Hospitals,

Item health care nursing, and

and social residential

assistance care

facilities

(87) (88)

Number of returns 14,850 6,679

Number of shareholders 29,056 12,933

Income and deductions from a trade

or business:

Total receipts (1) 9,518,728 12,792,868

Business receipts 9,338,096 12,430,647

Interest on Government obligations:

State and local (1) * 775 1,047

Net gain, noncapital assets 20,323 38,749

Other receipts 159,534 322,426

Total deductions 8,411,861 11,774,605

Cost of goods sold 1,527,609 1,541,887

Compensation of officers 702,534 228,292

Salaries and wages 2,788,115 4,705,074

Repairs 112,553 120,099

Bad debts 63,972 92,722

Rent paid on business property 480,060 728,742

Taxes paid 401,845 686,173

Interest paid 113,543 282,384

Amortization 16,313 16,821

Depreciation 181,298 230,609

Depletion — —

Advertising 61,748 59,120

Pension, profit-sharing, stock

bonus, and annuity plans 59,440 43,322

Employee benefit programs 118,190 287,689

Net loss, noncapital assets * 294 * 73

Other deductions 1,784,348 2,751,599

Total receipts less total

deductions (1) 1,106,867 1,018,264

Net Income (less deficit)

from a trade or business (1) 1,106,092 1,017,217

Net income 1,109,859 1,031,618

Deficit * 3,768 14,401

Portfolio income (less deficit)

distributed to shareholders 127,477 381,019

Dividend income 2,535 2,139

Interest income 18,927 56,785

Royalty income — —

Net short-term capital gain

(less loss) * 6,100 256,673

Net long-term capital gain

(less loss) * 99,681 65,422

Other portfolio income (net) 234 —

Real estate rental net income

(less deficit) 45 18,994

Net income 109 20,632

Deficit 64 * 1,639

Net Income (less deficit)

from other rental activity * 1,368 * 1,194

Net income * 1,368 * 1,508

Deficit — * 314

Total net income 1,234,982 1,418,424

Leisure,

accommodation,

and food

services

Arts,

entertainment,

and recreation

Item Total Total

(89) (90)

Number of returns 112,253 29,150

Number of shareholders 224,471 54,307

Income and deductions from a trade

or business:

Total receipts (1) 110,913,756 25,813,860

Business receipts 108,592,265 24,808,901

Interest on Government obligations:

State and local (1) 31,525 10,796

Net gain, noncapital assets 222,329 122,108

Other receipts 2,067,638 872,055

Total deductions 101,914,655 22,748,119

Cost of goods sold 36,405,628 4,776,708

Compensation of officers 6,588,165 3,955,989

Salaries and wages 19,952,170 4,790,563

Repairs 2,012,187 455,626

Bad debts 93,682 26,917

Rent paid on business property 6,388,813 1,271,314

Taxes paid 4,586,712 1,076,512

Interest paid 1,826,958 336,445

Amortization 342,781 117,019

Depreciation 2,797,801 698,999

Depletion — —

Advertising 2,777,873 403,254

Pension, profit-sharing, stock

bonus, and annuity plans 234,108 130,137

Employee benefit programs 688,484 139,674

Net loss, noncapital assets 7,799 1,945

Other deductions 17,211,494 4,567,016

Total receipts less total

deductions (1) 8,999,102 3,065,742

Net Income (less deficit)

from a trade or business (1) 8,967,577 3,054,945

Net income 9,127,246 3,155,742

Deficit 159,669 100,796

Portfolio income (less deficit)

distributed to shareholders 2,348,657 1,499,882

Dividend income 46,711 27,254

Interest income 415,558 145,414

Royalty income 129,533 128,011

Net short-term capital gain

(less loss) 67,759 8,596

Net long-term capital gain

(less loss) 1,675,293 1,178,357

Other portfolio income (net) * 13,804 12,250

Real estate rental net income

(less deficit) 138,016 48,298

Net income 155,798 53,621

Deficit 17,782 5,323

Net Income (less deficit)

from other rental activity 32,471 11,640

Net income 32,609 11,679

Deficit * 137 39

Total net income 11,486,722 4,614,766

Leisure, accommodation,

and food services

Arts,

entertainment,

and recreation

Other arts, Amusement,

Item entertainment, gambling, and

and recreation

recreation industries

(91) (92)

Number of returns 13,180 15,969

Number of shareholders 16,912 37,395

Income and deductions from a trade

or business:

Total receipts (1) 12,543,555 13,270,305

Business receipts 11,904,029 12,904,872

Interest on Government obligations:

State and local (1) 7,853 2,943

Net gain, noncapital assets 89,396 32,712

Other receipts 542,277 329,778

Total deductions 11,197,781 11,550,338

Cost of goods sold 1,814,682 2,962,027

Compensation of officers 3,480,095 475,894

Salaries and wages 2,527,429 2,263,134

Repairs 45,656 409,969

Bad debts 8,877 18,040

Rent paid on business property 320,734 950,580

Taxes paid 274,994 801,518

Interest paid 111,129 225,316

Amortization 87,544 29,476

Depreciation 118,113 580,887

Depletion — —

Advertising 108,626 294,628

Pension, profit-sharing, stock

bonus, and annuity plans 92,438 37,699

Employee benefit programs 47,903 91,771

Net loss, noncapital assets * 1,457 * 488

Other deductions 2,158,105 2,408,911

Total receipts less total

deductions (1) 1,345,774 1,719,968

Net Income (less deficit)

from a trade or business (1) 1,337,921 1,717,024

Net income 1,382,909 1,772,833

Deficit 44,988 55,808

Portfolio income (less deficit)

distributed to shareholders 843,606 656,276

Dividend income 21,253 6,001

Interest income 77,777 67,637

Royalty income 68,295 * 59,716

Net short-term capital gain

(less loss) 1,338 7,258

Net long-term capital gain

(less loss) 662,693 515,664

Other portfolio income (net) 12,250 —

Real estate rental net income

(less deficit) 13,387 34,911

Net income * 13,699 39,922

Deficit 312 5,011

Net Income (less deficit)

from other rental activity 147 11,493

Net income 147 * 11,532

Deficit — 39

Total net income 2,195,061 2,419,705

Leisure, accommodation,

and food services

Accommodation and food

services

Item Total Accommodation

(93) (94)

Number of returns 83,103 10,515

Number of shareholders 170,164 27,582

Income and deductions from a trade

or business:

Total receipts (1) 85,099,896 12,979,956

Business receipts 83,783,364 12,644,155

Interest on Government obligations:

State and local (1) 20,728 3,203

Net gain, noncapital assets 100,221 33,401

Other receipts 1,195,583 299,196

Total deductions 79,166,536 11,658,894

Cost of goods sold 31,628,920 2,991,004

Compensation of officers 2,632,176 331,245

Salaries and wages 15,161,607 2,294,174

Repairs 1,556,561 363,268

Bad debts 66,765 12,910

Rent paid on business property 5,117,499 496,668

Taxes paid 3,510,200 739,869

Interest paid 1,490,513 747,104

Amortization 225,762 38,193

Depreciation 2,098,802 681,673

Depletion — —

Advertising 2,374,619 274,515

Pension, profit-sharing, stock

bonus, and annuity plans 103,971 15,447

Employee benefit programs 548,810 102,190

Net loss, noncapital assets 5,853 1,091

Other deductions 12,644,478 2,569,541

Total receipts less total

deductions (1) 5,933,360 1,321,062

Net Income (less deficit)

from a trade or business (1) 5,912,632 1,317,859

Net income 5,971,505 1,334,747

Deficit 58,873 16,888

Portfolio income (less deficit)

distributed to shareholders 848,775 414,379

Dividend income 19,457 8,332

Interest income 270,144 129,948

Royalty income 1,521 —

Net short-term capital gain

(less loss) 59,163 46,388

Net long-term capital gain

(less loss) 496,936 228,158

Other portfolio income (net) * 1,554 * 1,553

Real estate rental net income

(less deficit) 89,718 30,143

Net income 102,177 37,950

Deficit 12,459 * 7,807

Net Income (less deficit)

from other rental activity 20,831 * 6,297

Net income 20,930 * 6,351

Deficit * 98 * 54

Total net income 6,871,956 1,768,679

Leisure,

accommodation,

and food Other services

service

Accommodation

and food

services

Food

Item services Total

and driving

places

(95) (96)

Number of returns 72,588 107,495

Number of shareholders 142,582 173,249

Income and deductions from a trade

or business:

Total receipts (1) 72,119,940 52,339,215

Business receipts 71,139,208 51,914,075

Interest on Government obligations:

State and local (1) 17,525 5,951

Net gain, noncapital assets 66,820 85,395

Other receipts 896,387 333,794

Total deductions 67,507,642 48,054,286

Cost of goods sold 28,637,915 20,791,628

Compensation of officers 2,300,931 3,559,759

Salaries and wages 12,867,432 7,694,575

Repairs 1,193,293 569,511

Bad debts 53,855 133,725

Rent paid on business property 4,620,831 2,887,820

Taxes paid 2,770,331 1,758,170

Interest paid 743,409 592,020

Amortization 187,569 135,629

Depreciation 1,417,128 1,078,086

Depletion — —

Advertising 2,100,104 825,181

Pension, profit-sharing, stock

bonus, and annuity plans 88,524 168,863

Employee benefit programs 446,620 452,224

Net loss, noncapital assets 4,763 5,353

Other deductions 10,074,937 7,401,743

Total receipts less total

deductions (1) 4,612,297 4,284,929

Net Income (less deficit)

from a trade or business (1) 4,594,772 4,278,979

Net income 4,638,757 4,312,529

Deficit 41,985 33,551

Portfolio income (less deficit)

distributed to shareholders 434,397 416,983

Dividend income 11,125 10,833

Interest income 140,196 102,748

Royalty income 1,521 1,517

Net short-term capital gain

(less loss) 12,775 18,723

Net long-term capital gain

(less loss) 268,778 283,146

Other portfolio income (net) 1 15

Real estate rental net income

(less deficit) 59,575 36,280

Net income 64,227 36,444

Deficit 4,652 164

Net Income (less deficit)

from other rental activity 14,534 19,233

Net income 14,578 19,254

Deficit 44 21

Total net income 5,103,277 4,751,474

Other services

Repair Personal

Item and and laundry

maintenance services

(97) (98)

Number of returns 59,354 **

Number of shareholders 90,012 **

Income and deductions from a trade

or business:

Total receipts (1) 30,653,144 **

Business receipts 30,468,901 **

Interest on Government obligations:

State and local (1) * 392 **

Net gain, noncapital assets 44,140 **

Other receipts 139,711 **

Total deductions 28,382,428 **

Cost of goods sold 14,497,678 **

Compensation of officers 1,972,622 **

Salaries and wages 3,967,138 **

Repairs 288,835 **

Bad debts 40,223 **

Rent paid on business property 1,322,258 **

Taxes paid 982,811 **

Interest paid 357,253 **

Amortization 53,001 **

Depreciation 549,078 **

Depletion — **

Advertising 416,956 **

Pension, profit-sharing, stock

bonus, and annuity plans 61,249 **

Employee benefit programs 290,513 **

Net loss, noncapital assets 5,168 **

Other deductions 3,577,646 **

Total receipts less total

deductions (1) 2,270,716 **

Net Income (less deficit)

from a trade or business (1) 2,270,325 **

Net income 2,276,784 **

Deficit 6,459 **

Portfolio income (less deficit)

distributed to shareholders 127,538 **

Dividend income 4,529 **

Interest income 39,272 **

Royalty income 170 **

Net short-term capital gain

(less loss) * 5,413 **

Net long-term capital gain

(less loss) 78,154 **

Other portfolio income (net) (2) **

Real estate rental net income

(less deficit) 21,534 **

Net income 21,538 **

Deficit 4 **

Net Income (less deficit)

from other rental activity * 14,629 **

Net income * 14,629 **

Deficit — **

Total net income 2,434,026 **

Other services

Religious, Nature of

grantmaking, business

Item civic, not

professional, allocable

and similar

organizations

(99) (100)

Number of returns ** 10,519

Number of shareholders ** 14,153

Income and deductions from a trade

or business:

Total receipts (1) ** 2,739,030

Business receipts ** 2,642,496

Interest on Government obligations:

State and local (1) ** —

Net gain, noncapital assets ** (2)

Other receipts ** 96,534

Total deductions ** 2,330,930

Cost of goods sold ** 869,883

Compensation of officers ** 301,615

Salaries and wages ** 264,078

Repairs ** 16,208

Bad debts ** * 195

Rent paid on business property ** 122,015

Taxes paid ** 87,563

Interest paid ** 169,752

Amortization ** * 6,524

Depreciation ** 33,592

Depletion ** —

Advertising ** 18,447

Pension, profit-sharing, stock

bonus, and annuity plans ** 42,206

Employee benefit programs ** * 8,957

Net loss, noncapital assets ** —

Other deductions ** 389,894

Total receipts less total

deductions (1) ** 408,101

Net Income (less deficit)

from a trade or business (1) ** 408,101

Net income ** 408,150

Deficit ** 50

Portfolio income (less deficit)

distributed to shareholders ** 3,391

Dividend income ** 16

Interest income ** 3,357

Royalty income ** —

Net short-term capital gain

(less loss) ** 10

Net long-term capital gain

(less loss) ** 8

Other portfolio income (net) ** —

Real estate rental net income

(less deficit) ** * 8,963

Net income ** * 8,963

Deficit ** —

Net Income (less deficit)

from other rental activity ** —

Net income ** —

Deficit ** —

Total net income ** 420,454

* Estimate should be used with caution because

of the small number of sample returns on which

it 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 totals due to rounding.

Table 3.–S Corporations: Balance Sheets,

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

All

Item industries Total

(1) (2)

Number of returns 2,725,775 88,909

Number of shareholders 5,076,763 231,868

Total assets 1,628,692,515 63,673,815

Cash 164,614,106 6,165,745

Notes and accounts receivable 352,382,872 5,783,731

Less: Allowance for bad debts 4,643,099 24,120

Inventories 249,639,265 3,391,550

Investments in

Government obligations 27,592,243 192,984

Tax-exempt securities 9,273,383 358,461

Other current assets 91,013,444 2,845,748

Loans to shareholders 28,446,188 1,702,755

Mortgage and real estate loans 27,336,546 454,029

Other investments 172,515,967 11,341,539

Depreciable assets 795,141,317 44,619,310

Less: Accumulated depreciation 422,362,996 27,264,377

Depletable assets 8,637,126 5,732,498

Less: Accumulated depletion 3,121,468 2,563,562

Land 66,129,251 8,596,062

Intangible assets (amortizable) 48,343,302 1,057,539

Less: Accumulated amortization 15,625,790 452,987

Other assets 33,380,860 1,736,910

Total liabilities 1,628,692,515 63,673,815

Accounts payable 199,628,586 3,660,816

Mortgages, notes, and bonds

payable in less than 1 year 196,373,776 6,780,207

Other current liabilities 230,761,101 2,845,334

Loans from stockholders 141,026,283 8,475,458

Mortgages, notes, and bonds

payable in 1 year or more 335,947,654 13,978,441

Other liabilities 43,336,458 2,766,048

Net worth, total 481,618,657 25,167,511

Capital stock 60,827,530 4,994,091

Paid-in or capital surplus 166,085,832 14,979,425

Retained earnings, unappropriated 276,665,821 5,428,218

Adjustments to shareholders’

equity (1) 2,111,475 527,284

Less: Cost of treasury stock 24,071,998 761,508

Raw materials and energy

production

Agriculture, forestry,

fishing and hunting

Agriculture

Item Total production

(3) (4)

Number of returns 71,372 48,720

Number of shareholders 188,056 128,873

Total assets 38,195,051 28,391,266

Cash 3,179,058 2,015,368

Notes and accounts receivable 2,704,745 1,819,327

Less: Allowance for bad debts 9,437 6,565

Inventories 2,904,114 2,240,759

Investments in

Government obligations 41,623 34,389

Tax-exempt securities 214,178 164,644

Other current assets 1,801,760 1,177,695

Loans to shareholders 937,612 718,704

Mortgage and real estate loans 444,434 367,990

Other investments 2,860,215 2,120,166

Depreciable assets 31,654,798 23,776,372

Less: Accumulated depreciation 19,293,893 14,355,256

Depletable assets 1,275,013 115,316

Less: Accumulated depletion 82,596 * 8,293

Land 7,909,774 7,044,320

Intangible assets (amortizable) 555,925 405,422

Less: Accumulated amortization 168,887 115,389

Other assets 1,266,615 876,297

Total liabilities 38,195,051 28,361,266

Accounts payable 1,741,398 946,717

Mortgages, notes, and bonds

payable in less than 1 year 5,255,983 3,895,859

Other current liabilities 1,289,780 858,337

Loans from stockholders 7,020,590 5,908,540

Mortgages, notes, and bonds

payable in 1 year or more 9,377,222 7,286,431

Other liabilities 1,478,360 1,116,855

Net worth, total 12,031,717 8,378,526

Capital stock 4,506,023 3,908,416

Paid-in or capital surplus 9,515,339 8,230,825

Retained earnings, unappropriated -1,519,456 -3,389,747

Adjustments to shareholders’

equity (1) 20,575 -4,561

Less: Cost of treasury stock 490,763 366,407

Raw materials and energy

production

Agriculture, forestry,

fishing and hunting

Support

Forestry activities

Item and and fishing,

logging hunting, and

trapping

(5) (6)

Number of returns 5,678 16,974

Number of shareholders 15,205 44,178

Total assets 3,968,188 5,835,597

Cash 230,095 933,595

Notes and accounts receivable 189,060 696,358

Less: Allowance for bad debts 1,442 * 1,431

Inventories 138,450 524,905

Investments in

Government obligations * 6,807 * 427

Tax-exempt securities * 49,023 511

Other current assets 316,566 307,499

Loans to shareholders 42,309 176,599

Mortgage and real estate loans 45,048 * 31,396

Other investments 333,346 406,703

Depreciable assets 2,101,208 5,777,218

Less: Accumulated depreciation 1,313,034 3,625,613

Depletable assets 1,096,541 * 63,156

Less: Accumulated depletion * 46,110 * 28,193

Land 534,137 331,318

Intangible assets (amortizable) 2,419 148,084

Less: Accumulated amortization 1,205 52,293

Other assets 244,960 145,357

Total liabilities 3,968,188 5,835,597

Accounts payable 206,153 588,528

Mortgages, notes, and bonds

payable in less than 1 year 553,030 807,093

Other current liabilities 111,261 320,183

Loans from stockholders 247,613 864,438

Mortgages, notes, and bonds

payable in 1 year or more 975,834 1,114,957

Other liabilities 134,070 227,435

Net worth, total 1,740,228 1,912,963

Capital stock 257,408 340,199

Paid-in or capital surplus 292,827 991,687

Retained earnings, unappropriated 1,214,675 655,616

Adjustments to shareholders’

equity (1) * 8,380 * 16,756

Less: Cost of treasury stock * 33,062 91,295

Raw materials and energy

production

Item Mining Utilities

(7) (8)

Number of returns 16,077 1,460

Number of shareholders 40,574 3,238

Total assets 22,493,875 2,984,889

Cash 2,501,934 484,753

Notes and accounts receivable 2,565,989 512,997

Less: Allowance for bad debts 12,793 1,890

Inventories 461,829 25,607

Investments in

Government obligations 136,725 14,636

Tax-exempt securities 144,283 —

Other current assets 862,375 181,614

Loans to shareholders 363,894 401,248

Mortgage and real estate loans * 7,323 2,272

Other investments 8,139,057 342,267

Depreciable assets 11,172,036 1,792,476

Less: Accumulated depreciation 7,283,761 686,723

Depletable assets 4,357,722 99,763

Less: Accumulated depletion 2,429,509 51,457

Land 649,308 36,980

Intangible assets (amortizable) 428,215 73,398

Less: Accumulated amortization 255,686 28,414

Other assets 684,933 -214,638

Total liabilities 22,493,875 2,984,889

Accounts payable 1,664,299 255,119

Mortgages, notes, and bonds

payable in less than 1 year 1,319,921 204,304

Other current liabilities 1,348,731 206,823

Loans from stockholders 1,416,691 38,176

Mortgages, notes, and bonds

payable in 1 year or more 3,629,179 972,040

Other liabilities 1,072,216 215,472

Net worth, total 12,042,839 1,092,955

Capital stock 437,367 50,701

Paid-in or capital surplus 4,764,114 699,973

Retained earnings, unappropriated 6,597,040 350,635

Adjustments to shareholders’

equity (1) 509,929 -3,220

Less: Cost of treasury stock 265,610 * 5,134

Goods production

Construction

Item Total Total

(9) (10)

Number of returns 479,418 333,527

Number of shareholders 904,649 565,270

Total assets 447,196,113 189,977,863

Cash 46,980,054 24,323,030

Notes and accounts receivable 113,551,592 52,250,905

Less: Allowance for bad debts 1,273,828 297,820

Inventories 83,330,941 30,465,884

Investments in

Government obligations 1,714,367 529,038

Tax-exempt securities 1,462,438 594,142

Other current assets 29,780,418 20,519,919

Loans to shareholders 6,065,795 3,804,404

Mortgage and real estate loans 2,092,638 1,751,487

Other investments 34,410,192 13,158,649

Depreciable assets 239,284,301 70,864,327

Less: Accumulated depreciation 139,296,797 41,360,421

Depletable assets 2,238,942 236,834

Less: Accumulated depletion 290,182 72,333

Land 12,334,161 8,532,232

Intangible assets (amortizable) 7,295,373 1,000,767

Less: Accumulated amortization 2,151,071 283,301

Other assets 9,666,779 3,960,119

Total liabilities 447,196,113 189,977,863

Accounts payable 69,299,095 36,415,827

Mortgages, notes, and bonds

payable in less than 1 year 48,825,292 24,121,879

Other current liabilities 46,677,548 25,895,441

Loans from stockholders 25,191,030 12,765,470

Mortgages, notes, and bonds

payable in 1 year or more 78,264,869 30,970,697

Other liabilities 10,452,161 4,238,272

Net worth, total 168,486,117 55,570,277

Capital stock 11,772,917 5,080,621

Paid-in or capital surplus 25,531,634 12,473,600

Retained earnings, unappropriated 138,672,119 40,281,992

Adjustments to shareholders’

equity (1) 401,197 180,795

Less: Cost of treasury stock 7,891,749 2,446,731

Goods production

Construction

Building,

Item developing, Heavy

and general construction

contracting

(11) (12)

Number of returns 133,245 12,070

Number of shareholders 249,847 23,465

Total assets 105,442,908 28,019,956

Cash 10,922,870 4,836,437

Notes and accounts receivable 20,311,723 9,065,078

Less: Allowance for bad debts 62,100 104,587

Inventories 26,782,349 616,214

Investments in

Government obligations 147,382 318,026

Tax-exempt securities 278,654 204,756

Other current assets 13,960,901 2,251,088

Loans to shareholders 2,051,074 384,537

Mortgage and real estate loans 1,578,085 49,725

Other investments 8,634,292 2,436,563

Depreciable assets 18,850,758 18,992,715

Less: Accumulated depreciation 8,586,368 12,052,195

Depletable assets 76,504 142,288

Less: Accumulated depletion * 21,400 43,462

Land 7,171,352 472,338

Intangible assets (amortizable) 358,582 105,678

Less: Accumulated amortization 117,677 18,925

Other assets 3,105,928 363,680

Total liabilities 105,442,908 28,019,956

Accounts payable 19,321,157 6,122,749

Mortgages, notes, and bonds

payable in less than 1 year 17,323,270 2,001,749

Other current liabilities 13,552,584 4,221,797

Loans from stockholders 9,179,564 689,733

Mortgages, notes, and bonds

payable in 1 year or more 20,261,739 3,584,030

Other liabilities 2,753,106 455,329

Net worth, total 23,051,488 10,944,569

Capital stock 2,986,571 536,893

Paid-in or capital surplus 8,667,832 1,252,388

Retained earnings, unappropriated 12,289,319 9,470,373

Adjustments to shareholders’

equity (1) 85,750 61,007

Less: Cost of treasury stock 977,984 376,092

Goods production

Construction Manufacturing

Special

Item trade Total

contractors

(13) (14)

Number of returns 188,213 145,890

Number of shareholders 291,958 339,379

Total assets 58,515,000 257,218,249

Cash 8,563,723 22,657,024

Notes and accounts receivable 22,874,105 61,300,687

Less: Allowance for bad debts 131,133 976,007

Inventories 3,067,321 52,865,056

Investments in

Government obligations 63,629 1,185,329

Tax-exempt securities 110,732 868,296

Other current assets 4,307,931 9,260,499

Loans to shareholders 1,368,793 2,261,391

Mortgage and real estate loans 123,677 341,151

Other investments 2,087,794 21,251,543

Depreciable assets 33,020,854 168,419,974

Less: Accumulated depreciation 20,721,857 97,936,377

Depletable assets 18,042 2,002,108

Less: Accumulated depletion 7,471 217,849

Land 888,542 3,801,929

Intangible assets (amortizable) 536,507 6,294,606

Less: Accumulated amortization 146,699 1,867,770

Other assets 490,511 5,706,661

Total liabilities 56,515,000 257,218,249

Accounts payable 10,971,921 32,883,269

Mortgages, notes, and bonds

payable in less than 1 year 4,796,859 24,703,413

Other current liabilities 8,121,060 20,782,107

Loans from stockholders 2,896,174 12,425,560

Mortgages, notes, and bonds

payable in 1 year or more 7,124,927 47,294,173

Other liabilities 1,029,838 6,213,889

Net worth, total 21,574,221 112,915,840

Capital stock 1,557,157 6,692,296

Paid-in or capital surplus 2,553,381 13,058,034

Retained earnings, unappropriated 18,522,300 98,390,127

Adjustments to shareholders’

equity (1) 34,039 220,402

Less: Cost of treasury stock 1,092,655 5,445,019

Goods production

Manufacturing

Beverage

Item Food and tobacco

manufacturing product

manufacturing

(15) (16)

Number of returns 8,366 1,256

Number of shareholders 31,372 4,055

Total assets 21,824,830 5,548,420

Cash 1,699,145 444,037

Notes and accounts receivable 4,419,950 750,072

Less: Allowance for bad debts 70,812 8,340

Inventories 4,290,217 1,116,098

Investments in

Government obligations 39,152 53,706

Tax-exempt securities 105,955 * 38,390

Other current assets 706,674 112,990

Loans to shareholders 267,082 68,168

Mortgage and real estate loans 21,772 * 17,594

Other investments 1,790,012 653,802

Depreciable assets 16,238,547 4,089,336

Less: Accumulated depreciation 8,981,251 2,390,808

Depletable assets * 23,097 —

Less: Accumulated depletion * 4,088 —

Land 410,324 182,752

Intangible assets (amortizable) 670,924 375,405

Less: Accumulated amortization 149,725 141,739

Other assets 347,854 186,957

Total liabilities 21,824,830 5,548,420

Accounts payable 3,084,187 516,227

Mortgages, notes, and bonds

payable in less than 1 year 2,595,744 423,626

Other current liabilities 1,694,081 287,605

Loans from stockholders 708,186 396,557

Mortgages, notes, and bonds

payable in 1 year or more 4,367,007 1,256,973

Other liabilities 366,271 134,373

Net worth, total 9,009,354 2,533,060

Capital stock 669,037 187,271

Paid-in or capital surplus 1,005,498 466,056

Retained earnings, unappropriated 7,474,560 1,910,767

Adjustments to shareholders’

equity (1) 183,660 * 7,714

Less: Cost of treasury stock 323,401 38,747

Goods production

Manufacturing

Textile mills

and textile Apparel

product manufacturing

Item mills

(17) (18)

Number of returns 2,910 7,852

Number of shareholders 5,590 12,856

Total assets 7,835,884 9,243,171

Cash 606,456 793,985

Notes and accounts receivable 1,631,278 2,463,757

Less: Allowance for bad debts 45,328 44,917

Inventories 1,676,085 3,138,647

Investments in

Government obligations * 139,206 26,612

Tax-exempt securities 67,626 39

Other current assets 375,610 505,076

Loans to shareholders 49,635 142,677

Mortgage and real estate loans 531 * 10,230

Other investments 783,979 687,069

Depreciable assets 5,079,790 3,660,123

Less: Accumulated depreciation 3,146,725 2,390,296

Depletable assets — —

Less: Accumulated depletion — —

Land 82,501 70,634

Intangible assets (amortizable) 49,793 146,010

Less: Accumulated amortization 29,449 68,596

Other assets 514,895 100,122

Total liabilities 7,835,884 9,243,171

Accounts payable 1,113,913 1,562,170

Mortgages, notes, and bonds

payable in less than 1 year 497,927 1,300,335

Other current liabilities 474,503 827,155

Loans from stockholders 215,553 566,945

Mortgages, notes, and bonds

payable in 1 year or more 1,292,081 850,868

Other liabilities 142,980 233,803

Net worth, total 4,098,928 3,901,894

Capital stock 370,262 199,006

Paid-in or capital surplus 295,091 436,225

Retained earnings, unappropriated 3,625,173 3,388,659

Adjustments to shareholders’

equity (1) 5,258 31,240

Less: Cost of treasury stock 196,855 153,236

Goods production

Manufacturing

Leather and Wood

Item allied product

product manufacturing

(19) (20)

Number of returns 1,111 6,214

Number of shareholders 1,880 13,885

Total assets 1,468,300 14,451,896

Cash 194,737 1,177,734

Notes and accounts receivable 390,723 2,378,162

Less: Allowance for bad debts 6,967 37,758

Inventories 547,303 3,349,695

Investments in

Government obligations 755 * 29,435

Tax-exempt securities 5 2,114

Other current assets 53,419 509,845

Loans to shareholders * 4,764 68,987

Mortgage and real estate loans — 95,079

Other investments 60,008 949,581

Depreciable assets 583,465 8,945,777

Less: Accumulated depreciation 404,829 5,192,080

Depletable assets * 321 1,301,434

Less: Accumulated depletion * 321 * 12,550

Land 18,397 352,969

Intangible assets (amortizable) 26,621 152,877

Less: Accumulated amortization 18,662 36,999

Other assets 18,562 417,594

Total liabilities 1,468,300 14,451,896

Accounts payable 176,395 1,168,305

Mortgages, notes, and bonds

payable in less than 1 year 171,403 1,583,800

Other current liabilities 104,176 1,259,555

Loans from stockholders 305,641 679,053

Mortgages, notes, and bonds

payable in 1 year or more 317,348 2,203,754

Other liabilities * 2,989 404,663

Net worth, total 390,348 7,152,766

Capital stock 110,029 368,886

Paid-in or capital surplus 25,766 534,083

Retained earnings, unappropriated 337,967 6,654,308

Adjustments to shareholders’

equity (1) * -93 * -5,622

Less: Cost of treasury stock 83,321 398,890

Goods production

Manufacturing

Printing

Item Paper and related

manufacturing support

activities

(21) (22)

Number of returns 1,718 19,212

Number of shareholders 6,100 35,741

Total assets 11,438,301 14,982,757

Cash 680,597 1,410,502

Notes and accounts receivable 1,980,792 3,908,654

Less: Allowance for bad debts 31,942 63,213

Inventories 1,515,488 1,418,655

Investments in

Government obligations 25,954 37,301

Tax-exempt securities 20,212 * 42,249

Other current assets 340,322 589,382

Loans to shareholders 52,247 134,435

Mortgage and real estate loans * 11,780 * 10,103

Other investments 2,094,919 969,534

Depreciable assets 8,308,261 13,445,990

Less: Accumulated depreciation 4,479,169 7,901,495

Depletable assets 464,874 —

Less: Accumulated depletion 21,100 —

Land 144,761 146,999

Intangible assets (amortizable) 148,494 704,431

Less: Accumulated amortization 35,281 210,054

Other assets 217,091 339,285

Total liabilities 11,438,301 14,982,757

Accounts payable 1,207,117 1,904,284

Mortgages, notes, and bonds

payable in less than 1 year 708,599 1,687,472

Other current liabilities 536,709 1,237,163

Loans from stockholders 293,837 928,385

Mortgages, notes, and bonds

payable in 1 year or more 3,029,992 3,464,817

Other liabilities 345,702 265,096

Net worth, total 5,316,345 5,495,540

Capital stock 129,480 330,414

Paid-in or capital surplus 1,704,962 464,701

Retained earnings, unappropriated 3,665,302 5,002,227

Adjustments to shareholders’

equity (1) 864 -24,699

Less: Cost of treasury stock 184,263 277,103

Goods production

Manufacturing

Petroleum

Item and coal Chemical

products manufacturing

manufacturing

(23) (24)

Number of returns 190 3,911

Number of shareholders 461 11,832

Total assets 1,806,888 9,197,778

Cash 135,752 783,768

Notes and accounts receivable 394,918 2,484,385

Less: Allowance for bad debts 6,409 54,312

Inventories 246,386 1,827,024

Investments in

Government obligations — * 20,048

Tax-exempt securities 2,508 32,785

Other current assets 58,689 281,057

Loans to shareholders * 6,862 59,640

Mortgage and real estate loans 563 * 12,575

Other investments 164,603 919,579

Depreciable assets 1,419,028 5,437,512

Less: Accumulated depreciation 720,040 3,204,123

Depletable assets 9,007 688

Less: Accumulated depletion 3,350 290

Land 60,138 163,464

Intangible assets (amortizable) 32,447 389,179

Less: Accumulated amortization 13,565 99,034

Other assets 19,352 143,834

Total liabilities 1,806,888 9,197,778

Accounts payable 206,206 1,264,942

Mortgages, notes, and bonds

payable in less than 1 year 129,051 888,119

Other current liabilities 98,523 551,667

Loans from stockholders 107,601 849,557

Mortgages, notes, and bonds

payable in 1 year or more 408,431 1,564,220

Other liabilities 64,590 202,871

Net worth, total 792,487 3,876,402

Capital stock 4,483 223,593

Paid-in or capital surplus 18,207 468,690

Retained earnings, unappropriated 790,069 3,453,931

Adjustments to shareholders’

equity (1) * 2,384 -10,240

Less: Cost of treasury stock * 22,656 259,571

Goods production

Manufacturing

Plastics and Nonmetallic

Item rubber mineral

products products

manufacturing manufacturing

(25) (26)

Number of returns 7,066 4,727

Number of shareholders 17,857 9,928

Total assets 18,550,065 8,192,543

Cash 1,322,167 767,218

Notes and accounts receivable 5,012,928 1,913,796

Less: Allowance for bad debts 69,181 25,113

Inventories 3,266,754 1,196,788

Investments in

Government obligations 21,023 58,948

Tax-exempt securities 68,973 * 29,202

Other current assets 613,398 261,428

Loans to shareholders 128,576 59,960

Mortgage and real estate loans 3,910 * 17,467

Other investments 1,361,754 392,406

Depreciable assets 14,003,199 7,065,884

Less: Accumulated depreciation 7,886,225 4,206,300

Depletable assets 12,326 21,646

Less: Accumulated depletion 9,687 6,578

Land 187,648 280,474

Intangible assets (amortizable) 419,430 225,482

Less: Accumulated amortization 109,677 45,754

Other assets 202,749 185,590

Total liabilities 18,550,065 8,192,543

Accounts payable 2,816,490 947,083

Mortgages, notes, and bonds

payable in less than 1 year 1,624,810 753,674

Other current liabilities 1,309,688 571,676

Loans from stockholders 824,709 336,458

Mortgages, notes, and bonds

payable in 1 year or more 3,636,961 1,613,780

Other liabilities 459,042 121,073

Net worth, total 7,878,365 3,848,798

Capital stock 423,354 242,765

Paid-in or capital surplus 1,050,866 506,416

Retained earnings, unappropriated 6,623,908 3,218,097

Adjustments to shareholders’

equity (1) 34,892 -1,220

Less: Cost of treasury stock 254,655 117,260

Goods production

Manufacturing

Primary Fabricated

Item metal metal

manufacturing products

manufacturing

(27) (28)

Number of returns 2,677 27,407

Number of shareholders 7,460 62,167

Total assets 13,227,679 41,343,874

Cash 583,160 4,590,724

Notes and accounts receivable 2,906,609 10,220,994

Less: Allowance for bad debts 50,673 131,276

Inventories 2,251,556 7,958,541

Investments in

Government obligations 18,422 261,887

Tax-exempt securities 36,918 126,212

Other current assets 858,605 1,221,760

Loans to shareholders 64,438 344,067

Mortgage and real estate loans 14,647 53,605

Other investments 1,206,973 2,671,764

Depreciable assets 8,590,121 31,109,645

Less: Accumulated depreciation 4,679,471 18,777,185

Depletable assets 163,480 —

Less: Accumulated depletion 157,270 —

Land 209,361 586,175

Intangible assets (amortizable) 131,987 915,767

Less: Accumulated amortization 43,517 213,994

Other assets 1,122,332 405,187

Total liabilities 13,227,679 41,343,874

Accounts payable 1,802,016 4,946,324

Mortgages, notes, and bonds

payable in less than 1 year 884,846 3,826,550

Other current liabilities 904,583 2,990,867

Loans from stockholders 229,574 2,086,794

Mortgages, notes, and bonds

payable in 1 year or more 4,152,380 7,148,147

Other liabilities 895,889 834,739

Net worth, total 4,358,393 19,510,452

Capital stock 373,464 1,008,209

Paid-in or capital surplus 372,006 1,667,157

Retained earnings, unappropriated 3,956,183 18,124,209

Adjustments to shareholders’

equity (1) * 4,698 32,819

Less: Cost of treasury stock 347,958 1,321,943

Goods production

Manufacturing

Computer

Item Machinery and electronic

manufacturing products

manufacturing

(29) (30)

Number of returns 9,362 5,457

Number of shareholders 24,955 13,683

Total assets 16,528,776 9,889,622

Cash 1,768,465 1,044,852

Notes and accounts receivable 4,624,446 2,598,330

Less: Allowance for bad debts 40,737 50,303

Inventories 3,872,704 2,212,216

Investments in

Government obligations 89,947 57,679

Tax-exempt securities 61,466 * 120,266

Other current assets 462,110 507,781

Loans to shareholders 107,876 161,787

Mortgage and real estate loans 10,412 2,181

Other investments 790,005 943,002

Depreciable assets 10,199,280 4,697,939

Less: Accumulated depreciation 6,172,467 2,834,880

Depletable assets * 2,523 —

Less: Accumulated depletion * 151 —

Land 205,515 101,978

Intangible assets (amortizable) 357,909 224,532

Less: Accumulated amortization 99,841 102,703

Other assets 289,315 204,965

Total liabilities 16,528,776 9,889,622

Accounts payable 1,975,538 1,505,567

Mortgages, notes, and bonds

payable in less than 1 year 1,722,078 937,987

Other current liabilities 1,837,893 1,057,341

Loans from stockholders 951,348 767,019

Mortgages, notes, and bonds

payable in 1 year or more 2,570,357 1,087,581

Other liabilities 357,888 194,722

Net worth, total 7,113,674 4,339,405

Capital stock 522,022 153,424

Paid-in or capital surplus 632,114 1,010,781

Retained earnings, unappropriated 6,441,060 3,398,556

Adjustments to shareholders’

equity (1) -3,150 8,579

Less: Cost of treasury stock 478,373 231,934

Goods production

Manufacturing

Electrical

Item equipment, Transportation

appliance, and equipment

component manufacturing

manufacturing

(31) (32)

Number of returns 5,394 5,554

Number of shareholders 11,221 10,513

Total assets 12,724,642 13,361,503

Cash 1,033,609 1,321,102

Notes and accounts receivable 3,098,444 2,926,450

Less: Allowance for bad debts 53,556 40,522

Inventories 2,731,642 3,771,955

Investments in

Government obligations 18,443 * 218,128

Tax-exempt securities 36,614 * 13,435

Other current assets 370,641 446,118

Loans to shareholders 85,421 156,032

Mortgage and real estate loans * 8,490 1,835

Other investments 2,428,854 926,221

Depreciable assets 5,786,565 6,197,611

Less: Accumulated depreciation 3,246,084 3,248,877

Depletable assets 1,881 33

Less: Accumulated depletion 1,780 33

Land 163,907 136,038

Intangible assets (amortizable) 209,707 371,450

Less: Accumulated amortization 81,907 113,203

Other assets 133,751 277,730

Total liabilities 12,724,642 13,361,503

Accounts payable 1,502,195 1,846,607

Mortgages, notes, and bonds

payable in less than 1 year 801,033 1,419,773

Other current liabilities 1,266,485 1,374,216

Loans from stockholders 292,022 469,469

Mortgages, notes, and bonds

payable in 1 year or more 1,901,542 2,111,385

Other liabilities 380,759 410,062

Net worth, total 6,580,607 5,729,991

Capital stock 243,983 280,296

Paid-in or capital surplus 523,135 638,224

Retained earnings, unappropriated 5,985,726 4,939,467

Adjustments to shareholders’

equity (1) 43,637 -429

Less: Cost of treasury stock 215,875 127,566

Goods production

Manufacturing

Furniture

Item and related Miscellaneous

products manufacturing

manufacturing

(33) (34)

Number of returns 4,371 21,137

Number of shareholders 9,297 48,526

Total assets 6,209,293 19,392,030

Cash 636,226 1,662,787

Notes and accounts receivable 1,669,010 5,526,990

Less: Allowance for bad debts 29,600 115,048

Inventories 1,486,130 4,991,172

Investments in

Government obligations * 23,232 * 45,453

Tax-exempt securities * 40,448 * 22,878

Other current assets 169,382 816,210

Loans to shareholders 41,398 257,340

Mortgage and real estate loans 3,610 * 44,766

Other investments 332,978 1,124,499

Depreciable assets 3,584,483 9,977,419

Less: Accumulated depreciation 2,092,011 5,982,059

Depletable assets 131 667

Less: Accumulated depletion — 650

Land 104,275 193,623

Intangible assets (amortizable) 198,437 543,724

Less: Accumulated amortization 34,762 221,307

Other assets 75,927 503,567

Total liabilities 6,209,293 19,392,030

Accounts payable 712,700 2,625,003

Mortgages, notes, and bonds

payable in less than 1 year 606,213 2,140,376

Other current liabilities 590,958 1,807,261

Loans from stockholders 436,877 979,975

Mortgages, notes, and bonds

payable in 1 year or more 983,518 3,333,032

Other liabilities 66,493 329,886

Net worth, total 2,812,534 8,176,496

Capital stock 184,637 667,682

Paid-in or capital surplus 352,511 885,546

Retained earnings, unappropriated 2,277,784 7,122,173

Adjustments to shareholders’

equity (1) 36,781 -126,671

Less: Cost of treasury stock 39,180 372,234

Distribution and

transportation of goods

Wholesale and

retail trade

Item Total Total

(35) (36)

Number of returns 581,118 493,598

Number of shareholders 1,042,248 890,601

Total assets 432,128,370 388,637,867

Cash 40,566,769 37,007,929

Notes and accounts receivable 90,872,714 83,438,552

Less: Allowance for bad debts 1,226,067 1,132,309

Inventories 152,526,709 151,626,283

Investments in

Government obligations 905,931 803,443

Tax-exempt securities 935,503 903,325

Other current assets 15,290,773 13,043,241

Loans to shareholders 5,486,846 4,320,730

Mortgage and real estate loans 997,950 840,317

Other investments 22,098,100 19,169,286

Depreciable assets 176,249,919 130,754,762

Less: Accumulated depreciation 96,012,706 72,963,952

Depletable assets 290,363 176,413

Less: Accumulated depletion 168,579 99,919

Land 8,440,771 7,597,965

Intangible assets (amortizable) 12,347,959 11,464,373

Less: Accumulated amortization 3,952,954 3,704,158

Other assets 6,478,370 5,391,587

Total liabilities 432,128,370 388,637,867

Accounts payable 75,085,023 71,085,730

Mortgages, notes, and bonds

payable in less than 1 year 90,867,422 85,904,141

Other current liabilities 32,714,816 29,825,291

Loans from stockholders 38,995,716 34,414,361

Mortgages, notes, and bonds

payable in 1 year or more 69,316,287 54,524,964

Other liabilities 6,202,737 5,158,316

Net worth, total 118,946,369 107,725,063

Capital stock 14,214,129 12,533,678

Paid-in or capital surplus 28,051,272 21,191,777

Retained earnings, unappropriated 83,415,325 80,021,388

Adjustments to shareholders’

equity (1) 236,615 163,419

Less: Cost of treasury stock 6,970,972 6,185,198

Distribution and

transportation of goods

Wholesale and retail trade

Wholesale trade

Item Total Durable goods

(37) (38)

Number of returns 160,561 99,185

Number of shareholders 306,088 188,825

Total assets 178,892,469 102,757,807

Cash 15,718,720 8,723,087

Notes and accounts receivable 55,963,341 32,423,454

Less: Allowance for bad debts 766,948 481,021

Inventories 56,380,510 36,958,551

Investments in

Government obligations 443,620 229,075

Tax-exempt securities 672,834 381,476

Other current assets 6,569,006 3,004,201

Loans to shareholders 1,806,338 1,044,415

Mortgage and real estate loans 280,413 156,136

Other investments 11,086,917 4,979,150

Depreciable assets 53,966,897 28,321,913

Less: Accumulated depreciation 30,946,417 16,013,073

Depletable assets 138,535 37,882

Less: Accumulated depletion 85,500 20,322

Land 2,411,582 1,047,770

Intangible assets (amortizable) 4,648,824 1,520,463

Less: Accumulated amortization 1,430,256 489,051

Other assets 2,034,055 933,702

Total liabilities 178,892,469 102,757,807

Accounts payable 42,835,218 24,633,514

Mortgages, notes, and bonds

payable in less than 1 year 27,433,691 16,704,835

Other current liabilities 14,239,181 8,275,395

Loans from stockholders 10,940,847 6,582,634

Mortgages, notes, and bonds

payable in 1 year or more 21,300,991 11,282,827

Other liabilities 2,033,769 1,204,056

Net worth, total 60,108,773 34,074,546

Capital stock 3,826,408 2,255,426

Paid-in or capital surplus 7,719,708 4,610,148

Retained earnings, unappropriated 51,664,514 29,054,594

Adjustments to shareholders’

equity (1) 98,233 37,476

Less: Cost of treasury stock 3,200,090 1,883,098

Distribution and

transportation of goods

Wholesale and retail trade

Wholesale Retail trade

trade

Nondurable

Item goods Total

(39) (40)

Number of returns 61,376 332,563

Number of shareholders 117,263 583,936

Total assets 76,134,662 209,450,873

Cash 6,995,633 21,266,992

Notes and accounts receivable 23,539,887 27,428,110

Less: Allowance for bad debts 285,927 364,762

Inventories 19,421,959 95,159,845

Investments in

Government obligations 214,546 359,822

Tax-exempt securities 291,358 230,491

Other current assets 3,564,805 6,457,329

Loans to shareholders 761,923 2,513,805

Mortgage and real estate loans 124,277 559,905

Other investments 6,107,767 8,035,205

Depreciable assets 25,644,984 76,679,717

Less: Accumulated depreciation 14,933,344 41,967,406

Depletable assets * 100,653 37,878

Less: Accumulated depletion * 65,178 14,419

Land 1,363,812 5,176,114

Intangible assets (amortizable) 3,128,360 6,797,926

Less: Accumulated amortization 941,205 2,272,224

Other assets 1,100,353 3,366,544

Total liabilities 76,134,662 206,450,873

Accounts payable 18,201,704 28,211,274

Mortgages, notes, and bonds

payable in less than 1 year 10,728,856 58,429,171

Other current liabilities 5,963,786 15,558,360

Loans from stockholders 4,358,213 23,401,014

Mortgages, notes, and bonds

payable in 1 year or more 10,018,164 33,182,627

Other liabilities 829,712 3,086,752

Net worth, total 26,034,227 47,581,676

Capital stock 1,570,983 8,705,346

Paid-in or capital surplus 3,109,560 13,416,135

Retained earnings, unappropriated 22,609,919 28,376,929

Adjustments to shareholders’

equity (1) 60,756 65,186

Less: Cost of treasury stock 1,316,991 2,981,920

Distribution and

transportation of goods

Wholesale and retail trade

Retail trade

Motor vehicle Furniture

Item and and home

parts dealers furnishings

(41) (42)

Number of returns 52,712 17,990

Number of shareholders 88,559 34,052

Total assets 94,134,435 11,086,536

Cash 8,252,559 1,185,145

Notes and accounts receivable 10,963,214 1,758,895

Less: Allowance for bad debts 109,330 34,359

Inventories 57,516,032 4,555,649

Investments in

Government obligations 95,098 * 31,177

Tax-exempt securities * 2,446 * 55,130

Other current assets 2,057,684 429,766

Loans to shareholders 977,022 120,981

Mortgage and real estate loans 65,586 * 11,819

Other investments 2,245,701 364,456

Depreciable assets 18,683,155 3,995,682

Less: Accumulated depreciation 9,748,327 1,996,793

Depletable assets 660 81

Less: Accumulated depletion 172 70

Land 1,378,826 260,906

Intangible assets (amortizable) 1,440,573 192,794

Less: Accumulated amortization 420,182 56,528

Other assets 733,891 211,805

Total liabilities 94,134,435 11,086,536

Accounts payable 6,030,886 2,239,444

Mortgages, notes, and bonds

payable in less than 1 year 49,428,998 781,068

Other current liabilities 5,866,551 1,579,484

Loans from stockholders 6,452,225 762,619

Mortgages, notes, and bonds

payable in 1 year or more 9,723,859 1,589,753

Other liabilities 767,688 344,032

Net worth, total 15,864,229 3,790,136

Capital stock 3,479,891 396,501

Paid-in or capital surplus 4,484,042 573,511

Retained earnings, unappropriated 8,492,493 2,896,196

Adjustments to shareholders’

equity (1) 78,641 * 24,901

Less: Cost of treasury stock 670,837 100,973

Distribution and

transportation of goods

Wholesale and retail trade

Retail trade

Building

Item Electronics material

and and garden

appliance equipment

and supplies

dealers

(43) (44)

Number of returns 16,549 21,218

Number of shareholders 32,162 40,570

Total assets 6,449,944 14,858,318

Cash 837,126 1,324,586

Notes and accounts receivable 2,077,445 3,640,989

Less: Allowance for bad debts 17,927 60,967

Inventories 1,637,570 5,452,324

Investments in

Government obligations * 11,626 * 15,104

Tax-exempt securities 19,257 * 31,250

Other current assets 334,081 354,766

Loans to shareholders 74,288 189,770

Mortgage and real estate loans * 49,297 * 73,281

Other investments 187,165 647,929

Depreciable assets 1,851,728 5,920,149

Less: Accumulated depreciation 1,021,528 3,534,267

Depletable assets — * 18,268

Less: Accumulated depletion — * 8,555

Land 57,824 460,790

Intangible assets (amortizable) 221,399 209,152

Less: Accumulated amortization 67,175 51,770

Other assets 197,768 175,517

Total liabilities 6,449,944 14,858,318

Accounts payable 2,097,540 2,730,885

Mortgages, notes, and bonds

payable in less than 1 year 563,488 1,550,189

Other current liabilities 696,401 886,529

Loans from stockholders 473,119 898,030

Mortgages, notes, and bonds

payable in 1 year or more 754,154 2,503,207

Other liabilities 185,525 231,177

Net worth, total 1,679,718 6,058,301

Capital stock 131,274 526,531

Paid-in or capital surplus 392,878 479,719

Retained earnings, unappropriated 1,240,435 5,420,202

Adjustments to shareholders’

equity (1) * -33,223 * -36

Less: Cost of treasury stock 51,646 368,114

Distribution and

transportation of goods

Wholesale and retail trade

Retail trade

Food, Health

Item beverage, and

end personal care

liquor stores

(45) (46)

Number of returns 49,049 21,455

Number of shareholders 91,966 34,867

Total assets 20,302,625 6,250,020

Cash 2,429,396 888,450

Notes and accounts receivable 1,166,812 906,240

Less: Allowance for bad debts 4,989 3,190

Inventories 4,789,905 2,219,677

Investments in

Government obligations * 25,008 —

Tax-exempt securities 29,518 * 172

Other current assets 1,115,686 139,057

Loans to shareholders 355,809 128,881

Mortgage and real estate loans 155,350 * 4,377

Other investments 1,320,040 447,704

Depreciable assets 14,809,497 2,429,873

Less: Accumulated depreciation 8,394,558 1,476,376

Depletable assets * 12,915 —

Less: Accumulated depletion * 2,105 —

Land 637,837 76,233

Intangible assets (amortizable) 1,561,707 576,448

Less: Accumulated amortization 595,503 221,898

Other assets 890,298 134,372

Total liabilities 20,302,625 6,250,020

Accounts payable 3,333,514 1,366,594

Mortgages, notes, and bonds

payable in less than 1 year 1,044,520 405,654

Other current liabilities 1,471,674 450,124

Loans from stockholders 2,674,514 711,527

Mortgages, notes, and bonds

payable in 1 year or more 5,567,012 1,450,337

Other liabilities 365,407 184,636

Net worth, total 5,845,985 1,681,147

Capital stock 1,345,789 346,277

Paid-in or capital surplus 1,120,577 706,253

Retained earnings, unappropriated 3,804,432 923,367

Adjustments to shareholders’

equity (1) 59,567 * 36,984

Less: Cost of treasury stock 484,381 331,735

Distribution and

transportation of goods

Wholesale and retail trade

Retail trade

Clothing and

Item Gasoline clothing

stations accessories

stores

(47) (48)

Number of returns 19,335 26,412

Number of shareholders 35,531 43,008

Total assets 13,313,478 7,550,203

Cash 1,251,787 946,726

Notes and accounts receivable 1,065,678 695,731

Less: Allowance for bad debts 7,129 9,702

Inventories 1,526,219 3,925,014

Investments in

Government obligations * 15,783 6,208

Tax-exempt securities 939 * 69,268

Other current assets 531,478 278,070

Loans to shareholders 89,584 106,021

Mortgage and real estate loans 83,839 * 11,739

Other investments 654,566 186,318

Depreciable assets 10,847,979 2,501,835

Less: Accumulated depreciation 5,125,079 1,471,750

Depletable assets * 2,327 —

Less: Accumulated depletion * 2,129 —

Land 1,537,047 99,664

Intangible assets (amortizable) 1,003,906 147,342

Less: Accumulated amortization 259,495 57,409

Other assets 96,177 115,129

Total liabilities 13,313,478 7,550,203

Accounts payable 1,747,360 1,708,689

Mortgages, notes, and bonds

payable in less than 1 year 483,904 630,148

Other current liabilities 768,569 534,649

Loans from stockholders 1,047,421 994,276

Mortgages, notes, and bonds

payable in 1 year or more 4,774,244 1,037,582

Other liabilities 200,962 127,342

Net worth, total 4,290,999 2,517,517

Capital stock 570,572 352,497

Paid-in or capital surplus 854,167 1,057,420

Retained earnings, unappropriated 3,005,911 1,243,844

Adjustments to shareholders’

equity (1) 1,178 * 1,479

Less: Cost of treasury stock 140,830 137,724

Distribution and

transportation of goods

Wholesale and retail trade

Retail trade

Item Sporting

goods, General

hobby, book merchandise

and music

(49) (50)

Number of returns 20,474 5,435

Number of shareholders 39,065 9,945

Total assets 5,458,727 3,028,838

Cash 584,265 313,773

Notes and accounts receivable 583,269 499,168

Less: Allowance for bad debts 13,135 2,824

Inventories 2,807,209 1,245,685

Investments in

Government obligations — 10,694

Tax-exempt securities 12,003 1,675

Other current assets 109,308 91,316

Loans to shareholders 50,041 29,836

Mortgage and real estate loans 673 1,546

Other investments 177,459 139,129

Depreciable assets 2,234,292 1,157,139

Less: Accumulated depreciation 1,293,614 641,245

Depletable assets — —

Less: Accumulated depletion — —

Land 82,219 83,117

Intangible assets (amortizable) 101,732 35,052

Less: Accumulated amortization 38,567 18,267

Other assets 61,572 83,044

Total liabilities 5,458,727 3,028,838

Accounts payable 1,546,019 548,449

Mortgages, notes, and bonds

payable in less than 1 year 401,248 125,791

Other current liabilities 413,899 247,384

Loans from stockholders 1,198,271 313,382

Mortgages, notes, and bonds

payable in 1 year or more 913,934 475,221

Other liabilities 74,502 73,635

Net worth, total 910,854 1,244,977

Capital stock 350,705 128,203

Paid-in or capital surplus 1,204,114 220,912

Retained earnings, unappropriated -583,193 958,346

Adjustments to shareholders’

equity (1) * 44,257 86

Less: Cost of treasury stock 105,029 62,570

Distribution and

transportation of goods

Wholesale and retail trade

Retail trade

Item Miscellaneous Nonstore

store retailers

retailers

(51) (52)

Number of returns 61,277 20,656

Number of shareholders 99,548 34,662

Total assets 17,703,244 9,314,501

Cash 2,190,490 1,062,689

Notes and accounts receivable 2,197,588 1,873,082

Less: Allowance for bad debts 15,847 85,363

Inventories 7,621,066 1,863,495

Investments in

Government obligations * 14,410 134,715

Tax-exempt securities 499 * 8,335

Other current assets 448,894 567,222

Loans to shareholders 243,757 147,816

Mortgage and real estate loans * 49,474 * 52,923

Other investments 660,625 1,004,112

Depreciable assets 7,176,118 5,072,269

Less: Accumulated depreciation 4,136,096 3,127,772

Depletable assets * 1,928 1,699

Less: Accumulated depletion * 12 1,376

Land 391,572 110,079

Intangible assets (amortizable) 744,587 563,235

Less: Accumulated amortization 234,955 250,475

Other assets 349,153 317,817

Total liabilities 17,703,248 11,314,501

Accounts payable 3,259,968 1,601,926

Mortgages, notes, and bonds

payable in less than 1 year 1,992,468 1,021,697

Other current liabilities 1,709,646 933,430

Loans from stockholders 2,793,787 5,081,842

Mortgages, notes, and bonds

payable in 1 year or more 2,870,873 1,522,452

Other liabilities 299,572 232,275

Net worth, total 4,776,934 -1,079,121

Capital stock 697,578 379,528

Paid-in or capital surplus 1,517,386 805,157

Retained earnings, unappropriated 2,921,952 -1,947,057

Adjustments to shareholders’

equity (1) * -105,429 * -43,221

Less: Cost of treasury stock 254,552 273,528

Distribution and

transportation of goods

Wholesale and Transportation

retail trade and

warehousing

Retail

trade

Wholesale

Item and retail Total

trade

not allocable

(53) (54)

Number of returns 474 87,520

Number of shareholders 577 151,647

Total assets 294,526 43,490,503

Cash 22,216 3,558,840

Notes and accounts receivable 47,101 7,434,163

Less: Allowance for bad debts 599 93,759

Inventories 85,928 900,426

Investments in

Government obligations — 102,488

Tax-exempt securities — 32,178

Other current assets 16,905 2,247,533

Loans to shareholders 587 1,166,116

Mortgage and real estate loans — 157,633

Other investments * 47,164 2,928,814

Depreciable assets 108,148 45,495,157

Less: Accumulated depreciation 50,130 23,048,754

Depletable assets — * 113,950

Less: Accumulated depletion — * 68,660

Land 10,270 842,806

Intangible assets (amortizable) * 17,624 883,586

Less: Accumulated amortization * 1,677 248,796

Other assets * -9,011 1,086,783

Total liabilities 294,526 43,490,503

Accounts payable 39,238 3,999,292

Mortgages, notes, and bonds

payable in less than 1 year * 41,280 4,963,282

Other current liabilities 27,750 2,889,524

Loans from stockholders * 72,500 4,581,355

Mortgages, notes, and bonds

payable in 1 year or more 41,347 14,791,323

Other liabilities 37,796 1,044,421

Net worth, total 34,615 11,221,306

Capital stock 1,924 1,680,451

Paid-in or capital surplus * 55,934 6,859,496

Retained earnings, unappropriated -20,055 3,393,937

Adjustments to shareholders*

equity (1) — 73,196

Less: Cost of treasury stock 3,188 785,774

Distribution and

transportation of goods

Transportation and warehousing

Air, rail

Item and water Truck

transportation transportation

(55) (56)

Number of returns 6,707 45,243

Number of shareholders 10,226 79,463

Total assets 10,378,184 17,914,063

Cash 528,905 1,367,225

Notes and accounts receivable 837,343 3,693,985

Less: Allowance for bad debts 13,625 57,100

Inventories 246,113 153,179

Investments in

Government obligations 26,219 15,089

Tax-exempt securities 5,310 * 14,017

Other current assets 409,026 997,849

Loans to shareholders 327,343 518,520

Mortgage and real estate loans * 46,854 * 27,358

Other investments 886,550 772,990

Depreciable assets 11,146,772 21,129,391

Less: Accumulated depreciation 4,488,572 11,480,804

Depletable assets 56 * 110,690

Less: Accumulated depletion 15 * 65,688

Land 43,646 361,751

Intangible assets (amortizable) 62,696 207,570

Less: Accumulated amortization 22,680 73,271

Other assets 336,044 221,311

Total liabilities 10,378,184 17,914,063

Accounts payable 581,225 1,646,183

Mortgages, notes, and bonds

payable in less than 1 year 646,122 2,568,851

Other current liabilities 492,682 1,260,080

Loans from stockholders 2,017,005 816,864

Mortgages, notes, and bonds

payable in 1 year or more 4,185,737 6,408,981

Other liabilities 411,109 157,909

Net worth, total 2,044,304 5,055,176

Capital stock 813,264 402,531

Paid-in or capital surplus 4,052,114 641,280

Retained earnings, unappropriated -2,610,645 4,148,121

Adjustments to shareholders*

equity (1) -2,900 27,251

Less: Cost of treasury stock 207,529 164,007

Distribution and

transportation of goods

Transportation and warehousing

Item Transit and

ground Pipeline

passenger transportation

transportation

(57) (58)

Number of returns 10,091 * 201

Number of shareholders 12,461 * 452

Total assets 2,960,645 * 411,561

Cash 261,535 * 71,268

Notes and accounts receivable 444,071 * 75,447

Less: Allowance for bad debts * 1,158 —

Inventories 20,695 * 822

Investments in

Government obligations — —

Tax-exempt securities * 1 —

Other current assets 144,605 * 1,258

Loans to shareholders 115,778 * 6,889

Mortgage and real estate loans 1,605 —

Other investments 143,241 * 75,492

Depreciable assets 3,108,645 * 229,184

Less: Accumulated depreciation 1,780,802 * 105,847

Depletable assets — —

Less: Accumulated depletion — —

Land 30,813 131

Intangible assets (amortizable) 154,008 * 57,820

Less: Accumulated amortization 30,127 * 15,909

Other assets 349,735 15,007

Total liabilities 2,960,645 * 411,561

Accounts payable 284,602 * 87,081

Mortgages, notes, and bonds

payable in less than 1 year 525,793 * 32,613

Other current liabilities 193,269 * 17,841

Loans from stockholders 218,783 * 3,125

Mortgages, notes, and bonds

payable in 1 year or more 1,050,009 * 73,690

Other liabilities 38,363 * 168,782

Net worth, total 649,825 * 28,493

Capital stock 167,222 * 335

Paid-in or capital surplus 149,667 * 86,225

Retained earnings, unappropriated 471,153 * 13,929

Adjustments to shareholders’

equity (1) * -3,992 -160

Less: Cost of treasury stock * 134,225 * 71,835

Distribution and

transportation of goods

Transportation and warehousing

Item Other

transportation Warehousing

and support and

activities storage

(59) (60)

Number of returns 22,292 2,986

Number of shareholders 37,392 11,654

Total assets 7,577,678 4,248,371

Cash 948,702 381,205

Notes and accounts receivable 1,823,395 559,923

Less: Allowance for bad debts 19,701 2,175

Inventories 335,767 143,850

Investments in

Government obligations * 9,037 * 52,143

Tax-exempt securities 11,141 1,709

Other current assets 522,844 171,950

Loans to shareholders 103,040 94,547

Mortgage and real estate loans * 14,830 * 66,986

Other investments 605,247 445,294

Depreciable assets 6,117,034 3,766,129

Less: Accumulated depreciation 3,361,758 1,830,971

Depletable assets 2,523 681

Less: Accumulated depletion 2,358 599

Land 139,461 266,804

Intangible assets (amortizable) 308,960 92,532

Less: Accumulated amortization 70,966 35,844

Other assets 90,477 74,208

Total liabilities 7,577,678 4,248,371

Accounts payable 1,086,640 313,624

Mortgages, notes, and bonds

payable in less than 1 year 848,634 341,269

Other current liabilities 617,772 307,881

Loans from stockholders 1,456,081 69,477

Mortgages, notes, and bonds

payable in 1 year or more 1,718,358 1,354,548

Other liabilities 115,508 152,751

Net worth, total 1,734,685 1,708,822

Capital stock 211,451 85,647

Paid-in or capital surplus 1,707,112 223,098

Retained earnings, unappropriated -96,083 1,467,463

Adjustments to shareholders’

equity (1) * -1,319 54,317

Less: Cost of treasury stock 86,474 121,703

Information

Item Total Publishing

industries

(61) (62)

Number of returns 58,468 16,151

Number of shareholders 116,157 34,590

Total assets 40,684,137 15,332,200

Cash 4,412,796 1,626,100

Notes and accounts receivable 5,516,173 2,659,399

Less: Allowance for bad debts 252,608 179,421

Inventories 1,351,268 837,520

Investments in

Government obligations 202,688 119,847

Tax-exempt securities 381,574 106,758

Other current assets 5,272,027 986,048

Loans to shareholders 1,081,638 327,759

Mortgage and real estate loans 36,835 * 8,156

Other investments 9,986,954 4,723,948

Depreciable assets 17,866,630 5,317,217

Less: Accumulated depreciation 10,607,042 3,206,887

Depletable assets 314 —

Less: Accumulated depletion 72 —

Land 541,989 187,587

Intangible assets (amortizable) 5,168,411 1,927,862

Less: Accumulated amortization 1,769,825 593,948

Other assets 1,494,388 484,254

Total liabilities 40,684,137 15,332,200

Accounts payable 2,940,009 1,409,009

Mortgages, notes, and bonds

payable in less than 1 year 2,121,527 752,859

Other current liabilities 4,884,793 2,686,375

Loans from stockholders 3,953,689 879,790

Mortgages, notes, and bonds

payable in 1 year or more 8,201,753 2,073,625

Other liabilities 2,053,204 1,193,671

Net worth, total 16,529,163 6,336,870

Capital stock 1,861,370 1,060,993

Paid-in or capital surplus 7,908,518 1,416,665

Retained earnings, unappropriated 7,494,230 4,268,562

Adjustments to shareholders’

equity (1) 135,389 96,893

Less: Cost of treasury stock 870,344 506,244

Information

Motion

picture Broadcasting

and sound and telecom-

recording munications

Item industries

(63) (64)

Number of returns 14,522 17,402

Number of shareholders 22,381 40,413

Total assets 6,556,187 18,541,366

Cash 722,407 1,594,823

Notes and accounts receivable 678,956 1,831,692

Less: Allowance for bad debts 4,869 65,229

Inventories 295,579 209,558

Investments in

Government obligations * 27,964 54,876

Tax-exempt securities 13,874 256,754

Other current assets 698,193 2,888,376

Loans to shareholders 280,441 471,907

Mortgage and real estate loans * 20,640 8,039

Other investments 1,283,170 3,721,579

Depreciable assets 5,025,125 6,695,805

Less: Accumulated depreciation 3,256,727 3,673,900

Depletable assets — 314

Less: Accumulated depletion — 72

Land 163,178 177,172

Intangible assets (amortizable) 839,082 2,331,998

Less: Accumulated amortization 510,049 613,072

Other assets 279,223 648,747

Total liabilities 6,556,187 16,541,366

Accounts payable 464,778 925,052

Mortgages, notes, and bonds

payable in less than 1 year 364,327 808,587

Other current liabilities 635,416 1,070,096

Loans from stockholders 1,625,733 1,041,497

Mortgages, notes, and bonds

payable in 1 year or more 1,480,151 4,215,578

Other liabilities 274,762 515,924

Net worth, total 1,691,020 7,964,631

Capital stock 191,372 529,596

Paid-in or capital surplus 1,433,688 4,345,546

Retained earnings, unappropriated 91,580 3,382,669

Adjustments to shareholders’

equity (1) 1,479 37,016

Less: Cost of treasury stock 27,099 330,196

Information Finance,

insurance,

real estate

and rental

and leasing

Information

services

Item and data Total

processing

services

(65) (66)

Number of returns 10,394 410,939

Number of shareholders 18,774 891,865

Total assets 2,254,384 284,564,742

Cash 469,466 24,085,995

Notes and accounts receivable 346,126 43,800,363

Less: Allowance for bad debts 3,090 481,529

Inventories 8,611 1,273,341

Investments in

Government obligations — 7,853,434

Tax-exempt securities 2,188 1,627,674

Other current assets 699,410 20,535,151

Loans to shareholders * 1,532 5,936,458

Mortgage and real estate loans — 18,901,165

Other investments 258,256 42,198,073

Depreciable assets 828,483 139,765,429

Less: Accumulated depreciation 469,528 54,772,250

Depletable assets — 181,130

Less: Accumulated depletion — 25,018

Land 14,052 24,493,780

Intangible assets (amortizable) 69,469 4,940,691

Less: Accumulated amortization 52,755 1,789,882

Other assets 82,165 6,040,736

Total liabilities 2,254,384 284,564,742

Accounts payable 141,170 17,763,193

Mortgages, notes, and bonds

payable in less than 1 year 175,753 24,360,848

Other current liabilities 492,905 45,197,474

Loans from stockholders 406,670 26,222,210

Mortgages, notes, and bonds

payable in 1 year or more 432,398 92,935,803

Other liabilities 68,846 11,573,040

Net worth, total 536,642 66,512,174

Capital stock 79,409 13,267,595

Paid-in or capital surplus 712,619 34,526,497

Retained earnings, unappropriated -248,580 20,994,521

Adjustments to shareholders’

equity (1) — 125,935

Less: Cost of treasury stock * 6,805 2,402,374

Finance, insurance, real

estate, and rental and

leasing

Finance and insurance

Depository

credit

Item Total inter-

mediation

(67) (68)

Number of returns 103,754 1,044

Number of shareholders 181,455 9,062

Total assets 112,643,038 32,019,470

Cash 12,662,818 1,770,266

Notes and accounts receivable 35,280,921 12,604,583

Less: Allowance for bad debts 415,441 181,230

Inventories 27 —

Investments in

Government obligations 7,123,052 4,373,843

Tax-exempt securities 1,418,461 976,044

Other current assets 9,201,239 554,011

Loans to shareholders 1,423,878 * 22,397

Mortgage and real estate loans 14,444,727 7,372,251

Other investments 22,390,614 3,568,478

Depreciable assets 9,493,906 928,334

Less: Accumulated depreciation 5,055,150 405,524

Depletable assets 126,067 525

Less: Accumulated depletion * 15,605 —

Land 471,321 88,616

Intangible assets (amortizable) 2,349,225 98,157

Less: Accumulated amortization 892,364 44,186

Other assets 2,635,343 294,904

Total liabilities 112,643,038 32,019,470

Accounts payable 13,928,831 1,186,947

Mortgages, notes, and bonds

payable in less than 1 year 12,008,110 749,268

Other current liabilities 38,708,092 25,187,049

Loans from stockholders 4,395,754 22,338

Mortgages, notes, and bonds

payable in 1 year or more 13,752,230 1,084,421

Other liabilities 4,036,715 237,385

Net worth, total 25,813,307 3,552,062

Capital stock 2,259,670 236,632

Paid-in or capital surplus 10,070,325 782,059

Retained earnings, unappropriated 14,164,312 2,599,013

Adjustments to shareholders’

equity (1) 51,433 -31,918

Less: Cost of treasury stock 732,433 33,725

Finance, insurance, real

estate, and rental and

leasing

Finance and insurance

Securities

commodity

Non- contracts,

Item depository other

credit inter- financial

mediation investments,

and related

activities

(69) (70)

Number of returns 23,720 22,976

Number of shareholders 40,820 41,607

Total assets 27,709,651 36,538,892

Cash 2,717,311 4,552,739

Notes and accounts receivable 11,460,867 7,682,609

Less: Allowance for bad debts 206,456 14,213

Inventories 22 —

Investments in

Government obligations 25,727 2,586,800

Tax-exempt securities 2,821 344,638

Other current assets 2,043,141 5,154,175

Loans to shareholders 256,687 332,679

Mortgage and real estate loans 6,605,392 172,121

Other investments 2,908,312 12,515,272

Depreciable assets 1,777,073 3,203,443

Less: Accumulated depreciation 793,693 1,667,421

Depletable assets 243 * 124,987

Less: Accumulated depletion — * 15,293

Land 89,377 137,291

Intangible assets (amortizable) 375,075 353,092

Less: Accumulated amortization 141,757 115,244

Other assets 589,510 1,191,218

Total liabilities 27,709,651 36,538,892

Accounts payable 888,082 7,470,857

Mortgages, notes, and bonds

payable in less than 1 year 7,160,367 3,009,997

Other current liabilities 3,749,211 7,284,376

Loans from stockholders 2,257,094 1,135,711

Mortgages, notes, and bonds

payable in 1 year or more 8,037,848 2,543,149

Other liabilities 1,117,864 2,172,050

Net worth, total 4,499,185 12,922,752

Capital stock 631,732 993,802

Paid-in or capital surplus 1,608,135 6,002,799

Retained earnings, unappropriated 2,349,139 6,113,232

Adjustments to shareholders’

equity (1) -44,577 97,504

Less: Cost of treasury stock 45,243 264,584

Finance, insurance, real

estate, and rental and

leasing

Finance and insurance

Other

Insurance financial

carriers and vehicles and

related other

Item activities investment

companies

(71) (72)

Number of returns 49,897 6,116

Number of shareholders 77,905 12,062

Total assets 12,600,786 3,774,239

Cash 3,454,675 167,827

Notes and accounts receivable 3,333,458 199,404

Less: Allowance for bad debts 13,543 —

Inventories — 4

Investments in

Government obligations 136,682 —

Tax-exempt securities * 71,927 23,030

Other current assets 973,588 476,324

Loans to shareholders 615,240 196,875

Mortgage and real estate loans * 34,578 260,385

Other investments 1,325,838 2,072,714

Depreciable assets 3,359,935 225,122

Less: Accumulated depreciation 2,089,485 99,027

Depletable assets * 311 —

Less: Accumulated depletion * 311 —

Land 141,158 14,878

Intangible assets (amortizable) 1,505,586 19,315

Less: Accumulated amortization 589,314 1,862

Other assets 340,463 219,248

Total liabilities 12,600,786 3,774,239

Accounts payable 4,250,886 132,059

Mortgages, notes, and bonds

payable in less than 1 year 815,193 273,285

Other current liabilities 2,207,939 279,517

Loans from stockholders 655,171 325,440

Mortgages, notes, and bonds

payable in 1 year or more 1,661,682 425,130

Other liabilities 365,097 144,319

Net worth, total 2,644,818 2,194,489

Capital stock 255,685 141,819

Paid-in or capital surplus 715,740 961,592

Retained earnings, unappropriated 2,026,241 1,076,687

Adjustments to shareholders’

equity (1) -14,830 45,254

Less: Cost of treasury stock 338,018 * 30,863

Finance, insurance, real

estate, and rental and

leasing

Real estate and rental

and leasing

Real

Item Total estate

(73) (74)

Number of returns 307,185 278,203

Number of shareholders 710,410 648,869

Total assets 171,921,705 148,930,797

Cash 11,423,177 10,057,973

Notes and accounts receivable 8,519,443 6,097,420

Less: Allowance for bad debts 66,088 30,491

Inventories 1,273,315 102,735

Investments in

Government obligations 730,382 723,149

Tax-exempt securities 209,214 207,706

Other current assets 11,333,912 10,334,904

Loans to shareholders 4,512,581 3,904,724

Mortgage and real estate loans 4,456,439 4,392,160

Other investments 19,807,459 18,049,711

Depreciable assets 130,271,522 102,097,732

Less: Accumulated depreciation 49,717,100 34,644,985

Depletable assets 55,063 55,063

Less: Accumulated depletion 9,413 9,413

Land 24,022,459 23,674,711

Intangible assets (amortizable) 2,591,466 2,197,375

Less: Accumulated amortization 897,518 789,982

Other assets 3,405,393 2,510,304

Total liabilities 171,921,705 148,930,797

Accounts payable 3,834,362 2,828,446

Mortgages, notes, and bonds

payable in less than 1 year 12,352,739 8,591,904

Other current liabilities 6,489,382 5,452,034

Loans from stockholders 21,826,456 20,061,722

Mortgages, notes, and bonds

payable in 1 year or more 79,183,573 70,052,375

Other liabilities 7,536,326 7,139,200

Net worth, total 40,698,867 34,805,116

Capital stock 11,007,926 10,267,945

Paid-in or capital surplus 24,456,172 21,286,183

Retained earnings, unappropriated 6,830,209 4,667,071

Adjustments to shareholders’

equity (1) 74,503 88,480

Less: Cost of treasury stock 1,669,941 1,504,562

Finance, insurance, real

estate, and rental and

leasing

Real estate and rental

and leasing

Rental Lessors of

Item and leasing nonfinancial

services intangible

assets

(75) (76)

Number of returns 28,412 571

Number of shareholders 60,725 815

Total assets 22,670,021 320,887

Cash 1,345,773 19,431

Notes and accounts receivable 2,393,817 * 28,206

Less: Allowance for bad debts 32,627 2,971

Inventories 1,169,044 1,536

Investments in

Government obligations 7,233 —

Tax-exempt securities 1,508 —

Other current assets 996,366 2,643

Loans to shareholders 488,741 * 119,116

Mortgage and real estate loans 64,279 —

Other investments 1,714,764 42,984

Depreciable assets 28,120,145 53,646

Less: Accumulated depreciation 15,041,969 30,145

Depletable assets — —

Less: Accumulated depletion — —

Land 345,229 2,519

Intangible assets (amortizable) 287,875 * 106,216

Less: Accumulated amortization 80,241 * 27,295

Other assets 890,086 * 5,003

Total liabilities 22,670,021 320,887

Accounts payable 998,881 7,035

Mortgages, notes, and bonds

payable in less than 1 year 3,749,582 11,253

Other current liabilities 1,023,054 * 14,294

Loans from stockholders 1,764,733 —

Mortgages, notes, and bonds

payable in 1 year or more 9,025,742 * 105,456

Other liabilities 394,958 2,167

Net worth, total 5,713,071 180,681

Capital stock 738,668 1,313

Paid-in or capital surplus 3,159,273 10,717

Retained earnings, unappropriated 1,990,670 172,468

Adjustments to shareholders’

equity (1) -13,977 —

Less: Cost of treasury stock 161,563 3,818

Professional and

business services

Professional,

scientific,

Item Total and technical

services

(77) (78)

Number of returns 551,096 397,693

Number of shareholders 920,385 638,538

Total assets 221,176,187 64,150,140

Cash 24,636,400 13,480,899

Notes and accounts receivable 81,273,159 15,650,760

Less: Allowance for bad debts 1,016,396 150,316

Inventories 2,876,462 2,178,877

Investments in

Government obligations 16,349,262 386,030

Tax-exempt securities 4,450,031 122,396

Other current assets 11,029,214 4,768,107

Loans to shareholders 4,187,610 2,752,248

Mortgage and real estate loans 3,799,706 223,609

Other investments 43,914,618 8,271,584

Depreciable assets 50,290,871 29,664,020

Less: Accumulated depreciation 29,999,411 18,148,229

Depletable assets 47,215 * 4,006

Less: Accumulated depletion 23,957 * 512

Land 1,977,646 861,593

Intangible assets (amortizable) 5,653,009 2,975,803

Less: Accumulated amortization 1,903,557 953,098

Other assets 3,634,308 2,082,363

Total liabilities 221,176,187 64,150,140

Accounts payable 21,954,612 7,527,570

Mortgages, notes, and bonds

payable in less than 1 year 13,224,150 7,627,759

Other current liabilities 85,906,529 9,424,004

Loans from stockholders 12,546,364 7,722,497

Mortgages, notes, and bonds

payable in 1 year or more 18,761,104 9,982,167

Other liabilities 6,106,230 2,627,780

Net worth, total 62,677,197 19,238,363

Capital stock 6,724,558 3,025,560

Paid-in or capital surplus 34,033,253 9,732,460

Retained earnings, unappropriated 23,989,415 7,980,334

Adjustments to shareholders’

equity (1) 742,802 -27,018

Less: Cost of treasury stock 2,812,829 1,472,974

Professional and

business services

Administra-

tive and

support and

waste manage-

ment and

remediation

services

Management

of Total

Item companies

(79) (80)

Number of returns 19,720 133,684

Number of shareholders 65,056 216,790

Total assets 131,403,804 25,622,243

Cash 6,884,863 4,290,638

Notes and accounts receivable 59,695,118 5,927,280

Less: Allowance for bad debts 794,016 72,064

Inventories 9,051 688,534

Investments in

Government obligations 15,910,921 52,311

Tax-exempt securities 4,306,990 * 20,644

Other current assets 3,852,427 2,408,680

Loans to shareholders 632,316 803,046

Mortgage and real estate loans 3,438,952 137,145

Other investments 33,007,944 2,635,090

Depreciable assets 4,027,273 16,599,577

Less: Accumulated depreciation 1,671,047 10,180,134

Depletable assets 11,315 * 31,894

Less: Accumulated depletion 3,591 * 19,855

Land 596,698 519,355

Intangible assets (amortizable) 682,868 1,994,338

Less: Accumulated amortization 127,532 822,927

Other assets 943,253 608,691

Total liabilities 131,403,804 25,622,243

Accounts payable 11,608,054 2,818,988

Mortgages, notes, and bonds

payable in less than 1 year 2,545,163 3,051,227

Other current liabilities 72,921,141 3,561,384

Loans from stockholders 1,690,603 3,133,264

Mortgages, notes, and bonds

payable in 1 year or more 2,937,064 5,841,872

Other liabilities 2,156,182 1,322,268

Net worth, total 37,545,596 5,893,239

Capital stock 2,707,540 991,458

Paid-in or capital surplus 21,850,812 2,449,980

Retained earnings, unappropriated 13,368,996 2,640,084

Adjustments to shareholders’

equity (1) 547,368 222,452

Less: Cost of treasury stock 929,120 410,735

Professional and

business services

Administrative and support

and waste management and

remediation services

Waste

Administrative management and

Item and support remediation

services services

(81) (82)

Number of returns 125,706 7,978

Number of shareholders 197,045 19,745

Total assets 20,632,108 4,990,135

Cash 3,571,269 719,370

Notes and accounts receivable 4,949,060 978,220

Less: Allowance for bad debts 63,156 8,909

Inventories 661,561 26,973

Investments in

Government obligations * 50,945 1,366

Tax-exempt securities * 17,823 2,821

Other current assets 2,058,821 349,859

Loans to shareholders 716,244 86,802

Mortgage and real estate loans 129,108 * 8,037

Other investments 2,250,095 384,994

Depreciable assets 12,175,230 4,424,347

Less: Accumulated depreciation 7,467,381 2,712,753

Depletable assets * 909 * 30,985

Less: Accumulated depletion * 23 * 19,832

Land 256,285 263,070

Intangible assets (amortizable) 1,442,466 551,871

Less: Accumulated amortization 531,771 291,156

Other assets 414,621 194,069

Total liabilities 20,632,108 4,990,135

Accounts payable 2,350,184 468,805

Mortgages, notes, and bonds

payable in less than 1 year 2,645,923 405,305

Other current liabilities 3,149,648 411,736

Loans from stockholders 2,469,078 664,186

Mortgages, notes, and bonds

payable in 1 year or more 4,287,164 1,554,709

Other liabilities 978,644 343,624

Net worth, total 4,751,467 1,141,772

Capital stock 846,503 144,955

Paid-in or capital surplus 2,056,727 393,254

Retained earnings, unappropriated 2,012,971 627,113

Adjustments to shareholders’

equity (1) 192,911 29,540

Less: Cost of treasury stock 357,646 53,090

Education, health, and

social assistance

Total Educational

Item services

(83) (84)

Number of returns 158,456 20,843

Number of shareholders 243,779 30,049

Total assets 28,420,073 3,260,848

Cash 4,837,555 720,741

Notes and accounts receivable 4,607,098 690,991

Less: Allowance for bad debts 240,744 20,371

Inventories 372,973 75,439

Investments in

Government obligations 8,217 1,325

Tax-exempt securities * 18,554 * 5,820

Other current assets 2,002,269 243,251

Loans to shareholders 1,424,074 102,526

Mortgage and real estate loans 16,341 7,408

Other investments 1,612,928 245,490

Depreciable assets 23,955,101 2,143,664

Less: Accumulated depreciation 13,302,273 1,284,392

Depletable assets * 2,538 * 2,538

Less: Accumulated depletion * 2,274 * 2,274

Land 919,996 160,311

Intangible assets (amortizable) 2,182,498 155,761

Less: Accumulated amortization 659,751 56,075

Other assets 664,971 68,692

Total liabilities 28,420,073 3,260,848

Accounts payable 1,580,835 169,952

Mortgages, notes, and bonds

payable in less than 1 year 3,514,139 188,087

Other current liabilities 3,995,756 693,950

Loans from stockholders 3,260,264 478,213

Mortgages, notes, and bonds

payable in 1 year or more 10,136,386 704,983

Other liabilities 967,001 112,382

Net worth, total 4,965,691 913,281

Capital stock 927,225 123,713

Paid-in or capital surplus 2,234,164 388,861

Retained earnings, unappropriated 2,228,842 516,827

Adjustments to shareholders’

equity (1) 13,243 * -8,316

Less: Cost of treasury stock 437,783 107,804

Education, health, and

social assistance

Health care and

social assistance

Offices of

physicians

Item Total and dentists

(85) (86)

Number of returns 137,613 100,970

Number of shareholders 213,730 138,360

Total assets 25,159,225 10,636,008

Cash 4,116,814 2,528,864

Notes and accounts receivable 3,916,107 1,030,417

Less: Allowance for bad debts 220,374 52,120

Inventories 297,534 166,393

Investments in

Government obligations 6,892 592

Tax-exempt securities * 12,734 * 1,864

Other current assets 1,759,018 824,461

Loans to shareholders 1,321,547 829,630

Mortgage and real estate loans * 8,933 1,459

Other investments 1,367,438 722,621

Depreciable assets 21,811,437 10,175,662

Less: Accumulated depreciation 12,017,881 6,806,779

Depletable assets — —

Less: Accumulated depletion — —

Land 759,685 149,344

Intangible assets (amortizable) 2,026,737 1,261,477

Less: Accumulated amortization 603,676 348,575

Other assets 596,279 150,696

Total liabilities 25,159,225 10,636,008

Accounts payable 1,410,883 238,752

Mortgages, notes, and bonds

payable in less than 1 year 3,326,052 1,582,679

Other current liabilities 3,301,806 1,370,469

Loans from stockholders 2,782,051 1,327,155

Mortgages, notes, and bonds

payable in 1 year or more 9,431,403 3,112,339

Other liabilities 854,619 274,099

Net worth, total 4,052,411 2,730,516

Capital stock 803,512 398,990

Paid-in or capital surplus 1,845,304 693,312

Retained earnings, unappropriated 1,712,015 1,691,561

Adjustments to shareholders’

equity (1) 21,559 * 40,555

Less: Cost of treasury stock 329,979 93,903

Education, health, and

social assistance

Health care and

social assistance

Miscellaneous Hospitals,

health care nursing, and

and social residential

Item assistance care

facilities

(87) (88)

Number of returns 26,128 10,515

Number of shareholders 51,353 24,016

Total assets 4,001,647 10,521,570

Cash 684,310 903,639

Notes and accounts receivable 874,036 2,011,655

Less: Allowance for bad debts 60,120 108,134

Inventories 93,398 37,743

Investments in

Government obligations 1,664 4,635

Tax-exempt securities — 10,870

Other current assets 67,966 866,591

Loans to shareholders 273,641 218,276

Mortgage and real estate loans * 73 7,401

Other investments 204,296 440,521

Depreciable assets 3,236,286 8,399,488

Less: Accumulated depreciation 1,808,429 3,402,673

Depletable assets — —

Less: Accumulated depletion — —

Land 165,739 444,602

Intangible assets (amortizable) 343,827 421,433

Less: Accumulated amortization 102,509 152,592

Other assets 27,470 418,113

Total liabilities 4,001,647 10,521,570

Accounts payable 212,048 960,083

Mortgages, notes, and bonds

payable in less than 1 year 667,615 1,075,758

Other current liabilities 728,442 1,202,895

Loans from stockholders 507,882 947,014

Mortgages, notes, and bonds

payable in 1 year or more 989,629 5,329,436

Other liabilities 191,304 389,215

Net worth, total 704,727 617,168

Capital stock 241,496 163,026

Paid-in or capital surplus 658,047 493,945

Retained earnings, unappropriated -119,515 139,969

Adjustments to shareholders’

equity (1) * -6,290 -12,706

Less: Cost of treasury stock 69,011 167,065

Leisure, accommodation,

and food services

Arts,

entertainment,

and recreation

Total Total

Item

(89) (90)

Number of returns 215,881 85,346

Number of shareholders 445,680 117,383

Total assets 85,220,189 23,532,353

Cash 9,307,506 3,077,710

Notes and accounts receivable 3,733,066 1,319,090

Less: Allowance for bad debts 105,357 22,306

Inventories 2,397,591 622,486

Investments in

Government obligations 318,952 * 42,205

Tax-exempt securities 26,586 20,421

Other current assets 3,432,706 1,041,190

Loans to shareholders 1,966,636 511,352

Mortgage and real estate loans 812,242 253,323

Other investments 5,822,811 2,377,830

Depreciable assets 80,372,018 20,295,843

Less: Accumulated depreciation 38,407,430 10,621,708

Depletable assets * 102,192 104

Less: Accumulated depletion * 36,216 42

Land 7,338,159 2,360,381

Intangible assets (amortizable) 7,388,742 1,536,432

Less: Accumulated amortization 2,293,010 625,109

Other assets 3,042,995 1,343,152

Total liabilities 88,220,189 23,532,353

Accounts payable 4,760,673 1,078,640

Mortgages, notes, and bonds

payable in less than 1 year 5,226,671 1,648,073

Other current liabilities 6,761,685 2,445,125

Loans from stockholders 18,267,494 6,397,155

Mortgages, notes, and bonds

payable in 1 year or more 36,169,714 7,132,266

Other liabilities 2,535,965 1,204,058

Net worth, total 11,497,987 3,626,836

Capital stock 5,579,335 1,812,552

Paid-in or capital surplus 16,868,098 5,912,318

Retained earnings, unappropriated -9,761,578 -3,621,196

Adjustments to shareholders’

equity (1) -92,525 -154,450

Less: Cost of treasury stock 1,095,342 322,387

Leisure, accommodation,

and food services

Arts,

entertainment,

and

recreation

Amusement,

Other arts, gambling, and

entertainment, recreation

Item and recreation industries

(91) (92)

Number of returns 26,925 31,421

Number of shareholders 41,397 76,986

Total assets 8,195,704 15,336,649

Cash 1,597,807 1,479,903

Notes and accounts receivable 777,804 541,286

Less: Allowance for bad debts 3,119 19,187

Inventories 158,051 464,436

Investments in

Government obligations * 40,604 1,601

Tax-exempt securities 6,855 13,565

Other current assets 470,231 570,959

Loans to shareholders 191,311 320,041

Mortgage and real estate loans * 13,977 239,346

Other investments 1,360,231 1,017,599

Depreciable assets 3,827,904 16,467,940

Less: Accumulated depreciation 1,790,766 8,830,941

Depletable assets 13 91

Less: Accumulated depletion 2 40

Land 211,445 2,146,936

Intangible assets (amortizable) 829,763 706,669

Less: Accumulated amortization 354,976 270,133

Other assets 858,572 484,580

Total liabilities 8,195,704 15,336,649

Accounts payable 435,331 643,509

Mortgages, notes, and bonds

payable in less than 1 year 472,373 1,175,700

Other current liabilities 1,233,068 1,212,058

Loans from stockholders 2,573,424 3,823,732

Mortgages, notes, and bonds

payable in 1 year or more 1,875,266 5,257,000

Other liabilities 728,286 475,772

Net worth, total 877,957 2,748,879

Capital stock 631,660 1,180,892

Paid-in or capital surplus 2,465,816 3,446,501

Retained earnings, unappropriated -2,017,074 -1,604,122

Adjustments to shareholders’

equity (1) -118,292 -36,158

Less: Cost of treasury stock 84,153 238,234

Leisure, accommodation,

and food services

Accommodations and food

services

Item Total Accommodation

(93) (94)

Number of returns 157,536 22,502

Number of shareholders 328,297 58,253

Total assets 61,687,836 28,738,214

Cash 6,229,797 2,096,269

Notes and accounts receivable 2,413,975 976,417

Less: Allowance for bad debts 83,051 34,201

Inventories 1,775,105 184,107

Investments in

Government obligations 276,748 * 258,575

Tax-exempt securities * 6,165 1,321

Other current assets 2,391,516 1,355,368

Loans to shareholders 1,455,284 647,261

Mortgage and real estate loans 558,920 328,020

Other investments 3,444,981 1,913,996

Depreciable assets 60,076,175 26,725,710

Less: Accumulated depreciation 27,785,723 10,126,417

Depletable assets * 102,088 —

Less: Accumulated depletion * 36,174 —

Land 4,977,779 3,162,700

Intangible assets (amortizable) 5,852,310 685,906

Less: Accumulated amortization 1,667,901 217,453

Other assets 1,699,843 780,635

Total liabilities 61,687,836 28,738,214

Accounts payable 3,681,834 754,707

Mortgages, notes, and bonds

payable in less than 1 year 3,578,598 1,155,336

Other current liabilities 4,316,560 1,436,650

Loans from stockholders 11,870,339 4,799,436

Mortgages, notes, and bonds

payable in 1 year or more 29,037,448 16,341,859

Other liabilities 1,331,907 640,318

Net worth, total 7,871,151 3,609,908

Capital stock 3,766,783 1,475,882

Paid-in or capital surplus 10,955,780 7,723,212

Retained earnings, unappropriated -6,140,382 -5,337,618

Adjustments to shareholders’

equity (1) 61,925 13,729

Less: Cost of treasury stock 772,955 265,297

Leisure, Other services

accommodation,

and food

services

Accommodations

and food

services

Food

Item services

and drinking Total

places

(95) (96)

Number of returns 135,033 164,805

Number of shareholders 270,044 257,316

Total assets 32,949,622 24,271,424

Cash 4,133,528 3,396,366

Notes and accounts receivable 1,437,558 3,024,997

Less: Allowance for bad debts 48,850 22,375

Inventories 1,590,998 2,014,301

Investments in

Government obligations * 18,173 * 48,408

Tax-exempt securities * 4,844 * 12,563

Other current assets 1,036,148 733,120

Loans to shareholders 808,023 548,185

Mortgage and real estate loans 230,900 208,086

Other investments 1,530,985 1,109,425

Depreciable assets 33,350,465 22,009,252

Less: Accumulated depreciation 17,659,306 12,406,098

Depletable assets * 102,088 * 41,934

Less: Accumulated depletion * 36,174 * 11,607

Land 1,815,079 1,415,539

Intangible assets (amortizable) 5,166,404 2,233,673

Less: Accumulated amortization 1,450,449 600,591

Other assets 919,208 518,247

Total liabilities 32,949,622 24,271,424

Accounts payable 2,927,127 2,357,866

Mortgages, notes, and bonds

payable in less than 1 year 2,423,262 1,381,313

Other current liabilities 2,879,909 1,688,634

Loans from stockholders 7,070,903 3,802,650

Mortgages, notes, and bonds

payable in 1 year or more 12,695,589 7,952,527

Other liabilities 691,589 671,625

Net worth, total 4,261,242 6,416,809

Capital stock 2,290,901 1,332,572

Paid-in or capital surplus 3,232,568 1,826,867

Retained earnings, unappropriated -802,764 4,061,103

Adjustments to shareholders’

equity (1) 48,196 19,679

Less: Cost of treasury stock 507,658 823,411

Other services

Repair Personal

Item and and laundry

maintenance services

(97) (98)

Number of returns 85,308 79,032

Number of shareholders 128,216 128,607

Total assets 12,880,269 11,360,238

Cash 1,733,781 1,662,389

Notes and accounts receivable 1,640,954 1,372,063

Less: Allowance for bad debts 13,108 9,267

Inventories 1,545,841 468,285

Investments in

Government obligations * 2,568 * 43,841

Tax-exempt securities * 33 * 12,530

Other current assets 310,222 422,037

Loans to shareholders 287,176 247,240

Mortgage and real estate loans * 105,821 * 102,265

Other investments 357,353 751,971

Depreciable assets 11,252,334 10,754,028

Less: Accumulated depreciation 6,323,859 6,081,030

Depletable assets * 14,647 * 27,287

Less: Accumulated depletion * 3,535 * 8,073

Land 906,475 509,064

Intangible assets (amortizable) 1,172,693 1,060,662

Less: Accumulated amortization 279,811 320,570

Other assets 170,684 345,516

Total liabilities 12,880,269 11,360,238

Accounts payable 1,476,497 874,661

Mortgages, notes, and bonds

payable in less than 1 year 819,701 561,465

Other current liabilities 772,025 911,585

Loans from stockholders 1,862,490 1,937,887

Mortgages, notes, and bonds

payable in 1 year or more 4,809,145 3,142,617

Other liabilities 104,831 553,874

Net worth, total 3,035,579 3,378,149

Capital stock 644,553 687,772

Paid-in or capital surplus 739,684 1,087,115

Retained earnings, unappropriated 1,987,920 2,070,084

Adjustments to shareholders’

equity (1) -28,471 * 48,149

Less: Cost of treasury stock 308,107 514,971

Other services

Religious,

grantmaking,

civic, Nature of

professional, business

Item and similar not

organizations allocable

(99) (100)

Number of returns * 465 16,683

Number of shareholders * 494 22,816

Total assets * 30,917 1,357,466

Cash * 196 224,920

Notes and accounts receivable 11,981 219,977

Less: Allowance for bad debts — 73

Inventories 175 104,128

Investments in

Government obligations — —

Tax-exempt securities — —

Other current assets 861 92,019

Loans to shareholders 13,769 46,192

Mortgage and real estate loans — * 17,554

Other investments 101 * 21,328

Depreciable assets 2,890 728,486

Less: Accumulated depreciation 1,209 294,611

Depletable assets — —

Less: Accumulated depletion — —

Land — * 71,146

Intangible assets (amortizable) * 318 75,406

Less: Accumulated amortization * 210 * 52,161

Other assets 2,047 103,156

Total liabilities * 30,917 1,357,466

Accounts payable 6,708 226,464

Mortgages, notes, and bonds

payable in less than 1 year 147 72,206

Other current liabilities 5,024 88,532

Loans from stockholders * 2,272 311,408

Mortgages, notes, and bonds

payable in 1 year or more 765 230,770

Other liabilities 12,921 8,448

Net worth, total * 3,080 419,638

Capital stock * 246 153,738

Paid-in or capital surplus 68 126,103

Retained earnings, unappropriated * 3,099 143,626

Adjustments to shareholders’

equity (1) — * 1,857

Less: Cost of treasury stock 333 5,313

* Estimate should be used with caution because of the small number

of sample returns on which it is based.

(1) Adjustments to shareholders’ equity were added to Form 1120S, U.S.

Tax Return for an S Corporation, beginning with Tax Year 1997. Some

examples of adjustments included in this field are unrealized gains

and 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 totals due to rounding.

Table 4.–S Corporations: Real Estate Rental Income, by Selected

Industrial Divisions and Sectors

[All figures are estimates based on samples–money amounts are in

thousands of dollars]

All Agriculture,

Item industries forestry,

fishing,

and hunting

(1) (2)

Number of returns 225,049 6,681

Gross Income 24,334,724 373,530

Real estate rental expenses, total 19,585,188 130,853

Advertising 90,939 557

Auto and travel 80,677 1,237

Cleaning and maintenance 588,460 1,265

Commissions 141,771 2,895

Insurance 494,672 2,638

Legal and other professional fees 1,000,835 7,328

Interest 5,629,019 20,075

Repairs 1,101,030 8,897

Taxes 2,565,139 24,305

Utilities 1,193,919 5,049

Wages and salaries 1,052,470 339

Depreciation 3,261,989 21,818

Other expenses 2,384,267 34,449

Net gain (less loss) from sales of

business property 35,612 * 857

Gain 44,753 * 857

Loss 9,142 —

Net income (less deficit) from

partnerships and fiduciaries 725,852 8,091

Income 1,087,481 8,532

Deficit 361,629 441

Real estate rental net income (less

deficit) 5,510,971 251,626

Income 7,443,236 261,182

Deficit 1,932,265 9,556

Item Mining Utilities

(3) (4)

Number of returns 312 * 16

Gross Income 23,776 * 1,252

Real estate rental expenses, total 15,497 * 1,735

Advertising 80 2

Auto and travel 7 11

Cleaning and maintenance 170 —

Commissions 43 —

Insurance 303 27

Legal and other professional fees 458 55

Interest 3,965 668

Repairs 1,412 74

Taxes 1,761 34

Utilities 509 26

Wages and salaries 405 19

Depreciation 3,097 550

Other expenses 3,287 * 269

Net gain (less loss) from sales of

business property — —

Gain — —

Loss — —

Net income (less deficit) from

partnerships and fiduciaries 2,636 —

Income 4,846 —

Deficit 2,211 —

Real estate rental net income (less

deficit) 10,914 * -482

Income 13,284 280

Deficit 2,369 * 762

Item Construction Manufacturing

(5) (6)

Number of returns 13,316 4,147

Gross Income 749,100 319,010

Real estate rental expenses, total 625,142 181,680

Advertising 2,660 125

Auto and travel 1,614 192

Cleaning and maintenance 14,441 3,092

Commissions 6,552 1,309

Insurance 13,366 2,567

Legal and other professional fees 21,725 3,592

Interest 218,460 32,824

Repairs 33,168 18,457

Taxes 74,222 23,735

Utilities 29,753 15,936

Wages and salaries 29,569 5,120

Depreciation 130,578 50,820

Other expenses 49,034 23,912

Net gain (less loss) from sales of

business property -224 700

Gain 2,701 700

Loss * 2,925 —

Net income (less deficit) from

partnerships and fiduciaries 55,538 5,256

Income 108,317 15,008

Deficit 52,779 9,752

Real estate rental net income (less

deficit) 179,271 143,258

Income 300,557 169,088

Deficit 121,286 25,830

Wholesale and retail trade

Total Wholesale

Item trade

(7) (8)

Number of returns 12,471 5,066

Gross Income 753,710 294,309

Real estate rental expenses, total 399,813 133,927

Advertising 465 57

Auto and travel 1,073 73

Cleaning and maintenance 8,898 5,540

Commissions 2,101 1,146

Insurance 7,270 2,286

Legal and other professional fees 13,826 7,462

Interest 90,661 23,795

Repairs 22,902 8,468

Taxes 51,645 14,755

Utilities 17,333 5,076

Wages and salaries 14,369 8,878

Depreciation 90,898 32,757

Other expenses 78,350 23,614

Net gain (less loss) from sales of

business property 284 30

Gain 365 30

Loss 82 —

Net income (less deficit) from

partnerships and fiduciaries 19,654 11,714

Income 30,580 15,863

Deficit 10,926 4,149

Real estate rental net income (less

deficit) 373,834 172,125

Income 404,712 181,748

Deficit 30,878 9,623

Wholesale and retail trade

Wholesale

Retail and retail

Item trade trade not

allocable

(9) (10)

Number of returns 7,404 1

Gross Income 458,948 453

Real estate rental expenses, total 265,777 109

Advertising 427 —

Auto and travel 1,000 —

Cleaning and maintenance 3,356 —

Commissions 956 —

Insurance 4,985 —

Legal and other professional fees 6,345 —

Interest 66,850 16

Repairs 14,434 —

Taxes 36,890 —

Utilities 12,257 —

Wages and salaries 5,491 —

Depreciation 58,053 88

Other expenses 54,731 5

Net gain (less loss) from sales of

business property 254 —

Gain 336 —

Loss 82 —

Net income (less deficit) from

partnerships and fiduciaries 7,940 —

Income 14,717 —

Deficit 6,777 —

Real estate rental net income (less

deficit) 201,365 344

Income 222,621 344

Deficit 21,255 —

Transportation

Item and Information

warehousing

(11) (12)

Number of returns 594 1,997

Gross Income 154,291 65,097

Real estate rental expenses, total 105,728 24,315

Advertising 251 52

Auto and travel 9 * 255

Cleaning and maintenance 4,926 1,974

Commissions 757 113

Insurance 3,570 576

Legal and other professional fees 5,973 576

Interest 15,662 * 2,871

Repairs 4,034 1,247

Taxes 17,270 2,469

Utilities 6,805 1,823

Wages and salaries 13,342 943

Depreciation 15,938 4,384

Other expenses 17,192 7,031

Net gain (less loss) from sales of

business property 5 —

Gain 5 —

Loss — —

Net income (less deficit) from

partnerships and fiduciaries 4,656 8,088

Income 4,913 9,044

Deficit * 257 956

Real estate rental net income (less

deficit) 53,224 48,870

Income 61,267 50,056

Deficit 8,043 1,186

Finance Real estate

Item and and rental

insurance and lessing

(13) (14)

Number of returns 3,912 155,373

Gross income 109,227 20,534,555

Real estate rental expenses, total 74,658 17,058,831

Advertising 144 79,908

Auto and travel * 96 72,398

Cleaning and maintenance 4,115 514,454

Commissions 1,182 125,367

Insurance 1,359 429,337

Legal and other professional fees 2,889 904,282

Interest 17,415 4,969,948

Repairs 6,099 970,969

Taxes 9,495 2,273,235

Utilities 5,735 1,049,892

Wages and salaries 1,466 926,013

Depreciation 14,912 2,749,926

Other expenses 9,751 1,993,102

Net gain (less loss) from sales of

business property * 1,007 20,849

Gain * 1,008 26,983

Loss 1 6,134

Net income (less deficit) from

partnerships and fiduciaries 1,831 603,508

Income 34,056 792,043

Deficit 32,225 188,535

Real estate rental net income (less

deficit) 37,408 4,100,083

Income 77,027 5,613,170

Deficit 39,619 1,513,087

Real Professional,

Item estate scientific,

and technical

services

(15) (16)

Number of returns 153,309 6,769

Gross income 20,379,465 260,058

Real estate rental expenses, total 16,936,611 178,640

Advertising 79,849 676

Auto and travel 72,133 * 1,104

Cleaning and maintenance 513,473 4,921

Commissions 125,104 * 202

Insurance 428,307 3,703

Legal and other professional fees 901,102 15,634

Interest 4,936,242 42,157

Repairs 963,722 6,996

Taxes 2,257,545 14,202

Utilities 1,046,389 4,864

Wages and salaries 925,041 * 8,991

Depreciation 2,715,632 30,646

Other expenses 1,972,072 44,546

Net gain (less loss) from sales of

business property 20,849 —

Gain 26,983 —

Loss 6,134 —

Net income (less deficit) from

partnerships and fiduciaries 602,758 25,347

Income 791,284 30,900

Deficit 188,526 5,553

Real estate rental net income (less

deficit) 4,066,463 106,764

Income 5,571,405 136,300

Deficit 1,504,942 29,536

Management Administrative

of and support

Item companies and waste

management

and remedi-

ation services

(17) (18)

Number of returns 4,795 1,668

Gross income 99,944 42,262

Real estate rental expenses, total 78,422 49,009

Advertising * 256 * 245

Auto and travel * 243 13

Cleaning and maintenance 3,677 * 636

Commissions * 72 —

Insurance 1,310 8,786

Legal and other professional fees 4,620 * 4017

Interest 20,635 10,953

Repairs 1,199 * 1,066

Taxes 10,498 2,346

Utilities 3,045 1,712

Wages and salaries 3,071 568

Depreciation 18,612 5,313

Other expenses 11,183 13,355

Net gain (less loss) from sales of

business property 5 300

Gain 5 300

Loss — —

Net income (less deficit) from

partnerships and fiduciaries -17,748 5,398

Income 24,706 5,571

Deficit 42,454 173

Real estate rental net income (less

deficit) 3,779 -1,049

Income 53,783 12,102

Deficit 50,004 13,151

Item Educational Health care

services and social

assistance

(19) (20)

Number of returns 412 1,696

Gross income * 28,005 140,621

Real estate rental expenses, total * 33,238 110,644

Advertising — 2,418

Auto and travel — * 85

Cleaning and maintenance * 3,014 1,829

Commissions — 96

Insurance * 1,521 979

Legal and other professional fees * 1,359 3,124

Interest * 14,110 32,359

Repairs 96 4,467

Taxes * 1,054 4,996

Utilities 144 3,937

Wages and salaries 32 * 5,596

Depreciation * 533 33,091

Other expenses * 11,374 17,667

Net gain (less loss) from sales of

business property — * 3,580

Gain — * 3,580

Loss — —

Net income (less deficit) from

partnerships and fiduciaries 67 2,079

Income 67 2,980

Deficit — * 901

Real estate rental net income (less

deficit) -5,165 35,636

Income 1,184 42,681

Deficit * 6,350 7,045

Arts, Accom-

Item entertainment, modation

and recreation and food

services

(21) (22)

Number of returns 2,128 4,740

Gross income 145,697 398,975

Real estate rental expenses, total 96,398 398,922

Advertising * 194 2,595

Auto and travel 43 1,928

Cleaning and maintenance 699 18,984

Commissions 87 * 558

Insurance 3,725 9,191

Legal and other professional fees 1,414 7,051

Interest 33,923 71,849

Repairs 4,124 13,688

Taxes 11,154 28,607

Utilities 9,228 34,058

Wages and salaries 8,742 32,951

Depreciation 17,601 54,751

Other expenses 5,464 62,712

Net gain (less loss) from sales of

business property 1,621 * 6,626

Gain 1,621 * 6,626

Loss — —

Net income (less deficit) from

partnerships and fiduciaries 3,564 -4,484

Income 5,311 8,094

Deficit 1,746 12,558

Real estate rental net income (less

deficit) 54,485 62,216

Income 64,354 119,866

Deficit 9,869 57,650

Other Nature of

Item services business

not allocable

(23) (24)

Number of returns 3,504 * 516

Gross income 121,438 * 14,175

Real estate rental expenses, total 74,108 * 7,553

Advertising * 247 45

Auto and travel * 193 * 177

Cleaning and maintenance * 1,143 * 221

Commissions * 269 * 168

Insurance 4,089 * 353

Legal and other professional fees * 2,888 23

Interest 29,394 1,088

Repairs * 1,762 * 372

Taxes 11,088 * 3,022

Utilities 3,778 * 292

Wages and salaries * 836 100

Depreciation 17,105 * 1,417

Other expenses 1,316 * 274

Net gain (less loss) from sales of

business property — —

Gain — —

Loss — —

Net income (less deficit) from

partnerships and fiduciaries 2,357 -6

Income 2,513 —

Deficit 156 6

Real estate rental net income (less

deficit) 49,682 * 6,617

Income 53,379 * 8,963

Deficit * 3,697 * 2,346

* Estimate should be used with caution because of the small returns on

which it is based.

NOTE: Detail may not add to totals due to rounding.

Table 5.–S Corporations: Total Receipts and Deductions,

Portfolio Income, Rental Income, and Total

Net Income, by Number of Shareholders

[All figures are estimates based on samples–money amounts are in

thousands of dollars]

Number of

shareholders

Item Total (1) 1

(1) (2)

Number of returns 2,725,775 1,495,700

Number of shareholders 5,076,763 1,495,700

Total assets 1,626,692,515 503,476,804

Total receipts (2) 3,300,868,762 1,105,322,371

Business receipts 3,242,797,429 1,088,607,538

Interest on Government obligations:

State and local (2) 1,350,743 498,210

Net gain, noncapital assets 6,234,480 1,964,104

Other receipts 50,486,109 14,252,518

Total deductions 3,162,169,414 1,057,233,556

Cost of goods sold 2,059,319,673 656,498,344

Compensation of officers 131,111,982 51,864,467

Salaries and wages 335,790,495 116,546,831

Repairs 20,333,638 7,069,904

Bad debts 6,568,655 2,121,884

Rent paid on business property 77,617,605 30,552,669

Taxes paid 66,861,519 23,148,620

Interest paid 40,351,393 11,992,270

Amortization 4,235,894 1,544,639

Depreciation 56,874,046 18,499,396

Depletion 691,031 45,578

Advertising 31,483,025 10,460,618

Pension, profit-sharing, stock bonus,

and annuity plans 12,060,415 4,080,849

Employee benefit programs 24,189,995 6,877,438

Net loss, noncapital assets 1,398,860 335,512

Other deductions 293,281,188 115,594,540

Total receipts less total deductions (2) 138,699,348 48,088,815

Net income (less deficit) from a trade

or business (2) 137,348,605 47,590,604

Net income 187,376,075 69,526,422

Deficit 50,027,470 21,935,818

Portfolio income (less deficit)

distributed to shareholders 50,205,070 18,910,348

Dividend income 1,863,974 654,382

Interest income 11,209,087 4,000,559

Royalty income 684,219 267,377

Net short-term capital gain (less loss) 2,396,941 1,461,405

Net long-term capital gain (less loss) 33,857,754 12,488,403

Other portfolio income (net) 193,095 38,221

Real estate rental net income

(less deficit) 5,610,971 1,318,111

Net income 7,443,236 2,178,833

Deficit 1,932,265 860,722

Net income (less deficit) from

other rental activity 691,765 136,478

Net income 1,140,058 402,548

Deficit 448,293 266,071

Total net income (less deficit) 193,756,411 67,955,541

Net income 240,561,633 89,724,936

Deficit 46,805,222 21,769,395

Number of shareholders

Item 2 3

(3) (4)

Number of returns 812,384 184,282

Number of shareholders 1,624,768 552,846

Total assets 839,185,486 169,277,837

Total receipts (2) 579,416,475 367,974,476

Business receipts 866,534,561 381,220,482

Interest on Government obligations:

State and local (2) 149,311 77,658

Net gain, noncapital assets 1,735,816 741,772

Other receipts 10,996,787 5,934,564

Total deductions 845,189,056 373,127,007

Cost of goods sold 554,961,328 253,721,269

Compensation of officers 36,634,657 16,158,041

Salaries and wages 87,688,508 35,422,143

Repairs 5,800,453 2,075,642

Bad debts 1,660,315 753,789

Rent paid on business property 22,111,790 7,900,207

Taxes paid 17,373,904 7,576,136

Interest paid 8,819,807 5,261,141

Amortization 831,872 367,706

Depreciation 14,032,126 6,190,925

Depletion 37,522 47,652

Advertising 8,539,370 3,388,721

Pension, profit-sharing, stock bonus,

and annuity plans 2,576,613 1,215,395

Employee benefit programs 5,815,496 2,738,387

Net loss, noncapital assets 541,066 319,188

Other deductions 77,764,227 29,990,663

Total receipts less total deductions (2) 34,227,419 14,847,470

Net income (less deficit) from a trade

or business (2) 34,078,108 14,769,811

Net income 45,920,068 19,409,379

Deficit 11,841,960 4,639,567

Portfolio income (less deficit)

distributed to shareholders 7,371,771 3,840,222

Dividend income 317,121 171,276

Interest income 2,030,480 1,114,476

Royalty income 147,828 49,811

Net short-term capital gain (less loss) 253,293 144,096

Net long-term capital gain (less loss) 4,584,782 2,351,503

Other portfolio income (net) 38,266 9,059

Real estate rental net income

(less deficit) 1,143,395 657,191

Net income 1,638,884 839,210

Deficit 495,489 182,020

Net income (less deficit) from

other rental activity 49,207 143,699

Net income 178,672 157,954

Deficit 129,465 14,255

Total net income (less deficit) 42,642,481 19,410,923

Net income 53,924,704 23,616,080

Deficit 11,282,223 4,205,156

Number of shareholders

Item 4-10 11-20

(5) (6)

Number of returns 196,120 15,271

Number of shareholders 1,002,144 217,456

Total assets 366,371,513 114,268,891

Total receipts (2) 663,690,587 147,008,090

Business receipts 651,466,748 142,933,055

Interest on Government obligations:

State and local (2) 349,810 109,850

Net gain, noncapital assets 1,203,708 379,126

Other receipts 10,670,321 3,586,060

Total deductions 635,962,496 139,786,880

Cost of goods sold 433,403,295 92,153,003

Compensation of officers 20,127,545 3,677,656

Salaries and wages 64,643,149 15,603,860

Repairs 3,939,621 890,062

Bad debts 1,381,329 358,828

Rent paid on business property 12,866,799 2,409,630

Taxes paid 13,229,998 3,093,757

Interest paid 8,548,860 2,610,993

Amortization 935,579 336,825

Depreciation 12,367,364 3,243,174

Depletion 217,858 149,157

Advertising 6,152,044 1,643,682

Pension, profit-sharing, stock bonus,

and annuity plans 2,438,967 693,926

Employee benefit programs 5,793,148 1,608,413

Net loss, noncapital assets 117,399 20,214

Other deductions 49,799,544 11,293,700

Total receipts less total deductions (2) 27,728,091 7,221,210

Net income (less deficit) from a trade

or business (2) 27,378,281 7,111,360

Net income 36,137,256 8,680,542

Deficit 8,758,975 1,569,181

Portfolio income (less deficit)

distributed to shareholders 11,781,224 5,597,931

Dividend income 354,265 138,501

Interest income 2,795,530 632,689

Royalty income 162,668 31,965

Net short-term capital gain (less loss) 404,980 42,200

Net long-term capital gain (less loss) 8,039,895 4,738,884

Other portfolio income (net) 23,886 13,693

Real estate rental net income

(less deficit) 1,682,432 445,656

Net income 2,020,106 485,239

Deficit 337,674 39,583

Net income (less deficit) from

other rental activity 290,967 20,125

Net income 320,935 24,419

Deficit 29,968 4,293

Total net income (less deficit) 41,132,903 13,175,072

Net income 48,516,929 14,373,040

Deficit 7,384,026 1,197,968

Number of shareholders

Item 21-30 31 or more

(7) (8)

Number of returns 3,292 2,453

Number of shareholders 78,056 105,793

Total assets 44,770,068 89,957,425

Total receipts (2) 55,010,902 59,267,406

Business receipts 53,569,456 55,349,143

Interest on Government obligations:

State and local (2) 44,435 120,804

Net gain, noncapital assets 115,111 93,947

Other receipts 1,281,898 3,703,512

Total deductions 52,229,792 55,414,458

Cost of goods sold 30,159,156 36,436,534

Compensation of officers 1,338,044 1,234,996

Salaries and wages 9,259,723 6,337,643

Repairs 281,345 245,503

Bad debts 105,086 185,225

Rent paid on business property 899,494 729,883

Taxes paid 1,396,896 985,457

Interest paid 1,013,687 2,042,023

Amortization 97,462 119,019

Depreciation 1,186,060 1,264,138

Depletion 21,170 * 172,094

Advertising 649,744 591,287

Pension, profit-sharing, stock bonus,

and annuity plans 686,355 357,910

Employee benefit programs 755,509 571,631

Net loss, noncapital assets 10,035 55,424

Other deductions 4,370,028 4,085,690

Total receipts less total deductions (2) 2,781,109 3,852,947

Net income (less deficit) from a trade

or business (2) 2,736,674 3,732,143

Net income 3,276,803 4,316,251

Deficit 540,128 584,108

Portfolio income (less deficit)

distributed to shareholders 859,469 1,812,914

Dividend income 42,585 185,782

Interest income 272,660 354,583

Royalty income 12,173 12,391

Net short-term capital gain (less loss) 14,913 76,054

Net long-term capital gain (less loss) 516,092 1,115,181

Other portfolio income (net) 1,046 68,923

Real estate rental net income

(less deficit) 149,656 120,327

Net income 153,406 127,456

Deficit 3,750 7,128

Net income (less deficit) from

other rental activity 26,559 24,730

Net income 30,387 25,143

Deficit 3,827 * 413

Total net income (less deficit) 3,772,359 5,690,114

Net income 4,197,825 6,078,899

Deficit 425,465 388,785

* Estimate should be used with caution because of the small number of

sample returns on which it is based.

(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 totals due to rounding.

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 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; and 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 the purpose of this article, taxable corporations file the following types of returns: Form 1120, Form 1120-A, Form 1120F, Form 1120L, and Form 1120-PC. Form 1120-REIT and Form 1120-RIC, while not filed by taxable corporations, are included in the statistics. 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] Provisions exist to allow for late-filed elections to be considered as timely made. See Revenue Procedure 9740 for extended filings. For further detail on filing an S election, see Internal Revenue Service, Internal Revenue Code, Subchapter S [Section 1362(a), (b)].

[4] Eligible trusts are defined in the Internal Revenue Code section 1361(c)(2)(A); eligible trusts include trusts that are treated as owned by an individual who is a citizen or resident of the United States. Eligible exempt organizations are described in Internal Revenue Code section 401(a) and section 501(c)(3); these organizations include qualified pension plans, profit sharing plans, stock bonus plans, and certain organizations exempt from Federal income taxes.

[5] S corporations may elect another tax year if a business purpose can be estimated to the satisfaction of the Internal Revenue Service (IRS), or they may use an alternate tax year but make “required payments” to the IRS per Internal Revenue Code section 1378.

[6] 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.

[7] For further detail, see Wittman, Susan, “S Corporation Returns, 1998,” Statistics of Income Bulletin, Spring 2001, Volume 20, Number 4.

[8] Ibid. (see [7]).

[9] 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.

Kelly Bennett is an economist with the Corporation Special Projects Section. This article was prepared under the direction of Doug Shearer, Chief.

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