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–moneyamounts 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–moneyamounts 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–moneyamounts 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–moneyamounts 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–moneyamounts 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–moneyamounts 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 inthousands 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 inthousands 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.
COPYRIGHT 2002 U.S. Government Printing Office
COPYRIGHT 2004 Gale Group