\pgldobl00 f\l0 /)JB  dMbP?_"*+%1 Arial1 Arial1 Arial1 Arial1 Arial1 Arial1' Courier Newrier New 04d<1 Arial1 Arial1 xArial&?'?(?)?M d"d??@V General00.00#,##0 #,##0.00#,##0_);\(#,##0\)#,##0_);[Red]\(#,##0\)#,##0.00_);\(#,##0.00\)#,##0.00_);[Red]\(#,##0.00\)"$"#,##0_);\("$"#,##0\)"$"#,##0_);[Red]\("$"#,##0\) "$"#,##0.00_);\("$"#,##0.00\)%""$"#,##0.00_);[Red]\("$"#,##0.00\)0%0.00% 0.00E+00 #\ ?/? #\ ??/?? m/d/yyyy d\-mmm\-yy d\-mmm mmm\-yy h:mm\ AM/PMh:mm:ss\ AM/PMh:mm h:mm:ssm/d/yyyy\ h:mm ##0.0E+0mm:ss@52_("$"* #,##0_);_("$"* \(#,##0\);_("$"* "-"_);_(@_),)_(* #,##0_);_(* \(#,##0\);_(* "-"_);_(@_)=:_("$"* #,##0.00_);_("$"* \(#,##0.00\);_("$"* "-"??_);_(@_)41_(* #,##0.00_);_(* \(#,##0.00\);_(* "-"??_);_(@_)C C  C  C  C  C C C C C C C C C C C  C ! C  C  C  C  C #C &XAC #0C  HAC #XAC #xAC #xAC  hAC &xAC &xAC "AC "AC "AC "AC "AC  hAC "AC "AC "AC #xAC #xAC #XAC #xAC &XAC #XAC #xAC #XAC !XAC !xAC !xAC  HAC #|AU} (}  }  \l@@@@ @@@@ @ @ @ @ @@@@@@@@@@@@@@@@@@@<04S Corporations - Returns With and Without Net Income/=52003 Corporation Source Book of Statistics of Income,   - . .0/tlIncome Tax Returns of Active 1120S Corporations with Accounting Periods Ended July 2003 Through June 2004 --   - . .0Finance and insurance/g_Balance Sheet, Income Statement, and Selected Items, by Minor Industry, by Size of Total Assets   - . .0*x,p(All figures are estimates based on samples--money amounts and size of total assets are in thousands of dollars),,,,,, , , * + +1     2Size of Total Assets     ~ ?~  Y@~  @o@~  @@~  @@~  @~  @~  j@~  j@~  !j@ SECTOR CODE 52" "Zero "under "under "under "under "under "under  "under  "under  "under  #or $ %Total%Assets~ &Y@~ &@o@~ &@@~ &@@~ &@~ &@~  &j@~  &j@~  &j@  'more 0 ( 1 Number of returns.................. ~ 4`A~ 4:@~ 4@~ 4@~ 4,@~ 4/@~ 4@~ 44@~ (؍@~ (y@~ (m@~ (p@  0 ( 2 Total assets....................... ~ 4r- (-~ 49A~ 46~ 4~ 4^~ 4&'~ 4j~ 4~ 4Zj~ 4ʟ~ 4"  0 ( 3 Cash............................. ~ 4J4 (-~ 4>l1~ 4*A~ 4/~ 4S>~ 4~ 42A~ 4nO~ 48A~ 4~g~ 4&  0 ( 4 Notes and accounts receivable.... ~ 4<  (-~ 4I@~ 4eA~ 48A~ 46"A~ 4~ 4~ 4P~ 4ROY~ 4w~ 4d  0 ( 5 Less: Allowance for bad debts. ~ 4A.A (- (- (*210 (- (-~ 4A~ 4@@~ 4`@~ 4(A~ 4@~ 4A  0( 6 Inventories...................... ~ 4@ (- (- (- (- (- (-~ (p~@  (-~  (@t@~  4@~  4r@ 0( 7 U.S. govt. obligations, total.... ~ 4N (- (-~ (:@~ (Y@ (-(*16,790~ 4@~  4OA~  40*A~  4^Q~  4"p 0( 8 Tax-exempt securities............ ~ 4 (- (- (-(*7,755 (-(*3,365(*117,551~  4m@~  4A~  4DA~  46A 0( 9 Other current assets............. ~ 4H (-~ 4@~ 4DA~ 4 T@~ 4b@~ 4C~ 4J'A~  4Jo~  4PA~  4vD~  4 0( 10 Loans to shareholders............ ~ 4t7A (-~ 40$A~ 4 @~ 4d5A(*30,678~ 4pA~ 4A~  4HA~  4P@~  4@~  4PJ@ 0( 11 Mortgage and real estate loans... ~ 4O (-(*32,882(*98,597 (-(*205,516~ 4?~ 4v}~  4~m~  4i~  4~~  4"t 0( 12 Other investments................ ~ 4|A (-~ 4#@~ 4`A~ 48"A~ 4A~ 4=A~ 4UD~  4*h~  4$~  4&~  4rN 0( 13 Depreciable assets............... ~ 42Xy (-~ 4.>Z~ 4H6A~ 40@~ 4^B~ 4~ 4 0A~  4zN~  4fI4~  4>T+~  4ǣ 0( 14 Less: Accumulated depreciation ~ 4b (-~ 4H1A~ 4>~ 4T/(A~ 4!A~ 42f~ 4 !~  4'~  4DA~  4hlA~  4J 0( 15 Depletable assets................ ~ 4·@ (- (- (- (- (-~ (@ (-~  (j@~  (@~  (@~  4@ 0( 16 Less: Accumulated depletion... ~ 4\@ (- (- (- (- (-~ (q@ (-~  (@~  (@~  ( x@~  4Г@ 0( 17 Land............................. ~ 4 A (-(*22,329(*10,115(*35,327(*17,110(*21,229~ 4`@~  42@~  4u@~  4@>@~  4cA 0( 18 Intangible assets (Amortizable).. ~ 4 (-~ 4%@~ 4A~ 4tA~ 4L@A~ 4;L~ 4 A~  4 A~  40 A~  4 A~  4~3 0( 19 Less: Accumulated amortization ~ 4X{8A (-~ 4@~ 4- A~ 4@~ 4r@~ 4!~ 4@~  4X@~  4`V@~  4v@~  4% A 0( 20 Other assets..................... ~ 4_A (-~ 4@~ 4@^@~ 42@~ 4@~ 4T)A~ 4A~  4,A~  4A~  4 A~  4z_ 0( 21 Total liabilities.................. ~ 4r- (-~ 49A~ 46~ 4~ 4^~ 4&'~ 4j~  4~  4Zj~  4ʟ~  4" 0( 22 Accounts payable................. ~ 46e (-~ 4`@~ 4  A~ 4A~ 4$A~ 4jۗ~ 4H)A~  4:A~  4[~  4P~  4N 0( 23 Mort, notes, and bonds under 1 yr ~ 4b (-~ 4`d@~ 4H A~ 4hA~ 4`@~ 41A~ 4n~  4¤~  4~  4?A~  4Q@  l@!@"@#@$@%@&@'@(@)@*@+@,@-@.@/@0@1@2@3@4@5@6@7@8@9@:@;@<@=@>@?@0 ( 24 Other current liabilities........ ~ 4xM (-~ 4CA~ 4` A~ 4(A~ 4pA~ 4N~ 4(%A~ 4Ɛ~ 4Z~ 4(~ 4p   0!( 25 Loans from shareholders.......... ~ !4Jq !(-~ !4A!(*149,099!(*98,292~ !4&%~ !4U~ !4ʡW~ ! 4-~ ! 4LA~ ! 4. A~ ! 4XdA! !0"( 26 Mort, notes, bonds, 1 yr or more. ~ "46 "(-~ "4xA~ "4Ւ~ "4O)~ "4n^E~ "4HAA~ "4[~ " 4~1~ " 4[~ " 4:VC~ " 4Z" "0#( 27 Other liabilities................ ~ #4IfA #(-~ #40@#(*56,711~ #(`@#(*155,123~ #4S=~ #4`uA~ # 4<A~ # 4A~ # 4"A~ # 4z# #0$( 28 Net worth........................ ~ $4^J  $(-~ $4|A~ $4.~ $4|2A~ $4F*~ $4a~ $4~ $ 4~ $ 4~ $ 4ra~ $ 4,$ $0%( 29 Capital stock................... ~ %4 %(-~ %4 A~ %4Q A~ %40A~ %4@~ %4+A~ %4A~ % 4pA~ % 4LA~ % 4`A~ % 4A% %0&( 30 Additional paid-in capital...... ~ &4N &(-~ &4*~ &4!A~ &4n4~ &4A~ &4ڼh~ &44[?|~ )4N^~ )4$B~ )41"~ )4z~ )4z]~ ) 4o~ ) 4J~ ) 4'~ ) 4 J) )0*( 34 Business receipts................ ~ *4LG~ *4H~ *4|~ *4`~ *4%;~ *4 ~ *420E~ *4~ * 4ڊ8~ * 4VA~ * 4~ * 4** *0+( 35 Interest on govt. obligations.... ~ +4A~ +4p@~ +(@ +(*617 +(*62 +(*225~ +4@~ +4@~ + 4@~ + 4@~ + 4@{@~ + 4P@+ +0,( 36 Net gain, noncapital assets...... ~ ,4\b-A,(*5,334,(*2,088,(*5,938~ ,4J@ ,(-~ ,4@~ ,4@M@~ , 4@~ , 4@~ , 4@~ , 4|%A, ,0-( 37 Other receipts................... ~ -4R:~ -4?@~ -4@~ -4H~ -4`b@~ -4A~ -4>E5~ -4@~ - 4P6)A~ - 4Nh ~ - 4F0~ - 4>4]- -0.( 38 Total deductions................... ~ .4W~ .4~ .4j~ .4ފ ~ .4=~ .4Y~ .4~ .4٣~ . 420~ . 4d~ . 4 ~ . 4b. .0/( 39 Cost of goods sold............... ~ /4~ /4A~ /4K/( *1,163,506/(*129,940/(*377,533~ /4,~ /4A~ / 4S~ / 4/K~ / 4dA~ / 4ؔA/ /00( 40 Compensation of officers......... ~ 04~ 04H A~ 04ƺ~ 046O~ 04A~ 04pn%A~ 04:~ 04'A~ 0 4-A~ 0 46'~ 0 4A~ 0 4Ȯ'A0 001( 41 Salaries and wages............... ~ 14~ 14-~ 14~ 14b~ 14:A~ 14r3A~ 14߂~ 14~ 1 4:~ 1 4Ek~ 1 4Y\~ 1 4F1 102( 42 Repairs.......................... ~ 24 A~ 24@~ 240@~ 24m@~ 24n@~ 24@~ 24d@~ 24`@~ 2 4@~ 2 4z@~ 2 4J@~ 2 4`@2 203( 43 Bad debts........................ ~ 34P1A~ 34@3(*1,0093(*12,6473(*64,743~ 34`=@~ 34A~ 34`A~ 3 48A~ 3 4`@~ 3 4@~ 3 4pA3 304( 44 Rent paid on business property... ~ 44*~ 44qA~ 44>,~ 44H ~ 44%A~ 44@?A~ 44'A~ 44pA~ 4 4(0 A~ 4 4 >A~ 4 4@~ 4 4ؙA4 405( 45 Taxes paid....................... ~ 54*~ 540@~ 54A~ 54PA~ 54@A~ 54A~ 54O#A~ 54A~ 5 4 A~ 5 4 OA~ 5 4@~ 5 4A5 506( 46 Interest paid.................... ~ 64s~ 64@~ 64X@~ 64@@~ 64I@~ 64P@~ 647A~ 64A~ 6 4A~ 6 4WA~ 6 4;A~ 6 4*ab6 607( 47 Amortization..................... ~ 74A~ 7(@~ 74@~ 74@~ 74l@~ 74@@~ 74@~ 74@~ 7 4f@~ 7 4B@~ 7 4@~ 7 4@7 708( 48 Depreciation..................... ~ 846A~ 84@~ 84A~ 84@@~ 84@@~ 84`@~ 84}A~ 84A~ 8 4(A~ 8 4@~ 8 4 @~ 8 4A8 809( 49 Depletion........................ ~ 9(Q@ 9(-9( 9(- 9(- 9(- 9(- 9(-~ 9 (A@ 9 (-~ 9 (A@~ 9 (?9 90:( 50 Advertising...................... ~ :4JW~ :4@;@~ :4DA~ :4pA~ :4p@~ :4N@~ :48(A~ :4;@~ : 4P\@~ : 4E@~ : 4 z@~ : 4A: :0;( 51 Pension, prof sh, stock, annuity. ~ ;4g/A~ ;4 @~ ;4A~ ;40~@~ ;4@~ ;4 @~ ;4Њ A~ ;4@~ ; 4K@~ ; 4@~ ; 4Z@~ ; 4p@; ;0<( 52 Employee benefit programs........ ~ <4* R~ <4@~ <4pA~ <40A~ <4 9@~ <4`@~ <4A~ <4@~ < 4@~ < 4g@~ < 4@~ < 4PA< <0=( 53 Net loss, noncapital assets...... ~ =4ȝA=(*15,188 =(- =(-~ =(?=(*1,376~ =4t@=(*1,989~ = 4@~ = 4R@~ = 49@~ = 4@= =0>( 54 Other deductions................. ~ >4D~ >4@~ >4~ >4 l~ >4NO~ >4ZC~ >4IA~ >4hg~ > 4r~ > 4:UG~ > 4.~ > 46> >0?( 55 Total receipts less total deducts.. ~ ?4n~ ?4A~ ?4־~ ?48/A~ ?4~1~ ?4$l A~ ?4f߶~ ?4v,~ ? 4n/A~ ? 4Ɠ(~ ? 4#~ ? 4? ?@@AG@B@C@D@EG@F@G@H@IG@J@K@L@M@N@O@P@QG@R@S@T@UG@V@W@X@Y@Z@[0@( Total 1120S corporation net @( @(@(@(@(@(@(@(@ (@ (@ (@ (@ @0A( 56 income (less deficit)............. ~ A4u~ A4.G)~ A4:=~ A44{/A~ A43~ A44(~ A4J/~ A4,A~ A 4JY~ A 4|B~ A 4^$>~ A 4:'"A A0B( 57 1120S corporation net income..... ~ B4N~ B4֭7~ B4>,~ B4L~ B4^7~ B4H)A~ B4*6~ B4C~ B 4d;A~ B 4oN~ B 46@~ B 4,8B B0C( 58 1120S corporation deficit........ ~ C4V~ C4P A~ C4 A~ C4 AC(*75,434~ C4HgA~ C4A~ C4حA~ C 4HA~ C 4A~ C 4@~ C 4LAC C0D( Net income (less deficit) from D( D(D(D(D(D(D(D(D (D (D (D (D D0E( 59 a trade or business............... ~ E4ڋd~ E4A~ E4CA~ E4>~ E4(A~ E4 ~ E4~ E4&A~ E 4/A~ E 4V'~ E 4#!A~ E 4V E E0F( 60 Net income....................... ~ F4'~ F4 A~ F46~ F4.L~ F47~ F4(A~ F4?~ F4-A~ F 4:X~ F 4f}4~ F 4^4-~ F 4F F0G( 61 Deficit.......................... ~ G4d~ G40>A~ G4tA~ G4 AG(*97,619~ G4DA~ G4 A~ G47A~ G 4`A~ G 4 N A~ G 4 A~ G 4_!AG G0H( Portfolio income (less deficit) H( H(H(H(H(H(H(H(H (H (H (H (H H0I( 62 distributed to shareholders:..... ~ I4U~ I4rA~ I4A~ I4@~ I4N~ I4g@~ I4|GA~ I4 A~ I 4tA~ I 4(zA~ I 4<A~ I 4OkI I0J( 63 Dividend income.................. ~ J4lA J(*98J(*15,192~ J4@~ J4 @~ J4v@~ J4 @~ J4e@~ J 4@~ J 4@~ J 4@@~ J 4hAJ J0K( 64 Interest income.................. ~ K49~ K4r@~ K4p[@~ K4H@~ K4@~ K4@~ K4A~ K40 @~ K 4`@~ K 4@~ K 4@~ K 4AK K0L( 65 Royalty income (less loss)....... ~ L4¼@ L(- L(-L( L(- L(-~ L(@ L(*584~ L 4֡@~ L (A@~ L 4Ь@~ L (@L L0M( 66 Net S-T capital gain (less loss). ~ M4#AM(*13,512M(*-9,926M(*-1,587~ M(*@M(*61,667~ M4@~ M4)@~ M 4`,@~ M 4J@~ M 4@@~ M 4= AM M0N( 67 Net L-T capital gain (less loss). ~ N465~ N48AN(*50,516~ N47N(*-14,541N(*5,649~ N4h A~ N4 @~ N 4A~ N 4A~ N 4P A~ N 4x6N N0O( 68 Other portfolio income (net)..... ~ O4AO( O(- O(- O(-O(*37,076 O(*527 O(*222~ O 4p~ O 4@~ O 4l@~ O 40@O O0P( Real estate rental net income P( P(P(P(P(P(P(P(P (P (P (P (P P0Q( 69 (less deficit)................. ~ Q4@~ Q((@ Q(-Q(*4,095Q(*-4,679Q(*-3,701~ Q4.@~ Q4~ Q 4@~ Q (^~ Q 4(@~ Q 4 @Q Q0R( 70 Net income....................... ~ R4@~ R((@ R(-R(*9,044 R(*130 R(-~ R4>@ R(*858~ R 4@{@~ R 4I@~ R 4D@~ R 4@R R0S( 71 Deficit.......................... ~ S4@ S(- S(-S(*4,949S(*4,809S(*3,701~ S(p@~ S4@~ S 46@~ S 4ð@~ S (؈@~ S 4@S S0T( Net income (less deficit) from T( T(T(T(T(T(T(T(T (T (T (T (T T0U( 72 other rental activity.......... ~ U4@ U(- U(- U(*347U(*28,218~ U(? U(*115 U(*-290~ U 4~ U 4@~ U 4~ U 4U U0V( 73 Net income....................... ~ V42@ V(- V(- V(*347V(*28,218~ V(? V(*115 V(*170~ V 4 @~ V 4d@~ V (@~ V 4H@V V0W( 74 Deficit.......................... ~ W4@ W(- W(- W(- W(- W(- W(-~ W(|@~ W 4@~ W 4|@~ W 4@~ W 4@W W0X( 75 Total income tax before credits.... ~ X4@@~ X(J@ X(*832 X(- X(- X(- X(- X(*345~ X 4<@~ X (@~ X 4`@~ X 4@X X0Y( 76 Built-in gains tax............... ~ Y4@~ Y(J@ Y(*832 Y(- Y(- Y(- Y(- Y(*345~ Y 4@~ Y (@~ Y (w@~ Y 4S@Y Y0Z$( 77 Excess net passive income tax.... ~ Z)ȍ@ Z)- Z)- Z)- Z)- Z)- Z)- Z)-~ Z ) r@ Z )-~ Z )@ Z )-Z Zg[3_Source: IRS, 2003 Corporation Source Book of Statistics of Income. Publication 1053. May 2006.[[[[[[[[[ [ [ [ [ [= x_7_> "