�\pgldobl00 f\l0 �)KB�  dMbP?_"*+�%�����1 ��Arial1 ��Arial1 ��Arial1 ��Arial1 ��Arial1 ��Arial1'�� Courier Newrier New 0d<1 ��Arial1 ��Arial1 x�Arial��&�?'�?(�?)�?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 &XA�C #0�C  HA�C #XA�C #xA�C #xA��C  hA��C &xA�C &xA��C "A�C "A�C "A�C "A��C "A��C  hA�C "A�C "A�C "A�C #xA��C #xA�C #XA�C #xA�C &XA�C #XA�C #xA�C #XA�C !XA�C !xA��C !xA��C  HA�C #|A��������������U} �(}  �} � \�l�@�@�@�@ ��@��@��@��@ ��@ ��@ ��@ ��@ ��@��@��@��@��@��@��@��@��@�@�@��@��@��@��@��@��@��@��@<04S Corporations - Returns With and Without Net Income/=52002 Corporation Source Book of Statistics of Income,   - . .0/tlIncome Tax Returns of Active 1120S Corporations with Accounting Periods Ended July 2002 Through June 2003 --   - . .0 Utilities/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 22" "Zero "under "under "under "under "under "under  "under  "under  "under  #or $ %Total%Assets~ &Y@~ &@o@~ &@@~ &@@~ &@~ &@~  &j@~  &j@~  &j@  'more 0 ( 1 Number of returns.................. ~ 4̚@~ (@ (*815 (*** (*247 (***~ (t@ (***~ (4@ (***~ (@~ ( @  0 ( 2 Total assets....................... ~ 4f)� (- (*51,946 (*** (*80,648 (***~ 4) (***~ 4`A (***~ 4A~ 4z>A  0 ( 3 Cash............................. ~ 4X�A (- (*6,903 (*** (*79,659 (***~ 4`@ (***~ 4z@ (***~ 4@&@~ 4A  0 ( 4 Notes and accounts receivable.... ~ 4�"A (- (*30,246 (*** (- (***~ 4Q@ (***~ 4� @ (***~ 4Y@~ 4�7A  0 ( 5 Less: Allowance for bad debts. ~ 4@ (- (- (*** (- (***~ (5@ (***~ (@ (***~ (`@~ 4h@  0( 6 Inventories...................... ~ 4ȤA (- (- (*** (- (***(*3,816 (***~  4c@  (***~  4@~  4h�A 0( 7 U.S. govt. obligations, total.... ~ 4:@ (- (- (*** (- (*** (- (***  (-  (***~  4:@  (- 0( 8 Tax-exempt securities............ ~ (f@ (- (- (*** (- (*** (- (***  (-  (***  (-  (- 0( 9 Other current assets............. ~ 4A (-~ (@ (*** (- (***(*87,404 (***~  4@  (***~  4@~  4 �A 0( 10 Loans to shareholders............ ~ 4 @ (- (- (*** (- (***(*41,814 (***~  4z@  (***  (-~  4@ @ 0( 11 Mortgage and real estate loans...  (- (- (- (*** (- (*** (- (***  (-  (***  (-  (- 0( 12 Other investments................ ~ 4֪' (- (- (*** (- (***(*32,857 (***~  4�@  (***~  4@~  4D�A 0( 13 Depreciable assets............... ~ 4=A (-(*37,534 (***(*36,630 (***(*499,561 (***~  4PfA  (***~  40�A~  4HA 0( 14 Less: Accumulated depreciation ~ 4~�2 (-(*23,147 (***(*35,641 (***(*235,141 (***~  4@@  (***~  4@@~  4�A 0( 15 Depletable assets................ ~ 4@ (- (- (*** (- (*** (- (***  (-  (***  (-~  4@ 0( 16 Less: Accumulated depletion... ~ 4@ (- (- (*** (- (*** (- (***  (-  (***  (-~  4@ 0( 17 Land............................. ~ 4LA (- (- (*** (- (***(*73,082 (***~  4@  (***~  (y@~  4S@ 0( 18 Intangible assets (Amortizable).. ~ 4(� A (- (*287 (*** (- (***(*39,864 (***~  4@  (***~  4 @~  4NA 0( 19 Less: Accumulated amortization ~ 4 @ (- (*29 (*** (- (***(*13,033 (***~  4@  (***~  (2@~  4@ 0( 20 Other assets..................... ~ 4@@ (- (*151 (*** (- (***(*-35,019 (***~  4@N@  (***~  4{@~  4V@ 0( 21 Total liabilities.................. ~ 4f)� (-(*51,946 (***(*80,648 (***~ 4) (***~  4`A  (***~  4A~  4z>A 0( 22 Accounts payable................. ~ 4PEA (-(*3,165 (*** (- (***(*37,744 (***~  4`@  (***~  4@~  4V A 0( 23 Mort, notes, and bonds under 1 yr ~ 4�A (- (*599 (***(*58,871 (***(*14,517 (***~  4 @  (***~  4;@~  4 @  �l@!��@"��@#��@$��@%��@&��@'�@(��@)��@*��@+��@,��@-��@.��@/��@0��@1��@2�@3��@4��@5�@6��@7��@8��@9��@:��@;��@<��@=��@>��@?��@0 ( 24 Other current liabilities........ ~ 4\�A (- (*348 (*** (*662 (*** (*94,729 (***~ 4k@ (***~ 4`@~ 4X�A  0!( 25 Loans from shareholders.......... ~ !4A !(-!(*4,260 !(*** !(- !(***!(*96,518 !(*** ! (- ! (***~ ! ( @~ ! 4,@! !0"( 26 Mort, notes, bonds, 1 yr or more. ~ "4f�9 "(-"(*15,048 "(*** "(- "(***"(*182,202 "(***~ " 4@ " (***~ " 4p@~ " 4zA" "0#( 27 Other liabilities................ ~ #4 _A #(- #(- #(*** #(- #(***#(*136,572 #(***~ # 4@@ # (***~ # 4s@~ # 48�A# #0$( 28 Net worth........................ ~ $4nX $(-$(*28,525 $(***$(*21,115 $(***~ $4p@ $(***~ $ 4~@ $ (***~ $ 4@~ $ 4l,A$ $0%( 29 Capital stock................... ~ %4@ %(-%(*2,157 %(*** %(*494 %(***~ %4|@ %(***~ % 4@ % (***~ % (f@~ % 4@% %0&( 30 Additional paid-in capital...... ~ &4"A &(-&(*57,724 &(***&(*13,654 &(***&(*18,942 &(***~ & 4�9@ & (***~ & (b@~ & 4A& &0'( 31 Retained earnings-unappropriated ~ '4�(A '(-'(*-31,356 '(***'(*6,967 '(***~ '4@@ '(***~ ' 4@ ' (***~ ' 4@~ ' 4P(A' '0(( 32 Less: Cost of treasury stock... ((*6,999 ((- ((- ((*** ((- ((***((*3,764 ((***~ ( 4@ ( (***~ ( (z@ ( (-( (0)( 33 Total receipts..................... ~ )4�~ )4$)(*89,561 )(***)(*91,670 )(***~ )4�A )(***~ ) 4\�A ) (***~ ) 4YA~ ) 4>$^) )0*( 34 Business receipts................ ~ *4�~ *4@*(*89,185 *(****(*89,978 *(***~ *4A *(***~ * 4A * (***~ * 4tBA~ * 4X�6A* *0+( 35 Interest on govt. obligations.... ~ +(z@ +(- +(- +(*** +(- +(*** +(- +(***~ + (,@ + (*** + (-~ + (e@+ +0,( 36 Net gain, noncapital assets...... ~ ,4R@~ ,(i@ ,(- ,(*** ,(- ,(***~ ,(2@ ,(***~ , 4@ , (***~ , (v@~ , ( y@, ,0-( 37 Other receipts................... ~ -4@~ -4A -(*376 -(***-(*1,691 -(***-(*36,423 -(***~ - 4J@ - (***~ - 4Б@~ - 4O@- -0.( 38 Total deductions................... ~ .4ֱ�~ .4@.(*85,394 .(***.(*88,133 .(***~ .4TJA .(***~ . 4A . (***~ . 4A~ . 4^]. .0/( 39 Cost of goods sold............... ~ /4^;~ /4 @/(*12,670 /(*** /(- /(***/(*179,455 /(***~ / 4x�A / (***~ / 4A~ / 4I/ /00( 40 Compensation of officers......... ~ 04`@~ 04d@0(*4,218 0(*** 0(- 0(***0(*26,693 0(***~ 0 4|@ 0 (***~ 0 4L@~ 0 4a@0 001( 41 Salaries and wages............... ~ 14�A~ 1(b@1(*3,401 1(***1(*26,578 1(***1(*52,039 1(***~ 1 4@ 1 (***~ 1 4,@~ 1 4�@1 102( 42 Repairs.......................... ~ 24v@~ 2(�? 2(*893 2(*** 2(*810 2(***2(*10,044 2(***~ 2 4@ 2 (***~ 2 (O@~ 2 4v@2 203( 43 Bad debts........................ ~ 34@ 3(-~ 3(�? 3(***3(*7,296 3(*** 3(*439 3(***~ 3 (`k@ 3 (***~ 3 4@~ 3 (@3 304( 44 Rent paid on business property... ~ 44� @~ 4(R@4(*22,242 4(***4(*10,750 4(***4(*17,292 4(***~ 4 4@ 4 (***~ 4 (g@~ 4 4@4 405( 45 Taxes paid....................... ~ 54p@~ 54\@5(*1,010 5(***5(*4,553 5(***~ 54h@ 5(***~ 5 4d@ 5 (***~ 5 4@~ 5 4@5 506( 46 Interest paid.................... ~ 64w@~ 6(^@ 6(*277 6(***6(*1,517 6(***6(*5,355 6(***~ 6 4@ 6 (***~ 6 4\@~ 6 4@@6 607( 47 Amortization..................... ~ 74@ 7(- 7(*57 7(*** 7(- 7(***7(*1,512 7(***~ 7 4@ 7 (***~ 7 (@~ 7 4@7 708( 48 Depreciation..................... ~ 840@~ 8( @8(*2,657 8(*** 8(*647 8(***8(*45,646 8(***~ 8 4O@ 8 (***~ 8 4ڨ@~ 8 4@K@8 809( 49 Depletion........................  9(- 9(- 9(- 9(*** 9(- 9(*** 9(- 9(*** 9 (- 9 (*** 9 (- 9 (-9 90:( 50 Advertising...................... ~ :4@ :(- :(*693 :(*** :(*14 :(***:(*1,050 :(***~ : (e@ : (***~ : (``@~ : 4 @: :0;( 51 Pension, prof sh, stock, annuity. ~ ;4@~ ;(@ ;(- ;(*** ;(- ;(***;(*8,359 ;(***~ ; (z@ ; (***~ ; (@[@~ ; 4\@; ;0<( 52 Employee benefit programs........ ~ <4@@~ <(H@ <(*597 <(***<(*4,920 <(***<(*4,732 <(***~ < 4@ < (***~ < (Ȅ@~ < 4_@< <0=( 53 Net loss, noncapital assets...... =(*3,147 =(-=(*2,306 =(*** =(- =(*** =(*61 =(*** = (- = (*** = (-= (= =0>( 54 Other deductions................. ~ >4 KA~ >4@>(*34,372 >(***>(*31,050 >(***~ >4i@ >(***~ > 4�@ > (***~ > 4d@~ > 4 �A> >0?( 55 Total receipts less total deducts.. ~ ?4@�A~ ?4o?(*4,167 ?(***?(*3,536 ?(***~ ?4@ ?(***~ ? 4@ ? (***~ ? 4@~ ? 4x@? ?@�@A�G@B��@C�@D��@E�G@F��@G�@H��@I�G@J��@K��@L��@M��@N��@O��@P��@Q�G@R��@S��@T��@U�G@V��@W��@X��@Y��@Z��@[��0@( Total 1120S corporation net �@(� @(@(@(@(@(@(@(@ (@ (@ (@ (@ @0A( 56 income (less deficit)............. ~ A4h�A~ A4@A(*4,168 A(***A(*5,073 A(***~ A4T@ A(***~ A 4@ A (***~ A 4a@~ A 4 @A A0B( 57 1120S corporation net income..... ~ B4A B(-B(*4,168 B(***B(*5,073 B(***B(*94,110 B(***~ B 4@ B (***~ B 4a@~ B 4У@B B0C( 58 1120S corporation deficit........ ~ C4@~ C4@@ C(- C(*** C(- C(***C(*44,281 C(***~ C 4@ C (***~ C 4@~ C 4@C 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............... ~ E4жA~ E4oE(*4,167 E(***E(*3,536 E(***~ E4@ E(***~ E 4 @ E (***~ E 4@~ E 4ʵ@E E0F( 60 Net income....................... ~ F4T�A F(-F(*4,167 F(***F(*3,536 F(***F(*90,813 F(***~ F 4`0@ F (***~ F 4@@~ F 4�@F F0G( 61 Deficit.......................... ~ G4AA~ G4o@ G(- G(*** G(- G(***G(*46,481 G(***~ G 4T@ G (***~ G 4p@~ G 4`@G G0H( Portfolio income (less deficit) �H(� H(H(H(H(H(H(H(H (H (H (H (H H0I( 62 distributed to shareholders:..... ~ I4`@~ I( v@ I(*1 I(***I(*1,537 I(***I(*5,497 I(***~ I 4x@ I (***~ I (8@~ I 4P@I I0J( 63 Dividend income.................. ~ J44@ J(- J(- J(*** J(- J(*** J(- J(***~ J (F@ J (***~ J (@[@~ J 4>@J J0K( 64 Interest income.................. ~ K4#@~ K(pt@ K(*1 K(***K(*1,537 K(***K(*4,679 K(***~ K 4ܑ@ K (***~ K (@~ K 4@K K0L( 65 Royalty income (less loss)....... ~ L(:@ L(- L(- L(*** L(- L(*** L(- L(*** L (- L (*** L (-~ L (:@L L0M( 66 Net S-T capital gain (less loss). ~ M4�*@~ M(Y� M(- M(*** M(- M(*** M(- M(***~ M (e� M (***~ M (d~ M 4@M M0N( 67 Net L-T capital gain (less loss). ~ N4 @~ N(`@ N(- N(*** N(- N(***~ N(@ N(***~ N (C@ N (***~ N (U~ N 43N N0O( 68 Other portfolio income (net).....  O(- O(- O(- O(*** O(- O(*** O(- O(*** O (- O (*** O (- O (-O O0P( Real estate rental net income �P(� P(P(P(P(P(P(P(P (P (P (P (P P0Q( 69 (less deficit)................. Q(*-5,100 Q(- Q(- Q(*** Q(- Q(*** Q(- Q(*** Q (- Q (***~ Q 4� Q (-Q Q0R( 70 Net income....................... ~ R(W@ R(- R(- R(*** R(- R(*** R(- R(*** R (- R (*** R (- R (-R R0S( 71 Deficit.......................... S(*5,192 S(- S(- S(*** S(- S(*** S(- S(*** S (- S (***~ S 4@ S (-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.......... ~ U(@y@ U(- U(- U(*** U(- U(*** U(- U(***~ U (R@ U (*** U (-~ U (@t@U U0V( 73 Net income....................... ~ V(@y@ V(- V(- V(*** V(- V(*** V(- V(***~ V (R@ V (*** V (-~ V (@t@V V0W( 74 Deficit..........................  W(- W(- W(- W(*** W(- W(*** W(- W(*** W (- W (*** W (- W (-W W0X( 75 Total income tax before credits.... ~ X(@ X(- X(- X(*** X(- X(*** X(- X(***~ X (@ X (*** X (- X (-X X0Y( 76 Built-in gains tax............... ~ Y(@ Y(- Y(- Y(*** Y(- Y(*** Y(- Y(***~ Y (@ Y (*** Y (- Y (-Y Y0Z$( 77 Excess net passive income tax....  Z)- Z)- Z)- Z)*** Z)- Z)*** Z)- Z)*** Z )- Z )*** Z )- Z )-Z Zg[3_Source: IRS, 2003 Corporation Source Book of Statistics of Income. Publication 1053. May 2006.[[[[[[[[[ [ [ [ [ [= �MC5> ��" ������������������������������