�\pgldobl00 f\l0 S)8JB�  dMbP?_"*+�%�����1 ��Arial1 ��Arial1 ��Arial1 ��Arial1 ��Arial1 ��Arial1'�� Courier Newrier New 04d<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/=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 --   - . .'0Accommodation and food services/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 72" "Zero "under "under "under "under "under "under  "under  "under  "under  #or $ %Total%Assets~ &Y@~ &@o@~ &@@~ &@@~ &@~ &@~  &j@~  &j@~  &j@  'more 0 ( 1 Number of returns.................. ~ 4A~ 4@~ 4@~ 4�@~ 4n@~ 4w@~ 4}@~ (0@~ ( |@~ (U@~ (B@~ (:@  0 ( 2 Total assets....................... ~ 4^ (-~ 4�!�~ 4JM~ 4M�~ 4F~ 46O~ 4Z~ 4�~ 4N/�~ 4z~ 4h5\A  0 ( 3 Cash............................. ~ 4�+� (-~ 4Xr$A~ 4'A~ 4 C~ 4l&~ 4ƀ~ 4D�A~ 4e A~ 4xA~ 4hGA~ 44$$A  0 ( 4 Notes and accounts receivable.... ~ 4ʬ� (-~ 4A~ 4@~ 4qA~ 4h1A~ 4^X*~ 40�A~ 4�,A~ 4`L�@~ 4P@~ 40  0 ( 5 Less: Allowance for bad debts. ~ 4@ (- (- ( (- (- (*2,963 (*2,825~ 4x@~ 4>@~ 4s@~ 4>@  0( 6 Inventories...................... ~ 4h� (-~ 4$[A~ 4dA~ 4L�A~ 4OA~ 4LvA~ 48�A~  4 @~  4n@~  4@@~  4N@ 0( 7 U.S. govt. obligations, total.... (*134,494 (- (- (-(*17,239 (-(*38,246(*41,589~  4@~  (p@~  47@~  4@ 0( 8 Tax-exempt securities............ (*25,386 (- (- (- (- (-~ ( h@(*18,311~  4]@~  ((@  (-  (- 0( 9 Other current assets............. ~ 4և� (-~ 4A~ 4�A~ 4A~ 4(� A~ 42A~ 4�A~  4A~  4x�A~  4�A~  4�"A 0( 10 Loans to shareholders............ ~ 4h (-~ 48�A~ 4�@(*64,242~ 4�@~ 4&A~ 4Y A~  4�3@~  4@~  4�@~  4@@ 0( 11 Mortgage and real estate loans... ~ 4�A (- (- (- (- (-(*257,606(*11,724~  4@~  4?@~  46@~  4@ 0( 12 Other investments................ ~ 4  (-(*17,901(*128,887(*104,452~ 48!A~ 4`�1A~ 4XYA~  4&&~  4�A~  4X A~  44 0( 13 Depreciable assets............... ~ 4&ȭ (-~ 4W~ 4r~ 4�~ 4^I�~ 46P~ 4�~  4U|~  4RM�~  4�~  4SA 0( 14 Less: Accumulated depreciation ~ 4R~  (-~ 4~�~ 4z�~ 4 ~ 4�)~ 4V~ 4r�~  4�1�~  4>P~  48~  4� 0( 15 Depletable assets................ (*80,579 (-(*13,003 (- (- (- (-(*61,049~  (@W@  (-  (-~  4"@ 0( 16 Less: Accumulated depletion... (*60,273 (-(*7,646 (- (- (- (-(*52,612~  (.@  (-  (-  (- 0( 17 Land............................. ~ 4Z (-~ 4 @~ 4�4A~ 4hA~ 4^�!~ 4y�~ 40A~  4&~  4(�A~  4SA~  4`*A 0( 18 Intangible assets (Amortizable).. ~ 4 (-~ 4t�A~ 4R~ 4,~ 4.�<~ 4_�~ 4h,A~  4^'A~  4 �A~  4XjA~  4A 0( 19 Less: Accumulated amortization ~ 4&j� (-~ 4A~ 4\uA~ 4�A~ 4|�A~ 4xH/A~ 4vA~  4A~  4@~  4@~  4@ 0( 20 Other assets..................... ~ 4x:A (-~ 40cA~ 4@@~ 4x_A~ 40H�@~ 4h�A~ 4@~  43A~  4@&@~  4A@~  4|"A 0( 21 Total liabilities.................. ~ 4^ (-~ 4�!�~ 4JM~ 4M�~ 4F~ 46O~ 4Z~  4�~  4N/�~  4z~  4h5\A 0( 22 Accounts payable................. ~ 4PA (-~ 4A A~ 4eA~ 4L A~ 4KA~ 4P�.A~ 4(~A~  4(�A~  4�A~  4u@~  4�,A 0( 23 Mort, notes, and bonds under 1 yr ~ 4Z# (-~ 4|�A~ 4jA~ 4A~ 4A~ 4�"f~ 4v$~  4�A~  4(�A~  4`�@~  4�>A  �l@!��@"��@#��@$��@%��@&��@'��@(��@)� @*��@+��@,��@-� @.��@/��@0��@1��@2��@3��@4��@5��@6��@7��@8��@9��@:��@;��@<�@=��@>�@?��@0 ( 24 Other current liabilities........ ~ 4M@ (-~ 4kA~ 44�A~ 4 �A~ 4Έ"~ 4Hp5A~ 4�A~ 4 �A~ 4P A~ 4A~ 4F�#  0!( 25 Loans from shareholders.......... ~ !4D� !(-~ !4R~ !4.jx~ !4\~ !4p�~ !4y*~ !4/"A~ ! 4"~ ! 4@~ ! 4x�A~ ! 4`@! !0"( 26 Mort, notes, bonds, 1 yr or more. ~ "4z�: "(-~ "4D�-A~ "4J�~ "4>~ "4�~ "4fB~ "4v�~ " 4�~ " 4L7A~ " 4?~ " 4޻�" "0#( 27 Other liabilities................ ~ #4n\ #(-~ #4`@~ #4 �#(*2,043#(*32,840~ #44A~ #4N@~ # 4XA~ # 4D@~ # 4 @~ # 4V1&# #0$( 28 Net worth........................ ~ $4b�3 $(-~ $46�~ $(~ $4m~ $4pp~ $4�~ $4V~ $ 4JF~ $ 4!A~ $ 4� ~ $ 4��$ $0%( 29 Capital stock................... ~ %4jb %(-~ %4V&~ %4/A~ %4#~ %4!A~ %4�2?~ %4BA~ % 48 A~ % 4@~ % 4@~ % 4iA% %0&( 30 Additional paid-in capital...... ~ &4� &(-~ &4&4~ &4_~ &4y�~ &4A~ &4�~ &4@E~ & 4|�$A~ & 4� A~ & 4PWA~ & 4:p`& &0'( 31 Retained earnings-unappropriated ~ '4r� '(-~ '4^c�~ '4Fs�~ '4<�.~ '4h%~ '4f�~ '4(QA~ ' 4xdA~ ' 4t|A~ ' 4H A~ ' 4&F' '0(( 32 Less: Cost of treasury stock... ~ (4Gt ((-((*284,941((*318,243((*50,759((*241,852~ (40$%A((*40,213~ ( 4 S@~ ( 4j@~ ( 4@~ ( 4@( (0)( 33 Total receipts..................... ~ )4^h#~ )4>~ )4I/~ )4jH~ )4n 2~ )4RF�~ )4$�~ )4&m�~ ) 4� �~ ) 4Z~ ) 4a�~ ) 4}f) )0*( 34 Business receipts................ ~ *4G�"~ *4{~ *4zy%~ *4"4;~ *4,~ *4nLJ~ *4�0�~ *4�~ * 4rC�~ * 4�~ * 4o�~ * 4"[* *0+( 35 Interest on govt. obligations.... ~ +4#@ +(- +(- +(- +(- +(-+(*9,754 +(*71~ + (Ў@~ + (@b@~ + (@s@~ + 4@+ +0,( 36 Net gain, noncapital assets...... ~ ,40tA,(*54,085,(*11,271 ,(*555,(*10,017,(*33,563~ ,4@@,(*5,662~ , 4J@~ , 4@~ , (x@~ , 4@, ,0-( 37 Other receipts................... ~ -4G?A~ -4�4@~ -4@A~ -40s A~ -4� @~ -4A~ -4v�!~ -4�!A~ - 4�A~ - 4 @~ - 4@~ - 4OA- -0.( 38 Total deductions................... ~ .4�"~ .4�~ .4z9~ .4�5~ .4J�~ .4.`�~ .4zvv~ .4 �~ . 4F_�~ . 4LA~ . 4�4�~ . 4>wb. .0/( 39 Cost of goods sold............... ~ /4r ~ /4^@8~ /4�~ /4�~ /4^-~ /4@[A~ /4J=�~ /4OGA~ / 4� �~ / 4.vX~ / 4Nu,~ / 4~`/ /00( 40 Compensation of officers......... ~ 04�)~ 04@~ 04:uL~ 04-~ 04s7~ 04h]A~ 04Ċ$A~ 04� A~ 0 4 @~ 0 4N@~ 0 4@5@~ 0 4@0 001( 41 Salaries and wages............... ~ 14Jo~ 14v A~ 14xOA~ 14�~ 14�~ 14X�~ 14j`~ 14Jd~ 1 4\�7A~ 1 4.~ 1 4A~ 1 4K1 102( 42 Repairs.......................... ~ 24DA~ 24�@~ 24@A~ 24A~ 24tA~ 24�A~ 24N�+~ 24�A~ 2 4 {A~ 2 4�1@~ 2 4`_@~ 2 4p@2 203( 43 Bad debts........................ ~ 34HMA3(*30,946~ 34@ 3(*173~ 34 @~ 34[@~ 34@~ 34&@~ 3 4@~ 3 4@~ 3 4.@~ 3 4@3 304( 44 Rent paid on business property... ~ 44u~ 444A~ 44�~ 44*nT~ 44m4A~ 44l�7A~ 44 -=A~ 44H�A~ 4 4gA~ 4 4)A~ 4 4 @~ 4 4D A4 405( 45 Taxes paid....................... ~ 54&�~ 54@~ 54}1A~ 546�1~ 54�,+A~ 54VR0~ 54a5A~ 54A~ 5 4A~ 5 43A~ 5 48,A~ 5 4 A5 506( 46 Interest paid.................... ~ 64R�~ 64@~ 64 @~ 64� A~ 64�A~ 64LGA~ 64�,A~ 64 A~ 6 4�A~ 6 4w@~ 6 4@@~ 6 4x A6 607( 47 Amortization..................... ~ 74Y%~ 74l@~ 74@~ 74�@~ 74@~ 74`@~ 74cA~ 74�@~ 7 4 @~ 7 4@~ 7 4@~ 7 4{@7 708( 48 Depreciation..................... ~ 84eRA~ 84 @~ 84heA~ 84�A~ 84P�A~ 84�#~ 84W~ 84D�A~ 8 4t�A~ 8 4(�A~ 8 4A~ 8 4A8 809( 49 Depletion........................ 9(*2,698 9(-9(*2,698 9(- 9(- 9(- 9(- 9(- 9 (- 9 (- 9 (- 9 (-9 90:( 50 Advertising...................... ~ :4�~ :4@@~ :4dA~ :4@�A~ :4LA~ :4%A~ :4@~ :4A~ : 4`�A~ : 4@~ : 4@@~ : 4�A: :0;( 51 Pension, prof sh, stock, annuity. ~ ;4�7A ;(-;(*19,077;(*4,457;(*19,014;(*12,125~ ;4@~ ;4@:@~ ; 4j@~ ; 48@~ ; 4S@~ ; 4{@; ;0<( 52 Employee benefit programs........ ~ <4L<(*2,148~ <40@~ <4`:@~ <4H2 A~ <4�A~ <4P�A~ <4F@~ < 40/@~ < 4@~ < 4@@~ < 41@< <0=( 53 Net loss, noncapital assets...... ~ =4t@=(*8,970=(*15,230=(*39,876 =(- =(-=(*2,071=(*1,584~ = 4@~ = 4$@~ = 4*@~ = 4й@= =0>( 54 Other deductions................. ~ >4I�~ >4� A~ >4 ~ >4�~ >4A�~ >4~�~ >4ָE~ >4�4A~ > 4�64A~ > 4~%~ > 4F�5~ > 48> >0?( 55 Total receipts less total deducts.. ~ ?48GA~ ?4 ~ ?4lA~ ?4T$A~ ?4^�7~ ?4H� A~ ?4?~ ?4�A~ ? 4�A~ ? 4` @~ ? 4x~ ? 4 @? ?@�@A�G@B��@C��@D��@E�G@F��@G��@H��@I�G@J��@K��@L��@M��@N�@O� @P��@Q�G@R�@S�@T��@U�G@V��@W��@X��@Y��@Z��@[��0@( Total 1120S corporation net �@(� @(@(@(@(@(@(@(@ (@ (@ (@ (@ @0A( 56 income (less deficit)............. ~ A4NC�~ A42~ A4=A~ A4@&A~ A49~ A4�7A~ A4N`K~ A4( A~ A 4 A~ A 4u@~ A 4c@~ A 4�8 AA A0B( 57 1120S corporation net income..... ~ B4n�~ B4A~ B4S~ B4^�;~ B4� 2A~ B4O+~ B4.w~ B4�A~ B 4A~ B 4AA~ B 4�@~ B 4nAB B0C( 58 1120S corporation deficit........ ~ C4r+�~ C4iA~ C44~ C4�)~ C4�2A~ C4A~ C4p,&A~ C4`@~ C 4A~ C 4@@~ C 4@~ C 4`F@C C0D( Net income (less deficit) from �D(� D(D(D(D(D(D(D(D (D (D (D (D D0E( 59 a trade or business............... ~ E4�~ E4 ~ E4lA~ E4T$A~ E4^�7~ E4H� A~ E4&?~ E4A~ E 40dA~ E 4@@~ E 4~ E 4@E E0F( 60 Net income....................... ~ F4F~�~ F40@~ F4ڗR~ F4-A~ F4F~ F46%)~ F4n~ F4\GA~ F 4LA~ F 4@~ F 4�@~ F 4 - AF F0G( 61 Deficit.......................... ~ G4�~ G4�A~ G4n�7~ G4nO(~ G4� A~ G4?A~ G4f�/~ G4�@~ G 4�5A~ G 4!@~ G 40|@~ G 48BAG G0H( Portfolio income (less deficit) �H(� H(H(H(H(H(H(H(H (H (H (H (H H0I( 62 distributed to shareholders:..... ~ I4(A~ I40�A~ I4@~ I4@~ I4@~ I4@~ I4A~ I4@~ I 4 _@~ I 4@~ I 4U@~ I 4�%AI I0J( 63 Dividend income.................. ~ J4@ J(- J(*89 J(*100 J(*221J(*2,461~ J4@ J(*790~ J 4b@~ J (@~ J 4h@~ J ( @J J0K( 64 Interest income.................. ~ K4,eAK(*15,462~ K4@~ K4 @~ K4@~ K4@~ K4@~ K4@@~ K 4@~ K 4v@~ K 4p@~ K 4/@K K0L( 65 Royalty income (less loss)....... ~ L4W@ L(- L(- L(- L(- L(-~ L46@ L(-~ L 4 @~ L (3@ L (-~ L (m@L L0M( 66 Net S-T capital gain (less loss). ~ M4д�M(*-4,921M(*-6,922 M(- M(*63 M(*864 M(*-599M(*1,197~ M 4 @~ M (y@~ M (`i@~ M 4\@M M0N( 67 Net L-T capital gain (less loss). ~ N4D�AN(*193,721N(*10,344N(*10,854N(*10,778N(*3,747~ N4@@~ N4@~ N 4@~ N 4@~ N 4@~ N 4`@N N0O( 68 Other portfolio income (net)..... ~ O(M@ O(- O(- O(- O(- O(- O(- O(-~ O (3� O (-O (~ O (S@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(*16,685Q(*-43,646Q(*-1,242Q(*13,648~ Q4@Q(*4,880~ Q 4@~ Q 4@~ Q 4[@~ Q 4 @Q Q0R( 70 Net income....................... ~ R4@ R(-R(*16,685R(*1,306 R(-R(*13,648~ R4E@R(*5,100~ R 4@~ R 4ܿ@~ R 4ϳ@~ R 4@R R0S( 71 Deficit.......................... ~ S4 @ S(- S(-S(*44,951S(*1,242 S(-S(*1,509 S(*220~ S 4B@~ S (@~ S (Pw@~ 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.......... ~ U4@U(*12,525U(*34,549 U(- U(-U(*2,346 U(*-19~ U("@~ U ( @~ U (@ U (-~ U (n@U U0V( 73 Net income....................... ~ V4@@V(*12,525V(*34,549 V(- V(-V(*2,346 V(-~ V("@~ V (0@~ V (@ V (-~ V (n@V V0W( 74 Deficit..........................  W(*135 W(- W(- W(- W(- W(- W(*19 W(-~ W (]@ W (- W (- W (-W W0X( 75 Total income tax before credits.... ~ X4ҡ@ X(- X(- X(- X(- X(- X(- X(-~ X 40@ X (-~ X (@h@~ X (.@X X0Y( 76 Built-in gains tax............... ~ Y4ҡ@ Y(- Y(- Y(- Y(- Y(- Y(- Y(-~ Y 40@ Y (-~ Y (@h@~ 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.[[[[[[[[[ [ [ [ [ [= �x_7_> ��" ������������������������������