OCR Text |
Show utah construction & mining co and subsidiaries statement of consolidated income for the years ended october 3 1 : income gross revenues from operations note 5 costs and expenses gross profit from operations equity in net income of — affiliates note 1 ) joint ventures proportionate share of gross revenue approximately 35,000,000 for 1967 and 38,000,000 for 1966 note 5 gain on sale of equipment and investments interest other income expense gross profit and other income expenses : general and administrative employees retirement plan provision interest net income before income taxes . . provision for income taxes net income net income per share statement of consolidated earned surplus for the years ended october 3 1 : balance beginning of year add — net income deduct — cash dividends 1.30 per share in 1967 and 1.10 per share in 1966 . balance end of year including equity in undistributed earnings of affiliates notes 1 and 3 1967 $ 73,378,618 16,543,318 $ 89,921,936 5,590,311 64,933,418 13,175,463 78,108,881 4,730,263 utah construction & mining co and subsidiaries statement of funds for the years ended october 31 funds were provided from : net income add — depreciation and depletion expenses not requiring an expenditure of funds increase in long-term liabilities — loan from insurance company , other net decrease in investment in joint ventures total funds provided funds were used for increase in net investment in — affiliates land and real estate construction and mining equipment and facilities other assets cash dividends paid to stockholders total funds used net increase decrease in working capital an integral pan of ihh j 1967 $ 16,543,318 5,975,635 $ 22,518,953 5,000,000 1,590,372 5,294,588 8,280,491 4,694,119 14,062,159 2,653,064 5,590,311 |