Read this article now - Try Goliath Business News - FREE!   
You can view this article PLUS...

• Over 5 million business articles
• Hundreds of the most trusted magazines, newswires, and journals (see list)
• Premium business information that is timely and relevant
• Unlimited Access

Tell Me More   Terms and Conditions

Purchase this article for $4.95

... Agriculture, forestry, and hunting All Item industries Total (1) (2) Number partnerships 1,580,266 74,136 Number of partners 10,309,689 252,949 Total assets 9,920,025,185 57,874,685 Income and deductions from a trade or business: Total income 2,927,895,905 21,540,652 Business receipts 2,678,914,018 15,759,473 Ordinary income from other partnerships and fiduciaries 72,576,071 396,054 Farm net profit 4,591,203 4,500,683 Net gain, noncapital assets 12,219,663 398,057 Other income 159,594,951 486,385 Total deductions 2,492,155,934 15,786,948 Cost of good sold [1] 1,579,943,984 10,613,003 Inventory, beginning of year 134,013,551 798,400 Purchases 1,044,628,785 7,773,284 Cost of labor 58,886,149 409,167 Additional inventory costs (section 263A) 14,590,181 89,789 Other costs 481,524,960 2,441,097 Less: Inventory, end of year 154,853,359 898,735 Salaries and wages 223,535,935 949,538 Guaranteed payments to partners 27,927,545 593,833 Rent paid 40,504,301 110,570 Interest paid 70,418,521 246,761 Taxes and licenses 35,697,932 163,547 Bad debts 10,679,836 2,980 Repairs and maintenance 12,166,333 189,614 Depreciation 46,097,342 383,621 Depletion 772,430 Retirement plans, etc. 7,481,116 16,586 Employee benefit programs 15,871,702 38,369 Net loss from other partnerships and fiduciaries 4,471,958 50,787 Farm net loss 407,817 286,972 Net loss, noncapital assets 1,008,050 2,768 Other deductions 415,171,133 2,138,000 Ordinary business income (loss) 435,739,972 5,753,704 Net income 443,339,522 6,035,887 Loss 7,599,551 282,184 Portfolio income (loss) distributed directly to partners 474,319,179 1,366,139 Interest income 121,067,985 464,935 Dividend income 63,593,737 72,590 Royalties 15,151,344 216,003 Net short-term capital gain (loss) 37,073,755 45,815 Net long-term capital gain (loss) 237,432,357 566,795 Net rental real estate income (loss) 82,232,226 585,942 Net income 86,390,224 613,804 Loss 4,157,998 27,862 Other net rental income (loss) 5,820,596 179,946 Net income 6,178,632 183,093 Loss 358,036 * 3,147 Total net income (loss) [2] 723,605,859 7,273,121 Agriculture, forestry, fishing, and hunting Crop Animal Item production production (3) (4) Number of partnerships 47,370 17,529 Number of partners 169,844 51,144 Total assets 24,025,301 16,385,152 Income and deductions from a trade or business: Total income 5,296,430 7,006,017 Business receipts 1,969,915 5,107,774 Ordinary income from other partnerships and fiduciaries 123,659 129,616 Farm net profit 3,011,830 1,454,562 Net gain, noncapital assets 125,135 245,457 Other income 65,891 68,608 Total deductions 2,314,426 5,200,469 Cost of good sold [1] 1,172,942 4,099,191 Inventory, beginning of year 26,398 375,966 Purchases 637,885 3,170,162 Cost of labor * 81,748 102,363 Additional inventory costs (section 263A) 205 416 Other costs 468,388 804,515 Less: Inventory, end of year 41,683 354,231 Salaries and wages 132,526 141,670 Guaranteed payments to partners 195,406 220,730 Rent paid 25,178 32,070 Interest paid 41,542 63,147 Taxes and licenses 21,452 22,600 Bad debts * 321 618 Repairs and maintenance 28,358 30,534 Depreciation 59,241 127,166 Depletion Retirement plans, etc. * 2,259 2,910 Employee benefit programs * 6,195 8,739 Net loss from other partnerships and fiduciaries * 22,456 11,806 Farm net loss 193,539 88,544 Net loss, noncapital assets * 100 * 1,955 Other deductions 412,912 348,789 Ordinary business income (loss) 2,982,004 1,805,548 Net income 3,132,979 1,856,871 Loss 150,975 51,323 Portfolio income (loss) distributed directly to partners 416,817 307,595 Interest income 84,970 100,780 Dividend income 42,140 16,674 Royalties 76,039 87,930 Net short-term capital gain (loss) * 684 * 2,377 Net long-term capital gain (loss) 212,984 99,834 Net rental real estate income (loss) 474,392 59,050 Net income 489,120 72,081 Loss 14,728 * 13,031 Other net rental income (loss) 163,095 * 2,357 Net income 166,242 * 2,357 Loss * 3,147 Total net income (loss) [2] 3,822,641 2,072,339 Agriculture, forestry, fishing, and hunting Forestry and Fishing, hunting, Item logging and trapping (5) (6) Number of partnerships 3,257 474 Number of partners 16,401 1,315 Total assets 14,355,008 213,125 Income and deductions from a trade or business: Total income 2,263,457 1,361,384 Business receipts 1,936,361 1,311,398 Ordinary income from other partnerships and fiduciaries * 121,121 * 17,924 Farm net profit * 1,840 Net gain, noncapital assets 17,458 * 8,258 Other income 186,676 * 23,804 Total deductions 1,918,788 1,162,835 Cost of good sold [1] 990,469 * 692,303 Inventory, beginning of year * 55,317 * 54,818 Purchases 472,436 * 475,914 Cost of labor * 73,474 * 77,748 Additional inventory costs (section 263A) * 20,063 * 2,189 Other costs 418,909 * 163,340 Less: Inventory, end of year * 49,729 * 81,704 Salaries and wages 210,725 * 23,845 Guaranteed payments to partners 103,606 * 22,239 Rent paid 7,022 * 4,559 Interest paid 20,714 66,347 Taxes and licenses 44,067 10,594 Bad debts 28 299 Repairs and maintenance 50,336 10,035 Depreciation 58,798 27,303 Depletion Retirement plans, etc. * 4,621 410 Employee benefit programs * 8,531 * 2,350 Net loss from other partnerships and fiduciaries * 13,553 * 2,220 Farm net loss * 1,695 Net loss, noncapital assets 19 * 9 Other deductions 404,605 300,322 Ordinary business income (loss) 344,669 198,548 Net income 415,505 198,548 Loss 70,836 Portfolio income (loss) distributed directly to partners 464,422 145,256 Interest income 260,456 3,317 Dividend income * 3,439 * 3,296 Royalties * 48,179 Net short-term capital gain (loss) * 41,996 Net long-term capital gain (loss) * 110,351 * 138,643 Net rental real estate income (loss) 29,782 Net income 29,790 Loss * 8 Other net rental income (loss) * 9,017 * 2,803 Net income * 9,017 * 2,803 Loss Total net income (loss) [2] 695,542 207,965 Agriculture, forestry, fishing, and hunting Mining Support activities for agriculture Item and forestry Total (7) (8) Number of partnerships 5,506 19,406 Number of partners 14,246 407,906 Total assets 2,896,099 121,936,636 Income and deductions from a trade or business: Total income 5,613,364 82,997,281 Business receipts 5,434,025 78,230,628 Ordinary income from other partnerships and fiduciaries * 3,733 2,062,282 Farm net profit * 32,451 * 563 Net gain, noncapital assets 1,748 1,146,827 Other income 141,406 1,556,980 Total deductions 5,190,429 49,343,076 Cost of good sold [1] 3,658,098 30,581,085 Inventory, beginning of year 285,902 1,165,794 Purchases 3,016,887 14,043,188 Cost of labor 73,835 1,924,117 Additional inventory costs (section 263A) * 66,916 231,644 Other costs 585,944 14,706,393 Less: Inventory, end of year 371,387 1,490,051 Salaries and wages 440,773 1,157,163 Guaranteed payments to partners 51,851 194,220 Rent paid 41,741 262,775 Interest paid 55,011 1,366,984 Taxes and licenses 64,834 2,386,246 Bad debts 1,713 9,754 Repairs and maintenance 70,352 314,495 Depreciation 111,115 2,252,812 Depletion 703,282 Retirement plans, etc. 6,386 53,209 Employee benefit programs 12,555 261,266 Net loss from other partnerships and fiduciaries * 752 28,784 Farm net loss * 3,192 * 17,043 Net loss, noncapital assets * 686 135,763 Other deductions 671,371 9,618,195 Ordinary business income (loss) 422,934 33,654,205 Net income 431,984 33,789,146 Loss * 9,050 134,941 Portfolio income (loss) distributed directly to partners 32,048 6,197,185 Interest income 15,411 937,085 Dividend income * 7,041 165,722 Royalties * 3,855 3,967,989 Net short-term capital gain (loss) * 758 52,304 Net long-term capital gain (loss) * 4,983 1,074,086 Net rental real estate income (loss) 22,719 30,722 Net income * 22,813 39,685 Loss * 95 8,963 Other net rental income (loss) * 2,674 32,040 Net income * 2,674 34,385 Loss * 2,345 Total net income (loss) [2] 474,634 38,787,762 Mining Other and Item extraction Other mining (9) (10) Number of partnerships 17,447 1,125 Number of partners 328,408 76,268 Total assets 103,981,582 14,669,755 Income and deductions from a trade or business: Total income 64,008,913 14,721,490 Business receipts 60,056,756 14,090,429 Ordinary income from other partnerships and fiduciaries 1,845,026 * 139,716 Farm net profit * 563 Net gain, noncapital assets 1,116,371 22,397 Other income 990,198 468,948 Total deductions 32,980,343 12,762,780 Cost of good sold [1] 18,508,126 9,621,864 Inventory, beginning of year 140,223 802,538 Purchases 10,842,215 1,711,407 Cost of labor 378,666 1,286,546 Additional inventory costs (section 263A) * 62,008 168,943 Other costs 7,302,673 6,622,140 Less: Inventory, end of year 217,659 969,710 Salaries and wages 509,499 330,910 Guaranteed payments to partners 152,342 22,347 Rent paid 129,303 91,949 Interest paid 1,130,402 204,020 Taxes and licenses 1,920,374 429,620 Bad debts 3,018 5,197 Repairs and maintenance 164,335 118,383 Depreciation 1,902,228 196,119 Depletion 98,608 601,034 Retirement plans, etc. 14,883 34,500 Employee benefit programs 101,410 131,412 Net loss from other partnerships and fiduciaries 25,428 * 3,326 Farm net loss * 11,468 * 5,575 Net loss, noncapital assets * 131,496 * 4,217 Other deductions 8,177,424 962,307 Ordinary business income (loss) 31,028,570 1,958,710 Net income 31,154,015 1,968,206 Loss 125,445 * 9,496 Portfolio income (loss) distributed directly to partners 5,680,156 451,372 Interest income 824,670 94,542 Dividend income 145,839 * 18,350 Royalties 3,893,401 66,085 Net short-term capital gain (loss) 48,086 * 4,071 Net long-term capital gain (loss) 768,161 * 268,324 Net rental real estate income (loss) 21,821 2,453 Net income 27,772 5,340 Loss 5,951 * 2,887 Other net rental income (loss) 5,728 * 12,816 Net income 8,073 * 12,816 Loss * 2,345 Total net income (loss) [2] 35,920,028 2,152,956 Mining Support activities for Item mining Utilities (11) (12) Number of partnerships 834 1,379 Number of partners 3,230 57,180 Total assets 3,285,299 116,954,989 Income and deductions from a trade or business: Total income 4,266,878 121,310,794 Business receipts 4,083,444 117,456,251 Ordinary income from other partnerships and fiduciaries * 77,540 1,342,403 Farm net profit Net gain, noncapital assets 8,060 356,542 Other income 97,834 2,155,598 Total deductions 3,599,952 112,316,100 Cost of good sold [1] 2,451,095 90,324,020 Inventory, beginning of year 223,033 1,733,333 Purchases 1,489,566 72,341,227 Cost of labor 258,905 167,261 Additional inventory costs (section 263A) 694 63,941 Other costs 781,580 18,347,330 Less: Inventory, end of year 302,682 2,329,072 Salaries and wages 316,753 1,049,896 Guaranteed payments to partners * 19,531 63,981 Rent paid 41,522 260,769 Interest paid 32,562 1,839,657 Taxes and licenses 36,252 487,406 Bad debts 1,538 64,147 Repairs and maintenance 31,778 343,557 Depreciation 154,466 2,129,145 Depletion 3,640 * 34,140 Retirement plans, etc. 3,826 96,929 Employee benefit programs 28,444 166,460 Net loss from other partnerships and fiduciaries * 30 * 11,142 Farm net loss Net loss, noncapital assets 50 9,926 Other deductions 478,464 15,434,926 Ordinary business income (loss) 666,926 8,994,694 Net income 666,926 9,001,360 Loss * 6,666 Portfolio income (loss) distributed directly to partners 65,658 2,387,728 Interest income 17,873 405,581 Dividend income * 1,533 23,241 Royalties * 8,502 860 Net short-term capital gain (loss) * 147 45,899 Net long-term capital gain (loss) * 37,602 1,912,147 Net rental real estate income (loss) * 6,448 * -272 Net income * 6,573 50 Loss * 125 * 322 Other net rental income (loss) * 13,496 * 8,331 Net income * 13,496 * 8,331 Loss Total net income (loss) [2] 714,778 9,432,435 Construction Construction of Item Total buildings (13) (14) Number of partnerships 108,939 44,333 Number of partners 284,475 116,440 Total assets 160,495,895 104,884,976 Income and deductions from a trade or business: Total income 240,832,423 159,323,279 Business receipts 235,275,191 155,776,329 Ordinary income from other partnerships and fiduciaries 2,938,402 1,995,553 Farm net profit * 149 Net gain, noncapital assets 404,286 252,398 Other income 2,214,395 1,298,999 Total deductions 208,724,334 138,954,378 Cost of good sold [1] 172,818,660 117,147,207 Inventory, beginning of year 31,290,344 22,658,525 Purchases 61,343,499 43,478,225 Cost of labor 11,546,110 3,390,670 Additional inventory costs (section 263A) 6,171,831 4,542,523 Other costs 96,609,151 68,609,109 Less: Inventory, end of year 34,478,233 25,811,720 Salaries and wages 6,487,207 3,182,958 Guaranteed payments to partners 1,490,653 637,295 Rent paid 737,461 319,701 Interest paid 1,503,293 907,017 Taxes and licenses 1,120,170 469,214 Bad debts 124,186 27,029 Repairs and maintenance 501,727 170,111 Depreciation 905,614 275,626 Depletion * 1,214 Retirement plans, etc. 149,955 88,542 Employee benefit programs 311,823 138,846 Net loss from other partnerships and fiduciaries 36,805 11,073 Farm net loss Net loss, noncapital assets 10,003 6,765 Other deductions 22,525,563 15,572,995 Ordinary business income (loss) 32,108,090 20,368,901 Net income 32,159,626 20,375,777 Loss 51,537 6,876 Portfolio income (loss) distributed directly to partners 2,201,132 937,165 Interest income 702,003 352,356 Dividend income 53,976 30,492 Royalties 124,122 * 2,024 Net short-term capital gain (loss) -13,904 -59,459 Net long-term capital gain (loss) 1,334,935 611,751 Net rental real estate income (loss) 485,029 221,412 Net income 575,340 294,715 Loss 90,311 73,303 Other net rental income (loss) 7,153 3,512 Net income 8,623 4,736 Loss * 1,470 * 1,224 Total net income (loss) [2] 33,480,372 20,978,697 Construction Heavy and civil engineering construction Utility system Item Total construction (15) (16) Number of partnerships 18,627 1,347 Number of partners 66,267 3,716 Total assets 43,055,831 1,172,097 Income and deductions from a trade or business: Total income 42,045,085 2,893,867 Business receipts 40,370,916 2,881,061 Ordinary income from other partnerships and fiduciaries 916,583 4,588 Farm net profit * 149 Net gain, noncapital assets 79,971 1,234 Other income 677,466 6,984 Total deductions 34,149,365 2,531,312 Cost of good sold [1] 29,394,589 2,151,137 Inventory, beginning of year 8,067,369 * 18,013 Purchases 7,002,157 426,180 Cost of labor 2,109,773 452,020 Additional inventory costs (section 263A) 1,176,864 * 236,040 Other costs 18,895,039 1,034,140 Less: Inventory, end of year 7,859,134 * 15,257 Salaries and wages 752,824 103,754 Guaranteed payments to partners 175,585 * 21,766 Rent paid 81,771 12,430 Interest paid 410,686 12,235 Taxes and licenses 217,560 18,781 Bad debts 33,601 * 5,621 Repairs and maintenance 113,393 12,865 Depreciation 215,906 45,538 Depletion * 1,214 Retirement plans, etc. 18,102 * 1,182 Employee benefit programs 45,586 5,099 Net loss from other partnerships and fiduciaries 21,803 Farm net loss Net loss, noncapital assets 1,740 * 129 Other deductions 2,665,005 140,775 Ordinary business income (loss) 7,895,720 362,556 Net income 7,937,853 362,556 Loss 42,133 Portfolio income (loss) distributed directly to partners 1,142,674 8,399 Interest income 294,789 7,120 Dividend income 19,938 * 916 Royalties * 122,098 Net short-term capital gain (loss) 37,593 * 48 Net long-term capital gain (loss) 668,257 * 314 Net rental real estate income (loss) 242,313 Net income 259,199 Loss 16,886 Other net rental income (loss) 630 * 154 Net income * 795 * 154 Loss * 164 Total net income (loss) [2] 8,575,488 370,746 Construction Heavy and civil engineering construction Other heavy and Land civil engineering Item subdivision construction (17) (18) Number of partnerships 15,666 1,614 Number of partners 58,518 4,033 Total assets 35,248,698 6,635,036 Income and deductions from a trade or business: Total income 23,029,062 16,122,156 Business receipts 21,646,209 15,843,646 Ordinary income from other partnerships and fiduciaries 892,792 19,203 Farm net profit * 149 Net gain, noncapital assets 34,605 44,131 Other income 455,306 215,176 Total deductions 16,789,440 14,828,613 Cost of good sold [1] 14,316,463 12,926,989 Inventory, beginning of year 7,980,760 68,596 Purchases 4,650,884 1,925,093 Cost of labor * 44,376 1,613,377 Additional inventory costs (section 263A) 864,296 * 76,528 Other costs 8,510,604 9,350,296 Less: Inventory, end of year 7,736,976 106,901 Salaries and wages 224,919 424,152 Guaranteed payments to partners 94,084 59,735 Rent paid 22,192 47,150 Interest paid 347,134 51,317 Taxes and licenses 125,980 72,799 Bad debts 23,896 4,084 Repairs and maintenance 48,455 52,074 Depreciation 64,162 106,207 Depletion * 943 271 Retirement plans, etc. 1,356 15,564 Employee benefit programs 12,403 28,084 Net loss from other partnerships and fiduciaries 17,851 * 3,952 Farm net loss Net loss, noncapital assets 1,456 * 155 Other deductions 1,488,147 1,036,082 Ordinary business income (loss) 6,239,622 1,293,543 Net income 6,281,127 1,294,171 Loss 41,505 * 628 Portfolio income (loss) distributed directly to partners 1,090,645 43,630 Interest income 246,725 40,944 Dividend income 17,431 1,592 Royalties * 121,821 277 Net short-term capital gain (loss) 37,147 398 Net long-term capital gain (loss) 667,523 420 Net rental real estate income (loss) 241,387 * 926 Net income 258,269 * 929 Loss 16,883 3 Other net rental income (loss) * 561 -85 Net income * 624 16 Loss * 63 101 Total net income (loss) [2] 6,867,546 1,337,196 Construction Special trade contractors Foundation, structure, and building exterior Item Total contractors (19) (20) Number of partnerships 45,978 10,699 Number of partners 101,768 23,584 Total assets 12,555,088 2,709,809 Income and deductions from a trade or business: Total income 39,464,059 9,312,914 Business receipts 39,127,946 9,267,784 Ordinary income from other partnerships and fiduciaries * 26,266 * 987 Farm net profit Net gain, noncapital assets 71,917 12,407 Other income 237,930 31,736 Total deductions 35,620,591 8,328,553 Cost of good sold [1] 26,276,865 6,244,701 Inventory, beginning of year 564,450 85,762 Purchases 10,863,118 2,907,699 Cost of labor 6,045,668 1,403,570 Additional inventory costs (section 263A) 452,444 * 161,423 Other costs 9,105,003 1,824,335 Less: Inventory, end of year 807,379 138,089 Salaries and wages 2,551,425 513,104 Guaranteed payments to partners 677,774 127,691 Rent paid 335,988 55,458 Interest paid 185,590 27,110 Taxes and licenses 433,396 92,081 Bad debts 63,556 12,575 Repairs and maintenance 218,222 34,642 Depreciation 414,082 69,601 Depletion Retirement plans, etc. 43,311 8,954 Employee benefit programs 127,391 30,493 Net loss from other partnerships and fiduciaries * 3,929 Farm net loss Net loss, noncapital assets 1,498 * 41 Other deductions 4,287,563 1,112,103 Ordinary business income (loss) 3,843,469 984,362 Net income 3,845,997 984,362 Loss * 2,528 Portfolio income (loss) distributed directly to partners 121,293 14,901 Interest income 54,858 4,166 Dividend income 3,546 * 2,762 Royalties Net short-term capital gain (loss) * 7,962 * 7,833 Net long-term capital gain (loss) 54,927 * 140 Net rental real estate income (loss) 21,304 * 15,100 Net income 21,426 * 15,100 Loss * 123 Other net rental income (loss) * 3,010 Net income * 3,092 Loss * 82 Total net income (loss) [2] 3,926,187 1,006,390 Construction Special trade contractors Plumbing, heating, and Electrical airconditioning Item contractors contractors (21) (22) Number of partnerships 2,977 4,894 Number of partners 6,397 10,969 Total assets 1,703,245 1,711,921 Income and deductions from a trade or business: Total income 4,402,807 5,285,829 Business receipts 4,368,626 5,217,442 Ordinary income from other partnerships and fiduciaries * 559 * 23,072 Farm net profit Net gain, noncapital assets 2,897 1,834 Other income 30,725 43,481 Total deductions 3,988,995 4,825,443 Cost of good sold [1] 3,115,856 3,522,634 Inventory, beginning of year 29,252 56,054 Purchases 967,029 1,480,745 Cost of labor 812,608 858,026 Additional inventory costs (section 263A) * 34,847...

NOTE: All illustrations and photos have been removed from this article.



More articles from Statistics of Income. SOI Bulletin
Table 3. All partnerships: balance sheet, by profit status and selecte..., September 22, 2007
Table 4. Partnerships with net rental real estate income (loss), by se..., September 22, 2007
Table 6. Domestic limited liability companies: selected items for sele..., September 22, 2007
Table 8. General partnerships, limited partnerships, and limited liabi..., September 22, 2007
Tax-exempt bonds, 2005., September 22, 2007

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.