Newspapers / Firestone News (Gastonia, N.C.) / Feb. 1, 1954, edition 1 / Page 1
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GASTONIA, NORTH CAROLINA FEBRUARY, 1954 —_ ■ - — - SS?8ls The Firestone Tire & Rubber Company and Subsidiary Companies Distribution of Income During the Year Ended October 31, 1953 24,672,257 4,368,897 GENERAL OFFICES, AKRON, OHIO We Took In: 1. We billed our customers for goods sold $1,029,402,035 2. We billed our customers for excise taxes 50,241,723 3. We received income from other sources 3,951,569 4. Which gave us a total of $1,083,595,327 We Paid Out and Provided: 5. We paid for materials, fuel, trans portation and other expenses $ 630,962,653 6. We provided for wear and tear on buildings and equipment 7. We paid interest on money borrowed This Left $423,591,520 for Employees, Government and Stockholders Which Was Divided as Follows: 8. For Employees; Wages and Salaries. .$267,161,401 9. For Government; Taxes 109,681,148 10. For Stockholders: Dividends 15,147,962 ^1- For Working Capital and Plant Expansion 31,601,009 $ 423,591,520 100.0 $1,083,595,327 ^rvey S. Firestone, Jr. Reports on Progress of Company Address to Stockholders
Firestone News (Gastonia, N.C.)
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Feb. 1, 1954, edition 1
1
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