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UNITED ST ATES BORAX & CHEMICAL CORPORAJ'ION and subsidiaries
SUMMARY OF OPERATING RESULTS*
For t_he years ended December 31, 1971 and 1970
1970
$ 96,916,661
Cost of'goods sold . 69,186,671 ,; I 64,414,498.
Selling, advertising, general and
..
administrativ~ expenses . · . 19,111;s34 18,477,538
Research and development expenses . · { 3,495,676 3,153,013
Other expenses, net (including interest expense.of
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$2,351,012 in 1971 and $2,418,327 in 1970) 1,539,659
H 87,584,708.
INCOME BEFORE INCOME TAXES 9,331 ,953 I•
~ ..
Current . '! t • 1,327,000 379,000
; #
Deferred. 959,000 2,255,000
2,286,000 2,634,000
7,036,241 $ 6,69f,953
$1.66 $1.58
*Including results of The Py rites Company lnc., a wholly owned subsidiary .
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