THIS WEEK IIM BUSINESS MAY 25, 1970

Per cent (annual rate) 16

14

12

10

8

16

4

2

|o

RETURN ON EQUITY AND INVESTMENT

Return on

Chemical ar

stockholders'

Return on in

id allied produ

equity3 " ^ ^ ^

vestmentb

cts industry

m

| β Λ β · ι ^ ^ * * ^

|

3 Quarter 1968

1 Quarter 1969

1 Quarter 1970

a Rat io of profits after taxes to stockholders' equity. bRat io of prof i ts after taxes to investment (gross plant plus working capital). Source: Securities and Exchange Commission—Federal Trade Commission

FIGURES OF THE WEEK Chemical and Allied Products Industry Financial Performance (Billions of dollars)

1969 Quarters

Sales Before-tax profits After-tax profits

Depreciation Cash flowa

Dividends Gross plant Working capital13

Investment Long-term debt

Stockholders' equity

Debt ratio0

Capital spending

Total assets

1

$13.26

1.70

0.89

0.60

1.49

0.45

39.81

12.86

52.67

8.29

27.45

23 .2%

0.64

46.73

2

$14.06

1.78

0.96

0.59

1.55

0.46

40.40

13.11

53.51

8.42

27.85

23 .2%

0.74

47.32

3

$14.00

1.67

0.88

0.66

1.48

0.46

41.65

13.42

55.07

8.84

28.51

23 .7%

0.88

48.76

4

$14.19

1.56

0.86

0.62

1.48

0.52

42.09

13.37

55.46

9.07

28.64

2 4 . 1 %

0.91

49.38

1970 1

$14.37

1.82

0.93

0.63

1.55

0.47

42.59

13.71

56.30

9.06

29.04

23 .8%

0.74

50.32

2

$15.12

1.91

0.98

0.64

1.61

0.47

43.43

14.00

57.43

9.21

29.51

23.8%

0.83

50.95

3

$14.89

1.80

0.91

0.64

1.55

0.48

44.13

14.14

58.27

9.41

29.86

24.0%

0.83

51.78

4

$15.31

1.80

0.95

0.65

1.59

0.55

44.65

14.34

58.99

9.61

30.25

2 4 . 1 %

0.87

52.59 aCash flow is after-tax profits plus depreciation. bWorking capital is the difference between assets and current liabilities. cDebt ratio (per cent) is the ratio of long-term debt to s tockho lders ' equity plus long-term debt.

Source: Secur i t ies and Exchange Commiss ion-Federa l Trade Commiss ion

es» °^cV

MAY 25, 1970 C & E N 37