Year:

1950.

1951.

1952.

1953

1954

1955

1956.

1957.

1958.

1959.

1960.

1961.

1962.

1963.

1964.

1965.

1966

1967

1968

1969.

1970.

1971.

1972.

1973.

1974.

1975.

1976.

TABLE II.-PROFITS AFTER TAX PLUS NET INTEREST NONFINANCIAL CORPORATIONS: 1950-76

Profit figures are before subtraction of inventory profits (IVA) and depreciation cost adjustments.
Source: Department of Commerce. Bureau of Economic Analysis.

TABLE III.-PROFITS AFTER TAX PLUS NET INTEREST NONFINANCIAL CORPORATIONS DEFLATED BY INVENTORY PROFIT ADJUSTMENTS 1950-76

TABLE IV.-PROFITS AFTER TAX PLUS NET INTEREST NONFINANCIAL CORPORATIONS DEFLATED BY BOTH IN. VENTORY PROFITS AND DEPRECIATION AT REPLACEMENT COST

1 Consists of personal savings business retained earnings (after deflation for inventory profit and replacement depreciation), plus depreciation allowances.

Source: Department of Commerce, Bureau of Economic Analysis.

Year:

1951

1952

1953.

1954

1955

1956.

1957.

1958.

1959.

1960_

1961

TABLE VIII.-Cash flow 1 annual rate of change: 1951-76

1962.
1963.

1 Profits after tax plus depreciation.

16. 7

The annual increase in cash flow to corporations was faster in the 1970's than in the previous two decades.

Investment in Producers Durable Equipment

1930

52 54 56 58 60 62 64 66 68 70 72 74 76

Source: U.S. Department of Commerce, Bureau of Economic Analysis.

1950

52 54 56 58' 60 62 64 66-68 70 72 74 76

Corporate cash flow, i.e. profits after taxes and depreciation allowances, grew very rapidly in the 1970's. Depreciation allowances increased swiftly as a result of the new depreciation rules of 1971.