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4 [[column 1]] separate report must be filed for each foreign organization which was allied with the reporter on December 31, 1950, except that secondary allied foreign organizations located in the same country and engaged in the same type of business may be combined into one report as provided in section II, E—7d of these instructions. Particular care should be taken to insure that a report on Form B is filed for each allied organization listed under item 9 of Form A and conversely each organization reported on Form B is listed under that item. In the case of combined reports referred to above list each of the combined organizations on Form A and indicate the Form B covering their activities. A report on Form B covering each allied foreign organization is required by law. B. IDENTIFICATION SECTION 1. Serial number .—All reports on Form B must be numbered consecutively by the reporter in the space provided in the upper right-hand corner of the form, beginning with the number 1, and must agree with the numbers assigned in Form A, item 9. 2. Name of reporter.—The name of the reporter given in answer to this question must be exactly the same as that stated under item 1, Form A. C. PART A.—NAME, LOCATION AND DATE OF ESTABLISHMENT OF ALLIED FOREIGN ORGANIZATION All questions in this part of the form relate to the allied foreign organization for which the report is being submitted. This part must be completed by all reporters for each allied foreign organization. 1. Item 3c—Address of head office.— Give here the address of the foreign organization’s head office if outside the United States or its possessions. Head office is defined as the place where the books of the organization are kept. 2. Item 3d—Address of main operating office.—Give here the main operating office of the foreign organization if different from the address given in item 3c. D. PART B.—INFORMATION PERTAINING TO THE ALLIED FOREIGN ORGANIZATION All questions in this part of the form relate to the allied foreign organization for which the report is being submitted. If a report is being submitted by several United States affiliates, covering the same foreign organization, this part need be completed by only one of the United States affiliates. If this part of the form is omitted, the name of the United States affiliate completing Part B must be entered in the space provided. The fact that this section of the form need not be completed by more than one affiliate does not relieve any affiliate of the legal responsibility to complete this part of the questionnaire. 1. Item 7—Give the following information as to principal properties or plants of the allied foreign organization. a. Item 7a.—Nature of principal properties or plants.—List the properties or plants which are significant in the affairs of the allied foreign organization [[/column 1]] [[column 2]] Do not list individual small buildings or machines. Such descriptive classifications as "land," "factory buildings," "mining property," "electric power station," and the like will suffice. In the case of intangibles and financials securities, state the general nature of the property held, e. g., "stocks and bonds," or "demand deposits,” but do not describe each item in the account. Ignore minor accounts of any nature. Real properties located in a jurisdiction other than that in which the organization being reported is located must be reported as a branch operation. (See sec. II, E—7b.) b. Item 7b—Location of plants.—State the place and jurisdiction in which the items are located. c. Item 7c—Ownership status .—Show whether the items are owned by the allied organization, leased, held under purchase option, or possessed in some other manner. Also indicate here whether the property referred to has been damaged, destroyed, or seized at any time prior to December 31, 1950, as a result of war, internal political disorders, or otherwise, or through any governmental action such as nationalization, expropriation, confiscation, revocation, or other action, without full payment in settlement of claims. These properties shall be reported if otherwise deemed to have been located in a foreign country on December 31, 1950, provided that no person shall report any property damaged, seized, nationalized, expropriated, confiscated, revoked, or otherwise lost before such persons became subject to the jurisdiction of the United States. 2. Item 8—Type of business.—Give a brief but definite description of the business of the allied foreign organization, including the principal products sold or services rendered, e. g. “distributer of electric appliances imported from the United States’ or “manufacturer of builders hardware.” E. PART C.—INVESTMENT OF THE PARENT ORGANIZATION IN AND TRANSACTIONS WITH THE ALLIED FOREIGN ORGANIZATION 1. Item 11f —Schedule 1—Intercompany accounts, notes, and advances.— Show under this heading only the accounts, notes, or advances due to the parent organization. For accounts payable by the parent organization to the foreign organization see item 14c. 2. Item 12 —Branches.—The parent organization’s investment in each branch shall be shown so as to reflect the total investment therein regardless of the methods of bookkeeping in use. Where the parent organization’s practice has been to include all transactions with the branch in one account on the home office books no adjustment will be necessary. However, where any deviation from this procedure has occurred, appropriate adjusting entries should be applied to the parent organization’s and the branch’s accounts. For example, adjusting entries should be applied in the event that property attributable to the branch has been carried on the books of the parent organization as part of the parent organ- [[/column 2]] [[column 3]] ization's general property. If the branch has accounts receivable outstanding in other foreign countries, these should be counted as part of the branch total investment in the country where the branch is located. "Carrying value per books of parent" shall be considered to be the balance at which the branch account, stated in accordance with the standards set forth in the preceding paragraph, appears on the books of the parent organization. Debit balances shall be shown without special distinguishing marks, but credit balances shall be preceded by the symbol CR or entered in red. The value “as carried on the books of the foreign organization” shall be the balance at which the branch carries its accounts with the home office, adjusted in accordance with the same standards as those applied to the parent organization’s accounts. Credit balances shall be shown without special distinguishing marks, but debit balances shall be preceded by the symbol DR or entered in red. “Net earnings of foreign properties” should be reported before provision for United States income taxes and unrealized exchange losses or gains, but after deduction for any other expenses including those incurred in the United States by or on behalf of the foreign branch. F. PART D.—INVESTMENT OF THE ALLIED FOREIGN ORGANIZATION IN THE PARENT ORGANIZATION 1. Item 14c—Intercompany accounts, notes and advances.—Show under this heading only the accounts, notes, and advances payable by the parent organization to the allied foreign organization. For accounts due to the parent organization, see item 11f, schedule 1. Section V. Instructions for Form C A. PURPOSE OF FORM C Form C is included in the census to provide information not directly related to the value of American direct foreign investments, but which is pertinent to various phases of the foreign program of the United States Government. Each reporter is requested to submit one report on Form C covering all its direct foreign investments. Reports on this form are not required by law. B. IDENTIFICATION SECTION 1. Name of reporter.—-The name of the reporter given in answer to this question must be exactly the same under item 1, Form A. C. PART A.—PROPOSED NEW FOREIGN INVESTMENTS 1. The term “proposed new foreign investments” shall be interpreted to include only those projects which have come before the board of directors, or similar governing body of the reporting organization, for consideration and for which a determination has been made to proceed with the investment. Exploratory projects, or money spent in investigation, shall not be regarded as a “proposed new foreign investment.” All projects involving the investment of new capital shall be included, irrespective of
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