Table 4.—Net Income and Profit-Type Return of Nonbank U.S. Affiliates, by Industry of Affiliate, 1991 and 1992

[Millions of dollars]

Net income Profit-type return/1/
1991 1992 1991 1992
All industries-11,018-20,492-1,6692,103
Petroleum508-4502,9622,855
Manufacturing-3,265-8,6611691,882
Food and kindred products210226236440
Chemicals and allied products3,886-1,2884,3864,443
Primary and fabricated metals-1,072-2,114-572-475
Machinery -3,105-2,366-1,992-1,531
Other manufacturing-3,186-3,119-1,890-994
Wholesale trade-1,284-2236865
Retail trade-614-2,113125-142
Finance, except banking-83982875525
Insurance2,6022,2741,4981,908
Real estate-3,370-4,850-2,291-2,703
Services-3,737-3,067-3,295-2,253
Of which:
Hotels and other lodging places-1,458 -1,591-1,504-1,593
Motion pictures, including television tape and film-1,365-1,175-1,220-618
Other industries-1,019-4,231-919-835
Of which:
Transportation -1,046-1,371-1,252-1,192
Communication and public utilities-274-2,347-492-40

1. This measure of operating profits is a component of gross product originating in U.S. affiliates. It is before income taxes; excludes capital gains, income from investments, and other nonoperating income; is before deduction of depletion charges; and includes an inventory valuation adjustment.