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HomeMy WebLinkAbout2013Annual Report.pdfAtb-T AT{I{UAL REPORT OF Albion Telephone Company, lnc. NAME 225 West North Street, PO Box 98 Albion, lD 83311 ADDRESS TO THE IDAHO PUBLIC UTILITIES COMMISSION FOR THE YEAR ENDED 2013 **# p 208-673-5335 I t 208-673-6200 I e atc@atcnet.net I a 225 W. North St. Albion, lD 83311 April 10,2014 ldaho Public Utilities Commission Attn: TerriCarlock PO Box 83720 Boise, lD 8372O-OO74 Dear Ms. Carlock: Enclosed please find the Annual Report of Small Telephone Companies for Albion Telephone Company, lnc. lf you have any questions or concerns, please feel free to call me at 673-5335. Sincerely, kl,k lAil, r,[J u,,u Controller ANNUAL REPORT OF SMALL TELEPHONE COMPANIES TO THE IDAHO PUBLIC UTILITIES COMMISSION FOR THE YEAR ENDING DECEMBER 31,2009 COMPANY INFORMATION Exact name of utility: Albion Telephone Company, lnc. Address of principal office: 225 West North Street. P.O. Box 98 Albion, lD 83311 Telephone Number (Area Code_208_ 673-5335 Cities or towns served: Albion, Almo, Elba, Holbrook, Malta, Raft River, Malad Mackay. Moore, Arco, Howe: ldaho: Yost: Utah Name and title of officer having custody of the general corporate books of account: Darla Redman, President Address of office where corporate books are kept and phone number: 225 West North Street. P.O. Box 98 Albion, lD 83311 Organized under the laws of the State of: Idaho Date of organization:1929 - lncorporated September 11, 1953 Form of organization (proprietorship, association, corporation): Corporation lf a Subchapter S Corporation, please specify: We are a Subchapter S Corporation Name and address of controlling company, if any: Names of affiliated companies. Give address and description of business: OFFICERS Report below the title, name and otfice address of each general officer of the utility at the end of the year. lf there were any changes during the year, show the name, title, and address of the previous otficer and the date of change. Address President Darla Redman P.O. Box22 Albion, lD 83311 Vice-President Richard L. Redman P.O. Box 14 Albion, lD 83311 Secretary Richard L. Redman P.O. Box 14 Albion, lD 83311 Treasurer Barry Redman 266 S. 950 E. Declo, lD 83323 Rev 3/02 Page '1 DIRECTORS List the name of each person who was a member of the Board of Directors at any given time during the year: (Fees related to meetings only.) Term Expired or Current Term WillExpire Meetings Attended This year Fees Paid During YearName and Address ODeen K. Redman Richard L. Redman NA Darla Redman Barry Redman Jennifer Bradshaw Nicole Allphin Kyle Redman Name of Chairman of the Board: Darla Redman Name of Secretary (or Clerk) of Board:Richard Redman Number of Meetings of the Board during the year: MANAGERS List the name of each person who performed management duties for the Company during the year, and the total wages and bonuses paid to those persons: (Do not include Director fees in these amounts.) 1200 3600 NA 1 800 NA 1 800 1 800 Name ODeen K. Redman Title President Vice-PresidenUGeneral Manager Confidential Wages and Bonuses Paid Confidential Confidential Richard L. Redman Darla Redman President Rev 3/02 Page2 NOTES TO THE FINANCIAL STATEMENTS Please provide important information such as changes in accounting or depreciation practices, extensions or additions to the system; disposal of any substantial portion of the property of the utility; reorganization, mergers, or consolidations with other companies; leases executed; other contracts or agreements entered into; changes made in articles of incorporation or amendments; the occurrence of contingency losses or gains. Rev 3/02 Page 3 BALANCE SHEET Assets and Other Debits lfile ot Account Gurrent Assets tsalance tsegrnnrng ot Year 2269110 t alance at Eno ot Year 3033746 lncrease or (uecrease, 7646361120 1 130 1140 1 150 1 160 1 180 1 181 1 190 1191 1200 1201 1210 1220 1280 1290 1300 1310 1320 1 330 1 350 1401 1402 1406 1407 1408 1410 1438 1439 1 500 2001 2002 2003 2004 2005 2006 2007 3100 3200 3300 3400 3410 3420 3500 3600 Cash and Equivalents Cash Special Cash Deposits Working Cash Advances Temporary lnvestments Telecommunications Accts. Receivable Accts. Rec. Allow. -Telecommunications Other Accounts Receivable Accounts Receivable Allow. - Other Notes Receivable Notes Receivable Allowance lnterest & Dividends Receivable Materialand Supplies Prepayments Prepaid Rents Prepaid Taxes Prepaid lnsurance Prepaid Directory Expenses Other Prepayments Other Current Assets Noncurrent Assets lnvestment in Affiliated Companies lnvestment in Nonaffiliated Companies Non regu lated I nvestments Unamortized Debt lssuance Expense Sinking Funds Other Noncurrent Assets Deferred Maintenance & Retirements Deferred Charges Other Jurisdiction Assets - Net Property, Plant and Equipment Telecommunications Plants in Service Prop. Held for Future Telecom. Use Telecom. Plant under Constr. - Short Term Telecom. Plant under Constr. - Long Term Telecom. Plant Adjustment Nonoperating Plant Goodwill Depreciation and Amortization Accounts Accumulated Depreciated Accum. Depre. - Held for Future Use Accumulated Depreciation - Nonoperating Accumulated Amortization - Tangible Accum. Amort. - Capitalized Leases Accum. Amort. - Leasehold lmprovements Accumulated Amortization - lntangible Accumulated Amortization - Other TOTAL ASSETS -{it7E6- -76910-3T20-g -26{47 -ff1T --7!5986 _5T77 -M --lirg-f56 -T71TT -Ttg{-----58Bd5g -rcsTo5 -TT{75T -T56555 -764dT -_--_22847 0-----.4T{?TN -685555 -6,9477-7MTT ---53ErZ -f5-r5zg -mTg,z --5&55 -36073885340938481 909 -371500 -T6N -MO -O6gD -2445t ru445i ----0' -30526844 -30261643 265201 -24455 -gz445t - 1 81 5861 4 19508717 1 3501 03 Rev 3/02 Page 4 BALANCE SHEET Liabilities & Stockholders' Equity Title of Account Current Liabilities Accounts Payable Notes Payable Advance Billings and Payments Customer Deposits Current Maturities - Long -Term Debt Current Maturities - Capital leases lncome Taxes - Accrued Other Taxes - Accrued Net Current Defer. Oper. lncome Taxes Net Current Defer. Nonoper. lncome Taxes Other Accrued Liabilities Other Current Liabilities Long-Term Debt Funded Debt Premium on Long-Term Debt Discount on Long-Term Debt Reacquired Debt Obligations Under Capital Leases Advances from Affiliated Companies Other Long-Term Debt Other Liabilities & Deferred Credits Other Long-Term Liabilities Unamort. Oper. lnvest. Tax Credits - Net Unamort. Nonoper. lnvest. Tax Credits - Net Net Noncurrent Defer. Oper. lncome Taxes Net Noncur. Defer. Nonoper. lncome Taxes Other Deferred Credits Other Juris. Liab. & Def. Credits - Net Stockholders' Equity CapitalStock Additional Paid-ln Capital Treasury Stock Other Capital Retained Earnings TOTAL LIAB. & OTHER CREDITS 2225 284000 348184 64184 5790 5880 648219 47716 4351 8 0m 537358 -51414 4561788 41 05586 -456202 215125 103648 -111477 22918 -22918 40200 40200 1 1528098 13454838 1926740 1 81 5861 4 19508717 1 3501 03 Page 5 Balance Beginning of Year 262610 Balance at End of Year 264835 lncrease or (Decrease) 401 0 4020 4030 4040 4050 4060 4070 4080 4100 4110 4120 4130 4210 4220 4230 4240 4250 4260 4270 4310 4320 4330 4340 4350 4360 4370 4510 4520 4530 4540 4550 90 -31 Rev 3/02 ro) @$@(o (arr)srN I @ll-l@Irt*(f) F-$o)NN$ (o oo)oo- N(9!tlooNN (f)o,(o rOoN (f) stO)F* (oN(',@!t (o(o(a(oul*1, *l* ol()N(o t* N F-@(o (f)Nto(r)t- ooooFI s o)No,(o "l"l*@F-@(o(o @@ $(o (f,o(o orO(f)o)vN lOt*(o(oN@N oso, C\lY t\(o (ot-(o r()!oo) o,rto)@ <ololr'-Nl(olo)Nl(Olrrl(Ol(Otlr(,lo)t6lCDl- l-l 6t N$N F*oN[oo @ r=t E oo,@o@N t-(oN rto)o)Nt-N oo-- $:EF,!3 FE' .. 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N N N (A rif&NNXXINNNNNNNN&RRRRNNNNNNNN soodN (f)$@(oNl()o(f, lr)o(o(ot- co o,s\fsf\rN icfo(-)oo -cooo Lo 0)o Eo .qooLo-oE (Efp .zE.c .9 o@iio:il{,*If tro .Eoo CLoo !,o G E oo .= aDo -!Do.9 .!= o)fizE€o<o EN {or (o @o No(f) (r)lo$|oc\tNN rF[[FFFF r|-F Frrrr IFFFF FFI rFl FFIF l,l* Fr|F FFF F|- @l-bo L 3tr13 fEr *|ur e9 ie$ E!* # 3r E =gc, o' FF IF (r)l()No(oo, o,oo,o(LFF r|- E) g ;EgEEg3 I ,Bggu,ggEEEsssgEgEg,rgsgErg H(r)\flI)(O-N(Y)SlrNtOOFNFrrrNrrN(9!t(O-s * D TTFTFFTTNNNNNN(f)(f)(A(9CASSS\t$t$S O- tl)NNNNNcrlNNNc!NNNNNNC!NNNNc{NNNNN I E FF l*F FF Fl* EtsQooEq.gt r{) tr -Eodo.ttOo;,E.eEE @ =os! s E=s E T g.Ftgo tr .9v .EootCLoo Eof .E E)oo .E,oEo-'=.9#-tr6 IJJ >lEgo6 .E6o>EN(E- rF{ot zoF 6IIJtr,o- UJoo IJJF ===oo =o UJtFzEIl!o Lcl, z (o @N(ot-$o(o INVESTMENTS Report below the investments in Accounts 1401 , 1402 and 1 406. ldentify each investment as to the account in which included. Minor amounts in Account 1406 may be grouped by classes. Book Cost of Investments Disposed of Date Acouired This vearDescription Telsat CoBank Patronage Redban lnvestment Syringa Networks Raft River Patronage Lost River Patronage Syringa Electronic Equip. Syringa Fiber lndependent Cable Systems ICS Electronics ICS Cable SpecAccess Eq Non-Reg lnternet Equipment Declo Wireless DSL Elec Declo Wireless DSL Cable Voip Equipment Syringa Wireless Syringa Wireless Tower Syringa Wireless Elec Nextphone Website Redban Goodwill DSL Inventory Syringa Wireless lnventory Voip lnventory Totals Name of Companv Customers Qwest CABS AT&T NECA Red-Ban ldaho USF Syringa Network Misc. Totals Rev 3/02 RECEIVABLES Itemize amounts show in Accounts 1180, 1190 and 1200. For notes receivable list each note separately and include the maturig date and interest rate. Minor amounts in Account 1210 may be combined. Amount at End of Year Book Cost of lnvestnents Held at End of Year 0 225159 37683 4385662 22482 13678 225415 229580 1991 -23182 117138 -1281 15172 0 0 0 0 0 0 0 0 0 4971 0m Accounts Receivable 482558 -21 126672 0 372760 -13276 77417 100 1489 Notes Receivable Page 10 1047699 NOTES PAYABLE For Notes Payable, list each note separately and include the maturity date and interest rate. Name of Greditor Date of Note lnterest Rate Due Date Face Amount Totals ACCOUNTS PAYABLE Report below allAccounts Payable amounting to more than $100.00 Name of Creditor Federal Excise Tax Misc Qwest pmts to Arapahoe Tel Syringa Wireless ATC Long Distance State USF Surcharge Dish Network 911 Payable Conseco Franchise Fee - ICS Totals Rev 3/02 Page 1 1 Amount 1 3349 1 79333 0 42236 1 0463 624 7356 3888 _475 8061 264835 0 N 0)(,)o TL No(9 ot oca@C\t(f)ro$o -,EI H N J S H glEl LIol -lololLl -6 €l ",S s s X s=rEI .e g g { Btt S;; g; N rO@f-N(oc.i d r>33 d N@NO) lo@cooO(ol-C\$rr)$@O(f)I-oN@@r.t rorocg9555e(\INNrI lll^NN= o sl 3 83PP EbEl E E p f; ,B EIolgNl EIg EIEI iIol EI .=lEI EIEI EI o)E"q EEI E(E d.l rr)E8l s =>to t- HEEI $*EEI <t El ag*'=l d8"EI E +)Efoooo -co(UoLoF .9,oIo,E'=ootF -Ca' o!t:oEESENEr-t=iDd;IIJ@Lo$d =iEtr F S.eF t -o9.Lo g Eg, N -c.L6 +- EeJ o c$- '==N =;<r 6EI E'E = d;o E>E 36, (Uj5 s€oo-cfsoE 'i:'-oE>0)*E'OEqro(,).E'= E"E66O)gEoo->-cEO'Eoc)ou)bEFJ.86otr oPEE Jfr BE,LO(Dos> -Lino == oo6.9ofJ- EHo-{Itc-o''Es = e q ? gEI E E E E EAd - r 6 a a8el E 5 s E 5dbl -t. E d = in CAPITAL STOCK Report below the particulars called for concerning common and preferred stock at end of year, designating separate series of any general class. Show totals separately for common and preferred. For each class of preferred stock, show the dividend rate and whether dividends are cumulative or noncumulative. Show details in a footnote of capital stock sold during the year. lnclude number of shares, consideration received, premium or discount, and expenses incurred. Number Outstanding per of Shares Par Value Balance Sheet Class & Series of Stock Common Authorized per Share Shares Amount 10000 4.02 Rev 3/02 Page 13 Item INCOME & RETAINED EARNINGS STATEMENT TotalCompany ldaho Only TotalOperating lncome (from page 15) TotalOperating Expenses (from page 17) 7100 Other Operating lncome and Expense 7210 Operating lnvestment Tax Credits-Net 7220 Operating Federal lncome Taxes 7230 Operating State and Local lncome Taxes 7240 Operating Other Taxes 7250 Provision for Deferred Operating lncome Taxes-Net7200 Operating Taxes (Total) 7310 Dividend lncome 7320 lnterest lncome 7330 lncome from Sinking and Other Funds 7340 Allowance for Funds Used During Construction 7350 Gains/Losses from the Disposition of Certain Property 7360 Other Nonoperating lncome 7370 SpecialCharges7300 Nonoperating lncome and Expense 7410 Nonoperating lnvestment Tax Credits-Net 7420 Nonoperating Federal lncome Taxes 7430 Nonoperating State and Local lncome Taxes 7440 Nonoperating Other Taxes 7450 Provision for Deferred Nonoperating lncome Taxes-Net7400 Nonoperating Taxes 7510 lntereston Funded Debt 7520 I nterest Expense-Capital Leases 7530 Amortization of Debt lssuance Expense 7540 Other lnterest Deductions7500 lnterest and Related ltems 7610 Extraordinary lncome Credits 7620 Extraordinary lncome Charges 7630 Current lncome Tax Etfect of Extraordinary ltems-Net 7640 Provision for Deferred lncome Tax Effect of Extraordinary ltems-Net7600 Extraordinary ltems 791 0 lncome Effect of Jurisdictional Ratemaking Differences-Net 7990 Nonregulated Net lncome AMOUNT TRANSFERRED TO RETAINED EARNINGS Rev 3/02 8421975 7199005 0 0 2029 45676 0 47705 8396453 7168137 0 0 535 92517 0 93052 64657 25791 0 0 78031 5 0 0 -15147 844972 '10644 232231 -1951 2551 03 6730 0 230280 0 261 833 1685532 3475489 1437350 2321425 Page 14 Item OPERATING REVENUES Total Company ldaho Only 5001 5002 5003 5004 501 0 5040 5050 5060 5069 5081 5082 5083 5084 Loca! Network Services Revenues Basic Area Revenue Optional Extended Area Revenue Cellular Mobile Revenue Other Mobile Services Revenue Public Telephone Revenue Local Private Line Revenue Customer Premises Revenue Other Local Exchange Revenue Other Local Exchange Settlements Network Access Services Revenues End User Revenue (SLC) Switched Access Revenue (lnterstate) SpecialAccess Revenue State Access Revenue (lntrastate) 1,237,944.00 212,690.00 428,827.00 4,910,967.00 966,909.00 615,601.00 (20,899.00) 1,680.00 69,170.00 (e14.00) $ 8,421,975.00 . To what account were they bookr5082.12 To what account were they bookec 5084.50 1229833 212690 $ $ $ $ 427016 4898340 966909 612628 Long Distance Network Services Revenues 5100 Long Distance Message Revenue - All Miscellaneous Revenues 5230 Directory Revenue 5240 Rent Revenue 5250 Corporate Operations Revenue 5261 Special Billing Arrangements Revenue 5262 Customer Operations Revenue 5263 Plant Operations Revenue 5264 Other lncidental Regulated Revenue 5269 Other Revenue Settlements 5270 Carrier Billing & Collection Revenue Uncollectible Revenues 5301 Uncollectible Revenue - Telecommunications 5302 Uncollectible Revenue - Other TOTAL OPERATING REVENUES Please identify the following revenues: NECA USF $_1,790,742.00 State USF $ 464502.00_ -20899 1680 691 70 -914 8396453 Rev 3/02 Page 15 OPERATING REVENUES Item TotalCompany ldaho Only Plant Specific Operations Expense 61 10 Network Support Expenses 6112 Motor Vehicle Expense 6113 Aircraft Expense 6114 Special Purpose Vehicles Expense 6115 Garage Work Equipment Expense 6116 Other Work Equipment Expense 6120 General Support Expenses 6121 land and Building Expenses 6122 Furniture and Artworks Expense 6123 Office Equipment Expense 6124 General Purpose Computers Expense 6210 Central Office Switching Expenses 6211 Analog Electronic Expense 6212 Digital Electronic Expense 621 5 Electro-Mechanical Expense 6220 Operators System Expense 6230 Central Otfice Transmission Expenses 6231 Radio Systems Expense 6232 Circuit Equipment Expense 6310 lnformation Origination/Termination Expense 6311 Station Apparatus Expense 6341 Large Private Branch Exchange Expense 6351 Public Telephone Terminal Equipment Expense 6362 Other Terminal Equipment Expense 6410 Cable and Wire Facilities Expenses 6411 Pole Expense 6421 Aerial Cable Expense 6422 Underground Cable Expense 6423 Buried Cable Expense 6424 Submarine Cable Expense 6425 Deep Sea Cable Expense 6426 lntrabuilding Network Cable Expense 6431 Aerial Wire Expense 6441 Conduit Systems Expense TOTAL PLANT SPECIFIC OPERATIONS EXPENSE Rev 3/02 0 66285 3816 0 65894 3794 0 1216 206573 987 47285 88211 147097 0 1209 205356 981 47006 87691 146230 968309 0 121175 0 0 962603 0 120461 0 0 0 0 -6975 0 12752 0 1657860 0.00 -6934 12677 0 1648091 3314591 3295061 Page 16 OPERATING REVENUES Item Plant Nonspecific Operations Expense 6510 Other Property/PlanVEquipment Expenses 6511 Property Held for Future Telecomm. Use Expenses 6512 Provisioning Expense 6530 Network Operations Expense 6531 Power Expense 6532 Network Administration Expense 6533 Testing Expense 6534 Plant Operations Administration Expense 6535 Engineering Expense 6540 Access Expense 6560 Depreciation and Amortization Expenses 6561 Depreciation Expense-Telecom. Plant in Service 6562 Depreciation Expense-Property Held for Future Use 6563 Amortization Expense - Tangible 6564 Amortization Expense - lntangible 6565 Amortization Expense - Other Total Plant Nonspecific Operations Expenses Customer Operations Expense 6610 Marketing 6611 Product Management 6612 Sales 661 3 Product Advertising 6620 Services 6621 Call Completion Services 6622 Number Services 6623 Customer Services Total Customer Operations Expense Corporate Operations Expense 6710 Executive and Planning 6711 Executive 6712 Planning 6720 General and Administrative 6721 Accounting and Finance 67 22 Externa I Relatio n s 6723 Human Resources 67 24 lnformation Management 6725 Legal 6726 Procurement 6727 Research and Development 6728 Other General and Administrative 6790 Provision for Uncollectible Notes Receivable Total Gorporate Operations Expense TOTAL OPERATING EXPENSES Rev 3/02 TotalCompany 3314591 ldaho Only 3295061 0 0 0 158547 78268 0 0 1 5761 3 77807 129668 122136 0 1 960253 128904 121416 0 1 960253 2448872 2445993 0 -6 0 0 0 81975 3274 81492 -133 575922 661171 2031 58 575922 657275 201961 302006 143877 95889 1 5890 0 1 3551 300220 143035 95324 15796 0 13471 774371 71 99005 769808 7168137 Page 17 EHEfiil$sop (,)t Edt6 EEHNsEY-aa6 .f> :r(EET t->(ots@oILt oc =3,& Pi;,-o m @ro(,)o(L Io ol o0) .9,coz Looo-c.9, -ofo-coz .C= =I.. q)o=E'= 'E 9.qd a99Eo+JOLoz o(ot..rlolLI =@(E'r.ElgEOE-ol,-oo'E(Do 6€ -C. 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North Street, Albion, lD 83311, on our oath do severally say that the foregoing return has been prepared under our direction, from the original books, papers, and records of said utility; that we have carefully examined same, and declare the same to be a correct statement of the business affairs of said utility for the period covered by the return in respect to each and every matter and thing therein set forth, to the best of our knowledge, information and belief. , (Year) l^ \ ) )ss ) My commission expires /e / , (Year) A D/5 Rev 3/02 gdUexcel/jnelson/an ulrpts/telannualrpt Page21 Nanq I,Woff ^tffiiy gubtic Saa of lfof, (Chief Officer) (Officer in Charge of Accounts) and Sworn to Before Me this Jeday of ! o Iqoo- Noo"c) E t F,N oN E laR,8Fjl @-lm 5t{iT, Elt ,n!iE aa tta (C( ci r( tr DI don; B.6+I sNo- @fi oooo,o a { oE.9 EooooEg =og5oou.1'o EIo6 E Ct oo?Doc- ll- n rt E f o t@d@o ,c ,, C '{ C D to tsoo T t !tts o DDtrl !,E oo ll ca c It !,(t n(,t t $ Ia{IE :o ooo.T( oo+oo m\6 E !o,I AJLJJ E E aaooa4 tl F.f oN ,o €rl r \t@ c, -l\lNIolo I6, D 'io m6q r(l !lcooF o{ua 5 aiIt 2I EEg iI gooo(( N o. o6 ii I aa{ r 0,Do hoa UJ I ts& oooNo F@{dE aI {! 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