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HomeMy WebLinkAbout2015Annual Report.pdfANNUAL REPORT TO THE IDAHO PUBLIC UTILITIES COMMISSION FOR THE YEAR ENDED 2015 ALBT OF Albion Telephone Company,Inc. -—4 CRC) c-I.) 0 NAME 225 West North Street,P0 Box 98 Albion,ID 83311 c:z -‘p t iI 0rn rn I::; ADDRESS *-+s,s p 208-673-5335 I f 208-673-6200 I e atc@atcnet.net I a 225 W. North St. Albion, lD 83311 April 12,2016 ldaho Public Utilities Commission Attn: Terri Carlock 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 573-5335. Sincerely, M:W Controller Exact name of utility: ANNUAL REPORT OF SMALL TELEPHONE COMPANIES TO THE IDAHO PUBLIC UTILITIES COMMISSION FOR THE YEAR ENDING DECEMBER 31, 2OO9 COMPANY INFORMATION 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, Mackav. 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: 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 office 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 officer 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 D!RECTORS 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.) Name and Address Term Expired or Current Term WillExpire Richard L. Redman Darla Redman Barry Redman Jennifer Bradshaw Nicole Allphin Kyle Redman Name of Chairman of the Board:Darla Redman Meetings Attended This year 3600 3600 3600 3600 3600 3600 Name of Secretary (or Clerk) of Board: Number of Meetings of the Board during the year: Richard Redman 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.) Name Darla Redman Richard L. Redman Title President Wages and Bonuses Paid Confidential Vice-PresidenUGeneral Manaqer Confidential 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 Tifle ot Account Gurrent Assets Cash and Equivalents Cash SpecialCash 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 Nonregulated 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 --10-56= ----70'3687 -rem-ffim Balance Eeginning ot Year 2826285 Ealance at End ot Year 4998043 lncrease or (Decrease) 217',17581120 1 130 1140 1150 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 31 00 3200 3300 3400 3410 3420 3500 3600 -TireF.-imT -716774 -'21@ mrcre- -sBB-illE--36m 0 -6406ffi -M ffi5 -0870-0' @ffi-7 40875921 46310282 5434361 -2lT'03T -318-ffi -@ -ffi ----' -30440074 -29775225 664849 21618032 Rev 3/02 Page 4 29285873 7667841 Title of Account 4010 4020 4030 4040 4050 4060 4070 4080 41 00 4110 4120 41 30 4210 4220 4230 4240 4250 4260 4270 4310 4320 4330 4340 4350 4360 4370 451 0 4520 4530 4540 4550 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 BALANCE SHEET Liabilities & Stockholders' Equity Balance Beginning of Year 801 856 Balance at End of Year 687223 lncrease or (Decrease) -1 14633 31 1600 3740 4760 1020 1172656 oo 344291 314334 -29957 4471237 1 08331 1 7 6361880 99870 152283 52413 40200 40200 1491 0586 1 5820551 909965 21618032 29285874 7667842 Rev 3/02 Page 5 NNN>i i i..a ooI=5-e.3{a;=4 g OJ6-aa= =.o0) =o =o ttr!llli .,l l l 7q€ ts l"|pl* 3{; il NN (,ts 6)cno, :ooB36'€Po==-t^oEEc.<!ro==oQ_=ora NNNAJAJAjJJNNNNJ OtN)JAG)NJO) iEEf,t *egoxo--=. = ss A;E E*?as. 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(n -gsl 6q3i€urid!o.ig o 33ns ts 9;dil o Eg (o 'd o6 €6 cLq EE EEEEsB.otiooo:ocf z r o6o.rl mz -lonPffi6>2o Hz!, o>(D Eh - - t,d 3c)oos(., l=d rEYI oom!nmoF+6z I I *,Es $l l5 {Ea {lol@ *l=l*ne =adgs E'J o.5(D(Da=f$ 66(o lnl"l*i** *l"l*l,l*l*l *l*lul=l*l*l*l l*llall*l*l ul"lxl*lslul ilul =l=l l*l ;|il *l*l*l*l"l"l *l*l*l*lslul *l*l*l ,l,l xlxl*lul"l"l *l*l el=l .l*l CDo CD(oo(os! 1'0)(oo(o rEfl-d # NNOJ{ o)A l*l(ol{INl(oINl(,llo INVESTMENTS Report below the investments in Accounts 1401, 1402 and 1406. ldentify each investment as to the account in which included. Minor amounts in Account 1406 may be grouped by classes. Book Cost of lnvestments Disposed of This vearDescriptlon 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 Spec Access 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 lnventory 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 Date Acquired RECEIVABLES Itemize amounts show in Accounts 1 180, 1 1 90 and 'l 200. For notes receivable list each note separately and include the maturity date and interest rate. Minor amounts in Account 1210 may be combined. Amount at End of Year Book Gost of lnvestments Held at End of Year 0 1 36330 67558 43891 16 27985 17624 -37992 179771 1991 -32181 29123 32387 1 16005 5957 0 4933673 Accounts Receivable 383693 0 85698 0 423610 0 38709 100 85 Notes Receivable Page 10 931 895 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 AGCOUNTS PAYABLE Report below allAccounts Payable amounting to more than $100.00 Name of Creditor Federal Excise Tax Misc Qwest pmts to Arapahoe Tel Syringa Wireless ATC Long Distance State USF Surcharge Dish Network 911 Payable Conseco Raft River Electric Shared Rent Red Ban State Use Tax Franchise Fee - ICS Totals Amount 13274 615248 0 -5189 0 474 0 3850 136 9162 40834 1 139 8295 687223 0 Rev 3/02 Page 1 1 N oq, (U(L No (f) o)tr sro@o@(oOrr)Nf-re{(9O) =l l-lorN =l N -,dl N ol ElE<r bl -lOIOIL! -o€1",S s s X s s:rEleBEilggut s;; g; +c! o(oo$o)o(a99dtoN SBNN lo@@osO@r*(r1 @$ro$@(oO(, l-OON@@r.tr roro<'r(o@ )-ooo:JoNNN\}Nlll^l NN=$ s* sl 2 q ? ? q q E'I6,l Elg EIEt ftol EI .=l EI EI @ .Po, h EEI P o F -El fr $EgI E .dog,-'=l B8 OEI E Efo(-)oo !oo0) Lo Lg '9ct)E'Eoo!F .C(9ato!,8tro(EL c)9NENE FtJ-od;UJ(gcaiN=to =i,'lfr E isF r -6'9 -L z i ;,;:.. o- fu =.os 5Etr -o-B €gO =';\q Hg E€o(,,-c=eoc'E'-oE>OeEOEooU,.s'= -Lb.s65(])gEoo->-cEo'EooaobEF=s6otr oPE.E *sLOoos>;caDofs H sEgAp FUJ;+x H.E=r E E q ? U.i'El E E f; g, i :.6.E1 9 E "_ fl E E $pl s E g t E EOOI E. E, O = N N CAPITAL STOGK 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 Authorized per Share Shares Amount Common 10000 4.02 Rev 3/02 Page 13 INCOME & RETAINED EARNINGS STATEMENT TotalCompany ldaho Only TotalOperating lncome (from page 15) Total Operating 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-Net 7200 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-Net 7400 Nonoperating Taxes 7510 lnterest on Funded Debt 7520 lnterest Expense-Capital Leases 7530 Amortization of Debt lssuance Expense 7540 Other lnterest Deductions 7500 lnterest and Related ltems 7610 Extraordinary lncome Credits 7620 Extraordinary lncome Charges 7630 Current lncome Tax Effect of Extraordinary ltems-Net 7640 Provision for Deferred lncome Tax Effect of Extraordinary ltems-Net 7600 Extraordinary ltems 7910 Income Effect of Jurisdictional Ratemaking Differences-Net 7990 Nonregulated Net lncome AMOUNT TRANSFERRED TO RETAINED EARNINGS Rev 3/02 8822970 6388287 0 0 0 1 05950 0 105950 8801 91 0 6358376 0 0 0 105950 0 1 05950 1 02601 102601 0 0 -141501 0 0 -141501 -38900 -38900 225840 4338 225840 4338 0 230178 0 230178 28051 2087706 28051 2096557 Page 14 Item OPERATING REVENUES TotalCompany ldaho Only Local Network Services Revenues 5001 Basic Area Revenue 5002 Optional Extended Area Revenue 5003 Cellular Mobile Revenue 5004 Other Mobile Services Revenue 5010 Public Telephone Revenue 5040 Local Private Line Revenue 5050 Customer Premises Revenue 5060 Other Local Exchange Revenue 5069 Other Local Exchange Settlements $ t ,176,617.00 $ 1 ,417.00 1168225 $ 197,1 '18.00 197118 Network Access Services Revenues 5081 End User Revenue (SLC) $ 620,010.00 5082 Switched Access Revenue (lnterstate) $ 4,713,930.00 5083 Special Access Revenue $ t,402,899.00 5084 State Access Revenue (lntrastate) $ 600,063.00 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 $ 17,770.00 5264 Other lncidental Regulated Revenue $ 5269 Other Revenue Settlements 5270 Carrier Billing & Collection Revenue $ 80,385.00 80385 Uncollectible Revenues 5301 Uncollectible Revenue - Telecommunications $ 12,761.00 12761 5302 Uncollectible Revenue - Other TOTAL OPERATING REVENUES $ 8,822,970.00 8801910 Please identify the following revenues: NECA USF $_1,105/40-. To what account were they booked? 5082.12 State USF $ +0n502.00_. To what account were they booked? 5084.50 618070 4703202 1402899 600063 17770 1417 Rev 3/02 Page 15 OPERATING REVENUES !tem TotalCompany ldaho Only Plant Specific Operations Expense 6110 Network Support Expenses 61 12 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 621 0 Central Office Switching Expenses 6211 Analog Electronic Expense 6212 Digital Electronic Expense 621 5 Elecko-Mechanical Expense 6220 Operators System Expense 6230 Central Office Transmission Expenses 6231 Radio Systems Expense 6232 Circuit Equipment Expense 6310 lnformation Originationffermination 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 3373 0 0 16 210116 300 53999 226682 31 5256 71 0516 20533 212802 0 0 0 0 24 0 5778 0 991 306 2750701 Page 16 0 3352 0 0 16 20881 0 298 53663 225273 313297 7061 00 20405 211479 0 0 0.00 5742 0 985145 2733606 OPERAT!NG REVENUES Item Plant Nonspecific Operations Expense 651 0 Other Property/PlanUEquipment 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 661 1 Product Management 6612 Sales 661 3 Product Advertising 6620 Services 6621 Call Completion Services 6622 Number Services 6623 Customer Services Tota! Customer Operations Expense Corporate Operations Expense 6710 Executive and Planning 6711 Executive 6712 Planning 6720 General and Administrative 6721 Accounting and Finance 67 22 External Relatio n s 6723 Human Resources 67 24 lnlormation Management 6725 Legal 6726 Procurement 6727 Research and Development 6728 Other General and Administrative 6790 Provision for Uncollectible Notes Receivable Total Corporate Operations Expense TOTAL OPERATING EXPENSES Rev 3/02 TotalCompany 2750701 ldaho Only 2733606 0 0 0 149832 100684 0 0 148901 1 00058 99610 193225 0 1575467 98991 192024 0 1575467 2118818 2115441 0 0 0 0 0 90148 2990 89588 424 546419 639557 2861 30 546419 635583 284352 301942 146110 1 15608 20864 0 5377 300033 145215 1 14890 20734 0 5344 31 80 3'180 879211 6388287 873747 6358376 Page 17 sffiH$$E6h-Ca (e6i'0* Ed8,4 ,^o@(f)lot,"X(f)(oo)r\*ti@ F- yaad -l@(f, Iti .9 .q.coz Lo Eo)-c.aEfo-coz o6>. 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ANNUAL REPORT FOR SMALL TELEPHONE COMPANIES YEAR ENDED DECEMBER 31,2014 CUSTOMER RELATIONS RULES GOMPLIANCE Rule IDAPA 31.21.01.603 Rule IDAPA 31.41.01. 1 05 Please provide copies of: Summarv of Customer Relations Rules for Telephone Coroorations ldaho Telephone Solicitation Act Notification Method of Notification: Mailed separately to customers Yes X No lncluded in directory Date of notification Yes X No 4-1-15 Alternate method of notification Rule |DAPA 31.41.01 .403.02 Record of Complaints: Number received by Company Category of complaints (if known): Deposit Disputes Charges on Bill Denial/Termination Quality or Availability of Service Carrier Selection/Assig n ment Miscellaneous 1 Disputed LD Calls Rev 3/02 Page 20 CERTIFIGATE State of ldaho County of Cassia l, the undersigned Richard Redman, of Albion Telephone Company, lnc. located at225 W. 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. SS I ])l^- Narry l.Wof fit{otary Dufifrc Saa of l{oft Rev 3/02 gdUexcel/jnelson/anulrpts/telannualrpt (Officer in Charge of Accounts) Me this /4 day of 4fU , (Year) ,cf ' L . , (Year) Jbp t Page21 oo6- ot N@.o 0 o N ct {Nc2F o@ula6 ,It ! otsG IN o o tsN@ o@\t_N+o @ @, @i oE!otq F CJo a 5 N NN @oo-otso oor'!oFa ,Nq oo, co Ioooo 6I oo =oodEo G oooU' tro r!octoo (E oa! 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