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HomeMy WebLinkAbout2016Annual Report.pdfAL3-I ANNUAL REPOR T OF —J — ALBION TELEPHONE COMPANY,INC.—c mNAMEz-rn 225 West North Street,P0 Box 98 Albion,ID 83311 ADDRESS TO THE IDAHO PUBLIC UTILITIES COMMISSION FOR THE YEAR ENDED 2016 p 208-673-5335 I f 208-673-6200 / e atc@atcnet.net I a 225 W. North St.Albion, lD 83311 AprilLt,2OLT 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, Julie Laumb Controller ANNUAL REPORT OF SMALL TELEPHONE COMPANIES TO THE IDAHO PUBLIC UTILITIES COMMISSION FOR THE YEAR ENDING DECEMBER 31, 2OO9 COMPANY INFORMATION Exact name of utility:Albion Telephone Company, lnc. Address of principal otfice:225 West North Street. P.O. Box 98 Albion tD 83311 Telephone Number (Area Code 208_!ZQl!!s 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 otfice where corporate books are kept and phone number: 225 West North Street. P.O. Box 98 Albion tD 83311 Organized under the laws of the State of:ldaho Date of organization:1929 - lncorporated Septem ber 11. 1953 Form of organization (proprietorship, association, corporation) lf a Subchapter S Corporation, please specify: Name and address of controlling company, if any: Corporation We are a Subchapter S Corporation Names of atfiliated 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. Title Name 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.) Name and Address Term Expired or Current Term WillExpire Richard L. Redman NA Darla Redman NA Barry Redman NA Jennifer Bradshaw NA Nicole Allphin NA Kyle Redman NA Name of Chairman of the Board: Darla Redman Meetings Attended This year 3 3 Fees Paid During Year 3 3600 3 3600 3 3600 3 3600 3600 3600 Name of Secretary (or Clerk) of Board: Number of Meetings of the Board during the year: Richard Redman 3 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 Title President Wages and Bonuses Paid Confidential Richard L. Redman Vice-PresidenUGeneral Manaqer Confidential Rev 3/02 Page 2 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 propefl 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 Tiile ot Account Current Assets1120 Cash and Equivalents1130 Cash1140 SpecialCashDeposits1150 Working Cash Advances1160 Temporarylnvestments1180 TelecommunicationsAccts. Receivable1181 Accts. Rec. Allow. -Telecommunications'1190 Other Accounts Receivable1191 Accounts Receivable Allow. - Other1200 Notes Receivable1201 Notes Receivable Allowance1210 lnterest & Dividends Receivable1220 MaterialandSupplies1280 Prepayments1290 Prepaid Rents1300 Prepaid Taxes1310 Prepaid lnsurance1320 Prepaid Directory Expenses1330 Other Prepayments1350 Other Current Assets Noncurrent Assets1401 lnvestment in Affiliated Companies1402 lnvestment in Nonaffiliated Companies1406 Nonregulatedlnvestments1407 Unamortized Debt lssuance Expense1408 Sinking Funds1410 Other Noncurrent Assets1438 Deferred Maintenance & Retirements1439 Deferred Charges1500 Other Jurisdiction Assets - Net Property, Plant and Equipment2001 Telecommunications Plants in Service2002 Prop. Held for Future Telecom. Use2003 Telecom. Plant under Constr. - Short Term2004 Telecom. Plant under Constr. - Long Term2005 Telecom. Plant Adjustment2006 Nonoperating Plant2007 Goodwill Depreciation and Amortization Accounts3100 AccumulatedDepreciated3200 Accum. Depre. - Held for Future Use3300 Accumulated Depreciation - Nonoperating3400 Accumulated Amortization - Tangible3410 Accum. Amort. - Capitalized Leases3420 Accum. Amort. - Leasehold lmprovements3500 Accumulated Amortization - lntangible3600 Accumulated Amortization - Other Ealance tseganning ot Year 4998043 Ealance at End ot Year 4842291 lncreaseor (Decrease' -155752 403887 426293 m -20194 :21319 -1125 548202 571021 22819 0 817203 640980 -176223 160437 234570 74133 0 4640603 4732161 91 558 287093 246582 -40511 912404 1 0391 04 126700 46310282 51412143 51 01 861 31 38 9244 61 06 4324455 0 4324455 -29775225 -30124830 -349605 -4324455 0 4324455 29285873 Rev 3/02 TOTAL ASSETS Page 4 34008240 4722367 BALANCE SHEET Liabilities & Stockholders' Equity Title of Account 401 0 4020 4030 4040 4050 4060 4070 4080 41 00 4110 4120 41 30 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 Capital Stock Additional Paid-ln Capital Treasury Stock Other Capital Retained Earnings 4210 4220 4230 4240 4250 4260 4270 431 0 4320 4330 4340 4350 4360 4370 Balance BalanceBeginning at End of Year of Year 687223 725175 lncrease or (Decrease) 37952 260750 244115 -16635 4760 4200 -560 1172656 1355767 183111 0 0 0 0 00 314334 33111'1 16777 10833117 12970592 2137475 0 0 0 00 00 0 152283 1 3056 -139227 0 4510 4520 4530 4540 4550 40200 40200 0 15820551 18324024 2503473 TOTAL L!AB. & OTHER CREDITS 29285874 34008240 4722366 Rev 3/02 Page 5 o)o) o)ro CArlo oroo)loI Nrooo,(o(o oc{O)(ac{N(o ot-N(oo) o N(o (f)s(Y)(o o(f, @@o) o,N(f,(o (f) @ oN (o @$ro o,olot@(o @N roNt-(oN(o @roO)@o (f)I-r{)(f) F- Nlo(oo,r.r)N o(o @@O) (r)(o$@@ @Nooo, N(o @(olr)(Y) oo(o$(o oos o,t-@o,o otoo,to I @(o @o(, to(f)NN(o @ F-o,NN(o o @$oNt- $o(f)Nt- olo(oo)$N str@@o,$c\t otof.-t-(ot-N t\Nlo(olo o,N@Ntt o)so,@ No)lo F- to (t)(ooN oo@@NI (ooo$o,ro t-@o)t(o Nos(f) ooslf)(o(o lo(oN@ toF-F-v@ $N@lr,OL f;Et OE $eEF"gFt' ooco@N NlO@$N Nlo$o,@ .- E Ecgo!.EU,a&b ulo t UJ(t, =Fz Jo- .oU'Oi(u =oKEocL =5=or3oh5tr UJ lto 9,o z olo)lcl(UltoxUJ -coc E(D o G (L oo) (5J $(oN o,c =og trBtr Ai l'=SEEHE>r(I).=;i^@ 6 =*;7b.ifi < gF.i.= E 5oE(.)=(,)o-(u.:ly=O(rO(,() OrNeeN(Y)d)rNNNN(f)(oNNNNN o .E o= =U)6.9co oo) Io o -9lU rO NN (f)(o (f) (f)(r)r-N o,.c !o'= a .9c Poo I,U E.=.9o N NN !C).= =a .9o o -9tu o,oEc =NN (f)Ns$coN o) =o. 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Minor amounts in Account 1406 may be grouped by classes. Description 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 Date Acquired Book Cost of lnvestments Disposed of This vear Book Cost of lnvestments Held at End of Year 0 100160 77568 4503349 30599 18494 0 1 16855 1991 0 0 27101 102626 4977 0 4983720 RECEIVABLES Itemize amounts show in Accounts 1 1 80, 1 190 and '1200. For notes receivable list each note separately and include the maturity date and interest rate. Minor amounts in Account 1210 may be combined. Name of Companv Customers Qwest CABS AT&T NECA Red-Ban ldaho USF Syringa Network Misc. Totals Amount at End of YearNotes AccountsReceivable Receivable 404974 0 8201 I 0 45092 0 38709 100 {n1 570995 Rev 3/02 Page 10 NOTES PAYABLE For Notes Payable, list each note separately and include the maturity date and interest rate. Name of Creditor Date of Note lnterest Rate Due Date Face Amount Totals ACCOUNTS PAYABLE Report below all Accounts Payable amounting to more than $100.00 Name of Creditor Federal Excise Tax Misc Qwest pmts to Arapahoe Tel Syringa Wireless ATC Long Distance State USF Surcharge Dish Network 911 Payable Conseco Raft River Electric Shared Rent Red Ban State Use Tax Franchise Fee - ICS Totals Amount 1 3806 638962 0 0 0 481 0 4243 -187 851 3 52414 3864 3079 725175 0 Rev 3/02 Page 11 N oo,o(L No(o otr OOTr)OI-$tOl-N(oloN(o =l@rr)(o _,El s lEt Elg<r LIol -lololLl -o 9l ",S s s X s s=rEl e g g N 3 3El ;q d d I c"j sN E'Iol-r Nl EIg EIBt &tol EI .=lEI EIst Et icfo()ooEo(U o) o ooo o)c'= osoEco oo E)c cfoooooie6-c6I -L srPc(uO-5=oo'E cDo-o-9crc> 3'o,auiHgo*o(,-c =,eoc'E'-op>OeEOEoao.E '= -L.b .gooU)gEoo->cEo'Eoq)o(,,bE (o=(trE cPE.E il.e,L-ooo5> iDof= o (Y'tEtrGo Ntf d(0ott dro(\ttdttNtd Nto o()() Fo IJJo =t.uJ I (9zo orooooo .Po, E p Efil S ro sil :!? 8l =).lo @o(oPRE =El R = I S P I H=EI E P $ @ @ : lI E€I r<=t<t El q.o.o(a9@ gl E s r s s 5 q, 8o E] sEiEF+o 8o H qE _e apFur:- +x H.E=, c F 6 u- x fiEl s ; t E s sg6I E E E f; E Z6El d. E d = i< 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. GIass & Series of Stock Common Number of Shares Authorized 10000 Par Value per Share 4.02 Outstanding per Balance Sheet Shares Amount Rev 3/02 Page 13 Item INCOME & RETAINED EARNINGS STATEMENT TotalCompany ldaho Only Total Operating 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 Interest Deductions7500 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-Net7600 Extraordinary ltems 7910 lncome Effect of Jurisdictional Ratemaking Differences-Net 7990 Nonregulated Net lncome 8825706 7165495 0 4710 1 53840 0 1 58550 00 8807974 7132246 0 0 153840 0 153840 45911 45911 52943 94360 00 52943 94360 193214 193214 337111 3346 337111 3346 0 0 340457340457 1 566598 2921016 1 566598 2941243 Rev 3/02 AMOUNT TRANSFERRED TO RETAINED EARNINGS 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 Network Access Services Revenues 5081 End User Revenue (SLC) 5082 Switched Access Revenue (lnterstate) 5083 Special Access Revenue 5084 State Access Revenue (lntrastate) 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 $ 1,163,346.00 $ 185,415.00 647,393.00 4,706,587.00 1,417,652.00 576,404.00 1 1 55406 1 8541 5 $ $ $ $ 645500 4698688 1417652 576404 $ 13,800.00 $644.00 $ 123,305.00 (8,840.00) TOTAL OPERATING REVENUES $ 8,825,706.00 Please identify the following revenues: NEcAUSF$-1,181,226-.Towhataccountweretheybooked?5082.12 State USF $ 464502.00_. To what account were they booked? 5084.50 13800 644 0 $ $ 123305 -8840 8807974 Rev 3/02 Page 15 OPERATING REVENUES Item TotalCompany ldaho Only Plant Specific Operations Expense 61 10 Network Support Expenses 6112 Motor Vehicle Expense 61 13 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 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 0 1 9979 0 0 1 9850 0 0 -20866 204160 577 52795 202324 329770 0 -20732 202845 573 52455 201021 327646 00 8201 56 123200 207622 0 0 814874 122407 206285 0 0 0 0 -1693 8834 6935 0 958365 0.00 0 -1739 8834 6890 0 952193 Rev 3/02 TOTAL PLANT SPECIFIC OPERATIONS EXPENSE Page 16 2912158 2893404 OPERATING REVENUES Item Plant Nonspecific Operations Expense 651 0 Other PropertyiPlanUEquipment 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 6710 6711 6712 6720 6721 6722 6723 6724 6725 6726 6727 6728 6790 Corporate Operations Expense Executive and Planning Executive Planning General and Administrative Accounting and Finance External Relations Human Resources I nformation Management Legal Procurement Research and Development Other General and Administrative Provision for Uncollectible Notes Receivable Total Corporate Operations Expense TOTAL OPERATING EXPENSES TotalCompany 2912158 0 0 0 132341 110822 117026 251425 0 2002672 2614286 156777 1823 622428 781028 237577 324704 1 55566 114514 20469 0 1 193 Idaho Only 2893404 0 0 131489 110108 116272 249806 0 2002672 2610347 0 0 0 0 0 155767 -2197 622428 775998 236047 322569 154582 113777 20337 0 1 185 4000 4000 858023 7165495 852497 7132246 Rev 3/02 Page 17 @ og)o(L Io)st(a I.U o .9.coz LoEoc .9,a:,o-Cozt =g...oai c.EDK E.h.9, iJ; ltoohi9X OEaz (\o(o q,t -.:fo6Nogso1' -q)a.a(U 'u-(l)o c=EaEaLA-o(Utro EDOgei6o =oodjbEEhfo_6 -6 EE ==btJzt- rllq',tOqb ..(JE B,gEtr! olE--EtsteEeuorocccEr.o .o.OFF =(U(Ulii5i5 A,?BNE9g;ica$$si6hEcD (o 6- Atr tsEEa ,^lr)lo(oNt,'XF-Nlf)$,i Ij 1'* r- =aa6 lf)1o(aF>, 1- N rr) stf]l- I- G(L Ir or tO ls C) O)=6o\r@(o.vtr(os(e(oE)(l)NC\tEP=o@& lr) l- CY) O) -olif@(o€(o\t(e(odN NLI .f> fo>(L ,b = gF>Jt xEtrE<82 .r> f(s>(L =,8=EO>-r+ q)tr:o-9o9gi; '6 tr roolo -I5rllllrc.'@lLIE ,l -.1 e: Jod)ltr:5 g XYOJg PE 6I -Fb fl gFEhYOo_o_:Eg E 5:(LOO (o s(a oo L =o Eoa Jo oo:f .; oc5ooooo I "l l-cl()l! 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(Loo Lo (E coo oo Eoz o(JoFC OJEoa;ar6E, P lrox, It-lo) EgEoo< ho>9bBeke,E8-bj =8E€'6,=!iooo.vlcrllzoUJ oooo EIolrEloJ6lol olEI =lolol6rlC'Iol<t 5CL EL(Er elaEl !dt-E I E t -lp'EE;, Erj900)oa-v o) o)o,o(L Pe ft AalLIol'ElLI(sIoltl Rbl EsEI PEolUol(l)lEl .eE El fisrrl -g (oU)lc olOI -t.ol sFr gBoo ES tss>.=ot ( J :l(ol OI_t 8lolJlb6'-ooEO =oz:- ro o(\t ozt =oot.IIJ =o ofo oo UJ ul o- =ooo olrotr uJ @ ==z @o,(f)(a +EE s5 ? 96 E<ri oq)Eo !oxIU (UooJ (aro c\to(e otN(ortr)$c\ro)@t-(oro$(f)c\ ANNUAL REPORT FOR SMALL TELEPHONE COMPANIES YEAR ENDED DECEMBER 31,2014 CUSTOMER RELATIONS RULES COMPLIANCE Rule IDAPA 31.21.01.603 Rule IDAPA 31.41.01.105 Please provide copies of: Summary of Customer Relations Rules for Telephone Corporations ldaho Telephone Solicitation Act Notification Method of Notification: Mailed separately to customers lncluded in directory Date of notification 4-1-1 Alternate method of notification Yes_X_ No_ Yes X No Rule IDAPA 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/Assignment Miscellaneous 1 1 Rev 3/02 Page 20 CERTIFICATE State of ldaho County of Cassia l, the undersigned Richard Redman, of Albion Telephone Company, lnc. located at225 W. 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