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HomeMy WebLinkAbout2018Annual Report.pdfAt-c - T ATilYTIAL REPORT OF I il ALBION ONE COMPANY E 225 WEST NORTH STREET, PO BOX 98 ALBlON lD 83311 TO THE IDAHO PUBLIC UTILITIES COMMISSION FOR THE YEAR EN DED 2018 t h I I t I II n ADDRESS *,+,"# p 208-673-5335 I t 208-673-6200 / e atc@atcnet.net I a 225 W. North St.Albion, lD 83311 April12,201.9 (J"1 ldaho Public Utilities Commission Attn: Diane Hanian PO Box 83720 Boise, lD 83720-0074 ,] (1) :F C.J "r-\.0 Dear Ms. Hanian 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, ,M,IiJ, 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 office:225 West North Street. P.O. Box 98 Albion tD 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 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)Corporation lf a Subchapter S Corporation, please specify: Name and address of controlling company, if any We are a Subchapter S Corporation 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. Title Name Address President Darla Redman P.O. Box22 Albion tD 83311 Vice-President Richard L. Redman P.O. Box 14 Albion tD 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 Nrgqlg 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 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 Title Wages and Bonuses Paid Richard L. Redman Vice-PresidenUGeneral Manager Confidential Rev 3/02 Page 2 3600 3600 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 SHEETAssets and Other Debits Ealance Ealance at Endot Year lncrease or (Decrease)Tiile ot Account Current Assets1120 Cash and Equivalents1130 Cash1140 Special Cash Deposits 1 150 Working Cash Advances1160 Temporarylnvestments 1 180 Telecommunications Accts. Receivable1181 Accts. Rec. Allow. -Telecommunications 1 190 Other Accounts Receivable1191 Accounts Receivable Allow. - Other1200 Notes Receivable1201 Notes Receivable Allowance1210 lnterest & Dividends Receivable1220 Material and Supplies1280 Prepayments1290 Prepaid Rents1300 Prepaid Taxes1310 Prepaid lnsurance1320 Prepaid Directory Expenses'1330 OtherPrepayments1350 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, PIant 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 Eeg ot inning Year 3964905 2797061 -1167844 409262 377612 -31650 -20454 -1 8858 1 596 338703 1188772 850069 0 0 741557 832300 90743 160522 164108 3586 0 5287190 6338826 1 051 636 232356 209172 -23184 1217599 1147066 70533 52375177 53759522 1384345 6966 25450 18484 0 0 -306231 50 -31 098984 -475834 0 0 34090633 Rev 3/02 TOTAL ASSETS 35722047 1631414 Page 4 BALANCE SHEET Liabilities & Stockholders' Equity Title of Account 4010 4020 4030 4040 4050 4060 4070 4080 41 00 4110 4120 4130 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 4310 4320 4330 4340 4350 4360 4370 Balance BalanceBeginning at EndofYear ofYear 230928 366880 lncrease or (Decrease) 234275 243800 9525 4550 4900 350 1269649 1296676 27027 0 0 0 00 321130 325277 4147 -1 32901 I 0 0 0 0 00 00 4510 4520 4530 4540 4550 40200 40200 0 20209817 22993249 2783432 TOTAL LIAB. & OTHER CREDITS 34090633 35722047 1631414 Rev 3/02 Page 5 135952 11780084 10451065 0 Nlr)O)tr)r--cotr) $O)o@ CO! 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Minor amounts in Account 1406 may be grouped by classes. Description EntryPoint 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 Gost of lnvestments Disposed of This vear Book Cost of lnvestments Held at End of Year 250000 44580 79057 591 0494 33980 18725 0 67046 1 991 0 0 1 6530 1 25596 791 0 6548790 RECEIVABLES ItemizeamountsshowinAccountsllS0, 1'190and1200. Fornotesreceivablelisteachnoteseparatelyand 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 358754 0 135322 0 1014320 0 38709 100 322 Rev 3/02 Page 10 1547527 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 allAccounts Payable amounting to more than $100.00 Name of Creditor Federal Excise Tax Misc Qwest pmts to Arapahoe Tel Syringa Wireless Gift Certificates State USF Surcharge Dish Network 911 Payable Conseco/Life lns. Raft River Electric Shared Rent Red Ban State Use Tax Franchise Fee - ICS Totals Amount 2686 297374 0 -56 25 6 0 2875 -1459 4581 56s33 2474 1841 366880 0 Rev 3/02 Page 11 N 0) O)oo_ No co ot Ec.) =l (oLI -tJt ro Helg<r LIol:tol6rlbl sEl ot rf) =lEl Btl \o N !,1olgNl :ls El3t &lol \l EI .=lEI EIEt 5to-t Fl o) .Po, SEfiI P(E .:-l r EEIr>lo +jc =oooo !ooo Lo ooo o)E =o-ca-(fco Lo-oE =c c =oooooi -}Eccb: srP.coO-5fo9Eo)o_o-.9 crc>3o)e<nHPo*qQ€oc 'f:'-oE>OeEO=oo(,.='; -Lb.PooU)gEoo->-cEo'EooOU)bEFfs6(I,F:E-_aA-EOfht8eL-ooo5> i:iD G == o (e\t E Go (\tvd(oNt dro(\t!td{(\td (\Ito oI() Fd!uJo Etr lrJIozo t- $EEIH Et .r,g -'=l dI "fl E ag* gl e(!0(,)1 'Eoolo od) at EEI fr06.E b o-ol801 q obl t 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 of Shares Authorized 10000 Par Value per Share 4.02 Outstanding per Balance Sheet Class & Series of Stock Common 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) I 0044389 7518218 0 4856 162064 0 1 66920 00 1 0031 025 7479916 0 0 162064 0 162064 7310 7320 7330 7340 7350 7360 7370 7300 7510 7520 7530 7540 7500 Dividend lncome lnterest lncome lncome from Sinking and Other Funds Allowance for Funds Used During Construction Gains/Losses from the Disposition of Certain Property Other Nonoperating lncome Special Charges Nonoperating lncome and Expense lnterest on Funded Debt I nterest Expense-Capital Leases Amortization of Debt lssuance Expense Other lnterest Deductions lnterest and Related ltems 196781 1 96781 0 0 0 0 -432844-432844 -236063 -236063 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 337379 77 337379 77 0 337456 0 337456 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 Extraord inary ltems-Net 7600 Extraordinary ltems 7910 lncome Effect of Jurisdictional Ratemaking Differences-Net 7990 Nonregulated Net lncome AMOUNT TRANSFERRED TO RETAINED EARNINGS Rev 3/02 1812942 3598674 1812942 3628468 Page 14 OPERATING REVENUES !tem TotalGompany 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 Dlrectory Revenue 5240 Rent Revenue 5250 Corporate Operations Revenue 5261 Special Billing Arrangements Revenue 5262 Customer Operations Revenue 5263 PIant 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 $ 979,180.00 972009 $ t s0,359.00 1 50359 $ $ $ $ 484,522.00 6,089,096.00 1,614,709.00 591,207.00 482604 6084821 1614709 591207 $ 13,097.00 1 3097 $600.00 600 $0 $ $ 123,272.00 123272 (1,653.00)-1653 TOTAL OPERATING REVENUES $ 10,044,389.00 1 0031 025 Please identify the following revenues: NECA USF $ 2,475,879 To what account were they booked? 5082.12 StateUSF$464502.00-.Towhataccountweretheybooked?5084'50 Rev 3/02 Page 15 ldaho Only OPERATING REVENUES Item TotalGompany ldaho Only Plant Specific Operations Expense 61 10 Network Support Expenses 61 12 Motor Vehicle Expense 6113 Aircraft Expense 6114 Special Purpose Vehicles Expense 6115 Garage Work Equipment Expense 6'116 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 631 0 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 0 26119 0 0 25930 0 0 0 238528 515 45129 122755 113487 0 0 236802 511 44803 121867 112666 00 889621 123200 1 98766 0 0 8831 85 122309 197328 0 0 40 0 -793 1 8668 13322 0 1242216 39.71 0 -787 1 8533 13226 0 1233230 Rev 3/02 TOTAL PLANT SPECIFIC OPERATIONS EXPENSE Page 16 3031 573 3009643 OPERATING 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 Total Gustomer 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 lnformation Management Legal Procurement Research and Development Other General and Administrative Provision for Uncollectible Notes Receivable Total Corporate Operations Expense TOTAL OPERATING EXPENSES Rev 3/02 TotalGompany 3031 573 0 0 0 417 125056 9851 7 ldaho Only 3009643 0 0 0 414 124151 97804 141 958 187341 0 2223510 140931 1 85986 0 2223510 2776799 7279727 0 0 0 0 0 7988'1 1187 79303 -3428 636733 717801 31 7006 636733 712608 314713 325017 1 70993 171622 6636 0 771 322666 '169756 1 70380 6588 0 765 00 992045 7518218 984869 7479916 Page 17 @ q)o)(o o_ I(o cr)ro Iroo .9. Coz LoEo_c.a -o=o_coz -c =U'L"q)OCED: ,EA'oP fLJ Itoohix_6oEoz No (f) (,)t I I I If.-@@ttEIfo6N,pl P.s()E -oaao'Eo()-a6€ EA EUA- o(I,F(l) EDOLs-t6 o EOEobE EEEiaEaffbozt- I l3qb..ort,gEtr*= o(E---trttoooX.E.EuooEccot.o .o.6FF =oolii5i5 SMHEgE6hEcrr -NoP a* Edt6 ,^cDO@rc)Epr^oB€'ta@di (f)o@tr)>r N S CDtsN (ooo_I o:O(OrtO =ol.-sN(O.llc(Osr(OooNrrEP=u)a& O(OstO -F-sN(O9(o--(O6No- .r> :1 (EEo ,-b = e"F>J+ xA(YE<o-'oz- .f >, f(EEo ..>=OrL=co>J+ oC:o9o?gi; '6 o oOoFC OJEo.- o)Ulcoi,t I(oN Iaq) .cJ aot- Eoo- EoO IrOo Iao.cJ c'6 o Coo- Eoo I IroC =o)coEo-ooF .oEf o_ rif(L.! Eq)aj IL x0)L EoooofEC 3 ARJI .=l i; El tEI J.-tJl butl E El.b,Jl Aol f<lo I I I*l Il-clol= E.; L4,qbl|, aB:* I-v O Q..lo.tsEkEE!E(Ju-luJO ao(! .9E'.; .2<EFO<EoEllJ o(Joi-9tr= J(oSEFN Z-IJI (9ob ,tt Eoooo oofil oooo(, o Eo o o o .9 (g() '6 oso Oooo-l ooo 3o LUtq) E ..tc .g)aoo a; r,Ellox, I-Y -l o) E.s=€oo< >l ol(slol.Elol olEI =lololololol<t 5 CL CL(Erelql!9 L c 7 -.lot q lrEO!i!0trrjyooo@-E t-Fo0) 0)lzoF oo- F ! C) =aoo Lo oL Eoo f.-@t-(o(otr co@lostr)ro NNlr) FN@ $Nci @-cco-o)>-(o oiJ! <o_ U+(J(o ol ooccoo(o _u3o ..L^taE0)b#<E.. (Loo o oL E 0)otso q) Eoz !(! o)>pb8e:9E 8.U C /\ C tscvoo'o=!?ooo."'cmzoU- oooo It Ee B<'= s 6lLIol'ElLI(6l C)I_tol Ebl E5pl 8ROl rUolplPI gN'=Oo)EI P PLJIOO|,ler (trlol_tol o)Fr gEsco3N.:E o) oo)o(Itsp>r '=ot ( J:l(ol OI_t(trlololJlb6' -o c)tro z:- I- o6t(,z d.footuJEoFU'f C) oo IJJ IU o. =ooaJ o ot IIJo =f,z f.-(o @N *EE H,E ? 9.3 E{s.Lo-J No cr) oE.l-- @(0rO$c.)IO)s q)o)co_coxul oooJ N-cOSlr @f.-@tr) il llllllllllllll||llllllllllllll|||lllllllllll !llllllllllllll c ANNUAL REPORT FOR SMALL TELEPHONE COMPANIES YEAR ENDED DECEMBER 31,2014 CUSTOMER RELATIONS RULES COMPLIANCE Rule IDAPA 31.21.01.603 Rule IDAPA 31.41.01.1 05 Please provide copies of: Summary of Customer Relations Rules for Telephone Corporations ldaho Telephone Solicitation Act Notification Method of Notification: Mailed separately to customers Yes_X_ No_ lncluded in directory Yes_X_ No_ Date of notification 311012018 Alternate method of notification 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/Assig n ment Miscellaneous Rev 3/02 Page 20 0 CERTIFICATE 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. (Chief Officer) SS (Officer in Charge of Accounts) Subscribed and Sworn to Before Me this h day of flapti\ Notary Public My Commission expires () Rev 3/02 gdk/excel/jnelson/an u lrpts/tela nn ualrpt , (Yea0 )o) Page 21 ) ) ) @ o ooGo- ooF @@o- @@@-o No_ @ I N N" N INi3 lo o@@ oo doN @o"o @- ooo- N @F. @oo- N @-o tstr o 6NN t' oo@- No ts@o- @ @o. oo Nts{- o si N o-oo\N Nnto @ .9 d ooo s E! o =odEo ooa E oJ @ o I lN lo t- oo0 N- o- N o- .j FtsN- N c1 N6 s- Noo oN.ooN oo@- @-N 9- @ N $-o@ oN d@N a@n oo N o U I I @o- @N @@-N os-o N o No- @ @ N @@- NflN tsNN @{-oF o t_ oJo-JJoF d o o o o o- I I No- @ No- o o.oo-rv. N @ q N N N- @@@"o o6 N N N{-oN 6F 3 odoF = !o 'to oIo I @@-o I N o!o o @ot- N NNo-o@ N6- @ Fo- ooa-oo oNa_No6! oo + rNts- o No-ts Na N NoN 6o oN@- oo E oF o- N 9- @ v- o o- @@{- @ o- @ {_ @ @@.{ N c! @t- @@ No. tsN o @ @ @ @6i@ o€- N rt @N.ts@ @- oo@. @oN o o-ts N. N N\ @- $ o- NN N o j o! 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