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HomeMy WebLinkAbout2009Annual Report.pdf, ,f (' cAi1--t ANNUAL REPORT OF Cambridge Telephone Company, Inc. NAME PO Box 88, Cambridge, ID 83610 ADDRESS TO THE IDAHO PUBLIC UTILITIES COMMISSION FOR THE YEAR ENDED ' December 31, 2009 f" , ~lMsllßg pt:rh'.t1\,- '''t"" Znrr¡ ti:m 30td,; 111 1\ AM 9: 47 ACCOUNTANT'S COMPILATION REPORT The Board of Directors Cambridge Telephone Company, Inc. POBox 88 Cambridge, Idaho 83610 We have compiled the accompanying balance sheets of Cambridge Telephone Company, Inc. as of December 31, 2009 and 2008, and the related income and retained earings statement for the year ended December 31, 2009, included in the accompanying prescribed form, in accordance with Statements on Standards for Accounting and Review Services issued by the American Institute of Certified Public Accountants. We have also compiled the supplementar information, except for pages 1,2, 18, 19, and 20. Our compilation was limited to presenting in the form prescribed by the Idaho Public Utilties Commission information that is the representation of management. We have not audited or reviewed the financial statements referred to above and, accordingly; do not express an opinion or any other form of assurance on them. 'These financial statements and the supplementar information are presented in accordance with the requirements of the Idaho Public Utilties Commission, which differ from generally accepted accounting principles. Accordingly, the financial statements and supplementa information are not designed for those who are not informed about such differences. The information contained on pages 1,2,18, 19, and 20 has not been audited, reviewed, or compiled by us, and, accordingly, we assume no responsibilty for that information. ;L ~ li Colorado Springs, CO April 29, 2010 Kiesling Associates LLP I Kiesling Consulting LLC I Kiesling Investment Management LLC . f ".z 1 ANNUAL REPORT OF SMALL TELEPHONE COMPANIES TO THE IDAHO PUBLIC UTILITIES COMMISSION FOR THE YER ENDING DECEMBER 31, 2009 COMPANY INFORMATION Exact name of utilty: Cambridge Telephone Company, Inc. Address of principal offce: P.O. Box 69, Cambridge, 1083610 Telephone Number (Area Code 208 ) 257-3314 Cities or towns served: Cambridge, Council, Indian Valley, Cuprum, Lowman Name and title of offcer having custody of the general corporate books of account: Richard Wiggins, General Manager/President Address of offce where corporate books are kept and phone number: P.O. Box 88, 130 Superior Street, Cambridge, 1083610, (208) 257-3314 Organized under the laws of the State of: Idaho Oate of organization: 1966 Form of organization (proprietorship, association, corporation): Corporation If a Subchapter S Corporation, please specify: N/A Name and address of controllng company, if any: N/A Names of affilated companies. Give address and description of business: CTC Construction, Inc., P.O. Box 88, Cambridge, 10 83610-Construction Services; CTC Telecom, Inc., P.O. Box 69, Cambridge, 10 83610-Telecommunications, Internet and Wireless (CLEC) OFFICERS Report below the title, name and offce address of each general offcer of the utility at the end of the year. If there were any changes during the year, show the name, title, and address of the previous officer and the date of change. Title President Vice President Secretary Treasurer Name Richard Wiggins Kermit Wiggins Kristie Kanady Joana Wiggins Addre P.O. Box 88, Cambridge, 1083610 P.O. Box 88, Cambridge, 1083610 P.O. Box 353, Cambridge, 1083610 P.O. Box 88, Cambridge, 1083610 Rev 3/02 Page 1 , r 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 Expire or Currnt TermName Wil Expire and Addre Kermit Wiggins Indefinite P.O. Box 88, Cambridge, ID 83610 Richard Wiggins Indefinite P.O. Box 88, Cambridge, ID 83610 Joana Wiggins Indefinite P.O. Box 88, Cambridge, ID 83610 Karen Wiggins Indefinite P.O. Box 88, Cambridge, ID 83610 Krisie Kanady Indefinite . P.O. Box 88, Cambridge, ID 83610 Meeings Attended This year 1 1 1 1 1 Name of Chairman of the Board: Kermit Wiggins Name of Secretary (or Clerk) of Board: Kristie Kanady Number of Meetings of the Board during the year: 1 Fee Paid During Year 15,000 15,000 15,000 15,000 15,000 MAGERS List the name of each person who performed management duties for the Company during the year, and the total wages and bonùses paid to those persons: (Do not include Director fees in these amounts.) Name Title Richard Wiggins Kristie Kanady Jerry Piper President SecretarylTreasurer Assistant Manager Rev 3/02 Page 2 Wages and Bonuse Paid 96,758 30,656 63,860 .. NOTES TO THE FINANCIAL STATEMENTS Please provide important information such as changes in accunting or depreciation practices, extensions or additions to the system; disposal of any substantial portion of the propert of the utilty; reorganization, mergers, or consolidations with other companies; leases executed; other contracts or agreements entered into; changes made in articles of incorporation or amendments; the occrrence of contingency losses or gains. 1 In 1998, CTC Telecom, Inc. (CTC), a wholly-owned subsidiary of Cambridge Telephone Company, was incorporated, with an initial investment of $100,000. CTC operates as a Competitive Local Exchange Carrier in the state of Idaho. Additional capital investments of $1,900,000 have been made through December 31, 2009. In April, 1999, CTC secured a loan from CoBank, ACB in the amount of $1,700,000, of which $613,648 was unpaid as of December 31,2009. The loan is secured by a Leasehold Deed of Trust and Security Agreement covering all real and personal propert. In addition, the loan is secured by Personal Guarantee of Payment Agreements by certain shareholders of Cambridge Telephone Company, and Pledge Agreements for stock of Cambridge Telephone Company owned by certain shareholders. An additional loan from CoBank, ACB of $800,000 was arranged for in 2001, of which $132,334 was unpaid as of December 31, 2009. 2 Cambridge Telephone Company (Pledgor) is a member of Syringa Networks, LLC, an Idaho Limited Liabilty Company. In 2002, as security for an extension of credit by Rural Telephone Finance Cooperative, a South Dakota cooperative association (Lender) to Syringa Networks, LLC (Borrower), in the principal amount of up to $30,000,000, Pledgor executed and delivered to lender a Pledge and Security Agreement and a Guarantee Agreement. In 2007, Borrower refinance through CoBank and the guarantee was lifted. Pledgor's investment in borrower as of December 31, 2009 was $1,257,717 (equity method investment) 3 In 2003, the Company received approval from the Rural Utilities Service (RUS) for new loans from RUS and the Rural Telephone Bank (RTB) in the total amount of $17,143,950. The loans were approved by the Idaho Public Utilities Commission by Order No. 29399 dated December 10, 2003. The loans were finalized in 2004, and notes dated April 4, 2004 in the total amount of $17,143,950 were issued. Funds totaling $13,443,500 were advanced, and $8,701,540 were unpaid under these loans through December 31,2009. From these advances, $2,437,712 was used in 2004 to refinance the balance of the loan from CoBank, ACB. Rev 3/02 Page 3 , 1 BALANCE SHEET Asets and Other Debits Balance Balance Incre Beinning at End or Title of Account of Year olYear (Derease)Current Aset 1120 Cash and Equivalents 1130 Cash 9,840 95,967 86,127 1140 Special Cash Deposits 1,985 522 (1,463) 1150 Working Cash Advances - 1160 Temporary Investments 100,186 (100,186) 1180 Telecommunications Accts. Receivable 241,575 256,382 14,807 1181 Accts. Rec. Allow. -Telecommunications 1190 Other Accounts Receivable 1,276,946 1,161,893 (115,053) 1191 Accounts Receivable Allow. - Other - 1200 Notes Receivable 69,720 63,956 (5,764) 1201 Notes Receivable Allowance 1210 Interest & Dividends Receivable 5,211 5,490 279 1220 Material and Supplies 155,481 95,198 (60,283) 1280 Prepayments 1290 Prepaid Rents 1300 Prepaid Taxes 6,977 6,957 (20)1310 Prepaid Insurance 6,092 6,092 1320 Prepaid Directory Expenses 1330 Other Prepayments 21,238 15,613 (5,625) 1350 Other Current Assets Noncurrnt Asets 1401 Investment in Affliated Companies 781,167 785,850 4,683 1402 Investment in Nonaffliated Companies 1,954,891 2,091,857 136,966 1406 Nonregulated Investments 162,521 150,402 (12,119) 1407 Unamortized Debt Issuance Expense 5,396 4,957 (439) 1408 Sinking Funds 1410 Other Noncurrent Assets 134,677 116,674 (18,003) 1438 Deferred Maintenance & Retirements 1439 Deferred Charges 1,470 1,470 1500 Other Jurisdiction Assets - Net Propert, Plant and Equipment 2001 Telecommunications Plants in Service 19,366,958 21,161,545 1,794,587 2002 Prop. Held for Future Telecom. Use 2003 Telecom. Plant under Constr. - Short Term 31,202 37,712 6,510 2004 Telecom. Plant under Constr. - Long Term 2005 Telecom. Plant Adjustment 2006 Nonoperating Plant 2007 Goodwil 1,691,657 1,691,657 Depreciation and Amortiztion Account 3100 Accumulated Depreciated (11,352,789)(11,975,986)(623,197)3200 Accum. Depre. - Held for Future Use 3300 Accumulated Depreciation - Nonoperating 3400 Accumulated Amortization - Tangible 3410 Accum. Amort. - Capitalized Leases 3420 Accum. Amort. - Leasehold Improvements 3500 Accumulated Amortization - Intangible 3600 Accumulated Amortization - Other TOTAL ASSETS 14,666,309 15,774,208 1,107,899 Rev 3102 Page 4 .I , I . i BALANCE SHEET Liabilites & Stokholders' Equit Balance Balance Incre Beginning at End or Title of Account of Year of Year (Derease) Currnt Liabilities 4010 Accunts Payable 311,151 433,144 121,993 4020 Notes Payable 200,000 425,000 225,000 4030 Advance Billngs and Payments 95,735 94,880 (855) 4040 Customer Deposits 4,153 2,703 (1,450) 4050 Current Maturities - Long -Term Debt 1,173,600 1,430,700 257,100 4060 Current Maturities - Capital leases 4070 Income Taxes - Accrued 4080 Other Taxes - Accrued 19,348 18,289 (1,059) 4100 Net Current Defer. Oper. Income Taxes (95,102)(67,232)27,870 4110 Net Current Defer. Nonoper. Income Taxes 4120 Other Accrued Liabilties 123,653 132,670 9,017 4130 Other Current Liabilties 54,830 20,000 (34,830) Long-Term Debt 4210 Funded Debt 8,911,798 9,127,413 215,615 4220 Premium on Long-Term Debt 4230 Discount on Long-Term Debt 4240 Reacquired Debt 4250 Obligations Under Capital Leases 4260 Advances from Affliated Companies 4270 Other Long-Term Debt Other liabilities & Deferrd Creits 4310 Other Long-Term Liabilties 4320 Unamort.Oper. Invest. Tax Credits - Net 113,526 59,364 (54,162) 4330 Unamort. Nonoper. Invest. Tax Credits - Net 4340 Net Noncurrent Defer. Oper.lncome Taxes 269,757 452,868 183,111 4350 Net Noncur. Defer. Nonoper. Income Taxes 233,509 226,540 (6,969) 4360 Other Deferred Credits 61,993 32,417 (29,576) 4370 Other Juris. Liab. & Def. Credits - Net Stockholders' Equity 4510 Capital Stock 30,000 30,000 4520 Additional Paid-In Capital 4530 Treasury Stock (12,511)(12,511) 4540 Other Capital 4550 Retained Earnings 3,170,869 3,368,263 197,394 TOTAL LIAB. & OTHER CREDITS 14,666,309 15,774,508 1,108,199 Rev 3/02 Page 5 AN A L Y S I S O F T E L E C O M M U N I C A T I O N S P L A N T I N S E R V I C E TO T A L C o m p a n y B a s i s Ba l a n c e Pl a n t Tr a n s f e r s Ba l a n c e Be g i n n i n g Ad d i t i o n s Re t i r e d an d En d of Ye a r Du r i n g y e a r or So l d Ad j u s t m e n t s of Ye a r An a l y s i s o f T e l e c o m m u n i c a t i o n s P l a n t i n S e r v i c e 21 1 1 La n d 10 2 , 3 0 2 10 2 , 3 0 2 21 1 2 Mo t o r V e h i c l e s 58 7 , 5 2 1 59 , 1 5 0 64 6 , 6 7 1 21 1 3 Ai r c r a f t 21 1 4 Sp e c i a l P u r p o s e V e h i c l e s 21 1 5 Ga r a g e W o r k E q u i p m e n t -- - - - _ . . . _ - - - - - - - - - - - - - - - - - - - - - - - - 21 1 6 Ot h e r W o r k E q u i p m e n t 23 7 , 6 5 1 1, 3 7 8 (3 6 , 6 6 1 ) 71 1 , 8 6 2 91 4 , 2 3 0 21 2 1 Bu i l d i n g s 2, 2 5 3 , 9 6 3 6, 9 1 1 2, 2 6 0 , 8 7 4 21 2 2 Fu r n i t u r e 58 , 8 4 7 2, 5 4 0 61 , 3 8 7 21 2 3 Of f c e E q u i p m e n t 40 , 0 0 1 40 , 0 0 1 21 2 4 Ge n e r a l P u r p o s e C o m p u t e r s 10 5 , 5 6 3 (1 4 , 0 2 5 ) 91 , 5 3 8 22 1 1 An a l o g E l e c t r o n i c S w i t c h i n g 22 1 2 Di g i t a l E l e c t r o n i c S w i t c h i n g 1, 9 0 3 , 5 2 1 (2 8 0 , 9 4 ) (5 2 , 1 8 4 ) 1, 5 7 0 , 3 9 4 22 1 5 El e c t r o - M e c h a n i c a l S w i t c h i n g 22 2 0 Op e r a t o r S y s t e m s 22 3 1 Ra d i o S y s t e m s 1, 0 2 9 , 4 2 8 40 4 , 4 5 6 (5 4 6 , 3 8 8 ) 88 7 , 4 9 6 22 3 2 Ci r c u i t E q u i p m e n t 2, 1 0 7 , 2 9 8 83 , 7 3 9 (6 8 , 2 8 0 ) 30 , 0 6 9 2, 1 5 2 , 8 2 5 23 1 1 St a t i o n A p p a r a t u s 23 2 1 Cu s t o m e r P r e m i s e s W i r i n g 23 4 1 La r g e P r i v a t e B r a n c h E x c h a n g e s 23 5 1 Pu b l i c T e l e p h o n e T e r m i n a l E q u i p m e n t 1, 8 0 7 1, 8 0 7 23 6 2 Ot h e r T e r m i n a l E q u i p m e n t 24 1 1 Po l e s 21 , 8 8 8 21 , 8 8 8 24 2 1 Ae r i a l C a b l e 24 2 2 Un d e r g r o u n d C a b l e 37 , 6 6 2 37 , 6 6 2 24 2 3 Bu r i e d C a b l e 10 , 7 5 8 , 2 8 7 1, 5 7 6 , 0 8 2 (5 0 , 4 2 5 ) (3 2 , 6 9 4 ) 12 , 2 5 1 , 2 5 0 24 2 4 Su b m a r i n e C a b l e 24 2 6 In t r a b u i l d i n g N e t w o r k C a b l e 7, 3 5 9 7, 3 5 9 24 3 1 Ae r i a l W i r e 24 4 1 Co n d u i t S y s t e m s 11 3 , 8 6 0 11 3 , 8 6 0 26 8 1 Ca p i t a l L e a s e s 26 8 2 Le a s e h o l d I m p r o v e m e n t s 26 9 0 In t a n g i b l e s TO T A L P L A N T A C C O U N T S 19 , 3 6 6 , 9 5 8 2, 0 7 5 , 1 0 6 (9 9 6 , 7 2 3 ) 71 6 , 2 0 3 ~1 6 1 , 5 4 4 Re v 3/0 2 Pa g e 6 AN A L Y S I S O F T E L E C O M M U N I C A T I O N S P L A N T A C C O U N T S ID A H O O p e r a t i o n s O n l y Ba l a n c e Be g i n n i n g of Ye a r An a l y s i s o f T e l e c o m m u n i c a t i o n s P l a n t i n S e r v i c e 21 1 1 21 1 2 21 1 3 21 1 4 21 1 5 21 1 6 21 2 1 21 2 2 21 2 3 21 2 4 22 1 1 22 1 2 22 1 5 22 2 0 22 3 1 22 3 2 23 1 1 23 2 1 23 4 1 23 5 1 23 6 2 24 1 1 24 2 1 24 2 2 24 2 3 24 2 4 24 2 6 24 3 1 24 4 1 26 8 1 26 8 2 26 9 0 Re v 3/ 0 2 La n d Mo t o r V e h i c l e s Ai r c r a f t Sp e c i a l P u r p o s e V e h i c l e s Ga r a g e W o r k E q u i p m e n t Ot h e r W o r k E q u i p m e n t Bu i l d i n g s Fu r n i t u r e Of f c e E q u i p m e n t Ge n e r a l P u r p o s e C o m p u t e r s An a l o g E l e c t r o n i c S w i t c h i n g Di g i t a l E l e c t r o n i c S w i t c h i n g El e c t r o - M e c h a n i c a l S w i t c h i n g Op e r a t o r S y s t e m s Ra d i o S y s t e m s Ci r c u i t E q u i p m e n t St a t i o n A p p a r a t u s Cu s t o m e r P r e m i s e s W i r i n g La r g e P r i v a t e B r a n c h E x c h a n g e s Pu b l i c T e l e p h o n e T e r m i n a l E q u i p m e n t Ot h e r T e r m i n a l E q u i p m e n t Po l e s Ae r i a l C a b l e Un d e r g r o u n d C a b l e Bu r i e d C a b l e Su b m a r i n e C a b l e In t r a b u i l d i n g N e t w o r k C a b l e Ae r i a l W i r e Co n d u i t S y s t e m s Ca p i t a l L e a s e s Le a s e h o l d I m p r o v e m e n t s In t a n g i b l e s TO T A L P L A T A C C O U N T S Ad d i t i o n s Du r i n g Y e a r Pl a n t Re t i r e d or So l d SA M E A S T O T A L C O M P A N Y Pa g e 7 Tr a n s f e r s an d Ad j u s t m e n t s Ba l a n c e En d of Ye a r AN A L Y S I S O F E N T R I E S I N A C C U M U L A T E D D E P R E C I A T I O N Ac c o u n t 3 1 0 0 ~ TO T A L C o m p a n y B a s i s Ba l a n c e Cr e i t s Re t i r e m e n t s Ba l a n c e Be g i n n i n g De p r e c i a t i o n Du r i n g an d En d of Ye a r Ra t e * Ye a r Ad j u s t m e n t s of Ye a r An a l y s i s o f E n t r i e s i n A c c u m u l a t e d D e p r e c i a t i o n 21 1 2 M o t o r V e h i c l e s 58 7 , 5 2 1 25 . 0 0 % 59 , 1 5 0 64 6 , 6 7 1 21 1 3 A i r c r a f t 21 1 4 S p e c i a l P u r p o s e V e h i c l e s 21 1 5 G a r a g e W o r k E q u i p m e n t 21 1 6 O t h e r W o r k E q u i p m e n t 14 4 , 4 3 7 12 . 5 0 % 29 , 7 0 7 48 6 , 3 4 9 66 0 , 4 9 3 21 2 1 Bu i l d i n g s 1, 0 7 8 , 2 5 0 3. 0 0 % 67 , 6 4 4 1, 1 4 5 , 8 9 4 21 2 2 F u r n i t u r e 14 , 8 9 5 7, 3 5 6 22 , 2 5 1 21 2 3 O f f i c e E q u i p m e n t 34 , 3 2 0 1, 5 4 9 35 , 8 6 9 21 2 4 G e n e r a l P u r p o s e C o m p u t e r s 10 5 , 5 6 3 20 . 0 0 % (1 4 , 0 2 5 ) 91 , 5 3 8 22 1 1 An a l o g E l e c t r o n i c S w i t c h i n g 22 1 2 Di g i t a l E l e c t r o n i c S w i t c h i n g 1, 2 2 3 , 1 8 6 12 . 0 0 % 13 0 , 3 4 1 (2 8 0 , 9 4 4 ) 1, 0 7 2 , 5 8 3 22 1 5 E l e c t r o - M e c h a n i c a l S w i t c h i n g 22 2 0 O p e r a t o r S y s t e m s 22 3 1 Ra d i o S y s t e m s 1, 0 2 9 , 4 2 8 12 . 0 0 % (5 4 6 , 3 8 8 ) 48 3 , 0 4 0 22 3 2 C i r c u i t E q u i p m e n t 81 3 , 4 6 1 10 . 0 0 % 15 7 , 2 9 1 (6 7 , 8 8 0 ) 90 2 , 8 7 1 23 1 1 St a t i o n A p p a r a t u s 23 2 1 Cu s t o m e r P r e m i s e s W i r i n g 23 4 1 La r g e P r i v a t e B r a n c h E x c h a n g e s 23 5 1 Pu b l i c T e l e p h o n e T e r m i n a l E q u i p m e n t 1, 8 0 7 1, 8 0 7 23 6 2 O t h e r T e r m i n a l E q u i p m e n t 24 1 1 Po l e s 21 , 8 8 8 6. 5 0 % 21 , 8 8 8 24 2 1 Ae r i a l C a b l e - 6. 5 0 % 24 2 2 Un d e r g r o u n d C a b l e 37 , 6 6 2 6. 5 0 % 37 , 6 6 2 24 2 3 B u r i e d C a b l e 6, 1 8 6 , 4 7 8 6. 5 0 % 63 5 , 5 9 3 (5 0 , 4 2 5 ) 6, 7 7 1 , 6 4 7 24 2 4 S u b m a r i n e C a b l e - 24 2 6 I n t r a b u i l d i n g N e t w o r k C a b l e 1, 5 9 4 6. 5 0 % 47 8 2, 0 7 2 24 3 1 Ae r i a l Wi r e 24 4 1 Co n d u i t S y s t e m s 72 , 2 9 9 6. 5 0 % 7, 4 0 1 79 , 7 0 0 TO T A L 11 , 3 5 2 , 7 8 9 1, 0 3 7 , 3 6 0 (4 1 4 , 1 6 3 ) 11 , 9 7 5 , 9 8 6 *P l e a s e l i s t i n d i v i d u a l d e p r e c i a t i o n r a t e f o r e a c h a c c o u n t . Re v 3 / 0 2 Pa g e 8 AN A L Y S I S O F E N T R I E S I N A C C U M U L A T E D D E P R E C I A T I O N Ac c o u n t 3 1 0 0 ID A H O O p e r a t i o n s O n l y Ba l a n c e Be g i n n i n g of Ye a r An a l y s i s o f E n t r i e s I n A c c u m u l a t e d D e p r e c i a t i o n 21 1 2 M o t o r V e h i c l e s 21 1 3 A i r c r a f t 21 1 4 S p e c i a l P u r p o s e V e h i c l e s 21 1 5 G a r a g e W o r k E q u i p m e n t 21 1 6 O t h e r W o r k E q u i p m e n t 21 2 1 B u i l d i n g s 21 2 2 F u r n i t u r e 21 2 3 O f f c e E q u i p m e n t 21 2 4 G e n e r a l P u r p o s e C o m p u t e r s 22 1 1 A n a l o g E l e c t r o n i c S w i t c h i n g 22 1 2 D i g i t a l E l e c t r o n i c S w i t c h i n g 22 1 5 E l e c t r o - M e c h a n i c a l S w i t c h i n g 22 2 0 O p e r a t o r S y s t e m s 22 3 1 R a d i o S y s t e m s 22 3 2 C i r c u i t E q u i p m e n t 23 1 1 S t a t i o n A p p a r a t u s 23 2 1 C u s t o m e r P r e m i s e s W i r i n g 23 4 1 L a r g e P r i v a t e B r a n c h E x c h a n g e s 23 5 1 P u b l i c T e l e p h o n e T e r m i n a l E q u i p m e n t 23 6 2 O t h e r T e r m i n a l E q u i p m e n t 24 1 1 P o l e s 24 2 1 A e r i a l C a b l e 24 2 2 U n d e r g r o u n d C a b l e 24 2 3 B u r i e d C a b l e 24 2 4 S u b m a r i n e C a b l e 24 2 6 I n t r a b u i l d i n g N e t w o r k C a b l e 24 3 1 A e r i a l W i r e 24 4 1 C o n d u i t S y s t e m s TO T A L *P l e a s e l i s t i n d i v i d u a l d e p r e c i a t i o n r a t e f o r e a c h a c c o u n t . Re v 3 / 0 2 De p r e c i a t i o n Ra t e * Cr e d i t s Du r i n g Ye a r SA M E A S T O T A L C O M P A N Y Pa g e 9 Re t i r e m e n t s an d Ad j u s t m e n t s Ba l a n c e En d of Ye a r . ,INVESTMENTS Report below the investments in Accounts 1401, 1402 and 1406. Identify each investment as to the account in which included. Minor amounts in Account 1406 may be grouped by classes. Decription CTC Telecom, Inc. Cash value life insurance Coins Land Syringa Networks, LLC CoBank eguity Buried cable-leased to Syringa Networks, LLC NRTC Totls Date Acquired 1998 Various 2000-2008 1999-2004 2003-2008 Book Cost of Investments Disposed of This year RECEIVABLES Book Cost of Investments Held at End of Year 785,850 363,814 34,497 224,975 1,357,717 92,127 150,402 18,727 3,028,109 Itemize amounts show in Accounts 1180, 1190 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 Company Due from customers Interexchange carriers CTC Telecom, Inc. CTC Construction Other R. & B. Crocket, 8.0%, due 2018 Interest Receivable Totals Rev 3/02 Amount at End of YearNote Accounts Receivable Receivable 256,382 243,803 850,012 61,671 6,407 63,956 5,491 69,447 Page 10 1,418,274 .. , '. . For Notes Payable, list each note separately and include the maturity date and interest rate. Name of Creditor Wells Fargo unadvanced Totals Date of Not NOTES PAYABLE Interet Rate 5.00% ACCOUNTS PAYABLE Report below all Accunts Payable amounting to more than $100.00 Name of Creditor Bionomics Environmental Basin & Range Enteærises CESCO Computer Technology, Inc. Farmers Supply Coop Delta Dental of Idaho Frontier Communications' Great Basin Electronics Idaho State Tax Commissioner Idaho Power Company Idaho Optic Transport Ass Kiesling and Associates Lite Industries, Inc. Mid State Consultants Moss-Adams LLP Various other vendors National Rural Tele. Comm National Cable Television Wells Fargo Remittance Center Lite Industries, Inc. Totals Rev 3/02 Page 11 Due Date 9/17/2010 Face Amount 500,000 (75,000) 425,000 Amount 11,462 4,009 3,263 3,015 1,791 2,080 10,646 32,421 29,332 11,534 87,940 14,368 8,790 20,815 3,832 20,848 5,462 3,981 8,303 9,027 275,589 LO N G - T E R M D E B T Ac c o u n t s 4 2 1 0 , 4 2 4 , 4 2 5 0 , 4 2 6 0 , 4 2 7 0 a n d 4 3 1 0 Li s t t h e r e q u i r e d d a t a f o r e a c h o b l i g a t i o n i n c l u d e d i n t h e s e a c c o u n t s , g r o u p i n g t h e m b y a c c o u n t n u m b e r a n d s h o w i n g t o t a l s f o r e a c h a c c o u n t . If a n y o b l i g a t i o n s m a t u r e s e r i a l l y o r o t h e r w i s e a t v a r i o u s d a t e s , g i v e p a r t i c u l a r s i n a n o t e . Da t e Da t e Fa c t Pr e m i u m l D i s c o u n t Cl a s s & S e r i e s of of Am o u n t Ou t s t a n d i n g Ye a r In t e r e t f o r y e a r of O b l i a a t i o n Is s u e Ma t u r i Au t h o r i z e d Ye a r - E n d To t a l Am o r t i z e d Ra t e Am o u n t RU S N o t e s 19 7 7 20 1 2 97 5 , 0 0 0 11 6 , 7 7 8 5. 0 0 De t a i l RU S N o t e s va r i o u s va r i o u s 2, 9 3 2 , 0 0 0 67 0 , 6 6 7 2. 0 0 No t RU S N o t e s 19 8 5 20 5 0 81 8 , 3 7 9 52 5 , 5 5 9 5. 0 0 Av a i l a b l e RU S N o t e s 20 0 4 va r i o u s 11 , 8 3 9 , 4 8 8 9, 2 4 8 , 4 7 6 va r i o u s Le s s R U S p r e p a y m e n t ( 3 , 3 5 6 ) Le s s c u r r e n t m a t u r i t i e s (1 , 4 3 0 , 7 0 0 ) To t a l 9, 1 2 7 , 4 2 4 Re v 3 / 0 2 Pa g e 1 2 "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. Include number of shares, consideration received, premium or discount, and expenses incurred. Class & Series of Stok Common stock Rev 3/02 Number of Share Authorize 30,000 Par Value per Share $ 1.00 Page 13 Outtanding per Balance Shee Share Amunt 30,000 30,000 "INCOME & RETAINED EANINGS STATEMENT Item Total Company Idaho Only Total Operating Income (from page 15) Total Operating Expenses (from page 17) 7100 Other Operating Income and Expense 7210 Operating Investment Tax Credits-Net 7220 Operating Federal Income Taxes 7230 Operating State and Local Income Taxes 7240 Operating Other Taxes 7250 Provision for Deferred Operating Income Taxes-Net 7200 Operating Taxes (Total) 7310 Dividend Income 7320 Interest Income 7330 Income from Sinking and Other Funds 7340 Allowance for Funds Used During Construction 7350 Gains/Losses from the Disposition of Certin Propert 7360 Other Nonoperating Income 7370 Special Charges 7300 Nonoperating Income and Expense 7410 Nonoperating Investment Tax Credits-Net 7420 Nonoperating Federal Income Taxes 7430 Nonoperating State and Local Income Taxes 7440 Nonoperating Other Taxes 7450 Provision for Deferred Nonoperating Income Taxes-Net 7400 Nonoperating Taxes 7510 Interest on Funded Debt 7520 Interest Expense-Capital Leases 7530 Amortization of Debt Issuance Expense 7540 Other Interest Deductions 7500 Interest and Related Items 7610 Exraordinary Income Credits 7620 Extraordinary Income Charges 7630 Current Income Tax Effect of Extraordinary Items-Net 7640 Provision for Deferred Income Tax Effect of Extaordinary Items-Net 7600 Extraordinary Items 7910 Income Effect of Jurisdictional Ratemaking Differences-Net 7990 Nonregulated Net Income AMOUNT TRANSFERRED TO RETAINED EANINGS Rev 3/02 3,504,595 3,167,184 (4,162) 8,247 2,109 52,697 70,875 129,766 7,381 7,159 17,108 238,414 (2,675) 267,387 (8,247) (2,089) 53,561 43,225 435,494 439 16,786 452,719 218,306 197,394 Page 14 same_ total company . .. ,OPERATING RENUES Item Totl Company Idaho Only Locl Netork Services Revenues 5001 Basic Area Revenue 652,238 Same as 5002 Optional Extended Area Revenue total company 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 79,375 5069 Other Local Exchange Settlements 525,618 Netork Acce Services Revenues 5081 End User Revenue (SLC)195,937 5082 Switched Accss Revenue (Interstate)1,633,193 5083 Special Access Revenue 94,594 5084 State Access Revenue (Intrastate)312,515 Long Distance Network Services Revenues 5100 Long Distance Message Revenue - All Miscellaneous Revenues 5230 Directory Revenue 7,711 5240 Rent Revenue 2,100 5250 Corporate Operations Revenue 5261 Special Biling Arrangements Revenue 5262 Customer Operations Revenue 5263 Plant Operations Revenue 5264 Other Incidental Regulated Revenue 402 5269 Other Revenue Settlements 5270 Carrier Billng & Collection Revenue Uncollectible Revenues 5301 Uncollectible Revenue - Telecommunications (912) 5302 Uncollectible Revenue - Other TOTAL OPERATING REVENUES 3,504,595 Please identify the following revenues: NECA USF $_524,895 . To what account were they booked?5069.1 State USF $_167,380 . To what accunt were they booked?5084.52 Rev 3/02 Page 15 ""OPERATING REENUES Item Total Company Idaho Only Plant Specifc Operations Expense 6110 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 Artorks Expense 6123 Office Equipment Expense 6124 General Purpose Computers Expense 6210 Central Offce Switching Expenses 6211 Analog Electronic Expense 6212 Digital Electronic Expense 6215 Electro-Mechanical Expense 6220 Operators System Expense 6230 Central Offce Transmission Expenses 6231 Radio Systems Expense 6232 Circuit Equipment Expense 6310 Information OriginationlTermination 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 Intrabuilding Network Cable Expense 6431 Aerial Wire Expense 6441 Conduit Systems Expense Same as total company12,494 64,823 1,974 95,581 185,833 527,646 78,703 189,075 TOTAL PLAT SPECIFIC OPERATIONS EXPENSE 1,156,129 Rev 3/02 Page 16 Item OPERATING REVNUES" Total Company Idaho Only Plant Nonspecmc Operations Expense 6510 Other Propert/PlanUEquipment Expenses 6511 Propert 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-Propert Held for Future Use 6563 Amortization Expense - Tangible 6564 Amortization Expense - Intangible 6565 Amortization Expense - Other Total Plant Nonspecific Operations Expenses Customer Operations Expense 6610 Marketing 6611 Product Management 6612 Sales 6613 Product Advertising 6620 Services 6621 Call Completion Services 6622 Number Services 6623 Customer Services Total Customer Operations Expense Corprate Operations Expense 6710 Executive and Planning 6711 Executive 6712 Planning 6720 General and Administrative 6721 Accounting and Finance 6722 External Relations 6723 Human Resources 6724 Information Management 6725 Legal 6726 Procurement 6727 Research and Development 6728 Other General and Administrative 6790 Provision for Uncollectible Notes Receivable Total Corprate Operations Exnse TOTAL OPERATING EXPENSES Rev 3/02 3,969 21 11,042 38,882 1,037,360 1,091,274 14,346 12,080 221,139 247,565 305,272 218,048 4,311 144,585 672,216 3,167,184 Page 17 Same as total company CE N T R A L O F F I C E D A T A as o f D e c e m b e r 3 1 , 2 0 0 8 ( u n l e s o t h e r w i s e i n d i c a t e d ) Na m e o f C e n t r a l O f f i c e : , C a m b r i d g e Pr e f i x ( e s ) : 2 5 7 ,. Ce n t r a l O f f i c e S w i t c h Ty p e : _ T a q u a T 7 0 0 0 Ch e c k a l l t h a t a p p l y : St a n d A l o n e _ Ho s t l Re m o t e _ Ch e c k on e : Di g i t a l l An a l o g _ Ac c e s L i n e C a p a c i t y De s i g n : 1 5 3 6 In s t a l l e d / E q u i p p e d : 7 6 8 Cl a s s i f i c a t i o n o f C u s t o m e r A c c e s Mu l t i - Li n e 1- P a r t Re s i d e n c e Si n g l e L i n e Mu l t i - 1- P a r t P a r t y 39 5 86 10 4 37 7 Be g i n n i n g o f Y e a r Ne w C o n n e c t s Di s c o n n e c t s En d o f Ye a r Fo r e i g n E x c h a n g e : Di a l T o n e f r o m t h i s C . O . : - - Di a l T o n e f r o m a n o t h e r C . O . : 0 Cu s t o m C a l l i n g : Nu m b e r o f c u s t o m e r s w i t h a t l e a s t o n e f e a t u r e : _ 2 0 8 _ To t a l n u m b e r o f f e a t u r e s s u b s c r i b e d t o : _ 2 8 _ Re v 3/ 0 2 Ch e c k on e : El e c t r o n i c l El e c t r o - M e c h a n i c a l _ Ot h e r : Ac c e s L i n e s I n U s e Cu s t o m e r L i n e s : (I n c l u d e C e n t r e x , P A L , S e m i - P u b . ) Pu b l i c T e l e p h o n e L i n e s _ Co m p a n y O f f i c i a l L i n e s _ Co m p a n y T e s t ' L i n e s - L Bu s i n e s s Mu l t i - Si n g l e L i n e To t a l Su b t o t a l Ce n t r e x Li n e Mu l t i - Su b t o t a l Re s i d e n c e Re s i d e n c e N. A R . 1- P a r t 1- P a r t Pa r t Bu s i n e s s & B u s i n e s s 39 5 98 98 49 3 86 7 7 93 10 4 8 8 11 2 37 7 97 97 47 4 Di r e c t o r y L i s t i n g s : Nu m b e r o f C u s t o m e r s w i t h N o n p u b l i s h e d o r N o n l i s t e d : _ 1 2 4 _ Pa g e 1 8 Na m e o f C e n t r a l O f f c e : C o u n c i l Pr e f i x ( e s ) : CE N T R A L O F F I C E D A T A as o f D e c e m b e r 3 1 , 2 0 0 8 ( u n l e s o t h e r w i s e i n d i c t e d ) #..r 25 3 Ce n t r a l O f f i c e S w i t c h Ch e c k a l l t h a t a p p l y : St a n d A l o n e _ Ho s t _ Re m o t e _ X Ac c e s L i n e C a p a c i t y De s i g n : - - 2 0 0 In s t a l l e d / E q u i p p e d : 1 2 0 0 Cl a s s i f i c a t i o n o f C u s t o m e r A c c e s s Mu l t i - Li n e 1- P a r t Be g i n n i n g o f Y e a r Ne w C o n n e c t s Di s c o n n e c t s En d o f Ye a r Fo r e i g n E x c h a n g e : Di a l T o n e f r o m t h i s C . O . : ~ Di a l T o n e f r o m a n o t h e r C . O . : 0 Ty p e : _ C a l i x C 7 An a l o g _ Ch e c k on e : Di g i t a L 2 L An a l o g _ Re s i d e n c e Si n g l e L i n e Mu l t i - 1- P a r t y P a r t 77 7 16 7 19 7 74 7 Cu s t o m C a l l n g : Nu m b e r o f c u s t o m e r s w i t h a t l e a s t o n e f e a t u r e : 5 8 7 To t a l n u m b e r o f f e a t u r e s s u b s c r i b e d t o : . . Re v 3 / 0 2 Ch e c k on e : El e c t r o n i c . . El e c t r o - M e c h a n i c a l _ Ot h e r : Ac c e s L i n e s I n U s e Cu s t o m e r L i n e s : (I n c l u d e C e n t r e x , P A L , S e m i - P u b . ) Pu b l i c T e l e p h o n e L i n e s _ Co m p a n y O f f c i a l L i n e s - - Co m p a n y T e s t L i n e s - L Bu s i n e s s Mu l t i - Si n g l e L i n e To t a l Su b t o t a l Ce n t r e x Li n e Mu l t i - Su b t o t a l Re s i d e n c e Re s i d e n c e N. A R . 1- P a r t 1- P a r t Pa r t Bu s i n e s s & B u s i n e s s 77 7 21 5 21 5 99 2 16 7 16 16 18 3 19 7 29 29 22 6 74 7 20 2 20 2 94 9 Di r e c t o r y L i s t i n g s : Nu m b e r o f C u s t o m e r s w i t h N o n p u b l i s h e d o r N o n l i s t e d : - l Pa g e 1 8 Na m e o f C e n t r a l O f f i c e : I n d i a n V a l l e y Pr e f i x ( e s ) : 2 5 6 Ce n t r a l O f f c e S w i t c h Ch e c k a l l t h a t a p p l y : St a n d A l o n e _ Ho s t _ Re m o t e L Ac c e s L i n e C a p a c i t De s i g n : 1 2 0 0 In s t a l l e d / E q u i p p e d : 2 8 8 Cl a s s i f i c a t i o n o f C u s t o m e r A c c e s Mu l t i - Li n e 1- P a r t Be g i n n i n g o f Y e a r Ne w C o n n e c t s Di s c o n n e c t s En d o f Ye a r Fo r e i g n E x c h a n g e : Di a l T o n e f r o m t h i s C . O . : . - Di a l T o n e f r o m a n o t h e r C . O . : 0 CE N T R A L O F F I C E D A T A as o f D e c e m b e r 3 1 , 2 0 0 8 ( u n l e s o t h e r w i s e i n d i c a t e d ) Re s i d e n c e Si n g l e L i n e Mu l t i - 1- P a r t P a r t y 15 7 23 29 15 1 Ty p e : Ch e c k on e : Di g i t a l L An a l o g _ (C a l i x C 7 Cu s t o m C a l l n g : Nu m b e r o f c u s t o m e r s w i t h a t l e a s t o n e f e a t u r e : _ 6 3 _ To t a l n u m b e r o f f e a t u r e s s u b s c r i b e d t o : _ 1 2 _ Re v 31 0 2 Ch e c k on e : El e c t r o n i c L El e c t r o - M e c h a n i c a l _ Ot h e r : C a l i x d i o i t a l s u b s c r i b e r c a r r i e r ( 3 0 3 i n t e r f a c e t o C o u n c i l Ac c L i n e s i n U s e Cu s t o m e r L i n e s : (I n c l u d e C e n t r e x , P A L , S e m i - P u b . ) Pu b l i c T e l e p h o n e L i n e s - L Co m p a n y O f f i c i a l L i n e s - . Co m p a n y T e s t L i n e s - L Bu s i n e s s Mu l t i - Si n g l e L i n e To t a l Su b t o t a l Ce n t r e x Li n e Mu l t i - Su b t o t a l Re s i d e n c e Re s i d e n c e N. A R . 1- P a r t 1- P a r t Pa r t Bu s i n e s s & B u s i n e s s 15 7 14 14 17 1 23 0 0 23 29 1 1 30 15 1 13 13 16 4 Di r e c t o r y L i s t i n g s : Nu m b e r o f C u s t o m e r s w i t h N o n p u b l i s h e d o r N o n l i s t e d : _ 1 7 _ Pa g e 1 8 CE N T R A L O F F I C E D A T A as o f D e c e m b e r 3 1 , 2 0 0 8 ( u n l e s o t h e r w i s e I n d i c a t e d ) Na m e o f C e n t r a l O f f i c e : L o w m a n Pr e f i x ( e s ) : 2 5 9 Ce n t r a l O f f i c e S w i t c h Ch e c k a l l t h a t a p p l y : St a n d A l o n e _ X Ho s t _ Re m o t e _ Ac c e s L i n e C a p a c i t y De s i g n : _ 1 0 8 0 Ty p e : Ta g u a T 7 0 0 0 Ch e c k on e : Di g i t a l l An a l o g _ In s t a l l e d / E q u i p p e d : 4 5 0 Cl a s s i f i c a t i o n o f C u s t o m e r A c c e Be g i n n i n g o f Y e a r Ne w C o n n e c t s Di s c o n n e c t s En d o f Ye a r Mu l t i - Li n e 1- P a r t y Fo r e i g n E x c h a n g e : Di a l T o n e f r o m t h i s C . O . : - - Di a l T o n e f r o m a n o t h e r C . O . : 0 Re s i d e n c e Si n g l e L i n e Mu l t i - 1- P a r t P a r t y 23 3 84 93 22 4 Cu s t o m C a l l n g : Nu m b e r o f c u s t o m e r s w i t h a t l e a s t o n e f e a t u r e : _ 7 3 To t a l n u m b e r o f f e a t u r e s s u b s c r i b e d t o : _ 2 0 _ Re v 3/ 0 2 Ch e c k on e : El e c t r o n i c l El e c t r o - M e c h a n i c a l _ Ot h e r : Ac c e s L i n e s I n U s e Cu s t o m e r L i n e s : (I n c l u d e C e n t r e x , P A L , S e m i - P u b . ) Pu b l i c T e l e p h o n e L i n e s _ Co m p a n y O f f c i a l L i n e s ~ Co m p a n y T e s t L i n e s ~ Bu s i n e s Mu l t i - Si n g l e L i n e To t a l Su b t o t a l Ce n t r e x Li n e Mu l t i - Su b t o t a l Re s i d e n c e Re s i d e n c e N. A R . 1- P a r t 1- P a r t Pa r t Bu s i n e s s & B u s i n e s s 23 3 32 32 26 5 84 5 5 89 93 3 3 96 22 4 34 34 25 8 Di r e c t o r y l i s t i n g s : Nu m b e r o f C u s t o m e r s w i t h N o n p u b l i s h e d o r N o n l i s t e d : _ 5 2 _ Pa g e 1 8 CE N T R A L O F F I C E D A T A as o f D e c e m b e r 3 1 , 2 0 0 8 ( u n l e s s o t h e r w i s e i n d i c a t e d ) Na m e o f C e n t r a l O f f i c e : C u p r u m Pr e f i x ( e s ) : . 25 3 " Ce n t r a l O f f i c e S w i t c h Ty p e : _ C a l i x C 7 Ch e c k a l l t h a t a p p l y : St a n d A l o n e _ Ho s t _ Re m o t e . l Ch e c k o n e : Di g i t a l . l An a l o g _ Ac c e s s L i n e C a p a c i t y De s i g n : 9 6 In s t a l l e d / E q u i p p e d : 9 6 Cl a s s i f i c a t i o n o f C u s t o m e r A c c e s s Mu l t i - Li n e 1- P a r t y Re s i d e n c e Si n g l e L i n e Mu l t i - 1- P a r t y P a r t y 52 21 25 48 Be g i n n i n g o f Y e a r Ne w C o n n e c t s Di s c o n n e c t s En d o f Ye a r Fo r e i g n E x c h a n g e : Di a l T o n e f r o m t h i s C . O . : - - Di a l T o n e f r o m a n o t h e r C . O . : 0 Cu s t o m C a l l n g : Nu m b e r o f c u s t o m e r s w i t h a t l e a s t o n e f e a t u r e : _ 1 1 To t a l n u m b e r o f f e a t u r e s s u b s c r i b e d t o : _ 7 _ Re v 3 / 0 2 Ch e c k on e : El e c t r o n i c . l El e c t r o - M e c h a n i c a l _ Ot h e r : Ac c e s s L i n e s i n U s e Cu s t o m e r L i n e s : (I n c l u d e C e n t r e x , P A L , S e m i - P u b . ) Pu b l i c T e l e p h o n e L i n e s - - Co m p a n y O f f c i a l L i n e s - L Co m p a n y T e s t L i n e s - L Bu s i n e s s Mu l t i - Si n g l e L i n e To t a l Su b t o t a l Ce n t r e x Li n e Mu l t i - Su b t o t a l Re s i d e n c e Re s i d e n c e NA R . 1- P a r t 1- P a r t y Pa r t y Bu s i n e s s & B u s i n e s s 52 1 1 53 21 0 0 21 -25 0 0 25 48 1 1 49 Di r e c t o r y L i s t i n g s : Nu m b e r o f C u s t o m e r s w i t h N o n p u b l i s h e d o r N o n l i s t e d : _ 4 _ Pa g e 1 8 Lo c a l E x c h a n g e 1 25 3 2 25 6 3 25 7 4 25 8 5 25 9 6,1,8,9_10 , 11 12 , 13 , 14 , 15 , 16 , 17 , 18 Re v 3 / 0 2 NU M B E R O F C A L L S C O M P L E T E D B Y C U S T O M E R S D U R I N G ( Y e a r ) 2 0 0 7 . Av e r a g e # Lo c a l C a l l s To l l C a l l s O r i g i n a t e d ( T o t a l o f a l l C a r r i e r s ) of Cu s t o m e r Nu m b e r Av g . l Av g . l Li n e s i n U s e (1 0 0 0 s ) Li n e In t r a s t a t e In t e r s t a t e To t a l Un e 94 1 22 , 1 2 1 42 3 , 3 4 2 44 5 , 4 6 3 47 3 16 4 27 , 0 5 2 61 , 9 1 8 ~9 7 0 54 3 47 4 86 , 3 6 7 19 6 , 3 8 5 28 2 , 7 5 2 59 7 50 6, 8 0 6 14 , 0 6 6 ~8 7 2 41 7 25 8 17 , 2 9 6 76 , 9 9 3 94 , 2 8 9 36 5 Pa g e 1 9 ~ ii ", J!.,.ANNUAL REPORT FOR SMALL TELEPHONE COMPANIES YEAR ENDED DECEMBER 31,2007. 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 Idaho Telephone Solicitation Act Notification Method of Notification: Mailed separately to customers Yes-- No_ Included in directory Yes_ No-- Date of notification 4/1/08 Alternate method of notification N/A Rule IDAPA 31.41.01.403.02 Record of Complaints: Number received by Company 25 Category of complaints (if known): Deposit Disputes Charges on Bil 10 DeniallTermination Quality or Availabilty of Service Carrier Selection/Assignment Miscellaneous 15 Rev 3/02 Page 20 ,. ,¡. .. '.; -! J,...., CERTIFICATE State of Idaho ) ) ssCounty of Washington ) WE, the undersigned RICHARD WIGGINS and of the CAMBRIDGE TELEPHONE COMPANY, INC.utility, 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. j2.c LJ. · · :F (Chief Offi!efy j2~~ lA.." ~a (Officer in Charge of Ár1(lnts) Subscribed and Sworn to Before Me this ), &' day of April ~'jZ(iU4Notary Pub' ,(Year) 2010 . .. - ~ .- .-- - - - - My Commission expires ~ ;;, (Year) .)0 I te . j j ~ DANA LYNNE MUNDEN Notary Public State of Idaho ~ ~ -- --.. Rev 3/02 gdklexcel/jnelson/anulrpts/telannualrpt Page 21