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HomeMy WebLinkAbout2022Annual Report.pdfANNUAL REPORT FOR THE OF YEAR ENDED:   2022 ADDRESS IDAHO PUBLIC UTILITIES COMMISSION FREMONT TELCOM CO. 1221 N. RUSSELL ST. MISSOULA, MT 59808 NAME TO THE I:\Regulatory Reporting\IDAHO\ID PUC ANNUAL REPORT\2022\Fremont ANNUAL REPORT FORM FOR SM TELS 2022 4/17/2023 Cover RECEIVED 2023 April 18, 8:00AM IDAHO PUBLIC UTILITIES COMMISSION FRE-T ANNUAL REPORT OF SMALL TELEPHONE COMPANIES T THE IDAHO PUBLIC UTILITIES COMMISSION FOR THE YEAR ENDING December 31, 202 COMPANY INFORMATION Exact name of utility: Fremont Telcom Co. Address of principal office: 1221 N Russell St, Missoula, MT 59808 Telephone Number 406-541-5000 Cities or towns served: Saint Anthony, Ashton, Teton, and Island Park, ID Name and title of officer having custody of the general corporate books of account: Marilee Klaudt, Exec. Admin./Paralegal Address of office where corporate books are kept and phone number: 406-541-5111 1221 N Russell St., Missoula, MT 59808 Organized under the laws of the State of: Idaho Date of organization: March 9, 1994 Form of organization (proprietorship, association, corporation): Corporation If a Subchapter S Corporation, please specify: Name and address of controlling company, if any: Names of affiliated companies. Give address and description of business: Blackfoot Telephone Cooperative, Inc. BTC Holdings, Blackfoot Communications, Inc., TeleSphere Software, Inc., collectively doing business as Blackfoot Communications. OFFICERS Report below the title, name and office address of each general officer 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 Name Address Chief Executive Officer Jason Williams 1221 N. Russell St., Missoula, MT 59808 Chief Financial Officer Stacey Mueller 1221 N. Russell St., Missoula, MT 59808 Vice President - HR & Community Relations Laura Marshall 1221 N. Russell St., Missoula, MT 59808 Vice President - Network & Systems Joe Fanguy 1221 N. Russell St., Missoula, MT 59808 Rev 3/02 Page 1 I:\Regulatory Reporting\IDAHO\ID PUC ANNUAL REPORT\2022\Fremont ANNUAL REPORT FORM FOR SM TELS 2022 4/17/2023 Comp Info DIRECTORS List the name of each person who was a member of the Board of Directors at any given time during the year: (Fees related to meetings only.) Term Expired or Current Term Meetings Attended Fees Paid Will Expire This year During Year Name Address Tom Eggensperger, President PO Box 219, Thompson Falls, MT 59873 4/30/2023 12 27,790.74 Geoffrey Wilson, Vice President 2704 Southside Road, Superior, MT 59872 4/30/2023 12 18,697.35 Cindy Lewis, Secretary/Treasurer PO Box 529, Seeley Lake, MT 59868 4/30/2023 12 22,044.97 Jim Blush PO Box 158, St. Ignatius, MT 59865 4/30/2023 12 17,362.30 Ross Friede PO Box 184, Hall, MT 59837 4/30/2023 12 16,886.07 Les Iverson 31580 Potomac Rd., Potomac, MT 59823 4/30/2023 12 21,303.56 Stuart Morton PO Box 396, St. Ignatius, MT 59865 4/30/2023 12 23,579.19 Jim Newberg 1971 South Couture Loop, Arlee, MT 59821 4/30/2023 12 15,750.00 John Teague 8945 Teague Ranch Rd., Clinton, MT 59825 4/30/2023 12 22,294.00 Name of Chairman of the Board: President - Tom Eggensperger Name of Secretary (or Clerk) of Board: Secretary - Cindy Lewis Number of Meetings of the Board during the year: 12 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 Wages and Bonuses Pa N/A Rev 3/02 Page 2 I:\Regulatory Reporting\IDAHO\ID PUC ANNUAL REPORT\2022\Fremont ANNUAL REPORT FORM FOR SM TELS 2022 4/17/2023 Directors NOTES TO THE FINANCIAL STATEMENT 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. None Rev 3/02 Page 3 I:\Regulatory Reporting\IDAHO\ID PUC ANNUAL REPORT\2022\Fremont ANNUAL REPORT FORM FOR SM TELS 2022 4/17/2023 Notes to Fin BALANCE SHEET Assets and Other Debits Balance Balance Increase Beginning at End or Title of Account of Year 2022 of Year 2022 (Decrease) Current Assets 1120 Cash and Equivalents 21,959 235,482 213,523 1130 Cash 1140 Special Cash Deposits 1150 Working Cash Advances 1160 Temporary Investments 1180 Telecommunications Accts. Receivable 45,670 168,200 122,530 1181 Accts. Rec. Allow. -Telecommunications 1190 Other Accounts Receivable 167,968 47,254 (120,714) 1191 Accounts Receivable Allow. - Other 1200 Notes Receivable 1201 Notes Receivable Allowance 1210 Interest & Dividends Receivable 1220 Material and Supplies 1,091,967 1,932,765 840,798 1280 Prepayments 1290 Prepaid Rents 32,338 37,329 4,991 1300 Prepaid Taxes 1310 Prepaid Insurance 1320 Prepaid Directory Expenses 1330 Other Prepayments 1350 Other Current Assets 1,221,697 1,896,546 674,849 Noncurrent Assets 1401 Investment in Affiliated Companies 1402 Investment in Nonaffiliated Companies 40,341 37,578 (2,763) 1406 Nonregulated Investments 1407 Unamortized Debt Issuance Expense 1408 Sinking Funds 1410 Other Noncurrent Assets - 1438 Deferred Maintenance & Retirements 1439 Deferred Charges 45,797 17,023 (28,774) 1500 Other Jurisdiction Assets - Net Property, Plant and Equipmen 2001 Telecommunications Plants in Service 50,136,626 56,160,701 6,024,075 2002 Prop. Held for Future Telecom. Use 2003 Telecom. Plant under Constr. - Short Term 1,859,756 1,620,006 (239,750) 2004 Telecom. Plant under Constr. - Long Term 2005 Telecom. Plant Adjustment 2006 Nonoperating Plant 2007 Goodwill 384,975 384,975 - Depreciation and Amortization Account 3100 Accumulated Depreciated (32,014,278) (32,056,773) (42,495) 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 (2,169,254) (2,203,464) (34,210) 3600 Accumulated Amortization - Other TOTAL ASSETS 20,865,562 28,277,622 7,412,060 Rev 3/02 Page 4 I:\Regulatory Reporting\IDAHO\ID PUC ANNUAL REPORT\2022\Fremont ANNUAL REPORT FORM FOR SM TELS 2022 4/17/2023 Bal Sheet Balance Balance Increase Beginning at End o Title of Account of Year 2022 of Year 2022 (Decrease) Current Liabilities 4010 Accounts Payable 99,807 393,381 293,574 4020 Notes Payable 3,900,000 9,400,000 4030 Advance Billings and Payments 8,290 10,137 4040 Customer Deposits 4050 Current Maturities - Long -Term Debt 34,023 34,023 - 4060 Current Maturities - Capital leases 4070 Income Taxes - Accrued 4080 Other Taxes - Accrued 15,398 14,592 (806) 4100 Net Current Defer. Oper. Income Taxes 4110 Net Current Defer. Nonoper. Income Taxes 4120 Other Accrued Liabilities 460 44,899 4130 Other Current Liabilities Long-Term Debt 4210 Funded Debt 196,642 161,406 (35,236) 4220 Premium on Long-Term Debt 4230 Discount on Long-Term Debt 4240 Reacquired Debt 4250 Obligations Under Capital Leases 4260 Advances from Affiliated Companies 4270 Othe erm Debt Other Liabilities & Deferred Credits 4310 Other Long-Term Liabilities - 4320 Unamort. Oper. Invest. Tax Credits - Net 4330 Unamort. Nonoper. Invest. Tax Credits - Net 4340 Net Noncurrent Defer. Oper. Income Taxes 2,381,502 3,299,270 917,768 4350 Net Noncur. Defer. Nonoper. Income Taxes 4360 Other Deferred Credits - 4370 Other Juris. Liab. & Def. Credits - Net Stockholders' Equity 4510 Capital Stock 5,016,399 5,016,399 - 4520 Additional Paid-In Capital 5,822,588 5,822,588 - 4530 Treasury Stock 4540 Other Capital 4550 Retained Earnings 3,390,453 4,080,927 690,474 TOTAL LIAB. & OTHER CREDITS 20,865,562 28,277,622 7,412,060 Rev 3/02 Page 5 BALANCE SHEE Liabilities & Stockholders' Equity I:\Regulatory Reporting\IDAHO\ID PUC ANNUAL REPORT\2022\Fremont ANNUAL REPORT FORM FOR SM TELS 2022 4/17/2023 Liab Balance Plant Transfers Balance Beginning Additions Retired and End of Year 2022 During year or Sold Adjustments of Year 2021 Analysis of Telecommunications Plant in Service 2111 Land 68,787 68,787 2112 Motor Vehicles 678,440 (33,797) 644,643 2113 Aircraft - - 2114 Special Purpose Vehicles - - 2115 Garage Work Equipment - - 2116 Other Work Equipment 320,103 (92,384) 227,719 2121 Buildings 1,355,413 109,957 (17,500) 1,447,870 2122 Furniture 23,713 23,713 2123 Office Equipment 14,325 14,325 2124 General Purpose Computers 149,499 149,499 2124 Computer Software 3,800 (3,800) (0) 2211 Analog Electronic Switching - - 2212 Digital Electronic Switching 1,195,682 1,195,682 2212 Digital Switching Software 34,867 34,867 2220 Operator Systems - - 2231 Radio Systems 336,200 336,200 2232 Circuit Equipment 10,257,479 228,135 (471,833) 10,013,782 2311 Station Apparatus 26,124 26,124 2321 Customer Premises Wiring - - 2341 Large Private Branch Exchanges - - 2351 Public Telephone Terminal Equipment 47,676 47,676 2362 Other Terminal Equipment - - 2411 Poles 134,428 134,428 2421 Aerial Cable 341,827 341,827 2422 Underground Cable 2,516,672 2,516,672 2423 Buried Cable 25,720,435 7,282,926 (437,702) 32,565,659 2424 Submarine Cable - - 2426 Intrabuilding Network Cable - - 2431 Aerial Wire 2,570 2,570 2441 Conduit Systems 540,253 540,253 2681 Capital Leases - - 2682 Leasehold Improvements - - 2690 Intangibles (includes Goodwill) 2,358,775 2,358,775 TOTAL PLANT ACCOUNTS 46,127,068 7,621,019 (1,057,015) - 52,691,072 Rev 3/02 Page 6 ANALYSIS OF TELECOMMUNICATIONS PLANT IN SERVICE TOTAL Company Basis I:\Regulatory Reporting\IDAHO\ID PUC ANNUAL REPORT\2022\Fremont ANNUAL REPORT FORM FOR SM TELS 2022 4/17/2023 Plant in Serv ANALYSIS OF TELECOMMUNICATIONS PLANT ACCOUNTS IDAHO Operations Only Balance Plant Transfers Balance Beginning Additions Retired and End of Year During Year or Sold Adjustments of January Analysis of Telecommunications Plant in Service 2111 Land Same as Total Company 2112 Motor Vehicles 2113 Aircraft 2114 Special Purpose Vehicles 2115 Garage Work Equipment 2116 Other Work Equipment 2121 Buildings 2122 Furniture 2123 Office Equipment 2124 General Purpose Computers 2211 Analog Electronic Switching 2212 Digital Electronic Switching 2215 Electro-Mechanical Switching 2220 Operator Systems 2231 Radio Systems 2232 Circuit Equipment 2311 Station Apparatus 2321 Customer Premises Wiring 2341 Large Private Branch Exchanges 2351 Public Telephone Terminal Equipment 2362 Other Terminal Equipment 2411 Poles 2421 Aerial Cable 2422 Underground Cable 2423 Buried Cable 2424 Submarine Cable 2426 Intrabuilding Network Cable 2431 Aerial Wire 2441 Conduit Systems 2681 Capital Leases 2682 Leasehold Improvements 2690 Intangibles TOTAL PLANT ACCOUNTS Rev 3/02 Page 7 I:\Regulatory Reporting\IDAHO\ID PUC ANNUAL REPORT\2022\Fremont ANNUAL REPORT FORM FOR SM TELS 2022 4/17/2023 Plant Anal ANALYSIS OF ENTRIES IN ACCUMULATED DEPRECIATIO Account 310 TOTAL Company Basi Balance Credits Retirements Balance Beginning Depreciation During and End of Year 2020 Rate* Yea Adjustment of Year 2020 Analysis of Entries in Accumulated Depreciatio 2112 Motor Vehicles 546,486 14.29% 18,420 (33,797) 531,109 2113 Aircraft 2114 Special Purpose Vehicles 2115 Garage Work Equipment 2116 Other Work Equipment 284,148 8.33% 6,097 (92,384) 197,862 2121 Buildings 1,039,511 10.00% 32,815 (17,500) 1,054,826 2122 Furniture 2123 Office Equipment 20,485 12.50% 3,230 23,715 2124 General Purpose Computers 247,074 8.33% 247,074 2124 Computer Software 3,800 14.29% (3,800) - 2211 Analog Electronic Switching 2212 Digital Electronic Switching 2215 Electro-Mechanical Switching 2220 Operator Systems 2231 Radio Systems 2232 Circuit Equipment 10,204,001 8.33% 365,361 (438,143) 10,131,220 2311 Station Apparatus 2321 Customer Premises Wiring 2341 Large Private Branch Exchanges 2351 Public Telephone Terminal Equipment 2362 Other Terminal Equipment 2411 Poles 2421 Aerial Cable 2421 Aerial Fiber 2422 Underground Cable 2422 Underground Fiber 2423 Buried Cable 19,672,572 14.29% 597,188 (398,793) 19,870,967 2423 Buried Fiber 2423 Buried Cable - Line Extensions 2431 Aerial Wire 2441 Conduit Systems 2504 Customer List Amortization 1,973,800 14.29% 1,973,800 2505 Goodwill 191,654 20.00% 38,010 229,664 2721 Internet Equipment TOTA 34,183,531 1,061,122 (984,417) 34,260,236 *Please list individual depreciation rate for each account. Rev 3/02 Page 8 I:\Regulatory Reporting\IDAHO\ID PUC ANNUAL REPORT\2022\Fremont ANNUAL REPORT FORM FOR SM TELS 2022 4/17/2023 Accum Depr ANALYSIS OF ENTRIES IN ACCUMULATED DEPRECIATIO Account 310 IDAHO O erations Onl Balance Credits Retirements Balance Beginning Depreciation During and End of Yea Rate* Yea Adjustment of Januar Analysis of Entries in Accumulated Depreciatio 2112 Motor Vehicles Same as Total Compan ____________________________________ 2113 ircraft ______________________________________________ 2114 Special Purpose Vehicle ______________________________________________ 2115 Garage Work Equipment ______________________________________________ 2116 Other Work Equipment ______________________________________________ 2121 Buildings ______________________________________________ 2122 Furniture ______________________________________________ 2123 Office Equipmen ______________________________________________ 2124 General Purpose Computer ______________________________________________ 2211 nalog Electronic Switching ______________________________________________ 2212 Digital Electronic Switching ______________________________________________ 2215 Electro-Mechanical Switching ______________________________________________ 2220 Operator Systems ______________________________________________ 2231 Radio System ____________________________________ 2232 Circuit Equipmen ______________________________________________ 2311 Station Apparatus ______________________________________________ 2321 Customer Premises Wiring ______________________________________________ 2341 Large Private Branch Exchange ______________________________________________ 2351 Public Telephone Terminal Equipmen ______________________________________________ 2362 Other Terminal Equipmen ______________________________________________ 2411 Poles ______________________________________________ 2421 erial Cable ______________________________________________ 2422 Underground Cabl ______________________________________________ 2423 Buried Cable ______________________________________________ 2424 Submarine Cabl ______________________________________________ 2426 Intrabuilding Network Cable ______________________________________________ 2431 erial Wire ______________________________________________ 2441 Conduit System ______________________________________________ 2721 Internet Equipmen ______________________________________________ TOTA _______________________________________________ *Please list individual depreciation rate for each account Rev 3/02 Page 9 I:\Regulatory Reporting\IDAHO\ID PUC ANNUAL REPORT\2022\Fremont ANNUAL REPORT FORM FOR SM TELS 2022 4/17/2023 Page 9 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. Book Cost o Book Cost o Investments Investments Disposed o Held at Description Date Acquired This yea End of Januar Capital Credits Various 0 37,578 _________________________ _____________ _________________ __________________ _________________________ _____________ _________________ __________________ _________________________ _____________ _________________ __________________ _________________________ _____________ _________________ __________________ _________________________ _____________ _________________ __________________ _________________________ _____________ _________________ __________________ _________________________ _____________ _________________ __________________ Totals _____________ _________________ 37,578 RECEIVABLE 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. Amount at End of yea Notes Accounts Name of Compan Receivable Receivable Customers _________________ 50,485 _________________ 164,969 _________________ Totals 215,454 Rev 3/02 Page 10 USAC I:\Regulatory Reporting\IDAHO\ID PUC ANNUAL REPORT\2022\Fremont ANNUAL REPORT FORM FOR SM TELS 2022 4/17/2023 Invest - Receivable NOTES PAYABL For Notes Payable, list each note separately and include the maturity date and interest rate. Interest Name of Creditor Date of Note Rate Due Date Face Amoun Idahome Farms 1/26/2017 3.50% 12/31/2026 161,406$ _______________________ _______________________ ___________ ____________ ___________ _____________ _______________________ ___________ ____________ ___________ _____________ _______________________ ___________ ____________ ___________ _____________ _______________________ ___________ ____________ ___________ _____________ _______________________ ___________ ____________ ___________ _____________ _______________________ ___________ ____________ ___________ _____________ Totals ___________ ____________ ___________ _____________ ACCOUNTS PAYABL Report below all Accounts Payable amounting to more than $100.00 Name of Creditor Amoun A/P Trade 393,381 Idaho Telephone Taxes 14,592 ________________________________________________________________________________ Totals 407,973 Rev 3/02 Page 11 I:\Regulatory Reporting\IDAHO\ID PUC ANNUAL REPORT\2022\Fremont ANNUAL REPORT FORM FOR SM TELS 2022 4/17/2023 AP LONG - TERM DEBT Accounts 4210, 4240, 4250, 4260, 4270 and 4310 List the required data for each obligation included in these accounts, grouping them by account number and showing totals for each account. If any obligations mature serially or otherwise at various dates, give particulars in a note. Date Date Fact Premium/Discount Class & Series o o Amoun Outstanding Yea Interest for yea of Obligation Issue Maturit Authorized Year-End Total Amortized Rate Amoun NONE _____________________ ____________ ____________ ____________ _____________ ____________ ____________ _____________ _____________ _____________________ ____________ ____________ ____________ _____________ ____________ ____________ _____________ _____________ _____________________ ____________ ____________ ____________ _____________ ____________ ____________ _____________ _____________ _____________________ ____________ ____________ ____________ _____________ ____________ ____________ _____________ _____________ _____________________ ____________ ____________ ____________ _____________ ____________ ____________ _____________ _____________ _____________________ ____________ ____________ ____________ _____________ ____________ ____________ _____________ _____________ _____________________ ____________ ____________ ____________ _____________ ____________ ____________ _____________ _____________ _____________________ ____________ ____________ ____________ _____________ ____________ ____________ _____________ _____________ _____________________ ____________ ____________ ____________ _____________ ____________ ____________ _____________ _____________ _____________________ ____________ ____________ ____________ _____________ ____________ ____________ _____________ _____________ _____________________ ____________ ____________ ____________ _____________ ____________ ____________ _____________ _____________ _____________________ __________ ____________ ____________ _____________ __________ _____________ _____________ _____________________ ____________ ____________ ____________ _____________ ____________ ____________ _____________ _____________ Rev 3/02 Page 12 I:\Regulatory Reporting\IDAHO\ID PUC ANNUAL REPORT\2022\Fremont ANNUAL REPORT FORM FOR SM TELS 2022 4/17/2023 Long Term Debt CAPITAL STOC 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. Number Outstanding per of Shares Par Value Balance Sheet Class & Series of Stoc Authorized per Share Shares Amoun Common 100,000 1.00$ 5,016 5,016,399 _________________________________ ____________ ___________ ___________ ___________ _________________________________ ____________ ___________ ___________ ___________ _________________________________ ____________ ___________ ___________ ___________ _________________________________ ____________ ___________ ___________ ___________ _________________________________ ____________ ___________ ___________ ___________ _________________________________ ____________ ___________ ___________ ___________ _________________________________ ____________ ___________ ___________ ___________ _________________________________ ____________ ___________ ___________ ___________ _________________________________ ____________ ___________ ___________ ___________ _________________________________ ____________ ___________ ___________ ___________ 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3/02 Page 13 I:\Regulatory Reporting\IDAHO\ID PUC ANNUAL REPORT\2022\Fremont ANNUAL REPORT FORM FOR SM TELS 2022 4/17/2023 Capital Stock Item Total Company Idaho Only Total Operating Income (from page 15) 3,471,902 Same as Total Operating Expenses (from page 17) 5,262,890 Total Company 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 60,838 ____________ 7250 Provision for Deferred Operating Income Taxes-Net 250,448 ____________ 7200 Operating Taxes (Total) 311,286 ____________ 7310 Dividend Income ____________ 7320 Interest Income (4) ____________ 7330 Income from Sinking and Other Funds ____________ 7340 Allowance for Funds Used During Construction ____________ 7350 Gains/Losses from the Disposition of Certain Property ____________ 7360 Other Nonoperating Income (124,043) ____________ 7370 Special Charges ____________ 7300 Nonoperating Income and Expense (124,048) ____________ 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 315,543 ____________ 7520 Interest Expense-Capital Leases ____________ 7530 Amortization of Debt Issuance Expense ____________ 7540 Other Interest Deductions 7500 Interest and Related Items 315,543 ____________ 7610 Extraordinary Income Credits ____________ 7620 Extraordinary Income Charges ____________ 7630 Current Income Tax Effect of Extraordinary Items-Net ____________ 7640 Provision for Deferred Income Tax Effect of ____________ Extraordinary Items-Net ____________ 7600 Extraordinary Items ____________ 7910 Income Effect of Jurisdictional Ratemaking ____________ Differences-Net ____________ 7990 Nonregulated Net Income (includes GAAP adj) (2,984,243) ____________ AMOUNT TRANSFERRED TO RETAINED EARNING 690,474 ____________ Rev 3/02 Page 14 INCOME & RETAINED EARNINGS STATEMEN I:\Regulatory Reporting\IDAHO\ID PUC ANNUAL REPORT\2022\Fremont ANNUAL REPORT FORM FOR SM TELS 2022 4/17/2023 Income & Retained Item Total Company Idaho Only _________________________________________________________________________________________ Local Network Services Revenues 5001 Basic Area Revenue 744,178 Same as Total Company 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 Revenue 5081 End User Revenue (SLC)__________________ 5082 Switched Access Revenue (Interstate) 2,182,633 __________________ 5083 Special Access Revenue 162,390 __________________ 5084 State Access Revenue (Intrastate) 57,258 __________________ 5100 Long Distance Message Revenue - All __________________ Miscellaneous Revenues 5230 Directory Revenue 10,796 __________________ 5240 Rent Revenue 314,648 __________________ 5250 Corporate Operations Revenue __________________ 5261 Special Billing Arrangements Revenue __________________ 5262 Customer Operations Revenue __________________ 5263 Plant Operations Revenue __________________ 5264 Other Incidental Regulated Revenue __________________ 5269 Other Revenue Settlements __________________ 5270 Carrier Billing & Collection Revenue __________________ Uncollectible Revenues 5301 Uncollectible Revenue - Telecommunications __________________ 5302 Uncollectible Revenue - Other __________________ TOTAL OPERATING REVENUE 3,471,902 __________________ Please identify the following revenues: Federal USF 2,007,180$ 5082 To what account were they booked? 5082 State USF 57,258$ 5084 To what account were they booked? 5084 Rev 3/02 Page 15 OPERATING REVENUES I:\Regulatory Reporting\IDAHO\ID PUC ANNUAL REPORT\2022\Fremont ANNUAL REPORT FORM FOR SM TELS 2022 4/17/2023 Operating Rev Item Total Company Idaho Only __________________________________________________________________________________________ Plant Specific Operations Expense 6110 Network Support Expenses 372,048 Same as Total Company 6112 Motor Vehicle Expense _______________ 6113 Aircraft Expense _______________ 6114 Special Purpose Vehicles Expense _______________ 6115 Garage Work Equipment Expense _______________ 6116 Other Work Equipment Expense _______________ 6120 General Support Expenses _______________ 6121 Land and Building Expenses _______________ 6122 Furniture and Artworks Expense _______________ 6123 Office Equipment Expense _______________ 6124 General Purpose Computers Expense _______________ 6210 Central Office Switching Expenses _______________ 6211 Analog Electronic Expense _______________ 6212 Digital Electronic Expense _______________ 6215 Electro-Mechanical Expense _______________ 6220 Operators System Expense _______________ 6230 Central Office Transmission Expenses _______________ 6231 Radio Systems Expense _______________ 6232 Circuit Equipment Expense _______________ 6310 Information 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 Intrabuilding Network Cable Expense _______________ 6431 Aerial Wire Expense _______________ 6441 Conduit Systems Expense _______________ TOTAL PLANT SPECIFIC OPERATIONS EXPENSE 372,048 _______________ Rev 3/02 Page 16 OPERATING REVENUE I:\Regulatory Reporting\IDAHO\ID PUC ANNUAL REPORT\2022\Fremont ANNUAL REPORT FORM FOR SM TELS 2022 4/17/2023 Plant Op Exp Item Total Compan Idaho Onl ____________________________________________________________________________________________ Plant Nonspecific Operations Expense 6510 Other Property/Plant/Equipment Expenses Same as Total Company 6511 Property Held for Future Telecomm. Use Expenses ____________________ 6512 Provisioning Expense ____________________ 6530 Network Operations Expense 1,023,728 ____________________ 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 1,601,050 ____________________ 6561 Depreciation Expense-Telecom. Plant in Service ____________________ 6562 Depreciation Expense-Property Held for Future Use ____________________ 6563 Amortization Expense - Tangible ____________________ 6564 Amortization Expense - Intangible ____________________ 6565 Amortization Expense - Other ____________________ Total Plant Nonspecific Operations Expenses 2,624,778 ____________________ Customer Operations Expense 6610 Marketing ____________________ 6611 Product Management 1,049,337 ____________________ 6612 Sales ____________________ 6613 Product Advertising ____________________ 6620 Services ____________________ 6621 Call Completion Services ____________________ 6622 Number Services ____________________ 6623 Customer Services ____________________ Total Customer Operations Expense 1,049,337 ____________________ Corporate Operations Expense 6710 Executive and Planning ____________________ 6711 Executive ____________________ 6712 Planning ____________________ 6720 General and Administrative 1,216,727 ____________________ 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 Corporate Operations Expense 1,216,727 ____________________ ____________________ TOTAL OPERATING EXPENSE 5,262,890 ____________________ Rev 3/02 Page 17 OPERATING REVENUE I:\Regulatory Reporting\IDAHO\ID PUC ANNUAL REPORT\2022\Fremont ANNUAL REPORT FORM FOR SM TELS 2022 4/17/2023 Op Exp CENTRAL OFFICE DAT as of December 31, 2022 (unless otherwise indicated) Name of Central Office:__________Saint Anthony, ID Prefix (es):(208) 624, 458, 558, 652 Central Office Switch Type: Meta Switch Gateway Check all that apply: Check one: Check one: Stand Alone X Digital___X Electronic___X Host Analog___ Electro-Mechanical___ Remote Other:______________________ Access Line Capacity Access Lines in Use Meta Switch Gateway Customer Lines:1,730 (Include Centrex, PAL, Semi-Pub.) Installed/Equipped: 7/2013 Public Telephone Lines: * Company Official Lines: * Company Test Lines:* Classification of Customer Access Residence Business Multi-Multi- Total Line Multi- Subtotal Centrex Line Multi- Subtotal Residence 1-Party 1-Party Party Residence N.A.R. 1-Party 1-Party Party Business & Business Beginning of Year - 2,325 - 2,325 * 1,244 179 - 1,423 3,748 New Connects - *- ** * * - * * Disconnects - *- ** * * - * * End of Year - 963 - 963 * 655 112 - 767 1,730 Foreign Exchange: Directory Listings: Dial Tone from this C.O.:_______ Number of Customers with Nonpublished or Nonlisted: 61 Dial Tone from another C.O.:_______ Custom Calling: Number of customers with at least one feature: * Total number of features subscribed to: 718 * Not separately tracked in the normal course of business. Rev 3/02 Page 18 Single Line Single Line I:\Regulatory Reporting\IDAHO\ID PUC ANNUAL REPORT\2022\Fremont ANNUAL REPORT FORM FOR SM TELS 2022 4/17/2023 Central Office NUMBER OF CALLS COMPLETED BY CUSTOMERS DURING (2022) Average # Local Calls Toll Calls Originated (Total of all Carriers) of Customer Number Avg./ Avg./ Local Exchange Lines in Use (1000s) Line Intrastate Interstate Total Line 1 Teton - 458 97 Not Available ___________ Not Available Not Available ___________ ___________ 2 Island Park - 558 536 Not Available ___________ Not Available Not Available ___________ ___________ 3 Saint Anthony - 624 663 Not Available ___________ Not Available Not Available ___________ ___________ 4 Ashton - 652 434 Not Available ___________ Not Available Not Available ___________ ___________ Total All Exchanges 1,730 Not Available ___________ 47,741 296,333 344,074 199 6_____________________ __________ __________ ___________ __________ _________ _________ ___________ 7_____________________ __________ __________ ___________ __________ _________ _________ ___________ 8_____________________ __________ __________ ___________ __________ _________ _________ ___________ 9_____________________ __________ __________ ___________ __________ _________ _________ ___________ 10____________________ __________ __________ ___________ __________ _________ _________ ___________ 11____________________ __________ __________ ___________ __________ _________ _________ ___________ 12____________________ __________ __________ ___________ __________ _________ _________ ___________ 13____________________ __________ __________ ___________ __________ _________ _________ ___________ 14____________________ __________ __________ ___________ __________ _________ _________ ___________ 15____________________ __________ __________ ___________ __________ _________ _________ ___________ 16____________________ __________ __________ ___________ __________ _________ _________ ___________ 17____________________ __________ __________ ___________ __________ _________ _________ ___________ 18____________________ __________ __________ ___________ __________ _________ _________ ___________ Rev 3/02 Page 19 I:\Regulatory Reporting\IDAHO\ID PUC ANNUAL REPORT\2022\Fremont ANNUAL REPORT FORM FOR SM TELS 2022 4/17/2023 Call Completion ANNUAL REPORT FOR SMALL TELEPHONE COMPANIE ear ended 12/31/2022 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 X Included in directory Yes X No Date of notification Nov-22 Alternate method of notification None _______________________________________________________________________ _______________________________________________________________________ Rule IDAPA 31.41.01.403.02 Record of Complaints: Number received by Company 0 Category of complaints (if known): Deposit Disputes 0 Charges on Bill 0 Denial/Termination 0 Quality or Availability 0 of Service Carrier Selection/Assignment 0 Miscellaneous 0 Rev 3/02 Page 20 I:\Regulatory Reporting\IDAHO\ID PUC ANNUAL REPORT\2022\Fremont ANNUAL REPORT FORM FOR SM TELS 2022 4/17/2023 Customer Relations TO THE IDAHO PUBLIC UTILITIES COMMISSION FOR THE YEAR ENDED:   2022 NAME 1221 N. RUSSELL ST. MISSOULA, MT 59808 ADDRESS IDAHO SEPARATED RESULTS OF OPERATIONS SEE ATTACHED P36 COST STUDY REPORT  2017 provided ‐ 2022 is not available OF FREMONT TELCOM CO. I:\Regulatory Reporting\IDAHO\ID PUC ANNUAL REPORT\2022\Fremont ANNUAL REPORT FORM FOR SM TELS 2022 4/17/2023 ID Separated Results of Oper P Fr e m o n t T e l e c o m , I n c St u d y A r e a : 4 7 2 2 2 2 S- 1 20 1 7 LO C A L TO T A L I n t e r L A T A I n t r a L A T A I n t e r L A T A I n t r a L A T A E A S U s e r O t h e r CO M P A N Y M S G P L M S G P L M S G P L M S G P L D e f i n e d 1 N e t T e l e c o m P l a n t S - 2 L n 4 6 4 , 4 8 6 , 3 7 2 1 , 0 8 8 , 7 2 2 6 4 3 , 7 9 7 2 3 4 - 2 4 , 7 6 7 - 8 9 8 , 8 4 8 1 7 , 7 4 4 - - 2 C W C C o r p o r a t e O p e r a t i o n s L i m i t a t i o n R e c o r d s - - 3 R A T E B A S E L n 1 - 2 4 , 4 8 6 , 3 7 2 1 , 0 8 8 , 7 2 2 6 4 3 , 7 9 7 2 3 4 - 2 4 , 7 6 7 - 8 9 8 , 8 4 8 1 7 , 7 4 4 - - 4 R a t e o f R e t u r n R e c o r d s 1 0 . 0 0 0 4 % 1 0 . 8 7 5 0 % 1 0 . 8 7 5 0 % 1 0 . 8 7 5 0 % 1 0 . 8 7 5 0 % 9 . 4 5 0 0 % 9 . 4 5 0 0 % 9 . 4 5 0 0 % 9 . 4 5 0 0 % 9 . 4 5 0 0 % 9 . 4 5 0 0 % 5 R E T U R N O N R A T E B A S E L n 3 * 4 4 4 8 , 6 5 4 1 1 8 , 3 9 9 7 0 , 0 1 3 2 5 - 2 , 3 4 0 - 8 4 , 9 4 1 1 , 6 7 7 - - 6 R e t u r n A d j u s t m e n t # 1 R e c o r d s - - - - - - - - - - - 7 N E T R E T U R N L n 5 - 6 4 4 8 , 6 5 4 1 1 8 , 3 9 9 7 0 , 0 1 3 2 5 - 2 , 3 4 0 - 8 4 , 9 4 1 1 , 6 7 7 - - 8 F i x e d C h a r g e s S - 1 0 L n 2 4 4 , 0 9 2 9 9 1 5 8 8 0 - 2 2 - 8 2 2 1 5 - - 9 A m o r t i z a t i o n o f E x c e s s D e f T a x e s S - 1 0 L n 4 7 - - - - - - - - - - - 10 C a p i t a l i z e d P a y r o l l T a x e s S - 1 0 L n 5 0 - - - - - - - - - - - 11 D e p r e c i a t i o n A d j u s t m e n t S - 1 0 L n 5 3 - - - - - - - - - - - 12 S c h e d u l e M I n c o m e T a x A d j u s t m e n t s - - - - - - - - - - - 13 F I T A l l o w a n c e s / D i s a l l o w a n c e s S - 1 4 L n 2 2 - - - - - - - - - - - 14 I n c A d j A l l o c o n 2 0 0 1 S - 1 0 L n 5 9 + 6 0 - - - - - - - - - - - 15 I n c A d j A l l o c o n B i g 3 E x p S - 1 0 L n 6 1 + 6 2 - - - - - - - - - - - 16 T o t a l M i s c I n c A d j u s t m e n t S - 1 0 L n 6 3 - - - - - - - - - - - 17 A F T E R T A X I N C O M E N o t e 1 4 4 4 , 5 6 2 1 1 7 , 4 0 8 6 9 , 4 2 5 2 5 - 2 , 3 1 8 - 8 4 , 1 2 0 1 , 6 6 2 - - 18 S t a t e I n c o m e T a x L n 5 3 5 3 , 8 2 8 1 4 , 2 1 6 8 , 4 0 6 3 - 2 8 1 - 1 0 , 1 8 5 2 0 1 - - 19 S t a t e I T C A m o r t i z a t i o n S - 1 0 L n 4 5 - - - - - - - - - - - 20 N e t F e d e r a l I n c o m e T a x L n 4 4 2 2 9 , 0 1 7 6 0 , 4 8 3 3 5 , 7 6 4 1 3 - 1 , 1 9 4 - 4 3 , 3 3 4 8 5 6 - - 21 F e d e r a l I T C A m o r t i z a t i o n S - 1 0 L n 4 4 - - - - - - - - - - - 22 O p e r a t i n g E x p e n s e s & T a x e s S - 3 L n 1 8 3 , 3 9 5 , 1 1 3 9 1 3 , 5 9 4 5 1 9 , 0 2 4 2 1 3 - 2 5 , 0 3 6 - 6 0 2 , 0 0 1 5 6 , 1 6 5 - - 23 N o n o p e r a t i n g E x p e n s e s S - 1 0 , L n 1 7 + 1 8 - - - - - - - - - - - 24 U n c o l l e c t i b l e s S - 1 0 L n 5 7 - - - - - - - - - - - 25 N E T R E V E N U E R E Q U I R E M E N T L n 7 + 1 8 . . 2 4 4 , 1 2 6 , 6 1 2 1 , 1 0 6 , 6 9 1 6 3 3 , 2 0 7 2 5 5 - 2 8 , 8 5 1 - 7 4 0 , 4 6 2 5 8 , 8 9 9 - - 26 G r o s s R e c e i p t s T a x N o t e 2 - - - - - - - - - - - 27 7 3 4 0 A l w F d s U s e d D u r C o n s t r S - 1 0 L n 1 5 - - - - - - - - - - - 28 R E V E N U E R E Q U I R E M E N T L n 2 5 + 2 6 - 2 7 4 , 1 2 6 , 6 1 2 1 , 1 0 6 , 6 9 1 6 3 3 , 2 0 7 2 5 5 - 2 8 , 8 5 1 - 7 4 0 , 4 6 2 5 8 , 8 9 9 - - CO N F I D E N T I A L 9/ 2 0 / 2 0 1 8 Fr e m o n t T e l e c o m , I n c St u d y A r e a : 4 7 2 2 2 2 S- 2 20 1 7 LO C A L TO T A L I n t e r L A T A I n t r a L A T A I n t e r L A T A I n t r a L A T A E A S U s e r O t h e r CO M P A N Y M S G P L M S G P L M S G P L M S G P L D e f i n e d S- 9 , L n 1 6 … 1 7 - - - - - - - - - - - - 39 C a s h W o r k i n g C a p i t a l C S - 9 , L n 2 1 9 8 , 9 5 9 2 6 , 5 8 7 1 3 , 2 8 3 4 - 8 0 7 - 1 7 , 9 7 0 1 , 9 7 3 - - 3 8 , 3 3 5 40 E q u a l A c c e s s - U n a m o r t i z e d E x p e n s e s D S - 9 , L n 2 6 - - - - - - - - - - - - 41 I n v e s t m e n t A l l o w / D i s a l l o w E S - 9 , L n 3 1 - - - - - - - - - - - - 42 A c c u m D e p r / A m o r t A l l o w / D i s a l l o w F S - 1 5 , L n 1 5 0 - - - - - - - - - - - - 43 4 0 4 0 C u s t o m e r D e p o s i t s G S - 1 5 , L n 1 1 5 2 , 7 5 6 6 5 5 4 6 9 0 - 1 4 - 5 3 3 1 0 - - 1 , 0 7 4 44 4 3 1 0 O t h e r L o n g - T e r m L i a b . H S - 1 5 , L n 1 3 5 - - - - - - - - - - - - 45 O t h e r T e l e c o m P l A d j u s t I R e c o r d s - - - - - - - - - - - - 46 N E T T E L E C O M P L T & O T H R A T E B A S E I T E M S A + B . . F + I - ( G + H ) 4 , 4 8 6 , 3 7 2 1 , 0 8 8 , 7 2 2 6 4 3 , 7 9 7 2 3 4 - 2 4 , 7 6 7 - 8 9 8 , 8 4 8 1 7 , 7 4 4 - - 1 , 8 1 2 , 2 5 9 47 D i s t r i b u t i o n o f L i n e 4 6 L n 4 6 / 4 6 a 1 0 0 . 0 0 0 0 % 2 4 . 2 6 7 3 % 1 4 . 3 5 0 1 % 0 . 0 0 5 2 % - 0 . 5 5 2 0 % - 2 0 . 0 3 5 1 % 0 . 3 9 5 5 % - - 4 0 . 3 9 4 8 % CO N F I D E N T I A L 9/ 2 0 / 2 0 1 8 Fr e m o n t T e l e c o m , I n c St u d y A r e a : 4 7 2 2 2 2 S- 3 20 1 7 LO C A L TO T A L I n t e r L A T A I n t r a L A T A I n t e r L A T A I n t r a L A T A E A S U s e r O t h e r CO M P A N Y M S G P L M S G P L M S G P L M S G P L D e f i n e d CO N F I D E N T I A L 9/ 2 0 / 2 0 1 8 Fr e m o n t T e l e c o m , I n c St u d y A r e a : 4 7 2 2 2 2 S- 4 20 1 7 LO C A L TO T A L I n t e r L A T A I n t r a L A T A I n t e r L A T A I n t r a L A T A E A S U s e r O t h e r CO M P A N Y M S G P L M S G P L M S G P L M S G P L D e f i n e d CO N F I D E N T I A L 9/ 2 0 / 2 0 1 8 Fr e m o n t T e l e c o m , I n c St u d y A r e a : 4 7 2 2 2 2 S- 5 20 1 7 Pa g e 1 o f 3 LO C A L TO T A L I n t e r L A T A I n t r a L A T A I n t e r L A T A I n t r a L A T A E A S U s e r O t h e r CO M P A N Y M S G P L M S G P L M S G P L M S G P L D e f i n e d CO N F I D E N T I A L 9/ 2 0 / 2 0 1 8 Fr e m o n t T e l e c o m , I n c St u d y A r e a : 4 7 2 2 2 2 S- 5 20 1 7 Pa g e 2 o f 3 LO C A L TO T A L I n t e r L A T A I n t r a L A T A I n t e r L A T A I n t r a L A T A E A S U s e r O t h e r CO M P A N Y M S G P L M S G P L M S G P L M S G P L D e f i n e d CO N F I D E N T I A L 9/ 2 0 / 2 0 1 8 Fr e m o n t T e l e c o m , I n c St u d y A r e a : 4 7 2 2 2 2 S- 5 20 1 7 Pa g e 3 o f 3 LO C A L TO T A L I n t e r L A T A I n t r a L A T A I n t e r L A T A I n t r a L A T A E A S U s e r O t h e r CO M P A N Y M S G P L M S G P L M S G P L M S G P L D e f i n e d 68 C o n v e r s a t i o n M i n u t e s P c t R e c o r d s 1 0 0 . 0 0 0 0 % 8 5 . 0 7 8 0 % 0 . 1 0 9 0 % 0 . 3 9 2 0 % 1 4 . 4 2 1 0 % - - 69 H o s t / R e m o t e M O U M i l e s P c t R e c o r d s 1 0 0 . 0 0 0 0 % 4 2 . 0 8 3 0 % 0 . 0 5 4 0 % 0 . 1 9 4 0 % 7 . 1 3 3 0 % - - 70 4 . 2 3 A l l O t h e r 71 J o i n t M S G L n 8 6 * 6 4 3 1 7 , 2 2 1 2 6 9 , 8 8 5 3 4 6 1 , 2 4 4 4 5 , 7 4 6 - - 72 I n t e r e x c h a n g e M S G / P L - D A D i r e c t - - - - - - - - - - - 73 P L , T W X & L o c a l L n 8 5 c . . i 7 , 0 3 9 - 4 6 9 - - - - - 6 , 5 7 0 - - 74 P L - D A D i r e c t - - - - - - - - - - - 75 C a t 4 . 3 - H o s t / R e m o t e M S G 76 J o i n t ( x / W A T S ) L n 7 6 a * 6 9 - - - - - - - 77 W A T S D i r e c t - - - - - - - - - - - 78 D i r e c t A s s i g n m e n t D i r e c t - - - - - - - - - - - 79 T o t a l C a t 4 L n 4 6 . . 6 4 + 7 0 . . 7 8 9 , 0 0 7 , 2 9 1 1 , 5 8 7 , 9 6 0 3 , 3 7 9 , 5 3 1 3 4 6 - 3 6 , 1 4 6 - 1 , 3 2 8 , 9 1 9 3 8 , 2 3 8 - - 80 T O T A L C O E - T R A N S M I S S I O N L n 7 9 9 , 0 0 7 , 2 9 1 1 , 5 8 7 , 9 6 0 3 , 3 7 9 , 5 3 1 3 4 6 - 3 6 , 1 4 6 - 1 , 3 2 8 , 9 1 9 3 8 , 2 3 8 - - 81 D i s t r i b u t i o n o f L i n e 8 0 L n 8 0 / 8 0 a 1 0 0 . 0 0 0 0 % 1 7 . 6 2 9 7 % 3 7 . 5 2 0 0 % 0 . 0 0 3 8 % - 0 . 4 0 1 3 % - 1 4 . 7 5 3 8 % 0 . 4 2 4 5 % - - 82 T O T A L C E N T R A L O F F I C E E Q U I P L n 2 3 + 3 6 + 8 0 9 , 4 8 6 , 9 6 5 1 , 9 9 5 , 1 6 7 3 , 3 7 9 , 5 3 1 8 6 2 - 3 6 , 1 4 6 - 1 , 3 2 8 , 9 1 9 3 8 , 2 3 8 - - 83 D i s t r i b u t i o n o f L i n e 8 2 L n 8 2 / 8 2 a 1 0 0 . 0 0 0 0 % 2 1 . 0 3 0 6 % 3 5 . 6 2 2 9 % 0 . 0 0 9 1 % - 0 . 3 8 1 0 % - 1 4 . 0 0 7 8 % 0 . 4 0 3 1 % - - LO C A L TO T A L I n t e r L A T A I n t r a L A T A I n t e r L A T A I n t r a L A T A E A S U s e r O t h e r CO M P A N Y M S G P L M S G P L M S G P L M S G P L D e f i n e d CO N F I D E N T I A L 9/ 2 0 / 2 0 1 8 Fr e m o n t T e l e c o m , I n c St u d y A r e a : 4 7 2 2 2 2 S- 6 20 1 7 LO C A L TO T A L I n t e r L A T A I n t r a L A T A I n t e r L A T A I n t r a L A T A E A S U s e r O t h e r CO M P A N Y M S G P L M S G P L M S G P L M S G P L D e f i n e d CO N F I D E N T I A L 9/ 2 0 / 2 0 1 8 Fr e m o n t T e l e c o m , I n c St u d y A r e a : 4 7 2 2 2 2 S- 7 20 1 7 Pa g e 1 o f 2 LO C A L TO T A L I n t e r L A T A I n t r a L A T A I n t e r L A T A I n t r a L A T A E A S U s e r O t h e r CO M P A N Y M S G P L M S G P L M S G P L M S G P L D e f i n e d 1 G r o s s A l l o c a t o r P c t ( T r a n s S P F ) R e c o r d s 1 0 0 . 0 0 0 0 % 2 5 . 0 0 0 0 % - 0 . 6 6 2 0 % 2 4 . 3 3 8 0 % - - 2 R E L M O U ' s - E x c h a n g e T r u n k R e c o r d s - - - - - - - - - - - 3 W B L i n e R e c o r d s 1 0 0 . 0 0 0 0 % 9 9 . 3 2 4 3 % - - 0 . 6 7 5 7 % - - 4 M O U P c t - E x T r k W B R e c o r d s 1 0 0 . 0 0 0 0 % - 9 9 . 3 2 4 3 % - - - - - 0 . 6 7 5 7 % - - 5 2 4 1 0 C a b l e & W i r e F a c i l i t i e s 6 C a t 1 - E x c h L i n e x / W B 7 1 . 1 I n t r a P L & W A T S L n 2 5 e . . i 4 7 , 6 6 1 - 4 7 , 6 6 1 - - 8 1 . 2 I n t e r P L & W A T S L n 2 5 c . . d 5 , 9 5 8 5 , 9 5 8 - 9 1 . 3 J o i n t l y U s e d L n 2 5 b * 1 1 5 , 8 3 8 , 4 6 5 3 , 9 5 9 , 6 1 6 - 1 0 4 , 8 5 1 3 , 8 5 4 , 7 6 6 - - 10 D i r e c t A s s i g n m e n t D i r e c t - - - - - - - - - - - 11 T o t a l C a t e g o r y 1 L n 7 . . 1 0 1 5 , 8 9 2 , 0 8 4 3 , 9 5 9 , 6 1 6 5 , 9 5 8 - - 1 0 4 , 8 5 1 - 3 , 8 5 4 , 7 6 6 4 7 , 6 6 1 - - 12 C a t 2 - W B & E x c h T r u n k 13 E x T r k - j o i n t m e s s a g e L n 1 3 a * 2 - - - - - - - - - - - 14 E x T r k - E A S D i r e c t - - 15 E x L i n e W B - D a t a O n l y D S L D i r e c t 2 4 5 , 5 0 0 2 4 5 , 5 0 0 16 E x L i n e W B - V O I C E / D A T A D i r e c t - - 17 E x L i n e E t h e r n e t D i r e c t 3 4 2 , 4 3 1 3 4 2 , 4 3 1 18 E x L i n e W B L n 1 8 a * 3 - - - - - - - 19 W B L i n e D i r e c t 5 4 5 , 1 7 4 - 5 3 8 , 1 5 9 - - - - - 7 , 0 1 4 - - 20 W B T r u n k L n 2 0 a * 4 - - - - - - - - - - - 21 W B T r u n k D A D i r e c t - - - - - - - - - - - 22 T o t a l C a t e g o r y 2 1 , 1 3 3 , 1 0 5 - 1 , 1 2 6 , 0 9 1 - - - - - 7 , 0 1 4 - - TO T A L J o i n t I n t e r L A T A I n t r a L A T A I n t e r L A T A I n t r a L A T A E A S U s e r O t h e r CO M P A N Y M S G P L P L P L P L D e f i n e d CO N F I D E N T I A L 9/ 2 0 / 2 0 1 8 Fr e m o n t T e l e c o m , I n c St u d y A r e a : 4 7 2 2 2 2 S- 7 20 1 7 Pa g e 2 o f 2 LO C A L TO T A L I n t e r L A T A I n t r a L A T A I n t e r L A T A I n t r a L A T A E A S U s e r O t h e r CO M P A N Y M S G P L M S G P L M S G P L M S G P L D e f i n e d CO N F I D E N T I A L 9/ 2 0 / 2 0 1 8 Fr e m o n t T e l e c o m , I n c St u d y A r e a : 4 7 2 2 2 2 S- 8 20 1 7 LO C A L TO T A L I n t e r L A T A I n t r a L A T A I n t e r L A T A I n t r a L A T A E A S U s e r O t h e r CO M P A N Y M S G P L M S G P L M S G P L M S G P L D e f i n e d CO N F I D E N T I A L 9/ 2 0 / 2 0 1 8 Fr e m o n t T e l e c o m , I n c St u d y A r e a : 4 7 2 2 2 2 S- 9 20 1 7 LO C A L TO T A L I n t e r L A T A I n t r a L A T A I n t e r L A T A I n t r a L A T A E A S U s e r O t h e r CO M P A N Y M S G P L M S G P L M S G P L M S G P L D e f i n e d CO N F I D E N T I A L 9/ 2 0 / 2 0 1 8 Fr e m o n t T e l e c o m , I n c St u d y A r e a : 4 7 2 2 2 2 S- 1 0 20 1 7 Pa g e 1 o f 2 LO C A L TO T A L I n t e r L A T A I n t r a L A T A I n t e r L A T A I n t r a L A T A E A S U s e r O t h e r CO M P A N Y M S G P L M S G P L M S G P L M S G P L D e f i n e d CO N F I D E N T I A L 9/ 2 0 / 2 0 1 8 Fr e m o n t T e l e c o m , I n c St u d y A r e a : 4 7 2 2 2 2 S- 1 0 20 1 7 Pa g e 2 o f 2 LO C A L TO T A L I n t e r L A T A I n t r a L A T A I n t e r L A T A I n t r a L A T A E A S U s e r O t h e r CO M P A N Y M S G P L M S G P L M S G P L M S G P L D e f i n e d CO N F I D E N T I A L 9/ 2 0 / 2 0 1 8 Fr e m o n t T e l e c o m , I n c St u d y A r e a : 4 7 2 2 2 2 S- 1 1 20 1 7 LO C A L TO T A L I n t e r L A T A I n t r a L A T A I n t e r L A T A I n t r a L A T A E A S U s e r O t h e r CO M P A N Y M S G P L M S G P L M S G P L M S G P L D e f i n e d CO N F I D E N T I A L 9/ 2 0 / 2 0 1 8 Fr e m o n t T e l e c o m , I n c St u d y A r e a : 4 7 2 2 2 2 S- 1 2 20 1 7 Pa g e 1 o f 3 LO C A L TO T A L I n t e r L A T A I n t r a L A T A I n t e r L A T A I n t r a L A T A E A S U s e r O t h e r CO M P A N Y M S G P L M S G P L M S G P L M S G P L D e f i n e d CO N F I D E N T I A L 9/ 2 0 / 2 0 1 8 Fr e m o n t T e l e c o m , I n c St u d y A r e a : 4 7 2 2 2 2 S- 1 2 20 1 7 Pa g e 2 o f 3 LO C A L TO T A L I n t e r L A T A I n t r a L A T A I n t e r L A T A I n t r a L A T A E A S U s e r O t h e r CO M P A N Y M S G P L M S G P L M S G P L M S G P L D e f i n e d CO N F I D E N T I A L 9/ 2 0 / 2 0 1 8 Fr e m o n t T e l e c o m , I n c St u d y A r e a : 4 7 2 2 2 2 S- 1 2 20 1 7 Pa g e 3 o f 3 LO C A L TO T A L I n t e r L A T A I n t r a L A T A I n t e r L A T A I n t r a L A T A E A S U s e r O t h e r CO M P A N Y M S G P L M S G P L M S G P L M S G P L D e f i n e d CO N F I D E N T I A L 9/ 2 0 / 2 0 1 8 Fr e m o n t T e l e c o m , I n c St u d y A r e a : 4 7 2 2 2 2 S- 1 3 20 1 7 Pa g e 1 o f 2 LO C A L TO T A L I n t e r L A T A I n t r a L A T A I n t e r L A T A I n t r a L A T A E A S U s e r O t h e r CO M P A N Y M S G P L M S G P L M S G P L M S G P L D e f i n e d CO N F I D E N T I A L 9/ 2 0 / 2 0 1 8 Fr e m o n t T e l e c o m , I n c St u d y A r e a : 4 7 2 2 2 2 S- 1 3 20 1 7 Pa g e 2 o f 2 LO C A L TO T A L I n t e r L A T A I n t r a L A T A I n t e r L A T A I n t r a L A T A E A S U s e r O t h e r CO M P A N Y M S G P L M S G P L M S G P L M S G P L D e f i n e d CO N F I D E N T I A L 9/ 2 0 / 2 0 1 8 Fr e m o n t T e l e c o m , I n c St u d y A r e a : 4 7 2 2 2 2 S- 1 4 20 1 7 LO C A L TO T A L I n t e r L A T A I n t r a L A T A I n t e r L A T A I n t r a L A T A E A S U s e r O t h e r CO M P A N Y M S G P L M S G P L M S G P L M S G P L D e f i n e d CO N F I D E N T I A L 9/ 2 0 / 2 0 1 8 Fr e m o n t T e l e c o m , I n c St u d y A r e a : 4 7 2 2 2 2 S- 1 5 20 1 7 Pa g e 1 o f 4 LO C A L TO T A L I n t e r L A T A I n t r a L A T A I n t e r L A T A I n t r a L A T A E A S U s e r O t h e r CO M P A N Y M S G P L M S G P L M S G P L M S G P L D e f i n e d CO N F I D E N T I A L 9/ 2 0 / 2 0 1 8 Fr e m o n t T e l e c o m , I n c St u d y A r e a : 4 7 2 2 2 2 S- 1 5 20 1 7 Pa g e 2 o f 4 LO C A L TO T A L I n t e r L A T A I n t r a L A T A I n t e r L A T A I n t r a L A T A E A S U s e r O t h e r CO M P A N Y M S G P L M S G P L M S G P L M S G P L D e f i n e d CO N F I D E N T I A L 9/ 2 0 / 2 0 1 8 Fr e m o n t T e l e c o m , I n c St u d y A r e a : 4 7 2 2 2 2 S- 1 5 20 1 7 Pa g e 3 o f 4 LO C A L TO T A L I n t e r L A T A I n t r a L A T A I n t e r L A T A I n t r a L A T A E A S U s e r O t h e r CO M P A N Y M S G P L M S G P L M S G P L M S G P L D e f i n e d CO N F I D E N T I A L 9/ 2 0 / 2 0 1 8 Fr e m o n t T e l e c o m , I n c St u d y A r e a : 4 7 2 2 2 2 S- 1 5 20 1 7 Pa g e 4 o f 4 LO C A L TO T A L I n t e r L A T A I n t r a L A T A I n t e r L A T A I n t r a L A T A E A S U s e r O t h e r CO M P A N Y M S G P L M S G P L M S G P L M S G P L D e f i n e d CO N F I D E N T I A L 9/ 2 0 / 2 0 1 8 Fr e m o n t T e l e c o m , I n c St u d y A r e a : 4 7 2 2 2 2 S- 1 6 20 1 7 LO C A L TO T A L I n t e r L A T A I n t r a L A T A I n t e r L A T A I n t r a L A T A E A S U s e r O t h e r CO M P A N Y M S G P L M S G P L M S G P L M S G P L D e f i n e d CO N F I D E N T I A L 9/ 2 0 / 2 0 1 8 Fr e m o n t T e l e c o m , I n c St u d y A r e a : 4 7 2 2 2 2 S- 1 7 20 1 7 Ta x a b l e I N C O M E T A X L N D E S C R I P T I O N S O U R C E T O T A L T O T A L S u r T a x 1 A V E R A G E N E T I N V E S T M E N T S - 1 , L n 1 4 , 4 8 6 , 3 7 2 2 A S S U M E D R A T E O F R E T U R N F O R E S T I M A T I N G T A X R A T E S - 1 , L n 4 1 0 . 0 0 0 4 % 3 R E T U R N O N I N V E S T M E N T L n 1 a * 2 4 4 8 , 6 5 4 4 F I T I N C O M E A D J U S T M E N T ( F R O M C O S T S T U D Y ) 4 , 0 9 2 5 I N V E S T M E N T T A X C R E D I T A M O R T I Z A T I O N - 6 A F T E R T A X I N C O M E B E F O R E T A X C R E D I T S 4 4 4 , 5 6 2 7 F I T B E F O R E T A X C R E D I T S ( M U S T E Q U A L L N 1 7 ) 2 2 9 , 0 1 7 8 T A X A B L E I N C O M E 67 3 , 5 7 9 9 F I T O N 0 t o 5 0 , 0 0 0 @ 1 5 % 1 5 % 5 0 , 0 0 0 7 , 5 0 0 - 10 F I T O N 5 0 , 0 0 0 t o 7 5 , 0 0 0 @ 2 5 % 2 5 % 2 5 , 0 0 0 6 , 2 5 0 5 , 0 0 0 11 F I T O N 7 5 , 0 0 0 t o 1 0 0 , 0 0 0 @ 3 4 % 3 4 % 2 5 , 0 0 0 8 , 5 0 0 1 1 , 7 5 0 12 F I T O N 1 0 0 , 0 0 0 t o 3 3 5 , 0 0 0 @ 3 9 % 3 9 % 2 3 5 , 0 0 0 9 1 , 6 5 0 1 6 , 7 5 0 13 F I T O N 3 3 5 , 0 0 0 t o 1 0 , 0 0 0 , 0 0 0 @ 3 4 % 3 4 % 3 3 8 , 5 7 9 1 1 5 , 1 1 7 - 14 F I T O N 1 0 , 0 0 0 , 0 0 0 t o 1 5 , 0 0 0 , 0 0 0 @ 3 5 % 3 5 % - - 1 0 0 , 0 0 0 15 F I T O N 1 5 , 0 0 0 , 0 0 0 t o 1 8 , 3 3 3 , 3 3 3 @ 3 8 % 3 8 % - - 5 5 0 , 0 0 0 16 F I T O N O V E R 1 8 , 3 3 3 , 3 3 3 @ 3 5 % 3 5 % - - - 17 T O T A L T A X A B L E I N C O M E / F I T B E F O R E T A X C R E D I T S L N s 9 . . 1 6 6 7 3 , 5 7 9 2 2 9 , 0 1 7 18 E F F E C T I V E F I T T A X R A T E 34 . 0 0 0 0 % TA X F O R M CO N F I D E N T I A L 9/ 2 0 / 2 0 1 8 Fr e m o n t T e l e c o m , I n c St u d y A r e a : 4 7 2 2 2 2 S- 1 8 20 1 7 LO C A L In t e r L A T A I n t r a L A T A I n t e r L A T A I n t r a L A T A E A S U s e r O t h e r A/ C M S G P L M S G P L M S G P L M S G P L D e f i n e d Ca p i t a l I n v e s t m e n t S u m m a r y G e n e r a l S u p p o r t F a c il i t i e s 21 1 0 1 0 0 . 0 0 0 0 % 2 3 . 7 7 1 8 % 1 7 . 0 1 6 7 % 0 . 0 0 5 6 % - 0 . 5 2 6 0 % - 1 9 . 3 3 8 8 % 0 . 3 6 5 1 % - - 3 8 . 9 7 5 9 % C O E S w i t c h i n g E q u i p m e n t 2 2 1 0 1 0 0 . 0 0 0 0 % 8 4 . 8 9 2 4 % - 0 . 1 0 7 6 % - - - - - - - 1 5 . 0 0 0 0 % O p e r a t o r S y s t e m s E q u i p m e n t 2 2 2 0 - - - - - - - - - - - - C O E T r a n s m i s s i o n E q u i p m e n t 2 2 3 0 1 0 0 . 0 0 0 0 % 1 7 . 6 2 9 7 % 3 7 . 5 2 0 0 % 0 . 0 0 3 8 % - 0 . 4 0 1 3 % - 1 4 . 7 5 3 8 % 0 . 4 2 4 5 % - - 2 9 . 2 6 6 9 % I n f o r m a t i o n O r i g / T e r m E q u i p m e n t 2 3 1 0 - - - - - - - - - - - - C a b l e & W i r e F a c i l i t i e s 24 1 0 1 0 0 . 0 0 0 0 % 2 5 . 2 3 4 5 % 7 . 0 8 8 5 % 0 . 0 0 3 8 % - 0 . 6 0 3 4 % - 2 2 . 1 8 3 4 % 0 . 3 4 4 9 % - - 4 4 . 5 4 1 5 % T a n g i b l e A s s e t s 2 6 8 0 - - - - - - - - - - - - I n t a n g i b l e A s s e t s 2 6 9 0 - - - - - - - - - - - - T o t a l P l a n t i n S e r v i c e A / C 2 0 0 1 1 0 0 . 0 0 0 0 % 2 3 . 7 7 1 8 % 1 7 . 0 1 6 7 % 0 . 0 0 5 6 % - 0 . 5 2 6 0 % - 1 9 . 3 3 8 8 % 0 . 3 6 5 1 % - - 3 8 . 9 7 5 9 % P r o p e r t y H e l d f o r F u t u r e U s e 2 0 0 2 - - - - - - - - - - - - P l a n t U n d e r C o n s t r u c t i o n 2 0 0 3 1 0 0 . 0 0 0 0 % 2 3 . 7 7 1 8 % 1 7 . 0 1 6 7 % 0 . 0 0 5 6 % - 0 . 5 2 6 0 % - 1 9 . 3 3 8 8 % 0 . 3 6 5 1 % - - 3 8 . 9 7 5 9 % T e l e p h o n e P l a n t A d j u s t m e n t 2 0 0 5 - - - - - - - - - - - - T o t a l P r o p e r t y , P l a n t a n d E q u i p m e n t 1 0 0 . 0 0 0 0 % 2 3 . 7 7 1 8 % 1 7 . 0 1 6 7 % 0 . 0 0 5 6 % - 0 . 5 2 6 0 % - 1 9 . 3 3 8 8 % 0 . 3 6 5 1 % - - 3 8 . 9 7 5 9 % A c c u m u l a t e d D e p r e c i a t i o n - P l a n t i n S e r v i c e 3 1 0 0 1 0 0 . 0 0 0 0 % 2 3 . 7 0 2 6 % 1 6 . 7 6 6 1 % 0 . 0 0 5 4 % - 0 . 5 2 9 2 % - 1 9 . 4 5 4 5 % 0 . 3 6 5 2 % - - 3 9 . 1 7 7 1 % A c c u m u l a t e d D e p r e c i a t i o n - P r o p e r t y h e l d f o r F u t u r e U s e ] 3 2 0 0 - - - - - - - - - - - - A c c u m u l a t e d A m o r t i z a t i o n - T a n g i b l e P r o p e r t y 3 4 0 0 - - - - - - - - - - - - A c c u m u l a t e d A m o r t i z a t i o n - I n t a n g i b l e P r o p e r t y 3 5 0 0 - - - - - - - - - - - - A c c u m u l a t e d A m o r t i z a t i o n - T e l e p h o n e P l a n t A d j u s t m e n t 3 6 0 0 - - - - - - - - - - - - D e f e r r e d O p e r a t i n g T a x e s 4 3 4 0 1 0 0 . 0 0 0 0 % 2 3 . 6 4 3 7 % 5 . 0 8 8 1 % 0 . 0 0 0 0 % - 0 . 6 4 0 2 % - 2 3 . 5 3 5 5 % 0 . 3 5 1 4 % - - 4 6 . 7 4 1 1 % Ot h e r L o n g T e r m L i a b i l i t i e s 43 1 0 - - - - - - - - - - - - O t h e r D e f e r r e d C r e d i t s 4 3 7 0 - - - - - - - - - - - - C u s t o m e r D e p o s i t s 1 0 0 . 0 0 0 0 % 2 3 . 7 7 1 8 % 1 7 . 0 1 6 7 % 0 . 0 0 5 6 % - 0 . 5 2 6 0 % - 1 9 . 3 3 8 8 % 0 . 3 6 5 1 % - - 3 8 . 9 7 5 9 % N e t T e l e p h o n e P l a n t 1 0 0 . 0 0 0 0 % 2 4 . 2 0 8 4 % 1 4 . 3 7 2 6 % 0 . 0 0 5 2 % - 0 . 5 4 6 1 % - 2 0 . 0 7 6 9 % 0 . 3 5 9 4 % - - 4 0 . 4 3 1 2 % In v e s t m e n t A l l o w / D i s a l l o w - - - - - - - - - - - - Ac c u m D e p r / A m o r t A l l o w / D i s a l l o w - - - - - - - - - - - - M a t e r i a l s a n d S u p p l i e s 1 2 2 0 1 0 0 . 0 0 0 0 % 2 5 . 2 3 4 5 % 7 . 0 8 8 5 % 0 . 0 0 3 8 % - 0 . 6 0 3 4 % - 2 2 . 1 8 3 4 % 0 . 3 4 4 9 % - - 4 4 . 5 4 1 5 % In v e s t m e n t i n N o n a f f i l i a t e d C o m p a n i e s 14 0 2 - - - - - - - - - - - - E q u a l A c c e s s E q u i p m e n t 1 4 3 9 - - - - - - - - - - - - O t h e r J u r i s d i c t i o n a l A s s e t s 1 5 0 0 - - - - - - - - - - - - C a s h W o r k i n g C a p i t a l X X X X 1 0 0 . 0 0 0 0 % 2 6 . 8 6 6 4 % 1 3 . 4 2 2 6 % 0 . 0 0 4 3 % - 0 . 8 1 5 7 % - 1 8 . 1 5 8 6 % 1 . 9 9 4 2 % - - 3 8 . 7 3 8 3 % N e t T e l e p h o n e P l a n t , M & S a n d C W C 1 0 0 . 0 0 0 0 % 2 4 . 2 6 7 3 % 1 4 . 3 5 0 1 % 0 . 0 0 5 2 % - 0 . 5 5 2 0 % - 2 0 . 0 3 5 1 % 0 . 3 9 5 5 % - - 4 0 . 3 9 4 8 % Op e r a t i n g E x p e n s e s a n d T a x e s S u m m a r y N e t w o r k S u p p o r t 6 1 1 0 1 0 0 . 0 0 0 0 % 2 3 . 7 7 1 8 % 1 7 . 0 1 6 7 % 0 . 0 0 5 6 % - 0 . 5 2 6 0 % - 1 9 . 3 3 8 8 % 0 . 3 6 5 1 % - - 3 8 . 9 7 5 9 % G e n e r a l S u p p o r t 6 1 2 0 1 0 0 . 0 0 0 0 % 2 3 . 7 7 1 8 % 1 7 . 0 1 6 7 % 0 . 0 0 5 6 % - 0 . 5 2 6 0 % - 1 9 . 3 3 8 8 % 0 . 3 6 5 1 % - - 3 8 . 9 7 5 9 % C e n t r a l O f f i c e 6 2 1 0 1 0 0 . 0 0 0 0 % 2 1 . 0 3 0 6 % 3 5 . 6 2 2 9 % 0 . 0 0 9 1 % - 0 . 3 8 1 0 % - 1 4 . 0 0 7 8 % 0 . 4 0 3 1 % - - 2 8 . 5 4 5 5 % I n f o r m a t i o n O r i g / T e r m 6 3 1 0 - - - - - - - - - - - - C a b l e a n d W i r e F a c i l i t i e s 64 1 0 1 0 0 . 0 0 0 0 % 2 5 . 2 3 4 5 % 7 . 0 8 8 5 % 0 . 0 0 3 8 % - 0 . 6 0 3 4 % - 2 2 . 1 8 3 4 % 0 . 3 4 4 9 % - - 4 4 . 5 4 1 5 % P l a n t S p e c i f i c O p e r a t i o n s 1 0 0 . 0 0 0 0 % 2 3 . 8 1 0 0 % 1 6 . 7 5 7 9 % 0 . 0 0 5 6 % - 0 . 5 2 8 0 % - 1 9 . 4 1 3 0 % 0 . 3 6 4 6 % - - 3 9 . 1 2 1 0 % O t h e r P l a n t 6 5 1 0 1 0 0 . 0 0 0 0 % 2 3 . 7 7 1 8 % 1 7 . 0 1 6 7 % 0 . 0 0 5 6 % - 0 . 5 2 6 0 % - 1 9 . 3 3 8 8 % 0 . 3 6 5 1 % - - 3 8 . 9 7 5 9 % N e t w o r k O p e r a t i o n s 6 5 3 0 1 0 0 . 0 0 0 0 % 2 3 . 7 7 1 8 % 1 7 . 0 1 6 7 % 0 . 0 0 5 6 % - 0 . 5 2 6 0 % - 1 9 . 3 3 8 8 % 0 . 3 6 5 1 % - - 3 8 . 9 7 5 9 % A c c e s s C h a r g e 6 5 4 0 - - - - - - - - - - - - F e d e r a l S u p p o r t 6 5 4 0 - - - - - - - - - - - - P l a n t N o n s p e c i f i c O p e r a t i o n s ( e x c l u d i n g D e p r e c i a t i o n ) 1 0 0 . 0 0 0 0 % 2 3 . 7 7 1 8 % 1 7 . 0 1 6 7 % 0 . 0 0 5 6 % - 0 . 5 2 6 0 % - 1 9 . 3 3 8 8 % 0 . 3 6 5 1 % - - 3 8 . 9 7 5 9 % M a r k e t i n g 6 6 1 0 1 0 0 . 0 0 0 0 % 3 4 . 0 4 5 5 % - - - - - 8 . 5 4 1 0 % - - - 5 7 . 4 1 3 5 % C u s t o m e r S e r v i c e 6 6 2 0 1 0 0 . 0 0 0 0 % 4 0 . 5 2 8 5 % 0 . 3 8 1 0 % - - 2 . 8 4 8 1 % - 1 2 . 8 5 5 0 % 1 2 . 4 6 1 6 % - - 3 0 . 9 2 5 8 % C u s t o m e r O p e r a t i o n s 1 0 0 . 0 0 0 0 % 3 8 . 7 7 2 0 % 0 . 2 7 7 8 % - - 2 . 0 7 6 4 % - 1 1 . 6 8 6 1 % 9 . 0 8 5 2 % - - 3 8 . 1 0 2 4 % C o r p o r a t e O p e r a t i o n s - E x e c u t i v e a n d P l a n n i n g 6 7 1 0 - - - - - - - - - - - - C o r p o r a t e O p e r a t i o n s - G e n e r a l a n d A d m i n i s t r a t i v e 6 7 2 0 1 0 0 . 0 0 0 0 % 2 8 . 0 1 8 4 % 1 3 . 1 2 6 4 % 0 . 0 0 4 4 % - 0 . 8 3 9 5 % - 1 7 . 5 2 8 4 % 2 . 1 5 8 0 % - - 3 8 . 3 2 5 0 % C o r p o r a t e O p e r a t i o n s 1 0 0 . 0 0 0 0 % 2 8 . 0 1 8 4 % 1 3 . 1 2 6 4 % 0 . 0 0 4 4 % - 0 . 8 3 9 5 % - 1 7 . 5 2 8 4 % 2 . 1 5 8 0 % - - 3 8 . 3 2 5 0 % S u b t o t a l O p e r a t i o n s E x p e n s e 1 0 0 . 0 0 0 0 % 2 6 . 9 9 3 7 % 1 5 . 2 8 5 8 % 0 . 0 0 6 3 % - 0 . 7 4 5 7 % - 1 7 . 5 1 8 8 % 1 . 6 9 5 8 % - - 3 7 . 7 5 3 9 % D e p r e c i a t i o n a n d A m o r t i z a t i o n 6 5 6 0 1 0 0 . 0 0 0 0 % 2 7 . 0 5 6 0 % 2 2 . 3 7 9 6 % 0 . 0 1 3 9 % - 0 . 4 3 8 4 % - 1 6 . 1 1 9 1 % 0 . 3 5 3 1 % - - 3 3 . 6 3 9 8 % O t h e r O p e r a t i n g 7 2 4 0 1 0 0 . 0 0 0 0 % 2 4 . 2 0 9 9 % 1 5 . 3 3 7 2 % 0 . 0 0 5 1 % - 0 . 4 7 4 1 % - 2 4 . 5 1 5 4 % 0 . 3 2 9 1 % - - 3 5 . 1 2 9 2 % E q u a l A c c e s s - - - - - - - - - - - - Fix e d C h a r g e s 7 5 0 0 1 0 0 . 0 0 0 0 % 2 4 . 2 0 8 4 % 1 4 . 3 7 2 6 % 0 . 0 0 5 2 % - 0 . 5 4 6 1 % - 2 0 . 0 7 6 9 % 0 . 3 5 9 4 % - - 4 0 . 4 3 1 2 % R e n t R e v e n u e 5 2 4 0 - - - - - - - - - - - - T o t a l O p e r a t i n g E x p e n s e a n d T a x 1 0 0 . 0 0 0 0 % 2 6 . 9 0 9 1 % 1 5 . 2 8 7 4 % 0 . 0 0 6 3 % - 0 . 7 3 7 4 % - 1 7 . 7 3 1 4 % 1 . 6 5 4 3 % - - 3 7 . 6 7 4 1 % No n o p e r a t i n g E x p e n s e 7 3 7 0 A b a n d o n e d C o n s t r u c t i o n - - - - - - - - - - - - C o n t r i b u t i o n s 10 0 . 0 0 0 0 % 2 8 . 0 1 8 4 % 1 3 . 1 2 6 4 % 0 . 0 0 4 4 % - 0 . 8 3 9 5 % - 1 7 . 5 2 8 4 % 2 . 1 5 8 0 % - - 3 8 . 3 2 5 0 % O t h e r N o n o p e r a t i n g - - - - - - - - - - - - All o w a n c e f o r F u n d s U s e d D u r i n g C o n s t r u c t i o n 7 3 4 0 - - - - - - - - - - - - Ot h e r I n c o m e A d j u s t m e n t s X X X X - - - - - - - - - - - - CO N F I D E N T I A L 9/ 2 0 / 2 0 1 8