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HomeMy WebLinkAbout2014Annual Report.pdfINL-T ANNUAL REPORT OF Ecr 7) fTi-;;z3 — C.. LUANNK.STINE 0.- INLAND TELEPHONE COMPANY P0 BOX 171 ROSLYN,WA 98941 . ADDRESS TO THE IDAHO PUBLIC UTILITIES COMMISSION FOR THE YEAR ENDED 2014 ANNUAL REPORT OF SMALL TELEPHONE COMPANIES TO THE IDAHO PUBLIC UTILITIES COMMISSION FOR THE YEAR ENDING COMPANY INFORMATION Exact name of utili$: Address of principal office: Telephone Number Area Code ( ) Cities or towns served: E-mailaddress: Name and title of otficer having custody of the general corporate books of account: Address of office where corporate books are kept and phone number: Organized under the laws of the State of: Date of organization: Form of organization (proprietorship, association, corporation): lf a Subchapter S Corporation, please specify: Name and address of controlling company, if any: Names of affiliated companies. Give address and description of business: OFFICERS Report below the title, name and office address of each general officer of the utility at the end of the year. lf there were any changes during the year, show the name, title, and address of the previous officer and the date of change. Address Rev 3/02 Page 1 ANNUAL REPORT OF SMALL TELEPHONE COMPANIES TO THE IDAHO PUBLIC UTILITIES COMMISSION FOR THE YEAR ENDING DECEMBER 31 ,2014 COMPANY INFORMATION Exact name of utility: lnland Telephone Company Address of principaloffice: 103 South Qgcond Street, Roslyn, Washington 98941 Telephone Number (509) 649-2211 Cities or towns served: Colton, Dewatto, Prescott, Roslyn, Ronald, & Uniontown, Washington & Gifford, Leon & Lenore, ldaho Name and title of officer having custody of the general corporate books of account: James K. Brooks, Treasurer Address of office where corporate books are kept and phone number: Same as principal office Organized under the laws of the State of: Washington Date of organization 07102163 Form of organization (proprietorship, association, corporation): Corporation lf a Subchapter S Corporation, please specify: N/A Name and address of controlling company, if ar Western Elite lncorporated Services, P.O. Box 687, Roslyn, Washington 98941 Names of affiliated companies. Give address and description of business (1) lnland Cellular Telephone Co. P.O. Box 688, Roslvn, WA 98941-cellular telephone company, (2) R & R Cable Co., P.O. Box 610, Roslyn, WA 98941-cable television company, (3) lnland Long Distance Telephone Company, P.O. Box 904, Roslyn, WA 98941-long distance resale, (4) Newport Hills Land Co., lnc., P.O. Box 687, Roslyn, WA-land company, (5) Easton Ridqe Land Co., lnc., P.O. Box 687, Roslyn, WA-land company, (6) R & R Heights Land Co., lnc., P.O. Box 687, Roslyn, WA-land company, (7) Moses Lake Views Land Co., lnc., P.O. Box 687, Roslyn, WA- land company, (8) Central Cascade Land Co., lnc. P.O. Box 687, Roslyn, WA 98941-land company OFFICERS Report below the title, name and office address of each general otficer of the utility at the end of the year. lf there were any changes during the year, show the name, title, and address of the previous officer and the date of change. Title Name Address PresidenWP Douglas W. Wgis P.O. Box 171, Roslyn, Washington 98941 Secretary Gregory A. Maras P.O. Box 171, Roslyn, Washington 98941 Treasurer James K. Brooks P.O. Box 171, Roslyn, Washington 98941 Vice President Nathan R. Weis P.O. Box 171, Roslyn, Washington 98941-No longer officer 12114 Rev 3/02 Page 1 '"rr"?'I:^"J3::, " Directors at any siven time durins the year: (Fees related to meetings only.) Name and Address Term Expired or Current Term Meetings Attended This year Douglas W. Weis Continuous 1 None Nathan R. Weis Continuous 1 None Gregory A. Maras Continuous 1 None James K. Brooks Continuous 1 None Name of Chairman of the Board: N/A Name of Secretary (or Clerk) of Board: Gregory A. Maras Number of Meetings of the Board during the year: 1 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.) Wages and Bonuses Paid Douglas W. Weis President Nathan R. Weis Vice President Gregory A. Maras Secretary James K. Brooks Treasurer Fees Paid Title Rev 3/02 Page2 prease provide important ,.,",.If,"1=,:;i",]:ffilti."j:"t":l-*y5}J,1.,,,,o. practices, extensions of 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. BALANCE SHEET Assets and Other Debits I file oI Account Current Assets Balance t egrnnrng ot Year --EB67A5- 2,450--84- ---T47E,6- Balance at End oI Year @ -re-0.r -00- Increase or (uecrease) 1120 1 130 1140 1 150 1 160 1 180 1 181 1 190 1 191 1200 1201 1210 1220 1280 1290 1 300 1310 1320 1 330 1 350 1401 1402 1406 1407 1408 1410 1438 1439 1 500 2001 2002 2003 2004 2005 2006 2007 3100 3200 3300 3400 3410 3420 3500 3600 Cash and Equivalents Cash Special Cash Deposits Working Cash Advances Temporary lnvestments Telecommunications Accts. Receivable Accts. Rec. Allow. -Telecommunications Other Accounts Receivable Accounts Receivable Allow. - Other Notes Receivable Notes Receivable Allowance lnterest & Dividends Receivable Materialand Supplies Prepayments Prepaid Rents Prepaid Taxes Prepaid lnsurance Prepaid Directory Expenses Other Prepayments Other Current Assets Noncurrent Assets lnvestment in Affiliated Companies lnvestment in Nonaffiliated Companies Nonregu lated I nvestments Unamortized Debt lssuance Expense Sinking Funds Other Noncurrent Assets Deferred Maintenance & Retirements Deferred Charges Other Jurisdiction Assets - Net Property, Plant and Equipment Telecommunications Plants in Service Prop. Held for Future Telecom. Use Telecom. Plant under Constr. - Short Term Telecom. Plant under Constr. - Long Term Telecom. Plant Adjustment Nonoperating Plant Goodwill Depreciation and Amortization Accounts Accumulated Depreciated Accum. Depre. - Held for Future Use Accumulated Depreciation - Nonoperating Accumulated Amortization - Tangible Accum. Amort. - Capitalized Leases Accum. Amort. - Leasehold lmprovements Accumulated Amortization - lntangible Accumulated Amortization - Other TOTAL ASSETS ww--J8-205- @ (503,617) -00- re (10,000) (10,000) 0 (28,542\ 4,161 45,718@ 51,453 1 ,606,180 5,735 (215,132\ -620- 22,848,876 27,004,739 -zi7@ @ 4,155,863 f28-m20I 16,816,407 17,845,159 -%- TE3EO- 136@ 12,546,804 Rev 3/02 Page 4 15,004,348 2,457,544 BALANCE SHEET Liabilities & Stockholders' Equity Title of Account 4010 4020 4030 4040 4050 4060 4070 4080 41 00 4110 4120 41 30 4210 4220 4230 4240 4250 4260 4270 4310 4320 4330 4340 4350 4360 4370 4510 4520 4530 4540 4550 Current Liabilities Accounts Payable Notes Payable Advance Billings and Payments Customer Deposits Current Maturities - Long -Term Debt Current Maturities - Capital leases lncome Taxes - Accrued Other Taxes - Accrued Net Current Defer. Oper. lncome Taxes Net Current Defer. Nonoper. lncome Taxes Other Accrued Liabilities Other Current Liabilities Long-Term Debt Funded Debt Premium on Long-Term Debt Discount on Long-Term Debt Reacquired Debt Obligations Under Capital Leases Advances from Affiliated Companies Other Long-Term Debt Other Liabilities & Deferred Credits Other Long-Term Liabilities Unamort. Oper. lnvest. Tax Credits - Net Unamort. Nonoper. lnvest. Tax Credits - Net Net Noncurrent Defer. Oper. lncome Taxes Net Noncur. Defer. Nonoper. lncome Taxes Other Deferred Credits Other Juris. Liab. & Def, Credits - Net Stockholders' Equity Capital Stock Additional Paid-ln Capital Treasury Stock Other Capital Retained Earnings TOTAL LIAB. & OTHER GREDITS Rev 3/02 Balance Beginning of Year 234,125 0 2,539 411,023 142,939 60,011 801,672 13,899 3,990,483 273,587 528,126 93,1 50 7,175 5,988,075 12,546,804 Balance at End of Year 872,783 2,329 448,400 98,938 342.640 14,031 !ncrease or (Decrease) 638,658 (210) 37,377 (44,001) (59,991) (459,032) 132 20 6,440,072 2.449.589 (273,587) 578,942 50,816 0 93,1 50 7,175 6,105,868 117,793 15,004,348 2,457,54 Page 5 o, I(,tIl\lrlolcrl*l oC'ao- N(o O)(r) c., "lerl" $1"1" No@ @(f, 1r) (", O)oNotr)oo lulul" ||1 "1""l$1"1" ul* "l$1" ElFls ol-lr)lNo_ls_o lc\Olro)l(o l. 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Minor amounts in Account 1406 may be grouped by classes. Description 1402-MCt 1 406-CPE/BldssA/ehicles/ Book Cost of Book Cost oflnvestments lnvestments Disposed of Held at Date Acquired This vear End of Year 2005 39,997 lnternet Equipment Various 1 ,606,180 Rural Telephone Finance Cooperative Capital Certificates 11,456 Totals 1,657,633 RECEIVABLES Itemize amounts show in Accounts 1 180, 1 190 and 1200. For notes receivable list each note separately and include the maturity date and interest rate. Minor amounts in Account 1210 may be combined. Amount at End of Year Name of Companv 1 180-Due From Customers Notes Receivable Accounts Receivable 92,509 1 190-Other A/R-lnterexchange Carriers & Exchange Carrier Association 375,541 1 1 90-Other A/R-Affiliated Companies 733.101 1190-Other tuR 80,142 Totals 1,281,293 Rev 3/02 Page 10 NOTES PAYABLE For Notes Payable, list each note separately and include the maturity date and interest rate. lnterest Name of Creditor Date of Note Rate Due Date Face Amount Totals ACCOUNTS PAYABLE Report below allAccounts Payable amounting to more than $100.00 Name of Creditor Trade Payables Amount 872,783 Totals 872,783 Rev 3/02 Page 11 s\lo sNNaN F*$o @o|f, t*No]f) lo (oo(o-oN s$o,oq GI $|r,q o/)lo(o (f)t-\I-@(o R936SoNo33-NcoPPRRSSRNNNN588NN83388EBg8rr-r(D@A-rA@@-IU|IE-(t) @ q q a co m d) a a d) (D d) m m co m m (I)]:)]ffFFF]]FFFtrFFFFtrtr tr t tr tr V. tr t tr tr t t tr lr lr lr tL LL LL (oN@-N$ so)$q N $o) @-o (o @ o.,(o s@(oaN lo(olo_ N@c\t Noro- (o lO(o_ t(or() o, sNo\ o ^l|r)o1r) 00(o N. rtro lr)cf)o)N(o so 'd F-roc\l sO)alo o(oN@(o(ooN (o N$o- @(o t-(o $- @AI o)(f)- (ot-(ot-@lr)N @ (f) $ Nol() o,@ ooo- @rr) @ @_(o N@ryo,l() ooo_ o)N -_ s@Nq N s @q N s(o d s \1() s(o@+ oF*a lr)s s$lJ) td s@s@s@q @ s o?(o st-srr)sN el3l ElElslol glthlolLIolEl er-'61tt E'Iol--- g Nl :ls ElEt aol EI .=l EI EI E') EEIfiilf>to El -E.fl|HdblL tr.CI<Et<t a LI =lrEl =l ol3lolol trlol aEl .E lll OIrlol o-goLI ooLoU, o! ooso N oo)oo- Nt-{- @@@-(o Nr.r)lr)_(ot-$- (O C')(o(f)- (f) (oo,o,(os(rr- (o O)o, @t(f)_ $ t*-(o\t Or- (o @o- l{)No-(\I (o N@- @(o(O @ (o- $o,(o !cfooo(U -co(I, 0) LoEogoP o)E'= oo -c(r, ottEttctrN6LC'PN7(\ltr Lt=ind:HR 5 A B H.i F t -oE6 s Es, $l -c.! J o c(tr- '^=$ 3C9 ;,EE _s = 9ao t>E E? H9s€aoE=floc'=.-(EE>o#E(E!oroo.s'= -Lb^866O)g =oo->-cEo'Eooo(,b9F=g6(5EE-aP96 '=fJRBgLooo:E>;Ef= @lr) @_ $N I\$trot-@ @. O)Nt- c{NrO o,@(\I Nl()o, $N(f) olr)a.los(') ooo. o)N(f, ooooNN ooo.t*sO) oo$s$sst@@r:rqSgRRRRRRR ---rrFrrFRRRRRRRRRRRRRRRRRRRR (o o, ro ro lr) o, I lo rr) lo rr, ro lo r (o (Y) t $ $ E E E E E E E E E E E E E F ii H H H H H o o o_ o_ o- o o o- o- o- o- o- o- o = o o 6) = o) o 8o Fo TU E.olroYz30 grrld r-)c)lrot CAPITAL STOCK Report below the particulars called for oncerning common and preferred stock at end of year, designating separate series of any general class. Show totals separately for common and preferred. For each class of preferred stock, show the dividend rate and whether dividends are cumulative or noncumulative. Show details in a footnote of capital stock sold during the year. lnclude number of shares, consideration received, premium or discount, and expenses incurred. Number of Shares Par Value Authorized per Share Outstanding per Balance Sheet Class & Series of Stock Common Stock 't0,000 10 Shares Amount 9,315 93,1 50 Rev 3/02 Page 13 INCOME & RETAINED EARNINGS STATEMENT Item TotalCompany ldaho Only TotalOperating lncome (from page 15) TotalOperating Expenses (from page 17) 7100 Other Operating lncome and Expense 7210 Operating lnvestment Tax Credits-Net 7220 Operating Federal lncome Taxes 7230 Operating State and Local lncome Taxes 7240 Operating Other Taxes 7250 Provision for Deferred Operating lncome Taxes-Net 7200 Operating Taxes (Total) 7310 Dividend lncome 7320 lnterest lncome 7330 lncome from Sinking and Other Funds 7340 Allowance for Funds Used During Construction 7350 Gains/Losses from the Disposition of Certain Property 7360 Other Nonoperating lncome 7370 SpecialCharges7300 Nonoperating lncome and Expense 7410 Nonoperating lnvestment Tax Credits-Net 7420 Nonoperating Federal lncome Taxes 7430 Nonoperating State and Local lncome Taxes 7440 Nonoperating Other Taxes 7450 Provision for Deferred Nonoperating lncome Taxes-Net 7400 Nonoperating Taxes 7510 lntereston Funded Debt 7520 lnterest Expense-Capital Leases 7530 Amortization of Debt lssuance Expense 7540 Other lnterest Deductions 7500 lnterest and Related ltems 7610 Extraordinary lncome Credits 7620 Extraordinary lncome Charges 7630 Current lncome Tax Effect of Extraordinary ltems-Net 7640 Provision for Deferred lncome Tax Effect of Extraordinary ltems:Net 7600 Extraordinary ltems 7910 lncome Effect of Jurisdictional Ratemaking Ditferences-Net 7990 Nonregulated Net lncome AMOUNT TRANSFERRED TO RETAINED EARNINGS Rev 3/02 4,968,903 5,052,182 (170,129) 0 139,873 4g,ggg 19,742 2,436 378 30.457 9.965 (15,066) 28,170 170,129 1,504 171,633 144,819 10.098 154,917 520,587 _____11-1L99_ Page 14 71 5,1 66 706,564 (1,722) 60 24,528 (12,646) 10,220 4,783 0 1,118 (1,691) 4,483 1,722 1,722 22,741 1,599 24,330 5,365 (17,8221 ltem OPERATING REVENUES TotalCompany ldaho Only Local Network Services Revenues 5001 Basic Area Revenue 5002 Optional Extended Area Revenue 5003 Cellular Mobile Revenue 5004 Other Mobile Services Revenue 5010 Public Telephone Revenue 5040 Local Private Line Revenue 5050 Customer Premises Revenue 5060 Other Local Exchange Revenue 573,764 93,368 5069 Other Local Exchange Settlements 101,591 11,462 Network Access Services Revenues 5081 End User Revenue (SLC) 234,568 26,831 5082 Switched Access Revenue (lnterstate) 1,952,904 367,985 106 5083 Special Access Revenue 5084 State Access Revenue (lntrastate) Long Distance Network Services Revenues 150,006 382,705 5100 Long Distance Message Revenue - All (1,216) (59) Miscellaneous Revenues 5230 Directory Revenue 5240 Rent Revenue 5250 Corporate Operations Revenue 5261 Special Billing Arrangements Revenue 5262 Customer Operations Revenue 5263 Plant Operations Revenue 5264 Other lncidental Regulated Revenue 5269 Other Revenue Settlements 5270 Carrier Billing & Collection Revenue Uncollectible Revenues 5301 Uncollectible Revenue - Telecommunications 5302 Uncollectible Revenue - Other TOTAL OPERATING REVENUES 8,269 32,884 27.821 15,735 51.444 7,139 4,968,902 715,166 Please identify the following revenues: NECA USF $384519 To what account were they booked? A/C 5082.13-lnterstate Switched Access Revenue-USF (ldaho only) State USF $27,604 To what account were they booked? A/C 5084.DffiGie Switched Access Revenue-USF (ldaho only) 1,609,51 1 44,171 1,043 1,690 5,080 Rev 3/02 Page 15 OPERATING REVENUES Item Total Company ldaho Only Plant Specific Operations Expense 61 10 Network Support Expenses 6'1 12 Motor Vehicle Expense 6113 Aircraft Expense 6114 Special Purpose Vehicles Expense 6115 Garage Work Equipment Expense 6116 Other Work Equipment Expense 6120 General Support Expenses 6121 Land and Building Expenses 6122 Furniture and Artworks Expense 6123 Office Equipment Expense 6124 General Purpose Computers Expense 6210 Central Office Switching Expenses 6211 Analog Electronic Expense 6212 Digital Electronic Expense 621 5 Electro-Mechanical Expense 6220 Operators System Expense 6230 Central Office Transmission Expenses 6231 Radio Systems Expense 6232 Circuit Equipment Expense 631 0 lnformation Origination/Termination Expense 6311 Station Apparatus Expense 6341 Large Private Branch Exchange Expense 6351 Public Telephone Terminal Equipment Expense 6362 Other Terminal Equipment Expense 6410 Cable and Wire Facilities Expenses 6411 Pole Expense 6421 Aerial Cable Expense 6422 Underground Cable Expense 6423 Buried Cable Expense 6424 Submarine Cable Expense 6425 Deep Sea Cable Expense 6426 lntrabuilding Network Cable Expense 6431 Aerial Wire Expense 6441 Conduit Systems Expense 46,840 5,184 488 284,697 56,459 21,609 4,288 218,739 43,402 204,035 30,715 347,194 34,680 1.744 4,304 50,555 176 4,435 581,722 108,104 193 54 368511 TOTAL PLANT SPECIFIC OPERATIONS EXPENSE 1,762,438 Rev 3/02 Page 16 288,058 !tem OPERATING REVENUES IotalCompany ldaho Only Plant Nonspecific Operations Expense 651 0 Other Property/PlanUEquipment Expenses 6511 Property Held for Future Telecomm. Use Expenses 6512 Provisioning Expense 6530 Network Operations Expense 6531 Power Expense 6532 Network Administration Expense 6533 Testing Expense 6534 Plant Operations Administration Expense 6535 Engineering Expense 6540 Access Expense 6560 Depreciation and Amortization Expenses 6561 Depreciation Expense-Telecom. Plant in Service 6562 Depreciation Expense-Property Held for Future Use 6563 Amortization Expense - Tangible 6564 Amortization Expense - lntangible 6565 Amortization Expense - Other Total Plant Nonspecific Operations Expenses 3,008 5,647 154,465 23,869 7,364 1,138 137,388 19,221 1,346,799 162,795 1,743,515 219,901 1,030 65,1 03 66,774 32,018 52.460 2.891 75,685 10,490 16,303 2,259 31,713 131,831 3,636 37,674 19,645 36,542 3,661 182 Customer Operations Expense 6610 Marketing 9,177 6611 Product Management 6612 Sales 661 3 Product Advertising 6620 Services 6621 Call Completion Services 6622 Number Services 6623 Customer Services Total Customer Operations Expense Corporate Operations Expense 6710 Executive and Planning 6711 Executive 6712 Planning 6720 General and Administrative 6721 Accounting and Finance 67 22 External Relations 6723 Human Resources 67 24 lnformation Management 6725 Legal 6726 Procurement 6727 Research and Development 6728 Other General and Administrative 6790 Provision for Uncollectible Notes Receivable Tota! Corporate Operations Expense TOTAL OPERATING EXPENSES Rev 3/02 5.712 580,141 595,029 231.021 378,513 20,860 228,818 951,200 641 Page 17 5,052,182 706,564 roNRSR-xoa 6.cilE (,tr Bat4 -U,c!oU,xo eLe'aJ-a6 lo1., -.l=ts Pl= flflorl E gl F-c@l 6'6 l+ =lrml , -b- =Pk>J+ xEEE<$z o$EPNoo)-o .Ydp lol.' r^g Pl=Eo -Jl HPI -N&."1 EIJ I o E(DL=co>-r+ @ oo)o(L Eo) .9.coz Lo Eq) -c,9 -ofo-coz .E =oL.. 0)OCED:,89 .!! iJ:a99Qo+loEoz sN Eolol frll eI I seI I ;E(E'Eo8 .i o=Y Eo': O ?= a6g=OXg a\gE E E EE=: PTt!LLfirr 8€€ .6EE EE= s-O-- f,Et a833 ,3:E 'e sN oo!ahb I e =orE:')hi.=oc-C/\cFc-oo'6,=!looO.Ylcd]ZouJ ooooo o Eo o o o o (!(J ,6 oso ooo-.+fotu Eo ooc x olrEl s"lslol olI .=lo:l| ;l:l EI E,ol(/,olo<lo jJcL'= o.6 I.,l(l) a! '-l()Ear' LL,^r=Og t e -lEcO!i/Dtro si90(I)o o@Tt =l=l rifrL.I Eoa-OaEl i e e o5l o-i=o;l ,.; g ; 5;t Eg p E -oot.= - : ! o.glJ q at C) F pl E* l: E Etil a 5 .e I o-616a -o E Eol f . 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Maras, SecretaryWE, the undersigned and James K. Brooks, Treasurer of the lnland Telephone Company 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. PAilETA R. NELSON T{OTARY PUELIC SIATE OF WAS}IINGTOII C0tatllSSON EXPTRES R9My Commission expires Sa.p\- Q, JO \S Rev 3/02 Page 21 --2Secretary Trbasurer Subscribed and Sworn to Before Me this q day of Ql"f t ,2015 Notary Public Pamela R. 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