201306012000Annual Report.pdf

RECEIVED @
FILED O
ANNUAL REPOR'"
di llea COMMISSION
OF
MIDVALE TELEPHONE EXCHANGE,INC.
NAME
P.O.BOX 7,MIDVALE,IDAHO 83645
ADDRESS
TO THE
IDAHO PUBLIC
UTILITIES COMMISSION
FOR THE
YEAR ENDED DECEMBER 31,2000
ANNUAL REPORT OF SMALL TELEPHONE COMPANIES TO
THE IDAHO PUBLIC UTILITIES COMMISSION
FOR THE YEAR ENDING DECEMBER 31,2000
Exact name of utility:Midvale Telephone Exchange,Inc.
Address of principal office:P.O.Box 7,Midvale,Idaho,83645
Telephone Number (Area Code 208)355-2211
Cities or towns served:Midvale,Lakeview,Warren,Yellow Pine and Warm Lake,Idaho;
Harper and Juntura,Oregon and Cascabel and Young,Arizona
Name and title of officer having custody of the general corporate books of account:
Lane R.Williams,P.O.Box 7,Midvale,Idaho,83645
Address of office where corporate books are kept and phone number:[phone]
Organized under the laws of the State of Idaho
Date of organization:January 9,1908
Form of organization:Corporation
If a Subchapter S Corporation,please specify:N/A
Name and address of controlling company,if any:N/A
Names of affiliated companies.Give address and description of business:M &L Enterprises,Inc.
P.O.Box 7,Midvale Idaho 83645.Property leasing,constructions and CLEC in Washington.
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
President/General Manager Lane R.Williams P.O.Box 7,Midvale,Idaho,83645
Secretary/Treasurer Mary G.Williams P.O.Box 7,Midvale,Idaho,83645
Vice President Shirley Archer P.O.Box 7,Midvale,Idaho,83645
Last updated 8/99 Page 1
DIRECTORS
List the name of each person who was a member of the Board of Directors at any given time during the year:(Fees related to meetings only).
Term Expired Meetings
or Current Term Attended Fees Paid
Name and Address Will Expire:This Year Durinq Year
Lane R.Williams All None
Mary G.Williams All None
Shirley C.Archer All None
Name of Chairman of the Board:Lane R.Williams
Name of Secretary (or Clerk)of Board:Mary G.Williams
Number of Meetings of the Board during the year:Two
MANAGERS
List the name of each person who performed management duties for the Company during the year,and the total
of wages and bonuses paid to those persons:(Do not include Director Fees in these amounts).
Wages and
Name Title Bonuses Paid
Lane R.Williams President 60,748
Mary G.Williams Sec./Treasury 47,512
Shirley C.Archer Vice President 25,846
John Stuart Manager 69,331
Karen Williams Manager 63,947
Revised 8/99 Page 2
NOTES TO THE FINANCIAL STATEMENTS
Per Idaho PUC Order merging Sawtooth Telephone Company's operations with it's parent,Midvale Telephone
Exchange,Inc.,the financial statements and all other reports herein reflect their combined operations.
The deferred taxes have been restated for prior years to record the tax benefit attributed to related net
operating losses.The result of this restatement increasesthe 1999 net income by $182,859 and prior
period retained earnings by $103,375.
Revised 8/99 Page 3
BALANCE SHEET
Assets and Other Debits
Balance Balance IncreaseBeginningatEndorTitleofAccountofYearofYear(Decrease)
Current Assets
1120 Cash and Equivalents $271,450 $300,408 $28,958
1130 Cash
1140 Special Cash Deposits
1150 Working Cash Advances
1160 Temporary Investments
1180 Telecommunications Accounts Receivable 147,026 162,702 15,676
1181 Accts.Rec.Allow.-Telecommunications
1190 Other Accounts Receivable 470,393 676,673 206,280
1191 Accounts Receivable Allowance -Other
1200 Notes Receivable
1201 Notes Receivable Allowance
1210 Interest &Dividends Receivable
1220 Material and Supplies 164,800 166,110 1,310
1280 Prepayments 7,356 8,719 1,363
1290 Prepaid Rents
1300 Prepaid Taxes
1310 Prepaid Insurance
1320 Prepaid Directory Expenses
1330 Other Prepayments
1350 Other Current Assets 3,173 4,827 1,654NoncurrentAssets
1401 Investment in Affiliated Companies 140,050 140,050
1402 Investment in Nonaffiliated Companies 237,337 214,500 (22,837)
1406 Nonregulated Investments
1407 Unamortized Debt Issuance Expense
1408 Sinking Funds
1410 Other Noncurrent Assets 283,098 501,217 218,119
1438 Deferred Maintenance &Retirements
1439 Deferred Charges 112,099 149,718 37,619
1500 Other Jurisdiction Assets -Net
Property,Plant and Equipment
2001 Telecommunications Plant In Service 14,977,174 15,507,623 530,449
2002 Prop.Held for Future Telecomm.Use
2003 Telecom.Plant Under Constr.-Short Term 70,678 70,678
2004 Telecom.Plant Under Constr.-Long Term
2005 Telecommunications Plant Adjustment 1,297,232 1,162,836 (134,396)
2006 Nonoperating Plant
2007 GoodwillDepreciation and Amortization Accounts
3100 Accumulated Depreciation (7,221,027)(8,279,285)(1,058,258)
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 $10,750,111 $10,786,776 $36,665
Revised 8/99 Page 4
BALANCE SHEET
Liabilities &Stockholders'Equity
Balance Balance Increase
Beginning at End or
Title of Account of Year of Year (Decrease)
Current Liabilities
4010 Accounts Payable $200,721 $300,054 $99,333
4020 Notes Payable 301,000 286,000 (15,000)
4030 Advance Billings and Payments
4040 Customer Deposits 2,550 1,453 (1,097)
4050 Current Maturities -Long-Term Debt 486,707 458,620 (28,087)
4060 Current Maturities -Capital Leases 32,366 32,366
4070 Income Taxes -Accrued 20 20 -
4080 Other Taxes -Accrued 110,886 79,747 (31,139)
4100 Net Current Defer.Oper.Income Taxes
4110 Net Current Defer.Nonoper.Income Taxes
4120 Other Accrued liabilities -
4130 Other Current Liabilities 64,463 59,969 (4,494)
Long-Term Debt
4210 Funded Debt
4220 Premium on Long-Term Debt
4230 Discount on Long-Term Debt
4240 Reacquired Debt
4250 Obligations Under Capital Leases 17,898 17,898
4260 Advances from Affiliated Companies
4270 Other Long-Term Debt 7,202,793 6,755,931 (446,862)
Other Liabilities and 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 367,243 599,810 232,567
4350 Net Noncur.Defer.Nonoper.Income Taxes -
4360 Other Deferred Credits
4370 Other Juris.Liab.&Def.Credits -Net
Stockholders'Equity
4510 Capital Stock 25,000 25,000 -
4520 Additional Paid-in Capital 7,910 7,910 -
4530 Treasury Stock (64,000)(64,000)-
4540 Other Capital -
4550 Retained Earnings 2,044,818 2,225,998 181,180
Total Liabilities &Other Credits $10,750,111 $10,786,776 $36,665
Revised 8/99 Page 5
AN
A
L
Y
S
I
S
OF
TE
L
E
C
O
M
M
U
N
I
C
A
T
I
O
N
S
PL
A
N
T
IN
SE
R
V
I
C
E
TO
T
A
L
CO
M
P
A
N
Y
BA
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
q
Ye
a
r
or
So
l
d
Ad
¡
u
s
t
m
e
n
t
s
of
Ye
a
r
AN
A
L
Y
S
I
S
OF
TE
L
E
C
O
M
M
U
N
I
C
A
T
I
O
N
S
PL
A
N
T
IN
SE
R
V
I
C
E
21
1
1
La
n
d
$
10
1
,
8
0
5
$
10
1
,
8
0
5
21
1
2
Mo
t
o
r
Ve
h
i
c
l
e
s
49
3
,
5
7
1
49
3
,
5
7
1
21
1
3
Ai
r
c
r
a
f
t
21
1
4
Sp
e
c
i
a
l
Pu
r
p
o
s
e
Ve
h
i
c
l
e
s
21
1
5
Ga
r
a
g
e
Wo
r
k
Eq
u
i
p
m
e
n
t
21
1
6
Ot
h
e
r
Wo
r
k
Eq
u
i
p
m
e
n
t
47
3
,
4
3
6
6,
7
8
2
48
0
,
2
1
8
21
2
1
Bu
i
l
d
i
n
g
s
63
2
,
1
5
8
9,
1
6
2
64
1
,
3
2
0
21
2
2
Fu
r
n
i
t
u
r
e
71
,
0
6
4
71
,
0
6
4
21
2
3
Of
f
i
c
e
Eq
u
i
p
m
e
n
t
3,
3
4
8
3,
3
4
8
21
2
4
Ge
n
e
r
a
l
Pu
r
p
o
s
e
Co
m
p
u
t
e
r
s
26
5
,
3
3
2
71
,
3
2
5
33
6
,
6
5
7
22
1
1
An
a
l
o
g
El
e
c
t
r
o
n
i
c
Sw
i
t
c
h
i
n
g
22
1
2
Di
g
i
t
a
l
El
e
c
t
r
o
n
i
c
Sw
i
t
c
h
i
n
g
2,
7
5
9
,
2
0
9
24
,
8
5
8
2,
7
8
4
,
0
6
7
22
1
5
El
e
c
t
r
o
-
M
e
c
h
a
n
i
c
a
l
Sw
i
t
c
h
i
n
g
22
2
0
Op
e
r
a
t
o
r
Sy
s
t
e
m
s
22
3
1
Ra
d
i
o
Sy
s
t
e
m
s
22
3
2
Ci
r
c
u
i
t
eq
u
i
p
m
e
n
t
3,
0
5
9
,
1
7
3
19
1
,
3
2
7
3,
2
5
0
,
5
0
0
23
1
1
St
a
t
i
o
n
Ap
p
a
r
a
t
u
s
27
,
2
3
2
27
,
2
3
2
23
2
1
Cu
s
t
o
m
e
r
Pr
e
m
i
s
e
s
Wi
r
i
n
g
23
4
1
La
r
g
e
Pr
i
v
a
t
e
Br
a
n
c
h
Ex
c
h
a
n
g
e
s
23
5
1
Pu
b
l
i
c
Te
l
e
p
h
o
n
e
Te
r
m
i
n
a
l
Eq
u
i
p
m
e
n
t
36
,
1
8
7
36
,
1
8
7
23
6
2
Ot
h
e
r
Te
r
m
i
n
a
l
Eq
u
i
p
m
e
n
t
24
1
1
Po
l
e
s
24
2
1
Ae
r
i
a
l
Ca
b
l
e
24
2
2
Un
d
e
r
g
r
o
u
n
d
Ca
b
l
e
24
2
3
Bu
r
i
e
d
Ca
b
l
e
7,
0
5
4
,
6
5
9
22
6
,
9
9
7
7,
2
8
1
,
6
5
6
24
2
4
Su
b
m
a
r
i
n
e
Ca
b
l
e
24
2
6
In
t
r
a
b
u
i
l
d
i
n
g
Ne
t
w
o
r
k
Ca
b
l
e
24
3
1
Ae
r
i
a
l
Wi
r
e
24
4
1
Co
n
d
u
i
t
Sy
s
t
e
m
s
26
8
1
Ca
p
i
t
a
l
Le
a
s
e
s
26
8
2
Le
a
s
e
h
o
l
d
Im
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
Pl
a
n
t
Ac
c
o
u
n
t
s
$
14
,
9
7
7
,
1
7
4
$
53
0
,
4
5
1
$
-
$
-
$
15
,
5
0
7
,
6
2
5
Re
v
i
s
e
d
8/
9
9
Pa
g
e
6
AN
A
L
Y
S
I
S
OF
TE
L
E
P
H
O
N
E
PL
A
N
T
AC
C
O
U
N
T
S
ID
A
H
O
OP
E
R
A
T
I
O
N
S
ON
L
Y
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
q
Ye
a
r
or
So
l
d
Ad
¡
u
s
t
m
e
n
t
s
of
Ye
a
r
AN
A
L
Y
S
I
S
OF
TE
L
E
C
O
M
M
U
N
I
C
A
T
I
O
N
S
PL
A
N
T
IN
SE
R
V
I
C
E
21
1
1
La
n
d
$
77
,
3
6
1
$
77
,
3
6
1
21
1
2
Mo
t
o
r
Ve
h
i
c
l
e
s
43
9
,
2
0
6
43
9
,
2
0
6
21
1
3
Ai
r
c
r
a
f
t
21
1
4
Sp
e
c
i
a
l
Pu
r
p
o
s
e
Ve
h
i
c
l
e
s
21
1
5
Ga
r
a
g
e
Wo
r
k
Eq
u
i
p
m
e
n
t
21
1
6
Ot
h
e
r
Wo
r
k
Eq
u
i
p
m
e
n
t
45
1
,
4
5
6
6,
7
8
2
45
8
,
2
3
8
21
2
1
Bu
i
l
d
i
n
g
s
60
2
,
4
3
0
9,
1
6
1
61
1
,
5
9
1
21
2
2
Fu
r
n
i
t
u
r
e
70
,
5
6
4
70
,
5
6
4
21
2
3
Of
f
i
c
e
Eq
u
i
p
m
e
n
t
3,
3
4
8
3,
3
4
8
21
2
4
Ge
n
e
r
a
l
Pu
r
p
o
s
e
Co
m
p
u
t
e
r
s
25
6
,
3
8
9
71
,
3
2
4
32
7
,
7
1
3
22
1
1
An
a
l
o
g
El
e
c
t
r
o
n
i
c
Sw
i
t
c
h
i
n
g
22
1
2
Di
g
i
t
a
l
El
e
c
t
r
o
n
i
c
Sw
i
t
c
h
i
n
g
1,
9
7
9
,
8
4
0
10
8
,
1
4
4
2,
0
8
7
,
9
8
4
22
1
5
El
e
c
t
r
o
-
M
e
c
h
a
n
i
c
a
l
Sw
i
t
c
h
i
n
g
22
2
0
Op
e
r
a
t
o
r
Sy
s
t
e
m
s
22
3
1
Ra
d
i
o
Sy
s
t
e
m
s
22
3
2
Ci
r
c
u
i
t
Eq
u
i
p
m
e
n
t
1,
0
0
6
,
8
5
1
1,
0
0
6
,
8
5
1
23
1
1
St
a
t
i
o
n
Ap
p
a
r
a
t
u
s
2,
1
0
7
,
0
8
3
2,
1
0
7
,
0
8
3
23
2
1
Cu
s
t
o
m
e
r
Pr
e
m
i
s
e
s
Wi
r
i
n
g
23
4
1
La
r
g
e
Pr
i
v
a
t
e
Br
a
n
c
h
Ex
c
h
a
n
g
e
s
23
5
1
Pu
b
l
i
c
Te
l
e
p
h
o
n
e
Te
r
m
i
n
a
l
Eq
u
i
p
m
e
n
t
27
,
3
9
9
27
,
3
9
9
23
6
2
Ot
h
e
r
Te
r
m
i
n
a
l
Eq
u
i
p
m
e
n
t
24
1
1
Po
l
e
s
24
2
1
Ae
r
i
a
l
Ca
b
l
e
24
2
2
Un
d
e
r
g
r
o
u
n
d
Ca
b
l
e
24
2
3
Bu
r
i
e
d
Ca
b
l
e
4,
5
8
6
,
5
5
7
14
0
,
2
9
7
4,
7
2
6
,
8
5
4
24
2
4
Su
b
m
a
r
i
n
e
Ca
b
l
e
24
2
6
In
t
r
a
b
u
i
l
d
i
n
g
Ne
t
w
o
r
k
Ca
b
l
e
24
3
1
Ae
r
i
a
l
Wi
r
e
24
4
1
Co
n
d
u
i
t
Sy
s
t
e
m
s
26
8
1
Ca
p
i
t
a
l
Le
a
s
e
s
26
8
2
Le
a
s
e
h
o
l
d
Im
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
Pl
a
n
t
Ac
c
o
u
n
t
s
$
11
,
6
0
8
,
4
8
4
$
33
5
,
7
0
8
$
-
$
-
$
11
,
9
4
4
,
1
9
2
Re
v
i
s
e
d
8/
9
9
Pa
g
e
7
AN
A
L
Y
S
I
S
OF
EN
T
R
I
E
S
IN
AC
C
U
M
U
L
A
T
E
D
DE
P
R
E
C
I
A
T
I
O
N
Ac
c
o
u
n
t
31
0
0
TO
T
A
L
CO
M
P
A
N
Y
BA
S
I
S
Ba
l
a
n
c
e
Cr
e
d
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
*
&
Ad
j
u
s
t
m
e
n
t
s
of
Ye
a
r
AN
A
L
Y
S
I
S
OF
EN
T
R
I
E
S
IN
AC
C
U
M
U
L
A
T
E
D
DE
P
R
E
C
I
A
T
I
O
N
21
1
2
Mo
t
o
r
Ve
h
i
c
l
e
s
$
32
1
,
0
2
3
60
,
3
3
6
$
38
1
,
3
5
9
21
1
3
Ai
r
c
r
a
f
t
21
1
4
Sp
e
c
i
a
l
Pu
r
p
o
s
e
Ve
h
i
c
l
e
s
Al
l
Va
r
21
1
5
Ga
r
a
g
e
Wo
r
k
Eq
u
i
p
m
e
n
t
21
1
6
Ot
h
e
r
Wo
r
k
Eq
u
i
p
m
e
n
t
37
7
,
5
3
8
44
,
7
7
7
42
2
,
3
1
5
21
2
1
Bu
i
l
d
i
n
g
s
18
4
,
1
4
7
19
,
4
1
9
20
3
,
5
6
6
21
2
2
Fu
r
n
i
t
u
r
e
62
,
8
8
0
4,
7
2
3
67
,
6
0
3
21
2
3
Of
f
i
c
e
Eq
u
i
p
m
e
n
t
21
2
4
Ge
n
e
r
a
l
Pu
r
p
o
s
e
Co
m
p
u
t
e
r
s
17
9
,
4
7
6
37
,
7
0
1
21
7
,
1
7
7
22
1
1
An
a
l
o
g
El
e
c
t
r
o
n
i
c
Sw
i
t
c
h
i
n
g
22
1
2
Di
g
i
t
a
l
El
e
c
t
r
o
n
i
c
Sw
i
t
c
h
i
n
g
1,
3
1
0
,
1
8
6
28
6
,
8
0
9
1,
5
9
6
,
9
9
5
22
1
5
El
e
c
t
r
o
-
M
e
c
h
a
n
i
c
a
l
Sw
i
t
c
h
i
n
g
22
2
0
Op
e
r
a
t
o
r
Sy
s
t
e
m
s
22
3
1
Ra
d
i
o
Sy
s
t
e
m
s
22
3
2
Ci
r
c
u
i
t
Eq
u
i
p
m
e
n
t
1,
7
6
8
,
7
0
8
21
7
,
4
5
4
1,
9
8
6
,
1
6
2
23
1
1
St
a
t
i
o
n
Ap
p
a
r
a
t
u
s
16
,
7
9
7
16
,
7
9
7
23
2
1
Cu
s
t
o
m
e
r
Pr
e
m
i
s
e
s
Wi
r
i
n
g
23
4
1
La
r
g
e
Pr
i
v
a
t
e
Br
a
n
c
h
Ex
c
h
a
n
g
e
s
23
5
1
Pu
b
l
i
c
Te
l
e
p
h
o
n
e
Te
r
m
i
n
a
l
Eq
u
i
p
m
e
n
t
36
,
1
8
6
36
,
1
8
6
23
6
2
Ot
h
e
r
Te
r
m
i
n
a
l
Eq
u
i
p
m
e
n
t
24
1
1
Po
l
e
s
24
2
1
Ae
r
i
a
l
Ca
b
l
e
24
2
2
Un
d
e
r
g
r
o
u
n
d
Ca
b
l
e
24
2
3
Bu
r
i
e
d
Ca
b
l
e
2,
9
6
4
,
0
8
6
38
7
,
0
4
0
3,
3
5
1
,
1
2
6
24
2
4
Su
b
m
a
r
i
n
e
Ca
b
l
e
24
2
6
In
t
r
a
b
u
i
l
d
i
n
g
Ne
t
w
o
r
k
Ca
b
l
e
24
3
1
Ae
r
i
a
l
Wi
r
e
24
4
1
Co
n
d
u
i
t
Sy
s
t
e
m
s
To
t
a
l
$
7,
2
2
1
,
0
2
7
$
1,
0
5
8
,
2
5
9
$
-
$
8,
2
7
9
,
2
8
6
*P
l
e
a
s
e
li
s
t
in
d
i
v
i
d
u
a
l
de
p
r
e
c
i
a
t
i
o
n
ra
t
e
fo
r
ea
c
h
ac
c
o
u
n
t
.
Re
v
i
s
e
d
8/
9
9
Pa
g
e
8
AN
A
L
Y
S
I
S
OF
EN
T
R
I
E
S
IN
AC
C
U
M
U
L
A
T
E
D
DE
P
R
E
C
I
A
T
I
O
N
Ac
c
o
u
n
t
31
0
0
ID
A
H
O
OP
E
R
A
T
I
O
N
S
ON
L
Y
Ba
l
a
n
c
e
Cr
e
d
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
*
Y_
e
a
r
Ad
j
u
s
t
m
e
n
t
s
of
Ye
a
r
AN
A
L
Y
S
I
S
OF
EN
T
R
I
E
S
IN
AC
C
U
M
U
L
A
T
E
D
DE
P
R
E
C
I
A
T
I
O
N
21
1
2
Mo
t
o
r
Ve
h
i
c
l
e
s
$
28
1
,
1
9
8
25
%
54
,
1
1
6
$
33
5
,
3
1
4
21
1
3
Ai
r
c
r
a
f
t
21
1
4
Sp
e
c
i
a
l
Pu
r
p
o
s
e
Ve
h
i
c
l
e
s
21
1
5
Ga
r
a
g
e
Wo
r
k
Eq
u
i
p
m
e
n
t
21
1
6
Ot
h
e
r
Wo
r
k
Eq
u
i
p
m
e
n
t
33
4
,
1
6
5
20
%
44
,
7
7
7
37
8
,
9
4
2
21
2
1
Bu
i
l
d
i
n
g
s
12
4
,
0
7
7
3%
18
,
4
7
9
14
2
,
5
5
6
21
2
2
Fu
r
n
i
t
u
r
e
54
,
1
6
4
14
%
4,
6
5
2
58
,
8
1
6
21
2
3
Of
f
i
c
e
Eq
u
i
p
m
e
n
t
3,
3
4
8
14
%
3,
3
4
8
21
2
4
Ge
n
e
r
a
l
Pu
r
p
o
s
e
Co
m
p
u
t
e
r
s
15
1
,
0
5
7
20
%
36
,
0
1
2
18
7
,
0
6
9
22
1
1
An
a
l
o
g
El
e
c
t
r
o
n
i
c
Sw
i
t
c
h
i
n
g
22
1
2
Di
g
i
t
a
l
El
e
c
t
r
o
n
i
c
Sw
i
t
c
h
i
n
g
96
4
,
4
2
6
13
%
20
9
,
1
5
8
1,
1
7
3
,
5
8
4
22
1
5
El
e
c
t
r
o
-
M
e
c
h
a
n
i
c
a
l
Sw
i
t
c
h
i
n
g
22
2
0
Op
e
r
a
t
o
r
Sy
s
t
e
m
s
22
3
1
Ra
d
i
o
Sy
s
t
e
m
s
22
3
2
Ci
r
c
u
i
t
Eq
u
i
p
m
e
n
t
79
8
,
6
9
0
10
%
16
5
,
8
2
6
96
4
,
5
1
6
23
1
1
St
a
t
i
o
n
Ap
p
a
r
a
t
u
s
16
,
7
9
7
16
,
7
9
7
23
2
1
Cu
s
t
o
m
e
r
Pr
e
m
i
s
e
s
Wi
r
i
n
g
23
4
1
La
r
g
e
Pr
i
v
a
t
e
Br
a
n
c
h
Ex
c
h
a
n
g
e
s
23
5
1
Pu
b
l
i
c
Te
l
e
p
h
o
n
e
Te
r
m
i
n
a
l
Eq
u
i
p
m
e
n
t
11
,
6
8
4
11
,
6
8
4
23
6
2
Ot
h
e
r
Te
r
m
i
n
a
l
Eq
u
i
p
m
e
n
t
24
1
1
Po
l
e
s
24
2
1
Ae
r
i
a
l
Ca
b
l
e
24
2
2
Un
d
e
r
g
r
o
u
n
d
Ca
b
l
e
24
2
3
Bu
r
i
e
d
Ca
b
l
e
1,
8
8
9
,
3
3
2
7%
27
7
,
0
6
7
2,
1
6
6
,
3
9
9
24
2
4
Su
b
m
a
r
i
n
e
Ca
b
l
e
24
2
6
In
t
r
a
b
u
i
l
d
i
n
g
Ne
t
w
o
r
k
Ca
b
l
e
24
3
1
Ae
r
i
a
l
Wi
r
e
24
4
1
Co
n
d
u
i
t
Sy
s
t
e
m
s
To
t
a
l
$
3,
8
8
0
,
1
6
6
$
81
0
,
0
8
7
$
-
$
5,
4
3
9
,
0
2
6
*P
l
e
a
s
e
lis
t
in
d
i
v
i
d
u
a
l
de
p
r
e
c
i
a
t
i
o
n
ra
t
e
fo
r
ea
c
h
ac
c
o
u
n
t
.
Re
v
i
s
e
d
8/
9
9
Pa
g
e
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.
BookCostof BookCostof
Investments Investments
Disposed of Held at
Description Date Acquired Durinq Year End of Year
Idaho Company 3,000
Radio Shack Franchise 5,000
RTFC 180,500
Western Teledata 2,000
System Seven 14,000
Snake River Cellular 39,187
Castle Rock Cellular 2000 10,000
Note Receivable Rural Network Services 2000 325,000
Net Non-regulated Cable TV and Internet plant 176,217
Totals 39,187 715,717
RECEIVABLES
Itemize amounts shown 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 Year
Notes Accounts
Name of Company Receivable Receivable
NECA 234,103
Idaho Universal Fund 32,503
OECA 2,297
Rural Network Services,Inc.200,203
Various carriers for access charges 157,018
Quest 5,549
M &L Enterprises,Inc.45,000
Totals 676,673
Revised 8/99 Page 10
NOTES PAYABLE
For Notes Payable,list each note separately and include the maturity date and interest rate.
Interest
Name of Creditor Date of Note _R_ate Due Date Face Amount
RTFC 10-00 9.1%VAR 10-01 286,000
Totals $286,000
ACCOUNTS PAYABLE
Report below all Accounts Payable amounting to more than $100.00.
Name of Creditor Amount
SEE ATTACHED LISTING 300,054
Totals $300,054
Revised 8/99 Page 11
LO
N
G
-
T
E
R
M
DE
B
T
Ac
c
o
u
n
t
s
42
1
0
,
42
4
0
,
42
5
0
,
42
6
0
,
42
7
0
an
d
43
1
0
Li
s
t
th
e
re
q
u
i
r
e
d
da
t
a
fo
r
ea
c
h
ob
l
i
g
a
t
i
o
n
in
c
l
u
d
e
d
in
th
e
s
e
ac
c
o
u
n
t
s
,
gr
o
u
p
i
n
g
th
e
m
by
ac
c
o
u
n
t
nu
m
b
e
r
an
d
sh
o
w
i
n
g
to
t
a
l
s
fo
r
ea
c
h
ac
c
o
u
n
t
.
If
an
y
ob
l
i
g
a
t
i
o
n
s
ma
t
u
r
e
se
r
i
a
l
l
y
or
ot
h
e
r
w
i
s
e
at
va
r
i
o
u
s
da
t
e
s
,
gi
v
e
th
e
pa
r
t
i
c
u
l
a
r
s
in
a
no
t
e
.
Da
t
e
Da
t
e
Fa
c
t
Pr
e
m
i
u
m
/
D
i
s
c
o
u
n
t
In
t
e
r
e
s
t
fo
r
Ye
a
r
Cl
a
s
s
&
Se
r
i
e
s
of
of
Am
o
u
n
t
Ou
t
s
t
a
n
d
i
n
g
Ye
a
r
of
Ob
l
i
q
a
t
i
o
n
Is
s
u
e
Ma
t
u
r
i
t
y
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
Fl
a
t
_
e
Am
o
u
n
t
RU
S
VA
R
9-
1
4
TO
12
-
2
0
4,
9
6
2
,
6
9
9
VA
R
23
5
,
5
2
7
RT
F
C
VA
R
10
-
0
2
TO
4-
1
3
2,
1
9
4
,
9
5
3
VA
R
20
3
,
5
2
0
BA
N
K
OF
TH
E
WE
S
T
VA
R
01
-
0
1
44
,
5
1
7
VA
R
13
,
6
9
2
U.
S
.
BA
N
K
10
-
9
7
09
-
0
1
12
,
3
2
8
9.
4
2
%
2,
1
6
2
IB
M
CA
P
I
T
A
L
LE
A
S
E
06
-
0
0
06
-
0
2
50
,
2
6
4
13
.
6
%
3,
7
4
0
Re
v
i
s
e
d
8/
9
9
Pa
g
e
12
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.
Outstanding per
Number Balance Sheet
of Shares Par Value
Class &Series of Stock Authorized per Share Shares Amount
COMMON 250 100 250 $25,000
Revised 8/99 Page 13
INCOME &RETAINED EARNINGS STATEMENT
It__m Total Company Idaho Only
Total Operating Income (from page 16)4,009,546 2,493,015
Total Operating Expenses (from page 18)3,145,376 2,034,205
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 46,928 31,410
7250 Provision for Deferred Operating Income Taxes -Net 264,875 26,352
7200 Operating Taxes (total)311,803 57,762
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 Certain Property
7360 Other nonoperating Income
7370 Special Charges
7300 Nonoperational 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 2,164 2,164
7530 Amortization of Debt Issuance Expense
7540 Other Interested Deductions 456,477 377,885
7500 Interest and Related Items 458,641 380,049
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 87,454 59,773
Amount Transferred to Retained Earnings 181,180 80,772
Last Update 8/99 Page 14
OPERATING REVENUES
Re_m Total Company Idaho Only
Local Network Services Revenues
5001 Basic Area Revenue 528,400 315,585
5002 Optional Extended Area Revenue
5003 Cellular Mobile Revenue
5004 Other Mobile Services Revenue
5010 Public Telephone Revenue 2,379 1,467
5040 Local Private Line Revenue
5050 Customer Premises Revenue
5060 Other Local Exchange Revenue 45,472 22,625
5069 Other Local Exchange Revenue Settlements
Network Access Services Revenues
5081 End User Revenue (SLC)95,688 57,015
5082 Switched Access Revenue (Interstate)2,612,696 1,652,981
5083 Special Access Revenue
5084 State Access Revenue (Intrastate)611,640 368,280
Lonq Distance Network Services Revenues
5100 Long Distance Message Revenue -All 24,248 412
Miscellaneous Revenues
5230 Directory Revenue 5,526 3,402
5240 Rent Revenue
5250 Corporate Operations Revenue
5261 Special Billing Arrangements Revenue
5262 Customer Operations Revenue
5263 Plant Operations Revenue
5264 Other Incidental Regulated Revenue 56,362 54,899
5269 Other Revenue Settlements 3,591 2,728
5270 Carrier Billing &Collection Revenue 26,189 15,632
Uncollectible Revenues
5301 Uncollectible Revenue -Telecommunications (2,645)(2,011)
5302 Uncollectible Revenue -Other
Total Operating Revenues 4,009,546 2,493,015
Please identify the following revenues:
NECA USF $2,258,322 .To what account were thy booked?#5082
State USF $195,021 .To what account were the booked?#5084
Revised 8/99 Page 15
OPERATING EXPENSES
Itern Total Company Idaho Only
Plant Specific 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 125,959 38,145
6121 Land and Building Expenses
6122 Furniture and Artworks Expense
6123 Office Equipment Expense
6124 General Purpose Computers Expense
6210 Central Office Switching Expenses 366,294 286,072
6211 Analog Electronic Expense
6212 Digital Electronic Expense
6215 Electro-Mechanical Expense
6220 Operators System Expense
6230 Central Office Transmission Expenses 130,699 84,365
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 494 414
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 119,223 73,985
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 742,669 482,981
Revised 8/99 Page 16
OPERATING EXPENSES
Total Company Idaho Only
Plant Nonspecific Operations Expense
6510 Other Propedy/Plant/Equipment Expenses
6511 Property Held for Future Telecomm.Use Expenses
6512 Provisioning Expense
6530 Network Operations Expense 116,870 73,799
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 -Telecomm.Plant in Service 1,058,258 804,851
6562 Depreciation Expense -Property Held for Future Use
6563 Amodization Expense -Tangible 134,395 115,689
6564 Amortization Expense -Intangible
6565 Amortization Expense -Other
Total Plant Nonspecific Operations Expenses 1,309,523 994,339
Customer Operations Expense
6610 Marketing
6611 Product Management
6612 Sales
6613 Product Advertising
6620 Services 270,786 141,301
6621 Call Completion Services
6622 Number Services
6623 Customer Services
Total Customer Operations Expense 270,786 141,301
Corporate Operations Expense
6710 Executive and Planning 167,197 82,180
6711 Executive
6712 Planning
6720 General and Administrative 655,201 333,404
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 822,398 415,584
Total Operating Expenses $3,145,376 $2,034,205
Revised 8/99 Page 17
CE
N
T
R
A
L
OF
F
I
C
E
DA
T
A
as
of
De
c
e
m
b
e
r
31
,
20
0
0
(u
n
l
e
s
s
ot
h
e
r
w
i
s
e
in
d
i
c
a
t
e
d
)
Na
m
e
of
Ce
n
t
r
a
l
Of
f
i
c
e
:
Mi
d
v
a
l
e
St
a
n
l
e
y
Pr
e
f
i
x
(e
s
)
:
22
2
-
35
5
-
63
2
-
63
3
-
63
6
77
4
Ce
n
t
r
a
l
Of
f
i
c
e
Sw
i
t
c
h
Ty
p
e
:
Ch
e
c
k
al
l
th
a
t
ap
p
l
y
:
Ch
e
c
k
on
e
:
Ch
e
c
k
on
e
:
St
a
n
d
Al
o
n
e
X
Di
g
i
t
a
l
X
El
e
c
t
r
o
n
i
c
X
Ho
s
t
An
a
l
o
g
_
El
e
c
t
r
o
-
M
e
c
h
a
n
i
c
a
l
Re
m
o
t
e
_
Ot
h
e
r
:
Ac
c
e
s
s
Li
n
e
Ca
p
a
c
i
t
y
Ac
c
e
s
s
Li
n
e
s
in
Us
e
De
s
i
g
n
:
38
4
-
76
0
-
38
4
-
38
4
-
38
4
-
N/
A
Cu
s
t
o
m
e
r
Li
n
e
s
:
12
9
8
(I
n
c
l
u
d
e
Ce
n
t
r
e
x
,
PA
L
,
Se
m
i
-
P
u
b
.
)
In
s
t
a
l
l
e
d
/
E
q
u
i
p
p
e
d
:
10
0
-
37
5
-
75
-
10
0
-
75
-
70
4
Pu
b
l
i
c
Te
l
e
p
h
o
n
e
Li
n
e
s
36
Co
m
p
a
n
y
Of
f
i
c
i
a
l
Li
n
e
s
38
Co
m
p
a
n
y
Te
s
t
Li
n
e
s
71
Cl
a
s
s
i
f
i
c
a
t
i
o
n
of
Cu
s
t
o
m
e
r
Ac
c
e
s
s
Re
s
i
d
e
n
c
e
Bu
s
i
n
e
s
s
Mu
l
t
i
-
Si
n
g
l
e
Li
n
e
Mu
l
t
i
-
Si
n
g
l
e
Li
n
e
To
t
a
l
Li
n
e
Mu
l
t
i
-
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
1-
P
a
r
t
y
1-
P
a
r
t
y
Pa
r
t
y
Re
s
i
d
e
n
c
e
N.
A
.
R
.
1-
P
a
r
t
y
1-
P
a
r
t
y
Pa
r
t
y
Bu
s
i
n
e
s
s
&
Bu
s
i
n
e
s
s
Be
g
i
n
n
i
n
g
of
Ye
a
r
80
79
7
87
7
12
6
13
2
25
8
11
3
5
Ne
w
Co
n
n
e
c
t
s
20
1
10
0
30
1
Di
s
c
o
n
n
e
c
t
s
14
0
84
22
4
En
d
of
Y
e
a
r
93
8
27
4
12
1
2
Fo
r
e
i
g
n
Ex
c
h
a
n
g
e
:
Di
r
e
c
t
o
r
y
Li
s
t
i
n
g
s
:
Di
a
l
To
n
e
fr
o
m
th
i
s
C.
O
.
:
0
Nu
m
b
e
r
of
Cu
s
t
o
m
e
r
s
wi
t
h
No
n
p
u
b
l
i
s
h
e
d
or
No
n
l
i
s
t
e
d
:
87
Di
a
l
To
n
e
fr
o
m
an
o
t
h
e
r
C.
O
.
:
0
Cu
s
t
o
m
Ca
l
l
i
n
g
:
Nu
m
b
e
r
of
cu
s
t
o
m
e
r
s
wi
t
h
at
le
a
s
t
on
e
fe
a
t
u
r
e
:
N/
A
To
t
a
l
nu
m
b
e
r
of
fe
a
t
u
r
e
s
su
b
s
c
r
i
b
e
d
to
:
N/
A
Pa
g
e
18
Re
v
i
s
e
d
01
/
0
0
NU
M
B
E
R
OF
CA
L
L
S
CO
M
P
L
E
T
E
D
BY
CU
S
T
O
M
E
R
S
DU
R
I
N
G
(Y
e
a
r
)
20
0
0
.
Av
e
r
a
g
e
#
Lo
c
a
l
Ca
l
l
s
To
l
l
Ca
l
l
s
Or
i
q
i
n
a
t
e
d
(T
o
t
a
l
of
al
l
Ca
r
r
i
e
r
s
)
of
Cu
s
t
o
m
e
r
Nu
m
b
e
r
Av
g
.
/
Av
g
.
/
Lo
c
a
l
Ex
c
h
a
n
g
e
Lin
e
s
in
Us
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
Li
n
e
1
22
2
56
nl
a
8,
2
3
7
8,
6
7
7
16
,
9
1
4
30
2
.
0
4
2
35
5
38
9
n/
a
14
9
,
1
7
2
14
6
,
5
0
8
29
5
,
6
8
0
76
0
.
1
0
3
63
2
32
n/
a
6,
1
7
9
9,
2
9
6
15
,
4
7
5
48
3
.
5
9
4
63
3
80
n/
a
13
,
7
9
5
21
,
5
2
4
35
,
3
1
9
44
1
.
4
9
5
63
6
71
nl
a
27
,
9
7
9
49
,
9
0
8
77
,
8
8
7
1,
0
9
7
.
0
0
6
77
4
64
5
n/
a
14
8
,
8
7
2
38
4
,
1
7
0
53
3
,
0
4
2
82
6
.
4
2
7
TO
T
A
L
S
12
7
3
35
4
,
2
3
4
62
0
,
0
8
3
97
4
,
3
1
7
76
5
.
3
7
9
LO
C
A
L
CA
L
L
S
AR
E
NO
T
ME
A
S
U
R
E
D
11 12 13 14 15 16 17 18
La
s
t
Up
d
a
t
e
8/
9
9
Pa
g
e
19
Re
v
i
s
e
d
01
/
0
0
ANNUAL REPORT FOR SMALL TELEPHONE COMPANIES
YEAR ENDED DECEMBER 31,2000
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 x No
Date of notification
Alternate method of notification Provided to all new customers during application
procedures.
Rule IDAPA 31.41.01.403.02
Record of Complaints:
Number received by Company 2
Category of complaints (if known):
Deposit Disputes O
Charges on Bill O
Denial/Termination 0
Quality or Availabilityof Service
Carrier Selection/Assignment 0
Miscellaneous 0
20 Revised 01/00
CERTIFICATE
State of Idaho )
)ss
County of Ada )
WE,the undersigned Lane R.Williams of the Midvale Telephone Exchange,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.
Chief Officer
Officer in Charge of Accounts
Subscribed and Sworn to Before Me this day of /,2001
My Commission Expires j g .
21 Revised 01/00
Midvale Telephone Inc.
IPUC REPORT -ACCOUNTS PAYABLE
DECEMBER 31,2000
VENDOR Total
Advanced Fibre Communications 9,796
Alltel 201
American Express 1,128
Arizon Public Service Co 280
AT&T 24,448
Bankcard Center 17,642
Ben Johnson Associates Inc.27,035
City of Midvale 115
Cline,Francis 215
Computer Tech.8,044
D.Fenn Enterprises 6,634
Ditch Witch of Arizona 2,868
Electronic Enterprises 750
Farmers Supply Cooperative 1,252
Fox Sports Arizona 136
Givens Pursley LLP 12,546
Graybar Elect.9,674
GVNW 1,152
GVNW 3,464
GVNW 2,307
Harp Oil Co.424
Holiday Inn 1,370
ldaho Power Co.222
Idaho Power Co.481
Idaho Power Co.570
Jerry's Auto Parts 109
Kootenai Electric 141
Lucas LaFrance 1,784
Les Schwab Tire 248
Milford Engineering 26,535
Modern Machinery 21,024
Mountain Village Res 194
MTV Networks,Inc.135
National Cable 1,240
Oasis Sanctuary 390
OntarioPhotocopy 309
Opastco 1,026
Piper Jaffray Inc.1,158
Qwest 133
Qwest 473
Radio Shack-Tele&Com 2,211
Redcom Labs 1,584
Salmon River Elect.462
Idpuc_00.xIsAC_PAY
Midvale Telephone Inc.
IPUC REPORT -ACCOUNTS PAYABLE
DECEMBER 31,2000
VENDOR Total
Shore &Shore Aviation 143
Sprint North Supply 47,726
Sulphur Springs Valley 195
Sulphur Springs Valley 163
Supra 123
System Seven,Inc.5,886
Telcordia Tech.314
Telmar NetworkTech.654
Torf Environment Management 3,143
Travis Jeffries.P.A.20,162
Trumble Greetings,Inc.110
Tuscon Tractor Co.4,019
Unisource Maintenance Supply 114
US Bank 2,116
US Intelco 5,979
US West Interprise 169
Verizon Wireless 2,448
Verizon Wireless 134
Viking Office Products 464
Watkins,Lois 116
Weiser Signal American 530
Weyers Consulting 8,758
Yellow Freight System 635
Total 296,011
Idpuc 00.xls AC PAY