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Home My WebLink About2006Annual Report.pdft) ,.II~: ""'~ ,'," /; l(JIlI/t/iJ iJ - , , . /,"- ~r , ' ii/~6'J7 ;:8, ./1. .10 ;"Af/fi /O~ ' ," " OF- , ~ vG- b" ~-IYU"- W~7 ~~/,-" NAME :;2~.f Fv"-'-t,u- . ,#,./"-,, ~ ,e../ ~'leI~ ~/ R-s'//t' , A ORESS TO TH E IDAHO PUBLIC T I LIT lEs e OMM 155 10 N FOR THE YEAR ENDED ;;LIfO (; i ,. ANNUAL REPORT FOR WATER UTILITIES TO THE IDAHO PUBLIC UTILITIES COMMISSION FOR THE YEAR ENDING ?-6s~ 11 Are there any affiliated companies? /t/ () If yes, attach a list with names, addresses & descriptions. provided to the utility. 12 Contact Information President (Owner) Vice President Secretary General Manager Complaints or Billing Engineering Emergency Service Accounting 13 Were any water systems acquired during the year or any additions/deletions made to the service area during the year? /I/o If yes, attach a list with names, addresses & descriptions. Explain any services provided to the utility. 14 Where are the Company s books and records kept? Street Address c)J el ",-..c.. u.S p.,-Io '" c.:.... 1 Give full name of utility Telephone Area Code c:z..O E-mail address 2 Date of Organization 3 Organized under the laws of the state of 4 Address of Principal Office (number & street) 5 P.O. Box (if applicable) 6 City 7 State 8 Zip Code 9 Organization (proprietor, partnership, corp. 10 Towns, Counties served City State Zip Rev 3/02 COMPANY INFORMATION Pirc.~'1;-""?- M.J,~ .;2 'If=- '-I CoY_P7 .J 97 ~L//:I .::l-~/Y fvt:.....~~.~t!:-.-'va.c.- t!' ,e.~ ~/~flv; G2:3 vI; S ~O.- ot)"e....--I-( ;;Vc:.-!#-be..- lIe" t!..~,,- ~~ If' GA- '"' -j- :z;::~,j' D Explain any services Name ..M l c,.-L c.. / l t:l-c.. Page 1 NAME: COMPANY INFORMATION (Cont.) For the Year Ended 15 Is the system operated or maintained under a service contract? 16 If yes: With whom is the contract? 1/0 When does the contract expire? What services and rates are included? 17 Is water purchased for resale through the system? 18 If yes: Name of Organization Name of owner or operator Mailing Address City State Zip A/o Water Purchased 19 Has any system(s) been disapproved by the Idaho Division of Environmental Quality? If yes, attach full explanation 20 Has the Idaho Division of Environmental Quality recommended any improvements? If yes, attach full explanation 21 Number of Complaints received during year concerning: Quality of Service High Bills Disconnection 22 Number of Customers involuntarily disconnected 23 Date customers last received a copy of the Summary of Rules required by IDAPA 31.21.01.701? Attach a copy of the Summary 24 Did significant additions or retirements from the Plant Accounts occur during the year? If yes, attach full explanation and an updated system map Rev 3/02 Page 2 Gallons/CCF $Amount 11/0 C') (!;)(;, If) (p NAME: ACCT # 460 461. 461. 462 464 465 466 400 REVENUE & EXPENSE DETAIL For the Year Ended DESCRIPTION 400 REVENUES Un metered Water Revenue Metered Sales - Residential Metered Sales - Commercial , Industrial Fire Protection Revenue Other Water Sales Revenue Irrigation Sales Revenue Sales for Resale Total Revenue (Add Lines 1 - 7) (also enter result on Page 4, line 1) * DEQ Fees Billed separately to customers 10 ** Hookup or Connection Fees Collected 11 ***Commission Approved Surcharges Collected 401 OPERATING EXPENSES 12 601.6 Labor - Operation & Maintenance 13 601.Labor - Customer Accounts 14 601.Labor - Administrative & General 15 603 Salaries, Officers & Directors 16 604 Employee Pensions & Benefits 17 610 Purchased Water 18 615-16 Purchased Power & Fuel for Power 19 618 Chemicals 20 620.6 Materials & Supplies - Operation & Maint. 21 620.8 Materials & Supplies - Administrative & General 22 631-34 Contract Services - Professional 23 635 Contract Services - Water Testing 24 636 Contract Services - Other 25 641-42 Rentals - Property & Equipment 26 650 Transportation Expense 27 656-59 Insurance 28 660 Advertising 29 666 Rate Case Expense (Amortization) 30 667 Regulatory Comm. Exp. (Other except taxes) 31 670 Bad Debt Expense 32 675 Miscellaneous () , of.) 33 Total Operating Expenses (Add lines 12 - 32, also enter on Pg 4, line 2) Rev 3/02 Page 3 7~O? :;)..tJ Booked to Acct # Booked to Acct # Booked to Acct # ' ;;;"',9", l Q6'1.()o I LIt. D ;2./ '-I ~()(?() )0 3~ ~ Name: ACCT # INCOME STATEMENT For Year Ended DESCRIPTION 403 406 407 6 408. 7 408. 8 408. 9A 408. 17 413 18 414 30 427, 31 427. 409.1 0 409. 410. 410. 411 412 415 416 419 420 421 426 408, 409- Rev 3/02 Revenue (From Page 3, line 8) Operating Expenses (From Page 3, line 33) Depreciation Expense Amortization , Utility Plant Aquisition Adj. Amortization Exp. - Other Regulatory Fees (PUC) Property Taxes Payroll Taxes Other Taxes (list) 3c,~ ~()l 334t ??LJ I g-O. ()t)DEQ Fees Federal Income Taxes State Income Taxes Provision for Deferred Income Tax - Federal Provision for Deferred Income Tax - State Provision for Deferred Utility Income Tax Credits Investment Tax Credits - Utility Total Expenses from operations before interest (add lines 2-15) Income From Utility Plant Leased to Others Gains (Losses) From Disposition of Utility Plant Net Operating Income (Add lines 1 , 17 &18 less line 16) Revenues, Merchandizing Jobbing and Contract Work Expenses, Merchandizing, Jobbing & Contracts Interest & Dividend Income Allowance for Funds used During Construction Miscellaneous Non-Utility Income Miscellaneous Non-Utility Expense Other Taxes, Non-Utility Operations Income Taxes, Non-Utility Operations Net Non-Utility Income (Add lines 20,23 & 24 less lines 21 25,26, & 27) Gross Income (add lines 19 & 28) Interest Exp. on Long-Term Debt Other Interest Charges NET INCOME (Line 29 less lines 30 & 31) (Also Enter on Pg 9, Line 2) ~~~ () () Page 4 7~ 4),/3 '7..). ~9 e-/ Name: ACCOUNT 101 PLANT IN SERVICE DETAIL For Year Ended 301 Organization /tI () h.. fI-. 302 Franchises and Consents 303 land & land Rights 304 Structures and Improvements 305 Collecting & Impounding Reservoirs 306 lake, River & Other Intakes 307 Wells 308 Infiltration Galleries & Tunnels 309 Supply Mains 310 Power Generation Equipment 311 Power Pumping Equipment 320 Purification Systems 330 Distribution Reservoirs & Standpipes 331 Trans. & Distrib. Mains & Accessories 333 Services 334 Meters and Meter Installations 335 Hydrants 336 Backflow Prevention Devices 339 Other Plant & Misc. Equipment 340 Office Furniture and Equipment 341 Transportation Equipment 342 Stores Equipment 343 Tools, Shop and Garage Equipment 344 laboratory Equipment 345 Power Operated Equipment 346 Communications Equipment 347 Miscellaneous Equipment 348 Other Tangible Property TOTAL PLANT IN SERVICE SUB ACCT #DESCRIPTION (Add lines 1 - 28) Rev 3/02 Balpnce Beginning of Year Added During Year Removed During Year Balance End of Year Enter beginning & end of year totals on Pg 7 , Line 1 Page 5 Name: ACCUMULATED DEPRECIATION ACCOUNT 108.1 DETAIL For Year Ended SUB Depreciation Rate IncreaseBalance Beginning Balance End of ACCT #DESCRIPTION of Year Year (Decrease) 304 Structures and Improvements 305 Collecting & Impounding Reservoirs 306 Lake, River & Other Intakes 307 Wells 308 Infiltration Galleries & Tunnels 309 Supply Mains 310 Power Generation Equipment 311 Power Pumping Equipment 320 Purification Systems 330 Distribution Reservoirs & Standpipes 331 Trans. & Distrib. Mains & Accessories 333 Services 334 Meters and Meter Installations 335 Hydrants 336 Backflow Prevention Devices 339 Other Plant & Misc. Equipment 340 Office Furniture and Equipment 341 Transportation Equipment 342 Stores Equipment 343 Tools, Shop and Garage Equipment 344 Laboratory Equipment 345 Power Operated Equipment 346 Communications Equipment 347 Miscellaneous Equipment 348 Other Tangible Property TOTALS (Add Lines 1 - 25) Enter beginning & end of year totals on Pg 7, Line 7 Rev 3/02 Page 6 Name: BALANCE SHEET For Year Ended ASSETS Balance Beginning Balance End of Increase ACCT #DESCRIPTION of Year Year (Decrease) 101 Utility Plant in Service (From Pg 5, Line 29) 102 Utility Plant Leased to Others 103 Plant Held for Future Use 105 Construction Work in Progress 114 Utility Plant Aquisition Adjustment Subtotal (Add Lines 1 - 5) 108.Accumulated Depreciation (From Pg 6, Line 26) 108.Accum. Depr. - Utility Plant Lease to Others 108.Accum. Depr. - Property Held for Future Use 110.Accum. Amort. - Utility Plant in Service 110.Accum. Amort. - Utility Plant Lease to Others 115 Accumulated Amortization - Aquisition Adj. Net Utility Plant (Line 6 less lines 7 - 12) 123 Investment in Subsidiaries 125 Other Investments Total Investments (Add lines 14 & 15) 131 Cash 135 Short Term Investments 141 Accts/Notes Receivable - Customers 142 Other Receivables 145 Receivables from Associated Companies 151 Materials & Supplies Inventory 162 Prepaid Expenses 173 Unbilled (Accrued) Utility Revenue 143 Provision for Uncollectable Accounts Total Current (Add lines 17 -24 less line 25) 181 Unamortized Debt Discount & Expense 183 Preliminary Survey & Investigation Charges 184 Deferred Rate Case Expenses 186 Other Deferred Charges Total Assets (Add lines 13, 16 & 26 - 30) Rev 3/02 Page 7 Name: BALANCE SHEET For Year Ended LIABILITIES & CAPITAL Balance Beginning Balance End of Increase ACCT #DESCRIPTION of Year Year (Decrease) 201-Common Stock 204-Preferred Stock 207-Miscellaneous Capital Accounts 214 Appropriated Retained Earnings 215 Unappropriated Retained Earnings 216 Reacquired Capital Stock 218 Proprietary Capital Total Equity Capital (Add Lines 1-5+7 less line 6) 221-Bonds 223 Advances from Associated Companies 224 Other Long - Term Debt 231 Accounts Payable 232 Notes Payable 233 Accounts Payable - Associated Companies 235 Customer Deposits (Refundable) 236.Accrued Other Taxes Payable 236.Accrued Income Taxes Payable 236.Accrued Taxes - Non-Utility 237-40 Accrued Debt, Interest & Dividends Payable 241 Misc. Current & Accrued Liabilities 251 Unamortized Debt Premium 252 Advances for Construction 253 Other Deferred Liabilities 255.Accumulated Investment Tax Credits - Utility 255.Accum. Investment Tax Credits - Non-Utility 261-Operating Reserves 271 Contributions in Aid of Construction 272 Accum. Amort. of Contrib. in Aid of Const. ** 281-Accumulated Deferred Income Taxes Total Liabilities (Add lines 9 - 29 TOTAL LIAB & CAPITAL (Add lines 8 & 30) ** Only if Commission Approved Rev 3/02 Page 8 Name: STATEMENT OF RETAINED EARNINGS For Year Ended Retained Earnings Balance (Q) Beginning of Year Amount Added from Current Year Income (From Pg 4, Line 32) Other Credits to Account Dividends Paid or Appropriated Other Distributions of Retained Earnings Retained Earnings Balance (Q) End of Year CAPITAL STOCK DETAIL No, Shares Description (Class, Par Value etc, No. Shares 0 t t Dividends P 'A h ' ut onze u s an Ing DETAIL OF LONG-TERM DEBT escnptlon Rate Balance ccrue Interest Rev 3/02 Page 9 Year-end InterestInterest P ' Name: SYSTEM ENGINEERING DATA For Year Ended Provide an updated system map if significant changes have been made to the system during the year. Rated Capacity Type of Treatment: (None, Chlorine Fluoride Annual Production Water Supply Source (Well , Spring, Water Supply: Pump Desiqnation or location (gpm)Filter etc.(OOO's Gal.)Surface Wtr) AI C~ -.eJ System Storage: Total Capacity OOO' Usable Capacity OOO' Type of Reservoir Construction (Elevated, Pres- (Wood, Steel Storaqe Desiqnation or Location Gal.Gal.urized, Boosted'Concrete) /V rf7 CLa - ~ l'itS (Duplicate form and attach if necessary. Asterisk facilities added this year. Rev 3/02 Page 10 Name: SYSTEM ENGINEERING DATA (continued) For Year Ended Pump information for ALL system pumps , including wells and boosters. Designation or Location Rated Capacity Energy UsedHorse Discharge Pressure & Type of Pump Power (Qpm)(psi)This Year /I/:P G~ I-- i.8.i ** Submit pump curves unless previously provided or unavailable. Asterisk facilities added this year. Attach additional sheets if inadequate space is available on this page. If Wells are metered: What was the total amount pumped this year? What was the total amount pumped during peak month? What was the total amount pumped on the peak day? /i/ A- ,IV /1/0 If customers are metered, what was the total amount sold in peak month? Was your system designed to supply fire flows? If Yes: What is current system rating? '-/ e..- \..... How many times were meters read this year? During which months?~":J v... "'- 5'e tf' How many additional customers could be served with no system improvements except a service line and meter? How many of those potential additions are vacant lots? 10 Are backbone plant additions anticipated during the coming year? If Yes, attach an explanation of projects and anticipated costs 11 In what year do you anticipate that the system capacity (supply, storage or distribution) will have to be expanded? Rev 3/02 Page 11 Name: SYSTEM ENGINEERING DATA (continued) For Year Ended FEET OF MAINS Pipe Size In Use Beginning Of Year Installed During Year Abandoned During Year In Use End of Year /0/ cl..~,:.....qL- CUSTOMER STATISTICS Number of Customers Thousands of Gallons Sold TOTALS (Add lines 2 through 8) This Last This Last Year Year Year Year 3 ~'7 c; 1te Metered: Residential Commercial Industrial Flat Rate: Residential Commercial Industrial Private Fire Protection Public Fire Protection Street Sprinkling Municipal, Other Other Water Utilities Rev 3/02 Page 12 CERTIFICATE State of Idaho ) ss County of LIi 5 /w c.--' and of the W,t-- (/../ utility, on our oath do severally say that the foregoing report 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 and affairs of said utility for the period covered by the report in respect to each and every matter and thing therin set forth , to the best of our knowledge, information and belief. ~~ (Chief Officer) (Officer in Charge of Accounts) Subscribed and Sworn to Before Me My Commission Expires g\ LK\~\ thislday f~,l,L-\. , aGO 1- / . ~C~ BLiC gd kIexcel/jnelso nI anul rplslwtrannu al rpl Rev 3/02 Page 13 5/13/2007 Transactions by Category All Accounts 1/1/2006 Through 12/31/2006 Num Date Payee Category Amount Income Categories EWC 2/2/2006 EWC 434. 2/6/2006 EWC 91.26 3/9/2006 EWC 231.30 4/10/2006 EWC 156. 6/7/2006 EWC 308. 6/30/2006 EWC 108. 8/18/2006 EWC 193. 9/19/2006 EWC 249. 10/30/2006 EWC 066. 11/3/2006 EWC 456. 11/20/2006 EWC 582. 12/6/2006 EWC 327. Total EWC 206, Total Income Categories 206. Expense Categories Bills Electricity 1127 1/16/2006 AVI~A Bills: Electricity (129.33) 1132 2/3/2006 AVI~A Bills: Electricity (81.10) 1135 3/10/2006 AVI~A Bills: Electricity (46.22) 1139 4/12/2006 AVI~A Bills: Electricity (67.01) 1141 5/7/2006 AVI~A Bills: Electricity (41.53) 1145 6/15/2006 AVI~A Bills: Electricity (12.07) 1147 6/15/2006 AVI~A Bills: Electricity (12.13) 1153 9/17/2006 AVI~A Bills: Electricity (459.18) 1158 10/19/2006 AVI~A Bills: Electricity (239,03) 1161 11/19/2006 AVI~A Bills: Electricity (47.75) 1166 12/26/2006 AVI~A Bills: Electricity (90.67) 226,02) Total Bills 226.02) .- CHEMICALS 1131 1/16/2006 FILTRATION TECH CHEMICALS (587.10) 1150 7/27/2006 RCWOR~CHEMICALS (108.15) 1151 7/27/2006 FILTRATION TECH CHEMICALS (164.85) 1164 12/14/2006 R C WORST CHEMICALS (109.18) Total CHEMICALS (969.28) --- COMPENSATION 1167 12/26/2006 ARLO SLACK COMPENSATION (400.00) Total COMPENSATION (400.00) COMPUTER RENTAL (300.00) ./1168 12/26/2006 MICHELLE SLACK COMPUTER RENTAL Total COMPUTER RENTAL (300.00) Page 1 5/13/2007 Page 2 Transactions by Category All Accounts 1/1/2006 Through 12/31/2006 Num Date Payee Category Amount DUES 1159 11/3/2006 IDAHO RURAL WATER DUES (230.00) Total DUES (230.00) FREIGHT 1130 1/16/2006 H&H EXPRESS FREIGHT (6.00) 1136 3/10/2006 H&H EXPRESS FREIGHT (7.00) Total FREIGHT (13.00) OFFICE SUPPLIES 1149 7/6/2006 PAPERHOUSE OFFICE SUPPLIES (12.06) Total OFFICE SUPPLIES (12.06) ONE CALL SERVICE 1128 1/16/2006 PASSWORD ONE CALL SERVICE (4.32) 1143 5/12/2006 PASSWORD ONE CALL SERVICE (1,46) 1152 7/27/2006 PASSWORD ONE CALL SERVICE (5.84) 1154 9/17/2006 PASSWORD ONE CALL SERVICE (10.22) Total ONE CALL SERVICE (21.84) ---- OPERATORS LISENCE 1160 11/19/2006 BUREAU OF LISENCES OPERATORS LISENCE (60.00) 1163 12/3/2006 BUREAU OF USENCES OPERATORS USENCE (10.00) Total OPERATORS LISENCE (70.00) POSTAGE 1140 4/12/2006 POSTMASTER POSTAGE (39.00) 1157 10/19/2006 POSTMASTER POSTAGE (39.00) Total POSTAGE (78.00) .......... REGULATORY FEE 1142 5/12/2006 IPUC REGULATORY FEE (50.00) 1155 9/17/2006 DEQ REGULATORY FEE (180.00) Total REGULATORY FEE (230.00) --- REPAIRS 1129 1/16/2006 HUGHES HOME CENTER REPAIRS (8.98) 1133 2/3/2006 HUGHES HOME CENTER REPAIRS (9.22) 1138 4/12/2006 HUGHES HOME CENTER REPAIRS (26.24) Total REPAIRS (44.44) Taxes Real Estate Taxes 1144 6/15/2006 BENEWAH COUNlY Taxes: Real Estate Taxes (216,43) 1165 12/18/2006 BENEWAH COUNlY Taxes: Real Estate Taxes (118,41) (334.84) 5/13/2007 Transactions by Category All Accounts 1/1/2006 Through 12/31/2006 Num Date State Income Tax1146 6/15/2006 Total Taxes Water tests 1134 1137 1148 1162 2/3/2006 4/12/2006 7/6/2006 11/19/2006 Total Water tests Total Expense Categories Payee STATE TAX COMMISION SVl ANAL meAL SVl ANAL meAL SVl ANAL meAL SVl ANAL meAL Category Taxes: State Income Tax Water tests Water tests Water tests Water tests Page 3 Amount (20.00) (20.00) (354.84) (79.00) (30,00) (60.00) (45.00) (214.00) ---- (4,163.48) Grand Total 043. Fom 11208 s. Income Tax Return for an 5 Corporation ~ Do not file this form unless the corporation has filed Form 2553 to elect to be an S corporation, OMB No, 1545.0130 Department of the Treasury Internal Rev~nue Service (77) 2006 For calendar year 2006 or tax year bealnnlno and endlno A Effective date of S Name C Employer identification number election Use 01/01/1982 the IRS EVERGREEN WATER 82-0340906label. Business activity Other-Number, street. and room or suite no. If a P.O. box, see instructions.0 Date incorporated code number (see wise,248 EVERGREEN TERRACE ROAD 06/01/1976 instructions)print City or town , state , and ZIP code E Total assets (see instructions)or type,221300 ST.MARIES.83861 13,721. Check if: (1) Initial return (2) Final return (3) Name change (4) Address change (5) Amended return Enter the number of shareholders in the corporation at end of the tax year """"", """ """""""""""",.."" """ ,,"" " " " '"""" " ". ~ Check if Schedule M-3 is required (attach Schedule M-3) """""."""""""."""""""." ."."."""".""" ".".""".."""" ..."".'""" . ~ Caution: Include onl trade or business income and ex enses on lines 1 a throu h 21. See the instructions for more information. 1 a Gross receipts or sales 7 , 2 0 7 .b Less returns and allowances C Bal 1 c Cost of goods sold (Schedule A, line B) . "".""" "".."..."". """.""."" GrossprofitSubtractline2fromline1c .... " ...". 4 Netgain(loss)fromForm4797 Partll line17 (attach Form 4797) Other income (loss) (attach statement) """""""".. Totallncome loss. Add lines 3 throu h 5 , Compensation of officers """. """"""""""", Salaries and wages (less employment credits) "" """.."""". Repairs and maintenance , """"" " """""."".. 10 Bad debts ."".".". """""""" 11 Rents """" """ "" "".." """""".......'"""", 12 Taxes and licenses ...$':I'h':I'E:r1.E:N':I'"L. 13 Interest ."". 14 Depreciation not claimed on Schedule A or elsewhere on return (attach Form 4562) 15 Depletion (Do not deduct oil and gas depletion.16 Advertising .""""""""". ...' 17 Pension, profit-sharing, etc., plans 18 Employee benefit programs ", """""""""""""" ..".....".... ", "" 19 Other deductions (attach statement) ".""",.. " S'I'A'I'~M~N'I'".:2" ,20 Total deductions, Add lines 7 through 19 .""""..-.. 21 Drdlna business Income loss. Subtract line 20 from line 6 22 a Excess net passive income or'liFO recapture tax (see instructions)., 22a Tax from Schedule D (Form 1120S) ". 22b c Add lines 22a and 22b """ " " " " " """"... 23 a 2006 estimated tax payments and 2005 overpayment credited to 2006 23a Tax deposited with Form 7004 ""...23b Credit for federal tax paid on fuels (attach Form 4136). ". 23c Credit for federal telephone excise tax paid (attach Form 8913) ....'. 23d e Add lines 23a through 23d ".... """""""""'" """"."""" 24 Estimated tax penalty (see instructions), Check if Form 2220 is attached .",.", 25 Amount owed. If line 23e is smaller than the total of lines 22c and 24, enter amount owed """ " " " 26 Overpayment If line 23e is larger than the total of lines 22c and 24, enter amount overpaid27 Enter amount from line 26 Credited to 2007 estimated tax Ci) ;:;... III ... III 5Q. III :;:: 'tI III ...:-. 'tI ~ D 23e "."""""." Refunded Under penalties of pe~ury. I declare that I have examined this return, Including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct. and complete. Declaration of preparer (other than taxpaye~ is based on allinfomation of which preperer has any knowledge. Sign Here .....". Signature of officer TitleDate Check if 2ft; () self- em 10 edPalPreparer's ..... signature ". Pre arer Firm s name (or Use Only younlifself- employed), address, and ZIP code EIN Phone no, JWA For Privacy Act and Paperwork Reduction Act Notice, see the separate Instructions, 611701 12-28. 16230325 759203 ZOO040F 2006.05010 EVERGREEN WATER CO 207. 7 207. 7 207. 400. 44. 300. 355. 300. 3 064. 463. 2 744. May the IRS discussthis return with the g~~g;rr~';:'h r:,~rr. LXJYesDNo Preparer SSN or PTIN Form 1120S (2006) ZOO040F1 Balance Sheets Assets , Cash """. 2 a Trade notes and accounts receivable b Less allowance for bad debts Inventories "",," " " " " 4 U.S. Government obligations Tax-exempt securities Other current assets (alt. stmt.) Loans to shareholders Mortgage and real estate loans Other investments (alt. stmt.) "" , 0 a Buildings and other depreciable assets b Less accumulated depreciation a Depletable assets "",," b Less accumulated depletion , 2 Land (net of any amortization) '3 a Intangible assets (amortizable only) b Less accumulated amortization 14 Other assets (alt. stmt.) ." , 5 Total assets " . LIabilities and Shareholders' Equity Accounts payable Mortgages, notes, bonds payable in less than 1 year Other current liabilities (alt. stmt. Loans from shareholders Mortgages. notes, bonds payable in 1 year or more Other liabilities (alt. stmt.) Capital stock . .. ... Additional paid-in capital Retained earnings Adiustments to shareholders' equity (att stmt) Page 4 31 434. 70 010. 44,800. -::132 523. :::- 13 721. Net income (loss) per books 5 Income recorded on books this year not Income included on Schedule K, lines 1. 2, 3c, 4. 5a.included on Schedule K , lines 1 through , 8a, 9, and 10, not recorded on books this year 10 (itemize): ~temize):a Tax-exempt interest Expenses recorded on books this year not 6 Deductions Included on Schedule K, lines 1 included on Schedule K, lines 1 through 12 through 12 and 141, not charged against and 141 (itemize):book income this year (itemize): a Depreciation $a DepreciatIOn $ b Travel and entertainment $ 7 Add lines 5 and 6 "".""" ".."" Add lines 1 throuah 3 ""."."""". 8 Income fIossl (Schedule Kline 181. Line 4 less line 7 Balance at beginning of tax year Ordinary income from page 1 , line 21 Other additions 4 Lossfrompage1 line21 Other reductions Combine lines 1 through 5 . . ,,""""" " """. """ ". "" Distributions other than dividend distributions BalanC8 at end of tax ea r. Subtract line 7 from line 6 ~~~;~. JWA 16230325 759203 ZOO040F (c) Shareholders' undistnbuted taxable income previously taxed -::106 """"".. """". """. ""....... .......... -::103 778. 2006.05010 EVERGREEN WATER CO Form 1120S (2006) ZOO040F1 EVERGREEN WATER CO 82-0340906 - ' FORM 1120S TAXES AND LICENSES STATEMENT DESCRIPTION AMOUNT TAXES & LICENSES IDAHO TAXES - BASED ON INCOME 335. 20. TOTAL TO FORM 1120S, PAGE 1, LINE 355. FORM 1120S OTHER DEDUCTIONS STATEMENT DESCRIPTION AMOUNT WATER TESTS SUPPLIES CHEMICALS POSTAGE FEES AND LICENSES PROFESSIONAL FEES UTILITIES . FREIGHT 214. 12. 969. 78. 530. 248. 13. TOTAL TO FORM 1120S, PAGE 1, LINE 064. SCHEDULE L ANALYSIS OF TOTAL RETAINED EARNINGS PER BOOKS STATEMENT DESCRIPTION AMOUNT BALANCE AT BEGINNING OF YEAR NET INCOME PER BOOKS DISTRIBUTIONS OTHER INCREASES (DECREASES) c::135, 267. 744. BALANCE AT END OF YEAR - SCHEDULE L, LINE 24, COLUMN (D)c::132, 523. 16230325 759203 ZOO040F STATEMENT(S) 1, 2, 3 2006.05010 EVERGREEN WATER CO ZOO040F1 20 0 6 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 R E P O R T OT H E R D E P R E C I A T I O N OT H E R As s e t De s c r i p t i o n Da t e Ac q u i r e d Me t h o d Li f e Un e Un a d j u s t e d Co s t O r B a s i s Bu s % Ex c l Re d u c t i o n I n Ba s i s Ba s i s F o r De p r e c i a t i o n Ac c u m u l a t e d De p r e c i a t i o n Cu r r e n t Se c 1 7 9 Cu r r e n t Y e a r De d u c t i o n 62 8 1 0 2 07 . 28 - (D ) - A s s e t d i s p o s e d * l T C , S e c t i o n 1 7 9 , S a l v a g e , B o n u s , C o m m e r c i a l R e v i t a l i z a t i o n D e d u c t i o n , G O Z o n e