AT · 2010. 3. 30. · ELECTRIC COOPERATIVES NAME South Central Arkansas Electric Cooperative, Inc. (Here show In full the exact corporate.firm or Indivldual name of the respondent)

ELECTRIC COOPERATIVES

NAME South Central Arkansas Electric Cooperative, Inc. (Here show In full the exact corporate. firm or Indivldual name of the respondent)

LOCATED AT 1140 Main Street, Arkadelphia, AR 71923 (Here give the loeatlon, indudlng street and number of the respondent's maln business oftice within the State)

COMPANY # 84 (Here give the APSCasslgned company number)

TO THE

ARKANSAS PUBLIC SERVICE COMMISSION

COVERING ALL OPERATIONS

FOR THE YEAR ENDING DECEMBER 31,2009

REPORT TO ARKANSAS PUBLIC SERVICE COMMISSION

LETTER OF TRANSMITTAL

To: Arkansas Publb Service Commission Post Office Box 400 Little Rock, Arkansas 72203-0400

Submitted herewith is the annual report covering the operation of south Central Arkansas Eredrlc Cooperative. lnc (Cooperative)

of 1140 Maln Street ArkadeIphla, AR 71923 for the year ending December 31,2009. This report Is submitted in

accordance with Section 51 of Act 324 of the 1935 Acts of Arkansas. The following report has been carefully examined by me, and 1 have executed the verification given below.

(Location)

9

& / (Slgnahlre)

.1...1..........1..

VERIFICATION

STATE OF COUNTY OF 1, the undersigned, Kevin Brownlee, General Manager of the

(Name and Title)

soua central ~rkansas nectric cooperative, Inc (Cooperative)

. on my oath do say that the following report has been prepared under my direction from the original books, papers, and records of said utility: that I have carefully examined the same. and declare the same a complete and correct statement of the business and affairs of said utility in respect to each and every matter and thing set forth, to the best of my knowledge, information, and belief; and I further say that no deductions were made before stating the gross revenues. and that accounts and figures contained in the foregoing statements embrace all of the financial transactions for the period in this report.

REPORT TO ARKANSAS PUBLIC SERVICE COMMISSION General 1

GENERAL INSTRUCTIONS, DEFINITIONS, EFC.

1.

2.

3.

4.

5.

6.

7.

8.

9.

I O .

11.

12.

13.

4.

Two (2) coples ofthis report. properly filled out and verified shaIl be filed with the Utility Oivislon of the Arkansas Public Service Commlsslon. Uttle Rock, Arkansas. on or before the 315t day of Mardl followfng the dose of the carendar year forwhldr the report is made.

Thls form of annual report Is prepared In conformity with the Unlfonn System of Accounts for Public UtiliUes presdbed by the Publlc Service Commission and all accounting words and phrases am io be lnterpreled In accordance with the SaId elassifidon.

The word "respondent* in the folrowing inquIrles means the person, firm. assoaation or company In whose behalf the report Is made.

lnstrucblons should be carefully observed. and each question should be answered fully and accurately. Where the word 'none" truly and completely states the fad. It shourd be glven to any partlallar Inquiry.

If any s&edule does not apply to the respondent. such fad5hOUld be shown on the schedule by the words 'not appllmble."

Exjrcept in cases where they are especially authorized. cancellations, arbitrary cheelt marks. and the like must not be used elther as partlal or entre answers to Inquiries.

Reports should be made out by means which result In a permanent record. The copy In all wses shall be made out In permanent black ink or with permanent black typewriter ribbon. Entries of a Eonbary or opposlte character (such as deweases r e p o m In a column provldlng for both Increases and deweases) shoutd be shown In red Ink or endosed In parentheses.

This report will be saanned in. Please blnd With dips onty.

Answers to Inqulries contalned In the following forms must be complete. No answer wlll be accepted as satisfactory whlch attempts by reference to any paper, dowment, or return of previous years or other reports, other than the present report, to make the paper or dowment or porlion thereof thus referred to a part of the answer without setting It out. Each report must be eomplete withln Itself.

In m e s where the schedules provided In thls report do not contaln sufficient spa= or the Information called for, or Bit Is othemlse necessary or deslrable. additlooal statements or scfiedules may be Inserted for the purpose of further explanation of amunts or schedules. They should be leglbly made on paper of durabIe quality and should conform with thls form in &e of page and wldth of margin. This also applies to all spedal or unusual entries not prouided for In thls form. Where Information ealled for herein Is not glven, state fully the reason for Its omission.

Each respondent Is required to send In connection with Its report to thls Comrnbslon's Utilities Division. one (j) copy of its latest annual report to stodthotders.

Schedules supporting the revenue accounts and fumtshhg statatistics should be so armnged as to effed a dlvision In the operations as to those Inside and outside the state.

Answers to alt inquiries may be in even dotlar figures, wlth cents omitted and with agreelng totals.

Each respondent should make its report In duplicate. retatnlng one copy for its files for reference, In case correspondence with regard to such report becomes necessary. For thls reason, Several COpleS O f the awmpanylng forms are sent to each utility company wneemed.


Give the name, title, office address, telephone number and e-mail address of the person to whom any correspondence concerning this report should be addressed:

Name Hayley Tibbs Title Accountant

Address 1140 Main Street - P.O. Box 476. Arkadetnhia. AR 71923 Telephone Number 870-2464 832

E-Mail fl

Give the name, address, telephone number and e-mail address of the resident agent:

Name Kevin Brownlee Telephone Number 870-246-1230

Address 1140 Main Street - P.O. Box 476, Arkadelphia, AR 71923 E-Mail k. [email protected]


For the purpose of meeting the annual reporting requirements of the Arkansas Public Service Commission, the Electric Cooperatives will file the following forms annually:

1.

2.

3.

4.

5.

6.

Pages numbered "General 14" and COOP 5-20" provided herein by the Arkansas Public Senrice Commission.

Copies of pages I and 2 of RUS Form 7 by month for the calendar year being reported (for AECC file RUS Form 12).

Copies of pages 3 through 7, inclusive of RUS Form 7 as filed annually with RUS (for AECC file RUS Form 12).

A copy of Form 696, "Statement of Loan Account Transactions", by Quarter for the calendar year being reported (for AECC also file Form 697).

If your Cooperative also operates in other states, it is necessary that you also furnish a separate Part E (page 3), RUS Form 7, detailing only Arkansas utility plant information.

A copy of your Cooperative's latest Annuat Report to Members.


IDENTITY OF RESPONDENT

q. Give the exact name by which respondent was known in law at the close of the year. Use the initial word ‘The” only when it is part of the name:

South Central Arkansas Electric Cooperative, lnc.

2. Give the location (including street and number) of (a) the main Arkansas business office of respondent at the close of the year, and (b) if respondent is a foreign corporation, the main business office if not In this state:

(a) 1140 Main Street, Arkadelphia, AR 71923 (b) not applicable

3. Indicate by an x in the proper space (a) the type of service rendered, and (b) the type of organization under which respondent was operating at the end of the year.

(a) ( x ) Electric, ( Gas, ( ) Water, ( ) Telephone, ( ) Other

(b) ( ) Proprietorship, ( ) Partnership, ( ) Joint Stock Association, ( x ) Corporation, ( ) Other (describe below):

4. If respondent is not a corporation, give (a) date of organization, and (b) name of the proprietor or the names of all partners, and the extent of their respective interest at the close of the year.

(a) not appticabte

5. If a corporation, indicate (a) in which state respondent is incorporated, (b) date of incorporation, and (c) designation of the general law under which respondent was incorporated, or, if under special charter, the date of passage of the act

(a) Arkansas

(b) 81311940

(c) 8/3/1940

6. State whether or not respondent during the year conducted any part of its business within the State of Arkansas under a name or names other than that shown in response to Inquiry No. 1 above, and, if so, give full particulars: not applicable


7. State whether respondent is a consolidated or merged company. If so, (a) give date and authority for each consolidation or merger, (b) name all constituent and merged companies, and (c) give like particulars as required of the respondent in inquiry No. 5 above:

(a) is not a consolidated OF merged company

8. State whether respondent is a reorganized company. If so, give (a) name of original corporation, (b) date of reorganization, (c) reference to the laws under whhh it was reorganized and (d) state the occasion of the reorganization, whether because of forectosure of mortgage or othenvise, giving full particulars,

(a) not applicable

9. Was respondent subject to a receivership or other trust at any time during the year? If so, state:

Name of receiver or tntstee: not applicable

(b) Name of beneficiary or beneficiaries for whom trust was maintained:

(c) Purpose of the trust:

(d) Give (1) date of creation of receivership or other trust, and (2) date of acquisition of respondent: (1 1 (2)

10. Dld the respondent act in any of the capacities listed in Paragraph (a) below during the pastyeaR no If so,

(a) Indicate the applicable one by an X in the proper space:

( ) Guarantor, ( 1 Surety, ( ) Principal-obligor to a surely contract, ( ) Principal-obligor to a guaranty contract.

(b) Insert a statement showing the character, extent, and terms of the primary agreement OF obligation, including (1) names of all parties involved, (2) extent of liability of respondent, whether contingent or actual, (3) extent of liabilities of the other parties, whether contingent or actual, and (4) security taken or offered by respondent.


t 140 Maln Street, Arkadelphla, AR 71923 1.140 Maln Street Madelphia. AR 71923 1940 Maln Street. Arkadelphla, AR 71 923 t i40 Main Street, Arkadelphla. AR 71923 1140 Maln Street Arkadelohla. AR 71 923

DIRECTORS AND COMPENSATION

Y - - Y

711109 711 11 2 $24,174 711108 711 /I 1 $2 I ,374 711109 7/1/12 $20,665 711109 711112 $24,064 711108 7 / m I $22.864

Give the name and office addresses of all directors at the close of the year, dates of beginning and expiration of terms, and total compensation (inctuding payments and cost of other benefits, such as health insurance, etc. and excluding any reimbursements for business travel). Chairman (*) and Secretary (**) marked by asterisks.

2 3 4 5 6 7

Name of Director Terry Allgood Daniel B k k Elton Buck Hansel Hill Karen Kirkpatrick C. Brian Kirksey* Frances Nelson*

711 I1 0 711110 7/1110 711111

Compensatioi Date of Term Beuinnina I End O f h e Address

$271472 $29.345 $10,942 $24,974

Item NO. I

. . 1140 Maln Street &kadeIphla. AR 71 923 1940 Maln StreeL Arkadelphta, AR 71 923 1140 Maln Street Atkadelphla. AR 71923 1140 Maln Street. Arkadelphla. AR 71 923

Title

General ManagerlCEO

711 I07 711 107 717 I07 711108

Item NO. I

Title

General ManagerlCEO

PRINCIPAL OFFICERS AND KEY MANAGEMENT PERSONNEL

Give the title of the principal officers, managers and key personnel, the names and oflice addresses of persons holding such positions at the close of the year. and the annual salary of each.

I I

REPORT TO ARKANSAS PUBLIC SERVICE COMMISSION coop 5

68,991

86,876

1 ELECTRIC OPERATING F

68,991 - $ 86,876

Account

86,876

440 441. 442.1 442.2 444 445 446 447

ITOTAL OPERATING REVENUES-SYSTEM

448

450 45 1 453 454 455 456

3

SALES OF ELECTRIC ENERGY Residential Sales Irrigation Sales Com'l & Ind (I 000 kVA or less) Com'l8 Ind (Over 1000 kVA) Public Street & highway lighting Other sales to public authorities Sales to railroads and railways Sales for resale Interdepartmental sates

Total Electric Energy Sales OTHER ELECTRIC REVENUES Customers' forfeited discounts and penalties Miscellaneous service revenues Sale of water and water power Rent from electric property Interdepartmental rents Other etectric revenue

I Total Other Etectric Revenues TOTAL OPERATING REVENUES-ARKANSAS

ELECTRIC OPERATING

Account

I 1 ISALES OF ELECTRIC ENERGY 440 441 442.1 442.2 444 445 446 447 440

450 451 453 454 455 456

Residential Sales Irrigation Sales Com'l & Ind (1 000 kVA or less) Coml& Ind (Over 1000 kVA) Public Street & highway lighting Other sales to public authorities Sates to railroads and railways Sates for resale 1 nterdepartmen tal sales

OTHERELECTRICREVENUES Customers' forfeited discounts and penalties Miscel taneaus service revenues Sale of water and water power Rent from electric property Interdepartmental rents Other electric revenue

Total Etectric Energy Sales

Total Other Electric Revenues

[VENUES --ARKANSAS

9,298 5

796 8 8

107,567,439 152,493

24,719,821 93,758,557

A 72,009

.... .

$ 10,491,796 29,525

2,387,559 5,048,400

24,933

10.115 I 226,370,319 I $ 17,982,213 Gross Revenue I Expenses I Net Revenue

17,885 I

Average Number of Cons u me rs

9,298 5

796 8 8

I 10,115 Gross Revenue

17,885

I 68.991

Number of Kilowatt Hours

107,567,439 152,493

93,750,557 172,009

z4,n 9,821

226.370.31 9 Expenses

Revenue

$ 10,491,796 $ 29,525 $ 2,387,559 8 5,048,400 s 24,933

S 17.982.213 Net Revenue

- 17,885

68.991 -

$ 86,876 18.069.089

REPORT TO ARKANSAS PUBLIC SERVICE COMMISSION Coop 6

Date Issued 07/11/77

lden tification Number

9007 9009 9013 9014 9015-001 901 5-003 9015-004 901 9-004

3000001 3001001 3002001 3003001 3004001 3005001

D605-HO010 0605-H0015 0605-H0020 D605-HO025 0605-H0030 0605-H0035 D605H0040

Amount of Interest Maturity Issue Rate Date $353,000 6.35% 0711 III 2

Totals

System

4243,434

SCHEDULE OF CFC AND OTHER NOTE ISSUES

Arkansas

-$243,43L

02126/79 0211 618 1 10/07/84 12122189 12122189 12/22/89 0 1 10 310 1

02/15/07 02/15107 081 5/07 02/15/07 0 811 0/0 7 0811 0107

06/22/00 0613 010 0 01122101 0711 1/01 09/12/01 0211 9/02 0711 9102

$232,000 $868,000 $745,000

$1,313,053 $150,947 $77,053 $796,000

$906,394 $315,880 $914,609

$1,065,108 $63,871

$757,307

$1,000,000 $1,532,000

$958,000 $720,000 $550,000 $572,000

$j ,535,000

6.35% 6.00% 6.35% 6.35% 6.35% 6.35% 6.05%

6.03% 6.03% 6.03% 6.03% 6.08% 6.44%

6.06% 5.90% 5.50% 5.62% 5.32% 5.30% 5.35%

0211 611 4 I 01041 16 12l07ll Z 12122124 12122124 12122124 06119138

11/3012g 11130129 02128134 05131 134 0212811 A 1 1130133

01 103134 01 103134 01103134 01 IO3134 01 103134 01 IO3134 01 103134

Customer Deposits

Balance Beginning of Year ............ ... ... ... ... ... ..................... ... ... Credits:

Debits: (Account Credited 8 Amount)

Balance at End of Year ... ... ... ... ... ... ... ... ............... ... ... ... ... ... ....... - . - . .

Indicate Amount of Interest Paid to Customers During the Calendar Year.

Amount Outstanding At End of Year I Deferral Notes

$64,231 $62,946

$374,246 $413,722 $925,266 $1 05,585 $54,391

$71 2,690

$884,956 $298,572

$1,023,754 $29,022

$739,315

$892,047 $1,364,638

$844,926 $636,581 $484,475 $505,337

$1,3m,a52

$877,739

$12,660,291

Amount

REPORT TO ARKANSAS PU8LIC SERVICE COMMISSION coop 7

In the spaces provided below please furnish brief descriptions of all construction projects associated with lo! xm debt (referenced by loan numbers or loan designations) shown on Notes page andlor all RUS loans, lassified as follows:

Construction projects active during calendar year currently being reported in association with with either previous long-term debt or new toms obtained during calendar year currently being reported. Hwy 32 E replace conductor Hwy 32 E replace conductor Williams Rd replace conductor Joan Trail Conversion Vanderslce Rd Conversion Hobgood Rd Tie Line Hwy 299 Reconductor South Pike OSMOSE reject poles #I South Pike OSMOSE reject poles #2

Projected construction projects in association with either previous long-term debt or new loans obtained during calendar year currentIy being reported. Replace I O relay controls in substationslMP with 351 r SEL relays 3-S EL-2030 Communications Processor Labor and material for installation Convert 1-8a to 1-110 ACSR Mt Momah Rd east Clark Co. Convert 1-8a to 1-2 ACSR Reid Town Rd east Clark Co. Convert I-8a to l - l / O ACSR Parker Tap Hot springs Co. Convert I-6a to I - l J O ACSR Moms North, Nevada Co. Convert M a to 1-110 ACSR Hwy 200 Cale, Nevada Co. Convert M a to 1-2 ACSR Frank Glass Line Cale, Nevada Co.

Coop 8 REPORT TO ARKANSAS PUBLIC SERVICE COMMISSION

OPERATING EXPENSES Note: If your Cooperative also operates in other states and alIocates certain expenses to Arkansas operations,

please explain allocation rnethod(s) used for those expenses, e.g. % plant, number of customers, revenues, or other basis in space provided at bottom of report.

ARKANSAS 4ccounl Number rota1 System Account

. POWER PRODUCTION EXPENSES Steam Power Generation Operation: Operation Supervision and Engineering Fuel Steam Expenses Steam From Other Sources Steam Transferred - Credit Electric Expenses Miscellaneous Steam Power Expenses Rents

Maintenance: Maintenance Supervision and Engineering Maintenance of Structures Maintenance of 8oiler Plant Maintenance of Electric Plant Maintenance of Miscellaneous Steam Plant

Total Operation

Total Maintenance Total Steam Power Generation

Total Allocated Direct

500 501 502 503 504 505 506 507

510 51 I 512 513 514

517 51 8 51 9 520 521 522 523 524 525

528 529 530 531 532

5 - S -

"

S I E I

Nuclear Power Generation Operation: Operation Supenrision and Engineering Nuclear Fuel Expense Coolants and Water Steam Expenses Steam From Other Sources Steam Transferred - Credit Electric Expenses Miscellaneous Nuclear Power Expenses Rents

Maintenance: Maintenance Supenrision and Engineering Maintenance of Structures Maintenance of Reactor Plant Equipment Maintenance of Electric Plant Maintenance of Miscellaneous Nuclear Plan1

Total Operation

Totat Maintenance Total Nuclear Power Generation

$ * 3

*

*

- e


0 P E RAT1 N ( S 9ccounl Number -

535 536 537

539 540

538

541 542 543 544 545

546 547 548 549 550

551 552 553 554

555 556 557

rota1 System Account

Hydraulic Power Generation Operation: Operation Supervision and Engineering Water for Power Hydraulic Expenses Electric Expenses Miscellaneous Hydraulic Power Expenses Rents

Maintenance: Maintenance Supervision and Engineering Maintenance of Structures Maint. of Reservoirs, Dams &Waterways Maintenance of Electric Plant Maintenance of Misc. Hydraulic Plani

Total Maintenance Total Hydraulic Power Generation

Total Operation

Direct Total

s -

Other Power Generation Operation: Operation Supervision and Engineering Fuel Generation Expenses Misc. Other Power Generation Expenses Rents

Maintenance: Maintenance Supervision and Engineering Maintenance of Structures Maint. of Generation and Electric Plant Maint. of Misc. Other Power Gen. Planf

Total Operation

Total Maintenance Total Other Power Generation

5 e

Other Power Supply Expenses Purchased Power System Control and Load Dispatching Other Expenses

TOTAL POWER PRODUCTION EXPENSES

Total Other Power Supply Expenses

$10,123,804

E 10.123,804

$10,123,804 "

$ A0,123,804

$ 10.123.804 $10.123.804 -.

$10.123.804 $ 10,123,804 $10,123,804

REPORT TO ARKANSAS PUBLIC SERVICE COMMISSION coop I O

- \ccoun Yumbei -

560 561 562 563 564 565 566 567

568 569 570 571 572 573

580 581 582 583 584 585 586 587 588 589

590 591 592 593 594 595 596 597 598

OPEMTING EXPENSES Account

I. TRANSMISSION EXPENSES Operation: Operation Supervision and Engineering Load Dispatching Station Expenses Overhead Line Expenses Underground Line Expenses Transmission of Electricity by Others Miscellaneous Transmission Expenses Rents

Maintenance: Maintenance Supervision and Engineering Maintenance of Structures Maint. of Station Equipment Maintenance of Overhead Lines Maintenance of Underground Lines Maintenance of Misc. Transmission Plant

Total Operation

Total Maintenance

TOTAL TRANSMISSION EXPENSES

Operation: Operation Supervision and Engineering Load Dispatching Station Expenses Overhead Line Expenses Underground Line Expenses Street Lighting and Signal System Expenses Meter Expenses Customer 1 nstallations Expenses Miscellaneous Distribution Expenses Rents

Maintenance: Maintenance Supervision and Engineering Maintenance of Structures Maint. of Station Equipment Maintenance of Overhead Lines Maintenance of Underground Lines Maintenance of Line Transfomers Maint. of street Lighting and Signal System Maintenance of Meters Maintenance of Misc. Distribution Plan!

Total Maintenance

. DISTRIBUTION EXPENSES

Total Operation

TOTAL DISTRIBUTION EXPENSES

Total System

s 651 $ 7,946

$ 8.597

$ 5,813

$ 5.81 3

$ 14,410

$ 70.072 $ 819.437 $ 17,392 $ 403 $ 139,654 $ 15,450 $ 8,398 $ $ 1,070,806

I

$ 18,129 $ 1,159,739 $ 28,270 $ 28,062 $ 37,229

$ 1,271,429

$ 2.342.235

Direct

$ 651 s 7.946

8 8.597

$ 5,813

$ 5.813

$ 14,410

$ 70,072 S 819,437 $ 17.392 $ 403 $ 139,654 $ 15.450 $ 8,398 $ $ 1,070,806

-

$ 18,129 $ 1,159,739 $ 28,270 $ 28,062 $ 37,229

$ 1,271,429

I 2,342,235

s 1

5

Total

$ - - 651

7,946 *

- I

$ 8.597

- "

- 5,813 -

$ 5.81 3

$ 14,410

$ "

70.072 81 9.437

17.392 403

139,654 15,450 8,398 -

$ 1,070,806

$ I - 18,129

1,159,739 28,270 28,062 37,229 -

- $ 1,271,429

$ 2.342.235


OPERATING EXPENSI - 4ccounl Number

901 902 903 904 905

-

907 908 909 910

91 1 912 91 3 914

91 5

916

920 921 922 923 924 925 926 927 928 929 930

Account

I. CUSTOMER ACCOUNTS EXPENSES Supervision Meter Reading Expenses Customer Records and Collection mpenses Uncollectible Accounts Misc. Customer Accounts Expenses

TOTAL CUSTOMER ACCTS EXPENSES ;.CUSTOMER SERVICE & INFO EXPENSES

Supervision Customer Assistance Expenses Informational & Instructionat Advertising Exp Misc. Customer Senrice & Informational Exp

TOTAL GUST SERV & INFO EXPENSES

Supervision Demonstdng 8 Selling Expenses Advertising Expenses Revenues from Mercandising, Jobbing, and Contract Work (Cr.)

Costs 8 Expenses of Merchandising, Jobbing and Contract Work

Miscellaneous Sales Expenses

TOTAL SALES EXPENSES

. SALES EXPENSES

,ADMINISTRATIVE & GENERAL EXPENSES Operatlon: Administrative and Generat Salaries Office Supplies and Expenses Administrathe Expenses Transferred (Cr.) Outside Services Employed Properiy Insurance Injuries and Damages Employee Pensions and Benefits Franchise Requirements Regulatory Commission Expenses Duplicate Charges (Cr.) Miscellaneous General Expenses

Maintenance: Maintenance of General Ptant

TOTAL ADM & GENERAL EXPENSES

Total Operation

Totat System

79,038 $ 460,535 $ (500:

$ 539,073

$ 62,491 $ 6,650

$ 69.141

$ 474,048 $ 88,083

$ 128,065

$ 11,176 $ (3,100:

$ 32,500

$ 407,986 $ 1,138,758

$ 18,045

$ 1.156.803

S

Direct

$ 79,038 $ 460,535 $ (500

$ 539,073

S 62,491 s 6,650

$ 69,141

$ 474,048 s m,oa3

S 128,065

$ 11,176 $ (3,100

$ 32,500

$ 407,986 $ 1,138,758

$ 18,045

$ 1.156.803 s

Total

$ - 79,038

460,535 (500 -

$ 539,073

$ - 62,491 6,650

*

$ 474,048 88,083

128,065

11,176 (3,100

32,500

407,986 5 1,738,758

18,045

5 1.156.803

*

I

- -


llccount rlumber - 403.1 403.2 403.3 403.4 403.5 403.6 403.7

404 405 406 407

OPERATING EXPENSES Account

. DEPRECIATION &AMORTIZATION U P Depreciation: Depr. Exp. - Steam Production Plant Depr. Exp. - Nuclear Production Plant Depr. Exp. - Hydraulic Production Plant Depr. Exp. - Other Production Plant Depr. Exp. - Transmission Plant Depr. Exp. - Distribution Plant Depr. Exp. - General Plant Amortization: Amok of Limited-Term Electric Plant Amort. of Other Electric Plant Amok of Electric Plant Acquisition Adjs. Amok of Property Losses

Total Amortization

TOTAL DEPR. & AMORTIZATION EXPS.

Total Depreciation Expense

TOTAL OPERATING EXPENSES EXCLUDING TAXES & INTERESTI

Explain Allocation Methods used:

rota1 System

S 32,645 3 1,432,276 $ 69,647 $ 1.534.568

3 1.534.568

$ 15,780,034

Direct

$ 32,645 $ 1,432,276 $ 69,647 $ 1.534.568

$ 1334.568

$15,780,034

Total

$ - I

- I

32,645 1,432,276

69.647 $ 1.534.568

$ 1,534,568

S 15.780.034

Explain any unusual items included above:


Name of Coopemtiveal Arkansas Electric Coot Time Period

FUTURE SALES, LOADS, & RESOURCES PER DOCKET NO. U-2897 -- ELECTRIC UTILITIES -- . Provide the following information relating to generating plants, both existing and proposed, (and

associated fuel supply and other facilities) with a capacity of 50 MW OF more to e used to supply system demands during the next five (5) calendar years:

(a i% b)

Name & Locaffon of Plant

No generating plants are owned or contemplated in the future.

Date (a

Const Beg.

(dl Plant In Sewlce

Date

Pla

% Owned

(e) : Ownershlp

Other Owners (If Applicable)

Coop 14 REPORT TO ARKANSAS PUBLIC SERVICE COMMISSION

Name of Cooperative South Central Arhansas El f ime Period

FUTURE SALES, LOADS, & RESOURCES PER DOCKET NO. U-2897 -- ELECTRIC UTILITIES -- I . Continued

(fl Plant

Capacity WW)

Is) % Plant Capacity Avallable to Meet

Firm Demands

(h)

Plant Type

ci)

Net Heat Rate

(W cost of Plant

ill Plant Cost

Per KW Capacity


Line Distance

. . - . - . ... . .

Name of Cooperative South Central Khansas Electric Coop Time Period

Purpose of Llne Route of Llne

FUTURE SALES, LOADS, & RESOURCES PER DOCKET NO. U-2897 -- ELECTRIC UTILITIES -- 2. Provide the following information relating to electric transmission lines (and associated facilities

including substations) of a design voltage of 100 KV OF more extending more than 10 mites and lor of 170 KV or more extending 1 mile to be used to supply system demands during the next two (2) calendar years:

No transr ision lines lwned or planned fc the future.

(el

cost of Llne

(k)

cost of Plant

Su bstatlons (0

Number

(9)

Location


Date to be Placed In Service

-- ELECTRIC UTILITES --

Line Ownershin

% Owned Other Owners (if applicable)

Name of Cooperative South Central Arkansas Electric (Time Period

FUTURE SALES, LOADS, & RESOURCES PER DOCKET NO. U-2897

2. Continued

(h)

Date Const. BeganlBeg ins


Name of Cooperative South Central Arkansas Electric Time Period

FUTURE SALES, LOADS, & RESOURCES PER DOCKET NO. U-2897 -- ELECTRIC UTILITIES - 3. Provide by consumer classes (include residential or domestic sales, commercial sales, industrial

sales, public street and highway lighting sales, other sales to public authorities, sales or resde, interdepartmental sales) forecasts of the following for the next two (2) calendar years:

Year

- 2010

201 1

(a)

Customer Class

1 2 4 5 6 7

1 2 4 5 6 7

(b)

Avg. No, of Customers

8,870 880

9 593

8 9

8,932 886

9 597

8 9

(a

Sales Kwh

129,775,533 4,564,085

128,985 17,618,578

145,417,j 07 197,880

130,683,950 4,564,085

128,985 17,741,908

14541 7,107 197,880

W)

System Peak Demand (kw)

25,870 770 17

3,556 29,044

17

29,051 3,581

17 2,492

29,044 17

NonGoincldental Peak Demand (kw)

28,505 849 32

3,918 32,001

32

28,704 3,945

32 3,588

32,001 32


Average Annual Load factor (Based on System Peak

Demand)

57.27%

Name of Cooperative South Central Arkansas Electric C Time Period

Average Annual Load factor (Based on Non-Coincldenbl

Peak Demand)

51.97%

FUTURE SALES, LOADS, & RESOURCES PER DOCKET NO. U-2897 - ELECTRIC UTILITIES --

3. Continued

67.66% 86.61 % 56.56% 57.1 6%

132.88%

51 35% 14.55% 86.61% 81.27% 57.16%

132.88%

61.37% 46-01, W 51.33%

70.59% 51 37%

51.97% 13.21 ?4 46.01 ?4 56.45% 51. .87% 70.59%

(h) -

% Llne losses

1 1.54% 11.54% 1 1.54% 1 I .54% 1.50% 11.54%

11.54% 11 5 4 % 11.54% 11.54% 1.50% 11 -54%


Name of Cooperative entral Arkansas Electric Coopem Time Period

FUTURE SALES, LOADS, & RESOURCES PER DOCKET NO. U-2897 -1 ELECTRIC UTILITIES -

5. Describe methodology used in forecasts in sufficient detail to allow replication by a third party. Include graphs and formulae if appropriate.

Reference Number 3 a - h. Standard "Demand Table" RUS curve Bultetin 45-2 used where applicable for kW demand. Power requirement forecast, past performance. and current trends were all used for projected kWh sates. Street and highway lighting was projected by considering number of fixtures@ .150 per light and 62 kWl used per light.

Reference Number 4a and 4c. Above and below average seasons will come on occasion and can affect kWh proiected usage. We have considered average seasons and past performance with locat economic conditions on the number of new consumers and sales of power increases. 4c is not applicable, sinca all power is purchased from AECC, with to maximum contract amount.


CHECK LIST

Company Name South Central Arkansas Electric Cooperative, Inc.

Instructions: In the spaces provided, please enter the appropriate amounts from the Annual Report to the APSC and the yearend RUS Form 7. Any differences should be fully explained. Any differences between ending figures from last year's annual report and beginning balances in this yeafs annual report should be fully explained.

Description

Total Operating Revenue - System

Operating Expenses - System (Excluding Taxes and Interest)

Total Power Production Expense Total Transmission Expense Total Distribution - Operation Expense Total Distribution - Maintenance Expense Total Customer Accounts Expense Total Customer Service and Informational Expense Total Sales Expense Total Administrative and General Expense Total Deareciation and Amortization Expense

Annual Report

Amount 1806908!

15780034

10123804 1441(

107080t 127142! 53907: 6914

1 15680: 1534561

RUS Form 7 Amount

1806908!

157800s

10123801 1441l

107080t 127142! 53907: 6914'

1 15680: 1534561

Difference


STATEMENT OF ACCURACY

1 do hereby state that the amounts contained in this report are true and accurate, schedules have been cross-referenced by use of the attached check list, and that the accuracy of all totals has been verified by me or under my supewision. Should 1 or anyone under my supervision become aware of any error in or omission from this report, 1 will take steps to notify the Arkansas Public Service Commission of such error or omission and provide corrected schedules as soon as possible.

@ K&& PresidentlGeneral Manager


Company Name

Official Maihg

South Central Arkansas Electric Cooperative, Inc.

P.O. Box 476, Arkadelphia, AR 71 923 Address

Cost of Debt Report

Income Taxes

Please list the number of utility employees located in Arkansas 35.

UNITED STATES DEPARTMENT OF AGRICWLTURE R U R I \ L U T L ~ S E R W C E

.2. AIlowance for Funds Used Durinp Consuucrion ,3. Income (Loss) fmm Equity Invesrmentr

S. Genemtion and Transmission Capital Credits .6. 0th Capiml Crcdits and Patramcc Dividcnds

.4. Non Operating Margins - Othcr

BORROWER DESIGNATION mo 02 9

PERIOD ENDED

1.360 1,309 1.100 1.309

I

FINANCIAL AND STATISTICAL REPORT h n u a r v . 2009 NSTRUCTIONS - For detailed insiructiors, sccRUS Bullctin I717B-2. I3ORROWER NAME

CERTIFI CATIOX

We rceogntze that state men!^ contained hcrein concern a matter wIthln tbe furisdtctIon or an agency o f the Wnitcd States and the maklng of a falsc, nctltlour or rrandulent statement may render the maker subject to prosecution under TitIe 18, United States Code Section 1001.

Wc hcrcby ccnify tbnt thc cntrics in this rcpon PIC in accotdnncc with thc i c c o u n ~ and othcr rccords of Ihc systcm and rcflcct Ihc swws of thc systcm to the bEst o f our howlcdgc and bclieC

ALL INSURANCE REQUIRED BY PART 1788 OF 7 CFR CHAFTER XVII, RUS, \%‘AS IN FORCE DURING THE REPORTI” PERIOD AND RENEWALS HAVE BEEN OBTArPiED FOR ALL POLICIES

DURING THE PERIOD COVERED BY THIS REPORT PURSUANT TO PART 1718 OF 7 CFR CHAPTER X W (chcck one of IcJolllpn~ng)

All of h obligations undcr the RUS loan docurncnts have bccn fulfilfillcd in all materia1 rcspccts.

DATE

D Thcrc has bccn a dcfault in thc fulfifImcnt of thc obligations undcr thc RUS loan dommts . Said dcfault(s) idam spceifically dcscribtd in Part D of this rcpon

PART A. STATEMEhT OF OPERATIONS YEAR-TO-DATE

LASTYEAR I THISYEAR I BUDGET THIS M O M ITEM

.7. Exmordinnry Itcms I 1 I I

.8. Patronage Capital or Margins (10 lhm 27) (2,051) I ( 9 , 0 7 7 ) I 30,1041 19,077) RUS Form 7

FINANCIAL AND STATISTICAL REPORT January, 2009

PART B. DATA ON TRANSMISSION Ah'D DISTRIBUTION PLANT

AI10029

PERIOD ENDED

ITEM

, New Scniccs Conncctcd I I I , SdccsRedred

YEAR-TO-DATE YEAR-TO-DATE THIS YEAR LAST YEAR THIS YEAR

(a) (a) ITEM (4 (61 LASTYEAR

15 19 5. Miles Transmission 19 I 92 19.92

10,770 . Tola1 Services in PIace

I . Idleservices IEtelude Senrod1 54.69 59.08 7. Miles Distribution -

913 Undcrgmund

7351 1,826 2 0 1 1.833 -04 .- - - - - ~ I I I I PART C. BALAKCE SHEET

LIABILITIES AND OTAER CREDITS ASSETS Aha OTHER DEBITS

. Total Utility Plant in Servicc .................................. 52,644,383 !. Construction Work in Progress ............................... 374,665 I. Total Uriliv Plant (1 + 2) ....................................... 53,019,048 1. Accum. ProVision for Depreciation and Amon ...... 12,627,106 i. Non-Utility P r ~ p c q (Net) .................................... 0 I. Invetmcnts in Subsidiary Cornpanics ................... 0 i. NefUtiIityPlmtf3-4) .......................................... 40,391,942

L. Invest. in Assoc. Org. - Patmnage Capital ............. 8,214.5B9 1. Invcst. in Assoc. Org. - Othcr - General Funds ...... 1,093,471 .O. Invat. in Assoc. Org. - Othcr - Nongcneral Funds.. 536,225

0 2. Other Invcsmcnts .................................................. 119,344

490. I22 14. Tom1 Olher Pmpcrty & Invcstmcnts (6 Ihru 13) ... 10,603,751

, I . Inveshncnts in Economic Developmcnt Projects .... 13. Special Funds .......................................................... 15. Cash - G C I I ~ I F ~ n d s .............................................. 298.360 16. Cosh . Consmction Funds . T~ustee ..................... 17. Special Deposits ..................................................... 100 18. Tcmpomy Invmmrts ......................................... 0 19. Notcs Rcccivable (Net) ...........................................

1

0 !O. Accounts RcceivabIc - Sales of Energy (Net) .......... 2,311,920 !I. Accolmts ReceivabIe - Other (Net) ........................ 345,156 9. Materials and Supplics - Elcctric & Other ............. 561.054 5. Prepayments ........................................................... 75.431

19,378 5. Tom1 Current and Accrued Asses (15 rhm 24) ..... 3,611 400 !4. Other Current and Accrued Assets ........................ !6. Regulatory Assets .................................................. 0 !7. Othcr Dcferrcd Dcbia ............................................ 3 5 , 4 8 3 18. Tom1 Asscts aad Othcr Debits (5+f4+25 rhnr 27}.. sa, 4 4 2 , sa2

124,495 18. 179. 089

0 (22,1361

33. Non-Opemting Margins 51,212

35. Total Margins & Quities (29 !Itm 34) ....................... 18,l04,00S 18,731,210

........... 6,093,856 0

29. Membtrships .............................................................. 30. Patmnage Capital ........................................................ 3 I. Operating Margins . Prior Y m 32. Operating Margins - Current Ycar ............................... 34. Other Margins and Equities ........................................ 36. Long-Term Debt RUS (Net) ..................................... 37. Long-Term Debt - ETB . RUS Guaranteed.... 38. Long-Term Debt- Other- RUS Guaranteed..............

6,555.7ao 39. Long-Term Debt Other met) ..................................... 40. Long-Tem Deb! - RUS . Econ. Dcvel. met) 41. Payments - Unapplied 322,983 43. Obligations Undcr Capital LESS - N o n e m t .........

................................. ..............................................

(zza, 655)

0

30,457,863 0

2,524, C O B 2,524,408

............. 42. Total Long-Tern Debt (36 thm 40 . 4i) ..................... 44. Accumulated Operating Provisions

and Assct Rctiremenf Obligations.. ...................... 45. Total 0th Noncurrent Liabilities (43 + 44) ............. 47. Accounts Payabtc ....................................................... 48. C o m c r s Dcposits .................................................. 50. Current Maturities Long-Term Deb

46. Notes Payable 0 ...................................................... - ..... 1.202.360

246,170 I, 017,997 49. Current Maturities Long-Tcrm Debt. .........................

-Economic Development 0 ................................... 51. Currrnt Maturitics Capital Leases.

54. Rcgulatory Libilitm 0

54,442,582

0 889,779

3,356,306

0

............................ 52. Othcr Currcnt and Acerucd Liabilities ........................ 53. Total Current & Accrued Liabilities ( 4 6 t h 52) ....... . . . . .................................................. 55. Other D e f c d Crcdi ~...-......................................... 56. Total Liabilities and Othcr Crcdits

(3S+ 42 + 45 + 53 ihru 55) ........................................

FINANCIAL AND STATISTICAL REPORT February, 2009 IBORROWR NAME NSTRUCTIONS - For dctailcd instructions. scc RUS Bullctin 17178.2.

7rLrdnrO ndllbe tlrcdby RLlSio ~ ~ i ~ ~ v ~ r f 7 n o r i c I a l s i r u a t ~ o ~ Your mpmte Lt , q u i d ( 7 U.S.C. W i et. seqs andmqy be mnrdcnriul. som ,-- ARK ELEc coop INC

All of the obligations undcr thc RUS loan documents have bcm fulfilled in all matcrial mpts.

DATE

Thcrc has bctn a dcfault in the fulfittment of the obIigations under the RUS loan documents. Said dcfault(s) idare specifically described in Part D of this rcport

RUS Fonn 7

FINANCIAL AND STATISTICAL REPORT

NsfRUCTIONS - Scc RUS Bulktin I717B-2

I . Total Utility PIant in Service .................................. 52, 830.349 2. Construction Work in Progress ............................... 390,397 4. Accurn. Provision for Depreciation and Amort ...... 12,745,166 5. Nct utility PInnt (3 - 4) .......................................... 4 0 , 4 7 5 , 580 5. Non-Utility Propeiry (Net) .................................... 0 7. Invcstmcnts in Subsidiary Companies ................... 0

3. Total UtiIiry Plant ( I .I. 2) ....................................... 53 . 220,7d6

3. Invcst. in Amc. Org. . Patronage Capital ............. 8,214.447 9. Invest. in Assoc. Org. - Other - General Funds ...... 1 , 0 9 1 , 9 6 2 IO. Invest. in Assoc. Org. - Othcr - Nongcnml Funds.. 536,225 I I , Invmmcna in Economic Devclopmcnt Projects .... 0 12. Other Investments .................................................. 119.344 13. Spccial Funds .......................................................... 440,209 14. Total Othcr Property & Invcstmcnts (6 Ihm 13) ... 10,402,267 IS. Cash . General Funds .............................................. 88,530 16. Cash - Construction Fun& -Trustee ..................... 1 17. Special Deposits ..................................................... 100 IS. Tempomy Invcstments ......................................... 0 19. Nota Receivable (Nct) ........................................... 0 10. Accounts Receivablc Salcs of Energy Wet) 2 , 4 7 8 , 8 8 8 21. Accounts Receivablc . Othcr met) ........................ 256.780 22. Materials and Supplies - Electric & Other ............. 561,387 13. Prepayments ........................................................... 118,281 24. Othcr Current and Accrued Assets ........................ 13,661 5. Total Cumnt and Accmed Assets (I5 !hru 24) ..... 3,491,628

0 l7. Other Deferred Debits ............................................ 31,626 28. Total Assets and Other Debits (S+14+25 fhru 27)- 54,401,101

. ..........

26. Regulatory Assets .. ....................................... ........

moo29

PERIOD Ehl]ED February, 2009

124.645 29. Memberships .............................................................. 30. Patronage ~ p i t a l ........................................................ 3 I . Operating Margins - Prior Years .................................

l B , 1 7 9 , 090 0

299,621 32. O p C d I g Margins - hrrcnt Ymr ............................... 33. Non-Opcrating M~ns.............................................. 64 ,224

303,437 34. Other Margins and Equitits .................................... ... 35. Total Margins & Equitics (29 lhnt 34) .......................

18,964,077 36. Long-Tcrm Debt - RUS met) ..................................... 37. Long-Tern Debt . FFB . RUS Guaranteed 6,093,856

0 38. Long-Tcnn Debt - Other- RUS Guaranted ............. 6 , 4 7 1 , 3 5 4 39. Long-Term Debt Other (Wct) .....................................

0 40. Long-Term Debt . RUS . Econ. Devel. (Net) ............. 41. Payments - Unapplied 934.318

30,194,969 42. Total Long-Term Dcbt (36 rhru 40 - 41) ..................... 0

44. Accumulated Opemting Provisions 1 ,999 ,286 and Asset Retirement Obligations.. ......................

45, Total Othcr Noncurrent Liabilities 143 + 44) .............

47, Accounts Payablc 1 , 0 8 5 , 3 6 1 48. Consumers Deposits 250,901 49. Current Maturities Long-Ten Deb! .......................... 1,0B3,951

0 0

821,596 3 ,241 ,829

0

54,407,101

ia,971,oi~

................

43. ObIigations Under Ckpital Le;ises - Noncurrenf ......... i.999,m

46. Not= Payable ............................................................. 0 .......................................................

.................................................. 50. Current Maturities Long-Term Debt

51. Current Maturities Capital Leases ............................. 52. Orher Current and Amwed LiabiIities

-Economic Development ..................................

53. Total Cumnr &Accrued Liabilities (46 thm 52) ....... 54. Regulatory Liabilities 0 55. Other Deferred Crcdits ............................................... 56. Totd LiabXtits and Other Credits

(35+ 42 + 45 + 53 lhm 55) ........................................

........................ ..................................................

YE AR-TGDATE THIS YEAR

(4 LAsrYEAK

ITEM (b) lTEM

. New Serviccs Connecfed 27 28 5. Milts Transmission !. Serviccs Rctircd

1. Total ScrVica in P h C C

1. Idle Scrvices

6. Miles Distribution - 7. Miles Distribution - 8. Total Mifa Energized

lr4 Overhead 9

1 0 , 7 7 8 lo* 915 Underground

(&dude Semonolr) 74 1 7B5 ( 5 * 6 + 7 )

YEhR-TO- DATE LAST YEAR THIS YEAR

(a) (b) 19.92 19.92

1,751.26 1,753.33

- 55.17 5 9 . l e

1.833.03 1.826.35

staterncat m3y rcndcr the maker subject to pmamtion underXtIc IS, United Statu CodeSectIon 1001.

We hereby cenify that he entries in this rcport arc in accordance with the ncmunb and other rcwrds ofthc systcm and rcncct tfic status of Ihe system to Ihe b a t of

ALL INSURANCE REQUIRED BY PART 1788 OF 7CFR CHAPTER XVII, RUS, WAS IN FORCE DURING THE REPORTING PERlOD AND

W l I N G J H E P E R l O P ~ D W ~ I S l t a O ~ P U R S U A m l O ~ l w r l ~ ~ O F 7 C F R a u P r r n ~ l (check one of the followhg)

QAll of !he cbllgations under the RUS loan documents haw been fulfilled In alt material respects.

There has been a default In the fulfillment of the obligations under the RUS loan documents. Sald defaultIs) islare specifically described in Part 0 of thls repoh

RUS FORM 7

USDA - RUS IBORROWER DESIGNATION

I 4.750.91 6. Miles Dlst-Overhead 46 2. ServicesRetired 11


1,754.07

AR0029 PERIOD ENDED

55.44 3. Total Senices In Place 7. Mil= Dlst-Ufldergmund

10.792 t0,931

INSTRUCTIONS - S e REA BuWn 17f7E-2 March-09 PART 8. DATA ON TRANSMISSION AND DISTRIBUTION PUNT YEAR-TO-DAE Y EAR-TO-DATE

ITEM LAST YEAR 1 THISYEAR E M LAST YEAR 1 THIS YEAR

59.49

1. Total Utility Plant io Service .............. 53,041,814 2. Construction Work In Progress ...................... 430,734 3. Total Utility Plant (1+2) .......................................... 53,472,548 4. Accurn. Provision for Depreciation & Arno rt... ...... i2.850,i$3 5. Net Utility Plant (3 - 4) ............. 40,622,435 - 6. Non-utility Property - (Net) .................................. 0 7. Investments in Subsidiary Companies ................ 0 8. Invest. In Assoc. Org. - Patronage Capltal .......... B.214.447 9. 1,414,538 Invest In Assoe Org - Other - Gen Funds ............

29. Memberships .................................... ... 124,405 30. Patronage Capital .......................................... 31. Operating Margins - Prior Years.,. .................................... 32. Operating Margins - Current Year. 33. Non Operating Margins .................... 34. Other Marglns and Equities .............................. 35. Total Margins & Equities (29 thru 34) .................

‘I 8,179,090

2 0 7,9 3 6 77.621 303.437

18,892,489 18.5gO.2Og 6,062,342

36. Long-Term Debt RUS (Net).. 37. Long-Term Debt - FFB - RU

I I I I 1 4. Idle Sewices 1 8. Total Miles Energized I I

IO. Invest in Assoc Org - Other - Nongen Funds ....... 533.187 It. Investments In Ewnomlc Devel. Proje cts... ........... 12. Other Investments ................................................. t26,940 13. Special Funds ....................................................... 440.289 .4. Totat Other Property and Invest(6 thru 13) ......... 10,729,401 5. Cash - General Funds ............. 131,525 6. Cash - Construction Funds -Trustee.. 1 7. Special Deposits .................................................... t 00 8. Temporary Investments ............................................. 9. Notes Receivable (Net) .......................................... 10. Accnunts Receivable -Sales of Energy (Net) ...... f,993,813 !l. Accounts Receivable 1 Other (Net) ...................... 122.986 2. Materials and Supplies - Electric and Other ........ 578,748 :3. Prepayments ......................................................... 228.Ot9 :4. Other Current and Acerued Assets.... t 9,087 5. Total Current and Accrued Assets ( I 5 thnr 24) 3,074,279 6. Regulatory Assets ................................................................. 7. Other Deferred Debi ts... ....................................... 26,428 8. Total Assets and Other Debits (5+14+25 thru 27) 54,452,543

w- 754 I 820 I (5+6+7) 1,82827 I 3.833.48 I I FARTC. BALANCE SHEET

ASSETS AND OTHER DEBITS I LIABILITIES AND OTHER CREDITS

38. Long-Tmn Debt - Other - RUS Guaranteed .........

40. Long-Term Debt - RUS - Ewn. Devel.(Net) ................... 41. Payments - Unapplied ..... ................ 934.318

30.189.587 ..................... 0 43. Obligations Under Capital Leases

44. Accumulated Operating Provisions ... 2.01 5,477 45. Total Other Noncurrent 2.01 5.477 46. Notes Payable.. ........... ..................... 0 47. Amounts Payable .............. 1.237.786 48. Consumers Deposits ............................. 249.91 1 49. Current Maturities Long-Term Debt .................... 1.026,879 50. Current Maturities Long-Term Debt

51. Current Maturities Capital Leases.. 52. Other Cunent and Accrued Liabilities ................. 53. Total Current & A m e d Liabilities (45 thnr 52) ....

55. Other Deferred Credits ........... 56. Total Liabilites and Other Credits

0 6,471,354 39. Long-Term Debt Other (Net) ............................

42. Totat long-Tern Debt (36

-Economic Development. .........................

840.414 3.3 5 4.9 9 0

0 54. Regulatory LiabfPes ...................................... 0

(35+42+45+53 thru 55) ................................... 54,452.543

UNITED STATES DEPARTMENTOF AGRICULTURE RURAL UTiLITIES SERVICE

FINANCIAL AND STATISTICAL REPORT NSTRLImIONS - For dctsilcd instructions. see RUS SuIlcfin I7lfB-2.

All o f the obligations undcr the RUS loan documcnts havc bccn fulfilled in all material respecis.

BORROWER DESIGNATION moo29

PERIOD ENDED April . 2009 BORROWER NAME

c3 Thcrc has bcm a dehult in Ihe tullillrnent of thc obligations under the RUS loin documcnts. Said dcfaull(s) idarc specifically dcscribd in Part D ofthis rcporl.

PARTk SrATERlENT OF OPERATIONS Y EAR-TO-D ATE

THIS MONTH ITEM

1,364,09! r

741.57:

5,871 90.174

~ 4 ~ 8 9 :

43.065 7.47:

c 69.621

I, 324.06: 4Q.03: .._ . .

53.43:

RUS Fom 7

USDA - RUS !BORROWER DESIGNATION


!STRUCTIONS - Scc RUS Bulletin 17 I n - 2

MOO29

PERIOD ENDED April, 2009

ITEM

New Scrviccs Conncctcd

Y EAR-TO-DATE Y EAR-TO-D ATE LASTYEAR THIS YEAR LAST YEAR THlS YEAR

(a) ib) ITEM I d (bl 51 59 5. MilcsTransmission 19.92 19.92

Services Retired

Total Scwiccs in Place

LIABILITIES AND OTHER CREDlTS I ASSETS AND OTHER DEBITS

1,751.50 I, 754.56 6. Miles Distribution -

7. Miles Distribution - 12 Overhcad

10,805 1'. 939 Underground 55 - 58 59.75 833 I , IdlcScrviccs ( f ichdc sensunnnt) I, 827.00 1.834.23 5. Total Miles Energized (5 -+ 6 + 7)

. Tolal Utility Plant in Scrvicc .................................. 53*212*301

. Construction Work in Progress ............................... 503 . Total Utility PJnnt (/ + 2) ....................................... 53,716,016

. Net Utility Plant (3 - 4) .......................................... 40,743,277

. Non-UdIity Property (Net) 0

. Invcstmcnts in Subsidiary Companics ................... 0 . . Invest. in Assoc. Org. Patronagc Capital ............. 8,2144*47

. 1.318, 813 0. Invcst. in Assoc. 0% - Other - Nongencml Funds.. 533,188

.... I. Investments in Economic Dcveloprnent Projects 0 2. Othcr lnvcstmcnts 126. 9 4 0 3. Spccid Funds .......................................................... 440.289 4. Total Other Pmpetty & Investments 16 lltm I>) ... 1 0 , 6 3 3 , 6 7 7 5, Cash - Gencnl Funds .............................................. 194 . 7 2 7 6. Cash . Construction Funds - Trustee ..................... 1. 7. Special Dcposits ..................................................... 100

0

1 . 922, 207 90,629

555, 987

. . Accum Provision for Dcpmiation and Amon ...... 12.972 . 7 3 9

....................................

Invest. in ASSOC. 0%. . Othcr - Gcncnl Funds ......

..................................................

8. Tcmpomry Investmen& ......................................... 0 9. Notcs Rcccivablc met) ........................................... 0. Accounls Rcceivablc - Sal s of Energy WCI) .......... 1. Accounts Receivable - Other (Net) ........................ 3. Prepaymenls ........................................................... 716 .322 4. Othcr Currcnt and Accrucd Assets ........................ 15.021 5. Total Current and Accrucd Asscts ( I S tlim 24) ..... 2 , 995, 000 6. Reglatory Assets .................................................. 0 .7. Othcr Defcrrcd Dcbits ............................................ 23,630 8. Total A w t s and Other Debils (S+Id+25 thnr 271.. 54 . 3 9 5 , 3 8 4

2. Materials and Supplics - Electric & Othcr .............

124,600 .............................................................. 29. Memberships 30. Patmnagc Capital 18, 179,090 31. Optmting Magins - Prior Ycars. ................................ 33. Non-Operating Margins 91,020 34. Othcr Margins and Equitics

ie.523,m

........................................................ 0

267,969 32. Operating Margins - Current Ye= .............................. ..............................................

303,437 18,946,116

........................................ 35. Toul Margins & Equities (29 ikni 34) 36. Long-Term Dcbt- RUS INct) ..................................... 37. Long-Tcm Dcbt- FFB - RUS Gu~~nt tcd . 38. Long-Term Dcbt - Othcr . RUS Guamnteed .......... -.. 39. tong-Tcrm Debt Otlicr (Nct) .....................................

....................... 6,062,342

0 6,471,355

0

824,326 30,232,852

0

...............

40. Long-Tern Debt . RUS - Econ. Devel. ("et) ............. 41. Paymcnts - Unapplied 43. Obligations Under Capita1 Lases - NoncurrcnL ........ 44. Accurnulatcd Opemting Provisions

2 , 0 3 1 , m 45. Total Othcr Noncurrent Liabilities (43 + #4) ............. 16. Notes Payable ............................................................. 47. Accounts Payable ....................................................... 935,577 48. Consumers Dcposits .................................................. 50. Currcnt Maturities Long-Tcm Debt

-Economic Dcvelopment 0 51. Currcnt Maturities Capitill ~es.............................

938,361 52. Othcr Currcnt and Aeentcd Liabilities.......... .............. 53, Total Current & Accrued Liabilities (461hni 52) ....... 3 ,1a4 ,748 54. Regulatory Liabilities .................................................. 0 55. Othcr D c f d Crcdi ts ............................................... 56. Tohl Liabilities and Othcr C d i t s

42. Total Long-Tcm Debt (36 thru 40 - 41) .....................

and Assct Rctircmcnt ObIigations.. ...................... 2 , 0 3 1 , 6 6 0 0

2 5 2 , 3 9 8

1 , 0 5 6 , 4 1 2 49. Current Maturities Long-Tem Debt .......................... ...................................

0

0

(35-t. 42 + 45 f 53 ihru SS) 54,395,384 ........................................

RURALUIRITIESSERVICE

FINANCIAL AND STATISTICAL REPORT PERIOD ENDED May, 2009 BORROWER NAME N!XRUCITONS - For dchilcd instrUcti~n~. sccRUS BuIIdn I717B-2.

YEAR-TO-DATE

LASTYEAR I TWISYEAR 1 3UDGET

CERTIFICATION

WP recognirc that statcmeats contaIncd hcrctn eonecrn a mattcr withln the jurisdtctIon o f an agcncy o f tbc Unitcd Stntes and the maklng or u false, ffctitlous or fraudulent statement may render the maker subfect to prosecutlon under TItIe 18, Uaitcd Stater Codc ScctIon 1001.

Wc hcrcby ccnify that thc CntriEs in this rcpon m in accordancc with thc BCEOU~IS and olhcr rccords of thc systcm nnd rcflcct thc status of the system u1 the h t of our knowtcdgc and bclid.

ALL INSURANCE REQUIRED BY PART 1788 OF 7 CFR CHAPTER mr, RUS. WAS IN FORCE DURING THE R E P O R T ~ G PERIOD AND REhTWALS HAVE BEEN OBTAINED FOR ALL POLTCIES

DURWGTHE PERIOD COVERED BY THIS REPORT PURSUAKTTO PART 1718 OF 7 CFR CHAPTER XVII (chd onc of ~ l ~ c f o t ~ u n ~ ~ @

THIS MONTH

AI1 of thc obligtions undcr thc RUS loan docummts haw bcm fulfilled in nil mtcrial rcspccts.

. Operating Revenue and Pamnage Capitnl

. Power Production Exnense . Cost ofhrchxed Power

. Transmission Expense

. Distribution Expense - Operation

. Distribution Exnnsc -Maintenance

. Custorncr Accounts ExDcnsc

DATE

(a) m ( C ) (d) 7,916, a56 7,2m,364 8,272,297 i,iga,30r

0 0 0 I 5.50L289 4,218,935 5,106,356 730.29:

3,475 9,335 3 , SOD 1.34: 378, a93 454.603 384,665 92.94: 470 ,536 476,989 574.125 139,321 234 .193 209.619 237.325 3n.a3!

0 There has been a default in !hc filfillrncnt of thc obligations undcr thc RUS loan documents. Said dcfnult(s) idarc spccificalIy dcscribcd in Part D of this report.

. Customer Service nnd Informational Expense

. Salesbpense 0. Adminisaativc and Geneml Expense 1. Total Opcmtion & Mainrcnancc Expcnsc (2 firm 10) 2. Deprecintion and A m o h t i o n h p m e 3. Tax Expcnsc - Propcrty & Gross Receipts 4. Tax Expcnsc - Other

PART A STATEMENT OF OPERATIOM

25.137 32.803 19 .375 4 ,94 :

406, e65 409,898 439,245 66,294 0 0 0

7.020,368 5,812,182 6,764,591 1,073,97! 593,183 628,322 61a.970 126.74!

0 0 0 I 321 467 0 20-

RUS Form 7

7. Miles Disiriburion -

1. Total Utility Plan! in Servicc ..................................

8. Invm in h o c . 0%. - Patronage Capital ............. 9. Invest. in Assoc. Org. - Other - GenemI Funds ...... IO. I n v e x in Assoc. Org. - Other - Nongtad Funds.. 11. Iavmnents in Economic Development Pmiecrs .... 12. Other Investments ..................................................

6,062,342

16. Cash - Construction Funds - Trtlstec ..................... IS. Temporary Invesanents ......................................... 19. Notes Receivable ("et) ...........................................

17. Special Deposifs 2,067,859 2,047, E59

.....................................................

20. Accounts Rcccivablc - Salcs of Energy wet) .......... 21. Accounts Reccivablc - Othcr (Nct) 22. M a t c d s and Supplies - Elcctric & Othcr ............. 23. Prepayments f.f.....l...f...l.....f...f....f...f....f.f.f....f.f....f 24. Othcr Current and Accrued Asscts ........................ 25. Total Current and Accrued Ass& (15 h i 24) ..... 27. Othcr Dcfcrrcd Dcbits ............................................

977,132 254,495

1.023,967 ........................

26. Regulatory Asscts 976.065 .................................................. ...............................................

0 ......................................

RUS FORM 7

UNITED STATES DEPARTMENT OF AGRICULTURE RURAL UTILITIES SERVICE

CERTIFICATION

We mgnh that statemcub wntainrd herein concern n matter withi i the juridietiPn of an rgcnmy d t 4 c United S b t s and the making of a hlsc, fictitious or f iaudulat sfafcmti may render !he rnakersubjcct to prnsccution uadcr Title 18. United State CodcStctioa 1001.

We hcreby certify that the entrk in his rep011 ILTC in accordance with !he nfcounts and othcr mrds of the system and r e k t the staius of the systcm to thc h t of 01 knowledgeend betiaf.

ALL INSURANCE REQUIRED BY PART 1788 OF 7CFR CHAPTER XYII. RUS, WAS tN FORCE DURING THE REPORTING PERIOD AND RENEWAL HAVE BEEN OBTAINED FOR ALL POLICIES

DUUHG THE PERIOD COVIW NY MIS WOET?UEIUANTTO P A n ITI l Of 7DR QUmR MI (check one OF the fdlowing)

AI[ of the obligations under the RUS loan documents have been fulfilled in all materia[ respects.

There has been a default In the fulfillment of the obllgations under Ihe RUS loan documents. Said defautt(s) lslare spedfimlly desuibed in Pari D of this repcrt

DATE

PART k STATEMENT OF OPERATtONS THIS MOMH

ITEM

RUS FORM 7

LlSDA - RUS

-- 709 826 PARTC. BP

ASSETS AND OTHER DEBITS I. Total Utility Plant in Senrice ................................... 53.686.094 2. 5 5 9.5 0 6 3. Total Utility Plant (1+2) .......................................... 54,245,600 4. Accum. Pmvislon for Depredation & Amort... ...... 13,203,309 5. Net Utility Plant (3 - 4) ........................................... 41,042,291

Construction Work in Progress ..............................

6. Non-utili Property - (Net) .................................. 0 7. Invesments In Subsldiary Cornpanles ................ 0 8. Invest In Assoc. Org. - Patronage Capltal .......... 8,214.447 9. Invest In Assoc Org - Other- Gen Funds ............ 1.020.491 10. Invest in Assoc Org - Other- Nongen Funds ....... 533,187 12. Other Investments ................................................. 126.940 13. Special Funds ........................................................ 440,289 14. Total Other Property and Invest(6 thru 13) ......... 10.335.354 15. Cash - General Funds ......................................... 107,880 16. Cash - Construction Funds - Trustee ................. 1

1 I. Investments In Emnomic Devel. Projects ............ 0

17. Spedal Deposits .................................................... 100 18. Temporary Investmen ts... ................................... 0 19. Notes Receivable (Net) ....................................... 0 !O. Accounts Receivable -Sales of Energy (Net) ...... 1,992,340

?2. Materials and Supplies - Electic and Other ......... 579,754 !I. Accounts Recelvable - Other (Net) ....................... 98,330 23. Prepayments ......................................................... 209.828 !4. Other Current and Accrued Assets ........................ 8.938 5. Total Current and Accrued Assets (15 thru 24) .... 2,997,179

27. Other Deferred Debi ts... ....................................... 22,190 ?8. Total Assets and Other Debits (5*14+25 thnr 27). 54.397.014

!6. Regulatory Assets... ............................................ 0


:NSTRUCTIONS *Si?@ REA Bulletin 17178-2 ................... - . . . . . . . . . PART B. DATA ON TRhNSM

ITEM Y EAR-TO-DATE

LASTYEAR I T H I S Y M R I (a) (b)

1. New Sew. Corned& In1 I 81 - . .". .. 2. ServlwsRetired 15 69 3. Total Servioes In Plaw 10.760 10.943

30RROWER DESIGNATION

WOO29 'ERIOD ENDED

lune49 WON AND DISTRIBUTION PLANT

Y EAR-TO-D ATE ITEM LAST YEAR THIS YEAR

5. Mile Tfansmldon 19.92 19.92 6. Miles Dist-Ovehwd 1.751.93 1,755.04 7. Miles Dist-Undemround 56.63 60.54

5. Mile Tfansmldon 19.92 19.92 6. Miles Dist-Ovehwd 1.751.93 1,755.04 7. Miles Dist-Underground 56.43 8. Totat Miles Energized

1

8. Totat Miles Energized 1 I (5+6+7) 1,835.51

dANCE SHEET LIABILITIES AND OTHER CREDITS

124,270 29. Mernbershlps ................................................. 30. Patmnage Capital 18.179,090

0 31. Operating Marglns- PriorYea rs ........................ 98,716 32. Operating Margins - Current Year ......................

113,242 33. Non Operating Marglns .................................... 303,431

36. tong-Tern Debt RUS (Net) .............................. 18,419,999 0,031 320 37. Long-Term Debt - FFB - RUS Guamnte ed...

0 39. Long-Term Debt Other (Net) 6.4 34,7 0 5

0 40. Long-Tern Debt - RUS - Ewn. Devel.(Net) ......... 41. Payments - Unappll ed... .................................. (946,1241 42. Total Long-Tern Debt (36 thru 4041) 29,939,908

0 43. Obligatrons Under Capital Leases ...................... 2,064.050 44. Accumulated Operating Provislons

45. Total Other Noncurrent Uabilities (43*44) 2,O 64.0 5 0 0 46. Notes Payable ...............................................

47. Accounts Payable ........................................... 1,292.323 256.343 48. Consumers Deposi ts... ....................................

1,025.634 0 50. Current Maturities Long-Term Debt 0 0

1,000,007 3,574.307

0 0

...........................................

34. Other Margins and Equities .............................. 35. Total Margins & EquIties (29 thnt 34) ..................

38. Long-Term Debt - Other - RUS Guaranteed .........

I 8.81 8,748

........

.............................

.................

..................... ............

49. Current Maturities Long-Tern Debt.. .................

-Economic Development.. ...................

52. Other Current and Accrued Liabilities .................. 53. Total Current & A m e d Uabllities (45 thru 52) ..... 54. Regulatory Llabilitles ....................................... 55. Other Deferred Credits .................................... 56. Total Uabilites and Other Credits

51. Current Maturities CapltaI Leases ......................

(3!342+45+53 thru 55) .................................... 54,397.014

ZUS Form 7

AURAL UrlUIIES SERVICE

FINANCIAL AND STATISTICAL REPORT STR RUCTIONS - Fordetaled Instntctions, see RUS BuUeh 1717E-2 hlS data will be used bv RUS to revfew your flnandal SrtvSUm. Your reswnse Is reaulred #

A R m PERIOD ENDED JtlpO9

BORROWER NAME

I SOUTH CENTRAL ARKANSAS ELEC COOP INC !S.C 901 et. seq.1 andls not mnRdenUaI. CERTIFICATION

Yc m p h e that statements wataiacd hcrrin concern I matier w i t h the jurhdkflon of an agency of the UnItcd Stafm and the making or II fahe fictitious or kiudulca tatcmmt may render the makcrsubjcctto pmsrmtion under'ZftIe IbUaitrd Stat= Code Section 1001.

Vc hereby cmify that the enlrjs in this rcpon nre jn acmrdnnfe with the mmunts md other rccords of the system and rcflcct thc stntus of thc systcm to thc best of ou norulcdge and keliel.

LLL Il'SURnNCE REQUIRED BY PART 1788 OF 7CFR CHAPTER XVII, RUS, WAS IX FORCE DURING THE REPOKTINC PERIOD Air :ENEWALS HAVE BEEN OBTAINED FOR ALL POLIClES

a All of the obligations under the RUS loan documents have been fulfilled In all material respeds.

There has been a default In the fulfillment of the obligations under the RUS loan domments. Said default($) Islam speafiwlly described In Part D of thIs report.

DATE

PARTA. STATEMEm OF OPERATIONS

RUS FORM 7

USDA - RUS BORROWER DEStGNATION

FlNANCtAL AND STATISTICAL REPORT

umiimnhls - a n R- ~uiietin 'July49 I SION A I D DISTRIBUTION PLANT

moo29 PERIOD ENDED

tTEM

YW-TODATE YEAR-TODATE LASFYEAR LAST YEAR THIS YEm I

RUS Form 7

1. Ne& Sew+ Connpded 2. S&casRetlred

4. IdleSservIces

3. Tutd Servlces In Plam ---

I -

(a) (b) I 130 75 5. Mnes Transrnisslon 19.92 19.92

i a 66 6. Mi ls Dlst4ve-d 3.7927 i ,754.a7 10.072 f 0 , ~ o 7. Wles MstrLlndergmnd 56.79 60.39

m El9 (-n 1,830.98 t.035.18 8. TM ~ r e s Enegked

PART D. NOTES TO FlNANCtAL STATEMENTS SPACE BELOW IS PROVIDED FOR IMPORTANT N O E S REGARDINGTHERNANCW STATEMENT CONTAINED tN THIS REPORT.

53.706.096 1. Total Lftilhy Plant in Senrfce .................................. 2. Construction Work In Progress ............................. 828,034 3. Total Utirity Plant (j+2) .......................................... 54.534.130 5. Net Utim Plant (3 - 4) ........................................... 41259.660 6. NonutIlXy Properly - (Net) .................................. 0 8. tnvest. In Assoc. Org. -Patronage Capltal .......... 8,214,447 9. Invest In Assoc Org -Other- Gen Funds ............ 844.056 10. Invest lnAssoc0i-g -Other-Nongen Funds ....... 533.187 12. Other Investments ................................................. 126.940 t4. Total Other Property and Inuest(6 thru 13) ......... 10.148.919 15. Cash - General Funds ......................................... (40.71 7) 16. Cash . Construction Funds-Tnlstee ................. I 17. Spedal Deposits ................................................... 100 18. Temporary Investmen ts... 0

4. Aewm. PmuisIon for DepdatIon & Amort ....... 13.274,470

7. Investments In Subsldlary Companies 0 ................

11. Investments In Ewnomlc Devel. Prnlects .............. 13. Special Funds 430,289 .......................................................

................................... 0 19. Notes Receivable (Net,) ......................................

2,571.279 20. Accounts Reehrable - Sales of Energy (Net) ...... 85,961 21. Aecounts Receivable - Other (Net) ......................

22. Makrbls and Suppfies - Eledric and Other ........ 591.304 23. Prepayments ......................................................... t90,629 24. Other Current and Amued Assets....................... 18.679 25. Total Current and Accrued Assats (15 thru 24) .... 3,417.236 26. Regulatory Assets .................................................................

t9,678 27. Other Deferred Deblk .......................................... 54.845.493 28. Total m e t s and Other Debits (5+14+25 thN 27)

29. Membershlps 124.t20 i8.179.090 30. Patronage Capltal ..........................................

0 31. Operating MargIns . Prior Years................ ........ 32. Operating MargIns - Current Year ...................... 52j ,482

128.968 33. Non Operating Margtns.. ................................. 303.430 34. Other Marglns and Equittes ..............................

35. Total Margins & Equlties (29 thru 34) ................. 19257.090 36. Long-Term Debt RUS (Net) .............................. 37. long-Tern Debt . FFB - RUS Guaranteed ...........

0 38. Long-Term Debt . Other . RLlS Guaranteed ......... 39. Long-Term Debt Other (Net) ............................ 6.428.1 1 I 40. Long-Term Debt . RUS . Ewn. Deuel.(Net) ................... 41. Payments - Unapplied 946,124

29,900.169 42. Total Long-Term Debt (36 thru 40.41) ................ 0 43. Obligations Under Capital Leas es... ...................

2.079.689 44. AcwmulaM Operating Prwlslons. .................... ........... 2,079,688 45. Total Other Noncurrent UabiIities (43+44)

46. NotesPayable 0 47. Accounts Payable .......................................... 1,245,070 48. Consumers Deposlts 253.654 49. Current Maturities Long-Term Debt ................... 1.026.038 50. Current Maturitles Long-Term Debt

51. Current Maturites Capital Leases ..................................... 52. Other Current and A m e d Llablliftes 53. Total Current &Accrued Uabirities (45 thru 52) ....

................................................

I a . m , a ~ 6.031.32a

.....................................

............................................... .......................................

-Emnomlc Development .......................................... ................. ,oa3,7a3

54. Regulatory Ltabilities 0 55. Other Defetred CredaS 0

(35*42+45+53 thru 55) 54.8-45.493

3.608345 ....................................... ....................................

56. TOM Uabllites and Other Credits ....................................

UNITED STATES DEPARTMENT OF AGRICULTURE RURAL UTILITIES SERVICE

C ERTl F I CAT1 0 N

Yc recognize that statmicnts containcd helrtn concern a matter withln thc jurisdiction oran agency or the UniLed Stat- and thernnklng ora Ids+ ktitlous or fraudukn' tatemrot may render the makrrsubject to prosmutton underntte IS, Untted S t a t e CadcScction 1001.

Vc hcrcby ccrtify that tlic cnlrics in this aport we in accordancc with h e accounts and othcr rccords of thc systcm nnd rcflect h c status of he syslern to lfic b a t Oi ur kno~vlcdgc nnd bclict

,LL INSURANCE REQUIRED RY PART 1788 OF 7CFR CIIAPTER XVII, RUS, WAS IN FORCE DURING THE REPORTING PERIOD ANC LEKEWALS HA'C'JZ BEEN OBTAINED FOR ALL POLICIES

DURING THE PERIOD COVERED BY THIS REPORT PURSUANTTO PART 1718 OF 7CFA CHAPTER XVtt (check one of the following)

I

All of the obligations under the RUS loan documents 0 There has been a default in the fulfillment of the obligations under the RUS loan documents. Said default(s) islare specifically described In Part D of this report

have been fulfilled in all material respects.

DATE

PARTR STATEMENT OF OPERAYIONS THIS MONTH

I T E M

BORROWER OEStGNATlON USDA - RUS

Y EAR-TO-DATE LASTYEAR THIS YEAR ITEM ITEM

(a) (b)


YEAR-TO-DATE LASTYE4R THtS YEAR

(a) Ib)

AR0029 PERIOD ENDED

3. Nm Sew. Connected 157 92

3. Tolal Serviees In Place 10,889 30,947 2. Services RetIred 28 76

4. IdleServlces

5. Miles Transmlsslon 19.92 19.92 6. Miles DIst-Overhead 1,755.53 1.755.27 7. Miles OIst-Undergrnund W.07 6D.54 8. Totat Miles Energlrd

ASSETS AND OTHER DEBITS 1, Total Utitity Plant In Service ................................... 53,943.m 2. Conslruction Work In Progress .............................. 708,750 3. Total Utility Plant (1+2) ........................................... 54,851,832 4. Accum. Provision for Oepreclatlon & Arnort ......... 13.267.638 5. Net U W y Plant (3 - 4) ............................................ 41,3a4,194 6. Non-utility Property- (Ne[) ................................... 0 7. Investments in Subsldlary Companies ................ 0 8. Invest in Assoc. Org. - Patronage Capital .......... 8,214.447 9. Invest in Assoc Org -Other - Gen Funds ............ 606.684 IO. Invest In Assoc Org -Other - Nongen Funds ....... 533.187 12. Other Investments .................................................. 126,940 13. Special Funds ......................................................... 4 3 0.2 8 9 14. Total Other Property and Invest.(6 thru 13) ......... 9,911.547 15. Cash - General Funds .......................................... 102.730 16. Cash - Construction Funds -Trustee ................. 1 17. Special Deposits ..................................................... 100 18. Temporary Investments ....................................... 0 19. Notes Receivable (Net.) ....................................... 0 21. Accounts Receivable -Other (Net) .......................

CERTIFICATlON

Et. Generation & Transmisston Cap. Credits 26. Other Capital Credits & Patronage Dividends 27, Mraordinary Items 26. Patronage Capital or Margins (20 thru 27)

Ye m g n h c that statements matatnd h r d a concern n maner witbtn the jurisdiction o f an a p n q or the Unird Stata and the making of II false. iicfifious or frauduh tatcmrn! may modcr the makcrsubjrrt to prwrmtioa undcrlitk IS, UnitnlStataCodeSmion 1001.

0 0 0 0 1 18,597 126,210 0 t 13.840

0 0 0 0 331.711 953.181 i ,096.658 260.681

Ve hereby cenify h t Ihe entrics in this rcpon arc in accordance with thc amunts nnd athcr rccords of the syscrn nnd rcflcct !he mtus of the system IO lhebcst oFou nmvlcdge and belicf.

LLL IKSUMNCE REQUIRED BY PART 1788 OF 7CFR CHAPTER XVII, RUS, WAS IN FORCE DURlXG TIIE REPORTING PERIOD ANL LEh'EWAlS I U V E BEEN OBTAINED FOR ALL POLICIES

DUUNIlNE R U O D m D WlHlS WOltT?ULsuIWITo ?ART In8 OF 7Qp CHAPTER ml (check one of the fbllo wing)

OAll of the obligations under the RUS loan documents have been fulfilled in all material respects.

0 There ha5 been a default In !he fulfillment of the obligations under the RUS loan dowments. Sald defaul(s) Ware specifically described In Part D of ihis report

DATE

PART A STATEMW OF OPEMIIONS YEAR-TO-DATE MIS MONTH

l f E M LASTYEAR I THISYEAR I BUDGET

RUS FORM 7

USDA - RUS (BORROWER DESIGNATION

I. New Sew. Connected 2. SehicesRelfred 3. Tab1 Senices tn Place 4. tdle S e w

IPER[OD FINANCIAL AND STATISTICAL REPORT

(a) @I fa) (b) 169 5. MilesTransmIssIon 18.92 19.92 31 ~7 6. Miles DistSverhead 1,75581 1,763.83

10308 t 0 . g ~ 7. Miles Dist-Underground 51.62 80.84 8. Total Miles Energized

NSTRUCTIONS - See REA Butleiin 17178-2 Isepternkrqg PART 3. DATA OM TRANSMISSION AND DlSTRlEUTION PLANT

I I Y EAR-TO-DATE THIS YEAR

-64=-n 65j 8521 (w+n I t.833.35 i .m.38 PARTC.

A S S E E AND OTHER DEBITS

2. Constudion Work in Progress 264,075

4. Aeeum. Provision for Depreciation &mort ........ 13,299,863 5. Net Utility Plant (3 - 4) ........................................... 41,423,189 6. Non-utility Property - (Net) 0 7. Investments In Subsldiary Companies ............... 0 8. Invest In h o c . 04. - Patronage Capital .......... 8,301,104 9. Invest in Assoc Org -Other - Gen Funds ............ 10. Invest in Assoc Org - Other - Nongen Funds ....... 533.187 11. Investments In Emnomie Devel. Projects ........... 0 12. Other Inves~ents. ................................................ 126,940 t3. Special Funds 430.289 14. Total Other Property and Invest.(6 thnr 13) ......... 10.203.563 15. Cash - General Funds ......................................... (3,502) 16. Cash - Construction Funds - Trustee ................. 1 17. Special Deposits ................................................... I00

1. Total Utility Plant in Service .................................. 54458,977

3. Total Utility Plant (1+2) .......................................... 54,723,052 .............................

..................................

812,043

.......................................................

18. Temporary Investments 0 19. Notes Receivable (Net) ...................................... 0

......................................

20. Aceounts Receivable -Sales of Energy (Net) ...... 2.057.643 21. Amunts Receivable - Other (Net) ...................... 70,192 22. Materials and Supplies - Eledric and Other ........ 617,815 23. Prepayments ......................................................... 154,536 24. Ofher Current and Accrued Assets ....................... 17.277 25. 2.914.062 26. Regulatory Asse ts 0 27. Other Deferred Debits .......................................... 19,600 28. Total Assets and Other Debits (5+14+25 thru 27) 54,560.414

Total Current and A m e d Assets (15 ihnr 24) .... ...............................................

I (35+42+45+53 fhm 55) ................................... 54,560,414

BAtANCE SHEET LIABILITIES AND OMER CREDITS

123,985 30. Patronage Capital .......................................... 18,179,090

0 32. Operating Margins - Current Year ...................... 824,476

166,858 33. Non Operating Margins ................................... 34. Other Margins and Equities .............................. 303,431 35. Totat Margins B Equities {29 thnr 34)... .............. 19,597.840 36. Long-Term Debt RUS (Net) .............................. 18.255.283

0 6.34 2.4 7 6

0 958,051

29.640.51 9 0

2,110,966 2.1 10.966

1,260,292 257.58 0

1.027.808

29. Memberships ................................................

31. Operating Margins - Pn'or Years ........................

37. Long-Term Debt - FFB - RUS Guaranteed .......... 38. Long-Term Debt - Other- RUS Guaranteed ......... 40, Long-Term Debt - RUS - Emn. Devel.(Net) .........

43. Obligations Under Capitat Leases .....................

46. Notes Payable ............................................... 0 47. Ac~ounts Payable ..........................................

6.000,ai 1

39. Long-Term Debt Other (Net) ............................

41. Payments - UnappIied ..................................... 42. Total Long-Term Debt (36 thnr 4041) ................

44. Accumulated Operating Provisions .................... 45. Total Other Noncurrent Liabilities (43+44) ...........

48. Consumers Deposits ....................................... 49. Current Maturities Long-Term Debt .................... 50. Current Maturities Long-Term Debt

51. Current Maturities Capital Leases ..................................... ................. 52. Other Current and A m e d Uabllities

53. Total Current & A m e d Uabilities (45 thm 52) .... 54. Regulatory Liabilities. ...................................... 55. Other Deferred Credits 0 56. Total Liabilites and Other Credits

-Ewnornlc DeveIopment .........................................

6 6 5,4 0 9 3,211,089

0 ....................................

BORROWER OESIGNATION


UNITED STATES DEPARTMENT OF AGRICULTURE RURAL UnLlTlES SERVICE

WoberOS

ARM129 PERtOD ENDED

hts data wilt be used by RUS tv review your finandat s/tuation. yuur rtsmnse IS requ~red (7 LS.C 901 et. sw.J and k not mRdenUaI. s o m CENTRAL ARKANSAS ELEC COOP IEIC

Ye m @ e that shtcmcntr rontaintrl hcrcin ennccrn P mattter within the iuthdktion or an agency of thc United Stat- and thc making of a falsc. fictitiou o r h u d u I n tatrrncnt may rrnder the malirrsubJKt to prowcution undrrlitle 18, United S t a b CodcSection 1001.

Ve hereby cenify hat h e enmc.s in this repon nre In ncwrdanct wth the ncmunts and other refords of thc system md rcflcct thc shtus ofthc system to thc &I ofou nowlcdgc wd bc l id

rLL INSURJ~NCE REQUIRED BY PART I788 OF 7CFR CHnfTER XVII. RUS. WAS IN FORCE DURING THE REPORTING PERIOD ANI lEKEWALS HAVE BEEN OBTAINED FOR ALL POLICIES

UAll of the obligations under the RUS loan documents have been fulfilled tn alI material respects.

0 There has been a defadt in the fulfillment of the obllgations under the RUS loan documents. Sald defauIt(s) israre spedfiwlly desuibed In Parl D of this report

DATE

PART A STATEMENT OF OPERATIONS

I T E M

RUS FORM 7

USDA - RUS IBORROWER OESlGNATlON I FINANCIAL AND STATISTICAL REPORT

AR0029 PERIOD ENDED

INSTRUCTIONS - See REA Bulletln 17176-2 October49 PART 6. DATA ON TRANSMISSION AND DlSTRl6UTlON PUNT

I. Total Utiliiy Pla ...............

3. Total Utility Plant (1+2) .......................................... 4. Accum. Provision for Depreciation & m o r t ........

177.858 6. Non-utility Property - (Net) 34. Other Marglns and Equities .............................. 303,430 7. Investments in Subsldiary 35. Total Margins & Equities (29 thru 34) ................. t 9,464.786 8. 48,221,588 9. 6,007,215

I O . 0 i 1. Investments in Ewnomlc Devel. Projects ........... 39. Long-Term Debt Other (Net) ............................ 6,342,476

30. Patronage Capital ... 31. Operating Marglns - Prior Years.. 33. Non Operating Margms ...................................

18.1 79.090

Invest. In Assoc. Org. - Patmnage Capital ......... 36. Long-Term Debt RUS (Net) .............................. Invest in Assue Org - Other - Gen Funds.. ......... Invest In Assoc Org - Other - Nongen Funds ......

37. Long-fern Debt - FFB - RUS Guaranteed .......... 38. Long-Term Debt - Other - RUS Guaranteed .........

12. Other Investments .......... 40. Long-Tern Debt - RUS - Ewn. Davel.(Net) ......... 0 41. Payments - Unapplied .......

29.613.228 15. Cash - General Funds ......................................... 16. Cash - Construction Funds - Trustee ................. 2,’i26,604 17. Spedal Deposits ................................................... 45. Totar Other Noncurrent LlabPitIes (43+44) 2,j26,604

. Notes Receivable (Net.) .... 1,015,621

. Accounts Receivable - Other (Net) ...................... 49. Current Maturities Long-Term Debt .... 1,021,406 48. Consumers Deposits .......................................

50. Current Maturities Long-Term Debt

51. Current Maturities Capltal Leases 52. Other Current and A m & Liabllies .................

2 5 a. 6 3 o

. Materials and Supplies - Elec?ric and Other ........

. Prepayments .............................. ................. -Emnomlc Development ..................... 0 0

791,133 . Regulatory Assets. ............................................. 53. Total Current & Accrued Liabilities (45 thm 52) 3.086.790

...................... . Total Current and Accrued Assets (15 ihru 24) ....

Other Deferred Debi ts... ...................................... Total Assets and Other Debits (5+14+25 thru 27)

.

RUS Form ?

UNITED STATES DEPARTMEM OF AGRICULTURE RURAL UTILITIES SERVICE

FINANCIAL AND STATISTICAL REPORT WRUCTIONS - For detailed irrstructions, see RUS Bulletin 17178.2 hl5 data wNI be used by RUS to review ywr flnandal slluaMan. Your risponse is required (7 I.S.C. 901 et. req.) and Is not mffdential .

moo29 PERIOD ENDED

Noverrbr.09 BORROWER NAME

SOUTH CENTR

Documents

AT · 2010. 3. 30. · ELECTRIC COOPERATIVES NAME South Central Arkansas Electric Cooperative, Inc. (Here show In full the exact corporate.firm or Indivldual name of the respondent)