borrower name and address north elec coop inc -for

According to the Paperwork Reduction Act of 1995, an agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unlass it displays a valid OMB control number. The valid OMB control number forthis information collection is 0572-0032. The time required to complete #is information collection IS estimated to avemae 25 hours Der reswnse, includins the time for

UNI'IED STATES DEPARTMENT OF AGRICULTURE BORROWER DESIGNATION AR0026 RURAL UTILITIES SERVICE

PERIOD ENDED 1Z2003

. . I

BORROWER NAME AND ADDRESS NORTH ARKANSAS ELEC COOP INC

IZUCTIONS -For detailed instructions, see RUS Bulletin 1717B-2. P. 0. Box 1000 Salem,, AR 72576-1000

This data will be used by RUS !e review ycw financkl siimh. Your espnse is fequi-ed 7 U.S. C. 901 et seq.) and may be conridential.

CERTXE'XCATXON

We recognize that statements cmfained herein concern P matter within the jurisdiction of an agency of the U d e d States and the makhg of a false, fictitious or fraudulent statement may render the maker subject to prosecution under Title 18, United States Code Section 1001.

We hereby ceiufy that the entries in t h i s report are in accordance with the accounts and other records of the system and reflect the status of the system to the best of om knowledge and belief

ALL JXSURA??CE REQUIRED BY PART 1788 OF 7 CFX CHAPTER XW, RUS, WAS IN FUKCE D L W G THE REPORTOVG PERIOD A I RENEWALS HAVE BEEN OBTAINED FOR ALL POLICIES.

DURING THE PERIOD COVERED BY THIS REPORT PURSUANT TO PART 1718 OF 7 CFR CHAPTER XM (check one of the following!

All of the obligations under the RUS loan documents have been ~%iiIled in dl matend respects

Sarbara Hdmphries, P,ccounticg supervisor @ATE

0 There has been a default in the fulfillment of the obligations -under the KUS loan documents. Said defaUt{s) is/are specifically described in Part D of this report.

Met Cc!eman. CEO DATE

Page 2.1 RUS Form 7 (Rev. 10-00)

USDA-RUS

FXPTM4Cz”J, AVG STATISTICAL FUPQRT

BORROVvXR DESIGNATION

AR0026

PERIOD ENDED

ITEM

12t2003 INSTRUCTIONS-See RUS Bulletin 1717B-2 Part A. Statement of Operations

I 1 Year-todate

Last Year (a)

1. Operating Revenue and Patronage Capital 38,683,734

2. Power Production Expense 0

3. Cost of Purchased Power ?9,84,708

4. Transmission Expense 70,935

5. Distribdon Expense - Ope=ficn 1,729,268

6. Distribution Expense - Maintenance 3,569,711

7. Custoner Amunts Expense 1,80O,7Q

8. Customer Service and Informational Expense 440,232

9. Sales Expense 0

10. Administrative and General Expense 2,435,942

119. Total Cost of Electric Service (11 thru 18) i 36,470,2081 38,926,2001 41,033,043 j 3,089,62:

Year-todate Year-to-date This Year BEdge? This Manth

(b) ( 4 ( 4 39,918,943 42;669,963 2,736,57

0 0

21,256,932 22,870,784 1,436,41

66,394 66,003 10.36

?,934,910 1,930,534 ?94,83

3,243,531 3,389,288 324,03

2,069,694 2,123,555 171~86

454,722 453,727 34,96

0 0

2,828,046 2,884,152 322,03 i 1 Tolai Operabon & Maintenance Expense (2 thru 10)

12 Depreciation and Amorbzahon Expense

13 Tax Expense - Property & Gross Receiprs

14 Tax Expense - Other

16 Interest Charged to Construcbon - Credit

15 Interest en Long-Term Debt

17 Interest Expense -Other

18 Other Deduchons

29,88i.~oa‘ 3$,654,229$ 33,718,343 ‘ 2,494,50

3,369,568 3,625,269 3,650,000 31 1 ,85

0 0 0

0 0 0

3,208,587 3,419,983 3,630,000 281,61

0 0 0 I

25,586 23,398 30,000 1,641

( 21,441) 3,321 5,000 I

’ Patronage Capital &Operating Margins (I minus 19)

. Non Operating Margins - Interest

22. Allowancs for Funds Used During Construction

1 RUS Form 7 (Rev. 10-00) Page 1.2

2,213,526 992,743 1,636,920 ( 353,053

397,991 320,280 600,000 22,761

0 0 0 I

23. Income (Loss) from Equity Investments

24. Non Operating Margins - Other

25. Generation and Transmission Capital Credits

26. Other Capital Credits and Patronage Dividends

0 0 0 I

( 58,415) 21,714 ( 63,000) ( 9,645

1,528,384 815,164 2,500,000 815,161

71.172 58.695 80.000 I

27. Extraordinary Items 01 01 0 1 ( 28. Patronage Capital or Margins (20 thru 27) 1 4,152,658 I 2,208,596 4,753,920 I 475.23:

tTEM

1. New Services Connected

2. Services Retired

3. Total Services in Place

4. Idle Services (Exclude Seasonal)

5. Miles Transmission 6. Miles Distribution - Overhead

7. Miles Distribution - Underground 8. Total Mles Energized (5 + 6 + 7 )

Year-ledate Y ear-?odate Last Year This Year

(a) (b) 889 974

92 117

37,036 38,080

4,903 5,107

125.00 137.00

4,072.00 4,101.00 298.00 306.00

4,495.00 4,54400

USDA-RUS BORROVlrER DESIGNATION

- 13. Special Funds 0

14. Total Other Property & Investments (6 thru 13) ~2,905,822 15. Cash - General Funds 104,980

-16. Cash - Construction Funds -Trustee 17. Special Deposits 395

1

I

AR0026

PERIOD ENDED I I 12f2003 INSTRUCTIONS-See RUS Bulletin 1717B-2

pa^ C. Balance Sheet

LIABILITIES AND OTHER CREDKS

29. Membe=h$s 622,825 30. Patronage Capital ~,5ao.719

ASSETSANDOTHERDEBITS

t . Toia! L!!itii ?!ant in &rim 2. Construction Work in Prwress

333,264,254 2,316,833

31. Qperzting Merghs - Prior Y e m

32. Operating Margins - Current Year 0

1,866,602 3. Tota! Utility Plant (1 +2) 135,581,087 4. Accum. Provision for Deureciation and Amort. 36,849,395

33. Non-Operating Margins 341,994

34. Other Margins and Equities I ,577,308

5. Net U t i l i Plant (3 - 4) g a p i , m 2 6. Non-Utility Property (Net) 3,000 7. Investments in Subsidiary Companies 0 35. Total Margins & Equities (29 thru 34) 48,989,448

[Payments - Unapplied) 0 36 Long-Term Debt - RUS (Net) 32,406,020 8. Invest in Assoc. Org. -Patronage Capital 19,440,145

0 9. Invest. in Assoc. Org. - Other - General Funds IO. invest. in Assoc. Org. -Other - Nongenera! Funds 1,563,381 37. Long-Term Debt - RUS - E m . Devel. (Net)

38. Long-Term Debt - FFB - RUS Guaranteed 39. Long-Term Debt - Other - RUS Guaranteed

155,555 21,058.755

0

11, Investments in Economic Development Projects 207:406 12. Other Investments 1,691,890

40. Long-Term Debt Other (Net) 13,695,784 67,316.1 14 41. Total Lona-Term Debt (36 thru 401 ”

42. Obligations Under Capital Leases - Noncurrent 0 43. Accumulated Operating Provisions and Asset Retirement Obligations 6,964,619

44. Total Other Noncurrent Liabilities (42 + 43) 6,964,619 45. Notes Payable 0

46. Accounts Payable I ,884,088

47. Consumers Deposits 729,366

19. Nates Receivable (Net) 0 20. Accounts Reeivable - Sales of Energy (Net) 3,012,789 21. Accounts Receivable - Other (Net) 63,816 b: Materials and Supplies - Electric & Other 517,008 48. Current Maturities Long-Term Debt 2,685,953 ’ Prepayments 43,836 , . Other Current and Accrued Assets 29,716

49. Current Maturities Long-Term Debt-Economic Development 51,851

25. Total Current and Accrued Assets (15 thru 24) 9,064,042 26. Regulatory Assets 0

50. Current Maturities Capital Leases 0 51. Other Current and Accrued Liabilities 2,306,063 52. Total Current &Accrued Liabilities (45 thru 51) 7,657,321 53. Regulatory Liabilities 0

27. Other Deferred Debits 1,439,187

28. Total Assets and Other Debits (5+14+25 thru 27) 132,140,743 54. Other Deferred Credits 1,213,241 55. Total Liabilities and Other Credits (35+41 +44 +52 thru 54) 132,140,743

I

RUS Form 7 (Rev. 10-00) Page 2

Name of Borrower Report Year

NORTH ARKANSAS ELEC COOP INC (AR0026) 2003

$66,416.00 CFC Patronage Capital Refund

$674,564.00 AECC Paironage Capital Refund

Report Period

12

LRUS Form 7 Page 2.3 1

I I USDA-KUS I BORROWER DESIGNATION

PERIOD ENDED

PLANT ITEM Balance Adjustments Balance Beginning Additions Retirements and Transfers End of Year of Year

Distribution Piant IG6,400,4ir9' 5,3697-7 680,761 0 175,089,359

8,471,956 General Plant 7,796,375 1,186,684 511,103 0 I

t I 7 212003 1 VSTRUCTIONS-See RUS Bulletin 1717B-2

Intangibles 0

Transmission Plant 4,394,995

All Other U t i l i Plant 0

0 0 0 0

1,767,014 1,224 0 6,160,785

0 0 0 0

ITEM

1. Electric

I Part F. Materials and Supplies I Balance Balance

Beginning Purchased Salvaged Used (Net) Sold Adjustment End of Year of Year

(4 (b) (4 (4 (el (9 (SI 509,835 988,187 9,755 1,000,222 7,257 ( 31,690) 468,606

2. Other 1 56,961 I 149,688

I Part G. Service InterruDtions I 0 0 156,962 ( 1,285) 48,402

ITEM I I

Avg. Hours per Consumer by

Cause

1 Avg. Hours per Avg. Hours per Avg. Hours per Consumer by Consumer by Consumer by

Cause Cause Cause TOTAL I I

.Present Year

'_ FiveYmr Average

I. Employee - Hours Worked - Regular Time I 293,8a:

(e) 1.38 5.3 0.00 3 79 0.18

0.00 3.74 0.22 1.06 5.0

Power Supplier Extreme Storm Prearranged

fa! (b! (c!

. Number of Full Time Employees

1


Amount

12!

I. Employee - Hours Worked - Overtime

, Payroll - Expensed

. Payroll - Capitalied

Payroll - Other

10.86:

3,203,87i

1,600,10!

912,98(

USDA-RUS

I FmTAVCML AND STATISTICAL REPORT

t 1212003 I VSTRUCTIONS-See RUS Bulleta 1717B-2

BORROWER DESIGNATION

AR0026

PERIOD ENDED

ITEM DESCRIPTION This Year

I

Distributions I b. Special Retirements I 617,677 I 1 a. General Retirements 1. Capital Credits

I 15,004,686

755:152 I 8,339,260

I o. Total Retirements [a + b) t 1,372,829 1 2. Capital Credits

Reeked

a. Cash Received From Retirement of Patronage Capital by Suppliers of Electric Power

0. Cash Received From Recrement of Patronage Czpikl by Lenders for Credit Extended to the Electric System 66,416

2. Tcta! Cash Receked (a + b) 741,000

674,584

Amount

1. AMOUNT DUE OVER 60 DAYS 2 , AMOUNT WRlllEN OFF DURING YEAR

65,64!

126,261

RUS Form 7 (Rev. 10-00) Page 3.2

USDA-RUS

FII\I’AKCXAL A\% STATXSTXCAL REPORT

BORRO’YJER DESIGNATION

AROO26

(4 ( 4 (4 (9 (s)

0.00

0.00

0 [

0 L

0 0

0

0 0

0 0.00 0.00

0 (

0 (

PERIOD ENDED

1 Z2003 pT”TRUCTIONS-See RUS Bulletin 17 17B-2 - P a t K. k%h Purchased and Tokt Cost

RUS Use Only Supplia: Code

Tck! Cost Total Cost Tctal Cost (CentslkWh) Wheeling and

Fuel Cost Other Charges Adjustment (or credits) Line

No.

5 1

(b) 807

I I

4.27 I 473 I ( 81 4 2,345,700 1 100,165

0 01 01 0 0.00 1 OJ 01 0 0.00 1 01 L

01 0 0.00 I 01 f 0 01 0 0.00 I 01 (

0 01 0 0.00 I o ! ( -~

9 1 0 0 1 0 0.00 I 01 (

0

1’ I 0 0 7 16 I

Total

0 0.00 I 0 01 0 0.00 I

0.00 I ( 0 0 0.00 1 I:

0


BORROWER DESIGNATION USDA-RUS

I

AR0026

PERIOD ENDED

Rental

(a)

0

0 0 0 0 0 0 0

0 0 0 0 0 0 0

0

0 0

0 0

None

I

t Page 4.2 RUS Form 7 (Rev. 10-00)

USDA-RUS

I AR0026

PERIOD ENDED


t 12/2003

Pari M. Annual Meetino and Board Dab 'NSTRUCTIONS-See RUS Bulletin 1717B-2

1. Date of Last Annual Meeting

06/05/2003

5. Number of Members Voting by Proxy or Mail

0

2. Total Number of Members

26,471

6. Total Number of Board Members

9

3. Number of Members Present at Meeting

1,383

7. Total Amount of Fees and Expenses for Board Members

224,261

4. W a s Quorum Present (Y/N) ?

Y

8. Does Manager Have Written Contract (Y fW) ?

N


USDA-RUS

I AR0026 I BORROWER DESIGNATION

PERIOD ENDED 1

ITEM

Rural Utilities Service (Excludes RUS - Economic Development Loans)

National Rural Utilities Cooperative Finance Corporation

Bank for Cooperaties

Federal Financing Bank

RUS - Economic Development Loans

Other (List Separately)

Billed This Billed This Billed This Balance Year Year Year

Interest Principal Total (a) 0)) (4 (4

End of Year

32,406,020 1,782,091 1,974,012 3,756,103.00

13,695,784 599,897 432,594 1,032,491.00

0 0 0 0.00 21,058,755 2,050,322 294,734 1,345,056.00

155.555 a 88,889 88.889.00

0 0 0 0.00 0 0 n 0.00

0 0 0 0.00 L I

0 I 0

I I 01 01 01 0.00

I

0 0 0.00

01 0 0.00

I I 01 01 0 1 0.00

0 I

I i I o l 01 o i 0.00

0 0 0.00

I I 01 01 0 1 0.00

I

I 0.00

I

I 1 0.00

I 01 01 01 0.00

I I 01 01 01 0.00

1 RUS Form 7 (Rev. 7 0-00) Page 4.4

BORROWER DESIGNATION USDA-RUS

AR0026 FINANCIAL AND STATISTICAL REPORT

PERIOD ENDED

1212003 TNSTR I JCTTONS-SE RI JS Builetm 17 17B-2 ~~ _ _ ~

I

Part 0. Power Reauirements Data Base - Annual Surnrnarv

CLASSIFICATION I Consumer Sales &Revenue Data

December Average No. Total Consumers Served Year to Date

Non-coincident X Coincident-


USDA-RUS

HNANNCLAL AND STATISTICAL REPORT I BORROWER DESIGNATION

AR0026

PERIOD ENDED

4

5 6

1212003 WSTRUCTIONS-See RUS Bulletin 1717B-2 7a - Part 1. Investments

CFC Patronage Capital 389,528 0 0

NRUCFC Membership 0 f ,000 0

CFC Capital Term Certificates 0 1,560,181 58,469

~~~ ~

Included Excluded Income or Loss Rural Description ($1 ($1 ($1 Development

(a) (b) (4 (4 (4 Line No.

1. NON-UTILITY PROPERTY [NET)

7 I ECECC MembershiD I 1.0001 0 0

13 I RDL- Cherokee Frame Co

Total: 3. INVESTMENTS IN ECONOMIC DEVELOPMENT

200,000 0 0

207,406 0

15 ERC Provision for Unwllectible -2,464 16 Federal Rural Electric Ins Equity 153,191

17 I AECl Promissory Note 259.520

16. CASH -GENERAL I

0 0

0 0

01 01

I 18 I Bank of Salem I 01 70.r

Total: 4. OTHER INVESTMENTS 1,691,890 0

Total: 6. CASH - GENERAL 0 104,980 t

7. SPECIAL DEPOSITS I

73,600

I 22 1 Water and Sewer Deposits I 395 I

18. TEMPORARY INVESTMENTS I I 23 I AECC Line of Credit I 3.oao.443 I I

I I I

25 1 AEGl Line of Credit I 499,474 0

Total: 8. TEMPORARY INVESTMENTS 3,499,922 1,791,579


r USDA-RUS i

FINANCLU AND STATISTICAL REPORT


AR0026 i

Included Excluded Income or Loss Descripbon ($1 ($1 ($1

(a) (b) (4 (4 Line No.

I PELODENDED

Rural Development

(e)

9. ACCOUNTS & NOTES RECEIVABLE - NET 26 Accounts Receivable-Other 30,596 0 0

~

28 1 Accounts RecetvableComputer Loans 32,682 0 0

63,816 0 0 1 Total: 9. ACCOUNTS & NOTES RECEIVABLE - NET

29 30 31 32

33

1

34 1 1 1

41

42 43

44

1 451 1 1

35 36

37

38

39 1 1 1

1

58 59

I 60

46 47

40

49

1 1

50 51 52

1 1 1

I 551 1 1 56 I 57 I

RUS Form 7 (Rev. 10-00) Page 6 (cl)

I

USDA-RUS I


FINANCIAL AND STATISTICAL REPORT

EVSTRUCTIONS-See RUS Bulletin 1717B-2

I AR0026 I PERIOD ENDED

1212003 I

1 Maturiiy date (b)

7a - Part II. Loan GuaranteeslPart fll. Ratio I Original Amount (9 (4

Organization (4

1 I None 01 01

Balance Loan I

2 3 4 5 6

Rural

0 0

0 0 0 0

0 0 0 0

I Development

71 01 01

I

I 81 I I

Ratio of Investments and Loan Guarantees to Utility Plant Guarantees - Loan Balance (Part 11, 5d) to Total Utility Plant (Form 7, Part C, Line 3)J

[Total of Included Investments (Part I , 11 b) and Loan 4.6 D/

I


USDA-RUS



I AR0026 I

Line No.

Original Loan Maturity Amount Balance Rural

Organization date ($1 ($1 Development

(a) (b) (4 (4 ( 4

! 1 Employees, Officers, Directors 74,710 48,749

2 Energy Resource Conservation Loans 2,171,197 1,232,894

3 Computer Loans to Employees 84,353 32,682 4 0 0 5 a a

I 0 0

I

8 0 0

9 0 0

10 0 0


According to the ?apeworx Reduction Ac! of 1995, an agency may, control number forthis information collection is 0572-0032 The time rmuired to complete this information collection is estimated to average 25 hours per respu,ise. including the time fo r reviewing Inslruuclions. searching existing data sources, gathenna and maintaining the data needed, ana completing and reviewing the collection of lnformailon

3uCt or sponsor and a person 1s not required to repnd to a collection of inforrr nless it displays a valid OM0 control number. The valim OMB

I UNITED STATE DEPARTMENT OF AGRICULTURE

RURAL UTILITIES SERVICE

IFINANCIAL AND STATISTICAL REPORT

BORRO\ER DESlGNATiON

AR 026 PERIOD ENDED

November 30.2003

required (7 U.S.C 901 et.seq.) and may be confidential P. 0. BOX 1000 SALEM, ARKANSAS 72576

CERTIFICATION

We recognize that statements contained herein concern a matter within the jurisdiction of an agency of the United State and the making of a false, fictious o r fraudulent Statement may render the maker sugject to prosecution under Title 18, United States Code Section 1001.

we nereay canny mat me enines in inis repon are In accoraance witn ine accounts ana mer recoros or tne sysiern ano reiieci ine siaius OT me sysiem IO m e aen or our Knowieoge ana Deiiei

ALL INSURANCE REQUIRED BY PART 1788 OF 7 CFR CHAPTER XVII, REA, WAS IN FORCE DURING THE REPORTING PERIOD AND RENEWALS HAVE BEEN OBTAINED FOR ALL POLICIES.

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

YEAR-TO-DATE I I BUDGET ITEM LAST YEAR THIS YEAR

There has been a defaukin We fulfillment of the obligabons under the RUS loan documents. Said default(s1 islare specifically described in Part D of this report

THIS MONTH

20 Patronage Capital & Operating Margins (1 minus 19) 2,767,534 1,345,800 2,033,270 (299,572 21 Non-Operating Margins-Interest . . . . . 353,077 297,514 532,289 23,355 22. Allowance for Funds Used During Construction

23 Income (Loss) from Equity investments

24. Non-Operating Margins-Other . . (55,927) 31,359 (60,317) (1,653 25 Generation and Transmission Capital Credits. , .

310,47C

Other Capital Credits and Patronage Dividends. .

Extraordinary Items . . . . . , . , . , . , . . . , . , , . . , .

28 Patronage Capital or Margins (20 thru 27)

71,172 58.695 80,000

3 , i 35,856 i ,733,368 2,585,242 (277,870'

USDA-REA


NSTRUCTIONS - See REA Bulliten 17170-2

BORROWER DESlGNATiON

AR 026 PERIOD ENDED

November 30,2003

YEAR-TO-DATE ITEM LAST YEAR THIS YEAR ITEM

YEAR-TO-DATE LAST YEAR THIS YEAR

1. Total Utility Plant in Service ................................. Construction Work in Progress .............................. 2.

3. Total Utility Plant (1 plus 2 ) ................................ 4. Accum. Provision for Depreciation and Amort _. 5. Net Utility Plant (3 minus 4) .................................. 6. Non-utility Properly - Net ................................... 7, Investment in Subsidiary Companies ..................... 8. Investment In Assoc. Org-Patronage Capital ___. 9. Investment In Assoc. 0rg.-Other-General Funds IO. Invest. in Assoc 0rg.-Other-Nongeneral Funds 11, Investments in Economic Development Projects 12. Other Investments ............. 13. Special Funds ......................................................... 14. Total Other Property & Invest. (6 thru 13) ....... ;5. Cash -General Funds ......................................... 6. Cash - Construction Funds-Trustee ................. 7. Special Deposits ..................................................... 8. Temporary Investments ......................................... 9. Notes Receivable-Net ..........................................

!O. Accounts Receivable.Net Sales of Energy ......... !l. Accounts Receivab1e.Net Other ......................... !2. Materials Suppiies-Electric and Other ............... 13. Prepayments ............................................................ !4. Other Current and Accrued Assets ...................... 15. Total Current 8 Accrued Assets (15 thru 24) ..__. 16. Regulatory Assets ..................................................... 17. Other Deferred Debits ............................................ !a. Total Assets &other Debits (5+14+25 thru 27) .....

........


2. Services Retired


4. Idle Services

(Exclude Seasonal)

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

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

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

(a) (b) ( 4 ( 4

840 91 7 5 . Miles Transmission 125 12t 6. Miles Distribution-

84 113 Overhead 4,069 4,09t

36,994 38,027 Underground 298 30f

4,895 5,069 ( 5 + 6 + 7 ) 4,492 4,52!

7. Miles Distribution-

8. Total Miles Energized

- - 34. 35. Total Margins 8 Equities (29 thru 34) ...............

Other Margins and Equities ..............................

36. Long-Term Debt-RUS (Net) ...........................

ASSETS AND OTHER DEBITS LIABILITIES AND OTHER CREDITS

.....

1,563,381 214,814

1,731,615

22,137,791 131 ,369

1 395

6,922,977

2,929,295 68,532

570,147

23,565 10,71 2,157

1,145,91 2 132,327,546

65,876

621,93t 45,427,72!

(Payments-Unapplied $ 1 ..

38. LongTerm Debt Other-FFB-RUS Guaranteed .... 39. Long-Term Debt -Other-RUS Guaranteed ....

Long-Term Debt Other (Net) ........................... 41. Total Long-Term Debt (36 thru 40) .................. 42. Obligations Under Capital Leases ....................... 43. Accumulated Operating Provisions ..................... 44. Total Other Noncurrent Liabilities (42 + 43) ..... 45. Notes Payable ........................................................ 46. Accounts Payable .................................................. 47. Consumers Deposits ............................................. 48. Current Maturities Long-Term Debt . ...... 49. Current Maturities Long-Term Debt ................

50. Current Maturities Capital Leases ................ 51, Other Current and Accrued Liabilities .............. 52. Total Current &Accrued Liabilities (45 thru 51) 53. Regulatory Liabilities ............................................. 54. Other Deferred Credits ..................... 55. Total Liabilities & Other Credits ........................

37. Long-Term Debt-RUS- Econ. Devel. (Net)

40.

-Economic Development

1,404,495 328,87:

1,428,83( 49,211,85t 34,492,90(

214,81f 21.363.37:

14,123,76( 70,194,85:

6,913,38; 6,913,38;

1,750,19( 725,86’

2,316,05t 4,792,102

1,215,33: 132,327,542

I (35 + 41 + 44 + 52 thru 54) PART D. NOTES TO FINANCIAL STATEMENTS

HIS SPACE BELOW IS PROVIDED FOR IMPORTANT NOTES REGARDING THE FINANCIAL STATEMENT CONTAINED IN THIS REPORT F ADDITIONAL SPACE IS NEEDED, USE SEPARATE SHEET )

; 66,416 - CFC Patronage Refund 574,584 - AECC P a t r o n a g e Refund

Page 2 of 3 REA Form 7 (Rev. 04-01)

http://Receivable.Net

http://Receivab1e.Net

USDA-REA


JORTH ARKANSAS ELECTRIC OFFICE USE ONLY


AR 026

MONTH ENDING

November 30,2003

BORROWER NAME AND ADDRESS

NORTH ARKANSAS ELECTRIC COOP., INC. P. 0. BOX 1000 SALEM. AR 72576

:LASS OF SERVICE THIS MONTH No Receiving KWtl Sold Amount No Minimum

Service BlllS

Residential Sales (excl Seas ) 30,442 21,302,089 1,793,837 1,151 Residential Sales (seasonal)

Irrigation Sales

Comm 1000 kVA or less 2,232 5,856,449 372,734 159

Y EAR-TO-DATE Avg No Rec- K W H Sold Amount

eiving Service Cummulative Cumulative

30,098 323,988,826 26,881,69(

2,245 76,060,341 5,374,ll’ 71 8,063,3381 355,6571 Comm over 1000 kVA 61 82,194,1901 4,102,001

Public St a Highway Lighting 13) 95,3801 9,011 I 191 1,068,2391 104,41f

ITEM

1 Net k W n Generated

2 k M Purchased

3 Interchange kW-Net

4 Total k M (1 lhru 3)

5 TOTAL kvMi SOLD

THIS MONTH YEAR-TO-DATE ITEM THIS MONTH YEAR-TO-DATE

6 Office Use 70,893 842,266 38,002,694 528,712,070 7 Total Unaccounted For

(line 4 less 5 a 6) 2,336,041 40,349,326 38,002,694 528,712,070 8 %System Loss (7/4‘100) 6 15% 7 63%

9 Maximum Demand (kW) 77,685 153,395 35,595,760 487,520,478 10 Month M e n Maximum Demand Occured February


RURAL UTlLVlES SERVICE


AR 026 PERIOD ENDED

#e recognize that statements contained herein concern a matter within the jurlsdiction of an agency of the United state and the making of a false, ctious or fraudulent statement may render the maker sugject to prosecution under Title 18, United States Code Section 1001.

,e n e m y met me ernes in mts repor; are in aommance m me ~CCOMLS and omer morns OT me system ana reilea me natus 01 me sysem to me WK or our mDmeage ana wiri

rINANCIAL AND STATISTICAL REPORT .ISTRLCTIONS-Fnr de ta i i instruciiom. see RUS E u l l d i l717E-2 'his data milbe usedby RUS to reviewyourfinancialsZuation. Yoorresponse is squired (7 U.S.C. 907 ef.seq.) andrnay be confidential.

~

,LL INSURANCE REQUIRED BY PART 1788 OF 7 CFR CHAPTER XVII, REA, WAS IN FORCE DURING THE REPORTING PEWOD AND RENEWALS AVE BEEN OBTAINED FOR ALL POLICIES.

DURING THE PERIOD COVERED BY THIS REPORT PURSUANT TO PART 1718 OF 7 CFR CHAPTER XVll (chedn me of the fohng)

October 31,2003 BORROWER DESGNATKN NORTH ARKANSAS ELECTRIC COOP., INC. P. 0. BOX 1000 -SALEM, ARKANSAS 72576

MaftheablgatonsundertheRUS bandocumects

have been f u l l w in aR matenal w t s

DATE SICNANRE OF CEO 7- SICNANREOFOFFICE MANAGER

PART A: STATEMENT OF OPERATIONS

ITEM

1 4?? ,283 22,684 312,610 274,159 ' 1 . Non-Operating Margins-Interest . . . . . . . . . . . .

22. Allowance for Funds U s e d During Construction . . 23, Income (Loss) h m Eqoihlinvestments

24. Non-Operating Margins-Other . . . . . . . . . . . . . .

26. Other Capital Crediis and Patronage Dividends . . 71,172 58,695 80,000

(52,217) 33,012 (56,317) (8,766 25. Genaraiion and Tra&ission Capital Credits.. .

Edraodinary Hems, . . . . , . . . , . . . . . . . . . . . . . . . ?atronage Capital or Margins (20 thru 27) 3,248,737 2,Oi 1,238 2,446,931 (84,008:

I REA Form 7 (Rev. 04-01) Page 1 of 3

USDA-REA I BORROWER DESIGNATION

YEAR-TO-DATE ITEM LASS YEAR THIS YEAR ITEM

(a) rw 768 860 5. Miles Transmission 1. New Services Connected

2. Services Retired 6. Miles Distribufion- 78 103 Overhead

36,928 37,793 Underground 7. Miles Distribution-

8 Totai Miles Energrred


4. Idle Services (Exclude Seasanal) 4,860 5,018 ( 5 + 6 + 7 )


Y EAR-TO-DATE LAST YEAR THE YEAR

(a) (b) 125 12:

4.066 4,0%

298 30:

4,489 4,52f

AR 026 PERIOD ENDED

3,239,033

554,816 87,918 16,178

89,956

10,700,614

October 31,2003

46. Accounts Payable .................................................. 47. Consumers Deposits .............................................

49. Current Maturities Long-Term Debt ................

50. Current Maturities Capital Leases ................ 51. Other Current and Accrued Liabilities ................ 52 Total Current & A C C N ~ Liabilities (45 thru 51)

48. Current Matuifiies Long-Term Debt ..................


PART C. BAIANCE SHEET LIABILITIES AND OTHER CREDITS ASSETS AND OTHER DEBITS

1. Total Utility Plant in Service . 2. Construction Work in Progress ..

4. Accum. Provision for Deprec 3. Totai LJtiliiPtant ( t ptus 2) ......

5. Net Utility Plant (3 minus 4) .................................. 5. Non-utility Property - Net ................................... 7. Investment in Subsidiary Companies ..................... 3. Investment In Assoc. 0rg.-Patronage Capital __._ 3. Investment In Assoc. 0rg.-Other-General Funds 0. Invest. in Assoc. 0rg.-Other-Nongeneral Funds 1. Investments in Economic Development Pmjects 2. Other Investments ................................................. 3. Special Funds ......................................................... 4. Total Other Property & Invest. (6 thru 13) ....... 5. Cash - General Funds .......................................... 6. Cash - Construction Funds-Trustee ................. 7. Special Deposits ............... 8. Temporary lnvestments ......................................... 9. Notes Receimble-Net .......................................... 0. Accounts Receivable-Net Sales of Energy ......... 1. Accounts Receivable-Net Other ......................... 2. Materials Supplies-Electric and Other ............... 3. Prepayments ................. ........................... 4. Other Current and Accrued Assets ......................

6. Regulatory Assets ..................................................... 5. Total Current &Accrued Assets (15 thru 24) _ _ _ _ _ 7. Other D e f e d De& ............................................ 8. Total Assets & other Debits (5+14+25 thru 27) .__..

1,563,381

22,850,891

...... 29. Memberships ................................. 30. Patronage Capital ................................................. 37. Operating Margins - Prior Years ...................... 32. Operating Margins - Current Year ...................

34. Other Margins and Equities ........ 35. Total Margins & Equities (29 thru 36. Long-Term Debt-RUS (Net) ...........................

(Payments-Unapplied $ ) .. 37. Long-Term Debt-RUS- Econ. Devel. (Net) 38. Long-Term Debt Other-FFB-RUS Guaranteed _._. 39. Long-Term Debt -Other-RUS Guaranteed __ ._ 40 Long-Term Debt Other (Net) _ _ _ 41, Total Long-Term Debt (36 thru 42. Obligations Under Capital Leases ....................... 43. Accumulated Operating Provisions ..................... 44. Total Other Noncurrent Liabilities (42 + 43) ..... 45. Notes Payable ........................................................

33. Non Operating Margins ..............

622,02f 45,481,20t

1,704,067 307,17'

1,418,58* 49,533,052 34,867,84<

222,22' 21.363.37:

14,234,76( 70.688.21:

6,859,35( 6,859,35(

1,541,65t 733,13(

2,276,48! 4,551,27;

~ ~ ~ ~

53. Regulatory Liabiiities ................................................... 54. Other Deferred Credits ..................... 55. Total Liabilities 8 Other Credits ........................

1,213,32; 132,845,21{

1 (35+41 +44+52thru54) PART D. NOTES TO FINANCIAL STATEMENTS

HIS SPACE BELOW IS PROVIDED FOR IMPORTANT NOTES REGARDING THE FINANCIAL STATEMENT CONTAINED IN THIS REPORT. = ADDITIONAL SPACE IS NEEDED, USE SEPARATE SHEET )

$66,416 - CFC Patronage Refund

REA Form 7 (Rev. 04-01) Page 2 of 3

USDA-REA

FINANCIAL AND STATlSTlCAL REPORT

NORTH ARKANSAS ELECTRIC OFFICE USE ONLY October 31,2003

BORROWER DESIGNATION AR 026

NORTH ARKANSAS ELECTRIC COOP., INC. P. 0. BOX 1000 SALEM, AR 72576


MOKTH ENDING

PART E - kWh AND kW STATISTICS

ine 4 less 5 C 6


A-rdlng to the Paperworn Reduchon Act of 1995, an agency may nd contmi numberforthls ~nfonnal~on coliechon is 0572-0032 The tlme recurred b complete mis informahon colk&on is stlnated to average 25 hours per rescanas, Including the time for revimng inmudons, SearChinQ exjrnng oata sources, gathering and maintaining b e data needed, and comDietlng and reviewing tne coll&on of ~mbnation

A or sponsor, and a p m n is not required to repond To, a milechon of infDrmatior , rt dispiays a Mlid OMB rnnlml number The Miim OMS



BORROWER MSIGNATION

AR 026 PERIOD ENDED

FINANCIAL AND STATISTICAL REPORT INSTRUCTIONS-For detatled instructms. see RUS Bullefm 171752 jh,s data wrllbe used by RUS to revlewyourfinanc/alalabon Yourresponse IS required (7 U S C 901 et seq) and may be confidenbal

September 30,2003 BDRROWER DESIGNATION NORTH ARKANSAS ELECTRIC COOP., INC. P. 0. BOX 1000 SALEM, ARKANSAS 72576

., .. .--. -- ~ .. -- - -. -. ._ - . -. __ . - . .

NSTRUCTIONS-For detailed instructions. see RUS Bullefin 171752 riafn win be used bv RUS to review vour financial situabon. Your resmnse IS

concern a matter within the jurisdiction of an agency of the United State and the making of a false, maker sugject to prosecution under Title 18, United States Code Section 1001.

BDRROWER DESIGNATION NORTH ARKANSAS ELECTRIC COOP., INC.

we nere~y cernry marme ernes ~n mis repon are ~n a-raance mrn me P C C Q Y ~ ~ ana m e r -mn 01 me system ana refm me staius or me swem Lo me best or our nnovneage ana mller

LL INSURANCE REQUIRED BY PART 1388 OF 7 CFR CHAPTER XVII, REA, WAS IN FORCE DURING THE REPORTING PERIOD AND RENEWALS M BEEN OBTAINED FOR ALL POLICIES.

DURING THE PERIOD COVERED BY THIS REPORT PURSUANT TO PART 1718 OF 7 CFR CHAPTER xyll

(check we of thefohng)

c ISALEM, ARKANSAS 72576

- - 3 /J- /3 SIGNATURE OF CEO DATE

25. Generation and Transmission Capital Credas -. . 26. Other Capital Credits and Patronage Dividends . . 71,172 58,695 80,000

PART A: STATEMENT OF OPERATIONS THIS MONTH YEAR-TO-DATE

ITEM LAST Y E A R T H I S Y E A R BUDGET

8. Patronage Capital or Margins (20 thru 27)

I

1,869,127 1 2,095,245 1 2,383,058 600,457

3. lnwme (Loss) fmm Equitylnvestmenh 1 I I I 4. Nan-Operating Margins-Other . . . . . . . . . . . . . . (43,220) 1 41,777 I (46,614) I (3,516

~


USDA-REA


JSTRUCTIONS See REA Bullden 171782

I. Total Utility Plant in Service .................................

3. Total Utilii Plant (I plus 2) ................................ $. Accum. Provision for Depreciation and Amort. _.

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

5. Net Utility Plant (3 minus 4) .................................. j. Non-utility Property - Net ................................... 7. Investment in Subsidiary Companies 3. Investment In Assoc. Ora-Patronage 3. Investment In Assoc. 0rg.-Other-General Funds 0. Invest. in Assoc. 0rg.-Other-Nongeneral Funds 1. Investments in Economic Development Pmjeck 2. Other Investments _.. ................................. 3. Special Funds .......... .............................. 4. Total Other Property & Invest. (6 thru 13) ....... 5. Cash - General Funds .......................................... 6. Cash - Construction Funds-Trustee ................. 7. Special Deposits ..................................................... 8. Temporary Investments ......................................... 9. Notes Receivable-Net .......................................... '0. Accounts Receivable-Net Sales of Energy ......... 1, Accounts Receivable-Net Other ......................... 2. Materials Supplies-Electric and Other ............... 3. Prepayments ............................................................ ?I. Other Current and Accrued Assets ...................... '5. Total Current &Accrued Assets (15 thru 24) .____ '6. Regulatory Assets ..................................................... 7. Other Deferred Deb& .......... 8. Total Assets 8 other Debits (5+14+25 thru 27) ._.._


PERIOD ENDED September 30,2003

-

- I - - -

19,299,565

1,563,381

1,784,143

22,879,718 343,80 1

YEAR-TO-DATE LAST YEAR THIS YEAR ITEM ITEM

(a) (b) 742 5 Miles Transmission I New SeMces Connected 683

2 SeMces Retired 6 Miles Dtstnbutlon-

72 96 Overhead

3 Total Sewices in Place 7 Miles Distnbution-

36,849 37,943 Underground

t Idle SeMCS 6 Total Miles Energrzed

(Exclude seasonal) 4,785 5,024 (5 + 6 + 7)

= 5,386,990

YE AR-TO-D ATE THIS YEAR LAST YEAR

(a) (b) 125 12:

4,063 4,09:

296 301

4,484 4,52:

29. Memberships ......................................................... 30. Patronage Capital ................................................. 3t. Operating Margins - PriorYeaffi ...................... 32. Operating Margins - Current Year ................... 33. Non Operating Margins ....................................... 34. Other Margins and Equities ................................ 35. Total Margins & Equaies (29 thru 34) ............... 36. Long-Term Debt-RUS (Net) ...........................

37. Long-Ten Debt-RUS- Econ. Devel. (Net)

39. Long-Ten Debt -Other-RUS Guaranteed ....

(PaymentsUnapplied $ ) ..

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

40. Long-Term Debt Other (Net) ........................... 41. Total Long-Term Debt (36 thru 40) ..................

43. Accumulated Operating Provisions ..................... 42. Obligations Under Capital Leases

44. Total Other Noncurrent Liabilities (42 + 43)..... 45. Notes Payable ......................... 46. Accounts Payable ................... 47. Consumers Deposits .............. 48. Current Maturities Long-Term Debt ................... 49. Current Maturities Long-Term Debt ................

50. Current Maturiies Capital Leases ................ 51. Other Current and Accrued Liabilities ................ 52. Total Current &Accrued Liabilities (45 thru 51) 53. Regutatory LiabilSes ___.. 54. Other Deferred Credits ..................... 55. Total L i a b i l f i 8 Other Credits ........................


620,761 45,529,40:

1,801,994 293,25'

1,409,46: 49,654,871 34,905 ~ 17'

229,62' 21,363,37:

14,234,76 70,732,94<

6,808,71 6,808,71

1,460,97 730,Ol

2,495,38' 4,686,37

1,21732 133,100,42

I (35+41 +44+52thru54)

PART D. NOTES TO FINANCIAL STATEMENTS HIS SPACE BELOW IS PROVIDED FOR IMPORTANT NOTES REGARDING THE FINANCIAL STATEMENT CONTAINED IN THIS REPORT. F ADDITIONAL SPACE IS NEEDED, USE SEPARATE SHEET.)



‘INANCIAL AND STATISTICAL REPORT BORROWER NAME AND ADDRESS NORTH ARKANSAS ELECTRIC COOP., INC.

MONTH ENDING


ine 4 less 5 & 6


,k%@rdmg to the P a ~ n w m Reductton %.3 0: 1995.2" agency may 0 wntiol numberfor ihis informaban wllecbon IS 05726032. The bm- reqwredto cornpieternis informahon collection IS estimated to average 25 hours Der resDu.ise, lwludlng me bme for revievnng instrucbons, Searching exlsbng daa sour-, gathering and maintaining the oata need-. 2no cnomplebng and reviewing the cullectlan of informatlor

.uct ai spc!?soi. and a cerson IS not requlr4 to repand tn, a cullenon of infomat! IS !t displarj 2 valld OM@ cuntm! number.-The Vallm @%le

I UNITED STATE DEPARTMENT OF AGRICULTURE BORROWER DESIGNATION

RURAL UTILITIES SERVlCE AR 026 ]PERIOD ENDED

August 31,2003 7NANCIAL AND STATISTICAL REPORT

his data wdf be used by RUS to review your financial situation. Your response is JSTRUCTIONS-For detailed instructions, sa? RUS Bulletin 1717E-2 BORROWER DESIGNATION

NORTH ARKANSAS ELECTRIC COOP., INC. squired 17 U.S.C. 901 etseq.) andmay be confidential P. 0. BOX 1000

SALEM, ARKANSAS T2576 CERTIFICATION

le recognize that statements contained herein concern a matter within the jurisdiction of an agency of the United State and the making of afalse, ctious or fraudulent statement may render the maker suaject t o prosecution under Tale 18, United States Code Section 1001.

e nereoy cermy matme enm&= tn mts repan are in acmraance wim me accoun~ ana @mer recorns 01 me synem ana renecx me starus or me swam IO me en or our mMeQg* ana Deim

LL INSURANCE REQUIRED BY PART 1788 OF 7 CFR CHAPTERXVII, REA, WAS IN FORCE DURING THE REPORTING PERIOD AND RENEWALS AVE BEEN OBTAINED FOR ALL POLICIES.

DURING THE PERIOD COVERED BY THIS REPORT PURSUANT TO PART 1718 OF 7 CFR CHAPTER XVll (Check one of the folbmng:

A# of the cbigatnns undwthe RUS ban d o c u ~ l s have been fuWd vi aU rnaienal respects

SGNA?URE OF C

PART A: STATEMENT OF OPERATIONS YEAR-TO-DATE THIS MONTH

ITEM LAST YEAR I THIS YEAR I BUDGET


USDA-REA /BORROWER DESIGNATION

YEAR-TO-DATE ITEM LAST YEAR THIS YEAR ITEM I I



AR 026 PERIOD ENDED


2. Services Retired


4. Idle Services (Exclude Seasonan

August 31,2003 NSTRUCTIONS- See REA Bullten 1717B-2

(a1 (b) fa) f bl 602 603 5. Miles Transmission 125 125


59 82 Overhead 4,060 4,085

36,781 37,610 Underground 295 30:

4,733 4,981' ( 5 + 6 + 7 ) 4,480 4,51i


8. Totat Mites Enelgued

127,848,934 5,448,312

133,297,246 35,831 ,127 97,466,l 1 9

3,000

19,299,565

29. Memberships ......................................................... 30. Patronage Capital ................................................. 31. Operating Margins - Prior Years ...................... 32. Operating Margins - Current Year ................... 33. Non Operating Margins ....................................... 34. Other Margins and Equities ................................ 35. Total Margins 8 Equities (29 thru 34) ............. 36. Long-Term Debt-RUS (Net) ...........................

1 , Total Utilrty Plant in Service .................................

3. Tutal Utii-w Ptant (1 plus 2) ................................

j, Net Utility Plant (3 minus 4) .................................. j, Non-utility Property - Net ................................... 7. Investment in Subsidiary Companies ..................... 3. Investment In Assoc. 0rg.-Patronage Capital _ _ _ _ 3. Investment In Assoc. 0rg.-Other-General Funds 0. Invest. in Assoc. 0rg.-Other-Nongeneral Funds I. Investments in Economic Development Projects 2. Other Investments .................................................

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

1. Accum. Provision for Depreciation and Amort. _ _

3. Special Funds ......................................................... 4. Total Other Property 8 Invest. (6 thru 13) ....... 5. Cash - General Funds .......................................... 6. Cash - Construction Funds-Trustee ................. 7. Special Deposits ..................................................... 8. Temporary Investments ......................................... 9. Notes Receivable-Net .......................................... 0. Accounts Receimble..Net Sales of Energy ......... 1. Accounts Receivable-Net Other ......................... 2. Materials SuppliesElectric and Other ............... 3. Prepayments ............................................................ 4. Other Current and Accrued Assets ...................... 5. Total Current 8 Accrued Assets (15 thru 24) ..... 6. Regulatory Assets ..................................................... 7. Other Deferred Debts ............................................ 8. Total Assets & other Debits (5+14+25 thru 27) _.__.

22,900,077 11 3,252

1 395

5,702,104

4,673,493 107,258 623,938 132,000 31,991

11,384,432

1,822,019 133,572,647

40. Long-Term Debt Other (Net) ........................... 41. Total Long-Term Debt (36 thru 40) .................. 42. Obligations Under Capital Leases .......................

44. Total Other Noncurrent Liabilities (42 + 43)..... 45. Notes Payable ........................................................

43. Accumulated Operating Provisions .....................

(Payments-Unapplied $ ) .. 37. Long-Term Debt-RUS- Econ. Devel. (Net) 36. Long-Term Debt Other-FFB-RUS Guaranteed .... 39. Lona-Term Debt -Other-RUS Guaranteed ....

46. 47. 48. 49.

50. 51 52. 53. 54. 55.

Accounts Payable .................................................. Consumers Deposits ............................................. Current Maturities Long-Term Debt .................. Current Maturities Long-Term Debt ................

Current Maturities Capital Leases ................ -Economic Development

Other Current and Accrued Liabilities ................ Total Current 8. Accrued Liabilities (45 thru 51) Regulatory Liabilities ....... Other Deferred Credits ..................... Total Liabilities & Other Credits ........................

.....

61 9,08t 45,572,06!

1,220,663 274,12?

1,400,89: 49,086,831 34,945,93:

237,036 21,435,401

14,234,762 70,853,m

6,758,261 6,758,261

2,427,865 726,50C

2,500,682 5.655.05;

1,219,36.( 133,572,641

1 (35 + 41 + 44 + 52 thru 54) PART D. NOTES TO FINANCIAL STATEMENTS

HIS SPACE BELOW IS PROVIDED FOR IMPORTANT NOTES REGARDING THE FINANCIAL STATEMENT CONTAINED IN THIS REPORT. =ADDITIONAL SPACE IS NEEDED, USE SEPARATE SHEET.)



FINANCIAL AND STATISTiCAL R E W R T BORROWER NAME AND ADDRESS

NORTH ARKANSAS ELECTRIC COOP., INC.

MONTH ENDING

ITEM THIS MONTH YEAR-TO-DATE ITEM THIS MONTH 'YEAR-TO-DATE

650,598 1. Net kWh Generated 6. ORtce Use 84,650 2. W h Purchased 60,154.439 391,926,654 7. Total Unamunted For

27,739,760 3. Interchange kWhNet (line 4 less 5 & 6) 6,323,213 4. Total kWh (1 thru 3) 60,154,439 391,926,654 a. % System Loss (7/4'100) 10.51% 7.08%

9. Maximum Demand (MN) 135,676 153,395 5. TOTAL kWh SOLD 53,746.576 363,536,296 10 Month When Maximum Demand Occured February



Acmardlng to ma Pap-* R W U ~ ~ O " ADI of 1995, an agency may m nnkol numbeiiorthis information milechon 1s 05726032. The tlme requlred to comDlete this lniorrnabon wliecfmn is esbmated to average 25 hours per reSconSe, including fbe time for reviewng instrudans, searching exisbng d a a ~ u r c c s , gathe"ng;ma maintaining me dara needed, and cornpiehng and revke'mng the coliecrion oiinformation

.xt or sponsor, and a penon is not required in repond to, a coll&on of informa& s it displays a valid OM8 mntrOl number. TheMiim OM6

BORROWER DESIGNATKIN UNITED STATE DEPARTMENT OF AGRICULTURE RURAL UTILITIES SERVICE AR 026

PERIOD ENDED

FINANCIAL AND STATISTICAL REPORT July 31,2003 INSTRUCTIONS-For dslailed 1mtruCtlom 588 RUS Bulletin 17176-2 Th!s data willbe usedby RUS to rewewyourJ5nancial srtuabon Yourresponse IS

required (7 U S C 901 et seq) andmay be confidenbal

BORROWER DESIGNATION NORTH ARKANSAS ELECTRIC COOP., INC. P. 0. BOX 1000 SALEM, ARKANSAS 72576

CERTIFICATION

e recognize that statements contained herein concern a matter within the lurisdiction of an agency of the Unlted State and the maklng of a false, ctious or fraudulent statement may render the maker suglect to prosecutton under Title 18, Unlted States Code Section 1001.

we nerecy cemy mar me e m s in m~ reapan are in accoradance win me accounts ana *met m m s orme srjiem ana ievec~ m e siarus n me system m me test or our mowreage ana tew

1 INSURANCE REPUJRED BY PART 1788 OF 7 CFR CHAPTER XYIJ, REA, WAS IN FDRCE DURING THE REPORTING PERIOD AND RwEWALS BEEN OBTAINED FOR ALL POLICIES

D U R N THE PERlOo COV€. .D BY THlS REPORT PURSUAM TO PART 1718 OF 7 CFR M E R XVll (W one of the io0wng)

Noifheonigahansunderfhe RUS bandmments have teen fulfilkd in aH rndenaliespects

There has besl a detail n tke fufiumeOt d he abigatms

~ f c a b j &mi in Pari D of mi6 report. under the RUS bat daumnts Sad defal(s) idare


USDA-REA



AR 026 PERIOD ENDED

July 31, 2003

Y EAR-TO-DATE ITEM LAST YEAR THiS YEAR ITEM 1 I

I. Total Utility Plant in Service ................................. ?. Construction Work in Progress .............................. 3, Totat Utili Plant ( t plus 2) ................................ 1. Accum. Provision for Depreciation and Amort. _ _ i Net U t i l i Plant (3 minus 4) j. Non-utility Property - Net ................................... '. Investment in Subsidiary Companies ..................... 1. Investment In Assoc. 0rg.-Patronage Capital .... 1, Investment In Assoc. 0rg.-Other-General Funds 0. Invest. in Assoc. Org-Other-Nongeneral Funds 1. investments in Economic Development Projects 2. Other Investments ................................................. 3. Special Funds ......................................................... 4. Total Other Property & Invest. (6 thru 13) ....... 5. Cash - General Funds .......................................... 6. Cash - Construction Funds-Trustee ................. 7. Special Deposits ..................................................... 8. Temporary Investments ......................................... 9. Notes Receivable-Net .......................................... 3. Accounts Receivable-Net Sales of Energy ......... 1. Amunts Receivable-Net Other ......................... 2. Materials Supplies-Electric and Other ............... 3. Prepayments ............................................................ 4. Other Current and Accrued Assets ...................... 5. Total Current &Accrued Assets (15 thru 24) ..... 5. Regulatory Assets ..................................................... 7. Other Deferred Debits ............................................ 3. Total Assets & other Debts (5+14+25 thru 27) ._.__

YEAR-TO-DATE LAST E A R THiS E A R

1 New Services Cmnected

2 Services Retired

3 Total Services in Place

1 IdleSerwces

(ExcTude Seasonal)

51 Other Current and Accrued Liablllties 52 Total Current &Accrued Liablllties (45 thru 51)

tal (b) (4 rw 51 9 524 5 Miles Transmission 125 12:

6 Miles Distnbution-

45 64 Overhead 4.057 4.08;

36,712 ' 37,757 Underground 294 30: 7 Miles Oistnbution-

8 TOM Miles EnergQed

-4,744 4,967 ( 5 + 6 + 7 ) 4,476 4,52!

617,79( 45,706,73(

127,306,003 5,460,339

132,766,342 35,550,025 97,216,317

3,000

19,307,286

1,563,381 248,147

1,841,527

22,963,341 71 ,594

1 395

6,447,442

3,529,421 148,811 626,469 154,042 35.81 8

417,755 218,221

1,374,68: 48,335,19( 35,222,56(

29. Memberships ............................ 30. Patronage Capital ..................... 31. Operating Margins - Prior Years ...................... 32. Operating Margins - Current Year ................... 33. Non Operating Margins ....................................... 34. Other Margins and Equities ................................ 35. Total Margins & Equities (29 thru 34) ............... 36. Lmg-Tffm Debt-RUS (Net) ...........................

(Payments-Unapplied $ ) .. 37. Long-Term Debt-RUS- Econ. Devel. (Net) 38. Long-Term Debt Other-FFB-RUS Guaranteed .._. 39. Long-Term Debt -Other-RUS Guaranteed .... 40. Long-Term Debt Other (Net) ........................... 41. Total Long-Term Debt (36 thru 40) .................. 42. Obligations Under Capital Leases ....................... 43 Accumulated Operating Provisions ..................... 44. Total Other Noncurrent Liabilities (42 + 43)..... 45. Notes Payable ........................................................ 46. Acccunts Payable .................................................. 47. Consumers Deposits ............................................. 48. Current Maturities Long-Term Debt ................... 49. Current Maturities Long-Term Debt ................

50. Curcent Maturities CaDital Leases ................ -Economic Development

244,44: 21,435,40'

14,343,84; 71,246,25'

6,707,75' 6,707,75'

2,268,99; 725,19(

1 ,786,083' 1 32,979,734

2,470.63s 5,464,82(

53. Regulatory Liabilities ................................................... 54. Other Deferred Credits 55. Total Liabilities 8 Other Credits ........................

..................... 1,225,71( 132,979,73~

(35 + 41 + 4 4 + 52thru 54)

iIS SPACE BELOW IS PROVIDED FOR IMPORTANT NOTES REGARDING THE FINANCIAL STATEMENT CONTAINED IN THIS REPORT. : AODITIONAL SPACE IS NEEDED, USE SEPAMTE SHEET.)

REA Farm 7 (Rev. a4-01) Page 2 of 3

USDA-REA BORROWER DESIGNATION AR 026

NORTH ARKANSAS ELECTRIC COOP., INC. P. 0. BOX 1000 SALEM, AR 72576

FiNANClAL AND STATISTICAL REPORT BORROWER NAME AND ADDRESS

MONTH ENDtNG

NORTH ARKANSAS ELECTRIC OFFICE USE ONLY July 31,2003

71 Other Electnc Revenue k&B

11 6. ORice Use


84,0601 565,948 ITEM (THIS MONTH IYEAR-TO-DATE 1 ITEM /THIS MONTH /YEAR-TO-DATE

3 Interchange kWhNei Oine 4 less 5 8 6) 387,049 21,416,547 4. Total kWh (1 thru 3) 43,784,515 331,772,215 8 . % ~ y s i e m ~ o s s ~ ~ * ~ ~ ~ ) 0.88% 6 46%

9. Maximum Demand (kw) 112,421 153.395 5. TOTAL kWh SOLD 43,313,406 309,789,720 10. Month When Maximum Demand Occured February

UNITED STATE DEPARTMENT OF AGRICULTURE



AR 026 PERIOD ENDED

AX of Ihe obigatn\s under the RUS bin dontments have teen fuAhd in aU matenal respgts

CERTIFICATION

We recognize that statements contained herein concern a matter mthin the Junsdldlon of an agency of the Unrted State and the maklng of a false, fictious or fraudulent Statement may render the maker sugject to prosecution under Title 18, Unrted States Code Sedlon 1001.

w e nereDy cermy mar me enmes in mzs repom are in amornance wm me accounls ano m e r recorns orme s p m ano renem me IUS or me srjrern m me mas OT our mowteoge an0 Defier

ALL INSURANCE REQUIRED BY PART 1768 OF 7 CFR CHAPTER XVrI, REA, WAS IN FORCE DURING THE REPORTING PERIOD AND RENEWALS HAVE BEEN OBTAINED FOR ALL POLICIES

7. Extraordinary Hems . . . . . . . . . . . . . . . . . . . . . . . . . I 8. Patronage Capital or Margins (20 thru 7.7) 2,519 I 508,336 I 969,024 1 (36,804


Acmrding to me Papervmrn ReduCtlOn Act of 19% an agency may not mmol number formis informanon collection if 05726032 The bme requiwa to Complete m s informabon wllecbon 1s &mated to average 25 hours per respan= including me bme for rwlwnng instwcbons searchlng ensting data sources gamenng and maintalnlng the data neaded and wmpletrng and rewwng me collecbon of Informahon

tor sponsor. and a DeMn is not required to repnd 0 a mllecbon of informano s it displays a valid OMB wnwol number m e vallm OMB


RURAL UTILITIES SERVlCE


AR 026 PERIOD ENDED

FINANCIAL AND STATISTICAL REPORT iNSTRUC7KINSFw detailed instructions, s@a RUS Bullatin 171752 This data will be used by RUS to review your financial sifuaffon. Your response is

June 30,2003 BORROWER DESIGNATION

NORTH ARKANSAS ELECTRIC COOP., INC.

e recognize that statements contained herein concern a matter within the jurisdiction of an agency of the United State and the making of a false, idious or fraudulent statement may render the maker sugject to prosecution under Title 18, United States Code section 1001.

w e nereoy cemry matme enmeS in mi5 repon are in acooraance wm me aCCoUnE ana omer recoms or me system ana reneclme mlus or me synem m me wx Or our UnOWlmge ana wile1

LL INSURANCE REQUIRED BY PART I788 OF 7 CFR CHAPTER MI, REA, WAS IN FORCE DURING THE REPORTING PERIOD AND RENEWALS HAVE BEEN OBTAINED FOR ALL POLICIES.

DURING THE PERIOD COVERED BY THIS REPORT PURSUANT TO PART 1718 OF 7 CFR CHAPTER ;(VI1

(Woneofthefobmng)

t re9uired (7 U.S.C. 901 etseq.) andmay be confidential.

AX of the obigahofis undar the RUS k a davments hm bewl fullsd in aY matenalrespects.

P. 0. BOX 1000 SALEM, ARKANSAS 72576

llrm hss been a defd m the iutibmt of the obigatms under the RUS bm doarments Sad defauU(s) idm

g e a f r a ~ k m t d i n Part D of thbs qorl

SIGNAWRE OF OFFICE W C E R OR ACCOUMINT DATE SICWNRE of CEO DATE

. Other Capilal Crediis and Patronage Dividends . . I I I I

. Extraordinary Items . . . . . . . . . . . . . . . . . . . . . . . . . I I 8. Patronage Capital or Margins (20 thN 27) I 2,519 I 508,336 1 969,024 I (36,8041


USDA-REA


STRUCTIONS See REA Bullten 171752


AR 026 I PERIOD ENDED

June 30,2003

. Total Utility Plant in Service .................................

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

. Total U t a i Plant (1 plus 2) ................................

. h u m . Provision for Depreciation and Amort. ..

. Net Utility Plant (3 minus 4) .................................. .. Non-ufility Property - Net ................................... . Investment in Subsidiary Companies ..................... . Investment In Assoc. 0rg.-Patronage Capital _.__ . Investment In Assoc. 0rg.-Other-General Funds I. Invest. in Assoc. 0rg.-Other-Nongeneral Funds I. Investments in Economic Development Projects 2. Other investments ................................................. 3. Special Funds ......................................................... 1. Total Other Property & Invest. (6 thru 13) ....... 5. Cash - General Funds ........ ;. Cash - Construction Funds- 7. Special Deposits .................................... 3. Temporary investments .........................................

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

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

3. Notes Receivable-Net .......................................... I. Accounts Receimble-Net Sales of Energy ......... I. Account?. Receivable-Net Other .......... 2. Materials Supplies-Electric and Other ...............

1. Other Current and Accrued Assets ...................... 5. Total Current 8 Accrued Assets (15 thru 24) ..... 5, Regulatory Assets ..................................................... 7. Other Deferred Debits ............................................ 3. Total Assets &other Debts (5+14+25 thru 27) ._._.

3. Prepayments ............................................................


I4 (b) 423 433 5 Miles Transmission New Sefvlces Connected

Sew= Retired 6 Miles Distribution-

Total SeM- in Place 7 Miles Distnbution-

Idle Services 8 Total Miies Energ&

(Exclude seasonal)

42 57 Overhead

36,619 37,089 Underground

4,672 4,796 (5 + 6 + 7)

19,307,286

1,563,381

1,855,128

22,980,646 165,476

1 395

6,918,141

3,282,453 76,694 614,206 176,083 26,648

11,260,097

1,248,303 132,297,250

251,asi

YEAR-TO-D ATE LAST YEAR THIS YEAR

(4 (b) 125 125

4,054 4,08€

293 302

4,472 4,512

29. Memberships ......................................................... 30. Patronage Capital ................................................. 31. Operaling Margins - Prior Years ............... 32. Operating Margins - Current Year ............ 33. Non Operating Margin ........................ 34. Other Margins and Eq 35. Total Margins & Equiti 34) ...............

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

36. Long-Term Debt-RUS (Net) ........................... (Payments-Unapplied $ ) ..

37. Long-Term Debt-RUS- Econ. Devel. (Net) 38. Long-Term Debt Other-FFB-RUS Guaranteed .... 39. Long-Term Debt -Other-RUS Guaranteed .... 40. Long-Term Debt Other (Net) ........................... 41. Total Long-Term Debt ( 3 6 t h ~ 40) .............

43. Accumulated Operating Provisions ..................... 44. Total Other Noncunent Liabilities (42 + 43) .....

42. Obligations Under Capital Leases ....

45. Notes Payable _ _ ......................................

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

50. Current Maturities Capital Leases ................ 51. Other Current and Accrued Liabilities ................ 52. Total Current &Accrued (45 thru 51)

54. Other Deferred Credits ..................... 55. Total Liabilities & Other Crediih ........................


53. Regutstory Liabilities ___.._ ..............................

ASSETS AND OTHER DEBITS

616,65C 45,706,73C

LIABILITIES AND OTHER CREDITS

31 9.1 89 189,147

1,374,68i 48,206,40: 35,258,82;

251,851 21,435,401 14,343,847

71,289,921

6,657,41( 6,657,41(

2,003,972 707,78f

2,209,311 4,921,07t

1,222,44( 132,297,25(

I (35+41 +44+52thru54)

PART D. NOTES TO FINANCIAL STATEMENTS +IS SPACE BELOW IS PROVIDED FOR IMPORTANT NOTES REGARDING THE FINANCIAL STATEMENT CONTAINED IN THIS REWRT. . ADDITIONAL SPACE IS NEEDED USE SEPARATE SHEET )


USDA-REA

IAR 026 BORROWER DESIGNATION

:INANCIAL AND STATISTICAL REPORT

IORTH ARKANSAS ELECTRIC OFFICE USE ONLY



NORTH ARKANSAS ELECTRIC COOP., INC. P. 0. BOX 1000 SALEM, AR 72576 MONTH ENDING

June 30,2003

ITEM THIS MONTH YEAR-TO-DATE ITEM THIS MONTH YEAR-TO-DATE 1 Net W h Generated 6 ORceUse 70,706 481,888 2 kWh Purchased 38,954,653 287,987,700 7 Tatai Unaccounted Far

3 Interchange kWh-Net (line 4 less 5 8 6) 2,627,768 21,029,498 4 Total Wh (I thru 3) 38,954,653 287,987,700 8 % Sr jem Loss(7/4'100) 6.75% 7.30%

9 Mmmum Demand (W) 84,306 153,395 5 TOTAL Wh SOLD 36,256,179 266,476,314 10 Month When Mmmum Demand Chured February

A


Accoramg to the Paperwork Reducnon Act of 1985, an agency L, .at conduct or sponsor. ana a person 15 not required to repond to. a collecbon of iniorn.. . .,, ~.nIess n disolays a vaiid OM0 ~0ntr01 number. The valim OM0 control number for this informaban coilectlon 18 0572-0032. The bme required to complete this Informasan collecbon 15 esbmated 10 average 25 m u i s per response. including the time for reviewing ~nsrrucbans, searching exisnng data sources, gathenng and maintaining the data needed. and complehng and reviewing the collection afinloimahon


RURAL UTiLlTlES SERVICE


AR 026 PERIOD ENDED

Mav 31. 2003 NSTRUCTIONS-For detailed instruc!ions, see RUS Bulletin 17178-2 This data wil/ be used by RUS to review yourfinancial situation. Yourresponse is required (7 U.S.C. 901 et-seq.) and may be confidenbal.

BORROWER DESIGNATION NORTH ARKANSAS ELECTRIC COOP., INC. P. 0. BOX 1000 SALEM, ARKANSAS 72576

Ye recognize that statements contained herein concern a matter within the jurisdiction of an agency of the United State and the making of a false, ictious or fraudulent statement may render the maker sugject to prosecution under Title 18, United States Code Section 1001.

ve nereny cemtytnarvle entries in tnls repon are in accoraance with tne accounts and m e r records ertne system ana reriec: me status attne system to tne best or our Knowledge and Q ~ I W

t YEAR-TO-DATE ITEM LAST Y E A R THIS YEAR BUDGET

\LL INSURANCE REQUIRED BY PART 1788 OF 7 CFR CHAPTER XVII, REA, WAS IN FORCE DURING THE REPORTING PERIOD AND RENEWALS IAVE BEEN OBTAINED FOR ALL POLICIES.

THIS M O N T H

DURING THE PERIOD COVERED BY THIS REPORT PURSUANT TO PART 1718 OF 7 CFR CHAPTERXVII

[Check one of the fol~owng)

I

a All ofthe obligabons under the RUS loan documents

have been fulfilied in ail matenai respects

Non-Operating Margins-Other

Generation and Transmission Capital Credits

Other Capital Credits and Patronage Dividends

Extraordinary Items

Patronage Capital or Margins (20 thrd 27)

There has been a default in the fulfillmrrnt o i the obiigahs

underthe RUS loan documents. Said detault(s) islare specificaity described in P a D of this report

(26,995) 10,142 (29,115) (833)

(31,883) 545,139 960,786 (342,742)


I


lsTRUCTlONS. See REA Bulliten 17178-2

USDA-REA BORROWER DESIGNATION

AR 026 PERIOD ENDED

May 31, 2003



, , New Services Connected

?, Services Retired

%. Total Services in Place

1. Idle Services

(Exclude Seasonal)

I . Total Utility Plant in Service .............................. L Construction Work in Progress ............................. 1. Total Utility Plant (1 plus 2) ................................ L Accum. Provision for Depreciation and Amort ..

j. Non-utility Property - Net ................................... '. Investment in Subsidiary Companies .................... 3. Investment In Assoc. 0rg.-Patronage Capital .... 3. Investment In Assoc. 0rg.-Other-General Funds 0 Invest. in Assoc. 0rg.-Other-Nongeneral Funds 1, Investments in Economic Development Projects 2. Other Investments .............................................. 3 Special Funds ......................................................... 4 Total Other Property & Invest. (6 thru 13) ...... 5. Cash - Generai Funds ......................................... 6. Cash - Construction Funds-Trustee ................. 7 . Special Deposits ................................................ 8. Temporary Investments ..................................... 9. Notes Receivable.Net ......................................... 0. Accounts Receivable-Net Sales of Energy ........ 1. Accounts Receivabie.Net Other ......................... 2 . Materials Supplies-Electric and Other ............... 3. Prepayments ............................................................ 4. Other Current and Accrued Assets .................... 5. Total Current & Accrued Assets (15 thru 24) .....

5 , Net Utility Plant (3 minus 4) .................................

6. Regulatory Assets .................................................... 7. Other Deferred Debits ............................................ 8. Total Assets &other Debits (5+14+25 thru 27) ....

(a) (b) (a) (b) 337 338 5. Miles Transmission 125 12:


41 57 Overhead 4,049 4,084

36,534 D:'i 36,723 Underground 293 302

4,695 4,921 ( 5 + 6 + 7 ) 4,467 4,511


8. Total Miles Energized

ASSETS AND OTHER DEBITS

(Payments-Unapplied $ ) .. 37. Long-Term Debt-RUS- Econ. Devel. (Net) 38. Long-Term Debt Other-FFB-RUS Guaranteed .... 39. Long-Term Debt -Other-RUS Guaranteed ....

41. Total Long-Term Debt (36 thru 40) .................. 40. Long-Term Debt Other (Net) ...........................

LlABlLlTlES AND OTHER CREDITS

Notes Payable ........................................................ Accounts Payable .................................................. Consumers Deposits ............................................. Current Maturities Long-Term Debt .................. Current Maturities Long-Term Debt ................

Current Maturities Capital Leases ................ Other Current and Accrued Liabilities ................ Total Current &Accrued Liabilities (45 thru 51) Regulatory Liabilities .......................................... Other Deferred Credits ..................... Total Liabilities 8 Other Credits .......................


125,665,003 6,125,532

131,790,535 35,278,418 9631 2, l 17

3,000

19,307,286

42. Obligations Under Capital Leases ....................... 43. Accumulated Operating Provisions ..................... 44. Total Other Noncurrent Liabilities (42 + 43).

45. 46. 47. 48. 49.

50. 51. 52. 53. 54. 55.

29 Memberships ......................................................... 30. Patronage Capital ................................................. 31. Operating Margins - Prior Years ...................... 32. Operating Margins - Current Year ................... 33. Non Operating Margins .................................... 34. Other Margins and Equities ................................ 35. Total Margins & Equities (29 thru 34) ............. 36. Long-Term Debt-RUS (Net) ...........................

616,115 45,706,73C

378,580 166,55E

1,374,687 48,242,671 35,298,414

259,25€ 21,509,34E

1 4,343 ~ 847 71,410,86€

6,607,187 6,607,18i

2,313,96: 716,78C

........

2,374 ~ 572 5,405,315

1,223,175 132.889.21 E

(35 + 41 + 44 + 52 thru 54)

PART D. NOTES TO FINANCIAL STATEMENTS .llS SPACE BELOWIS PROVIDED FOR IMPORTANT NOTES REGARDING THE FINANCIAL STATEMENT CONTAINED IN THIS REPORT ADDITIONAL SPACE IS NEEDED, USE SEPARATE SHEET)


USDA-REA

:INANCIAL AND STATISTICAL REPORT

ORTH ARKANSAS ELECTRIC OFFICE USE ONLY

2,234 33,754,742 2,303,62: 34,6 1 6.554 1,730.39:

496,930 49,72!

Comm 1000 hVA or less 2,238 6,202,656 432,358 Comm over 1000 kVA 6 7,447,586 374,538 Public St 8 Highway Lighting 25 100,360 10,016 Other Sales lo Public Authorities 306 288,609 23,920 24 304 1,904,390 145,871

Irrigation Sales


NORTH ARKANSAS ELECTRIC COOP., INC. P. 0. BOX 1000 SALEM, AR 72576 MONTH ENDING

B O R R O W R NAME AND ADDRESS

May 31, 2003

:LASS OF SERVICE THIS MONTH No Receiving M Sold Amount No Minimum

Service Bills

Residenbal Sales (excl Seas ) 29 938 21,380,030 1,904,573 1,310 Residential Sales (seasonal)

Y EAR-TO-DATE Avg No Rec- KWH Sold Amount

eiving SeMce Cummulative Cumulative

29,842 159,447,519 12,664,60:

ITEM

1 Net kWh Generated

2 kWn Purchased

3 Interchange kWh-Net

4. Total kWh (1 thru 3)

5 TOTAL kWh SOLD


6 Officeuse 66,973 41 1,182

(line 4 less 5 8 6 ) 2,070,166 18,401,730 37,556,380 249,033,047 7 Total Unaccounted For

37,556,380 249,033,047 8. %System Loss (714'100) 5.51% 7.39% 9 Maximum Demand (kW) 87,501 153,395

35,419,241 230,220,135 10. Month When Maximum Demand Occured February

ACCmding to me Pacework Reclumm Act of 1955, an agnncr

wsbng datasoums, gamenng and maintaining me data needed, and completing and renewng the coliecdon of information

101 Cvnauct or sponsor, and a person IS not required to repond to, a coiiecbon O f in ,on unle55 it displays a valid OM8 contlol number. The Mlim OME number formis information collection is0572G332. The time required to complete mis information collection is esbmated to average 25 hours per response, lncludingme time for reviewing instmdons. searching


RURAL UTILITIES SERWCE BORROWER DESIGNATION

AR 026 PERIOD ENDED

:INANCIAL AND STATISTICAL REPORT his data will be used by RUS to review your financial situation. Your response is LSTRUCTDNS-For detailed instructions. 688 RUS Buttelin t7t7B2

April 30, 2003 BORRCWER DESIGNATION NORTH ARKANSAS ELECTRIC COOP., INC.

e recognize that statements contained herein concern a matter within the jurisdiction of an agency of the United State and the making d a false, %ous or fraudulent statement may render the maker sugject to prosecution under Title 18, United States Code Section 1001.

s nereDy cermymarme e n m s in mis repom are in acwraance wkm me accounn ana omer recoras or me sysEm ana reneci me n a ~ s or me syxem to me ne% or our Knowieage ann MIS.

!quired (7 U.S.C. 901 etseq.} andmay be confidential.

.L INSURANCE REQUIRED BY PART 1788 OF 7 CFR CHAPTERXVII, REA, WAS IN FORCE DURING THE REF'ORTING PERIOD AND RENEWALS 4VE BEEN OBTAINED FOR ALL POLICIES.


DURING THE PERDD COVERED BY THIS REPORT PURSUANT TO PART 1718 OF 7 CFR CHAmERXYll (Checkoneof thefobing)

4IIowBnce for Funds Used During Comirudion . , nmme (Loss) from Equw Investments

4on-Operating Margins-Other . . . . . . . . . . . . . . jeneration and Transmission Capital CrediRs . . . Xher Capital Credits snd Palmnage Dividends. .

3raordinat-y Items . . . . . . . . . . . . . . . . . . . . . . . . . 'atronage Capital or Niargins (10 thru 27)

AB of the oblgabns under the RUS ban documents

h a w been fuhbd in a1 matenal respects

n

(19,791) 10,975 (21,345) (4,683)

21 3,195 887,881 1,087,838 (157,475)

a There has been a defait m the iufibnent of t+e cbtgabons

under the RUS ban dcwrnents. Sad default(s) idare

5/2- 03 SlGdTllRE OF OFFICE MANAGER OR ACCO DATE SlGNlToRE OF CEO DATE

USDA-REA BORROWER DESIGNATION I I 1 AR 026 I I

FINANCIAL AND STATISTICAL REPORT PERIOD ENDED I Apfll30,2003

6,063,771 131 ,092,174- 34,998,369 96,093,805

3,000

19,307,286

270,369 1,878,494

23,022,530 255,935

1,563,381

1 395

8,381 ,154 27

351 7,890

618,594 220,165

92,791

19,353 13,106,305

1 ,346,814 133,569,454

Total Utility Plant in Service .................. Construction Work in Progress ............. Total Utility Plant (1 plus 2) ................................

Net U t i l i Plant (3 minus 4) ..................................

Investment in Subsidiary Companies .....................

Investment In Assoc. 0rg.-Other-General Funds Invest. in ASSOC. 0rg.-Other-Nongeneral Funds Investments in Economic Development Projects Other Investments .................................................

I. Special Funds .........................................................

i. Cash - General Funds ..........................................

Accum. Provision fw Depreciation and Amort. ..

Non-utility Property - Net ...................................

Investment In Assoc. 0rg.-Patronage Capital ....

I. Total Other Property & Invest. (6 thru 13) .......

i. Cash - Construction Funds-Trustee .................

i. Temporary Investments ......................................... L Notes Receivable-Net .......................................... I. Accounts Receivable-Net Sales of Energy ......... . Accounts Receivable-Net Other ......................... !. Materials SuppliesElectric and Other ............... 1. Prepayments ............................................................ I. Other Current and Accrued Assets ...................... i. Total Current & Accrued Assets (15 thru 24) ..... I. Regulatory Assets ..................................................... '. Other Deferred Debts ............................................ 1. Total Assets 8 other Debts (5+14+25 thru 27) .....

30. Patronage Capit 31, Operating Margins - Prior Years ...................... 32. Operating Margins - current Year ................... 33. Non Operating Margins 34. Other Margins and Equ 35. Total Margins 8 Equities (29 thru 34) ............... 36. Long-Term Debt-RUS (Net) ...........................

38. Long-Term Debt Other-FFE-RUS Guaranteed .... 39. Long-Term Debt -Other-RUS Guaranteed .....

41. Total Long-Term Debt (36 thru 40) .................. 42. Obligations Under Capital ..........

(Payments-Unapplied $ 1 .. 37. Long-Term Debt-RUS- Econ. Devel. (Net)

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

43. Accumulated Operating P ..................... 44. Total Other Noncurrent Liabilities (42 + a)..... 45. Notes Payable ........................................................ 46. Accounts Payable ............... 47. Consumers Deposits .............................................

49. Current Maturities Long-Term Debt ................

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

48. Current Maturities Long-Term Debt ...................

-Economic Development 50. Current Maturities Capital Leases ................ 51, Other Current and Accrued Liabilities ................ 52. Total Current & Accrued Liabilities (45 thru 51) 53. Regulatory Liabilities .............................................. 54. Other Deferred Credits ........ 55. Total LiibiMii & Other Credits ........................

A * 1,374,687,

48,584 ,t 68' 35,635,860

266,666 21,509,349

14,451,033 71,862,90E

6,556,334 6,556,334

2,095,39€ 709.83t

2,533,097 5,338,32:

.... 1,227,721

. 133,569,49 I (35+41 +44+52thru54)

PART D. NOTES TO FINANCIAL STATE MENTS

ilS SPACE BELOW IS PROVIDED FOR IMPORTANT NOTES REGARDING THE FINANCW STATEMENT CONTAINED IN THIS REPORT. 'ADDITIONAL SPACE IS NEEDED, USE SEPARATE SHEET.)


FINANCIAL AND STATISTICAL REPORT BORROWER NAME AND ADDRESS

NORTH ARKANSAS ELECTRIC COOP., INC. P. 0. BOX 1000

4 Comm 1000 kVA or less 2,226 5,959,094 424,904 27,552,086 1,871,265 1,355,856

39,709

3 lrngabon Sales

5 Comm over 1000 kVA 6 7,016,914 358,218

7 Other Sales to Public Authorities 305 324,471 26,521 29 303 121,950 8 Sales for Resale-REA Borrowers

27,168,968 6 Publlc SI L% Highway Llghting 25 99,240 10,034

THIS MONTH YEAR-TO-DATE ITEM THIS MONTH YEAR-TO-DATE ITEM 1 Net W h Generated 6 GfficeUse 68,379 344,209 2 kWh Putchased 45,115,329 211,476,667 7 Total Unaccounted Far

3 Interchange Wh-Net (line 4 less 5 8 6) 4,951,179 16,331,564 4 Total Wh (1 thru 3) 45,115,329 21 1,476,667 8 % System Loss V/4*100) 10.97% 7 72%

9 Mmmum Demand (W) 103,431 153,395 5 TOTAL W h SOLD 40,095,771 194,800,894 10 Month When Maxlrnum Demand Occured February


A ~ o r d i n g to me PapnwV& Reduchon Act or 1995, an agency .at conduct or sponsor, ana a person is not require€ io repand to, a collshon Of 11

contm numberforthis informahon Collechon is C5721)(332 The hme required to complete this information wiiedlan is &mate€ to average25 hours per raponse, including the bme for reviewing mmchons, searching existing data sources, gathenng and malntainingme data needed, and complehng and revieulng me collec?lon of informabon

.don unless it displays a W i d OMB COnUol number. The Mlim OM8


R U M UTILITIES SERVlCE

FINANCIAL AND STATISTICAL REPORT NSTRUCTIONS-For detailed instructtom, sea RUS Bulletin 17t752 This data wll be used by RUS to rewew your financial srtuabon Your response IS

equired (7 U S C 9Oi et seq) and may be confidenhai


AR 026 PERIOD ENDED

March 31,2003 BORROWER DESIGNATION NORTH ARKANSAS ELECTRIC COOP., INC. P. 0. BOX 1000 SALEM, ARKANSAS 72576

V e recognize that s ta tements contained herein concern a matter within the jurisdiction of an agency of the United State and the making of a false. i d i o u s or fraudulent statement may render the maker sugjecl to prosecution under Title 18, United States Code Section 1001.

ve nereDy cenny matme enuies In mis repom are in accoraance w m me acmunn ana omer recoras or me system ana renecrme status or me system to me D ~ S I or our Knowieoge ana Delier.

ILL INSURANCE REQUIRED BY PART 1788 OF 7 CFR CHAPTER XVII, REA, WAS IN FORCE DURING THE REPORTING PERIOD AND RENEWALS IAVE BEEN OBTAINED FOR ALL POLICIES.

DURING THE PERIOD COVERED BY THIS REPORT PURSUANT TO PART $718 OF 7 CFR CHAPTER Xvll (check one of the f o h n g )

Aiioi iim obigahons hn&r +e RtiS ban documents have been fuKM in aU matenal respects.

1

SffiNANRE OF CEO DATE


ITEM

Distribution Expense-Operation . . . . . . . . . . . . . .

Customer Service and Informational Expense . . . .


USDA-REA BORROWER DESIGNATION

, Total U t i l i Plant in Service . _.___ Construction Work in Progress .............................. Total U t i l i Plant (1 plus 2) ................................

, Accum. Provision for Depreciation and Amort. ., . Net Utility Plant (3 minus 4) .................................. . Non-utility Property - Net ................................... . Investment in Subsidiary Companies ..................... . Investment In Assoc. 0rg.-Patronage Capital .... . Investment In Assoc. 0rg.-Other-General Funds ). Invest. in Assoc. 0rg.-Other-Nongeneral Funds

t . Total Other Property & Invest. (6 thru 13) ....... 5. Cash - General Funds ............. 3, Cash - Construction Funds-Tru 7, Special Deposits ...................... I. Temporary Investments ......................................... 3. Notes Receivable-Net .......................................... I. Accounts Receivable-Net Sales of Energy ......... I. Accounts Receivable-Net Other ......................... ?. Materials Supplies-Electric and Other . 3. Prepayments ............................................................ 1. Other Current and Accrued Assets ...................... 5. Total Current 8 Accrued Assets (15 thru 24) ___..

3. Regulatory Assets ..................................................... 7. Other Deferred Debits ............................................ 3. Total Assets & other Debits (5+14+25 thN 27) .....

FINANCIAL AND STATISTICAL REPORT AR 026 I PERIOD ENDED

March 31,2003

i '

14 046 75'

123,982,845

34,723,120 95,071,675

3,000

19,307,286

274,073 1,925,111

23,072,851 202,907

1 395

8,636.321 27

4,172,034 104.798

5,81 1,950 129,794,795

1,563,381

645,930 49. Current Maturities Long-Term Debt ................

42,137 50. Current Maturities Capital Leases ................ -Economic Devel,ment

14 046 757 51. Other Current and Accrued Liabilities ................

.............. 29. Memberships .......................... 30. Patronage Capital ................................................. 31. Operating Margins - Prior Years ...................... 32. Operating Margins - Current Year ................... 33. Non Operating Margins ....................................... 34. Other Margins and Equities ................................ 35. Total Margins 8 Equities (29 thru 34) ............... 36. Long-Term Debt-RUS (Net) ...........................

38. Long-Term Debt Other-FFB-RUS Guaranteed .... 39. Long-Term Debt -Other-RUS Guaranteed ....

41. Total Long-Term Debt (36 thru 40) .................. 42. Obligations Under Capital Leases ........ 43. Accumulated Operating Provisions .....................

(Payments-Unapplied $ ) .. 37. Long-Term Debt-RUS- Econ. Devel. (Net)

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

44. Total Other Noncurrent Liabilities (42 + a)..... 45. NotesPayble .................. 46. Accounts Payable ............ 47. Consumers Deposits ............................................. 48. Current Maturities Long-Term Debt ...................

52. Total Current & Accrued Liabilities (45 thru 51) ................................................ .....................

55 Total L i b i l k s 8 Other Crediis ........................

613,33: 45,783,071

938,619 106,736

1,360,77! 48,802,53f 35,683,41f

274,07: 21,509,34!

14,451,03: 71,917,87:

6,506,49( 6,506,49(

1,986,91' 703,67(

2,538,42: 5,229,OOf

1,225,65; 133,681,56:

I ( 3 5 ~ 4 1 +44+52thru54)

PART D. NOTES TO FINANCIAL STATEMENTS -115 SPACE BELOW IS PROVIDED FOR IMPORTANT NOTES REGARDING THE FINANCIAL STATEMENT CONTAINED IN THIS REPORT.

ADDITIONAL SPACE IS NEEDED, USE SEPARATE SHEET.)


USDA-REA BORROWER DESlGNATlON

FINANCIAL AND STATISTICAL REPORT NORTH ARKANSAS ELECTRIC COOP., INC. P. 0. BOX tOOO

ITEM

1 Net W h Generated

2 Wh Purchased

3 Interchange Wh-Net

4 Total W h (1 thru 3)

5 TOTAL W h SOLD

PART E - k W h AND kW STATISTICS


6 Officeuse 68,723 275,830 52,329.472 166,361,338 7 ~o ta t unaccaunted Far

11,380,385 52,329,472 166,361,338 8 % Srjtern LOSS (7/4'100) 7.21 % 6.84%

9 Mmomum Demand (W) 124,343 153,395 48,486,744 154,705,123 10 Month When Maxlrnurn Demand Occured February

(line 4 less 5 & 6) 3,774,005


According to m e PapeMom Reducbon Act of 19%, an agency wntml number for this information collecOon IS 0572-0032. Th exishng data sources, garnering and maintaining * e data meGeU, d d completing and ievrw-ng the collec+on of information

.)t Conduct or sponsor, and a penon is not required To repand to, a collecbon or 1'

equired to complete mis infonnabon milechon is esflnatw to average 25 h o w ,h>n unless it displays a valid OM8 control number. The valim OM0 .pon5e. inoludlng the bme for r e w w n g insbucbons, searching


RURAL UTILITIES SERVlCE


AR 026 PERIOD ENDED


Th/s data wfl/ be used by RUS to rewewyourfinancial srtuatron Yourresponse IS

MSTRlKTtONSFor detailed instwctiof~~, see W.JSBullelm t717%2 February 28,2003

BORROWER DESIGNASJOY NORTH ARKANSAS ELECTRIC COOP., INC.

Ve recognize that statements contained herein concern a matter within the jurisdlction of an agency of the United State and the making of a false, Ictious or fraudulent statement may render the maker sugject to prosecution under Title 18, United States Code Section 1001.

ue nereoy cemy mar me enmes in mis reponare in accoraance wm me amounn ana omer recoras or me system ana renm me status or me system IO me nest or our Knamwge ann Deiier

equired (7 U.S. C. 901 etseq.) and may be confidential.

ILL INSURANCE REQUIRED BY PART 1788 OF 7 CFR CHAPTER XVII, REA, WAS IN FORCE DURING THE REPORTING PERIOD AND RENEWALS IAVE BEEN OBTAINED FOR ALL POLICIES.

DURlNG THE PERIOD COVERED BY THIS REPORT PURSUANT TO PART 1718 O f 7 CFR CHAmERxvU ( W k cne of the folbmng)


Mof hobigakma under the RUS ban doarments haw teen fuBW in al matenal respscts.

Y EAR-TO-DATE ITEM LAST YEAR THIS YEAR 1 BUDGET

THIS MONTH


USDA-REA


NSTRUCTIONS - See REA Bulliten 1717E2

Y €A R-TO- Dt YEAR-TO-DATE I I I


AR 026 PERIOD ENDED

February 28,2003

1. New Sewices Connected

?. Services Retired


4. Idle Services (&dude Seasonalj

PART C. BALANCE SHEET LIABILITIES AND OTHER CREDITS ASSETS AND OTHER DEBITS

103 107 5. Miles Transmission 125 12 6. Miles Distribution-

21 26 Overhead 4,043 4,071

36,320 36,523 Underground 292 301 7. Miles Distribution-

8. Total Miles Energized 4,707 4,935 (5+6+77 4,460 4,50,

I . Total U t i l i Plant in Service ......... 2. Construction Work in Progress .............................. 3. Total Uti l i i Plant (1 plus 2) ................................

5. Net Utilii Plant (3 minus 4) ..................................

7. Investment in Subsidiary Companies ..................... 3. Investment In Assoc. 0rg.-Patronage Capital .... 1. Investment In Asscc. 0rg.-Other-General Funds 0. I R \ i H . in AS%. O?g.-Uttiei-N6ingeiIeSl Funiis 1. Investments in Economic Development Projects 2. Other Investments ................................................. 3. Special Funds ......................................................... 4. Total Other Propern & Invest. (6 thru 13) ....... 5, Cash - General Funds .......................................... 6. Cash . Construction Funds-Trustee ................. 7. Special Deposits ..................................................... 5. Temporary Investments .......,.,,, .... 3. Notes Receivable-Net .......................................... 3. Accounts Receivable-Net Sales of Energy ......... I . Accounts Receivable-Net Other ......................... 2. Materials Supplies-Electric and Other ............... 3. Prepayments ............................................................ 4. Other Current and Accrued Assets ...................... 5. Total Current 8 Accrued Assets (15 thru 24) ..... 5. Regulatory Assets ..................................................... 7. Other Deferred Debts ............................................ 3. Total Assets & other Debits (5+14+25 thru 27) ___._

$. Accurn. Provision for Depreciation and Arnort. ..

j. Non-utility Property . Net ...................................

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

Prior Years ...................... Current Year ...................

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

35. Total Margins & Equities (29 thru 34) ............... ...........................

.... 39. Long-Term Debt -Other-RUS Guaranteed .... 40. Long-Term Debt Other (Net) ........................... 41 . Total Long-Term Debt (36 thru 40) .................. 42. Obligations Under Capital L e a s e s 43. Accumulated Operating Provisions ..................... 44. Total Other Noncurrent Liabilities (42 + a).....

46. Accounts Payable .................................................. 47. Consumes Deposits a. Current Maturities Lona-Term Debt

45. Notes Paybk ........................................................ .............................................

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

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

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

52. Total Current & Accrued Liabilities (45 thru 51 1 ............................................... .....................

55. Total Liabilities 8 Othef Credits ........................

61 1,95! 45,885,49,

490,183 85,64!

1,338,31 I 48,4f 1.59' 35,728,44(

2%1,4%' 21,585,211

14,451,03: 72,046,161

6,456,09; 6,456,09;

2,636,75( 701,30!

2,465,442 5.803.50!

... 1,225.99'

133,943,35( I (35+41 +44+52thru54) PART D. NOTES TO FINANCIAL STATEMENTS

.(IS SPACE BELOW IS PffUVlDE[3 FUR WPURTANT NUTES REGARDING THE FlNANClAL STATEMENT CUNTAINU) IN THIS REWRT. AOIXTIONAL SPACE IS NEEDED USE SEPARATE SHEET 1


According io me Papenmh Reductton Act Of 1995, an agenc control number formis informahon collection 1s 05726032. TI. existing data sourm, gathenng and maintaining the data r;tpdeo, and mmpieting and renewing me collection afiniormanon

'ot wnduct or sponsor, and a person is not required to repond to, a wilecbon 01

required to complete this inlormation collecbon is &mated to average 25 h o w ibon UnleJS it displap a valid OMB control number. The mlim OMB spmse, including me time for renewing !nsVuctions. searching

FINANCIAL AND STATISTICAL REPORT January 31,2003 INSTRUCTIOFJS-For detailed ins!mctions, s n RUS Bulletin 27178-2 This data will be used by RUS to review your financialsituation. Yourresponse is required (7 U.S.C. 907 et-seq.) andrnay be confidential.

SORROWER DESIGNATION NORTH ARKANSAS ELECTRIC COOP., INC. P. 0. BOX 1000 SALEM, ARKANSAS 72576

CERTIFICATION

We recognize that statements contained herein concern a matter within the jurisdiction of an agency of the United State and the making of a false, fictious or fraudulent statement may render the maker sugjed to prosecution under Title 18, United States Code Section 1001.

w e nereny cernry maime enrnes in mi5 repon are in accoraance wim me accoums ana orner recoros orme synem ana renecr me smuts orme sprem IO me oesr or our mavleage ana Deiier

ALL INSURANCE REQUIRED BY PART 1788 OF 7 CFR CHAPTERXVII, REA, WAS IN FORCE DURING THE REPORTING PEfUOD AND RENEWALS HAVE BEEN OBTAINED FOR ALL POLICIES.

UNiTED STATE DEPARTMENT OF AGRICULTURE IECRROWER DESffiNATiON

RUFUL UTlLlTiES SERVlCE I AR 026 IPERlOD ENDED

DURING THE PERIOD COYERED BY THIS REPORT PURSUANT TO PART I718 OF 7 CFR CHAPTER XVll (Check one ofthefoltxnng)

Ail of the oblgahans under the RUS ban documents

hrne been luAkd in all rnatenalrespects

7. Exlraordinalv llems . . . . , . ~

8. Patronage Capital or Margins (20 thru 2i3 190,769 T 230,347 I 176,539 1 230.347


USDA-REA

FINANCIAL AND STATISTlCAL REPORT

NSTRUCTIONS - See RE4 Bullifen 1717E-2


AR 026 PERIOD ENDED

January 3-lt 2003

1 New Services Connected

2 Sermes Rehred

3 Total Services in Place

4 IdleSeMces (Exclude Seasonal)

I . Total U t i l i Plant in Service ................................. 2. Construction Work in Progress .............................. 3. Total Utility Plant (1 plus 2) ............................. t.. 6 Acwm. Provision for Depreciation and Amort. .. j. Net Utility Plant (3 minus 4) .................................. j, Non-utility Property - Net ................................... 7. Investment in Subsidiaty Companies ..................... 3. Investment In Assoc. 0rg.-Patronage Capital .... 9. Investment In Assoc. 0rg.-Other-General Funds 0. Invest. in Assoc. 0rg.-Other-Nongeneral Funds 1. Investments in Economic Development Projects 2. Other lnvestrnents ............................... 3. Special Funds ......................................................... 4. Total Other Property & Invest. (6 thru 13) ....... 5. Cash . General Funds .......................................... 5. Cash . Construction FundsTrustee ................. 7. Special Deposits ..................................................... 3. Temporary Investments ......................................... 3. Nates Receivable-Net .......................................... 3. Accounts Receivable-Net Sales of Energy ......... 1, Accounts Receivable-Net Other ......................... 2. Materials Supplies-Electric and Other ............... 3. Prepayments ............................................................ 1. Other Current and Accrued Assets ...................... 5. Total Current 8 Accrued Assets (15 thru 24) ._.__ 3. Regulatory Assets ..................................................... I . Other Deferred Debits ............................................ 3. Total Assets &other Debits (5+14+25 thru 27) __._.

(a) (b) 3- (a) (b) 71 61 5 Miles Transmission 125 1;

6 Mites Distnbution- 11 13 Overhead 4,040 4,Oi

7 Miles Datnbution-

36,298 36,490 Underground 292 2s

4,712 4,908 (5 + 6 + 7) 4,457 4,45 8 Total Miles Energized

122,753,191 1 29 4,781 , - - - ......

ASSET5 AND OTHER DEBITS

6 t 2,2i __. . I I, Memberships ..............

........................ 45,885,46

172.36 57,9E

I ,338,31 48,066,45

........................... 33,365,9[:

....... 35. Total Margins & Equities (29 thru 34) .......

....

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

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

ent Liabilities (42 +a)..... ?U,04.5,.5/1 45. NotesPapble ........................................................

77 46. Accounts Pavable ..................................................

LIABlLlTlES AND OTHER CREDITS

. .............. 395 44. Total Other Noncun ................

207,40 21,5a5,21

14,556,36 69,714,88

6,406,lO 6.406.1 0

2,351 ,$ 69

4aturities Long-Term Debt ................... L, / 13,3.3 llaturities Long-Term Debt ................ rnomic Development 82,48.

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

52. Total Current 8 Accrued Liabilities (45 thru 51) ................................................

.........

I ( 3 5 ~ 4 1 i44+52thni54)

PART 0. NOTES TO FINANCIAL STATEMENTS ilS SPACE BELOW IS PROVIDED FOR IMPORTANT NOTES REGARDING THE FINANCIAL STATEMENT CONTAINED IN THIS REPORT.

ADDITIONAL SPACE IS NEEDED, USE SEPARATE SHEET.)


USDA-REA BORROWER C JATION

AR 026

NORTH ARKANSAS ELECTRIC COOP., INC. ~P. 0. BOX 1000 SALEM, AR 72576

FINANCIAL AND STATISTICAL REPORT BORROWER NAME AND ADDRESS

MONTH ENDING NORTH ARKANSAS ELECTRIC OFFICE USE ONLY January 31,2003

CLASS OF SERVICE THIS MONTH YEAR-TO-DATE No Receiving KWHSold Amount No Minimum Avg No Rec- KWH Sold Amount

Serxce BIllS eiwng Ser.ce Curnmulatwe Cumulatrn

36,300,360 2,652,369 1 Residential Sales (eucl Sees j 29,750 36,308,360 2,652,370 1,343 29,750 2 Residential Sales (seasonal)

3 lrngation Sales

PART E - k W h AND kW STATISTICS

ITEM THIS MONTH YEAR-TO-DATE EEM THIS MONTH YEAR-TO-DATE

1 Net W h Generated 6 OiVceUse 104,143 104,143 2 W h Purchased 53,067,859 53,067,859 7 Total Unaccounted For

3 Interchange Wh-Net (line 4 le55 5 8 6) 2,000,923 2,888,923

9 Manmum Demand (W) 129,534 129,534 4 Total W h (1 thru 3) 53,067,059 53,067,859 8 %system Loss (7/4*100) 5 44% 5 43%

r 5 TOTAL Wh SOLD 50,074,793 50,074,793 10 Month When Maximum Demand Occured January -

RUS FORM 613 10-09

U. S. DEPARTMENT OF AGRICULTURE RURAL UTILITIES SERVICE WASHINGTON, D. C. 20250

STATEMENT OF LOAN ACCOUNT AND TRANSACTIONS FOR THREE MONTH PERIOD ENDING NOV 30, 2003

NORTH ARKANSAS ELEC C O O P INC P 0 BOX 1000 SALEM AR 72576

1 2050261 REFERENCE

NUMBER

04260 04260

04270 04270

08280 020c 0 ~ 2 8 0 08280

08282 0200 08282 08282

0 ~ 2 9 0 0200 08290 0 ~ 2 9 0

08292 0200 0 ~ 2 9 2 OB292

18300 0500 1 ~ 3 0 0 1 ~ 3 0 0 I

I

- >01

21 - OC 04 01

GO 04 01

00 04 01

00 04 31

30 34 11

IO

1 ~ 3 0 2 18302

le310 18310

18312 - BALANCE AS OF

INTEREST CURRENT I4CCUMUlATi

12804

28768

30239

50235

~ 1 1 7

1254

PRINCIPAL

904 10

1018741

6 16221

616221

88292:

* - MONTHLY BILLED ACCOUNT

2fTRANSACTlON CODES 1: ACCOUNT NUMBERS WITH 9 AS THE FIRST DIGIT ARE ADVANCE PRYMENT ACCOUNTS

OUTS ACCUM. INTE

NDING BALANCES PRINCIPAL

( 1

25880 8

16839 5 5792 ? i: 60 4773412

6078 128

546 1899

6078 128

546 1899

027 1025

9388 102

0298482

9,,4fiz@

366593 1 & / g337

3689642

3087636

3 157252

3471 71 2

586948 1

3789792

00 OPENING BALANCE 02 ADVANCE OF FUNDS 08 COLLECTION ADJUSTMENT 19 ADJ TO ADVANCE PAYMENT 01 CLOSING BALANCE AND 04 PAYMENT 09 REAPP FROM ADVANCE ACCOUNT

UNPAID BILLED AMOUNTS 07 ADVANCE OF FUNDS ADJ PAYMENT ACCOUNT 20 - 29 SEE RUS BUL 20-9 320-12 33 ERC DEFERMENT

rL1000047401* L R U S 0 6 1 3

RUS FORM 613 10-99

248693E

2484423

1202149

1232362

4602326

3031

1 146839

546045 i;- 5183 603 1

1 1 6560

rCCOUNl UMBER 1

157

9 30

CONTINUED STATEMENT OF LOAN ACCOUNT AND TRANSACTIONS FOR THREE MONTH PERIOD

2

1 205026 1 REFERENCE NUMBER

563249 2

7785 10 14

3535'3 1-6 1 78188930

75704477

4758 109 1

46378942

47367647

46 135285

22 1 132070

16529744

1528 16592

149785425

6 2 358 77 2

DATE OF TRANSAC

113033

183 133 193033 ,93003 103133 1031133 I 12833 I 13033

, ,

6121 1933

22901 2359

226791395

BALANCE AS OF

- ;0

21 - 0 -

oc 01 01

oc 04 01

OC 04 31

30 34 31

30 34 31

IO 14 I1

10 14 11

10 14 33 )4 13 14 11

INTER EST CURRENT lACCUMULATE

974396

593024

590 175

2755326

1934 150

777037

940840

970230

936773

PRINCIPAL

- MONTHLY BILLED ACCOUNT

1IACCOUNT NUMBERS WITH 9 AS THE FIRST DIGIT ARE ADVANCE PAYMENT ACCOUNTS 2lTRANSACTlON CODES:

OUTS CCUM INTEI

.NDING BALANCES PRINCIPAL

00 OPENING BALANCE 02 ADVANCE OF FUNDS 08 COLLECTION ADJUSTMENT 19 ADJ. TO ADVANCE PAYMENT 01 CLOSING BALANCE AND 04 PAYMENT 09 REAPP FROM ADVANCE ACCOUNT

UNP41D BILLED AMOUNTS 07 ADVANCE OF FUNDS ADJ PAYMENT PCCOUNT 20 - 29 SEE RUS BUL 20-9.320-12 33 ERC DEFERMENT

R U S FORM 633 10-99

50

1017


135

3850 19 38693c 367656 386930 777030

105250 131930 9 1859

131930 24 1629

534097 605630 605630 487096

1147141

1753 564000 443440 573751

1703

DATE OF TRANSAC

BALANCE AS OF

- ZO

2:

O t 01 3: 01 3: 01 01

oc 04 32 04 35 04 31

30 34 33 34 33 34 31

30 34 33 33 I4 I4 I 1

10 14 33 14 13 14 -

INTE CUR RENT 7

1 4 ;

151

146 I

586874

615355

593957

469236

4154432

458487

1522042

1570816 1518144

I

54558 1 '

585256

5b 1975

EST GCUMULATE

I l l

REFERENCE NUMBER


+ - MONTHLY BILLED ACCOUNT

1IACCOUNT NUMBERS WITH 9 AS THE FIRST DIGIT ARE ADVANCE PAYMENT ACCOUNTS 21TRANSACTlON CODES


UNPAID BILLED AMOUNTS 07 ADVANCE OF FUNDS ADJ PAYMENT 4CCOUNT 20 - 29 SEE RUS BUL 20-9 320-12 33 ERC DEFERMENT

iLZ000047502~ L R U S 0 6 1 3

RUS FORM 613 10-00


REFERENCE NUMBER ! 205026 !

- Di TF - 1

01 O ! 1 ( 1 1

-

O! 1 ( 1 1

Ol 1

O t 1 '

3 l 1 i

3E 1 1

- ;0 21 -

01

oc OL OL Oh 01

oc 04 04 04 01

-

3C 31

30 31

30 11

3 0 I1

PRINCIPAL VDING BALANCES

PRINCIPAL OUTS

iCCUM. INTEF EST XCUMULATE

INTf CURRENT

KCOUNT IUMBER 1

le363

1 8370 18370 i 83 70 1 8370 18370

18375 18375 18375 18375 18375

9D990 9D990

9-1990 9-1990

9M990 9M990

94990 9 9 9 0

BALANCE AS OF NOV 30, 2003 31


l/ACCOUNT NUMBERS WITH 9 AS THE FIRST DIGIT ARE ADVANCE PAYMENT ACCOUNTS Z!TRANSACTION CODES:

00 OPENING BALANCE 02 ADVANCE OF FUNDS 08 COLLECTION ADJUSTMENT 19 ADJ. TO ADVANCE PAYMENT 01 CLOSING BALANCE AND 04 PAYMENT 09 REAPPFROM ADVANCE ACCOUNT

UNPAID BILLED AMOUNTS 07 ADVANCE OF FUNDS ADJ PAYMENT ACCOUNT 20 - 29 SEE RUS BUL. 20-9.320-12 33 ERC DEFERMENT

RUS FORM 613 10-09

INTERES' E

U. S. DEPARTMENT OF AGRICULTURE RURAL UTILITIES SERVICE WASHINGTON, D. C. 20250

STATEMENT OF LOAN ACCOUNT AND

33753

33753

4CCOUNT JUMBER 1

0426C 0426C 0426C

04270 04270 04270

08280 08280 08280

08282 08282 08282

08290 0 ~ 2 9 0 08290

08292 0 ~ 2 9 2 08292

1 ~ 3 0 0 18300

18300

18302 18302 18302 1 ~ 3 0 2

1 ~ 3 1 0 18310 le310 18310

1 8300

RATE TRANSAC

0200 o 310

0 310.

TRANSACTIONS FOR THRE

N O R T H A R K A N S A S E L E C C O O P P 0 BOX 1000 S A L E M AR 72576

RTH ARKANSAS ELEGTRtC COO

ozoi

020c

320c

1200

I200

,500

,500

1500

-.A

00 04 01

oc 04 01

00 04 01

00 34 31

30 34 31

IO 14 11

10 )4 53

-I

00 04

RlNClPAL

I I i

OUTS CCUM. INTEI

BALANCE AS OF 4


1/ACCOUNT NUMBERS WITH 9 AS THE FIRST DIGIT ARE ADVANCE PAYMENT ACCOUNTS 2,'TRANSACTION CODES:


6732300

6078 1 2 8

6732300

6078 128

1165364

327 1025

1192619

t485423

$087636

304796 1

13847 17 1 2 / , I

/ I 1

00 OPENING BALANCE 02 ADVANCE OF FUNDS 08 COLLECTION ADJUSTMENT 19 ADJ TO ADVANCE PAYMENT 01 CLOSING BALANCE AND 04 PAYMENT

20 - 29 SEE RUS BUL 20-9 320-1 2 33 ERC DEFERMENT

09 REAPP FROM ADVANCE ACCOUNT UNPAID BILLED AMOUNTS 07 ADVANCE OF FUNDS ADJ PAYMENT ACCOUNT

RUS FORM 613 10-99


CCOUNT UMBER 1,

1 ~ 3 1 2 1 ~ 3 1 2 1 ~ 3 1 2 le312

1 a320 18320 1 ~ 3 2 0 18320

18322 1 ~ 3 2 2 1 ~ 3 2 2 18322

1 8330 1 B330 18330 1 B330

1 B332 18332 1 8332 1 8332

18340 1 B340 i 8340

18342 18342 1 B342

18343 1 B343 1[B 34 3

18350:':

DATE OF TRANSAC'

BALANCE AS OF

- >O

21

O( 01 3: 01

oc 01 3: 01

oc 04 33 01

3C 34 33 31

30 34 33 3 1

10 14 I1

10 14 11

10 14 M ) O

-

-

I NT CURRENT

99422

99845

63452

61051'

284404(

19634!3

8301 1 ( -

EST {CCUMULATE PRINCIPAL

106502; 1 3 6 5 2 3 ~

104768 1 13835 3c

399 17E 77493c

10888 1 1 13391c

4569559

1 205026 1 REFERENCE NUMBER

OUTS GCUM. INTEI


597112 2

587897 I 2

78 16036

778 1014

7923658 1

78 I 188930

4 7 9 802 69

4758 109 1

48456458

47367647

22570 1629


11 ACCOUNT NUMBERS WITH 9 AS THE FIRST DIGIT ARE ADVANCE PAYMENT ACCOUNTS 21TRANSACTlON CODES.


UNPAID BILLED AMOUNTS 07 ADVANCE OF FUNDS ADJ, PAYMENT ACCOUNT 20 - 29 SEE RUS BUL. 20-9:320-12 33 ERC DEFERMENT

RUS FORM 61 3 10-99


DATE OF TRANSAC'

- CO

2, - 01 3: 3: 01 3: 0 .

OC 01 3: 01 3: 01 01

oc 04 33 04 33 04 01

30 34 33 33 34 34 31

30 14 33 34 33 14 11 -

I NTE CURRENT

14;

151

162

633131

621724

620 1 9 2

470938

'RINCIPAL

3c 1 oc

3': 1 DC 134

d

d

380897 386936 3634 1 6 386900 752970

998 18 131930 131930

2 2 0 5 10

5285 6:::l 9

4813 4 6056 0

1090812

BALANCE AS OF

REFERENCE NUMBER

OUTS GCUM. INTEi

\]DING BALANCES PRINCIPAL

T 290123 9

358 18

356 10

146786957

145289674

114602151

114195445

37253686 1

370436096

- MONTHLY BILLED ACCOUNT l/ACCOUNT NUMBERS WITH 9 AS THE FIRST DIGIT ARE ADVANCE PAYMENT ACC3UNTS 21TRANSACTlON CODES


UNPAID BILLED AMOUNTS 07 ADVANCE OF FUNDS ADJ. PAYMENT ACCOUNT 20 - 29 SEE R U S BUL 20-9 320-12 33 ERC DEFERMENT

R U S FORM 613 10-90


REFERENCE NUMBER I 205026 1

- INT.

RATE - 1500

_I_

,537

,500

,500

,500

,500

)200

DATE OF TRANSACl

- ,O[

21

00 04 33 33 04 04 01

00 04 04 04 01

00 04 04 04 01

-

-,

.- ~

I

00 01

00 01

00 01

00 01

INTEREST CURRENT I4CCUMULATE

4

9 0

7 6 0

7 0 2

s UI

i

. ..

TO

E J

1 1

10 1

3 4 0

3 0 8

BALANCE AS OF A U G 31, 2003

VDING BALANCES PRINCIPAL

t

t -. . .

3'

,4493:

8

2 :?&

8

1

8

7

2

0 0

-

2 -

- MONTHLY BILLED ACCOUNT

l/ACCOUNT NUMBERS WITH 9 AS THE FIRST DIGIT ARE ADVANCE PAYMENT ACCOUNTS 2iTRANSACTION CODES

00 OPENING BALANCE 02 ADVANCE OF FUNDS 08 COLLECTION ADJUSTMENT 19 ADJ TO ADVANCE PAYMENT 01 CLOSING BALANCE AND 04 PAYMENT 09 REAPP F3OM ADVANCE ACCOUNT

UNPAID BILLED AMOUNTS 07 ADVANCE OF FUNDS ADJ PAYMENT ACCOUNT 20 - 29 SEE RUS BUL 20-9,320-12 33 ERG DEFERMENT

R U S FORM 613 10-99

J. S. DEPARTMENT OF AGRICULTURE RURAL UTILITIES SERVICE WASHINGTON, 0. C. 20250

STATEMENT OF LOAN ACCOUNT AND TRANSACTIONS FOR THREE MONTH PERIOD ENDING M A Y 3 1 , 2003

N O R T H A R K A N S A S ELEC COOP I N C P 0 B O X 1000 S A L E M AR 72576

1 2050261 REFERENCE

NUMBER

04260 04260

04270 042 70

08280 0200 08280 08280

08282 0200 08282 08282

0 ~ 2 9 0 08290

OB290 0 2 0 0 ~

- DATE OF

TRANSAC‘

1 ~ 3 0 0 1 B 30.0

18302 1 ~ 3 0 2

18310 0500 o 2 03 18310 013103 1 ~ 3 1 0 0 3103

;OD. INTEREST 21 CURRENT kCCUMULATE A-

00 04 01

00 04 01

00 04 01

30 34 31

IO I4 11

)O )4 ) 1

IO 14 11

10 14 1 1

to 14 11

-.. L

I

‘i 13697

j_211 18312 I

BALANCE AS OF I

I

L

ANCES INCIPAL

= - MONTHLY BILLED ACCOUNT

?/ACCOUNT NUMBERS WITH 9 AS THE FIRST DIGIT ARE ADVANCE PAYMENT ACCOUNTS P/TRANSACTION CODES

00 OPENING BALANCE 02 ADVANCE OF FUNDS 08 COLLECTION ADJUSTMENT 19 ADJ TO ADVANCE PAYMENT 01 CLOSING BALANCE AND 04 PAYlvlENT 09 REAPP FROM ADVANCE ACCOUNT

UNPAID BILLED AMOUNTS 07 ADVANCE OF FUNDS ADJ PAYMENT ACCOUNT 20 - 29 SEE R U S BUL. 20-9,320-i2 33 ERC DEFERMENT

* Y E n n m n d l ? n l * I D I I c n c I ?

RUS FORM 61 3 10-99

597112 2

81 340816

7891 6 ~ 3 6 0 80266570

79236581

49155771

47980269

49679992

48456458

287 19893


2570 1 1

- I NT.

RATE

1629

158841338

155828248

64642394

63499422

33347438

DATE OF - 2 0 2 i

01

oc 04 01

30 34 33 31

IO 14 11

IO 14 11

10 14 33 11

)O 14 ) 1

10 ,4 I1

10 14 ' 3 3 4 4

-

-

INTf CURRENT

i S T .CCUMULATE

ACCOUNl NUMBER 1

le312

18320 18320 1 ~ 3 2 0

1 ~ 3 2 2 1 ~ 3 2 2 1 ~ 3 2 2 18322

18330 1 B330 1 B330

18332 18332 1 B332

1 B340 18340 1 B340 1 B340

1 8342 18342 18342

1 8343 1 8343 1 B343

1 B350:' 1 B350 18350 18350 18350 1 B350

RlNClPAL

- MONTHLY BILLED ACCOUNT 1IACCOUNT NUMBERS WITH 9 AS THE FIRST DIGIT ARE ADVANCE PAYMENT ACCOUNTS 2/TRANSACTION CODES.

- OUTS INTEl


00 OPENING BALANCE 02 ADVANCE OF FUNDS 08 COLLECTION ADJUSTMENT 19 ADJ. TO ADVANCE PAYMENT G1 CLOSING BALANCE AND 04 PAYMENT 09 REAPP FROM ADVANCE ACCOUNT

UNPAID BILLED AMOUNTS 07 ADVANCE OF FUNDS ADJ. PAYMENT ACCOUNT 20 - 29 SEE R U S BUL 20-9;320-12 33 ERC DEFERMENT

RUS FORM 613 10-99

4CCOUN- UMBER.


1 205026 1

RATE TRANSACT.

,500

1500

0

01 0 0 0. 0

O( 01 3: 01 3: 01 0 ’

OC 01 3: 3: 04 04 01

DC 34 33 33 34 34 3 1

IO 14 14 14 11 I

-

INTEREI ’RINCIPAL

3869DC 379434 38693c 748755

78731 131930 131930 96642

215076

770664 3181 30 422234 7 12030

I 085 159

0 15930 0651 19 0 10725

I I_-.-<-

BALANCE AS OF

OUT: rCCUM. INTE


3581 8

148275984

146786957

1 14992570

114602151

375 104684


1iACCOUNT NUMBERS WITH 9 AS THE FIRST DIGIT ARE ADVANCE PAYMENT ACCOUNTS 2ITRANSACTION CODES.


UNPAID BILLED AMOUNTS 07 ADVANCE OF FUNDS ADJ. PAYMENT ACCOUNT 20 - 29 SEE RUS BUL 20-9,320-12 33 ERC DEFERMENT

~ Y F O O O 0 $ 8 2 0 2 % L R U S 0 6 1 3

RUS FORM 613 10-99


I 205026 1 REFERENCE NUMBER

\CCOUNT INT. DATE OF CC IUMBERlI RATE TRANSACT. 2 ’RINCIPAL

YDING BALANCES PRINCIPAL

IN- - 3EST ~CCUMULATI

t- I

IUI

- 4124

4264 4938:

2487:

2 1 1 1 I

33 136

10 -10 -10

10 -10

10

-

!E !6

9

5 9

7


1iACCOUNT NUMBERS WITH 9 AS THE FIRST DIGIT ARE ADVANCE PAYMENT ACCOUNTS 21TRANSACTlON CODES:


UNPAID BILLED AMOUNTS 07 ADVANCE OF FUNDS ADJ. PAYMENT ACCOUNT 20 - 29 SEE RUS BUL 20-9:320-12 33 ERC DEFERMENT

RUS FORM 613 1 e-9Q

U. 5 . DEPARTMENT OF AGRICULTURE RURAL UTILITIES SERVICE WASHINGTON, D. C. 20250

STATEMENT OF LOAN ACCOUNT AND TRANSACTIONS FOR THREE MONTH PERIOD ENDING F E B 2 8 , 2003

N O R T H A R K A N S A S E L E C C O O P I N C P 0 BOX 1000 S A L E M A R 72576

1 DATE OF TRANSACl


OUTS PRINCIPAI. ACCUM. INTE

I NT CURRENT

:EST XCUMULAT

04260 04260

0427C 0427C

0828c 0828c 0 8 2 8 ~

0 ~ 2 8 2 08282 0 ~ 2 8 2

0 ~ 2 9 0 08290 08290

oe292 38292 38292

18300 1 ~ 3 0 0 1R300

I ~ 3 0 2 I 8302 I 8302

8310 8310 8310

8312 8 3 1 2

I

7883223

7976246

7 33470 7

7976246

7334707

299 1243

207 161 7

3018102

209&2.3_

3895529

7997242

I 182525

7328580

? 178598

,60751 1

020c

0200

0200

3200

___

1500

01

00 04 01

00 0 4 01

00 04 01

00 04

-

-

---..̂I

I I 1

I--

500 113 0 2 1 o l d 0 3

I I 1

1645279160 i l i I BALANCEASOF


1 ACCOUNT NUMBERS WITH 9 PS T-IE FIRST DIGIT ARE ADVANCE PAYMENT ACCOUNTS 2 TRANSACTION CODES

00 OPENING BALANCE 02 ADVANCE OF FUNDS 08 COLLECTION ADJUSTMENT 19 4DJ TO ADVANCE PAYMENT 01 CLOSING BALANCE AND 04 PAYMENT 09 REAPD FROM ADV4NCZ ACCOUNT

UNPAID BILLED AMOUNTS 07 ADVANCE OF FUNDS ADJ PAYMENT ACCOUNT 20 - 29 SEE RUS BUL 20-9 320-12 33 ERC DEFERMENT

- n Y ^ - * I * C 7 n , l I D I ' C n C , ?

RUS FORM 633 10-0_0

4CCOUNT JUMBER 1’


INT DATE OF C RATE TRANSACT.

REFERENCE NUMBER

18322 500

1 ~ 3 3 0 500

18322 18322 1 ~ 3 2 2

18330 1 B330

1 ~ 3 3 2 500

113002 o 022833 o 022833 3 022833 o

113032 0 1

022833 0. 022833 o

113032 o(

1 ~ 3 2 0 18320

BALANCE AS OF

INTEREST CURRENT 14CCUMULATE

1875466

935850

811148

0 3 0 125

398 168 32965 1

PRINCIPAL.

9668 13760

11908 I !


l/ACCOUNT NUMBERS WiTH 9 AS THE FIRST DIGIT ARE ADVANCE PAYMENT ACC3UNTS PITRANSACTION CODES

OUTS ACCUM. INTEF -

{NDING BALANCES PRINCIPAL

I 8 134081 6

8 123341 8

80266570

5034661 7

49 15577 1

509 18325

4967 999 2

23325224 1

2287 19893

16 19001 12

15884 1338

65805774

64642394

235549795

00 OPENING BALANCE 02 ADVANCE OF FUNDS 08 COLiEC-ION ADJUSTMENT 19 ADJ TO ADVANCE PAYMENT 01 CLOSING BALANCE AND 04 PAYMENT 09 REAPP FROM ADVANCE ACCOUNT

UNPAID BILLED AMOUNTS 07 ADVANCE OF FUNDS ADJ PAYMENT ACCOUNT PO - 29 SEE RUS BUL 20-9 320-12 33 ERC DEFERMENT

R U S FORM 613 10-09

INTEREST CURRENT (ACCUMULATI -


8360

8363:':3500 8363 8363

8363 B363

8363

022833 0 1

1 13032 00 123132 33 123102 0 4

022833 04 013133 04

0212833 01

BALANCE AS OF

PRINCIPAL

73275 13193c 13193c 75426

25687:

474874

924049 238 169

6b5630 160050

176785 837439 0 13546 168056 I


I / ACCOUNT NUMBERS WITH 9 AS THE FIRST DIGIT ARE ADVANCE PAYMENT ACC3UNTS Z/TRANSACTlON CODES.

OUT: 4CCUM INTE

NDING BALANCES PRINCIPAL ;-s

148275984

115398148

1 14992570

117741776 75 104684

84098253 I 81079212

j.1 jplj :- (1:ST

00 OPENING BALANCE 02 ADVANCE OF FUNDS 08 COLLECTION ADJUSTMENT 19 ADJ TO ADVANCE PAYMENT 01 CLOSING BALANCE AND 04 PAYMENT 09 REAP? FROM ADVANCE! ACCOUNT

UNPAID BILLED AMOUNTS 07 4DVhNCE OF FUNDS 4DJ PAYMENT 4CCOUNT 20 - 29 SEE RUS BUL 20-9 320-12 33 ERC DEFERMENT

= P K O O O O Z S 7 0 2 * LRUSOllZ

RUS FORM 613 10-99

113032 oc 0 2 2 8 3 3 0 1

1 1 3 0 ~ 2 00 1 2 3 1 ~ 2 09 123102 19 0131b3 19


0 2 2 8 3 0 1

1130 2 00 3228 3 0 1

1130 2 00

REFERENCE NUMBER 1 205026 !

INTEREST CURRENT I4CCUMULAT PRINCIPAL

7-

1

3 2 2 2 861

2963

12151

1583' 3763;

-1c 10 I n

-10 -10

10

- BALANCEASOF F E B 2 8 , 2 0 0 3


l/ACCOUNT NUMBERS WITH 9 AS THE FIRST DIGIT ARE ADVANCE PAYMENT ACCOUNTS PiTRANSACTION CODES:

L

NDING BAL PRll

3

:ES 'AL 161r 5 5 6 9

t6550

0 8 9 1

4042

-10

-10

00 OPENING BALANCE 02 ADdANCE OF FUNDS 08 COLLECTION ADJUSTMENT 19 ADJ TO ADVANCE PAYMENT 01 CLOSING BALANCE AND 04 PAYMENT 09 REAPP FROM ADVANCE ACCOUNT

UNPAID BILLED AMOUNTS 07 ADVANCE OF FUNDS ADJ PP-YMENT ACCOUNT 20 - 29 SEE RUS BUL 20-9 320-12 33 ERG DEFERMENT

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